Full text of Commercial and Financial Chronicle : July 2, 1881, Vol. 33, No. 836 [Copy 1]

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II

V

amnttrtia
HUNT'S

MERCHANTS’

MAGAZINE,

9 3ft**fct8 3Mw*PBp**>

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS

OP

THE

UNITED

STATES.

lEutered, according to act of Congress, in the year 1881, by Wm, B. Dan* & Co., in the -Hire of the
Librarian of Congress, Washington, D. C.l

VOL. 33.

SATURDAY, JULY 2, 1881.
C ONTE NT8.
THE

Our

The

Commercial
Congress

and for Eleven and Twelve

Power

of

Months Ended May 31,1881
and
Commercial

Monetary

Swine and Their Products
Cotton Consumption and Over¬
land Movement to .Tune 1
Financial Review of June,1881
THE

Money Market, Foreign

BANKERS’

Ex¬

Bonds

Range in Prices at the
Stock

and
13
N. Y.

Exchange
THE

English News

10

News

11

GAZETTE.

Returns
General Quotations of Stocks
and Bonds
Investments, and State, City

14
and Corporation Finances...
COMMERCIAL TIMES.

Commercial Epitome...

24

Cotton.a

25

j Breadstufts

J Dry

and yet

without

Railroad Earnings and Bank

change, U.S. Securities, State
aud
Railroad
Stocks

9

_

Commercial and Miscellaneous

...

difficulty with such reasoning as the above,
years furnish no analogy for us now, mainly
because the commercial situation is so
incomparably strong
and idle capital the world over is so
singularly abundant.
Who ever heard of a time when business was
specially active
is, that former

Imports and Exports for May,

Foreigu Commerce

836.

The obvious

CHRONICLE.

Tlie Financial Situation

NO

15

16
22
29

Goods

30

bank directors met in their parlors week after week
single piece of commercial paper being offered for

a

discount ?

This is what

encing now,
cial activity.

even

our

down-town banks

are

experi.

in the midst of this wonderful commer¬
Or who can recall a summer—the period of
the year when the body of our
crops has been moved-—
when we kept up each month a favorable balance of
many
millions on our foreign trade ?
To-day we publish the
Government

^lie Ctarniclc.
Commercial

figures for May, and they show a merchan¬
our favor of
The
$8,616,000, against $789,000
and Financial Chronicle is issued
every Satur¬
last
day morning, with the latest news up to midnight of Fi'iday. .
year, while for the last two months the favorable
[Entered at the Post Office at New York, N. Y., as second-class balance aggregates $20,000,000,
against an adverse
mail
dise balance in

matter.]

balance

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THE FINANCIAL SITUATION
While the general financial outlook is

of

$3,000,000 for
same
the
months of
Then again was there ever a
period during
which money ruled continuously
When Govern,
so low ?
ment bonds paid
only about three per cent and the best
railroad bonds not to exceed four ?
When this pressure
of capital for investment was not confined to
any one
country, but was a feature of the times the world over ?
And then, finally, is there
any comparison in railroad
earnings at present with 1879, and how then can there be
any comparison of values ?
These suggestions, and others which
might be added,
clearly lead us to the conclusion that "whoever is waiting
fora panic in which to make his investments is not
likely to
be gratified this summer.
Of course stocks may decline.
Low freight rates by canal and
lake, such as now rule,
naturally force lower rates on railroads ; or a railroad
1880.

,

freight war, engineered by officials for selfish purposes,
eminently satis¬ may produce the same result.
These conditions may
factory and promising, there are certain conditions which, depress the stocks affected, but
they are only special and
when severed from all others, can be made to wear as
temporary influences like the storms'of last winter, not
squally a look as the most desperate croaker could wish, general or permanent, and are
supplemented in part by

and

the

instance,

most
our

has of late

banks

been made of

last week in their

them.

For

returns gave

their aggregate loans at 345
millions, against 285 millions
in 1880 and 25S millions in
1879, which is an increase of
iJC0 millions overl880 and of 92
millions over 1879. Then

other conditions of traffic and travel

more

favorable than

a

year ago.
Still we are inclined to look at this rate contest as
likely
to be more
continuing than we at first believed. It
is

really

natural outgrowth of the low lake and canal
freights, and the latter are most likely in part induced by
the taking off of the west-bound canal tolls.
When a bushel
of grain can be brought by water from
Chicago to Buffalo
for 4|c., and from Buffalo to New York for
4|@5c., and
quarters of the bank loans are based on
just such securi¬ likely to drop lower, our railroads would not carry a car
ties. Hencethe argument is that this, is all a vast fiction load if
they maintained last year’s prices. So they put
making a panic inevitable which will wipe out the fiction, their rate down to some say 7c. a bushel from
Chicago,
as

again,

far as these loans are based on Stock Exchange
Values, it is quitfe true, as many assert, that a return to the
selling rates ol 1879 would wipe out the entire increase in
loans; and furthermore it is likely that more than three-

a

so

the baseless values of 1873




were

wiped out.

but make

no

time contracts

(so that

an

advance

can

take

/
r

I

THE CHRONICLE.

2

[VOL. XXJUII.

supply has been fully equal; to the demand, and the
has brought out liberal
offerings, so that the rate immediately fell to about
@4
per cent. The rates for domestic exchange at interior
points show little change, the most notable being that at
Chicago, where the rate is $1 00 per $1,000 discount,
thus enabling gold to be sent from this point, while at St.
more nearly approach last year’s figures. *'
Louis the rate is par.
This condition of the exchange at
Of course the fact that the present crop is a late one,
whereas last year’s crop was an early one, influences the Chicago is due t© the heavy movement of grain at that

becomes feasible), and got a large
business which, as a temporary expedient, they find profit
in doing. This disturbed condition it would seem may
last until the new crop begins to move freely enough to
make some competition for freight-room, and then the
lake and canal rates may advance somewhat, until they

place the moment it

the

occasional advance to *6 per cent

point.

question of rates materially. Besides, the circumstance of
The Treasury operations of the week, exclusive of the
later maturity is used to give greater plausibility to the
transfer of $1,200,000 gold from San Francisco, have
claim of a much smaller production.
Up to this time,
resulted in a gain, which is a loss to the banks, of $342,however, we see very little to substantiate the small-crop
487.
The payments by the Assay Office for domestic
assertion. The States east of the Mississippi are expected
and foreign bullion have amounted to $21,824, and the
to furnish less, but no other fact is really established as
following shows the daily receipts by the Treasury from
yet, except the obvious one that west of the Mississippi the the Custom House.
1
acreage has been largely increased; how largely is almost
wholly surmise. On that point the chances are in favor
Consisting of—
of an under-estimate, for all the tendencies during late
Unties.
Date.
Silver
Silver
XT. S.
Gold.
years have been towards enlarging production.
It is the
Dollars. Certificates.
Notes.
feature of our recuperative movement, and its force has
$202,000
$62,000 $15,000
24
$278,994 34
not spent itself in that section.
Then to, a larger produc¬ June 25....
239,000
$1,000
6,000
149,000
393,575 76
227,000
9,000
tion west of the Mississippi furnishes a longer haul and
136,000
27....
371,779 03
319,000
1,000
25,000
151,000
28....
491,766 20
therefore more business for railroads than the same
296,000
19,000
154,000
29
468,965 89
302,000
amount of decrease in production would lose them in
2,000
20,000
146,000
30....
468,951 06
Illinois.
Hence even on the question of wheat production
$798,000 $94,000 $4,000 $1,585,000
Total... $2,474,032 27
-

...

ii

ii

u
ii

...

ii

"

unfavorable—its move¬
ment is only delayed; whereas travel and general traffic are
increasing constantly with the expansion of our indus¬

the outlook

for

our

roads is not

consuming power.
view of the foregoing, it is no surprise

following shows the net Sub-Treasury movement
ended June 30, and also the receipts and

for the week

shipments of gold and currency

tries and
In

The

(notwithstand¬

prices) to find in general a firm under¬
and more especially since all
the other developments of the week have tended in the
same direction.
The early movement downward was ar¬
rested by purchases by parties who had been waiting for
the decline and also by the manifest scarcity of leading
stocks. Then again, contrary to general expectation, the
settlement on the London Exchange caused not the least
flurry at that centre, and it was followed by a very strong
market for all American securities.
Furthermore, the
closing up of Mr. Windom’s operations for extending
the 5 per cent bonds was encouraging, since now that the
exact amount of registered bonds which could not be
extended is ascertained, it is supposed that a call will be
issued for them, and meantime payment must be made of
the balance of the coupon bonds not extended.
Finally,
as the week closes the extremely favorable exhibit of the
Treasury of receipts and expenditures for the fiscal year, and
the announcement of another large reduction of the public
debt, all tend to improve the prevailing feeling of satisfac¬
tion.
The Treasury statement is as follows. The final
figures will probably make some little alterations in these
totals, but they are stated to be very nearly correct.

ing some decline in
tone

to

Into Banks.

the stock market,

Fiscal Year

Fiscal Year

Estimated for

1S80.

1881.

1881.

‘

Treasury operations,
Interior movement

Receipts—
Internal revenue..

124,009,373

135,000,000
31,000,000

130,000,000
25,060,000

$363,250,000

$350,000,000

$333,526,610

Total

Total

Expenditures—
War

Navy
Indians

Pensions

-...

public debt...

$57,508,850

$65,666,432

$56,350,000

38,110,91G
13,536,984
5,945,457
56,777,174
95,757,575

40,894,457
6,540,745
50,292,246
84,571,478

41,000,000
15,000,000
6,650,000
50,000,000
91,000,000

$263,846,949

$260,000,000

Total..'

Money has been moderately




15,881,588

active during the week, but

Net.

,

$342,487
1,542,000

$342,487

971,000
$971,000

$1,884,487

$913,487

571,000

following gives a detailed statement of the receipts
and shipments from New York by the principal

The
at

banks.
a

Receipts at and Shipments from N.
Currency
Gold

Received.

Shipped.

$971,000

$972,000

Y.

570,000

;

$1,542,000

$971,000

Total

Bank of England for the

The return of the

week shows

gain of £200,000 bullion and that of the Bank of France '
increase of 4,595,000 francs gold and 1,356,000 francs,
The following table exhibits the amount of bullion
silver.
in each of the principal European banks this week and at
the corresponding date in 1880.

a

an

June 30,

Gold.
a

Bank nf

Total

week

previous week.. i..

fTjp’ Tlie above
Bank of Germany

July 1, 1880.

Silver.

Gold,

£

£

•

Silver. "
£

29,319,390
26,049,032 50,164,270 31,935,515 49,929,354
9,702,000 19,404,000
9,502,520 20,231,520

"England

Total this

1881.

27,235,419

Bank of France

no

Civil and miscellaneous...

Interest on

$197,250,000

22,995.172

Miscellaneous

$195,000,000

$186,522,004

Out of Banks

$

net

Bank of Germany
Customs

reported by the principal

banks.

62,786,971 70,395,790 70,956,905 69,332,354
62,424,437 70,405,300 71,729,262 69.431,034

gold and silver division of the stock of coin of’the
is merely popular estimate, as the Bank itself gives

information on that point.

dull
and heavy during the week, grain bills pressing the rates
downward and the demand being barely sufficient to
absorb the offerings.
There is a light inquiry for exchange
to remit for bonds imported, and an insignificant demand
for the settlement of merchandise balances.
Scarcely
anvthing is being done in securities bv cable, although the
The tone of the

-

foreign exchange market has been

July

THE

2,1881.J

CHRONICLE.

point to a more active business. The
margin of profit for cable transactions will be seen by the
following, showing relative prices in London and New
York at the opening each day.

indications

now

June 27.
Lond'n

N.Y.

June 28.

June 29.

Lond'n N.Y. Lond'n N.Y.

June 30.

July 1.

Lond'n N.Y. Lond'n N.Y.

prices* prices. prices.* prices. prices.* prices. prices.* prices. prices* prices.

\ 17-24$
117& 116 27$ 117% 116-76$ 117% 110-76$ 118
102-65
103% 102-77 103% 103-01 103% 10313
45*73
46-40
4V73 -45%
46-50
45%
Erie
40% 46-70
46%
103% 103-13 103% 10313
2d con. 102-:5 103 & 102-65 103% 10265
140-10
Dl.Cent. 110*25 440% 139-74 139% 138T6 138% 139-80 140
U.3.4s,c. 116*68$

U.8.53,c. 10275

*. Y. C..

Beading

146-58

29-70+

103%

146

145-95

145

59%

29-43*

59

145-48

145

2910+

148 55
30 03+

58 %

146
00

146-67

3010+

H7%$
100%$
46%
103%
140%
140
61

Bkoh’go,
cables.
*

+

4-87

4-86%

4-86%

4*80%

4-86%

equivalent is based upon the highest rate for
ordinarily covers nearly all charges, such as

interest, insurance and commissions.

bond

Government

strong, and dealers report a
for

the

“Windoms”

and

be^jf steady to
good demand,from investors
market

supply and demand.

The instances

$ Ex interest.

The

activity in all departments of trade and com¬
merce, augmenting the purchasing power of a large mass
of the people, and thus favoring an increased consumption
of goods and acting as a stimulus to higher prices—not¬
withstanding all these aids to speculation, there never was
a time when
general trade was in a healthier, sounder and
more conservative state than at present.
Never before
did the commercial situation present such an encouraging
kand cheering outlook.
Except in the case of provisions, where there have been
successful efforts to push values artificially upward, mer¬
chandise transactions have proceeded upon a normal basis,
very little influenced by any consideration except the ratio
of

Expressed in their New'York equivalent.
Reading on basis of $50, par value.

Note.—The New York
©able transfers, which

increased

has

the 4 and

4^-per cents. It is
the option for extending the 5s has

Prices

where this is

as a

not the

rule

are

case are

reasonable.
few.

The

movement in

foreign goods has not been swollen to un¬
natural proportions.
In truth, when we bear in mind how
favorable has been the opportunity for a contrary course,
it appears marvelous how steady and wholesome—barring
the speculative mania which ruled for a brief period early
in 188Q.—has been the growth in this department of our
foreign trade since the revival of business activity. The
growth has kept pace with a healthy, natural increase in

expected that now
expired, the business in Government Ijonds will improve.
The call for the payment of the bonds not extended will
be, of course, for their surrender on the usual ninety days’ the demand.
notice; and this will enable settlements to be made for
A further and very remarkable feature in our trade is
them early in October.
At the close of business on that merchants
appear to be operating almost wholly on
Thursday about $89,000,000 of coupon 5 per cents had their own
capital. They are calling less and less upon the
been sent to the department, with a request for their con¬
banks for assistance in carrying through their operations.
tinuance at 3£ per cent.
This includes the amount sent This we have
positive proof of in the fact stated in a
to the London agency.
Whe?n all the bonds now on the
previous column that very few commercial bills are being
way are received, it is estimated that only about $15,0 00,- offered for discount.
There has been a large expansion in
000 out of the total of $118,646,450 coupon bonds will
mercantile transactions of late years, but if bank loans to
be left for redemption.
It is Understood that the Secre¬ mercantile borrowers were to be taken as a criterion we
tary has decided to continue about $270,000,000 of the are afraid this could not be
proved. How baseless then
registered issue, the sum of nearly $20,000,000 having is the fear of those timid souls who
predict we are on the
been received after the.23d of May, but being sent under
eve of another
grand “smash-up.” He who would read
circumstances which justify Mr. Windom in consenting to
signs of an impending panic similar to that of 1873 must
their continuance.
look elsewhere for facts in support of his gloomy forebodings. The following statement shows the imports and
OUR FOREIGN COMMERCE.
exports at the leading ports in May and since January 1.
The May statement of the commerce of the country this and last
year.
!
presents a continuance of the favorable conditions that have
EXPORTS AND IMPORTS OF MERCHANDISE AT U. 8. PORTS.
marked the course of our foreign trade for so long a time.
1881.
1880
Exports (Domestic
To be sure, the balance in our favor is not this month as
Jan.
1.
Since
Since Jan. 1.
and Foreign.)
May.
May.
large as in the months immediately preceding. That,
$
$
$
$
35,487,215 153,363,809
York
30,582,922 155,721,415
however, is of little importance. It is not to be expected New
7,241,309 50,450,123
New Orleans...
7.020,512 50,168,687
4,326,527 26,888,490
4,978,934 25,286,780
that the balance will be as heavy in a period of compara¬ Baltimore
5,805,013 25,350,624
Boston
5,835,541 30,807,021
3,831,860 16,746,706
tive inactivity as in the season wrhen, the movement Philadelphia...
2,858,263 15,150,494
2,299,004 16,040,968
1,489,515 11,446,436
San Francisco
of the crops is at its highest and all trade peculiarly All other ports.
7,485,038 56,285,220
10,532,755 68,695,43>
active.
Total
64,107,931 ?61,370,804 65,666,477 340,531,408
May is one of the dullest months in the year.
This is shown by the fact that the exports in that month
Imports.
34,884,911 182,178,155
44,384,438 223,629,768
New York
were smaller than in any other month of the present fiscal
5,709,663
1,280.366
1,870,227
5,178,430
New Orleans...
6,941,343
1,672,043
9,022,774
Baltimore
1,453,991
year.
They were' smaller, too, than in May, 1880. Yet Boston
6,695,755 96,537,769
6,663,904 29,203,217
4,881,697 19,346,461
3.449,137 13,221,611
Philadelphia
in May 1880 the excess of merchandise exports was only
2,382,879 13,283,087
San Francisco
2,408,810 13,616,53*
3,579,502 13,987,366
4,760,092 17,556,906
All other ports.
while
for
balance
$789,797,
May, 1881, the
amounts to
64,876,680 320,985,655
Total.
55,491,072 268,427,431
$8,616,859." The change was brought about, of course, by
It will be observed that although there was a smaller
a diminution in imports, which are $9,385,608 below those
for May last year..
provisions movement, a smaller breadstuffs movement and
This discloses the truly conservative basis upon which our a smaller cotton movement in May this year than last, the
trade is being carried on. Notwithstanding the speculation total value of the exports is only about 1£ millions less.
that has prevailed and is prevailing in Wall Street, which At New York, however, there is a falling off of pretty
would naturally tend to breed the same spirit in commer¬ nearly 5 million dollars.
The decrease is more than
cial circles, notwithstanding the enormous additions to our accounted for in the three items of breadstuffs, provisions
supply of active currency, tending to inflate values, not¬ and cotton. The cotton shipments at this port were
withstanding the superabundance of loanable funds the reduced 50,000 bales, or to less than one-half the total of
world over, making it possible to obtain accommodation May last year; besides, prices were lower. ^New Orleans
from the banks upon very easy terms, notwithstanding the exports show a decrease of about $200,000, to be attributed
improved" condition of the agricultural and laboring no doubt to the lower range of values ruling on cotton, as
classes, consequent upon the enlarged crops and the the breadstuffs exports were increased by more than




.

-..

..

.

,

1

’

CHRONICLE.

THE

4

Baltimore’s exports were larger because of
and cotton shipments. Boston shows a
very decided gain in its j bread stuffs exports, but this is
■almost entirely offset by a heavy diminution in provisions
and a somewhat minor loss in cotton, so that the totals of
the two years do not vary much.
Philadelphia suffers a
loss little less than a million dollars, the explanation of
which is found in the breadstuffs and provisions exports.
San Francisco’s exports have run up from $1,489,515 in
May, 1880, to $2,299,004 in May, 1881. Of the increase,
$469,140 was made on breadstuffs, leaving about $340,000
on other articles.
The breadstuffs and provisions exports
at each of the six principal ports are brought together in
the subjoined table.

[Vol. xxxni;

$400,000.

EXPORTS OF BREADSTUFFS AND PROVISIONS FROM

LEADING FORTS.
1880.

1881.

c

May.

Breadstuff's.

Since Jan. 1.

May.

Since Jan. 1.

$

5,905,867

$
10,797,351
1,002,358

15^671,543

3,023,291

6,702,761
7,230,184

1,001,862

Philadelphia

3,018,338
1,793,950
1,319,029

Ban Francisco

1,145,493

Other ports

2,277.435

10,506,016
5,118,395

2,184,722
676,353
1,346.504

17,578,113
5,468,619
9,038,892
7.706,879
5,482,625

19,804,575

91,375,196

20,032,441

94,100,895

$
New York
New Orleaus.
Baltimore

....

Boston

Total...'.

8,BOG,014
1,446,318

$
40,240,100

44,123,781
4,701,9*6 !

Value.

Quantity.

heavier provisions

May.
Barley

.hush.

14,471

bush.

7,286,263
39,666
22,186
45,469
0,958,252
639,429

Corn

Corn-meal... .bbls.
.bush.
Oats
.bush.

Rye
Wheat
Wheat-floor

1880.

1881.

.

..

.bush.
.

bbls.

1880.

1881.

23,775
0,930,836
37,168
72,871
168,098

8,732,376
534,438

Total

52,322
11,684,719
3,707,357

9
12,665
5,246,213
101,788
33,035
163,790
11,332,074
3,142,876

19,804,575

20,032,441

28,374
17.694,512

296,835
26,271,465
406,390

9
9,528
4,221,430
117,677
11,542

Since Jan. 1.

Barley..,.... .bush.
.bush.

Corn.

Corn-meal

—

.bbls.

.bush.
.bush.
Rye
.bush.
Wheat
Wlieat-flour.. .bbls..
Cats

54,245
30,638,736
175,497
97,856
578,286
48,086,288
3,277,748

425,363

46,748,798
137,302
180,285

901,603
38,675,784
2,294,826

Total

c-

506,149

86,406
832,161

49,642
621,095
53,965,938
18,509,486

52,328,357
13,879,281

91,375,196

94,100.895

provisions, high prices have again checked the move¬
ment. There is a large falling off in quantity, under which,
notwithstanding the higher range of values, the total exports
reach only $9,092,652 this year, against $11,822,911 in
For the first five months, however, the
May, 1880.
aggregate values are still above those for the correspond¬
ing period last year, the increase of the early mbnths not
yet having been wiped out. Annexed are the figures.
In

EXPORTS OF PROVISIONS,

1.

tC., IN MAT, AND 8INCE JAN.

Provision.

New York
New Orleans
Baltimore
Boston

6,016,918

10,610,701

8,269,114

38,828,081

6,043

7,747
390.583

7S.808

Philadelphia

450,475
29,687

119,357
3,658,63<
12,052,177
3,034.331

862,983
1,514.007

San Francisco
Other ports

412,539

2,295,524

159,19*;

663,035
33,495

1.930,S2(

163.413

2,862,983
9,431,504
3,125,267
158,530
1,624,500

.

9,092,652

61,565,22c

11,822,911

56,109,673

is, all except the six separately
given—the total value of the exports has risen from
$7,485,038 to $10,532,755. Unlike in previous months,
only a small portion of this increase was made at the
ootton ports.
The table further below, which includes the
more prominent ports, shows an augmentation of only
about $550,000.
The heaviest increase, it will be seen,
takes place at Galveston.
Brazos, Texas, not embraced in
the table, reports a gain of about $130,000. Brunswick, Ga.,
added $100,000 to its last year’s total.
But the most
decided improvement that has fallen to the lot of any
minor port, occurs at Huron, Michigan, where the exports
foot up $1,145,025 this year, against only $453,589 in
May, 1880. Breadstuffs and provisions contributed chiefly
to this result.
Various other unimportant points—from
At the other ports—that

Maine to Florida aud

on

the Pacific Coast—also exhibit

1880.

1881.

Beef, fresh aud
l-ard
Pork
Tallow
Butter

13,202,890
26,965,L19
29,009,179
6,050,256
8,551,039
1,201,970

Cheese

8,571,253

salted
Bacon and hams

Total

Value.

Pounds.

May.

11,391,769
75,325,397

37,178,967
7,556,460
13,055,343
2,319,773
8,266,821
0

Total

1831.

1880.

$

$

580,807
206,238
935,334

877,744
5,347,682
2,827,989
488,626
869,155
409,073
1,002,642

9,092,652

11,822,911

5,806,509
27,876,703
16,312,464
3,833,100
2,524,129
1,493,059

3;714/261

4,889,247
26.277,898
14,071,677
2,488,250
3,503,526
2,033,778
2,825,297

61,563,225

56,109,673

1,179,120
2,466,182
3,218,855
506,116

Since Jan. 1.

Beef, fresh and
salted
Bacon and hams
Lard
Pork

Tallow
Butter
Cheese

66,381.395
328,941,291

160,839,515
48,794,967
37,299,004
7,452,567
32,023,771

61,954,319
372,333,585
179,952,122
38,021,117
49,034,797
10,113,192

22,503,308

Total

THE COMMERCIAL POWER OF

CONGRESS.

just issued of the Supreme Court reports
several interesting decisions upon the commercial

The volume

contains

power of Congress.
For years past the views entertained
of this power have steadily expanded. The recent decisions

pursue the same general line, and present the subject in
gains, and under the head of “all other customs dis¬
tricts” tho Bureau of Statistics reports this year a total of aspects both new and important.
One of the cases involved the question whether a voyage
$1 ,520,54 3, against but $343,328 in May last year, show-.
between parts of the same State but upon the open sea is
iDg that the increase was widely distributed. The exports
subject to national or State authority. Every one under
at the leading cotton ports were as follows.
stands that by the Constitution Congress regulates com¬
EXPORTS OF MERCHANDISE FROM LEADING COTTON PORTS.
merce among the States, but has nothing to do with purely
1880.
1881.

small

Ports.

,

May.

$
Charleston
Galv? stou
Mobile

...

813,152
2,098,070
432,224

Since Jan.l. !

$
10,019,562
15,165,071
5,006,182
5,8^0,418
10,887,073

Norfolk, &c

336,549

Savannah

526,675

Wiimm&ton

129,422

1,664.9721

4,336,092

48.023,878,

Total

May.

Sbice Jan A.

$
8,402,185
7,m50,271
5.225,895
5,814,205
9,008,708

*
859,967
899,504
782,471
809,017
233,482
192,387

3,777,518

1.512.105

38.503,489

internal

commerce

of

one

State.

But

what

of

a

along the Atlantic or/Pacific coast, from one place
another, both which are within a State ? As to these
voyages the Constitution is silent.
The Supreme Court
says they must be regarded as subject to national, not
State authority.
The particular voyage in question was
by the steamship Ventura, plying from San Francisco to
San Diego, both within California.
She was wrecked,
and shippers of cargo sued the owners of the vessel for
their loss.
A familiar law of Congress limits the liability
of a ship-owner for such a loss to the amount of his interest
in the value of vessel and freight; and the owners of the
voyage

to

Examining the details of the breadstuffs figures, we find
that there are to be noted the same features as in previous
months.
The diminution in corn exports still continues,
while wheat and wheat flour again'show very decided
gains on last year. The two counter movements almost
“It does not
balance each other, so there is a difference of only a little Ventura invoked the benefit of this law.
over $200,000 between the value of the breadstuffs exports
apply,” argued the shippers of the cargo, “because the
in May, 1881, and that of 1880, the total of this year being Ventura was employed in commerce wholly within Cali¬
“ it does apply,” answered the ship-owners,
smaller in that amount. The annexed table exhibits the fornia.”
details for

May and for the first five months of the




year.

“because she

was

navigating the high seas.”

The Court

Jolt

THE CHRONICLE.

2, 1881-1

sustains the latter

position, holding that the

5

belongs son selling like things made in Virginia. An agent sent
to no one Ration, and a vessel crossing it engages in a by the
Singer Sewing Machine Company of New York, to
navigation necessarily connected with other nations, and sell its machines through Virginia, was prosecuted for
during which her national character only is recognized, want of a license. But the Court pronounced the Vir¬
and she is subject to such laws as the commercial nations ginia law void because it
attempted to discriminate against
of the world have established for commerce.
In every the machines
merely because they came from New York.
just sense, though not trading with other nations, she is A similar opinion was expressed against a Texas law
engaged in commerce with foreign rations. -Navigation which laid a heavy tax on all dealers in
intoxicating
on the high seas is national in its
character, and must be liquors, but exempted any wines or beers manufactured
subject to the national government.
within the State. The Court said that one State is not at
Uncertainty has long been felt whether the commercial liberty to discriminate against wine or • beer
brought from
power of Congress is exclusive in that sense which wholly another State, and in favor of such as is manufactured at
forbids a State to act, or only in that sense which allows a home.
In short, the manufacturers and merchants of
State to legislate when Congress does not.
One of the every State are to be secured, by means of the commer¬
recent cases
involved this question;
and the Court cial power of Congress, in enjoyment of equal privileges
explained that the commercial power embraces a variety in every other State with residents.
of subjects; not only traffic, but also navigation, and even
SWINE AND THEIR PRODUCTS.
improvements of rivers and harbors, and such subjects as
The
recent
course of the maikets for
pilotage. SDme of these are national in their character,
pork, lard, bacon,
and admit and require uniformity of regulation; others &c.—articles of food which, in the vernacular of the
are local, and can be regulated
only by provisions adapted American trade, are, with more accuracy than euphony,
to the localities. All commerce which consists in exchange termed “ hog products”—has been such as to arrest atten¬
of commodities is national, and needs a uniform rule. tion and challenge an
inquiry respecting their position in
Congress alone can prescribe the rule; if Congress does its relation to legitimate influences.
not act, the result is not that the States may act, but that
Mess pork is now $17 per bbl., against $12 50 one
year
the commerce in question is free.
ago; prime Western lard h 11£ cents per lb., against 7£
But pilotage, improvement of rivers and harbors, cents one year ago; and
long clear bacon is 9J cents per
and some similar subjects,
are local, and may be, lb., against 7^ cents.
What is the reason for this great
to some extent, a subject of State legislation.
advance?
The
stocks
of
In particu¬
pork on the 1st of June in this
lar while it is clearly constitutional for Congress to appro* market were 21,5G1 bbls.,
against 56,292 bbls. on the 1st
priate money for improving a harbor, deepening the chan¬ of June, 1880; the stocks at Chicago on the 15th of June,
nel, erecting buoys, &c., yet this power is not exclusive in were 212,000 bbls., against 207,400 bbls. ^ort the 15th of
such sense that a State may not make improvements in June, 1880; and the
stocks at Liverpool, as last
her harbors, provided the plan does not conflict with or reported, were 6,687 bbls.,
against 1,460 bbls. at the
hinder any scheme proceeding under authority of Congress. corresponding date of 1880;
giving an aggregate of
The power of Congress is exclusive over commerce among stocks at the three ports of 240,248 bbls. this
year, against
the States; but each State retains a police power and a power 265,152 bbls. last year. • This
certainly shows no such
over her internal commerce; these warrant her in
marked
reduction
of
stocks
as
to
making
justify an advance of the
local improvements of navigation.
Therefore the Court price more than 30 per cent.
sustained a law of Alabama authorizing a county loan and
With regard to lard, the stocks at New York on the 15th
issue of bonds, and creating a board of commissioners for of June were 50,665 tcs.,
against 60,892 tcs. on the 15th of
the general purpose of deepening the bay and harbor of June, 1880; the stocks at
Chicago on the same dates were
Mobile.
48,500 tcs. and 139,000 tcs. respectively; and at Liver¬
The intimation which the Court has in this case made pool, as last reported, there were 31,500
tcs., against 19,915
for. the second time, that when Congress does not regu¬ tcs. .for the
corresponding date of last year; giving an
late traffic among the States, such traffic must be free, may aggregate of 130,665 tcs. this
year, against 219,807 tcs.
become of great practical importance; for, if adhered to last year.
Here is a falling off in current supplies so
and applied without qualification to the railway system of. marked as to seem to justify higher prices, but whether so
the country, it would nullify the railroad commissions, the great an advance as is now demanded, is
certainly ques¬
anti-discrimination laws, and other efforts of the States to tionable.
It should be remembered, however, that the
govern the companies, except so far
the transportation price of one year ago, 7£ cts. per lb., was much below
were within a single State.
the average of the past ten years.
Two of the recent decisions involved laws such as sev¬
As to hams and shoulders, the stocks at Chicago, on the
eral of the States have at various times endeavored to 15th of June,' aggregated 99,600,000 lbs., against 83,800,establish—laying a tax on goods merely because pro¬ 000 lbs. on the 15th of June, 18S0 ; and at Liverpool, as
duced in other States, or upon agents and traveling sales¬ last reported, the stocks were 54,000 bx:s. and tcs.,
against
men
merely because coming from another State. Such 39,250 bxs. and tcs. one year ago.
Here seems to be no
laws have quite uniformly been pronounced void.
A good* basis for the decidedly higher prices that are de¬
State may tax any description of merchandise within her manded.
limits, or impose a license-fee upon any vocation or busi¬
Exports of “hog products” have recently been much
ness.
But such tax must be alike and impartial on prop¬ smaller than last year.
From the 16th of April to the
erly and persons from all quarters. There must not be a 25th of June the exports of pork from the principal At¬
discrimination against those coming'from other States, on lantic ports of the United States were 11,128,200 lbs., and
that ground.
For example, a law of Virginia required for the corresponding period in 1880 they were 16,230,800
that any person who should sell or take orders for any lbs., a decrease of 5,102,600 lbs. or about 30 per cent.
manufactured articles or machines to be supplied from The exports of lard in the same period this year were 74,other States, should pay a license-fee as a condition of 341,000 lbs. and for the
corresponding period last year
doing business. It did not impose the same fee on a per¬ 169,129,300 lbs., a falling off of 94,788,300 lbs. or about




ocean

-

The exports of bacon and cutmeats in the
same
period were 53,723,300 lbs., against 87,952,100
lbs. in the corresponding period of last year.
In all, there
is a reduction of exports, in a little more than two months?
of 134,119,700 lbs. or about 49 percent.
How much of
this reduction in our exports is due to higher prices, and
how much to the official and other attacks upon the quality
of American pork and bacon, cannot now be conjectured.
Probably bothdhfluences have been felt, especially on the
Continent. There the price is an important factor in
diminishing or increasing the sale of even a staple article
of food, and there the attacks upon the quality of Ameri¬
can packing have been more persistent and vehement.
The exports of the season, down to the 16th of April,
showed an increase of 61,278,800 lbs. over the previous
^6 per

OVERLAND FROM SEPTEMBER

X TO JULY 1.

cent.

season

to that

1879-80.

Sept. 1 shipped—

Since

From St. Louis
Over Illinois Central

Over Cairo & Vincennes
Over the Mississippi River,

above St. Louis

388,275
38,4.01
116,479
139,363

460,38*

24,418

39,871
125,918
76,970
58,122
95,622

69,405

97,966
104,233

Over St. Louis <fc Southeastern

Terre Haute

Over Evansville

82,546
41,326
40,172
63,852
76,808
28,037
13,062

Indianapolis
Ohio & Mississippi Branch

Over Jeffersonville Madison &
Over

Lexington
Receipts at Cincinnati by Ohio River
Receipts at Cincinnati by Cincinnati Southern....
Over Louisville Cincinnati &

Over ether routes

Shipped to mills, not included above
Total gross

296

14,806

L,052,739 1,143,594

overland

Deduct—

Receipts overland at New York, Boston, &c
Shipments between (or South from) Western in-

463,203

497,350

11,613

4,936

1,054
2,258
47,402
1,190

8,400
3,702
51,611

terior towns

of the slaughter of swine at the West, out
and for what is termed “ summer packing,”

season,

1880-81.

date.

The progress

of

[You. XXXIIL

THE CHRONICLE.

6

Shipments inland (not otherwise deducted) from—
Galveston
New Orleans

Mobile
the first of March, and extending to the first
741
Savannah
of November, as reported by the Cincinnati Price Current,
2S
Charleston
shows a considerable falling off from last season.
980
The
North Carolina ports
0,984
7,590
10,236
Virginia ports
returns indicate that the packing for the week ended June
575,338
Total to be deducted
542,940
22, 1881, was 200,000 hogs, against 175,000 the previous
568,256
509,799
Leaving total net overland*
week, and 175,000 the corresponding week in 1880, and
This total includes shipments to Canada by rail, which since Septem¬
since March 1, 1881, 1,870,000 hogs, against 2,500,000 for
ber 1, 1880, amount to 22,341 bales.
the corresponding period in 1880, indicating a decrease
The additions for June in the foregoing make no special
this year as compared with last of 630,000 hogs.
change in the comparative net totals for the two years.
The smaller yield of lard during the regular packing
We incline to the opinion that the'two remaining month*
season, was attributed to the long and severely cold win¬ will most
likely show a little falling off from the amount

beginning

on

:

_

*

ter.

'

Swine will not fatten so as to

produce the average

for July and August, 1880, as the interior stocks, which in
yield of lard when the thermometer is much below the good part supply this movement during those months, are
freezing point. The smaller packing since the 1st of smaller now than at same date last year.
March does not seem to be fully accounted for; but taken
RECEIPTS, EXPORTS AND SPINNERS’ TAKINGS.
in connection with the vast accumulation of stocks of meats
As our weekly statements have indicated, the June port
at the West, has the appearance of a concerted effort to
receipts are considerably larger than for the same month
maintain prices by withholding supplies.
Packing is of last year/ On the first of June the excess was 800,537
always quiet during July and August; and the danger now bales; this difference has been now increased, so that on
'is, that holders may feel encouraged to maintain prices the first of July it reached 843,953 bales.
Our usual
down to the beginning of the next packing season.
This, table of receipts, exports, &c., is as follows.
in view of the facts that the swine now slaughtered are
Movem’t from
Exported since Sept. 1, 1880, to—
heavier than last year, producing more lard, that con¬
Receipts
Slocks
Sept. 1, 1880 since
Sept.
Great
Conti¬
to
July 1.
July 1,
Total.
1,1880. Britain.* Fi'ance.
sumption is everywhere restricted more or less by the 1881.
nent.
higher prices/ and that farmers on the Continent are Galveston
305,368 51,128
107,308
463,804 32,148
658,516
15,178
Ind’nola, &c
giving, more attention to the growing of swine, would Newr Orleans. 1,554,295 862,929 323,465 35 i’910 1,538,304 111,883
‘9.409
7,419
112,729
Mobile
80,536 24,774
380,875
seem to warrant the conclusion that there may be danger
5.086
Florida
20,359
8,663
197,998 37,866
269,914
505,778
858,754
to the regular trade, through these speculative complica¬ Savannah...
4,855
Br’nsw’k.&c
438,661
206,163
3,822
170,588 61,910
615,899
tions.
It is true, however, the prices are not now ex- Charleston.
49
9,630
37,470
27,840
Pt. Royal,&c
49,972
11,222
1,314
1,444
69,812
57,146
117,105
Wilmington
«c©8sively high; as compared with those of six or eight
30,322
Mor’lTdC,<fcc
2,850
9,922
9,973
325,012
years ago, but they are much above the average of more Norfolk ..v... 702,915 312,240
209,033
City P’nt, <fec
104,314
515,054 151,107
recent years; therefore the trade will not readily accept them, New York...
373,936 36,754
170,104
107,572 10,340
Boston
170,847
107,570
and by limiting purchases to absolute necessities, will Baltimore
29,468
108,267
137,735
6,498
49,037
102
65,360
8,250
65,462
73,215
Philadel., Jcc.
probably put it beyond the power of speculators to support
...

.

.

o

...

them.

Total

5,681,281 2,669,828 540,191 1,107,374 4,317,393 358,542

.

Total 1879-80 4,837,328 2,476,598 361,570
*

CONSUMPTION

COTTON

AND

OVERLAND

Great Britain

836,232 3,674,400 269,841

exports include to the Channel.

Using the facts disclosed by the foregoing statements,
we find that the portion of the crop which has reached
With a free use of the telegraph, we are able to-day to a market
through the outports and overland, and the
bring down to the first of July our cotton overland move¬ Southern consumption, since September 1, 1880 and 1879,
MOVEMENT TO JULY 1.

ment.

are as

OVERLAND

MOVEMENT

TO JULY

Compared with last year the
June shows

an

gross

movement during

44,370 bales for the same month of 1880. The net move¬
ment for the month is also in excess, being 11,167 bales,

The total net overland




follows.

.

1879-80.

Receipts at the ports to June 1
bales.
Net shipments overland during same time

5,681,281
509,799

4,837,32*

bales.
since September 1

6,191,080
195,000

5,405,584
167,000

6,386,080 '

5,572,584

Total receipts. ..
Southern consumption
e

Total to June 1

now

reaches 509,799 bales, against 568,256 bales to this date in
1880.
The details for the ten months this year and last

year are as

.

1880-81.

increase, reaching 50.449 bales, against

against 7,418 bales last year.

follows.

1, 1881.

The increase in the

bales.

568,256

quantity marketed during the first
crop months of 1880-81 is thus found to be 813,496
bales.
To determine the portion which has gone^ into the
ten

THE CHRONICLE.

2, 1881.J

July

7

becoming quite evident that consumption has overtake*
capacity of northern spindles to manufacture goods.
kave prepared the following.
There was a time in the spring after the freight blockade
Total receipts to July 1, 1831, as above
—bales. 6,386,030
when stocks in first hands were a little heavy, but it was
Stock on hand comment 3in out of year (Sept. 1, 1880)—
At Northern ports
60,100
only because interior stocks could not be replenished and
At Southern ports
77,310—137,419
kands of Northern spinners

during the

same

period,

is

we

the

At Providence,

&c., Northern interior markets

were

3,999— 141,418

..

month (July 1, 1881)—

..176,195

ports
182,347—358,542
At Providence, *fco.» Northern interior markets..
10,722—1,711,490
At Southern

Total takings by spinners
Taken

since September 1,1880

Taken by

Taken by

195,000

Increase in

94,008

takings by Northern spinners this year, .bales.

spinners had up to

shows that Northern

above

The

1,621,008
1.527,000

Northern spinners since September 1, 1880
Northern spinners same time in 1879-80

July 1st taken out of this crop 1,621,008 bales.
AMOUNT

OF

CROP

NOW

IN

SIGHT.

foregoing we have the number of bales which
have already been marketed this year and last year.
An
additional fact of interest is the total of the crop which
was in sight on July 1.
We reach that point by adding
to the above the stocks remaining at that date at the
interior towns, less stock held by them at the beginning of
the season.
In this manner we find the result for the two
In the

•

years on

July 1 to be as follows.
1880.

1881.
Total marketed, as above
Interior stocks in excess of
<2.

•

V

bales.
Sept. 1

6,386,080
60,000

5,572,584
68,000

bales

6,446,080

5,640,584

Total in sight

This indicates that the increased movement up

to this

present year is 805,496 bales. Hence, if there
be no further gain in the amount received from

date of the
were

to

plantations for the remainder of the season, the crop even
then would reach 6,563,000 bales.
WEIGHT

OF

BALES.

We continue below our statement

of the weight of bales.

be well to say again that, for comparison,' we are
compelled to retain in our table the weights for the whole
of last year, as in some instances we have found it quite
impossible to obtain returns for the same ten months of
It may

1879-80.
Year EndTen Months

Ending July 1, 1881.

ing Sept. 1,
1880.

keep buying to satisfy daily consump¬

natural consequence, an

a

this month the condition is

1.316,008

by Southern spinners

Since then the country

minimum.

unusually good trade
during late spring and early summer has been in progress,
and to-day the supply of cotton goods resting between
manufacturers and consumers is lighter than almost ever
before at this stage of the season. 'Towards the close of
As

tion.

8,683

Burnt North and South

a

merchant has had to

6,527,498
July 1, 1831
Of this supply there has been exported
to foreign ports since Sept. 1, 1880 .. 4,3 17,393
Less foreign cotton included
6,191—1,311,202
Sent to Canada direct from West
22,341
Total supply to

Stock on hand end of
At Northern ports

therefore at

comparatively quiet

on

th#

approach of “ stock-taking, ” which, as usual, causes
many buyers to hold aloof from the market.
But there
has been a large movement on account of former orders
throughout the entire month.
Manufacturers’ agents
experienced a specially brisk demand for cotton flannels,
leading makes of which are sold ahead until next October.
Values of brown, bleached and colored cottons were
steadily maintained, and standard sheetings and drills were
advanced ^c. to ^c. per yard in the early part of the month.
Printing cloths were comparatively quiet and closed a
fraction below opening quotations.

GotVn Print¬ Sheet¬ OotVn Print¬ Sheet¬ CotVn Print¬ Sheet¬
low
ing ings, low ing ings,
ing ings, low
mid¬ cloths, stand¬ mid¬ cloths, stand¬ mid¬ clotn8, stand¬
dling. 64*64 ard. dling. 64*64 ard. dling. 64*64 ard.

June.

10516
107ig
10716
10716

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

1879.

1880.

1881.

4

8

1114

4%6

4

8%
81*
8ia

H&1G

430
43@
430
430

4

4

s.

107ie
107ie
107ie
107ie
107ig
107ig

S.
4
4
4

107ig
s.

-.

107ig
107i«
10716
107,e
107ie
107ig
8.

1038
103s
103a
1038

11716
11716
8.

8ia
8ia
8ia
8ia
8ia
8ia

11»ig
H716

8.

8.

11*16

315,
31516
3151fl

8ia
8ia
8ia
8ia
8ia
8ia

4

4
4

8.

107i«
107ig
107ig
10716
107ig

8.

1130

4
4
4

8.

8.

31516
3»5le
315,*
315,6
316,6
316,6

8ia
8ia
8ia
8ia
8ia
8ia

8.

315,6
3151fi
315,6
315,e

8.

