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HUNT'S M E R H A >f,>^^^k A G A Z 1

x\

E.

REPRESEN1ING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE DNTTED STATE

VOL.

NKVV YOKK, JULY

15.

FinanoiaL

Jacob R. Shipherd & Co.,

Kountze Brothers,

BANKERS,
NEVr YORK, 24 Pine

;

for tliree. six, or twelve motitha, a very liberal dbjcuunt

be niaile.
AdvertlsenientB will have a favorable place when
flrc»c inserted, but uo proiiiliie of continuous pubHcatlon
In the beet place can be given, ua all advertUers inual
iiave equal opportunities.
will

W.\I.

11.

DANA &

CO., PnBLlaHEIiS.

79

&

81

William

8t.,

N. Y.

CHIC AGO, 164 22nd

FR ANKPORT-ON-THE-nAIN,
Bleber Gasse, 13.

Yorl! Bankera and Brokers
Bankers In ForelKU Kxchauge
Boston U-inkers luul Brokers
Philadelphia Bankers and Brokers
Southern Bankers and Brokers
\Ve.stern Bankers and Brokers

New

Loans. Investments,
Financial Notices

6S, 6«, 6^, *(
06. W, ti?^. 9i

liARGE I.OANS.
Tenns upon

ti6

TlfOS. P.

JAS. C. BKYXOLD9,

t*

K. D.

JNO. W. UILLBB.

67

68
67

RHilroada, Iron,&c

93,96

Insurance
Cotton

«,96

MILLER,
WILLIAMS,

&

Thos. P. Miller

Co.,

^

92, 98, 95, S6

No. 23

^?" For terms of Subscription sec
StU Page.

St.

Financial.

J.

UXIO.N

Nrgotute Orsl-clau

Secsrttlss.

MakK Cable Trmufera betwess Xtw Tork sad Leados.

Duncan, Sherman &Co.,

Baker,

Gilbert Elliot. Cashier

Prest.

No. 11 Nassau

Nciv Tork CU|r.

St.,

CtRCfLAR NOTES ASD CIRCriAR
Letters of Credit, available and payable la all lbs
PKlNCIPAL CITIES Of TIIK WcTkLD aleo iperUI
lasrE

;

credits for use In the United States,
Indies.

Canads sad West

Current Accounts recelred on saek (enns ••
agreed upon.

Francis Street,

raOBILE, ALA.
Wm.

DRAW TIMK AND SIUHT BU.La ON TBK
BANK OV LOXDON.

Telegraphic Traiufert of Money lo sad Iron Loadon, Paris, San Francleco, Havana. Ac.

BANKERS,

ttj

Steatnshlps
Miscellaneous Commercial Cards

¥.

application.

66,67

&c

Ntreet, N.

Pey Intereet on (Ully Oold and Carraafr BsImkm.

Having now established our own bonse In UKRwith nnsnrpused Coimecttons throughout

MANY,

Page.

New

Bankers, 12 Wall

Street,
Street,

Europe, we shall nfako a Leading Specialty of the
degotlatlon of Flrsi-Clnsa

INDEX TO ADVERTISEMEIVTS.

3ttH

Financial.

^btjcrtiscmentisi.
Ail\'ertJ«ciuenta will be piifillHlioiI at 'iO cents per
line for eaclUus<'rtioll. sptire bctliK mortsiired in anale
tyi)e, U Huea to the Inch wlicnik'tinitcorch'r.surc Riven

NO.

20, 1872.

may be

Agency of the
BANK OF BRITISH NORTH
A

ER IC A.

in

The Mercantile Bank

48 UTall Street.

OF N0RF01.K, VA.

Commercial Credlte letaed for tue In Europe, Chlaa.
Japan, the East and West ladles and Soatb AaMrtes.
•-•-also Circular Letter* of Credit for TrSTSlef*
In all parts of the World.
Demand and Time Bills of Exduacr, parable la
Loudon and elsewfiere, botlcbt and sola at correal

—

i

The National Bank-Note
Company,
(INCORPORATED NOVEMBEP.,

1859.)

Ensrravers oftUc U.S. Postage Stamps,
Bonds, Lesnl Tenders, aud
National Bank Notes.
PBISTIUQ 0» Ba!»K-N0TB8, CEKTIFICATE9, Drafts, State and Railroad Bonds,
Bills of Excuange, Postage Stamps, and
commerclal papers,

KSORATTSO

Ain>

In the highest style of the art, with all modern Improvements of value, with special safegvarax devised
by the company and patented, to prevent frauds by
photoer.-tpti!c and other modes of counterfeiting and
alterations.

All steel plates engraved and prinlted by this company are warranted to give thirty thousand good Impressions, without charge for repairs.

A variety of Bank-Note and Bond Paper, of superior
quality, always on hand.

OFFICE, No.

1

NEW

1VAI.I.

STREET,

YORK.

H. VAN ANTWERP, Pres't.
T. H. PORTER, Vicc-Pres't.

.T.

SHEPARO, Treasurer.
MACDONOCGH, Secretary^

A. n.
J.

Collections

made

In

all

parts of Virginia and

North

Carolina, and remitted for promptly.

rates, also cable Transfers.

Banking Co.,

Planters'
mACON, GEORGIA.

TRANSACTS A GENERAL BANKING BUSINESS.
Particular attention given to Colleniong on
accessible points, aud prompt returns made.

ASHER AYERS,
LAWTON.
B. L. WILLINGHAM,
JACKSON DeLOACH, (Dece'd.;

J.
J. S. SCHOFIELD,
S.

W.

M. Fakrar, Cashier.

W.

J.

B. Shattuck

Lawtos,

&

James

Pres't.

Co.,

BANKERS,

3

ITNION

BANK OF

I.ONI>ON

BANK'

COmifllSSION
Lock Box

3&i.

Young,

DEALERS IN
S017THERN AND

EXCHANGE, COTTON. BT^.
ParLlcalar attention Klyen to Receiving aid FOI-

VArdlog BaUs.

New Tork,

No. 8 trail Street,

NEW TORK,

Stocks and Securities Bought and Sold
at the New York StucK Exchange.

LOANS AND PAPER NEOOTIATED-INTEREST
ALLOWED ON DEPOSITS,
[^

ca

CONSOLIDATED BANK, LONDON
AND ON

miTNiCOB
KXCEANGB OS
J.

tc

CO.,

PARIS.

U>:<UUII

G. Harper
J.

AND PAKM.

&

H. Goadby,

AGENTS FOB TBX

Itoans NcKotlB**'.

NO.M EXCHANGE PLACE,

Co.

Issue nicular Letten of Credit lor Traveller*

raiSCELLANEOIlS SECURITIES,
Mo. > NEW STREET.

Dealers In
niERCHANT,
* nCNICIPAI, BONDS.
RAILROAD
Orleans
New

Will porchas*

&

It,

ALBERT TOCNe.

&

Us

BROAD STREIT

CO.. 90

John Munroe

AWD

Arents

paru of

all

Correspondent* In this Cllr.

MORTON, BLISS «

NEGOTIATE FIRST-CLASS RAILROAD AND
MUNICIPAL BONDS.
SEO. AREXrs.

Co.,

world.

Canadian

William T. Meredith & Co.,

Charles G, Johnsen,

S

Issue Traveler! CrCiUti arallable la

No. 23 Nassau Street, Nen^ Tork,
Dr.AW SIGHT AND TIME BILLS
ON TUX

dc

W. Tucker &

BANKERS.
RI7E SCRIBE, PARIS.

all

Directors.
W.

Demand Drafts on Scotland and Ireland, also no
Canada, British Colombia and Sia Praadaro. BUIs
Collected and other Banking Biulneae transacted.
JOHN PATON, Ageat.

Bank

of

Commerce,

No. 26 Exchange Place,
Bit

<m<l Sell

Sterling Exchange, and

BANK OF SCOTLAND, LONDON.

draw os

Uw

Also Irmasaet
otker banking buslneea, and give particular attcolloa
to coaverslons of gold and curreacr. P. O. Box «B1

)

THE CHRONICLE.

(5(5

New

14 Wall Street,

& Co.,

&

Andrews

AND STKULING EXCHANGE
of London.

& Co.,

Bankers, 30 Broad

St.,

Credits available in

Investment SBcnBiriEs and Gold.

Exchange on London,

New York

BANKERS.

all

parts of

Buy nud

&

Hope

Co.,

- - -

Amsterdam.

all parts ol

the

WILLIAM STRKET.

Dealers In Government SecV-ritles,
ty and Clly onds. also

av;iilai)lc lu all

snms

Co.,

WM.

TO State

Street,

A.

,

SECURITIES,

AUGUSTA, GA.

J

W. Wheatley &

.

AMERICrS, GA.

l

I-PARIS.

Do a general banking business. Cotton purchased
on order. Collections made and promptly remitted

\

all

parts of

n'cw York Correspondents

&C o.

Philadelphia Bankers.

National

First

WILMINGTON,
Collections

BSJamisoi^&.Co.
BANKERS,

PIITI-AOELPHIA.

respoDdeiits.

Alex.

M. l*etrlo Ac
London.

Co.

Co

<;uton

Tapscotr, Bros.

Sc
l.lverpooL

&

Trarsactaireneral Banktnir arm ?:xcUa!i(fe business
and Sale of Stocks, Bonda, GoM
nil Cinimlnafnn

iacludiutf Ptirchiise

m SOT'TH STREET. NEW Yf>KK.

E.

Measrs.

PKESCOTT,GRf>TK&CO.,Banker8,London,
W.

TARgCOTT &

Fliiladelplila

DEALERS

CO., Old Hall. Liverpool.

Orders for Governmen' Bonds, tocksand Merchanexecuted, nd Foreign Exchange and Drafts
bought.

G.

&

G. C. Ward.
AGENTS FOR

RAR(W<^ UROTHERS Sc COmPANY,
62 WALL STREET, NEW YORK.
38 STATE STREET, BOSTON

Joseph U. Orvis

&

'

BANKERS,
New ¥ork,

No. 96 Broad«ray,

Stocks, Bonds, Gold, Foreign ITIoney
and ExcUange, Bought and Sold.

CHARLES

Deposits received subject to Check.
Four per cent Interest paid on Balances.
Collections made on any part of the United States
•nd Canadas,

Commercial Paper Negotiated.

C.
,

3.

n.

OBERGE.

CIIA«

Cashier.
c. C.

HTDK

Pres't.

Flowekrkb. Obo. M. Klxim

Vice-President.

Mississippi

Edward C. Anderson,

Cashier

Valley Bank.

A BANK OF DISCOUNT AND DEPOSIT,
VICKSBVRG, MISS.
N. Y. (Correspondent :— Bank of the Manhattan

**n.

G. P. Curry,
Exchange Bank, Augusta, Ga«
Jr.

BANK BR, FACTOR AND

Merchant,

Sv.vannah, Oa.
Special attention fflven to consignments of Cotton.
Gold, Stocks, Bonds and Foreign and Domestic
KzchauKe, bought and sold.
Collections promptly remitted tor
Orders solicited for the purchase oi s^ies of Prodace
tnd Secnrltles. Prompt attention guaranteed.
New Torlr Correspondents Lawbbnob Bbos.A
:

HYDE.

President.

Southern Bankers.

Commission

«300.0C()
Treasurer ro sacure Circulation
and Deposits 500,000.

JOUN A. Klxin,

STREET,

TRANSACT

A GENERAL BANKING BUSINESS.

TITUSTILLE, PENN.,
Deposited with U.

Philadelphia.
BELL AUSTIN.

Si a' es.

attention given to COLLECTIONS, both In Columbus
and points In connection. AVlll purchase or sell staple
articles of Merchandise in w h olesale lots.

Capital

COMMISSION STOCK BROKERS.
J.

Co.,

WALNUT

the United

STOCK AND BOND BROKER,
Georgia.
STATE, CITT AND RAILROAD SECURITIES OF
GEORGIA AND ALABAMA a Specialty. Prompt

Austin & Oberge,
No. 313

mk,

H. Castleman,

GOVEltNMEST SECURITIES.

l>f

all parts "i

P.

N. C.

Second National Bank,

and Dulntb.

Stock, Note, and Gold Brokers.
INTEREST A LLOWRD ON DEPOSITS.

f'lzo

S.

Co.,

BANKERS,

I*^n- Sterling Kxcl.AUKe and demand notes in sama
o salt purchasers, oavnt*!.- 1 all lin irdi Gre-it f^niftin
and tr-uart, a >d available tor the Continent ol

Europe on

W. Cl^rk &

made on

Bryce

Colnmbns,

^tn.

C^.

— Messrs. Wm.

A. K. >*alkeii. Cashier.

K. B. Bdkbuss, Pres't.

ADVANCKS M.-vDE UPON CCNSIGNMENTa OF
COl'TO>J, and other Produce to Ourselves or Cor-

Co.,

BANKERS AND BROKEP.S.

•Oeo Cable transfers.

iJonntry Hankers can be supplied wltli Bills ol Ex
111 larfie or small amounts, on the principal
01' Enrone, also wlili Tiokels for f'aasaL'e IVom,
or to. E-iropp.bv tlie GUION LINK ol Mail Steamerp.

$200,000

Special attention paid to Collections.

to suit purcbaaers

cities

Planters

Cash Capital,

Boston.

& Co.,

&

NATIONAL BANK,

BILLS

Miti.ise,

Vlcc-Preo't.

Merchants

& Co.,

Notes available for Travelers In
Europe and the East.

Joa. S. HKaN
Cash'r.

T. F. liRANOH,

Pres't.

Co.

niarcuard, Andre

Assistant Cashier.
Baiik.

1

AND

ARMSTRONG, Cashier.

Chab. .J.Jknkiss,

Eichauite, and Commercial and Travelers
Credits Issued on

niunroe

P.

JNo. W. LOVE,

N.Y. Correspondent— Importers and Traders National

BANKERS,

New Vork.
COMMEUCIAL CREDITS

parts of Europe. &c.
in

&

BOSTON.

Street,

OF EXCHANGE drawn

JAS. ISBELL, of Talladega, President.

BANKERS,

tiircular

tlOO.OOO

Capital

parts of Europe.

Brewster, Sweet

In

WiLLlAMS&GuiONj
iSSUKD.ftvailahle

OF 8ELMA.

AND

Paris and tho Union Bank»i London,
sums to suit.
tuDScriptloa agents (or the Chrontclb in ParlB.

In all

The City Bank

Gold, State,

STERLING EXCHANGE.
drawn by Jay Cooke & Co.. on Jay Cooke, McCuUoch
& Co., London, in sums -nd at dates to suit.
COMMERCIAL CliKDITS AND CIRCULAR LETTK.liS K)R TKAVELLKLS ISSUED,

I'he City

Credits for Travelers in Earope,

WaU

STATE OF ALABAMA.

BOSrON.

Bank,
VLONDON.
Robert Benson & Co.,

N. Y.,

Exchange ou

fi3

Collections attended to with precision and dispatch,
and remitted for on day of payment.
The Collection paper for all this State and Florida can
be concentrated at this point wUli great advantage.

Cou

Bills of

IBBUK

I'UAVELLRUS ano

French,

No. T Congress Street,

Co.,

PARIS, liONDON, BOSTON.
19

&

Page, Richardson

worM.

&

Pald-rp Capital, - - - $1,000,000
INCORPORATED UNDER STATE CHARTER.

BANKERS,

DEALERS IN GOVERNMENT

Bowles Brothers

^
Savannah Bank & Trust

Gold, State, City, County and Railroad Bonds.

Commercial and Trarelera Credits
Available In

centrated at this point with advantage.
J^- All business attended to with fidelity and despatch.

Company,

Western City and Coun-

FooTE

& Co.,
WALL STREET,
ISSUE

tW

free of charge,

Brown Brothers
NO. 59

C.

SAVANNAH, GEORGIA.

bonds^

Negotiate First-Class Railway, City

Morton, Rose & Co., London.
HOTTINGUER & Co., ' - PaRIS.

sell

S.

Southern Collections receive especial attention
and remitted for promptly at BEST rates of Exchange.
jar" NOTES, DRAFTS and ACCEPTANCES due
and maturing In this or adjoining States can be con-

Cobb,

BOSTON,
ty

and State Loans; Make Telegraphic
Transfers of Money ; Allow Interest
on Deposits, and draw Exchange on

&

DE V O NS U IR K STREET,

34

Commer-

the World.

45 Wall Street.

Office,

Parker

Paris,

Cities of Europe.

AND other Continental

N. Y.

Issue -Circular Notes and Letters of
Credit for Travelers; also

AVAILABLE IN ALL I'ARTS OP THE WORLD.

SOUTHERN SECURITIES,

IN

CHARLESTON,

CuMMEItUIAL AND ClKCDLAr. LETTERS OF C'BEDIT
Ir»SLED,

Morton, Bliss

BANKER,
AND DEALER

Commercial and Travelors' Credits and Franc Exchange on PARIS.
Railway and other LOANS negotiated. Stacks and
bonds dealt In ou ('omiiiission.
interest ou deposits.

cial

Kaufman,

A. C.

BOSTON, IVASS.

Co., Paris.

Ou Vnlou Bank

Co.,

York.

TRAVELERS' CREDITS.
CIBCtTLAR NOTES

&

Kidder, Peabody

i

Sautheru Bankers.

Boston Bankers.

oreign Exchange'

Walker, Andrews

[July 20, 18:

Southern Securities "of cveiy description, viz.; UnCurrentBanlv Netes; State, City & Railroad Stocks,
Bonds and Coupons.
all parts of this State and
^^Collcctioua made
South Carolina, and remitted for on d^ay of collection
at current rate of New York Exchange.

Cubbedge

&

Hazlehurst,
aiNKKRS AND BROKERS,
MACON GA.

MaVe

and do a General Banking HCd
Brokerage Business.

LVIIecttonn

ttUFBK TO EAST BIVBR NATIONAL BANK.

,

:;

THE CHROXICLE.

July 20, 1872.J

Southern Bankers.
THE

67

Western Bankers.

Flnanoial Nottoei.

orriosor Tss LasAnaraar, ciu«rasiwTiu.si
Mutual National Bank, The Bank of California,
atwrnBi»vii.La.
i,a
OF
fHB COVPONS DIE ALGIST I,
COR. CALIFOR.SIA A SANSOMK
NEW ORLEANS.
KIIUT MOKTUAliK KIOHT rSU
Ib4., Jul; ij,

(

I

8TB.,

ItR, o( the

KOtTRCIIY.l'rosldent,

P.

ALIIEKT HALDWIN,

Vice Prtgldimt,

.lOSKI'Il

Capital.. $500,000

SAN FHANCISCO.

and after Uiat day

MnCIlKL, CoDhicr.

lauilt.. .91,000,000

I

N. b.
JESSK K. BELL.

NEW

IN

LOCTISIANA.

j. o.

W THREADNEKDLK

TION,

IN PARIS, Misses.

& Ins.,
...-• $238,000

M. Brandon,

J.

C WalUs,

McMahan &

CO

the East Indies.

In

HOU STON

Oriental Bank
otlier Asiatic

&

108

Co.,

110 Weat Fourtb Ntreet.

«c

CINCINNATI, OHIO.
Dealers In «0(.D, SILVER
HOVRRNiHRNT BONDS.
COLLRCnOIVS ni.tDE

and

at

all

kindi of

acceealUe

all

CHECKS ON LONDON AND PARIS
FOR 8ALB

OHN H. Daniels,

J'

President.

Cashier.

(Sacceu

BANKER,

Wilson,

>rs to fl.

Collections made and Remitted at Current rate*.
Money loaned for Investors oa :mpraved farms at tan
per cent Interest, payable semi-annually.

M. Moire,

BANKERS,

BRIAN, TEXAS.

Collections made and promptly remitted for current
rate of exchange. Corr'^snonflents:
Messrs. W. P. CON VEB->E & CO., New York.

;BEFEuB.NCES:
Bank of Auburn. N. Y.

Atlantic Nat. I'ank, N. T.
Nat. B'K of Vernon. N. Y.
I

I

StateSav'gs lnst.,Chlo'go

ayugaCo.Nat. U'k, N.V. rtata Sav'gs As<.,Et. Lonla
Cook Cou'ty National Hank, Chi ago.
I

SAFE INTESTltlENT

BAVKEliS.

FOB

Brenliam, Texas.
correspondents: Houston -l^lrst National BanK
a iWestoa— Ball, Hutchinus* Co; New Orleans— Pike,
Brother & Co.; Mew York— l)u an, Sherman & Co.
;

Capital,

Eastern

i

&

Baasett, Atty*a at Laiv,

Brenham, Texas.
KIBBT,

W.

R. Johns

TON BOSBVBHBe

&

Co.,

TEXASBANKING & EXCHANGE,

A GE N€

AN

li

IT

Adams & Leonard,
BANKERS,
TKBHINnS OF CKNTUAL BALLRUAD
Coralcana, Texas.
Morton, Bliss &
Ne\r York Correspondent
M. A. torn,
Late Fort

A

I

Trice.

&

Fort
.

Co.

0»0K9K W. JAOEBON.

I

Ten

per cent Interest (clear from

wherever desired.

E.

MOBBIS,

)

Illinois,

Late Cashier 1st Nat. Bank
OalUpoUi, O

.ilANK-KKS,

ITACO, TEXAS.
RKPKRXN0S8 AND COSBBBPOKOSHOa t— NeW YOrk
A Co., OaTld Oows & Co. Clnon.

Merchants National Bank.
Kew Orleans Louisiana NatlonBl Bank, Whelew «
ttMt Bftoicen. GtlTeeton T. B. MoMabaa A Co.
First National Bank,
:

;

expenses) paid

SANFORB,
Attorney and Solicitor

J

Ten Per Cent
with Undoubted

Interest,
Secnrltr.

We are investing for eastern p.irtles many thousands
of dollars per month, on hnproved properly In Illinois
worth lu every Instance, three limes the sniu loaned.
Our securities are very prolltable and pojiular, and are
considered the safest offered. We will loan any sum
vou may desire to Invest, he It large or sinall. \\ e can
refer to parties for whom we have loaned large
amounts of money, who have never lost a dollar of
either prtnclpol or Interest Ui this class of securllies
during the last fourteen years. Send far our book
" lUluols as a Place •( Investment," which contains all
necessary information. Address

WILSON

dc

Tons,

Dealers In Real Esute Securities

&

School Bonds,

Bloomlnglon.

Jackson,

WInilow, Lanier

all

References given to prominent persens In any large

ParchaBo and sell real estate, pay taxes and adjust
Titles, prosecatt^ Land and nioney claims against tb«
State and Federal Goverunieiits ; make collections.
Receive deposits and execute Trusts.

:

mPROTED FARnS.

city In the Unton.

AITSXIN, TEXAS.

nati

MONEY LOANED FOR EASTERN PARTIES ON

J. O.

JUBNS,

HVKaKTT,

Yusa, AprU It,

tff

im

{

taxes, has been declared on tbe Capita

May

of this Bank, payable on and after
will

1.

be closed from

this data

K.WILLSO)(,<

Redemption of Civil
Bonds of 1857.

W. M.

F.

1

WHEREAS, ON THE FIRST 1)A V OK FEBRrARY
isn, there was In tbe Interest and sinking Fend of
One Hundred and Seventy^ra
1S57 the sum of
Thousand Dollars (tm.a«l, whlrh was art apart for
ot
bonds
under the provlalons of as
redemption
the
Act of the Legislature of said State, entitled " An Act
to provide for the payment of certain eiinltable clalala
against the State of California, and to conlrx-l a funded debt for that purpose," approviil April jh. las*, aad
also under the proNislons of an Act amendatory of said
Act, approved April 27, IM)
And whereas, due and lecal notice thereof vaa
glven.andasufflclentamaiuit of BOob boada was sot
offered to cxhatut said Sinking Fnnd to a leaa amonat
than Ten Thousand Dollara
Notice Is hereby given that there la the sum of On
($140,900) In said Slnklnc Fund, now set apart to pay
and discharge tald amoont of bonda. Bombarsd a*
follows, to wit: eM, M, (iO,«n, (R, (S, t)4, vn, n^
680, an, <8S, «as, aM, «8, tto. wi, ids, tii. ns. tis, tm, 717
nS, 7ia, 730, T21, 722, 7B, 781. nt, 7(7, 738, 79*. 7», 711, 7a,
743,

Illinois.

Hewson,

STOCK BROKER,

Dtace No. ai West Third Street, Clnolunatl, Ohio
Beler to" All Cincinnati Uaaks. and Me«rt.LOC<
WOOD « CO., Now York,

7H,

745. 747, 748, 741, 730, 791, 7S9, 7SS, 7S4, 79S, 73(. 73T

TSS, 762, 7<S. 7«4. 7)5, 7(7, 7«, T74, Ti«, 780, 7n, 7SI, 7H, 711.
7W, 7M, 808. 806, 801, 807, 808, 80*. 810, 811, 812. Ill, 814,

(U

Ot. Mt, m, SM, Ml
>U. aaO, Ml. 801. Mt, Ht
being one htudred and ten bonda ol Oas
8*. MS.

818, 817, 818. 819. 820. 8X1.
833,

4IASSETT & BASSETT,

C.

New

DIVIDEND OF FOUR PER CENT

A

Hundred and Forty Thotuand Five Hundred Dollsn

County, Illinois.

Will

WllmlOKton,

&

Moore

Rl'HKiaL,

TRBAsrBT l)Ki*AaTaa]rr,>
Sackamkxto, May 1. Ifn. )

We

WEEMS,

II.

ftTATKor <'ALirna!<iA,

GiLMORE, DUNLAP

give special attention to collections on all accessible points.
DIRECTORS: W. J. Uutchlns, P. W.Gray, A.J.
Burke, Cor. Eunis, W. M. Rice, C. S. Longcope.

BENJ. A. BOTTS,

Tki>

eKDlng nt Ik*

cities.

points and remitted lor on day ot payment.

Texas.

(lie

Thb AaaaiCAX KxcnAaaa N atioxal BAaa. i

Ports.

Capital, $500,000.

M Wall sin^.

ihe Board of IHrf«tors.

UKO.

The Transfer Books

ow

ALSO,

THE CITV BANK OP HOUSTON,

No.

from

cl<nH.-il

London, Dublin, Paria.Ainstcnlam, Haigburg, Bremen,

Tbe Branches of tUe
at Hous KouK, and

,

K.

Naw York,

New

Butn

aad reopen on the 3d of May.
and ether leading European

Co.,

of

bill*

CORPORATION, LONDON

ATLANTIC CITIES,

F. K.

OAIiVESTON, Texas.

r.

Company

the (MHreaf Ibe I'niln)

el

transfer books will be

free

We have prompt and reliuble correspondonts at all
the prlnclnal points throughout this S'ate. and upon
all collections payable in uils City or Houston, mako
no charge lor collecting, and only actual charge upon
interior coUectious. Immediate and-prompt attention
given to all business entrusted tons. Refer to Nar.
Park Bank, Howes & Miicy, and Spofford TUeston &
Co., N. Y., ill Nat. liank, Boston. PlKe Lepeyre & Bro.,
S. O., Diexel & Co Phllu.

O

Iia> h.-rn drrlartd by Ikls Coat.
and after AClirMT 1st XRXT.

Foreign and Domestic Exchange,

Dealers iu

Sarles

Vork, will he paid

Clilna,

EXCHANGE FOR SALE ON THE

Baukem,

B. F.

uii

By order of

Special attention given to collections at all polntE
in tlie Stato, and remittances promptly made, without
ftuy charge except cu*>tomarv rates ol exchange.

And

«

t

IIALK PER CENT.
pany, payable

Issues Letters of Credit available (or the

on the ORIENTAL BANK

Lubbock. M. Quin, K. S. Jeiulson, M.W-. Baker, Leon
IHum, Oeo. Sclinolder, It. S. Willis, T. A. Gary, W. B.
Wall, Rob't. Mills, T. J. H. Anderson.

T. H.

ftj

DIVIDEND OF THREE AND A

Trust
ft

Japan, AustralUl, and other countries, authorUhig

Cashle:

GAIiVESTON.
.1.

( lanaiATi
lUlLWAT.

ISth Instant until Angiist td.

Bank

Texas Banking
DIRRCTOUS:

STREET,

MABCUARD, ANDRE

purchase of Merchandise

wallis, Vlcc-Pres't

alpuonsb lauve,

LONDON, THE ORIENTAL BANK CURPUIL\

This

NINTH NATIONAL BANK.

Cash Capital,

BAILKT, TtlMSm.

Htorkholdera holding Ccrtlncatra rrgblrrrd at

IN

New York Corrkspondent,

BRANDoy, Prea't.,
LAUVK, Secretary,

Mnn, Mew

line

I]

L'LcriLAaD, CoLi aat's,

J^

VOUK, Mkbhrs. LKES & WALLKII,
No. S3 PINK BREET,

PrcHidcut.

JAS. N. BKADLES, Vlce-PrCBldent.
.lOMRS, Cashier.
Particular attention Riven to ('olloctloiis, both In
the City mul all pointf* in cuiincrtloii with it. Prompt
retiiriiB uiude ut host rates of Kxcbimg'' nnd no charKe
made, exeeptiii^ tliat actually paid upon any distant
potiit. Oorrespondonce sollclleu.

o.

.So.

,

CuiviLAXi,, O.. July U, ire.

AGENTS.

KICHARD

M.

Agents,

will h* »aM as
JOKKit * HCHUY-

Tork.
J. B.

OF

NEW ORLKANS,

riaanclal

at Ihe ofllee uf

IXKIAITAIHiLls

Bank

National

$5,000,000

W. C. RALSTON, Cuhler

D. O. .MILLS, President.

__^

.

LEU,

....

Capital Pald-ITp

Strict attention Klven to Colk-rtlontt In this city and
In other parts of tile United states, free of cliarge, ex
cent such as may be actually paid.
Returns promptly made at tlu! current rate*) of Kx

change of the day

CKMT OOLO BOND* of Uil* Coupaay

KM,

Sat.

836, 828, 840, 8«1, 842, S4S,

887, 800 880,

Thousand (VlJiaO) each, amonnting to One Bondrsd
and Ten Thousand Dollara (9110,000), and nombers M4
e81,«9a,7»l,Si8,838,84<,848,aod8n, being nine boada
of Five Hundred DoUaia (tSOO) each, amooBtlBC ts
Four Ttaonaaad Five Hundred OoBan (•4J00), amt

nnmben 899,

(80. Ml. 883, ITS, 8TI. 7S, 7M, 7M, 7M, TM),
being thirteen bonda at Two Thoaaand Dellaia
amounting to Twenly-eix Thonaaod Dollars ($28,000), and making In tbe aggresau llw asm ol
One Hundred aad Forty Tbooaand Flva Hondred Dol

738, 784,

($2,000) each,

lars ($140,900).

And If anch bonds, so numbered above, shall not bo
presented for payment and cancellation wltbln tbraa
months from tbe expiration of this publication, whkfe
expires oa the 1st day of August, 1872, then sorb foad
shall remain In the State Treasury to pay aaddlaOaii s
such bonds whenever presented, and ihey will dra* ss
Interest after the 1st day of November, im.

F.

BAKHR,
PYaaiuist of State.

&

Taussig, Fisher

Co.,

BANK BBS.
No. 3S Broad Street,

New Tork.

Taussig, Gempp

8c

Co.,

BANKERS,

383 North Third

Gempp

&

St., St.

Louis,

Ho.

Taussig,

BANXKR8,

Salsbana No.

3,

Frmi>kr»rt.o«-Mal

.

THE CHRONICLE.

68

& Co., MIDJ.AND PACIFIC

James Robb, King
BANKERS,

WALL

ue

8

pan

all

ol

Europe, etc., iliionfb

CITY BANK,

I.ONDON.

HOTTINGVER d: CO..

-

-

PAHIS

-

Also COMMERCIAL CKFDITS nnd DRAFTS on
LONDON. PAKI8, and SCOTLAND.
ADVANCKS made on Con»l(tnment8. STOCKS and
BONOS Uousbt and ftold on Commliwlon.

Co.,

On oompleied road from Nebraska

PINE STREET,

City lo Uncohi^

arc largely in e.xccsa of the Interest on

all

PRICE

AND

90

We

IN'TKRKST.

as a prime security.

YORK.

the Uondn,

LOAN,

Free of Goverunicut Tax,,
cheerfully recom-

FOR SALE AT PAR.

Full particulars fur,

uished on appUcatlon.

Bankers, No. 14 Nassau

nkcra,
Receive the accounts of interior banks,
corporations and Meretiants,
Agents for the sale of City, County and [ ilroad
DoudB, issue Letters of Credit for foreign trav^

REGISTERED,

Ol!

NEW

with a rapidly increasing Imslnces.

KIDDER, PEABODV

TURNKR BROTHERS,

NEW

COUPON

Die capital of Nebraska, the net earnings of which

BANKERS,
27

guincy

RAILROAD C'OMPANV,
Bonds.
Gold
Cent
Per
7
SfiVfN Per Cent Bonds,

mend them

&

Winslow, Lanier

&

Chicago, Burlington

Mortgage

First

T U K K T

Letter* ol Credit fAr Traveller*

Available In

Finanofal.

Financial.

Financial.

B 6

LJuI^ 20, 13" 2.

Street.

Nev

45 W^all Street,

A-

CO.,

York.

:

N.Y.& Oswego Midland

Stieet.

IS

rapidly anproaehlng completion, and

TRAINS ARE

&

R. T. Wilson

Co.,

BANKERS AND COMMISSION MERCHANTS
44 BROAD STREET.
Liberal cash advances made on consignments ol
Cotton and Tobacco to our address also to our friends
In Liverpool and London.
;

Government

over

(and a Second Mortgage^
are ottered K"U SALE at

AND INTEREST.

85

We

regard these Bonds now as one of the cheapest
securities on this market, and with a better itrospect
for an advance in price in the future than any ollerlng.

Pamphlets giving

NEGOTIATED.

No. 10 IVall Street.
Government, State, Railroad and other
desirable securities, making liberal advances on
aanie, allow interest on deposits, deal in commercial
paper, funileti to travellers and others I>cttera oi
CredlL current in the principal cities in Kiii-ope.

CO.,

BANKERS,

MIDLAND

York.

BUT AND SELL ON COMMISSION
RAII.Tr AY STOCKS, BONDS A«D

GOLD,

The

op THE

BONDS.
on
York

85 and
and a further advance

We

JONES

con-

them one of the safest and most
investments offered lu this market for

believe

profttiible

25 Pine Street.

Gibson, Casanova & Co.,
BANKERS,

BANKERS,

Co.,

BANKERS,
53

WILLIAM STREET, NEW YORK.

Dealers in Bills of Exchange, Oovenimonts, Bonds,
Stocks, Gold, Commercial p,iper, and all Negotiable
Securities.
Interest allowed

on Deposits subject

or Check.

to Sight Draft

Advances made on approved securities.
ijpecial facilities for negotiating Commercial Paper.
Collections both inland and foreign promptly made.
Foreign and Domestic Loans Negotiated.

AU8.

J.

BBOWH.

WALSTON

H.

BROWN,

BANKERS,
New

69
Tortt.
SPECIAL ATTENTION GIVEN TO THE NEGOTIA
"v.-*!*
TION OF

RAILROAD SEOrBITIES

AT

luTestincnt.
WILLIAM E. DODGE, of New York, President.
SHEPHERD KNAPP and WILLIAM WALTER
PHELPS,

CORPORATE

JOHN

sell

Als o, Foreign Exchange bought and sold.

Trustees for Bondholders.

Pi-inclpal and interes* payable in Gold at the N<itlonall
City Hank, New York. We coutidently assure investors,
that these bonds are flrst-class, in every respect, and
wc recommend them as an entirely safe investment.
All securities taken at Board prices In exchange. Circulars and information may be obtained at our office.

I.OANS.

As Members of the Stock Exchange, we buy and
Stocks, Bonds, Gold and Government Securities.

J,

CISCO & SON,

No, 59 TYall
'

Marquand, Hill & Co.,
No, 3T \» ALIi ST., XEW YORIf

W o'o D

St„,

New York.

& Davis,

BANKERS

Members New York Stock Exchange.
Stocks, Bonds and Gold bought and Bold ou commis-

A^-D

elon.

Marquand

&

Hill,

BANKERS AND BROKERS,
No. 18 Bevoiisliire St., Boston,
stocks, Bonds and Gold bought and sold on commission ; CoUectiona made Business P aper Negotiated.
;

Augustus J. Brown & Son Robins, Powell
Ijiberty Street,

Cent Gold Bonds,

90 AND ACCRUED INTEREST IN CURRENCY,
Yicldlns About Nine Per Cent on tlie

STATE,
CITY
and ottaer

on the most favorable terms.

and BRITISH PROVINCES.

7 Per

Special attention given to the negotiation of

EXCHANGE PLACE.
STOCKS, BONDS, GOVERNMENT SECURITIES
FOREIGN EXCHANGE and GOLD bought and sold

SCHITVLER,

Land Grant Slnklne
Fund

EXCHANGE PLACE, NEW YORK.

RAILROAD,

50

INTEREST allowed on deposits either in Currency
or Gold, subject to checit at sight, the same as with
the City Hanks.
ADVANCES made on all marketable securities.
CERTIFICATES of Deposit issued bearing interest
COLLECTIONS made at all points of the UNION

First mortgage

Henry F. Verhuven & Co.

on Deposits.

ic

No. 12 Pine St., New Yorfc
FINANCIAL AGENTS OF THE COMPANY.

Houston & Texas Central Railway Co.'s

A1.I.EN, STEPHENS A: CO.,
SOLE AGENTS FOR THI3 LOAN,

33

Gold.

Interest payable quarterly in Kew York, free of
Government tax. and are Coupon and Registered.
Price, 95 and accrued interest, f- urther and full partieulars, \vith Pamphlets and Maps, furnished by us on.
personal or written application.

interest
is

BEAR

Eight Per Cent.

for sale

price has been advanced to

for the present,

MAKING LIBERAL ADVANCES.

No,

PER CENT

liOGANSPORT, CRAAVFOHDSYII.I,E
AND SOI^THWESTEUN RAILAVAY OF INDIANA.

one of the great roads runnins; from New
City— on the third largest road iu New York StateThe most desirable bond of all the Midland issues,
affording the largest income and promising the

SECURITIES.

&

00

GOLD BONDS

DEALERS IN ALL ISSUES OF GOVERNMENT

SOUTTER

PAYING

Security.,

FIRST niORTOAGE SINKING FlINiD*

years

No.

An Undoubted

BltuiulnouvIndiana.

Bonds,
AND 9X PER CENT ON TUE INVESTMENT.

\'.

templated.

New

ol'

More Income than CJoverninenc

greatest proflt.

VERMILYE &

Interest

tlio

r,>r

and Biork Coal

on

liad

BOlt'EN,

A T PER CENT MORTGAGE BOND

Btll

16 and 18 Nassau Street,

Ne«v Outlet

TIIEY

BANKERS,
Buy and

he

Convertible

W. n. FOSTBB.

LeonardjShe]don& Foster

may

BAMvEIiS AND BROKERS,
No 4 Wall St., N,

Accounts received and interest allowed on balances
may he checked lor at slKlit.
SHELDON.

&

tTTLEY'

Secarltlcs, Gold, Stock*

C.

full particulars

tpplicatiou.

and Bonds

W.

A

Per Cent. Convertible Bonds

riie 7

-which

W. B. LKONABD.

o

NOW RUNNING

nearlj' the entire length of 400 miles.

Bought and Said on Commission, and

I,OANS

A Desirable Investment.

Railroad

LONDON CORRESPONDENTS,

CITY BANK, Threadneedle

&

Co.,

BANKERS,

NO.

10

GoTemment

DEALERS EM RAILROAD
Keep on hand

a variety of choice bonds to suppij

investors, furnish bonds advertised

ou the market at

subscription prices, execute orders for
securities, gold

Govemment

and railroad stocks, and do a

GENERAL BANKING BUSINESS,

WALL STREET, NEW YORK,
Securities,

BOiNDS,

No. 31 Pine Street.

Gold, Stocks and Bonds

bought and sold ou Commission.
Deposits received and interest allowed.

C. D.

WOOD,

SAMUEL

(fonncrly of Vermllj-e

D. DAVIS.

<S

Co.)

AH
HUNT'S MERCHANTS' MAGAZINE.
[y
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

SATURDAY. JULY

VOL. ]5

CONTE^•r8.
— June 10,

6!)

.

Gold

the

Channels

Siiiiphesi.

Growth of

the Russian Railroad
„*>y8'eni
Current Topics
Reserves of the National Banks

18;2..

the

in

73

71

72

I

b. Securities, Gold Market,
Foreign Exchange, New York
City Banks,PhUadclphiaBanks
Li.

|

I

i

News

by the <iovernment
this the coin

'....'.

lions

THE COMMERCIAL TIMES.
Commercial Epiterao

83

Cotton

SSlDryGoods

BreagituBa...

8!

^\)t

I

I

Groceries
'..'
<)fl

Prices Current

91

all)rontcle.

Kinanccal CnnoNici.E is issued on Satur
morning, with the latest news up to midnigJU, oj Friday.

Against

of the Treasury are nearly 4S mil-

liabilities

comprising interest accrued, $40 0«7,738, and called

;

110

..

export

IK)

of

the

decline

tu3ityiiiljtcrlbere,aQu mailed toall otherB.foxolnslve of poetaee.)

under the recent act remitting over 50 millions of
These arguments, together with the anticipated

e venue,

taxation.

ciiig

Covxr.KoiAL »ND FiNADciAL Chbohioli, delivered by Carrier

Kor One Year
I'or Six Months
J he Chro^ iolk wiU

amount owned

.">fi,0«2,S08.

On this showing the surplus of Government gold on hand is down to $8,318,055, which is a very
small margin with which to face an expected decline of the
I

TEHMS OF BUBSCKIPTIOK-PAYABLB IK ADVAITCS.
Tas

which 32 millions are on depoait

more than

is t.o

tl>an

bonds, f6,77fi,ll4.

T«B Commercial and
dajf

t*8 millions, of

lower

is

July the cold balance was

1st

represented by coin certificates, »o that the

National Banks, etc....
Quotations of Stocks and Douds
Local Securities

Railway

the coin balatice in the Treasury

In the statement of

reported at

News

Stocks,

thit

Uiiual.

THE BANKERS' GAZETTE AND RAILWAY MONITOK.
Money Market, Railway

fact

KedeeminR

AsentB of National Bunks.
Latest Monetary and Commirclal
English News
Commercial and Miscellaneons

70

869.

in part found their hopes of manipulating the market for mn
advance of the premium. Some stress is also laid on the

THE CHRONICLE.
Wall Street Topics
General Prices and

NO.

1872.

20.

have had

gold,

of gold

price

took

place

advaice was

lost.

some influence in advan
week
but yesterday a

this

in

the

in

fac',

;

and

market,
it

part

known

well

is

of

the

that

the

.!.!."..!!!
6 00
for coin cerw mbtcribfrs until ordered dVscontimieiiby tetter. Treasury is amply supplied with gold
t- ttaqe UVScen.lt per year, and is paid by the eiibicriber
at hie own vosl-offict.
t ficates will not be presented for
WILLUM B. DAMA,
payment except to %
WILLIAM B. DANA ft CO., Pobllahera,
j3Hp» o. FLOTD, JB.
79 and 81 William Street, NEW YORK.
very small extent; and if they should be presented ai.d paid
be tent

;

I

^

(

Post Offiob Box

4.699.

t^ The

Publishers cannot he rcsi>onsible for tcmittancca unless made by
Drafts or Post-Omce .Moii«y Orders.
A neat flio for holdin:,' ciuTtjin numbers of the CnRo.>nci.E Is sold at the
ofBce for 50 cents. Volumes li.nnd for subscribers at
25.
The first and
second volumes of the Ciironici.e are wanted bv the publishers.

^S~

!

in

unusual amounts, new certiticatei cin be piid out as

as

may

gold notes are
so

Notwithstanding

tlieijui(-tiide

of business there are several

cies of tha
facility

Wall

encouragement

The

first

unexpected

the

is

weakening

foreign exchange and the falling off in the gold export

week

in face

of the decline

in

the

in

this

Bank of England reserves

is,

that

have Mr. Boutwell
plete

may

of course,
to

3, 18ft3.

fast

These

bo popular and useful, and their credit is

Treasury

points of special interesi challenging anxious discussion in
street.

now

established,

there

any

at

not

time require.

gold

off his

in

as the exigenStill

be abus-d, and

to

those clamorous
sell

no diHiculty

be

will

many of them

putting out and keeping out as

STRKET TOPICS.

W,ILL

well

May

he required under the act of

it

this

olTers

no

who would

agitators

surplus or greatly de-

il.

and the advance of its minimum rate to 3A per cent. We
An expedient for depleting this gold balance which has
have thus another instancs of the "discounting" of an event just been revived is the calling in of unother lot of Fivebefore it happens.
The expeclatian of a rise in the London Twenties and paying them off in goM. This scheme the
of interest caused our heavy coin exports of the last

rate

two or three weeks; and yet
powerful before
midable, and

export

An

it

is

occurred, has

followed

movement which
explanation

this advance,

it

now ceased

which was so
be so

to

for-

Secretary has
Syndicate,

been

urged

put

to

instalment of the

4^

or 5 per

by an abatement of the very Sevoral interviews are reported
had produced

of this result

is

in anticipation.

that a greater advance

than ^ per cent was expected, for money is
London, and at 3^ per cent the rate of interest

still

easy in

ington, a d after a

by the old

action

in'.n

who are extremely anxious

to negotiate

cent

bonds

in

another

Europe*

have been had in Wash-

to

thorough investigation

the project

of

Mr. Boutwell has very properly decided to attempt nothIn truth the time

ing of this sort at present.

is

very inop-

The foreign money markets are in loo unsetJed a
half of what it is here.
Whether a further advance is to be stite. The Bank ol England reserve is down to 23 millions
made or not, it is generally believed that we must sterling. The German Government has becun again to
continue to ship gold for some time to come, as our foreign draw gold from that institution, and the drafls for coin are
balances are heavy against us, and the foreign demand for likely to be larg<", as will bo seen from the letter of our
kinds

all

of

American

securities

is

dull.

decrease in the export

movement of gold

temporary remission,

to

i.i

is

only one-

Hence, the

probably only a

bo fcllowed by renewed activity

before long.
It

k

is,

we

siippose, in this expectation that the gold clique

portune.

London correspondent on

atiother

putting ol a large French loqn

circumstances

all

combine

very unpromising one
with our new

on

page.
the

Moreover,

to render the present

for the

Syndicate and for

pour» or fives

io

the

market, and other

Europe.

its

moment f
operations

Henoe

if their

:

THE CHRONICLK

70

been in other respects unexceptionable,' Mr.
Boutwell would have be«n precluded from accepting them. It
is said, moreover, that the terms proposed were not admis-

proffers had

same as

sible, beinp; substantially the

under which

those

No

the Syndicate operations were ^concluded a year ago.

have been published on

details
itself

point, as the pru,jos*l

this

has for the present fallen through.

[July 20

foreign exchange and of the stock bo.ird are

Next come

sion.

especially such as

comes

for

in

however,

Still,

compete with the

Afterwards the wave strikes real,

begins to rise;, and last of
labor

succes-

first in

forejgn goods, imported at gold prices.

Then domestic goods,
foreign.

872.

all,

share

its

the

in

the progress thus

which

estate,

or with us, usually
general

analyz d

earlier,-

inflation.

con-

not

is

Another topic of discussion is the condition of the banks. tinuous and steady.
Being abnormal, it is subject to many
The bank movements are very peculiar, and are believed to spasms and the movements of prices, like the tides of ocean
8Uj?gest indications of a verj active money market early in are made by a succession of mutual flux and reflux of rise
the fall.
Their reserves .ire impaired, although their depo- and fall. Thirdly, comes the time when, by a reaction in
sits are increasing.
One cause of this is the renewed flow the money market, the further rise is checked, and prices
of national bank notes to this centre. Thus the increase in settle on the new basis, whatever it be, which the amount
;

deposits

week was over 3^

last

millions, while the reserves

increased less than four hundred thousand dollars, so that
the reserve
of this

impaired by half

is

There

$562,100.

