View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

:

xmm
MERCHANTS MAGA21NF

HLTNT'S

REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OK THE UNITED 8TATH8

-"VOL.

NEW

31.

YORK, JULY

NO.

17, 1880.

Financial.

Financial.

Financial.

John

CicoHOE Stark.

&

Phelps, Stokes
N.

I.

Co.,

53 nrilUam Street,

In Dollars for use In United States, Cuba, &c.,

Pounds Sterling, available In any part of the world'
Also, TBAVKLBBS' CBKDITS and

CIRCCLAR NOTES.

[
Banque

-

-

No.

9,000,000 Francs.

RAILROAD INVESTMENT SECURITIES;
Collect Coupons and DiTiDKin>s;
NBOOTIATB liOANS AND DRAW BILLS OF

BOARB OF DISeCTORS

Wbbbb

{Ed.

Weber

* Cle.)

(C.

Schmid

TRANSACTS

A Cle.)

KXCHANOB on LONDON.

P. POTTBB, Prest.

A

J. J.

Kddt

Cashier.

Maverick National Bank,
BOSTON,

CAPITAL,
SURPLUS,

the Construction and

yames M. Drake
BANKERS,
AND

22

&

Co.

Mr. J. M. Drake has been a member of the Nev.
York Stock Kichan^e since 185a. and will give per-

sonal attention to

business entrusted to the llnu.

&

Elliman,

business paper

discounted.

_

Cor-

respondence invited.

39 Wall St, New York.
BONDS, STOCKS and INVESTMENT SECURITIES
Noa. 3T

L.

LiHDLar HAIHE8

Jr.

H. Taylor

&

Hymans & Zoon,
BANKERS,
A

nrsTERD A n, Holland.

Bonds, Stocks and Security (also not olBcislly
quoted) bought and sold on commission. Bills collected and other banking business transacted.

Correspondence

Vernam & Company,
BANKERS AND BROKERS,

138

SOUTH THIRD STREET,
PHILADELPHIA.

BOUGHT AND SOLD oN COMMISSION.

BuTTBicK, Member of the N. Y. Stock Exoh'ge
W«. Ellimam. Member of the N.Y. Mining Kxch'ge

88

Deposits reoeived subject to check at sight, aad
Interest allowed on daily balances.
Stocks, Bonds, Ac, bought and sold on commission
in Philadelphia and other cities.
Partloular attention given to luformation regard-

Dg Investment

Securities.

TOPEKA,

STOCK AND BOND BROKERS,
34 BROAD ST., NEW YORK.
Oovemments, and

all

Se-

>««"">er. N. T. Stock Bxch.

R.T.Wilson

&

Co.,

BANKERS AND COMMISSION MERCHANTS,
3 ExcbanKe Court, N »iv York.

LLOYD.

Lloyd
34

curities dealt In at the New York Stock Exchange
bought and sold for investment or carried on margin, strictly on commission.

52"m*cSovISS?JS; {

Co.,

KANS.tS.

Loans negotiated. Collections made. Taxes paid.

Coleman Benedict & Co.
Stocks, Railroad Bonds,

&

Municipal Securities bought and sold.
P.

D. SBTMOUtt WlLLABD,
N. Y. Stock Exchange.
Cybus W. Field,
Jk.

HOWARD LAPSLET,
Members

SpeolaL

Lapsley, Field

&

Co.,

STOCK BROKERS,
15 BROAD STREET,
New York.

No.

Hilmers,McGowan & Co
BROKERS IN
Foreiern Exchange, Stocks and Bonds,
03 wrall Street, New York.
(P. O. BOX 8347.)
Special attenUon paid to the negotiation of

mercial

Com

bills.

Kountze

Brothers,
BANKERS,

130 Broadway (BquItaMa Balldlac),
N E mr

YORK.

LETTERS OF CREDIT

SIXTH AVE., WEST OF KAN. AVB.,

JOSEPH

New

New

York.
Street,
Bonds and Governments Bought and Sold,
on Commission, either for Investment or
carried on margin.
No. 34

Stocks,

strictly

REAL ESTATE AND INSURANCE,

Baakera and Brokera,

solicited.

BDWAItn N. BOND.
ALBKBT H. VKRNAM,
Member N. Y. Stock Exchange.

ti

H. R. Prather

Co.,

YORK.

commission. A specialty made of Western FanM
Mortgages bearing from 7 to 10 per cent Interest.
Will undertake the negotiation of loans upoa
Western City property in large or small amounts.

C. A.

LEWIS H. TAIXOB,

Stabk.

Investment Securities for cash or oa

Ctrus W. Field,

urall St., New York.
BUT and SELL RAILROAD STOCKS and BONDS?
STATE. CITY, and all otkei
GOVBRNMENT.
8.
U.
Negotiable Seiirlties, ON COMMISSION.
all

sell

r.

Co.,

BACKERS,
BROADWAY, NEW

No. 42

DREXEL BUILDING,

Buttrick

solicited.

Satisfactory

relating to

Equipment of Railroads undertaken.

-..--... $400,000 BANKERS AND RROKERS,
400,000

COliLKCTIONS a specialty. Business from Banks
and Bankers

All business

21

GBNERAI. BANKING BUSINESS.
ABA

Co.,

New York.
BUY AND 8BLI,

ALFBUD MAQOiNiY (Graff & MaQulnsv), Vlco-PreJ. B. Vow s»B BacKK (B. Von der Becke).
Otto Ounthbr (Cornellle-Davld).
EMILB DB GtTT\L.
Ad. Fbanb ( •"rantt. Model « Cle.)
Auo. NoTTKB )HM (Nottetiohm Freree).
Fa. DHANis (.Mlchlels-LooB).
Job. Dan Kubkmasn, ,Ir. (Job. Dan. Fuhrmimn).
Loots

&

WILLIAM STREET,

63

Pblix Urisab, President.

Jvuu iUVTBHSTSAuoa

Khnnedy To».

Banlcers ami Merchants,

Ant WE RP.
Paid-Up Capital,

J.

Kennedy

S.

J.

Anversoise,

Kknnkdy.

S.

&

George Stark

VorK.

Accounts and Agency of Banks, Corporations,
arms and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations In paying coupons
and dividends': also an transfer agents.
Bonds, stoclcs and securities bought and* sold on
commission.
Sound railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
Union BanlE of London.

John

Centrale

Co.,

Buy and

COmniERClAL CREDITS,
•n

BANKERS,
New

PHKLP8,

BANKERS,
JAME8 STOKK8,
AN80N PHKLPS STOKBa.
45 IITALI. ST., NEW YORK.

&

Jesup, Paton

766.

W.

C.

MOKKAN,

Member of N. Y. Stock

Exch'ge.

& McKean,

^TALL STREET, NEW^ YORK.

Buy and sell— on commission—Government. Railway and Miscellaneous Securities. Receive deposits
subj ect to check, and allow Interest on bal ances. _

A. H. Brown

&

Co.,

BANKERS AND BROKERS,
T Wall St., Cor. New, New York.
INVESTMENT SECURITIES.
Special attention to business of country banks.

AND

CIRCVL.AR MOTES
Issued for the use of tr»velef« la
all parts of the world.
London
Bills drawn on the Union Bank of
and to
Telegraphlo transfers made to London
various places in the United States,
Inand
sight,
Deposits received subject to check at
terest allowed on balances.
Government and other bonds and Investment securities

bought and sold on commission.

P. F. Keleher
305

& Co.,

OLIVE STREET, ST. LOUIS, Wo.

Flrst-claas Western I«'Te»'™S°iiS2S5"K2niSr
otUSmxai.J^^MU,
St. Louis City and States
sale
Bonds » •»?«?«»•

tSxm

Artansas and Colorado

rSinnfor^ion
Ucatlon.

given

dividends oouectoo.
Coupons and 'p„'»««S'SuS<SS.

:

THE CHRONICLE.

u

Foreign Bankers.

Foreign Exchangee.

Foreigi* Exchange.

XX si.

Vol.

Nederlandsche
Drexel, Morgan & Co., K.noblauch
WALL 8TRRET,
& Lichterwtein, Handel-Maatschappij,
CORNER OP BROAD, NEW YORK.

Drexel & Co.,

Drexel, Harjes

N9.M SocTB Third St..
Pblladelpbla.

81 Boalevftrd

BANKERS,

& Co 29 WlUlam

HaagRmaDO

Paris.

«a»e Telegraphic Money Transfers.
Draw Bills of Exchange and luRe Letters oi Credit
all

principal cities o; Earope.

DOMESTIC AND FOREION BANKERS.
Deposits received subject to Draft. Securities. Gold,
Ac., DoUKlit aod sold on ConuiiUston. Interest allowed
on Depoflitf*. Foreign KxchariKe. Commercial Credits.
Circular Letters for TraTelert.
Cable Transfers.
RTdtlable In all parts of the world.

Attobmstb and Agrsts of
nicBsrs. J, S. .TIORGAN Sc CO.,

OLD BROAD

No. S2

Brown

ST.,

WALL

No. 69

Btir

BIL.L,S

SPECIAL PARTNER,
Berlin.

&

ST., N. V.,

Merchants' Bank
OF

,

OF KXCHANGE

JOHN HAMILTON.
JOHN McLKNNAN,

Vice-President,

Esq.

OFFICE, HONTREAL.

HEAD

STANTON BLAKE.
HENRY E. UAWLEY,

New

York, January

for

)

America

)

1, ly79.

142 Pearl Street

Office,

$5,500,000 Paid Up.

Capital,
President, the Hon.

AXD SELL

AN D

ESTABLISED 1824.
Pald-np Capital, 30,000,000 Fiorina.
($14,400,000, Uold.)
;

UaiikK.

Cuiiadiuii

CANADA.

Co.,

OF HO L L

Execute orders for the purchase or sale of Merchandise. Bonds, Stocks, and other securities, in the
United States, Europe and the East make Collections
buy and sell Foreign Exchange, and give advances
upon Merchandise fur Export.
OLIVER S. CARTER, ) Agents

DKIITSCHK BANK.

LONDON.

Brothers

The Nellicrland Trading Society

Excbange Place.
NEW YORK.

St., cor.

New

York.

Nederlandsch Indische
Handelsbank,

AMSTERDAM, HOLLAND.

ESTABLISHED IN 1863.
ON GREAT BRITAIN AND IIIEI.AND,
GKKMANV. BELGIUM AND HOLLAND.
GEORGE HAGUE, General Manager.
Pald-Up Capital, 12,00'>,000 Guilders
Issue Commercial and Travelers' Credits
($4,800,000 Gold.)
WM. J. INGRAM, Asst. General Manager.
IN SISRLINO,
HB\D
OFFICE IN AMSTERDAM.
BANKERS
AVAILABLE IN ANY PART OF THE WORLD.
Agencies iu Batavia, Soerabaya and Samarang.
LONDON. ENG.— The Clydesdale Banking Comp'y.
And In Krancs. In Martinique and Guadaloupe.
YORK—The Bank of New York. N. B. A.
NEW
Correspondents in Padang.
IIIAKE TELEGRAPHIC TRANSFERS
The New York Agency buys and sells Sterling Ex-

FRANCE,

OF MONElf

and other countries, through London
and Purls.
ICake Colloctlons of Drafts drawn abroad on all
points in the United States and Canada, and
(A Drafts drawn in the United States

Between

this

on Fore ign Conntries.

&

G.

S.

G. C. Ward,

change, Cable Transfers, issues Credits available in
all parts of the world, makes collections in Canada
and elsewhere, and issues Drafts payable at any of
the offices of the bank in Canada. Demand Drafts
issued payable in Scotland and Ireland, and every
description of foreign bunking business undertaken.

Ne^v York Agency, 48 Excbange-place.
HENRY HAGUE.
•-„_,,
JOHN B. HARRIS JR., Agents

J.

A:

i

Bank of Montreal.

COMPANY,

Si WALL STREET, NEW YORK.
28 STATE STREET, BOSTON.

CAPITAL,
SURPLUS,

&W. Seligman& Co.,

GEORGE STEPHEN,

EXrHAWGK PLACE,

$12,000,000, Gold.
5,000,000, Gold.

C. F.

BANKERS,
S9

SMITHEES, General Manager.

WALTEK WATSON,

COKNBK BROAD STUKKT. MSW YORK.

Payable In any par of Europe, Asia, Africa, Aastrsils
and AmericaDraw Bills of Exchange and mabe telegraphic traue(ers of money on Kurope and CallforniH.

&

John Munroe
No.

Co.,

CO., PARIS.
STERLING CHEQUES AND BILLS AT StSTY
DATS' SIGHT ON
ALEXANDERS & CO., LONDON.

J.

&

London

Stuart

&

Co.,

J.
NASSAU STREET.
BILLS OF EXCHANGE ON

SBIITH,

dc

& SItIITH>'S,
LONDON

British

North America,

No. 52
and

Issue

fers.

WALL STREET.

sell Sterling

Exchange and Cable Trans-

demand drafts on Scotland and

Ireland,

on Canada, British Columbia, Portland, Oregon,
and San Francisco.
Bills collected and other banking business trans"
MCTAVISH, Agent
,„„„,„s. J
LAAVSON,

D. A.

)

\V.

i

Imperial Bank of Canada
Capital,
H. S.

$1,000,000.

ROWLAND, President; D.

HEAD

;

K.

WILKIE,

Cashier

OFFICE, TORONTO.

ULSTER BANKIN« COMPANY,
AJTO

Brakohvs:

PORT COLBORNE, ST. THOMAS
DJGERSOLL, WELLAND, DUNNVILLE, FERGUS.

ST. CATHARINES,

OS THR

NATIONAL BANK OF SCOTLAND,
EPINBURO, AND BRANCHES;

Dealers In American Currency and Sterling Exchange-

Agents

ALSO.

UABLK TRANSFERS AND LETTERS OF CREDIT

Shanghai

BANKING CORPORATION.
CAPITAL (paid-up)

$5,000,(X)0

BEAD

1,500,000

HONO KONG,

OFFICE,

The Corporation grant Drafts and negotiate or
collect Bills payable at Bombay, Calcutta, Singapore,
Saigon, Manila, Hong Kong, Fooehow, Amoy
Ningpo, Slianghai, Hankow, Yokohama, Hiogo, Saa
Francisco and Londun.

A. M.

TO W> SEND,

Asent, 59 Wall

In

Londoa

BosANQtjKT, Salt
93

Lombard

&

:
I

in New York:
Bank op Montreal,

Agents

Co.,

street.

|

59

Wall

street.

Promptest attention paid to collections payable In
any part of Canada.
Aporoved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the Unltod States bj
gold or currency draft on New YorK.

California Banks.

The Nevada Bank
OF SAN FRANCISCO.
New York

Affeacy, 62

Wall Street

No. 25 Pine Street,
sell,

New

York.

on Commission. GOVERNMENT

STATE. MUNICIPAL and RAILROAD BOND^
end STOCKS, and all classes of Securities dealt in
Ht the

NEW YORK STOCK EXCHANGE,

MARKET.

LOANS

ncKOtlated.
check.

Intorost paid on

and

WILLIAM
THOMAS H. BOUDEN*

or all

OPEN
COMMERCIAL PAPER

reputable Securities boUKht and sold in the

B.

DEPOSITS

subject to

Adolph Boissevain & Co,

BANKERS
AKD

COMMISSION MERCHANTS
AMSTERDAM, HOLLAND.

HATCH.

FRANK JENKINS"

Bonds,

Invested In IT. S.
$3,500,000 Gold.

GEORGE

BBANDER,

L.

N. Y. Correspondents.—Messrs.

BLAKE BROS. & CO

Agent.

Issues Commercial and Travelers' Credits available
in any part of the world. Drawi Exchange, Forcig
and Inland, and makes Ti'ansfers of Money by Telegraph and Cable. Givq^s special attention to Gold
and Silver Bullion and Specie, and to California
Collections and Securities; and arranges to pay
Dividends on such securities at due dates.

Bankers, London, SMITH, PAYNE & SMITHS.
UNION BANK OP LONDON.
do
do
Y'ORK, N; B. A.
do New Y'ork, BANK OF
do
do AMERICAN EXCHANGE NAT. BANK.

NEW

THE

Anglo-Californian Bank
(LIMITED).

LONDON, Head Office, i Angel Court.
SAN FRANCISCO Office, 4*2 California

NEW YORK Agents,

& W.

J.

Selitnnan

&

St.

Co.

BOSTON CoiTCspoud'ts, Massacliusctts N. B'k.
Authorized Capital,

•

Paid up and Reserve)

$6,000,000.
1,700,000.

Transact a general bunking business. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favorFBED'K F. LOW,
able terms.
i Maiini.»r«
-"amigers,

IGNATX STEINHART.

Foreign Bankers.
Purchase and

St.

OF

;

BELFAST. IRELAND

Hong Kong &

Surplas,

Bank

COUNTY BANK,

" LIMITED ;"
" 'MANCHESTER, PAYABLE Q? LONDON

14

CO.,

NOHTH AMERICA,
WALL STREET, NEW YORK,
28 STATE STREET, BOSTON
FOlt

AGENCY OF THE

acted.

PAYNE

BANKEP.S,

nANCHESTER

No. 9 Blretaln Lane.

Office,

also

33

AGENTS

and Cable

Sterling Exchange, Francs

Transfers ; grant Commercial and Travelers' Credits
available in any part of the world; issue drafts on
and make collections in Chicago and thri^ughout
the Dominion of Canada.

Bfiy

CfEOULAR NOTBS AND CsSOtTS FOR TBAVKr.RR8.

Agents.

A. LAKQ,

Buy and sell

No. 8 W^all Street, New York,
4 Post Office Square, Boston.
CHEQUES AND CAIiLE TBANSFBKS ON

mVNROE &

BLAKE BROTHERS &

RESERVE FUND

President.

NEW rORR OFFICE,
ic 61 AVALL STREET.

Nos. 59

Issue Letters of Credit for Trayelers,

business of a financial character in connection with
the trade with the Dutch East Indies.

)

AeSNTS FOR

BARING BROTHERS

Issue commercial credits, make advances on shipments of staple merchandise, and transact othei

P. N.

LILIKNTIIAL,

)

Cashier.

Dodge, Potter

&

Co.,

BANKERS
ANI>

COTTON COMMISSION MERCHANTS,
34 PINE STREET,
.Neiv York.

JuLT

THE CHRONICLE

17, 1880. J

Boston Bankers.

Financial.

Oeo.Win.BallouA^Co
ANKERS,
8 Wall Street,

NEir

72 Devontihlre

YORK

Deposits received

lU

St.,

BO\I>S OF

FIDELITY GUARANTEE

Ji«URETV)!>IIII>

For OlUccra and Einployera
and IluliwHyn.

ol'

Bank

l!ItIB.ND8

TO tlKCOAlK

CONTINUE U|8
AS THE

Canada Guarantee Co.

securluK a

GRANTS BONDS OK SECURITY KOK ALI,
KLIOIHLK .MKN IN SUCH POSITIONS AT A
Choice RAILROAD and miTNICIPAI.
TRIKLING CHAIK;).; FEU ANNUM.
Thiscij|n|>aiiy'» Surely.Hhlp Is ncm^ptort by many
SECVHITIES For Sale.
Wm.

Geo.

Geo. H. Holt.

Ballol'.

&

Brewster, Basset

Co.,

BANKERS,

on the llmtal nitf.
T.he udvantatios of transacting business with this
Cohipany are thut It is a well-established institution, and has anii>le reserves, over and abf)ve its
to :« in-r cint

CONGRESS STREET,

No. 85

BostODi niaBs.
Dealers la Btoolu, Bonita, Gold and

CommercUi

paper.

Orders ezesuted on Commission at Brokers

AacUont, and

Board

i'rlrate Sale.

The Available Assets of the Company (at
31st Dec, 1S7B) over and above uncalled
Capital,

&

Co.,

BAKKEBS

And

were

tion to the

260

IN GOVERNMENT SECURITIES
County and Railroad Bonds.

H. Peck,
BANKER AND BROKER
BXCHANQE PLACE,

&

&

Curtis,

BANKERS AND DEALERS IN

-/?.

&

BAIiTinUORE.
ipKSVESTMENT and VIRQUJLS. 8ECUKITIK8
solicited

Dished.

N. i

.

and

Inforn-atlon

COBEispoNDisTs— McKlm Brothers

B. S. Bbbbdsb, Pres't.

ft

a

for.

4 ExclMnge Cotrt,

M irtart memiirthij) in

all

B.

Waiiswobth.

&

Smith,

""^

tf.

New

York.

Y. Stock Exchangt,

^''' '" (^<"""'''"on,

.M.

EoWAItn Stahk. <;«*neral AffAti^
^
DlIIErT01te-f>ori.-e T. Hone a i; llu I <• «>
Vyilllams, VV G,. !,ow, A. S. Harnes.irA
'irU-o?;
Geo S Coe, .1. S. T. Stranahan. tharlc» Dennis.

Wml

B;iyi;!X'L''.'^?J;ea'J'n°'

Cor. of

Montague

A. K. Walkeb, Cashier.

H.E. Pierrepont. Dan'lChaunoey, .lohn T. .Martin.
Alex. M. White. Josiah O, Low, Ripley Ropes,
Austin Corbin.

&

24.

B. GREENE,
BANKER AND BROKER,
30 Broad St., New York,

Hatch

R.

BUNKER,

&

Secretary.

Foote,
STREET,

No. 13 tTALIi

BUT AHD SBLIi
GOVERNMENT BONDS. STOCKS AND MISCEIo
LANEOUS SECURITIES,

MAX

THEO. V. SAND.

Edward a.

Petit,

B. SAXD.
Y. Stock Eich.

Member N.

&

Sand Brothers

Co.,

BANKERS AND BROKERS,
54 Wall Street, New York.
STOCKS AND BONDS BOUGHT AND SOLD ON
COMMISSION.

COMMERCIAL PAPER NEGOTIATED.
WAL.STON H. BHOW.N-.

FRED. A. BROWN-.

Walston H. Brown & Bro.
BANKERS,
New

11 Pine Street,

York.

SPECIAL ATTENTION GIVEN TO THE NEGOTIATION OF

RAILROAD SECURITIES.

&

Oilman, Son

Co.,

BANKERS,
CEDAR STREET.

62

In addition to a General Bankin;? Business, buy
and sell Government Bonds and Investment Securl*
ties

^VALCOTT

C.

•f.

BANKEnS

CO,,

A;
.

No. 42 Broad Street,

&

Co.,

BANKERS,

mOBILE, AI.ABAIVA.

Edmund W. (;orlles.

WM.

/or Caih, »9 »»

THOS. p. MILLER, B. D. WILLIA;«S, JNO. V. MILLER
CHAS. D. MILLER.

BANKERS,

Trust Co.

Clinton sts., Brooklyn, N. Y.

TRUSTEES:
„,
„
Wm.
B. Kendall, Henry Sautter, Alex. McCno.
JohnP. Rolfc, Chas. B.Marvin. A A. Low.
Thomas Sullivan, Abm. B.Baylls. Henry K. Sheldon

parts of the DtUted States

Thos. P. Miller

i.

^-

This Company Is authorlied by special charter to
act as receiver, trustee, Kuardlan, executor, or administrator.
It can act as axent In the sale or manaitement
ot
real estate, collect Interest or dividends, receive
reRlstry and transfer books, or make purchase and
sale of Government iitui other securities.
RellKlous and charitable institutions, and persons
unaccustomed to the tran.sactlcm of business, will
And this Company a safe and convenient deposltorr
for money.
KIPLKY ROl'KS, President.
CIIAS. R. .MARVIN. Vlce-Pre«t.
EDOAll M. CUI.LK.V, Counsel.

CHARLES
ROOM

'°'"' "• '"'•"• "-'""^

The Brooklyn

Stocks, Bonds, and all InvettmHtt
Stcuritiit, in lot)
luit,

Southern, Western, Northern and Eastern Railway
Bonds and Stocks; also, State, Municipal and all
classes of reputable investment securities, bought
and sold at best market rates. Investors and dealers
wishing to buy or sell are invited to communicate
with us. Loans ocgotiatetffor bankers and brokers.

Co

First National Bank,
WILMINGTON, N. C.
CnUectloni made on

Wm.

A SPECIALTY.

BANKKKS ANjj BROKERS,

Is ri»iulrod for tha
""" *'"'•"" "' «"»'">'<»• '>

°"° ''" ""'"'"O'' "l *b» O«00, JOT
RiniARD.s. President.
Lyman W. Bkigum, Vice-President
John M. Chank Secretary.

U

Co.,

In ifeu ot

"'"•''"• »e';"rlt/

Bnmdway'.''"'"''''''

Wm.

W. H. COX, JR., OSCAR B. SMITH

BROAD STREET.
JT Khnball &" Co.,

Margin,

Southern Banker§.

CO.

made on same.

BANKERS and BROKERS
^"iLt

CORl'DftATK GU A R A.VTKK

'"'»"''
1

BANKERS,

BANKERS AND BROKERS,

DEVONSHIRE STREET
BOSTON

Correspondence

STREET,

No. 37

Stackpole,

f'.oM'V

all IMfsUlon's 'oJ";'r'ust".'

Wadsworih,

Pomeroy, Cox

IHass.

Wilson, Colston

&

Wm. C. Sheldon.
EDWARD POMERO V,

BANKERS,
No. 68

applica-

BONDS AND STOCKS.

siianeNS' bi;ii.ding,
Parker

may be had on

JameN

10 TTALI.

vances

STOCK BROKERS,

Boston,

&c.,

t4T6,4i36
30th, 1S78,

All classes of neKOtinblo securities bought and
sold at the Stock Exchange on Commission. Ad-

BOSTON.

Jackson

to December
Just published.)

Sheldon

F.

No. 7

Government

HEAD OFFICE:
Street, mC'ntreal.
EDWAKD KAWLINGS. Manager.

St.

DEALERS
State, City,

$110,016

the Gross Resources

(See Report to

PnosPECTDS, KOU.MS,

STATE STREET, BOSTON.

40

capilal, to provide ucainst exceptional reverses.
Ihomost compluto and reliable Information Is ob.
lalned as to the nnlfi:etleiit.i of Kmployees.and this Is
realry of the ttrst importance to the Emiiioier, as
also the system of periodical supervision and revision of those on the Conipany's Books.
Over »10«,0<K) have already been paid by this Company for »>sses by unfaithful employees, without o

mnijir context Ht low.

InvefltmeBt Securities coDstantlTon haprl.

Chas. A. Sweet

of the prindiml U. 8. Itullniad CoraiMinlcs und «omo
of tlif liunk.i. In CuMiiila Its BondH are now almost
univorsBlly required liy the Governments, Banks,
Railways, and Commercial Institutions.
TiiK Canada (JcAitAxrKK Company la the onJB
Comiiany on tlio Amerlciin Continent that has
successfully c(mducted tlila buslness.-a result of
which Is that it has boon able to establish a Ibmiut
svateiuifor those who have been 3 or more years on
tlie bonks, whereby the .subsequent premiums are
annually rcrtuceii.—Oif rn/i«(ion t*J» year is from 15

CASUALTY

dc

OF

.VKir YORK,
Ouaran'ocinB the fidelity of person. hoMlnir po«l.
tlons of pecunlarv trust and resiKinslblllty, thn«

Oil

SUitETIES,

FIDELITY

BONDS

BV TUB

AIIK ISSUED

No BANK oil RAILHOAIl KMPI.OVEE NEKD ASK HIH

BOSTON.
and intehest Allowed.

Financial.

Co.

Transact a General Bunking Business, buy and sell
on commission all socurlttes dealt in at the New
Vork. Pliiladelphia and Boston Stock Exchunses,
either for ciish or on margin.
Special attentloii
Kiven to Mining .^Stocks.

Frank F. Dickixsox,
WALcoTT,
Members N. V. Stock and Mining Exchanges.

Jos, C.

New

Special attention paid to collections, w'ih prompt
remittances at current rates of exchauKo on dav
' of

58 Broadway, cor. Exchange Place,
payment.
Correspondents.— German-American Bank, New TRANSACT A GENERAL BANKING BUSINESS,
York Louisiana National Bank, New Orleans Bank INCLUDING THE PURCHASE
AND SALE OF
of Liverpool, Liverpool.
STOCKS AND BONDS FOB CASH OR ON MARGIN. BUY AND SELL COMMKKCIAL PAPER.
C. T. WATatEB
'^•JK?^^.'^ i STATE BANX.
f resident.
P. O. BOX M7.
Incorporated ISo. J
Cashier.

York,

New England & Western

INVESTMENT

CO.,

i

;

,

>

i

German Bank,
LITTLE ROCK, ARK.
CAPITAL

(Paid-in)

Sdbphtb
Prompt attention

$75,000.
2S,000.

(riven to all business In our line.
H. Y. IkiBBKSPOXDiKTs, Bonnell, Lawsou dk Co. and
tie Met'opoUtan National Banc

I

:

D. A. BOODT.

C.

W

McLellan,

Jr.

Be crew Leland.

Hickling

&

No. 40 ExcIiaiiKc Place,

Co.,
New

York.

Execute orders for stocks on small margin, and
purchase time options— $100, 100 shares, 1-16 commission. Send for Financial Stock Report.

AND 33 PINE ST.. NEW YORK.
CONGRESS STREET, BOSTON,
UNION BUXLDINU, CHICAGO.
CAPIXAIi STOCK,
$200,000
NOS.31
No. 19

...

Offers to investors carefully-selected securities
bearing from 6 to 8 per cent interest. Investment
aecuritioB bought anil sold on commii^siun. Settlements made for holders of defaulted pocuritles.
Will act as airentsin funding and reorKunizing debts
of municipalities, railrt-wd compaiiii's. and other

Corresp mdencc
Shout. President,

corporations.

John

C.

(

y„_ York

Asst. Vice-Prc''.. BostOO.
p. WATttOiT, Soo. wia Tre»3»,CUiC»80.

l^CCIX'S L.

WM.

solicited.

HfUHAiM).

:

!

THE CHRONICLE.

tv

&

NA8HVll,I,E RAILLOUI8VIfcI-E
ROAD COMPANY, NEW York Office. No. 52

clared tills day a semi-annual dividend of flvo (5)
per cent upon the stock of the company, payable on
and after the 2d of August next.
Dividends on stock registered in New York will be
paid at the office of the company, No. 52 Wall St.,

No.

10.

The Iransfer books will be closed from the 2lBt of
July to the 5th Augnst, both days Inclusive.

NEWCOMB,

H. VICTOR

President.
NEW York, Joly 7, 1880.
I.AKE 8ItOltE &. MICHI«;AN
A BOOTHEltN KAILWAV COMPA.NY. Treas-

ri'<HE

Grand Central Depot, New York, June
1880.— The dlr.'Ct<irs of this company have this
day declared a dividend of KOUK I'EU i K.NT upon
Its capital stock, payable on the second day of
August next at this office. The tranaler books will
be closed at 3 o'clock 1*. M. on Saturday, the third
day of Julv next, luid will be reopened on the mornof Aunuat next.
Ing
* of Friday, the sixth day
fi. D. WOKCESTER,
Treasurer.
urer's Ofllce,

2f,

'|>HE

MICHIGAN CENTRAL RAILROAD
Grand Central

Depot,

directors of

L COMPANY, Treasurer's Office,
New York. June it, 1880.— The
Company have

FOUR PER

this day declared a dividend of

CiSNT upon its capitil stock, payable
on the second day of August next at this office.
The transfer books will be closed at 3 o'clock P. M.
on Saturday, the tlilrd day of July next, and will be
reopened on the morning of Friday, the sixth dv
of Auaust next.

"

VANDERBILT.

C.

Treas urer.

0RE4JON RAILWAY
COMPANY,

20

NAVIGATION

&.

Nassao STREET, New York,

1880.— The Board of Dire tors have declared
(2) PER CENT, payaa quarterly dividend of
ble Auuust. 2. at the office of the Farmers' Loan &
Trust Co., 26 Exchane" Place. New York. The
transfer books ckise July 20. and ro-ooen August 5.
HORACE WHITE, Treasurer.

July

15,

TWO

SAINT LOUIS ALTOX & TERRE

&

Memphis

WAI.L Street. Rooms No». 9 and 10.— NOTICK.Ttae Ix>ulBTllle ft Nashville Railroad Company de-

Room

I

Financfal.

Financial.

this

:

Rock Barnum's Museum Co.

RAILROAD COMPANY

Capital Stock, $3,000,000.

FIRST inORTG4GE BO^D§,
1907.

INTEREST:
FOUR per cent for TWO YEARS.

EIGHT

per cent for

Mortgage, 12.600,000.
Length of Road, 135 miles.

THIS R0AI>

NOW OWVBD BY THE

IS

& Southern RR. Co.
The net earn lags are largely in excess of the accru Iron Blount.

ing Interest.

We offer a limited amount of

the above bonds

at 92 and accrued interest, at which iirice they
will net the purchaser 8 per cent interest for 27
years.

No. 14

L,E\\ & BOR«,
WALL STREET, NEW YORK.
New York Lake Erie &

Office of the

Western E. R. Co.
New York, June 25,

1880.

Company has made an arrangement with

Tills

DRBXEL. MOItGAN &

CO. to extend the
Fourth Mortgage Bonds issued by the New York &
Erie Railroad Company, maturing Oct. 1st next, the

Messrs.

principal payable in forty years xrom that date, and
the interest April Ist and October lat semi-mnually.
at 5 per cent per annum, both in United Slates gold
of the present standard, weight and fineness.
The right to extend, as above, has been reserved
to such of the present holders as may desire to
avail of it and sliall deposit their bonds for that
purpose with Messrs. Drexel, Morgan & Co., prior to
the 15th of September next.
Such bonds as msy not be extended by the holders,
or be presented for that purpose by Messrs Dreiel,
Morgan & Co.. will be paid at maturity.
H. J. JEWBTT, President.

HAUTE RR. CO., No. 50 WALL ST., NEW YORK,
23 Wall Street, New York, Ji-ne 25, ;880.
12, 1880.-TO the Holders of SECOND MORTReferring to the above notice of the New York
GAGE INCOME BONDS Of the ST. lOUIS ALTON l.Ake
Erie A Western Railroad Comp.my, we are
now ready to receive any of the New York & Erie
ft TERRE HAUTE RAILROAD COMPANY.
Mortgage Bonds for extension.
Coupons of the above-named bonds due May 1. Railroad Fourth
We arc also prepared to buy at lOOW and accrued
18T9, and November 1, 1879, will be paid at the Com-

July

pany's office, No. 50 Wall Street, on and after Wednesday, lUh Inst.
W. BAYARD CUTTING, President.

OFFICE OF THE DBADWOOD MINING
COMPANY,

July

WALL

No. 18

New York,

STREET,

10, 1880.

DIVIDEND

No.

of Twenty-Five Cents per
share has been declared for June, payable at the
office of the Transfer Agents, Wells, Fargo A Co..
65 Broadway, on the 20lh in^t. Transfer Books
close on the 15th Inst.
H. B. PARSONS, Assistant Secretary.

OFFICE OF TBE HOIflESTAKE
MINING COMPANY, NO.

18

WALL

PHILADELPHIA WILMINGTON &
BALTIMORE RR.
FIVE PEK CEiNT REGISTERED

THIKTV-VEAR

Ejcentpi from Taxation in

DIVIDEND

No.

PennsyWania,

CHAS.

and industries.
Only a limited amoimt of the unsold $1,750,.
000 of the stock which was offered to the pnblie
June 15 remains for subscription.
By direction of the Museum Company, the
time to the public for subscriptions at par has
been extended to August 1 proximo.
Subscriptions for $100 and upwards, in even
professions, trades

hundreds, will be received.
Prospectus and suljscription
nished on application to the

Financial Agent for the

LETTER FROM MR. BARNUM.

price paid for them.
address.

L. A.

BANKER

124 N. Third

H.

Roo.M No. 54, BuKiiEL Building,
)
No. 115 BroHdway, New York. July 15. 1880.
The Boar<i of Trustees have thU day declared a

MONTHLY DlVIDKNIXNo. fl)of ONE

:

You are

quite right in positively assuring all purchasers of stock in the new " BARNUM'S MUSEUM
COMPANY " that I am to be the permanent General
Manager, and that I shall devote my perfiontil attention to the enterprise, in the success of which no
person can feel so deep an interest as myself.
1 have already signed a conti'act to this effect, and
have secured by written agreement the asslstanee
of managers known to me for years, and In whose
ability 1 have the most implkit confidence. I know
exactly where to place my hands on the greatest
novelties in the world, and I really believe this great
enterprise will pay larger dividends than any firstclass stock offered to the nubile for years, and will
rapidly advance to a very nigh premium.
Very tru y yours.
P. T.

TEN MILLION DOLLARS (10,000,000) capital
tills Company, amountiiiir to ONE HUNDRED THOUSAND DOLLARS (*100.000). or Fifty

the

slock of

per Share, out of the Bi<th month's net
earnings, payable at the Mining Trust Company,
on the 24th Inst.
Transfer books will close Ju'y 20 and re-open
D. F. VERDENAL, Secretary.
July 26.

Cents

7 Per Cent Mortgages,
§]HITII

Give

Highest marke'

July

2,

N08. 31

AND

83

New York,

PINE Street,

1880.— A Scmi-Annual Dividend of

PER CENT

FIVE

has this day been declared on the capi-

tal stock of this

company, payable Id

casta

COailAKD.
AND

BROKER,

street, St. I.oul«, fHo.

L. Grant,

B0N1»^

See quotations of City Railroads in this paper.

&

7

Desirable Texas Securities lor Investment con-

NEW YORK.

Trask

Francis,

R. A. Lancaster & Co.,
BANKERS AND BROKERS.
66 BROAD WAV, NEW YORK,
DEALERS IN
Flrst-CIasK InveHtitieiit Securities.
GOVERNMENT BONDS, STATE. CITY, COUNTY,
RAILROAD & MISCKLLANEOUS SEUURITIKB
Bought and Sold on CoinmlasioQ.
Virginia 'l'ax.-R€C€ivtU)U Co-tnofis Bought,

ALSO,
CoR. Maiden Lajje & Ja.mbs St., ALBANY, N. Y.
Transact a General Banking Business.
STOCKS and BONDS Bought and Sold on Con:,
mission, and carried on Margins.
Deposits received and Interest Allowed-

SOOlHESy SECUh'iriKS A .fPEVlALir.
LOANS NEGOTIATED.
INTEREST Allowed

SHORT,

City,

on and

County and Toirnsblp Bonds
OF THE STATES OF

All, Classes of

N«.

Slock.

FOR

»«.ii.E:
Atchison Colorado A PaclUc RR. 1st Mort. Bonds
Central Branch Union Pacltic 7 I*er Cent Bonds.
Jersey City, N. J., 7 Per Cent Bonds, due 1803.

Win. B. UTLEY, 31 Pine

St.,

N. T.

C^ Co.
BANKERS.
18

WALI. STREET,
New YorU.

soutl. Bonds.

Omaha * Northwestern Kit. Bonds and
Detroit & Bay City Hallioud Bonds.

and

NEBRASKA

ALSO,

wTSTedI

Buchanan County, Ml

K UNSAS

President.

City of St. Joseph, Mo., 7 and 10 Per Cent Bonds.
City of Atchison, Kansas, 0>d Bonds.
County. City and Town Bonds of Western States.
Greenville & Columbia Itailroad Bonds.
South Carolina ItJiUroad Securities.
Indianapolis & 8t. Louis Railroad Bonds.
St. Joseph & Western Railroad Securities.
Flint & i'ere Marquette Itallroad Securities.
Port Huron & Ijike .Michigan KH. Certlllcatee.

o.v Dei'Osits.

WANTED
HISS0I7RI,

C.

Chew,

J.
WALL .STREET, NEW YORK.
TEXAS BAILW^AYS
BONDS, LANDS, Ac.
No.

stantly on hand.

after this date.

JOHN

HKNSXnAJt,

C.

full description, ai d

BANKERS AND BROKERS,
ENGLAND & WESTERN INVESTMENT COM- TO Broadway ic\S New St., Ne'w York.
PANY,

&

Indianapolis, Ind.

CITY RAILROAD STOCKS Hi
BOUGHT AND SOLD.

QFFICE OF THE NEW YORK, NEW

BARNUM.

FOR CHO.C£

CO.,

N». 146 BROADVtTAV,

PerCenton

9, 1880-

New York, New BiifllandA WenUm Investment Co.
Gentlemen Yours of the 8th Inst, received.

MISSOURI and ILLINOIS DE-

FAULTED COUNTY BONDS.

LITTI.E CHIEF miNING COMPANY,

Musuem Company.

WALDE.MEBE, BRIDGEPORT, Conn., July

BOSTON.
All kinds of

of Thirty Cents
per share has been declared for June, payable
at the office of the transfer agents. Wells, Fargo &
Co., 65 Broadway, on the 2(ith instant.
Transfer books close on the 20th instant.
H. B. PARSONS. Assistant Secretary.

be fur-

New York, New England ic 'Western
ISiYESTinENT COMPANY,
Nos. 31 AND 33 PINE STREET, NEW YORK,

\V.'i\TtD

19.

lists will

ADDRESS

SWEET &

A.

takes the personal manits rariouH

departments.
Applications for portions of the bulUling
(already received by the company) indicate
the earning of large dividends on the stock— the
subscribers to wbicli embraee people from all

FOR SALE BY

IS, 1880.

The Regular Monthly Dividend

BARNUM

agement of the Great Building and

RUNI>>'.

INTEREST PAYABLE JUNE AND DECEMBER
IN BOSTON OR PHILADELPHIA,

NEW

ST.,

which

DREXEL, MORGAN A CO.

7.

The monthly dividend

YORK, July

Interest any of the bonds the holders of
desire to sell rather than extend.

may

GREAT POPULAR INVESTMENT!
Mr. P. T.

TWBNTY-FIVB YEARS.

Amount of

St. L.

x.\ii

Financial.

Little

DUE IN

vti,.

Transact a General Banking Business, including
he purchase and sale of STOCKS and BONDS for
nab or on margin.
Boy and Sell InveBtment Secnrltles.

BOX 2,e47.
KiDDBB. Watland Trask. B. J. Morse
P. O.

A, H.

TOBEY

Railroad Bonos.
it.

KIRK,

No. 4 Broad Street,
/

New York.

OHRESPONDENT WANTED FOR A

LONDON FI.VANCIAL PAPER, to supply, twice a
month, a condensed, but ATTRACTIVELY WRIT.
TEN, Review

of American Trade and Finance.

Ap-

ply with specimen to

G. MILLS, " ilonty," 86 Change Alley, London.

mmtk
HUNTS MEKCHANTS' MAGAZINB,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
[Entcrca, according to act of Congregs, in the year 1880, by

VOL.

Wm.

Dana &

B.

SATURDAY, JULY

31.

CONTENTS.
55

Commercial Situation
Financial Standing of the ChiItaly

&

St.

Paul

50
57
58

.

and the Grist Tax

Our City Charter

News

58

CO

Securi-

8.

62

I

I

THE COMMERCIAL
Cotton
BreadstuAs

786.

the totals themselves inde-

therefore, to see that the circular

last six

states, " that

from

the risks of busi-

months, so far as credits are concerned,

have been reduced to a minimum." This statement is
very far from being accurate. On the contrary, those
"

TIMES.

711 Dry Goods
71 Imports, Exportsand Receipts
77

Commercial Epitome

We are surprised,

which we extract the figures
"ness in the

Quotations of 8tocl«and Bond.s
Local Securities
Investments, and State, City
and Corporation Finances...

New York

Railway Stocks, Forelgin
Exchange, New York City
Banks.etc

ties,

C.l

pendently are.

59

THE BANKERS GAZETTE.
Honey Market, U.

NO.

1880.

17,

favorable and assuring than

Failures First Half of 1880. ..
Latest Monetary and Commercial English News
Commercial and Miscellaneous

Mercantile FatUires and the

Ubrariaa of CongreBS, Washington, D.

during the same period, they become even more

prices

THE CHRONICLE.
cago Milwaukee

Co., In the office of tlie

78
70

months have witnessed one of the most trying ordeab the

The year came

country ever experienced.

in

with a specu-

|

which had extended to nearly every commodity, carrying up prices twenty-five, fifty and in some important
Under this stimulus,
cases more than a hundred per cent.
lation

Thb Commercial and Financul Chboniclb

is

issued every Satur-

day morning, with the latest news up to midnight of Friday.
Entered at the Post Office at New York, N. Y., as second-class
I
mail matter.]
IN

ADVANCE:

For One Year (including postage)
$10 20.
For Six Mouths
do
6 10.
Annual subscription in London (including postage)
£2 76.
Six mos.
do
do
do
1 Ss.
Subscriptions will be continued until ordered stopped by a written
order, or at the publication office. The Piibli.'thers lannot be responsible
for Remittances unless made by Drafts or Po.st-OfBce Money Orders.

Adverllsemenls.
Transient advertisements are published at 25 cents per line for each
Insertion, but when definite orders are given for live, or more, insertions,
a liberal disconnt is made. Special Notices in Banking and Financial
column 60 cents i>er line, each insertion.
WIU.IAM n. DA.NA, (
WILLIAM B.
& 00., PnbUshors,
JOHM O. FU)YU, JB. J
79 & 81 William Street,
YORK.
I'osT Officb Box 4592.

DANA

^y A

cover

NEW

fumislied at 50 cents ; postage on the same is
for subscribers at $1 20.
For a compleie set of the CoMMEKcrAi, and Financial Chronicle—July, 1865, to (liite—or Hunts Merchants' Magazine, 1839 to
1871. inquire at the office.
no,it file

Is

Volumes bound

^"

the

which

since

CIAL SITUATION.
week Messrs. Dun, Barlow &

This

six

months of the

utter

not take up time in

will

collapse

prices

in

and

merchandise

overtaken every

tone

mar-

l£et, the decline beginning soon after the first of January
and continuing until from a quarter to a half or
more of the values of all stocks of goods had been wiped
out.
These facts are history now, familiar to all of us.
We recall them simply because of their great interest in

connection with this report of failures;

for,

taken together,

they show that, although the "risks of business" have been

unusually great, a

new

tion has enabled

our people to go through this severe

strength in the commercial situa-

process, leaving scarcely a trace in the list of insolvencies.

inference, then,

so

to

be drawn with regard to the

from the record of the past

future,

many have been prophesying

lations, is

not to be realized.

six

months,

is

pecu-

The bankruptcy which

favorable and promising.

liarly

Co. have issued
usual quarterly exhibit of failures, covering the first

has

We

active.

describing

The

MERCANTILE FAILURES AND THE COMMERtheir

was

speculation

TERMS OF SUBSCRIPTiON-PAYABLE

iScents.

we all know, stocks of goods very largely accumulated
and changed hands many times at the advanced prices, for
as

as a result of our specu-

Probably much of the

loss

"We give the detailed statement incurred when prices declined, only wiped out the supposed

year.

on another page. It is certainly a very satisfactory record. gains when prices rose; while the other portion of loss,
According to it there have only been a little over a thou- mainly fell on consumers, who were able to meet it because
sand failures during the last quarter, with 20 millions of of the enhanced prices received for their productions.
liabilities,

hundred

and for the

failures with

summary

parative

six

months

less

about 33 million

for the

than twenty-five

Meantime, through an increasing consumption, an enlarged

A com-

and a restricted import, stocks are being rapidly
down, and trade is fast resuming an active,
healthy, remunerative and safe condition.
There is one other point in this circular to which we must
also take exception.
We are led to do so because the
failure figures of Messrs. Dun, Barlow & Co. are very^
justly held in high esteem, and there is, therefore, the
greater danger of harm being done from any misstate-

liabilities.

two quarters of each of the

last

five years is as follows.
First Quarter.