8ia
8%
8i2
8ia

ll7ie
11716
Ilia

U710
11710
11710

4%
4%
4%

8.

8.

4%
4ifi

8%
8%

127i6

4
4
4
4

8%

123,0

8%
8%
8%

12

4%

8.

121i0

8%
8%
8%
8%
8%
8%

I2li0

4%
4%

8.

1130

4
4
4
4

,

4

S.

8.

113,6
113,6

8%
8%
8%
8%

4%

8.

4

11%

127s
1211,6

9%
-8%
8%
8%
8%
8%

U7i«
H710
11%
11%

8.

8%

8.

8.

8.

11%

8.

1213,0 4%
1215,6 4%

430
430
430
4%
4%
4%

8.

U710
H710
H710

9%
9%
9%
9%
9%

4
4

4

8.

8%
8%
8%

12%
12%
S.

8.

1213,0
12ll16
12»,0
12»ie

f?10
fhe
4%

12%

430
4%
4%

8%

8.

8%
8%
8%
8%
8%
-8%

8.

8.

12%

4%
4%

1115,0

4%

8%
8%
8%
8%
8%
8%

8.

8.

8.

121,6
121,6
121,6
121x6
121,6

4%
4%
4%

8%
8%
8%
8%

12%

4%

8.

S.

123,6

4716
47ia

8%
8%

8.

8.

4%

8%

prices are—For cotton, low middling upland at New York;
cloths, manufacturers’ prices; for sheetings, agents’ prices,
subject to an average discount of 5 per cent.

The above
for printing

which

are

FINANCIAL REVIEW OF JUNE, 1881.
The month of June closes

the first

half-year of 1881,

exaggeration it may be said that the course of
in the ascendant, and the general
501-15
51002
343,597,413
673,694
Texas
of lone is yet unbroken. In the unparalleled
476-00 buoyancy
481-36
748,175,441
Louisiana
1,554,295
success
of
the Government loans ; in the floods of money
509-89
508-00
380,875
Alabama
193,484,500
477-00
48000
883,968
424,304,640
Georgia*
pouring into financial enterprises ; in the high prices for
466-00
471-03
313,615,217
665,871
South Carolina...
468-00
473-28
everything sold at the Stock Exchanges ; in the large vol¬
431,606,749
911,948
Virginia
471-00
469-68
147.427
ume of mercantile business at
69.243,513
North Carolina...
healthy prices, the first six
49000
500 00
581,001,000
1,168,002
Tennessee,
months of 1881 has been unmatched by any correspond¬
431*55
486-69
Total
3,103,058,473
6,386,080
ing half year in the history of the country.
Including Florida.
To show the general statistical situation, as compared
It will be noticed that the movement up to July 1 with former
years, we bring forward the following table,
shows a decrease in the average weight as compared with which is
published every month in this Financial Review^
June 1, the average on Juno 1 having been 486-80 lbs. hut which is so
heavily buried in the mass of tables before
per bale, against 486-69 lbs. per bale on July 1.
and after it, that its real worth and comprehensiveness, in
T1IE COTTON- GOODS TRADE IN JUNE.
giving “ the situation ” at a glance, is apt to be over¬
The course of the goods market this month has further looked.
The following summary shows the condition of the
confirmed our views with regard to the probable demand
and the general strength of the manufacturers’ position. It New York Clearing House banks, rate of foreign ex--

Number

Bales.

of

Weight in

Average

Pounds.

Weight.

,

~

*

.




Average
Weight.

and without

financial affairs is yet

THE CHRONICLE.

merchandise, 'on

leading securities and articles of
about the 1st of July in 1879,

CLOSING PRICES OF GOVERNMENT SECURITIES IN JUNE,

of

change, and prices

or

1380 and 1881:
1, 1879, 1880 AND 1881.

STATISTICAL SUMMARY ON OR ABOUT JULY

[Vol. xxxm.

1881.

6$

65,

6s,
5s, 44*, As,
44«, As,
5s,
con¬
Cur.,
Cur.,
1881. 1891, 1907,
1891, 1907,
1881,
June.
1898.
fin'd
Ju'e fin'd.
1898,
it 34 coup coup coup
at 3% coup coup coup. rtg
reg.
6a,

con¬

104

x

...

1034 103%
1034

1184

103%

1879.

1880.

1881.

1184

1044

1174
New York City Banks—
Loans and discounts

$

Specie

$
$

Circulation
Net deposits

$

Legal tenders
Legal reserve

$

Reserve held

:

Surplus
Money, Exchange, Silver—

$

)

86,925.9* >0

66.569.000

$

9,274,2uo)

17,483,200

10,040,600

52Ulfd.

51%d.
4.84 4 85

4 84-4 844

103
133

6s,1891,cou.(continuedat3%)

6s, currency, 1898
5s, 1881, coupon
4*28, 1891, coupon

1 014-1 013a

xl014

1244
1 034-1 03%

1224
103%
1064

l

115
117%

4s of 1907, coupon

09V1 10
xl084

xl01%

127%

118%

Jt lilroad Slocks—
New York Central A Hud. Riv.
Erie (N. Y. L. E. A W.):

146

Lake Shore & Mich. Southern.

126

Michigan Central
.
Chicago Rock Island A Pacific

101
142

46%

123 %

...

28

734
74%
1374
8330
664
544

9134
79%
77%
664

1271e
126

Chicago A Northwestern, com.
Chicago Milw. & St. Paul, com.

40

1074
924
106%
105

140 %

Illinois Central..

Delaware Lack. A Western
Central of New Jersey

1044
1034 1034

101%

584
52%

Merchandise—

lli%«
Cotton, Middl’gUplands.# lb.
11%6
42© 17
Wool, American XX
lb.
34@42
Iron, Amer. pig, No. l..$ ton. 23 00-24 00 23 00®27 00
Wheat, No. 2 red win.$ bush. 1 27%@1 28 1 174-1 19
464®504
Corn, Westernm&ed..^ bush.
5S®56%
Pork, mess
$ bbl.[l7 00© — 12 25®
.

127is

31 @42
18 50@ 19 50
1

174®l 18
40 @43 4

1025®

....

118

103

U7%

1034

LIS

the usual

rate

117'

1034

1034

118

8.

Open 104

1044 1154 1184
1044 1154 1184
Low. 1024 103
1144 1174
118
Clos. 103
1034 115

103% 1034
118
L03%
131
118
1034
1034 1034
1144 117%
1034

104

High

CLOSING PRICES OF CONSOLS AND U.S. SECURITIES AT LONDON IN

Jane.

Cons'l money.

4%.*

5* of

for

1881.

18°91.

xOOHie 100% 118%

1
2
3
4
5
6

4.9 of
1907.
121

100° 16

1003i3

100316
1003lfi
10031b

24
25
26....
7
100116
27
8.:.... lOOiirt
9
99i»if 105% 117% 120% 28
10
lOOLrt 105% 117% 120% 29
11
100316 105% 117% 120% 30
19.
g
121
13
100%6 1063s 118
14
15
16
17
18

10U%«

100%
10031B

100316
10C316

19

was

2@4 per cent, and for

prime commercial paper 3@4 per cent.
The Government operations in funding the five per cents
were eminently successful, and at the close of business
June 30, $98,000,000 of the coupon bonds had been re¬
ceived for continuance, which, together with those yet to
come in on notices already filed at Washington, would
leave only about $15,000,000 of those bonds to be paid off.
The transactions at the Stock Exchange were well dis¬
tributed throughout the list of stocks and bonds, but there
was no extraordinary speculative activity; and the volume
of sales, as shown in the table below, was considerably
under the sales for May.
There was a little halting at
times, and late in the month an inclination to take a less
favorable view of railroad stocks, owing to the unfavor¬
able reports of the Vanderbilt roads for the first half of
the year; but no great decline in stocks was made, and at
the close on June 30 the tone was rather strong than

8.

otherwise.

Foreign exchange was higher when the five per cents
were returning from Europe in large amounts, but in the
last part of the month rates were barely steady.
The total transactions at the Stock Exchange, compared
with previous months, were as follows :
Mar.

,....

Railroads, Ac.,

“

June.

May.

Apr.

$3,004,200

$1,692,000

$4,194,200

$2,392,200

2,258,500
33,762,290

20,114,320
34,237,860

3,618,500
58,436,600

3,675,900
39,971,100

539

971

756

503

10,839,765

8,186,655

12,378,730

8,632,511

Bank stocks.. .shares

NEW YORK CITY BANK MOVEMENTS IN JUNE.

The statements of the New York

banks in each week of June

Stock

ioonlfi

Loans and discounts
Specie
Circulation.'
Net deposits
Legal tenders
Legal reserve

Reserve held

Surplus

Range of call loans
Rate bf prime paper


H


11934
119%
119%
119%

1194
1194
119%

1174*1194

105 4

1001316 1054 117% 120
1204
1013i6 1054 118

*.

RANGE OF STOCKS IN MAY AND JUNE.

-May.Apr.30. Low. High. May 31. Loiv
127
1234 131
Albany A Susq’hanna
48
48
Bos. A N. Y. Air-L. pf
46

were as

City Clearing House
follows

:

June 4.

June 11.

June 18.

June 25.

t341.0D4.900 $347,494,900 $346,566,600 $345,490,700
77,091,500
70,052.100
75.611,01X1
76,902,800
19,3 5,30C
19.236.100
19,144,300
19.203.300
314,30?.
600
343.640.800
V. 339,548,609 345.643,200
18,313,300
18,092.900
10.325.300
18.474,300
$34,887,155 $-6,410,800 $86,076,000 $85,910 200
91.085.300
5*5.18).400
94,377.400
95.216.100
.

$9,490,250
2 9,3

S&l

$8,805,300
2®5
3@4

$8,U08,400
M4
8@4

$9,274,200
2^3>4
334

—June.

41
90

40

Buff. Pittsb. & West

Burl.Ced. Rap. & No.
Canada Southern
Cedar Falls A Minn
....

75 %

75 %
22

82%

7?3a

64%

79%

40

34

33

40 %

45
50

39%

39%

50

Do
2d pref
Central of N. Jersey.
Central Pacific
Ches. A Ohio
Do
1 st pref.
Do
2d prof.

974
864
264

264

43
33

434
324

Chicago A Alton.....

1344

Chic. A Rock Island..
Chic. 8t.L. A N.OiTns
Chic. St.P. Minn.AO.
Do
pref.
Cin. San. A Clev
Clev. Col. Cin. A Ind.
Clev. A Pittsb., guar.
Col. Chic. A Ind.Cent.

165“
too

1134
1264

Eric A Pittsburg
Hannibal A St. Jo
Do
pref.
Harlem
Houst. A Tex. Cent..
Illinois Central
Indiana Bl. A West
Do
do
new
Int. A Gt. Northern
Joliet A Chicago

137
76

*41L>
93

624
864

*1334
24

tS2

104

70
1363s

1064

984
334
484

364
147
147
173
95
129
140
135
146

1484
474
1084

62
87

674
10134

1354
244

142

60

77
128
111

1174
$105%
584
104
250
72

......

101%
95%
30%
45%
33%
143%
*145
- rxl73

135
130

141%
141%
44%
105%
98
29

324

7334
126%

J107%

110
85
116
250

135%

934
1464

96

96

484
92

574

17

304
614
1354

Milwaukee A North..
Mo. Kans. A Texas
Missouri Pacific
Mobile A Ohio
Morris A Essex
Nashv. Chatt. A St. L.
N. Y. Cent. A Hud. R.
New York Elevated

26
•

....

61%

1104
1024
2938
594

106%

131

“3*6*38
123

8434
145
10 74

27%
56
19

904

82%

95

91

1084
5134

116%
644

11270

53

59
54

123
85

145
103

t Prices asked.

110
39
130
95

1524
1114

x!24%
137%
142

144

85

79%
42%

139%
*150
163

129% 126%
135% 135
132% xl27%
146%

46%

140
142

*79%
43

105
62
93
138
23
70

108%
68%
10-»%

121%
107%

128% xl22%

140

30%

106%
65
94

1130

24%

72%
113%

110%

88
93

116%

92

116%

250
106

99%
145% *139
56

i*3G%
1364

136%

25
55
57 %

3G%

55%

00

6534

61%

13 1% xl26%
63
63
32
48

xl2570

17
11
6L
86

444
914
304

34%

132

51%

994

*45“

171

51%

T

Michigan Ceutral.... x!084
51%
Mil'. L. Sh. A W. pref.

162%

137%

.

574

147
150

142%

30

884

47%

32
139
150

89

34

24
15

44%

100
30
45
*31

92

264

22
144

31%

1250

274

504

29%

82
112
250

xl264

82
22

101%

102%

83%
115

494
1264

101
80
234
*554

101%

85

92

54

99%

8634

8634

673s

94 %

i*2*5% i20*

83

41%
973i

77
110

*58 4

pref

Louisville A Nashv..
Louisv. N. A. A Chic.
Manhattan
Manhattan Beach Co.
Maritta A Cin. 1st pf.Do
2d pf.

Prices bid.

1124

'5234

Long Island
Louisiana A Mo.Riv.

*

*

1364
754

pref

Lake Erie A West
Lake Shore

Do

135
147
105
90

137

1244

Keok. A Dcs Moines
Do

974
8 6 34

12534
12 l s4
137 4

Del. Lack. A West’rn. xl!84
Denver A R. Grande
1064

Dubuque A Sioux C..

80

75

Central Iowa

Do
pref.
Chic. A Northwest...
Do
pref.

43%

130 *xl26
69
68%
48 70
46%
83
80

72

.

Do
Brel’.
Chic. Burl. A Quincy.
Chic. A East. Ill
Chic. Mil. A St. Paul.

41

^

,

High. June 30.

.

Metronolitan Elev...
City Bank Statements.

As of
1907.

Exchange daring the months of May and June:

Memphis A Clia’ston.
N. Y.

il*7%

1004 s' 1054

134

106% 1184 121'
Opening
106% 117% 120% Highest
1013,6 106% 1184 121
105% 117% xl20 Lowest
9914?, 1054 1174 1194
105% 117% 119% Closing
1204
101316 1054 118
106
118
120% S’ce Jan. 1
121
JOG
118
12J
1074 120
Highest...
S.
LI 44 1154
Lowest
985 16 103

Danbury A Norwalk

State bonds
Railroad bonds

117%
117%
117%
117%
105% 117%
105% 117%

1004
1004

S.
Holi day..
121
106
118
120%
105% 118

is1n.

106
106
106
108

100316

20

106% 118% 120% 21
100% 118% 120% 22
106% 118% 120% 23

L00716

134

JUNE.

44*

5s of
1881.

June.

134
134

worked very easily, notwithstanding
The following table will show the lowest, highest anct^closefforts occasionally to bid up money, ing prices of railway and miscellaneous stocks at the New ^ork

for call loans

U.S. Governm’t bonds

*S.‘
1034

•

The money market
some little spasmodic

1034 115

1024 103

34 3>6
34® A
51 %d.
4 86-4 864

2®34
4©44

2 3>3
3®4

Call loans
Prime paper, sixty days
Bitver in London, per oz
Prime sterling bills, 60 days..
United Slates Bonds—

103
103

1184

103

285.905,100 253,575,500
65.210.100
19,666,400
19.620.000
20,371,300
) 277,770.800 226,113,600
)
46.902,600
21,715,800
)
6 5,442,700
56,528,400

)
)
)

$

117%
117%

44
22
42
106
100
24

109%
117%
30%
57%

4434

106%
105

25%
48%

16
10
80

21
15
93

87

87%
103%

98

88%

63

58 %
58%

50

49

105% 106%
31 34
3234
129% 121%
84
90%
149% xl45
110
105%

$ Ex privilege.

Il4%xl04%
6 4%
61%
.

58%
53%
114%
3934
131
95

50%

111%
38%
126

87%

151% xl464
1134 1094

July

THE CHRONICLE.

2, 1881.]

Do

pref.

N. Y. & New Engl’d.
N. Y. N. H. & Hartf’rd
N. Y. Ontario & W...
Do
pref

Norfolk & West., prf
Northern Pacific
Do

May.-

87 %

83

517e
92%

60

65%

31%

31%
70
61

*42

4212

pref.

7138

72

Ohio Central
Ohio & Mississippi...

29%

2914

43 %
106

4334
108%

Do

pref.

Ohio Soutlnrn
Panama

247%

Peo. Decat. & E’ville.
Phila. & Reading

39
53
134

62
142

138

145

Rich.cfc Al. st’k, tr. ct
Rochester & Pittsb..
Rome Wat-.& Ogdens
St. L. Alton & T. II..
Do
St.L.I. Mt.

pref

47%

Coal and Mining.
American Coal
Cameron Coal
Caribou Consol. Min..
Cent. Arizona Min..
Colorado Coal & Iron
Consolidation Coal
CumbrTd Coal & Iron
Deadwood Mining...
Excelsior Mining....
Homestake Mining ..
Little Pittsb’g Min..

77%
14334

Do

pref..

Maryland Coal.
..

Quicksilver Mining
Do
Silver Clift

70

79%

98%
86%

48
74

48

55

52%

74%

81%
115%
393rt

78%

99

60

65%
45
32

64
96
82

100%
73%

36%
33%
13038X12938

96%

52%
92%

957q

59%
94%

62

55%

46

55%

46%

60

•

137

137
87
73

88%
73

126%

126%

4534
3%
47a
65%

55%
126%
86%

55%
13778

135
83
70
125

140

25

60%

67

*7%
*434

39
10
7
1

*24

4%

7*8
35
34
38
250

17%

32 %

O

33
33

30%
*38

19%
68%
6%

5%

5%

37
250
17

18

38%

6%

22%
3%

24%

23%

4

22%
2%

203s

19%

7178

71

52%
24%

23

3

56%

109%

104%

t39

114%xlll%

36
152
52

169%

130%

135

52%

Sntro Tnuuel.

73

2

45

58%

1%

2%

t Prices asked.

*45
166
53

71

73i4

108

112%

42%

178

50%

553s

1*2

2%

134%
2%

60

1....
2....
3....
4....
5....
6....
7....
8....
9
10...
11....
12....

De¬

days.
4-84
4-84
4-84%

mand

June.

4*86
4-86

13....
14....

4-86%

4*84%

4*86%

4*85

4-87
4-87

15....
16....
17....
18....
19....
20....

4-86%

21...

4*86%

22....
23....
24....

4*84%
S.

4*85

4*84%
4-84%
4*84%

4-86%
....

..

,

4-86%

De¬

days.

mand.

4-84%
4*84%

4*86%
4*86%

4-84%
4’81%
4-84%
4-84%

4-86%
4*86%
4*86%
4-86%

June.

173
52

1%

60

De¬

days.

mand.

4-84%
4*84%
4*84%
4-84%

$1,315,777

$99,708,104 $100,356,376

382J)20

Imports—Gold
Silver
^

560.641

Total

4-84%

4-86%

s.

4-84%
4-84%
4-84%
4*84%

4-86%
4-86%
4*86%
4*86%

4-86%
4-86% Range
4-86%
High
4-86% i
Low.
4*86% j

Excess of imports over exports
Excess of exports over imports

$
517,508

4.87
4-86

;Below is given the eleventh monthly statement for the fiscal
year 1880-81 of the imports and exports of the United States.
The excess of exports of merchandise, stated in
was as

follows:

specie values,

-

Month ended May 31, 1881
Month ended May 31,1880
Eleven months ended May 31,1881
Eleven months ended
May 31, 1880
Twelve months ended May 31, 1881
Twelve months ended May 31,1880
•

-

$5,616,859
789,797

255,156,125
150,066,171
260.773,806
162,270,801

The excess of exports and of
imports of gold and silver coin
and bullion was. as follows:




.

8,279,709

Foreign— Gold

47.4*4

Silver..

811,032

7,165,547
1,404,592
5,624,713

$1,705,531

$15,887,924

$L23,580
998,657

$80,110,124
11,491,331

$1,122,237

$91,601,455
$

Total
Silver
Total

Excess of exports over imports
Excess of imports over exports
TOTAL

75,713,531

MERCHANDISE,

1881.—Exports—Domestic
Foreign

over

imports

Imports

$18,926,862
$80,253,462
12,924,642
$93,178,104

$
74.251,242

COIN AND BULLION.

$9,134,367

Excess of imports over exports

Total

1,420,325
6,108.429

$63,635,731 $834,343,499 $905,741,202
2,866,126
21,969,167
23,958,763
$60,501,857 $856,312,666 $929,699,965
57,367,490 693,347,343 755,294,761

Total

Imports
Excess of exports

$583,294

..

...

$162,965,1*23 $174,405,204

$G5,405,452 $761,896,543 $808,814,716

1,966,556
18,713,581
17,497,735
567,372,008 $779,394,278 $827,528,297
65,998,917 699,041,638 739,503,738
imports $1,373,091 $80,352,640 $88,019,659

Excess of exports over
Excess of imports over exports

The following is a statement showing, by
principal customs
districts, the values of merchandise imported into and exported
from the United States during the month of
May, 1881:
Customs Districts.

Imports.

Beaufort. S. C
Boston, &c.f Mass
Brazos, &c., Texas..;.
Brunswick, Ga
Buffalo Creek, N. Y
Champlain, N. Y
Charleston, 8. C
Corpus Christi, Texas

J

Genessee, N. Y

79,906
9,420

22,195
192,768
147,981
1,870,227

New York, N. Y

34,884,911
220,469

Niagara, N. Y
Norfolk, &c., Va

River, Miss
Pensacola, Fla
j

Portland, &c., Me
Puget Soimd, W. T
Richmond, Va
Saluria, Texas

Francisco, Cal

".

7,242

5,140

2,842,907

...

136,549
2,826
384,395

$1,697
96,177

267,060

••••■•■«

17,112

2,085
•••••••»

7,912
3,137
5,000
1,423,454
5,190

14,295

48,371
266,844

3,449,137
364,846
1,365

604,039

Willamette, Oregon

Wilmington, N. C

40,425
128,615
28,103

21,187

Vermont, Vt.-.
All other customs districts

251,233
403,265
68,907
2,090

2,408,810

Savannah, Ga

137

336,549

8,513
1,741
15,867

Diego, Cal

7,015,512
29,159,468

304

3,887

Philadelphia, Pa

San
San

56,653
5,739,364
152,614
222,217
13,301
221,606
813,152
65,323
209,237
2,098,070
37,751
1,137,713
34,505
320,639
432.224
8,706

256,895

Mobile, Alabama
New Haven, Conn
New Orleans, La

Exports.

$1,977,237

189,194
344,225

Galveston, Texas

Foreign

Exports.

100,951

326,310
241,850
49,733
28,884

T

Domestic

$1,453,991
6,663,904
271,055

Pearl

[Prepared by the Bureau of Statistics.]

$3,118,399

78 8,C 02

Oswegatcliie, N. Y
Oswego, N. Y
Passamaquoddy, Me..

MAY 31, 1881.

$1,693,072

$59,013

Minnesota. Minn

’

10,689,433

$92,368,662

Silver..

Huron, Mich
Key West, Florida....

IMPORTS AND EXPORTS FOR MAY, AND FOR
ELEVEN AND TWELVE MONTHS ENDED

$18,677,147

$92,190,802

1880.—Exports—Dom.—Gold..

—

4*85
4-84

9,904,850

1,186,053

$1,876,418 $109,612,954 $111,045,809

Baltimore, Md
25....
26....
27....
28....
29....
30....

s.

4*84%

4,595,956

$2,393,920

726,659
4,289,629
$17,422,152

109%

t Ex privilege.

60

$1,303,892
11,591,246

Foreign

BANKERS’ STERLING EXCHANGE (POSTED RATES) FOR JUNE, 1881.

June.

Foreign— Gold

569,548

47

165

$162,270,801

$1,221,925
11,183,939

1880.—Exports—Domestic

4

60

$789,797 $156,066,171

$44,950
1.397,408

3
*26

*36%

11,184,827

$808,601,435
607,440,183 646,330,634

1881 .—Exports—Dom.—Gold..
Silver,.

*1%

rr

6

64,876,680

*8

251

61

10,468,430

$763,500,354

Imports—Gold
*19%
*2%
*1%

31.

GOLD AND SILVER—COIN AND BULLION.

42%

4
3
25

J, 108,040

$65,666,477

Imports

20

25
4

.•

Excess of exports over imports
Excess of imports over exports

*3%
*4%
62%

8%
4%

ended

Ma y

$64,558,437 $753,037,924 $797,416,608

Total

‘137
83
70
136

May 31.

$8,616,859 $255,156,125 $206,773,866

Silver..

63

20%
2%

3%

7%

8

75
142

00

4%

5%

8738

4538
37a
4%

*3

Total.

x88%

60
42
3
4

43%

10

94

For the 12
mos.

$61,107,931 $838,890,514 $91 1.0*22.81 ft
55,491,072 583,734^389 644^248^952

.y.

j..

.

May.

Excess of exports over imports
Excess of imports over exports

67%

47

For the 11
ended

mos

1881.—Exports—Domestic /.. $62,193,373 $821,937,635 $892,846,064
1,914,558
16,952,879
Foreign ./....
18,176,754

1007s

53%
93%

88

v

1880.—Bxports—Domestic
Foreign

88

124%

127%

For the
month of

Total

115

89

are

[Corrected to June 24, 1881.J

Tip ports

125%

9270

245

3%

74%
45

61

•

May, 1881 and 1880. respectively,

| presented in the following tables, all in specie values:

60%

50%

110
35

1)2,368,662
74,251,242

—

imports and of domestic and foreign

13'J

95%
79%

*95

129%

/

24

Pacific Mail.

'‘Prices bid.

36%
39%

46

Standard Cons. Min’g
Stormont Mining....
Various.
Canton.
Del. & Hud. Canal...
N. Y. & Texas Land.

62
14 L
146
80
50

583,294

92,190,802
75,713,531

MERCHANDISE.

69

56

27%
27%
37%

•

..

57%

893s

65

Mining
Spring Mount’n Coal

280

$517,508

|! twelve
exports months
for the month of May, 1881, and for the eleven and
ended

116
33
280
*50

37%

85%

58

8
5
25

18%

..

.

186

43

pref

.

46
119

270
45
56 34
135
146
68

110

127%

38

3%
5%

.

88%

37%
*

The total values of

61%
44%
85%
35%
42%

46

32%

38

*2

New Central Coal.
Ontario 8ilver Min’g.
37%
Pennsylvania Coal... x210

.

CS78
47%

65

*3*2
634
8
*27%
27%

34
40
116

Month ended May 31, 1881 (excess of exports)
Month ended May 31,1880 (excess of exports)
Eleven mouths ended May 31, 1881 (excess of imports)
Eleven months ended May 31,1880 (excess of imports)
Twelve months ended May 31, 1881 (excess of imports)
Twelve months ended May 31, 1880 (excess of imports)

37%

66%

42%
62%

x

42%
89%
9S34

60
27 78
2
4
55

*24%

90
60

136%

82
49
75
110

117%

*9*2
*5

Mariposa L’d & Min.

-

87%

190
38 %
90

35%

59

46%

50%
91%
84%

185

36

118%

*4*2
54%

.

86

......

South...
64%
St. L. <fc S. Francisco.
45%
Do
pref.
68
Do
1st pref.
98 %
St. Paul & Dulutli...
Do
81%
pref.
83
St. Paul Minn. & Man
91
91
Texas & Pacific
60%
61%
Texas & St. Louis
41%
Tol. Delphos & Bur..
27
26
Union Pacific
117% 11734
United Co.’s of N J
186
Wab. St. L. & Pacific.
47%. 473s
Do
88%
pref. x88%
Telegraph.
American District... x58%
55%
American Union
tSO
81
Atlantic & Pacific....
117
47%
^Western Union
116% 114
Do
ex-certifs
80%
81*4
Express.
Adams...;
*129
130
American
78
78%
United States
61
'61 %

Wells. Fargo & Co....

88%

447a

38%

30
55 x»7
6 4%
46
68
100
38

55%

44%

270

28%

128

49

......

......

2914

High. June 30.

84%

......

38%
53*4
Pittsb.Ft.W.AC.guar. *131
ReusseTrA Saratoga.

Low.

185% *185
40
36%
70
70
65
46 %
43%
85
83%
34
37 78
47 %
4434
126
119

180

178

—June.-

High" May 31.

Lore.
47

A nr. 30.
47*4
N. Y. Lake Erie & W.
RAILROADS.

9

15,358

219,102
50,457
166,168

45,939
99,483
2,215,117
526,675
169,702
563,290
129,422
1,525.335

902
86

53,887

1,208

$55,491,072 $62,193,373 $1,914,558

THE CHRONICLE.

10

pstffwctargs ©oraraevciaX ^uglisTt Items
RATES OF EXCHANGE AT LONDON AND
AT LATEST DATES.
EXCHANGE AT LONDON-Junt

Amsterdam
Amsterdam
Antwerp

.

Time.

12 3%

Juno 18

Short.

.

@20-55
@20-70
@18-45
@23%
25-22% @25-30
25-47%@25-52%
ll-82%@U-87%

June 18 Short.
44
June 18

312-4%
121% @122%

3 mos.
Short-.
3 mos.

25-50
2065
18-40
24

**

Hamburg
Copenhagen.
...

Bt.Peters’bg.
Paris
Paris

44

44

Short.
3 mos.
44

Vienna
Madrid

44

Genoa....
Lisbon

44

:

52&i6@52%6

44

Alexandria..
New York...

Bombay.... 60 days
Calcutta.... 60 days
Hong Kong..
•

Shanghai....

•

June 18

Short.

June 18 Short.

47%@47%
47% @47%
25*72%® 25*77% June 18 3

44

Cadiz

EXCHANGE
Latest
Date.

Pate.

Time.

On-

18.

•

•

ls.7%d.
ls.7%d.
•••mm0

....

June
June
June
June
June
June

15
18
18
18

3 mos.
Short.
4mo8.

18

44

18

44

Business, however, is said to be improving ;

12-08

25-27%

certain

accumulation of wealth during the last

but the

stored up, or invested at a low rate of
freely circulated, but with what
degree of success, time alone can show, The present quotations

interest, is now being more

25*25

for money are as

117-70

25-35

97%
4-83%
Is. 7%d,
is. 7 J%gd.
3s. 8%d.

5s. id.

few years.

Money which had been

20-48

follows

:

Per cent.

2%

Bank rate

Open-market rates—

mos.

dividends in some

probable that there will be a reduction of
instances.

XXXIlt

process is a slow one, and it is evident that the country must
ON LONDON
acquire that virtue of patience which the Government say is
so very essential in the present times of active competition and
ON LONDON.
very general economy. The general public seem, however, to
be confident and wealthy enough to subscribe to and risk their
Rate.
money in speculative ventures, so that there must have been a

....

44

[VTol.

30 and GO days’
3 months’ bills

1%®178

bills

1%

The rates of interest

discount houses for

Open market rates—
Per cent.
4 months’ bank bills
2 @2%
6 months’ bank bills
2% @2*4
4 & 6 months’ trade bills. 2 *2@3

allowed by the joint-stock

deposits

Joint-stock banks
Discount houses at call
do
with 7

or

are as

follows

14 days’ notice of

:

banks and
Per cent.

1%
1%

1%

withdrawal

a statement showing the present position of the
England, the Bank rate of discount, the price of con¬
sols, the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair second
quality, and the Bankers’ Clearing House return, compared
with the three previous years.
1880.
1881.
1879.
1878.

Annexed is

I From our own

correspondent.!

London, Saturday,

June 18, 1881.

temperature has been much higher during the past
week, and a fair quantity of rain has fallen throughout the
country. During the last few days, in fact, the rainfall has
been quite copious, and as rain and a higher temperature were
much wanted, the crops are very certain to derive considerable
benefit. A fortnight ago the general prospect was by no means
promising. Even wheat, which can stand a protracted drought
The

•

Bank of

Circulation, excluding
bank post bills
Public deposits
Other deposits
Governm’t securities.
Other securities
Res’ve of notes & coin.
Coin and bullion in
both departments ..

£
£
£
20,301,160 26,349,850 28,637,960
7,711,224 8,603,142
7,876,209
26,023,293 25,303,636 28,834,574

14,907,127 15,804,318
20,737,126 18,590,972
15,971,259 17,393,639

£

27,406,290
8,133,581
21,898,742

-14,678,635 15,214,859
19,075,667 18,444,770
20,612,648 14,209,534

other crop, was commencing to look yellow and
lickly on light soils, though there was every reason to believe Proportion of assets 26,522,419 28,743,489 34,250,608 26,615,824
to liabilities
47’00
that on heavy land there would be a large yield of produce of
Bank rate
3 p. o.
2% p. c.
2% p. c.
2 p. c.
fine qualify. The fall of rain has been most opportune, and Consols
100% xd.
94%
98%
97% x d.
44s. 8d.
44s. lid.
41s. 4d.
64s. Id.
the country will soon be prepared for bright, hot July and Eng. wheat, av. price.
Clear’g-liouse return. 156,077,000 125,211,000 104.G96.000 106,134,000
August days to bring the crops to maturity. The rain has
The following are the current rates of discount at the princi•ome very late for the grass crop, which will be short; and
pal foreign centres:
Bank
Open
Bank
Open
although it may naturally be expected to improve the crops of
market,
rate.
market.
rate.
Pr. ct.
Pr. ct.
spring corn, a full average yield is not anticipated, as the
Pr. ct.
Dr: cl.
5
6
St. Petersburg...
3%
3%
Paris
plant is stunted and is already in bloom.
The “broken” Amsterdam
4
4%
Geuova
3
2%
weather of the last few days will save the farming community Brussels
Madrid,
Cadiz
&
3%
3%
5
4
Barcelona
4
4
the drawbacks of a parched soil and a scarcity of feeding stuffs, Genoa
5
4
Lisbon
&
Oporto.
4
2%
Berlin
3%
Copenhagen
2%
:3%@4
and we may yet have good crops of roots for winter consump¬ Hamburg
4
Bombay
2%
Frankfort
tion. The rain will, in fact, add very largely to the wealth of Vienna
4
3%
the country, if it is succeeded in due time by bright summer
In the gold market ther§ has been no important export
weather.
movement, bat there has been an import of about £200,000
In the money market, the more prominent feature is that from colonial sources, the whole of which has been sent into the
there is a tendency towards increased ease, though it is. not Bank of England. Silver and dollars are decidedly weaker,
considered likely that any distinct change will be made. The*
owing to a decline in the Indian exchanges The following
Bank of England rate of discount is likely to remain at 2/£ per
prices of bullion are from Messrs. Pixley & Abell’s circular :
gold.
s. d.
s. d•
cent; but at the same time it would occasion no surprise if a
Bar
reduction to 2 per cent were effected. The open market rate
gold, fine
.'
c..per oz. standard. 77 9 @ ,
Bar gold, containing 20 dwts. silver, per oz. standard. 77 10%®
of discount for three months’ bank bills is V/s per cent, with Spanish doubloons
peroz. 74 0 ® 74 6
per oz. 73 9 @
Occasional transactions at 1% per cent; and the Bank of England South American doubloons
United States gold coin..
per oz., none here
@ ......
has been recently accumulating a rather considerable quantity German gold coin
peroz
@
silver.
'
d.
d.
•f bullion. Our imports of gold have of late been upon a fair
per oz. standard, nearest. 51
Bar silver, tine
@
■cale, and, in the absence of an export demand of any import¬ Bar silver,contain’g 5 grs.gold
per oz. standard. 51% @
peroz. 55
Cake silver
@
ance, the supply held by the Bank of England has been inMexican dollars
....
per oz., last prioe. 50% @
per oz
@
creas ed.
The supply of mercantile paper in the discount market Chilian dollars.
Quicksilver, £6 5s. Od.
Discount, 3 per cent.
if still small, and consequently comparatively little money is
Among the numerous companies introduced to public notice
wanted for commercial purposes. Public companies and loans
continue to be freely introduced to public notice; but these during the current week are the following:
A loan of £556,000 in 5 per cent mortgage bonds of £100
fail to exercise any important influence over the money market.
each of the Quebec Central Railway Company, the price of
Stock Exchange speculation—at all events for the rise—has
received a decided check, not only in this country, but abroad, issue being £92 10s. for £100 bond. The interest is payable by
which maybe regarded as due to the fact that prices were high, the Government of the Province of Quebec, and the money »
and that the banks have thought it prudent to restrict their is to be secured by a first mortgage on the entire line from
advances to the Stock Exchange except upon unexceptionable Sherbrooke to South Quebec (139 miles).
The Alabama New Orleans & Texas and Pacific Junctions
securities. The prices of most classes of bonds have declined
considerably during the last fortnight, and the extent of the Railways Company (limited) invite applications to an issue of
outstanding account for the rise has been very materially dimin¬ 150,000 shares, of £10 each, at par, of which, it
ished in sonsequence. The near approach of the close of the is said, 100,000 shares have already been subscribed. The
half-year, when the banks and railway companies will be object of the company is to connect by the shortest route the
announcing their dividends, which will indicate whether they Atlantic cities of the United States, not only with New Orleans
have been prosperous or not, is a time for reflection, more on the Gulf of ^Mexico, but also the trans-Mississippi system of
especially as the railway companies have been unable to recover railroads which form the Southern Pacific Railway route.
It is understood that the negotiations for a new commercial
the losses they sustained from the bad weather and snowstorms
in the early part, of the year. Some of them have shown much treaty with France are about to be suspended, as a want ot
better weekly balance sheets; but there is still a consider¬ unanimity exists between the commissioners of the two com¬
able loss of traffic on the half-year’s working, and it seems panies.
better than any

*

...

...

..

.

,




..

THE CHRONICLE.

Sj 1681.]

Jttly

Secretary of the Grand Trunk Railway Company states
that the new issue of stock has been fully subscribed, and that
The

closed.
There seem to be

the lists

11
1880-81,

From—

British India.... 3,710,908
Australia
2,801,027 )
Other countries..
80,668 j

are

1879-80.
Cwt.

1878-79.

1,659,721

598,755

1,311,436

1,119,552

Cwt.

Cwt.

1877-78.
Cwt.

.

3,051,824
912,220

hopes of the channel tunnel becoming
Total
40,792,587
43,712,100
35,262,519
42,652,515
an accomplished fact.
The distance between Shakespeare’s
FLOUR.
Cliff and Cape Griz-Nez is about twenty miles, and Sir Edwarc.
1880-81.
1879-80.
1878-79.
1877-78.
From—
Cwt.
Cwt.
Cwt.
Cwt.
Watkin, at a meeting of the Southeastern Railway Company,
855,371
Germany
728,317
696,874 1
1,207,680
said the work could be accomplished in about five years, even Franco
222,706
264,111
201,085
827,533
United States....
5,330.138
3,919.682
2,557,143
with the imperfect appliances employed in the tentative work. Brit. N. America 6,654,617
325,984
264,218
202,158
256,788
Other countries.. 1,761,633
It seems that in the work accomplished on each side a thick bee
1,277,720
1,601,784
1,855,436
of clay, impervious to water, has been found, and there is
Total
9,798,690
7,823,127
6.684,609
6,704,780
reason to believe that this formation extends throughout the
The following is an estimate, compiled from official sources
proposed line. If this be the case, the only difficulty in the of the value of our importations of cereal produce into the
United Kingdom during the first nine months cf the season,
way is the ventilation of a tunnel twenty miles long; but this
viz., from September to May, inclusive:
some

•

*

•an no

doubt be

overcome.

2.5376—The

18S0-1.

1879-80.

Wheat...;;... £21,524,933

Less favorable accounts from the United States

1878-9.

£25,624,972
5,230,290
3,633,356
642,356
831,104

1877-8.

£17,375,461
3,531,785
2,696,794
445,552
414,343
6,618,822

£25,845,003

regarding the Barley
3,980,883
4,792,878
Oats
2,485,061
3,157,019
not exercised much influence upon the Peas
700,725
562,148
country, the reason being that Europe, Beans
735,311
972,599
Indian
corn..
7,626,857
6,521,798
ihould the weather continue propitious, will harvest larger
8,151,031
Flour
6,577,829
5.299,700
7,868,246
6,126,601
crops than for years past, and, as far as the Continent is con¬
Total.... £44.922,016
£49,062,705
£36.382,457
£49.60?. 274
The falling off in the value of our importations is therefor®
cerned, will be comparatively independent of America. France,
it is said, will grow sufficient for her own wants, while the about £4,000,000.
erops in Eastern Europe, and especially in Russia, will yielc
Enslisli \J!Ktrket Reports—Per Cable.
full average results. There has not been much change in the
The daily closing quotations for securities, &c., at London,
value of wheat during the week, farmers and merchants holding and for breadstuffs and provisions at Liverpool, are reported
out for former prices, owing to the limited quantity of home¬ by cable as follows for the week ending July 1:
grown produce offering. The probability is that, unless the
London.
Sat.
Mon.
Tues.
Wed.
Thurs.
Fri.
weather should become unfavorable, it will ultimately be founc.
5 1*16
Silver, per oz
d. 51*4
5138
51516
51*8
515*6
to be difficult to maintain even the very moderate quotations Consols for money
1003lfl IOO&10 1001 iifi 10013*6 101316 1015*8

growing

crops have
wheat trade in this

now

Consols for account
100i>ie
Fr’cli rentes (in Paris) fr. 86*10
U. S. 5s of 1881
1053*
U. 8. 4*ss of 1891
11734
U. S. 4s of 1907
119*^

current.

During the week ended June 11, the sales of home-grown
principal markets of England and Wales

wheat in the 150

Erie,

amounted to 21,831 quarters, against 28,458 quarters last year
and 44,546 quarters in 1879 ; and it is estimated that in the
whole kingdom they were 87,330 quarters, against 114,000

wheat

placed

upon

the United States is also

:
1879-80.

1878-9.

the

1877-8.

83,399,401

82,225,980

1,202,181

1,517,909

1,476,174

79,728,960

75,257,828

81,881,492

80,749,806

(qr.)
43s. Id.
Visible supply of wheat
in the U. 8.... bush. 16,200,000

46s. 8d.

40a. 6d.

51s. Id.

19,600,000

13,930,328

6,254,490

Result
XT*era
av
ge

nrina

nf Pnnliiih

season

seasons:

*

n,DAT)nw

IMPORTS.

1880-81.
cwt.45,037,213

_

Wheat

Barley

9,800,300
7,689,668

Oats
'*

Beas...;
Beans
Indian
Flour

1,898,114

com

1879-80.
46,829.368
11,592,758

11,189,025
1,693,529

1,951,365

2.208,364

27,367,561
10,376,945

22,483,157
8,167,641

1878-79.

1877-78.

37,685,035

45,560,552

9,071,183
8,947,510
1,333,759
1,284,209
26,706,519

7,065,106

11,301,846
9,441,160
1,409,061
2.562,430
27,355,313
6,952,228

105*2
117*2

10o*2
1173*

119*2
4678

120
47

144

143

142*2

6738
30*8
150*2
Mon.

67*8
30*4
150

s.

d.

8.

3

12

3

12
9
9

9 8
9 5
9.11
9 6
2*2 5 2*2
0
73 0
0
43 0
0
90 0
0
55 0
53 0
0
8
5
6
6

9
9
5
73
43
90
55
53

-

♦

150

Tues.

d.

-

Wed.

d.
3
8
5

8.
d.
12 3
9 8
9 5
9 11
11
9
6
6
2*2 5 2*2
73 0
0
43 0
0
0
90 0
56 0
6
0
51 0

106

118
120

120*2
47%
144*2

67
-

i057a
118

667a

47%
143%
6678

303*
150*2

150%

30%

Thurs.

Fri.

d.
s.
12 3
9 8
9 5
9 11
9 6
5 2*2
73 0
43 0
90 0
53 0
50 0

8.
d.
12 3
9 7
9 4
9 10
9 6
5 2*«
73 0
43 0
90 0
56 0
50 0

following-named national

James Sweet National Bank of Nebraska City, Nebraska.

t200,000; paid-in capital, $100,000. Charles Clement, PresL

ent; Waldo P. Clement, Cashier.
2,538—The First National Bank of Sallua, Kansas. Authorized capital,
$50,000; paid-in capital, $50,000. W. L. Hardison, President;
M. D. Teague, Cashier.
Imports and Exports for the Week.—The imports of last

The

following return shows the extent of the imports and
•xports of cereal produce into, and the exports from, the United
Kingdom during the first forty-two weeks of the season, com¬
pared with the corresponding period in the three previous

105*2
117*2
1193*
47*2

Authorized capital, $50,000; paid-in capital, $50,000. James
Sweet, President; Henry N. Snewell, Cashier.
Clement National Bank of Rutlaud, Vt. Authorized capital,

price or juigiisn

wheat for

ft

10011*6 100l3lfi 1013i6 I0ie*6
85*95 v 86*02*2 36*45

85*82

National Banks Organized.—The
banks were organized this week:

,,

76,460,009

Sat.

l007io

85*80

(gummevctal autlipHscenattccrxts ffieurs.

Imports of wheat.cwt.45,037,213 46,829,368 37,685,032 45,560,552
Imports Of flour
10,376,945
8,117,641
7,065,169
6,952,228
Bales of liome-grown
produce
25,437,000 21,463,000 38,649,200 29,713,200
Total
80,851,158
Deduct
exports
of
wheat and flour.*.... 1,122,198

i.50

Flour (ex. State.. 100 lb. 12
9
Wheat, No. 1, wh.
“
9
Spring, No. 2...
“
9
Winter, West.,n.
“
Cal. white
9
“
5
Corn, mix.,W.new
“
Pork, West. mess..# bbl. 72
Bacon, long clear, cwt.. 43
Beef, pr. mess, new,$tc. 90
Lard, prime West. $ cwt. 55
Cheese. Am. choice, new 54

given

1880-1.

