Full text of Commercial and Financial Chronicle : July 20, 1878, Vol. 27, No. 682 [Copy 1]

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MERCHANTS’

HUNT'S

MAGAZINE*

'§jt*W0'p*ptV,

>

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES

CONTENTS.
THE
Industrial Reconstruction
Results of the Eastern War
Rainfall and Temperature from

February to June..

CHRONICLE.
53 I Latest Monetary
54 |
English News

I

56

Commercial

BANKERS’

THE

and Commercial
57

and

Miscellaneous

News

Railway Stocks, Gold Market,

|

Foreign Exchange, N. Y. City
Banks, Boston Banks, etc

611

60

GAZETTE.

I Quotations of Stocks and Bonds...
New York Local Securities

Money Market, U. S. Securities,

I Investments, and State,

Corporation Finances

City and

64
65

66

THE COMMERCIAL TIMES.
Commercial
Cotton

69 1 Dry Goods
Imports, Receipts and Exports....

Epitome

69

Breadstuffs

74

| Prices

Current

75
76
77

Chrcruide.
The Commercial

and

Financial Chronicle is issued

day morning, with the latest

news up to

For One Year, (including
For Six Months

on

Satur¬

midnight of Friday.

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j"
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Financial Interests in New York

INDUSTRIAL RECONSTRUCTION
The time and processes

of industrial recovery are an
interesting subject, not merely in the present and per¬
sonal sense that when one is sick one is intensely con¬
cerned to be well, hut because the circumstances are
peculiar. So peculiar are they that the country seems
to be passing through more than a transient and
periodical swinging hack from a term of expansion.
After all that has been said about the depression and
its causes, it is questionable whether there has been an
adequate appreciation how broad and old those causes
are, or of the thoroughness of the change which is going
on and the hopefulness of its results.
To the direct
effects of the war were added the complete reversal of
social and labor systems in one half the country; a vast
expansion of the exercise of governmental power, in
taxation and otherwise, and directed with small wisdom
and caution ; issues of paper money, and a deceptive




NO. 682.

SATURDAY, JULY 20, 1878.

VOL. 27.

prices-inflation that blinded all but a few remonstrants,
who were not listened to; an unexampled increase, all
over the world, in the means of
production, by machinery
and processes; a similar increase in railroads and other
agencies of distribution; and also a simultaneous col¬
lapse, in most commercial countries, in a speculation
mainly incited by the events transpiring in the United
States.
Considering all these together as causes of
depression, it is reasonably clear that they had been long
at work ; that the problem of recuperation is a broad
one, requiring broad and thorough readjustment of the
disordered machinery of production and distribution ;
that this readjustment must he slow, but that, when
completed, the conditions will be so new and so much
better adapted than before to permanence that the new
prosperity will surpass any of the old.
Substantially this view is taken by Mr. Edward Atkin¬
son, in an article in the current number
tional Review, who holds that the limit

of the Interna¬
of the fall in

prices has been reached, and that in the practical disap¬
pearance of the gold premium we have evidence that our
normal

relations with the world

are

about restored.

Turning irresistibly back to the end of the war, he argues
that had the surplus coin revenues, which in the ten
years following exceeded 500 millions, been applied to
paying demand notes, instead of being misapplied to
purchase bonds not due, the disasters later experienced
would largely have been averted ; that the most vicious
effect of paper was to enhance retail much more than
wholesale prices, as related to the gold standard,
especially of farm products, thus causing a rush of men
into distribution rather than production; that the dangers
which lay in the necessary return to normal prices and the
specie standard were deferred, ten years ago, by the last
work of paper, namely, the general public borrowing
and railroad building; and that when this effect of paper
had been spent, there was nothing to cause more delay,
and the collapse came.
He estimates the total war cost
at 6,000 millions, or, expressed in terms of labor, as the
work of 1,500,000 for four years of war and of 800,000
men for 3|
years of quasi-war, but he strongly makes
the point that this work, destructive though it was, was
destructive mostly as to the* capital which the war
itself called into existence ; that, demand inducing sup¬
ply, the net result in the North was an accumulation of
capital instead of destruction, and suggests this rule: “In
a
country of great natural resources and largely
“
peopled, the demand of war crates its own supply,iatjd
the material destruction of war is only to a small extent
a destruction of capital
previously in existence, bo|
“
largely a destruction of capital which might not have
“

“

“

THE
been
“

so soon

called into existence except

for the

CHRONICLE.
war

itself.”

subsequent events, and

that, even if the
faults of taxation and currency were cured, there can be
no
complete restoration of prosperity “ until the
population of the United States shall be redistributed
between city and country, between warehouse and
workshops, between factory and field, between mill
“and mine, under the normal conditions of
peace; until
that is accomplished, we shall have the
glut of
unsalable abundance on the one side, and the
penury
of unemployed labor unable to share this abundance on
the other.”
When labor is rightly distributed, Mr
Atkinson thinks of the day of six hundred minutes
about five-sixths will be given to the subsistence of the
-current year, sixty to eighty minutes to the maintenance
and accumulation of capital, and not over
twenty to
forty minutes to the payment of taxes in the heaviesttaxed State; “ the quick distribution of labor is the end
to be sought, and when that is
accomplished, the bug“bear of excessive taxation will disappear before the
“
advancing tide of populations.” Redistribution of
argues

<c

“

“

*c
“

“

labor is his idea of industrial reconstruction.

Thus he

says: “ The welfare of a community consists far less in
the amount of accumulated capital it may possess,
than
“in the quick distribution of its
productions; a

*c

quick

“

distribution and

by the fact that he was one of the few wh
ago, uttered warnings which passed unheeded
with us that the beginning of recovery is already

now

ten years

He pronounces the real cause of depression to be the
unnatural distribution of labor, the result of the war
and

tion

[VOL. XXVII.

—agrees
here. The whole tone of his article is

hopeful; “ legislation,” he says, “ may for a time act as a retarding force,
but even bad laws can
only retard, they cannot pre¬
sent, general comfort and prosperity in this nation;
never before in the
history of this nation did the elements of material welfare and
prosperity exist in such
abundance as at the present time, and the blunders of
legislation can only defer their beneficent action.”
This is not only
approximately,-it is literally and
thoroughly true; the need of frequently stating it is
“

“

“
"

“

“

great, because it is natural to rush from the

little, and to avoid
prosperity by failing to recognize the return of its con¬
A few weeks ago we cited some of these con¬
ditions; for example, the great improvement of public
credit, notwithstanding the drawbacks of bad legislation;
the consequent readiness of
foreign capital to come here
ditions.

ready to take it; the increase in the
articles for which, notwith¬
standing the disadvantages of transportation, foreign
markets -are already opened; the vast
advantage our
development of machinery now gives us for cheap pro¬
duction; the economies which have been learned, under
pressure, in producing and in living ; the improvement
in methods, besides the
help giyen by machinery; the
vastly increased facilities for internal transportation,
resulting in such low carrying rates as were never known
as soon as we

number of

are

manufactured

ample consumption, rather than a
large accumulation, give evidence of prosperity. The
whole question of prosperity consists in the
right before in the world, such as 9 cents per 100 lbs. for wheat
<£
distribution of^the working forces, as they should be from
Chicago to New York, whereas the value of that
sorted, into farmers, artisans, mechanics, manufac¬ grain was consumed in going the same distance,
twenty
turers, merchants, and professional men. War, infla- years ago; the decline of gold and the rise in securi¬
tion, and extravagance, have disturbed and altered all ties in this present year. We also added some railroad
“
these "conditions and have caused a false distribution
figures showing the present demand for railroad grant
of labor; peace is working out only beneficent
lands
in the West.
This week the government ha&
results,
painful as the process may be, and the prosperity that issued a comparative statement of the sales of public
“
must ensue when the new distribution of work and of lands in
Dakota, Kansas, Minnesota and Nebraska, in
ct
workers has accomplished itself no man can foresee.” the fiscal
yearsending June 30, 1877, and June 30, 1878,
To this he adds a suggestion worth
noting, namely: as follows :
Increase in
that since the Pacific roads were opened, new conditions
Total, 187S.
1878.
Tola-7, 1877.
of low cost have been applied to the production of the Dakota
1
' $1,461,801 73
$218,373 20
$1,243,423 53
Kansas
2,067,179 28
710,701 69
1,3M),47S 68
precious metals, never before existing in the world. Minnesota
1,041,203 12
279,84? 02
761,253 10
Railroads go to the very mouths of the mines; grazing Nebraska.....
620,675 99
257,407 01
863,268 98
grounds and coal are adjacent and abundant; labor is
Grand total
.'
$5,190,860 12
$1,466,832 83
$3,724,537 29
also abundant, the protection of law is
ample, and the
Most of the increase in the sales here shown was dur¬
methods of mining and reducing ore—in which lies
ing the last six months, and all is an evidence of the
almost wholly the question of profit—are unprecedentedly
very process in operation which Mr. Atkinson refers to
perfect. The effect of these changed conditions, Mr. —the shifting of labor from
distributing to producing,
Atkinson suggests, is a factor of capital importance,
which, as he says, is proceeding most rapidly in the
and he adds that “the financial question of the future is South
and West, and least rapidly in the East*
one of geology.”.
because it is more difficult for the artisan and the
We have dwelt somewhat at length upon Mr. Atkin¬
operative to change his or her occupation than it is for
son’s interesting article, not so much for its own sake as
the men who have been, employed in out-door
labor,
because of the importance of the subject of
recuperation, either of the field, the mine, or the forest.
in its present relations, and of the great
desirability that
Clearly, all the evidence shows that we have reached
the nature of the recuperative processes should be
a new stage
in the process of recovery which makes the
olearly understood. We have discussed the subject hopeful conclusion irresistible.
repeatedly, not as claiming any gift of prophecy,
or
as
RESULTS OF THE EASTERN WAR.
assuming either to say anything really new
or to name the date of
We have already, in these columns, pointed out the
recovery, but because we have
been all along convinced of the breadth of the
process main features of the new arrangements, brought about
and the certainty that, after
having blindly rushed, by the Berlin treaty on the one hand and by the secret
as a
people, to our industrial prostration and suffer¬ treaty of alliance between Great Britain and Turkey on
ing, we have been qjnee building better than we the other. It is unnecessary to enter again into these
knew, and will be gainers in the end.
It is details, which are being repeated day after day in the
gratifying to note that so keen an observer as Mr. morning and evening newspapers. We desire, on the
Atkinson, who may surely lay claim to considera¬ present occasion, to consider these new treaty arrange“

an

“

“

<c

.......

=•

i:1
•

.

i

i

extreme of

too much .confidence to that of too




20, 1878.]

July

oo

THE CHRONICLE.

Russia. The gain will
be the greater, if, as is generally understood, antagonism
as
between her and Great Britain, is to cease.
Russia, in
of mankind.
It will, we think, be readily admitted that the two rep¬ fact, relieved of her cares and burdens in southern
resentative nations in this great struggle, now apparently Europe, has become a great civilizing power in northern
and central Asia.
happily ended, were Russia and Great Britain. It is true
What is true of Russia in most of those particulars is
that in the severe and protracted contest on the field of
even more emphatically true of Great Britain.
To her,
actual warfare, Great Britain did not find it necessary to
as well as to Russia, the Eastern question is practically
draw the sword. It is not the less true, however, on that
settled. She took no part in the war, yet she has
account, that no final settlement between the victor and
the vanquished was possible without the consent and reaped the largest share of the spoils. The new treaties
reveal her influence and indicate the character of her
approval of the British Government. It will also, we future
policy. Her prestige, which was thought to be
think, be readily admitted that, so far at least as Asia
is concerned, these two nations represent, more than any waning, has been restored and re-established; and she
has resumed her proper place in the front rank of the
others, the aggressive spirit of European civilization.
Before the late war, each of those powers had a firm great nations. Her voice in the councils of the nations
will henceforward be more powerful than ever.
It will
hold on the Asiatic continent—the one on the south, the
be all the more powerful that it will be raised in the
other on the north. If it is desirable that the yoking,
interests of peace and to advance the general good. Her
healthful, vigorous civilization of the West should sup¬
influence, it may be taken for granted, will be exerted to
plant the aged and effete civilization of the East, it will
For the present, cer¬
be admitted to be the very reverse of desirable that the preserve the peace of Europe.
tain
outstanding
have
to remain as they
questions
will
forces represented by Russia and Great Britain should
are; and we are likely, for some time to come, to
cease to operate in the direction of Asia, or that they
hear much about the rectification of frontiers or the
should become mutually destructive. All the interests
unification of nationalities.
This new departure will
of civilization and of progress seem to combine to
increase the influence of Great Britain, not only in
render it a necessity that this two-fold pressure
Europe, but the wide world over. It will greatly
on the Asiatic continent on parallel, not opposing, lines,
should continue, until
those vast populations are strengthen her hold upon her numerous colonies and her
vast dependencies.
In no part of the British dominions
brought into sympathy and harmony with the modern
will that increased influence be more felt than in India*
world. Strange as it may seem, the results of the war
For the first time since the establishment of British rule
and the treaty arrangements which have been entered
in that country, the native Indian has reason to feel that
into, have been precisely of such a nature as to give
his interests are not different from those of the British
greater strength, a larger freedom of action, more con¬
centration of purpose to both Russia and Great Britain, subject. Lord Beaconsfield, a few years ago, spoke of
in their similar but separate missions of civilization in England as having become more an Asiatic than a Euro¬
pean power. Such is no longer the language of poetry*
Asia.
It
is the statement of a fact. Mistress of the Mediter¬
That such is the case can easily be shown. Turkey
has practically ceased to be a cause of trouble to Europe. ranean, with a firm hold on Asia Minor, and in full pos¬
session of the Euphrates valley, the ancient seat of
She is not utterly wiped out; but she is so shorn of her
dimensions, and so held in restraint where the shadow of empire, and capable of being converted into another
her authority remains, that, if the Christians in the great highway to India, Great Britain has become the
provinces complain of cruelty and injustice, it will no greatest of all the Asiatic powers ; and in the East
henceforward she must put forth her strength and seek
longer be her fault, but the fault of the new
Christian rulers.
It may, in fact, be taken for expansion.
It is not possible but that the new state of things brought
granted that the Eastern question, at least in the
sense
in which we have hitherto known it, is dead. about by the war and by these new treaties will have a
The Christians of the east of Europe have all healthful and revivifying effect on the trade and commerce
been placed under Christian rule. This is the great of the world. In the first place, it is not unreasonable to
take it for granted that a permanent peace has been estab¬
victory which Russia has won. If she has not been able
lished.
This is the avowed object of both the treaties.
to maintain intact the treaty of San Stefano, if she has
been somewhat checked in her ambitious designs south Peace is the first and most important condidon of gen¬
It gives confidence and encourages
of the Danube, she can at least claim that she has ac¬ eral prosperity.
complished the great purpose for which she undertook enterprise. N ot only so. It allows those energies which
the war, and secured liberty for every Christian in what are wasted in war to be put forth for the general good.
were the provinces of Turkey in Europe.
To Russia, In the second place, as Lord Beaconsfield himself has
and to Russia alone, this honor is due; and the world said, in the opening up of the Euphrates valleyTie has
will not fail, in the great future, to do her justice for the really opened up to the wealth and enterprise of Europe
and the world what may be called a new continent. In
great effort she has made, and the greater sacrifices she
has endured, in the accomplishment of her task. But that great valley, where once stood Nineveh and Baby¬
the work is now done; and she is but little likely again lon, and where were once boundless wealth ancKteeming
to have her energies wasted in similar struggles south populations, there is now barrenness and desolation.
river,
the source of wealth,
of the Danube. The treaty of Berlin, in fact, shuts her But the great
off from all hope of aggrandizement on the continent of still rolls on its mighty waters; and it is nec¬
Europe; and her tacit acquiescence in the separate essary only to turn those waters on the arid soil to
make that land of desolation a fruitful and smiling
treaty entered into by England and Turkey, leaves us
to infer that her strength henceforth is to be spent in garden.
If capable of sustaining great cities once, it is
developing the resources of her already vast European capable of sustaining great cities now. With Egypt
territory, and in consolidating her- conquests and extend¬ more and more under British control, and with this new
ing her influence in northern Asia. In this respect the highway to India opened up, the wealth of the East will
they bear upon the world generally, and
they promise to contribute to the material interests

ments




rather

*

as

war

has

been

a

great gain to

56
be

THE

developed

CHRONICLE

it has never been developed before.
the west by Russia and England, and
pressed upon the east by the enterprise of these United
States, Asia will become more a centre of activity, and
her developed wealth will enrich the nations.
All
as

[Vol. XXVII,

things considered, there is the presumption that

Pressed upon

we

entering upon an era which shall witness some
grandest triumphs of Western civilization—an
great activity, but also of great prosperity to

are

of the
of

era

all the

nations.

RAINFALL AND TEMPERATURE FROM
FEBRUARY TO JUNE.
We

bring down

now

table of rainfall, Ac., in the Southern States
where the Government has a station, obtained from the

in all cases,

are

they

the records of

are

data will be found in

our

instruments, kept by

our own

FEBRUARY.
Stations.

our own

correspondents for us.

Some deductions from these

1878. 1877.

'

!

MARCH.

187G. 1875.

APRIL.

187gJi875.
i

MAY.

.

Rainfall—Indies

20G
12
70-0
Thermometer—Higli’st
“
Lowest 290
“
Av’age. 44*2
=

1-47
5
GG-0
27-0
430

3-9G
11
730
19-0
45-0

2-95

1*21
9
78-0
30*0
53-8

10
76-0
9*0

1878. 1877. 187G. 1875.

1878. 1877. 1376. 1875.

2’24

601

12
80-0
270
52-2

16
89*0

37-9

4-85

4*10

16
770

8-09
19

4-50

9-98

14

17

29-5

9
73-0
19-0

74 0
26’0

47*4

30-0
42-0

46-5

40-7

GO-1

83-0
38-0
55*0

4-52
5
12
84-0
34-0 f50-0
59*3 53-4

4-54
11
75-0
220
52-6

4-55
19

2-41

6-61

7

11

750
28-0

1-94
8
83-0
41-0
62-4

7-86
12

74-0

2-72
14
sa-5
37-0
55-3

2-84
13
960
430
63-1

44-0
66’2

JUNE.

-

1878. 1877. 1876. 1875

I

Norfolk—
Number days of rain..

These

*

l

1878. r“J 00 t-

June.

figures
Signal Service Bureau; in all other cases,

department.

cotton

our

to the close of

4-42

2-29

5-13

4-79

11
89-0

8
95 0
45-0
65-2

15
97-0

56-0
71-6

17
99-0
59-0
75-5

4-33

7*48, 12-44 11-7

380
65 7

|

5 09
6

1-38
8

100-0 98-5
53-0 57*0
78-1 74-9

Wilmington—

Rainfall—Inches
4-57
Number days of rain..
8

1-65
6

710
Thermometer—High’st
“
Lowest. 31-0 t43-0
“
Av’age. 51-2 48-1
....

304
10
77-0
240
51-1

1-97
9
78-0

15*0
45-9

i

2-33

54-4

87-0
400
63-6

2-82
8
87*0
38-0
60-8

89-0
28-0
58-5

2*54

6-37

11

9-08 15-00 4-93

16

4-56

10

12

73-0

56-8

760
28-0
56-6

84-0
46-0
67-3

85-0
43-0
63-0

2-96 11-88

....

149-6
60-1

3-92

4-80

11

10
95 0

2-36
10

430 147-0
68-9 64-5

3-44

2-84
8
900
43 0
68-4

9

93-0
38-0
67-5

11
13
91-0
52 0 139-0
72-8 76-5

9
99-0
530
76-6

12

91-0
58-0
74-2

Charleston—

Rainfall—Inches
3-15
Number days of rain..
12

Thermometer—High’st
“

67-0

Lowest. 320
Av’age. 52-2

44

2-96
8
700
350

2-43
6
78-0
31-0

51-7

54-6

4-27
10
73-0
28-0
49-2

320

35 0

57-1

9
830
460
64-3

6-32
8
94-0

10
82-0

2-71
9
90-0
500
68-8

3-77
10
88-0
47-0

390
60-8

74-1

4-71

3-63

1-97

9

12

53 0

8-51
10
86-0
500
71*7

71-4

5-47 10-31 14-98 3-15

Augusta—

Rainfall—Inches
Number days of rain..

2-24

4-30

2-98

5-17

0-75

5-98

10

7

11

71-0
29-0
49-8

12
78-0
250
52-3

9

Thermometer—High’st

7
730

78-0

85-0

790
31-0
56-0

“
“

,
*

Lowest.

Av’age.

320
49-5

22-0
46-9

33-0
620

2-37

10

5-63

15

8

15

81-0

760
33-0
55-4

89-0
45-0

85-0
42-0

67-3

64-1

25-0
54-8

4-72
8
85-0
420
63-9

1-1S
8
100-0 94-0
520 42-0
75-3 70-2

10

830
35‘0

60-9

--

43-0
72-1

1-10
6
91-0
49-0
730

5-00

1-84

10

5

86-0
46-0
75-0

920
50-0
77*0

2-25

3-20

9

12

95-0

12
12
11
90-0 100-0 970
64-0 63-0 660
78-4 80-2 79-9

9
950
61-0
78*2

3-41

6-67

14

1

96'0
58-0

ti8-2

77-5

81-7

78-7

6-59
14
97-0
58-0
78*4

5-47
10

4-07

3*25
10'
930
62-0
80-0

7-96
10
97-5
62-0

’

.

Atlanta-

Rainfall—Inches
Number days of rain..

2-97

2-17

5-37

6-92

6

4

9

7

660

74-0
160
51-0

Thermometer—High’st

59-0
Lowest 250

a

a

Av’age 49

0

31-0
560

67-0
14-0
46-0

1-60
3
75*0
31-0
66-0

2'21

3-50

9

9

80-0
29-0

80-0
30-0
50*7

5-35

5-91

10-27

7

315

8-14

6

6-01

4-79

6

2-25

70-0
240
56-0

13

74-0
22-0

7

7

84-0
43-0

3

80-0

55*0

11-0
76-0
32 0
56-0

64*6

46-0
67-0

80-0
42-0
66-0

78-0
94-0
32-0
40-0
65’0 i 72-3

1-47

4-25

2-71

8
84-0

6-S8

12

6-00

8-82T

9

5-74

12

79-0

80-0
30-0
58-7

81-0

5-11
8

1-11
7

0-95
6
88-0
46-0
76-0

9

7i-3

920
60-0
83-0

4-58
8
93-0
630

Savannah—

Rainfall—Inches

2-25

Number days of rain..

