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W xmitk

AND

HUNT'S MERCHANTS' MAGAZINE,

^

^

'^C

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

VOL.

NEW

33.

YORK, JULY
Financial.

Financial.

Morton,

&

Phelps, Stokes
I.

45

47 \raU

dc

BANKERS,

New

Street,

York.

TRATEI.ERS> CREDITS,
CIRCULAR NOTES,

COamERClAL. CREDITS.
LONDON CORRESPONDENTS:
The Union Bank ot London. Messrs.

C. J

Bsmbro

C.

No. 80

Anversoise,

Antwerp.
-

-

-

Exchange.
Advances made on business paper and other

BxLix Obisar, President.
Alfred MAiiuiNAV lUraff* Maqulnay), Vloe-Prea
J. B. VoM DEii Bkcke (Von dor Hecke iL Uaratlr).
OTlo GUNTHER (CornetUe-David).
KMILE n£ GUTTAL.
AD. KRAN'K (Fnmk, Model & Cle.)
acg. Noiteuohm (Nuttebotim Freres).
VVi. DHA.M.s (Michieis Loos).
JOH. Dan. Kunn.MANN. Jr. (Job. Dan. Fuhrmann.)

A. L. Schmidt, Cashier.

U.

S.

Cle.)

A

Potter. Prest.

J. J.

promptly remitted at best rates.

Banks and Bankers

Accounts of

solicited.

B0ST09I,

3

Fine

Street,

134

&

Co.,

Bankers and Broicers,

SOUTH THIRD STREET,
PHILADELPHIA.

DepoBlU received subject to check

at slfibt,

and

Interest allowed on dally bHlunces.
BondM, Slc, bought and sold un ct^mmlSBlOD
in I'hiladelphla and other cities.
Particular attention given to laformutloD refrardDg laTeBtmeat Securitiea,

Btockfl,

Aug. T. Post, Banker,

J. P. TT^INTRIIVOHAin,
GAS, INSURANCE. BANK STOCKS, &o.

23 NA»SAi; STREET,
BUYS AND SELI.3
State, City and County Securities.
CORRESPONDENClS SOLICITED.

Samuel M. Smith,
40 WALL, STREET,

DEALER
City Kalln-ny

IN

Securities,

StoclKS,

TORONTO, CANADA.

Oaa and Bank

Insurance Scrip.

Stocks, Bonds, etc., bought and sold for cash or on
Drafts on .New York and London and American and Sterling Kxchango boiightandsold. ColCorrcHponder-ts— Bunk of New
lectlon-" made.
York, New i'ork; Alliance Bank, London.

NEW TORK:

CINCINNATI,

Geo. W. Cecil,

O.:

W. P. Thomas.
W. M. WlLSUIRE.

N.V. Stock Ex.

M. ZlUMERMA.V.

Cecil, Zimmerman
ST.,

& Co.

CINCINNATI,

7

Special attention to business of country banks.

To

NEW YORK,

STOCKS AND BONDS,
MEMBERS OF TUB
A

N.

Y STOCK EXCHAMOB.

commission business conducted In the
purchase and sale
dtocks and Bunds on Margin
strictly

or for liivestraeiit.

Complete

h iriimclal.

coirospondenta

Investors.

Cincinnati Curirency Cs, due 1909.

Cincinnati

Coleman Benedict & Co.
ST.,

Co.,

BANKERS AND BROICERS,
Wall St., Cor. New, New York.
INVESTMENT SECURITIBS.

Fund

Main Issue

Scioto Valley Consol.

1864.

BROAD

&

A. H. Brown

Cincinnati Sinking
O,

ESTABLISHED
No. 24

PINE STREET,

Cincinnati Gold 6s, dae 1906.

BANKERS AND BROKERS.
74 BROADWAY, NEW YORK.

WEST THIRD

bought at the ArCTION SALES.

NEW YORK.

margin.

«»

M. SHouiAKrat.

BANKERS AND STOCK BROKERS,
Soutli Tliird St.,
PHILADELPHIA.

No. 36

(Members of Toronto Stock Exchange.)

Member

U Hatch.

Jos.

furnished.

Buchan,

BANKERS AND STOCK BROKERS,

LlNDLZr Hainis

H. Taylor

Thomas.

Dealers In all Issues of United States Bonds.
Investment Securities a specialty. Correspondence
Invited and full Information upon financial subjects

Corner Toronto and King Streets,

Lewis U. TAVLott, Jr.

C.

SECiriUTIES

&

Gzowski

STREET,

Nefv Vork.

Kxchanges Deposits received and interest allowed
on balances.

tiated.

140

&

Buy and sell on commission nil Securities dealt In
at the New York Stock and the New York Mining

$400,000
400,000

......

Accounts of Banks and Bankers solicited.
Collections ma e upon favorable terms.
Strictly flrst-clasa Investment Securities Nego-

L.

H. B. Bacox.

Clark.

KENDALL.

BANKERS AND BROKERS

Proceeds

Bacon,
BANKERS AND BROKERS,

Caahler.

Maverick National Bank,
CAPITAI.,
SIJRPLCS,

8.

Clark

Bddt,

WALL

B.

Thomas & Shoemaker,

LOUISVILLE, KENTUCKY.

Alex.

GENERAL BANKING BUSINESS.
P.

D. hatch,
Member N. Y. Stock Bxch.

Geo.

DEPOSITpRY,

Special attention given to collections.

WM.

WM.

Refer to Messrs. FisK

National Bank,

*

ASA

securities^

No. 81

First

Co.,

Stocks and Bonds bought and sold on commission

graph.
Pres't.

&

Gallaudet

Buy and Sell on Commission, for cash or on margin, all Securities dealt in at the New York Stock
Kxchange. Interest, allowed on daily balances.
Particular attention paid to orders by mail or tele-

BOARD OF DIRECTORS

TRANSACTS

W.

P.

NEW TORK.

8413.

at N. Y. Stock

Walker,

9,000,000 Francs.

Louis WEDERiBd. Weber & te.)
Jules KAUxENSrUACCH (C. Schmid k

BOX

PARIS
r
AKlo.

BROiDWAY, NEW YORK.

Qeo. a. Lewis,

Capital,

-

P. O.

BANKERS,
AMSTERDAM.
UNITED BANK BVILDINO.
WALL STREET, COR. BROADWAY.
W. N. WALKER. STOCKS, BONDS &. COMMERCIAL PAPER.
i

J

M. RPTTER,
Y. Stock Exchange.

&

"

RANKERS AND BROKERS,

Banque

PaldUp

"

Member of N.

SOD.

Rutter

Centrale

LONDON.

MORTON, HOSE t CO
HOTTINlJUER i CO
CREDIT LV0NNAI3
AMSTEISDAMSCHK BANK,

CEDAR STREET,

70

;

ISSUE

A

COMMISSION BROKER IN UNCUKRiajT
INVESTMENTS,

YORK.

Issue Circular Notes and Letters of Credit' for
Travelers also, Commercial Credits, available in all
parts of the world. NeKotinte first-class Railway,
City and Btute Loans; make telegraphic transfers
of money and draw Exchange on

OLCOTT.

F. P.

NEW

James Kitchen,

Co.,

COR. OF CEDAR,

ST.,

836.

FInanciaJ.

&

Bliss

33 NASSAU

Co.,

N. PIIKI.PS,

JAMES STOKKS,
ANSON PHKI.PS STOKKS,

NO.

188L

2,

Report iHued weaklj to oar

7s,

7'308,

Gold

due

due

78,

1904.

1902.

due

1910.

D. A. EASTO.V,

McLELLAN tc CO., Banken,
BROADWAY. NEW YORK.

Wlt^ -;°-ODY.

No 58

R. T. Wilson

&

Co.,

BANKERS AND CO.HMI8SION HERCHANTH
% Kxcllance Court, N ew York.

.

;

:

Drexel,

NO*. 19

CORNra OF BROAD. NKW YORK.

O

8«e»rt"";,°2.'i|

MOKOAN &
ST..

CO.
LONDON.

BUT

JtXD SELL

OF FXCHANGE

-

Capital,

$5^500,000 Paid

-

TJp.

JOHN HAMILTON.
Vice-President, JOHN MCLBNNAN, ESQ

HEAD OFFICE, MONTREAL.
OKOKQK HAGUE. General Manager.
WM. J. INGRAM, Asst. General
BANKERS:

Co.,

LONDON, ENG.— The

Clydosdiile

Manager

Banking Cqmp'y

NKW YORK—The Bank of New York. N. B. A.

sells Sterling Exchange, Cable Transfers, issues Credits available In
parts of the world, makes collections in Canada
and elsewhere, and Issues Drafts payable at any of
the offices of the bunk in Canada. Demand Droits
Issued payable in Scotland and Ireland, and every
description of foreign banklngbuslnessundertaker.

The New York Agency buys and

all

New York. Agency,

48 Excliaugc-place.

HAGUE

HiENRY

Agentf.

>

HARRIS JR..S *>'<""''•
Chicago Branch, 158 Washington Street.

JOHN

B.

ARTHUR WICKSON,

Manager.

AGENCY OF THE

CIBOTLAB NOTIS Ain> CbXDITS FOK TBATKI3BS.

FRANCK,
ON ORKAT BRITAIN AND V'.EI.AND
OKKMAN'Y. BKLGIUM A.Sl) HOLLAND.
I88ue CommeiTial and Tnivelers' Credits
1» SIERLIXO,
ATAILABLK IN ANT PART OF THK WORLD.

-

Hon.

President, the

inUNROE A: CO., PARIS.
8TKKLING CHEQUES AND BILLS AT SIXTY
DATS' SIGHT ON
ALEXANDERS it CO., LONDON.

Brown Brothers & Co.,
No. 69 WALL ST., N. If.,
B1L,L.S

parts of the

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

ATroa'SiTa a»d A()1MT» of

OLD BROAD

all

&

John Monroe

Sb^f^TS^ifen-Clrenlar letters for
tnllatile In all parta »t the world.

»S!

21 Nassau Street,

and their correspondents.
of Money
Also Commerclol Credits and Transfers
on California, Enro pe and Havana.

•c^boQirht and wld on commLiiop. mtere" f"??;?
Creaiit
7« Itenaaiti Koreln KxchanKO. Commercial
TraTeler..

Ho.

&

MESSRS. DE ROTHSCHILD

DOMK8TIC AND ivRHGN BANKERS.

neaara. J. ».

OP

C A Hf_A_D A.

In
Issue Travelers' Credits, available
world, through the

Drexel, Harjes &
Cresel & Co.,
n BoDlenrd HaoMmani
Bt„
»>.M Som TaisD
Paris.
Pbiladelphia
DepMlu

Merchants' Bank

Co.,

BANKERS.

WALL 8TBBET,

recBired subject to pr.lt.

&

Co., August Belmont

&

Morgan

Canadian Banlis.

Foreign ExcUangc.

Foroign Excliangc.

XXXBI.

[Vol.

THE CHRONK'LE.

Stuart & Co.
J-&J
33 NASSAU STREET.

Ba

n k

OF

And in F^nca, In Martinique and Guadaloupe.
BILLS OF EXCHANGE ON
America,
MAItBTKLUGKAPHIO 1KANSFER8 SJHITII, PAYNE & SMITH'S, British North
OF MONh,Y
BANKERS, LONDON
No. 52 WALL STREET.
Between tbia and otber oountriea. through London
nANCHESTER & COUNTY BANK, Buy and Sterling Exchange and Cable Transand Paris
;

Collections of Drafts drawn abroad on
polnta in the United states and Canada, and
ot Drafts drawn in the United States
on Foreign Cuuntriea. _

Make

S.

G.

&

ULSTER RANKING COMPANY,
BELFAST, UiELAND
AMD on THX

NATIONAL BANK OF SCOTLAND,

AeSNTB roH

COMPANT,

Sc

fers.

MANCHESTER, PAYABLE IN LONDON

G. C. Ward,

BARING BBOTIIEHS

sell

"LIMITED:"

all

EDINBDUG, AND BRANCHES;

Sa WALL STRSBT. NEW YORK.
28 8TATK STREET, BOSTON.

A1.S0.

CABLE TitANSFERS AND LETTERS OF CREDIT

& Co
J.&W.Seligman&Co., Hilmers,McGowan
BROKERS IN
BANKERS,

No. 04

Foreign Excliange, Stocks and Bonds,
63 -Wall Street, New York.
Special attention paid to orders at the New York
Stock Exchanye iind New York Mining Board.

BBOADWAl',

NEW

YOBK.

lasne Letters of Credit for Trayelers,

&

Cor. Wall and Nassau

Sts.,

The Nevada Bank
OF

New

SURPLUS, INVESTED Df U.
$4,000,000 GOLD.
York.

CABLE TRAM8FER8, BILIB OF EXCHANGE
AND

by Telegraph and Cable.

THK

Anglo-Californian Bank

C0SRESP0NDSKT8 :
BARING BROTUEUS Ac CO., London.
PKRIER FRERES.dc CO., Parta.

(LIMITED).

LONDON, Head Office, 8 Asgel Conrt.
SAN FRANCI.SCO Office. 422 California St.
NF.W YORK Agents, J. AW. Seligman & Co.

dc CO.. Berlin.

BOSTON Correspond'ts, Massachusetts N. B'k.

Knoblauch
Lichtenstein,

BANKKKS,
99 WlUlam

Kxchan«;e Place.
NKW VOKK

St., cor.

HaKe Telegraphic Money Trausfers.
Uraw Bills ot Kxcbange and Issue Letters oi Credx
Europe.
all pnadpe) cities o
8PBC1AL PAKTIIKK.

Authorized Capital, •
Paid up and Reserve,

&

ableterms.
P. N.

,

PARTNER.^
Tork

BIEINB.MANN,1
>

BARRON BLAKE.)
Oram commercial and travelers' cred^'- -^otlDte
make advaitcts on merchandise^ •a-trai'.eeceaeral doarclal commission business,

loaoa.

coaaispONnsNTs

BLAKE BROTHERS
MXW Y«RK AND

FRED'K

F.

LOW,

* CO.,

BOSTON.

$6,000,000.
1,700.000.

GEORGE STEPHEN,
C. F.

Presi(Jent.

SMITUERS, General Manager.

XEW YORK
Nos. 69

&

OFFICi.,

WALL STREET

61

WALTER WATSON,! Agents
•„-„.,
}

Exchange, Francs and Cable
Transfers grant Commercial and Travelers Credits
available in any part of the world; iviie drafts on
and make collections In Chicago aoO throughout
the Dominion of Canada.

Buy and

sell Sterling

i

London

Office,

No. 9 Birchln Lane.

Foreign Banlicrs.

Nederlandsch Indische
Handelsbank,

AMSTERDAM, HOLLAND.
Established in

1883.

Paid .Up Capital, ia,00i>,000 Guilders
($4,800,000 Gold.)

HEAD OFFICE

IN

AMSTERDAM.

Agencies iu Batavia, Soerabaya and Samarang
Correspondents in Padang.
Issue commercial credits, make advances on ship,
ments of staple merchandise, and transact othex
business of a financial character in connection with
T.ne n; de with the Dutch East Indies.

ULAKE BROTHERS &

CO.,
Agents for North America
18 WALL STBBKT. NEW YORK,
9S STATE STREET, BOSTON

)«'„.„.„

Nederlandsche

Baiiiis.

Capital, $1,000,000,
D.R. WILKIB.

ROWLAND, Prcs't

HEAD

Tlic Neilieriand

Port Colborne. St. Thomas, Ingersoll
Weiland, Fergus, Woodstock, Winnipeg, Man.
Dealers in American Currency & Sterling Exchange.
Agents in London
Agents In New York:
BosANijLET. Salt* CO., Bank or Mqntueal
Td Lombard Street.
5V( Wall sitreet.
Promptest attention paid to collections payable In
any pui t of Canada.
Approved Canadian business paper, payable In
gold or urrency, dl.ocounted at the Head Oftlce on
reasonable terms, and proceeds remitted to ny
pan of the United States by draft on New ITork.
:

|

|

Trading Society

OF HOLLAND,

Cashier.

OFFICE, TORONTO.
BRAXCBBS:

St. Catharines,

Ijondon.

r.

Mi

$12,000,000, Cold,
5,000,000, Gold

CAPITAL,
SURPLUS,

Imperial Bank of Canada Handel-Maatschappijj
H.8.

LAKB BROTHRRS A CO., Beaton and New

nUL

-

LAWSON

Bank of Montreal.

ION ATX 8TBINHABT. S*"""*^"'
LILIENTIIAL. Cashier.

Canadian

Brothers
Co
LONDON, ENGLAND.

-

Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders for
Bonds, Stocks, etc.. executed upon the most favor.

BRirTXTHIt RANK, Berlin.

Blake

W

St.

BONDS,

L. BRANDEK, Agent.
ISSUES Commercial and Travelers' Credits, avail*
able in any part of the world. Draws Exchange,
Foreign and Inland, and makes Transfers of Money

OOmiBBCIAL AND TRATELEBS' CKEDITS.

&

San Francisco and Chicago.
Bills collected and other banking business transI
acted.
D. A. MCTAVI8U, jAgeDM.
Ajrenta

GEORGE

FOREIGN BA.NKERS.

MBN0KL880UN

S.

on Scotland and Ireland

drafts

ALEX'KLANO,

SAN FRANCISCO.
Co., New York
Agency, 6-i Wall

BOSTON, MASS.,

demand

also on Canada. British Coliunbla, Portland, Oregon,

Calilornia BaiiUs.

Parable In an j part of Kuroi)e. Asia, Africa, Anstralla and America.
Draw Bills of Exchange and make telegraphic
transfers of money on Kurope and California.

Kidder, Peabody

Issue

ESTABLI8ED 1824.
Paid-up Capital, 36,000,000 Florins.
($14,400,000, Gold.)
Execute ordei-B for the purchase or sale of MerchanBonds, stocks, and other securities. In the
UniUid states, Europe auU the East make Collections,
buy and sell ForeitiU Exchauge, and give advances
upon Merchandise for Export.
dise,

;

OLIVEi;

New Toki.
Office,

S.

CARTER,

STANTON BLAKE,
HENRY E, HAWLEY,

January

1.

142 Pearl

)

}
S

Agents
for

AmerlCS

Ls79.

Street,*

Newj York

.

;

:

j

THE CHRONICLE.

JVTLI 2, 1881. J

Financial.

Foreign Bnnkert.

Hong Kong &

CHICAGO & ATLANTIC RAILWAY
ISHVLG of S0,»00,000

Shanghai

BANKINO CORPORATION.
CAPITA l.(p»l.l-up)

I9.000.no*
1,800,000

RBSUKVK KU.NU

UKAD OFFWB.

KONO.

JfOA'O

BlllHuayuMuat
Muntla.

Kouir,

Koochow,

Hankow, Yukohuuia,

Anioy,

Ntnspo,

Ck>apon Bonds in Denominations of |1,000 each with

llloxo. San Francis-

TOWN8END, AKent,

Wall

fiO

TRfSTEK

I

&

The

Registration

ProTision.

niiil mipenor terminal
having liceii already socured liv a contract Willi tlio Chicago & WcKteru Indiana Uailroiid ('oiii|iiiiiy, which contract
la nioftgagcd to the liniidhcildcfK, together wltli
all tbo iifoporly of tlic Chicago & .\tlaiitic Uail-

BLAKR nUDS *<Ki

way

Coiniiaiiy, including' Its fall

Is completed.
THE INTERE.ST 18
FURTHER SECIII'.EI) by
pledge to the
trustee of tile GROSS KARNINfJS of both
THE NEW YORK LAKE ERIE A WESTERN
RAILROAD and the NEW YORK PENNSYI^
ft

VANIA A OHIO RAILROAD

ciiiiipment.

Is being conttriicted as a trunk line
under the supcrvlKlon of HLXill ,1. JEWETT,
PUE.SIDKNl' NEW YOUK LAKE ERIE A

going to and ctmiing from

This road

Financial.

A

the load

faoiiitics at Clilcago

AMSTERDAM, HOIJ.AND

York Lake Erie

FURTHER GUARANTEES TO THE TRUSTEE OF THE BONDHOLDERS tbe Interest upon the bonds until

inlloa,

Cbicago, entrance into

roranissioN nBROHANis,

dc

capital stoclc, and tbe New
Western Railroiul fompniiy

line of tbo Cbiongo
Atlantic Railwny,
iu loiirse of construction, baa a leiigtb of
oxteiKlliig from Marion, Ohio, to

now

K

2,'">7

N T Oorrvunnnripnu.-Mniiani.

THE FAR.nERS' LOAN

TRUST CO.MPANV.
INTEREST SECtTRED UY SPECIAL QVARANTEES AS REREVXDBR DESCRIBED.

St.

Adolph Boissevain & Co.
B A N K K K

CO.

CE,VT FIRST ]!II0KTC}40E CiOLD RONDS,
DUK 1020, INTEREST MAY AND NOVEMBER.

H(<nilitiy,<^H)outtu.ym(i)i|>orc.8tttKOn

llnntf

co and London.

A. m.

PER

SIX

Tlie CorporAtlon ^nint DmftA, Ihsuo Letters of
Credit for iiae of Truvol«*r8, aiiO ncuotluto or colleot
fihiinKhiil,

iii

on ail
t'lo fJIiicigo

&

trnfflo

Atlan-

Railway Omipanv. MAKINCi THIS INTEREST A FIRST CHARGE not only upon tbe NET
tic

WESTERN RAILROAD COMPANY, and for EARNINGS of the latter road alone, BUT
'PHB PRINCIIMIi, INTEREST AND DITI- tbo
express purpose of securing mi independent A LSO upon tbe GRi )SS REVENUE received out
*- donds on the
following bonds and stoolts are
Western outlet to tlie Erie system, which here- of liuslness FOR and FROM »VLL POINTS on
parable at the Bnnklnv Uouso of Messrs. WINS
tofore lias been dependent for its Western traf- THE NEW YORK LAKE ERIE & WESTERN
LOW. LANIKK * CO., corner of Nassau and Cedar fic upon tlie other lines running into C'bicago RAILROAD and the NEW YORK PENNSYLfrom the I-^ast, controlled liy lival corporations. VANIA & OHIO RAILROAD between Marion,
Streets. New York City, on and after July 1, 1881
Tbe New Yorlc Lake Eric & Western Raliroad Ohio, and tbo CITY Ol'' NEW YORK. The enAllegheny Valley Railroad:
readies tbo Chicago A Atlantic Railway (wbicii tire iinnuai interest m.on tills i.<sue of bonds
First niortgase 7 S-lOa.
for its entire, distance runs ptirallel with and AMOUNI8 TO 8390,000, WHILE DURING
AlteKheiiy City, Pcnn.;
Compromise 4«.
abont 18 miles sontli of tlio Pittsburg Fort THE YEAR I881I the gross earnings of the
Anglalzu l,nnni y. Ohio
Wayne A Ciiicago Railroad) over the New Yorlt New Y'ork Lake Erie & Weateru and the New
Fun.linu 7s.
Pennsylvania
& Ohio Railroad from ."alamanea Y'ork Pennsylvania A Ohio Railway Companies
Cinclun.iti Hamilton & Indianapolis Railroad:
Columbus City, Ind.;
Improvement 7

:

and Interest.

Frankfort Ind.:
School H'.usc If^s.
(inuid^Rupi'is A Indiana Railroad

Guaranteed

78.

Indianapolis, Inl.:
Fire l)0D»rtmcnt 7 3-108.

quired over and above tbo proceeds of tbe present issue of bouds and tbe subacriptious to its

Loganspo-t. Ind.:

VVi,rlis83.

Loulsl inM

iN'ati mal Hunk of New Or'esna
Semi-annual dividend of > per cent.
Maritm, Ind

subscription

AT THE PRICE OF

liUHrV,

93.

Special (iuirantuou :Mock
or Ii>t tier cent
Hallway of Florida:
First .Mortgage lOs.
scloto C unty. Ohio

;

quarterly dividend

St. John.H

:

Homo 7a.

aiirosd:

.Miirfgage 7s.

,„^ ton-oinated 75.
Wheeling. West Virginia:

Keg

liar

:

stock quarterly dividend of !}< per

JULY

Cincinnati Hsiniltoii
,

20:

* Dayton

Second Mortgavc

it

)

COUPONS OF THE FIRST MORT- GEORGIA RAILROAD COUPONS due July

CENTRAL PACIFIC RAILROAD COMPANY, the WESTERN PACIFIO
RAILROAD COMPANY, and the CALIFORNIA 4.
OREGON RAILWAY COMPANY, due July 1881,

on and after

Jtily

1,

1,

1881, will be paid on and after that date by

GALL.VTIN NATIONAL BANK.^^

P^AST TENVISSEE
RAILROAD COUPONS

tc

duo July

Railroad

:

79.

CItliens' st.ect Railw:iy. Indianapolis
First .MorlguKeTs
1 ermi)li,.n I'ounty Ind.:
(iravoi Koad 78.

Gravel Road 8a.

1,

1881, will

WILSON A

R. T.

TAKOXVILLE

W. THOMPSON,

Chairman American oramlttee.
N. B.— Upon return of American omaJttee's receipt, properly endorsed, the compnny's stock will
be delivered on »nd aiter .liilv 1. Is8l.

COUPONS

Se.

due July

CO.

OHIO RAILROAD
1,

1881, will be paid on

and after that date by

THE Lake Shore and sIiouigav SouTnEHNl
Railway Co.mpany. Treasi'rek's crpicE,
GUAM) Central DKe-.T,

R. T.

I

:

OEORGIA

be paid on and after that date by

1881.

R.

Wayne A Chicago Railway

"

„,

VIHGINIA

>

25. 18SI.

gage bonds of the

-•-

rear),

73.

ort

Street,

Y'ork, June

y INTEItOCEANIQUE.-Tho semi-annual interest
of 3 W per cent on the sliares of this company is
payable at their office. 6 Wall Street (first floor,

Blackford. Ind.:
I.

CO.,

&,

piOMPAGME 1;NIVF.RSELLEDU CANAL

Compromise lis.
Wabjsh County Ind.:
Court House 7s.
County

to close

1,

BrI.Ig.. (f>.

Pittsburg'

q''HE

New

win be paid at the ofBce of FISK & HATCH, No. 5
Nassau Street.
Holder' presenting ten or more coupons will leave
them for examination, in which case a receipt will
be given and payment made nn the following day.
C. P. HUNTINGTON. Vice-President.

Turnpike 8s
Firs

LOEB
)

Co., No.

Works Ss

PltUhurg Fort Wayne * Chicago Railway Co.Jir.-t .Mortgage 7«.
Second Mortgage 7s.
Construction Mortgage 7s.

Scioto Valley

ndvanca price and

31 NASSAU STREET, NEW YORK.
Office OF THK Central Pacific Railroad
T^AST TENNESSEE
H Nassau

:

:

Cbll.iren's

PER CEXT

102 1-9

iutcrest to d.ato of delivery, the right being reserved to

:

First Mortgage 7«.
.Munoie, Ind

Funicd Loan

ors.

'

after a careful examination tliruugb emiucnt counsel into the legal
status of the guarantees, purchased tbe entire issue of these bonds, offer tbe same (or public

subscriptions without notice.
Pending tbo preparation of the bonds, bond certificates will be issued by the Farmers' Loan
A Trust Company, convertible by the latter into bonds when executed.
Subscriptions will also bo received at AMSTERDAM, HOLLAND, thus securing subscribers
the advantage of an international market.

Loan 7;M0s,
S'Uthe n I>ark7 3-I0s.
union lUiilri'ad 6s.
Johnfo^i County. Ind.:
Court House 8s.

Peru, 'nd.:
W;iter

L-

ROAD COMPANY. THE LATTER AGREES
TO l'i;oVIDE ALL FUND-' TO COMPLETE
THE CHICAGO & ATLANTIC RAILWAY re-

and accrued

Water Works 8s.
Mass Hon ,t flevela'd Railroad

I

west of Marion amounted,

tralllc

according to tigures furnished by General J. H.
Devereux, President New York Pennsylvania A
Ohio Raiiroad Com)iany, to $l,5O0,60i) upon
freight alone, not counting any passenger business. It wotild therefore appear tiiat these
.$ti, 500,000 bonds, being tbe entire amount of
tlie llrst mortgage, are amply secured, and
should at onco commend tbemselves to invest-

Tbe undersigned having,

:

Orant County, Ind.;
Impr.ivement 7s.
Gravel Hoad 63.
Ilagerstown, Ind.:
9cho '1 House, Principal and Interest.

Wa'or

from tlirougb

CONTROL of

NEW YORK LA KE ERIE & WESTERN RA

3-lOs.

DanTillo. InJ.:
City School House 10s.
Dayten & .MIcniKan R ilroad
F.rst mnrtLnirc 7s, prin-lpal
Consoliiltiod Mortgage 53.

Fl St .Mortgage

and tbe three companies bave made
a perpetual pro-rating contract, "wbile THE
the Chicago & Atlantic Company
bas been secured for an extended period i)y tbe
to Marion,

First in'irti:aee 7s.

Kichm nd * Chicago Railroad:
Ursr niortKa«Q?s.

Cincinnati

New VoitK. June'.;4.
DIRECTOK.S OF THIS CO.MPANV
have this day declared a quarterly div dcnd of
TWO PER CEN upon its capital stock, payable
on the 1st diiy of AUGCS ne.xt. at this office.
The Transfer Rooks will be closed at 3 o'clock
P. M.on THURSDAY, the 30th Instant, and will

WILSON &

CO.

[

IS.'S!.

J

Cos•^NE^•TAL National

'rllE

Bank or New

York, June 25, 1881.

I

)

i

I'

FORTY-FIFTH DIVIDEND.
'THE BOARD OF DIRECTORS HAVE THIS
I.NO BONDS, maturing July 1, imi, will
be
day declared a dividend of THREE AND
paid on and after that date at the offlco of
Messrs
JE.SCP, PATON * CO.. No. 02 William St.,
HAVINGS BANK OF THE ONE-HALF PER CENT (3«s). payable July 6,
New /iITIZENS'
'
I rY OF NEW YORK. 5S Bowery cor. Cannl St.
York:
-FOHTV SWONO SWMI-AXNUAL DIVIDENO 1881, until which date the transfer books will
Chicago A Alton

NEW YORK, June 27, 1881.
the follow-

^OTitE.-c;oi:poNs of

be re-opened on the morning of Thursday, the 4th
day of August next.
E. D. WORCESTER, Treasurer.

I

First Mortgage.
St. Lonis Jacksonville & Chicago Secontl
Mortgage.

JoUet k Chlcigo First Mortgage.
Dubuque * Sioux City First Mortgage.
Doouque A Dakota First Mortgage.
Jollet Stool Company First Mortgage.
Jollet Steel Company Second Mortgnxo.

OF 'NTEREST.— The

Trustee., have nrlorcd that
Intere'tat the rare of FOUR PER CENT per annum
10 depositors o'l and after July IS. nn all
^uma of Ave dollars and upwards which have remained on deposit f.irt' e three or six months ending June 30, ISKl. Interest wi:i he credited the same
aaaneposltof ca^h. and If not withdrawn itill be
entitled to Interest from July 1.
Bank open every day from 10 A. M. to a P.M.

lie

be paid

Bank bojks

in Knitlish.

closed.

FRED. TAYLOR,

Cashier.

MANiiArrAs S.vvrxGS Ivstitution,
Nos. 6-14 and U40 Broadway, June 27, 1881.

(

$

SIXTIETH SEMI-ANMTAL INTEREST
DIVIDEND.

Gernian and French.

SEV.MOUR

A. nUNCB, /Resident.
HENliV Hasi.er. So'Tclary.
Charles W. Held, cashier.

The Trustees of tills institution have declared
I'ER CENT per
interest at tlio r.ilo of

FOUR

annum on all sunn remaining on deposit JurRAIL.
anijTkxasCenthal Haii.way?
ing the three or six months ending July next,
•'ROAD COMPANY.-Coupons due July 1, 18bl. THiHorsTON
!.«.«'.
CO-.Hot'STON. Texus. .liiiio
lu accordiinco with tlic provisions of tbe by«lii be paid at and after maturity on presentation
/ lOUPONS OF THE FIRST MORTGAGE
laws. Payable on and after Monday, July 18,
1"81 ,wlll be
\' bond.s of this company, due July
»t the ofllco of Clo!aon i. Hays. No.
EDWARD SCUELL, President.
Nassau St.
paid by JOHN J, CISCO & SON, No. 59 Wall Street,
F. a FUlUtCU. President.
C. F. ALVOBV, Socrttary.
yi,
CAVE,
Treasurer.
New Yorlf.
JS.

"RICHMOND &

AI-I.EGHAXY

I

'^1.

t

I,

1

1

I

THE CHRONK^LE.

IT

[Vol.

Financial.

Financial.

Financial.
TR«A8VRKK'»0FriCIt ILI.IX018 CENTRAL RAILBUA» Co.. NKvr York. June 27, 18S1.

Office Tkustkks gf the Sinkino fdnd,

)

CINCI.NNATI. June

(

28, 1881.

)

-*-

dated Kebmmrr 1, 1804. and Second Series, dated
October I, ISM), rendered payable on the first day
of Dote be r, 1881, the bonds of numbers as stated
below. belDff all of said Kcdcoiption Bonds now

amountl k to $2,500,000. The Illinois
Central Railroad C<impany hereby gires notice that
It will pay the said Bonds on presentation to Its
TreaaareratNo.su Broadway, in the city of New
York, with ten per cent, added thereto, on said first
day of October, and interest will cease from that
day. and the coupons on said bon s by their terms
payableafter that day. will cease and become TOid
mad matt be sarrend red with the bonds. tl.lOO
will be paid for each of said bonds of the denominatloDof $1,000. and $550 for each of said bonds of
the denomination of $500.
outatandlnff,

REDBMPTION

CUBBENCr

BONDS

OUT-

STANDING,
FIB8T 8KRIB8-»X,000. 3KC0ND SBBIES-tl,0(
*— Nuoibers.—
I
««
«*

71

SIX

d
mi
s 30V
i<38
(4
# 408
803

838
«10 (4
457 (4

S-S <4
750
704
806 <ift

74*
704

^

<*

@

2060
807U
8001
81BI

('«

m SOS
683
MM ^ 8W
861 A 1040
1047
1187
HH ^ 1184
1188 « 1189
1101 9 1804
ISM
1378

18M
1473
1M8
ins
IS92
18S0
17*4
173S
17(18

:T72

Z
(4
(4
«*

W
<4
e
w

(4
(4
«*
<»

®
®

@

18»t8

1618
loga
I7«l
1733
1786
1770
I7S«

BANDOLPH,
1111-

^3,S00,000

Ctali-aco 8t.

i New

Louis

Orleans

nVK PER CENT SBVENT V-YEAR G01,DRailroad
LOAN,
now

tbe same for subiorlptlons at I07«
and
Interest, reserrlng the rl^ht to
advance tbe pnco
offer

without notice.
This loan wa< authorised by the
sbareboldora of
the Company to consolidate tbe existing
debts,
witboii I Increase of Indebtedness,
and with lar<ro
^®
reduction of
Intere-t charges
'"« 'rancblse
t,Z7SrJ^''l!''.Y'^'"^''"'
property of the Cumpany,

and entire
Including the equloniVnt

Ini

fr^I^h.i^'"^"'"^''^'"'

"

'o be con.trucreS

<-x. levy
fm"nr.'''^;,'\'i;,?»' '"!,?"-

"

and

asVe'Jmenl

pay the prinelp.tl and interest of tlieir i>()nds dated
October 1, 1866. at anytime after the first day t.f
January, 1H~0, first hiivinK given sis months" notice
or their intention to maite such payment, notice is
hereby given to the holdt^re of tito said bunds that
the t omp'tny, in the exercise of said riglit, will pay
the principal and interest of the said bonda at the
National Bault of Commerce on the 3ist day of December, 18S1, at which Uat:j interest on said bonds
will cease.
JOHiN 8. BARNBS, Vice-President.

Co., and the First Nationa ILinlv of Now Yorlc, its
new loan "f Kive Mill ons of Dollars, iu fortyyear bond.s. of $1,000 each, bearing five per cent interest, payable semi-annualij, secured by first mortgage on all its property and fr.inchises, and kfuar^nteed, both principal and interest, by the Central RR.
Company of New Jersey. These new bonds are
dated and bear interest from July 1,1881. All the
resent seven per cent bonds of the company will
§ e paid off. Thi- pr
viiege of fcindiiig the principal
of their old bonds Into tliese new bonds at par has
been reserved to all the present boridholders whu
shall exercise thai privilege, by depnsltl' g their old
bonds on or before July l.si, next, either with
Drexcl, .Morgan & Co., or with tlie First ^at^lnnl
Bank. Holders so depositing will receive In addition $315 In cash on each bond for the past-duo
coupons thereto belonging.
JOUN s. BARNES, Vice-President.

Referring to tbe above notice of the American
Dock & Improvement Company, we are now ready
to receive any bonds of tlie said Docii Company fur
deposit pursuant thereto.

DRKXE, MORGAN &
,

CO.,

ay

and Wail

Street.

13E0RGANIZATI0N OF THE MOBILE
^*A ALABAMA GRAND TRUNK RAILROAD.Notlce is hereby given by the Reorganization
Committee of the Mobile & Alabama Grand Trunk Railroad Company that the Farmers' Loan
4 Trust
Company Is now receiving stocks and bonds from
the holders thereof In pursuance of the reorganization p'an. Persons holding such securities,
by depositing the same with the Trust ompany
and paying the Orst assessment thereon on or
before the 1st
day If July, Inst., will receive certificates
as provided In the reorganization agreement.
Plans of the reorganization can be obtained
at the
Trust Company, or at the office of Arents
4 Yonne
loung,
<»
No. New Street.

No. 9 New Street, New York
R. BACON, 115 Broadway, New
Yo/k
B. SHERMAN, 31 Wall

BENJAMIN

W. H. PRATT, Mobile, Ala.,
THOMAS P. MILLER, Mobile,
Igned.tl oi'J"5.";" ^S

r'??l^''\

St.,

""»" """'-""on to
'wi
ifsi '«»i; "r^j""
WIXSLOW,
LANIER A CO

'

Ala.,

Penu«ylTanIa Co.)« Guar. Gold 4 1-2,,

NASSAU STREET.

'

WB MAKE A SPECIALTY OF TUESK VKnv
SAFE 8ECl;niTIK8.A.ND BUY
"'*«"
AND8ELl.If2I
SELL SAM*
AT MAKKETI-IUCE
WE OFFER A LIMITED AMOCNT OF DESIB
ABLE CAR TRUST IseOBg,
BBCURBD BY TUE DIRECT ADDITION^^Ly
oF
TUB RAILWAY EgUIPMENT OBUQAifoN
COMPANY
34

llfARTlV,

PINE STREET.

& St. Paul Gold
Joseph New 6s,
FOR SALE BY

York, Chicago & St. Louis Subsorlptlon. and
other quotable Construction Stocks.

No. 31

&

WILLIAM

MACDONALD
this date.

A.

NEW YORK.
LETTERS OF CREDIT

NOTES

CIRCIJL.AR

Issued for the use of travelers la
all parts of the world.
Bills drawn on the Union Bank of London
Telegraphic transfers made to London and to
various places In the United States,
Deposits received subject to check at sight, and Interest allowed on balances.
Government and other bonds and investment so*
curltles bought and sold on commission.

IIVVESTinEiXT SECURITIES.
An

assortment

of

desirable

bonds

Correspondence solicited.

ADDRESS

A.
98

W.

&

Co.,

BEOADWAr. NEW YORK.
Spencer Traik.

Geo. r. Peabody.

t'rcd.

B. Xoyee.

Trask 8c Co.,
BANKERS AND BROKERS,

Spencer

New York

'Transact a general

City.

Banking Business.

Bought and Sold on Margins.

Interest allowed

on Deposits.

Branch Offices,

Saratoga, N. Y..

C. H,

J

&

W. A. Graves.
Grand Union Hotel.

E. Odeil,

AGENTS FOB

Steel

become members of our Arm
from

LOUNSBERY 4 HAGGIN

&

Albany, N.Y., Maiden Lane,

Haggin,

New York, July i, isai
PATON and Mr. HENRY

Beasley

Oonneeted by Private Wires,

BANKERS AND BROKERS,
No. 18 WALt STREET,
Mr.

BANKERS,
130 Broadivay (Kqoltable BuUdlnc'f

Philadelphia, 132 S. Third St., C. F. Fox.

CO.,
NASSAU STREET.
OFFICE OF

Lounsbery

NASSAU STREET,

Kountze Brothers,

S».

St.

KUHUr, LiOEB

Car Trust Bonds.

CLARK, POST A

Sc.

Co.,

New
all

Stocks

Reorganization Committee.

Hannibal

IN

Pacific Improvement Company,
American Cable Construction Company,
International Improvement Company.
Continental Construction and Improvement
North River Construction Company,
N. Y. & Scranton Construction Company,

70 Broadway,

New York

Chic, raiiwankee

2g

DEALER

always in hand.

THE FIRST NATIONAL BANKOF NKwToRK
Broadw

EDWARD

Rjllr1,a'M;oSS!,Tw"n"?,«"r' "j« V'"""» C^"'™!
"ytheundr-

ST Ajvrow,

S.

BASEMENT.

GEORGE ARBNTS,
^^-,^o^"c1,:f,?t";?K'e''4,';.^.''''''^-'•'"^^^

and sellers of all dividend-paying
Quotations furnished on application.

)

& IMPllOVEreserved the right to

&

Treasurer.

of tha

We

17

entire

1743 Bonds.
L. V. F.

10. 18.SI.

A

304 Bonda.

The nnderalgoed, baring purcbased from tbe
noU Central Railroad Company

new Youk, June

office of the
Amekican' Dock & Impkove.viest Company,
119 Liberty St., Nkw York, June 16, 1881
This Cimipany Ins sold to Messrs. rexeJ, Morgan

73
»t
117
840
315
321

(4

St..

the

h'gher.
are buyers
iron stocks.

'

Liberty

In

At prices that will net In dividends over IB per
cent upon the Investment.
The above are the largest end best-managed Iron
mines in the country. In view of the low Interest
rate now prevailing, these Seourlties must rule

Jf.

Said bonds o be in all respecLs In conformity with
the provisions and requirements of the act of the
General Assembly of Ohio, bearing date April 0,
IHSO, and authorizinK their issue.
ThM Trustees reserve the right to reject anv or
all bids, or to accept them to a part only of their

number of shares of stock

REPUBLIC IRON COMPANY,
LAKE SUPERIOR IRON COMPANY,
AND CHAMPION IRON COMPANY,

price.

CV'MPANV,

-— Numbers.—
1

ty (30) years, and payable at the expiration of flrty
(SO) years from such date, accrued interest from
date of bonds to day of payment to be added to the

AMERICAN DOCK
'PHE
V Mn.NT
having

riBST SERIKS-»500.
75
«6 t«
119 (^
8(2
817

At Four Per Centum Per Annum,
Interest payable seml-aanually, or duch part thereof as may be necessary for the purchase of the fee
of the leasehold oroperty of the City of Cincinnati
that Is subject to purchase, such bonds to bear
date July 1, 1881. redeemable at any tloie after thir-

119

<ft

1361

Offer a limited

Office of the
)
American Dock A Impjiove.ment Company, r

@

1870
18S9
1368
18T0
13B0
1470
1546
l»7l

Si,ooo,ooo

Breese,

IlVVE§T-MEKrT SECVRITIES,
100 DEARBORN .STREET, CHICAGO.

Cineinnati Consolidated Sinking Fand
Coupon or Kegistered Bonds,

Proposals to bo In writing, signed by the party,
sealed, and indorsed *'Bids for Bonds," and addressee to the Trustees of the Sinkiug Fund, care
E. O. EiHlfiLBF. Secretary.
of

»
«
»
»
®
®

861

at 2 P. M;, for the purchase of

amounts.

3227 (« 2Jue
83U8 dD 2>04
84i«
2076
HBM
8587
25>9
2504
8590
8600
8608
8R06
8023
2656
8678
26S0
2693
2005 @ 870O
2804

407

477
4S9
B84

8001

8058
20HS
2151

®
2103
8165 ® 2I8R
2201 @ 8Z25

4U

4m
s
*iS
4M
^

^

^Numbers.

100

1%

104
SOS
97*

9,

&

Reed

f

n^tm ILLIXOIH CENTRAL RAILROAD CEALED PROPOSAI.S WILL BE BECOMPANY Uiw. under the right reserred to It
CEIVKD at this office until SATURDAY, July

by th« tonuB of it! tilx per Cent. Currency RcdemptloD Bonds, due October 1, 1800 (of the First Series,

XXXm.

and Iron Rail

MANUFACTURERS,
104 John Street,

NEW YORK

Rooms 10 &
CITY.

11,

xmm
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
|£utered, according to act of Con(?re8», In the year 1881, by

VOL.

Wm.

B.

Dana A

Co., In the •fflce of the Librarian of Congress,

SATURDAY, JULY

33.

CONTENTS.
THE CHRONICLE.
The Financial Situation
Our Ffrclgi! Commerce
The Commercial Power

Imports and Exports for May,
and for Eleven and Twelve
Months Ended May 31, 1881
Commercial
Monetary and
English News
Conmierclal and Miscellaneous

of

Congress
Bwiue ami Thoir Products
Cotton Conaiimption and Overlaud Movement to June 1
Financial Review of Jiine,18Sl

News

. .

change, U.S. Securities, Stato
Railroad Bonds and
Stocks
in
Prices at the N. Y.
KauKc
Stock Exchange

10
11

Railroad Earnings and Bank
Returns
General Quotations of Stocks

and

and Bonds

13

THE COMMERCIAL
Oommeroial Epitome

24
20

Cotton

]

I

15

16

Investments, and State, City
and Corporation Finances...

14

29
30

Dry Goods

and

idle capital the

world over

CoMsraRCTAL AND FINANCIAL Chkoniclb is issued every Saturday morning, with the latest neics up to midnight of Friday.

[Entered at the Post Office at New York, N. Y., as second-claas
mail matter.]

TERMS OF SUBSCRIPTiON-PAYABLE

IN

ADVANCE:

For One Year (iuoludiug postage)
ForBlxMonths
oo

Annual subscription
Sixmos.
do

iu

$10

20.

6 10.

London (Including postage)
do

do

£2

7s.

1

8.s.

is

is

so incomparably strong

so singularly abundant.

Who ever heard of a time when business was specially active
and yet bank directors met in their parlors week after week
without a single piece of commercial paper being offered for
discount ? This is what our down-town banks are experi.
encing now, even in the midst of this wonderful commer-

—

Or who can recall a summer the period of
the body of our crops has been moved
when we kept up each month a favorable balance of many
To-day we publish the
millions on our foreign trade ?
Government figures for May, and they show a merchan-

the year

when

dise balance in our favor of

Th*

Bubacriptlons will be continued until ordered stopped by a writlen
order, or at the puhlication office. The Publishers cixnnot Ite responsible
for Remittances unless ma<ie by Drafts or Post-OUice Money Orders.

AdTerllscmenta.
Transient advertisements are published at 2.5 cents per line for each
Insertion, but when definite orders are given for Ave, or more, insertions,
a liberal discount is made. Special Notices in Banking and Financial
ooluum liO cents per line, each insertion.
London and Liverpool Offices.
The ofnce of the Chronicle iu Lf)udon is at No. 74 Old Broad Street,
and In Liverpool, at No. 5 Brown's Buildiusrs. where subscriptions and
advertisements will be taken at the regular rates, and single copies of
the pai>er supplied at Is. each.

83«.

with such reasoning as the above,

cial activity.

22

TIMES.

Breadstufts

difficulty

C.I

that former years furnish no analogy for us now, mainly

because the commercial situation
9

THE BANKERS' GAZETTE.
Money Market, Foreign Ex-

NO

188L

2,

The obvious
is,

Washington, D.

last

year, while

$8,616,000, against $789,008

two months the favorablo

for the last

balance

aggregates

balance

of

$3,000,000

for

an

against

$20,000,000,

the

same

adverse

months

of

Then again was there ever a period during
which money ruled continuously so low ? When Govern
ment bonds paid only about three per cent and the best
1880.

railroad

bonds not

of capital

to

exceed four

for investment

country, but was a feature of the

And

then,

earnings at

?

When

was not confined

this pressure
to

any one

times the world over

?

any comparison in railroad
present with 1879, and how then can there be
finally,

is

there

any comparison of values ?
These suggestions, and others which might be added,
WILLIAM B. DANA, >
WILLIAM B. DANA & CO., Publishers,
clearly lead us to the conclusion that whoever is waiting
JOHN o. FLOYD, JE. i
79 & 81 William Street, NEW YORK.
POST Office Bo.\ 4592.
for a panic in which to make his investments is not likely to
A neat (lie cover is furnished at 50 cents postage on the same is be gratified this summer.
Of course stocks may decline.
locents. Volumes bound for subserilvers at $1 00. A complete set of
the COM-MEBCiAL AND FINANCIAL CUBOSiCLE—July, 18G5, to date- Low freight rates by canal and lake, such as now rule,
can be obtained at the office.
or a raUroad
naturally force lower rates on railroads
;

;

THE FINANCIAL SITUATION.
"While the general financial outlook

is

eminently

freight war,
satis-

engineered by

may produce

the

same

ofiicials

result.

for

selfish purposes,

These conditions

may
and

factory and promising, there are certain conditions which,

depress the stocks affected, but they are only special

when severed from

temporary influences like the storms of last winter, not
general or permanent, and are supplemented in part by

all

others,

can be made to wear as

squally a look as the most desperate croaker could wish,

and

most has of late been made of them. For other conditions of traffic and travel more favorable than
our banks last week in their returns gave a year ago.
their aggregate loans at 345 millions, against 285 millions
Still we are inclined to look at this rat« contest as likely
in 1880 and 253 millions in 1879, which is an increase of to be more continuing than we at first believed.
It
60 millions over 1880 and of 92 millions over 1879. Then is really a natural outgrowth of the low lake and canal
again, so far as these loans aro based on Stock E.xchange freights, and the latter are most likely in part induced by
the

instance,

values,

it is

quite trae, as

many

assert, that a

return to the

the taking off of the west-bound canal

tolls.

When a bushel

would wipe out the entire increase in of grain can be brought by water from Chicago to Buffalo
loans and furthermore it is likely that more than three- for 4^c., and from Buffalo to New York for 4J@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 the baseless values of 1873 were wiped out.
but make no time contracts (so that an advance can take

selling rates of 1879
;

THE CHRONJCLE.

the supply has been fully equal to the demand, and the
occasional advance to 6 per cent has brought out liberal

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

moment

place the

[Vol. XXXIII.

it

immediately

offerings, so that the rate

to

fell

about

3^@4

The rates for domestic exchange at interior
points show little change, the most notable being that at
rate is $1 00 per $1,000 discount,
lake and canal rates may advance somewhat, until they Chicago, where the
be sent from this point, while at St.
gold
to
enabling
thus
figures.
year's
last
approach
more nearly
Of course the fact that the present crop is a late one, Louis the rate is par. This condition of the exchange at
whereas

per cent.

Chicago

crop was an early one, influences the

last year's

Besides, the circumstance of

question of rates materially.
later maturity is used

to

due to the heavy movement of grain at that

point.

The Treasury

give greater plausibility to the

much smaller production. Up to this time,
we see very little to substantiate the small-crop
The States east of the Mississippi are expected

is

operations of the week, exclusive of the

$1,200,000 gold from San Francisco, have

of

claim of a

transfer

hc5Vever,

resulted in a gain, which

is

a loss to the banks, of $342,-

payments by the Assay Office for domestic
assertion.
to furnish less, but no other fact is really established as and foreign bullion have amounted to $21,824, and the
yet, except the obvious one that west of the Mississippi the following shows the daily receipts by the Treasury from
acreage has been largely increased; how largely is almost the Custom House.
wholly surmise.

On

of an under-estimate,

are in favor

that point the chances
for

the tendencies during late

all

years have been towards enlarging production.
feature of our recuperative movement,

not spent

Then

itself in that section.

and

more business

amount

of decrease

outlook

ment

is

our roads

is

of

not unfavorable

—

;

constantly with the expansion

it is

...

27....

the same

"
"

29

"

30....

its

Gold.

U. S.
Notes.

06

$62,000
149,000
136,000
151,000
154,000
146,000

$15,000
6,000
9,000
25,000
19,000
20,000

$2,474,032 27

$798,000

$94,000

are

traffic

of our indus-

no surprise (notwithstand-

.f278,994 34

393,575
371,779
491,766
468,965
468,951

25....

28....
...

Total...

move-

and consuming power.

In view of the foregoing,

24

"
"

wheat production

only delayed whereas travel and general

increasing
tries

for

Juiie

76
03
20
89

same

Silver
Stiller
Dollars. Certiflcates.

2,000

$202,000
239.000
227,000
319,000
296,000
302,000

$4,000

$1,585,000

$1,000
1,000

The following shows the net Sub-Treasury movement
week ended June 30, and also the receipts and
shipments of gold and currency reported by the principal
for the

banks.

ing some decline in prices) to find in general a firm undertone to the stock market, and more especially since all
the other developments of the week have tended in the

of—

Duties.

and

production would lose them in

Hence even on the question

Illinois.

the

in

railroads than

for

Date.

force has

its

a larger produc-

to,

Consisting

It is the

tion west of the Mississippi furnishes a longer haul

therefore

The

487.

Into Banks.

Treasury operations, not

$
971,000

OutofSanhs

Net.

$342,487
1,542,000

$342,487
571,000

The early movement downward was ar- Interior moyement
by purchases by parties who had been waiting for
Total
$971,000 $1,884,487
$913,487
the decline and also by the manifest scarcity of leading
The following gives a detailed statement of the receipts
Then again, contrary to general expectation, the
stocks.
at and shipments from New York by the principal
settlement on the London Exchange caused not the least
banks.
flurry at that centre, and it was followed by a very strong
market for all American securities.
Furthermore, the
Xeceipts at and Shipments from N. Y.
Heeeived.
Shipped.
closing up of Mr. Windom's operations for extending
Currency
$971,000
$972,000
the 5 per cent bonds was encouraging, since now that the Gold
570,000
exact amount of registered bonds which could not be
Total
direction.

rested

$971,000

extended

is

ascertained,

issued for them, and

it

is

supposed that a

meantime payment must be made

of

the balance of the coupon bonds not extended.
Finally,
as the week closes the extremely favorable exhibit of

ihe

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
make some little alterations in

figures will probably
totals,

in each of the principal

Internal revenue.
Ulscellaneoos ....
Total.

Exprnditurtt—
C'lvlt and miAceUanooaB.

War
Navy
Indl.tns

Fcn«lou8
Interest on luibUo debt

this

week and

at

final

June 30, 1881.
Gold.

Silver.

July

Fiscal Tear

1680.

1881.

Eatimuled for
1881.

$180,522,064
124,009,373
22,995.172

$197,250,000
135,000,000
31,000,000

$195,000,000
130,000,000

$333,526,610

$363,250,000

$330,000,000

25,0t;0,000

Bank of England
Bank of France
Bank of Gennany

^Tlie
of

$57,508,850
38,110,016
13,536,984
5,945.457
50,777,174
05,757,575

$65,666,432
40,894,457
15,381,588
6,510,745
50,292,246
84,571.478

$56,350,000
41,000,000
15,000,000
6,630,000
50,000,000
91,000,000

$267,642,957

$263,846,949

$260,000,000

62,786,971 70,395,790 70,956,905 (>9,332,354
62,424,437 70,405,300 71,729,262
69,431,034

above gold and

silver division of the stock of
coin of

eatuuate, as the

Bank

itself

the

gives

tliat point.

The tone of the foreign exchange market
has been 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 imparted
and an insignificant demand
for

active during the week, but

Silver.

£
,

Germany 19 merely popular

no information on

1880.

7,235,419
29,319,390
26,040,032 50,104,270 31,935,515 49,923,354
9.502,520 20,231,520
9,702,000 19,404,000

Tot.al this -week
Total previous wcok

Bank

1,

Gold.

S.

Fiscal Tear

Money has been moderately

European banks

the corresponding date in 1880.

these

Rrceipit—

Total

The return of the Bank of England for the week shows
a gain of £200,000 bullion and tliat of the Bank of
France
an increase of 4,595,000 francs gold and 1,356,000 francs
silver.
The following table exhibits the amount of bullion

but they are stated to be very nearly correct.

Customs

$1,542,000

call will be

the

anything

settlement of
is

merchandise balances. Scarcely
being done in securities by cable,
although tho

THE CHKONKJLE.

JUI.T 3. 1981.J

now

indications

margin of

showing

more

The increased activity in all departments of trade and comby the merce, augmenting the purchasing power of a large mass
London and New of the people, and thus favoring an increased consumption
of goods and acting as a stimulus to higher prices
not-

active

prices in

relative

—

at the ojiening each day.
June

Jttne 37.

buainess.

transactions will bo seen

profit for cable

following,

York

to a

point

<r»n«

88.

w.

withstanding

JvneaO.

JltlV

Lond'n s.r. I.ond'n N.Y. Loiul'n iv.r. Umd'n W.V. Lond'n N.r.
pHCM. prieet.* prices. prtca.' pHcM. prUu.' prlcn. pricet,* pricet.

price:'

urost

U7X

ti8a7t

O.S.fc.c. 108-7B
4«-80
Brie

lOSW

iag-«s

«6M(

Sdoon. lOS-^S
ni.Cent. lM-90
K. V. C. IM'SS

lOSM

4 5-78
t(M'M

MOW
ua

WTOt tOH

ReadlDK

U-H

tlS'TD*

108«

l(a-77
46-78

tlTM n«-7H» 118
I17-1M* IITM*
108)t 10801 loan 10318 100)4«

MM

45>i

46-46

18816

103X
IS8K

103-18
189-86

140

140-10

U5

146-46

143

116 67

68

2»'ie*

14666 146
soost 60

«8«

JS9-74

!03M
ISO«

U^'SS
i»-4St

I08-80

B8H

46-70

46W

vxm. 10818

108«
140X

146
8018+ 61

Bioh'g«,

«•«<<

4-87

cables.

4-8ew

4-«6^

4-86M

k

Is

these aids to speculation, there never

when general

was

trade was in a healthier, sounder and

more conservative state than at present. Never before
did the commercial situation present such an encouraging
and 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

and demand. Prices as a rule are reasonable.
The instances where this is not the case are few. The
of supply

Bxprnnaed in their New York equivalent.
* ReadlnR on basis ot $60, pur value.
*

Kx Interest.
NoTK.—Tlie New York Piinlvalont

all

1.

a time

U.8.««,o.

3

based upon the lilehRnt rate for
all eharKos, ftucli as

nuble transfers, wlii(-h ordinarily covers nearly
Interest. Insuruuco uud uuiuuimsions.

movement

in foreign goods has not

natural proportions.