Second Quarter.

Total for Six

No. of Amount of
Xo. of Amcnml of -Vo. of
Failures Liabililies. Failures Liabilities. Failures

1876.
1877.
1878.
1879.
1880.

2,806
2,869
3,355
2,524
1,432

64,644,156
51.538,074
82,078,826
43,112,665
12,777,074

1,794
1,880
2,470
1,534
1,065

43,771,273
45,068,097
48,753,940
22,666,725
20,111,689

4,600
4,749
5,825
4,058
2,497

Itonllif:.

Amoitnt of
Liabilities.

108,415,429
99,606,171
130,832,766
65,779,390
32,888.763

These figures show very forcibly what a complete change
has taken place in the commercial situation. In fact, when
considered in connection with the course of trade and

export,

worked

ment

in their circular; besides, the

adopted by others as
is

the assertion

if it

made

were

same thought

fact.

that "close

What we

amount

of

money

being

observers view with

" considerable anxiety the possibility of
" in the

is

object to

a great decrease

to be realized in the

coming

THE (mRONJCLE.

5t>

A

" year from exportalions.
" would resvdt in a changed

good

liarvest

condition of

Europe than

in

so that

affairs,

[VoT,.

Take

partial.

the Northwest, stretching

out over four States.

XXXI.
its

arms

Disaster to crops could scarcely

" instead of exporting 175 millions of bushels of grain, the be so general as to affect more than a small fraction of
" amount might dwindle to 75 millions. An unsalable this vast territory, and any deficiency in one section

"
*«

surplus of 100 millions of bushels of wheat is a possibility
lessened foreign de"
not to be ignored. * * *

A

would most

likely be

made good by

increased gains in

others.

" mand would of course seriously inter/ere with the earnThese are points which it is well to keep in mind in
ing power of all means of transportation, and generally any attempt to forecast the future of our railroads.
" put out of gear the machinery of business in its present have frequently alluded to them before, and it is not our
" expansive shape."
We are very greatly surprised at purpose to discuss them again to-day. Our object is, as
"We cannot believe there is any one at stated, rather to bring together the facts which indicate
these assertions.

"

We

famiUar with the breadstufEs trade who could for a the financial standing of the St. Paul road. And at the
moment imagine it possible that there can be " an unsalable outset we will admit that the conclusions to which we
*' surplus of ] 00 millions bushels of wheat " this year.
It have been led in this case are somewhat of a surprise
to
US, as an impression has prevailed that such an examis, of course, expected that there will be a decrease in the

all

by the farmer for his wheat crop, but that
any anxiety, for he has received an exorbitant price this season and can well aSord to take much
"We can put down our wheat at Liverpool cheaper
less.
than any country in the world can afford to sell theirs,
and still make money in wheat raising. As our production enlarges, therefore, we shall market it the same;
•for we shall crowd out other producers.
"We sold the surplus of the crop of 1878-79 (U7 million
'bushels) at an average of $1 08^, according to the Produce
Exchange report; the surplus crop of 1879-80 may have
averaged $1 38, and we may perhaps have to take an

amount

realized

fact has not caused

•average of $1 for the coming one, unless the late unfavor-

would

ination

belief is to

disclose weakness.
The origin of this
be found in the course of events which have

marked the history
year or two.

of this corporation during the last

mileage has undergone marvelous
expansion in that period. At the beginning of 1878 it
had but 1,412 miles; it now operates about 3,450 miles.
large part of the new mileage lies in territory but
Its

A

In the same time the expansion in its
bonded indebtedness has been no less marked. In 1879
there was an increase of over 9 millions, while from a
table below it appears that since the Ist of January there
thinly peopled.

has been a further increase of 21 millions. It will thus
be seen that there seemed to be some ground for belief

But no one in a weak condition of the company's affairs.
market it
In treating of the company's present status, the first
There factor to be determined was the amount of additional inwill be sold and the railroads will have to carry it.
debtedness incurred or assumed during the last six months.
is, therefore, not the least danger that " a lessened foreign
"
We have endeavored to do this in the table below, and we
interfere
with
the
earning
power
demand" will seriously
*' of all means of transportation, and generally put out of
think the figures will be found a close approximation to
" gear the machinery of business in its present expansive the truth. The Southern Minnesota Division bonds and
" shape." It was three months ago that "Wall street circu- the Hastings & Dakota Division bonds were admitted to
the Stock Exchange list a short time ago, and the inforlated and then buried that suggestion.
mation given below about these is taken from the report
STANDING OF THE CHICAGO then made to the Exchange; the amount of the Chicago
Clinton Dubuque & Minnesota and the Wisconsin ValMILWAUKEE dt ST. PAUL.
Among the speculative rumors :-float in Wall street, ley bonds we have calculated according to the terms
"there have been so many unfavorable ones respecting agreed upon between these companies and the St. Paul;
the Milwaukee & St. Paul Railroad, that we have been the data for the Chicago & Pacific Division bonds is
led to look into its late purchases to see what is really from the advertisement offering those bonds for sale.
the extent of its obligations and resources. Of course, Below, then, we give a statement of the entire outstanding
while any uncertainties remain with regard to crops, indebtedness and interest charge of the Chicago Milwauinterested parties will exaggerate them to suit their kee & St. Paul Railroad.

able reports from Russia,
lias

any

&c.,

prove correct.

fear that the surplus will not find a

;

^mANCIAL

,

own

interests

large

;

traffic in

ander such

and the stocks of roads which have a
grain transportation will be most directly

Those uncertainties we do not
at present seek to remove, but it is our aim to deprive
them, so far as possible, of any help which follows from
vague ideas of financial strength or weakness.
One preliminary remark, however, it is well to make,

and that

is,

position,

we

influences.

as

we

stated last week, that there

think, to attach too

is

a dis-

much importance to
The gen-

elight changes in the condition of the crops.

eral business of the country

and

this is a

is

constantly on the increase,

steady source^of gain to the roads.

not the only

traflic

that the railroad gets.

The

farmer has wants which must be supplied, and the reeult is that an addition is made to the west-bound business of the road.

Chiciso Milw.iukee & St. Paul l.st mtge.
boutl.s, SoHtlieru Minnesota Division. IntereslJuu. audJuly, Gper Cent per iumuui... $7,000,000
(Tlicre ia also a provision in tlie mortgage
for a f urtlier issue of $2,000,000 for Imildins an extension from Maulcatoto Minneap-

Annual
Interest

Charge.

$120,000

olis.)

Cliicago

Milwaukee

&

St.

Paul 1st mtgc.

bonus. Hastings & Dakota Division. Interand July, 7 per cent per annum..
(Additional bonds for extensions may be
issued from time to time, at tlie rate of
$15,000 per mile.)
Chicago Milwaukee & St. Paul 6 per cent
bonds, secured by mortgage on Chic. Clin.
Dub. & Minn., issued in exchange for the
stock of the latter road at 80 per cent of its
par value
Prior bonds of Chic. Clin. Dub. & Minn.,
which the St. Paul as owner assumes. Interest 7 per cent
Chicago Milwaukee & St. Paul 6 per cent
bonds, issued in exchange for Wisconsin
Valley stock at the rate of 85 per cent of
par value forthe preferred
and 70 per cent
-..
fort"
the common. The bonds
are secured by
a mortgage upon the Wi.scousLu Valley
Prior bonds of Wisconsin Valley, 1st mtgo.
7 per cent
Chicago Milwaukee & St. Paul 6 per cent
bonds, 1st mtge. ou Chic. & Pacific Diest Jan.

.,

Then

in the West and Northwest new territory is all the time
being opened to settlement, while territory only partly
developed shows new progress each succeeding year.
When a farm is opened in the West the product of the
eoil is

Amovnl
Outstaniling,

2,.560,000

179,200

4,921,152

295,269

953,000

60,710

1,628,866

97,731

1,103,965

77,277

3,000,000

180,000

$21,166,983
41,349,500

$1,316,187
2,859,450

$02,516,483

$4,175,037

.

vision.

Interest January

and July

An

injury to the crop, of course, en- Total of new liabilities assumed
curred
tails a loss, but in the case of the more prominent grainBondeddebt January 1, 1880

oarrying roads such an injury can hardly ever be more Grand total

,

or In-

—
JCLT

:

THE CHRONKXfci.

17. 1880.J

This statement shows, as remarked above, that the total
increase in funded indebtedness since the 1st of January
has been 121,166,983, on which the full annual interest
charge is $1,316,187. The interest on the debt out-

57
ISKO.

fiTom earnings first six months of 1880
Last six months of IH79 about
$6,000,000,
Kaniings of new Iluofl acquired
South. Minnesota last 6 nios. '79, about
SS.l.OOO,
Chl<^ Cllu. Dub. i Minn, last « mos. '79
255,S»li!,
mos. 1879
WIscouHln Valley hist
138.405,
Hloux City & Dakota and Chic. & Pao.
(t)
.

standing January

By

1,

up $2,859,450 additional.
annual report of the company,

^,450,000
allow.

0,.')00,000

allow.
allow.
allow.
allow.

400,000
'S'ib.UOO
17.'..000

300,000

1880, foots

referring to the last

be found that this latter sum is almost 8600,000
above the amount of interest actually paid in 1879. The
explanation is, that new bonds were from time to
time issued during the year, and that on these a full year'rf

Total for year
Operating expenses, taxes,

Sus.,

$13,150,000
7,230,000

at 55 per vent

it will

charge did not enter into 1879'8 account; either only a
half year's interest was paid, or no interest at all. Altogether the funded debt

is

now

14,175,637 interest annuallj'.
•will

$62,510,483, calling for

All this interest, however,

not have to be met this year.

year, only a portion

of

it

As

in the previous

will enter into the

year's

Ket earnings
Intei-est to

$5,920,000
3,520,000

bo paid

Leaving a balance of
7 per cent ou

common and

The above

we

is,

$2,400,000
iirefcn'cd stock calls for

If the crops should turn out as well

tive statement.

the showing will be

last year,

may

Exception

1,937,862.

think, certainly a very conserva-

much more

possibly be taken

a»

favorable..

to the increase

of

$500,000 on last year's earnings. Well, omit it enAt 55 per cent for expenses these $500,000 contirely.

We

have accordingly prepared the following tributed $225,000 to the net earnings given above.
table, showing the deductions that should be made from Deduct this amount, and we still have a surplus of ever
the total charge above.
$200,000 above the interest charge and 7 per cent on
return.

Intet-pst oliarge on bonds now outstanding
for Interoat that will not liiivo to ho paid in 1890
One-lialf year's Interest ou Southern Minnesota

$4,175,637

Total annual

Deduct

Clin.

Dub.

& Minn

No

preferred stock.

account has

&

operated
effect

33,355

and earnings on the Chic. Clin.
Mion. and the Wisconsin Valley roads have
been included, on the supposition that the arrangement*
with those roads were perfected on July 1.
We have attempted in the foregoing to estimate all the
Dub.

38,639

90,000— 638,094

Total interest to be paid out of earnings for 1880

but at any rate, this could have no material
It should also be stated that the
result.

;

upon the

full half year's interest

48,865

vision bonds

common and

Dakota,
been taken of the rental of the Sioux City
because we do not know upon what terms that road is

IHvlsion bonds
$210,000
One-liaK year's Interest ou Hastings & Dakota
Division bonds
89,600
•One-half year's interest ou bonds for Chicago
147.635
Clin. Dub. & Minn, stock
One-half year's interest on prior bonds of Chic.

•One-half year's interest on bonds for Wisconsin
Valluy stock
Ono-luuf year's Interest ou prior bonds of Wisconsin Valley
One-half year's interest on Chicago & Paciflc Di-

both

:

$3,517,543

&

If we have
would seem that up to this time the company
meet its obligations, and, if the earnings are not

unfavorable chances as against the road.
*

Perhaps the

full year's Interest

should bo deducted in these cases, as

ery probably the first interest payment on the bonus will not have to lio done
made

till January 1, 1881, but as a half year's earnings are likely to bo
embraced in tlie St. Paul's statements at the end of the year, it will bo

much fairer

to allow for

a half year's interest.

definitely calculated until the
possible,

after taking
for the

however, to

all

first six

fix

able to

otherwise used, to give besides a dividend to both classes

The next point to be considered is the probable
amount of the earnings. Of course these can not be
Beem

is

so, it

end of the year. It would
upon a reasonable figure,

of stock.

ITALY AND THE ORIST TAX.
According to

late dispatches

the

first

article of

the

The earnings Grist-Tax bill abolishing one-fourth of the tax from the
known. The earn- 1st of September, 1880, and the second article, which

things into consideration.

months of 1880 are

provides for the total abolition ^of the tax on January 1,
During the last six months of 1879 the total was in round 1884, were carried by a large majority in the Chamber
numbers $6,000,000. The company did not then of Deputies of the Italian Parliament.
operate the Chicago & Pacific, the Sioux City &
Of late years this tax has been of steadily-increasingDakota, the Southern Minnesota, the Chicago Clinton value to the Government, yielding latterly as nearly as
Dubuque & Minnesota, or the Wisconsin Valley, all of may be 100,000,000 lire. It has at the same time been
which, we believe, except the last two, are now embraced felt by the people to be an intolerable burden. Than the
in the weekly returns.
In the table below we give people of Italy we mean the people as distinguished
these new lines separately.
Deducling them all there from the better or upper classes there are not perhaps
is still left a mileage about 200 miles above that for the in the entire community of civilized nations any so
saine time last year, the result of new extensions, etc. poorly fed.
For large masses of them the principal

ings for the next six months remain a matter of doubt.

—

It

is

therefore,

fair,

to suppose that

eve?i

with poorer

crops this year (and all our figures of earnings are on

that basis) the receipts will

be no

less

than

last year.

article of diet is

—

the polenta, a wretched porridge

from the meal of the maize.
grist tax has the

effect

What

is

known

made
as

the

of raising the price of the or-

But no allow- dinary food of the peasantry and forcing them to use the
improvement that has cheapest article obtainable. Consequently, it is claimed
taken place in the general condition of the country. We that the lower classes have come to be aiHicted with a
travel more than formerly, and passenger trafiic shows a very loathsome disease
a disease which in its outward
corresponding increase; we buy and sell more, with the manifestations bears a close resemblance to leprosy, and
eflfect of enlarging the volume of general freight; then
which, according to all accounts, is greatly on the inimmigration is very heavy this year, and supplies and crease. In some districts the hospitals and asylums are
Every week's report shows them
ance

is

hero

made

larger.

for the great

—

materials for the construction of

new

item which should not be forgotten.

we make
new

reasons,

a slight increase on the 6 millions of last year

namely, $500,000, or a
the

roads are also an

For these

lines

—

little

over 8 per cent.

we have given each

As

not sufficient for the numbers who are rendered physically helpless or mentally insane by this horrid pellagra,
as the disease is called.

to

a very moderate

increase
the total increase is so email, though, it is
hardly worth mentioning. Operating expenses we have
taken at the same ratio as last year, about 55 per cent.
Following is the result of our inve.stigations.

And

as

we have

said, this dis-

ease is claimed to be the immediate and unmistakable result of poverty, and of the almost exclusive dependence
of the people for food on the miserable polenta.
tar
It is unnecessary to say that the evils of the grist

have frequently been denounced in the Italian Parliament. It is only of late, however, that the abolition of

iHK

58

(;hronic;le.

LVox. JCXXL

—

the obnoxious impost acquired such importance as to report to nobody. The earth was upheld by the elephant;
The the elephant stood on the tortoise; there the line ended, and
obtain a place on the Ministerial programme.
or if the tortoise had stood on something the animal kingdom
Left
the
represents
which
administration,
Cairoli
Radical party, came into power pledged to two great must have given out at last, leaving the lowermost burdenthe extension of the bearer nothing. Or j^erhaps we may get an exacter likeness
elective franchise; the other was the abolition of the by reversing the story of the broad road that narrowed
track and went up a tree, for thit
grist tax. So far Signor Cairoli has kept his word. What gradually into a squirrel

The one was

popular measures.

he has done, though, is certainly not much; it will result path widens until it disappears outright on the prairie.
" report;" nobody is to do
in nothing unless passed by the Senate; and of this Nothing is provided except to
anything.
What if the fire-patrol had the honor to report,
there is great doubt.

—

The wonder is that the abolition of so obnoxious a tax etc., to headquarters that there is a fire. the military
should be so stubbornly opposed. Wonderful as it is, how- pickets, that the enemy are close at hand, the coast-guard
On the part of the that there is a wreck in the breakers, but that no action
ever, the explanation is evident.

—

were provided for or jtermitted? The Mayor is directed
ihe
by
the charter " to keep himself informed of the doings of
and
desire to present the kingdom before Europe
In the name of common
is
"the
several departments."
this,
it
do
In
order
to
world in an attitude of power.
sense,
for?
If
he
is
to
have any room for doing
high
what
navy
in
a
the
maintain
the
army
and
necessary to
Money is, therefore, a fiist-class anything this injunction is intelligible; if he is to be
state of efficiency.
necessity.
To abolish the grist tax at once would be to wrapped into an office-holding mummy with red tape, it
lessen the revenue by one hundred million lire per is only a refinement of torture to say that a man shall keep
annum. In seeking the cause of the sufiferings of the watch of misdoings which he may not arrest. The charter
or seems in terms to say that he may remove heads
Italian people, we are thus brought face to face with the says
The of departments; and this, we repeat with all emphasis, is
the evil of huge standing armies.
evil of the day
Italian peasant suffers from scarcity and meanness of the only bit of official accountability contained m that
The grist tax is a neces- document. The courts have now taken this little away,
diet, because of the grist ta x.
sity because of the heavy demands of the army and and the efiEect is as sweeping and as nugatory as would be
navy. The demands of the army and navy are heavy, the excision of the word "not" from the Ten Command-

dominant

classes in

Italy there

an almost consuming

is

because

it is

—

—

—

necessary for a

Power

of the

first class to

be

ments.

—

This done, the Mayor becomes fully what previous
on a footing of equality with its neighbors. It is thus
that all over Europe the weight of huge standing armies incumbents of the office have declared him practically to
Italy presents be
the holder of a mere clerkship.
He signs his name
is crushing out the lives of the peoples.
an extreme and strikiug example; but she is not the only mechanically on pay warrants; he looks after dog licenses
and such matters, and has the appointment of dog-catchers;
sufferer.
he unites casual couples in wedlock; he is badgered by
" workingmen " who want support at the public cost, by
OUR CITY CHARTER.
gieenbackers, by evangelists, reformers, lunatics, and all
Some months since we had occasion to discuss very the throng of the troublesome. But he can do nothing
between which a young man of 25 years could not as well do for
briefly the then interposition of the courts
Police
Commissioners,
this
city
and
the
Mayor
of
the
$100 a month. Yet he is the executive officer of a city of
whom he had attempted to remove; the late decision of a million and a quarter population, the metropolis of the
the General Term of the Supreme Court, in review of the New World.
action then had, adverse to the Mayor, and sustaining
To this absurdity have we come by transferring on the

—

—

that action, brings the

subject

Whether

very forcibly.

again before the public

the ofBcials

in this contest ought to have been

minor, because

temporary,

who have triumphed would

removed

is

What
The

is

its

to be

in

its

political

Sodom

own weight

if

that

it

not held up

—

by the virtue of the State the control of its affairs to Alwe do bany. Obviously, we need and must have a new or
amended charter, by which what is now taken away may
Mayor may be restored and expanded but most we need the right of

an important particular, obviously

language and presumably in

done about

such a

sink to destruction by

a question of

The present city charter provides that the
remove heads of departments " for cause, and after opportunity to be heard, subject, however, to the approval of the
Governor, expressed in writing." The courts of the State
have now decided that the Mayor's determination is subject
It would certainly
to judicial review as a judicial act.
seem that when the State had required the concurrence of
the State executive in one of the most natural and oidinary
administrative acts of the city executive, it had not only
gone far enough in the direction of interference, but had
provided safeguard enougK against any injustice to the
individual officials concerned.
However, we must take the
case as we find it; and the case is, that the charter is pracrespect to

is

consequence, which

not care to consider.

tically nullified

assumption that this city

in

;

self-government, contended for and won.

Including the

neighboring counties of Queens and Richmond, Brooklyn
has three members and
thirty-two; in

New York

six,

in a Senate of

the Assembly, of a total one hundred and

twenty-seven, Brooklyn has nine and

New York

twenty-

That a body of men, some of whom have probably
never seen New York, who neither know its needs nor care
about them, actually undertake to manage its local affairs,
Judge the atis surely the boldest of political solecisms.
tempt by its results. Have we thriven here under it? If
not, how escape the conclusion that we should not have
managed worse for ourselves and might have managed
one.

better?

its intention.

it ?

practical importance of this decision

is

that

what

FAILURES FIRST HALF OF

1880.

The following table shows the number of failures in the
by which any responsibility at all could be enforced. By United States and Canada for the past three months, and
it bureaus report to departments
departments report to for the past half-year, as compared with the same period
the Mayor the Mayor reports to the Aldermen only the in 1879, together with the amount of liabilities, as prepared
receipts and disbursements of his office; the Aldermen by Messrs. Dun^ Barlow & Co.
is

thus taken from the charter

is

the only thing

;

;

it

possessed

..
.

July

:

.

THE (JHKONICLE.

17, 1880.]

Necond quarter in Total /or first six Total for first six
mwUheof 1880. months of IH7(>.
1880.
states atul Ten-i-

AmowU

f/o.

tories.

tail

No.

Amount

Fait-

"X

No.

Amount

f'ail

"/

ures. Liabilitifs.

ures. I/iabtlities.

tires.

Liabilities,

10
4

280,994
14,700
131,237
720.700

46
156

1,074,70(1

122

89

222,000
639,731

29
83

4

19,00(1

14

121,900
63.939
80,300
436,800
222.000
381,373
148,000
347,139

$

Florida

6

102,500
8,000
54,500
308,000
739,000
48,500
415,787
15,000
57.400
20,163
77,300

(ieorgia

20

89,60t]

47

1

18
53

22,000
213,820
59,000
262,400
21,220
80,599
211,300
274,200
133,000
200,963
343,943

59
20
43
6
38
68
33
34
32

..

24

1,298,800

339,067
341.135

City of St. LoitlB

So
17
12
20
17

7

AlBbaiua
Arizona
Arkanxas

1

4

34
23

Callf'oinla

a ty of 8 an. Fran,

Coloi'ttdo
("/omiccticiit

34

Dakota
Deiawaro

3

9
3

Columbia.

Hist, of

Idaho

20
10

Illinois

City of Chicago.

Indiana

21

Iowa

22

Kan8a8
Kentucky

.

21
2s

..

12

'.

LoiitKlana

*.

Maine
Maryland

1

Ma«Bachneott8
City of Boston
Micbivan
MiniioHota

—

-.

Misi^issippl

MiHHoun

92,2.50

106,926
194,598

Montana

i;

12
61
1

9
8
I

Nevada
Now Hampshire

24
12
5

..

New Jersey
New Mexico
New York

1«
2
91

89
15
35
10

Citv of N. York..
North Carolina

Ohio
CityofCinolnn'tl

Oregon
Pennsvlvanla

11

72

City of Philadcl'a
Island

36
14
10
29

Rhode

South Carolina
Tcnno88C«
Texas

30
4

Utah
Vermont

8

Virginia

18

Washington Tor.
West Virginia

4
5
17

.

Wisconsiu

Wyoming

8

15

49
119
3ii

355.163
0.55,317

171

55
83
44
28
44
39

1,473,900
1,001,596

107

45
20

,286,972
,755,304

253
207

49,030
259,059
162,256
80,886
696,300

34
82

438,774
53,078
530,450
614,158
31,500
44,200
75,000
16,100
30,000
96,400

5

IS

121

42,400
182,000
35,900
209.168
11,000

,274,283

1

76
104
39
83
67
50
55

161,02('

103,061

623,000
503,978
248,70(1

1

NebraBka

1(1

15

42
3

20
39
158
65
30
28
54
70

466,229
342,550
276,333
014.898
8,000

92
58
47
33

.89,200

37
26
47
72
6
509
308
64
176
50
23
317
112
58
60
115

416.900
88,084
332,868
14.000
2,641,443
8,787,427
226,530

G39.W2
202.981
370.299
1.447.570
2,699,583
694,488
216,425

821,589
814,869
42,500
150,025
184,980
50,739
42,700
314,000
2,000

6

19
38
8

7
40
1

00

97
6

36
48
6

15

93
10

150,909
4.000
406,782
1,801.000
3,919.000
200,161
2,093,082
17,500
167.337
125,126
107,677
289,800
919,014
1,310,900
1,138,391

874,000
163.646
887.312
4,349.434
384.00(1
233.0(10

3,183,900
2,594.900
1,204,131

863 328
605,087
1.57.409

1,846,0U0

Paris
Paris

Antwerp
Amsterdam
Amsterdam

Rate.

Short.

23-271.2

3mo8.

25-45
25-50

Short.
3 mos.

Berlin

Hamburg

...

Praflkfort

. .

Latest
Date.

July

765,247
2.516,824
769.438
174,721
6,429,634
1,061.416
2,911,350
681.240
1,079,165
710,972
265,354
213,000
502.050
119,168
84,500
901.613
22,900

Short.

•25-29 ia

12-2

Short.

25 -si's

12-4
20-64
20-64

July
July

Short.

3 mos.

20-50
20-50
20-50
117-30

Madrid

3 ntos.

251832

Cadiz
Lisbon

2

12-12

Inly

ll-92»a
25I4
4758

St.Pctersb'rg

Rate.

July
July

25 oO

Vienna

Time.

July
July

Bombay

.

.

....

60 days

Calcutta ....

Hong Kong.

Is.
Is.

8i4d.

8^d.

Shanghai

tF^m

our

own

but, if the trade of the country should
j
remain inactive, ii) consequence of the absence of injudicious
speculation, such as characterized it last autumn, we can at all
events hope that it is conducted on a sound basL-*; and if this
should be the case, a beneficial result has been attained. Most
of the trade reports mention that in the majority of articles, a
fair businesis for coasumption is doing, and it is satisfactory to
notice that commercial failures are few. The following are the
present quotations for money
:

Per cent.

Bank rate,
Open-market
i-niarl
ratci
30 and 60 dayi
days' bills
Smonths' bills

Juno 25 3 uice.

2Ja

l^al^g
l^ai'g

Hj
Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of Consols, the average quotation for English wheat and the Bankers'
Clearing House return, compared with the three preceding years:
Circulation. excluding

Bank post

539i«

1880.

1879.

£

£

1878.

correspondent.

84>4
18. ^7i6d.

l8. 87ied.
38. lOUd.
5s. 3%d.
I

London, Saturday, July 3, 1880.
The principal feature in the money market during the week
has been that money was in demand for the temporary pnrpo.se
of increasing the half-yearly balances. According
to the Bank
return, the total of loans and discounts is
augmented to the
extent of £4,833,033, of which £2,186,886 re-appears under
the
head of current accounts and £1,644,383 under that of public

£

C!oin

and bnlliou

.

iu

both departments.. 29,318,390 35,286,269 22,603,217 26,948,340
Proportion of assets
44-39
to liabilities
Bank rate
2 p. 0.
2>a p. c.
3»fl
2>a p. c.
CJonsols
9Si8X
9858
9518X:
9458
Eng. wheat, av. price
44 s. 8d.
42s. 6<1.
46a. Id.
628. 6d.
Cleariug-Houseret'u. 131,426,000 115.-564,000 131,379,000 125,782,000

Mr. Richard Seyd has contributed to the newspapers some
the failures in the United Kingdom during
the past half-year. The figures are very satisfactory, as they
show a large falling of in mercantile embarrassments :
The failures in the wholesale trades in the aggregate during
that period have been as follows
In London, 175 ; in Liverpool, 22 ; in Manchester, 47 ; in Lancashire, 30 ; in Yorkshire,
statistics relating to

:

—

Birmingham and Midland iron district, 63 in Newcastle, Middlesborough, Hull and district, 31 ; in Bristol, Car<iiff,
Newport, and Swansea, 28 in provinces, 169 in Scotland, 57
96

;

in

;

;

;

—

;

in Ireland, 14;
total, 732.
In the various branches of commerce among commission, yarn, etc., agents there have been 77
failures
boot and shoemakers, 71 coal merchants, 35 ; engineers, founders, metal and hardware merchants, 94
manufacturers and merchants of woolens, worsteds, and kindrid fabrics,
merchants, 62
81
shipbrokers and owners, 25
timber
merchants, 27 warehousemen and importers of foreign goods,
26 wine merchants, 30 and others on a smaller scale. Among
retail tradesmen the failures for the first halt of 1880 have been
most numerous in the following branches
Bakers, 149
;

;

;

;

;

;

;

:

Short.
4 mos

1877.

£

27,397,380 29,536,865 28,521,525 28,774.340
Public deposits
10.577,383
7,279,300
7,539.039
5,727,681
Othordeposlls
27,512,544 29,957,815 21,546.145 21,894,691
Govcrnm'tspcui-ities. 15.804,232 14,480,146 15,970,144 14,989,321
Other securities
23,144,669 20,024,691 22,004,833 20.429,201
Res'veof notes* coin 17,012,010 20,749,104
9,081,692 13,174,000
bills ...

;

July
July
July
July
July

Opon-mnrket rates—
Percent.
4 months' bank bills
1 ''(,^2
2i8-a>2<4
6 months' bank bills
i&O months' trade bills. 2>2 aS

OiBcount houses at call
Do
with 7 or 14 days' notice

;

49

52i2®32Sli
Genoa
3mos. 27-95 S27-80
Copenhagen.
18-42 318-45
Alexandria.

New York

perity to the farmers

114

ON LONDON.

Time.

be the extent of the

5.670.S01
8,739,677

RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHANGE AT LONDON—
EXCHANGE
On-

will

The rates of interest allowed by the joint-stock banks and
discount houses for deposits are as under
Per cent.
Joint-stock banks
ii^

Total
1,065 20,111,689 2,497 32,888,763 1,0,58 65,779,300
of Canada...
1^0
844,571
649 5,660,848 1,067 17,425,9.")3

2.

What

remain so for a few weeks.

autumnal demand for money is altogether uncertain ; bat the
more general opinion is that, although there will be some
improvement in it, it will not ansume. any very considerable
proportions. The weather remains favorable for the growing
crops, though the country is now beginning to hope that we
shall soon enter upon a period of hot, maturing weather, the
rains which have been falling during the last month having
been, it is thought, ample for all purposes. The mercantile
classes are looking forward to brilliant results from an abundant yield of agricultural produce, and from a return of pros-

152.800
360,700
313.450
631,402
15,639

Pom,

Jui-Y

Ity,

59

—

;

builders, architects, &c., 303 ; butchers, 165; cabinet-makers,
&c.,71 ; carpenters and joiners, 99 ; carriage-builders, 25 ; <»ttle
and horse dealers, 49 ; chemists and druggists, 47 ; clerks, 67 ;
coal-dealer.», 72 ; confectioners, 47 ; cow-keepers and dairymen,
45; drapers and hosiers, 256 ; farmers, 677; general (lealers
and dealers in curiosities, 107 ; grocers, 542 ; ironmongers, 114 ;
plumbers, &c., 119; provision dealers, 140; publicans, 485;
shoe and bootmakers and dealers, 194 ; tailors, 171. The number of failures during the past six months in all branches is considerably leas than the half of the number for the whole of 1879.
Unless, therefore, the second half of the year prove more fatal
to traders there seems to be evidence of more stability among
this cla.ss of the community.

Gold has been in moderate demand for India daring the week,
and a small amount of sovereigns has been sent to the River
Platte. Silver has changed hands at rather lower prices, but
The total
Eastern exchanges,
reserve, however, has been diminished
by £1,020,473, and the Mexican dollars, owing to an advance in the
are rather dearer. India Council bills were sold on Wednesday
proportion of reserve to liabilities has fallen
from 52-25 to 44-39
at Is. 8Md. the rupee. The following prices of bullion are
per cent. This, however, is only a temporary change,
and will
from Messrs. Pixley & Abell's circular:
be rectified in a few weeks at the utmost.

The half-yearly requirements have necessitated an
increase of £940,891 in the note circulation, but
there has been
no material alteration in the supply of
bullion.
deposits.

The dividends on the public funds will be distributed in
the
course of a few days, and the supply
of money

available for

mvestment
ket

is

will

certain to

GOLD.

Bar gold, lino. ,
Bar gold, containing 20 dwts.
Spanish doubloons

become very considerable. The discount mar- South American doubhMms
United States gold coin
rule extremely easy, and it will, in all
probabU- German gold coin

silver,

per oz. standard.
per oz. standard.
per 01.
per ok.
per oz.
per oz.

B.

d.

8.

a.

77 9 »
77 10'aa ....
74 « ® 75
73 9 ®
76 Sij® ....
76 3>4® ....

THE CHRONICLE.

60

—
—
•
—
—

<1.
StLTER.
per oz. stnnclard. 52ili«®
jwr oz. staudanl. Q3iio ®
Bar silver, contaluiiig 5 grs. gold
peroz. Sti's ®
Cakcsllver
®
per oz., last price. 52
Mexican (liiUars
®
pcroz
ClilUau doUai-s
Quicksilver. «U 12s. Gd.
Discount, 3 per cent.

<1-

Barsilrpr, fine

'.

following are the current rates of dii<coant at the prin-

The

eipol foreign centres:

.

Paris

Amsterdam
Brussels
Berlin

Open

Bank

Open

rate,

market,

rate.

market.

Pr. ct.

Pr. ct.

Frankfort

Pofursbure

...

ct.

now in full ear, and is undergoing the process of
The barley crop promises to be very abundant and

good quality.
During the week ended June 26 the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to 23,204 quarters, against 36,280 quarters lastyear;
and it is estimated that in the whole kingdom they were nearly
of

93,000 quarters, against 145,120 quarters in 1879.

Since harvest
the sales in the 150 principal markets have been 1,285,732 quarters, against 2,315,464 quarters; and it is computed that in the

4

4

3^2®!
4

'as

whole kingdom they have been 5,143,000 quarters,

4

tiiih

9,064,160 quarters in the corresponding period of last season.

4

Barcelona
®3>i
2'8S3
Lisbon & Oporto.
3
Copenhagen
3'4
New York

4

6

434®5>4

5

2H

Genoa
Geneva

3

21'b»2?i

3

2°e^2^ Madrid,

4

Vienna

Pr.

is

blooming.

4

4
4

Hamburg
Bt.

Bank
Pr. ct.
21a

wheat

[Vol. XXXI.

Ciullz Sc

3

ti

4

Calcutta

4i3®5

Without reckoning the supplies furnished ex-granary at the

commencement

of the season,

it is

The joint-stock banks are now announcing their dividends,
ing quantities of wheat and
and the proposed distributions show some increase over those of
British markets since harvest.
last year. The London & Westminster dividend will be 8 per
1879-80.
cent for the half-year against 7 per cent; the London Joint Imports of wlieat.cwt.48,543,406
Stock, the usual dividend at the rate of 15 per cent; the City at

the rate of 10 per cent, against 10 per cent; the Imperial, 6 per
<5ent, against G per cent in the corresponding half of 1879, and
the Union Bank of London at the rate of 15 per cent per aannm, against 12^ per cent.
The Government having been unable to come to an understanding with France, the question of the new duties on wine has
been abandoned for the present. Mr. Gladstone stated in Parliament, on Thursday evening, that on Monday he should propose
to re-commit the Cu.stoms and Inland Revenue bill pro forma,
and in the re-printed bill he should not include the clause relating to the wine duties.
It is very probable that when the
budget is introduced next year the question will have been fully
discussed with the French Government and with the trade generally, and that an arrangement satisfactory to most parties
will be arrived at.
The revenue returns are more satisfactory, but for the quarter there is a decrease in the receipts from customs duties of
£146,000, compared with last year. As regards other sources of
revenue, however, there is an improvement, and the net increase
for the past quarter, compared with 1879, is £097,008. The
following is an abstract of the gross produce of the revenue of
the United Kingdom in the undermentioned periods ended June
30, 1880, compared with the corresponding periods of the preceding year:
-Quarters endod.Year ended
Sept. 30,
Dec. 31, March 31.
June 30, June, 30,

Sales

£
Customs

4,488,000
5.240,000
2,530,000

Excise

Stamps
tax and
house dut.v..
Property and
Incometax..

1879.

1880.

£
5,3.50,000

6,460,000
2,725,000

£,

4,855,000
7,350,000
3,130,000

1880.

1880.

£

£

4,481,000 19,180,000
6.290,000 25,340,000
2,915,000 11,300,000

105,000

26,000

2,059,000

500,000

664,(100

4«r>,000

1,H30,000

1,620,000
1,748,000

ianils..

1,500,000
370,000
80,000

onadvan's

272,86!)

365,000
135,000
325,520

Miecellaueous. 1,358,353

1,108,037

6,515,000
1,575,000
315,000
95,000
333,400
800,826

Postotflcc

Tel'gh service.

Crown
Int.

Totals

16,608,222 18,616,557 27,118,226 19,619,058 81,962,003
Quarters ended.
Year ended
Sept. 30,
Die. 31,
Marcli 31, June 30,
JuncSu,
1878.
1878.
1879.
1879.
IS
.

.

A

Customs
Excise
•

Stamps

Land tax and
house duty
Proiierty

. .

4.626,000
5,508,000
2,532,000

5,484,000
6,990,000
2,628,000

8,327,000
2.849,000

1 1 5,000

26,000

2,033,000

and

incometax..

566,000

Postofflce
1,513,000
Tel'gh service.
370.000

Crown

lands..

82,000
Int. onadvan's
206,189
Jlisoellaneous. 1,190,338
Totals

5,27i).O0O

440,000

4,027,000 20,010,000
6,250,000 27,075,000
2,915,000 10,924,000

480,000

6,770,000 1,565,000
1,544,000 1,645,000
300,000
340,000
104,000
80,000
205,578
322,807
1,098,411 1,108,610
697,243

1,551,000

325,000
141,000
383,151

1878-9.

1877-8,

1876-7.

40,478,023
7,567,635

47,584,?68
7,202,769

35,443,754
5,684,530

....22,280,100

39,277,850

30,588,000

32,282,500

79,463,536

87,323,463

85,375,237

73,590,784

Total

Deduct
exports
of
wheat and flour.... 1,300,290
Result
78,103,246
Av'ge price of English
wheat for the season.
46s. 4d.
Visible supply of wheat
bush. 15,625,000
lutheU. 8

sons:

16,708.527 19,069,562 28,520,188 18,922,050 83,220.327

1,516,683

773,096

83,858,551

72,817,6*8

40s. 7d.

50s. lid.

52s. lid.

13,438,600

4,943,132

2,924,795

Indian corn
Flour

IMPORTS.
1879-80.
1878-9.
cwt-48, 543,406 40,478,028
11,651,486
9,283,572
12,095,224
9,456,944
1,802,815
1,443,262
2,308,634
1,422,265
23,796,047 50.240,532
8,634,030
7,567,635

Wheat

1879-80.
cwt. 1,114,155

WTieat
Barley

Oats
Peas

Beans

1877-8.

1876-7.

47.534,468
11.807,858
10,036,125
1,.503.688
2,573,259
29,724.543
7,202,769

35,443,754
11,591,928
9,347,135
1.139.957
3,941,163
28,933,597
5,864,530

1877-8.
1,410,741
54,131
98,751
18,713
19,028

1876-7
733,265
48,377
84,477
22,089
27,109
444,500
39,851

EXPOKTS.

Beans

com

Indian
Fiour

422,845
120.636

21(;,699

75.942

market Keports— Per Cable.

Ensrilsb

The

1878-9.

1,462,747
105,017
89,361
19,668
11.859

28,257
86,914
88,887
54,867
511,384
156,135

Barley
Oats
Peas

daily closing quotations in the markets of

Liverpool for the past week, as reported

by

London and
shown in

cable, are

the following summary:

—

London Money and Stock Market. The bullion in the Bank
England has decreased £91,000 during the week.

Silver,

peroz

d.

Consols for money
Consols for account
U.S. 58 of 1881

U.S. 4 las of 1891
U.S. 4s of 1907
Erie,

....

Sat.

Mon.

Tues.

Wed.

Thnrs.

Frl.

July

July

JiUy

July

July

July

10.

12.

13.

14.

15.

52ia
98^18
98S>i6

105»j,

1129t
110^4

1123»

41%
108
55

Central

Pennsylvania

5213
987i8
939i6

108

common stock

Illinois

110^
42^
lOS^j

55

Philartelphia& Reading.
8H
131ia
New York Central

Liverpool Cotton Market.

8\

—

Sat.
s.
d.

Flour (ex. State)fcent'1.13
Wheat, No. l.wh.lOOlb.
"
Spring, No. 2...
" 10
Winter,West.,n.
"
Southern, new .
10
"
Av.Cai. white..
"
California dull.

52ia
OS'ia
98i>io

52ia
ns'ie
98»ig

xl05

106
113
111

II314
IIII4

43%
IO8I3
5514

43%
109

56I4

16.

52ia
oa^ig
989i8
104"8

52»3
98Ti8
939i8

103

113
lll>4

11338

42%

4378
tlOJa
56I9

IO912

lim

8%

132%

8>fl

I33I3
133
See special report on cotton.

132,%

Liverpool Breadstuffs Market.

2,651,000

9,311,000
6,256,000
1,335,000
407,000
1,117,725
4,094,002

1,533,383

85,740,080

The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the first of September to the close of last week, compared with the corresponding period in the three previous sea-

2,690,000

9,285,000
6,433,000
410,000 1,490,000
80,000
390,000
362,751 1,291,510
1,212,307 4,530,523

estimated that the followhave been placed upon the

home-grown

produce

of

liaiid

of

flour

8,631,030

Imports of flour

.

1879.

against

—

Mon.

Tues.

Wed.

Thurs.

Frl.
d.

8.

d.

8.

d.

8.

d.

6

13

6

13

6

99
93

13

6

13 6
9 10

13 9
9 11

1

10
10

1
2

TO 2

10
10

2
3

10
10

10
10

5

5

1

99
93
2

99
93

92 92
99
99
IOI3

Corn,mixed,West.^cnfl 4
4 10>a
Liverpool Frovisions Market.

—

99
93

8.

d.

93

4

8.

93

5
93.93
96 96
911
9 10
9 10
911

10

5

3

5

QJa

5

5

013

news from France and Turkey has to some ext»n<t
Silt.
Mon.
Tues.
Frl.
Wed. Thurs.
Affected the market for Continental governments' securities; It^
Pork,We8t.mess..^bbl.o6
60 o' 60 o' 01 o' 61 o" 61 6
the railway share market has been firm, having been assisted lb/ Bacon, long clear, cwt.. 30 6 36 6 36 6 30 6 36 9 36 9
"
88 6
38
38 6
33 6
33 6
38 6
Short clear
the cheapness of money, the favorable agricultural prospects Beef,
00
CO
60
60 O
pr.me.s.1. ^ tierce. 60
60
30 9
36 6
36
36 6
37
and the hope of better trade in the autumn. Prices, however, Lard. prime We.st.^cwt.37
48
43
49
48
30
Cheese. Am. choice " 50
are high, and during the last two days some realizations have
London Petroleum Market.
taken place. To-day the market closed with a steady tone.
Thnrs.
Mon.
Tues.
Wed.
Frl.
Sat.
d.
d.
d.
d.
rf.
Consols have been as high as 98% to 99 xd.
-® .. 7%®8
7ia®7%
8
..
7%
..
® ..
Pet'leum, ref. |! g.al.
..
.. ..
..
.a) .... ® ....© .. ..'©..
The weather has been unsettled during the week, and the Pet'leum, spirits
country has been visited by heavy storms. In a few localities
Political

—

'*

some damage has been done, but the
yield abundantly.

crops, as a whole, promise

Green crops have made wonderful progress, and there is an abundance of vegetable ftiod.
We now
require some dry weather to bring the crimps to maturity,
and
if we should have a seasonable July, wheat-cutting will
be
-commenced in early districts at the close of the present month;
t<>

-S>

"a)

dvoninxtxcifd attd||ltsccIlauc0Vts ^eius.

Imports ajjd Expoets for the Week.— The imports of last
week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise.
The total imports were $8,155,564, against $9,188,199 the preceding week and $9,218,221 two weeks previous. The exports
for the week ended July 13 amounted to $8,098,810, against

I

—

JuLT

.
.

19,447,246 last week and $9,163,891 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) July 8 and for the week ending (for general

NEW YORK FOB THB WEEK.
.$(l(i0.10.'.

1R80.
$l,818,«r>7

3,134,911

:t,130,5lj7

0,330,81(7

.$(i,7(il,30.'>

$4,U.'>,01rt

170.591,040

148,722,827

$1,711,393
158,509,243

205,081,779

Oeueral ludae..

S.-tOS.'iOl

Total week
Prov. reported.

$8,155..'>(il

Total 9'oe Jan. 1..4llS3,358,435 $152,337,873 $103,250,636 $273,237,313
In our report of the dry good') trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive o(
specie) from the port of New York to foreign ports for the
week ending July IS

For the week....

1878.
$5,413,092
177,102,590

$5.l,54.ll7

Prcv. reported.. 133,903,430

1880.
$8,098,810
205,014, 67(i

1879.

'

$5,873,070
103,899,944

Total s'co Jan. l.$U4,122,877 $182,575,038 $109,778,014 $213,113,480

The following will show the exports of specie from the port
of New York for the week ending July 10, and also a comparison of the total since Jan. 1, 1880, with the corraspondiug
totals for several previous yeara:

8—StV.

Wcatphiilia

Am.

rx>ndon

$148,000

bars.

8ilv.

$148,000

-gold).
Total for the week ($148,000 Bllver and $
ProvioUBly reported ($2,058,618 silv. and $2,083,387 gold).

Tot. since Jan. 1, '80 ($2,800,018 sllv.

and $2,088,887 Rold)

4,747,505
.

$4,895,505

.