11

Thermometer—High’st

75-0
310
53-9

“

Lowest

“

Av’age

1-71
7
72-0
350
52-5

56*5

38-0
63-9

31-0
58-5

j

7

14

9

88-0
47-0
69-4

85-0
420

84-0
40-0

98-0
56-0

65-1

86-0
460
66-7

2-04
8
94-0
48-0

63-5

76-9

-

39 0
59-2

i

94-0

90-0

700

50-0
74-0

54-0
72-9

!

6-99

8-52

1

13

14

1

93-0

99-0

20
99-0

05-0

59-0

65 0

! 78*9-1 81-3

18-80 4-10
-

6

80-6

99-0
63-0
79-4

3-62

Columbus, ga-

Rainfall —Inches
Number days of rain..
Lowest

3-50
6
730
27-0

Av’age

50 0

Thermometer—High’st
“

41

3-99
8
65-0
370
49-0

2-42

5-57

1*75

5
73-0

2

7

9

78-0

22-0

8
62-0
22-0

700
35 0

52 0

49-0

78-0
26-0
500

340
64-0

10-17 7-90 14-44

55 "0

4-62

7-96

9-19

12
76-0
32-0
57-0

3-47

3-28

8
80-0
46-0
68-0

1-00

8
80-0
46-0
65-0

4*45

7
82-0

8
80-0

5
93 0

3-08

2

4-83

7-16

7

4-81

5

5

8

96-0

8

40-0

65*0

95-0

J 64-0

88-0
46-0

ii

44-0

92-0
49-0

62 0

75*0

72-0

56-0
76-0

6.30

73-0

96-0
64-0

82-0

80-0

98-0
62-0
82-0

1-80

5*38

7-89

2-9S

1*86

9-08

4-17

5-41

,

95-0
64-0
•80-0

Jacksonville—

Rainfall—Inches
Number days of rain..

5-32
10

Thermometer—High’st

74-0
Lowest 32-0
Av’age 56-7

“

“

....

....

....

....

305

8-93

....

....

83-0
36-0

82-0
32 0

60-2

55-4

2-37

5 41

8
86-0
39-0
65-4

•

•

•

•

.

m

&

.

o

....

•

82-6

85-0
39-0
64-0

31-0
60-9

87-0
50-0
71-3

....

|

88-6

80-0

•47-0
68-8-

44-0

1-52
8
98 "5
55-0

66*6

782

8

.

-

.

....

5-03

-

1

#

|

11

95 0
54*0
76-0

52.-0 i 66-0
74-9 1 80-4

1-58

3-25

7-24

6
92 0

9
92-0

13

11

9

47-0

530
73-7

940
63-0

98-0
62-0
79-7

96-0
60-0
7S-6

94 0

99-6 99-6

96-0

66-0
81-4

....

62-0
80-2

Saint Marks—

Rainfall—Inches
Number days of rain..

3 07

1*41

3-32

8

15

12
77-0

Thermometer—High’st
“

,

“

71-0
Lowest 29-0
Av’age 52 0

....

....

....

77-0
30-0

56-7

28-0
53 1

8*65
8
82-0
34-0
61-9

....

8-63
8
77-0
32-0
56-9

7-31
12
7S-0

1

7-65.

!

6
84-0

36-0 j 47 0
61*5 J 68-2

....

5*11
5
86-0
43-0
65-6

5-98

to 4-» h->
9
94-0
530

6
80-0

37-0 i
62-6 !

73-S

....

73-6

78-9

11-56 5-73

....

Montgomery—

Rainfall—Inches
Number days of rain..

Thermometer—Higli’st
“

“

Lowest

2-59
7
73-0
29-0

Av’age 50-2

2*68
8
68-0
31-5
52-3

5-07
12

7-86
16

2-64

7-17
9

78-0
24-0

78-5

S
83-5

22-0

3 7 "5

54-5

49*6

63-1

76 0
27’0
55-3

7-33
9

11*5610

5-91
8

77-0

78’5
34-5
57-4

88-0
45*5
67-8

28-0
54*6

'

.

.

10-36
16
82-0
46*5
64*4

10-99
9
S9-0

45-0
65*4

|

3-54

1

4-06

9
86-0
39 0

94-0
52-0

62-6

74-6

0-82
3
94-0
4S-0
72-0

!

4-90

1-68

1

9

J

655

14
92-5
46 "5
73-5

7
98-0

i
I
51-0 1
74-5

Mobile—

Rainfall—Inches
> 3-40
8
days of rain..

Number

Thermometer—High’st
“

44

Lowest

Av’age

70-0
300
52-3

1-40

4-32

7*15

5
72 0
35-0
53-4

11
75 0

9
74-0
28-0

28-0
55*3

50-9

4-33
9
83-0
42-0
64-5

5-94
9

76-0
33 0
575

8-01

8-39

!

9
13 |
76-0 .78-0
31-0
37-0 j

55*8

60-2 |

!

4-09

8-40

3-88

10
S6-0

11
83-0
49 0

10

82-0
42-0

65*9

66-2

63-2 ;

500
69-7

7*51
6
77-0
41-0

!

1-67
,

5*85

«

95-0
63-0

(I 79-5

75*3

5
91-0
56-0
75-3

! 67-5
! 81*6

98-0

* 55*5

| 6-60
!

JO

Thermometer—High’st
44
.44

3-50
6
72-0

0-98
8
....

Lowest 370 130-0
Av’age 55-5 55*9

8-20 13-85
16
78-0

360
590

9
77-0
32-5
55-9

4-63

1

7

j

| 95-0

4-94 11-32 10-84

1-51

4-79

6-41

8-05

11

8-11

6

14

1-48

7-10

8

8
7 9--5

2*53

9

7.35

8

15

8

14

15
79-0
38-0

84-0
50-0 125-0

63-5

71*5

68-6

7-20 12-50 6-10

7-90
4
84-0

L0-30 5-10

44-0
66-2

46-0
62-4

7-13
10

8-88
16
79 0
47-0
64-1

10

82-0 1
46-0 438-6
66-4 1 60-7

79-0
36-5
59-9

5-06
4
81-0
38-0

8'
77-0
310

10
77-0

62-1

56-5

'

....

82-5
53-5
69-1

3-35
7
980
630
80-3

2-45
8
950
630
80-8

2-75
'8

6-20

4-92
16
920
680
80*1

.

14

890
86-0
60-0 t36-0 54-0
75-5
73-5 -’74-8

88-5

92-0

65-0
76-2

710

127-6

82-0

81*3

68-0
80-6

4-30
9

4*20

2-50

3;90

7

7-60

8-90

2*40

7-50

80*0
400
59-1

88-0
52 0

4
900

8

10
930
61-0

49-5
65-3

.

,

93-5

Fayette, MissRainfall—Inches

2-70

Number days of rain..

3-10

6
70-0
270

6
70-0
28-0

Thermometer—High’st
“

“

Lowest

Av’age

48-3

49-3

6-40 12-10
8
8
!
78-0 73-0 |
24-0 22-0
53 1 48-5 i

26-0
53-5

9

80-0
32-0
57-1

9
80-0

o

82-0
45-0
64-2

70-2

5-80
10
85-0
47-0

88-0
54-0

89-0
64-0

900
580

69-1

70-1

75*1

0-69
4

6-24

1-69

12

11

8-81
15

950
46-0
72-9

89-5

94-0
51-0
74-6

47-0
69-6

rr

/

11

'9

76-7

920
63-0
75-1

76-1

3-76

1*74

4-05

7

95-0

13
97-0

62-0
78-4

59-0

97-0
63-0

79-4

79-4

12
98-0
60-0
80-5

Vicksburg—

Rainfall—Inches

2-49

3-26

8
Thermometer—II i gh’st 71-0
“

12
73-0
31-0
51 -8

Number days of rain..

Lowest 32 0

“




Av’age 51-3

5-18
8
24-0

7-01
13
76-0
21-0

55*4

500

77-0

5-24
4

S5-0
43-0

! 65-1

4-83
12
79-0
29 0
57-0

11-21 14-51
14
17
81-0 78-0
270 33:0
5QvL
54-2

t

86-0
49 0

68-9

Range.

4-89
10

85-0
47-0
66-0

14
99-5
61*5
80-7

7-07
9
100-0
620
82*8

New Orleans—

Rainfall—Inches
Number days of rain..

1-94

)

4-33
3
6
94-0 89-0
51-0 48-0
72-8 .70-0

1:46

2-94 -4-85
13
10
99-5 99-0
57-0 61-0
80-8 79-6

5-07
8
83-0
43-0
61-8

4-57
6
93-0

49-0
73-9

49^0
72-8

,

1878.]

July 20,

*

^

MARCH.

APRIL.

1878. 1877. 1876. 1875.

1878. 1877. 1876. 1875.

1878. 1877. 1876. 1875.

Shreveport—

4

8

80-0

Lowest 28-0
Av’age 50-4

72-0
35*0
52-0

24*0
550

2*67
14
78*0
220
50-0

2*11

1*06

2*32

12

5
66*0
25*0
45*0

Rainfall—Inches
Number days of rain..

2-67

2-48

7

Thermometer—High’st 71*0
“

Nashville—

Rainfall—Inches
Number days of rain..

Thermometer—High’st 67*0
“
-

“

Lowest 25*0
Av’age 43*4

Little Rock—

2*08
Rainfall—Inches
5
Number days of rain..
Thermometer— High’st 84*0
“
Lowest 22*0
“
Av’age 51*0

2*68

210
4
87*0
26*0
55*0

5-70

7*04

1*24

9

8
93*0
47*0
74*0

16

7

16

89'0
27*0
57*0

88*0
44*0
69*0

83*0
48*0
65*0

470
67*0

5*70

8*14

6*88

9*47

11

15
74*0
24*0
49*1

16

14

83*0
390
63*3

80*0
38*0

2*86
9
80*0
37*0
60*5

4*25
13
80*0
25*5
56*3

12

83-0

450
64-5

31*0
58-0

3*06

3*48

5

12

10

4*95
12

73*0
9*0

75*0

78*0

9*0
38*2

31*0
56*2

156*6
47*4

76*0
14*0
46*6

1*61

6*23

4*46

9*05

4

7

56*0

83*0

•

3*46

14
79*0
26*0
54*0

7

....

5*83

11
90*0
390
630

4

9
63*0

88*0

59*2

10*33 13*25 5*10
12

....

82*0
40*0
64*0

7

6

....

73*0

74*0

....

54*0
60*0

59-0
63*0

360
60*0

3*34

3*80

4*51
4*24 11*03 8*60 : 11*93 13*90

13

10

17

14

19

75*0
17*0
48-6

72*0

80*0

79*0

78*0

79*0

13*0
40*2

38*0
59*7

23*0

50*0

18-0
47*4

4*79

2*94

1*03

1*35

8

10

3

74-0

74*0

35*0
60-0

35*0
55*3

1*58
7
72*0
45*0
57*0

1*89

2*85
5
76*0

“

Lowest 27-Q

“

Memphis—

Rainfall—Inches
Number days of rain

5*08

....

....

83*0

80*0
40*0

50*6

65*2

59*3

5*94

3*51

3*50

8*36

2*65

5

9

9

9

80-0
52*0
66*2

75*0
39*0
62*1

76*0
36*0

82*0
54*0
68*8

84*0
55*0

61*0

78*0
34*0
62*1

3
85*0
53-0
71*7

6

2*51

2*74

5*86

1*02

3*52

5

10

6

6

4

1*64
6

0*32

9
79*0
33*0
60*0

2*23
8
80*0
33*0
56*4

6*84

1*84

0*76

9

10

72*0

5
78*0

AAr’age 51’3

360
51*3

24*0
55*1

2*05

2*77

3*05

Rainfall—Inches

3*88
4

days of rain..
Thermometer—High’s 1 71*0
Number

Lowest 38*0
Av’age 56*3

Indianola—

Rainfall—Inches
Number days of rain..

3*03

6
Thermometer—High’st 73*0
“
Lowest 41*0
“
Av’age 57*0
Corsicana—

Rainfall—Inches....

of rain..
Thermometer—High’st

Number days

•■9k
67*0
30*0
46*1

1*12
5
68*0
46*0
56*2

Dallas—

Rainfall—Inches

*

4

79*0
19*0
49*5

1

.

85*0

-)

44-0
63-2

.

.

.

....

3*48
10
81*0

G

26*o: 44*0

Galveston—

“

53*0
51*0

14

Av’age 45*4

“

1*33

....

17

11
..
Thermometer—High’st 69*0
“
Lowest 30-0

“

1*54

42*0
49*0

....

L35*0

69*7

2

57*7

JUNE.
,

1876. 1875
1878. 1877. 1876. 1875. 1878. 1877.

5*42

10

87-0

46*2

5*64

3-87 11*67 4*94

80*0
21*0
56*0

'

\

MAY.

FEBRUARY.
Stations.

“

57

THE CHRONICLE

91*0
53*0
73*9

2*33
16

1*25
5

920
41*0 t54*0
....

4*94
11
90*0
42*0
70*3

89*0

66-0

'55*0

79*0

80*0

3*28 6*02
14
15
94*0
520 t47*0
73*4 77*0

|

2*08 1*79
9
10
95*0 10461*0 59*0
79*0 83*0

5*7G

5*63

14
94*0
58*0

92*0

76*5

76*9

....

I
I

40 0
68*3

'69*2

67*3

8*09

0*70

7

4

88*0
48*0
69*0

91*0
45*0
68*0

4*70
8
75 0
69*0
71-0

3*66
14
910

1*81

8*49

4*21

8
92*0
44*0
70‘5

9

12

88-0
48*0
70*9

91*0
44*0
68*6

46*0
71*3

94>0>s96*0

2*03 :
10

2*55
14

7*65
13

0*91
5
12
90*0 101*0
47*0 48*0
73*0 75*0

9*47

13
53*0

5*45 10*85 3*89
15

....

87*0

....

59*0
74*0

....

....

10
95*0
52*0
77*0

7

....

84*0
72*0
76*0

•

«

•

*

....

5*47 18*16 2*70

2*72

17
94*0

13
97*0

55*0
77*8

58*0
77*1

6
95*0
55*0
79*1

2*68
8
92*0
64*0
81*5

2*63
11
94*0
70*0

0*89

82*2

83*5

1*19

0*35

9

3

94*0
70*0
82*5

95*0

14
94*0
58*0

76*4

3*47

2*55
8
80*0
48*0
G5*9

3*90
11
89*0
65*0
76*7

1*80 10*27 1*50
4
8
5
91*0 89*0 91*0
59*0 54*0 62*0
76*1 77*0
74*8

2*51
6

5*39

2*20

0*32

1*45

11

5

3

4

90*0

89*0

32 0

62*0 t20*0

75*3

87*0
58*0
75*5

76*3

2*70 4*81
8
11
98*0
63*0 tl8*0
83*6 81*0

12
93*0
72*0
! 83*5

....

5

97*0
72*0

87*0

80-0

52*0 t28-0
67-9 63*6

41*0
62*9

80*0
37*0
63*4

90*0
51*0 t21*0
730 70*1

85*0
51*0
69*4

82*0
66*4

77*7

3*96

5*75

4*75

4*56

3*09

9

12

12

9

14

10

8

2

5

2*26
8

0*79

86*0

900

87*0

950

24*0

41*0
67*0

33*0
61*3

93*0
50*0
73*1

47*0
71*3

950
43*0
71*8

97*0

81*0

2*92 6*01
14
11
90*0
42*0 t52*0
68*9 63*5

5*42

2*33
11

2*03

3*61
9

4*56

1*52 4*81
12
7
87*0
41*0 too-o

64*0
79*1

96*0
50*0
78*6

4*00

4*35

0*83

7*95

2*60

64*1

5S*1

25*0
53*9

0*80

2*87

1*82

55*8

...

i 3*83

.

.

6*05

0*84

....

59*0

93*0
43*0
72-9

•

•

•

•

.

71*0
82.2

99*0 102*
58*0 57*0
77*3 79*5

! 3*51

....

t Range.

will

long as trade is so quiet any advance in the price of money
greatly pleased to see the election of William A. be difficult to maintain ; and when we bear in mind that the sup¬
Booth to the Presidency of the Third National Bank of this city.
ply of bullion held by the Bank of France is as much as
His conservative business habits and former experience in financial 000, and that the rate of discount in Paris is only 2 per cent, two
affairs, together with his acknowledged integrity and excellence powerful reasons exist against dearer money in this country.
Latterly, indeed, for the last two years, the French have been
of character, make his accession at this juncture to the ranks of
large takers of sterling bills, and the increased profit now
bank officers particularly agreeable to them and welcome to the
able is an additional reason for a continuance of the operations
people.
'*
which have been in progress.
This week, large quantities of the
usual sorts of paper have been purchased on Paris account, and
it is well-known that a large proportion of the last issue of
Treasury Bills has been taken by French houses. A 2 per cent
[.From our own correspondent.]
rate in Paris and a 3£ per cent rate in London are an anomaly, and
London, Saturdav, July 6, 1878.
the money market has already assumed a somewhat perplexing
The directors of the Bank of England have decided this week
to increase their rate of discount to 3| per cent.
The movement condition. The large demand for bills for Paris has forced the
outside rate of discount in some quarters down to 2£, and 2| to 2f
was somewhat unexpected, but the state of the Bank account'
per cent is a very current quotation for choice paper ; but in
justifies the change. It was well-known that, in order to pay for
quarters there is a reluctance to do business except at 3 to 3£ per
securities purchased in Paris, a large amount of gold wouM have
cent, and it will probably be some days before the market settles
to be remitted to that city, and the daily returns published by
down to steady and regular quotations. The course of the market
the Bank of England showed that, during the week embraced in
will of course be regulated by the state of the demand for gold
the last financial statement, as much as £705,000 had been sent
for export purposes.
expected in the early part of the
away, making in two weeks a sum of about £1,600,000.
It is not week that the demand,Itaswas
far as Paris was concerned, would ter¬
surprising, therefore, that rates have been raised from a
minate as soon as the monthly “ liquidation” at Paris had been
low point to a higher; but the money market has now assumed a
completed ; and the supposition has proved to be correct. Yes¬
peculiar phase which is difficult to define. We met the German
terday, £100,000 in sovereigns were withdrawn from the Bank for
demand for gold, but were left with large supplies of silver,
which were sold at low prices for India.
The present demand Portugal; but this was not not an exchange operation. In fact,
the tendency of the exchanges has become more favorable, and
has been, however, to pay for securities, and, instead of hold¬
should the demand for gold for export cease, the only cause
ing a commodity liable to depreciation, we have obtained a secur¬
directing an upward movement in the rates of discount will have
ity which is believed to be an improving security, and which is been removed. It is necessary, however, to bear in mind that
readily convertible. Up to the present time, the speculation in
there has not as yet been the customary increase this summer in
Egyptian stocks has been very profitable, and if it be true that the resources of the Bank of England. On the contrary, there
Egypt, honestly administered, is fully capable of meeting all its has been a diminution, and the probability is that when the
obligations, the value of the stocks of that country are still at a autumnal demand for money sets in, the position of the Bank
low price. The demand for gold cannot be regarded, therefore,
will be below the average strength. Now that peace is regarded
as an adverse feature.
What we buy, we must pay for, and that
as certain, there should be more vitality in trade and general
has been the recent cause of disturbance; but if the securities we
enterprise. There are already indications of such a change, and
have purchased are salable at a profit, the country must be all
more money will be required; but our cereal imports, in the
the richer for it; for not only have speculators profited by it, but
approaching season, will cost us less, as we shall be able to
the many holders of Egyptian bonds throughout the country
obtain the large supplies of produce we require at a considerablyhave had their capital increased.
The mercantile demand for
reduced cost. Taken as a whole, the probabilities are in favor of
money is still, however, upon a very limited scale, trade, not¬
dearer money, not immediately, but in the autumn, when busi¬
withstanding some improvement has lately taken place, especially
ness of all kinds is likely to assume larger proportions.
in wool, being still very unsatisfactory.
It is contended that as
—We

are

£86,000,-

obtain¬

fHouetavijI ©vmmcvciaX JhirfiisTt 31 curs




other

58

THE CHRONICLE.

The demand for money for mercantile
purposes, during the
week, has been very moderate, and the quotations are now as
follows:
Per cent. ]

Bank rate

Open-market rates:

3% I

Open-market rates:
30 and 60days’ bills

i

2*4 ©3% 1

3 months’bills

Per cent.

4 mouths’ bank bills
2%©3
6 months’bank bills
2%©3
4 and 6 months’ trade bills. 3 @3%

2%@3% !

The rates of interest allowed
discount houses for deposits are

by the joint-stock bank? and
subjoined :
rerct.

Joint-stock banks
Discount houses at call
Discount houses with 7 days’ notice
Discount houses with 14 days’ notice

Annexed is

2%
2%
2%

2%

The

weekly sale of India council bills amounted to
£328,100, which included £28,100 not allotted in the
previous
week. Only Is. 8 l-10d. the
rupee was obtained; applicants
receiving about 7G per cent of the amount tendered for.
The joint-stock banks and discount houses
have been
their dividends this week.
London & Westminster, 7
same as

in 1877 ;

the

declaringfollowing have been announced:
cent for the half-year, being the

The

per
reserve fund

will be increased from

£854,-.
London, 7£ per cent for the halfcirrying forward £10,000, same as in 1877; Alliance, rate of

000 to £914,000 ; Union Bank of
year,

6 per cent per annum, same

as

in

1877 ; National Discount Com¬

pany, 12 per cent, against 10 per cent;
City of Glasgow
of 12 per cent; North and South Wales
Bank, rate of

statement

a

[Vol. XXVII.

showing the present position of the
Bank, rate
England, the Bank rate of discount, the price of Consols,
171 per cent
the average quotation for
English wheat, the price of Middling City Bank, rate of 10 per cent; Birmingham Banking Company,
rate of 15 per cent; Merchants’ Bank
Upland cotton, of No. 40’s Mule twist, fair second
of Canada, rate of 7
quality, and
per
the Bankers’
Consolidated
cent;
Bank,
10
rate
of
Clearing House return, compared with the four
per cent; Lancashire & York¬
Bank of

shire

previous years:

■'

1S74.
£

Circulation, including
bank post

1S75.

1876.

£

bills....... 27,642,241 28,9i'0.718
Public deposits
5,427,280
5,119,414
Other deposits
19,964,380 25/ 83,745
Government securities. 14,212.352 14.871,418
Other
securities

Reserve of

notes

...