Another cause ciation of the currency

million.

week

It

noteworthy,

also

is

of

a prospect that the reserves are being

is

probably the bank statement to day

replenished, as

show.

t>

the loss of specie to the extent last

is

as

of currency and the extent of depreciation of the standard
of value may prescribe. Such are the three stages of depre-

will

the pie

illustrating

commercial nation

in a

First, a stimulus to credit and to every

peace.

of industry

;

time of

in

department

secondly, a rise of prices, gradually diffusing

over the whole domain of values; thirdly, a final set.
tlement of prices on a new basis proportionate to the expan-

itself

last week sion.
Now, the conclusion is that as no such series of
more than the loans. The difli- changes has been brought about by the alleged over-supply
culty of getting employment for the accumulating funds of gold coin, therefore no such over-supply or depreciation
which are attracted here by the payment of high rates of exists.
interest on deposits, could scarcely receive a more significant
Bnt is this inference justified 1 Suppose we concede that tor

thora

of the

market, that the deposits

loan

increased over three millions

twenty-three ye.ars, while 3,000 millions of gold have been

illustration.

coined and the currency of the world doubled,
has taken place in prices,

GENERAL PRICES AND THE GOLD SUPPLIES.

little

change

certain that no giaJual change

is it

Smith tells us that in Europe
from
the New World produced no
Has gold depreciated by the coinage of 3,000 millions of the vast influx of gold
though the mines of Potosi
after
1570,
dollars since the gold discoveries in Culifornia and Aus. effect on prices till
quarter
of a century. But when
for
a
prolific
tralia ?
This question was discussed by us last week, and had then been
we are reminded by a correspondent of one or two popular the change once began it went steadily on. Between 1595
objections to

" Gold,"

One

it.

is

it

of them

" has

said,

that gold cannot depreciate.

from

among

the standard of value

is

will

the earliest

nations

all

times been

and being

;

the

all

come

and 1620 silver

1636

In

Adam

hereafter'?

fell

to

it h-id fallen

about one-third of

former value.

its

where

to one-fourth of that value,

it

has since remained, except, indeed, there has been an incipi-

its own is unent change since 1848.
The persons who hold this popular error are
Now let us see how these facts correspond with the
by no means few. Though contradicted by history, it is increase of the gold supply. Down to the discovery of this
extensively prevalent, and in a more or less unrecogniz:!d continent in 1492 the average annual supply of the precious
and unacknowledged form has weakened many of the news- metals is estimated at three milli<^ns of dollars. This was
paper discussions and Congressional arguments which we the whole sum for all purposes, coinage included. How
have had in this country on the subject of specie payments. much was this augmented from Spanish Arnerica'? Hum-

world

over the measure of other values,

changeable."

No

fact in history

change

its

vals, in the

A

better established than thai gold can

is

value, and has done so, though at very rare inter-

commercial progress of the world.

second objection

that as

is

more than twenty years

issues of

that similar

history

when

combine

effects would
money, even of

in this

the currency

is

occur from redundant

Experience and

coin.

country and in Europe to show that

augnnnted

to the point of

First, a stimulus

lation

13

on

fully

given to

fatal

credit

loans,

is

of loanable

with

can

ca|)ital

ease

becomes
fever

so

gorged that borrowers

heat.

the

excitement

ment, prices begin

Many

rise.

occur, but the general tendency
ever, a peculiar order

jn

is

with

expanded,

Secondly,

from

lo

themselves

oversuppJy

mischievously

and

rampant,
to

The

kinds of enterprise.

all
is

ence of this excitement, and

wave

its

under

specu-

runs
the

fit-

influ-

very commence-

violent

upward.

fluctuations

There

and progression observed.

is,

The

how-

rising

of inflating price's does not strike all values equally or

the

AVEBAaE PRODUCTION IN AMERICA OF SILVER AND GOLD.

same

order,

The more

f-ensiiive

From 149210
.1
**

»

valuer

of

the

Annnal
average.

Date
1500

*!^„?Sl

3,000,000

icnnt.,lMS
1500 to 1515
,.,,.„,««,

..„«„V«rt

11,000,000

^-.-

..

J^^::Z:::::::::::.::::::::::::::::::.;:::

::

s::S::::::::::::;::::::::::::::::::-:::::::::::::::::-SS

redundancy

and depreciation, three successive movements are started
in various parts of the monetary and industrial organism.
current

plies of the precious metals as follows

;

issues of any kind of

,

no

happen.

possibly

generally relied on, and deservedly so, as
and he had access

statements
best sources of information, so that his
thoroughly
may be implicitly accepted on this subject as
He says that America yielded annual suptrustworthy.

The efTecls of redundant
paper money are well known and it is con-

supply can
tended

prices,

talked of in connection with the gold

is

is

to the

have elapsed without any violent convulsion of
such depreciation as

boldt's authority

his habitual accuracy is unquestionable,

During

world no doubt continued to

this period the old

late as 1800,
furnish as much gold as before, which as
by
is estimated
Asia,
and
Europe
of
mines
the
from all
dollars.
Humboldt at not more than five millions of

of the sixteenth century the
supply of
supplies from America had doubled the annual
Potoai
century
In the latter part of the

Consequently

silver

in the first half

and gold.

was five times as large as
centur/ ih) supply was
next
In the
before the year 1500.
century more than
eighteenth
the
six times as large, and in
was discovered, and

ten times as large.
said,

till

after

the su;)ply

Such

.\re

Potosi and

as

w have

supplies, there

was no

the facts

its

vast

perceptibl* iflfluenoe on prices,

;

and

.y

et,

The volume

.of

j

gold and

July

THE CHRONICLE

20, 1872.]

was annually inoreased five-fold for a quarter of.
government grant to a r.il«,ad
w.. wholly unknown,
but the volume of business grow with equal
Every mile of railway in Great
nritai,, ha, C.rii built
rapidity, and no redundancy occurred. But at last
by
when the private

silver

century,

I

change did occur

continued and went steadily on till the
value of silver became one-third of wiiat it had been,
and
afterwards sank to one fourth of that standard.
it

We

have

not space to pursue this argument further.
Enough has
been said to suggest that whether or not the supply of
gold
from California and Australia have been sufficient to
cause
depreciation in
a century has

its

way

nothing one

value, the

elapsed

allegation that

For

for railroad

effect

proves

a quarter of a century

construction, but has been «iven on
the condU
a fixed term of year., the roads, with
all

lion that after

tb«ir

properly and privilege., .hall become
the property of the
State.
In Kuwia, on the contrary,
no .uch .tipuluion
seems to have been made.

a quarter of

without any visible

or the other.

ent^rpri,..
In France and the other
count, I*, of
Contmenfal Europe government aid
ha* inde«<l b««n {riT«n

The government has no ambition
its

It

own

to

experience has not been favorable
has even by decree of 1870

and

railroad.,

to .uob

ownership

made over to a private comwas needful to develop the effects of the supply of
the pany the Great Nicolas
Railroad above icfctred to, which
mines of Potosi, and that interval of time has not
yet was owned and had been
constructed and operated by the
elapsed since the first gold discoveries of California
and government for many years.
The
aid given to railroad, in

Australia.

Russia

and

is

of two kind..

There

are, first, the

subvention*
bestowed for the construction of new roai.
;

grants

GROWTH OP THE EUSSIAN RAILROAD SYSTEM.

and secondly, the guarantees for
the operating expenm!
This
principle of guar.intee has been extensively
the world, except our own, has made such
resorted to
in British India, though we
rapid extension of its railroad facilities as the
hrve never had to adopt it to
Empire of
stimulate our railroad progress.
Russia under its present Government.
IIow heavy KuMJa haa
gave a short
found the burden of this one branch of !U railroad
time ago in The Chronicle some official statistics
subven-

No

country

in

We

on the
Russian railroads from the Compte-Rendu of the
Controller
of the Empire for 18G9. Two years' later
information
is

now

before us in the I)o)me.i Slatisques

Fer,

lately published

railroad

progress

officially

of Russia

regards the rapidity of

is

at

mr

Chemins de
Petersburg. The

St.

les

In 1851, the Great Nicolas railroad, from
St. Petersburg to Moscow was opened, and
though but 400
it

had been no less than nine years

in building.

The chief

disasters of the Crimean war were attributed
almost wholly to the want of railro?ds and to
the consequent impossibility of the swift movement of troops,
or concentration of military supplies on the distant
Black Sea frontier.
Immediately on the close of that war the construction of

the military network of railroads began, and
has gone on
with energy to the present time, though it is
still far from

complete.
tion,

of

State

At the end of 1866, 2,065 miles were in operawhich 560 miles were the sole property of the

the rest belonging to private

BUMIA— IMO-UTO.
PvKenUg*

Amount

Pkid under
Oumiotee.

Gnaranteed.

its

foreign capital.

miles long,

RAILROAD OUARAKTIW IH

certainly extraordinary as

development, as well as in other
These roads have been almost wholly built with

aspects.

tions upon its government revenue may be seen
from the
following table of the pecuniary reaulU of the guarantee
of
railroad expenses for the year :

1860.

1861

$17,495

$....

87«
9on

661,ai»

n8,i4ft

1862.,

4,a05,&l«

S,818,«8

1863..

4,SS1.98S

4,189.010

1864.

4,601,060

4,0Si,(»

186S..

4,604.085

4.074,960

1866.

5,170,055
6,118,900

8,n8.4a)
S.M«.ie6

a- 41

1867..

1868.

9,356, 1«0

1,601.916

1869.

14,014,080

«.14S,1«)

aou
»I0

1870

16,927,080

4,«60.165

H'OO

169,318,170

(31,618,480

.

Tot«l

of

Am't paid la
Am'lgiur'tMd

MM

aa-M
at-n

n

These figures show that while the amounts which the
Russian Government has guaranteed to its railroads for
expenses have increas d with the extension of the raiiroad
system,

still,

since the year

per-centage of pay-

18()2, th?

ments have decreased. Fram this we may infer that the
Government guarantees subventions and grants. During railroads are becoming ]e;s dependent and more self-supthe two following years about 700 miles of new railroads
porting in consequence of that development of traffic which,
were constructed, and on the 1st nf January, 1870, the total
even in a country so backward as Russia, cannot (ail to
mileage was reported officially at 7,044 versts, or
about attend the enlargement of the facilities for travel and trans;

companies, aided by

4,700 miles, to be increased to nearly 10,000 miles at the
end of 1873. The actual mileage opened for traffic in
each
of the four last years is reported as follows
:

miles; 1869,

688

September

1,083

miles.

1,

miles;
mile?.

In operation

1868,1,11)2

1870, 1,560 miles;
Total

of

previously to

1871

to

four

years, 4,523

1868,

3,182 miles.

Total

mileage September, 1871, 7,705 miles. Thus it
appears that the railroad network has been more
than

doubled

in

four years, and as

772 miles more were

to

be

opened before the end of 1871, with 1,300 miles more
under construction to be opened this year, Russia a few
months hence will possess 9,777 miles of niilroad, or nearly
five

times as much as in 1866.

lation

is

so sparse and

its

In a country

a growth of railroads indicates two things.
First,

such as

pay

its

it is

a forced and

we have enjoyed
expenses.

not

a spontaneous dsvelopment

m this Cjuntry.

Since

ISiJl

Secondly,

our railroad

grown

it

does not

network has

five fold.
But by far the greater part has been constructed without govemr^jent aid by the irw spontaneous
enterprise of the per^nle.
In England this spontaneous

growth h»8 been

»ti;^'i

tnore universal, anci

is

it

found that the pro-

portion of net earnings to the expenses cf the railroad,

The returns

i*

1870 were, for gross receipt.,
$46,278,196; on which the eitpenses were only f27,««8,810,
This
as profits.
or about 60 per cent, leaving $18,637,
two
before.
reported
year,
that
exhibit is much better than
Whether the improvement will be continued time will show.
increasing.

in

l''«."'

It is

no doubt due

in

part to the connections which arc form-

ing between the various lines formerly isolated from one
another, but now rapidly being gathered into one organized

network

of tributary

Still there is

whose popu- roads

industry undeveloped, so rapid

In confirmation of this

portation.

and trunk roads.

a large deficit to be

will be self-jupporting.

sian railroad system

is

The

made up

capital

of

th«

before

nil

the Rus-

about $750,000,000, on which sum

7 per cent dividends would require that the roads shoald
This capital
earn a yearly net average of $52,500,000.
includes,

be opened

however, the roads
this

considerable

still

in

progress

year; and of the linas already

portion are

in

imperfectly developed.

case the indirect benefits of these great

public

and

to

operation a
In

works

any
in

a

military and commercial point of view will be wll worth
government.
such a thipg as a all they cost the Russian empire and iu

THE CHRONICLE.

72
These indirect

supposed indeed to have

benefits are

too prominently considered in the laying out
tion of the roads.

the Crimean

It

beer,

and construc-

said, the disasters of

was as we have

treasury or in

New

discount, and

when

[July 20, 1872.
York.

Such bonds are not

war which first gave an impulse to railroad
The projectors of ihe trunk lines of such bonds. County taxes are to be
most of the subordinate branches since con' principal when due, and such bonds

structed, have never forgotten that the lailroads of Russia

are

And

military highways.

ment

necessity that govern-

the

aid should be given before

roads could be built

the

or operated has enabled the military bureau to control
(he routes of (he various roids as easily and effectually as
been wholly constructed at th« government

they had

if

The consequence of a similar set of circumstances in France is well kniwn to have been that the
natural highways of commerce have not always been followed
by the railroads, and the pro<pevity of the latter has thus
expense.

To what

been ob.trucled.
operating
reports of

and how
corrected
lines

the

to

intelligent

its

effects

extent

of

prejudice

travellers

this

and

may be obviated
is

nothing

may

be

roads the

merchants

difTer-

or are intended to be

by the usual expedient of

and extensions, there

principle

Russian

tha

in

branch roads, loop
the report before

us to indicate.

CURRENT TOPICS.
—

The New Railroad Laws op
the

last session of

their

Ohio. ^The laws passed during
the Ohio Legislature relating to railroads aurt

management, which have just been issued

be sold at a

Treasurer until evidence is furnished that a certain amount of
work has been done and materials delivered. If not paid out for
construction within three years, the Treasurer shall cancel all

building in Russia.

road and of

to

issued they are to be deposited witli the Stale

collected to

pay interest and

are a legal and vulid mort-

gage upon all its taxable property. When a scheme is approved
at an election, the county commissioners are to advertise for proposals for construction, and a road, before or after it is finished,
may be leased for a term of years to any responsible person or
company subject to ratification by the electors. The other laws
are less important in their provisions, and do not call for especial
notice.

The Cotton Crop

in California.

a staple product in the

warm

—The growth of cotton

as

valleys of California has been

attended with such satisfactory results as to encourage the belief
that, before many yeare", the production of the country will be
materially augmented by the supplies from that source. For the

small crop raised last year in Merced county the planters received
33 cents per pound, net it was bought by the woolen manufacturers of the immediate neighborhood. This year the crop will
;

probably be increased to about 1,500 bales, according to the

esti-

mate of the Commercial Herald of San Francisco, and the manufacturers who bought the product last year stand ready this year
to take much more than the planters will be able to furnish
them. With this encouragement it is reasonable to conclude that
the industry will receive a considerable impetus. The example
of the California Cotton Growers' Association will do much to
stimulate enterprise in this direction. Hitherto one great difficulty experienced by the small farmers owning land suitable for
cotton raising has been procuring sufficient seed of a proper
but arrangements have been made by whicli an abundquality
ant supply of the best Mississippi seed will be ready for distribution before another planting season. With the completion of the
San Joaquin Valley Railroac, now building, the industry. will

in pamphlet form
convenience of those whom they affect, provide for the
trial of several interesting experiments, some of which are promising but some are not. Amon? the latter we find one for the
regulation of freight rates, which is very similar to that in force
in Illinois, though but little respected by railroad men in that find new encouragement. Altogether the pro.spects of cotton
growing are encouraging. The planters have every advantage
State.
It establishes what is erroneously called the pro rata system, by prohibiting any diecrimination infavorof through freights of soil and climate, as has been proved by satisfactory experiand requiring the companies to accept the minimum rate for a ment, besides that of Chinese labor, which, on the Pacific coast
given distance as the maximum for any less distance. For vio- is cheap and abundant, and with the liberal encouragement now
lating this statute the companies are to forfeit from $100 to offered and the interest inspired by the Association, which is
in its power to popularize the industry, the expectation
$1,000 to the State, and to pay the party overcharged $25, or doing all
twice the amount of the overcharge, according to circumstances of a very considerable production for 1873 does not seem to be
prosecuting officers of counties being required to bring suit unfounded.
upon complaints sustained by satisfactory evidence. Another
Decision Affecting Insurance Companies. A case of some
act, " to prevent accidents by railroads," contains the somewhat interest to insurance companies and policy-holders has just been
unnec ssary provision that every loc motive shall be provided decided in the United States Circuit Court at Chicago. The
with a bell and a whistle, both of which are to be used in passing circumstances, we see stated bri> fly, as follows A resident of
level crossings. Should engineers fail to comply with this re- Chicago owned a building in that city which was destroyed
quirement, they are made liable to a fine of from $50 to $100, in the great conflagration of last fall; but, as his policy
and in case of death or injury to any one not properly warned by of insurance had expired two days previous, and the pre.
bell and whistle, they may be imprisoned from one to twenty mium had not been paid, the company refused to admit the
months, or pay a fine of $500, or both
Another act, which com. claim which he made upon them. The case was then brought to
for the

;

—

—
;

mends itself as sensible and calculated to lead to good results,
provides that receivers of railroads may sue and be sued in their
official capacity
that action may be brought in any county
;

the courts, the appellant maintaining that he had not been
informed of the expiration of bis policy by the company, as is
the usual custom, and asserting that the failure to serve such

through which the road runs, and service of summons shall be notice was, in effect, a renewal of the policy by the company.
legal if made upon any officer or agent of the company acting The jury, ho w»ver, found for the defendant. Motion was then
for this receiver that earnings in receivers' hands shall be first made for a new trial, on the grounds above mentioned, but the
applied to payment of expenses of the suit in which he was ap- judge of the Circuit Court held that the practice of the company
pointed that all judgments recorded against him shall be a was simply the voluntary granting of a privilege, which it was
lien upon moneys in bis hands that the receipts of any State not bound to extend to policy-holders that no contract could be
line, or such part of a line as may be within the State, paid over implied because of it and that to make a policy valid tbe preto a receiver, must be kept within the State in such repository as mium thereon must be actually paid. W^e do not see how any
the court may direct.
The act " authorizing counties, cities, other decision could have been reached on the facts as stated, for
incorporated villages and townships to build railroads and to the premium ought to be paid either actually or eonntructKely
lease and operate thom " reverses what has been the policy of before the company is bound.
the State for many years, and the most that can be said for it is
Union Pacific Railroad Con«pany._LAND DEPARTMENT.
that it has given a great impetus to the organization of comBALES.
panies and the construction of new roads which would not have May andJune, 40,735 85-100 acres, for
$171,356 62
Average per acre
4 21
bean built as private enterprises for a long time to come, if Land grant bonds canceled
46,000 00
Total
R.ales
to
June
1872:
30,
ever. It provides that any county may build a road or railroad
571,16» 711-100 acres, for
2,39P,410 55
and borrow for that purpose an amount not exceeding five per Average per acre
4 20
Lauds belonging to the compnny remaining unsold, 11,50^,830, 24-100 acres.
cent of the assessed valuation of its property, whenever one
LAND GRANT BONDS.
$10,400 000 00
hundred electors shall order an election to decide whether such Total amount issued
Less bonds canceled by Land Department
$1,022,001' (X)
an enterprise shall be undertaken or not. Only one such election Bought by trustees
251,000 00
$1,273,000 00
can be held in a year, and if a two thirds vote is cast in favor of
the loan, the county must issue its bonds within 60 days, bearing Leaving bonds outstanding
$9,127,000 00
LAND NOTES ON HAND.
At.
o
i
i
i
J
1.1
^
^1
not more than 8 percent interest, and payable at the county June 30, 1672, principal (interest not included)
$1,170,200 56
;

;

;

;

;

,

.

|

.

•

I
|

:

:

.

July 20, ldI2

.;

.

THE CHEONICLE.

J

7S

RESERVES OP THE NATIOSIL BifIRS—JUJIE 10, !«!.
Table of the State of thb Lawkdl Money Kkbeuve of the National Uank« of tub UifiTKD
reports of their condition at the cloeo of busineiM on

Number
of

Statss and Tebbitokiss, Banks.
61
Maine

New

liumpiihiro

>1

Vermont

ei

Connecticut

81

NowYorlc
NowJersey

330
58
166

Peuusyivania
Delaware

11

Maryland
District of

Columbia

Virginia
West Virginia
Nortii Carolina
Soutli Carolina

Georgia

Alabama
Texas
Arkansas
Kentucky
Tennessee
Ohio
Indiana

4,21ii,s7->

7
5
S
S7

1,900,.')79

19
133

7,140,590

Illinois

Michigan
Wisconsin

37
63
85

Iowa
Minnesota
Missouri

Nebraska.

Oregon
Mexico

New

.

Colorado

Utah

Wyoming
Idaho

Montana
Total

1,638

263,446

386
18 »
16 5
19 6

468,435

7,407,621
6,578,360
3,831,313
8,133,190
1,118,395
199,771
1,967,900
861,689
102,474
173,342

85
80

Kansas

l,016,(i89

901,598
2,097,6a3
1.111,148
t36,739
573,197
469,829
167,759
29,966
295,186
129,253
15,371
85,986
68,765

13,^4.554

$490,608,432

$78,591,864

$81,7M,299

$20,438,575
2,776,793
14,515,345

Louis

48
7
29
16
14
3
9
6
6
6
18
3
4
8

32,897,819
4,384,521
3.018,729
9,543,997

610,117
8,876,507
1,8:«,782
8,824,455
1,096,130
754,683
8,385,999

Total

175

873,092,451

61
1

CITtKS OF REDEMPTION.

Philadelphia
Pittsburgh
Baltimore

Wasliiu^ton
New Orleans
Louisville
Cincinnati

Cleveland
,

Detroit

Milwaukee
St.

t»TATB»
'
June, 1873.

m

•haws by ikm

1,221,241
1,561,728
7,056,08<i
6,973,43-1

81 6

294
838

7a8,6'ie

16.000

4.001,186

a«,sw

t,8n,i«s
1,4M,888

8Bu880
i5;db6
48^088

u>,ogo

1M,61«

to.ooo

VSSm
801.MT

4S8,8a
87.>,oai

881.081

wt,m»

416,518
406,07*

10,000
148.871

*I0^680
18,600

i4a.a8
4o,r»
114.01

.5,516

81 9

40,176

20 6
22 2
24
19 2

39,901
57,290

1
1

1,610,4,39

21 7

239

18,701

23 7
27

4,789
21,«)5
44,343

$101,821,657

18^606

4,660,479

488,110
166 000
8*7.778

1,7M

12

1

-

24
7
10
48
18

7
4
7

64,360

1

81,308
8,418

801, 4«t
088,783
3,687,851

S.4IMM

tjm

«.6*1,4M

8.188.«n
a.4B8.8m

1.181.816

1.16\406

l,08M«

M,000

(oi.sao
1,463,109
709,115
693,818

88i;,Bfr

I.87M88
8H.TTI
••4.8T4

401,6Tf

216

10 6e8
856

7

1,0»«.«»

162.936

31

10 937
42,352
62,662

M78.404

6,<01,0«3

n8,lS0

22

6.3,418

81l,«tl

6JM.MT

88.7M

71,725
44,677
10 758
40,849
31,663

486,109

DMftaM
•Mala.

2IM,8aft

19 6
18

284

MMMT'

$I,0at,4>T
46T,WII

68,781
136,708
108,480
94,188
I.88S
10,878
4,885
77.814
18,080
4e.8IM
11,818
86,011

286

ThTM ftt

C1««rlag

UOOBO
conlOaUt.

$21,778
JtloaB
30,948

5,763,551
3,849,922
1,270,171
3,089,757

1,277,393
903,830
846,641
817,762
24,096

teiKters.

lln.OU

106,08*

88,088
19,918
186,100
41,488
10,681
11,160
19,330

8»14«
S.M1
t46.9M
1,M7

$1,890,232

$41,496,661

$806,000

tnjmMt

$l,649,a39
8,359
134,151
38,677
128.642
16,661
170,672
498
64,641
8,488
116,029
1. 197
6,238
29,332

$8,908,316
1.416,100

$915,000
89,000
900.000

$l«,88*.l«
i,4io.n»
4.«».8a6

90,000
80,000

I.-68.I88
1,748 OM
486.18*

308

(•)

Boston
Albany

ClUcago

17 9
30
18
23 «
19 8
23
19 4

1,810,687
836.868

783,509
796,981
867,312
568,653
631,834
69,oai

Spad*.

8

6n,.\31
102,708

5,1,59,155
4,0.37,752
.3,599,168
1,760,0.37

36,918,346
23,994,453
1I,7;«,583
6.010,635

211

1,439,2:10
7.13,940
60.3,424

280,494
53,880
1,016,748
1,071,089

.34,394.:jfi((

of

Unl

to
iahilitiei
19 6

20 8
23 8

00.5,525
28.5,086

6,77S,.t38

100
64

7,8.36,982

15,068,808
6,409,548
9,969,361
683,950

581,882

1,869,963
353,514

84

11.190,947
8,759,765

.3,134,564

43.3,330

C84,rlS
9,738,202
5,Q26,268
4,033,829
3,546,550
4,036,837

9
6
10

8,374,7M

2,8*1,17:!

1

17

1,480,73;(
1,785,131)

5I,.3«I, ..Vi

19
23

1,058,586
1,498,338

6,007,»46
11,5»I,319
4,178,388
7,705,468

d»y

cent of
roicnro

(1,940,787

87,855,7!t8

Iftth

•cr

Reaer\'e
hold.
$2,632,087

liabilities.

9,988,893
55,831,694
20,830,436
.13, 386,307
77,374,1(n

IQ'i

Kbodolaland

re([uircd 15

per cent, of

(18,9ikl,178
7,023,905

41

Mastfttchusctta

Reserve

Liabilities
to be protected by
reserve.

Monday the

NewTork
SanFrancisco

11,107,171
58,061,;i81

17,599,215
21,855,801
8,75T,884
9,430,635
8,4)0,470
11,506,030

$22,373,769
3,904,551
18,231.324
4,565,648
6,752,257
963,784
2,564,637
&31.6&1

4,.39»,804
5,313.9.50

689,316
2,.357.656

3,23:1,281

274
85 2
81 4
25 9
27 1
84 9
27 2
25 9
28 1

8,><61.688

1,678.888
2,655.883
890.244
1,108.667
380,646
1,841,100
960.000
6,692.615
667,710
465.498
1,409.10<

8,366,000
°

Vsb'oob

1.185.18*
1MI.18*

ijmjm

1,783,832
9,655,635
1,195,448
807,431
2,936,059

343

68,873,113

78,698,153

288

2,364,625

86,830,108

3,496,000

1,116,000

225,156,173

56,289,(M3

65,685,034

29 1

15,101,393

41,113,641

8,596.000

676.000

1,149,678

887,419

492,848

428

490,833

1,510

7,.335,129

39 4
87 8
26 7
80 8

10.000
16,000
10.000

801.8*4
8,818,081
506.641

76,000

1.'

83.8*8,4*8

•Reserve required, 25 per cent.
GlIilNUiJlS

TUB RGOEEHING AGGNTS OP NATIONll.

l^

HUL

Catest Hlonetars an) (Commercial (Snglial) Neisf

The

followinjf are the chanj^es in the Redeeming Agents of
National Banks since the 11th of July, 1872. These weekly
changes are turnished by, and published in accordance with, an
arrangement made with the Comptroller of the Currency

RATE9 0F BVCHAN6B AT LONDON, AlfD ON LONbOM
AT LATEST DATES.
EXCHANQB AT LONDON—

HAXE or BAHK.

JULY

BIDIIHINO ASSMT,

The Exchange Na- The National Park Bank of New Tork.

^rgl
Noorfolk.

approved in place of the National
City Bank of New York.
The Kansas City The National Park Bank of New York,
National Bank.
approved as an additional redemptional

MissouriKansas City.

The

First National

The Fourth National Bank

Bank.

of

New

York, approved.

Neiv National Bauks«

The following is a
the 11th instant, viz,
Oiflcial

list

of National

Banks organized

since

No.

8,011— The First National Bank of Kansas,

Illinois.

Authorized capital. $60,000;

paid-in capital, $35,000. W. O. Pinnell, President; W. F. Boyer,
Cashier. Authorized to commence business July 13, 1873.
2,018—The First National Bank of Belle Piaine, Iowa. Authorized capital,
$E0.00O ; paid-in capital, $50,000. D. W. Read, President S. S. Sweet,
Cashier. Authorized to commence business July 13, 1872.
1,018— The First National Bank of Carthage, Missouri. Authorized capital.
$50,000 paid-in capital, $30,000. Jesse Thacker, President ; David S.
Thomas, Cashier. Authorized to commence business July 10, 1873.
;

;

—We

Amsterdam
Antwerp

. . .

DATB.
Jn)y

short.

5

Paris
Paris
Vienna...
Berlin

short.

IX

7X

hort.

15.40

Smoi.

iit!ie

„*.»
tbort.

•

Jnly

Hay

.

Havana....
Rio de Janeiro

5.

10.

May is.
Ma* 17.

Bahla

Aprfi

Valparaiso...

Pernambaco
60 days.

44.

SO days.

Bullinger. Bombay
Madras

Calcutta
80 day«.

M.

80 day*.
90 days.
lOdairt.

M.

Jane

11.

June

17.

4<. 6d.

Hong Kong..

Sydney

13.

3 month*,

New York

Singapore....

11

15.40

3 DOS.

Frankfort
St. Petersburg
Cadiz
90 days.
Lisbon. ..
8 months.
Milan
Genoa.
Naples ....

Jamaica

KATK.short.

8 months,

Hamburg..

Shanghai
Ceylon

have received from the publisher, Mr. E. W.
75 Fulton street, a copy of " The Monitor Post Office, Banking
and Shippers' Guide," for 1872. This book contains a very complete directory of Post Offices in the United States, with the
salary of the Postmaster in each case, and a Guide for freight
forwarders and shippers to all important points.

XZCHANOI ON LONDON.
LATnr

ma.

Bank.

tion agent.

Colorado Ter Georgetown..

6.

6 mo*.

1

«0*K
percL

m

M.

1«. 10;<a'.

Jolr 4.
U. lO^d.
U. lOll-lOd
U. lOfi&ll-lM Jiiiir"4.
per cent dls.1

U. U'lltd

H

LProm oar own oorreepondest.

|

LosDON, Satardar, Jnly 8.
week haa been brilliant, and

The weather during the past
—The convertible bonds of the Midland Railroad are offered by
Messrs. Allen, Stephens & Co., bankers, 25 Pine street, at 85. The consequently the trade for all descriptions of cereal produce haa
price was accidentally stated in the last issue of The Chronicle been very slow. The decline in prices has not, however, been
The important, owing to the limited stock* here, and to the small
at 80, as they had previously been Belling at that price.
agents consider these bonds as the most desirable of any of the
afloat.
A downward tendency is nevertheless apparent
Midland issues, and refer in their advertisement to the several quantity
bat evon now fine white wheat command* a* mnoh as 62*.<S€l8,
c^aalitles which render them an attraotiva investment.

:

.

per quarter. The effects of tlio fine hot summer weather are
already be-^inuing to sliow themselvts on tho wheat fi<^ldB, the
color of which is somewhere between green and yellow, so thai
the ripening process has clearly commenced. The harvest, however, will be late, for in the northern counties the

yet in ear.

Such weather as the

plant

not

is

present, however, will bring the

weeks to harvest
even in the south, and consequently by 'hat time the end of July
will have been nearly reached. With regard to the yield, there
is nothing to justify an alteration in the statements which have
already been made, that even tine weather cannot produce an
average crop. The winter and spring were too wot to admit of
the hardy growth of the plant, while during the period of bloom'
ing considerable injury was sustained by the heavy storms which
plant on rapidly

but

;

it

The number

prevailed.

will probably be three

of grain laden ships, eastward

of UiLi-

only 123, against 3D0 at this period last year.
the Continent the accounts received regarding the wheat

raltar, is

A

crop are favorable.

satisfactory result

is

anticipated, both in

France and Germany and this circumstance has naturally productd great quietness in the trade. The following are the stocks
;

made up by the

of grain, &c. in the port of Liverpool,
of the Corn Trade

Association

June

.90,

There is scarcely any alteration, however, to notice in the
value of money the Bank rate remains at 3 per cent, and
although a better inquiry has lately sprung up, the open market

—

rates

show very

from

alteration

little

week.

last

Annexed are

the Quotations
Per cent.

Bank rate

Percent.

1

3

Open-market rates
30 and 60diys' hills

4

mouthsMjauk

hilla

3

3,163
32.067
40 2.n
12,018

Beans
Peas
Indian Corn
Flour

stock of wheat

Loads.
Sacks.

82,267

Barrels.

2!l,302

381.285
4.0!)3

3,011
6.(M9
56,164
5,007
125,807
10.181
62.364
60,053

18,c.»4

5,725

9.j,454

Oatmeal
Flour

31,
1872.

6.5,754

9,561
34,713
109,817

4,80<i

very light as compared with either March,
and yet the general estimate only
reached 350,000 quarters. Flour is also exceedingly small, whilst
all feeding and oat stuffs, such as Indian corn, beans and peas,
is

last

year,

®.3X

6 months' bank bills
3)i^J)i
4 and 6 mouths' trade bills. 3M@4

Vi(»i''
Vi'&'i;

3 mouths' bills

The rates of interest allowed by the joint stock banks and
discount houses for deposits are subjoined
:

,

Per cent.

.

Joiut stock banks
Discount houses at call
Discount houses vvitli 7 days' notice
Disconut houses with 14 days' notice

The following

^
,'

H

','..].

.,[

25^
2}^

are the quotations for

money

at the leading Conti-

nental cities

Bank Open

rate, market,
per cent, per cent.
5
4?i-5

Mch.

30,

1871
477.081
2,897
2.759
9 181

Qnartera. 267,430
383

June of

successful.

Bank Open

^Vhoat
Barley
Malt
Oats

1873, or

[July 20. 1872.

been collected, and if the present harvest, as we are led to
believe, prove abundant, still greater progress will be made. So
far, the financial operations liave been successfully carried out,
and there being an abundance of money in Europe at the present
time, it is probable that the forthcoming loan will ba equally

:

June

The

;

:

THE CHRONICLR

74

From

:

Paris

Amsterdam

2X

Haiubur;;

'4

Berlin.

Frankfort

4
5

Vienna and Trieste
Madrid, Cadiz and Bar

8«
2"4-3
3*4

rate,

Lisbon and Oporto
St. Petersburg
Brussels
Turin, Floi-ence

Antwerp
Bremen

5

7

5

4\-S

4

4!^

7
3JkC

........

;

3

.

4X

Leipzig

About

7
6

and

Rome

;i3i

ceiona

market

per cent per cent

been sent to Cierlnany this week, of which
£446,000 has been taken out of the Bmk. All incoming supplies
are certain to be absorbed by the German demand. There is a
very small 8U{ ply of silver and dollars here, and no alteration
has taken place in their value. The following quotations are
from the circular of Messrs. Pixley, Abell, Langley & Blake
.£1,000,000 has

:

are very heavy.

eoLD.

The following statement shows the imports and exports of BarGold
BarGold.flne
grain and flour into and from the United Kingdom since harvest Bar Oold, Rellnable
viz., from Aug. 2(i to the close of last week, compared with the
corresponding period in the three previous seasons

South Amei-ican Doubloons
United States Gold Coin

:

pe' oz. standard.
per oz standard, inst price.
per oz. standard, last price.
pcroz.
per oz none here
BILVEB.
,

iMPonxs.

^^

Wheat

cwt. 31,92%499

Barley
Oats

10,8i6,«61
8,702.703
852.811
2,900.109
15,561,645
8,728,871

Peas
Beans

IndianCom
Flour

1870-1.
26,»t6,062

32,Ki)8,163

1869-70.

6.?iS7,a8B

(i,68li.4li9

7,6:W,lil.i

!),07-,S25

850,0;«)

1,41«,778

I,M.i.889
12,561.056
3,784,879

14,926,.i9i>

1868-0.
22,400,621
8..367a;l
4.885 8 6
»J3,H31
2,116 198
10.947,181
3,095 iiOl

1.539,7ii9

6,252.947

Bar Silver, Fine
Bar Silver, containing 5 era. Gold, per
Fine Cake Silver
Mexican Dollars
Five Franc Pieces
.,

The

per

®.

d.

9.

standard.

5

oz, standard, last price
per oz.

5

07;.

peroz.,

..

peroz.

4

alterations in the foreign exchanges liave

®
@
©

77 9
77 9
77 11
73 9
76 3
s.

1871-2.

d.

s.

s.

d

0>i@
..
0>i@
no price
none here.

11«®

..

been unim

portant.

it is

Business has been quiet in the stock markets this week, and at
one period the tone was dull. The proposed French loan, and
the withdrawal of gold for Germany, had an adverse effect, and
the markets are still in an unsettled state, notwithstanding the
liueness of the weather. The fluctuations, except as regards such
securities as Bolivian, Paraguayan, and Costa Rican, which have
been heavily sold by the bears, and Honduras, in which there has
been a marked recovtry, have not been important. Erie shares
were dull in the early part of the week, but have since become
firm, aiid United States Government securities are firmer, on a

evidently that applications have been made for that amount, the
instalments being payable, as in the case of the last loan, over a
long period— say 13 to 16 months. It is stated that there
will iflow be some considerable withdrawals of gold from

belief that the question of the indirect claims is settled.
The
absence of news from America regarding the decision of the
arbitrators on that point has attracted considerable attention
but, with that exception, the French loan, the debates in the
National Assembly, royal visits, state concerts, st.te balls, and

EXPORTS.
Wheat

cwt.

Bdriey
Oats

2.189.207
15«,ai9

3,152,176
110,732

615 199

103,'!68

1,4.33,586

9,653
8,045
81,075
80,905

53,470
18,019

313.703
13,372
2.281

112,016
23,845

14.8.')7

1.884
31.057

..

Peas
Beans
Indian Corn
Flour

,...,

64,991
1,345,391

1.57.639
10(1,313

79.8-18

50.10

4,4.53

J

There has been a better demand for money during the last few
days, and a tendency to firmness has been apparent in the rates
of discount.
It is expected that the new French loan will be
stated that the amount — said
—has already been subscribed in Paris, meaning

introduced in a few days, and
to be £80,000,000

the Bank for transmission to Germany.
Some authorities
place the amount at a million a month
but as so
;

much depends upon

the political aspect in France

it

would

be venturesome to predict too much. French politics, however
unsatisfactory they might be, would not, of course, check the witndrawal of the German balance held here but, they would restrict
English subscriptions to the loan, and, in that way, would dim;

amount sent away.

The breeze in the National Assemnot looked upon as a serious matter, though
to Englishmen the scene was frivolous and unworthy of a great
people. Recrimination cannot help the French out of their diffiinish the

bly the other day

is

garden parties, have been the topics of conversation. TheT>resent
has probably been the gayest season since the death of the Prince
Consort. At the close of business today the following were the
prices of consols and the principal American secarities
:

Consols
United States

do
do
do
do
do

.

6 per cent 5 20 bonds, ex 4-6
2dserie8
1865i8suo

~.

925i®
V.

fll

1867i8sne,
S per cent. 10-40 bonds, ex 4-6
5 per cent Funded Loan, 1871, ex 4-6
.\tlantTC and Gt West., 8 per cent. Debent's. Bi8choffsheiii''8 ctfs.
Ditto ConsolidatedBonds, 7 per cent., Bischoffsheim's certificates.
Ditto let Mortgage, 7 per cent l>ond8
Ditto 2d Mortgaije, 7 per cent bonds
'.,
Erie Shares, e.T 46
.

47
38
71
62

gaji

@ 9IJ<

91"i@
92>.@
92>i@
893i®
90>i@

9iv
Q2«
93>i
9iiw:

90X

@ 48
@
@ 73
.39

(a 64

47 g, 47 V
and hence it is of no avail for one party to decry the
do
unstamped
@ 94"
'.'.'.".' 92*
other, and say that its hands are clean, and thai, it was some one Ditto 6 per cent. Convertible Bonds
©
Illinois Central Shares. $100 pd., ex 4-6
..!.!! 109 ©110
else who ruined France. The well-known words of Burns might Illinois and St. Louis Bridge, 1st mort
98 @100
Louisiana 6 per cent. Levee Bonds
most aptly be applied to M. Thiers, and to each party in France
@
Massachusetts 5 per cent, sterling bds, 1900
94 @ 96
" Oh, that some power the gift would give us, to see ourselves New Jersey United Canal and Rail bd8
99 @101
Panama Gen. Mort. 7 per cent, bonds, 1897
©
as others see us." This want of harmony in the French Assem- Pennsylvania Gen. Mort 6 per ct. bds,
1910
97 ©98
44 @ 47
bly has had considerable weight here but, at the same time, it is Virginia 6 per cent, bonds
remarkable that in spite of that want of harmony and the uncer.
The following statement shows the present position of the Bank
tainty about the import duties, the progress of France towards of England, the Bank rate of discount, the price
of Consols,
convalescence has been astonishing. A powerful army has again the average quotation for English Wheat, the price of Middling

culties,

"

:

!

;

I

.

K

:

July 20. 1872

K

:

—

:

.

THE CHRONICLE.

f

Upland Cotton, and of No. 40 Mule Yarn, fair second quality, SugarClfo.llD'cbild)
ouapol.Vcwt
iind the weekly Cloaring lIouHe return compared with the four Sperm ull
V ton 16
Whaleoll
LiDMedoll

previous years
1863
Circulation, Including
£
baulc post blllii
85,442,331
Public uupusita
4.3M,4IH
Other depositx
S3. 1,')8,4.')4

1871.

1874

£

£

£

£

M,4'7l,351

24.3«,50(i

Govcrumcnt

!5.104,«!W

1869.

15,496.163

46.H44,n!«

4,455,8ii:i

7.u«ii,ir)U

».447,71(1

14,0'ia..M>W

41,0!ll.4«O

44,!K«,448
14,874,574
41,184,608

19.(H6.147

16.54'',7B1
46.495,4:16

18,4ia,7H-')

n,40»,58T

40.974,793
14,488.438
41,314,574

14,8J8.81«

10.H14.4li8

14 514.863

1H,8I0,5»8

41,4-19,108
3 .p. c.

securiticii. U,til4,3!t4

OtIier docui'Uk'D

1870.

Keserve of uotee and
coin

Coin and bullion

21,5.11,544

Bank rate

4 p. c.

Consols

iHUd.

3X

p. c.

Price of wheat
678.
7d.
47«. 9d.
»d.
Mid. Upland cotton ..
liiid
No. 40 iuuIb yarn fair Sd
quality
U.iiid. 19 4i<d.
,„...

Six.
51
«.

MJ*d.
9Jid.

House

return. «G,9:34,0JO

M,OC!i,OUI

3p.

c.

OTKd,
5»«. ad.

Id.

Juno 28.
Messrs. Grant Brothers

• Price,

(for

£207 per bond, or reckoning deductions for interest accrued
May and discount from prepayments £203 2.1. 6d. The
money is required to erect a central establishment in New York,
on a site which has been secured at the corner of Broadway and
Dey street. The cost of the site has been 850,000 dollars, and
that of the building and fittings is estimated a', 050,000 dollars,
making the above amount of 1,.500,000 dollars.

Total for tie week.
Previously reported

is

Nile

since Jan.

Though

U

IS

as

1871.
tl.V4»,!K.t
4.7'/7,110

1071.

Ii.-.tiaoo

t«,7W,4M

|5.:!74.I0»
156.8U6.«-%4

tl73,4A:i.l4S

1

Previously reported.

1:62.4:18.561

iU4.475,U«l

UMlI,r~
,0>I

t9u''.4vl.3a«

t*44.7TiaS0

1869.

1870.

mi.

f* 6>^910

$3,567,466

95,744,648

9«,086.,->81

t4.440.e54
113,010,744

ll5,0at,4IT

(10U,41I.Mj

t9U,tV'>l.:U7

$147,5.3l,.f;6

tlW.00t,»t

..

.

urn.
$4.9IM«7

rather low this year, the irrigation

Since Jan.

KuslUh

New York
9— Sir.

shown

summary
Money and Stock Market.

in the foUowinir

at a general decline

for

:

PlataAmerican lilver cola
»1,330 July 13-»ir. BaUvU, Uvtr-

.\merlca, Sonth-

Silver bullion

American sold coin.
July 9— Steamer Cuba, Liver-

The di.ily closing quotations in the markets of London and Liverpool for I he past week have been reported by submarine telegraph
London,

show ibe exports of specie from tha port of
the week ending July 13, 1873
will

ampton

Reporta— Per Cable.

ITIarket

1

Tbe following
July

The

8.77li,;ill

t8,M4.S,l»5
it>i,5:n,iyu

Fortheweek

the

factory way, and

as

187U
$1,4*-..7M

4,936,743

..

stated that the

far.

37

•
• I

M

•#

In our report of the dry goods trade will ba found the Imports of
dry goods for one week later.
The following is a statement of the exports (excliulve of spede)
from the port of New York to foreign porta, for tbe week eo'disg
July 16:
xroRTs moM hkw tork roa rai wraca.

is going on in a satisthe young plants are in a good condition.
White cotton will again be plentiful this year.

is

$1.9-i<j,414

tH«l9.

Dry Roods
Qenural uiercliandlso.

since last

is

10

»•

dry goods) July 13, and for the week ending (for gramtml
merchandise) July 13:
roHBiuN laroKn at miw tork for tss «*.

& Co. have announced that they are
authorized to receive subscriptions for 1,500,000 dollars 7 ps-r
cent tirst mortgage Building bonds of the Western Union Tele
graph Company of the United States. The issue is to comprise
1,500 bonds of 1,000 dollars each, and the price of issue in sterling

it

u

*

M

are |l,Ul:i,4:n ibis week, against $3.1Hi.'S,8l3 laat
week, and fl4,472,!)57 the previous week. The aiporta of oatt«a
the past week were 1,016 bales, against l&J bale* last week.
The following are the im|M>rta at New York for week andiiig

8.),914,UiW lU6,58.i,0OJ 130,B5U,u00 114,(M.'>,000

In reference to the Egyptian cotton crop,

U

10

The exports

'Itiid.

1«.avrt. !«. 4Xd.

reports from the interior are verv favorable so

3«i

W

Imports akd Exporta roR thr Wrbk.— Tba Import* tbla
week show an incrxBHu In both 'Iry good* and geuarnl merchandise. The total Imports amount tn %OJ)H.\iWi thi* weak,
against t6.085,->y0 last wmk, and $.5 ,702 ,:<»:< the previous werk

14.fil7,»1H

•td.
'.td.

lH.4Vd.

,

CliiurluK

.59h.
.59«.

H

«l 10
3i lU

lu
10

COMMERCIAL AND MISCKLLANKOUS NKW8.

93,457,6)5

.

lid.

r

SR 10

15

n

18..Ste.64n

-.
av
-^ p. C.
W^ii.t
U3Vid.
Z

.

IKXd.
»4xd.

»3d.

MO
WO HO
OOWOOHOOMO

38 10

pool—
Sliver bars

securities

.luly

close

from the prices of last Friday.
Bank of England has decreased £831,000 the

past week.

in,gift

KiOK,
S0,000

Jul; IS— Su. City of Brooklyn,
Liverpool-

American KOld

Bane bullion.

bullion in the

t,HO

Maracalbo—
American gold coin.

241.049
290,000

American gold coin.
n-8ir. Silesia, Hamburg-

:

— American

pool —
Sliver bars
Joly IS— Scbr. Storm

5UU,0O0

For London—
Qoldbars

S9000

Silver bars

36,000

Hllverbars

July 13—Sir. Donau.

coto.:,SOO,000
8,800

Bremen—

Fori^ign ailvercola.

4,000

American gold coln.1,050,000 July 13— St. Atlantic, Liverp'l—
American gold cola. 1,000,000
Tybce, Porto
July 11— Str.
,

The

has advanced i per

rate of discount

cent.,

And

now

is

Si

per cent.

Mod.
9J«
94X
91«

Sat.

Consols for money
"
account
a. S. 68 (5-208,)186S
" old, 1866

ii%
H^t

9iX

fort

91«

94)i

9i)i
91 'i

Frl.

»9?i
11)4
»l>4
9i>i
91

94X

91

»IX
89X

91

91/4

90

90

mx

mx

89X1

89«

»>H

89X

StJii

92 «
91)^
94.V,

1871
1870
1869
1868

>,

were

MX

98X

—See special report of

Liverpool Breadatuft U%rket.
decline in

wheat and

— fhis market

"
(RedWinter)
(California White) "

4
2

12

12
27

Com (W.m'd),M quarter....
BarleyfCanndian)....«bu8h

38

Oat8(Am.&Can.)...,«bu9h

4

Tnes.

d.

s. d-

97

6

27

11

.3

11

19
12

4

47

3

3S

Liverpool Provision) Market.

d.

8.