Same time In—

Same time In—

Same time in—

$49,833,757
$57,007,255 1871
$11,316,379 1875
27.027,1S5
32.102.324 1870
•1878
8,853.454 1874
18,212,7'i(;
3(i.773.7B9 1869
1877
21.297,895 1873
57,509.310
48.780,037 1808
1876
34,184,890 1872
same
periods
the
have
specie
this
port
for
The imports of
at
been as follows:

1879

July.
0—BarkTlios. Brooks... Cuba
6—Str. Santiago
Cuba

Am.
Am.
Am.

$500
710

silv. coin..
sllv. coin..
polrt coin..

2,71()

For. gold coin
For. silv. coin
Am. silv. coin..

10
1,939
1,000

.

6—Str.
G

riayti

IIa<\jl

—Str. Crescent City

.

Porto Rico
U. 8. of Colombia... Am.

silv.

coin..

1,1

Bolivia

10— Str.

8t,

Domingo

St.

Domingo

Am.
Am.

3(Ki

...Am.

1 19
20,20(1

Am.

18,909

Total for the week ($24,775 silver and $24,336 gold)
Previously repoited ($2,916,502 silv. and $1,807,146 gold)
Tot. since Jan. 1, '80 (.$2,941,277 silv.

Same time in—
1879
1878
1877
1876

$5,699,493
13,379.917
7,438,792
2,447,409

and $1,891,432

15o

$49,111
4,783,018

.
.

gold) ..$4,832,759

Same time in—

Same time In
1875
1874
1873
1872

l.oso

sllv. coin..
silv. coin..
silv. coin..
Gold b.irs
silv. coin..

Cuba

7— Sell. CM. Richardson. Mexico
7— Bilj; Emma I)e;in
Kollvia

1'J

300

Gold dust
Gold bars

7— Brig Anita

$7,637,147
2,680,122
2,853,156
2,736,845

1871
1870
1869
1868

$3,346,150
7,317,101
9,747.700
4,008,25J

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:

July 10...
••

"
"
"

"
Total

12...
13...
14...
15...
16...

931,978
1,444,220
938,514
1,131,381
1,171,020
932,789

845,316
1,082,934
830.305
1,132,843
714.424
790,014

89
25
01
50
.50

70

0.510.010 no

12

77
62
11

26
03

84,929.113
84,992,000
85,123.154
84,970,303
85,317,021
85,209,193

$
83
60

50
90
68
34

49,009,710
51,493,707
45.083,897
40,897.154
40,105,384
45,598,729
47,704.203
43,738,327
40,512,404

.

.

November
December.
January.
February
Marcli
April

May
June

25,542,880
25,268,823

87,74.'i,071

20,825,.5«6

23,725,805
22,590,377
25,057,540
20,90H,9H7
2M, 238,007

23,093,423
29,042,093
31,129.247
28,489.bl2
28.769,674
28.828,008

20,'j:tit..l~5

24.490,170
35,239,172
34,80 l.lHl
35,783,772
43,084.5«8

28,9:15,100

24,088,944
23,471,878

$524,844,862 $306,740,125 $-100,798,000 $351,319,610
following visitors from the United States and Canada
have been registered at the counting hou.se of Messrs. Morton
Rose & Co. up to the 24th June, 1880.
New York T. Henry JIason, J. H. Redfleld, Rev. Russell
Booth, D.D., Mrs. George H. Palme):, Miss Parker, Miss Ryder,
Howard Willetts, Samuel Willetts, Henry T. Willetts, Mr. and
Mrs. Wm. M. Bliss, C. F. Davies, Mr. and Mrs. Sainui'l Milliken,
Mi's. Amelia Spiess, Charles A. Hess, Mr. and Mrs. Kdward
Matthews and Miss Matthews, Bernard H. Nadal, J. H. Kean,
Boston— Mrs. Charles Blake, F. B. Jenks, W.
F. J. Stiinson.
0. Blake, Mr. and Mrs. Henry M. Pevser, Dr. E. D. Bobbins.
Minneapolis, Minn. Jlr. and Mrs. Charles H. Woods, E. S.
Jones, D. P. Jones. Rhode Island Charles F. Ballon. Terra
Haute, Indiana Albert J. Kussner, Mrs. Louise Pence. St.
Philadelphia Miss Marie E.
Louis W. L. Vandervoort.
Denis, Miss D. B. Burt. Washington, D. C. Captain 8. L.
Phelps. New Jersey— Ashbell Green. Savannah A. Norden.
New Hamburg Henry T. Satterlee. Milwaukee, Wis. K.
Kent Kennan. Wheeling, West Va. Mrs. Alexander Langlin.
New Britain, Conn. Mr. and Mrs. John B. Talcott. Brooklyn
Toronto— Colonel F. W. Cumberland, G. E.
8. B. Luyster.
Alexander, Hon. D. L. Macpherson, James Michie. Ottawa
Total

—The

—

—

—

—

—

—

—

—

—

—

—

—

Duncan C. Plumb.
The notice of the New York Lake Erie

—

& Western R. R. Co.
Chrosicle, to-day, states that the companj' has made
arrangements with Messrs. Drexel, Morgan & Co. to extend the
Fonrtli Mortgage Bonds issued by the New York & Erie R. R.
Co., maturing Oct. 1, 1880, the principal payable 40 j-ears from
that date, and interest April and October at 5 per cent in gold.
All the present holders may extend as above, upon depositing
their bonds for that purpose with Messrs. Drexel, Morgan &
Co., on or before Sept. 15, 1880, who also give notice that they
are prepared to purchase said bonds at 100/^ and accrnea
in the

interest.

—The semi-annual dividend

of the

New York New England

and Western Investment Company is noticed in our advertisements this week. The dividend Ls 5 per cent on the capital
stock of the company. This dividend shows that the company
has made a great success in doing a profitable business during
the earliest years of

—Attention

its

existence.

&

called to the card of Mes.srs. George Stark
This Ann buys
Co., bankers, in this issue of the Chronicle.
and sells investment securities for cash or on commission, and
makes a specialty of Western farm mortgages bearing from 7
to 10 per cent interest. It also undertakes the negotiation of
loans upon Western city property in large or small amounts^
is

6,756,802
7,055.147
7,032,201
7,177.590
7,292,923
7,477,828

Messrs. Chas. A. Sweet & Co., of Bostop, are offering the 5
per cent registered bonds of one of the most substantifu railroads in the country the Phila. Baltimore & Wilmington.
This is an old 8 per cent dividend road, and its bonds rank
among the best issued.
The Deadwood Mining Company announces its seventh
monthly dividend of 25 cents per share, payable at Wells,
Fargo & Co.'s on the 20th inst. Transfers closed on the 15th.
—The dividend notice of the Little Chief Mining CompanyThe dividend is paywill be found in our advertising columns.
able on the 24th inst.

—

Currency.

Gold.

35,1611,717

October

—

Balances.

Payments.

Receipts.

1878-79.
$^4,826,1.53

—

EXPORTS FROM NEW YORK FOR THE WEEK.
1877.

AngUHt
September
.

1879.
$1,301, 83R

187R.

^Kxpiirli (Svtcie iiiW«rf«/j—
1679-1-0.
1 878-79.
$29.010,m:i8
$20,586,922
31,020.500
32..509,738
32,475,0-13
30,712,231
•29, 801. 573
37.928,!»58
30,751.074
29,039,120
34,493,3(17
27.840.311

-Impiirtu.-

879-30.

$27,128,509

Jiily

1877.
$1,290,131

61

The following 8tat«ment gives the total imports and exports
each month during the past two fiscal years:
1

9:

FOREIGN IMPORTS AT

Dry Ooods

,>

THE CHRONICLE.

17, 1880.]

merchanmse) July

—

..

72
13

42
47
93

00

>.401.B37 91

Springfield & Northwestern (111.)— A despatch from Spring" Charles Ridgely, of the Eidgely
111., July 10, says:
National Hank of this city, to-day, in behalf of the Jay Crould
syndicate, bought the Springfield & Northwestern Railroad, or
the majority of the interest of Col. John Williams.
This line
extends from Springfield to Havana, a distance of 47 miles, and
will give the Wabash a Peoria connection.
The amount paid
is not given ofRcially, but is stated to be about $i90,000."

—

field,

B.\NRIXC AND FlN.li\CfAL.

FISK & HATCH,
BANKERS AND DEALERS IN GOVERNME^fT BONDS,
And other desirable

gage, the directors have authorized the issue of scrip for one
year's interest, at he rate of 7 per cent per annum, to July 1,
1880, on the income and land grant bonds of the company.

—

FoREiON Trade of New York City. The New York DaUv
Commercial Bu'letin gives the following statement of the
foreign trade of New \ork City for the years ending June 30:
Imparts—
1880.
1879.
1873.
Entered for consumption
$214,822,744 $141,441,227 $127,243,204
Entered for wareUonsiug.... 101,835,723
09,318,738
74,902,215
Ficegoorts
124.827,604
86.427,934
83.552,000
Specie an'i bullion
83,358,731
11,558,206
20,690,945
„.„Tpt»l entered at jwirt
.$524,844,802 $300,746,125 $306^18,400
Withdiawn from warehouse. 83,215,030
00,011,131
80,705,471
.

Kxjiofts

.

.

—

DomestK- produce
Foreign free goods
Foreign dntiabh- goods
Specie and bullion

$386,064,796 $327,929,161 $327,542,943
2,161,880
2,03.258
2,743,251
4,517.387
5,231.618
0,520,570
8,053,937
15,305,573
15,242,804

Total exports
$400,798,000 $351,319,010 $352,049,039
Total, exclusive of specie.... 392,744,003
330,014,037
336,800,773

ln\ estment Securities,

No. 5 Nassau Street,

Texas & Pacific— In accordance with the terms of the mort-

New

York.

Buy and sell .all issues of Government Bonds, In large or small amounts,,
at current market prices, and will be pleased to furnish information In
reference to all matters connected with Investments in Government
Bonds.
We are prepared to give information in regard to first-class Railway
Securities and to execute orders for the same.
Buy and sell all marketable Stocks and Bonds on commission, at tlio
Stock Exchange or in the open market.
Receive accounts of Banks, Bankers, Merchants and others, and allow
and for those keeping accounts with us we
interest on daily balances
collect U. S. coupons and registered interest, and other coupons, dividends, <fcc., and credit without charge.
13»= We give special attention to orders from Banks. Bankers. Inslitntions and investors out of the city, by Mall or Telegraph, to bay or
;

Govcrument Bomdii, Slate and Railroad Honds, Bank
Stocka, Kallroad Stocks, and other uccnrities.
We have issued the Seventh Edition of "Memoranda Concerning
Government Bonds," copies of which can be had on application.

sell

FISK & HATCH.

.

:

THE OHRONKJLE,

62

[Vol. XXXI.
Ayril 23, 1830. June 11, 1880.
$-156,097,935 $455,909,565
117,.301,422
118,102,014

lAabilities.

Capital stock i)aid lu

Sniplusfund
Other undivided proflta
Natliinal bank notes outstamllng
Amoiuit on hand.
State bank notes outstanding
Dividends ini]>aid

DIVIDENDS.
The foUowliiK

Name

diT-ldends

of

have recently been aunouiiccd

Company.

Per

When

Cent.

Payable.

Books Closed.
(Days Inclusive.)

Railroads.
4

CJoIuiiilms A: Kock. Valley
En.«t Miiliunoy

fl

East I'emisylvanla
MUMIetiiwn Union & W. G
Mill Creek & Mine Hill Nav.
Mt. Garlion & Port Carbon
Scliuylkill Valley Nav.

& KR.

On

3>a
5
2Hi

On dem.
'On deni.
dem.
dem,
dem.
dem.
dem.
dem.
dem.
5
dem.
31s
3>2
dem.
dem,
10

FarraKUt Fire
Guardian Fire

7««

Ijamar

Manhattan Fire

& Traders'

Fire

Merchants' Fire

Pbeaix (Brooklyn)
Keller Fire
Republic Fire
Stnnda iil Fire

Williamsburg City Fire

16, 1880-5 P. M.
Tbe money Market and Financial Situation. Xhe financial markets present the usual aspect of midsummer lethargy.
Mr. Gould is off for the mountains; Mr. Keene is much of the
time at Newport, and the giants of the stock market are generally absent from their usual haunts. The tone, however, is one
of decided firmness, and if buyers are not in heavy force, neither
are there large orders to sell, and the principal holders of stocks
are satisfied to keep them at present figures and with the existing outlook. It seems to be tolerably certain that the grain
crop of the country, taken altogether, is going to be a large
one. and the main question yet to be settled is, whether prices
are likely to decline materially during the coming season, owing
to a smaller demand for erport. Should prices be even fairly
maintained, and grain and cotton go forward as they did last
year, a renewed importation of gold would seem to be almost
inevitable. Such a movement would al.so be as.sisted by the
demand for railroad and other American securities abroad,
which keeps up quite steadily, although pub ic attention is but
little drawn to the matter.
The money market is exceedingly easy, and exceptional rates
below 2 per cent have been made for call loans; but, as a fair
quotation on the various classes of collateral, 2(§l3 per cent may

—

Prime commercial paper

sells readily

enough

at

4@5

The Bank of England weekly statement, on Thursday, showed
a decrease of £91,000 in specie, but the percentage of reserve
to liabilities was 51 7-16 per cent, against 50 3-16 per cent
the previous week. The discount rate remains at 2/^ per cent.
The last statement of the New York City Clearing House
banks, i.ssued July 10, showed an increase of $1,684,600 in the
legal reserve, the total surplus being $17,763,225, against
$16,083,625 the previous week.
The following tab\e shows the changes from the previous week
and a comparison with the two preceding years.
18S0.

Differ'uces fr'm

July 10.

previous week.

1879.
July 12.

1878.

July

13.

Loans and dis. $293,428,500 Inc ,$1,644,200 $262,951,900 .$231,120,100
Specie
Circulation ..
Net deposits

.

Legal tenders.
Legal reserve.
Reserve held.

70.S22.100l Inc. 4,053,500
19.525.800 Dec.
40.200
290,714.700j Inc 7,630,400
19,624,800 Dec. 1,059,800

19,971,500
20,509,900
211.328,800
51,301,900

22,018,600
19.522,100
217.411.500
55,556,300

$72,078,075 Inc ,$1,909,100
90,446,900 luc, 3,503,700

$60,332,200
71,273,400

$54,352,875
77,601,900

$17,708,225 Inc. $1,(184.(300

$10.9(1.'JOO

$23,252,02

.

4,529,907

$1,974,600,472 $2,035,493,290
2,075

*The amount of circulation outstanding June.ll, 1880, an shown by
the books of this ofliee. was $344,995,020, and the amount outstanding April 23, 1880, was $344,820,461, which amounts include the
notes of insolvent banks, of those in volinitaiy liquidation, and of those
which have deposited legal tender notes under the act of June 20, 1874,
for the purpose of retiring their circulation.

Department on July

1, 1880:
DESCUIPTION OF liONDS HELD FOR CIRCULATION.
$2,092,000
Registered bonds, loan Of Februar.y, 1861 (18318)
34,249,050
Registered bonds, loan of July and August. 1861 (18818),
17,329,100
Registered bonds, loan of March, 1863' (18818)
1,379,900
Registered 10-40s (act of March 3, 1864)
4,363,000
Registered bonds, loan of July 1 1302, and July 2, 1864.
Registered consols of 1 867 (act of M.arch 3, 1865)
3,000
15,000
Registered consols of 1 863 (act of March 3, 1865)
•Registered 5 per cents, funded loan of 1881
138,378,750
37,760,950
•Registered A^ per cents, funded loan of 1891
126,076,300
•Registered 4 per cent* of 1907
,

$361,652,050

To'al

Acts of July and January, 1870 and 1371.
The c'osing prices at the New York Board

*

lows

Interest July
10.
Periods.

68,1880...
69, 1880...
68,1881...
68,1881...
58,1881...

The following is an abstract of reports made to the Comptroller of the .Currency, showing the condition of tlie national
banks of the United States, including national gold banks, at
the close of business on April 23, 1880, and June 11, 1880.
Hemurces.

Apl. 23, 1880.

Loans and discounts
Overdrafts
United States bonds to secure cireulaiion
United States bonds to secure deposits..

United States bomls on hand
Other stocks, bonds and mortgages
Due from approvccl reserve agents
Due from other national banks
Due from State benks and liaiikers
Real estate, furniture and fixtures
Current expenses and taxes paid

*.

Premiums paid

Cheeks and other cash items
Exchanges for Clearing House
Bills of other national

banks

Fractional currency

Gold coin

361,274,650
14,727,000
29,504,600
42,494.927
103.968,002
54,493 003
13,290,465
47,807.513
7,008.097
3,791,703
9,857,411
99,357,056
21,064,504
395,747
39,.599,463

Silver coin

5,416.403
7,380,000

Gold

certificates
Silver eertittcates

Gold clearing-house

$989,592,'200
3,37S,K22

certillcates

Legal tender notes

495,860
33,538,000
61,059,175

United States ccrtiticatcs of deposit for
legal-tender notes

Five

i)er cent redemption fund
_
Due from ........
United States Treasurer.
.

f,.|

Total

7,870,000
16,069,983
1,106,071
$1,974,600,472

June

11, 1880,

$991,143,126
3.509,520

fol-

coui>.

reg.

coup.
reg.

coup.

1891

July

July

July

July

12.

13.

11.

15.

&
&
&
&

16.

J.
J.
J.
J.

(;,,-Feb,

•lOlia •lOlifl
*10158 •lOlifl
*1033i *103%

104
•102

"103%
•102

103%*103i4 103% *103i4 103%

1031-.;

*109%1 10978*10978 11018 *110 •llOifl
*noi«
,-Mar, 109*4 'lOOTe'log^a 11018 *110
.^an. 108%' 30818' IO8I4 *l08i4 •10814 108I3

reg. t ,-Mar,

1891.

48,1907..
48,1907..

July

•101 '8 lOlia *101>s *1011<2
lOl's *101l2*101l2 *101l2
J.
104 *103i^;*103%*103%
J.
101 *103:k*103*t *103%
J.
*102
Ci.-Feb. 10218*102 l'102

reg. J.

58,1881..
4»28,
4>ss.

have been as

:

,

coup.

t

reg. C

*103i4 108% 108%
C ,-Jau, •lOSig' IO8I4' IO8I4
125
'123 •126 *123
1895. .reg. J. & J. *1'24 1*123
•I26I2 •123I3 •12513
n24i-2|*123
*123
1896.. reg. J. & J.
*127 •124 •126
1897.. reg. J. & J. *125 *123 '123
*127ia *l24i2 •126ifl
1898.. reg. J. & J. '1251-2*123 *123
•127
•123 125
1899.. reg. J. & J. •126 1*123 1*123
» This is the price bid
no sate was made at the JBoara.
State and Railroad Bonds. The transactions in State bonds
have been small, but the prices of the Southern bonds are
strong, except for Virginias, which are prejudiced by the readjusters' agitation.
Railroad bonds are very strong, and the great demand for investments and the high prices of Government bonds, which make
them pay only about 3>6 per cent per annum, push up the prices
of first-class railroad bonds to quotations which were unknown
here until within the past year.
Messrs. A. H. Muller & Sou sold the following at auction
68,
63,
6s,
68,
68,

coup.

our'cy,
cur'cy,
cur'cy,
cur'cy,
cur'cy,

:

—

:

Shares.

Slia7'es.

First National Bank
100
Fishkill
2 Howland Cii'culating
Librar.v. Fishkill
$2
8'

40

New York Life
ance & Trust Co

2,139 Arizona Mining Co
500 Tlie Biddlesbnrg Coal
Iron Co
11 Park Fire Ins. Co

33

Insur-

Citizens' Ins.

New York

129

llOis
35 Gallatin Nat. Bank
15 T.eather Manuf. Nat.Bk.l62i«
Ward
Bank
....
89
Seventh
30
37 Butchers' & Drovers'
116
Bank
79I2
27 Relief Fire Ins. Co
16 Nevassa Phosphate Co.$555
118 BL'btail Mining Co., $5
each, per share
$2 10
10 Honduras Inter-Oceanic
Company
$5
Kailw.aj
852 The Enriquetta Gold Co.
Arizona
7
of
5
1 ,000 JefTerson Lead Co

Co

20

&

12
115ifl

202ia.

Bomls.

39512

67 Merchants' Nat. Bank,
Surplus

2,016,!l00

United States Bonds. The dealings in Government bonds
are not very heavy, because they are somewhat checked by the
high prices ruling. A few considerable lots have been taken up
bj' savings banks, and the United States Treasurer purchased
|2r)0,000 currency sixes for the Pacific Railroad sinking fund.
A Washington report gives the following statement of the several classes of bonds held as security for National Bank circulation, as
they appeared on the" books of the Treasury

FRIDAY. JULY

be given.
per cent.

7,925,988
3,220,000
157,209,759
63,317,107

50,443,635
•318.088,562
4,450,139
290,738
1,330,179
833,701,034
7.080,905
3,020,757
171,462,131
07,938,795
2,208,769
5,250,192

—

3

Hoffman Fire
Meehaiiies'

On dcm.

4

American Flie

791,55.5,059

Total
Nuuil>cr of banks

dera.

Aug. 2 Jnly 20 to Aug.

German American
Insurance.

Individual deposits

United States deiMisits
Deposits of U. 8. disbursing officers.
Due to other natioiml banks
Due to State banks and bankers
Notes and bills rediscouuted
Bills payal)le

July 16
July 1()
July 10

n

&ER

Banks.

July 15
July 20

.'iO

48,219,183
'320,759,472
3,239,417
293,790
1,547,279

£1,000 survey fund receipt
Honduras luterof the
Ooeanic Railway Company,
5

limited, for

$10,000 State of Indiana preferred 5 per cent canal stock
(Wabash & Erie Canal), for $60
$3,680 Convertible land gr.
certiUcate of the Chicago &
Nortliwestern Railway Co.
(foreclosed),

im

upon

which

p. c. has been paid, for. 31
$10,000 Selnia Rome & Dal ton
14,7'..7,000
RR. Co. 1st mortgage bonds,
28,604,800
carrying coupons of April,
44,948,315
413
1 872, and subsequent
115,935,668
56,578,444
Railroad and Miscellaneous Stocks. The stock market
13,861,582
closes with much
47,979,241 has been somewhat variable in tone, but
6,778.829 strength, and prices considerably higher than last week. The
3,702.354 reports of any ereat damage to the grain crops of the North9,980,179
thorcughlir disbelieved; and, on the other
122,3.50.409 west are pretty
21,908.193 hand, the reports of an injury to the wheat crop in Russia
387,220 seem to be probable, although not to such an extent that ex43,622.509
have been prohibited, as stated in the pre.ss despatches.
5,362,035 ports
8,439,560 The situation is unquestionably favorable so far as concerns
495,400 the traffic on railroads, but as to the present prices of stocks it
41,087,000 is to be remembered that within a month the^ have advanced
64,480,717
10@15 per cent from the lowest point reached in the decline of
]2.i>00,000 May and June.
The statement of the Philadelphia & Beading
15,920,010 Receivers was issued just after our report of last week went to
1,079,073
press, and we publish a great part of the figures in detail on
The report can hardly be looked upon as en.
$2,035,493,280 another page.

3.59,512,050

,

.

—

.

.

ifJULY

:

.

THE chronj(;le.

1880.)

17,

couraginp, and the immense liabilities of the company, in one
form and another, compared with it« present earning capacity are
suggestive of the extravagance with which the capital account
was expanded. As a class, the elevated railroad stocks in New
York have been most unsettled in tone, owing to the pending
discussions, negotiatiors and apparent disagreements among
Union Pacific has been one of the strongest
the directors.
stocks the past two days, and various rumors Have been circulated about it, but none of them with any authority; the earnings, as reported, are very large, but the interest charges on
The Erie road, in
the whole consolidated line are also heavy.
eight months of its fiscal year, has earned $4,359,4r)l net, and
the interest charges for this whole year to Sept. 30 are about
$4,000,000, leaving the road four months yet to run in which to
earn dividends on the preferred stock, &c., &c.
The daily highest and lowest prices have been as follows:

The latest railroad earnings and the totals from Jan. 1 to
latest dates are given below.
The statement includes tlie gross

,

Am.nist. Tcl
Atl.&l'iii:.Tel

CanAila Suutli.
Oetil.dlN. J.
Cent. I'lU'ltlc.
Cbes.&<^ihi(i.
Do 1st prf
Do 2(i prf
Chic. & Alton

Chio Bur.&O.

Uhlo.M.&«.P.

Do

pref.

Chlo.&N.W..

Do

pref.

C.R.I. &P. new

Ch.St.L.&N.O
Ch.8t.P.M.&0

Do

pref.

Clev.C. C.&l.
Col.Chlc.il.C.

Del.&

ll.Ciinal

DonverJc K.G.

Han.&St. Jo..
prof

Hous.&Tex.C.
Shore....

L0Ui8V.<fciVuSll

Manliattan...

Mar.&C.lstpf.

Do

2,1

Mobllo.tOlilii

Mo.Kans.4T
Ks-sex.

Nash.Ch.&StL
NewCent.Coal

N.Y.C.tH.K
N.Y.L.E.iW
Do
pref,

Nortliern Pac.
pref.

Ohio Central..
Ohio &.Miss...

pref.

8t.I,.I.M.iSo.
8t.I.,.&S.lj'ran.

Do
Do

pref.

Istprf.

Sutro Tunnel.

Union Piiclac.
Wab.St.L.& P.

Do

pref.

West. Un.Tel.
• Theiin are the prices bid and asked no
sale was also made ex-div. at 68>^.
t
:

A

.tale

106M 105!^ 10«H
was made at the Board.

Total sales of leading stocks for the week ending Thursday,
in prices for the year 1879 and from Jan. 1, 1880,
to date, were as follows:

and the range

Sales of

Range

Week,

since Jan. 1, 1880.

I

I

Shares.

Lowest.

Highest.
I

Canada Southern

950

Central of N. J
Chioai,'0(St Alton
Chic, liurl.
Quiucy
Chic. Mil. (St St. P....

A

Do
Chic.

do

pref.

Northw

(St

Do

do

prof.

•Chic. Rock r.& Pac..
Col. Chic.i- Iiid.Cent.
Del.
Hudson Cana!
Del. Lack. &, Western
Hannibal & St, Jo...

&

Do

do pref

Illinois Central

Lake Erie & Western
Lake Shore
Louisville

i

Nashv.

Manhattan

63,600
424
1,270
265,970
3,825
87,608
1,940
2,720
3,165
9,507
82.100
5,3.50

2,455

700

40 M,ay V,
45 May 2."
99i2Jau. 2
113 June 2
OOiflMay 25
99 May 10
87i8 July 9
104 Feb. 10
10012 June 11
OiflMay II
60 May 25
68 13 May 25
227e May 25
631s May 25
991a Jan.

4.800
66,540

20i4May

000

861s Jan.

95

,.<,•

Do

_.,

(St

pref.

MissLssippl

PaclfloMail

Panama
Phlla.

(fe

Reading

8t.L.IrouMt.&South.l
8t.L.(ScSanFntnciscol

Do
Do

prof.

1st pref.

Onion Pacific

Wab.

St. L.

Do

&

.

Pacific

do
Western Union

pref.l

Juno

741a Jan.
OOI4 Mar.
110 Mar.
152 Jiiu.
8538 Mar.

107i2Mar.
97 Mar.
110% July
204 Juno

25%

Range for
Year 1879.

Low High

14
8

4514
33ia

29'

73

20 111%
27| 3438

781,!
81)78

10014
1341a

82%

29

743i 102%
3l! 49S8 94%
16 7GT8 108
8 119
150%
Jan. 26
5
2.8

8638 Mar. 30 38
9478 Mar. 22' 43
421a Feb. 24 1314
76 Feb. 24 34

2 ll'i
Mar. 31
11 3S38 Mar. 4
2 111% Mar. 4

8 1641a Apr. 2
24 May 18 57I2 Mar. 16
75 Blay 1" 9(ii8 Juno28
28% Mav 25 4914 Jan. 27
100 May 24 1 lOia Feb. 28
471a Juno ] 128
Mar. 5

7,996
Michigan Centr.nl
5,935
& Tex. 23,180
Morris
Essex
1,162
Nashv. Ch:itt..S: St. L.
4,200
N.Y. Ceiit.(.S! IIud.Rlv
5,983 122
N.Y. Lake E.& West. 201,184 30
Do
do pref. 23,8'iO 47
Northern PaeiHo
2,840 20
Missouri Kan.

Ohio

&

Suko

.May

^-Jun. 1 to latest dat«.->
1P80.
1879.
«28 1,707 »167.3.52

,

ll>'2:i,2«3

1011,40.5

Sl,473

Ateli.Top.i.'i.Fe.Juuc
Atl. <fcChai-.Air-L.ApHl

720,0<)0

41(),(J<»0

R'2,i)10

5'2.S16

AtI.&Ot.WcHt....May

349,010
131,407
31.224

317,143

Ail. Mi8«.

&

.

Ohio. May

Biir.C.Hap.&No.lHtwkJiily
Cairo & St. lA)Ul8. June

130,1)7(»
24.<ii>7

17,728
23,511
23,.587
1,752,000 1,443,088
Ches.&OhIo
June
211,013
H8.4.")7
Chlca({o& Alton .Istwk July 132,0i)8 103,084
Chic, linil. AQ...May
1,610,227 1.171,303
Chie.Cl.Uul)..VM.4thwk Apr
16,883
8,17.")
CI1I0.& East. III. IstwkJuly
25,813
1.5,315
Chlo Mil. & St. P. Istwk July 240,000
171,113
Clile. it NortUw..Junc
1,653,000 1,303,087
CIilc.St.l'.Min&O.lHtwk July
23.791
10,719
Chic. &W. Mich.. 2(1 wk June
13,056
10,582
Ciu. & BpriuRr. ..latwkjulv
13,973
13,711
Clev. Col. Cln.& I. Istwk July
61.527
48,087
aeT.MtV.&Dcl.Juuo
34,9,'»2
30,249
Del.&H.Can..Pa.Div..May.
91,372
92,274
Denver & Rio Gr 2(1 wk July.
73,170
22,381
Denv.S.P'k&Pac.May
223,903
44,354
Det. Lans. &No.. Istwk July
20,.579
10,.569
Uubu(iuc«S:S.City.lstwkJuly
10,073
14,231
Eastern
May
227,415 203,840
FIintiStPereMar.4thwkJ'no
35,933
18.819
GrandTrunk Wk.eud.J'ly 3 197,218 152.910
Gr't Western AVk.end.J'lv 2
98,801
75,879
HannllialA St. Jo. Istwk July
36,198
22,570
33,8(f8

Carolina Central. May
Central I'aclllc. Juno
. .

105,.55l

460.171
120,407
18,444

551,380

418.116

:t<K».113
2,03(1.8iiJ

1,533,137

2.50.310

013,239
078.521
110,179
179,045

7((8,7.'.0

1,013, .570
178.3T(»
l!»l,731
8,181.'J.-,5
i.-zr><;.v^r,

3,.53.i,!)H.5

0,714.248
201.225

7,855.408
812.808
2,287,597
5,349,271
151,349

508..545

403..508

5.(!H7.00<1

1,!)0!),2«3

4,200.272
0,000,332
507,491
270,039
320.242
1,517,944

209,008
482.047

408,223

8,y'.)i),;jl3

717.338
351,188
410.573

183.2.50

1,202,318

910,789

190,309

458,753

433,693
1,091.321
901,391
743,114
518,209
4,938,522 4,168,131
2,380,407 2.043,431
1,109,024
913.638
1,265,.504 1,038,870
2,800,194 2,528,460
734,100
699,442
509,704
523,150

36,720
22,202
19,848
732,138
7V»4',i4i
17,403
15.717
506.869
3.56,475
Knn3.C.Law.(StSo.3dwkJune
16,810
7,737
317,090
193,144
Lake Erie(5t Wcst.Juue
112,565
48,278
LittloRk. (StFt. S.Mjiy
21,471
14,690
170.218
106,441
Louisv. (& Nashv.lHtwk July 133,000
73.855 4.028,795 2,702.610
Minn.(SiSt.Louis.3dwkJune
19,708
7,958
284.334
184,723
Mo. Kan. (St Texas. Istwk July
64,277
49,509 2,045.039 1,292,310
Mobile (St Ohio.... 4th wkj'uo
35,330
25,541 1,003,158
856,579
Na8hv.Ch.(S£St.L.Juno
154,000 103,047 1,034,550
837,887
N. Y. <St Canada .May
53,4«3
37,238
273,740
155,831
N.Y. Cent. (St Hud. June
2,653,477 2.022,823 15,742,478 13,157.968
N.Y. L.Eile.St W..May
1,592,544 l,3.-,0,574 7,429,232 6,434,673
N.Y.(feN. Eugl'd.J'nelto23 137,874 128,089
Northern Central. May
329.788 317,508 1,796.597 1,519,213
Vorthem Pacilic June
261,269 199,744
910,031
709.242
Ogd. (St L. Champ. Istwk July
11,208
9.104
233.533
103,519
Pad. (SiElizabetht. June
29,301
21,181
178,317
129,493
Pad.(SiMomphl8..3dwkJuue
3.221
2,500
91,236
70.452
Peuusylvauia
.May
3,417.91 6 2,708,695 10.2 1 2..59ft 13,023,248
-.-.-Peoria Dec. (St Ev. May
40.900
107.412
Philadel.A: Erie.. May
311,470 264.409 1,443,774 1 ,142,539
Phlla. (St Reading. May
l,457,88i 1,332.517 6,790,(J31 5,351,654
Poits.Gt F.<StCou.May
14,476
10,416
Rensselaer (ScSar. May
141,392 130,308
688,913
503,591
8t.L.Alt.(StT.H. ..Istwk July
22,649
19,698
042,732
419.943
Do
(brchs). Istwk July
8,930
7,020
306,790
254,786
St. L. Iron Mt.(!cS. Istwk July
102,000
71,921 2,722,332 2,001,015
8t.L.& San Fran. Istwk July
40,147
21,823 1,1.57,110
541,677
St.Paul(StDuluth.May
57,715
50.002
206,147
151,529
St.P.Minn.(StMan.Juno
243,407 190.349 l,43«,O01
8t.Paul.StS.aity.. Istwk July
19,961
15.158
654,496
511,341
Scioto Valley ....Istwk July
6,410
4,229
141,154
129.308
Texas (St Paeiflc. June
153,065 120,815
rol.PeorIa I* War. Istwk July
23,750
19,250
684,386
593,516
Onion Pacific
.June
1,936.000 1,283,000
Wab.St.L.(fePac.l3twkJuly 176,424 133,953 5,490,282 3,773,589
.

&Uoad'g

St.L.A.&T.H.

Do

Albany

SM(),82l

.

Do
pref.
Paoiac Mall...
Panama
Phil.

—

^Latest earnliiKS reiwrtcil.
Week or Mo. 18S0.
1H70.

Ala.Ot. Ro'.itlicm. Juno

.

N.Y.Ont.AW.

Do

the second column.

in

".

prf.

Mlch.Central,

Mor.&

mentioned

Ind. Dec. (St Spr.June
Int. (St Gt. North.. Istwk July
K.C.Ft. S.iStGfilf.SdwkJune

IMinoisCejit..
Ijlke Erlc&VV.

Lake

all railroads from which returns can be obtained.
The columns under the heading "Jan. 1 to latest date" furnish
the gross earnings from Jan. 1 to, and including, the period

earnings of

Houst.A Texas C.May
188,120
Illinois Cen. (111.). June
521,277
Do
(Iowa). Juno
122,230
Indiana Bl. <&W.. 4th wkj'ne
25,094

Del.I,ack.&\V.

Do

63

89%
94

41%
70%

79 14 10034

no
67
35
35

7334
53a
751s
351a

28%
108

89%
72 14
98

35%

. .

. .

.

Exchange.—Foreign exchange is feeling the influence of the
heavy produce exports, combined with the ^reign purchases of
American railroad securities. Rates for sterling are again
lower, and on actual transactions sixty day bills are sold at 4 83
and demand bills at 4 85. Cable transfers tare about 4 85@
4 85M.
In domestic exchange the following were the raws on New Fork
at the undermentioned cities to-day
Savannah, buying %,
selling ^ premium; Charleston, buying M discount, selling
premium; New Orleans commercial, 125@150 premium, bank
250 premium St. Louis, par Chicago, par Boston about par.
Quotations for foreign exchange are as follows
July 16.
Sixty Days.
Deiuaud.

\

:

^

;

;

;

:

Prime bankers' sterling bills on London. 4 82^84 83%
Prime commercial
4 8114®! 82
Documentary commercial
4 81 ®4 81%
Paris (francs)
5 25%3i5 20

Amsterdam

(guilders)

Frankfort (reichmarks)

Bremen (leichmarks)

39% a
9358®
93=8®

40%
94%
94%

4 84%a'4 86

®

....

9478®

95

....

4 83 «4 84
5 211435 20
40 ® 4038

9478*95

104%

The following are quotations in gold for various coins
83
Mav 11 137 Mar. 31 112 139
Sovereigns
$4 83' ®!i>4 86
Silver 14s and %». — 99%® par.
49''8 Feb.
1
— 92 ® - 95
Najxileons
2 21i8 49
3 83 ® 3 87
Five francs
May 23 7378 Fob. 2 37I2 78% X X Reichmarks. 4 74 ® 4 78
.Mexican dollars.. — 89 ® — 90
May 11 30 Jan. 14 tl6
X Guilders
3 96 ® 4 00
Do uneommerc'l. — 87 ® — 88
40%
1,940 3933 May 24 00 Jan. 13
Span'hDoubloons.l5 (iO •a 15 80
English silver
4 75 ® 4 82
65
16,350 23 May 23 441a Mar. 6 J4414
Prtis. silv. thalcrs. — 08 a — 69
7% 3338 Mex. Doubloons. .15 55 ®15 65
35,510 2712 May 17 62 Mar. 8 1038 39% Fine silver bars .. 1 13%3 1 14% Trade dollars
— 99 — 99%
61 168
Jan.
2 190
Fine gold bars
Apr. 13 123
par® I4 prom. New silver dollars — 99^8 par.
182
11,040 1314 July 2 7238 Jan. 3
Dimes
% dimes. 9931® par.
6,635 34i« May 25 66
Feb. 17
Boston Banks._The following are the totals of the Boston
2,000 23i4May 11 48 Feb. 2
3,100 33 May 11 60 14 Mar. 8
banks for a series of weeks past
100 60 May 11 831a Mar. 9
Loans.
Specie. L. Tenders. Deposits* Circulation. Agff.Clear.
23.007 80 May 11 9738 .Ian. 19
*
18S0.
S
»
$
$
t
9,700 2RI3 May 25 48 J.an. 27
June 7.. 141.8?l,900 6,208.S00 2,717.200 54.125.300 81,144,SO0 88.670,704
"
22,200 5II4 May 25 7258 Jan. 27
14..
I41.I79.S00
6,20:!,200
3.«i3,300
W.t75,300 Sl,17i,400 lB,5e7,S87
"
S3,650,06a
June

Tel..| 70.740
Sfi!|j June
llOM Feb. 24
•Lowest price here is tor new 8to=k, sold for first time
June 11.
"-""o".
t Range from Sept. 25.
t Range fiom July 30.

(St

21..

SO.ft'W.aOO
53,87.1.800
3.693.700
.30.664,600
a3.878iliX)
3.978.200
M,70I,800 .30.730.500
4.131,900
:!0.,573,400
4,377,800
53,850,100
5.830,000
Uoreromeat and banks, less ClearinK-Uouse clioclu.

140,837.600

" 28.. 141,880,400
July «.. 113,79(1,100
•
12.. 144,541.600
*

Other thaa

6.115.000
6,078.800

0.30H.(K)0

54326,137
65,016,483

53,23S3W

t

.

.

—
11t.

., ...
.

THE CHRONKJLE.

61

—

«ew ¥ork C'lly Banka. The following statement shows
the condition of the Associated Banks of New York City for th e
week ending at the commencement of business on July 10, 1380
Banka.

Capital.

Loans and

Speoie.

»

$

N«w York

Phmulx

9.000,000
2,000,000
8,000,000
2,000.000
1,200.000
s.ooo.uoo
1,000,000

City

1,000,(100

Tradesmen's
Fulton
Chemical
Merchants* Exch.

1,000.000
800.000

Hanbtittan Co...

Merchunts
Mechanics'

Union
America

Butchcrs'&Urov.
Mechanics' A Tr.

Greenwich

Lcatlier Man'f'rB
Bcvciith Ward...
State of N. York.
American Exch..

Commerce
Broadway

Mercantile...Pacillc

1,00().0(XI

1,000.000
800.000
200.000
200.000
000,000
800.000
HOO.WX)
S.000,000
5,000,000
1,000.000

1.411.900
KUI.dOO
031.700
2.»43.000
SOT.JOO
S.441.00U

31'2,000
112,000

I5.(lM(i.t.0O

4.090.000

11.02 r.HOO

7,'J98.00()

5.MS0.3O0
3.604.100
2.101,000

758.400
771.000
570.000
529.000

North America..

Nassau
Market

&

.

C93„'xXl

1.500

200,500
77.50C
81,900
647.000
1.403.600
514.700

'3,718.000

859.100
690,300
201,200
180,000
2,700
475.200
30.200
685.000
449,000

2.184.',i0(l

tH6.400
,2,840,90lj
'l.70;!.80(J

1.337,900

30i>.000

4,005, 101)
3.570,801)

890,100
170,300

202.500

2.'243,40(;

liOl.20'0
l(i5.30Ci

3,2)4.400

i.n'o.'ooo

9^1,50(1

3.655,10(1

89.500
556.000

130.300
107,000

1. '28:1,900

45,000
5,400

2,721.200

1.242,10c

B90,5(J0

7.1ii9,0lj0

800,000

4C,(1.00li

360,900
1.292.000
225.500
111.800
107.500
78,000
122.000
08.000
284.000
286,500
135.000

2.T,iU,4O0

4;i

1.M0.200

3.2:17,000
4.0.S7,OOU

6.401.100
1.603.100
a,3U2.00«
10,126,900

020.1)00

5.320,000
2.560,800
182,000

lU,'2.-iU.500

H31.700
wio.aoo

,S0.700

Otil.MOO

125.700
3,461,000
1,757,000
502.000
«7»,O0O

15.4:i.S.500

2.000,{K)0

H.sm.ooo

3(10,0(J0

2,504.000
4,640.000
13.'227.00u

2,2 19,400

0,045,800
1.8S5.8U0
1.405.000
1.213,300

2,282,800
104.200
25.000
1»,800
516.40C
613,700

6.84.000

1,840.000
33,500
118.100
83,800
880.100
8.80.000

251,000
449.000
617,000
407,700
115.600

1,800

45,009
208,200
3,900
444.300
445,000
450,000
4.000
781,700

'3.811,000
1.875.400
2,12a.21.K)

1.931.100
2,200.01(1
3,'2!I2,0U0

2,798,700
5,797,101.

1.431,400
3,020.000
21,850.700
18.943.000
599,100
1,017.300
751,400
14,919,400
9,014,000

—

58, g'd, lnt„reg. or
58, cur.,reg
5s, rc«., l-.8'i-1932,

(leb. 78,92
78. cps.ofl
1892-3
Phlla. Wllra.
Bait. 6s, '81 .
Pltts.Cln.4St. L. 78, cou.,l«0C
7s, reg., 19"t'
do
do
Shamokin V,4 Pottsv. .a, 1901
Steubenv.
Ind. Ist, 6a, 1884
Stony Creek 1st m. 78 i907

4

18ri,0iT()

1,0,%.8 )0

2.820,1)00

5.068,000
13,009.000
9,81 .100
970.700

5:jl,o00

200,100
2S4,3o6
810,000
1,486.000
45.000
90,000

450,000
792,000
267.900
2^3.000
180,000

op

102k

Sunb. Haz.

6b, old, reg
do
do 68,n.,rg., prlorto'95
do 6B,n.,rg„18954over
various
do 43,

Allegheny (Jounty 58, coup..
Allegheny City 7s, reg
18, coup., 1913.....
cp., 1413
5b, reg.
68, gold, reg
7b, w't'rln,rg. 4c() 119
do
ilo 78, itr.linp.,ree., '^3-3(1. lOUH
Jersey 68, reg. and coup.
exempt, rg. coup.
do

4

*""

103

.

101

.

Delaware A Bound Brook....
East PenEsyivanla
Eimlra & wllliamBport
pref..
do
do
Har P. Mt. Joy 4 Lancaster.
Huntingdon & Broad Top...
do pref.
do
Lehigh Valley

Morris, boat loan, reg., 1885. 140
SOX
Pennsylvania 68, co'.ir-, 1910.
Schuylk. Nav.lsl m.68.rg.,'97. 91
do
2d m.es.reg., lar. 59H

do 6a, boal4car,rg.,1913
do 7b, boat4car.rg..l9iS BO
Susquehanna 68. couD.. ;9;8.''

oi"

23
81

77

ttALTinOKE.

Maryland

tis, d(;feu8e, J.& J...
68, exempt, 1887
63, 1890, quarterly,.
58, quarterly
Baltimore 68, 1S8I, quart

'3

do
do
do

8M
49M
43
49

Little Schuylkill

103

&

do m. conv. g., r*g.,'94 1()5
103
103«
do mort. gold, '97
do cons, in, 78, rg.,19i: loaji

26
5
39

pref
do
00
GatawlBsa
pref
do
new pref
do

104X

Dela. 1st 6b, rg./Se 83
Delaware Division 68, cp-.^S 90
Lehlgb Navlga. m.,68, rep:.,'B4 106
ilO
do mort, KU., rg

Chesap.

KAILUOAD STOCKS.
Camden 4 Atlantic

93
05
80

113

.

68,

105
105

HI

'9'.(

&

coup
Camden City 6i, coupon
7s, reg. 4 coup.
do
Delaware 6s, coupon
Harrlsburg City 68, coupon

Camden County

118
llSJli
i'r7X,

4

do
Ist 111. 6s, cp.,
do
1st in. 78,
do
con". 8s, :9'J}
Western Penn. KK. 68,
do
68 P. 'k
CANAL BONDS.

10

N.

108

1

PhlUdelplils, 5s reg

do

54 ^
54J4

W.,l8t m„5s,'23,
Sunbury 4 Erie st m, 7s, '97., 115
>yra.Gen.4 Corn'rf,l8t,;s,l905 102
Texas 4 Pac. iBt m ,68, g..1903 lOo
do
cons, ra..6s,g..l905
do
Inc.41, gr , ,8 1915
Unlon4Tltu6v. ;8tra.7B, '9C,
United N.J. conB. m.6s, '94..
103
Warren 4 F. Ist m.7s,'96
115
West Chester cons. 7b, '91
West Jersey 6?, deb.,coup.,'8S 100

108

68, IS-'io, reg., 1882-'92.
6s, In. Plane, reg.,18W

.