£

28,712,133

1878.
£

29.0:0,519

13,466,801

20,836,337

28.185,719
8 766,333
5,727,634
7,5*9,030
22,270.932 24,894,691 21,54V43
15,399,705 14,98 >,311 15,970,114
15,399,705 20,429,201 2>,001,835

10,980,731

13,208,883

16,78!,842

13,174,030

9,031.692

23,256,856

26,735,423

00,190,692

26,948,310

22,603,217

and

coin

Coin and bullion in
both departments
Proprrt'on f f rtseive
to liabilities

1877.
£

Bank-rate
Cousols

2# p. c.
92%

52‘08
2 p. c.

3 p. c.

42 68

30 94

2% p. c.
94%

3%

p. c.

91%
93%
x'5%
English wheat,av.price' 60s. 8d.
43s. 6d.
48s. lOd.
62s. 6d.
46s. id.
Mid. Upland co ton...
8%d.
7%d.
6 1—led.
6 5-lSd.
6 3-lGd.
No. 40’s mule twist,fair
2d quality
Is. 0%d.
ll%d.
lid.
10%d.
f*4d.
Clearing House return.116,081 O00 112,786,100
121.843,iCO 125,782,000 131,379,000

The export of gold has
already been referred to, and the
-demand seems now to have ceased. For
silver, the market lias
been very dull. -The Indian

exchanges have further declined,
and the pric9 of bar silver is now
only 52 5-16J. per ounce.
During the past six months, the highest price has been
55|d.,

and the lowest f2id.—at the end of
June.
been sold at

Mexican dollars have

52d.,.being the lowest price this year.
price realized this year was 54d.—in February last.
ing are the present prices of bullion:
GOLD.

Bar Gold, fine
Bar Gold, refinable

fc-pauieh Doubloons
South American Doubloons
United States Gold Coin
German gold coin
Bar Silver, fine
Bar Silver, cou’ng5grs.
Mexican Dol ars
Five Franc Pieces

per oz.

Quicksilver, £6 18s.
Annexed

are

cz.

the current

a.

9%®
o
6
9

per oz.

©

rates of

discount

at

Open

mark’t.
p. c.
p. c.
2
2

Puns
Brussels
Amsteidam
Berlin

3%
3%
4
4
4
4
5
3 54

Hamburg

Frankfort

Leipzig

*

Genoa
Geneva

3%
3%
3% @3%
3%

3% @3%

/

3.!/
4%

3%

the

Vienna and Trieste...
Madrid,Cadiz and Bar¬
celona
Lisbon and Oporto....

Open
mark’t.

p. c.

p. c.

4% 4%@4%

4

Copenhagen

5

6@S
6©8

,

4

@5

3% ©4%
4%

GOLD.

1877.

1878.

£12,957,716
£10,131,361
£7086,198
Exports
--7/61,456
4,'79,191
10,835,475
The imports of
gold from Australia and the United
the same periods, are also
Australia

United States.... i

States, for

follows:

1875,

1876.

1877.

£>,092.600
2,642,033

1878.

£2.927,832

£2,m 0,000
741,990

1,578,!96

SILVER.

Imports
Exports

;\

...

1816.

4,253,580
The total shipments from

1S77.

£5,127,7.-2
4,951,923

1678.

£10,396,262

£7,197.632
7,084,649

9,099,595

San Francisco to

China, from 1st
January to 30th June, are £1,671,000.
Messrs. Pixley also give the
ollowing statement of the weekly
prices of bar silver for six months
ending 30th June, 1878 :
Per

Ounce,

Per

Standard,
Jan.

2

53%
5S%®54

9

16

23...
„

Feb.

81

7

11
21
28

54 ©51%
547? 54 1-16
..

March 7
14
21
23

53%

53%®54

..

i




54% @55
55 ©55%

Per

Ounce,
Standard,

d.

5;%@53J%
..

Ounce,

Standard.

d.

April

4
11
17
£4

May

2

54%
54%ft54%
54% ©54%

d.

May

.

.

.

54%

54%
54
54
54

53%

the

closing piices of Consols and of some of the
principal American securities at to-day’s market, compared with
those of {Saturday last;
are

Redm.

Consols
United States 6»
Do
5-20s.
Do
1867, 6s
Do
funded, 5s....
Do
10-lOs, 5s
Do
funded, 4%s
Do
4s

.1885
1885
,1887
,....1887
.1881
1881
...1904
.1904
.18
18 4
1907
1875
.

Louisiana Levee, 8s
Do
Do
Do
Do
Do
Do

188!

.

.......

6s
5s
5s
5s
5s
5a

Virginia stock 5s
New funded 6s.

June
.

•

J;f y 6.
95%®a6
1(9
103

©110
©104

53%
53>/a
53%

=
53 5-16
53 7-1i
53 7-16
53

52%

-

June 29.

ll'8H@109%
103

©1C4

107*4 ©108
1C 8% ©109%

10?%@1U7%

110
106
101

1(9% @110*4
1(5% @106%
ICO @101

42
42
106

.1888
1888
1894
.1900
.1889
.1891
.1895

1C6
107

1905

28
25
53

were

108
107
106

©111

©106%
©1C2
© 52

© 52
©108
@110
©1C9
@108
©108
©109
© 3;
© 30
@ 60 •

brought

108H@t09

42
42
1C 6
108
109
108
10?
109
28
25
58

to

a

© 52
@ 52
@1C8
@110
©111
@110
@110
©Ill
@ 32
@ 30
@ 60

close

The quantity catalogued comprise!:
'.

Victoria
South Australia
Swan River
Tasmania
New Zealand
Cmpe c.f Good Hope
Falkland Islands

Bales.
50.743
In4.161

35,053
7.008

-

-

......

Total

About 19,000 bales

were

withdrawn,

ever, was re-offered and sold.
With
home and foreign
on the

10,829
69,5 >2
31,899
1,009

313,254
a

portion of which, how¬

a

moderate attendance of

buyers
opening night, there was fair
competition "at 4d. to Id. per lb. decline on
February-March
closing rates for all Australian merino and
greasy "crossbred
descriptions, and Id. per lb. for washed crossbreds, while for
Capes there was brisk competition at unchanged rates. For a
few days the market remained
steady, when, with a material

accession of

£7,4v2,952
8/28,853

£3,131,210
6,197,COO
1675.
£1, .->57,824

Annexed

.

6
6
6

St. Petersburg
New York.
Calcutta

as

rate.

♦

first six months in each of the last four
years:

given

equivalent—in fact, they are mostly the same—as for the
corresponding period of last year. We understand that
although,
a smaller discount business
has been r’one, net results have
been
more
satisfactory, as bad debts have been few, while considerable
benefit has accrued from the new
arrangement with regard to
deposits, the rates of interest allowed being in agreement with the
open market rates of discount and not so much with the
Bank

Sydney and Queensland

principal

rate,

1876.

fully

yesterday.

Pixley & Abell have issued the following particulars,
relating to the imports and exports of gold and silver
during the

Imports

London Joint-Stock Bank, rate of
per cent; Northwestern

rate of 14

d.

Messrs.

1875.

Bank,

Bank, rate of 8 per cent;. Imperial Bank, rate of 6
per cent; Liv¬
erpool Commercial Bank, rate of 10 per cent. These dividends are

Do
Do

per cent.

Bank

rate,

..

....

© 74 9

standard, last price.
standard. 1 st price.
per cz., last price
Discount. 3

.

©

d.

i%©
3%@

foreign markets
Bank

8.

d.
52 5-16 @
52 11-16®
52
©

9d @£? 0s. Od.

per cent;

Massachusetts 5s

77
78
74
73
76
76

per oz.
SILVER.

Gold...per

The highest
The follow¬
8.

per oz. standard.
per oz. standard.
per oz., nominal.
per oz.
per oz.

Bank, rate of 8

15 per cent ; Colonial

buyers*

improved tone day by day was manifested,
fully recovered. On the 4th June tbe sales
were
postponed until the 11th June, on account of Derby day and
Whitsuntide, and as, daring this interval,prospects of a peaceful
settlement of the Eastern Question at the
Congress, arranged to
be held at Berlin, became more
favorable, thus causing &
generally improved trade in all the manufacturing districts, they
re-opened with a more buoyant tone, and with a brisk
demand, prices for most descriptions steadily
advancing—
eventually reaching l|d. per lb. more than opening rates, or fully
February—March highest quotations, and, in soma cases,
more.
Crossbred wools were again in
large supply, and, being still in
favor for present fashions, sold at
fairly satisfactory prices, consid¬
ering the extremely low rates ruling for home-grown clips.
Medium Australian scoured, fleece washed and
greasy, especially
the sbafty sorts, also medium scoured
Capes and fleeces, showed
the greatest per
centage advance—in many cases 2d. per lb.
Extra superior merino flocks ruled
steady throughout at prices
scarcely on a par with February—March
average
rates.
It is estimated that 155,000 bales were taken
for export, and that
36,000 bales Australian and 8,000 bales
Cape are held over. The
and the decline

an

was

.

59

CHRONICLE.

THE

1878.]

Jolt 20,

20th Aug ust
to present
adviceB the Colonial shipments this season, compared with last
are likely to show a decrease of about 45,000 bales.
The weather has been much cooler this week, but as the wheat
plant is in bloom, it is favorable for the growing crops. A some¬
what increased amount of business has been in progress, but it
has, in maoy cases, been at a further sacrifice on the paFt of
holders.
The weather on the Continent has been fine and har¬
vest work is now making steady progress in the earlier districts.
Tenders were received yesterday for £400,000 Natal Govern¬
ment 4£ per cent debentures.
The applications amounted to
£1,412,000, at rates varying from 924 to 954* Tenders above
£93 3s. received in full, and those at that price will participate to

third series will probably commence on the 13th or
the arrivals to date being 220,500 bales.
According

the extent of 54 per cent.

exeggerated extent. Again, many countries possessing
little capital, instead of being content with
agriculture have taken to creating industries, which they hope to
maintain by the protectionest system.
These countries have not
sufficient men to cultivate their large tracts of land, nor sufficient
capital to extract from the land its full value, and yet the-y have
undertaken to erect at a great expense filatures, smelting furna¬
ces, forges, &c.
The enormous development of military arma¬

the

same

vast

territory and but

ments, which reduces
into account.

the amount.of laborers, must

also be taken

and fortifications must-

The money spent in guns

proportionally decrease the amount applicable to psaceable
According to tho returns, the imports in 1877 were
over £9,000,000 sterling and the. exports about £3,600,000 ster¬
ling less in value than those in 1876. The value of export
had already fallen considerably in 1876 when compared with
1875, and the amount for 1877 is less than that for any year since
1871.
In articles of food the decrease in the value of imports
was irsignificant when compared with 1876, nor was it consider¬
able in manufactured articles.
That in raw materials, amount¬

industries.

ended June 29, the sales of home-grown wheat
in the 150 principal markets of England and Wales amounted to
23,909 quarters, against 21,584 quarters last year; and it is esti¬
mated that in the whole Kingdom they were 96,000 quarters,
ing to over £3,500,000, arose particularly from the reduction in
Against 86,500 quarters. Since harvest the deliveries in the 150 the importation of silk, owing to a bad cocoon season.
principal markets have been 1,764,677 quarters, against 1,864,377
Xujlliti itiaritei ttoports-for Cable.
quarters, and in the whole Kingdom it is computed that they
Theiaily
closing quotations in the markets of London and Liver¬
have been 7,053,708 quarters, against 7,457,500 quarters in the
corresponding period of last season. Without reckoping the pool for the past week have been reported by cable, as shown in
the following summary:
supplies furnished ex-granary at the commencement of the
London Money and Stock Market.—The bullion in the Bank oi
season, it is estimated that the following quantities of wheat and
England
has decreased £354,000 during the
week. Thur.
Fri.
flour have been placed upon the British markets since harvest : .
Wed.
Tues.
Mon.
i
Sat.
During the week

Imports of wheat
Imjjorts of flour
Total....:..

cwt.

47,58 *,463
. 7,202,769

35,443,754

1874-6.
cwt.

cwt. 5

44,5 7, 29 33,776,319
5,32 5,3? 7

5.634,495

32,282.500

33,293,300

43,933,000

»
85,375,237 73,593.784 83,138,00
S 40,502

83.345,814
249,734

773,093

83,8 8,554 72,8.7.683
52s. lid.

Result

1875-6.

5,684,530

1,516,633

Exports of wheat and flour
Aver, price

1876-7.

cwt.

30,583,603

wheat

Sales of home-grown

1877-8.

of Eng. wheat for season J>0s.

lid.

82 297,474
45s. lid.

83,096,080
43s. 7a.

cereal
the United Kingdom since harvest, viz.,

following figures show

The

the imports and exports of

produce into and from
from the 1st of September to the close of
with the corresponding periods in the three

last week, compared
previous years:

IMPORTS.

Wheat

Barley
•

•

Peas
Hcftll8

••••••

•

•

••••

•••••••* •••

..
•

•

•••• • •

•

•

Indian Corn
Flour
*

• • • • ••«

.

•••••••

•••• ••

•

•

•

•

•

•

•• • •

1877-8.

1876-7.

1875-6.

1874-5

47,53),468
11,807,858
10,036, '.25

35,443.754
11,591,928

44,517,329

33,776,319

7,5 6,955

11,857,024

9.347, ’ 35
1.139,957

9,492,853
1,297,686

8,127,2*7
1,551,254
2,469,211
13,766.091

1,5(3.688
2,575,259

3,941,163

3,302.1.67

29,724.543

23.93*, *=9?

7,202,769

5,864,53)

22,193,460
5,325.377

5,631,495

EXPORTS.

Wheat

...

Bar.ey
Outs
Peas

••••

•

•

• • •

• •••••••

Beai s
Iaditn Corn
Flour

mm

•

•

••

19,0*8

27,109

8,314

198,471
186,282
70,679
18,131
2,447

216,69)
75,942

414,5C0
39,Sil

47,527
25,792

46.U3)
51,263

1,440,741

733.265

815,955

54,.'31
98,751
18,743

48.377

84.477

21,156
337,713

22,03!)

34,55

pervaded the stock markets during the week,
but business has not been active.
The tendency has been, how¬
ever, for prices to rise, notwithstanding that the value of money
A firm tone has

improved.
United States Government securities have
advanced in price, and the value of mo3t of the leading railway
Btocks has been improving.
In reference to the state of trade in France, Mr. Adams, in his

has

95 15-16

Console for money.. 96 3-16
44

96 1-16

account.. 96 3-16

tJ.S.es (5-208)
0. 8.10-408
5s of 1881
New 4%s

,

103
111

.107%
1867....107%

ITX
11“%
108%

'109%
106 %

106%

Liverpool Breadstufls Market.—
Mon.

(Red winter)
“
(Av. Cal. white).. “
“
(C. White club)... “
Corn (new W. mix.) $ quar.
Peas (Canadian) $ quarter.
44

“

d.

8.

d

24 6

24,
8
9
10
10
23
34

6

8
9
10
10
23

9
6
0
4
0

34 9

9
6
0
4
0
9

Liverpool Provisions Market.—
d.

s.

d.

s.

72
49
27
36
45
Liverpool Produce Market.—
0
0
6
3
0

72
49
^icwx 27
36
45

Beef (prime mess) # tc. ...
Pork (W’t. mess). ...$ bbl
Bacon (l’g cl. m.)
Lard (American)....
“
Cheese (Am. tine) new 41

8.

d.

0
0
6
3

0

6

8
9
10
10
22
34

9
6
0
3
6
9

Tues.
d.
5 0
10 0

(fine)
44
10 0 10 0
9%
ga!
9%
9%
Petroleum(reflned)...
v
(spirits)..-... “
6% 37 60%
6%
Tallow(primeCity)...$ cwt. 37 6 37 6
6
Spirits turpentine
44 23 6 23 6, 23
40 0
Cloverseed (Amer. red)
40 0 40 .0
i.—
London Produce and Oil Markets.—
44

Mon.

Sat.

£

s.

d.

Lins'dc’ke(obi).$ tn. 8 10 0
Linseed (Cal.) $ quar.
49 0

Sugar(No.l2 D’ch atd)

on spot, $ cwt
23
Snermoil
Stun..69 0
Whale oil
44 .35 0
Linseed oil....TP ton .23 15

30.

d.
£. s. d. £ s.i. d.

8 10 0

49 6

23 6
0 35 0 0
0 23 0 0

6

111%
108%
106%

106%

0 69 0 0

0

9

0
6

23 6
0 0
0 0
0 0

3
5
9

Wed.
d.
0

0

23

40

23

6

0

0

0
5

0
0

0
6

Fri.
Thar.
d. 8. d.
5
0
5 0
10 0*
10 0

6%
6 * 37
23
0
40
0

6/
<y

fi

£0

0

Fri.
£ s. d.
8 10 0
5) ft

23

6
0
0
0

69
35
29

Thur.
£ a. d.
8 10 0

6)
35
29

9%
6&

9%
37
23
40

6
0
0

37

Fri.
d.
72 &
49
0
30 0
37 ft
44 ft
«.

8.

9%
6%

Wed.
£ s. d.
8 10 0
49 6

69
35
29

37

44

s.

5

8.

Thur.
8. 6.
72 0
49 0
29
6

Wed.
d.
72 0
49 0
28 6
37 0
45 0

8.

10

Fri.
d.
24 6
8 99
6
10 0
10 3
22 9
34 6

Thur.
d.
24 6
8 9
9 6
10 0
10 3
22 9
34 9

b.

6
9
6
0

24
8
9
10
10
22
34

s.

5 0

5 0

Rosin (common)... tfcwt..

.

Mon.
b. d.

Sat.

24

Tues.
s. d.
72 0
49 0
28 0
36 6
45 0

Mon.

Sat.

1(8%

108%
111%
108*

Wed.
s.
d.

Tues.
d.
8.

Sat.

Flour (extra Scate)
fllbbl
Wheat (R. VV. spring).$j) ctl

7-:
9-1

95

special report of cotton.

Liverpool Cotton Market.—See
s.

95

95 7-16
93 9-16

95 13-16 95 9-16
95 13-16 93%
K'8%
10S%
11 w
111%
108%
108%
106%
106%

0
0
5

.

23

ft

0
0
5

0
0
0

the Foreign Office on the finances, &c., of France, points
general causes than the disturbed state of internal
politics were at work to produce the unusual depression of trade
which existed in that country last year.
A number of countiies
IMPORTS and Exports for THB Wsek.—The imuorts last.
For instance, W8ek showed an increase in dry goods and a decrease in general
have been accustomed to act like spendthrifts.
The total imports were $4,115,046, against
Egypt, Turkey, Peru and the Argentine Republic have borrowed merchandise.
|5,375,727
the
preceding
week and |3,977,512 two weeks pre¬
very large sums, which they have squandered away without any
vious.
The exports for the week ended July 16 amounted to
sufficient return.
They have bought machines, rails, articles de
$5,413,092, against $5,765,521 last week and $7,107,529 the pre¬
Paris, tissues, &c.; they have given extensive orders, which have vious week. The following are the imports at New York tor
employed hundreds of manufactories and thousands of workmen, week ending (for .dry goods) July 11 and for the week ending
and the transport ot these purchases has occupied a large (for general merchandise) July 12:
FOREIGN IMPORTS AT NEW YORK FOR THE WEEK.
1878.
number of vessels at a high rate of freight. At last, however, a
1877.
1876.
1875.
$060,107
$1,2)6,134
$911,630
time arrived when these borrowers lost credit, and then Europe Drygoods...
$1,442,471
3,154,941
5,463,231
4,430,054
General merchandise...
5,193,758
became the loser in two ways ; she lost the capital she Lad lent
$4,!15,04(>
$6,764,395
$5,371,581
Total for the week.
$6,641,229
and the orders she used to receive.
Again, the numerous railway
148.722,827
176,594,040
159,5^3,757
Previously reported.... 187,458,92)
companies in the United States have constructed a large number
Since Jan. 1
$194,099,255 $161,895,341 $183,358,435 $152,837,873
of lines with European capital, and with it have paid high
In our report of the dry goods trade will be found the imports
salaries to their laborers, who are thus enabled to purchase luxu¬
of dry goods for one week later.
ries,from Europe. But in this case, too," credit eventually
The following is a statement of the exports (exclusive of specie)
from
the port of New York to foreign ports for the week ending
collapsed, and the successive orders which had kept up a fictitious
business in loins and purchases diminished, and finally were July 16:
EXPORTS FROM NEW YORK FOR THE WEEK.
entirely stopped. Europe was again the victim, having gona on
1875.
1873.
1878.
1877.
{5,013,243
$7-1:0,836
$5,154,447 ' $5,413,092
constructing steam vessels of the moot perfect type, as if freights For the week
Previously reported.... lit.942,151
133,9149,128 133,963,430
177,162,596
would continue to rise, and erecting smelting furnaces, as if the
Since Jan. 1.
$132,955,399 $133,120*024 $144,122,877 $152,575,63?
annual construction of railroads was certain to be maintained to

report to

out that more




'

60

THE

CHRONICLE.

The following will show the
exports ot specie from the port of
New York for the week
ending July 13, 1878, and also a com¬
parison of the total since Jan. 1,
1878, with the
totals for
several previous years

July 11—Str. Celtic

1875. ,

Am. fine sil. bars.
Mex. eagles
Mex. silver dels
Mex. silver bars..
Amer. silver bars.
Amer. silver bars.
Amer. silver

Southampton
London

July 13—Str. City of Berlin
July 13—Str. San Jacinto

Liverpool

Nassau

Total for the week
($117,578 silver, and $1,500 gold)
Previously reported ($3,651,-106 silver,
and

8—Sir. Alps.
8—Str. Tybee

9—Bark Jane Adeline
9—Str. San Jacinto
11—Brig E. May
11—Str. Atlas

during the

..

PortoCabe.lo

Amer. gold
Amer. silver

Total for the week
($207,258 silver, and $32,015 gold)
Previously reported ($8,630,316
silver, and $4,510,300 gold)

$7,433,793
2,447,409

1863
1867

4.003.253

July
(»

,

H

$298,000
485.000

V?

44

244,000
351,000
395,000

17
38

41

44

19

Receipts.
V
Coin.
Currency.
Coin.
$620,074 32 $2,182,945 09 $430,733
603,082 91
583,782 12

250,942 39
29
117,678.018 30
117,597,278 79

12
19

468,832 57
736,605 *24

418,231 93
500 231 76

$2,012,030 $2,649,456

Balance, July
Balance, July
From the
we have the

1,591,867 76

256,892 98

239,000

Total

Sub-Treasury

Comptroller

ot the

2,578,705

77

14

225.027 70
272,097 61

1,029,343 87
353,885 17
419,113 81

on

banks

63
09

Currency, Hon.

John

Jay Knox,

the currency
movements and

13,868,000

June 39.

$9,267,700
2,187,750
349,546,400

13,858,000

Philadelphia.
Cincinnati...