The Government bond

In truth,

been swollen to un-

when we bear

in

mind how

market has been steady to
favorable has been the opportunity for a contrary course,
strong, and dealers report a good demand from investors
it appears marvelous how steady and wholesome
barring
for the '-Windoms" and the 4 and 4^ per cents.
It is
the speculative mania which ruled for a brief period early
expected that now the option for extending the 58 has
in 1880/
has been the growth in this department of our
expired, the business in Government bonds will improve.
foreign trade since the revival of business activity.
The
The call for the payment of the bonds not extended will
growth has kept pace with a healthy, natural increase in
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 conbanks 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
When all the bonds now on the
to the London agency.
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
OOO 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 Secremercantile 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 sura 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 Maj 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
tkeir continuance.
look elsewhere for facts in support of his gloomy forebodings.
The following statement shows the imports and
OUR FORFAQN COMMERCE.
exports at the leading ports in May and since January I,
The May statement of the commerce ot the country
this and last year.
presents a continuance of the favorable conditions that have
,

marked

EXPORTS AND IMPORTS OF MERCItASDISE AT

To be

sure, the balance in

large

as

is

our favor

of

little

importance.

It is

that the balance will be as heavy in
inactivity

of the crops
active.

This

is

is

month

not this

the hionths immediately preceding.

in

however,
tive

D. B.

POUTS.

the coarse of our foreign trade for so long a time.

May

as
is
is

in

the season

at its highest

as

not to be expected

when
all

the

movement

trade

peculiarly

New York
New Orleans...
Baltimore
Boston
Philadelphia...

San Francisco

fact that the exports in that

month

.

All other ports.

one of the dullest months in the year.

shown by the

May,

Foreign.

May.

Since Jan.l.

Si7iee Jan.l.

That,

a period of compara-

and

Exports {Domestic

and

1880

1881.

Total
•

30,582,922 155,721,415
7,020,512 50,168,68-;
4,978,934 25,280,780
5,835,541 30.807,025
2,858,263 15,150,494
2,299,004 16,0J0,96(10,532,755 68.^;95,43^

35,487,215 153,363,809
7,-241,309 50,450.123
4,320,527 26,888,490
5,805,013 25,3.50,624
3,831,860 16,746,706
1,489,515 11,446,136
7,485,038 56,285,220

64,107,931 331,370,804

65,666,477 340,531,408

Imports.

34,884,,911 182, 178,155
41,384,438 223,629,768
were smaller than in any other month of the present fiscal New York
1,870,,227
1,280,366
New Orleans...
5, 709,663
5,178,430
1,453,,991
6, 911,343
1,672,043
9,022.774
year.
They were smaller, too, than in May, 1880. Yet Baltimore
Boston
6,«63,,904 29, 203.217
0,695,755 36,537,769
3.449,,137 13, 221,611
4,881.097 19,346,461
in May 1880 the excess of merchandise exports was only Philadelphia ...
2,408,,810 13, 616,53t
2,382,879 13,283,087
San Francisco
4,760,,092 17, 556.90(i
3,579,50:' 13,987,366
$789,797, while for May, 1881, the balance amounts to All other ports.
55,491,072 268,427,431
Total.
64,876,680 320,985.«55
The change was brought about, of course, by
$8,616,859.
a diminution in imports, which are $9,385,608 below those
It will be observed that although there was a smaller
for May last year.
provisions movement, a smaller- breadstuffs movement and
.

This discloses the truly conservative basis upon which our
trade

is

being carried on.

Notwithstanding the speculation

a smaller cotton

movement

that has prevailed and is prevailing in Wall Street, which At New
would naturally tend to breed the same spirit in commer- nearly 5 million

notwithstanding the enormous additions to our
eupply of active currency, tending to inflate values, notcial circles,

in

May

this year than last, the

only about 1^ millions less.
York, however, there is a falling off of pretty

total value of the

exports

dollars.

is

The decrease

is

more than

accounted for in the three items of breadstufifs, provisions
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

THE OHRONKILE.
Baltimore's exports were

$400,000.

very decided gain in

its]

EXPORTS or BRCADSTUFFS DrRING MAT ANI> SIKCE JAN.
,

larger because of

May.

Ios» in cotton, so that the totals of

Corn

Philadelphia suffers a

Oats

than a million

loss little loss

dollars, the explanation of

which is found in the breadstuffs
San Francisco's exports have run
May, 1880, to $2,299,004 in May,
$469,140 was made on breadstuffs,
on other

The

articles.

leaving about $340,000

are brought together in

the subjoined table.

1880.

18S1.

Hay.

BreaiUtnJfg.

PbUad('Ii>hia
.
San FruuclBCO..

OUier

Uau-

19,804,575

20,032,441

28,374
17.694,512
506.149
49,642
621.095
53,965.938
18,509,436

296,835
26,271,465
400,390
86,406
832.161
52,328,357
13,879,281

91,375.196

94,100.895

1

Since

Jan .1.

Barley ...... .bust.

Com

.bn8h.

Corn-meal
Cat*
W^heat.'

. .

.".!!.';

Wheat-flour

.bbls.

.

.l>iiftli.

.bush.
.bash.
.bhl6..

425,363
46,748,798
137,302
180,285
901,603
38,675,784
2,294,826

5t,245
30,638,736
175,497
97,856
578,286
48,086,288
3,277,748

In provisions, high prices have again checked the movement. 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

10,797,331
1,002,3.58

15,671,543
6,702,761
7,230,184
5,118,395

3,023,201
1,001,862
2,184,722
676,333
1,346.504

44,123,781
4.70 1,9 r 6
17.578,113
5,468,619
9,038,892
7,706, J79
5,482,625

10,804,575

91,375,196

20,032,44:

94,100,895

6,016,918
6.013
662,983
1,514.007
430,475
29.687
412,539

40,610,704
119,357

10,506,0<(;

12,665
5,246,213
101,788
33,035
163,790
11,332,074
3,142,870

$
.=>,905.8b7

.

W beat-floor

.busb.
.buBb.
.busU.
.bbl8

$

9,528
4,221,430
117,677
11,542
52,322
11,684,719
3,707,357

\Sincc Jan.X.

40,240,400

i>orta

Total........

Since Jan.\

8,S06,0I4
1,446,316
3,016,338
1,793,950
1,319,029
1,14.%493
2,277.435

Baltimora
Boston

W'lltrat

Total

eXrORTg OF BREADSTOrFB AJO) PBOVIBIOSS FROM LEADnfG POnTE.

Wewyork
Vew Orlruu

Rve

23,773
0,930,836
37,168
72,871
188,698
8,732,376
534,438

14,471
7,286,263
39,666
22,186
45.469
9,958,252
639,429

Total

breadstuffs and previsions exports

at each of the six principal ports

.tasli.
busti.
..bbl8.

.

and provisions exports.

up from $1,489,515 in
1881.
Of the increase,

1880.

$

almost entirely offset by a heavy diminution in provisions

and a somewhat minor
the two years do not vary much.

1881.

1880.

1881.

breadstuffs exports, but this is

1.

Talue.

Quantitii.

Boston shows a

heavier provisions and cotton shipments.

[Vou XXXill.

May,

1880.

For the

aggregate values are

five

first

still

months, however,

the

above those for the correspond-

ing period last year, the increase of the early months not

Annexed

yet having been wiped out.
EXPORTS OF PKOVIStONB,

*C.,

IN MAT,

are the figures.

AND SINCE

JAN.

1.

Provisions,

Mew York
Kew Orluttua
Baltimore
BODtUII

,

Fhihia»l|>lila

San Kraudtco

.

Ottier i>orl«

,

Total

At

9,092,652

—

the Other ports

3,65S,63(
12,052,17?
3,034.33h
159,l9i
1.930.S2t

61,565,2

38,823,081
78,808
390.583
2,862,983
2,295,S24!
9.431,504
6b3,035
3,123,267
8,269,114
7,747

33,49.1

158,5.30

163.413

1,624,300

ll,822,Pll| 56,109,673

except the six separately

—

The

May.

1881.

table further below, wliich includes the

more prominent

ports,

about $550,000.

The

shows an augmentation
heaviest increase,

takes place at Galveston.

only

of

will be seen,

it

Brazos, Texas, not embraced in

the table, reports a gain of about $ 1 30,000. Brunswick, Ga.,

Talue.

1880.

l.ard

Butter

13,202,890
26,965,119
29,009,179
6,050,256
8,551,039
1,201,970
8,571,253

11,391,769
73,32.'.,397

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

Total
Since .Jan.
Beef, fresh

1880.

1,179,120
2,466,182
3,218,855
506,116
580,807
206,238
935,334

877,744
5,347,682
2,827,989

9,092,652

11,822,911

5,806,509
27,876,703
16,312,404
3,838.100
2,524,129
1,493,039
3,714,361

4,889,247
26.277,893
14,071,677
2,488,250
3,503,526
2,053,778
2,8-3,297

61,563,225

56,109,673

488,626
869,155
409,073
1,002,642

1.

and

Bacon and hams
Lard
Pork
Tallow
Butter
Cheese

1881.

$

Beef, fresh and

Bacon and hams
Pork

^thatis, all

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
cotton ports.

Pounds.

66,381.395
328,941,291
160,839,515
48,794,067
37,'J99,001

7.432.567
32,023,771

61,954,319
372,333.585
179,932,122
38,021,117
49.034,797
10.113.192
22,503,308

Total

added $106,000 to its last year's total. But the most
decided improvement that has fallen to the lot of any
TEE COMMERCIAL
OF CONGRESS.
minor port, occurs at Huron, Michigan, where the exports
The volume just issued of the Supreme Court reports
foot up $1,145,625 this year, against only $453,589 in
May, 1880. Breadstuffs and provisions contributed chiefly contains several interesting decisions upon the commercial
to this result.
Various other unimportant points from power of Congress. For years past the views entertained
Maine to Florida and on the Pacific Coast also exhibit of this power have steadily expanded. The recent decisions
small gains, and under the head of "all other customs dis- pursue the same general line, and present the subject in
tricts" the Bureau of Statistics reports this year a total of aspects both new and important.

POWER

—

—

$1,526,543, against but $343,328 in May last year, sbowing that the increase was widely distributed. The exports

subject to national or State authority.

at the leading cotton porta were as follows.
EXI-ORTS or MF.RCHANDtSC

FKOU

CtiftrlrAton

May.

..

813.1.^

Galvt-Hlou ...
Molille

2,0118,070

1880.

Since Jan.!.

10.019,562
I.^.IC^.O?!!

432.224

Korfolk. &e..

t,.(XJ6.182

33ll,.-t4»

ftavniiiiaU ...

^20,6;3
129,422

.\8^'0,418
li:,S87.«73
1,664.0721

4,336,0!>2

48.623,378!

WlUiiiugton

.

Total.

Examining the

itay.

Since Jan.l,

$

839,967
899,364
782.471

8,462,185

8(m,fil7

5,814,265
9,608,768
1.512.105

233,482
1»2,387

7,>i,'i0.27I

5.22.^,S!I5

3,777„M8 38,503,489

details of the breadstuffs figures,

Every one under

stands that by the Constitution Congress regulates commerce among the States, but has nothing to do with purely

LRAbl.SO COTTON PORTS.

1381.

roru.

One of the cases involved the question whether a voyage
bstween parts of the same State but upon the open sea is

internal
commerce of one State. But what of a
voyage along the Atlantic or Pacific coast, from one place
to 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

we

San Diego, both within California. She was wrecked,
that there are to be noted the same features as in
previous and shippers of cargo sued the
owners of the vessel for
months. The diminution in corn exports still continues,
their loss.
A familiar law of Congress limits the liability
while wheat and wheat flour again show very
decided of a ship-owner for such a loss
to the amount of his interest
gains on last year. The two counter movements
almost in the value of vessel and freight;
and the owners of the
balance each other, so there is a difference of only
a little Ventura invoked the benefit
of this law.
"It does not
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 Calimailer in that amount. The annexed table
exhibits the fornia."
"It does apply," answered the ship-owners.
detaiU for May and for the first five months
of the year.
" because she was navigating
the high seas."
The Court
find

JCLT

2,

THE CHRONJC^LE.

If 81.

goaUios the latter

{X)8ition,

holding that the ocean belongs

son selling like things

made

An

Virginia.

in

agent sent

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-

to

ao one

and a

nation,

vessel crossing

it

engages

in a

such laws as the commercial nations

ftnd she is subject to

commerce.

ginia law void because

it

attempted to discriminate against

came from New York.
though not trading with other nations, she is A similar opinion was expressed against a Texas law
engaged in commerce with foreign nations. 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
witliin the State.
subject to the national governments
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
In short, the manufacturers and merchants of
forbids a State to act, or only in that sense which allows a home.
One of the every State are to be secured, by means of the commerState to legislate when Congress does not.
and the Court cial power of Congress, in enjoyment of equal privileges
recent cases involved this question;
of the world have established

for

In every

the machines merely because they

just sense,

explained that the commercial power embraces a variety
of subjects; not only

traffic,

in

every other State with residents.

but also navigation, and even

SWINE AND THEIR PRODUCTS.

improvements of rivers and harbors, and such subjects as

and admit and require uniformity
are local, and can be regulated only
to the localities.

of

regulation; others

by provisions adapted

All commerce which consists in exchange

and needs a uniform rule.
of commodities
Congress alone can prescribe the rule; if Congress does
is

not

act,

The

S>jnj of these are nitioaal in their character,

pilotaga.

the result

is

national,

not that the States

the commerce in question

may

act,

but that

is free.

—

&c.

recent course of the markets for perk, lard, bacon,

articles

of food

which,

the vernacular of the

in

American trade, are, with more accuracy than euphony,
termed " hog products" has been such as to arrest attention and challenge an inquiry respecting their position in

—

its

relation to legitimate influences.

Mess pork is now $17 per bbl., against $12 50 one year
ago; prime Western lard is 11^ cents per lb., against 7^
cents one year ago; and long clear bacon is
cents per
9J^

But pilotage, improvement of rivers and harbors,
and some similar subjects, are local, and may be, lb., against 7:^ cents. What is the reason for this great
In particu- advance? The stocks of pork on the 1st of June in this
to some extent, a subject of State legislation.
lar while it is clearly constitutional for Congress to appro- market were 21,561 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,
were 212,000 bbls., against 207,400 bbls. on the 15th of
nel, erecting buoys, &c., yet this power is not exclusive in
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
This certainly shows no such
the States; but each State retains a police power and a power 265,152 bbls. last year.

marked reduction of stocks as to justify an advance of the
more than 30 per cent.
With regard to lard, the stocks at New York on the 15th
sustained a law of Alabama authorizing a county loan and
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 LiverThe 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 yeai'; 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 quesanti-discrimination laws, and other efforts of the States to tionable.
It should be remembered, however, that the
govern the companies, except so far as 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.
Ttv'o of the recent decisions involved laws such as sevAs to hams and shoulders, the stocks at Chicago, on the
over her internal commerce; these warrant her in making
local

improvements of navigation.

have at various times endeavored to

eral of the States

establish

duced

—laying

a tax on goods merely because pro-

in other States, or

men merely

Therefore the Court

upon agents and traveling

because coming from another State.

sales-

Such

laws have quite uniformly been pronounced void.

may

A

any description of merchandise within her
limits, or impose a license-fee upon any vocation or business.
But such tax must be alike and impartial on property and persons from all quarters.
There must not be a
discrimination against those coming from other States, on
that ground.
For example, a law of Virginia required
that any person who should sell or take orders for any
manufactured articles or machines to be supplied from
State

ta.x

price

15th of June, aggregated 99,600,000
lbs.

good basis for the decidedly higher prices that are demanded.
Exports of " hog products " have recently been much
smaller than last year.

From

the 16th of April to the

25th of June the exports of pork from the principal At«

United Sutes were 11,128,200 lbs., and
correspondmg perioi in 1880 they were 16,230,800

lantic ports of the

for the
lbs.,

a decrease of 5,102,600

The exports
341,000

doing business.

169,129,300

did not impose the same fee on a per-

against 83,800,-

;

other States, should pay a license-fee as a condition of
It

lbs.,

and at Liverpool, as
on the 15th of June, 1880
last reported, the stocks were 54,000 bxs. and tcs., against
Here seems to be no
39,250 bxs. and tcs. one year ago.
000

lbs.

of lard in the

lbs.

or about 30 per cent.

same period

this

year were 74,-

and for the corresponding period
lbs.,

a falling

off of

94,788,300

lbs.

last

year

or about

[Vol.

THE CHKONICLE.
The exports

56 per cent.

and cutmeats

of bacon

OVEBLAND KKOM SEPTEMBEK

in the

against 87,9o2 100
period were 53,723,300 lbs.,
In aU, there
period of last year.
lbs in the corresponding
months
two
in a little more than
is a reduction of exports,
ot
much
How
49 per cent.
of 134 119,700 lbs. or about

J0LY

1 TO

XXXIIL

1.

1880-81.

1879-80.

same

how much

to the ofBcial

From

is

cannot now be conjectured.
of American pork and bacon,
been felt, especially on the
have
Probably both influences
important factor in
Continent There the price is an
a staple article
diminishing or increasing the sale of even

season,

The exports of the
showed an increase

of

of April,

61,278,800

lbs.

over the previous

of March,

and extending

497,350

11,613

4,936

8,400
3,703
51,611

Savannah

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

Charleston
North Carolina porU
Virginia ports

5,984
10,236

7,590

542,940

575,338

509,799

568,256

terior towns
Shipments inland {not otherwise deducted) fromGalveston

New

Orleans
Mobile

to the first

the previous
1881, was 200,000 hogs, against 175,000

week, and 175,000 the corresponding week in

188(f,

compared with

this year as

last of

Total to be deducted

and

2,500,000 for
since' March 1, 1881, 1,870,000 hogs, against
decrease
the corresponding period in 1880, indicating a

630,000 hogs.

The smaller yield of lard during the regular packing
cold winseason, was attributed to the long and severely

296
14,806

463,203

.

Cincinnati Price Current,
of November, as reported by the
from last season. The
ofi
shows a considerable falling
for
the week ended June
packing
returns indicate that the
22,

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

—

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

of season,

first

21,418
82,546
41,326
10,172
63,852
76,808
28,037
13,062

1,052,739 1,113,594

Total gross overland

season to that date.
"West, out
The progress of the slaughter of swine at the
and for what is termed "summer packing,"

beginning on the

460,380
69,405
97,966
104,233

Louisville Cincinnati & Lexington
Kec«ipt3 at Cincinnati by Ohio Eiver
Southern...
Receipts at Cincinnati by Cincinnati
Over other routes
Shipped to mills, not included above

of Ameriand there the attacks upon the quality
vehement.
and
persistent
can packing have been more
to the 16th

388,275
38,401
116,479
139,363

Over

of food,

down

St. Ijouis

Oyer lUmois Central
Over Cairo & Vincennes
Louis
Over the Miaslsaippl River, above St.
Over St. Louis & Southeafitem
Over EvansvUle & Terre Haute
Over JeffersonviUe Madison & Indianapolis
Over OMo & Mississippi Branch

due to higher prices, and
and other attacks upon the quality

our exports

this reduction in

Since Sept. 1 shipped^

Leaving

total net overland*

.

This total includes shipments to Canada by
ber 1, 1880, amount to 22.341 bales.

The additions

for

June

rail,

741
28
980

which since Septem-

in the foregoing

make no

special

change in the comparative net totals for the two years.
incline to the opinion that the two remaining months

We

will most likely show a little falling ofi from the amount
produce the average
for July and August, 1880, as the interior stocks, which in
the
yield of lard when the thermometer is much below
good part supply this movement during those months, are
The smaller packing since the 1st of smaller now than at same date last year.
freezing point.
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
Packing is
maintain prices by withholding supplies.
On the first of June the excess was 800,537
of last year.
danger now
the
and
August;
July
and
during
always quiet
has been now increased, so that on
diSerence
this
bales;
maintain prices
is, that holders may feel encouraged to
Our usual
the first of July it reached 843,953 bales.
down to the beginning of the next packing season. This,

Swine

ter.

in

will not fatten so as to

facts that the

view of the

swine

heavier than last year, producing

sumption

everywhere restricted

is

now

table of receipts, exports, &c.,

more
more

lard,

that con-

or less

by the

and that farmers on the Continent are

higher prices,
giving more attention to the growing of swine, would

seem

is

as follows.

slaughtered are

to warrant the conclusion that there

may be danger

to the regular trade, through these speculative complicaIt is true, however, the prices are not now extions.

Movem'tfrom
Sept. 1, 1880 Receipts
July

to

1,

1881.

since Se2>t.

1,1880.
658,516

Galveston

15,178
Ind'nola, &c
New Orleans. 1,554.295

380,875
20,359
858,754

Mobile
Florida
Savannali
Br'nsw'l5,&c
Charleston
Pt. Royal, &c
.

.

4,855
615,899
49,97"
117,105

.

compared with those of six or eight Wilmington
Mor'h'dC&c
years ago, but they are much above the average of more Norfolk...

cessively high, as

recent years therefore the trade will not readily accept them,

City P'nt, ifcc
New York...

and by limiting purchases to absolute necessities, will
probably put it beyond the power of speculators to support

Boston
Baltimore
Philadel,&c.

them.

Total

;

Exported since Sept.

CONSUMPTION AND

OVERLAND

MOVEMENT TO JULY
With a free
bring down to

use of the telegraph,
the

first

we

—

to

Britain.* France,

51,128

305,368

86J,929 323,465
80,536 24,774
197,998

37,866

170,588
27,840
57,146

61,9 10

July

Continent.

Total.

107,308

483,801

1.

32,148

351,910 1,538,301 111,833
9,409
112,729
7,419
5.086
8,663
505,778
206,163
9.630
11,22j

438.661
37,170
69,812

3,822

'2,850

9,922

325,012

9,973

373,986 '36,754
107,570
108,267
65,360

101,314

i',444

49
1,314

30,3 2 '2

702,915
209,033
170,104
170,817
19,037
73,215

. .

*

1880,

Stocks

Great

'

312,240

•2

29,468
102

515.054 151,107
107,572 10.340
0,198
137,7;!5
8,250
65,462

5,681,281 :,669.828 540,191 1,107,371 1,317,393 358,512

Total 1879-80 4,837,33812,476,598 361,570

COTTON

1,

836,232 3,671,100 269,841

Great Britain exports include to the Channel.

Using the

facts disclosed

by

the foregoing statements,

1.

we

are able to-day to

of July our cotton overland

move-

ment.

which has reached
overland, and the
September 1, 1880 and 1879,

find that the portion of the crop

a market through the outports and

Southern consumption, since
are as follows.

OVBBLAND MOVEMENT TO JCLY

1,

1881,

Compared with last year the gros» movement during
June shows an increase, reaching 50,449 bales, against
44,370 bales for the same month of 1880. The net movement for the month is also in excess, being 11,167 bales,
against 7,418 bales, last year.
The total net overland now

1880-81.
Receipts at the ports to June 1
Net shipments overland during
Total receipts

ten crop months of 1880-81

jiK arc

bales.

as follows.

1

6,191,080
195,000

5,405,584
167,000

bales.

6,386,080

5,572,584

bales.

Total to June 1

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

The

4,837,323
568,256

same time

Southorn consumption since September

increase in the quantity

1879-80.

509,799

bales.

5,681,281

marketed during the first
thus found to be 813,496
To determine the portion which has gone into the
is

IDLT

a.

THE CHR0N1(;LK

1881.J

hands of Northorn spinnors daring the same period, we

is

have prepared the following.

the capacity of northern spindles to manufacture goods.

baloa. 0,396,090
Total rooelpU to July 1, 1881, aa ahOTO
Stouk on hand commeua jmeut of year (aept. 1, 1880)—
60,100
AtNnrllKMii ports
77,310-137,419
At Boutliorn porta
3,990— 141,418
At Providence, &o., Nortlioru Interior markets ..

becoming quite evident that consumption has overtaken

There was a time

when

stocks

-in

in the spring after the freight

first

hands were a

blockade

heavy, but

little

it

waa

only because interior stocks could not be replenished and

were therefore at a minimum. Since then the country
merchant has had to keep buying to satisfy daily consumption.
As a natural consequence, an unusually good trade
during late spring and early summer has been in progress,
22,341
Bent to Canada direct from West
and to-day the supply of cotton goods resting between
8,683
Burnt North and South
manufacturers and consumers is lighter than almost ever
Stock on hand end of month (July 1, 1881)—
176,195
At Northern ports
before at this stage of the season.
Towards the close of
182,347—358,512
At Sonthem ports
this month the condition is compai-atively quiet on the
10,722—1,711,490
At Providence, &o., Northorn Interior markets..
approach of "stock-taking," which, as usual, causes
1,316,008
Total takings by spinners since September 1, 1880
many buyers to hold aloof from the market. But there
195,000
Taken by Southeni spinners
has been a large movement on account of former orders
1,021,008
Taken by Northern spinners since September 1. 1880
throughout the entire month.
Manufacturers' agents
Total supply to July 1, 1881
Of tbla Bupply there haa boen exported
to foreign porta since Sept. 1, 1880 .. 4,317,393
6,191—4,311,202
Leis foreign cotton Included

6,527,498

Taken by Northern spinners same time

1,527,000

In 1879-80

experienced a specially brisk
Increase In takings by Northern spinners this year, .bales.

The above shows

94,009

Northern spinners had up to

that

demand

for cotton flannels,

leading makes of which are sold ahead until next October.

Values of brown,

bleached and

colored cottons were
and standard sheetings and drills were
advanced ^c. to ^c. per yard in the early part of the month.
AMOUNT OF CROP NOW IN SIGHT.
Printing cloths were comparatively quiet and closed a
In the foregoing we have the number of bales which
fraction below opening quotations.
have already been marketed this year and last year. An
additional fact of interest is the total of the crop which
1881.
1880.
1879.
was in sight on July 1. "We reach that point by adding
Cott'n Print- Sheet CotVn Print- Sheet- Ooll'n Print- Sheet•

July

1st

taken out of this crop 1,621,008 bales.

the above

to

the

In this manner

years on July

1

to

be as

by them

we

at the

two

follows.

1881.

1880.

bales.
Total marketed, as above
Interior Blocks in excess of Sept. 1

6,386,080
60,000

5,572,581
68,000

bales

6,446,080

5,640,584

Total in slKht

This indicates that the increased
date of the present year

is

movement up

805,496 bales.

Hence,

to this
if

there

be no further gain in the amount received from
plantations for the remainder of the season, the crop even
then would reach 6,563,000 bales.

were

middling.

beginning of

find the result for the

to

Whs

1.
2.
3.
4.
5.
6.
7.
8.
9.

107ie
lO'ie
107i6

10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.

It

may

be well to say again

that,

for comparison,

bales.

we

are

compelled to retain in our table the weights for the whole

some instances we have found

of last year, as in

it

quite

impossible to obtain returns for the same ten months of

24.
25.
26.
27.
28.
29.
30.

The above

Tear End1,

I8S1.

',ini/

Texas
Louialiina

Alabama
Georgia*

South Carolina...
Virginia
North Carolina.
Tennessee, iic

.

Number of

Weight in

Average

Average

Utiles.

Pounds.

Weight.

Weight.

673,694
1,554,295
380,875
883,968
605,871
911,918
147,127
1,108,002

Total
•

343,597,413
748,175,441
193,484,500
424,304,640
313,645,217
431,606,749
6a,243,513
581,001,000

6,386.080

3,108,058.473

501-15
476-00
509-89
477-00
466-00
468-00

510-02
481-36
508 00

48000
47103
473-28
469-68

4710O

500 00

490-00

486-69

481-55

Including Florida.

It

will be

movement up

to

July

1

shows a decrease in the average weight as compared with
June 1, the average on June 1 having been 486.-80 lbs.
per

bale, against

486-69

lbs.

per bale on July

1.

THE COTTON GOODS TRADE IN JUNE.

The course

of the goods

market

month has further
the probable demand

this

confirmed our views with regard to
and the general strength of the manufacturers' position. It

4

Sifl

ll'Jie

4

8I3
8I3
S-a

111*
11»16

8.

117l8

4
4
8.

31»
315
31B

8i«
8I3
8I3
8I9
81s
SS,

S.

8.

4

4
4

8.

10%
10%
10%
10%

315
31B
315
315

81a

ings,

ings,

tovj

S.

U'ls

4%
4%
4%
4%
8.
4%
4%
4%

1213,8
1215,6
1278
1211,6

8.

12%
12Si

414
414
414
8.

8.

414

8I4
8I4
8I4
8I4
8I4
8I4

4%

11 '16

4

ll'ie
ll'is
ll'ie

4

4
4

8.

4
4

81a
8I3

11%

4

1114

81s

Ilk

8.

1114

4
4
4

8>4
814

8I2
8I3

ll'is
11^18

8.

11V»
113,8
113,8

cotton,

8»*
8>4
8I4

8.

8.

i>

8I4
814

8.

8.

8.

41a
41a
41a
41a
41a
41s

81*
8i«
81s
81a
8J3
81a

12
121,8
121.6

f4«

4%
4%
4%

e^
814
81*

8.

413
41a
41a
47,8

121,8
121,8
121,8
121,6
121 18

t>
4%

12%

8I4
8I4

123,8

8.

81s
81s
81s
81s
81s
81a

8.

8.

4%

81a

8.

low middling upland at

m \nafacturers' prices

B.

8H
an
8^

8.

1115,,

S.

S.

4I4
414
414
414
4>4
414

1213,8
1211,6
129,6
12»,8
121a
127,3

12%

SH

4
4
4

S.

123,0

8.

S.

814
8I4
914

are— For
to

8.

914
914
914
914

914
8I4
8I4
8I4
8I4
8I4

8.

ll'ia

9H

New York;

for sheetings, agents' prices >

;

an average discount of 5 per

cent.

1881,

The month of June closes the first half-year of 1881,
and without exaggeration it may be said that the course of
financial affairs is yet in the ascendant, and the general
buoyancy of tone is yet unbroken. In the unparalleled
success of the Government loans
in the floods of money
;

pouring into financial enterprises

in the high prices for

;

everything sold at the Stock Exchanges

ume

of mercantile business at

months

of 1881 has

;

in the large vol-

healthy prices, the

first

six

been unmatched by any correspond-

ing half year in the history of the country.

To show

noticed that the

ing

FINANCIAL REVIEW OF JUNE,

Sept.l,

1880.

II^IB
ll'is

1^16

8.

prices

11%

8l2

81a
81a
8I3

for priutiug cloths,

I

Ten ilontht Ending July

S.

S.

315
315
31
315
315
315

which are sublect

1879-80.

115,8

8l2
31a

4
4

8.

107,8
107,8
107,8
107,6
107,6
107,8

Imo

4

4
4
4

8.

107,8
lO'is
lO'ie
107,8
107,8
107,6

ings,

mid- cloths. stand mid- rtoths. stana61x64 ard. dling. 64i64 ard. dling. 64x04 ard.

cloths, stand-

3.

107i6
I07i6
lO'is
107i8
lO'ia
lOTis

23

WEIGHT or BALES.
"We continue below our statement of the weight of

ing

low

June.

remaining at that date at the

stocks

interior towns, less stock held

the season.

steadily maintained,

the general statistical

with former years,

which

is

after

giving

as

compared

the following table,

published every month in this Financial Review^

but which

and

situation,

we bring forward

is

it,

mass of tables before
worth and comprehensiveness, in
at a glance, is apt to be over-

so heavily buried in the

that

its

real

" the situation "

looked.

The following summary shows the condition of the
Clearing House banks, rate of foreign exj

Xew York

THE CHRONICLE.
securities and articles of
change, and prices of leading
July in 1S79,
merchandise, on or about the Ist of

1880 and 1881:
KATOTtCAl. 8CM1CXRT

OR ABOUT JCLT

Ol,

1879. 1880

1.

AKD 188L

JUNE. 1881.
CLOStNO PRICES OF GOVERNMENT gECPRITIES IK
6»,

6»,

II8I4
11S38

ITfw

> 34.5,490.700

JUmuu and dUoounto.
Bpeeie
dreulatlon

Net

depoetta

Legal tenden
Legal reserve
Kceerve held
Surplus
Uoneii, Exehangt, Silver—

32>1

olM.

Silver In Ix)ndon, per oz

Prime

sterliiiK bills,

States

Botult—
103
133

3H>

illroad Stock*—

New York Central Ic Hud. Rlv.
Erie (N. Y. L. E. i W.)
I-ake Shore A MicU. Southern.
Central
Chicago Rock Island * Paci«c
lUinois Central
CWcajro & Nortliwe«tern, com.
Chicago Milw. & St. I'aul, com.

Miclili;:in

I^ack.

S.

103%

A Western

1

om-1 04%

1

03=81 03?j

I

09V1

Jutie.

II7I9

xl08^

146
46 13
126
101
142

1275»

118%

40

28

2
3

14014
127>9

105

10

_S'£.|
;j

7314

4

921s

74%

106%

1371a

5
6

66 14

7914

5433
5SS8

77%

...

52%
10198
661a
Central of New Jersey
tlerchandiiK12'16
ni»i«
11»1«
Cotton. Mlddl'g Uplands. V lb.
31®42
42® 17
Wool, American
V t>. 34942
19 .50
Iron, Amer. pig, No. 1..W ton. 23 00-24 00 23 00»27 00 18 50®
1 171a® 1 18
Wlieat, No. 2 red win. ^J bush 1 27>4®1 28 1 I7IS-I 19
46>2®50i2
a
40 13 '4
com. Western mixed.. |1 bush 53a56i9
1025® ....
..
.... 12 23»
Fork, mess
1? bbl. 17 00®

XX

11

12
13
14
15
16
17
18
19

117'8
1031a

118

lom

IISI4
11838
117=8
118

134
134
134
134

SECURITIES AT LONDON IN JUNE.

V.S.

4%S

5»o/
June.

4»o/

1881. 1891. 1907.

s

ft

11V%
117%
117%
117%
1003,8 105% 117%
1003,6 105% 117%
106
106
106
1003,6 106

20
21
22
23
24
S.
23
Holi day
26
121
118
iooiie 106
27
120%
1001 18 lOr.19 118
99i5if IO514 1171a 120 "a 23
1001 16 IO5I2 117% 12013: 29
1003i6 103% 117% 120% 30

7
8
9
10

88%

9iait

"s."

103 13

117%

1003,6

xOOllis 10ti% II312 121
1007ie 106% II8I3 120%
1005,8 106 la 118i« 120%
120ii!
1003i6 106% USia

1

107^

131

..

117%
117%

1031s 113

11538
IO414 11533
11478
Low. 1027t 103
103 12 113
Clos. 103

4ia9
is of
.5»o/
1881. 1891 1907.

12214

103\

118
118

PRICKS OF CONSOLS AND

Xl01»8
106 «
xlOl-8

126
123 >«

. .

103 14
10338 lOS'e
11478
10318
i

..

Open 104
High 104

10338 1031%

3is96
3i4®4
51%d.
4 86-4 861a

124»s

llo

48 of 1907, coupon

Delaware

52^^^d.

4 84-4 84H

1 84-4 85

60 days..

Cs, 189 1 , i-ou. (continued at
6e, ciirreupy. 1898
6e, ISSl.fimpon
4>2». I*j91, coupon
Jt

2a3i«

293

Prime paper, sixty days

VniUd

10314

$

loans

Crtll

•28.'i.905,100 253..'^73.500

19.666,400
77.091,300 y3.2iO.lOO
19.144,300 19.620.000 20.371.300
226.113,600
313,640.800 277,770.800
18,O9i.900 21.715,800 46,902,600
61.442.700 66,52?,400
8.5.910,200
...f
95.181.400 a6.925.9(l0 66,S69.000
10,040,000
17,4S3,20»(
9,274,'.ii>w

21

10358

24.. 103
25.. 103
26..
27..
28..
29..
30..

10414 11538 11818
103
118
103 14 10312
102 'a 103
VX7H
103
lis
10333

6

103% 115

23.

8.

5

X

8.

19..
20.. 103 14
22..

4

York OUv Bank*—

6s

4ia»,

4»,
5«,
4l3«,
4«.
Our.
5».
conCur.,
1881. 1891, 1907, 1898.
1881, 1891. 1907, 1898, .Tune, tin'd.
coup. coup. coup. reg.
Ju'e tin'd. coup. eoup. eoup.
itS'i
reff.
at 31^
6».

con-

X
1.. 104
2.. 103%
10114
3..

1879.

1330.

1831.

xxxm.

[Vol,,

100%
100%

119%
119%
119%
119%
119%
119%

8.

1005,
105% 117% 119%
10011,6 103% 117%'ll9%
10013,6 105% 117%! 120
120%
1013,6 103''81 113

8.

121
10638 118
Opening . XOOU,8 106%118%
10618 117% 120% Highest... 1013j6 106% 118%
105% 117% xl20 Lowest .
9915,6 IO314 117%
105% 117% 119% Closing
1013,6 10578 118
120% S'ce Jan. 1
lis
108
121
118
106
Highest... 10213,6 107% 120
S.
11414
Lowest 935,6 1103

lOOSis
lOOSia

100 14

.

1003,8
1003,8
1003,8

.

.

.

1

121
121

119%
120%
121
11573

The money market worked very easily, notwithstanding
The following table will .show the lowest, highest and clossome little spasmodic efforts occasionally to bid up money, ing prices of railway and miscellaaeous stocks at the New York
the usual rate for call loans was 2@4 per cent, and for Stock Exchange during the months of May and June:

3@4

prime commercial paper

BANOE OF STOCKS

per cent.
five

per cents

were eminently successful, and at the close of business
June .30, $98,000,000 of the coupon bonds had been received 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.

Exchange were well distributed throughout the list of stocks and bonds, but there
was no extraordinary speculative activity; and the volume
of sales, as shown ip the table below, was considerably

The

transactions at the Stock

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 unfavorable 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

month

rates

were barely steady.
Stock Exchange, compared

total transactions at the

with previous months, were as follows

:

Bos.

U.8. OoTemm't bonds
State bonds

$3,004,200

Railroad bonds
stock* . shares
Railroads, Ac.,

33,762.290

Bank

.

&

N. Y. Air-L.

&

&

Canada Soutiieru
Cedar Falls & Miuu
Central Iowa
Do
2d pret

73%

Central of N. Jersey.
Central Paciflc

97=8

.

&

Clies.

Do
Do

1 St

pret.

2d pref

Chicago

iSt

Do

Do

&

pref.

Northwest...

Do

pref.

ib's"
t90

113%
126%
12473

137

98
02 14

Cin. San. & Clev
Clev. Col. Cin. & Ind.
Clev. & Pitt.sb.. guar.
Col. Chic. & Ind. Cent.

75%

•41%

8fi%

*133%
21

& Norwalk.
& West'ru. xiisis
Denver & R. Gi'.aude 106%
Dubuque & Sioux C. t32
Erie & Pittsburg
"58%
Hamiibal & St. Jo

May.

June.

&

Tex. <l«ut..
Illinois Central
Indiana Bl. & West...

&

Keok.

& Des

Do

Lake Erie

.'.39

756

503

10,839.765

8,186,65.-

12,378,730

8,632.511

Louisiana

crrr

bank movements

The statements of the New York City Clearing House
banks in each week of June were as follows

pref..

& West

Long Island

Do

&

&

I^oansand dUcoimU..
epecle
dreulatlon
Net deposits

tenden
rmerre

ReierTi• held
flnrplns.

U.

June

18.

7e.OS3.100

i8.9m.4ao
83».a4«.(tab
li).812.30fl

IM .887.19.

Junt

25.

t.T45.490.7i)«

70.002.800
19.236,100

75.811.00(1
IB..1 5.301:

l»,U4,.'i00

845.>t43,200
H.3i:i.S00

SI4.30:.BOO
18.474.300

3ia.«40,8O0
18,092.900

77,091.500

$-<«.4io.8no

»8<>.076.«OO

».*5,910.2OO

1)4.877.400

HS.W18.I00

91.085.300

V3.1X4.400

ts,4ao,aao

I8.80:».S00

t8.00tt,MU

8$i

295

2«4
3«4

t»,274.200

22

40
43
50

31

33

IO6I4
9379
3378
4314
3678

101»a

97%
86%

80

39%

93%
30%

4533

Mar'tta

&,

Cin. 1st pf.

Do

99''8

91%
29 14

44%

17

673s

10133
10278
3134
47-8
3134

10138

.-J

100
~
30
45

27%
101
80
23 14
•5514

22

pf.

14%
5714
88I4

2d

30%

25

3014

00
55
64% 61% 5738 05% 61%
Xl26% 126% 135% 131 X12578 13114x126%

Cha'stou.

54

.

63
44
22
32
42
48
99% 110% 100% 106
109%
82
100
117%
102%
22
3038
2933
27% 24
5014
593<,
56
44% .57%
17
21
21
19
16
15
10
13
61
93
90% 82% 80
86
95
8714
91
98

26%

34

106%
105

25%
48%

U

.

.

.

t

63

30

xl08% 108% 11678 11278 103%
51% 51% 643a 63
58%
53
59
58%
Mo. Kans. A Texas
"ii"
44% 54
50
49
Missouri Paciflc
94% 110
103% IO6I4
Mobile & Ohio
"so'sa
30% 39
31% 3234
Morris & Es.sex
123
123
130
I2914 121%
Nashv. Chatt.A St. L.
84% 85
93
90% 84
N. Y. Cent. & Hud. K. 145
145
1525a 149%xl45
New York Elevated 107% 103
111% 110
105%
Prices Wd.

46 14
80

79%
40%
39%

*31%
33% 3i
147
139%
147
143% 139
143
150
130 •150
147
163
173 *xl73
162% 171
95
12914
129
12538
120
126%
112^
132
135% 135
125% 110
135
121% 135
130 XI2433 ]3233Xl27%
140
137% 146
141% 137% 144
14'i% 142
137
11853 144% 142
*79%
76
79% 85
83
47 14
4134
44% 42 14 4«58 43
IOSI4 10658
97% 10353 105% 105
63 14
62
65
67% ....
93
lOOH 91;
87
101% 93
133
140
tl30
I3514 142
24I4
2II4
32''8
3058
23
29
60
77
72%
73% 70
11778 128
126% I2II4 12S%xl22%
tl05% 111 :i07i4 107% II3I4 11038
88
77
86% 85
86%
110
110
.5858
8358
93
92
83
82
104
112
116% 11638
116
115
250
250
230
250
1230
106
72
93% 92
89
99%
135% 116% 142% 137% 14514 -139
96
96
4314
5514
57% 54% 31% 56
92
92

Michig.in Central
Mil. L. Sh. & W. pref.
Milwaukee & North..

'

4373
3

147
165
90

52%

pref...

Metro nolitau Elev.

(341.0M.000 •347.494,900 $318,583,000

Banc*

of call loans...
Ral« of iMime paper..

JWM

Mo.Kir.

Manhattan
Manhattan Beach Co.

Memphis &
Junti.

64%

4979

L,ake Shore

:

N. V. CItT Bank SUtemenU.

7738

130 *xl26
69
03%

136% 136%

Moines.

Louisville
Nashv..
Loulsv. N. A. & Chic.

in junb.

70
13638

Gt. Northern.

$2,392,200
3,673,900
39,971,100

.

101

new

do

8214

48

Joliet AChicago.....

$4,194,200
3.618.500
58.436.800

2.258,.50O

pret.

Harlem

Do

73%

43%
32%

pref.

Do

43%

43
33

Cliic.&EockT.sljind..
Chio.St.L..fcN.Orl'n3
Chlo. St.F. Miuu.&O.

Houst.

41

26I4

13014

Do

41
90

2638

pref.

Chic. Burl.
Quincy
Chic. & East. Ill
Chic. Mil. & St. Paul.

Chic.

-June.

127
48

134% 135

Alton

&

—

May21. Low. High. JiineZQ.

46
40
75
43
50

86%

Oliio

$1,692,000
20.114,320
34.237.860
971

HEW TOBK

l/«cal

i)f

Buff. Pittsl).
West.
Burl. Ced. Kap.
No,

Int.

Apr.

Jfar.

MAY AND JUNK.

Loic. Jllgh.

lol
123% 131

Albany & Susq'hanna

Del. Lack.

Foreign exchange was higher when the five per cents
were returning from Europe in large amounts, but in the

The

Apr.30.

Daubury

otherwise.

last part of the

IN

-May.

The Government operations in funding the

Prices asked.

{

Ei prlrllege.

87

88%

114iaxl04%
6478

6II4

""
58%
53% 50%
114% 11178
39% 33%
131

95

126

87%

15158x146%
113% 109%

Jri.»

1881.

a.

THE CHRONICLR

J

44:14

86
84 19

prt'f.
Kiinl"'l.

I>i>

A New

N. Y.

N.Y. N.

N. Y. Outuiloi: W...

Do

prcf.
Went., prf

&

MortUoni

I'ltcltlc

Do

pref.

38«8
I'vo. Deont. A K'vUle.
Pliilii. A- KtiUliiiK...
'131
Plttsb.Ft.W.AC.jrmir.
Klc'li.* Al. Kl'k. ir. ft.
KiHlicHicr At I'iltKb..

29 >4

Koine Wul.ifcOL'dong.

Altou&T.

St. L.

11..

Do
Do

45 'a

pref.
Ist prcf.

(;s

A-

100

& Man

91

St.

GO In

41^

& But.. "Zb"
iiTk!
N J..

Tluion P.icitlo
Unitcil O'o.'aof

Wab.

I,.

APacWo.

"UK

pref.

XS8»8

Do

TELEORAITi.

American District
Amcrlean Union

x58ia

.

.

t^l>

(47
llGia
81'4

Atlantic* Piiclttc...
Western Union

Do

cx-certifs

StJites

Wells, Farjto & Co
Coal a.nd Misrxo.
...

•2

ColorHdo Coal

5413

•419

& Iron
Consulidation Coal.
.

•919
•5
•24I3
•313

HomeRtake Mining

..

Uttic Pittsirg Mlii..
Mariposa L'd & Min.

68

531a

O6I4

93ifl

55I4
81
47I3

62

.551a

l>o

New

.

Pennsylvania Coal.
Qnicksiiver Mining

Do

.

x240

.

Stonnont Mining
Various.
Canton
Del. & Had. Canal...
N. Y. & Tc:tas Land.
Oreu'n R-y

"5214
9214

46

65

2778
o

45%

4314

3 14

4
55
38

*3
418

6513

& Nav.Co.

Pacific .Mail

Pullman Palace Car.
Sntro Tuimel.

4''8

t

94''8

53I3

4638

*62, 103,373 $821,937,635 $892,840,064
1,914,.5.58
10.952,8791
18,176,754
l|iOI,I07,93l .1I838.8!I0,514'$9U,022,818
Total
55,401,072 583,734.380 044,248,052
Imports
Excess of exports over imports $8,616,850 $-255, 1 50, 12S!$26«,773,8atf
Excess of Imports over expects

$64,558,437 $753,037,021 $797,416,008
1,108,040
10,468,430
11.184,827
*«o,666,47 $763„50«,354 $308,601,435
64,870,680 607.440,133 646,330,034
Imports
$789,707 1150,066,171 $102,270,801
Excess of exports over imports
Excess of Imports over expoi-ts

35
34
38
250

7

•434

1

GOLD AND 8ILTEB—COIN AN» BUI.MOX.

22I4

2413

'2314

70
136

Silver..

788,r02

$1,693,072
7,165,517

Foreign- Gold

4T.4-'4

1,401,.592

811.032

5.024,713

Silver..

25
4
5I3

•II9

Total

I919
•2%
MI3

381a

46
22 13

521a
24-s

188 1 ,— Exports— Domestic
Foreign

lOia

$

$
7"5","7"l"3",5"3 i

74,'25i',-242

....

Total

71

23

1880.— Exports— Domestic

$761,896,543 $808,814,716
18,713,531
17,4 <7,735
Total
$67,372,008 $,79,394,278 $327,528,297
Imports
739,503,738
65,998,91
699,041,038
Excess of exports over imports $1,373,091 $80,352,040 $88,019,559
Excels of imports over exports
.... .$65,405,452

Foreign

l,96o-,550

The following

lis

21a

12.924.042
$93,178,104

$63,635,731 $334,343,409 $905,741,202
23,953,763
2,866,12(1
21,909,167
$60,501,857 i}i8-i6,3 12,666 $929,099,985
Imports
57.307,490 (i9.S.347. 343! 75.), 294. 701
Excess of exports over imports
9,134,367 $16-2,905,3-23 $174,405,204
Excess of impoi-ts over exports

•361a

3

II3

$583,294

11,491,331
$91,001,455

TOTAL .MERCHANDISE, COIN AND BULLION,

251
2038
71^8

Pl, 122,237

Excess of exports over imports
Excess of imports over exjiorts

3
•26

33
33

998,657

Silver

•8

$3,118,399
8,279,709
1,420.325
6,103,429

M, 705,031 $15,887,924 $18,920,8(52
$123,580 $80,110,124 $80,253,402

Total

Imports— Gold

17
61

214

517,508
$.59,013

20
8I3
4=8

$1,303,892
11,591,216
1,186,053
4,595,956
$18,677,147
P 100,356.376
9,904, '<50
10,089,433
$109,012,954 ^111,045,809
$92,190,802 $92,368,662

1880.— Eiports—Dom.— Gold..

62I9

67

2I3

2"a

382,020
$2,393,926
$1,315,777
560,041
$1,876,418

$1,221,925
11,183,939
720,659
4,289,629
$17,422,152
$99,708,104

Total
Excess of imports over exports $.
Excess of exports over imports

•314
•4I3

7.II4
73
71
109 ifl 10-*'8 11419x11113 108
112'8 IO914
'45
36
45
t39
47
421a
152
16908 166
165
178
173
"52i»
52
53
S87e
50% 5538 52
ISOU
135
13438
134%
llOia
1433o
"2"

t

Silver,.

Silver

50%

Prices asked.

.•'69,548

Imports— Gold

42I3

37
250

4

314

1,397,408

Total....;

*137
83

$11,950

4

hllvcr..

Foreign— Gold

'.'...'..

3'8
413

4
3
25
3013

32'8

-38

,

4538

2%

313

68I3
6=8

5I4

75
142

2013

10% "is"

I7I3

..

Foreign

Total

x88%

87%

4

•7%

413
7I3
7»8

1

nuu. ended

..

183 ! .— Exports^Dom.- Gold

'5.V13'

94

GO 14
39
10

60

'24

25

I's

•Prices bid.

'5958

95'8

3

43

37%

60

3313

"go"

03

5513

60

For the

Muy3\.

121% 13038X12038

60
42

73

For the 11

mot ended
Uays\.

...

1880.— Exports— Domestic

88
lOO's
671s

lOOTj.

87
73
12612

126>a

24.1

314

115

8>i

140

61

27I3
271s

24

.oi>4

For the

month of
May.

1

521s
7814

1151a
393s

1881.— Exports— Domeetlc
Foreign

64
98
82

55

135
83
70
125

pref.

BUverClifl Mining ..
Spring Monnt'n Coal.
Standard Cons. Miu'g

S6I9

137

H719

02,848,6412

74,251,242

MEKCIIAXDISE.

7413

08^

137

314
5I3

IS's

.

70

79'a

137-'8

25

'271a
2713
3731

Central Coal
Ontario Sliver .Min'g.

61
0519

127% 126%
80%
88

5I4

8

pref..

Maryland Coal

45

.^019

56
I2918
02'8
88I3

....

ICorrected to Juno 24, 1881.1

8058

10

6%

80
50

3'.(>a

3OI9

—

The total valaes of imports and of domestic and foreign
exports for the month of May, 1881, and for the eleven and
twelve months ended May, 1881 and 1880. respectively, are
presented in the following tables, all in specie valaes:

).iO

30%

47

9517,508
583.201
02.100,802
75,713,531

iiioiiths

601a

89
18«

31, 1881 (excess of exports)
31, 1880 (excess of exports)
ended ,Mity 3t, 1881 (exo««a of linimrts)
KIcveu iiioiitlis ended May 31, 1880 (excess of lin|H>rU)
Twelve niiMitlis ended May 31. 1881 (cxcoss of liii|KirU)
Twelve months ended May 31, 1880 (oxuoss of lm|K>rts)

Kleven

280
139

7358

Coalilion

Deadwood Mining...
Excclfilor Minin.i;

280

32
12514

May
May

5Innthcnd(^<l
Monili endeii

116
33

371a

62
141
148

99

86

47»8
88I3

78

-

Caril)ou Consol. Min.
Cent. ArlMinn Min ...

3^ia
42ie

46
119
57I4

8.% Hi

'93

Hft^U

3788

4'i

18H

H0\

7812
-611a
1181a

American

Cuuilir'lil

44\

>a

88ifl

6313

I2712

130

American Coal
Cameron (,'oal

40

4714

27
117^1

114

Adame
United

421.

48
74 le
110
35

43
74
110

08 Si
68 '8

01

el's

;36!ii

42i9
8OI3

81^

"si"

St. Ix>ul8 ...

Tol. IVlplicis

40
75
110

38

pref.

St. Pniil .Minn.

61

37»e

00

56:\t

7713
GO
143!<ix
7938
82

4<i
6.S

08 >4

Texiwit PhoHIc
Tcjiis

30

64 >9

Paiil&DHliitli...

Do

3913

Rl>

xli7

12S

prcf
Ml. .vSoutli...
8t. L. & 8. FruuclBco.

St.

66^11

135
116
68

28 :U

"s'.'i'a

Do

Bt.I...I.

so

62
142
145

134
138

ReiiswrriV Sariiuiicu.

41''8

47>a

3i)
s:t

•••••*

00
60

270
45

270

21713

Paiiaiiui

871a

84 le
38 Tg

321a

Ohio SDutlurn

om

:«ia

82 '4
34
40
116

pref.
Do
OliloCviitral
MlDsissippl...
Ohio A

46 >«

noi4

190

18.%

H.<tlliii-trnl

Norfolk

-June.lliuh. Ju ne 30.

Low.

RAIIJtOAUS.
y. y. Ijiko Krlo * w.

9

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

districts,

Ex privilege.

BANKERS' STKRUNO EXCHANGE (POSTED RATES) FOR JCNE, 1881.
June.
1....

60

mand

June.

60

De-

de-

dayt.

moLnd.

June.

60

days.

days.

mand.

4-84

4-86
4-86
4'86i3
4-86 >3

13...
14...
15...
16...
17...
18...
19...

4-81ia
4-84ia
4-8419
4-84ia
4-84 la
4-8 1I3

4-8613
4-8613
4-86 '3
4-8G12
4-8Gia
4-8613

25.
26.
27.

4-8419

4-86 >2

20...,
21...,
22...,
23...,

4-84 <a
4-84I9
4-84'9

2... 4-84
3... 4-8412
4-8413

4....
6....
6....
7....
8....
9....
10....

4-84 la
4-85
4-85
4-84I3
4-84 ij

n....

4'3H2

8.

12....

4-87
4-87
4-8613
4-86is
4-86 "a

8.

24...

Cutlonu

Baltimore, Md
Beaufort. S. C
Boston, iSce.. Mass
Brazos, &o., Texas

S,

4-8419
4-8413
4-8418
4-S4I9

28.,

29.
30.,

4-8619
4-SGI9
4-8619
4-8619

4-84'a
4-84ij

Buffalo Creek, N.

Charleston,

i

I

Range
High 4-85
Low. 4-84

Alabama

Niagara, N.
iVorfoIk,

Y'

Ac. Va

,

Oswegatchic. N. Y
Oswego, N. Y
Passamaquodd.v, Me

is

|

Pearl Uiver, -Miss
Peusaeola, Fla
Perth .\inboy, N. J
Philadelphia, Pa
Portlaiuf,

Ac, Mo

Puget Sound. W.

T

Klehnioiid, Va
Salnria, Texas

follow.s;

Month ended May

31. 1881
Mpntli ended .May .n, 1880
i even incnths ended May 31, 1881
Eleven nioiitlis ended May 31, 1880
Twe.ve
lis ended May 31, 1831
Twelve luoiitlw ended May 31, 1880

$g,G16 859

,

789 797
255 156,125
15t!0«617l
773 800
162.270,801

mom

-'60

and

9,420
22,195
192,768
147,081
1,870,227
34,884,911
220,409

New Haven, Conn
New Orleans, 1a
New York. N.Y

given the eleventh monthly statement for the fl.scal
year 1880-81 of the imports and exports of the United Stales.
The excess of exports of merchandise, stated in specie values,

and

Texas

Key West, Florida
Minnesota. Minn

1881.

excess of exports and of imports of gold
baliion was as follows:

326,310
241,850
40,733
28,884
180,194
344,225
79,906
256,895

Huron, Mich

I

IPrcparod by the Bureau of Statutlcs.]

The

Y

C

Christi,
Detroit. Mich

ELEVEN AND TWEL VE MGKIHS ENDED

was as

$1,453,991
100,951
6,663,904
271,055

Galveston, Texas
Oenessee, N. Y

4.87
4-86

IMPORTS AND EXPORTS FOR MA Y, AND FOR

Below

8.

Corpus

4-8rti2
I

Y

Champlain, N.

Mobile,

MAY 31,

Ga

Brunswick,

8.

4-8G'3
4-86I2
1-8613
4-86 13

Import*.

Dlstritti.

1

I

San Diego, Cal
San Piancisco, C3»l
Buvaiinah,

Ga

Vermont, Vt
Willamette, Oregon
Wilmington, N. C
All other customs districts....

,

,

304
251,233
403.205
68,907
2.090
3,887
7,2421

3,149,137
304,346
1,365
8,513
1,741

15,867
2,408,810
21,187
604,039
136,549
2,826
384,395

Domestic

Foreign

Exports.

Ejrporls.

$4,977,23
56,653
5,739,364
152,614
232,217
13.301
221,006
813,152
65,323
209,23^
2,098,070
37,751
1,137.713

$1,097

96,177
287,060

17,112
2.035

7,912

34, 50.^

320,630
432,224
8,700
7,015,512
29,159,408
137
336,549
40,425
128,611
28,103

3.i'37

5.000
1,123,154
5,100
14.295

48,-<J71

206,844
5,440
2,842.007
249.102
50,457
100,108
45,939
09.433
2.215,117

1S,35S

002
86
53.337

526,675
169,702
503,290
1-29,4-22

1,525,335

1.208

silver coin
Total

$55.491.072 $62.193.373 $1,91

4..553

THE CHRONICLE.

10

PKonctarg 2 ^ammevcinX gtt0llsfe Pewrs
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
MIOBAXaS AT LONDOy—June
On-

Smos. 12-3% 3l2'4i4

12 lifl »12-2>i
3moe. 25-50 »2055
20-65 «20-70
Hamburg
18-40 918-45
Copenbafcen.
24 923^
BtPetern'bg.
25-22
la S 25-30
:. Sbort.
ParU
Smoe. 25-1713325-5212
Parta
l-87ia'
11
821431
Tlenna

June 18 Sbort.

12-08

June 18 Short.
June 18

25-27 >a
20-48

25-25

Juno IS Short.

117-70

25-72ia®25-77ia June 18 3mu8.

23-35

4758847%

<Mlz

47»834738

Genoa
lisbon
Alexandria..
New York...
.. ..

Rate.

June IS BhoVt.

Madrid

Bombay

Time.

Short.

. . -

Calcutta

EXOHANOE ON LONDON.
Latest
Date.

Bate.

Time.

Amsterdaa
AnuterOam
Antwerp

18.