*

58,new,rcg.,18Si-ISI05
68,10-15, reg.,HT;-'S2. 100

Pittsburg

2.7M.-I.0O0

3.818.000
276,000
107,300
400,000
6;o.iou
coj.ojo
383.000
1,381,700
23.800

.

do
deb.
do mort., 7s,

BTATK AND CITY BONDS.

20
3d
110

22

do (»W8. m. IS, cp.,I91I.. 109
do cons, m, 7s, rg.,19:i., 110
do con8.in.6s.g.r.l911. 102
ro ten. m. 6», 1903
65
..
do Imp. m. 6<g., 1357...
do conv. 7s, 1898'
20
do
17
78, couii. off,
Phll.4 l!.Coal4lron

PBILADELPHIA.

2,510,»0t'
7.223.0()«

2.30U.b00
2.400.100

750,000
500.000
1,000,000
300,000
250,000
200,000

First National..

Third National
N. Y. Nat. Exch..

3.679 900
2.397.200
1.272.800
880.00O
926,700

2.3ol,H0l'

300.000
400,000
1.600.000
2.000,000
500,000
240.000
260,000
3,200.000

Second Nation'!.
Ninth National..

203,900
278.300
47,u00

500.0(XI

1,000,0(10

Fourth National.
Centra] -Vat

511.000

000.000
1,000.000

500,0(J(>

Mech.Bkf;. Ass'n
North River
Bast River

7Sll,a(IO

S.OOfl.OOO

1,000.000

Tr..

4, 1011. sou

3,077. 10(

S.o,-*

500.000

Continental
Oriental

'2,20:1,700

U.UStl.OOO

8t. Nicholas

Shoe & Leather..
Corn KxchimKe..

4r.i,900

159,0«IO
23I,8(X)

50«

8.639.50(.i

Penna.

4t
15
15

.

120

Vermont 4 Massachusetts..
Worcesler4 Nashua

Bid. Asi,

Phil.* Kead, dcben.. cp.,'^3'
do
do
cps. Oil.
do
scrip, !8j2. .,
do
In. m.7B,cp,18Sl

,

4.118,41X1

2.1104,000

ia,iioo

37
96

il3« 114
Old Colony
Portland Saco 4 Porlsmonth
li3« iiVh
PuUuia Palace Car
RatlaDd. preferred

11,050,000
8,204.000
7,780,800
6,751.000

]«5.5i)l'

359,200
145.100

118

Lowell

.

,2,873,000
10.780,800
2,140.000
.1.180,100

3,175,200
i.ais.ooo

1,000,000
500.000

Citixens*

410.200
271,000
450,900
592,200
51,000
142.000
82,500

la.asi.vot

8.042.100
8.01I.UOO
«.2S2,«00
3.102.000

412.60(1
700.0(K1

IrvlnK
Metropolitan

2,0iI2.4<j0

4i».,100

8BOCBITIIS.

BKOtTBlTIRS.

4

133
Norwich* Worcester
Ugdeu8b.4 L. Champlain ... 28X 27
80
pref..
do

$

258,000

i.siis.iuo

People's

UanoTer

»

4,104.000
l,73«.10O
1.292,000
«S4,200
2,2"«,40M
718.000
4,125.000
450.200
207.h00

4.5:10.500

42a.70O
1,500.000
450.000

Chatham

Importers'

8.001.900
«,«H2,000

1,U4KI.OOO

Republic

Marine

«,li22.000

S(K).000

Oallatln Natlon'l

»

9.002,000

[Pol, XXil.

New York 4 New England...
Northern of New Hampshire

Tenders, than U. 8

.

UO^iroN, P»IIj\»ULIPiIlk, Btc-Ooiitlaued.

Nashua

Average amount of
Net dept's
T * -I

discounts.

Park

—

105M lOS
106 110
106W 108

—

IDS

lOS

108
do 68,;8S6,J.4J
do 68, I89y, quarterly... 119
Nesquehonlng Valley
Bowery National
53H
307.00'J
1.201.001)
102 J<
do 68,park,ls90,y.— M, 113
N. York County..
Norrlstown
871.700
1,439,100
48
114
do 68,1893,M,4S
Germ'nAmerlc'n
2.1.69.400
North Pennsylvania
750.(XXI
110,100
2,208,400
54?^ 64>t
do 68,exeinpt,';13.M.4S, 117
Chase National..
Pennsylvania
300.000
3.268.300
284.000
8,500,100
154,800
13
119^
do 68, 1900, la— J
14
Fifth Avenue....
Philadelphia 4 Erie
lOO.OUO
1,034,400
200,000
26,600
1,544,300
8>v
119>5
do 68,1302, J. 4 J
Putladelpbla 4 Keadng
8X
160>j :62
114
do 5p, 19i6,new
Total
Phlladelphla4 Trenton
80.476,200 293,423,500 70,822,100 19,024,800 290,714,7.* 19,525.800
119
Norfolk water, 8s
Phlla.Wllinlng. 4 Ualtlmore. 69
lOJs
RAILROAD STOCKS. Par.
Vim
Pittsburg TltUBV. 4 Buff
The deviations Irom returns of previous week are as follows
10. 155
Balt.4 0hlo
pref.
do
Co
1st pnf
117
Bt. Paul 4 Duluth R.U. Com
toans and discounts
Inc. tl.844.200 Net deposits
Inc. »7,836,400
do
do pref
2d pr-ef
107
do
Specie....
Inc. 4,(l.-)3,500 Circulation
40,'200
Dec.
Wash. Brunch. lOj 150
Companies
do
N.J.
lem
United
Iiwal tenders
Dec. 1.059.800 1
do
Parkerab'g Br..5()
West Chester consol. pref
Northern
Central
50
The following are the totals for a series of weeks past:
West Jersey
5(i
Western Maryland
CANAL STOCKS.
Loans.
Sp(icie. L. Tenders. Deposi^. Circulation. Akk. Clear.
33ij
Central Ohio
50
^^jg
CbesapeakeA Delaware
35
Pittsburg
Connellsvllle..50
4
Delaware Division
52.2iO.700 16.771,700 247,195,500 2,S,ol»,800 779.9*55,847
nSX- ^••?S'fS'?tS
RAILROAD BONDS.
28>«
Lehigh Navigation
^^,§"--S|3.1»l. '"0 W,771,(JOO 14,673,'200 247,030,100 23,255 100 850 816 S48
60
Bait. 4 Ohio 6b, 1SS3,A.40.
108^
Morris
13,403,900
N. W. Va.3dm.,guar.,'85,J4J 105
Jn-"-?-2',K=S'MS ^-ffiS'SR 12,543,400 247„569,200 23,463,800 722 (!03,38»
do pref
• i2----g*""?'.i,'S
52'g^''K 12,089,700 246.118.800 23.651.900 606.418618 PcHnsylvanla
Plttsb.4 Connell8V.7s,'98,J4J 114
27 ..277,584,-200 48,838,200
242,062,200 23,732,900 5S6;oi4;o73
Northern Central 6b, '85, J4J lOS
1880.
Schuylkill Navigation
6b, 1900, A.40. 112
do
pref...
do
ih
in'"-S^2'??2?!S l?'!'2S'J'''' 12.T23.E00 242,087,100 23,748,600 604,l!)7,043 Susquehanna
do 68, gld,1900, J.4J. 108
246,995,600 23,812 900 657093 2iS0
l?----§4S'«,X'oS M,568,600
^h-i^-SS 15,914,200
,'J.0«7,800
Cen. Ohlo68,l8tm.,'90,M.4 8, 111
BONDS.
RAILROAD
253,731,900
21,635,900
787
728
198
J?---S2'SS'HSS
W. .Md. 6s, Ist m.,gr.,'90,J.4J, 114
17,143,500 257,4a3.700 21862900 743125031
Allegheny Vai.. 7 3-108,1898... 118
tf--"^S'VS?'SS ?MS?'^'S
do 1st m., 1890, J. 4 J... 109
Sl,...2a3.194.500
50.312.800 ]8,586,0(X) 259,675,900 21529 900 772 270 89'.
78,E,eJ[t.,19I0 100
do
do 2d m., guar., J. 4 J
Feb.
114
W.'O'.SWO 2(«404 200 21,6«:200 720;978:Tm
Inc. 78, end., '94. 27>»
do
ll-'-ISi'Si'SlS 51,746,500
Sf'^'fi'S*!
do 2dm., pref
97
ra.,6B,1902,
18,086,000
Ist
113
Dela.
207,128,100
21.599
BelTldere
600
ii---i^-i*S'iP9.
683 4 M 357
-.-,--•?:"
" ~
do 2d m.,gr. by W.C0.J4J 108
15,505,500 271.601,000 21,28;lio
2d m. 68. '8.5.. 107
3dm,,
guar.,
do
6s,
J.
4
J
114
14,168,000 271,012,800 21,17,
Sd m. 6b, '87. 104
do
'92,
.Mar. 4 CIn. 7s,
F. 4 A ... 108
Mar.
Camden 4Amboy 68,coup,'83 losji
do
2d, M.4N
89
68, coup., '89 10o>s
do
JS'-'-^^t'FJ^S HSctSoO ll',652',400 270;38l'.000 20',967;i00 827'80l'S40
do
8s,3d,J.4J
mort. 6b, '89
'112!4
do
i?----^'i^'i^ 5?'it',4SS ;j'^2g''™ 264,538,200 20 976 800 7« 48 uSoi
IBt,
guar,,
Union
KR.
J, 4 J., 108
,^o---^'SSS'TOS Sf^?'-™9 11.272,500 260,310,500 20,995200 644 453 957 Cam. 4 Atl. Ist m. 7b. g., 1^:93 116
Can:on endorsed. 108
do
do 2(1 m. cur. 7:*, le7D,. noyi
1

lllnehlU

:

i

.

108

li5X
1101^

100
1:1
109
70HS

34H

I

Cam. A Burlington Co.

CatawlBsa Ist, 78, conv.,
chat, m., 108,
do

"

15
22
29.

June 5
" 12
" 19
'•

K),391.500

17.'257.100

SSS 6«.8ill.900
fS'S??-SlS
,272,aW,800

l^m-m
2ii6f!9;6o6

r™

,278,8;

258.'323,'o00 2o!572!900
??i.O!5,»9« ?OAmAon
258.320,700 20 304'0()0

EastPenn. Ist mort. 7s, '88 ..
E1.4 W'msport, iBt m^la.'SO. ibV
58,perp,,
do

19 620 (KXt
19 572 000

(W17 ^i>i uQi

Harrlsburg 1st mor',

Tll'i-S'Sr

IU'UimI

H.4

,291,784.:)00
,293.4-28,500

66.168.600
70,822,100

20,681,600

277,770.800
2,8307,8300

WfiU.SOO

2!iS,714,7O0

NOTE.-With December 27 the

droTATiQ.Ns

m umji.

BXCUBITIXS.

20;069.050
19 682 500

6Y6;u8:i!i

Bank disappeared from the

Grocers'

list.

'

philauelpiiia and other cities.

Bid. Ask.

SSOtJRITIRS.

Bid. ABk.

01dColony,7a

BOSTON.
Atoh. & Tcpeka Ist m. 78
118«'119
do
land grant 7b 115J«! ..
do
2d 78
117
118
do
land Inc. 38..

& Maine 7b
« Albany 78

um
112
93

Rutland

69, l8t mort
Vermont ol Canada, new
Vermont 4 Mass. UK., 6s

93H

88
.'

STOCKS

68
78
68

AtchlFon <t Topeka
118
Boston <fe Lowell
At -hi 01 & N'ebrasKa...
82
d.
BoElon & Albany
BOBton t Providence 78
'Boston & Lowell
'v2"
Burl. A Mo., Ianderant78..
115
iBoston & Maine
l,SO
do
NeOr.fis
Ex 109^
Boston A; Providence
do
Nebr.6s
Cheshire preferred. ...
" 48
Conn. & PssBuinpBlc. 7(;, 189i. 0214 ,103
Chic. Clinton Dub. & Mln'.*.
110J4
77«
Kastern, Mass., 4 hs. new
91
81M Ctn. Sandusky <fc ciev ..
Fltchburg KU., 6b
12M
Concord
do
7a
'.'.'.'.'.'
Connecticut River
"
U6
Fort Scott 4 Gulf 78
.'
iosk!..
Conn.
PaBsumpslc
&
70
..
Hartford & Krie 78
4l'-<| *1H Kastern (Mass.)
Kan. City Top. ffi w., is, lat" 118 117
36K
Kastern (New Hampshire).;! 81
"«• '"".
<">
o- ,..1'°.
Fitchburjf
122
K.tlty Lawrence 4 So. 4i. .. 90 I..!'.
FortScoltft Gulf, prrfe'rrej
Kao.clly.st. .Jo.&C. 11. :b.
do
common. 40
_ ,
Utile K'k 4 Ft. 8ii:lth,-8,!6t iii«;iiUK
91. ><
K.C. Law & Southern. Ex.R 72
^ew \ ork 4 New Kug. 78
Little Hock
Fort smith ..
OgaensburK 4 Lake (Jh.ss,, 102 I..
MancheBter & Lawrenc**

plttsb. TItusv.

119

"

'93

.

:

138
51

77T^
'iiil,

'

4B„7s, cp.,'96

Perklomen
.. ..

30

68, rg,'81

76
44Si

do
do

)Bt m.6a,coup.,'ii(

do
"

2d m.,

•

In default,

5

Cou. to

j

117

lol^

U2J^
.

105Ji

.

'48-.I9.

Per share.
funded.

73

(

105
102

102J4
I05)i

+10'
101 ii

105
103

tl02
Laf. Ist in.7a,...t 101
(1.4C.) 1st m.Ts.'SSi
105
+

6s, '83

& Dayton

stock.

4 Xeula stock.,.

Little .Miami stock

LOUISVILIiE^

water stock
wharf 6b

54
122

121>, 122

Louisville 7s
t
do
68,'82to'87
+
do
68,'97to'9>
...t
do
water6s,'87 to '89,1

do
do
do

108

112

6fl,'9i.1
1

lOS-K

105
105
105
105
105

115«
105«
I05j5
103>«
10S}5

1053

spec'l taxes of '89.1 105
103>*
Louisville Water 68, Co. 1607
M.41.l8tm. (l«.\Ij 7b,'8it 100
101
do
2dm. ,7s
1
107« 108M
do
18t m.,78,1906.,..t lu^ 114S

Jeff.

90

.

102",'

11
...

..

..

102.4

..

78, cp.,9<. lllj^l..

,;an.. '77.

m.

125
Dayton 4 Michigan stock.,
53
do
8. p.c. st'k.guar
120

120J4
112
.

Ist

126
112

4

Miami

Columbus

l-20>j

Phlla.4K«ad.lBtm.6s,'43-'44 102k
8(1

do

Oin. 11am.

123
101
117

Indiana

Ind. Cln.
Little

104

PhIla,4Krlel8tm.68, cp.,'8l.
2d jn, 78,cj).,'S8
do
Phla. Newt'c 4N.T..l6tm.

,

r.2
11a

liil

1906
Pennsylv.,l8tm.,68, cp., '80..
gen. m. 68, cp,, 1910,
do
gen. m, 68, ig., 1910.
do
cons. m. 6s, rg., 1905,
do
cons, m. 6b. cp., 1905
do

4

2d m.7a, *i7. ,1
do
Colom. 4 Xenia, IBt m. 7s, '90
Dayton 4 Mich. 1st m. 7b. '8H
105U
2d m. 78,'(i4.+
do
3d m. 78, '881
do
118
Dayton 4 West, lat m., '81...
118>»
ist m., 1905.1
do
lstm.es, 190)
do

76

do

Navy Yard
do
Penn. Co 63, reg

Cln.

....

Scrip

do

.

.

ifc

105

Pa.&N.Y.C.4 RK.7b,(893

.

I

68, '83...

B. T. ist m. 78, gold, '90
l8t m. 78, f J. g.'89 ...
do
2d m. 78, gold, '93. 10^
do
'Min.f .BcrIpg.,7B
do
3d m. cons. 78, '95*. 55
do
Ithaca4 Athena Ist g d, is., 'SO ....
Junctlonlatmort. 6s, '82
'id mort. 68, 1900
do
Lehigh Valley, l«t,68,cp.. 1898 ,...
doreg.,189J
do
do 2 m. 78, reg., 1910. .128
do con. m.,68,rg., 19^3
do
68,tp,,19,;3 ...
do
Little Schuylkill, iBt m. 7s,*f(2 :05
North.Penn.lBtm.68, cp.,'85. 105
2d ra.78,cp.. ;96, 117
do
do gen. m. 78, cp., 1903. 113K
do gen.m.7s,reg.,19OT
" ....
Oil Creek ist m. 7a, coup.
1

Old Colony, 68
„
Omaha 4 8. Western'. 8s*
Pueblo 4 Ark. Valley, 78....

121

.

in

OJO.'.SSO 131
7.3V 534'^3q

19,525.8SS

21.71o,8(X)

3,

l?'i?i''-*'.8/S

114

6s, 1900-1901

271,6as.5(K)

K^i'oiiV-.'S?
6.1,210,100

do

do
Connecting

'^l-'^^s
tic
109
do
''15
-'.'30V".
do
t
Soutli.'RR.'vaisIl }.'
do
do 68, gold, t 125
do
Ul
Uamllton Co,, O., 68. long... 107
7a, 1 to 5 yr8..t
do
105
7 4 7"308, long.l
do
115
Cln,4 Cov, Bridge at'k, pref. 130
CIn.Uam. 4 D. eoas.63, 19 5 + 105
7s, I'JOS t
do
111
2d m, 78, '83 r
do
104
CIn. Uam. 4 Ind„ 78, guar. .1
1(;2

,,

Chartlera Val., lat m.78,C., 1901 106>4
Delaware mort., 6b, various.
Del. 4 Bound Br.,l8t, 7b, IQOG 100'

liWio.joo

i5«W'

Boston
uoston

56()

mijiifw
M-, rii
'^ilAMi

Cincinnati

.

7-i9

mm^
wmS

?^m-m
260;830;000

.;i8.5.9().-).100
(«

10.

790 388

's2.
'88

19110

S?,i2'?,ffi «''?7,?,-A™ s?',^T'?,«!
o^S-S'^-f^, S.]-}!!",-f^
i\'^i*.»0»
^'^^^^'.•}Si 63.192,700 •i2.'221,300

26,

July
••

new 7b

CINCINNATI

6b, '97, 106

I
(

Lonlsv. C.4 Lex. 1st m. 7s. '971
Louls.4 Fr'k.,Loulsv. lu,63,'8!
Loulsv. 4 Nashville—
Leb. Br. 68 '86
t
Ist m. Leb. Br. K*. 7s, '80-85.1
Lou. In.
do
68, '9o.,.t
Jefferson Mad. 4 Ind, stock,
t

And

Interest.

'--^

114>,S

05V
105H 1051
105k 10551.
05S
;o5>. I05?i

103

105

.

July

. ..
..

.

.

,

... .

'

—

1

. .. .

..

.

,

..

THE CHRONICLE.

17, 1980.1

65

QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
U. 8. Bonds and active B'lUroad Stocks are quoted on a previous page.

Prices represent the per cent value, uhatM&r th« par

may

he.

STATE BONDS.
Bid.

8BCURITIK8.

Alabama— ClaHs A

,

2 to 5

.

Ask.

SECtTBITIES.

"mm

Louisiana— 7s, consolidated
MIcHlKan-as, 1883

North Carolina—6s, old.J&J

78,1890
MIssourl-Bs. due 1888 or '83

Mo.Car. UK., J.&J
do
A.4 O
do
coup, off, J. 4 J.
coup, off, A. &0.
do

Clasa A, 8 to 5, small
Class B,Sa
Class C,2to8
Arkansas ft». f undinl
78, I,. Hock & l'"t. Scott l«»
», Memp. A L. Kock UIl
7s. I,. K P. B. A N. O. KK
7», Ml.ts. O. * K. It. RH...
79, ArkanHii.s Ceuiral KR.

—

6s,duelHH0
68, duo 1887
6s, duo 1888
68, due 1880 or

or Univ.,
KundlnK, 1804-05

8H

Hannibal
do

Sl

New

'98

do

Non-runilable

(

TonnOBseo —6s, old

now
new

68.
68.

1868

do

Bid.

Br>utli <'iirollna—
««, Act .Miir. 28. 1880.

•

•

Hcrios

VlrKlna-6«. old
Hh. new, 1H«6
«8, now. 1867

&J
A.40
J.

RR

68, consol. bonds
68, ex matured cou|>on
Bs, consol.. 2d Bcrios
6a, deferred

Special tax, class 1
do
class 2
class 3
do
Consol. 4s, 1910

6s, gold, coup., 1887....
es, loan, 1883.
;.
1891
6a, do
1802
6s, do
6b. do
1893

110

Illinois—fls.coui)on, 18T9...
War loan
Kentucky—Og

BicruiTm.
Rh<*do NIftnd—68,coup.'9S-0

act, 1866

bonds,

Chatham

1887.
roK.,'87

Ask.

Bid.

A.&O

Funding
do
due

St. Jo., 188H.

New York—8«, gold,

78, new
Ts, endorsed
7s, ftold

SZCVRITIXS.
6»,old,

'00

Asylum

Connecticut—<Js
Georgia—6s

Bid.

w«

of (:oliinibla-8-65s. 1024.

1).

Small

Roglwtercd

Ohio—6.8,

Funding 58, 1H99
do
registered

1881

8«,l»i6

loe
103

BAII.ROA0 AND IHISCELIiANEOVS STOCKS AND BONDS.
Ch.Mil.4 St.P.-Contlnued.
Istm., La C. Dlv.. 1893.

Sailroad Stocks.

—

{Acttre previously quoUd.)

Albany i Susfiuenanna
Boston 4 N. V. Air L., prof.
Burl. Cedar Kaplda A No...
Cedar Falls ,t Minnesota..
Chicago & Alton, prof
Cin. Ind. St. I.. 4 Ohio
Clev. & Pittsburg, ifuar....
DubuQuo & Siou.x City

4 Kokomo
Harlem
liul Bloom. 4 Western
Xntorn'l & Gt. Nortliern....
Keokuk & Des Moines

istm., 1. 4 M', 1807
1st m., I. 4 »., 1800
iBt m., C. 4 M., 1903.
Con.
sinking fund, 1905.
108>» 106M
2d mortgage. 1884
1st m., 'fii, 1.4 D.Ext.,1908
62H
S.-west dlv., 1st 6s, 1000
1st 5s, LaC. 4 l>av.. 1010
IstSo. Minn. dIv.Os, 1010.
S70
Istm., U. 40., 7s. 1010. ..
Ohio. 4 Northw.— Sink, f 'd.
.

Krankrort

do

do

180M
i29

pref.

Louusv. N. Alb. & Chicago..
Memphis & ChurieHton
Metropolitan Elevated
N. Y. BlevHted
5111
N. Y. New llavon & llartf 162
N. T.lOntari.. & West., pref,
Peoria Decatur ,t Evansv.
Pitts. Ft. W. & Chic, guar,

do

do

4

93

do

do

Del. Lack.

do

trust certif.
.

Warren
Hiscellniieons St'ks,

Adams Express

159
101
US!.* 114

Araericim Express
United States Express
Wells, Fargo 4 Co

57H

48

106

American Coal
Boston Land ('<>mpany
Boston Water Power
Canton Co.. Baltimore
Caribou Consul. Mining
Central Arizona Mining
Central N. .I.Land

Imp

.Mining

3UTer Cliff Mining
btandard Cons. Gold Mining

2d mortg., ext'n 5a. 1010.
3d mortgage, 79, 18H3
4th mortgage, 78, 18S() ....
5th mortgage, 7s. 1888
Ist eons, gold 7s, 1020

—

Long Dock bonds
Buff. N.Y.4 E, 1st

Boat.II. &Erle— Istm..,
1st mort., guar

Waco 4 N.,
2dC., Main line, 88
2d Waco4N.,88

62

Oljt

.

A

Chic..

Det.Mon.4 T.. 1st. 7a.'I006
Lake Shore Dlv. bonds

105«
106)^

lis'

Miss. Kiv.Bridge.lst.s f,69
Chic. Bur. 4 y.—8 p.c, Ist
Consol. mort., 7s
120}i 121
59, sinking fund
*100
Chic. Kk. 1.4 P.-6S, cp.,iei7
9». 1017. registered
117 '120
Keok.A Des .M., 1st, g., 5s. 97
985<
Central of N. .T.— 1st m., '90.
1st consolidated
do
assented. 103>J 103>2
.

m

Convertible

do
assented
Adjustment. 1003

idSM

LehlghAW. B.,con.,g'd..
do

assent'd

Am. Dock 4 Impr. bonds.
do
assented
Chlc.Mll.4St.P.-lst.Hs.P.I)
2d mort.. 7 3-10. P.I).,1K!)S
1st m.. 7a. » g'hl.U.I)..10l)ii

_

•

Prices nominal.

t

109

".'.'.\

110),l

....

107K 107K

Erie4 West.— 1st Bs.

Mun.— Isi 6s.

1019
1019

lO'SJ,

6s, 1900

112

110
133

no

:ls;<(ll8^;

2d mortgage,

inc.. 1011

U. 4 Cent. Mo.. 1st., IWW.
Mobile 4 Ohio— New m.. Os.
Nash. Chat. 4 St. L.— 1st 7s.
«. Y. Central—6s, 1888
68.1887
Ba. real

And accrued interest.

»

estate

No price to-day

4 T., 1st mort.
Alton 4 T. H.-lst m.
2d mortgage, pref
Cairo Ark.

do

;

4

income
So.

C—

III..

56 ><
80

4

46"

109

Con. mortgage, 78

equipment

78,

._.

CouBolldated Sa
Stock

Galv.Houa.4 H. —'78. gld,'7
Gr'nd R.41nd.— l8t,7s.l.g.gu
1st, 7s. Id. gr., not
Ist. ex. I gr..7s

so"

guar...

«3

17M
108)i

135«
124

120
108>«

105

80
80
50

90
90
55

106

113

05
30

70

100

69
15

"

7
do
"B"
N.y.AGreenw. L.— lBt,7B, n. 42)«
16
do
2d
N.Y. 4 Oswego Mid.— Stock
Convertible bonds
New Jersey So.— 1st 68. new 84
70
St. Joseph 4 PacitJc— lat m.
3S
2d mortgage
1T«
St. Jo. 4 Western atock..
10
St.L.4 S.E.— Cons., 7s, g.,'W
lie
St.L. Vandalla4 T.H.-lsf
104
2d mortgage, guar
South Side (L. 1.)— Ist mort 08
102
Union 4 Logansport- 78.
00
LJ. Pac— South Branch
.

88k

{Broken'

So.Carolina— Con., 69 (good)
95
New imp't cons
Texas-69, 1892
M.4S. +108
100
111^
7a, gold, 1802-1910
J.4 J. + 1IIW
iOSM 104H
7s, gold, 1004
J.4 J. H12^4
110)4
40
Virginia- New 10-403
107"
J'ast-due Cnttpons.—
101>i
104

.

107^

I07Ji

90

40

109
100

(Jvotattons.t

117)ii

wiuho3

1
I

87
76

STATES.

85
101

9
90
20

Sonthern Secarlties.

tio

103«

90

110«

100

.

Kanaaa 4 Nebniaka— 1st m
2d mort
Long Island- Ist mortgage.
Mldlandof .V. J.— 1st, 7b, g.

105

8S
108
100
80

Indianapolis

Income,"A

ids"

m., '^ tioo
103

,

90

Istm

4 Pittsburg— Ist

.

Tennesssee State coupons.
South Carolina consol
Virginia coupons
consol. coupons...
do

Tol.Peo.4W.—

1I2X

10

96
105

112H
113)S
40),

20

40
10

20

86

RAILROADS.

Pur. Cora, rec'pts, lst,E.D
mortgage. W. D
Burlington Div
1st pref. inc. for 2d mort
1st

100
100

100«
lOOH

T.4Wab..

107H

2d mortgage ext.. ex coup
Equipment bonds, 7s, 18^
Consol. eonv.. 7s.
Gt. Western, lat m.. ex cp
do 2d m..7s,'93,ex cp
0.4 Tol., Ist. 7s,'00,excp.
111. 4 So. la.. 1st m.7s,ex cp
Hannibal 4 Naples. 1st 7s

119'/

105
100

'79.

l9t ext.7s

lat St. L. div.7s.ex mat.cp,
ll7Hil

West. Un. Tel.— 1000, coup.
1900, registered

Spring.V'yW. Works— Ist 8s
Oregon R. 4 Nav.— Ist, 68..
INCO.ME BONDS.

i

106

1108

106

....

.MobiloA O.— 1st pref. debcn
2d pref. debentures

3d
do
4th
do
N. Y.T.akeK.4W.Inc fls.1977
Ohio Central— Inc.. 1920,

these are latMt qwtatlone

U6

115

4 Col.—78, Ist m.

guar

7s.

A Aug.— 2d. endors

.Macon

Mem nhis4 Cha'ston- lst,7a
7s

2<1.

Stock
Mississippi Cent,— Ist m.,

2d mort., 8s

115H

4 Tenn.— lat

Miss.

mortgage.

lat

96)*

78« 80
75

"

S9«

SO

8a,

m., 8s,

B

A

4

Jack.s.- 1st m., 8a...
Certiticatc. 2d mort., 8«...

N. O.

CoI.Chic.4Ind.C.,inc.79.1890
Pent. Iowa coup, debt certs.

I

Stock'.'.'.'.'.'.'.'.'!!!!.!!!!!!!!!!

Greenville
'.'.'.'.

ChlcSt.I,.4N.O.-2d m. 1907

111

78

2d mortgage, 7s
Kaat'l'enn.A Georgia—6s.
^^
E'l'enn.A Va.-6s,end.Tenn
!;oi
K. Tenn. Va. 4 Oa.-lst, 7b.
no (112
Stock
102>s 102J( Georgia RR.— 78

Central of N. J.— 1908

111^4,
i»i'<:

A.— Cons.,

lOHit
103>^

I

107

.

lOSJiS

Stock
Chari'te Col.4

K.C 4 N.R. E.4

Ind'8B1.4 W'n— Inc. 1910,
Ind'a Dec 4 Sp'd. 2d Inc.
Int.* Gt. Nortliorn— 2d Inc
Leh. 4 Wilkes B.Coal-188h
105k; 105m Lake Erie 4 W'n— lnc7s.'09
«5-Xi H5« Laf. B1.4 Mun.-Inc 7. 1809

no

06
113
107
103

Omaha

WH

loow

Atlantic 4 Gulf—Conaol.
Cent. Georgia— Cons. m.. 78

ids"
R.,7s
~
iuiw!iio.><
Div.. lat mort.,
491
Clarlndab..«9, 1910....
Viii
St.Chas.B'dge.Lst, 7s. 1908 ;!07K'l07)i
North Missouri. 1st m., 7s 116^,118
St.L.

102H
lOOH

sill

Ala.AOhat.— Rec'rs ctf8,var

Istpref. inc. for consol.

Wab. KR.-Mortg.7s of

109 >-:

Ist mort., sterling

MO.K.4T.— Cons.ass..l004-e

9^H\ 95«

.

St. P.4 Sioux
1st Bs.lOlO
'
St. P. M.
Manit'a— lat,
2d mort., Ms, 1009

100
100
100

Manhattan Beach Co. 7s, '98
N.Y. 4 Man. Beach l9t79,'07 Jld2'
Marietta 4 Cin.— lat mort
Metropoiit'n Kiev— Ist. 1908
Mich. Cent.— Cona., 7s, 1002
1st mort., 8s, 1882, s. f.

m

mort
Cairo 4 Fulton, Ist moft
Br., 1st

St. L.

103>.:

Equipment bonds

107

....

i.

Laf. B1.4

C

lOS
101

107' loe

lstm.,g'dL. S. AM.S.,78
Denver Pac— Ist, 7s.ld.gr .,g

4 St.L.— Ist, 7s
2d mortgage
lOSK Indianap.4 vine— lat. 78, gr
07

Chic 4 I. C, 1st con.
do
2d con..
do lat Tr't Co.ctfa.ass,
do 2d
do
ass.
do Ist
do
supp]
8t.L. Va.4T.H., lat g.7s,'l)7
do
2d 7s. 18(18
do
2d gtd.78. '08
Rome Wat. 4 Og.— Con. Ist.
Arkansas

llOH

....

lOSJi

Col.

4 Iron Mount'n- lat
2d mortgage

do
cons, coup., 1st 120}i|l21K
do
cons. reg.. 1st..
....klB
do
cons, coup., 2d.
115^116
do
cons. reg.. 2d
Loulsv.4 Nash.—Con8.m..78
2d mort.. 79, gold
Cecilian Branch, 79
Na.shv. 4 Decatur, 1st,

Erie

1905

St. L,

85'

.

;i'l4'

1000

Istm.

108>«
104>4

il08
115

37H

.

4 Mo., 1st m., guar

St. L. .lack.

120

new bonds

Cleve. P'ville 4 Ash.. 78
Buffalo 4 Erie, new bds..
Buffalo 4 State Line. 7s.
Kal'zoo 4 W. Pigeon. 1st

65H

37

91Ji

123
107

Belleville

idOH

7s

Chicago 4 Altou— Ist mort.
Income
Sinking fund

4

107

04 Ji
110

94^i

leo
108

A

Pennsylvania RR—
Pltts.Ft.W.4 Chic, 1st m.
do
do
2d m..
do
do
3d m..
Cleve.4 Pitta., conaol., s.f.
104-4
do
4th mort...

K. lll.-S. F.c'y 1007

Cin. A Spr.— 1st. C.C.C.AI.,7a

.

Vl3'4

4

36
00
80

»0
Income bonds
Chic St.P.A M'polls-lst.Bs :o«
loou
Land grant Income, Bs.
Clilc.ASouthwest.- 78, guar 104S
Cin. I.afayotte 4 Ch.— Ist m

118M 117
lOOM

gr't. reg,
iBt Construction, Os, 1930.

113H

Ind., 8. t., 78.
Tol., sink. fund,

do

S.|i\,2d Bs.class
do
S-89. class

100
100

105

119

with cp.ctfs

Income and land

Ind'y. 7s

Ill.Cent.— Dub.4Sioux C.lat

Cleve.

1st ni,7s, IhOlJ

6s, gold, series B. int. def.
69, currency, int. deterred

and

Lake ShoreMich S. 4 N.

41

Iowa City 4 Wust'n.lst

Inc.

lOiU

4

4

113M 113^ Evansv. A Crawfordsv. -7b.
119
119X Flint 4 Pere M.-Ss, I'd gr't

1st consol. Bs
ra

Bs.

Chic.

98K
112H

112

HH. of Mo.— ist

Consol.

llli>t
llOilj

7s.,

Ind. Bl'm 4 W.— 1 st. pref. 7a
1st mort., 79. 1000
2d mort.. 1909
Ind's Decatur 4 Sp'd 1st 7s
Int. 4 Gt. North. l8t0s,gld.

Ohesap.4 O.— Pur. m'y fund

m

107H

8VH\ 00

1st mort.,

106)i

do
3-fl8. claas B,
do lst8a,Pelroe.C40
do Equipm't 7s. '05
South Pac. cf Mo.— 1st m. 102« 106
Texas 4 Pac.-Ist, 69, 1005..

105

N.Y.L.E.4W..n.2d.con.,8s

Dub. 4 Sioux C, 2d dlv...
Cedar F.4 Minn., Ist m..

Bur. Ced.lt. & North.— Ist.Ss
Minn.A St. L.. 1st. 7s. guar

7s.

llOM

1104tjl22

. .

stock Exchniiffe. Pi-icet.
Bait. 40.— 1st (ta.Prk.b.1019

2d

St.L.

RAILROADS.
Atch.4P.P'k-78,gld

117

2d mortgage
Income, Ts
iBt m.. Cnrondelet Br.

m., 1916

do lst,con., f, cp.,7a
do 2d,con.,f.cp..5s.6s
Han. 4 St. Jos.—8s, eonv
H0US.4 Tex. C— 1st. m. l.,7s
1st mort.. West. Dlv., 79..

Railroad Bonds.

ChicJigo, 1st

do

7s, '04 tii'oji
'94
lllK

19r

f...

162k

l8tm..6s. '96,
do
Den. Div. Bs ass. cp.ctf.
Paciflc

84
00
100

112

Pac—

Ist m., Bs, '95.

(Uroktra' Quotation:)

N.. Y Alr-1,,— Ist m.
112k ii8« Chic.4('an.So.— Ist ra.,g.,78

88ii

88
74j<

..

Miscellaiieoiis List.

Boat.

Sinking fund
Regiatered. 8s
Collateral Trust, 6e

Kanaaa

'ts,

— lat mort.. extended.

.

N.V.AStrnltsvilleCoal4Iron
Ontario Silver .Mining
Oregon Kuilway 4 NaT. Co. S!!8
Pennsylvania Coal
200
Pullman Palace Car.
S1I4
Quicksilver
lOJ.;
do
nref
60

4

Reg.

Erie

il6
!17

.

do

110«
lOB
too
103

.

«6

Excelsior Mining
Gold 4 Stock Telegraph.
Homestake Mining
I34X
La Plata Mining
Leadville Mining
Little Pittsburg Mining ...
14
Mariposa L'd 4 Mining Co..
do
do pref.
Maryland Coal
Montauk Gas Coal

Louis'a

113«

m

Coup.,

100^
u'oji

Paciflc bonds..
South. Pac. of Cal.— Ist m.
Union Pacific— Ist mort..
Land grants, 7b

110

02;s

127

100

accum'latlve

Int., 6s.

103
Bs,
f'd

(>hio

extended

do
do
do

....

t...

.

reg., '7s, 1917
do
Albany 4 Susqueh., 1st m. 110
*10.j
do
2d mort
do
1st con., guar lis
RenB.4 Saratoga, Ist, coup
Ist. reg.
do
Denv.4 H.Grande— 1st, 1900
01
1st cons. 7s. 1910
do

Consolidation Coal of Md..

Joliet

2d mort.

Ist Pa. dlv., coup., 7b,

Cumberland Coal 4 Iron

Central Iowa,

..

do
con.,g'd.
1st
.
Del. 4 Hud.Canal— 1 st m, ,g^
Ist mortgage, 1801

106X

Climax Mining
Colorado Coal & Iron

Deadwood

4 W.—

Syr. BiL gh.

4 Warsaw.
RR. 4 Canal

107«

Mortgage

Itoledo Peoria
J.

m.

St. P., 1st

2d

127

7s. lOOf)

N. Wlaconain— 1st, Bs
Nevada Central— lat m.

101

'78.

Pacllic

Dnited N.

Caniida South.. 1st, int. g.
Harlem, lat m., 7s, coup.
do
1st m., 7s, reg

N.Y. Elevated— lat,

convertible
102H
lao
79, 1907
4 N. Y., 1st, 78 131
Morris 4 Essex, 1st
112
do
2d mort
bonds, 1000
do
const ruct'n sids'
do
7s of 1871 <113
do

Stonlngton
Terre Haute ,t Indianapolis

Texas 4
do

4 Mil., 1st

C. St.L.4 N. 0.- "Ton. Hen 7s
Ist con. 78
C. St. P. Minn.4 O'aCons.Os,

pref.

112
idsjt

Weatern

2dm....
do
C. C. C. 4 Ind's— 1st, 78, 8. t.
Consol. mortgage

.

108
103

Peninsula, 1st m., eonv...

Winona 4

spec'l.

Saratoga

116W
lllS

Peoria Dec A B'vllfe— Dies,
8t.L.I.M.4S.-lBt78.prf.lnt,
1S8>» 129

.... 128W
do
lat m., reg.
Buds. R., 7s, 2d m., 8.f.,'Si ioo« r.ow

bonds
Consol. bonds
Extension bonds
1st mortgage
Coupon gold bonds
Registered gold bonds
Sinkmg fund
do
registered..
Iowa Midland, 1st m., 8s.
Galena 4 Chicago, exten.
Chic.

Rome Watertown 4 Ogd
St. Paul 4 Uuluth

N. Y. Central— Continued.
Ofl. BUbacrlption
N. Y. C. 4 Hud., lat m., cp.

..

*....I114
t....lll4

4 Mlss.-Consol. s.
Consolidated
2d consolidated
123«
1st m., Springfield div ...
Ohio Cent., 1st m.. Bs. 1920
110'< Peoria Dec. 4 Eville, 1st Bs
1
117X!117« Pacific llaiiroadsU7M117X Central Paciflc— Gold bds
San Joaquin Branch
Cal. 4 Oregon, 1st
120
State Aid bonds
105«
Land grant btinda

Int.

Long Island

Rensselaer

.

114«l

Norfolk A Petersb.— 1st,
Ist mortgage. 78
2d mortgage, 89

46" 4^k Northeast..

S.

Ss.

C— l9t m.,8s.

60
6S
64
60
63
78
43

65
70
06

Dan.— l8t consol-, 68
Southw. Ga.—Conv., 7s. '86.

ns'

S.

31

i

mortgage. Ss

Stock
Carolina RR.- ist m..

78«

Stock..

45

79, 1902,

SIX

Non

*32H:
73
is"
49

made tills week.

'2d

Rich. 4

non-enjolned
mortg. bonds

West Ala.— Ist
2d

mort... 89.

Western

nicirt.,

No qsoUlloii today;

65

m

85

105
100
96
95
I0«
75
119

no

+98'

lOS
100

ida"
106
105

26

29

100
lOB
129

108
10s

+98
108

108
119
lis

106
100
100
106
127
117
102
lOS

09
103

—

6

8«

100
108

116
106
98
100
100
103

7b.

guar

N.C— 1st

50
103
108
83
100
95
00
90
105

129

110
100

70
SO
110
110

118
118

m..7s...

lateet lale this

wee*.

..

.

, .
.

.

.

'

THE (CHRONICLE

66

NEW YORK LOCAL
Bank Stock
Capital.

CovPANisn.
Mark'd ihut (;
are not Nst*.

SECURITIES.

tiint.

Insurance Stock
[Quotations by U. 8.

I'lTIDISDB

\mount

8>

—

100

Sowery
Broadwar

,

,) .

M.&N.

202,000

Central

Cbase

IW7.X)
4:f4,80l)

8ao,ao(<

4BO,000
800,000
600,000

Ctiatham
Chemical
Citizens'

City

Commerce
XastKlTer

11th Ward
Fifth
Fifth ATenue'.
First

Fourth
Knlton

.J.i^OO.OOu l.Otil

600,000

eallatin

1

Oerman Am.'

,000.000
750,00(i

200,000
200,000
iOO.OOO
,„„„

(Herman Each,
.

141

iia

IJ— J.

30G I.&J.

May.

100,000
600,000

7!5co

.J

....

ji .

Oriental*
People's*

.

.

20,1.000,000
501 IIH.IUO
100 1,500,000
Bt. Nicholas... lOOl EOO.dOO
Seventh Ward. lOW 300,000
Second
lOffl
300,000
Shoe & Leather 100 500,000
Sjtth
100 200,000
State of N.
100 800,000
Third
100 1,000,000
Tradesmen's.
40)1,000,000
Union
50 1.200,000
west Side'..., 100 200,000

Y

S

1

The figures

&

'BO. 3Si
'SO. 3J<
'80. 4
'80. 4

,

,

J

,

'80. 2ii
"79. 2>,
•79. 3

.

.

8«

I.&

J.

,
,

J.

& J

,

U.<!CN.

.

J.&

,

J.

J.S

J.
J.

,
,

.!.& J.

,

,

Q-F.
I.&
I.&

J.&

,

,
,

7H.O0O F.4A,

,

135 600

,

58,b00 ,iV&J,
123 500 J.&J,
173,200 J.& J.
„
40,300 J.& J
273,500 .M.&.N
192,000 J.&.l
279100 .J.* J

.
,

3

'SO. 3>4
'80. 4
'80.
'80. 4
'HO. 354
•80. 3
'74. 3^1

80. 4
'SO. 3J«
:.

3
5

'8

,

'80

,
,

M.&N

.
,

in this column are of date June 11, 1880, for
12, 1880, for the State banks.

3Ji
3lJ

'8'.1.

3

3^

'SO.
'80. Si4
'80.
'80. 6
'80. 6

an

the National banks

Gas and City Railroad Stocks and Bonds.
(Oas Quotations by George H. Prentiss, Broker. 19 Broad street.!

Gas Coupakiks.

Par.

Brooklyn Gas Light Co
do
„
Barlem
Jersey City

26 2,000,000
20 1,200,000

Co iBkhn)

Citizens 'Gas

boids

l.COO

50
20
50
100

& Uoboken

Manhattan
IfietropoUtan

do

V

ct:rtlticateB

Mntual.N. y
do
bonds
Nassan, Brooklyn
do
scrip
New York

„

FdOPle's (Brooklyn)

do
do

do
do

Central of

bonds
Certificates.

New York

2S

Va

do
bonds
Metropolitan, jtiiuoklyn
Mnnlcipal
.;
do
bonis
FnltonMuDlclpal

50
50
1,000

1,000,000
1,500,000

'iob

l,6OU,0OOI

mortgage

Broadway & Seventh Ay.—St'k
1st mortgage
Brooklyn City— Stock
Ist mortgage
Broadway (Brooklyn)— Stock ..
Brooklyn & Hunter's Pt.— St'k
let mortgage bonds
Bushwick Av. (B'klyn)— Stock.
Oentral Pk. N. & E. niv.- Stock
Consolidated m(jrt. bonds
Christopher & Tenth St.— Stock

Var.
Var.

May,

I.& J.

July,

'8(i

Jane.

'SO 101

Ju

'cO

1882
2}4 Feb.,

M.&N.
.VI. &N.
I. * J.
M.&N.
J.

&

yay,

yo 60
'80

65
39

35

Ian.. '78

39
100

.35

1897
July, '80

98
75
Au<.,'79 50
Jai.. '80 70

J

O

1900
100
July, "SO 60
July, '80 175
18»S
105
).
70

M. &N.

4N.
.1.

Q-J.
I.&D.
Q-F.

75
10:)

June, '80 xlOl 102

F.& A
Quar.

145

160
395
145
105
80
104

1.^0

190
June, '80 142

Quar.

900,000 J, & J.
694,000 J.« J.

column shows last dividend on stoeto,

Feb.

85
6J
75
lOi

I

66
180
110
80

Broadway.]

*

.