6
3

14

1

47

In

tn.m,«SB

1867
1860
186S

#48.40S.8'8

90,W6,833
16,430,180
55,4*5,178

i9.aoa,uB

184I4.M0

The imports of specie at this port daring the past week have
been as follows
July 8 -Brk Nomad,St.Croli—

4l,n*JI»

Sllrar

«4,000

Sliver

t,nt

Gold

35

11 11

11
14
11 10

96

46

6

38
29

88
29

38

6

85

6
Is.,

6

6

Wed.

S< d.

d.

6S
47
96
39
53

65
47
26

39
62

U

Frl.
8. d.
64
47
26 6
39
S3

d.

64

47
26
89
S3

6
n

6

of last Friday.

Mon.

Sat.

d.
7 9

7
17

•'

Wgal

1

^'

(spirits)

9

1

1

Tallowf American)...* cwt. 42

9

d.
9

d.
9

8.

7

9

44
44
38

9

Tbnr.

Fri

1

*X

9

7

1

1

43
44
38

9

£
10

8.

d.

Mon.

£
10

646

8.

d.

Tuea.

9

43
38

£
10

646

8.

d.

Wed.

£
10

640

e.

d.

Tbnr.

£

s.

d.

Frl.

£

e.

10

10

640

64

weekly transactions

"

64

d^

For

For U.

at the National

Treaaoiy

tn trust

n»

,-Bal. in Treas«rjr.-«

S.

Circulation. Deposits.

Total.

Coin.

Cureacy.

376ltt!<,SS0

julyil
July 29.. 361,760.550
Au". 5.. 362,069,350

15,766,500
15,766,600

377,897,060

86,6W,0aO

0,830,000

10,001,000

AuS. 12. .364.745,000 15,716,500 378,441,500
Auk. 19. 363 486.300 15,691.500 878,977,800 90,076,000
Ane.96.. 383,490,600 15,691.500 aW,18»,100

4,M4',0(I0

l8,«M,Mi>

4,S«e,40O
S,0IS,8SS

njn,ooo

377,8S^850

.

Sept.
Sept.
Sept.
Sept.
Sept.
Oct.

Nov.
Nov.
Nov.
Dec
Dec
Dec

X

t
13

m

1800
18(6

tom House.
1.— Securities held by the U. S. Treasurer
banks and balance in the Treasury

Oct.

4X

1

Samett^aia

National Trbasotiy.— The following forms prosont a

Oct.

London Produce and Oil Market*.— Calcutta linseed and sugar
show a decline of 6d., and linseed oil an advance of £3.
Sat.

.

of certain

Oct

d.

8.

7

17

1111
42
44
38

Clovereeed (Am. red)
42
Spirits turpentine...^ cwt. 38

Wed.

7
17

17

*H

Tnes.
8.

8.

Roetnrcom. N. C.)...Wcwt.

1870

Week

8.

I

while

Tbnr.

d.

8.

65
47
26
39
S3

.»9,7SI.««8

1879
$9,988,500
7,981,647

endinir
Piles'

1.

Same tune In
1871

47

12

38
49

d.

a.

6
4

11

14
47

•

d.

8.

Liverpool Produce Market.— Thia market closes at the prices

inseed(Calcutla)....

tMi>4Bk01>

Same tune

Total since Janoary

Frl

Thur.

6d.

8.

Beef (Pr. meas) new W tee. 65
Pork(Primeme«9)... ^bb!. 47
Bacon (Cum. cut)
$cwt 25 6
"
Lard (American) ...
39
CQee8e(Amer'uaQe) "
53

11

»7

1

35

6

d.

«.

38
99

Mon.

Sat.

,

iS»S
1879

closes heavy at a

— Bacon hasjadvanced

and cheese

la.

Hn«'dc'ke(ob!).«tn

1,

July 12— Str. City of Mexico,

cotton.

Wed.

6
3

19
12
27

2

88
99

9
6

Pea8(Canadiau)...»auarter 35

Mon.
s.

1.

«

"
fine
Petroleum(reflned)

Jan.

flour.

Sat.
d.
Flour (Western)
bbl 47 6
Wllcat(No.9R'dW'n.sp)1«ctI 11 3

beef has declined

'J«X

96X

96X

Total for the week
Previously reported

ToUl since
Same time In

States 6s (1863) at Frank-

daily quotations for United

Liverpool Cotton Mark^,.

"

9-iH

SIX

Tbnr.

90

Frankfort

"

nji

9iii
94)i

94^-

1867
D. S. 10-408
New 5s

The

m

dlii

Wed.

Toes.

Dec'

Jan
.Ian

Jan
Jan
Feb^
Feb.
Feb.

1.^691.000 J7«,844.S00
15,569,500 880,099,900
15.401,500 881,468.960
28.. 365,389,900 15.619,400 880.909,800
30.. 365,940,350 15,655,500 a81.^9^8a0
7.. 366,905,800 18,519,800 881,790,800
14.. 366.368,650 15,619,500 «81.«88,1S0
91.. 366,910,030 15,869,500 S8I,41«,H0
889,489.880
98
367,704.450 15,979,000 381,181,480
11
367,948,950 15,979,000 838.997.950
18.
95.. 368,488,400 15,278,000 383,366,900
9.. 368.606,700 15,499,000 ^,88,834,700
9.. 300,044,000 18,299,000 318,973,000
369.534,500 15,449,000 884.783,800
16
369,654.600 15.249,000 364,901,900
43
.370,787,900 IS.S.M.OOO 386,138,900
6
13.. 370,454,400 15.351,000 386,801400
370,6*1,400 15.331,000 388,011,400
20
371,347.5.'iO 15,381,000 886,708,680
27
3.. 371.451,950 15,388,000 886 849,980
10.. 871.788,960 1^8^8,000 387,166,900
17. 379,389,450 15,43^)00 387,891,450
9.. 361,15.3,000
9.. 364.529,700
16.. 366,067.450

.

.

9S,0a0,0rO
9S,aS3,«73
90,644,004

(3,046,993 8,»4«.an
04,164.947 9.764.43e
<7,03».U5 7,811,a«6

05,948,490
03,061,448

•9,78e,y»

18,041,000

1&,8K900

6,00,716 1^71 8,400
6,t78.«8 io.an,soo
7.00^807 iO,8B4.MM

io3.vn.990

8,049,aa9

108,393,919

8,19&,m

103,948,419
103,9T7,000
105,549,177

».1S«,06a

106.001,690
106,741,960

IVSMUM

8,80»,U1

80,488.040
84,887,800

10.943,000
10,464,890

37,844.000
3T,9»4,aOO

19.904.066

a.sM.roo

lt,9SC470

:

:

THE CHRONICLE

?6
Fob

873,19«,950
373,835,450
373,742,750
374,032,750
374,324,650
374,5a3,450
374,856,450
875.212.450

a

MarcL2.
March9..

March
March
March

16
23
30

April 6..
April 13.
April 20. 375,612,4.50
April 27'. 376,691,950

lS,(i(n,000

15,659.000
15,059,000
15,059,000
15,639 000
1,5,859,000

15,850,000
15,409,000
15,509,000
1,5,559,000

388,803,950
389,484,250

110,187.700

10,425,572

.33,526,000

88!l,401,7.50

112,413,411

11,183,251

31,454,000

119,M2,747

10,033,076

80,290,500

121,,'i82,680

8,114,273
9,102.961
7,592,683
9,105,433

28,178,000
27,108,500
26,834,000
25,272,500

13,602,100
12,019.942
6,644,370

25.425,300
25,578.000
25,510,700

389,691 750
389,963,650
390,242,450
890,508,450
390,621,450
391,171,450
392,250,950

.

124.064,191
128,131,303
129,617,930

376,934,930

.

MajMS.'

2J5.083.56b

5,429,727
8,077,851

.

24,729.000
24,876,000

National bank currencv in circulation fractional currency
received Irom tlio Currency Bureau by U. S. Treasurer, and digtributed weekly also the amount of legal tenders distributed
Leg. Ten
Notes in ^Fractional Curreney.-^ ""
Vf eek
3.

;

;

ending
July22
Jnly29
Aug. 5

Circulation
318,761.729
319,384,679

Au|.12

.320,374,894

Aug. 19

320,816,919
321,373,880
321,750,225
322.068,085
322,489,245
Q'lQ fiWt S7R
323,056,375

Aug.26
Sept.
Sept.

2
fl

Sept.16
0'3
a^wx*
Sept. 23.

Sept. 30..
7..
Oct.
Oct. 14..
Oct. 21..
Oct. 28..

Nov.
Nov.
Nov.
Dec.
Dee.

.3ij,'259,27'0

823,5 9,692
323,985,382

325,800
375,000
445,.50O

492,000
.502,500

508,500
598,000
256,500
780,300
864,400
866,500
697,300

Distributed. DIstrib'd649,766
1,041,386
6.34,981
715,104
253,297
62.5,733
1,512,429
589,167
.505,574
736,893
1,146,000
548,000
1,15.%500
555,800
473,116
775,835
1,059.134
763,603
1,236,600
462,200
728,500
902,200
4,113,000
525,800
.501.969

1,070,100

11..
18..
25.

324,946,862

774,300
780,200
786,600

819,000
551,449

325,605,600

2..
9..
16..

320,004,5.50

65.5..500

326,773,456

766,100
758,600

278.610
991.703
339,400

325,8.34,497

.329,265,566

327,578,628
328.183,118
328,742,581
328,999,311
329,218,991
329,606,751
329,945,201
330,404,946
830,822,576

.

Jan. 20...
Jan. 27...

Feb. 3....

Feb. 10...
Feb. 17..
Feb. 24..,

March 2..
March 9..
March 16.
March 23.
March 30

,331,180,792

331,968,376
322.207,814
332,780,274
332,847,294
322,751,322

April 6...
April 13..
April 20.
April 27
May 4

.333.299.692

333,289.819
333,575,557
333,771.627
334,000,303
334,324,248
334,464,323

-'
-11
May
May 18..
May 25
1
t'

15

.Iune22

June

3.53,500
2 15,300

29

July 6
July 13

New Guinea

The

505.000
852,000
644,200
386,000
382,786
1,080.600
993,500
271.000

84 1,000
606 000
844,800
702,000
844,800
810.400
840,800
704,000
844,800
587.200
924,000
930.000
931,200
880,800
500,000
340,800
319.206

334,9.34,913

216,(100

835,481,477
335.743,997
325,908,317
336,180,612
336,119,372
336,274,772

1.686,000
210.400
327,200
329.600
916.000
1,078,400

by Holland

cession

60.5,795

379.300
757,500
761,700

right of sovereignty over the Island of

423,.50O

915.700
495,000
393,000
413,000
675,600
555,600
694,000
622,400
602,400
641,600
495,600
1,068,800
293,000
1,006,000

634,000
910,000
433,600
984.200
68,3,000

which

of the interior but
confined

its

107,383 91

Net earnings for four months
$107,288 86
Or at the rate of $321,866 55 per annum.
Any information concerning the above company will be thankfully received
by the committee, and if so desired, will be held strictly confldcntial.
Address
A.D.Williams, Chairman.

—

The Atlas Steamship Co. gives notice that its steamers will
commence September 2 a monthly service between New York
Savaiiilla, carrying the
S. mails.
of this line are of iron, first class, and have been
special
reference
built with
to passenger and fruit traffic. Importers of tropical fruits will appreciate the advantages of a
steamer making the passage from Jamaica to New York in a
few days over the old-fashioned sailing vessels heretofore used.
The pioneer ship of the line has sailed from Liverpool for New
York, via Kingston, and will be due about August 37. Messrs.
Pim, Forwood & Co., No. 88 Wall street, are agents for the line.

little is

—
—

—

The entire first mortgage loan of the Canada Southern Kailway Company, brought out on this market about three months
ago, has been closed out at 90 and accrued interest. The quick
absorption of the loan by the investing public shows that bonds
of first-class roads are appreciated by our people.
The Chicago
and Canada Southern is tlie western link, on which work is now
going forward rapidly. When completed this line will unite the
great railway systems entering at Buffalo, Toledo and Chicago
by a short, low grade straight road. The whole line is expected
to be complete within one year.

—

for the whole month.
Many holders of the coupons, instead of
receiving the gold, reinvest the same in further amounts of the
bonds.

1,499,500
578,500
296,500
517,000
932,682
782,400
710,000
499,000
1,060,600
622.758
1,478,000
664,000
2,533,000

per cent gold bonds, due August 1, will be paid on and after that
date, by Messrs. Jones & Schuyler, Bankers, No. 12 Pine street.

2,.328,000

646,500
733,,500

531.500
3,245,000
1,063,500
463,500
869,000
3,031,000
280,800
644,400
910.500
446.600
2,735,500
511,600

Next

—

The Logansport, Crawfordsville and Southwestern Railway
Company gives notice that the coupons on their first mortgage 8

BANKfKG AND FINANCIAL.

Banking House of HENRii Clews &
.33

Bills of

island, but it is said to be rich in precious metals
specimens of
ore brought to the coast, by natives, give promise of the discov;

Two

expeditions have already set out

from Australia, one to explore the main

island, and the other to
explore the island of Arron, the largest of a chain extending
along its southwest coast. The territory which thus passes under

the control of England is about equal in extent to the total area
and adjoining Australia, of which it is supposed to
have once geographically formed a part, it will, doubtless, prove
a valuable acquisition.
The Stock. lilst.—An application has been made to the Committee on the Stock List of the Stock Exchange to have the stock
and bonds of the Galveston, Houston & Henderson Railroad Company placed on call. The following official statement has been
of France,

submitted
CoHMiTTEK ON Stock List, New York Stock Exohanoe.
The official statement of the " Galveston, Houston & Henderson Railway
Company of 1871," organized under act of the Legislature of the State of
Texas:
Length of road from Galveston, Texas, to Houston, Texas
Capital stock, issued
Capital stock, unissued

52 miles.

$1,000,000 00
500,000 00

$1,500,000 00
,
Shares ,.„„
$100 each.
First mortgage seven per cent gold bonds, dated January 1, 1872,
Mature January 1, 1902. Interest payable January 1 and July 1.
Principal and interest payable in New York City
$1,500,000 00

Denominations

$1,000.

Numbsred

1

»o 1.500 inclusive.

TYustees—}oh-D J. Donaldson, N. A. Cowdrey.
O/Bcsrs— President, T. W. Piorce Vice-President, John Sealy.
Equipment— 10 locomotives, 5 mail cars, 122 box cars, 77 platform cars, 7 paslenger cars, 17 stock cars, 10 hand cars.
Earnings for four months, from December 1, 1871, to Apiil 1, J872. as
t»llow»!
:

Co.,|

N. Y.

street,

f

Ireland, Scotland 'and the Con-

tinent.

Commercial Credits for use in Europe, South America, East
and West Indies, China and Japan.
Circular Notes and Travellers' Credits available in all parts ot
the world.
Also, Telegraphic Transfers of

Money on Europe, Havana and

California.

Deposit accounts received, bearing interest and subjoct to check
at sight.
Certificates of Depost issued and Collections made.
and Railroad Loans negotiated.

CLEWS, HABICHT &

to

known, the Dutch Government having
to the northwest portions of the

Wall

Exchange on England,

11

ST.

State, City

Co..

Old Broad Street. Londox

JOSEPH AND DENVER CITY RAILROAD

establishments

ery of valuable mines.

.

The steamers

is

it

V

and Kingston, Jamaica, and

separated by the narrow Straits of
the largest island in the world. Of the natural wealth

Australia, from
it is

$214,672 76

1,168,000
284,756
1,071,607
789,896
2,522,468
2,200,000

Guinea, makes an

important addition to the British colonial possessions.
Torres,

1,394 80

The sales of Northern Pacific 7.30 gold bonds so far this
month are reported so large that they promise to reach $2,000,000

to Great Britain of alj

New

$64,086 90
151.057 78
8,133 33

1,541,892
3,785,000

324.526.6.52

Dec.
Dec. 23
Jan. 6..
Jan. 13..,

Juns
June
June

Received.

Passengers
Freight
Mails and express
Miscellaneous

Expenses same time

15,519,000 392,4.53,950
392.815,900 103.318,856
»"^
37^55872^)0 15,552.(W1 .393,110,200 100.(;|8.340
•May 25... 377,749,200 15,552,000 393,301,200 97,157,152
June 1... 378,341,200 15,552,000 .393,89.3,200
Jnne 8.. 379,148,200 15,722,(KX) 394,870,200 87,339.756
Juno 15, .379,429,200 15,722,000 395,151,200 86,779,932
June 22 373,768,700 15,722,000 38»,4iW,700 85,889,165
Jnne 29 380,400,700 15.790,000 396,190.700
July 6. 380,420,200 15,809,000 396,229,200
July 13. 381,108,900 15,859,000 396,967,800

Mat 4
Mavll

[July 20, 1872.

CO.'a

FIRST inORTGAGE BONDS
are being absorbed

by an increasing demand

for them.

Besides being the obligation of a weaithy corporation, composed of men of experience and high-toned commercial integrity,

they are secured by a

first mortgage on the road, revenues, land
and equipments, combined in one mortgage,
and are readily negotiable both in the markets of this country
and Europe.
A liberal sinking fund provided in the mortgage deed must
advance the price upon the closing of the loan. Principal and

grant,

franchise,

interest payable

in> gold.

Interest at eight (8) per cent per
free of tax.
Principal in thirty

annum, payable semi-annually,
Denominations,

years.

|1,000,

$500 and

flOO,

Coupon or

Registered.
Price, 97*

and accrued

interest,

in

currency, from February

15, 1873.

Maps,

circulars,

Trustees

documents, and information furnished.

—Fanners' Loan and Trust Company of

New

York.

The diminished quantity of these Bonds for sale, and the
increased demand absorbing them, warrant the belief they will
poon be sought for at an advance considerably above the present
subscription price at which they can now be had through the
principal banks and bankers throughout the country,

the undersigned,

who

unhesitatingly

and

from

recommend them.

TANNER &

CO.,

Bankers, No. 11 Wall

street.

H

.

Julj20, i872.J

No. 20 Wall Btreot,

to sell

Mortgage Gold Bjnds

On

New

ic

CO.,

The

adding accrued interest, the First
Northern Pacific Railroad Company.
season's contracts, there will be Five

miles of the main line of the road
in operation, uniting Lalce Superior with the Missouri
River, and
securing the large traffic of the Northwest. This amount of road

Company

to

Ten Million Four Hundred Thou-

sand Acres of Land, located in Central Minnesota, Eastern
Dakota, and in the Columbia Valley on the Pacific Coast. The
bonds are secured by a first mortgage on the road, its traffic and
franchise, and on the entire land grant received from the
Oovornment. The rate of interest is seven and three-tenths, gold, equiva-

and a quarter per cent in currency. Believing
the security to be ample, ana the rate of interest satisfactory,
we
recommend these bonds as a desirable investment. Holders of
United States Five-Twouties and high-priced corporate
securities
materially increase both their: principal and
for

Northern

their interest

Pacifies.

JAY COOKE

New

&^C0.,

OP THE

MILWAUKEE AND

ST.

Morton, Bliss &

PAUL RAILWAY COMPANY.

Company

is

$21,148,600.

of the Road for several years past have averaged more than seven per cent per annum upon both classes of
Stock. For the last three years the net earnings have averaged
$1,604,439 30 over expenses and interest upon its entire bonded

.

'

Circulation...
Net depoilts. ,.

LvKal Under*

m
n.iiMMn

.

.

M,«4i>,no

The Company owns 1,151 miles of railroad, with a bonded debt,
including this loan, averaging $19,237 per mile.

comnierrial paiior there is but a mod«nte boslm-ss ilolag.
Quotations for the
e best class of sliort
short dale paixtr are
sro 8^7
0^7 |>er
i>er
cent, and 4 to
months paper is from 1 to J ji«-r cent higher.
There is generally at this w^ason a preference for short-data
paper, as lenders look forward to liighrr rate* for 1110017
1

after the beginning of Fall business.
classify cjuotations nominally aa follows:

We

COQim*rolal,

flrat

olaw endorstd.

....Mdan.
.

"

(^a^tttt.

DIVIDENDS.
The followlnB Dividends have been

Pkr

COMPANT.

&

WniEM

I

Cent. iP-ABUt.

Railroads.
Dry Dock East liroadway & Battery.
* St. Louis

declared daring the past week

Iron Mountain K. R...

Banks.

IJprshiAug.
15

German American

4

Loaners

Aug.

3X

July

5

Aug. 1.
onuem.

Insurance.
Westchester Fire
Lafayette Fire

,

Firemen's Trust
Merchants Ins. Co
Stuyvesant

Hoffmann Fire
Rutgers Fire
Rntgers Firo extra
Williamsburg City

niscellaneons.

& Hudson Canal Co
Diamond Coal
Delaware

5
5
10

It.

R. Co. of Missouri.

Closbd.

1.'

July 10 to Aug.

1.

22.

do.

(loRlsDama*

"

"

4le«nonlba.
libs.

United States Bonds.— Government

quiet during most of the week, though on Wednesday we noticed
several sales made at the Board, of round lots of $100,000 and upwards. The tendency of prices has been towards tinnness, In
sympathy with the gold premium, until to-day, when there was a
fractional decline from the best figures of yesterday.
At the
61ose, howcer, prices are a little higher than those of our last
weekly report. The advance of ^ per cent in the Bank of England rate does not appear to have materially affected the price of
our bonds in the London market and the opinion of some of the
leading (}erman bankers favors the Idea that there will be a
demand of consictontble im]H)rtance from their finaorial markets
for our (iovernmcnt and railroad securities.
At the Treasury
purchase on Wednesday, $1,000,000 of bond« were tiUten at
114.39@114.43J, from total offerings of $2,755,550.
July

"^l
St.fnnd, 188<.,cp..'liss
ta, 1S81, reg
8«, 1881, coup
D-iu'BlSfii. coap...

VUX
-inx

*1U

V20'B18W. coup... '115
S-80'»18«8,

••

...

11551

n " ... 'IW^
S.20'« 186S,
5-a)'»1867. "
...
115X
»-20'»18«8, "
... 'IHH
IIMU'S, reg
11!K
ICMO'i, coupon.... *1UH
Cnrrencyfi^s
*

This

Is

Jul

Closing prices ot

July

July July Joly
n.
18.
t>.
Its* \u\
llSIK llSk
'mti.
l;5H 'USSJ •115H
ii;v 'uix Mnx
115H MUX ni\ 'usv 'iisH
115X -USX 119V *ii:v I13H
116X ll«H
115H MISX ii»
ntit 1I4H
>.UH
l!Sh>
115H 115X
UJ
119
119K nsM Its
lllH lllH Ills 'IIIH IIIX'
1I8K "lUV 'lUt !1>
114X' '.us 1I4X
I14S

Aug.

2

do.

—

was made

seciiritieB in

.

—

I

II

IISK Apr.>«

II

:u\ Apr.

4

» IKH

Jan.

U4

Fab. (

7]

Apr. a*

Juna •
ir.Sreb. 8 tl9H .'ana»
ink Feb. I IHK Jana •
101
Feb. • ::iv Jone 4
l07XMch.l>:ilS Jaly It
11 :\;ii

«

tnx Mar

at the Board.'

London have been a* followi
£lnc« January

Loweat
91
•Ih
h

a.S.<s.9-20(,'«2

6. 8.6», 5.20§. 'H
p. 8.9I,10-4(ls
llew5B

tlK
11

n
.

8»:
MX

and Railroad Bonds.— There have

—

B

Apr.l.
,
Jane II MX Jaa.
Feb. n] nu Jao. 1
Feb. 8 r.g Jan.
.

ns
i*%
wS

I.

Ulghest.

been some transac*

tions in Tennessees, South Carolinas, Virginia consols, and a few
of the other State bonds, but nothing which could be called a
decidedly active business. The Southern State bonds are grnerally dealt in largely on speculation, and are subject to the varlnos
speculative influences bearing upon this market, but an- not so
much influenced by a demand for investment as many other kinds
of bonds. Tennessee bonds have declined |@1 per cent, and
South Carolinas J. & J. are slightly 6rmer.
Railroad bonds have been perceptibly more active, and the Central and Union Pacific bonds, as well as other bonds of old established companies, have been sold in considerable amounts. Agents
for the new railroad loans report an active business, as they are
materially assisted in negotiating bonds, by the high prices of
governments and of the bonds of old, dividend paying railrotuU.
A good investment demand for bonds is anticipated now for seve-

5

on dem.

5
4

July

period.

Closing prices daily and the range since Jan.

1

bare been

I

1.

July

ib'

to Aug.'

5.

13.

Arkansas

••Tenn., old
isTenn., new
esN.Car., old....
69 N. Car., new...
«BVlrg..old
" '^coniolld'd
••
" deferred..
«<B.C.,n. J.A J.

;s
15

'i»h
•20

44K
51

•15

features of the market are simply that h.^jjeg,
of njl
sluggish, and consequently there is no
special demand

is

The cable reports a further decrp;^8e of £881,000 in the specie
Bank of England, and a r^^ j^ j^e rate of discount
from3p«; cent, at which it ^tood pre^^0U8ly. Specie into Si
the
Bank of France has increas-^^
4,200,000 francs tliis week.
The last statement o'^ „„,. associated city banks, on the

of the

13th
instant, was not favor^,,,^
^s the decrease in specie and consfjjar
aDle increase in de'^,pp^,g ^^j.^
,j,g„ balanced the increase in leg» 1
tenaers, and corj^j,^„gijt]y. jg^„j^()
(jjp excess of legal resepj.»'.

Bockl sld
•

TnH

la

lit

18.

.

19.

MX
Wk June

•II

MX

•«

•j2k

'*4X

91«

•15

J8K

NX
102

•SI

"M
MX

»\
33

•81H
91

••X

101
•101

m Is

the price bid.

•W.H
•101

x

I02X

]•»

1

UQ

Jan. 21
4IX Jnir 1>
July :«
91
51
•SOX
•15
15M JnW l>
I5X •I5X
Jan. 10
«V 39 •39X, 24
9SX Jan.
MX
91
5
lOUli ICO Jan
102 S< 101
a»X July 9
•OH 9<X 90
•siKt 19W Jaa. 4
tin •91
Its Mrh. 4
8;
SIX •SI
2;

•44X

«s
•51

'

»

91

91
I

Erie 1st in. ...,.

K.J. Cen lit m •
Ft Wayne lit ni H
Chic* NW.sfIa

•li"

Since Jaa aai7l.—>«
.-Lowell.-^ .-BlahMt.
Jan. S IS
tSX Jan. 4 TiH Jair «

Jaly Jaly

July July
».
IS.

money, and banks and bankers having lar-^ balances
on hand
are glad to lend them on call, at any reae
.^Jtle rate of interest,
as they are in many cases under obbg-^Uona
to pay interest to
their own customers on their deposits.
for

1

Hisiim.-^

tux Jaly •
irx May B
UOH Jon* «

f

IWU

I

9ttl«

Feb.
Jan.
Jan.
Jan.
Jan.

llOxJaa.

July

1.

lower than 3 per cent.

The

lOIK
114X
!:4K
tO»K
lOas

mx

MH

have been:

1,

glace January

.

^Lowest

1«.

the price bid, no

Friday Eyenims. July 19, 1812.
....
rxi.
».
XUe money
Market _There has been no change in Vhe (aMtuonrI
WV
money market, except that the tone has been a shade easier tban Cent. Pac. gold.. 'lOlK
Un.Pac.,uf.
before, and 3@4 per cent have been the regular rates
^or call Un.PacL'dOr't
Un. P. Income „
loans, while in one or two Exceptional cases lenders hava
accented N.Y. Cen.«e,l888.

kinds

securities

weeks to come, as the excessively warm weather in the first
half of July interfered seriously with the usual business of that

do.
do.

Aug.

«>• IM
Ells
IM* •
have been

.*0
««•>•.
dart,

.

ral

do

6
5
8

* Payable in certificates calling for full paid shares of the Cairo,

Texas

:

July 20 to Aug. 1.
July a to Aug. 15.

1.
15.

Aug.

^°^

DHmais.

.4

..(bosUw.

"

State

&

tie.

In

5.

BankttB'

rr»Tr« at

July «,
Jul» IJ.
PWennCM.
tmJkx!.«« t3Mj*7,Mn IMC. MM,
2a,7n,lkO
|>,»I,«V l>«e
tIflMM h.mjIU) 0«e,
241.114
uuBtjm iM

dls.

debt.

€I)C

lli« total

Closing prices daily, and the range since January

One-half of the loan (£400,000) in sterling bonds have been
sold for European account.
This is the only gold loan issued by the Company.
of the

27^,074.400, and

IklJ.

Loaoiand

Co., No. 30 Broad street, are receiv.

ing subscriptions for the unsold balance of the
|3,000,000 of these
bonds at 95.

The Share Capital
Tne Net Earnings

*

;

York, Philadelphia and Washington.

SEVEN PEK CENT GOI<D LOAN

Messrs.

total liabilities «u>.)d at

Bitccle

lent to about eight

income by exchanging

^

:

77

at par,

Hundred and Seventeen

may

:

1

$81,004,100, l).in^' $i:t,420,.'.0O in excMM of Hi t)*r rrni „f iha
liabilitieH— ft ilcirvatu: of $.'5.'i2,77.'5 from the pri-vliiua week.
The following statt-nifnt nhowii tin- chaDge* from previous wsak
and a comparison with 1871 and 1870:

Vork.

of the

the completion of this

also entitles the

X

THE CHRONICLE.

BANKING HOrsE OP JAY COOKE

We continue

—X

,

X May
May

•Oli •ItflXi loan Feb.

loiii
105
101

loix
loi'x

•-0:x

lOlXi

tOlX

102

lOlK

)0t

'!<MX

no talt was read*

100

I

101

Jan.

lUI

July

MX Feb.

m%
25

W

Mdb.
Mcb.
Jan.

10
«9
l(B\«

^
Mek.M

JaM24
Jane

»4S J»a.

Mrk.

91

Jan.
July

t IOC

Jaa.

4
10
9S
1

»

99X M<>k.2>
jaa.
21

89

II

11
12

m%

t
11
19
18
!•
If
11

l«w Apr.
lOSX Jan.
:OTx Jaae»

IWX Jane

:<

2

at the Board.

—

The extent of busirelatively smpU. while the principal
Wabash, and Northwest
snecialties have been Erie, Pacific Mail.
the
bid
Common. Erie has further declined, closing at .lli known
to
usually
immediate causes for fluctuation in Erie are not
now
that
a
appear
it would
the public when thev take place, but
the stock had been earned
reaction from the high prices to which
result, since the election excitement i» i>ast.
is rather a natural
for the eight months,
and the report of the company's operations
considered unfavorable. Pacihr Mall stock has been
Railroad and IHiscellaneona Stocks.

ness in

stocks has been

;

is

generally

.

—

:

..

X

«

:

.

made on

Monday, Tue«riav. Wednesd'y Ttinrsaaj

Sfttnrdav

JuU

N.T.CentH.B
Harlem

»il(

do nref
Lake Snore
do
scrip
WabHBh
Island.
6t. Haul

9S«

53K

54

'....

75

.,

3iii

75

75X

I8i

UK

•....
1I1S4
51 »

inH

77V
107

(OH
61

>.53

'Wi

S5

8t>i

ll-iX

113H

112X

...

75« 75X
7l?i;

98

IlIH

51^

M

45^

•mx
....

,

'li%

....

7«

lO;

7%

107M

7V

IMK

•105

78

45* 46M

45,7<

107 «

107

7J<

105H IC5X
'33% 10

39V 40
•.58
60
38
37?« S7J«
31*- •«
.33
35!<
"113
113
113
114 J<
-,S% 75H
75« 73X

58
37
34;<

K

58

tim

my

•58>«

5.11i

33',;

75K

7iK

753^

75H

38

53)i
76 ><

53S«

in these stocks since

made

January

^-^Slnce January i.-

at the
1

has been as follows:
^

'

1

,

The Gold market.—More

than the usual share of attention
directed to the gold market. The exports for
last week, ending .luly 13, were $4,882,.').54. and with the prospect
•)f continued shipments this week tlie price of gold was advanced,
and t:.uched 114J on Thursday. Since tlien there has been some
reaction, and the market was not as firm to-day at 114i@114+,
closing at the lower price.
It is quite generally believed that there is a party or " clique "
in gold favoring an advance in the premium, while the natural
tendency of tlie market, as based upon the financial situation of
the country and the national credit, is opposed to any further
advance. The shipments have fallen off this week from the
large figures of last week, and some $.500,000 are reported to have
been withdrawn after having been packed for shipment to-morrow. It will be remembered that the attention of s])eculators
was turned last year to the operation of making cash gold scarce,
and those who were borrowers at tliat time will remember witli
what success the movement was carried out. Whether the supply of available coin in the banks and Treasury is sufficiently
email to enable speculators to obtain control of the market is the
question most discussed at the present moment. At the Treasury
Bale of |l,000,OOO on Thursday the bids amounted to $4,195,006.
Rates for carrying gold were to-day 3, 2^ and 1 per cent to flat.
Custom House receipts for the week have been $1,876,000.
The following table will show the course of the gold premium
each day of the past week

week been

•

Opening.

Baturday,Jnly

Monday,

13
15
16
17
IS
13

'•

"
"

Tuesday,
•Wed'day,
Thursday,
Friday,

"

"

;;4i(i

114)^
::l?g
!14J<

1873. to

date

The following
can coin

est,

est.

114

114X

m%

Ui%

Total

i;ios-

Ing.

114m

Clef, rings.

Custom
House

t

.

Balances.
Gold.
Currency.

.

9,61-i,(X)0

|;2,0!.15,154

31 .JSi.OOO

114W

40*44.000

1,635,177
I,7i7,8i6
2,877,015
1,8I2.S53
1.8,3,393

114).i

114S

lll^li

.36.665,000

lll«
i;4X

114V

114)4

31.7I)<,.000

U4X

II4X

4'),914,000

IIIK
niy,
109H

114
118)4
108)4

114^
IH>4
114X

114X

211,2.t5,0(»0

114
lllji

14O,'i8.!,0OO

Saturday, Ju"v

Monday,

^Japoleons

German X

premium.
96
fS
7 73

185

8 05
6 55

Dimes

1,873,693
2,337,875

silver (old co.^age)
IftV p. c.
and hall dimes.. - 96

Five Irancs
Francs

••

•

week

at the

5,r)4S5.'3^

40Ve41

36Xi%36><
*\}ii^il%
34X(g
72)4a73>;

41)4e41H
243<«....

.

73>S(S-|3X

Custom House and Sub-

•

Sub-Treasury.
—Receipts.
Payments.
Gold.
Currency
Gold
Currency.
,

.

»255.0(I0

»83'i,77i 87

»6;3,4:ll 61

»e73,969 93

466,000
291.000
281,000
391,000

831,S57 85
331,146 UU
389,461 51
3«,99a 49
2,840,615 31

89,875 71
190,4.38 66
.53.389 49

l,3h9,4 6 ^9

2ffl.000

Total.

.

»5«.W5

.166,040 10

l.:)3',3-il

1,560,359 14

4*

3li8.5Ai Cf>
878,I1S' 1'

5.33,387 33
1,538,248 91

599

OW

-.3

1.413,003 5'
294,159 41

41

1,511,366 00

11.816,000
12

139,477,162 93

18,050,56! 60

Balance, July

19

|38,11S,113 39

(8006,84126

New York

City Banks.— The following statement shows the
Banks oi New York City for the week

ending at the commencement of business on Julv 13, 1872
ATKBAOB AMOtlNT OF
Loans and

Capital

New fork
Manhattan Co.....

Phrenli

Tradesmen's
Fulton
Chemical
Merchants EzchaDKC...
Gallatin, Natlonai
Butcliers' & Drovers'

Mechanics and Traders'.
Greenwich
Leather Manul
Seventn Ward,

New York

ftiateol

A mencan Rxchange

commerce
Broadway

taercautUe

,

Pacific

Bepnbllc

Chatham

12,343,449
l,S«7,i;6

636,800

6,449.500

l,lll'',300

3 4l'9,300

6<>9,000
3'K),noo

1.9:8,300
6 27^,'3U0

791,800
16 1,8110
'345,'iOO

4.'353.700

1.333,000
1.500,000
800,000
600,000
200.000
600.000
300,000
2,000.000
5,000,000
10,000,000
1,000,000
1.000,000
422,700
3,000,000

3,:49,.3(IC

450.000
412,500

People's....
ITorth America

1,000,000
1,000,000

Banover
irvIng
Metropolitan

1,69;,000

351.900

5.331,400

6:14,600
1.888.'

2,aa).70fl

1(3,7J0
o6>',7ii()

193,700
3,700
358 410

2 1.33.410

491. ^OO

t"-.500

:7I ,500

8(14,100

167 .ton

339,300
5.34,100
8S6,S0u
»>. 300
570.HIO 3,l-;0,9UO

3,333.100

1,1141

HO

3,181.8(lu
l,18>i.700

4,106.6ao
10.4JB,3iO
31,83!,80C
8.776,000
4,31,S.3it)

844.1100

1

4,781.400
2,4S9,300
1,561.800
3.: 35 900
2,ll'4,('00

1000 000

Continental

3,000,000

750.000
300,000
400.000
300.000

itlcntlc

Importers and Traders*.
Park
Mechanics' Banking Ass,
Grocers'

1,500,000
2,000,000
300,000
800.000

HorthUiver
KastBIver

400,000
830,000

Manufacturers & Mer
Four'li National
Central National

.500.000

Soconrl'Vat*"uali

Ninth National
First National
Third National
New York N. Exchange
,

Bowery National
New Tork County
German American.
Dry Goods

. .

5,000,000
3,000,000
300.00C
1.300,000
500.000
1,000.000
500.000
1,000.000
230,000

(>

3i3,lW'

;41',3I'0

Bboe and Leather
Corn i^xchange

Marine

ZO.V

4il-..*>
1,'3?0,SOO

4 9,900
436,400

St.Nlcholaa.

Oriental

663 7l:(r
'03.3(9

63.1110

z,;95,000

Commonwealt-li

fe<J9.K0

(95,800
&38 100

1126T,ioo

1,000,00(1

l.('b7.Hu
1,.',98,COO

3,63 ,il«

600.000

Nassau
Market

00

»B2!,;iO

3,'32,'iOO

4.000.000
400.000
1.000.000
1.000.000
1.000.000

(Citizens

Legtl

4,209,'JOO

6.».i6,30O
7,'380.300
5.8S1,S(10

:

Oenoslts, Tendeip

1,800,000
1,000.000
1.100,000

»3,'I8fi(Je
93'^,500

3,000,0011

City

tlon.

t83l.a'C 111,763,800
9.71
3,653 Jf^V
36O,70r5.982.700
4i'S,3lO
4.3:9,100
4r3.0liu
3.7)1,400
1,800
8, lFo.'00
8.5S2,'J0O
532,800
4,6'8,70O
2.4-33,40('
774,000
!.593.!«0

2.0RO,000
8,000,000
2,000,000
1,300,000

Onion
America

Net

Clrcula-

DIacounts. Specie.

t8.000,00(i f:2,95S.0O(/

Merchants*
Mechanics

.»l).U<0
1.97 .7(0
3,959,800
2,737.100
3,434,800
3.8MS,4oo
3,944,100
I

1

735,900
10,373.100

'33

1.4(K5.0(IO

858',8o6

tt9.".t0
1,091 01
•390,101
359,3 CO

162,800
8.aHl
224.000
154,600
W-O'JO
914.9
21,300
43.100

i;o,Kic
5,600

86,::00

616,300

1.459.700
3.1S5.000
1,449.700

8:15,4(0

38S,''O0

181.6
.132.700
110.200

3.900
391,300
715.800
7f6,900
5,IK»)

;(I0

583.900
331.600
4,300

U

263 COO

2,lll.tW
6 474,100

594,1(0
1,367,310

l,t39,E(0
;.915,a.0

1:69.500

1

47>-

1(0

110,960
567.300

;.880,'.00

.348,fOO

-.00.610
293.( (
),0l'4.(0O

3,313,1('0

I.372.f00
2,594.200
3,(53,800

5.39.:'Cfl

311.'"CO

l,P8."'.5O0

3, 136 ..500

463 SCO

98.300
492,300

l.OtS.I'OO

691.600

309.71111

13,'337,600

4.157,'301

«23.(»I0
313.51I0

24.'307,'.Oil

6.9«6,.3(ll

l,;i.7,P00

1.900
10,800

700,500
979,300
5S6.'00
1.445,900
.
2O.'94,P0O

316.4'!0
2';o."oo

2;2..'i00

700

6,8;o.600
1.2(19.6(0
3,073.r,00

453.700

4.'6S.901)

3,-3.41

86O,"l'0

739.000 1J98,C00
265,000
767,000
583,000
842.700
267,' (0
6'J6,800
771,400

6,2 3,000

3,1

29,600
819,800

3.9'30,30O 2.812,400

!,«I2.00I|

pn
1J33.(00
2,831,400

1,451,310
3.4:6,800

168,900
3,700
16.500
8,000
31,100

.536.r-il0

S,607,6(

7,6«2,'00

751.:-

6.609,3(lt'

]47.;iV)
30, 00
37:(.303

1,132.100

147.100

4,3'.3,f0l'

88.310

l.l>-6,5ixi

(

5t5.9(

<HO."W

U0,6tC

7IS.:ico

'.''30,500

4;3,2ltl

306

!.:-04,3(lu

,630,600

373.1

110.800
9,200

53.700

1.6:6,300
3.IOS.600
W17.60O
12,588,900
11,011 IOC

1

671..H"
444,7C(»

3,('8S,7('0

150,'jno

2,OH,«oo

3.63',50<>
1.911 800
2.1 8. 100

'36S,900

56,'IJO

,

10,729,1XX)

19;.'3(iO

327.,'-C0

271. 1(0

3,133,310
3,346.HiO

00

1,393,500
6,422.000
5,435.700
7,113,fOn

1,561 ,1(0
6.5!! .'^m

8.59,5(t)

2'>0.40O

.380,'

1.533,610

200,7(0

3,434,600
9S9.01O
1,329.700
4,433,700
1.653.600

133,100
741,f(0
295,4(0

38,333,100 27,466,400 345,508,0.0

53,410.700

881,3'

2..'=00

311O.OOO

1,041,0(X)
l.li.1.100

17''.00O

1,000,000
1,000,000

4,O'2,30O
1,997,400

207.400
18,100

217.500
180,000

297,0'X>

2,U9,38«
3.,36;,7S1

2,145,926
3,5TJ,494

The
Loans

Dec.
Dec.
Dec.

Specie
Circulation

The following

,.

.

1...

.

'32..,

Julv
July

6...,
13...,

•304.000
363.100
43,0«l

I
I

week

are as follows

Net Deposits
Lagal TeuSen

Inc. |3,733.CO
98'3,100
Inc.

I

are the totals for a series of weeks past

Loans.

April 13..
@ — 98
April 30...
-96 @ — 97
-19 @ _ my April 37.
4.
May
4 80 ® 4 85'

.1

296,397,800

deviations from ilie retarns of previous

premium.

in rates, until Thursday, when the
Tate for prime 60 days sterling declined i to 109|, on the advance
of i per cent, in the Bank of England rate, while short sight remained firm at 110|. To-day there was no change from these
prices, but business was dull and a concession of i wns usually

i«.6'30,'300

Total

2,113,839
2.145,936

I

and none

5.13)4 ig5,13X

W^0>4OX

Balance. July

10.=.

•variation in tone,

•'

19...

o 15 Kngllsh
silver
® 8
II...
li-rmanKronen
— 70 @ — 72 May
^ 6 70 Prussian thalers
May 18...
X gnildei-s
390 ® 400
Specie thalers
1 05 ®
06
May 25.
fcpan sh doubloons
13 85 ® 16 15
Mexican dollars
@
106
June
Patriot doubloon6
15 50 ® 15 TO
Spanish dollars
10! ® 102
June 8...
American Silver (new).. — 95 ft ~ 97
South American dollars
par.
une 13.
Foreign Exchange.—Exchange was steady, without much Jun.!
June 39..,
thalers
Prus-ian X thalers

.

BViday,

American

lAmerioan gold (old coinage)

@ $4
@ S

13...
15...
16...
17...

'

Tuesday,
Wednes'y,
Thursday,

are the quotations in gold for fcteign and Ameri-

4 p. c,
$4 90
3 34

.

Receipts.

•

Poverelgns

transactions for the

Tenth Natlon:ii

1145S

111)4

lUH

Currcntweek
Prevlousweek

motationa.
ow- High-

n4%
IU%

The

.

;

lias this

5.;7)«i5.T8)s

as.isjs

condition of the Associated

Board

Since January 1
.-Lowest.-. ,-Hlgliest
.—Lowest.— .—Highest.—
94X Jan. 5 IOIJ< Apr. al|Del., L. & TV. lOSM Feb.38 i;3K Mch. 16
ilarlem
Apr.asi Ilann. & St.Jos 36)^ Mch
59)4 Jan. 17
107X Feb. 13 ISO
l-.i-ie
30
Feb. 6 75;< -Mav 20l
do do pref 5i Mch. 3 71J4 Jan. 19
do pref
60
Mch. 3 81 M«y 301 Onion Paclac. 38X Jan. 5 43 Apr. 1
Lake Shore
89)« Feb. 13 isa ilca.m Col,Chlc.&I.C. I9X Jan. 5 4!'*- May Jl
do ilo scrip 85K Jan. 2\ 94?,- July 6 Piiuama
73
Jan. 3 133)4 May 14
yabash
70J< Jan. S 80)^ Apr. 4 West U Tclcg'h 6SX Jan. 5 77%M.iy 3
Northwest
66^ .Ian. 5 85!,' Apr. 3 Quicksilver... '.'5)4 Jan. 13 44>, Apr. 30
do
pref. 90
Fob. 8 97)(; Apr. 1
Jan. 13 56
do
pret. 30
Apr 29
Kock Island.... 11155^ Jan. HiUHii Apr. 3 PaclflcMail,,.. 535^ Jan. 3 8?),i May :5
6t. Paul
53
JunelS 64).: Apr.
Adams Exp'esB 90 Jan. 5 9IK May 30
do pref
Jan. 30 Am Merch Un, 59 Jan. 6 805^ May 34
74MI''cb. 1! 83
Ohio & Miss... 4.T.4Feb.34' 51J< Apr. 1 U. S. Expres.s... 60)4 Jan. 11 88)4 July 6
«;e. tralof N.J, 107
July 17 113H Jan, 15 Wells. I. & Co. 56)4 Jan. 4 '- Mav 31
Boston, H.&E S>4 Jan. 21 11J< May 18 Canton
:6
Jan. 6.102 JuneJ3

„„„
NYCen&HK.

5.15

Prussian tbalers

Treasury have been as follows

.

5 20 (B5.^('^
i.ni^'iiS I8X

33>»

78X 78X
*97X 9.1)4

....
•Mli .... •inv 99X
74
74
TfV 735i 74
•74X 74>i
S7X STX 87X f7<^ 87 X 87X
87X K7X
•86
•86
84
90
88
e9H
•87X S9X
'.... 99X
97
98X
93V •97

90
99

110X6110),

Frankfort

71

46

.

110>i@llCJ«

Bremen, new lielchsmarfc

91H 91)4

7SH

,

„

days.

3

1095^(81C9j<

h19%®lfl^x
109 @I09)4

Hamburg

93!<

107 K 107 !<
7X 73C
IC'H 105)4
89
S»)<
"....

Antwerp

Amsterdam.;

93J.'

55
78><

8U nays.

"
commercial
Paris (bankers

Swiss

Leeal

AgEregate

Deposits.

TenilcrB.

(:!rnvlnc«.

:t6,S38,800

751 .509,033

37.911,300

I93.2S7.100
193.630.700

:t9,909,3(

2!,84O,(H)0
27,81 9,900

•303.139,100
'311,636,400

43.527.4;XI
47,40;.4(«l

r33.10O,31')
700j;:i8 54«

27,638,400

217,267,600
219,367,600

47,303,aiO
48,803.800

27,5l5..iflO

3'32,4S4

80O

27,.5'33.000

236,010,900

51. 607,100
33,78l',M10

2:, 503,500

'337,301,400

37,5I9„300

2-38,*.l.),300

'37,538,100

238,931 000

Specie. Clr'-ulitlnn.

