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HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL.
NEW
29.
YORK, JULY
NO.
19, ]879.
Financial.
Financial.
Financial.
Dickinson
Banque
Centrale
Anversoise,
Antwerp.
Pald-IIp Capital,
-
-
9,000,000 Francs.
WALL
45
DRAW
BOARD OF DIRECTORS
Fblix Grtsar,
President.
Alfk«i> Maqcinay (Graff
*
.
NEW YORK.
ST.,
BILLS ON LONDON.
MAKE CABLE TRANSFERS.
Maqulnay), VlcePres
Vox skb Bbckk (B. Von dor Uecke).
Otto Gunthbr. (Cornellle-David).
fcMU.K dk Gottal.
Ad. Frank (Frank, Modol & Cle.)
Aug. Nottehohm (Nottebohm Freres).
Fh. Duanis (Mlchlels-Loos).
Co.,
_ ».^„,,„
BANKERS,
PHELPS.
N.
JAMES STOKES.
ANSON PHELPS STOKES.
J. M.
Birr CommercialPapeh axdBillsof Exchange
Joh. Das. Fuui'.mann, Jr. (Joh. Dan. Fuhrmann.).
Louis Websr (Ed. Weber & Cle.)
Jules Radtknstrauoh
(C. Schnild
TRANSACTS
Cle.)
A
P. Potter, Prest.
Sam'l Phillips, Cashier.
BOSTON
$400,000
300,000
Surplus,
COLLECTIONS, and
prompt remittances made on day of payment.
Boston business paper discounted.
Correspon-
dence invited.
John
No. 59
T.
&
Cisco
&
commission.
Sound
railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
R.
York.
DEPOSITS RECEIVED SUBJECT TO CHECK AT
AND INTEREST ALLOWED ON DAILY
BALANCES.
GOVERNMENT BONDS. GOLD, STOCKS AND
ALL INVESTMENT SECURITIES BOUGHT AND
SOLD ON COMMISSION.
JT.
Ho. 45 Wall Street,
Transact a general banking and brokerage busiest in Railway Shares and Bonds and Government
ecurities.
Stock Exchange.
ames M. Drake
Co\
AND
21
WALL STREET, NEW YORK,
AND BANKER,
LA.
St.,
New
;
York,
Mr. J. M. Drako has been a member of the New
York Stock Exchange since 1K5U, and will give personal attention toall business entrusted to the nnu.
Buttrick
2c
Elliman,
RANKERS AND BROKER*,
No. 2 Nassau street,
New
York.
BONDS, STOCKS and INVESTMENT SECURITIES
BOUGHT AND SOLD ON COMMISSION.
C.
A.
BUTTRICK, Members of the
)
WM. ELLIMAN,
York.
j
N.Y. Stock
and Mining Exchanges.
BROKERS IN
Exchange.
/or Cash or en
y
Stocks, Bonds, and ail Investment
Securities* in lots to suit.
&^CoT,
Hollister
FOREIGN EXCHANGE,
63 Wall Street,
(P. O. BOX
New York.
3,347.)
Special atteatlon paid to the neg»ti»tlon of
mercial hills.
Com
Stocks, Governments and Miscellaneous Securities
bought and sold on commission.
NEW YORK
HOUSE:
New
43
Street.
H. H. Hollister,
Roueut B. Holmes,
BALTIMORE HOUSE;:
21 South Street.
H. H. Hollister,
S. H. iii-s.in,
Bank
Citizens'
cfcj Co.
Buys and
ties.
sells
on commission
all
Georgia securi-
Collections solicited.
Corresponds with and
Exchange National Bank.
refers
to
American
Perino Brown, Pres't. W. H. Patterson.
Cash'r.
BOSTON.
YORK.
184 Pearl
COR. OF
WALL STREET AND BROADWAY
GOSSLER
&
Co.,
OOHBESPONDEHTS 0»
Bank
or
Hamburg and
York.
Transact a General Banking Business, Including
the purchase and sale of STOCKS and BONDS for
cash or on margin.
Investment Securities.
BOX 2,047.
A M. Kidder. C. W. MOLmaaw. Jr. W. Trask.
Buy and
Sell
P. O.
70 State Street
Street.
International
BANKERS,
New
OF GEORGIA,
Atlanta, Georgia.
London, (Limited.)
HOUSE IN EUROPE,
166 QRAVTBR STREET,
DREXEL BUILDING.
22
BANKERS AND BROKERS,
NEW
|Charles G. Johnsen,
Co.,
BUY and SELL RAILROAD STOCK8 and BONDS.
U. S. GOVERNMENT. STATE. CITY, and all other
Negotiable Securities, ON COMMISSION.
Members of New York Stock Exchange.
Issue Commercial and Travelers' Credits available
In all part* of the world. Draw Time and Sight Bills
on the Union Bank of London, and on the Credit
Lyonnals, st Lyons or Paris. Make Cable Transfers.
&
BANKERS,
NEW YORK AND BALTIMORE.
BANKERS,
NEW ORLEANS
New
V. Stock
AT.
Sell en Commission,
H. H.
Kountze Brothers,
JllilMIIAVT
membership in
Buy and
Interest allowed on deposits.
Investments carefully attended to.
113
&
Kimball
4 Exchange Courts
12 years
Co.,
Gwynne & Day,
Platt K. Dickinson,
Howard C. Dickinhox,
Members N. Y. Stock Exchange and N Y. Mining
BANKERS and BROKERS Hilmers,McGowan & Co
Margin^
BANKERS AND COMMISSION MERCHANTS
2 Exchange Court, New York.
(Established 1854.]
York.
Accotints and Agency of Banks, Corporations,
and individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends, also as transfer agents.
Bonds, stocks and securities bought and sold on
Son,
SIGHT,
Have been connected with mining since the discovery of the famous Comstock Lode, and also
pioneers In tbe celebrated Bodle district, In which
are located the " Standard," " Bulwer," " Bodle,"
and other well-known mines. Letters and telegrams
from theso districts received dally. Orders executed direct at the San Francisco Stock Excnange.
Wall
Union Bank of London.
BANKERS,
Wall Street, New
R. T. Wilson
52
Co.,
firms
Capital,
Special attention given to
&
Paton
BANKERS,
William Street, New
New York.
Stocks, Railroad Bonds, Governments, and all Seen rit k's dealt In at the N. Y. Stock Exchange, bought
and Bold, either for Investment or on margin.
J
Jesup,
Maverick National Bank,
No. 43 Exchange Place,
TRANSACT GENERAL DOMESTIC AND FOREIGN BANKING BUSINESS.
BANKING BUSINESS.
CiENEItAL
ASA
&
Bro's.,
BANKERS,
&
Phelps, Stokes
I.
734.
Smith
&
Hannaman,
INDIANArOLIS, INDIANA,
MAKE SAFE AND PROMPT
LOANS
JOHN BERENBERG, GOSSLER A CO
on
HAMBURG.
BEAL ESTATE SECUBITT.
;
:
THE CHRONICLE
i.
&
Drexel, Morgan
WILL si ui
i.
i
M
No.
&
Drexel, Harjes
Co.,
South Tbi«i>
St.
31
Bank of Montreal.
Co.,
CORNER OP BROAD, NEW TORE.
Drexel
&
Co
Boulevard Uauiimanc
CAPITAL,
-
M
•
EIl'l.IS,
.
ATTOa*«TB AXD AOKXT* OF
<V CO.,
Messrs. J. s.
MORGAN
LONDON.
&
Brothers
No. VI
WALL
Co.,
am
of tbe world.
THEY ALSO ISSUE COMMERCIAL CREDITS
MAKE CABLE TRANSFERS OF MONEY BETWEEN TIlIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.
& Co.,
Seligman
BANKERS,
59
C. F. Sjiithirs.
EXCHANGE PLACE,
CORNER BROAD 8TREHT. NEW YORK.
.
AMIlt
Benu.
Waltbb Watson, J A
Buy and
Exchange, Francs and Cable
sell Sterling
on and make collections
Dominion
London
Draw
Bills of
&
No. 52
OK A
CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON.
Til Via
Circular Notes and Credits fob Tkatelibs.
S.
&
G.
G. C. Ward,
62 WALL STREET. NEW YORK.
28 STATE STREET, BOSTON.
Stuart
J
SMITH'S,
BANKERS, LONDON
MANCHESTER & COUNTY BANK,
<V
California Banks.
The Nevada Bank
OF SAN FRANCISCO.
New York
Capital, paid up... $10,000,000 Gold.
Surplus,
"LIMITED;"
CANADA
BELFAST, IRELAND;
A3«D
ON THS
NATIONAL BANK OP SCOTLAND,
EDINBURG, AND BRANCHES;
President, the Hon.
JOHN HAMILTON.
JOHN MCLENNAN,
Vice-President,
HEAD
ESQ.
MONTREAL.
OFFICE,
GEORGE HAGUE, General Manager.
WM. J. INGRAM, Asst. General
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.
HENRY HAGUE.
JOHN
B.
)
HARRIS,
JR.,
j
Aienta
A
8 ents
$1,000,000.
D. R. WILKIE,
HOWLAND, President
S.
HEAD
;
-
L. BRANDER,
Issue Commercial and Travelers' Credits available
In any part of the world. Draws Exchange, Foreign
and Inland, and makes Trans. era of Money by Telegraph and Cable. Gives specUl attention to Gold and
Silver Bullion and Specie, and to California Collections and Securities and arranges to pay Dividends
Cashltr
Brakcbks:
CATHARINES, PORT COLBORNE, ST. THOMAS
INGERSOLL, WELLAND, DUNNVjLLE, FERGUS.
ST.
Dealers in American Currency and Sterling Exchange.
»3
Lombard
street.
I
j
on such
Knoblauch
de
New York, The BANK of NEW YORK, N.B.A.
THE
Anglo-Califbrnian Bank
(LIMITED).
LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Office. 422 California
Agents. J.
& W.
-
Selifjman
&
St
Co.
$6,000,000.
1,700,000.
Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favorFRED'K F. LOW,
able terms.
} M»n»o«r«
Managers.
P. N.
IGNATZ STEINH ART.
LILIENTHAL, Cashier.
)
Boston Bankers.
Chas. A. Sweet
&
Co.,
BANKERS
STATE STREET, ROSTON.
Nederlandsche
State, City,
DEALERS IN GOVERNMENT SECU3ITIES, Gold,
County and Railroad Bonds
i
Lichtenstein,
Handel-Maatschappij,
St., cor. Exchange Place.
NEW YORE.
Make Telegraphic Money Transfer*.
Draw Bills of Exchange and Issue Letters ol CredlC
ESTABLI8ED 1834.
Paid-up Capital, 36,000,000 Florins.
OF HOLLAND,
30 William
principal cities or Europe.
SPECIAL PARTNER,
Berlin.
DEUTSCHE BANK,
McKim
PAYNE & SMITHS,
UNION BANK OF LONDON,
do
do
40
The Nellierland Trading Society
all
due dates.
Bankers, London, SMITH,
Foreign Bankers.
BANKERS,
on
securities at
Agents In New York
Bank of Montbiai.
59 Wall street.
Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold or currency draft on New York.
CABLE TRANSFERS AND LETTERS OF CREDIT
I
Authorized Capital, Paid up and Reserve,
OFFICE, TORONTO.
Agents in London
Bosanqubt, Salt & Co.,
j-Ag
Agents.
GEORGE
Imperial Bank of Canada NEW YORK
H.
CHRISTENSEN,
"
;
Manager.
BANKERS:
LONDON, ENG.— The Clydesdale Banking Comp'y.
NEW YORK—The Bank of New York. N. B. A.
The New York Agency buys and sells Sterling Ex-
A I."".
&
3,500,000
C. T.
85,401,790 Paid Up.
:
ULSTER BANKING COMPANY,
(invested in
U.S.Bonds)
;
MANCHESTER, PAYABLE IN LONDON
Agency, C2 Wall Street
OF
Capital,
&
Co,,
J.
33 NASSAU STREET.
BILLS OF EXCHANGE 'ON
SMITH, PAYNE
Messrs.
Merchants' Bank
BARING BROTHERS & COMPANY,
&
AM
New York Agency, 48 Excliauge-place.
AGKSTS FOB
J.
RANKERS
WALL STREET.
Capital,
No. 8 Wnll Street, New York,
No. 4 Post Office Square, Boston,
CHEQUES AND CABLE TRANSFERS ON
Adolph Boissevain & Co.
No. 9 Birchln Lane.
Commercial Credits Issued for use In Europe, China,
Japan, tbe East and West Indies, and South America.
Demand and Time Bills of Exchange, payable in
London and elsewhere, bought and sold at current
rates; also Cable Transfers.
Demand Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banklnw Business transacted.
D. A. MACTAVISH,< .,„,.
Agents.
WM.
trans-
Co.,
54
A CO.,
Agints for North America,
wall street, new yore,
88 state street, boston.
of Canada.
Office,
California.
John Munroe
RLAKE RROTHERS
COMMISSION MERCHANTS
Bank of British
AMSTERDAM, HOLLAND.
North America, N. Y. Correspondents—
BLAKE BROS. A CO
for Travelers,
Exchange and make telegraphic
money on Europe and
In Batavla, Soerabaya and Samarang.
Correspondents In radang.
AGENCY OF THE
Payable In any part of Europe, Asia, Africa, Australia
and America.
fers of
1863.
business of a financial character in connection with
tbe trade with the Dutch East Indies.
Chicago and throughout
in
LaWSON,
bane Letters of Credit
Established in
Paid-lJp Capital, 12,00>>,000 Guilders
($4,800,000 Gold.)
HEAD OFFICE IN AMSTERDAM.
Issue commercial credits, make advances on shipments of staple merchandise, and transact othei
)
Y.,
dollars for use In tbe United States and adjacent
part
countries, and In pound) tuning for use in
& W.
AMSTERDAM, HOLLAND.
Transfers; grant Commercial and Travelers' Credits, available in any part of the world ; issue drafts
Issue, against cash deposl ed. or satlsf actory guarantee of repayment, Clrcntar Credlta for Travelera, In
J.
Nos.
tbe
ST., N.
General Manager
NEW YOKE OFFlCb,
50 A 61 WALL STREET.
.
Brown
ANGUS,
Nederlandsch Indische
Handelsbank,
Agencies
Deposits received subject to Draft Secuni tea. Gold.
Ac nought and sold onCommtsf ion. lmeie.t allowec
on Deposit*. Foreign Kxchange. Commercial Credit*.
Circular Letter! for Travelers,
Casio Transfers.
available in all partial tbe world.
ST..
President.
R. B.
DOMESTIC AND FOREIGN BASKEHS.
OLD BROAD
$12,000,000, Gold.
5,500,000, Gold.
GEORGE STEPHEN,
Pari*.
Philadelphia.
No. t!
Foreign Bankers.
Banks.
C'umuliaii
Foreign Exchange.
XXIX
Vol.
Brothers
BANKERS/
47 Wall Street,
&
($1 I. 10.1,000, Gold.))
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 for Kxport.
New York.
No. 7
S. CARTER,
STANTON BLAKE.
E. HAWLEY,
OLIVEli
Niw
HENRY
Tobk. January
Office,
)
Parker
for
)
America.
&
Stackpole,
BANKERS,
Agents
}
EXCHANGE PLACE,
BOSTON.
;
Co.,
H. Peck,
F.
RANKER AND BROKER*
No. 78
DEVONSHIRE STBEET,
1, iri9.
142 Pearl
Street,
New
York.
BOSTON.
July
19, 1879.
THE CHRONICLE.
|
Boston Banker*.
Southern Bankers.
THOS.
P.
MILLER, II. D. WILLIAMS,
CUAS. B. MILLER.
Massachusetts
Miller
Loan & Trust Company, Thos. P. BANKERS.
No.
mohii
POST OFFICE SQUARE,
18
BOSTON.
.......
payments made before
maturity of loans.
&
J.
Co.,
No. 63
Co.,
SECURITIES;
York,
ST.,
Sand, Hamilton &-Co., Coleman Benedict & Co.
BANKERS AND BROKERS,
New York.
STOCKS AND BONDS BOUGHT AND SOLD ON
COMMISSION.
Municipal Bonds.
R. A. Lancaster
BROADWAY, NEW YORK,
66
DEALERS in
Bought and Sold on Commission.
Virginia Tax- Receivable Coupons Bought.
BOSTON.
RAILROAD BONDS.
S0U1HERN SECURITIES A SPECIALTY.
loans mkuotiatei).
Interest allowed on Deposits.
SPECIAL ATTENTION GIVEN TO
FUNDING VIRGINIA AND NORTH
CAROLINA STATE BONDS.
C. C. Jackson,
EJF
STOCK BROKER,
siniitiONS' in iiiiiM..
H.
&
Grant,
L.
No. 145
Bo§ton, Mass.
I'liila,
Co.,
First-Class Investment Securities.
GOVERNMENT BONDS, STATE, CITY, COUNTY,
RAILROAD* MISCELLANEOUS SECURITIES
STATE STREET,
Dealer in CITY, COUNTY and
&
BANKERS AND BROKERS,
BANKER AND BROKER,
No. 51
Co.,
BANKERS ANjj BROKERS,
ll.lIiTIX.ORE.
INVESTMENT and VIRGINIA SECURITIES
8
solicited
and
information
fur.
Dished.
N. V
.
Cobrespondbnts— McKlra Brothers
Bell
.
As
ro.
Austin,
JSTOCK BROKER,
SOS WALNUT PLACE (316 WALNUT
ST.),
Orders In Stocks and Bonds promptly executed at
the Philadelphia and New * ork Boards.
Southern Bankers.
B.B. Bhrruss,
Prea't.
Exchange Place,
BUYS AND SELLS
RAILROAD BONDS AND STOCKS.
ALL CLASSES OF INVESTMENT AND MISCHANGE A SPECIALTY.
Correspondence
Collections
made on
(
I
all
21
)
lulls, f
C. T. Walker
Cashier.
German Bank,
LITTLE ROCK, ARK.
•CAPITAL
(Paid-in)
Bmu-iiiia
$75,000.
25,000.
Prompt M Motion given to all business In our line.
N- Y.Corrphpowdkvts, Donnell. Lawson & Co. and
tin
Me
•onoiitia National Bank.
BROAD STREET.
GAS
STOCKS
A 8PKCIALTY.
parte of the United State*
Incorporated
and Information cheer-
Geo. H. Prentiss,
A. K. Walkbb, Cashier.
STATE BANK.
solicited
fully furnished.
First National Bank,
WILMINGTON, N. C.
U, F. PaNZKL,
President.
BASEMENT,
Deals In Investment Sefurltirs and
Bonds Generally.
WANTED.
Boston
New York Air Line Preferred Stock.
Toledo Logansport & Burlington Bonds.
Union & Lojransport Bonds.
Columbus &, Indianapolis Central Bonds.
Koine Watertown & OKdeiisburp Bunds
Indianapolis A Vincennes Bonds.
New York & Oswego Midland Bonds.
Southern Uallroad Bonds.
Sc,
N. T.
Brooklyn Securities Bought and Sold
H.
F. Gilbert
No. 16 Broad
St.
&
Co.,
(near Wail),
BANKERS AND STOCK BROKERS.
Stocks bought and sold on the NEW YORK STOCK
EXCHANGE on a margin of 3 percent. If desired
Equal attention given to small and larue Investments
Any Information given personally or by mall, Firstclass references.
Beers, Jr.,
SECURITIES, CITY
Gas Stocks,
BOXDS,
dec,
HAS REMOVED TO
No.
I,
1
NEW STREET,
NEW YORK
1879.
STOCKS
BONDS
and
At Auction.
51
CELLANEOUS SECURITIES NOT ACTIVELY
DEALT IN AT THE NEW YORK STOCK EX-
PHILADELPHIA.
NASSAU STREET,
19
May
H. W. Rosenbaum,
specialty.
Correspondence
Albert E. Hachfield,
BROOKLYN
See quotations of City Railroads In this paper.
RROADWAY.
91
Stocks. Railroad Bonds. Government*, and all Securities dealt In at the New York Stock Exdiango
bought and sold, either for investment or on margin,
in Iota to suit, on commission only.
Coleman Benedict,
Jas. McGoveun, Jr.
Member N. T. Stock Exchange.
RROADWAY,
BOUGHT AND SOLD.
&
8TOCK AND BOND BROKERS,
NEW YORK.
CITY RAILROAD STOCKS & BONUS
Baltimore Bankers.
Wilson, Colston
AND COMMISSION STOCK BROKERS,
Exchange Court and 52 Broadway,
Intercut allowed on deposits, to be drawn at will.
Also, Contract* made and carried In New York
Cotton and Produce Exchanges. We Issue a Dally
Letter which will be sent on application.
COMMERCIAL PAPER NEGOTIATED.
Late Cashier Blackstoxe National Bank},
Mercer,
BANKERS
7
BANKERS AND DEALERS IN
Stanton D. Loring,
&
Owens
2 Nassau Street,
Roston,
Co.,
and
Gorernment Bonds and Investment Securities.
negotiate loans and draw bills of
exchange on london.
Geoboe H. Holt,
Member N. Y. Stock Exchange.
DEVONSHIRE
&
Wm. F.Owens.
Geo. A. Merceh.
Member. N. Y. Stock Exchange
All business reluting to the Construction and
Geo. Win. Ballou&Co
FRANK JENKINS
BANKERS,
CEDAR STREET,
62
Equipment of Railroads undertaken.
Investment Securities constantly op hand.
HATCH.
In addition lo a General Haiklng Business, bay
Board
Orders executed on Commission at Brokers
II.
H. BOL'OEN.
Gilman, Son
Collect Coupons and Dividends!
Auctions, and Private Sale.
18
THOMAS
WILLIAM STREET,
RULROAD INVESTMENT
Commercial
l
WILLIAM
&
sell
(taper.
New
MARKET.
Bankers ami Merchants,
CONGRESS STREET,
WALL STREET,
I
NEW
at the
YORK HTIM'K EXCHANGE, or all
r< >putable Securities bought ami sold In the OPEN
LOANS and n.MM KIU'I Al. I'APKH
negotiated. Interest pal.i on DEPOSITS subject to
check.
Kennedy
S.
Purchase and sell, on Commission. COVEIt.NMKNT,
STAT*. MUNICIPAL an. KM I. In ,.\ l> IlilMih
and STOCKS, and all classes of Kecurltlea dealt In
New York,
BUY AND SELL
Dealers In Stocks, Bonds, Gold and
8
ALABAMA.
.
inaneial.
Ronton, OTas*.
Geo. Wm, Ballot;.
Co.,
of Liverpool, Liverpool.
BANKERS,
No. 35
&
;
CORRESPONDENCE SOLICITED.
Brewster, Basset
W. MILLER
payment.
Correspondents.— German-American Bank, New
York; Louisiana National Bank, New Orleans Bank
Treasurer
President.
Loans made ttpon time on Staple Merchandise
either upon bills of Lading or Warehouse Receipts.
Exchange of Collateral, or prepayments In ptvrto
for entire loans allowed.
all
I
rinanelal.
J.NO.
Special attention paid to collection*, with prompt
remittances at current rutes of exchungo on day of
Chartered In 1870.
$500 000.
CAPITAL,
STEPHEN M. CROSBY,
GEO. WOODS RICE,
Allow Interest on
in
The
REGULAR AUCTION
hold
undersigned
SALES
of
all
classes of
STOCKS AND BOXDS^
on
WEDNESDAYS AND SATURDAYS.
ADRIAN
No. T
II.
SIIILLER A SON,
PINK STREET,
NEW
WANTED
YORK.
:
Atchison * Pike's Peak HR. Bonds and Stock.
Chicago A Illinois Eastern KK. Bonds and Stock.
City. County and Town Bonds of Western State*.
City of St. Joseph, Mo., 7 Per Cent Bonds.
Iowa Central Railroad First Mortgage Bonds.
Danville Urbana Bloomington 4 I'ekln Bonds.
Indianapolis & St. Louis ltallroad Bonds.
St. Louis Vundalia & Terre Haute Railroad Bond*.
Houston & Texas Central Railroad Comnany Stock.
Port Huron A Lake Michigan Railroad Bonds.
East Lincoln (111.) 10 Per Cent Bonds.
International .1 Ureal Northern Uallroad btock.
St. Joseph A; Western Railroad Stock.
First Mortgage Bonds.
New York & Oswego RailroadReceiver's
Cert ideate*.
N. Y. & Oswego Midland RR.
Utah Southern Railroad First Mortgage Bonds.
St. Louis A South Eastern Railroad Bonds.
WM.
R. UTI/JKV, 31 Ptne
OLDEN FliKECE
G<»I.B
St..
N. T.
* SILVER
MINING COMPANY.
Office, Reno, Washoe County, Nevada.
New York Office. No. 17 Broad Struct.
,_, Authorized Agents at New i ork and Boston for tna
G<r
Main
fc
amount of stock,
STF.RNBF.RGEU. Bankers.
sale of a limited
11.
A
S.
And M Devonshire
17 Broad Street,
Street, Boaton.
Now
York,
:
THE CHRONICLE.
I
Financial.
UNION TRUST CO.
NEW
OF
YORK,
Broadway, Cor. Bettor
>o. IS
HAS SPECIAL FACILITIES FOR AOTINO AS
Transfer Agent and
Registrar of Stocks.
Authorised by Uw to act » Executor, Admlulitrator,
Oaardlan, Receiver, or Trustee, tad
1. 1 .<.
Interest allowed on Deposit*, which
and withdrawn at any time.
N B.— Checks on
be made
may
paw through tne
KfNG, PrauXtni.
this Institution
KDWARD
Clearlng-House.
J.
Ua
DEPOSITORY FOB MONEY.
I I.
M. McL*»N, 1«
Ylct-Praitaent.
Vice President.
M
Wm. Whitewrioht,
M. McLean,
AV0U8TCS &CUKLL,
E. B. Wislst,
(Jko.
6. G. Williams,
C.
Sami-f.1.
I
Cor. of
MonUgne A Clinton sta., Brooklyn,
N. Y.
authorized by special charter to
act as receiver, trustee, guardian, executor, or adla
ministrator.
.
It can act as agent In the sale or management of
real estate, collect Interest or dividends, receive
registry and transfer books, or make purchase and
aale of Government and other securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will
find this Companv a safe and convenient depository
RIPLEY ROPES. President.
for money.
(HAS. R. MARVIN, Vlce-Pres't.
.
Edgar M.
Ci'llkn, Counsel.
TR.ITSTFFS
Wm. B.
Kendall, Henry Sanger,' Alex. McCue,
Chus.B. Marvin. A A. Low,
John P. Rolfc,
Thomas Sullivan, Abm. B.Baylis. Henry K.Sheldon
1 1. K Plerrcpont. Dan'l Chauncey, John T. Martin,
White,
Joslah
O. Low, Ripley Ropes,
Alex. M.
Austin Corbin. Edmund W. Conies.
WM. R. BUNKER, Secretary.
WAL8T0S
H.
rKXD. A. BROWN.
BROWN.
WalstonH. Brown &Bro.
BANKERS,
Pine Street, New
11
York.
SECTJBITIES.
10's.
TOBEY
WANTED BY
KIRK, 4 Broad
Sc
ALBERT
Stocks and
Railroad second mortgage bonds for extension.
We are also prepared to buy, at l'OOJ^ and accrued
Interest, any of the bonds, the holders of which
may desire to sell rather than extend.
D REXEL MORGAN A CO
,
HOLDERS
BONDS TAKE NOTICE.
on the same
14, 1879.
CO.,
defendants.
AUGUST COUPONS OF ALL
MONTGOMERY,
Treasurer.
The lake Shore and Michigan Southern 1
Railway Company, Treasurer's Office,
Grand Central Depot,
New York, June 19, 1879. J
DIRECTORS OF IHIs COJI-
-1
The sale under the decree made In the abovc-entltied suit, which has been advortlsed In this paper once
a week for the fifteen weeks Inst past. Is hereby adjourned to September »>, 1879; the sale to take
placo at tho wlckliarn Avenue Depot of the New
York A Oswego Midland Railroad Company, In Mlddletown. In the County of Orange and State of
WHITE,
Master
upon
TWO
CAPITAL
its
payable on the 1st day of August next at
this office.
l'he transfer books will
be closed at 3 o'clock
P. M. on SATURDAY, the 28th inst., and will be reopened on the morning of WEDNESDAY, the 0th
day of August next.
E. D.
WORCESTER, Treasurer.
The Michigan Central Railroad Co., )
Treasurer's Office, grand Central Depot.>
New York, June 19. 1879. )
I'llt: DIRECTORS OF I His COMpany have
this day declared a dividend of
AND ONE-HALF PER CENT
STOCK,
upon
its
ONE
CAPITAL
payable on the 1st day of August next at
C.
VANDERBILT. Treasurer.
and
COO.UARD,
street, St. Louis,
Mo.
Texas Bonds.
MUNICIPAL BONOS
BOUGHT AND
J. C.
CHEW,
SOLD.
29 BroadwtT.
WANTED:
CITY OF MOBILE
Past-Due Coupons.
THOMAS P. DULLER & CO.,
MOBILE, ALABAMA.
Wanted Money
TO LOAN ON APPROVED SECURITY LN
OUT A, NEBRASKA AND DAKOTA.
10
to
12 Per Cent Guaranteed.
FOR
A
SALE.
Choice lot of Lands in different parts of the
West. Also, Western Securities. A Choice Invest
ment. Address, for full particulars,
D.
11.
TALBOT,
General Land, Scrip and Warrant BroKer,
Slonx City, Iowa.
Reference.— First National Bank. Sioux City, Iowa
NEVADA MINING CO.
SOUTHERN
DISTRICT, ESMERALDA CO., NET..
OsANTA FE
MAIN OFFICE, RENO., WASHOE CO..NEV.
NEW YORK OFFICE, 17 BROAD ST.
Authorized Agents at New York and Boston for the.
sale of a limited number of stock,
M. A S. STERNBERGER, Bankers,
No. 17 Broad Street, New York, and
No. 52 Devonshire Street, Boston.
,
Erie 1st and 2d Consolidated Bonds
AND
Erie $6 Assessment Paid Shares,
BOUGHT AND SOLD BY
The
transfer books will be closed at 3 o'clock
P. M. on SATURDAY, the 28th inst., and will be reopened on the morning of WEDNESDAY, the 6th
day of August next.
Highest market
full description,
STATE, RAILROAD, COUNTY AND
this office.
New
For terms and conditions of sale, reference is
made to the advertisement referred to, or can be
obtained by calling upon the Master at his office.
No. 140 Nassau street (Morse Building), in the City
dav declared a dividend of
AND ONE-HALF PER CENT
STOCK,
•
Mew York City.
7.
Give
BANKER AND BROKER,
1
UNITED STATES CIRCUIT COURT,
Complainants' Solicitors,
No. 180 Bnmdway,
L. A.
Assistant Secretary.
THE
Real
MISSOURI and ILLINOIS DE-
price paid for them.
address,
H. B. PARSONS,
E. L.
SOUTHERN DISTRICT OF NEW YORK. -In
Equity.— Between JOHN (J. STEVENS and others.
complainants, and the NEW YORK A OSWEGO
MIDI. AND UAH. ROAD COMPANY and others,
G.
BROAD STREET,
Estate First Mortgage Bonds guaranteed
by the Mercantile Trust Company will be paid at
the office of that company, No. 120 Broadway, on
the 1st day of August next.
New York.
New York.
KENNETH
Dated June 28, 1879.
Alexander a green.
HOMESTAKE
CO.,
WAKTED:
All kinds of
the Board of Trustees of the town of
31
A;
Street.
FAULTED COUNTY BONDS.
will cease.
TIIS
Wall
54
ILLS.,
sentation at the banking-house of L. A. COQUARD,
No. 124 N. 3d Street, St. Louis, Mo., on or before the
15th day of August, 1879, at which time the interest
Street.
Ml ©I AY &
Of
ItlAKU BROTHERS
124 N. Third
Bonds number 10,48 and 49 of the above-named
town are hereby called in and will be paid on pre-
1908.
FOR SALE BY
(
_^
St.,
DUE
Principal and Interest payable at the Bane
op Montreal, in New York oh London.
President.
OF MASCOUTAH,
Inst.
ET
No. 43 Pine
GOLD DOLLAR AND STERLING BONDS,
:
The Regular Monthly Dividend of Thirty Cents
per share has been declared for June, payable at
the office of the transfer agents. Wells, Fargo A Co.
on the 25th Inst. Transfer books close on the 19th
Onr Established Days 38 Years,
Or Special Sales on other days when required.
CO.,
Province of Quebec
FIVE PER CENT
.
Mortgage Preferred Bonds of the St. Louis Alton &
Terre Haute Railroad Company
Coupons of SERIES C of these bonds due February 1, 1879, will be paid on presentation at the Third
National Bank in this eity, on and after MONDAY,
DIVIDEND NO.
all classes cf
.V
25 NASSAU STREET.
New York, June 30, 1879.— To the holders of Second
EVEBY 1IOMM1 AND THURSDAY, THE
pany have this
II
FOR SALE BY
MORTON, BLISS
1,1)1 ss ALTON
AND TERRE
ST.
HAUTE RAILROAD CO., NO. 12 WALL STREET,
July
STOCKS AND BONDS
ALBERT
1879.
maturity.
MINING COMPANY, NO.
Bonds
hold onr Regular Auction Sales of
Chairman.
JEWETT, President.
Wall ST., New York, June SO, 1879.
Referring to the above notice of the New York
Lake Erie A Western Railroad Company, we are
now ready to receive any of the New York & Erie
OFFICE OF
AT AUCTION.
T.'e
FIRST MORTGAGE SIX PER CENT
FORTY-TEAR GOLD BONDS,
PRINCIPAL AND INTEREST GUARANTEED
BY THE DUBUQUE A SIOUX CITY RR. CO.
Price, 102 1-2 and Accrued Interest.
Mascoutah.
NICOLAY, Auctioneer
H.
Dakota
23
By order of
Cass County, Mo., 10's.
Cape Glrardean County, Mo., 10's.
Chariton County, Mo., 8's.
Daviess County, Mo., 7's.
Henry County, Mo., 10's.
Howard County, Mo., Charlton Township.
Henry County, Mo., 10's.
Marion County. Mo., Mason Township.
Morgan County, Mo., lu'e.
I'ettis County, Mo., 10's.
St. Clair County, Mo., 10'a.
Ralls County, Mo., 10's.
Sullivan County, Mo., 7's.
&
Dubuque
arrangement with
to extend the
second mortgage bonds issued by the New York A
Brie Railroad Company, maturing Sept. 1 next, the
principal payable in forty years from that date, and
the interest March 1 and September 1, semi-annually, at five percent per annum, both in United States
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 shall deposit their bonds for that purpose
with Messrs. DREXEL, MORGAN A CO. prior to
the 15th of August next.
Such bonds as may not be extended by the holder,
or be presented for that purpose by Messrs. Drexel,
Co., will be paid at
H. J.
for Sale at 95.
ALSO,
G. Robinson, Secretary.
W. BAYARD CUTTING,
MISSOURI COUNTY BONDS.
Buchanan County, Mo.,
A Limited Amount
DREXEL, MORGAN A CO.
Morgan A
Louis
St.
INTEREST PAYABLE JUNE AND DECEMBER.
the 7TH JULY, In accordance with the order of the
United States Court.
SPECIAL ATTENTION GIVEN TO THE NKGOT1A
TION OF
RAILROAD
EUGENE KELLY,
Messrs.
&
FIRST MORTGAGE SEVEN PER
CENT GOLD BONDS,
DUE IN 1027.
The committee beg
enforcement of the liens of Tennessee
bonds, on the railroads to which they wore issued,
heard
by the Court in the course of the next
will be
few weeks, and that Mr. Justice Strong, of the
Supreme Court of the United States will preside at
the trial of the causes. Upon representation that
some of the bondholders, who desire to avail themselves of the committee's action for the enforcement of the railroad liens, were absent, or for other
causes were prevented from assenting thereto
within the time limited In the previous circular, the
committee feel It incumbent on them to extend the
time of uniting In the suits, upon the original
terms, to wit: One coupon and live dollars in cash
per lien bond, until July 20, current. But after that
date the committee will not receive assessments.
Thereafter the committee will consider themselves absolved from all responsibility to nonassenting holders of lien bonds, and will not protect
their Interests In the course of the legal proceedings, or in any other arrangements growing out of
New York, June 30,
The Brooklyn Trust Co.
Thla Company
Minneapolis
187".
This company has made an
Secretary.
<:,
.1.
OF THE NEW YORK LIKE
OFFICE
ERIE & WESTERN RAILROAD COMPANY,
WiixxTS,
Cabot Ward
D. Wood.
1.\
Box WW), New York, July
TENNESSEE BONDS:
TO HOLDERS OFleave
to Inform you that the
THOMAS
Wb. WHITXWRIGUT,
01.1
II.
JT.
NESSEE
(P. O.
them
EXECUTIVE COMMITTEE.
J.
Financial.
'inancial.
OF TENOF COMMITTEE
OFFICE BONDHOLDERS,
No. Hi Nassau street
suits for the
St.
Sl,ooo,oo(t.
CAPITAL,
fVoL. XiDT.
52
J. D. PROBST &. CO.,
EXCH ANGE PLACE, NEW YORK CITY.
~~W ANTED
Carolina St Louisiana
PLUMAS NATIONAL QTJAKTZ Alabama, South
OFFICE
State Bonds;
MINING COMPANY, No. 54 Broad street. New
& Gt. Northern,
York, July 7, 1879.
New Orleans Jackson
DIVIDEND No. 18.
Mississippi Central, and Mobile
The Plumas National Quartz Mining Company have
6c Onto Railroad Ronds
this day declared their regular monthly Dividend of
Eight Cents per share, payable on the 22d instant.
Transfer books close on the 18th inst. and re-open
on the 25th. By order of the Board.
iSlgned)
HENRY
J.
ROGERS,
Secretary.
;
City or
New
Orleans Ronds.
LEVY & BORG,
36
WALL STREET,
fbuaugn
mm
HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATED
VOL.
SATURDAY, JULY
29.
CONTENTS.
We here
A
Failures
ani
Latest Monetary and Commercial
Their
News
Lesson
53
English
Story with a Moral
51
54
55
Commercial
The "DiscriminatUns" Question
Agricultural Distress in England.
56
and
60
69
69
74
Breadetuffs
|
I
63
to
for the
section; but in the California section there is
moment
our while to stop a
Why
to note ?
is
worth
is it
that
the district which embraces the Pacific States, «fcc, has
failed to share in the blessings of
issued on Satur-
midnight of Friday.
IN
ADVANCE:
For One Year, (including postage)
For Six Months
do
Annual subscription iu London (including postage)
do
do
Six mos.
do
$10
20.
6 10.
£2
6s.
...
1 7s.
Subscriptions will be continued until ordered stopped by a written order, or
at (he publication office. The Publishers cannot be responsible for Remittances
unlets made by Drafts or P.st-Oftice Money Orders.
London
6628 per cent
an increase in the liabilities of 8T12 per cent.
Is there not a lesson in these results which it
Imports, Receipts and Exports
Prices Current
news up
cent for the Southern section,
65
TIMES.
TERMS OF SUBSCRIPTION-PAYABLE
per cent for the Eastern
section, 37'30 per
Middle
Western
%ht Chnrwicle.
the latest
4 2 •% 7
is
64
Dry Goods
The Commercial and Financial Chronicle is
day morning, with
of liabilities
shows a very decided
district,
decrease for the six months in the
59
Quotations of Stocks and Bonds
Local Securities
Investments, and State, City and
Corporation Finances
THE COMMERCIAL
Commercial Epitome
Cotton
The
section, 54-19 per cent for the
U. 9. Securities,
Railway Stocks, Gold Market,
Foreign Exchange, N. Y. City
Banks, etc
see that every portion of the United States,
improvement.
amount
Miscellaneous
News
THE BANKERS' GAZETTE.
Money Market,
NO. 734
1879.
except the California
THE CHRONICLE.
Mercantile
19,
Oflfrr.
The London office of the Chronicle is at No. 5 Austin Friars, Old Broad
where subscriptions will be taken at the prices above named.
Street,
Advertisements.
rest of the
DANA
MEW
Post Office Box 4592.
in
resumption
?
All the
a greater or less degree discloses
improved condition of trade, but California
the above classification the other States
and territories) not only shows no improvement, but
tends so decidedly in the other direction, as to give an
aggregate of failure liabilities for the six months of
$5,720,000, against $3,130,088 the same six months of
a greatly
(if
we omit from
last
year.
Do
not these figures simply but forcibly
how bad
thwart and even defeat
tending to recovery ?
Trade was languishing there, as in every other State,,
but the people being impulsive called in some quack docillustrate
Transient advertisements are published at 25 cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal discount is made. Special Notices in Banking and Financial column 60 cents per
line, each insertion.
William b. pana,
WILLIAM B.
Jr CO., Publishers,
I
John e. flotd, jit. f
79 & 81 Wimain Street,
YORE.
country
legislation can
the healthful action of forces
tors to their sick patient
all
who concluded
that, instead
of
and allow nature to complete the
A neat Ale-cover is furnished at 50 cents; postage on the same is 18 letting her lie
cents. Volumes bound for subscribers at $1 20.
and props
nearly
finished, stilts
work
had
so
it
tST" For a complete set of the Commercial and Financial Chronicle —
July, 1865. to date—or of Hunt's Merchants' Magazine. 1339 to 1871, inquire
her
feet
again, and
force
her
on
would
hasten
recovery,
at the office.
make her walk. And they tried it and have just begun
12&~
still
MERCANTILE FAILURES AND THEIR LESSON.
to reap the fruits.
The radical change exhibited in the record of
commercial disasters, and which we remarked upon
when reviewing the April report of Messrs. Dun,
Barlow & Co., shows further progress in their report
for the July quarter, which they have made public
this week.
It will he remembered that the April
figures indicated an improvement both in number of
failures and amount of liabilities in every section of
the country this side of the Rocky mountains, except
the South. For the purpose of disclosing to what extent
or in what proportions the various sections have participated in the present favorable exhibit, we have
classified this report also by sections, both for the three
the experiment might
months of
this year
and
last year,
States and
the provisions of the
Kustern
Middle
—
Southern....
western
Pacific* T..
Total
Liabilit's
Liabilit's
192
4,K52,H4ft
son
227
864
183
9,843,246
1,972,967
4,457,976
2,041,098
443 9,239,145
721 19.86H.n52
422 5,849,292
741 13,061, 9S2
143 1,735,469
Six Months,
Six Months,
1879.
1878.
22.6(10,725
4S.753.940
No.
Liabilit's
No.
is
is
true teaching of
that the country, with
resumption, entered upon the broad road to prosperity,
and nothing but vicious legislation can now check it.
All any section needs is to be let alone. This condition
is more plainly illustrated by the following statement,
Years.
Liabilities
20,256,119
51,642.058
17.04H.321
1876
1877
1878
3K.U7ll.008
3,8011,005
187'J
535 11,093,682
982
28,657,883
1,071
722 10,090,1
1,012 12.887,41(7
390 0,000,143
1,959
4,088 05,779,390
5.825 180.882.706
1
but there
;
and reach the follow- which gives us previous years for comparison.
1878.
No
constitution
Through these thoughts we reach the
Territories.
He.
new
the foregoing figures, and that
First Quarter.
1STO.
of the injury
good reason to fear that the 1st of January will disclose
even a worse condition than the present, and yet no
State in this whole confederacy has the vitality and
recuperative power California possesses.
ing results.
Second Ouart'r.iSecond Quart'r.
much
work may be averted by the eleca legislature not is harmony with, that is opposed
tion of
to,
It is possible that
.:«>«
905
808
No.
Amount
Failures.
of
Liabilities.
Six Months.
Second Quarter.
Anion lit
No.
Failures.
of
Liabilities.
Amount
Failures.
Liabilities.
2,806 $64,644,156 1,794 $43,771,273 4.600
45.0CS.097 J. 719
2.869 54,538,074 1,880
82,078,826 2.470 48,753.940
3,358
4.Q.-|H
22[S66.725
1,534
43.112.665
2.524
I
We
No.
here see that the present year
is
of
$108,415,429
99,606,171
130.832.766
65.779,390
not only proving
THE CHRONICLE.
54
change
to be the roost satisfactory in this record, but the
liabilities
failure
is so very radical that the aggregate
for the six months have only reached one-half of last
[Vol. XXIX.
per cent, which
Western farmer.
lose 12
of the
loss
would eventually come out
THE "DISCRIMINATIONS" QUESTION.
and more than a third less than either of the
Now that the legislative commission, sitting in this
Stronger and clearer evidence of the
other years.
city
to investigate the much-vexed subject of discrimiexistence of conditions most favorable to recovery could
nations
in railway freight charges, has adjourned for the
not be furnished; and yet some of our modern statesmen
present,
to meet again in Saratoga, and thus has given a
entire
are endeavoring to disturb, in fact to destroy, the
'ittle resting spell from the tilts between opposing counThey
well.
framework upon which we are building so
in sel, it may not be amiss to briefly consider some of the
will fail, however; for business revival is so decidedly
year's total
progress that the people will not take even their silver-
coated
That
pills.
A STORY WITH A MORAL.
the 7th of July, mostly consigned to
Co., one
rate discriminations, or differences
—
The Bremen steamer General Werder brought
&
points thus far raised.
J.
& W.
in
on
Seligman
hundred and thirty-eight thousand trade
— for there
is
no need of disagreeing over a phrase have been and still
are practiced is admitted.
These discriminations are
between persons as well as between places. It is not
denied by the investigators that average freight charges
are low and that they have been growing lower during a
—
month the Bremen steamer number of years past; but the leading allegation pracBrown Bros. & Co., four tically the only one is that special contracts are made
Weser
by which some persons and places are served more
hundred thousand trade dollars. These dollars were,
cheaply than others. The gist of the complaint is not
shipped on board the steamers named at
dollars.
In the previous
—
brought, consigned to
we
understand,
that charges are too high, but that they are not uniform.
Southampton, having been obtained in the East. Other
The
logical doctrine of those who bring this complaint
similar shipments have been made to the United Stales
therefore be this
all freight rates should be graded
must
since the first of January, but the two mentioned are
at so much per mile run, for each class, and should be
sufficient for illustration.
invariable to all shippers and in all circumstances.
The
are marked one dollar by tie
:
As
these pieces of silver
alternative to this is, some variations from the rule of
United State3 Mint our people take them as such, though
distance and some exceptions to the rule of uniformity
their intrinsic value is only about, say, 88 cents; that is,
to shippers.