60 days
60 days

T8.7isd.
I8.7iad.-

MongKoaif..
Btaao4;liai

I

From our own

money

are as follows
Per
:

cent. Open market rates—
Per cent.
rate
4 months' bank bills
2 ®24
Open-market rates—
6 months' bank bills
2 ig a 2 14
30 and 60 daj's' bills
4 & 6 months' trade bills. 21233
3 months' bills
The rates of interest allowed by the joint-stock banks and
discount houses for deposits are a.s follows
Per cent.
Joint-stock banks
lij
.

97 la

18 Short.

4-8313

18 4mo8.
18
18
18

Is. 758d.
le. 7n,aa.
38. 8«8d.
58. Id.

correspondent.

probable that there will be a reduction of dividends in some
Business, however, is said to be improving ; but the
process is a slow one, and it is evident that the country must
acquire that virtue of patience which the Government say is
so very essential in the present times of active competition and
very general economy. The general public seem, however, to
be confident and wealthy enough to subscribe to and risk their
money in speculative ventures, so that there must have been a
certain accumulation of wealth during the last few years.
Money which had been stored up. or invested at a low rate of
interest, is now being more freely circulated, but with what
degree of success, time alone can show. The present quotations

Bank

52Si6'»52-Iu

15 Smos.

XXXIU.

instances.

for

I

June
June
June
June
June
June

Voh.

.

Discount houses at call
with 7 or 14
do

lij

1%

notice of withdrawal

dai's'

Annexed is a statement showing the present position qf the
Bank of England, the Bank rate of discount, the price of con-

I

LoNiMN. Saturday, Jane

18, 1881.

The temperature has been much higher during the

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.
sols,

past

week, and a fair quantity of rain has fallen throughout the
During the last few days, in fact, the rainfall has
ootintry.
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
better than any other crop, was commencing to look yellow and
sickly on light soils, though there was every reason to believe
that on heavy land there would be 1 large yield of produce of
fine quality. The fall of rain has been most opportune, and
the country will soon be prepared for bright, hot July and
Aagnst days to bring the erop.s to maturity. The rain has
come very late for the grass crop, which will be short; and
although it may naturally be expected to improve the crops of
spring corn, a full average yield is not anticipated, as the
plant is stunted and is already in bloom.
The "broken"
weather of the last few days vrill save the farming community
the drawbacks of a parched soil and a scarcity of feeding stuffs,
and we may yet have good crops of roots for winter consump-

1881.
Circul.ation,

bank post

excluding
bills

Public deposits
Other deposits

Oovemm't

securities.

Other securities
Ees've of notes & coin.
Coin and bullion in
both departments
Proportion of assets
.

£
26,301,160
7,711,224
26,023,293
14,907,127
20,737,126
15,971,259

1880.

1879.

£

1878.

£

£

26,349,850 28,637,960 27,406,290
8,603,142
7,876,209
8,133,581
25,303 630 28,834,574 21,888,742
15,804,318 14.678,63,i 15,214,859
18,599,972 19,075,667 18,414,770
17,393,639 20,612,648 14,209,534

26,522,419 28,743,489

34,230,608

26,615,824

47-00

to liabilities

Bank

rate
p. c.
•.:>ap.
21a
2 p. 0.
3 p. 0.
^'sp. c.
10023 xd.
97i4xd.
9414
98»e
En^. wheat, av. price.
448. 8d.
44s. lid.
418. 4d.
648. Id.
Clear'K-house return. 156,077.000 125,211,000104.696.066 06,134,000
The following are the current rates of discount at the principal foreign centres

Consols

Paris

Amsterdam

Bank

Open

rate.

market.
Pr. cl.

Pr. cl.
31a

3

3^

Genoa

31a

253
31a

4

4

Berlin

4

2=8
21a

.

Brussels

IlamburR....

Bank

Open

rate.

market,

Pr. et.
St. Petersburg...
6
Geneva
413

Pr.

cl.

5

4

Madrid, Cadiz &
Barcelona ...
Lisbon (& Oporto.

5

Copenhagen

3I2

4
4
3ia®4
4

5

tion.
The rain will, in fact, add very largely to the wealth of Franlifort
2%
Bombay
the country, if it is succeeded in due time by bright summer Vienna
3«8
In
the gold market there has been no important export
weather.
movement, but 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 seat 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'a circular
cent; but at the same time it would occasion no
surprise if a
reduction to 2 per cent were effected. The open
GOLD.
a.
d.
s.
dmarket rate Bar gold, fine.....
per oz. standard. 77 9 a
of discount for three months' bank bills is
V/a per cent, with Bar gold, containing 20 dwts. silver, per oz. standard. 771013a
Spanish doubloons
occasional transactions at 1% per cent; and the
peroz 74
a 74 6
Bank of England South
American doubloons
per oz 73 9 @
lias been recently accumulating a rather
considerable quantity United States gold coin
peroz.! none here.
31
Gorman gold coin
of bullion. Our imports of gold have of late
peroz
a
been
:

upon a fair
„
an export demand of any import- „
Bar silver, fine.
Bar silver,contaln'g 5
ance, the supply held by the Bank of
England has been in- Cake silver
creased. The supply of mercantile paper
in the discount market Mexican dollai-8
chiuandoiiars
la still small, and
acale, an^, in the absence of

,,

consequently comparatively

little

money

is

wanted for commercial purposes. Public
companies and loans
contmne to be freely introduced to
public notice; but these
raU to exercise any important influence
over the money market.
Stock Exchange specnlation-at
all events for the rise-ha^
received a decided check, not only
in this country, but abroad,
wluch may be regarded as due to the
fact that prices were high,
and that the banks have thought it
prudent to restrict their
advances to the Stock Exchange except
upon unexceptionable
seouritiee.
The prices of most classes of bonds have
declined
considerably during the last fortnight,
and the extent of the

outstanding account for the rise has
been very materially diminfahed
consequence. The near approach of
the close of the
half-year, when the banks and
railway companies will be
announcmg their dividends, which will
indicate whether they
"' °°'' ^ * ""«'•'' reflection, more
ir.L'ci.ir«T''T'"
eapecially
as the railway companies have
been unable to recover
tte losses they sustained from the
bad weather and snowstorms
In the early part of the year.
Some of them have shown much
be teweekly balance sheets
but there is still a considerable lo« of traflic on the
half-year's working, and it seems

m

;

Among

per
grs.gold

SILVER.
standard, nearest.
per oz. standard.
_^
peroz.

oz.

'nftrVi^'iaflt

nrir'A*

d.

d.

51
5138

55

50%

v..:.":v::^!'.°^:.]^''.^^.
....
_
....
QulcksUver, «6 53. Od.
Discount, 3 per cent.
the numerous companies introduced to public notice

during the current week are the following:
A loan of £556,000 in 5 per cent mortgage bonds of £100
each of the Quebec Central Railway Company, the price of
issue being £92 10s. for £100 bond.
The interest is payable by
the Government of the Province of Quebec, and the money
to be secured by a first mortgage on the entire line from
Sherbrooke to South Quebec (139 miles).
is

The Alabama New Orieans & Texas and Pacific Junctions
Railways Company (limited) invite applications to an issue of
150,000
shares,
of
£10 each, at par.
of
which, it
is said, 100,000 shares have
already been subscribed. The

company is to connect by the shortest route the
Atlantic cities of the United States, not only with New Orieans
on the Gulf of Mexico, but also the trans-Mississippi system of
railroads which form the Southern Pacific Railway
route.
object of the

It is understood that the
negotiations for a new commercial
treaty with France are about to be suspended,
as a want ot

unanimity exists between the commissioners of the two companies.

JBIT

9,

THE CHRONICLR

1881.]

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

that the

the

There seem to be some hopes of the channel tunnel becoming
an accomplished fact. The distance between Shakespeare's
Cliff and Cape Griz-Nez is about twenty miles, and Sir Edward
Watkin, at a meeting of the Southeastern Railway Oompar.y,
aaid the work could ba accomplished in about Ave years, even
with the imperfect appliances employed in the tentative work.
It seems that in the work accomplished on each side a thick bed
of clay, impervious to water, has been found, and there is
reason to believe that this formation extends throughout the
proposed line. If this be the case, the only difficulty in the
way is the ventilation of a tunnel twenty miles long; but this
can no doubt be overcome.
Less favorable accounts from the United States regarding the
growing crops have not exercised much influence upon the
wheat trade in this country, the reason being that Europe,
should the weather continue propitious, will harvest larger
crops than for years past, and, as far as the Continent

is conFrance,
it is said, will grow sufficient for her own wants, while the
crops in Eastern Europe, and especially in Russia, will yield
full average results. There has not been much change in the
value of wheat during the week, farmers and merchants holding
out for former prices, owing to the limited quantity of home-

cerned, will be comparatively independent of America.

grown produce

The

offering.

probability

is

1879-80.
Oat.
1,659,721

Owl.

2,801,027 J
Other ouuutrlos..
80,668 j

current.

40,792,687

Totlll

1880-81.

lyom—

1880-1.

1879-80.
46,829,368
8,117,641

1878-9.
37,685,032
7,065,169

1877-8.
45,560.552
6,952,228

21,463,000

38,649,200

29,713,200

80,851,158- 76,460,009
or
1,122,198
1,202,181

83,399,401

82,225,980

1,517,909

1,476,174

79,728,960 75,257,828

81,881,492

80,749,806

403. 6d.

5l8. Id.

Imports of wheat. owt. 45,037,213
Imports of flour
10,376,915
Sales

of

home-grown

produce

25,437,000

Total

„

Deduct
exports
wheat and flour
Besult

Av'ge price of English

wheat for season (qr.)
Visible supply of wheat

46s. 8d.

in the U. S.... bush. 16,200,000

19,600,000

13,930,328
6,254,490
extent of the imports and
•xports of cereal produce into, and the exports from, the United
Kingdom dunng the first forty-two weeks of the season, compared with the corresponding period in the three previous
*^
seasons:
IMPORTS.

Beans.

1880-81.
.CWt.45,037,213
9,800,300
7,689,668
1,898,114
1,951.365

bdlan com

l'."!'.27!367!561

Wheat

.owt. 1,008,281

rUmi

10,376,945

1879-30.
46,829.368
11.592,758
11,189,025
1,693,529
2.208,364
22,483,157
8,167,641

1878-79.
37,68.5,035

9,071,183
8,947,510
1,333,739
1,284,209
26,706,519
7,065,166

1877-78.
45,560,552
11,301,846
9,441,160
1.409,001
2,562,430
27,355,313
6,952,228

EXPORTS.
Barley
Oats
Peas

46,643
685.025
75,421
„.^,.j,ji
38,881

Beans

^dlan com

.'.'."

209,'787

1,061,923
27.898
84.799

87,924
40,829
391,152
140,258

1,409,767
102,173
83,901
15,897
12,933

1,405,929
49,117
84,761
18,471
18,958
206.524
70,245

404,576
*lonr
113,917
112,142
Annexed is a return showingthe extent of the imports of
wneat and flour mto the United Kingdom during the first
nine
months of tlie season, viz., from September to May, inclusive,
compared with the corresponding period in the three
previous
'^
seasons:

^
FromS°??'»A
United

WHEAT.
1880-81.
Owt.
1,1S9,.593

States. . . .28,174,080
Brit. N. America 2,090,176

gennany

S^l
Turkey,
*«ypt

Ac

42,652,910

1879-80.

1878-79.

1877-78.

Owt.

Franco
United States

201,085

Cwt.
69(1,874
204.1 1

5,330.138
264,218
1,277,720

3,910.682
202.158
1,601,784

1,207,680
827,933
2,557,143
256,788
1,855,436

7,823,127

6.684,609

6,704,780

6,654,til7

Brit. N. America
325,084
Other countries.. 1,761,633

Total

9,798,000

Th^ following

Cwt.

an estimate, compiled from official sou roes
of the value of our importations of cereal prodace into the
United Kingdom during the first nine months tf the season,
viz., from September to May, inclusive:
is

1879-80.

18S0-1.

Wheat

£21,524,933

Barley
Oats
Peas

3,980,883
2,485.061

1878-9.

£25,624,972
5,230,290
3,633,350
642,356
831,104

1877-8.

£17.375.461

£25,845,003
4,792,878
2,696,794
3,157,019
700,725
445,552
562,143
Beans
735,311
414,343
972,599
Indian com
7,62G.857
6,521,798
6,618,822
8,151,031
Flour
7.868.2 46
6.577.829
5.299.700
6.126,601
Total
£44.922,018 £49,062,705 £36.382.457 £49.607.274
,_
The falling off in the value of our importations is therefore
about £4,000,000.
3,.531,785

EnsIlHh market Reports— Per Cable.

The

daily closing quotations for securities, &c., at London,
and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending July 1:

London.
per bz
Consols for money
Consols for account

Silver,

rf

Sat.

Mon.

Tues.

oil*

515,8
1006,6
1007,8

516,8

1003,fl

1006,8
fr.

8G10
105%
117%

85-!J0

105%
II7I3

119%
47ifl

144

Wed.

H9>a

67%
30»8
I5OI9

Mon.

51%

51»8
1013,6 1015i«
1013,8 101»,»
86O2I2 86-45
lOoTs
106
118
118
I20ia
120

120
47
142 13
67

46''8

143
67ie
3014

150

47%
144 Ja
6678

150
Wed.

Tues.

30%
150%

Thurs.

a.

d.

».

d.

».

d.

12
9

3

3
8

12
9

3

12

3

9

5

12
9
9

5

9

911
9

6

9 11
9 6

21a

9 8
9

5

911

9 11

9

9 6

2i«

6
2I3

667g

30%

d.

8
5

47%
143%

I5013

s.

8

in.

Thuri.

516,6
100U,6 10013,6
10011,8 10013,8
85-82 35-95
105 k!
10519
II7I9
117%

Fri.
d.

3
9 7
9 4
9 10
9 6

12

21-2

2>«

.<(

O

Bacon, long clear, owt..
Beef, pr. mess, new.^tc.
Lard, prime West. ^ cwt.
Cheese, Am. choice, new

6

O

—

National BAtres ORaANizBO. The following-named national
banks were organized this week:
2,536— The James Sweet National Bank of Nebraska City. Nebraska.
Authorized capital. .'SSO.OOO paid-in capital, $50,000. James
Sweet, President Henry N. Shewell, Cashier.
2,537— The Clement National Bank of Rutland, Vt. Authorized capital,
;

The following return shows the

Oata....
Peas....

85,262,919

;

200,000

paid-in capital, $100,000. Charles Clement, PreglP. Clement, Cashier.
First National Bank of SaUna, Kansas. Authorbiea capital,
$50,000; paid-in capital, $50,000. W. L. Hardison, President;
;

t ent Waldo
;

43s. Id.

Wheat..
Barley.

1,119,092

43,712,100

728,347
222,706

;

estimated that the following
quantities of wheat and flour have been placed upon the
British markets since harvest. The visible supply of wheat
in the United States is also given :

Owt.

Owt.

;

it is

•

1,311,436

86.'j,:(71

During the week ended June 11, the sales of home-grown
wheat in the 150 principal markets of England and Wales
II9I2
47 H
amounted to 21,831 quarters, against 28,458 quarters last year
143
and 44,546 quarters in 1879 and it is estimated that in tha Pennsylvania
67 14
PhUadelphia & Reading.
whole kingdom they were 87,330 quarters, against 114,000 New
York Central.
150
quarters in 1880 and 173,200 quarters in 1879. Since harvest
Liverpool.
Sat.
the sales in the 150 principal markets have amounted to
1,467,517 quarters, against 1,228,250 quarters in 1879-80 and
d.
Flour (ex. State.. 100 lb.
3
2,228,760 quarters in 1878-9
the estimate for the whole kingdom Wheat, No. 1, wh.
"
8
"
Spring, No. 2...
being 5,870,000 quarters, against 4,953,000 quarters and 8,919,000
5
"
Winter, West.,n.
6
quarters in the two previous seasons respectively. Without
"
Cal. white
6
Com,
"
mix.,W.new
212
reckoning the supplies of produce furnished ex-granary at the
Pork, West. mess.
bbl.
of the season,

l<>77-78.

8,651,824
912,226

Qennauy

Fr'ch rentes (in Paris)
U.S. 5s of 1881....
U. 8. 4iasof 1891...
U.S. 4s of 1907.. ..
Erie, common stock
Illinois Central

commencement

1878-79.
Cwt.
698,75S

ru>DB.

that, unless the

weather should become unfavorable, it will ultimately be found
to be difficult to maintain even the very moderate quotations

now

1880-81,

fYom—

British Iiidltt.... 3,710,908
Aiistnillii

are closed.

lists

11

512,916

925,527
324,017
979,978

1879-80.
Owt.

3,957,181
28.301,628
3,00lj,034

2,210,861
6,093
1,332,638

1878-79.
Cwt.

7,062,860
20,659,0.50

1,760,126
3,337,627
9,092
201,072

860

1.56,817

1,925,648

356,968

1877-78
Owt.
5,985,594
22,625,490
2.813,602
5,145,110
61,103
182,596
192,885
482,085

2,538— The

M. D. league, Cashi«r.
Imports ahd Exports for thb Week. The imports of last
week, compared with those of the preceding week, show
an increase in dry goods and a decrease in general merchandiBe,
The total import,s were $7,837,194, against $7,949,127 the preceding week and $9,307,552 two weeks previous. The exports
for the week ended June 28 amounted to $7,535,808, against

—

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:
FOREIGN IMPORTS AT frsn YORK.
$7,709,059 last

For Week.

1878.

Dry Goods

$720,932
3,256,580

Qen'l mer'dise.
Total
Since Jan. 1.

Dry Goods
Gen'l mer'dise.

1879.

$1,024,600
4,295,394

1880.

$1,885,363
7,332,858

1881.

$1,196,092
6,641,102

$3,977,512

$5,319,994

$9,218,221

$7,837,194

$38,464,431
104,882,669

$42,957,690
110,584,943

$63,893,901
191,999,679

$51,891,877
154,958,641

$143,347,100 $153,542,633 $255,893,580 $206,650.518

Total.

In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for tile

week ending June

28,

and from January 1 to date:
WEW TORK FOR THB WEEK.

EXPORTS FROM
1878.

For the week...
Prey, reported..

Total s'ee Jan.

1

$7,107,529
161.289,546

1879.

$6,273,083
151,980,285

1880.
$9,163,891
186,433,539

1881.

$7,535,808
185,667,594

il7I ..sn7.075 «15R.253.artO *H»V.^97^30 *1 OS 203.402

THE CHRONICLE.

V2
The foUowiog
ftt

the port of

January

1,

table

shows the exports and imports of specie
for the week ending Jaae 23 and since

New York

1881:

KXPOHTS AND IMPORTS

Olf

SPECIE AT

NEW

YORK.

1, and until the final payment has been made, the stock
sold to the canal company will be placed in escrow, and some
kind of a negotiable certificate will be issued. It is underatood
that arrangements will be made for the immediate distribution
among the stockholdei-s of the cash assets in the treasury of

July

the
Imports.

Erporlt.
Ootd.

Week.

Since Jan.

Fnmce
Germany
We«t ludiea
Mexico
South Amorluu

13,000

II otbercouutries.
Total 1881.
ToUil 1880.
Ttitol 1879.

2,000
2,000

3,699
182
771

132,970

3,4m

49,11

2,360

J 1 5,000

$210,253

13,413

2,088,987
l,92(i,«19

13-i,523

2J6,926
lOa.151

$10,173 $28,150,870
1.813.128
28, U4
676,636
5,361

Silver.

Qreat Britain
France

$136,000
2,852

Germany
West Iu(Ue«
Mexico
Bomb America
Total 1881.
Total 1880.
Total 1879.

1.312
2,640

$120,719
285
60,389
415,903
838,074
91,803
11,985

$13,982
49,754
60,428

$1,539,158
2,780,555
4.733,287

$5,003,675
26,050
120,609
10,204

48
9,982J

Ail other countries.
$l.38.S'i2

334,615
80.019

1

$20,020,221
2 639,641
4,731.150
360,958

$1,260

Qreat BritiUn

8TATE.MBNT of the Comptroller of the Currency on July 1,
1881, showing the amounts of National Bank Notes and of Legal
Tender Notes outstanding at the dates of the passage of the

Acts of June 20, 1874, January 14, 1875, and May 31, 1878,
together with the amounts outstanding at date, and the

increase or decrease:
Nalinnal Bank Notes—
$349,891,182
Amount ouLs't-iiulinK June 20, 1874
351,861,450
Amount outstandin;; .Taniniry 14, 1875
322.555,965
1878
Amount outst-uiding May 31,
353.754,600
Amount outfit nndins at a.ite '
702,107
the
month
last
IncrciU5C dnring
10,59U,663
Increase sinie Julj- 1, 1880
—
Tender
Notes
Jjegal
$382,000,000
Amount oiitBtandiu); Juue 20, 1 874
382,000,000
Amount outstniidiUK January 14, 1875
35,318,981
Amouiii retired under act of Jan. 14, 1875, to May 31, *73
346,681,016
Amount outstaniling on and since Slav 31, 1878
Amount on deposit with the U. S. Treasurer to redeem
notes of in.solvent and liqiiiilating banks, and baulcs

"

1874

Circulation of national (rold banks, not Included

Railroad Company, which were reserved in the sale.

board of managers of the
Reading Railroad Company, at a meeting on
Thursday, agreed to accede to the proposition of the Receivers
to issue certificates bearing 4 per cent interest, for the purpose
of extinguishing the floating debt of the company. The form
of certificate will be prepared by counsel for the company.

& Reading.—The

&

Philad'^lphia

South Carolina State Bonds.— The Stock Exchange has
admitted to dealings on the regular list ?2,621, 000 of the South
Carolina securities known as " Brown consolidation bonds."
They are issued by the State under an act approved December
22, 1873, which was an act to provide for the settlement of the
consolidated debt of the State in accordance with the decision
of the Supreme Court, approved December 23, 1879, and an act
They are
to amend the same, approved February 19, 1880.
dated January 1, 1874, payable July 1, 1S93, in sums of $1,000
and 1500. Interest six per cent. Coupons, payable January
and July, receivable for taxes due the State during the year in
which tfiey mature, except tax levied for the public schools.
Payment of interest and redemption of principal secured by
tax of two mills upon the entire taxable property of the State.
The amount authorized is $5,862,514 issued thus far Nos, 1 to
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
American gold coin and $2,460 American silver coin. Of the
exports for the same time, $15,000 were American gold coin.

retiring circulati(m under Act of June 20,
Decreasein deposit durinjr the last month
Increase in deiwsit since July 1, 18S0

Panama

Philadelphia

Sitwe Jan.

1

rvou xxxiir

33,486,282
1,748,377
13.703,895
iu

the

al)ove,

$500.

—

Union Pacific. The corrected earnings of the Union Pacific
Rj\ilway Company for April and since Jan, 1 are reported by
the Boston Advertiser as follows:
UNION DIVISION.
$1,098,333 84.
Earuin<!S
728,989 10
Expeu.ses
369,344 74
Suiplus
UNION BKASCHES.
260.682 51
EarninRa
181,584 12
Expenses
""
""" """ 39
79,093
Suiplua
KANSAS BEASCHES.
87,833 62
Earaings..
54,459 27
Expenses.
33,363 35
Surplus...
SOUTH PARK.
91,223 51
Earnings..
87,279 64
Exjienses.
3.942 37
Surplus
The gross earnings from

Jan.

1

to

June 23 were as follows:

1,937,120
2,027,269
1,496,450

1881.
$1,416,340
1,403,240
1,687,420
2,032,146
2,398,467
1,898,240

$10,019,000

$10,835,853

1880.
$1,433,620
1,393,992

January
February
March

1,73<)„509

AiHil

:

May

$1,087,675.

—

Northern of Lon^ Island. The board of directors of the
Northern Railroad of Long Island have awarded the contract
for building the road from A.storia to Huntington to J. W.
Lane, of New York, for $2,000,000, 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£^nia 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.

Oregon Transcontinental.—The Oregon Transcontinental
Company, to which it is proposed to transfer the control of the
Northern Pacific liailroad and the Oregon Railway & Navigation companies, has been incorporated and organized already.
The principal officers are Henry Villard, President Thomas F.

June, 23 days
Total

—Messrs. Winslow, Lanier & Co. have placed

on the market,

for popular subscription, $3,500,000 Chicago St. Louis & New
Orleans Railroad five per cent seventy year {;old bonds, at 107^
and interest, reserving the right to advance the price without
notice. This loan was authorized by the stockholders of the
company for the purpose of reducing the interest charges and
consolidating existing debtfi, without increasing the same. The
mortgage covers the franchise and entire property of the company, present or to be acquired, and is said to protect the bondholders' rights in every particular. The earnings of the line
have all been expended on the property for several years. The
line is of great importance to the lUiuois Central, giving that
road a through connection with New Orleans,

BANKING AND FINANCIAL.

;

Cakes, Vice-President and Mr. Villard, Horace Porter, Charles
F, Woerishoffer and Edward D. Adams of New York, William
Endicott, Jr., and Richard S. Fay of Boston, are the members in
the Baflt of the board of directors. The company was incorpowted under the laws of Oregon with an authorized capital of
$50,000,000. The Villard pool is to transfer to the new corporation the controlling interest in both the other companies,
which will be, according to the present plans of its projectors,
a permanent asset of the new company. Mr. Villard said that
the formation of this company would relieve him of a large
personal responsibility that it was intended to occupy the
Mme position to the members of the pool and to the two original companies that he had held alone since the movement was
began. Stockholders of these two companies who have no
interest in the Villard pool will have none of the new compun^'s stock. It is not therefore a consolidation of these complies, but the management of them will be wholly in the
hands of the new company.— JV. Y. Tribune.

MEMORANDA CONCERNING
OOVERlWinElVT BOSTDS.

;

;

Panama.— Private di.ipatches 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
company will have the privilege of accepting the terms of the
agreement at any time within ninety days from July 1 Ample
provision is also made for the protection of those stockholders
who do not receive notice of the sale in time to avail themselves
ot-thiB privilege. The flwt payment of $4,000,000
U to be made

A Valuable Hand-Book for

Investors.

Contains not only all the information about Government Bonds
which investors or the public can desire, but also chapters on the Stock
Exchange, with directions for buying and selling in the New York
market all kinds of securities.
Tables giving the progress of the United States, 1830-80, in populalation, imports and exports, agriculture, manufactures, railroads, telegraphs, etc., etc., arc added; also notes ou Gold and Silver, giving—
A. The present mouetiWy standard of the Nations of the World.
B. Production of Gold and Silver in the World from 1492 to date,
C.

The consumption

of

Gold and Silver.

D. The stock of Silver now in the World.
E. The Relative Value of Gold to Silver.
F. Minute of the Standard of the United States.
a. The Value of Foreign Coins iu United States Money.
Sent FosT-rAio on Arpi-icATiON.
Investors cap obtain Government Bonds at our oHlce, In any sum, at
current market rates, without any expense for commissions.
Weattend to all the details of registering bonds, and will furnish, at
request, the proper blank powers of attorney lor assigning and transferring bonds

and collecting

interest.

Our long experience in handling Government Bonds, and our large and
constant dealings, enable us to offer the best and most favorable terms
to our customers. Every detail of the business is systematically arranged
and has our personal supervision.

FISK

dc

HATrH,

5 Nassau Stkekt, Nfiw York.

THE OHROMCLE.

Jui-Y 2, U81.I

'4.*hc

Kxchnnge,

JBauUcvs' 05uacttc.
DIVIOBrfDRt
Per

When

Book* Cloied,

cent.

Payable.

fltayti Intiiuiee.)

Rallruad*.
Fort Wft.viic & Jiu'JjKoii prof.
Norwiiih A Wor4'()i*ti-r
Fatri'iinii it IIiiilsoii Kiror
PatvrBon ,& Uumniio

.

2>8

.

W. A

do

A

Plttotlcld

rotf. (qtlur.)

Xoitli .\<Ihiii«

A

Portliiiiil8.tC'>

Ware Kivor

Ijiilj-

3
Sis

3

Nnnlina.

Jk

July

4>a

Sifl

I'lirlaiuoutli ...

(quar.)

Wlnulslmmct
Worcester

ih

July

^2126 Auk.
1^ July
1% July

Chic. spec, (ipmr.)

(111

l>a

. . . ;

July

1

to

Aui;.

I

3
3>a

i

Ix-atlu-r Mauufai'turers*
Louf; iHlaiul (Hronkiyit)

6

Manufacturers' (Brooklyn)
Nort h A iinTica
Nortli UiviT

S>a

3
3
3'a

6
5
5

/^iiieiicaii

Hanover F.re
Harvard
Montaiik Fire (Brooklyn)
Niagara Firo

,^

7
5

People's Fire

July
July
July
July
July

A

Juue 26 to

Julv
July
July
July
July
July
July

'

June 26 to
June 28 to Juue 30
June 26 to June 30

July
5
Ou dom.
Ou dom.
July
1
July
1
July
1
15 July

FRIDAY. JULY

1

to

lSSl-3

1,

—

Second Quarter.

First Quarter.

Amount of

Average

Liatilitiefi.

Liatniities,

The Wa,shington
a net

$10,010
24,4C4

Amnuvt

nf

A ccrane

Liabilities.

Liabiltliis.

$-15,068,097

$23,972
19 738

17,081
8.»22
13.900

48,753,940
22,660,725
20,1 11, "89
16.499.395

dispatches to-day are interesting,

18,>>84

14.931

and report

June of $12,323J.i9, making
the total decrease for the fiscal year ending June 30, Sj 00,573,483.
At the clcsH of basiness 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 outstanding when the option to continue was given. Additional notices
for continuance already received wU probably reduce the
amount to be paid off to about $15,000,000.
The money market has been easy as a rule, and rates on call
are about 2(gi4 per cent, according to the collaterals. In exceptional cases money leaned at 5 per cent. Prime commercial
paper is quoted at 3(§)4 per cent. With the immense disbursements now coining on the market, there is every prospect of
extremely easy rates for call loans in the immediate future.
The Bank of England statement on Thursday showed an
decrea.se of the public debt in

increase of £200,000
in
specie for
the
week,
but the
percentage of reserve to liabilities was 44^, against 48>^jper
cent last week; the discount rate remains at 2^ per cent. The
Bank of France gained 4,595,000 francs gold and 1,356,000 francs
silver.

The
bank.s

last

statement of the

i.ssued

June

25,

New York

City Clearing-House

showed an

legal reserve of $1,265,800, the

increa.se in the surplus above
total surplus being $9,274,200,

a^inst $8,008,400 the previous week.
The following table shows the changes from the previous week
and a comparison with the two preceding years
1881.

June

25.

Differ' nees fr'm

previoiu week.

1880.

June

26.

1879.

June

28.

Lokrsanddls. $345,490,700 Dec.$l,075,9X) $28">,905,100 $253,575,500
8pei le
77,091,500
1.4SO.,">00
65.210.100
li>.6Brt.400
rironlatlon...
10, 144.3001 Die.
161,000
19.620.000
20.37l.3JO
Net depoaita
343.640,800 Dec
660.800 277.770.vOO 226.113.000
Legal tendera.
18,092,900 Deo.
381,400
46,902,600
21,715,500
tiiga\ reserve. 835.910,200 Dec. $100,700 $.19,412,700 $.56,528,400
Beserve held.
95,184,400 luc. 1,099,100
86,i)J5,90O
66,369.000
.

BnrpIuH

$9.274.20o|liu; .$1.265.80o| $17,483,200

Demand,

4 84 aj85>a
4 82H|34 83
»1 82>s

331Si««

40%

04>«»

01>3

86 34 8e>3
s4is»4 as
84 94 84lfl
20 as 18i«
40i«9 40?t

4
4
4
5

4 82

91^9

9.)

patches of to-day report of this call: "The Secretary of the
Treasury will issue a call to-day for all of the 5 per cent registered bonds not extended. The amount is est-imated at between
$30,000,000 and $38,000,000."
A further dispatch stated:
" The Secietary of the Treasury gives notice that any of the 5 per
cents called to-dav will be prepaid on pre.sentation with accrued
interest to date of presentation."
The closing Drices at the New York Board have been aa follows:
Pcrioils.

June
•25.

June

June

Junt

Junt

July

27.

23

•29.

30.

1.

•103
coulluucd at 3^ J. & J, 103
Feb. •10H4 n013e
rcK.
is, 1881
coup. 3: Feb. •10312 •103 "-2
J8, 1881
•11476
4is«. 1891
rejr. o.-Mar.
115
coup, Q.-Mar. 'lU'^s *114'(.
412.'. 1S91

103

•103
103 I" 103
•10138*101381 10138*100 18
103 "« 10;ii2 •103 »8i
•lilt's 114
115 i*115
•11-4 •'8 'lH-'s 115 I'll 5
116''8*117
rei;. Q.-Jan. •116^ *1163i •110?1 •1163»
Is. 1907
XI7I4
coup 'J.-Jau. •11734 n7'8 •117% •11731 118
la, 1907
•130 130 130
130
130
Ss, cur'cj', ]89S..reg. r. A J. •130
•1.30
•131
•131
131
131
63, cur'cy, 1396. .reg J. A J. •131
131 132 1311s 132
132
tfs, cur'oy, 1897. .reg. J. A J. •132
•131
•133 ;«132
133
133
8s, cur'cy, 1898.. reg J. & J -133
"?». our'oy. 1899 .ree. J.
A J. •131 •132 134 1341s; •134 134
* 'fUis is tUo prico bid at the muruiui^ board; no sale was maile.
6.-*,

V

1

Stnte and Eailroad Bonds.

—The

Tennessees and Louisiana

consols have been the principal bonds sold at the Board, but
The new South Carolina
tiansactions have been moderate.
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 investhave heard of no new defaults in the payment demand.
ment of July interest.
Messrs. A. H. Muller& Co. sold the following at auction:
Hands.
shares.
$10,000 Cincinnati Richmond
10 N. Y. Life Ins. A Tnist Co.430
Flirt
Wayne I!R. IsC
A
I4514
11 Bank of Manhattau Co
mult. 7s, due 1921
in20 Kicbnionil Coiinty Gaslisbt
terest guaranteed
65
llO^s
Co., Staten Island
721^
6,000 Jersey City 6 pev cent
lOGnardian Fiie Ins
water scrip bond, due
87151
50 HolTman Fire Ins
noi* and
1907, rcg
50 Wbeeler A WHson Maruf.
interest.
per
Co., $25 per sliare
5.000 Scioto Valley eonsil.
$45
sbare
7s. duo 1910. .10131 and
105
10 Old Dominion S8. Co
iutcrcst.
Sonds.
lO.OiiO .Mutual Union Tel.
$2,000 Lake Erie Wabash A
Co. subscriptions, 20 per
St. L. RU. 7s, due 1890
cent paid
100
OS's
(indorsed)
American Cable Condated
5,000
Va;
State
of
6s,
1,000
struction Co., 40 jicr
Aug. 4, 1853; .Tan.,
41 premium.
cent jiaid
51
1803, coupon ou

We

;

rear*.

$54,538,074
82,078,826
43,1 12,665
12,777,074
24,447.250

and

United states Bonds.— Government bonds a»e already feeling the effect of the Julv di(>buIs^ments, and the demand for
bonds has beea heavy. "I'he new call of Settretary Windora is
calculated to further stimulate the demand.
Washington dis-

Julv 15
P. HI.

The Money Market and Financial Situation. A review of
the first six months of 1881 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 extraordinary 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
It is true, that the
is booming with unprecedented activity.
circular of the Mercantile Agency of Dun, Wiman & Co., issued
to-day, shows a nominal increase in the failures in the United
States for the first half of this year as compared with 1880, but
these statistics are nece.ssarily 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 .'Vpril 1 to
Jane 30, there wa.s 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 million.s, as asainst 32 millions for 1880 and 65 millions in 1879. The following table shows, for a series of years,
the numl)er of failures in the first and second quarters:

1877
1878
1879
1880
1881

ou London
--

fntereil

Julv

(^o

SEW YORK,

. .

,'
Paris (francs)
Ainsterdaiu ((.'ullders)
Frankfort or Breuu'n(relrlimnrks)

itilHcellnueuu*.
Wella, Farso

bills

coiniiiiTclal

Documentary commercial

Inkiiranee.

Ocrman

fiteady,

Sixty Days.

1.

Prime hankers' sterling
I'rliiie

Itauk*.
Cbatliam
Cent iicntal

exchange market has been only

bills

'July
iJtily

Fanuin.t
PlttH. Ft.

^I'hu

are in moderate supply. The raovftmentof
securities this mouth will prolmbly be largely in favor of thin
conutry, and a renewal of gold iinixjrts is one of the early jkjssibilitios.
To-day the actual rates on 60 days' sterling bills are
4 83)i®4 84, and 4 85^^4 88 for demand, with cable tranrfere
4 8«M®4 S6)i. and prime commercial 4 82@4 82)6.
Quotations for foreign exchange are as follows, the outMide
prices being the posted rates of leading l>ankers.

commercial

TheroIlowtnKdlrldeadabaTa reo«atlr boeu sunoiiuced:

Namt of Company.

—

13

$10.040,600

;

Railroad and Miscellaneous Stocks.— At the date of out
the statements of the Vanderbilt roads had just been
issued and were therein quoted. The effect of these reports was
unquestionably depressing to the market, and not only did the
prices of the stocks of those roads decline, but there was a
The result,
bearish tone develoi)ed throughout the market.
however, was not large; stocks were apparently supported, as
usual, by strong buyers, and to-day there is a steady tone, with
last report

the prospect of a pretty strong closing prior to the July holidar.
The supply of money is enormous, and whatever may be thought
of the future or of the present high range of stocks compared with
fonner periods, the fact remains that it is contrary to the usual
experience of brokers that a heavy decline takes place in the
face of a 2 per cent money market.
An injunction ha." been placed on the Ma nhattan, prohibiting
the payment of dividends on the elevated railroad stocks before
July 6," when the question will come before the Court for argument.
Panama declares a dividend of §24 26 per share, payable Aug. 1.
We get from time to time a little more evidence in regard, t*
the loss of earnings on western railroads in the first quarter of
this year, and the following gross earnings are obtained from the
Rock Island report
"^

January
February
March...

1880.
$8-23,278

1881.

902,416

$921,993
713,478

1.244,540

1.006.814

$2,642,285
$3,070,?34
Totalgross earnings.'.
The expenses and the net earnings are not reported by months,
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, 1830, to Jan. 1. 1881—the net receipts were reported at
$4,341,000, leaving $98.^,000 as the net earnings of the last
quarter, ending March 31, 1881. Thus, on $2,64'2,285 gross earnings the net earnings were $985,000.
,i,;i..*ij-... »//ji. -

THE CHRONICLE.

14

[Vol. XXXIIl.

RANGE IN PRICES AT THE N.Y. STOCK EXCHANGE FOR THE WEEK, AND SINCE JAN.
DAILY HIGHEST AND LOWEST PRICES.
STOCKS.

Haniroay,

June

RAILROADS.
JJbmoT A Siuqa«bani>»

67 *

N. y; Atr-Line pret.
Pittfburg A Woaiern.
BarUngioD Cedar Kaplds <jt Ho.

BaAlo

Camuia Sonttarrn
Cedar Falls <ft Hlnnesota
Central Jowa
Central of Mew Jersey
Central Pacific

Cheaapeake

Do
Do

Chicago

1st pref

2d pref

A

June

28.

62 Hi

66

Wednesday, Thursday,
June 30.
June 29.
»126

69

81

81

68'!>

TO"*

68 14
46=8
66H2

69

46^

•81 Hi
64 Ha

69^

140Hll41>«

Alton

160
166

150
163»i 16334 165
14.1

pref

84
67

68

65

66

46

46=8

46I4

»81

824

80

654 67

Friday,

July

130
69

68

46I4

69

-804.-68 14
67

80
68 1«

66=4

1.

Chicago Barlin^ou <t Qnlncy..
Chicago A Kastoi-u Illiuois
Chicago Milwaukco ^& St. Paul. 124'el25'4 124Hil25»4 1231^126 '8 123 'e 125=8 125% 126=8 126% 127%

Do

Chicago

A

134 Hi 13513 134Hl 134Hl
13441344 134 135
125 Hi 126
125 "8 12618 124=8 12518 12514125=4 125 '8 127%
138 140
137 4138
137 UO
140
142 14 143 tl42 I45I4
143 Hi 143 »e 143Hll43Hl 143 143
•794 82
80
80
794 80
43i
42 '8 43 1« 424 42 'e
42 14 424
42% 43
43
106 14 106%
106 100
106 106Hi 1054 lOOH 1054106
65
64
6434
64
64
644 65
64
93 14 954
96
93
974 94
98 >8 98 14 97=8 98
139
139 139
140 140 *
140
140
2414 24%
24=4 26 14
24»4 26!^
23=4 24^8
23
24 =<

pref.

Northwestern

Do

pref...
Pacific

;

Do

pref-

A Clev

Clnolnnati Handnaky

Clereland Col. Cln. A Ind
Cleveland A Pittsburg Kuar

'

'

Colmmbns Chic. A Ind. Central.
Banbury A Norwalk
Delaware Lackawanna A West. 123% 124
123
Denver A Kio Grande
tll034ll2Hi 110

Dabuqae A Sioux Citr

•87
•88 Hi

A St. Joseph
pref
nonston A Texas Central
Illinois Central
Indiana liloom'u A West., new.
International A Gt. Northern..

Hannibal

Do

89
89 Hi

114 Hi 1 14 'e
99 'a 99 '8
13934 140>4

54 Hi

65

IO54IO6I4

654 664
934 94=4
'

24=4

124=8 12214123=8 122'el24i4 tl224 124=4
109=4 1104
llOHl 109 14 110
109=8 110

99 '8 99 '8
139 Hi 141
139 139=4
53 14 54 14
63=4 54 Hi

9214

92=4

114=4114=,
09=4

99=4

13841394
53=4

65

139
25

122% 126

HOI4IIO4

924 914 9214
114%116% 1144116%
994 99% 99 101
92

'

'139

55

140 14 1404

65 4

54=4

5ui4

A Missouri Hirer
Do
pref
Jx)nisTlI1e A Nashville
Louisville New Albany A Chic.
Manhattan
Manhattan Beach Co
Marietta

A Cincinnati,

Do

107 >« 106 Hi 107

A Charleston
86H>
Metropolitan Elevated
91^4
MlchlKsn Central
105
Milwaukee L. Sh. A West., pref •61 Hi
Mempbi!<

SOHl

90'e

.

Northern Pacific

Do

pref

Ohio Central
Ohio A Mississippi

Do

44,270

900
35,245
1,400
3,020

400
5,708
4,808
1,400
9,070

215
15,645

75,950
12,935

200
6,.520

4,365
1,050
3,810
6,852

37
90

44 H,

87 Hi
90
63
45=8

Se"*

8736

624
35

36

42^4

4318

34»8

Panama

Peoria Decatnr A Evansvllle. .
Philadelphia ARcading
Plttaburg Ft Wayne A Chic...
Bensselaer A Saratoga
Rlch.A Allegh., stock trust ctfs.
Bochester A Pittsburg

Borne Watertown A Ogdensb'g
Bt. louis Alton A Terre Haute.

Do
pref.
Bt. Louis Iron Mt.
Southen:.
Bt. lA>nis
San Francisco .
Do
pref. . .

A

A

let pref

..
» P".
Bt. Paul A Duluth

pref
_ Do
Paul Mtnneap. A Manitoba
TexaaA Pacific.

275
54

St. Ixiuis

Toledo Dcljihos
I'acltlc

Mt.
1)0

44=4

A

86

89

16
10

27=8
61
16
10

8514

88

90

92=1

Burlington

!'

..

Di-ef

miscellaneous:

,
American
District Telegraph
American Union Telegraph
ACantlc A Pacific Telegraph
Delaware A Hudson Canal
New York A Texas Land
Oregon Railway A Nav. Co!!"

100
26=4
48I4

10
85
88

10
86
92 14

10341044 103'el05%
69=4 •694 604
59

eO"*

34»8

280

555^ 15014
603^
59

73
74
43 'a 45

73
43Hi

40
61
96

61

73
45
42
63

96

52

5214
78Hi 78Hi

116

63

51
69 7(

116

51Hi
78Ha

6IH1
78Hi
II6I4 114

87 »^
99 '8

egjfe

34 "8

9914

84

68
42

87
87 14

10
8i

86=4

894

10
87

884 90

fl03=4 IO6I4
60=4 614

69=4

48
68

116
38
280
49
48=4
69I4
60
139

103=4

116
33
280

1054

45

46 14

63

64
96
82

64
96
82

114

994 994
654 684

33

84

56>4

67 14

66=4

93

684

93=8

93 14

1294
564 674

94 Hi

92=8

93 '8

60

6OH1

48 14 60

48

49

129% 129'6 128=, 129=8 128

01

734 74
454 46

Mall....

109 "4 109', 108 Hi 1094 108

170
62»ii

143 H>

.

I's

137
•SS-a
*72Hi

136

Am^^c^„i3"«""««
Colorado Coal A iron...!
Cpnaolldatlon Coal

"

Homeatakr Mining
!!'
••'""•"irif Mining
wiS"
Mariposa Land A MinSg...
Maryland Coal

^^

g-j|«consoi.MCV..-.::
Arinma Miiiuur'!
Onherland Coal A Itot.
C«ntj»l

g!»<«woo<l Mining.. .^r:
Kxcelalor Mining!...

NewCentralCoal....

424 424

108',

83

88

89

89
106

61
614 524 624 624
61
76=4 78
774 784 78=4 78%
11541154 115 115 114 116

88

88

1004100%
66% 674 67 14 68%
334 834
33
33
99'8 100

101

67% 684
454 45 14
34

34
129% 129% 129=4 129% 1314
674 594 58 'e 60
58=4 59'8
93
94% 944 964 94=4 954
464 46% 474 474
46
49

128=4

I's

I's

I'e

1"8

1%

1=<

64

64

41<\i

41=4

21
•2',
8
3

•26
29 Hi
•36 Hj 88
•19
19Hi
67
67 Hi
24Hi 24Hi
4S>4 43>^
4Hl
4Hl

624 63%
41', 424
2's

•14

a»»

19=4

19»4

664 664
224 24
42i« 42t<

8
•1>«

BUyerCllir Minin,

Tk«M tn tt* priCM Wd and aaed-ino sale

_2=4

8

294

•25

60% 614
41

25
37
19

41
20
2=4

'25"
87
19

67% 68=4
224 28

1»,

88% 89

137
136 140
185 139
137
84Hi
844 844 834 884
73Hi
724 724 •714 724 •71
139
137 187
136 140
130

•20
•1

108% 109

109

1094 109=^110

17SHi 170 1704 170 170=4 170 1704 171 173
170
68 Hi
51
63
50=4 51 's
614 61'6 61% 52'. 62 173
52%'
143=4 I4314 I4314 143 1434
143% 143=2 1434150
143 143

186 1364 ,136', 1364 135 186
91 'a 9214
914 92 14 t88=8 91^8

Aflana
American
United Bute*
WelliL Fargo A Co' !

6,360
367
28,940
3,785
300
642
25,850
27,775
121,370
3,800

Jan.

May

5 131

Apr. 7
Feb. 26
Fob. 24
644 June 28
16 Jan. 18
31 Feb. 6

61
!!!!!!

.?'*

138=4

137

834
724
136

83
70
136

62

62

"26'
2=4

264 264

•364 37
19
69

IHa

19 't
71=4

234 234

"84

•14

a

8
•l"*

•26

8

2
30

14

131

"ei'if

"63

"644

28

•364 37

194 194
704 71 '8
28

•8

•14

1%
91

x

•14
•26

88%

138
83
70
136

*19"4'2(J4
•2=4
8

•44
*8"'

1%

88 14 89

23

6
9

2

1.37

28
15,885

297
4,550
38,010
53,181
16,400
21,900

100
400
330
9,770
9,600

4,400
8,820

11
3,400
2,140

732
899
1,460
28,018
1,830
69,055
87,710
32,938

7,800

May

90
90

100
4,260
2,750

2%
194
714

23=4 28=,

414 42
•4
44
•8
84
14 14

44

42
79
68

June 4 63

June 30

Juno 22 48

June 23

Feb.
Jan.
21 4 Apr.
34 Jan.
9 Jan.
6 Jan.
41 Feb.
864 Apr.
1034 Apr.

42
53

7

26
12
4
7

25=4

364

19

May

4

18

77

464 Feb. 14 21
59% May 20 30
24
May 2 3=1
15
May 21 24
98 June 13 294
Feb. 14
Jan. 20

1204

64 'e June 2
59 May 27
64 May 21

1144 Juuel4
131

83
76

174
109

574
60
18

124
43
121

1304

284 494

June 23 12
June 3 100

39=4

Jan. 6 102
Feb. 25 166

May

24

1174 Junell 30

18
26 120

Mar. 22
May 20
Feb. 25
Jan. 28
Feb. 26
Feb. 25

294
123

Mar. 21

474 128
Jan. 3 122
166%
1304 Feb. 15 109 1274
52'8Jan. 16
95 Jan. 10

30
47

61

June 13 166

180

844 June 11
190

434 Feb
90
70
51

934

20
70

32%
86%

20

86

June '24 168

226

_

Jan. 29

May

26
Mar. 17

884 June 24 39% 674
37 'a May 21 14
284
47'8May 20 23
444
120 May 21 67=, 102
374 June 10
280

674 June 22 18
734 Feb. 9 134
142 May 17 112
146 JunelO 111
80
50

284
72%
129
139

Juno 23
Juno 18

504 June 3
774 May 12

19'(

16

86
43

954 Juno28 143=4 May 25 424 113
524 Jan.
864 June 14 344 66
39 Mar. 24 55 June 14 254 48
01 Jan. 4 814 June 3 83
6S
90 Feb. 26 1164 June 29 60 100
26 Feb. 9 42 4 May 4 25
40
70 Mar.
894 May 25 60
794
884 Jan. 7 106 July 1 67
88
41 4 Jan. 4 73% June 14 30
47%
41=4 May 13 47i4May 23
Mar. 10

23

38

May

13

1064 Feb. 25 1314 July 1 80 II8S4
39 Feb. 25 60 June 30 264 48
77 Feb. 25 964 May 16 614 88%
June 29 744 Feb. 12

46

60
36
31

May

23
3

05
67

Apr. 19

43

600
700
30

25

=4

'2,815

10,300
1,865
4,100

50

81

Jan.
Jan.

9

35

May

23

64

66
66
118

65

65

28
26

39%
89
304

Junell 42
June 18 100

May

23

June 7 194 424
Jan. 15
Jan. 4
Feb. 7

Apr. 22
May 27

I't

24
16

4%

27

89%
24%

58 Jan.
21=4 Jan.

71'BJune30 45

784,

27 Fob. 17
46=4 May 26
7
Feb. 14

34

25
4
10

155
100

7
1

la

4
6

June 18 1064 122%

334 Jan. 10 384 June 10 30
13 Jan. 6 20% June 22
9

600

Lowest price

6 140

6 884
4 75
4 142

Jan.

5

Apr. 27
Jan. 20

June 1 20
June 8 14
June 8
7
Apr. 27

34 Jan.

t

904
974

Fob. 21

26 1104

Feb. 25
Feb. 25
00 May 10
1644 Mar. 25
28 Jan. 4
70 May 14
00 June 28
32=4 Jan. 13
644 Jan. 25
234 Jan. 6
364 Jan. 4
97=4 Jan. 8
324 June 17
2194 Jan. 7
274 Jan. 4
50 Feb. 2
127 Jan. 19
130 Jan. 7
68 June 28
20 Apr. 14
26 Apr. 1
39 Feb. 28

26

waa mad* at Ou Board

29
87

23

i

204 June 15 294
1 's Jan.
5
84

3

274 28

71

May

Jan. 25 se'^sMay 14 17
274
Apr. 19 150 Jan. 6 994 1694
Mar. 23 153 Jan. "7 117 160
Feb. 26 1824 Jan. 17 113
1834
Apr. 21 95 May 17
101 4 Feb. 25 1204 June 6 004 114=4
117 Feb. 25 140 May 26 99 1244
117 Feb. 25 1,30 Jan. 19 87 H 130
1314 Feb. 26 1474 Jan. 17 104 1404
129 Feb. 28 148% May 21 1004 204
40 Jan.
88 May 23 22
48
404 Mar. 25 61 Jan. 22
91 Feb. 25 1094 Jan. 24
414 Feb. 1 084 June 22
81 Feb. 25 101=4 May 23 61
964
1274 Jan. 29 142 May 10 100=4 1294
19=4 Jan. 4 32'8Mav 20
94 264
60 May 12 77 May 24 50
63
107 Jan. 4 131 Mar. 9 684 1104
824 Jan. 4 113i4J«no 7 614 864
764 Apr. 8 88 June 14 60
83
44=4 Jan. 4 93 June 28 22 't 60 's
94 Feb. 26 1164 June 23 634 105
63 Feb. 26 106 June 18 49=1 914
124 Jan. 4 1404 May 21 994 127%
484 May 2 574 May 19
50 Jan. 6 92 May 6 374 604
130 Jan. 5 1364 June 20
14 Jan. 10 304 June 2
204
41 Jan. 4 56 Jan. 27
43Ha
38 4 Jan. 4 05=4 June 2
42=4
118 Feb. 25 135=4 Jan. 20
139%

15 120 Jan.
620 62% Jan.
140 61 4 Jan.
160 112 Jan.

•364 37
h'-l'^

Jan. 14

Feb. 26 96 Jan. 13 574 76
Jan. 6 50 May 20 32
634
89% Jan. 4 1164 Mar. 7 60
92=4
8
30 Jan. 15 47 June 4 26
30
4,159 136 Jan. 3 190 Feb. 21 102
147
22,250 45=4 Jan. 4 024 Feb. 18 274 63
1,573 1804 May 14 151
Jan. 3 1074 148
15,300
1
Feb. 6
24 Apr. 13
4 44
19,300 804 Jan. 3 137 'a June 20 774 1164
50,752
77 Apr. 19 94 June 20

20

•2=4

61=4

804
81%

26

404 Juno 20
45

120

66
84

82
70

•19

16 100
37

09 June 25
48'8Junel5

7,900

l.TO

82
69=4

Low. High

824 Jan. 4 112 Feb. 17
804 Feb. 25 102'8Junol8
20=4 Jan. 19 33% May 14
32=4 Jan. 12 48>4May 14

40,935
39%
12,120 86
12,664
184
585 118
3,900
63
23,880 140
0,880 103
65,964
43=4
3,700
82 4

420
300

.

PacMc

326

40

724 744

68

63

60

139

434 46

.

Pnllmsn Palace Car
^tro Tunnel
Weatem Union Telegraph

149,870

34%

60% 514

61

42=8

72

33=4

50%

70 14

954 964
504 62
77% 784

87
99 'e
68 14

9914
68'4

280
46=8 49
58=4 69

.

Louis APaciflc"'

26I4

48

614 62
49% 604 60% 514 604 51%
11041114 lll'8ll2
11141124
38
37 14 37=4
39% 38 'b 39%
126 126
126% 1264
86
874
84
86
145 '8 1464 146 146=4
145 14 146
145 145=8 145 145
107=, 1094 108 110
109 109
IO84IIOI4 108% 110
4514 4eHa
44=4 45=8 45% 46
464 464 464 47 14
86
86Ha 87=8
884 864 86i» 874 88
88
88=4
814 814
185 186
185
36=4 3714
37
374 36=4 374
354 36=8 364 37
62
62 Ha
60
62
60
614 604 61
61 '(
61
44^8 46
451.
44
44% 46 4 44=4 45
44=4 45it
85
87
844 85=^ 84=4 851.; 854 85=4 854 864
35 14 86 H
34=8 85 14
34 14 35% 354 35=4
35 14 35=4
40^8 43
40
41=4
404 41 14 41% 424 414 424

275

^.

Bt-

112,510

'

pref

Ohio Southern

union

26

63

1074 1074107=4
105 107=(
24
26'4 "254 "26=4
484 484
106=4

50 14 61Sfe
51
49 14 60=8
111=8 lllHaH2Ha 111
111=8
38=4
37
88 Hi 364 37 14
125 Hi
125=4 125=4

.

Wabash

27Hl

94
90Ha 9II4
103 '9 106 Hi
106
61 '4
69 Ha 6H4

111
38 Hi
125 Hi
A St. L. 89 89
York Central A Hudson .. 145 14 146
York Elevated
109 111
York I.jike Erie A West.. 45'b 46=8
Do
pref.
8734 87 »4

A

27
60

1st pref.
prof.

New
New
New
__
Kew
York A New England ....
New York New Haven A Hart.
New York Ontario A Western
Do
pref.
Norfolk A Western, pref

1064 10641064
100

2814
5334

2d

Missouri Pacific
Mobile A Ohio
Morris A Essex
Kaahville Chattanooga

106

1881.

Highest.

164 Jan. 26 38
107
27^8
63>4

Milwaukee A Northern
Missouri Kansas A Texas

1,

410 23
375 132
100 140
1,256 100
90

200

62

61
61 't
63
61
61 's 624
63
69'8 6078
584 61
12718 128"a 127Hil28Hi 126 'a 12818 12741 28I4 tl25'8l28'8 125=41274
60
63
69
69
80
60

)

Louisiana

•

39,462
31,419
2,140
2,237

87

'

89I4 92=4
92
93
114=4 1151* II5I4II5I4

94,565

27Hl 27Hl

Do
pref
Lake Erie A Western
Lake Shore
Long Island

Texas

127 129%
140 142
142 1424
•794.--42=4 44

Range Since Jan.

120
45
37
78 69

8,020
1,105

A

Chicago
Keokuk A Des Moines
Jollet

13541354

>

Chicago Kock l4 A
Chicago Kt. L. <t New Orleaus..
Chicago St. Paul Minn. A Cm..

Sales of
the Week,
Shares.

500

99'8l01i4 1004101=8 IOI4IO2I4 101% 102%
994IOOI4
994100
99=<
98
97 Hi 100=8
30
30
29 '4 30
30
30
29=4 29=1
•44
45
45
46
44 Ha 45=8 444 444
•31=4 33
•32
33
33
33Hl 331^ •32
13941394
139Hal39Ha 1384140
•150
140
163 163
164 164
162 Ha 164
163 163

100', 101 In 100 Hi 1011%
100 Hi 101 >« lOOiglOl
30 '4 30 Hi
80=8 SO^i
45 Ha 45Hl
46
46
•33
33 Ha 32J4 32Hi

& Ohio

Do

Tuesday,

123

A

Boston

26.

Mondav,
June 27.

1.

Range for
Year 1880.

ex privilege.

11

364
7

20

June 8 23
Jan.
Jan.
Feb.

21^
70

114 26%
8
6
264
3
9

Apr. 13

20
_2i4.

36

6%

JCLT

9,

THE CHllONKXE.

1881}

Railroad Earnings.—The latest railroad eamingn and the
from Jau. 1 to latent dates are >tiven below. The Htate
ment includes th« gross earninffs <if all railroads from which
The columns under the heading;
retnrns can be obtained.
" Jan. 1 to latest date" furnish the gross earnings from Jan. 1
to, and including, the period mentioned in the second column:
totalH

15

—

New York City Banks. The following statement shows th«
condition of the Associated Banks of ^ew York City for the
week ending at the commenoement of bosinesa on Jane 25,
1881:
Avnogs ummmiot

—

tiankt.