274..351..100

19JS2.400

27,0.17.(1 10

2;3,050,600
271,936 300
280.284,900
283.013.000
285,713,60
283,601,100
284,674,800

18,278,400
18,113.500

20,005,100
30,309,800
30.708,600
31,368,HX)

27,7l4J0e

'387,113.300
283,764,-100
'392,806,800

'JI,.U6,000
'30,399,700
19,913,' 00

38'.i.003.SOO
2''6,90l,!-00

23,79,i.,500

27,416,1(111

'332.387,900

28. B5,3«l

241,774,900

.34.!31.100
.33,608.600

4S5,973,8;o
4l7,078,6Ss

296,597,S00

28,32),100

27.508.400
27,466.400

215,508.(100

63.440,700

49l,2'!9,I7,j

18,.3'3,-i.400

— Below

we

55.10«,:00
55,434,500
53,939.400

743,9'3S,34o

761,655,361
715.4 9.37s
704,'300,ol.ii

ga>.4S9.»6g
595.65 .152
57;.636,314
5"4,76',l.,123

give a stateroent of the Boston
National Banks, as returned to the Clearing House, on Monday
July 15,1873:

Boston Banks.

1

:

London prime bankers
Good bankers

75X 7SK

54?i

actual transactions.

_

....

iiixiiisr

:

rjulj 2). 1872.

Quotations are as follows

S-»i
74

SIX 88
35
35
3oY
....
:;4x :uii 115
7nK 75«
75X 75>i
43),
4iX 43X •I2X 43.',' •i3

l:!«
53J<

the price bid and asked, no aaU was

The range

•78K IS'4

37V

-!'i%
75
•975^
«7H

1^^

92'.<

75X-

54

53;<

....

53K
75X

•S>i\

•J)H
73

54)<
78>s

43

••s?^

....

TTnlted States.. 87J,- S7X
Wells, Fargo., "... HO
Canton....".... BS
99

M

lllii

93J«

nv4 UlXlllX

m%

M

.... •i;i>i

:ii

7X 7X

40 H

53

74

98
52
75

73 JC

10)
i05
3S!<
•58
51

37K
3iH

Adams Exp ... 98
Am. \1erch. Ex 7SH

97?i;

UIH
53
•71 X

'

V

:

in the foreign

Krlday
July 11.
9:x 98

76X
73J< 74X
•91 « 9JK

775^

....

'>m

53X

.

na

I5U 45?^
tiH
H)7« •!07 lOJX

ma

114\

53>«
'Ti

18.

93Si

fi'X

7V
ma
105K
39

SIX S7X

71

IKS

July

9iX 92«
92X 9JX
•75
75^ ;5'.<
75)i
73« ysv 73X 73«
•91
9^^ •91X 9JW

7!<

:05!<

West. IJn. Tel. na 7354
Quicksilver ... *43
43J<
do
pref.
.... 63X
Pacific Mall ... -.an 75X

• i'hls Is

«H

70

5»

•58V

pref...

"

•...

iim

Ill

Six 5SK

July ir.
97% 97M

fiH sax
•92H »!%

78*

Tlfc
•90)4

54

H&

Panama

75
D8
93
75

..

T4W

la

Ohio* MIsslp. 45X 45V
Centralof N. J< 'io;j< 1117 k
Boston,
E.
TInion Pacific.
Col.Chlc.4 I.e.

•111>:IIB

....

93V

16.

9IX 97»

97rf 98

•

9.1

Del.. !..& W... 1C5
JIann. 4s 8t Jos «10
do
pref •63

July

15.

6«« SSH
'....

NorthwbSt
do
pref.

Kock

July

13.

nsx "IMH

•in

Brie

1.

-

.

The principal topic of importance
markets is in relation to the new French loan for
£80,000,000; it is claimed by some of our bankers and dealers in
Exchange, that much of the money from this loan will go to Germany, and then find its way to this country in the purchase of
our Government, Railroad and other securities, thus saviqg us
gold exports to the extent of such purchases. But these transactions, if they ever at all, must be several weeks, and probably
months, in the future, and can hardly be considered as present
influences upon this market

strong, cloning today at 7&J, being the leading feature of the
market. The president of the company is expected to return
from the Pacific coast in a short time, and the activity) in the
Block is possibly connected witli his movements. Panama Railroad has also been higher. Wabash stock has been hijiher, as
also Northwest common, the former selling up to 76^, and the
latter to 74j.
At the close, bnsiness was dull, but prices reasonably firm. It is said that the New York Central Railroad Company have agreed to pay the Government tax upon the scrip
dividend, but will do so under protest, and carry the case to the
United States Courts.
Jhe following were the highest and lowest prices of the active
list of railroad and miscellaneous stocks on each day of the last week

Jan.

.

THE CHRONICLE.

78

do

1

,

:

Lonn«.

Cai>lt>l

Specie. L.T.

IM.UO

ill^W

l.'81,:»0

1»,«0
aejw)

I6J.S0O

Hl«l,l«l

jd.voo

75.0,0

MtJtO
ii<Mt

ain.fia
DUtJUX)

Wl

j.Kwjiiio

-.li.nu

Hl«ck»ton(!

l.H«).IX)0

8.;311.1(X)

Bo«lon

l,(«l.«»

8;jal.9«l

Hnyixro"

aai.uju
200,000
l,UX).00O

Ij39,*i0

Everett
Kani-ullHall
rrecniau'a

Merchants'

MountVernou

New

KDBland
North
Old Boston
Sliawmut
Khoe * Leather

5V^ :(«
;«»JXlO

«JfO

47.400

481.101

11«J(<I

l.UOOJJOg
600.000
1,000.000

150,000

l.tQIMJ

!H5.71fl

;!ll.;iii

i2«..'MI

....

810,(00

I.ISMO

»VM*)
318JW

:,«)2300

112,500

-.6.700

l,i«).000

2,»15,60u

7,2CJ0

19i.600

167,700
7i;,:U0

4I40UO

SOOAW

1,4;2,7110

lifl.ldO

41I2.;00

!84,50C

14'JOO

l.n»7.700

4i:,V!il

119.»>>i

69.^200
8,4W) 71)0

213*1)
l.WLtOO

800000

a.OTlLWO

400.000
S,000,000
200,000

1.0«.^liiO

Tremont

45,200
V-VHIO
7.900
421,100
100
2''.«»
19«,40O

7.4V2.70O
621.610
i.ffM.KOO

1,000.000
900,000
1,000,000
1,000,000
J.OOOvOOO
1,900,000
(OO.OOO
8,l«0,000

"iulTolk
'radisr*'

ULM'

l.liOO

121.800

8,199.2:,0
2.1(«.»liO
2..M2.71I0

412.400
S6,100

8.58(1.800
8.073.,<I0

15,100
3.«on
4i,300
SJ.iOO

I.57i.S(10

M.HIU

2.7a;.-00

42fJ«l

l:i.2<iu

388.1.00

KS1,200

86.71«

l,393,i«
1,149.700

78«.»<l
785 KB
181,400

792.400

S97,'U)0

2-41»0

l.dO.JOO

sw.'rti

hMlOO

ir,3.mi

WOJI*

S«7.;i>0

IST.TO

1.113800

203.?00

811.500
6l.)0O
360.100

9-4.2CI0

1S9 1l«l
C5U.I««

(

«tl

PS3HI

730.2U)

SSI.IIJO

2"

2110

3 3.100

1.IW90J

7-i,afl

2,S90.'0O
1.3'5.i(0
l,6f0.5no
5«n.,M0
I.532.S00
S9«,600

78».Ci«l

First

750.000
1,000000

8.2>3.*'0
1,838.900
4.171.200

Second (Granite)...

1,600000

4.8.V2.10O

8i800

551.500

Third

300,000
2,000,000

1.371.300

817.800
16.400
3.100
80,100

lll.WO
(M.2.W

....

1S».>0U

Wsshlngton

Bank
Bank

of Commerce
of N. America

Bankof

4,68J.;iio
1,93.H.200

l.OnO.ilOO

B'k o( Bodcmpllon

1,000,000
1,500.000

UopubllC...

City

I.OOO.IIOO

Ei({le

1,000,000
1,000,000
1,500,000
3.000.000

Kxchaniie
Hide & Leather
K,!»ere

Secnrlty

J,SS,i,l«i(l

3."15.9('0

8,,'no.rOO

4,553,100
807,600

800,000
1,WI0,000
1,500.000
500,000

Union
Weh^iter

Commouwealth
Total

116,6.30.900

April

Aprtl22

U6,3S«,00U
115213.700

56.3.5(10

144..00

7*.*0

S4l.Be

SK.IUI

1.569.10"

799,600

231.4W)

1,112.H0

192.(«<1

KM

I,H9i.600

750.HXI

I.tU.'.OO

Aril

6'.-.'00

IW.iX:

2-i,:00

169.'J;0

1.160.700

531.9011

15< 5(»
91.600

1.01.200

491.000

I.«i7,1l0

25li,0i«

43.6

13.5I10

»9,7il.lC0

Le^al Tender.

anecie.

114,603,900

Miiy6

114,4'<1.200

S.V.'.S.nW

Mav 13
May 20
M<y27
Junes

ll!<,4a,300

?.255,.'i00

8,:6«,5('0

111,2.33,000

114,550.r«0
115.567,100

2,999,P0O
2,r.M.100
2.214,.">0(l

.Inne 10

!i6,79.4i0

1.75,,6(i(P

.7nncI3
.Tnnc24
.lMly8

117.103,300

1,3116,400

116619,200

1,447,8

9.569.600
10,2«3,000
10.470.600
10.I9*.800
10.2I0,!03
10.615,500

1I2,16I.B00
113,596.230

2.71(1,100
2.96;,'200

July

IS

101 1

26 IKO
162.300

3,7,0„VX)
8.995,300
3911,2(10
3,421,200

29

7ai,.'«lC

$43,804,100 «25.e<0.SI\)

are comparative totals for a Beries of weeks past:

Aprils
15

59:).«<i

792.000
452.6HI

2,600,,'S*'

2.037.300

Loans.

l>a'e.

65.1.300

173.'tO
76»,5fO

2.l9(i,(»«

»1I8.596,1!00 J2.9'il.2!*

»18,050.00O

The following

929,500

19.900
4.100
149,600
13.500
1<.900

1,742.100
1,919.'.00

4,32.710

alO.loO

Joa.riOl
91. 00

2l»,li00

Deposits. Clrcnlatlor.

7.;!--;.400

4;.ii7!i.o

2.5.813,110

7.303.000

4«,8i«,800

7.318.fl'0

45,6l0,ll'O
4-.01l2,rOO

25.853,200
25,8s9.5<0
25,819,400

7.718,700
7.609,200

Ja.lm.WU
2».'it>9,r,C0

4«,*S'i,60O
4.1.340.800

25.654,"CO
2.i,61-.f.0u

'25,65,1(10

«.47'..800

45,474,900
4 ,157,'01
48.S75.50J

9,771,100

48,804.10J

25,610,300

25.612.il0
i4.8!7.0(iO

Total net

North America
Farmers and Mech.
Commc^rclal
Meclianics"

Bank N. Liberties.
Konthwark
Kensington

Penn
•Vesterr
M.innfaclurers'....
Hank of Commerce

Caitital.
$1,500,000
1,000,000
2,000,100
810,0(0
800,000
500,000
250,0(0
25u,0OO
500,000
400.000

$87,000

4,l;i;,n7

5,6,53

$1,000,000

4,2.35.300

1,0(0,000
623,0(«

5t.5,l.i00

2,1I»,(X)0

)4;.(4-0

7*5.5.50

2,796,000
2 366.000

(6S,.S5(I

S?6,((0

1,29,300

213800

27M100

l,3;8,4'ii

6.000
981

220,9(0

223,942
171,0^5
i7l,s75
528,906
208,163
5C6,000
18: 3.'Ji
270,(00
353.633
209,315
450,000

1,618,963
2,12;.000

1,,'9(\021

10,S87
6!,0OO
11,673

l.!«2r85

..

4.48l.(«0

Commonweallh,...
Corn K.tcbange...,
Union

800,000
500,000
300,000
1,000,000

a\.M)

861,693
1,072,660
1,580,(«6
1,229,241

321) ,523

'.51,051

1,3,58.000

4.U6,. 00
1.124,930
884,962
1,062.183
466,i;6
2,219,000
1,817.000
8.681,000
1,05?.060
417,000
6i'8000

26.M9I

,..,

819 888

1,491.039

Third

$I,U(V.OOO
2.(80.638

...

400,(XXI

8t

17.000
1,400
I.0(O
4,500

$1,064,000
63«,49(
1,045,300
1,101,000
58 ',000

1.111,428

'^I'y

n

L, Tender. Deposlts.Clrculafn,

68,,V)0

"

2,«1.000
!,lSi.CO

25O.00O
1,000.000
200.000
300,0(O

Consolidation

Specie.

5,916.,500
2.83(i,0(O
2,9 0..100

L'WOOOO

Olrard
Tradesmon's

Lotns,
t539-,(«0

283.475
30.",6.55

.

4(r;,4l1

7'i581

232
7.019

2,321.000
1,714.0(0

SOOO

r«0(O

I'.WO

432.000

4.041.00(1

21.1I0O

8.V,l,(X«

3(0W)

1,"17,''7S

441.763

150,000

^5.lO0
aO.OOO

112.023

2?7.(lCfl

;97.000

26..108
136.«tl
219,310

Sixth
Revunril

2.50.(00

Eighth

275,000

1,019.000

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

SSJ.'JOO

^10.^0l)

Central
Bank ot Republic.
Secarlty

7.70,000

4.1!P..iO(i

...

71"'..IOO

3.800000

560.000

1.000,000
230,000

2.119.(1(0
623,00(l

....
....

2S7.(O0
174.0(0

1.251,000

800000

450,000

180,000

$16,1135.000 |6(>,llt9»

I3:4,:U5

»13,055,fl5

$48,61 4.513

$11 J33,963

Total

The deviations from
Loans
f>p..'Clc

Legal Tender Notes

tlie

for a series of

Inc,
In<

521.905
26.4111

1

Dec.

2:0,103

I

Aprils
April 15
April 22
April 29

May

6

M.iy

13

May
May

20
27

.Tune 3

June

10

.June

17 ...

Jnne

24

Julyl
July 8
July 15

weeks

Loans.

Date.

128,1100
178.(1(0

I

DepoeltB
Circulation

Inc.

4i9.<9<i

Inc.

2,619

LeealTondpr.

242,1-25

9.778,5.57

.38.5-.l,4;3

ii.;i:;.7m

2|i„W(

....
....

5I.7860H

10.525.814
11.058.762
11.7 2.106
12.0 2.481
12.0;5.3'8
12.128.211

40.223.1.30
40.6^0.1 01
4I.270,:(S9
«.'.149.10;
4,3.0(1.561

1

217.530
2(N 015
J51.5J5

12.-.53,(M1

4-.

.

. .

.

.

51 .949.876

5^.019.5«6
55.663.490

58.56-2,5.9

59 043.965

1.11.851

.56,007.039

....

56,:l4-.,655

....
....

57.J63.669

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

175.(141

110.557
135.135
114.1(6
161.;81

....

59,383.307
59.659.321
59 9flil83
60,411,988

14 2;8.V'3
13,2.35,893

Va 4k Ua., Ut M.. Is,
do
do
stwk....
Georgian. K..7s
do
Block
Orern villa * Col. 7s. gnsr
do
do
7s. c«rtlf.
Ifaron * Branswick eod. 7s...
Uaron 4k Weslrrn stork,
Ilscoo and .\ ugusia tioads
do
flo
endon«4.
do
du
slock
E. Tenn.,

do new bonds
do Special Tax

do
do

do
do
do
do

do Ij>ndC.188«,J* J
do L.ndC.l«^,A*0
of IS*
do 7s
si"! »'
toulalana6a
Donrta
.do
do
., ne
do
do new doattngdebi.

do
do

e»,

do
do
do

8s
8s
Bs

60

7s, fMnlteiillMry

w
w

levae bonds

do
do

I

'.'.'.'.'

^labsmsta
B«
do
88 Mont ft Bufls K.
do
Ss, Alab. AChst, K..
do

W
83
...

I

ICs,

.Io

Co
do

so'

M

Mobile

...

do

H
a

do
do
do
do

»
67
4S

N.

n

A Ublo
do
do
do
do
do

W
M

Columbia. B. C, 6s
Columbus, Ua., 7s. bonds

70
70
70

Lynchburg 6s
^<acon 7e, bonds
Mempiiis

i^ld

M

bonds. 6s

new bonds, 6b.
do
end„M.*C.R.R,..
do
Mobile 5a....
f
no 8b
Montgomery 8B
Nashville 6s, old

do

New

6b.

new

Orleans 5s

no
do

do
do
do
do

do
do

Norfolk 6e
Petersburg

7s

108

to railroads,

I

7b,

old

7b.

new

n

75

M

57
la

(6
75
75
70
«U
Ml

tn

63
gu
70
go
••

(T

do

do

8s gold...

A

ChatI,,

ATenn.

Ist.

M,

8t,

A

do

,

7S
in)

2dM.,7»

A <7nU

conaol
end SaTMnl]
stock
do
do gnaran.
do
Central Georgia. Ist M..78
do
do
stork
Charlotte Col. & A., Ist m., 7s.
do
do
stock
Atlantic

do

do
do
do

M

Alex., lata, <s

do
do
do

2ds, ts
Ids. Bs
tlhs.is

8.

104

75

"

tn

n

it-

s'*
II

M

Carolina RR.

>sl

do

Is

do
do

7s

A

n

«

M,7b (new,'

at

slock

Tena. Ists. Is
do
Jds.is
do
Jda Bs
Ala., Bi (oar.

...,

Wilmington and Weldon7B
do
CbARnth.lBtm.end
do
do
Ist M.,Be...,

Paat Dae Coapoaa.

73
IS

Tennessee StateCoDpoDS..... 1$
YPvlnln Conpons
\M
do
dererrrd.. .1
do

:06
80

M
75

Memphis City CoupuiM

*!

Nashville

BANKING AND

CUy Cun^os

I

M

riNANCI.tL.

1

1

,:«T..,i5i

1

1

.i39.4l.fl

13.9.52.002

.Vl,0-.>1

49 165.015
49,611,5.3

13,055,613

60 days

11. l:t.490
l;.31.5,S(,8

,793

11,332,963

IR711.

1871.

U4!,-«114X
UWIW18109X

112W®1I!)<

119

1I01,®110J»

llOXiit,.,.

1155,;i5ill5J(

1145<«1I4K

106i®iW,'<

lI2!V®!'-2«

113)<i31!SS

106S»106\

(»....

ll4X®m)« lli>i<»iUH 1>SH«1I'
....

6

(a

<» 4
<SJS*
48,103,895

5„

5.

SiL.

'itaL,

20,425,8:0
41.U\011
Eiportsof specleatN.Y.,froin Jan.ltodate*
S,-r.l,»IO
'.Sil.MJ
2,7:n,248
do
$
Imports
do
Ao
do
20..2ii;.;36
l«.g8,561
244.776,593
doi(tld>»
Imports of merchandise
do
li9,eS4,»4.
127.5;4,.-!76
120.002.854
do(riir)»
Kxports
do
do
do
21 »....
22%@.....
•»'t»....
?) lb.
Price of Middling Upland Colton
14 ®14«
IZX^JSM ,'?^S i-ii
do StandanlBrown Sheetings.,,, 'yd,
6 50 ® 6 .5
6 40 ft 6 75 5 50 (85 TS
hbl,
do Extra S(a(e Flour
do AinhfT Wheat
» bush, 1 68 ®1 73 1 40 ®'. 43 1 g g ' »«
9S« I 08
68W® M
58 (861
Western mixed Corn
do
* bush,
do New Mess Pork
» bbl. 13 60(»13 75 J4 S0«14 62>i30 S08 ....
lb
l»H» 18'Si' 15M(a "H li # IJH
do Rio Coffee. prime, gold
i\&»>i ."i*® J-'L »,X® '"^
do Fair to Good Kellnlng Sugar
» B.
5 «>» »
*<ton.325 <;il4 00
Wf 5 ?»
do Anthracite Coal
,.,,
do American Pi)t Iro^ No, 1
» Ion, W«l®5»00 35 a0»S« 00 82 00*83 00
,

Iri

W

The

First

New

Vork.

Mortgage Six Per Cent Hold Bonda

o(

the

Chva

PEAKE AND OHIO Raii.boad COMPANY may b» bought and held

11 3.30 ;()4

at tlilo Date.

»

street.

11,;M2.SS7

1872.

3®47

No. S Nassau

ll..t71l.:'.'>0

UJ.50 115

;4.!24,5i-6

A. S, llAtta,

I^FTSK & HAfai, BANKERS,

.4in..59-i

018.700

-.3.296.2.50

321,315

1

49,ai3.1t;l

151.135
221. «8

Price of U. S, 6s 5 206 of 186-2, coupon
Price of U, S, 58 10-408
Price of U, S. 68 currency
Rate of Interest on calHiians
Discount of flrstclass endorsed notes 60d

BV

IsU, Hs

do
do
do

80

45
93

.

.

70
31

73

..

Rome A l>,,lBt M.,7s.
Southslde, Vs., )Bt mig. Bs. .
do
3dm.,giiart'dls..
sd iii..eB
du
do
4thDi..as
Southwest. KR., Ga.. Isl mic...
do
Btoek
SpartenBbur.A rmon 7b, guar-

75
63

W

(

Selma,

n

75
10
40
(6

A

d'>

71)

M
42
W

M.,lB,eDd.
battaooocs. Ic

B, Ala, Isl

Orsncesnd

V*.

..

is.'

NorfolkA Pelershurg Isl iii.Js
do
do
7b
do
do 3d mo, ,8*
Noriheastem,*,! ..iBl M.1b.._
do
3dM..(s

West
end.

R, iBt M.. M.

I

M.

do
du COOT. 7s.
do
do
do Is
Blch. and Danv. Ist cona'd is.
do
Piedmont Bs.

Rallrnad*.
Ala.
Ala.

Ist

do
do

M)

M)

IncoRie

Block

Orlewu A Jacks.

Rich., FreliBb-g* rolo.fs...,

V
«

Wilmington, N,C.,(«vold....

1

Hs, Interest...,

Smlc.is

Alex. A Man.lsU...
iUchm'd A Peterb'f 1st in.,7s.
do
do
2d tn.. Is,
do
do
ad iHm Bb.

•n

3S

1

eile.

Orange*

W
w «
w n
w fM

6«

1llchtnond6B

Savannah
do

'

T2
•1
75

W

consol. 6s

bonds,

51

. .

BUrTlag
do ax

do
Id
do
do
cerl'i.tB.
N. Orleans A OpeloM, let M.iii

-!
05
IH

4*

Income

do

«

!fl

WeatP.,lBt.w..!
do 1st end.

du

Nashville

82

m

,,...

Montgom.A Knfanla iBt h.gld
end b« sute of Alabema...
Mobile A Mom.. Is gold, sod

North

nonas,
Oiiirleslbn BtovK 6s
Charleston, 8. C.,7b, F.L. bds.

B

«t

4k l.lltle f:.

MoDIgomery*

i

(H,

I

do
Mm., Is...
ATenn., lstni.,7s.
do coosotd.. to.

do

Cltlea.
do

3

Mississippi

70
ei
tO

of 1376

Atlants, Oa,

Mi

<r.U.,.
UlsslBBlppI Ceniral, I>| m., is

69
;

fs
oflSSJ..
"l
do
it
Arkansas 6s, funded..
7b. L. R. * Ft.R. Isa. ts
do
7s. Memphis A L. R.. ....;
do
7b, L. R.,T. B.AN.O. ....;
do
7s. Mlss-.0.4kK. KIT. ....
do
7sArk.CentR
do

Texas,

di.

Memphis

lSi5..

of UIO,

s
Hk.

Memphta * Chsrlseloa. Ist Ik.
do
do
Mil.
do
do
••4Mk
Memphis A Ohio, lOs

(«..,

Jan, ft July.
do
April* Oct.
do
do r^indlng Act. lf««

do
do

ll,4'7,o99

ll.:i59,46l
11,:»4 1-231

297,9,-!5

14.510.639

Price of gold
bills,

.

new hoDdt

Sooth Carolina

3

,

endorsed
7»,Oold
(forth Carolina to. old.
do
do to N.C. ILIt CO..
do
do ruDdlnKAet.lMi
do
IflM.
do
do

ll.:-91.7I0

43.675.411

49.694,084
19.731.671
19,0-7.751

Commercial and Financial Snmmary
Prime Bankers' Sterling

TK,
7«,

Deposits. CI rnUtlo".

.55,03-2,203

.

do
do
do

^rsaaak is, sad.

lavaanah am. char Isl n,. Is
Cheraw and tls,'llogt>in 7B
KaslTrnn, * (•s.'iglaSa
EaslTrun,* Vs.*. snd. Tsm

Harvey FibK.

Specie.

51.995.771

.

Charteslon «

the condition of the Philadelphia

:

...

....
.

Slate*.
virvlnl»M, old
do new bonda
io
do
do consol. bondi
do
do deferrcddo
Ueorgl* 6<

returns of previous week are as follows

The annexed statement shows
Banks

1(2.11(0

In the

SSOUUTU*.

A*k.l

25,8I0,0CC

48.268.6(10

48.4IO.50O

day, July 15, iS72
Banks.

Ud.

•aouaiTiu.

I

Piiii,.\.DBLPniA Banks,
Tlie followmjris tlie average coiiditlon
tlift PhilaiJelphla National Banks for the week preceding Mon-

Philadelphia

•BCVaiTIBfl.

pricM are necctaarily oomlDa),

any recent i»Im.

25,8(«,6(iO

47,811,000
47,221,100

—

ol

ot

OoO

»an,|i|jO

l.l«6JIU

lAW.OOO

S'Bte

,

I

1T« 1l4)

»i..101l

:OOJ«0

Ma8»achuielt«

Miverick

2-(i.lJ00

400

11I.W)

Mirket

...

,

79

S<iiDu of Iheae

M/O

Till

2.601.700
7UI.8Uu
2.54l.'0O
1.529.000
2.41ll:«0

Hiiinllton

Howard

Si.ax)
4,200

2,.'i.|';.0UO

;«:*«

li.OM.(l(IO

2U).00O

"lohe

1(1.

.v.i'T.OcO

l,U10,0(W
l,UXI,000

Miot

.

VOVTHBKN

Clrenldi

(is.'oo

i,50ooou

Coluniblan
Continental

NorM. DenotlM.

M

Atiii»

Broadway

.

THE CHRONICLK

July 20, 1872.
Bankn.

—

:

••

with

the

tallest

confidence as a perfectly safe and reliabU

investment.
Tlioy are

amply secured upon one

important East and

West Trunk

ol

the ino»t raluable and

Lines of Railway in the t'Dlletl

Swtes, nnd are the obligations of a powerful and responaible
corporation of the highest standiu}; and credit.

Holders of Government Bunds and other high-priced secnritic*

may

realize

an important

diftVreixce

Uy an exchange for Uieaa

bonds, without any hesitation or apprehension aa to the equal
security of their investment.
at our office or

Full information

may

be obtained

by mail.

FISK &

MATCH

Banters

—

X
M
H
«

. ..
,.
..
.

.

.

'

.. ...,

...,I
,

.

THE CHRONICLE.

60

[July 20, 1872.

QUOTATIONS OF STOCKS AND BONDS

ttiUJNKKAL

active 'stocka and bonda are qnoted on a previous paee and not repeated bere,
repreiteut tlie per cent value, wbatever tbe par may be. "Southern Securltiet) " and N.
are quoted in »eparate llstii.

The most

TOOK8 AND

Bid. Afk.

fiSOIXBITlKB.

KBIT YORK.
(IT. B.

Bonds quoted

&

Han.

Joseph.

bt.

California "s

do

large bonds

76,

OonnectU'.ut 6s
Rhode Island 6b

Ohlo6s,l«5
do 68,1881
do 68, 1886
KentncKy 6s
Illinois canal bonds, 1370
68 coupon, 77
do
1879
do
do

Indiana Ss
Michigan 6s,

95
95
96

1873
68,1878..
6s,188S
7s,1878

do
Jo
do

:oi
:i)6x

Kew York Bounty, reg
do
uo
do
do
do
do
do

SB,

106X

1873..

i6i>i

1875
18T7
1878
1874

105X

Cincinnati 7-30'8
Chicaj^o 6'8

1872...

do
do
do
do
do

do

105 >4
1U6

7s,

Detroit City,
St.

97S

Joseph, Mo.

101

7b

92X

Atchison* P. P^, 6s gold

65

California Pac. RR,7'b, gld...

subscription.

.

1880
18S8

94"

Long Dock Bonds

Una. N. Y. & E. Ist M., 1877.... 95 )i
!03H
Hurt.R.78,2rt M.S.F.1835
ISiK
7s, 8d Mort.,1875
do
101
Harlem, Ist Mortgage 7s

Con.M.&S'kgF'd6s. 97"
JLlbany & Susqb'a, 1st oonds..
do
do

do
do

2d
3d

9j

.
.

117"'

Mich. Cent., Ist M. 88, 1882....
Chic, Bur. & Q. 8 p. c. Ist M..
Ulch. So. 7 per ct. 2d Mort

Mlch.S.&N

l.S.r.7p.c....

99k
m%

115
loo
U'3

* Tol. Sinking Fund ., lOOH loo'
97
Tol., new bonds
Cleye., P'ville& Ash., oldbds, »5X loo

Cleve.
Cleve.

A

do new bds

do

Detroit, Monroe & Tol bondB
Bnffalo & Erie, new bonds .,,
Lake Shore Div. bonds

KM

9«H

97
102

9!

loo

W%

Lake Shore con. coup, bonds, 100
do
Con. reg. bonds.. 100
98X
Pacific K. 78, guartM by Mo..
Central Pacific gold Bonds,

loi'
101

1U1J4 :uisi

.

Union Pacific 1st M'ge Bonds,
do
Land Gtrant, 7s..
do
Income 108
..

90

9U

81
S7

3J

lUinolB Central 7 p. ct., 1875,
Bellev'le& 8. Ills. K. Ist .\1. 8'8. 100
Alton & T. H., Ist M

do
do

do 2flM.pref
do 2d M. Income,.
N. Western S. Fund.. 01

98><,

9.i"
SI

*

do
do
do

do
do
do
do

Int.

Bondj

Consol. bde
Extn. Bds

1st Mort
Iowa Midland, 1st mort., 88...
Uan.ft tit. Jo. Land Grants...
do
do convertible
I)(il., L&ck. & Western, 1st M.
do
do
2dM..
Tol. A Wab'b, 1st Mort. eit'd,
do
IstM.StLdlT.
do
2dMort
do
Equip. Bds
do
Cons. Convert.
Hannibal A Nap I»s IstM
ilo

lOJ

.

102"

,93X

\M

31

39
94

&

Cblc,

do
do

do
do

do

(*> 8 p. c. eq't

do
do
do
Chic.

do
do
Ohio

&

Pitts.,

A

do
do
do
Alton
do
do

&

105
102
97

2d Mort
3d Mort
bds

Consol, S. F'd
2d Mort

SdMort
Mort

95
100

97
34

4th

Sinking Fund.,
Ist Mortgage...

Income

Miss., Ist MortifaKR..,.

do
do

New

Consolidated....

& W.

2tl

m.

.

Jersey Midland "s, gold.
Kvansville, T H & Cliic 18, gld
Ellzabetlitown & Partu, 8b con
Evansvllle, H & Nashv.lst
7s
Eur. pean & North Am, 6s, gld

Southern Minn. Ss
Des Moines Valley Ps of 1851,
do
do Land Grant,

* Mo. Rlv. Ist m. 78
Pittsburg, Cln. * St, Louis,
Keokuk & St. PanI, 8s..
Carthage & Lur. 88.
..
Dixon. Peoria* Han., 88.
0.0. & Fox R.Valley 88.
Quincy & Warsaw, 88
111. Grand Tr'ink
Chic, Dub. & Minn.. Bs.. |o

83X

I'Jsk
9?

102

St.

Jo.

&

do
Mo. R.,

C. BI

.

do
Ft., S.

let M., 108
8 p. c.

A Gulf, Btock,

Ist. M, 108
do
do
do
do
2d M,, 10s
Leav Law. & Gal,, stock
do
do
Ist M., 10s.
Michigan Air Line. 88
Jackson, Lansing & S., Ss

"t.

Wayne, Jackson*

Gi-i>:

Rapids
do

'1

&

&

S., 8s,,

Ind, guar. 7*s
* plain 78

Harlem pref
Hartford

do

&

do

(Orlp....

25

28

15
62)i

53

Wllming. A Baltimore

West Jersey
Chesapeake A Dela. Canal...
Delaware Division Canal

Lehigh Coal and Navigation..
Morris (consolidated)
do
preferred
Schuylkill Navlgat'n (consol)

do

do

pref.

Susquehanna* Tide-Water...
West Jersey 7s, Jan. A July...
Penn A N. T. (janal
Philadelphia* Reading
West Jersey RR. 6s, M A S.

BOX
126"

H
'0

61
73
118)4 119
93
,98)4
11'4
1C6
78)4 79
101
100
74K 74)4
117)4
54
128
174
110
106

44
96
87
60
123

37)4

62H
127

18

£0

S6)i

14

''^^

.

Maryland68,Jan,. A,, J.& O..
do
6s, Delence
Baltimore 6s of '75
..,
do
1884

99

95%

do
do
9'ji

do
do
do

Clev., IstM.,

7, "77.
6. 18'i4...

8s

do Bonds,

83X
97>i
100
100)4
41X 41)4

7, 1877..

80
32
99
93

(N.

W.Va.)2dM.6B
3dM.6s

* Connellsv., 1st M.,

7, '98

SdMM7 '88..
do
do
do To'do dep. bds, 7, '81-'94.
Dayton A West,, Ist M.,7, 1905.
1st M., 6, 1905.
do
do

PHIIiADELPHIA.

97)4

B6K
101)4 102)4
91)4 91)4
94
90)4

97

93 j<
94)4

9I>«
91)4

90X

S3)4

B2
83
,02

8S
91
108

90
95

93
S7

;oo

101

80
96
92)4
100
98
ti
85

84
94
94

91
S3

88
88
73

81
W2)4 Ind., Cln. A Laf., 1st M.,7
Pennsylvania 5s, 1877
102
do
(I.&C) Ist M,,7, 1888 87
do
Military Loan 68, 1871 101
.Innc, Cln. A Ind„lst M.,7. '»= 65
do Stock Loan, 6s, '72-'77 U5
do
Little Miami, IstM., 6, 1888
do
6s, '77-'82 107
97
Cln, Ham. * Dayton stock.. ..
Philadelphia 6s, old
;04«
ioix
Columbus A Xenla stock ex d •-'ly.
do
6s, new
90
52
Dayton & Michigan stork ex d 42
Compromise
Pittsburg
4Ks.
105
74
do
8 p. c Bt'k guar 105)4
do
do
5s
:oo
90
ex. d. 107>5
Little Miami stock
FundedDebt 68 ...
do
93
78
alleghany
County,
5
IiOIJISYII.I<K.
16
do
86H
do 68, '85
83
92
Louisville 68. '82 to '87
g-j
Belvidere Delaware, ist M., 6.
60
85
6s, '97 to '98.
do
do
2d M„6. 84
do
20
Water 6s, '87 to '89. H
do
88)4
do
do
3d
M,,6.
Water Stock 6s, '97 81
94
do
•J8
6 of '75
A
Amboy,
Camden
81
lie
Wharf 68
do
do
6of'S3
do
103
special tax 6s of '89. 81
do
do
91)4
do
6of'89
96
Jeff., Mad. A I,l8t»I,(I&M)7, '81
87K
consol., 6 of '89,, 96
do
do 2dM.,7,dnel9CO, 79)4
do
87)4
Cam. A Bur. A Co., Ist M., 6
69
1906,,,
do
do
Ist
M.,7,
99
Catawissa, Ist M,,
Lonisv. C, A Lex., let M., 7, '97. S6K
60
Elm. A Wil'ms, 5s
103)4
* Fr'k., 1st M.,6, '70-'78.. 87
.

.

fc«K

96X

do 2dM., 8. F.,«,'es,
do 8dM., S. F,,6,190<'
do 3d M. (Y. *C)6,'77
do Cons, (gold) 6, l!iCC

Pitts.

MX
9S)4
«6)4

Central Ohio, IstM,. 6
Marietta * Cln., let M„ 7, 1891.
do
do
2d M., 7, 1896.
Northern Cent., 1st M. (guar) 6

do
do
do
do

99 Si

98

Park 68
Ohio 6s of '75
do 68 0) '90
do 68ol'85

1890

A

104

9BH

6b,190(^

Baltimore
do

92

Vermont & Canada
Vermont A Massachusetts

.

L->ul8.

93
7s, 1380
do
S6>,
LU2>i
Hunt. A Broad Top, Ist M.. 7.
ss.k;
do
2d M., 7, '75... 87
do
do
Cons. M., 7, '95. <8M
do
166"

do

do

.

97)4
2d Mortgage, 7
do
Oil Creek A Alleg. P.., Ist M., 7. 79^

91X
in"
120
129

Pennsylvania,

92 >i

1st

M.,

6, li-RO...

do
do

2d M., 6, 1875.,..
Debentures, 6, '69- '71
li7k
Philadelphia * Reading, 6, 71

do
do

do
do
do
do
do

90x

9W

34«
60
130

6, '80. 97^:
6, '86. 101'
Debentures, 6. SI

•Jo

184

i

Snnhury

iCO
9836
95

(f

97*-

96'

^

do
7, '93
do 7,gen.M,cl910
do 6, regls'd 1910
do
do 6, gold, 1910..
PWla, AErle.lstM rgold)6,'81
do
Ut y. (cur.) », '81

ICSV

mn

L.

.Innc, Phlla., 1st M., guar.6, '82, B9
Lehigh Valley, 1st M., 6, 1S73. 99)4
do Ist (new) M,, 6, '9S. 9<)4
do
Little Schuylkill. lstM.,7, 1877. 102
North Pennsyl,, 1st M., 6, 1880.. l(jO
112
do
Chattel M., 10, 1887. HI

80
84

N. Haven

nUBotiCentrkl...,

;;7

Phlla.,

93)4

es
95
95
92
89
89
90
(0
82
E8
70
89
93)4
108
44
106)4
108

8S
82
i5
82
82
82
Si
8?
90

1

P. JervlB7s,gold

Grand River Valley, 88

97
Chic* Mich. Lake, S., 8s
96X 96» Detroit, Lansing A L, M, 88
S8>4
i-8

98.S
i'.H

90
99
97
93
87
105
93

* S. Haven RR.3'8.
& M.. Land M., 78.. 97
do
2d S., do 7b,. 100
mii
111
do
3d S., do 88., 103
113
do
4th S.,do88.. 109
5th S., do88., 107M HI
do
6th S„do8s.. 10; )i 111
do
do Creston t^rauf^h loej* 103
do Chariton Branch 106 US

Montircllo
98

102

103

220
59
55
98),
113

97'

Philadelphia Erie
Philadelphia A Trenton
Phlla,, Cierman. A Norrlstown

134
Connecticut River
Cincinnati 6b
94 !K
Connecticnt * Passnmpsic, pf. 94
do
68
108)i 1C9J4
Eastern (Mass.)
7-308
do
34
Fitchburg
Ham. Co., Ohio 6 p. c. longbds.
Indianapolis, Cln. & Lafayette
do
do 7 p.c, 1 to5 vrs.
Manchester A Lawrence
do
do Ig bds, 7 & 7,30»
141),
Nashua A Lowell
Covington * Cln. Bridge
Northern of New Hampshire.. 126"
Cln.,Ham.*D.,l8t M., 7, 80..
Norwich A Worcester
do
do
2d M., 7, '85..
tl
Ogdens. A L. Champlaln
do
do
3dM.,B,77...
pref.... ;i5
do
do
Cln. A Indiana, 1st M.,7
;i4
115
Old Colony A Newport
do
do 2d M.,7, 1877.,
127
Port., Saco & Portsmouth
Colnm., A Xenia, Ist M.,7, '90.
iik Dayton A Mich., 1st M.,7 81.,
Rutland common
do preferred
do
do
2d M.,7, '81..

sik

85
103

212
50

8)»
76'

84
80
30

'25X

do
do
Ist M., 6, 188!'
West Md, IstM,, endorsed, 6, '90
Vermont A Mass., 1st M., 6, '83. 32
U»>4 119*
do
lstM„unend,, 6, '90..
Boston A Albany stock
141
do 2d M., endorsed, 6, '90,
Boston * Lowell Btock
Baltimore A Ohio stock
la7
Boston A Maine
Parkersburg Branch
Boston A Providence
Central Ohio
Cheshire preferred
do
preferred...
Cln., Sandusky A Clev. Btock. 22 H 22ik
Concord
CINCINNATI.

96>i
96
96
95

Burlington

SH
78'

85
91)4
"4
TO
97
93
89

.

6. 1872

Little Scliuylklll.

Verm't Cien., 1st M., cons., 7, '86
CO
do 2d Mort., 7, 1891
98),
Vermont * Can., new, 8

40

92

S. F..

do
2dM,, 6, 13^2.,
do Improv.,6, 1S70..

Mine Hill A Schuylkill Haven,
Northern Central
43K 44M North Pennsylvania
Oil Creek A Allegheny River,
20
25
Pennsylvania
18
20

Rutland, new, 7

77'

.

7b

do

Boat Loan,

Catawissa stock
do
preferred stock
Elmira A Williamsport
Elmira A Williamsport pref.
Lehigh Valley. (ex d.)

;oo> 101

& Erie, Ist M (new)7.
do
do certificates...
Old Col. * Newport Bds, 6, '76.

83X

& In, RR. S's

Burl. A M. (In Neb.) Ist conv,
Suincy * Palmyra, Ss
ansasClty & C., IOb

Gold

Eastern Mass.. conv..

90

Kalamazoo
do
do
do
do
do
do
do

58,

Hartford

101

'eoria

Detroit, Hillsdale

6s

Ogdensburg* Lake Ch.

.

,

do
do

CheBhlre, 6

89

6, 1S77.

101

6, 1876. .,

.

Portland fiB, building loan
72X Burlington * Mo, L. G., 7

r.ouUlana

.

Hew York A N. Haven 6a
A Erie, Ist mort.

85'

:997...

99
102),U'2
f8
,93)4

BAI^TIMORE.

Currency.,
Gold, 1S76...

*

6,

Camden * Amboy stock

6b

do 58, gold
Chicago Sewerage 78
Municipal 78
do

Ss.

2d
do
St.L. & So'eastern Isr M,,78..
Dub. & Sioux C, lat M
92
American Cent al 8 per cent..
Peninsula Ist Mort., conv. ...
Atchison* f<('bra8ka8p. c...
St. L. & Iron Mountain, 1st M. lOOH 'OOK
Knn. C, St. Jo. & C. B. 8 p. c.
Mil. & St. Paul, 1st Mort. 8i
109
Conn.
Western Istm,
do
do
do
7 3-10 95
Texas, 7..
do
do Ist Mort....
92
SH Mo., K,in. A
do
do Iowa div...
87X
do
do 2d M
83
Railroad Stocka.
Marietta ft Cln., Ist Mort
fNot previously qnoted.)
Uaic. & Milwaukee Ist Mort..
Albany * Susquehanna
Joliet & Chicago, Ist Mort.
Atlantic A PacillC, pref
Chic. & Ot. Eastern, Ist Mort,.
Chicago AAltoQ
Col.. Chic, & Ind. C. Ist Mort,
pref.
do
««
do
do
do
2d Mort
Chic. Bur & Quincy
Tol., PeorlB * Warsaw. E, D.
Clev.. CoI.,Clii. A Indlanap..
do
do
W. D..
Cleve A PlttBbnrg, guar
do
do Burl'n Diy.
Centralof New Jersey.scrlp..
do
do
2d M
86>j
Col. Chic, & Ind. Central
do
Conaol. 7s
Dnhnque* Sioux City
84k
Boston, H.

do

bs
6s,

Cln., San.

!01

Gold,6,l'97.

Convert.

do
do

2)4

Boston 68

is,

Indianapolis. B.

loo

Ist M...

90
89
09
85
40
91
70
80
b7
66
90

Certll.,..

Massachusetts

101

1

.

W.

Vermont

gold
Bur,, C. apias* Minn.7s,gld 9i'
Count ctlcut Valley 7s, gold^
97M
Montclalr 7s, gold
Clilc, Danv.* Vlncen's 78,pld

9034

l0-2>4
Chic. K. Island & Pacific
102
0J>4
Morris & Essex, 1st Mcrt
do
do
2d Mort
!0:m
Hew Jersey Central, Ist M., n. 107^ loi"
:U2
do
do
ad Mort.
„
New Jersey Southern 1st in 7s

CIcve.

Walklll Valley

99"

Chicago Extended
do
a*! Molt...

Pitts., Ft.

7,8

* Hannibal R. S's.
Chicago & Iowa R. 8'B
94X Omaha* Southwestern RR.8'8
95

loo

2dM.

*

Mich, RR.

Hampshire,

7s, 1S7

Schuylkill Nav., Ist M.,

.Maine 6s

New

Aak

We8tch.*Phll..lBtM.,conv,T
do
do
2d M..«.187R..
West Jersey. 6, let mort. 18f6.
Wllming, A Kead..Ist M ..7. 1»»'
do
do 2d Mort 1902
Chesa.&Delaw..lst M.. 6. !33(
Delaware Div., 1st M., 6. 1878.
Lehigh Navigation, 6, ;8°4....

Morris, Ist M..

BOSTON.

26
It
92
90

Securltleii"

Phll.,Wilm.4BaI..lstM.,6,'84

do
do
do

1

Quickailver prelerred
Wells Fargo scrip ..

.

ioo>,
99

165"

M.,lS8ii....
1893....
Tol.. IstM.. 1890....
111.* So. Iowa, t8t Mort

Ualena

&L

do
7's, end
do
Southern Pacific RR. 6'8,gold.
Atlantic * Pacific RR. 6'8 gld.
Cen RR. of Iowa. iBt M, 7's gld
do
2d M, 7's,
gld
"'
Chi, A Southeastern RR.
DeI.,Lac.& West., conv,
Peor'a. Pekin & J, Ist m, gold

.

:oo>4

Great Western, Ist

do
<JulncT&

Port Huron

Mariposa Gold
Trustees
do

m

.

Chic.

Inc.Bonds.7,N0.16,
do
do
do
No, 11
Denver Pacific RR 4 Tel 7s.
California & Oregon, 6'8, gld..
St. Jos* Denver E.D, ,8s, gold
Danville & Urbana. let, 78 gUl.
Indianapolis & West, let, 78 gld
St. L,. & St. Joseph, 1st, 68, gld
Lake Sup. & Miss. Ist 7's, gld
Rockford, R. I.& St. L. 7s, gld
Peoria & Rk, I. RR. 7'8, gold,
.

104 )«

do

do
do

Atlantic Mail Steamitalp

conv. 1876

A SunVnry

S6X Phlla.
74
29
14
98
45
126
26
145

York, prices

"tocal

42
54

Canton Co
Delaware A Hudson Canal....

101

Central Pacific, Ts, 1883, gold 100
State Aids, 7'8. no
do
9!
Western Pacific, Bs. gold
78,1865-76
lOCK Kansas Pacificist M., (gold) 7. 101
Brie Ist Mortgage Extended.,
do
IstM.tgld) 6, J. *D. 85 i<
do
do l8t
Endorsed..
1st M.(gld) 6, F. * A. 88
do
do 7s, 2d do
1879.
102K
do
18t M.(Leav.Br)7, cnr Bt
i66'
do 78,3d do
1833
LandGr. M., 7, 1330 87)i
do
94" 96
4th
78.187B

do
do 7s,
do 78,5th do

«4
70

Western, pref. 87

Consolidated Coal
Cumberland Coal of Md. ...
Maryland Coal
Mariposa pref
do
iBt pref
N. J, Laid Improvement Co.
Pennsylvania Coal
Spring Mountain Coal
Wllkesbarre Coal

90
93
94
99

Ills, 7's
7's

A

American Coal
Boston Water Power

96 )i
102 S

Mls'-ourl Pac. ,6s, gold

68,1887
6s, real estate...

78,

,,

niacellaneous Stocka

20

,

7's

Cook County,

Railroad Ronda.
68,

Chicago

Warren

at

Cleveland, Ohio. 6*8 various,
do
do 7'8 various.

N Y. Central »», 1883
do
do
do
do
do
do

Long Island

the N. Y. Board.

Arkansas Levee bonds,
Albany City, 6'8

.

Canal,

Jollet

92

Toledo. Wab

Ronda not Quoted

lOdH

do ecu
6b,
6b,
6b,
6b,

A

97X
Ibt

New

In
1'.

STOCKS AND BBCrBITIZB

Bid. Aik,

.

War Loan

do

aTooxa AiiD asouBima.