I

18

21

102
9S
July. '84 103
105
«** May, '80 180
170
7 Nov., '801102 110
3 July, •SO 140 150
V.
Apr., '80 95
100
7
1888
102« 105
?V. Ju'y, '80 90
100
iuly, '30 li6
2
100
7
Dec.1902 lOSii 112
2K Feb., '80 70
7
ISOO
95
100
3
May, '80 119 !«
7 June
110
115
a July
160
175
1
lau..
100
110
6
May,
160
175
7
Apr., '93 110
115
25
30
7 Nov'.iwil 100
103
"
20
.Inly, '94 98
7
101
2M July, '80 62)8 65
7
Apr , 'b5 ino
7
May, '88 97!^! 100
7
Bept..'8:( 9->i|100
6
.Miiy. '77 125
Jwfy, •Od 110
7
115
5 May, •eo 180 !175
7
July,^90 lOISi 106
4
Fcb,,'S0'll5
120

Ju

all

llabllllles,

I63.42il

17«

130,25)
2,725
112,401
108,151
544,412
73,858

18

14

lOW

10
20
20
20
20

10
20

5
25

18

y. •FOi

Jfiy. '80. 4
July. 'SO. s

120

Ju-ie, '80.10
Ft-b., '80. 8
lu'y, •80.10
July, '80.10

1K5

10-72 10
12
11

Feb.. 80. 5
Iuly. '80. 5

130

N'ne

July.

20

'77.
Iuly, •80.

10
18
12-50 13 40 13-65
20
20
IS
14
10
10
1<9,155 15
10
1S«.8.'!3 15
15
15
68.9)0 12
10
8«
76,147 12
11
11
130,442
7

l6"
22

876,>-e8 io
7o2,7.i4 30
118,251 20

9<

July,
Apr.,
July,
feb.
J"ly,
July,
July,

10
14
10
30
7

200

190
190
190
117

•20

5

66

4

103

2:0"
110

123

'80.6-92 ISO

-W 100
80. 3>S 95
'80. 5
105

'80.

100
110

7«

120
80.
'80 3>i 90
5

100

.ijly, '80. 6
July, '80. 5

145

•90.

July,
July.

137
•SO. 5
110
•80. 5
.Iuly,' •SO, 7i» 250
inly. •80. 3
80
luiv. '80. 5
ISO
July, '80. 5
l-iS

12«
20
10
10

80
Jan., 80. 5
130
.Ian., '79. 3>j 55
Julv, •80 5
lOO
July, •80. 5
90
July, '80. 4
60
'uly. •SO. 5

10
8>«

Mhi',, •80 5
Iuly, 'hO.IO

10
20
S

.lau.. '80.
July, •80.

14
10
10
13

•luli, •80.

5
5
5

July,
July,
July.

4
6
4

•80.
'80.
'HO.
.iuly, •80.
Iuly, •80,
July. •80.

5
12
10

20
20
10
13

In

y,

80.

Juiy,

•80.

Ju

•8...

y.

10
15

Fej.,

12

'80.

135

170
50
110
100
85

o

12

8
20
12
20

120
115
155
100
150
110

jnlyi '80. 3'«
Ju,v, '80. 7
ipl
•80, 4
iuly, •80.10
Ju y, •80. 6

lib
110
206

Jan.,
July,

ISO

.

12
10
10

July,
Jfly,
July,

8«
20

100

70
141
120

105
90
ISO
140
105
160

5
8

60

6"

1-^5

170
90

8J

6

July, '»0.
July, 80, 7
July, •80. 5
Juiy. •80 5

10

20

160

10»
160
120
70

85

108

•.•0.10
•80. 6
'80. 5
•80. 6
'80.

an

105
120

113

75
70

85

150
55
Feb , •80 3
10
O-IS uly, •80.6-23 125
103
July, '80. 5
12

130

J^n., •80.10

S^

Fei)., •80. aji 70
115
'u y. '80 5
100
July, '80 5

10
10

5
5

120

July. '80.10

203

11

July,

10
30

Jan

,

'80.
•80.

70
180
'so

120
105
1?5
110

t Surplus

Including re-lnsarance, capital and scrip.

Cltr Secarities.
IQuotatloks by Dilsi^l A. Moras. Broker,

9iU

7 Mnv '<w in«i 112
but the date of maturtt/of 6on5i7

Pine Street.]

JT

Bonds

Mouths Payable.

XtW York:
Keb.,

184i-«3
Water stock
Croion waterstock.. 1845-51.
..1352-60.
do
do

Central Paik bonds. .1S53-57.

00

do

..1853-65.
1870.

Dock bonds

do
Market stock
Impr>vementstock
(.0
do
Consolidated bonds

—

U75.

1863-48.
1869
18t9.

do
do
Consolidated
Westchester County
Consolldatel
Asses ment

%'

var.

7

New

,

[(Jactations

ArooAitfn— Local
City bonds

do

in,

7

var.
var.

do
do
do

1884-1900 112
May & November.
Feb., May, Aug.& Nov. 1907-1911 118
108
1*8
do
(*o
1895
115
do
do
122
1901
May & November.
115
1898
1894-1897 118
May & NovcTiber.
107
1889
do
do
115
1890
do
do
115
1901
do
do
107
1888
do
do
102
1882
do
do
115
1896
January & July,
122
1894
do
do
107
lfl'i«
Qua'-terly.
102
1884
May & November,
'

r^em^l-

Ja lUary
do
do
do
do
do

Pirkbonds
Water loan bonds
BrldKe bonds...
Water loan
City bonus
Kings Co. bonds
do
do

.

ds

&

1

New

July,

lo
10

do
do
do
do
November.

January & July.
do
do

Bridge

•AllBrooklyn bonds

.10

May

Park bon^s

100

1880

1890
105
188S-1,S90 104
1884-1911 106

by N. T. Bkkrs, Jr., Broker,

..

due.

May Aag.& Nov
do
do
do

tiTOton Aqued'ct8tock.l865.
pipes and mains. .
do
-10
repervoir bonds

street imp. stock

,Ian., "fO
^ J'ly.lOOO

7
2
7

Over

115
87
105
75

60

F.& A.
Var

1,000 1,500,000
10 2,000,000
1,000
300,000 .M.&N.
100
200,000 Q-J.
100
400,000 A.&O.
1,000
300,000 J.* J.
100
500,000 J. &J.
100 1,800,000 Q-J.
1,000 1,200,000 J.4D.
100
650,000 F.&A.
Bonds
1,000
250,090 J.& J.
100 1,200,000 Q F
BtT Dock E.B.4 Batt'ry— Stock
Jstmortgage, consolidated . 500&C
000,000 J.&D.
SJightb Avenue— Stock
100 1,000,000 Q-J.
Ist mortgage
1,000
203,000 J.&J.
4i3d St. & (}rand St. Ferry-St'k
100
748,000 M.&N.
Ist mortgage
1,000
236,000 A.&O.
Central Cross Town— Stock
100
600,000
Ist mortgage
1,000
200,000 mISn.
HoOBt.Wcst St.& Pav.F'y— St'k
100
250,000
1st mortgage
500
500,000 J.* J.
Second Avenue—Stock
100 1,199,500 J.&J.
3d mortgage
1,000
150.000 A.&O.
Consol. convertible
1,000 1,050,000 M.&N.
Extension
^OO&c.
200,000 M.&B.
Sixth Avenue— Stock
100
7,50,000 .\I.*N.
Ist mortgage
1,000
600,000 J.* J.
Third Avenue- Stock
100 2,000,000 Q-F.
Ist mortgage
1,000 2,000,000 J.&J.
Twenty-third Street— Stock.
100
600,000 F. ftA.
i Ht mortgage
l.nofl
260.nno M.* N
•'Itais

•SO 108

)00
'78 70

y,

IS
10

Last Paid.

Includes scrip.

.lui-e, •^0

M &S
n.&s

Orast. Broker.

100 2,100,000

Feb;,
1898

J.&,T.

760 000 M.

100
1,000

Bid.

* _

4.&0.
f.&A.

1,000,00(1 A.fc

100
100

[uiiotatlons by H. L.

Bleecker St. * Pul t. Ferry— St'k

.

100
10
IjOOO
Var.

VUUamsbarg

Ist

r.

100
1,000

815,000
1,850 000
750,000
4,000,000
2,600,000
1,000,000
5,000,000
1,000,000
1,000,000
700,000
4,000,000
1,000,000
800,000
300,000
466,000
1,000,000

20
20
20

10
200,000
30
200.000 343,749 40
22,9'J8 10
100
200,000
I'^O 806 20
15
150,000
1^«
Hanover
50
500,000 885.945 10
51,536 10
Hoffman
10
50
200,000
10
Home
100 3,000,000 1,3*.785 10
4,089 10
10
Hope
25
ISO.OOO
116,815 12
10
Howard
50
500,000
7S,«-i2 12
10
Itnporters'& "T.. 50
200,000
6,48^ 13
10
Irving
100
200,000
10
lefferson
30
200,010 290,776 10
193,014 20
10
Kings Co.OKn) 20
150,000
4,938 10
5
Knickerbocker 40
280,000
134,907 20
i
Lal'ayette(Bkn) 50
150,00c
97,880 10
10
Lamar. .
100
200,000
31,104 10
10
Lenox
25
150,000
16
Longlsl.'UknjI 50
200,000 253,53;i 20
34 ,'202 10
10
Loi-lllard
25
300,000
182,909
12
Manur.& BuUd. lOO
12
200,000
140,928 20
10
.Manhattan
250,000
100
20
Meoh.&Trad^rs' 25
200,000 238,186 30
20
Mech'lC8'(BRu) 50
150,000 1611,090 20
38,832 10
10
Mercantile..
200,000
50
16
Merchants'
200,000 159,702 20
50
12
Montauk (Bkn) 50
200,000 109,951 18
147,011
20
20
Nassau (Bklyn) 50
200,000
101,513 14
10
37l| 200,000
National
20
N.Y. Equitable 36
210,000 316,395 20
14
200,000 la0,185 17
New York Fire 100
N'ne
20,068
N. y. & Boston 100
200,000
N'ne
1,065 lb"
300,000
New York city 100
11
Niagara
500,000 5;'',468 12
50
108,
10
'.48 11
North P.Iyer.... 25
350,000
80
Pacific
200,000 399,052 20
25
12
Sa,73< 20
200 000
Park
100
20
Peter Cooper... 20
150,000 190,013 'iO
12
200,000 103,739 18
People's
50
487,0-'6 20
16
Phenix
50
1,000,000
10
43,577 10
200,000
Kellef
50
5
26,725 10
800,000
Republic
t 100
20
200,000 175,334 20
Kutgers'
25
10,841 10
200,000
St. Nicholas
25
090
12-35
623
189
200,000
Standard
50
121,591 17^
500,000
Star
100
28,619 10
10
200,000
Sterling
100
187,0.'S4 16
14
200,000
Stay vesant
25
102,389 20
10
800,000
Tradesmen's..., 25
12
250,000 815,455 16
United States.. 25
121,502 10
10
300,1100
Westchester... 10
20
443,695 20
•250,000
Wllllamsbg C
50
*

Date.

Amount. Period

475,871
8J,5l5
388,940
300,404
198,417

^

4
4

,

,:

and of date June

5
3
3

'80. 4

12i,9.0 J.'& J

711,if.O

sa

'hO.
'80.

2^

,

J.
J.
J.

'W.

'80.
'80.
'80.

.

J.&J.

!.&

3

'80.
'80.
•80.

I.*.I.

F.&A

'80.

1,000,000
1,000,000

50
25

1877 1878. 1879.

'

an

,'ro

7

.J.& J

1

Phenix
Produce*
Bepnbllc

,

M.'&ii.
«J

300,000
_. 422,700
1002,000,000
25 412,500

Faciac
Park

.1

.1 .

3,000,000
100,000
1,000,000
2,000,000
200,000
300,000
750,000
"00,000
240,000

S. y. CoButy..
N. Y. N. £xcti.
Ninth
No. America"..
North RlTei*.

j".

&A

.M.&N.

300,000

..

NassH'it*

New Ycr

.1 .

1,000,000

.

..

Murray UUI*

.»

I.& J.
I.& J.

400,000
500,000
.„.,
Mechanics*
25 2,000,000
Mech. Assoc'n. -- 500,000
Mech'ics & Tr. »„ iOCOOO
Mercantile
100 1,000,000
Merchants'. ..
50 3,000,000

Market

—

.

F.

,

1

300,000
200,000
200,010
200,000
204,000
150,000
200,000

10

..

Globe
Greenwich
Gnardlan
Hamilton

3
7
4
3
5

DlVIDRNDS.

1880.'

4>6,.',7»

1,000,000

FrankllrjAKliip 100

5
3

an

&
j; *

Firemen's Tr

2H

•80.
'80.
'80.
'80.

25
25
Broo'ixlyn
17
ClWsens'. ...1 20
City
70
Clinton
100
Colombia
30
Commercial ... 50
Continental., t 100
Kagle
40
Kmplre City.. 100
Ii^xciiange
80
Farragut
60
17
Firemen's ...

German-Amer. 100
50
Oermanla

4

1,000,000

2,05(1.000

Merchants' Ex.

an

80.

.

Leather Manuf.
Manhattan*
Marine

Metropolitan

,

«'.&n!

-.Ou

B

•80.
'80.
'80.
•80.
'80.

tir.'.joo

17

'80
'SO.

so. 3>j

ESH.O"!! 1.& J.
'
1,500,00' J 2,<'«u',200
I'.tCl
500,00')
15-1.810 .1
.1

Hanover,.... ..
Imp.A Traders'
IrrlnK
Island City" ...

Metropolis*.

,

M.&N.
\.& O.
81800 r.& A.

87l).8O0
754,0011

OO.MOJ

400,000
200,000
300,000
200,000
153,000
300,000
210,000
250,000
300,000
200,000

Bowery
Broalway

74.100
189.800
3,3*' 1 ;oo
i;o.4oo

1,000,000 l,4K3,'>0u
2,904.100
1,000,000
a(''^,400
1,000.000 922,600
250,000
70,300
100,000
ia,;oo
180,000
4d,8l)0
100,000 2SB.100
500,00Ci 2.184.700

Oonllaental....
Corn Kxch'ge*.

,

American
f 50
American £zcb lOO

J.&J
&J

s, 000,000

....

Qermania*
Greenwich*

J.

.*J,

!I00.000

100
•- 3,000,000

8.^

J

A

I.

25 1,000,000 l.«;2.500

Botchers'&Dr.

&

!,6Wd00

Pme Street.J

Jan. J,

Amount

Par.

1.445,0')0

List.

Broker,?

Surplus,

COXTAHIBS.
America'
Am.Ezcliange

Baihy,

Net

Bid. Ask

Last Paid.

Period 1878. 1879.

XXXL

[Vol

101
106
109
120
125
120
109
116
125
116
120
108
116
118
108
IPS
116
128
109
103

St.]

lf80-1SS3 102^
18r>3-1891 107
!915-19'J4 130
1900-19-24 128
1904 19l2il29
18S6-1902;108
1881-1890 103
1880-18X3 iii6
1880-18851114
19-24

,119

1907-1910 118

108
118
132

130
131
110
112

HI

116
121
120

fiat.

[Quotations by C. Zabriskii, 4;

Jeruy GUy—
Watei loan .long
1889-71,
do
Improvement bonds
Bergen bonds

Montgomery

St.,

January & July.
January & July.
It J. and J & O.
Janu.try and July.
3.

Jersey City.]

lg?5
1899-1902
189;-91
1900

101
119

102

105
100

106

UO

101

:

Jtot

17,

i

.

1

:

THE (mRONJCLE.

18W.J

expiration of the contrtict,

%nvizstmtnt$

February, April, June,
August, October nnd December, and farnis/ted without extra
charge to all regular subscribers of the Chronicle. Single copies
are sold at $2 per copy

aBNERALi INVESTMENT NEWS.

Die.,

INDEX SINCE JUNE SUPPLEMENT.
is an index to all reports iiuil Items lierelotoro pulpInvestment Dopartincnt of the Ciikonicle since tlic liwt
issue of tiio iNVKSTOus' Sui'I'LKMknt; annual reports arc iuaexe<l in
black-faced typo
AntliracitcCoalFicld8.lv. 30] 674 IIannil>al & 8t. Joseph
20
Anthracite Coal Tr.'ule
20 Houston & Texas Cent. (V. 30) 675
Atoh. Toi). &8an. Fo
43
Lake Shore & Michigan So
20
Atlantic Miss. & Ohio
20, 43
45
Atlantic it North Carolina
44 Louisville & Nivshv
LoiUsv. N.Alb. & Chic. [V. 30] 675
BostuQ & Albany
44
4.t
Boston Harlforrt & Erie
44 Metropolitan Elevated
20
Boston Iloosao Tunnel & Alb.
20 Michigan Central
44
Brooklyn Elevated
44 Mineral Point
Brooklyn & Montauk...(V. 30) 674 IVashv. Chat. & St. L.. .(V. 30] 675
20
Canton Company of Baltimore 43 N. Y. Boston & Albany
45
Central Iowa
20 New York City
20
Chesap. & Deca. Canal.. (V. 30] 674 N.Y.LakeE.
Cbicano i Iowa
44 N. Y. West Shore & Chic. V.30) 675
Chic. iMil. & St. P
44 North Carolina State Bonds... 45
Chica/io & Northwest.
V. 30) 674 Ohio&Mi88...(V. 30]67.'i, 20,
46

The following

Atchison Topcka

. .

&W

CIRCULAR NO.

Owensboro

Nash

(V. 30]

675

Pacific Railroads

Philadelphia
Pitts. Ft.

W.

& Read
& Chic

4(i

674
46

Portland (feOgdcnsburg
<luincy Missouri & Pacific
St P. Mluneap. & Man
Springfield & Nort heastem

I

45
45

Flint & PercMar(|uettc.(V. 30] 675
Galv. Houst. & Henderson
45
Gray villo & M.attoon
45

Texas &

Wab.

20

21,
.(V. 30).

ABufTalo

Pittsb. Titusv.

.

Pacific

[V.

21
21
21

44
30] 675

St.L.& Pac

21
21

Western Union Telegraph

ANNUAL

REPORTS.

Nashna & Lowell.
{For the year ending March 31, ISSO.)
Up to Decfimber 1, 1878, the road was worlied jointly with the
Boston & Lowell under a contract, by which the earnings were
divided, 31 per cent to this company and (59 to the Boston &
Lowell. Since December 1, 1878, the road has been worked
independently.
The balance sheet, condensed, is as follows
:

gtoeif

$800,000
200,000
313,000

gon<l8

Notes payable

unclaimed interest and dividends

1

May dividend

,5 J

6

28,000

Contingeut fund

_

1 45,9

Total

Road, etc.
Boston freight house,

$1,488,458
$808,14:)
286, 1 49

etc., interest in

Materials and steel rails

78,826

Advanced to Manchester <& Kecne RR
33,333
Cash and receivables
Ib2,000-$1,488,458
Bills payable increased $100,000 during the year and a new
issue of $200,000 bonds, to fund the floating debt, has been
voted.

The earnings were

as follows

:

Passengers
J?^'S>it,-

Mall and express

^

Total

Expenses

Net earnings

The

disposition of net earnings

Net earnines, as above
Rent of hall, etc
Total

1879-80.
$159,745
218,744
13,433

$189,297
230,070

$391,923
231,771

$133,518
298,932

$160,152

$134,585

was as follows

1878-79.

14,150

:

$160 15"
'.///.///////.'.'.'.'..

,,

Interest on debt, less interest reoeived
Rent of Wilton RR
Rcntof Si ony Brook RR

Paid for use of Peterboro
Dividends, 6 12 per cent

3,745

$163

^
.

$i 8.45
14 130
22'll8
34 365

. . . .

RR

8*i7
'
'

52.000— 141,964

Balance to contingent fund

$22,832

The company is now putting down 800 tons of steel rails,
will make the main track all of steel.
The Manchester & Keene Road has not been opened, and is
now m the hands of a receiver, who is trying to put it in (rood
which

o

i-

./
t>
condition.
The validity of the Peterboro lease is still in dispute. After
paying full rentals and all charges, the road earned 9 per cent
on the stock.
The report says : "Finding it impossible to obtain from the
directors of the Boston & Lowell RR. Co., any recognition what-

^y °^ ^y y""'' authority for a restitution
of your quota of past net earnings under
ine joint tratfac contract (withheld by the Boston & Lowell
Company.or to procure their consent to arbitrate as to the quota
or steel rails to which your road had become
entitled at the

*ni.°
Of
the large
1

*^

rapidly-

Tbo Marion

&

MoPhorsou branch has bccu completed

(30) miles.
llic Cowley Sumner
twenty-five (25) miles.

ta

Iauqs thlrtv
'

4 Fort Smith has been extended to Caldwell
The Manliattau Alma & Burlingame will be finishp.)! this summer.
•
The Pueblo & Arkansas Valley Railroad U belug puslied forty (40)
miles to the (ioal fields near Canyon City.
The New Mexico & Southern Pacific has alrcivdy reached one hundred
'

.

and eiglity (I.SO) miles beyond Las Vegas.
To complete the construction of our branches in Kansas alouo will
require a million and a-half of dollars.
Besides this expenditure, in order t<i do our work cconoinicalJy and
profitably, wc iiiiist iiicrciuw our rolling stock as rapiitly as pobsilih', lay
additional side tracks, build stations aud eating houses, engine-houses
and machine-shops— in short, meet the demands of the trartic which

comes upon us.
Our gross receipts were in—

First
six months.

1878
1870
1880

$1,508,577
2,753,017
3,704,353

Second
six months.

$2,422,291
3,628,425

4,2»5,«47

Tear.
$;J,95«.868

6,381,442
«8,000,000

' Estimated.
And this without taking into account the probal)le business which 200
miles of only partially finished roiul, much of which is not yet oi>crated,
will give us.
The very rapidity of the growth of the Atchison Road and the corresponding increase of the receipts require us to furnish at once the facilities which are generally called for only after many years of successful

business.
The directors,

having in vicwtliat the road has, including the branches
owns, only a little over .$16,000 per mile of stock, and believing that
there is a reasonable prospect of its being able to pay eight per cent on
an increased capital, consider it for your interest to make the necessary
investment in as conservative a manner as possible; aud they propose,
in order to meet the wants of construction, not to increase the debt, but
to make au issue of stock at par to the stockholders, to the amount of ten
per cent of the present capital.
Proposal.— Thii company offers to stockholders of record at the close
of business, July 24, a number of shares at par equal to one-tenth of the
amount standing to their credit on the books of the company, payable
in four iustalmciits— Aug. 14, Sept. 1, Oct, 1, Nov. 1, 1880.
This stock will be delivered wiien paid for in full. Receipts will be
given on account of partial payments. The Assistant Treasurer is
authorized to allow 5 per cent on any prepayments after allotment.
The holders of New .Mexico & Sontheru Pacific sliares, under Circular
it

48, who have agreed to exchange them for Atchison Topeka <& Santa Fe
shares, under Circular 50, wUl be allowed to subscribe for their projiortion.

Fractional or other rights can be assigned in a foi-m which can be
obtained at the otlice.
Any shares not taken Aug. 10 will be subject to the disposition of the
Board. By order of the Board,
T. Jefferson Cooliikje, President.

—

Boston Hartford & Erie. In pursuance of the plan to
overthrow, if possible, the former eale of this road in foreclosure, a bill in equity has been filed in the United States Circuit
Court for the District of Massachusetts by William T. Graham,
a native of Inniskillen, Ireland, and the owner of 500 shares of
stock of the Boston Hartford & Erie Company. The bill claims
that the Boston Hartford & Erie reorganization was invalid, as
also the Berdell mortgage. At the meeting of stockholdei^s in
New York, July 15, the report of the committee previously
appointed was adopted. The report advised the uniting in the
prosecution of the Glrahara suit to set aside the sale under foreclosure of the Berdell mortgage, and. for the purpose of raising
money, proposed an assessment of 25 cents on each share of
stock. It was agreed that books of registry should be opened
next Monday at the office of President Roonev, No. 3 Pine
Street, and that the period of ninety days from that date should
be allowed for the registry and transfer of the stock. The
proceeds of the a.ssessment will be received and expended by the
committee previously appointed.
The Supreme Court of Massachusetts decided on the 8th
that the Berdell mortgage bonds of the Hartf'jrd & Erie Railway are exchangeable for stock in the New York & New Eng-land Railway after some of the interest coupons have been paid.
The bonds in suit are of the i^sue of $5,000,000 of what are
known as the guaranteed bonds. The N. Y. & New England
Co. claimed that it was not required to issue stock on bonds
where the coupons had in part been paid, there being some
$500,000 of these interest coupons paid.
Buffalo & Southwestern.—A despatch from Buffalo, July 8,
said that the directors of the Buffalo & Southwestern Railroad
had leased their road to the New York Lake Erie & Western
Railroad Company for a term of ninety-nine yeai s. Concerning
this, the Buifalo Commercial Advertiser publishes the following
statement from the officers of the company
" The announcement made that the lease had been consummated was premature. The facts are simply these: A suggestion, ill the nature of a proposition, by the New York Lake
Erie & Western Company, has been made to the Buffalo &
Southwestern Company, looking toward a lease of the latter
coinpany's
..1 directors
u,l
the
...^ boiird
v...=>..— of the
ivau. A
.ri meeting
m.^.-.^ of
mcc^.^e of
-...^^a,vn road.
Buffalo & Southwestern Railroad was held at the company's
office in this city yesterday to consider the proposition, and
the whole subject matter was referred to the Executive

—

:

°*'^*'

amount

company has

93.

-1(1

Pennsylvania RR.(V. 10) 675.

&

Delaware & Hudson Canal
44
Denver A Rio Grande
44
Denver South Park & Pacilio.
45
Detroit* Butler
[V. 30] 675
Eaetern(Ma»B)
Evansv. & Terre Haute

.»

railroad

Boston, July 7, 1880.
Since the report of your President, which came down to Dec. 31, 1S79,
the mileage of your gcueral system of roads has coutiuued to Increase

[

. . [

& Santa Fe.—This

issued the following circular

lislied in tlio

Chic. St. r.M.&O (V. 30] 67.5, 20
Chic. R.I. & Pac
(V. 30]. 673
Cin. Uam. & Dayton. ...IV. 30] 667
Colora. a)al
Iron Co-[V. 30] 675

recently iiutitated legal,

fit."

The Investors' Supplement contains a complete exhibit of the
Funded Debt of States and Cities, and of the Slocks and Bonds
of Railroads and other Cjmpanies. It to publi-hed on the last

—

we have

proceedings to determine your rightH in these respect*. We had
delayed action in this matter so long before taking this step
I hat our delay
was imputed to a want of confidence in the
claim, rather than to desire to reach an amicable adjostment

STATE, CITJ AND CORPOBATION FINANCES.

Saturday of every other month

67

,

;

:

THE (;hkonicle.

68
Board, with power.

It will

be some days yet before a

—

Cairo & Tinccnnes. This railroad, which has been in the
hands of a Receiver, has been reorganized under the name of
the Cairo & Vincennes Railway Company. Articles of incorporation of the new company have been filed with the Secretary
of State. The capital is $5, .500,000, and the corporators are J.
Pierpont Morgan, Anthony J. Thomas, W. P. Halliday, Eoswell
Miller and Samuel P. Wheeler.

Carolina Central.— The stockholders of the Carolina Central
Railroad (recently sold under foreclosure of mortgage) met and
reorganized at Weldon, July 14. David R. Murchison, of Wilmington, was elected President; General Wm. McRae, General
Manager, and V. A. Johnson, Superintendent.

—

,

now made.

Denver Sontk Park & Paclllcr— Despatches announce the
completion of the Denver & South Park Railroad to Leadville.
Greenville & Columbia.— A despatch from Columbia, S. C,
July 9, to the Charleston News and Courier, says " It is reported that the persons in New York and elsewhere who bought

Total

:

July

15,

& Columbia

Llahillties,

Railroad, on April 15, for $3,963,400,
of that amount, due

will in

$3,157,246
320,000

loan accomit

Net assets
Capital stock
Aasets

make the payment of one-third

and the road

XXXI.

:

Chicago & Alton. The Board has decided to extend until July
20 the option given stockholders of subscribing for one share of
new stock for each ten shares now held, under the circular of
April 6 last. This extension is made with the provision that
interest at 6 per cent from May 20 shall be paid on all subscrip-

will fail to

Vol.

ro's office,

town.

the Greenville

I

by choosing for President Mr. Navarro and for VicePresident Mr. Arthur Leary. The Executive Committee are:
George J. Forrest, Chairman ; A. V. Stout, Jose F. Navarro,
John Baird, A. M. Billings, William R. Garrison, Arthur Leary,
Fausta Mora and John JT McCook. The inspectors of the next
election are Messrs. Mortimer Ward and William Tobin. The
Herald says that after Mr. Pullman had started for Chicago,
leaving General Horace Porter to vote on 5,000 shares in the interest of the Pullman- Porter-Field party, Mr. William R. Garrison entered the company's office with a scratched ticket and
voted that ticket on upward of 11,000 shares; and the count
showed that the 11,000 shares had defeated Messrs. Pullman,
Porter and William Adams, Jr., and elected in their stead Mr. A.
V. Stout, President of the Shoe and Leather Bank, Mr. Fausta
Mora, of Paris, and Mr. Arthur Leary, one of the directors of
the Shoe and Leather Bank. The result was a surprise to the
party represented by Mr. Pullman, General Porter and Mr.
Cyrus VV. Field. The exhibit made at the meeting waa merely
a statement of the cash assets, as follows
Cash in Shoe A I^eather Bank
$22,074
Cash in First National Bank
12,126
Cash with Drexel, Morgan & Co
287
United States Government 4 percent coupons
1,006,000
United States Government 48, reg
536,250
Metropolitan Elevated stock, 5,000 shares
500,000
Manhattan Elevated stock, 5,000 shares
150,000
Manhattan call loans through J. F. Navarro
600,000
Metropolitan call loan
42,450
General expense account
32,435
Sundries
95,000

final

decision will oe reached."
The road crosses the Western Division of the Erie at Dayton,
and connects with the New York Pennsylvania & Ohio at James-

tions

—

:

consequence be re-sold."

Manhattan—Metropolitan—New York Elevated.—Negotia-

$2,837,246
$3,900,000
2,837,240

$162,754

Deficit

" These figures," an officer of the company went on to say,
"show a seeming deficit; but with all that there is to come in
from unadjusted accounts, to say nothing of the value of
our charter, we shall have enough to make our balance sheet
even, and any advance in the securities held by the company
must add just so much more that does not appear in the

tions for an absolute consolidation of the elevated railroad companies of this city have been in progress for the last week or two.
The Tnbune reports that "a committee, consisting of Cyrus W.
Field on the part of the New York Company, and of Commodore C. K. Garrison on that of the Metropolitan Company, was
appointed at a recent meeting of the Manhattan Board.to arrange
a plan of consolidation. This committee has not agreed, it is
understood, upon all the conditions of the proposed union,
although there is only one opinion in regard to the necessity
of it. The principal cause of difference between the members
of the committee is the basis on which the stocks of the companies
shall be exchanged for stock of the new corporation. On this
point the members of the committee have been utterly unable
to agree, and the settlement of the problem will be left to the

report."

New York Pennsylvania & Ohio
Western).

—The

following statement

Gross earnings
Expenses, rentals and

charges

all

is

(Atlantic
for April:

&

Great

1880.'

1S79.

$85,825
327,045

$330,812
335,415

Surplus or deficit
Sur. $85,825
Def. $1,603
Board, which will meet again on Tuesday.
This shows a net gain of $90,428 in 1880. For the four months
" Since the two elevated roads were leased to the Manhattan ending April 30 there was a net surplus over all charges of
Company, a little more than a year ago, there las been a con- $382,187, against a deficit of $61,044 for the same period in 1879.
stant struggle between the companies for the control of the
central organization. Although the lines have been practically
Northern Pacific. The Treasurer informs us that the stateunder one management, the directory has been divided upon ment of earnings and expenses of the Northern Pacific Railroad,
many questions exactly according to the original interests. The published in the Chuoniclb of July 10, on pages 33-34, was injealousy between the companies has been increased by the correct. This was published as one of the floating newspaper
inequality of the present earning capacity of the two systems, reports, which required some sort of notice, although belonging
and by the fact that one company the one that was earning to a class of news that is often inaccurate.
the smaller revenue— was forced to add largely to its bonded
Ohio & Mississippi. On la.st Saturday the suit of Wm. King
debt in order to complete its line. Under the terms of the
lease to the Manhattan Company, the funded debts of the two w. the Ohio & Mississippi Railroad was argued before Judge
companies, as well as the capital stock, had been equalized. In Drummond in Chicago. Several months ago two bills were
addition to these difficulties, the Manhattan Company has failed filed in suits against the Ohio & Mississippi Railroad, one by
to earn suiBcent revenue to pay the guaranteed dividend of 10 Wm. King, praying a foreclosure of the mortgage on the First
per cent on the capital stock of the two companies. The July pay- Division of the road, and the other by the Springfield Division
ments drew heavily upon the small surplus fund accumulated bondholders, in order to secure a judgment lien, and praying
during the first five months under the lease before it began for the appointment of a separate Receiver for that part of the
the payment of interest and dividends. A failure to meet these road. An application was also made on the part of the Recharges would result in the dissolution of the lease unless ceiver for an order to pay interest on the main line first mortsome modifications could be agreed upon.
It
has been gage bonds. The Springfield Division bondholders opposed the
difficult
to
unite
the
opposing interests upon any granting of such an order, for the reason that, by the report of
reduction of the guaranteed annual dividends, and in conse- Special Commissioner Howe, it appeared that the administration
quence it has been proposed to consolidate the companies of the receivership had been unjust to them, and that, thereThe
fore, this money should be appropriated to that division.
It is believed, however, that the proposed union, even if
the
directors should be able to agree upon the terms, will arouse Judge refused to appoint a separate Receiver, and reserved his
considerable opposition among the stockholders of the different decision as to the other points.- New York World.
companies. The consolidation of parallel roads is forbidden
Pacific Railroads. A brief summary of the opinion of the
by a State law, and some of the stockholders claim that this Attorney General, in regard to the right of the United States
law will be used to prevent the proposed union."
Government to withhold the earnings of the Pacific railroads
Marietta & Cincinnati.— The earnings for the fiscal year on Government transportation, was published in the Chronicle
to July 1, and from January 1 to July 1, were as follows:
a few wei'ks since. The following details of his opinion, given
in the form of answers to the questions asked him, will be of
T-ital for fiscal year to July 1
$2,013. 1 (iV
$1,521 ^Sm interest
Total lor current year trom January 1
900,879
687,192
"1. Shall all compensation due for transportation services
New Yorli Lake Erie & Western.— Following is the report rendered for the Quartermaster's Department over those porof earnings for the month of May and for eight months
of the tions of the Union and Central Pacific Railroads which were
nscal year
built by aid of Government bonds be withheld ?"
1880.
„
A. Yes. The second section of the act of May 7, 1878, chapter
^ 1879.
$1,3.50,573
$1,592,544
Inc..
$241,970 96, expressly declares " Sec. 2. That the whole amount of
w,.,SiS''"''""*-''
Working expenses....
l,064,78(i
972,435
Dec
92 3,51 compensation which may from time to time be due to said
Netcaniiugs
$285,787
$620,108
Inc..
$334,321 several railroad companies, respectively, for services rendered
From October to May, inclusive
for the Government, shall be retained by the United States,"
This act was intended to change the preetc. (20 Stat., 58.)
1879-80.
„
^ 1878-79.
$10.49.5,352
$12,0.57,029
Inc.. $1,561,077 existing law, and could hardly be made more explicit.
S."S?>''"""*^Working expenses.
7,487,739
"2. Shall full compensation be made for all transportation
7,097,578
Inc..
209;.838
services rendered for the Quartermaster's Department over
Neteamings
$:i,007,012
$4,359,451
Inc.. $1,351,838
portions of road owned, leased, controlled and operated
New York Loan & Improvement Co.—The New York Herald those
by said Union and Central Pacific Railroad Companies which
reports that the new directory of the New York
Loan & Im- were not built by aid of Government bonds, or shall all comprovement Company, organized for 18i0-81, in Mr. Jose F. Navar- pensation due for such services be withheld ?"
full

—

—

—

j
I

—

.

:

:

.

. .

.

—

:

2

THE CHllONKXE.

JtTLY 17, 1880. J

69

Debenture loans
Delwiicure and fcunrantce

1(112,250,200
A. Though the Supreme Court held, in the United StateH
scrip...
against Kansas Pacific Railway Company (99 United States, 4r)5i, De))eii. anil K<>ar. fravtion'l nerlp. $3,29rt,ftO.'i
.1,104
that the bonds issued to that corporation are n(jt a lien beyond Pckiunicnm.guiir. gl'U$or*i(cilv
J)!i,180— 3,400,n09
the 100th meridian, nor is the company liable for 5 per cent of
ilct)entiire debt
Total
Sl'/O''! 100
its earnings beyond that point, yet, in the following case
.'.'.'.'.'.'..'.'.'.'.
LoaiiM^ilmylklll Jf»yl){atlon Company
•/,.'i7H,'2,')0
United States against Denver Pacific Hallway Company (99 EaHt PcniiBylvunia BR. Co. bonds, duo' 1888.
495,900
United States, 4(50). the Court, in a note, based its exemption of Blllx jiayalile and loans, irieluilinx advaucca,
witli option, ou ;f»'iicral luortf^axo bon«U
*n,DOO,074
the road from liability to have its compensation for ttovern(ThcMp debtn prlrulpally Kcouicd by Kcncral
ment transportation withheld upon the fact that the company
inortjrago bond.i, income MiurtgaKu Iwndi)
(Denver Pacific Railway Company) was not indebted to the
Riid otliiT HtockH and bonds owned by tLc
C'ompan.y.)
United States. The Central and Union Pacific Railroad Coml.S.TC.O
panies, owning, leasing, controlling, and operating the branches Waxes certlUeatcs
Material certlfleates
67K,oa2
referred to in this inquiry, are mdebted to the United States
Total floating debt
upon subsidy bonds. In this state of the decisions, I advise the
$10,254,700
retention of all compensation to these roads for services npon Due to couueoting roads account
current bnsincHS
$491,469
such branches, so that the question can bo judicially deter- Dub to lc:i8e<l roads uud canals acmined.
count rental
R29,522
"3. Shall all compensation dne for transportation services Unpaid wages
793,038
Unpaid
coupons
and
interest ou
rendered for the Quartermaster's Department over that portion
loaiw and dividends
120,359
of the Kansas Pacific Railroad 393 1.5-16 miles which was Taxes due ('ou)iuon wealth of Ponusylvanltt on gross receipts
built by aid of Grovernment bonds, or only one-half of such
81,214
Taxes duo Commonwealtli o£ Penncompensation, be withheld '?"
sylvaulii ou capital stock
33,997
A. All compensation should be withheld over the ^tire length Debts duo by tlie comiiauy for maof this road, under Revised Statutes, section 5,260, still in force,
terials, &o
739,273
Dividends of prior years of Sclmylwhich declares
kill N.1V. Co., payable in scrip
5,91
" The Secretary of the Treasury is directed to withhold all
Advances acct. freight & tolls, ifec.
21 1,727 - 3,.309,515— 13,504,282
pajTnents to any raih-oad company and its assigns, on account Sinking rami loan, 1836-82
$lt>0,070
of freights or transportation over their respective roads of any Credit liiilanceof iusurauce fundi--.. 3S5,.'J09
405,.5G(i—
9o7,140
kind, to the amount of payments made by the United States fcir SiincUy cn-iliis
(Tliese entries made f or the puri>08e of bookinterest upon bonds of the United States issued to any such
keeping; they are not a casli liability.)
company, and which shall not have been i-eimbursed, together Sinking fund loan SchuvlklU Nav. Co. iiupr't
bonds, due Nov. 1, 1880
228,000— 1,185.140
Tvith the 5 per cent of net earnings due and unapplied, as provided by law."
$92,851,321
"4. Shall any part, and, if so, what part, of the compensation Capital stock— Common
!(!32,720.375
Preferred
1,551,800— 34,278,175
due for transportation services rendered for the yuartermaster's
Department over that portion of said Kansas Pacific Railroad
$127,129,498
244 miles which was built without aid of Government bonds

—

—

.

—

be withheld ?"
A. For reasons indicated in

my

reply to your second question, I think all ci^mpensation should be withheld as to this
portion of that road, as well as to that in aid of which bonds
_

issued.
i'our fifth question states that the Kansas Pacific and Denver Pacific have been consolidated with the Union Pacific, and
asks if payment for services over these lines should be withheld
and applied to the debt of the Union Pacific.
A. As stated in the second answer, the compensation should
be entirely withheld, until otherwise directed by the Court,
because the Kansas Pacific Railway Company is indebted for
interest paid by the United States upon its subsidy bonds
(R
S., sec. 5,260.)

"6. Shall all compensation due for transportation for the
Quartermaster's Department over those portions of the Sioux
City & Pacific and Central Branch Union Pacific Railroads,
which were built by aid of Government bonds, be withheld, or
shall only one-half of such compensation be withheld ?"
A. All ; because derelict in payment of interest. (R. S., sec.

BOXDED DEBT AND INTERK8T, MAT 24, 1890.
Outstanding Of cons, mortgage, June 1, 1871,
Amonnt.
Inlerett.
principal, $25,000,000 •
$24,180,500 $1,584,380
Six per cent $ or iimpr'tmort. 1873-971
9,3«4,00<)
561,840

$33,553„")00 $2,146,220

Six per cent gold $ or * gen. mort., 18741908;
Seven per cent $ gen. mort., 1874-1908 (not
issued but outstanding as collateral)

19,686,000

1,181,160

5,01 0,000

350,700

Outstanding of gen. mort. of July 1, 1874,' principal, $CO,000:000 ;
$58,249,500 $3,678,080
Seven per cent $ income mort. loan, 1876-96.
2,454,000
171,780
Seven per ct. $ income mort. loan, 1S76-U6 (not
Issued, but outstaudmg as collateral)
7,540,000
528,220
.

Debenture loans
Six per cent debenture

.

and guar,

scrip
Do
do
do
(fractional)
Six per cent general mort., gold, $ or £ scrip..
Si-s p. c. Perk, mort., guar, gold $ or S. scrip ...
Bonds and mortgages ou re.ai estate

$08,249,500 $4,378,080
12,250,200
828,343
3,298,565
197,916
3,164
1,741,620
104,497
99.180
5.950
1,91 6,252
1 14,975

Total bonded debt, includ'g imissued bonds,
as above

$87,558,482 ^$5,629,765

5,260.J

"

Shall any part, and, if so, what part, of the compensation due for transportation services rendered for the Quartermaster's Department over lines owned, leased, controlled, and
operated b^ said Sioux City & Pacific and Central Branch
Lnion Pacific Railroad Companies, which were not built by aid
from Government bonds, be withheld 1"
A. All for reasons indicated in the second answer.
(R S
_

7.

;

sec. 5,260.1

Xone

of these corporations appear to be affected
by the act
the compensation of roads which received grants of
land upon the condition of a free use of the road.
Of course
considerations additional to those above suggested
would arise
as to any such company.
relaiting to

Philadelpliia

& Reading.—The

rtjceivers

of the Philadel-

& Reading made a report, Friday, July 9, to the United
btates Circuit Court, of the condition of the Railroad
and of
the Coal & Iron Company on May 24th, the date of
their
appointment. The report gives three separate statements
for
the RaUroad Company and two (the same as the first
two
for the Railroad) for the Coal & Iron Company. The first
shows
the amount of debt and liabilities outstanding, the second
the
annual interest charge on the bonded debt, with the amount
of
interest falling due each month, and the third
the lease
rentals and other guarantees. The receivers are
unable as yet
to furnish any information with respect to the
assets.
In the
foUovv-ing the receivers' returns have been
condensed, without
omitting any essential details.
phia

PHILADELPHIA & READING EAILRO.VD COMPANY.
LIABILITIES MAY 24, 1980.
Consolidated and prior mortgage loans
$24,189,500
Six per cent, gold, $ or S.. improvem't mort.,'i873-97
9,364,000
Ken. m., 1874-1908. $19,686,000
,«"'"
,A„
II-..
(An additional $.),010,000 of this loan is outstanding as collateral for floating debt.)
io tills must be added scrip issued for funded
half coupons on general mortgage loan,
the
coupons Iwing held as security therefor
1,741,620
ALSO, overdue coupons not yet funded in
scrip
25,260- 21,452,880

Seven per cent $ Income mortgage,

1

876-96

Bonds and morts. and giouud rentson detached
Total mortgage debt

^s'l'-IS'onn
real estate

1.916,252

."li^iS?^

*

$6 1 1 ,000 canceled for sinking fund.
meet $5,773,500 prior loans.
t $036,000 ciiuceled for sinking fund.

$5,773,000 of this loan held to

;.'?314,000 canceled for sinking fund.

$34,990,000 of this loan held to

meet $33,553,500 prior loans, as above.
5 Including interest ou unissued bonds, aa above.

The total amount of interest falling due in each month on the
above is as follows: January, $1,417,802; February, |5,00O;
March, $10,000; April, $385,420; May, $22,128; June, $974,532;
July, $1,417,802; August, $5,000; September, $10,000; October,
$385,420; November, $22,128; December, $974,532.
BENTS OF LEASED RAILBOAUS AND CANALS, AND OF GCABASTEES,

MAY 24,
Company
Mine Hill & Schuylkill Haven Rli. Co
Mount Carbon & Port Carbon RR. Co

Xamc

1880.

of

J!e»l

Mill Creek & Mine Hill Navigation and RR. Co
SchuylkUl Valley Navi,gatlon and RR. Co
Uttle Schuylkill RR. Co. and East Mahauoy RR. Co
Eaat Pennsylvauia RR. Co
Philadelphia Germantown & Norristown RR. Co
Chestnut Hill RR. Co

Catawi.ssa

KR. Co

North Pennsylvania RR. Co
Delaware & Bound Brook RR. Co
Schuylkill Navigation Co
Sus(iuehaiina Canal Co
Swedes' Ford Bridge Co
Allentown RR. Co., 30 per cent of receipts
Chester Valley RR, Co., 45 percent of receipts
Colebrookdale RR. Co.. 30 percent of receipts
Pickering Valley RR. Co., 30 per cent of receipts

Taxes payable

per nnnum.
$321,800
36,250
33,00O
29,450
213,280
138,650
277,623
16,478
365,235
754.145
224,207
*635,770
(243,488
2,455
{1,975
;15,752
;9.163
;l,123

$3,322,854
47,142

in addition to rental.

•The rental of the Schuylkill Can.al is payable, in cash $462,122, In
scrip for coupons $72,000, in scrip for dividends $101,654, after July,
1882, all cash.
I The rental of the Susquehanna Canal is payable, in
ciwh $86,608, In
scrip for coupons $156,880, after July, 1882, all cash.
;iul879.

BONDS OF LEASED ROADS AND CANALS GUARANTEED BY THE PHILADEI/FUIA & READING RAILROAD COMPANY.
Ea.stPennsvlvaniaRR., principal and Int. guar. ..
Catawlssa RR.,
...
do
do
Schuylkill Navigation,
do
do
...
Do
interest only guar

Susquehanna Canal, principal and
*

Interest included in rent.

interest guar..

rrineipal.
$495,9tMt

Interest.