^-Jan. 1 to latest date,—
-LalesI earmuiia reported
IRSO.
1881.
1880.
Week or Mo. ISHI.

Capital.

.

!|i.'.2.y07
Ii!l5.3l4
$292,887
Ala.Ol.Soutlieni May
l.Oliti.OOO
678,000
Atoh.Top.AS. Ke.Miiv
80,205
22.884
23,060
BoBt.A N.Y.AIr-I...\i>ril
33.334
935.055
49.241
Biir.tMtjip.AN<>..3(l«k.Iuno
H8.079
8.585
7,120
Calru A 8t. I.iiuU.2(l\vk Jiiuo
2.0IIS.OW) 1,778,487 8.707.133
Central Piu'ltl<!...Miiy
199.414 1,054.988
252.235
May
Che». AOlili)
OWoaRO A Alton .3(lwk.Iiiiic 163.274 157.506 3.041.435
5,33.-).289
1.574.371
1,489.894
Q...Aiiiil
Hurl.Jfc
Ohio.
36,839
25,743
729.121
Chle.&KftSt. I11..3clwk.Iiine
28.273
28,013
677.504
Clilo.&O.Trk.Wk.tn(Uiiiie25
Ohlo.Mil.A St. l*.3ilwk.Junc 391.000 185,343 6,588,000
364,000 8,222,956
OhlK. it Nm-thw..3ilwk.Iiiii« 5'-'9,()()0
XI1.916
60.329 1,494,328
•CUl.St.P.Min&O.Sawk June
17.869
13,818
410,545
Ohio.* W. Mloli.lNtwk J'uo
18ti.»95
879.930
188,804
Cin. Ind.St. L.&l'.Miiy

Clncmnatl SoutU.Ai.rll

i

CIn.

BprlnKf.

..3(1 wk.Iiiiio

Cl6V.Col.Cln.*I.3dwk.rime
Olev.Mt.V.it Dill. :filwk Juno
Denver
Klo Or Silwk. June
De3M.&Ft.l)(Kii;e.3dwkJuuo
,\r

ANo...May

Det. i.aus.

Dubuime<S[8.Clty.2dwkJiiiie
Eaatorn
February..

lElwtTenn.V.ACi.lstwk J'lie
Flint* I'cre Mar. 3(1 wk June
Oal.Har.& San A.May
QrandTruuk.Wk.cnil.Apr.SO
Gr'tWeitem.Wk.<Mid.J'n«24

A Minn.3dwk June
HanuUial&Sr. Jo 3dwk June
•r'n Hay

Houat.K.AW.Tex.May
Houst. .tTexaaC.3dwk June
lUlnoisCcu. (Ill.).May

Do

(Iowa).

May

Indiana Bl.&W.. 3d wk June
Do Ohio Dlv.3dwk Jane
Ind. Doc. * 8p...Mav
Int.&Ot. Nonli..3dwkJuuo

Iowa Central
May
K. C. Ft. S.&Gulf.3 wks May
Lake Erie & Weat. 3d wk Juno
Lonisv. & NasUvUdwk June

Memp.&Charl...3dwkJuuo
Men:p. Pad. &No..3dwk June

wk Juno
Minn* St.LoulsSdwk May
MILL.
Mo.

Sh.tt West. 3d

Kan.'t.

ATox^dwk Juno

Missouri Pacific IstwkJ'ne
Mobile & Ohio.... May
Na«hv. Ch.&St.L.May

173.929
19.738
101,409
8.236
loC,.842

9.333
116.005
25.983
192.105
29.554
36.135
H0.0J2
215.296
93,833
10.921
45.903
11.708
53.763
499,200
137.070
23.024
18.769
35.123
37.376
74.067
70.319
29.723
186.000
19.310
3,477
11.194
24.994

17.930
84,950
8,406
70,335
7,297
91,092
18,910
175,345
26,.536

30,308
78.616
181.138
96,942
4,075
41,784
6.633
48.303
521,739
140,381
29.454
15,990
26,314
22,691
63.577
51.562
20.808
156.300
14,120
3.220
5,814
12,563

628.194
445.707
1,872.160
191,911
2.380.829
145.134
499.233
427.846
390.748
853,872
856,814

161. SOI

6.779.742
1.044,782
3,264.727
6.007.022

510.854
5.53,015

5,157,866
7,942.021
l,2(i9,032

341,434
883,461
405.626
1.803.354

io.ns.ooo

a.ooo.ixxi
S.OOU.IHXI

e.HTes'io
T.938.400
«,317.000
6.017.200

Merctiuntfl

Uecbuuics'

Phoenix
City

Tradesmen's
Fulton
Chemical
Merch'nts' Rxch.

Qreonwich
Leather Man'f 'rs
Seventh Ward...
Stateof N.York.

1.000.000
800.000
200.000
200.000
OOO.W,0
800,000
800.000

Aracrioan Bxch..

5,0(K).fwXI

Commerce

5.000.000
1,000,000
1.000,000
42a.70O
1,600.000
450.000
200,000
700,000
1.000,000
500.000
3.000.000

764,195
707,183

IrviUR

Broadway
Uercanlile
Paoitic

North America..

Hanover
Metropolitan
Citizens'

Nassau
Market

1

3,541,981

4'i9',6'35

423,043

481,817
91.235
224.474
175,569
295,247
209,043
2,092,293 1,881.172

Park
Mech. Bki;. Ass'n
North Klver
Baat Kiver
Fourth National.
Central Nat
Second Nation'].
Ninth National..
First National..

891,352

German Eich.

880.5.50

Germania

7,765,679
5,836.708
861.374
1,470,665

U, S.Nat.

768',750

1,796.597

855,494
1,191,500
165,02
16,212,593
153.712
1.413,774

592,936
298.104
2,540,192
1,068,530
1.372,139
128,326
332,818

_Total

The

June
"

"
•

"

25...
27...
28...
29...
30...

839,543,26
1,525.929 74
1,266.970 27
1.173,427 45
1,630.408 61
1,173,113 74

Juljr

1...

Total

7,614.393 07

5.935.313 43

$4 84 ai*4 87
Kapoieons
3 33 a
86
X X Relchinarks. 4 73 a 34 77
XOullderH
3 94 9 3 93
8p»n'hDoi;bloon«.15 55 a>i3 75
Mei. DoU"loon8..15 50 »15 go
Fine Bllver bars .. 1 12 »
_ 1. 13
,„
Fine gold bars
par a "4 prem

Dimes A

»a

dimea.

—

do's*

and

••

Mar.
"

"

•'

"

"

7....310,h50.000
14.... 317.730,900
21. ...324.102,800
28.... 332,025,700
4. ...341.691,900
11 ...317,494.900
18....S48,566.60I
25.... 345,490,700

118300

1.285.000

4,288.000
1,910,700
1,269,500
1,8I«,100
3,237,600

9O7.80O
432,200
21.V0O
67.600
929,300

310.000
646.000
S67.200
376.100
99.100
366.000
419.700
107.100
197.50(

6S.400
155,200
147,20-1

102.800

4.4fl5.l0«

1,100

267,600

1.981.1200

786.000

1.483.500
14.621.900
4.1IS,70C
2.577.800
1.601.900
1,(102,000

904,100
8.488.700
1.089,000
8.699.600
18.004.000
U.22i>.000
8.966.800
6.862.600
2.961.000
8.718.800
8.697.900
1.766.600
2,761.200
9.404,000
2.98S.70«i

16.877,000
2.869.800
2.433,000
2,4411.800

407.700
'69.800
231,200
174,000
2,700
48«.8a0
86,000

8»7.»0O
S69.00C
1,121,008

45,000
6,400

79l,86o
482.400
2,2SO,000
260.900
8.900
460,000

446.200
460.000
4.800
762,800

1.670. IOC
4.O01.OOO
2.048.000
9.859,300
I.9S3.800

*ijm

4,lS7.0iK>

24.709.9CO
21.959.70C
76i.9l»
1,0-7,900
86H.000
20.181.300
9.770.000

1.090,600

3.6:19.000

45,000
586,700
412,100

45,000

222.800
799.200
1.287,000

6.318.400
18.762.200
7.120.500
1.124,700
1.438.600

287.706
223.800
180.000

•1.680,900

2.369.200
4.600.900
2.034 20O
1.382.300
I 370,700
3,380,280

445 JOO

week are

as follows
Dec.
.Deo.

:

$866,800
161,00«

.

62.^19.300

Boston Banks.

6II..S04.200

69.2S9.400
73,348.500
76.887,700
SO.518.300
79.1:14.800

76,032,100
76.902,800
73,611,000
77,091,500

L. Tenders.
t

DepoHtts. CirciiVitlon. Agj. Clear
*
«
I
298.9.11.900 13.315..''>00 1224.918.188
303.ol2,3JO 18.330.700 935,439,473
15.9.17.500 317.097.!00 lh.3M.3f)0 1012.395,915
15.516.000 3i)7.»-3t, 00 18.3>2.3()0 947,812,074
14.8,S7.300 307718.100 H.23',3DIJ 1105.492.825
13.OJ8.000 296.317,300 16.181.890 1143.978.645
13,289.200 274.443.600 15.448.500 I241.060,57»
12,486.600 271,68-<.80O 15.488.100 1020.907.988
12.241.200 277,931.600 15.771.100 812.503.681:
12.034.500 275..'586.500 18.830.600 774.884.70S
12,710,500 275.495,400 16.713,500 950,446.299
12,47.i.700 282.788.300 16.709,000 815.034,488
13,428,600 288,821,100 18,880,200 721.178,859
14.418,200 292.653.000 17.217,400 978.263,386
13.781,700 294.636.300 18,800,100 879,862,835
16,024,600 303,038,900 18,664,200 1114.476.789
17,134,100 316.S18.400 18.596.900 :078.352.065
17.873.000 3-2fl,6I1.700 19.135..300 1212.647.632
18.633.800 3:i2,Hi,SO0 19.301.'2OO 1I9S.72'I,141
18,325,300 339.5^.010 19,283.300 919,391,800
13,313.300 345.613.200 19.230.100 978.180,859
18.474.300 341..107,600 19.306.300 1019.215,091
18,092,900 813,840,800 19,144,800 953,507,158

16.393,600
i;.'«7.9D0

—The following are the

totals of the

Boston

banks for a series of weeks past
Loans.
1881.

Mar. 28..
Apr. 4
.

'^

par

2,677.90:/

1.568,300
191.900
83.000
38.60C
378.700

1.436.400
1.648.000
1.428,000

<10.429.800

9.... .305.244.400
16.... 306.383.400

June

»fl8.

25a.ilKI

221.600
61.800
271.000
108.000
97.100
420,600
143.000
329.400
917.000
20.000
197.000
117.900
810.000

3634,300

6,130,90C'

59.532.000
57,668,900
57.611,000

23.... 305.717.600
30.... 804.433,200

"
"
"

445,905

23
41

188,700
209,100
210,200
2;n,ioo
97.700
173.000
931.100
292.700
312,000

1.293,800
B3S.900
7,599,000

8,041,001,
i8.73'i.000

Specie.

19. ...300,177,300
28.... 300.622,000

••

6,082,677

81

2.836,400
9.3 16.400

12. ...317.139.100 67.8)O.B0O
19.... 320,807,300 fl.>.S19,«00
28. ...316.684.400 58.0.L200
5.... 298,485,400 54.894,100
12.... 296.263,900 55.868,000

"
"

May

69
46
13

1.4fi7,90<i

21'' ,200

4M.000
880.000

are the totals of the New York City Clearing
for a series of weeks past:

Loans.

10,158,616

6,469.426
6,044,115
6,129,291
6.067.281
6,133,334
6,040,721

481.200
780.900
716.100
232.600
21S.0P0

le.l83,40(.

1881.
«
(
Jan. 22. ...307.839,600 66,484.100
" 29.... 310.682.200 6ti.2'J1.100
Feb. 6.... 310.092.900 H7.fl03.700

11..
"
18..
" 25..
May
2..
••
9..
" 16..
" 23.
" 30..
Jane 6..
••
18..
" 20..
••
27..
*

L. Tenders.

Specie.

S
146,114,000
147.551,200
148.289.900
146,129,200
148,037,100
147,867,400
149.674.900
150.338,500
150,121.100
161.084.400
162,816.300

5.842.300
5.818.200
3.607,100
H.084.800
6.592,000
6.843.200
6,744,400
6.843,400
6.678.700
7.508,700
7.964,200
7.855.900

16!(.'29tl.400

1511.957.800
15-i,637,0«0

8.2'«).10O

8,457.100

InoludinK the item "

Deposits.' Circulation. Aat. Clear.

8

*
2,793,700
2,870,000

85,483.100
83,828,900
88.969,800
88.689,300
90,121,300
91,461.900
95.954.900
96,911.700
98,613,900

2,4-<S,300

2,481,400
2,769,100
8.027,700
8.117.800
3.039.100
2.938,200
3.294,700
3,380,100
3.328,600
3.174,300
3,612,900

101,6.'il,500

106.244.700
109,761,500
114,588,700
116,102,800

20,975,500
30,135.800
80.282,700
30,461,400
80,624,5*0
30,622.000
S0,TI0.600
30.939,900
30,997,100
80,476,800
30,882,700
30.988,800

80.71S.M0
30,778.100

88.840.828
69.096,257
70,483,791
79.106,341
77,868,834

80.14a.8M
98,484 JOi
88.881,871
02,868,818
87,808,888
83.884.803
88,471.0yr

due to other banks."

Philadelphia Banks.- -The

totals of the Philadelphia

banks

are as followa
1811.

Mnr 23
Apr 4
"

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

Hit

Macdonald becoming members from July 1. These
gentlemen are well known in financial circles as active and
competent business men, and the firm has done well in adding
two such partners to assist in its increasing business.

"

J.

Hon.

H.'xa.HOO
4.173.000
12.447.900

|

The following

•*

Henry

CKreula.

House Banks' returas

'•

$

61t).00b

609.200
465.SO0
43.000
336.000
88.800
166.000
837.-00
ass.Noo
187.500
60,800
132.000
203.300
170.700
47.800
116.600
638.000
70S.600

10.188.000
6.778.400
7.072.600
7.TO5.00O

Deo. (1.073,9001 Net deposits
Inc. 1,180.500 Circulation
Dec.
3jl,40C 1

Specie
Legal tenders

"
"

Currency.

824.60C

deviations from returns of previous

Loans and discounts

1,098,232

— 993|»» par.
— 92 ® — 94
Five francs
Mexican dollars.. — SS'ta — 89 'a
Do uncoiumero'I. — 87 » — 89
Engllah silver
4 75 ® 4 82
Prus. silv. thalers. — 68 8 — 69
U. 3. trade dollars — 99'4* — go's
U. 8. silverdoUars — 99'8* par.

Silver '48

a.

61.162.700 P45, 490,700 77.091.500 18.01i2.90o'a43,640.800 19.144.300

April 2 ...300.28>l,100

—The following are quotations in gold for various coins

Coin.3.
floverelgna

20:j.000

..

200,000
600,000

Balances.

$
«
817,263 07 79.328.053 95
1,498.320 76 79,780.776 16
1,032,604 39 79,929,906 37
712,982 96 80,452,420 18
842,420 95 81,174,355 42
1,031,521 30 81,413,560 65

1.000.000
300.000
250,000
200.000
750.000
300.000
100,000

N. YorkCounty..
Qerm'n Araeric'u
Chase National..
Fifth Avenue...

1,489.300

2.817.000
6.787.60C
8,3l4.60C

1)93,100

2.072.000
3.781.000
4,I88.00C
9.124.80C
2.08H.100
8.870.000
22.079.700
IS.229.200
953,400
901.000
1.009.909
20.11B.60C
9.670.000
8.1I7.C00
6,127.600
16.994,700

500,000

Third National..
NT. Y. Nat. Kxch..
Bowery National

tt,300.900

1.001,000
8.101.^00
1.088,500
8.674,900
15.046.000

4112,100

1.000.000
300.000
400.000
1.600.000
2.000.000
500.000
240.000
250.000
3,200,000
2.000,000
300.000
750,000

Tr..

S.4m.00b

6:0,100
376.100
131.000
14.700
606.000
261.800
715.700
2.888.000
6.648.700
681,100

l.Wi.iOO

275.600
403,400
847.100
771,000
230,000
2,033.400
26.400
970.000
5.903.100
4.732.000
209.500
21.600
120.000
4.299.800
962.UU0
621.000
1.184.100

l.OOO.OtX)

k

884300

4,879.';00

•J.896.700

Corn Kxchango.
Continental

Marine

4309,000

2.140.50C

39.286
1.407,680
2,351,361
670,738
544,010

Importers*

Ult.OUO
4.060.000
3aO,700
409.600
8.696.S00

2.t>»5.80l'

500.000

Oriental

2.617.600

4.I6W.000
IO.120.IOO
8.JI2.400
1,788.100
l4.4SO.9OC

600,000
.500,000

S67,.')00

76II.H00

lo.4)!9.100

6OO.(K)0

Nicholas
Shoe & Leather.

298.000

«,485,oao
1,273,900
i,eAi,aoc
1,386.000

,000.000

St.

S.

$

...

1,082.,':08

531,646
572.2S8
4.819,105
554.238
108.068

Coin.

300,000
1.000.000

Butchers'&Drov.
Mechanics' A Tr.

Peopie'H

137.488

Payments.

flOO.OOO

Gallatin Nation'l

and payments

Receipts.

s.ooo.ooo
1,200,000
s.ooo.ooo
1.000,000
1,000.000
1.000.000

Union
America

Republic
Chatliam

Siib-Treasar/.—The following table showi the receipts
at the Sub-Trea-sury in this city, as well as the
balances in the same, for each day of the past week:
U.

a,oao.ooo

Manhattan Co...

377.(i59

685,102

,

.Ssw York

200.935
971.731
128.991
463,899
451,014

181.994

87.924
129.249
976,831
164.430 158.839
921,674
N.Y.Cent.&Hud March
2,668,250 2.854,835 7,366,426
N.Y. L.Krle& W.April
1,709,057 1,643,151 6.425,520
N.Y.&N. EnBl'd.May....... 215.271 183.701 1.003,522
N. Y. N.H.AHart.Aprll
457.680 384.483 1,724,100
N. Y. Pa. A Ohio. April
471,973 412,870
Norfolk A West... May
145,202 131,407
832.402
NortheruCeutral.May
465.538 329,788 2,174,579
Northern Pacitlo .3d wt June
9S.764
38,058 1,130.566
Oblo Southern
3<lwkJuue
6,974
Oreg'nR. Nav.Co..Ma.v
419.600 327.517 1,395.252
Pad. & Klizabetht.2it wk June
9.438
229.843
6,882
Pennsylvania ....May
3,836.897.3,417,916 17,746,402
Peoria Dec. A Ev. 2d wk June
11.863
9,891
254.490
Phlladel. A Krl6...May
343.742 311,470 1,372,442
Phlla. A Kc;uliug.M.iy
1,688.802 1.457,881
8t.L.A.lt.AT.H. ..3dwkJune
23.703
23,075
683,764
Do (hrchn).3dwkJune 11,700
10,431
354.624
8t.L.IronMt.A8.3dwkJune 121.400
99,183 3,224,919
Bt.L. ASan Frau.3it wk June
38,328
41,742 1,389,947
8t.P.Mlnn.A.\Ian.3d wk June
91,011
53.300 1,824,824
Boloto Valley
3d wk June
9,002
153,932
4,576
South Carolina. ..March
130,841
366,796
94,594
Southern P.aciflc.May
503,000
2,015,300
Texas A Pa(.iUc..3dwkJune
64,669
37,944 1,562,223
lol. Delp. A Burl. 2d wk June
6,635
2,927
Union Pacific ....25 dys J'ne2,171.000 1,636,000 11,108,613
Vloksburg A Mer.May
30,663
Wab. 8t.I,.APao. 3dwk June 357,761 291,297 5.927,744
Wiscouain Cent. ..May
113,332
80,328
457,962
•Including St. Paul A Sioux City lines.
tlncludlnK Selma Rome A Dalton.

other

than U.
»

MS.2I0
W.i.iMll)

1,088,649

IJTi.llO

VstOept's

Lsoat

Bpeeis.

discounts.

$215,145

3,473.119 3.237,331
2,489,766 2,287,607

957.051
52.200
1,069,675
2.317.113
381,538
558,136

Loans and

*'

•'

11
IS

25
2

....
.

..

.

..

....
...

9

....

10
23

...

....
....
....

L. Tenders.

8

74.*i3.494
76.101.003
74.801.576
74.512,679

8
17.530.152
17.57S.87S
18.685,372
18.914,606
19.884.068
19.608,525
18.906,813
19.451.146
21.210.584

78.48'5.827

75.34il.48»

23.1-,4.3i8

IS
20

....

78,812.684
76.471.207

....

77.9.>l.688

87

..

78,186,818

83.720,080
88,880.887
81.820,180
81.981,088

30

Jane 6
,.

....

I,oanj.

70.178.868
70.260,005
71.181.798
72.305.791

Deposits,
$
61.171.413
62.4156.358

63.771.4SO
87.869.340
87,801.928
88,373,889
6;.027,8U>
88,609.105
70.197.686
74,688.803
74.982.614
74.033.519
74.601.779
74,343.655

Circulation.

dan. Olsar.

*
10,006,708
10.105,583
10.115,128
10.134.9H1
10.1'23.558

10.264.S08
10.473.543
10.834.183
10,819.090
10.237,440
10.243.210
10.476.009
10.473.674
10.447.168

45.W8308

osIm^

48.067ST
44.007.138
61.S60.874
48.156.848
66.076.478
61,588,887
68,188,888
62.214,868
65.428.818
62.579.880

T^^

THE CHRONICLE.

16

xxxm.

[Vol.

AND BONDS.
GKNEKAL QUOTATIONS OF STOCKS quotatioa.,
are fre loently male per share.

val:.9. Whatever the par may be other
" g-d." for gaaran teed; "eud.," for endorsed; " ooas."
u,ea. vij •' .M.." Tor mortgage: "g.,"forgoU:
" e. f.," for sinking fund " 1. «.." for land grant.
"
conTcrtiblo
for
conv.."
lor oonsoUdated
to late mail dates.
In New York are to Thursday from other cities,
Quotations
.. ._ ..^
...
**
"^
a flivor by giving notice of any error dUcovered In these qnotatlong.

Qaotattons lo ^^v, York represent

t:.e

p.r ceat

:

V^^Zn,rJ>^ZVuoZ. TO otter,

•

;

;

;

„

;

S„b,er,ber.win confer

UNITED STATES BONDSc

.

do

Class "C," 2 to 4, 1906
68, 10-20,

&

J

1900

7s,
78,
,

R.

I,.

& Ft.

&O

1900. A
L.R., 1899.. A

8. issue,

Memphis*

100

la's

&0

171s

13

16
16

78,L.R.P.B.iN.O.,1900..A&0

&O
&O

78, Miss. O. ik R. Riv., 1900. .A
78, Ark. Central RR.. 1900. A
78, Levee of 1871,1900
J

California— 68, 1874
Contieclicut— 6s, 1883-4-5
Delaware— Cs
Florirtii— Consol. gold 6s
Georgi.t-G.s, 1880-86
7s, new bonds, 1886
7s, endorsed, 1886
78, gold bonds, 1890

6s,
es,
68,
6s,
OS,
68,
6s,
5s,
Os,
5s.

85
J 103
30
J

Arkansas—68. funded, 1890.. J &

&J

104

J

J

it

J 114

J

102

nils

U7"
.17
120^2
113

114'v.

..Q-J
Q— 119

AiO

88, '76, •80Kansas—7s, long

110

J&J

63 H
58
103

louisiana— .Vew con. 76, 1914. .J&J
78, small bonds
Maine— 4s, 1888
F&A
War debts assumed, 6s,'89-A& 01
War loan, Os, 1883
M&8

64 >4
10.)

117
104

Q—
Q—

I

A&O

do
do
1894
M&N;
do
do
1888
A&O;
Michigan— 6s, 1883
J & J 103
78, 1890
M&N no
Minnesota— 7s, RR. repudiated .
00
Missouri—6b, 1886
J & J IHH
Funding bonds, 1804-05 ....J & J 1^0

Long bonds, '89-90
J&J 115
Asylum (ir University. 1892. J & J 115

reg., '87.. J&J
gold, coup., 1887
J
J
gold, 1883
i
J
J
gold, 1891
J
j
gold, 1892
gold, 1893
H. Carolina—6b, old, 1886-'98..J&J
OS, old
A
««.
C. KB., 1883-5
J & J

&
&
&

111

113
123
132I2
lOd

124
132
105

ion
103

ot,

M,

i'26

A&O

RR

M.
M,

do

do

A&O
A 40
J4J

olassS

new, 1910
new. small
Ohlo-<i8,1881
48,
48,

....Vj& J

_«»».188U

Peunsylvama—5s,
58. cur., reg.,

$J
f*-

new.

reft-.

::j4j

K&A

reg.,

F&A
F&A

1882-02

22
73f

6

7
89
85

119

old, l><00-98

new bonds, 18921900
M, new scries, 1914

2«.

_,* *St-<lu« MMipDUS ....

..

J

..J
..J

&
&

&

j

73 "i

J

75>,

J

7514

*»«*»-«". 1802
...^,
..M&SI
78, gold, 1802-1910
M&.8I 125
78. gold, 1904
J Aji 125
Vermont-OS. IHIK)
j
Virginia— Os. old, 1880-'05....J & J 39
as, new bonds, 1886-1896.. .J & J 38
BSiOonsol., 1906
j A J 121
do
ex-conn., 1905...J & J f>'4
5«,
6«, eonsol., 2.1 scries
J A J 40

in

6s. deferre*! tiondn
'

17

Price nominal ; no late traDsaoUon*.

Me.— Os.r.ailroad

—

—

J&J
6s,
121
113
114
68, gold, fund., 1900
1 13
6s, end., M. & C. RR
115
6s, consols
J&
Varl|102'4 102%
Milwaukee, Wis.— 5s, 1891... J & Dt
llOl
102

35
33
45
50

J&J 125
J&J 128

Q—

128

A&O

126
114

A&B

101% 102

aid, [98..!

8

&
&
&
&

M&N
M&N

117
106
103
110
140
139
140
125
128
103
103
102

J

J

U5

108
109
121
125

7d
60
103
76
123
122.

48

J&Dt

113
105

t

102

Co., O., Os
7s, short

i

1904

Mich.— 78, long.
7s, water, long
.Olstrict of Coliimhla—

Detroit,

Consoi. S-Orjs, 1924, coup
Oonsol. 3-05S, 1934, leg....

.

0%

Enizabeth, N. J.— 78, short....
78, funded, 18^O-l'(05

112
130
130

78, eonsol.,
7s, 1903

1885-98

&N
M&N
...M&N
M&N;
Os, street impr. stock, 1888. M & N
7e,
do
do
1882.M&N

1

6s. new, reg., due 1895 &over.J&J
48, new
Plttsliurg, Pa.
Is, coup.,1913..J&J
J&J.
5s, reg. and coup., 1913
7s, water, reg.&cp.,'93-'98...A&0Var7s. street imp., res, '83-36
Portl.and, Me.—68, Mun., 1895. Var.l
Os. railroad aid, 1907
Portsmouth, N.H.— Os, '93, RR. J&J I
Poughkeepsio. N. Y.— 78. water
"rovldence, R.I.— 5s, g.,1900-5.J&J 1
J
63, gol;l, 1900. water loan... J
63. 1835.
SI

40
40

4.T

It. J(>.<epli,

45
45
45

Bridge

1

I '27

LI3I2

130
115
130
110
117
110
1051a

lis
1-25

134% 125
113
116

&

rliehmoud,
8s

no

.58

Soohester, N. Y.— Os
78, water. 1903

Rockland,

40

(t.

J

03

Mdge

132
106
Var. 106
J & Jt 122

1891

Mo.— Os, short
63, gold, 1890

&

J

A&O

113
113

IJBBowal, gold, 6s
Var. 112
SBwer. Os, gold, 1891 -'93
Var 113
St. L. Co.— Park, Os, g.,1903. . A & O 1 18
7s,

:

95

J

Var.l loO
& Dl 111

J
do (new). 1802.
approach, 6a

Minn.—
1890

«. Paul,

In London.

103
116
135
107

Me.— 8s, '89-09,RR..F&A 00% 100
83
Var.
Mo.— 78

10.8,

Os, '88-'90.

114

Var. 110

Currenev, 78. 1837-'83

.108
il3i

II41-.J

J&J

Louis,

Water
do

100

J&I

Va.—Os

117
125

II7I2 118
137
130

M&

Via
113

41)

t

107
122
110

116

M&S

120
130

PatlRiver, Mass.— 8s, 1904.. F& At 123
1231.1
6s, 1891, gold
F&A IIII3II3
FltchlMirc. .Mass.-0s.'01,W.L..J&Ji 113
1113
Fredericksh;irg, Va.— 7s
M&N HO .....

I

iio"

—

jOalvcston,

21

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

1

—

1

Tex.- 10s, 'SO-'Oo Var
Qalvcsfn CjHnty,108. 1901..I & j 103
iHartfonl, Ct.-City Os, var. dates
101
Capitol, u itax. Os
120
t Purchaser also pays accrued
Interosf.

LU

55
06

M&N

110

A&O

130

115

109
lOt
121
100
125
113
Norfolk, Va.—6s,reg.stk,'78-85. .J&J 106
8s,ooup., 1890-93
Var 123
127
88, water, 1901
Norwich, Ct.— 58, 1907
A&OI 113
78,1903
J.&J 125
ISO's
1 08
13012 Orange, N. J.— 78, long.
102
121
Oswego, N. Y.— 78, 1887
Paterson, N. J. 7s, long
121
Vai HO
109
114
Os. long
lOl
.58, loug
103
J&J 100
Petersb'.irg, Va.—Os
J&J 115
8s
120
8s, special tax
Pliiladelphta, Pa.— 58, reg
J&.. •
old,
Jv*
reg
J
69,

109
109
112
112
118
125
123
130
120

Var

90
110
10

53
64

Os, gold, new eonsol., 1800
7s. AVestchestor Co.. 1801
Newton- 08, 1905, w.ater loan.. J&J
JA,!
58, 1905, water loan

I

88

M&N

78, market stock, 1894-97. .M
68, improvem't stock, 1889.
7e,
do
1800
6s, gold, cons, bonds, 1001

123

61

U3
103
104
106
128
130
100
118
128
122
120
107
114

do
1895.. .Q—F
dock bonds, 1901
M &N
do
1903

F&A

Fund. loau(L«g.)Os,g.. 1902 Varl

111
123
101
105
103
122

11614 1161s

a(iue<luct stock, '84-191 1..Q-I
pipes and mains, 1900. .Mi N
reservoir bonds, 1907-'11.Q—
Cent. Park bonds, 1808...Q -F

110
115

Wash.— Fund.lo:in(Coug.)6s,g.,'92l

70

l.iO

125
113
107
102

Q—

1883-90

do

Os,
6s,
7s,
63,
58,
Os.
78,
6s,

105
105
108
Var.l 110
Var.l 120

Funding 58, 1899
fiji
do
small
j,fej|
do
registered
J&Jt
Perm. imp. Os, guar., 1891...J,>jJI
Per:o. imp. 78. 1891
J&Jt

120
110

Var.l

1

106 1« 107
lOOig 109»8
115
120
108
109

136
120
120

1061a
105

Var.l
Var.l

long

N. Brunswick, N. J.— 78
Os
I
Newbmyport, Miiss.— 68. 1800. J&JNew Orleans, La.— Premium bonds
Consolidated Os, 1892
Var
Newport— Water bonds'
N.Y.City- -5a, water 8tock,'90.Q— Fi

IO7I2 108 14

7-30S, 1906
1
.MA'.NI
68. g..l00ii
Cur. 68, 1909 ...F&A t
Skg. fd. 5s, 1930.M&N t

U2

OOI4

New Bedford,Masa.—6s, 1909.A&O
A.&O
58, 1900, Water Loan

124%

Var.l
Var.l
Var.l

I2OI3
II412

—

7s, long
7e. water,

124%

122
109

HI

108
105
110
111
122

.

Newark— Os, long

124
123

I07i« 103

long..

—

05

4 »«s. city bonds, 190O
Cook Co. 78, 1892
Cook Co. .=iB, 1899

110
115

;'5

M&N

.

143
142
142
131
133
114
115
116
120
112
111
123
127

123

103
110
35
35

Var.t 108
1890-1901
7s, water, 1002
J&Ji 114
Mobile, Ala.— 3-1-58, funded.. M&S 60
Montgomery, Ala. New 33 .J & J
83
iiew.
100
Nashville, Tenn. 68, old
00
Os, new

1130

7s, city boirls, 1892
78, city bonds. 1 805

Dayton. O.— 0slS90-

119%

Ask.

V 8,

513120
119
108
110
130

Os,

J

122
IOOI2
100
102
130

I

J

O.— 6a,

I

no

78, Wiiter, 1003
78, Bridge. 1915
6s, Water, 1890-1000

Dallas, Texas— 8s,
10s, 1883-90

consols

Itaoeasee— 6s,

1031a
103
Mass.— 68, 1890, W. L.M&NI 119
Lynchburg, Va. Os
J & J 108
88
J & J 133

1

91

112"

_S^*5-25,
«l>ode l8l d-ds. l8!):(-;i, onup. .J &J il3
„.'" Carolina— Os. Ait of March )
23, 1869. Non-fuiiilable, 18-8. <

^M**"*

Var.

short

Os,

117% 119

long 78 &7-30S.1
Cleveland, O.— 6s. long
.Variousl 109
Special 78. 1879-'89
Yearly t 103
8
Columbus, Ua.— 78, Various
Var. 90
8>a Covington. Ky.— 7-30s, long
i
8
7-30S, short
|
8
88

'77-'78..F&A'
1877-'82
F&A

1892-1902

1885

Valley RR., 1880

do
do
do
do
do
Hamilton
do
do

g,

10-15. reg., 1877-'82

conso'.,

....

I

FAAI
Lvnn, Mass.— Os, 1887
"Water loan, Os, 1894-90
J&J
58,1882
.M&NI
Macon, Ga.— 78
Manchester, N.H.— 3a, 1883-'85J&J
Os, 1894
J.fcJ
Memphis, Teun.— 68, C
J&J

1900
West. Md. RR., 1902

—

5s
Lowell,

7s
Long I
Southern RR. 7-308. 1902... J,SJi 136

36

a&O

l,1898-9A&o
class 2

.

Q—
Q-M
M&?
.M&S
M&N

Cook Co. 4ii8, 1900
West Chicago 5s. 1890 ...
Lincoln Park 78, 1893
West Park 7s. 1801..:...
South Park Os, 1899

A&O
J&J
A&O

f«.
6b,
6«.
do
6s, Chatham
special
tax, class
5«,

Park, 1890
bounty, 1803
e-xempt, 1893.
do
funding, 1804

Cincinnati,
68, short
7-308

'

140
do
146
do
coup. off.
125
do
125
coup.off.
Funding act of 1866 1900J&J 13
do
1808,1808A&O 13
new ^bonds, 1892-8
j&j 22

f«.
OS,

O. loan, 1890

J
J
Park, 1000-1924
J
J
78, 1882-'89
Gs, 1880-'80
Buflalo, X. Y.— 78, 1880-'95....Var.
Var.f
78, water, long
6s, Park, 1926
M&S'
Cambridge, Mass.— 58, 1889... A&Ot
J&Ji
08, 18i»4-90. water loan
68, 1904, city bonds
J&J
Charleston, S.C.— Os, 8t'k,'76-98..Q-J
J & J
78, tire loan bonds, 1S90
78, non-tax bonds
4s. non-taxable
Chelsea. Mass.— 6s. '97,waterl.F&At
Chicago, III.— 7e, water bonds, 1892
78, water bonds. 1895

112

&0

&

Kings Co.
do

llliv

121
A&O 122
A&O
30

M

.

»2,

Boston, Mass. 6s.cur,long,1905Vart
Var.
Os, currencT. 1894
Var.t
5s, gold, 1905
J&J
4e, cun-ency, 1899
JrooklTO, N.Y.-7S, '81-83. ...J & J
J & J
7s, 1883-05
J & J
78, Park, lOl.VlS

.

6«,
6s,
6e,
68,
68,

Bait.

Belfast,

104 14

di'feuse, 1883.. J&J i04ii
68, exempt, 1887
J&J 109
Os, Honnftal, 1882-87
J&J
6b, 1890
5b, 1880-'90
Massaclnisi'tts— 5s, 1883, gold .J&J 103
103»i
115
58, gold, 1890
58, gold, 1894
Var.l 117H 118
Ss, g., sterling, 1891
J&J ;

Hew York— 6s, gold,

J!^
1

Me.— 8s,

Bath. Mc.—6s, railroad aid
5s, 1807. municipal

LI7I4

Maryland— Gs,

Hannibal & St. Jo., 1886. ...J & J
do 1887. ...J & J
„ do
„
V. Hampshire— 56, 1 892
J&J
War lojin, Os, 1892-1894
J& J
War loan, 6s, 1901-1903
J&J
War loan, 6» 1884
M&S
Hew Jersey— 6«, 1807-1902.. .J&J*
6s, exempt, 1896
J&J*

Jl's

110
122

63. E.&N.A. Railroad, 1894.. J&Jt
Os. B. & Piscataquis RR..'99.A&0 f

93'

&

F& A

J&J

M&N 125
new 1910
Sangor. Me.— Os. RR..1890-'94. Var.l 113
J&J 1118
es; water. 1905

13

J&J-"

110
108
113
109
107
104
do
7s.,'\I&SandJ&D 103
Bayonnc City, 78, long
J&.l 110
Lawrence, Mass.— Os, 1894... A& O 12II2
Long Island City, N.Y— W!iter,7s,'93 100
Louisville, Ky. 7s, longdates. Var.l 1191a
Var.1 IIII4
78, short dates
Var. 110
Gs, long

1887, mun..F&AI 107H! ids is
114
Variou? Ill.Augii.sta. G,i— 78
11^
115
Austin, Texas— 10s
Baltimore— Os. City Hjill, 1884 O—
68,Pitts.& Con'v.BR.,18S6.. J&J
118
Q—
6s, eonsol., 1800

77% 80

SULlll

Indianapolis, Ind.—7-308,'93-99. J&J
Jersey City— Os, water, long, 1895..
7s, water, 1899-1902
J & J
Var.
7s, iniproTonient, 1891-'94
J & J
78, Bergen, long
Hudson County, 6s
A&O

J&J

Waterworks

81
07 li!

aa88"B,"58, 1906

Os,

Atlanta, Ga.— 7b
Do. 89

FOREIGN GOV. SECIJRIT'S.

i

Houston, Tex.

J&J'
J&J*

Allegheny Co., 58

100
Town 413S. untax
Mass.— Gs, '85-89.. A&Ot 108
30
— 10s
30
funded

Haverhill,
I

-•'

6s. 1870-90
Wliiiif 78, 1880

Quebeo-58, 1908

2 to 5, 1906.

94

long.... Various

7s long
Allegheny, Pa.—48

.\.ugnsta.

M&M
STATE SECVRITIE&.

Y.— 6s,

Bid.

Hartford

5314

CITV SECURITIES.

115>, Albany, N.

117
118

93

Tax-receivable coupons

103%
ll.T>4

p'^

new

10-40S.

City SEcrniTiES.

Ask.

Hartford, Ct.— (Continued ).—

Virginia— (Continued)
103 14
lOI^a

6»,1881,continueaat3'a.reg.....lA'J|lOJ
101 3o
reg.,
6«. funded, 1881
103 Ss
coup.
5», funded, 1881
115
reg
1801..
iHts,
115
..coup..
i>s». 1891
iieaj
res..
48, 1907
117'e
coup..
4s, 1007
JAJ 130
reg .-.v
6s. (,'urrcucy, 1895..
Ji&*l 131
reg
6b, Curreucy, 1890..
JAJ 132
rcg
es. Currency, 1807..
J&J 133
i-eg
6e, Currency, 1808..
J&J 134
reg
68, Currency, 1800..

Alabama— Class "A,"

Bid.

State Securities.

Ask.

Bid.

UsrTED States Bonds.

1

. .

J

&D

M&N

102
110

107
115

Jlii,v 8.

THE CHRONICLE.

\<iS\.i

17

GENERAL QUOTATIONS OF STOCKS AND BONDS— Continued.
For Bxplanadona Soe Notes at Head of FIrat Pace or ((aotatlona.
Bid.

CITT SECORITIKI.

Mo.— (Oontlnueil).—

Bt. Loiii.H,

88, 188!) (»«
Balein, MasR.— Os, loiiK,
SB, I'.IOJ.
8.

Var
W. L.-AAO 1122

Friiiulsco— "g, K.,Clty

A Co.

.

Vnr.

Miuw.-Os, lUl)5..Ai(tO

8i>riiiictlfl(l.

78, lUCK), water lonii
Toleilo, O.— 7-308, RK.,

A&O

IIKW.M & N

05
110

H-J

1-25

11-8

130

103

Worcester, Mass.—(5», 1892... A.»0 tll7

118

ou

AAO lU
A&O loo's

Y.— Water. 1903

RAII,RO.\U

Ala. Cent. -iHt
Inconii'

(is.

100

do

JAJ

i50

l;)18

2d

luortK'iijre, 78,

AAO

1883

1891
AAO
Atoti'u A Neb.— lst,7fl, 1907..M&.«
Atcli.A Pike's Peak— Ist.Ts, ic.MAS
Atcn.Top.AS.K.— l8t,7s,K.,'99.JAJ (126
I-and grant, 78, p., 1902
AAO U23>2

AAO
JA,I
1909-. JAJAAAO

2d mort., 79, g., 1903, conv.
Laud income, 8a
68, plain bonds.
4is^. 1920

1112
1105
123

101
98 »j

1920

AAO 97
FlorcnooA El Dor'do, lBt.78. AAO Ha
K.C.XopoItaAW., 1st il., 78.g. J&,l !126>a
do
Income 78. AAO 113^1
N.Mcx.A9o.P.ac.,Ist,78,1909 AAO 121%
"fl

113%

Ploa,s'tHillADeSoto, l8t,7s,1907

A

Pueblo

MAN
AO

2d,7s, 1900

I123>4

.\rk.V., 1st, 78, g.,lS)03

nil's

WieliitaAS.W.,l8t,78,g..Kua..l902

Atlanta A Cliarlotte Air L., 1st, 78
Income. 6^
Baltimore A Ohio— 68, 1885.. AAO
Sterling, 38, 1927
J AD
Sterling, Gs, 1895
,MAfSterling mort., 68, g., 1903. .MAS
(to
68, g., lyiO. MAN
Parkersburg Br., 68. 1919. ..AAO
Bait. A Pot'c— l8t, 68. e., 1911. JA.I
Ist, tunnel, 68, g.,g'd, 1911. AAO
Belvidero Del.— lst,6s,c.,1902.JAI)
2d mort, Gs, 1883
MAP

Bonds, 53, 1895
JAD
58.1901
AAO
Bur. A Mo. R., I'd M., 7s,'93.AAO
do
Conv. Ss.'Ol aer.JAJ
Bur.A Mo. (Neb.), lst,6s,1918.JAJ
do
88. conv.,1883.JAJ
127
do
Cona, 63,nou-ex..JAJ
12.1
do
Neb. RR,lst,7s,AA0
U5
do
Om.AS.W.,lst,8s,JAD
107
Dixon Peo.AH.,lst,88,'74-89JAJ
ViSh
Ott. Oaw.A Fo.K K., M.,8s,90.JAJ
101 '4
QuineyA Wars' w, Ist, 8s. '90. JAJ
9813 Cliic. A Can. 80.— 1st, 78, 1902 AAO
100
Chic.Clin.Dub AMIun.- 78,'81FAA
ll5Js
7s, 1910
JAJ
127
Cliic. A East III.— 8kg. fd., cur. 1907
117
Income bonds, 1 907
122
IChic. A Or. Trunk— lat mort.. 1900
116
ICIiic. A Iowa— 2d M.. 88, 1901.JAJ
123>s iChic. laA Neb.— lstM.,78,'92PAA
122
OWc.A Mich.L.Sh.— Ist, 8s,'89.MAS
115
Chie. Mil. A St. Paul—
98
Pac. Div., l8t, M., 88, 1838. FAA
109 !«'
P. D., 2d M., 7 3-108, 1898. .FAA
St. P. A Chic., 7s, g., 1902.
.J'AJ
Mil. A St.. P., 2d M.,7s, 18S1.AA0
iVs",
121
La. C, lat M., 7s,1893
JAJ
125
I. AM., IstM., 7s, 1897
,IAJ
t'a. A Dak., Ist M., 7s, 1899. JAJ
110
Hast. A Dak., l8t .M.,78, 1910.JAJ
111
Chic. A -Mil., l8t M.,78, 1903.JAJ
Ist mort., consol.. 78, 1903. .JAJ

113
95»a

109
:106
,116
;119

.

;l-23

112
:114
:112

,

Chic. St.

Callfor.

3dM.

Viucennos, 1909..

60

.

•

6», g.,end C. Pac., •89.JiU
(guar. C. P.), 6s, 1905. JA,I
do
3s. 1903. JAJ
A Atl.— l8t,7s, g.,'93..J.tJ

51
108
103
100
55

56

„ do
Camden
Cam.ABur.Co.— l8tM.,68,'97.PAA
Canada So.— l8tM.,guar.,1908.JAJ 103H
CaroUnaCcnt.- lst,6a,g.,li)23.J.feJ

98

123
119

no

101
102

St.

Chic.

M. C, 1902.MAN;t 113
Dct.G.HavenAMll.— E(iuip.6s,19l8|!118
Con. M., 51 tiirsi, after G:«.. 1918 1:113
Det.A Pontlac, Ist M.,Gs,'8G.AAO 100
Det. L. A North.— lat,79,1907.AAO 121%
Dub. A Dak.— Ist .M., OS, 1919. JAJ
Ist M., 83, end.

100"

95

,'

116

1111

DubnqucA Sioux C— lst,7s,'83. J AJ
Ist mort., 2d Div., 1891
JAJ
Dunk. A.V.A P.— lst,7s,g..lS90JAD 100
East Pcnn.— IstM., 7s, 1888..MAS'
E.Tenu.Va.A Ga.— 1st, 79, 1 900. J A,!' 117

13718
13216

130

E. Tenn.AGa.,lst,Gs,'80-8G.JA.I tlOl
E.Tenn. A Va.,end.,63, 1886 MANI ..-..-

130

i27'

130
130

.

Evansv.T.H.AChl.- Ist, 78, g.MAN
Fitchburg- 58, 1899 ........ ~
6s, 1898
AAO
78. 1891
AAO
Flint A P.M.irq.- 1st m.,l.g.8sMAN
Mortg. Cs. 1920
AAO

103
102

133

135
1131a 113%
I '25 Is

no
no

Flint

A Tomah.— Scrip, all

paid

12G
112
112

no

U5*

106
118
129

"iot"

119
129 <4

US's

MAN

A

n

103
100

107

1

C—

1'20

130
t

no
no

l8tM.,78,l.g.,gold,not guar. AAO
Ex land grant, Ist 7s, '99
Gulf Ct>l. A 8. Fe-Ist, 7s,l9n9 JAJ
Hannibal A Nap -Ist, 7s, 'SS.MAN
Han.A8t,Jo.-(3onv.88,1885. MAS
1'20
Kans. C. A C-vra., 1st, 10s.'92. JAJ
1015s Hous-itonlc— 1st M.. 7s, 1385. FAA
112
113
Houst. E. A W.Tox.— l8t,73, 1898.
Hou.st.ATei.Cen.- l8tM.,7s,g'd,'91)
West. Div., l8t, 78, g., 1891.. JA,I
111%
Waco A N. W., 1st, 79, g.,1903.JAJ
;113
115
Cons, mort., 88, 1912
AAO

111

113

116
117
120

121

ide"
1244

111
123

124

103
116

11«*
118

101>s

I

..

no

Holly W. A M.— Ist, 83, 1901.JAJ liO ii's*
Flushing A N. S.-lst, 7, '89. .MAN
MAN
2d mort., 78
Pt. Ma<li80uAN. W., Ist 78, g ,1905 102%
55
Ft.W. Muu. A
65
1st, 78, g.,'89.AAO
Frankfort A Kokoiuo— 1st, 7«, 1908
Gal.H.-ir.AS.A.- l8t,6s,g.l9l0.FAA i07»a
1st La Grange, ex 6s, 1 9 10. FAA
2d
do
7s, 1901 JAD ids'
85
Gal.Hous.AII.— Ist. 78, g.,1902.J.U
87
Georgia— 7s, 1876-96
JAj; • 122 124
I J 10
118
6s.:
122
Gr.Rap. A Ind.— I8t, l.g., g'd, 78, g. 113

1231s
I3lis

Catawissa- l8t M., 78, 1882. .FAA
£80 paid
Now mort., 78, 1900
FAA; 1!J6
Cin. n.im. ADayt.— 2d, 76, '83 JAJ tl06
Cedar F. A Min.-lst, 78. 1907. JAJI 119
Consol. mort., 78, 1905
..\AOill'20
Cedar R. A Mo.— ist, 78, '91. .FAA H US's 120
do
68, 1905. .. .AAO 11121*
Ist mort., 78, 1916
MANII123 123 Is
Cin. H. A I.. IstM., 7a, in03.J.U'ni3
Cent. Br. U. Pac, Ists.Os.'Oo.MAN 109
Cin. I. St.
A CUic— Con. 6s, 1920; 107
Fund, cunpoii 78, 1893
1 10
M.\i N
Cin.A rndiana, 1st .M.,78,'92.JADit.:..
Atch'u Col. * P. l8t8. ea. 1903 O! lOlis 105
do
2dM.. 73.'82-87.JA.l!t....
Atch. Jcw'l Co. A W. Ists.Gs. 1905 O 101
rndl.iuapolis C. AU. 780f '97.. .1113
Cent, of Oa.— I at. cons., 7a, ••.13. JAJ 116ia 113
Ind'apofisA Cin.,lst,78,'88.AAO| 110
M»conAAug..'.>d,end..7s.'79.JA.I|
Cin. Lat. A Ch.— 1st, 78,g., 1901 .MAS
. .
Cent. lowH— .Sew lat.. 7« '99.JA.I 119
Cin. Rich. AChic— Isl, 7s, '95. JAJ 112is
Inc. bonds," debt certs.", 73,AAO
90
Cin. Rich. A P. W.— 1st, 7s, g...JAD:t 103
95
Central of .S. J.— 1st M..7s,'90.F.tA I'Jl
'
Cin. Sand'ky A CI.— 63, 1900. .FAA 1102
Ts, conv, 1902, asaclilca.
126'
.MAN
7s, 1887 extended
MAS 1103
Consul. M.. 78,1899. asaented.Q—
i'26
Censol. mort., 79, 1890
JAD 106%
AdJu.stin-nt bonds. 19«3
103 >3 108% Cin. ASp.— 79, C.C.C. A I 1901. AAO
Income lK)»da, 1908
MAN 101 13 lOi
79, guar., L.S.A .M.S., 1901.. AAO
Am. Dock A Imp. C.>., 7s,'86 JAJ 132 14
Clev. Col. C. A I.— ist, 78, '99..MAN 1-24
do
assented
132 >4 132 Is
Consol. mort., 78, 1911
JAD 123

122'

•

Holly, 1st, 10s, '88.
BayC.A E.S.og.- Ist, 10s„8'2.JAJ

101

113

80
115
120
115

Eastern, Mass.— lias, g.,1906.MAS;H09%
Sterling debs., 68, g., 190G..M.tSlU05
107
ElmiraAW'mspt— l6t,68,l9lO.JAJ 1 15
58, iierpetual
AAOl
ro'2"
Erie A Pittsb.— Ist M., 7s, '82. JAJ ' 101
1
Cons, mort,, 7s, 1898
JAJ
Eiiuipment. 78.1.890
AAO 90
Evausv. A Crawf.— 1st, 7s, '87. JA,! 103 ids"

129
130 14 132
130
111
111
101

Ga,

PaulAS.City, 1st

127

no

DctroltABayC— l8t,88,1902.MAN| 100

105% 108

1898.MAN
1930
lAI
G8,1919.AA0

loo's

noi«

-MAN

Des M.

il2

grant, inc., Ga,

100

12058

J.feJ

A Ft. D.— lat, Gs, 1901. JAJ
1st Inc., 6s, 1901

70

nil

lA.)

Ga,

lateonsol. raort.,7a, 1900
Denv.S.P.A P.-ic- lat,78.1905

lOl

"

Ch.St.P.A Minn. lst,68,1918.MAN

Land

'95
100

HOO

US's Den.ARloG.— lst,7s, g.,l900.MAN 120ia 121

113
102

lien. 78,

North Wise, Ist

108
lU
110 114
101
104
100
107 «3 108 >•

.

1907
JAD 103
1897
MAS 113
Miss. Cen., 1st M.,7a,'71-81.MAN 107
113
do
2d mort., 88
N.0.Jack.AOt.N.,l8t.,88.'8C.JAJ 113
2d M.,8s,'90,ctf8.AAO 117
do
do
2dmort.debt
AAO 117
Chio.St.P.Min.AOm.- Con. 6s, 1930 1011*
Ten.

1021a

iis'

Oils Col. A Hock. v.— IstM., 78, '97. AAO 111213
112
•2d M., 7s, 1892
JAJ '105
Col. Sprlngf.AC.—lBt. 78,1901 .MAS
--.
122
Col. A Toledo— Ist mort. bonds .... 120
124
•2(1 mort
1115 118
116
Col. A Xenia— Ist M., 78,1890.MAS '109
Conn. APassump.- .M.,78,'93.AAO U17'a no
Massawlppi, g., Ga, gold, '89 JAJ '105
103
80
i'22'
Conn. Val.— lat M., 7s, 1901... JAJ
61
34
Conn. West.- lat M., 7s, 1900 .lAJ
3S
126'
Ccmnocting (Phila.)— lat, Gs ..MAS
Cumbcrl'd & Peun— Ist 6.s,'91 MAS
2d63. 1888
MAN

II014

Chic.AS'.W..l8t,78.guar..'99.MAN
L.AN.O.— Ist con. 1897,7s

2d mort

Pac— lat M., 78, k.,'89. JAJ

2d M..

68, 1917, reg

75

i'ls'

Cuniberl.V.al.— lstM..88,190i:AAO

t

Qal. A Chic, ext., Ist, 7s,'82.F.tA
Peninsula, 1st, conv., 7s, '98. MAS
Chic, A Mil., l8t M., 78, '93. .JAJ

A Piai.— Ist, 63,g.,'96. J AJ

12»
125

74

East., Ist, 78,'93-'95.

2d M.. 7s, 1901.MAN
Ix>gan»p.,l8t,78, 1905.AAO
T. Ixigansp. A H., 78, 1881.. FAA
Cin. A (!hic. A. L., 1886-'90
Columbia A Green., Ist O9

113
105

do
do
reg
Sinking fund, 68, '79, 1929. AAO
do
do
reg
Iowa Mid., 1st M., 8s, 1900. AAO

Bufr.N.3'.

A Ot.

Un.A

1902. JAD lJ6i4 126%

Chic.R.I.APac.— 6s, 1917,coup.JAJ

Bur.ASoutUw.— lstM.,8s,'95.MAN
CalroASt.L.- l8tM.,78, 1901.AAO

Col.AInd. C.,latM.,7», 1901.J4J

supplementary..

'

118
123
118
60
100
108

.

Brook Ijn Elevated— Bonds
75
81
Buff. Bnul.&P.— Uen.M.78,'96.JAJ 100
110
Buff.N.Y.AErie-l9t.78. 1916.JAn ISOig 131

102%

112
107

do
78, 1 800

lOli
2d mort., 7s, 1887
MAS 'lOtt
llgii 119
3d mort., 79, 1888
.4A0 (
163
Day t. A West.— 1st M.,6s, 1905. JAJ 1 10
illG'4 lie's
lat mort., 78, 1905
JAJ
163
165
Delaware— Mort., Os, guar., '93. JAJ
I10G>2 107
Del. A Hound B'k— 1st. 78,1905FAA 123
nil.; 113
Del.Uick.A W,— Conv.7s,1892 JAD
123
123
Mort. 7s. 1907
MA.S 125

JUic.AN.W -Smk.f.,lst,78,'85 FAA
Interest mort, 78, 1883 ....MAN
Consol. mort., 7s, 1915
Q—
Ext«n. mort., 78, 1885
FAA
Ist mort, 78, 1835
PA.\

j&j till 115
New 58, 1899
100 >9 107
JAJ loo's
Boston A -Maine— 78. 1893-91. JAJ I127ia
I127>a 128
Boet. A Providence— 78, 1893. JAJ 1126
127
Bost.A Revere B'h- l6t,68,'97 .JAJ 1 16%! U7

12'i

cert., Ist, axs'd

do
Income

103%

do West. Div, 58,1 931. JAJ
Mineral Pt. Div., Sa. 1910.. .JAJ

Consol., gold, 78, cp.,

A*k.

U63

Ist M., I. A D. Ext., 7s, 190SJAJ
lat M.,68, S'thwest Div.l909JAJ
l8t M., 5s. La C. A Dav. 1910JAJ
So. Minn. 1st 68.1910
JAJ
Chic. A Pac. Div. 68, 1910

1

2d mortgage, 7s, g
Bur. C, R.& N.— Ist.Bs.new.'OG.JAK

Tniat Co.
Chic.

Bid.

C- (Continued).—

in Dakota Soi;thcm— 7s. gold,'91,FAA
Danb'yANorwalk— 78, '80-92.. JAJ
131's
1101
ids" D.iyton A.Mich.— Ist M.,78, '81.JAJ

I

6», 1896.

A

il8
103
108
110

2dguar.( 18B) 7s,'9?.JAJ

B. A Q.— Ist, 8.F.,8s, '83. .lA.!
Consol. mort.. 78, 1903
J^tJ

120
110
3d mort.,6.^, 18s7
FA A
Boston A Albany— 78, 1892-5. FAA H27I2 128
68,1893
JAJ I117>4 118
Bost.Cliut.A F — l8t M..,6a, •84,JAJ 102
101
let M„ 78. 1889-90
JAJ 1109
N. Bedford UR., 7e, 1891.... JAJ HI
Equipment. Gs. 1885
FAA 102
FramgbamA Lowell— l6t,5s, '91 193 93 14
Notes, 8s, 1883
Bo«t.Conc.A.Mon.-S.F..68,'89.JAJ 10»
110
Con.sol. mort., 78, 1893
AAO 'UO^ 1-20
Bo«t. Hart.A E.— Ist, 78, 1900. JAJ
803|, 81
l8t mort., 78, guar
JAJ
Boston A Lowell— 78,
._, '92
AAOi 121 121'«

Cairo

112

Cliic.

78. end.,

78,

107'

120

.