94K »1X -Marietta A Cln., Ist preferred 25
12
South Side, L.I. Ist Mort 78., 99
do 2d pref.
do
Morrl" A Ks»eT
92X
do
Sinking Fund..
4;:x
Morris A £f:sex, convertible... 92
Mo.,Kausas&T
123)4
New Jersey
do
do construction. 94M
25
Jefferson RK, 1st Mort. bonds.
New Jersey Southern
98>, New York A New Haven
144
K. lenn., Va. & Ga„l8lM.,7B.
scrip
Winona* St. Peters. Ist M,,.. ti8 89
do
do
Nashvill" * Decatur'.s' M.7B.. 87
N.Y., Prov. A Best (Stoningt.)
'. C. C & Ind's Ist M, Ts, S. F. nil
101 JC Ohio A Mississippi, prelerred, 74X
96 )«
Kansas Pacific Inc. 78. No. 16.. 95'
Pitts.. Ft W. A Chic, guar,.
9U
special,
Cln.&Sp'dlstM. sld. CC&I
do
do
105
do
1st M, gld. L S & M S 95
Rensselaer A Saratoga
95
La Crosse & Mil. 8s, 1st M....
Watertown A Ogdens. 20'
Rome,
90
Lafayette. Bl'n & Miss, let M
St. Louis, Alton * T. Haute.
pref. 42
Pekin. Lincoln & Decatur IstM a:*
do
do
lOOx
Han. & Cent. Missouri IstM.. 83
St. Louis A Iron Mountain
8;
i-5
Cm., Lafayette * Chic. 1st M,
St.L.,Kan.<;.* Northern pref 71
103X South Side, L. I
Del. * HudBon Canal Ist M... ;o3
St, L.

(Sootiern quoted prevlouslT.)

do

cmtima.

AST)

Am. Dnck * titi, Co. 7. ««
Long I landRRlstM, 7s
Jackaouville * Chic.

before.)

State Konda.
Mle^Buu ri bs

TOCKs

H

.. .

82>4

i(;4)4

103
103)4
102
104
95)4
92
90

Krlfij,,.,. ...,„,,, 100

Loulsv.Loan.fi.'Sl.
7, TT,

« Nash. 1st M. (m.s.)

do
do
do
do
do
do

Lor. Loan

(in.B,)6, 'S6-'S7

S6
92
33
f2
95
91
32

(Leb.Br.)6,*86
do
IstM. (Mem. Br)7, '70-'75.
lstM.(Leb.br.ex)7, '80- '85
Lou.L'n(Leb.br.ex)6,'98
Consol. 1st M.,7. 1898.... x91

.lefferson..

A Ind
* Lex., pref
common

90
87
9«
84
83
99
94
83

Mad.

R5
40

45

Louisville

79K

BOX

Long Bonds
6s, Short do
do
Water68,gold
io
do (new)
do
do
Fark6sgold
do
Sewer SpeclalTax 68
do
North MlBBOurl, IstM. 78
2dM.76
do
!8dM^fs
do

89
92

Lonisv., Cln.

do

do

A Nashville
ST. 1.0ns.

3t Louis 68,

101

98

!00
92
92

50

Pacific (of Mo,) IstM,, gld, 68.
KansMPacUlo stoct,,.
..J lot
UiuDuri faiuUf fir*

July 20,

X

5B
4
7
5
»6
6
5
4
4

..

—

:

.

!

y

45

'

!

THE CHRONICL]^

1872.-1

81

LOCAL SECURITIES.
Bank

Stock laUt.

COXPASUS.
Marked thus

are

(*)

Dot National.

(QnoUllou bf
Par Amount. Periods. I87D

America
Amerfcan
_
Amerlcaa Exchange.

SOO,Oc«
296,uao

J.* J.
J.* J.
M.&N.
J.& J.
J.& J.

LIWI.WO

.!.« J.

3,0(0 (X'4
500,0l«

.

5 01)0.000

Atlantic

Bowery
Broadway
Head"
Butchers & Drovcra

mafw

Bull's

Last Paid.

10

July, •W..J
Jan., '«7...S

May,
,lan.,

Q-J.

Chemical
Citizens'

City

uly,
nly,

Commerce
Commonwealth

,J.& J.
J. 4 J.
.!.«; J.
F. & A.

75O,0«l
8,000,000
1,0,X>000
100,000
1.000,000

Continental

Corn Kxchanxe*
Currency

Dry Goods*
East River
Eleventh Ward'

350,001)
Slfl,CO0

Filth
First

600 009

July,
July,
July,
July,
July,
July,
July,
July,
Feb.,
July,

M.AN.

i,oa).ouo
10,000.000

Q-J.

jTa

Fourth
Fulton

5.000,000
600,000
•.000,000
200,000
soo.ooo

German American'.,
Germania*
Greenwich"
Grocers

Hanover
Harlem*

1

& Traders'

Manhictrers'A Build.'
Leather Manufactr^...

Manhattan*
Manut. & Merchants*
Marine
Market
Mechanics
Mech. Bk(? Aflso'tlon..
Mechanics & Traders..
Mercantile

Merchants

Ex

Merchants'
Metropollft*

MetrDpolltan

Murray

Hill"

Mutual*
Nassau*
Katlonal Gallatin

New York
New Tork County

N Y.Nat. Exchange..
N Y. Gold Exchange*
Ninth
Ninth Ward
Nort America*
North River*

'...

>

Oriental*
Paclflc*

Park
Peoples*

Phenlx
Republic

too

-"

Security*

Mcholas

Seventh Ward
Second
Shoe and Leather
Sixth
State of New York....

Tenth
T>lrd
Tradesmen's

Union
West Side*

1,500,1100

200,000

175

200

135

255

M)

117

119
84
92

'TiJV

82
01

130

•W...4
'T2.SK

W..1 US
200
ii:

M.«N.
F.& A.
M,*N.

May,

153
112
120
19»

10

7

1

J.St J.

io

4. 1.
F.&A.

8

2U
10
8

4

Feb., 12...
Nov.,

May,

12..lfl

July, T2...5
July, 'W.. 4
Feb., 'T2...4

no
102H

12...

m

July,
July,

'T2...4

124

F.4A.
J. 4 J.

Feb., •T2...6
July, '72... 4
July, 12...
7uly, 12...
July, '72 ..5

J.
,1.4.1.
,1.4 J.

105

12... 6

iss"
'53
101

IS!
IOC

IK
123
133

132)4

M.4N.
M.4N.
M.4N.
J. 4 J.

May,
May,
May,

12...
12...

iaj"

'TJ...6

1811

•Inly,

12.. .4

:i6

J.

July,

4

J.

.iVi'j;'

A.4
J. 4

lis"

May,
Apl.,
July,
July,
July,

.5

J. 4.1.
J. 4.1.
J. 4 J.

July,
Jnly,
July,

T2...B

June,
July,

'T2...4
1-.'.3K

IIBH

July,

'T2...6

12...

J.

Jnly,
July,
*='eh.,

July,

W8K

J. 4.1.
J. 4. 1.
J. 4 J.

'T2...4

'V2...S

lOOX

Inly,

'72.. .5

12.. .6
11.. .6

IRO
150

M.4N.

May,
July,

J.

.July,

.1.

July,

J.
J.

4
4

M.4N.
J. 4 J.

Excitange
Farragut

ISO

Metropolitan

100

do
certificates..
Mutual, N. Y
Nassau. Brooklyn
do
scrip...

New York

People's (Brooklyn)
do
do
bonds.

Westchester County
Williamsburg
serin
do

Bleecker St.<tFultonFerri/—eloc]i

mortgage

Ist

Broadtcatj

100
OO
100
lOOC
10

1

,

Seventh .4rc— stock.

<t

moTtgage
Brooklyn CUy—6toC\i
Ipt mortgage
Bilvii, /'imped Pktt /7«lfr-8tock
Ist mortgage
1st

Broadwitf/

I

Bt'nokli/n d:

J.
J.

Brookli/n)— stock. .._
Hunter's /t—stock...

mortgage
Atlantic Acenue, Brooklyii—-stock
Iflt mortgage
2d
do
3rd
do
Central Pic, Jf. <t JB. iap«-— stock
Ist mortgage
21
do
l8t

|

lOOO
SO
1000
100
:oo

1000
lOO
500

J.

4

May.

110
11.. .4
12.. .4
12... 6l 143X
12... 5| 133

July,

'T2...4I

Varlons.

J.
J.

Jan., 'T2...5
Various.

4
4

J.

M.4N.
M.4N.
M.4S.
r. 4 A.
J.
J.

4
4

dt

Brookli/n—itook. 100
'two
100
1000
100
IHIO

500,000
214,000
1,200.000
700,000
1,000,000
903,000
750,000
200,000

tt Balteru—ttock

EiylUh 4renue—stock
1st mortgage
12'/ St. <fc Grand St
1st morteage

Grand

Street

<fc

.fsrry—stock.

JV<trtow?M—etock

yintk Arrn ?/^—stock
l»l nuirlEiige

Sei'iiid Ar-fti r/e- stock
Ist
'-!t\

,

in,)n,-age
liKirtgftgc

niurtgawe
Cons. Convertible
Strth .1 rentie stock
l.it niortzage
;t'l

—

'ffiird .i

1st

•

100
lOOO
20
100
lOOO
50
lOOO

•;

Home

1.50,000

1000
ICO

315,000
750,000
250,000

100 1,170,000
jooo! 1,830.000
300,000
Ftatbu«h~~%tocli. I00|
125,000
:oool

mortgage
<fc

mortgfge
This column lUuws

last

.i*a.,'<i(..I

AM

njtm

Jaly,'a..5
r«b.,1l..»
jBir.it..i
joi..-a..3
»'eb„'a.lo
July. U. »

84,726

aojOM

anxM

iOOAD

8,tl0

400,000
290,000
2,900^000

4IJ7I

Jiily,11.7H

Jan., 12. .1
jBly,*JJ..i

2S,M>
10

10

jM..12..t

ISOAW
tOBM)

Hope

Howard

soofioa
'200

*

A»

Mnx
Ut

200,010
1BO,ODO

80,000

M,476

liik,*B..S
Joly,1»..»
Jaly.ia.KI

12,4S2

Jaiy, 12.

90

2aO«0D
I5I>W0

|l<0

SOOfiOO

25
SO
2S
100
100
100
25
SO
50
50
:o
BO
SO

ISOWO

49

121,3M

200,000

IM
IM

smjooo

0M0

3

3S0,0O)

200400

July.lt.lO

190
200,000

Jnly, -a. .S
Jnly, 12. .»
Jnly, 12.10

wo

2«l.(10(l

MO

MM

30(i,mi

IOO
100

li.io

1.10.000

j'o'iV,

20OXI0O

July, 12. H>
July, 11. .S
Jnly, 12.10
Feb.. 12. .8

210,000

200X00

u»
IM
ioi"

2i<l.00O

o; i.oTO.ooo

25

Paclflc

People's

Phenlx (B'klyn)

.,

iM'

"

Jol».*n..»
Joly,*B..T

2n

300/no

Niagara
North River

10

'Ialy,*a..t
July, H..
Joly.-n. »

ioosmo

20
<0

Lafayette (B'klyn)

Ml

•iBiy.H..*

mfm

100
100
50
SO
80

Park
Peter Cooper

)ao.ooo
200,001
200,000
IS0.000
150/100
1,000,000

Relief

Apl

183,(»

Jan

101 xe*

July Ti..:'

27,0M

M

<XlJliiy,11JM,
Keb.,12.lJ'

1»

\3ifln

200,000
•so,ooo

.!i2'ioi
•Ian..
f.-:2si,'

U.

July.
Jan. ,12. .5
,Jan.,12..«
Jnly. 12.

aw ODD

aooxoo
180X00
990X00

,

•«•

July

300X00
200X00

Stuyvesant
Tradesmen's
United States
Washington
Wllllamshurg City.

I*
:ao

12.10

Fell.

171 .8J«

2(10,000

Star
Sterling

i.'.io;

Julv •n..t,
Jnly •71..
Jan., 12 5|

200WO

Safeguard
St.Nlcholaa
Standard

iio"

90,499

ItiJSU 110
wjsea 10

•200XO)
800,000

Republic
Resolute

Joly,U..7

200,000

lA* 11
10 IJnIy 11 ,*l
iisjn 10
2SOX00
Over all liabilities. Including' re-losu.-aoc«. espllal aiwi proti scrip.
1

m
m<a.

Rate,

71

June

4 J.

lff!2

M'.4N!

"im

J.

i2

A.4 0.

isn

4 J.

0.

1834
18;9

F.'ii'A.

ms

A.4
J.

M.4N.

ioo"
120
120
80

J. 4.1.
J. 4 J.

M.4N.
A.40.

4 J.
M. 4 S

7

1860.

U<S-<B.

do
do

180.

do

18SS.
1888.
1809.

do

lm,'>rovement stock

do
90

do

....18M.
var.
var.
T*r.

Consolidated bonds
Street Imp. slock

do

do

_

Brooklun
1873

75

Cltv bonds

l8l»-».

do

196I-6B.

do
do
do
do
do
do
no
do

do

1869-70.

N. Y. Mrldge bonds... .18W.|

IS

Park

1877

1860-71.
l.-W-?!

buii.'S

Water bonds
Sewerage bonds

.

S jeaia

AaseHmenl bonds.
140
ifti"!.

1890

dividend on Dtockt, but date of maturity ot

Jaananr

Local Imp. bomla. ..18S3-49.

do

F.4A. 1876
1885
A.4 0.
M.4N.
M.4N. May 12
im
J. 4 J.
Q-F- Mav12
J.

Floating debt stock

187-4

4 J.
4 J. Apr

J. 41).

..1852-60.
do
Ooton Aqned'ct stock. 1865,
pipes and mains
do
re8er\-olr bonds
do
Central Park bonds. .ia53-m.
do
do
..188M5.
Real estate bonds*... 1860-49.
Dock bonds
18S2.
do
IWO.

1»3-T»

I8M

a

MB-M
MM-NII

IM

IM4-1HP
Itm-ll

im-«
1874-99

M
M
H

I

:

183

im-w
18W

M>4-n

JS?
lalt-TS

s
Ml

M
2
M

Mj

n

I
m

M»<M

Jan.,'73

JulylO
J.
J.

May, Aog.4 X..v
do
do
do
do
do
do
do
do
May 4 Kovember.
Fcb.,May,Aag.4 Nov
do
do
do
do
do
do
do
do
May 4 November.
Fr'b.,May, Aug.4 Nov.
Mar 4 Norouber.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

do

Soldiers' aid fund

BM. Aak«

Month* Payable.

Feb.,

1841-63,
l'»l-S7.

do

Market stock

1890

J.4J.
Q-F. May '72
m:4s. 1871-76

Xetc York:
Water stock

Crolott water stock.. IMS-SI.
ii'ii

J.4J. June 72

m,ooo

10

Jafy.ltiM
Jaly.-n,}

12.!..

J.4D.
1884
Q-F. May i;

97,000

100(1

N

Frt.. -a, .1

City Secnrltlaa.

J.

'.-0.000

800,000
350,000
200,000

lao

4

J 41>.

frenT^d— stock

WWlatntthurfj
li«t

J.

500
iM.noo
500
100 1,161.000

mortgage
Dri/ Dock. E. B.
Ist mortgage
Ist

m

Xpi.V 'h!i»
imir,-a..t

11

KBsm

HolTlnau

•

f
ma

4

10,011

Boo/no

National
N. Y. Equitable....
New York Fire ...
N. Y. 4 ionkers..
152

.111.241

mm

Germania
Globe
Greenwich
Guardian
Hamilton
Hanover

Lamar..

Feb ,1».»
July, 12. .1
July. H.
Julr, 12.3

l«

IfilOfXIO

Jan., "72.. .5
Jan., U...B
Varlou*.

900,000
601,000
2,100,000
1,600,000
1,500,000
300,000
251,000
300,000
200,000
80,000
4,000,000
^00,000
115.000
100.000

S.'W.OOO
250.00(1

19

Sept., 11.3X

J.
J.

1000
1000

Cnnei/ IxUind

May,

„

10
'10

0,011

(B'klyn).
Nassau (B'klyn)..

Ga« and City B.R. Stocks and Bonds.

2,000.000
2,800,000
750,000
5 000.000
1,000.000
500,000
4,000,000
1,000,000
300,000
400,000
1,000,000
1,000,000

•W.IM

mitm
190^

Montauk

[Quotations by Charles Otis, 9 New street and 74 Broa Jway.]
May, T2...51210
Brooklyn Gas Light CoQ-F.
251 2,000,(X»
"" 1,200,000 J. 4 J.
Jan., 12., .5 ~"
Cltlzens' Gas Co (Bklvn
Apr., 'T2.8><
30O.n(fl A. 4 0.
do
certincates
Feb., '72...
F.4A.
Barlem
1,000,000
Jan., '72.7X
Jersey City 4 Hoboken...
386.000
J. 4 J.
Jan., '72...
4,oai,ooo
J. 4 J.
Manhattan

bonds

129.026

^I'.illt

200.KO

Firemen's
Firemen's Fund
Firemen's Trust...

Rutgers'

do

25«.IUI

-IH.IMI
aio,oio

Mrcl)anlcs'(Bklyn)
Mercantile
Merchants'
Metropolitan

113

July,

July,
July,

.1.4 J.

Empire City

Manuf 4 Builders*.
Manhattan
Market
Mech.4Trad'rs'

92
150

F.4A.

Feb.,

.

Corn bxchauge
Kagle

LorlTlard

97

.1.

4 J.
4 J.
F.&A.
J. 4 J.

**ilii

Jair
Jaly.'TiJM

10

July,-n..t

Lenox
Long lBland(Bkly.J

109
110

175
153
145
101
117

.1.4 J.

109

118
134
•200

May,

Q-F.
J. 4 J.

IO»X

12...
'T2.SH
12.. .5
12-..

•»...(
T2,..4

IM

Jall.ltJH

K>)gs (.'o. (H'klyn)
Knickerbocker

•

12.. .8
12...

» »
I*

210X01

Ir^'lng

72...

J.

M.4N.

Ilrooklyn
Cltluni'
City
Clinton

lniporter»'4 Trad..
International

•I

A.4 0.
J. 4 J.
.T.4 J.
J. 4 J.
.J. 4 J.
J. 4 J.

10

tOOjOOU
IBSjOOO

Jefferson

12.

A

aijsi

July.U

20D4aO

Uroaiway

Humboldt

91

Jiily,'
pi..

0.

July,11..<

-

* MOat'n

Brewera'

''jdiyiiilii

i;
t]

Arctic
Atlantic

USX Gebhard
Germau-Amer.can

-ri...t>

•'Uly,

4

iis'

101

.Inly,

J.

112

lOIH

.1.4 J.
,7.4 J.
4.1.
.1.4 J.

4ODJ0)

Continental

180
7i.."3

psir.'a.J

American
Amerlcaa Kxch'c

Columbia
(Commerce Fire
Commercial

T2.8H

ii«lufelini|u(n|i

Adilatle
Mtt>»

Bowery

•ri...i

•72...

10

150
102

•Ti.AU
Ti..-4
11.. .8

U Wall MiMt.)

Di TinSKP

Par Anwnal.

w

100

'~2...6

.J.

KOOOXOC
2,000,000
500,000
600.000
1,000,000
3,0 o,aco
1,235.000
500,000
4.000.000
23,000
200,000
1,000,000
1,500,000
s.aio.' 00
200.000
sno.nco
500,000
1.500,000
200,000
1,000,000
40o,oeo
300,000
42i.70O
2,000,000
412,500
1,800.000
2,000,000
500,000
1,000,000
S0O.0OO
300.000
1,000.000
200.000
2,000,010
1.000,000
l,f«O,0O0
1,000,001

i«o"

•n.A-i
12... 4
T2...B
-K...4

July

.J.

soo.ooo
100,000
eoo.ooo
2.0S0.0CO
500,000
400,000

Irvlnff

'68., 13

.1?* J.

M.ftN.

300,000
000,000

'500,000
1501,1 Oil

lis

l48z
T2..10 lOCOH

July,
July,
July,
July,

150,000

CAT'TAL.
IIS

148

UM.

B. •. BaiLBT, krotur.

Askd

"71...

July

J.
.I.&.J.
J. 4 J.

Bid.

It...*
•«...4

July,
July,

J.
8.000,(TO
J.
450,000
.I.ft J.
300,000 ev. 2 mos
4<iu.aio
.!.&,).

Chatham

8t.

10

ISn

J.&
J.&

80O.0i:0

.

Central

Importers'

IWiHraneo Stock

PlIOB.

DlvIbBMOfl.

.

do

,/erM*v Cttw-

Water loan
do
Sewerage bond*
Bergen bonds
AsseMfnaat bonds

ftoiuto

.

6

1862*7.

WM-71

MM M.
IM8-W.
. . .

1870-71

I

Jaaoarr

wn-M

* <'a<r.
do
do
do

do

IMI

do
do
do
do

* Jnly.

I

I

7
7

I

I

^
m

mMX

.MnA

I8M-IMI
do
do
1??»:2L
1««-1M0
do
do
:Jan.,May,Joly»Kov.i ins*

do

7
''<•'>
,

•3^
Ml
Mi

M

H«
1«0

1_

,

Ml

:

THE CHRONICLE.

82

LATEST INTELI.IGF.NCR OF

STATE:, CITY

ICAIL.UOAD FINANCES.

t^ EXPLANATION
1

•

AND

OF STOCK AND HONO TABLE?.

Price* of the mo»t Active Stocke and Bondx are given In the " Bank"
Gazette," previously.
Full quotations of all other becuritles will be

found on precedinj? pages.
3. Gnveriiinent Mecnrltles, with

information in regard to each
denomination of bonds, and
Debt statement published in

3. City UoiidH, aud Hauk, Insorance, City Railroad and
with quotations, will usually be i)ul>lii'hed the first three
of each month, on the page innneiliately preceding thi?.
4. The t'oinplote Tabiss of State Sccurtifes, Clly Securities, aud Railroad aud iniMceilaneons Slocks and llouds
will be regularly published on the last Saturday in cich month.
The publication of these tables, occupying fourteen pages, requires the issue of a
supplement, Ahich will be neatly stitched in with the regular editiou The
CnitoNicLE containing this supplement will be printed in 'sufficient numbers
to supply rc'-ular subscribers only.
Single copicB without the supplement

Gas Stocks,
weeks

;

sold as usual.

aud Railroad Bouds on
lu August, In

New

ivhicli Interest Is

York.

paid

For the convenience

of parties purcbasing bonds before August
following list of State, (Sty, and Railroad securities, upon which the semi-anBual or quarterly interest is payable
in August in this city. In buying or selling bonds the periods of
interest payment are eshential to be known, and the table below
will show at a glance the various bonds which will be sold ex-in1,

we

repeat

tlie

terest in August
Georgia fi's to A. »fc G. RU.
Albany ti's. Water Stock.
Cincinnati RR. B's, F.
do
Water73-10"8.
do
do Ts.
liOn sville funding 7's.
N. Y. City and County S's 6's and

Savannah Water

Western Union,

7's.

St. Louis P irk B's.
Cumberland Coal, 2d mort. 6'8.
Pennsylvania Coal. 1st mort. 7's.
Boston. Concord & Montreal, 1st mort.
6'6 of 18H5.
Burlington, Cedar Rapids & Minnesota
(Mil. div.). Ts.
• 'azenovia &
Canastota, Ist mort. 7'8.
Cedar Rapids & Mo. R Ist mort. 7'b.
Central of N. J., mort., 7's.
Louisiana & Mo., 1st mort. T's.
Chicago, Iowa & Neb., 2d mort. 7*8.

Chicago

&

Northwestern,

7's.

&

Martinsville. 1st m. 7'b.
Sandusky. Daylon & Cincinnati, G's.
(.'incinnati

Cleveland & Mshoniug, 1st mort. 7'8.
Detroit & Poutiac. 3d mort. 8's.
Evansville & Crawfordsville, 7'8.
Quincy & Palmyra, let mort. 8'8.
Indianapolis & Vinceunes, Ist m. 7's.
Missouri Valley, 7"s.
Kansas Pacific, Ist mort. 6'8.
Detroit, Monroe & Toledo, 1st m. 7'8.
Lawrence, 1st mort. 7'8.
Logansport, Crawford & S W,lst m 88.
Marietta & Pittsburg, 1st mort. Ts.
Prairie du Chien, 1st mort. 8"s.
do
2dmort. 7 3 10'8.
.

1st

mort

T's.

Mississippi Central, 2d mort. 8'9.
Mo., Kansas & Texas, consol. Ts.
Morris & Essex. 2d mort. 7's.

7'e.

from the State over $800,000, and in 1872 will receive nearly as much more; but nearly the whole of thissum.say
$1,')00,000, received by the city from that quarter, is, if not
directly required by the Stale law, of necessity applied, not to
supply the deficiency in last year's revenues, but to replace the
schools, fire apparatus, bridges, station bouses, water works, and
furnish necessary public buildings, permanent and temporary.
Not one dollar of this money from the State can be spared to
meet the ordinary current expenses of the city all is needed, and
more too, for rebuilding and replacing the public properly destroyed liy the fire.
The deficiency in the revenue thus explained must be made up,
not from money derived from the State, but by taxation. It is
now represented in outstanding certificates of indebtedness, but
these canoot be funded. That is prohibited. It must be paid,
and the only means by which it can be paid is to raise the sura
needed by tar.ation. Tiie only means by \frhich a public debt can
ever be paid is by taxation. The action of the Common Council
in reducing the rate of taxation from 15 to 10 mills was, in fact, a
loan to the citizens of one-third of the city revenues for 18 months,
the city government in the meantime being obliged to borrow
that sura in the market upon the Ijest terms it could.
The expenditures for the next year, by proper reduction,
economy, and the use of such portion of State money as can be
applied for public works, may be brought within a tax of 15 mills
on an assessed valuation, the same as last year, of $280,000,000.
In addition to this levy, there must be an additional levy of five
mills to meet the deficiency in last year's revenue. From this
there is no possible escape. Assuming that the taxable property
will have the value of $'280,000,000, the lowest rate of taxes that
will permit the city to meet its current unavoidable expenses and
pay the deficiency in last year's expenses will be 20 mills. If the
valuation fall below that of last year, then the rate of taxes must
be increased in proportion. Chicago Ti-iliune, May 10.
;

full

Issue, the periods of interest jviyment, size or
numerous other detail?, are piven in the U. S.
Thk Chhokici.e on theflrst of each month.

State, City

[July 20, 1872

city received

Hai voa^ Monitar.

^\)t

era'

—

:

New Jersey RR., b's.
New Jersey Midland, 7'8.
New York Central, 7'8.
New York & Harlem, con.

mort. 6*8.
N. Y.,nou-atonic & North. Istm. 78.
N. Y., Prov. & Boston, Ist m. e'e.
North Shore. 1st mort. 7's.
Oswego & Rome, income mort. 6'8.
Owensboro & Russell, Ist mort. 8's.
Paeitic of Missouri. 1st mort. ti's.
Pekin, Lincoln ,S; D.. 1st mort. Ts.
Peoria & Rock Island, Ist mort. Ts.
Perth Amboy & Wooabridge, 1 st m (is.
Pitts., F. ,V. * Chic, let m (B) 7'8.
do
do
2d m. (U)7'8.

Roanoke

St. L.. Istm. 7'6.
let m., 8*8.
T. H., 2d m. 76 (C).
Iron M., Ist m. 7's.
Central, 1st mort. 7'b.

operations for the previous fiscal year ending Se^iteniber ;iO but a special law
having been passed by the last Legislature of this State, ordering a new election to be held on the second Tuesday of July, instead of the second 'Tuesday
of October, as provided by former laws, the directors in surrendt ring their
tnist can only give a lesume of the history of the operations of the roa<l for a
period of nine months, extending from September aO, 1871. to July 1, 1872, and
even for this the last two months are partially estimated, the accounts having
been settled and closed to the first of May only and it may be proper to
remapk that whatever credit or discredit mayajjpearfrom the statements must
attach, not to the present managers, but to their predecessors in office.
COMPARISON OF THK lAUPTlNOS AND EXPENSES OF TIIE ERIE RAILWAY COMPANY FOR THE FIRST NINE MONTHS OF FISCAL YEARS 1871 AND 1872.

& I1I.,S. E.. Ist&2dm7'8.
& Chenang Val., l^t m 7's.
& W. 1st moil., Ts, W.D.

October, 1870

Valley, n'B.

Rockford. R.I.
SI. Jo.

&

Southern

&

Denver City,

St. Louis,
St. Louis

The Erie Railroad Report.— The following are extracts from
the report of the outgoing Board of Directors of the Erie Railroad, presented by General Dix, President, and General Diven,
the Vice-President
To the St'ickhxitders oj iM Erie Railway Ci m'vny :
Heretofore the reports of the managers of this Company have embraced the

Alton

&

&

;

;

Expenses,

Springfield

Syracuse

Earnings,

i

Tol., Peoria

.

Toledo & Illinois, 1st mort. 7's.
Lake Erie, W. & St. Louis. 1st m. 7's.
Great Western. 1st mort. 7's of 1S59.
IllinoiB & Southern Iowa, 1st m. 7'8.
Decatur & East St. Louis, 1st m. 7'6.
Lafayette, Bloom. & Miss., 1st m, 7'8.
Lafayette, Mnncie .» Bloom, Ist m 7'8.
Wairen, Ist mort. 7'8.

November
December
January. 1871

;

;

inter-

&c.

$1,615,';CB

I,M0.513

l,)i)5,t)31

1,002,151
1,055,469
971,193

!,'i22,3i8

1.2ni.4!)9

1.333.925
1,4!«,413

April

1,21)3

9.%

!.3'ia,5o(i

May
June
on branches

Total
October, 1871

November
December

\Mi,r.H

l..*il,l,V)

1,498.414

1,451,624

Loss.

$
420.176
343,788
3ti2,732

297,914
118,579
82,222
46,St)9

128,-«9

12.1.239

$11,746,244

$ia,»81,577

$1,698,646

$1.3-J9.ftM

$.%9,015

1,482,4.59

1,318,25:1
1.3,ST,525

164.200

1.417,211

January, 1872

Profit.

$45.«47
94,879

1.:189.257

February
March

Profit

Financial Condition or Chicago.— Taxation is an unpleasant topic, but it is necessary to discuss it and we consider that
the proper course to pursue is to tell the facts In relation to the
financial situation of the City Government, that all persons may
prepare themselves accordingly. The practice began a great
many years ago, of spending in advance the revenues of the year,
until now the city in its expenditures is always one year ahead of
its revenues.
The municipal year began April 1, but the taxes
levied for the year are not collected until April 1 of the succeeding year. When the Council, on the 30th of June, 1872, will appropriate the money for the city expenditures during the year
ending April 1, 1873, it will do so with a knowledge that the
taxes for 1872-3 will not be collected, except such as may be
voluntarily handed in, before .July or August, 1873.
With this explanation, tte public will understand more readily
the statement of the present financial condition of the city government. In .lune, 1871, the city made its annual appropriation,
requiring a revenue to be raised by taxation of |;4,200,00(). This
was in addition to some $400,000 to bo collecied from licenses
and other sources. To raise this amount of revenue the Council
levied a tax of 15 mills on the dollar, upon a valuation of taxable
])roperty amounting to |l280,000,000. As had been the established
proceeding, the city had begun, on April 1, 1871, to expend in advance the money that was to be raised by this taxation. Over six
months of the fiscal year had expired, and a Very large proportion
of the annual revenue had been anticipated and expended when
the fire occurred, in the second week of October. Not a dollar of
the tax had then been collected. Under the prostration following
that calamity, the Common Council, in November, revised their
previous action imposing taxes, reducing the rate to 10 mills, but
it made no corresponding reduction in the appropriation, which
possibly could not be done, the greater part of the money having
been already expended, and the interest on the city debt being a
necessity. The anticipated miscellaneous revenue was also reduced. The city was, therefore, placed in the condition of having
expended $4,300,000, with a tax list producing only $2,800,000.
The Legislature, by law, provided that a rebate of taxes should be
allowed for property destroyed by fire this rebate, it is estimated, will amount to $600,000, leaving the city with a revenue
(when paid) of $2,200,000 to meet an expenditure of $4,200,000.
It is true that the State has interposed, and by refunding us the
money we have spent on the canal, affords relief. In 1871 the

...

est, rents,

$1,()H1,353

$1,135,332

$

29,^i:^6

1,:«2,>)«4
1.294,i>76

1.Hti.5.8»l

February

March

1,460,173

1.399,742

(iO,4.30

April
May (estimated^
.lune (estimated)

1,548812

l.E<).5,08:i

43,728
304,511

32.897
61,558

l,-)55,628

1,729.111

1,425.000

1,46.3,963

1.400,00'J

63.1163

Total
$13,127,517
Increase of earnings in 1872
Decrease of expenBCB in 1872

$12,486,753

$910,792
$1,881,302
394,822

Total

$2,076,125

Comparing the resultE of these seven months with the corresponding seven
months of the previous year we fli'd an increase in earnings of $l..'i.3.5,197, or
14?^ per cent, and a decrease in expenses of operating the road of $160,593, or
The increase in earnings is largely attributable to the coal
2)i' per cent.
transportation, which for a little over five months' of the corresponding period
of the previous year was interrupted by strikes.
The amount expended for conslrnction for the Beven months was $2,189,276.
The account of receipts and disbursements for the same time may be stated
bricfiv as standing thus

Earnings from all sources
Operating expenses
Interest, rents,

$10,374,599
$7.410,.50t

&c

2,391,479

Construction

2,189,276—11991,257

Disbursements over receipts
$1,616,657
CAPITAL AND DEBT.
The cajiital stock and debt of the Company on the 1st of July were as follows
:

Stock.

Common

stock
Preferred stock

$78,000,000
8.536,910
$86,536,910

Ftindei VebU
First mortgage, payable in 1867
Second morlgagc. payable in 1879
Third mortgage, payable in 188;i

Fourth mortgage, payable

$3,000,000
4,000,000
6,000,000
4,441,000

in 18'fO

Fifth mortgage, payable in 1888
Buffahi Branch, payable in 1891
Sterling bonds, £1,000,000, 1875, say
Consolidated mortgage, li»20, issued
Scrip dividend

926,!i00

.....

18'2,600

4,844,400
6,446,000
199,640
.30,040,140

Total stockand funded debt
$116,577,060
Floatl'q DM.
Including loans on demand, bills payable, outstanding vouchers and
pay rolls and accrued interest on funded debt
$6,46-3,668
The loans on demand and time are covered by collateral secnriiieE owned by
the

Company,

;

:

:

Bonds of other rsilwRys or nndcrUklngt guaranteed by the Eric Railwajr
Company, «11 bearing seven per cent interest

& New.trlc Railroad, interest on
liy ondoraementon houds, uf wli'cb tlil« Company ownsf^^^OOO.
crest on
Newbur;j & New Yorlt Rillroad.
by endorsement on i.onds, of which this Company owns tlHD.OOO.
Buffalo. Bradford & I'lttsburg Railroad, liiiercft ou

roNiTBDcnoR OH

1SO,000

4.

.5.

aar
tn.*U

Land

lOU.iilD

.

IU,Ora

a.»M

ToUI.

t*.'*.*™

propriety of pntllng this Item In t° e constrnrtlon iccaflat
It waa ao arranged by t'c former admlulstralloa.

Newburgh and New York Itailroad
Paterson and Newark Itailroad
Pavonia Horse Railroad
(i'enwood t'oal Company
Nyaek and Northern Railroad
II. B
and I'Utsbiirr, Railroad

Chemuu'' Railroad— Elinira to Watkins, leased
The Buffalo, New York and Erie Railroad— Corning to Buffalo, leased.
The Rochester and (ienesee Valley Railroad— Rochester to Avon, leased
The Eiie and Genesee Valley Railroad-Dansville to Mount .Morris,
.

leased

Mount Morris, leased.
owned by this company

The Avon, Genesee and Mount Morris- Avon

to

.

Length of road, main

line

l^ength of branches owned
Length of roads leased
Length of roads vperatodatSSper centof gross receipts

—

...

Total..

broad gauge or C-feet track
On 6tK miles, Waverley to Watkins, and from
Bridge, a third rail, fonning narrow gauge. Is

Biift'alo to

laid,

ing roads:
Warwick Valley, broad gauge
"
"
Walkill Valley.
Monticello and Port Jarvis Branch, broad gauge
Barclay Railroad, narrow gauge

TotAl.

on follow-

$41ll,tmi
,1'O.000

170.000
100,000

A

ft tlS,IW

vo.vn
i<t>.«no

tflo.an
ion.™*}
100,001
lOO.OiO
7i>.oau

50.000

3.tl8,<«

General supply store to June
tfcneral supidy store for June
Genera! freight office for June

flR,000
aoo.oit

,

10.000

no, 000

Erie line for .May.
Towanda Coal Company
Eric line and labor for June
Dividend on preferred stock, due July 1$
Unpaid inlcrest

MXOOO
100.000

,

aoaooo
tt.fiao

i,8M,«0«

Four months' interest on aecond mortgage
bonds
$4,000,000
Pour months' Interest on third mortgage
S.OflO.roo
bonds
5,000,000
Four months' Interest on alrrling loan
Four months' Interest on consolidated mort-

13X
IIX

6

gage bonds,

$<H.O0O
I40.n<w
117.000
IMI.OOO

4411,000

Three months' Interest ou fourth mortgage
4.411.000
bonds
Two months' Interest on first mortgage bonds 3.' 00.000
One month's interest on Long Dock and fifth
4,000,000
mortgage bonds
Five couiKiiis of Boston, Hartford and Eric
3,000,000
bonds

12V
18V
10)4

12
16
9

T7.0M

SMOO

S«.«00

.%>v
17>;

l.tTLOOa

IJl.in

I8X

14V
15\

9t»V
3tiHV
46,V

Cr.
Cr.
Cr.

By bank
By

By

10

18
24
16

68

4S^N0

,

.

UO.tOO
tetjBtt

$«.«i».iii
Total
The loans in the above statement are all roven-d by collatrrals.
The oariilnge and expense* of the Erie Railway Company for the Oral als
months of the calendar year ItOi were ae follows

.lannary

Eamincs.

Kip«*ws**.

$l.Tli.<»l

$1.3BS.f!»:

February

l.SiM.irw

!.»&,•«

March

1.4««.m

tjm.1U

Anrll

i.»48.KIt

I.'OOl'M

May

l.1W.tll

1.4tSi.0«O

I.40MM

1.400.000

.$\Mt.lSI
Total
Net earnings
Jaly
1&. 187*
Lesa 3i4 per cent on preferred atork, payable

$«.45I.S4t
$3f77,aM

June

K^TOI

tn.tn

To the Pret'rtfnl nnd IHrtf'ottnflht Kr't PaOrry (ymfmi:
(ianTLaaKK :— In compliance with a resolulior of the Kiccnilvp rommilte*.
passed April 44, IK74. I pnKured the services of a competent and prartiral
"
engineer to make the uwessary surveys and estimate of the cost of prxTiding
third rails over the whole line of the road, completion of deuhe track, lira
reduction of excessive grades where practicable, the snbstittitlon o< Iron
bridges for wo<id. the c*»mplelion of the. necessary d.pots. increased machine
shops, erection of gi-ain elevators and such narrow gnagr rolliiur stock as will
'

l,547>i

.«I00.0M

balance

agents' balance
coal transportation

Surplus

HH

Miles.

^—

IMCM

44&.0M

•I.SM.ON

Suspension

equivalent to sin-

S.tt4

7lff«8M

...,.

Goldsrhmidt, cash Inana
liinie A Van Emburgh, cash loans.
Irailatin National Bank, cash loans...
New York State Loan, cash loins ...
National Trust Company, cash loans
Daniel Drew, cash loans
Tenth National Bank, cash loans
Manhattan Com i>aiiv. cash loans
Marine Bank, cash loans
RIsclioffsheim

l,447>it

gle traek
Train service is furnished at from 75 to 90 cents per mile run

•I.IM

July no'es
August notes
September note*
All other notca

l}i

476

Ail

«.fln

FoM»a rt't.

26

971Ji

Second track on same and side tracks

M.«H

preferred stock

Towanda Coal Company

5

Miles.
459

JiecapUutati'm.

ie

Reno stock
Union Dry Dock Company
l.'nion Steamboat t'onipany
Erie and Atlantic Sleeping Coach

459

00
Buft'alo Branch— Hornelsviiie to Attica,
Tlie Buffalo, Bradford and Pittsburg Railroad - Carrollton to Alton,
leased
25X
The Suspension Bridge and Erie Junction Railroad— Buffalo Junction lo
9.3W
Niagara, leased
These roads, although operated in most cases without profit, are justified
by the fact that they bring prolitable business to the main line.

The

•1B.7M

Suspension Bridge and Erie Jnnctloa

18

Tile

Avon and Gencsej Valley Railroad
Holioken and ,I*r«ey City
Pavonia Horse Railroad.

to Vail's Gate.

,

HMM

K

!>.")

;

7IMM

Towanda Coal Company

Montgomery and Port Jervis Railroad.
National Stock Yard Company

8.3,200

The Newburgh Branch-Chester to Newburgh owned by this crmpany.
The Montgomery and Erie— From Montgomery to Goshen, leased
Tne Goshen and Deckertown— Goshen to Pine Island, leased
The H".wley Branch— Lackawaxen to Hawley, leased
The Jefferson Railroad - Hawley to llonesdale, leased
The Cartiondale Branch— ('arbondale to Susquehanna, leased

»%•

Boston. Hartford and Erie Railroad

210,000
75,000

leased

tsn.

Long Dock Companv

2B,^)(I

The Piermont Branch— Owned by this Company
The Newburgh and New York Railroad— From Turner's

1.

National Slock Yard Company
Knspeuslon Bridge and Erie Junction Railroad

105,000
32,:00
180 000

Included in this distance are 'he leased roads— Paterson & Hudson
River, Paterson <fc Ramapo and Union Railroads— :« miles in length.
The Weehawken Branch <fc Fort Lee Railroad, to the cattle yard on the
HudBon River, leased
The Northern Railroad of New Jer8e.v— From Jersey City to Piermont
operated by this companv at 65 per cent of the gross earnings
Tile Hackensack and New Yor t Raiiroad— To llackensack
And the Hackelieack Extension
Both operated at
per cent of gross earnings.
The Paterson and Newaik Raiiroad, extending between these places,
leased

qaeattoa

BontU.

51,000
140,000
30,000
233,100
«,100
15,000

extending from Jersey City to Dunkirk

i*

Erie Consolidated Mortgage
Jefferson Railroad
Newark nnd Hudson Riilroad.

Miles.
line,

lammmj

Cart at EHe Oil Car
(H7car>).

usT or accuBiTiEa Jitr

Genera! offices, taxes and insurance
Nearly al. of the above leased roads are valuable adjuncts to the ttompany's
road, and seme of them are indispensaliiy neccsary lo its succe-'sful working.
The .^2 miles of leased roads In New Jersey form the eastern end, nnd the Buffalo. New York & Eric RR. the western end of the main line from New York
to Buffalo. By the Hawley and Carbondale branches the large and prolitable
anthracite coal tonnage is obtained, and by the Suspension Brid^'c road
Niagara Falls is reached and a connection made with the Canada roads.
AU of the above are broad gauge or six feet track
The railroad of the Barclay Coal Company, with its fnrnitnre and cqulpments, is leased for twenty years by the Towanda Coal Company, which is
operated by the Erie, this Company paying for the same an annual rental of
This arrangement is an
f.SO.OOO and a royalty of 25 cents per ton for the coal.
advantageous one for the Company, securing as it does a supply of coal at
cheap rates for the use of the locomotives.
The broad gauge track of the Cincinnati, Hamilton & Dayton Riilroad Company was leased perpetually by this Company at a yearly rental of $180,000,
but this arrangement, like many others of a similar character made by the late
management, entails an unnecessary and improper loss to this Company, and
it can probably he terminated, the sa-nc not being valid as against this Company.
The lines owned, leased and operated by this Company are as follows

Main

Hvvralera new lorxiaollvc*.

•M1.TS7

Oil docks

•The

25, 00
21. .500

.

Lahtxk

able, but

17,500

f.

Klvilra lor

1<MM

Legal expeneci
('oal pocketa
Patent car brake ...
New dock, PavonU.

The Paterson & Iludsou Rivei, Paterson &, Rimapo and Union R ilroarts,
extundini; from Jersey City to Suft'ern, .14 m.les, t7ii,4'IO.
The Weehawken Branch— rental based jiartly upon a percentage per ton per
mile, which jmounts to say *.iO,OlXI per annum.
t.^VflOO
The Paterson & Newark Railroad

..i.'

UItMmi

bi<l>l<ia

IIO>',WT

Oil cara

nENTALS.

:

aad Baf >la
Waverley l»

Passenticr cara

&

;

arcnad Inch
Hide Irark* IliUoan!

far

H.TDH

Freight cars...

&

The Goshen & Dcckertown R.tUroad
The Ilawley Branch and JefTcrsou extcnalon
The Carbondale Branch
The Chemun;; Riilroad (nold)
The Buffalo, New York & Eric Riilroad
The Erie* (Jeuesee Valley Railroad (gold)
The Avon. Gcneseo & Mount M.irris
The Buffalo, Bradford A Pit>sburg Railroad
The Suspension Bridge & Erie Junction Riilroad
The Rochester ct (ionese^ Valley Railroad
The Cincinnati, Hamilton & Dayton Railroad
The Wothawkcn property
The Long Dock property 'interest and taie<

I

Detowan DtrlslM

Valte; Hailruid

I

'......

aoaT**.

MwUr on

rail traek.

Machinery
Locomollvea

170.000
k & Boston Express, Interest on
All held by Ills Company, the express company belnu extinct,
or about helllK closed lip
Erie Riillroad, interest on
5,000,000
7. Boslon, Hartford
The qneslion as to the Compmy's liability on the guarantee of
On $1 UOO.IIUO of these
tliese bonds is now before the couris
honils this Company is under special agreement, in addition to
the orit;inai endorsement on bonds, to pay the intereat.
1,000,000
8. Nana;;ansett Steamship Company, interest on
The Company has not been called
ijy endorsement on bonds.
upon lo make any payments ou account of this guarantee, nor
is it likely that tiiey will lie.
250,000
Hud on Railroad (not yet completed), interest on
9. Newark
by endorsement on bonds. No interest has yet been paid by
tlic Comoanv, hut iliey may be called upon to do so.
590,000
10. Union & Tini-'ville Itallroad Company, interest on
The Company has not yet been called upon to make any payments on account of this guarantee.

-.

nun ———

IMt.

I,

Mt

Third

New Yo

The Newburg & New York R lilroad
The Montgomery & Erie Railroad

u,m

Bupenintcinm.

leased therefrom.
6.

•om

cue luiLWAT Tou

Grading

MM.OOO
by cndorsonu-ntou bonds, of which thlt* Company owns $185,000.
Suspension Brid'-e & Erie Junction Railroad, interest on bonds 1.000,000
»'J0,00J
Interest on stock
by endor cment on shares.
100,000
Pavonia horse railroad, interest on
which tills company has ceased to pay, and may, perhaps, bo re-

3.

83
TM

WTI, T«

$900,000

Patcison

Iiif

2.

—

:

THE OHRONICLE

July 20, 1872.1

1.

:

.

'

be necessarv tor the economical Iransactioi of the busineaa of Ihia toad," and
submit the toUowIng as the reaiUl

:

TEtE CHRONICLE.

84
The

coBt and expense of laying a "third rail," on double track
sidings, between Jersey City and BnflUo will be. If of steel

and

rails

$5,551,800
4,890,160

;

Cost of above,

if of iron rails
cost and expeiiHc of laying "third rail," on double track and
sidings, between Horuellsville and Salamanca will be, if of steel

The

rails

1,161,000
1,025,700

.