Once admit exception and variation, and
the Bremen or Liverpool merchant pays but 88 cents
the
rule
is gone, leaving schedules which are not rigidly
for them. The operation in full, was then someihing
A Liverpool merchant wanted some wheat, adhered to and a discretionary practice; there is evilike this.
dently no possible middle course between an inflexible
and bought it in the United States, for which he agreed
rule of so much per mile, and a flexible practice which
to pay four hundred thousand dollars, and the Bremen
permits the very contracts and differences now comagreeing
purchased
it
here,
merchant wanted cotton, and
plained of.
Whether the particular contracts and differthousand
and
thirty-eight
hundred
one
to pay for it
Together, these two merchants, for our pro- ences exhibited in evidence are justifiable is an indedollars.
ducts thus obtained, owed the United States five hun- pendent question which we do not touch; it seems a
dred and thirty-eight thousand gold dollars. By means very perplexing one to decide, and one that involves
of these trade dollars, which they secured, they were able business rivalries; but, without keeping in mind the par-
to save, say, twelve cents on each dollar,
and
therefore
uniformity rule.
actually paid their debts as follows.
Total debts of the two merchants
Bought the trade dollar at 88 cents
$538,000
473,440
».
What the merchants made and the United States
lost
$64,500
Of course the above statement
allowance is made for commissions, and, furthermore,
is
the trade dollars probably cost a
ticular case presented, let us consider the merits of the
not accurate, as no
little
higher figure.
But all that is of no importance in this illustration.
These merchants owed a debt to the United States,
which they were able to pay at ten or twelve per cent
discount, and the United States actually lost upwards of
sixty thousand dollars because that debt was paid in
On
its
clearly
face
this rule is
very attractive.
owes some degree of public duty;
it
A
railroad
has no right
A
on the face of the case to refuse to carry goods for
or
him more than B is charged; the rule of no
to charge
discrimination between persons conforms to the general
idea of fair play and of the functions of public carriers as
such.
It seems, also, that a rate
being fixed for carrying
a certain sort of freight one mile, that rate should stand
as the unit to be multiplied
miles.
A
goods a greater or
less
by the number of
railroad sells its services to carry
number of miles; nothing can apparently be simpler or
more correct than to multiply as just stated, and more
Now, let us suppose the Warner Silver bill passed and indefensible than to charge more for a short than for a
free coinage of silver the law of the land.
It would not long distance.
Upon this reasoning, which nearly every
trade dollars.
be necessary
then
for the Liverpool merchant to
up these coins slowly in the East,
but he could ship any silver bullion he fojund on the
market, put it through the Mint and pay his debt.
What an excellent arrangement for Europe it would be,
especially this year, when their crops are so poor. They
could buy all their breadstuffs in Ohio and other Western States, and then through this sweet little arrangement Mr. Warner and his silver advocates had provided, they could pay us for them in our nice brand-new
silver coin directly from the Mint and save 12 per cent,
not forcing them to go to India or China, but kindly
doing all the work for them ourselves. Of course ,the
above illustration shows us how the United States would
laboriously gather
man, without special reflection, is ready to accept as
sound, all Granger laws have been based. But it is
really
subject to several qualifications which are not
generally remembered.
The first is the fact that car-wheels earn money only
when in motion. If a car is loaded with through freight
for a trip of say 1,000 miles, the physical cost of haul-
ing
it
each mile
is
a definite item, and the earnings by
the series, although at the lowest rate, are considerable;
a car goes partly full, to a way station, or if it has to
leave parcels of freight at several stations, the cost of
if
handling and the delays of loading and unloading, and
making-up into trains, are increased largely. If one
through car makes a straight run for rive days, and
—
July
THE CHRONICLE.
19, 1879.]
another one, delivering the same aggregate quantity of
the same kinds of goods, spends the same time between
several way stations, the former may pay the best,
stand
the
55
present
investigation,
in
oiling
cases
of
show the injustice of the system
of discrimination, not that of any particular case. Hence
discrimination, to seek to
although at a much lower rate, simply because the we assume nothing about the particular cases, but concharges other than for hauling which is the only item sider only the feasibility of the uniformity rule.
Does not then such a rule all prices to be graded by
of cost that can be rated at all by the number of miles
—
—
—are
very much greater in case of the local car.
This consideration is overlooked by those who lay down
the per-mile rule, and it in general applies to the charge
run
of discrimination against
way
stations.
distance and
all
alike to all shippers
and straightforward to the
— however attractive
superficial view, really pro-
pose an absurdity, that railroads alone, of all corporations in the world, shall remove inequalities and make
fact is that not all railroads are all persons and places possessed of equal advantages ?
How would it be the duty of railroads to do thi», even
from other competition than that of rival roads
rivers and lakes supply a competition which cannot be if it were within their power ?
The inland town shall
omitted from any rational discussion of transportation be like the seaport the town back from the navigable
problems. Suppose the not uncommon case of a town river shall be on a level with the one at the river's edge;
with both river and rail communication on nearly paral- the large business shall have no advantage over the small
one the capitalist shall pay ne lower prices than the
lel lines, is it not clear that the rail cannot avoid being
cotton shall grow in Minnesota
influenced by the river? On the latter there are no poorest man
every
chartered or exclusive rights; there is an open highway, creek shall be a navigable river and every highway as
free to everybody, and minimum charges therefore pre- practicable as a railroad; all inequalities in human affairs
The railroad must put its rates to a point nearly shall be smoothed into uniformity; these are the logical
vail.
or quite as low as the water rates or lose the business; demands of a rule which requires that railroads, unlike
there may be a slight, though not a living, margin of profit everybody else, shall ignore inequalities, and practically
in such rates, or, perhaps, for other considerations, the solve an equation problem whose quantities ate not
Jack Cade himself, dubbed by himself
railroad may do this competitive business at no profit at equivalent.
all; but it does not follow from this that the railroad is "Jack Amend-all," did not propose a larger and more
bound to carry goods at the same price to another town hopeless task.
situated back from the river, although at no greater
AGRICULTURAL DISTRESS IN ENGLAND.
The river gives cerdistance from the starting point.
tain advantages to the river town; if the railroad did
Not in many years has there been such general distress
not meet the river rates the town would use the river among the farmers of Great Britain as there is to day.
and derive the same advantage; it is the river, not the The depressed condition of agriculture is, in fact, the
rail, which confers the advantage, and the inland town
question of the hour.
It is not, however, a new
On the contrary, it has been commanding
would not be helped at all if the railroad, for the sake question.
of uniformity in rates, ref assd to compete with the attention and growing in interest and importance for
river at all and allowed it to have all the business. Never- years.
Within the last two or three years this has been
theless, the inland town complains
such is the dissatis-' especially the case.
The interest, however, which
The second qualifying
free
;
;
;
;
—
human nature
faction in
voluntarily reduce
all
—because
its
the railroad does not! attached to the foreign policy of the Government kept
business to the level of the
in
it
the Afghanistan difficulty
has been practically settled, and that the Zulu excitement
least profitable portion.
The
Now that
the background,
has somewhat subsided,
third qualifying fact concerns the discrimination
between persons. The pith of complaint is that certain
persons who do the largest business get lower rates
than those who do less. But where does this rule not
hold good ? The poor woman in a city tenement, who
buys her coal by the pailful, pays several times as much
feel that
man does who lays in his season's stock at
one time; the gas or steamboat company pays a less rate
than the householder
and so on.
These differences
often bear with severity, but they are a business necessity.
Whoever buys a thing by the quantity always
expects some discount, and always gets it ; there is not
tion, the
it is
men
are beginning to think
and
time for the statesmanship of the nation to
A
Farmers' Alliance has been
be directed to h-me affairs.
organized; public meetings have been held in London and
the other great centres of population
;
the influence of
the press has been secured; and, as the result of the agita-
House of Commons has approved of a motion
praying Her Majesty to appoint a Royal Commission to
for a ton as the
inquire
;
into the
condition of the agricultural interest,
which the depression is owing, whether
they are of a temporary or of a permanent character,
and how far they are due to or removable by legislation.
an exception to this rule in the whole commercial world.
That good will result from the appointment of such a
The railroad buys all its supplies on the favorable terms commission there can be no manner of doubt, and when
granted to large purchasers; and it is a business impos- the report is made it will be more easy than now to
sibility for it to make no distinction in prices between speak definitely upon the points covered by the inquiry.
its small customer and its large one.
The latter's Meantime there is no mystery about the malady itself
business is the more desirable^ even with concessions in from which the farmer is suffering. It is a simple
Farming has ceased to be
rates, because there is more of it, and also because it visible fact patent to all.
The same rule applies as between profitable in England. The rents are high, and for the
costs relatively less.
many cars unload quite frequently,
and small ones, where a car-load or less is left occasionally.
It is undoubtedly hard to adjust these differences.
Favoritism may grow up; one shipper may pay schedule
rates simply because he is not watchful enough to ask
for concessions; discriminations really "unjust" may be
practiced the details and perplexities of railroad operanot
tion
infinite __
in number
— are almost __
_._„and variety,
^
surpassed by any business in the world. But we under-
the causes to
two or three years, if not for a longer period, the
and the prices low. In fact, farming has not only not been profitable; it has been a losing
business.
According to trustworthy statistics the value
large towns, where
last
yield has been small
of the agricultural produce of the country during the
last three years, even on the best-managed farms, where
in cultivation, has declined not
per cent,, while this year, by realess than twenty-five
4
—
weather, the result promises
unfavorable
son of the very
no money was spared
;
7
!
..
THE CHRONICLE.
56
[Vol. XXIX.
than that of any of its predeces- ^XantUvtis^ommtvcinX ^uglislt
that in such circumstances
wonderful
It is not
sors.
KATES OF EXCHANGE AT LONDON AND ON
and begin to look about
discouraged
be
should
AT LATEST DATES.
fanners
to be
them
less satisfactory
for
some
relief.
probable, however, that in the minds of those
of
most immediately interested there is an exaggeration
its
in
as
to-day,
is
actually
the evil, not so much as it
prospective features, and that the outcry, in consequence,
It
EXCHANGE AT LONDON—
July
is
is unnecessarily
violent.
The gravity
of the situation
OnAmsterdain
:s
Latest
Date.
Rate.
120>4 ®121%
12-2H ®12-3i4
Short.
Amsterdam
Antwerp
mo.-.
y
July
2.V42"*®25-47ia July
•2,25-35
July
25-42>3®25-47i3
20-59 ®20-04
July
20-59 ®20-04
July
20-59 ®20-04
July
23»9®23>4
July
11-80 & 11-85
July
40%®46'8
July
have brought it Hamburg ...
ia to be determined by the causes which
Berlin
about. If the causes are permanent, no language Frankfort
St.Petersb'rg
are
they
Vienna
can exaggerate the calamity ; but if
Madrid
the
with
disappear
temporary the existing distress will
Cadiz
Milan
be
may
complaints
The
causes which gave it birth.
3
in"--.
<*
1
it
. .
tt
«*
tt
M
U
Genoa
Time.
1203
3 Short.
25-27 >2
25-25 >2
3 Short.
u
3
'*
3
1
:;iii".-.
"
M
a
i
20-44 13
20-44 Ha
20-44 >a
2338
11000
47-80
47 ®47>4
27-97Hi®28-02»2 July
27-97>s»28-02»s July
27-97i2®28-02>s July
tt
3mo8.
3
a
•'
n
3
follows—bad yield, excessive competition, Naples
51%®52
July 4 Cuius.
Is. 8d.
Bombay
unsatis.... 00 days
the
as
far
In
so
rents.
high
too
"
low prices and
July i
Is. 8d.
Calcutta ....
July 1 3mos.
factory crops are the result of the weather or other Alexandria
Constan'ple..
July 5 (SO days
York...
unforeseen and therefore unavoidable agencies, the evil New
urn-.
July 3
Hong Kong
"
Julv 3|
must certainly be regarded as transient. The low prices Shanghai
[From our own correspondent.]
also are due not only to the fact that the market is filled
summed up
Kate.
3 Short.
3 Cueq's
Short. 25-25
Paris
Paris
LONDON
EXCHANGE ON LONDON.
4.
Time.
B*ws
**
as
**
.
.
2755
Is. 8*l 6d.
IS. 85 la d.
90=8
1
i;
.
27-55
27-55
4-87
3s. lOSsd.
5s.2i8d.-58.208d.
London, Saturday, July 5, 1879.
with American produce, but also to the other fact that,
Although the weather continues very unfavorable for the
depreslong-continued
of
the
consequence
in
and manufacturing inter- growing crops, the money market is unaffected, and, in fact, insion of the commercial
The creased ease has prevailed. The discount houses have reduced
ests, the British workingman is without money.
far
more trying ordeals than the present with triumphant
If there are rivals it will compete, and if old
success.
fields are lost
it
will seek for
new.
With
the revival of
industry will come back the prosperity of the great mass
%
per cent per annum for
per cent for money left with notice of
withdrawal. In the discount market, also, increased ease has
prevailed, and now that the dividends on the public funds are
about to be distributed, very easy rates of discount are looked
forward to. Dearer money can only be produced by failure
their rates of interest for deposits to
former of these influences is likely to remain, for there is
but one way by which American competition can be got
rid of, and that is by the restoration of a high protective
It is not to be suptariff, which will never be done.
in England
prevailing
posed, however, that the dull trade
farming
the
manufacturing
on
from
the
and which re-acts
vital a
British
industry
is
too
lasting.
to
be
is
classes,
thing to be so easily destroyed. It has come through
money
at call
and to
1
of the crops in this country,
breadstuffs at a
marked
and an augmented demand for
rise in prices.
On
this subject,
much
anxiety begins to prevail. Notwithstanding that this is the 5th
day of July, fires and overcoats are comforts, and the weather
presents a very unsettled appearance. Wheat, which in
the south of England should have bloomed, and should be
showing some indications of approaching maturity, is scarcely
in ear, and under present circumstances it is impossible to say
still
commence. The wheat trade, though firmer,
and an advance of only Is. to 2s. per quarter is recorded, which is very trifling, considering how unfavorthe return of good wages, it is very doubtful if the work- able is the agricultural prospect, and how low is the current
ingman will be contented with the American products. range of prices. Millers still show much indifference about
The wheat and flour may maintain the place they have buying, and seem to be induced to pursue a polity of reserve
owing to the quietness which prevails in the trade in the
won; but it is hard to believe that American meat,
United States, and to the favorable reports which have been
butter or cheese will supplant the domestic articles. published with regard to the supply of wheat which will probaGood will come from the competition. If it is found bly be available for export. As far as this country is concerned,
that the tenant-at-will system does not give the farmer there is certainiy no hope of a good crop, or even of an aversufficient encouragement to spend money in cultivation, age. The area of land under wheat has been reduced, and the
and thus to increase the produce of the soil, legislation season has been most adverse. But, unfortunately, the weather
of the working people; and with the prosperity of the
masses will come back good prices for the farmer. With
may come
to his aid,
by giving him greater
security of
tenure or compensation for his expenditure. It cannot
much longer be a fact to which Englishmen can afford
to be indifferent that, whereas in France and Belgium
the value of the land is steadily increasing the value of
the produce rising in proportion in England land is
—
—
and the produce is decreasing. Sooner
the system of land tenure must yield to the
necessities of the British people.
Meantime we are not
disposed to join in the cry that England, just because
rising in value
or
later
when harvest
exhibits
no
will
activity,
has been generally unfavorable to the agricultural interests.
All cereals, owing to the heavy rains, look weak and sickly,
from which they might recover were the summer weather to
become bright and genial, though, especially in the case of
wheat, a recovery can only be partial. In addition to the
case of cereal produce, no real progress is being made with the
hay crop, while the graziers complain that the grass is too full
of moisture to admit of their stock deriving the full benefits
which are expected from the pasture lands at this period of the
year. It will, therefore, be perceived that the position of agriculturists in this country is very unsatisfactory, and, indeed,
serious. The present will be the fourth consecutive bad sea-
passing through a severe trial, has seen her best son, and it is difficult to see how an increase of agricultural
days and that her decline is inevitable. When her indus- distress is to be avoided. British fanners, in order to compete
with profit against foreign producers, need to have good crops»
tries are reorganized, and some important differences
of sound, marketable quality. This season, unfortunately,
adjusted, her new vigor will be found quite as effective there is but little promise either of quantity or quality.
as her old.
The effect of another bad agricultural season upon our
trade cannot be otherwise than injurious. A curtailment
Of the produce of the soil obviously means a diminution
—We call attention to the Minneapolis & St Louis first in so much wealth or rather, perhaps, a restriction in
mortgage 7 per cent gold bonds, due in 1927, interest
payable the increase of wealth which is the natural result of a
June and December, and the Dubuque & Dakota first mortgage
€ per cent forty-year gold bonds. These bonds are now favorable season. We shall have to purchase larger supplies of
ited quantities by the well-known
house of Mor. food abroad, in order to meet our necessities; but food is a
21
2 Na88* a str eet, New York-the
former necessity for existence, and is not available for reproductive
J?"^ at 95 and
9°Sl /\
bonds
the latter at 102# and accrued interest.
purposes. It is consumed, and continuous replenishments are
she
is
^*
:
Jclt
:
,
.
THE CHRONICLE!
19, 1879.]
On the other hand, a good harvest would increase
our purchasing power and would largely facilitate our home
Deficient crops are calculated, therefore, to check a
trade.
return of the prosperity which has been delayed so long, and
which still seems remote.
This week's Bank return shows changes incidental chiefly to
the close of the half-year. There is an increase, for instance, of
£ 1,600,827 in advances and discounts, but this demand is obviously precautionary, as the larger portion of it reappears
under the head of current accounts, the total of " other deposThe circulation of
its" having been augmented by £1,373,441.
notes has increased as usual at the termination of the half-year;
but the supply of gold is larger by £142,744, which shows that
a small amount of coin has been received from provincial circulation during the week. The proportion of reserve to liabilities is now 55"28 per cent, against 57 73 per cent last week.
The money market closes with a very easy appearance.
During the week there has been a moderate inquiry, partly in
consequence of the close of the half-year and partly owing to
the maturing of inland bills due on the " fourth." The rates
necessary.
-
are
now very
easy, as follows
:
Per ceut.
Bankrato
2
Open-market rates—
30 and 00 days' bills
1 ©Us
3months' bills
1 ®H8
The rates of interest allowed
Open-market rates—
Per cent.
4 months' hank bills
li«®l!>e
6 months' bank bills
1'"h®1%
4 & 6 months' trade bills. 2 @2 1i
by the joint-stock banks for
but the discount houses have lowered
their terms to the extent of X per cent. The following are the
quotations
Per cent.
Joint-stock banks
1
Discount houses at call
%
do
with 7 and 14 days' notice of withdrawal
1
deposits are unaltered
;
A
:
23 per cent, and above in
57
full.
Tenders for
at £99 4s„ will be entertained in full.
ing, therefore, only 16s. per cent per
months,
in payannum for three months'
bills at six
The Government
and £1
12s. per cent per annum for nix months'.
mercantile reports published during the week give a very
sorry account of the state of our commerce. A Manchester
report says " In Home instances, producers, recognizing the
uselessness of selling except at ruinous rates in a market so
bills
The
:
depressed as ours is, are making no effort to offer their good*.
In others, however, a certain amount of pressure is observable."
In the Yorkshire woolen trade, however, rather more business,
has been doing of late, but the markets are now very dull. The
iron trade shows increased depression, and there is every indication of diminished production.
A report from the Cleveland
" The trustee of the estate of Messrs. Hopkins
district says
:
&
Middlesbrough, is blowing out the two furnaces
These, with the two others forming part of
the estate, together with the extensive rail mill and Dank's
furnaces, will shortly be offered for sale by public auction, but
the Tees Engine Works, which are profitable, will be carried
Gilkes
Co.,
which are in
blast.
on. The trustees of Messrs. Lloyd & Co., Middlesbrough, are
having their seven furnaces— four at Middlesbrough and three
at Lackenby— blown out. There are nine furnaces in this
estate, all of which it is expected, will be offered for sale shortly.
The West Hunwick
Colliery, Brick Works and Coke Ovens,
near Bishop Auckland, were put up by public auction on Tuesday, but no bid was made.
Messrs. Lloyd & Co. gave £2,500
for them.^
They were established in 1873 by the Lackenby
Iron Company, which failed a few years ago, at a cost of
£20,000."
The last reports sent in from the various branches of the
a statement showing the present position of the Amalgamated Society of Engineers complain, almost withont
Bank of England, the Bank rate of discount, the price of con- exception, of bad trade. Large numbers of men are out of
sols, the average quotation for English wheat, the price of employment, and the reports from the masters are that they
Middling Upland cotton, of No. 40 mule twist, fair second quality, find no difficulty in filling up any vacant places, the applications
and the Bankers' Clearing House Return, compared with the for work being far in exess of the number of men required.
The result of recent strikes does not afford much encouragethree previous years
ment to the men in resisting. In one of these that of the
1879.
1878.
1877.
1876.
Circulation, ineluding
S.
&
&
&
moulders in the Liverpool and Birkenhead districts the men,
bank post bills
29,829,964 28,785.710 29,000,519 28,712.133
Public deposits
7,279,300
7,539,039
5,727,084
8,7(id,333 after a struggle entending over fifteen weeks, resumed work
Other deposits
29,957,815 21,546,145 24,894.691 22,270,982
Governm't securities. 14,480.146 15,970,144 14,989,321 15,399,795 last week at a reduction in wages varying from 2s. to 3s. per
Other securities
20,024.891 22,004.835 20,429,201 15,399,705 week. In connection with this strike it may be interesting
to
Ees've of notes & coin 20,749,404
9,081,692 13,174,000 16,781,842
Coin and bullion in
give a few particulars which will illustrate the disastrous effects
both departments
35,286,269 22,603,217 26,948,340 30,190,692
which these struggles and the present condition of trade are
Proportion of reserve
55-28
to liabilities
42-68
3094
520S having upon some of the workmen's unions.
At the close of
Bank rate
2 p. c.
c.
3 "a p.
2 p. 0.
2*<i p. c.
Consols
95 's
98
9378 1877 the funds of the Moulders' Society amounted to over
941a
Enj.'. wheat, av. price.
42s. 6d.
46«. Id.
62s. 6d.
48s. lOd.
6i3, 6 d.
Mid. Upland cotton...
6l!»d. £63,000, and at the close of November, 1878, they were declared
63,„d.
6 5 ied.
No. 40 mule twist
9%d.
913d.
10 "sd.
lid. to be £42,170
at the end of April last they had fallen to
Clearing-HousereturnllS, 564,000 131,379,000 125,782.000 121.843.000
The following are the current rate3 of discount at the prin- £19,493, and at the end of May to £14,641 so that during six
months up to the end of May there had been a loss to the funds
cipal foreign markets
of no less than £27,529, or on an average £4,588 per month.
Bank
Open
Bank
Open
With regard to the effect of the state of trade, as shown by the
rate.
market.
rate.
market.
Fr. ct.
Pr. ct.
Pr. ct.
Fr. ct.
number of men out of work, it may be stated that 3,781 memParis
2
1=8®1 78 St. Petersburg
5
4 ®4Ja
Brussels
l 7s®2 1 s Vienna & Trieste.
2^
4>3
4 4®4l8 bers were reported on donation, 281 on sick list, and 27© on
Amsterdam
313
ZHTi'SH Madrid, Cadiz &
superannuation making a total of 4,332 members, out of a
Berlin
3
2»8®2'8
Barcelona
4
4 -2-5
Hamburg
3
2k>®2% Lisbon & Oporto.
5 @6
gross
membership of 12,207 persons, drawing relief.
Frankfort
3
23s®2% New York
3>2®5
2S8®2 78 Calcutta
Leipzig
3
The traffic returns of those railway companies which make
6
1
1
Genoa
4
3 'aiZH Copenhagen
4 •3>4 3 4 '®4 fl up their accounts to June 30, viz., all the principal English
Geneva
3
3
There has been no demand for gold for export, but the arriv- lines except the Great Western, have now been published, and
als have been small, and, consequently, very little has been sent it is possible to form an estimate of the forthcoming dividends.
into the Bank. For silver there has been an improved inquiry For one short period in the course of the past six months the
on higher terms, and Mexican dollars have also realized en- receipts showed signs of improvement, but this was soon lost,
hanced quotations. The following prices of bullion are from owing to the exceptional weather experienced. On the whole,
dividends will show a reduction, and in some instances there
the circular of Messrs. Pixley & Abell
It is not probable that the workgold
will be a decided falling off.
s.
d.
d.
s.
Bar gold, fine
per oz. standard. 77 9 ®
ing expenses have, as a rule, been reduced to the same extent
Bar gold, rctiuahlc
per oz. standard. 77 10*2®
Spanish doubloons
as they were last year, while at the same time the fixed charges
per oz. 73 9 ®
South American doubloons
peroz. 73 8>2®
are known to have increased rapidly. With regard to the pasUnited States gold coin
peroz. 76 3>a3i
German gold coin
peroz. 76 3*4®
senger lines a reduction of 1 per cent is expected in the dissilver.
d.
d.
tributions of the London & Brighton and South Eastern comAnnexed
is
—
.
—
.
;
;
:
. .
1
;
Bar silver, fine
Bar silver, i-ontain'g 5
Mexican dollars
per
grs.
gold
standard, nearest. 52^
peroz. standard. 52>«
per oz. last price. 51>s
peroz. 52
Discount, 3 per cent.
oz.
®
®
®
®
....
....
panies, that being the
minimum
in the case of the
former.
on Wednesday,
The London Chatham & Dover, however, which has not suffered
to the same eatent as the other Southern lines, will probably
maintain its dividend, while the two Metropolitan lines may pay
passed off satisfactorily The amount offered was £300,000.
Applications at Is. 7 15-lGd. per rupee received about 38 per
cent, and above that price in full.
Tenders were received at the Bank of England yesterday for
£1,385,000 in Treasury bills. The amounts allotted were In
bills at three months. £870,000 ; in bills at six months, £515,000.
Tenders for bills at three months, at £99 16s., will receive about
per cent.
Respecting the so-called heavy lines, viz., with a large goods
and mineral traffic, there are only three cases in which an
improvement has been established, and those are the Great
Northern, Great Eastern, and Midland; but the latter is so
slight, considering the extent of the system, that it is not
probable the dividend will be improved. In the case of the
Chilian dollars
Quicksilver, £6.
The
periodical sale of bills on India, held
:
an increased
%
1
THE CHRONICLE.
58
but, at
Great Northern the receipts show a, decided increase,
larger, and
the same time, the mileage under working is much
better
the fixed charges have swollen considerably, so that a
however,
dividend is not at all certain. The Great Eastern,
per cent per
will probably be in a position to distribute %
annum, this being the first time such a thing has been possible
period. The
first half of the year for a considerable
prospects of the Lancashire & Yorkshire are far from favorreduce
able, and as, during 1878, this company was unable to
may
reduction
severe
further
extent,
a
large
to
any
its expenses
in the
be anticipated. The North Western's distribution will probably
per cent worse, while the North Eastern's must also be
be
decidedly lower. The latter, with a reduction of over £300,000
in the gross receipts—equal to more than 3 per cent ordinary
dividend— might be thought unable to pay a satisfactory dividend, but as this company has hitherto reduced its
expenses to so great an extent, a similar saving is now looked
%
forward too. Still, with the utmost efforts, 5 per cent would
seem to be the maximum. A redaction will also take place in
&
a small falling
off in the receipts affecting in a material degree the ordinary
dividend, owing to the limited amount of the stock. Annexed
the distribution on the Manchester
Sheffield,
are figures showing the increase or decrease of traffic receipts
during the past half-year, the estimated increase in the fixed
charges since the corresponding period of 1878, and also the
amonnts required to pay 1 per cent per annum ordinary divi-
dend
Divi-
New cap. Income or
dend
exp'd in cap'l for
half-year
past
1878.
at 4 per ct.
fear.
nil.
390,000
7,800
Eastern
Qreat
l,26(i,000 25,320
4
Great Northern
Lancashire & Yorkshire. 4Si 1,387,000 27,740
4*4
572,000 11,440
London .t Brighton
in
3H
i\
L.C. <fc Dover
North Western
South Western
Manch. & Sheffield
6
1*4
Metropolitan
Metropolitan District
5
Midland
North Eastern
SouthEastern
5
6
4
%
2,452,000
291.000
639,000
232,000
49,040
5,820
12.780
4,640
Inc. or
dccrerse
of re-
Amount
ceipts.
per
51.600
53,000
70,500
34.300
117.000
156,000
44,400
27,500
21,200
11,100
104,200
98,000
40,900
+30.601
+52,833
—91,640
—33,885
—18,395
-135,961
—26,733
+85
+3,741
2,000,000
820,000
325,000
40,000
16,520
6,500
+ 11,645
-303,155
—46,78
req.'d to
pay
1
cent.
The dividends of most of the leading metropolitan joint-stock
banks have now been declared, and they are on the whole of a
satisfactory character. The Union of London pays only 12^2
per cent, instead of 15 per cent as in 1878, but, with this exception, the distributions have been maintained.
The London
Joint Stock pays the usual dividend at the rate of 15 per cent
per annum, adds the usual 3 per cent interest to the guarantee
fund, and carries forward a substantial balance. The dividend
of the London & Westminster will be at the same rate, viz.,
14 per cent, but only £30,000, as against £60,000, is added to
the " rest," or reserve fund, which, nevertheless, amounts now
to no less than £1,008,000. Among the secondary institutions,
the City, Imperial and North Western have all declared the
same dividends, and the same may be said of. the principal discount establishment the National Discount, which distributes,
as before, 12 per cent. With regard to the provincial banks, it
may be noticed that the North and South Wales has declared
a dividend at the rate of 11% per cent, the Manchester and
County, 15 per cent; the Lancashire and Yorkshire. 8 per cent,
and the Liverpool Commercial, 10 per cent, all being without
change when compared with the first half of 1878.
The Anglo-American Food Supply, General Stores, and Trading Company (Limited), with a capital of £150,000 in 100,000
—
10s. each, invites application for 50,000 shares.
The object of this undertaking is to establish stores in London
and the leading provincial centres, where a good supply of the
principal products of America,
always on hand.
Canada and the colonies
will
be
I
Vol. XXIX.
country on a sounder basis; but the latest news from Zululand
does not hold out very great hopes of a speedy termination of
hostilities.
Perhaps under Sir Garnet Wolsesley's direction,
our forces will bring on a decisive conflict. In the revenue
statement for the year, the principal feature is an increase of
£2,570,000 in the receipts from property and income tax, the
Mr.
total being £8,341,000, against £5,771,000 in 1877-8.
Gladstone proposed to abolish this tax, which to Sir Stafford
Northcote is very useful. Possibly, however, the ex-Premier
only intended to hold it in reserve as a war tax, for which
purpose it was originally instituted. The following is the statement of revenue for various periods:
Year ended
Quarters ended.
Dec. 31, March 31, June 30,
June 30,
Sept. 30,
.
Customs
1878.
1878.
£
£
1S79.
£
1879.
1879.
£
&
4,626,000 5,484,000 5,279,000 4,627,000 20,016,000
5.508,000 6,990,000 8,327,000 6,250,000 27,075,000
2,532,000 2,628,000 2,849,000 2,915,000 10,924,000
Exoise
Stamps
Land tax and
115,000
20,000
566,000
Postofflce
1,513,000
Tel'gh seivice.
370,000
Crown lands..
82,000
Int. onadvan's
206,189
440,000
1,554,000
325,000
141,000
383,151
Miscellaneous. 1,190,338
1,098,411
hou8eduty..
Property and
income tax..
2,033,000
480,000 2,654,000
6,770,000 1,565,000
1,514,000 1,645,000
300,000
340,000
80,000
104,000
205,578
322,807
697,243
1,108,610
8,341,000
6,256,000
1,335,000
407,000
1,117,725
4,094,602
16,708,527 19,069,562 28,520,188 18,922,050 83,220,327
Totals
Sept 30,
1877.
&
Customs
:
shares of £1.
-
.
Excise
Stamps
—Dec.
Quarters ended.
March
31,
1877.
a,
31,
1878.
£.
,
June
30,
1878.
£
Year ended
June 30,
1878.
£
4,927,000 20,111,000
6,575,000 27,276,000
2,661,000 10,791,000
4,670,000
5,547,000
2,564,000
5,386,000
6,855,000
2,735,000
5.128,000
8,299,000
2,831,000
128,000
46,000
1,968,000
546,000
2,688,000
4,091,000
1,484,000
295,000
104,000
141,000
161,069
337,310
613,884 1,527,186
934,000
1,029,000
340,000
83,000
296,833
825,862
5,771,000
6,185,000
1,310,000
410,000
976,659
4,195,467
Laud tax and
house duty
Property and
.
in come tax..
404,000
342,000
Post office
1,4»5,000
Tel'gh service.
355.000
1,577,000
320,000
Crown
lands..
82,000
Int. on advan's
181,447
Miscellaneous. 1,198,535
Totals
..
..16,624,982 18,383,194 25,888,255 18,817,695 79,714,126
A special
meeting was held on Monday of the shareholders of
the Grand Trunk Railway of Canada, Sir Henry W. Tyler, the
President, in the chair. The meeting was convened for the
purpose of submitting an Act for the acquisition by the Dominion of a portion of the company's undertaking to be made part
of the Inter-colonial Railway. The purchase money, the Act
provided, should not exceed $1,500,000; a sum not exceeding
$375,000 might be expended in repairing the line purchased and
relaying it with steel rails, and a further sum, not exceeding
$255,000 to defray the expense of operating it during the year
ending June 30, 1880. The Chairman, in submitting the Act
and resolutions approving it, said that he, Sir Charles Young,
and Mr. Heygate, M. P., had been to Canada since the last
general meeting, and the negotiations for the purchase of this
part of the undertaking had at last been brought to a point.
He strongly recommended the acceptance of the proposal. The
motion having been seconded, a discussion followed, and an
amendment was proposed. The President, in reply, said he
agreed that the price was low, but they could obtain no more.
The money they were to receive from the Dominion Government
(£310,000) would be devoted to getting them an extension from
The importance of their getting
Port Huron to Chicago.
Western connections was very great; and without this money
from the Dominion Government they could not have attempted
the plan he had indicated. The amendment was not pressed,
and the motion was adopted. A vote of thanks to the chairman
and the directors closed the meeting.
Mr. Ernest Seyd, F. S. S., has published an analysis of the
failures which have taken place in the United Kingdom during
the past six months, and it will occasion no surprise if the
statement compares unfavorably with previous years, the total
number of failures being 8,990, of which 1,553 are in the financial, wholesale and manufacturing branches of trade, and 7,437
in retail trade and professional pursuits, or among builders,
publicans and the working classes. The largest number of
insolvencies in wholesale departments of business for the six
months occurred in January, when 300 firm3 succumbed, and the
The close of the quarter and of the half-year has led to the
appearance of the revenue statement, which, although not
altogether satisfactory, is not discouraging.
Customs and
excise show unfavorable results, there being a decrease in the
former for the past quarter, compared with 1878, of £300,000,
and in the latter of £325,000. The receipts from income-tax,
however, have been augmented by £631,000; but there is a smallest number in June, when the list included 170. The.
falling off in those from land tax and house duty. An adverse heaviest month for retail houses was February, when 1,320
feature is a reduction of £128,619 under the head of miscellane- failed, and the lighest June, when the number was 1,004. The
ous. The quarter's revenue amounted, however, to £18,922,050, collapses in the wholesale trades rose to 1,553 for the first six
against £18,817,695 last year. The increase is small, but, in months of 1879, against 2,643 for the whole of 1878, and 2,172
addition to this, there is the important fact that our expendi- for the whole of 1877. Of the class who failed under this head
ture has been very largely curtailed of late. Were it not
for in the half-year, 315 carried on business in London, against 566
the heavy expenditure connected with the Zulu war, the Gov- in the whole of 1878, and 456 in the whole of 1877; 55 in Liverernment would be in a position to place the finances of the pool, against a total of 92 for the twelvemonth of last year, and
:
July
THE CHRONICLE.
10, 1879.]
81 for the whole of 1877; 107 in Manchester, against 187 and
144 respectively; in Yorkshire, not including Middlesborough,
263, against 408 and 324; in Birmingham and the Midland
iron district 120, against 216 and 189; in Newcastle, Middlesborough, Hull, and district, 59, against 152 and 129; in the
provinces 332, against 561 and 457; in Scotland 133, against 232
and 139; and in Ireland 15, against 32 and 33. Should the
aggregate failures in the next six months equal the number for
the half-year now closed, it follows that there would be an excess
for the whole of 1879 of 463 over 1878, and of 934 over 1877.
months subscriptions have been effected
new capital to the extent of £27,595,000,
against £18,811,000 in the same period of last year, while those
During the past
six
in Great Britain for
which foreign countries have participated have been £4,273,The money payments during the halfyear have amounted to £20,306,000 by Great Britain alone,
against £16,343,000 in 1878, while those which have been partly
provided for abroad have amounted to £8,688,000, as compared
in
000, against £8,080,000.
with £4,889,000.
59
Liverpool ProtUiont Market.—
Mon.
Sat.
d.
».
Port, West. mess $) bbl.4«
Bacon, long dear, cwt. .26
" ..27
Short clear
Beef, pr. mess, $1 tierce
I.anl. prime Went. f)cwt.32
Cheese. Am. ch. new •• 31
.
».
O
O
.
Tups.
</.
».
O
26 O
O
31
31
o
».
46
9
:ii
(l
33
31
33
26
'
Wert.
(I.
46 O
20 O
26 6
411
'
11
a
rf.
25
26
6
6
Tlium.
».
Fri.
rf.
46
is
26
6
31
b
34
O
to
28
20
6
31
31
CEammeycial autt3#isciHaucgttg #cms.
Imports and Exports for the Week.—The import* of last
week, compared with those of the preceding week, show
an Increase in dry goods and a decrease 111 general merchandise
The total import* were $4,741,393, against $4,966,610 the preceding week and $5,319,994 two weeks previous. The exports
for the week ended July 15 amounted to $5,878,670, against
$5,646,576 last week and $6,273,083 the previous week. The
following are the imports at New York for the week ending
(for dry goods) July 10 and for the week ending (for general
merchandise) July 11:
FOREIGN IMI-ORTS AT NEW VOMC FOR THE WEEK.
1878.
1879.
. 1877.
_ Goods
„ ,
^ 187(i
Dry
$911,530
$1,296,131
$960,105
$1,301830
General iudso...
4,400,054
5,468,261
3,154,941
3,436 557
Total week
$5,371,581
$6,764,395
$1,115,046
$4,741,393
-
The wheat trade during the week has been decidedly firm,
and bad weather has caused no excitement. The better quali- Prev. reported. 159,523,757 176,594,010 148,722,827 158,509,213
ties show a rise in price of about Is. to, in some instances, 2s. Tot. s'ce Jan. 1.. $164,895,311 $183,353,435 $152,837,873 $ 103,250,030
In our report of the dry goods trade will be found the import*
per quarter but this applies more to the inland markets, which
of dry goods for one week later.
are unaffected to some extent by foreign supplies.
The following is a statement of the exports (exclusive of
During the week ended June 28, the sales of home-grown specie) from the port of New York to foreign
ports for the
in
the
150
principal
markets
of
England
wheat
and Wales week ending July 15:
exports from sew tork for the week.
amounted to 36,280 quarters, against 23.909 quarters last year;
1876.
1877.
1878.
1879.
and it is estimated that in the whole kingdom they were 145,120 For the week....
;
$7,170,896
quarters, against 95,700 quarters in 1878.
Since harvest the
markets have been 2,266,040 quarters, against 1,736,200 quarters, while in the whole kingdom
it is computed that they have been 9,064,160 quarters, against,
6,944,800 quarters in the corresponding period of last season.
Without reckoning the supplies furnished ex-granary at the
commencement of each season, it is computed that the following
quantities of wheat and flour have been placed upon the British
markets since harvest:
sales in the 150
principal
1877-8.
187(5-7.
1875-6.
47,584,408
7,202,709
35,443.754
5,084,530
44,517,329
5,325,377
1S78-9.
Imports of wheat. cwt.40,478,028
Imports of flour
7,507,035
Soles of hoine-grown
produce
39,277,850
Total
30,588,000
32,282,500
33,295,300
85,375,237
73,590,784
83,138,000
1,583,383
1,516,083
773,036
840,532
85,740,080
83,858,554
72,817,088
82,297,474
87,323,403
Deduct
exports
wheat and flour
of
Result
Av'ge price of English
wheat for tlie season.
40s. 7d.
50s. lid.
52e. lid.
45s. lid.
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the 1st of September to the close of last week, compared
with the corresponding period in the three previous years
IMPOKTS.
1878-9.
Wheat
Barley
Oats
Peas
Beans
Indian corn
Flour
Wheat
1876-7.
47,584,468
1878-9.
cwt. 1,162,747
1877-8.
14359
422,845
120.030
210.099
75,912
105.017
89,301
19,008
com
733,265
48,377
84,477
22,080
27,109
444,500
39,831
Sat.
Mon. Toes.
Frl.
Wed. Thurs.
July la.July 14. July 15.July 10. July 17.July 18.
51^4
5113,« 51%
5Hii6
Si =1*
513i
97 15 ib 971 in B7l»i« 9715,
9715,6 B71»i«
U.8.4sofl907
Erie, common stoetc
100
lOOis
10878
10413
108T8
1043a
28'g
90>4
28 U
:
Illinois Ceutral
893i
41%
Pennsylvania
41
Philadelphia* Reading. 20
—
971"'
10
l»7»°ie
109
104"8
X105I4
109»8
10434
283s
28%
901.3
90
loc.'i
41
19 'g
1934
97i5,o
105%
IO914
10434
28ia
9034
4116
'
Flour (ex. State) $bbl.. 3 6
Wheat. spr'g,No.2,1001b. 8 10
spring. Ho, 3...
Wintcr.West.,11.
"
"
Southern, new .
Av.Cal. white..
"
"
710
9
9
9
9
California club.
"
Corn, mix. sft,old,$?cent'l 4
Prime, new
"
4
Mon.
*.
(I.
23
Tues.
«.
d.
24
8 10
7 10
5
8
8
2
2
6
5
6
5
-»2
2i.j
Wed.
*.
d.
1934
Thurs.
«.
20"
12— Str. General
24
811
811
8
8
8
4
4 Sia
5
5
B
9
3
8
3
8
5
SH
$7,500
silv. dols.
Peruv.
Wcrder.. London
soles
167
silv. dols.
Am. silv. bars.
Mex. silv. bars.
Mex. silv. dols.
1,561
90.000
17,557
5,500
sil.
.
Total for the week ($122,285 silver, and
-gold)...
$122,285
Previously reported ($9,261,475 silver, and $1,932,619 gold). 11,194,094
and $1,932,619 gold).$l 1.316,379
specie at this port for the same periods have
Tot. since Jan.1,'79 ($9,383,760 silver,
The imports of
been as follows:
July.
7—Schr. E. L. Leonard.. Mayaguez
Trade dols
$3,500
Am. gold
7— Str.
Gen. Werder
7—Str. Andes
Bremen
160
Trade dols
133,696
651
Aspin wall
Trade dols
700
600
Foreign silver.
Am. gold
8—Brig Tula
9— Str. Bahama
Trinidad
Gibora
Winterton.Jeremie
Liverpool
Seythia
11— .Str.
820
12,093
321
Gold bars
10— Schr. Como
11— Sclir.
1,165
Am. silver
Am. gold
Belize
3,500
2,055
Am.
Am.
silver
silver
Silver bullion..
8. T.
Total for tho week ($159,057 silver, and $5,960 gold)
Previously reported ($1,845,603 silver, and $08e,862 gold)
..
450
312
$165,023
5,531,470
and $091,928 gold). $5,699,493
5
3*8
I1HIH8 AND FINANCIAL.
OFFICE OF
F1SK
Sl
HATCH,
BANKERS, AND DEALERS IN GOVERNMENT SECURITIES,
No. 5
NASSAU STREET,
New
York, July
7,
1879.
The sure place
for the savings of the people, for trust funds, forcstatos
for all those desiring perfect security and a certain income, is in the
Bonds of the Government. Wo buy aud sell all Issues of United States
bonds, including the popular Four per cents. We pay especial attention
for
immediate delivery.
We also pay
especial attention to purchases of all flrSt-clnss Investment
bonds and stocks on commission at the Stock Exchange. Our office is
who may
desire to consult flics of quotatheir investments.
Holders of Five-Twenties, of cither issue, and of Tex-Forti es,
been called in for
should take notice that all THRIB bonus
ki tn.MiTiON, that tho Five-Twenties have all ceased to draw interest,
freo to all intending investors
and obtain information before making
[y
Fri.
8 11
5
9
3
8
5
1879:
Mcx.
Mex.
tions
8 11
9
9
8— Str. Montana
Liverpool
8— Str. Santo Domingo.. Porto Plata
hand
281^
90ia
d.
24 O
24
1,
July.
104%
8
9
comparison of the total since January
1053s
10914
9713, 6
Literpool Cotton Market. See special report on cotton.
Liverjiool Breadstuff* Market.—
Sat.
d.
$144,122,877 $182,575,638 $169,778,614
to the refunding of the called Five-Twenty and Ten-Forty Bonds. A.
complete assortment of the different denominations of the Four per
cents, which are issued in 50s, 100s, 500s, 1,000s, coupon form, and, in
addition, in 5,000s, 10,000s, 20,000s, 50,000a registered, constantly on
:i
9713,«
$5,878,670
103,399,944
The following will show the exports of specie from the port
of New York for the week ending July 12, 1879, and also a
815,955
23,156
337,713
34.556
S.344
47.527
25,792
d.
9715,(1
$5,413,092
177,162,596
1875-6.
BojdlMI Market Keports-Per Cable.
The daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
fsondon Money and Sto~k Market.—The bullion in the Bank
of England has increased £217,000 during the week.
Silver.peroz
Consols for iiionev
Consols for account
U. 8. 5sof 1881
U. 8.4138 of 1891
Tot. s'ce Jan. 1.. $133,120,024
Tot. since Jan. 1, '79 ($5,001,665 silver,
1876-7.
1,440,711
54.131
9S.751
18,743
19,028
Bailey
Oats
1875-6.
35,443,754 44,517,329
11,591,928
7,500.935
9,347,135
9,492,-53
1,139.957
1,297. (HO
3,941,163
3,302.007
28,933,597 22,193,400
5,804,530
5,325,377
U.KU7.H5S
10,030,125
1,503,088
2,575,259
29,724,543
7,507,o:r>
7.202,709
EXPORTS.
Peas
Beans
Indian
Blour
1877-8.
OWt.40,478,028
9.2S3.372
9,450.944
1,443,202
1,422,205
30,210,532
$5,151,417
138,968,430
Prev. reported.. 130,949,128
hue
and that the interest on the last of the Ten-Forties will cease on the 21st
day of the present month. As they will lose interest on their money by
holding their called bonds that are past duo any longer, aud as those
not yet due can be now disposed of as advantageously as at maturity,
holders will And it to their interest to make their exchanges and reinvestments at once.