Guaranteed
5b, 1900

do

10d>4

Consul, niort., 7s. 190t;,g)mr.AAO
AUegli. Viil.— Oeu. M..7;!-10s..JAJ
East, cxton. M.. 7«, I'.llO
AAO

Income,

1'20

105

8t.L.,Tacks' v. A C, 1 8t,78,'91. A
do 1st «uar.(361),78,'01.VAO
do '^d M. (3G0), 78, '08. .JAJ

55
115

Ala. «t. Soutlieni— l8t luort., 190S 1113
Alb'y A Simq.— 1st M., 7a, 'S8...IAJ 114

123

Joliet A Chic.. Ist .M.,88,'82..JAJ
LoiUs'a.fe Mo.R., lst,78,1900KAA

Ill's
100

I.

neis

90 's

mi's

AAO

1...

HO.\'DSi^
1918. ....lA.)

.M., «»,

no

A

do

89
01

6a. gold, at-rlea B, Int. def. 1908.
6a. currency. Int. deferred. 1918
Cheshire -Gs, 1896-98
JAJ
Clilc.
Alton- 1st .M., 78, '93.. JAJ
Sterllns' mort., Gs, g., 1903.. JAJ
Income, 7a, 1883
Bda. KuM. C. llue,G.s,g.,1903.M,tN
Miss.Riv.lirldge, lat.,8.f.,G8,19l2

A

i-.:o

C. C.

A Ohio— Pur. money fd.,1898 118%
Series A

t

105

1903
1905

no

Railroad Bohdi.

A«k.

Cbea.

t

0.

88, gi>Ul, cnu.

115'a

2d mort.. 78, 1910
JAJ 105
Clicraw A Darl.— 1st M.,88,'88.AAO 110
106
2d mort., 7s

•

Vnr.
88
8«, wiitcr, 1893 A '01
Var.
WashiiiKtmi, D.C.— .«« Dl8t. of Col.
Wllmlunlori, N.C.— «a

Yonkrr.^. N.

West. Pacif., lat, 6a, g., '99. .JAJ
Cliarl'tc <'ol.AA.— Con».,79,'9J.JAJ

J&J tl07 1U8
AAO UOSis 110

69, 1HS3
«>«s. IMHl

Bid.

Cent. Piu-iflc- (Continued)
Cal.AOr. C.P.bonda,6s,g.,'92 JAJ :io8
Ijind grant M., Ga, g., 1890. AAO loo's

123
115

J&.I tll3

W. L

90
Savanimh funded 5e. consols
Soincrvlllc, Ma8«.— Ss, 18D3..A&<)itl07

58,
48,

Railroad Bonds.

Aak.

Waco AN.,

11414

118
130

120
133

89, 1915
6s, 1921

Gen. mort.
AAO lOJ
Hunt. A Br.Top-lst, 7s, '90. .AAO
FAA
112
•2<liDort., 79, g., 1895
11314;
Cons 3d M. 78, 1895
AAO no
I...
111. Cent.- lat M.Chlc.A Spr.'98 JAJ in2
Sterling, S. F., .3s, g., li5o3..AA6!;105
Sterling, gen. M.,Gs; g., 1895. AAO 1 16
JAD 10
115
do
.38,1903
ira. Grand Tr.— IstM.. 8s. '90.AA0; 117
Ind. Bl. A W.— 1st., of., 78. lOOOJAJi 131
lat. 3s, Is. .3s AGs. 1909. ..AAOi
83
2d.\C., 3s,ls,5s.A6a, 1909. AAO|
103
101
Income, 1919
101
tn'p<'Hs D.A Sp'd— lst.7s,1906 A* .1: 109
107
2d mort... Income. 1906
JAJ| 71
Ind'polls A St. L.— 1 8t,78, 1919. Var. 105
AAOl 70
•id mort., -9. 1900
126
Cod'aiwIlsA Vin.— lat, 7s,l!>08.FAA 1 11
2d mort.. G.s, g., guar., 1900.MAN 102
126<a
Leli.A\Vilke.«b.Coal.lnc.,'88,MAN
Belief. A lud. .M., 78, 1899... J.tJ
81
lnt.AGt.North.-l8t.«3,19l9..MAN 112
Consol..78.gold.l9U<).a8a'd.O-M 111^9 Ill's Clev..fc M. Val.— Ist, 78, g., '93. FAA
lOJis
mort., income, 83, 1909
2d
Cent, oiiio-lst M., Gs, 1K90..MAS iisisini»
8. F. 2d mort., 78, 1876
o.
2 I a.ssented income, 68, 1909 ....
MAS
.._
Cent, Paolflc— l8t,G9.g.,'93-98.JAJ 118%
...I Clev.A Pitts.- tth.M.,Gs, 1892.J.tJ II6I3
lonlaA I/inslug— lat 89,'89. ..JAJ! 115
State Aid. 78, g.. 1881
71» 129
JAJ 1071a
Consol. 8. F., 78, 1900
MANN 1271s
lowaCityAWc^t.— Ist,7s,190p.Mife.S;
B.Joaipiin. l8tM.,«s, g.l900..\AO'
I.e.— l8tooua.,7s,l9J8.AAO
110
raFallsASlouxC- l8t,78,'99A,tO 1116
Cal. \ Oregon, 1st, Ga. c..'8>*.JAJ
2d mnrt., 7a, 1909
FA
iltbaca A Athena —lat m.. '7sjr.JAJ'
Price nominal no late trans-ictloas.
t The parcli.a8or also paya aocrajj Interest.
: lu LoaJun.
.

I

:

114
107
118

;

lOfi

I

,

.

I

.

.

1

CCA

'

;

'

,

.

'oii"

88

1

"

.

113

(

iVdi-i

7613
112

80

I

103
103
lis
117'

THE CHRONICLK

18

[Vol.

XIXIIL

GENERAL QUOTATIONS OF STOCKS AND BONDS— Continued.
For EKpUnalloni See Note* at Head of Flrat Page of quotations.
Bid.

Railroad Bonds.

Ask.

Bid.

Railroad Bonds.

Ask.

Mo. Kan. A Tex.— (Continued).—
Jefferson— Hawl'y Br. 78, '87. J&J 106
Boonev'e B'ge,78,guar,1906.MAN
J&J 110 115
Ist mort., 78, 1889
Han. A C. Mo., Ist 7s, g.,'90.MAN
Mnd.&Ind.-lRt,78,1906.A&O,t 1171a 118
ill3iflll4is
2d, 1892.. ..MAN
do
J&J
mort.,
1910
2d
7»,
.

Jeff.

Junction KK.(Plill.)—l8t,68,'82Ji5tJ
AiO
2dmorI., 68. 1900
K.C.Ft.Scolti

a.— l8t,78.1908 J&D 114% 115
So. Ist, 58. 1909 108^ 109

Kansas C. Lawr. it

taStJos.* C.B.-M. 78,1907.

.

J AJ

A Nebraslu—1st mort

Kansas

U24

1241a

85

87
40
45
look 110

2dmort

KeolnikA Des M.— Ist.Ss, sruar. A&O
1- Erie A West.— 1st, 68,1919. F&A 111%
81
Income, 7s, 1899
IO6I3
.FJkA 105
Sandusk}- Dlv., 68, 1919
68
72
Income, 1920....
do
110
Laf. Bl.J:Mun.,l»t, 68,1919. MAN
80
00
Income, 78, 1899.
do
I<ake Sliore A Miiili. 80.—
H.So.A N.I., 8.K.,lat,78,'85.MAN IIOI4 mis
- .

.

& Tol., Ist M., 78, '85. JAJ lU

Cleve.

.

2d M.,

do

78,

1886.AAO

1892.. AAO
Bufl.AE.,nowUd8, M.,78,'98.AAO
Buff. A State L., 78, 1882.... JA.I
Det. Mon. A Tol., Ist, 78, 1906.
Jamest.A FrankL.lst, 78, •97.JAJ
f!l.

A Ash., new 78,

P.

in

116

124

.

2dM.,78,'94.JAD

do

Kalamazoo Al. A Or.R.,l8t.88. JAJ
Sclioolcriift. 1st, Ss.'87.JAJ
Kal. Wh. Pigeon. Ist. 78,'90.. J AJ
Dividend bonds, 78, 18P9. . .
L. 8. M. S., cons.,cp., 1st, 7s. JAJ

Kal.A

A

AAO

A

do con8.,reg.,lst.78,1900.Q—
do ams., cp., 2d,7s, 1903..JAD
do cons., reg.,2a, 78,1903. JAD
Ijawrence— Ist mort., 7s,1895.FAA
Lehigh A Lack.— Ist M.,79, '97.FAA
Lehigh Val.— lst,6s,coup., '98. JAD
JAD
1st mort., 6s, reg., 1898
2d mort., 78, 1910
MAS
Gen. M., 8. f., 68, g., 1923.... JAD
Delaco Ld Co. hds, end.,78,'92JAJ
Little Miiml— l8t M., 68,1 883.MAN
L. RocRA Ft.8.— lst,l.gr.,78'95.JAJ
Little Schuylkill— 1st, 7s, '82.
Long Island— Ist M., 78, 1898.MAN

AAO

aeTmort., 78, 1918

Newtown

AFl.,

Ist, 78, 1891
Rockaway, 78, 1901.AAO

113
124
131

132

129%

1221s 12313

122
138
122

103
II8I3 119

100
80
80
80

106

N. Y. A
Bmltht'n API. JelT., 78, 1901. MAS
liOU'v.C.A Lex.— l8t,78,'97 JAJ(et)
2d mort., 78, 1907
AAO

II8I2 119
111
112

Loulsv.A N.-Con,l8t78,1898.AAO

124

MAN

106
110
105
107
M.,78, g.,1901JAD 124

2d mort., 78, g., 1883
Cecllian Br., 7s, 1907
MAS
Louisville loan, 68, '86-'87..AAO
Leb. Br. Loulsv. I'n, 6s, '93.. AAO

Mem.A 0.,stl.,

M.AClarksv..et'g,6s,g.,1902

FAA

N. O. A Mobile. Ist 6s. 1930. JAJ
Ponsacola Div.,lst,G8,1920..MA8
St. Louis Dlv.. Ist, 6b, 1921.. MAS
do
2d., 38, 1980. MAS
Kash. A Dec., 1st 7s, 1900. ..JAJ
E. H. AN., I8t68, 1919
JAD

JAJ
L'sv.N.A.AChic— l»t,68,1910. JAJ
Maine Cent.— Mort. 78, 1898. ..JAJ
Gen'l mort., 68, IflSO

Exten. bonds, 08, g., 1900... AAO
Cons. 78,1912
AAO
Androscog. A Ken.,6s, 1891. FAA
Leeds A Farm'gt'n, 63, 1901.JAJ
Portl'd

A Ken.,

do

AAO

Ist, 6s, '83.

Cons. M., 68, '95.AAO

Han.BeachImp

tll7

108
6OI2

1909,MAS
N. Y. A Man. Beach, Ist 7s,'97, J AJ 110
Marietta A Cln — Ist M..78. '91FAA 120
Sterling, Ist M., 78, g., 1891. FAA
2d mort., 78, 1896
3d mort., 88, 1890
JAJ
Bcioto
Hock. Val., Ist, 78..MAN
Bait. Short L., l8t, 78, 1900. .JAJ
Cln.
Bait., Ist, 78, 1900.... JAJ
Marq'tteHo.A O.— Mar.AO.,88. '92

MAN

A

124

A

68,1908
MAS 100%
Mass. Central- Ist, 68, 1893
99%
Memphis A Charleston— 1st eonsol. 117
1st, cons.. Tenn. lien, 78, 1915 JAJ 117
Mem. AL.R'ck— l8t.48 (8s after '82) 112
Ifottop'n Elev.— 1st, 68, 1908. .TAJ 103
2d68, 1899
MAN 89
JOoli. Cen.— IstM., 8s, 1882.. AAO 108
OoiuoL,7s, 1902
MAN 130%
1st M. on Air Line, 88, 1890. JAJ tll8
Air Lino, 1st M., Ss, guar
MAN 115

Eaulpment bonds,
9"-,^^- ^^ ^"'

Ss, '83..

.AAO

88, guar.,'86.JAJ

«•• 1909
58, coup.,

MAS

1061a
IO8I3

111
124
111
120
lllia

104
lllia
991a

12438

MAN

do

4thM.,8s,1900.JAJ

North Penn.— Ist M., 63, 1885. JAJ
2(1 mort., 78, 1896
MAN
03n. mort., 78, 1903
JAJ
Noith Wise— 1st, 63, 1930
JAJ
101
Northeast.,S.C.— lstM.,8s,'99,MAS
100
2d mort.. 88, 1899
MAS
120
North'n Cent.— 2d raort.,68,'85. JAJ
3d mort., 68, 1900
AAO
115
Con. mort., 68, g., coup., 1900.JAJ
104
Os,g., reg., 1900
AAO
891a
Mort. bonds., 58, 1926
JAJ
109
Con. mort, stg. Os, g., 1904... JAJ
131
Northern, N.J.— Ist M., 63, '88. JAJ
119
North. Pac, P. D'O Dlv.—68, MAS.
117
Bond certificates, 68.1921..
Qen'l 1. g., Ist, 68, 1921
JAJ
114
Gen'l 1. g., 1st, 68, reg
JAJ
.

113%

Norw'hAWorc'r— Ist M.,

68.'97.JAJ
104
OSd'nsb'gAL.Ch.- lstM.68,'98,JAJ
104 14 1051a
a. F., 8s, 1890
MAS
115 II5I4
Consol. ,63. 1920
IIIII4 112
Income, 1920
tl09 111
Ohio Cent.— Ist, mort.,6s,i926,JAJ
do
Cons. M.,88,'91... .MAS 116% 117
Incomes, 1920
do
68,1891
MAS
IstTcr'l Trust. 6s, 1920
JAJ
(guar.M.C.)
OnloAMlss.—Cons. 8. F.7s,'98 JAJ
i*mIISJA?v°?-^?H'''
Mini ana of N. J.— ist mort
93 100
Cons,
mort, 78, '98
JAJ
Inoome, " A."
19
20
2d mort., 78, 1911
AAO
do
"B."
14
15
Ist mort., Springf.Div.,1905 MAN
MILL.8.4 W.-lst M.,68,i92i MAN 106
1081a
Ohio
Southern— Ist Cs, 1921
l«t. Incomes
JAD
MIL A. No.-l«t, 4-.5-6S, 19io. JAD 80 lOlia 2d income, 6s, 1921.
Ohio A W. Va.— Ist.s.f .,7s,i9l6MAN
MlDneapolis A Duluth.— 1st 78
Mlnn.A8t.U-l8tM.. 1927.. JAD
FAA
°'i'^?l.'k'^-'^*'1897
130
6s, 1895
1st M., Iowa CityAW.,1909.JAD
j,ti)
10*
7s,
1895
MAS
«.
PS?*' ^- R- I- F. A N., 1920. 104
Or'ge A Alex'ndria— lst,68,'73M AN
MlM.4Tenn.-l«t
M., 88,8erte8 "A
134
2d mort., 68, 1873
j&j
JAItl20
uS'fr'i'i?^
3d mort., 88, 1873
MAN
*ft~*,S":*'?''>"»-1904-6FAA
llOifl IIII4
."
4th mort., 8s, 1880
OonsoUdated 6s, 1920
MAS
jad
96
Or. A1CX.A M., 1st M., 78, '82. JAJ
J;t. e«. g.j 1899, (U. p: B. BrilJ AJ
Oreg. A Cal.— Frankfort Com.Rec x
mort.. Income, lail
AAO
.

.

M

•Prtoe nominal; no late traa-oOoa..

Osw.ARomo— 1 at M., 78. 1915.MAN

.

107

00

os'

123

127

122

124

103

The purchaser

110

90% 91%
9',:

50
108
130
121
120
122

110
93

122%
124

i27"'

95% 96%
•96
J93

98

112
106

114
107
125

96

102

120% 127%
•123

125

139%
133
120
;110

112
105

101
log^s 110

115
105
20
105
80
103
140
140

107
106
113
106
115

123%
106
30
110
90
106
114
109

107%
116
120

112 116
{27% 28% Richmond York Rlv. A Ches., 8s.
118 120
;i3% 14% Roch. APltts., 1st, 08,1921. ..FAA 102 100%
33
35
do
income. 1921
5778 58
JlOl
103
RomeWat'nAO.—S.F.,7s,1891.JAD
114
98 100
t
2d mort., 78, 1892
JAJ 107 109
U30
Consol. mort.. 78, 1904
AAO 103 104%
106 108
Rutland— l3t M.,'G9, 1902. ...MAN U01% 105%
120 125
Equipment, 2d mort., 53
FAA 84
83
118 115
St. Joseph A Pacif .— Ist mort
91
95
106 108
2d mort
42% 47%
106%
3t.L.Alt.AT.H.— Ist M., 78, '94.JAJ 115
105% iof"
2d mort., pref., 78, 1894 .... FAA 117 lis"
122 125
2d Income, 78, 1894
MAN 107 109
97 100
Dlv. bonds, 1894
75
109%
BeUev.A S.IU.,lst,8.F.83.'9e.AAO 118
3t. Louis A I. Mt.— Ist, 78. '92,FAA
120
125
2d mort., 78, g., 1897...
MAN
113%
.

L'sed L.rental tr'8t'73,Tru3.cer.73
We3t. ext. certlfs, 83, 1876.. JAJ
do
do
73, guar. Erie
N.Y.Prov. AB'n— Gen. 78, 1899 .J AJ
Norf k AW.— Uon'l M.,6s,1931
Norf'k A Petersb., 2d, 8s, '93. JAJ
South Side, Va., 1st, 8s,'84-'90.JAJ
do
2d M., 08,'84-'90.JAJ
do
3d M.. 63,'86-'90.JAJ
VlrglnlaATenn.. M.,03, 1884. JAJ

601a North Carolina— M., Os

1931
MAS
8«,reg., 1931
MAS
KalamaiooA8.H.,l8t,88,'90.MAN
J.L. A Bag. l8t,88'85,"wh.hd8"J.U
do
NorthExt.,8s,'90.MAN

Ask.

125

. .

2d mort
3d mort

nils

!123

O—

.

90% 91
503b

ParisADec't'r— lstM.,78,g.,'92.JAJ
" Pekin Lin.A Dec— lst,7s,1900 FAA
Mo.Pac— Ist mort.,6s,gld,'88, FAA 113
Penna.— Gen. M., Os, cp., 1910 Q—
109
MAN
Con,sol. 68, 1920
Gen'l mort., O3, reg., 1910.. AAO
JAJ lis"
2d mort., 78, 1891
Cons, mort., Os, reg., 1905. .(J—M
Car. B., let mort., 6s. g. '93..AAO
do
Os. coup.. 1905.. JAD
120
MAN
3d mortgage, 78, 1906
Penn. Co., Os, reg., 1907
MAS
Income, 78, 1892
do
lBtM.,4%3,
40
45
1921.JAJ
Moll. A Ala. Or. Tr.— 1st, 78, g'ld,'95
do
Ist mort., 4%.a, reg
98 100
Mobile A O.— Ist prcf. debentures..
Penn.AN.Y.—
70%
71%
l8t.7s,'96A1906.JAD
2d pref. debentures
Peoria Dec. A Ev.~l8t,G8,1920,JAJ
64
67
3dpref. debentures
Incomes, 1920
64
65
4th prcf. debentures
111
Evan3viIleDiv.,lst 68,1920.MA8
116
New mortgage, 6s, 1927
140
do
iucome, 1920.
Morris A Essex— Ist, 78, 1914 MAN
119''8 Peoria Pekln A J.— 1st, 73, '94. JAJ
FAA
2dmort, 78, 1891
116
PerMomen—
1st
M.,
Os, 1887.. AAO
JAJ
Bonds, 73, 1900
Petersburg— Ist M., 88, '79-'98.JAJ
124
AAO
General mort., 7s, 1901
mort.,
130
2d
8s,
1902
JAD
JAJ
Consol. mort., 7s, 1915
Phila. A Erie— 2d M., 7s, 1888. JAJ
Nashua A Low.— 6s, g., 1893. FAA 1110 112
104 106
Gen. M.. guar., 6s, g., 1920. .JAJ
58, 1900
SimburyAErie, lstM.,78.'97.AAO
123
Nashv.Ch.A St. L.— Ist, 7s,1913 JAJ
Phila. A Reading- Ist, 0s,'80..JAJ
JAJ 103
2d mort., 63, 1901
2d mort., 7s, 1893
AAO
Ist, Tenn. A Pac, 68, 1917... JAJ
Debenture, 1893
JAJ
Ist, McM. M. \V.AA.,6s,1917.JAJ
Mort., 7s, coup., 1911
JAD
Nashv. A Decat'r.— l8t,78,1900.JAJ t
971a
Gold mort., Os, 1911
JAD
Natchez Jack. A Col.— l8t, 78, 1910
Improvement mort., 69, 1897
Nevada Cen.— Ist 68, 1904....AAO tl03 107
Gen'l mort., Os, G. C, 1908.. JAJ
Newark A N. Y.— lat, 78, 1887.JAJ 103
New convertible, 7s, 1893... JAJ
New'kS'setAS.- Ist, 78, g.,'89.MAN 111 ll'2
G. 8. f., $A£,0s,g.,1908, X cps.JAJ
N'burghAN.Y.— 1st M. 7s,1888.JAJ 102
Scrip for 6 deferred % coupons
N. J.Southern- Ist M.,new 68. JAJ 107 14
Coal A I., guar. M., 78, '92.. MAS
N. O. Mob. A Tex.— Deb.scrip. 1930
Income mort., cous. 7fl, '96, JAD
N. O. Pac— 1st, 68, gold, 1920.JAJ l'^35s 10478
111
Phila. Wil.ABalt.— Os, '92-1900AAO
N.Y. A Can.-£ M., Os, g., 1904.MAN 109
5s, 1910
N.Y.C.A Hud.— M.,78, cp.l903.JAJ 1391a
Pittsb.C. A St.L.— 1st, 73, 1900.FAA
JAJ I39I2
Mort., 7s, reg., 1903
MAN 103 106
2d mort., 7s, 1913
Subscriptiou, 6s, 1883
AAO
126
Stcubenv.A Ind., Ist., 08,'84. Var.
Sterllngmort., 6s, g., 1903. ..JAJ {124
N. Y. CX, premium, 63, 1883. MAN 1051a 106% Pittsb.ACon'll3v.— l3tM.78,'98.JAJ
JAD 109 113
Sterling cons. M., Os, g., guar.JAJ
do
68,1887
real est, 63.1883-. MAN 104%
Pittsb.Ft.W.A C.-lst, 73, 1912.JAJ
do
Hud. R., 2d M., 73., 1885.. ...TAD 109
2d mort., 7s, 1912
JAJ
90
N.Y.OityA No.-Gen'l,68,1910MAN
3d mort., 78, 1912
AAO
Equiinuent, 88, 1884
N. Y. Elevated.— Ist M., 1906.JAJ II8I4 118%
MAS
55
60
Pitts. Titusv.A B.— Now 7s,'96FAA
N. Y. A Greenw'd Lake.— 1st M., 6s
19
21
Butt'.Ch.L.&Pitt.lst,73.1909 MAN
2d mortgage
N.Y.AHarlem— 78,coup.,1900.MAN 133
Oil Creek, IstM., 78, 1882. ..AAO
78, reg., 1900
MAN 132
Union A Titusv., l9t, 78.1890. JAJ
132
N.Y.L.E.AW.— lst,78,'97.ext.MAN
WaiTcn A Fr'kln, Ist, 7s,'90.FAA
2d mort. exten., 58, 1919 ..MAS no 115
Portl'ndAOgb'g— l8tOs,g..l900JAJ
MAS 109% 110
3d mort., 78, 1883
Vt. dlv., lstM.,0s,g.,1891..MAN
4th mort.. ext., 7s, 1920.. ..AAO 110 111
Port Royal A Aug. -1st, 68, '99. JAJ
5th mort 7s, 1888
JAD 110%
Income mort., Os, 1899
JAJ
1st 00ns. M., 7s, g.,1920
MAS 133 le 13314 Quiucy Mo. A P.— Ist.Os, guar. ,1 909
New 2d cons. 63, 1969
JAD 10314
Ren.AS'togar-lst 78,1921 cou.MAN
131
1st oona. fund coup.,7s,1920 MAS
l8t, 78, 1921, reg
MAN
2d C0E3. f'd cp., 59,1969
JAD 99% 101 Richm'd A Allegheny— 1st, 78, 1920
90
92
Goldi flcome bonds, 68, 1977
Rieh'dADan.— Con.,6s,'78-90.MAN
Long Dock mort., 78, 1893.. JAD 129
General mort., 68" gold
N.Y.A'X.Eng.— l8t M., 7s, 1905JAJ 1'22% 123
Piedmont Br., 8s, 1888
AAO
Ist mort., 68, 1905
JAJ 112 II214 Rich. Fred. A Potomac— Os, 1875.
N.Y.N.H.AHart..H.AP.lst,78.AAO
Mort, 7s, 1881-90
JAJ
N.Y. Pa. A O.— 1st ino.ac.,5-78,1905 '67%
Rich. A Petersb., 83,'80-'80...AAO
prior lien,lnc.ac.,5-68,'95 tl08
110
do
Hew mort., 78, 1915
MAN
;

106
108
126
119

110

,lim.,78,

Os,

ri2" Paris A DanviUe— lstM.,7s .1903.

.

107

121
105
108
110
1122
1109
1119
tllO
tllO
1103
110

Sinking fund sub.,

Bid.

AAO
1910. MAN

78. g. '97.

.

I26I3 1271a
12013 127

:118

Railroad Bonds.

Panama— Sterl'gM..

also

mi

Ist 78, inc., pf. int. accumulative.
2d 68, inc., int. accumulative
Ark. Br. 1. gr., M., 7s, g., '97.JAD
Cairo Ark. A T.,l3t,7s.g.,'97.JAl)
CairoAFuL,l8t,l.g.,7s,g.,'91.JAJ
Gen. con. r'y A 1. g.. 5s,1931AAO

123
119

120

115
122
120

115
104

8t.L. ASanF.— 2d

117% 118%
tlOO

105

100%
95
111

113%

112%
11831

93% 94

M.,cla88A,'06MAN 107% 109
2d M., class B, 1900
MAN 96
do classC, 1900
MAN 97%
South Pacific.- Ist M, 1888 .JAJ 110 110%

(101% 102% P. C. AO. 1st, 68,
FAA
103%
Equipment 78, 1895
JAD ioi'
106%
St.L.Vand.AT.H.-lstM.,7s,'97.JAJ 123
2d mort., 78, 1898
MAN
117

118

107% 109
107

106
108

107

107 14

1103

64% 60
103

120
117

98%
52
1108

2d, 7s,guar., '98
MAN 111 115
StP.Minn.A Man.— Ist 78,1909 JAJ 114%
2d 68, 1909
AAO 108 109
Dak. Ext., Oa, 1910
MAN 107% 109
St. P. A S. City— Ist. 63, 1919. AAO

Mort. on

new lines

Sandusky M.&N.— Ist, 78,1902. JAJ 1115

103% Savannah Florida A West.124
124
125

At. A Gulf, cons. 78, 1897. .
1st mortgage, 78
S.Ga. A Fla., Ist M. 7s, 1899,
Scioto Val.— 1st M., 78, sink'g
.

121%

99I4

2d mort
Consol. 78

110

.JAJ till
JAJ 110
MAN 112
fund 110
90
104

120
115

115
113
100
lOS

Sheboyg'nAFHiu-L.-l8t,7s,'84JAl)
III8I4 118% Sioux C. A Pac, 1st M., 63, •98.JAJ
tll7
lis
8o.AN.AIa.— lst,8s.g.,end.'90..JAJ 112 114
1128
128% 3o. Carolina— l8t m!,7s,'82-'88.J AJ 1106
125
130
lst,8terl. mort., 53,g.,'82-'88.JAJ
130 135
Bd8,7s,'02,2d M.,uneiijoluedAAO
110
Bds., 7s, non-mort
AAO 76
80
70
75
South Side, L.I.— l8t,7,1887...MAS 100
106
110 112
So. Cen. (N.Y.)— Ist 73, 1899. FA A
92
99
08
J66
So.Pac ,Cal.—l st.,G8,g., 1905-0 JAJ 106% 107%
108
112
South western(Ga.)—(;onv..79.18X6 120

,ay. accrued Interest.

.

;

In London.

Jolt

19

THE CHRONICLE.

2. 1831.]

bonds-Continukd.
"General quotations of stocks andP.»e of qnoftlon..
For B«pUn.tIon. ge« Note.
Bid.

lUlLBOJLD BOMDB.
Bunl..ni«.AW-B.-lMt,r.H.ll)2HM&N

100

ByrJMnK.&N.Y.--.M.nm)l.,8,0..A.U)
A I'uc.-lst, y.'., jt. » .- MA,

iVo'

12d

Te^»H
Inc.

nti.t

la.ul «r.,

105

101 14 10138

93
Ijiml Kiivnt. liicomcN, 1920----

iio'

50

98
60
6S

.

....

«

Bto,IlnK.nort..6sl|94.....M.^S|

Cam. Aml...mort., «b 'SIKMAN
Unloiil'iw.-l8t M..««.«. 9G- 99.JjW
A&O
Land Grant, 78, 1US/-9
Blnk. F.,88, 1893

Om.

1

j^
1-1 «

-,^A**i'^

Bridge, stcrl. 88, (?., 96. A&O

Rm.

88,

121

M&a

1893

100
Boston A Providence
Boston Revere Beach* Lynn.. lOO
Brooklyn Klevated. a»»e»Bm't paid
100
Brooklyn A Montauk.....
100
Pref
do
100
Buff. N. Y. A Erie, leased
Buiralo Pittsburg

117
Kans. Pao.,l«t, 08,x.,fi).ctf;<- KVA 115
do let M.,Ga, K.,<"l'<'''?jl*i?
lst,R.& 1>.G.DM,'99.MAN

Pref......

OS's, California Pacitic...

(street), Bo9tau....l00
60
Atlantic
.50
Prel
do
100
Canada Southeni
oO
Catawlssa
50
Old, pref
do
.-w
pref
New,
do
Cedar Falls A Minnesota .....100
Cedar Rapids A Mo. and la. M.lOO
100
Pref., 7
do
..100
Central of Georgia

Cambridge

Camden A

118'

122
122
120
130
128

-

do
do

Bid.

Railroad Stockh.

Ask.

Ask.

100 i&a 100
173
172
S3V
63
100
124
122
2514
24
MMiilialtan Railway
v*VV 16 •'e 16
pref
..JO
Marietta & Cincinnati, Ist
25
15
10
10
2d pref.. .50
do
60
40
88
25 88
Memphis A Cliarlenton
77
Sx7B
50
Boston...
(street),
Metropolitan
23H 23^
87
Mcliopolitiin Elevated
lOS''*
100 105»8 125i«
81
82>s Mlihixan Central
125
lOO
MiiidleHcx (Street), Boston
37 1« 39
.lOO
Jersey
New
Mliiland
of
95
:93
!,S>\\ 60I«
Mil. I,ak« Shore A West., pref. 100
61
125'
Mine Hill A 8. Haven, leased... .60 60''8
51
lOO
M Irtsonrl Kaiiaas A Texas
112
.JOO 112
MiHsnurl Pacific
38
68 14 G8I4 .Mobile & Ohio RR., assented... 100
50
Morris A Ehbcx. guar., 7
21
Nashville. Ciiat. A St. Louis. .-.25
58
Uiwell
&
Nashua
vj-ixx
58
Niuihua A Rochester, guar., 3. .100
38
38
Ni-w Jersey A New York .........^,
154 155
N. lAindon Northern, lleased, 8.. 100
N. Orleans Mobile A Texas
xl20 124
100 145%
N. Y. Central A Hudson Blv
108
New York Elevated

ManohesterA Lawrence
Manhattan Bench Co

.

m'

-

.

I

..100
..100
..100
..100 101ifll0l«8

Central Iowa

latpret

2dpref
Central of New Jersey
II9I9 Central Ohio
Pref
do

...50
...50

..100
Central Paclflo
..100
Charlotte Col. A Aug
Chesapeake A Ohio, common .100
..100
pref.
1st
do
2d pref.. ..100
do
..100
Cheshire, pref
..100
114>s Chicago A Alton.
100
Pref.,
7
do
Chicago Burlington & Oiiincy. .100
Soutlieru
Cliicago & Canada
Chicago & East Illinois
.100
Chicago Iowa & Nebraska
SO
ChlcaSo Milwaukee & St. Paul. 100

LMl8tM,7a,«.,'80.J\-.I
da
Laud2dM.,78, R., 1S80
do
T^ttv. Br., 78, •96.,.M&N
do
do lnc.,No.ll,78,1910.M&S
do Iuc.,No.l6,78,1916.M&a
do D>'nv.Dlv.,6a as.s.op.ccMt. 109 >3
do l8t cons. 1*1,(58,1910 MctN 105
„„
Ctali Cen.— l8t M., Os, jt.,1800. J&J 115
Utah 8o.-Gen. M. 78, 1903,.- Jf-j 107
UtloaA Bl'k R.— Mort.,78,'91.J&J
49
..Venn't & Can.— M., 38
Mississnuol, 78, 1891
15'
-liM
Vila
78,'86.M&N
Vermont Cen.-lst M.,
3
2
-JAD
2d mort., 78, 1891
50
49
88........m*n
Income extension
40
35
J&J
1887
78,
&
C.,
8.
Btanstcad
il03 104
Verm'tA Mass.— Ist M.,68,'83.J&J t
Conv. 7s, 1885
Ak-l.^ 100 116
Vtok.&Mer.— lstM.,end.,78,'90.J&.I
90
Bo
.J&J
2d niorl,end.,78, 1890
1151a
'

Western.... 50
.

112%

M.,7s,K., 99.iUfcN

A

do

Burlington C. Rapids A North. 100
Cairo &8t. I^uls
Calm & Vine, prof. 5 p. o

l'29"fl

OoUaUTal trust. 69, 1908 ..J&J
Colorado Cent.,lat, 88, K-.'OO.J&n

Denver racist

94

GO
100 Hs

••

Tol.Dcl's* l!ur.-Ut ii.rtUi,<jH. 1910
l«t Drtytou d v..»>8. 1910
do
1010
li«t Ter-1 trust, Cs.
do
Divytou Ulv. Iuo^Gb, 1910

105 >s

00^ 92

"V-. la''' iV'!

Bid.

railroai> Stocks.

Auk.

Bummlt Br.-lst, 7«. }''>oa;...J&J

a« n«.«d of FIr.t

Pref.,

7.100

do
Chicago & North Western. ... .100
Pref., 7.100
do
100
Chicago A Rock Island
100
Chie.St. L. AN. O....
Chic. St. P. Minn. &Om., com 100
100
Pref.
do
100
Chicago & West Michigan
Cln. Hamilton & Dayton --.•• jOO

...."JO
New York A Harlem
Pref... ...50
do
N. Y. L. Erie A West
..
Pref
do
100
99 13 99% iNewYork A New EngUnd
100
Hartford
Haven
A
60 In. Y. N.
58
29% 301a N. Y. Ontario A Western Pref......
do
do
441a 45
B08...IOO
31% 33 New York ProvldenceA
Norfolk A Western, com
62

50

I

I

130
150
163
12
106
XI52:

125%
134

164

20
l,V2ia
i'.;558'

13410

12018

12G%

137

139

142%

1431a

1

pref
do
do
50
North Pennsylvania
North A South Alabama
-.50
Northern Central
100
Northern New Hampshire
100
Northern Pacifle, common
100
Pref
do
Norwieh&Worce8ter,lea8ed,10. 100
OL'densburgh A Lake Champ... 100
Pref., 8. .100
do
100
Ohio Ontral
100
Ohio & Mississippi
100
Pref
do
Ohio Southern
Old Colony
v:----^2X

83
80
42 '.a 43
106 IOGI3
921s
92
Oswego
96

& Syracuse, guar., 9..

561s

56%

..50

100
32 14 Paris & Decatur
60
Pennsylvania Railroad
54
50
55
95% Pennsylvania Company
Eoulliment, 78, 1883
A
50
Pref
lOlOg
do
J&D 100^
General mort.. 68. 1920
50%
&
ex-prlv.lOO
106 ifl
Peoria Decatur A Ev.,
139
Cliic. Div., 58, 1910
50
A
104
Erie
A
Philadelphia
Havana Dlv., 6a, 1910. ......J&J 120 1201a Col. Chic. & Indiana Central... 100 2414 241a Philadelphia & Reading.
50
175 185
Tol. P. & West., 1st 7s, 1917. ..Q
50 ^UO
Coiimibus A Hocking VaUey. .50 1-20 130
Pref., 7
do
"
1st pref. Inc., conv.
do
Columbus & Toledo
Phlla. & Trenton, leased, 10... 100
Inc
2dpref.
.50 145
do
Xenia, guar., 8..
A
Columbus
50 §671j 68
Bait
&
108
Wilmington
10014!
Phila.
100
Cons, mort., 7s,1907.con.,exQ--i lllij
-•
Concord
v:-,-5P.
Pittsburgh Cincinnati & St. L...50
125
Ht. St. L. dlv., 78, 1889,ex.F&A 111
Concord A Port8mouth,guar.,7 100 xl20
Pittsb. A Connellsville, leased... 50
99 100
100
Gt. West., Ill.,l8t,78, '88,ex.F&A 111
Pref.
lllij Connecticut & Passumpslo
do
do
170
'93,ex.MiN
xl68
2d.78,
100
do
139 139
River
Connecticut
110
Pittsb. Ft. W. A Chlo, guar.. 7.100
70
70
J'ncy <fe Tol., 1st, 7s,'90, ex.M&N Wl
Norwalk
&
Danbury
Special, 7.100
do
Avi?. 62
65
ex.F&A
a? & 8. la., Ist, 7s, '82„
Michigan, guar., 3ia..50
A
6
100
Dayton
Portsm.,l'sed
112
SacoA
Portland
140
Bt.L.K.C. &N. (r.e«t.& R.),7s.M&S
Pref., guar., 8.50 138
do
120
Portsiii'th Gt. Falls & Conway. lOo
100
do Om.Div.,l8t78,1919.AiO 119"s
100
Delaware & Bound Broolt
I2414 Providence & Worcester
124
do Clarin. Br., Gs, 1919.F&A 100
50
Western......
Lack.
A
Delaware
Saratoga
;---15Ja
100 llOia llOifi Rensselaer &Valley,
do No. Mo..l8t M., 1895.JA.1 126 1261s Denver & Rio Grande
100
deferred...
Republican
100
Wab. Fimd. 1907- Var. 7s. FAA 103
100
Denver So. P. & Pacific
Richmond & Danville
F&A
22
20
Various Gs
do
Fort Dodge........
&
Moines
100
common.
DCS
P.,
A
114
Fred.
Richmond
40
Pref
Warren (N.J.)-2d M., 78, 1900.
do
100
do
Guar. 7
76'
do
100
do
75
1883..
M&b
Debent.Gs,
103 1«
Jersey—
Northern, com .100
A
100
Lansing
Det.
Petersburg
121
Richmond A
J&J 1191a
115
l8t mort., 68, 1896
Pref. 100 114
do
do
Ches
River
&
York
Richmond
..
.A&O
89
1890.
78.
87
Consol. mort.,
100
Sioux City.
A
Dubuque
..-111
Pittsburg
-JOO
&
Rochester
W. Jerscv & At. Ist M.,68l910M&8
1-22
East Pennsylvania, leased. ... .50 216' 250
Rome Watertown & Ogdensb.lOO
Wesfn Ala.— Ist M., 8s, '88... A&O 118
Tennessee Virginia & QO-IOJ'
100
Rutland
A&O 120 122 East
51
10"
2d mort., 88, guar., '90
100
Eastern (MassOPref., 7
119
do
92
G8,90...J&J
1st,
91%
100
West. Md.-End.,
H
N.
Eaateniin
...........
Western.
St. Joseph A
J&J
60
50
l«tmort.,6s, 1890
1""
--.•
River
Haute. 100
Eel
Terre
A
no'
Alton
LoiiS
J&J
St.
1890
Gs,
40
End., 2d mort.,
Pref. 100
ElmlraA Williamsport, 5.......50 56
do
do
J&J 111 113
2d mort., iiref., 68, 1895
Pref., 7. .50
do
100
lU
Belleville A 80. HI., pref
110
..50 100
2d, end. Wash. Co., 6s, 1890 J&J
82
Pittsburg, guar., 7
100
&
Erie
Southern
A
JAJ
5II4
1"" xl52 I52I3 St. Louis LM'n
3d, end., 68, 1900
-•
100
Fltchburg
Fran..--.
ASan
Louis
110>S
37
St.
'93..A&0
36%
West'nPenn.- lstM.,6s,
771s
Marquette
Pero
100
&
Fref
Flint
do
'96
J&J 112
101
102
Plttfl. Br., 1st M.. 6s,
Pref
do
do
1st pref.. 100
do
Wheeling & I..Erie-let,68,g.. 1910 llOia lllHi
100
Frankfort &Kokomo.-.....v;... 50 180 185
1118 124
St. Paul ADuluth......
Wtlm. Columbia & AuRiista, bs
100
Railroad & Bank'g Co.lOO
Georgia
Prof
do
'96.
J&J
W11.& Weldon— S. F.. 78. g.,
(fuar., 5.. 100
VaUey,
lOO
River
Grand
Man
181a 20iai St. Paul Minn. A
Wlnona&St.Pet.- latM.,7s,'87.J&J i'69
Green Bay & Minnesota
-M&N 1221*
921a Scioto Valley
92
2dni.irt.,7s, 1907
..-.-.. 100
Joseph
lOO
&
St.
Hannibal
95 105
Seaboard A Roanoke.
Wis. Cent.— Ist, 78, coups, unfund.
Pref., 7.. 100 II4I3 115
100
do
Guar
do
78
781s
Ist series, new
J.A
L., guar.,7.50
Mt.
-50
P.
Harrisburg
...
...
58
South Boston (street)
2d series, new
100 xl30 132
(street) Boston
paid. 100
Highland
assessm't
114
CaroUna,
1131s
South
J&J
99=8
99%
100
Wta. Vallev— Ist, 7s, 1909
Central
Texas
"•-••
100
&
Houston
102
1514 Southwestern, Ga. guar.,
Woro'r & Sashua— 5s, •93-'95 Var. 1101 102
Huntingdon A Broad Top^. ... .50 $22
Bingh'ton A N. Y.-..100
24i«
k 23 Syracuse
Kash. A Roch.. guar.. 58. '94.A&0 1101
24
Pref... 50
do
gO
do
Summit Branch, Pa
STOCKS. Par. :ioi3 11 Illinois Central
139
...50
v^92
IndlanapoUs.
&
.--i,-,-Haute
Terre
Ala. Gt. South.— Llm., A., Bs.prei
A West., new 551* 55>s Texas & Pacitlo
100 '6'8% 68%
6
61a Indiana Bloomington
--^
lAm., B, com
..International A Gt. Northern. .100
9OI3 Texas Central & St. Louis.
90
Albany & Suaoueh., Guar., 7. -.100 126 130
....100,
City....
Sioux
100
&
Falls
[owa
Toledo Delphos A Burlington..
Allegheny Valley
Ind'p's, I'sed. 7..100
iv5S
A
...... 100
Ma<l.
Warsaw
Jeft'v.
147
i4eis
Peoria
A
13Gia
Toledo
1361s
AtctiiBou Topcka & Santa Fe.. 100
'7. ... .100
Ist pref. 100
Jollet A Chicago, guar.,
do
do
si's 83
95 13
95
Atlanta A Charlotte Air Line
2d pref.. 100
Kansas City Ft. 8<wtt& Gi^f .. .100 134 135
do
do
Atchison & Great Western
100
:_.
Pref.
do
Co 100
do
131
.10011129
271a United N. Jersey RR A C.
Atl. A St. Law., leased, 0, £.
jOO
Keokuk ADes Moines. ........100 271s
Union Pacitlo.....
100
55
65
Augusta & Savannah, leased
...100
Pref.
do
Canada, leased..... lOO
100 200 205
Baltimore & Ohio
100 61^8 61 's! Vermont & Mass., leased, 6.... 100
Western
A
Erie
Lake
A
100
Pref.,6
do
100 12818 128% Vennont & Meridian, assented. ..
Lake Shore & Mich. So
OIW Vtoksburg
S61
2<1, pref
do
Paclflo^^..lOO
•.-.;.•
LehlRh Valley
VXX x81
100 200
81<s Wabash St. Louis A
Waaliincton Bnincii
100
Smith
Fort
Pref. 100
13 lal Little Rock &
do
do
1121s
100
Branch
143
Parkersburg
50
leased, 8 guar-. •- 60
Miami,
7..
leased,
Little
175
(N.
J.),
Warren
100 1741s
656
Boston A Albany
60
7
leased,
»o
42Hil IJttle Schuylkill,
42
Westchester A Phlla,, pref
63
63
BoBt. cnint. Fitchb.&New Bed.lOO
°"
132iallLonK
I»li»n<'v;-West Jersey....
Pref 100 132
23
do
V.:,"™""'ioo
do
28
100
Cona
Blv.,
Loulsiaua A Mo.
West. Maryland....
100
43
48
Bost. Con. & Montreal
Pref., guar..
do
Augusta.
104
A
Columbia
191
Pref., 6. ..100 101
1061a WUm.
do
.100 106
.
LonlsvlUe A NashyUle. .
A Weldon, leas'd, 7.100
Boeton Hartford A Erie
107% 107%! WUmiugfnCentral
.....
Louisville New Albany & Chlo.lOO
Wisconsin
500 107 108
137
Boston & I/owell
IdO
100
Boston (street)
A
Lynn
166
do
, Pref
1641s
100
Boston & Maine
..• .-••i""
Augusta
&
Macon
Nashua
20
18
Worcester A
46
Boston & New York Air L.
100' 40
Maine neutral
69
69
pref
do
do
Quotation per share.
London.
In
i
also pays accrued Interest.
•
t The purchaser
Price, nominal no late transaoUons,

Waba8U-lstM.,ext.,78,'90,e.t.F&A

A&O
M&N

Mort., 78, 1879-1909
2d mort., 78, est. 1897, ex..M&>>

111

&

Chic.lOO
Cin. Indlanap. St. Louis
...50
Cln. Sandusky A Cleveland...
Pref., 6.0O
do
Indianapolis .. 100
Clev. Col. Cin.
Mahoning Val., leased.. .5C
Clev.
Pittsburgh, guar., 7..... 50
aev.

Panama

32
^53
9514

.,

.

1

I

W

—

'

.

.

.

.

.

.

. .

-

.

.

•

,

,

. .

RAILROAD

. .

•

.

,

. .

.

. . .

1

iV

. .

.

. .

.

•

;

THE (CHRONICLE.

20

rVo:. XiXIII.

GENERAL QUOTATIONS OF STOCKS AND BONDS— Cokcludbo.
For BKpianatiou* See

—

BOSTON.
100
AtUnUc

Bask

Ask.

Bid.

BAitK Stocks.

STotee at

133

National. 1001
lOOl 136
Kentuckj'Naf
LoulST. Banking Co.40 200

1525sll54

aSm.

100 126>ijl27
100 120
100 116 110>2 Masonic
Blackstone
Merchants' Nat. ..100 130
100 108 110
Blue Hill
lligia
...
100 105
Northern
of
Ky
100; 128,
Boston Nat
100
Second Nat
100 1C75,'12S
Bo)-l8t«n
148
107
100
Scciulty
106^1
Briglitun, (Nat.). ..100
94
911s riiirdNatioual....lOO 115
100
Broadway
107
100
17S
170
Western
100
Banker Hill
We8t.Finan.Corp..l00 113
100 120's 121
Central
121>4!l'.ilis
MOBILE.
100
City
27
23
Bank of MobUe
100 ll.'i 1146
Columbian
FirslNat
100 120
100 ISO's 127
Commerce
90
Nat. Commercial -.100
100 i;)Ois 131
Commonweallli
MONTREAL
100 120's 121
Contiueutal
121
British N. America .... 103
100 120
Eagle
123
122
Comnierce..
50 146
100
EUot
Dominion
50 171is
100 144 >} 145
Excbange
Du Peuple
50 93
100 lie's 117
Everett
131
Eastern Townships 50 116
100 130
Fanenil Hall
Exchange
100 138
100 •207 »2 210
itret Natloual
Federal
100 154
100 103 105
First Ward
Hamilton
100 118
Fourth National.. 100 108 109
80
100
100 124 1241-2 lIoehele)ta
Freemans'
100 112'2 113
Imperial
100 118
Olobe
100 122 123
Jacques Car-ier... 100 lei's
Hamilton
Maritime
100
Hid6 4Leatlier...l00 117's 118
100 130 I3OI4I Merchants'
Howard
100 122I2
MoLsoiis
Manufacturers'.. .100 loo's 110
50 112
"4
100 109 1091s .Montreal
Market
200 lOl-Ti
91
Nationale
MarkcKBrlghton) 100 135 140
50
89>s
250 121's 122
Ontario
Ma«8acbusett8
40
Maverick
100 255 260
CJuehec
100 1103i
132
101
Mechanics' (So.B.)lOO 131
Standard
100 112 II2I3 Toronto
Merchandise
100 152
150
Merchants'
lOO 149
Union
100 92
100 125's 126
Metruiwlitan
Villo Marie
100 461s
Monument
100 203 204
NEW ORLEANS.
100 126's 127
Mt. Vernon
Canal & Banking.. 100 123
153
New England
100 152
Citizens'
100 115
140
North
100 139
Gcnnania Nat
100 125
North America.... 100 117 II7I2 HibemiaNat
100 116
(i3i2
Old Boston
50 63
Louisiana Nat.. .. 100 115
Pacific
100 115 116
Met oiwlitan
105
People's
100 164
.Mutual Nat
100 116
13dis Sew Orleans Nat.. 100 160
Bedemptlon
lOt- 135
1311.2 People's
Kepn'jIIc
....IOC 131
50 57
Hevere
100 126 I26I2 State Nat
100 120
Kockliind
IOC 140 111
Union Nat
1(>0 114
Second Nat
100 153 1331a
NEW YORK.
190
Security
100 180
America
lOOSt
123
Shawmut
IOC 122
American Excb'gelOOl
8boe<& Leather
100 114 1141s Broadway
25 ;230
j

!10

Page of qnotatlona.

First

Bask Stocks.

Bid.

Manufacturers' Nat.25
Mechanics' Nat.... 100
Merchants' Nat

29

Ask.

Bid.

Stocks.

German

'

Head of

Ask.

IssnR.vscE Stocks.
;

Nat. B'kComiuerce-50
Nat. B'k Geriuaut'n 50

Stonewall
Wnsh'ton Fire

Nat.B'kN.Liberties 30 145
Nat.B'kRepulilic.lOO 120

Crescent Jliitual

.

I

50
Sonthwark Nat
Spiins Garden. ...100

100

10310122(1 Ward
14612 Third Nat

95

125

100
IOC
100
100
100
100
100
100

State

ThlrdNat
Trsdors'

Tremont
Union
Washington
Webst«r

BROOKLYN.

I '25

107 "s
104 "s

125 Is Buteliers'cfe I)rovcr825h 110
I25I2 Central National. .100' ;
108
Chitse National.... 100 "150
103
Chatham
25 ;iio

125'e 126
Chemical
ISlJs 152
aty
133i« Citizens'
138
lllij Commerce
111
Continental

Brooklyn

175
110

113

First National

2-20

230

FnltoD
City National

110
240
OS
100
96
ISO
170
150

Atlantic (State)

Commercial
Ix)ng Island
Manura<'tttrer8'

Mechanics'

Nassau
Brooklyn Trust

CHARLESTON.

115
1

260
105
103
100
185
190

First Nat. ('has.. .100
People's National. 100

CHICAGO.

Oommorcial Nat...lOC
Nat.. .100
Fifth National
100
First Natloual
100
E.xcli.

Hide and I-eathor

Home National .. .100
Merchants' Nat.. .100
Hat. B'kof Illlnols.lOC
Northweutcni Nat. 100
Union National
100
Un.Stock Y'da Nat.lOC
CINfl.XNATL

Citizens' National

170
215
160
110
123

First National

Fourth National

German

National...
Merchants' National.

Mat.LijI.&Hk.ofCom. ItiO
Second National ..
120
Third National....
2-20

HARTFORD.

.Stna Nat

loo 12s
.'jO
74
ioo 135
100 95
Ofmnectlcnt Rlvor..30
37
Far. dt Mech. Nat. 100 130
First Nat
loo 1'20
Hartford Nat
loo 169
Mercantile Nat.. IOO 1'20

American Nat..
Charter Oak Nat
CltyNat

. .

.

.

National Kxehange .50
Phoenix Nat
ioo
•Hate....

City Nat

130
1C5
125
225

57
Cuinberiand Nat.. .40
100 160
Canal Nat
100 154
CascoNat
100 154
First Nat
75 110
Mercliauts' Nat
National Traders'. 100 152

77
138
100

43
i'25"

123

80
120

126

100

127
130

City TohaccolOO
89 <« 90
Fanners' of Ky ...loO 105 107

Farmers'

i Drov.

100

107
.100 i 43
OennaaIus.Co.''s!loo! 103
flennan
io(»l IIW

First Nat.

.

....25

Paoitto

..

i

I.

People's

Phenix

.

.50
..100
....25

20
Republic
ioo
Second National .. 100
Seventh Ward
100
Shoe & Leather
100
St. Nicholas
100
Stateof N. Y
100
Tradesmen's
40
Union
no

130
lis

Bank

;

134

149

Howard

'

170
150

iso"
125
120 123
*122
*150

Philadelphia's

Fire

i

7
27

i

.

26

.

I

I

III4

& M. .100 xl37

Boston
Boylston

100 xl41
100 151
Commonwealth. ..100 93
Dwelling House.. .10( 119
Eliot
100 150
Firemen's
100 188
Franklin
loO
60
Manufactm'ers'. ..100 145
Mass. Mutual
100 1161*
Mercantile F. & M.lOO 141
NeptuneF. & M...100 132
North American 100 125
Proscott
100 125
Revere
loo
Shoe & Leather. ..100 143
Washineton
loO 150
. .

CINCINNATI

Amazon(new

j

12
140
144
152

N.itlonal

New York

94

144
155

20 80
85
23 140
110"
20
Commercial
25 i'do'
Eagle.
100 no 113
Enterprise
20 80
85
Eureka
20 145
Firemen's
20
Germania
20 ids" 103
Glolie
20
105
Merchants'* Mauuf 20
Miami Valley
.50
100
National.
100 135
Union
20 75
80
Washington...
20
Western
25 150

..40

x235
143
300

xl40
xl20
205
63

Life..

& Mer. 8%
Queen Fire & Life.. .1
Royal Insurance. ... 3
MOBILE.

Citizens' Mutual. ..100

77T7~Z
5 Last price procedius

Juae

30,

{

210
67

n«
95
75
118

70

160
90
130
160

70

City

50
25
25
100

115

240
130
140
95
85
65
123
110

IOO
50
100
.

23
145

RICH.MONU.
City

25
Merchants' JkMech.lOO
Virginia F. & M
25

145
123
212

Virginia Home
Virginia State
25
ST. LOUIS.
American Central.. 25

23I3

23
03

3m
•27

95
36

^

32

35

100 123
100 110
100 122
GO'S
Home Mutual
118
4
414 State luvestment. 1(K.' 108
33I2
334i]XJnlon
lot 123

125

59

60
67

70

Quo atlon per

I

Delaware Mutual. .25
37"
Ins. Co. of N. Am'ca 10
Ins. Co. State of Pa 200
Pennsylvania B"ire 100
Liunbermcn's
50
Spring Garden
50 122 126
Union
12
10
United Firemen's .. 10
2812

240

251s 261s
50 78
80
Imperial Fire
25 101
104
Uincashire P. <fe L..23
»lS
London Ass.C0rp.i2i3 00
68
Liv. & Lond. &Qlobe.2
22=9 2278
North'nFire&
Brit.

8713

130

PHILADELPHIA.^

Citizens'

Guardian

....

150

150
115

Fire Association
Franklin Fire

.

North

196

00

American Fire

HARTFORD CONN.

JEUni File
100
Atlas Insurance... 100
Connecticut
100
Hartford
100
National
100
Orient
100
Phcenix
100

115

155
110
185
112
230
Pacific
125
Park
Peter Cooper
.20 200
People's
50 115
Phenix (B'klyn) .. ..50 135
00
Relief
50
80
Republic
100
150
Rutgers'
100
GO
St. Nicholas
52
Standard
50 126
Star
100 118
75
Sterling
100
Stuyvesant
25 113
Tradesmen's
25 105
United States
25 132
Westchester
10 115
WllliamslmrgCity...5o 210

stock)

Boiler..

103

145
110
105
150
85
125
115
150
3712 115

Niagara
North River

Citizens'

Steam

I

100
110

N. Y. Eiiuitable
3
New York Fire .... 100

122
152
192
65
147
119
143
133
128
130

Cincinnati

1

25
Long Isl'd (B'klyn). 50
25
Lorillard
Mauuf & Builders' 100
Manhattan
100
Mech & Traders' ... 25
Mechanics' (B'WjtDSO
Mercantile
to
Merchants'
50
Montauk (B'klyn).. 50
Nassau (B'klyn).....50

iLeuox

BOSTON.

Americi^n F.

105

.

j

5

Maryland Fire
10
Merchants' Mutual. 30
National Fire
10

LONDON.

Commonwealth Nat 50

late tranaaot'ana
»w
sraus»ot.on«.

i

Cominercial Union £„

Consolidation Nat.. 30

66
Corn Exchange Nat.50 66
lEigUth Nat
100 no
E'ratNat
100
Farmers'itMech.N.lOO 131
Girard National ... 40
88
Kensington Nat.
.50
62

.

Associate Firemen's.
Baltimore Fire Ins. 10
Firemen's lusui-'ce. 18

:ioo

175
130

I

iFIKE riVSUK'CE
STOCKS.
BALTIMORE

B'k of N. America, loo 274
Central National.. 100
City National
50 106
Commercial Nat... 50 67

.

Pnoe nominal no

137
129

225

I

142
First Nat. Gold. ...100 114
Grangers' B'k of C.IOO
Merchants' Exch.lOO
Nat.Gold Bank& Tr. Co
Pacific
120
WcUs, Fargo &Co.
of California.

170
120

i

Anglo-Cali fomia

:1781

161
120

97

SAN FRANCISCO.