Cost of above, if of iron rails
Cost and expense of laying "third rail," on single track and
sidings, between Salamanca and Dunkirk will be, if of steel
rails

332,150
294,800

Cost of above, if of iron rails
The cost of completing double track on Delaware division, including (grading and masonry, superstructure, laying and ballasting,
and iron bridj^ee. with steel rails will be
Cost of above, if of iron rails, will be
The cost of completing double track on Susquehanna division, as

2.297,225
2,2pi,015

—

above, if of steel rails
If of iron rails

The

664,025
602,060

cost of completing double track

on Western division, Uornells-

ville to Salamanca, steel rails
Irou rails
The cost of completing double track on Buffalo division, Homells-

1,837,914
1,702,614

ville to Buffalo, if of steel rails

1,998,540
1,824,300

Ironrails
Steel rails
Ironrails

$13,832,654
12,540,029

Additional buildings required
Aduitional equipment engines and cars

$1,149,000
5,700,000
6,8)9,000

Steel rails

$20,681,654
19,330,029

Iron rails

be seen fiom the foregoing report that to complete the double track
the Delaware division, without the third rail, will cost, if of steel, $2,297,if of iron, $2,201,015.
This I regard indispensable to any increase of the
bu-incss of the road. The delays incident to throwing so large a business
upon a single track renders anything like regular time impossible. The freight
trains are obliged constantly to take the sidings for the fast trains to
make their time. No time should be lost in completing the double track. To
complete the double track on the Susquehanna division, without third rail,
will cost, if of steel rails, $654,025, if of iron rails, $602,050, making
the cost to complete the double track from New Vork to Homellsville, if of steel rails, $2,951,250
if of iron, $2,803,065.
As the cost of completing this double track to Ilornelsville is so small, after the completion of
the Deleware division, I recommend this as very desirable. This done, and
with two routes to Buffalo from Corning, and with the Salamanca and Buft'alo
business divided at Hornelsville, the road could be very well worked without
double tracking tiie rest of the road. Though I regard the double tracking
from Horncllsville to Buftaio and from Hornellsvilie to Saiamarca as important,
I do not regard it as indispensable. To lay third rail from Jersey City to Buffalo double track to Hornellsvilie and track as now laid from Hornellsvilie, including completion of on double track on Delaware and Susquehanna divisions, will cost, if of steel, $7,9<)5,865 if of iron, $7,232,865. Add
to this, third rail on track as now from Hornellsvilie to Salamanca will
make, if of steel, $8,653,315 If of iron. $7,852,665. Unless the Atlantic and
Great Western narrow their gauge the third rail to Salamanca is not recomIt will

on

225

:

.

:

;

—

—

;

;

mended.

The double track to Ho»*nell8ville and the third rail to Buffalo as soon as
practicable are of unciuestionable importance. As it will take about one year
to do this work no time should be lost in lis prosecution.
The other items of cost in the report of Mr. Brown can be postponed or
modified to meet the finances of the company.
Tlie details of the estimate will be found in the annexed leport of R. N.
Brown, to which I beg leave to refer. Respectfully submitted,
A. S. DIVEN, Vice-President.

nichlgan Central Ballroad.— ANNUAL REPORT FOB THE
Year Ending May 31, 1873.— The Board subraita the following
statement of the revenues and expenses
COMPARATIVE STATEMENT OF EARNINGS AND EXPENSES OF ENTIBE

LINE,

IKOLUDINQ BRANCHES.
Sarninge.
Passengers
Freight
Miscellaneons

$1,912,278 07

70
178,214 62

1872
$2,114,066 44
4,046,198 76
281,147 36

Inc. or dec.
Inc. $201,788 37
Inc. 716,568 06
Inc. 102,932 74

Totals

$5,420,123 39

$6,441,412 66

Inc. $1,021,289 17

187'.
3,329,6.30

Mxpenees.

Operating expenses

$3,774,850 51
86,160 84

$4,377,614 39
70,189 07

Dec.

Totals
$3,861,011 36
Ratio of expenses to earnings, including taxes..
.7111-100
Exclusive of taxes
69 98-100

$4,447,803 46

Inc. $586,792 11

Taxes

Inc. $602,763 88
15,971 77

Dec.
Dec.

.70 64-100
.67 96-100

.0 47-100
.2 02-100

SEPARATE XARNINOS AND EXPENSES OF THE MAIS LINE AND BRANCBES 1872.
Gross earnings.
Expenses.
Net earnings.
Mainline
$3,719,348 67
$1,593,725 36
$5,313,074 03
Jollet Division

Grand River Valley Divls'n.
South Haven Division

121,736 00
271,074 33

158,562 O;
133 616 50
83,422 80
12.3,335 26
16.061 27
8,800 19

90.39132

Air Line Division
Nunica Division
South Bend Division
Jackson, Lansing & Saginaw Railroad
Totals

116,989 62
26,768 78
17,235 90

137,457 a3
66,968 52
10,707 51
8,435 71

484,142 68

254,656 76

229,485 82

$6,441,412 56

$4,447,803 46

$1,993,609 10

COMPARATIVE EARNINGS AND IXPENBES OF THE MAIN LINE.
Sarnlnge.
Inc. or dec
$50,924 89
307,067 96
78,860 81

1871.

1872.

Passengers
Freight
Miscellaneous

$1,738,181 38
3,072,557 58
167,331 19

$1,687,256 49
3,379,625 54
246,192 00

Totals

$4,978,070 15

$5,313,074 03

Inc. $335,003 88

$3,455,480 18
82,724 27

$3,65.3,674 85

Inc.

65,773 82

Dec.

Totals
$3,538,204 45
Ratio of expenses to earn.70 3-100
ings, iucludins taxes.
Exclusive of taxes
69 41-100

$3,719,348 67

'

Dec.
Inc.
Inc.

f

July 20, 1872.

The earnings of the property of the Company have somewhat
more than maintained themselves, and in the circumstances
perhaps should be deemed sc.tisfactory.
The amount, however, might have been so very much larger
but for the causes hereinafter stated, that it is very evident that
the further and very large expenditures now making foi double
track and other additions to the ability of the road to meet the
wants of business, have been delayed even longer than was
required by the real interests -of the road.
The statements made in the reports for several years past show
that while the earnings of the main line have been steadily
increasing until limited by the ability of the road to meet the
demands of traffic, the relative expenses of operation have been
still more rapidly increasing, and the net earnings have been
relatively less. Several causen have contributed to this result,
some of which are temporary, but the more important of which
arises from the fact, simply, that the increase of business has
been so rapid that our improvements have not kept pace with it.
With regard to another cause of limited earnings, we quote
language found in the last report of the Lake Shore & Michigan
Southern Company
" During the last six months of 1871 a ruinous competition existed on westward bound freights, between the trunk lines (the Pennsylvania Railroad, the
Erie Railway and the New York Central & Hudson River Railroad), in the
course of which the prices of freight transportation were reduced to a point
almost without precedent. By the arrangements between tills Company and
the seaboard trunk lines the rates on west-bound freights are made by the
latter.
This Company, from its relation to the several trunk lines, was compelled to submit to a most extraordinary reduction of rates, or to abandon the
traffic.
The first alternative was accepted as a matter of sound policy in the
have reason to hope that
interests of the stockholders of this Company.
counsels
will prevail, and that our eastward trunk line connections
better
will hereafter be slow to renew the warfare which worked such disastrous
results to them, as well as ourselves in 1871."

We

This language is as applicable to our road as to theirs, with the
exception of the statement of that Company that it has reason to
hope that better counsel may prevail, and that the warfare may
not hastily be renewed.
It is not possible as yet to state the losses which the Company
sustained by the Chicago fire. The passenger and freight houses,
with all the freight in store, were lost. The building in which
were the offices of this Company, and those of the Chicago, Burlington & Quincy Railroad Company, a building of considerable
value, and other buildings, the property of the Company, were
destroyed.
All the property of the Company burned, and for which it was
liable, was worth probably $250,000.
The result is the large necessary expenditure on capital account
already made and making to enlarge the capacity of all the great
avenues between the West and the seaboard. In the case of this
Company, the tracks must be doubled and made the most perfect
possible, power and rolling stock multiplied, and everything
fitted to move the largest possible volume of business at the least
possible cost, and the reliance of the stockholders must be upon
small profits on a large business, instead of the reverse, as heretofore. And with the capacity and ability of the road made
equal to any demand upon it, there seems good ground to hope
for a future prosperity which may be equal to the past.
The capital stock has been increased to meet the payments for
the improvements and expenditures heretofore made, to the
extent of $3,331,300.
It has been deemel prudent and safe by the Board to acquire
the control and assume the management of the Jackson, Lansing
& Saginaw Railroad, which has been done by means of an agreement with the Company owning that road, for working it. By
the terms of the contract this Company agrees to pay the interest
upon and guaranty the debt of that Company, not to exceed in
any event $18,000 per mile of completed road, and also to pay as
rent $50,000 the first year, $60,000 the second, and $70,000 thereWhile this Company has been aiding in the construction
after.
of that road it has become the owner of some more than one-third
of the capital stock of that Company, which stands now at about
the sum of two millions. The one-third of the rent above named
is, therefore, by agreement, deducted from the payments which
are made semi-annually.
On the first day of May the Company made a trust deed upon
its main line from Detroit to Chicago, including all station
grounds at both places, acquired and to be acquired, to the
Farmers' Loan and Trust Company, for an amount not to exceed
ten millions of dollars in all. Of this amount there has been
issued and sold $4,000,000, which it is believed will cover all
the cost of improvements to be made this year, and also pay the
bonds of the Company -falling due July 1, 1872, being $500,000.
A portion of the proposed issue, and enough to pay all the outstanding bonds secured by prior mortgages, is reserved for that
purpose. In addition to the debt upon the main line there are
outstanding bonds secured upon the branches, as follows
:

Operating expenses

.

.

.

Taxes

.

198,094 67
16,950 45

Bonds secured on the air line from Jackson to NUes
Bonds on Kalamazoo & South Haven Road....
Bonds on the Joliet Branch
(iranil River Vallev Road
Jackson, Lansing & Saginaw

$1,900,000
710,000
800.000
1,!500,000

2.935,000

Inc. $181,114 22

The proceeds

.70

Dec.

.0 3-100

Dec .0 61-100
Since last year, and for a period of nins months, the earnings
of the Jackson, Lansing & Saginaw Road have been added to the
revenues of this Company, that road having been leased by this
Company. The operating expenses of this road have also been
included in the above statement of expenses.
The increase in net earnings, however, does not indicate so
much increased prosperity, because it arises largely from adding
the revenues of the Jackson, Lansing & Saginaw, leased during
tj)e past year, to the other revenues of the Company,
.6880-100

of bonds issued and sold under the ten million
be expended in the improvements required during
the year. The issue of bonds on the Jackson, Lansing & Saginaw
Road from time to time, as the road is extended, cannot exceed
$18,000 per mile of completed road.
There has been expended for construction during the year the
large sum of $2,380,731 41. Among the items for which this has
been paid are

mortgage are

to

:

Lands at Chicago and Detroit
liocomotives

Passenger cars
Freight, baggage and •ecoDd-clasi cars

,

$70,688 50
292,090 1-1
104,163 01
D60,607 09

I>

—
1872

.tuly 20,

;;

THE CHRONICLE

j

iHommercial Simeo.

^t)c

COMMERCIAL EPITOME.
The

weather during thi

intensely hot

cantile

Besides

centres.

19, 187J.

week has

p'xst

men

circumstance,

this

Bsporta or ItMUUac ft rllirlw ttmim N*w ¥«rli.
The followiuK table, compiled from Ututom Uoum rtituraa'i
the BXportH of leadinif arltcl.w from tin, jHjrt of New York iiaeo
January 1, 1872, to all the principal fur«l((n countile«,aii<i*laotk«
lotala for the laat week, and niuce January 1. The \im two
Uv«
totfU vaiuet, includloK the value of all nlher article*
^wlrtl^
thoM mentlonod in the table.

how

FB10AT NIOUT, July

caused a very limited attendancs nt Ijminess

85

al mer-

supplies

|li|pl|PI|!l§i£||li8l|||!l|Hg 1

of

grain have been interrupted by a break in the P>ie Canal

and

many

in

foreign articles

thn

reduiiti.jn

duty, which goes into operation on the

an influence

in

cliecking

any present

of ihe import

August, has

first of"

activity.

be anticipated, however, that a general

seems

It

to

roviv.il of trade will

take place next month.

Cotton has experienced a very marked decline, closing

M Mm' '^m"* ^MmumnH

it

iit

:

I

•a

the week, but clones

25@«

shipping extras, $6
winter, at $1 60(211

48@1

closing at $1

.51

i@ Jc, leading

active at ^c decline

Provisions have
flurry carried

and

;

to

but

68@61c

more

for

activity,

and extra prime

Is*

tf -1-

"^

declined,

lias

be.-n quite

some business

mixel.

:§

Coffee de-

;as

i|«

and sugars have been

A

unsettled.

in

i

:rS8" :|«2l5|-5
•rf

i

8^c.

fair refining,

up new mess pork to $13

future, with

ii

his been firmer for

spring

Indian Corn, which ndvanced

afloat.

to 61@6-lc, has returned to
clined

Wheat

60.

for red,

O;")

-.-

«'rf

Fiour advance! 25c early in
with most of the improvement lost

22|-o for Middling Uplands.

75@$13

prime mess

:P"S

s
speculative

at

3iS :l|§ ;S8R|

no

80. spot

:g;|8|,-|

$J2 50

$11 for export; but latterly new mess
has been entirely nominal.
Lard was firmer early in the
at

llgBs :rs?gs§ :«?g85i8liS8IS
Vf' f'<f>fV

week, and prime winter rendered brought 9J^@9|c., for .July
but on Wednesday there was a break, and

and August
about 4,000

tcs.

with prime

new

city.

sold at 9 7-16@9^c., for July and August,
s.-Uing at

The business

at 8|^c.

c^s'

;

8f c.

in refined city

Bacon has been

in

more demand, with

the best

brands sellinsr at 7^c. for long clear and 8:J^c. for short clear,
but some s'ock can be had fully ^c. lower. Cut meals show
a further advance. Some prime mess beef has been tsken for
Liverpool at about 113.
Butter has slightly declined.
Cheese has been active for export at firmer prices prime
to choice factories bringing 10^@ll^c.
To-day new mess
declined, with sales $13 50 for July and August.
Lard
sold at 9|c. on ihe spot and 9J<j. for August.
Bacon 8^c.

ii

ir

Western, and 8|-c. for
has been large for export

for

ip.

2

i

:

:^i

iS| ill

:

3
iS-SJ? :8'^gi88SI;ig

i

n :|
II

5" 55 '3
"•

A

o

n

3SS?S§| :§!

S3
"

'

;

••

ill

for short clear.

Freights have advanced, owing to scarcity ot vessels.
Yesterday the Liverpool steamers were 9J-d. for corn and
lOd. for wheat, with vessels to a direat port at 63. 6.1. and
to Cork, for orders, 7s. .3d.@7s. 6d., the lower rate for vessels to arrive.
To-day the Liverpool sleamors, to sail
to morrow, took corn and wheat al 8^@9i-d., but for next
week nothing was done.
Rosin has been more active, and closes at $3 10@3 12^
for strained.
Spirits turpentine has been firmer, closing at
49@50c. Petroleum has been moderately ae ive and a
shaoe firmer; refined in barrels 22|@22|^\ ani crude in
bulk 12|@12^c.
Oils have been dull, with a downward
tendency
linseed oil in whole lots not sileiblo at over
Tallow has been
80c. and ice-pressed lard oil sold at 72(3.
variable, and closes at 9|@9;^c. for prime.
Slearine has
advanced to 10@10^c. for prime, in tierces, the latter for
August delivery. Whiskey closed firmer at 93c. Hides
have continued very quiet, and it is very difficult t) arrive
Wool meets with rather more
ut approximate quotations.
demand, and bids have been tdvanced a little, but holders

:S8

:S

•5

5§
OM

Kg,,

62

iig
•l>t

;

still

find

it

difticult io realize their late

•

Jf S

§'£

:

-

-•-•

i

-a

.a

H
iS=-:-S;:ip||§g2:|82|»sis|

views.

Tobacco shows continued activity for Kentucky leaf at
firm prices.
Lugs, 8f@9^c.; leaf. 10@15c. The sales
have been 1,000 hhds, of which 700 hhds for consumption
Spanish tobacco has met with a
and 300 d> for expor
steady demand, and the sales aggregate 600 bales Havana
at 953@|l 15.
Seed leaf tobacco has had a steady movement, and the sales of the week foot 1,890 cases, as follo*9:
New crop 200 cases Connecticut fillers and seconds
400 cises New York,
fillers, 16® 17c; seconds, 28@3-2c
lI@15o; 210 ca=es Pennsylvania, private terms; 711
oases Ohio, 10@15b;
175 cases Wisconsin, 9^@12^.
Also, 800 cases sundry lots of old crop at 15@35o.

?f

Jfs
rf

.

—

;

^5 £^ «''sFiB

S^Aj3J3jsAj3 m • • « « • •

• •

•"

«
*

:

4

:

83

:

CHRONICLE

THJi

[Jul/ 20, 1872

Imports of Leadluff Articles,
The

Kx parted to—

from Custom House returns
tliows the foreijjn imports of certain loading articles of commerce
at this port for the last week, siuce January 1, \ii7'2, and for the
corresponding period iu 1871
foUowiiij^ table, compiled

[Thequautity

givou iu packages when not otherwise specified.]

is

Same

the

Since
Jan. I.

lime

week.

1872.

1871.

ror

Cutlery
JIB)

Kaiintuwarc...

JIJ

9.5UU
31.266
391, AV»
21,033
0,011

lis

Glujii

Glassware

llli

plate
Uiutuiis..

214

tons
Cocua. bags
CulTee, bagd

4119

(.rla^isi

10

*;oa1,

27,551
17,2i3
819,3.1
4,511

4jil

a

a-cj

3.1

Coctuti, bales

Drugs, &c.~
Ua>-k. Peruvian
Blea poAilera..
Brimutuiic, long
Cochineal

93u
SdS
3i7
2(
51

Irua. KH ba.-t..
Lea<l,plKa
Spelter, l^s
Steel
Tlu, boxes

3'i.61'.

317, '21
rJ,oai
6,430
3,*11
41,218'

S,06

Tin Hlaba,
Su^ar,

2,.i;i

2J5

SOSil

Su-la sal

m

5r,91J
4.-.,5«

30.4;2Fi8h

tioda.asii

IWI

21.0:1;

26,287, Fruits,

Madaer
II. la,

O

i,

csHential..

Olive

.

1,8111,

3,dOll
2,210:

111"

flax
Furs
ouiiuy cloch.. „
Hair
Ueuip, baled...

7,608

2ai
15

4.531
8.9i2
3.926
113,530

2fi

942

.

4i;

l;'

lirHtlc^

Hides,

476
1,419
37

dretiijed.

udia rubber
Ivory
JTewelry.

Ac-

13.3

Jewelry
Watched

11,865

Nuts

1,2

2.142
706
323,865
89,335

Spices,

3,519

This
I

Oliiger

23Ji

l.OS)

53,3'.S'

1, 32!, 853

1,405

103,6l6

Cork
Fmilc

Logwood
Mahogany

..ba*.

Oats

8.4. Oi

Barley, &c..

3,2 jO

-

4,072
'.,6«>,'22;'

2:M,hI0

6i,-1651

579,9(18

1.3 '7,1:63

238,24"

Gras' seed.

Beans
peas
C. mca'.iibh
Cotton.. bale^
Hemp ..bales

No
Hides
Hops, .bales.
Leather. sides

-iii
2JS.U
8,727

157,090
1%.||97

3,;oi

36;. 210

81,:i6:

170'

3,191

5,447(

41.5,631

70,017

6.311
l,910,SS8

MolasseTt. lids,

110.302'

Rosiu
Tar

210,7a'
27,692

17').979

2,8S.i

2i7,!)lfi

l«il,l',l8

3,2)4

83.735

63,884

week and

Oil

.

akc, pkgs

41,75!
8.623

S6.S'2.1

S i,SJ5

2,612:
15,» 8'
iii]

32-.,97.-.;

2l'.'22i;

21,974
l,527l

i-i-ol:

1

22,S87
S,666
42,070

8.1,4-.9

4,172
51,159

6',I0

Provision.Butter, pkgs....

305,223
49'), 61
238,120
296.936

13,146
74,186
4.0<;
7,323
211

Cheese
Cutmeats

EgnB
Pork

Tobacco, .ikffs
Tobacco, hhds
Whiskey, bbls
Wool, balci
Dresacd hogs, No,

309,8;;
373.855
113,673

270.907
IS 1, '21
84,h21
14!,4!9

lii7,;»6

13.1

13,619

6.9«

'23 ',52;1

9n

14.993

202
S,3Ui
u3J

173.036

1,5

S.305

3 5

23,5111

S,468

115,717
39,852
U2,ii99
33,518
80,243

.

5 2!!

since Jan.
;

3,472
50

Peanuts, baia

Beef, pkgs
Lard, pkg-t.
Lard, kegs
51.1,153! Rice, pkga
1,619 Starch
226,402 S earine
25,5;,-il Sugar, hhds., &c
1,715,361 Tallow, pkga......

30,53j

29 910

Since
Same
Thia
week. Jan.l. time '71

91,618,
89 iii
119,609,

Kaval Stores—
Cr.turp bbla
Snlrits turp

64.150
72,7-'0

r26,;68

1.

'71

152,015 3.02 ,249 7.2il.r21'
'205,187: 739;,l-"0, 10,551 310:
201,800; 5.011.065 2.928,198!

Rye

3'6 142

W^eek and since

tlie

Oil, lard

Corn

410,562

Wooda-

utl'*—

Flour.. bbls.

313 930

477.067
24,775
326 692
66,254

Pepper

2,906
S79

time

I8r.,'239

&c.—

Same

Since
Jan. 1.

202,112

.299,<'W 1,114,433
331.600
55S,99i
.61.292
DS;.594
168,9% 6,579.2^3 7,'!36,92i
5.53.978
581.139
1,952

time in 1871, liave been as foUowa

week.

34,8l'C

1

Cassia

440,7771

1871.

13,T23
1.0)2
6,431

Uoblle
'es'i

Savannah
Texas.
New York...

r,55i

Other porta..

_203

"65

1

6'J9

13!,6-23

315.U72

3.213
1,914.180

.3

8,615
3.862
5,'ai3

4.119

1,0110

17.4*6

7*6
33

75.752
16,000

9.271
095 J47

114,662

r,6':6

65

r3,:).53

7'22

203

8.549
1,417,435

1B7I.

1872.

13,699

CUarl .ton...

61.7-

11,000

156,319

1

Kroin the foregoinu: stalemeut it will be seen that, compartd
with the corresponding week of last season, there is a decrease in
the exports this week of 10,028 bales, while the stocks to-night are
41,657 bales less than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
all tbe ports from Sept. 1 to July 13, the latest mail dates.
do not include our telegams to-night, as we cannot insure the
accuracy or obtain the detail necessary by telegraph.

We

BXPOBTBD SIMOB BBPT.l TO— CoastBZOSIPTS
wise
Great
Other
is;ir|ni>7or Britaiii|France|For's;u Total. PorU.
1

New Orleans
Mobile
Charleston
Texas
Florida
Sorth Carolina
Virginia
Other ports

3,21"!

3,87!
2,2'2U

7,5-20

;5.0.)7

13.008
12,009
iai.;83
ILSBS13,a5S
16 476
131.017
Sl.l'i

9

t.fiiis

72,'209

Totil last

rw

952213 1422.075

561

i',"*mi:

...

:rQ Tiw

Tjir

9,869
iO,460
77,593
12 111
8,066

2,'235

1

S9.068
525
1.065

383,389
1S7 910

190,i;97

;^6 189

1

lll,3-8j

163^96

6.713

295,798
115.815
334.810

159.994
82.976

l.OiiJ

15 707

5^2

1,153
83,101

!!'.r97

731

50 44!
3 864
28,982

270,186

!<62

....

15,000

314,443 1911,9661092,768

r25,901

'3946.137 2302.4;3| 123.916' 647.907 3076,27611189.011

!78 21s

3,861

The market during the

«',?46

32,716
:i\S.'A)0

•2701,:89j

....

S.56

86 693
179,142
102.879
325,709

7!,6'27

•.:2,163|

ya-

|

285.512
267 9,14
447,770

896.^71
313.259
r22.7»9
1S9.462 303 534
104.381: 215.321
18,697
12,537
90.922
51, 000,
271,4'2B 337,092

Total thlsyear
22,*70
11,981
9,925

Hides uudressed.
nice

"1

11.691
i4.14l
2,8901

1

Samew'k

week.
1,121

107,505

1,133,115 t,)74.231
53.2 b
50,214
5ul,40i
S»>,W

26.799
2,069

Kai8ia<

January

.

4.2i
2 ,441

2,220

&c.—

OraUKefl

recaipta of domestic produce for the

Whea

93,1 S2

Lenious

8,142^
3,690,

Receipts of Domestic Produce for

Breads

101,36
110.312
66,912

Saltpetre

If

Ashes... pkgs.

973

4

Fancy gooda

8

3.4*<
69.485

2,«4

11, '19

ai.d <or the aaiue

3!.S«.il

l.fWSCorks
6-1,9

I

TUe

39,779
3,373

23.95VCit£ard

28,70:j

5-

Linseed
Uolasdcs

9«

799 511

by value—

210

Stock.
Total thlB

Contln't

aiNOB BBPT.l.

WiuoB

&c.—

Hided,

615,331
779,334

4,4lwWool, bales
1,7*9 Artl les reporte.t

9^5

.ipiunt

Soda, bi-carb...

31 >,67S

8i»5,314

Wlues, &.-.—
CbatnpHg'e.bka

406

Guui, Arabic...
Indigo

321,033

3.743
5.117

Tohaceo
Waste

1

1,52a
31

KraucQ

G.Brit.

(tew Orkan«.

Slncu Sept.

time

16,891

KTea

16,9
36.921
5,915

19.

&

bags

14.917'

16,669
11.279

fA

Gambier

1871.

July

lihtU., tea.

li bbls
{Sugar, boxes

1,190
31.261
2,807
4,391
2,145

Creaiii Tartar..

li>tt..

11,672'nags
581,831
2,288

23,8;«

1872.

85
4,06
3,8:r2
3.369
2,T20
»,011
571,785
536,686
183,90c
7,90 J
3-i6,<US
165,311 ',953 541 3,9.0,771
.l.:06
120,107
1 19,335
9,008
594,130
571,067
196,198 4,203,499 2,208.372
5,141!
76,591
7S.011

Hardware

,3171
-

week

Weekending

Total

Ac-

MetttlB,

Ka;tUe..wari;Cluiia

Same

tbe

Since
Jan, 1,

For

and

Uliiis

Uiiltia,

1.

181.623

week has undergone another

past

important reduction in valuea both for cotton on the spot and for
future delivery. The most marked decline has been on the spot
and for August and September delivery for the later months
prices resisted strongly tbe downward tendency, and it was not
till within the past day or two that any conniderable decline was
noted. Compared with last Friday the change has been about as
follows
On the spot 8^0., for July 2ic., for August 2fc., for September 1 7 16c. for October 13-16c., (or November fc, and for December ^c. The cause of the depression is the accumulation of
stocks at thia and the leading European markets, while there has
bewn increased dullness at Liverpool and a very limited demand
here, developing among holders an inclination to realize. For
the next crop the comparative steadiness may be attributed to
reports of injury to the growing crop by excessive rains and by
ravages of the worm. A feature of the week is the revival of the
aalea for export during the past three days. The prices for futures
last reported were (basis low middling) 21c. for August, 20Jc.
for September, 19Jc. for October, 19ic. for November, 19c. lor
December. The total sales of this description for the week are
117,650 bales, including
free on board. For immediate delivery the total sales foot up this week 9,754 bales, including 3,937
for export, 5,762 for consumption, 55 for speculation, and none
in transit. Of the above,
bales were to arrive. The followine are the closing quotations to day
;

;

,

:

New

Upland and
Ordinary
Good Ordinary
Low Middling
Middling
Good Middling

per

Mobile.

OrlcanB.

ITX®....
1»XS....
21H®....

•.7K(»....

Florida.

1

lb..

17K«i

19K®
21?5®...,
ii%m ...

'

ia%(a....

-.1

90,114

Texas.
\^%A....
20

a...,

21X«...,

22XIi....

223j«...,

i'Xb....

23«4...

Below we give the sales of spot and transit cotton and price of
Uplands at this market each day of the past week

1'2,3 8l

396

:

[COTTON.

Con-

Friday, P. M., July

Eip't. sump.

19, 1872.

Saturday

by us to-night from the
Southern jiorts, we are in possession of the returns showing tht
receipts exports, &c., of cotton for the week ending this evening
ay

special

July

19.

telejjrams

From

the

received

figures thus obtained

total receipts for the seven

it

appears that th<

days have reached 2,419 bales against
week, and 6,216

2,678 bales last week, 4.673 bales the previous

making the total receipts since tbe first ol
September,187 1,2,703,608 baies against 3,956,798 bales for the samt
period of 1870-71, showing a decrease since September 1 this yeai

bales three weeks since,

of 1,2'53,190 bales. The derails of the receipts for this week (as pei
''elegraph) and the corresponding week of 1871! are as follows
:

Bec'd this week at-

Sew

Orleans

bales

Mobile

521

60

4,55)

Charleston

231

9)6:
1,0171

TexaB

241
W>
531

653
1,401
937

.,,

Tennessee. &c

Florida
North Carolina
Virginia

Total receipts

867
1.036

Tuesday

465

Wednesday
Thursday
Friday
Total

The exports
bales,

for
of

1,389
1^833

3.937

5.762

For July.

.'.

bales.
200

22X
.,..•22 7-16

22K

200

40
'200

28)4
22 7-16

20X
-XJi

63

812

600

'21.115-16

621

091.

..

the week ending this evening reach a total
which 2,549 were to Great Britain, 05

21K
'21

3-16

21X
2IX

of

18J0
800
3,100

21 7-16

to

60O

21 9-16

41'C

21X
2i%
21a

the exports and stocks for the week, and also for the correspond
ug week of last season, as telegraphed to us from the various

!8>4

1,6 J

20M

3,t30

19J<I

Mid-

¥

23

2'.%

22X

9,134

'21

70.1

>o

91.10

15-16
22
22 1-16
aS)i
22 3-16

1,800

22>i

1,700

SOC
100

bales.
9011....

4.450. . .
2,000....
2,100....

'21

ForSe -tember.
ISO)....

20«

1.001....
2,200....

20 9-16

•20X
...20
1,100....
200.... ....2b'!3-!6
2.700....
20K
1 700
.20 15-16
8.400....
21
1,00.1....
21 1-16

1M6

1,K0....
800....
100....
3,7t0....

.

.

bales.

CIS.

'00
100

20 18-16

21X

«%

400.... ...2111-16
-iik
2,500.... ...21i3-;«
4,650....
21J4
700..,. ...21 '^6

.

aw
'ilX

215-16
•'flX

13,2.0 total

.

.

.

Octob'r.

For Koveraber.
500
100
900
100
100
300

22

1,450....

300....
1,100....
200....
iOO....

20X

,219-16

.22 8-16

22K
....'22 5-16

lot

23X

300

19

191-16

19K
19 3-16

19X
191s

ni

1,650

9-^
19X

•^00

19 ]'.-U

total Sepfr.

August.

36,803 total

.

cts.

....217-16
..

2,8.50

49,71.0

21 1-16

3,100

5:»
800

M6

21

1,500

•200

—^^^i

00....
600.... ....22 9lS
1,200....
22 J<
200 ... ...22 l'-16
600...,
22X
400... . . . 22 1.3-16
1,500....
200.... ...22 15-16
100.... ....'23
1,000...
100.... •...•23^11
100....
23X

3,

KK

1.300
1,300

10,66.

cts.
.,..22.5-16

...

•2.700....

IS

2 4:9
8,242

1.870

...

ow

?3«
Zi%

19

46.^

55

1

'ird'ry. Ord'ry. Mldl'g. dling

1,088

1,6110..,..

800

Decrease this year...

3

cts.

2011 16

bales.

PRI.11.B.

Good
Total.
317

"52

100 del 20th. .IWK

bales.

101

France, and 029 to rest of the Continent, while the stocks as
Below we givt
made up this evening, are now 114,002 bales.

ports to-night

667

•245

2,492

.11.

ula'ii

1

free on board),
For forward delivery the sales (including
havereached during the week 117,050 bales (all low middling or on
the basis of low middling), and the fallowing is a statement of the
sales and prices

20.

3,243

i','i'«i

For August.

Rec'd this week at^

1872.

Monday

roo total July.

BXOXIPTS

BSOSIFTB

BALES.
"nee Tran-

19

19X

1,000

For Octol er.
400.... ... 1911-18
5«l. ...
19V
100...
...1913-16
:,!oo....
19!i
500... ...19 15-16
20

1,300....

200.... ....20 1-16
1.^00....
2014
20 5-16
2.300
.

1,900...

.

20X

1,100....
•20K
100. .. ... .'20 9-16
1,100....
500.... .'.iaii'n.ie
700....
-.oii

soo

19;,

5,530 total

Novem.

'For December.
1.100
13«
1

19

100
400

200
400
600
400

193<
19 3-16

19J4
..

3,000
2.70O
1,600

11,500 total

19 S-io
1954
19 7-16
191<

19X

:

.

July 20, iS72.)

b«ye been made dnrinfr tbe week

no

:

Kc. ptid to oxclimigc HO .Inly lur ri)i AiiioHt.
•'
IOiSi;|iti!iiih«r for IU> AilKU t.
He'
•UIIScpicnilnT foraui AUKilnl.
X'-.
•
««IS(|il'iii <i ror««l AilKU t.
X«-"
Ic.
VUiHr|it(-iiit>cr tur;iM AllirUHt.
"
If.
:^Octul)t:r lur

considerable daniai^e bis resulted of course, however, the extent
of the injury done will depend largely upon the subsciiueut wen
;

is

probuiily

cooGued to iiarts of Louisiana, Aikansas, Mississippi, Alaba'iia
and Tennessee. From Oalveston our correspondent telegrapb.1
that they have bad delightful showers extendiui: over a widi;
surface; that be believes the statements of injury from cnterpil

We

lars are greatly exaggerated.

are compelled to go to

pn

Orleans weather telegram to night.
Our Sel na correspondent states that it has been warm, sultry and
wet there, and that it ban rained more than halt the week also
that there has been a great overflow of the Cahiiba, Alabama,
Bigbee, Warior, Coosa and Tallapoosa rivers and their tributa;

ries,

and

gri'Ht destructioa of the

crop has resulted.

From Mont-

gomery the same

facts are referred to, our correspondent stating
has rained more than halt the week that great damage
has been done by the overflow of the rivers, and that lust ou
black lauds is reported. Our Mobile correspondent speaks of rain
on three days, adding that there is a general inundation. Tbe
same stonns appear also to have extended into Tennessee, our
telegraph from Nashville saying that it has rained there every
day but one heavily much damage is (eared in that section, and

that

U

ruin,

disp<witi.m to

buyer, to buy exe»|>t In UmhI.
currency, cash, lu bond.

it

•JJw'Jfc.

;

and the indications favor a continuance

iJoTTO.-* MaDK
DV CaBI.« AXI) TKI.K.e have lo ui((ht tb« tlinka at tbu
dlll.r.M
tbe India olUin aM<«t for all of Kin.|.*,
,nd l|,«

cable

afloat for

received,

we have

porta,

each

|K.rt

aa given below,

Kni.t

Our Memphis correspondents state that it has rained
there on every day but one two days continuously and that
there are indications now of further rain
that it is feared that

—

the rollowioK Ubl.-. ibnwin^
tba
quantity o( (oiton iu sight at thia date (July lU) of
earb of tba
two past seaious:

IW2.
Stock
Stock
Stock
Stock
Stock
Stock
Stock
Slock

in Liver|>ool
in Ix>ndon

3;itf/IOU

in Havre
in Marseilles
in Bremen
in
at
at

1871.

vufm

g OOUO

balca.

2<')!iinO

7».4«>

*nj«g()

\\

2700U

Amsterdam
Antwerp

Barcelona
Alloat for Great Britain (American)
Afloat for Havre (American and Brazil)..
Afloat for Bremen (American)
Afloat for Amsterdam (American)
Tctal Indian cotton afloat lor Uurupe
Stock iu United States jxirta
Stock in inland towns
Total

40MI

{|| in)||

49M0

44 iiqq
80001)

'tAmna
54

wo

2iS,(NI0

MIMO

^jlKO

48.KI8

..,,
37oil6o

tjOOO
S49.S84

14.0(13

IMjnt

9(17.1

IMI«

2.a'»0,087

I.^SMI

•.eu

'.

!

in si^ht to-nigbt

1871.

Movements of Cotton xTTtiE Interior Ports.— Below we

;

much damagj will be done that there are no worms but some
appearance of blight and shedding of forms that the vegetation
is too strong (or fruit. These storms do not seem to have reached
Georgia in^ibeir full force. Our Macon correspondent saya it has
rained thare on three days of the week, but that crop reports are
more favorable. Tbe same number of days on which it has rained
are also given in our Columbus telegram, and it also states (as
does also the despatch from Macon) that the latter part of the
week has been clear and pleasant there are no cater illars in
the vicinity of Columbus as yet. It has rained on three days at
Augusta, and the crop is said to bo developing promisingly in
that section it has been very hot. At Charleston it has been
warm and dry all the week there are rumors of caterpillars, but
our correspondent thinks they are of little importance as yet.
The thermometer at Galveston has averaged 87, at Montgomery
83, Selma 87, Columbus 85, Macon 80, Charleston 83, and Mempbis83.

ilKurra ibua

preparinl

These 6gurea indicate an ineyeatt in the roiti>n
of 364,2(2 bales compared with the same date of

of rain.

—

-By

Kuropeau
American

;

also in Northern Alabama,

W

VlSIBLK HOI-PLT or
OUAI'II.

,U,m mt

W« .|itu«.

u.>r

itell.

ss

New

receiving our

(

wwk

appears tUat iu certaiuHectionauf the Houlli lliure baVD
been unusually heavy rain /alls, and tUe pruxpecl now iM tliat

note that tbe dama((e

8/MW

The aaklmm

Jr. gold.
Jute Huim are •|u<>4el at '.•{
4lc. caab eur
reucy. duty paid, with aalea durlnj; tba
of about i;S00 hak«
In small lots at tbeae liguroa.
To arrive, 2|r^Hf. ^oM la aak«4
As Butts are to couiu lu tree ol duty, boldera. aa

It

Still it is satisfactory to

^7

lioce tba 8(U of tbia uiopib, wb«n •
lot uf
Mold, but the particular* wem kept
priv.u,

price is

VVeatiiek Rei'OUTS by TelkouaI'H.—Our tBlH^rnpli roimrlH
to-ui^kt
develop
Home apparently very uuruvornblu fea-

before

:

mIm

wa»

'A4JSi'i)U<liibi>r.

ther.

1

.

THE OHRONlCLE.

Tlie followiug excbangea

tures.

:

give tbe movements of cotton at tbe interior port»— receipu
and
shipmen's for the veek.and stock to-nigbt and for the correipond.
ing week of 1871

;

;

^Week ending

July \% I81»-,— Waek ondlns-lalr tl IKl ,
Receipt*. Sbipmeotf. Slock. Racetpu. ablpoiuiu. 'Slack.

Augusta
Columbua
Macon
Montgomery...
Selma

278-

aw

8,048

S
30

51

28(1

80
38

405
738

Mernphis

.313

4s6
515

8983

G

1.010

643

1.434

0.675

13

104

;

Nashville

—

avt
118
128
1(3
53
901
148

5S8
87

1037

S,S08
1,-8T

13

1.718

1>S0

2.00.1

«0

677

l,8.<f5

4.801

157

1.00.1

2«J4

16,2IQ

;

Bombay
to-aay,

Siiipments.

—According to our cable

the shipments from

Bombay

dispatch received

Great Britain for the
past week have been 6,(XK) bales and to the continent, 4,000
bales, while the
receipts at Bombay, during the same time
have been 1,000 bales.
The movement since the fir,-t of

January

is

These are the figures of W. Nicol
the week ending Thursday, July 18

&

as follows.

Bombay, and are

for

.—3lilpmcnt> this

week

to-.

Great

Cou-

Brltulu.

tineat.

Total.

4000

10,000
13,000

1872....
1871....

to

6,000
8,000

4,000

:

^Stilpmenta since Jan. I to-.
Great
CouTotal,
tluunt.
Bnlala.
589,(J00

617.000

215,000
2S4,000

Co., of

804,000
901,000

Week's
receipts.

j

The above totals show that the interior stocka have dtereated daring tbe week 791 bales, and are to-nigbt 6M\ balea Uts t*an
&t the same period last ycAr. Tbe receipu have been 1.204 bJca
less than the same week last rear.

The exports

of cotton this

the foregoing

it

;

Exports o( Cotton (bales) ft-om Mow X^t% a^e* Itapt. 1 ,
wasa

1,000
11,000

would appear that compared with

Other

Tot*'

HatTe
Otiier

Wtl

l.tiB

1,6«6

In
data.

Jalr

1,4S>

Brllisli Ports.

Total lo Ol. Brltala

—

July
i.

Liverpool

is

Britain of 2,000 bales,

aifDiKo

XPOBTXD TO

last

a decrease this year in tbe week's shipments to Great
and that the total movement since Jan, 1
now shows a decrease in shipments of 97,000 bales over the corresponding period of 1871.
fear there

In-

tbe last four weeks; also the total exporU aad direction since
and in the last column the total for the santo
1, 1871
period of the previous year

September

Jan*

From

week from New York show an

crease since last week, tbe total reachiu$r 1,610 bales, aKainai
789 bales last week.
Below we give oar table abowinr tk*
exports of cotton from New York, and their directino for eack of

It.

I

1

ST

flS,*
""a
prer.

nar.

I^ ,HI
It, IS*

788

;

3^;w

a8i,iw

«s

French ports.

in

GtJNNY Bags, Bagging, Etc. The market for cloth continues
lotal Frencb..-.
quiet, with few sales.
Holders generally are waiting for a conand Hanover.
HLflH
sumptive demand, and when it fairly sets in are looking for a Bremen
Hamburg
LSI*
good trade. There is a little more inquiry noticed from the Soutii, Otiior porta
1.MI
HOT
but hardly enough as yet to give much tone to the market. We Total to N Karap«.
CBW ;ni
quote domestic rolls 15K316c, cash, for immediate delivery, and
Spain.OportoJkOlbraltarAc
Si
14a
16i(ai7c. for future, with sales of about 1,500 rolls during the All others
I.IM
week, mostly on small orders from the S.iuth. Bjrneo is held at Total Spain, *e
l.tM
I,1M
16c. cash, and native at 144^((£15c. cash.
Bags remain dull, and
Grand Total
sm.»m; m«.so7
ies
l.SI*
!.«
we have no important sales to report. -We quote them about 9c.
The following are the receipts of cotton at New York, BoMon,
gold in bond
16c. currency is asked for heavy weights, bat there
arc no bnyers at this price. Manila hemp has ruled quiet with Philadelphia and Baltimore for the last week, and since Sept. 1, 1871
:

<

:

;

;

:

THE CHRONICLE

88

PHILADELP'U

BALTIMORE.

BWn'TB FROXThis
Since
week. ISept. 1.

This Since
week. IScpt. 1

I

„

r-Taken on

This [Since
This Since
week. Sept. 1 week. Sept. 1

i

[July 20, 1872.

1872,

1871,

Orleane..

120, 27
46. 189i

8401
136(

Texas
Savannah

383

91

1,,647

Florida
8'th Carolina
N'th Carolina
Virginia
Nonh'm Ports
Tennessee, &c

9, 336

15,0761
28.225,

404

,573]

HobUe
443

41,615

39,,640,1

394
903

4, 281

Total this year

692

4!794

9ifl6o

406,
73,630,
55,737,

2,902

99, 31,797
239,
1,943

725
5:)
46,060
119
....|

481; 69,003|

111:107,089

...

7-39.

1,701274.901

;!l,735l|

8,686
7,898

1

131

i^l 32,683

32,458

105,,0(i9,
6,,400

2,4511

137
511
10,144
126

...I

bales.
262,100
51,990
18,860
6,200
52,210

bales.
124,670
7,720
4.860
70.190

187J,
bales.
58,498
25,782
4,678
5,230
13,223

479,620

331,,530

208,250

2-M,406

AmoricaM...
BrazUian...

BgypUan.

W.

1

.

Indian..
Indian,.

B.

'.33,,505],

8841
141

143

22,293

M9, 818,

F9relgn

3,511
3, 6551
15,603

Total

Total last year

8,249, 1 ,051,018!!

—

New York—To

Liverpool, per steamers Nevada, 435

....Atlantic, 470. ...Scotia, 600
Havre, per steamer Ville de Paris, 65

Sales this week.
Ex- Speculaport
Hon. Total.

,

Trade,

American. .bales. 17,580

New Orleans —To Havre,

Savannah— To

per ship Gardner, 1,3 i8
Liverpool, per steamer Darien, 63 Upland, and 230 Sea

Egyptian

3,880

80

70

^^
'^

^

••1

9,480

3,800

Smyrna & Greek)
West Indian, &c f
East Indian
'otal

41,200

Liverpool, per steamera Olympus, 357

S

293
660

Total

The

3,787

particulars ot these shipments, arranged in our usual form

To

Liverpool.

NewYork
New Orleans

Havre.

Total.

65

1,551

1,616
1,318
293

1,318

Savannah
Boston

293
560

Total

560

2,404

:

8,787

1,3

(

this

date

To

Total

930

52560

13,490

67r,570

3.

,

59,760

9,180

63,220

Stocks

.

,

Same

this

date

. ,.,,
''""

53 190 f ^'^^
481,830 11,080

47,600 2,360,390 2,307,660

44,637 8,254,517 2,499,220

Alexandria, June

1871.

48,040
4,710
4,850

,^

410
2.040

period

Average
weekly sales.

Same

this
year.

1872.
1871.
19,770 1,005,730 1,413,960 28,870
9,380
444,160 224,480 12,850
5,380
:J,690
175,130 130,140
340
11,250
4,0601 ,

1872.
1871.
15,829 1,002,875 1,786,398
11,621
497,485
262,914
Egyptian
841
169.332
158,665
Smyrna AGr'k
16
14,884
2,047
W.Indian..., 6,967
65,524
47.071
East Indian.,, 9.484 504,417
302,725

Middling

are as follows:

910.330

Total

Imports.

This
week,

Srazilian

iberla, 203

4,360

I

American

Island

Boston— To

1,660

9,.380

65
1,318

630

Brazilian

1,551

To

481,475

,35,307

8ALBS, ETC., OF ALL DESCRIPTIONS.

:

Total bales
England, 46

7,478
4,193
174,868

bales.
302,180
60,830
12,620
15,710
519,490

evening last

l,66o' 60,571

Shipping News. The exports of cotton from the United States
the past week, as per latest mail returns, have reached 3,787
bales. So far as the Southern ports are concerned, these are the
ame exports reported by telegraph, and published in The Chronicle last Friday, except Galveston, and the figures for that port
are the exports for two weeks back. With regard to New York,
we include the manifests of all vessels cleared up to Wednesday
night of this week

810

1871.

1871,

bales.
259,629

The following statement shows the sales and imports ot cottoi
for the week and year, and also the stocks on hand on Thursday

<

7.152 281.858'

1870,

bales.
167,860
81,090
31,400
8,520
195,650

I

New

Actual
,— Actual exp. from
Liv., Hull & other cxp'tfrom
U.K. in
ontports to date-.

spec, to this date-,

Total.
1871.

This
day.

2,23,3,984

3.36,5.50

500,466
264,880
6,458
113,640
895,368

192,610
75,630

Dec.

date

31,
1871.

1871.

168,800
423,590
64,030
132,820
49,750
59,720
«,460 1
,. .Kn
'''""'
27,470 f
272,770
63,850

10,020
29,940
364,310

566,900

715,310

4,014,786 1,009,060

— Market rather easier, good grades scarce.

per lb., cost and freight fair, 12d. per lb.
good fair, IS^d. per lb,, coat and freight good
fair, white, 12id. per lb., cost and freight; fully good fair, extra,
as in quality, 13Jd. to lajd. per lb., cost and freight fine, 15d. to
80d. per lb,, cost and freight. Forward delivery, contracts quiet
some pressure to sell. Fair, November, free on board, lid. ;
December, 10|d. January-February, lOid. Receipts for the week,
7,000 canlars same week last year, 7,500 cantars. Shipments for
the week, 1,000 bales.
Exchange, three months' date, 96i.
cost

fair, lO^d.

and freight

;

;

;

;

;

We begin, to-day (July

and shall hereafter continue
to give under this heading, all news of disasters to vessels carrying cotton from the United States, so as to make our shipping
'

20),

;

Freight, 14s.

BRE ADSTUPFS

record complete.

Concordia— 236

bales of cotton, saved from the wreck of steamer Concordia,
Orleans for Liverpool, were landed at Halifax, July 2.
Adelaide Baker (Br.), McLellan, from New Orleans for Liverpool, with 2 477
bales of cotton on board, which went ashore on Grand Banamas, April 8,
and BUbsequfntiy got oil' and taken into Nassau, remained in port June 14,
her salvage c^se having been settled on that day, the Court according the
salvors $4,900, with their costs and expenses.

from

New

—

Gold, Exchange and Freights. Gold has fluctuated the
week between 114 and ll4f, and the close wasll4J. Foreign
Exchange market is dull and steady to-day. The following were
London bankers', long, 109f@109^ short,
the last quotations
Freights closed at Jd.
110i@110f, and Commercial, 109@109J.
by steam and 5 33@3-16d. by sail to Liverpool, fc. gold by steam
and ic. by sail to Havre, and f d. by steam to Hamburg.
past

:

;

28.