67^4

Liverpool.

ritish markets since harvest. The visible supply of wheat
in
>

47*4
143

New York Central

it is estimated that the following

and flour have been

stock

Pennsylvania
Philadelphia & Reading.

quarters in 1880 and 173,200 quarters in 1879* Since harvest
the 150 principal markets have amounted to
1,467,517 quarters, against 1,228,250 quarters in 1879-80 and
2,228,760 quarters in 1878-9 ; the estimate for the whole kingdom
being 5,870,000 quarters, against 4,953,000 quarters and 8,919,000
quarters in the two previous seasons respectively. Without
reckoning the supplies of produce furnished ex-granary at the
uantities of

common

Illinois Central

the salesr in

•ommencement of the season,

.

week, compared with those of the preceding week, show
an increase in dry goods and a decrease in general merchandise.
The total imports were $7,837,194, against $7,949,127 the pre¬
ceding week and $9,307,552 two weeks previous. The exports
for the week ended June 28 amounted to $7,535,808, against
$7,709,059 last week and $8,048,581 two weeks previous. The
following are the imports at New York for the week ending
for dry goods) June 23 and for the week ending (for general
merchandise) June 24; also totals since January 1:
i

FOREIGN IMPORTS AT NEW YORK.

For Week.

1878.

1879.

1880.

1881.

EXPORTS.

Wheat.....

owt.

Barley

Oats
Beas
Beans
Indian
Flour

1,008,281

1,061,923

46,643
585,025
75,421
38,881
209,787
113,917

1,409,767

27,898
84,799

1,405,929

102,173

49,117

83,901
15,897
12,933
404,576

84,761
18,471
18,958
206,524

com

Annexed is

87,924
46,829
391,152
140,258

112,142

-

70,245

return showing the extent of the imports of
wheat and flour into the United
Kingdom during the first nine
months of the season, viz., from
September to May, inclusive,
•ompared with the corresponding period in the three previous
a

seasons:

WHEAT.
^

From—

Russia
United

1880-81.

512,916

3,957,181
28,301,628
3,006,034
2,210,861

3,097
925,527

1,332,638

States....28,174,680

France
gfnU

Turkey, <fec




Cwt.

1,189,593

Brit. N. America 2,090,176

Germany

1879-80.

Cwt.

324,017
979,978

"

6,093
860

1,925,648

1878-79.
Cwt.

7,062,860
20,659,050
1,760,126

3,337,627
9,692
201,072
156,817
356,968

1877-78
Cwt.

$720,932

$1,024,600

$1,885,363

3,256,580

4,295,394

7,332,858

$1,190,092
6,641,103

$3,977,512

$5,319,994

$9,218,221

$7,837,194

Dry Goods

$38,464,431

$42,957,690

$63,893,901

$51,891,877

Gen’l mer’dise..

104,882,669

110,584,943

191,999,679

154,958,641

Dry Goods
Gen’l mer’dise..

Total
Since Jan. 1.

Total

In

61,103
182,596
192,885
482,085

$143,347,100 $153,542,633 $255,893,580 $206,850,518

report of the dry goods trade will be foungl the imports

of dry goods for one week later.
The following is a statement

of the exports (exclusive of
specie) from the port of New York to foreign ports for ths
week ending June 28, and from January 1 to date:
EXPORTS FROM NEW YORK FOR THE WEEK.

5,985,594
22,625,490
2,813,602

5,145,110

our

1878.

1879.

1880.

1881.

186,433,539

$7,535,808
185,667,594

Total 8*o© Jan. 1 $171,397,075 ♦1R8.253.36Q 4119s; .*>97 4*40

4»193.203.40?

Forth© week...
Prev.

reported..

$7,107,529
164,289,546

$6,273,083
151,980,285

$9,163,891

THE CHRONIC I/E.

rvoL. xxxm—

-

—

and imports of specie July 1, and until the final payment has been made, the stock
of New York for the week ending June 25 and since sola to the canal company will be placed in eserpw, and some
kind of a negotiable certificate will be issued. It is understood
January 1,1881:
that arrangements will be made for the immediate distribution
EXPORTS AND IMPORTS OP SPECIE AT NEW YORK.
among the stockholders of the cash assets in the treasury of
the Panama Railroad Company, which were reserved in the 6ale.
Imports.
Exports.
Philadelphia & Reading.—The board of managers of the
Gold.
Since Jan. 1
Week.
Since Jan. 1
Week.
Philadelphia & Reading Railroad Company, at a meeting on
Thursday, agreed to accede to the proposition of the Receivers
$20,020,221
$
$4,200
•$
Great Britain
2.039,041 to issue certificates bearing 4 per cent interest, for the purpose
France
4,731.450 of extinguishing the floating debt of the company.
3,699
2,000
The form
Germany
182
360,958 of certificate will be prepared by counsel for the company.
2,000
West Indies
771
153,523
Mexico
152,976
236,926
3,401
South Carolina State Ronds.—The Stock Exchange has
8outh America
103,151
2,360
49,117
15,6*00
Ali other countries
admitted to dealings on the regular list $2,621,000 of the South
$10,473 $28,150,870 Carolina securities known as “ Brown consolidation bonds.”
$210,253
$15,000
Total 1881
1,813.128 They are issued by the State under an act approved December
28,114
2,088,887
15,413
Total 1880
070,036
,3o -4
1,920,019
Total 1879
22, i873, which was an act to provide for the settlement of the
consolidated debt of the State in accordance with the decision
Silver.
of
the Supreme Court, approved December 23, 1879, and an act
$120,719
$
$5,008,075
$136,000
Great Britain
285
26,050
France
to amend the same, approved February 19, 1880.
They are
60,389
120,009
2,852
Germany
dated January 1, 1874, payable July 1, 1S93, in sums of $1,000
48
415,903
10,204
West Indies
9,932
838,074 and #500. Interest six per cent.
Coupons, payable January
Mexico
91.803
1.312
24,337
and July, receivable for taxes due the State during the year in
South America
11,935 which
2,640
19,4S0
All other countries
they mature, except tax levied for the public schools.
$13,9821 $1,539,3 5S Payment of interest and redemption of principal secured by
$138,852 $5,209,355
Total 1831
331,615
49,754
2,780,555 tax of two mills upon the entire taxable property of the State.
2,639,081
Total 3 880
9.203.002
00,4281 4,733,287 The amount authorized is $5,862,514 ; issued thus far Nos. 1 to
80,018
Total 1879
2,278 inclusive, for $1,000 each, and Nos. 1 to 726 inclusive, each
Of the above imports for the week in 1881, $5,729 were $500.
American gold coin and $2,41)0 American silver coin. Of the
Union Pacific.—The corrected earnings of the Union Pacific
exports for the same time, $15,000 were American gold coin. *
Railway Compauy for April and since Jan. 1 are reported by
Statement of the Comptroller of the Currency on July 1, the Boston Advertiser as follows:
1881, showing the amounts of National Bank Notes and of Legal
UNION DlVfSION.
Tender Notes outstanding at the dates of the passage of the Earnings
$1,098,333 84
Acts of June 20, 1874, January 14, 1875, and May 31, 1878,
Expanses
728,989 10
369,344 74
together with. the amounts outstanding at date, and the Surplus
The following table shows the exports

at the port

d

increase

or

UNION BRANCHES.

decrease:

National Bank Notes—

$349,801,182
351,801,450

outs*anding Juno, 20, 1874
outstanding January 14. 1875
outstanding May 31,1878
Amount outstanding at date *

Amount
Amount
Amount

322,555,905

333,754,000

702,107

Increase during the last month
Increase since July 1, 1880.

10,590,003

Legal Tender Notes—
,
Amount outstanding June 20, 1874
Amount outstanding January 14, 1875.
Amount retired under act of Jan. 14, 1875, to May 31. ’78
Amount outstanding on and since May 31, 1878
Amount on deposit with the U. S. Treasurer to redeem
notes of insolvent and liquidating banks, and banks
retiring circulation under Act of June 20, 1871
Decreasciu deposit during the last month
Increase in deposit since July 1,1880
*

Circulation

of national gold banks, not

$382,000,000

382,000,000
35,318,98 4
310,081,010

33,4«0,282

1,748,377
13.703,895

included in the above,

Northern of Long Island.—The board of directors of the
Northern Railroad of Long Island have awarded the contract

building the road from Astoria to Huntington to

Lane, of New York, for $2,000,000,

J. W.

and the work is to be begun

next month.

Ohio Central—Richmond & Alleghany.—A dispatch from
Toledo, Ohio, June 26, stated that the proposed consolidation of
the Ohio Central with the Northwestern Railway of West Vir¬

ginia and the Richmond & Alleghany Railroad of Virginia was
ratified by the stockholders of the former road at a meeting
held June 25. It had already been ratified by the R, & A.
stockholders. The completion of the gap of 200* miles is to be
pushed forward.

260.082 51
3 81,584 12
79,098 39

I.....
KA NS \ S

B R A SCIIE S.

87,833 02
54,459 27
33,363 35

Earnings
Expenses
Surplus
SOUTH PARK.

Earnings
Expenses
Surplus
,

$1,087,075.

for

Earnings
Expenses
Surplus

The

91,222 51
87,279 04
3.942 87

.-

gross

earnings from Jan. 1 to June 23 were as

January
February

3881.

$1,433,020
1,393,992
2,027,269
1,490,450

1,937,*/20

$1,410,340
3,403,240
1,087,420
2,032,146
2,398,467
1,898,240

.$10,019,000

$10,835,853

1,730,509

Mareli..
April

May
June, 23 days

.5

Total

follows:

1880.

—Messrs. Winslow, Lanier & Co. have placed on the market,
for popular subscription, $2,500,000 Chicago St.
Orleans Railroad five per cent seventy year gold bonds, at 107
and interest, reserving the right to advance the price

Louis & New

notice.

This loan was authorized by

without

the stockholders of the

for the purpose of reducing the interest charges and
consolidating existing debts, without increasing the same. The
mortgage covers the franchise and entire property of the com¬
pany, present or to be acquired, and is said to protect the bond¬
holders’ rights in every particular. The earnings of the line
have ali been expended on the property for several years. The
line is of great importance to the Illinois Central, giving that
road a through connection with New Orleans,

company

Oregon Transcontinental.—The Oregon Transcontinental
Company, to which it is proposed to transfer the control of the
Northern Pacific Railroad and the Oregon Railway & Naviga¬
BANKING AND
tion companies, has been incorporated and organized already.
FINANCIAL.^^
The principal officers are Henry Villard, President; Thomas F.
MEMORANDA CONCERNING
Oakes, Vice-President; and Mr. Villard, Horace Porter, Charles
GOVERME^T BONDS.
F. Woerishoffer and Edward D. Adams of New York, William
Endicott, Jr., and Richard S. Fay of Boston, are the members in
A Valuable Hand-Book for Investors.
the East of the board of directors. The company was incorpo¬
Contains not only all the information about Government Bonds
rated under the laws of Oregon with an authorized capital of
$50,000,000. The Villard pool is to transfer to the new corpo¬ which investors or the public can desire, hut also chapters on tho Stock
ration the controlling interest in both the other companies, Exchange, with directions for buying and selling in the New York
which will be, according to the present plans of its projectors, market ali kinds of securities.
Tables giving the progress of the United States, 1830-80, in populaa permanent asset of the new company.
Mr. Villard said that
the formation of this company would relieve him of a large lation, imports and exports, agriculture, manufactures, railroads, tele¬
personal responsibility ; that it was intended to occupy the graphs, etc., etc., are added; also notes on Gold and Silver, giving—
A. The present monetary standard of the Nations of the World.
same position to the members of the pool and to the two origi¬
B. Production of Gold and Silver in the World from 1492 to date.
nal companies that he had held alone since the movement was
C. The consumption of Gold and Silver.
begun. Stockholders of these two companies who have no
D. The stock of Silver now in the World.
interest in the Villard pool will have none of the new com¬

pany’s stock. It is not therefore a consolidation of these com¬
panies, but the management of them will be wholly in the
hands of the

new

company.—W. F. Tribune.

Panama.—Private dispatches from Paris announce that the
contract for the purchase of the Panama Railroad has been

ratified by the Panama Canal Company. The details of the
agreement were published in the Chronicle a few weeks since.
The Tribune reports that every stockholder of the railroad

E. The Relative

Value of Gold to Silver.

F. Minute of the

Standard of the United States.

of Foreign Coins in United States Money.
Sent Post-paid on Application.
Investors can obtain Government Bonds at our office, in any sum,
current market rates, without any expense for commissions.
We attend to all the details of registering bonds, and will furnish,
request, the proper blank powers of attoruey for assigning
ferring bonds and collecting interest.
Q. The Value

at
at

and trans¬
Gur long experience in handling Government Bonds, and our large and
company will have the privilege of accepting the terms of the constant Scalings, enable us to offer the best and most favorable terms
agreement at any time within ninety days from July 1. Ample to our customers. Every detail of the business is systematically arranged
provision is also made for the protection of those stockholders and has our personal supervision.
FISK Sc HATCH,
who donot receive_notice of the sale in time to avail themselves
5 Nassau Street, New York,
of tES privilege. The first payment of $4,000,000 is to be made




July 2, 1281.)

THE CHRONICLE.

Exchange.—The exchange market has been only
steady, and
supply. The movement of
be largely in favor of this
country, and a renewal of gold imports is one of the early pos¬
sibilities. To-day the actual rates on 60
days’ sterling bills are
4 8332@4 84, and 4 85^2(9)4 86 for
demand, with cable transfers
4 86%@4 86/£, and
prime commercial 4 82@4 82^.
Quotations for foreign exchange are as follows, the outside
prices being the posted rates of leading bankers.

%\tz bankers' (Sasette.

commercial bills are in moderate
securities this month will probably

dividends:
The following dividends have recently been aunonucod:
Name of

Per
cent.

Company.

When

Books Closed.

Payable.

(Days inclusive.)

IiaftlroadH,
Fort Wayne & Jackson pref
Norwich «fc Worcestt r
Paterson & Hudson River
Paterson «fc Ramapo
Panama
Pitts. Ft. W. & Chic. spec, (quar.)
do
do
reg. (quar.)..
Pittslield & North Adams
Portland Saco «Jt Portsmouth
Ware River (quar.)

'July

11

July
4%' July

10
2
2

2%
5

Jjuly

4%

$24 26 Aug.
1^4
1%

” "
July
July

212

July
July
July

3

3%

Wiunisimmet

3

Worcester &. Nashua

flanks.
Chatham

—’.

...

Continental
Leather Manufacturers’

Long Island (Brooklyn)

Manufacturers’
North America

(Brooklyn)

North River

A

July

July

5 June 26 to
1 June 28 to June 30
1
1
1 June 26 to June 30
1

Julv

3i2

July

July
July

July
July

n

Lscellane>u».

Wells, Fargo ife Co
NEW

Jul v

YORK,

FRIDAY,

5

1,

1 to

1SS1-5

I\

Agency of Dun, Wiman & Co., issued
nominal increase in the failures in the United
States for the first half of this
year as compared with 1880, but
these statistics are
necessarily quite general in their character,
and are not expected to indicate the
precise condition of business.

It is also to be noticed that the whole increase was in the
first
quarter of the year, and in the second quarter, from
April
1 to
June 30, there was a decrease this
year.
The failures in the
United States for the first half of 1881 are stated at
2,862, as
compared with 2,497 in 1880 and 4,058 in 1879. The liabilities
are 40 millions, as
against 22 millions for 1S80 and 65 mil¬
lions in 1879. The
following table shows, for a series of years,
the number of failures in the first and second
quarters:

Amount of
Liabilities.

Second Quarter.

1877
1878
1879
1880.
1881.

Average

Amou?it

Liabilities.

of

Average

Liabilities.

Liabilttiss.

$23,972

$54,538,074
82,078,826

$19,010

43,112,665
12,777,074

17,031

$45,068,097
48,753,940
22,666,725

8.922
13,900

20,111,689
16,499,395

24.447.250

24,464

19.738

14,776
18,881
34,931

The Washington dispatches
to-day are interesting, and report
a net decrease of the
public debt in June of $12,323,159, making
the total decrease for the fiscal
year ending June 30, $100,573,483.
At the close of business June
30, the five per cent
coupon bonds
received at Washington and in London for continuance at
3%
per cent amounted to $98,000,000, out of $118,646,450 outstand¬

ing when the option to continue

94%

94

95

tered bonds not extended.

The amount is estimated at between

Interest June
Periods.
25.

June
27.

June
28

as

follows:

June

June

29.

30.

July
1."

M.

a

First Quarter.

91 lea

are
already feel¬
ing the effect of the July disbursements, and tlie demand for
bonds has been heavy. 'The new call of
Secretary Windom is
calculated to further stimulate the demand.
Washington dis¬
patches of to-day report of this call: ‘‘The Secretary of the
Treasury will issue a call to-day for all of tlie 5 per cent regis¬

Julr ,15

inary severity, which paralyzed business for a time on some of
the western railroads, and in the
country adjacent thereto, bat
this gave only a
temporary check, and at the end of June business
is booming with unprecedented
activity. It is true that the
circular of the Mercantile

Tears.

23% 3>5 205a

@4 86*3
»4%®4 85
4 84
34 811a
5 20 @5 lsie
4010® 40%

interest to date of presentation.”
The closing nrices at the ^New York Board have been

The Money Market and Financial Situation.—A review of
the first six months of 18S1 warrants the undoubted
conclusion
that the course of commercial and financial affairs in the United
States is yet in the crescendo. The winter was one of extraord¬

to-day, shows

5

4 86

4

“

15 Julv

JULY

4 84 'S'185 %
4 82%®! 83
4 82
®4 82%

$30,000,000 and $38,000,000.”
A further dispatch stated:
The Secretary of the
Treasury gives notice that any of the 5 per
cents called to-day will be
prepaid on presentation with accrued

dem.
On dem.

7

London.

Demand.

United States Bonds.—Government bonds

1 Juno 26 to

On

n

on

Amsterdam (guilders)
Frankfort or Bremen (reiclimarlts)

5
3
3

sterling bills

Sixty Days.

Documentary commercial
Paris (francs)

312

July
July

Prime bankers’

Prime commercial

1

5
5

tl

l

5
1
15
0

Julv

Hanover F.re

(Brooklyn).-

Aug.

io

3

6

Niagara Fire
People’s Fire

l

5

German American

Montauk Fire

July

July
July

Insurance,
Harvard.

July 1.

1%

312

13

Gs, continued at 313- J. & J. 103
103
*103
*103
*103
5s, 1881
reg. Q.-Feb. *10144 *101% *101% *101% *101%
58, 1881
coup. Q.-Feb. *103io *1031-2 103% 1031a *10358
4%s, 1891
reg. Q.-Mar. 115
*111% 114% * 115
4 bjs, 1891
coup. Q.-Mar. *114% *114% *114% *114% *115
Is, 1907
reg. Q.-Jan. *116% *110% *116% *116%
116%
18,-1907
coup. Q.-Jan. *117^4 117% *11734 '117% 118
6s, eur’ C3r, 189 5.. reg. J. & J. *130
*130
*130
*130
130 *
Gs, cur’cy, 1896..reg. J. & J. *131
*130
*131
*131
*131
6s, cur’cy, 1897..reg. J. & J. *132
*131
*132
*131% *132
Gs, cur’cy, 1898..reg. J. & J. *133
*131
*133
*132
*133
6s. cur’cy. 1899..retr. J. & J. *13 L
*132
*131
*134% 134
*
Tuis is tlie price bid at tlie morning board; no sale was made.
*

*103

-

*

*

*100%
....

*115
*115
*117
x 17 %
*130

*131
*132
*133
*134

State and Railroad Bonds.—The Tennessees and Louisiana
consols have been tlie principal bonds sold at the
Board, but
transactions have been moderate.
The new South Carolina
bonds, known as “Brown consolidation bonds,” have been placed
on the Exchange list to the amount of
$2,278,000, in bonds' of
$1,000 each, and 726 bonds of $500 each.
Railroad bonds have been very strong, on a
regular invest¬
ment demand.
We have heard of no new defaults in the
pay¬
ment of July interest.
Messrs. A. H. Muller & Co. sold the
following at auction:
shares.

ION. Y. Life Ins. & Trust Co. 430
11 Bank of Manhattan Co.... 145%
20 Richmond County Gaslight
65
Co., Staten Island
10 Guardian Fire Ins
72%
50 Hoffman Fire Ins
87%
50 Wheeler <fc Wilson Manuf.
Co., $25 per share; per

share
$45
10 Old Dominion 88. Co...... 105
Bonds.

$2,000 Lake Erie Wabash &
8t. L. RR. 7s, due 1890
(indorsed)
100
1,000 8tate of Va. 6s, dated
Aug. 4, 1853; Jan.,
1868. coupon on
51

bonds.

$10,000 Cincinnati Richmond
& Fort Wayne RR. 1st
„

mort.

7s, due 1921; in¬

terest guaranteed
110%
6,000 Jersey City 6 per cent
water

scrip bond, due
1907, reg..... 110*4 and

interest.

5,000 Scioto Valley couboI.

7s. due 1910.. 1043* and
interest.
10,000 Mutual Union Tel.*
Co. subscriptions, 20 per
cent paid
9S%
5,000 American Cable Con¬
struction Co., 40 per

cent Jpaid
41 premium.
Railroad and Miscellaneous Stocks.—At the date of oar
last report the statements of the Vanderbilt roads had
just been
issued and were therein quoted. The effect of these

reports was
Additional notices
reduce the unquestionably depressing to the market, and not only did t&e
prices of the stocks of those roads decline, but there
bearish tone developed throughout the market.; The res.go^ *The money market has been
easy as a rule, and rates on call
are about 2@4
however,
was not large; stocks were apparently supported
per cent, according to the collaterals. In excep¬
tional cases money loaned at 5
usual,
by
strong buyers, and to-dajr there is a steady tone,
aa
per cent. Prime commercial
the pros*pect of a pretty strong closing prior to the
paper is quoted at *3@4 per cent. With the immense disburse¬
July holic with
ments now coming on the
market, there is every prospect of The supply of money is enormous, ana whatever may be thoi^ar.
of the future or of the present high
extremely easy rates for call loans in the immediate future.
range of stocks compared
former periods, the fact remains that it is contrary to the \ With
The Bank of England statement on
Thursday
showed
an
increase of £200,000 in specie for the
week,
but the experience of brokers that a heavy decline takes place i psual
percentage of reserve to liabilities was 44^, against 48^ per face of a 2 per cent money market.
the
cent last week; the discount rate
An injunction has been placed on the Manhattan,
remains at 2^ per cent. The
prohiyL
Bank of France gained
the payment of dividends on the elevated railroad stocks
4,595,000 francs gold and 1,356,000 francs
silver.
July 6," when the question will come before the Court for
i
The last statement of the New York
ment.
1
City
Panama declares a dividend of $24 26 per share, payable Aug. I.
banks, issued June 25, showed an increase in theClearing-House
surplus above
We get from time to time a little more evidence in regard te j'
legal reserve of $1,265,800, the total surplus being
$9,274,200, the loss of
against $8,008,400 the previous week.
earnings on western railroads in the first quarter of
The following table shows the
this year, and the following gross earnings are obtained from the \
changes
from
the
previous week Rock Island
and a comparison
report:
with the two preceding years :
1880.
1881.
t
January-:..
-$823,278
$921,9*93
1881,
Differences
was

given.

for continuance
already received will probably
amount to be paid off to about
$15,000,000.

.

>

.

June 25.

fr’m

previous week.

1880.
June 26.

1879.
June 28.

Loar sand dis. $345,490,700
Dec.$l,075,900 $285,905,100 $253,575,500
Spei ie..
77,091,500 Inc. 1,480,500
65,210,100
19.666,400
circulation...
19,144.300 Dec.
161,000
19,620,000
20,371,300
Net deposits. 343,640,800 Dec.
666.80Q 277,770,800 226,113,600
Legal tenders.
18,092,900 Deo.

381,400

21,715,500

Reserve held.

95,184,400

Dec. $166,700
luc. 1,099,100

$69,442,700
86,925,900

Surplus

$9.274.2QO Inc .$1,265,800

$17,483,200

Legal reserve. $85,910,200




46,902,600

February.....
March....

Total gross earnings

902,416
1,244,540

713,478
1,006,814

$3,070,234

$2,642,285

The expenses and the net earnings are not reported by month*,
and hence it is impossible to show the comparative net
receipts
for that quarter in each of the two years; but for the nine months—

April 1, 1880, to Jan. 1,1881—the net receipts were reported at
$4,341,000, leaving $985,000 as the net earnings of the last
quarter, ending March 31, 1881. Thus, on $2,642,285 gross earn$10,040,609 ings the net
earnings were $985,000.
$56,528,400
60,569,000

-

STOCKS.

fi:

RAILROADS.
Albany A Susquehanna
Boston A N. Y. Air-Line pref...
Buffalo Pittsburg A Western...
Burlington Cedar Rapids & No.
Canada Southern
Cedar Falls A Minnesota

*123
67*

1st pref
2d pref

Do

69
463j
69 33

66*2

62*2

66

*81*2
64*2

84
67

43
106
64

pref.

Do

pref

Do

110*2

89*4 92%
11434 115*4

127 =8 128*2

139*2 141
53 34 54*2

145*4

*

139

*24*4

115*4 115*4

138*2 139*2
533.i 55

86*2
9134

Memphis A Charleston
Metropolitan Elevated
Michigan Central

59 7s 60 78
1267tt 128*8 127*81 28*4

59

69

pref

Evansville...
Philadelphia A Reading
Pittsburg Ft. Wayne A Cliic—

Rensselaer A Saratoga
Rich. A Allegh., stock trust Ctfs.
Rochester A Pittsburg
Rome Watertown A Ogdensb’g
St. Louis Alton A Terre Haute.
Do
pref.
St. Lends Iron Mt. A Southern.
St. Louis A San Francisco

pref.

Do
Do

51

.

50*4 513}
111*2 112*2
37
38*2

..

1st pref.

pref
St. t?>iul Minneap. A Manitoba.
Tf»PniA Pacific
Tdxas & St, Louis
?exas? Delphos A Burlington ..

ISCELLANEOCJS.
flj.can District Telegraph

Ameri*cau

& Hudson Canal
Delawa^fk * Texas Land
New Yc Railway A Nav. Co

..

ftlail

Palace Car

i&^Vnion Telegraph
ex-certificates

KreBt'®
c

vn-

EXPRESS.

j-.rtms

American
A united

States

Udells, Fargo A Co

Y
COAL. AND
-American Coal

nColorado Coal A Iron
Consolidation Coal
Homestake Mining
Little Pittsburg Mining

A

48*2

48*2

10
85
88

10
86
92*4

87

88

87*4

89*2

85*4

88
92 34

Mariposa Land A Mining...
Maryland Coal
Ontario Silver Mining
Quicksilver Mining
ref
pref
Standard Consol. Minin
Cameron Coal...
Central Arizona Mining
Cumberland Coal A Iron
Deadwood Mining
Excelsior Mining
Do

New Central Coal
Silver Cliff Minim?




are

10

10

87
88*2 90
10334 105*8
61*2 62
8634

tl0334 106*4
61*2

14634
110

47*4

46*2

88 34

88

81*4

81*4

185

36*8

37

37

62

60

45*4

44=0

85=s
85*4
4134

84 34

61*2
45*8
85*2
353a
41*4

60*2
4434
85*2
35*4

36=8

62*2
44*8
86*4

62
44 78

62*2

60

46

44

85
35*4

87

35

63
45
8738
36

84*8
343?

4234

43*8

40 7a

43

36*8

34 =8

280

280

275

463?
5834

49

48

48 34

69

58

59*4

68
42

70*4

68

42=8

43*2

72
45

63

63

95*2

95*2

51*2

50*2

51

77'*8

52
78*2

51

78*2
115*4

61

5533 x50*4
59
60^3

73
43 70

74

73

45

43*2

61
96

61
96

63

52

52*4

78*2

78*2

51*2
78*2

59 7a
73
45
42
63

40

*

115

40

99*4
6933

87
99 7s

87 34

68*4

6934

99 78

33
34
34
34 =8
1293? 129 7s 128=8 12958
56 34 57*4
6634 58*2
93*4 94*2
93
93 =8

50*2

34*4
40*2

50

48*4

114

185

88
99 78

42*2
170
173*2
52 * 63*2

170
51

42*2
170*2
53

66=8

48

49

49

46

108 78 1083b 109

178

617e
45*8
86*2
35 a4
42*2

33=4

343b

5030
60

51*2
61

73*2
45*4

74
46

50=8
61
139

72*2

74*2

45

46*4

64
64
96
96
82
82
83
83
51*2 52*2
52*4 52*2
77*2 78*4
7834 787s
115
115
*114
115

89

89
101

67=8

68*4

45*4

45*4

78
94*2

34
34
129=8 131*2
60
583* 597s
95*2
9434 95*4

46*2

46=8

93*2 33*2
12934
12938
68

109

109*4

47*2

47*2

109388110

173
170
173
170*8 171
51=8 52 78
62
52=8
51*8 5178
14338
14338
*143*2
150
143
143
1*2
lb8
1*2
1«8
1=8
134

17S

883b

*137
*135
139
*136
140
137
137
*
83*2 83*2
84*2 84*2
*83*2 84*2
*71
*71*2
72*2
72*2
72*2
*72*2 73*2
*130
140
*135
137
137
*136
139

89

89

88*4

13834 *137
83
83*2
70
72*2
136
135

91

88=e

„

138
83
70
136

•

139
82

69=4

70

*137
82

the prieee hid

50
130
14
41

64

64

62*2

633s

413s

4134

4178

42*2

*20

*278
*1
*25

*36*2
*19
67

24*2
43*4
4*2
8

•1*2

21
3

27s

3

*1*2

29*2
38
19*2
67*2

24*a]
43*4
4*2

*25

1934
66*2
22*2
42*4

23}

603s

61*2

41

41
20

2=4

I

20

234

234

1934

25
37
19

66*2
24

67=p
22*2

6834

19
69

23

23*2

29*2

42*4
*4*4
*8

•1*2

234

62

*x.... 131

7,800

26*2
*36*2

*2=4

26*2
37

*26
*36*2

1976

19*2
70*2
23
4*2

4=4

63

20*2
3

*19

64*4

-

-

*2=4

6

28
37

19*

717s
23

28
37
19*2
71
71*4
23*4 2334
41*2 42
*4

4,159

8*2
2

8

*1*2
*26

had ashed—no sale was nude at the Boeni

8

*8

2

*1*2

30

1*2
5*4

5*2

50*2

9
25

20*2
43*2

42=4
139=8

20*4
95
20

May 21

,15

93
126

34

J an.

24

174

77
30
21
30

109
57*3
50
3=4 18
2*2 12*3
29*8 43
121
83
130*8
75

5

74*4 Feb. 12
96
56

4 115*4

Jan. 15 47
3 190
Jan.

Jan.
15 120
620
62=8 Jan.
140
61* Jan.
Jan.
150 112

4,250
600
700
30

12,815
10,300
1,865
4,100
600

4*2

8*2
1*2

37*2

Jan. 13

May 26

Mar. 7
June 4
Feb. 21
Feb. 18
Jan.
3

81
50
57*2 75
53*2
•32
92*
60
30
25
147
102
27*2 62
107*2 146

*21

-

it

*8

50 7g
63*2 105
4934 91*2
99*2 127=8
22 7e

4534 Jan. 4 62*4
22,250
1,573 130*4 May 14 151
2*2 Apr. 13
1
Feb. 5
15.300
80*2 Jan. 3 137 7e June20
19.300
June20
94
50,752 77 Apr. 19

27e

27*2
*36*2
19*2

2

Jan. 27

56

Juno29
Feb. 26

30
135

3

-

96*2

61

_

89=8 Jan.

20

f
•

71=4
23*2

62=4

30*4 June

46
66

7,900

2,750
•19*2

*1

*1
25
37
19

3

62

29
37

Juuel3
Feb. 14
126*2 Jan. 20
64 78 J une 2
May 27
53
May 20 59
May 21 28*e 49*4
40,935
393a Feb. 25 54
85
Jan. 28 114*2 June 14
12,120
29*4
18*4 Feb. 26 3934 June 23 12.
12,654
123
Juno 3 100
565 118
Feb. 25 131
128
Mar. 21 47*2
63
Jan.
6 102
3,900
155^
23,880 140 * Feb. 25 155 Jan. 3 122
127*4
130*2
Feb. 15 109
6,880 103
May 4
51*8
65,964 4334 Feb. 25 62 7a Jan. 15 30
93*2
3,700 82*8 Feb. 25 95 Jan. 10 47
60
May 10 84*8 June 11
180
June 13 155
28 164*4 Mar. 25 190
32=8
28
Jan.
4 43*2 Feb. 2 20
15,885
85=8
90
Jan. 29 70
297
70 sMay 14
May 26
4,550 60 J uue 28 70
36
20
Mar. 17
38,010
3234 Jan. 13 51
53,161
64*8 Jan. 25 88*8 June 24 39=8 67*i
28*8
23*8 Jan.
5 37 78 May 21 14
16,400
44*a
21,900 36*2 Jan. 4 477s May 20 23
102
100
9734 Jan.
8 126 May 21 ,57=4
400
32*2 Juno 17 37*2 June 10
225
330 219*2 Jan.
7 280 June24 168
28*3
9,770
27*4 Jan.
4 57*4 June22 18
72 ^
9,600 50 Feb. 25 73*2 Feb. 9 13*2 129
40 127
Jau. 19 142
May 17 112
129
146
June10 111
Jan
130
June23
June28 80
68
4,400
Juno 18
26
8,820
Apr. 14 50
35
25
Apr. 1 50*2 June 3 19 7e
42
15
420 “39
Feb. 28 77*2 May 12
112
300
95*2 June28 14334 May 25 42*2
66
11
52*8 Jan. 4 86*2 June 14 34*2
3,400 39 Mar. 24 55 Juno 14 25*4 48
65
2,140 61 Jan. 4 81*4 June 3 33
100
60
Feb. 25 115*2 June 29
732
9.0
40
Feb.
9 42*2 May 4 25
20
79*4
899
70
Mar. 8 89*2 May 25 50
88
1,460 88 *2 J an. 7 106 July 1 67
47*
28,018 41*2Jau. 4 73=8 Juuel4 30
4134 May 13 47*4 May 23
1,830 23 Mar. 10 38 May 13
113=4
59,055 105*2 Feb. 25 131 *2 July 1 80
87,710 39 Feb. 25 60 June30 26*2 48
32,938 77 Feb. 25 96*4 May 16 51*4 88*

100
61

2! 57.*2 May 19

118
44

.

106

170

17034

50 34 5170
143
143*2

143*4 143*4
1 78
1=8
134
l7s
136
136
136*2 135 7s 136*2 135
91*2 92*4 188=8 917s
917e 92*4

143*2 14334

4434
85*2
35*4
41*2

88
88
100*8 100 7s
67*4 683a
67*8

92=8

170

61

45

88

33
33
12834 12938
57*8 59*2
94=8
93 78 93

109*109* 108*2 109*2 108

61*2

100

129*8
56*2 57*2

128

37*4

33
280

33
280
49
60
139

78
115*115*

99*2
68*2

99*2
65*2

3634

8534
3534
41=8 42*2
116
116

7634

114

37*2

41146*2 May 21

6534 June 2
13534 Jan. 20
63
Juno30
38
Feb. 21
48
June 23
110*2 May 18
117*2 June 11
46*2 Feb. 14
5933 May 26
24
May 2

50*2 513s
50=8 51*8
49=8 50*2
50=8
111*2 112*2
111=8 110*2 111 *2 lll78ll2
38
393&
38 78 39 =s
37*4 3734
36*2 37*4
126
126
12638 126*2
125 34 12534
86
87*2

35*2

99*4
68 34

63

J une 28

38*2 Jau.
4
Feb. 25
326
June 4
16*2 Jan. 26
42
June 22
Feb. 25
6,360 79
367
58
Jan.
7
21*4 Apr. 26
28,940
34
Jan.
12
3,785
300
9
4
Jan.
542
6
Jau.
7
41
Feb. 18
25,850
80*2 Apr. 26
27,775
121,376 103*4 Apr. 19
Mar. 22
3,600 42

49*4

37*4

115

1,050

4! 93

Feb. 261116*2 June23
Feb. 261106
Juno 18

94

May 6
92
136*2 June 20

111

146
108

80*s
81=b

66*2 114=4
99
124*8
87*8 130
104
146*2
100*2 204
22
48

Jail.
61
Jan.
5
Jau. 10
4
Jan.

WINING

I.

1

48*4

3634

50

▲tlan;

Oregon

48

16
10

Union Telegraph

Ameritic A Pacific Telegraph

Pacific

61

16
10

37*2
90

Do

tVoledc Pacific
Union >h St. Louis APacific
"Wabai; Do
pref.

27=8

44=4

37
90

St. Paul A Duluth
*

‘25*2 *26=4

2634

145

145*4 146

185

60*4

44 34 j an.

149,870

107*4 10734

'

275
54

6,520
4,365

112*510

62*8

617s

26*4

25

90

617f

"

‘

3,810 124 Jau.
5,852 48*4 May

50*4

54=4

84
86
145=8 1457s146*8
145=8 145
1073, 109*2
108*2 110*4 108=8 HO
109
109
111
109
46*8 46*2
4538 40
4434 45=8
45*4 46*2
45 7s
46-*8
87*2 88
86*2 86**
86
86*2
86*2 87°s
87 34 87 34
89

34*8

Ohio Southern
Panama
Peoria Decatur A

91*2 92*4
114*2 116=8
99
101 *8
140*4 140*2

106 34 107*2
105
10734
24
26*4

100

106*2 103*2 104*2 103* 105=8
59 34 *59*2 60*2
69
59*2 61*4

01=4

89

Ohio A Mississippi

89
91*4

90*2

145*4 146

pref

87

'

92 *2

55*

61

103 78

111*
38*2 3834
125*2 125*2

New York A New England
New York New Haven A Hart.
New York Ontario A Western ..
Do
pref.
Norfolk A Western, pref
Northern Pacific

Do

907e
94

86

50*2

w

50
40
14
25
45
63

10 106=4 129*2
9*2 25*8
15,045
20
53
24 50
Jan. .4 131
Mar. 9 68*2 110*4
75;9a0 107
12,935 82 *2 Jan. 41113 * J une 7 61*2 86*2
83
200
76*2 Apr. 8 88
Juuel4 60

tl2578 1287s 12534 127*8
60
60
60
63

106*2 106*2
100

27*2
63

50

111

pref.

Do
Ohio Central

27

*61*2

Milwaukee L. Sh. A West., pref
Milwaukee A Northerii
Missouri Kansas A Texas
Missouri Pacific
Mobile A Ohio
Morris A Essex
Nashville Chattanooga A St. L.
New York Central A Hudson ..
New York Elevated
New York Lake Erie A West..
Do

28*4
5334

106*2

106

106*2 107

106

105

12434
110*2

*199
55
r‘r*

61

58*2

63

1273a 128*2

107*«

273a
53*4

2434

61=4

127*4 Jan. 29 142
May
19=4 Jan. 4 32* May
60
May 12 77
May

215

139
25

122=8 125
110*4 110*2

114=8 11638
99*2 99=8

9934

9934

.

107

24=8

92

99 7e 99 7s
139
139=4
53*4 54*4

93

'

37

90*4
Feb. 17
97*3
June 18
26=4
19 337s May 14 15
36*4
12 48*4 Majr 14
27*4
25 36 7a May 14 17
19 156 Jan. 5 99*2 159*a
160
7 117
23 153
Jan.
183*2
261182*2 Jan. 17 113

1,400 131*8 Feb. 26 147*2 Jan. 17
3,020 129 Feb. 26 148=8 May 21
400
40
Jan.
4 88
May 23
Jan. 22
5,708 40*8 Mar. 25 51
Feb. 25 109*2 Jan. 24
4,808 91
1,400 41*2 Feb. 1 68*4 June22
81
Feb. 25 101 =4 M ay 23
9,670

142*2

t

May 23

23
Jau.
132
Apr.
Mar.
140
1,256 160 Feb.
90
May 17
Apr. 211 95
44,270 101 *2 Feb. 25 129*4 June 6
900 117
Feb. 25 140
May 26
35,245 117 Feb. 25 136 Jan. 19

142

140
142

June 20

High
120

May 16 100

69
Juiie 2y
48 7e J uue 15
90
May 26
90
Jan. 14

Feb. 26
Feb. 24

410
375
100

200

61>

7

20=4 Jan.
8234 Jan.

2,237

1263b 127=8
135*2 135*2
127
129=8

140

138

U42

Long Island

Louisiana A Missouri River—
Do
pref....
Louisville A Nashville
Louisville New Albany A Chic.
Manhattan
Manhattan Beach Co
Marietta A Cincinnati, 1 st pref.
’
Do
2d pref.

164

1257s 127=8

92*4 92=4
11434 114

92

164

135

134

1227ft 124*4 tl22*2
109=8 HO
10934

122*4 123=8
109*4 HO

12433

123
110

163

1253s 126=8

140
140
23 =4 24 78

140
24 34

“23”

25*4

24*

97*2

r

39,462
31,419
2,140

*79*2
*79*2 82
42 34 44
42=8 43
42*4 42*2
106*4 106=8 105*2 106*4
105*2 106
65
65
65 *2 60*2
64
64*
93*4 94=4
93*4 95*2
96
94

64

64
93

30
46
33

5 131

Apr.

“

105*2 106*

97 3) 98
139
139

63

| 62

Lake Erie A Western
Lake Shore

43*8

30
*44
*32

33

163

123 7b 125=8
134 *2 134*2
125*4 125 34
137*2 138
142*4 143
79*2 80

140
143
142
80
80
42*2 42 7a

106*2

106

Cincinnati Sandusky A Clev....
98*8 98*4
Cleveland Col. Ciu. A Iud
*
140
Cleveland A Pittsburg guar—
24 3i 253b
Colambus Chic. A Ind. Central.
Danbury A Norwalk
124
Delaware Lackawanna A West. 123*8
1110 34 112*2
Denver A Rio Grande
89
*87
Dubuqao A Sioux Citv...:
*88*2 89*2
Hannibal A St. Joseph
114*2 114 7s
Do
pref
99 7« 99 7b
Houston A'Texas Central
13934 140*4
Illinois Central
54*2 55
Indiana Bloom’u A West., new.
International A Gt. Northern..
Joliet A Chicago.
27*2 27*2
Keokuk A Des Moines

500

101=8 102=8
99*2 100*4

Jan.

64* June28
16
Jan. 18 40*2
31
Feb. 6 45
82*2 Jan. 4 112
80*2 Feb. 25 102 78

94,565

68*4

*50

163

163

78

*80 *2
67

45

*3134

120
45
37
69

Low.

Highest.

Lowest.

8,020
1,105

139*2 139*2

*140

162*2 164

165

42 78

43*4
106
64 34

68*4

45

44*2 44*2
44*2 45 5«
33
33*2 33*2 *32
139*2 139*2 *138*2 140

143*2 143*2

143*2 143 7e

Chicago Rock Id). A Pacific
Chicago St. L. A New Orleans..
Chicago St. Paul Minn. A Om..

80

66=4

101*4 100*2 101=8 101*2 102*4
99*2 100
98
99 34
97*2 1003}
30
30
29 34 29=4
29*4 30

140

137

pref...

.

80

99 7«

16334
Chicago Burlington A Quincy..
Chicago & Eastern Illinois
124 78 125=4 124*2 125 34 123*2 125*8
Chicago Milwaukee & St. Paul. *134
135 *2 134*2 134*2
Do
' pref.
125*8 126*8 12458 125*8
125*2 126
Chicago A Northwestern
Do

46*4

Shares.

69

68

46*4

67

65*2

130
69

*126
68

66
463)
82*2

65
46
*81

Year 1880.

the Week,

Friday,
July 1.

June 30.

Range for

Range Since Jan. 1, 1881.

Sales of

Thursday,

June 29.

150

150
165

*145
163 =4

pref

2aS:

June

10078 101* 100*2 101=$
100* 1011* 100*8 101
30*4 30*2
30 * 30=4
45*2 45*2
46
46
33 Hi
32*4 32*2
*33
140* 141*4

Chesapeake A Ohio
Chicago A Alton

81
70 *4

68*

W

68*4
463j

69

81

Central Iowa
Central of New Jersey
Central Pacific

June

Wednesday,

Tuesda;

Monda

eaturaa
June

PRICES.

AND LOWEST

HIGHEST

DAILY

Do
Do

exchange for the week, AND SINCE JAN. 1.

prices at the n. y. stock

RANGE in

i

[Vol. XXXlIl.

THE CHRONICLE.

14

f

155

100

60
35
31

5 140
6 88*
4 75
4 142

May 23
Jan.