60

:240

:io5
;i45

Bank

2514
23
19214 First Nat
100 135
Merchants' Nat... 100 1141s
"89% Nat. Bk of VirgiuialOO 90
Planters' Nat
100 130
105
State Bank of Va.lOO 103
151
ST. LOUIS.
B'k of Comnierce. 100 350
100 260
Commercial
100 130
Continental
130
Fourth National ..100
117
International
100 90
130
Mechanics'
100 107
Merchants', Old
120
Merchants' Nat ... 100 118
St. Louis National. 100 107
Third National
100 101
Valley National... 100 101
City

1221s

American
.50 102
American Exch..-100 113
Bowery
25 200
Broadway
25 213
17 195
Brooklyn
20 165
Citizens'
City
70 125
Clinton
100 135
60
30
Oolumbia
100
.50
Commercial
100 225
Continental
40 213
Eagle
100 93
Empire City
Exchange
30 105
50 120
Farragut
97
17
Firemen's
Firoiucii'a Tru.st
10 107
117
Frank.& Emp'ium
German-.^mericaii 100 182
[Gerniauia
50 160
50 117
[Globe
25 260
lUreenwIch
Guardian
100 68
Hamilton
15 140
50 100
Hanover
80
IHofi&uan
50
100 158
Homo
Howard
50 1-23
95
Importei's' & Trad. 50
100 75
Irving
150
[Jefferson
30
;KingsCo. (B'klyn) .20 200
63
Knickerbocker
40
iLafaj-ette (B'klyn) .50 112
90
100
iLainar

162
136
155
112
154

4014

Teutonia

NEW YORK.

59

RICHMOND, VA.

123

.

Oriental

113

39Se

Sun Mutual

People's

PORTLAND, ME.

102

125
Corn Exchange ...100 •ieo
East River
25 ;ioo
Eleventh Ward
25
First National
100 ;800
Fourth National. 100 U21
Fulton
30 ;i3(;
Fifth Avenue
100 :360
Oallatin National ..50 ;150
German American. .75 (95
Genuania
100
Greenwich
25
Grocers'
30
Hanover
100 130
Importers' & Tr...lOO ;250
trvmg
50 ;132
Leather Manufts..lOO 140
147
Manhattan
50 :140
Mauuf. & Merch'ts.20
Marine
100 ;i6o
Market
100 130
Mechanics'
25 150
Mechanics' B. A9a'u50
90
Mechanics' & Tr.. .25 ;i04
Mercantile
100 :ii5
Merchants'
.50 131
Merchants' Exch'geoO 102
Metropolitan
100 103
Nassau
lOO 101
New York
lOO ;i40
N. Y. Nat. Exoh'gelOO
New Y'ork County 100
Ninth National
100 ;120
North America ..70
70 ;100i4
North River
....50
50;102

Park
132

76

Natloual. 100

Fans

218
105

170
100 114

LOUISVILLE.
Bank of KcutiiokylOO 144
Bank of LonlsvllleiOO 912

OUmis'

i

.50

11-y>4 llfiis

63
30
113

.

50
West Philadelphla.100

118
139

. .

I

E'k of Clia!».(NBA) 100

Com

I

100
100
25
100
100

Mechanics' & Traders
Now Orleans Ins. A8.Vn
New Orleans Ins. Co

30
100

UniouNat
Western Nat

I

Suflolk

lOOl

Si.\thNat

!

1091s 111

and Traders'. xll4Sv lieia
63
116
Germania
109
nilicrnia
331.
Home
37
(JO
Hope
5*1, 00
Lafayette...
llOio 11213
Mercli.auts' Mntual ..

I

. . .

M. ..50

35

45
100
43

Firemen's

.

28

A-

Ajsk.

80
50
42
95
40

Factors'

50
100
People's
Philadelphia Nat. 100
100
Second Nat
100
Seventh Nat

feuu National

110

Mnt

NEW ORLEANS.

Ifitional Security. 100

i

Trad's'

'Mobile Mutual ...... 70
Planters' & Merch.Mut

.

106
130

Fad ore' A

Bid.

Jefferson

Marine

100
100
100

SAN FR.ANCISCO
California
|Coinmeiei.il

H2

Firemen's Fund

iWestern
I

sUaie.

9714^

,

L20

JrLT

THE CHRONICLE.

8. 1881.]

21

GENERAL QUOTATIONS OP STOCKS AND BONDS—CoMrnnjBD.
For Bvplanatlons
Canal Stocks.

Bid.

MlSCBLLANEOUR.

Aak.

C^liiui.—

lat, 78, 1!)0U

JAJ

Cliemp.

A

iBt ninrt.,(i>i,'H(IJAJ

Gl

<i.^
Delawiirt) Divialuii^

Delaware

A

latext.,

119
Hi)

JA-J

18U1..MAN

1884
J*J
Coup. 7«. 181)1. A&O
Rog, Ts, 1804 ..AJkO

110

let rii.r).ci>.,78,M&.S

1-^8

7»,

do

.James Riv.

&

lat mott.,

2d

6a, roK.,

Kuii.—

Brooklyn Trust

.man

Central
Kquitable
Kai n'.oin' Loan

1061s 107
121

1MS4....Q-J

«iH, ro)t.,

'm.aF

Deb.Gs, rrg..-77.jM)

.N.Y.

114
C<iii».M.,l<)U 78JAI) 115
Louisville A Portl.—

nt>»s

25
ItX)

100

A Tr.2.">

100
Ind.lOU
LifeATnist..lOO

VIcrcantilc
N. Y. On.Tr.

Coiiv,6s,rt'K..'8-.'JAD

do (l8,K..r}f..'l)l.MA.>5
6.'<,»r.,cp.Ar>,'..'!)7J.tI)

Shove

A

88 >3

88%

60

,

'

I

i

I

Freelaud
Gold Placer
Gold Stripe

uonns.

.Metropolitan, N.Y. 100

Aincr'n S3.Co.(Pbll.)—
68, R. C, 1890...\AO
Bait.

Oas Uxbt

Municipal

100
Mutual of N. Y....100
.Vew York, N.Y. .100

108 la 110

68....

. .

Caiitou (Bait.)—
£6s. K.,1U01. ..JAJ

106
106
119
102

Mort. 08,if.,1904 JAJ
Un. UR., Int. end. ,09.
do 2drf!ud. Os.ir.MAN
CoJorivdo Coal A Iron-

S. Orleans G. L. ..100
N. Liberties, Phila-.25 J
5

110

Washington, Pbila..20'}
Portland, Mo., G. L.oO
iJt. Louis G. L
50
Laclede, St. Louis. 100 100

6.5

San Juan

85

S.

Sii.

do

148
165

70

.Stand'd Cons.

'Luccnie

Mono

$6

Navnjo

G.M.IOO

23i.2fJN.

Allouez
Atlantic

75c.il

18

IRappabauock

1

1% Red Elephant

10

.

ISir

Standby
;Tel.

•18
•16

..lOi

Con
100
100

Tioga

10
100

Tuscarora
'Unadilla

Union Consol
de W.
Walea

IV.

Willsblre

BANK

•1»
-20

2-50

05

•28
•60

2 80

10
•25

T5
«»
15
34
3-50

23«

10

[Tip Top
jTiinlty

•60

•80

l^OO
•09

•29
•II

111*
•3a

100
10
,

i<ao

,

STOCKS,

BALTIMORE.

Baltimore 100 135
171*
Commerce. 26
25
Vo
[Citizens'
10
Com A Fan''..er9' .100 1121s
31
Farmers' B'k of Md.30
45
'Farmers' A Mereh..40

iBank

35c.

of

50ci iBank of

IS

Chesapeake

I

.

i

1-90

42 >•
2 00 Farmers'A Plantera"25
133
First Nat. of Bait.. 100 iso
7i»
»
12'»
42llFranklln

'

German Amerlcau
Howard
1

Marino

60

'

•36

90

I

.

7

100
1

30

•08
i

8i«

110

10

•34«s •35

Ills
10
Mechanics'
100 133
iMerchanta'
National Eich'go. 100 117

12

25 20
People's
'Second National ..100 150
'iThird National.... 100

!

la LjniDn.

Dhu

South BiUwer
South Hite, new ...26
Spring Valley
1
[standard
100

I

;

Roderick

JSouth Bodie..

.

tat.

5

•7»
•40

5U
Sacramento
10
Santa Cniz
Savage GoldA Sil v.lOO
Sierra Nevada SUv.lOO 101s
519
214 [Silver Cliff
50
45
10%!]8ilvpr Nugget, new..
~"

'

pay* aoorasi

10
100

Rising Sun...'.
Robinson Consol..

.

Tlio p.ico!>!Usr als>

A 8... 100

Penobscot

llPotosI

203

'J.=«

t

W

3%!'Plumaa

i

no late tran^uoUoji.

A

Overman G.
!lPatagonla

13

.

Price nominal

•65

.

.

*

1^65

PhiladelpUla ....1
Y. A Colorado... 20

O. K.

Aztec
Blue Uill me.)

1

125 1-to

North Standard...
Northern Belle
100

I

f,

09

Noonday

I

I

15

•10

100
100

New

A I. .100
BOSTON milNING
STOCKS.^

GOLD

Belle

Mayflower

_

136 140

50
10
10
100
100
10

72i3;!.Mexican G. A Slly.lOO
.Moose
10
Moose Silver

Miu.IOO

25
25
25
ist consul Cs
101^ 102
Oarondelet.st.Louis 50
16
10
Equitable lil. Ks. mort. 100
3an Francisco (4. L
661s: 671.J Brunsw'k Antimony.
Gold AStiKk Tel
Calimiet A Heeia...25
103 106
WAISCFACT'INC
Mariposa Oohl L.AM.Catalpa Silver
STO<^KS.
10
Cong. .M.,78,'86.JAJ
Am.B.H.S.M, (Pa. 11212
Ckmtral
25
Mercantile Real Kstate 100
Am. Linen (Fall Riv.)
Contentment
[1200
Silver 25
OrGK.U.AN.lst,0«,JAJ US'*
Amory (N. H.)
100 129 II2912 Copper Fal la
50
Pullui'n Palace Car—
Amoskeag (N.II.) 1000 X2000 2020 Dana
25
3d scriee, 8s,'87F&A 108 110
Androscog'n (Me.). 100 xl30 132
Dawson Silver
20
4th do
8s,'9'JFA.\ 1171s 119
Appleton Ma.ss.) 1000 1225 12.50 Douglas (Me.)
5
Deb'nt're,79.'88.\AO| 107
Duncan Silver
IO713 Atlantic (.Ma.s9.)...10O .xl70 172
20
Stig, 7s,g..l885 AAO
Barnard Mfg. (F. R.).
Franklin
125
251
Bt.Chark'B Brla/;e,7-8e
Harsh.iw Silver
100% Bates (Me.)
100 x202 205
201
et.l,. BildgoA l-unBoott Cot. (Mass.) 1000 2275 2300 Humboldt
25
l8t,7«,K.. 1929. AAO 129
Border City Mfir. (F.R.) 140
Hungarian
131
150
25i
Recoustiue. certf8...i;i27
25i
Beaton Co.(BIa8S.)1000 1435 1440 Huron
12»
eprins Valley—
Boston Belting
International Silver20|
100 174 176
W.W.,lsts,1906.MAS
Best. Duck (5Ias3.)700 1025
1030 Manhattan
25
BtcrlInK Iron A Ry.—
Cambria Iroii(Pa.) .50
Mesnard
25
Scries B.,lnc.. 1894.
Chicopce (Mass.) ..100 xl55 160
Minnesota
25
Plain income 6s, '91. 36
National
Cocheco (N.II.).. ..500 820 830
33
25j
Western Union Tel.—
Collins Co. (Conn.).. 10
11
Osceola
25
lO-^rt
78, coup., 1900.MAN
Pewablc
122% Continental (Me.). 100 87I3 88
25
7a res., 1000. MAN
Crcs't Mills (F. R.) 100 100
123
103
Plienix
25
Bterl'K Os, 1900..MA8 1105
Davol Mills (F. R.) 100 116
109
Pontine
25
Dongl's Axe (.MaS3)100 xllo 118
Qulncy
25
niSC'LLANEOUS
Dwlght (Mass.). ..500 x825 850
Ridge
25
sto<:ks.
Everett (.Mass.)... 100 130
Rockland
133
25
Asphnv.ill Umd
10
x7is
Fall Riv. Iron W. 1000
Silver Islet
8
25
Boston iMwl
104
10
Flint Mills (F. R.) 100 100
Star
25
0>s 11
Boston Water Power.
1038 10 ig Franklin (Me.)
Sulllvan(Me.iSUver 10
100 xl06 lOS
Brookllne <.MaKa.)I.'d5
II5I3 Su()erlor
514
2.5
11.5
51.J Great Falls (N. H.)100
Canton Co. (Bait.). 100
(lauiilton (M.a.S8.) 1000 X1175 1200 Wintlirop
25
Cent. N.J.I/dFmp.lO0
•281
30
Hartf. Carpet (Ct.)lOC 279
A! SILVER
40
Cln. A (k)v. B'd.ije pref. 108
Hill (Me)
MINING STOCK&i
1001x105 106
LoaisviileBililKo
{S. Y. A SAN. FRAN.)
Uohroke W.Power. 10i)l 225 240
McKayScw'),' Mach.l'o
Jackson (N. 11.).. 1000; 1305 1315 Alice
Maverick Land
10
.Alpha Consol OAS.IOO
King Philip (F. R.) lOOl 140
2M
N.E.Mt(,'.Hccur.(Kost.) xlOO
Alta Montana
560
LacoDia(Me)
100
4001 550
N.llannishire Land
.\inericau Flag
4
I,«nca8ter .M.(N.lI)4O0| 955
960
5
10
N.Y. Loan A Imp't 100
Lawrence (Mass.) 100011840 18f.O .Vmle
10
N.Y.ATcx.r>l.,Llm.6u
Bald Mount
40
4513 Lowell (Ma.ss)
OOOivSOO 805
Land scrip
BiMslck
31
32
Lowell Kleaohery.'JOO 2bO 285
100
O. Dominion 8S.(;o.io6 108
Bechtel
Ixiwell Mach.9liop.500l 800
900
Orepon Ky. AN.Co. 100 173 173
Belchnr Silver
Lyman M. (.Ma.s».) 100| 120 121
100
Pacific .Mail Si>. Co.lOO
Belle Isle
5158 51% Manchester (N.II.) 100 ,xl88
92
100
Ptdlm'n Palaoe C irl 00' 142
144
Mass. Cotton
1000 1335 1340 Belmont
BtLonis II'dKe.l8tpref|;105 107
Beat A Belcher. . .100
Mechanics' (F. R.) 100
130
2d pref. certlBcatj-s. ;50
Merchants' (F. R.) 100 180
190 {Bodle
100
52
Bt. Ixjuis Tunnel UR..,;104
1
107 'fMerrini:w!%(Ma.sR)1000 1^80 l-^StO 'Uon.anzi^Cbief
8t. Louis Tranater Co.
Breeco
03
'MuMlesi-x (Ma.s9.).l(X) x256 2.5^l
25
Butro Tunnel
Bueke3'e
10
$1
5!
IV Na.shua (N. H.)....500 760
f

Manhattan
White

.M.-iitin

May

Wilkesh. Coal

76
276
100

100
50

Ijeviatban

pref. 100

Stormont

•70

00

•05

Co... 1

Lowland Cbiet

Shainokin Coal
25
.Sluing .Mount. Coal.50

104
68

.35

100
S..100
100

Little Chief

Eaph'lSil.,Mob.lOO

200

SO'
2-6^

•26
2T
Great Eastern
I
5\
Green Mountain
10 Bis
Hale A NorcTO8s. .100
HHrsliaw
•63
•64
Hibenila
300 400
Highland Chief
16
Horn Silver
«a
25
•40
10 IIHortense
10
•»5
.87
201.3 Hukiil
5
20 -25
Independence
100
1-90 1-95
Iron Silver
20
[Kings Mountain
10 '"•28
'-"-tv
iLoerosso.
10
La Plata
130
135
Lead ville Conaol
10
Leeds
100

.

60

•28

25

25
2}

,

CANAL

83
195
146
il63
68
102
66

1-SO
•291s

!

I

50

•IS

9

100

A Curry

•70

•60

I

.

1

1

08
80

l'

(.ioodsliaw

.

ItOO

lol

Eui-ekn Con.wl...: 100
Father De Sinct .. 100
Flmiiey
1

Gould

62%

•50

2-75

100

Dnndcnberg
Dunkin
Dnrango
Einp. Utah

Grand Prize
Granville Gold

41

•15

1

Dahloncga

62

•98
•19

10

Crown Point

iTiis<!i':i.,.i

nniNINCJ STOCKS.

.

N.Y

."Mi

33

100

Copjwr Knob

.

Harlem, N. Y
50
.Manhattan, N.Y... .50

10

175

I

Centr.1l of

1«5

Cherokee

9.50

.

50

1-10
9>a

10

. .

.

niSC' LLANEOrS

1-40

Carb. mil
(Tontcnnial

TreinontA-a.C.IassllOO

.Vmeiican Coal
25i
Bait. Consji. Gjis.
5818 .5818 liig .Mountain Coal. 10!
3d iiiort.. (Js, IhSl..
95 liiick Mount'n Coal.50
Boston Gaslight. .500 x790
4tb molt., 08, 188(1.
109>s 110
East Iio.ston
28 13 29
Butler Co.al
'25
25
MoiTls—
ioutli Boston
100 106 107 ICaribou Con. Min'g.lO
Boat rn,reg.,'85A40
Brookllne,
lis
|l'ent..\ri7,ona
Mass.. 100 114
New mort
Miu.IOO
Cambridge, Mass. .100 137 138
Clinton Coal A Iron.lo
Pennsylvania—
Cbelsea, Mass
91
Colorado Coal A 1. lOO:
90
1001
6h, coup., 1910.. JAJ 103
89I2 Consol.Coalof Mil. 100!
Dorchester, .Ma.ss. lOo! 89
BchiiylklU Nav.—
Limaicn Pru,.Massl00i lilS
121
Cuinbcrl'd CoalAI.lOO
l8t Jl.,(i8, 18<)7.q-.M 105
13712'! Readwood Miulug
Lawrence, M.iss. .lOOi 137
88
2d M.,ti8, 1907..J&J
Lowell
100 145 155 IIExcels'r W.AM.Co.IOO
50
Moit. 08, cp..'i».T.IAJ
40
Ljnm, Mass.,G. L..100
64
06 llGeorgc'sCr'kC'KMd
68,lmi).,cp.,'S0.M&S
.tfald.A Melrose. ..100
96
Homestakc Min'g.lOO
95
6s,l>tA(ar.l01.iMAN
bo'
SewtonA Wat'n ..100 128 128
La Plata .Mining AS 10
7B,litAcar,l '(iri.MAN
71
Salem, Mass.,
100 105 I0512! Little Pittsburg.
Siisqiitbanna—
Brooklyn, L. 1
120
1/icust Mt. Coal . . ..50
25 115
69, coup., mis. JAJ
Citizens', Brooklyn. 20
.50
Marip'sa L.&M.CallOO
48
7», cipuii.. 1902.. JAJ
Metropolitan, B'klvn.
65
60
do
pref- 100
tJnlou,lstO«.'83.MAN
.Vassau, Brooklyn .'.25
60
Maryland Coal
100
People's, Brooklyn. 10
37
Montauk Gas Coal. 100
35
STOCKS.
Williamsb'g, B'klyu 50
New Central Coal
60
65
Cbesiiiicaki' A Del. ..50' *5
New Creek Coal
19
Pel. A Hu(l.fi)n....l00' IOS'b 100'4 Charlest'n,8.C.,Oas.2.5
10
Chicago G.A Coke. 100 180
185
N.Y. A Middle Coal. 25
Del. Div. loased, 8. .,50,
47
48
Lebl^li Navii;ation..50i '}455i 45^8 iCincinnati G. A Coke
N.Y.A.'itrails.C.AI.lOO
31
Hartford, Ct., O. L..25 "is
Ontario Sil. Min'p. 100
MorriB. friiar.,4
lOOl 5
Jersey C.A Ho'.>ok'u 20 145
155
Pennsylvania Coal.50
do pf.,j,nmi.l0..100 ;..
People's, Jersey 0.
Pilot Knob I. (St.L)lOO
90
80
Pennsylvaiiia
oOl'SLomsvllle
126
G.
L
I'io
CJuicksilver
Bobuytkill Nav
Min'g.lOO
50
Mobile Gas A Coke.do
do
pref
do pref.50 ;i4»s

Baaquobaana

1-30
-26

Tl»0Fiidll<i',(Mas.s.)10(K)

iCOAL &

STOCKS,

CiAS

IdO 1-90

10<1

Conaol. Iuii>eiial
100
IConsol. North Sloi*...
Consul. Pacific... 100
Coiisol. Virginia. ..100

I

aar,

lOii

100 266
100 415

•1

lOo

Climax

I

136"

2-60

I

H

Clirysollte
Cliollur

HO

[TroyC. AW. (F.K.I 5(M
Union C.sn. (F.R.) 100! 200
lUuion Mfg.(Mil.i
;W.inipannag(F.R.)10u 1^0
lWa8hingfn(Mas9.)100l 97
Weed Sew. .M'e (Ct.)25l 16
iWeetamoe (F. R.)100! HO
89
iWillim'tic Linen(Ct)2.5|
jYork Co. (.Ml)
7.501 1'235

148
175
60
245

Union

Calavorne
Caledonia B.
Caliromla

vFs 200

100
100

Bulwer

5S0

StafTord (Fall Riv.) 100
Stark Mllls(.V. 11. llOOOl 1315
Tecuinseh (F.R,). 100! 130

131
80

Real Estate Trust.
United States

(Fall Riv.). lOOt

Siade (Fall Riv).. 1(K»

STOCKS.

Li-bigh Navltfntiou—

RB.

46°g

1000X2000

Aek.

Bid.

50

Biildimilngo
Bullion

|Pepperoll(Mc.)....500 1115
Rich. Bord'n(F.R) KKll 98
Robeson (F. Riv.) 1000,102.5
4608 Sagamore (F. Riv.) 100 145
l6almonFalls(N.II.)300 x400
60
Sandw.Olass(Ma8S.)8o! 58

100
25

Inicruailou'lOo'n.ICO
.Mexican
100
Southern A Atlantic 25
West. Union cc-c^er 100
THIJSr CO.'jt

68...MiN

iiiurt., <;h..

Pacltlc (.Mass.)...

A

7H.M&S 128

ivx.

United States

100 137 138
100
82
83
70
72
100
Wells, Karifo A Co.lOO I3OI4 139

MlDCKLLANKOUB.

Bid.

MlSCRI.LANEOi;*.

American

Prniiklln
(Sold
Stock

120
120

Pace of Qnotatloaa.

PIrat

Naninkeag (Masa.llOO xl20
N. E. Glass (Ma88.)375|
76
Newmarket.
ix525

!An}crlcan District. 100
Am.ricau Union ..100
Atlonfie A Paeltlc. 2.5

lluilson—

1801

7».

65

JAJ

1878

6i!,

Ask,

Bid.

TKLlUiUAPII
STOCKS.

Ohio

1870

0»,

Head of

lAdania
I

Uulawuro-

C!l€«ft|M^:iko Ac

Notes at

EXPRESS ST'CKS

CANAL BONDS.

Albemarle A

Ilea

I'lOliUuion
•OO'iWratern

Qi >tatton par aliore.

75
20

109
821*

28

83%

THE (JHKONICLE.

22

Juwestweuts
1.ND

STATE, CITS AND COBPOEATION FINANCES.
th^
The IifVBOTOBs' SupPLBMBNT contaiM a complete exhibit of
Bonds
and
Stocks
the
and
OUie»
of
and
landed Debt of States
It is published on the last
other Cjmpanies.
February, April, June,
viz.,
month—
other
every
Saturday of
extra
August, October and December, aad is furnished without
copies
charge to aU regular subscribers of the Cheosiclb. Single

of Railroads

and

gross toll realized per car was $4 25, an increase of
per car over last year's average.

ANNUAL REPORTS.
Louis Bridge Company

& Tannel

XXXIU.

trolled by the St. Louis roads, and hence our statistics show
only 24,136 through cars out of the total number of 140,128—
the balance having been handled locally at our depots. The
total amount of through tonnage is, of course, larger, because
much freight, especially package merchandise, is billed to St.
Louis, handled at our depot, and by us rebilled again to points
beyond; but for purposes of statistics that kind of freight can
only be classed as local. Much of the through freight, especially grain, had to be carried at reduced rates, averaging one
cent per hundred pounds; but, nevertheless, the average

are sold at f 2 per copy.

St.

[Vol.

K. R. of St. Louis.

29^

cents

Income Account 1880-'81.
St. Louis Bridge Co.
Five-sixths of $312,333; tliis being tile total amount
of all net earnings lnl880-'81
Interest on money deposited in New York

$260,277
3,183
$263,461

Deduct.
Six months' Interest, to April 1, 1831, on 3,945 1st

(For the fiscal year ending March 31, 1881.)
$138,075
mortgage bonds
1,380— 139,455
In the annual report just issued, Mr. Solon Humphreys, the Commission en same.
President, says nothing of the recent reported transfer of the
$124,005
for the year 1880-'81
income
Net
Missouri
control of this property to the WabaA and the
189,672
Add amount to credit on March 31, 1880.
He remarks: "Since my last report the comPacific.
of
income
account
on
credit
to
final
amount
their
Total
mittee of reorganization in London have settled
March 31, 1881 (for net earnings from March
accounts with Messrs. J. S. Morgan & Co., and other credi$313,677
IV, 1879, to March 31, 1881)
tors whose debts had to be assumed under the purchase.
Timtiel Railroad of St. Louis.
receiver's
against
originally
Messrs. J. S. Morgan & Co.'s debt,
Amount to credit of income account on March 31,
certificates, was reduced by payments out of earnings to |270,$43,589
1830
according
bonds,
mortgage
in
first
discharged,
was
One-sixth of $312,333; this being the total amount
633, which
$52,055
all net earnings in 1880-31
of
expenses
other
agreement.
The
bondholders'
terms
of
the
to the
55252,608
Interest on money deposited in New York
of the reorganization on both sides have been covered by the
$06,197
gale of $144,000 bonds, leaving $226,500 available for capital
Deduct.
purposes, as follows
April 15, 1880— 212 per cent on
$5,000,000 Dividend No. 2—
Amount of mortgage
$31,250
stock
,2,50,000
$1
$3,945,000
B«»erveil agalDst old flrst mortgage
Dividend No. 3— October 15, 1880— 2^8 per cent on
414,000
Beserved against funded coupons
31.250
stock
$1,250,000
270,500
Psjmieut of J. 8. Morgan & Co.'s del>t
625 — $63,125
Commissions on same
144,000
Keorganlzutiou expenses
Total amount to credit of income account on
March
31, 1381 (for net earnings from Feb. 1,
$4,773,500
$33,072
1879, to March 31, 1831.)
226,500
Balance

—

GENERAL INVESTMENT NEWS.

$5,000,000

" The balance will be, and partly already has been, availed
of to take up and pay all outstanding indebtedness for the
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
ment in a suflScient way to transact the business in a satisfactory the counties of Hamilton, Warren, Essex, Franklin, St. Lawand economic manner."
rence, Herkimer and Saratoga.
90MPARATIVE STATEMENT OF EARNIKG8 AND EXPENSES FOR EACH OF
Alabama New Orleans Texas & Pacific Junction. In
THE THREE YEARS ENDDJG ON MARCH 31, 1879, 1880 AND 1881.
London there were offered debentures, £1,000,000; preferred or
Earnings.
"A" shares, f 1,500,000; total, £2,500,000 (the preferred shares
1881.
1879.
1880.
being entitled to preference in capital, and a cumulative prefTolls upper roadway
$155,305
$163,511
$191,789 erential dividend of 6 per cent over the "B" shares); and
Tolls lower roadw'y and tunnel. 642,544
731,621
885,999
Bwitch'g and other tcnn'l items
25,761
48.809 £2,500,000 deferred, or "B" shares. Each subscriber for the
33,807
Pool deficiencies
1,652
4,305
5,779 preferred or "A" shares will receive one deferred or "B" share
BenU
3,039
2,564
6,249 for each preferred share allotted. The prospectus says:
" The Alabama Great Southern Railroad has always been
Total receipts
$828,303
$935,810
$1,138,627
regarded, from its geographical position, as the most importExpenses.
ant link in the great through line which must eventually conTear end*g
Tear end'g
Tear end'g
the shortest route, the Atlantic cities of the United
Operafgexpetmca and taxes— llch. 31, '79.
lleh.3l,'80. Mch.31,'81. nect, by
Upper roadway
$44,262
$38,863
$45,756 States, not only with New Orleans in the Gulf of Mexico, but
Lower roadway and tunnel
372,253
374,350
489,076 also with the trans-Mississippi system of railroads which form
Other expenses —
the Southern Pacific railway route." This company has been
Railway rentals
157,549
102,529
119,216
Pool deUcienciea
17,244
31,902
68,956 formed to effect these objects by acquiring the possession of,
Interest, &c
19,851
5,749
8.338 or control over, the following railways:

—

—

Oonitmction, equipment,

<J(C

Total expenses

$566,899

28,435

140,706

$542,972

$826,293

ABSTRACT OF ABOVE TABLE, SHOWING THE PERCENTAGES OF EXPENSES
TO OBOSS EARNINGS FOR EACH TEAR.
.— Fbr year ending r-For year ending ^For year ending
Meh. 31, '79.-^
3£ch. 31, 'SO.-.
Mch.'Sl,'^!.-,
Amis. Percent.
Amis. Percent. Amis. Percent.
Tot. gross earn 's. $828,303
$935,810
$1,138,627
TotAl operating
cxpa. and taxes. 372,253

44'94

Net earnings .$456,050
lIonK)per'g cxps.,
new eonstruc'n

& equipment

. .

Net eam'gs

In

cxceas of

cxpenaea

194,645

374,336 40-00

$561,453

.

23-50

168,616

489,076

42-95

$649,550
18 02

337,217

29-62

(II.)
(a)

Vicksburg Shreveport & Paciflc, 189 miles long
20 miles from the Texas Statelinc(torniiuusof the Texas Pacific),
:

to Shreveport, already in operation, and leased to the Texas
Paciflc till January 1, 1885;
(b) 96 miles Shreveport to Monroe, which have to be eonstructed;
(e) 73 miles, Moui-oe to Delta (opposite Vicksburg) on the Mississippi. Already In operation, but gauge to be changed from 5
feet 6 inches to the standard gauge of 4 feet 8'3 inones.

This line h.as a land grant of 400,000 acres.
(III./ Vicksburg & Meridian, 140 miUs in length, in operation, but requiring some outlay for improvements, for which the Vicksburg
Mei-idian Company has available iresources which are believed to toe

A

sufficient.

$392,837

The cash resources of

this
(as required)
Preferred shares now issued

$312,333

Bebentures

PRO0RE8SI0N OP EARNINGS AND TRAFFIC.

Orou

Net

Mrninas.
$287,527
448,446
655,054
690,604
800,889

Loaded

___.
1876
1876
1877
1878
1879

earnings.

freight cars.

None'

1880
1881

1,138,627

16,361
45,027
79,782
81,227
105.129
121,203
140,128

89.'i,697

tion of this line.

Total 189 miles.

all

$261,104

(I.) New Orleans & Northeastern (Meridian to New Orleans), ahont
in length, the whole of wliich has to be constructed. Steps
are being taken to secure aland grant in connection with the construc-

200 miles

$164,335
219,777
219.598
261,404
392,837
453,039

Passetigers.

Noue.
496.886
604,483
6«7,294
719,178
1,014.97(1

1,083,892

The report states that the total number of loaded paying
.which crowed the bridge during the year wm
f^„?Si '^"
1«,128. an increwe of 18,925 over the corresponding period
or last year.
The same competing elements to which at^ntlon was dir<»ct«d in the last annual report were in force
during this fiscal year, to prevent our carrying an amount
of
tbrongh freight proportionate to the amount which is oon-

company

will

be

:

*1,000,000
1,500,000
£2,500,000

Or say
$12,500,000
total amount required for the purchase of the Interesta
in the several lines, and to provide the estimated outlay
on them is about
11,500,000

The

Surplus

$1,000,000
entire
system, when completed, will be sufficient to provide for the
interest on the debentures and the dividend on the preferred
shares, and leave a surplus. Messrs. Emile Erlanger & C«.
make over to this company the benefit of the interests acquired by them in the three above-mentioned lines in consideration of the re-payment of their actual outlay, and of the
deferred shares (issued credited as fully paid up), out of which
they will make over to the subscribers for the preferred shares

Net earnings of $2,000 per mile per annum on the

JULT

2,

THE CHRONICLE.

1881.1

of each prefurred Hhare allotted, thus
and tho parti»!i associated with them,
two-flfths of Much shares as the coasideratioa to be received^b/
them bi^yond re-payment of thalr aotaal outlay.

onn d«ferred

in raspeot

retainini^ for tliemselvas,

AtchiHon Topuka & Santi Fo— Sonthern Pacific— The
Boston Traiisrript Tt^^Tta: " The settlement of the Atnhlson
Topoka & Santa Fe Railroad Corapanv with the Southern PaeiHu
ia Tt>ry important, and covers thu folfowinsf points
" First— The Atchison shall lye the Southern Pacific line
from Dt>miujf to Benson, Arizona, and thence build south to a
connection with the Southern Pacific.
"Sec )nd— 'I'he Southern Pacific shall have 51 per cent of the
throngh-rate traffli; (it at one time demanded (J7 per cent).
"Nothin/? was said about the Atchison's building to San
:

Francisco."

Boston Water Powor.- A special meeting of the stockholders of the Boston Water Power Company was held in Boston to consider the immediate pecuniary wants of the company
and provide therefor by an increase of proprietary shares, or
otherwise. The Boston Tranaaript reports
" The President, Jarvis D. Braraan. called the meeting to order
soon after 11 o'clock, and, after reading the call and a communication from the counsel of the trustees, explained the reason
:

for bringing the stockholders together. In 1871 1,700,000 feet
of land were sold to the Huntington Avenue Associates at $1
per foot. The city had previously selected a tract of 34,000
feet of this land for educational putposes, which it claimed the
right to take at 50 cents a foot. The Water Power Company,
however, guaranteed to protect the Huntington Avenue Associates against the city's claim.
In 1873 the Huntington Avenue
trustees brought suit against the Water Power Company, laying an attachment for $75,000 upon its property. The trustees
now offer to deed back the land for $1 25 a foot and remove its
attachment. The meeting passed the following vote 58,950
shares voting all in the affirmative
To increase the number
of proprietary shares, which are now 85,833, by adding one
share for every ten shares now outstanding, to be offered to
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
case any stockholder fail to take and pay to the Treasurer of
the company $10 per share for his pro rata amount of stock on
or before the 27th day of July, 1881, the directors of the company shall by this vote be authorized to dispose of such proprietary shares at not less than $10 per share to any parties
snbseribing therefor and paying for the same to the Treasurer

—

—

:

of the company."

Central of

23

twenty locomotives, the buiTding of a transfer-house at ea«ii
iunction, a round-house for the engines, &c." * • * " It now
if Chicago is sure to have three belt roads instead of
one one headea by George Dunlap, another under the management of Mr. Weston, which claims to have the backing of a syndicate of New York bankers to the amount of $10,000,000, and
still another which the Western Indiana Company is now conlooks as

—

structing."

Des Moines & Fori Dodge.— At the annual meeting of the
stockholders of the Des Moines & Port Dodge Railroad, Chas.
E. Whitehead, David E. Green and W. R. Sands were re-elected
directors. A mortgage of $10,000 per mile was approved on
the thirty-mile extension on the road northwest from Fort
Dodge.
Hartford

& Connecticut Western.- At Hartford, June 30,
the bondholders of the Connecticut Western Railroad held a
meeting to take action toward completing a new organization
under tie charter passed by the L'3gLslature authorizing organization as the Hartford & Connecticut Western Railroad
Company, and converting the bonds into stock. James G. Batterson was chosen Chairman. Resolutions were presented providing for organization on a capital of $1,920,000 and rora
board of thirteen directors, which were passed substantially as
presented.
The following gentlemen were elected directors: C. T.
Hiliyer, T. M. Allyn, L. B. Merriam, John F. Jones and H. J.
Barbour, of Hartford; W. L. Gilbert and George Dudley,
of Winsted; Frederick Miles, William H. Barnum and Alexander H. Holiey, of Salisbury; .Joseph Foy, of Simsbnry; Lyman
Dunning, of East Canaan ; B. T. Butler, of New York.
The resolutions passed provide for the scaling down of the
bonds and the issue of $600 in stock for $1,000 in bonds, and
$300 in stock for each $500 bond.

—

Lake and Canal Hates in May.—The Buffalo Commercial
Advertiser says

"Although the navigation season of 1881 was very late in
opening, and although the accumulations of grain and other
freight at the West were large, the demand for lake and canal
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
in May, 1880, as will be seen from the following statement,
showing the average rate by lake on wheat and corn from Chicago to Buffalo, and the average on the same cereals from
Buffalo to New York, by canal, for the month of May in the
years named:
Lakece
Canal
.

New Jersey— Pennsylvania. —A

special dispatch

from Philadelphia says " The contract for the use of the
Philadelphia & Erie, Allegheny Valley and New Jersey Central
roads by the Waba.sh line has been agreed to, the Pennsylvania
Railroad officials having been notified that the terms drawn np
by them are acceptable to all the interests. The papers are
prepared, and only await the signatures of Wabash and New
Jersey Central officers."
:

Chicago & Atlantic— An issue of $6,500,000 six per cent
mortgage gold bonds on this road is now offered by Messrs.
Kuhn, Loeb & Co., at 102J^. The prospectus states that " the
line of the Chicago & Atlantic Railway, now in course of conBtmction, has a length of 257 miles, extending from Marion,
Ohio, to Chicago, entrance into and superior terminal facilities
at Chicago having been alreadj^ secured by a contract with the
Chicago & Western Indiana Railroad Company, which contract
is mortgaged to the bondholders, together with all the property
of the Chicago & Atlantic Railway Company, including its full
equipment.
This road is being constructed as a trunk line.
first

Tinder the supervision of Hugh J. Jewett, President New York
Lake Erie & Western Railroad Company, and for the expre.ss
purpose of securing an independent Western outlet to the Erie
system, which heretofore has been dependent for its Western
traffic upon the other lines running into Chicago from the East,
controlled by rival corporations. The New York Lake Erie &
Western Railroad reaches the Chicago & Atlantic Railway
(which for its entire distance runs parallel with and about 18
miles south of the Pittsburg Fort Wayne & Chicago Railroad)
over the New York Penn-sylvania & Ohio Railroad from Salamanca to Marion, and the three companies have made a perpetual pro-rating contract, while the control of the Chicago &
Atlantic Company has been secured for an extended perio3 by
the New York Lake Erie & Western Railroad Ccjmpany. The
latter agrees to provide all funds to

complete the Chicago

&

Atlantic Railway required, over and above the proceeds of the
present Issue of bonds and the subscriptions to its capital stock,
and tte New York Lake Erie & Western Railroad Company
further guarantees to the trustee of the bondholders the interest upon the bonds until the road is completed.
The interest is
further secured by a pledge to the trustees of gross earnings of
both the New York Lake Erie & Western Railroad and the New

Tear.

1881
1880
1879
1878
1877
1876
1875
1874
1873
1872

,

>

.

Wheat.

Corn.

Wheat.

Corn,

Cents.
4-7

Cents.
4-2
4-3
2-8
2-2
2-9
2-7
3-7

Cents.

Cents.
4-8
5-5
4-2
5-2

5-0

31
2-5
3 5

30
3-9
4-5
7-4

80

5-3

60
4-7
5-8
5-8
6-7
7-4

4

117

6-5
7-4

11-8
12-8

60
60
5-8

10-8
10-6
11-8

"May opened with the rate on wheat by lake at five cents.
During the first half of the month an advance of half a cent
was secured, but was soon lost, and bv the 21st of the month
shipments were made as low as 4?4 cents. A more active
demand later, however, imparted considerable strength to the
market, and the month closed with shippers paying five cents
on wheat. By canal, the season opened with the freight on
wheat at six cents, and the month closed with the rate at five
cents, the lowest figures for the month.
What is needed to
start grain for the seaboard in greater quantities is a more
active foreign demand."
Long Island Railroad.—At a meeting of the stockholders
of the Long Island Railroad Company, June 27, authority was
given to the directors to increase the capital stock of the company from about $3,200,000 to $10,000,000. It is reported to be
the purpose of the movement to sell sufficient stock to retire
the Receiver's indebtedness, about $1,000,000 and the second
mortgage bonds, of which about $1,000,000 are outstanding,
and to take the company from the Receiver's hands. Nothing
has been decided at present beyond granting the directors discretionary power to increase the share capital.
Louisiana State Bonds. A circular issued from the Bank
of New York, National Banking Association, to holders of the

—

7 per cent consol bonds of the State of Louisiana says:
" The coupon from the consol.|bon(I of the Stnte of Loiiisinna, due Jan.
1, 1880 (under terms of the debt ordinance adopted by the people ot
the State) is remitted to the State, and any interest taxes collected to
meet said coupon are transferred to defray the expenses of the State
Goveruiiient. The delit ordinance is held to he unoonBtitutii<nal and salt
has been brought (by bondholders) agaiust the offlcers of the State to
reeover the moneys to tlit^ credit of tlie interest fund to meet the coupon
due January 1, 1880, and also to test the validity of the bond. The recent decision of the Supreme Court of Louisiana in awarding a mandamus to exchange or stamp bonds of 1871, under law of 1880, without
coupon due January 1, 1880, attached, is strong in favor of the views
taken by counsel engaged in prosecuting suits brought against the
oflicers of the State l>y the Committee of Bondholders in the interest of
holders of the 7 per out consol. bond who have entered their bonds in
said suit or suits. It holds that the courts have Jurisdiction to control
the oflicers in respect to duties of precisely the same character to enforce

York Pennsylvania & Ohio Railroad on all traffic going to and
eomin^ from the Chicago & Atlantic Railway Company, making this interest a first charge not only upon the net earnings
of the latter road alone, but also upon the gross revenue re5**J«dout of business for and from all points on the New York which
we are litigating.
liMe Erie & Western Railroad and the New York Pennsylvania
" Holders who are desirous of having their rights vindicated can enter
* Ohio Railroad between .Marion, Ohio, and the city of New their bonds in suit by deiiositlngwith this bank' the sum of $3 for 91,000
xork. The entire annual interest upon this issue of bonds bond for defraying expenses in this litigation and other proceedings
that may be brought against the officers of the State.
amounts to $390,000."
" CuABLKS M, Fkt, Preeldent."
Chicago Belt & Transfer Company.— The Chicago Tribune
LonisTille New Albany k Chicago.—The stockholders meet
Mys " The Belt road organization, head-'d by George L. July
10 to ratify the consolidation with the Indianapolis Delphi
Donlap, is reported to have just made a, contract with P. B. & Cfhicago Railroad. The
terms of consolidation are share for
Bhumway for the construction of the road, the purchase of share $2,000,000 of stock will (be
issueti by the new company
:

;

THE CHRONICLE

24

equivto thoroughly eaaip the road. Of this amount, $450,000,
alent to a 15 per'cent scrip dividend, will be given to the LouisTille New Albany & Chicago stockholders.

Metropolitan— New York— Manhattan Elerated.—So

Kail way Company.
Ordered, That the prellminarj- injunction made herein upon the 10th
tUiy of .Iimc, 18S1. he modiflert by vacating the provisions of said order,
•which rcKtrriincd tlie cnilectiou and pajiiient of the tax specially assessed
in the year 1 8S0 upon the capital stock or personal prr-pcrty of the Maniiatlau Railway Company, the principal of which t.ix amouuts, as stated in
Hiid bill, to $171,850, unless on or before June 30, 1881, the said Maubn't.'Hi Kailway Comjiany shall give a bond in such form and with sucli
sureties as shall be approved by this Court, Kuaranteeing the responsithe payment of the
liilitv of the Manhattan Railway Company for
sald'tax in the event that the bill of complaint herein shall not be sustained as to said tax, ami to the extent that the same shall not be suetaiucd, and Euarauieciug 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 flnallv adjud«cd invalid or unless said Manhattan Railway Company shall pay into Court or some trust company, to be approved by
this Court, the amount of said tax in the event and to the extent that
tic same shall be sustained or unless the Metropolitan Elevated Railway Company and the New York Elevated Railroad Company shall
cuter into bonds in form to be approved by this Court, legally guar.-mteeiug the responsibility of the Manhattan Railway Company therefor.
;

;

<Mich to the amonnt of one-half of said tax, and that the said order
in the rc.speet3 inwhich it is not so modiUed and as so modifled.

etand

The hearing on the motion for a permanent injunction in
Tiew 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 payment of any of the profits or income of the Metropolitan Company to its stockholders. An order was obtained restraining
either of the companies from paying a dividend to the stockholders of the Metropolitan Company. This order is made returnable July 6, and is obtained on a motion for an injunction.
The prelinary injunction was served on the Manhattan directors.
The U'brfd reports: A gentleman who, while not in the Manhattan directory, is interested and knows all that is done, said:

—

" I am at liberty, I think, to tell a little.
rectors had within reach yesterday money
interest on the bonded debt and dividends

The Manhattan dienough to pay the
on the stock and

XXX m.

Silt Canxnti^rcial jinxes.
<^'

EFITOMK.

<JUAl.vihRUlAL

far as

yet appears, the dividends due from the Manhattan Co. in July
on the two elevated railroad stocks wiH 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.
JDavid Dudley Field, an order was issued by Judge Blatchford
modifying the preliminary injunction granted June 10 in the
suit of Robert M. Fairbaiin and Francis E. Skelding, to restrain
the city of New York from collecting taxes from the Manhattan

[Vol.

Feibat Night, July

The approach

1, 1881.
of the national holiday usually limits trans-

actions in merchandise to the most

urgent necessities, and

deprives the markets of mucl* of the significance which generBusiness is consequently slow, and
ally pertains to them.
prices for many staples are more or less nominal. There is,
however, a confident feeling in mercantile circles, and a brisk

movement is anticipated at an early day. The Produce Exohanee adjourned this evening to Tuesday morning.
Provisions have latterly shown an improvement, which has
been 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%@9e. for long
clear. Lard was again higher and firm, with prime Western on
thespot sold at 11'67/^c., closing at ll'70c.; July options, 1167^
@ll-70c., closing at 11750.; August, ll-60@ll-65c.; September,
ll-30@ll-35c.; October, ll-20©ll-25e.; November, lO'SOc; seller
year, lD"50c.; refined to the Continent, ll-70c. Tallow firm at
Stearine has been forced up to 17Mc. on a
6Mc. for prime.
" short" interest, but at the close 14c. was the quoted price.

9@9Mc

Butter steady, but cheese lower at

for

good

to choice

State factory.

Rio coffee has been very quiet at the quotations of last
week; mild grides have sold rather slo-jvly at unchanged quotations Maracaibo haSj been an exception to the general dulness, the sales within a week aggregating 6,000 bags. Rice has
been in fair demand and steady. Tea has brought steady prices
both at the auctions and on the street. Spices have been more
active, especially pepper, which has also advanced materially, Singapore now being quoted at 17Me.
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 beginning to be felt, though there is no quotable change in prices
;

;

in the absence of transactions.

Still,

the tone

now

is

depressed,

;

they would have been paid when due but for the interposition and to effect sales of any magnitude a decided concession would
of the Weller injunction. It is returnable on the 6th, and be necessary. The nominal quotations for fair to good refining
eventually I think matters will come out all right if we are left remain at 7%@8c.
alone."

Bhds.

Boxes.

Bags.

Metado.

Mr. Field, of the N. T. Elevated, issued a call for a special Receipts in June
84. .5117
1.1!47
167,612
1,360
47,647
1,206
136,376
1,353
meeting of the directors of that company to be held on Friday. Sales in June
And it was reported that in case of default in dividends, in
Refined sugar has been quiet of late, and was lower, at 10%e.
whole or in part, by the Manhattan Company, suit will be in- for powdered,
crushed and cut loaf, lOl^c. for granulated and
stantly begun to regain possession 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 adfeited by the failure to pay, the taxes, a clause of the lease pro- vance of %<i. in hard grades.
Tiding that if the Manhattan Company is in default for a period
Kentucky tobacco etill 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 thereby annulled.
125 for home consumption. Prices are withcut important variMlgsonrl PacltJc in Nebraska.— In Omaha, Nebraska, June
ation; lugs at 4^@6c andleafat6^@12c. Seed leaf continues to
™!''t'°^ °* *"® stockholders of the Missouri Pacific RailThe following directors were
elected Jay Gould and Russell Sage, of New York A
A Tal;
mage, r. 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.
•

?

road of Nebraska was held.
:

West Shore &Buffalo.-The
^J^T/^rS
reports:
For the New York West

Boston Iranseript
Shore & BuflFalo Railrold
a subscnption was oflfered to private individuals last week, and the whole amonnt
(|15.000,000) was taken
at once. Seven millions additional
have since been offered to
the company but It has not decided
to accept such a sum.
*jfli tlie cash in han5 and the other
L.ll.wf^Pi^''"- \'^^'''^"
^"^^^^ ^° aggregate amount of over
1?^
nnn^n r'^TP
M-"^"'
for building
f 35,000,000
this trunk Ime! The bonds bear
5 per
*/« '*'^«° ''t P'^'-; ten P" cent is plyabfe
5nW
?^%T'
*i
Julyl._ The work of construction is troin^ for««rH
going forward
the rights of way betweTnFew'York-?-"^'"'"'""'* "''^'^^^''
"r" '"'k and^yracuseare substanlioiu.VKi.:- J "
'°"'"°°
*
^ ^""^ "P°° f°^e^e" ^ greater
•
dfa/ince ••
'

Company s bonds

L^X.

jW; —

—The New York Herald said "To
:

trmThlv.l
Ite^'jb
($fo

ded

fi,^t

the loin of

«!if;

nnn

nm

^>,^^^-t Stor^ & Butfa"lolailroaTorr
""'i'''' '^i'^*'

*7.000,000

had

to be exclu-

°°e thousand dollar bond

'*?,?
«lf^,^n.,PV°°/?,
wrfifs wi?h
carries
if S'oOO
with it
in stock of the West
Shore.
has now 134,500,000 for building
the road

The company

from Hoboken to
^"^e^'^oeffer. ViUard. Pullman and

ilorteicla?™ .lit /n"."'^"'""? ''?°^S."*'"'e "'"'mum estimate of oneftfnHh .i,i^
S'
"^ ^^^ ^^'^ '^"'^ Central, the new r^ad wfll
frim the
th. L^r?
««m from
start seven per cent on
its stock."

^

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, Pennsylvania assorted, at from 16@22^c. ; 400 cases 1880 crop, Wisconsin 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.

Naval stores have

@$1

latterly

18.

been quiet, but rosins have ruled

$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 78Mc.
firm at

Ingot copper shows a further decline, and closed at 16>^e.
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. Today grain was taken to Liverpool by steamer at 4d.; bacon,
l-s. Od.; cheese, 20s
cotton, ll-64@3-16d.; flour, 10@lls. 3d.;
;
grain to London by steam,
5@5>^@5Md.; bacon, 20s., and
cheese, 25s.; grain to Hull Dv steam,
5^i@5)2d.; do. to Cork
tor orders, 43. 7?6d. per quarter
;
refined petroleum to Trieste,
4s.; naphtha to Bremen, 3s.
9d.; grain to east coast of Ireland.

bid.

Tad

to SablesT,„V'^^*"'^'*''5''-1^<^-;
d'Olorme, 4s.

naphtha from Philadelphia

JVLJ

THE CHRONICLE.

8, 1881.J

COTTON.
Friday, P. M.. JqIj- 1. 1881.
Thr Movrmrtt ok the Crop, as iiidiiMt«d by our teleKraras
from the South to-night, i.s (fivfn below. For the week ending
thia evening (Jnly 1), the total receipts have reaahed 20,662
bales, against 23,476 bales last week, 28,213 bales the previous
week and 39,432 baleH three weeks since; making tne total
receipts since the Ist of September. 1880. 5,684,683 bales, against
4 842 134 bales for the same period of 187n-80, showing an increase
since September
Receipts

at—

Inilinnola,

rue*.

iton.

Fri.

TKiiri.

Weil.

1,011

1,883

865

•262

1,263

223
32
590

6^

190

14

52

29

183

161

OalveHton

New

1880. of 842..^40 bale.s.

1,

Sal.

817

.

551

306

21ii

i.<cc.

Orleans...

Mobile
Florida

Savannah

Total.

2,310

538

32
5,909

596

179

123

215

33

310

1.156

202

91

14:

105

117

204

956

Bntnsw'k, &c.

C JarlMton

2.>

In additioa to above exporti, "ur telegrams to-night also inve
OS the following amoants of cotton on iinipboard, not ci'tarei. at
the ports named. We add similar figures for New York, which
are prepared for our special use by Messrs. Carey, Yale &
Lambert, 60 Beaver Street.

On Shipboard,
Jolt

areat

93

Wilmington....

230

2
63
303

28
70
737

81

not cleared—for

Other
Frajtee.
Foreign

Britain.

tTew Orleans
Mobile
Unarleston

19,311
3,100

320

Savannah

2,100
4,333
3,000
2,500

Balveston

New York
Other ports
Total

Coast-

atoek.

Total.

Kite.

7.900
None.
None.
None.

2,471
None.
None.
Non«.

621
None.
125

1.814
-None.

85
lOO

None;
None.

None.

1,000

800

_4.0JJ

6.207
22,050
145.699
36,511

9,714

3,959

1.919

50,822

303.221

31,070

30,309
3,100
115
2,800
6,268

700

.

•3.900

82,798
6.345
3,.58l

Included In this amount there are 500 bales at pre-ssus for foreign
ports the destination of which we cannot learn.
*

The speculation

market has been quite feverweek under review, and prices have been

in futures at this

ish in tone during the

Pt. Royal, &c.

'

Learita

at—

1,

'

On

quite variable.

Saturday, the Chronicle'.s report of acreage

133
3,316

and condition for the growing crop cau.sed depression. On Mon290
013
916
507
Norfolk
day there was a vigorous movement for a rise, which carried up
1,201
1,201
CKy Point, &o.
11
371 prices. It had its origin at New Orleans, where the advance wast
212
119
New York
19
671
221
139
1,960 more decided and the speculation more excited than with u.*.
567
253
Boston
150
111
100
211
300
500
1,378 Still, some who were short of the market showed much uneasiBaltimore
912 ness, and made haste to cover their contracts. On Tuesday, the
35
135
90
235
360
97
Phlladelp'a, <fco.
opening was buoyant and the top prices for the active months
3,868 4,.S78 3.036 2.519 3.439 3,10. 20.062 were 9@12 points above the closing bids on Saturday. But as
Totals this week
For comparison, we give the foUowmi? table showing the week's New Orleans did not sustain her own movement, our market
On Wednesday the course of prices turned on the
total receipts, the total since Sept. 1, 1880, and the stocks to-night closed lower.
and the same items for the corrasponding periods of last year.
final deliveries for June ana the notices for delivery on July
contracts. These two months declined, but July recovered whea
Stock.
1380-81.
1879-80.
it was learned that the notices did not come upon the market
Reeeipts to
ThU Since Sep. Thia Since Sep.
freely, but, in the language of the floor, were " stopped," and
J«/» 1.
1881.
1880.
Week.
Week. 1, 1379.
the next crop was strengthened by reports of drought in Texas.
1, 1880.
MoreU'd C.,4c

1,053
161,375 28.318
12
7,732
4,315 1,472,022 113,10T
392 331,370
9,445

2,310 658,739
32
15,210
5,909 1,534,835
538 331,003
20,339
1,456 859,094
4,355
....
956 616,103
49,972
230 117,107
30,335
133
3,316 703.218
210,231
1,201
371
170,101
170.866
1,860
49,187
1,378
73,302
912

Oulveston
Indianola, Jco..

New Orleans
Mobile
Florida....

Savannah
Brunswick, dec.
Charleston
Port Royal, 4c.
Wilmington

M'hcad City,&c
Norfolk..
City Point, &c.

New York
Boston
Baltimore
Philiidelphia, &c.

878

716
31
16
1,825
198
2.701
4,315

270
209

3,631
113,003
30,622
76,024
26,952
570,691
153.819

76,599
6,676
6,393

4,026

2,371

To-day the market was quiet and steady, at 11 I-I60. for middling uplands. The Cotton Exchange this evening adjourned to

1,103

1,037

Wednesday morning.
The total sales for forward

10,252

14,031

;

49

bales.

210,577 149,599 121,410
221,517 10,340 11,537
17,623
f.,773
5,213
48,633
7.911 12,533

In or Jar that comparison may be made with other years,
give baiow the totafa at leading potts for sii seasons.
Receipts

at—

1831.

Galvcsi'n.<5:c.

Xow

Orleans.

Mobile

Savannah

1880.

2,312
5,909

1,065
4,315

538

392
878

1,456

956
363

74i;

AU others....

4,547
4,531

2,023
7,338

TotthUw'k.

20,662

17,057

Charl'st'n, .tc

Wilm'gfn, &c
Norfolk, 4o..

Since Sept.

1879.

1878.

we

1876.

L377.

722

231

342

1,007

1,293

1,117

2,973

618

120
936
901

550
828
390

169

2.59

1,303

—

June 25
July

877
2,412

3,637

5,919

0,102

8,661

Good Old-.
Str. G'd Old

£xport«
from-'

ISSO. to

Exported

Julu

—

1

,

1881.

Oalveston

3.440

\

NewOrlrana..

a,«77

«

Mobile

Continent.

3,8 Jl

Total

Wefk.

10,168

^.vT.innah

areat
Britain.

France

30a.80S 61.J28
839.731 3!0,782
60,»« 21,774
197.998

I'harloston*...
.......

Hew York

:

I
'

901

198.428

8320
3.110

57,146
S19.1M0
3'3.0U4

2,5S.S

10H.239

WUmlncton...
XOrtolk.

?.0M

Boston
Baltimore.

«u,«

8
8»R

8
8*8
9»2

9 '3
10

Strict Ord..

l.,ow .Midd'g
Str L'w.Mid
Middling...

Good Mid..
G'd .Mid
Midd'g Fail

Str.

Fair

7^

Wed Tb.

Prl.

7S,
H'4
93,0
9''l«

8
8=9
Oij

734

Wed

FrI.

1

8

8
8I4
H^
SH!
SM
93,8
9^10
«'l6
9H16IO
91*18
915,6
9"l3
1038" 1038 |10% lOOg 10»a
lO^'a
10l3„j 10131,111,8 U'lfi Il'is
lOSi
11
lUia ill'* 11^,8 ll-in
11»16 119l« 119,, 1111318 ll>3,8 1113,8
Ui3i3lli3ia 1113,8'l21,8 121,8 121,8
l>%„ .123,„ 129,8 121^18 12li,8ll213i„
135;« 135,, 1.3',8 138,8 139,8 '1.39,8

H'h

:

Sat.

STAl.'JED.

^

Good Ordinary

lb

77,8
8''l9

9>18

.Middling

io4

Middling

8
8=8

8^
9
105,8

9

9

105,8

S4

9 ',8
9li,8
10
I03»
10=»
U'lS ll'is
UVi 114,8
1U3,„ 1113,8
121,8 121,8
1213,,, I21J10
139,8 139,8

738
S3a

738
838

8

Frl.
^

8%

9i.j

non Taea Wed
73a

Til.

105,8

9i4r«
1058
ii'is
115,8
1114,,
121,8
12iJi«
139,8

Til.

Fri.