'$34,713
1,740,350 '126,895
2.806.250 174..591
5,691,950 '341,517
*96,880
1,573,000

—

.

.

THE (CHRONICLE.

70
Colebrookdule RK., priueipal and interest guar.
fiitcrest only jtuar
Do
C<ilo1)roi.k<lalc RR., not cuar., but receiviible by
the Phila. .V; HiwUng Kit. In nayniBUt of freight
Piolceriug Valloy RR., principal and Interest guar.
.

.

lOo.OOO
332,300

tD.noo

Interest separate from lease rental.

The difBerence between these amounts and thirty per cent
of the receipts has heretofore bi^en advanced by the Philadelphia & Reaaing Railroad Company.
BON'I>S OF OTHER HAIMIOADS AND OK COAL AND IKON COMPANTES GUARAN
A.VTEED JIV THE IMUI.AUKU'HIA A READING RAILROAD CO.MPANV.
Perkiomen RR., interest only guar.*
rerkiomen RR., not guar., but receivable by the
Phiia.A Road, in payiueiit of freight*
Fcrkiouieu KK., priueipal and interest guar
Lancaster & KeaUiug Narrow-Guage, principal
and interest guar
(I'Oased to Ueiuliug & Columbia, which company pays the interest as rental.)
Phil. Newt'u & N.Y. KR., priueipal aud int. guar.
do
do
Norristown Jmiet'u RR.,
do
do
Sehuylklil Iron Co.,
do
do
Uaniburg Iron Co.,
do
do
Ringgold Iron & Coal Co.,
(P: * R. RK. Co. own ^9,000.)
Danville Iron Co., principal and interest guar.
do
do
Kut/.towu Iron Co.,

.

JYineipal.
$G99,Gl)0

1,1-25,000

G.OOO
07,500

310,000

21,700

100,000

-1880..

Mnu.
Ton.s of coal on railroad
Ton.<()f merchandise- ..
Passeii^rcis carried

Coal

transported

526,2!I8

528,128
839,458

39,000
52,000
538,000
48,000

2,730
3,040
32,280
2,880

810
1,715
5,530

months
3,489,004
1,852,261
3,143,956

)iy

1880.
Mouth.
Tear to {late.
$8,233,518
.$1,457,881
1,201,646
6,403,752
.

Gross receipts..
Gross expenses

.

.

$256,235

Nctproflt

$1,769,705

-1879.Year to date.
$6,233,310
1,040,255
4,773,821

Month.

$1 ,332,547

$280,291

$1,459,488

Comparative statement of busine.ss of the Philadelphia
Reading Coal and Iron Company for May, 1880:

—

&

1880.

1879.

Expenses

Month.
Year to date.
$5.2.54,329
$1,227, 41
1.215,505
5,418, 52S

Month.
Year to date.
$1,015,641 $4,181,700
1.070,339
4.511,861

Profit

$11,635 L's $184,199

Loss. $54,697 L'8$327,161

Receipts

42,000
2,800

May.
828.322
459.317
649,941

eolliei's

.

700,000
40,000
12,000
24,500
79,000

1879.

6 months.
3,207,969
2,980,209
4,418,970

47.396
2G5.0W
291,474
59,033
Comparative statement of business of the Philadelphia &
Reading Railroad Company for May and for six months:

steam

Jntercftt.

$41,i)70

XXXI

TONNAGE AND PASSENGBB8.

PrinciiMl. Inleirxl.
$300,0()0 t.*lH,000
ts.ioo
13j,000

$59,201
t

fVoL.

1

.

—

Toledo Peoria & Warsaw. The Chicago Times reports that
in the case of James F. Secor, et a'., v. the Toledo Peoria &
Warsaw Railway Company, et al., leave was obtained from Judge

Drummond,

of the United States Circuit Court, to file a bill in
the Circuit Court of Peoria County against the Toledo Peoria &
E. Pennsylvauia
Warsaw Railway Company, now in the hands of A. Lawrence
(P. & R. KR. Co. own $1,000.)
4,500 Hopkins, Receiver. The ijetition presented to Judge Drummond
75,000
Monocacy rurnacc Co., priueipal aud int. guar..
for leave to sue sets forth in substance that, at the time of com(P. <k K. RK. Co. own all.)
56,040 mencing the foreclosure proceedings by Secor and others, the
949,000
Phoenix Iron Co., principal aud interest guar.*..
*..
6,000 Toledo Peoria & Warsaw Railway Company was greatly encum100,000
do
Qo
August Schwarze,
3,480
do
58,000
Bechtelsville Iron Co., do
bered by mortgages to secure the payment of its bonds, and,
$302,511 being insolvent and unable to pay the semi-annual interest on
881,960
its bonds, the stock and bond holders, and other creditors of the
Phila. & R. C. & I., div.m.bds ,prin. & int. guar. $12,038,000
121,170 corporation, agreed upon a plan of sale and reorganization of
dell, bonds,
do
do
1,731,000
do
Do
(Payable in scrip to March 1, 1882, inclusive.)
12,000 the company. That the first and second preferred and common
150,000
Mamiuoth Vein Coal & I. Co., prlu. aud Int. guar.
stockholders of the old company agreed to deliver to the pur1,317,041 chasing committee all the stock held by them re.spectively, and
* All previous interest paid by debtor.
upon purchase of the old road and conveyance thereof to the
SDMMAKY.
$3,322,854 uew Toledo Peoria & Western Railroad Company, the stockAmount of rental
47,142 holders of the old company were entitled to receive in exchange
Taxes in addition to rental (in 1879)
$59,261
Liability for iutercst separate from lease
for their stock as follows: The holders of the first preferred,
13,287- 45,973
Less limouut included in rental (in 1879)
50, of the second preferred, 30, and of the common stock, 25 per
Total annual liability for leased roads and canal (1879).. $3,415,070 cent of the par thereof, in certificates of the income mortgage
$181,976
Annual liability on account of other railroads
of the new company.
Annual Ualuiity on acct. of othercanal andii-on cos. 120,535— *302,511
The object of the bill is to subject this stock, which the stock$3,718,481 holders of the old corporation are entitled to receive under the
Annual liability on acct. of P. & R C. & I. Co.'s lxls.$l,003,130
agreement, to the payment of the debts of the corporation, on
12,000—1,015,130
Annual liability on acct. of Mam. V. C. & I. Co. bds.
the ground that the stockholders are not entitled to any share
of the capital stock until the debts of the corporation are paid.
Total annual liability on account of leased railroads and
$1,733,011 The amount due the unsatisfied judgment claimants is about
canals, aud of guarantees
$40,000. The point presented is an interesting one, as the old
* Of tills $143,196 have heretofore been paid by debtors.
road has been sold under the agreement, and the Receiver is
PHILADELPHIA & READING COAL AVD IRON COMPANY.
about ready to turn oyer all the property of the old company to
LIAIilLITIES MAY 24, 1880.
$1 2,638,000 the new one.
Purchase mouey mortgage loans on detached iiroperties
$156,000
Locust Dale Coal Co. loan, due in 1866
Wabash St. Louis & Paciilc. At the stockholders' meeting
real
estate
740,234—
mortgages
on
896,234
Bonds and
held in St. Louis, July 14, the action of the directors in leasing
in leasing and
Total mortgage debt due to others than Phil. & R. RR.. $13,534,234 the Champaign Havana & Western Railroad
Bond and mori. Phil. & R. RK., July 1, 1874.. $29,737,965
constructing the Detroit Butler & St. Louis Railroad, from
do
Dec.
1876.
28,
10,000.000—39,737,965 Butler, Ind., to Detroit, Mich.; in leasing the Missouri Iowa &
Do
Total mortgage debt
$53,272,199 Nebraska Railroad; and in leasing 61 miles of the Pan Handle
Debenture loan
1,731,000 Road, from Lngansport to the Indiana State line, was ratified
(principally
Bills payable, loans, advances, &c.
by a three-fourths vote of the shareholders, aud therefore the
secured by eollaterals)
$1,668,245
contracts are all approved.
CertiUcates for uiatorials purcliased
232,236
The Chicago Tribune reports that the Pittsburg Cincinnati
Tot.al floating debt
$1,900,432
& St. Louis has agreed to allow the Wabash to come in over its
Current business debts
$697,984
line from Forty-ninth Street to the corner of Desplaines and
379,256
Wages and material bills
Carroll Streets, Chicago, until such time as the Chicago &
Cominonw'lth of Pa for State taxes. 157,487
26,645
Uncollected coups. & Int. on reg. I'us.
Western Indiana gets over its troubles. The Milwaukee & St.
Phila. & Reading RR. Co. freight .... 124,584
for transacting its
230,257— 1,616,215— 3.516,698 Paul agrees to furnish the Wabash facilities
Advances on coal, &c
Due to Pliila. & Reading RR. Co. loan account
6,358,519 freight business at one of its freight houses near Desplaines
and Carroll. This arrangement will enable the Wabash to open
$01,878,417 its Chicago line for freight business some time next week.
Capital stock
8,000,000
Only the city freight is to be handled at the latter point. The
$72,878,417 transfer freight will be handled at the Wabash transfer
Of above liabilities there are held by, or due to, P. &R. RR. $54,221,009 yards, near tne stock yards, which are reached over the WestHeld by, or due to, othera than PMl. & Reading RR
18,057,348 em Indiana. No attempt will be made for the present to open
the Wabash for passenger business.
$72,878,417
The conference of the Wabash managers with Mr. M. E.
BONDED DEBT AND TNTEREST MAY 24, 1880.
Principal.
Interest.
Ingalls, of the Cincinnati Indianapolis St. Louis & Chicago,
Purchase money mortgage loans
$12,638,000
88 1 ,900 resulted in the lease of that portion of Mr. Ingall's road from
* Locust Dale Co.ll Co (extended)
156,000
10,920
Sheldon, on the Indiana State line, to Lafayette, about forty
Loan 1872-92, debentures. Int. conv. into P. &.
R. scrip, to March 1, 1882
1,731,000
121.170 miles, to be used as the connecting link between the Toledo
Real estate lionds and mortgages
740.234
19,186 Peoria & Warsaw and the main line of the Wabash. The
agrees to pay the Cincinnati Indianapolis St. Louis &
Total
$15,265,234 $1,063,536 Wabash
Chicago half of the interest on the debt of the portion of road
Companies controlled: t Preston Coal & Improv't Co., due May 1, 1896.
1,200,000
84,000 used, and to defray half the expenses for repairs, &c.
Trcmout Coal Co., due June 1, 1886
300,000
21,000
A despatch to the Cincinnati Enquirer from Indian; Mammoth Vein Coal & I. Co., due Feb. 1, 1900
300,000
24 000
" Judge Grresham, in the Federal
apolis, July 14, says
Grand total
$17,065,234 $1,192,536 Court, has reinstated the case of David J Tysen, Jr.,
Benjamin F. Ham, et al., Ds. the Wabash Railroad Company,
* Owned liy the P. & R. RR. Co., out as collateral on loans.
which wa? dismissed through an error somii time ago. The
t $1.1 90,000 owned by the P. & R. C. & I. Co., out as collateral on loans.
plaintiffs are, besides those named, Edward De Rose, Henry A.
: $223,000 owned by the P. & R. C. & I. Co., out as collateral on loans.
The total amount of interest falling due in each month on Slott, John W. Fendron, Charles Jackson, G. M. Whittemore,
the above is as follows: January, $202,803; February, $65,765; Townsend Underbill and Thomas Mayo. They own and hold
March, !?70,245; April, $114,370; May, $91,560; June, $51,158; $113,000 of an issue of $600,000 equipment bonds made in 1862
July, $202,803; August, $65,765; September, $70,245; October, by the Toledo & Wabash Company, and ask that the officers
$113,969; November. $92,693; December, $51,158.
and trustees of the defendant companies be required to exchange
The statement, la usual form, of tonnage and earnings, has therefor a like amount of the consolidated mortgage bonds of
been issued by the receivers for May and for the six months of 1873, and pay the interest on the equipment bonds due since
the fiscal year ending May 31:
November, 1874."

Seyfei-t,

MOiManus

Co.,
lion Co.,
<fc

do
do

do
do

*..

—

;

,

—

:

—

•

I

r

I

:

.

July

17,

THE chroni(;le.

1880.J

^he (^ommtvciixl

71
O O T T O N.

"^imts,

Friday. P. M.. July
{

;o M M E R(] I A L

16, 1880.

Thb Movembst op thk Crop,

E PI TO M E.

Friday Nmht. July 10. 1880.
The weather continues uncomfortably warm, and i.s, thereSome changes benefl"
fore, a serious drawback upon business.
In seccial to the growing crops have taken place however.
tions which have suffered from excessive rains, the skies are
clear; and in sections where drought has been suffered, copious

as indicated by our telegnuns
from the South tonight, la given below. For the week ending
this evening (July 16), the total receipts have reached 10,691
bales, against 14,070 bales last week, 17,0.'57 bales the prevloos
week and 23,511 bales three weeks since, making the total
receipts since the 1st of September, 1879, 4,866,8!).'; bales, against
4,430,381 bales for the same period of 1878-9, showing an increase
since September 1, 1879, of 436,514 bales. The details of the
receipts for eacli day of this week (as per telegraph) are as follows:

rains have fallen. The chief speculative interest for the week
Receipts at— | Sat.
has been in wheat, caused by various reports from the growing
New
Orleans
1,202
autumn
crop at home and abroad. The promise of a favorable
Moune
I
trade is considered good.
Charleston
104
the
provisions
Port Royol,&c.
There has been a further improvement in
32
legitimate demands have been fair and, in a speculative way, a Savannah
Itruuswlck, <Jtc.
large movement has been reported at the West. To-day pork
(Jalvestou
241
was stronger and sold on the spot at $13 50@$14. July, August ludlnnola, &c...
and
asked.
60
bid
quoted
at
$13
40@$13
options
and September
Tennessee, &c..
427
Beef has continued quiet. Beef hams rule very firm at $22 50 Klorida
52
@$23 for new. Lard was again higher, and sold on the spot at Wilmington ....
Moreh'<lCity,<te
7"15@7'17>^c. for contract Western, and 7'20c. for choice do.; Norfolk
173
July options were sold at 7'15c., August at 7'15@7.22^e.; Sep- City Point, Ac.

Men.

TUCR.

Wed.

Thurs.

588
04
139

76

851

38

48

44

250

81

57

62

109

43

19

509

. .

(

TotaL

Krl.

430

3,18S

151

309

827
900

100

531

10

8

833

65

5
1,168

3,509

81

j

tember, 7'27?6c.; October, 7"35c.; seller year, 710c. ; refined to
the Continent quoted 7 65c. Bacon sold in a small way at l^^o.
for long clear. Butter and cheese have advanced under good
demands and some concentration of supplies. Tallow steady
at 6Mc. The following is a jromparative summary of aggregate
exports,

Pork
Bacon
L»rd

from November

Increase.

lbs. 52,717.600
ll)8.59f>,084,.')10

.'J87,r)Ul,189

11)8.286,881,1)97

251,726,414

Decrease.

374,200

.'5:t,r)91,«00

8,520,321
35,155,283

ll)S.9;i,-),683.807
892,882,403 43,675,004
874,200
Total
Coffees have latterly' been weak, consequently a much better

Tolume of business has been effected, fully 36,000 bags Rio
coffee and 35,000 mats and bags of other grades having changed
hands; to-day fair cargoes of Rio were quoted at 15c, and jobbing lots at 13J^@16^c.; Maracaibo, 14@18c., and Java, 23@
Rice was about steady at 5%@6o. for Rangoon and 6%@
25c.
Molasses was dull at 36c. for 50 test Cuba
7?6c. for Carolina*
refining and 40@'i5c. for New Orleans. Refined sugars ruled
about steady at 9Mc. for standard "A" and 9%@10.J^c. for
Lards. Raw grades were dull and barely steady at 7%@754o.
for fair to good refining and 8M@8Mc. for centrifugal.
Stock July 1, 1880
Receipts since July 1, 1830
Balesslnce June I, 1830
Stock July 14, 1880
Stock July 16. 1879

139,315
21,198
20.773
139,740
85,085

Boxes.
9,665

BacH. Melado.
989,618
6,289
113,324
360
17,111
9,665 1,085,831
6,649
28,376
668,535
4,212

Kentucky tobacco has remained quiet, and the sales for the
week are only 475 hhds., of which 275 for export and 175 for

home consumption.

Prices, however, are pretty well supported,

lugs quoted at 4@5>^c. and leaf. 6:ai3c. Seed leaf has also been
rather quiet, and sales are limited to 792 cases as follows: 50
eases, 1877 crop, New England, 18c.; 125 cases 1878 crop. New
England, 12@17c.; 225 cases 1879 crop. New England, 10>2@
12^c.; 175 cases 1878 crop, Pennsylvania, 10^@18c.; and 217
oases 1879 crop, Pennsylvania, 10@22. There has been a small
business in Spanish tobacco and sales are 400 bales Havana at
90c.@?l 10.

Oil

018
25

S

93

16

337

59

110

199

322
109

1,200

1,874

983

2,187

783

2,632

10,691

109

For comparison, we continue our usual table showing this
week's total receipts and the totals for the corresponding weeks
of the four previous .years
:

Receipts this w'k at

1 to J uly 10:
1879-80.
1878-79.

HUtts.

week 2,232

Totals this

590

New

Orleans...

1880.

327
900
531
832

218
108

5
3,509

1,656

Charleston
Port Royal, Ac.

Savannah
Oalveston

&o

Tennessee, iSco..
Florida
North Carolina.
Norfolk

93
1,200

week

...

Total since Sept.

1,

10,691

1877.

736
220
460
23
600
296
20
593
15
118

33
148

590

2,809

109

City Point, &o..

Total this

1878.

408
195
43

MobUe

[udianola,

1879.

3,185

1876.

1,248

2,238

219
222
93
285
449

271
344
160
228
107

564

800

SI

47

51

492
23

759
38

3,782

3,676

5,042

4,866,895 4,430,381 4,252,333 3,952,838 4,075,817

The exports for the week ending this evening reach a total of
24,0?4 bales, of which 21,130 were to Great Britain, 1,660 to
France and l,83i to rest of the Continent, while the stocks as
made un this evening are now 233,038 bales. Below are the
exports for the week and stocks to-night, and a comparison with
the corresponding period of last season.
Week

EXPOKTED TO—

endiuR
Great
July 16. Britain.
N. Orl'ns
Mobile..
Charl't'n

6,115

'

France.
....

1,389

3a van 'h.
York.
NorfolkOther*..

Same
Week

Week.

1879.

7,504

....

Qalv't'nN.

this

Total

Continent.

....

6,311
5,110
3,594

1,660

495

....

8,406
5,110
3,594

STOCK.

4,112

1880.

1879.

61,231
4,727

11,562
2,337

2,06l\
115
4,778
1,743
4,893
2,326
9,903 113,010 107,474
1,628
7,795
2,501 24,500 18,000

rot. this

16,516 223,028 145,185
week..
21,130
1,060
1,884
24,674
Ocean freight room has been freely taken by the grain trade,
Totslnoe
but petroleum vessels have become very quiet. All rates are
well sustained. The engagements and charters to-day included Sept. 1.. 2522,705 371,733 848,910 3743,331 3371,810
*Tlie exports this week under the head of "other uorts" Include, from Balgrain to Liverpool, by steam, 63^d.; do., by sail, 63^d. from timore.
1,842 bales to Liverpool; from Boston, 586 bales to Liverpool;
store; do. to London, by steam, 7/^@7/4c.; do. to Glasgow, by from Philadelphia, 1,168 bales to Liverpool,
I'rom the foregoing statement it wUl be seen that, compared
steam, 7/^@7M@8d.; do., by sail, 6^d.; do. to Avonmouth, by
with the corresponding week of last season, there is an increau
steam, T%d.; do. to Cork, for orders. 5s. 9d. per quarter; do. to
iu the exports this week of 8,158 bales, while the stocks to-night
Hamburg, 5s. 6d.; do. to Gottenburg, 53. 7>6d. There were no are 77,843 bales more than they were at this time a year ago.
petroleum charters reported, the nominal rate for refined to the
In addition to above exports, our telegrams .to-niglit al.so |^Te
us the following amounts of cotton on shipboard, not cleared, at
Continent being 4s.
the ports named.
We add also similar figures for New York,
Naval stores have been quite dull and without notable inciwhich are prepared for our special use by Messrs. Carej, Yale &
dent; spirits turpentine closed rather weak at 27>6@27Mc., and Lambert, 60 Beaver street
strained to good strained rosins at $1 40@$1 45. Petroleum
On Shipboard, not cleared— for
has latterly been weak and dull, but at the close a sudden imLeavlns
JULr 10, AT—
Stock.
provement took place, and 10c. was bid for refined in bbls. here;
Great
Total.
France. Other Coastwise.
Foi-eiRU
Britain.
crude certificates have been on a downward course, but after
selling at $1, to-day closed steadier at $1 03M bid.
All metals,
with the exception of lead, show an advance and a much better
state of affairs; No. 1 American pig iron is now quoted at $23;
Coltness Scotch, $25, and Eglinton, $22. Steel rails are held
higher at $i)2@$65. Ingot copper has been dull and weak at
l«?4@19c. for Lake. AIIcohol, in bond, is quoted at 37c. for
July and 36c. for August.

New Orleans
M.)bile

cuarleston

Savannah
Salveston

3.380
None.
None.
None.
1.528

New York
Other ports
Total

2,6b6
6.008

95
None.
None.
None.
50
None.
200
None.
None.
None.
Sot reo eived..
None.
None.
None.
2,790
None.
None.
None.
None.

2.796

1

34'-.l

1,528

54,963
4,727
2.011
4.578
3,365

'2,006

'30,295

inoi'-

An

6,271

None.

50
200

'vig

W

-

..

«
'

THE CHRONICLE.

72

The following is our usual table sUowinff the movement of
dates:
cotton at all the ports from Sept. 1 to July 9, the latest mail
SEPT.

FOBTB.

1.

_

Orcat

cr.

1878.

1474,387
352,110
479,337
723,554
470,229
211,733
20,141
103.042
727.734
291,91

1171.847
361,03"
514,298
703,128
662,758
147,561
56,435
135,000
559,192
213,716

*; .- ^'ii

Mobile
Char'n*
Bav'h
.

Galv.*

H.York
F))Drlda

H. Car.

Horm*
Other..

879,632 201,2241253,105 1393.961 64.7:
6,50384,189 10,143 17,355 111,687
2.033
154,040 20,625 170,109 344,774
5,140
185,152 18,900 219,990 424,092
5,526
220,291 23,831 49,679 293,801
432,908 32,644 91,007 576,619 119,715

aooS
H2.-

Included Indtunolu, ic; under the head o£ Hurfolk

Is

Included

speculation in futures Jias been moderately active in

£.2:

I

£.2

-=1

a..

.

<
p
a
I

;

p

;

.0

:

a

'

c.cv

00,19

thi;

s

^-

some

at

I

I

005

the early dealings of Monday, but

was a sharp advance during

Tuesday prices continued

decline.

Wednesday saw some eSort

way.

>:•

;

57;

past week, and the tone of the market has been without decided
ieature. Saturday opened slightly lower and closed dearer. There

the close was

"^

5?;

o

:

1,124
15,126
17,250

35,487
23t,185
237,074

10,447
8.912
20,368

olnt. &c.

The

i^

-s ':

:r 2*

....2501,575 370,073,847.032 3718,680 237,218

TbiajT. 4856,201

is

-

;

1,177
1,479

23,863
240,794
260,706

1427,572 2024.754 413,567 916.973 3355,294 167,374
liMtycar.
• Under tlio head of Charltuon Is Included Port Royal, tc; under the heiid o(
CiH
Oalvaton

3;

Total.

I

'

ir.OrliiB

XX XL

^•

Stock.

Otlier

Britain. France. Foreign

1879.

3

op 2.

EXI'ORTED SINCE SEPT. 1 TO-

BKCEIPT9 8INCB

[Vol.

to

to give

check the decline, but

>-p°
<ia)

it

Thursday the

•was not successful, and prices continued to yield.

Tery favorable Bureau report was made public, and, together
-with weak accounts from Liverpool, caused prices to yield a few

*:'':'o
to to

most decided

ctjc;'

decline, like the previous advance, has been

The

points more.

and August.

for July

September has been the

•'10

To-day the early months were again slightly

best supported.

Cotton on the spot was dull until Wednesday, when a
very fair business was done for both export and home consumpPrices remained unchanged, but to-day were weak and
tion.

lower.

mldling uplands.
The total sales for forward delivery for the week are 226,500
For immediate delivery the
free on board.
1>ale3, including

Dominal

at 11 |c. for

up

week

00
-^^

in
export, 1,903 for consumption, 109 for speculation, and
The following
transit. Of the above,
bales were to arrive.

o'lUI

»re the

official

this

4,060 bales,

quotations and

sales for each

sis

CO

CO

5S2
CO
C-.0

&-;,
o
cc>

r^o

IE"
990
0.0

00

©o

CO

I

SSg
C. CI

CO

sales foot

oog
CJlw'l

including 2,049 for

total

00

OCT!

cci

oog
cc

Scg
CO-'

JO

O'l

UPLANDS.
Sat. raon Tnes

Ordin'y.^lb 8I3
BtrlotOrd.. 9
Good Ord.. 10
Btr.G'dOrd IOI3
I.OW Midd'c 11^4
Btr.L'wMid 1158
Middling.
ll'S
1238
Good Mid
Str. G'd Mid 1258
aodd'g Fair I3I8

812

9

10
IOI2
11>4
11»S
ll'a

8I3

81a

9%

9
10
IOI3

lOig
105s

im
11=8

11%
11%

ll''8

12%

12%

12=8
I3I8

1258
131s

13% 13% 13%
TTed Th. Frl.

Fair

Ordln'y.^ft 8%
Strict Ord.
9
Good Old.. 10

9
10

9
10

Btr.

G'd Ord 10%
liOW Midd'g 11>4

10%
UI4

10%
114

Btr.L'w Mid 11=8
Middling... It's
Good Mid.. 12%
Btr. G'd Mid 12=8

1158
11^8

1158
ll's

12%

12%

1258

1258

Mldd'gFair 13%

13%

Fair...

13%
13.%
13%
STAINED.

13%

8%

Good Ordinary

,

NEW ORLEANS.
Sat. men Tnea
8I2
9i«
lOia
1058

11%
11%

Good Ordinary.
I<ow Middling
Middling

Strict

8ia

10%

10%

10%

10%

1058

10=8

1058

1058

11%
11%

11%
11%

11%

11%
11%

12

12

121-3

12 13

12
I2I2

12%

12%

12%

I3I4
1378

I3I4
13^8

I314
13'8

1314
13''8

9%

11%

CO

too

',"^-'

®

I

000

12

12

12%
12%

12%
12%

I3I4
13-8

I3I4
13'8

8%
9%

10%

10%

10%

10%

lOSg

1058

1058

1058

1058

1058

11%
11%

11%
1134

11%
11%

11%
11%

11%
11%

11%
11%

12

12

12

12

12

12

12%
12%
ISH
13%

12%
12%

12%
12%

12%
12%

12%
12%

12%
12%

I314
1378

I314
13^8

I3I4
1378

I3I4
1373

I3I4
IS'm

8%
9%

8%
9%

8%
0%

mon Tues TPed Th.

8%

8%

9

9
958
lOlli

Frl

8%

8%

8%

S%

9

9

9

958

958

9=8

9
958

10U,g 1011,8 lOllio 10"

<i

o

?=>o
boot

toI

I

CO 09

to

.

g):

I

oog

•

?iS

O
o

(XX

Frt,

10%

8%
9%

??s
CjOI

I--

8%
9%

-I-j

CO

co

1

Frt. TTed Til.

00

00
CO

00

I

10%

058
101 ii

«:

8%
9%

8>2
913

12%

Sat.
-ipib.

Sat. 9Ion. Taeii

12
I2I2

Wed

8%

TEXAS.

81a
918

o

CiCi

S-,

I

day of the past

week:
July 10 to
July 16.

CO

CO

00

00

1

I

o
=

1;

I

8:

I

1:

I

I

®;
li

CO

01 CI

CJi

r.

-0
O

I

I

5= 1-3

Oiyi

01

P-fT

(XO
g)*

c;iC5

9:^

M — tO

MM-4

O

<1COO

I

—

:'"b

I

l«..

®t3
.*

I

!

I

CO
CiW

I
I

I

I

I

I

^"70

:"7ro

-4-1

SS

?g

O0-.O
;i-T
Transferable Orders— Saturday, 11-80; Monday, 11-80; Tuesday,
11-65 Friday, 11-65.
Thursday,
11-70:
11-70; Wednesday,
Short Notices for July— Thursday, 11-04.
;

The following exchanges have been made during the week:
-50 pd. to exoh.

100 Sept. for Aug.

|

-43 pd. to c.Kch

100 Oct. for Sept.

Stipply of- Cotton, as made up by cable and
The Continental stocks are the figure*telegraph, is as follows.
of last Saturday, but the totals for Great Britain ar.d the afloat
for the Continent ate this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (July 16), we add the item of
exports from the United States, including in it the exports of
Friday only.
1879.
1878.
1877.
1880.
958,000566.000
709,000
bales
717.000
Stock at Liverpool
37,00O44,000
11,750
00,600
Btock at London

The Visible

MARKET AND

SALES.

SALES OP SPOT AND TRANSIT.

SPOT MARKET
CLOSED.
Bat

. .

Finn

Mon Quiet and
Taea Quiet
Wed .;8U'n<iy
.

.

Thurs

()nii't

Frl. -jEaBicr

TWall
The

Export.

210
flnn..

300
525
558
456
2,049

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

l^otal.

151
154
323

361

720
274
280

1,243

l,902l

109

Deliveries.

31,800
57,200
42,900
30.800
40,800
23,000

200
200

4,060 220,500

000

131
623
79
30

Sales.

911
766

daily deliveries given above are actually delivered the
tiiat on which they are reported.

Tious to

100
100

day pre

The Sales and Prices op Futcues are shown by tbe following comprehensive table. In this stai.eraent will "be found the
daily market, the prices of sales for each month each day, and
the^cloiing bids, in addition to the daily and total sales
:

Total Great Britain stock
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hambm-K
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam

.

777,600
80,100
4,820
59,100
2,900
30.100
17.100
3,150

610,000
98,750

720.750
186,750

2,2.50

6.01X)

37,000
3.500

34.000
r.ooo
41.750
51,000
9,750

27.2.50

36,750
1,000

995,000
209.75O
7.50O-

70.C0O
17,750
73.750
47,500-

11,50»

—

.

—

..

THE

July- 17, 1980.J
1879.

1878.

1877.

None.
6,500

6,500
24,000

7,7.'i0

15,730

213,000

360,750

461,250

1880.
1,320
21,800

bales
Stook at Antwerp
Slook at other contl'Dtal porte.

(^HllONlC'LE.

73

The above totals show that the old interior stocks have lUer«a««(2 during the week 2,870 bales, and are to-night 27,0)4balea
more than at the same period last year. The receipts at the same

823,000 1,087,500 1,456,2.50
322.000 251.000 339,000
76,000
77,000
138.000
12,000
10,000
20.000
145,185
128,001
204.237

towns have been 573 bales more than the same week last year.
Bkckipts from the Plantations.— The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Keceipts at the outport« are sometimes misleading, as they are made up more largely one year
than another, at the expense of the interior stocks.
We reach,
therefore, a safer conclusion tlirough a comparative statement

15.415
2,000

like the following.
In reply to frequent inquiries wo will add
that these figures, of course, do not include overland receipts or

Total visible supply
1,727,305 1,389,528 1,566,048 2.174.002
Of the above, the totals of Auierloau and other descriptions are as follows:

Southern consumption; they are simply a statement of the
weekly movement from the plantations, of that part of the crop
which finally reaches the market through the outports.

223„390

Total continental ports....

Total European BtookB.. ..1,000.990
India cotton afloat for Europe. 222,000
Amer'n cotton afloat for Eur'pe 221,000
20.000
Egyiit,Brazll,&c.,aflt forE'r'po
Block In United States ports .. 223,028
35,347
'Stock In U. B. Interior ports.
United ate tcs exports to-day.
5,000

8.343
3,000

.

8,547
4,000

American —

473,000
138,000
221,000
223,028
35,347
5,000

Liverpool stock
Continental stocks

American atloat for Europe....
United States stock
United States Interior stocks..
•United States exports to-day..
Tot.il

American

586,000
311,000
77,000
128,001
8,547
4,000

429,000
170,000
76,000
145.185
8,313
3,000

618.000
377,000
138,000
204,237
15,115
2,000

831,523 1,094,548 1,354.652

1,095,375

Saat Indian, BrasH, tCc—
137,000
44,000
43,000
322,000
12,000

24-1,000

Xoudon

60,000
85,390
222,000
20,000

stock
<k)ntinentul stocks

India afloat for Europe
Egypt, Brazil, &c., afloat
Total Ea.st India, &o
Total American
ToUal visible supply

143,000
11,730
55,750
251,000
10,000

340,000
37,000
84,2,'JO

339,000
20,000

558,000
471,500
820,230
831,528 1.094,.548 1,354,052

63 1 ,990
1,095,375

1,727,365 1,3-19,528 1,566,048 2,174.902

.Price Mid. Upl., Liverpool ....

6^d.

O^id.

S'^sA.

03s.l.

The above fiffures indicate an increase in the cotton in sight tonight of 337,837 bales as compared with the same date of 1879,
tLO. inerease ot 101,317 bales as compared with the corresponding
date of 1878, and a decrease of 447,537 bales as compared with 1877.
In the preceding visible supply table we have heretofore only
included the interior stocks at the 7 original interior towns.
As we did not have the record of the new interior towns for the
four years, we could not make a comparison in any other way.
That difficulty no lont,er exists, and we therefore make the following comparison, whicli includes the stocks at the 19 towns
.given weekly in our table of interior stocks instead of only the
old 7 towns.
shall continue this double statement for a
time but finally shall simply substitute the 19 towns for the 7
towns in the preceding table.

We

American—
bales

•Continciitul stocks
Anii'ri(:iii Mllc.at to Europe
Uuit^'d states sidck
United .'States Interior stocks..
United States exports to-day..

Total American

1880.

1879.

1878.

1877

473.000
138.000
221,000
223,028
66,198
5,000

429.000
170,000
70,000
143,135
15,528
3,000

566,000
311,000
77,000
128,001
15,494
4,000

618.000
377,000
139,000
204.237

1,126,226

Ea9l Indian, Brazil,
Llveriwol stouk

27,97!)

2,000

838,713 1,101,493 1,307,210

<£c.

Loudon stock
•Continental .stocks
India afloat for Europe
Ettypt, Brazil, &c., afloat

Total East India, &o
Total American

244,000
60,000
85,390
222,000
20,000

137,000
44,000
43,000
322,000
12,000

631.990

553,000
471,300
820.230
838,713 1,101,493 1,307,210

1 ,120,226

Total visible supply

3

43,000

340,000
37,000
84,250
339,000
20,000

11,7.30

55,730
251,000
10,000

1,738,210 1,396,713 1,572 995 2,187,166

These figures indicate an increane in the cotton in sight to-night
•f 361,5iJ3 bales as compared with the same date of 1879, an
increase of 185,231 bales as compared with the corresponding date
of 1878, and a decrease of 429.350 bales as compared with 1877.
At thk Inteuiou Pouts the movenient—that is the receipts
*nd shipments for the week, and stocks to-night, and for the
•corresponding week of 1879— is set out in detail in the following
statement:
Week ending July
Receipts Shlpm'ts

Au^sta, Ga
Columbus, Ga. .
Macon, Ga
Montgomery, Ala
Selma, Ala
Memphis, Tenu..

360
54
1

35
17
386

Kashvllle,Tenn.

759
315
37
388
38

10, '80.

Week ending July

Stock.

Receipts Shlpm'ts Stook

380
180

6
11
61
83

2

824
239

226

1,362

83
3,546
7

95
2,443
1,132

236

4,430

8,313

10
78
32

10
43
46

167
127
303

1,191

'l6

"35

593

2

2

7,896
1,091

10

101

100

25
235
597

50
25
500
162
300

741

1,451

Total, old ports.

859

13,729

33,347

5
5

13
13

Bhreveport. La
Vickshurg, Miss.'

40
50

246
120

447
124

2

73
55
38

807
50
89

Columbus, iMios..
Eufaula, Ala ....

Ga
Atlanta, Ga
Borne, Ga
Griflin,

Charlotte, N. C.t

St. Louis, Mo...
Clnoinnatl, O...
Total,

new

p'rts

Total, all....

25
41

620
73
123
432
968

ibo
132
3,576

18, '79.

36
89

5.535
3,311
1,244
2,565
661
17,583
4,448

Dallas, Texas * .,
Jefterson, Tex*.
.

W«ek

2,198

1

4

47
660

10

881

14,202
4,134

1,067

4,350
1,134

2,662

5,544

30,851

1,003

2.022

7,185

3,521

9.273

66,198

1.289

6,452

15,328

* Estimated.
* This year's figures estimated.

Receipts at the Ports. Stock at Inter'r Ports Reo'ptifrom Plant 'na

•niUng—
1878.

1879.

1880.

1878.

1879.

1878.

1879.

1880.

2•2,1^83

75,550
65.770

78,962 204,154

17.804

13.951

14.07V

19.897

30,85S
26.861
24,630
26.514

17.118
11,089

23.781
23,671

48.305
39,025

6,(112

18.580

29,315

18

10.721

19.870

2S

6.871)

7,188
n,2«1

2.3.51:

23,287
21.210
19,675
18,033
15.494

71,546
59.249
51.<29
42,198
37.570
82,429
29,306

8,165
14.ISS

W.e'i3

11

31,106
Si.S52
20.097
19.733
18,220
IB.iWO
11,231

Apr. SO
Majr 7
"
14
•'

Uvcrpool stock

Liverpool stock

SBCEIPTS FItOM PLASTATI0K8.

"

June
"
"
"

91
28
4

July

S

5,919

"

9

-

16

0.287
S.7H2

19,031

8,637
8.032

17.057
14.070
10.«»1

2.809

66.483

S4,I5,i

1880.

25.223
22.388
20,691
15.528

186,65.S

14,472

11.615

176,157

10,760

:6I,455

9.604

143.241

10,910

7,800
8.8S3
7,882
6,461

I1.8M
6,500
ii,oea

130,635

7,5()«

115,038

8.392

1,471

96,190
81,172
75,103
71. 850
66.198

4,693
4,832

2,210

8.4ilS

4,381

802

3,645
1.213

:.338

10.988
10.917
4.930

4.063

2,98S
1,02a

The aboVe statement shows
1. That the total receipts from the plantations since Sept. 1 in
1879-80 were 4,925,793 bales; in 1878-79 were 4,442,811 bales; in
1877-78 were 4,251,345 bales.
3. That, although the receipts at the out ports the past week
were 10,691 bales, the actual movement from plantations was
only 4,939 bales, the balance being drawn from stocks at the
interior ports.
Last year the receipts from the plantations for the
same week were
bales, and for 1878 they were 1,243 bales.

Weather Reports by Teleqraph.— In
has been fairly favorable the past week.
plain of too

much

rain and others of too

Galveston, Texas.

general the weather

Limited sections comlittle.

— We have had showers on five days the past

week, the rainfall reaching sixty-seven hundredths of an inch.
The thermometer has ranged from 74 to 93, averaging 84. Prospects continue good. Picking beginning in the coast districts.
Two bales of new cotton have been received here, one at Houston and one at Indianola, making four in all.
Indianola, Texas. There have been showers here on two days,
with a rainfall of eighty-two hundredths of an inch. Average
thermometer 81, highest 94 and lowest 74, Crops good and
picking beginning. One bale of new cotton has been received.
Corsieana, Texa^. We have had one shower during the week,
the rainfall reaching eighteen hundredths of an inch.
The thermometer has averaged 87, the highest being 100 and the lowest
are having very hot weather.
73.
Crops doing well.
Dallas, Texas.
It has rained on one day during the week, &
shower, the rainfall reaching fifteen-hundredths of an inclu
Average thermometer 87, highest 100 and lowest 72.
Brenham, Texas. We have had warm, dry weather the past
week, and are beginning to need rain. Crops good. Picking
starting in a small way.
The thermometer has averaged 85,
ranging from 75 to T.
jyew Orleans, Louisiana. Rain has fallen on five days the
past week, the rainfall aggregating one inch and nine'y-nino
hundredths. The thermometer has averaged 82.
Shreveport, Louisiana.
The weather was dry and warm tha
first part of the week, but we have had heavy thunderstorms the
latter portion, the rainfall reaching two inches and fifty-four
hundredths. Average thermometer 84, highest S)6 and low-

—

—

We

—

—

—

—

est 72.

—

Vickshurg , Mississippi. Telegram not received.
Columbus, Mississippi.
have had rain on four days, the
Average
rainfall reaching one inch and thirty-two hundredths.
thermometer 89, highest 93 and lowest 85.
Little Mock, Arkansas.
The weather during the week has been

—We
—

dry and hot j ust what is needed for crops. The thermometer
has ranged from 70 to 96, averaging 83.
Nashville, Tennessee.
Kain has fallen during the week on two
days, the rainfall reaching thirty-three hundredths of an inch.

—

—

The thermometer has averaged

much

84,

ranging from 73 to

95.

Wa

are having too

The thermometer has ranged from 73 to 95, averaging 84. The crop is
developing finely. Good progress is being made in clearing tha
fields of weeds and grass.

rain.

Memphis, Tennessee.

—

It

has rained on one day the. past week,

the rainfall reaching ten hundredths of an inch.

1

:

.

THE CHRONICLE.

74

fVoi,.

;

XXXI

—

Cotton Exchange Reports for July. We publish below, io
and has been
Mobile, Alabama.— It has rained severely one day
inch full, the Cotton Exchange condition reports for July 1:
showery one day the past week, the rainfall reaching one
(jnestions.
highest
and twenty-eight hundredths. Average thermometer SI,
1. What lias been the cliaracter of the weather siooo June 1
have had
97 and lowest 71. The crop is developing finely. We
2. Has the weather Itceii more favorahlo or lose favorable, up to this
are that period, than during' the Biimo period last year?
delightful showers during the week, and the indications
3. Have any lauds planted in cotton this year in your section been
appeared, abnndoued,
if so, state percentage and causes 1
they extended over a wide surface. Caterpillars have
4. How are the stands in your section, and is the plant blooming and
vigorthough the injury done is as yet limited poisons are being
forming wclit
J5. What is the present condition of the crop in your section t
ously applied.
6. How docs the condition of the cottou crop in your section compare
Montgomery, Alabama.— 'Vhe, weather has been very hot and with the same time ln«t ycart
7. State any favorable or unfavorable circumstances relative to the
sbowery.
was
which
one
day,
except
week,
dry throughout the past
growtli and condition of the cotton crop in your section not covered by
;

The

interior reports delightful

showers, apparently extending

the above questions.

have appeared and are now webover a wide
Norfolk Department.
Ving up. The thermometer has ranged from 73 to 97, averaging
The Norfolk Cottciii Kxehange, tli rough their Committee on Information
inch.
an
of
and StatistiiB, coniposod of (leorjicL. Arps, Cliairman, John N. Vaiighan
The rainfall has reached ten hundredths
84.
Slate of
Helma, Alabama— We are having too much rain in some sec- and H. G. Reynolds issues the following report, covering the
Yiruinia and. tlic following Counties in North Carolina: Rutherford,
tlie
during
fallen
has
R«in
tions and need it badly in others.
Davidson, Iredell, Burke, Wilkes, CaUlwell,
Rowan,
Catawlw,
Lincoln,
past week at this place on five days. Caterpillars have appeared, Alexander, Davie, Forsythe, Yadkin, Stokes, Surrey, Rockingham,
Hyde, Pitt,
though the injury done is as yet limited. In general, however, Caswell, Person, (iranvillc, Warren, Franklin, Nash, Wake,
Green, Cartaret, Craven, Beaufort. Tyrrel, Wiwhiiigton. Martin, Bertie,
the crop is developing promisingly.
Northampton
Ciurituek,
Hertford,
Camden,
Gates,
Pasquotank,
Chowan,
Madison, Florida.— U has rained during the past week on two and Halifax.
The thermometer has ranged from 70 to 88, averaging 8-3.
days.
North Carolina and Yicginia.—82 replies from 28 counties.
The fields are clear of weeds and the crop is promising.
sixty-three report the weather dry and hot; 11 very favorable; 7 too
this
at
showers
light
been
two
'there
have
Georgia.—
Macon,
dry and unseasonable, and 1 too rainy. Thirty-four report the weather
point during the week, with a rainfall of twenty-six hundredths more favorable than last year; 26 less favorable, and 22 the same as
show an acreage
of an inch. The thermometer has averaged 83, the highest last year. Sixty-one report no land abandoned, and 20
of 3% per cent abandoned on account of drouth. Forty-nine report fair
being 95 and the lowest 71. Crop accounts continue good.
to good stands, blooming and forming well; 18 report, poor stands, and
Columbus, Georgia.— We have had rain on two days during 15 say the stands are the same as last year. All say late planting is
the week, the rainfall reaching one inch and eighty-tight hun- backward, owing to drouth; early planting is blooming and fonniug
well, blooms beginning as early as the 20th of June. Forty-six report
dredths. Average thermometer 85, highest 98 and lowest 81.
the condition of the crop as very good, 27 as fair, 7 as poor, 1 the same
Savannah, Georgia. We have had rain on five days, the rain- as last year, and 1 makes no renort. Forty-eight show a better condibut the rest tion than last year and 10 to 12 days earliei; 18 the same condition as
fall reaching one inch and thirty-seven hundredths
not so favorable a condition as last year, owing to dry
of the week has been pleasant, the thermometer ranging from last year, and 16replies
indicate a very forward and promising crop;
weather. Ten
75 to 96 and a-veraging 84.
condition
and prospects, but great need of rain, the late
fair
38 show
Augusta, Oeorgia~We have had warm, sultry, wet weather planting— amoiuiting to 5 or 20 per cent of the .crop-suffering in consethe past week, with showers on six days, the rainfall reaching quence; 5 indicate a bad and unpromising condition, and 29 make no
Lice are reported in one county.
seventy-seven huodiedths of an inch. The thermometer has replies.
averaged 82, ranging from 74 to 90. Accounts good and crop
Charleston Department
area.