3

Apr. 19
20* June 15
5
4
6
33* Jan. 10
6
Jan.
13
6
Jan.
53

Jan.
34 Jan.
Jan.
25

l7s

21=4 Jan.
25
Apr.
4
10
7
1
26

6

27

Jan. 20
June 1
June 8
June 8

Apr. 27
3*4 Jan. 11

f Lowest price Is ex privilege.

4*

77*2 116*

June18 106* 122*
60
May 23 54
55
June11 42
118
June18 100
55

55

June 7
Jan. 15
43
29* Jan. 4
8*4 Feb. 7
9
Apr. 22

19*

42*
39*

May 27
June 10
June 22
June80
Feb. 17
27
463.* Mav 26
Feb. 14
7
20
June 3
Jan.
3
14
Jan.
8
7
35* Feb. 9
7
Apr. 13

16
30
9
45
20

27

2
23

21*

11*

25*
26*

65
67

35
38*
20=8
7178

May 23

28
26

l7e
2*

6
20

39

30*
4*
39*
24*
78*
34

76

35

JULY 3,

THE

1881]

CHRONICLE.

Railroad Earnings.—The latest railroad earnings and the
totals from Jan. 1 to latest dates are driven below. The state¬
ment 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

New York City Banks.—The following
ing statement shows the
condition of the Associated Banks of New York
City for the
week ending at the commencement of business on June
25,
1881:

to, and including, the period mentioned in the second column:
Ala.Gt.

Southern.May

$02,307
$45,344
Atch.Top.&S.Fe.Mav
1,060,000
678,000
Bost.& N.Y.Air-L.April
22,884
23,069
June
Bur.C.Rap.&No..3ct\vk
49,244
33,334
Cairo & St. Louis.2d wk June
8,585
7,120
Central Pacific...May
2,068,000 1,778,487
Ches. &Ohlo
May
199,444
252,235
Chicago & Alton .3d wk June 163,274
157,506
Chic. Burl. &Q... April....:. 1,574,371 3,489.894
Chie. & East. Ill.. 3d wk June
36,939
25,743
Chic.&G.Trk.Wk.endJune 25
28,273
28,913
Chic. MU. & St. P.3d wk June 391,000
185,343
Ohio. & Northw..3dwk June 529,000
364,000
*0hi.St.P.Min&O.3d wk June
86,916
50,329
Ohio.&W. Mich.. 1stwkj’ne
17,869
13,81S
Oin.Ind.8t. L.&C.May
186,995
188,804
Cincinnati South.April
173,929
Cin. & Spring!. ..3d wk Juno
19,738
17,930
Olev. Col. Cin. & 1.3d wk June 101,409
84,950
Olev. Mt.V. & Del.3d wk Juno
8,236
8,406

Denver & Rio Gr 3d wk June
DesM.&Ft.Dodffe.3d wk J une
Det. Lans. <fc No ..May

Dubuque&S.City.2(l wk June

Eastern
February..
(EastTenn. V.& G.lst wk J’ne
Hint & Pere Mar. 3d wk June
Gal.Har.fe San A.Slay
Grand Trunk. Wk.end.Apr.30
Gr’t Western.Wk.end.J’ne 24
8R*n Bay A Minn.3d wk June
Hannibal&St. Jo.3d wk June

Houst.E.&W.Tex.Mav
Houst. & Texas C.3d wk Juno
Illinois Cen. (Ill.).May.......
Do
(Iowa). May
Indiana Bl. & W.. 3d wk J une
Do OhioDiv.3d wk June
"

156.842
9.333

116,005
25,983
192,165
29,554
36,135
80.032

70,335
7,297

86,205
935,055
188,079
8,707,133
1,054,988
3,041,435

88,240

677,504

■

6,588,000
8,222,956
1,494,328
410,545
879,930

93,835

96,942

10,92 L
45,903
11,708

4,075
41,784
6,633
48,305
52 4.739
140,381
29,454

1,082*5 08

1,669,675

1,407,680
2,351,561

39,286

2.317,113
581,538

670,738

558,136

544,010

18L994

1,088,649

685,102

i, 64 6

4*19,035

572.238

423,043
3,541,981
481,817
91,235
175,569
209,043
1,881.172

4,819,105
554.238
108,068
224,474
295,247

2,092,293

832,402
2,174,579
1,130,566

891*3*52
880,550
7,765,679

7*68,750
1,796.597
855,494

Balances.

“
“

“
“

July

27...
28...
29...

30...
1...

Total

$
839,543,26
1,525,929
1,266,970
1,173,427
1,630,408
1,178,113

74
27
45
61

74

7,614,393 07

$

817,263 07
1,499.520 76
1,032,604 39
712,982 96
842,420 95
1,031,521 30

$
79,328.055
79,780,776
79,929,966
80,452,420
81,174,355
81,413,560

Currency.
$
95
16

37
18
42
65

6,469,426
6,044,115
6,129,291
6,067,281
6,133,334
6,040,721

69
46
13
81
23

44

5,935,313 43

Coins.—The following are quotations in gold for various coins:
Sovereigns
$4 84 @$4 87
Silver *43 and *28.
99Si® par.
Napoleons

—

3
XX Reichmarks. 4
X Guilders
3
Snan’bDoubloons. 15
Mex. Doubloons.. 15
Fine silver bars
1
;

..

Fine gold bars....

Dimes &

dimes.

83 ® 3 86 *
73
® 4 77
94 ® 3 98
55
®15 75
50 -915 60
12
® 1 13
par ® x4 prem

99^2®

Five francs
Mexican dollars..
Do uncommerc’l.

English silver

—

92

®

—

94

—

88*5®

—

89 xa

—

87

—

89
® 4 82
® — 69
®

4 75
Prus. silv. thalers. — 68
U. S. trade dollars — 99 x4®
U. 9. silver dollars — 997s^
....

—

99^

par.

par

—Attention is called to the change in the well-known house of
Messrs. Lounsbery & Haggin, Mr. William A. Paton and Mr.

Henry J. Macdonald becoming members from July

1. These
gentlemen are well known in financial circles as active and
•ompetent business men, and the firm has done well in
adding
two inch partners to assist in its
increasing business.




16.'

Irving
Metropolitan

....

450,000
200,000
700,000
1,000,000
500,000
3,000.000

409.000

3.595.500
as4,300
6/0,100
376,100
131.000

1.001,000
993,100
3.101.700
1.033,500
3.674.900
15,045,000

281.800
715,700
2,888.000

10.433,40(

5.648.700

5.482.600

Germ’n Americ’n

750,000
300,000
100,000
200,000
200,000
500,000

Chase National..
Fifth Avenue....
German Exch.
..

Gjjrinania
Nat.

.

>tal..

14.700

2,677.90
4,283,000
1.910.700
1.269.500
1,216,100
3.237.500

021.000

Specie

Legal tenders

“

“

“

“.

May
“
“

“

Specie,

*

23....305,717,600

30....304,435,200
7. ...310,^50,000

174.000
2,700

2,449.800

460,800
35,000
,,,,

897.900

359,000
•

f

•

Loans.

1881.

S

Mar. 28.

146,114,000

Apr.

4

147,551,200

11.

146,289,900
140,129,200
146,037,100
147,667,400

18..

23

80..
June 6..
13..
20..
27..
*

s

*
-

155,800
147,20 >
102,800

1.370,700
3,339,200

419.700

are as

\j
40„,
445,

450,000
4,000

763,800

i

L. Tenders.
*

Deposits.

45,000

45,000
222.800

799,200
1,287,000
45,000
585,700
442,100
•

180,000
91,80#
ttr(|i

"

f,tMr

•

445.20#

17,873.000

1660,80#

161,000

City Clearing

320,011.700

13.345.500
18,330,700
18,383,300
18,8)2,300
18.254.500
10,181,690
15.448.500
15,466.100
15.771.100

Specie.
*

152,846,300
156,296,409

5,842,300
5.840.200
5,007,100
0,084,800
0,592,000
0,643,200
0,744,400
6,843,400
0,078,700
7,503,700
7.964.200
7,855.900

156,957,800
153,037,000

8,2«0,100
8,457,100

149,674.900
150,330,500
150,124.100

151,064,400

L. Tenders,
S

1224,943,182
955,459,473
1042,395,915
947,812,074
1105,462.825
1143,978,545

1241,050,579
1020.907,965
812,503,681
16,030.500 774,084.705
16,713,500 950,440,299

10.709,000 815,034,482
16.880.200 724,179,359
17.217,400 978.263,388
13.600.100 879,862,835
18.664.200 1144,470,789
18.596,900 1078.352.065
19.135.300 1212.647.032

Deposits.* Circulation. Agg. Clear.
t

2.793.700
2,670,000

85,408,100
85.828.900
86,959,800
as,689,300
00,124,300
91.451.900

2.488.300
2,434,400

2.709.100
3.027,700
3.117.300
3.059,100

2,9a8,200
3.294.700
3.380.100
3.328.500
3.174.500

3,012,900

95.954.900

90,911.700
98.513.900
101.651.500

106.244.700
109.751.500
114.689.700
110,102,600

29.975.500
30,135,800
30.282.700
30,404,400
30.824.500
30,022.000
30,7!(0;600
30,939,900
30.997.100
30.476.500
30.823.700
30,989,000
30,715.200
80.773.100

08,840.82#

09,000,257
70,463,701
79,105,341

77,509,2S

80,149,257
95,227,024
85,405,247
02,454.50#

90,881,371
92,862,81#
87,608.56#
83,084,808
88,471,027

Philadelphia Banks.—The totals of the Philadelphia bank!
follows:

1881.
Mar. 28..

Apr.

May

4

11..
18
25
2

if..

16
28
30..
June 6
13
20.

27

..

.

....

.

..

Loans.
$

L. Tenders.

Deposits.

70.170,266
70,260,005
71.181,796

17,530.152
17,573,378
18.065.372
18.914,606
19.284.068

01.173,413
62.450,355

72,305.791

73,485,827
74.253,494
75,100,008
74.80L575

74.542,679
75,340,4S9
70,612,564
70,471,207
77.961.080
78,186.840

19,600,525
18.906,813
19.454,146
21.210,584
23,1^4.328

23,720,055
23,250,307
21.920,180
21.981,020

63,771.480

Circulation.

10,000,706
10.105,593
10J45.128
10,134,981

67,059,350
67,301.923
10,123,556
68,375,685
10,204.800
0?,027,309 '-10,478.543

Agg. Clear.

45,289,80#
53,340,46#

48.057.s3f

70,497.530
74,588.003
74,902,0*4

10.334.185
10,219.090
10,237.440
10.243,210

74,033.519
74.501.779

10.478,009

44.097,12#
54,860,074
40.155.01#
50.075.47#
51.589.08T
56.105,828
52,214.05#
55.429.64#
62.579,08#

10.473.#74

69,077.94#

74,348.65#

10.447.15tt

59.580.97

68,009,105

*■

•••••

267,70#
223.600

Circulation. Agg. Clear

*

1

1,090,000

-1 llows:

.Dec.
Dec.

1

v
\

Including the Item “ due to other banks.”

are as

•

r

Boston Banks.—The following are the totals of the Boston
banks for a series of weeks past:

May

-

’ ^1,00#

,

28....332,025,700 79.134.800 18.0:33,800 332.182.800 19.301.200 1198.726,141
4
341.091,900 76,052,100 18.325.300 339,548,090 19.203.300 919,391,80#
11 ...347,494,900 70.902.800 13.313.300 345,643,200
19.230.100 978.180.85#
18....346.566.60#
75,011,000 18,474,306 344.307.600 19.305.300 1019,215,091
25....345.490.700 77,091,500 18,092,900 313.640.800 19.144.300 953.507,15i

25..
2..
9..

,

1,089,30#

702.900

107.100
197.500
08,400

60.484.100 10,395,000 299,931,900
06,294,100 17,287,900 303,512,390
67.603.700 15,9 J7,500 3)7,097,200
07,800,600 15,546,000 397,924, 00
65,849,600 14.887.200 397.718,100
58.0.4.200 15,048,000 290.517.300
54.894.100 13.289.200 274,442.000
55,808,000 12,400.000 271.668.800
59,552,000 12.241.200 277.931.600
57,008,900 12,934.500 275.586.500
57,011,000 12,710,500 275.495.400
00,429,000 12.472.700 282.783.500
62.819.300 13,428,600 288,821,100
00.804,200 14,418,200 292.653.000
69,289,400 15.784.700 294.536.300
73.346.500 10,024,000 305,033,900
76.887.700 17,134,100 310.818.400

14....317,730,900
21....324,192,800 80.518.500

June

234,200

1,002,000
994,100

1.070.10C
4.004,000
2.043.000
9,859,300
1.983.300
4.187,000
24,709.900
2L.939.70C

Dec. fl.075,900 | Net deposits....
Inc. 1,480.500 Circulation
Dec.
331,400 1

Loans.

,.307,839,600
.310,082,200
..316,092,900
.317,139,100
19....320.807.300
26...316.584,400
Mar. 5....298,485,400
12....290,252,900
“
19....300,177,300
20.... 300,622,000
April 2 ...300,288,100
9....305.244,400
“
16....306,383.400
“

407,700
709.800

6.002.000
2.061,000
3,713.000
3.537,900
1.755.500
2.701.200
9.404.000
2,985,700
15.877,000
2.359,800
2.433.000

The following are the totals of the New York
House Banks’ returns for a series of weeks
past:
1881.
Jan. 22..
29..
Feb. 5..
12..

«

1.55 (.900

1,0 -7,900
859.000
20.101.300
9.770.000
3 039.000
0,318.400
18.752.200
7.120.500
1.124,700
1.438.000
1.080,900
2.369.200
4 000.900
2,034.200
1,332,300

The deviations from returns of previous week

“

•

61.102,700 P45,490,7<)'i r?,091,500 18.092,900 343,640,800 19,144,30#

Loans and discounts

“

•

2,577.300

8,906,80tf

•

929,300

•

785,00#

18.004.000
14.226,000

97.100
420,500
143.000
829.400
917,000
20,000

432,200
21,200
07,000

@

1,100
•

1,089,000

108,000

9 '7.800

^

207,000

2.483.700

221,000
61.800
271.000

197.000
117.900

®

3,509.000

118,800

810,000
1,235.000
310.000
546.000
507,200
375.400
99.100
305.000

®

14.621.900
4,118,700

705,500

4.299.800
962,000

300,000

1.984.200
1.403,500

215,200
180,700
209,400
210.200
231,100
97,700
173,000
931.100
292.700
312,000
252,100

24.600
120.000

I

495,000

5.77S.40C
7,072,500
7,295,000
4,465,100
8,982.900
4.473.000
12,447.900

170,700
47,000
115,500
558.000

681,400
1,439.300

1.184,100
3.034,300
1.503,300
191.900
33.000
38.600
278.700

t

1O.180.OOC

203,500

500,000

tion.

than U. S.

*
208,000
307,300
824.500
519,000
509,200
405,800
43.000
338.000
83.000
156,000
337,700
285,800
187,500
50,800
132,000

6.300.900
481.200
2.517,000
5.767.500
■780.900
710.100
8.314.600
1.457.900
232,600
2.835.400
248.000
9.3! 5,400 1,293,800
3,041,000
538.900
13,732.000 7,599,000
2,149.500'
452,100
2,055.80C1
275,000
2.896.700
495,400
2.072,000
347,100
3.734.000
771,000
4,186.000
230.000
9.124.800 2,033.400
25.400
2.086,100
8,370.000
970,000
22,079,700 5.903.100
18.229.200 4,732,000
209.500
953,400

Citizens’
600,000
Nassau
1,000,000
Market
500,000
St. Nicholas
500,000
Shoe & Leather.
500,000
Corn Exchange.
1,000,000
Continental
1,000,000
Oriental
300,000
Marine
400,000
Importers’ & Tr.. 1,500,000
Park
2,000,000
Me£h. Bkg. Ass’n
500,000
North River
901.000
240,000
Bast River
1.069,900
250,000
Fourth National. 3,200,000 20.116.500
Central Nat
2,000,000
9,570,000
Second Nation’l.
3,117.000
800,000
Ninth National..
750,000
6.127.500
First National..
500,000 16.994.700
Third National.. 1,000,000
6,430,900
N. Y. Nat. Exch..
800,000
1.436.400
Bowery National
250,000
1,543,000
N. York County..
1,428,000
200,000

861,374

U. S. Sab-Treasury.—The following table shows the
receipts
and payments at the
Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week:
Coin.

North America..
Hanover

1,470,665

..

Payments.

Republic
Chatham......
People’s

5,836.708

Oreg’nR. Nav.Co.May
419,600
327,517 1,3951252 1,191 ‘,5*0*6
Pad.&Elizabetht.2d wk June
9,438
6,882
229,843
165,027
Pennsylvania ....May
3,856.897 3,417,916 17,746,402 16,212,595
Peoria Dec. & Ev.2d wk June ' 11,863
9,891
254,490
153,712
Philadel. & Erie..May
311,470 1,372,442 1,443,774
343,742
Phlla. & Reading. May
1,688,802 1,457,881
St.L.Alt.&T.H. ..3dwkJuno
23,703
23,075
683,764
5*92,9*36
Do
(orch8).3d wk June
11,700
10,451
354,624
298,104
St. L. Iron Mt.& S. 3d wk J une 121,400
99,188 3,224,919 2,540,192
St.L. (feSan Fran. 3d wk June
58,328
41,742 1,389,947 1,068,530
8t.P.Minn.& Man. 3d wk J une
91,011
55,300 1,824,824 1,372,159
Scioto Valley
3dwkJime
9,002
4,576
153,952
128,526
South Carolina. ..March..... 130,841
366,796
94,594
332,818
Southern Pacific. May
508,000
2,015,300
Texas & Pacific
3d wk J une
64,669
37,944 1,562,225 1,093*25*2
Tol. Delp. A Burl. 2d wk June
6,635
2,927
Union Pacific ....25 dys J’ne2,171,000 1,636,000 11,108,613
10,158,616
Vicksburg & Mer. May
J
30,663
Wab. St.L.& Pac. 3dwk June 357,761
291,297 5,927,744 6,082,677
Wisconsin Cent... May
113,352
80.328
457,962
445,905
♦Including St. Paul & Sioux City lines.
(Including Selma Rome & Dalton.

Receipts.

Pacific

764,195
707,183

957\051
52,200

976,831
924,674
7,366,426
6,425,520
1,003,522
1,724,100

Mercantile

377,659

i 19 3,257^33 f

5,000,000
5,000,000
1,000,000
1,000,000
422,700
1,500,000

1,738,100

Circula¬

other

Tenders.

14.430.800
4.309,000
4.379.700
1.672.400

600,000
300,000
800,000

Broadway

465,899
454,014

2,287,607

53

Mechanics’ & Tr.
Greenwich
Leather Man’f’rs
Seventh Ward..
State of N. York.
American Kxch..
Commerce

128,991

2,489,766

600,000
300,000
1,000,000
1,000,000
800,000
200,000
200,000

Bntchers’&Drov.

2(>0,935
971,731

853,S72
856,814

,

Pulton
Chemical
Merch’nts’ Kxch
Gallatin Nation’!

1,803.334

145,134
439,233
427,846
390,748

15,996
26,314

Tradesmen’s....

405", 626

2.386,829

3,473

City

883,461

628.194
445,707
1,872,166
191,911

*...

Net dept's

Legal

Specie.
$

Union

America
Phoenix

Loans ami
discounts

2,000,000 10.573,000 2.425.000
6.076 300 1,273,001
2,050,000
7.938.400 1.061,000
2,000,000
8.317.000 1,835.000
2,000,000
5.017.200
760,000
1,200,000
10.429.100
2,517,600
3,000,000
4,150.000
977,000
1,000,000
1,000,000 10.120.100 4.050,000
3.312.400
360,700
1,000,000

Mechanics’

1,044,782
3,264.727
6,067,022
510.854
553,015
5,15.i ,866
7,942,021
1.269,032
341,434

729,121

Capital.

New York
Manhattan Co..
Merchants

933,920
161,861
6,779,742

5,335,289

175,345
26,536
30,308
78,616
181.138

499,200
137,670
25.024
18,769
35,123

$215,145

18,910

215,296

53,763

$292,887

91,092

Ind. Dec. & 8p...May
Int. & Gt. North..3d wk June
37.376
22,691
Iowa Central,....May
74,067
63,577
K. C. Ft. 8.<fe Gulf.3 wks May
51,562
70,319
Lake Erie & West.3d wk June
29,725
20,808
Louisv. & Nashv.3d wk Juno 186,000
156,300
Memp. & Chari... 3d wk June
19,310
14,120
Memp. Pad. & No.3d wk June
3,477
3,220
Mil.L. Sli.& West.3d wk June
11,194
5,814
Minn. & St. Louis. 3d wk May
24,994
12,565
Mo. Kans. & Tex.3d wk June
Missouri Pacific .1st wk J’ne 137,486
87,924
MobUe & Ohio
May
145,416
129,249
Nashv. Ch.& St.L.May.......
164,430
158.839
N. Y. Cent. & Hud March
2,668,250 2.854,835
N.Y. L. Erie* W.April
1,709,057 1,643,151
N.Y.&N. Engl’d.May
215,271
183,701
N. Y.' N.H.&Hart. April
457,680
384,483
N. Y. Pa. & Ohio.. April
471,973 412,870
Norfolk & West.. .May
145,202
131,407
Northern Central. May
465,588
329,788
Northern Pacific .3d wk Juno
98,764
58,058
Ohio Southern.... 3d wk J une
5,974

Juno 25...

Average amount of
Banka.

—Latest earnings reported—* >—Jan. 1 to latest date.
Week or Mo.
1881.
1880.
1881.
1880.

fHE CHRONICLE

16

(Voi*. xxxra.

QUOTATIONS OF STOCKS AND BONDS.
Quotations la New York represcht the par cent value, whatever the par may be; other quotations are frequently male per share.
The following abbreviations are often used, viz • “ M.,*‘ for mortgage; “ g.,” for gold; “ g’d,” for guaranteed; “ end.,” for endorsed; u cons.’*
for consolidated; “ conv.,” for convertible; “ s. i.” for sinking fund; “ 1. g.,” for land grant.
^
Quotations in New York are to Thursday; from other cities, to late mail dates.
GENERAL

Subscribers will confer a favor
Bid.

United States Bonds.
UNITED STATES BONDS,
6s,1881,continued at 3%. reg—J&J
5s. funded, 1881
reg...Q—F
5s, funded, 1881
coup...Q—F
4%s, 1891.
.reg.. Q—M
4%e, 1H91
coup.. Q—M
4s, 1907
reg... Q—.1
4s, 1907
coup.. .Q—J
reg—J&J
6s, Currency, 1895
6s, Currency, 1896
reg
J&J
6s, Currency, 1897
reg
J&J
reg
J&J
6s, Currency, 1898
6s, Currency, 1899.
reg
J&J

Virginia—(Continued)—

103

103%
1013y 101%
103&8 103%
115
115%
115
115%
11634 117

STATE

773a
97%

100

85

& O
& O
&O
&J

8a,?76,

J&J
eon.

13

7s, 1914.. J&J
F&A

assumed, 6s,’89.A& Oi

War loan, 6s, 1883

M&S

63 %
58
103
117
104

;

120%;
115

|

64%
105

117%
104%

Maryland—6s, defense, 1883.. J&J i.04%
68, exempt, 1887
J&J 109
6s, Hospital, 1882-87
6s, 1890
6s, 1880-’90

J&J

Brooklyn, N.Y.—7s, ’81-83
7s, 1883-95
7s, Park, 1915-18
7s, Water, 1903
7s, Bridge, 1915
6s, Water, 1899-1909
6s, Park, 1900-1924
Kings Co. 7s, 1882-’89

J&J
J & J
J & J
& J
& J
& J
& J
J & J
M&N
J
J
J
J

139
140
125
128
106

103
102

do
6s, 1880-’86
M&N
Q—J
Buflalo, N. Y.—7s, 1880-65....Var.
...Q-J 103
103%j 7s, water, long
Var.t
Massachusetts—5s, 1883, gold. J&J I
M&Si
6s, Park, 1926
5s, gold, 1890
A&O 114% 115
Cambridge, Mass.—5s, 1889...A&Oi
5s, gold, 1894
Var.i 1L7% 118
68, 1894-96. water loan
J&Ji
5s, g.. sterling, 1891
J&J*
do
do
1894
M&N 1
68,1904, city bonds
J&J.
do v
do
1888...L
A&Gl
Charleston, S.C.—6s, st’k,’76-98..Q-J
7s, tire loan bonds, 1890....J & J
Michigan—6s, 1883
J & J 163
7s, non-tax bonds
.78,1890
.M&N 119
90
Minnesota—7e, RR. repudiated
Missouri—6s, 1886
J & J 111%
Finding bonds, 1894-95
J & J 120
Long bonds, ’89-90
r.J & J 115
Asylum or University, 1892. J & J J15
Hannibal & St. Jo., 1886
J & J 111%

do

1887....J & J 112
J&J LL1

do

N. Hampshire—5s, 1892
War loan, 6s, 1892-1894

J& JI 124
War loan, 6s, 1901-1905
J&J 132
War loan, 6s 1884
M&S 105
Mew Jersey—6s, 1897-1902... .J&J*

6s, exempt, 1896

J&J*

New York—6s, gold, reg., ’87.. .J&J 109
6e, gold, coup., 1887
J & J 109

6s, gold, 1883
J & J
6s, gold, 1891
J & J
6s, gold, 1892
A&O
6s, gold, 1893
A&O
N. Carolina—68, old, 1886-’98. -J&J
6s, old
A&O
6s, NC. RR., 1883-5
J&J
«s,
Gs,

do

do

coup,

off

6s,

6s,

do

1868,1898A&0
6s, new bonds, 1892-8
.J&J
do
6s,
A&O
6s, Chatham RR
A&O
6s, special tax, class 1,1898-9A&O
6a,
do
class 2
A&O
6s,
do
cla8s3
A&O
As, new, 1910
J & J
new,

small...:

Ohio—6e, 1881

:

109
121
125
76
60
105

68, short

13.

7^
6
7
89
85

g,

8

Rhode Isl’d—bs, 1893-9, coup.. J &J L15
South Carolina—6s, Act of March ?

Non-fundable, 1888.. )

11938

75%

93*
76

68, new bonds, 1892-1900 ..J&J 75%
6b, new series, 1914
J & J 75%
Past-due coupons
L12
M&SI L10
Texas—6s, 1892
130
7a, gold, 1892-1910
M&Si L25
130
7e, gold, 1904
J &Jt 125
Vermont—68,1890
J & D
Virginia—6s, old, 1886-’95....J & J 39
68, new bonds, 1886-1895...J & J 38
6s, consol., 1905
J & J 121
88
6a,
do
ex-coup., 1905...J & J *5%
6s, consol., 2d series
J & J 46

.....

6s. deferred bonds

Price nominal; no




17

late transactions.

114
115
116

120

112
111
123

127
65

76
123

Louisville, Ky —7s, longdates. Var.i
7s, short dates
Var.1
68, long
Var.i
6s, short
Var.i 103% 106%
5s

105
120
110
130
111
123
100% 101
105
100
103
102
122
120
35
35
35
45
50

L02
119
J & J 108
J & J 125
F&A I HO
J&J 122

Lowell*, Mass.—6s,’ i.890, W.‘ L.M&Ni
Lynchburg, Va.—6s
8s...

Lynn, Mass.—6s, 1887
Water loan, 6s, 1894-96
5s, 1882.

M&Ni

Macon, Ga.—7s

96%
108
114

60

61

85
100
100

90
110
110

125
113
107
102
113
53
64

130
114

Var.i
Var.i
Bedford.Mass.—6s, 1909. A&O’

7s, long
7s, water, long

New

A.&O
‘

5s, 1900, Water Loan
N. Brunswick,
6s

N. J,—7s

Newburyport, Mass.—6s, 1890.J&J
New Orleans, La.—Premium bonds
Consolidated 6e, 1892.
Var.
116%
Newport—Water bonds
N.Y.City—5s, water stock,’90.Q—Fi 108*
do
6s,
1883-90.....Q—F 104
6s, aqueduct stock, ’84-1911..Q—F 106
7s. pipes and mains, 1900..M&N 128
68, reservoir bonds, 1907-’11.Q—F 120
5s, Cent. Park bonds, 1898... Q -F 109
118
128
122
126
L07
114

•

.

m

Var.i

21

125
113
106
122

116%
109
115
120
130
122
110
119
130
123
127
108
116

LYo“
107
122
110
127

113%

105

115
130

1
Vai

110

117
110

109

104
100
115
120

J&.)

J&J

105%
118
125

J&. *
J^‘ J
&over.J4 J

Philadelphia, Pa.—5s, reg
6s, old, reg
6s, ne\V,reg.,due 1895
4s, new

Pittsburg,Pa.—4s, coup.,1913..J&J
53, reg. and coup., 1913
J&J.

I

Dallas,* Texas—3s, *i904.Y.Y.'.V.. 105

*

88

8s, special tax

130

125
108
102
116

J.&J

7s, 1905 ..i
136%
136% Orauge, N. J.—7s, long
Oswego, N. Y.—7s, 1887
121
Paterson, N. J.—7s, long
121
6s, long
114
5stJong
105
Petersburg,. Va.—6s

i
1

m

109
104
121
109

115
55
66

Norfolk,Va.—6s,reg.stk,’78-85.. J&J
Var
8s, coup., 1890-93
8s, water, 1901
M&N 127
Norwich, Ct.—5s, 1907
...A&Ot L13

Var.i

Var.».
7-30s
Long f
7s
Southern RR. 7-30s. 1902...J&Ji 136
do
7-30s,1906
i 136
do
6s, g.,1906
M&Ni 120
do
Cur. 6s, 1909....F&At 120
do
Skg. fd. 5s, 1930M&Nt 115
do
4s..l
J&Dt 105
Hamilton Co., O., 6s
t 102
do
7s, short
1
do
long 78 & 7-30s. i
Cleveland, O.—6s. long
Variousl 109
Special 7s. 1879-’89
Yearly! 105
Columbus, Ga.—78, Various
Var, 90

110
115

7s,

water,reg.&cp.,’93-’98...A&O.

78, street imp., reg,

:83-86—Var.

10s,1883-96
Dayton. O.—6s 1890
Detroit, Mich.—7s, long
7s, water, long

Var.i HO
Var.1 120

120
130

6s, railroad aid, 1907
M&S
Portsmouth, N.H.—6s, ’93, RR. J&J

District of Columbia—
Consol. 3-65s, 1924, coup
Consol. 3-65s, 1924, reg

F&A 109
109

110

I&Ji 112

113
113
119

117% 118
130
6s, gold, 1900, water loan...J & J 127
6s. 1885
M & Si 106 103
Richmond, Va.—6s
-J&J Li4% 116
8s
J & J 132 135

Funding 5s, 1899...

Browne consols

Tennessee—6g, old, 1890-98 ..J & J

••

8% Covington. Ky.—7-30s, long
7-30S, short

8
8
91

’77-’78..F&A*

5s, cur., reg., 1877-’82
F&A
5s, new, reg., 1892-1902
F&A L19
6s. 10-15, reg., 1877-’82
F&A
6s, 15-25, reg., 1882-’92.*....F&A

23,1869.

Cincinnati, O.—6s,long...

120
121
122
36

22
22
6

133

115
111
103

105
110
111
110
121% 122
100
119% 120%
HI % 114%
110
112

....J&J

Bayonne City, 7s, long

142
142
131

110

7s.M&SaudJ&D 108

do

6s.
do
1895...Q—F
124
7s, dock bonds, 1901
M&N
Chicago, Ill.—7s, water bonds, 1892 122
123
6s,
do
1905
M&N
7s, water bonds. 1895
124%
7s, market stock, 1894-97..M&N
122
78, city bonds, 1892
6s, improveni’t stock, 1889.M & N
7s, city bonds, 1895
124%
7s,
do
1890 ...M&N
4 %8, city bonds, 1900
t07%Jl03
68, gold, cons, bonds, 1901. M&N t
L13
Cook Co. 7s, 1892
122 1123
6s, street impr. stock, 1888.M & N
L25
Cook Co. 5s, 1899
L09
7s,
do
do
1882.M & N
132%
Cook Co. 4%s, 1900..L07% 103%
6s, gold, new consol., 1896
WTest Chioago 5s, 1890
L06
106% 107
7s. Westchester Co.. 1891
Lincoln Park 7s, 1895
109% 109^8
Newton—6s, 1905, water loan..J&J
West Park 7s. 1891
115
120
5s, 1905, water loan
J&J
South Park 6s, 1899
108
109

J & J
J&J 112

6*5,1886

Pennsylvania—58,

.

103

4 s. non-tax able
Chelsea. Mass.—6s, 67-,water 1.F& At

36
146
A&O 146
J & J 125
A&O 125
13

do
coup, off
6s, Funding act of 1866 1900 J&J

4e,

115

k

-

30

Manchester, N.H.—5s, 1883-’85J&J
6s, 1894
...J&Ji
Memphis, Tenu.—6s, C
..J&J
6s, A & B
.J&J
6s, gold, fund., 1900 ....
M& N
6s, end.,M. & C. RR
113 115
6s, consols
J&J
102% 102%
Milwaukee, Wis.—5s, 1891...J &DI
101 1102
Vs, 1896-1901
.....
Var.t
101% 102
7a, water, 1902
J&Jt
128 130
Mobile, Ala.—3-4-58, funded..M&N
125% 126
Montgomery, Ala.—New 3s ..J&J
117 119
5s, new
106 108
103 HO Nashville, Tenn.—6s, old
6s, new
110 130
Newark—6s, long
Var.t
140 143

Var.
Var.i

5s, gold, 1905
4s, currency, 1899

Ask.

103
110
35
35

Indianapolis, Ind.—7-30s,’93-99. J&J 110
Jersey city—6s, water, long. 1895.. 108
7s, water, 1899-1902
..J & J 113
7s, improvement, 1891-’u4—Var. 109
7s, Bergen, Ions
J & J 107
Hudson County^ 6s
A&O 101

122

,.

Boston,Mass.—68,cur,long,1905Varl
6s, currency, 1894

Hartford, Ct.—(Continued).—
Hartford Town 4%s, untax
i 106
Haverhill, Mass.—6*s,’85-89.. A&Ot 108
30
Houston, Tex.—10s

107% 108% Lawrence, Mass.—6s, 1894...A& OI
Long Island City, N.Y—Water,7s,’95
111 114

6s. B.&Piscataquis RR.,69.A&O 1
Vari
Bath, Me.—6s,railroad aid
5s, 1897, municipal
i Belfast, Me.—6s, railroad aid, 68.. i

114% 117

119
A & O 110

7a, small bonds
Maine—4s, 1888
War debts

12
12
10

Q—J

116

....

16
16

102
J & J 95
F & A 111%
117
J & J 114

Kansas—7e, long
Louisiana—New

17 %■*

104

’86

118
110

112 115
O—J
J&J
Q—J
118
Q—J
6s, Balt. & O. loan, 1890
6s, Park, 1890
Q-M
6s, bounty, 1893
M&S
6s,
do
exempt, 1893... M & 8
os, funding, 1894
M&N 117% 119
J&J 125
6s, 1900
6s, West. Md. RR., 1902
J&J 128 128
5s, consol, 1885
Q—J
6s, Valiev RR., 1886
..A & O
5s, new 1916...M&N 125 126
Bangor. Me.—6s. RR..1890-64.Var.i 113
114
6s, water, 1905..*
J&Ji 118
121
6s, E.& N.A. Railroad, 1894..J&Jf 113
114

80

J&J''

Georgia—6s, 1880-86
7e, new bonds, 1886
7e, endorsed, 1886
7e, gold bonds, 1890

112

8s

Austin, Texas—10s
Baltimore—6s, City Hall, 1884
6s, Pitts. & Con’v. RR.,1886..
6s, consol., 1890

81

6s, 10-20, 1900
J&J 105
Arkansas—6s, funded, 1899 ..J&J 30
78, L. R. & Ft. 8. issue, 1900. A & O 13%
7e, Memphis & L. R., 1899.. A & O 13

Delaware—6s.
Florida—Consol, gold 6s

J&J*

Waterworks

SECURITIES.

Connecticut—68,1883-4-5

Allegheny Co., 5s

Augusta, Me.—6s, 1887, mun..F'&Ai
Augusta, Ga—7s
Various

Alabama—Class “A,” 2 to 5,1906...
do
small
Class “B5s. 1906
Class “ C,” 2 to 4, 1906

California—6s, 1874

J&J*
J&J*

Bid.

City Securities.

6s, funded

Atlanta, Ga.—7s

loi

94

J&J

6s, 1876-60
Wharf 7s, 1880

I)o.

58%

....r

Allegheny, Pa.—4s

130
13L
132
133

93

Ask.

Variousl

Albany, N. Y.—6s, long
7s long

M&N

7e,L. R. P. B. &N. O., 1900..A
7s, Miss. O. & R. Riv., 1900.. A
78, Ark. Central RR., 1900. A
7s,.Levee of 1871,1900
J

57%

1O-40S, new
r.
Tax-receivable coupons
CITV SECURITIES.

11778 118

discovered In tbese Quotations.

Bid.

State Securities.

Ask.

FOREIGN GOV. SECUBIT’S.

Quebec—5s. 1908

by giving notice of any error

do
do
Perm.
Perm.

small

,

.•

registered.

.

.i 108

J&Ji L12

J&Jt 118

imp. 63, guar., 1891... J&Jt 125
imp. 7s, 1891
J&Jt L25
Wash.—Fund.loan(Cong.)6s,g.,’921 L20
Fund, loan (Leg.) 6s, g., 1902 Vari 120
Elizabeth, N. J.—7s, short
40
7s, funded, 1830-1005
Var 40
7s, consol., 1885-98
....A&O 40
7s, 1905
40
: Fall River, Mass.—6s, 1901...F& At 123
I
5s, 1894, gold
..
F&A i 111%
.Fitchborsr.Mass.—6s.’91,W.L..J&Ji 113
M&N 110
Fredericksburg, Va.—7s
Galveston, Tex.—10s, ’80-’95 ..Var
Galvest’n County,10s. 1901.J & J.102
Hartford, Ct.— City 6s, var. dates..«j 101
I Capitol, uitax. Os...*
i 120
t Purchaser also pays

accrued interest.

Portland, Me.—6s, Mun., 1895.Var. i L16

i

L24% 125
L15
117

7s, water. 1903
Rockland, Mo.—6s,

Var.

J & Jt
’89-99,RR..F&A

'

*99% 100

Joseph, Mo.—7s
Var. 35
95
Bridge 10s, 1891
J & J loO
St. Louis, Mo— 6s, short
Var.i
Water 6s, gold, 1890
J & Dt HI
do
do (new). 1892. A & O 113
123%
113
113*
Bridge approach, 6s
115
Renewal, gold, 6s
Var/ 112
S^wer. 6s, gold, 1891 -’93
Var 112
St. L. Co.—Park, 6s, g.,1905..A & 0 113
Currency, 7s. 1887-’83
Var. 110
303
*t. Paul, Miun.— 6s, ’88-’90... J & D ,102
103
7s, 1890
M&N 110
12}
45
45
45
45

107

106
106
122

5s

Rochester, N.Y.—6s

125

116

Poughkeepsie. N. Y.—7s, water —
Providence, R.I.—5s, g.,1900-5.J&J

it.

t In Loudon.

r

114

107

115

July 3,

CHRONICLE.

fHE

1881.J

GENERAL QUOTATIONS OF STOCKS
For

17

AND BONDS—Continued.

Explanation* See Notes at Head of First Paso of Quotations.
Bid.

City Securities.

Ask.

Bid.

Railroad Bonds.

Ask.

Bid.

Railroad Bonds.

Ask.
—

Mo.—(Continued).—
8e, 1889-96
Var.
Salem, Mass.—6s, long, W. L..A&0
J&J
58, 1904, \V. L

Cent. Pacific—(Continued).—

gt. Louis,

Cal.&Or. C.P.bonds, 6s,g.,’92 J&J
Land grant M., 6s, g., 1890. A&O
West. Pacif., 1st, 6s7g., ’99..J&J

•

125
115

1122
1113

g.,City & Co.Var.
90
Savannah funded 5s. con&ols
Somerville, Mass.—5s, 1895.. A&O 1107
....J&J f 107
6a, 1885
6*?.s,1884
A&O 1108*2

6. Francisco—78,

Springfield, Mass.—6s, 1905.. A&O

78,1903, water loau
A&O
Toledo, O.—7-30s, RR., 1900. M & N
88.
.......*........
Var.
Var.
8s, water, 1893 & ’94.
Washington, D.C.—Sec Dist. of Col.
Wilmington, N.C.—6s
8s, gold, cou. on..
Worcester, Mass.—6s, 1892...A&O
5s, 1905
A&O
4s, 1905.
A&O
Yonkers. N. Y.—Water. 1903
..........

1122
1128

2d mort., 7s,

t
1......

2d mort., 7s

Louis’a& Mo R
do

109*4

5s, 1901..
A&O
Bur. & Mo. R., I’d M., 7s,’93.A&O
do
Conv. 8s.’94 ser.J&J

123*2

104
104%
98 *4 98*2
97*2 100
115
115*2

Dor’do, lst.7s.A&0
K.C.Topeka&W., 1st M., 7s,g. J&J 1126*2 127
Pleas’t Hill &Dc Soto, 1st,7s,1907
Pueblo & Ark. V., 1st, 7s, g.,1903.

Wichita&S.W.,l8t,7s,g.,gua..l902

Atlanta & Charlotte Air L., 1st, 7s
Income, 6s
Baltimore & Ohio—6s, 1885..A&O

109

J&D ;ics
M&S ,’116
Sterling mort., 6s, g., 1902..M&S :ii9
do
6s, g., 1910. M&N ’123
ParkersburgBr., 6s, 1919...A&O 112
Balt. & Pot’o—1st, 6s, g., 1911. J&J 1114
let, tunnel, 6s, g.,g’d, 1911.A&O 1112
Belvidere Del.—1st, 6s, c.,1902. J&I) 120
2d mort., 6s, 1885
M&S 110
3d mort.. 6s, 1887
F&A
Boston & Albany—7s, 1892-5.F&A f127*2
6s, 1895
J&J 1117*2
Bost,Clint.& F
1st M..,6s, ’84, J&J 102
1st M., 7s, 1889-90
J&J 1109
N. Bedford RR., 7s, 1894....J&J 1112
Equipment, 6s, 1885
F&A 102
Fram ghara& Lowell—1st, 5s, ’91 t93
Notes, 8s, 1883
Bost. Cono.& Mon.—S.F., 6s,’89. J&J 108
Consol, mort., 7s, 1893
A&O 1119*2
Best. Hart.A E.—Let, 7s, 1900. J&J
80%,
1st mort., 7s, guar
J&J
Boston & Lowell— 7s, ’92...,. .A&O 11.24
6s, 1896
..J&J 1114
New 5s, 1899
J&J 106*2
Boston & Maine—7s, 1893-94. J&J 1127*2
Bost. & Providence—7s, 1893.J&J 1126
Bost.& Revere B’h—1st,6s,’97.J&J 116%
75
Brooklyn Elevated—Bonds
Buff. Brad.& P,—Gen.M.7s,’96. J&J 100
—

Buff.N. Y.&Erie—1st. 7s. 1916. J&D
Buff*. N.Y.&Phil.—1st, 6s,g.,’96. J&J

2d mortgage, 7s, g
Bur. C. R.&N.—l8t.5s.new,’06. J&D

Bur.&Southw.—1st M., 8s,’95.M&N
Cairo & St.L.—1st M., 7s, 1901. A&o
Cairo & Vincennes, 1909...
Oallfor. Pac.—1st M.,7s, g.,’89. J&J
2d M.. 6s, g.,end C. Pac., ’89.J&J
3d M. (guar. C. P.), 6s, 1905.J&J
do
do
3s, 1905. J&J
Camden & Atl.—1st, 7s, g.,’93..J&J
Cam.&Bur. Co.—lstM.,6s,’97.F&A
Canada So.—1st M.,guar.,1908,J&J
Carolina Cent.—1st, 6s,g.,1923. J&J

Catawissa-lst M.,7s, 1882..F&A
New mort., 7s, 1900
F&A
Cedar F. & Min.—1st, 7s, 1907. J&J
Cedar R. & Mo.-lst, 7s, ’91.. .F&A
1st mort., 7s, 1916
M&N
Cent. br. U. Pac., lets, 6s, ’95.M&N
Fund, coupon 7s, 1895
MAN
Atch’n Col.

&

P. lsts, 6s, 1905 Q

Atch.Jew’lCo.& W.lsts,6s,1905Q
Cent, of Ga.—1st. cons., 7s,’93.J&J
Macon & Aug., 2d,end.,7s,’79. J&J
Cent, Iowa—New 1st., 7s ’99. J&J
Lie. bonds,“ debt certs.”, 7s, A&O
Central of N. J.—1st M.,7s,’90.F&A
7s, conv, 1902, assented
M&N
Consol. M.,7s,1899, assented.Q—J
Adjustment bonds, 1903
Income bonds, 1908
M&N
,

.

Am. jji>ck & Imp. Co., 7s,’86
do
assented..