733
838

738
83g

9
105,8

9
105,8

to

Continent.

Totol

107,930
467.S68
S5I.U51 1,631,491
7,419
112.729

nurlila

'

gllB

7^*4

M.\RKET AND SALES.
Great
BrU'n.

il

93,,,

Wed Th.

1,3.53

1.

S"!

i).<,f

im

1,241

From Sept.

SH

.

1,007

I.

734

it '4

8il«
8
8
811,6 8=8
8=8
Ola
9>3
9»i«
99l«
9l4
10
911,6 9"l0 101,8
101,8 10
10
iMW Mid'I'K lO'ia 103« 1038 1013,6 103t ]03l 1013,8 10% 10%
Str.ryw .Mid 1013,8 10%
ll'l« ll'in 11»8
Il'l8 lHi«
103l
11 '4
Middling... ll'lfl 11
11
113,8 114
11>4
115,8 IIII4
Good iMid 11»R ll"in Hi*!, 11 8 11U,8 1113,8 H'e 1113i8!llI3is
Str.G'dMid 11''8 ll'3l8 1113i„ll2l8 121,8 121,8 1218 121,8 |121,e«
Midd'ir Fair 1258
121*,, 121>,8 ll^'s
121318 1213,8 12-'8
12--3,„!l213i
Fair........ 1338
135,, 135, „ Il358
1139,8 139,8
1.30l< 139,8 13=8

Ordiii'y-f III
Strict Ord..

Low
Week Ending July
Erporttd to-

713,„
H=,«

TEXAS.
nion Tneii Sat. 9Ion. Taea

Sat.

Sat.

Ordiu'y.igib

iiicliiilcii

NEW ORLEANS.

UPLANDS.
mou Tne»

to

1.

1,220

1.

total sales foot

5,691 biles, including 1,619 for export, 3,987 tor consumption,
in transit. Of the above, 450 bales
85 for speculation and
The following are the oSicial quotations and
were to arrive.
the
past
week.
sales for ?ach day of

197
143
427

3fi3l,GS3 4312.134 4124..310 4213.261 3941,738 4061.770
Imliuuola; CUiirhwtou include.?' Port Koyal. <&c.;
Wilinin«ton iiieUiil<!.s Morchead City, &c.; -Vorfolk includes City Point. &c.
The exports for the week ending this evenins 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 3.)4,046 bales. Below are the
wports for the week and since 3 <ptemb.;r, 1, 1830.
Galvc.fton

week are 284,400
up this week

delivery for the

For immediate delivery the

Good Ord..
Str. yd Ord

737
211
232
61
137
209

50

.

Yesterday the market opened fiat, but gradually gained strength,
To-day there was not much
in sympathy with Liverpool.
change, but some strength was imparted by a demand to cover
contracts.
Cotton on the ^ot has been moderately active.
Prices were reduced l-16c. on Monday. Y'esterday quotations were
revised the medium grades of uplands were aavanced l-16c.,
and the low and medium grades of Gulfs were reduced 1-16® ^c.

5,030
9,007

17,0.J7 1,342,131 354.01ti 2ii5.720

20.G6'i!5.G3l.G33

Toti>l

20,111
721,867

4,833

....

PhUudelpVAc

SOD

430

3.031

750
3.031

37,886
61,910
1,444
8,890
8i),75«

108,26

65,391

269. 91

215,793
11.222
9.922
104,013
2
29,918
102

Total

20,518

S,112

27,5« 2.«0»,SU8 538.S03 riu.ise

Total 187S.8C

ii.oe?

5,99«

33,953 2.480,341 367,570

TInoiudM ezporta trom Port ttoyalAc

S10.88'>

805.778
4'8,131
6U.S12
323.012
513.861
lOrl.211

138,185

63,493

8VLK3 OF SPOT AND IK.INSIT.

SPOT MARKET
CLOSliO.

Sat

.

.IDull

c.isler..
at 1,6 dec.

Oon-

port. stimp.

i-i

328
253

230

751

and

Mon .Dull
Tnes .Quiet and steady
Wed (Jiiict and steady
Thurs St'dj- at rev. quo.
Fri
Quiet and steady
.

Ex-

'

(iiO

916

53

425
312

1,301

30

.

1.019

3,987

DelivTotal.

uVfn

.

Total

FUTURES.

Spec- TVan-

300
100
200
20a
100
100

5.691 234.400

1,000

1,581
1,759

777
85

—

eries,

11.800
45.900
57.600
46.500
40.900
51,700

328
265
981

435

Sales.

The dally duUvories civeii aOove are actually dellvoruJ the day previous to that on which they are reported.

The Sales axd Pricks of FirniRBS are shown by the following 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 additioa to the daily and total sales:

THE CHRONICLE.

26

Stock at Marseilles
Stock at Barcelona
Stock at Hamourg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other oontl'ntal ports.

202,000
4.000
54.900
5,300
52,600
42.200
5.540
1,430
11,200

1880.
80.300
5.300
48.800
2,800
40.900
16,400
2,550
1,320
20,700

Total continental ports....

379,170

219,070

1881.

.3
P Pi

i5E|
V n

on

(B is

B

o

&

(P

*

5^

Or •

4

93
_g

ST

IB

O

•5

S.

leg

i

=:i
a

o

BtockatHavre

I

.M

g

mo
M

^

oo

oo

coco

coco
CDOD

CdO
»:

oo

©or'

oc:*

e-

I

I

OCc

MO

OO

ceo

6cD

MO

®

f*

MMfO
MMO
OOO

MMO
ooo

oo

CO
COM

§ 8

OMO

cccoO

OCD
tCCOto

©=

CO

MO
66
acoio

Soc

MMO
oco
toco

oo

CO
do
KM

I

CC

CO

CO
MMOl

*ic»

MCO
®c»
I

CO
1

<iO
to

oo
tcio
^o
«®
OOo
titcO
go
ItI

CO

CO

tcto
^
w

10
CO 00

(JCOD

COo

COo

I

I

I

COo
mmC

MMQo

I

o

oo

oo
66

CCo
mmO
oo
CO

OOo
CmO

©r

^1

MM.J
OMO
ccoo

MhiO

American

Sits

I

Londonstock
Continental stocks
India afloat lor Europe
Egypt, BrazU, <to., afloat

KitoC

coco

Total East India, &o
TotalAmerican

CO)
I

CO

Si

sr
M MC£
CCO

UtCf

ifidi"-'

IS

1881.

1880.

1879.

1878.

678.000
247.000
236,000
351,046
69,938
5,300

514.000
135,000
236,000
265.813
75,103
8,000

475,000
183,000
82,000
178,289
22,338

627,000
340,000
126,000
158,838
19,675

204,000
49,700
132,170
267,000
32,000

84.070
274,000
20,000

684.870

6S6.570

I

si:

I

I

I

I

:

i

I

I

I

I

I:

I

I

I

l!

47,000
42,500
42,900
320,000
4,000
]

54, .500

173,000
11,750
55,750
239,000
12,000

556.400
491. .500
940,677 1,271,513

2.275,204 1,920,486 1,497.077 1,763,013

1878.
I

940,677 1,271,513

254,000

1,590,334 1,233,916

Total visible supply

CO

^:

e^igd.

|t3i~The imports into Continental ports this week have been
51,400 bales.
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 witS

tcao

CO;

Oioigd.

1,590.334 1,233,916

Bast Indian, Brazil, etc.—
Liverpool stock

rooi

I

Europe

afloat to

.

coccO

CO

bales

United States stock
United States interior stocks.
United States exports to-day. .

OOo

I

6%d.

e^iad.

m

oo

U

2.245.906 1,884,627 1,487,500 1,754,901

American—

Id

CO

556.400
491,500
931,100 1,263,401

Liverpool stock...
Continental stocks

®

TotalAmerican

MtoO

173,000
11.750
55,750
239,000
12,000

oo
66
o-a

I

(XCO

C

43,900
320,000
4,000

OOo
66o
^ico

COM

OOo

42,.500

difficulty no longer exists, and we therefore make the following comparison, which includes the stocks at the nineteen
tovnis given weekly in our table of interior stocks instead of only
the old seven towns. We shall continue this double statement for
a time, but finally shall simply substitute the nineteen towns for
the preeedmg table
the seven towns

ll^-lt-

I

147.000

That

COo
6mo

»^^

931,100 1,263,401

figures indicate an increase in the cotton in sight
to-night of 361,279 bales as compared with the same date of 1880,
an increase of 758,406 bales as compared with 1879 and an increase 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 we did not have the record of the new interior towns for the
/our years, we could not make a comparison in any other ^ay.

MMrn

^o
ocj

12,811

627,000
310,000
126,000
158.838
11,563

The above

sr

CO
66
05 -q

475,000
183,000
82,000
178.289

684.870
686.570
1,561,036 1,198.057

Total visible supply
Price Mid. Upl., Liverpool

M»-'CJ

coo

&0

TotalAmerican

oo
oo

cam

I

Total East India,

CCCJ

I

Oo
mO

O o
hi

tctic

8r
I

ODODm

oo
MO
coco
®M
9o

514,000
135.000
236,000
265,813
39.214
8,000

678.000
247.000
230.000
354.046
40.690
5,300

...1,561,036 1,198,057
Total American
Sast Indian.Brasil. die.—
204,000
254.000
Liverpool stock
54.500
49,700
London stock
132,170
84,070
Continental stocks
267,000
274,000
India afloat for Europe
32,000
20,000
Egypt, Brazil, &c., afloat

cccoO

MMIO
COO

I

*JCn
I

COo

I

for Euiope....

Cnit«d States stock
United States interior stocks..
United States exports to-day..

Sir

M MM
I

MMO
OCo

COM

«r
OOo
mmO
MO
OO

oo

American afloat

OOo
do©
Otv
CO
MM
xc»

CO

C<1

MMqo
OOo
mmO

mmC

COo
ddo
OOP

I

MM<

01

CO^

OO
66

S

CnCO

c;tc;»

M,iO

it-ifr-

Liverpool stock
Continental stocks

goo

A..

<=o

^*^

IP-O

Ik

MMO
oo«
<JCD
CO
do

M

OOo

ei.M

C©o
ddo
ccco

996
do©

®co

MMc»

wm

395,750

890,400 1,207,500
320.000
239,000
82.000
126,000
4,000
12.000
178.289
158.338
12,811
11,563

Amertean—

co6°

CRCO

cct

I

225,900

400

2.245,906 1,884,6-27 1,437,500 1,754,901
and otUer descriptions are as (olio ws

Total visible supply

OlOfM

*to

66o

MMO
MMO
coo
CO

7,500

202.750
7.000
36.00O
7.000
47,250
52,750
10.500
6,500
26,000

2.250
37.000
3,000
27,500
40.500
1,000

Oltlie aoove. tbe totals of American

«i-MM
OMo

toe

COO^

-3QD

I

pI

6 CO
I

1878.

1879.

106,750

I

Em®
oo
MO

I

Total European stocks.. ..1,310,870 1,011.570
274,000
India cotton afloat lor Europe. 267,000
Amer'n cotton afloat for Eur'pe 236,000 236.000
32,000
20.000
Egypt,Brazil,&c.,afltforE'r'pe
265.813
Stock in United States ports .. 354,046
40,690
39,211
Stock in U. B. interior ports..
5,300
8,000
United Stgtes exports vo-day..

ccco

l*co

coco
*JCS
Sffl

I

oo

oo
tco

ooo
CO
oo

sr
ooo

CO

S

•7*70

C»Um

00

O

life!

-'2

ff

I

»6 5

;i

XXXm.

[Vol.

I

II

II

11:

IS;

—

At the Inteeior 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 foUowing

—

statement:

III

lli

Week ending July
in September for September, 621,400; Scpt.-Oct.
for
«V°Ql«''snA"'L®*
Oct.,
946 500; Sopt.-Nov. for November, 762.100 Sept.-Dec. for Decera'^'^'
^'^'';i;,^°2\„^"P'-"-''">- *»' -'nimary, 2,588,900; Sept.-Feb for FelT««l?'-:Ma''«li '<" Maxell. 3,46l!,i00;^ Septt. ^April
^xi.iii fir
lor
i
l'?.T?'??^= Scpt.-May for
AprU,2,50o.800;
May, 2,150,400.

Receipts. Shipm'ts

;

^"T

1,
i2S"'w''5'''®.,"''''fj;V.^'''E','''*^''y'
ll-OOtWcdnesdav,
10-95;

•03
03
•02
-38
•05
•28

nd.
pd.
pd.
pd.
pd.
pd.

Moiiaay,

1105; Tuesday
•"""^'^^y'

Tbursday, 1105 Friday 11-05.
July-Saturday, 11-03; Thursday, 10-94; Friday,

''^

10%'o

The

llOO:
;

exchanges have been made duripg the week
1.300 July
.In v for
fm- Ausr,
a no.
.oq pd.
„^ to
»„ cxeh.
^^^u 100
,S,
.
^
1,300
-28
for July.
100 June for Aul'" DC pd. to cxcli. 100 Sept.
July for

followintf

to exeli.
to excli.
to excli. 1,000 Dec. for Mcli.
to exeh. 100 July for Aug.
to exch. 100 Sept. for July.

,,

Auk

pd. to cxch. 1,500 .Tuly for Aue.
•07 pd. to excli. 100 July for Aug.

Visiblb SnppLT op Cotton, as made up
br cable and
tdegraph was follows The Continental stocks a
le-^thefl™
*^^«„¥al«
f«r
Great
Britain
and the ffloa?
^'
for the Continent are thw week's returns,
and
brought down to Thursday evening; hence, to make conseanentlv
?he
th^e

rL^.^'^^'

ffl

-ctiU Great £rit»m

rr :i.

.

SS
y

J

832j509

Slock.

195
63

314
297
351
177

1,167

5,323

146

360

8,033
3,166
3,723
2,439
2,591
15,020
5,658

Total, old ports..

2,033

7,845

Dallas, Texas. ..
JeflTcrson, Tex.*.

344

Shroveport, La.
Vicksburg, Miss.

506
187

654
52
889
315

Columbus, Ga...
Macon, Ga
Montgom'ry,Ala.
Selma, Ala
Memphis, Tenn..
Nashville, Tenn.

21

1,033

Week ending July
Iteceipls.

304
71
12

Shipm'ts

833
103
38

2, '80.

Stock.

5 890
3,562
1,310
2,904

44
75
569

3,432

19

206

18,673
6,073

40,690

1,094

5,316

39,244

1,876

10

40
15
310
166

171
233

832

.

08

Thb

2J2^!St/^=-::::---

239
202

1. '81.

41?
ew,OCtf

S
Sli;7'so

Columbus, Miss..
Eufaula, Ala

7
1

38
86
18

570

8

2,127

284
105
9
14

744
408

3,545

5,392

35.859

4,639

10,708

75,103

275
150

1,741
2,194

5,898
3,307

7.399
6,959

1,849

new

5,625

11,700

29,298

7.6.-.S

1^».^45

69.9SS

Ga
Ga

Atlanta,

Rome, Ga

Tstal,

T..tal.ail
"

port?

Xliiu J cur's flgm-c» CftUiiialod.

82
166

18.49S
4,309

Charlotte, N. C
St. Louis, Mo....
Cincinnati, O....

113
270

Griffin,

68

16
11
2
143
32
402
2,115
2,140

87
10
206
72
270

1,141
167
7,479

70
1,047

2

40
67
195
962

1,203

871
7,400
1,855

293

Jct,t

9,

THE CHRONfCLE.

1881.J

totals show that the old Interior Htooks have defeased daring the week S,812 bales, and are t<j-niKht 1,446
bales more than at the same period last year. The receipts at
the same towns have been 039 bales more than the same week

The above

last year.

—

Rkceiits from the Plantatiosm. The foUowinff table if
prepared for thi« purjxise of indicating the actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, as they are ma<Ie up more largely one year
than another, at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
In reply to fretj^uent inquiries we will add
that these llgiires, of course, do not include overland receipts or
S<)utliern consumption; they are simply a statement of the
weekly movera<^nt from the plantations of that part of the crop
which' finally reaches the market through the out-ports.
BE0KIPT8 FROM FLAHTATIONS.
like the following.

Wok

BtcHptt at tV PotU. &ock at Inttrtor PvrU Rec'pUfrom Plant'nt.

mAino—

1879.

1880.

1881.

1879.

1879.

1880.

1881.

91,906 238.656 237,401
87.294 220,936 818,860
18,962 204,154 204.211
71.I51C 186.668 193,949

64.101

19.094

13,951

14.0T8
8.183

42.177
38.080

19.031
llt.897

84.«3fl

66.S79
60.718
47.7i9
4B.B30
49.190
43.415
36.881
33.012

84.971

M»T

8S.910
36.714
80,8SS
25,601

85.148
31,511

•

40.IOT
se.isi
22.2«1

69,349 176,157 175.316
51.429; 161.455 158,248

7,600
8,853

14.133
11.818

85.878
30.517
25,847

42.108il43,241 132.471
37.570 l.<)0.835 123,.142

7.8f.2

6.550

11,074

6.461

11.008

Apr. 10
S3
an
B
"
IS
"
30
" »7
Jooe 3
"
10

lO.BTS
17.113

11.089

a6.3U
1!3.7M
23.674

1880.

32.429 U5.03H

1881.

9.012

1S.580J l!».432

•

17

7.1S8

19.870

2S.21b

2.I,30H

96.190

98.428
88,232

"

H

e,293

23.511
17,057

23,476
20.862

25,223
22.3S8

81,172
75.103

8I,«7R
69,988

July

....

3,M7

I

11,613

1.471

4.065
8.210

802

23.513
2.963
4.518
1.084 18.038
8.493 17.119
10,9S8
8.775

The above statement shows
That the total receipts from the plantations since Sept. 1 in
1880-81 were 5,696,74« bales; in 1879-80 were 4,909,936 bales; in
1878-79 were 4,44] ,276 bales.
2. That, although the receipts at the out-ports the past week
were 20,662 bales, the actual movement from plantations was
only 8,77.T bales, the balance bein^ taken from the stocks at the
Last year the receipts from the plantations for
interior ports.
the same week were 10,988 bales and for 1879 they were 802
1.

27

Montgomery, Alabama.— We have had rain on four day* the
pjat week, an(f the rest of the week has been pleacant but hot.
Tlie rainfall reached one Inch and fifty-one nundredthfl.
have had delightful showers this week, and the indications are
that they extended over a wide surface : but Home sectionH are
snlfering for want of rain. The crop in developing promisingly,
and later crop accounts are more favorable, rresent proopecti
excellent.
Average thermometer 87, higheot 106 and lowest 71.
Rainfall for the month of June three inchenand 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 i)romisingly, and the plant looks strong and
healthy. Average thermometer 86.
Madison, Florida.~-\t 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-

'

We

—

aging

80.

Macon, Georgia.— yfe have had warm, sultry, wet weather
during the past week, but not enough rain to do much good.
The thermometer has averaged 82.
Uolumbtis, Georgia. It has rained on two days the past
week, the rainfall reaching one inch and eighteen hundreaths.
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-

—

dredths.

Savannah, Georgia.— We have had rainf)n two days the
past week, with a rainfall of but seven hundredths of an inch.
The weather is hot. The thermometer has averaged 83, ranging
from 70 to 99.
Augusta, Georgia. We have had heavy general rain on five
days the past week, the rainfall reaching one inch and ten hundredths. The rain of the past week has' been very beneficial to
crops. Accounts are good, and a large yield is promised. Average thermometer 82, highest 99 and lowest 70. The rainfall
during the month of June reached two inches and eleven hun-

—

dredths.

—

Charleston, South Carolina. It has been showery on three
days the past week, with a rainfall of seventy-five hundredths
of an inch. The thermometer has averaged 83, ranging from
73 to 96.

The following statement we have also received by telegraph,
Weather RBroRTs by Teleok.aph. 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.
June, 30,'81. July 1, '80.
ton, except the drought in the Southwest. In Texas they are
Feet. Inch.
Feet. Inch*
needing rain very badly.
4
New Orleans
Belew high-watermark
8
8
21
Galveston, Texas. ^The weather has been warm and dry all Memphis
Above low-water mark
20
6
low-water
mark
Above
5
2
10
NaBliTlUe
the past week. Much damage has been done by drought
14
13
10
Shreveport
Above low-water mark..
thron£?hout the State. The corn crop is nearly ruined. Cotton Vickabura:
Above low-water mark.. 31
25
is suffering, especially uplands and .sandy lands, but bottoms are
high-water
mark
of
1871
until
Orleans
reported
below
New
holding out very well. Average thermometer 87, highest 94 and
Sept. 9, 1874, when the zero of gauge was changed to high-water
lowest 82. There was no rain during the month of June.
mark
of April 15 and 16, 1874, which is 6-lOtns of a foot above
Indiaiiola, Texas. There has been no rain during the past
or 16 feet above low-water mark at that point.
week. Corn crop is nearly burnt up. Cotton is suffering. The 1871,
thermometer has ranged from 76 to 96, averaging 86. No rainOverland Movement for June. We give in our editorial

bales.

—

—

.

.

—

during the month of June.
Corsicana, I'exas.—The weather has been warm and dry all
the past week. The crops need rain badly. Average thermometer 88, highest 100 and lowest 76. There was no rain during
fall

the month of June.
Dallas, Texas. The weather has been warm and dry during
the past week. Rain is needed dreadfully.
The corn crop will
be snort. The thermometer has averaged 88, ranging from 76
to 100. We had no rain during the month of June.
Brenham, Texas. We have had no rain during the pa.st
week. Cotton is suffering dreadfully on uplands. Corn crop is
nearly past redemption. The thermometer has ranged from 76
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.
Average thermometer 86, highest 100 and lowest 76. During the

—

—

—

columns to-day our overland movement up to July 1. This
.

last

crop report September

of

June we had no

—

Orleans, Louisiana. It has rained on six days the past
week, the rainfall reaching seventy-three hundredths of an inch.
The thermometer has averaged 88.
8hreve2)ort, Louisiana. Telegram not received.
Vicksburg, Mississippi. Telegram not received.
Columbus, Mississippi. We have had rain on one day the
pa.8t week, the rainfall reaching one inch and forty-one hundredths. Average thermometer 88, highest 96 and lowest 82.
Rainfall for the month of June, three inches and seventy-two
hundredths.
Little Rock, Arkansas. The past week has been clear on
three days, fair on two days with showers, and two days cloudy
with rain. The rainfall reached two inches and thirty-six hundredths. Average thermometer 78, highest 92 and lowest 65.
La.st week it wa.s cloudy on three days, with light showers, and
the remainder of the week was clear. The thermometer averaged 84, and ranged from 65 to 94. 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 96 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 gra.ss. Average thermometer 83, highest 97
and lowest 71
During the month of June the rainfall reached
four inches and eighty-five hundredths.

—
—
—

—

—

—

.

iJ

1.

—In our

S

f:

i

t

oi

States.

1

rain.

New

the

acreage report last week, we
published the following table to indicate the cotton crop of each
State from 1869-70 to 1879-80. Through carelessness in proofreading, the figures for Georgii in 1876-7.7 were incorrect as
printed, and we therefore give the table to-day revised.
PRODUCTION OF EACH Sr.VTB FOB YBARS NAMED (OOOs omitted).

Crop of Each State.

—

month

is

statement we shall issue this season, until the issue of our

290
350
559

370
390
680
50
606

556

49

340
470
760
60
595
805
400
764
520
290
80

775
420
610
690
260
60

700
883
690
490
236
50

50
615
780
445
680
B6B
865
70

Total.. •5.757

5,074

4.ail

4.485

4.669

Ark'na's

390
623
814
56
700
956
507
801
607

Tenn.

831

No. Cur.
So. Car..

Georgia.
Florida..

Al'bama
Miss
L'Biana

Texas

Others

.

..

.

.

340
385
600
65

rJ,

)S

?

P

g

t-

i

t

i

g

t

805
330
600
60
673
630
430
550
410
280
80

200
330
595
46
550
600
410
495
435
360
20

173
330
453

3,833 4,170

3.030

2.974

S73
865
520
56
600
565
340
506
380
800
80

40

455
493
346
280
280
810
10

i

275
348
600
60
815
660
605
475
474
300

148
236
474
40
430
665
351
351
248
182

20

3

4.353 +3,155

• 24,000 bales added to this total to make It equal the commercial crop, the
census total helng at present 5,780,968 bales. Tue later completed statement
will undoubtedly nialie up this dltrerence.
+ 141,000 bales lidded to this total to make it equal the oommercial crop, tna
census total beiuii only 3,011,996 bales.

Jute Bdtts, Baoqiko, Etc.—There has not been any activity
in 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
lbs., lOMc for 2 lbs. and lie. for standard grades.
9 j^c. for
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 2,%,®V^c,
for paper quality and 3@3 l-16c. for bagging grades.

CoMPAEATiTB Port Receipts amd Daili Crop MoVBMEjrr.—
comparison of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the
month. We have consequently added to our other standinjf

A

RASOOOM AMD KPaRACHBli.
OALOCTTA. MADRAS. TPTrCORIS. CARW4R.
since January I.
ShipmenUt
weeic
ghioments this

that the reader may
t..M<« A daUv and monthly statement,
relative
b^forThim fL data for seein- the exact

ISSiSntir hafe

movement each month

The
ti^ years named
as foUows:
sUuse September 1 has been

t^o^"nt ^r

.•Kipte.

1879.

1880.

Ootobor..

458,478
968,31-

OTemb'r

1,006,501

8«pt'iub'r

OMeoib'r 1,020.802
571,701
January
572,72^
Sttbnury
Xarob... 476,55
.

lUy

234,216
190,0i4

Jaue

131,871

Jipril...

..

333,643
838,492
942,272
956,4111

617,110
447,91-'

231,913
138,0J5
110,0DG
88,135

1.

288,343
639,261
779.237
893,661
618,727
556,8il
303,935

98.491
578,533
822,493
900,119
639,610
472,034
310,525

167,l.);il

197,9S.>

81,293
29.47J

1875.

1876.

1877.

1873.

Tear.

236,863
675,260
901,392
787,769
500,680
449,686
182,937
100,191
63.939
36,030

96,314
4iJ,14?

1881
1880
1879
1878

169,077
610,316
740,116
821,177
637,067
479,801
300,123
163,593
92,609
42,234

TotMySl
Janel....

"

2...

"
"

3...

••

4...
6:..

" 6..
" 7...
" 8...

« 9...
* 10...
•

11...

"12.„
•13....

•

14...

«

15...

« 16...
* 17..,
- is;.
••19..

"

20..

••21..

«22

.

"23

.

•«24..

«25..
"as..
"27..

"29
"SO

1876.

1877.

5,549.410 4,743,873 4,392.277 4,196,104 3.903.7-25 1.013,875
1.96^
1,351
2,269
8.
2,691
5,376
2.031
1,234
8.
2,002
3,731
3,905
1.573
2,3 'P
S.
2,011
3,219
6,351
8.
2,821
2,39t
1,833
4,569
5,812
2.309
2,714
1,24?
1.014
2,316
S.
1.110
1.81
1,70
1,537
8.
4,790
1,925
1,247
833
2,10i>
5.049
6,129
1,531
1,312
S.
1,401
2,691
3,306
1.180
1,523
8.
1,718
2.913
4,381
•.,209
8.
954
2,686
2,013
4,934
8.
1,584
1,142
1,362
3,593
3,793
2,149
3,061
875
1,920
3,481
S.
1.543
1,385
1.060
1,170
8.
6.754
724
640
1.021
2,192
4,037
5,719
719
1.121
1,505
S.
2,356
3,741
1,586
1,136
602
3,
2,914
3,2J0
8.
781
1,773
2,279
2,537
4,93!
8.
1,075
1,186
1,360
4.462
2,709
3.107
449
1.83
1,531
3,573
B.
,1.611
8.
1.210
1,37
2,097
4,53'
4.60-:
607
1,163
369
2,786
3,79
816
8.
3,111
1,102
1,599
3,793
2,001
001
3.719
1,126
8.
4.001
51.T
1,367
2,117
1,.348
8.
4,583
93H
B.
6.089
1,463
1,131
3,38S
194
1,114
2.389
2,917
719
S.
722
2,603
537
2,034
S.
4,378
3.975
18
506
2,337
1,542
3.053
1,31:
3,101
B.
9J1
1,490
2,519
2.2->»
• 21.292
1.026
659
951
8.

X*t.Ja. 30 5,681,281 1,337.323 4,121,749 4.238.246 3,939,750 1,056,109
1.901
31 i
918
8,
1,073
3,402

Julyl....

b.634.68 i i,839,232 4,12-2,092 4,239,194 3,939,753 1,057,132
Veroentage of total
96-75
96-80
97-53
9913
97 56
po i-t reo' ntgJuly

XMal.

• A onrrcction of previous receipt.* of 17,333 bales adiled.
This statement show,' that the receipts since Sept. 1 up to
to-night are now 815,431 bales more than they were to the sama
dav of the month in 1880 and l,2i)2,59l bale.s more than they were
to the same day of the month in 1879. We add to the table
the per.;eata,ge3 of total port receipts which had been received to
July 1 in each of the years named,
I1101& CoTTOs Movement from all Ports.
The figures which
•le now collected for us, and forwarded by cable each Friday, of
tlie shipments from Calcutta, Madras, Tuticorin, Carwar, &c.,
anable u,s, in connection with our previously-received report from
Bombay, to furnish our readers with a full and compfete India
iBovement for each week. We rtrst give the Bombav statement
lor the week and year, bringing the figures down to June 30.
SOMRAT RBCEirrS ASD SHIPMBSTS FOR POOR YEARS

—

Shipments
Teai

this week.

Oreal
Brit'n.

1881

4,000
19IJ0 5.000
*rt79 10.000 16,000 26.000
1878 4,100 13,000| 17,000

Shipments sinne .Tan
Oreal
Britain

Conlinent.

243.000 465.000
335.000 134.000
233.00(1 297.000
200,000 362,000

1,

Total.

Jieceiuts.

This
Week.

183'.666

7-2.600

151,000
61.000

93,000
SO.OOJ

255.606
244,000
111.000

-—

responding

fcr the different years.
1878.

13.606
15.000
26.000

—

m

1879.

6.000
1,000

Total.

Britain.

rw

This Statement
1879-80 and
than
Borta this year were 813.953 bile.s mjre
Bv addmsr
time in 1878-79
i.259.5S2 bales more than at the same
daily receipts since that Ume,
to the above totals to Jane 30 the
comparison of the movement
ire shall be able to reach an exact

1880.

s'.ooo

8.606
9.000
25,000

Oonti-

Great

Total.

from the above labia
For tbe past few weeks we have omitted
fixtures, »s wo found there
(Csfutta Mairas. &"•) *«« fear's weekly
however, making
are,
to us. We
were inSjcuraSies in tuim as cabledhope
only to prevent errors, but
neTarrSraeuts, under which we ournot
report.
feature of
also to greatly improve this
that the movement from
The above totals for this week show
than for the
-bales
the ports other than Br.mbay is
same week last year. For the whole of India, therefore, the total
shipments this week acd since January 1, 1881, and for the corweeks and periods of the two previous years, are as

4,233.216 3,933,755 4,056.109
Total rear 3,631,281 1,837,328 1,121.749
Paro'tage of tot. port
93-73
97-52
9756
99- 12
96-71
laaetpta June 30
at the
sho-«.^ that up to Jiiae 33 the receipts

1881.

Continent.

Great
Britain.

r««r Beginning September

jrvjUMy

XXXm.

[Vol.

IHE CHRONICLE.

28

*Sincc
Jan. 1

703.000 13.000 1,067,000
769.00ri 15,001 1,006,001!

13.000
840.000
622.001 12,00ir
823.000
• The r«rei|itR for tuo wiM-k ccilinK Juno 2. in 1881, were 89,0-JO bales
lB*t«ail or iti,0>>0 bales, as isiven la Chhonicle of June 4
we add this
Troek, a* correction, 41.O00 bales.

follows.

EXPORTS TO EDROPE TKOV ALL ISDIA.

from —

Bombay

This
week.

Since
Jan. 1.

This
week.

Since
Jan, 1.

This
week.

Since
Jan. I.

12.000

703,000

7.000
13,000

769.000
355,000

26.000
15.000

530.000
244,000

12.000!

703.000

20,000 1.024,000

41,000

774,000

All other p'rts.

Total

This last statemsnt affords a very interesting comparison of the
three
total movement for the week ending June 30, and for the
years up to date, at all India ports.
Alexandria Receipts and Ship.mests.—Through arrangementa
we have made with Messrs. Davies, Benaohi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of tbe raovementa
of cotton at Alexandria, Egypt. The following are the receipte
and shipments for the past week and for the coi responding week
of thr previous two years.
Alexandria, Egypt,

June

Receipts (cantars*)—

2,000
2.763.000

This week
Since Sept. 1

Exports (bales)—

To Liverpool
ToCoatiuent
Total Europe
A cantar Is 93

According to the for,igoing, Bombay appears to show an
innrease compared with last year in the week's receipts of 3,000
bales, and an increase in shipments of 5,000 bales, and
'the
jhipment.s since January 1 show a decrease of 61.000 balas
The movement at Calcutta, Jfadra-s, Tuticorin, Carwar, &c for
too same wetsk and years has been as follows.

1979.

1380.

1831.

30.

1.000
1,662,000

3,2oV.6o6

ThU

Si>iee
This
week. Sept. 1.

Since
This
week. Sept. 1.

3,000 239.500
139,632

500 289.780
232 172,959

i",6bo

3.000 379.132

732 462,739

1,000 245,500

/Since

week. Sept. 1.

168,000
77,500

lbs.

This statement shows that the receipts for the week ending
Jane 30 were 2,000 cantars and the shipments to aU Europe
were 3.000 bales

—

Manchester Market. Our 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:
1380.

1881,

32» Cop.
Twist.

CoU'n

8I4 lbs.
Shirtings.

Mid.

Up

lis

Iwist.

R.
d,
d.
d
d
R.
d, 8. d.
858® Ola 6 5i3?*7 8I3 515,p lOig 810^ 6
8I2
9I2
aiOia
6
9^
513S7
8583
6
Miy 6
" 13 858<* Olfl 6 51397 8i« 5%
912 «l(Jl4 6
It
o(,
913 3IOI4 6
S'^S) 012 6 513*7 ai2
" 27 S^a> 9H 6 .512 3)7 8 In 515,0 912 ®10'4 6
9I2 »10l4 6
June 3 B%« HI3 6 5ia»7 813
" IK S's* 91^ 6 513*7 8I3 G-iia
912 ®10l4 6
" 17 8"a« 913 6 ni2«7 8I3 G3ia
912 ailOH G
" 21 S's* 913 6 3i3®7 81*
a 9% 6
9
8i«
® 9% G
rt^al
9
9^8
H
1
8''8a>
July
6»,,i

d.

Cotfn
Mid.
Uplda

814 lbs.
Shirtings.

32« Cop.

Apr 29

d.

d.

d.

8.

101-57 1019
9

7i2 3'7

9

G"l9

a7 9

7%

®7 9

713*7
7i3»7
71337
71397
413*7
4i3»7

7I2

7%

7I3
7I2

6
6

6T8
6<ii»
6l3ig
Giila
658
6l»i»

r^
6%

The Exports of Cotton from New York this week show a
decrease, as compared with last week, the total reaching 3,110
Below we give our usual
bales, against 5,233 bale,-< last week.
table showing the export4 of cotton from New York, and their
direction, for each of the last four weeks; also thi total exports
and direction since Saptemb.^r 1, ISSO, and in the last column
the total for the same period of the previous year:
Exports OF Corros (bales) kkoh New -xork. sinck Sept. 1. 1880.
Same

Week endingExported to—

Jane

June

June

8.

15.

22.

June
29.

Total
since
Sept.

1.

period
previ'iii

year.

1,022

2,090 352.078 41,'i,33l
21.010 28,500

Total TO Great Britain 3,702 6,142 4,022

2.090 373,091 143,331

Liverpool

8,103

Other British ports

593;

Havre

500

5.142
1,000

552

633!

565

Other French ports

Total French

500

Bremen and Hanover
Hamburg

050
50
51

Other ports

Totalto Nortu. Edrope

1,0511

Spain, Op'rto, G ibra!t'r,&.
All other

633!

350
375
10
73.5

578

1,000
1

1

.253

565

509
69

1,000

Total Spain, &o

Grand Total

35.265

32,308

1.43SI

530.001.-

:

1879.

1330.

1881.

Shipments
Europe

to alt

7.429

1.233

455

36,731

32,308

3S.882
19.497
39,319

36,115

98,698

79,335

3,570
1,745

5,262
3,406

5.315

8,663

18,975
24,245

3,110 513.361 564.142

JuLT

THE CHRomCLIi.

3. 1881.J

News.

Shippino

—The

eiports of cotton from the

we

the same exportH reported bv telegraph, and published in
the OmioxicLE last Friday. With regard to New York, we
include the manifesca of all vessels cleared ap to Wednesday
aight of this week:
Total bala
Hew Yokk—To Llrnrnool, per Rtoainers Italjr, 2(M Ncrada,

—

2,090

Ji27r.....Pnithlu.611
Hiivrc. per Rtoninor Cnnadii, 565
Neckur, 255
Til Urouu'U, |ier iiteiiincrsIIohviiiitHiifl'nn.'iilO
New OKi.t:AN8— To Mvur|>oul, per ateaiuer Kduardu. 4,175
per ship F.1W11, H.fi.VJ
CUAKi.ESTON— To Kevul, per bark Ganymeden, 1,510
0>Un Archer,
Texas— To I.lverpool, per barks Alamo, 1,951

565
455

To

4,293
3,4K7

per bark Hampton Uourt, 3,467
bark SKlctia. 9'.'0
Liverpool, pur stvainers Veneiaelan, 539
Kitii, 1,082
To Bri'niKii, per steamer HoUeuzoUern, 381
Boston— To l.ivrriiool, per steamerH Bavarian, 851
Malta,
Kri'iiieu,

020

|i(<r

Baltimoke— To

782 ...Missouri. 538
Philaueli'IHa— To Uvcrpool, per gteiimor

«

Total

^,...

1,621

381
2,171

;..

Olilo,

532

632

,

„

30,252

The

particulars of these shipo'iKits, arranged in our
form, are as follows:
LiterBreRetal. Genoa.
pool. Barrt. men.
>n:,
HewYork
455 .
2.090
1,836
K.Orleans
7.834 2,577
1,510
Oharlesiou
920
Texas
3,467
4,293
Baltimore
1,621
381
BostOD
2,171
Fhlladelp'a
532
18.511

Ta»al

3.112

2,430

4,303

1,830

June

Wiis

ZMiverg.
AUK.-BHpt

Juuu-Joiy
July-Aug

6.i|s

Bcpt.-Out

Dtlirery.

d.

osaa
Total.

3.110
12,24
1,510

8.630
2.002
2,171

532

d.
CS.ij

Ditirtry.
0<!t.-Nov

tttm

e^M

Dec.-Jaa

&*Tjg

6*,g
e>ai

Jnlr-Aac
Bopt.-Oct

V!^
a'u

Aox.-Bept

((•]«

•

I

d.

63,g

TllCatDAT.
Aoff.-Sept

6»s.

Jaly-AiiR...

orulSept.-Oct

Nov.-Deo

July-Anx
Sept-Oct

Caa

I

I

6ij8
I

FSU>AT.
Jnly-Aoj
July

6»ib
0»i»

BRE ADST U FF S.

7.831
1,610

2,:)4i
Kcviil.

WBDKHOAT.

United

BtateH thv pant week, as per latext mail returns, have reached
So far as the 3oathnrn ports are concermid, these
80,253 bale.M.

To
To

29

Fridat. p. M.. July

The

1,

1881.

market dnring the first half of the week ander
review was dull, drooping and unsettled, and some reductions
were made in current quotations; bat on Wednesday a steadier
feeling was developed, and there was a notably large demand
for city-mada brands.
Good medium extras from winter
wheat are not plenty. Rye flonr and com meal have also
favored buyers, but no important decline can be reported. Todaythe market was fairly active and steady.
The wheat market was depressed early in the week. Foreigm
advices were less favorable, crop accounts were better, and
ocean freights advanced. It is said that limits from the Continent have been very materially reduced, while letters from
Ohio speak of greatly-improved crop prospects. It is, however,
flonr

anticipated that supplies for July will be comparatively small
consequently the decline has been more decided for August

30,252

and September thj,n for early deliveries. Last evening No. 2
Milwaukee spring sold at $1 23.
To-day the market wa»
weak, with No. 2 red winter selling at $1 23?i@$l_24>i for
August and $1 23% for September.
to be taken forward to destin.aiion by Spi-vnlsh steamers Enrique
Indian corn has also declined sharply, under an increased disand Guilleimo. The Eaocb Train was repainneat Havana June
18.
position to realize on the part of speculative holders. The
weather reports have been more favorable to crop prospect*
Cotton freights the past week have been as foUow.s:
in middle latitudes, but in nothern sections June has been much
too cool. Supplies at the West have been mach more liberal.
Walnes. Thura.
Salur.
Tues.
Fri.
Mon.
The market to-day rather favored buyers on the spot, but No.
Uveriwol, steam d. I'm® '4 n^-3H ^h*S>H 'Im®"* n64»"4 iiMa"!
2 mixed closed at 56Mc. for August and 57Mc. for September.
Do
saii...<f. '3S*''.-|2 ^32'a~3t
»32 3l'3a 632®'32 H'i<'>''3i %3<*"33
The market for oats has
Rye has been dull and closes flat.
ISjj.
'''32*
13-3*
Havre, steam
'333*
13,5,.
c.
"32"
been somewhat depressed, but to-day was steadier. No. 2
Do sail
....
....
c.
....
graded being quoted at 44V4@44Xc. for white and 4-l@44i^c.
Bremen, steam. .«. 363 >3
38*>2
38® >a
%»'«
ssa-a
%»»S
for mixed, with No, 2 mixed selling at 43c. for July and 37c. for
Do
sail
....
e.
....
September.
%3l3
%»l3
Hamburg, steam.d. '9»'3
3»»lS
38»»2
38313
The following are closing quotations:

Below we gire

news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Enoch Trai.n.— Sliip. before rei>ortc*l. The cargo of cotton of ship Enoch
Train, for Liveriwol from New Otleau.<i. at Havana in distress, Wivs

Do

all

8all...d.

....
'1

Amst'd'm, steam.c.

Do

sail...d.

.-..

Baltic, steam.... (f.

oie

Do
'

sail

= 18

1*64

c.

516
'»01

'"m

Flour.

^

Js

>S

^
^16

'is
>»61

1»64

5l6
'Sjl

Couipreiised.

—

LivBKPOOL. By cable from Liverpool, we have the followin,?
statement of the week's sales, stocks, &c., at that port:

Grain,

»bbl. $3 00» 3 60

No, 2.

'a

Wheat-

150

$105 »1 25
Bpriug.No.2
4 009 4 30
121 a i l'3
4 709 5 10
Bed winter
115 ®l 32
do XX and XXX... 5 '25* 6 75
Red winter. No. 2 127149128
Whlt»)
Wis. & Miun. rye mix. 5 75a 6 00
1 17 al28
Wiutershipp'xextras. 1 80!» 5 25 Com— West, mixed.
58 a 56i«
do XX and XXX... 5 50*7 25
West, No. 2. new.
b,'>
® 56
650®
50
Pateirts
Western yellow..
8
55 ® 58
Western white
City shipping extras. 6 26a 6 50
.3....
South, yeli'w.new
Southern, bakei*s' and
57 « 60
South. white,new
family brands
6 25» 7.50
58 a 62
Jouth'n ship'g extras. 5 40 a 6 00 Rye
105 »103
Rye flour, supertine.. 5 35» 5 70 Oats Mixed
42 a 44<a
White
Corn meal
43 a 47
2 903 3 30, Barley— Canada W.
Western, Ac
... .a....
Brandywiue, <feo
3 35 9 3 40
State, 4-rowed. ..
.a....
Stale, 2rowed.
.a
Pe 18 — Can'da.b.i&f.
.... a....
"
(From tlie yew York Produce EMsXrtaie ffeekly.")
Receipts of flour and grain at Western lake and riv:<r pirts
tor the week ending June 25, 1881
Winter superfine
Spring Buperflne
SpriCK wheat extras..

4

2,")a

Spring

.

June
Bales of the

week

10.

bales.

37,.'>00

Of which exporters took
Of which speculators took..

1,700
2.100
28.5 OO

Aniciican
Actual e.\iM>rt
ForwHiiled

Salt'D

June

49.000
3,300
3,200
37.000
6.900

6.801

,....,..,,

Total stock— Estimated
Uf which Ameiii'an— Estim'ii
Total import of the week...

5.500
904. 0<K}

11,000
906,000

684.00;)

6113,000

47,000

63,000
51,000
233.000
133.000

Of wuuli American

25..^00

Amount atloat

261,000

Of wineh American.

17,

U!>.0<X)

June

24.

57.000
1,86(1

2,000
45,500
8,700
9,000
83¥.000

677,000
52,000
38,000
21.5,000
1

05,000

Julu
54,'

1.

00

i.nio
3.310
44,000
3,100
6,800
832,000
678,000
53,000
46,500
192,000
92,000

The tone or the Liverpool market tor spots and futures each da.v of the
week nailing July 1, and the daily closiujf prioos of spot coltt'n, h»\ o
neiin us follows:

—

1

Flour,

bbU.
(196 lbs.)
43,144
81,479

At—
Ihicago

Milwaukee

377

Toledo

Saluntay Monday. Tue*duii
Mar'Kot,

)

l2:J0i.M
J

Mid. Upl'di.
Mid, Orl'us

Market.
5 V. M.

Kisier.but Mod.

Iliq

Mod. Inq

no' quatafreely
liiy iowtr, supplied.

supplied,

demand
freely

0'4

Quiet.

j

Balee

10,000
1,000

,000

500

8,000

12,000
1,000

500

10,000
1.000

..

S.OOO
1,000

507,014 2,673,702
377,045
22,500
238,138 330,630
65,969
S,,'S0O
33.600
20Li,911
730.775
5,000 423,450
102,200

Onis,

iush.
(32

lbs.)

Barley,
bush.

as lbs.)

990,732
73.750
22.388
8,590

25,696
20,410

Bye,
bush.
(Milbs.t

13,863
"
7,038

1.000

34,0.iO

1.918
2,250

176,796 1,007,037 4,211.603 1.438.661
95,168 955.1.13 3.827,278 758,931

66,206
34,160

25.067
35.482

8,000

Total

Corn,
bush.
(56 lb».)

17,100

2,.5S6

Duluth

Same time 30

Wheat,
bush.
(60 lbs.)

146.245
156.900

Peorta

C3,a
6I4

\

Bpeo.& ezp.

7.010
1,833
32,307

Detroit

Cleveland
St. Ix>uis

met

63,8
6 '4

6='i6

6 '4

Pinday

Kiilr

Steady.

.freely

6-''i«

6I4

Tred>i«. Thuysd'y,

.

s'.ooo

Total receipts at same ports from Dec. 27 to June 23, incla.
four rears

sive, foi

:

1881.
Flour

bblg.

4,301,61)1

\Vbeat

bush.

22.012.SOO
52.378.731

1880.
2,760,521

1879.
3,182,923

1878,
2.832 815

30.093,372
45, 36. ,699
13,968,315
2.326,945
1,546.856

28.985.777
44,904.384
12.267.562

Tuturti.

Market,

5

r.

M.

Quiet.

steady.

Dull.

Quiet.

Film.

Flat.

The actual sales of futures at Liverpool for the same week are given
Below. These sales are on the basis of Uplands, Low Middling clause,
unless otherwise stated.
Baturdat.
DeUvery.

June
Jim»July
Jnly-Aug

d.
Delivery.
6»32
AuR.-Sept
6^32
8ept,-0ct
6'32 lOct.-Nov
I

1

I

d.
Delivery.
614
|Nov.-Dcc
OI30 Dec.-Jan
I

;

o-'e

I

6

I

d.

527^^
52'3a

Monday.
JtUy-Anu
Aiig..8ept

6S32

ISept-Oct
6i4®"32 Oot.-Nov
I

Nov.-Dco

5^33 Oct.-Nov
|

5131.
5''»

»>y-Ang

6Si»
e^.^

6l32*»i»

Aug. -Sept

e»i2

Nov.-Deo

8ept.-Oct

61

8ept.-Oet

OoVNov

5:ii*

Oot.-»ov

Oats
Barley

SKT,,
6I3J
..S'g

22.104.7i).->

3,850.877
836,651

Bye

2,818582
1.994.465

102.033,761 116.485.816
93.300.187
90.870,770
Comparative receipts (crop movement) at sam* porta from
August 1 to Jane 26, inclusive for four years:
1879-8©.
1880-Hl
1878-79.
1877-78.
5,986.272
7,978,821
bbls.
5,917.481
noor
5,605 '209

Totalgraia

Vbeat

Oom

Oats
Barley

TUESDAT.
June....
Jane.Jaly

Oom

Rye

....

bash.

76,109.613
113.165.639
43.234.210
11.738,699
3,233,437

TOtAl grain.... 247,536,648

81,596,891

86,192.138
85,135,094
29,928,127
9,168.691
4,503,193

72,451.018
79!l94.00O

289,581,034 215,52r,240

180.292.883

115,l.')7.2j6

28,514,451
10.317,670
3.924,766

24.tj79,l20

9,297 442
3,871,282

THE CHRONICLE.

30

Comparative shipmenta of flour and graia from the same
to Jane 25, incluMTe.. for four years:

pora from Deo. 27
*^

FJonr... ....bbl«.

Wieat

bush.

Corn
Oati
Beirley

f^t..

1881.
4,250.628

1880.
2,561,394

1879.
3,337,939

1878.
2,857,404

23,923.313
43.706,234
16.648,824
1,991.880
1,046,733

25,877,200
58,115,659
11,490,368
1,586.117
958,161

26.129.500
39.917,192
10,454,791
1,986,728
1,395,433

,285.982
,089,555
.742,452
,539,276
,568,193

XXXIIL

[Voh.

operations were comparatively light, and the present comparative lull may continue until the middle of this month, by which

time agents will be prepared to open new lines of prints, dress
goods, shawls and other fabrics adopted to the Autumn trade.
There was (as usual between seasons! a very light demand by
retailers, and business was therefore comparatively quiet in all
Values of the most staple
branches of the jobbing trade.

and stocks are so well in hand, aa
a rule, that a steady market for some time to come may confiweeks ended:
,„^
,„,„
dently be predicted.
1878.
1879
1880.
1881.
Week
Week
Week
Wiek
Domestic Cotton Goods. The exports of cotton goods for tha
June 29
June 28
June 26.
June 25.
ending June 28 were 2,886 packages, among which were
week
71,285
89,496
56,363
bbU. 151,329
Flour
1,515 to China, 392 to Great Britain, 237 to United States of Co404,539
173,318
628,?.>1
617,605
bush.
Wlieat
33!^,477
873,531
1,051,045
lumbia, 131 to Brazil,'.109 to Hayti, 91 to Venezuela, 90 to Chili,
1,460,080
Corn
527,925
283,067
575,100
1,450,070
Oata
23.023 83 to Mexico, &c. There was a very good demand for cotton
17,288
13.414
19.242
Barley. V;.'.
53,20b
9,908 flannels at first hands, which resulted in a satisfactory business,
34.700
19,705
^....
Rj-a
but other kinds of plain and colored cottons were only in
1,876,488
824,793
2,303,110
3,566,702
r,)(*l
moderate request by package buyers. Prices ruled firm on all
weeks:
for
last
four
Rail and lake shipments from same ports "^''
the most desirable makes of plain and colored cottons, and
'—'-•
Barley,
Rye,
Oats,
Corn,
Wkeal,
Flour,
Week
orders for goods not actually in stock are mostly accepted " at
bush.
bush.
bush.
bush.
Ousfi.
oois.
tnamfj—
19.242 19.827 value" only. Print clothes were rather more active, and prices
2,0ti9,949
3.68S.901 1,658,840
Juuo 25... 230.02
17,133 19,702
June 18. -.164.417 1,256,573 3.198,338 941.196
remained steady at 3 15-16c. for extra 64x64s and 3^c. for 56x
22.839 18.969
June 11... 203,026 1,115,360 3,699,5211,321,501!
Light prints ruled quiet, but there was more inquiry for
60s.
23,545 1<,007
June 4. ..156, 193 1,145,781 2,837,821 910,563
dark fancy prints, as a result of which some lots were placed
"
82,764 77.505
on memorandum" with buyers who are making shipments by
Tot.,4w)C8.753,664 5,587,663 13,,424.587 4.835.401
8.).364 143,378
4 w'iM'80 .128.391 9.219,489 16. 311,987 2.693,276
canal. Ginghams were sluggish, and printed lawns were almost
ports
week
for
the
Heueipts of flour and grain at seaboard
neglected.
There was a less active demand
ended Jane 25;
Domestic Woolen Goods
Oats,
Barley,
Rye,
Com,
Wheat,
Flmir,
for woolen goods than of late, but the tone of the market was
bush.
bush.
bush.
bush.
bush.
bbls.
At—
2,586 very steady, and there was a liberal movement in certain fab95.146 676,180 1,307,370 885,300
Sew York
91,000
1,500 rics on account of former orders. Men's-wear woolens were
54,525 456,301
53.773
Boston
5,600
3,200
2,880
Portland
only in moderate request by clothiers, but leading makes are so
82,096
800
21.193 132,696 229,026
Montreal
88,400
1,000 well sold up that values are steadily maintained. Cloakingg
89,000 104,400
PhUadelphia... 20,415
2,000 and sackings received a fair share of attention, and there was a
62,000
22,695 496,600 519,700
Baltimore
98,027,595
87.316,984
....
Rail shipmeata from Western lake

75,225,458
79.3S3,644
river ports for the

Total (Train

fabrics are firmly maintained,

and

—

—

27,422

WewOrieane...

208

71,055

547,619

50,464

800

Total weflk... 213.5211,199,165 3,170,016 1,286,051
544,097
Cor. week '80.. 183,893 4,004.512 6,009,530

2,065

7,294
15,568

Total receipts at same ports from Dec. 27 to June 25, inelu•ive, for four years
:

1880.
4,378,736

1879.
4,919,423

873,430

38,326,317
71,433,382
11,951,239
1,584.267
774,538

41,524.323
61,091,959
10,389,276
1,475,099
1,958,090

101,316,167

121,063,763

116.138,717

1881.

Flour
Wlieat

bbls.

6,411,.577

bush.

40.199,287
48,967,244
12,483,969

Com
Oats
Barley

2.02i).187

Kye
Total eraln

....

1878.
4,096,079

;

107,930,455

Brports from United States seaboard ports and from Mcatreal
for week ending June 25, 1881:
Flour,

From—

bbls.

WewYork

Wheal,
bsuh.

Corn,

Oats,

bush.

bush.

Rye,
bush.

53,081

72,428
16,047

883,089
32,691

2,565
8,969
11,973
2.066

178,268
269,419
648,132
90.821

26,235 186,782
500
279,579
410,119
253,201

Total for w'k 111,618

2.102,420
3,054,636

2,234,210 191,943
3,893,594 130,846

Boston
Portland
Montreal
Philadelphia.

.

Baltimore

Kew

Orleans..

Same time

The

'80.

104.192

1,128.311
136,732

7,663

though somewhat irregular, demand for^ repellents.
Kentucky jeans and doeskins were less active, but stocks have
been so largely reduced of late that prices are firmer on the
best makes. Flannels and blankets continued to move steadily
from first hands, and prices ruled strong because of the light
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
steady,

Peas,
bush.

5,172

auction houses.

Importatlona or Drr Goods.
The importations of dry goods at this port

for the week
ending June 30, 1881 and since January 1, and the same facts
for the corresponding periods of 1880, are as follows:

61,783

p

S

It
53,084
9,071

66,955
34,386

ai:
8:

•

:

supply of grain, comprising tbe stocks in granary
at the principal points of accumulation at Lake and seaboard
porta, and in transit by rail and water, June 25, 1881, was as

2

P

^

visible

•a;

follows:
In store at—

New York
Do afloat

(est.)

Albany
Buffalo

Dhtcafo

Uilvaukee
Duluth
Toledo
Detroit

Oswego
Louis
Boston
Toronto

Bt.

Bf ontreal

Philadelphia
Peoria
fiidinnapoUs
Kausas City
Baltimore

Dowu Mis8lssipx)i.
On
On

rail

lake

Canal

June 25.1881
.Tt<,,n 18.
ia*Q1
'81
June
June 11, '81.. ...
4,
June
'81.. ...
Tot.

Wheat,
bush.
1,986,018

Com,

Oats,

bush.

bush.

891,833 768.511
350,000
390,000 720,000
14.000
31.000
7.500
256,549
424,841
191,571
4,187.795 2,193,114 3,059,845
1,870,198
5,041
26,075
665,000
5,000
357,857
519,051
110,251
286,724
27,410
7.759
60,000
65,000
316.H41
885,660
88,281
47,902
289,166 141,031
160,071
13,939
193,007
74,470
31,968
403,356
515,.500
226.869
19,196
141.945 271,140
128,000
133.700
28,400
.59,378
.56,164
19,006
798,073
424,381
161,000
386.000
959,774 2,697,952 714,770
1,591,314 1,842,821
208,770
1,500,000 1,700,000
70,000

16,370,483
Ml
AA\ 'i'3f\
16.441,330
17,220,573
16,238,025
May 28, '81.. ...14.909,921
Juuo 26, '80.. ... 13,913,310

Barley,
bush.

Rye,
bush.

63,709

58,419

4.203
30,725
106,337

37,167
11,780

M

Pro 01:0:0

19.500

958

»^ to c: to

cslo

~

(P-CO
1

:.

-:

M

Olh-'

t- *-

oto

X CO

»t*"

TOO o-jr, „
,1
nr\i\
11.783,877
6,641,299
11,522,238 6,332.163
10..501, 156 5,209,553
9.822.828 4.589,330
13,097,790 3,080,519
1 1

,

,

25,705
122

COQCO'ICO

O'J'tOtf-tO
tOOi*^lrf^-J

X->JOrfi-C0

OMCJl-J--

Cit-*®aocj>

!C ^
MCW
tp o: Ol

CO to bO to CO

M
to M M to
lt.MCtOCO
CO
O

Olit^CiOOl
Oi->'^coy»

'tt c;i rf*

©XCirf^tO'^
MtoVl'-l'tO

OtoaoOCO

toK;rf»>to--j

'too'bVoi
^1 00 oo to to

ao
000
'lOO

CD*.COC0p

"s-oioVb
00 M a o rooxcox-*

OiCO

^jototoco
It^MW'tOM

c;'co<]ato

^

'1 O:

CO

tf*

»^CCMtO03-»

tn-lK-OJOi

tOtOOMrftOtO-JtOrf*.