FISK & HATCH.
.
:
THE CHRONICLE
60
[Vol. XXIX.
Closing prices at the N. Y. Board have been as follows:
Interest
Periods.
National Banks organized during the past week.
No
1880
(is, 1880
6s, 1881
(is, 1881
5s, 1881
5s, 1881
4%s, 1891
4>ss. 1891
4s, 1907
4s, 1907
DIVIDENDS.
Tie
following dividends have recently been announced:
When
IVr
Kame of Company.
Payable.!
Cent.
Books Closed.
(Days inclusive.)
coup. J.
reg. J.
&
Mo. Hirer, in Neb..
Detroit Lanstag & No. prof.
Illinois Ceu trul
ituri.
(guar.)
..
Banks.
Insurance.
Irving
22 to July 31
per cent scrip of
l'hila.
&
each
18,
1879—5 P. M.
Co., of London, of the total balance of the 4 per cent loan,
last of the
But
U.
July
17.
18.
104% 104% 104% 104% 104% 104%
104%«104% 104% •101% •104%
102% •102% 102% 102% 102 '8
104 14
103% 103% 103?n 104
105% •105% 105% •105% •105%
106 '105%
106
105% 106
101% •101% 102
101% 101% 102
•122
•122
•122
12234
*122
122
122
122
122
122
J
j
j.
j.
122
122
'122
123
124
104%
103
104%
105%
106
102 >4
102
102
•122
•102
102
•122
•1221a
•12214
•122% 122U
•122% 122%
*122%|
122% 122%
1021s
122
*123i4l 123
,123
no sale was made at the Board.
4s, lS07....cp
6a, cur'ncy.reg
* Tills
Four per cents
at
Highest.
1,
1879.
Coupon.
Registered.
x04%July 11 107% June 23 $203,311,900 $79,421,150
May
4,296,150
2,851,450
13,056,950
7,046,600
42,145,800
96,279,350
204,938,400 243,501,950
8 1,0*9.250
165,910,750
419,280,500 •247,749,400
64,623,512
107% Jan. 15
Met. 21 108
May
21
May
31
103% May 21
x99
Apr.
119% Jan.
128
amount does not include $12,818,210
outstaudiug on July
of
Refunding Certiilcates
1.
Closing prices of securities in London for three weeks past and
1, 1879, were as follows:
the range since Jan.
Range
July July July
11.
3.
a
premium of nearly 2 per cent above par, we have witnessed the
Amount July
since Jan. 1, 1879.
est.
in addition to the sale
S.
July
16.
January 1, 1879, and the amount
bonds outstanding July 1, 1879, were as
of
6s,5-20s,'68.cp.
5s, 10-40s.. .cp.
5s, 1881.... cp. .\-03i2
li-js. 1891.. op. 104
some
cent— this being the whole amount
the $ 121,000,000 for which the syndicate
last.
;
July
15.
in prices since
class
6s, 1 880-1.. cp.
(is,5-208,'67.op.
Read. RR. Co.
$12,100,000, at 101 J per
London account of the
The range
Low
Financial Situation.— The
The
present week has been an eventful one in government bond matMorgan &
It has recorded the closing out to Messrs. J. S.
ters.
for
the price bid
Range
I
FRIDAY, JUI.Y
subscribed on the 17th of April
is
July
14.
follows:
money market and
remaining unsold of
TUis
of
*$1 40 August 6
August e
70 cts.
com
•
On dem.
On dem.
10
Bchnylkill Nav., pref
in six
1 July
16
12
On dem
On dem.
::'•-•
iUlsrellaneoas.
Payable
9'
1 Aug. 14 to Sept. 8
August 1 July 22 to Aug. 1
August 1 July 22 to Aug. 1
5
5
I'ueulx (Brooklyn)
Relief Fire
Republic Fire
WlUlaiindmrgli Fire
*
Sept.
3>s July
3% July
American Fire
do
3
8
$2
&
2
&
&
July
12.
'101% '104% 1041s *ioi% 101%*104%
"104% *104ie *104% «104i8 104%*104%
& J
189 5.. reg. J.
1896. .reg. J.
1897.. reg. j.
1898. .reg. j.
1899. .reg. j.
cur'oy,
cur'cy,
(is, cur'cy,
(is, cur'cy,
6s, cur'cy,
(is,
July 22 to Aug,
1
-h August
Gcnnan-Ainerleau
do
August
3% AiiKii.it
I'nuiiiii (qiinr.)
Republican Valley
$2
J.
J.
J.
J.
coup. J.
reg. Q.-Feb.
Feb.
coup.
-Mar.
reg) a-M
coup. 4-M
reg. Q.-Jnu.
coup. Q.-Jan.
(is,
Railroads.
&
&
&
&
reg. J.
On,
July
U.S. 5s of 1881...
IO6I4 106
4%sof 1891.
108% 109
U.
S.
18.
since Jan.
1,
1879.
Highest.
Lowest.
July 16 109% Jan. 4
109% 106% Men. 24 110 May 2
Men. 26 105% May 22
x053s x05
10412 104%ll04%il01
U.S. 4s of 1907...
unprecedented transaction of the settlement for no less than
—
State and Railroad Bondt. Louisiana State bonds hav^
been weak again, and to-day's dispatches from New Orleans state
of ten- forties matures this day (July 18). There has been no disthat a new bond, bearing only 2 per cent interest for same years,
turbance in financial circles, the settlements have been quietly is the latest proposition made by the convention.
effected, and a new chapter of some importance has been added
The yellow fever apprehension about Memphis affects unfavorto the financial history of the United States.
ably some of the bonds of railroads in that vicinity, but, aside
The money market has worked very easily and on call loans from this influence, railroad bonds are very strong, and with the
the rates are about 2J@3i per cent, according to the collaterals. large investment demand now pressing on the market, the
Prime commercial paper sells readily at 3i@4J per cent, according tendency is towards higher figures.
to the time it has to run.
The following securities were sold at auction
The Bank of England weekly statement on Thursday showed
Bonds.
Shares.
$7,000 New Jersey & New
a gain of £217,000 in specie, and the percentage of reserve was 60 N. Y. Equitable Insurance.182
York
1st mort. 7s,
.174
RR.
Insurance.
Fire
8 Gormania
against 54 11-16 per cent the previous week. The discount
of bonds falling
$ 160,000,000
due in a single
call,
as that amount
55},
rate
remains unchanged at 2 per cent.
showed
The Bank
of France
a loss of 11,650,000 francs for the week.
statement of the New York City Clearing-House banks,
issued July 12, showed an increase of $508,825 in the excess
The
gold, due 1892; Sept.,
1876, coupons on
2
2,000 2d Ave. RR. consolidated 7s, due 1888. .. 70
10 Lafayette Fire Insurance. .120
12 Manhattan Gaslight Co. ..146%
30 Joseph Dixou Crucible Co.
74
of Jersey City
.
last
above their 25 per cent legal reserve, the whole of such excess
being $10,941,200, against $10,432,375 the previous week.
The following table shows the changes from the previous week
and a comparison with the two preceding years.
1879.
July 12.
Differ'nces fr'in
previous week.
1878.
July 13.
1=*77.
July 14.
loans and (lis. $262,951,900 Inc .$5,869,400 $234,120,100 $252,452,700
19.971.500
20.509.900
24l.32M.800
51,301,900
Bpecie
Circulation ..
Net deposits
Legal tenders
.
81,900
33,000
Inc. 5,321,500
Inc. 1,757,300
Inc
Deo.
22,048.600
19,522,100
217,411,500
55,556,300
18,887,800
15,668,400
229,088,300
58,809,200
Closing prices of leading State bonds for two weeks past, and
1, 1879, have been as follows:
the range since Jan.
States.
do
»
This
is
July
11.
18.
x44ia
Louisiana consols
Missouri 6s, '89 or '90
North Carolina 6s, old
Tennessee 6s, old
Virginia 6s, consol
District of
July
2d series.
do
Columbia 3-65s.
;
no
since Jan. 1, 1879.
Lowest.
Highest.
43% 38% June 2 69
Jan.
106% 105% 103% Men. 5 107% June
•25
•21% 18 Feb. 8 25% June
33% •33% 33% July 11 42 Feb.
•78
•78
73% June 20 73% June
41% Apr. 29 44 Men.
.
the price bid
•
Range
sale
87%
79% Jan.
88
was made
3
88% May
6
10
14
13
20
28
23
at the Board.
Railroad and miscellaneous Stocks.— The stock market
United States Bond*.— There has been an active business has shown increasing strength, and closes decidedly buoyant, at
in government bonds led by the transaction above referred to, in much higher prices than a week ago.
There is the appearance
which all the balance of the 4 per cents have been sold for Lon- of a decided bull movement in the leading speculative stocks,
don account. So far as that market is concerned, the sale of and the Northwests and St. Pauls, the Vanderbilt Western
$12,000,000 to such a firm as J. S. Morgan & Co. is more likely stocks. Lake Shore and Michigan Central, as well as Hannibal &
to operate as a stimulus to the English demand than as a satis- St. Joseph and some others, have been conspicuous for their
faction of
it,
and the probability increases that bonds will have
New York to meet the growing demand in
to be purchased in
London.
With next Monday
activity
and higher
prices.
It is
well
known
that the present
influences of the market, including the great ease in money, are
favorable to high prices for stocks, and, added to this, are the
the last of the ten-forties cease to
and it will be impossible to tell for a few days reports of a large, or certainly very fair, yield of cereal crops this
how many bonds are yet to come in and be paid off, against season, with a known increase in the acres of land under cultivawhich there are no new 4 per cents to be issued, and the proceeds of tion. These circumstances, with the generally buoyant tone in
which must therefore be placed by their holders in other invest- financial circles, and the final closing out of the 4 per cent loan to
ments. According to a Washington dispatch, the Treasury has eager buyers in London, all contribute to help on the movement,
purchased $315,000 in five per cent bonds, to be applied to the and at the Stock Exchange to-day the market presented all the
Pacific Railroad sinking fund. Purchases will continue to be indications of an active bull speculition.
The low-priced stocka
made monthly to the amount of government transportation.
have shared in the general strength and activity.
draw
interest,
.,
Joly
The
.:
..
.
THE CHRONICLE
19, 1«79.J
Saturday, Monday, Tuesday, Wcdnes., Thursd'y
July
12.
11.
Canada South
do
15.
July
July
16.
Friday,
July M.
11.
KM
Cent, of N. J..
Chto. A Alton.
Clilc. Bur.ftQ.
t'iii.'..M..v
July
85
I16W1
BQ
st.iv
pref.
ml im
97
97*
AN. w..
pref.
do
Chic. It. I. A P.
Chic.
Illinois
Int.
9TH
52 (.J
»)«
43
!WI>
SUMS
Illinois Ceil..
Kansas Pacific
58
Lake Shore.
Mich. Central..
Mo. K ans. A T.
A
Mor.
Essex
.
N.Y.C.AH. It.
Ohio 4 Miss..
1'aclflc Mall....
Panama
•150
Pitts.F.W.AC.
St.LAI.M.asan
lOlKW 110
St.L.
A
152
MM
BDK
17«
K.C.AN.
Dref.
do
St.L.
17*5
48
i7Ji
S.Fran.
do
do
pref.
1st prf.
Sutro Tunnel.
Union
Pacific.
West. Un. Tel
"
7«
7(1!-
85K
301
These are the prices bid and asked; no ««/e was made at the Board
Prices since Jan.
1,
Range
1879.
Shares.
500
Central of N. J
Chicago 4 Alton
Chic. Burl.& Quincy.
Chic. Mil.
& St.
do
do
P....
pref.
Chicago 4Nor(li\v.
do
do
.
pref.
Chic. Rock Isl.& Pac.
Clev. Col. Cin. & Ind.
Clev. 4 Pittsb.,guar.
Col. Chic.& Ind. Cent
Del. 4 Hudson Canal
Del. Lack. & Western
Erie
do pref
Hannibal
do
&
St.
Jo
do
. .
pref.
Illinois Central
Kansas Pacific
Lake Shore
Michigan Central
Missouri Kan. 4 Tex.
Morris 4 Essex
N. Y. Cent. 4 Hud.R.
Ohio 4 Mississippi.
35,327
.
W.& Chic.
& South.
& North.
St. L. I. Mt.
St. L. K. C.
do
St. L.
pref.
& S. Francisco.
do
do
1st
Sutro Tunnel
Union Pacille
prof.
pref.
Wabash
Western Union
Tel..
Total sales of the
Wesfn
Uu. Tel.
July
"
"
"
"
"
12
6,613
10,350
10,977
6,105
10,414
5,803
14
15
16
17
18
Total.
•J
•J
538 Jan.
5,200
18% May 15 2
6,023 75% Jan. 3 93 June 10 673s
1,495 112 Mch. •Jl 121% June 14 103%
15,475
7% Jan. 4 16% May 10 6%
8,945 103a Jan. 18 18% June 6 12%
130 123 Jan. 1. 152 July 18 112
576 101 Jan. 4 112% May 21 85
3,462 13 Jan. 2 30% May 23
5
7,650
7 Jan. 2 19 July 8
3%
22,550 25% Jan. 2 49% July 8 19
100
3% Jan. 8 113a Apr. 21 1%
280
4% Jan. '.'1 13% Apr. 21 1%
200
9% Jan. its 28% Apr. 1!) 5%
6,450
4% Mch. 17 3%
2»s Jan. ii;
2,790 57% Jan. 81 81 Feb. 19 61%
14,725
17% Mch 11 39=a Mar 21 12%
50,262
89% July 17 116 June 11 75%
7%
1
in leading stocks
St.
North-
Paul.
west.
16,200 24,645
19,225 28,725
31,020 43,375
26,450 28,355
25,825 37,390
36,410 39,350
West. Central.
4,100
5,100
1,100
3,025
_
Erie.
,
4.210
7,325
2,760
2,425
4,542
6,550
2-VI5J!
17,650
89
115
11%
23%
131
102
15%
7%
26%
4%
5%
11%
5
73
23 %
102
were as follows.
Mich.
Del. L.
&
1,050
7,235
5,400
4,535
7,620
3,200
Lake
Shore.
29,550
23,300
11,780
19,800
27,680
12,950
..
The total number of shares of stock outstanding is
last line for the purpose of comparison.
given in the
The latest railroad earnings and the totals from Jan. 1 to latest
dates are given below. The statement includes the gross earnings of 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 mentioned in the second column.
—Latest earnings reported.1878.
— ,-Jan.1879.
Week or Mo. 1879.
1
&
F. 1 st wk July
.
$84,500
56,759
319,013
87,417
Atlantic Miss. &<>. May
130,979 125,208
Bur. C.Rap.4N..l8twkJuly
24,697
20,313
Burl. 4Mo. R. in N.May
159,663 145,754
Cairo 49t.Louis.. 1st wk July
5,475
5,016
Central Pacific... Juno
1,377,000 1,393,852
Chicago A Alton. 1st wk July 101,827
73,177
Chic. Burl. 4Q... May
1,171,303 1,275,516
Chic. & East. 111.. 1st wk July
15,315
15,070
Chic.Mll. 4St. P.2d wkjuly 172,000
137,966
Chic.&NorthwestJune
1,389,300 1,069,142
Chic. St. P. & Min.2d wk July
15,369
14,530
Clev. Mt. V. 4D..lstwkJuly
7,053
6,447
Dakota Southern. May
18,261
19,039
S.
Atl.&Gt. West. ..May
6O0905
14U(lftl8
l'suV.l
'ot.'ioi
73o'llo
5 872*678
l.v>'-li)l
iOi,*\)i
12 071 '738
1042 828
4'l7l'7«6
232614
93m'"00
1
1,550529
530 70-1
238;:i7!l
117.705
149,759
320 359
658,470
2,252,557
1879 are estimated.
Exchange The foreign exchange market is weak, as the
large sale of bonds for London account was an event which
could not be without its influence. The leading drawers of sterling bills reduced their nominal asking rates to-day, and on
actual business the transactions were done at about 4 -854X34 '851
for 00-days and 4'S7i@4-8?i for demand.
The quotations
exchange are as follows
for foreign
Joly
:
Demand.
60 days.
18.
4.87%3488
4.80%34.87
4.86%« 4.87
4.86%34.87
.
|
week
in
63% Mch. 15 38
45% Prime bankers' sterling bills on London. 4.85%»4.86
4.85 3)4.85%
54% Juno 16 13%' 45% Good bankers' and prime commercial.
50,262 155,130 201,840' 59,431 27,812 29,040 125,060
Whole stock. 410.500 154.042! 149,888 524.000 1X7.382 771,077 494.065
Atch.Top.
May figures
Low.|High.
Highest.
3
for
805 75 Mch. 8 88 Jan. 28 66%l 85
263 Ill's Jan. 7 122% Feb. 19 99%' 114 34
155,130 3438 Jan. 1 58% July 18 27%l 54%
0,970 74% Jan. 4 93% July 17 64
81%
201,840 49=8 Jan. 3 71% July 18 32% 55%
27,800 76% Jan. 3 98% June 12 59% 79%
1,895 119 Jan. 8 141 May 23 9838 122
1,405 34% Jan. 2 55 May 21 23
38%
1,837 84% Jan. 2 99% July 16 63% 85
850
5
Jan. 4
9 Apr. 29
2% 638
3,680 38 Jan. 2 513s June 2 343e 59%
59,431 43 Jan.
60% Juno 2 41
61 %
29,040 21% Jan. 4 29% May 5
7% 22%
2,350 37% Jan. 2 54 May 5 21% 38
14.435 13% Jan. 4 23% May 23 10
16%
36,080 34 Jan. 10 45% May 23 215s 41%
3,012 79% Mch. 26 90 July 2 72*8 87
9*8 Jan. 21 60 Apr. 30
1,550
4
12%
125,060 67 Jan. H 76% Juno 13 55% 71%
27,812 73% Jan. 2 90% Jan. 27 58% 75
Pacific Mail
Pitts. Ft.
Lowest.
45% Jan.
33% Jan.
71)3 967
2,0ft0.ftHl
IST-v
Week.
Canada Southern
1
—
Total sales this week, and the range in prices for 1878 and
since Jan. 1, 1879, were as follows:
Sales of
lft.797
6<l.ft
Mo. Kaiis.4Tox..2d wkjuly
60,64ft
48,770 1.3.-.2 900
Mobile it Ohio.... June
90,408
90,341
M45.399
Nashv.Ch.48t. L.May
130,324
124.837
732.839
•N.Y.L. Erie 4 W.May
1,358,000 1,172,961 6,442,1)99
Pad.4EMisabetht.Juue
21,181
22,871
129 193
Pad.4.Meinpbls..l8twkJuly
3,303
3,411
Pennsylvania .. .May
2.708,695 2,503,442 13,028,248
Phila. 4Erie
May
264,409 238,021 1,142.540
I'btla.4 Rending. May
1,332,547 1,286,014 5,351,653
8t.L.A.4T.II.(bi-8)lstv»kJuly
7,020
7,330
252,084
St.L.IrouMt. 48.1stwkJuly
68,983 2.(8)2, 101
71.920
St.L.K.C.4No..lstwkJuly
37,761
46,433 1,546,861
St.L. 4Soiitlivast.June
84,554
88.363
527,488
St. Paul 48. City. May
55,414
58,131
247,581
Hcioto Valley
lime
28,258
27,576
145,035
.Sioux City 4 St.P. May
30,170
33,215
131,149
Southern Minn... May
50,140
81,769
212,537
Tol.Peoria4War.2d wkjuly
16,977
21,357
610,494
Wabash
IstwkJuly
65,530
65,167 2,024,819
•
Wabash
165,551
A (it. North, .lstwk July
_
*
823.308
•
ft
13,181
406.761)
ttoi'.bXi
22,011
216,928
lOoV'5
113,574 4,310,038 4.193 781
79,11:1 2,191,506 £407,861
86" 161
30,088
871.888
13x,mo:i 1,038.878
90 lift 53
480,873 2,508,862 2,573 590
121,833
676.028
71»:i''l'l6
438,636
116,086
19.818
04,389
(Iowa). .June
Kaii.sasl'acilic....lstwkJilly
St. Jo..
pref.
Tex. C.. May
Con. (111.). .June
4
do
I17'i
Clev.C. C. tl.
Clev.&P.,suiir
Ool.Chle.i I.C.
Di'l.AH.Cnnul
Dol.Lack.A W.
Erie
do pref
Han. A
do
earnings reported.—, -Jan. 1 to latest date
187s
i-7h
1870.
Week or Mo. 1879.
Denv. 4P.lo0...lstwkJuly;$25.iU4
DubuoiioAS.CIty.lBtwkJuly
14,231
(,al. Hoiist. 41t..Jlllic
27,693
QMDdTrunk.Wk.vud.Jul)- 5 152,910
Qrt Western. Wk.end.Julvll
77,925
II11nn1l1aUtHt.J0.lHt wkjuly
20,089
Iloust.
93
138
138
61
;— Latest
have been as follows:
daily highest and lowest orices
July
1
.
1 to latest dat«.-^
1878
$2,856,971 $1,565,336
613,239
641,716
678,521
813,844
721,952
644,491
113,063
113,025
7,834,105
7,750,729
2,280,739 2,077,07C
5,349,271 5,520,701
4,378.000 4,515,466
6,958,140 7,055,206
454,430
541,039
185,526
191.836
90,003
87,721
Good commercial
Documentary commercial
Paris (francs)
(francs)
A ntwerp
Swiss (francs)
Amsterdam
(reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)
5.20
5.20
5.20
-a>5.17%
®5.17%
®5.17%
40%® 40%
9 95%
3 95%
9 95%
95 tt 95%
40%
95
95
95
04'f
94%
94%
94%
are quotations in gold for various coins:
-99 4- par.
— 99%® — par.
— 93 -a — 95
Mexican dollars.. — 89 a - 89%
English silver
4 75 9 4 80
65
Prus. silv. thalers. -63 9- 70
13% Trado dollars
9S%» — 99%
Dimes 4 % dimes
Silver %s and %s
$4 85 ®$4 89
Napoleons
3 84 ® 3 89
X X Reichmarks. 4 73 ® 4 78
X Guilders
3 93 © 4 00
Span'hDoubloons.15 50 @15 75
Sovereigns
Alex. Doubloons. .15
Fine silver bars .. 1
Fine jtold bars.
Boston
1.83%
&5.20
®5.20
*5.20
a.
40 ®
94%a>
94389
943*3
943s«
(guilders)
Hamburg
The following
®4.84%
4.84
4.83
5.25
5.25
5.25
45
13
-3>15
®
1
Five francs
par.®%prem. New
Banks— The
M%«
silver dollars
par.
following are the totals of the Boston
banks for a series of weeks past:
Loans.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
1879.
S
S
•
Feb. 8.
Feb. 10.
Keb. 17.
Feb. 84.
Mar. 3.
Mar. 10.
Mar. 17.
Mar. 54.
Mar. 31.
Apr. 7.
Apr. 11.
Apr. 31.
Apr. 88.
139,979,500
139,891,100
14I.9S0.IHM
113,799,200
3,927.600
3.816,800
3,708,300
3,645,700
3,625,700
8,664,500
3,649,900
3,6i0,800
3,614.000
3,646,200
3,681,;00
3,655.800
3,627,780
8,600,100
8.5S3,i00
3,556,100
8,577,700
3,563,400
5,127.900
4.720.209
4,4 6,500
4,273,300
4,324,300
4,650,500
4.750,300
4,713,600
4,591,000
4,291,700
3,805.500
3.183,700
3,8.7,800
3,863.000
4.191,800
3,589,200
3,165,800
3.886,700
4,168,200
4.165.50J
4,118,400
4,433,500
4,717,100
5.433,900
141,91)9,200
111,688,100
111,308,300
140.444,800
140,033,100
139,001,100
133,300,400
137,469,400
131,192,100
May
May
133,22-i,500
5.
11.
132,953,200
May 19. 130,896,000
130.331,800
26.
June 2. 129.489,000
129,973,50)
June 9.
June 16. 13O.61O.S00
June 83. 130,%3.600
June 30. 130,583.300
July 7. 134,821,800
July 11
129,931,700
" Other than
May
3,1148,500
3,559,400
3,557.700
8,547.400
3,5.s5,2u0
3.6J0.400
Government und banks,
Philadelphia Banks.— The
are as follows
Loans.
1879.
S
Feb.
Feb.
Feb.
Feb.
Mar.
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.
Apr.
May
8.
10.
17.
24.
8.
10.
17.
24.
31.
7.
II.
21.
28.
5.
May U.
May 19.
Hay h.
June 2.
June 9.
June 16.
Jute 28.
JureSO.
July 7.
July 11.
57,138,02)
56,713,634
56,992,785
57,012,193
57.600,832
58,2(,.8,-.'.;l
58.488,555
58,506,715
59,006.312
59,994,059
60,554,971
60,518.117
69,182,582
60,174,972
59,914,320
60,160,886
60,915,891
61 429,856
61.917.078
61.036, »2
61.810,186
61,740,307
62,221.496
62.1J1.9J3
S
15.93-'. 139
18,790,71)7
15,881,011
15,311,615
15.790.131
16.205.151
16,583,493
*14,10I,«,)0
•13.895.000
•11,891,800
*13,997,000
•4S.M n
•14,T9Nm
•15,3:12,100
15.893,800
less
t
*
25,486,600
25,566,800
85,545,800
25,481,100
4I.6M.6-28
2i,399,-:00
25,613,100
25.562,000
25,145.500
i;.r>si.i:5
30.361
45.331,530
46.319,291
48,733. f«
45,739.465
47,c
4M0T.SM
25.4:18,200
89.857.020
25.827,800
26.0:4,200
4I.6T6>12
47.2"7.W2
5l,n*,«77
»fc,215.CO0
26.-WI.200
47.978,840
26.29-1.600
5 '..-."5.511
50,552,r 17
MJBB.8D0
U,«18.400
2 >,awjno
26,437.800
26,569,000
86,701,100
26.675,100
26.578.SO0
26,640.000
26,915,800
48,4MJM!
16,M6.8:0
41.'
33,827
51. :*>.>
>:)l
49.118.570
45.1 76,058
47.775.068
51,T88,«W
17.M0.H2
Clcaring-House checks.
totals of the Philadelphia
Lawful Money.
15,950,850
16,549,118
15,914,566
15,754,299
15,947,788
15,9*9.655
15,859,150
15,360,266
11,890,991
13,701,733
14,022,748
14,516,835
14.869,637
14,918,989
15.353,553
16,138,678
15,919,569
i
64,796,800
61,190,100
69,770,300
63,215,900
70,326,700
"7,028.300
65,677,100
61,050,100
63,435,100
61.221,500
63,371,000
82,998,000
60,858,400
«0,023.900
*48,885,800
'14,103,900
banks
Deposits. Circulation. Agg. Clear.
*
S
45,686,151
45,273,088
44,916,027
44,576,403
45,878.745
46,028,633
46,336,578
45.1 63,408
11,310,790
11,309,856
11,806,127
11,333,434
11,321,823
11,847,059
11,355,472
11,361,550
11,488,018
11,5J0,123
ll,509,«io
«6,tSCSN
45,111,747
46,552.535
IUKKI
47,044.599
47.626,368
47,786,056
49,143,410
49.633,881
49,941,608
50,363,092
50.721,250
49.713.«S3
50,309,724
51 378.986
51,811,642
ll,Ml,,-iiii
1l.5c8.M3
11,4*8,8*1
11,192,197
11,476.611
11.465,857
11,449,180
11,431.493
11.484901
11.897.818
11,383,10>
ttJHJM
IMOM80
*
3:M:8/62
27.312,892
81,157,9*3
36.371.591
S9,'56,598
31,2SS,0«»
29 945.441
38.653.745
90,581.840
88.407.05*
34.29S.148
I7.MMK
40.016.188
38.955.679
S9.S5S.788
81,805,188
4t.780.C7S
88,801,535
87.579.aa
84.442.141
S7.789.094
84,090,465-
.
.
1
.
..
....
.
.
—
.
THE CHRONICLE.
6^
1.
oun-
anil
discounts.
I
New York
Manhattan Co
Merchants
2.000.00(1
uusaum
2,050,000
Mechanics'
2.000,000
1.200,000
a.ooo.ooo
ooo.ooo
6,901.100
6,552.100
0,711,900
Union
America
—
2,oon,nni>
Phosoli
City
2.5llrt.(KKl
Tradesmen's..
Fulton
Chemical
Merch'nts' K.vch.
l.(»HI.00O
1,0011,000
0,706300
ooo.ooo
1.648300
ikki.ikni
1,408300
1. 247,000
941.000
8,323,300
]
S.N8330O
aacrniTiBS.
788300
8316,100
530.000
1.783.100
1.002.900
930.900
773,000
2.073.800
688300
Buu-lH-rs'&llrov.
:uni.(««i
300.0011
i,ii2.ikk>
Greenwich
leather Man'frs
Seventh Ward...
State of N. York
American Kxch..
2(I0.(K)0
824,800
000,000
2,074300
8110,000
617,100
83300
HKI.OOn
0.900
1,184.900
1, 547.000
1.747,000
3,478.500
3711.200
74.8.000
4,870,1
888300
I"aclflc
6,000,000
1,000.000
1,000,000
488.700
2.235.400
13,000,000
13.70-vNiO
5,823.900
3,701,900
2.230.500
Republic
1,600,011(1
4.2(111.000
019,200
409.100
405,209
Chatham
460,000
412.500
700.09O
1,000.000
500.000
3,000.000
000,000
1.000,000
600,000
500.000
3,13«.5O0
1.214,000
1,923,000
5.68S.30U
2,349,000
12,711,000
1,788,400
1,988,000
8.842,000
1,978,700
3.255.000
3.834,900
3.017,700
1.444.800
3.008.800
2.160.800
2.210,300
3.011.500
1.245.900
1,784.500
0,578.400
8,370,009
Commerce
Broadway
Mercantile
People's
North America..
Hanover
Irving
Metro|K»lltan
—
Cltlxens'
Nassau
Market
Nicholas
Shoe * Leather..
St.
500.00(1
1,000,00(1
1,000,00(1
Corn Exchange..
Continental
Oriental
Marino
300,000
400,000
54.900
81,00(1
542,000
197,60(1
596,090
108.100
883O0
81.400
84,700
804,001
8388.800
*
Tr..
1.500.(HMI
10,100,209
2,000,000
500.000
18313,800
Ass'n
885.(KKI
583,000
715.500
839.900
380,700
15.087,400
s.oro.ooo
2,409.000
Grocers'
First National..
Third National
N. Y. Nat. Kxch.
Bowery National
N.York County..
Germ'n Amerlc'n
3.1157,900
9.303,100
59.300
0.800
8B3O0
88,300
1.000
1,119,200
447,000
179,000
&S0.400
1,397,700
1.187.000
1,210.200
1,189,800
2.130.700
2,954,400
750.000
300,000
Penna.
7.II57.0O0
478,000
905,000
1,003.800
2.58(1.1
8,810,290
7.034.900
722.590
1.099,700
1,237,100
1,952.700
2.117,290
124.900
S12,0O0
341,000
280,800
500,300
Legal tenders
The
270.001)
Dec.
Circulation
33,000
following are the totals for a series of weeks past:
Loans.
1878.
Specie.
83(1,43-1,409
2:19.815.500
838,017.201)
2:15,974,100
7...
14...
21...
28...
L. Tenders.
»
8
237,045,500
234,917,700
Nov. 10...
Nov. 23...
Nov. 30...
Dec.
Dec.
Dec.
Dec.
81.900
1,757,300
8
2-i.405.400
39.938,200
23,414.400
88,907.403
80.100.701
40.5-18,200
Deposits. Circulation. Agg. Clear$
8
I
211.752,100
8)7.181,800
80 1. 79 7,300
20.SS3.1ID0
41,273,700
39.0Ol.nnn
40.47s.500
SIl.OOO.IKH)
203,t!J5,tS00
49,707,000
203,209,700
41,833,003
45,055,400
49,905.800
53,589,600
54,048,800
1,135,400
806,173,000
800,482,203
i,3 14.8-10
217.271.209
218,382,600
213.429.700
81-1. 2:H.loo
233,824,400
20,911,500
20,514,199
4...
11...
18...
234,250.00,1
20,080,300
230.rtS8.0IK I
2:13.108,4(10
1S.1K12.HKI
25...
834,416300
1...
8...
838,841,400
8'
17.058,0' K>
80-',.
131.400
19.909,400
19.901,900
4ft0.572.737
404.037,742
20.1KI7.IKIO
3lis.2Ss.059
2D.o5s.2O0
80.141.000
29.077.009
19,576,700
3S0.741.3IO
421.244,872
325,690,134
l3-'i.Ci'.15.2il
1879.
Jan.
Jan.
Jan.
Jan.
Fob.
Feb.
Feb.
Feb.
Mar.
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.
Apr.
May
May
May
May
May
17,:«4,«O0
17.431,700
is.ivh.soo
17349,300
844,1803
19,848,890
211,590,(10.1
19.7S5.1KKI
1o.707.ikki
21 1,981,290
19,017.000
219.219.200
1
219.387,301)
111,598,799
424,413.225
486322,549
597,331,749
811,074,083
493,410,515
9.486.(100
19.127.100
19.398,80
I
18.059,500
1
844,007,000
17,931300
15,371 D
1...
246.71«.1KK1
16,460,500
8...
15...
VI...
29...
5...
18...
19...
28...
3. .
10...
847,674,300
240,324,600
17.318.400
42.651,800
40,593,800
30.173.400
843339,800
18.8-13.700
3-l.;i78,ftlK)
896.691,400
19,290,1(90
431.908,904
510,897,775
501,321,370
400,417,429
413.802.788
340,458,500
18,446,800
U.8! ls,!K)0
108345,600
19.518.100
899,872,(157
18365,000
31,815,800
193,121,700
195,303.700
19.1135.500
19.09(1,100
401,180,857
483,859,559
487,843,430
503.198.030
15...
21...
17...
21...
81...
June 7...
June 14...
June 21...
June 28...
July
July
'
1I1.1II5.2O0
18,903,900
36,1 15. loo
18.875.IKK)
18,238,100
40,672,103
45,224.500
49.440,500
8.10.855.000
231,09fl,90(>
50.570.70-)
281.937.200
230,484,700
8.31(1.21 K)
18.7I5.IVK)
18,703.1
242.941,600
2\3.83S,500
257,636,500
357,272,81 1
268.8 13,709
866,201,
I
19,233,400
19,8 18,000
19,335.800
230,442,900
231.151,300
1
132.78 1,438
l
lo.3i5.iKio
227345,000
19.781.800
19,707,000
19,683.100
19,688,000
19,686,400
19.856,000
43.859, 100
825.754,000
20,90 300
237,310,700
226,177.000
80.O50.SIKI
,150,200
591,299,770
686,236,201
539,990.930
439,750,395
472.82S.08S
450,084,041
450,981,901
18,802.400
18,785,400
18,990,700
18,780,800
49,160,000
43,884,900
41,791,400
823.800
14.851,900
19.2iKl.900
3.U.5U.2IK1
814381.700
:
54(1. 798.1185
10.8110.(00
19,977300
233.375.500
Iil,01KI,400
40,!Kr8,IKK)
32(1.113.600
20.371.300
257,082300
23H.037.S00
241,328,800
20..M2.9IK)
432.52(1.408
862,861,800
19.889,090
19,971,509
40.514. ooo
438.735.lilK)
"5...
12...
29,599,900
391,835,789
QUOTATIONS
51.391,000
BOSTON. PHILADELPHIA AND OTHER CITIES,
IN
SXCCRrriJCS.
SECURITIES.
BOSTON.
Maine 6s
New Hampshire
6s
Vermontea
do
2d7s
do
land Inc.
Boston « Albany 7s
j
.
'
4
Mo., land grant 7a.... 115)4
do
Conn,
Cheshire preferred
Chic. Clinton Dub. ft Mln
Cln. Sandusky ft elev
l'jo
hostcn
Burl,
ft
Providence
7*
..
Neb.ea
30
41
..
do
7a
Kan. City Top. ft W.,7e,
do
1st
la. tnc
l:
I
los
102
Morris, boat loan, reg., 1885..
Pennsylvania 6a, coup., '.910.
75
Schuylk. Nav.lst m.6s.rg.,'97. too
2d m. 6a, reg., 190.
do
do 6a, boat*car,rg.,l913
do 7s, boat*car.rg.,l9^
»
.
5uaquehanna6a, coup..
. .
.
.
do
do
Lehigh Valley...
pref.
Little Schuylkill
•-••
Silnehill
Nesquehonlng Valley
Norrlatown.
Northern Pacific
pref
do
North Pennsylvania
50
HH
r'eunsylvanla
Philadelphia* Erie
Pnlladelphla ft Heading
Philadelphia* Trenton
Phtla.Wllmlng. ft Baltimore
19
19«
144 >i 143
03
Pittsburg Tltuav. ft Buff.
Com
St. Paul ft Duluth R.U.
do pref
do
United N. -J. Companies
pref..
West Chester consol.
.
5!<
.
'
6fi
12'.,
ii'x
45
144X :4>
WestJersey
CANAL STOCKS.
Chesapeake ft Delaware
Delaware Division
Lehigh Navigation
8l'i
84
3
to
Morris
133
do pref
Pennsylvania
Schuylkill Navigation....
Pittsburg
113
106
2d m.6a.
i)o
15J<
1
115
lis
116
I10X
118
U4X
30X
Bait. * Ohio 6a, 1880, J.*J.... 101
6a, 18S5, A.*C.
do
19SK 199
N. W. Va. 3d m..guar.,'80,J*J
PIttsb.* ConnellBV.7s,'98/ fcJ 108M 109
Northern Central 6a, '85, .'&J 100 109
68.1990, A.40. 199
do
do 68,gld,1900, J.&J. 113
Cen. Ohio 6s, lBtin„'90,M.ft S. 107X
-
W. Md. 6s, lat m.,gr.,'90,J.*J.
do 1st in., .899, J.&J...
do 2dm., guar., J.4 J
do 2d m., pref
do 2dm„gr. by W.Co.JftJ '.07
do 6a. 3d in., guar., J.&J 113
—
ft
Cln.
F.
7a, '92,
*A
91
S9
...
i%
'8"i..
31m. 6>, '47..
Camden ftAmboy 6s,conp,'S3
10.5&
104
104 >»'
15X
13}a
CINCINNATI.
!08X
..
:i5x
Connellsvllle..50
ft
9ra
do
110
110
RAILROAD BONDS.
Mar.
..
pref..
75«
103
75
I08X
2d, M. AN
do
8a,3d,J.ftJ
do
'.at, guar., J. 4 J.
Union
RR.
BONDS.
RAILROAD
Camon endorsed.
do
114
Allegheny Val.,7 3-19s,is96
11414
7s, E.eit.,1910 9J« 100>»
MI8CBLLANE0CS.
do
Inc. 7b, end.. '91. 35
naltlmore Gas certlUcates.
do
38
People's Gas
Belvldere Oela. 1st m.,6e,199>
do
Susquehanna
110
:9.8 ,•
Maryland 6a, defense, J.4 J,,
6s, exempt, 1887
do
6s, 1899, quarterly..
do
41H
5s, quarterly
do
100
Baltimore 6a. iSSI, quart
21
do 6a, ;8S6, J.& J
M<i '35
do 6a, 1891), quarterly...
45)4
do 6a,park,lS90,tJ.— M.
do 6s, 1893, M.ftS
's
4
do 6a,e.Tempt,'93,M.*S
7
8
1900, J. 4 J
do
41W 42
199i,J.*J
do
40
47
Norfolk water, 8a
524^ 53
BTOCK8. Par.
RAILROAD
55
68
100
Balt.&Ohlo
104X 195
Wash. Branch. 199
do
14H
Parkersb'gBr..50
do
441'.,
41X
50
Northern Ceutral..
4.)
47
...50
Western Maryland
40k i< % Central
50
Ohio
9
10
pref..
do
do
Har. P. Mt. Joy ft Lancaster.
Huntingdon* Broad Top...
Cincinnati 6s
93
39>i
13Ji
100
107
7s
107
do
6s. coup.
loo-*;..
do
7'30a
do
115
mort. 6s, 'S9.
do
U2X US
South. RR. 730a
do
USX
la.g..^^
Ati.lstm.
H5Si!'....
Cam.*
do 6a, gold
do
IC-SJa
21m., 7a, cur., 18,9 103 ;03)»
do
Hamilton Co., O., 68. long..
193
Cam. ft Burlington Co. 6a. 'Jo 108
7s, 1 to 5 yrs..100
ao
Catawlssa lat, Ts. conv., -A.
7 ft 7'30a, long.t 107
do
chat, m., 19s, 88
do
Cln.4 Cov. Bridge Bt'k, pref. 105
newls 1900
113
do
'89
m.
7a,
Cln. Ham. 4 D. lat
aox
ConnectlDB 6s .1999-1994
3d in. 7a, 'do t 100
do
Chartlers Val., 1st m. 7s,C.,190
Cln. Ham. & Ind., 7s, guar
05
Delaware mort. ,6b, various.
7s..
Indiana
1st
m.
+
Cln.
ft
102X
Del. ft Bound Br„ lat, 7s. 1903 IIS
11BH
2d m. 7s, ',7. +
do
..
"s,
88
mort.
1st
Penn.
East
Colum. & Xenla, 1st m. 7s. '90 194
El.ft W'insport, Ut in., is.'oO. 107
Dayton ft -Mich, lat in. 7b. '81+ loi.X
58, perp ......
80
do
2dm. 7a.'rl4.+ 190
do
Ilar^shurglstmor* 6s, St.
3d m. "s, 'SSI- 03
do
'90.
g-jld,
7s,
ill.
1st
1UX
H ft B. T.
IBtm.,
'8l...t
West.
Dayton
ft
'95.
2d in. 7a, gold,
do
1st no, 1903
do
3d in. cons. 7s, '95*
;o
45
do
1st m.t's, ;90. 185
do
js„'S>
d,
1st
Athens
g
Ithaca*
Ind. Cln. & Laf. :st m.7s
75
junction 1st mon.. 6', S3..... 101X105H
do (I.4C.) lstni.7B,'StT 102
2d inort. 6s, 19J0
do
Little Miami 6s, '83
+ 100
L. Sup. ft Miss., Isi in., 7' g.5
ion. Ham, ft Dayton stock..
32X
Lehigh Valley, lat,6s,cp.. 18-te
Columbua & Xenla stock
112
do reg.,1891.. 114x1:5
do
Dayton & Michigan stock..
82
do 21ui.7»,reg., 1910
128X 124
8. p.c. st'k.guar I01V4
do
do con. in., es.rgMlS-l :oox;io7
Little Miami 6tock
100X
6a,' p.,19.s K6X 107
do
do
'':'.'
3*
BALTIMORE.
45
II
pref
"W llliamsport..
10
do mort. RR., rg.,'9; no 11054do m. conv. g., rig.,'»l 104
do mort. gold, '97
102« ib'3
do con8. in.7a.rg, 191'. 94
95
.
.
114
104
102
110
I
.
.-.')
100
t
.
.
101
35
.
LOUISVILLE.
Little Schuylkill, 1st in. 7s.V2
North. Penn.
1st in. 6s, cp.,'85. ioVajlicii
is, cp.. '96. 114X1120
do
do gen. m. 7a, cp., l'.-93.
114X
do gen. m. 7s, reg., I9OT 118X111 4H
Oil Creek 1st Ul. 7s, coup.,'8
7a,
cp..'%
ft
B.,
sox
rlttsb. Tit usv.
2dm.
U3X
scrip
Pa.ftN.T.C.ft RR.7s,;Si)i
do
120
..
Pennsylv., 1st m„ 6a, cp., 'SO..
gen. in. 6s, cp., 1919
do
aen. in. 6a, g., 19:9.
do
cons, m.6', rg., 1905
do
1905.
cons.ni.6a.cp.,
do
t
10234
114
116
128X
oulavllle7s
6a,'82to'87
do
6s,'97to'9S
do
water 68/87 to
do
t 101
t ;oi
+ 101)
t 101»4
water Btock 68,'97.t IM-' 4
do
wharf 68
t Kl't.
do
'89.
apec'l
tax
6a
of
do
t 101
Lou!<vllle Water 6a. Co. 1907
U'5X
Jeff. M.*l.letm. (I*M) 7s,'8it
103
2d m.,7a..
do
'89
Louis. ft Fr'k.,Lout8V.ln,6s,'8:
107X Loulsv. ft Nashville—
Navy Yard 6a, rg, 'si
do
Leb. Br. 6a ,'86
t
•,•,;'•••
Pe n.' o ,6i. reg
1st m. Leb. Br. Ei.,78,'89-b5.t
herklomen 1st m. 6s, coup. ,'97 ....
do
6a, '»3.. .t
Lou. In.
Phlla. ft Erie 1st ill. 6s, cp. 'SI. 105H 107
Ind
" 101?i 112
atock
Jefferaon Mad. 4
2d m. 7s.cp„'98
do
1062.'
,
Phlla.* Read.
do
1st
m.6s,
'
'43-'44
193
ST. LOUIS.
M4
•
'48- .49
dJ
2dm., 78, rp t:
do
deben., cp., *(b r
do
cpa. ot..
do
S2X'
do
acrlp, 1882.
do
0<H
In. in. 7s, cp,l£i6
do
do cone. m. 7s, cp.,1911.. iiox'm
cons.m.78,rg.,19'.i..
lioxiiu
do
lu def au
J Per ahiire.
5
Con, to
'
St.
.
'77 fun-'ed.
102h
102'.
102;
M2>.
190
St.
1111
i'(3X
108
101S
ioa«
103
104
101X 102X
193X 104
Louie 6s, long
t 104
water 68, gold
ti 107
do
107H
do
do new.t 197
do
bridge appr., g.6s + 106X
do
renewal, gold, 6a. itfl
do
eewer, g. 6a, '9;-2-3.t 10BX
Loula Co. new park,g.6a.t 107
do
cur. 78
.
.Ian
1071.
102),
108 1.
18tm.,7s,i906....+ 112X 113
do
Loulav.C.&Lex. 1st m.7s,'9" 1111
no'X
199
,
Connecticut River
Conn, ft Passutnpelc
45
Eastern (Maaa.)
15U 1<*
.
Eastern (New Hampshire)... 70
Fltchburg
x ;u5
lloX
Kan. City Top. ..* WeBtern... ... 1114-1
Manchester ft Lawrence.... I..,. 149
19SH 103
Dela. lat 6s, rg-.'SO
Delaware Division 6a, cp., 78.