Caterpillars

—

;

1

progressing

covers the Slate of Sotith Carolina, and

finely.

is

prepared and issued by

tli

e

showery two days the Charleston Cotton Exchange, through their Committee on Infonnation
two inches and four hundredths. and Statistics, composed of A. Norden, Chairman, R. D. Mure, E. Willis,
past week,
Fatman, L. J. Walker.
The thermometer has averaged S5, the highest being 96 and the Wm.
Soath Carolina. 77 replies from 80 counties.
lowest 71.
The weather for the month of June is Bnivcrsally reported as very
The followiog statement we have also received by telegraph,
no rain in fact having fallen, except in some sections on the 29th; a
showing the height of the riveis at the points named at 3 o'clock drj',
few report too many windy and cool nights, balance excessively hot.
July 15. 1880, and July 17, 1879.
"The weather for the season to 30th June is reported as more favorable
July 15, '80. July 17. '79. by 33, about the same by 16 and less favorable by 28.
Feet. Inch.
Feet. iDPh.
But a trifling amount has been abandoned, and, taking the whole State,
10
11
6
7
Below hlgli-water mark
New Orleans
not more than'in average years.
10
10
mark...
low-water
25
3
Above
Memphis
Stands are reported as goo<l to very fine by 69 and poor by 8. Early
H
«
3
Above low-water mark...
Nasliville
planting is nniveisally reported as blooming and fonning well, but late
3
10
mark...
low-water
11
Above
4
Blireveport
planting has been so retarded by dronght that it is quite small and not
•2
U
19
33
Above low-water mark.
VicksUure
yet blooming in some sections but all report that with rain soon it may
catcli up.
New Orleans reported below high-water mark of 1871 until yet
The present crndition of the crop, as compared with last year, is reBept. 9, 1874, when the zero of gauge was changed to high-water ported by 47 as better, by 14 about tlie same, and by 16 as not so good
mark of April 15 and 10, 1874, which is 6-lOths of a foot above but all report the crop exceptionally clean, the long dry spell giving
plantqvs every opiwrtunity of getting rid of grass, and generally keep1871, or 10 feet above low-water mark at that point.
ing clean even the Increased acreage, which at date <;f our la.'-t report
Department.
The
following
many thought could not be accomplished with the limited labor at comJuly Report of Aoricultural
statement, showing the condition of cotton, was issued by the mand.
Sarannah Department.
Department of Agriculture July 15
" The returns to this Department show an increase in the conThis report covers the State of Georgia and the State of Floritla. The
through
dition of cotton since the June report. The condition is reported report is prepared and issued by the Savannah Cotton Exchange,
Committee on Inlormation and Statistics, composed of J. H. Johnat an average of 100, being the highest reported in July since their
ston, Clavius Phillips, J. J. Wilder, L. G. Young and F. M. Farley.
several years.
(jeorgia. 117 replies from 68 counties.
" The following are the reports by States
The weather during the month of June was hot and dry—just what was
" Forty -five counties in North Carolina average 101 19 counneeded to clear the fields of glass, rendering it unnecessarj to abandon
ties in South Carolina average 99 ; 70 counties in Georgia any lands planted in cotton, except where labor was particularly scarce.
average 97 16 counties in Florida average 92 81 counties in Stands are fair some giassy Helds were partially injured during the
while chopping out; the plant is fonning and blooming well; it is,
Alabama average 93 40 counties in Mississippi average 99 16 spring
however, too small for the amount of fruit it is putting on, and when the
eonnties in Louisiana average 96 71 counties in Texas average rains commence and the weed begins to grow, we must expect com111 33 counties in Arkansas average 104 ; 23 counties in Ten- plaints of shedding. The crop compares favorably with that of last year,
though in most sections it is now sutTei-iiig fur rain.
nessee aveiage 103.
" There are some complaints of drouth in North and South
Florida. 17 replies from 13 counties.
Carolina, and of too much rain in Mis.iissippi, Louisiana and
The weather has been generally good since the last report, and is a
little more favorable than at this time last year. Thcro has been no land
Arkansas. Insect injuries are not reported to any extent."
any coiisc<iueuce abandoned; the stands are good, and the plant formThe June and July condition figures, compared with the June of
ing and blooiiiiiig well. The condition of the crop generally is good,
and July figures for previous years, are as follows
being well cultivated, and will compare favorably with the same time
last year. There are some reports of caterpillars and rust, but no harm
Charleston, South Carolina.— It has been

the rainfall reaching

—

.

.

. .

;

—

—

;

;

;

;

;

;

;

;

;

—

:

1880.

1579.

1878.

1877.

1876.

Slates.l

June. July. June. July. June. July. June. July. June. July.

S. Carolina
8. Carolina

92
104
98

101
99
97
92
93
99

OS

94

104
81
86
91
96
92
93
90
103
101

87
99
101
98

81
104
105

82
91
89
92
90
91
98
91
94

88
87
90
95
94
93
102

101
98
103
82

104
90
103
98
100
94
92
99
97
103

has been done.
In ihe Sea Island sectio.i the weather has been warm and drj-, but is
now a little more favorable. Three ciunties report some land planted in
cotton to have been abandoned; the stands generally not so good, though
cotton is forming and blooming well.

Augusta Department.

This report covers part of the State of Georgia. Tlie report is prepared and issued Isy Jhe Augusta Cotton Exchange, through their Com90
100
mittee on Information and Statistics, composed of L. L. Znlavsky,
101
102
Alabama
96
94,
Chairman, S. M. Whitney, A. M. Benson, Geo. W. Crane, and F. W. Reid
96
92
Mississippi
98
98
Georgia. 36 replies from 20 counties; average date June 30:
Louisiana
97
96
98
95
89
1. With very few exceptions, our correspondents report the weather
T^Qxas
106 111
104 106
94
90
as warm and unnsaally dry, with some cool windy nights the last part
of the month. Some sections were without rain for from four to five
Arkansas.. 100 104
98
91
94
95
weeks. Rains set in pretty generally about tho 20tli.
Tennessee.
99 103
98
94
96
a7
93
2. Fsurteen replies report the weather as more favorable; 60s same
and 16 as less favorable than last year. On the whole it may be conCotton at Galveston, HouisroN and New Orleans. By sideiv d fully as good.
telegraph, the receipt of fii'st bale of new Texas cotton is an3. Only 6 coi respondents report any abandonment, and that of so
that it is not worth mentioning.
nounced at Galveston, and another at Houston, on July 12, and small an extent
4. Eight reports state stands as very good and unusually good; 24 as
at New Orleans from Galveston, on July 15. The Houston bale good ; J as average and 1 only as not good. The plant, though scuerally
was received by T. W. House, classed strict middling, weighed rather small, is fornilng well, and earl.v cotton alreaily blooiuiug well;
four hundred and fifty-three pounds, and was from De Witt in fact, several good correspondents report too free a development of
plant for its size.
County. Last year the first bale of cotton reached Galveston the
5. Six correspondents state condition as unusually good; 17 as good;
JTuly 2 from De Witt County.
OS very promising though small and only 2 report a poor couOition

Georgia
Florida ....
.

.

.

.

.

New

93
95
96
99
95
04
100
94

.

—

;

—

;

H

;

—

-

July

THE CHRONICLK.

17, 1880.]

All iisrcm that tlnlilB iiro wnll workHil and clean, plant healthy and
stroHK, and in K"oil condition til meet adverse liifliiiiiii-«8.
much
6. FonrtOHn r.!i)lio8 state the (lompaiatlve eoiidltion as helntf
better than last year; 10 report fully as Kood; 10 as less favorable; 1
"
pnispoots
agree
that
nnOorlty
as worse than last year. But, the larue
are hettcr the presjMit condition iieintj dctlcieiit only in size of plant, a
backwardness easily remedied by favorable weather.
7 While the weather durlhjt the month was very dry, in some sections
the
no 'rain having faUen fnmi May -riiX to June 2nth, and chockedtheir
RTOwth of the plant, it undoiilitcdly enabled planters to save
rainy
which,
with
feat
(tnisses—
a
acreaite, clean their fields and kill out
weather on a largely increased acreage, wonld have been very hard to
Comparatively coid uiithis the last half of June also
accomplish.
helped to ehe<^k prowth. But. as a r\ile, the plant has been amply noiu-

fertilizers, Is now stronR and liealthy. and with seasonable
weather is undoubtedly more pronnsiux tlum last year. We are glad to
add that inforniation received since date of our reports make it almost
•certain that since July Ist rains have been general, and the anxieties of
planters as to coutlnuod dry weather and consetiucnt damage have been

Ished by

Tully dissipated.

covers the 8taU of Alabama as far north as the summit of the Band
Mountains, and the following OnnnlUs in mssissimi: Wayne, Clark,
Ja«per, Lamlerdale, Newton, Kemper, Neshoba, Nebaboo, Winston,
Lowndes, Oktibbelia, Clay, Monroe, Chicasaw, Itawamba, Lee, Pontotoc,
Prentiss, Alc'irn and Tisliamlngo. The report Is prepared and Issued by
the Mobile Cotton Exchange, through their Committee on Informitlon,
.and Statistics, composed of T. K. Irwin, Chairman, Julius Buttner, 8.
Haas, G. Thos. Cox and O. L. Hopkins.

Alabama.—75

replies

from 42 counties.

The weather during June was generally favorable -more favorable than last year in all the counties except 7, which are among the
!nio»t productive. Very little land was abandoned— about an average of
2 i>er cent in 6 of the most productive counties, on account of tlie
insufficiency of labor for the acreage planted. The stands are fair to
good and the plant is blooming and forming well. The present condition
of the crop Is generally good, some few correspondents reporting it not
good on account of grass. As compared with last year the condition is
from as good to better, except iu 8 of the most productive counties for
reasons noted above.

—

not so good.

Orleans Department

covers that part of the Slntt of Hississippi not apportioned to the Memphis and Mobile Cotton Exchanges; the entire Stale of Louisiana, and
ihe Stale of Arkansas south of the Arkansas Elver. The report is prepared and issued by the New Orleans Cotton Exchange, through their
Committee on Information and Statistics, composed of Win. A. Owyn,
Chairman, W. H. Hawcott, W. A. Peale, E. M. Hogan, Scott McOeliee
John Lawson, Chris. Chaffe, Jr., and J. P. N. Baquie.

Lonisiana.

damage.

Nashville Department
covers iliddle Tennessee eiwt of the Tennessee River, and the following
(Jiyuntiea
of Afi/ftomn:— lynuderdule, Ernnklin. floiliert, Lawrence,
Morgan, Limestone, Madison, Marslinll, Jackscpii, DcKalb and Cherokee.
The report Is prepared and Issued by the Nashville U>tton ExobaDKO,
tlirougn their Committee on Btntistlcs and Information, compoMd of
I.rf5onard Parkes, Chairman, Ii. Lnnler and J. P. Dubblus.

Tennessee.
Twenty answer the weather dry until the 29tb, with oool uigbt* to
the 15th 1 no answer.
2. Ten answer more favorable; .5 less favorable; 6 about the same.
3. All answer none abandoned, but one says about 10 per cent should
1

.

have been.
4.

Twenty answer stands good and blooming

iulured from
5.
is

well

says stand*

1

;

lice.

Eleven answer the condition of the crop

is

very fine

;

10 say that

It

good.
0.

Nine answer equally as good

;

7 that

it is

much

better

S that

;

it

is

not so good.
7. All say that cotton suffered from cool nights until about the l.'jth
They say that the crop has been well culinst., but has since recovered.
tivated ond was never better than nt this time.
Most of the replies came to hand before the continuous wet weather
we have had. aud I think it would have the effect to make the plant

grow

too rapidly.

Alabama.—
1.

Twenty-four answer that the weather was dry until about the 26th

insU°, with oool nights to the 13th.
2. Six answer more favorable ; 10 about the same ; 8 less favorable.
3. Four answer about 2 per cent have been abandoned; 1 says from

5

19 say none abandoned, but 10 per cent
to 10 per cent abandoned
should have been.
4. Four answer stands not good, but blooming well 20 say stands
;

good and blooming well.
5. Nineteen answer that the present condition

Some

is

good

;

5 not good.

of the cotton still in the grass.

Nine answer not so good as last year 15 ab3Ut the same condition.
Most say that a wet May and a large acreage planted caused about
one-third of the crop to be neglected then the cool nights to June 15
caused Hoe which retarded the growth and they think if the present
wet weather continues that much of the crop would be lost by the grass.
6.
7.

;

;
;

New

June

cent better; I 00 per cent bettcn 4 2.^ per cent better, 2 20 per cent
better; 5 10 per cent better.
The comjilalnt of an excess of rain cotncs from the immediate coast
counties and some few countiCN In Nortliennt Texas. Home c^>untles
report want of rain, but make no complaint. Since these replies wer»
written the rain has ceased to a great extent, and the weather Is much
mure favorable. Some complain of a few worms, but report little or no

;

Mississippi. 33 replies from 20 counties.
The weather during June was generally favorable, more favorable
than last year, except 6 counties, 3 of which are among the most prodnctive, Very little land was abandoned. The stands are good. The
plants are generally blooming and forming well. Present condition
generally good. There is some little complaint of grass. As compared
with last year, the crop Is from as good to bettor, very few reporting
ii

75

;

Mobile Department

.the

9

—113

replies

from

37

parishes; arerage date

30.

Memphis Department.
covers the S(,i(e o/reiDiessff, west of the Tennessee River, and the folMississippi; Coahoma, Panola, Lafayette, Marshall,
lowing Counties
De Soto, Tunica, Benton and Tippah, aud the Stale of ArlMnsas north of
Arkansas
Kiver.
The report is prepared and Issued by the Memphis
the
Cotton Exchange, through their Committee on Information and
coniposea
of
H. M. Noely, Chairman, H. C. Hampson, T. B.
Statistics,
Hartmus, H. F. Rose, H. Furstenheiiu, W. A. Gage and J. C. Johnson.

m

—

The weather for the month has been too rainy, the avernge season to
date compared wiih last year is about the same.
Replies from 14 parishes show an average of 5<a per cent of the lands
planted have beeu abandoned on account of wet weather and grassy

West Tennessee. 51 responses.
Weather— 16 report the weather for the month of June very favorable,
with seasonable rains; 15 report first two to three wcwks dry, with last
week to ten days very wet; 10 reiwrt first week to ten days wet, with
•
condition
weeks dry; 16 report the weather very unfavorable.
Stands on the whole are good, two-thirds of our replies report the plant last two to three 1879-25
report much more favorable; 10 about the
Oompared with
blooming and forming well, while one-third state the contrary.
abandoned crops— iO report no part of
Condition of the crop with few exceptions good, about the same as last same; 16 less favorable. Of
fr(!ff!i 1
abandoucd;
5
report
to 8 per cent abandoned, on
cotton
crop
year.
Eighteen parishes report the appearance of worms, and the River account of wet weather and excessive grass; average 25-100 per cent.
6'oom
i«(7—;iO report very fine stands. 19 good, 12
/ormiHSKiiid
Stami*.
Parishes complain of rust -nd blight. The plant is reported as growing
only moderately good; all rt-po- 1 forming and blooming well. Oonditton
very rapidly and running to weed.
o/ co(to» croy>— 20 report very fine condition, well cultivated, free of
Mississippi. •123 replies from 35 counties ; average date grass and woods; 20 good condltiou, but slightly grassy; 5 well cnlUvatod, but small aud needing rain; 6 plant healthy, but very grassy.
June 30.
Compared with 1879— 26 report crops much better; 10 about same 15
The weather during June is reported as having beeu favorable up to not so good. For miscellaneous, see aggregate.
the 20th, after which too much rain (although a few Upland oouutles
North Mississippi.— 41 responses.
report very dry), and compares favorably with last year.
Twenty-two counties report no lauds abandoned; 13 counties report
Weather— 10 report the weather very favorable, with seasonable rains;
from a slight amount to 5 per cent abandoned, owing to the recent rains 14 first two to three weeks dry, with last week to ten days very wet; 7
and grass.
first week to teu diys wet, wi' h last two to three weeks dry; 15 report
The stands are reported good, blooming and forming well.
tile weather unfavorable.
Compared with 1879—15 report much more
The pre.sent condicion is good and compares favorably with last year. favorable; 11 about same; 13 less favorable. Of abandoned crops—39
There is some complaint that the recent rains hare caused too rapid report none abandoned; 5 report from 1 to 3 per cent abandoned on
growth, rust and blight.
account of wet weather, grass and lack of laborers, averaging 25-100
— 16 report very fine stands; 17
Arkansas.
301 replies from 33 counties ; arerage date percent. Stand, forming and blooming
good; 8 only moderately good; all report forming and blooming well.
June 30.
Conailion of crop -Vi report very fine condition, free of gross and weeds;
The weather during the month of Juno (with few exceptions) was 26 good, but slightly grassy; 3 plant healthy, but very grassy. Comfavorable up to the 20th— more favorable than laatyear. Since then, pared with 1879—18 report very much better, 1 1 about same; 12 not so
however, too much rain has fallen for the cultivation of the crop. good. For miscellaneous, see aggregate.
Eleven counties report a small percentage of land.4 abaudonel, owing to
North Arkansas. 59 responses.
exoessire rains last part of the mouth, to overflow and to soaroity of
Wealhet^—ZO report weather for June very favorable, with seasonable
labor.
rains; 27 first two to three weeks dry; List week to ten days very wet; 2
Stands are reported good plants are blooming and forming well.
The present condition is good; in comparison with Ust year, somewhat first week to ten days wet, last two to three weeks dry; 10 report the
weather unfavorable. As compared with 1379—31 report much more
better.
Twenty-six counties report that the plant is growing too rapidly, on favorable; 18 about same; 10 less favorable. Of abandoned crop—
account of the late rains, and some few complain of rustand l>ou worms, report from 1 to 8 per cent of crops abandoned on acoount of wet
weather, excessive grass and lack of labor; 50 report none abandoned;
but no serious damage.
average, .58-100 per cent. Stand, forming and blooming — 21 report very
fine stands: 30 good; 8 only moderately good; all report forming and
Galreston Department
blooming well. Cond itian of crop 33 report crops in very fine condicovers the StaU of Texas, and was prepared and issued by the Galveston tion, well cultivated, free of grass and weeds; 20 good condition, well
Cotton Excliange, through their committee on Information and Statistic*, cultivated, but slightly grassy; 6 not well cultivated, and very grassy.
oomiTOseil of J. I). Skinner, Chairman, Chas. Kellner, J. M. Northman, J.
Compared 'with 1879—35 report much better condition; 18 about same ;
M. King and T. J. MoCarty.
6 not so good. For miscellaneous, see aggregate.
Texas. 136 answers from 90 counties.
Aggregate. 151 responses.
In reply to our first question, as to the character of the weather since
1. Wealher.—76 report the weather for the month of Juno as having
June 1, 39 report the weather wet and unfavorable; 93 report the been very favorable, with seasonable rains; 56 report the first two to
weather favorable.
three weeks very dry, with last week to ten days very wet; 19 report the
In reply to the second question, whether the weather had been more first week wet, last three weeks dry with cool weather; 41 report the
or less favorable than last season, 26 report the weather less favorable, weather unfavorable.
110 report the weather more favorable.
2. Weather compared with 1879.— 71 report weather haTingbeenmuoh
In reply to the third (luestion, whether any lands had been abandoned, more favorable; 39 about the same; 41 less favorable.
20 rei)ort an abandonment of from 3 to 5 per cent, owing to wet weather
3. Abandoned colton.—19 report from 1 to 8 per cent of cotton crop
and ovor-oropping, 116 report no abandonment.
abandoned on account of wet weather, grass and scarcity of laborers,
In reply to tbe fourth question, as to the stands and whether thepbints averaging
^S per cent of entire crop: 132 report none abandoned.
were blooniing and forming well, 6 report stands not good; 130 reiiort
57 report stands forming and bloom4. Stands, forms and blooming.
stands go<«l; 9 report plant not blooming and forming weU; 127 report ing very flue; 66 stands good, forming and blooming well; 28 stonda
plant blooming and forming well.
only moderately good, but generally forming and blooming well.
In reply to the fifth question, 19 report present condition
not good,
5. Condition of cotton crops.— 65 report very fine condition, well onlMowing to too much rain; 71 report present condition good, and 46 report vated, free of grass
and werrts; 66 report good condition, though slightly
°
it very good.
grassy; 5 well cultivated, but small and needing rain; 14 report poor
In reply to the sixth question, as to how the present condition com- cultivation and very grassy.
,. i. »._
**** '"™* "™® '**' y**""' 1* report not as good; I /report
6. Condition compared with 1879.-79 report condition much better.
'^'^x.'""'
condition same; 105 report couditioa better; of which 1 reporU 100 per 39 about same; 33 not so good.
;

—

—

;

—

—

—

—

.

THE (CHRONICLE.

76
7

Minetllanemit.— "When mentioned, the cotton crop

is

reported from

[Vol.

XXXI.

CALCUTTA, MADRAS, TUTICOBIN, CARWAB, RANGOON AND KURRACHBE.

excessive
to 14 d!iy« earlier tlian last year. Much complaint is made or
rains the last weelf in June, causing cxeeasivo growth, considera ile
Bheddlnc of forme, and the backward cultivator.s are seriously troumeil
-wUb grass, expressiuc fears of further abandon nicul of portions of their
orop8; 23 report mucn damage from cold weather.

8

GuTJST Baos. Baqqiso, Etc.— But little change is to be noted
in the market. Business is of a jobbing character, and no diaI>osition is shown to take large parcels except at a concession,
which holders are not \willing to make. Prices are nominal
and we continue to quote 10c. for 1% lbs., lOMc for 2 lbs., and
lie. for standard qualities. Butts are also quiet and we do not
hear of any transactions except for present wants. There is a
firm feeling among dealers and prices are fully maintained, 3@
SJic- being the figures at the close.

Comparative Pokt Rkcbipts and Dailt Crop Movembnt.—

A comparison of the port movement by weeks
•a the weeks in different years do not end on the
We have consequently added to our
month.

not accurate,
same day of the
other standing
tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative
movement for the years named. The movement each montli
wnce Sept. 1 has been as follows:

Great

Year Beginning September

Monthly
1879.

Bepfmb'r

333,643
888,492
942,272
956,464
647,140
447,918
264,913
158,025
110,006
88,455

October.

Uovemb'r
Deoemb'r
January
.

February.

March...
April....

May
Jane

1876.

1877.

1878.

4,000
9^000

288,848
689,264
779,237
893,664
618,727
566,824
303,955
167,459
84,299
29,472

236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,194
63,939
36,030

the ports
of last year.
shipments this

9B,491
578,533
822,493
900,119
689,610
472,054
340,525
197,965
96,314
42,142

This statement shows that up to June 30 the receipts at the
ports this year were 415,579 bales more than in 1878-79 and
By adding
599,083 bales more than at the same time in 1877-78.
to the totals to June 30 the daily receipts since that time
the
we shall be able to reach an exact comparison of
movement for the different years.
1878-79.

1877-78.

1876-77.

1875-76.

1874-75.

Tot. Jn.30 4,837,328 1,421,749 4,238,246 3,939,755 4,056,109 3,456,872
486
Julyl....
918
8.
313
1,073
1,904
•'
543
8.
2....
271
970
1,541
2,902
" 3....
650
1,521
1,176
1,864
2.518
li51«
" 4....
8.
"S.
629
761
848
1,009
" 5....
,668
414
1,163
367
2,624
2,067
" 6....
914
780
840
961
1,530
S.
" 7....
656
1,112
849
1,18-;
S.
1,764
••
8....
334
452
3,045
2,068
930
S.
" 9....
679
4,503
563
1,013
815
S.
"lO....
322
793
872
2,232
798
1,128
11....
8.
S.
287
674
634
694
" 12,...
479
463
399
1,034
1,485
1,874
6-29
"13....
983
S.
346
726
439
" 14....
409
S.
2,187
758
1,282
1,205
" 15....
206
834
783
8.
978
325
" 16....
255
563
364
2,632
S.
653

4,866,895 4.428,841 4,230,294 3,950,712 4,071,569 3,468,338
Total
Percentag 6 of total
99 -.53
97-80
97-83
97-15
99-18
p'rtrec'n ta July 16.

This statement shows that the receipts since Sept. 1 up to
to-night are new 438,051 bales more than they were to the same
day of the mouth in 1879 and 61(),G!)1 bales more than they
were to the same day of the month in 1878.
add to the last
table the percentages of total port receipts which had been
received to July 16 in each of the years named.

We

—

India Cotton Movement prom 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
Teport from Bombay, to furnish our readers with a full and
complete India movement for each week.
first give the
Bombay statement for the week and year, bringing the figures
to July 15.

Shipments this week
Brit'u.

Conti-

nent

Shipments since Jan.
Great

lotal. Britain.

Continent,

1880 4,000 6,000 10,000 344,000 447,000
1879 1,000
1,000 234,000 301,000
1878 0,000 12,6o6 21.000 278,000 374,000
1877 ] ,000
1,000 359,000 395,000

1.

Shipments
Europe

to ail

from—

Total.

Weelc.

This

Since
Jan. 1.

week.

10,000
5,000

791,000
265,000

15,000

15,000 1,056,000

16,000

Bombay

1878.

Since
Jan. 1.

This
week.

1,000

This
weelf.

Since
Jan. 1.

533,000
272,000

21,000

6,52,00<>

807,000

21,000

774.000'

122,000

This last statement affords a very interesting comparison of themovement for the week ending July 15, and for the three-

total

years

up

to date, at all India ports.

—

Alexandria Receipts and Shipments. Through arrangements we have made with Messrs. Davies, Benachi
Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments the past week and for the corre«Sc

eqmnding weeks of the previous two years.
Alexandria, Egypt,
July 15.

1879.

1880.

Receipts (cantars*)—
This week....
Since Sept. 1

1878.

1,000
2,767,000

1,663,666

3,204,606

This
Since
week. Sept. 1.

Since

Tiiis

week. Sept.

This
Since
week. Sept. 1..

1.

Exports (bales)—
To Liverpool
To Continent

"666 174,328

289,780

169,000
78,500

1,000 2.15.00O
103,00

Total Europe

666 464,108

247,500

1,000 103,000-

A cantar is

98

»

lbs.

This statement shows that the receipts for the week ending..
cantars and the shipments to all EuropeJuly 15 were
were 666 bales.
•

—

Manchester Market. Our report received from ManchesterJuly 16 states that there has been a steady business in progress,
We give the prices of to-day below, and.
at unchanged prices.
leave previous weeks' prices for comparison.
1373-79.

1879-80.
Cott'n

328 Cop.

8>4lb8.

Mid.

Twist.

Shii-tings.

Uplds

d.

d.

May

14 91231014
21 9I2SIOI4
" 28 OiisalOM
June 4 9J2®10»4
" 11 9i2®10i4
" 18 gi^aiOM
" 25 9 ® 9%
July 2 9 ® 9%
"
9 9U®10
'

'

16'

9i4®l0

d.

d.

s.

d.

6
6

7ia®7

712

®7
7i2®7
7%®7
7>2a7
7^®7
4>2®7
i^@7

9

6

7i2'a>7

7^2

6
6
6
6

6
6

6
l6

s.

9

7I3
712
7>2
7^2
6

The Exports op Cotton

6II11J

SUlbs.

Twist.

Shirtings.

d.

d.

d.

s.

8.

li2®8

d.

II2

5 10i2®7 10i2
i)^rl>i)\ 5 10i2®7 IOI3

9i4S9«l 6
6=8
613i3 9i4®9% 5
9ia®9%
3
d'hc
6% 8''8®9'8 5
8''8®958 5
634
61316 8%®938 3
6''8
ai-'saOH 5

from

Cott'n

32s Cop.

6U16 938®10
613,6 938® 10

7i2®7 713

New York

®8

10i3®7 10%
9 -37
7i-j®7

7i2®7
6
6

this

Mid.
UplOft
d.

7li«

61»i«

7

7

9

6'9

(>

e'e
6'°is
CTg

®7 6
®7 6

W»i»

week snow

a.

decrease, as compared with last week, the total reaching 8,466
Below we give our usual
bales, against 13,477 bales last week.
table showing the exports of cotton from iSew York, and their
direction, for eacli of the last four weeks; also tlie total exports
and direction since Sept. 1, 1879, and iu the last column the total
for the same period of the previous year.

Exports or Cotton

(bales)

from New

'SfORK since Sept. 1. 1879.

"

Same

Week endingExported to—

June
23.

6,867

June

July

9,077

6,311 430,719 241,165.

14.

30.

9,158

Total to period
date. preri'ua

July

yciir.

•-•8,300

other British ports

Receipts.

This

1

10,o9S

Total to Great Britain 6,867 9,158 9,077 6,311 459,219 254,75»

BO.MBAY RECEIPTS AND SHIPMENTS FOR POUR TEARS.

Year Great

2G5,0OO
272,000
122,000
133,000

INDIA.

1879.

1880.

We

down

75,000
104,000
51,000
50,000

For the whole of India, therefore, the total

EXPORTS TO EUROPE FROM ALL

*

1879-80.

190.000
168,000
71,000
79,000

as follows.

1874.

TotJn. 30 4,837,328 1,421,749 4,238,246 3,939,755 4,056,109 3,456,872
Fero'tage »f tot. port
98-85
96-73
99-42
97-52
97-56
receipts Juno 30..

6,000

1.

Total.

week and since January 1, 1880, and for the
corresponding weeks and periods of the two previous years, are

1.

134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
81,780
56,010

Britain.

5,000
15,000

1,000

Continent.

totals for this

Total

169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593
92,600
42,234

Great

Total.

week show that the movement from
other than Bombay is 10,000 bales less than same week

The above

is

1875.

Continent.

Britain.

1880
1879
1878
1877

All other p'rts.

Beceipts.

Shipments since January

Shipments this week.
Tear.

Since
Jan, 1.

791,000 7,000 1,023,000
535,000 7.000 854,000
652,000 15,000 833,000
754,000 2,000 980,000

According to the foregoing, Bombay appears to show no increase
or decrease compared with last year in the week's receipts, but
an increase in shipments of 9,000 bales, and the shipments since
January 1 show an increase of 256,000 bales. The movement at
Calcutta, Madras, Tuticorin^ Car war, &c., for the same week and
.years has been as foUows,

3,392

2,890

336

1,660

34,304

14,29^

3,392

2,890

336

1,660

34,304

14,395

508

915

115
80

495

36.725
19,055
25,698

15,073
2,202

493

81,478

20,110

6,678
3,406

5,610

10,081

5,610

100

Other French ports

Total French

Bremen and Hanover

....

Harabm-g

Total to North. Europe
Spain, Op'rto, Gibralt'r,&c
All other

Total Spain, &o

Grand Total

"iii
619

1,433

915

1,648

1,416
1,416

10,908 12,963 12,477

2,835

8.466 585,085 294,873

—

.

July

THE CHRONICLE.

17, 1880.J

The Following aub the Keueipts op Cotton at New York,
Boston, Philadelphia and Baltimore tor the past week, and since
September

New

from —

Saturdat.

1

Te.xas

445

27O,lS0,9o7

Flori<la
B.Car'lliia
N.C:ir'linn

5.060
1,0'^'J 112,719
72 41.983

1,290
31

Viriii'-iln-.

14l;203.(i39

54.636
312 131,994
3,132:154,498

North.

1

i)t«

1,001212,794

.

250

65

IS

13,209
10,010

563

80,02ti

11

7H1
15,0U0

...^.

561

63,i'o'7

5,330

1

Delivery,
6i3,gj Sept.-Oet
02032 Oct.-Nov
Nov.-Dec
<i^

4,113

3,904 420.730

645 80,992

2,100 188,041

tastyear.

2,912 892,838] 2.3531360,429

218 89,198

342 101,070

.

• 1,077,588.

Aug.-Sept

I

Deiivery.
oaTj-.a's

July
July-Aug

01.I18
6 ^<«'.i032

I

Delivery.
Sept.-Oet

Oct.-Nov
I

July-Aug

Total bales.

HswYORK—To

604....Nasniyth, 1,441

3,538
8,o03

104
2,052
1 ,050

1,030

....P.irthia, 398. ...Malta, 213
Pbiladeli-hia-To Liverpool, per steamers ludiaua, 500

1,482

6,106

i.or(lGough, 1,106

31,971

Total.

particulars of these shipments, arranged in our

usual

Torm, are as follows:

KewYork
Kew Orleans

Bremen. Genoa.
495

Ronen.

8,003

18,547

9,723

104

3,338
1,030
1,482
Philadelphia.... 6,160

2,052

Baltimore

Total

1,050

104

2,032

1,543

Total.

8,460
13,757
2,100
1,482
6,160

31,971

l*elttery,

Oio,„
6"!ii

Aug.-Sept

e\

Nov.-l)ec

ffJ..

aii>'^^

July

a«i
Delivery,

6=632

!

.Sept.-Oct

6»i8

0%

I

Oet.-Nor

fllljj

Dehvery.
July
July-Aug
Aug.-Sept

I

I

Delivery.
Sept.-Oct..

627,2
O-'aa
02^32

Oct.-NoV

Nov. Dec
July

.ffl.

eJIL

July
July-Aug

Mon.

Satur.

8all...rf.i

Havre, steam
sail

Bremen, steam,
sail

Wednes. Thurg.

Tues.

c.

"18

t\

13

.c.

H

c.

^16

'•'10

»10

»18

"a

la

»3
I3

•a

H
7i6®l3

Do

steiuu.c.

31«

9l6

8ail...rf.

Hi

»2

"33®%

11,2338

steam

d.

sail

Tie®

la

»16

"32®%

lljjaa

13®»16

9l6

»1S

^3

I3

1132®% 1I32®'8

^16

5irt

— By cable from Liverpool, we have

LiVEuroOL.

7i8®>a
»S®9l8

''id® "3

6,n

c.

9l8

''l6®'°32 rig-a)1032 'l8®l''32

'l6®1^32

8ail...f/.

Amst'd'm,

Frl

^i^ai^ 3,5®^, 3i8®l4 ^le^H
'lB®'4
"asS'sa ^32® '32 ^32 *''32 ^32® "32 »32®''32

Hamburg, steam. rf.

Do

the following

Btatement of the week's sales, stocks, &c., at that port:

June 25.
Sales of the week
bales.
Bales Amerieau
Of which exporters took

Of which

speculators took..

Actual export

Forwarded
Tetal stock— Est imated
Of which American Estim'd
Total import of tlie week

—

Of which American

Amount afloat

01 which .\merlcan

36,500
26,.500

4,000
2,300
10.000
^ 7,000
t84,000
532,000
68,000
62,000
336,000
176,000

July

2.

43,000
32,500
3,900
1,770
7,900
13,000
763,000
514,000
99,000
79,000
282,000
132,000

July

9.

July 10.

47,500
35,500
4,700

50,000
40,000

1,470
6,100

3,100
5,300
12,000
71 7,00c
473,000
27.00C
19,500

19,500
755,000
501,000
63.000
32,500
202,000
116,000

5,00tf

20:i,000

124,000

The tone of the Liverpool market for spots and futures each day of the
week eiuliiiK July 16, and the daily closing prices of spot cotton, have

been as follows:

ti\

Firmer.

7

Tiiesd.iy.

Good
demand.

7

Wednes. Thursd'y

Friday.
Fair dem.

Quieter.

Easier.

freely

6''a

6''8

O'^e

7

7

7

mut.

July

Bpcciic ejcp.

Delivery.

7,000
1,000

Aug.-Sept
Sept.-Oct

013i8®'-7:i2

July-Aug

62032

10,000
1,000

10,000
2,000

8,000
1,000

8,000
1,000

8,000
1,000

Futures.

Oct.-Nov

.6»3a

01732

Fridat, P, M., July 16, 1880.

The

flour

week; In

market has

fact, there

ness; but in the

been so active and buoyant as

notT

]a.st

has been at times some appearance of weak-

aggregate trade has been good and prices have

made some further improvement.
for export, but dealers

The demand has been mainly

have been steady buyers and some of

their favorite brands are decidedly dearer.

To-day there waa

a scarcity of desirable grades, causing a comparatively small

Rye flour and corn meal are also dearer.
The wheat market has been irregular and unsettled, both as
regards tone and prices. The business in the regular way has
been checked by the scarcity and higher rates of ocean freights,
as well as the wide disparity between " spot" prices and August
causing purchases

The

to be limited to the most urgent

speculation has been active, and prices fluctaated

They were unfavorable from the West and
when there was bad
England, and it was reported that Russia had

with crop accounts.

favorable from Europe, until yesterday,

weather in

interdicted the export of wheat, while Minneapolis ret)orted
weather very favorable. To-day the market was buoyant; No.

16% for July, $1 10^4 for
August, and $1 09,^ for September; and No. 1 white at $1 09
for August.
Indian corn declined early in the week, and No. 2 mixed
sold on Tuesday quite freely at 48c. for July and August.
At this price the demand was almost unprecedentedly
active, and prices recovered, closing yesterday at 49c. for July
and August, and 49/^c. for September. To-day the opening
was at a further advance, but the close was at about the above
figures.
No. 2 white Western sold at 53c., and prime yellow
2 red for future delivery closed at $1

at 51c.

Rye has been more

firmly held, but unsettled and somewhat
Barley malt has sold at $1 05 for prime six-rowed
State and $1 25 for choice Canada.
Oats have been dull, drooping and unsettled on the spot.
Speculation has also been quiet, but some transactions have
been made in No. 2 mixed for August and September at 33c.
To-day the market was dull, No. 2 graded closing at 34Mc. for
mixed on, the spot, and 36c. for white.

nominal.

The following are

closing quotations:

QRAIX

^bbL$2 65«

90®
60®
Bprins; wheat extras.. 4 25®
do XX and XXX... 4 75®
Winter shipp'^ extras. 4 40®

Winter superfine
Spring superHne

3
3

3 25

4
4
4
6
5

20
00
00
23
00

Dull
steady.

and
ea..*ier.

Flat.

Very

Barely

dull.

steady.

WheatNo. 3 spring, ^ bu,$l 05
Ill
No. 2 spring
Amber winter .. . 114
Kod winter. No. 2 1 19

White

No. 1 white
XXaudXXX... 525® 050
000® 800 Corn— West, mixed
Patents

do

Southeiu, baKers' and
family brands
Soutli'ii sliip'g extras.
Rye flour, supeiUne..

4 75® 5 25
4 40® 5 60

Western, <feo
Brandy wine,

5 50® 6 75
4 75® 5 23

Rye
Oats— Mixed
White
Barley— Canada W.

2
<^c

West'n No. 2, new
West, yellow, new
West, white, new

4 60® 5 00

Corn meal
Quiet.

Delitery.
62.133

BREADS TUFFS.

Western '-rye mix"...
City shipping extras.

Haijcet,
5r. M.

Sales

Detit ery.
6iii8 Oot.-Nov
01733 |Nov.-Deo
.6»aa

FLOUR.

Saturday Monday.

Market,
>t,
\ Harden'g.
12:30 p
Mid. Upl'ds
6",o
Mid. Orl'ns.

Nov.-Dec
Dcc.-Jau

Fkidat.

No. 2
Bpot.

Delivery.
AUR.-Sept
Sept.-Oct

€,">it

Delivery.

needs.

Liverpool, steam (f.

Delivery.

61732
05)8

TUDRSDAT.
Delivery.

deliveries,

Cotton freights the past week have been as follows:

Market,

Bopt.-Oct

0133

d.

business.

Liverpool. Havre.
0,311
1,060

Boston

Do

I

Oasj.
01'j»

Delitery.

Delivery.

\

49.5

bark Eplirafm Williams, 1,880
To Havre, per ship Scotia, 4,073.. .per bark Katliluka, 3,990
To Rouen, per Hteimer Eglantine, 104
To Genoa, per ship Scioto, 2,032
Baltimore—To Liverpool, per steamer Veneznolaii, 1,050
To Bremen, per steamer Braunschweig, 1,030
BOSTON"—To Liverpool, per steamers Victoria, 39
Iberian, 832

Baltic,

0%

Aug.4«cpt

Aug.-Sopt

6,311
1,000

To Havre, ik-T Hteaiiier Ameriquo. 1,600
per bark Alamo, 190
To Bremen, per steamer Donau, 299
Kew Orleasb—To Liverpool, per steamer Alice, 1,658 per

Do

July-Aug

I

July-Aug

BritLirerpool, per steamers EnRland, 99 1
Adriatic,
annic, "loi
Nevada, 1,848. ...Algeria, 581

Do

|

Tuesday,
Delitery.

—

Shipping News. The exports of cotton from the United
States the past week, as per latest mail returns, have readied
Bl,971 bales. So far as the Southern ports are concerned, thesu
»re the same exports reported by telegi-aph, and published in
the Chuonicli! last Friday. With regard to New York, we
include the manifests of all vesseLs cleared up to Wednesday
night of this week.

Do

I

oil.,,

Wedsesdat,

TUB year.

The

d.

6»,,

<l.

July
JiUy-Aug

Aug.-Sept....

7.5

(i,0.J9

1

Touii.. &C.

Foreign

08,418

1,318
......

.

Dtliteru.

MONDAT.

5.279
2,575
84 15,900

23,543
2,909
38,373

1,247! 198.007
110,43.5

Savaimali
Mohilo...
.

Baltimore.

Philadelphia.

Boston.

York.

This
Sluce This
Since
Since
Sluce
This
This
week. jSept. 1. week. Sept. 1. week. Sopt.l. week. Sept. 1.

N. Orl'aus

The actual 8al«« of nitiire« at IJvcriiool for the (Mime week arc Kiven
below. ThuHii sales aro ou the haais of Uplauds, Low MidUlliig clauaa
imleas otherwise stated.

1870.

1,

Receipts

77

633
9

3 00
3 15

State, 4-rowed.,.
State, 2-rowed...
Peas—Cau'da.b.&t,

»1 07

®1 12ia
®1 19
®1 20
114 ®1 19
llSiaSlia
45
49
49
50
84

®

51

53
87
35

SI

40

33

82

49>a

•a

9

9i

...

:

:

.

THE (JHRONICLE.

78

IFrom the " Xeic York Produce Exchange Weekly.")

Beoeipts of flour and grain at Western lake and river ports
for the week ending July 10, 1880
:

Flour,
bbls.

At-

(106 lbs.)
37,238
38,793

Cauoaao

Milwaukee
Toledo

30
4,183
1,822
23,951
9,497
2,100

Detroit

Cleveland
Bt Louis
Feorta
Dulutli

Total

Same time

'79.

Wlieat,

Com,

basil.

bush.

(60 lbs.)

(50

Rye,
Oats, Barley,
bush.
bush.
bush.
(32 lbs.) (48 lbs.) (50 11)8.
li.085
1,968
228,110

lbs.)

127,9812,074,349
91.930
2?,800
173,849 352,016
45,186
2,687
37,350
86,850
432,794 21.5.545
1,250
3,168

2,720

32,781
16,704
6,927
6.400
63,215
99,000

2.59,425

Albany

'413

Buflalo
Cliioafo

i',S58

Duluth
Toledo

6,050

453,143
530,335
1 to

14.988
34,747

July

;7,803
48,463

10, inclusive

1880.
3,010,499

1879.
3,385,590

1878.
3,000,066

1877.
2,108,780

25,213,745
81,090,114
16,118,721
2,538,224
1,143,339

32,796,339
49,530.680
14.989,117
2.385,906
1,648,094

30,655,628
48,208,725
13,233,455
2,873,722
1,954,709

8,875,913
37,551,902
10,028.671
2,684,712
822,224

Total Kraln.... 126,104,143

101,330,136

96,976,239

59,966,422

Wlieat

bush.

Com
Oate

JSarley

Jtre

Total receipts (crop movement) at the same ports from Aug.
to July 10, inclusive, for four years:

1

1878-79.
6,120.146

1877-78.
5,772,460

4,767,472

87,598,195
125.591,744
30,532,155
10,405,103
4,095,327

88,895,105
89,601,075
30,928,929
9,527,052
4,604.437

74,140.869
82,298,341
25,695,012
9,352.582
3,931.526

38.271,898
76,500,823
21,074,458
8,457,562
2,780,173

Total grain. ...258,222,524

223,557,198

196,418,330

147,084,914

.bbls.

Wheat

bush.

Com

Oato
Barley

Bye

Comparative shipments of flour and grain from the same
ports from Jan. 1 to July 10, inclusive, for four years:

Detroit

Louis
Boston
Toronto
Mdntreal (3d)
St.

Pliiladelphia

284.919

Peoiia
Indianapolis
Kansas City
Baltimore

447

Rail shipments from Western lake and river ports for the

weeks ended

. .

hye
550tal

1878.

1877.

Week

Week

Week

Week

July 10.
93.061

July 12.
74,524

JiUy 13.
64,601

July 14.
64,588

235,263
892,343
437,561
11,500
29,221

493,724
617,772
271,299
31,133
36.753

220,204
344,142
343,995
5.702

1.50,605

8.888

3.074
12,094

1,605,899

1,440,681

922,931

609,103

270,702
23-.',(i82

Bail and lake shipments from same ports for la.st four weeks

Week

Flour,

ending
July 10
July
3
June 26
June 19

125,698
138,021
59,815
121,784

—

bbls.

Total,4w'ks.445,318
4 weeks '79.. 470.447
»

Com,

Wheiit,

bush.
bush.
1,125,083 4,673,294
1.210.195 4.140.576
1,838,194 4.171.005
2.756,547 4.290.584

Oats.
bush.

536.571
603.621
605.767
443,329

6.930.019
'
2.189.288
5.187,755 9,198,559 2,019,290

;

Barley,
bush.
11,509

29.2v:l

26.587
13,414
20.818

44,703
34.700
28.171

Kye,
bufth.

72,328 136.79,'i
68,320 260,119

17,275.459.

Keceipts of flour and grain at seaboard ports for the week
ended July 10:

At—
Hew York

Whe-at.

Com,

bl)l9.

busli.

bush.

Oats,
bush.

Barley,
bush.

88,400 1,872,712 1,899,354 183.600
28,908
143,401 372,350 35.400
2.850
5,500
1.580
16.669 341,554 345,628
1.672
9,070 168,000 1,155,900 49.200
12.802 647,500 346,830
7,600
7,135
45,121 488,645 19.660

Boston
Portland
Montreal
jPUladelphia
Baltimore

New Orleans

550
1,000

Cor.

Fiour

Wheat

Com

bbls.

bush.

Oats
Barley

Bye
Total Krain

....

bush.

730
400

1,550
6.380

4,330
29,069

1 to July 10, inclusive, for four years:
1880.
1879.
1878.
1877.
4,697,857
5,162,263
4,356,789
3.386,552

45,141,564
80,155,846
12.708,400
1,585.817
897,290

44,105,350
03.203.133
11,049.418
1.437.857
2,025.159

36,722,698
62,422,632
10.493.372
2,396.392
2,466,368

5,326.870
43,503,733
8.969.772
1,869,700
623,828

140.398.917

123.870,917

114.501,462

58,084,829

Exports from United States seaboard ports and from Montreal
for week ending July 10:
Flour,

bush.
1,503,958
126,741

Cora,
bush.
1,119,276
307.532

Oats,
bush.