27,000

544,700

12,313,537

1,459,620
Gold

redemption from—

747,000
493,000

2,908,000

v

Treasury Movements.—
Treasury—Coin
Currency
Currency held

Balance in

*

V

State Line.—This

2,007,650
1,409,450
1440,124
877,271
322,555.965 323,082,164
1,432,120
1,432,120

10,757,000
5,122,000

9,824,000
7,095,000

1,276,000

1,119,000

6,922,000

5,578,000

$15,755,000 $24,077,000 $23,616,000
156,031,236
1,163,140

for re¬
demption of fractional currency....
10,000,000

Coin and silver certificates
outstanding....

Chicago &

321.709,559
1,432,120
7,711,000

Miscellaneous...-;
Total..

502.655

2,9 5,000
924.000

'v

Chicago

the bonds for these six
months is

$519,580
334,895

Surplus

$184,685

New York Lake Erie &
way
stockholders are now permittedWestern.—By
to

expenses of this company were in
Gross

April:

1817.

earnings

Working

of London,
know what the
earnings and
$1,280,880

;

51
679,016 07

expenses

Net earnings
The n«t
earnings
near

Pittsburg
amounts

to

1878.

$1,127,078

$401,864 44

of the first

seven

exceed those for the

7 per cent.

$352,485; 5

same

period last

The remainder

per cent

$235,328 71

months of the
present

City Debt.—The indebtedness of
$13,642,629. Of this sum, $5,121,300
at

55,044,500

Canada).—A

connection which

year

case

Company

vs.

is thus stated




by

Pittsburg

are

street

follows :
bonds, $1,826,844 ; 6 per
as

bonds, $997,000, and 7 per cent
bonds, $5,345,000.
Portsmouth Gt. Falls &
N. H.;
Conway.—Portsmouth,
July 15.—An attachment has been
made of all the
right,
title and
interest of the Eastern Railroad in
the
cent

capital stock of the Ports¬
Great Falls &
Conway
National Bank of Commerce to Railroad, at the suit of the
recover $100,000 in
The suit is founded on a
damages.
note of the Eastern
Railroad, made
November, 1873, payable in three months.
Pueblo & Arkansas Yalley.—The new
subscription of $770,000, to complete the extension of this
railroad from Pueblo to
Leadville and the San Juan
mining district, and from Canon City
to South
Arkansas, which was opened at the office of the
in Boston on
July 10, is reported as all taken. The road company
is under
lease to the Atchigon
Topeka & Santa Fe Railroad
Company.
St. Albans (Vt). Town
Bonds.—The town of St. Albans
issued its bonds to aid in
constructing the Missisquoi Railroad.
The bonds were sold and the*road
built. Heretofore the
interest
on those bonds has
been regularly voted at
the
meeting, collected and paid. Recently it was annual town
voted that no
farther payments of interest be made
until the affairs of tlie
road
had been exhibited to
the town

Dakota
Kansas
Minnesota
Nebraska
Gand total

1878

$1,461,802
..

2,067,179
1,041.203
620,676

$5,190,860

1817.

$218,378
7:0,700
279,847

Increase in
1878.

$1,243,423
1,356,479

257,407

76!,356
363,269

$1,466,332

$3,724,5.27

—The holders of the Denver
extension bonds of the Kansas
Pacific Railway are
reported to be accepting the proposition of
the committee of nine of the first
mortgage
by de¬
positing their bonds with the United States bondholders,
Trust
the purpose of
Company,
for
purchasingthe road under the

igan Central, now under the control of would replace the Mich¬
Mr. Vanderbilt.
Lafayette Muncie & Bloomington.—A
by A. B. Baylis, Trustee, in the United petition has been filed
pending foreclosure
States Circuit Court in proceedings for the purpose of re-construction.
The eDgraved
Indianapolis, asking for a judgment of foreclosure
of gale of the
and an order receipts for the bonds and certificates are now
ready, and it is
stated by the committee, of which
property under the first mortgage for
Louis H. Meyer is
$1,500,000.
that over $2,000,000, out of a
chairman,
Louisiana state Bonds.—The
total issue of
Supreme Court decisions of bonds, are either
$6,250,000
of the
the 10th were
referred to in the
deposited or in transit for deposit.
Chronicle last week.
affirmed judgments .in the
—The Kansas
They
New Orleans Pacific
City Water-Works Loan brought out
pany mandamus vs. Governor
by Messrs.
Railway
Com¬ Donnell, Lawson &
Nicholls
and
Co., Bankers, 92 Broadway, is reported
iana Levee
others, and the Louis¬ them as in fair
by

latter

Auditor Jumel.

The
history of the
by the New Orleans Times:
:
i

80

891,755 09

selectmen, and they declined to
the interest due July 1.
189,708,021 197,415,133
Sales of U. S. Public Lauds.—The
3,094,748
2,653,479
following is a comparative
statement of the
disposal of public lands in Dakota,
Kansas,
Minnesota
and
10,000,000 10,000,000
Nebraska, in the fiscal years ending June 30,
and June 30, 187S :
1877,
52,823,640
45,829,600

Montreal
said that the
general manager of the Grand dispatch of July 9th
Trunk Railway had
been successful in his
mission to
money to build some fifty miles of England, which was to raise
road, which, with other
would form a western
lines,

,

on

pay

company hat
the purchasers of the
uy
Chicago
& Southern road at
sale, and has filed articles of
foreclosure
incorporation at Illinois. The
tal stock is to be
capi¬
$5,000,000.

Grand Trunk (of

The interest

mouth

412,4S0

11,550,903 11,491,732
1,167,696
35,318,984 35,318,934
outstanding.. 346,631,016 346,631,016 35,318,934
346,681,016

outstanding—Currency...

991,857

earnings...

4 per cent bonds

under that act to date
Total amount of
greenbacks

National Bank Circulation.—
New circulation issued
Circulation retired
r..

$1,511,438

improvement bonds

20,

deposit, including liquidating

Notes received for
New York
Boston

Net

$579,664 03.

Retired under act of
January 14, 1875
Total retired

Totalcirculation

Gross earnings
Expenses

19
22

87

13,445,000

act of June

89

The sale in

property covered by the first
mortgage executed
by the old New York & Boston
Company.
Pittsburg Cincinnati & St. Louis.—The
following is an
approximate statement of results of
operations for the six months
ending June 30, 1878 :

46,988,996 27

—

1874

2,288,621
326,388
485,542
444,925
635,578

was

financial

past:
77.S. Bonds held as
security from Nat. B'ks.— April 30.
Bonds for circulation
May 31.
deposited
$3,638,000 $4,235,000
Bonds for circulation
withdrawn
2 262,400
Total held for circulation
2,780.400
347,711,850 349.166460
Bonds held as security for
deposits

Legal Tender Notes
Deposited in Treasury under

Currency.

#9( 8,816 83

brought by the Banque
Franco-Egyptienne.
of the

1876

$8,142,788 55 $2,730,201 30 $5,139,873 05
41,986,0*0

following statement of
Treasury balances for three months

Total now

have been

,

Customs.

13......

15

1,606,975

....

follows:
,

$3,348,156
7.317,101
9.747.100

2,736.845
The transactions for the
week at the
.

gold)...$13,379,917

1870
1869

2,853,156

8,000

in—

1871...

2,680,122

.

ate bonds.
New York Boston &
Montreal.—In accordance with an
44,718 of
the New York
20,0 0
Supreme Court, the Farmers’ Loan & order
Trust
460
Company has conveyed all its interest and
title,
as trustee, in the
1,300
property bought in by it at foreclosure sale in
160,(28 Baltzer
1876 to Herman R.
and Win. G.
50J
Taaks, receivers appointed some time
the
suit
ago in
4,015

1239,471
13,140,646

and $1,512,315

Same time

7,887.147

1874
1873
1872
as

($8,837,602 silver,

case

$550

Amer. silver

Foreign gold

Total since Ian. 1, 1873
Same time in1877

company.
The effect of the decision
in the N.*'Orleans
Pacific Railway
is that the road must make
its bonds in the
before the Governor will issue
required form
S

periods have

same

Foreign diver....
Port-au Prince. ..Amer. silver
Foreign silver....
Foreign
gold
Havana

July 12—Str. Niagara

Company against tlie State for $1,704,55*
pending on appeal to the Supreme
Court, Judge Monroe
having given judgment against the
is still

57,509,316
33,774,091
49,719,151

.

was

The suit of the Levee

13,212,126

.Amer. silver

Iloilo

7,000
'10,000

$49,833,757
27,027,185

A spin wall
Porto Plata

Nassau

21,135
30,000

gold)... $8,853,454

I

Total since Jan. 1, 1878
($3,772,041 silver, and $",031,410
Same time In—
1
Same time in—
1877
I 1871
1876
1 1370
1875
1869.
1874
./... 32,162,324 1 1868
1873
36.713.769 j 1867
1872
1366

July
July
July
July
July
July

1,503

38,413

$119,078
6,734,376

$5,07 V-’IO gold)

The imports of
specie at this port
been as follows :

$11,000

.

This suit

brought under the provisions of act No. 189 of
1877, which abolished the Levee
Comp my but allowed it to sue
the State for
any claim it might have. The
same
that ‘
pending the suit authorized to be instituted act provides
Louisiana Levee
by the said
Company, the proceeds of the collection
of levee
taxes hitherto
assessed, and the one-third of the tax of
1878 as
herein provided, shall be
paid oyer to said company as author¬
ized by
existing laws.’ But Auditor Jumel refused to
any taxes to the
pay over
company, after the decision
against it by Judge
Monroe. The
company thereupon asked for a
mandamus—rin the
same Court—to
compel the Auditor to pay over the taxes
ed, which Judge Monroe granted and
collect¬
made peremptory.
that decision Jumel
appealed, and it is his mandamus case Ifrom
was decided
that
by the Supreme Court,
Wednesday, affirming Judge
Monroe’s decision.”

corresponding

:

Liverpool

July 13—Str. Mosel

**

fVcL XXVII.

demand. It bears 7 per cent interest in
gold, and
has 20 years to run.
Messrs. D. L. & Co. now offer the bonds
at
par and accrued interest.

61

THE CHRONICLE.

20, 1878.J

July

NATIONAL

{tankers’ dinette.

i’hc
No National

The following

dividends have recently been

When
Payable.

Per

Cent.

Name op Company.

Railroads.

Burlington & Mo. River in

Neb

Louisville A Nashville
Mill Creek A, Minehill Nmv. A
Mount flsirhon A Port Carbon

Mobile & Montgomery
North Penn ylvania (in conv.

..

RR

$2

Aug. 1.
On dem.

5
6

July 18.

scrip)

“

...

On dem.
On dem.

5

4

Aug. 1. July 25 to Aug. 1.
July 52.

5

On dem.

10
10
5
10

On dem.
Aug. 1.

Atlantic

Commercial Fire

■

Exchange Fire
Fairfield Fire
Home

■

Mechanics1 & Traders’ Fire

Rutgers I ire

Westchester Fire
Williamsburg City Fire

Aug.

•

.

Legal tenders
•

Overdrafts

•

"

•

...

•

.

M.

Financial Situation.—There lias

no

and

^

desire them.

Could all the

is an important one, as no one may
silver dollars coined this year be used exclusively for the payment
of the salaries of those Congressmen who voted for the
the law then be repealed by Congress next winter, we
have a just and happy deliverance
■unwholesome and unnecessary legislation.
In the New York money market call loans have

bill, and
might

from the evils of that most

2}' per cent, and prime
per cent.

to

ranged from 1
sliort-date paper sells readily at 3@4

England on Thursday showed a loss of £354,000
specie for the week, but an increase of reserve to 34$ per cent
liabilities, against 33$ per cent the previous week. The dis¬
count rate is unchanged at 3£ per cent.
The Bank of Fiance
showed an increase of 026,000 francs in specie^ ’
The last statement of the New York City Clearing House banks,
issued July 13, showed an increase of $2,679,900 in the excess
above their 25 per cent legal reserve, the whole of such excess
being $23,252,025,. against $20,572,125 the previous week.
The following table shows the changes from the previous week
and a comparison with the two oreceding years : The Bank of

in
of

Loans and dis.

Circulation

Differ’nces fr’m

July 13.

previous week.

..

deposits
Legal tenders.
.

Inc.
Dec.
Inc.
Inc.

22,048,600
19,522,100
217,411,500
55,556,300

1,628,600
301,800

3,594,800
1,950,000

.14,714,700

.$1,774,200
$164,252,400 Inc
610,300
8,517,500 Inc.
100,500
24,300,000 Dec.
Inc. 7,920,200
22,412,100 Dec. 127,600
1,484,400
35,800
9,455,100 Dec.
913,000
1(5,100,900 Inc.
4,712,400 Inc. 340,600
13,859,800 Dec.14,225,700

46,945,300
119,400

Inc.
Dec.

17,662,600
.16,600

.14,714,700

active busi¬

Bonds.—There has still been an

in governments, and this week the purchases by larger
buyers, chiefly corporations, has been one of the features of the
market. It was also noticed that the foreign bankers were selling
bonds for London account early in the week, and probably sold

yesterday and to day they
in Lon¬
reported
free, but
and still
more those who have ten-forties or fives of 1881, should remem¬
ber that it will take a long time at any ordinary rate of selling 4
per cents before their bonds can be paid off. Some holders of the
issues just named have at'times showed an unseemly haste in
their efforts to change off their bonds, and a wrord of caution in
this respect may not be out of place. '
The Secretary of the Treasury has issued the sixty-second call
for the redemption of 5-20 bonds.
The call is for $5,000,000, to
be paid off the 17tli day of October next.
The following are
much

1876.

1877.

July 15.

July 14.
18,887,800
15,668,400
229,088,300
58,809,200

22,440,100
15,442.300
224,167,500
51,677,500

as

$2,000,000 in amount, but

have sold hardly any, alnd bonds are now
scarce
don.
The sales of 4 per cent bonds by the Treasury are
holders of five-twenties of 1867-8 and sixes of 1881,

descriptions of the bonds:

the

68,000,
Nos.
76,201 to 79,500, Both inclusive; $1,000, Nos. 140,001 to 145,000, Both
inclusive. Total coupon Bonds, $2,500,000.
Registered Bonds as follows: $50, Nos. 2,251 to 2,300, Both inclusive;
$100, Nos.17,851 to 18,250, Both inclusive; $500, Nos. 10,451 to 10,550,

Coupon Bonds dated July 1,1865, namely: $50, Nos. 65,001 to
Both inclusive; $100, Nos. 110,001 to 114,000, Both inclusive; $500,

Both inclusive; $1,000,
Nos. 9,251 to 9,650, Both

inclusive.

Nos. 34,401 to 35,200,

Both inclusive; $5,000,

inclusive; $10,000, Nos. 17,731 to 18,463, Both
Total registered Bonds, $2,500,000. Aggregate, $5,000,000.

Closing prices at the N.

Y. Board have been as follows:
July

Interest
Period

13.

July

f” July
15.

-16.

July

July

July-

17.

18.

19.

107*2

107*4

107%

107*2
1881
reg. J. A J. *107*8 107%
107% 107*2 107% *107*4
coup. .1. A J. 107*8 107%
1881
102*2 *102*2 *102%
5-20s, 1865.. .reg. J. A J. 102*o *102*2 102% *102
*102 *2 102%
102*o *102*o *102*2
J.
A
J.
5-20s, 1865 .coup.
10534
106
100
106*8 106*8 106
A
J.
J.
5-20s, 1867...reg.
105*8
106
106*8 106% 106
5-20s, 1867 .coup. J. A J 1057s
10734 *107*2 107%
108
5-20s, 1868...reg. J. A .1. *107*2 *107*2
*108
108
•'■108
5-20s, 1868 .coup. J. A J. 10S*s 108*4 103*8 *109*8 109
*109
*109
*109
109*8
M.
A
8.
10-40s
reg.
109
M. A S. *109*8 109*8 *109*8 *109*8 109*4
10-10s
coup.
106*8 106*8 *106%
106
106
105%
fund., 1881...reg. Q.-Feb.
107*8 107*4 107%, 107*4 107%
5s, fund., 1881..coup. Q.-Feb. 107
104% 104% 104% 104%
104*2
10438
4*28, 1891
reg. Q.-Mar.
104% J104 *2 104*2 ”104*2
4*gs, 1891
coup. Q.-Mar. 104% 101%
100*2 100*2 *100% 100% *100%
4s, 1907
reg. Q.-Jan. 100%
*100% 100% |*100 *2 100*2 100*2
100%
Q.-Jan.
4s, 1907
coup.
120*2! 120% 120*4 120
6s, cur’cy, ’95-99.reg. J. A J. *120*o *120*2
This is the price Bid; no sale was made at the Board.
The range in prices since Jan. 1, 1878,
class of bonds outstanding July 1, 1878, were as follows:
Amount July 1.
Range since Jan. 1, 1^78.
*

6s,
6s,
6s,
6s,
6s,
6s,
6s,
6s,
5s,
5s,
5s,

*

and the amount of each

c*p. 105*8 FeB. 25 11034
6s, 5-20s,’65.cp. 1023s July 1 105*8
6s, 5-20s,’67.cp. 105 FeB. 6 108*8
6s, 5-20s,’68.c*p. 10634 Jan. 2 111*4
5s, 10-40s...cp. 1037a Mch. 1 109*4
5s,fund.,’81.cp. 102 34 FeB. 25 10738
4*28, 1891 ..cp. 101% Mch. 1 10478
102 \
48,1907
cp. 100*4 July 1
6s, cur’ncy.reg. 117*4 Apr. 5 122*8

6s, 1881

State and

Coupon.

Registered.

Highest.

Lowest.

$234,120,100 Dec.$2,395,900 $252,452,700 $252,361,100

Specie
Net

1878.

Inc

ness

special subject of interest this week in financial circles,
the activity of business transactions during the past few days
lias been materially interfered with by the oppressive heat.
The
practical topics which continue to be the principal themes of
discussion on Wall street, are the prospective operations of the
Treasury in regard to gold and silver payments, the gen¬
eral
conditions of the maturing crops, and the probable
course
of
railroad securities under Mr. Vanderbilt’s new
departure in getting control of the parallel lines to the
northward of Lake Shore.
It - is now generally believed
that there will be no further resumption August 1, than
that which we referred to last week, namely, that Secretary
Sherman may authorize the payment of gold on certain classes of
government disbursements. Already, the Washington dispatches
say—“The United States Treasurer has written to the assistant
treasurers, authorizing them to use the standard silver dollars in
their vaults in payment to persons presenting checks, to persons
desiring them upon disbursements of pay-rolls, and in exchange
in moderate amount for greenbacks and national bank notes, and
for payment in lieu of one and two dollar notes.”
The limitation
of payment on pay-roll disbursements “ to persons desiring them,”

been

Dec.
$100,000
Dec.
487,100
Dec.
184,100
Inc. 2,846,500
Inc .11,937,400
Inc.
702,000

$297,444,600 $312,159,300 Inc

Totals
United States

as

Market and

28,085,500
29,282,700
136,000

Specie

v

FRIDAY, JULY 19, 1878-5 P.
Tlie Money

14,491,900
1,612,000
9,490,900
15,187,900
4,371,800

.

1.

On dem.

$297,444,600 $312,159,300

;

Other stocks, Bds. A morts.
Premium on stocks
Real estate.
Due from Banks
Cash items and Bank notes.

July 22 to July ol
Aug. 2 to Aug. 9.
July 21 to Aug. 5.
July 21 to Aug. 5.

5
8

Insurance.

412,000

Resources.
Loans and discounts
$162,478,200
U. S. Bonds on Band
^
7,907,200
U.S. Bds to secure eircii’at’u
24,400,500

July 21 to Aug. 3.

SI 40

'JO cts.

...

Totals

July 31.
Aug. 2(5.
Aug. 5.
Aug. 5.

2

Schuylkill Nay. & RR. com. (scrip)..
pref. (scrip)..

Books Closed.

(Days inclusive.)

74,016,500
137,538,300
1,114,000

125,600,900

depositors
Unpaid dividends

Julv 18.

2% gold

20,450,200
71,170,000

Due

announced :

Comparisons.^

29, ’78.

$55,900,000 $55,800,000
23,904,900 23,417,800
20,272,100

Circulation
Due Banks

DIVIDENDS.

June

May. 1, ’78.

Liabilities.

Capital
Net profits

during tlie past week.

Banks organized

BANKS.

$194,938,950

$87,797,400
55,408,700

106,037.800
15,955,000
3j 144,280,800
17/ 234,035,250
24 150,772,150
69,749,550
9j
25: 64,623,512

204,578,500

June 27
June 6

51.447,350

June 27
June

July
July
May
Jan.

May

281

Railroad Bonds.—There

21,510,300
50,285,500
274,405,100

89,227,850
29,100,450

has been little movement

and no great change in prices.
Railroad bonds have been well maintained on
tions, and the prices of all bonds which are above

in State bonds

small transac¬

the shadow of
doubt rule at comparatively high figures.
In
view
of the slight
The following statements show the summaries of the New York
uncertainty about the relative prices of gold and silver in the
City banks as reported by the Clearing House—State banks on the future, it would not be strange if a decided preference should
22d of June, and National Banks on the 29tli of June.
spring up for bonds payable by their terms in gold. A sufficient
STATE BANKS.
reason for this would be found in the fact that investors habitu¬
a

Mar. T6, ’78.

Liabilities.

Capital
Net profits
Circulation

Unpaid dividends...
•

Totals

.

Doans and

discounts

Specie
Legal tenders
Overdrafts
Totals




•

Comparisons.
$102,400

ally dislike uncertainty.
Messrs. A. H. Muller & Son sold at auction the following
securities, seldom or never sold at the Stock Exchange:
Bonds.
Inc.
Shares.
757,500
9,000 Wms’Burgh Gas scrip. 95*4
Dec. 1,570,900
20 Metropolitan Gas...
...135
700
People’s
of
Gas,
Dec.
24,700 20 Shoe A Leather Bank
105*8
Brooklyn, scrip.
65*2
24 Seventh Ward Bank
76
2,000
State
Canal
Debt,
N.Y.
Phenix
Bank
7734
Dec. $637,200 40
due 1891
120*2
50 Irving Bank
11234 3,000 6s,
No. Carolina 6s, issued
5 Merchants’ Exchange Bk
73

Dec.

$12,272,800

29.979,600
84,400

28,408,700
59,700

$51,038,200

$50,401,000

$33,361,900

$31,969,200 Dec.$l,392,700

Resources.

Otlier stocks,b’ds and mtgs.
Due from Banks
Real estate
Cash items and Bank notes.

22, ’78.

$12,375,200
4,372,500

25,300
4,201,200

.