J&J

Leh.& Wilkesb.Coal.inc.,’88.M&N

Consol., 7s,gold, 1900,ass’d.Q-M

Cent. Ohio—1st M., 6s, 1890..M&S
Cent. Pacific—1st, 6s, g.,’95-93.J&J
State Aid, 7s, g., 1884
J&J
S. Joaquin, 1st M.,6s, g. 1900. A&O
Cal. & Oregon, 1st, 6s, g.,’88. J&J

122
115
98

118
121
125

j

7

124

118
119
103
61
36

★

t95

V

116
114

i

130

9;
128
118
104

......

127
130

130

1903!J&J

i
1

81

do

do

128

Clev.&M. Val.—1st, 7s. g.,’93.F&A
8. F. 2d mort., 7s, 1876
M&S
Clov. & Pitts.—4th M., 6s, 1892.J&J
!
Consol. S. F., 7s, 1900
M&N
1 C.C. & I.C.—1st cous. ,7s, 1908. A &O
2d mort.. 7s, 1909
F&A

115

J118
J113

120
115

100

1121%

Eastern, Mass.—4*28, g.,1906.M&S

i.22*

Sterling debs., 6s, g., 1906..M&S
W’mspt—1st, 6s,1910.J&J
5s, perpetual
A&O

130
L14

Erie & Pittsb.—1st M., 7s,
Cons, mort,, 7s, 1898

’82. J&J

Equipment. 7s, 1890

......

J&J
A&O

110*4

Evansv. & Crawf.—1st, 7s, ’87UI&J

113
102

Evausv.T.H.&Chi.—1st, 7s, g.M&N t
Fitchburg—5s, 1899
r 106
6s, 1898
A&O 118
7s. 1894
A&O 129
Flint & P.Marq.—1st m.,l.g.8sM&N

103
L02

105% 108

,

107
119

129*4

Mortg. 6s, 1920
A&O 113*2
107
Flint & Holly, 1st, 10s, ’88.M&N 105
Bay C.& E. Sag.—1st, 10s„S2.J&J 100
115
126*4 126%
Holly W. & M.—1st, 8s, 1901. J&J 110
125*2 126
Flushing & N. S.—1st, 7, ’89. .M&N
112
110
2d mort., 7s
M&N
110
112
Ft. Madison & N. W., 1st 7s, g.,1905 110*2%
55
65
Ft. W. Muu.& C.—1st, 7s, g.,’89. A&O
133

135

113*2 113%

••••-»

•

......

reg

Peninsula, 1st, conv., 7s,’98.M&S
Chic. & Mil., 1st M., 7s, ’98..J&J
Cbie.R.T.&.Pae.—6s, 1917,COUP-J&J
68,1917, reg
J&J

ICO

......

112

do
do
reg
Iowa Mid., 1st M., 8s, 1900. A&O
Gal. & Chic, ext., 1st, 7s,’82.F&A

L15
107

110
80

1113

E.Tenn.Va.&Ga.—1st, 7s,1900. J&J|t 117
E. Tenn. & Ga., 1st, 6s,’80-86. J&J 1101
E.Tenn.& Va.,end.,6s, 1886.M&N

i‘32

111
101

Sinking fund, 6s, ’79,1929. A&O

124*2

1 lfti«
......

Elmira&

130*4

Ohic.&N.W—Sink.f.,l8t,78,’85F&A
Interest mort., 7s, 1883
M&N
Consol, mort., 7s, 1915
Q—F
Exten. iuort., 78,1883
1?&A
Istmort., 7s, 1885
."...F&A
Consol., gold, 7s, cp., 1902..J&D

110
120

1205s

130

129

.

93*4

125
127
120*2 121

1st mort., 2d Div., 1894.. ...J&J
Dunk. A.V.& P.—lst,7s,g..l890J&D 100
East Penn.—1st M.,7s, 1888..M&S,,

137*6
132*6

1893......’.J&J

•

....

125

Dubuque&Sioux C.—1st,7s,’83. J&J

Chic. Mil. & St. Paul—
Pap, Div.. 1st.
8s. 1898 F&A
P. D., 2d M., 7 3-lOs, 1898..F&A
St. P.&Cliic., 7s, g., 1902....J&J
Mil. & St. P., 2d M., 7s, 1884 A&O
La. C.; 1st M., 7s,
I. & M., 1st M., 78,1897
I&J
I'a. & Dak., 1st M., 7s, 1899. J&J
Hast. &Dak., 1st M.,7s 1910 J&J
Chic. & Mil., 1st M., 7s,'
1st mort., consol., 7s, 1905. .J&J
1st M., I. & D. Ext., 7s, 1903J&J
1st M.,68, S’thwest Div.l909J&J
1st M., 5s. La C. & Dav.l910J&J
So. Minn. 1st 6s, 1910
J&J
Chic. & Pac. Div. 6s, 1910
do
West. Div., 5s,1921. J&J
Mineral Pt. Div., 5s, 1910
j&j

1

11 1 3a nUo

118%
107*2

60
34

Danb’y & Norwalk—17s, ’80-92.. J&J 100
Dayton & Midi.—1st M., 7s, ’81. J&J 1100
2d mort., 7s, 1887
10534 106
M&S tlOG
3d mort., 7s, 1888
118*2 L19
A&O t
165
1163
Dayt. & West.—1st M.,6s, 1905.J&J 110
1st mort., 7s, 1905
*116*4 116*2
J&J
163
165
Delaware—Mort., 6s, guar.,’95. J&J

’

Chic&8‘W..l8t.7s.ffuar ’99 M&N
Chic. St. L.&N.O.—1st oou. 1897 7s
2d mort 6s, 1907
......J&D
Ten. lien, 7s, 1897
M&N
10238 102*2
Miss. Cen.,lst M.,7s,’74-84.M&N
60
do
2d mort., 8s
54
N.O.Jack.& Gt. N.,lst.,8s.’8G. J&J
56
do
2d M.,8s,’90,ctf8.A&0
1108
do
A&O
2d mort. debt
103
Chic.St. P. Min.&Om.—Con. 6s, 1930
100
Ch.St.P.&Minn. lst,6s,1918M&N
55
Land grant, inc., 6s, 1898M&N
North Wise., 1st 6s, 1930
J& J
St. Paul&S.City, 1st 6s,1919.A&O
103*2 104
Chic. & Tomah.—Scrip, all paid
93
102
£30 paid
1.26
Cin. Ham. & Dayt.—2d, 7s, ’85 J&J
CinnHol. mort., 7s, 1905
119
A&O
do
6s, 1905
A&O
1118^2 120
Cin. H. & I., 1st M., 7s, 1903. J&J
1123
123*2
103
Cin. I. St. L. & Chic.—Con. 6s, 1920
110
Cin.& Indiana, 1st M.,7s,’92.J&D
do
2d M.. 7s,’82-87. J&J
104*2 1*0*5
101
rndianapolis C. &L., 7s of ’97.. ..
Ind’apolis& Cin., 1st, 7s,’88.A&O
116*2 113
Cin. Laf.&Ch.—1st, 7s,g.,1901.M&S
Cin. Rich. &Chic.—1st, 7s, ’95. J&J
119
Cin. Rich. & F. W.—1st, 7s, g... J&D
90
95
Cin. Sand’ky & Cl.-Os, 1900..F&A
121
120
7s, 1887 extended
M&S
Consol. mort., 7s, 1890
J&D
120
108*2 103 % Cin.&Sp —7s,C.C.C.& I., 1901.A&O
78, guar., L.S.& M.8., 1901..A&0
101*2 103
Clev. Col. C. & L—1st, 7s, ’99.M&N
132*4
Consol, mort., 7s, 1914
J&D
132% 132*2
Belief. & Ind. M.. 7s, 1899...J&J
«1

Price nominal; no late transactions.




123*2

113W114

2d 6s, 1888
M&N
Cumberl.Val.—1st M.,8s,1904. A&O
Dakota Southern—7s. gold,’94,F&A

.

127
117
81
110
130*8 131

v

*

*

109*2

Sterling, 5s, 1927
Sterling, 6s, 1895

114
104

Connecting (Phila.)—1st, 6s ..M&S
Cumberl’d& Penn—1st 6s,’91. M&S

Bur.&Mo.(Neb.),lstt6s,1918. J&J
do
8s, conv.,1883..T&J
Del.&Bound B’k—1st, 7a,1905F&A
do
Cons, 6s, non-ex.. J&J 1106*2 107
Del.Lack.& W.—Conv.7s,1892 J&D
do
Neb. RR,1st,7s, A&O 114*2 115
125
M&S
Mort. 7s. 1907
do
Om.&S.W.,l8t,8s,J&D 123
118*2 Den.& Rio G.—1st, 7s, g.,1900.M&N
Dixon Poo.&H..lst,8s,’74-89J&J 118
125
1st consol, mort., 7s, 1900
J&J
Ott. Osw.& Fox R., M.,8s,’90.J&J 123
119
Denv.S.P.&Pac.—1st,7s,1905 M&N
Quincy& Wars’w, 1st, 8s, ’90. J&J 118
70
60
Des M. & Ft. D.—1st, 6s, 1904. J&J
Clue. & Can. So.—1st, 7s, 1902 A&C
101
1st inc., 6s, 1904
Chic.CHn.Dub & Minn.—7s,’84 F&A 100
L10
Detroit & Bay C.—lst,8s,1902.M&N
7s, 1910
.7&J 108
113
1st M.t 8s, end. M. C., 1902.M&N
Chic. & East Ul.—Skg. fd., cur. 1907
105
Det.G.Haven&Mil.—E(
Income bonds. 1907..
6s,1918
♦
Con. M., 5% till’84, af r 6^. .1918
Chic. & Gr. Trunk—1st mort., 1900
Det.&Pontiac, 1st M.,6s,’86.A&O
Chic. & Iowa—2d M., 8s, 1901.J&J
Det, L. & North.—1st,7s,1907.A&O
Chic I’a& Neb.—IstM. 7s ’92F&A 1114
Dub. & Dak.—1st M., 6s, 1919. J&J
Chic.& Mich.L.Sh.—1st, 8s,’89.M&8 1114' 116

107

117
122
116

*

118
114

......

......

126

113*2
121%
115%
1123%
1121*2
113
tin *q

125
125
75

107*2 108*4
1112*2

Conn. Val.—1st M., 7s, 1901...J&J
Conn. West.—1st M., 7s, 1900. J&J

2d, 7s, 1900 M&N 112
120
St.L. Jacks’v.& C., 1st,78,’94. A&O
do 1st guar.(564).7s,’94A&0 iis
do 2d M. (360), 7s, ’98.. J&J 103
do 2d guar.( 188) 7s,’93. J&J 108
111
Chic. B. & Q.—1st, S.F..8S, ’83. J&J 110
Consol, mort., 7s, 1903
J&J 13l*«
L05
Bonds, 58, 1895
J&D 1104

55
115

*115
*108
*110
*101
*100

Passump.—M., 7s, ’93.A&O tll7*2
Maiasawippi, g., 6s, gold, ’89 J&J 1105

122

1st 7s 1900F&A

,<74

Conn. &

......

|

122

2d M.. 7s, 1892
J&J 1105
Col. Springf.& C.—1st, 7s,1901.M&S
120
Col. & Toledo—1st mort. bonds
1115
2d mort
Col. & Xenia—1st M., 7s,1890.M&3 1109

......

1

Land income, 8s
J&J 1105
Guaranteed 7s, 1909-. J&J&A&O 123

N.Mex.&8o.Pap.,let,7s,1909 A&O

.

..

......

income 7s. A&O

ili i/< UL1U1 MJlli 1C71Q

-

A&O
Income, 7s, end., 1894
A&O
Atch’n & Neb.—1st,7s, 1907.. M&S
Atch.& Pike’s Peak—lst.7s, g.M&N
127
Atch. Top.& S.F.—1st, 7s, g.,’99. J&J 1126
Land grant, 7s, g., 1902
A&O ♦ 123*2 124
145
2d mort., 7s, g., 1903, conv. A&O 1142

do

OUl X L11LJ 9

Cheshire—6s, 1896-98
J&J 1111*2 112
Chic. & Alton—1st M., 7s, ’93..J&J 123
1*2*2
Sterling mort., 6s, g., 1903..J&J ’120
105
Income, 7s, 1883
A&O 105
116
120
Bds. Kau. C. line,6s,g.,1903.M&N
US
Miss.Riv-Bridge, l«t,,H,f 6s 1912 107
Joliet & Chic., 1st M., 8s,’82!. J&J
114*2

East, exten. M., 7s, 1910

Florence & El

_

......

Allegh. Val.—Gen. M.,73-10s..J&J

A&O

fd 1898

6s, gold, series B, int. dof. 1908..

S).>!
105
1117
114
106 *« 109

100
50
Income 6s, 1918.
J&J
Ala. Gt. Southern—1st mort., 1908 ’113
Alb’y & Susq.—1st M., 7s, ’88..J&J 114

5s, 1900
5s, plain bonds, 1920
4*23,1920.

Cons.,7s,*95..T&.T
1910
J&J

dies. & otuo—Pur. money
Series A
*
OOf

RAILROAD BONDS.
Ala.Cent.—1st M., 6s, 1918....J&J

2d mortgage, 7s, 1885
A&O
Consol, mort., 7s, 1906,guar.A&0

Charl’te Cnl.&A.

95
110
108
110
L25
130

C, C. & I. C.—(Continued).—
110
Trust Co. cert., 1st, ass’d
J103
do
do
106*2
supplementary..
Income 7s, 1890
115*2 116*2
110
112
Chic. & Gt. East., 1st, 7s,’93-’95.
105
107
Col.& Ind. C., 1st M., 7s, 1904.J&J
116
do
2d M.. 7s, 1904.M&N
106
Un.& Logan8p.,l8t,7s, 1905. A&O
T. Logausp. & B., 7s, 1884..F&A
118%
Cin. & Clue. A. L., 188G-’90
89
90*6 Columbia & Green., 1st 6s
64
Col. & Hock.V.—1st M., 7s, ’97.A&O

1

......

104
120

...

.

Frankfort & Kokomo—1st, 7s, 1908

.

Gal.Har.&S.A.—lst,6s,g.l910.F&A
1st La Grange, ex 6s, 1910.F&A
2d
do
7s, 1904 J&D
Gai.Hous.&H.—1st, 7s, g.,1902. J&J

......

123*2
131*6
130
t....
113
105
113
107
113
113
117
117

....

......

g’d, 7s, g.

115
113

guar.A&O

Uoust. E. & W. Tex.—1st,

1106
1120

1112*2 112
113*4

107

......

1
t

...

.

115

1113
110

......

J

112*2
1

1105
1102
♦ 103

104
104
106% 107
.

i‘24

126

125

126*2

......

.

2d mort., income, 8s, 1909
2d assented iuoomc, 6s, 1909

......

116*2
127*2 129

Ionia & Lansing—1st

......

......

140

;

j

t In Loudon.

8s,’89. ..J&J

.

.

_

.

v

i*ii‘*

.•••»*•

123

124

103**

110~’

116

118

114*4

118
Cons, mort., 8s, 1912
A&O 130
Waco & N., 8s, 1915
Gen. mort. 6s, 1921
A&O 103
Hunt. & Br. Top-1st, 7s, ’90..A&O
2d mort., 7s, g., 1895
F&A
Cons 3d M. 7s. 1895
A&O 110
Ul. Cent.—1st M.Chic.& Spr.’98J&J ;112
Sterling, S. F., 5s, g., 1903..A&O ’105
Sterling, gen. M.,6s, g., 1895. A&O ;U6
do
J&D U04
5s, 1905
Ill. Grand Tr.—1st M., 8s, ’90.A&O 117
Ind. Bl. & W.—1st. pf.,7s, 1900J&J 131
1st, 3s, 4s, os & 6s, 1909. ..A&O
»5
2d M„ 3s, 4s, 5s, & 6s, 1909. A&O
108
Income, 1919
In’polis D.& Sp’d—lst,7s,1900 A& 5 109
74
2d mort., income, 1906
J&J
tnd’polis& St.L.—1st,7s, 1919.Var. 105
70
2d mort., 7s, 1900
A&O
£nd’apolis& Vin.—1st, 7s,1908.F&.\ lit
2d mort.. 6s, g., guar., 1900.M&N 102
112

-

1113

78,1898.

Houst.&Tex.Cen.^lst M.,7s,g’d,’91
West. Div., 1st, 7s, g., 1891..J&J
Waco & N. W., 1st, 7s, g.,1903.J&J

111%
115
U13

112
122

101*2 106
124
124*4

Gulf Col. & 8. Fe—1st, 7s,1909 J&J
Hannibal & Nap —1st, 7s, ’88.M&N
Han. & St. Jo.— Conv. 8s, 1885.M&S
Kans. C. & Cam., 1st, 10s,’92. J&J

■

t The purchaser also pays accrued interest.

8*7
124

1st M.,78, l.g., gold,not
Ex land grant, 1st 7s, ’99

101*2 10158
112
113

»

85

1122
mo

6s

Gr.Ran. & Ind.—1st, l.g.,

103

J&J

Georgia—7s, 1876-96
110
114
110
116
117
120
120

107*2

120
133

107*8

r»

v

114

107
118
106
118
99
83

110*2
76*2
112
80

102*2

*103

115

103
116

iii6

117

■

18

THE
GENERAL
For
Railroad Bonds.

QUOTATIONS
Ask.

10G
110

1st mort., 7s,

115

M.&Clark8V,st’g6.1902

Kansas & Nebraska—1st mort
2d mort

Income, 7s, 1899
do

do

income, 7s, 1899.

Lake Shore & Mich. So.—
M. 8o.& N.I.,S.F.,lst, 7s,’85.M&N
Cleve. & Tol., 1st M.,7s, ’85..
do
2d M., 7s, 1886J
Buff. & State L., 7s, 1882....J&J
Det. Moil. & Tol., 1st, 7s, 190(5

Jamest.& FrankL.lst, 7s, ’97.J&J
do
2d M.,7s,’94. J&D
Kalamazoo Al.&Gr.R.,lst,8s.J&J
Kal.& Schoolcraft, 1st, 8s.’87. J&J
K&1.& Wli. Pigeon.lst. 7s,’90.. J&J

L. S.&M. S.,cons.,cp., 1st,7s. J&J
do cons.,reg.,lst,7s,1900.Q—J
do cons., cp., 2d,7s, 1903..J&D
do cons.,reg.,2d, 78,1903.J&D

Gen’lmort., 6s, 1930..
J&J
L’sv.N.A.& Chic.—1st,6s,1910. J&J

ii3*‘

!

124
131

L32

g.,

1891.F&A

2d mort., 7s, 1896
M&N
3d mort., 8s, 1890..
J&J
Scioto & Hock.Val., 1st, 7s..M&N

1293*

L07
110
108

60*2
121

106*2

108

108*2'

110

111
124
11L
120

124

903*
50*8

104

99*2

124^8
91

do

100% 101
99% 100
117
117
112
103

115

120
115
104

89*2
109
131
119
117

114

1st, incomes

M.,6s,192i .M&N

MU. & No.—1st,

-1-5-68, 1910.. J&D
Minneapolis & Duluth.—1st 7s.

Minn. & St. L.—1st M„ 1927..J&D
1st M., Iowa City&W., 1909. J&D
1st mort., C. R. I. F. & N., 1920..
Miss.&Tenn.—IstM.,86,series “A”
88, series “B”
j&j
Mo.K. &T.—Cons. ass.. 1904-6.F&A
Consolidated 6s, 1920
J&D

1st, 6s,
*

g.,

1899. (U. P. S. Br.)J&J

Price nominal;




no

12*6’

115*4

late transactions.

20
15

Ask.

g. ’97.A&O *123
Sinking
lg Jfund sub., Gs, 1910.M&N
107
Paris & Danville—IstM., 7s .1903
Paris&Dec’t’r— IstM.,7s,g.,’92. J&J
60
Pekin Lin.A Dec.—1st,7s,1900 F&A
Penna.—Gen. M., 6s, cp., 1910 Q—J *125
Gen’lmort., 6s, reg., 1910..A&O
Cons, mort., 6s, reg.,
1905..Q—M £122
do
6s. coup., 1905..J&D
Penn. Co., 6s, reg., 1907
Q.—J
do
1st M., 4*28, 1921. J&J 103

125

65
127

124

A

40

45
100

98

70*4

do

N.Y.C.& Hud.—M.,7s. cp.l903.J&J
Mort., 7s, reg., 1903
J&J
Subscription, 6s, 1883
M&N

1st

mort.,4^8,

reg

...

•

•

•

71*2 Penn.&N.Y.—lst.7s,’96&1906.J&D

67
G5
116

Peoria

Deo.&Ev.—1st,6s,1920, J&J
Incomes, 1920
Evansville Div.,1st 6s,l92u.M&8
do
income, 1920....
11978 Peoria Pekin & J.—1st, 7s, ’94. J&J
Perkiomen—1st M., 6s, 1887..A&O
124
Petersburg—1st M., 8s, 79-’98. J&J
130
2d mort., 8s, 1902
J&J
112
Phila. & Erie—2d M„ 7s, 1888. J&J

10G
125

139*2
139*2

Debenture, 1893
Mort., 7s, coup., 19il

90*2

Improvement mort.,6s, 1897
Gen’l mort., Gs, G. C., 1908..J&J
New convertible, 7s, 1893... J&J
G. 8. f., $&£,6s,g.,1908, x cps. J&J
Scrip, for 6 deferred 82 coupons
Coal & I., guar. M., 7s, ’92.. M&S

91*3
110

J&J
J&I)
J&D

Gold mort., Gs, 1911

93

1221*
124 "

127

96 *f

95*2
-

*93

98
96

Income mort., cons. 7s, ’96, J&D
Phila. Wil.&Balt.-Gs,’92-1900A&0 *112
5s, 1910
’
106
Pittsb.C.& St.L.—1st, 7s, 1900.F&A

114
107
125

..

•

110

92
50
108
130
121
120
Gen. M.. guar., 6s, g., 1920. .J&J 1122
8imburv&Erie, 1st M.,7s.’97. A&O
Phila. & Reading—1st, Gs,’801. J&J
2d mort., 7s, 1893
A&O

*96

105
106
2d mort., 7s, 1913
A&O
126
Sterling mort., 6s, g., 1903...J&J *124
Steubenv.& Ind., 1st., 6s,’84. Var. 102
N. Y. C., premium, Gs, 1883.M&N 105*2 106*2
Pittsb.&Con’llsv.—lstM.7s,’98.J&J 126*2
do
113
Gs, 1887
J&I) 109
Sterling cons. M., Gs, g., guar.J&J *123
do
real est., Gs, 1883..M&N 104*2
Pittsb.Ft.W.& C.-lst, 7s, 1912. J&J 139*2
Hud. R., 2d M., 7s., 1885....J&D 109
2d mort., 7s, 19L2
J&J 133
9G
N.Y.City& No.—Gen’l,6s,1910M&N
3d mort., 7s, 1912
A&O 126
N. Y. Elevated.—1st M., 1906.J&J 118*4 118*2
M&S *110
Equipment, 8s, 1884
55
N. Y. & Greenw’d Lake.—1st M., Gs
60
Pitts. Titusv.& B.—New 7s,’96F&A
19
2d mortgage..
21
Buff Ch.L.&Pitt.lst,78,1909 M&N
Oil Creek, IstM., 7s, 1882... A&O 101
N.Y.&Harlem—7s,coup.,1900.M&N 133
7s, reg., 1900
M&N 132
Union & Titusv., 1st, 7s, 1890. J&J 10978
132
N.Y.L.E.&W.—1st,7s.’97,ext. M&N
Warren &Fr’kln, 1st, 7s,’96.F&A 115
2d mort. extern, 5s, 1919 ...M&S 110
115
Portl’ud&Ogb’g— l8t0s,g.,1900J&J 1053d mort., 7s, 1883
M&S 109% 110
Vt. div., 1st M., Gs, g.,1891..M&N
20
4th mort., ext., 7s, 1920.. ..A&O 110
111
Port Royal & Aug.—1st, 6s, ’99. J&J 105
5th mort, 7s, 1888
110*2
J&D
Income mort., Gs, 1899
80
J&J
1st cons. M., 7s, g.,1920
M&S 133*8 i.33 *4 Quincy Mo.&P.—1st,6s, guar., 1909 103
New 2d cons. Gs, 1969.......J&D 103*4
Ren.&S’toga—1st 78,1921 cou.M&N 140
1st con3. fund coup.,7s,1920 M&S
131
1st, 7s, 1921, reg
M&N 140
2d cod3. f’d cp., 5s,1969
*99*2 101
J&D
Richm’d & Allegheny—1st, 7s, 1920 (
90
92
Goldi ncorae bonds, Gs, 1977....
Rich’d&I)an.—Con.,6s,’78-90.M&N 107
Loup Dock mort., 7s, 1893..J&D 129
General mort., Gs" gold
106
r.Y.& N.Eng.—1st M., 7s, 1905J&J 122*2 123
Piedmont Br., 8s, 1888.
A&O 113
1st mort., 6s, 1905
J&J 112
112*4 Rich. Fred. & Potomac—Gs, 1875... 106

1‘27*a
125

,

112

105

*

110
123 *a
106
30
110
90
106

>

*67*8
do
prior lien,inc.ac.,5-6s,'95 *108
2d mort
*27*2
3d mort
*13*2
L’sed L.rental tr’st’73,Trus.cer.73 * 33
West. ext. certifs, 8s, 1876..J&J *101
do
,do
7s, guar. Erie ! 98
(130
rorf’k&W.—Gen’lM.,6s, 1931 M&N 106
Norfk&Petersb., 2d, 8s, '93. J&J 120
South Side, Va.,1st, 8s,’84-’90.J&J 118
do
2d M., 6s,’84-’90.J&J 106
do
3d M.. 6s,’86-’90.J&J 106*2

110

28*2

14*2

Virginia* Tenn., M.,6s, 1884.J&J
do

4th M., 8s,1900. J&J

35
103
100
108
125
115
•

•

.

Equipment, 2d mort., 5s

M

#

105*2 107
122
97

M&N
J&J

2d mort., 8s, 1899
M&S
rorth’n Cent.—2d mort.,6s,’85. J&J
3d mort., 6s, 1900..
.%..A&0

i.20

F&A

84
91

85
95

St.L.Alt.&T.H.—1st M., 7s, ’94.J&J

42*2

47*3

115
117
107

2d mort., pref., 7s, 1894
2d income, 7s, 1894
Div. bonds, 1894

125
100

F&A
M&N

•

•

•

•

•

•

115
122
120

’92,F&A
M&N
1st 78, inc., pf. int. accumulative.
2d Gs, inc., int. accumulative
Ark. Br. 1. gr., M., 7s, g., ’97.J&D
Cairo Ark. & T.,lst,7s.g.,’97.J&D
Cairo & Ful., lst,l.g.,7s,g.,’91. J&J

Con. mort., 6s, g., coup., 1900. J&J
Gen. con. r’y & 1. g.. 5s. 1931 A&O
Gs, g., reg., 1900.
A&O ii5
St.L.&SanF.—2d M.,classA,’06M&N
Mort. bonds., 5s, 1926
J&J 104
2d M., class B, 1906
..M&N
Con. mort, stg. 6s, g., 1904... J&J 117*2 il*8*2
do
classC, 1906
...M&N
105
lorthern, N.J.-^lst M., 6s, ’88. J&J (100
South Pacific.—1st M, 1888 .J&J
Forth. Pac., P. D’O Div.—6s, M&S. 101*2 102*2
P. C. & O. 1st, 6s,
F&A
Bond certificates, Gs, 1921
105%
/
Equipment 7s, 1895
J&D
Gen’l 1. g., 1st, Gs, 1921......J&J 106*2
St.L. Vand. &T. H.-l stM. ,7s, ’97. J&J
2d mort., 7s, 1898
..M&N
....

'uU iiOU

v-j06JJ>vLI•

S. F.f 8s, 1890
Consol, ,6s, 1920

lol lTi,UOj

118
107*2 109
t/Ojii Ocd
106
M&S (103
107
108

2d, 7s,guar., ’98

Incomes, 1920
1st Ter’l Trust. 6s, 1920
J&J
Uiio&Miss.—Cons. S. F. 7s, ’98. J&J
Cons, mort., 7s, ’98
J&J
£
2d mort., 7s, 1911
A&O

64*2
103

107*4
66

M&N

St.P,Minn.&Man.—1st 7s,1909 J&J
2d 6s, 1909..
A&O
Dak. Ext., 6s, 1910
M&N

Income, 1920..
107

( The purchaser

120
117

also pays aoorued interest

r

118
109
75

Bellev.&S.Ill.,l8t,S.F.8s,’96.A&0 118
St. Louis & I. Mt.—1st, 7s,
2d mort., 7s, g., 1S97

125
125
119

107*3
116

Mort, 7s, 1881-90
J&J 115
120
Rich. & Petersb., 8s,’80-’86...A&0
New mort., 7s, 1915
M&N >112
116
Richmond York Riv. & Clies., 8s... 118
120
Roch. & Pitts., 1st, Gs, 1921...F&A 102
106*f
do
income, 1921
577e 58
114
RomeWat’n&O.—S.F.,7s,1891.J&D (111
2d mort., 7s, 1892
J&J 107
109
Consol, mort., 7s, 1904
A&O 103
104%
St. Joseph & Pacif.—1st mort
2d mort

108
•

114
109

Rutland—1st M.,'6s, 1902....M&N (104*2 105*3

117

1*05*2

Bid.

St. P. & S.
Mort. on

120
......

new

112*2

....

118%
93*8 94
107*2 109
......

96

97*2
110

•

•

m

m

©

®

110*3

104
123
_

111

115

114*2
108

109

107*2 109

lines

103% Savannah Florida & West.—
124
At. & Gulf, cons. 7s, 1897

: In Loudon.

95

113*3

City—1st, Gs, 1919.A&O

SanduskyM.&N.—1st, 7s,1902. J&J

124
125

113*3
100*3

......

Ill

1115

J&J till
1st mortgage, 7s
J&J 110
S.Ga.& Fla., 1st M. 7s, 1899, M&N 112
1st mort.,Springf.Div., 1905 M&N
121*2 Scioto Val.—1st M., 7s, sink’g fund 110
106
108*2
*hio Southern—1st 6s, 1921r„J&D
2d mort
98*a 99*4
i
90
80
2d income, 6s, 1921
52
Consol. 7s
104
i*6 i *2
110
(108
Sheboyg’n&F-du-L.—lst,7s,’84J&l>
(118*4 118% Sioux C. & Pac., 1st M., 6s, ’98.J&J
130
6s, 1895
118
J&D (117
So.&N.Ala.—lst,8s,g.,end.’90..J&J 112
101
M&S (128
7s, 1895
128*2 So. Carolina—lstM.,7s,’82-’88.J&J (106
104
>r’ge& Alex’ndria—lst,6s,’73M&N 125
130
1st, sterl. mort., 5s,g.,’82-’88.J&J
134
2d mort., 6s, 1875
135
J&J 130
Bds,7s,’02,2d M.,unepjoinedA&0
1120
3d mort., 8s, 1873
110
M&N
76
Bds., 7s, non-mort
A&O
110*2 111*4
4th mort., 8s, 1880
70
M&S
75
South Side, L.I.—1st,7,1887...M&S 100
96
Or. Alex.& M., 1st M., 7s. ’82.J&J 110
112
So. Cen. (N.Y.)—1st7s, 1899..F&A
92
Oreg. & Cal .—Frankfort Com. Rec. x *66
68
So.Pac.,Cal.—1st.,6s,g.,1905-6. J&J 106%
Osw.&Rome—1st M.. 7s. 1915. M&N 108
112
South westemlGa.i—Conv..7s.l S^G 120
19
14

“B.”

its'

109*2

......

M11.L.S.& W.—1st

i*o*9'

Natchez Jack. & Col.—1st, 7s, 1910
97*2
Nevada Cen.—1st Gs, 1904...'.A&O 1103
107
Newark & N. Y.—1st, 7s, 1887.J&J 105
111
iv2
New’k8’set&S.—1st, 7s, g.,’89.M&N
N’burgli&N.Y.—1st M. 7s,1888.J&J 102
N. J. Southern—1st M.,new 6s. J&J 107*4
N. O. Mob. & Tex.— Deb.scrip.1930
N. O. Pac.—1st, Gs, gold, 1920.J&J 1^358 10478
N.Y. & Can.—£ M., Gs, g., 1904,M&N 109
111

50*2

J.L.& Sag.l8t,8s’85,“wh.bds”J&J mi*4 112
do
North Ext., 8s, ’90.M&N tl09
111
do
Cons. M.,8s,’91
M&S 116% 117
do
6s, 1891
M&S
Joliet & N.Ind.,lst,7s (guar.M.C.) t
Midland of N. J.—1st mort
100
98

Income, “A.”

113

1st, Tenn. & Pac., Gs, 1917...J&J
1st, McM. M. W.&A.,6s,1917.J&J
Nash v.& Decat’r.—1st,7s,1900. J&J t

2d mort., 7s, 1896
Gan. mort., 7s, 1903

2d 6s, 1899
M&N
89
Mich. Cen.—IstM., 8s, 1882..A&O 108
Consol.,‘7s, 19Q2
M&N 130*2
1st M. on Air Line, 8s, 1890. J&J tll8
Air Line, 1st M., 8s, guar. ..M&N 115
Equipment bonds, 8s, ’83.. .A&O
Gtt. Riv. V., 1st 8s, guar.,’86. J&J 1113%
6s, 1909.....
M&S
5s, coup., 1931..
M&S 104
5s, reg., 1931
M&S 104%

Kalamazoo&S.H.,lst,88,’90.M&N

!

lll*s!

Marq’tteHo.& O.—Mar.&0.,8s, ’92

'

i'12"

......

111*2
111*2*

Railroad Bonds.

Panama—Sterl’gM., 7s.

*

105

Balt. Short L., 1st, 7s, 1900..J&J
Cin. & Balt., 1st, 7s, 1900....J&J

6b, 1908
M&S
Mass. Central—1st, Gs, 1893
Memphis & Charleston—1st consol.
1st,cons..Tenn. lieu, 7s, 1915 J&J
Mem.&L.R’ck—1st,4s (8s after ’82)
Metrop’n Elev.—1st, 6s, 190S. J&J

Mo. Kan. & Tex.—(Continued).—
Boonev’e B’ge,7s,guar,1906.M&N
Han. & C. Mo., 1st 7s, g.,’90.M&N
do
2d, 1892.... M&N

.

126*2 127*2
126*2 127

Maine Cent.—Mort. 7s, 1898...J&J 1122
Extern bonds, Gs, g., 1900...A&O 1109
Cons. 78, 1912
A&O 1119
Androscog. & Ken., 6s, 1891.F&A mo
Leeds & Farm’gt’n, Gs, 1901.J&J mo
Portl'd & Ken., 1st, Gs, ’83..A&O 1103
do
Cons. M., Gs, ’95.A&O 110
Man.Beach Imp Jim.,7s, 1909,M&S
N.Y.&Man. Beach, 1st 7s,’97,J&J 11*6*’
Marietta& Cm —1st M..7s. ’91F&A 120

Sterling, 1st M., 7s,

Ask.

3d pref. debentures
64
105
106*2
4th pref. debentures
64
68
72
New mortgage, 6s, 1927
111
110
Morris & Essex—1st, 7s, 1914 M&N 140
80
90
2d mort, 7s, 1891
F&A
Bonds, 7s, 1900
J&J 116
110*4 111*2
General mort., 7s, 1901
A&O
112
Consol, mort.,7s,
J&D
iiG Nashua & Low.—Gs,1915,
g., 1893.F&A mo
il7
104
5s, 1900
124
Na8hv.Cli.& St.L.—1st, 7s,1913 J&J
2d mort., Gs, 1901
J&J 105

J

BONDS—Continued.

Page of Quotations.

Bid.

Mo.Pac.—1st mort.,6s,gld,’88, F&A
Consol. Gs, 1920
M&N
114% 115
2d mort.,7s, 1891
,..J&J
108*4 109
Car. B., 1st mort., 6s, g. ’93..A&O
f 124
124*2
3d mortgage, 7s, 1906
M&N
85
87
Income, 7s, 1892
M&S
40
45
Mob. & Ala. Gr. Tr.—1st, 7s, g’ld,’95
109*2 110
Mobile & O.—1st pref. debentures..
1113*
2d pref. debentures

Lawrence—1st mort., 7s,1895.F&A
Lehigh & Lack.—1st M.,7s, ’97.F&A
Lehigh Yal.—1st,Gs,coup., ’98. J&D i 2*2 *2 1*23*2
1st mort., Gs, reg., 1898
J&D 122
2d mort., 7s, 1910
i 38
M&S
Gen. M., s. f., 6s, g., 1923
J&D iii s" 122
Delano Ld Co. bds, end.,7s,’92 J&J
Little Miami—1st M., Gs,l 883.M&N il03
L. Rock& Ft.S.—lstj.gr.,7s ’95. J&J 118*2 119
Little Schuylkill—1st, 7s, ’82. A&O
Long Island—1st M., 7s, 1898.M&N
2d mort., J7s, 1918
100
106
Newtown & FI., 1st, 7s, 1891
80
N. Y. & Rockaway, 7s, 1901.A&O
80
Smitht’n & Pt. Jeff, 7s, 1901.M&S
80
Lou’v.C.& Lex.—1st,7s,’97 J&J (ex) 118*2 119
2d mort., 7s, 1907
A&O 111
112
Louisv.& N. —Con. 1st 7s,1898 .A&O
124
2d mort., 7s, g., 1883
M&N 10G
Cecilian Br., 7s, 1907
M&S 110
Louisville loan, Gs, ’8G-’$7..A&0 105
1*0*6
Leb. Br. Louisv. l’n, 6s, ’93..A&O 107
108
Mem.& 0.,stl., M.,7s, g., 1901 J&D *124
126
119
F&A +117
N. O. & Mobile. 1st Gs, 1930. J&J
Pensacola Div.,1st,Gs,1920..M&S
St. Louis Div.. 1st, Gs, 1921. .M&S
do
2d., 3s ,1980.M&S
Nash. & Dec., 1st 7s, 1900... J&J
E. H. & N., 1st 6s, 1919
J&D

First

81

income, 1920

[Vol. xxxin.

STOCKS AND

at Head of

Railroad Bonds.

(117*2 118
J&J 1113*2 114*2

2d mort, 7s, 1910
Junction RR.(Pliil.)—1st,6s,’82 J&J

OP

Explanation! See Notes
Bid.

CHRONICLE.

120
115
115

113
100
106

114

8*6
106
99

107*3

July 2,

For

1903
JAJ
8unb.Haz.AW-B.—lst,5s,1928MAN 100
Susp. B. AErieJ unc.—let M. ,7a
126
gyr.Bing.&N.Y.—consol.7s,’06 A AO iYo*'
Texas A Pac.—1st, 6s, g.1905 MAS 105
105^
Consol. mort.,6s, gold, 1905. JAD
90% 92

0
0
a

Boston A

Pref.

do

'

incomes, 1920
ToLDel’s & Bur.—1st main, 6s, 1910
do
1st Dayton div.,6s, 1910
do
1st Ter’l trust, 6s.. 1910
Land grant;

6a, 1910

Income,

Dayton Div. iuc.,

94
69

99*'

6s, 1910

United Co’s N.J.—Cons.,6s,’94.AAO;
Sterling mort., 6s, 1894
MAS tll6
do
6s, 1901..,..MAS *120

Ami).,mort., 6s, ’89.MAN

Cam. A

UnionPac.—1st

M.,6s,g.’9G-’99.JAJ

114*3
121 *3

AAO
MAS
’96.AAO |124

Laud Grant, 7s, 1887-9
Sink. F., 8s, 1893..

Cairo A St. Louis
1001-2 Cairo A Vine., pref. 5 p. c

Om. Bridge, sterl. 8s, g.,
Reg. 8s, 1893
MAS
Collateral trust, 6a, 1908 ....JAJ
Colorado Centrist, 8s, g.,’90. JAD
Denver Pac.,1st M.,7s,g.,’99.MAN
Kans. Pac.,1st, 6s,g.,ep.ctfs.FAA
do 1st M., 6s, g., ep.ctfs. JAD
do lst,R.A L.G.D’d,’99.MAN

1

.

116'
122

i.22'
Cedar Rapids A Mo.
do
I

120
130
128

12912
1123s

11913

Wabash—1st M.,ext.,7s,’90,ex.FAA
Mort., 7s, 1879-1909
AAO
2d mort., 7s, ext. 1897, ex..MAN
General mort., 6a, 1920

MAN

.JAD

Chic. Div., 5s, 1910
Havana Div., 6s, 1910
JAJ
Tol. P. A West., 1st 7s, 1917. ..Q
do
1st pref. inc., conv.
do
2d pref. inc
Cons, mort., 7s, 1907,con.,exQ—F

lit, St. L. div., 7s, 1889, ex.FAA
Gt. West., Ill.,1st,7s, ’88,ex.FAA
do

2d,7s, ’93,ex.MAN

1st,7s,7a,’90,
ex.MAN
S’ncy
1. A S.
A Ia.,
Tol.,1st,
’82„ ex.FAA

0

23*5

0

81

6 124

125

68*4 68*4
21
58
58
38
38
155
154

xl20

Pref., 7

109 *3
105
115
107
49

:

Chicago Burlington A Quincy..:
Chicago A Canada Southern
Chicago A East Illinois
50

Pr

do

Chicago A North Western

i'26'

do

106
92
>

$53
95*4

lOOis
24*4
175
120

~

1st mort., 6s,

JAJ 1191s

1896

145
100
xl20
99
xl68
70
62
138

End., 2d mort., 6s, 1890
JAJ
2d mort., pref., 6s, 1895
JAJ
2d, end. Wash. Co., 6s, 1890 JAJ
3d, end., 6s, 1900
.JAJ
West’nPenn.—1st M., 6s, ’93..AAO
Pitts. Br., 1st M.. 6s, ’96.....JAJ
Wheeling A L.Erie—1st, 6s, g., 1910
Wilm. Columbia A Augusta, 6s
Wil.A Weldon—S. F., 7s, g., ’96. JAJ

113

unfund.

1st series, new
2d series, new

7

78*3

78
58

70
114
87 •
210
51

91%
50
40
56
100
xl52

200“ 20*5

100

250

do

do
do

Lake Erie A Western
Lake Shore A Mich, go

*12*3

12
65

100

50 $

Pref... 50

Pref. 100

100

Pref.... 100

99^8

522*s

I
]

100 617@
100 128*8
$61
50 x81

139

139

116*3

1*18*

do
I
I
]
1

122

95

97

90
120
80
45 76
42

« t.
S t.

Pref
100
1st pref.. 100
Prof.

31
20
61
96

31%

82
51*4
77*3

82

*

pref

Prices nominal; no late




69

transactions.

69

Maine

Central

t The purohaser

Guar

do
n

100

50

(street)

Y....100

50

55*3 1
T

90*3 1

45

50

x69
50
130

71
55

*

2*4

24*i

68%

*6*8%

33*3

33%

1st pref. 100
2d pref.. 100

135

AC. Co.. 100
100

27*a I
55
t
6178 \

+

A Meridian, assented...
it. Louis A Pacific
100
do
Pref. 100
do
50
N. J.). leased, 7

In London.

78*3

100

g

......50

)V...

vlan

200

129% 129%
20
18
136
135
15

17

59*4

59%
•

••

•••

36

18*9
17
110*3 111%
90

do

95

94*3

28%

100
29

00

Pref.
IOO

100

also pays accrued Interest.

52

115

.

do

25

64
96

100

S

12830 \
61*3 \
81*3 Y

42
7

IOO

Roanoke

S

*4*6

6*3

100,

Pref., 7

do

100

102*« 103*3

100,
ittsburg
wn A Ogdensb. .100

_

do

34

31
xl20

T

27*3
55

68

§67*4

LAP., common. 100
do
Guar. 7
100
100
etersburg
k River A Clies

I

136**.136*3 T
95
95*3
134

29%
200

102*3 107

,Pa
......

90

50%

29*3

50

Special, 7.100

do

139

55*3

'

Pref.

do

do

9950 8
15*4 8
23

33

50 §190

]

100
1313 Little Rock A Fort Smith
Little Miami, leased, 8 guar.... 50 143
17413 175
Boston A Albany
Y
42
42% Little Schuylkill, leased, 7
50 §56
Boat. Clint. Fitchb. A New Bed.lOC
63
Y
63
132ifl
132
ng Island
50 28
Y
28
do
do
Pref
100
uislana A Mo. Riv., Com
100
Boat. Con. A Montreal
100
V
48
48
do
Pref.,
guar..
104*3
104*
‘
do
Pref., 6... 100
106
106*3 Y
Louisville
A
Nashville
100
Boston Hartford A Erie
107% Y
Louisville New Albany A Chic. 100 107%
Boston A Lowell
500 i*0*7" 108*
137
Y
135
165
Lynn A Boston (street)
100
Boston A Maine
100 164%
Macon
A
20
Augusta
18
Boston A New York Air L...
*4*5
Y
*4*6

100
100

Parkersburg Branch

280

8

Joseph A Western
Louis Alton A Terre Haute. 100
do
do
Pref. 100
110
Belleville A So. Ill., pref
100
100
152*3 8 t. Louis I.M’n A Southern

132

42
116

280

leased, 10... 100

51*3 I
92
60

35*3

]
J

*

xl*30

100
7..100
100
City Ft. Scott A Gulf... 100

Keokuk A Des Moines

A Trenton,

do

Falls A Sioux City

Lehigh Valley

200

22
40
75
115
89

35

131
150

18*3

Illinois Central
100
Indiana Bloomini ton A West., new
International & it. Northern.. 100

Kansas

131

lelphia A Reading
do
PreL, 7

j
]

65
140

54*3

116
33
xl30
135

100*4 ]
125
100
170
70

53*3

§26

A Minnesota
Hannibal A St. Joseph

Iowa

.100

Pref.