98,045
16,118
11,593
12,780
6.600

120,841
283,898
261.390

239,111
601.131
397,019

62,510

"706

'.'..v.'.

Total for w'k 145.636

2,304,828
8,203,814

2,661,060
1,689,039

64,122
11,993

C2',977

FromKewYork

bbls.

Boston
Portland
Montreal
Philadelphia.

Baltimore

.

Bametlme'79. 76,047

vVlieat,

Rye,
bush.

912

number

consideration the large

i',693

2,300
156
29,221

of package buyers

now

into

in the

market, and the volume of business was disappointing to com-

The extreme warmth of the

mission merchants and importers.

weather checked operations in some descriptions of goods, and
unsettled condition of the cotton goods market caused

still

many buyers

to limit their purchases to such

moderate parcels

as are likely to be required for early distribution.

of the week's business has

material improvement in the
export, large orders for

demand

The most
been a very

cotton goods for

for

which were placed with agents repre-

senting some of the leading manufacturing corporations.

Domestic Cotton Goods.

—The

exports of cotton goods from

week ending July 13 were

this port during the

4,540 packages,

including 2,621 to Great Britain, 1,421 to British North Ameri-

can Colonies, 264 to Brazil, 71 to Hayti, and a number of smaller
shipments.

Brown and bleached

relatively small lots to a

cottons were distributed in

moderate amount, and there was a

limited inquiry for colored cottons

operate cautiously, as a

some

rule.

attention, but transactions

yet been

but buyers continued to

;

Cotton flannels have received

were

light, as prices

made on several leading makes.

selections

Prints

have not

moved slowly,

having been mostly confined to small parcels of dark

A

feature of the week was the opening of

Sprague's dark fancies at 6%c., which

is

a low

ing the present cost of print cloths, &c.
quiet and firm at 4c. for 64x64s and

Domestic Woolen Goods.

3%@3^c.

—There

price, contider-

Print cloths ruled
for 56x60s.

was a moderate inquiry

for clothing woolens at first hands, but transactions were chiefly

needed for the renewal of assortments.

restricted to small lots

week
165.834 3.218,283 4,614,227 298,712
week '79.... 197,503 1,406,808 2,247,402 293,676

And from Jan.

Rye,

1.500
1,700

Total

528
1,511

Friday. P. M.. July 16. 1880.

and medium work.
Flour,

2.628

The trade movement has been slow the past week, taking

satisfactory feature

Oats. . .
Barley.

804,857
83.725
66,200
60.104
532.255
892,343
4,832,000

543
401

THE DRY a0003 TRADE.

51,343,263

Com.

4,451
1.987

"840

"98

8.000

76.257,593

.bush.

133.633
77.990
15.334
133.062

"

129,582
211,334
237,986
234,065
250,135
329,079

87,848.133

Wheat.

3,667

156.213
235.772
280.180
293.426
376.260
380,475

Total (train.... 110,428,955

bbls.

18,941
6.016

2,279.775
2,823.762
3,080.549
2.802.798
3,208,848
1.485,490

the

Flour

34,600
4.600
12,289
4.094

Total July 10,'80. 10,979.880 17.240,688
July 3. '80
12.264.920 16,733.218
June 26, '80
13.913,310 18.097,790
June 19. '80
15.550.1P6 17,564,027
June 12, '80
17.933.556 18,315.647
July 12, '79
11,701,597 11,757,399

9,242,688
31,802,922
7,512,060
1,999.451
791,142

1879.

17.720
78.348

12.000

. . .

27,699,413
41,769,746
8,587,363
1,577,141
1,613,930

1880.

70.606
9.200
432.699
8,842

11.509

lake (est.)
canal (est.).

29.195,516
46,799,527
11,301,345
2,021,213
1,527,532

Barl^
Rye

bush.
28,322

437,561
181.000
B 1.000

rail

28,212,508
66,929,529
12,630,560
1,624,213
1.032,085

bush.

Oats

25,425

bush.

3,500.000

On
On
On

1877.
2,147,100

Com

534,074

64

1878.
3,052,068

Wlieat

bush.

460.661
800.000
27.000

72.544
24.300
37,559

26,600
62.606
693.683
233.265
1,295,000
l.Oie.OOO

1879.
3,561.403

bbls.

bush.

147,254 1.955.255
2,947,356 2,133,117
478.909
33.881
30,000
75.000
150,029
220.648
125.504
3.694
45.000
50.000
367.328
217.785
rt4,389
369,539
70.519
117.654
116.621

1880.
2,828,113

Flour

'

busli.

2,111,328
(est.).

1876-77

1S79-80.
5,357,314

nour..

at—

Do. afloat

Oswego

Total receipts at same ports from Jan.
for four years:
bbls.

In Store

New York

3,;i97

80,813

117,964 913,508 3,101,085
110,059 1,734,275 1,902,453

Flour

The visible supply of grain, comprising the stocks in granaiy
at the principal points of accumulation at lake and seaboard
ports, and in transit by lake, rail and canal, July 10, was as
follows
Wheat,
Corn,
Oats,
Barley,

Milwaukee
3,300
7,000

[Vol XXXi,

The

makes of men's-wear woolens are generally steady in
but such styles as have been held above their market

best

price,

value are

now

offered at a concession from former quotations.

Cloakings were more active, but there was some irregularity in
the demand.
of late,

by means of
been

Repellents have also received more att ention than

and some large

sales of

Kentucky jeans were effected

relatively low prices.

in light request,

Flannels and blankets have

and transactions

in carpets

were chiefly

making deliveries in execution of back orders.
Shirts and drawers and fancy knit woolens were a trifle more
Peas,
active, but hosiery moved slowly.
bush.
Foreign Dry Goods. There has been a very light movement
536
in foreign dry goods, a-s importers are not yet prepared to show
44,ldi their new importations for the fall trade. There was, however,
'.''"'.
a light hand-to-mouth demand for the most staple fabrics, and
confined

to

—

44 637
aolsSO

prices are fairly maintained

supply.

on such goods as are not

in over-

—
.

.

..

July V,

— —

——

.
.

.

THE CHRONICLE.

1S60.]

Importations of Drr Uwod*.
of dry goods at this port for the week ending
July 15, 1880, and for the corresponding weeks of 1879 and
1878, have been as follows:
B!CTKItEI> FOR UON-SUMI'TIUN FOB TIIB WEBK ESDIWO JULY 15. 1880.

The Importations

1879.

1878.
Pkga.

Pkga.

Value.

1880.

PkgB.

Value.

Value.

79

Uecelpts of Leading; .Irtlcles of Domestic Produce.
The following table, ba.Hed upon daily reports made to the
New York Produce Exchange, shows the receiptii of leading
articles of domestic produce in New York for the week ending
with Tuesday la.st (corresponding with the week for exports),
also the receipts from January 1, 1880, to that day, aad for the
corresponding period in 1879:

Manufactures of—
Coltou
811k

Flax
UisoeUauooue

978

328,.509

989

160,390
55,223

1,199

403,407
479,196
582,427
279,722

303

10l,8.')9

271,528
256,271

628
936
538
825
159

Wool

1,809

1.271
1,6.V1

963
733
329

575,316
508,730
622,411
172,088
123,562

Week endUuf
July 13.

Ashes

WITUDBAWN FBOM WARBHOUSB

4,9.50 2,004,107

THROWN WTO THE MARK.BT

A.ND

I>UI(-

INQ THB 8AMB PBRIOU.

Manufactures of—
Wool

177
193
64
191
180

Cotton
811k

Flax
Hisoellaneous

228
194
86
278
58

77,761
63,682
42,r)03

43,817
9,976

84,956
71.198
76,585
50,170
2,50b

844 285,415
5,578 1,846,611

Total
Knt'd f oroousumpt.

805 237,772
3,086 1,071,921

Total on market

3.891 1,300,693

410
388

175.566
139,123

133

89,78ri

435
268

99.055
18,954

522.483
1,634
4,950 2,004,107

6.422 2,132,026 6.584 2,526,590
WABBIIOUSE DURING SAMB FBBIOU.

. .

BNTBRBD FOR
Manufactures of—
236
Wool

369
270
74
531

98,918
66,960
38,236
41,946
50,061

272
55
234

BUk
Miscellaneous

7,039

Total
Ent'd forconsunipt.

7,836 296,121
3,086 1,071,921

1,602

2,846
481,429
5.578 1,846,611
8,424 2.328,010

Total at the port... 10,922 1,368,012

Imports or Leading

822
290
256
553
256

148.613
93,947
78,957
111,103
48,809

353,857
84,533
205,664
130,625
18,403

2,177 793,082
4,930 2,004,107
7,127 2.797.189

Articles.

The following table, compiled from Custom House returns,
shows the foreign imports of leading articles at thm port since
January 1, 1880, and for the same period in 1879:
IThB quantity Is given In packaijros when not otherwise speoltled.
|

1S80.
China, &o.'China

1879.

.

8,969
28,826

Glass plate.
Buttons

428,387
20,539
3,779
7,175

£artbenw
Glass

Glassware

19,291

Coal, tone...
Cocoa, bags.
Coffee, bags.

25,590
1,299,509

Gambler

.

J

Gum, Arab.
Indigo

0)iium .. .
Soda, bi-ob
Soda, sal..
Soda, ash.
Flax
Furs . . . .

S,,768

Ominy

cloth

Hair
Uciup,

balefi

Wines, &o.—
Chaiup'gne
3,,325
baskets
.

Wines

3,,510

939

I,,622

2ti,,327

Wool, bales.
Iteported by

733

Corks
;

Fancy goods

. .

Fish

1,,712

&o.—
Lemons

500,
224I
114. 6551

Oranges
Nuts

5471 Rice.
326 Spices,

879

1,883

389
I

561
308,044
61,046

Linseed
Molasees

&o—

77,931
119,429
84,096

35,009
94.696
25,744

832,234
54,405
575,708
219,157

727,366
39.172
424.225
200,259
675,843
1,372,432

14, ,578.411

5,570,262
210,431

199.715

Ginger ..
Pepper

..

351| Saltpetre...
207 079| Woods

61 078

3,999

J.474

790

2781

406,0-13

Cork

,

Logwood ..
Mahogany

133,607
65,o3i
390,518
261,b98

320,123
175,626

355,542
44,913
450,094
139,664

259,49 4
83,668
393,764
108,180

Exports of Provisions.
rhe followmg are the exports of provisions from

217.062
110.692

New

York,

Boston, Baltimore, Philadelphia, Montreal, Portland and New
Orleans, for week ending July 10. 1880. and their distribution
:

ToLoudon
Liveri)ool

Glasgow
Bristol
Cardiff

Newcastle
Hull

...

Pork,

Beef,

bbls.

bbls.

25i

490

1,186
231

823
473

120
352
50

175

W. Hartlepool

250
37

Lard,
lbs.

113,695
997,810
95,700
25,500
25,100
5,000
338,500
33,000

British ports.

Havre
Bremen

300
70

Rotterdam...

Hamburg
Antwerp

783.750

122
250
50

....
.

A

184

Hayti

West

Indiefl..

British Col...
Other count's
Total week
Prev's week
.

.

1,104,95^
10,000
1,380,529

64,000
313,600
400,000

Konigsbcrg
Dautzic
Cent. Amer..

8.& C.
Cuba

wheat

bbls.
bbls.

Wheat
Rye

,

bush.
bush.

Com

2,218,514
66,644
23,973,812
527.725

.J-^^^

1,400,910

994
1,976.026
122,350
156,372

busli.

bush.
bush.
bush.

Oats
Barley and malt
Peas
Cotton
Cotton seedoU
Flax seed
Grass seed
Hides
Hides

28,2.52,225

last rear.

3,9.57

40,389
2,669.568
90,931
22,1.59,124

1,212.467
21,158,532
5,240,1S4
2,058,859
231,097
428,137
14.498
3,338
94,850
114,267
85,397
36,764
2,264,319
436,251
4,941
75,397

Hops

bales.
bales.

390
328

Leather

sides.

93,728
2,404

7,102,820
2,390,078
302,233
467,970
30,172
11,566
65,339
84,410
31,029
10,525
2,205,073
104,321

98

41,912

50

2,211
45,560
189,451
11,576
1,323
375,563
3,625
181
53,604

1.028
36,109
168,273
13,481
1,246
249,054
11,523

92,099
20,637
956,570
694.261
951,086
373,072
377,586
93,834
40,674
37,896
20,236
11,739
91
8,078
63,092
85,544
39,750
183,432
43,114

163,815
22,915
989,564
734,110
970,533
297,22s
477,262
30,631
49,869
22,132
62,495
18,190
1,106
29,547
57,521
83,000
40,971
162,168
72,829

928
4,548

bales.
bbls.

Lead

337

bags.
bags.

427

No.

1,058

pig

hnd

Molasses
Molasses

545

bbls.

Naval StoresTurpentine, crude

bbls.

Turpentine, spirits... bbls.
Rosin
bbls.

Tar

1,2,59

3,899
198

bWs.

Pitch

bbls.

Oil cake

pkgs.

9,944

on, lard
Oil, whale
Peanuts

.bbls.
galls.

260

bush.

461

pkgs.
pkgs.
pkgs.
pkgs.

2,062

63,326

Pi'ovlsiong

Fork
Beef

'.

Cutnieata
Butter

578
28,054
37,817
119,430
6,087
13,073
3,159

pkg

Cheese

Eggs
Lard
Lard

biHs.
tos.

&bbls.
kegs.

Hogs, dressed
Ric«

No.

pkg

83
1,873

.slabs.

Siielter

Stcarlne

pkgf

Sugar
Sugar
Tallow
Tobacco

hhds.
pkgs.

593

bbls

boxes

<&

..

Tobiujco

hhds.

Whiskey
Wool

bbls.
bales.

..

50
1,513
1,473
2,307
5,349
3,744

cases.

Bxports ot fjeadlux Articles or Domestic Prodace.
The following table, based upon Custom House returns, shows
the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the export^S
from the Ist of January, 1880, to the same day, and for the corre.sponding period in li79:

178

2,438

"ei

850
879
350

494
112

7,244
9.054

3,515
3,948

10,381
69,963
17,332
31,300
41,450
11,731

Bacon,
lbs.

717,906

Cheese,
lbs.

262.630

7,946,137 4,810,320
524,575 773,070
194,275
160.440
101,450
27,360

459,800
1,867,229
19,676
9,500

926,075
620,050
279,300
19,500
2,306,800

36,000
20,640
12,720
3,000
5,640

lbs.

Ashes, pots
Ashes, pearls

Beeswax
Brca<l8tiiff8—
Flour, wheat

Flour, rye

Corn meal

Wheat
Rye
Oats
Barley
Peas

Com

Candies
Coal
Cotton
Domestics

Hay
Hops
Naval StoresCrude turpentine
Spirits turpentine

Since Jan. 1
1880.

bbls.
bbls.

627
131

lbs.

54,878

bbls.
bbls.
bbls.

bush.
bush.
bush.
bush.
bush.
bush.
pkgs.
tons.
bales.

pkgs.
bales.
bales.
bbls.
bbls.
bbls.
bbls.
bbls.

74,101
25
2,718
1,494,632
3,767

562
1,050,822
1,177

200
12,555
4,540
l,88l
3

2,013.194
2,314
90,838
29,777,985

Same time
last year.

1,041

83
28,238

943,6.i5

1,584,763
3,799
89,664
24,472,578
2,285,419

283,999
262.636
205,078
23,519,403
33,310
26,670
334,291
56,493
66,234
1,903

342,898
101,770
198,166
13,533,169
34,064
44,095
146,367
71,318
33,221
14,473
5.674
106,580
4,286
3.134
966,740

100
94

Tar

169,200

Oilcake
Oils-

owt.

133
128
589,909

12,489
135,130
4,228
3,502
3,293,933

104,000
120,000

Whale
Sperm
Lard

138,800

Linseed
Petroleum

gals.
gals.
gals.
gals.
gale.

51
26,356
1,589
3,473,985

69,907
206,059
466,707
53.022
120,760,873

138,249
94,445
687,168
6,192
110,474,239

134,706
34,448
35,351
316.101,543
13,619,038
53,711,735
157,822,774
10,833
46,596,839
34,330
22,6J7

131,524
28,722
31,950
340,914,385

3,732
12,772

357

880

July 13.

4i,0uo
278,000
47,700

1,084

11,873
13,211
1,320
5,410
10,562
5,300

Tallow,

7,200
55,000
49,500
55.000
213,980
15,379
37,870

4,020

Week ending

404.926

&a.—

Fu.stio

Cutleiy
Hardware..

Flour,

Com meal

310

315,787
530,8u6
607,728

Cassia
f|

.

917,901
394,844
30,322

,025,257

. .

26 Hides, undr.

1,231

.

.

426,857

93,386

Hreadstuffs—

Same time

4,,642 'Fruits,

Rtusius

JencJry,&cJewelry

9,000,717
76,292

value.

Cigars

7,,613

30,,059
34, 526

2,038
5,008
39,477

Hides.dr'sd
India rubber
Cvory

7;0,7()3

2,357
27,813

1,

2,,107

1,816
8.486
142,889

Uristlcs

Metals,

440,044
44,400
791

5,748
1,059,336
42.933

30,,872

Hides. &o.

Watches

331,958
885.881

Tea
Tobacco ....
Waste

10,,688

7845

i .

,273,758

Tin 6lU8.,lb8 13 ,465,614
Paper Stock.
198,677
Sugar, hhds,
412,019
tcs., &bblB.
Sugar, boxes
and bags...
.932,275

23,,0481

29,677
1,205
7,932
39,379
52,822
3,906

Madder, Ac
Oil, Olive.

1879.

39,457

Spelter, lbs
Bteel
Tin, boxes.

23..369
17,,615
1,197..710

22,401
14,979
2,470
70,989
4,467
5,601

.

20,,352
27,,045
18,,461
2,,766
5,,181

4,186

Cotton,bales
Drugs, &o—
Bark, Peru.
Blea. powd.
Cochineal..

1880.

Metals, <Sc
Lead, pigs
6,,634

84
425

bbls.
bbls.

iSeaiis

5.578 1.846,611

3,086 1,071,921

Total

Since Jan.
1880.

60,960

5,931,159 16,158,701 6.201.268 4.336,786
7.360,193 14,225.895 6.946.444 1.982,293

Rosin
Pitch

3,546

Provisions

Pork
Beef
Beef
Cutmeats
Butter
Cheese

Lard

bbls.
bbls.
tierces.
lbs.
lbs.
lbs.
lbs.

Rice
bbls.
Tallow
lbs.
Tobacco, leaf
hhds.
Tobacco
bale<« and cases.
Tobacco.manufactured. lbs.

Whalebone

Ibe.

4,280

997
1,291
10,549,935

606,712
7,698,019
4,584,733

619
1,244,472
1,341

675
87,991

3.506,468
52,853

17,261,559
62,9,S2,040

143,884,649
9,275
39,029,320
26.863
14.415
3,768.748
31,916

THE CHRONKJLE.

80

F'lianeial.

Financial.

WM.

Gwynne & Day,
No. 45

tEstabllshcd 1851.]

WaU

Transiict a general banking and brokerage busiRallwa;- Shares and Bonds and Government

securiiles.

17

NEW

ST.,

ANJ^ti>N V.

JJL8. L.

<n

Member

N. Y. Stock Exchange.

ANTHONY, POOR & OLIPH.VNT,
BANKERS AND BROKERS,
No. 19 Broad Street, Nenr York,
.And 83 DeTonsIiIre Street, Boston.
Btrr AND Sell on Commission all Securities
Current at the New York Stock Exchange.
Allow Interest on deposits. Make Advances
ON Approved Collateral.

C.
3

&

Hudson

I.

EXCHANGE

C0T7HT,

Buys and

A

on approved margin,

solicited.

J H. Latham & Co.,
INVESTMENT SECURITIES,

NEW ¥ORK,

New York

City, Ciiicnco, Cincinnati,
Ijouih, District of Colniiibia, aud

Government

J.

STHEET,

NASS/11J

STOCKS"a^ BONDS

Dealer lu

all cU>88cs of

Ai\n

BONDS

Gas Stocks,

No.

MULl.ER
.STP-SEI",

Lnited States Life Insurance Company before
suring elsewhere.
After the premiums for three or more years hav
been paid, upon reci-iving tlie required notice from
the assured the Company will c<mtinue the Policy
in force without further piiyments, for Its KUI.t
I ACE. for such a period as the B.NTIRE RESERVE
will carry it.
Should the d ath of the insured take place during
the continued term of insurance as provided for
above, the full face of the Policy will be paid— n»
deduction being made for foroborne or unpai/
premiums, excepting in the event of the deatl
occurring within three years after the orlgina
default.

The new form of Endowment Policy provides :If the E.NTIKE RESERVE Is a greater sum
than the single premium reguired to carry the full
amount of insurance to the end of the endowment
terra, the excess shall be used as a single premium
to purchase a pure endowment, payable at the end
of the term, thus guaranteeing to the policy-holder
in every event the full value of his Reserve.
NO SURRE.VDEllof the Policy is required! only
a notice from the policy-holder, on blanks furnished by the Company.
That

&. SON,
NEW YORK.

1

and CO.VDITIO.NS in regard to travel, residence,
occupation and cause of death are removed, thus
making the Policies, after three years, I.VCON-

TBSTIBLB
r RAUO.

FOR ANY CAUSE, EXCEPTING

The Company

will,

upon application, send Circu-

lars giving full particulars.
Office of Middle Department, Boreel Building
117 Broadway, N. Y., Henry W. Baldwin, Supt.

3I.\RINE

&.C.,

NEW YORK.

IN.SUE.^NCE.

Mutual Insurance Co.,
Nos. 57 and 59 William street.
INSUBE8 AGAINST

BONDS,

NEW STREET,

AND FIRE

COMMERCIAL

Beers, Jr.,

BROOKLYN SECURITIES, CITY

WEDNESD.VYS AND SATURDAYS.
II.

IN

Examine the new form of Pollcv Issued by

Investment Securities.

N. T.

ON

PINE

$4,983,226 81
872,484 U6

J<o.

Special attention given to Defaulted Railroad and
Municipal Securities of Illinois, Kansas, Missouri,
Iowa and Nebraska.
Correspondence solicited and full information
ven on all classes of bonds and stc cks.

The Underilgned hold Kli:<>UL.VR AUCTION

STOCKS

ST.,
(DkeXEL BtllLDING)

Orders executed at the Stock and Mining Exchanges.

-At Auction.
S.VLE3 of

NEW YORK,

BROAD

5

Bonds.

Zebley, Jr.,

F.

BANKER AND BROKER,

:

FOR SALK:

New York & Greenwood I..akc

....
....

AFTER THREE YEARS, ALL RESTRICTIONS

Deals lu Investment Seenrities and
Bouils Generally.

^VANTKD

52 WILLIAM STREEr.
H. Latham.
f. w. Perry.

John

BASEMENT,

Toledo LoRansport & Burlingrton Bonds.
Union & IjO;zan9port Bonds.
Rome Watertown & Owdensburg Bonds.
Ind. BloominiTt' n A West. Old and New Securities
New Jersey Midland Bonds.

St.

SccnriticH.

FOREIGN EXCHANGE.

Albert E. Hachfield,

Comp'y,

JAMES BUELI F'resident.
AND IMPcRTANT CONCKS.=!I0NS
LIFE INSURANCE CONTRACTS.

choice lino of Investment Bonds always on

Correspondence

T. H. Curtis.
C. I. Hudson,
Member N.Y. Stock Exch.

No. 7

sells for cash, or

States

LIBBKAI,

band.

for Investment or on
securities dealt in at the New York

ADRIAIV

Assets,

Surplus,

Securities dealt in at the Stock Exchange.

all

Co.,

margin, all
Stock Exchange.
B. Jl. Lear.

PINE STREET,
NEW YORK.

Negotiates First-CIass Railroad, State,
and City Loans,

Buy and sell on commission,

17

The United

261-264 Rroadway, N. Y.

(Member of N. Y. Stock Exchange.)

H. OLIPUANT. Member N. Y. Mining Exch'ge

J AS.

Cash paid at once for the above Secnrilie^; or
they will be sold on commission, at seller's option.

Life Insurance

A. Moran,

Daniel

Stocks

A SPECIALTY.

York Stock Exchange.

All Seenrltles dealt In at tbe Exctaange

llKNBY WfrFoOK.

Dealing

Classes of
and Miscelkineous
Securities not actively dealt in at the Now

BUT, Sell akb Cabbt om Margiks

PINE STREET.

Insurance

ALSO,
Investment

N. Y. Stock Exchange,

BROADAVAY AND

68

AW

Howbll, N. p. Henderson,

Bailey,

S.
7

Telegraph Stocks,
Telephone Stocks,
Railroad Stocks and Bonds.

Kimball, Howell& Co.,
Members

E.

BUYS AND SELLS
Gaslight Stocks,
Conipniiirs'
Trust
Stocks,

Interest allowed on deposits.
Investments carefully attended to.

J. P.

NOYES,

C.

XXXI

In^iurance.

NASSAU STREET,

21

Street,

neu In

H. Kimball,

[Vol.

MARINE, FIRE AND INLAND NAVIGATION
RISKS.

AS»ETS Jan.

1,

1880

$810,804 75

All Risks Written at Reasonable Rates.

Fred.

H. Smith,

W. IRVING COMES,

BANKER AND BROKER,
No. 53 E.XCIIANGE

PLACE,

SEW

YORK.

RAILROAD SECURITIES
An intimate knowledge of

all

^M Wtm*

for the past 10 Years.

A SPECIALTY.

Investors or Dealers wishing to boy or sell are
invited to communicate.
State, Municipal and
Railway IJMnda uud Coupons bought and sold at best
Market Rates.

GOUJ MEDAL,

-

BROAD STREET, NEW YORK.

3(>3-404- 70-35 -332,
1

I

I

G.4S

STOCKS

PARIS, 1878.
1

ana/tui other styles may he had of all
dealers
throughout the world.

Joseph Gillott & Sons,

New York.

AND

«AS SECURITIES,

Insurance.

STREET RAILROAD STOCKS ANJ5 BONDS
AND ALL KINDS OF

BROOKLYN

SECURITIES,
DEALT IN.

SEE 0A3 QUOTATIONS IN THIS PAPER.

D. Probst & Co.,
J.
STOCK AND BOND BROKERS,
No. S8

EXC1|ANGE PLACE,

NEW

YORK.

Stocks, Railroad Bonds, Govehxme.vis, and
mstbllaneous securities, bought and sold

HOME
Insurance Compa^ny
OF NEW YORK,

His Celebrated yumhers,

Geo. H. Prentiss,
19

President.

WAINWRIGHT HARDIE, Vice-Pres't
HENRY D. KING, Treasurer

OFFICE, 119

BROADWAY.

Flfty-Tbird Semi-annual Statement,
SHOWING THE

CONDITION OF THE COMPANY ON THE FIRST
DAY OF JANUARY, 1880.
CASH CAPIT.VL
$3,000,000 00
Reserve for Re-liisurance
Rescr\e for Unpaid Losses
Net Surplus

Cash Assets

SUmiQAUY OF

UTUAtUI
INSURUHCEOIMPM
OF NEW YORK.

F.S.WINSTON, PRESJ den:
^^„„
SSUES EVERY APPROVED DESCRIPTION O
.IFE AND
POllCIEl
)NTERMS AS FAVORABLE AS THOSE 01
ANY OTHER COMPANY.
ORGANIZED APRIL \ZV 1842.

ENDOWMENT

MMIS0yER$80,OOaOO5

1,841,438 00
248,704 81
1,320,785 30
.$6,410,988 11

ASSfeTS

United States, available for the PAYMENT of LOSSES by FIRE and for the protection of Policy-Holders of FIRE INSURANCE:
Cash in Banks
JS«3,a9a 29
Bonds and mortgages, being first lien on
real estate (worth *4,171,400)
1.866,053 00
United States stocks (market value)
3,184,125 00
Hank stocks (market value)
aoo,T02 50
State and municipal b'dj* (market value)
237,859 50
Loans on stocks, payable on demand
(market value of securities J543,5«2J. 418,670 00
Tnteiest dueon 1st Jamiary. 1860
64,870 68
Balance in hands of agents
154,114 87
Real estate
54,125 91
Premiums due and uncollected on policies issued at this ofQce
6,507 38

Held

in the

Total

?6,410,088 11

CHAS. J. inARTIN, President.
J, H. IVASHBUHN, Secretary.

:

I

July

.

.

THE (JHRONICLE.

17, 1880.]

Commercial

Insurance.

Steauisbipt.

OFFICE OF THE

Direct Line to France.

Cartln.

E.R.Mudge,Sawyer&Co

ATLANTI C

GENERAL TRANSATLANTIC
Itirer, foot of

Insurance
Nbw York,

Co.

Jnimnry 24, 1880.

The TruBteoH, In coiifiinnlty to tlio Charter of
the Company, submit tho following; Btateuieut
of Us affairs on tho 31st iJocembcr, 1S70
Premiums

CO.
Morton

amounts to

toSlst December, 1879
$3,609,066 58
Premiiuns oa Policies not marlccdoff 1st January, 1S79
1,671,981 91
Total amount of Marine Pre-

miums

Saturday, July 17
Tuesday, AuKUSt 17

1)E I,KSSKI'S

Altrurlu.

TO DIRECT POUTS

I'llR'K OF PASSAGE
First cabin, tlOO

liOVIS

BE UUHIAN,

Aiccnt,
Cireen.

Wm.Mohk. Clemens Fiscbeh. U. W.IIankmakk
Son of J. T Ilanemann
late of

Our Aspinwall steamers form
3,875,101 26

1879

same
1,524,331 04

Ecturns of Premiums and Ex-

Panama with the steamers

close connection at
of the Pacific Steam

Navlgiitlun Company, beinc the quickest and most
direct service between New York and tlio west coast
of South America. Hull from pier 51 North Hlver.

For Kingston', Sava.mlla and (iiiEYToWN
Aug. 10
July 8-^1 AILSA
For Kingston, Sava.mi.la and Cahthaokna
Aug. 5 ATHOS
Sept. 8
ALVO
For Port au Phi.vcb. a ux Caves and Jacmel
Aug. 4
July 21 ATLAS
ALPS.. ..;
For I'oKTO Kico

840,736 77

NEW

1,307,900 00

otherwiso
Real Estate and claims due the
Company, estimated at
Premium Notes and Bills Ro-

Aug.ftI ETNA
CLARIBEL
For NoitTH Hayti and Makacaibo
Aug.
HOUSSA
July 20 AUKAN

1,522,826 35
231,453 IG

Cashln Bank

Special attention given to the execution of

FOKWOOD

&

ing oertillcatc.1 of profits will be paid to the
holders thereof, or their IcRal representatives,

on and after Tuesday,

t!io

FINANCIAL. AOEIVTS

Co., China,

paid.
M. Dividend of Forty per cent is declared on tho net earned premiums of tlio Company, for the year eudiug 31st December, 1879,
for whicli certificates will bo Issued on and after
Tuesday, tho 4th of M.iy next.

By order of tho Board,

H.

W. POMEROY,
Wall

America, S.

New York

Jr.

StueT-t.
Office, 50
Office, 44 Ce.ntkal Stueet.

Boston

3d of February next

Vltly per cent of the Ontstandlng
Ccrtiflcatcs of tlio issue of ISy, will bo
redeemed and paid to t!io holders thereof, or
their legal representatives, on and after Tuesday, tho 3d of February next, from which date
interest on tho amount so rodccmaijlo will
cease. The certificates to be produced at tho
tlmo of payment, and canceled to the extent

J.

In

132 Pearl Street,

&

Secretary.

O Box

Advances made on ConslgBments.
Special personal attention to the purchase and sale
DKLlVKhY OF
of ' CONTRACTS FOR

fUTUHK

COTTON.

&

Geo. Copeland

Co.,

PEAUl. STREET. NEWT YORK.

13e

E.

In

S.

Jemison

&

Co.,

BARKERS

COTTON SAILDUCK
And

New York.

3,909.

COTTON BROKERS,

Co.,

Manufacturers and Dea'Hrs

AND

kinds of

all

COTT©N .COMMISSION MERCHANTSCOTTON CANVAS, FELTING DUOS, CAB COVER
LNG, BAGGlNt>,KAVEt;Sl)CCK, SA1LTWIJ.'ES
No. 10 Old Slip, New York.
&C. " ONTAKIO' SEAMLESS BAGS,
••AWNJ-NG STKIPKS.'

MOODY & JEMISON, Galveston, Texas.

Also, Agents

United State* KimtinK Ooinpany.
A

CHAPmAN,

F.

Turner

BrinckerhofT,

Farley,

AND

MEUCHAXTS AND SHIP AGENTS,
UonE KonE, Canton, Ainoy. Foocbow, 8lianKliai nud llunkow.
Agent

H.

J.

COTTON FACTORS,
COMMISSION MERCHANTS,

Commercial Curds

Russell

W. &

FL

COM.MISSIOX

Amount of Assets
$12,437,730 51
Six per cent Interest on tho outstand-

Total

OR-

DERS FOR FUTURE CONTRACTS.

10
Superior accomraod:ition fur flrst-class passengers.
For freight or passage apply to
PIM,
& CO., General Agents,
No. 37 Wall Street.
I

500,000 00

ccivablo

VORK.

I

:

$8,875,558 00

other Stocks

Co

1

:

Loans secured by Stocks, and

&,

COTTON BROKEltS,
123 PEARI. STREET,

;

ATIIOS

:

Assets, viz.:

Knoop, Ilanemann

Mohr, Hanemann& Cj.,

:

penses

York.

Cotton.

Bowllus

Atlas Mail Line.

from 1st

New

No. 11 Old Slip,

:

steerage, $32.

G

Jiwuary, 1379, to 31st Docom-

Tho Company has tho following
United States and State of New
York Stook, City, Bank, and

ciiKsTMT RTuerr.

Friday. Sept. 17
MAKSKILLKS
TlirouKli bills qX ladiiii; granted for Spain, Italy

Risks.

bcr,

aao

Vll.LB I)E

have been issued
nor upon
Fire disconnected with Marino

Losses paid during the
period

w. IJAVTON.

:

FKUDINANI)

Life Elsks;

off

PHII.ADKI.PIIIA.

J.

suit.

CAI.IJKKA

and

$5,371,048 49

Premiums marked

Allaullc Cotton millis,
Saratoga Victory mrie. Co., ticean millii
A.VU
Honiery, Shlrtu and Drawers
From Various Mills.
NEW YORK.
BOSTON,
43 A 45 White sthket.
15 rnAiNcEv wsnr
'•""

Steamers will leave New Vork direct for Bordeaux
and .MarseiUea every montli us follows

Policies

ui>on

nrc. Co.

mediterranean Service.

Risks, from 1st January, 1878,

No

Travelers by this line uvuld both tranitlt by EnsUailwuy unci the (liscuiurorti of crusslnK tlie
Ctiiinnel In a Hinall boat.
KKANCK, Tnulclle
Wed.. July 21. 4:00 P. M.
CA.NADA, KrunKuel
Wod., July !», 10 A. W.
LABKAlxm, Wiimller
Wed.. Auk. 4. 4:30 P. M.
PKICK OK I'ASS A(. 10, (IncliKllnit wine;
To lliivre— Klrst c»bln. (^KXI and »!«). Steerage,
$2H, includlHK wine, bedditiu and utonslU.
Heturn tickets at very reduced mtes.
Cliecks drawn on Credit Lyonnals of Paris In
littb

on Marino

rcceivcil

<'hli-opee

Mew

Htrt'ut.

Mutual

a<;enth fou
:«iii|n,

Hiii'lliiuloii Wuuleu Co.,
Ellertou
.Uilln,

Betiveen Neiir Vork and Havre.
From Pier (now) No. 42 North

IVaahlnetoii

'-ill

supply

all

WIdthB and Colors always

Wm.

in stock.

No. 109 Dnane Street.

George A. Clark
TRVSTEES:

&

Felix Alexander,
COTTON BROKER,

AXJCrSTA, GEORGIA.

Bro.,

Entire attention given to purchase of COTTON
for SPINNERS and EXPORTERS

»>»

ORDER
D. Jones,
Charles Dennis,
W. II. ir. Moore,
Lewis Curtis,
Charles II. Russell,

Horace Gray,
Edmund W. Corlies,
John ElUott,
Alexander V. Blake,
Robert B. Mlnturn,

James Low,
David Ijano,
Gordon W. Bumham,

Ch.trlea II. Marshall,

Edwin D. Morgan,

A. A. Raven,

Robert L. Stuart,

Wm.

John D. Hewlett,
WUliam 11. Wobb,

James G. Do Forest,
Frederick Chaunccy,
Charles D. Leverlch,
William Bryce,
William H. Fogg,
Peter V. King,
Tliomas B. CodtUngton,
lloraco K. Thurber,
WiUiam Degroot,
Henry CoUins,

Chatlaa P. Burdctt,

John L. Biker.

J.

Sturgls,

Adolph Lcmoj-ne,
Benjaftjfti II. Pfcld,

Josiah b. Low,

WUliam

E. Dodge,
P^aVfhelps,
Thom.ij F. Yoimgs,

.

'

C. A,IIaud,

J. D.

JONES,

George

TV.

Lano,

President.

COKBKSPONDKNCK

miL'tvARD's HELIX ivc:e:di,es
400 BKOADWAV, NEW YOllK.

Vice-President.

W. H. H. MOORE, 2d Vice-President.

M A. RAVEN, 8d Vloo-Presldcnt

Parisot

Wire Rope.
Inclined Planes, Transmls&c. Also.
vOiilvanized Charcoal and
iili for Bblps' HIggIng, SuaI'ension Bridges, Derrick
Guys, Ferry Ropes, Ac.
large stock constantly Gii
hand from wblcU any deare cut.
sin-it
lengths

A

l.ATSTKliL

ROPES
)>ose8

for

AND IRON

llinliig

pur-

manufactured to or-

der.

JOHN W. IWASON &

Campbell,

Cotton Factors,

Qision of Power,
-

&

VICKSBURG, miss.

STEEL AND CHARCOjU,
IRON of superior quality
suitable for MINING AND.
IIOISTINU
PURPOSES

1

OHAELE3 DENNIS,

SOLICITISD.

Keferences ;— National Bant of Augusta, Georgia
Henry Hentz & Co., Commission Merchants New
York; William B.Dana* Co., Eroprleior* Co|Iil»«
oiAL AND I'lKASCiAi/ CHBORioLB, and Other New
Yoi k Houses.

CO.,

43 Broadtvay, Neiv Vorlc.

Orders to Purchase Cotton
Refer to Messrs

In

our market solicited

WOODWARD

John F. Wheless

& 8TILLMAN

&

Co.,

:// 9< »J: COTTON
COICTjaiSSION MERCHANTS.

>

NASHVILLE, TENNKSSKB.
Special attention glvea o Spinners' orders. Correspondence solicited. ,
.
^ „
„.,,„„,] n-nfc
Fourth NaUonal.Ban*

iUii'Buiscas.-Thlrd and

ana Proprietors of Tke Chsomioii.

,

THE ('HRONICLE.

Vi

Cotton.

Cotton.

&

Woodward

Stillmarij

SEAUEN'S BANK BUILDING.

&

Now. 74

76 Wall

NEW

COTTON
COMMISSION MERCHANTS,

Street,

YORK.

Cotton Kxohang^e Bailding,

101 Pearl Street,

New

York.

SECURITY.
Special attention paid to the execution of orders

for the purchase or sale of contracts for future

SOVTHERN SECURITIES.

delivery of cotton.

&

Henry Hentz

Co.,

&

P. Billups

J.

QENKBAL

Co.,

0T«0 N

C

Robert Murdoch,

COMMISSION MERCHANT,
111 Pearl Street,

LKBJI/lK, a

WUUam

St.,

New

JAMES FINLAIT

LEHMAN BRO'S,
Cotton AND Factors

LIVERPOOL. LONDON AND GLASGOW.
Also execute orders for Merchandise throufth

FIN I. AY, nUIR & CO.,
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON bOUftht

YORK.

Special attention given to the Purchase and Sale
of Contracts for future delivery of Cotton ; also,
execute orders tor Purchase and Sale of Stocks and
Bonds for Southern account.

Gwynn &Co.,

Fielding,

at the oftice of

BABCOCK BlIOTHERS &
50 Wall Stbxbt.

cotton factors
AKO

Waldron
'

&

Dennis Perkins

Co.,

COTTON BROKERS,

Future

'*

&

Total Aeseta, January

Tainter,

orders executed at N. Y. Cotton Exch'ge

A. L. Leman

R. M. Waters

&

Co.,

COTTON COMMISSION MERCHANTS AlTD
BANKERS,

Co.,

solicited.

COTTON,
28

&

Co.,

STOCKS, {BONDS,

niigcelianeoug.

WILLIAM STREET,

NEW

YORK.

HXMBT

H. WABS.

Ware

OlLLlAT SCHROXOIB

&

Schroeder,

-Special attontton paid to

New

York.

the execution of orders

4or the purchase or sale of contracts for future de-

WoaB»nt«.

WALTER & KROHN,
COTTON BKOKERS,
SS BEATER STREET, NEW YORK.
James F. Wenman & Co.
'No.

COTTON BROKERS,
146 Pearl Street, near Wall, N. Y.
KsUbllBhed

(In

Bennet

TonUne BuUding)

1941.

&

Foulke,
COnHISSION nERCHANTS,
Ml PEARL STREET,
NBW

YORK.

Special attention given to the execution of

ordan

or the pnrobaM or ul» ot Coatracts tor Tutur*

North
&

British

Mercantile

LONDON AND EDINBVRfSH.
Board of Management,

FABBKI.

Esq. (Drexul,

Hon.

S. B.

Morgan

J. J.

ASTOlt, Esq.

CHAS. E. WHITE, SAM.

P.

Office

54 ^WlUlam

St.,

D.

WHITnORE

tc

CO.,

Liverpool

BBEKMAN STREET. NKW YORK.

Works at

'

Obient, L.

Bdbxka"

London

" Obiznt.'

I

The Atlantic &

BLAGDEM,

&

& Globe

Virginia

Fertilizing Co.

Insurance Company^

OFFER THEIR STANDARD BRAVDS

45 William

Ammoioated Home SDrERPHOsPHATB OF Limb,
AND

JAMES

« ORIENT COMPLETE MANURE,"

HENRT

And want a good working agent ia every thriving
cotton-growing county. Apply (with reference) to
Hr. «.

& Co.)

New York.

AORNT8:
45

:

SOLON HTJMPHRKT8, Ch'r'n,(B. D.Morgan A Oo
DAVID DOWS, Esq. (David Dows & Co.)

MANAOBR8,

Plated Papers.
Bond Papers.

JAnES

Co.

Ins.

CHITTENDEN.
EZRA WHITE. Esq.

Bankers* Ledger and Record Papers.
Machine Hand-Made Papers.
Antique Parchment Papers*

XlTtrr ot cotton. Liberal advances made on con-

losses, etc

NSr bUR'^LUS, Jan. I, 1879.. $3,046,468 94
No. 3 Cortlandt St., New York.
JAS. A. AI.EX.\NDER, AKent.

B. P.

HOLIOKE, MASS.

COTTON COMMISSION MERCHANTS,
111 Pearl Street,

1879
J6,914,14T T»
$a,000,000 00
1,617,189 B5
351,499 00— 4,888,683 85

NBW FORK

Whiting Paper Co.,

dec,

Orders In " Futures" executed at N.Y.Cotton Exch.

Unpaid

...

.

Dnlteil States

Special attention given to investment securltle

H. Tileston

Re-insurance fund

SECOND STREET,

Entire attention paid to purchase and shipment of
Cotton on order for dpinners and Exporters.
Best of references furnished. Correspondence

BROAD STREET, NEW YORK.

S4

&

nACON, GEOROIA.

Orders for Spot Cotton and Futures promptly exe*
eated

Company

1,

Capital...

COTTON BROKBKS,
No. 160

117 Pearl street, Neir York.

iETNA
OF HARTFORD.

COTTON IHERCHANTS,
COMMISSION MERCHANTS, GENERAL
97 PEARL STREET, NEW YORK.
street, N. IT.

Insurance.

Insurance

CO..

New

and other produce co&stgned to cs, or to our correspondents In Liverpool, Messrs. B. Newgass ft Co.
and Messrs L. Rosenheim ft Sons.

Receive consignments of Cntton and other Produce,
and execute orders at tlie EzctianKes in Liverpool.

New York

Hot}!..

the Cotton Exchanges In

York and ui>erpc*l aad atvaaeas made on Cotton

COMMISSION MERCHANTS,
17 Water Street, LIVERPOOI.,
Represepted In

140 Pearl

New

BABCOCK&CO.

B.F.

New York and Liverpool.

in

EXCHANGE PLACE.

40

%Tden executed at

ineran.

and sold on Commission

COia?IISSION niERCHAKTS,

76 Wall Street,

NEW

CO.,

ic

York.

LXHHAN, DUBB ft Co.
Montgomery, Ala.

Co.,

La.

(Seamkn's Savinos Ban-k Building,)

Advances made on ConsUcnmentg to

nieMri).

&

No*. T4

Ifork.

3BAHAK 4k

New C."leans.

commissioN ikerchants, COMMISSION MERCHANTS,
8 Sanlli

New

IJberal advances on consignments of Cotton for
Sale In New York or Liverpool. Especial attention
given to Sale and Purchase of Future Contracts,
both In New York and LIVERPOOL, on reasonable
terms, and proHts paid as soon as realised In either

market.

LOANS MADE ON

made on Ck^nalKnments.

17, 1880.

Cotton.

INMAN,SWANN&Co

GENERAL COMMISSION MERCHANTS
LOANS MADE ON ACCEPT A BI.E
Liberal advances

[July

CRENSHAUr,

E.

St

PULSFORD, Resident HMWger. J

W. EATON, Deputy Manager.

OEO. W. HOYT,

Asat.

Deputy Manager.

Prea't,

CBKNaHAW WABXHOnSS,

Rlclimond, V^.

C.

CONRAD &

CO.,

ST. LOUIS.
Buena Yista and OUNDallas and Houston, Tex.

Branches In Lbaovilli,

NisoN CiTT,

Col.;

LyOfnmercial

Union

Sole Proprietors of the " Original Budwelser."
Trademark registered In 18i7.

Ca

(OF LONDOtf),

BVDWEISER L.AOERBEER,

ALFRED

IN BOTTLES,
made from imported Saaser Hops and choice
Bohemian Barley, universally acknowledged the
best and healthiest Beer In the world. Warranted
to keep In all climates. Agents wanted In all towns.
Aih voMT Oroter tn Ovnrmi't Bi«liw<»#r.

Ins,

PELL,
Resident Manager,

3r

&

39 Wall Street