Due Banks
Due depositors

June

3.539.100
2.825,300
1,417,600
232,500
4.722.100
4,925,000
14,700

$51,038,200

4,075,800
25,300

4,958,700

3,894,200
2.752.100
1,506,800
255,300
1.329.100
8,684,500
9,800

Inc.

303,300

—

Inc
Dec.
Inc.
Inc.
Dec.
Inc.

Dec.

355,100
73.200

89.200

22,800
3,393,000

3,759,500
4,900

$50,401,000 Dec. $637,200

.

25
18
20
10

Bank of New York

102*3

Manhattan Company...... 139*8
149*2
Fulton Bank
Manhattan Fire Ins. Co.. 103
80 U. S. Fire Insurance Co... 134*2
40* Lorillard Fire Iiis. Co
82
4 Bank of the $tate of N. Y\103
Bonds.

$S00 Mctropol’n Gas

scrip.104*2

to No.

Carolina RR.

Co., July, ’75,coups

on’ 36

bonds for $5
2,000 St. L. A I. M. RR. (Ark.
Br.) 1st mort. 7s, gold,
2,000 Mariposa Co.

each Bond having a
funded certificate for

and four halfpaid coupons attached
$105

67^i»

X

62

THE

Closing prices for leading State and Railroad Bonds

weeks past,

and the range since Jan. 1, 1878, have been

States.

Louisiana consols
Missouri 6s, ’89 or ’90
North Carolina 6s, old
Tennessee 6s, old
Virginia 6s, consol

July

July

12.

19.

CHRONICLE.

for two
follows:

as

columns under the

Highest.

77 lo
7734 69 34 June 8 85
*104% *106
104% July 5 108
15
*1534 *15
Meh. 29
IS
*35
*36
33^2 Jan. 4 39%

heading “Jan. 1

to latest date” furnish the
and including, the period men¬

gross earnings from Jan. 1 to,
tioned in the second column.

Range since Jan. 1,1878.
Lowest.

[VOL. XXVII.

-—Latest earnings reported.—>Jan.lto latest date.—s
or Mo.
1878.
1877.
1878.
' 1877.

EARNTNGS.
Atch.
Atl.

Feb. 11
June22

Week

Top. & S. F.Juue
Qt. West...April

$251,000 $185,731 $1,498,383 $1,036,671

276,372 303,142 1,108,863 1,103,574
125,208
123,614
641,716
628,109
May 25 Bur. C. Rap. & N.1st wk July
20,313
15,966
813,844
444,614
May 14 Burl.& Mo.R.in N.May
145,754
56,430
641,491
344,672
*70
*70
Cairo & St. Loins. June
18,160
do
19,984
do
2d series..
103,357
123,741
*28k> *27
30
July 16 30
Central of Iowa..May'
Jul}'
16
62,842
Dist. of Columbia, 3-65s
45,355
*83%
83% 74
June 10
Apr. 12 85
Central Pacific...June
1,460,000
1,484,232
7,883,363 7,838,705
Railroads.
Chicago & Alton. .2d wk July 112,366
91,520 2,179.929 2,194,467
Central of N. J. 1st consol
90
64% Meh. 4 90
Chic. Burl. & Q...May
July
11
1,275,516 917,447 5,520,700 4,514,313
Central Pacific 1st, 6s, gold.. 105% 106
103% Jan. 15 108% June 28 Chic. Mil. & St. P.2d wk
July 138,000 122.032 4,546,000 3,202,842
Chic. Burl. & Q. consols 7s... 312
Jan.
2 113% June 15
"112% 109
Clev.MWV.
D .June
&
28,295
35,196
Chic. & Northwest, cp.,gold.. 101 % 101%
179,126
184,660
91% Jan. 14 103% May 31 Dakota Southern.May
19,039
Chic. M.& St. P. cons. s. f. 7s.. 100% 100%
16,347
86,344
65,724
91% Jan. 5 102 34 May 25
Denv. & Rio G... 1st wk July
23.308
15,068
Chic. R. I. & Pac. 6s, 1917... 107% 108% 106
460,013
321,205
5 110% June 28
Jan.
Detroit & Milw...April
77,364
Erie 1st, 7s, extended
76,636
*116
116
110
Jan.
7 116% July' 8
Dubuque & S.City.lst wk July
Lake S. <fc M. S. 1 st cons., cp.. *110
13,184
12,218
499,434
376,970
*111
109
Jan. 10 112% May 27
Erie
April
1,127,079 1,280,881 4,699,716 4,543,607
Michigan Central consol. 7s.. *110
111% 105% Jail. 5 112
Gal. H. & S. Ant..May
July
3
88,254
Morris & Essex 1st mort
66,478
443,975
370,331
119
*118
115% Jan. 5 120
Apr. 29 Grand Rap.&Ind.April
106,922
N. Y. Cent. & Hud. lst,cp
97,238
365,975
337,399
*118
118
Jan.
7 122
June 26
Grand Trunk .Wk.eml. July 6
143,574- 162,511 4,493,751 4,489,418
Ohio & Miss. cons. sink. fd..
*98%
98% 95% Feb. 20 102% June 27 Gr’t Western .Wk.end. July 5
81,819
Pitts. Ft. Wayne & Chic. 1st.. *118
81,225 2,283,419 2,076,057
"118
118
Feb.
8 121% June 13
111. Cent, (lll.line).June
406,939 386,905 2,451,671 2,174,750
St. Louis &-Iron Mt. 1st m
*108% '10S% 103
do
Apr. 5 109% May 24
Iowa lines. June
115,020
Union Pacific 1st, 6s, gold.... 106
95,257
748,766
599,373
105% 103% Jan. 7 108% June 28
do Springf. div.June
14,151
do
88,371
sinking fund
10434 104
92% Meh. 6 105% July 9
Iudianap. Bl. &W.lstwk July
18,256
*
16,370
632,563
595,760
This is the price bid; no sale was made at the Board.
Int. & Gt. North. .1st wk July
15,797
18,995
598,475
678,724
Kansas Pacific.. .1st wk July
Railroad and miscellaneous
60,544'
68,283 1,496,519 1,414,328
Stocks.—The week has been Louisv.Cin.tk Lex.
April
64,761
72,997
274,445
306,570
comparatively dull in the stock market, and during the past two Louisville & Nash.May
393,000
384,942 2,099,713 2,044,109
days many brokers and operators have been absent from the city. Mo. Kans. & Tex .June
207,514
258,123 1,255.760- 1,430,933
Missouri Pacific..April
Prices are, as a rule, steady, in the absence of
334,535
332,169 3,272,662 1,193,541
any particular Mobile & Ohio....May
104,231
influence either on the bull or bear
95,401
846,093
737,900
side, and nothing of more Nashv. Ch.& St.L.May....... 124,837 128,647
730,140
693,555^
direct bearing upon the market is talked of than the
Pad.&Elizabetht. 1st wk July
7,085
5,237
crop pros¬
:
pects, the coal trade, the ultimate effect of Vanderbilt’s move¬ Pad. & Memphis.. June
14,329
12,611
100,397
86,310
Phila. & Erie
May
238,024 260,591 1,042,628 1,139,159
ments, and other matters of the same general sort. At the Phila, &
Reading.May.
1,387,329 4,171,768 5,193,975Saratoga conference it was announced that the Great Western of St.L.A.&T.H. (brs) 1st wk July 1,286,015
7,310
7,354
230,573
245,845
Canada accepted Mr. Vanderbilt’s
St. L. Iron Mt. &S.lstwk
68,900
73,745 1,936,968 2,005,886
proposal to refer the question St, L. K. C. &No..2d wk July
of a division of
July
-50,475
56,433
1,613,004 1,508,888
through business between the Canada Southern St. L. & S. Frail.. .2d wk J’ne 17,966
22,840
and Great Western roads to Colonel Thomas A.
491,919
56,876
Scott, of the St. L. & S.E.(St.L.) June
47,038
43,103
286,462
275,744
do
Pennsylvania road. This naturally adds to the “harmony” of
(Ken.).June
26,767
' 24,443
160,868
141,643
do
(Tenn.). June
affairs.
13,104
11,697
81,920
70,118
St. Paul &S. City. May...'...;
58,131
At the present
37,827
238,379
167,298'
writing there is little to be said of the stock Scioto Valley
June
27,576
117,714
market, and as to special events there has hardly been an occur- Sioux City ASt.P. May.......
33,215
18,108
149,810
92,07S
l’ence of
SI,769
any importance except the notice by Pacific Mail of a Southern Minn...May
36.2S9
320.359
172,072
Tol. Peoria <fc War. 1st wk July
19,071
termination of its contract with the Pacific railroad
.14,743
632,113
513,246
companies. Wabash
IstwkJuly
65,167
62,932 2,274,786 2,122,002
In the later dealings
to-day prices were about steady on a small Worth’gt’n& S. F.May.
10,019
1,524
36,757
7,116
business.
Tlie Gold Market.—Gold
has been a trifle firmer, and sold to¬
The daily highest and lowest
prices have been as follows:
day at 100|@100f. It may not be improbable that the premium
will rule a little firmer If
Saturday, Monday, Tuesday, Wedn’nd’y Thursday, Friday,
five-twenty bonds are rapidly called in.
July 13.
July 15.
July 16.
July 17.
July 18
On gold loans the
July lrf.
borrowing
rates to-day were fiat to 1 per cent,
C ntral of N.-h 38W 40M 40% 42
and tlie
40% 41% 40% 41
39
38%
40%
carrying
rate
1
Silver in London is quoted at
per
cent.
.39%
Chic. burl.A Q. 112
112>*' 112% 114% 113% 114 112% 112% 112
112
113 • 113%
52£d. per oz.
C. Mil. & St. P. 51% 53^1 51% 53
51% 52% 50% 52% 49-% 51% 49% 51
do
pref. 82% 83% 825,4 83% 82% 83
The range of gold and clearings and balances were as follows :
82
83% 81% 8,% 81% 82%
Chic. & North. 50% 51% 50%
51% 504$
50% 51% 48% o0% 49
50%
do
pref.
78% 77H4 78H 71%
77% 78% 76% 77%
78%
C. K. I. & Pac.. li3*
Quotations.
ir>
*15 ^ 115% 1148, 115
Balances.
Gold
114% 114% *114
114%
Del.& H. Canal 57% 58% 58% 59
58% 58% 58% 58% 58
53'
o8%
Clearings.
Pel.
Open Low.
Clos.
Atlantic

Miss.&O.May

...

'

Ji'4

Lack.& W

59% 60%

60% 61%

Erie
16% 16% 16% 16%
Han. & St. Jo.. *11% 12
11% H%
do
28
pref. *27
*27% 2S
Illinois Cent... 86% 86% 80%
86%
Lake Shore
61% 62% 02
023*
Michigan Cent 66% 67% 07% 6734
Morris <fc Essex 84
84% 8434 84%
N.Y. C. & H. i
109% 109% 109% 1!0
Ohio & Miss...
7H
7%
7%
7%
Pacific Mail.... 17% 17% 17%
17%
..

.

Panama
12H% 130 *120%x
Wabash
13% L% 13% 13%
Union Pacific.. 02% 63
62% 62%
West. Un. Tei
89% 90% 90% 91
Adams Exp.... *104% 105
104% 104%
American Ex.. 47-% 47fc
47% 47%
United States *47% 48% 48
48
..

.

Wells, Far^o..
Quicksilver....
*

91% 91%:

92
13

00% 01% 00% 01% 60%
15% 10% 15%
15%
*11% 31% *11% 12
11% n%
*27
*27%
*27%
*‘6
87
80% 80% 86'4 80%
02
02% 02% 02% 02% 02%
07% 0T%
07% 07% 07%
85
84% 85
84% 84%
109% 109% 109% 109% 109% 109%
8
7%
8%
7%
17% 17%
17% 17% 17%

8*

g*

*125

13%
03

90%
*04%
*47
*44

92

*91%
13
14>i, |
14% *13
do
pref. *31% 35 | *31% 33%j*32
These are the prices bid and
asked;
-

_

127

13%
03%

13% 13%
03% 03%
90% 9.!%

H% 11%
27% 2?&

Central of N. J
Chic. Burl.cfc Quincy.
Chic. Mil. &St. P

14% 14% 14%
03% *02% 63%
91
90% 90% $0% 92%
105% 105 105
105
104% 105
105|1
48
47% 47,% 41% 47% *47% 48
48% 48% 48% *47% 48
*47% 49
93
01% 91% 92
92% 92%
5
13
13
*13%
113% 13%
33
33
31
*32%
*32% 33%
no sale was made at the Board.
,

20,055
5,662

Chic. Rocklsl. & Pac.
Del. & Hudson Canal
Del. Lack. & Western
Erie
Hannibal & St. Jo.
do
do pref.
Illinois Central
Lake Shore.«

610

•20,950

Michigan Central....

4,500

133,415
do
do pref.
22,325
Chicago & North w... 53,175
do •
do pref.
44,160
2,218
61,215
387

..

Morris & Essex......
N.Y. Cent. & Hud. K.
Ohio <fc Mississippi...
Pacific Mail
Panama

100

480

07,055
3,232
1,641

2,800
4,133
.

Wabash
Union Pacific.
Western Union Tel...
Adams Express
American Express..
United States Exp...
Wells, Fargo & Co...

Quicksilver
do

•

pref

225

3,300
2,156

47,184
82
00
15

Lowest.

Low.! High.

13% Jan. 2 4514 July 11
9 9 *4 Feb. 28 11434 July 15
36
Jan.
2
547a July 8
68*8 Jan. 30 8434 July 9
33% Feb. 11 5514 Apr. 17
50% Feb. 9 79% July 11
08 % Jan. 15 119% June 7
45
Jan.
5
5978 July 10
4638 Meh. 5 61% July 10
7% Jan. 5 17% June 5
10
Feb. 28 1334 Apr. 16

21% Feb. 28

3134 Apr. 16
87
July 11
69% Apr. 15
72% Apr. 18

72% Feb. 14
55 78 June 29
58% Jan. 3
673s Feb. 28 89
June 10
103 34 Feb. 11 112
June 11
6% June 29 11 *4 Apr. 15
14% June21 237eJan. 16

112

Jan.

5 131

1218 June 26
62% July 13
75% Feb. 13
98
47
4 6

Feb. 25

2038 Apr.
73

82% Jan.

7

200
300

13

20% Feb.

2

July

5

95

37%
11S78
42%
73%

.43%
69%
105%
74%
77
15

15%
33%
79

733s

74%
92%
109%
1138

26%
130

5

Meh. 20

92% Julyr 19
Jan.
8 105
July' 17
June 14 52 % May 8
Jan. 22 5134 Feb. 25

385

1877,

Whole yea 1*
1877.

Highest.

June 5
19% Feb 25
37
June 15

"73”
84%
105

60%
5934
90
24
45

The latest railroad
earnings and the totals from Jan. 1 to latest
dates are given below.
The statement includes the
gross earn¬
ings of all railroads from which returns can be obtained.
The




100%

100%; 100% 100%

This week 100%

100%! 100% 100%

$63,986,000

07%

Prev. w’k 100% 100%; 100% 100%
S’ce Jan. Ijl0278 100%! 102% 100%

The

following

Sovereigns

are

Napoleons

3 92

X X Reiehmarks.
X Guilders

958.500

4 75

3 90

Span’ll Doubloons. 15 65

@$4 92
,

4
@ 4
@ 4
@ 15
@15
@

00

81
10
80
70

Mex. Doubloons.. 15 50
Fine silver bars
115 @
115%
Fine gold bars....
par.@%prem.
..

964,040
1,428,454
2,127,933
1,609,310
990,493

1,420,000
2,114,858
1,551,081
984.500

72,213,000 $1,480,000 $1,488,356

quotations in gold for various

$4 89

Currency.

$12,060,000 i$2,363,247 $2,375,604
8,603,000
11,300,000
13,849,000
11,097,000
7,077,000

62% 62%

81% 84%
109% 109%
*7%
17% 17%

Gold.

100% 100% 100% 100%
100% 100%; 100% 100%
100% 100%: 100% 100%
100% 100%100% 100%
100% 100% 100% 100%

*86

Total sales tliis week and the
range in prices since Jan. I,
follows:

Shares.

10

14%

Jan. 1, 18'78, to date.

High

61%

10

‘

were as

Sales of
Week.

,

S?*

67

n

coins:

Dimes & % dimes. —
Silver %s and %s. —
Five francs
.'..—
Mexican dollars..
English silver
4
Prus. siiv. thalers.
Trade dollars
New silver dollars —
—

....

—

—

Exchange.—Foreign exchange

98

@

—

98%®

—

93

—

@

98%
98%
94%

90 %@ — 91%
75 @ 4 85
63 @ — 70

98%@

—

98%

99 %@

—

par.,

reduced 1 point on Mon¬
day and Tuesday by tlie leading drawers of sterling bills, and '
rates remain nominally at the same
figures, viz.: 4.83£ for 60 days
and 4.80£ for demand, but actual business is done at a
concession
of
to £ from these prices.
Business is very dull.
In domestic bills the
following were rates on New York to-day
at the undermentioned cities:
Savannah, .buying £ premium, sell¬
ing i Premium J Charleston, easier, •&(<?£ premium; New'Orleans,
commercial 3-16, bank £ premium
? Chicago, 60 premium; St.
Louis, 75 premium; and Boston offered at par.
Quotations for foreign exchange are as follows:
was

MZ

,

July 19.

60

Prime bankers’ sterling bills on London.
Good bankers’ and prime commercial...
Good commercial

Documentary commercial

1878.

4.84

@4.82

94%@
94%@
94%@

.

94%
9 1%
94%
94%

days.

@4.86%
4.8514@4.86
@4/85

4.83%@4.84%
5.17%@5.14%
5.17%@5.14%
5.17%@5.14%
40%@
95 %@
95 %@

95%@
95%@

40%
95%
95%
95%
95%

Banka.—Tim

following are the totals of the Boston
series of weeks past:
Loans.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
a

£

12v<s4,700

June 24.

2.890.900

127,<30,“00

6,224,200

1.
8.

6,681.800

128,621,701
129.849,003
130,70 ,900

2,077,400
2.633,SCO

July 15.

4.81

94 %@

June 17.

July
July

4.86

5.19%@5.16%

Bremen (reiehmarks)
Berlin (reiehmarks)

3

@4.83%
4.82%@4.83
5.19%@5.16%
5.20%@5.17%

Antwerp (francs)
Swiss (francs)
A to stord a,in (fifi hi ct’r)
Hamburg (reiehmarks)
Frankfort (reiehmarks)

Boston

4.83

4.80%@4.81%

..

Paris (* rancs)

banks for

3

days.

2.451.900
3,488,000

6,875,100
5.917,803

5,486,400

£
*
•'

51,5'2,9C0 25,527,600
52,156,100 25,372,700
52,775 300 25,(48,400
53,252,000 25,361,400

52,285,800" 25,339,200

40,871,375
39,188,858
,42.626,701
51,573.489

47,130,751

B-3

York City

New

68

THE CHRONICLE.

1878.]

July 20,

BOSTON,

the

Banks.—The following statement shows

condition of the Associated Banks of New York City for the week
ending at the commencement of business on July 13, 1878 :
AVERAGE AMOUNT OP
*
Loans and
Legal
Net
CirculaBankb.
Capital. Discounts. Specie. Tenders. Deposits.
tion.

PHILADELPHIA, Etc.—Continued.
Bid. Ask,

SECURITIES.

Bid. Ask.

SECURITIES.

,

New York
Manhattan Co.,..
Merchants’

8,000,000
2,(50,000

America
Phoenix

3,0,0,003
2,000.000
1,200,000
3,000,000
1,0 0,000

City

1,000.00)

Mechanics’
Union

.

3.749.600
7.403.200
2,163,030
4,605,800

3,174/03

1/00,030

Tradesmen’s
Fulton
Chemical..

6 0,000
.."•300 000
Merchants’Exch. 1,000,030
Gallatin National 1,500,030
500/00
Butchers’tfcDrov.
6 0.003
Mechanics’ & Tr.
203,000
Greenwich
Leather Mannf’rs
603,000
Seventh Ward..
300,000
800,000
State of N. York.
American Exch.. 5,000.000

347.900
962,1(0
276,030
685.300

^

1,510,100
9.577.500
3,4'6 603
3/95,700
1,333,(00
1,402/00

-

857.700
223.200
233, 03
92,000
3i,0)0
9,3r0
377,' 03

8)7,800

..

307.200
96,203

2.198.900

do

7,500

Pueulo &

Worcester &

425,700

986 100

304,000

1,058.000

195,003

181.300

r86,70)
2,062,100
937,800

2.700
253,600
32,8)0

27
98

30

104

77,700

384,5)0

259.400

6s, 1884.

•

89%

•

•••

•

• ••

...

...

•

•

•

•

...»

•

•

...

....

79
....

•

to’95

113

....