Lehigh Navlga. m.,6s, reg.,'84 100
.
do
Delaware ft Bound Brook....
East Pennsylvania
ft
118
105
108
43
new
Elinlra
III
100
108
12
Catawlssa
pref
do
'si*
&
Chesao.
116
107
—
,
7s,i,
4
Weal Chester cons. 7e, '91. ...
West Jersey 6s, deb., coup. ,'83
1st in. 6s, cp., '911
do
do
latin. 7s, '99
WeBtern Penn. RR. 6s,op.'.899
6a P. B.,'96
do
CANAL BONDS.
i()7>si
coup
do
Delaware 6s, coupon
HarrlBburg City 6a, coupon
HAILROAD STOCKS.*
O-'mJen ft Atlantic
prcf
do
dc.
:o»„ lOSS* Concord
....
&
7s, reg.
!
Neb.8s,l*Si
Pasannipslc, 7c. 18»;.
Ma-s„ sws, new
Fllchbt!rgHI;.,6?..:.. ..
ft
r.aatrrn.
do
mn
,
Sa.
do
do
'
1
MunlUpans
.
°4X 34X
98
9«£
I
'
Portland 6s
Attn, ft Tcpcka 1st m. 7a.
do
land grant 7s
6a
Boston ft Lowell 7s
Boston ft I.on ell 6s
Boatsnft Maine 7s
.
(New York & New Er.g.;s .. 194% 195
l^deuaourg ft Lake CO. 3a.
OidColony,7s
do
6s
....
.Omaha ft S. Weitern, 8a .... 109M
117 H19
Pueblo ft Ark. Valley, 7a
:oix
{Rutland 8s, iat mort
78
Vermont ft Canada, new 8a.
114« ui>4 VermoutftMaaB. i:R.,6a ...
112M118S,
STOCKS
118H1131J 'Atchison & Topeka ..
108X 108X
108
Bo.-ton & Albany
135
1S3X
181
Boston ft Lowell
OS
....
111'
Iliostonft Maloc.
...
114X
115* Boston ft Providence.
I16J,hlJ
Hurllngtou ft Mo. In Neb.... inputs
I
Massachusetts 5s, gold
Boston 6s, currency
do 5s, gold
Chlcsgo sewerage 7s
_ do
1'iil.
"urtfordft Erie's, new
'Ka'.cily. St. Jo.&C. H.iB.
111*
7a,w't'rln,rg.ftc:..
.
105
4
•
Camden County 68, coup
Camden City 6s, coupon
:
Inc..
Inc..
&
106
85
4
oo 7a, 3tr.unp..reg.,'»-36.
N. JerBey 68, reg. and coup
exempt, rg. ft coup.
do
deviations from returns of previous week are as follows
Inc.. S5.Sfl9.400 Net deposits
Inc.. f5,32l,530
Loans and discounts
Specie
*
118
5a, reg. ft cp., 1913.
6b, gold. reg... ...
do
do
do
209,000
508,100
45,000
790,800
208,300
225,000
180,000
The
7a 1997....
84«
Vf .,1st m..5a,'2i
Sunh. Haz.
Sunbury
Eric lat m. 7s, '97.
Syra.Qcn.* Corn'g,l6r,;a,li)()5 L04
Texas
Pac. 1st in ,6a, g..l903 100
cons. m.,6s,g., 190) 78
do
no
lnc.41.gr ,,a 1915
Union Tltusv. lat in. 7a, '9C.
United N..I. cons. m. 6a, '94..
Warren
F. let m. 7a, '98
g'd, lnt.reg. or cp.
5s, cur.,
mo..;
Stony Creek iBtm.
Pittsburg 48, coup., 1913.....
IOO.HOO.200 202,951. 900 19,971.500 51,301,900 341.328.800 20,509.900
Total
5s,
110
Shamokin V.ft Pottav.7s, 1901
69« Stcubenv. * Ind. 1st, 6s, 1884.
6s,old,reg....-do
do 6B,n.,rg.,prlorto'9i. US 120
do 68,n„rg„1395ftovcr 129* 129*4
Allegheny County 5s, coup..
Allegheny City 7s, rec.
1,473,000
3.930,50(1
1.05(1,8110
1
6», 10-15, reg., l'i'-»2.
6«, 13-23, reg., 1832- g. 1U«
6s, In. Plane, reg.,.3.9
Philadelphia, 5s reg
897,509
375,390
5,400
1,749,000
I
90
••
reg
5s.ncw.reg.,189ir l»02 111
do
do
do
do
do
292,100
217,000
270.096
807.500
210.209
540,700
2.587,000 10,03(1.000 2,182,900
243,000
2.028,300
475.900
3.1100
1,834,100
277,100
354,500
1,850,900
540.500
45O.0UO
1,492.400
341.600
445.000
3,190.000
405.000
4,700
2,-lsSI.NKI
452,000
8,405.509
7803 10
997,400
183,000
1386300
352.000
2.148.000
429,909
3.782,900 17,734.100 1,097.509
532,009
5,759.400 17.790.000
300,490
408,009
80,000
578.900
129,400
792,000
141,900
142,990
671,109
90,700
414,200
78,900
3.585,000 15,594,500 1,942.400
925,000
54,000
40,000
9,700
130,500
101,200
8318,600
200.0X10
Chase National
1,013.000
1,007.800
570300
240.000
250.000
loo.ooo
3,200.000
2.000,000
300.000
750,000
500.000
1,000,000
300,000
880,000
North Klver
But River
Manuf'ra* Mer.
Fourth National
Central Nat
Second Natlon'l
Ninth National.
73,800
5,000
32.800
34,000
00
do mort., 7a, 1892-3
Phlla. Wllm. ft Bait. 68, '84 ...
K-OX Pltta.Cin.4St. L. 7s, coa.,lttX- 1C9S4 110
10514
32X
N ashua
ft
H. cons. m.<s.cl. 1911.
Phll.ftl.'.Coalftlron deb. 78.92
do
deb. 7a. cps.ofi
16«
STATU AND CITY BONDS.
248,800
198,900
2,700
435.500
35,000
45.000
272,000
1,504,200
895.900
179,500
1,796.200
10.910.000
IO.3UH.000
t9
15
116
&
do conv. 7b, I89S'
do
7a, coup. ofT, *9:(
BUM
PHILADELPHIA.
778,890
741.900
rv<i.3oo
104,10(1
Importers'
Bktr.
155,1(10
412.400
145,200
519.900
08,900
120.000
Park
Mech.
Worcester
291.000
80,500
204,000
Mechanics' *Tr.
5.(K»I.IKKl)
1.100
255,900
808.M0
157,000
188,700
30,000
18.900
200,500
l.OOO.OCK,
Phil.
I
ft Ark.naas.
Rutland, preferred.
Vermont ft Massachusetts..
Pueblo
3.212,500
7,060.500
2.690.000
6,090,800
1.988,400
1.141,700
10.840,400
10,900,800
8,748,700
8,456,700
l,23x,ouo
1,000,000
(lallatln Natlon'l
400
74,600
44,590
127,490
1,014,500
552.000
829.000
1,088,100
193. 109
805,800
1*0,000'
301.800
1.108,100
1. 50».70(o
295.400
654.800
294,000
8.821,000
8
493,700
9.092.800
4.592.400
0,399,000
1.207.41H)
558..KKI
tion.
I
8
2,198.500
537.000
170.700
805,800
3,S20.4(K>
1
Legal
other
Tenders. than I". S
Specie.
Btc. -Continued.
BM.
SECURITIEB.
:
16
Nashua A Lowell
New York ft New England... 31
Northern of New Hampshire 85
118
Norwich* Worcester
Ogdensb. * L. Cbainplaln ... 18J
pref..
57!..
do
101«
Old Colony
Portland Saco ft Portsmouth! 100
894<
Pnllti a Palace Car
.
XXIX.
[Vol.
HUSTON, PHIL IBKLPHIl,
—
the
New York City Banks. The folio wing statement showsweek
for the
condition of the Associated Banks of New York City
ending at the commencement of business on July 12. 1879
Average amount of
Net dep't» CirculaCapital.
«
T1
.
'
+
And
interest.
t
—
J
-
July
.
.
...
.
'
—
'
.. ...
—
...
THE CHRONICLE
19, 1879.
NEW
YORK.
Prices represent the per cent talut, whatever th e par
SECIKITIES.
5s, 1886
88,1888
8s, 1888
8s, Monte. A Kufaula
88, Ala.
Chatt.
UK
Hi
in
Illinois— War loan
46
46
Louisiana—6s
now
new
20
20
7s,
Os,
8s,
penitentiary
levee
7?* 47k
8s,
8s,
2k
7'.,
51
Arkansas—lis, funded
7a, L. Kock * Ft. Scott Iss.
78, Memo. A L. Hock It It
5
7s, L.
P. 11.
N. 0. Kit.
7s, Miss. O. A It. It. Hit
7s, Arkansas Central UK.
1
.
A
Connecticut—6s
Georgia—6s
1
4
1
4
4
4
4
1
1
(Is,
7s, new
7s, endorsed
7s, (fold
Illinois-tls. coupon, 1870.
(Is,
102k
n-.>:
mi'
floating debt..
6s,
Asylum or
in
Univ.,
St.
Dubuque &
Harlem
Paul & Minn..
Sioux City
40
1st
1H
U4M
3l'.i
.
.
&
Nashville
Marietta
do
42
& Cin.,
do
Moblle&Ohio
S"
1st pref...
2d pref...
Nashville Chat. & St. Louis.
New Jersey Southern
N. V. Elevated, ex priv
New Haven & Hartf
& Mississippi pref
Pitts. Ft. \V. & Chic, spee'l. 100
mi
Rensselaer & Saratoga
St. Louis Alton & T. H
do
pref.
do
Terre Haute & Indianapolis
J.
UH.
ft
Canal
miscellaneous
Adams
St'lts.
Express
American Kxpress
United States Express
Wells, Fargo & Co
Quicksilver
do
pref
&
Atlantic
American
Pacific Tel
District Tel
lsi.
do
do
1st, con., f,
"
ci
41
38
29k
Railroad Bonds.
4a
80
i
~m
Minn.& St. L., 1st, 7s, guar
Chesap.A O.— Pur. m'y fund
Louisv. A Nash. Cons.m.,7s
2d mort., 7s, gold
Nashv. A Decatur, 1st, 7s,
Marietta A Cln.— 1st mort.
1st mort.. sterling
Metropollt'n Elev— 1st, 1908
Mich. Cent.— Cons., 7s, 1902
1st mort., 8s, 1882, s. f..
Equipment bonds
Mo.K. A T.-Cons.ass..l904-fl
2d mortgage, inc., 1911
II. A Cent. Mo.. 1st., 1890
4a
20*8
.
—
20?
80
m
21
i5k N. Y. Central-6s. 1883
Income
Kli'i
Sinking fund
Joliet & Chicago, 1st m...
Louis'a & Mo., 1st m., guar 4100
do
2d 7s, 11)00.
99
St. L.Jack. & Chic., 1st m.
107
111')'
i
110
105
101
ii i
117
lllli
tllOk
"•">';
do
do
1st,
LOOM
mortgage, 7s (pink)..
Extension
Can. 8.A Dct.-lst. 7s,g
I'nion A Logansiiort— 7s
Union Pac, So. Br.—6s. gld.
s Hill, i, Vtiiiiii...
1st
*35
*35
*35
110
97
t80
Equipment bonds, 7s. 1883
Consol. conv. ox coupon
35
....
N.
BO
5.)
Ill
77
.S..H,
40
CITIES.
Albany, N. Y.—6s,
94
98
78
68
1,1st
U2k
113
+107
sewerage
water
river improvement.
103 k! 104« Cleveland— 7s, long
91« ... Detroit— Water works, 7s
Elizabeth City— Short
*.... 89
Long
103k 104
Hartford—6s, various
120
7s,
7s,
7s,
112k
U0k
Indianapolis— 7'30s
Long Island City
Newark City— 7s, long
Water, 7s, long
!pH 71
BOM :;i
.
730s
Yonkers-Water,
12: st, 121'...
1903....
122k
.
1st m., 7s, Leav. br., 96.
do
with coup, ctfs
85k
.
.
.
21 mortgage, Inc., 7s..
I.:..
M.—6s,
Land grant,
.-.out
g.,
new
6s, gold.
hwest.— 7s, guar
Cm. Lafayette A Cli.— 1st
1
.
Virginia— New 10-40s
M
a,
Water works
m
R.AInd— lst,7s,l.g.gu
7s, F.
oo
1st, 7s, Id. gr., not guar
1st, ex land grant, 7s
C— 1st, 7s, gld
Hous. A Tex.
Western Div
Waco
new
5s.
Consolidated, 6s
Railroad, 6s
114
-ID
14
102
llll)
Richmond— fls
Savannnah—7s.
7s, new
hhV
Winn 'ton.N.C—6s. g., cp.on
70
50
88
53
102
84
80
80
26
83
]H1
73'
57-,
89
.-s
103
SB
IK)
§E
s'.l
70
'.si
1H4
lor,
H iii
05
M
107
UK)
1.5
05
S5
108
in
75
101
S3
101
1IK1
IIS)
102
103
101
m
M
E
110
104
'3
70
coup. on...
RAILROADS.
A Gulf—Consol..
Consol.. end. by Savan'h
Cent. Georgia—Cons, m., 7s
Atlantic
Stork
Charlte Col.A A.-Cons., 7s
2d mortgage. 7s
East Tenn. A Georgia—6s,
Tenn.A Va.— 6s.end.Tenn
E. Tenn. Va. A Ga.— 1st, 7s.
Stoek
G-orgia RR.-7s
so
60
un
ioe
80
40
li.S)
n
B
118
71
or,
1)7
l«l
1.5
100
118
108
11.-,
6s
Stock
Greenville A Col.—7s, 1st m.
7s. guar
Macon A Aug.— 2d, endors.
MemphisA Cha'ston— lst,7s
72
45'
75
90
50
100
101
1,7
88
»
75
2,1.7s
75
115
101
4k 45*
Rock-lst, 4s.
104
Mlsaisalppl Cent —lstm., 7s idi
2d mort., ex coupons
* 105
Stock
Hemp. A
Miss.
Lit
A Tenn.— 1st m„ 8s, A IB
1)0
mortgage. 8s. B
ejk Mobile A Ohio-Sterling, 8s
Sterling, ex cert.,6e
lie
1112
1.)
71
71
I-!
80
95
ll'.l
8s, gold.
lii.-,'
1
24
II
old
1st
8s.
Certificate, 2d mort.. 8s
Nashville Chat.A St. L.—1.
1st, 6s, Tenn. A Pac. Br...
lst.Os.
7T.
75
9
2d mortgage. 8s
New 1st mortgage
New debentures
N. O. A Jacks— 1st m..
1
(10
8s, Interest
McM.M.W.AAl.Br.
Norfolk A Petersb.-lst,
1st mortgage. 7s
2.1 mortgage. 8s
8s.
Northeast.. S.C.— 1st m.,8s.
2d mortgage, 8s
a— lata, 6»
2ds,6s
8ds,8s
4ths,8s
Rich. A Dan— 1st consol., 6s
Southw. Ga.—Conv., 7s, "BB.
Orange A Alex
11.2
Consol. bonds
55
Indianap. Bl. A W.— 1st
S5
7.1
ndianapolis A St.L.— 1st, 7s
105
lndlanap.A Vine— lst,7s, gr 102
s:t
Internationar(Tex->— 1st, 7s
85
Stock
Int. H. A Gt. No.-Conv., 8s
23
Jack.L. A S.—8s, lst,"white" +108 l6o" S. Carolina RR.— 1st m., 7a.
7s, 1902, non-en j..i n e.i
I^)ng Island 1st mortgage. ID.-.
106k
Savai.'h A Char.— 1st m.. 7a.
85
50
Montclair A G.L.— 1st, 7s. n.
Cha'ston A Sav., 6s, end.
45
N. J. Midland— 1st, 7s. gold.
42
West Ala.— 1st mort., 8s. ..
9
5
2d mort
2d mort.. 8s, guar
New Jersey South'n— 1st, 7s 40 45
PAST-DUE COUPONS.
13
N. Y. A Osw. Midld-lst m.
Tennessseo State coupons
45
Receiver's certlf 's, lubor.
53
South Carolina consol.
49
other.
do
10(1
Virginia coupons
Oswego A Rome— 7s, guar..
95
consol. coupons..
•30
do
Peoria Pekln A J.— 1st m
BO
price to-day theso are latest quotations made this week.
;
.Vi
50
110
116
108
US)
—
4.)
H
1(11)
102k Ala. AChat.— Rec'rsctfs.var
1!
E
M)
100
Consols, 5
+nok
+100
+111
Norfolk—6s
Petersburg—Os
in
115
115
15
M
+112
+113
45
+100
+114
+101
+ 112
+ 113
25
31
11.-,
55
7.
-ii
25
25
E
Nashville—6s, old
6s,
SO
102
10
102
108
61
75
15
B
15
Compromise
New Orleans— Prem.,
lot)
10
10
111
Grand River val.—8s, 1st m +103k
Hous.A Gt.N.— lst.7s,g.,ctfs 82
1
107
07
104
Macon— Bonds, 7s
Memphis— Bonds, C
Bonds, A and B
Endorsed M.AC. RR
115
115
112
113
48k
Augusta, Ga.— 7s, bonds
Charleston, 8. C-Stock,6s.
11.-,
108
ids'
1
A
7s, gold. 1904
1.
J. + 112
10s. pension. 1894. ..J.A J. +09
M18k
Cin.A Spr.— 1st, C.C.C.AI.,7s
lstm.. g'd L.S.AM. 3.. 7s
C.I.A Hock.V.-lst.7s,30yrs +105'
+100
1st, 7s, 10 years
+93
2d, 7s, 20 years
Dan. Urb. Bl.A P.— 1st, 7s, g
64
Denver Pac— lst,7s,ld. gr.^g 63
Erie A Pittsburg— 1st m., 7s tlOO
Con. mortgage, 7s
look
85
7s, equipment
Kvansv. ,v Crawfordsv.—7s. II 12
Evansv. Hen. A Nashv.—7s
80
Kvansv. T.II. A Chic— 7s, g.
BB
'.si
Flint A Pere M.-8s, I'd gr't
SO
(lalv. Hous. A H.-7s. gld.'71
121)
S7
St. I'.v
t'lii.w
lir'nd
lstm.,7s,R.AL.a.D'd,00
do
with coup, ctfs
1st m., 7s, land gr't, '80.
Registered gold bonds
with coup, ctfs
do
Iowa Midland, 1st in.. 8s.
2d mort., '86
Galena A Chicago, exten 108
do
with coup, ctfs
Peninsula, 1st m.,conv...
Inc. coup. No. 1 1 on 1016
Chic. A Milwaukee, 1st m
1 ll'i
Inc. coup. No. 10 on 1916
71
Winona A St. P., 1st
110
Den. Dlv. Tr. rec'ts ass. 1024J lii'.'ii
do
2dm.... 105k 107
Pennsylvania RR—
C. C. C. A Ind's— 1st, 7s, s. f. llfl
Pitts.Ft.W.A Chic, 1st m
117k
Consol. mortgage
108
do
do
2d in..
C. St. L. A N. O. Ten. Men 7s 100
do
do
3d in..
do
do 1st con. 7s on
Cleve.A Pitts., consol., s.f.
Del. Lack. A West.-2d m.. 106k
do
4th mort... 108 110
7s, convertible
72-.
73
Col. Chic A I. Cist con..
s
Mortgage
».< .,
<a, 1907.
iwi
7s,
ii:i
It
:m
do
26
2d con...
Syr. Bit *h. A N. Y., 1st, 7s
7:1",
108
7:1
do Tr't Co. ctfs. 1st con
Moi—
lorris A Essex, 1st m
:li)
124k|lS
do
do
2d con
87
do
2d mort.
113k' 115(4 Rome Wat. A Og.— Con 1st
r,7
57k
• Prices nominal.
+ And accrued interest.
t No
113« 113k
113k
no'
Cent, of la.— 1st m.,7s, gold
Chic.ACan. So.-lst m.,g.,7s
Chic. A East. 111.— 1st m., 6s
i
sl
C.5
tll4
+00
.
I04k
104k
U3k
HIS
+ 10(1
Oswego— 7s
Poughkecpsio— Water.
Bochester— Water, 1903..
Toledo— 8s, water, 1894...
110
+
70
87
87
01
Montgomery— New 5s
.
99"
I'J,
New 3s
Buffalo— Water, long
Cliiiago—6s. long dates.
111H 113
104
I.I
Mobile— 5s, coupons on
8s, coupons on
6s, funded
Ii'.".
"
90
HO
L
116k Columbus,
Ga.— 7s, bonds..
51k
long...
80
108
STATES.
Carolina— New 4s
CITIES.
79k Atlanta, Ga.— 7s
111
uccum'e
int. ,6s.
110
87
So.Carollna—Con.. 6s (good)
Rejected (best sort)
Texas-6s, 1892
M.AS. +103
7s, gold. 1802-1910
J.A J. *
97>.
HOkl •
1169s
H.7
101
i
110k
S7'.,
ss
02
78
43
40
70
(Brokerx' Qiioi-itlmu.)
{Broker*' ijuntations.)
South Pac. of Mo.— 1st m. «>7^
Kansas Pac— 1st m. ,6s, '05 97k
1st m.,6s,'95,with cp.ctfs *117k
1st m., 6s, '00
117k
do
with coup, ctfs *H4k
U
T..I
W.D. SI07kl
Bur. Div.
mort.
niNcellaiieous
107
St.L.VandallaAT.il.-lstm
mortgage, guar....
Sand. Mans. A Newark— 7s.
70
42
:r,i
Scioto Val. 1st 7 p.c s.f. bds tlOO
South side(L. I.)— 1st mort 80
South Minn— 1st m.,7s,'8
II")
45'
125
RAILROADS.
do
lstm., reg.
Huds. R., 7s, 2d m., s.f.,'85 *....|110k Atchison A P. Peak—6s,gld 105
-; . Rust. A N. Y. Alr-L— 1st in
Canada South., 1st, int. g
106
87k 8i>i
*... 125k California Pac— 7s, gold... xlOS
Harlem, 1st m., 7s, coup.
do
1st m., 7s, reg
0s, 2d mortgage, gold
X90
*124k 125
1st in., Carondelet Br.
Chi6. A Northw.-Sink. f'd.
Interest bonds
11 (Ml
Consol. bonds
122
Extension bonds
tlOS
1st mortgage
112
ii.-,.,
4108
1st pref. inc. for 2d
1st inc. for consol
119
119
W
8t.L.ASanK.-li«lni.,claMA
2d mortgage, class B
cIimC
„ _ do
M.L.A S.E.-Cons.. 7s. g.,1M
Consol., 7s,-4910.
«120
Income,7s
ii'iji
.
90k
Ic-.",
1112'.
Chic. St.L.A N. 0..2d m.,1907
M
.
...
:
118« 119k
105fc
lir..,
II.-,
Ml
mort
K.C A N.-R. E.A
do 2d
'
m
Mount'n— lstm
Br., 1st
Ti .1. A Willi.— lstext.7s,ex cp.
1st St. L. div.7s,ex mat.cp.
2il mortgage ext.. ex coup
,
Coupon gold bonds
Iron
mortgage, W. D
lliirlington Dlv
2.1 mortgage, 1886
(102
1102
.j
6s, consol, bonds
6s, ox matured coupon
6s, consul., 2d series
6s, deferred
I), of Ciiluinbla-3-65*. 1924.
IU7
l>t
121
111
series.*. ..........
\ Irglna—6s, old
6s, new, Iww
»s, new, 18H7
III!
do
income
tso
Belleville A So. III., 1st m. -ion
Tol. Pen. AW. -1st U1..E.D. JKI8
76k 7»k
,
old
new
new
Small
Registered
North Missouri, lstm.,7s*113
Alton A T. H.-lst m.
2d mortgage, pref
82
look
»«••
A.AO...
STOCKS AND BONDS.
Arkansas
1»7>,
A Hud.. 1st m., cp,
a"
i
St. L.
1
Con. slnkfns fund
2d mortgage
1st m.,7s, I. A D. Kxt....
5
Cairo A Fulton, 1st mort.
Cairo Ark. A T., 1st mort.
H)7l, 108
110."
JP
H
1.-,
R.,7s
Dlv., 1st mort.. 7s
Bt.CThas.B'dge.lst, 7s. loos:
1
&D
lstm., H. & D
1st m., C. & M
1.-.
Omaha
sinking fund
N. Y. Elevated-lst. 7s, 1808 lll»llllk
Chic. Rk. I.iP.-fls, cp.,191. tn'ak liiii Ohio A Miss.— Consol. s. f'd
.... U2k
6s, 1917, registered
tiisB
112
Consolidated
Keok.& Des M., 1st, g., 5s
94
in
2d consolidated
96k' 99
Central of N. J.— 1st m., '90.
110
1st m., Springfield div
1st consolidated
'acinc Railroadsdo
assented
983*
Central Paciflc— Gold bds 100V 100k
li'!
Convertible
100
San Joaquin Branch
do
assented
99
99M 100
Cal. A Oregon, 1st
09;*;
Adjustment, 1903
1113!, 103J»
108
..
8tate Aid bonds
Lehigh & W. B.,con.,g'd.
98
Land grant bonds
103kl ••
73"
do
assent 'd
Western Pacific bonds.. 104k 106
Am. Dock & Impr. bonds
81
90
South. Pac. of Cal.— 1st m.
do
assented
SB
90
Union Paciflc— 1st mort.. 109-Ji 109k
Chic.MIl.A St.P.-lst.Ss.P.D 127
Land grants, 7s
113k 113k
2d mort., 7 3-10, P. D...
111
112
Sinking fund
114k' •.
1st m., 7s, $ gold, R. D.
111
Registered, 8s
114
1st m.. La C. DIv..
*....I108
112
Pacific RR. of Mo.— 1st in.
112k
1st m., I. &
111
2d mortgage
107
107k
I.
A
1.
M
(I
9
2d mortgage
St.L.
5s,
1st m.,
St.
....
104*1
6s, 1887
6s, real estate
6s, subscription
N. Y. C.
mix 105
Miss.Kiv.Bridge,lst,8.f,6s
m
90
new nsm
do
I
& Alton— 1st mort.
104
gold bonds, 1920.
Det.Mon. A T.. 1st, 7s,'1006
Lake Shore Div. bonds
do
cons, coup., 1st
do
cons, reg.,
do
cons, coup., 2d.
do
cons. reg.. 2d
Sk
Stock Exchange Prices.
Bost. H. & Erie— 1st
1st mort., guar
Bur. Ced.It.A North.— lst.Os
Chic. Bur. A Q.—8 p.c., 1st
Consol. mort., 7s
m
2d mort.
3d mort..
1st con., guar
N.Y.L..E.AW.,n.2d,con.,(ls
10
tB8
6s, gold, series B, int. def.
6s, currency, int. deferred
lorn.;
6s,
0s.
HS
*114
Gt. Western, 1st m., ex cp
2d,con.,f.cp.,5s,0s
75
do 2d ra.,7s,'93,ex cp
Han. A St. Jos.—8s, conv
105
105k
Q. A Tol., 1st, 7s, '90,ex cp.
143k 145k Ill.Cent.—
Dub. ASioux Cist
111. A So. la., 1st m.7s,ex cp
Dub. A Sioux C, 2d dlv..
West. Un. Tel.— 1900, coup.
Cedar F. A Minn., 1st m..
105K
1900, registered
Lake Shore
47Js
Sprlng.V'y W.Works, 1st 0s.
48;
Mich S. A N. Ind., s. f., 7s. H0'.i HI
1NCOMK BONDS.
97!
Clove. A Tol., sink. fund., 109
lii'.l'a
Central of N. J., 1908.
do
new bonds. 109k
Lch. A Wilkes B. Coal. 1888
S7k
Cleve. P'vllle A Ash., old.
101k 8t.U.M.AS..lst 7s,pref.lnt
Consolidation Coal of Md.
Pennsylvania Coal
Mariposa L'd A Mining Co.
Chicago
104
Tennessee—6s,
S.S
Special tax, class 1
do
class 2
do
class 8
Ohio-fls, 1RS1
'
American Coal
.
id;
KR
Chatham
188U,•
Non-fundahlc
107
A.AO
do
0"
7s of 1888
m
Newbonds.J.AJ
I".-.',
ox coup., Sept. ,'79 A prev U2U 11:1
Long Dock bonds
115
Buff. N. Y.A E, 1st m., 1016 ii«
117
Gold & Stock Telegraph...
Canton Co., Baltimore
.
1000
Buffalo A Erie, new bds..
Buffalo A State Line, 7s.
Kal'zoo A VV. Pigeon, 1st
do
pref.
Ontario Silver Mining
Homestake Mining ..
Standard Cons. Gold Mining
Pullman Palace Car
103"
110
103
104
Ask
Funding art. I860
Ijind Com., Ismi.J.iJ...
21
AJ
A.AO
6*.'
Jan. A July.
April A Oct....
121
do
coup, off, j. a J.
do
coup, off, A. A o
Funding act, 18(WI
do
1868
Rons. A Saratogu, 1st, coup
do
1st, reg.
Denv. A R. Grande— 1st, 1900 00«
Erie— 1st mort., extended.. 121
2d mortgage, 7s, 1879..
lo:!'„ 104k
3d mortgage, 7s, 1883.
toejj
4th mortgage, 7s. lssi)
104
6th mortgage, 7s. 1888
112;*
:«'..
do
SO
do
A1SP IttlSCKLI, A ttKOUS
1st Pa. dlv., coup., 7s, 1917
do
reg., 7s, 1917
Albany A Susqueh., 1st
7s, cons.,
\. Y.
Ohio
United N.
*m
mortgage, 1801
101
..
do
extended
.... 103
do
Coup.. 7s, '94 105kl ..
'94
do
..VTiioo
Keg. 7s,
do
do
do
54k
Manhattan
'02
1211
A.
No. Car. UK., J.
constrtict'n
do
90
do
7s of 1871
111
do
1st con., g'd.
«9H 99k
Dcl.AHud.Cannl— lstm.,'84 100 102>5
Ind.Cin.& Laf
Keokuk & Des Moines.
do
do
pref.
Louisville
due
1802
1893
6s, old,
112
Mouth Can. Iliu
K>7', 4
II?
do
Bid.
lthi.il.
in?',
100
North Carolina—Oa, old.JAJ
HI.V,
A Ess'x,b'nu>,
Morris
Stocks.
.
Chicago
6s,
6s,
8tri;uiTi«
Island -6. coup. 1O0
104
1801
6s, 188(1
(Active previously quoted.)
Allium- & Susquehanna
Boston & N. Y. Atr L., pref.
Burl. Cedar Rapids & No.
Chesapeake & Ohio
do
do
1st pref.
do
do
2d pref.
Chicago A Alton, pref
211
dO
do
(Is,
LOO
.
HA1LHOAD
It ail road
0», gold, coup.. 1887...,
6», loan, 1883
104k
'00
Bid.
St. Jo., '87.
Kolil, ron.,'87
20
20
20
105
Funding, 1804-00
Hannibal A st. Jo., 1880.
llll
New York—«s,
20
20
20
do
do of 187S
duo 18HII
duo 1887
dun 1888
duo 1889 or
SEC17HITIE8.
Missouri— Han.A
100
100
of 1010
7s, consolidated
7s, small
M!chlgan-6s, 1883
7s, 1800
Mlssourl-Os, duo 1882 or '83
(Is.
III.".
I
Bid.
Kentucky—6s
Os,
6s,
KR.
8s of 1892
8s of 1898
Class A,2to5
Class B,5s
Class C,2toS
R
REOUHITIES.
Bid.
may
~
STATE BANDS.
AIabaraa-5s, 1883
1
63
QUOTATIONS OF STOCKS AND BONDS IN
U. 8. Bonds and active Railroad Stock* are quoted on a previous page.
4
1
.
SI
:a
108
HI4
101
115
98
85
SB
TO
15
85
35
111
108
108
I"
108
102
104k
110
117
96
Km
55^
21
110
90
87
lis)
105
110
SO
'.»
45
r'o'
no
113
idi"
so
eo"
114
115
Jil
4"
B
77
80
,
.
.
,
THE CHRONICLE.
6i
NEW YORK LOCAL
Bank Stock
Capital.
Coxpaiuba.
SECURITIES.
Insurance Stock
llrt.
Paio*.
1'ITIDSHDS.
Surplus
WKilS^lil*-^
I
iki
Bowery
25
Butchers *A Dr.
a*.
Km
Central
Chare
460.000
900,000
600,000
Chatham
Chemical
Citizens'
City
Commerce
Continental
Corn Kxih'ge*.
Sast River....
11th Ward*....
Firth
Fifth Avenue*.
Kultm
..
German Am."
Gorman Kxch."
Germanla'
Greenwich*....
Grocera*
.
Hanover
Imp. A Traders'
Irving
Island City* ...
Leather Manuf
Manhattan'..
BsjCh, As'Or'n.
Mech'lca A Tr.
Mercantile
Merchants'. ..
Merchants' Ex.
Metropolis*.
Metropolitan ..
Hill"..
Nassiie*
New Yor*
S. Y. Count*..
N. Y. N. Lxeh.
Ninth
No. America*.
North River*.
A
I.
II
in
s
io
io
J,
F.AA
J.AJ.
J.AJ
July, •70. 3
July, '79. 8
5
July, •79 8
Jul*
May,
A pi.,
•79.
•79. 8),
•79.
•79. 5
•77. 8
•79. 3
•77. 3
•79.
•79. 7
•79. 4
•78. 3
Ju
75.(100
750,000
700,000
71.0U0
People's*
Phenlx
Produce*
Republic
St. Nicholas...
ii
I
211.500
800.800
IS8.30O
158,100
58.700
500,000
800,000
800,000
500.000
200,000
800,000
ia5sm.>
53,100
8econd
100
Shoe & Leather 100
Sixth
100
State of N. T.. 100
100, 1,000,000
40:1,000,000,
..
50 1,200,000'
UN
200,000
Side-
.hi
Q-F.
J.AJ.
J.AJ.
J.AJ.
3W
65
126
21s
•71). 3^1
'79. 4
4
'77.
3
2K
3
.
,
7
May,
3
Jan.,
July,
7*
May,
10
Jarsey City A Hoboken
Manhattan
Metropolitan
do
certificates
Mitual.N. Y
do
bonds
Nassau, Brooklyn
do
scrip
BTew York
Park
Produce Exch.
Belief
':>.'
4
i
for the National banks, and
Safeguard
St. Nicholas
Standard
People's (Brooklyn)
do
do
do
bonds
do
certificates.
Central of New York
Williamsburg
do
scrip
Metropolitan. Brooklyn
Munlrlpol
do
bonis
Date.
Period,
Var.
Var.
AG.
3 15.000 A.
2,500.000 M.AS.
1.000.000 M.AS.
100 5,000,000 Qnar.
1,000 1,000.000 F.A A.
100
l.lHNI.OOO
700,000
.
100 4,000,000
10
1,000
Var.
1.000,000
80O.000
50
60
4(141,000
1,000,0(10
50
95
85
135
145
80
100
Feb.,
Feb..
'7
'7
110
101
Apl..
'7
50
1882
July,
May,
May,
.1.
A
J.
101)
'7
-
Jan..
M.AN.
800,000 J.
Var. 1,000,000
100 1,000,000
100 1,500,000
7.10 000
125
July, '7
189S
Feb., '7
Jan., '7
June, '7
Var.
A
Tradesmen's....
1S97
Jan
F.A A.
,
Feb.,
Jan.,
Quar.
J.AJ.
M.AN.
•Ian.,
May,
Fen..
1888
M.AN
50
82
83
18
90
70
55
70
85
40
115
104
43
1,000
mortgage
Brooklyn (Sly— stock
1,000
1st mortgage
ro<i''i<7<ip ( Brooklyn)— stock..
1,000
1st
Brooklyn <t Hunter's It— stock.
1st mortgage bonds
BuMhiotck Ao. (Ifklyn)— stock
Mtnlral Pk„ S.dt IS. River— atk.
Consolidated mortgage bon"B.
Dry Dock, f. B. d:Baltery—H]L.
1st mortgage, cons'd
Btyhlh Atenue— stock
1st mortgage.
idSt. <* (brand St terry -stock
1st mortgage
Central Crone 'lotcn- stock. ...
1st mortgage
Bouiton.
V'eet tt.d-
Puv.Fy—stk
Istmortgage
Hcond Attinue— stock
Jd mortgae-e
Cons. Convcrtljlc
Extension
TuUli Arenue- stock
1st
mortgage
third
Avenue— stock
1st mortgage
I mmJu-ourd .Street—stock. ...
1st mortgage
100
100
10
100
100
1,000
100
100
1,000
100
500*0
100
1,1881
100
1,000
100
1,000
900.000 J.AJ.
694.000 J. A J.
2,100,000 Q-J.
1,500,000 J. AD.
2,000,000 Q-F.
800,000 II « -N
200,000 Q-J.
400,000 A.AO.
800,000 J.AJ.
500.000
92
22
9HX
80
65
80
95
50
121
108
.
7
July,
79
Ju y,
Ma,,
J.uly,
79
1888
•1u, e, '98
1
,050,000
Q.—F.
A.AO.
M.AN
200,000 A. A
'.oo&c
JOO
7 5n.i
(I.
mo M.AN.
415,000 I.A J.
100 2,000,000 Q— F.
1,000
,000.000 I. A J.
100
800.000 J A J.
1.000
850.000 M.*v
1,000
'/
135
(Jet.
900,000 J.
1,000.000 I. A .1.
203,000 J.AJ.
748.000 M.AN.
236.000 A.AO.
600,000
200.000 m!an.
250.000
500.000
150.000
82^
Nov.,
Jan.. '79
Dec. 1902
AD
12
85
'84 101
'79 130
'80 102
1,800,000 J.AJ.
1,200.000 J. AD.
1,200.000 Q-F.
100
500
100 1,199.500
1,000
1.000
.
I
•»
"7a!
X July,
J'ly.1900
May,
'79
40
94
88
101
July, '79 100
Jan., '81
May,
Apr.
,
'78
'93
20
90
65
102
140
110
150
100
102
Nov.1904
Apr
May,
'S5
'88
Sept. '88
lay. '7
uly, '9
no
Way, '79
July, '90
Feb
,
,'79
Over
10
50
Last Paid
1876. 1877. 1878.
10
15
15
10
4
10
20
20
20
20
w
5,
July,
July. '78. 8«
6
BM
-
'79. :ih
'76. 5
14
10
July.
N'n
Jan., '7"* 4
July. '7s! 5
Ju
10
SB
ao
20
y,
July. '79.10
Ju y, "79.10
10-72 Feb.. •79- 5
18
12
70
100
BO
190
200
180
June, '79.10
Feb.. '79.10
17«
M
120
ll;5
20
110
IIS
July. •79. 5
47
N'ue July, '77. 5
1(1
5
110
18
25
Jan., '79.10
26
11-45 12-50 18 40 July, •79.6-83 173
2i.o
20
20
30
Apl., 79.10
mo
aim.
10
14
1112.001 14
-luly. '79. 5
108
10
200,010
15
Feb.. '79. 5
121,604 20
15
200,000 161.067 IB
tuly, 79. 7« 120
15
10
204,000
IS
July, '79. 3*
85,825 15
30
N'ne July. '77. 5
10
150,000
10
10(1
11
150,000
12
86,618 12
July, '79. 5
180
200,000
13(1.330
July, •7 J. 7
IBS
10
1,000,000 815,049 10
io
Ju'y, •79. 5
170
22
500.000
51.421
July, 79. 7
107
10
200,000
ao
127,116
Ju y, •79. 5 270
200.000 344,301
in
30
Ju y,' •79. 7«
juiy,
35,343
200,000
10
US
July. '79. 5
150,000
184,537
an
is* July. •79.15 185
500,000
685,899
10
10
78,847
July. '79. 5
200,000
10
ISO
July, 79. 5
3,000,000 1,303.489 1
10
10
Jan., '79. Ss» 50
15,909 1
lfO.OOO
10
io
Jan., '79. 5
500,000 206,609 1
12
10
111,928 12
Ju y, '79. 5 10(1
200,000
12
10
am i.i in
32,968! 10
July, •79. 3M 6*.
13
10
M'CT •79 5 180
t314,003il0
200.010
10
10
Kill
July, '79.10
199,901
150,000
ao
20
CO
27,884
Jai> . '79. 5
280,000
in
5
iso
6
156.5W7
July,
76.
150,000
Hi
SO
116,473
Ju y, '70. 5 100
200.01X)
10
10
so
55,005
July, •70. 5
150,000
10
10
125
281,942
July, 711. 5
200,000
ao
16
110
5
'TO.
71,541
Jan.,
10
300,000
10
130
202,281
July. '79. II
21X1,000
12
12
US
July. '79. 5
250,000 241,421
ao
10
170
281,1137
July, '79.10
200,1X10
BO
20
1115
18(1,569 ao
July, '79.10
150,000
20
20
51,386
200.000
July, '79. 5
10
10
206,979
July, '79. 5
200,000
20
16
July, '79. 5
IS
200,000 114,189
12
Ju y. 79.10
200,000 174,081
SO
20
124.331
July, '79. 5
200,000
14
10
July, '79. 5
20
210,000 324,262
20
Feb. '79. 7
200,000 160,005 20
17
14
24,571
200.000
N'ne
55,061
lil"
300,000
N'ne Jan., •79. 5
115
July, •79. 6
500,000 455.012
12
11
100
112,717
Apl., •79. 4
350,000
11
10
July, •79.10 235
20
200,000 488,182
30
109
July, '79. 6
20
200 000 103,552
12
190
Jan.. •79.10
150,000 200,474
20
SO
110
108,104
18
150,000
Ju'y, '79. 6
12
117
731,322 20
July, '79 5
15
1 000,000
200,000
SK N'ne ,l»n., '77. 3H 115
59,449 i!" 10
July, '79. 5
200,000
10
'70'
34,673 10
Inly. '79. an
300.000
10
5
05
71,994 18
12
Ju y, '76. 5
200,000
10
•79.10
2(1
July,
200.000 205,201 26
20
iob
108,695 15« 111
Julv, '79 8
200.000
16
75
Feb., •79 5
200,000
10
89,020 10
200,000
175 011 11-55 1235 6-23 Inly, •79. 3H 115
800,000 171,318 15
17W 12H July, •79. « 112
70
Feb., •79. 5
10
10
200,000
49,231 10
July, •76. 5
14
200,000 144,517 so
16
ii'ii
Jnlv, •79. 5
181,3112 SB
10
20
300,000
120
July, '79. 5
16
12
250,000 231,331 in
Feb., •79. 5
300,'' 00
10
175,619 io
10
iso
July, '79.10
20
20
450,317 20
250,000
all liabilities.
ao
65
208
210
120
55
125
178
210
107?
140
185
:
'.
70
1
1
1
ii
Including re-lusarance, capital and scrip,
125
90
127
100
105
75
71
130
109
90
73
140
120
85
145
180
180
65
65
120
123
t Inclusive ol
[Quotations by
City Securities.
Danikl A. Moras, Broker,
40
Wall Street.]
Intirest.
Bonds
Months Payable.
NtV> York:
1841 -S3.
Water stock
Croton waterstock.. 1815-51.
..1352-60.
do
do
Croton Aqued'ctBtock.1865.
pipes and mains...
do
reservoir bonds
Io
Central Paik bonds.. 1S53-57.
..1858-85.
no
do
1870.
Dock bonds
1*15.
do
1865-68.
Market stock
1869
Improvement stock
ao ....181.9.
do
var.
Consolidated bonds
var.
Street imp. stock
var.
do
do
New Consolidated
County
Westchester
7
6
7
e
7
8*
7
?«
May Aug.A Nov.
100
do
do
do
104
104
108
110
108
108
100
123
107
118
101
108
1880
I860
1SS3-1S90
1884-1911
do
1S84-1900
May A November.
Feb., May, Aug.A Nov. 1907-1911
1898
do
do
1895
do
do
1901
May A November.
1898
1891-1897
May A November,
1889
do
do
1879-1890
do
do
1901
do
do
1888
do
do
1879-1882
do
do
1896
January A July.
1894
do
do
Feb.,
5
6
due.
do
do
[Quotations by N. T. Bkkrs, Jr., Broker. 1
New
101
105
107
109
124
110
109
107
124
109
119
108
118
115
118
102J4 105
105
102
115
118
118
119
St.]
92«
50
67
95
106
Brooklyn— Local linpr'em'lClty bonds
do
P .rk bonds
Water loan bonds
ii'o
Brlriprebonds
155
115
Water loan
40
Juiyi '94
Apr., '78
•
as
25
as
1879.*
scrip.
145
150
120
104
60
104
80
90
[Quotations by H. L. Gbaxt, Broker, 145 Broadway.]
Atesclter St. ,e Fttlton Perry—stk
1st mortgage
Broadway <t Seventh Acs—stk.,
United States..
Westchester...
Wllllamsb'g C
.
M.AN.
M.AN.
I.
Stuyvesant
May,""? 115
100
100
so
SB
SB
100
so
50
50
100
50
100
100
SB
loo
SB
50
loo
too
Star
Sterling
]
Bid. Ask.
•
Vr.
26
Republic
Kldgewood
50 1,800.000 F.AA.
20
750,000 J.AJ.
50 4,000.000 I.A J.
Va
K
liutgere'
14, 1379,
25 2,000,000
20 1,200,000
1.C0O
87!
Peter Cooper...
People's
Phenlx (Bklyni
6
July,
Amount.
Par.
100
Pacific
Gas and City Railroad Stocks and Bonds.
Gas Cohpahiis.
New York Fire
N. Y. A Boston
New York City
50
on
Niagara
North Elver....
103H
[Gas Quotations by George H. Prentiss, Broker, 24 Broad Street.
Brooklyn Gas Light Co
Citizens' Gas Co (Bkhn)
do
bonds
Harlem
f30
'
100
ISO
3H
8
SH
•79.
•78.
•79.
•79.
•79.
Merchants*
Montaulc (Bkn)
Nassaui (Bklyni)
Nations. ...
N. Y. Equitable
,
m%
SH
•79.
•79. 3
'74. Si,
•79. 3
•77. 2hi
'78. 8
as
60
25
Manuf.ft Build. 100
100
Manhattan
Mech.ATrad'rs' SB
Mcch'lcs'(Bkn) BO
50
Mercantile..
2«
•79.
30
Kings Co.(Bkn) 20
Knickerbocker 40
Lafayette(Bkn) 50
100
Lamar.. ,\
Lorlllard
4
'79.
50
100
LongIsl.(Bkn.)