Julys.

62,000
5,000
12,000
1,011.000
339,000
282,000
57,000

47,000
4,000
2,000
1,009,000
836,000
285,000
46,000

Total sales...;
Sales for export
Sales on speculation
Total stock

Stock of American
Total afloat
afloat

The following table

will

show the

July

July

1£.

51,000
5,000
4,000
992,000
328.000
299,000
89,000

daily closing prices of cotton for the week.

Mon.

Wed.
Thurs.
Frl.
10%@....WUmoy,iO}i-mo% W%mOf.i 10>^®....

Sat.

Tues.

Price Mld.TTpl'ds.lOJl®--..
'
Orleans. ll>i@.... ll>i@....ll ®ll>ill @llx My,@n
Trade Report.— The market for yarns and fabrics at Manchester

European and Indian Cotton Markets.— In

lOr,@W}i
is

heavy.

—

^Fair

^Ord.* Mld-^

&

g'd fair-,

Sealsland

24

:30

37

Florida

22

28

31

G.Ord. L.Mid.

Mid.

10«
10^

10 13-16111-16
11>^
10%

10>^

11

115-16

,-Good

& ^Same

Fine.-,
44
60
34
38

date 1871Mid. Fair. Good.
23
19

29
22

38
27

G.Mid.Mid. F. Mid. G.Mid. M.F.
IIX
9
HJi
9H
9jtf

IIX

U%

IV/,

9

9ii

12^

9 3-16

9X

9X
»«

The following
and

are the prices of middling qualities of cotton at
at the corresponding periods in the three previous

years:
d.
Midland
Sua Island 25
Upland
Mobile

Orleans

Receipts of flour have been on a reduced scale, and early in the
a brisk and general demand, as is usually the

week there was
case

1878.

1870.
d.

1871.
d.

18
9Jf
974
10

83
24
9
9
9 3-16 11^-16

d.

Midland
Pernambnco.
Ejyptian,...

1869. 1870.
d.
d.
12^ 10

lOX

;

A few parcels
arrived and sold at $1 77i for amber and
f 1 87i for white, but for prime old red $1 65 is a fair quotation.
Spring wheat, on the contrary, has declined under dull accounts

this quality

ol

has been wholly from local millers.

new Southern have

from Europe, and higher rates of ocean freight besides there
has been some pressure to sell on Western account. The latest
transactions have been at $1 50}<gl 53 for No. 3 Chicago and
Milwaukee. The harvest of winter wheat has progressed finely,
and the yield in many instances is said to be in excess of anticipations. The crop of spring wheat is also reported to be making
good progress. To-day supplies were at hand from the break in
the canal, and prices were lower, with a moderate business at
$1 50@1 50i for No. 2 Milwaukee, and |1 53 for No. 1 do. afloat.
Indian Corn has been scarce, and those who have been compelled to purchase to fill freight engagements, or to meet any
other urgent necessity, have paid more money, but business has
been on a very reduced scale. On Tuesday, steam and sail mixed
brought 61@64c., but without any increase of supplies, prices
yesterday were 59c. for steam mixed, and 61@Cl^c. for sail do.
To-day, with supplies at hand from the canal, the market was
active at 58@59c. for steamer, and 60@60ttc. lor sail mixed.
;

reference to

these markets our correspondent in London, writing under the
date of July 6. states
Liverpool, July 6. The following are the prices of middling
qualities of cotton, compared with those of last year:

this date

flicting and temporary influences, the most noted of which have
been the interruption of supplies by a break in the Erie canal
and an advance in rates of ocean freights.

;

June

9%
N.0&Tex9Ji

all

was steady at yesterday's decline.
Wheat, immediately nubsequent to our last, took a sharp upward turn on winter growths an advance of fully 5c per bushel
was established and has since been maintained. The demand for

are American.

Mobile,...

and

58,000
4,000
4,000
979,000
319,000
299,000
35,000

M.— The market has ruled heavy to-day,
bales, including 2,000 bales for expor
Tlie sales of the week have been 58,000 bales of which 4,000
bales were taken for export and 4,000 bales on speculation. The stock in
port is 979,000 bales, of which 319.000 bales are American, The stock of
cotton at sea bound to this port is 299,000 bales, of which 35,000 bales
speculation.

Ord.
Dpland... 9>4

for flour

descriptions of grain during the past week, the result of con-

19.

By Telegraph from Liverpool.—

American

P. M.. July 19, 1878.

had variable and unsettled markets

when prices, after a decline, have taken an upward turn.
There was consequently a further advance in leading grades of
25c per bbl., making about 50c from the lowest point during the
first week in July.
Some favorite bakers' brands were found to
be scarce. But this advance caused increased offerings of low and
medium extras from Spring wheat, and enabled local millers to
go to work upon orders for the better grades, and the result was
some reaction in prices. Rye flour has advanced and in corn
meal the demand has materially improved. Today the market

LrvERPOoL, July 19—4:30 P.
with sales footing up 8,000

and

Friday

We have

Broach

9

8
7

Dhollerah....

8%

7

1871.
d.

8Jf

IX
5Ji
6

1872.
d.
..

8}i
5>;

6X

Since the commencement ol the ^ear the transactions on specula'
Ion and for export have been

Rye has

sold pretty freely for the Continent, but at a decline of

74@76c. for Western, in (tore and

afloat,

1

.

:

.

1

.

:

.

THE (HKuNKXK.

Juljr 2), 1872.]

69

Oats have be«n active at the advauce noted in our last, but It
has not been found practicable to force a further advance, and today there was one cent decline, No. 3 Chicago cloging at 43c. In

In store at Montreal

store.

Amount un New York canala

The loUoiving

Ac

Extra State,

'

«

4Ua

(i

25®

Wheat

extras

do double extras
do winter wheat extras

7

00@10

8

00®

The movement

"

Barley,&c "

"

Oats,

1

88$

1

in

I

ftVa

I

Kfl

Whllc!
Corn--Wefitcrn mixed
Wblto Wcdtcrii

(iO

Soutlie

.

70®

,Inn.

HN®
Ml®
"

3 83

|

8,ati0

!,307.Bti8

aOt.SOO

5,011,0t«

2.832

l!<»,60n

Mi

7.Sfil

10,,'>51,.')30
B.',-I(i5

For the

J

For the

....

iWO

1!»8

|

20,510
8.582

Il8a,8l<l

4.'i7,1«4

8.««.S74

311l.45:«

5,11)4.213

«,(J00

2i.8.VI

40.0I8
81 8III1

1<J,.385

li.li.M

10.718

TEA.
The demand

The followinff tables, prepared for Thk CintoNlCLE by Wr. E
H. Walker, of the New York Produce Exchange, show the Grain
and tho movement of BreadstuB's to the latest mai!

hush.

bbls.

()»«ih«.> (finih-

Chicago...

18H75

Milwaukee*
Toledo

13,587
3.479
3.823
2.8Vlt
9,033

Detroit
Oloveland

Louis
Ouluth
St.

51.6 7

'70.

«9.

71 lfi4
48,971

'(18.

.30.722

"
"
1

.50.303
ii3,;«S

'67.
30,141
to date. .5,617,109

Same time 1870 71... 5,7.16,735
Same time 1869 70. .5,7»5,.574
game time 1868 69... 6,330,394
. .

*

UWIh'.l

f.SRIN"

)

81,080
183,507
9.47()

1,463.845
8S.3a7
216,854

7.582

2,9fia

.3,.390

8.K00
148,115

40,173

bush

bush.
1.10.503
17.4.33

39.811
15.418
5.200

((8lhs

I»n»b.

(56

'•

8.34»
4,974

II

'.}

6.484
8.505

400
3.001
a..150

468

io,.S00

Seven days

receipts.

t

1.931..3C3
2,2h4,6(l«

.359.681

19.3.7:

284,aj5

1.4(10.029

221,354

909,216

821,037

.306,891

l,0<i9.257

^4fi,877

2:W,l«a
180.088

230,560
290.104

866

1,159.172
1, 172.118
.327.976
:J8,469.877 74,344.898 30,.i56,3.57
49,703.454 37..5.14,I3I 16,I0.5..529
51,670,138 3 1.744.489 16,488 .'508
46,720,89! 30,.';18,113 28,148,411

19.136
7.013
8,909
24,.')64

1.083
4,918
8.125

10.816
11 082

51.713
23,276
10,305
5.914
9,093

8,98.1.897 8,87.5"5I5
l.s7f,.0Sn 2.006'429

4.99:.90I 8.017.' 880
3,305,982 2,490,953

bbls.
60,19a
51.867
100,866

half eliests
39c.: 110

Oreens

Congous

Uoloni^ atMASSr.
and 500 Japs at 5a,V(;tfflc.

at S7)i^r.oSc.i 600

at 5.3><c.;

bush.

M9

Imports at New York this week have iucludod 660,806 lbs (irren. and tl.Sil
Reed," from Shanghai; 2I'>.*..6I6 lb» Japan, per
Japan, per '-S. O
from Hlogo; 8U,907 lbs. Bla.k. per "Agra." from Hong Koar,
end 6.56.116 lbs. Black, per "Cissy." from FoiKhow. The receipts Indirectly
have been 1,394 pkgs. by steamer and 1.478 by rail overland.
The following taule snows the imports of Tea Into the United Slates
'

from January
Atlantic ports,
Atlsutlc ports.

1

to dale, In In'a and lr71
RIaek.

Ureen.

Tnial

.lepen.

1»T,'.,. lbs.

li.21»,7»a

UtTiXM

1871

'.S'.IS.S::

!3,7i>,StS

I

.«»«l

,-».1-ejf»

S.mjK

BjOlOig

The Indirect Importations, Including receipts by Paclllr Mall strainers via
Aspiiiwall, have beer. 97.143 pkgs. since Janoarrl. aeolns) Sl.Otn is.i )ear.
Imp'ifts at San Frani-iiro from Jiin, 1 to July t have been 4^.6.340 lbs. sad
1,217 pkgs China and 533,300 lbs. and 1,583 pkgs, Japan.

CUFFBB.

hush.

bush.

hns6.

599,461

2. 114.8-24

61.\.'i»5

10,6.57

90a,.508

1,431,.523
2,.141,831

.539.121
a22..559
5%'^,4(4

4.244

60.526
31,311

6.. 145

23,.3:17

831,499

33 Souchosca at

:

lbs,

Estimated

yRiPMRNTS of Flour and Grain from Chicago, Milwaukee
Toledo, Detroit, St. Louis and Cleveland tor the week endirc
Ju'y 13, and from Jan. 1 to .July 13
Flour,
Wheal, Corn,
Oats,
Bsrley,
Rye.

Week eiidinjj—
Jlilyl3,:87a
July 6, 18r2
..
Corresp'ni; wee'c 1871.

week are 1,000 half chests Ool ngs, 1,000 do. Ureen, 900 do. Japan, MR do.
Green. 1.600 do. Japan, all on private terms. Also 9,100 half chc«t> Jspen (or
e^poit, .\t an auction sale of sound leas held on TneMlay Ibi^rr waa a fair
degree of spirit and a Kood attendance of buyers. The pertlcalare are BN

"Alert.

325,208
454.477

aare

561

Noreport

Total
Previous week
Oorrosp'n-; wcek,'71.

Total An?.

bueh.

h» Imone

quotations progresses, prices have not yet been fully established on Blacks.
Buyers arc Inclined to bo a little ufllsh, and only buy freely at a concea*lon la
the ab.tence of pressing needs. Holders are generally Arm. tboash shadlac
the nominal quotations in some Instances, on Blacks, The sales for tiM

:

RECEIPTS AT LAKK AND RIVEK I'ORTS FOR THE WEEK ENDIKO
JULY 13. AND FROM AUOUBT 1 TO JULY 13.
Flonr. Wheat
Corn
Uats. Barley
Ry.,

for teas, wllhont linprorinu Biuch In rolnmn.

general dnrlne the current week, and the early rotern of the aaasi llae
demand Is looked for. Oreens continue to tie hel(l-wltli5i itood dcKn?*- of inaness and meet a better Iminlry than most other descriptions. The tariff
changes on the 1st Inst, left valuca anaetUnl. and allhunah the rvTlstoo of

in siffht

dates

I*. ItTt.

effect of

volume of trade and unsettled values. Sume ImprovemMit has
been noticeable during the ast week, but the movrtneot is stUI
light, and few lar^e transactions are rttcordeO.
The inteilor
demand is improving, however, and a mora liberal movemeDl Is
looked for as prices become settled.

.

Since
Jan. I

week.

1.

1,858
H8.418
248.K85 4.48'I,R1I7
1,048..W5 13,3^7.878
«2,93B
447.7153

679,91'8

2,9a8

Since
4.S1I34I

MM*

tu,m

PaiUAT K«iaiii«, July

1871..

Jan.

80.00fi

5.S7I.*>«

the recent tartfT cliaoge* oo sonie of lb* Ivadlac
articles in the groceries market is still visible in a raatrtcted

market has been as follows
EXPORTS raOH NEW TORK..

week.

1, '.911.

as

rnCMT

GROCERIES.
The

1878.

time Jan.
l.fi

Mm.tHT It.on.llW
»,oaa,IM ll.«M.«l
S.m8.«l7 II.IIM,«I
t.ii«.ni it.un.aM
4.SI4.414 t,.aa,9H

.

White Ohio and State.
Barley— State
""
Canada Went
Peas— Canada

,

Same

1.

.

I«.104.II4
4.»W.II4.| |l.lflM,4W

Chicago mixed

NKW YORK.
,

Illlnola,

Ht.ni

4.n7.m«

t Jal7 let.

7.

Oats— Black

3

• Efttimated

7a
«a

oi,u®

white
Canada...

I.II7.KM
t.l7S,««

SM.MT

'.1

h«ia

Western

« 50

I

5*a

YelJow Wewteru

S5
6 85

B 7S(aiO BO
7 SV® R 00
4 i-iffi 5 0(1
S 2.Vf» 8 40

5S,.a8 l,82a.K.')8
^
87
106,0117
lsa.015 .'i,0af).V4!)
905.187 17 -VH.m)
a.3fi.nfll)
8.100

**

Corn,
Rye,

BO®

7

Since

week.

Wheat, bus.

r,i,

.11

I

«M.*U

aM,m

..
.

Tola)
Total la ruiro and In tnuull July «, '71.
Jannt9.->1.
JnDett,'>*.
JanelA,-7t.
June R. -n.
Joir U, -Tl.

M& M
W&

Rye— .State and

187a.

For the
Flour, bbls.
D. meal, " ..

I

in breadatuffs at this

BECKIFTB AT
.

Wlieat-No.itpriiiK.buib.f] 48®
No. 1 ttprliif;
I
Red \ve»tcru
I

Amber do

6

7 i5iB 8 60

Clly shlpplnj; extras. ..
City
trade and family
brands.Southern bakers* and fa-

mily brands
Southern shipp'g extras..
Kyo aour
Corn meal- Western, Ac.
Covu meul— Br'wine, &c.

S.'i

15

double extras

Olid

I.ake ihlpmnite

(lllAIN.

5

M.Mi

mt,tm

„

Floiik,

1t.tl*

IWJM

tn •tor« at >>;ill*<<e1pbl**
In store at Baltimore*
lull iihlpravnls fur weak

are closing quotations:

SupcrBucStatcaud West
eru
.» bbl 15 lOa

Western Spring

:

Corresn'g week 1870*.
54.5)8
701.6 «i
787 890
Corresn'^ week 1869*.
':8..'>8i
965.659
18!, 471
230.oar
T tnl Jan. 1 to date.. 2,041. !28 6.880,325 32,«0I.074 8,911,.564
Same time 1871
2.0.-)a,621 I4.fi,-.0,1I1 a5,92i,!31 4..587.093
Same time 1,'.76*
9,2,iO,40.') 3.260,482
1.960.5.57 15.080.6IU
Same lime 1869*
,2,607,858 14,810.453 11,807,874 4,419,554

11,060

475

6.707
7,109

971,4,87
.168,844

631,20(1
a!k),07l

.)93,.3B7

280,664
558,331

191,^12

The week opened with comparatively

little

Inqniry for Invoice lots of

Bn-

and with a pretty heavy stock on their hands holders showed aooie alaaa
"
of weakening. On Tuesday, an oflTer for part of the cargo of the '* Ptolewy
was met by a concession of \c. on the part of holders Tho heavy dellvmes
into second hands, made at the beginning of July, havt> bo<*n well distribaled
and jobbersarc doing some looking around witlioni accnmplUhIng mn* b In
the way of purchases. There has been more disposition to lake hold at the
decline noted, though buyers are disposed to press forafarthi^r redaction,
and tho tone la no.nlnal at tho closo. The sales of the week are l.7*» baca, es
" PiOlemy," within the range of qnotatlons. Ja%-a'B are «|alel, with so Mice.
but arc held with steadiness. West India descriptions have not moved loaay
extent, and arc oft' a shade. Sales of 4,480 bags Ija(aayra, ex. " Agatke," oa
zils,

private terms.

*St, Louis not included.

FLOUR AND GRAIN AT SEABOARD PORTS FOR THK
WEEK ENDING JULY 13, AND FROM JAN. 1 TO JULY 13.

aSCBlIPTS OF

Flour,

At
Ne<p York
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans
Total

bbls.
49,734
18.983
6.700
15.100
7.986
19,730
14,035

.
.

.

.
.

.

Week ending .July 6
Wi ek endlui; June 89
Week endin;; June 22,
Wee't eudicg June 15
Week ending June 8

.

.

.

,

.

Wheat,

Corn,
bush.

Oats,
bush.

256,192
8,800

701.773

268. .364

14,245

70,150
7.920

129.6R3
20.100
87,500

4.VJ,447

9,0 ^il

bush.

1.51

418,875

113 421
157,115

1:J8,87S

328.1125

l>-9,908

437,.3S-!

3;4.8flO

l.'j.5,000

30,2.50
I40..1St

1.744.694
2,865 054
2,446,600
2,6 16, .336
3.679.1.16
2,.518,200

3,-16.307

121.066

bnah.

218,400
89,674

13-2,2.W

183,473
200,292

113,

Barley,

661,1.57

599,794
691.791
866.562
.327.748
70.J.185

Total Jan. 1 to date,,. 4 0:JS,946 5 372,710 9,037.394 11,122,651
Do. same time 1871.. 4,074,89T 1 i,852,672 20,435,778 6,300,733
:

11,580

Rvc,

bush
8,400
S,200

9

bush.

In storcat.Mbany
In store at Buffalo
In store at Chicago
In store at Milwaukee
In store at Toledo, July 6
Instoreat Detroit
In store at Oswego"

Instoreat St. Louis
In store at Boston

In Bto/e at Toronto

311,288
,3,000
3.-,0,;306

1,058,371

642.000
188,481
95,497
180,000
77,106
726
31,718

Corn.
bnsh.
8 8,065
3,000
443,?36
3,904,649
+2.54,307

774,r20
21.118
800.000
4f 9 497
178,768
3,461

York.

In Bags.

11.589
10.975
7.969
18,727
7.740
3.976
•:88,159

533,480

14,100
4,400
:i6.719

19.183
86,350
107,182

371,016
145,148

Oats.
bush.

Barley
hush.

1,156,467

19,730
41,500

.57,600
729,4;)0
1,5:14,137

+401,771
;164 269
48,660
20.000

.3,118

111,573
+.37,156

1«.2«:
8,496

147.5:16

'2,800

367,621
22,498

36,488
16,»3S

In

mil

jn.sia

^Nsw
stock

4

71.31]

7.000

laoju

laajua

via

l>.W5

Y'ork-,

tajM

1I3.IM

*jr,l

Maracaibo
Laguayra
Bt.l)omlngo
Other

II 7S<

•.M4
a.ot4

ToUI
Same time,
*

liJje
Iffn

19,097

18,

«.ll«
:>.si:

;sijat

M>8
ii.:«s

and the inpons al beMTcral

Boston. Phlladel. Bait. V. one's.

nporl. Import.

Java and Singapore
Ceylon

5,Ud
l.«l
1J.I»

roisi

wo

•sjw

Of other sorts the stock at New York, Jo r
ports since January 1,187^ wereai follows:
In baKS.

,

Ns » Mobile. eaiPhila- Baltl«e. vaetoa.
delphia. more. Orleans.

9;.!>a!

JIS.M.1

liiports

1872
Wheat,

,

New

2,500

Visible Supply of Grain, including stocks in store at
the principal points of accumulation at lake and seaboard ports,
in transit on tlie lakes, by rail and on Now York canals, July 13,

New York

'

Stock
8amedateIB7l.„..,

The

In store at

Imports al this port this week have Inrlnded 8,600 base Rio. per " Idalle;"
9H« do. Java, per •Haveloca ;" 3,»0» do.
Santos, per " Albona:
Maracaibo, per " Lonisa D.." il,8»« do. do., per "Anna Maria:" a,1tt do.
"
Kmily :" 1,100 do. SI. Domingo, per " Oliver CaUs," MO
Laguayra, per
do. do.. per"R, Murray, Jr," and 5,.U1 do. suiHlrles,
The stock of Rio J nly 18, and the Importa since Jan 1 187t, are as foltowt
3.500 do.

lni|H>rt.

Import. Imrorl.

is

;i.o«s
4I.1S4

7«.4n

MB4

"lei

i.-n

asiMt
»i,nt

».i«

aw
IMO)

:.nt

911,735

Includes mats, Ac., reduced to haae.

t

Alao.

un*

?«

w:xi

»«W mala.

MVOAR.
There has been some slight variation In the tone of the awrket for nws
aince our last report. At the opening the accumulated slocks bad adrpresa"
Ing eflict, and holders were disposed to make easier trrma where noresary to
Holders of stocks on wharf were free sellers, and made liberal
effect sales.
offerings of goiHl rellning grades. Buyers manifested some Incllnatloa to
operate, and transactions have been fair mainly in fair to good gradea.
QuoUtions are about an eighth easier on the extreme range, with a stnocer
tone prevailing at the close and aalee at the ontside limit. We qaote oa
bsais of 8Ji®8Xc for fair to good reflnlog. Some dealefs oansldtr 9*iic a.

.

a

:

THE CHRONICLE.

90

extreme quotation, but our figures are justified by the transactions. In
refined the biisiness has been fair, with a steady tone prevailing and hards in
short supply. Quotations remain the same as last weelc, and are well sus-

Canton Oinger. case
Almonds, Languedoc
do
Tarragona

tained by the relatlTe positions of supply and demand. The sales include 80
hhds Porto Rico at 9c 400 boxes Muscovado at 9c; 750 boxes clayed, 8Ji®9Jic;
40 hhds centrifugal at 9 S-16®10Jic, 1,414 boxes at 10c; 200 hhds Cuba fair to
;

Ivica

do

Sicily, soft shell..
Shelled, Sicily...
paper shell

Sardines
•ardlnes
Brazil Kuts,

good at 8H(S:8^c, and 630 hhds Cienfoegos on private terms. The stock of
raws compares as follows Stock this day, 105,600 hhds, 84,838 boxes, 71,900
bags and 5,514 Melado same date, 1871, 84,184 hhds, 87,072 boxes, 255,814
bags, 10,654 Melado same date, 1870, 100,209 hhds, 120,711 boxes, 375,233 bags,
3,262 Melado; same date, 1869, 130,662 hhds, 148,561 boxes, 121,381 bugs, %,143

V
*

new

hi.

or,

®9S0
.
18H®
17X0
® 16
13«@ ....
;6S@ 80

9 00

do
do
do

B72.

[July 20,

28
33
22)i
10

26>i(a
31

box.
box.

@
»

21

9H®

o 6
o 6X
» U
19 « 21
7*5® 10
... @ ....

Peaches, pared

14

nnpared.qrs&blve

do

4

Blackberries

10

Cherries, pitted

PecanNuts

V

t>,

¥ busb.
Chestnuts
do
Peanuts, Va,g'dtofncy old
Hickory Nuts

do new

do

do WiI.,K'dtobestao

— —

IM
<o @2
e>2 20
25

1

e2!

:

;

;

Helado.
Imports at New Tork, and stock in
Cuba.
•'
••

since Jan.

sametlme,

Block IQ

first

'71 303,811

hands.

•hhrta.
994
21,300

7,801
218,035.
174,311

1. 211,821

1870

The market remains

6|i>

2,347

35,172
41,928

23,011

82,919
46,700

84154
lOOi-iOa

for the

431,502
351,367

26,4!12

40,819

71.900
255,314
376.233

106.360

85.238
87.0;2
120,711

Ssmetlmeisn
"

•hhds.

S.453

. .

Friday, P. M.. July

were as follows:

18,

Other Brazll.Manila.&C.Melado
•hhds bags.
tbags.
hhds.

Cuba. P. Blco.

bxs.

Imports this week

hands, July

first

THE DRY GOODS TRADE.

5.514
10,654
2,262

19, 187J.

The buyers of unbroken packages who are usually first in the
market, and whose appearance marks the beginning of each season, are beginning to stir themselves and are making moderate
purchases of the more staple descriptions of goods. Tlie movement is still far below that of the same period in 1871, or in fact

inOLiASSES.

of most former years, and there

most part without notable change since our

the tone that

last report. Kefining grades remain dull, with only an occasional operation
of any magnitude, the requirements of refiners being mainly supplied by the
heavy stocks laid in earlier and by subsequent direct importations. Distil
ling grades are neglected, and quotations rule nominal. Domestic is selling

it is difficult

deem the coming

is

an utter lack

to account for.

Some

of

buoyancy in
merchants

of our

Presidential canvass sufficient cause for

the

backwardness of trade, and anticipate a poor business throughou
the season from the same causes. Why a Presidential election
should BO interfere with the business of the country it is difficult
to some extent, althougli transactions are chiefly in conii)aratively pmall lots.
Sales of 1,118 hhde. Cuba for refining at 31,V@34c.; 200 hhds. Porto Eico at to understand.
Every other influence this year is favorable for a
33u., and ]25 bbls. Hew Orleans at 78@85c. Sugar-house quoted at the close
good trade crops promise well, and the country is generally
at 16@17c for hhds. and 20@21c. for bbls. Molasses syrup selling at 2o®3.5c.
prosperous ; hence we think anticipations of a good season not
Good and fine grades are firm, with a fair jobbing demand, at 56@66c. for
unwarranted. In view of the unsettled state of values for some
choice, 42@18c. for prime, and 34@.38c. for good.
The receipts at New York, and stock in first hands. July 18, were aa foUowa time past, with the tone favoring buyers, it is not unnatural that
Demerara,
P. Rico,
Other
Cuba,
N.O. the heavy purchasers, who are usually in before this season of
•hhds.
•hhds.
•hhds.
'hhds
bbls.
the year, should hold oif until the latest possible moment, and
Imports this '.reek
2.120
154
1,704
"
1,190
15,233
9.259
since Jan.!
65.216
25,794
that all buyers should confine themselves more to a hand and
2,073
19,716
8,06!
same time 1871
73,333
35.326
mouth trade than to a speculative business. The market is be
4.739
3,227
stock In first hands
4,682
"
"
1,178
6',366
2.553
same time '71 3,593
coming more settled, and we think it safe to look forward to a
"
"
;

same time '70

3.99!

4,585

17,452

better state of

Imports ot Sasar & molasses at leadlne ports since Jan.
The imports of sugar (includinf; Melado). and of Molasses at
rom January 1, 1872, to date, have been as follows
.

—

Boxes.

.

Now York

Philadelphia...

Baltimore

New Orleans...
Total

the leading ports

sugar.

^-^-Bags

•Hhds.^^-^

.

18.171
19,139
10.122
87,522

1872.
300,959
58,708
29.522
82,590
5,1'62

1871.
278.266
62,526
51.719
8!, 581
7,310

358,395

299,570

476,811

481,402

....241,821

Boston

—

,

1871.
202.811
25,278
21,542
28,838
21,101

1872.

tI872.

1871.

514,421
655.830

398,167
69,601
78,489
21,435

,

,

.

570,687

1,209,967

—Moiasses. —

,

•Hbds.—

1872.
90,898
43,091
76,802
19,107
5,430

1871.
101.207
38,631
72,578
13,197

376

581,828

CURRENT.

Tea.
Hyson,

Common to fair

Hyson Sk. & Tw. C. to fair.
do
do
Sup. to fine.

48

do
do

Superior to fine....
78 ® 93
Ex. fine*to finest. ..
Yoang Hyson, Com. to fair. 40 @ 43
Super, to fine. .53 @ 73
do
Ex. line to finest 83 ®1 13
do

Gunpowder Com

53
7300
53
70
90

to fair...
Sup. to fine..
do
do Ex. fine to flnest.l
Imperial, Com. to fair....
Sun. to fine
do
Ex ra fine to finest
do

®
®
_
®

68

®1

05

H.Sk.&Tw'kyKx.l.tofln'st
TJncol. Japan, Com. to lair,.

do
do

Snp'r to

Ex.

do
do

88

31

Bouc.

&

f.

fine...

to finest.

Common to lair.,..
Superior to fine
Ex fine to finest....

Oolong,

68

Cong., Com. to

fair,
Sup'rto fine.
Ex. f.to) finest.

do
do

^ ®
tA
® 50
® 70
®I 20
® 43
® 65
®1 10
® S)
® sr

30

@1

tlo fair

C» ordinary
Java, mats and bags
Java mats, brown

gold.
gold.
gold.
gold.
golo.
gold.

18>i®l8X
17X®'>8

I

I

®17K

17

15X®16
19 ®21
20 @23

Native Ceylon

Domingo

St
I

gold.
gold.
goid.
gold.
gold.

Maraoalbo
Laguayra
Jamaica.

.

.

14x@I4K
@17)4

I

7K® 8K Havana, Box, white

.

85i® 8X

do fair to good grocery....
do pr. to Choice grocery...
do centrltugal,hhds.&bxs.
do Melado
do moiasses
HaT'a,Boi,D. S.Nos.7to9...
do 10tol2..
do
do
do 13 to 15..
do
do
do 16 to 18..
do
do
do 19 to 20..
do
do

@

9
9>^

e
9M®WM

9

9H@10
iii®

Porto Rico, reflninggrades...
do
grocery grades
Brazil, bags
Manila, bags

White Sugars,A
do
do B
do
do extra C
Yellow sugars
Crushed
Powdered

6%

^H@ Ss
8ii® 8K
9H9 i>i
9Ji®10J«
11 ®11V
12M®12K

l!X®12i<

®

8

9>^

9ii@inv
7!S'® 9K
7^® SH
IIXQIIX

a @UK

llX@ltK

»

Porto Elco

Cuba Muscovado

gall. 71
SB
31

I

3M®

3>£

I

Mace

do

36
26

88
90

.

26ii
27i<

@
@

2a>«
90
93

lOX®
®X

1 15.

Nutmegs, casks
cases Penang
do

@
®

25
55

io

do

Loose Muscatels. ...3

00

do
do

Currants, new
Citron, Leghorn (new)
Prunes, French
Prunes, Turkish, old

»

B.

do

a2

'6>^@
12

7>4®
11

new

7

V ».

®

®
®
®
U a
8

60
17

|

—
e)»
....

18

We hear of no transactions

season.

Foreign Goods.

—The

Legitimate transacin later in the

on orders, and come

demand

in blankets as yet.

for fall assortments is very

8X® OX

the imports are not likely to come fully up to those of last season,
annex a few particulars of leading articles of domestic

i

Carolina

In

bond

...

stems

do
do

12
17

®
@

12K®

7M®

19M®
15

®

8>^@

13
IS
13

7X
20

iox

.&

Filberts, Sicily

H*'""

Barcelona
do
Walnuts' Bordeaux
Macaroni, Italian

15

DOMESTIC

®

9H®
"

DTIIIET)

*

Apples, State
sliced
do

do
do
do
do

light

We

manufacture, our prices quoted being those of leading Jobbers

4lrlcan Peanuts.,

75;

42
15

to the absence of speculation.

tions are generally largely

®33
®20
®45

do

i

@" "
®3 15

4I>^^

,

Dates
do Smyrna.

®

owing

light,

30

Fruits and Nuts.
nw V frall.G
Layer, 1871. * box. 2
Sultana, V lb
Valencia, ^ ft

prices,

30
18

Clovi?

Kalsins.SeeaiesB,

Faced goods are selling in small lots at fair
and are relatively steadier than fancies. Satinets were
handled to some extent in low grades with Southern buyers, and
reported at full rates. No alterations in prices are quoted, and
the market is a little more active. In flannels the trade is very
cept nominally.

Cuba Clayed
Cuba centrifugal

Pepper, In bond
(gold)
do Snma ra & Singapore
Pimento, Jamaica... (gold)
do
in bond
do
Cloves
do

HX

no general changes have been made since
our last report, and the market as a whole is very steady.
Standard grades of brown goods are in moderate request, with
some speculative sales of unbroken packages. Bleached goods
are steady and show no important activity. Colored cottons
different grades, but

English Islands

Spices.
Cassia, Incases... gold » lb.
do
Cassia, In mats....
Glnger,BaceandAf igold)

doing in any

@i2Vj

Rice.
Bangoon, dressed, gold in bond

little

12

Granulated;

I

very

and importers are doing nothing. Imports are allowed to
remain in bond forjthe most part, awaiting the reduction of duty
After that date a liberal distribution is
to take place August 1.
looked for. The foreign markets are very strong, and with the
feeling that has gained prevalence here that the coming Presidential election willcurtail the consumptive wants of the country,

@10}<

lo

I2«®12^
12XOI2X

molasses.

New Orleans new

is

grades are not moving to any extent, and cannot be quoted ex-

15

Snsar.
Cuba, ml, to com. refining.
do fair to good refining....
do prime

—There

Prices have been revised to equalize the

to $1 37i, but for medium and fine goods we do not hear of any
Fine
sales excepting to supply local clothiers' requirements.

16K®18><
18 @19
16

class of cotton fabrics.

—

@18W

17

Ist prox.

Domestic Woolen Goods. Some fair transactions are re'
ported for the day in low grades of cassimeres, ranging from 75c.

Cotliee

BIngPrlme
Bio good

by the

Domestic Cotton Goods.

remain as formerly, with very little business doing, though full
prices are quoted. Canton flannels have begun to move, and
some sales are reported on private terms. Prints are held by
agents with a view to establishing 13c. as the opening price, but
occasional sales of dark work are still reported at ll^c. Light
work is not wanted, and quotations are chiefly nominal.

rnciiidln r tiorcfls and barrels reduced to hhds.
t Includes jaskets, &c., reduced.

•

W^HOIiESAIiE PRICBS

affiiirs

I,

Western
alloed.

new

16

FRUITS.
lb.

10

12

Southern, good
prime

lOK

i
...

5
10
12

a

10 ,«

@ 13
® 9K
® 7
a n
O IS

Brown

Slieetlngs Continental U
DwightX...
Shirtings.

36
do
B.. 36
Atlantic A... 36
do D.... 36

15

36
27
do
y.... 32
do
Z.... 36
Indian Head. 4-4

14>i

do
.48
Ind'n Orchard

do H...
Appleton A..
do
N..
Augusta
Bedford R...

3(i

14

Boott

34
40
48

and

Width. Price.

Agawam

¥... 36 lIX-12

Amoskcag A

do
do

.

.

8

W

12X

ux

3«
12
30
36
14X
30 ,0-lOX

Oommonw'lth
ST

A
do
do
do

40
C. 37
BB. 33

W.

LaconiaC...

do
B...
do
2...
Lawrence
A..
13X
do
D..
16X
XX
d.
HO
hlj.
BX
12

.30

14-14>f
11-llJ^

14-12X
13-13X
14>^

20

Lawrence J..
do
T..
Nashua fine O
do E, ...
do K....
do
W..

13X
12>i

U^

3913Jil4

3712X13
36
12X
36
12>i
36
14
36 16-15«
SS 18-18X

.33

36
40
48
7-4
Peppercll.
do .... 8-4
do
... 9-4
.

UX-IS

40
36

do
do
do
Utica

do
do
do flnp

. .

....10-4
....11-4

....13^
36
48
58

Hon *0H

:

16«
18 }<

13«
14

«

1«
Sil

27X
30
32 J<

37«
42H
47«

wa

Jim
35
1«

. .:

.

—A

...

..

Bro^vn

Delaine* and
Fabric*.

Drill*.

Womted

Width. Price.

Amoskoag

16>f
lB>j

Bamtltou
do
blae

ISX

LiconU

Lonsdalu
8. S. &8ons...

\\u

S3X

Warren
High colors

11^

n

36
36

Sail duck,
cK, 331n
33in

IBX

)i Batlnes

4B

18>i

do
4i
do
A 36
AndroBCOg-

.RlnL

86 16X-I7

Bartletts

do
do

. .

.

36

...

3.3

...

31

Bates

16K
13X
13
19
19
16
14

45

do XX.
do BB... 36
do B.... 33
86
36
33
30
_.

Boott B.

do C.
do O...

Loom
Qr't Palls

do
do
do

Q
S
A

.

do
do
do
do
do
do
do

0..

D..

AAA..
ACB..
No.
No.
No.
No.
No.
No.

2.
8.
4.
5.
6.
7.

PowhattanA..
do
B..

Bates
Caledonia

Haymaker
57X Hamilton
37
WhlttentonA.
do
do

35

do
do
do
do
do

ll-ll>tf

'

10-lOX'
S}i
12

lOX

Gloucester
ll)f
do mourning..... 11

do
do
do
do

9..

Pacific

UX

Amoskeag

11>J

Arlington

Harmnny

9

Manville

9
9

Pequot

Red Cross
Victory

H

70

(llnseng.

Carpet*.

Hartford Carpet Co
Extra 3-nly
1
Imperial .1-ply.. 1
Superfine
1
Med. super
1
Body BrusSfra. 2

do
do

33

Amoskeag

Hemp,

do
do

4

3

plal n,

.33

do explain, 38

i

67X
60
.35

30
10
3 CO
1 90

n

32X
33

In

14X

inPOBTATIONS OF DBT GOODS AT THE POBT OP
NBAV YORK.
The importation*

of dry goods at this port for the

week ending

Hannfactores of wool

do
do
do

.

.

.

cotton

Pkgs.

Value.

611

$375,3!1
201,670

855
325
863
448

Bilk
flax

Misccllaneons dry goods
Total

Pkgs.

$455,797
310,940

33.3,333

273

143,67:
140,573

1,000

239.800
203,587
87,612

3,102 $1,093,168

3.820 $1,297,736

1872

.

.

Value.

1,162
1,077

808

Pkgs.
108
378
423
468
215
1,5S6

do
do

.

silk
flax

Miscellaneous dry goods.
Total

$107,776
40,787

466
264

41
199
17

42.494
53,276
9,959

121
341

653

$35.3,2.33
l,09:j,4«8

1,292
3,820

Add ent'd for consnmpfn. 3.103
Totalthrownuponm'rk't

3,754 $1,310,700

$189,866

Value.

126,181
110,879
68.093
23,889

$.506,278
1,297,736

$415,105
778,347

5,112 $1,804,014

8,751 $1,193,.358

100

do
do
do

589

$207,960
85,170

cotton..

.300

silk
flax

87
370

10.5,009

41

25,608

Miiaellaneons dry goods.

78,.'543

1,.3S7

$502,390

Add ent'd for consompt'n. 3,103

1.093.468

Total

Total •sttred at tht port

i^B

|1,BW,768

630
370
101

363
82

$282,467

1,8^

$950,608

118,.361

l.a^3

861,'!8-|

133,082
97.946
17,437

33S
678
885

4e.i,6l7

1,516
$648,898
3,830 1,397,736
6,964

$i!mi,ON

4,074 $1,837,393
1,586
778,847

M<0

$a,606,5»

18

30V

_

84
12
9
80

...

38

A
9
9

10

9
a

a

l.'O

"
void

,.,,..
a aid
|i

foreign. .........

«

•

18

8PICK8-8ee

froc'a report.

g« » "

Brandy .foreign hrandt.goldj
Rum-iam..4tb proof.
SUCrolx.Sd proof...
3
Oln, different brands.

JgJJg
|31S
!•»•

.•;

">*•

Wblakey

*KnglUh.caat.Jd*latqo»» 1«H» Its
kS? ish aprlig,8d * lat q« • * I*
KnglHh Mister, id* latqn HHf 13
American biutcr.....
I*
IS
American r»»t. Tool.
II
Amerleanaprlng....

MS

Amertean Oennan

II

merlean machinery
Cotton.
1 00
8 so
1

Jo

8UOAB-8« apeclal report.
TALLOW- American* »
.

dOtt'JiO no

Stralu
Knullah...

Wests 00
liy* 18
li«* I0.><
i%% ts

*K« *K

.

TEAS—S« special raport.
TIN— Banca * ..r>M

300180 00

I.

Plates.
Plates. chai

.

USB

Terntt

TOBAcro-

« e

iii.

•I1«

_

^

Kentucky lu«;. heavy
leaf.

87

**

»

*
* }•
U
* •!!
Havana l»lr";i»? Jik'^rti
«»
wr«.
•
s
Mannfac'd. In hood, dark
bright work. » • »
Seed

li

leaf,

("Vn.. .ll^Pt*"'

aeeoii<la... IJ

•lien.

**

"
"

,j

'*

•
"

American. Combing
Kltra.pmied
No 1. rnped .........••"•—

"
"

Cnllfon:l«

Upper Lertther Stock—
grA.AUIoGr.klpfragld
'•
MInas

cur.
Sierra Leone
gait India StockCalcut. city sit. »» gold
"
Calcutu, dead green "
Calcutta, buffalo.* a "

Manlla*nat.boir.»a

5

rine»e«»»

cur.

Buenos Ayre8..Vagold. 14 *
"
Rto Grande
I8H«
'•

California Spring
Flne. unwashed

13

88
31

84
18
15

«
«

Ucdlnni
,.,0

"'*

'

m
%

---:

Common, ""'""'"••^iiVd
en***^'"
Am. Me'lno.unwashed.

Cape 0«XM) Hope,

Smyrna, unwai bed
JSINC— Sheet

10

i

CUp-

8..nt»

Texa», lino
Texas, med'am....

14

<

I

FRKI0HT"VToLlVBSPOOL:!.
Cotton.....* » ..

Flour ....* bbl
HOP8— Cropof 1871 .. * a
39«ll a B. goods.* ton
Crop of lolO.
00 011:
_
lRON-Plg,:Am., No. v Ion S3 am
SI) oo« SI no
* bo.
Com
Pig, American. N0.3,
48 009 MOD
Wheat. .K*b.
Pig, American Forge
«eoo« taoo B«M
*!«
FtcSeoien No. 1
•bbL
• .... Pork
Bw, refined Kng. * Am«r.
,

1

Flaxseed, Amer'P,r'»h. t
Linseed. i;al.,»B«*fld.
8ILK-T.atlee.Noa.l.8* »a.«

»»•

1

gold. 110

a "

iw
j»

S^

-J'<J «

,

_,^- _,,, ,• »;H»i
»:w*7 Ilk
"»
Plaiea,for'n.»100a«old
• "
Plates domeallc

85
5 75
9 SO^ID 00

IS

V

8PKLTBB-.

9

drc»«cd.» ton. 190

Matattioras

'

^"S
..^m

13.

«
«

Bahla

I

^
.-.•

/.li

I

'•

Mackerel, No. 1, shore new
Mackerel, No. 1, llalilax
9
Mackerel, No. I, Bay. new a IIU« ..
Mackerel, No. 8, shore new 3 00% S SO
Mackerel, No. 8, Bay
t( 7 00
Klver....«l

__
pore(caah)»»
^,

£!

S>>0

?S JIE
SiB
2
» 9iS
3» •*"
~ •Jg
Taysaam.Noa. * «..•-=•' ">••"'
Canton,rc-rld,Nos.» *8....^ • j-j^
Hemp,

Wet Sal ted—

194.379
57,339

*%

f

«>

,140

Nitrate »oda(caah).goM
SKKK-CTover
iv • ?
••"»"•
Timothy

Dry Salt.— Maraealbo.gold
"
Fernambuco

ENTERED FOB WAREHOCSINO DUBINO SAME PEBIOD.
Manufactures of wool

Refined.

Crude

» cwl 9

California

$£6,123

•» g
Z^ Su
1?*

'••

_.

8ALTPKTB*-

a

Maracalbo
Bahla
Texas
Western

_

-.,

•" "
S
• "
•>!

grocerlea report.

Llv'p'l.var.ouasorU.,

gold
piT oz

Montevideo
Rio Grande
Orinoco

$778,347

«»

JJ

Cadix

40
at
Uulnlne
^ 30
«< k
Rhubarb, China
SO
1 IW
Sal soda, Newcastle, gid 8 I-ir# 3 S-16
ShellLac
38 «•
47
Sodaash
gold.
8
3),
Sugar lead, while
\i^
Vitriol, bine
IIKA 18

BIDKS.
Dry— Buenos Ayr.

117,612
114,614

„
»
»W
I»
•^-l.-^S
»» «
..

Turka Islands ..V bosh.

Amnr

Jute

1

.

Lard

3<i
Nutg'ls.blne Ale|)po,gld
or. vitriol (6U to 06 degs)
ii
IK%
Oplum.Turk.in liond,gld 5 37)ja 5 50

Sisal

1.35,365
.372,448

..

.

RICB-See

American undressed

$38,408

84,900
137,508
80,315
34,389

19M

Madder. Dutch
gold
Madder, Fr.E.X.F.K"

Russia, clean
Manila, current..*

. .

Bpenn.cnide
...
Sperm, bleached
Lard oil, prim* wUUr..

Beefbama
Bams, pickled

HAT-No.R.shlp'g.new»100» 9SS

.

yellows..

••

Beef.ixtrameas

1}^
.1

..gold

Licorice paste, Sicily

FLAX— North

"

Whale, bleached wUier..
Whale, erad* Mortbera

Beal.plalnmsM

81

(in

FlSU-Drycod

C"Uoa Seed crude H_.

Pork, prime mess

Western

Prussiato potash,
Quicksilver

»

TTH*!

I

Llas««d, cniahrra prKM
V gallon. In caalu„

Pork.extrapnnw

38

61nseng, Southern
Jalap
gold
Lac dye, goodd; One **
Ucorlce paste, Calabrls

HEMP- Am.

BAMB rERIOD.
349
146

lb.

"
«•<§ 2
• !5f2

..

f ft

roll

crude

—V

I

PhOVlSlOHB-

t!

Shlpplng W 89 B keg
Mln. & Blasting

WITHDRAWN FROM WARKHOUSB AND TRROWN INTO THE KARKET DURINS THB
ICsnnf actores of wool
cotton
do

«B

OUNPOWDI»-

18, 1873, and the corresponding weeks of 1871 and 1870
have been as follows
IHTmiD FOR CONSUMPTION FOB THK WEEK ENDINe IVht 18, 1872.
1871

.

.

,
Crude, ord'y gravity. In

FRUITS— see groceries.
0UNNIE8.—Seereportund-ir

July

.

Am

pal* ..
txtr*

no.

bbl... •

•

bnlk, pemalloB
Crude In bbia
Kedned, standard wblu
Naptf a, re«o., la-W gr»»-

(over

DYES-Alnm..

Sc

"
"

1

PKTROUenkl-

„12 02j
..
Braziers' (over 16oz.)
American Ingot
S3
COTTON— See special report.

Gambler

&

AXA

COPPKR-Bolts
Sheathing, new

Brimstone,

Velvet, J. Crossley
Son's
best
3 60
do do A No 1 .. 2 45
Tap Brussels.
Crossley& Son's.. 145
Eng. Bnissels. 2 20-3 80

100

U80 do

Argols, crude
gold
Argots. reQned
Kold
irsenlc, powdered. g'ld

42>^
65-67)<
86

Sterling

do BB
30
doCC .......
17
Corset Jeans.

9
9

iels

«

OOFFBK.—See special repori

Camphor,

Samosset
Green & Dan-

t t3H

«i:3(»

Bicarb, soda, M 'castle"
BI chro. potash.S'tch "
Bleaching powder..

70
40

26;

Liverpool gat cannel
Liverpool house canuci

bona)
gold
Chlorate potash
gol'l
Caustic loda
gold
Cochineal, Hondur..Kulil
Sochlneal, Mexican. "
Crean; tartar. Fr..pr.Kd
Cubi'.bs, East India
Cutch
gold

23X
13
26
15

chi'Slnul...
gas, 4> Sjfio

go.

('llT'thln/>bl,lobbls.»t«jrt.<l

42SM S 90
90 V» J IIS
3 'nnm t oo
3 ia)i<ji » 9tA

.

._
• n

Weal.lhln obl'g. (dom.)
01L8-Ollre. In cam * call

!l

.

'•

OAKUM
Oil. C4KI-

3

.

vug
slovc

47X

HolyoRe

96

Newcastle

Krate

9

KoslD. straiaad,

a a

3

Htt'nmboal.