•••

do
1st m.7s, ’9) .....
Western Penn. RR. 6s,'p.'
do
6s P. B.,
CANAL BONDS.
Ohesap. & Dela 1st 6s, rg..
Delaware Division 6s, cp.,’78.
Lehigh Navlga. m., e*, reg.,’84 104*4
do
mort. BR., rg.,’9: 104%
do m. co v. g., r* g.,’
91
do mort. go.d,’y7..
do cons. m.Ts, rg ,1911
Morris, boat Joan, reg., 8S5.
•

...

do 6s,n., rg.,pr%r
do 6s,n.,rg., 895*

•

..

over 114)4 114*4
4’•,000
Allegheny County.5s, coup...
1.7 (S.600
453.30)
Allegheny City is, reg
191.000
12,265,0.0 1,141,03) l,7c6 600 9.434,000
43, coup., 1913
11.7:1,100 1/27,10) Pittsburg
2,569,660
1,451,600
2,900
do
16,68
5s, reg. & cp., 191).
5,000,000
Commerce
3.359.40)
88-s,500
3 ',633
887,9)0
do
6s, gold, reg
4,803,803
1,003,000
Broadway
150/0)
2,957,3.0
219.200
511.600
do
7s, w’L’rln.rg.&c ». 102*4
3,218.-100
Mercantile
1,000,000
no 73, Ur.imp.. reg.,’63-36*
2,033,7t)0
709.30)
23/03
1.876.200
Pacific
422,700
450*000
N. Jersey 6s, reg. and coup...
230.2 M)
1/73,800
331,703
3/31,00)
l/oo/oo
Republic
do
exempt, rg. & coup.
3 15,603
2,594,9 0
702,50)
74,300
2.677,700
Chatham
450,030
Camden County 6s, coup
5,400
258.600
1,196,403
33,503
1,225,903
Camden City 6s, coupon
412,503
People’s...
1.517.30)
306,0)0
112,000
do
7s, reg. & coup.
1,608,300
North America..
TC0,000
4*44,460
4,818,4(0
1,030,303
175,600
Delaware 6s, coupon.. ......
5,206,400
Hanover
1,< 03,000
85,5
0
1,992,103
Harrisburg
553,100
City 6s, coupon..
28,100
500,000 1.928.600
Irving
RAILROAD STOCKS.
10,751.000 2,096 C(iD
3)2,000
3,759.030
11,701,003
Metropolitan. .. . 3,030,000
2)
215,301 C .’inden & Atlantic
425,000
1.831.200
72,830
1.759.900
Citizens’
600,003
2S
25
do
pref
do
3/JCO
238.503
1,709.400
44,000
1.941.303
8
Nas-an.
1,0)0,000
Calawlssa
427.103
277,30)
1,713
900
81,200
35
2,470,70)
Market
1,000,003
do
pref
495.100
707.70)
232.400
73.310
39
1.838.303
do
new pref
St. Nicholas.
1,000,0 0
555,300
296,500 2.407.600
318,000
3 317,03)
Delaware & Bound Brook....
Shoe and Leather*l,000/0)
4.700
253.00)
1,8;0,10)
East
86,530
Pennsylvania
3.368.900
Corn Exchange.. 1,003,000
750,930 Elmira & Williamsport
738.900 3,044,100
41,8)0
3,882 COO
Continental
1, •250.000
do
pref..
do
1,156 000
230,00)
11,903
1,286,9)0
Oriental.
303,000
317,030 Har. P. Mt. Joy & Lancaster.
485,00) 2,122,0)0
123,000
2,131,000
Marine
<10 '.000
%
& Broad Top...
17,422,300 1,105,590 Huntingdon
3
do pref.
do
Importers’&Trad 1,500,010 15,202.300 1,317,400 3,720,000
54),
00
630.900 3,665,500 13,414,200
4094 40%
Lehigh Valley
Park
2,000,000 10,870,700
474,10)
306,400 Little Schuylkill..,
120.900
42% 44
28.200
6.6.900
Mech. Bkg. Ass’n
500.003
49
19%
16). 10)
0)
9.
2
0
Minehlll
5,300 5
510,100
Grocers’
303,000
4(5
162,900
Nesquehonlng Valley
175,803
25/00
732,SCO
North River
240.000
100
98)4'
94,400 Norristown
627,700
150,200
66.310
713.900
East River
250,000
Northern Pacific, pref
1(5)41 )6?4
441,860
5,000
108,6 10
3S6.700
I 41)4
41
Manuf’rs’ & Mer.
100.000
North Pennsylvania
1,04),100
10,810,000
b2%! 32/4
Fourth National. 3,5 0,000 12,307, vOO 1,198 703 2.481.100
Pennsylva nia
7%
«
335,000 1,641,000 6,479,003 1,365,000 Phllaaclphla & Erie
Central National. 2,003,000
6,975,000
■270,0* -0 Pniladelphta & Read ng
2,144,000
19% 19%
608,000
Second National.
2,030,000
303,COO
5
•'4,200 Philadelphia & Trenton
14*2,500 1,012,900 3.307.600
3.186.100
Ninth National..
I75’>,('00
239,4 0 Ph'la.Wllmlng. & Baltimore.
8,19),0.;0
633.700 2,015,630
6,8 0.7C0
Fir.-t National...
500,000
4%
4*4
795.300 Pittsburg Tttusv. & Buff
651,100 2,101,900 5.612.200
128
4.515.600
Third National.*. 1,00',000
United N. J. Companies
269.300
819.70)
207.300
56,400
1.142.100
N. Y. Nat. Exch.
West Chester consol, pref....
300,000
839.10)
220,00) West Jersey.
255,000
14,000
1,002,600
Bowery National.
250,003
180,000
1.285.30)
371,000
CANAL STOCKS.
New York County
1,081,630
2‘0,003
381.203 1/34,400
179,103
Chesapeake & Delaware
1.917.200
German Americ’n
750,000
86:,300

1,557,503

89

...

STATE AND CITY BONDS.
Penna. 5s, g’d, mt ,reg. orep.
do
5s, cur., reg
do
5s, new. reg., 1392-19)2 112
do
68,10-15, reg., l-77-’SL
6s, 15-35, reg., l332-’92.
do
do
6*, In. Pl ine, reg.,1879

Philadelphia, 5s reg
do
6s, old, reg

•

....

...

46)4
m Stony Creek 1st m. 7s .9)7...
Sunbury & Erie 1st m. 7s, *97 .
32
Union*Titusv. 1st m. 7s, ’90,
United N.J. cons. m. 6s.’94
Warren & F. 1st m.7s, ’93.
West Chester cons. 7s,’9i.
West Jersey 6s, deb., coup.,’8c
do
1st in. 6s, cp.,’96.

9)4
1)1)4

Nashua

•

....

Ateubenv. & Ind. 1st,

46

PHILADELPHIA.
'

593.100

240.0)0

Ark-nsds

....

do scrip, 1882
do mort., 7s, 1892-3
Phlla. Wllm. & Bslt. 6s, ’84

85

Portsmouth

preferred
Vermont & Massachusetts

1,100

206,000

*6$
ioiM

..

pref..

Rutland,

234 50)

770,5C0

Champlain

Old Colony
Portland Saco &

1'0,000
172,0 0
135,0.0

963,303 3,169.500
6.816,300
2,658, 00
1,955,001)
350,OlO
5.805.600
3.236,0 0
1/97.800
210,000
613.300 '1,2)7,900
9,498,00)
1.942.100
3,60',800
749.700
2 128,6)3
50', 900

502.700

Ogdenso. & L.

40,000

816.203 10,8*3.503
9/41,600 4,397,500
5,911 700
571/00 2/62,5,0
5,3 8,20)
6.937.500 1,2^,300 2,119,300 6,891,6 0
903/00
4,5 3,930
353.610
6,081,500

cps.off

Phil.&R.C.&I deb. 7s.

89

Northern of New Hampshire
12 7)4
Norwich & Worcester

...

...

...

#

*•

*•••

•

•

....

■

•

•

•

.

•

•

•

•

94
....

....

Pennsylvania 6s, coup., .9 0. .
Schuylk. Nav.lst rn.bs rg ,’97.

....

....

....

....

09

2d m. 6s. reg., i30*
6s, boar&car,rg.,19:
7s, boat&ear.ig.,i9
Ausquehanna 6s, coup.. .9.8.
do
do
do

....

70

'

..

BALTIMORE.

Maryland 6b, d' fense, J.& J.

do
6s, exempt, 1887 ..
do
6», 1890. quarterly,
do
5s, quarterly. . .
Baltimore 63, .881, quarterly,
do
6s, 8S5, J.&J...
do
6s, 189 ’, quarterly...
do
6s, park, 1890,4.—M.
do
6s, 1893, M. & S

6s,evempt,’93,M.&S.
1900, J. & J

ao

do
do

108
no
107
:oo
104
r>8

109% 1110
108
no
114

1902, J.&J
Norfolk water, 8s

Par.

RAILROAD STOCKS.

..

...

.

...

65,425,230 234,120,103 22,04S,600 55,556,300 217,411,500 19,522,100
The deviations from returns of previous week are as follows :
Total

Circulation

Specie......
Inc. 1,628,600
Legal tender*
Inc. 1.950,000
r* No report; same as last week.
Tha following are the totals for a
Loans.

1878.

Specie.

I

Apr. 20.

232.113,400

.

series of weeks past:

241,275,50)
243/57,300
242,859,900
241/59,103
246,456,200
246,320,800
242,973,90)
241,566,103

35,933/03

32,186/00

3‘,585,100 34,933/09
229/36,400 30,051,900 38.435.300
232,030,7(10 27,469,500 38/12,000
233,122/00 23,030,200 41,020,100
236,301.500

27.
May 4.

Apr.

May 11.
May 18.
May 25.
June
June
Jun.
Juu.
Jun.

1.
8.
15.
22.
29.

July

6.

44,023,903

233,997,200

19,82 M00

23),049,400
236,132/03

17,0)1,200 47,218,003
16,861,200

47/16,400

234/39,100

17,105,2 0

4,7 3,700
232,720,203
236.5m,000
234,120/00

15/69,700
1 *,311,900
2',42<'/00

49,502,900
52 466,900

.23

July 13.

2.',018,600

Deposits. Circulation. Agg. Clear,
$

Apr.
Apr. 13.

2.
9..
16
23.
2.
9.
16.
23.
30.
6.

53/98,300
53.606.300

53.556.300

Pennsylvania
Schuylkill Navigation
do

210.301.700

19.761.300

211.713,000

19/87,100

340,214,147
344,105,462

343,070,324

19.781.200
210/94/00 19,806/00
213.933.400 19,833,503
215.155.900 19,885,100
215,085,100 19,910,700
211/38,500 19/06,300
210.378.400 19.912.300
204/63,200 19/44/00
201/26/00 19.959.200
202,053,400 19,982,400
200,875/00 20,021,800
199,074,000 19,998,3(K)
201,038,000 20,033,100
199/86,100 20,012,300
198,985,300 20.005,800
199.867.900 19,941,000
202,271,800 19.979/00
205,785, COO 19.934/00
235,384,100 19.909.900
205,965,600 19,934 203
213.816.700 19.823.900
217,411,tOO 19/2:,10)

212,132,000

289.487,491

400/09/30
377.110,111
401,592,977
373,731,072
359,353.328
441,44:,055
381,4(5,325
426,180,360
419.201,399
439,525,545
361,572.637

382/88/84
3

>1,364,165
339,012,452
374,239,182
393,9)3,811

361/44,610
34),403,759
853,550,23!
376,809,115

107
25

Bid.

SECURITIES.

Chicago sewerage7s..
do
Municipal 78i

...

...

",
....

116H
Neb. 8s, 1891
110
Neb. 8s, 1883
Pas8umpelc, 7k, 1897.
Fitchburg Kfi., 6s....
7s...

Top.& W., 7s, 1st

7s, Inc..
Eastern, Mass., 3ks. new




do

mi

102

do
6s
Omaha & S. Western, 8s .... 113
09
Pueblo & Ark. Valley, 7s
Rutland 8s,1st mort
10
Verra’t C. 1st in., 7s.
Vermont & Canada, new 8s..

STOCKS.
105%
104% AtchBon & Topeka
Boston & Albany
89
107% Boston & Lowell.

x

-

*

*

t

*

•

*

11?
Ill
....

.

103% 106%
99% 99%
....

Burlington & Mo. in

74

99*4

124)4

104

103^ 104 r

Neb.f... 100*6

[Cheshire preferred
‘Cin. Sandusky & Clev

33

do
do
do

...

Eastern (Mass.)
Eastern (New Hampshire)...!
P’ltchhurg
x
Kan. City Top. & Western...
Manchester & Lawrence
Nashua & Lowell
N«w York & New England...

t Ex lights.

In default

Union RR. 1st, guar., J. & J..
do
Can on endorsed. 100%
MISCELLANEOUS.
105
Baltimore Gas certificates... 100
13% 14

38

....

of interest.

...

CINCINNATI.

93
103
106

•

99 H
M
95

96
105
108

99%
86
9^-99

8. p.c.

do

■

100% 10054
104

108
70
101
97
37
97
73
106

1003*
7s, ’81. 100%
98
96

2dm. 7s,’84.
3d m. 7s, ’83.

Dayton & Michigan

’81...+

Btock....

st’k, guar

Little Miami stock

90

62

100

b7
x78

90
80

92
98
15
98

63
100

15%
100
30

86

N9

87

87%

LOUISVILLE.

+ 101& 102
9
6s,’82 to’87
+ 9(5
6e, ’97 to ’94
t 96
96
97%
water 63,’87 to ’89 +
97%
water stock 6s,’97.+ 96
97%
wharf 6s....
..+ 96
97%
spec’l tax 6s of ’89.+ 96 102
Loul-ville water 63. Co. 1907 + 101%
Jeff. M.&l.lst m. (l&M) 7s,’811
85
do
2dm., 7s
do
1st m.,7s, 1906—+ 105% 105*
Loulav.C.&Lex. ist m. 7s,’97.
ex pa't-due c oupons
.+ 102%
Louisville 7s.

85
39

scrip....

deb. 7s,92

People’s Gas

Columbus & Xenia stock

m.6s, cp.,’85.

do
deben., cp., ’93* 46
2(5
do
do '
cps. off.
02
do
scrip, 1832.
do
In. m.7s, cp,18!)6
do cons. m. 7s, cp.,191!.. 104
do cons. m. 7s, rg.,19U.. 104
do con3.m.6s,g.1.i9il
62
do conv. 7s, 18934
do
7s, coup, off, ’93 3S%
do scrip, 18S2

*

1

Balt. & Ohio 6s, 1880, J.&J ... 100% 103
106%
do
6s, 1885, A.&O. . 104
105
95
N. W. Va. 3d m..guar.,’65,J*J
Plttsb.& Conriel!sv.7s,’98,J&J 91 % 93
106
Northern Central 6s, ’85, J&J 103
103
6s, 1930. A.&O. 100
do
92
do 63, gld, 19007V & J. 90
5(9%. !l>Q
Cen. Ohio 6s, 1st in.,’90Ja.& S
110
W. Md. 6s. 1st in., gr.,’90LJ.&J. 107
98
100
do
1st m., 690, J. & J...
110
107
2d m.,guar., J. & J...
do
70
60
do
2 1 mM pref
105
do 2d in.,gr. by W.Co.J&J 100
108%
do 6s. 3d m.. guar., J.& J. 108
81
t.0
Mar. & Cin. 7s, ’92, F. & A ...
29
29%
do
2d, M. & N
13
13%
do
8s, 3d, J. &

do
1st m., 1905 .
lstm.6s, :905
do
Ind. Cin. & Laf. 1st m. 7s
do
(I.&C.) lstm.7s,’88
Little Miami 63, '63
Cin. Ham. & Dayton 6tock..

2d m. 7s,cp., ’96.

Phlla.& Read. C.& I.

5
18
5
25
5

B'iNDS.

Dayton & West, lstm.,

Perkiomen 1st m.6s,coup.,’97
Phlla. & Erie 1st m. 6a, cp.,’8i 103%
102%
do
2d m 78, cp.,’88. 100
Phlla. & Read. 1st m. 6s, ’43-’44.
do
do
M8-.49.
do
2d m., 7s/p..’93

Concord
Connecticut River
Conn. & Pa8sumpslc

BA I LR >AD

do
do

Pa.&N.Y.O. & RR. 7s,’96-1906. 112% i*i*4*
103)>
Pennsylv., 1st m., 6s, cp., ’80..
107
do
gen. ra. 6s, cp., 19.0
do
een. m. 6s, rg., 1910.
94
cons. m. 6<, rg., 1905
do
do
cons. m. 68. cp., 1905.
do
Navy Yard 6s, rg,’dl

*5

1
22

Dayton & Mich. 1st m.

—

gen. m. 7s, cp., 1903
gen. m. 7s, reg.,•1909
Oil Creek ist m. 7s, coup.,’8:.
rlttsb. Titusv. & B.f 7s, cp.,’96
do

113*4

60
124

Boston & Maine
Boston & Providence

.

74

dgdensburg & Lake Ch.Ss...
Old Colony, 78

North. Penn. l3t

,5()

Maryland....

Central Ohio,
Pittsburg & Connellsviile..50

93%

ICO
do
;
2d m. 7s, ’35.. 95
81
Cin. Ham. & Ind., 7s, guar....
95
Cin. & Indiana :st m.7s
do
2d m. 7s,’*7... 70
104
Colum. & Xenia, 1st in. 7s, ’90

Harrisburg 1st mort. 6s, ’8).
H. & B. T. 1st m. 7s, gold, ’90
2d m. 7s, gold, ’93
do
30
‘do
3d m. cons. 7s, ’95*
Ithaca& Athens lst,g d. 7s.,’90
Junction 1st more. 6<, ’82
do
2d mort. 6s, 19JO ...
L. Sup. & Miss., 1st m., 7j, g.*
Lehigh Valley, 1st,6s, cp.. 189S 108%
do
?
do reg., 1891... 1(1-5%
do 2 1 m.,18, reg., 1910 . 11(5
98%
con. m., 6s,rg.,1923
do
do
do
6s, p.,19 3
Little Schuylkill, 1st m. 7s,V2

Ask.

Vermont & Mass. RR.,6s

112

do
do
Conn. &

do

• *

.

Boston & Lowell 7s
Boston & Maine 7s
Boston& Low ell 6s
Boston & Providence 7-1
Burl. & Mo., land errant 7s....

Kan. City

26%

Bartford & Erie 7s, new
•

Portland Ss
Atch. & Tcpekalstm.7s...
do
land grant 7s 104?
do
2d 7s
88?
do
land Inc. 3s..
Boston & Albany 7s
115

do

Bid.

SECURITIES.

Ask.

BOSTON.
Maine 6s..,
New Hampshire 6s
Vermont t>s
Massachusetts 5s, gold
Boston 6s, currency
do
58, gold

OTHER CITIES.

Parkersb’g Br..50

1
16

Cincinnati 6s
t
do
7s
t
ao
t
V30s
do
South. RR. 7‘30s.t
do
do
6s, gold t
Hamilton Co., O., 6s. long...!
ao
7s, 1 to 5 yra..t
do
7 & 7’30s, long.t
Cln.& Cov. Bridge st’k, pref.
Cin. Ham. & D. 1st m. 7s, ’SO

*

QUOTATIONS IN BOSTON. PHILADELPHIA AND

130

I 10

....

..

5s,peep

50
110

109

....

Allegheny Vai., 7 3-10s, 1895 ..
do
7s. E. ext., 1910 87
20
Inc. 7s, end..’91
do
Belvidere Dela. 1st ra.,6s,1902.
do
2d m. 6s. ’8:>..
do
31m. 63, ’*7..
Camden &Amboy 6s,coup,’83
do
6s, coup., ’39 102
109%
do
mort. 6s, ’89.
Cam. & Atl. 1st iu. 7s, g., 19)3
do
21 m., 7s, cur.,’80 i‘01%
Cam. & Burlington Co. 6s,’97.
Catawissa 1st, 7s. conv., ’<*2...
do
chat, m., 10s, ’88 .
108
do
new 7s 183 »
Connecting 6s, 1900-1904
Dan. H.& Wilks., ist.,7s, ’37/
Delaware mort., 6s, various..
Dr-1. & Bound Br., 1st. 7s. I90o 99
102
East lVnn. 1st mort. 7s, ’88
E1.& W’msport, 1st m., 7s, ’80. i04%
do

Western

110

111)
115
118
111
111
112

J*....

pref...

RAILROAD BONDS.

$

31,230,000 37.362.200
32.140.900 34/77,000
33,011/00 34,845/00
32.379.400 33,976/00
33.326.400 33,137/00
37.116.900 30/55,900
39.545/00 30.326.200
39/87,500 29/05,700
241.590,900 38,767/00 29,425,400
240/49,103 36,623,700 26/37,000
236,018,400 35,48b,900 28/66,100

Feb.
Feb.
Feb.
Feb.
Mar.
Mar.
Mar.
Mar.
Mar.

204

20%

Morns
do
pref

Susquehanna

Tenders.

$

$

Inc.. $3,594 8D
Dec.
301/00

deposits

Net

Dec. $2,395,930

Loans

Delaware Division
Lehigh Navigation

do
do

110
111
112
105
1 8
108

65

do
do
do
do
do
do

Louis.&

Louisv.

Fr’k.,Louisv.ln,63,’8:

&

Nashville—

’86
+ 96%
Leb. Br. Ex.,7s,’80-S5.+ 96%
6s,’a3...+ 96%
Lou.In.
do
10454
Consol, lstm. 7s, ’98

Leb. Br. 6s,
1st ra.

Jefferson Mad. &

Ind stock.

Louisville* NashvHe stock. 37
ST. LOUIS.
St. Louis 6s, long
+ 102
do
water 6s, gold
+ 103% 104«
do
do
do new.r 103^4
>04
do
bridge appr., g. 6s +• 10 5
do
renewal, gold, 6s.f» 103% •■04%
ao
sewer, g. 6s, ’9:-2-3.+' iOSH 194%
St. Louis Co. new park,g.63.+ !03%
do
cur. 7s . .......+ 105
43
St. L.& San F. RR. bds, ser’s A
do
do
do B 24
do
do
do C 24

t And

interest.

101%
46
26
23

64

THE CHRONICLE.
QUOTATIONS OF STOCKS

U. S. Bonds and active Railroad Stocks

are

quoted

on a

AND

previous

page.

STATE
8XCUBITIB8.

Bid.

Alabama 5b, 1S83

Ask.

do
5s, 1886
do
8s, 1886...
do
8s, 1888
do
8s,M.*E. RR..
do
8s, Ala. & Ch. K.
do
8s of 1892.
Jo
88 of 1893
ArkaDQas 6s .funded
do 7s, L. R. & Ft. S. Iss
do 73 Memphis & L.R.
do 7s,L. K.P. B. &N.O
..

Louisiana 6s.

6s, new
do
6s, new float’g debt.
do
7s, Penitentiary
do
6s, levee
do
8s, do
do
8s, do 1875
do
88, of 1910
do
7s, consolidated
do
7s, small
Michigan 6s, 1878-79
do
6s, 1883
do
7s, 1890
Missouri 66, due 1878.
•

20
20
20
4

4
4

7s, Miss. O. & R. K.
7s, Ark. Cent. RR...
Connecticut 6s

4
4
108

do
do
do
do
do

Ceorgia 6s

do
Ts, new bonds....; 107 I
do
7s, endorsed. ...] 1004.1
do
7s, gold bonds... 107%
Illinois 6b, coupon, 1879...; 100 !
do
War loan..,.
j 100 j
Kentucky 6s
; 100

do
1882or ’83..,
do
1886...
do
1887...
do
18S8.
do
1389 or’90....
or Un.,due 1892
,

Asylum

Funding, due 1834-5...

Railroad Stocks.

i

11

(ActivepreH'usly quot'd.)
Albany & Susquehanna...
Burl. C. Rap. * Northern.
Central Pacific

AND

....

25

•

77%

78%

74

77

100%
103

.

....

f

.

...

100
104

101%

■

r

68

do

do

6s,

do

do

.

.

J.

.

•

•

•

•

f

*

-

*•

....

•

•

•

•

120

105%!

#

•

•

•

•

»

121

•

•

•

.

•

•

•

104

STOCKS

^

-

9
9
9
2
2
..

,

-

AND

108% 1108%

104%'....
1108

Elizabeth City, 1880-1905
do
1885-93
Hartford 6s, various

.