July,
July, '79. 4
luly, •79. 4
July, 79. 3
10
:
4
July,
July,
Aug.
M.&.N,
•76.
'79.
•79.
•79.
50
T..
Lenox
'79. Si»
'79. 4
July,
Feb.,
104,000 J.AJ
2(19 400 J.AJ
600,000 M.AN
104,700.J.* J
The figures In this column are of date June
same date for the State banks.
'79
May,
Jan
F.AA.
F.AA.
J.AJ.
SI. 1100 J.AJ.
238.3(10 J.AJ.
41200 J.AJ.
3.17,200
1911.100
3
'79.
July,
July,
July.
July,
July,
July,
July,
82.2
109.900 .I.A J.
422,700
UK) 2.000.000
25! 412,500
20 1,000,000
1001
125,0(0
100 1,500,000
100,
100;
Seventh Ward.
M
n
2«
•79.
'79.
Howard
Importers'*
Irving
Jefferson
y, '79. 8
May, '79. 2li
F.AA,
J.AJ.
J.AJ.
J.AJ.
25
IIOi'H
108
Ju
72/00 J.AJ.
;)oo,ooo
:iiki.ikiii
Juiy,
Juiy,
July,
July,
6H
OK
100
j
May,
-•%
Home
'79. S|
132
'79. *$il
'76. 3 1101
•79. SX'llii
•
•79. 4
183
Hi
'79. 2
July,
708,000 J. A J.
141.400 J.AJ
57.000 I.A J
842.000 J.AJ.
80,700
47.500 M'.AN
700.500 J.AJ.
Gerniau-Amer. 100
60
Germanla
00
Globe
25
Greenwich
100
Guardian
15
Hamilton
00
Hanover
50
Hoffman
y, •TO. 4
May,
2.000,000
1,000.000
800,000
3,000.000
100.000
1,000,000
2,000,000
200,000
iil'o
3«
July,
II
40
50
Farragut
17
Firemen's
Firemen's Fund 10
Firemen's Tr .. 10
100
r"ranklir.AEmp
lOOX
2H
Feb.,
July.
July,
July,
17
Empire City.... 100
30
bxcoange
3H
Jan.,
July,
July,
July,
Jan.,
Brooklyn
a.-)
Eagle
235
•79.
May,
May,
May,
IB
20
70
100
SO
Columbia
Commercial ... 50
Continental.... 100
,
Aug.,
Itowery
Uroa-iway
City
Clinton
July, 79. 4
101
July, 79. 3« II.)
Feb '79. 5 188
'79.
3«
July,
8
200,000
7,107
200.000
21
400,000 1404,548
69,251
200,000
200,000
1,442
200,000
87,545
800,000 410,567
200.000
303,641
153,000
203,04 1
300.11(10
608,769
21II.IIII"
178.380
i5o,oiN
250,000
8IMI.OO0
11,126
200,01 Id
170,523
1,000.000 1,038,423
300,000
514.353
Citizens'
May, 19. 6
3K
25
100
50
Atlantic
8
'79.
Amount
100
Amity
3
79.15
1,
Par.
American
50
American Kxch 100
•79.
Juiy,
July.
J.AJ.
170,50)jM.AN
Oriental*
of
10
1,000,000
240.0110
Pac ftc
Park
5
100
J.AJ.
M.AN.
«
100
«
800
250.000
100,000
11,400
43,700 J.AJ. id
150,000
180.1K0
100.000
12
500,000 1.679.O0O
967,000 j:a j.
100 3.200.000
398
400 M.AN. iff*
600.000
7
671,200 A.AO
1,000,000
52 400 F.AA
750,000
40,000 May.
200,000
4-\100 May.
200,000
7
14,300 M.AN.
200.000
3
18,400 I. A J.
BSOJOOO
217.8
1,000.000
J.AJ. 7
loo
100 1,500,000 1,880.900 J.AJ. 11
8
50 500,000 13J.10O J.A.I.
8.700 J. A J.
100,000
£m
is
100 600.000 427,800 J A .1
8
50 2,050.000 jesajwo F.AA
Laoo J.AJ.
20 100.000
101.000 J.AJ.
100 400,000
100 500,000 888,800 •I.A J.
25 2,000,000 ll70to'l J.AJ.
Si
(18.700 M.AN.
500,000
7h
78.000 M.AN
800,000
.
West
lll-m'ly
187400
J
.
Mai.uf.AMer.*
Marine
Market
Mechanics'
Third
Tradesmen's.
Union
A
m
,
Muriay
9
July,
4W'
Fourth
...
s
i
J.
m
Klrat
Gallatin.
J.
iomoo
MSI MO
.KtlKl.
AJ.
J
10
Jan.
Adriatic
8
5
'79.
inly, •79.
July, '79. 8
July, •TV. 8
July, '79. 3X
A
340.1*11 J.
27,1)00
May.
J.
A
I.
1.000,000 1,4 1. 000
•-.ooo.ooo S.B88.800
1,000,000
180,700
821,(100
1.000.000
—
—
A
92.800 J.
himi.ooo
2.000.
_ 800,1
a
MAN.
.1.
1,252.10"
,000.1 joo
1
J.A.I.
11,3.100
2mi.(k«>
inly. •70. 3hi
DlVIDBUTDS.
Surplus,
Ask.
m.l
Last Paid.
Period 1877. 1878.
S.F8S.0 o
1.214 400
too :i.ooo,ooo
America*
Am. Exchange CXI 3.000.000
Net
Capital
5
Lint.
[Quotations by K. S. IUiliy. broker, 7 Pine street.]
•t latest
dales.
fVoL. XXIX.
101
20
86
S2X
City bonds
Kings Co. bonds
do
do
Park bonds
Bridge
"All Brooklyn bonds
Jaiuary
do
do
do
do
ao
do
A
July,
do
io
do
do
do
do
May A November,
do
no
July,
January ft
do
do
1879-lSSO'IOl
1>vS 1-1805 102
1915-1921 125
1900-1924 123
11)04 11112 121
1899-1905:112
1861-1895 103
1880-1883 103
1880-1885 101
1924
,1 13
1607-19101112
103
111
128
127
127
114X
112
108
107
115
114«
tint.
!00
75
75
100
1*6
133
101
100
VI
v, '93
104
• This column shows last dividend on etockt, bus the date of maturity
of bonds.
[Quotations by C. Zabbiskik. 47 Montgomery
Jersey Vity—
Water loan, long
1869-71
do
1866-69.
Sewerage bonds
Assessment bonds.. .187(1-71.
Improvement bonds
Bergen bonds ... ...mwuin.
St.,
jersey City.]
1895
90
January A July.
1899-1992 103
January A Juiy.
1S7S IS7H !•?
do
do
Jan., May, Julv A Kov. 1S78-1879 l!7
189 '.-94
HT
J. A J. and J A D.
117
Jannarv And Jul
1900
103
60
99
99
99
—
Jolt
:
THE CHRONICLE
19, 1879. J
I
come
into our bands during the past year, and our disposition
of the same, showing a balance on hand of $151.
"Respectfully,
Wm. H. Graham,
" W. G. BowDoni,
" Trustees of Canton Company."
Statement of George 8. Brown, Wm. H. Graham and W.
Bowdoin, trustees of the mortgage bonds of the Canton Company of Baltimore
%\xvzstmmts
AND
STATE. CITY
65
AND CORPORATION FINANCES.
G
The Investors' Supplement is published on the last Saturday
of each month, and furnished to all regular subscribers of the
Chronicle. No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular
subscribers. One number of the Supplement, however, is bound
up with The Financial Review (Annual), and can be purchased
in that shape.
J>.
To balance as per last report, May 3 1 st. 1 878
To amount received from John Herget, Jr., f rom tale of annuity
To proceeds of $75,000 bonds qf Canton Company, sold under
resolutions of board of dlreetois
$ I DO
MO
71304
$72,624
ANNUAL REPORTS.
Cr.
By purchase of Canton Company bond
No. 289, the same being
cancelled and returned to company
to trustee* of $600,000 sinking
one-flfth receipt* todate
Canton Company— Union Railroad.
By payment
{For the year ending May SI, 1879.)
The annual report says that President Harrison, in his report
of 1878, stated that henceforth the Union Railroad will discharge all its obligations without further recourse to the Canton Company, ana this prediction the experience of the -past
year more than verifies. The year's current expenses on Canton, including renewing and repairing docks and wharves,
with requisite repairs to property, will be found on comparison
reduced below the minimum of 1878.
Mr. W. B. Brooks remarks in his report " the erection of
bulkheads and piers on Port Warden's line across the mouth of
the Horse Shoe Bend, extending from the terminals west side
of Clinton street to the east side of Tenth street, would according to programme give over 5,000 feet additional frontage on
deep water and reclaim about 120 acres now submerged. This
By proceeds
fund bunds, being
of $75,000 Canton Company's bonds sold and paid
over to Canton Company
By balance, cash in hand
F
150
71 3A4
'151
$72,621
O F
&.
4928
Baltimore
May
31st, 1879.
Wm. H. Graham, t
_,.,.„
Trustees.
)
w. <;. Bowuoi.v, J
The general manager reports that the tunnel is in good condition throughout. The up-grade track in the tunnel has been
relaid with steel rails.
Bridges are in good condition and have
just been overhauled
the year. The track
they were thoroughly painted during
in fair condition, being kept well surfaced up with gravel ballast. It will probably De necessary to
;
is
lay 50 or 75 tons of new rails this year.
The large increase of traffic on the road has not taxed
its
improvement commends itself to your directors as advisable. capacity; a, regular business of 10,000 cars of freight per month
The cost is estimated in round numbers at $100,000, but your can be accommodated. If this increased traffic came as return
board contemplate the work only in instalments governed by freight to the West, our expenditures would not be increased.
the demand, restricting the outlay from time to time to such If, however, it should come in the direction of the existing
sums as our exchequer may warrant. Since our last annual traffic, from West to East, it would necessitate an increase in
meeting there has been erected another elevator, capacity 750,- our organization roll; with the exception of workmen tempor000 bushels, giving us now three elevators on Canton. The arily employed to lay cross-ties, our roll remains the same as
improvements then contemplated on the part of the Northern
Central Railway Company, to wit, a pier and warehouse 500 by
70 feet. These have been satisfactorily completed, but proving
insufficient to accommodate their patrons, the company are now
building an additional warehouse 100 by 270 feet, together with
stock pens, &c. Yet it is patent to the most casual observer
that these combined terminal facilities are wholly inadequate
to accomodate the rapidly-developing business on Canton. At
this point, in conclusion, a glance at our prospective seems
pardonable. Baltimore has always asserted natural geographical anvantages in her direct relation to the great gram-growing
centres of the West and Southwest, and ever been justly proud
of her commercial record. Never was there greater cause for
confidence and pride than the present time. Under the intelligent direction of her enterprising grain merchants, Baltimore
ls now gradually assuming position as one of the large
Grain
Marts' of this country."
STATEMENT OF ASSETS AND BONDED DEBT, MAY 31, 1879
Stock in Union Kailroad Company
$594,000
last year.
STATEMENT OF INCOME AND EXPENSES FOR THE YEAR ENDING MAT
31st, 1879:
Receipts.
Passengers
Freight
U.S. Mail
Express
Total
Received from excursions
Expenditures.
$22,544
149,514
Extraordinary expenses..
Transportation
706 Road
944 New work, extension of
line and tracks
$173,709
189
Total
Deduct new work,
Totalfrom transportation $173,899
Increase over last year.
$191
18.276
17,083
2,039
$37,594
ties
and
steelralls
$45,09»
5,964
$31,609
Deduct amount ree'd labor,
water, telegraph
2,138
Net cost transportation... $29,471
'
:
pany:
The Canton Company of Baltimore was organized under a charter
granted by the State of Maryland in the year 1828. It Is a real estato
company possessing the power to purchase and hold not exceeding ten
thousand acres of land, to improve the same by laying out streets,
Bills receivable, rte.:
Union Railroad Company,
Union Railroad Company,
for land
for loans
$200,000
480,836
61
Personal accounts settled by note
Personal accounts unsettled
Stock in Chemical Company
Annuities, value ® 6 percent
Cash
in
686,897
14,301
12,500
580,940
23,304
bank
Sea., to build factories, stores, dwellings, Ac., and to lease, sell,
any portion of said lauds for manufacturing purposes, or any
wharf, house or other building or improvement, to be used in carrying
on any lawful trade or business authorized by the laws of this State.
The original charter limited the capital stock to 20,000 shares of $100
each, $2,000,000. An amendment to the charter in 1842, after 12,500
shares had been subscribed, and $65 per share—$81 2.500—had been paid
in. faced and limited the number of shares and the par value of each at
these figures. In 1853 another amendment to the charter was obtained,
authorizing the issue to the stockholders of four shares for one, which
increased the number of shares to 50,000, without enlarging the
capital stock, but in effect making the par vpIiio of each share $16 25.
In 1858 still another amendment was obtained, which authorized the
company to purchase its own stock, but withholding the power to
re-issue the same. Under this authority the company bought and cancelled 5,700 shares at a cost of $155,710. The whole number of shares
outstanding at this present time is 44,300 at $16 25 per share. $717,875. The stock of the Canton Company has sold as high as $1 10 per
share, and is now selliug at about 40, which, considering the par Is only
$16 25 and as there is no prospect of a dividend, is apparently high
enough. The real estate of the Canton Company consists of 2,500
acres of land, partly within the limits of the City of Baltimore and
adjacent thereto in Baltimore County, including a water front of 17,213
feet 4,373 feet of which bind upon the Inner harbor of the city.
portion of this valuable water front is well improved, and yields a rental
of about 20 dollars per front foot. A large portion of the company's
property within the city is improved, warehouses, stores, factories and
dwellings have been built and reuted, a large number of ground rents
have been retained by the company when the improvements have been
sold. Of course it has taken a great deal of money for all these imwrovements, and for that purpose, and also to assist the Union Railroad, the
company have Issued their bonds to the amount of $1,711,000, and are
authorized to increase this amount up to $3,100,000. They have also
endorsed and guaranteed the bonds of the Union Railroad to the amount
of $1,500,000. One-ttfth of all the sales of the Canton Company's property is paid over to the trustees of the Canton Company sinking fund, to
be applied to purchasing and cancelling the sterling bonds, issued under
Act of 1872 (up to this time $25,000 sterling bonds have been bought
and cancelled), and the bnlance four-fifths is paid over to t lie trustees or
he first mortgage gold bonds, to be applied to the purchase and cancellation of these bonds. (Up to this time $38,000 Canton Company s gold
squares,
&c.,
$1,912,004
Sinking Funds, vU.:
1st Mortgage Union Railroad Compauy bonds
2d
do
do
do
Canton Company sterling bonds
do
do
Gold bonds
$358,586
215,013
29,755
151— 603,506
$2,515,511
Indebtedness:
Sterling bonds
Less cancelled
Gold bonds
Less cancelled
$600,000
25,000— $575,000
1,111,000
38.000— 1,073,000— $1,618,000
TRUSTEES' REPORT OP CANTON COMPANY'S BONDS
"We, the undersigned, trustees of the Canton Company's
Mortgage Bonds, would respectfully report that since our last
statement, May 31st, 1878, we have from time to time, under
the authority of the resolutions of your board, disposed of the
mortgage bonds of your company to the amount of $75,000,
the full proceeds of which, amounting to $71,394, we have
handed over to Mr. AValter B. Brooks, President, to meet the
requirements of your company.
"
have also purchased one $1,000 mortgage bond of the
Canton Compauy (No. 289), and, having duly cancelled the
same, have returned it to Mr. Walter B. Brooks, President, in
accordance with our agreement with your company as to the
investment of any funds arising from the sale of land, annuities, &c.
"This makes an aggregate of $38,000 of these bonds purchased
and cancelled by us since the execution of the deed of trust,
thus leaving $1,073,000 bonds now outstanding under this mortgage.
" We have also paid over to the trustees of the original $600,000 sinking fund bonds of the Canton Company $150, being oneflfth of all of our receipts to date other than the proceeds of
bonds as above stated.
" We submit herewith our statement of the funds that have
Decrease under last year
$471
Messrs. John A. Hambleton & Co. of Baltimore give in their
circular the following remarks in relation to the Canton Com-
:
—
We
A
t
)
bonds have been bought and cancelled). Tho Canton Company bunt
the Union Railroad, ft was a very expensive undertaking on account
of the tunnel under Uic city. The Union Railroad connects the tracks
of the Northern Central, the Baltimore & Potomac and the Western
Maryland Railroads with tide-water at Canton. The business of the
Union Railroad has increased wonderfully of late. Three large elevatne
tors have been built at Canton, and they are not sufficient to hold
immense qunntitv of grain which is coming over the Northern Central
content
Road from the West. The Northern Central Railroad is now
:
:
THE CHRONJCLE
<><>
Company up to
of the fourth elevator. The Canton
Mln* the building
given to the
(in addition to the assistance
llge.
last year wu, obliged
coupons
the
to
pay
advanced)
money
of
iape
Dillon Railroad In th »ha|
lis
Thojart
VuTo'n^lfoail .l)»i.<> which tfiev had endorsed. _
BM
[Vol.
It is
now proposed
River,
and thereby
XXIX.
to complete the road to the Big Sandy
establish continuous direct connection
between the railroad system of the Virginias and that of Kentucky, aud open a new and more advantageous outlet to the
seaboard than now exists for the products of the southern and
western portions of the Ohio Valley, and the States bordering
on the Mississippi River. The length of read to be built is
88% miles. Its route lies through a thriving, settled country,
and nothing in the character of the work prevents it from being
completed within one year. The resources of the company for
"to" the advantage at the «»m&*
dlVv'ct'i.'.u'in.iM'tc'ii
25??!?
"1, '," thatthe future. The report of the President of the Canton Com- construction are as follows Capital stock, other than that
r?"»- ".....
i_„.,.i
,„.i >. hliA the present earnings of the eoniFirst
issued to counties, towns, and others, say $3,000,000.
shows a
stock hollers it si
thc stockholders,
This company is authorized to issue $3,500,{.any are not Immediately remunerative to the
of the mortgage bonds
report
The
satisfactory.
very
may
prove
Future value which
000 in its first mortgage, thirty-year, six per cent bonds, of
company Is for the Baeal year ending May 31st, 1379.
which $1,000,000 will be reserved for equipment and other pur-
the
interest on its bonds for the flint
the CntoB Railroad earned the
us that if business oonttnoeaai
time, and now the President I"'"™"*
car
:
i
i
—
GENERAL INVESTMENT NEWS.
Eoses, leaving available for new construction $2,500,000. Aid
onds The company is to receive $50,000 in bonds from each
of the counties of Clark and Montgomery when trains of cars
run between Lexington and the Big Sandy River. Much of the
—
American Union Telcgraph.-In building its lines, this
as
company lias met with opposition from the Western Union,
secured, and it is believed that the reCompany right of way has been
was reasonably to be expected. The Western Unioninjunctions
mainder will be donated, as the owners of land along the line
for
Louis
St.
at
and
Ind.,
•applied at Lafayette,
in granting the right of way for
Wabash will not be likely to hesitate
restraining the company from building lines along the
an improvement that must so largely benefit them.
LafayAt
railroads.
Northern
&
City
Kansas
is
and the St Lon
Taking Lexington as the common centre, as it will be for a
a hearette a temporary injunction was issued by the court, and
vast area around it westward and particularly southwestward,
was
injunction
Louis
the
at
St,
July
31;
for
down
set
ing was
the following will show the advantage in distance the Big
refused. It was claimed in the latter case, by the Western Sandy route will have over the more northerly trunk lines to
Union Company, that the building of the new line was a viola- the Atlantic ports
and
Milec
tion of the contract made in 1870 between that company
082
the St. Louis Kansas City & Northern Railroad. In refusing to Lexington to New York, via Lake Shore and N. Y. C. RRs
0«O
quesW.and
Erie
RRs
Lexington
New
York,
via
A.
&
O.
to
grant a preliminary injunction, the court is said to have
707
Lexington to Philadelphia, via Pennsylvania RR
of
officers
tioned the validity of the contract. It is claimed by
US8
i.i icuigton to Baltimore, vtft Baltimore & OhioRR
550
the American Union Company that these obstructions will cause LexfngtOD to Richmond, via B. S. and Ches. & Ohio RRs
.only slight delay in the completion of its lines.
Difference in favor of the Big Sandy route, 138 to 432 miles.
In order that the Chesapeake & Ohio Railway, in view of the
The Chicago Tribune disAtchison Topeka & Santa
summary of the establishment of this connection, may improve its decided
Satch of the 14th instant gave the following
"Justice Miller announced advantages, as compared with the other trunk lines, both in
eiisiuii in the pending litigation
chief markets of the West and
the views of the Court upon the question at issue. After giving respect to distance from the
to ocean
general retutne of the litigation, he said that the Court was Southwest, and to terminal facilities and accessibility
company to extend its
firmly convinced that the appointment of the receiver was a navigation, it has been decided by that
proceeding in collusion, for the purpose of frustrating the eastern terminus to a point on the deep waters of the Chesadistant from the
•order of restitution which was about to be entered against the peake Bay nearly opposite to and not very far
Rio Grande Company. The case did not warrant the appoint- outlet, where its harbor and transfer privileges will be without
ment of a receiver, and Justice demanded that he be discharged. rival so that by this route shipments will not only have the
The receiver was thereupon directed to return possession to the advantage of tl'ie shortest haul by rail, but can be more econparty from whom he received it namely, the Rio Grande Com- omically transferred to shipboard than at any of the other
pany. The latter company must restore possession to the trunk line ports, and as near the main ocean as at New York,
Atchison Company, by an order to be entered in the suit of the 100 miles nearer than at Philadelphia, and 160 miles nearer
Attorney General. In the Grand Canon case, the Court, after than at Baltimore and at the same time both the route itself,
deciding in conformity with the Supreme Court opinion that and its terminal waters, will be always free from ice and winter
.the Rio Grande had the prior right to select its location to rigors.
This company has recently contracted with responsible parLeadville, unless by the lease it had transferred that right to
the Atchison Company, whiclf was a matter yet to be deter- ties for the completion of its important line of road. The work
mined, the line to Leadville must be considered an entirety, is to be commenced at once, and the party contracting to build
and if the Rio Grande is permitted to occupy the other side it is to receive payment in the securities" of this company, on
condition that $1,200,000 of its first mortgage bonds shall be
,-of the river, it must pay for the entire grade to Leadville.
commission of engineers is appointed to report this and other subscribed for at not less than 97% per cent.
Messrs. Fisk & Hatch, No. 5 Nassau street, have issued a
matters, and until further orders no work is to be done upon
the line by either company, everything regarding that to re- circular " to all having an interest in the securities of the
Chesapeake & Ohio Railway Company." In this they say that
main at a standstill."
The following press despatches indicate the course of affairs " holders of the securities of the Chesapeake & Ohio Railway
Company are personally interested in the success of the effort
subsequent to the above
Denver, Col., July 15. In the United States Court this morn- now being made to place the road in the position which it was
ing Judge Hallet refused to hear the motion made by the coun- originally designed to occupy, and which will give to its securi*
*
*
sel for tne Denver & Rio Grande Railroad Company to vacate ties the permanent value which they ought to have.
the restitution order of June 25. Both Judges Hallet and Mil- The New York Central and the Pennsylvania railroads each pay
ler administered a severe rebuke to the Rio Grande Company interest and dividends on nearly $130,000,000; the New York
for their past course in this case, and told them they were'in Lake Erie & Western bids fair in time to do the same on a still
•contempt of Court.
larger amount; the Baltimore & Ohio is crowded with an enorDenver, Col., July 16.— By order of the United States Court, mous business, while its $60,000,000 of stocks and bonds are
the Rio Giande Railroad Company to-day delivered possession considered as among the best investments in the country. The
of the constructed line to the Atchison Topeka & Santa Fe Chesapeake & Ohio, with its splendid location in a climate
Company, but immediately demanded the return of the road neither too hot in summer nor too cold in winter for the safe
en the ground of forfeiture of the lease, and filed a bill in court and uninterrupted transportation of merchandise and products
for cancellation of the lease, stock and agreements deposited in of every sort, has to earn interest on less than $30,000,000 of
Boston, and for the return of the road, claiming that the At- bonds to make it a success, so far as its bondholders are conrhisi m Topeka & £ anta Fe Company had violated the conditions cerned." * * *
" The plans for connecting the Chesapeake & Ohio Railway
on which they were signed and placed in escrow. A motion for
immediate injunction, pending litigation, will be heard Monday. with the railroad systems of the West, and for perfecting it as a
Judge Hallet said the case would be regarded as an original great central through line, the importance of which to the
application for injuction, regardless of recent litigation.
future of the road you have well understood and appreciated
Chesapeake & Ohio Railroad— Elizabethtown Lexington & from the beginning, have at last been fully organized, and all
their early completion is a
"Big Sandy
Mr. A. L. Reid, No. 9 Nassau street, President of that is now requisite ,to ensure
the E. L. & B. S. Railroad Company, issues a circular from prompt subscription for $1,200,000 of the first mortgage bonds
of the Elizabethtown Lexington & Big Sandy Railroad Company.
which the following is condensed
"We doubt if those interested in so large and valuable a
The Elizabethtown Lexington & Big Sandy Railroad Company
property, lying comparatively dormant for want of improveis a corporation chartered in Kentucky to construct, maintain
and operate a line of railroad between the Big Sandy River, at ments so vital to its development, and yet requiring so little for
their attainment, have ever before had presented to them the
its confluence with the Ohio, and the ciries named in the title
At the Big Sandy, which forms the boundary line of Kentucky opportunity to realize so large returns from the investment of
and West Virginia, it will connect with the Chesapeake & Ohio so small an amount." * * *
"TERMS OF SUBSCRIPTION:
Railway, leading to Richmond and the tidal waters of the
Chesapeake Bay. At Lexington connection will be made with
" The price of the bonds is fixed at 97%. A payment of 17%
the Louisville Cincinnati & Lexington Railway, leading to per cent will be required at the time of subscription, for which
Louisville and points further West and South; also, with the the subscribers will receive a proper certificate. The balance
Cincinnati Southern for Chattanooga and points beyond in the of the amount will be payable in installments as called for, dur:South and Southwest, as well a? northward to Cincinnati and ing the progress of the work, not exceeding 10 per cent
beyond; also with the Kentucky Central Railroad for Cincinnati monthly. Interest will be allowed on all payments, from their
Maysville and intermediate points in Kentucky. Thirty three date, at the rate of 6 per cent per annum. When the final
.and a half miles of the road are built and in operation
from installment is called for and paid, the bonds will be issued and
Lexington eastward to Mount Sterling.
the interest adjusted to that date. The bonds are of the denom.
Fc—
:
a
;
—
;
A
—
—
:
—
—
:
July
THE CHRONICLE.
10, 1879.]
67
ination of $1,000 each, payable to bearer, or registered in the
of the owner, as desired; dated March 1st, 1872, and payable thirty years after date, with interest at the rate of six per
advantage of its option of paying off the stock for five yearn
from date, in consideration of a reduction of the guarantee'
from 10 per cent to 7. This will reduce the fixed charges of
cent per annum, payable March 1st and September 1st, in the the .-high Navigation Company by $39,000 and taxes th.-r.-on
secured
first
by a
mort- Tins, with a saving of $70,000 by the reduction of the rent
City of New York, m gold coin, and are
of
gage on the entire property of the company, including the 33% the Delaware Division Canal, amounts to about $110,000 reducin
operation.
The
trustees
already
of
finished
road,
miles of
tion in the fixed charges, or a saving of more than 8 per cent in
the mortgage are P. C. Calhoun (President of the Fourth the total annual disbursements of the company.
National Bank) and George I. Seney (President of the MetroLouisiana's State Debt— The Constitutional Convention
politan National Bank). Subscriptions will be received and full July 17, after a long debate, adopted
an amendment t" tha
information given at our office, No. 5 Nassau street".
State debt ordinance, fixing tb,e rate of interest to be paid on:
Chicago Burlington & (Jiiincy.— It is reported from Des consolidated bonds at 2 per cent for five years, 3 per cent for
Moines, Iowa, that the Knoxville Branch of the Chicago Bur- ten years, and 4 per cent thereafter; the interest tax to bo 2#
lington & Quincy is to be pushed through to that city, and this mills, with a limitation to 5% mills for all State purposes for
track laid with steel rails, when through trains to Chicago will live years, and 3 mills interest tax thereafter with a limitation
be run in competition with the Chicago Rock Island & Pacific. to 6 mills for all State purposes. An effort will be made toThe gap from Albia to Moulton will then be laid, which will morrow to carry a proposition allowing the holders of consols
give a St. Louis connection by way of the St. Louis Kansas to convert them into small currency bonds bearing 3 or 4 per
name
I
City
cent interest.
& Northern.
—
New Vork Boston & Montreal.— A suit has been brought laDenver Pacific. In the suit of Carlos S. Greeley against the
Denver Pacific Railway and Telegraph Company, ana the cross the Supreme Court in the name of John Cooke, of Yorkshire,
England, against the stockholders of the New York Boston &
bill by Governor Evans and others against Greeley and the
railway company, the court discharged the receiver and Montreal Railway Company and others. The suit is brought to
ordered the road to be turned over to the trustees of the bond- rescind the sale of the company's bonds to the plaintiff and
others, on the ground that such sale is fraudulent. Among the
holders, Governor Evans and A. G. Dulman.
defendants are several bankers of New York City and parties
District of Columbia. Bids were opened at the Treasury
—
Department, Washington, July 12, for the remainder of' the 5
per cent District of Columbia refunding bonds, amounting to
$466,000. Messrs. George William Ballou & Co., of New York,
bid for the entire amount at 101 1-16 ; Messrs. Riggs & Co. bid
for the whole amount at 100-66, and Mr. John J. McKutchen
bid for $4,700 at 105. Several bids for small amounts were also
received. Messrs. Ballou & Co. get the full amount, with the
exception of the $4,700 bid for by Mr. John J. McKutchen.
Hoosac Tnnncl.— The executive council of the State of
Massachusetts held a meeting, and adopted the agreement
relative to the difficulty between the State and the Fitchburg
Railroad, in regard to freight and passenger tariff over the
thirty-seven miles of the State's road. Following is the full
text of the document:
Ordered, That the manager of the Troy & Greenfield Railroad and
Hoorho Tunnel lie authorized to execute the following agreement with
the Fitchburg Railroad Company
It is agreed between the Governor and council and the Fitchburg Railroad Company that three arbitrators shall be chosen by mutual agreement of said parties that the present tolls for the carriage of freight aud
passengers by said railroad company over the thirty-seven miles of the.
State's road now operated by said company shall remain in force, except
that said arbitrators shall consider and by a majority thereof determine
what rebate, if any, will enable the said company to operate said thirtyseven miles of said rood without loss, including therein all expenses
properly chargeable to such operation the time covered by said arbitration shall be from April 1, 1879, the date of said company's last settlement and payment of tolls into the treasury, to January 1, 1880, tha
Governor and council being advised that they have no authority to consent to any agreement directly or Indirectly taking from the State treasury auy money from tolls already actually paid into it, and that sueh
authority is alone in the legislature. Said rebate so determined shall be
allowed to said company, but in any event no rebate or allowance shall
be so great as to bring the amount of tolls paid to the Commonwealth during the present calendar year less than the expenses incurred by it during that time in the operation and maintenance of said 37 miles, except
such expenses as it may incur over aud above 37-44ths of the $80,
428 34 expended b3r the Commonwealth in operating its road for the
year ending September 30, 1878, it not being intended to subject said
railroad company to the risk of making the State good against the possibility of unreasonable operating expenses aud maintenance on the part
of said State, and hose oi last year being regarded as a fair basis. But
it is understood and agreed that in no accounting between the Fitchburg Rail road Company and the Common wealth shall the money be paid
into the treasury of the Commonwealth up to April 1, 1879, by said company, be in any way reduced or impaired. It is also agreed that in ease
auy other railroad company shall enter upon and perform any business
over that portion of the Troy & Greenfield Railroad run by the Fitchburg Railroad Company, said other railroad oompany shall aeeount for
its proportionoi the amount to be returnedas above, to be determined in
ease of disagreement by said arbitrators, said reduction or rebate to be
continued after January 1. 1880, until one month's notice by either
party, or until action in the matter by the legislature. It is further
agreed that said arbitrators snail at once decide, as near as they can,
what expense-, an accurate account of which shall be kept and rendered, will be considered in the matter of eost, and upon report thereof
the manager Is authorized to allow said oompany to return sueh a percentage of the gross earnings as heretofore made up as may be sufficient
to cover the rebate. It any, until the award of the arbitrators is made,
and the balance shall then In- adjudicated between the parties. In ease
said manager ami said company cannot agree on the amount of said percentage to be so returned, it shall be fixed by said arbitrators.
:
;
;
1
Kansas City Air Line Railway.—On July 5 there were filed
County Recorder's office at Springfield, 111., articles of
incorporation of the Kansas City Air Line Railway Company,
the object of which, it is stated, is to build and operate a railroad from some point on the line of the Chicago & Alton Kailroad, at or near Roodhouse, Greene County, passing through
the counties of Christian, Sangamon and Macoupin. The capital
stock is $600,000, and the principal office will be located at
Springfield. The road is expected to form an important link in
the east and west routes.
Lawrence & Southwestern. It is reported that this road
has been sold to the Kansas Pacific. It was consolidated with
the St. Louis Lawrence. & Denver, forming, the St. Louis Lawrence & Western. When that road was sold under foreclosure
some two years ago, the section east of Lawrence was bought
by the Atchison Topeka & Santa Fe, but the Carbondale line
was not included in the purchase, and it has not been operated
in the
—
since.
engaged
in railroad enterprises.
It is alleged in the complaint
that the principal defendants were creditors of the insolvent
New York & Boston, Dutchess & Columbia and Harlem Extension railway companies; that, for the purpose of relieving themselves from the pressure caused by the insolvency of these
companies, they concocted the scheme of making in London and
other European cities, where these companies were unknown.,
a temporary* loan upon the pledge of such securities they held
for whatever they could get upon them; that simultaneously
they agreed to exchange such securities for a new railroad
bond to be devised by them, and to be secured by a new and
first mortgage upon the alleged consolidated property of the.
railway companies; that in carrying out this alleged combination and conspiracy the defendants assumed to De a railway
corporation, under the name of the New York Boston & Montreal Railway Company; that they prepared and circulated an.
untrue and deceptive report as to the prospects of the pretended,
road, &c, &c. A decree is asked by the plaintiff that he and
the others whom he represents be re-paid the amounts they
have paid for their bonds.
Northern Pacific— In April hist the directors of the Northern Pacific Railroad called tor two million dollars to build the
line from Bismarck to the Yellowstone, 205 miles.
The entire
amount was taken up by the stockholders, and 130 miles will be
completed this season. The rapid development of Washington
Territory has induced the directors to begin construction from
Columbia River eastward to Pend Areille Lake, 200 miles.
They issued a circular in June, calling for an additional
$2,000,000. The subscription closed this week, some two hundred thousand dollars more than the entire amount having been
taken by stockholders. Construction will begin as soon as theline
can be located.
Ohio
&
Mississippi.
—John King,
Jr.,
Receiver of the Ohio
&
Mississippi Kailroad, has filed in the United States Circuit Court
the following statement of accounts for the month of June
KECEI1TS.
From station agents
$236,878
From conductors
*,HOS
From individuals, railroad companies, etc
15,545
From Adams and American Express companies
Balance July
712
2.«90
l
$310,233
Total
Disniusi MhNTS.
Balance June 1
Vouchers subsequent to November, 1*70
$1
Pay-rolls
107,987
l
I.
--'>"
-
$310,233-
Total
Louis Republican, of the 1st inst.. says "In regard
to the default of the interest due. to-day on the Ohio & Mississippi first mortgage bonds, of which the lirst statement was
published in the Republican last week, it may be further stated
that the courts have forbidden the payment and have ordered
that any sums reserved for this purpose shall be directed toward
cancelling one, at least, of the $150,000 loans which the company has made under the pledge of Springfield Bonds.' Therewould still remain, however, a second $150,000 loan made uponthe same kind of collateral, and the presumption is that this
would also be required to be liquidated before any payments of
interest would be permitted upon outstanding bonds.'
Pacific Mail.— A judgment in favor of the city was rendered
April 28, by the Supreme Court of the United States, on a writ
of error brought by the Pacific Mail Steamship Company. The
jiulfrinejit amounts now to $138,925 and remains unsatisfied.
The city holds a bond in $350,000 for the payment of the tax,.
but it was said that no effort had been made to collect the debt
from the bondsmen. The bond was executed October 18, 1876,
and was signed by members of the Board of Directors and
by the President of the Panama hailroad Company. The
bondsmen are William P. Clyde, Trenor W. Park, Charles G.
Miller, Andrew Boardman, Edward A. Quintard, Charles H.
The
St.
:
'
Lehigh foal & Navigation Company,—The Philadelphia Mount and Thomas J. Owen, Jr.
North American states that contracts have been signed between
The signers of the bond given to the city were secured by a
this company and the Nesquehoning Valley Company, by mortgage on either the steamship Tokioor Peking, the other
which the Lehigh Navigation Company agrees not to take having been mortgaged to secure an unpaid indebtedness of
:
THE CHRONICLE
63
The remain-
about $300,000 to the Panama Transit Company.
to the Panama
in* vessels of the company were transferred
of that company.
Railroad Company to secure the liabilities
July 17
Pennivlranla State Bonds.— A press despatch of
explained
mts "The 8ii pposed over-issue of State bonds is fully
committee, of the coupon
by the discovery, by the investigating supposed heretofore not
book kept in the State Treasury, but
appears that $5,000 000 in
to have existed. By this book it
of the. date
K-nds were issued of the date of 1852 and $500 000
These bonds were placed in the hands of the Otirara
of 1853
given to J.
Bank and $5,400,000 returned as sold, and a receipt
ine
$100,000.
Bailey, State Treasurer, for the remaining
remained in the Treasury until 1858, when Henry S.
receipt
fore asks to be allowed to
come
in
and protect his
XXIX.
interests,
and
help in pushing the litigation to a close.
Application was made to Judge Drummond, and after some
argument an order was made refusing the petition for the
present, but without prejudice. It was, however, ordered that
all the testimony taken by witnesses shall be closed by the first
Monday of September, and the Master shall make his report
thereon by the 1st of October. Charles P. Lotting, of 52 William street, is to be appointed special examiner, and any of the
parties in interest before the Court shall have the right within
the time designated to take testimony before him touching the
subject matter of controversy, subject to the 67th rule in
equity.
'
return of the
Matrraw, then State Treasurer, demanded the
instead of the
bonds. The bank, or its president, returned,
the bonds orIMS,
tx.nds of 1853. $28,000 in money, $51,000 of
$100,000.
and $21,000 of the bonds of 1852, making a total of
not
The Auditor General's office at that time appears to have but
noted the fact that $21,000 of the bonds were dated 1852,
of 185J
credited them to the loan of 1853, thus making the loan
and
$D 000,000 and 1853 $426,000, instead of 1852 $4,979,000
Tims the apparent over-issue is simply more
jsfiii *44!»,0OO.
one amount
of the issue of 1853 and less of the issue of 1852,
[Vol.
in
—Notice is given that the Farmers' Loan & Trust Company
New York will pay on and after July 21 the sum of $21 92
on each $1,000 Eastern Division bond, $21 68 on each $1,000
Western Division bond and $13 14 on each $1,000 Burlington
Division bond. The sums are equivalent to the interest which
would have fallen due April 1 on the new bonds to be issued
under the plan of reorganization
balancing the other."
Washington City Vireinia Midland & Great Sonth.—
Orange & Alexandria. The committee appointed at a meeting
of the bondholders of the W. C. V. M. & G. S. RR. on June 26
held a meeting on July 11, and adopted a report upon a scheme
for reorganization, modifying the., original scheme in eleven
—
Peoria Pekin & Jacksonville.— A press despatch from points, as follows
" General W. Swayne, solicitor of the
First—The interest on the first and second Orange & Alexan111., July 10, says:
Wabash Railway, filed a petition in the Circuit Court, to-day, dria from July 1, 1879, to July 1, 1880, is to be funded in the
of new bonds to be issued.
asking for the removal of John Allen from the receivership
in the
Second Interest on the third Orange & Alexandria is inthe Peoria Pekin & Jacksonville Railroad. It is done
also creased from 5 to 6 per cent after the expiration of five years.
interest of parties owning the P. P. & J. bonds, and who are
The interest on the fourth Orange & Alexandria
JL'hird
interested in the Wabash."
bonds is reduced from 4 to 3 per cent for the first ten years, 4
Advertiser
Boston
Ogdensburg.—
The
&
Rome Watertown
per cent for the next ten years, and 5 per cent for the remaining
Bays: " It is reported that negotiations were concluded on Wedtwenty years.
and
Ogdensburg
Watertown
&
Rome
the
between
nesday
Fourth—The mortgage to be made to secure the new bonds,
across
bridge
for
building
a
Companies
Railroad
Western
Great
issued in lieu of the Orange Alexandria & Manassas and Manassas
the Niagara river at Lewiston, with a capital of $1,000,000.
Peoria,
—
—
be 300 feet long, and will cost $300,080. A new
independent of all existing competing roads,
and particularly of the New York Central, will thus be opened,
and the Rome Watertown & Ogdensburg Railroad becomes an
It' connnects
important link between west New England.
with the Vermont Central at Rouse's Point, and thence with
Boston and all northern New England."
The bridge
east
will
and west
line,
St. Francisvllle & Lawrenceville.— Articles of incorporation of the St. Francisville & Lawrenceville Railroad Company
have been filed in the office of the Secretary of State of IlliThe company has a capital stock of $100,000, and its
nois.
object is to construct and operate a railroad from a point at or
near St. Francisville, Lawrence County, 111., to a point at or
near Lawrenceville, in the same county, the principal office
of the corporation to be situated at Cairo, ID. J. Pierpont
Morgan is President, and the directors are Charles E. Tracy,
of New York; W. P. Halliday, Roswell Miller and F. W. Fitch,
of Cairo, 111.
:
—
St. Panl & Pnlnth. At a meeting of the board of directors
of this road, held in Philadelphia July 17, Messrs. George
Whitney, Edward W. Clark, Edward A. Rollins and Charles
H. Clark resigned from the board of directors on account of
having parted largely with their interest in the road, and to
created there were elected Messrs.
fill the vacancies thus
David Dows, R. P. Flower, Jeremiah Milbank and Peter Geddes, of New York, who, with John P. Isley, President, and Wm.
H. Rhawn, Vice-President, of Philadelphia, James Smith, Jr.,
and John Q. Adams, of St. Paul, and Charles H. Graves, of
Duluth, constitute the present board of directors. The road
will be operated independently, as heretofore, and will not be
controlled by the Chicago & Northwestern, as was erroneously
reported.
Tennessee Bondholders.—Nashville, Tenn., July 15.—
Attorneys for holders of Tennessee bonds have filed a bill
against the Nashville & Decatur Railroad, praying for an
injunction to restrain the Louisville & Nashville & Great Southern Railroad from paying interest on the stock of that road, as
they are pledged to do by lease, until the case is disposed of.
The suits of the Northern holders of Tennessee bonds against
the various Tennessee railroads will be heard by Judge Stone at
the request of Judge Swayne, who was to have heard them, but
who has gone to Europe.
bonds, is to cover all the interest of the new company in
the lease of the road from Strausburg to Harrisonburg, made
by the Baltimore & Ohio Railroad Company, thus pledging the
rental of that road to the payment of the interest upon this
class of new bonds.
Fifth The interest upon the new bonds issued in lieu of the
Lynchburg & Danville bonds is at the rate of 4 per cent for
eight years, instead of that rate for five years.
Sixth The first preferred stock is to include half of the interest to July 1, 1879, upon the fourth Orange & Alexandria bonds
and half of the principal of the second Orange Alexandria &
Manassas bonds and half of the interest thereon up to the same
date, in addition to the three items of interest which, by the
original scheme, constituted the first preferred stock. The
second preferred stock is reduced by the amounts thus transferred to the first preferred stock. The preferred stock is to
receive an 8 per cent dividend instead of a 6 per cent, but 4 per
cent is to be paid to the first preferred stock, and then 4 per
cent to the second preferred stock, and the residue of any one
year's dividend is to be divided equally between the two classes
until each receives an 8 per cent dividend.
Seventh The common and preferred stock of the companies
is to be represented by stock in the new companies upon a basis
of $100 stock of the new for $500 of stock of the old companies.
Eighth All interest upon interest of coupons is stricken out
of the scheme.
Ninth The new road to be constructed by the Charlottesville
& Rapidan Railroad Company, from Charlottesville to Orange
Court House, is to be covered by all the mortgages except the
mortgages to secure the new bonds issued in lieu of the Lynchburg & Danville bonds.
Tenth The new company is to assume the lease of the
Franklin & Pittsylvania Railroad Company , and all interest in
the lease is to be covered by a mortgage made to secure the
new bonds issued in place of the Lynchburg & Danville bonds.
Eleventh The trustees are authorized to borrow such sums
of money as may be needed for the purchase of the road and
the other purposes of the trust upon the credit of the property
which they purchase. Vacancies in the board are to be filled
by the trustees.
Gap
—
—
—
—
—
—
—
—Attention
called to the card of Messrs. James M. Drake &
and 22 Drexel Building, Wall street, New York.
"
Toledo Peoria & Warsaw.— The Chicago Tribune reports This firm is well known in the street," Mr. J. M. Drake having
for upwards
that in the cas? of Secor & Tracy vs. The Toledo Peoria & War- been a member of the New York Stock Exchange
saw Railroad Company, Charles E. Whitehead has filed a peti- of twenty-seven years, and giving his personal attention to
and
sell railroad
business intrusted to the firm. They buy
tion, stating that, as agent and trustee for various parties
and all other
chiefly residing in the Netherlands, he had received 802 of the bonds and stocks, IT. S. Governments, State, City,
consolidated mortgage bonds of the railroad. About the 13th negotiable securities, on commission. Investors and others are
of June, 1877, the holders of the various mortgage bonds formed invited to give the firm their orders.