24*3 1
185
130

85%
165

!*50%

20*3 8
92
92*3 S
g
114*3 115

do

xlOO

Pref., L .100

1

8

do

44%
85*3

45

100

95%

185

100

56%

65

180

Highland (street), Boston
Houston A Texas Central
Huntingdon A Broad Top

56*s

54

Georgia Railroad A Bank’g Co. 100

do
Pref., 7.. 100
Harrisburg P. Mt. J.AL., guar.,7.50

50

41%

102

36%

Jeft’v. Mad. A Ind’p’s, l’sed.
Joliet A Chicago, guar., 7

81ifl

ii.29"

20
.

5.. 100

1083s

108

124*4 1
110*3 110*3 I

50

155
61
10

145% 146

3...100

8

Green Bay
105

50
100

Pref

do

37
104

Grand River Valley, guar.,

50 i*46*3

Augusta A Savannah, leased.. .100
100
do
Pref., 6
100
do
2d, pref
Washington Branch
100

5

Pref., 7..50

Fitchburg
Flint A Pere Marquette
112
do
do
Pref
110*3 111*3
124
Frankfort A Kokomo
118

6

Baltimore A Ohio

100
50

Erie A Pittsburg, guar.,

Lim., B, com
Albany A Susqueh., Guar., 7...100 126
Atchison Topeka A Santa Fe.. 100
Atlanta A Charlotte Air Line
Atohison A Great Western
Atl. A St. Law., leased, 6, £—100

Eel River
Elmira A Williamsport,

100

IIOI3

114
Wis. Valley—1st, 7s, 1909
JAJ 113is 102
Worc’r A Nashua—5s, ’93-’95.. Var. 1101
102
Nash. A Roch., guar., 5s,’94.AAO i 101
RAILROAD STOCKS. Par.
uo%
Ala. Gt. 8outh.—Lim., A., 6s,pref..

Allegheny Valley

100

do

WinonaASt.Pet.—lstM.,7s,’87.JAJ 109
2d mort., 7s, 1907
MAN 122*3
95
Wis. Cent.—1st, 7s, coups,

Eastern (Mass.)
Eastern in N. H

150
60
9

124

§

118
120
119

125*3 126%
87 *-;
87%

32*4

......

do

do

5078
112
38

pref.

do

i‘39*‘

111%

60*4

.501

106*2
92*3
96

32

12013

39

61

]

104

125%

37*3
59%

230

1

)

»

Consol, mort., 7s, 1890
AAO
W. Jersey A At. 1st M.,6sl910MAS
West’n Ala.—1st M., 8s, ’88.. .AAO
2d mort., 8s, gnar., ’90
AAO
West. Md.—End., 1st, 6s, 90... JAJ
1st mort., 6s, 1890
JAJ

83
43

42*3

Columbus A Toledo.

125

Pref.

do

139

80

Dayton A Michigan, guar.
(r.est.AR.),7s.MAS
ar.
Pref
do
>f.,
Om.Div.,lst7s,1919.AAO 119*3 i*20
100
do CSLarin. Br., 6s, 1919.FAA
1.26*3 Delaware Lack. A Western
do
No. Mo.,1st M., 1895.JAJ 126
Wab. Fund. 1907— Var. 7s. .FAA
do
FAA 103
Various 6s
Des Moines A Fort Dodge,
114
Warren (N.J.)—2d M., 7s, 1900
Pref..
do
do
100
W. Jersey—Debent. 6s, 1883..MAS
St.L.K.C. AN.

do

xl52 152*3
1253s 12550
134*3
) 134
) 126*8 12630

108
11113
Ill
111
110
102
112

do

)
)

P

do

55

do

Central

142% 143*2

111

do

20

12
106

)

Chicago A West Michigan

16

Y. N. Haven A Hartford ....100

139 '
150
164
163

Chicago A Rock Island...
Chic. St. L. A N. O
Chic. St. P. Minn. A Om.,
11513 Cin. Hamilton A Dayton.
Cin. Indianap. St. Louis A
n. Sandusky A Clevelar

16

33

31%
62

do

53%
25*4

Pref.

do

99*3 99%
60
58
29% ! 30*3
44*3 45

)
)
)

247g

Eri(

.

137

110
90

160

8.. 100
100
100

Pref..

do

50

)

100
85

ioiig
100

London Northern, leased,
N. Orleans Mobilo A Texas
\ Central A Hudson Riv
York Elevated

124

Pr

do

156
53

100
pref. .50

Middlesex (street), Boston
100
Midland of New Jersey
100
Mil. Lake Shore A West., pref . 100
Mine Hill A S. Haven, leased
50
Missouri Kansas A Texas
100
Missouri Pacific
100
Mobilo A Ohio RR., assented. ..100
Morris A Essex, guar., 7
50
Nashville. Chat. A St. Louis
25
Nashua A Lowell
..100

101*3 10158

■)

do

100
100

p

)
)
1

114.1s

Ask.

10
10
pref..50
8S
88
Memphis A Charleston
25
77
*2350 Metropolitan (street;, Boston...50 §x76
87
Metropolitan Elevated
82*3 Michigan Central
100 1055s 1057s

|93

0
0
0
f)
0
o
■)
3
0
3
^
)
)

Manchester A Lawrence
Mauhattan Beach Co
Manhattan Railway
Marietta A Cincinnati, 1st
do
2d

25
50

95

)
)

Charlotte Col. A Aug

•

Equipment, 7s, 1883

35
40

Bid.

Railroad Stocks.

^

Pref.

do

Tnc.,No.l6,7s,1916.MAS

Vick.AMer.—lstM.,end.,7s,’90.J AJ
2d mort, end., 7s, 1890
JAJ

0
0
0

)

Inc.,No.ll, 7s, 1916.MAS

Denv.Div.,6sas8.cp.cert.
1st cons. M.,6s, 1919 MAN
Utah Cen.—1st M., 6s, g.,1890. JAJ
Utah So.—Gen. M. 7s, 1909
JAJ
Utica A Bl’k R—Mort., 7s; ’91 .JAJ
Verm’t A Can.—M., 8a
Mississquoi, 7s, 1891
JAJ
Vermont Cen.—1st M.,7s,’8G.MAN
2d mort., 7e, 1891
JAD
Income extension 8a
MAN
Stanstead 8. A C., 7s, 1887. .JAJ
Verm’t A Mass.—1st M., 6s; ’8 3. J AJ
Conv. 7s, 1885
..JAJ

173
124

)

L’d 1st M,78,g.,’80.JAJ
Land 2d M., 7s, g., 1886
Leav. Br., 7s, ’96..MAN

do
do
do
do
do
do
do

172
122

.

98is California Pacific
Cambridge (street), Boston
Camden A Atlantic
do
Pref

98
60
65

50

Ask.

Pref.

do

101*4 1013s
93

Bid.

Railroad Stocks.

Ask.

Summit Br.—1st, 7s,

Inc. and land gr., rog., 1915.July
1st (Rio Or. Div.), 0a, 1930..FAA
Texas & St. Louis— 1st,Oa,l 910 JAD

of First Page of Quotations.

Explanations See Notes at Head
Bid.

Bonds.

BONDS—Continued.

QUOTATIONS OF STOCKS AND

GENERAL

Railroad

lft

THE CHRONICLE.

1881.J

$ Quotation per gharo.

x64

THE CHRONICLE.

20
GENERAL

QUOTATIONS OF STOCKS AND BONDS—Concluded.

Foe Explanation* See Notea at Head of First
Bid.

Bank Stocks.

Ask.

Bid.

Bank Stocks.

100

Atlas
Blackstone

100
100

;.

100

152*3 154
Kentucky Nat
100| 136
120*3 127
Louisv. Banking Co.40 200
116
11G% Masonic
100 120
108
128

110

..100|

100

Boylston

100

128*2 Northern of Ky ...100i 105
127^ 128
Second Nat
100
106% 107
Security
100 148
94
91% Third National... .100 115

Bunker Hill
Central

100
100

178
120% 121

City

100

121*4 121%

Columbian

100
100

Brighton, (Nat.)... 100
Broadway
..100

Commerce

Commonwealth...100
Continental
100

Eagle

100

Eliot....

100

Exchange

100

Everett

100

Eaneuil Hall

100

First National
100
100
First Ward
Fourth National. .100
Freemans’
100
Globe
100
100
Hamilton
Hide & Leather... 100
Howard
100
Manufacturers’.. 100
Market
100
.

Market(Brigliton). 100
Massachusetts... .250
Maverick
100
Mechanics’ (So.B.)lOO

Merchandise

100

Merchants'

100

Metropolitan

100

Monument
Mt. Vernon
New England
North....
North America
Old Boat on
pacific

100

100
100
.50
loo

People’s
Redemption
Republic

100
100
100

Revere
Rockland
Second Nat

100
100
100

Security

100

100

100

Shawmut..'
100
Shoe & Leather... .100
State
100
100
Suffolk
Third Nat
.100
100
Traders’
Tremont....
100
100
Union

Washington

MOO

Webster
100
BROOKLYN.
Atlantic (State)....

176

145

126*2
130*2
120*2
120
122

144*2
116*2
130

207%
103
108
124

First National

122

Mechanics’

Exchange

100

Federal
Hamilton

100
100

114
125
125
107%
104%

L14%
125%
125%

Maritime
Merchants’
Molsons
Montreal
Nation ale
Ontario

| Broad'way
{ Butchers’*

175

State

Nat..vr... 100
...100

105

115
125
116
115

57

1^0
114

105
154

130
117
130

i*2*6'

60
130
118
137
129

’95

; 132
140

1
100

89%
105

Farmers’ & Drov.. 100 107
First Nat
..100 143
German Ins. Co.’s. 100 103
7.100 106

100

{State Bank of Va.100
ST. LOUIS.
B’k of Commerce. 100
: Commercial
100

..

!Valley National...100
I SAN FR ANCISCO.
1

Phenix...

133
100

(First Nat. Gold
1

100

Associate Firemen’s.5
Baltimore Fire Ins.10
Firemen’s Insur’ce. 18
Howard Fire
5

147

163

128
80

Jnion

50

*122
150

PHILADELPHIA §.

120

274
106 ‘
67

<
<
<
(
1
1
J

66
66
110

!(
J

Price nominai; no late transactions.

.50

131
88
62

iYs'

142
114

126

170

27
25

26

7%

....

*

ii*4 i*2
140

144

60
145

116% 119

85

125

110
160
110
80
145

115
85

Imperial Fire

25

Lancashire F. * L. .25
London Ass.Corp.12%
Liv. & Lond. &Globe.2
Nortk’n Fire & Life .5
North Brit. & Mer. 8%
.

Queen Fire & Life.. .1
Royal Insurance
3

MOBILE.
Citizens’ Mutual...100

t Last price preceding June 30,

115% 116*2
39% 40*4
63

102

170

113
200
2L5

120

225

195
165
125
135
60
100
225

_

10*3*

105

105

i.06"
135

*80*

75

15*6*
240
25
145

its
123
212

65

75

25*a
78
161

878

!

26 *2
80
164

9%

66

68

22%

22%

59

66*2
4

33*2

Niagara

50

North River
Pacific
Park

25
25
—100

Cooper...
People’s

20
50

Peter

Phenix
Relief

(B’klyn).—50
50

Republic

100

Rutgers’.....

100

Standard

50
100

52

St. Nicholas

130

105
.......

215

95
105

100
no

120

i*o*3

97
107
117
182
160
117
260
68

.

196
-

Tradesmen’s
United States
Westchester

25
25
10

Williamsburg Citv..50

*

»

•

•

^

_

....

140

150

160

80 '
158
123
93
75
150
200
63
112
90
115
60
145
110
165
150
85
125
115
150
115
70
155
110
185
112
230
125
200
115
135
90
80
150
60
126

87%
....

1*30
....

...

.....

.

.

m

m

210
67

116
95
75
118
70

150
115

160
90

130
m

mm

ioo
„

......

115
240
130

•

118

75
.100
25 115

Sterling
Stuyvesant

-.

175

105
132
115
210

140
95

85

*65
......

123
-

*

-

r

110.

PHILADELPHIA.^

.Etna Fire
100 x235
Atlas Insurance... 100
Connecticut
10Q 143
Hartford
100 300
National
100 xl40
Orient
.100 xl20
Phoenix
100 205

Steam Boiler
40
LONDON.
Commercial Union.£5
Guardian
50

Lorillard
25
Manuf. & Builders’100
Manhattan
100
Mecb. & Traders’.. .25
Mechanics’ (B’klyn)50
Mercantile
50
50
Merchants’
Montauk (B’klyn).. 50
Nassau (B’klyn)....50
National
37*2
New York City
N. Y. Equitable
35
New York Fire.... 100

Star

HARTFORD, CONN.
150

..100

25
Long Isl’d (B’klyn) .50

80
140

25

60

no*; 112*2

Lenox..

CINCINNATI.
Amazon (new stock) 20
Cincinnati
25

Western

40

Lamar

144
155

20

30

Knickerbocker

143
150

Washington

50

Lafayette (B’klyn) .50

North American ..100
Prescott
.100
Revere
100
Shoe & Leather. ..100
Washington
100

20
Globe
20
Merchants’* Manuf 20
Miami Valley
50
National
100
Union
20

-

50
50
25
100
15
.50
50
100

Kings Co. (B’klyn) .20

143
133
123
130

20

30
50

Jefferson

141
132
125
125

20

100

Importers’ & Trad. .50
Irving
100

152

Eureka

40

Hanover
Hoffman
Home
Howard

192
65
147

100

.30
50
100

Commercial
Continental

Hamilton..

188

,20

Columbia

Greenwich
Guardian

107
101
101

122

Enterprise

100

Germania
■Globe.

150

Ea^lo

70

Clinton

| G erman-Amei lean 100

Eliot
..100
Firemen’s
..100
Franklin
100
Manufacturers’.
100
Mass. Mutual
100
Mercantile F. & M.100

20
25

20

..17
Firemen’s Trust.... 10
Frank.* EmpMum

Dwelling House... 109 119

Citizens’
Commercial

Citizens’

Firemen’s

152
94

Neptune F. & M...100

25
25
17

Farm gut.

151
93

..

Bowery
Broadway
Brooklyn

Exchange

10

100

NEW YORK.
American
50
American Excli... 100

Empire City

...I

37

06
55*o

122%

Teutonia

Eagle

AVells, Fargo * Co...

Commonwealth. ..100

43
L25

97

[Merchants’ Excli.. 100

Boylston

;i04
+115

130
125
120

96
130
105

Grangers’ B’ k of C. 100

BOSTON.

’120
70 ’IOC *4
50 ;i02
25

.100

135

Auglo-Cali fornia

I Bank of California....

.

35%

—

City

114*2

American F. & M. .100 X137
Boston
100 xl41

90

J120
...20 ,’L05
J145

59
162
156
155
112
154

25*4

96
107

I Germania

132
77

57
160
154
154
110
152

100
100

(Firemen’s
....

113

I International

45
100
45

30

Sun Mutual

iFourth National ..100

Merchants’ Mutual.50
National Fire
.10

;i4o

130
165
125
225

New Orleans Ins. Co

100

!Merchants’, Old
I Merchants’ Nat
.100
1st. Louis National. 100
{Third National....100

...

People’s

{Continental
{Mechanics’

Lafayette

Mechanics’ & Traders’
New Orleans Ins. Ass’n

350
260
130

85~

109

iMerchants’ Mutual

!

Maryland Fire

1140

161

......

25

63

116

j

RICHMOND, VA.

City Bank

Firemen’s

(Germania
| Hibernia
(Home
j Hope

! PIKE INSUR’CE
I
STOCKS.
BALTIMORE.

101

218
165

j

Pacific..

134

Merchants’
50 131
Merchants’ Excli’ge50i*102

Metropolitan

‘Merchants’ Nat.:...75
'National Traders’. 100

JNat.Gold Bank* Tr. Co

130
’250

B. Ass’n50
& Tr.. .25

100

Merchants’ Nat.. .100
89 3j Nat. Bk of VirgiuialOO
! Planters’ Nat
100

116
160

|
1

50

{First Nat

I....

100

...

100
100

SO
50
42
95
40

..

:..100
Union Nat
50
Western Nat
50
West. Philadelphia.! 00

Canal Nat
Casco Nat

Factors’* Trad’s’ Mut.
Mobile Mutual...'. .70
Planters’ & Mereli.Mut

Ask.

NEW ORLEANS.

50

PORTLAND, ME.
Cumberland Nat....40

Bid.

109*2 111
Crescent Mutual....
Factors’ ami Traders’. xll4% 116*2

100

Southwark Nat

95
118
130

46*2

125

145
120

40*2 Third Nat

100 1240
25 .’100
100 149

Exchange

i

130
90
107




1

;ih0
1130
25 ; iso

12S
74
135
95
37
130
120
169
126
76
170
114

jSixth Nat

Insurance Stocks.

Stonewall
Wsisli’tonFire *M..50

Spring Garden ...100
103*2 22d Ward.
50

i

City Nat
100
Falls City Tobacco 100
Farmers’of Ky ...100

*

104
152
02

:150

185

127

...

HO3*

|

190

LOUISVILLE.
Bank of KentuckylOO 144
Bank of LouisvillelOO
92
Citizens’ National. 100 126

German

89*2

29

100

19134 192*4 First Nat
94

Ask.

100

Seventh Nat

100

:i78i

| Manhattan

120
220

[Second Nat

28

Drovers25 *140

f

170
215
160
110
125
160

I Nat. B’k Republic..100
N itional Security. 100
| Penn National
50
1 People’s
100
!Philadelphia Nat.. 100

iio

’160
25 ;ioo
25
100 ’8*0*6*
Fourth National... 100 *121
Fulton
30 ;i3c
’360
l

TJn.Stock Y’ds Nat. 100

Phoenix

106
150

125

...

c

Nat. B’k Commerce.50
Nat.B’k Germant’n.50
Nat.B’kN. Liberties 50

256230

: East River
! Eleventh Ward
| First National

113
230
115
260

Corn Exch. Nat.. .100
Fifth National... .100
First National
100
Hide and Leather
Home National
100
Merchants’Nat.. .100
Nat. B’k of Illinois.100
Northwestern Nat. 100
Union National... .100

HARTFORD.
Aetna Nat
100
American Nat
50
Charter Oak Nat..100
100
City Nat
Connecticut River. .30
Far. & Meek. Nat. 100
First Nat
100
Hartford Nat
100
Mercantile Nat.. .100
National Exchange. 50

112

;! Central National.. 100
'(Chase National
1001*-156
.20 tllO

1

CHICAGO.
Commercial Nat.. .100

Nat. Lat. & Bk. of Com.
Second National
Third National

210

122*2 123

50

!

People’s National. 100

^Merchants’ National..

100
100

108
105
125% 126
i|
151% 152
| itv
138
138% { itizens’
111
lii% Commerce

103
100

Manufacturers’ Nat.25
IMechanics’ Nat....100
•Merchants’ Nat...

171*2
03
116
138
154
118
80
118

Bid.

1

100
100
Jacques Cartier... 100 101*2 102

123

CHARLESTON.
B’k of Clias.(NBA) 100
First Nat. Chas.. .100

CINCINNATI.
Citizens’ National
First National
Fourth National
German National

103
140

Eastern Townships 50

..

150

...

27
120
90

200
140
50
121*2 122
40
260
255
Quebec
100
132
131
Standard
112
112% Toronto
100
149
150
Union
100
125*2 126
Villo Marie
100
204
203
NEW ORLEANS.
! Canal & Banking..100
126% 127
153
152
...100
|! Citizens’
140
139
Germania Nat
100
117
117% 1 Hibernia Nat
100
63
63% Louisiana Nat..
100!
115
116
'(Metropolitan
165
164
( Mutual Nat
100
135
135% 1 NoW'Orleans Nat..100
131
131% fi People’s
50
126
126% | State Nat
100
111
! Union Net
140
100:
153
153% {
NEW YORK.
190
180
America
100
123
122
! American Exch’gelOO!

Brooklyn Trust....

Long Island

MOBILE.
| Bank of Mobile
25
First Nat
100
Nat. Commercial.. 100
MONTREAL
British N. America....
Commerce
50
50
Dominion
Du Peuple
...50

135

Nassau

Commercial

107"
113

100

West.Finan.Corp. .100

117% 118
130
130*4
109*2 110
109*4 109%

110
240
95
100
96
180
170

Fulton
City National

146
127
131
121
121
123
145
117
131
210
105
109

Western

124% Ilochelega
112*2 113
Imperial

110
220

Brooklyn

Merchants’ Nat.

Pa;e of Quotations.

Bank Stocks.

130

Blue Hill
Boston Nat

Manufacturers’.

Ask.
135

BOSTON.

Atlantic

[Vox. XXXIII.

60
67

4*4
33

American Fire.... 100
Fire Association... .50
Franklin Fire
100
Delaware Mutual.. .25
Ins. Co. of N. Am’ca 10
Ins. Co. State of Pa 200

37

Pennsylvania Fire 100
Lumbermen’s

50

Spring Garden

50

Union.

10
10

United Firemen’s
RICHMOND.

..

City
25
Merchant8’*Mecb. 100
Virginia F. & M
25
Virginia Home
25
Virginia State
25
....

ST. LOUIS.
American Central..25
Citizens’......
..100
Jefferson
100
Marine
100
SAN FRANCISCO
California
...lOOj
Commercial
100
Firemen’s Fund
100
*
Home Mutual
State Investment. 106’
Union
..100
Western

70

$ Quotation per shore.

122
12

126

28*2
23
93

23*2
95

34*2
27*2

36

32

35

123

125
112

..

...

110

122
1 Ly
108
123

97%:

12*6*

July

GENERAL

i

68, 1878

,

100

Wells, Fargo & Co. 100

138
83
70
72.
130*4 135

137
82

STOCKS.

65

61

American District. 100

46^8

60 ‘

(Atlantic & Pacific..25

HO

120 ‘
120

.....

128
128

i

Franklin

■Gold & Stock

25
IntcrnationT Oe’n.lGO
Mexican
100
Southern & Atlantic 25
West. Union ex-eerlOO
TRUST CO.’S
STOCKS.

25

148

Central

...100

175
60
245

Kquitable.

10G*2

—

107
121

Del).6s, reg.,’77,J&I)
Con v. 6s, reg. ,’82 J & D

6s,g.,rg.,’91M&8

110*2

6s,g. ,cp.&rg.. ’97 J& D

Cons.M.,1911 7sJ&D
Louisville &Portl.—
3d mort., 6s, 1881...
4tli mort., 6s, 1886..

109*2

110

Morris-

Boat l’n,reg.,’85A&0
New mort

Pennsylvania—
6s, coup., 1910.. J&J
Schuylkill Nav.—
1st M., 6s, 1S97.Q-M
2d M., 6s, 1907.. J&J
Mort. 6s, ep., ’95 J&J
6s, imp.,ep., ’80 M&N
6s,ht&ear, 1913 M&N
7s,l)t&ear,1915M&N
Susquehanna—
6s, coup., 1918..J&J
7s, coup., 1902.. J&J
Union,1st 6s.’83.M&N

100

Lowell

Maid. & Mel rose.. .100
Newton & Wat’n ..100

Salem, Mass.,

Gold & Stock Tel......

3an Francisco G. L...
MLANUFACT’ING
STOCK S.

103

106

Mariposa Gold L.&M.—
Cons. M., 7s,’86.J&J
Mercantile Real Estate
Oreg.R.& N. 1st,6s, J&J

Pullm’n Palace Car—

113*2
110

117*2 119
107
107*2
106 34

Bridge & Tun—

131
129

Spring Vallej*—

W.\V.,lsts,1906.M&S

0

Sterliug Iron & Ry.—

Series B.,inc.. 1894.
Plain income 6s, ’91.

•

•

•

•

•

36

38

Western Union Tel.—

7s, coup., 1900. M&N

122%

Sterl’g 6s, 1900.M&S U05

123
109

7s reg., 1900.. M&N

MISCELLANEOUS
’

STOCKS.
Aspinwall Land.... 10

Boston Land
10
Boston Water Power..
Brookline (Mass.)L’d5
Canton Co. (Balt.). 100
Cent. N.J. L’d Imp. 100
Cin. & (;ov. B’dge pref.

Louisville Bridge
McKay Sew’g Mach. 1(3
Maverick Land

10

N.E.Mtg.Secur.tBost.)

N.

Hampshire Land

25

g.Y. Loan & Imp’t 2 00

50

Land scrip
O. Dominion SS.Co.100

Oregon Ry.&N.Co.lOO
PacificMail SS. Co.lOfl




185

no

5
28

26
*

*2*6

N.Y.&Straits.C.&I.lOO
Ontario Sil. Min’g.lOO

*36’

i

*36*2

X7*2
9*2
10%
5*4
30

168

8
11

10*2

5*2
72
40
169

••••■*

2*4
xlOO
4

2*2
108
5

40
31
108
173

45*2
32

(Mass.)lOOO

1840

Lowell (Mass)
690 x860
Lowell Bleaekery.200 280
Lowell Mach.Shop.500 800

173

late trausaotioas.

534

•28

10

1-30

100

Leviathan

100

.

*29

1*33

50

50
.10

j Manhattan

10

255
Pennsylvania Coal.50 250
; Martin White
100
85
Pilot Knob I. (St.L)lOO
100
(May Belle.
19
19%
'Mayflower
10
Quicksilver Min’g.lOO
72
70*2
*2 (Mexican G. & Silv.100
do
pref
10
Moose
San Juan Sil. Min.100
$1
f3
$6
S. Raph’l Sil.,Mob. 100
$1
! Moose Silver
.'Mono
100
do
$6
$4
pref. 100
31i amok in Coal
Navajo
100'
25
*4*6*
New Philadelphia
(Spring Mount. Coal.50
23*2 N. Y. & Colorado... 20
[Staud’d Cons. G.M.100 23
2*2
2*2 Noonday.
Stormont
1

10

1*25

1-30

1*95
^

"65

.

North Standard....

Wilkes!). Coal &T..100
BOSTON MINING

Northern Belle....100

O. K. & W
Overman G. & S.. .100

STOCKS.^

76
276

Allouez.Atlantic

100

Aztec....
Blue Hill /Me.)

25
25
25
10

Penobscot
Plumas

10

lArnie

121
192
1340
130

(Belcher Silver ....100

258

Breece

t The purchaser alsa pays

(Buckeye...

acorued iat.

Robinson Consol..

50

Sacramento

10

Santa Cruz

(South Bulwer
(South Ilite,

new

...25

Spring Valley

1

Standard

•28
•60
2 30

•34
3*50

23%

100

10

Standby
Tel. Con
*

1%
9*2
1*2

-

25c.
33
3

*4*4 *
1

3*2
*

J in London.

(Tip Top
Trinity

Tuscarora
100
Unadilla
Union Consol
100
10
3*2 V. deW. G
Wales
Wiltshire
45
BANK STOCKS.
l*e
BALTIMORE.
334
.Bankof Baltimore 100

•60

(Chesapeake

25

i

10

Citizens’

*80

*09
*51
1*30

18

50c! (Bank of Commerce.25

35c.

(Com. & Farriers’.. 100
7

7*3

|Farmers’ B’k of Md.30
(Farmers’ & Merck..40

*

i*-*90 *2* *0*6 ! Farmers’&Planters’25
First Nat.of Balt.. 100

*41

100

1
25
5

100
100
10

Tioga

2

32
10
2
5 0c.
35

31

100

Bonanza Chief

1
10
5

Silver Nugget, new...
Sir Roderick Dku ..10
South Bodie

05
,

Rappabanock
Elephant
Rising Sun

Savage Gold& Silv.100

f Belle Isle
100
Belmont....
Best & Belcher. ...100

Bodie

l

Red

*40

Sierra Nevada Silv.100
Silver Cliff
50

10

! Bechtel

190
1890
770

2

! Bald Mount

(Bassick

5
10
100

Potosi

Calumet & Heeia...25

1850
865
285
900

•75

Patagonia

67*2 Bmnsw’k Antimony.5

Central.
25
1200 Contentment Silver 25
129 *2 Copper Falls
50
Amory (N. H.)
100 129
25
Amoskeag (N.H.) 1000 x2000 2020 I Dana
20
Dawson Silver
Androscog’n (Me.).100 xl30 132
5
Appleton (Mass.). 1000 1225 1250 Douglas (Me.).172
Duncan Silver
20
Atlantic (Mass.)... 100 xlTO
Franklin
25
Barnard Mfg. (F.It.).. 125
Harskaw Silver
20
Bates (Me.)
100 x202 205
2300 Humboldt
25
Boott Cot. (Mass.) 1000 2275
150
Hungarian
Border City Mfg. (F.R.) 140
25
1140
Huron
25
Boston Co.(Mass.)1000 1435
176
International Silver20
Boston Belting.... 100 174
1030 Manhattan
25
Bost. Duck (Mhss.)76o 1025
Mesnard
...25
Cambria Irou(Pa.).. 50 s
25
Minnesota
Chicopee (Mass.) ..100 xl55 ’ 160
830
National
25
Coclieco (N.H.)..*.500 820
Osceola
25
Collins Co. (Conn.).. 10
107s 11
Pewabic
25
Continental (Me.). 100
87*2 88
25
Phenix
Cres’t Mills (F. R.) 100 100 I 103
Pontiac
25
Davol Mills (F. R.) 100 116
Quincy
25
Dougl’s Axe (Mass) 100 xll5 118
Ridge
25
Dwight (Mass.). ..500 x825 850
133
RocKland
25
Everett (Mass.)... 100 130
Silver Islet
25
Fall Riv. Iron W. 1000
25
Star
Flint Mills (F. R.) 100 ioo* 104
Sullivan(Me.)Silver 10
Franklin (Me.)
100 xl06 103
115*« Superior....
25
Great Falls (N. H.)100 115
25
Hamilton (Mass.) 1000 xll75 1200 Wintlirop
281
GOLD A SILVER
Hartf. Carpet (Ct.)lOO 279
MINING STOCKS^
Hill (Me)
100 xl05 106
240
(N. Y. & SAN. FRAN.)
Holyoke W.Power. 100 225
1315
Alice...
Jackson (N. HJ..1000 1305
Alpha Consol G&S. 100
King Philip (F. R.) 100 140
Alta Montaua
100
Laconia (Me)
400 550 560
960
American Flag .... 10
Lancaster M.(N.II)400 955
Lawrence

.35

10

Lacrosse
La Plata
Leadvillo Consol
Leeds

Lucerne

37

•60

20

Little Chief
Lowland Chief

*35*

2*90

100

Kings Mountain.... 10

1*2
2

v5o
2'75

25
10
5

Iron Silver

******

Mon tank Gas Coal. 1001
(New Central Coal
New Crock Coal
10
N.Y. & Middle Coal.25

Catalpa Silver

Lyman M. (Mass.). 100 120
515s 51% Manchester (N.Bt.) 100 xl88
1000 1335 1
gHUm’n
Palace CirlOO 142 144 Mass. Cotton
St.Loms B’dge.lstpref +105
107
Mechanics’ (F. R.) l6o
^apref. certificates. ;50
52
Merchants’ (F. R.)106 iso'*
St.Louis Tunnel RR.. tl04
107
Merrimack(Mass)1000 1380
St. Louie Tranofer Co.
Middlesex (Mass.). 100, x256
65
Sutro Tunnel
Nashua (N. HJ....500! 760
10 §$1*2

Price nominal;

50

*15
*

•63
300

Independence
3

5%

2*65

Hukill

20*2

***2%

Marip’sa L.&M.Cal 100
do
pref. 100
Maryland Coal
100

16

66*2

19*2

1*65

1*5 6
5 *a

.25
25

Hortense

Am.B.H.S.M.(Pa.»12*2

1st, 7s, g.. 1929.A&O ♦129
Reconst'ruc. certfs... :i27

„

Locust Mt. Coal

110

'

100
1

1*2

101

Am. Linen (Fall Riv.)

100
108

4th do

66

Oarondelet,St. Louis

100

3*o

1-40
*32

100
..

Goodshaw.
100
Gould & Curry S..100
Grand Prize
100
Granville Gold Co... 1
Great Eastern
1
Green Mountain
10
Hale & Norcross. .100
II irsliaw

j

3 *4
4 *2

I.Excels’r W.&M.Co.lOO
I (George’s Cr’k C’l (Md.)
96 liHomestake Min’g.lOO
128
(La Plata Mining &S 10
105*2 !Little Pittsburg

....

101*2 102

Eureka Consol

Gold Placer
Gold Stripe

**48*2 *5*6 ’

1-90

5
100

(Father De Smet
Findiey

62

2-60
•15
1 00
1*30
•26

1

Freeland
GO

24X*

10

Dundenberg

i Dunkin
*.
(Durango
Emp. Utah
I

1-85

100

jDaklmiega

180
98
97
'
18
16
115
1 10
89 I 1)0
1235 (1250

66

.

1st consol 68

(Crown Point

210
30

200

155

100

Lynn, Mass., G. L..100

100
Brooklyn, L. 1
25
Citizens’, Brooklyn.20
Metropolitan, B’klyn.
Nassau, Brooklyn ..25
People’s, Brooklyn. 10
CANAL STOCKS.
Williamsb’g, B’klyn 50
Chesapeake & Del.. 501 *§
Del. & Hudson
100 1087a 109*4 Charleston,S.C.,Gas.25
Del. Div. leased, 8..50;
17
48 I Chicago G.& Coke. 100
Lehigh Navigation..50 "M534 457aj Cincinnati G. & Coke
Hartford, Ct., G. L..25
Morris, guar., 4
100 $
Jersey C.& IIoLok’n 20
do pf., guar.l0..100 ]
People’s, Jersey C
Pennsylvania
50 *•§
Louisville G. L
Schuylkill Nav
50
Mobile Gas & Coke. 8
do
do prof. 50
$14.*2
Central of N. Y
50
Susquehanna
50
Harlem, N. Y
50
Manhattan, N. Y... 50
MISCELLANEOUS
Metropolitan, N.Y.100
BONDS.
Amer’n 8S.Co.(Pliil.)—
Municipal
100
Mutual of N. Y... .100
6s, R. C., 1896..A&O 108*2 HO
New York, N.Y
Balt. Gas Light 6s
100
N. Orleans G. L. ..100
Canton (Balt.)—
N. Liberties, Phila..25
£ 6s. g., 1904. ..J&J 106
110
Mort. Os,g.,1904 J&J 106
Washington, Pliila..20
Un. RR.,lst, end.,6s. 119
Portland, Me., G. L.50
50
St.
Louis G. L
do 2d,end. 6s,g.M&N 102
Colorado Coal & Iron—
Laclede, St. Louis. 100 100

St. L.

70

Troy C. & W (F.R.) 500
Union C.ML (F.R.) 100!
Union Mfg.(Md.».
Wanipanoag(F.R.)100

Min’g.loj

Lawrence, Mass... 100

Equitable Rl. Es. mort.

Ask.

'

l6o1

! 5
jCent.Arizona Min.lOOi
{Clinton Coal & Iron.10 ’*62
6(i %
%
(Colorado Coal & r. 100
41
41
89*2 [Consol.Goal of Md. 100
20
121
; Hibernia
IjCumberl’d Coal & 1.100
8
9
ITmhlarid Chief
137*2!; Dead wood Mining
2
Horn Silver

Jamai ea Pl’n.Mass 16o

50

83% TlK)mdikf-(Mass.)I000 950
iTremontJ:S./Mass) 100 475

Fai mere’ Loan & Tr.25
|Wasliingt’n(Mass.)100i
Weed Sew. M’e (Ct.)25
viercantile
1001
Wcctaraoe (F. R.)l00
N. Y. Guar. & Ind.lOOj 1 30
N.Y. Life* Trust..100 385
Willim’tic Linen(Ct)25
7o
York Co. (Me.)
Beal Estate Trust. 100
.750j
COAL & MfiSCEL.'
Union
100 200'
WINING
STOCKS.
United States
100! 415
A uierican Coal..... 251
GAS STOCKS.
Balt. Consul. Gas
58*6 58*6 Big Mountain Coal.lOl
Boston Gaslight...500 x790 *795
(Buck Mount’ll Coal.50
! Butler Coal
25'
East Boston
25
28*2' 29
!Caribou Con.
South Boston
100

Brookline, Mass... 100
Cambridge, Mass.. 100
Chelsea, Mass
100
Dorchester, Mass. .100

103

HO

1915
Tecuiuseh (F. K.). 100 130

88*2

50
100

1120 (Caledonia B. H
100
100
100
California
1100 (Curb. Hill
10
149
Ueutenuial
410
(Cherokee
10
61
j Chrysolite
50
145
idiollar
100
115
Climax
10
150
Consol. Imperial .. 100
1325
Consol. North Slope...
HO
(Consol. Pacific
100
1000 (Consol. Virginia...100
176
(Copper Knob
1

Falls(N.II.)300;X400
Saudw.Glass(Mass.)80i 58

Slade (Fall Riv.).. 100
Stafford (FallRiv.) 100
Stark Mills (N.H.)IOOO

131
80

Buldomingo

(Bullion.,...

(Newmarket
x525
j Bulwer
Pacific (Mass.).. .1000 x2600 2650 Calaveras.../

Shove) (Fall Riv.). 100

....100

Brooklyn Trust

Lehigh Navigation—
6s, reg., 1884
Q-J
RR. 6s, reg., ’97.Q-F

Bid.

Miscellaneous.

122
80
550

Naumkeag (Mass.) 100 xl20
(Mass.)375| 76 v

N. E. Glass

Salmon

!American Union ..100
110
110

Ask.

IPepperell (Me.)
500.1115
(Rich. Bord’n(F.R-) 100
98
iRobeson (F. Riv.) 1000 1025:
4658 Sagamore (F. Riv.) 100; 145

TELEGRAPH

..J&J

N.Y&TexLd,im

100

United States

Delaware & Hudson78,1891
J&J
lst ext., 1891..M&N
7s, 1884
J&J
Coup. 7s. 1891.A&O
Reg. 7s, 1894 ..A&O
1st Pa.D.cp.,7s,M&S
do
reg. 7s,M&S
James Riv. & Kan.—
1st mort., 6s.\ .M&N
2d mort., 6s.. .M&N

do

....100

| American

Division-

Bid.

Miscellaneous.

_

| EXPRESS ST’CKS

I Adams

Albermarle & Clies.—
1st, 7s, 1009
J&J
Chesap. & Delaware—
1st mort., 6s, ’86 J&J
Chesapeake & Ohio—
68,1870
Q.-J

Quotations.

_
__

CANAL BONDS.

Ask.

Bid.

Miscellaneous.

Ask.

Bid.

Canal Stocks.

QUOTATIONS OF STOCKS AND BONDS—Continu'Ud.

Explanations See Notes at Head of First Page of

For

Delaware

21

THE CHRONICLE

2, 1S81.]

.

.

1*60

*4*2 j Franklin

6 34
•16

•08

'**•50

Mechanics’
Merchants’
National Exch’ge.

-

130

7*2

100
9*2
*34*2
10
11*2
100 133

*06 (German American....
1
•13 (Howard
30
1-70 (Marino

*

*30

12 hi

100 117

People’s
25 20
7
(Second National ..100 .150
Third National... .100 405
82*2
75
1*101 Union
•09

Western

§ Qiotatloa per share.

....20i

28

21

83%

22

THE CHRONICLE.

[Yol. xxxiu.

trolled by

the St. Louis roads, and hence our statistics show
cars out of the total number of 140,128—
the balance having been handled locally at our depots. The
AND
total amount of through tonnage is, of course, larger, because
'*'
much freight, especially package merchandise, is billed to St.
STATE, CITV AND CORPORATION FINANCES.
Louis, handled at our depot, and by us rebilled again to points
The Investors’ Supplement contains a complete exhibit of th e
beyond; but for purposes of statistics that kind of freight can
Funded Debt of States and Cities and of the Stocks and Bonds only be classed as local. Much of the through freight, especi¬
of "Railroads and other Companies. It is published on the last ally grain, had to be carried at reduced rates, averaging one
cent per hundred pounds; but, nevertheless, the average
Saturday of every other month—viz., February, April, June,
gross toll realized per car was $4 25, an increase of 29^ cents
August, October and December, and is furnished without extra per car over last year’s average.
charge to all regular subscribers of the Chronicle. Single copies
Income Account 1880-’81.

Iwixestwjeuts

sold at $2 per copy.

are

only 24,136 through

St. Loii is

'•

ANNUAL

REPORTS.

St; Louis Bridge Company & Tunnel B. R. of St. Louis.

(For the fiscal

6781

$5,000,000

$3,945,000

mouths’interest, to April 1, 1881,
mortgage bouds

ou

3,945 1st

$138,075

.

Commission

1,380— 139,455

ou same

Net income for the year 18S0-’81
Add amount to credit on March 31, 1880......

$124,005
189,672

-

Total amount to credit of income account on
March 31, 1831 (for uet earnings from March

17, 1879, to March 31, 1881)

$313,677

Tunnel Railroad

Amount to credit of income account

of St. Louis.
on March 31,

1880
One-sixth of $312,333; this being the total amount
of all net earnings in L880-S1
$52,055
Interest on money deposited in New York
552—

2—April 15, 1880—2U>

per

cent

$1,250,000 stock

$31,250 '
31,250

;

625—

on same

Total amount to credit of income account on
March 31, 1881 (for net earnings from Feb. 1,

1879, to March 31, 1881.).

$5,000,000

The balance will be, and partly already has been, availed
of to take up and pay all outstanding indebtedness for the

$63,125
$33,072

GENERAL INVESTMENT

u

52,608

on

$1,250,000stock...

226,500

$43,589

Deduct.

■

Dividend No.

Commissions

$4,773,500

Balanoe

Six

Dividend No. 3—October 15, 1880—2^ per cent on

414,000
270,500
144,000

Payment of J. 8. Morgan & Co.’s debt
Reorganization expenses

$260,277
3,183

Deduct.

ending March 31,1881.)
In the annual report just issued, Mr. Solon Humphreys, the
President, says nothing of the recent reported transfer of the
control of this property to the Wabam and the Missouri
Pacific.
He remarks: “ Since my last report the com¬
mittee of reorganization in London have settled their final
accounts with Messrs. J. S. Morgan & Co., and other credi¬
tors whose debts had to be assumed under the purchase.
Messrs. J. S. Morgan & Co.’s debt, originally against receiver’s
certificates, was reduced by payments out of earnings to $270,533, which was discharged in first mortgage bonds, according
to the terms of the bonaholders’ agreement. The other expenses
of the reorganization on both sides have been covered by the
gale of $144,000 bonds, leaving $226,500 available for capital
purposes, as follows:
year

Amount of mortgage
Reserved against old first mortgage
Reserved against funded coupons

Bridge Go.

Five-sixths of $312,333; this being the total amount
of all uet earnings in 1880-’81
Interest on money deposited in New York

NEWS.

Adirondack.—Judge Bockes, at Saratoga, June 28, confirmed
prior liens which formed part of the cost of the Bridge prop¬ the report of J. L. Barbour, referee, in the suit to foreclose the
erty, the real estate which is now controlled by us and the cost mortgage on the Adirondack Railway. The amount due is
of completing the system of new construction of the Bridge
$9,763,666. The sale is to take place September 15 at Saratoga.
and the ventilation of the Tunnel, and to add to our equip¬
There are included with the road about 700,000 acres of land in
a sufficient way to transact the business in a
satisfactory
and economic manner.”

ment in

•OMPARATIVE STATEMENT OP EARNINGS AND
THE THREE YEARS ENDING ON MARCH

FOR

EXPENSES

31, 1879, 1880

AND

Darnings.
1879.

1880.

$163,511
731,621
33,807
4,305
2,564

$828,303

$935,810

.

OF

1881.

rence,

Warren, Essex, Franklin, St. Law¬
Herkimer and Saratoga.

Alabama New Orleans Texas & Pacific Junction.—In
London there were offered debentures, £1,000,000; preferred or

“A” shares, £1,500,000; total, £2,500,000 (the preferred shares
being entitled to preference in capital, and a cumulative pref¬
$191,789 erential dividend of 6
per cent over the “B” shares); and
885,999
Each subscriber for the
48,809 £2,500,000 deferred, or “B” shares.
5,779 preferred or “A” shares will receive one deferred or “B” share
6,249 for each
preferred share allotted. The prospectus says:
The Alabama Great Southern Railroad has always been
$1,138,627
regarded, from its geographical position, as the most import¬
ant link in the great through line which must eventually con¬
Tear end'g
nect, by the shortest route, the Atlantic cities of the United
Mch. 31,’81.
$45,756 States, not only with New Orleans in the Gulf of Mexico, but
489,076 also with the trans-Mississippi system of railroads which form
the Southern Pacific railway route.” This company has been
119,216
68,956 formed to effect these objects by acquiring the possession of,
8,333 or control over, the following railways:
1881.