Indianapolis 7-30s

174
104

C. .

’93-4

.

Non-fundable bonds
do
do

....
•

•

•

6s,

•

•

•

.

•

.

6s,

new series.

...

.

...

3%

39
35

56

27

..

*4%

4

83%

83%
84

....

Union & Logansport 7s...
Un. Pacific, So.
Br., 6s. g..
West Wisconsin

70
78
107

’

20
20
20
70
55

6s. ex matured coup.
6s. consol., 2d series.
6a, deferred bonds
D. Of Columbia
3‘65s, 1924.
do
small
do
registered

3

100%

33% 35

•

new

bonds, 1S66
60,
' 1867
do
6s, consol, bonds

...

-

...

6s/new

Virginia 6a, old

•

.

Ask.

30
30
40
40
30
2
30
34

Tennessee 6s, old

•

"be.

44
30

7s of 1888

BONDS.
172'

Bid.

Ohio 6s, 1886
Rhode Island fis,
cp
South Carolina 6s
Jan. & July
April & Oct
Funding act, 1866

LandC., 1389, J.&J
Land C., 1889, A. & O....

Detroit Water Works 7s...,,.. +110

...

par may

8ECUBITIK8.

18

»%

;Ohio68.13S1

....

„

....

15
15
70
70
50
50

do
1868
New bonds, J. & J
do
A. &-0
Special tax, Claes 1
do
Class 2
do
Class 3

ft 9

.

....

..1891

1892
6s, do
do ..1893
North Carolina—
6s, old. J. * J
do
A. * O
N.
C. RR
J. * J
f
do
..A.&O
do coup, off, J. & J
do
do
off, A. & O

,

t

value, whatever the

Ask.

113

Funding act, 1866

105
106
104

YORK.

113

..

101

101%

116

7s, 1879
7s, 1883
7s, 1830
Ts, 1888
Ts, cons., mort., g’d bds.
Long Dock hOHde
Buff. N.Y. & E, 1st. m., 1916...
Han. & St. Jo., 8s, conv. mort.
Illinois Central—
Dubuque & Sioux City, 1st m.

Bid.

New York State—
6s, Canal Loan, 1878
6s,' gold, reg....1887
63, do coup.. 1887
6s, do loan... 1883

MISCELLANEOUS

do
do
do
do

2d
3d
4th
5th

•

NEW

8EOTJEITIE3.

•

•

.

IN

BONOS.

'

103%
103%

Ene, lstmort., extended
do

•

•

•

....

..

Han. & St. Jos., due 1886..
do
do 1837...

RAILROAD

•

BONDS

Prices represent the per cent

Ask.

51
51
51
51
51
51
51

ao

"*8

do
do

Bid.

BKCURITIE8.

43
43
43
43

[VOL. XXVIL

05

70

55%

56%

70

7e,g.,new

To

tl05
107% South’n Securities.
SO
Chicago & Alton
Long Island City
+....
95
do
103 j...
pref
{Broker*' Quotations.)
1110
Newark City 7s long.
1106" 110
Cleve. Col. Cin. & I
25%!...
107
states;
do
Water
115
1112
7s,
long....
Cleve. & Pittsburg, guar.
83
95
96
Alabama'new consols, A..
43
45
Oswego 7s
101
+99
Col. Chic. & I. Cent
4
4%
B, 53
70
72
Poughkeepsie Water
fllO
69
111%
Dubuque & Sioux City.
Rochester
45
C. Water bds., 1903. +110%
47
Erie pref
do
do
2d dlv
Toledo 8s. 18S9-’94
Georgia 6s, 187S-’89
101
107
flOl
Harlem
139
i4C% ' Cedar F. & Minn., let mort.. 88 I.
S. Carolina con. 6s
Toledo
7-30s.
85
98
100
(good;.
Joliet & Chicago
j.... ~||Indlanap. Bl. & W., 1st mort..
21%
Rejected (best sort)
05
Yonkers Water, due 1903..
75
109
Long Island
do
2d mort.
1
do
Texas 8s, 1892
103
M.&S. 1101
Missouri Kansas * Texas, j
!Lake Shore—
7s, gold, 1892-1910.. J.&J. 1110% 1111
New York Elevated RR..
80
i
Mich S. & N.Ind.. S.F.,7 p.c.j 109%
RAILROADS.
7s, gold. 1904
J.&J. 1112% 111
N. Y. New Haven & Hart.
156
i Atchison* P. Peak, 6e, gold..
Cleve. & Tol. sinking fund.. * 107>«2j.
40
1156%!
IOs,
pension, 1894.. J.&J. 1101
102%
Ohio & Mississippi, pref
do
new bonds
i*l 7%j.
102
; j Boston & N. Y. Air Line. 1st m
Pitts. Ft. W. & Ch., guar..
CITIES.
95
Cleve. P’ville & Ash., old bds j 102 ; 103 ! i Bur. & Mo. Rlv., land m. 7e....
m*
im
do
do
j Atlanta, Ga., Ts
special.
do
do
i
do
new bds
110
convert 8s. var. ber.
95
IOO
'
8s
Rensselaer & Saratoga
Cairo & Fulton, 1st Ts, gold...
!l00 i Buffalo & Erie, new bonds... 110
73
75
102
105
Rome Watertown & Og.
Waterworks
Buffalo & State Line 7s
California Pac. RR., 7s, gold
102 1 •
92
95
100
102
Bt. Louis Alton & T. H
Kalamazoo * W. Pigeon, 1st 795
do
j
j
Augusta, Ga., 7s. bonds...
77
6s,
2d
in. g.
89
97
100
do
do
hCharleston stock 6s..;
Det. Mon. & Tol.,let 7s, 1906 *107
Central Pacific, 7s, conv
pref.
302
50
58
Belleville* So. Ill.,pref.
; 'Charleston, S. C., 7s, F. L.
Central of Iowa lstm. 7s,gold.
110
;....
Lake Shore Dlv. bonds
38
40
79
St. L. I. Mt & Southern...!
Keokuk & St. Paul 8s
4%
6
do
Cons. coup.. 1st.
111
;Columbus,
Ga.,
7s,
bonds.
'02
67
Vq> • 1100% 101*
St.L. K. C. &
do
Jll
Cons, reg., 1st.
12*1 Lynchburg 6s
North’n.prel
j
Bur. 8s
I
Carthage
&
S 1100% im
97
10O
+0.% !Macon
Terre Haute & Ind’polis..
Dixon Peoria & Han. 8s.. j *3 = 1102
if
do
Cons, coup.,2d..
bonds, 7s
101%
65
United N. J.R.& C
125
130 t|
O. O. & Fox R.
Memphis bonds C
do
Cons, reg.,2d
*110%
111
35
Valley
8s. IgJ „ 1110
45
Miscel’ons Stocks.
Bonds A and B....
*79
j:Marietta & Cin. 1st mort
Quincy
& Warsaw 8s
1110
35
45
110%
Atlantic & Pac. Tel
ejg 110 110%
27 129 UMlcb. Cent., consol. 76, 1902...
Endorsed,M. & C. RR..
111% 111% Illinois Grand Trunk..
35
45
jc «
Am. District
Mobile 5s (coups, on)
Telegraph...
19%’
j
do
1st m. 8s. ;882, s.f. illl
Chicago & Iowa R. 8s.
62
20
8s
Canton Co., Baltimore
do
13
Chic. & Can. South
19
equipment bonds.! *90 1
(coupons
22
on)
25
20
lstm.gr7s.
American Coal
28
New Jersey Southern 1st m. 7si
Chic. & East. 111. 1st mort.,
funded
68,
61
03
j ..
36
6s.
33%
Consolidate Coal of Md..
N. Y. Central 6s, 1883
25
do
I 104%, 105%
Montgomery, new 5s
.2dm. Inc. 7s.
17
23
50
!
Cumberland Coal & Iron.'
New 3s
do
Chfc & Mien. L. Sh. 1st 8s. ’89.
6s, 1SS7
! 105% 106
170
do
Nashville
Maryland Coal
! 10
Chic.* S’thwestern7b,
11
6s, real estate.,
6s, old
80
90
guar..
90
j*.... ;105 Cin.
do
Pennsylvania Coal
154
6s, subscription.j —
6s, new —
Lafayette & Chic., lstm..
65
75
80
105
90
New Orleans prem. 5s
,!
do & Hudson, 1st m., coup! ....
Spring Mountain Coal.. ;.!
104
33
1l8% Col. & Hock V. 1st Ts, 30 years, 102
34
do
do
Mariposa L. & M. Co
•
1st m., reg. j*—
do
Consolidated 6s...'
1st 7s, 10 years,
100
118%
98
36
40
!
do
do
1
Hudson R. 7s. 2d m., s.f., 1885 5 110%;112
do
R-.dlroad, 6s
pref.
2d 7e, 20 years..
90
91
36
38
!
Ontario Silver Mining
Wharf imrrovem’ts, 7-30
Connecticut Valley 7s
Canada South., 1st guar..
42
50
j 3>ui 4Q
Railroad Ronds. ;
'Norfolk
68
j
Connecticut Western ist7s....
Harlem, 1st mort. 7s,coup.,
19
20
i’4
98
i
do
do
Dan. Urb. Bl. & P. 1st m.
! Petersburg 6s
(Stock Exchano* Price*.;]
7s. reg...
35
30
95
98
7s, g.
1
8s
Boston H. * Erie, 1st m.?
9Q
1,North Missouri, 1st mort
i*t5%<.... Denver Pac., 1st m.7s, ld.gr..g.
41
45
106
rd- Ohio & Miss., consol, sink, fd
Denver & Rio Grande
Richmond 6s
do
guar.
98% j....
04
63
102
104
7s,
gold.
Bur. C. R & North., 1st 5s.. j
do
Savannah 7s, old.......
consolidated...
}|Des Moines* Ft. Dodge 1st7s.
98%
r3
00
05
do
2d do
Minn.* St.L..1st 7s gua
Detroit* Bay City 8s, end
i 59
7s, new
++70
70
1,
SO
;
do
let
Ckesa. * Ohio 6s, 1st in., j
Spring, dlv.. j
Wllm’ton,N.C.,6s,g.) coup
27
| j Erie & Pittsburgh 1st 7s
99
32
do
Pacific Railroads—
do
excour;
8s, gold
j on
con. in., 7s..1
25
85
*58 *85
80
Central Pacific gold bonds..
Calcazo & Alton let mort
RAILROADS.
1>5% 100 if
1 ’ 4%;
do
78
Ts, equip... ....
do
San
do
1 Evansville &
Income. *105
Joaquin brar.ehi 92%
Ala. & Chatt.lst m. 8s,end.
105
Crawfordsv.,
7s..!
101
8
10
do Cal. & Oregon 1st
Joliet & Chicago,1st m.
Receiver’s Cert’s (var’s)
.j 90% 91 i j Evansville Hen. & Nashv. Ts.,.| 40
20
106%
00
La. & Mo., 1st m., guar..
do State Aid bonds
103%
!Evansville, T. H. & Chic. 7s. g.: '45
Atlantic & Gulf, consol...
55
90
92
100%
j
do Land Grant bonds..
St.L.Jack.* Chic.,1st m. *106 97%!|Fllnt*Pere M. 8s,Land grant.! *b3
87 1! Consol., end.by Savan’h
40
Western Pacific bonds
102
I j Fort W., Jacksoh & Sag.
Chic. Bur.ds Q. 6 p.c.,letm
111
I j Carolina Cent. 1st m. 6s,g.
8s, 89)
*30
:i2%
85
Southern
Pac. of Cal., 1st m.
do
Grand R.& Ind. 1st 7s,
consol. rn.'Te
■93
j Cent. Georgia eonsol.m. 7s
312% 112%
l.g.,
gu. I
91
102
104
Union Pacific, 1st mort. b’dt! 105%! 106 1
do
5s sink, fuul
do
ist 3s, 1. g., not gu,;
Stock
85
50
82
55
Ch.Ek.1 &P.-.6.f.lnc.6B,’l>5..*108
do
Land grants, 7s. *108 ] 108%)
do
1st ex 1. g. 7s.)
50 i; Charlotte Col. & A. 1st 7s.
45
09
j."'.
M
72
do
Grand River Valley
6s, 1957, coupon
Sinking
fund...
ilCheraw & Darlington os.. 105
100
?b, 1st m*. j t9s
j 108 il08%!|;
;l0-i%j
Pacific R. of Mo., 1st mort...
6s, 1917, regifct’d
105% 10+% Houston & Gt. North. 1st 7s, g. j 60
03 I'lEastTenn. & Georgia 6s..
*107% 108 1
85
*88
do
Central of >. J.. 1st m.,’90 *ii5ki,ll5Uii
2d mort
97% 99 ; Houe. & Texas C. 1st 7s, gold.. I 91% 93 I'i K. Tenn.&Va. 6s.end.Tenn
85
90
do
do
do
do 1st consol
Income. 7s..
! E. Tenn. Va. & Ga. 1st. 7s. 10'J
West, div
87
85
91
M
100%
do
do
do
do
Waco
r3 I....
84
86
IstCaron’tBj .... I
assented.)
*
f!
Stock
40
doSouth Par.of Mo., 1st in
do conv
do
consol, bds..
90
72
j*
j 83 j
! Georgia RR. Ts
1C5
do
do
Pennsylvania KR—
Indianapolis* St. Louis 1st 7s
'00 l! 6s
assented.*.
; 73
Pitts. Ft. W. & Chic., lstm. I 118
Lehigh & W.B.con.guar [
!,...
Indlanap.
&
Vincen.
1st
i
7s, gr..
stock......
78
68%
70
do
do
do
do
1!International v'fexas) Istg...
2dm.
ass-mted.i
112%
’05 j Greenville & Col. 7s, 1st m.
52
00
85
Am. Dock & Imp. bonds
do
do
3d in.
* li0^!lll% ijlnt. H. & G. N. conv. 8s
:
30
19
7s, guar.
65
30
do
Cleve. & Pitts., consol., s.f.
do
Iowa Falls & Sioux C. 1st 7s... +89
112 L
:ssented.i
! 64
91
I 1 Macon & Augusta bonds..
Ch .M11 .& Bt.P.5 st m.8s,P.D!
do
4th mort.... !! 106
(Hi?
Jackson Lans. & Sag. 8s,1st in. tl02
105
2d endorsed
!
122%: 124
9098
do
Col. Chic. & Ind. C., 1st mort:
Kal. Allegan. & G. It. 8s,
2dm. 7 3-10, do *.... no
41%;
42
98
gr...
100%; i Stock
do
do
let 7s,
do
2d mort
Kalamazoo
&
South
H.
8s,
gr..
Memphis & Cha’ston 1st 7e ioi
$g.,K.D| li>3 !106
+72
102
:
do
Rome Watert'n & Og..con. 1st
1st m., LaC.D.- 106
*32 ! 37
Kansas City & Cameron iOs... tl02
2d 7s
103
103
.'
82
84
St. L. & Iron Mountain, 1st in.
do
Kansas Pac. 7s, g.,ext.
108%: 109
07 I i stock
l8tm.,l.&M...:*l02%
M*N.*99,
66
0
8
do
do
do
do Ts, g., I’d
2din..i to
Istm., I. & D. 100%
100 i Memph. & Little Rock 1st
95
gr.,J*J,’80
ij
4C
37%
St. L. Alton & T. H.,lst mort | 105
do
1st m., H. * D.
109
do 7s, g.,
do M*S,’86
25
101%
j
32.
i
Mississippi
1st
m. 7e
Cent.
99
do
do
59
2d mort..pref..
do 6s, gold, J.&D., 1896
lstm.. C.&M
106
95
I !
2d mort. os
94
100
do
do
23
2d mort. inc’ira!
do 6s, do F.*A.,;895.
consol.slnk.fo 100% 100% !
102% 103%! : 2d mort., ex coupons....
80
88
do
Belleville
&
S.
lll.B.
2dm
1st m. 8s
*85
do 7s, Leaven, br.,’96..
:-oo' !
I
37
i Miss. & Tenn. 1st m. 8s, A.
32
10.1
111
Tol. Peoria &
Chic. & N. West. sink, fd
do Incomes, No. 11....,
>100
Warsaw, 1st E.U
1st moit., 8s, B
15
30
110% 112 il
85
82%
do
do
do
Int. bonds.
Wr. D.
*97
do
do
106 +
No. 16
10
12
Mobile & Ohio sterling 8s
00
62
do
do
do Bur. Dlv.
do
consol.bds 111%;
Stock
0
j Sterling ex cert. 6s
5%
00
|j
02
<•
do
do
do 2d mort..
Keokuk & Des Moines 1st 7s.
ext’n bds
75
70
!.... il
1
8s,Interest
40
45
do
do
do
consol. 7*
26
do
lstmort.. *109%
funded lnt. 3*
72
I
j
2d
mort.
8s
15
20
ToL & Wabash, 1st m. extend.
do
cp.gld.bde.' 101
Long Island RR., let mort.
103
N. o. * Jacks. 1st m. 8s..
100
103
101%
no
do
do
ex coupon..
reg. do
102% !03>j ■ Louisv. * Nashv. cons. m. 7s. 105% 100
*....
101
i
Certificate, 2d mort. 8s.. IOO
103
do
Iowa Midland, :st m. 8s. i
lstm.St.L. dlv
+8
;...
i
do
2dm., 78, g..
ipja j
9.)
87% 88%:! Nashville Chat. & St. L. 7s
100%
Galena & Chicago Ext .1
do
75
ex-matured
coup....
Line
77%
Michigan
Air
8e, 1890
1105
107%
105% Nashville & Decatur 1st 7s 100
do
Peninsula 1st m.,conv.!
2d mort
85
90
i Montclair & Q. L.Ist 7s, (new;.
113 1
45
30
| Norfolk & Petersb.lst m Jls
99% 100%
Chic. & Mllw., 1st mort.!
do
Ex & Nov.,’77, cour.
04
do 2d m. 3s (oil in., lsts)...
69
108
5
3
! lstmort.7s
94
do
Winona & St. P., 1st m.
10
eauip’t bonds
Mo.
K.*
!
Tex.
1st 7s, g., 1904-’06
41
40
j
2d
mort.
8s
10%,
101
!
90
*95
do
do
con. convert
2d inert.! *83
ho
do
2d m. Income
9
1 Northeast, S.C., 1st m. 8s.
|
j *30
105
do Ex. Aug.,’78,& prev’sj
C.C.C.&Ind’s 1st m.7s,8F.
N.J. Midland 1st 7s,gold
23
20
1108%! Great
j 2d mort. 8s
90
do
consol, m.bds
W. Y. Elevated IiLt., 1st m
Western, ist in., 188a..
: Orange&Alex’drl&, lets,6s
84*.
88% 89
80
95
Del. Lack. & West., 2d in. *84%;
do
ex coupon
N. Y. & Osw. Mid. 1st
104
106
4
0
1106%
| :as,6s
70
74
do
do
2d mort..’93
86
do recelv’s ctfs.(labor)
-7s, conv. *10') j ...
[
34
1
27
3ds,8s
34
40
do
do Ex & Nov..’77,coup
mert.. 7s, 19074
07
do
do
.j 64
25
(other,
20
105%'
I
i 4ths,8s
12
20
Syr. Bingh. & N.Y. ut.Isi
Omaha & Southwestern RR.
Quincy* Toledo, lstm..’90..I
102%j
i
11!
Etchm’d
*
Petersb.lst
7s..
111%
95
do ex mat. &
Morris * Essex, 1st. m..
ns
Rome
Oswego
&
Nov.,’77,cou.,
7s,
92
*
i1
Fred.
*
guar
Rich.
85
Potomac 6b.
119%
85
Illinois & So. Iowa, 1st mort <
do
2d mort.
Peoria Pekin* J. 1st mort
*21
40
! mort. 7e..
107%; 10-%
100
do
do
ex coupon
85
; Pullman Palace Car Co. stock.
bonds, 1903.
80 ! Rich.* Danv. 1st consoles
78
72
74
Han. & Cent. Missouri, ist m
do
90
1
do
construct’n
85
! 87
bds., 8s, 4th series
92
94
'Southwest.,Ga ,conv.7s,’s€ 100 101
Pekin Llnc’ln & Dec’t’r.lst m
do
! St. L. & I. Mt. <Ark. Br.) 7s,g.
7s, of 1871 '*It 0 '
71
(
routliwestern.
69%
Ga.,
stock.
75
Western Union Tel., 1900,cp... 108%
do
1st con. guar.
if St. L. & San F., 2d in., class A. 42
*92 j 95
47%i)S. Carolina RR. 1st m. 7s..
to
84
do
do
108
Del.&Hud.Caual, 1st m.,’e-l 99%....
reg
.•
do
do
class B
24
26
! 78, 1902
do
do 189:
do
Miscellaneous
'
do
100
List.
class
C.
22
23
j 7s, non mort
100%
do
1st extended
! St. L.&So’east. cons.7s,gold
{Broker*' Quotation*.)
100 il02
25
I Savannah * Char.lst in. 7?
,’94
25
5
10
:
do
coup. is. 1S9; 10:%
:; St. Louis Vandalla * T. H. 1st.
105
101
Cha’eton * Sav. 6s, end.
CITIES.
80
40
do
do
reg. 7s. 1894
102
75
West Ala. 2d m.80, guar..
2d, guar
70
103% Albany, N. Y., 6s, long
104
1C0
102
Albany& Susq. ist OdS.
106% Sandusky Mans. & Newark 7s.
83
£2
1st mort. 8s..
i:0% 115
Buffalo Water, long..,,
104
1(6
do
1109
':South Side, L. I., 1st in. bonds.
<d do
89
99% 102% Chicago 6s long dates......... + 98
PAST DUE COUPONS
do
j
3d do
do
sink. fund..
35
40
do
iTennessee State coupons..
do lgt
7s, sewerage
15
25
cons, sru-j i
1108% 104% South. Cent, of N. Y. 7s, guar.
35
50
do
7s, water
40
(South Carolina consok
Rens. & Saratoga. 1st
1106
107%'jSouthern Minn. 1st mort. bs...
cp! 315%
87
92
do
7s,
river
15
improvem’t .'+103%! 104% !
do
;j Virginia coupons...... ..
do
Istree 1*115
78, 1st.
98
1
Cleveland 7s, long
J Copsoi. eonnf
78
80
i+105
1'7
1 Tol. Can.S. & Det IstTs.g
42
!
II Memphis City coupons....
Price nominal
30
40
t And accrued interest.
*No price to-day ; them a e latest
quotations made tnis week.
....

...

....

...

...

....

....

....

l*1

.

’

..

.....

S*

..

..

...

..

.

....

.

_

—

*

,

.

'

.

..

’

...

....

•

....

...