The stockholders of the St. Louis & San Francisco Railway
a plan for reorganization, and appointed a purchasing committee of H. J. de Marez Ovens, M. K. Jesup, R. C. Martin, W. L. Company by more than a two-third vote, at St. Louis,
Putman, and Henry HiU, who were directed to go on with the approved the purchase of the Missouri & Western R. R. and
foreclosure suit and push it to a decree, buy in the property
also the building of the St. Louis & Wichita Road— a distance
and reorganize the road. A first mortgage for $4,500,000 was of 140 miles from Oswego to the latter point. This will connect
then to be issued to take up the Eastern Division bonds to the the St. Louis & San Francisco with the Atchison Topeka & Santa
amount of $1,600,000, the $1,800,000 of Western Division bonds Fe at Wichita, and give the St. Louis & San Francisco Co. a
and $250,000 of the Burlington bonds. A second mortgage line of about 600 miles of road. The Missouri & Western Road
was also to be made for $3,900,000 with which to take up the is already completed, equipped and in operation.
consolidated bonds. Since that time, however, the committee
The Homestake Mining Co. promptly announces its divihave been very slow in pushing matters, and have wasted time dend for June (No. 7) of 30 cents per share, payable at Wells,
in taking evidence on collateral issues. Mr. Whitehead there- Fargo & Co.'s on the 25th. The transfer books close to-day.
is
Co., bankers, 21
—
—
:
July
If.,
.
—
—
:
.
THE CHRONICLE
187!) ]
(59
OOTTO N.
FniDAT. P. M.. July 18, 1879.
Crop, as indicated by our telegram*
from the South to-night, is given below. For the week ending
this evening (July 18), the total receipt* have reached 2.809
bales, against 8,03'J bales last week, 3,037 bales the previous
week, and 0,293 bales three weeks Bince; making the total
receipts since the 1st of September, 1878, 4,430,881 hales, against
4,252,333 bales for the same period of 1877-8, showing an increase
since September 1, 1878, of 178,048 bales. The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:
Tub Movement op the
COMMERCIAL EPITOME.
Friday Night, July
18, 1879.
week has been notable as a period of intense heat
in various parts of the country, followed by destructive storms
the excessive heat and the storms being alike attended with
Tlie past
—
Yellow fever has again appeared
life.
Memphis, and much alarm is felt lest it shall become epidemic in Southern cities. Business has suffered from all these
causes and the recurrence of yellow fever has tended to unsetGenerally speaking, howtle prices of cotton and provisions.
ever, trade is very fair for this season of the year, and confi-
considerable loss of
at
dence
in the
future
is
1879.
and Western,
51
23
2,809
3,782
3,676
5,042
1,656
Florida.
Carolina
Norfolk
City Point, <tc
J» ortli
Total this
week
.
Total since Sept.
-
.
1.
1
47
759
38
218
108
on the part of
heavy supplies ere the yellow fever become more disastrous.
The eagerness to sell caused some activity in transactions.
To-day, there were further declines and much irregularity:
new mess pork sold on the' spot at $8 90@9 25; August options
were sold at $8 75, and September at $8 90@8 95. Lard sold on
the spot at 6 05c. down to 6c. for Western for future delivery,
sales of July at 6@5 97^c, August 6-02^@5 95c., September at
6*10@6-02?2C., and October at 6-12?2@6-10c. ; refined, for the
Continent, sold at 6 40@6'42}£c Bacon was in better sale at
lower prices long clear, for prompt arrival, quoted at 4 40c;
short, 4 60c. Butter and cheese have been in good, steady sale
at late prices. Tallow unchanged.
The raw sugar market has shown further advances, and a
liberal movement until the close, when a quieter state of aifairs
was reported, and the tone lost its previous buoyancy. Fair
1876.
33
148
Mobile
to relieve themselves of the
1877.
736
220
400
23
660
206
20
593
15
118
590
shown much depression,
disposition
1878.
408
195
43
strong.
The provision market has latterly
due to further declines and a general
holders, both Eastern
Receipts this w'k at
*7V
1,218
2,238
219
222
93
285
449
271
811
:<n
247
564
800
81
492
332
197
14
681
5
38
484
21
2,513
408
150
S38
167
4,430,381 4,252,333 3,952,838 4,075,817 3,470,283
;
-
-
-
-
;
-
refining Cuba,
6%@6
ll-16c; good,
6%@6
13-16c.
Boxes.
Bags.
Mrlado.
7,543
32,369
2,466
6,492
19,460
1,510
668,535
28,376
4,242
11,668
154,252
1,625
Ululs.
Receipts since July 1, 1879
Salessiuce
Stock July 16, 1879
Stock July 17, 1878
32,143
32,690
85,085
69,025
The exports for the week ending this evening reach a total of
16,516 bales, of which 15,258 were to Great Britain, 400 to
France, and 858 to rest of the Continent, while the stocks as
made up this evening are now 145,185 bales. Below are the
stocks and exports for the week, and also for the corresponding
week of last season:
EXPORTED TO
Week
ending
July 18. Britalu.
France.
Same
Week
1878.
4,112
4,112
N. Orl'ns
Mobile..
this
Week.
Total
Continent.
STOCK.
4,126
1879.
1878.
11,562
2,337
15.612
Charl't'n
115
806
320
Savan'b.
1,743
2,320
1,549 107,474
1,028
325 18,000
1,353
2,511
93,202
1,497
12,500
....
Galv't'n-
N. York.
Norfolk-
8,703
400
800
9,903
....
....
Befined in fair sale and firm ; standard crushed, 83^@8Mc Other*..
2,501
2,443
....
58
Bice has sold in a good jobbing way at full figures. Molasses,
Tot. this
though rather quiet, remains steady ; Cuba 50-test refining,
week..
15,258
400
858
16,516
6,000 145,185 123,001
Bio coffee has latterly been less active, but figures
25@25^c.
Tot. since
remain firm at 11^@14J4c for ordinary to prime cargoes,
Sept. 1. 2010,012 413,967 917,831 3371,810 3300,220
including fair at 13%c.
Stock here in first hands on the 16th
* The exports this week under the head of
other ports" include, from HaitiMild grades closed quiet, but uniformly more, S85 bales to Liverpool and 58 to the Continent from Boston. 1.9SU bales
inst., 63,930 bags.
to Liverpool from Philadelphia, 123 bales to Liverpool.
firm; Maracaibo 11?2@16}2C.; Java, 22@25c.
From the foregoing statement it will be seen that, compared
The sales of with the corresponding week of last season, there is an increase
The market continues quiet for tobacco.
Kentucky for the week are only 766 hhds., of which 394 for in the exports this week of 10,516 bales, while the stocks to-night
export and 372 for home consumption. Prices are without are 17,184 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
important change; lugs quoted at 3M@5/£c., and leaf 6@14c^
us the following amounts of cotton on shipboard, not cleared, at
The movement in seed leaf amounts for the week to only 745 the ports named. We add also similar figures for New York,
cases, as follows: 300 cases 1877 crop, New England, ll@20c j which are prepared for our special use by Messrs. Carey, Yale &
150 cases 1878 crop, New England, private terms; 147 cases Lambert, 60 Beaver street
1877 crop, Pennsylvania, private terms; 42 case* 1878 crop,
On Shipboard, not cleared— for
Ohio, 10c; and 106 cases 1876 crop, Wisconsin, 10c. The sales of
Leaving
JBXT 18, AT—
LiverOther CoastStock.
Spanish tobacco embraced 500 bales Havana at 80c.@$l 15.
France. Foreign wise.
Total.
pool.
Ocean freight room for grain accommodation has been in
491
11,000
None.
491
None.
Nono.
active request ; vessels to arrive have been taken at higher New Orleans
None.
None.
2,337
Mobile.
None.
None.
None.
rates, and tonnage on the spot has also advanced.
Petroleum Charles
90
25
None.
25
ton
Nono.
None.
vessels are quiet. Late engagements and charters include
50
1,693
Savannah
50
Nono.
None.
None.
None.
2,326
Grain to Liverpool, by steam, 6M@6?2<1.; provisions, 25@30s.; Galveston
None.
None.
None.
None.
•3,260 101,214
1,500
None.
260 None.
flour to London, by sail, Is. 9d.; grain to Hull, by steam, 6;5sd., New York
1,500
18,128
500
1,000
None.
None.
60 lbs.; bacon, 27s. 6d.; grain to Glasgow, by steam, 5^d., 60 Other ports
lbs.; grain to Cork, for orders, 4s. 6d., 4s. 9d.@4s. 10^d.@
57B
5,326 139.783
Totl a
2,991
260
5s. 3d. per qr., latter long lay days; do. to direct port, United
* Included in this imount there are 1,500 bales at presses for foreign ports, tne
Kingdom, 4s.; do. to Altona, 4s. 6d.; refined petroleum to destination of whic h we cannot learn.
Bremen, 2s. 10^d.; do. to Antwerp or Bremen, 3s.; do. to the
The followinj j is our usual table showing the movement of
German Baltic, 4s.; cases to Alexandria, 27/2C.; do. to Bey- cotton at all the aorts from Sept. 1 to July 11, the latest mail dates:
route, 30c.; do to Angiers, for orders, 35c To-day, rates underRECEIPT S SINCE
EXPORTED SINCE SEPT. 1 TO
went a further advance
Grain to Liverpool, by steam, to fill,
SEP! 1.
Stock.
6d., 60 lbs.; regular rate quoted, 6^2@7d.; grain to London, by Ports.
Total.
Britain. France. Fo relgn
1877.
1878.
steam, 7d.; do., by sail, 6?ed., 60 lbs.; grain to Cork for orders,
5s.@5s. l>6d.@5s. 2d.; case oil to Bombay, 33c.
N.Orlns 1171,847 1367,632 667,7301218,199347,326 1233,555 17,549
The naval stare market has been devoid of new or interesting Mobile. 361,637 412,243 57,954 35,583 29,677 123,214 2,382
features ; business has been dull and prices on the wane.
Char'n* 514,298 457.750 150,410 57,140 176,143 383,693
117
*'
;
;
:
.
j
Spirits turpentine,
$1 30@1
27Mc; common
to
good strained
rosins,
Sav'b...
705,128
596,053
205,463
23,646 232,677
461,786
1,685
Petroleum has remained steady, though the
347,006
2,259
movement has been limited refined in barrels, for September Galv.* 562,758 445,759 223,518 59,478 64,010 284,970 122,817
N.York 147,561 143,101 246,055 13,995 24,920
delivery, sold to-day at 6%c American pig iron is quiet but
135
15,858
Florida
1,967
13,756
56,435
14,284
firm, while Scotch pig has been more active, fully 1,400 tons
198
having been sold, part to arrive. Steel rails are in extensive N. Car. 135,000 143,129 44,472 2,050 18,589 65,111
1.867
5,098 199.640
713
request at full figures. In the past few days 17,000 tons have Norf'k* 559,192 506,777 193,829
496| 18,398| 240.461J 18,500
been sold for winter delivery, part at $45. There are negotia- Other.. 213.71G 161,523| 221,567
tions pending for the sale of fully 100,000 tons for next year's rhlgjT. 4427,572
12024,754 413,567 916.973 3353.291 167,374
delivery, which will be consummated in a few days. There
1248,551 2117.875497.301679.044 3294,220 1 1(5.556
were also sales of 12,000 tons old iron rails, quoted at $24@24 50. Last ye ar
* Under the head of CAnrliiton is included Port Royal, Ac.: under the head of
Ingot copper is quiet, at 16>8@16%c. for Lake.
Whiskey Oalretton
is included Indianola, 4c; under the head of .Yor/W* is Included City
nominal, $1 06?2@1 07.
Point, 4o.
32.J6.
;
... :
.
THE CHRONICLE
the past week has been moderately active for cotconsumption,
ton on the spot, there being a fair demand for home
with some export and speculative inquiry. There was a "Jtline
Middling
of 1-lCc. on Monday, and again on Tuesday, carrying
decline
Uplands down to 12 l-16c, and to-day there was a further
some business
of 3-18., to 11 Jo. for Middling Uplands, leading to
stocks, lor
for export, '1 here is a strong disposition to close out
market.
future delivery, there has been a feverish and variable
the
There was a decided advance on Saturday, on the report that
growing crop had been injured by drought, but the advance was
Atlantic States.
Tost on Monday under reports of rains in the
On Tuesdav. the Bureau report, although only down to July 1,
repeated tlie drought accounts, and gave in general a lower conbut it was again lost on
dition, and there was a fresh advance
Wednesday, under reports of rains in several States and very
The market
;
unfavorable reports from the English manufacturing districts.
Yesterday, there was a variable market. The early months opened
lower, rallied, and again declined the later months maintained
;
3 ^.[Vol. xxix.
1.400
1,000.
10-«2
1.1KPO
101)4
Bales.
400
2.100
200
500
2,100
1.200
1,800
1.900
1,300
X.100
100
1091
1096
1097
1,100
1,400
1,400
10-98
10-99
500
400
700
000
600
100
500
300
cts.
Bales.
low
1.7UO....
10-ttl
...11-00
1101
800
...11-02
22,600
For December.
200
10-81
l.:i«l
10 82
1,000
U-83
Cts.
10-84
—
—
—
July 12
NEW ORLEANS.
mon 'Flies
UPLANDS.
mon Tnei
to
Sat.
Sat.
July 18.
1
1000
1091.
I
10-1-2
lu-93
1
....10-94
1
10'95|
10-96
10-971
10-98
•
•04 pd. to
•01 pd. to
10%
Ordin'y.tfBi
8trict0rd.. Hie
Good Ord.. Ilia
10*8
IOH11 10=8
1Ui« 11
Btr.
1U4
11%
11%
Low
12
11%
U'd Ord 11% lliiis 11=8
Mldd'c 11*8 lH3l6 11%
Btr. L'w Mid 12i 18 18
123 l8
Middling..
Good Mid
Btr.
12%
12%
..
G'd Mid
Mldd'g
Fail- 137 ia
1218
l'Jl 16
12%
12%
127, 8
12:i 16
13%
131* M
14*16 14
Fair
Wed Th.
Ordui'.v.#lb 10%
Strict Ord. Ill
10%
11%
11%
11%
Good
Ord..
G'd Ord 11%
low Mldd'g 11%
Btr.
|107
J6
il3.
jlOlSIo
11
!ll3l6
|117 16
;ll»ie
11%
U%7
8tr.L'wMidllls 16 1H5 18
Middling.. .J121, B 121 16 ll
Good MId.Jl2%
Mid 12%
Mldd'g Fair 135, 8
Btr. G'd
13i* 1(
Fair
12%
12%
10%
11%
IH3
11%
11%
200.
8
11%
11%
10%
11%
11%
11%
11%
10%
11%
11%
11%
11%
121,6
123,6
12ii6
12316
B>.
1015,,
'U 5 i 8
111%
Middling
1113,6
10%
Ill's
Frl.
10%
11%
11%
11%
1118
Ilia
11%
Ult,6 11%
109, 8
1015 16
115, 8
119,6
11 8 Ull, 8
121,6 121,8 11*8
123,6 123,6 12
12% 12% 125,8
1234 12% 12»l«
137, 8 13*16 1314
14l,o 141,„ 13*8
11 78
12
12%
Wed
mon
tucs
1013 18 1013,, 1013,6 10%
U3 18 113,8 113 lf 11
1114
11?16
1113,6
MAKKET AND
For Day.
nigh.
Th.
Frl.
.
11%
11%
11%
11%
H
11%
11%
5
16
19,6
1
SALES.
Bat.
.
Ex-
Spec- Tran-
port. suuip. ul't'n
Quiet
....
Quiet, at i, 8 dcc.
Quiet, st'dy,ii 8 d.
200
214
310
Total.
sit.-
717
Deliv-
Sales.
eries.
50,700
49,700
53.400
60.100
64,600
111,200
400
300
400
300
300
1,700
"62
100
370
1,291
600
847
436
605
849
522
"76
1,198
1,330
3,070
008
5,914 395,700
Ills Eaey
1
Con-
FUTURES.
Dull
Quiet, at 3 18 dec.
1,109
750
849
For forward delivery the sales have reached during the week
395,700 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices
For July.
Rales.
200f.D.ji(l 11 7.1
11-75
100
11-70
800
100
100
100
liua
1202
400
12-0.1
100
1207
1208
1200
1219
18-08
10Ul.ii.9lh 12 00
SOU
200
300
8,400
For August.
2.4(10.
1.5'
l).
11-78
1,000.
S.100....
too
8,100
... 11-81
....11-88
....11-84
.. .11-85
4*00.
MX'
200..
100...
900...
1,100..
1,100...
.8.600...
.
u^h
6,100
1101
...1214
12- 1H
..
...
..
1,100.
.
...1217
.. 12- 18
..12-19
...1840
.12 21
.
li-22
.
..
.
..12-23
...1221
1,800
...
800
400
...
.
19-80
12-28
12 27
86,090
For September.
11-92
...11116
.. 11-97
...11-9S
...11-99
8.800
8,000
...1210
100
.
..11-80
.11-81
1,000
..11-82
800
.11-83
..11 84
..11-85
.11-86
1191
1
1
'
For October.
1116
11-98
100
200
600
1194
1198
200
12111 2,800
,
187.200
...11-93
2,20;>
12 10
...1215
600
1.800.
1,000
1
Cts.
12-20
11-00
4.700.
..
... .11-89
,11-90
1
400.
u-88
l ISO
1,000
1.100
..
...12-12
... 12-13
11K1
900
1,400
1.600
...1206
...1207
.. 12 08
...120.)
700
.11 79
....11-80
..
1.400
2,500
1,000
4,400
2,100
2,500
1,800
2,000
4.200
mo.
1700
1
5,000...
1.200
2,000
1,800
...12-08]
...12-04
...19-OB
I
0,200
7,700
3,800
1MB
800
100
.
700
Bales.
Cts.
ii-s;
I
1,000...
100
000
800
1178
Cts. Bales.
...1201
800
.. 12-021
400
.
2.400...
7,000
2 500
11-97
11-04
11-88
700.
3,800
5 500..
8,200
0,800
9,400
...11-17
.
..
.
..
5,100. ..
6,700...
..1200
..1201
11-19
11-20
11-21
11-22
11-23
..lr02
.1203
6 900....
....11-25
6800
8,800
..1204
...1126
9,600
.12-05
7,500. ..
7,200....
5,300
3 400.. ..
2,200. ..
3,500
,
15.800. .. .
17,800. .. .
3 800....:.
2,100
11.700
7.100
.
12
0rt
..1207
..12-08
..1809
..
.
."•,600
.
12-10
12-11
i2-;2
...12-14
7.800
2,s00
..18-18
.
12-15
July..
" 8.B.
1219
Tr. ord
1218
4,800
2.000
1.200
..12-18
..12-20
2.000
8,100
1,900
1133
2,2fI0....
....
2,500....
.
1.400....
300. ...
....
..
11-34
11-iB
11-86
11-37
76,100
For November.
.12-21
..
.
..12-22
.12-23
..12-24
..12-24
1
1
I
600
10-83
2,000
10>5
600
200
10-86
10-87
10-88
10-89
.10-90
400
1.100
1,400
1,700
the
week
Tuesday.
Higher.
Ask
1209-1209 12-09 10
But.
:
Iligh.
Low.
12-02
Closing.
Bid.
Ask
1216 17
12-21
—
—
1212 13 12-21-1204 12-20 2t
—
Wednesday.
Thursday.
Market.
Lower.
Irregular.
For Day.
Sigh.
For Day.
Closing
Low.
Bid.
July... 1208-1203
" s.n. 12 06
August. 1212-1205
Sept'b'r 12-12-12 03
October 11-28-11-22
Nov'ber 10-92-10-88
Dec'ber 10-89-10-82
Jan'ry 10-92-10-8'
Feb'ry
Ask High.
—
1202
—
1206 07
1204 05
11-23
10-89
10-83
10-86
10-95
11-08
March.
90
85
8'
97
12
To 2
Friday.
Lower.
Closing.
Bid.
—
—
—
11-95
Steady.
P. M.
1
For Day.'
—
Steady.
Closed.
Low.
—
Ask High. Low.
12-08-1194 11-94 95 11-83-11-75
11-75
1208-1200 1200 01 12-02-11-75
12-08-1200 12-01
12-03-11-80
11-31-11-19 11-27
11-32-11-10
10-99-10-91 10-94
10-98-10-83
10-94-10-85 10-88 90 10-95-10-81
10-96-10-88 10-91 93 10-97-10-94
11 00 02 11-03
11-18-11-12 11-15 17
1205
Tr. ord.
-
For Day.
Closing
Futures
Closing.
Bid. Ask
11-S0 8I
11-85 86
11-84 85
1118 ia
10-86
10-84
10-88
10-93
87
85
90
97
1008 12
11-85
Steady.
11-00
The Visible Supply of Cotton,
as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain ar.d the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (July 18), we add the item of
exports from the United States, including in it the exports of
Friday only:
Stockat Liverpool
Stock at London.
1878.
709,000
11,750
1877.
1876.
958,000
37,000
993,000
40,500
6,500
720.750
186,750
6,000
34,000
7,000
41,750
51.000
9,750
6,500
24,000
995.000 1,039,500
209,750
170,000
7,500
8,000
70,000
83,500
17.750
13,250
73.750
59,750
47,500
63,500
11.500
15,250
7,750
18,250
15,750
22,000
213,000
360,750
401,250
566,000
44,000
Total Great Britain stock
Stock at
Stock at
Stock at
Stock at
Stock at
Stock lit
Stock at
Stockat
Btoek at
.
Havre
Marseilles
Barcelona
Hamburg
Bremen
Amsterdam
Rotterdam
Antwerp
610,000
98 750
2,250
37,000
3,500
27,250
36,750
1.000
Noue
other conti'utal ports.
453,500
Total European stocks.. .. 823,000 L,0S7,500 1,450.250 1,493,000
India cotton afloat for Europe. 322,000
251,000
339,000
403,000
Amer'u cotton atloatforEm-'pe)
70.000
77,000
138,000
14 2,000
12.000
Egypt, Brazil, &c.,allt for E'r'peJ
10,000
20,000
27,000
145,185
Stock in United States ports .
128,001
204,237
217,259
8,547Stock in U. S. interior ports..
8.313
15.415
30,198
United States exports to-day.
3,000
4,000
2,000
2,000
Total visible supply. ...... .1,389,528 1,566,048 2,174,902 2.314,457
totals of American and other descriptions are as
follows
Of the above, the
American —
American
11-81
11-82
1101
1102
1 1-25 26 11-35-11-20 11-34
10-93 94 1102-10-87 11-02 03
10-88 90 10-98-10-83 10-97 98
10-92 94 11-02-10-89 110102
11-09 11
11-00 111012
1100 05
11 -2--' 24.
11-18 21 1115-11-13 1110 15 1119
12-25
1210
12
Quiet and steady.
Steady.
Finn.
1128
1180
100
600
200
Liwer.
August 12-27-1212 12-24
Sept'b'r 12-20-1207 12-22 23 12-24-1210
October 11-37-11-21 11-32 33 11 28-11-23
Nuv'ber 11-02-10-93 10 99 t 10-95-10-90
Dec'ber 10-98-10-94 10 95 96 10-91-10-87
.1.,
Try 1100-10-92 1100 02 10-95-10-92
11-27
...11-29
...
10-98
10-W
1100
—
—
— 12-18-1212 1213 14 12-23-12-05
12-22
Liverpool stock
Continental stocks
..1217
2 400
1,700.
.
..
>00....
..1213
4,400. ...
8.400... .
7,900......
.
11-18
1113
1114
1115
1118
1119
monday.
Wgh. Low.
Bid. Ask
:
Bales.
Cts.
luos.n.8:stll-75
For March.
500
200
100
9.>
02 pd. to exch. 200 Sept. for Aug.
exch. 300 Oct. for Sept.
1879.
SALES OP SPOT AND TRANSIT.
SPOT MARKET
CLOSED.
600
•80 pd. to
For Day.
Closing.
Low.
7
10%
Sat.
$
1I 9 16
Wed Th.
Frl,
10»i
lOlo
115,
119,
12 5 16
127 l8 12%
12 »4
12»ie
137 16 137 X6 1314
135,8 131a
13io,„13% 141n 141i« 1379
STAINED.
10%
1U8
11%
11%
11%
1013,0
113,6
llij
10-9B
1100
1103
100
1006
1087
...
Cts.
300
200
I
Variable.
Closed.
123 16 12%
125,8 1214
12% 129,6 12ia 12% 129,,. 12%
12'8 1213 10 12% 1278 1213 l8 12%
13
13% 137 18 13916 1314 137 18
14«,„ 14%
141,6 143 16 14% 2£i&
12»u 12%
Good Ordinary
Strict Good Ordinary
Low Middles
10%
For February.
Bales.
"ilsoo
exch. 100 Dec. for Nov.
exch. 400 Sept. for Aug.
Market.
lli=,e
12
121, 8 123,6 1218
121,6
123,6 125 16 1214 123,8
Wed Th.
Frl.
i
1013i8
113,0
119(6
1113,6
1115,6
10
l'O
100
13,600
For January.
500
1084
..
Cts.
10-85
10-87
10-88
10-89
10-90
10-92
10-83
10-84
The following will show the range of prices paid for futures,
and the closing bid and asked, at 3 o'clock P. M., on each day in
March
Toes
300
700
500
700
100
300
600
600
800
100
100
100
100
The following exchanges have been made during
Feb'iy.
TEXAS.
Sat. Moil.
|
10-^6,
10-87
10-88
10-801
a somewhat stronger position. Yesterday, great irregularity the past week.
prevailed —the early months declining under the anxiety of
Saturday.
holders to realize, and the later months advancing on the weather Futures
reports indicating very little relief to the drought at the South.
To-day, the early months quite broke down, but rallied a little
on the yellow fever reports from Memphis. The later months
also declined, under reports of pretty general, though light,
rains at the South, but did not attract much speculative interest.
The total sales for forward delivery for the week are 305,700
For immediate delivery the
free on board.
bales, including
total sales foot up this week 5,914 bales, including 1,330 for export,
is transit. Of
8,S)70 for consumption, 608 for speculation, and
bales were to arrive. The following tables show
the above,
the official quotations and sales for each day of the past week:
Bales.
|
1085
afloat for
Europe
United States stock
United States interior stocks..
United States exports to-day..
Total American
East Indian, Brazil, <Cc.
Liverpool stock
,.
London stock
Cont mental stocks
India afloat for Europe
Egypt, Brazil, &c, afloat
Total East India,
Total American:
137,000
44,000
43 J000
322,000
12,000
;
618,000
377,000
138,000
204,237
15,415
2,000
571,000
330,000
142,000
217,259
30,198
2,000
831,528 1,094,548 1,354,652 1,298,457
—
&o
,
429,000
170,000
70,000
145,185
8,343
3,000
. .
143,000
11,750
55,750
251,000
10,000
310,000
37,000
84,250
339,000
20,000
422,000
46,500
117,500
403,000
27,000
558,000 471,500
820,250 1,016.000
831,528 1,094,548 1,354,052 1,298,457
Total visible supply
1,389,528 1,566,048 2,174.902 2,314.457
Price Mid. Upl., Liverpool....
6%d.
6%d.
6%d.
5%d.
—
.
....
July
..
THE CHRONICLE.
19, 1S79.1
—
Ctriiana, Texas. It has rained here on one day, a shower, the
reaching twenty hundredths of an inch, and more is
needed, as the ground is very dry. Cotton is doing well. Wa
are having terribly hot weather, the thermometer averaging 89,
with an extreme range of 73 to 103.
Dallas, Texas.
Rain has fallen during the week on one day,
a shower, but it was not enough. Weatiier hot. Crop proinfning.
The thermometer ranged from 72 to 102, averaging 89, and
the rainfall has been fifteen hundredths of an inch.
Brenham, Texas. There has been no rainfall here daring the
week, and many sections are needing rain, but only aandy lands
suffering.
Picking begun. Average thermometer 89, highest
98, and lowest 84.
New Orleans, Louisiana. It has rained during the past week
on one day, the rainfall reaching nineteen hundredth* of an
The thermometer has averaged 85.
inch.
Weather dry. Crops are beginning to suffer
Shreveport, La.
of drought. Thermometer, highest 100, lowest 74,
effects
from
average 87. River, three feet ten inches.
The weather last week was fair, the thermometer averaging
86, with an extreme range of 72 to 95.
The rainfall was four
hundredths of an inch. River, four feet five inches.
Vicksburg, Mississippi.—The weather during the week has
been warm and dry.
Columbus, Mississippi. The weather during the week (excepting two days on which it rained, the rainfall reaching seventythree hundredths of an inch) has been warm and dry, the thermometer averaging 92 and ranging from 87 to 98. Corn has
suffered severely from drought and cotton is very small though
These figures indicate a decrease in the cotton in sight to-night
of 176,500 bales as compared with the same date of 1878, a decrease of 783,374 bales as compared with the corresponding date
of 1877, and a decrease of 934,929 bales as compared with 1876.
rainfall
—
At the Interior Ports the movement— that is the receipts
and shipments for the week, and stocks to-night, and for the
corresponding week of 1878— is set out in detail in the following
statement:
18, '79.
Week eudiug July
Receipts Shipm'te
Stock.
Receipts Shipm'ts Stock.
386
2,198
354
89
6
11
61
83
l-o
2
824
81
11
83
3,546
286
10
Columbus, Qa
Montgomery, Ala
Memphis, Tenn..
Total, old ports.
•jsi)
Ga.*
Atlanta, Ga.*
Rome, Ga
Charlotte, N. C*.
St. Louis, Mo
Total,
new p'rts
Total, all
1,877
2,962
8,313
1,030
2,830
8,517
10
io
45
46
167
127
303
10
50
25
500
162
300
10
8
175
87
5
30
78
55
56
35
10
2
10
4
25
235
104
6
47
660
597
1,067
1,003
1.289
2
586
647
....
123
71
7
24
10
1
217
6
96
5
217
317
4,356
1,184
112
26
42
301
812
83
886
959
1,745
3,155
2,022
7,185
1,528
2,225
6,947
6,452
15,528
2.55S
5,055
15,491
Receipts from the Plantations.
—The
following table
is
RECEIPTS FROM PLANTATIONS.
Receipts at the Ports Stock at Inter'r Ports Rec'pts from Plant'ns
1878.
1879.
83,266
78,490
60,202
60,698
54,283
44,851
40.187
36,183
22,2*3
7.
60,742
90,94'
"
14.
81..
Apr.
4.
IB.
44,537
32,366
30,397
28,287
21,183
18,010
26,841
16.560
17.309
16,288
82,264
"
23..
12,14'
18
25..
Mar
"
"
•'
"
June
»
2..
9..
30..
6..
13.
9,669
9.390
75,723
65,470
59,886
51,391
39,016
38,856
31,196
24,252
20,097
19,732
18,220
12,380
8,528
11,231
"
20..
8,526
10,721
"
27..
8,519
8,102
4,404
8,676
6.879
5,949
5,287
3,782
July
4..
"
11..
"
18.
1877.
1878.
1879.
109,291 192,465 185,616
186,74'
169,636 159,418
158,041 146,653 141,612
151,199 131,795 131,483
140,649 119,991 116,879
133,363 108,633 107,005
128,411 95.979 91.968
117,074
107,534
19.031 97,698
19,897 88,376
79,009
67,786
11,089 57,509
6,612 52,154
7,188 45,769
6,293 S5.811
3,837 82,077
3,032 28,997
16.673
17,113
2.8091 27,9791
89,142
75,550
65,770
56,433
46,305
39,025
34,154
29,315
23.2S7
21,240
19,675
18.033
15.494
87,294
78,962
71.548
59,249
51.429
42,198
37,570
32,429
29,308
25,223
22,388
20,691
15.528
1877.
1878.
1879.
46,855
40,993
72,477
69,435
52,740
80,612
48,082
40,033
26,362
32,019
17,604
14,472
10,760
9.604
10,940
7,509
6,392
4.093
4,832
4,384
3,645
78,447
72,289
42,398
24,660
23,655
15,737
13,89'
13,058
15.304
7,020
7.471
4,968
4,780
3,171
2,141
2,368
1,324
2.658
60,549
39,699
34,977
25,148
31.511
13.V51
11,615
7,600
8,853
7,882
6,461
1,471
4,065
2.210
802
1,335
1,2431
The above statement shows
1. That the total receipts from the plantations since Sept. 1 in
1878-9 were 4,442,611 bales; in 1877-8 were 4,251,345 bales; in
1876-7 were 3,938,319 bales.
2. That the receipts at the out ports the past week were 2,809
bales, being drawn entirely from stocks at the interior pons.
Last year the receipts from the plantations for the same week
were 1,243 bales, and for 1877 they were 2,658 bales.
—
Weather Reports by Telegraph. The past week has
been hot, and some rain has fallen over a very considerable portion of the South, doing great good, but more is needed, and in
some sections greatly needed. Texas crop is now in pretty fair
condition, and the high temperature there, and in almost all the
States, is forcing the plant to maturity rapidly.
Our Little Rock
correspondent says that the excessive heat of this week has
injured farming interests in that State.
Galveston, Texas.
We have had delightful showers on two
days the past week, and the indications are that they extended
over a wide surface, but more is needed. The prospect continues
favorable. The thermometer has averaged 85, the highest being
92, and the lowest 72.
The rainfall for the week is one inch and
—
flighty-seven hundredths.
Indianola, Texas.— There has been no rainfall at this point
during the week, and all crops are burning up. Northward, good
showers have fallen, and cotton there is doing tolerably well.
The corn crop is an absolute failure. Average thermometer ^87,
highest 97, and lowest 78.
many
We
inch.
Nashville, Tennessee.
—
—
Telegram not received.
Memphis, Tennessee. We nave had rain on two days the past
week, the rainfall reaching fifty-five hundredths of an inch ; the
It is now raining.
rain was heavier in the interior.
Cotton has
suffered much for two weeks past from drought.
Corn will
make half a crop. Average thermometer 86, highest 99 and
lowest 74.
Mobile, Alabama. — It has rained during the week on four days
—one day stormy, two days showery and one day severely, and
threatening a storm to-day. Accounts from the interior are
in some sections the crop is developing promisingly,
and in others accounts are less favotable on account of drought.
The thermometer has averaged 83, the highest being 100 and the
lowest 75. The rainfall has reached eighty hundredths of an
is
;
inch.
1877.
—The
heat of the past week has been
years and has injured planting
The thermometer has averaged 86, the
interests very much.
had a light rain on
highest being 100 and the lowest 73.
Tuesday evening, the rainfall reaching nineteen hundredths of
an inch. The rainfall last week was twelve hundredths of an
Rock, Arkansas.
the most oppressive for
conflicting
like the following:
11.
fruiting well.
Little
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the out ports 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 through a comparative statement
Mar.
—
971
The above totals show that the old interior stocks have
decreased during the week 4,144 bales, and are to-night 204
The receipts at the
bales less than at the same period last year.
same towns have been 744 bales less than the same week last
year.
Week
—
1,090
* Estimated.
ending-
—
49S
652
7
95
Columbus, Miss.
Eufuula.Ala.*
2,112
4,430
78
32
Griffin,
533
149
77
145
49
69
26
458
31
1,362
1
.
Shreveport, La ..
Vicksburg, Miss .
19, '78.
2,443
1,132
226
Nashville.Tenn..
Dallas, Texas
Jefferson, Tex..
—
Week ending July
36
71
—
Montgomery, Alabama. It has been showery one day the past
week, the rainfall reaching thirteen hundredths of an inch. The
weather has been very hot and dry, and rain is badly needed.
Average thermometer 87, highest 101 and lowest 75.
Selma, Alabama. Rain has fallen during the week on one day.
The crop is developing promisingly. Caterpillars have appeared,
though the injury done is as yet limited.
Madison, Florida. It has rained on one day of the past week.
The thermometer has averaged 83, the highest point touched
having been 91 and the lowest 75. The weather during the past
week has been warm and dry, and we are needing rain very much.
Macon, Georgia. We have had partial showers during this
week, but they have been too light to prove beneficial to the crop.
We still hear unfavotable reports of the crop in this section.
The thermometer has ranged from 69 to 103, averaging 86.
Columbus, Georgia.— Rain has fallen during the week on one
day, to a depth of one inch and sixty-one hundredths. The thermometer has averaged 80. Crop accounts are less favorable.
Savannah. Georgia. We have had rain on four days, but the
The
rest of the week, excepting Saturday, has been pleasant.
thermometer has averaged S6, ranging from 75 to 105, and the
rainfall has reached ninety-ttree hundredths of an inch.
Augusta, Georgia.—-The earlier part of the past week the
weather was very hot and dry, but on Thursday and Friday we
had fine rains throughout this section, helping cotton greatly.
he plant looks well, and crop accounts are more favorable.
The rain came rather too late for corn, though some planters
The thermometer has ranged from 72 to
will make fair crops.
The rainfall is eighty hundredths of an
104, averaging 86.
—
—
—
—
1
inch.
Charleston,
South Carolina.— It has rained during the past
rainfall reaching four inches (?) and
The thermometer has averaged 86, the
ninety-eight hundredths.
highest being 104, and the lowest 74.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
July 17, 1879. We give last year's figures (July 18, 1878) for
comparison:
July 17 79. July 17, "78
Feet. Inch
Feet. Inch.
11
5
1
10
Below high-water mark
New Orleans
10
16
O
10
mark..
low-water
Above
Memphis
3
6
8
Above low- water mark..
Nashville
22
4
10
3
Above low-water mark
Shreveport
2
31
11
19
Above low-water mark.
Vicksburg
week on two days, the
.
.
Orleans reported below high- water mark of 1871 untl
when the zero of gauge was changed to high-watw
mark of April 15 and 16, 1874, which is 6-lCths of a foot shore
1871. or 10 feet above low-water mark at that point.
New
Sept. 9, 1874,
.
..
!
!
:
.
THE CHRONICLE.
72
Comparative Pout Receipts and Daily Crop Movement.—
A comparison of the port movement by weeks is not accurate,
of the
M the weeks in different years do not end on the same day
standing
We
have consequently added to our other
contables a daily and monthly statement, that the reader may
relative
stantly have before him the data for seeing the exact
movement for the years named. First we give the receipts at
each port each day of the week ending to-night.
'79.
POUT RECEIPTS FROM SATDRDAT. JULY 12, '79. TO FRIDAT. JULY 19,
month.
D'ye
New
of
Or-
we'k leans.
Char- Savan- Galleston. nah. vcst'n.
Mobile.
6
111
21
Fri.
60
115
34
40
50
103
Tot.
408
195
Bat..
Hon
Tues
Wed
Tlmr
7
29
21
7
•17
5
39
53
9
10
2
23|
10,
iS
50,
111
30
13;
4
1
i!
43
218
The movement each month
108
Wil-
Nor-
All
ming- others.
folk.
—
223
95
23
3S
20
26
14
113
8
1,238
12
118:
1,677
,—1879-^ ^-1878-—, ^-1877-^ —- 1S?6-^ ^-1815-^ ^- 1874
June July June July June July June July June July June July
Statu.
North Carolina.
South Carolina..
H
104
87
81
82
lol
101
93
95
89
103
ill
81
99
101
91
87
98
90
97
99
81
88-
Georgia
93
80
101
103
59
90
103
103
91
97
80
91
Florida
95
91
93
100
93
'J5
83
93
94
101
96
Alabama
96
96
101
103
94
101
103
96
92
9)
93
98
98
94
93
100
Mississippi
90
91'
94
100
103
Louisiana
95
93
98
95
98
n
95
105
Texas
Arkansas
Tennessee
94
10
104
106
91
94
100
103
98
91
94
91
89
90
95
94
101
98
91
96
93
Total
ton.
J7
[Vol. XXIX.
399
409
206
255
158
1,382
2,809
1879.
States.
June. July
North Carolina.
South Carolina
Georgia
.
Florida
since Sept. 1 has been as follows:
Year Beginning September
Monthly
Eeceipts.
Bept'mb'r
Ootober.
Hovemb'r
Decemb'r
January
.
February.
March
. .
.. ..
May
Jane
1878.
283,848
689,264
779,237
893,664
618,727
566,824
303,955
167,459
84,299
29,472
1877.
98,491
578,533
822,493
900,119
689,610
472,054
340,525
197,965
96,314
42,142
1876.
Alabama
236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,194
68,939
36,030
1.
Louisiana
1873.
1874.
1875.
134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
81,780
56,010
169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593
92,600
42,234
Texas
115,255
355,323
576,103
811,668
702,168
482,688
332,703
173,986
127,346
59,501
Tot.Jn. 30 4,421,749 4,238,246 3,939,755 4,056,109 3,456,872 3,736,741
Perc'tage of tot. port
98-22
98-85
96-78
97-52
9756
receipts June 30.
This statement shows that up to June 30 the receipts at thp
ports this year were 183,503 bales more than in 1877 and 481,994
bales more than at the same time in 1876. By adding to the
above totals to June 30 the daily receipts since that time, we
shall be able to reach an exact comparison of the movement
for the different years.
1878-79.
1877-78.
1876-77
1874-75.
1875-76.
1873-74.
TMJ'ne30 4,421,749 4,238,246 3,939,755 4,056,109 3,456,872 3,736,741
July 1....
" 2....
" 3....
" 4....
" 5....
"
"
"
6....
"
9....
343
271
948
970
1,548
1,176
629
414
1,163
S.
7....
1,112
B.„.
" 12....
334
563
322
237
399
"
S.
" 10....
" 11....
13....
" 14....
15....
" 16....
" 17....
"
18....
409
206
255
158
1,382
761
840
S.
930
1,013
796
674
1,034
346
8.
834
563
793
613
S.
1,541
1,864
848
367
914
849
S.
815
798
634
479
726
758
S.
364
572
839
486
543
650
1,073
S.
2,518
1,009
2,067
1,184
668
780
656
452
3,045
961
679
872
S.
1,128
694
S.
629
465
439
1,282
1,205
978
325
653
237
1,485
S.
1,468
1,247
1,456
806
1,315
726
S.
8.
93
102
87
73
99
98
93
97
103
90
1C4
102
94
99
100
97
Bringing the two months together, and comparing this year
with last year, the following would represent the condition July
1 in each State.
Mississippi
April
.
S.
3,201
1,289
1,505
1,006
1,782
1,323
S.
1,731
1,042
1,507
1,187
1,527
1,181
Total
4,430,381 4,251,700 3,952,123 4,074,284 13,468,575 3,759,325
Fereentag e of total
97-83
97-87
97-21
99-18
pt.rec'p s July 18..
93-82
1
This statement shows that the receipts since Sept. 1 up to
to-night are now 178,681 bales more than they were to the same
day of the month in 1878, and 478,253 bales more than they
were to the same day of the month in 1877.
add to the last
table the percentages of total port receipts which had been
received July 18 in each of the years named.
We
—
Arkansas,
Tennessee
'*
1878.
Dec'se.
Av'ge. June. July. Av'ge. Per ct.
98
104
1010
94
93
95
96
99
95
94
100
94
81
87-5
89-5
86
91
96
92
93
90
103
101
93
960
95-5
94-0
920
101-5
97-5
87
99
101
98
101
98
98
104
98
97
81
104
105
100
102
98
95
106
91
98
84-0
101-5
17-0
1030
13-5
60-
140
990
96-5
5-5
2-5
2-5
1050
130
101-5
980
94-5
97-5
•7-0
Same.
Increase.
This statement shows for the season thus far (that is, for the
two months ending July 1,) an improved condition of 17 per
cent in North Carolina and of 7 per cent in Arkansas ; but elsewhere there is a decreased or poorer condition, varying from 14
per cent to 2% per cent. If we are to accept the above as correct, the crop of 1879, even on the increased acreage the
will fall about 200,000 bales short of last
perhaps, unnecessary to say that that connot the popular or prevailing one at this market.
Department reported,
year's crop.
clusion
is
It
is,
—
Cotton Exchange Reports for July. We publish below, in
full, the Cotton Exchange acreage and condition reports for
July 1
Questions.
1.
2.
What has been the character of the weather since June 1 1
Has the weather been more favorable or less favorable up
to this
period than during the same time last year 1
3. Has there been an increase or decrease in lands planted in cotton
since your last report ? State percentage of increase or decrease, and
from what causes.
4. How are the stands in your section, and is the plant blooming and
forming well
5. W hat is the present condition in your section 1
6. How does the condition of the cotton crop in your section compare
with the same time last year
7. State any favorable or unfavorable circumstances relative to the
growth and condition of the cotton crop in your section not covered by
the above questions.
Norfolk Department.
The Norfolk Cotton Exchange (H. S. Reynolds, Chairman, W. D.
Rountree and R. P. Barry, Committee on information and Statistics)
issues the following report, covering the Slate of Virginia and the following Counties in North Carolina: Rutherford, Lincoln, Catawba, Rowan,
Davidson, Iredell, Burke, Wilkes, Caldwell, Alexander, Davie, Forsythe,
Yadkin, Stokes, Surrey, Rockingham, Caswell, Person, Granville, Warren,
Franklin, Nash, Wake, Hyde, Pitt, Green, Cartaret, Craven, Beaufort.
Tyrrel, Washington, Martin, Bertie, Chowan, Pasquotank, Camden,
Currituck, Gates, Hertford,
Northampton and Halifax.
—
28 replies from 20 counties.
June very dry and cold sixteen report
it as favorable. Twenty-four report the weather more favorable iii J una
than last year, and four not so favorable. There has been no increase
North Carolina and Virginia.
Twelve report the weather
in
;
or decrease in lauds planted since last report. Stands are generally
good and forming well, but rather early for blooms. The condition of
the crop is considered good, and is better than at this time last year.
Lice are reported in three counties.
Charleston Department
covers the State of South Carolina, and is prepared and issued by the
Charleston Cotton Exchange, through their Committee on Information
and Statistics, composed of E. Willis, Robt. D. Mure and L. J. Walker.
South Carolina.
—82 replies from 30 counties.
Weather too dry indicated less favorable from flfty-flve, more favorable from seventeen, and ten about the same, without additional planting. Stands generally good, blooms just beginning; forms retarded
by drought plant healthy and clean, while small and two weeks back;
;
ward, with complaint of damage by hail from one county
and
;
appearance
insufficient labor in three counties.
Department Report for July. The July
report of the Agricultural Department has been issued this
week, and is as follows.
,
The returns to the Department of Agriculture of the cotton
crop show that the condition of June, which was 96, has not been
maintained, and is for 1st July 1 93. The figures indicating the
condition compared with the June figures are as follows: North
Carolina 104, a gain of 6; South Carolina 81, a loss of 13;
Georgia 86, a loss of 7; Florida 91, a loss of 4; Alabama 96, no
change; Mississippi 92, a loss of 7; Louisiana 93, a loss of 2;
Texas 90, a loss of 4; Arkansas 103, a gain of 3, and Tennessee
101, a gain of 7.
The universal complaint is of the drought,
which has been most severe in South Carolina, Georgia and
of lice in six,
Texas. The stand, however, for the whole country is good. It
is reported that the crops are well worked and free from grass.
Insect injuries are not reported to any extent.
Southern Georgia there are several complaints of caterpillars.
Florida. 28 replies from 13 counties.