Tolls upper roadway
$155,305
Tolls lower roadw’y and tunnel. 642,544
Switch’g and other term’l items8
25,761
Pool deficiencies
1,652
Rents
.
^ 3,039
.

EACH

the counties of Hamilton,

“

.

Expienses.
Tear end'g
Mch. 31, ’79.

$44,262

.

.

Other expenses—

Railway rentals

.

Pool deficiencies

372,253

$38,863
374,356

157,549

102,529

37,244

31,902

19,851

5,749
28,435

.

Interest, &c
Construction, equipment, &c...
.

.

Tear end'g
Mch, 31, ’80.

$566,899

140,706

$542,972

$826,293

ABSTRACT OF ABOVE TABLE, SHOWING THE PERCENTAGES OF EXPENSES
TO GROSS EARNINGS FOR EACH YEAR.
'

-For year

eliding

Mch. 31, ’79..1 mis.
Percent.

Tot. gross earn’s.$828,303
Total operating
uxps. and taxes. 372,253
Net earnings
&

Amts.

Per cent.

$935,810
44*94

..$456,050

374,356

Anils.

Per cent.

$1,138,627
40*00

$561,453

Non-oper’g
new

For year ending <—For year ending
Mch. 31, ’80.—T
Mch. 31, ’81.

489,076

42*95

$649,550

Net eam’gs
excess

of

expenses

23*50

168,616

18 02

337,217

29*62

.

.

(II.) Vicksburg Shreveport & Pacific, 189 miles long :
(a) 20 miles from the Texas State line (terminus of the Texas Pacific),
to Shreveport, already in operation, and leased to the Texas
Pacific till January 1,1885;
(b) 96 miles Shreveport to Monroe, which have to be constructed;
(c) 73 miles, Monroe to Delta (opposite Vicksburg) on the Missis¬
sippi. Already in operation, but gauge to be changed from 5
feet 6 inches to the standard gauge of 4 feet 8*2 inches.
This line has a land grant of 400,000 acres.
(III./ Vicksburg & Meridian, 140 miles in length, in operation, but re¬
quiring some outlay for improvements, for which the Vicksburg &
Meridian Company has available resources which are believed to toe

sufficient.

in

The cash

all

$261,404

$392,837

$312,333

Gi'os8

Net

Loaded

Pcssen-

eamings.

earnings.

gers.

448,446
655,054
690,604
800,889
898,697

$164,335

freight cars.
16,364
45,027

$287,527

None.
219,777

79,782

219,598
261,404
392,837
453,039

81,227
105,129

121,203
140,128

resources

of this company

Debentures (as required)
Preferred shares now issued

PROGRESSION OF EARNINGS AND TRAFFIC.

1880........
1881

tion of this line.

Total 189 miles.

exps.,
construc’n

equipment.. 194,645

(I.) New Orleans & Northeastern (Meridian to New Orleans), abput
length, the whole of whioh has to be constructed. Steps
are being taken to secure a land grant in connection with the construc¬
200 miles in

None.
496,886
604,483
6«7,294
719,178
1,014,978
1,083,892

will be

:
£1,000,000
1,500,000

£2,500,090
Or say
$12,500,000
The total amount required for the purchase of the interests
in the several lines, and to provide the estimated outlay
on them is about
11,500,000

Surplus
Net earnings

-

of $2,000

$1,000,000

mile per annum on the entire
system,
when
completed,
will
sufficient to provide for tho
be
The report states that the total number of loaded
paying interest on the debentures and the dividend on the preferred
freight cars which crossed the bridge during the year was shares, and leave a surplus. Messrs. Emile Erlanger & Co.
140,128, an increase of 18,925 over the corresponding period make over to this company the benefit of
the interests ac¬
©f last year.
The same competing elements to which atquired
by
them
in
the
three
above
-mentioned
lines in consider¬
tention was directed in the last annual report were in force
ation of the re-payment of their actual outlay, and of th#
during this fiscal year, to prevent our carrying an amount of deferred shares (issued credited as fully paid up), out of which
through freight proportionate to the amount which is con- they will make over to the subscribers for the preferred sharee




1,138,627

per

July 2,

1881.]

THE

*28

CHRONICLE.

deferred in respect of each preferred share allotted, thus twenty locomotives, the building of a transfer-house at each
junction, a round-house for the engines, &c.” * * *“Itnow
retaining for themselves, and the parties associated with them, looks as if Chicago is sure to have three belt roads instead of
two-fifths of such shares as the consideration to be received^by one—one headed by George Dunlap, another under the manage¬
them beyond re-payment of their actual outlay.
ment of Mr. Weston, which claims to have the backing of a syn¬
Atchison Topeka & Santa Pe—-Southern Pacific.—The
dicate of New York bankers to the amount of $10,000,000, and
Boston Transcript reports: “ The settlement of the Atchison
still another which the Western Indiana Company is now con¬
Topeka & Santa Fe Railroad Company with the Southern Pacific structing.”
is very important, and covers the following points :
Des Moines & Fort Dodge.—At the annual meeting of the
“First—The Atchison shall use the Southern Pacific line stockholders of the Des Moines & Fort Dodge Railroad, Chas.
from Doming to Benson, Arizona, and thence build south to
E. Whitehead, David E. Green and W. R. Sands were re-elected
connection with the Southern Pacific.
directors. A mortgage of $10,000 per mile was approved on
“Second—The Southern Pacific shall have 51 per cent of the the thirty-mile extension on the road northwest from Fort
through-rate traffic (it at one time demanded 67 per cent).
Dodge.
“Nothing was said about the Atchison’s building to San
Hartford & Connecticut Western.—At Hartford, June 30,
Francisco.”
the bondholders of the Connecticut Western Railroad held a
Boston Water Power.—A special meeting of the stock¬ meeting to take action toward completing a new organization
holders of the Boston Water Power Company was held in Bos¬ under the charter passed by the Legislature authorizing or¬
ton to consider the immediate pecuniary wants of the company
ganization as the Hartford* & Connecticut Western Railroad
and provide therefor by an increase of proprietary shares, or
Company, and converting the bonds into stock. James G. Batotherwise. The Boston Transcript reports :
terson was chosen Chairman.
Resolutions were presented pro¬
The President, Jarvis D. Braman, called the meeting to order
viding for organization on a capital of $1,920,000 and for a
soon after 11 o’clock, and, after reading the call and a commu¬
board of thirteen directors, which were passed substantially as
nication from the counsel of the trustees, explained the reason
presented. ■
.
for bringing the stockholders together. In 1871 1,700,000 feet
The following gentlemen were elected directors:—C. T.
of land were sold to the Huntington Avenue Associates at $1
Hillyer, T. M. Allyn, L. B. Merriam, John F. Jones and H. J.
per foot.
The city had previously selected a tract of 34,000 Barbour, of Hartford; W. L. Gilbert and George Dudley,
feet of this land for educational purposes, which it claimed the
of Winsted; Frederick Miles, William H. Barnum and Alexan¬
right to take at 50 cents a foot. The Water Power Company, der H. Holley, of Salisbury; Joseph Foy, of Simsbury; Lyman
however, guaranteed to protect the Huntington Avenue Asso¬
Dunning, of East Canaan ; E. T. Butler, of New York.
ciates against the city’s claim. In 1873 the Huntington Avenue
The resolutions passed provide for the scaling down of the
trustees brought suit against the Water Power Company, lay¬
bonds and the issue of $600 in stock for $1,000 in bonds, and
ing an attachment for $75,000 upon its property. The trustees $300 in stock for each $500 bond.
now offer to deed back the land for $1 25 a foot and remove its
Lake and Canal Rates in May.—The Buffalo Commercial
attachment. The meeting passed the following vote—58,950
Advertiser says:
shares voting—all in the affirmative : To increase the number
“Although the navigation season of 1881 was very late in
of proprietary shares, which are now 85,833, by adding one
opening,
and although the accumulations of grain and other
share for every ten shares now outstanding, to be offered to
freight
at
the West were large, the demand for lake and canal
the proprietors of shares pro rata to the number of shares now
held by them, as of record June 22, 1881, at $10 per share. In tonnage has not been as active as last year. . As a result, the
average freight by water was not as high during last month as
case any stockholder fail to take and pay to the Treasurer of
in May, 1880, as will be seen from the following statement,
the company $10 per share for his pro rata amount of .stock on
showing the average rate by lake on wheat and corn from Chi¬
or before the 27th day of July, 1881, the directors of the com¬
cago to Buffalo, and the average on the same«cereals from
pany shall by this vote be authorized to dispose of such pro
Buffalo to New York, by canal, for the month of May in, the
prietary shares at not less than $10 per share to any parties
years named:
,
Lake
Canal
*
subscribing therefor and paying for the same to the Treasurer
Wheat. Corn.
Corn.
Whei
Wheat.
of the company.”
Cents. Cents.
Cents.
©ne

“

.

/

,

Cents.

Tear.
4-8
53
Jersey—Pennsylvania.—A special dispatch 1881
4-2
4-7
5-5
60
4-3
5*0
from Philadelphia says : “ The contract for the use of the 1880
5 0
4-2
4'7
2-8
31
1879
3
Philadelphia & Erie, Allegheny Valley and New Jersey Central 1878
5-2
5-8
2*2
2-5
2
roads by the Wabash line has been agreed to, the Pennsylvania
5*0
5-8
29
3-5
1877
3
6-7
5*8
2-7
Railroad officials having been notified that the terms drawn up 1876
30
30
6«
7-4
37
3-9
by them are acceptable to all the interests. The papers are 1875
11-7
10-8
40
4-5
1874
4-5
10-6
11*8
prepared, and only await the signatures of Wabash and New 1873
65
7*4
1
11-8
12-8
-.7-4
8-0
Jersey Central officers.”
1872...
Chicago & Atlantic.—An issue of $6,500,000 six per cent
May opened with the rate on wheat by lake at five cents.
first mortgage gold bonds on this road is now offered by Messrs.
During the first half of the month an advance of half a cent
was soon lost, and by the 21st of the month
Kuhn, Loeb & Co., at 102?£. The prospectus states that “ the
line of the Chicago & Atlantic Railway, now in course of con¬
shipments were made as low as 4% cents. A more active
struction, has a length of 257 miles, extending from Marion, demand later, however, imparted considerable strength to the
Ohio, to Chicago, entrance into and superior terminal facilities market, and the month closed with shippers paying five cents
at Chicago having been already secured by a contract with the on wheat.
By canal, the season opened with the freight on
Chicago & Western Indiana Railroad Company, which contract wheat at six cents, and the month closed with the rate at five
is mortgaged to the bondholders, together with all the property cents, the lowest figures for the month.
What is needed to
of the Chicago & Atlantic Railway Company, including its full start grain for the seaboard in greater quantities is a more
equipment. This road is being constructed as a trunk line, active foreign demand.”
Tinder the supervision of Hugh J. Jewett, President New York
Long Island Railroad.—At a meeting of the stockholders
Lake Erie & Western Railroad Company, and for the express
of the Long Island Railroad Company, June 27, authority was
purpose of securing an independent Western outlet to the Erie
given to the directors to increase the capital stock of the com¬
system, which heretofore has been dependent for its Western pany from about $3,200,000 to $10,000,000. It is reported to.be
traffic upon the other lines running into Chicago from the East,
the purpose of the movement to sell sufficient stock to retire
controlled by rival corporations. The New York Lake Erie &
the Receiver’s indebtedness, about $1,000,000 and the second
Western Railroad reaches the Chicago & Atlantic Railway
mortgage bonds, of which about $1,000,000 are outstanding,
(which for its entire distance runs parallel with and about 18 and to take the company from the Receiver’s hands. Nothing
miles south of the Pittsburg Fort Wayne & Chicago Railroad)
has been decided at present beyond granting the directors dii»
over the New York Pennsylvania & Ohio Railroad from Sala¬
cretionary power to increase the share capital.
manca to Marion, and the three companies have made a per¬
Louisiana State Bonds.—A circular issued from the Bank
petual pro-rating contract, while the control of the Chicaero & of New York, National Banking Association, to holders of tho
Atlantic Company has been secured for an >extended period by
7 per cent consol bonds of the State of Louisiana says:
the New York Lake Erie & Western Railroad Company. The
The
from the consol.fhond of the State of Louisiana, due Jan.
latter agrees to provide all funds to complete the Chicago & 1,1880 coupon
(under terms of the debt ordinance adopted by the people of
Atlantic Railway required, over and above the proceeds of the the State) is remitted to the State, and any interest taxes collected to
present issue of bonds and the subscriptions to its capital stock, meet said coupon are transferred to defray the expenses of the Stats
The debt ordinance is held to be unconstitutional and suit
and the New York Lake Erie & Western Railroad Company Government.
has been brought (by bondholders) against the officers of the State to
further guarantees to the trustee of the bondholders the inter¬ recover the moneys to the credit of the interest fund to meet the coupon
est upon the bonds until the road is completed.
The interest is due January 1,1880, and also to test the validity of the bond. The re*
further secured by a pledge to the trustees of gross earnings of cent decision of the Supreme Court of Louisiana in awarding a man¬
damus to exchange or stamp bonds of 1874, under law of 1880, without
both the New York Lake Erie & Western Railroad and the New coupon due January 1, 1880, attached, is strong in favor of the views
York Pennsylvania & Ohio Railroad on all traffic going to and taken by counsel engaged in prosecuting suits brought against the
of the State by the Committee of Bondholders in the interest of
(Joining from the Chicago & Atlantic Railway Company, mak¬ officers
holders of the 7 per cent consol, bond who have entered their bonds in
ing this interest a first charge not only upon the net earnings said suit or suits. It holds that the courts have jurisdiction to control
of the latter road alone, but also upon the gross revenue re¬ the officers in respect to duties of precisely the same character to enforce
ceived out of business for and from all points on the New York which we are litigating.
Holders who are desirous of having their rights vindicated can enter
Lake Erie & Western Railroad and the New York Pennsylvania
their bonds in suit by depositing with this bank the sum of $5 for $1,000
& Ohio Railroad between Marion, Ohio, and the city of New bond for
defraying expenses in this litigation and other proceeding*
York. The entire annual interest upon this issue of bonds that may be brought against the officers
of the State.
“Charles M. Fry,President.*

Central of New

'

~

“

“

—

—

amounts to

$390,000.”
Chicago Belt & Transfer Company.—The Chicago Tribune
says : “ The Belt road organization, headed by* George L.
Dunlap, is reported to have just made a contract with P. B.
Sham way for the construction of the road, the purchase of




St

Louisville NetvAlbany &

Chicago.—The stockholders meet

July 10 to ratify the consolidation with the Indianapolis Delphi
Chicago Railroad. The terms of consolidation are share for
share ; $2,000,000 of3 stock willjbe issuedjby the new company

THE CHRONICLE.
to thoroughly equip the road. Of this amount, $450,000,
alent to a 15 per"cent scrip dividend, will be given to the
ville New Albany & Chicago stockholders.

equiv¬
Louis¬

Metropolitan—New York—Manhattan Elevated.—So far as
yet appears, the dividends due from the Manhattan Co. in July
on the two elevated railroad stocks will not be paid. Interest on
the mortgage bonds will be paid as usual. In the United States
Circuit Court this week, on motion of Corporation Counsel
Whitney and with the concurrence of General Swayne and Mr.
David Dudley Field, an order was issued by Judge Blatchford
modifying the preliminary injunction granted June 10 in the
suit of Robert M. Fairbairn and Francis E. Skelding, to restrain
the city of New York from collecting taxes from the Manhattan
Railway Company,
Ordered, That the preliminary injunction made herein upon the 10th
day of June, 1881. he modified by vacating the provisions of said order,

which restrained the collection and payment of the tax specially assessed
in the year 1880 upon the capital stock or personal property of the Man¬
hattan Railway Company, the principal of which tax amounts, as stated in
said bill, to $171,850, unless on or before June 30, 1881, the said Man¬
hattan Railway Company shall give a bond in such form and with such
sureties as shall he approved by this Court, guaranteeing the responsi¬

bility of the Manhattan Railway Company for the payment of the
said tax in the event that the bill of complaint herein shall not be sus¬

tained as to said tax, and to the extent that the same shall not be sus¬
tained. and guaranteeing the payment of the said tax in the event and to
the extent that the same shall not herein or in other legal proceedings
be finally adjudged invalid; or unless said Manhattan Railway Com¬
pany shall pay into Court or some trust company, to be approved by
this Court, the amount of said tax in the event aud to the extent that
the same shall be sustained; or unless the Metropolitan Elevated Rail¬
way Company aud the New York Elevated Railroad Company shall
enter into bonds in form to be approved by this Court, legally guaran¬

teeing the responsibility of the Manhattan Railway Company therefor,

each to the amount of one-half of said tax, and that the said order
etand in the respects in which it is not so modified and as so modified.

The hearing on the motion for a permanent injunction in
view of the above order was set down for July 26.
—On Thursday, June 30, the Manhattan Railway Company

,

-deposited the sum of $184,000 in cash in the United States
Trust Company as the amount of the tax due on the capital
stock, with interest, the deposit being made to await the result
of litigation now pending.
—Suit has been commenced in the Court of Common Pleas by
Mr. Frank M. Weller against the Manhattan Railway Company
and the Metropolitan Elevated Railroad, to prevent the pay¬
ment of any of the profits or income of the Metropolitan Com¬
pany to its stockholders. An order was obtained restraining
either of the companies from paying a dividend to the stock¬
holders of the Metropolitan Company. This order is made re¬
turnable July 6, and is obtained on a motion for an injunction.
The prelinary injunction was served on the Manhattan directors.
The Wo rid reports: A gentleman who, while not in the Man¬
hattan directory, is interested and knows all that is done, said:
“I am at liberty, I think, to tell a little. The Manhattan di¬
rectors had within reach yesterday money enough to pay the
interest on the bonded debt and dividends on the stock ; and
they would have been paid when due but for the interposition
of the Weller injunction. It is returnable on the 6th, and
eventually I think matters will come out all right if we are left
alone.”
Mr. Field, of the N. Y. Elevated, issued

[VOL. XXX ID.

1'lxe dTonmxcrcial

.

jinxes.

COMVlERUiAL epitome.
Friday Night, July 1,1881.
The

approach of the national holiday usually limits trans¬

actions in merchandise

to the most

urgent necessities, and

deprives the markets of much of the significance which gener¬
ally pertains to them. Business is consequently slow, and
prices for many staples are more or less nominal. There is,
rowever, a confident feeling in mercantile circles, and a brisk
movement is anticipated at- an early day. Tho Produce Ex¬
change adjourned this evening to Tuesday morning.
Provisions have latterly shown an improvement, which has
3een mainly the result of
speculative efforts. The export and
consumptive demands at the moment are moderate. To-day old
mess pork on the spot was
quoted at $16 50 a $16 62%; new mess
quoted at $17; July options at $17; August sold at $17@$17 05;
September, $17 10 bid. Bacon has ruled firm at 8%@dc. for long
clear. Lard was again higher and firm, with prime Western on
the spot sold at ll*67%c., closing at ll*70c.; July options, 11*67/2
@ll*70c., closing at ll*75c.; August, ll*60@ll*65c.; September,
;.l*30(9)11 *35c.; October, ll*20@ll*25c.; November, 10*80c.; seller
year, 10*50c.j refined to the Continent, ll*70c.
Tallow firm at
6%c. for prime.
Stearine has been forced up to 17 Me. on a
short” interest, but at the close 14c. was the
quoted price.
Butter steady, but cheese lower at 9@9%c for good to
choice
State factory.
Rio coffee has been very quiet at the
quotations of last
week; mild grades have sold rather slowly at unchanged quo¬
tations ; Maracaibo hasj been an exception to the
general dulness, the sales within a week aggregating 6,000 bags. Rice has
>een in fair demand and
steady. Tea has brought steady prices
Yoth at the auctions and on the street. Spices have been more
active, especially pepper, which has also advanced materi¬
ally, Singapore now being quoted at 17Mc. Molasses has been
quiet, and refining stock has fallen to 36c for 50-deg. test, with
35%c. now the highest bid ; the grocery grades have been for
the most part nominal for some days. Raw sugar has
been
very dull, and the protracted slowness of trade is at length be¬
ginning to be felt, though there is no quotable change in prices
in the absence of transactions. Still, the tone now is
depressed,
and to effect sales of any magnitude a decided concession would
be necessary. The nominal quotations for fair to good
refining
“

remain at 7%@8c.
Hhds.

Boxes.

Bag 8.

Melado.

Receipts in June
1.247
84,597
167,6L2
1,360
call for a special Sales
in June..
47,647
1,206
136,376
1,353
meeting of the directors of that company to be held on Friday.
And it was reported that in case of default in dividends, in
Refined sugar has been quiet of late, and was lower, at 10%c.
whole or in part, by the Manhattan Company, suit will be in¬ for
powdered, crushed and cut loaf, 10Mc. for granulated and
stantly begun to regain possessiDn of the road, on the ground
that there is to-day no lease in existence, that it has been for¬ 9%c. for standard soft white “ A;” but to-day there was an ad*
feited by the failure to pay the taxes, a clause of the lease pro¬ vance of %c. in hard grades.
,
■
viding that if the Manhattan Company is in default for a period
Kentucky tobacco still has but a' slow movement, and sales
of three months in the matter either of taxes or dividends, the for the week are
only 450 hhds., of which 325 for export and

lease shall be considered

r

a

thereby annulled.

125 for home

Missouri Pacific in Nebraska.—In Omaha, Nebraska, June
28, a meeting of the stockholders of the Missouri Pacific Railroad of Nebraska was held. The following directors were
elected:

Jay Gould and Russell Sage, of New York ; A. A. TalT. J. Porter and F. B. Drake, of St. Louis; John F.
Webster and J. E. House, of Omaha. The board elected the
following officers: A. A. Talmage President, T. J. Porter
Vice-President and F. B. Drake Secretary and Treasurer.
New York West Shore & Buffalo.—The Boston
Transcript
reports: “For the New York West Shore & Buffalo Railroad
Company’s bonds a subscription was offered to private individ¬
uals last week, and the whole amount ($15,000,000) was taken
mage,

„

once.
Seven millions additional&ave since been offered to
the company, but it has not decided to accept such a sum.

at

r

The subscription, together with the cash in hand and
available

'

the other

subscriptions, makes an aggregate amount of over
$35,000,000 for building this trunk line. The bonds bear 5 per
cent interest, and were taken at par; ten
per cent is payable
July 1. The work of construction is going forward rapidly;
the rights of way between New York
andjSyracuse are substan¬
tially obtained, and the location is fixed upon for even a greater

distance.”

-

—The New York Herald said: “To the loan of $i5,000,000
offered by the New York West Shore & Buffalo Railroad over
$22,000,000 were subscribed, so that $7,000,000 had to be excluded. They are first mortgage five

fifty

gold bonds, running
thousand dollar bone

per cent

years.

The subscription to each

one

carries with it $500 in stock of the West Shore. The
company
lias now $34,500,000 for
building the road from Hoboken to
Buffalo. Friends of Messrs. Woreislioeffer, Villard, Pullman anc
Porter claim that on a conservative minimum estimate of onefourth the business of the New York Central, the new road wil
earn from the start seven
per cent on its stock.”




_

•

consumption. Prices are without important vari¬
ation; lugs at 4%@6c. and leaf at 6%@12c. Seed leaf continues to
move quite
freely, especially the crop of 1880, and sales for the
week are 2,975 cases, as follows : 1,900 cases 1880 crop, Pennsyl¬
vania assorted, at from 10@18c.; 375 cases 1879 crop, Pennsyl¬
vania assorted, at froml6@22%c.; 400 cases 1880 crop, Wiscon¬
sin Havana seed, 14@16c.; 200 cases 1880 crop, New England
seconds, 10@12c.; and 100 cases 1879 crop, State flats, private
terms. Spanish tobacco remains without animation ; sales, 500
bales Havana fillers, 87c. @$1 18.
Naval stores have latterly been quiet, but rosins have ruled
firm at $2@$2 07% for strained to good strained.
Spirits turpetine to-day was forced down to 42c., at which price the
speculative clique again secured the controlling interest.
Petroleum for export was lower, and more active at the close at
8c. for refined in bbls.
Crude certificates were firmer at 78%c.
bid. Ingot copper shows a further decline, and elosed at 16% c.
for Lake Superior.
In steel rails a moderate business for 1882
delivery is going on at $56.
American and Scotch pig irons
have latterly been more active and firm.
Hops are firm, and
wool continues in demand at full prices.
Ocean freights have been fairly taken, and stronger rates
have been in order.

The supply of tonnage is moderate. To¬
taken , to Liverpool by steamer at 4d.; bacon,
l‘2s. 0d.; cheese, 20s.* cotton,„ll-64@3-16d.; flour, I0@lls. 3d.;
grain to London by steam, 5@5%@5Md.; bacon, 20s., and
cheese, 25s.; grain to Hull by steam, 5M@5%d.; do. to Cork
for orders, 4s. 7%d. per quarter; refined petroleum to Trieste,
4s.; naphtha to Bremen, 3s. 9d.; grain to east coast of Ireland,
4s, Id.; do. to Warsaw, 5s. l%d.; naphtha from Philadelphia

day grain

to Sables

was

d’Olorme, 4s.

THE

1881.]

July 2,

CHRONICLE.

COTTON.
Friday. P. M.. July 1, 1881.

r

evening (July 1), the total receipts have reached 20,662
l.r.;
010
U„ 1
no

.

AnLf

In addition to above
exports, our
the following amounts of cotton
the ports named. We add similar

telegrams to-night also give
shipboard, not cleared, at
figures for New York, which
special use by Messrs. Carey, Yale &

us

The Movement op the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending

this

25

prepared for our
Lambert, 60 Beaver Street.

are

no

On

July

receipts
4 842 134 bales for the same period of 1879-80, showing
gince September 1, 1880, of 842,549 bales.

1, at—

_

Sat.

Receipts at—

New Orleans...

Tues.

8L7

Wed.

Thurs.

554

306

Fri.

246

Total.

223

2,310

32

32

....

....

1,383

865

262

1,263

590

5;909

65

190

14

52

29

183

538

....

....

•

....

Savannah
Brunsw’k, &c.
Charleston

—..

-

....

123

....

....

....

91
—

23

105
....

93

....

....

....

316

290

6 £3

....

....

•

....

....

ports the destination of which

quite variable.

133

303

and condition for the

3,346
1,201

New York

113

11

Boston

567

671

221

253

129

19

Baltimore

211

111

306

500

100

150

Pliiladelp’a, &c.

35

135

90

235

Totals this week

3,868

4,378

3.056

July 1.

This

Since

242

371

-

....

1,860
1,373

we

82,703
6,345
3,581
6,207
22,050

445

500

2,800
6,263
*3,900
4.000

145.699
36,544

1,9 49

50.822

303,224

500 bales at presses for
cannot learn.
are

foreign

The speculation in futures at this market has been
quite fever¬
ish in tone during the week under
review, and prices have been

63

1,201

125
700

3,959

70
■

3,100

9,714

230

....

30,309

34,670

Included in this amount there

2

787

62 4

1,000

3,844

Leavir tr
Stock.

Total.

None.

None.
None".

28

....

2,474
None.
None.
None.
85
4 00

....

....

Foreign

7.900
None.
None.
None.

None.
None.

New York

204

956

Coast¬
wise.

2,100
4,339
3,000
2,500

Other ports
Tofal

Other

France.

320

....

507

....

3,456

Shipboard, not cleared—for

19,311
3.100

147

....

....

New Orleans......
Mobile
Cnarleston
Savannah
Salves ton

*

340

....

84

....

•

33

....

....

•

....

215

147

....

•

....

179

....

Wilmington ....
Moreli’d C.,&c
Norfolk
City Point, Ac.

-

566
262

Royal, &c.

-

....

Great
Britain.

..

..

an increase

1,041

Mobile
Florida

Pt.

Mon.

■-

164

Galveston
Indiauola, <fcc.

on

On Saturday, the Chronicle’s report of
acreage
growing crop caused depression. On Mon¬
vigorous movement for a rise, which carried up

day there wa3 a
prices. It had its origin at New Orleans, where the advance was
more decided and the
speculation more excited than with us.
Still, some who were short of the market showed much uneasi¬

and made haste to cover their contracts. On Tuesday,
the
opening
was buoyant and the top prices for the active months
2,519
3,439
3,402 20,662
were 9@12
points above the closing bids on Saturday. But as
For comparison, we give the following table
showing the week’s^ New Orleans did not sustain her own movement,
our market
total receipts, the total since Sept. 1,1880, and the stocks
to-night Closed lower.
On Wednesday the course of
prices turned on the
and the same items for the corresponding periods of last year.
final deliveries for June and the notices for
on July
contracts. These two months declined, but Julydelivery
1880-81.
1879-80.
Stock.
recovered when
Receipts to
it

2,310
32

658,739
15,210

5,909

1,554,835

538

381,063

1,456

859,094

Indianola, &c..
New Orleans
Mobile

Florida

Brunswick, &e.

4,855

....

Charleston

95a

Port

Royal, <fcc.
Wilmington
M’head City,&c

616,103

,

49,972

....

230

3,346
1,201

City Point, &c.
New York

703,218

1,860
1,378

Baltimore

Philadelphia, &c.

942

Total

20,662 5,684,633

Since Sep.

1881.

1880.

17,623
48,633

269

5,773

7,941

5,245
12,538

17,057 4,342,134 354.046 265.720

In order that

comparison may be made with other years,
give below the totals at leading ports for six seasons.
Receipts at—

1831.

Galvest’u.&c.
New Orleans.
Mobile

'

Savannah....
Chari’s t’n, «fcc
Wilm’gt’n, &c

.

Norfolk, &.c..
All others....

Tot.this w’k.

1880.

1879.

1878.

1877.

we

1876.

2,342
5,909

1,065
4,315

737

722

231

342

1,007

2,973

392

241

1,293
618

1,117

533

120

550

1,456
956

878

232

1,303

986

828

746

64

197

901

390

363

50

137

143

169

259

4,547
4,551

2,023

209

427

.1,220

877

7,538

1,007

1,241

1,358

2,442

3,637

5,949

6,102

8,661

20,662

17,057

Since Sept. 1. 5634,683 4842,134
4424,5 4o[4243,264 3944,758 4064,770
Galveston includes Indiauola; Charleston includes Port
<tec.;
Wilmington includes Morehead City, &c.; Norfolk includes CityKoyal,
Point. &c.

The exports for the week

ending this evenifig reach a total
of 27,523
bales, of which 20,546 were to Great Britain, 565 to
France and 6,412 to rest of the
Continent, while the stocks as
made up this
evening are now 354,046 bales. Below are the
Week Ending July 1.
Exported to—

Exports

From

from—
Great
Brit'n•

Galveston
New Orleans..
Mobile
Florida

France

Total

Great

nent.

Week.

Britain.

3,440

622

4,062

6.JJ7?

3,801

10,168

......

Baltimore
,

Total 1370.80

Includes

July 1.

sSat,

Ordin’y.^flb

71316

Good/Ord..

Strict Ord..

Str. G’d Ord

994

197,908
198.428

505

455
•

•

•

•

•

450

3,031

750

3,031

20,510

565

2),06 7

2,8 0

Conti¬
nent.

8j16

734
8*4

73i
8*4

91.4
9%

93, 6

93,6

9ll16

107,930
467,S00
351,951 1,534,484
7,419
112,729

37,866

269,914

01,910

215,793

1,444
2,850

11,222

312,240
373,094

33,754

104,013

108,239
103,207
05,391

2

505,778
470,131
09,812
325,012
513,801
108,211

20,918

138.185

102

05,493

9,922

27,533 2,069,808 530,50? 1,111.186 4,317,512

5,99

33,953 2,480,341 101,57.
Ac

Sat,

840,80

■

3,082,777

TEXAS.

Mon Tuea

S*16
8**10

8

8

8%

8%

99,6

9 *-3

Sat.

8*16
8**16
99io

9*2

9**16 16116 10
10%
1013,6 10%

Mon. Toes

10

8

8

8%

8%

9*2

9*2

10*16 10
Low/Mid I’g 107,« 1038
10%
1013,6 10%
Str./L’w Mid 101316 10%
1034
11*8
11*16 11*10 11*8
11*16
il
Middling... 11*10 11
11 %
115,6 11*4
115,6 11*4
Good Mid.. 115*
119, 0 11914 1 178
11*3,6 1113,6 11 78
ih»ig
StrrG’d Mid 1178
11*3,(3 ll*3io 12*8
121,6 12*i« 12*8
Mid<\’g Fair 12^ 129ifl 129,6 l27s 12*3,6 12*3,6 12% 121,6
12*3,6
Fair.^s
133s
i3°ie 13^16 1 3%
139n 18916 13%
13916

Ordm’y.^5)

Strict Ord..
Good Ord..

Wed

Til.

Frt.

734

734
8*4

734
8*4

9316
9**10

93,6

8*4
93 ia

Str. G’d Ord 911ig
9**18
Low Midd’g 10%
10%
10%
Str. L’w Mid 1034
10W10 10131G
Middling... 1L
11*10 11*16
Good Mid.. 119lfi 11°16 U916
Str. G’d Mid 11*3,0 11*3,6 i
113iG

Midd’g Fail
Fair

135,0

129l6
16Jie

1

16

13<>,6

STAINED.
Good Ordinary..
Strict Good Ordinary
Low Middling
*.

lb

Middling

Wed

Tit.

Fri.

8

8

8%
9*3

8*2

8
8*2

97,«
9*5,6

97,6
9*5,6

10

103.4

*>-» O ClCL)

10%

11*18

11*10 11*.6
11*10 1 l°i6
11*316 11*3,6 U*3l6
121,6 121,6 12*16
12*3,6 12131G 12l3lt
11*4

Wed

9

9*2

97,8
915,0

CLOSED.

Ex-

11*10

10%

11*16

*1*16
115,6
1113,(5
12l16
1213,6
139,6

1

1*4

i
12j
230

751 i

G10’

91* ^

Wed
Quiet and steady
Thurs St’dy at rev. quo.
.

Fri.

.

Total

Quiet and stoady

11°16

11*3,6
121,6
1213,6
133,0

9

9

103,0

11*3,6
121,6
1213,6
13910
Th.

Fri.

7%
8%

7%
83a
9

9

105,0

328
253.

425! 1,304

342]

435

l,61o!

3,987

10° ,6

SALES.

Spec- Ti'an)
Total.
port, j sump. ul'Vn sit.

Mon
Dull at i,6 dec..
Tues. Quiet and steady

9i°ie

10%

FUTURES.

Con-

Sat.. Dull and easier..

g7i*

10%

8ALES OF SPOT ANI) TRANSIT.
SPOT MARKET

Fri.
8

7%
8%

105,0

1213,

13913

8*2

10

7%
8%

1O%0

U*3i3
121,66

S

Mon Tues Wed

7%
8%

11*4

8*2

Sat.

77,0
87,0
9*16

1034

11*13

8%

139,6

13%o

Tit.

10

8

139,6

10%

Total

6,41V

exports from Port Royal




2,820
3,110
2,5.38

NEW ORLEANS.

Moil Tue*

MARKET AND
France

303.803 51,123
859,751 319,782
80,536 24,774

57,140
......

300

Fhiladelp’a.&c
Total

094

2,620
2,090
2,588

Boston

pLands.

June 25 to

.

•Charleston*...
Wilmington...
New York

Sept. 1.1830. to July 1,1831.
Exported to—

Conti-

Savannah ..!..
Norfolk

learned that the notices did not

freely, but,

“1‘“

210,234
170,104
170,866
49,187
73,302

371

Boston

ness,

......

117,107
30,385

133

Norfolk

942

come upon the market
in the language of the floor, were “ stopped,” and
Week.
1, 1879.
the next crop was strengthened
by reports of drought in Texas.
Yesterday
tne market opened flat, but gradually gained strength,
1,053 461,375 28,318
4,833 in
sympathy with Liverpool.
12
To-day there was not much
7,732
4,315 1,472*022 113,107 76,599 change, but some strength was imparted by a demand to cover
contracts.
Cotton on the spot has been
392
351,370
9,445
moderately active.
6,676
Prices were reduced lrl6c. on Monday.
20,141
Yesterday quotations were
5,086
revised; the medium* grades of uplands were advanced l-16c.,
878
721,367
9,007
6,393 and the low and
medium grades of Gulfs were reduced 1-16®
3,631
t-day the market was quiet and steady, at 11 l-16c. for mid746
448,003
4,026
2,371
ng uplands.
The Cotton Exchange this evening adjourned to
49
30,622
idnesday
morning.
34
70,024
1,103
1,037
’he total sales for forward delivery
for the week are 234,400
1G
26,952
For immediate delivery the total sales foot
up this week
1,825
570,691 10,252 14,031
including 1,619 for export, 3,987 for consumption,
198
153,849
Ration and V— in transit. Of the above, 450 bales
2,704
210,577 149,599 124,410 were to arrive.
The folfewdng are the official
quotations and
4,345
221,517 10,340 11,537 sales for ?acn
day
of/tne pas!
270

This

20.359

Savannah

87

was

Sep.
1,1880.

Week.

Galveston

3G0

328
265
981

55
30

...

85

...

....

The daily d diveries given ;tbovo aim aeca itiy
vious to that on which they are reported.

300

1,581
1,759

46,500

200

40.900

100

777

51,700

100

5,691 2^4.400

1.000

■

....

41,800
45,900

IOO
200

...

...

Deliv¬
eries.

57,600

....

«...

Sales.

delivered

cue

day

pre¬

The Sales and Pricr3 of Futures are shown
by the follow*
ing comprehensive table. In this statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales:

*

(Tol. XXXIII.

CHRONICLE.

THE

26

Stook at Havre
Btook at Marseilles
Stook at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stook at Antwerp

Stook at other

-.

—

42,200
5,540
*

oontl'ntal ports.

Total continental
Total European

1,430
11,200

379,170

ports....

Stock in United

States ports

Stock in U. S. interior
United States exports
3

1

1

!

i

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66

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66®

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10*15 1,80

10*17 5,80

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10*3-

10*9® 13 10*6- 710*09

99

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M

M M

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d

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2.

the

seven

towns m the

684.870

686.570

556,400

491,500

week:

pd. to exch. 100 Sept, for July.
pd. to excli. 100 July for Aug.
pd. to exch. 1,500 July for Aug.
pd. to excli. 100 July for Aug.

as

made

by cable and
are the figures

up

telegraph, is as follows. The Continental stocks
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (July 1), we add the item of exports
from the United States, including in it the exports of Friday only:
bales.

otal Great, Britain stuck

1881.

1880.

1879.

1878

882,000

768,000
54,500

*42,500

622 000

800 000
1F750

?22,5CO

664,500

811.750

19.700

93 ’

65ied.

615i6d.

6^d.

63ied.

increase in the cotton

preceding table

East Indian, Brazil, die.—
Liverpool stock

1880.

514,000

Continental stocks
India afloat for Europe........
Egypt, Brazil, Ac., afloat

1878.

627,000
340,000
126,000
158,838
19,675

320,000

173,000
11.750
55.750
239,000

4,000

12,000

556.400

491,500

147,000
42,500
42,000

254,000
49,700
54,500
132,170
84,070
267,000 274,000
32,000
20,000

684.870
686,570
.1,590,334 1,233,916

Total East India, Ac..
Total American

1879.

475,000
183,000
82,000
178,289
22,388

940,677 1,271,513

204,000

London stock

.

940,677 1,271,513

2.275,204 1,920,486 1,497,077

into Continental ports

1,763,013

403
38
171
233

569
19

3,432
206

18,673
6,073

40,090

1,094

5,316

39,244

654

1,876
570

839
315
38
86
18

2,127

10
8
284
105
9
14

40
15
310
166
16
11
2
143

JO

5*2

Memphis, Tenn..
Nashville, Tenn.

5,323

146

350

2,591
15,020
5,658

Total, old ports..

2,033

7,845

Dallas, Texas. ..
Jefferson, Tex.*.

344
7

506
187
1

87

Eufaula, Ala....
Griffin, Ga
Atlanta, Ga
RomcrGa
Charlotte, N. C..

10
206
72
270

St. Louis, Mo
Cincinnati, O....

314
297
351
177

.

•

•

.

'

3,723
2,139

*

1,144

2
40
67

167

7,479
275
150

1,741
2,194

5,898
3,367

7,399
6,959

Total, new ports

5,625

11,700

29,298

Total, nil

7.658

19,545

09.988

figures estimated.

'

744
408

113
270

litis year's

5,890
3,562
1,310
>•
2,904

833

71
12
44
75

1,167

Shreveport, La..
Vicksburg, Miss.
Columbus, Miss..

Stock.

304

8,033
3,166

1,033

Columbus, Ga...
Macon, Ga

ending July *2, ’80.

Receij)ts. Shipm’ts

Stock.

239
202
21
195
63

Augusta, Ga

Week

July 1, ’81.

Receipts. Shipm'ts

Selma, Ala

exchanges have been made during the

931,100 1,263,401

247,000 135,000
American afloat to Europe
236,000 236,000
United States stock,
354,046 265,813
United States interior stocks..
69,988
75,103
United States exports to-day..
5,300
8,000
Total American
1,590,334 1,233,916

;

10*96.




12,000

bales 678,000

Liverpool stock....
Continental stocks

621,400; Sept.-Oct. for

Short Notices

-

4,000

1881.

American—

Montgom’ry.Ala.

Btockat Liverpool
Stock at London

20,000

statement:

Sept.-Dee. for Decem¬
ber, 1,464,500; Sept.-Jan. for January, 2,583,900; Sept.-Feb. for Feb¬
ruary 2,372,700; Sept.-Marcli for March, 3,466,100; Sept.-April for

The following

320,000

32,000

Week ending

^03 pd. to exch. 1,300 July for Aug. *23
*06
*02 pd. to exch. 100 June'for Aug.
*08
*38 pd. to exch. 1,000 Dec. for Meh
•07
*05 pd. to exch. 100 July for Aug.
*28 pd. to exch. 100 Sept, for July.
The Visible Supply of Cotton,

173,000

147,000
42,500
4*2,900

a

I I
*
Includes sales in September for September,
Oct., 946,500; Sept.-Nov. for November, 762,100

*-..<*

031,100 1,263,401

this week have been
These figures indicate an increase in the cotton in sight to¬
night of 354,718 bales as compared with the same date of 1880, an
increase of 778,127 bales as compared with the corresponding
date of 1879 and an increase of 512,191 bales as compared with
1878.
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 1880—is set out in detail in the following

i

M

.

475,000 627,000
183,000 340,000
82,000 126,000
173,289 158.838
12,811 11,563

we

ftW The imports
5i;400 bales.

w

1 ©:

M M CC

,

11,750
55.J50
239,000

figures indicate an

Total visible supply

9 |
w 1
to

d

I I

<v
O'

M

§

no

m te-

■

I I

w

'

M

CO

1 ©:

©,

§
S

►w

i

o

1 ©

1 ©6*

C

*

©

OO

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|

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w.cb
t

b

M

oo

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3

9|1

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1 ©

11,563

in sight
the same date of 1880,
with 1879 and an in¬
crease of 491,005 bales as compared with 1878.
,
In the preceding visible supply table we have heretofore only
included the interior stocks at the seven original interior towns.
As
did not have the record of the new interior towns for the
/our years, we could not make a comparison in any other way.
That difficulty no longer exists, and we therefore make the fol¬
lowing comparison, which includes the stocks at the nineteen
towns given weekly in onr table of interior stocks instead of only
the ola seven towns. We shall continue this double statement for
time, bnt finally” shall simply substitute the nineteen towns for

M

M

178,289
12,811

126,000
12.000
158,S38

132,170
267,000

Upl., Liverpool..

The above

b

-J

-

to-night of 361,279 bales as compared with
an increase of 758,406 bales as compared

b

9|1

MM

M
CO

Price Mid.

1

-jo

500

*

82,000
4,000

.2,245.906 1,884,6*27 1,487,500 1.754,901

g

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6m©

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b

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600

MM©

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• ©

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05-J

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1*

10* 7®

1,0 0

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10,500

890,400 1,207,500
239,000
320,000

.1,561,036 1,198,057

.

*■+

9 |

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S'

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o

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QC QO

10*10 1, 0

M

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1 ,90

10* 7®

10* ®

CQ

M

66

3

66©

66©

10*5— 16 10*5— 16 10*- 1
10* 9®
10*25®
10*8- 19 1,30 10*24- 6©10*26
10*27— 9 1,00

C3

21,60

08
M

10* 5®

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270,3 0

18—0*19 L0*27 4,50
10*7—10 107® *147,10

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a

47,250
52,750

54.500
84,070
274,000

.

B

99©

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395,750

254,000

204,000
49,700

.

g?

©Oo

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1 ©to

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1 ©OS
M M qo

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Indian,Brazil, die

,

m

M M cn

225,900

.1,561,036 1,198,057
East

London stock.

QDQD

219,070

135,000
236,000
265,813
39,244
8,000

354.046
40,690
5,300

stocks..
to-day..

.

coco

26,000

514,000

236,000

CO

OO

M

o

66

7,500

8,000

247,000

.