Willimantic, 8
cord
6 cord.

Bplrlu lurpeatlM. V

9

lump

Brlmstone,cru.l<ton.ffld

do

Plt<-li.rllr

S4(i

COAL-

tuns
Ions
tons
17,0(10 tons
ai>,0(X) tons
ie,OOU tons

.

rouk

Tar. Wsaktnfte*
ar. WIliulnKtoa

34

70
70

Hadlejr..

17
19
31

. .

Otis

Co

"

UOLAMiC»-lM B»«cl*l
NAVAL RTOIOW-

IlHi

Auctlou aale'of Bcranton, June

..

Caliromi*.
Orinoco,**...

Am-

Clark's, Geo.

Jb

erop

runcb slaackUr
Urml'k.B.A
,

do
rov.tOKOOd 14 10
Welsh tul)«. flue
24 tt
Western Hrkina
M «
Cheese— Kael'ry, dne... tOHtt
ilo com, to Kd.
7 •

DKUOS

70
70

...

.

&

Richmond's
Bedford
llX-12
14^
Simpson 2d Mourn. 113f Boston
13
do black & white, llx^ Beaver Cr, AA
21
Sprague's fancies., llx Chester D'k B lOX-H
Hamilton
Everett
llV-12
33X
Glazed Cambrics. Haymaker Bro
13X
Amoskeatr
Hamilton
3
Garner
Manchester
9
20
;

15

Brooks, per doz

37K

15..
No. 60..
70..
80.
90..
100..

Lodi
11
Manchester
ll>i^
Merrlmac D dk.llj^-12
Denim*.
do Wpkandpor. 18
Albany
Shirting

Park Mills...
Peabody
Quaker City.
Renfrew
Union

J.
P. Coat's
Clark, John, Jr.

22>i
24
a6}i
16
18

80..
13..
8..

li)(
14
13
14
14
IS

Namaske

18X

Caledonia, 70
,

12

Manchester

200 yds

18-19
17
14

Check*.

19

ilfi

.

Gloucester
Hartford
Lancaster

Spool Cotton

ll-U>f

BB..
C.

I

ISX
13X-13X

.

Oak, slaoatlMr

Btatc half nrklnn, fine

!U,OOU
lO.ou)
n.(«Xl

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

LKATHRB-

b'lls

BUTTKH AND CIIKKSK-

15
14

M kfoM
"
"

Bar
I1p«>odsh«««

ilui
I'arliwh..KnK«' KXJIIx. J 33

ham*.

"•

ingllsa

Lead.WD., Amer.,<lrr.
Zlne, wh.,dry, No. 1.
Zinc, wh., No. I. In oil.

41 00

Downright.
Glasgow

Oersaa.

Clear plnn
Hnruee hounli A t'Unka
II"mlock bn'ril* A ptaiik

Copper
Palnls— Lead, while,

00
00
00
50
50
00
50
50

Amoskeag

I

In

nicr.

i..«v*>

Kalli.kuc.VtOB.. (itoMt
~
lUlli Aui..»t wurk* la
Itpulah. or4-r f

••

Phllxlelphia ironla. "
Omenl-lloai'ndijt *bhl
Lime— Itockru. com. v l>bl.
Kocklmut. luiiiu....

While pine

d.A

•!»«..

fttir..!,

LKAI>-

M

Iiaril ..«!

(irotons

tUil.«IOd.* kr
Clinch, 1 lu 3 lu. A over 7 IS
Vellow metal, sh. ft •!.. 90

do C 3 bush
56 00
Donie*tlc Olng-

I

19-30
19
14

Baston

19
19

A

Stark
I

19
17
16
14

53« Amoskeag
57X Arkwright

Park,

do

Lcwiston
Ontario A

Bricks— Coui.

erican, pnic. In all

86
36
87
87
87
40
37
43

Moop.j.

a

AHUKH-?ul.liturt viooa ; 73 mt
BRXADBTUrril-8«eip<el>l rsiwrt.
BCII.DINO MATKKIAU^

NalU— Cut.

26
38
87
86

do heavy (9oz.).
Mont.Ravens29in
do
40in.

35
33
30
18
34
38
25
23

.

Price.

Gamer & Co

.

B..

Cordis

Print*.
Amoskeag

Light dncL
luck
Bear duck (Soz.)

«Ml)

Lumber— SoullKirn |.ln«..
While pme box tioarnt.

.?0^0
42 48

I

Druid

Ludlow AA....

18X
87X1 Easton A
' ~"
do
B
ll)i-13)i
3!
33>i Lcwiston A.. 36
do
B...
80
21
37>tf
Hamilton
43>tf
Stripe*.
47X
Albany
11
7X
37>f Algodoa
American
36
13X-13)f

do Nonp 6-4
do
9-4
do
10-4
do
4-4
do heavy 36
do XX 10-4
Wamsntta.. 45
do .... 40X
do .... 36
do XX 86

10 to 5

I

31

80

...11-4
Poccaiset F 33
Utica
5-4

Bedford
Cocheco

A

do
do
do
do

23
31

do

,^'
Fi'twlni!

Great Falls A.

Amosli'g ACA.

14X
13«
n-18

.

American

Wdl)'ry,

Ticking*.

I6>f

33
33
Lonsdale... 36
do Cambric 36
N.Y. Mills 36
Panperell
6-4
do .... 7-4
do .... 8-4
do .... 9-4
do ....10-4

Ic hiicher.

Cotton Dnck.

and Urlp-

Lawn*, Percale*,

31

H

36

13

33X
Bag*.
15X
Pacific 14.00 L'«.... 16K American
do doOrK'dies... 18
AmoskcBg
g

n

36
86

33X

Ac,

15«
14X
12K

Fruit of the

IT

Paper Cambric*.

ed Satines
37«
6-4 Alpacas
87>i-3a>tf
6-4 Dbe face Poplins 40
Steel Lustres
86^

15

BIIertonW84-4

UH

Naumkcairaat,

30

.

14

I.Jiconia

Pacific Percales
4-JP. Cretonne

Blackstoue

AA

14X

Imp

ar.ai

CUUUENT.

PRICK.S

18J<

X Armurcs
fi Alpaca Lustres.
X Corded Alpacas.
\ OUtons
X Crapes
X Biarritz Cloth ...

13K
l^x
15X
Bl'ched .Sheeting*
and KIilrllnK*'
..

Peppcrcll
Stark A

Amoskeu^'.

Canoe RiTcr..
Hallowell Imp

.

91

GBNBBAI.
MX

lud. Orch.

15>i

Msaesch'ttiQ

21
do
Mixtares.. 31
Japanese Htrlpcii
31

Printed Alpacas. 21-S7X
Imperial Repps
37>^
Anilines
33
fi Poplin Lnstrcs.. 30

15X

LrmanH

Androscos'n lat
Bates
Berkley

I

Pacific PlaldB

.

19

..

...

THE CHRONICLE

July 20, 1872.]

Appleton

<

.

:

..
..

..

••
..

«i
4'«

....
.....

•»
.*

..

».d.

• >*
•SO
• •<•
• t\
{••
4*
•400

..

»
49

»
W CNH

—

eail..— -»
s.<. ». <.

.-•89

.All

THE CHRONICLE.

9i

[July 20, l."72.

Cotton and Southern Cards.

Financial.

&

A. D. Williams

Commercial Cards.

Everett & Co.,

Co.,

STOCK BROKBltS,
40

66 State

Street, Roston^
AGENTS FOR

New York.

Wall Street

Stock»aad Bonds
BOUGHT AND SOLD ON COMMISSION.
A. DESIS'N WILLIAMS.

Member

If

K

.

York

of the

Rtncic

C. U.

I

RAYMOND.

E. D.

Raymond &

Barney,

IDCnSTINE HEARD A

WILIAMS,

Menlher of the
N. Tork filock KxctaanKe.

I

RxchenK

BABNKY.

C.

J. P.

|

FOSTER

Co.

BANKERS AND BROKKES.
STOCKS, GOLD. HONDs"

McComb,

lieck.

&

B^.^IKKHS ANI> MElSCHANTS,
59

Bonds and LoMlis

Railroad Cos.,

lor

Messrs. DtTMMLER & CO.. Batavla and Padang.
CHAS. THOREL & CO., Yokohama.
CLARK'. SPENCE & CO.. Galle and Colombo.
& CO.. Singapore.
GILFILLAN,
"
SANDILANDS, BUTTERY & CO., Penang.

WOOD

Coffee Orders Received for Bio de Janeiro.

Acres Land In Texae, for sale by

80

Weeotidte

Wall Street,

EXANDKB MAIXLAND.

New

&

Co..

Olyphant & Co.,
COMMISSION MERCHANTS,

York.
L. F. S.

MACLEHOSE.

Slian^rlial, Fooebonr
Canton, Clilua.

HonK Konc,

Contract for

iron or Steel Ralls, tiOConiotlTes,
rars, etc.
unaertaKe

ftnd

14

Robt.L. Maitland& Co.,
No. 43

&

Interest AllOfved
T. B.

G. 6.

Cotton

Factors,

Tobacco and General Commission
Merchants,

Levy & Borg,
BROAD

LONDON AND

I^IVERPOOI..

IN

SOUTHERN SECURITIES Jacob W. Seaver

&

John Dwight

New York.

&

Co.,

MANUFACTURERS OF

SUPER CARR. SODA,

&c.

No. 11 Old Slip, Nc-w York.
The Jobbing Trade ONLY Supplied.

William Wall's Sons,
MANUFACTURERS OF

Co.,

COTTON

Cordage,
EliEPHANT RAG«ING, and

LOANS NKPOTLATED.

&

St.,

Advances made on Consignments to

St.,

Brokers and Dealers

Lock. WOOD

CO., of China,

104 Wall

SAIiERATUS,

KIMBALL

Y. Stock and Gold Exchange.

20

OI,YPHANT &

BROAD STREET, NEW YORK.

on Deposits.

BALDWIN,

Member N.

Sl

Reprbkented by

Kimball,
BANKERS AND STOCK BROKERS,
WAIili STREET, NEW YORK.

Baldwin

NEW YORK.

4660.

REPRESENTING

Swenson, Perkins

LIIIUBTY STREET

Box No.

P. O.

438,000

Company,

BEAVER STREET.

No. 8 7

State of Texas Ten Fer Cent Boude.
State of Texas Seven I*er Cent GoUI Bonds.

N. BA'iNET,U„„p|.i
A. U. BARNEY. rP""""'I>.

Higginson,

Stephen

BONDS.

Boujcbt and Sold on Commission.

M. K. Jesup

cbandize.

Liverpool, England, for baling Cotton, Moss,

SWENSON, PERKINS & CO.,
SO Wall St., Now i'ork.

AND ALL OTHER
*

Advances mads oh consignments of approved mer

etc.

SErURITIE-i
Interest paid on Deposits t-ubject to

TIES.

Agency in New York for sale of the Arrow,
Buckle and Anchor Tics, manufactured by J. J
Sole

Wool,

WAIiL STREET.

5

COTTON

CO...

or CHINA AND JAPAN.

HEMP

Co.,

BOSTON.

BANKKItS,

B4 BROADWAY.
Transact a Oeneral B.inklns bnsl.
».««s, Including; the purchase and sal«

Government and State Bonds Railroad Stocks and Bonds, and other

Walsh, Smith,
Crawford
58

Wall

&

«ecurlti»N, ••> annimlsslon.

Charles Otis.

Ross, Roberts

Co.,

Street,

Crawford, Walsh,
Smith & Co.,
COMMISSION MERCHANTS,

Mobile, Ala.

& Co,^

91 Front Street,

NEW YORK.

of

Dealers

In
GANGS OF RIGGING MADE TO ORDER.
Office, 113 WTall St., N. V.

Ccmmission Merchants,

(Near Wall.)

IMPORTERS AND COMMISSIOR MERCHANT* U«

BasstnK, Rope,

ana

Iron Ties.

Contracts for present and future deUy.
Agents for following Bagging Mills.
erles of Cloth

\—
But and

sell

.

No.

9

New

Street and 74 Broadway.

CITY RAII.ROAD, GAS

&;

Flash

INVESTMENT SECURITIES.

See quotations " Local Securities " in this paper.

53 Stone

St., &.

GRAVES

Graves,

17 South W^IUIam

NEW

Cammann &

St.

Y'ORK.

Transact a

h. K.

WH. BOSDBN.

^'

LOTBLL.

Borden & Lovell,
COMMISSION MERCHANTS

GorhamMf'g Company's

General Agents.

AND

Borden

Co.,

Nails,

New Tork,

General Banking Business, and

Mining

Co.'s

CUMBERLAND COALS,
AND
FAUI. RIVER IRON WORKS

Bankers and Brokers,
Wall Street,

Also—

BTee.
Importers of Bio Coffee.

Indianapolis.

Laws and Forms of Indiana sent free.
Corresponden
N. Y. National Exchange Bank
Financial

8

buffalo; cotton plant, palmetto
and diamond.

Miscellaneous.

PER CENT BONDS FURNISHED
By SMITH Sc HANNAMAN,
BROKERS

&

A.

COTTON AND PRODUCE BROKERS,

Money Loaned.
10

EDWIN

EDWARD FLASH.

70

givi-

CO.'S

Bands, Hoops and Rods,
aii'l 71 WEST ST.. New Y'ork.

nartlcmar ntteution to the PURCHASE AND SALE
OF GOVERNMENT, STATE AND riAlLKOADBBCU-

ritleS.

"^ Deoo wlts received STihlent tn check

at nlgbt.

'^.

Samuel A. Gaylord & Co,
BROKERS IN WESTERN SECURITIES,
NEW^ YORK.
33 Wall Street,

AND
323 North Third St.. ST. I.OTTIS.

Morton, Galt

&

Co.,

B&NKBRS,
ISO West Main Street, Loulavllie, Ky^ dealers In
ForetfifU and DomeBtlc Excbauee, Governraent Bonds
Mid all Local Securities. Give prompt attentloo to
ppUectloDS and orders for ] ^Testment ol fuads.

STEEL PENS,
Sterling Silver Ware.
o. 3 MAIDEN I.ANE, NEW YORK.

JOSEPH BAOHMAN.
J.

BACHMAN.

». J. BA01fJ(4N,

Manufacturers W^arehonse,
91

New York
GILLOTT
&
SONS.
JOSEPH

John

Street,

HENRY OWKN,

A^jrait

J

23

.Filly

:

.

Oce*n

Bailroads.
TlIK

Locomotives, Cars

St«aB)ibips.

CuNARD

James A. Cottingham,

Line.

AND NDIITII AMKKICA.l ROYAL
MAIL STKAMKIIII'S,
BKTWKKN SKW VOKK ANU I.IVKKO<IL.
CAI.LINU AT COKK IIAKBOII.
KKOM NKW YUKK,

«,OTIA

Wrilunulav, July
Wwtniwla) JulV
We«lui«l>r. July

JAVA

.

CHINA
S8IA

ANU

And every
New Yorti.

Rails

Steel

and to

tlili

slilpmeuts of the above.
Iron and Steel Ralls forwarded

In

from Port of New

United liltates. Contracts
made to Include all the expenses In port on same, and
Insurance to any point required.
to any part of the

Yorlc

17.

tl«

i

Broadway, Trinlly
(i.

REFERENCES.

llukldliig.

KKANlTtl.YN. Agent.

No. 4e
as follows

.M.
.M.

Aug. 7, at 3 P. M.
Aug. 14, at I P.M.

WILLIAMS & OUION.

No.

(1?

Wall-st.

JAS.

•Banker and Negotiator,
40 dc 42 EXCHANGE PLACE,

New

York,

HAILWAY
noWAKD MITCHBLL,

J.

14

Philadelphlii.
NortUStU Street,

Philip

IRON.
42

S.

CUlf Street.

Justice,

LONDON.
27

uu |L« M.
on Huuda) ihrs ik« 4«r >f *>
Ih* ou i1h* ut.f
Doe at KINI.hTON, JamaU-aiHi llk*«k.
lineal MAVAMLLA. 'HmH- ink.
HeturulugfroniKINosTU.V lu NKW roMoalWNIk
For rates of Freight and passsg# apacl al ail«sil«i*
being paid to Insurs ihr cotufun of psaa«air*r«- a^pl)
lo Ihe uaners.
.

F0KW00I>4>'0
w Wallsl.N.T.
New Y'ose. July I5Ui,

PI.M.

THE SIX LARGEST

IN

and Iron
mining Ropes, Cables, dec,

Cahr«d Iron Wire, Ship's Rlgslns,
GalT'd Corrujcated Slicet Iron,
Wfrouslit Iron Screw Piles,
Ship's Forglngs, Jec.

STEAMERS
or TUK

General Transatlantic Co

M

ViLLB
BT. KAtAiaUl
ViLLB DB BOBDBAlX.
UlCltlANB.

Pkrkiiik,

ViLLK nil Paris.
+r. Lacbint,
\ II.L1C UU Uavki.
KlROPK,
Wa8UI!«OTON,

FUfBlUB,

MABTlKldCB.

UKAPBKtCrS
DBaiBAbB,
UlTA.XB,

BkK^T.

ItB

SuMtiBA.

.CAB A IBM,
CACIql K.

REPUBLIC,
CELTIC.
OCEANIC,
ADRIATIC.
BALTIC,
ATLANTIC,
tons burden-.I.OCU h.

n.

each.

from New Y'ork on SATURDAYS, from
Liverpool on THURSDAY'S, and Cork harbor the da>

From HAV.IE

to

Compan).
NEW York, calling at

Twice a mouth.

rice ret-wi.

Proui ST.

NA/AIHE

Serrell,

CIVIL ENGINEER,
78 Hroadvray, Newr York.
RA1LP.0ADS, BRIDGES AND
"SEPPtiLL'S PATENT

EXPLORATIOSS,

WROUGHT

IRON VIADUCTS."

rrom SI. NAZAIRE

La Guayra and
Once a mouth.

—

^.^

»-

»

Co.,

'

Rosendale Cement
CEMENT OF THE BEST <117ALIT¥.
No. 102 W^all Street,

mediate ports, and pfre rersa.

From PANA.ua to VALPARAISO, calling

BENEDICT, Setsretary.

at Ikltr-

One* a moots.

Branch Lines,

[Poslal]

i

From ST. THOMAS to ASPINWALL, r^lUag at
Rico. Haytl, Saaltago de ( uba. Klagriss,
(Jamaica.) and ri^-e rrrmu-. (luce a moalii.
From ST. THOMAS to FORT UK FRANCE (Mas
'ri.MtjCE.* calling al Basse Terre.((iaadeIoupe.> Polalva-Pltrc. it;uadeTimpe.i St. Pierre, (Uartll>i<|a«,j asd
Porto

Omc a

rice reritii.

motilli.

From FOin l)E FRAN(K,iMa«tixi<HE.Mo CATEN Nr,caliln4{a( St. Lucia. s(. Vincrui,Greaa«la,Trtk-

idad.

Uemerara, Surtnam, aa4 tk» rtrmt.

tJaca a

uianth.

The splendid steamen of the Soatk
leave Pauaiiia fi>r Valparaiso and lulenE
of *««rr
of Ecuador. Bolivia. Peru and chill, on Ike
mondi and connect clowly with Ibe Sleaaiera of ISO
Vufk
OS llw
Pacldi Mall s. S. > ompauy. leatlug Saw
15th of ever)- raonlh for Asplnwall.
For lutes of Passage an-l Freight. Dalat of Departure, or further lnti>ruia1ion.appl) to

Wh

TraiHD<\rtation.

j^^

Stonington Line.
FOK PROVIDENCE AND BOSTON.

GEOBGK HACKENZIE,
Ak*>*. SB Broadnttr.

STONINGTON,
('apt,

Wm. Jones.

PACIFIC MAIL STEAMSHIP COMPAKT'S

THROrCH LINB

Capt. Ray Allen.
Leave Pier S3, North River, foot of .Jay street, dally
ample time to
. arriving at Beaton In
at 5 o'clock P.

M

connect with

all

the

To

California & China,

EARLY EASTERN TRAINS.

tW Baggage checked to

destination.

AND Japan.

.J0

I3r~ Tickets sold and State Rooms secured at No.
319 Broadway, cor. New Pearl street, and at Wcstcotl
Express Co.'s, 735 Broadway, cor. Tenth street :I,SOa

THROroH FARKS-XSW TORK TO

Broadway, cor. ThlrtyHfth street or sn Waablngton
D. 8. BABCOCK, President.
Brooklyn.

street,

New Jersey Southern RR
at

for Philadelphia, VIneland,
"V'uA "m -Through train
Bridgeton, Bay Side and VIni'laiid slalions.
9-45 A M.-Way train for Tom's Klver, Waretown.
4-lX)

P.

wmc

M. -Through train,

cress for Long Branch.
4:45 P. M.-S>eclal train for

All Trains Stop at

(}eneral

FISCH, Agoot,

Pier

v,
kx-

„
Long Branch.
,,

Lone Branch.

The 6-45 and 9:40 A.M. and 4KJU
forRedBank; the two latter for
F. P.

„««.
u
u 6;« A. M.

P. M. lines consect
Pon^»l^^^nn.outh.

Manager,

28.

ViO

Steerage

SAN WHxxctaco.
llSfito

----•

..--••-----

$UO
$«0

According to locaiioB of bank.

and aU Bacotartaa

CHANGE OF SAIMNO DATB.

28. Nortli Ulver, (foot of Mnrray street,
Sandy Hook, with trains of N. J. s. KR),

and Intermediate stations,

First Clasa

Thne ralea Include licnka. board,
for the trip.

THE STEAMERS
Plynionth Rork and Jesse Hoyt

New York.
JT.

rrrm.

ralllBt at
sta. Martha, and r^rr rerso.

vailed, cuinhlntiig

Saloons, state-rooms, wnioking-rooin, and bath-roomi
In midship section, where least niotiiin Is felt. Surgeont
and stewardesses accompanv these sleamers.
R.-VTES— Saloon, »*) golil. SK'erage, »3(l curreiiij
Those wishing to send for friends from the Old Conn;
try cau now obtain steerage prepaid cerllllcates, |3S
currency.
Passengers booked to or from all parts of America
Paris, Hamburg, Norway, Sweden, India, Australia
China, etc.
Excursion tickets granted at lowest rates.
Drafts from £1 upwards.
For inspection of plana and ot'icr Infonnatlon, ftppl>
at the Company's offices. No. 19 Broadway, New Yorlc.
.1. H. SPARKS. Agent.

calllwi al
rtct

ASPINWAl.L,

Mai-tlnliiue,

"onnecllng

^

to

Brest. aa4

Shortly oure a »eek.

VERA CKUZ.

following.
From the Wlilte Star Dock. Pavjonla Ferry, Jersey City.
Passenger accommodations tfor all classes) unri

win leave Pier

jar* Particular attention given to the examination
r Public Works for capitalists seeking Investments.

to

Sanunder. St Thomas and Havana, and
Once a month-

;

Edward W.

,

Mtlanlle

THE WORLD.

NARRAGANSETT,

Steel

RAM I AT

KlugMoB. Jaualra.
lim.

Postal Lines of the tirneral Trans*

NKW YORK, CORK AND LIVERPOOL.
NEW AND KULLPOWEUED SII'EA.MSHIPS.

SOUTHAMPTON BUILDINGS.

C S. Tyres and Axles,
W^lrc,

l>>Nb«**.

M«U<>H'KLLa

.

THE SPLENDID SIDE-WHEEL 8TBAMKK8

SteeiTancl Iron Ralls,

Ahl>

to their Agents,

Cabatbllb

•

ruiup 8. jusrics,
New York.

NKW VHHK

Fbanck,
Paxaha.

_
SAFETY, SPEED AND COMFORT.

Railway

-aa
'llV
.iLU

>

IHinure will

ATLANTI^L'k,

Sailing

WADSWORTH,

From

<..'i,-t'rw

.

t|r.!<

(Mboalii this dale fall

NULVBAI-MONDH,

«,000

NE^r YORK.

next

VI1.LB

W. DOUttLASS
S«pt. South S^de K.U. of L.I.
Clltt Street, New York.
W. BAILY. LANO & CO

West, corner Liberty Street,

tw

ttlll

as follows, romiuaurlDg

P.M.

(apl. T. W. Kreeman. .Aug. 28, at 2 P. M.
Cabin passage, ti¥) gold.
Steerage passage iOfllce No. 29 Broadway) |dO currency.
For freight or cabin passas:^ apply to

-C.

:iO't

HlBAMBSa

lHi,M

MONTH,

WISCONSIN,

HON. W. D. BISHOP... Pres.N.y. 4c N. H. Railroad
JAMES H. HOYT
Supt. N. T. i N. H. Railroad.
CHARLES FOX. Eau ...Pres. South Side B.U. of L.I.

JAIUES A. COTTINCHAM,

RO

I.ITKIflNtl.

July 21. at 3 P.
July 31 at S P.
21. at 3

MAIL*

IM».

h> Ills Kxi-rlh'iM t the l««>rrrMt*r <•( JsMi.u
prielora of this line, Ibelf Kts«r-('l •

steamships from

.Aug;

TOCtOVKV

r

The ronlrarl for cimteting (he Msll. ttrimt.a Ska
Yi'RK and KIN«f<«'ION. Jsinslt a.hAwog Im ra*«ard#4

NCtTH RIVKK, EVERY WEUSESDAV

...

MAVANILL*.

A.^D

('M)KH CIINTKAI

Or

NEBRASKA, Capt. Guard
WYOMlN<i,(:apl. Whiueray
MINNKSOl A, (apt. Morgan
IDAHO, cspl. Price
MANHATTAN, (apt, J. U. Price

Nleanisra

LEECH. HARRISON « rilllWlMJU.

(Via QnecuHtoivn.)
CARRYING THE INlTKll STATES MAIL.
THE LIVERPIJOL AND ORKAT WESTERN
STEAM COMPANY will despatch one of their Ural
PIER

JAMAICA

Liverpool,

class, full-power. Iron strrew

auU Uespatch

enc.ire safety

tH). »lt», anil

'I

sage, at 111

For

UNUSUAL INDUCEMENTS
to the trouUe.

:i.

III.

Steerage
fOrurreiicy.
Steerage tlekets from Liverpool and giieen.lown
and all parts of Kurope at lowesl rales.
Through hills of lading given for liclfusl, Olasgow,
Havre, Antwerp and other ports on (he Conlineut, auu
for Mediterranean ports.
For freight and cabin pasHage apiily at the Com
pany's odl(;e, No. Bowling (trccn. l>or leerage pa*

Specialty.

Having for maiiy years been Identlfleil with
buatueaa our great experience enables us to otter

Mlurda). Aux.

foUuwIuif VVrdueaday and Hatunlaj- front

('has.

A

It.

gold, uccortllnv lo accoininuflatlun.
TIckelB to Paris
flS (told addlllonal.
Return (Ickcis on favornble lemiN.

FORWARDING
and

SI.

July M.
HalnrUav. Julj

KATKS OK PAHSAUK.-CaWn,

Psrwaad Lin* »t

».

Halurdav. Auu.
Kalurday, Au(j.

BATAVIA

Company.

Steamship

Alii. 1

H«iur<lii>.
,

..;..

ABYSSINIA

LIOHTtlRS,

ATLAS

11.

WolOIHHUr, AUK.

I'AUTHIA
CALAbltlA

ON FIRST CLASS
SCHOUNEItS, BAR9R3,

WeOoeKUy.

Al.dKltIA

RAILROAD IRON,

OofftB 8t«ainih'p*.

liltlTIHIl

Kf
CUBA

AND

Iron

m

THE CHRONICLE

1872

Broadwiy

stcameraoftkeabOTelineloaTePIKKSo.

RIVEK.

«!COBTB

foot of Canal stre»t.at 13 o clock, aeos.

of Karh Kanth,

On 15th and 30th
except when thoac days

fall

oo Sunday, then tke day

'one hundred poaB4> of liiMHi free lo cack
Medicine and attendance free.
Departure of 15(li touches at KINOSTUS. Ja.
Steamer

will leave

sau FrmneUco

1st erery

aOslt.

aosih

far China and Japan.
For frelKkt PT pasaagt tickets, and all farther loformattou. apply at th* Company's ticket oOca on tka
wharf, foot of Canal street.
^

F. B.

BABT,

Acaat,

THE CHRONICLE.

94

[Jaly 20, l87i

OPINION©
I

.J*^

OF THE

GOMMERCIAL AND FINANCIAL CHRONICLE.
The New York TisHeS says

"ita success has been legitimately earned by a faithful and inteland financial interests of the country."

ligent devotion to tlio industrial, commercial

The New York Evening Post

says, "it is

worth to any business

man tenfold more

than

its

cost."

The New York World

'

"

says,

far superior t®

any similar publication ever issued in

this

coimtry."

The New York Tribune
commercial

statistics publislied in the

says, " it is beyond comparison the best collection of financial and
United States."

The New York Express

"a

says,

standard work like this

is

well worth the patronage of

business men."

The New York Commercial Advertiser
•CT.ery

« ought to be

says,

in tiie counting

room of

mercliant and banker."

The Boston Post
^vants exactly of

tlie

says, "the amount of matter
great class of American mercliants."

simply astonishing,

is

it

must meet the

The Boston Journal says, "it is one of the best commercial papers published in the country.''
replete with a large amount of information on
The Philadelphia Inquirer says, "

1

it

\.

is

forming a valuable book of reference for bankers and mercliants."
Chicago Tribune says, " this is one of the very best commercial and financial weekly
journals published in the United States, and no merchant who does an extensive business ought to be
without it."

and commercial

financial

topics,

The
The

Louisville

Democrat

"The Commercial and Financial Chronicle we

says,

no hesitancy in pronouncing eminently worthy of the high esteem

have
has secured among mercliants and

it

.financiers generally."

Louisville Courier* Journal says, "we would advise all our bankers, and business men
It is an invaluable paper, the best in the country, carefully edited, and all its
generally to subscribe.
;Statistics and quotations are wholly reliable."

The

'

Missouri Republican says, " The Chronicle is the best financial and commercial
paper issued in this country, and contains matter that no banker, broker or commercial man can afibrd to be

The

without."
-

(

The

St. Louis

Democrat

says,

St. Louis

Despatch

says,

"The Chronicle

is

the best financial paper issued in this

•country."

The

"to say that The Chronicle is the very best commercial
would be only to reiterate what has already been said by half

'And financial paper published in the country
.the leading papers of the country."

The New Orleans Picayune
.among the commercial papers of the country
have it always at hand."

;

says, "it is

sterling worth, and without a rival
that any bank oflicials will fail to

ajoumalof

scarcely possible

it is

The New Orleans Times

says, "The Chronicle is modeled on the London -E^coraowu'si, and
rank with that well-known champion of commercial interests. Such a publication as The
Chronicle is invaluable to all business men, bankers, merchants, brokers, etc."
(_

to

deserves

Economist
The Londonthe(England)
New

says, "one journal at least which ought be better
York Commercial and Financial Chronicle displays a capacity and
in this country
knowledge for practical economical discussions not anywhere excelled."

known

—

SulDcription Price,

$10 Per Year; $6

for

—

Six Months

;

Single Copies, 25 Cents.

...»

A File or Cover to hold current numbers, is furnished gratis to every new
for one year.

I

--

.

WILLIAM

.

,><'"

"'*'-

subscriber paying in advance

^

,

B.

DANA & CO, Publishers,
TO & SI William Street,

IS".

Y.

:

,

:

July 20, 1872.]

THE CHRONICLE.

Inauranoe.

Iniuranoe.

OFFICE OF THB

Fire Insurance

ATLANTIC

luraraao*.

Agency,

No. 173 Broadway,

New

York.

Insurance Comp'y,
HABTFORD Conn.
INCORPOUATKU 181

.ffitna

Mutual

95

Insurance

Co.

Imperial

FIHK iNWUBANCBCeHPAMV
or LoxitoN.
$i,«00,000 tioid.
cniEK orncK in thk r. *.
Noa. 40 to 44 Fine »lrcrt. New Vark.

....

AaMta,

».

...... $3,000,000
....... $S,000,UOO
——o-

Cash Capital
Nkw

York, Jannary

Net AMncta

26th, 1878.

The

Traeteos, In conformity to the Charter of the
ComiHiuy, submit the following Statement of its

on the 3Ut December,

Bffalrs

Co.,
Springfield
J. S.& E.Wright
M
A
»l PranUlo ttraet
FIRE AND raARINB INSVBAIfCB
NEW VOKK.
W Fraokl In street
COmPANT.
IKMTON.

1871

Premiums received on Slarino Risks,
from Ist January, 1871, to 31st December, 1871
$5,412,777 61
Prcniinms on Policies not marked off
Ist January, 1871
2,038,676 18

Sprincfleld, naaa.
1B4>.

&

MlChastontstiMt

INCORPORATED

.....
......

Oaah Capital
Net Aaaeta

Total amount of Marino Premiums.. $7,446,463 69

No

Miacenaueous.

been issued upon Life
KiHics
nor upon Fire Risks disconnected with Marine Risks.
PremiumsmarlfcdOn'from Ist January,

$SOO,000 00
$900,I0S 7S

Pepperell nik. Co.,

18TI, to 3l8t

December, 1871

OF PBOVIDENCE, R. I.
ORGANIZED NOVEMBER, 1871.

M

Cash Capital

.......

same

period.

$3,736,080

JAS. A.

1

& E-xpenscs.

AndroacoKBin nilla,
ConUnental mila.,

Warren Cotton

Agent».

THB

$973,311 81

The Company has the following Assets, viz. s
United States and State of New York
Stock, City, Bank and other stocks.. $8,143,240
Loans secured by Stocks and otherwise
Real Estate and Bonds and Mortgages.
Interest, and sundry notes and claims
due the Company, estimated at
Premium Notes and Bills Receivable.
.

Hope Fire Insurance Co.
PARK BANK

B U

I

L D

(i

Polhemus,

.

Eatabllahed 1856.
886,739 4\
2,408,937 95

274,345 01

liOCIS P.

JACOB BEBSE,
BAYABD,
President.

81z per cent Interest on the outstanding certt-fl
catcs of profits will be paid to the holders thereof,
or their legal representatives, on and after Tuesday
the Sixth of February next.
"^The outstanding certificates of the Issue of 1368,
will be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesday
the Sixth of February next, from which date all
Interest thereon will cease. The certificates to be
produced at the time of payment, and cancelled.

which were issued (in red scrip)
for gold premiums such payment of interest and
redemption will be in gold.
A Dividend of Forty Per Cent is declared om the
net eailJed preuiams of tlie Company, for the year
ending Slst December, 1871, for which certificates
will bo Issued on and after Tuesday the Second of
certificates

Manufactureri and Dealera

LLOYD

inARINEAND INI^AND INSURANCE

COTTON CANVAS
IN0,BAOGIN(i.
4C. "ONI.
AW
•'

OF WINTERTIIUK, SWITZERLAND.
- $1,464,693.64

full

aupply

AUGUST BELMONT,

all

ADRIAN

1. 1

mMW."

BnnUac

Conspaay.

Pnane

la

itack

CUARCUAU

aid

Streat.

Wire Rop
8TKSL,

soluble

for

SaapeasloB

Skip*,

BoMlac ParpoMS,
Larf.

(took

H. CHAPniAN,

Wm.

Lewis

Curtis,

Charles H. RusseU,
Lowell Holbrook,
R. Warren Weston,
Royal Phelps,
Oaleb Barsrow,
a.

P

Jr.,

Hand,
James Low,
B. J. Howland,
Benjamin Babcock,
Robt. B. Mintnm,
Gordon W. Bumham,

Piilot,

William E. Dodge,
David Lane,

Frederick Chauncey,
George S. SteDhensoa,

Francis Sklddy,
Charles P. Burdett,
Rob't. C. Fergasson,

William B. Bunker,

Samuel L. Mitchell,
James O. De Forest,

S. Miller,

Sturgis,

Henry K. Bogert^
Dennis Perkins,

*

E

Robert L. Stuart,
Alexander V. Blake^

Charles D. Leverich,

65

.

....

Bailey,

WALL STREET,

and Marine Inanrance Stock*
and Scrip.

"SPECIALTY."
Cash paid at once for the above SecuriUei
on conmilMlon. at selleri option.

;

or they

will be sold

William

C.

DOUBLE ELASTIC

STEEL PENS.
TbeM Peni are of lopMlar Encllili maaafactvt*.
and arr a nrarrr approxlmatloa tetka laal tWAli
QL'ILI. ttian anjiliinK hlilwrto iBTaalai. W« kaTa
rvcvnilj added a new pro l« (he » a«b«i . of (raal
Ruperlorlty where flnr wrillnir \* »le«lnible, wlUell

$1,000.00

Dealer in

Fire

Oilman,

DaiI.«B IX

,.

wedexiinuto

|

THE

«tl

EEN,

TXt SptHCtrinn Pth* m-4 Jar Sakt
ffroM ifn<r ^unritr 9r4m\ I

Vr A

SamfU

Caid. coat^alaa

| or,

N*. IS.

i

tU tta

FimM
oa

NUMtiKRS. M«arel]r eBelnw^TwOl be aaat tv aiau,
receipt of 36 ceou. Addrrw

WmX
138

TITLOS k GO.,
140 Sraad St., I*. T.

BL)KEM.\X,

*

C. Holland,

INSURANCE SCRIP,

D. JONES, President,

CHARLES DENNIS, Vice-Pres'l,
W. H. H. MOORE, 3d Vlce-Pres't,
J. D. HEWLETT, 84 YlCC-Pml,

S

.

I*

BBOADWAY.

301
Oa«Ii Capital,

Sheppard Gtndy,

Daniel

J.

^00.000.

« B~> sTTBi
MIAOAR
A*ANCE
l/TL^jrViV/A.
i>
COMPANY,

WlUlam H. Webb,

James Bryce,

Wm.

2i^m^9Mufio'

C. A.

C. Plckersglll,

CO..

>vm Tark

Spencerian

Joseph Gaillard,

Colt,

A
««

JOHN W. MASON *

TRTJSTBBS.
W. H. H. Moore,

*c.

eoaitaaily

Icngibt are cat.

Seoretary.

48 Broadway,

Henry

Oar-

Mlalac

hand, tyoia which aay do(ire4

order of the Board,

Charles Dennis,

VifgmKt

BrUgn, Oayi.

rieta. Inclined Plaaai,

April next.

D. Jones,

e.

B. B.. of th« rer J beat qnaUtj,

ISELIN.

;

J.

CAR COVKB

Widths and Colon always

s

W. WATTS SHERMAN,

I

LOW,

A. A.

.Ni,

.s i

No. 143

St., Corner of Cedar.
HENRY KOOP. Asolstant Manacer.
HUGO MENZHL, Attorney.

TRUSTEES

K.

(

K.S.^ILTWIXKa
MLKSB BA08.

United Statea
A

No. 63 William
G.

IH

Also, Ataala

NEW TORK

OFFICE IN

of

all klnili
i

!

COMPANY

AMetB,

In

COTTONSAILDUCK
And

A»«istant Secretary.

.$14,806,813 37

SWISS

liy

&

BrinckerhofF, Turner

N

I

217,500 00

CashinBank
Total amount of Assets.,

BROAD1VAY,

NO. 314

OO

3,379,050 OO

Milla,

Laconla Co.,
Boaton Dnek Co.,
Franklin Co.,
Tliorndlka Cm.%
Oat*t» nilia.

ALEXANDEB & PECK,

Returns of Premiums

Upon

$300,000

paid during the

liOsses

Batea Mfk. Co.,
Columbia n>k. Co.,

Newport Insurance Co.,

$6,876,798

Company.

Otia

policies liavc
;

PHIUOKLmiA.

AQKNra POK

AND

Fire and Marine

M

COTTON BHOKXR.

Inanranea Stock

Fine Etreat, comer of WtlUam Etrtat, ^.7

NBW ORLEANS,

4t«aiaiaaa.

CHRONICLE.
Railroads.

Miscall in 9oa9.

W. Farley,

H.

<;OTTOX FAC roR
ANU

133 Pearl

W. Farlkv. (Late of New
.KmeS a. FaRLKV, iil-lm't'
t,^.,,„i

H.

Wj.

Netv York.

uox,

;aJ9.

Orloana.)

U;':i.

C, London.

lO'CorulilII, E.

'

Street,

p. o,

Railroads,

Heyerdalil, SchonlDerg & Co., Gilead A.
BARTHOLOMEW
31 PINE STREET, NEAV YORK.

ISSION lUKR CHANT.

O O Jtn

[July 20, 1872.

'

Steel ANr>^ Iron Rails,
Bde AgentK in

p,.r.n,^i-o
»''"'"•<>»

J
O. UALUttiN, i
MoutgoiiiBl-y, Alaltama.

Vai-&

**"/

'

NEW-YORK, —
i

o n

r

I

,

Co.'s

B E S S £ ME R ST EEL RAILS,
Refers by pcnulaflloa to C. N. .TorJati. Enq., ('ashler
Third National Bauk, New York Messrs, Howes &
Macy, Baiiker8,33 Wall street, New York.

Co.,

In Ports of Neiv York and NewOrleans.

United States for

llifi

Sanrael

(M

'

eJ-BKBAITWAY-t

Railroad

Psiluor.

Of

/

iio.

&

Smith

HOUSE, BANK, LONDON

Bills of

K^ehange on London and Circular Notes
amounts to suit reniitlers ur travelers.

JOHN B.KBNNBDT, irEKBTU.BAKXR. JOHN

8.

in

BARa AS

;

Wm.

&

Wilcox

J.

Co.,

PHIME

liEAF liARD, STIBARIIVX:

1«ANCBKSXER
MANUFACTURERS OF
Locomotives, Statiouarj Steam En-

N.

Waslitustou, VestrfdiiGreenwlcb Sts.

H.

Bt..V[aJ.

No.

BEAVER STREET,

No. 206

YORK.

&

Co.,

Manufacturers of

CRITCIBLE STEEL TYRES,
Axles, Forcings, ice.
XOIiK

South Fourth

St.

36

TOOTME,

Win.

59

John

t

CHICAGO:
South Canal Street.

General Agent,

Street, N. Y.

&

Smith, Baker

Co.,

Street,

sell Securities

New York.

Thos.

of

all

&

New

York,

RAILS, COPPER,

&, Schuyler,
PINE STREET.
YORK.

Rallvray Commission Merchants.

NKKEL, BISMUTH, &c.
BALDWIN LOCOMOTIVE WORKS

Henry Lawrence &

Sons,

FOR EXPORT AND DOMESTIC USE.

All

LSHMAS. NKWOASS &

New

LSHMAIf, UURRiS; Co.,

Co.,

iBrothers,

American Railroad Iron,
For Immediate Delivery.

Cotton Factors

JONES ^SCHUYLER,
No.

la

PINE ST

,

NEW

gauges and thoronifh

Wm.

&

P. Converse
Pine

.St..

Co.,

New

York, Agent

&

Morris, Tasker

Co.,

Pascal rron Wok-ks, Phlladelitbia.
MttOufaoturere of Wrought iron Tubes, Lap Wcldi
Doller Flues, (las Works Castings and Street
Mains, Artesian \VeU Pipes and Tools,

Gas and Steam

F1 tters' ToOIb,

&c.

OFFICE AMD WAEEHOUSES:
IS <a>L.D 8TRKE:r, NJBW voaK.

NAYLOR &

CO.;

NEW YORK, BOSTON,

APPLY TO

Lehman

fitted t^

KInish

l.)A^S, *c.

FIRST QUALITY

Moutgomery, Ala.

Orlciius, La.

work accurately

interchangealile. Plan, Material, Workmanship
and Ellicienev luliv sruaranteed.
Clias T. Pairv,
M. Baird,
Wm. P. llciizey
Geo BuiPtiam. Kd,v. II. WllUams. K<L Longstreth.

l.V

THREE THOUSAND TONS

FRONT STREET, NEW YOKK.

Co.,

PHKLA GiELPHtA.

For Sale

MANUFACTURERS OF CORDAGE,
192

B0:<1).s.

&

M. Baird

Coniract for STEKL and I :O.V RAILS, LOCOMOTIVES, OAR-!, ana other Supplii's, ana iiegjiute

K.'XILWAY

LEAO,

SP><:LTER, TIN,

54

12

Bro.,
New York.

Pig Iron,

kinds.

Johnston,

&

Pope

J.

i292 Pearl Street,

JAME» JOHNSTON.

NEW

W. CORLIES,

Supply all Railway Equipinant and undertake a
Railway bustn(»Hsgeiier,illy.

In store.

KEPP.ESENTED BY

Fine

MO.

Iron and Steel Rails

Yokoliama and Hlogo, Japan.

66>^

ST. LOUIS,

rt)* BowllRi; Iron Company, Bradford England.
T.he West Cumberland Hematite Iron Co., Working

ton Knyland.

NEW YORK,

OF APPROVED FOREIGN AND DOMESTIC
MANUFACTURE.
HAVE FOR SALE
3,000 Tou.s 561b, "CrawsUay " Flsli
Bar Ralls, to arrive.
1,00) Tons 56 lb. " NortU Yorkslilre" do.. In store.
500 Tons 56 lb. "Aberdare" do.,

COMMISSION MERCHANTS, Jones
E.

Wilson,

UIGKLOW.

48 Pine Street,

:

No. 135 FUDEEALSTRIET.

PHILADELPHIA;

p.

BiGELow

See,

BOSTON

:

WINSLOW,

St.L.&S.E.H'way

Iron Ralls, Steel Ralls, Old Rails,
B-jsseraer flslron, -crap.
Steel Tyres, Boiler Plates, \c.
AGENTS rOR

RAILWAYS.
Negotiate Loans and

KDWABD

LeirlHtown, Pa.,

NEW

ST.,

Buy and sell Railway Bonds and Negotiate Loans on
Railways.

RapoRT UPON. Build, Manage and Equii*

William Butcher

Xo. 5S JOHX Sl'EEBT.

&

LIBERTY

51

F.

Pre.s.

SOUTH FOURTH STREET,

CRlJCIBIiE STEEL IVOKKS,

OFFICES

acu.,U.S.A.

Co.,

COR, OF WILLIAM ST.

IMI'OnTKRS OF

MEANS,

G.

EDWARD

WILSON,

Late

WiNSLOw

SALES OFFICE:

NEW

J.

ST,,

GENERAL R&II.WAY AGENT!) AND
MERCHANTS.

N.'u.

Trer surer,
45 Devonshire sr., Boflton.

H.-

CEDAR

Ta.ols,

I

ARETAS BLOOD, W.
huperiuteiuiefit

OIL,

tvtftticfaesttfl-,

59

and

gines,

41

&

Kennedy

S.

J.

Locomotive Works.
MANCHESTER.

AND

LARD

RAILjROAD SECURITIES NEGOTIATED.

99 ,Iohn street.

PHILA.,

80 State street.

203 .So. 4thstree

CAST STEEL RAILS,
CAST STEEL TYRES,
Cast Steel Frogs, and

all

other

Railway Use.

YORK.

HOUSE

IN

Steel Material lot

LONDON

Great Western Railway NAYLOR, BENXON * CO.
34 Old Broad Street,
who give special attention to orders
of Canada,
for

AND

Railroad Iron,

TENDERS ARE INVITED
COMMISSION MERCHANTS,
133 a. 135

New
A, «.

C. D.

Jewell, Harrison
27

BROKER
'

TAN WAGBKKN.

&

Co.,

MERCHANTS,

Purchasers to pay duties and load from dock.
Oifera sealed

and marked " Tender for Old Rails,"

stating price, per ton, in gold,

above ports delivery

will

and

at

which of the

be accepted, will be received

IN IRON,
WALL STREET, IfEW YORK.

CHAUNOEY VIBBAKD,
ALB3C.
EU Bit SOX FOOTE,

Iron Rails,

Old

General Offices,
Hajjiltok, Oxt., Sth

FISKB

Steel Rails,

Trcasarcr,
OIL.

P.

Vibbard, Foote & Co.,
40 BROADWAY, NEtV YORK.

JOSEPH PRICE,

Market*.
K0VI8I0N DEALERS, COTTON rACTOP.S AND

MANDFACTUEEKS OF LAKD

"0

contract awarded.

bv the undersigned up to the 24th July, Instant.

Pure Lard Packed for IVest Indies,
Soath American and European

and Metals.

George A. Boynton,

Bridge, Windsor or Saroia, within three months after

WATJiB STREET, NEW YORK,

COM.TIISSIOX

TONS OLD IRON T RAILS,

Pattern 65 lbs per yard, delivered cither at Suspension

York.

JEWELL, S.D.HARRISON,

FOR ABOITT

600

PEARL STREET,

as well aa Old Kails, Scrap Iron

-JtUy, 1S72.
.

BAIL WAY

Rails,

AND
EaiTIPMENTil.