Since the first of June the weather has been seasonable, with the exception of too cool nights; but not as favorable for the development of
the cotton plant as last year. The area devoted to cotton remains the
same as at last report. Stands are good, and the plant is forming and
Agricultural
The June and July
and
condition figures, compared with the June
July figures for previous years, are as follows.
Savannah Department.
This report covers the Slate of Georgia and the Stale of Florida. The
report is prepared and issued by the Savannah Cotton Exchange, through
their Committee on Information and Statistics, composed of J. H. Johnston, Clavius Phillips, J. J. Wilder, L. G. Young and F. R. Sweat.
—
Georgia. 102 replies from 56 counties.
The weather since the first of June has been too dry with nights too
cool not as favorable for the cotton plant as last year. There has been
little or no change in area.
The condition of the plant is good, clear of
grass, small and needing rain, but is blooming and fruiting well. Stands
are good, some complaint of Irregularity, injury occurring wliile clearing
off grass after the wet spell the first part of May. As compared with
owing to the cool
last, year, uot as promising a prospect for the farmer
nights the plant has been troubled with lice, and owing to late season
in getting the plant under way and dry weather, it looks small. From
;
;
—
;;
July
19. 1879.
THE CHRONICLE.
|
blooming well. The presont condition of the plant Is good, though small;
und, as compared with last year, backward, and not aa promising from
its various drawbacks
first, too mucli rain
then lice, and now a want
of rain. Caterpillars reported in several counties, but no injury therefrom yet.
In the Sea Island section the prospect of the farmer is moro cheering
In every respect than last year, which was bad throughout; tbo stands
are reported good, condition good, and tbo plant is forming and blooming
:
;
73
thlrd 1" c "">n
» few report a small Incr^ta
.KTea'gesin^jifne'lf
4. To our fourth question, seventy-five report
the stands good and Out
,0rmlD « -«"= «even Kport it v.T |S23, 'te'n
'
&
ZEtJSREStit
* 6. In answer to our sixth que*tif>n.tulrty eg
rci*,rt tho ?»£?.,/?. '.„
of the crop better than tho same tl.ne fast
ar seveSX samS'
tweny-eight not as good, and twenty-two from «n«y.
,U four™ oVk* XmSt
** " " * f° W °°itOU WOrnw but •" ««
<*>£*>
has' been'dono
I,
well.
ditto,,
Augusta Department.
This report covers part of the Stale of Georgia. The report Is prepared and issued by the Augusta Cotton Exchange through their Committee on Information and Statistics, composed of Wm. M. Rea<^ Chairman, G. W. Crane, K. P. Sibley, W. A. Garrett and A. M. BensonT
Georgia. 24 replies from 15 counties; average date June 30.
Answer to First Question.—Twenty-one report very dry with cool
nights. Two report in the Northeastern part of the State that the
woather has been favorable, and one reports plenty of rain for the first
two weeks, but now suffering for the want of It.
Answer to Second Question.—Twenty-two report less favorable, and
—
two as being as favorable as last year.
Answer to Third Question.—Twenty-four report an Increase.
Answer to Fourth Question.—Twenty-four roport stands generally
good weed very small some report forming and blooming well for tho
;
;
size of the plant.
Answer to Fifth
Question.—Twenty-four report tho condition of tho
crop generally good free from grass, with slow growth since last report,
on account or drought.
Answer to Sixth Question.— Twenty-two report not so good, from fifteen
to twenty days later than last year two report in the Northeastern
part of the State crops more favorablo than last year.
Answer to Seventh Question.— Answers to this question do not developc
any facts not already given in the answers above. Tho crop is generally
said to be from fifteen to twenty days later than last year, the plant unpreeedentedly small for tho 1st of July and unless the planters are
favored with general rains for the balance of tho season, we cannot
promise an average yield for this department.
;
;
;
Mobile Department
—
Alabama. 83 replies from 47 counties.
Tho weather since June 1 is reported as having been dry and
generally
favorable in all the counties except two (Cleburne and Fayette), and as
compared With last year more favorablo in twenty-six counties, equally
so In eleven and less so in ten. There has been no change in tho acreageit is the same as last report. The stands are fair to good and the plant is
forming and blooming well. The present condition of the crop is good,
and as compared with last year is as good to better, with the exception
of being about a week to ten days later.
Mississippi. 31 replies from 18 counties.
Tho weather since June 1 has been favorablo to the growth of the
plant, and as compared with last year is reported as having been more
favorable in all the counties except Mouroe. There has boon no change
in the acreage. The stands are fair to good and the plant is forming and
Moon, Ilg well. The present condition of tho crop is good and compares
favorably with last year, with the exception of being a week or ten days
—
latur.
Orleans Department
™
'
Nash yI lie Department
covors Middle Tennessee east of the Tennessee River,
and
Counties of Atabomaj-Lauderdalc, Franklin. Colbertthe following
Morgan, Limestone, Madison, Marshall, Jackson, DeKnlb a, L^wreni
The report is prepared and issued by the Nashville <,tu>" d Chorokse.
RichM^
through their Committee on Statistics and Information,
compiSSdo*
"""P'*"'
I-conard Parks, Chairman, B. Lanier and J. B. Dobbins.
Middle Tennessee.— 25 replies.
Weather— Twenty -four report more favorable, one less favorablo
than
(
«
Acreage— One reports moro than double, one 75 per cent, four SO imp
25 per cent, one 20 per cent, and two 15 '"^
Eer
Stands and Progress of Crop-Twentv-flve report stands are excellent,
forming and blooming well. Five report crop ten days earlier
than last
cent, four 3d per cent, one
cent increase.
Condition of Crop— All concur in reporting the condition from good
to
cxcollent. Twenty-three report much bettor and two about same
as last
season. Laborers working well and crop very clean, some
complaint of
want of rain, but as yet cotton is uninjured.
^*
North Alabama.— 30
replies.
Weather—Twcnty-thrco roport more
than
last season.
Aoreage— One reports 33 per
cent,
favorable, seven less favorable
w
two 25 per
cent, and three 10
Der
*""
*
Stands and Progress of Cro]>- Twenty-eight report stands good,
the
plant forming and blooming well. There Is some complaint that the
cool
nights in the latter part of June caused lice to appear, but they
have
done no serious injury.
Condition of Crop— Tho crop is reported very clean and laborers work-
cent increase.
covers the State of Alabama as far north aa the summit of the Sand
Mountains, and the following Counties in Mississippi: Wayne, Clark,
Jasper, Lauderdale, Newton, Kemper, Neshoba, Noxubee, Winston,
Lowndes, Oktibbeha, Clay, Mouroe, Chicasaw, Itawamba, Lee, Pontotoc
Prentiss. Alcorn and Tishumuigo. The report is prepared and issued by
the Mobile Cotton Exchange, through their committee on Information
and Statistics, composed of T. K. Irwin, Chairman. Julius Buttner, S.
Uaas, Louis Touart and G. Thos. Cox.
New
W
ing well.
Memphis Department
covers the Slate of Tennessee, west of tho Tennessee River, and the following counties
Counties in Mississippi: Coahoma, Panola, Lafayette, Marshall
Marshall.
I)e Soto, Tunica, Benton and Tippah, and the State
of Arkansas north oi
the Arkansas River. The report is prepared and issued by the Memphi.
aphis
Cotton Exchange, through their Committee on Information anil
Statistics, composed of John S. Toof 7chairm"an),"w. Yi.' Mailorv' T II
Itartmus, A. C. Treadwell, Win. Bowles, Sr., W. II. Goodlctt and Z. N.
Estes.
West Tennessee.— 49 responses average date June 30.
Weather— Thirty-three report tbo weather for June as having been
very favorablo, tliirteen favorable, both on account of less and mora
seasonable rains than is general for the month two report unfavorable
owing to excessive drought, one excessive rain, eight report nights too
cold. Compared icilh last year— Forty-thrco report much more favorable, owing to less and more seasonable rains, three about same, thro
less favorable, owing to excessive drought, four report damage
from
drought, seven from cold nights. June Planting— Forty -soveu report no
cotton planted In June, save to re-placo damage by cut-worms, two
report light planting.
Of Stands and Fruiting— Thirty-three report
stands very flue to never better, sixteen good stands fortv-seven roport
funning well, two but moderately thirty-four blooming finely, fifteen
just commenced. Of Condition of Crops— Fortv-one report very fine,
live good, both well cultivated, free of grass and woods, throe iu but
moderate condition, some grass. Compared irith last year— Thirty-one
report very much better, thirteen better, three about same, two liot so
good. Miscellaneous— See Aggregate. Labor—Forty-eight roport laborers
working well, one but moaerateiy well.
;
;
;
ou ore that part of the State of Mississippi not apportioned to the Memph,. and Mobile Cotton Exchanges; the entire Stale of Louisiana, and
the Slate of Arkansas south of tho Arkansas River. The report is prepared and issued by tho New Orleans Cotton Exchange through their
Committee on Information and Statistics, composed of Wm. A. Gwyn,
Chairman, L. F. Berje, Chris. Chaffe, Jr., W. H.Howcott and A. G. Ober.
Louisiana. 104 replies from 38 parishes.
The weather duriug the month has been very dry, and compared with
last year has been more favorable to cultivation, enabling planters to
get their crops well worked.
There has bceu a slight decrease in acreage since last report, owing to
drought and scarcity of labor. The stands aro reported good except in
tho bottom-lands. The plant is small but forming and blooming well its
present condition is good and clean, and compares with last year favorably. Mauy complain of lice and locusts, and there is a general complaint of drought, mauy parishes reporting no rain for six to eight
weeks.
The crop is backward in growth, blooming and forming prematurely,
and about two weeks later than last year.
—
;
Mississippi. -128 replies
June
from 33 counties; average date,
;
North Mississippi.— 43 responses ; average date June 30.
Weather— Fifteen report very favorable, thirteen favorable, both owing
to less and more seasonable rains fifteen report unfavorable, owing to
excessive drought and cold nights. Compared with last year—Twentythree report more favorable, owing to less and more seasonable rains
live about same, fifteen less favorable, owiug to excessive drought and
cold nights. June Planting— No cotton planted in June, save to repair
damage by cut-worms. Stands and Fruiting— Ffteen report stands very
fine, twenty-two good, two moderately good, four bad; forty-three
report forming well, thirty-five blooming freely, eight Just commenced
blooming. Condition of Crops— Twenty-seven report condition very
line, thirteen good, both well cultivated, free from grass and weeds
;
three but moderate, some grass. Compared with last year—Twenty-five
report very much better, six bettor, seven about same, five not so good.
Miscellaneous See Aggregate.
Labor—Thirty-three report laborers
working well, ten but moderately well.
—
30.
The character of the weather has been dry and favorable
more so than during the same period last year.
for cultiva-
—
tion,
North Arkansas 61 responses ; average date June 30.
Weather—Twenty-four report the weather for June very favorable,
twenty-seven favorable, both attributable to less and more seasonable
rains than usual ten unfavorable, owing to excessive drought and cold
nights. Compared with last year Fifty report much more favorable,
one about same, ten less favorable, attributable to excessive drought and
cold nights.
June Planting— AH report no cotton planted in June.
Stands and Fruiting— Twonty-threo roport stands Very fine, thirty-three
good, two only moderately good, three bad fifty-seven report fonnlng
well, four moaerateiy well forty-two report blooming freely, nineteen
just commenced.
Condition of Crops—Thirty -eight report condition
June 30.
very fine, twenty-one good, both well cultivate d, free from grass and
The weather during the month of June has been (with but few excep- weeds
two
moderate
condition, some grass. Co mparcd with last year —
tions) very dry, with cool nights, and in comparison with the same time
Thirty-nine report condition very much better, seventeen better, three
last year decidedly favorable for the cultivation of the crop— owing to
about same, two not so good. Miscellaneous—See Aggregate. Labor —
the excessive rains at same time last year.
There has been a slight decrease in acreage sinoe our last report in Fifty-four report laborers working well, seven moderately well.
some localities, owing to excessive drought.
North Alabama. 14 responses ; average date June 30.
The stands are reported good— the plant is small, but blooming and
Weather— Eight report very favorable, five favorable, one unfavorable;
forming well. The present coudition of the crop is oleau and free from thirteen
less and more seasonable rains than usual for June, one seriously
grass and weeds, and is more favorable than at this period last year.
suffered
rain, three complain of cold nights. Compared irith 1878—
Rain is very much needed throughout the State, many reporting no Thirteenfor
report more favorable, owing to loss and more seasonable raius;
rains from six to eight weeks. The crop is from ten to fourteen uays
one less favorable, owing to excessive drought. June Planting— All relater.
port no cotton planted in June. Stands— AU report stands very Ann and
forming well, six report blooming freely, eight just commenced. Of
Galveston Department
fine, two good condition, all well culcovors the State of Texas, and was prepared and issued by the Galveston Condition Twelve report very rust. Compared with last year—Thirtivated and free from grass and
Cotton Exchange, through their committee on Information and Statistics,
teen roport very much better, one about same. Labor—An report laborcomposed of J. D. Skinnor, Chairman, Isaac M. Kirwan, Chas. Kellnor, J. ers working well.
M. Northman and J. J. Lewis.
AGGREGATE, EXCLUSIVE OF NORTH ALABAMA— 153 responses.
Texas.— 95 answers from 65 counties; average date July 1,
1. Weather—Of one hundred and fifty-three responses, seventy-two re1. In reply to our first question as to the character of the weather port the weather for June as having been very' favorable, fifty-three
since June 1, ninety report the weather dry and favorable for cotton, favorable, both attributable to less and more seasonable rains; twentyand five tho weather not good.
eight report unfavorable, owing to lack of rain, attended with cold
2. To our second question, thirty-five report the weather more favornights one reports too much ram. Of the one hundred and twenty-five
able than at this time last year, forty-five less favorable, eight favorable reporting favorable weather, nearly all mention that rain was much,
and seven the same.
needed at date of responding.
There has been no material change
in acreage.
Stands are generally reported good, and the plants are blooming and
forming well.
Condition good, and on the whole better than last year, but the plant
is smaller and ten to fourteen days later.
A cumber of complaints are made of cold nights in the early portion
of June, impeding the growth of the plant.
Tho weather is complained of as having been too dry.
Arkansas.— 69 answers from 27 counties ; average date
;
—
;
;
;
—
—
;
.
.
- Weather Compared with tame Period hut Year—One hundred find
seasonable
sixteen reivort much more favorable, owing to less and more
to excessive
rains, nine about same, twenty-eight less favorable, owing
replace
nSTSfen* OoUoti i'iantmg— All respond, none planted, save to
.
.
destruction by out-worms.
line,
4 C'oMon Stands and Fruiting— Seventy-one report stands very
One hunaovcntv-c>m' pood, four but moderate ami seven bad stands.
well. One
dred and fnrtv-seveu reiiort forming well, six but moderately
commenced.
liundr.il and eleven report blooming freely, forty-two Just
Condition of Crop*— One hundred and six report condition of cot*i
free from
ton crops very fine, thirty-nine good, both well cultivated, cousidgracrass ami weeds; eight report but moderate condition, with
'(ClilMn Compared with 1878—Ninety-five report very much about
thau last year in all respects, thirty-six report better, thirteen
name, nine hurdly so good as last year.
of the
7. Miscellaneous— lender this head we are generally advised
but
need of rain. Cotton had not materially suffered up to the 1st Inst.,June
m
made
mention
more
is
much
point.
There
critical
a
was then at
and
than in Hay relative to the Kansas exodus, mostly in Mississippi
Arkansas; indeed, quite a feeling exists In these States, many negroes
expressing their determination to leave on gathering their crops.
very
8. Labor— One hundred and thirty-live report laborers working
well.
-well or never better, eighteen report them working moderately
Bombay Shipments. According to our cable dispatch received
better
—
to-day, there have been 1,000 bales shipped from Bombay to
bales to the Continent ;
Great Britain the past week and
while the receipts at Bombay during this week have been 7,000
bales. Tha movement since the 1st of January is as follows.
These figures are brought down to Thursday. July 17.
Shipments
this
Great ContiBrit'u.
nent.
week
Shipments since Jan.
Great
Total. Britain.
Receipts.
1.
Since
Jan. 1.
This
Continent.
Total.
Week.
1,000 234.000 301,000 535.000 7,000 854,000
1879 1,000
1878 9,000 12,000 21.000 278.000 374,000 652,000 15,000 833,000
754.000 2,000 980,000
1,000 359,000 395,000
1877 1,000
7,000 7,000 529,000 344,000 873,0001 3,000 977,000
1876
compared with last
that,
From the foregoing it would appear
year, there has been a decrease of 20,000 bales in the week's shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipment? of 102,000 bales,
Compared with the corresponding period of 1878.
Alexandria Receipts and Shipments.—Through arrangements we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we shall hereafter receive a weekly
The
cable of the movements of cotton at Alexandria, Egypt.
and shipments the past week, and for the corresponding weeks of the previous three years, have been as follows
receipts
:
Receipts (cantars*)—
This week
Since September 1
Exports to Europe (bales)—
This week
Since September 1
.
187
1878.
1879.
Alexandria, Egypt, July 17.
1876.
1,000
1,665,000 2,586,000 2,701,000 2,870,000
403,000
248,500
.
432,000
465,000
A cantar is 98 lbs.
This statement shows
cantars, and the shipments
been
that the receipts the past
to all
week have
Europe have been
bales.
—
Gunny Bags, Bagging, &f\ Bagging has not been taken
very freely during the past week, and the market is r«ported
quiet by dealers, who are still quoting 9i@llc, as to quality.
Butts have been active and excited, owing to the very large
demand which has prevailed all through this year. The stock
has been gradually worked down to a very small amount, which
is mostly held by one dealer who has declined to sell at ruling
The fire at Calcutta, which we noted last week, prefigures.
vents dealers there from replenishing stocks, and as the season
is about over but little is looked for under a period of several
months. This condition of things has led to an increased demand, and we are reported sales here and in Boston of 20,000
bales, and prices have been advanced to 2 9-16c. for paper
quality and 2f@2ic. for bagging descriptions.
The Exports of Cotton from New York this week show an
increase, as compared with last week, the total reaching 9,903
Below we give our usual
bales, against 3-.660 bales last week.
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1878, and in the last column the total
same period of the previous year.
ExronTS of Cotton (bales) from New York since
Week endingExported to—
June July July July
for the
25.
8S2
Liverpool
Other British ports
2.
9.
5i
882 4,553
Havre
592
Spats,
1,
Receipts
from—
1,625 162,515
Texas
Savannah
356 126,428
Siuce
Tills
week. Sept.
141 142,448
<•
date.
previ'us
year.
400 14,295
9,326
100
115
14,395
9,441
800 15,073
20,718
4,986
19,206
400
2,202
2,835
64
800
.
92,722
40.234
143,998
6,524
3 147,564
700 10,424
N.Car'liiia
Virginia..
North. p"ts
Tenn., <ftc.
.
3,040
28 24,295
335 46,828
100
45
21,018
13,251
56,460
5,610
1
3.660
27
192 60,978
27,300
2,912'892,838| 2,353 360,4291
218 89,198
342,161,670
4,484 923,7941 1,510 339,219!
106 71,516
794'148,897
—
Shipping News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
16,136 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
Chronicle," last Friday. With regard to New York, weinclude the manifests of all vessels cleared up to Wednesdaynight of this week.
The
Total bales^
New York—To
Liverpool, per steamers Humboldt, 1,700
Spain, 1,376.... Wyoming, 671....8cythia, 621.... City of
per ship Bertram Rigby, 1,550
Chester, 15
To Cork, for orders, per bark Mark Twain, 2,770
To Havre, per steamer France, 400
To Bremen per steamer General Werder, 800
New Orleans—To Havre, per ship Zephyr, 2,880
To Malaga, per barks Rosario, 1,249.... Elliot
5,933
2,770
400-
800
,
2,880
Ritchie,
801
2,050
(omitted previously)
Liverpool, per ship Spartan 387
Upland and 44
Savannah—To
431
Sea Island
Baltimore—To
plorer,
Boston—To
Liverpool, per steamers Australian,
200
Ex550"
350
322
Liverpool, per steamer Illyrian, 322
Total
particulars of these shipments, arranged in our usual
are as follows:
Havre. Bremen. Malaga.
Cork.
Liverpool.
400
800
2,770
New York
5,933
....
2,050
2,880
New Orleans
The
431
550
322
Savannah
Baltimore
Boston
2,770
7,236
Total
800
3,280
Below we give all news received
carrying cotton from United States
16,136
form,
Total..
9,903
4,930
431
550
322
16,136
2,050
to date of disasters to vessels
ports, etc.:
Baden, ship, from New Orleans for Liverpool, previously reported as
abandoned June 11, lat. 40, Ion. 53, was set on flie by the crew
previous to being left. This may account for the burned cotton
seen by the ship Bombay, at Liverpool, from Galveston.
June 17. Ship Bombay, from Galveston, at Liverpool, June 29, reports
June 17, passed in lat. 40 50. Ion. 52 40, from 70 to 80 bales cotton
(apparently New Orleans cotton); on one bale two letters were visThe remainder of the marks
ible, and taken to be S— over D—
wore burned out. Another bale had letters taken for — oo—
remainder of mark also being burned out. All the bales passed
were charred by Are, and did not appear to have been long in the
.
,
water.
June
30. Bark Maggie L. Carvill (of St. John, N. B.) Tingley, at New
York, July 14, from Hamburg, reported that on June 30, 100 miles
south from the banks, passed a vessel's mast and two bales of
cotton, apparently but a short time in the water.
Cotton freights the past
Liverpool, steam d.
do
week have been
Satnr.
Mon.
3 16 ®l4
»i 6 ®>4
Tues.
3 16
®
1
as follows:
Wednes. Thurs.
3 16 ®i4
4
3 18® ,4
Fri.
he® 1!
sail., d. 3 16 ®13 64 3 16 ®13g 4 3 16 ®13g 4 3 16® 13 (S4 3 16 @13 64 3 1<V® 13 64
...®V ...®V ...® :2*
...®Ll
...® 13- ...® 13
®Lj* . ®
...® 12* ...®v
..®v
....®T 16 ...®7 16 ...®7 16 ...®7 1(J ... ®7 18
...®* 9 ie ...®-9 16 ...®* 9 16 ...®*9lg ...®* 9 16
®>3 ...® 1a
®Va
...® 12*
...® 13
Bremen, steam,
.c.
Hamburg, steam
siiil
do
.
.
c.
c.
.
.
V
...® 13*
...©Jfl
...®v
...® 7 18
...®*»18
...® 5a
e.
®
*
...®
Compressed.
—
By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c, at that port
Liverpool.
:
3ales of the
week
.bales.
Forwarded
American
Of which exporters took
Of which speculators took..
—
Sales
Total stock
Of which American
week
Of which American
imount afloat
2,398
1.474' 5.617
53,246.
874135,732
1,461106,082
25
18
Last year.
Total import of the
20,110 44,910
5,610
&c
840
11,679
13,477
34,704
2,170
This year.
Actual export
&o
1,
Baltimore.
This Since This
Since
week. Sept.l. week. Sept. 1
19,981
Florida.
S.Carolina
Foreign
Philadelphia.
Boston.
Since
This
week. Sept. 1
N. Orl'ans
Mobile
Yrrk,
and since
1878
New York.
Same
16.
Other ports
8nain, Op'rto, Glbralt'r,
All other
September
June
1,000
New
at
Total to period
8,703 254,758 321,444
64
Total to North. Europe
The Followins are the Receipts of Cotton
1878.
3,660
592 1,000
Bremen and Hanover.
Hamburg
1,
5,933*244 .165 315,687
2,770 10,593
5,757
Other French ports
Total French
Sept.
[Vol. XXIX.
Boston. Philadelphia and Baltimore for the past week,
Amst'd'm, steam
3,660
l' (ill
....
Total to Great Britain
Total
.,
:
:
THE CHRONICLE
74
*
:
.
2,398
9.903 294.873 378.193
Of which American
27.
39,000
4,000
30,000
3,000
1,000
636,000
491,000
72,000
54,000
4,000
231,000
51,000
July
4.
38,000
7,000
28,000
4,000
2,000
622,000
475,000
32,000
17,000
6,000
217,000
38,000
July 11.
July 18
37,000
3,000
28,000
4,000
1,000
* 566,000
429,000
16,000
8,000
5,000
209,000
33,0O0l
37,000
42,000
4,000
31,000
5,000
1,000
589,000
451,000
10,000
9,000
3,000
218,000
The tone of the Liverpool market for spots and futures, each day of
week ending July 18, and the daily closing prices of spot ootton,
the
have been as follows
:
July
THE CHRONICLE
19, 187E.1
Saturd'y.
Spot.
Market,
t.
12:30 r,
A
I
Mod.
shade
A
inq.
and
CI3 |8
6i3 l6
easier.
13 1«
8
b
0*8
easier.
6lS 16
e'&ia
67
6.000
1,000
7,000
1,000
5,000
Friday.
Dull
shade
freely
supplied.
6 7s
castor.
6 7s
Mid. Upl'dH
Mid. OiTns.
Monday. Tuesday Wedn'sdy Thursd'y
7
6*
Market
5
I".
H
0,000
l.OtO
8,000
1,000
1. in )()
0.000
1,000
Futures.
)
Quiet
but
Firmer.
Weak.
Firm.
Flrmor.
Steady.
steady-
\
Saturday.
Delivery.
July
Aug.-Sept
Delivery.
d.
6 25 32
G25 3 .>
Sept.-Oct
Oct.-Nov
G27 32
6»4®2:t 32
013 16 &25.!2
627 32
6i' 32 ®» 18
Nov.-Dee
Dec. -Jan
Sept.-Oct
July
July-Aug
Aug.-Sept
627 3a
829 3 «
619 32
Sept.-Oct
Oct.-Nov
Gi3,o
6& 16
C>H
G27 32
03s
.Sept.-Oct
6 78
Receipts of flour
654
03i
6i3 10
69 32
Cleveland
St. Louis
Peoria
Aug.-Sept
6*311
Same tunc
Sept.-Oct
627.,.,
Oct.-Nov
Nov.-Dec
Oct
6»,6
63a
G27 3 o
GO,o
sail
Nov.-Dec, n. crop,
sail
Aug.-Sept .634®2» 3 o® \
Sept.-Oct..
.t>i3ir.'* ar
'-i2
®u le
Oct.-Nov
Delivery.
Deliveri/.
f>n la
611, 8
Oct
July-Aug
Oct.-Nov.-Dec
Nov.-Dec
July-Aug
f|13 16
6-3 32
6»~ 3 2
611 ? q
G3i
Oia
I
FRIDAY.
Delivers.
July-Aug
Aug-8ept
Delivery.
8*ba**n July-Aug
9 H Aug.-Sept
(i- 3 :t .>
Sept.-Oct
«;i»
Oct.-Nov
Oct
6i" 32
G2" 3 o
le
Bspi.-Oot
July-Aug
Aug.-Sept
\
611,6
«23 3 „
I
Delivery.
Sept.-Oct. 0343123323,34
615 3 ,
Oct.-Nov
6" 32 Nov -Deo
G2i 32 July-Aug
GH 10 Aug.-Sept
6»,o"
6", 6
623 3 „
BREADSTTJFFS.
Friday, P. M., July 18, 1879.
The flour market was moderately active and rather firmer
early in the week, but in the past few days trade has been dull
and
prices declined 10@25c. per bbl. from the highast figures of
the week, closing with little change from last Friday. The
improvement, however, was most decided in the lower grades,
including the common extras, and the depression, when it
came, was most decided in the higher grades, so that some
is
pecially weak.
noticed.
Rye
flour
bushels of No. 2 spring for through shipment to Great Britain
from the West on private terms, understood to be the closing
out, in part, of the speculative account recently made in " cornering" the market. No. 2 red winter sold yesterday at $1 14@
1 15^ for July and onjthe spot, and $1 11%@1 12 forAugust and
September
No. 2 amber about the same figures ; No. 2 spring
about $1 11 on the spot, and No. 1 white $ 1 16^ on the spot,
but offered at $1 14 for August and September. The harvest
of winter wheat in the middle latitudes has been completed in
the most satisfactory manner. The yield is of good quality, the
condition excellent, and it is being marketed very freely. Today, there was a fresh decline, with large sales of No. 2 red
winter at $1 12@1 12^ for July and $1 10@1 10% for August
and September.
Indian corn has ruled dull, and prices have declined, No. 2
mixed for September delivery giving way fully lc. a bushel.
At this decline the demand yesterday was quite active. The
movement of the stocks of old corn has greatly increased of
late.
Crop accounts are very good, except from the South,
where damage by drought has been done. The business
yesterday embraced large lines of No. 2 mixed for September
at 46%c. To-day, there was not much change, but Western
white, being very scarce, brought 50^c. for No. 2.
Rye has been active and very firm, the pales embracing on Wednesday 00,000 bush. Western, at 64c. for No. 2 and 65>ic for
No. 1. State rye quiet.
;
hush.
4,062
1,428
28,087
815
3,800
.bills.
Wheat
bush.
Corn
Oats
Barley
Kye
9
l
45
ti>*
44 4f<*
®
®
®
a
®
®
»
®
®
»
40
48
02
05
37
39
W
47
52
04
07
40
43
12:
bills.
41,054
Flour
12
State, 4 -rowed.-.
Wheat,
Total receipts at
for four years:
»1»
10
115
00® 2 40
State. 2-rowed
......
2 60® 2 65 Peas—Cau'da.b.it f.
73
02
and grain at Western lake and river ports
219.7G0
232,621
31,019
400
779,393
18,000
179,932
1
Corn,
Oats,
Barley, Rye,
bush.
bush.
bush.
bush.
(56 lbs.) (32 lbs.) (1h lbs.) (56 lbs.)
214,985 263,818 1 0.001 24,697
26.250
38,7. .11
154.733
G.sllo
3,014
9.450
8,200
218,185 109,410
130,260 100,800
115,570
Total
110,059 1,734,275 1,902,453
Previous week... 92. GOG 90S, 692 2,203,323
'78 ... 84,845
891,819 1,682,432
same ports from Jan.
7,862
7,410
I
,i>
12.034 6,876
4,830 8,080
530,335 34,747 48,103
470,467 2 4,21452,775
497,241 17,774 29,606
1 to
July
12, inclusive,
1879.
3,335,590
1878.
3,000,066
2,108,730
1876.
2,781,519
32,796,339
49,530,630
14,909,117
2,385,906
1,618,094
30,655.623
48,208,725
13,283,455
2,873.722
1,954,709
8,875,913
37,551,902
10,023,671
2,634.712
822,224
24,537,411
33,164,401
13,003,744
2,050,008
Total grain ....101,330,136
96,970,239
1877.
59,966,422
944,718
80,740,880
Total receipts (crop movement) at the same ports from Aug. 1
to July 12, inclusive, for four years:
1878-9.
1877-8.
Flour
bbls.
6,120,146
5,772,460
Wheat
38,271,838
76,500,823
21,074,458
8,457,562
2,780,173
04,430,117
59,663,073
27,716,376
7.637.204
2,161,568
223,55 7 ,103
198,118,330
147,084,914
161,611,338
Rye
....
1875-0.
5,189,420
74,140,809
82.298,341
25,693.012
9,352,582
3,931,528
Barloy
Total grain
1876-7.
4,707,472
88,395,105
89,601,075
30,928,929
9,527,652
4,604,437
bush.
Corn
Oats
Comparative shipments of flour and grain from the same
ports from Jan. 1 to July 12, inclusive, for four years:
The choice "patents" have been eswas very firm, though the demand
was moderate. Corn meal met with an active demand, and sold Flour
np to $2 75 for Brandy wine; but prices are easier at the close.
Wheat
To-day, the market was dull and weak.
Corn
The wheat market has been active, opening buoyantly, but Oats
Barley
losing in the past few days a good deal more than the early Rye
advance gained. The sales on Wednesday embraced a million
Total
irregularity
40® 3 70 Bailey— Canada
Flour,
Duluth
1
Corn -West, mixed
Western No. 2 ..
Yellow Southern.
White
do
Rye— Western
State and Canada
Oats— Ml ted
White
2
(106 lbs.) (60 lbs.)
27,813 273,118
Detroit
Oct.-Nov., u. crop,
G%
At-
5 50
5 40® 6 23
4 60® 8 25
3
week ending July
Chicago
Milwaukee
Toledo
THURSDAY.
July
July-Aug
Southern linkers' and
family brands
W|,
-•;
No. 'V
1 white
00
40® 4 8.">
00® 00
00® 7 75
430®
City shipping extras.
for the
Aug.-Sept
4
3
6
.
4 40
Western winter ship-
6 7a
July
July-Aug
Aug.-Sept.. 613 16 ®25 32
Sept.-Oct
G27 32
Delivery.
20®
do XX ami XXX... 4 50®
plng extras
V lm. $ 98 »1 OO
No. 2 spring
1 OH
41 OO
Rejected spring.
ho 9 81
lte.l winter, No. 2
112 »113
003 4 10
23® 4 33
1
do XX and XXX...
Minnesota patents...
GRAIN.
Wheat—
No.3 spring,
Western
3
Kxtra Suite, &0
4
Western spring wheat
Delivery.
Sept.-Oct
Shipments.
Nov.-Dec
July-Aug
I
and
State
62B,
69,8
Delivery.
C>25 32
(>25 3 2
$2 70® 3 30
bbl.
July
Oct.-Nov
Wkdnesday.
Delivery.
ip
Rye floor, superfine..
Corn meal—
Western, &c
Brandywlne, &c
TUESDAY.
Delivery.
Sept.-Oct
6%®23 32
..
6 7s
Aug.-Sept
closing quotations
FLOUR.
No. 2
Superfine
Snutli'u slilp'g extras.
Delivery.
Sept.-Oct
627 32 ®13 16
Delivery.
Aug.-Sept
Oot.-Nov
Delivery.
G^ao® 3!
.
d.
6», a
MONDAY.
Delivery.
July
July-Aug
Delivery.
d.
6 78
Sept.-Oct
G13 18
JiUy
July-Aug
Sales of No. 2 Milwaukee were made early in the week at 39#e.
To-day, the market was dull, with No. 2 graded quoted at 88c.
for mixed and 39^c. for white.
extras
The actual sales of futures at Liverpool, for the same week, are given
below. These sales are on the basts of Uplands, Low Middling clause,
unless otherwise stated.
Aug.-Sept.
Oats have declined sharply under increased receipt* and
lower prices at the West, with a great falling off in demand.
The following are
M
dales
Spec. & exp.
Market,
ket,
5 P.,M.
75
1879.
3,561,403
1ST*.
3,052,063
1877.
2,147,100
1876.
2,936,099
29.193.516
43,799,527
11,304,345
2,021,213
1,527,532
27,699,413
41,709,746
8,597,363
1,577,141
1,613,930
9,242.688
31,802,922
7.312,060
1,999,451
791,142
23,139,760
35,331,844
11,088,685
1,214,015
87,848,133
76,237,593
51,318.263
72,172,696
bbls.
bush.
graiu
Rail and lake shipments from
same ports
863,442
for the last four
weeks:
Week
Flour,
Wheat,
bbls.
bush.
1,423,664
1,642,352
ending—
July 12
July 5
June 28
Juno 21
118,729
104,735
122.363
124,620
Total, 4 wTcs. 470,147
Tot.4wks '78 392,081
Rye.
1,012,467
Corn.
bush.
2.179,461
1,702,374
1,956.611
3,359,613
5,187,755
2,727,098
9,193,559 2,019.290 6.8,320 260,119
6,567,370 1,567,951 77,174 131,196
1.109, 272
Oats,
bush.
416,652
432,902
599>98
568 838
Barley,
bush.
bush.
22,807 92,475
11.678 39,624
17,746 83.928
16.089 64,032
Receipts of flour and grain at seaboard ports for the
ended July
Flour,
At—
New York
bbls.
1
Boston
Portland
Montreal
Philadelphia
Baltimore
Orleans
New
Total week
Previous week.
.
.
20.666
33,360
1,500
13,177
13,150
10,100
5,544
Wheat,
bush.
Corn,
bush.
Oats,
bush.
548,366 1,037,890 129,087
^3,100 355.6S0 75,100
4,000
1,200
215,610
94,074
2,629
1«»7,700
280.500 54,fiOO
415,400 348,400
8,000
6,326
70,858 23,060
197,503 1,406,808 2,247.402 293,676
145,337 1,174,219 1,863,772 365,466
Cor. weck'78.... 131,601 1,025,750 1,475,684 368.118
Cor. week '77.... 83,984
295,754 1,570,025 312,484
And from Jan.
Hour
bbls.
Wheat.... busb.
Corn
Oats
Barley
Rye..
Total
week
12:
Barley,
bush.
1,100
4,900
Rye,
busb.
25.969
1
.200
380
1,500
1,000
6,380 29,669
6,380 47.400
5,350 32.513
38,443 12,156
1 to July 12, inclusive, for four years:
1377.
1878.
1879.
1876.
3,386,552
4,816,147
4,356,789
5,162,263
44,105,350
05,203,133
11,049,418
1,487,857
2,025,159
30,722,698
62,422,032
10,493.372
2,390,392
2,400,368
5,326,870
43.503,733
8.969,772
1,869.700
023,828
23.962,826
47.192.545
12,018,869
1,971,584
784,625
123,870,917
114,501,462
53,064,828
86,528,710
——
.. ..
.
Montreal,
Kiports from United States seaboard ports and from
12
July
ending
week
for
From—
Hew York
Montreal
Flour,
Wheat,
bbls.
bush.
1,293,782
53.292
8,614
BoHton
.'.'.'."!
Corn,
Oats,
lni-.ll.
llmsh.
4,766
100
177488
600
86.361
126.048
226,261
646.093
286,043
2,284
Baltimore
Wk
Rye.
Peas'
hush.
bush.
5,512
62,977
•.70.733
179,954
li',257
Philadelphia.
7,127
'.'.'''
at—
York
Do. afloat
(art.)
Albany
Buffalo
Chicago
Milwaukee
lMliilih
Toledo
Detroit
Oswego
St.
Lonls
Boston
Toronto
Montreal
Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore
Rail shipments...
Lake shipments..
On Canal (est.)....
Total.
July 5, '79
June 28, '79...
June 21, '79
June 14. '70
July 13, '78.
have been as follows:
ENTERED FOR CONSUMPTION FOB THE WEEK ENDING JULY
1877,
Corn,
bush.
bush.
729,923 2,198,589
125,000
75,000
24,500
800
826.933
1,417,496
3,640,080 2.57S.278
1,397,000
7,654
57,825
154,604
176,283
195,930
9,419
125.640
175.000
180,000
704,932
198,133
211,524
1.360
113,098
90,700
94,679
672,617
119.627
108,815
14.654
19,000
20.850
<;i,<;<2
80.030
71.S.1S7
332,020
617,772
403,724
929.940 1,561,689
813,000
1,372,000
11,701,597
12,184,153
13.438.605
13,892.032
13,930.328
4,425,357
11,757,309
11,547,230
11,463,633
11,516,571
11,666,721
6,447,178
Oats,
bush.
127,561
100,000
103,500
Barley,
bush.
45,099
Rye,
bush.
35,323
J7.400
I?'H
61,689
3,794
881
16,331
"8,000
94
23,021
34,373
14,900
38,090
20,000
832
16,585
38,041
33,676
16,000
15,936
65.956
9,100
2,447
"8,148
44,292
5,700
271,299
145,353
116,000
21,133
1,674
13,000
36,753
55,722
16,000
1,489,490 380,475
1.581,995 366,334
2,027,994 378,852
2,051,644 441,396
1,981,291 531,285
1,580,138 1,026,564
320,0~9
428,074
435,506
434,406
458,265
346,724
27',8l'3
Wool
683
81.378
92,815
400
342
500
76
Friday, P. M., July 18, 1879.
The condition of the dry goods trade has undergone very little change the past week, and business continued light in all
Package buyers have commenced to arrive in
considerable numbers from the South, Southwest, and other
parts of the interior, but their operations were on a very moderate scale, owing in a measure to the extreme warmth of the
weather, which caused them to defer their purchases of autumn
goods. The market retains the healthy tone reported for some
time past, and while values of all textile fabrics are firmly
departments.
maintained, stocks are exceptionally light (for the time of year)
in the hands of manufacturers' agents and importers.
Domestic Cotton Goods. The exports of cotton goods (from
—
week ending July 15
were 1,037 packages, of which 271 were sent to Great Britain
239 to Mexico, 181 to Brazil, 108 to United States of Colombia f
71 to British West Indies, 57 to Venezuela, &c. There was a
steady movement in plain and colored cottons, in execution of
former orders, but new business was of strictly moderate proportions and chiefly of a hand-to-mouth character, aside from
grain bags and cotton warps and yarns, which continued in
brisk demand.
Print cloths declined a trifle, and moderate
transactions were reported at 4%@l)4«-, cash, for 64x64s and
3%c, cash, for 56x60s but all other makes of staple cotton
goods were firmly held at unchanged quotations. Dark prints
were in better request, but other makes of calicoes ruled quiet,
and ginghams and cotton dress goods were lightly dealt in.
Domestic Woolen Goods. Transactions in men's-wear woolens were mostly restricted to making deliveries of heavy-weight
fabrics on account of previous orders, and new business was
light and unimportant. The best makes of fancy cassimeres,
suitings, cheviots and worsted coatings are in most cases sold
up to production, and prices are consequently firm. Overcoatings, beavers, cloths and doeskins ruled quiet but steady at
unchanged quotations. Cloakings received a fair share of
attention, and '.repellents continued in moderate request and
firm. Kentucky jeans were in irregular, demand, with most relative activity in the best doeskin makes, and satinets moved
slowly. Flannels and blankets were only in limited demand
but firm.
For worsted dress goods there was a little more
inquiry, but woolen shawls remained quiet.
Foreign Dry Goods. Imported goods were in very light
demand at first hands, but prices generally were steadily maintained. Silks were devoid of animation, and dress goods quiet.
Linen goods were in moderate request and firm, but white goods
;
—
—
laces
and embroideries moved
slowly.
628
656
220
Silk
Flax
Miscellaneous
3,314 1,263,952
Total
Pkgs.
Value.
628
936
538
825
330.934
334,042
377,262
144,744
76,970
1,127
Cotton
978
271,528
256,271
328,509
160,390
55,223
159
1,809
989
1,499
303
Value.
$
403,407
470,196
582,427
279,722
101,859
5,578 1,846,611
£,096 1,071,921
WITHDRAWN FROM WAREHOUSE AND THROWN INTO THE MARKET DURING THE SAME PERIOD.
Manufactures of—
Wool
207
183
352
619
Miscellaneous
177
193
64
191
180
85,692
82,176
60,144
71,722
19,605
85
77,764
63,682
42,503
43,847
9,976
228
194
86
278
58
84,956
71,198
76,585
50,170
2,506
844
285,415
Ent'd for consumpt.
1,446 310,330
3,311 1,263,052
805 237,772
3,086 1,071,921
5,578 1,846,611
Total on market
4,760 1,583,291
3.891 1.309,693
6,4222,132,026
. .
ENTERED FOR WAREHOUSE DURING SAME PERIOD.
Manufactures of—
419 198,663
360
236
98,918
Wool
Silk
Flax
Miscellaneous
322
117
707
110
93,053
78,644
105,436
28,234
1,875
504,030
272
55
234
270
74
531
66,060
38,236
41,946
50,061
7,039
1,602
148,613
03,947
7N.957
111,103
48,809
Total
Ent'd for consumpt.
3,314] 1,263,952
7,836 296,121
3,086 1.071.021
2,?46 481,429
5,578 1,846,611
Total at the port..
4,98911,767,982 10,922 1,368,042
8,424 2,328,040
Imports of Leading Articles.
The following table, compiled from Custom House
returns,
shows the foreign imports of leading articles at this port since
January 1, 1879, and for the same period in 1878:
[The quantity is given in packages when not otherwise specified.]
THE DRY GOODS TRADE.
this port to foreign markets) during the
$
Silk
w «a
U.789
367,127
13,880
Pkgs.
Value.
Manufactures of—
17, 1879.
1879.
1878.
1877.
2.203,814
1,852.878
2,087.521
Wheat,
New
Importations of Dry Good*.
The importations of dry goods at this port for the week ending
July 17, 1879, and for the corresponding weeks of 1878 and
Pkgs.
:
In Store
[Vol. XXIX.
15,369
1,689,039 11,993 62,977
3,200 86.350
2,033.940
1,599 142,369
2,167,712
988,340 1,875,584 181,755 38,923
The visible supply of grain, comprising the stocks in granary
seaboard
at the principal points of accumulation at lake and
as.folports, and in transit by rail and canal, July 12, was
76,047
89,701
Two weeks ago 125.980
Same tune '78. 68.744
for
Previous week.
lows
:
...
THE CHRONICLE.
7ti
r Total
—
.
1878.
1870.
China,
Ac-
China
6,631
Earthenw
.
Glass
Glassware.
Glass plate.
Buttons
Coal. tons...
Cocoa, bags.
Coffee, bags.
Cotton, bales
Drags, AcBark, Peru.
Blea. powd.
Cochineal.
Gambier
.
.
Gum, Arab.
Indigo
Madder, Ac
Oil, Olive..
20,352
127,045
18,461
2,766
5,181
23,360
17,615
1,107,710
8.768
Tea
Hair
Hemp,
bales
Hides, Ac.
..
Watches
1,927| Fish
3,342' Fruits,
588, Lomons
Metals, Ac
Cutlery....
Hardware
.
.
2,470 iRice
25,106 Spices,
2,547
27,326
879
755
1
II
1,279
310
201
55,009
94,696
25,744
48,811
Ac—
80,304,
18,688
$
727,366
39,172
424,225
200,259
814,881
675,845
788,025
1,282,204
2 5.0 s 5
306,488
188,813
5,570,262
210,431
458,259
353,684
6,254,490
140,682
217,062
90,092
320,123
175,626
100,038
34,562
103,008
110,043
259,494
83,668
303,764
108,180
249,466
22.30S
410,851
36,913
404,926
406,013
Cassia
Ginger ....
Pepper
292 Saltpetre
207,808 Woods
51,941 Cork
. .
Fustic
Logwood ..
278
306 Mahogany
Exports or Provisions,
2,161
2,474
.
349,967
1,154,583
525,927
31.235
1,372,432
Raisins
351
267,079
64,078
.
.
811 Hides, uudr.
1,389
Linseed
Molasses
..
Oranges
Nuts
2,359
112,686]
726
. .
.
Ac—
500
2,224
114,655
.
Hides.dr'sd
India rubber
Ivory
Jewelry, Ac-
Fancy goods
34,845,
4,280
717,765
23,609
562,467
6,034,752
73,336
017,901
394,844
30,322
$
value.