M M

M M

03

66®

6,500

20,700

5,300

678,000

CO©

-100

06—1*07 1 *0717,0

*7®

1•

66®

M

00®

mm

£

66®

M M

66

d

M M

© M ©

MM©
MM©

United States stock
United States interior
United States exports

s

| S)M

1 ©©

1 ©®
MM^

a co

M

M M

so

M

i ©r

1 ©®
M

too*

3,000

2,245,906 1,884,627 1,487,500 1,754,901
other descriptions are as follows;

Liverpool stock
Continental stocks
American afloat for Europe

MM

7.000

totals of American and

American—

MM©
MM©

MM

cc©

OO

OM

Of the above, the

36,000
7,000

400

40,690

to-day..

Total visible supply

&

Mm

M

387,30

M

M

MMk>

736,0

•

i :

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1 ©00

6

MM

OO

M®

*»

OQD

M

MM

oo

MO

MM

to

i

i

m m

1 ©r*

1 ©:

1 ©:
i

i

i

1

1

i

i

..

ports...

37.000

40,500
1,000

236,000
20.000
265,813
39,244

32.000
354,046

Egypt,Brazil,Ac. ,aflt for E’Fpe

202,750

27,500

267,000

236,000

106,750
2,250

2,800
40,900
16,400
2,550
1,320

stocks.. ..1 ,310,870 1,041,570
274,000

India cotton afloat for Europe.
Amer’n cotton afloat for Eur’pe

1878.

1879.

1880.
80,300
5,300
48,800

1881.

202,000
4,000
54,900
5,300
52,600

195
962

1,849

|

*

3*2
402

832

68

1,047
82
166

1,203
871

7,400

1,855

293

2,115 -18,495
4,309
^2,110

3,545

5,392

4.939

10.798

35,859
75 ;

03

July

THE CHRONICLE.

%, 1881.]

The above totals show that the old interior stocks have de¬
creased during the week 5,812 bales, and are to-night 1,446
bales more than at the same period last year. The receipts at
the same towns have been 939 bales more than the same week
last year.
Receipts

the Plantations.—The
following table is
purpose of indicating the actual movement each

from

prepared for the
week from the

plantations. Receipts at the outports are some¬
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
like the following. In reply to frequent inquiries we will add
that these figures, of course, do not‘include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the out-ports.
times

RECEIPTS FROM PLANTATIONS.
Week

Receipts at the Ports.

ending—
Apr. 15
23
it

May
•*

It

It

/

'

1879.

40.1S7

3'.910

60.579

238.550 237,401
220,930 218,800
204,154 204,211
180,058 193,949
170,157 175,316
51,429 101.457 158,248
42.198 143,241 132,471

0,461
1,471

2,9$3

4.518

4,065
2,2 !0

1,022
8,493

18,022

802

10,988

8,775

1880.

1881.

01,960
87,294
78,902
71,546
59,249

36,714

60.718

30,858

47,729

6

19,031
19,897

25,601

45,535

24.636

49,150

10.673

26,514

17.113
11,089

23.764
23.674

42,415
30,85 i

32,042

6.6i 2

18,580

29.432

37.570 130,635 123,342
32,429 115,038 98,428

17

7.188

19,870

28.218

29,306

90,190

24

6,293

23,511

23,476

81,172

1

3,637

17,057

20,662

25,223
22.388

....

27....

t

1881.

22.283

June 3
44

1880.

36,183

20

10

Rec’pts from Plant’m.

1879.

29.
13

4*

Stock at Interior Ports

....

88,232
81,875
60,988

1879.

1880.

1881.

25,148
31,511
13,951

24.071
19,094
14,076

54.101

33,080

11,615

8,165

35,273

7,000
8,853
7,882

14,135

30,517

11,812

25,347

42,177

5,550 11,074
11,068 23,513

27

Montgomery, Alabama

— We have had rain on four
days the ‘
the rest of the week has been pleasant but hot.
The rainfall reached one inch and
fifty-one hundredths. Wa
have had delightful showers this week, and the indications
are
that they extended over a wide surface ; but some sections
are
suffering for want of rain. The crop is developing
promisingly,
and later crop accounts are more favorable. Present
prospects
excellent. Average thermometer 87, highest 105 and lowest 71.
Rainfall for the month of June three inches and four hundredths.
Selma, Alabama.—It has rained on two days the past week,
the rainfall reaching one inch and fifteen hundredths.
The
crop is developing promisingly, and the plant looks strong and
healthy. Average thermometer 86.
Madison, Florida.—It has rained on three days the past
week. The fields are clear of weeds, and the plant looks
strong
and healthy. The thermometer has
ranged from 75 to 85, aver¬
aging 80.
Macon, Georgia.—We have had warm, sultry, wet weather
during the past week, but not enough rain to ao much good.
The thermometer has averaged 82.
Columbus, Georgia.—It has rained on two days the past
week, the rainfall reaching one inch and eighteen hundredths.
The cotton plant looks strong and healthy. The thermometer
has ranged from 75 to 94, averaging 86.
During the month of
June the rainfall reached three inches and
eighty-one hun¬

past week,

ana

dredths.

Savannah, Georgia.—We have had rain
past week, with

on

two

days the

rainfall of but seven ‘hundredths of an inch.
The weather is hot. The thermometer has
averaged 83, ranging
a

from 70 to 99.

17.119

Augusta, Georgia.—We have had heavy general rain on five
days
the past week, the rainfall reaching one inch and ten hun¬
The above statement shows—
dredths. The rain of the past week has been
beneficial to
1. That the total receipts from the plantations since
Sept. 1 in crops. Accounts are good, and a large yield isvery
promised. Aver¬
1880-81 were 5,696,746 bales; in 1879-80 were 4,909,936 bales; in
age thermometer 82, highest 99 ana lowest 70. The rainfall
1878-79 were 4,441,276 bales.
during the month of June reached two inches and eleven hun¬
2. That, although the receipts at the
out-ports the past week dredths.
were 20,662 bales, the actual movement from
plantations was
Charleston, South Carolina.—It has been showery on three
only 8,775 bales, the balance being taken from the stocks at the days the past week, with a rainfall of
seventy-five- hundredths
interior ports. Last year the receipts from the
plantations for of an inch. The thermometer has averaged S3,
ranging from
the same week were i0,988 bales and for 1879
they were 802 73 to 96.
bales.
The following statement we have also received
by telegraph,
Weather Retorts by Telegraph.—The weather the
past week showing the height of the rivers at the points named at 3 o’clock
has in general been very favorable for the development of cot- June 30, 1881, and
July 1, 1880.
ton, except the drought in the Southwest. In Texas
June, 30/81.
July 1./80.
they are
Feet. Inch.
Feet. Inch.
needing rain very badly.
New OrleaDi
Below high-water mark
4
5
8
8
Galveston, Texas.—The weather has been warm and dry all Memphis
Above low-water mark... 21
2
20
6
the past week. Much damage
Nashville
Above
low-water,
mark...
5
4
2
has been done by drought
10
Above low-water mark... 14
5
13
10
throughout the State. The corn crop is nearly ruined. Cotton Shreveport
Vicksburg
Above
low-water mark... 31
G
25
0
is suffering, especially uplands and
sandy lands, but bottoms are
New Orleans reported below high-water mark of 1871 until
holding out very well. Average thermometer 87, highest 94 and
lowest 82. There was no rain during the month
Sept. 9, 1874, when the zero of gauge was changed to high-water
of June.
Indianola, Texas.—There has been no rain during the past mark of April 15 and 16, 1874, which is 6-10tns of a foot above
week. Corn crop is nearly burnt up. Cotton is
suffering. The 1871, or 16 feet above low-water mark at that point,'
thermometer has ranged from 76 to 96,
averaging 86. No rain¬
Overland Movement for June.—We give in our editorial
fall during the month of June.
Corsicana, Texas. —1The weather has been warm and dry all columns to-day our overland movement up to July 1. This is the
the past week. The crops need rain badly.
Average thermo¬ last statement we shall issue this season, until the issue of our
meter 88, highest 100 and lowest 76.
There was no rain during
the month of June.
crop report September 1.
Dallas, Texas. -The weather has been warm and dry during
Crop of Each State.—In our acreage report last week, w©
the oast week. Rain is needed
dreadfully.
The corn crop will
'V
be short. The thermometer has
averaged 88, ranging from 76 published the following table to indicate the cotton crop of each
to 100.
We had no rain during the month of June.
State from 1869-70 to 1879-80. Through carelessness in proof¬
Brenham, Texas.—We have had no rain during the past
reading, the figures for Georgia in 1876-77 were incorrect as
week. Cotton is suffering dreadfully on
uplands. Corn crop is printed, and we therefore
give the table to-day revised.
nearly past redemption. The thermometer has ranged from 76
PRODUCTION OF EACH STATE FOR YEARS NAMED (00:>3 Omitted).
to 98, averaging 86. - No rain
during the month of June.
Waco, Texas.—We have had no rain during the past week.
Corn is almost ruined, and cotton is
suffering except in bottoms.
States.
Average thermometer 86, highest 100 and lowest 76. During the
July

75 103

i

..

>

-

month of June

we

had

no

-

1870- . 187-9. 187-8. 1876- . 1875-0. 1874-5. 1873-4. 1872-3. 187-2. 1870-1. 1860-7.

rain.

390
340
370
200
340
290
273
So. Cur.
265
173
275
145
New Orleans, Louisiana.—It ha3 rained on six
days the past
320
523
470
390
350
365
385
350
230
348
205
week, the rainfall reaching seventy-three hundredths of an inch. So. Car..
814
750
080
520
595
000
559
600
Georgia.
453
000
474
The thermometer has averaged 88.
55
50
45
60
00
Florida..
50
55
55
00
40
40
Shreveport,.Louisiana.—Telegram not received.
550
Albania
700
606
595
615
575
555
600
645
455
430
Vicksburg, Mississippi.—Telegram not received.
Mtgs
956
805
600
775
700
630
050
780
565
560
405
Columbus, Mississippi.—We have had rain on one day the L’siana
507
400
410
445
420
385
340
505
4g0
346
351
ast week, the rainfall
801
764
090
405
610
680
475
550
505
280
851
reaching one inch and forty-one hun- Texas
redths. Average thermometer 88, highest 96 and lowest 82. Ark’ns’s
607
490
566
435
520
474
590
410
390
280
243
Rainfall for the month of June, three inches and
Tenn...
200
331
290
300
200
235
265
200
280
162
210
seventy-two
49
80
00
20
20
50
70
20
30
10
3
/Others
hundredths.
\
Little Rock, Arkansas.—The past week has
Total.. *5,757 5,074 4,811 4,485 4,669 3,833 4,170! 8,930 2,974 4.352 +3,155
been clear on
three days, fair omjtwo days with showers, and two
days
cloudy
24,000 bales added to this total to make It equal the commercial crop, the
with rain. The
census total being at present 5,730,988 bales.
Tne later completed statement
r^infaHreachm two inches and thirty-six hun¬ will
undoubtedly make up this difference.
dredths. Average theraiqpaster 78, highest 92 and lowest 65.
+ 141,000 bales added to this total to make it equal the commercial crop, the
■

.

...

^

!

.,

*

.

Last week it

was

cloudy on/three days, with light showers, and

the remainder of the week

was

clear.

aged 84, and ranged from 65 to 94.

The thermometer

aver¬

For the month of June the
rainfall reached 6 inches and seventeen hundredths,
and it
rained on ten days. The thermometer
ranged from 62 to
94, and averaged 78.
• ‘
Nashville, Tennessee.—It has rained on two days the past
week, the rainfall reaching sixty-six hundredths of an inch.
Average thermometer 80, highest 98 and lowest 62.

Mobile, Alabama.—It has rained on six
days the past week,
the rainfall
reaching one inch and twenty-nine hundredths.
The crop is
developing promisingly. The fields are generally
clear of weeds ana
grass. Average thermometer 83, highest 97

jnd
lowest 71. During the month of
four inches and




census total

June the rainfall reached
eighty-five hundredths,

in

,

..

being only 3,011,906 bales.

Jute Butts, Bagging, Etc.—There has not been any activity
a large way, but for small lots the demand has continued

good, and in the aggregate a considerable amount of stock has
been taken. Prices are unchanged, and sellers are still quoting
9^c. for 1% lbs., 10%c. for 2 lbs. and 11c. for standard grades.
Butts are steady, and a few small sales are reported, about
1,500 bales having been placed, for which full figures were
paid. Sellers are steady as to price, and are quoting
for paper quality and 3@3 l-16c. for bagging grades.
^

Comparative Port Receipts and Daily
A
as

Crop Movement.—*

comparison of the port movement by weeks is not accurate*
the weeks in different years do not end on the same day of the

month,

We have

consequently added to

our

other standing

'LHE CHRONICLE.
daily and monthly statement, that the reader may
e>nstantly have before him tne data for seeing the exact relative
fables

a

CALCUTTA. MADRAS. TUTICORIN. CARWAR. RANGOON AND KUREAOHBS.

Year.

iiaee September 1 has been as

Great

Conti¬

Britain.

nent.
«

Tear

Monthly
Mcccipts.

458,478
968,318
Jtovemb’r 1,006,501

Aept'mb’r

October..

<

©eoemb’r 1,020,802

January

571,701

.

572,728
476,582
294,216
190,034
131,871

February.
Starch...

April
lUy
June

333,643
888,493
942,272
956,464
647,140
447,919
261,913
158,025
110,006
88,453

283,848
699,264
779,237
893,664
618,727
566,82 4
303,935
167,459
84,299
29,472

,

1875.

1876.

1877.

1878.

1879.

.1880.

Beginning September 1.

98,491
578,533
822,493
900,119
689,610

236,868
675,260
901,392
787,769

472,054

449,686

340,325
197,965
96,314
42,142

182,937

169,077

610,316
740,1 L6

72,000
93,000

Total. *

nent.

•

8.000

5,000

13,000

183,000

9,000
25,000

6,000
1,000

15.000

151,000
61.000

26,000

255,000
244,000
111,000

50.000

For the past few weeks we have omitted from the above table
(Calcutta, Madras, &e.,) this year’s weekly figures, as we found there
were inaoouracies in them as cabled to us.
We are, however, making
new arrangements, under which we hope not only to prevent errors, but

The above totals for this week show that the movement from
the ports other than Bombay is
bales
than for the
same week last year.
For the whole of India, therefore, the total

69.939

36,030

42,23 4

100,194

1877.

1878.

Conti¬

also to greatly improve this feature of our

for the different years.
1879.

1878

Great
Britain.

821,177

This statement shows that up to June 33 the receipts at the
ports this year were 843.953 bales more than in 1879-80 and
M59.532 bales more than at the same time in 1878-79
By adding
"to the above totals to Jane 30 the daily receipts since that time,
vre shall be able to reach an exact comparison of the movement

1880.

1881...
1880
1879

Total.

637,067
479,80L
300,123
163,593
92,609

500.690

Fatal year 5,631,281 4,837,328 4,421,749 4,238,246 3,939,755 4,056.109
Perc’tage of tot. port
96*79
97 52
97 56
99*42
96*71
l&oniDtA June 30..

1881.

Shipments since January 1.

Shipments this week.

named. The movement each month
follows:

movement for the years

(vol. xxxin.

1876.

Tot.My31 5,549,410 4,748,873 4,392,277 4,196,104 3.903.7*25 4,013,875
8.
1,962
2,269
1,351
2,694
Junel....
5,376
*
8.
2,034
2....
2,002
1,254
3,731
3,905
«
8.
1,578
2,044
2,359
3....
3,249
6,351
«
8.
2,821
2,39t
4....
1,836
4,569
5,812
«
2.309
2,714
5....
S.
1,044
1,24c
2,316
«
8.
1,110
1,812
6...
1,537
1,701
4,790
«
833
7....
1,247
1,925
6,129
5,049
2,109
*
8.
1,531
8....
2,691
1,401
1,312
3,306
“
8.
1,186
9....
1,528
2,913
1,748
4,381
"
8.
954
10...
2,013
2,686
1,209
4,984
8."
1,142
*•11....
3,59?
1,584
1,862
3,793
«*
875
8.
12....
3,484
3,061
2,149
1,920
“
8.
1,543
13....
1,060
1,170
6,754
1,385
•*
724
640
14....
1,021
4,037
5,719
2,192
«*
8.
719
15....
2,350
1,121
3,741
1,505
«
CG2
8.
1.58G
1,136
16....
2,914
3,260
**
8.
784
2,587
17....
1,773
2,279
4,95!
«
8.
4,462
1,186
1,075
18...
1,360
2,709
**
419
1,837
8.
3,107
19...
3,573
1,581
*‘
8.
1.210
1,614
20
2,037
.1)3 s ty
4,597
M
607
S69
4,602
3,794
1,165
21....
2,786
**
8.
3,111
84(5
3,793
3,102
1,599
22
*
8.
90 i
3,719
2,004
4,004
1,126
23
«*
515
8.
2,417
1,367
24
1,543
4,583
«
8.
986
6.089
1,431
1,463
25
3,SOS
•*
194
2,947
719
8.
26
1,114
2,38?
8.
722
537
27
4,378
2,603
2,034
“
506
3.975
28...
3,056
1,542
188
2,337
«*
8.
931
3,101
29
1,312
2,519
1,490

report.

shipments this week and since January 1, 1881, and for the corrasponding weeks and periods of the two previous years, are as
follows.
EXPORTS TO EUROPE FROM ALL INDIA.

all Europe

week.

Since
Jan. 1.

This
week.

12.000

708,000

7,000
13,000

This

from—

Bombay
All other

p’rta.

Total

703,000

12,000

1879.

1880.

1881.

Shipments
to

Since

This

Jan. 1.

week.

769,000

26,000

255,000

15,000

530,000
244,000

20,000 1.024,000

41,000

774,000

This last statement affords a very interesting comparison
total movement for the week ending June 30, and for the

...

...

...

of the
three

to date, at all India ports.

years up

Alexandria Receipts and Shipments.—Through arrangements
we have made with Messrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the receipts

Alexandria, Egypt,

1880.

1881.

June 30.

Receipts (cantars*)—

To Continent

1.000

3,204.000

2,763,000
This
week.

*

Total Europe
A oantar is 98 lbs.

week

1979.

2.000

This week....
Since Sept. 1

Exports (bales)—
To Liverpool

coi responding

week and for the

and shipments for the past
of the previous two years.

This
week.

Since

Sept. 1.

1,662,000

Since

Sept. 1.

3,000 239,500
139,632

500 289.780
232 172,959

3,000 379,132

732

•

...

Since
Jan. 1.

This statement shows that the
Jane 30 were 2,000 cantars and
were 3,000 bales

i

462,739'

This
week.

Sept. 1.

1,000

168,000
77,500

Since

1,000 245,500

receipts for the week ending
the shipments to all Europe

Manchester Market.—Oar report received from Manchester

to-night states that prices for twists are slightly improved, and
the market is inactive.
We give the prices of to-day below, and
leave previous weeks’ prices for comparison:
3

...

1880.

1881.

...

CotVn

-

...

8*4 lbs.

32* Cop.
Twist.

,

32s

Mid.

Shirtings.

1 wist.

Up ds

CotVn

8*4 lbs.

Cop.

Mid.

Shirtings.

Uplds

...

™

30

*
...

21,292

658

2,228

8.

Apr 29
Tat. Jn. 30 5,681.281 4,337.323 4,421,749 4,233,246 3,939,755

3,402

July 1....

343

1,901

9 48

4,056,109

8.

1,073

May 6
“

13

“

20

“

5,634,633 4,839,232 4,422,092 4,239,194 3,939,755 4,057,182

Total

Percentage of total
poet reo’uta July
*

A correction

1

98*75

99 43

97-53

97*56

90*30

of previous receipts of 17,833 bales added.

This statement shows that the

RECEIPTS AND. SHIPMENTS FOR

Shipments this week.
Teai

Great

BriVn

1881 '4,000
I860 5,i>O0

Conti¬
nent

Total.

since

FOUR YK\K"t

Shipments shirr Jan
Great
Britain

Conti¬
nent.

8,0»K) 12,000 243.000 465.000

7.000 335.000 134.000
1879 lo.ooo 16,000 26.000 23a.OOO 29 .000
1878
4,» 00 13,000 17.000 2G0,00o 362,000
2.000

Total.

Receipts.
This
Week.

Since
Jan. 1

703.00(» 18,000 1,067,000
769,00c 15.003 1,006,000
530.00*: 13,000
840,000
622,(KK 12.003
823,000

According to the foregoing, Bombay appears

to show an
increase compared with last year in the week’s receipts of 3,000
bales, and an increase in shipments of 5,000 bales, and the
shipments since January 1 show a decrease of 61.000 bales.




6

G
6
6
6
6
6

6
6
6

8.
d.
5*2 ®7
5*2 ®7
5 *2® 7
5kj®7
5 *2® 7
5*2 ®7
0*2 ®7
5 *2 ® 7
5 Lj ® 7
5 Lj ® 7

d

8*3
8*2
8*5
8*2
8*2
8*2
8*2
8*2
8*2
8*2

d.

d

d.

8.

d.

s.

d.

d.

515ip 10*8 ®103i 6 10*2 ®7 10*3
9 ®7 9
® 10*2 6
57e
9*2
9*2
9 *2
9*2
9*2
9*2

5%
570

5*516
6*16
631G
6310
63,6
63ia

9
9

® 10*4 6

7*2 ®7

®10*4 6
® 10 *4 6
® 10*4 6
® 10*4 6
® 10*4 6
® 934 6
-® 934 |6

9

®7

7*2
9

7*2®7
7*2®7
7 *2 a)7
7 *2® 7

7*2
7*2
7*2
7*3

4*2®7

6
6

4*2 ® 7

6*316
67s
6**16
6*316

6**16
65s

6*316
6*316
6%

of Cotton from New,York this week show a
compared with last week, the total reaching 3,110
bales, against 5,233 bales last week
Below we give our usual
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 September 1, 1883, and in the last column
the total for the same period of the previous year:

The Exports

decrease,

as

Exports of Cotton (bales) from New

Week

Exported to—

York since Sept. 1, 1880.
Same

ending-

prem’ua

Sept. 1.

year.

period

June
15.

June

8,103

5.142

4,022

59!)

1,000

2,090 352.078 415,331
21,016 28,500

8,702

6,142

4,022

2,030 373,001

443,931

Havre

500

552

633

565

35,265
1,489

32,308

Total French

500

552

633

565

36,754

32,308

950

350
375
10

509
69

455

50
51

35,882
19,497
39,319

36,115
18,975

North. Europe

1,031

733

578

98,698

79,335

Spain, Op’rto, Gibralt’r,«fci‘

1,000

3,570
1,745

5,262
3,406

5,315

3,668

June

»■,
Liverpool
Total to Great Britain

22.

June
29.

Total
since.

.

correction, 44,oo0 bales.

The movement at Calcutta, Madras, Tuticorin,
the same week and years has been as follows.

s.

*

The receiptH for tne week ending June 2. In 1881, wore 89,000 bales,
instead or l i.OoO bales, as given in Chronicle of June 4; we add this
as

8^8® 9 *2
858® 9*2
3*8® 01*2
8^8®’ 9 H?
S5**® 9M>
8*4 ® y*2
87s® 9 *<2
878® 9*2
878 ® 9*2
878® 938

Other British ports

*

week,

27
Juno 3
“
10
“
17
“
24

July 1

Sept. 1 up to
to-night are now 845,451 bales more than they were to the same
dav of the month in 1880 and 1,2(52,59 L bales more than they were
to the same day of the month in 1879. We add to the* table
the percentages of total port receipts which had been received to
July 1 in each of the years named.
India Cotton Movement from all Ports.—The figures which
are now collected for us, and forwarded by cable each Friday, of
the shipments from Calcutta, Madras, Tuticorin, Car war, &c.,
enable ns, in connection with oar previously-received report from
Bombay, to furnish our readers with a full and complete India
We rirst give the Bombay statement
movement for each week.
for the week and year, bringing the figures down to June 30.
HOUK.W

receipts

d.

d.

934

1,026

Carwar, &c., for

Bremen and Hanover

....

Hamburg
Other ports
Total

to

'

All other
Total Spain, &c
Grand Total

1,000
11,253

7,429

5.233

455

24,245

3,110 513.861 564.142

THE CHRONICLE.

2, 1881. J

July

3.275.

Shipping* News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached

782. Misouri,

80,252! bales.
So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday

night of this week:

2,090
565
455

Archer,

2,342

4,293

To Bremen, per bark Hampton Court, 3,467
To Reval, per bark Salcha, 920
Baltimore-To Liverpool, per steamers Venezuelan, 539

3,467
920

,

1,621

steamer Hokenzollern, 381

381

Boston—To Liverpool, per steamers Bavarian, 851..

Malta,

538

2,171

Philadelphia—To Liverpool, per steamer Ohio, 532

532

Total

30,252

particulars of these shipa.’^ats, arranged in

form,

are as

our usua

follows:

Liver-

Bre-

pool. Havre.
565
2,090
7,834 2,577

New York
N. Orleans
Charleston
Texas
Baltimore

m

m

m

m

455

1,836

*

3,467

1,621

381

Pliiladeip’a

1,510
8,630
2,002

920

2,171

£S

532

18.541

give all

Total.
3,110
12.247

1,510

••••-•

2,171

Total

Reval. Genoa.

men.

4,293

Boston

Below

3,142

532

4,303

2,430

1,836

30,252

received to date of disasters to vessels
carrying cotton from United States ports, etc.:
we

news

Enoch Train.—Ship, before reported. The cargo of cotton of ship Enoch
Train, for Liverpool from New Orleans, at Havana in
distress, was
to be taken forward to destination by Spanish steamers
Enrique
and Guillermo. The Enoch Train was repairing at Havana June
18.

Cotton freights the past week have been as follows:
Satur.

Mon.

Tues.

Liverpool, steam d. 1J64® *4 1154® *4
Do
sail...c?. *32®732 632®73S
Havre, steam
c.
1S32*
1S32*
Do

sail

Bremen,

c.

....

....

....

....

....

....

....

Hamburg, steam, d.

*8®^

*8®*2

*8® *2

sail...rf.

Amst’d’m,
Do

Baltic,
Do

Thurs.

*8®^

....

Fri.

4c

*8® *2

Do

Wednes.

1164®14 1*64® *4 il64'3>14 1164®14
532®73a *32®>732 *32 ®733 6S2®733
H
CO c*
1S32*
1*22*
1332*

steam, .c.
sail
e.

Do

....

....

....

*8'®^

*8® *3

....

....

*B®

....

....

*8® *2

....

.

.

.

.

sail...d.
d.

sail

:c.

*3
....

....

*16
1964

*16
1964

....

*16

....

....

*16
™64

*16
1964

....

*16

19€4

Compressed.

Liverpool.—By cable from Liverpool,

have the following

we

statement of the week’s sales, stocks, &c.°, at that port:
June 10.
Bales of the week
bales.
Of which exporters took
Of which speculators took..
Sales American
Actual export

37,500
1,700
28.500

37.000

45,500

6,800
5,500

8.700

25,500
261,000

6,900
11,000
906.O00
693,000
63,000
51,000
235,000

38,000
215,000

149,000

133.000

105,000

904,000
684,000

.

week

heon

57,000
1,860

2,100

Forwarded

The tone

49,000

47.000

July 1.
54,< 00
1,940
3,300
44,000
3,400
6,800
882,000
678,000
53,000
46,500
192,000
92,000

2,900
9,000
888,000
677,000
52.000

as

follows:

Saturday Monday.

&po\
Mar. ei,
12:y» i. n

'

^
Mid. Upi’ch

Wedncs.

Tuesday.

E sier.but Mod.
no.

quotu-

inq. Mod. inq.
freely
freely
supplied.

o.y lower.

supplied.

6*i0

6*10

6^

C>4

Mid.On’us

Thursd'y.
Fair
demand

Steady.

freely met

0*16

0*16

6*4

0*16

0*4

Ga4

Friday
-

Quiet.

0*1G
6>4

r. M.

d.
59*
58T,St

Oot.-Nov
Dec.-Jan

6*1*
6I32

July-Aug
Sept.-Oct

6Tsa
.6118

6732 I July-Aug
6*18 I July

63i8
6*18

Aug.-Sept

6»sa

BRE

ADSTUFFS.
Friday, P. M.. July 1. 1881.

The flour market during the first half of the week
under
review was dull, drooping and unsettled, and some reductions
made in current quotations; but on

feeling
for

developed, and there

was

city-made brands.

wheat

not

are

Good

,

was a

a

from winter
meal have also
be reported. To¬

corn

favored

buyers, but no important decline can
day the market was fairly active and steady.
The wheat market was depressed early in the week.
advices

steadier

medium extras

Eye flour and

plenty.

Wednesday

notably large demand

Foreign

less favorable, crop accounts were
better, and
ocean freights advanced.
It is said that limits from the Conti¬
nent have been very
materially reduced, while letters from
Ohio speak of greatly-improved crop prospects. It
were

is, however,
anticipated that supplies for July will be comparatively small;
consequently the decline has, been more decided for August
and September than for early deliveries. Last
evening No. 2
Milwaukee spring sold at $1 23.
To-day the market was
weak, with No. 2 red winter selling at $1 23%@$1 24% for
August and $1 23% for September.
Indian corn has also declined sharply, under an increased dis^
position to realize on the part of speculative holders. The
weather reports have been more favorable to crop
prospects

in middle latitudes, but in nothern sections June has been much
too cool. Supplies at the West have been much more
liberal.
The market to-day rather favored buyers on the
spot, but No.
2 mixed closed at 56%c. for August and 57Mc. for

September.
Rye has been dull and closes flat.
The market for oats has
been somewhat depressed, but to-day was steadier, No. 2
graded being quoted at 44%@44%c. for white and 44@44%c.
for mixed, with No. 2 mixed selling at 43c. for
July and 37c. for
September.
The following are closing quotations:
Flour.

Orain.

No. 2

V bbl. $3 00 ® 3 60
Winter superfine
4 25® 4 50
Spring superfine
4 00® 4 30
Spring wheat extras.. 4 70® 5 10
do XX and XXX...
Wis. & Minn, rye mix.
Winter shipp’g extras.
do XX and XXX...
Patents

5 75® 6 00
4 80® 5 25

City shipping extras.

6 26® 6 50

5 25®

5 50®
6 5(>®

6 75

7 25
8 50

family brands
Soutli’n sliip’g extras.

G 25® 7 50
5 40® 6 00
5 35® 5 70

Rye flour, superfine..

Corn meal—

Western, &c
Brandywine,

2 90® 3 30
3 35® 3 40

Wheat—

Spring
8pring, No. 2

$1 05

®1 25
® i x-3
115
®1 32
1 27*4 ®1 28
1 17 ®1 28
58 ® 56*12

121

Red winter
Red winter, No. 2
White

Corn—West, mixed.
West. No. 2, new.
Western yellow..
Western white...
South, yell’w,new
South, white,new

Rye
Oats—Mixed
White

55

®
®

58

57

®

60

58
1 05
42

®

44*4

®

47

@
®

State, 4-rowed...
State, 2-rowed...
Peas—Can ’da. b. &f.
(From the “ New York Produce Exchange Weekly.”)

Receipts of flour and grain at Western lake
June 25, 1881:
Flour,
bbls.
(196 lbs.)

At—

Wheat,

Corn,

bush.

bush.
(56 lbs.)

(60 lbs.)

43,144

507.044

Milwaukee.

81.479

Toledo
Detroit
Cleveland..
9t. Louis...
Peoria
Duluth.

377

377,045
238,138
65,969
8,500
209,941
5,0u0
102,200

Chicago

... ....

7,010

1,833
32,367

®-...

and river D-»rt9

Oats,

Barley,

22,500

330,630
.

22,388
8,596
34,050

1,000

146.245

2,0«»0

156,300

17,100

Total
176,796 1 ,507,637 4 ,214,663 1,438.661
Same time ’80. 95.168
955,153 3.827.278
758,931

66,206
34.160

2,586
8,000

Rye,

bush.
bush.
bush.
(32 lbs.) (48 lbs.) (56 lbs.)
996,732 25.696 13.863
73.750 20,410
7.038

2,673.702

33,600
730.775
423,450

® 62
®1 03

43

Barley—Canada W.

for the week ending

56

55

..

1,916
2,250
25 067

35,482

Total receipts at same ports from Dec. 27 to June 25, inclu¬

Sales

Spec.<fc exp.

7,000
500

10,000
1,000

8,000

12,000

50 0

1,000

10,000
1.000

8,000
1,000

sive, tor

four years

(

Wheat

Quiet.

Steady.

Dull.

Quiet.

Film.

Flat.

The actual sales of futures at Liverpool for the same week are given
Delow. These sales are on the basis of Uplands, Low
Middling clause,
unless otherwise stated.
SATURDAY.

Delivery.

June

June-July
July*Aug

d.

\ Delivery.
6632 I Aug.-Sept
6^32 I Sept.-Oot
6532 I Oet.-Nov

d.
6*4

j

Delivery.
Nov.-Dee

d.
5S7&2

6i32 ! Dec.-Jan

527^

I

578

i

6532 I 8ept.-Oct
6*43)732 ] Oet.-Nov

6

I Nov Dec
Oct.-Nov

52732

5t*i*

Tuesday.

June

June-July
Riy-Aug




63la
6*i6

Aug.-Sept
Sept.-Oct

67S2®81G Oct.-Nov....

6®32

Nov.-Dee

6iie

Sept.-Oct

52932

Oet.-Nov

527a2
....6isa
,-578

1879.

2,766,521

3,182,925

2.832.815

bush.

22,912,800

23,300,883
74.5o6,726
15,091,196

3,850.877
836,651

2.484,926

30,093,372
45.361,699
13,968,315
2,326,945

1,102,0-50

1,546.856

23,985.777
44.904.384
12,267.562
2,818 582
1,994,465

102,033,764

116.485.816

93,300.187

90.870,770

52,378,731
22,104,705

Barley

Rye
Total grain

....

Comparative receipts (crop movement) at
August 1 to June 25, inclusive for four years:

Wheat

1878.

4,301691

Corn
Oats

Flour

57s

1880.

bbls.

same

ports from

1880-81

1879-80.

1878-79.

bbls.

7,973,821

5,936,272

5,917,481

bush.

76,109.643
113,165,639
43.234.210

81,596,891

86,192.138

115,1.47,256

85,135.094

28,514.451
10,317,670

29,928,127

3,924,766

4,503,193

24,679.120
9,297.442
3,871,282

239.581,034 215,527.219

190.292.8655

MONDAY.

July-Aug...
Aug.-Sept

:

1881.
Flour

Futures.
Market. (
5 p.m.

Delivery.

6».ja
6738

Friday.

July-Aug
Sept.-Oct

...

Market.
5

6*32 I July-Aug
52732 | 8ept.-Oot.
a

the

Liverpool market for spots and futures each day of the
ending July l, and the daily dosing prices of spot cotton, ha\e
oi

d.

Aug.-8ept
8ept.-Oct

Southern, bakers’ and

June 24.

3,300
3,200

....

Total stock—Estimated
Of which American—Estun’d
Total import of the week
Of which American
Amount afloat
Of winch American

June 17.

Delivery.

Thursday.

Ang.-Sept

....

steam.c.

steam

June-July
July-Aug

were

Rita, 1,082

The

June

7,834
1,510

Charleston—To Reval, per bark Ganymedes, 1,510
Texas—To Liverpool, per barks Alamo, 1,951—Colin

To Bremen, per

d.
63lg
6*13
6*18

Nov.-Doc

ship Fawn, 3,659

per

Wednesday.

Delivery.

Total bales.

Hew York—To Liverpool, per steamers Italy, 204
Nevada,
.Partiiia, 611.
To Havre, per Bteamer Canada, 565
To Bremen, per steamers Hohenstauffen. 200—Neckar, 259
Hew Orleans—To Liverpool, per steamer Eduardo, 4,175....

29

Com...

Oats

Barley
Rye
Total grain.-..

11,738,699
3,283,457

247.536,648
1

9,463,691.

1877-73*
5,603.209
72.451,018

79.994,000

THE CHRONICLE.

30

[VOL. XXXIII.

1
rrain from the same operations were comparatively light, and the present compara¬
Comparative shipjnents of flour andl, f
or four years:
tive lull may continue until the middle of this month, by which
pons from Dec. 27 to June 25, inclusive fc
1879.
1878.
1881.
1880.
time agents will be prepared to open new lines of prints, dress
3,337,939
2,857,404
Flour
bbls.
4,250,628
2,564,394
26,285.982 goods, shawls and other fabrics adopted to the Autumn trade.
25,877,290
26,129.500
bush. 23,923.313
Wheat
38.089,555 There was
43.706,234
58,115,659
39,917,192
Corn
(as usual between seasons) a very light demand by
7,742,452
11,490,368
10,454,791
16.648.824
0^9
1,539,276 retailers, and business was therefore comparatively quiet in all
1,986,728
1,991,880
1,586,117
Barley
1,568,193
1,016,733
1 ,395,433
958,161
Rye
branches of the jobbing trade.
Values of the most staple
75,225,458
fabrics
are
87,316,984
98,027,595
Total grain
79.383,644
firmly maintained, and stocks are so well in hand, as
*

Rail shipments from
weeks ended:

Western

for the

lake and river ports

a

steady market for some time to come may

confi¬

dently be predicted.

1878.
Week
June 29

1879

1880.
Week
June 26.

1881.

rule, that

a

exports of cotton goods for the
71,285
ending June 28 were 2,886 packages, among which were
89,496
56,363
..bbls.
151,329
Flour
1,515
to China, 392 to Great Britain, 237 to United States of Co¬
404,539
173,318
628,*51
.bush.
617,605
Wheat
335,477 lumbia, 131 to Brazil/109 to Hayti, 91 to Venezuela, 90 to Chili,.
873,531
1,051,045
1,460,080
Corn
283,067
527,925
575,100
1,450,070
Oats
.>
83 to Mexico, &c.
There was a very good demand for cotton
23,023
17,288
13,414
19,242
Barley
34,700
53,205
9,908
flannels at first hands, which resulted in a satisfactory business,
19,705
Rye
but other kinds of plain and colored cottons were only in
824,793
2,303.110 1,873,4SS
3.566,702
Total
’
moderate request by package buyers. Prices ruled firm on all
Rail and lake shipments from same ports for last four weeks:
the most desirable makes of plain and colored cottons, and
Rye,
Corn,
Oats,
Barley,
Wheat,
Week
Flour,
orders for goods not actually in stock are mostly accepted “ at
bush.
bush.
bush.
bush.
bush,.
enamg—
oots.
value” only. Print clothes were rather more active, and prices
19,827
3,688,901
1,658,840
19.242
June 25...230,028 2,069,949
944.496
3,198.338
17,138 19,702 remained steady at 3 15-16c. for extra 64x64s and 3^c. for 56x
Juno 18. ..164,417 1,256,573
22.839 18.969 60s,
3,699,524 1,321.502
June 11... 203,026 1,115,360
Light prints ruled quiet, but there was more inquiry for
23,545 1\007
2,837.824 910,563
Juno
4...156,193 1,145,781
dark fancy prints, as a result of which some lots were placed
on memorandum” with buyers who are making shipments by
Tot., 4 wks.753.664 5,587,603 13,42 4.587 4,835.401
82,764 77,505
85.364 143,378 canal. Ginghams were sluggish, and printed lawns were almost
4 w'bs’80..428.391 9.249,489 16.311,987 2,693,276 ■
Receipts of flour and grain at seaboard ports for the week neglected.
Domestic Woolen Goods —There was a less active demand
ended June 25:
Tfeelc

June 25.

Week
June 23

Domestic Cotton Goods.—The

week

“

Flour,

Wheat,

Corn,

bush.

bush.

bbls.

At'

New York

95.146
53,773

Boston
PniTland

2,880

Montreal

21.193

Philadelphia...

20,415
22,695
27,422

Baltimore
New Orleans...

Barley,

Rye,

bush.

bush.

885,300
94,000
3,200

676,180 1,307,370
54,525
456,301
5,600
132,696
229,026
104,400
89,000
496,600
519,700
50,464
547,619

_

_

_

_

1.000

88,400
62,000

2,000

71,055

208
800

2,065

544,697

4,004,512 6,009,530

J

7,294
15,568

ports from Dec. 27 to June 25, inclu¬

Total

receipts at same
sive, for four years:

1879.

1878.

4,919,423

4.096,079

1880.

1881.
Flour.

bbls,

6,414,577

4,378,736

Wheat
Com
Oats

bush.

40,199.287
48,967,244
12,483,969

38,326,317

41.5*24.323

34.613,424

71.433,382

61,091,959
10,389,276
1,475,099
1,958,090

59,051,686

Total trraln

11,951,239

2.020.187
875,4©0

1,584.267

ip4,546,l67

124,063,763

Barley.....
liye

774,558

and from Montreal

Exports from United States seaboard ports

From—

New York

......

Boston

Baltimore
New Orleans..

;

Flour,
bbls.

Wheat,

Corn,

Oats,

Rye,

bsuh.

bush.

bush.

bush.

72,428

883,089

16,047

32,691

2,565
8,969

269,419

Portland
Montreal

Philadelphia..

9,520,824
2,383,166
2,361,355

116, 438,747 107,9 3 0,455

for week ending June 25, 1881:

1,128,344
136,732

178,268

11,973

2.666

Total for w’k 114.648
Same time’80. 104.192

648,132
90,821

2,102,420

3,054,656

7,663

53.0S4

Peas,

bush.

5,172

very
rics

supply. Linseys were more sought for, and a fair business in
these goods was reported by agents representing the most
popular makes. Carpets were mostly quiet, and worsted dress
goods, shawls and skirts were dull; but there was a satisfactory
movement in shirts and drawers and fancy hosiery.
Foreign Dry Goods continued quiet with importers, and the
jobbing trade was comparatively light, as usual at this time of
year.
The offerings at auction were meagre and unimportant,
and sales have been discontinued until August by the leading
auction houses.
Importations of Dry Goods,

53^5^!

2 5T
P S £■ ©
X

53,084
9,071

£

66,955
34,386

p

Wheat,
bush.

110*251

316.041
47,902
166,671
193,007

885,660
289,166

88,281
141,031

403,356

515,500

60,000

Oawego
fit. Louis
Boston
Toronto
•..

Philadelphia

74,470

19,196

Peoria

128.000
59,578

Indianapolis
Kansas City

796,073

Baltimore
Down Mississippi.
On rail
On lake

•

141,945
133,700
56,164
424,381
386.000

161,000
959,774 2,697,952
1,591,314. 1,842,821
1,500,000 1,700,000

Canal

.

768,511
720,000

519,051
7,759
65,000

357,857

June
4, '81
May 28,’81
June 26, '80

bush.

1,986.018
350,000
14.000
31.000
7,500
191,571
424,841
256.549
4,187,795 2,193,114 3,059,845
26,075
5,041
4,870,198
5,000
665,000
286.724

Tot. June 25.1881
June IS.'SI
June 11, '81

Oats,

bush.

894,833
390,000

Albany
Buffalo
Chicago
Milwaukee
Duluth
Toledo
Detroit

Montreal

Corn,

Barley,

P.

bush.

65,709

58,449

4.203
30,725
106,337

.

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37.167
11,780

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1,900

17,921

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21,242

25,705
122

248.037
127.443

162,527

321,569
361.058
513,092

276,108
287,506
327,327

280,130

237,986

181.974

P P

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in staple
execution of former orders, but

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was

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approach of the July holidays. Southern buyers
appeared in the market in considerable force, but their




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5,302 4, 81 821

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THE DRY GOODS TRADE.

and woolen goods, in

o»

Ot
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70,000

13,913,340 18,097,790 3,080,549

of—

1

Friday, P. M., July 1, 1881.

cotton

M

00 co

■C| (-* to 05 C5

16,238,025 10,501,456 5,209,553
14.909,921 9.822,828 4,589,330

Ip

gSp'Is.a

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19,006

16.370,483 13,533,128 7,004,107
16,441,330 11,783,877 6,644,299
17,220,573 11,522,238 6,332.463

Miscelanou Manufctres

Total

I

28,400

714.770
208.770

or

Flax Silk Cot n Wool

CC

row

27,410

15,939
51,968
226,869
271,140

f

market. consumpt.

Rye,

bush.

Total Ent’d
on

the stocks in granary
at Lake and seaboard
ports, and in transit by rail and water, June 25, 1881, was as
In store at—
New York
Do. afloat (est.)

week
facts

importations of dry goods at this port for the
ending June 30,1881 and since January 1, and the same
for the corresponding periods of 1880, are as follows:
The

The visible supply of grain, comprising
at the principal points of accumulation

follows:

the

firmer

reduced of late that prices

been so largely
on
are
best makes. Flannels and blankets continued to move steadily
from first hands, and prices ruled strong because of the light

61,783

26,235 186,782
500
279,579
410,119
253,201

2,234,210 194,945
3,893,594 130,846

goods than of late, but the tone of the market was
steady, and there was a liberal movement in certain fab¬
Men’s-wear woolens were
on account of former orders.
only in moderate request by clothiers, but leading makes are so
well sold up that values are steadily maintained. Cloakings
and sackings received a fair share of attention, and there was a
steady, though somewhat irregular, demand for^ repellents.
Kentucky jeans and doeskins were less active, but stocks have
for woolen

2,586
1,500

800

82,096

3,170,016 1 ,286,051

Total week... 243,524 1.499,465
Tor. week *80.. 183,893

Oats,

bush.

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55