*«- tP

to CO

M

Mtopcp^
OlotOCUM
— to cocoes

tO

0:rf*.tt*xO

Cfl

CO

O 05

COCO'^IQO'^
to to ;o to 00

CO^lXtOlOtfi

QDCnCJiODi--

^] 00 oi tu- Oi
Tt *T?i
.r

CiMWOcp

OitO

a ro <i

:o Oi

MWtOMW
"COQO
CJiOi

t- *o

--J

O-^iJicoii-

oi'bcOMO

cow

to

Mrf^COtO

h-tO

1881,

the near approach of the July holidays.
Southern buyers
have appeared in the market in considerable force, but their

MX'CO'^QD

OCOCaCoc

CO

162,527
181,974
276,108
287,506
327,327
237,986

There was daring the vast week a fair movement in staple
cotton and woolen goods, in execution of former orders, but
new business was restricted in volume by " stock-taking " and

CC^COiOQO
»o:oo:tOM

odV o-.Go'c:
CO-ICO.-'C1
COM WOU

coco
croi

coc

oic*3nroi-'

00 S.
oo:;-

'tOQo'Vf'fPklt.

^p_topco

Mxaoooo
-q CO CT CO c

COM
1,

MCOtCtO
atOlOrf*!—

3:

toOMa. c

THE DRY GOODS TRADE.
Friday. P. M., JiUy

ex,

o;^]ijO_c

h-*

248,037
127,113
321.569
361.058
513,092
280,130

--I

ClM-^llOCO
OlCQDO'QtJ

C0 00:t5

13,r<33,128 7,001,107

-1x0

WMOij-J

00 :o

OOP

^1

21,242

CO
,

Qi Oa g. CO CO

00:

4,499

"2Y6

XiW
coo

MOlCPXtC*.

CO
Oi
M
>-tcoo:;'CO

"

CD(D

1,900
17,921

r(^

^ 0< CO CO u<
CO o;

3.134
441
125
431

H-tO

o: CO CO cs lU

wot CO
MODMOl-J
:o or

—

9S

Jdly

TBE CHRONICLE.

1881.1

2.

Financial.

Geo. K.

NEW YORK,

DBALBHS

Oor.of Montague

IN

•This

Wm. B. Kendall, Henry Sanger, Alex. McCue,
Chas. R. Marvin. A. A. Low.
.f.'x'wlton. Abm. R. Baylis. Henry K. Sheldon,
h tU.
E. Plerrcpont, Dan'l Chauncey, John T. Martin,
Alez. M. White, Joslah O. Low, Ripley Ropes,
Austin Corbln. Edmund W. Corlles.
John P. Rolfe,

Chew,

WALL STREET, NEW YORK.

WM. R BUNKER,
.

BONDS, LANDS,
Toxiu Securities for InTestmertt

0'>n

t&ntly uu hand

FOR

Albert E. Hachfield,
Deals in Inveatment Seenrltlea >nd
Bonds Generally.
Si

St.

Loals

EMPLOYEES, AND ALL KINDS OF

GUARANTEE

all judges and officials In the State
are |now authorized to accept the
bonds of this company In lien of individual bonds.

Ists.

& Northern Istu.
KansHH & Nebraska Bonds.
Joseph & Western Bonds.
Clnclnnutl Uamilton A Dayton Bonds
Joliet

New York

Cash capital paid up
Cash assets over
Deposited at Albany in U.

St.

VOK KALE

280,000
300,000
S. 4 p.c. Bonds 100,000
tfETV YORK DIRECTORS:

:

Consumers' Ice Company's stock.
An EiKbt Per Cent Invest men

, „
i: B* I?.?i'JJ4KXP' f'reat. Merchants' Nat. Bank.
Mechanics' Nat. Bank.
Sv»&V*i/P'.'J''JiSS'J'.''?§'B. MINTURN, Messrs. Orinnell, Min-

ROBERT

FOR CHOICE

turn

6 Per Cent Mortgages,
ADDRESS

FRAiWCIS SMITO,
SMITH & HANNAMAN,
Indianapolis, Ind.

Successor to

Jc

THE FIMANCLAL ASSOCIATION OF ONTARIO
Is In

a position to furnish Investors with choice insecurities,

carefully selected, yielding

from SIX to SEVEN AND A-HALK PER CENT
per annum. Speolal attention given to business
from the United States. Correspondence solicited.

Tbe Financial Association of Ontario,
LONDON, CANADA.
EDWARD LB RUEV, Managing Director.
CITY OF MARTINSBURG, W.
5 PER CENT WATER BONDS,
Due

Interest January and July.

in 1805.

New

paid In

York.

Total debt, $100,000.

FIDELITY GUARANTEE BUNDS
ARE ISSUED BY THE
FIDELITY & CASUALTY CO.

NEW

YORK,

The only company organized

in the

United States

guarantee ng the Udelity ot persons holding positions of pecuniary trust and responsibility, thus securing a CORPORATE GUAUANTKE In lieu ol a
personal bond where security Is required for the
faithful performance of the duties of employees in
all positions of trust.
Full information can be obtained at the ofBce, 1

Broadway.

Wm. M. Richards. President.
Lyman W. Briogs, Vice-President.
John M. Crane, Secretary.
Edward Stark, General Agent.
„
DiRBCTORS—
George T. Hope,

llotd.

Lloyd

w.

34

Promptly

Sc

c.

NE1V YORK.

Buy and sell— on commission—Government, Rail
way and Miscellaneous Securities. Receive deposits
subject to check, and allow interest on balances.

Hatch

R. UTLEY,

Scranton

&

Y'ork

Willard,

BANKERS AND BROKERS,
Jii BROADWAY, NEW YORK.

BANKERS,

CoRKKSPONDEXT'". — Bartlett, Westcott 4. Co.,
Ctica; Westcotti Co.. gyraouse; Westcott, Myers
*Co., BuffHloi J. T. Lester & Co., Chicago; Emery

A

Uodges, liostoD.

3

C. I. Hudson
Co.,
EXCHANGE COURT, NEW YORK,

&

Branch

Office

margin, all securities dealt In at the
Stock Exchange.
R. R. Leak.
C. I. ntrnso.v,
T.
Member N. Y. stock V.xcb.
.

H

New York
Ctruns.

Fred H. Smith,
BROAD STREET, JfBW YORK.

RAILROAD SECURITIES
(An totlmate knowledge of

all

Harry
W.

Vo

A SPECIALTY.

Henry Day,

C.

R.

Cruoeb Oakley

looan, May.naud C. Eyre.
Travehs, Special Partner.

Prince & Whitely,
64 BROADWAY, NEVF YORK,

Private Telegraph Wires to Philadelphia; WilmlnevOn. Baltimore, Washlnj^ton, Bo;«ton, Bridgeport

and

Bonds and Governments oa

WM.

NOYES,

C.

NEW YORK,

NASSAU STREET,

21

DEALER

i:f

GAS STOCKS A.\D BO\DSj
TELEQRAPH STOCKS,
TRUST COMPANYS' STOCKS,
Cky and other Railroad Stocks & Bonds
AND

MISCELLANEOUS SECURITIK".

Taintor

&

Holt,

BANKERS,

WALL

STREET, NEW YORK.
TRANSACT a GENERAL BANKING business.

No. 10

DEPOSITS

received and

INTEREST

allowed

on

balances.

Buy and

sell

GOVERNMENT, MUNICIPAL and

RAILROAD

bonds.
Priv ite telegraph wires to Providence and Boston.

g. b.

taintor.

Wm.

geo. h. holt.

L. Brkkse,
Wm. p. Shiis,
of New York Stock Exchange.

Members

Breese

&

Smith,

39

BROAD STREET, NEW YORK.

Government Bonds, Stocks and
Securities bougbt

all Investment
and sold on commission.

Buttrick
Nor. 37

&

Elliman,

&

39 Wall

St,

New

Torb.

BONDS, STOCKS and INVESTMENT SECURITIES

BOUGHT AND BOLD ON

COMMIijSION.

Member of the N. Y. Stock Eicb'ge
Wu. Elliman, Memoor of tbe N. Y.MinIng Kzch'ge

C.

Theo. v. 8an».
JonN SlCKKLS.
MAX E. Sand, Member N. T. Stock Exob.

&

Sand Brothers

Co.,

bankers AND BROKERS,
64 W^all Street, New York.
STOCKS AND BONDS BOUGHT AND SOLD OS
COMMISSION.

COMMERCIAL PAPER NEGOTIATED.

New Haven.

RANKERS AND BROKERS,

for the past 10 Year

InvOTtors or Dealers wishing to bay or sell are
to communicate.
State, Municipal and
Railway Bonds and Coupon* bougbt aad sold st be»t
Ituies.

Sell Stocks,

Commission, either for investment or on margin.
ALUERT H. Vernam,
Edward
n. Bond.
''"""•'"""'•
Member N. Y. Stock Exchange.

No.

WALL

(Brancli Office, ISO Fifth Avenue).
All clas.ses of Railway and Mining Stocks bought
nd sold on Commission.

In V ted

Market

No. 34 Newr Street, Neiv Forh.
Buy and

BROKERS,

Stock Exchange.

J D. Prince, Jas. Wuixely, H.

BANKER AND BROKER,
No. 13

Cor.

NEW YORK

reputable Secnrltlei

BANKERH AND STOCK BROKERS.
William mmaus,
Members of New York

and Private Wire

"CiMBERLAND," Broadway and 22d Street.
Buy and sell on commission, for investment or on

at the

DREXEL BUILDING,
and BROAD STREETS,

81 and 85

all

Vernam & Company,
BANKERS AND BROKERS,

MI8CBI,.

Lummis & Day,
!«o8.

or

bought and sold In the OPEN MARKET. LOANS
and COMMERCIAL PAPER negotiated. Interest
paid on DEPOSITS, subject to check.

6KI.L

iOVBRNMENT BONDS. STOCKS AND
LANE0U8 SECURITIES,

PRIVATE WIRES TO
Boston,

No. 12

Foote,
WALL STREET,

BUY AND

Windsor Hotel,

Cumberland,
Dolmonlco*8,
Gllaey House,
Philadelphia,
Saratoga,
Newport.

&

- r^ew^ORK*

§T.

STOCK EXCHANGE,

McKban

McKean,

WALL STREET,

yEj^ms,

classes of Securities dealt in at the

Member of N. Y. Stock Exch'ge

Issued for

New

25 fiNe

W

P.

For sale by

31 Pine Street,

gLLi;*s,pouDE|^

A. B. Hull, G. Q.
Williams, W. G. Low. A. S. Barnes, U. A. Hurlbiit,
Geo. S. •oe, J. S. T. Stranahan. Charles Dennis, Wm!
M. Richards, H. B. Claflin, John D. Malrs, Lyman
Brlggs, 8. B. Chittenden.

Joseph

BOUGHT AND BOLD OK

BOND.S

COMMISSION.

I>.

liOuis

VA.,

Water Works.

Wn.

AND

STOCKS

Co.

HOPKINS, Vice-Pre.sldent Wabash St.
& Pacific Railroad Company.
JOHN PA TON, Messrs. Jesup,
Paton & Co.
W. H. DYCK MAN, Secretary.
A.

OF

Dominion of Canada.
vestment

&

Glazier, Kohn
Co.,
BANKERS AND BROKERS,
0« BROADWAY AND 19 NEW MTRKET.
NEW YORK.

Purchase and sell on Commission GOVERNMENT
and RAILROAD BONDS and STOCKS, and a 11

OF NORTH AMERICA,
WILLIAM STREET.

of

STRBBT,

New York.

Guarantee Comply
By a recent law

Ists.

WALL

B

BO.NDS.

No. 41

WANTED
Columbus A Toledo

No.

TUB

NASSAU STREET,

Indtanapolla

Secretary.

Co.,

STOCK BROKERS,

Bonds of Suretyship

ice,

&

Lapsley, Field

i

TRUSTEES:

TEXAS RAILWAYS,

IT

Brooklyn, N. Y.

anthorlsed by special charter to

Government and other securities.
Religious and charitable Institutions, and persons
unaccustomed to the transaction of business, wlfi
nnd this Company a safe and convenient depository
for money.
lllPLKV ROPES, President.
CHAS. R. MARVIN, VIoe-Pros't.

Interest allowed on daily balances
All deposits subject to ohook at sight.
Parti«ular attention to orders by mall or telecraph.

Dojilrablo

sts..

'-'*»»"

xohanaa
^k"
wTnt.

Y. Stock

Kiiij), jn.

•Ble of

Kxchango.

No. 7

A

Members N.

CrapB w.

real estate, collect Interest or dividends, receive
rwrtstry and transfer kooks. or make purchase and

irln.uU seonrtttes dealt tn at the

C.
J.

is

Clinton

."K ?<»"«' trustee, Kusrdian, ezeootor. or »d.
minlatrator.
It oan act u went In the Mie or msiuwammit of

on CommiMlon. for cash or on marNow York Stock

Sell

Company

*".

INTESTMEIVTS.

FIRST-CL.4SS

Financial.

The Brooklyn Trust Co.

Sons,

Sistare's

ir NASHAi; ST.,

Buy and

Finandai.

A. BOTTRICK,

Gwynne & Day,
(EstabUshed 1854.]

No. 45 IVaU Str««t

Trabsaot a general banking and brokera«« bnsl>
ness In Ballway Sbares and Bonds and Government
sconrttles.

Interest allowed on deposits.
Investments carefully attended

to.

THE CHRONK^LE,

&

Jesup, Paton
ta

BANKERS,
William Street, New

Co.,

Samuel A. Strang,
PINE STREET, NEW YORK,

30

BANKER

TTorlt.

Bays and

ness connected with raUways undertaken.

nu

;

Investment Seonritioe. All busi-

sells

N. T.

Beers, Jr.,

Gas Stocks,

bonds negotiated.
BrafU on
Bterllng exchange bought and sold.
thiloc Banlt of London.
railroad and mnnlolpal

No.

ice.

NEW

Exchange.
R.J.

KniBALL, A. B. LOUNSBBKY, F. E. BALLABD,
Members of N. Y. Stock Exchange.

BROADWAY, Rooms

80

&

37

CaJ Co.
BANKERS,

No

18 WAI.I. STREET,
New York.

,

Tmnftftft a General Banking Business, Including
thV?urchLS and sSe XsTcJCKS and B0ND8 for

cash or on margin.

Bur and

InTestment Securities.
BOX 2.647.

Sell

R. A. Lancaster & Co.,
BANKERS AND BROKERS,
66 BROADWAY, NEW YORK,

E.

C.

SOnlEEBN SECURITIES A SPECIAL! Y.
LOANS NEGOTIATED,
INTKRKSI Allowed on Deposits.
Georqe Stark.

Dealings In

Stocks

Insurance

J.

KINNKDT.

J.

Kennedy

S.

KlNNBDT ToD.

&

Co.,

MFRCffANTS,

No. 33

WALL' STREET, NEW YORK.

8

No.

DEALER

&

Co.,

L. Grant,

BROADWAir,

No. 145

CoLLBCT Coupons and Ditidbnds
ITBOOTIATB LOANS AND DRAW BILLS OF
;

KXCHANGB ON LONDON

NEW

YORK.

ties.

John B. Manning,
BANKER AND BROKER,

CITY RAILROAD
BOUGHT AND

State, Municipal and Fallway rouds and Conpon«
bought and sold at best market rate?. Investors or
dealers wishing to Duy or sell are Invited to communi-

cate with us.
Member of the

&

2G0 middle

m Government. State, County, City and Rail
oad Bonds, Bank Stacks. &c.
Deslrablelnvestment securities constantly on hand

WALL

STREET,

NEW YORK.

GAS STOCKS

OAS SECURITIES,
•TKEET RAILROAD STOCKS Ain) BONDS
AND ALL KINDS Or

BROOKLYN SECURITIES
DEALT

68 Broadway, cor. Exchange Place,
TRANSACT A GENERAL BANKING BUSINESS
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MAR.
GIN. BUY AND SELL COMMERCIAL PAPER.
P. O.

BONDS

P"^! At Auction.
9w UndendKned

hold

SALES

no.

REOUIjVK AUCTION

WEDNESDAYS AND gATUKDAYS.
Bo. 7

&

A^

soN

PINE STBEEl', xJEW YORK.

No. 305 Olive Street,
ST. LOUIS, no..
Government, State, County. Township
and Municipal Bonds, Coupons collected. Missouri
bonds a specialty. Foreign exchange boup:at and sold

Buy and

sell

new york.

New

BANKING HOUSE OF

W. Norton &

G.

CASB CAPITAL,

Bank

of Loudon (Limited),
l^ondnn.

Messrs, John Berenbenr, Uo»gler
Co,,
Uaiuburff.
Commercial and Travelerj Credits. Bills of Ei-

Wm.
And

'

change, ^^tbl"

Hickling
40

&

'

ransferg.

&

42 Exchanse Place,

Buy and sell all N. Y.

New

York,

Stocks, on 3 to 5 per cent marKin. Privileges at favorable rates. »50, 100 shares.
If desired, we will use our judgment in
selecting
stocks.
Opportunities constantly occurring for
uge proflts. Call or write for lulynaatloa.

»S00,O0O.

Fisher &
BANKERS,

Sons,

Dealers In Governments, Stocks

Bud Investment

Opposite Second St

Co.,

Co.,

LOUISVILLE, KENTUCKY,

York.

CORRESPONDENTS OF THE

Co.,

BANKERS AND BROKEr,S,

BANKERS,
Intck-natlonal

&

Keleher

F.

P.

Ruckgaber,

22 William Street,

Co.,

CINCINNATI, OHIO.

&

place,

&

Eustis

BROKERS,

SALTONSTALL.

Stooks, Railroad Bonds, Goverkmexts and
Miscellaneous Secitbities Bought and Sold.

of All cloeses of

H. mVLI.ER

« exchange

George

McLkllAN, Jr.

&

STOCKS ANn BONDS
ox
ADRIAN

W

Co.,
J.
STOCK AND BOND BROKERS,

Schulz

IN.

and

447.

O.
F. G.

KKfcBEN XELAND.

OAB QUOTATIONS IN THIS PAPER.

STOCKS

Box

D. A. BOODT.

D. Probst

AND

BTBK

So*

«^

Geo. H. Prentiss,

Street,

Dealers

BANKERS,

RAILROAD SECURITIES.

stock Exchange.

PORTLAND, MAINE,

York.

TIATION OP

New York

Swan Barrett,
BANKERS AND BROKERS

See quotations of City Railroads in this paper

FECIAL ATTENTION GIVEN TO THE NEGO-

17

City

SOUTHERN SECURITIES

SOLD.

Walston H. Brown & Bro.
BANKERS,
New

New York

No. 6 Wall Street,

STOCKS & BOM)!<

FBED. A. BROWN.

11 Pine Street,

Co.,

BANKERS,
CBDAR STREET.

In addition to a General Banking Busiaesa, buy
and sell Government Hoods and Investment Secarl-

All business relating to the Construction and
Bqolpment of Railroads undertaken.

BBOWN.

&

Oilman, Son

A SPECIALTY

XAILROAD mVESTMENT SECUSITIEa

H.

ALL KINDS OF

Southern Securities a Spkoialtt.

02

NASSAU STREET, NEW YORK.

H.

New York.
BUT AND SELL

WAL8TON

IN

Railroad and Investment Securities.

Stark.

Buy and sell Investment Securities foi cash or on
commission. A specialty made of Western Farm
Mortgages bearing from 7 to 10 per cent interest.
Will undertake the negotiation of loans upon
Western City property In large or small amounts

WILLIAM STREET,

No. 63

F.

BANKERS,
;

8.

John

George Stark

A SPECIALTY.
Cash paid at once for the above Secnrltlcj or
ney will be sold on commission, at seller's option.

JOHM

Simon B org.

Bought and Sold on CommlseloB.
Vtrainia Tax-Beceivaile Coupom Bought.

Bailey,

S.

AND
MISCELLANEOUS BONDS AND STOCKS,
No. 8 Wall Street.

RAILKOAD & MISCELLANEODS SBCl/KlTIiB

PINE STREET.

7

of Investment Securities

All Classes

DEALERS IN

Plrst-Claas Investment Securities.
A.M. KIDDSR. WAV-LAKn TKA8K. H. J. MOKSI GOVERNMENT BONDS, STATE. CITY COUNTY
HILL.
p. O.

W.

(LATE OF LEVY Sc BORG.)
DEALER IN

3S.

Office. Trot. N. Y.,
Connected by Private Wire.
in at the New York Stock
dealt
securities
ALL
Exchange bought and sold on commission and carried on a fair margin.
^..
,
INTEREST allowed on credit ,.balances.

Bbanch

Levy,

L.

STOCK BROKER,
No.

Co.,

No. 25 Nassau Street, New^ Yotk.
New York Stock

^__

YORK^

&

Kimball

J.

BANKERS AND BROKERS,

Boardman,

Lansdale

Son,

Thirteen Years* Membership in

NEW STREET,

1

^

&

Cisco

J.

BAJyKEES,
INo. 39 WALL STREET, NEW YORK.
RECEIVED
SUBJECT TO CHECK
DEPOSITS
AT SIGHT, AND INTEREST ALLOWED ON
DAILY BALANCES.
GOVERNMENT BONDS, STOCKS AND ALL
INVESTMENT SKCURITIBS BOUGHT AND
SOLD ON COMMISSION.

R.

BROOKLYN SECURITIES, CITY BONDS,

flommlsalon.

John
I

AND COMMISSION MERCHANT,

AecoanU and Agency of Banks, Corporatlont,
and Individuals received apon favorable term».
IHTldends and Interest collected and remitted.
coupons
Aci ai asenta for corporations In paying
•Bd dividends also as transfer agents.
on
Bonds, stocks and securities bought and sold
Sound

Financial.

Financial.

financial.

XXXI

Vol.

,

Securities,

32 SOUTH STREET,

BALTIMORE, MD,,

1

Have Western Union wires in their offices, by
means of which immediate communication can be
had with

all

commercial points

in

the country.

E.s-

pecial attention given to purchase and sale of Virginia Consols, Ten-forties, Deferred and all Issues
of the State, and to all classes of Southern State
City and Railway Securities. Correspondence solicited.

Jolt

3, 1881.

THE CHRONICLE

|

BoRton Kanken.

Financial.

E. Trowbridge,

F.

Co.,

E. E.

No.

CONGRESS STREET,

85

Collections

BOSTON.
I).

C

MEMBEUS OK THE NEW

msde on

all

parts of the United State

MAURY &

R. H.

AND BOSTON

Y'OKK

A. K. Wai.kkb. Csstal

BURBtrsB, Pres't.

First National Bank,
WILniNGTON, N. C.

BANKERS,

YOKK.

Xembtr 0/ tht N. T. Slotk Exehante,
BllANCH OrricK:
HATK.MAN A: CO., WAWIIINUTOX,

Soathem Bankers.

&

Brewster, Basset

BANICER AND BROKER.
37 \VAL,li 8TREET,

BROAD OK
NEW

No. a

ti

CO.,

STOCK BROKERS.

A Ueuoml Banking Bunlneiw TranHnctcd.

STOCK EXCHANGES.

RICHMOND, VIRGINIA,

Securities bought and sold on commission forcash
or on ranrKln.
AriTtinccs made on approved collateral at (be
mitrkct rate.
iM^Pd^tts received subject to chock at slfiht.
4 per oont tnlcrest iiDowotl on all dally balances.
Orders exccutiHl ut liondon. Sun Krunctscu, Boston, Phlhtdelphlii and MHltlnioro KxohiinKCH.
P. S.-My New Vork Weekly I' Inaucliil Uoport Is
mailed free of charae on apulicutlon,

ALSO,

Railroad Bonds and Stocks. Ac. VIrKlnia StntnTaxReceivable Coupfrns bouKbt and sold. All orders

CKARLZS SCTON IIENRV.

&

Henry
82

tlOWAIlD QILDKK

Vf.

Oenien

Kallrond

in Mnnlctpal, Stale,

itnd

Untied States Bond*.

&

Parker

Stackpole,

BANKERS,
No. 68

BOSTON.

CURHBSPONDKNCE SOLICITKD.

&

H. Latham

J.
lKVESTillE]«T
New York

Bailimorc Banker*.

baltiiHore.

SECL'RITIES,

Clilcnirn. CMni-lnnnll,
IjQUltt. DiHti'lct of C'Olnnitiin. and

Sr.

(ioverunicut Secnriileu.

WALL STREET.

2

H. Latham.

F.

Groesbeck & Schley,
BROKERS,
13

WALL

NEW YORK.

STREET.

Box

SethH.&H.B.Whiteley

GOVERNMENT

GERMAN

Orders for Stocks executed In Boston,
Philadelphia and Richmond.

New York

&

Co.,

BANKERS AND BROKERS,

BALTimORE.

PHILADELPniA,

and VIRGINIA SECURITIES a

'orrespondence solicited and Information furnished.
N. Y. Correspondents— McKim Brothers & Co.
8.

Whiteley, Jr.

Whiteley

£. N.

&

BROKERS.

BALTIIflORE, IHD.
Correspondence invited and

BANKERS,
14

Wall

.Street,

NEW YORK.

7* DevoiiMlUre

St.,

BOSTON.

°' Banks. Pankers.

Corporations
„„'i''F''','"'.".™°,"°''
and
Imlivldu4l8 upon favorable terms.
"""""'
^'"°<''"'<1 Investment
"""
SeeurltiM
"?"'''" "."O

at'}he''v "i''v^l'i'"n
attbe.Nsw
\ork. Boston and

WM. BALLOU,

GEO.

WM.

BINGHAM,
New York.

H.

ol

"" commission
f"'"
her .xihunKes.
I-

D. U. DARLING,
A. S. WEEKS,

Bomon.

Chas. A. Sweet

&

Co.,

full

information on

DBAt.eRS IN OOVEKNMKNT SECHRITIBS
Bute. City. Connty a nd Railroad Bonds.

&

Tower, Giddings
No. 83

&

P. Miller

Co.,

Special attention paid tocollectiona, w*ih prompt
remlttancesat current rates oi excnauKB on aay of
payment.
Correspondents.— German-American Bank. New
Tork; Louisiana National Bank. New Orleans; Bank

of Liverpool. Liverpool.

--\

Western Bankers.

&

P. F. Keleher
STREET,

Co.,

ST. liOUIS, IVo*

First>clasfl Western Investment Securities for
sale. St. Louis City and States of Missouri. Kansas,

Texas. Arkansas and Colorado Bords a specialty*
Full Information piven in reference to same on aoUcation. Coupons and dividends collected.

Leoxard Matthews,

Edwards whitaker.

Member

&

Matthews

N. Y. Stock Eich.

Whitaker,

BROKERS AND DEALERS IN
State, City, Connty nnd RU. Bonds Sc Stocks.
Orders receive prompt and personal attention.
Correspondents, Messrs. Maxwell & Graves. New
Vork City, and Messrs. Blake Brothers & Co., New
York and Boston.

&

John V. Hogan

Co.,

Street, St. Loals, Mo.,

dealers IX

Plitladclpliia

Bankers.

A. P. Turner & Co.,
BANKERS,
No. 20r Walnut Place, PHILADELPHIA.
Government, State, Municipal and [lailway Bonds
and Stocks bought and Hold at all the K ccnanKCS.
Investments prudently made in sound railway securities.

Collections proriiptiy attended

to.

Correspondents carefully represented at Auctions
and Private Sales. Bonds of Kood. but not wellknown railroads always wanted for investments ut
the best rates. Orders on marvins not entertained.

Soiillicrn

Bunkers.

Western and Southwestern Mnnicipal and Railroad
Bonds or Stocks.
Defaulted bonds a specialty. Choice Investment
securities Miwaya for sale, write to us before vou
buy or sell any Illinois. Missouri or Kansas bonds.

A. Prescott & Co.,
BANKERS,
Capital, ............ 860,000
TOPEKA, KANSAS.

Municipal Bonds and MortmiKe Loans Neftntlated.
EiBbt per cent Fiirm Mortfjaffcs a specialty.
A
' KNEUAL BANKING BUSINESS TRANSACTED.
Collections and correspondence receive prompt attention.

Coimi-spoNDK.XTS.— Boston. National Bank of
North America; New York, American ExchnnKO
National Hank and Ninth National snk; Clilcaeo,
Preston. Kean A Co.: St. Loui". Third Nations!
Ban* Kansas City, Hank of Kansas City and Mer ch ints' National Bank.
•

STATE STREET, BOSTON.

BANKERS,

solicited.

TBO8. P.HILLSR, R.D.WILLIAMS, JNO. W.UILLBB
CIIA8. B. MILLEH.

113 No Third

BANKERS
40

sell all kinds of Invpstment Securities
on commiHsion. Information furnlshedr

Orders and correspondence

M0RI8ON.

Morison,

financiui subject.0 furnished.

(iieo.Wiii.Ballou&Co

RIIIND,

&,

ST. LOUIS. MO.,

STOCKS, NOTES AND BONDS. AND DSALERS
IN FOKltlGN KXCHANGB,
Corner Sontli and German Streets,

BOSTON, MASS.

Bay and
outrlffbt or

'

W.

CONGRESS STREET AND
2 CONGRESS SQUARE,

HARRIS

STOCK AND BOND BROKERS,

305 OlilVE

specialty.

NEW YORK,

President.

respondence solicited.

STREET,

BALTimORE.

313.

INVESTMENT

OP ALL ISSUES.

No.

Box

BONDS,

OOMmSSJON ORDERS EXECUTED IS
BOSTON,

No. 7

P. O.

BRANCH,

P.

VBED. R. Scott, Vice-Pres't.

THOMAS
CO.,
BANKERS AND COM.MISSION MERCHANTS,
RICILMOND, VIRGINIA,

BANKERS AND BROKERS,

Wilson, Colston

IN

Mobtoh, Cub.

BANKERS.
IflOBILE, AL.ABA.TIA.

BALTIMORE

874.

No. 8

Foote & French,

JOHN

J. B.

GERMAN STREET,

No. 19
P. p.

.

RICHMOND, VIRGINIA.

Brown & Lowndes,
Thos.
BANKERS AND BROKERS,

Bo§ton Bankers.

BANKERS,
AND DKALK113

Lowndks.

C. D.

V

W. Pkrrt.

Br.\i8t Groesbkck.
Grant B. Schi.bt.
Members N. Y. Stock ExcbanKe

No

J.WiLLCox Brows.

VERMILTE A CO.

AUGUSTA, GEORGIA.

eansact a obneual domestic and foreign banking business.

i

FOREIGN EXCHANGE.
J.

Sons,

SOUTH STREET,

No. r

an

MERCHANTS' NATIONAL BANK,

BANKERS,

Co.,

rity.

promptly attended to
New York Correspondent,

State. Municipal

Informitlon on all classes of gontbern Securities,
especially State Bonds, Tax Coupons, Ac.
Cor-

&

Robert Garrett

Government.

BRANCH &

10.

STOCKS. BOND8 AND IMI!«CEL.LAKEOU8
MEt;UKITIES
BOUGHT A.ND SOLD ON COMMISSION.
Members New York Miuins Stock Kxcbange.

sell

Collections made on all Soathem points on best
terms; prompt returns.

DEVONSHIRE STREET,

Gilder,

BUOADWAV, ROOM

Buy and

Co.,

-

DEVONSHIRE STREET,

BOSTON.

Orders for Stocks.eiecuted In Boston,
Dd otber markets.

Campbell

& Schoolcraft,

STOCK BROKERS,
No, 1104 MAIN STREET,

RICHMOND, VA.
SOVTBEny SECURITIES A SPECIALTY
WM.C. COURT.VET, Pres. ERSESTH. l'RINOLE,Cssh

BANK OF CHARLESTON,
National Banking Association,

New York

CHARLESTON,

8. C.

8PICIAL ATTENTION OIYIN 10 COIXICTIONS.

;

C. F.

PKSZEL,

President.

J
(

STATE BANK.
Incorporated 18T5.

)

{

0. T.

WAIEMI

Cashier.

German Bank,
I,ITTi:,F

CAPITAL
siRPLis

ROCK, ARK.

(Paid-in)

873,000
as.ooo

Prompt attention Kiren to sU business in ourllne
N. T.COERESPOSDE.VTS-Donnell, LawsoD A Co.,
and tbe MetropoUtsD National Bank.

Commercial Cards.

Insurance.

Brinckerhoff, Turner
Co.,

OFFICE OF THE

Publicallon*.

&

VALUE OF

ATLANTIC

in

COTTON SAILDUCK
And

Securities.

Railroad
Air

Manufacturers and Dealers

Kll

klnls ot
\

CANVAS, FBLTING DUCK, CAR
COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, 4c., • ONTARIO" SEAMLESS

COTTON

AKALTSIS OF

BAGS,

"AWNING

/"*

\ r
r
MUtUal InSUranCC
\

STRIPES."

NEW YOEK,

Also, Agents

Debt; Interest Charges; and Earnings
In the Past Fdnr Tears.

XXXIIL

[Vol.

THE (CHRONICLE.

VUl

L/O.

January 25, 1881.

Tlie Trustees, in conformity to tlie Charter of
the Coiuiiiiuy, sulimlt the following Statement

UNITED STATES BUNTING COMPANY.
A full supply, all Widths and Colors, always In stock. of its affairs on the 31st December,
No. 109 Duane Street.
Premiums on Marino Risks from

MONTHLY RANGE OF STOCKS
AND BONDS

Georgje A. Clark

,

&

1880:

De$4,232,075 04
cember, 1880
Premiums on Policies not marked
1,495,947 23
off 1st January, 1880
1st January, 1880, to 3l8t

Bro.,

Total Marine

Premiums

$5,728,622 27

.

marlieil off from Ist
January, 1880 to 3l8t Decem-

Premiums

JAXUAJiT TO JUNE,

1881,

INOLTTSIYE,

AND T3M FULL TEAR

MlIiWAKD'S HELIX NEEDLES
400 BROADWAY, NEW YORK.

Keady July

1^-

Wright,
New York,

CONTENTS.

Four Years

Past, of all

Railroads which have Earned the Interest

on their Bonds.

Highest and Lowest Prices, Monthly—

BONDS IN NEW
1881,

and the

STOCKS IN

YORK—January

full

and the

fall

to

to July,

year 1880.

STOCKS IN PHILADELPHIA—January
to July. 1881,

and the

full

Works at Orient, L.
RICHMOXD, VA.

The

<tc.,
!.,

tor Export Trade.

and

Atlantic

&

"

$8,983,558 00
other Stocks
Loans secured by Stocks and
1,187,900 00
otherwise
Real Estate and Claims due the
470,000 00
Company, estimated at

Virginia

Cash

in

Bank

$12,608,356 71

Amount

PER CENT INTEREST on the outstand-

SIX

"ORIENT COMPLETE MANURE."
thrivins

workijiK atrent in every
cotton, tobacco. Brain and truck growlni! county.
Ap'>ly (with relerence) to

And want a Kood

G. CRENSHAW, PresU.,
CUENBBAW WAKKUOC.sk,
Rlflimond, Va.

thereof, or their legal representatives, on
after Tuesday, the First of February next.

THE OUTSTANDING CERTIFICATES

ary next, from which date

in

1880.

Price in

Red Leather Covers,

•

Toenbacrlbera of the Chronicle,

WILLIAM
79

*

B.

nWX

6l

$1 00
-

F.S .WIN STO N PR ESI den:
SSUES EVERY APPROVED DE5CR1PTIONO

.1FE

AND ENDOWMENT

01

MASSnS OVERS 80,000,OOC

W. H. H. Moore,
Lewis Curtis,

CO,,

Charles

Atlantic Cotton milii,
8aratOK> Victory nrg. Co., Ocean imiU,
Peabodjr ,«lilU,

AND

Hoalerjr. Sblrta and Draivera
from Various Mills.

W. IIAKTEK. ATTORNEY. Canton,
HBNKY
Oblo, conducts
classes of cases asalnst indlT.
all

tdaals, railroads MUd other corporations in both State

and U.

Uefers to C. Aultmun, Canton, o
Issao Harter A Sons. Canton, o.: Kountze Broe.
New fork Ex-Cble{ Justice Asoew, Beaver, Pik
8. Courts.
:

Sturgls,

Adolph Lemoyne,
Benjamin H. Field,

PARIS, 1878.

Josiah O.

E. Dodge,
Royal Phelps,
Thomas F. Youngs,

I

I

/(IS

Ihroxtghout the uorld.

t

Joseph Gillott & Sons.

Low

WilUam

Bin Celebrated yumhers,

303-40470-35 -332,
ami
other styles mai/ be had o/all dealva

C. A.

New Tork.

Hand,

John D. Hewlett,
William H. Webb,

NKW

YORK,
BOSTON,
WaiTI STREET,
IS CHADNCIY STREET
PHlLAnKLPHIA.
J. W. DATTDN. 24t CHESTNUT 8TR*ET.

Russell,

David Lane,
Gordon W. Bumham.
A. A. Raven,

Wm.

fflills,

II.

James Low,

GOLD MEDAL,

Charles P. Burdett

chronicle Volumes
WANTED.
Volume 1, 1863; Volume 10. 1870; Volumes 12 an'.
Volume 17, 1873; and succeedtnn Volume?
down to 1880. Apply at Publication Office, 7» & 81
WlUlam Str«et.
18, 1871

Secretary.

TKUSTEESs
D. Jones,
Charles Dennis,

J.

E.R.Mudge,Sawyer&Co
New

CHAPMAN,

POLICIE!

)NTERMS AS FAVORABLE AS THOSE
ANY OTHER COMPANY,
ORGANIZED APRIL IE'." 1842.

Commercial Cards.

Bllerton

H.

J.

75

AGKNTS FOR
Vrashlneton inillii, Ohicopee Hlfg, Co.
Burllnstnn 'Woolen r.o..

is

order of the Board,

By

WILLIAM STREET, NEW YORK.

81

thereon

declared on the net earned premiums of the
Company, for the year ending 31st December,
1880, for which certificates will bo Issued on
and after Tuesday, the Third of May next.

,

dates

Compared with Same Period

in 1881,

nRiCECOMH
OF NEW YORK,

years previously.

Railroad Earnings,—

all interest

The certificates to be produced at
payment and canceled.

will cease.

UUAiLlF

Boston and Philadelphia, up to July 1

RAILROAD EARNINGS—To latest

of

A DIVIDEND OF FORTY PER CENT

DIVIDENDS ON RAILROAD STOCKS
Sold at the Exchanges in New York,
five

and

the issue of 1876 will bo redeemed and paid to
the holders theroof, or their legal representaFebrutives, on and after Tuesday, the First of

the time of

and for

be paid to the holders

certitlcatcs of profits will

Dividends.

in 1881,

1,628.921 34
3 37,977 37

ceivable

" orient."

Ammohiatgd Bone Sui-ERRHOsrHATE of Lime,

year 1880.

viz.:

Bank and

Yorli Stock, City,

Fertilizing Co.

W.

$873,113 96

Premium Notes and BUls Re-

Ecreka"

AND

year 1880.

STOCKS IN BOSTON—January
1881,

FEINTS, DENIMS, TICKS, DUCKS, &c.
ToweU, Qnilts, White Goods and Hosiery.
Drills, Sheelinga,

Returns ot Pi-emtums and expenses

The Company has the following assets,
United States and State of New

OFFER THEIR STANDARD BRANDS

NEW YORK — January

July, 1881, and the

Boston, Philadelphia,

AND SHEETINGS,

to July,

year 1880.

full

Fabyan,

BROWN AND BLEACHED SHIKTINGS

A STATEMENT OF THE BONDED
DEBT, INTEREST CHARGES, AND
for

Losses paid during the same
$2,071,238 98
perioa

SELLING AGENTS FOR LEADING BRANDS

Value of Railroad Securities.—

EARNINGS

&

Bliss

$4,141,087 80

1880

ber,

1880.

J.

;

'

Horace Gray,
Eilnmnd W. Corlies,
John Elliott,
Alexander V. Blake,
Bobt. B. Mintum,
Charles H. Marshall,
George W. Lane,
Edwin D. Morgan,
Robert L. Stuait,

James G. De Forest,
Samuel Willetts,
Charles D. Lcverich,
W-Uiam Biycc,
V Jliam II. Fogg,
Pefir V. King.
B. Coddlugton
Horace K. Thurber,

Thomas

William Dcgroot,

Henry Collins,
John L. Biker.

D. JONES, President.

CHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d Vice-President
A. A. BAVEN, Sa Tloe-Presldent.

JULT

THE CHRONICLK

0, 1881.J

naumnce.

OFFICK,

10

Com pan)

Wm.

(ANNUAL.)

yPinyPlfth Seml-annnal Statement,

$3,000,000 00
Kenervo tor Unearned Premiums 1,931,'J73 00
289,!)86 16
Reserve for Unpaid Losses
l,639,'i« 98
Net Surplus
$0.8GO,.')05

14

Held In the United States, avallablo for tho PAY(if I.OSSKS by FIUK unit fvr tho jiroteo.
lli.n of Policy-Holders of KIRK INtlUKANCK:
t2.',B.lI« 87
Ouihln lliiiiks
Builds and niortKHuos, belnir tirst lien on

MKNT

1,8(11,808 00
real estiito (worth f4.V!(W.(>5())
t<tutes stocks liuurkct value).... 3,.'5m.OOO 00
Bank uiul railroad stocks (market value) 407.442 CO
11*2,700 00
State luul invinicipiil b'ds (market value)

1

AVOVSTA, OEOROIA.
Entire attention given to pnrchue of COTTON
OBDKK for BPINNKKS and EZruK'i'KI<8

.

COBKBSPOKDUIOI BOLIOmD.
Reference! :— National Bank of AagustA, Oeorgii

YEAR BOOK

CASH CAPITAL

sumniAnv of asskts

SS

1

HHOWINQ THK

CONDITION OF THK COMPANY ON TlIK FIRST
DAV OK JANUARV, 1H81.

OF

Henry Hentx * Co., CommlMlon Merchanli N< w
York; William B. Dun* Uo., Proprietors CoaM>«
oiAL AHO iTUAXOiAi. Cbsoiciulx, and otber Me*
Yoik Honsea.

INFORMATION

UCNltr

FINANCIAL

FOH

;

.

3iH,fl80
riO.oao

OS
68

CHAS. J. MARTIN, Prealdent.
J. H. IVASHBIIKN, Kecretarr.

Retrospect of 1880.
mercantile Fallnres.
Banklns and FinancialUnited States— National Bank

s>tcaaislii|>!>.

Fif^ures

and

Currency Movements.
Yorlc City— Batik Returns, Ac.

London— Money Market and Bank

Direct Line to France.

Kettirns.

CommercialUnited States— Foreign Commerce, Trade
Balance, U. 8. Exports and Imports of
LeadinR Articles. London-Review of

year, Bank Retiuus,
GENERAL TRANSATLANTIC CO.
Money Market—
BETWEEX NEW YORK AND HAVRE. TheInHuenccs,
and Prices

&

From

Pier (new) No. 42 North River,
Foot of Morton Street.

Special attentlCD paid to the execntlon of orders

Liberal advances

livery of cotton.

Mohr, Hanemann & Co.,
COTTOX BROKERS,
133 PEARI. STREET,
NEW

New York,

on Securities Purchased at

TOtJCHINO AT (JIDBALTAB AND HABCEI.ONA.
The following steamers will leave New York direct

United Slates Debt and Secnrltlea—

July 8
Beville
Jaly2S
F. 1)K LEJSEPS, Cant. Baque-no
Rates (,f Pas.-ugc— First cabin, flOO; steerage, *32.
ThroiiKli bills of lading issui'd to .Mediterranean
Ports, including Barcelona, Algeria. Tunis, Genua.
Leghorn, Naples, Messina; also, for Trieste and
Constantinople.

State Debtit and SecuritiesState Debts and Immunity from Prosecution
Prices of State Securities, 1860-1880.

itatlroadH

Agent,
BowIIdk Green.

No.

The New York Stock Market, 1860-1880.
Prices of Railroad Stocks, 1860-1880.

PiitoUcattWM.

|^~The

Greatest Living Authors
such as Prof. ITIax ITIuIler, Kisht Hon. AV. E,
Gladstone, James A.
Fronde, Prof. Hnzley,
R. A. Proctor, Edw. A.
Freeman, Pror. Tyndall
Dr. W. B. Carpenter,
Prot. (.oldwln Smith,

^

The Duke

William Black, miss
^^^iflrs.
Muloch-Cralk, Geo.

macDonald,

I*Irs.

Price of the Review, bound In cloth, - $2 00
To Subscriber!* of the Commercial > , vu
««
and Fiunucial Chronicle, - - - . ( ^
PoHtnse (^vhen Hciit by 31ail.) - • - i<2

WILLIAM

Ollphant, Jean Inge-

Thomas Hardy, IQatthew Arnold, W. H. mallock, W. U. Story,

loiv,

Tnrsuenlet, Carlyle, Huskln, Tennyson, Brownlu;;, and many others, arc repre'

B.

DANA &

CO.,

70

Jt

81 William Street,

New

Nov. 80 and Dec.
18,

28, 1878,

Keb. 28, April

with Supplement. Jan.

Sand

20,

Mar

17,

Sept. 18

and Nov. 1, 187«; also, INVESTORS' 8UPPLEMBNT
of February 22 and October 28, 1879. CHRONICLE,
January 24, February 7 and March 13, 1880. A liberal
price will be paid for Volume 1, Issued :n 1865. Apply at Publication Office, 79

A

81 William Street.

Littell's Living Age.

Cotton.
W.C. Watts. David Haswei.l. Chas.W. Watts

Sclontttlc. Hiotiraphlcal. Historical

and

Political In-

formathtn, from the entire body of Koreian Perl-

WEKKLV

$8 00 per year, free of
posta*£e: or fur »10 50 TnK Livi.vo A<iB and any
one or the American $4 Montlillca (or Jiurper'H
Weekli/ or lim n will be sent fur a year, postpaid
or fort« 50 The Livixo AGEand the .Vf. ^icUolaM
or Appleion'^ Oourual. or lApptncotVs Monthly. Adat

;

LITTELI.

Sc

CO.,

BoMon.

J.

slauuhteu.

Watts, Haswell

udiail I.lteruture.

Published

Thomas

A

THREE AND A QUABTER THOUSAND

Entire attention paid to purchase and shipment of
Cotton on order for Spinners and Kxporters.
Best of references furnished. Correspondene*
solicited.

36 STONE STREET,

Special.

&

Co.,

NEW YORK,

COTTON FACTORS
Watts, Ila«well ct Co. will make advances on Cot>
ton and other Produce conslffncd to them, or to W.
C. Watts Jt Co. Special attention given to the execution of orders fur the purchase or sale of Cotto£
in Llverpoolfor future delivery, etc.

16

C.

WATTS

Foulke,

Special attention tclven to the execution of orders
for the purcbttse or sale ol Contracts for Fatal*
delivery.

&

Parisot

Campbell,

VICKSBVRG, miss.
Orders to Purchase Cotton In our market solicited
itefer to Messrs WOOOWAitD A KTILLMAN

New

York.

&

John F. Wheless

Co.,

COTTON
UOiWllIISSION inJBRCHANTS
NASHVILLE, TKNNKS8KB.
Special attention given to Spinners* orders.

Corr*>

soltctted.

THE UROAViV
Cotton Gin Company,
NEW

Sc CO.,

BROWN'3 BUILDING, LIVERPOOL.

LONDON, CONN.,

MAKUrACTURERS Or TBI CCLBBRATID

Brown Cotton

Gins, Gin Feeders and
Condensers,

AND COMMISSION MERCHANTS,

W.

&

Bennet

coininissiON nERCiiAKTS,
121 PEARIi STREET,
NEW YORK.

Kkfxkkkces.— Third and Fourth National Banlri
am Hroprleiore of ThkChroniolk.

In 1881. TuE Livi.vo Age entered upon Its IhlrtyelKhth year, admittedly UDrlvalled and continuously successful.
weekly magazine. It tfives more

double-column octaTO pases of rcadlnK^ matter yearly.
It presents tn an inexpensive form. considorinK
its Kreat amount of matter, with freshness, owinfi
to Us weekly Issue, and with a satislactory completoness attempted by no other pnblieatton, the
be»t Kssavs, Kt-vlews. Crltlclnnis. Serial and short
Htones. Sketches of Travel and Discovery. Poetry,

160

sponuence

Bonted in the pages of

than

COTTON BROKER,
SECOND STREET,
mACON, GEORGIA.

No

York.

:

and

MERIDIAN, MISS.

Cotton Factors,

Chronicle Numbers
AV A K T E D
4, 11

Co.,

A. L. Leman,

PUBLISHERS,

ot Arsyll,

Tliuckcruy,

niOBILE, ALA.

and their Secnrltie*—

Railro.ul Statistics of the United States.
Railroad Earuinsfi.
Prices of Railroad Bonds, 1873-1880.

DF BEBIAN,

LOUIS

&

COTTON BUYERS,

Debt of the United States.
Prices of U. S. Bonds. 1800-1880.

and Marseilles, taking freight and

passengers:

CaLDKUA, De

Hughes, Carter

different prices

(without regard to date of maturity.)
Stock Speculation in New York.

OB*

FOR FUTURE CONTRACTS.

1870-1880.

Compound Interest Tabic, Sliowinft Accumulations of Money in a Series of Years.
Table Showing the Rate Per Cent Realized

YORK.

Special attention Kiven to the execution of

:iKRS

InvcBtmenis and Npecniatlon—

FOR MARSEILLES
for tiibraltar

Loans and

Production, Exports and Imports of Gold
and Sil ver in the United States and abroad.

to suit.

made on oon

itffnments.

Forelsn Exchanse—

;

amounts

of Call

Commercial Paper since 1873.

Gold and Silver—

Jliuket and Prices in

Schroeder,

or the purchase or sale of contracts for futnre de-

cfec.

Travelers by this tine avoid both transit by EnKllsh Railway and the discomforts of crossing the
Chai>nel In a siniiU boat.
Wed.. July 8, Noon.
t AllR A IX) U, Joncla
Wed.. July 13. 7 A.M.
ST. L\L'HKNT, ^crvan
Wed.. J uly 20, 1 P. M.
AMKRly U K, Santclli
PRICB OK PASSAGE. (Including wine;
To Havre— First cabin, $100 and fSO second
cabin, too. Steera«;e $2*1. IncludinK wine, beddioK
and utensils. Return tickets at very reduced rates.
Checks drawn on Credit Lyonnais of Paris In

SCHHOBDka

Wm. MOHR. U. W. HAXEUANK. CLEHIKSFlSCai

Kew

ONLY

tilU.IAT

111 Pearl Street, Netv Yorlt.

Investors.
CONTENTS:

t6.8B0,505 i

Total

WARI.

COTTON COMMISSION MERCHANTS,

Merchaiitf^,

118,083 15
61,982 Bl

11.

Ware

Bankers,
Brokers,

United

Loans on slocks, payable on denmnd
(market value »,')0fl.369 00)
Interest due on Ist January. 1881 ..
Baliuioe In hands of agents
Real esute

Felix Alexander,
COTTON BROKER,

Review,

Financial

BROADWAY.

Cash Assets

UE

'1

OP NKW VOHK,
1

Cotton.

PiibllcHUoim.

HOME
fnsurancc

ix

COTTON GINS FOR EXPORT.
uiRAH Pool.

Pool

BAHTLITT

&

8.

JOU.VSTOH.

Johnston,

COTTON COMMISSION MERCHANTS.
53

8T0NB STREET, NEW YORK.

ConalRnments solicited Orders executed at Cot*
ton Kxcoannei la M. Y., New Orleans and Liverpoo

THE CHRONICLE.
cnAB.

Woodward &

Stillman,

POST BUILDISO,
Cor, Exchadse Place, Hanover & Bea-rer HtK.
REAQ OP Custom Hocsk],
NEW YORK.

INMAN,SWANN&Co
COTTON
COMMISSION MERCHANTS,

New

01 Pearl Street,

SUtJllli^aN SECURITIES.

(Successors to R.

M.

WATERS 4

CO.)

COTTON COMMISSION MERCHANTS,

38

COTTON BROKER AND AGENT,
RUE DE liA BOURSE, HAVRE.

&

Dennis Perkins

W. &

H.

euted

Gwynn & Co.

Fielding,

H.

COMMISSION MERCHANTS,

New

3,909.

JOHN

&

CO.,

COTTON BUYERS,
MONTCiOSIERY, AL..\.
PCBCHASK OXLY OX OKSERS,

FOIt

sale

OF

Geo. Brennecke

&

Co.,

Now York.

COTTON FACTORS
Pblladelpbla.

St.,

63

BABCOCK BUOTHEaS & CO.,
SO Wau, Stbket.
hmSMAX, AEBAHAH A CO.,
Lkhmah, Dttbb & Co

commssiON itierchants,
EXCHANGE PLACE,

and Messrs, L. Rosenheim

E.

S.

A

&

Co.,

C

'fCTON

COMMISSION MERCHANTS
Noa. IG

ac

MOODY a JEMISON,

NEW

YORK.

Special attention glren to the Purchase and Sale
of ContracM for future detlTerr of Cotton.

&

H. Tileston
COTTON,

STOCKS,

|

New

8

SoBtb 'William

Office

Co.,

(3 WIL.U1AM STREET.
Ord«n In " Faturea" •zeonted at N.Y, Cotton Kx«h

P.

BLAGUEN,

54 William

St.,

New York.

Qomfneraai
Union

&

Co.,

St.,

New

ALFRED

CO.,

AND GLASGOW.

Also execute orders for Merchandise througn

FINLAY,

MUIR & CO.,

CALCUTTA AND BOMBAY.
CONTRACTS FOR FUTURE DELIVERY COT.
TON bought and sold on commission in N" v Y i

&

S8 Wall

GENERA I.
97

UOLVOKE, MASS.
Bankers' l/cdger nnd Record Papera.
Mnchinc Hnud-Mnde Papera.
Antique Parcbmeut Papers.
Plated Papers.
Bond Papers,

JAMES
45

D.

AGENTS
WHITinORE &

Wire Rope,
STEEL AND CHARCOAL
IRON of superior qualifej
suitable for MINING AND
HOISTING PURPOSES
iGulviinlzed t_:hHrc<^ftl and
BB for Ships' Rigging, busipen.sion

sired

NEW YORK.

A

constantly ou
hand from which any dekirge stock

lengths

are

cut

FLATSTKEL AND IRO»

Co.,

BROKERS,

>EARI. StREET,

Derrick

Bridges,

Guys, Ferry Ropes. &c.

oruera executed at N. r. Cotton Bxch'se

COTTO:!*

I3«

Inclined Planes, Transmission of Power. &c. Also.

Tainter,
COTTON mERCBANT

&

CO.,

BEEKMAN STREET. NEW YORK.

&

Geo. Copeland

Str<>^-

Whiting Paper Co.,

PEARL STREET, NEW YORK.
'

Manager

niiseellaneoua.

and Liverpool: also at New Orleans through Messrs.
Samuel II. Buck & Co.

Waldron

C^c.

PELL,
Kesiili-nt

York.

JAmES FIN LAY &

LIVERPOOL, LONDON

Ins,

(OF LONDON),

Galveston, Texas.

Advances made on Consignments to

Fntu B

BONDS, &e.
NEW YORK.

York.

GENERAL
CORimiSSION lUERCHANTS,

18 Bxchanjce Place,

POST BUILDING,

Esq.

MANAGERS,

COMMISSION MERCHANTS

No. 10 Old Slip,

nieaar*.

COTTON

ASTOK,

CHAS. E. WHITE, SAM.

?r

AND

Sons.

P. Billups

J. J.

Co.,

BANKERS

Oleatirs.

J.

&

Jemison

Henry Hentz

New York.
Orders execaled at me Cotton Eichanges In Ken
York and i.i,erpcol and sdraaces made on Cotton
nd otter produce consifued to cs, or to our corre• aondenu In Uverpool, Meurs. it. Newgass A Co.

:

SOLON HUMPHRKYS, Ch'r'n,(B. D.Morgan & Co
DAVID DOWS, Esq. (Uavid Dows & CoO
K. f. FABBKl, Esq. (l)rexel, Morgan & Co.)
Hon. S. B. CnlTTENDEN.
EZRA WHITE. Esq.

COTTON BROKERS,
BEAVER STREET, NEW YORK.

Uonteomerr, Ala.

LEHMAN BRO'S,
Cotton Factors
AND

Board of Management,

Established (In Tontine Building) 1840.

A C0HUI88W>!(

Kecelve consignments of Cotton and other Produce,
uid execute orders at the KzchanKes la Liverpool.
BepreseDted lu Mew York at the onice of

40

LONDON AND EDINBDRnU.
Cnlteil States

46 Pearl Street, near AYall, N. Y

1

Co.

Ins.

OF

COTTON liROKERS,
No.

York.

Agent.

British

Mercantile

James F. Wenman & Co.,

COMMISSION MERCHANTS,
17 Water Street, I.IVERPOOL,

OrleaQB, La.

&

New

ALEXANBER,

NSW YORK

Geo.H.McFadden & Bro
121 Cheittnut

$2,729,271 92
St.,

North

COTTON BROKERS,

B.F.BABCOCK&CO. WALTER & KROHN,

Mew

NET SURPLUS
No. 2 Cortlandt

COTTON.

new YORK

H. CLISBY

and

CONTRACTS FHK FUTURE DELIVERY

1,694,801 80
3,000,000 00

Capital

York.

Advances made on Consignments.
f

$7,424,073 72

unpaid losses
and re-Insurance fund
for

Liabilities

JAS. A.

AND COMMISSION MERCHANTS,

Place,

Post BoitniNo.

Farley,

FUTURE Contracts a Spbcialtt.

AND

IH Exchance

sale

133 Pearl Street,

O Box

COTTON FACTORS

&

OF HARTFORD.

FIMANCIAl. AGENTS
P,

Company

Insurance
Assets January 1, 1881

J.
COTTON FACTORS,
COMMISSION MERCHANTS,

No. 110 Pearl Street,

16

and

Special personal attention to the purchase

New

York.
street.
Orders for Spot Cotton and i'utures promptly exe

Insurance.

AKD

Co.,

COTTON BROKERS,
IIT Peart

Co.,

Special attention given to the purchase
of contracte for future delivery.

Hoffmann,

F.

Hyman &

COTTON COMMISSION MERCHANTS,
9» Pearl St., New York,

AND
18 William Street, New
INVESTMENT SECURITIES BOUGHT AND
SOLD FOR A Commission.

125 PEARIi STREET,
New York.

JETNA

NOBFOLK. VA.

Dancy,

York,

No.

HYMANS & DANCY,

Co.,

BANKERS

C. F. Hohorst & Co.,
COTTON
COMMISSION MERCHANTS
LIBERAL ADVANCES MADE.

LOANS MADE ON

&

BARBBTT,

Special attention given to orders for the purchase
and sale of Contracts for Future Delivery of Cotton.

SECURITY.

Graham

R.

Receive Consignments of Cotton and other prodnoe

York.

Liberal advances made on Consignments.
Special attention paid to the elocution of orders
for the purchase ir sale of contracts for future
deMvery of cotton.
_^^_

Jno. C.

JOHN

HonoRar,

F.

Cotton Exchange Building,

^

GENERAL COMMISSIONMEUCHANTS
LOANS nADE ON ACCEPXABLB

S, 1881.

Cotton.

Cotton.

Cotton.

(

[JULT

ROPES

Mining puN
poses manufactured to or>

JOHN w.

for

der.

riASON & CO.,

43 Broadway,

New

York.