13,501 Cigars
30,463 Corks
1,712
4,642
Gunny cloth
Jewelry
435
1878.
426,857
Ac—
7,615
30,059
34.526
Flax
Furs
Bristles
19,374 Tobacco ....
14,267 Waste
1,143 Wines,
5,976 Champ'gue
baskets..
1,835
4,277 Wines
2,049 Wool, bales.
23,466 Reported by
733
Soda, sal...
Soda, ash..
5,748
1,059,336
42,935
710,763
0,000,717
76,202
12,959 tcs., Abbls.
852,002 Sugar, boxes
2,668 and bags...
23,048
10,688
2,107
30,872
3,325
3,510
1,622
26,327
Opium
....
Soda, bi-cb.
1879.
Metals, Ac6,353 Lead, pigs
20,031 Spelter, lbs
122,186 Steel
10,595 Tin, boxes.
3,120 Tiuslbs.,lbs
4,735 Paper Stock.
50,134 Sugar, buds,
The following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland, and New
Orleans, for the week ending July 12, 1879, and their distribution
To—
Pork,
Beef,
Lard,
Bacon,
Cheese,
Tallow,
bbls.
bbls.
lbs.
lbs.
lbs.
lbs.
1,480
161
Liverpool
273
Glasgow
Bristol
465
107
434
75
Hull
British ports.
Antwerp
140
Hamburg
15
Rotterdam.
..
Bremen
Havre
iso
105
70
171
24
50
Marseilles
Cont'l ports..
8. AC. America
West Indies
.
Br. K. A. Col.
Oth'r coiuitr's
Total week
Previous w'k
.
«
10,4.06,112
350
190
2,423
1,836
1,123
299
385
4
7,157
3,694
3,173
2.025
1,845,652
19,700
123,400
26,500
78,000
55,200
128,000
4,450
160,000
21,000
10,860
531,519
903,853
12,700
3,000
6,136,679 7,173,144
34,800 947,520
1,340,550 1,292,460
455,050
204,250
94,525
1,839,300
3,600
128,250
37,225
110,000
6,720
12,100
600
71,739
32,880
897,890
23,750
403,750
300
10,788
20,800
1,320
1,200
750
32,371
115,898
93,500
773,160
100,260
130,620
26,898
7,846
*
354,063
3,923,834 11,710,298
4.280.507 13,524,278 4,754.018 1,877.888
»
July
THE CHRONICLE.
19, 1879.]
UbUKJtAL
OUNNIKB.— See
SBKUB—
Clover, Western
Clover, New fork Slalo.
•Ml
North River ahlop'uc.
u
HI,
oiled
ui:Ktuaru>rb- Sen special report.
BUILDING MATKK1AL8Orlckn— Common bard, afloat..*] M
2 51
i
uo
22 (XI
to
70
90
40 ou
16 90
22
35 00
35 00
Croton
Philadelphia
Cement— Koaendale
* Mil.
Lime— Rockland common.... 1 bbl.
Rowland finishing
/.umoer— I'lnejr'd to ex.dry V M It.
Pine, shipping, box
do tally boards, com. to g'd.each.
Oak
* M.It.
Ash. good
Black walnut
Spruce boards
Hemlock
<x»
a
a
•
a
a
planks, each
boards, each
Is"
14
Maple
V M. ft.
A«««-:O3«0d,c^in,fen.* »b.» keg
Clinch, IK to 3 In.&Ionger
5
75
9
3(1
st
ixi
a
is
3 75
a
4
4
Sdilne
Cutsplkes.allstzel
taints— Ld.,ln ol com., price. V ».
Load, dry, combination, p lei....
fclnc, ox tie. dry
.,
Einc, Frc ch, gre^n se 1
Paris wulte.Kr.a.cllfl lo.e » loOft.
BtJTTEB-tWholesale Prices)—
Amerlcai. undressed
Russia clean
1.5
170
sisai
Montevideo,
00
Corrlentes,
?o
Rio Grande,
Orinoco,
'*
do....
do....
do....
do....
do....
California,
•
"
"
"
16
011
1
«•
....a
21
:9*a
19H#
i*Mi
20
20
20
18
10
*
10
19-ia
«xa
9xa
11
:
'
10
8X
.
and
palls
tubs,
me
140
*
1»X
Welsh, State, fair to choice....
Western da ry, fair to choice.. "
State factory, fair to prims, old. Via
"
Western flat, fa r to fine
sxa
a
5
a
Llverpool gar cannel
Liverpool house cannel
SCO
1100a
Ahthraoite— The
following will show prices at
auction or prese it sche .ule rat"*; the names Immediately above the figures Indicate the places of
last
D.L*W.
Penn.
New
-In lie
St'mb ..ii
Grate .. 2
.
Bug
^5
23
30
t
I! 17X@2 20
2 iO @: -tin
2 5
3)2 6j
2 S7X® ...
rs
Schedule.
Sch-tdule.
Port
Weeliawkea. Johi st'n.
.'5.
Uobokcu.
bug.'
* w.
5 L.
D.AH.
Auction.
5i
2 5,
J (0
ti 5i
2 51
do
do fair,
do
do good,
do prime, do
Java, mats
NatlveOoylon
Mexican
Jamaica
Maracalbo
Laguayra
St.
'
1
"
w
.
1*
24
"
"
"
"
"
"
17
13
15,
"
u a
'
14
ft.
Sheatbing.new (overl2 ox;
ii
CO I'TON — tiee special ruporl.
D-tuas a oyks*
Alnm, lump. Am
100 Hi.
1
V a.
Aloes, Cape
Aloes, barbadoes
V100B.
.3
21
2
j
HXa
*
leo
B.
120
per ton
*)».
2
.
tartar, powdered
Cubebs, Kast India
Catch
Cream
per
Gambler
100 lbs.
8
Ginseng
a
a
a
a
5V4
62* a
15
22
23
2XS
20
Oil vitriol ( 66 Brimstone )
Prussiate potash, yellow,
Quicksilver
a
ix.a
bond).
(in
Am
22
3'
3 50
Quinine
Rhubarb, China, good to pr
Sal soda, Newcastle
*
1
*>A.
V
Sugar of lead. -white, prime.
Vitriol, bine. common
a
a
a
a
a
57^3
13 a
35
loo ft.
English
Sodaasb
a
100 ft.
0>x»
16
1
... *)ft.
5xa
....
2l%
1
oj
365
16
5 50
lralslss.seeoiest, per 501b.frall
do
do
do
Valencia
Currants
Citron
Prunes, Turkish,
do
8 20
Layers
Loose
1
1
new
69
new
Canton Ginger. ,eardlne",
Sarulnei'.
V half ot
V quarter box
V
case.
1
Macaroni, Italian
Domestic DriedApples, Southern, sliced
do
ao
unarters
,
9
10
4
ii
5 50
17
3
a
a
a
a
11)4®
*#l
ft
11
&
ft.
3
•
do
State, sliced
do
do quarters
Peach es, pared, Ga., good to ch'ce..
unpared halves and qrs...
do
Blackberries
Raspberries (new)
Cherries, pltteu, Uiy mixed (new)..
6u
3 75
1 CO
Plums, Slate
"Whortleberries
a
18
a
nxa
a
.0 a
It 60
CXI
IX)
22 CO
» "gal.
"
"
"
"
"
»
....
V
shelled
lb
(new)
UX
21K
4 06'
24
1
40
3 60
2 CO
1 05
24
1 63
14
6
6 00
2'i
81
28
29
20
83
ii
4"
1.0
27X
1
V
3 25
Bcel,
1 ;ii"
'iX
.!*
6
15
1'6*
"
4
9
3
5
"
"
M
.4X
603
RICE—
V
Carolina, fair to prime
Louisiana, fair to prune
Turk's Island
St. Martin
LI vernoo' Ashton's
,
..v 10C
"
«
*
^
^
bush.
?8
9)
sack,
Wft
Refined, pure
per 1001b.
Crude
Nitratesoda
'
5
UK
6 25
5 75
1...
6 00
5 75
ta
«
6 23
6 (XI
a
-
22
!»
48
70
25
S3
50
.
Snp'rto line
Bx.flneto finest.
Choicest
T1H-
wft.
Banca
Straits
English, refined
Plates. l.C, coke
Plates.char.terne, 14x20..
"
'*
«bx.
"
....
»»
heaiy
lugs,
"
"
com. to Una.
leaf,
Virginia Leaf—
Lugs, common to fine.........
Dark wrappers
Bright wrappers, common to
Yara, land II cuts, assorted
fine.
»»
Delaine....
Bxtra, Pulled
No. 1, Pulled
1
Li v» stool:
Cotton
Flour
*
21
IS
47
S3
at
27
40
53
9
®
H
18 «
a
a
i:»i t
I'M
15
4 91
»
82
45
70
28
36
90
70
UK
15
a
a
3 so
« S6IX
9 3)
JXIJ
:xa
4X
11H
4
<*
I
12
15
« IS
a 41
81 a I»"
IS
11 a
U • 40
83
84
Si
83
18
41
41
40
40
29
24
24
18
15
32
30
20
17
37"
80"
26
24
SO
80
ft.
bbl.
Corn.b'lkAbgs. » hn.
Wheat, balk * bags..
....* '«e.
Boel
» bi!.
Pork
14
-1TS1S.—
s.d.
*
a
n a
-5 a
S3
Clip-
unwashed
FREIGHTS—
To
18
IS
si.
72Ka
fine
American XX
American, Nos. 1 4s 2
American, Combing and
iS
88
IS
r
...
Bouc.tt Cong.. Com. to talr
do
do
do
84
40
80
Sup.toflne
do
Bxtraflnetoflneet
do
Hyson Skin. tt Twan.-com. to fair.
do
Sup. to fine
do
Ex fine to finest ...
do
do
Uncolored Japan, Com. to talr..,,,.
Sap'rtoflne
do
Ex. fine to finest
do
Heavy goods. ,»iton.
None.
1
Rereeled Canton Congoun, No.
a
u
do Choicest
Imperial, Com. to fair
Hurry
South Am. Merino, unwashed......
Cape Good Hope, unwashed
Texas, fine, Eastern
Texas, medium. Eastern
Smyrna, unwaahed
9
a
« 5 so
a 3«2x
a
a
a
17
25
85
Choicest
to fair
do
California, Spring
«
I
17
25
WOOL1: CO
12 CO
5 15- .6@
Nominal.
Manufac'd, In bond, black work
"
" bright work
....a
3 a
"
Re-reeled Tsatlees, best
r2
Interior.
8ILK-
79-18
Sup.toflne
40
do Ex. fine to finest
Superior,
Fair
(
S 25
t%
a
7
-
Havana, com. to
a
....a
fine
SALTPETRE—
Tavsaams. No.
sv
10X
ft.
ft
tK
6 1-il
4 13-14
6\«
•Si
Qnnpowder.com
Kentucky
10
.
"
ft.
TOBACCO—
10 25
11 50
20 OJ
"
Tsatlees, No. 2
iili
id
12
15
64
27
73
44
40
73
98
46
....a
...a
.....".»> ft
Uams. smoked
Lard. City steam,
Rangoon, tn bond
Hi
"X BiLT 4
'»
pain mess
Beef.extra mess
Beef hams, Western
Bacon, West, long clear
6X
••
Oolong, Common to talr
do Superior toflne
do Ex fine to finest
do Choicest
;xa
9 25
5X4
"
Prlmeclty
35
8 12«
1 60
4 5)
a
4
*
<x»
....
3X»
"
do
90
s
....
..»
'
Choicest....
1
1
«
"
"
Coilee, A, standard
do
a
53
11
10
...
"
do
62),
9S4
"
Manils, sup. an 1 ex. sup
Batavla. Nos l'J<ai2
JSK
SOU
4 50
nx
1-
"
"
34
1
1
iok
....*
...*
.
Young Hyson, Com. to fair
do
Super. to flue
Ex.fineto finest
do
140
iff
it
:%
'*
to lair
Superior to fine
Extra One tn finest
..
bbl.
•
Uyson.Commoa
PBTROLEUM—
V
"
"
II
xa
a
»xa
a
«
t
Yellow
ra
w
I4K»
TALLOW-
CAKE—
Pork, new mess, spot
Pork, extra prime, new
Pork, prime mess, West
••
do
off A
WhiteextraC
ExtraC
21
City, thin oblong, bags
V ton.
Western, thin oblong (Dom.). "
29 00
PUOVISIONB-
"
1st quality
a
a
Cotton seed, crude
S3
* gal.
casks V gal]
„. '•
Olive,
101
"
Linseed, casks and bbls
62
26
Menhaden, crude Sound..... *'
•*
55
Neatstoot, No. 1 to extra
•*
Whale, bleached winter
42
M
83
Whale, crude Northern
"
75
Sperm, crude
"
90
Sperm, bleached winter
"
41
Lard oil. Dos. 1 and 2
*
A
22
(S
4 o»
I 29
li«K»
WK
Mors Price*.
••
"
@
13
1
22
7
gal.
a
vix
u
Crude, In shipping order...
Cases...
Refined
Napht'ia.CIty, bbl
...
»
gall.
"""
-3
Filoerts, Sicily
OIL
a
S IN
a
m
I*
3 60
HI
OILS—
8)
30
1 to
••
20
....a
Walnuts, Naples
Pecan
••
»
23
23
25
2 00
00
>
8 so
Rr fined— Hard, crushed
Hard, powdered
do granulate!
do cutioaf
@
17 00
1
a
a
10
1
a
a
a
*
••
Brazil, Nos. 9®ll
.
"
•'
8 80
••
...
6
"
Pitch, city
Spirits turpentine
V gal.
27X«
Rosin, strained to goodstrd.V bbl. 1
••
low No. 1 to gaod tfo. 1 '•
2 OO
" low No. 2 to good l T o 2 •'
10
1
••
"
3 25
low pale to extra ; a*e
wlndowglass
14
gal!.
...
«t
1!**
42
——gold.—
»
IT
is
23
2S
2J
a
isxa
'..'....
,
bbl. 1 10
•*
Pimento, Jamaica
....«
a
20
S
4
7S
70
78
Inferior to common reflnlrg... .» ft.
••
Fair
*•
Good refining
Porto Rico, refln fair to prime "
"
Boxes, c'ayed. Nos. I0@12
"
Centrifugal, Nos. 7al3
41 0J
5J 00
4
....a
u«
u -
t
Meiado
6
Jit
too
SnGAR—
16 OJ
12
....a
«
Batavla
Ginger, African
do Calcutta
American blister
American cast, Tool
American cast spring
American machinery
American German spring
store Prices,
5
....a
28
OAKUM—Navy.U.S. Navy & best •>.
30
3
4
a
a
!3«'i»
12 a
u a
17 50
a
a a
.3
Cuba, Mus., 50 test
Barbadoes
Demcrara
Porto Rico
50 test
do
N. O.,com. tocaolce
Brazil,
i*
a
ft.
11
rough
Slaughterofop
Oak. rough
Texas, crop
Almonds. J'Tdan
ix»
a
.«
4 10
V
I
16
•jxa
4
23
17 (0
16 ro
19 00
N UTS-
55
•
*#»
100 lbs.
.
A'res, h.,m.& I. *ift.
California, h., 11 &
common t.lde,h.,m. 41....
"
:su
a
a
;Xi4
4 a
13K«
,%**
•
French
Dates
FlgB,
50
no
9
c.)
Hemlock. Buen,
••
.a
FKU1T—
20 ro
LEATHER—
110
8 75
3
3
u
Ordinary foreign
Domestic, common
Bar (discount. 10 p.
"
"
Sheet
.
FI8R-
Gr'd Bk.S aeorge's mew) cod.V qtl.
Mackerel, No. 1, H. shore
pr.bbl.
Mackerel, No. 1, Bay..
Mackerel, No. 2 Maes. shore
Mackerel. No. 2, Bay
a
flft
11
Tar, Washington
Tar, Wilmington
a
a
a
24 i
25 a
"Ha
Madder, Dntch
Madder .French
Natgalls.blue Aleppo
1st
a
a
Glycerine, American pure
Jalap
Licorice paste, Calabria
Licorice paste, Sicily
Licorice paste, Spanish, solid
Opium, Turkey
a
19 50
NAVAL 8TORE8-
a I IS
62151
.84a
15 7s
37
51
28
IS
10
IS
3 tO
24X2
...
1
Cuba, clayed
K'.i
2!<»
3
ton.
aw*
do
English machinery
English German, 2d
'-0
MOLASSES—
H
a
s 55
refined
&
17
17
a
a
W9
...a
y
a a
.'.',"'
English, cast,2(lft 1st quality ....«»,
English, spr1ng,2d A tslquallty.. •
English blister, 2d* 1st quality.. "
5SJ&»
...
Pepper, BatavU.
do
Singapore
do
white
Cassia, China Llgnea
STEEL—
....e
35
4
son
t
Whiskey
a
...
Pig, American, No. 1
Pig, American. ho. 2
Pig, American, Forge
Pig, Scotcn
'•
us
12>ia
VD>.
Castoroll.B.I.lnbond
Vgal.
* 100 ft.
Caustic soda
"
Colorate potash
Cochineal, Honduras, sl.ver
Cochineal Mexican
Shell Lac. 2d
15
a
STXa
id
Arsenic, powdered
bicarb. soda, Newcastle
Blohro. potash....
Camphor
UK
22
Braziers* (over 16oz.)
American ingot. Lake
Bleaching powder
Brimstone. 2u is 4 3nls
Brimstone, Am. roll
16
9
Savanllla
»
'*
U e
14 a
12 .»
12 a
Costarica
Solts
^5
10X.
cOrPEK-
56>«8
....a
,
Kails, American, a tidc-wate*
39
Steel rails, America", a tide wate*. 49
1'5'i
"
Domingo
1
7)
53
LEAD—
11X«
•'
a
a
c'j
IKOtf
Sheet, RuEBla,8 to
.
VIS
3
5
r.2
•.
^,'*
Brandy, foreign brands
Rum— Jam. ,4th proof
St. Croix, 3d proof
Sin
Whiskey, Bcot-h
do
Irish
Domestic liquors—
Alcohol
10
Para, fine
Para, coarse
Kemeralda, pressed .strip
Guayaquil, pessed, strip.
Panama str! p
Carthagena, pressed
Nicaragua, *heet
Nicaragua, scrap
Honduras, sheet
Mexican, sheet
n J*
ign
SPIRIT8-
16
10
growths
Swedes ordinary sites...* lb.
Bar rented, Eng. and Amer per ton.
Cj* FttK-
ord. car
I
Yearlings
Bar,
2 6J
2 III
Stove....
2 9J
Ch'nut... 2 40
2 75
2 o5
" 50 ceats a lilltlonal lor delivery at New York.
quotations are for Wilkesbarre coal.
5 L. & *
ttio,
7
1^
INDIA RUBBKR-
u
COAL-
Bchetltile.
to fslr...
:lum to choice.
Western
Olds, all
n>.
"
"
CUKK8B—
delivery:
new cop. low
me
Kaitern.
to
fair
choice
Weot'n creanvry .rood to pr
.1*8
Yorks.
do
Forelgn
Domestic, common
Domestic refined
Cloves
do sterna
HOPSNew
ji'tV
",""
Mace
"
Nutmegs, Batavla and Penang "
12
a
<
•
,...f
SPICKS—
'.0
n a
*'
Matamoraa.
do ..
WetSalted-Buen. Ay, selected "
Para,
do.... •'
California,
do.... "
Texas,
do..., "
«. /.stock— Cal.,slaught.cow. "
"
Calcutt', dead green
•'
Calcutta. huKulo
'''."
'
SPKLTKR-
HIDKS20
...
foreign
Unseed, Bombay
a
•
...
Flaxseed, American, rough
Linseed, Calcutta
1>4»
Z-rB-Buenos Ayres^elected. .»».
00
00
00
23
Hemp,
25) 00
am
":
....::.:.
*
Canary, Smyrna.
Canary, Sicily
Canary, Spanish.
Canary, Dutch
CO*
coa
o<a
145
....
Manila
•a
50
30
2 50
a
....
.Vton.
,
Jute
90 66
20 00
American dressed
Italian
...
9 22
a
a 43
• 45
915<j
a
a
73 00
&
*x
aft
„....'
m Mtk
Timothy
HKMP AND JUl'K—
AfB.n-
State,
77
report under Cotton
HAY—
PRICES CURRENT
Pot,
«
..
8-16®
II
w
a.
X
f
s.d.
s-iea
». <>.
13-64
1
»
174 asoo
300
«
B
....a
6X9
....91
....91
S
JK
•
3
.a
THE CHRONICLE
78
&
Trask
OKLY
Francis,
BANKERS AND BROKERS.
TO Broadway 4
New
16
St.,
New *ork
Transact a General Banking Business.
STOCKS, BONDS an* GOLD Bought and
Sold OB
Commission and carried on Margins.
Deposits Kecelved and Interest Allowed.
Account* of Country Banks and Bankers
•calved on favorable terms.
XW
&
Hatch
-BANKERS,
No. 13
&
A. H. Brown
Hong Kong &
Direct Line to France.
Head
The General Trans-Atlantic Cora pan y'r
8.
W
lions Kong.
Office,
POMEROY
VOIIK AND
NEW
Will
Jf'.. 59
Mail Steamships,
re
Shanghai
Banking Corporation,
Bima
Foote,
WALL STREET
BUT AND 8RLL
GOVERNMENT BONDS. GOLD, STOCKS
ytfiCKLLANBOl'S BKCITK1TIF.S.
&
Russell
St.,
Co.,
AND SHIP AGENT
HonK Kong, Canton, A moy, Foochow
Shanghai and Hankow, China.
Boston Agency,
I.
)
MURRAY
FORBES, V
Central Steekt. 1
jO
New York
S.
W.
Agency,
POMEROY
59
AND
Co.,
W
:
i
R ope.
e
r
STEEL AND CHARCOAL
IRON of superior quality
MIXING AND
HOISTING PURPOSES, io-
LOUIS DEBEBI1N,
Agent, 55 Broadway.
suitable for
cllned Planes, Transmission
of Power, &c;
NASSAU STREET,
County Bonda
Railroad, City, and
and Mocks
BOUGHT AND SOLD.
E.
7
For West Indies and South America, Calling at
the following ports, viz.: Kingston (Jam.), Cape
Hayti, Gonaives, St. Marc, Port au Prince, Aux
Cayes and Jacmel, in Hayti Santa Martha. Savanllia, Carthagena and Asplnwall, in Colombia; and
Ureytown, Nicaragua.
Regular Fortnightly Sailings from Pier No. 51
North Kiver as follows
For liaytl. Colombia, Greytown, Port Liman, Asplnwall. Panama, and St uth Pacific Ports
July 291 AILSA
Aug. 13
ATLAS
For Kingston (JaiB.). Hayti and Maracalbo
E.R.Mudge,Sawyer&Co
BOND ANB STOCK BROKER,
MAIN STREET
333
AGENTS FOR
(HILLS BLOCK),
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Special attention paid to investment orders for
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PHIA.
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or
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$200,000.
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AND
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Harper's Weekly or Bazar) will be sent lor a year
both postpaid; or, for 19 50 Thb livlng Aojc and
the St. Nicholas or AppletotVe Journal.
Ike civilized icorUt,
—'Fh
1
*'
t
United States Banting Company.
A
In stock.
IllTHI-
No. 109 Dnane Street.
His Celebrated Xumbera,
STEEL
303-404- 70-3B -332,
1
I
and his other styles may be had of all dealer*
throughout the world,
|
Joseph Gillott & Sons,
n«w York.
<
i
5
representing every de-
Knowledge und Progress.
AUK is a weekly magazine giving
double-column octavo pages of reading matter yearly
It presents in an Inexpensive form, considering its
Turner
And all kinds of
COTJTON CANVAS, FELTING DOCK, CAR COVKK
ING, BAGGING, RAVENS DUCK, SAIL TWINBfl
AC. " ONTARIO SKAMLESS BAGS,
oi
Livi.Mt
more than
Co.,
"AWNING
1
the productions of the
and an amount
ed without c-arge. Loans carefully placed also on
Real EBtate l a the Cities of New York, Brooklyn,
Jersey City, Newark, &c.
TEMPORARY LOANS made
readers
the
business property In Cincinnati, Cleveland, Indianapolis, Detroit, Chicago. St. Louis, Kansas City and
other large Western Cities. Current interest collect-
Revenues.
its
foremo-t authors above named -find many others;
embracing the choicest berial ana Short itoriea by
on Western Farm
Mortgages, at8,9& 10 per cent Interest, and on choice
Cities, Railroad
to
will furnish
33
LOANS CAKE Put LY PLACED
ana
jeprcsented in the
Jan 1, 18.9. The Living Aon entered upon Its One
Hundred «nd Fortieth volume, During the year It
"Trustees of Estates, Guardians, Fire & Life Insurance
Companies, Saving Banks.s Corporations and other
Investors. Strictly Conservative.
;
others, are
pages of
York
Supplied.
George A. Clark
.
Aisyl »»ni. Black, Miss Thackeray,
Miss Muloch Geo. MacUonald, Mrs.
Olinliant Jean Ingclow, Mrs. AlexHardy, Matthew
ander, Thomas
Arnold, Henry KliiRsley. Turgncnief,
Carly Ic, Kuskin, 'lennyson, llroun.
SIIPER-CARBOXATE
CO.
The Greatest Living
Authors, such as Prof.
Max Muller, lit. Hon.
W. li Gladstone, Jas.
A. Froudc, Prof. Huxley, It A Proctor, Ed.
A. Freeman, Prof. Tyndall, Dr. "W. B. Carpenter, Frances Power
A Cobbc, The Duke o
MANUFACTURERS OP
PINE STREET, NEW YORK.
MONEY CAREFULLY INVESTED for Capitalists,
rs\.
&
John Dwight
(INCORPORATED.)
Capital Stock
Publications.
Co.,
New inula,
Atlantic ro.toii 11111k,
Saraioga Victory Bits Co.,
AND
Hosiery, shirt* and Drawers
From Various Mills.
Bl a. ON,
NEW YORK.
15Uh*cm);v m.
43 & 15 Wuitk Stkkit.
PHILADELPHIA,
J. W. DAYT'iN. £» Ookstnitt Strrkt.
Western
INVESTMENT
Mfg
Itllerton
.New York, New England
&
t'hu-opee
Iflllltt,
Burlington Woolen Co..
York,
ST. LOUIS CI J* If & COUNTY BONDS
AND ALL OLAKSBS OF
INVESTMENT 4 MISCELLANEOUS SECURITIES
*efern iiv nerrnlfslon to W. S. Nichols * Co.. Banker*
Commercial Cards.
Washington
Blakeslee,
New
St.,
DKAI.B2 IN
No. 37 Wall Street.
Stocks
Cash paid at once for the abo'/e Securities j or they
on commi ssion, at elWe ontlou
J. 33 Wall
first-class
will hr sold
F.
Alden Gaylord,
Aug. 7
July 24 CLAR1BEL
passenger accommodations.
P1M, FOIUVOOD & CO., Agents,
|
Superior
A SPECIALTY.
B.
MASON
Broadway. New York.
:
ETNA
Dealings In
Insurance
constantly on hand from
which anr desired length
are cut. FLAT STEEL AND
IRON ROPES for Mining
purposes manufactured to
order.
A: CO.,
;
:
PINE STREET.
Also Uai
and BBfor
Suspension
Bridges, DerrtckGuys.FerrT
Ropes, Ac
A large stock
Chips' nipping,
:
Bailey,
S.
jvan'zed Charcoal
Atlas Mail Line.
Stanton,
S.
T.
Jr..
St.. N.Y
Wall
:
flneclal attention to business of country hanks
19
N. T.
COMMISSION MERCHANTS
II .Wit*:.
The splendid vessels on this favorite route for the
Continent -cabins provided with electric bells-will
of
suil from Pier (new! No. 42 North Kiver. foot
Morton street, as follows:
Wed.. July SB. 8 A. M.
CANADA. Franguel
.11'.
M.
Wed.. July SO.
LABRADOR. Sangller
Wed.. Aug. 6,8 A.M.
ST L.AUUKNT. Jouclo
PH1CE OK PASSAGE, (including wino)
cubin,
$65
cabin,
second
$100;
To Iluvre— First
third cabin, &S5; steerage. $26, Including wine, bedding and utensils.
^
Heturn tickets at very reduced rates, available for
twelve months.
For passage and freight apply to
BaNKEKS and brokers,
Wall St., Cor. New, New Vork.
INVESTMENT SECUI1IT1ES.
•»
Commercial Cards.
Steamships.
Financial.
XXIX
[Vol.
SPENCERIAN
A
GAY,
Ho«»nir.
In 20 NUMHEIIS, of superior
English make, suited to every style
of writing. A Sample of each, for
trial, by mail, on receipt of 20 t 'TS.
ASK YOUK STATIONK it KOK
PENS.
THB SPENCBKIAN
PENS.
l¥:»Ol',lilaKfllllll,lilVIOf&Cll
NEW VORK.
1
July
THE CHRONICLE
19, 1379.
In§urancc.
inc.
ii-ii r;i
I
Cotton.
HOME
Knoop, Hanemann 6c Ccr
Company
Insurance
OFFICE, No.
of the Company on the
day of January, 1870.
all
for Re-lnmrance
for Unpaid Losses
and
SflO,OM 40
94
other claims
Mutual
Insurance
Banks
Bonds and Mortgages, heme
in
|117,«S3
•
tlrst lien
ig'SS S
00
238,.
iS
„,„,„,.
212,195 «
Keal estate.
;;•;•
Premiums dueKiua uncollected on Policies
Issued at thlsVotnce
»»(
so
iS'Si
104 430
£
8
>M
PC
'
)
'
»e,'90,sra*o
Total
CHAS.
J.
II.
J. .il.llM'lx, President.
Secretary.
WASHBURN,
A Dividend of FIVE Per Cent ha»
been declared, payable on demand.
MARINE AND INLAND INSURANCE.
OFFICE OF THE
ORIENT
Mutual Insurance Co.
Assets, 31st
December, 1§78,
Edward
Walter Watson,
V rnesto G. FabbrL
Henry E. Syrague,
John Welsh, Jr.,
Lewis Morris,
Anchincloss,
Lawrence Wells,
William Pohlmann.
Alexander Hamilton,
Chas. F. Zimmerman:!.
Consiautin Mete'.as,
Carl L. Recknagel,
Theodre
F. Ca y, Jr.,
Carl Vietor,
Win.
Fachiri,
C. L. F. Rose,
Ramsay crooks,
Wilson,
F. Cousinery,
Gustav Schwab,
Arthur B. Graves,
U. L. Chas. Henanld,
George H. Moi gan,
L. M. Calvocoressi.
W.
S.
EUGENE DIJTILH, President.
ALFRED OGDEN, Vice President.
CHARLES IRVING,
ANTON
Total amount of Marine Premiums.,
No vo'.icics have been issued upon
Secretary.
$5,858,006 83
discon; nor upon Fire,
nected with Marine, Risks
Premiums marked off from 1st January, 167S,to 81st December, 18Ti..„
Losses paid during '.he
sai.e psr-.od
assets, viz.:
New York
Bank and other stocks.
Cash in Bank
Total
amount of
Assets.
.*.'
.
$10,086,758 00
Orders to Purchase Cotton In onr market so '4 cites
Refer to Messrs. THOMAS J. SLAUGHTER. Sew
York
Felix Alexander,
AUGUSTA, GEORGIA.
Henry Hentz & Co., Commission Merchants Ke
York; William 15. Danadc Co, Troprletors Coxma
oial a>t> FutAXOub CnaoMCLz, and other Ne»
Yoik Rouses.
I'nblicutiom.
701,200 00
619,031
1.0
1,529,259 74
^
881,210 92
."."....
$13,320,463 16
Six per cent. Interest on
Metropolitan Elevated
RAILWAY.
OPEN FROM
A. M. TO
BB
Rector Street— Nearest point
12 P. H.
for Wall St. Ferry
and connects with tho cars for South Ferry. Cortlandt Street— Nearest point, for Jersey City and Communipaw Ferries. Park Place. Chambers Street.
Franklin Street. Grand Street. Bleecker StreetConnects with cars for Kant and West. 8th Street.
14th Street. 23d Street. SSd street. 42d Street—
5:80
Connects with
New York
Transfer Company's cabs
for Grand Central Depot. 50th Street and Bth Ave.
5»th Street. 03d Street and 8th Ave. 69th St. and
9th Ave. 72d Street and 9th Ave. 81st Street and
9th Ave. 93d Street and 9th Ave. l«th Street and
9th Ave. For op-town trains take east side Btations.
For down-town trains take west side stations.
Trains will run to 98th street and oth ave. and
104th street and 9th ave. alternately.
Sunday trains from 12:30 P. M. till 12 midnight. 1
1-
A
it 10
TEN CENTS.
Except between the hours of 5:8u and "30 A. M. and
5 and 7 P. Id., when tho fare Is Five Cents.
WM.
M.
GAKKISON,
President.
Superintendent.)
It.
VAN BROCKLIN,
Co.,.
Cotton Factors,
VICKSHURC, MISS.
Entire attention given to purchase of COTTON on
for STINKERS and EXTORTERS
ConRKSPOKDKNCK SoLtCTTKD.
References :— National Bank of Augusta, Geortrta
United States and State of
Stock, City,
Corr*.
ORDER
the outstanding
be paid to the holders
thereof, or their legal representatives, on and after
Tuesday, the 4th of February next.
certificates of profits will
The
Christian Advocate:,
NEW YORK.
LEADING NEWSPAPER OF THE METHODIST
EPISCOPAL' CHURCH.
Circulation over G9,O0O Copies Weekly.
The
Outstanding Certificates of the issue
of 1875 will be redeemed and paid to the holders
thereof, or their legal representatives, on and after
Tuesday, the 4th of February next, from which date
all interest thereon will cease.
The certificates to
be produced at the time of payment and cancelled.
A Dividend
of Thirty per cent,
is
THE PUBLISHERS
ITSIXBS HOUSES
THE CHRISTIANADVOCATE present to
Who
Of
de-
on the net earned premiums of the Company,
for the year ending 81st December, 1878, for which
certificates will be issued on and after Tuesday, the
6th of May next v
'
By order
of the Board,
Its
readers, in Its week-
J. II.
ly issues,
a paper SEC-
CHAPMAN, Secretary,
dium that
In
Charles Dennis,
D. Jones,
W. H. H. Moore,
David Lane,
Lewis Curtis,
James Low,
Gordon W. Burnham,
Charles H. Russell,
munlty where
the
in
Is
evinced
large
present
STEADILY INCREASING CIRCULATION of the paper.
It has a large local
and
John D. Hewlett,
WilSam H. Webb,
Jersey City and Phila-
Charles P. Burdett,
Horace Gray,
John Elliott,
Robert B. Mlntum,
George W. Lane,
delphia, an* goes,
also.
Into every State
and
James Q. DeForest,
Charles D. Leverich,
William H. Fogg,
and Canada and Europe.
Edmund W.
Corlies,
J. D.
Thomas
B. Coddington,
A. A. Raven,
Benjamin H. Field.
JONES, President
CHARLES DENNIS, Vice-President,
W. H. H. MOORE, 2d Vice President.
A. A.
RAYBN,
3d Vice-President. J-
Its
ter class In every
Josiah O. Low,
Royal Phelps,
Alexander V. Blake,
Charles H. Marshall,
Robert T. Stuart,
Frederick Chauncey,
William Bryce,
Peter V. King,
Horace K. Thurbcr,
William Degroot,
:
of the Church appreci-
Wm.
A Hand,
pays te
That the membership
Francis Skiddy,
C.
It
patronize. Reason
readers are of the bet
Adolph Lemoyne,
William E. Dodge,
Thomas F. Youngs,
Sturgis,
an Advertising Me-
point of actual merit.
and
J.
Indokse It Highly
as
of Its
Columns
Advertising
PUBLICATION
ate this fact
TRUSTEES!
are in the con-
stant habit of using its
OND TO NO OTHER
kind in the world
ISSUES EVERr
0YER$ 80,000,000.
Co.,
COTTON BROKER,
$2,012,784 45
The Company has the following
HNCECOMM
OF NEW YORK.
CASHASSEIS
&
solicited.
clared
JF.S.WINSTON, PRESIDENT
APPROVED DESCRI PTION OF
LIFE AND ENDOWMENT POLICIES
ON TERMS AS FAVORABLE AS THOSE OF
ANY OTHER COMPANY.
ORGANIZED APRIL 12™ 1842.
CO.
A
V
W. Lamkin &
D.
4,186,024 93
Return- of Premiums and
Expenses... $859,960 58
A1ETZ, Assistant Secretary.
UTUALIIFI
.
Kr.FKiixM.-ia.— Third and Fourth National Banks'
ana Proprietors of TukCiiromclk.
Wm.
Lify Risks
wise
Real estato and claims due the Company, estimated at
Premium Notes and Bills Receivable.'
Alex. M. Lawrence,
John D. Dix,
Charles Mtinzinger,
spondence
conformity to the Charter of the
Company, submit tho following Statement of its
affairs on the 31st December, 1878:
Premiums received on Marine Risks,
from 1st January, 1873, to 31st Decoxber,1378
{4,009,309 47
Premiums on po'icies not m irked off
1st January, 1878
1,8)8,697 36
TRUSTEES.
F. Davison,
I
Special attention (riven to Spinners' orders.
23, 1679.
in
Loans secured by Stocks, and other-
Henry DeB. Kouth,
E. H. R. Lyman,
Henry R. Kunhardt,
Hugh
The Trustees,
York, January
91,123,270 63.
George Mosle,
H
NASHVILLE, TENNESSEE.
New
8,1
3,2*.. 12ft UU
£
I
:
COMMISSION MERCHANTS
6-1
on „,„_,„_
V..S96 US
real estate (worth W,4Sl,a»)
United States stocks (market value)
Bank StockB (market value)
State and Municipal Uonds (market value)
Loans on Stoeks, payahle on demand
(market value ot Mraurltloa, *SH.0Sl ;0)
Interest due on 1st of January, li',9
Balance In hands of Agents
I
COTTON
SUMMARY OF ASSETS
Cash
I
.
Co. John F. Wheless
$0,390,352 40
TOTAL ASSETS
I
I »
1 ,363 ,48 8
Net Surplus
n
iUanrheater and Liverpool,
$3,000,000 00
1,166,171 00
CASH CAPITAL
Reserve
Reserve
sons-
AT L ANTI C
first
merchant*,
EXCHANGE PLACE, NEW YORK.
S3
BROADWAY.
119
Fifty-First Semi-Aiinual Statement,
SHOWING THE
I
ooonminsioN
OFFICE OF THIS
OF NEW YORK,
circulation
around
New
the
In
cities
of
York, Brooklyn,
lates
;
It
com
circa
in fact. Just
the
people that first-class
Business Houses desireto reach.
PARTICULAR ATTENTION Is given that
no Advertisement calculated to mislead
the
readers of the paper la
Inserted.
CORRESPONDENCE
Territory of the Union,
SOLICITED.
ESTIMATES PROMPTLY FURNISHED 0»
APPLICATION.
PIIIIXIPS
&
HiraiT,
PUBLISHERS.
No. 805 Broadway,
New
*©**•
,
r,
THE CHRONICLE.
Yi
[Jely
Cotton.
Cotton.
Cotton.
Lxdmav, Abraham &
Woodward &
Stillman,
SEAMKN'S BANK BUILDLNG.
74 & T6 Wall
NEW YORK.
N<»«.
Street,
GENERAL COMMISSION MERCHANTS
LOANS -H \ «»•: ON ACCEPTABLE
New
INMAN,SWANN&Co
LEHMAN BRO'S,
Cotton AND Factors
Cotton Exchange Building,
COMMISSION MERCHANTS,
&
York.
Co.,
40
SOUTHERN SECURITIES.
Fielding,
Gwynn & Co., B.F.BABCOCK&CO.
COMMISSION MERCHANTS,
St.,
New
Messrs. JAMES FIN LAY & CO.,
LIVERPOOL, LONDON AND GLASGOW.
COMMISSION MERCHANTS,
FINLAY, MCIR &
140 Pearl
and sold on Commission
In
&
R. Smith
B.
Co.,
street, N.
ellvery.
(Successors to
54
GRAY &
NO. 95
WATER
Agencies for the purchase of Cotton at
principal Southern Markets.
&. J.
E.
(Successors to
of the
all
H.
AND
FINANCIAL, AGENTS,
New
York.
Advances made on Consignments.
&
MOODY &
Special personal attention to the purchase and sale
''CONTRACTS FOR FUTURE DELIVERY" OF
COTTON.
Ware, Murphy
& Co.,
COTTON COMMISSION MERCHANTS,
111 Pearl Street, New York.
Special attention paid to tie execution of orders
for the purchase or sale of contracts for future
d -livery of cotton. Liberal advances made on con-
ignments.
Advances made on Consignments. Future Conbought and sold on Commission, In
tracts for Cotton
Liverpool.
&
Bennet
Foulke,
GENERAI
COMMISSION MERCHANTS,
Macaulay
&
Co.,
Contracts for Cotton bought and sold on
In New York and Liverpool.
Commission
James F.Wenman& Co.,
4 (J
COTTON BROKERS,
Pearl Street, near Wall, N. Y.
&
Waldron
(Successors to
Co.,
Re-ineurancefund.
Unpaid
Dennis Perkins
8c
Co.,
Pearl Street,
OTICE.-A
New
York.
GENTLEMAN OF LONG
experience In the Cotton Trade Is desirous of
procuring a reliable agency for any of the cotton
markets of the South. Very highest references
given. For further particulars see written communication at the office of the CuMiusitt'lAL axd Fi-
nancial CUHONICLK.
losses, etc
North
&
British
Mercantile
97 PEARL, STREET,
NEW
Co.
Ins.
OF
LONDON AND EDINBURGH.
United Stales Board of Management,
NEW FORE
:
SOLON HUMPHREYS, ChVn,(E. D.Morgan & Co
DAVID DOWS, Esq. (David Dowa & Co.)
E. P. FABBRI, Esq. (Mrexel, Morgan & Co.)
Hon. S. B. CHITTENDEN.
EZRA WHITE. Esq.
J. J.
ASTOtt, Esq.
CHAS. E. WHITE, SAM. P. BLAGDEN,
Office
MANAGERS,
54 William St.,
New
Liverpool
&
Tainter,
NOURSE & BROOKS>
London
<fr
York.
Globe
YORK.
Insurance Company^
Future orders promptly executed.
L. F. Berje,
45 William St.
TTON BUYER AND COMMISSION MERCHANT
NE
W ORLEANS,
A. L. Pierce
Engineers
&
L A.
J,
E.
FFESFORD,
Co.,
& Real Estate
VKKSBURG,
Resident Manages.
Agents,
mCISS.
LsOmmercial
lands furnished. Our field of operation embraces
iss issippi.
t he States of Lou isiana and
M
MANCHESTER
Locomotive
COTTON BROKERS,
111°
...
NET SURPLUS, Jan. 1, 1879.. $2, 045, 458 94
Wo. 2 Cortlandt St., New York.
JAS. A. ALEXANDER, Agent.
COTTON BUYERS & COMMISSION MERCHANTS
Purchase, sale, entry and redemption of lands and
fayment of taxes for non-residents attended to.
60 Stone Street, New York.
nformation as to value and local advantage of
O *d«r« In Fatnros executed at N. Y. Cotton Exchange
1879
$6,914,147 79
$3,000,000 00
1,617,18!! f5
851,499 00— 4,868,68! 85
1,
Capital
Delivery.
Civil
&
Total Asset?, January
Special attention given to the execntlon of orders
(established (In Tontine Building) 1811.
H. Tileston
New York.
for the purchase or sale of Contracts for Future
WILLIAM STREET, NEW YORK.
23
Fuui
121 Pearl Street,
GENERAL COTTON MERCHANTS,
OMISSION MERCHANTS,
OF HARTFORD.
Co.,
AND
New Yoru and
Company
Insurance
JEMISON),
Ot
1
MTNA
RANKERS, COTTON FACTORS
132 Pearl Street,
3,909.
in Store.
GENERAL COMMISSION MERCHANTS,
No. 123 Pearl Street, New York.
Farley,
COTTON FACTORS,
COMMISSION MERCHANTS,
O Box
made on COTTON
Jemison
S.
STREET,
BOSTON, MASS.,
H. W.
MERCHANTS AND BANKERS,
HROAJJ STREET, NEW YORK.
Liberal Advances
CO.),
COTTON BUYERS AND BROKERS,
[so.
Insurance.
WALTER & KROHN,
ersonal attention paid to the execution
or the purchase or sale of contracts for future
F.
4T Hroadway, View \'orK.
PEARL STREET. NEW YORK
136
COTTON BROKERS,
COMMISSION MERCHANTS,
YORK,
NEW
109 PEARL STREET,
S3 REAVER STREET, NEW YORK.
AND
21 Central Street, Boston.
R. M. Waters & Co.,
Liberal advances made on consignments. Prompt
of orders
Co.,
Co.,
COTTON BROKER,
COTTON
Almy &
_^
&
Y.
Geo. Copeland,
bought
New York and Liverpool.
Stbbet.
OTTON FACTORS A COMMISSION MERCHANTS
CO.,
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON
Wall
50
Sawyer, Wallace
Also execute orders for Merchandise through
Messrs.
Receive consignments of Cotton and other Produce
and execute orders at the Exchanges In Liverpool
Represented In New York at the office of
BABCOCE BROTHERS & CO.,
York.
Advances made on Consignments to
LIVERPOOL,
17 Water Street,
COTTON FACTORS
COMMISSION MERCHANTS,
Soutb William
York.
Ordert executed at the Cotton Exchanges In New
York and Liverpool, and advances made on Cotton
and other produce consigned to us, or to our correpondents In Liverpool, Messrs. il. Newgass & Co.
and Messrs L. Rosenheim & Sons.
GENERAL
8
EXCHANGE PLACE,
New
of cotton.
Henry Hentz
New
101 Pearl Street,
LOANS MADE ON
for
Special attention paid to the execution of erdera
delivery
the purchase or sale of contracts for future
Lehman, Di'rk & Co.,
Montgomery, Ala.
Co..
Orleans, La.
COTTON
COMMISSION MERCHANTS,
MHiiin.
Uberal advances made on Consignments.
19, 1879.
Works,
Union
Ca
(OF LONDON),
MANUFACTURERS OF
Locomotives and Amoskcag Steam
Fire Engines,
ALFRED
PELL,
Resident Manager,
MANCHESTER, N. H.
ARETAS RLOOD, ~ W. G. MEANS,
Treasurer,
Supcrlntendent,raBJB5l
Manchester, N. HT_j3Sl40 Water street, Boston
Ins.
37
&
89 Wall Street
@FedFRASER