.......

.

....

...

....

_

...

1

....

....

.

.
....

,

...

..

•

i

r




...

....

.

...

..

...

.

...

,

...

.

....
...

j

i

....

....

...

...

....

..

....

....

..

.

—

1

..

...

,

•

•

•

65

THE CHRONICLE.

1878. |

July 20,

LOCAL SECURITIES.

NEW YORK

Capital.

Companies.

Net

Pbicb.

Dividends.

Surplus
it latesi

Mark’d thus (*)
are not Nat’l.

Amount

dates. §

-lulj ’78. 4
May. ’78. 3
July. ’78. 5

America4.

16

Ju,y. ’78.

id

...

Phenlx
Produce*.

..

Republic

1001

200,000
1,500,00 »

100
St. Nicholas... 100
Seventh ward. 100
Second
100
Shoe & Leather 100
Sixth.
100
State of N. Y' * 100
Third
100
40
Union
50
>+est
100

Tradesmen’s.’.'.'

Side*.'..’..’

J. & ,J.

49.100 I. & J.
69,i()() J. & 4.
204,500 J.& J.
46.800 J.& J.
105,900 M.&.N.
J. & ,1.
nil.
309,400 J. & J.
694.200 M.&N.
87,000 J. & J.

1,000.000
200,000
800,000

1,0.0,000
1,000,000
1,200,000
200,000

’00*

....

1*0*2
210

200

ii*4

3U
5

•

•

Gas Companies.

ioo
120

4
2+

50

3+

129+6
60
95

25
20

Brooklyn Gas Light Co

Citizens’Gas Co (Bklyn)
„

1.C00

' certificates

do

Sarlem

50
20
50
100
V r.
100

Jersey City & Hoboken
Manhattan

Metropolitan
Mutual, N. Y

1,000

.bonds.
do
Nassau, Brooklyn
do
' scrip

25
Va
100
10
.

New York

People’s (Brooklyn)
do
do
bonds
certificates.
do
do
Central of New York
Williamsburg
do1
scrip

Metropolitan, Brooklyn
Municipal

1,000
Var.
50
50

Var.
100
100

Var.
Var.
320,000 A.& O.
F.& A.

5
3

Greenwich....,
Guaranty

.

.

Importers’* T
Irving

,

103
*80

91

Apr

,

Bid. Ask
155
80
100
82
165
!90
135

’78

July, ’78
3+6 Apr., ’78
Feb., ’78
1,850.000
Jan
’78
•386,000 •J. & J. 5
5
June, ’78
& J.
4,000’000 J.
Feb.,’78
2,500,000 M.& S. 5
1,000,000 M. & S. 3+* Feb., ’78
1+4 July,’78
5,000,000 Quar.
1,000,000 F.& A. 3+4g Feb., ’78
3
July ,’78
1,000,000 Var.
700,000 M.&N. 3+4 May, ’78
4,000,000 M.&N. 4 May, ’78
1,000,000 J. & J. 3+4 July, ’78
325,000 P.&A. 3+4
300,000 J. & J. 3+4 Jan.,’78
466,000 F.& A. 3+4 Fel)., ’7b
1,000,000 Quar,
}l4 Juiy, ’78
1,000,000 J. & J. 3+2 •Ju.y, ’78
1,000,000 M. &N. 2+4 Nov.-i *77
,

96+4

•80
85

85
100
67
98

1,500,000

Bleecker St.dk Fultonterry—stk.
1st mortgage
Broadioay A Seventh Ave—stk
1st mortgage.,

Brooklyn

City—-stock.

1st mortgage.

100

J. & J.

1,000

Q-J.

100

1,000

J.&D.

li

Q-F.

1,000

M.&N.

100
(Brooklyn)—stock..
100
Brooklyn dk Hunter's Pt—stock.
1,000
1st mortgage bonds
100

200,000

Broadway

Bu8hwlck Av. (B'klyn)—stock..
Central Pk., N.A E. Rivet—stk.

Consolidated mortgage bonus

1st mortgage
4 Id St. A Grand
ist mortgage

Central Ot'oss 'lown-

...

1st mortgage
..
Houston, West st.APav.Fy~stk.
1st mortgage
Second Avenue—stock
3d mortgage.....
Cons.

Convertible

Extension
Sixth Avenue-

stock

1st mortgage

Third Aveuae—stock
1st mortgage
2 wenly-thira Street—stoex
iRt TP r\ rf l>

*Tnis column shows last




500,000

.

1,000

stock.

400,000 A. & O.
800.000 J. & J.

1,800,000 J. & J.
1,000 1,200,000 J & 1).
100 1,200.000 Q-F.
100

St terry— stock¬

Q-J.

100

Dry Dock, E. B. A Battery—stk. 500*
c
1st mortgage, cons’d

Eighth Avenue—stock

Broker, 145

900,000 ,J. & D

1,000,000 1. & .1.
203,000 J. & J.

748,000 M.&N.
236,000 A.&O.
600,000
200,000 M.&N.

100

1,000
100

1,000
100
500
100

1,000
1.000
500&c.
JOO

1,000
100

1,000

100

1,000

250,0001

500,000 -J. &

j.

1,199,500 Q.-F.

150,000 A.&O.

1,050,000 M.&N.

200,000 A.& O.
750,000 M.&N.
415,000 1. & J.

2,01)0,000 Q-F.
v

J. & J.
600,000 I & J.
250,000 \r.&N.

,000,000

dividend oa stocks,

3+4
7
3
3
7
3
7
2
7
0
7
5
7

8
92
05
June, ’84 08
May, ’78 140
Nov., ’80 104
July, ’78 135
Oct., ’70 70
100
1888
75
July. ’78 x55
05
x902

12
95
70
101
150
110
150
85
102
85
60

May, ’78

88
102

Jui e,
Ju y,

’93 101

’78

Jar., ’84 100*
May, ’78 115
Apr., ’93 105

7

Nov.1904

7

.July, ’94
Apr., ’78
Apr , ’85

2
7
7
May, ’88
oct.. ’83
7
5
May, ’77
7
July,’90
10 * May, ’78
•July, ’90
7
4
Feb., ’78
7
Mmv, ’08

200,000
250,000
2<X),0(>0

192,806
208,004
.268,204 30

150.000

200,000

200,000
200,000
200.000

35
100

200,000

100
100
50
Niagara...
25
North Rive
25
Pacific
100
Park
Peter Cooper... 20
50
People’s
Phenix (Bklyn) 50
Produce Exch. 100
50
Relief
100

200,000
200,0.'0

National

Republic

Ridgewood
Rutgers’

Safeguard

500,000

350,000
200,000
200,000

150,000
150,000
000,000

1

200,000
200,000
300,000

ICO

200,000

25
100

200,(XX)
200,060
200,000
200,000
200,000
200,000
200,000
150,000
250,000
300,< 00
250,000

25

St.Nicholas....

50
100

Standard
Star

Sterling
Stuyvesant
Tradesmen’s....
United States..
Westchester...

Wllliamsh'gC.

25
25
25
10

50

40
01
13
83
45

05
....

50
105

too

i Vo
125
115
50
96
24
85
50
100

108
100
95

but the date o? maturity of

124,141

12

102,561 20
206,026 20
108.888 20

789,612

3,256
55,755

15
5

10

10

+8,324 10

10

60,747 11
208,785 20
116,943 12+6
14,484 10
128,752 1214

52,184 10
146,366 20
168,584 20

228,643 10
10
221,003110
20
408,142:20

10
10
10
20
10
12
20
30
20
10
20
18
20
14

1854-57.

do

stock..1845-51.
do
..1352-GO.
Aqued’ctstock. 1865.

do

Croton

repervoir bonds
Central Paik bonds.. 1853-57.
uo

..

1870.
1‘75.
Floating debt stock.... 1860.
Market stock
1865-68.

,

,

~

‘

1869

Consolidated bonds
Street imp. stock

var.
var.

do
do
New Consolidated

var.

bonds

Ttririgebonds

...

vydipr loan
(Ifty pnmifl

'do
Park

do

bonds

Bridge,:T

’78. 8
’78. 5
’78.10
’78. 5

,

,
,

t

-

,

,

’78.10

,

Feb.. ’78. 7

17

!

10
12 ‘
11
20
20
20
18

J

20

.}

,
.

J
J
„

3+4
10
10
12

J
,

J
.1
J

10
10
1155: 12 35
15
17+2
10
10
16
20
20
25
10
10
10
10
20
20

"70
90

’77. 5

1)2
185
130

90

195
150

65

130

75*

60

ioo

isfo
120
130
100
196

due.

Aug.& Nov. 1878-1880

0
0
7
0
0
0

Bid. Ask.

100

100
116
106
100
1894-1897 117
105
1889
1879-1890 102
108
1901
1888
102+6
102
1879-1882
108
1896
1894
! 106

1877-1895
1901
1898
1878

May &
In

1878-1880 101
1881-1895 105
1015-1024 1103*
1903
1101k

do

1015

do

1902-1905
1881-1805
1880-1883
1880-1885

do
do

do

November
do

January a

July.
do

do

117

108
103
107
117
108
101
118
106
114
109
105
105
109
107

Wall sM

dO

ao

101
102

101+4 102+4
10B
103
108
1884-1911:104

do

IS

185
114
200

1890

January & July,
do
do

7
7
7
7

95

Prick.

1878-1879! 100

do
do
do
do

do
do

80
180
107

+ The surpluB

Bonds

do
do
do
do

70

100

40 Wall Street.1

Payable.

108

120
120
240
115

«J
J
.1
J
JJuly, ’78.10

tcrip.

*90
140

50

’78. 5

J

90
150
no
95

110
no
210
105
180
110
1 i£>
50

’78.10
’78 8
’78 4
’78.6*23

9
J

lQuotations by N. T. Berks. ,Ir.. Broker. 2*8
Brooklyn—Local Impr’em’i—
/.uniary & July,
7
..

’78. 5

,

20

do
do
do
do

Westchester County

do
Park bonds
Water loan

IOO

145
104
90
150
80
125
100
160
160
90
134

’78.10

,

Feb.,May, Aug.& Nov.
May & November,
do
do

,...1869.

do

do

70

100
80

,

do
do
May & November.

1858-65.

Improvement stock....

i*08

1884-1900 109
May & November.
107
Feb., May Aug.&Nov. 1907-191t 101
1878-1898
do
do

pipes and mains..,

do
io

183-90

lib'

’78. 8
’78. 5
’78. 6
July, ’78. 5
July, ’78.10
,

,

A. MqraxN. Broker,

Croton water

5
7
5
7+4

5
’78.10
’78. 5
’78. 8

J

do
do
do
do

no50
no
55
120
140
125
260

N8

20

Feb., May

1841-63.

130
165

iio

Interest.

New York:
Water stock

'55

’78. 5
’78. 5
’78. 5
’78. 5

15+6 | 16

Months

180
130
135

135

— shows deficient, les.
City Securities.

Kate.

175
170
120
120

50
60
130
’78. 7+o
’78. 5 " 127
90
Tuly, ’78. 5
10Q
’78. 5

20

13
25

16') 044 11-0

’78.
’78.
’78.
’78.

20

8+6

25

ioo

Jan.. ’77. 5
Ju y. ’78. 3+4

10
10
10
10
12
12

10
12
30
20
20
20
20

424.888 30

July,
July,
July.
July,

30
20
40
5
10
20

-

ioo'

40
100

July,

io

448,830 10

70

iss

125
103

July,

-26,Cl 1
-8,814 10

211,737 20

4

115*

103.519 12
323,996 20
178,795 20

191,016 20
114,916 20

.

15
12
10
12

...

177,028 10
49,942 10

.

deducted.

•

1924

11034
108
104
103
102

106+4

107
i 1907-1910

104

113 '

119+4
119+6

119+2
109+2
107

108
106
108

108

1

.......

•All‘Brooklyn bonds fiat.
[Quotations by C.
Jersey City—
Watei loan, long

Zauhis-kmc. i~

....1869-71

Sewerage bonds

1866-69.

Assessment bonds... 1870-71.

Improvement bonds

bonds.

lib*

.

15

10

[Quotations by Daniel

do

100

ib"

100
140
106
65

132

’78. 8
158
’78.6 75 190
’78.10
107
’#8. 5

.

api

represented by scrip is

82^
ao
60

14
3

13

do

J’ly.lOOO
2+4 Julyr ’78
7

-

14
10
20
15
15
10
12

10
20
10
20
10
10
20
10
11
14
30
20
10
20
20
25
10
20
20

57,935
150,000
200,000 +134,946
80,4
94
300,000

’77

.

_

10
20
10
10
10
10
12
12

12
13
10
20
20
20
10
10
10
10
10
14

60

5

’78. 5
’78. 7
’78. 5

June, ’78.10
’77. 5
Feb., ’78.10
July. ’78.10
July. ’78.10
17+f> *eb., ’78. 5
18
July. ’78. 6
5
July, ’7-7. 5
5
’77. 5

30
20
40

12

’78.

Jan*. ’77. 5
July. ’78. 5

10

Dock bonds

Broadway.]
*
7

280,000
150,000
200,000

20,481
131,066
104,159
39,470
+96,818
195,000
49,640
151,093
126,919

1? 0,000
500,000
200,000
200,000
200,000
150.000

200,000
210,000

do

[Quotations by H. L. Grant,

3,000,000

100
100
25
50
50
50
50
50

Mech.&Trad’rs
Mech’iC8’(Bli
Mercantile..
Merchants’..

104
76
102
76
97
95
80

200,000

25

19
10

129,148 20
553,398 10
98,478 10
10
10

500,000

oO

Lorillard
Manuf.* Build

’78. 4

Date.
*

200,000
200,000
150,000

100
30
20
40
50
100
25

’78. 5

’78. 2+4
’78. 3

200.000

50

.

.

Manhattan....

4
4
3
3
3+c

500,000
200,000

50
100
25
50

97,688
13,406
80,783

4,978
686,951 io"
653,039 10
116,152 18
301,674 55
No fig’s.
25,019 10

1,000,000

15
50

.

Hanover
Hoffman
Home

—

150,000
200,000

100
100

.

LongIsl.(Bkn.

...

1,200,000

.

Lamar.. [.....
Lenox....

....

2,000,000

.

Globe

112

....

Rate.

.

*75

3
3

....

Amount. Period.

.

154.588 12+tJ

150,000

10
100
100
50
50
25

.

Howard

National hanks, and of
Ronds.
II. Prentiss, Broker, 30 Broad Street. I

Par.

Firemen’s ...
Firemen’s Fun d

Firemen’s Tr
Franklin
German-Araei
Germania. ...

200,000
200,000
204,000

17
10

Hope

§ The figures in this column are of date June 29th for the
date June 22d for the State banks.
Gas and City Railroad Stocks and
[Gas Quotations by George

Farragut

Guardian
Hamilton

78
’78. 3
’74. 3+4
85
’78. 3
’77. 2+«
fan., ’77. 3
July,’78. 4
lu y, ’78. 5
105+5j 1*1*0*
Ian.,’78. 3
!!!.*
May, ’78. 3+4
Jan.,’78. 3
Jan.,’78. 4
lib
May, ’78. 5
Jan., ’78. 4

162,000 F. * A.

300,000
300,000

"sm *8*5*

May,
July, ’78. 3

July,
May,
•July,
July,
July,
July,
Feb.,
Aug.

30

.

.

’78. 2+4 *80*

141.700 J. & J.
1.600
316.100 F.*&A.

1,000,000

.

.

Exchange

14
10
111,728 15

96,572
200,000 —19,724

200.000

.

95+4

-July,
Jan.,
July.
July,
Jan.,

10
15
15
10
4
5
10
20
5
20
20
20

—17,877 !0
2,008 10
25
200,000 164,803 20
9*80 11-45 1250
1,000,000 fS99,436 30
30
20
300,000 496,731
300,000
200,000

.

2*25

20

138,119

250,000

.

July, ’78. 5
July, ’78. 3

219.501 Q-F.
243.200 I. & J.

! 20,1,000,000

••••

10
25
15
10
8
10
10
20
10
20
20
20
20
20
10
10
25

179,468 20

210,000

Fir e 100
50
Commercial ..
Continental... 100
40
Eagle
Empire City... 100
Emporium.... 100

July,’77. 3

.....

70

..

.

4
3
5
4

Ian.,’78.
Feb., ’78.
Jan., ’77.
July, ’77.
July, ’74.

loo

.

Clinton
Columbia

Jan., ’76. 3
10

25

.

Bid. Ask

1876 1877.

1875

200,000
200,000

Commerce

July, '78. 3+* ioo

May, ’77.
Nov., ’77.
May, ’78.
luy. ’78.

‘

149

July, ’78. 7

.

*

120
78

118
75
120

Jan., ’77. 3

July, ’78.
Jan., ’78.
July, ’78.
Fen., ’78.
July, ’75.
Jan., ’76.
July,
July, ’78.

*

*

325
95

3
July, '78 3
May, ’78. 5
Apr., ’78. 3h
Feb., ’74. 3
May, ’78. 5
May, ’77. 6
May, '78. 3

.

Peoples’*

4
’70. 3
’78. 5

Broadway
Brooklyn
Citizens’
City

....

....

Vpl!,’ ’7^!

.

155.009

ioo

Feb.,
July, ’78. 3+.i
July, ’76. 3'
Oct., 77, 2+.*

..

Park

Atlantic
Bowery
Brewers’ & M.

05

’78. *3*
’78.15

Jan.,

.

422,700
2,000,000
412,500

*75*

•July, ’78.

..

50
1(K)
25

103+i

Price.

Dividends.

18,356 10
22,314 14
400,000 1211,702 15
72,177 10
200,000
-9,613 8
200,000
200,000 No lig’s. 10
109,572 10
200,000
300,000 392.121 30
No fig’s. 5
200,000
200,000 coo,^42 20
130
153,000 204,883
20
300,000 f320,870

i£5

•

Amity..

,‘Uly. ’78. 3
May, ’78. 5

,

,

Adriatic
AEtna
American

'

10

Par. Amount

Jan. 1,
1878.*

Arctic

uly, ’77t 4
Ju y, ’78.
3j,

July,

Surplus,

American Exc h lOO

•

....

Pacific"...

135

*8*

Sept. ’75> 5

......

.

....

Capital.

Companies.

Bid. Ask.

Period 1876.

9
J.&J.
100 3,000,000
7
M.&N.
Am. Exchange. 100 5,000,000
12
J, & J.
100
250,000
Bowery
(?)
Brewers’* Gr.* 100
150,000
0,70 •*jV& j! 68
25 1,000,000
Broadway
M. * S.
(?)
Bull’s Head*...
10
200,000
iO
J. * J.
Butchers’.* Dr. 25 500,000
8
J. * J.
Central..
100 2,000,000
Chase
100
300,000
10
J. & J.
25
Chatham
450,000
8i-m’ly 100
Chemical
100
300,000
8
J. & J.
Citizens’
25
600,000
M.&N. 20
100 1,000,000
City
7
I. & J.
Commerce
100 5,000,000
3
J. & J.
Continental.... 100 1,250,000
10
F.&A.
Corn Exch’ge*. 100 1,000,000
7+4
J.& J.
East River....
25
250,000
6
13,000 I. & J.
11th Ward4.... 25
100,000
10
49,0 0 Q-J.
Fifth
100
150,000
145,000
Fifth Avenue*. 100
100.000
12
First
100
500,000 1,214,000 Q-J.
7+4
985,000 I. & J.
Fourth
100 3,500,000
10
Fulton
30
600,000 444.800 M.&N.
7Yz
672.100 A.& ().
Gallatin
50 1,500,000
40,700 F.& A.
German Am.*. 100
750,000
6
43.800 May.
German Exch.* 100
200,000
7
39.800 May.
Germania*
100
200,000
S
15.600 M.&N.
Greenwich*.... 25
200,000
Ill!
Grand Central* 25
97,600
_8
25.00Q •J. & J.
Grocers4
40
300,000
3
145.800 I. & J.
'Hanover....... 100 1,000,000
14
J. & J.
1,685,300
Imp.* Traders’ 100 1,500,000
10
50
500,000 108.300 .1. & .T
Irving
8,500 J. & J.
Island City*... f 0
100,000
415.700 .).&,). 12
600,000
Leather Manuf. 100
9
Manhattan*.... 50 2,050,000 1,103,000 F. & A
Manuf. &Mer.* 60
10,100 I. & J.
100,000
5
Marine
77.200 J. & J.
100
400,000
Market
267.100 J & J
100 1,000,000
865.700 l. & J.
Mechanics’..... 25 2,000,000
81.200 M.&N.
Mech. Assoc’n. 50
500,000
Mech’ics & Tr. 25
89.200 m.&n;
600,000
Mercantile
172.600 M.&N.
100 1,000,000
Merchants’.
684.300 J. & J.
50 1,000,000
Merchants’ Ex. 50 1,000,000
217.600 J. & J.
45.900 J. & J.
Metropolis4..
100
500,000
871.500 J. & J.
Metropolitan
100 3,000,000
90.900 A.& O.
Murray Hill*.. 100 100,000
55.200 M.&N.
Nassau*
100 1,000,000
New Yors
747,000 J. & ,1.
100 3,000,000
N. Y. County.. 100, 200,000
80,i 09 J.& J.
N. Y. N. Exok. ioo( 300,000
79.200 F. & A.
Ninth
24.100 J. & J
100
750,000
29,500 •J. & J
No. America4.! 70
700,000
89,000 J. & J.
North River*.
240,000
50
165.800 J. & J.
Oriental*
300,000
25

Stock List.

Insurance

Bank Stock List.

Bergen

bonds

1368-69.

6
7
7
7
7
7

Montgomery St., Jersey

January &
January &
do

July.
Juiy.

Jan., May,-July
J. & J. and J
January and

do

A Nov.
& D.
July.

City.]

101
1895
1899-1902 107
1877-1879 100
1891
1S'05

1900

102
108
101

HX+4 107
107
103

1108

110ft

66

THE CHRONICLE.

ttucstmeuts

Chesapeake & Delaware Canal.
(For the

AND

The revenue from tolls for the
year
From other sources

The Investors’ Supplement is
published on the last Saturday
month, and furnished to all regular subscribers
of the
Chronicle. No single copies of the Supplement are

Balance

•f each

only

ANNUAL

REPORTS.

The annual report
says that
occurrel in the affairs of the

during the

important changes have
company and the condition of the

past year.

The expenditures for the
For mateiials, repairs,
wages,

Purchase of real estate...

taxes, salaries, rents

29,998
5,428
89,621

$1,124,048

Assets.

The following-statement shows ihe
property of the corporation as it appears
apon the books of the treasurer :

Construction

$1,000,000

Telegraph lice

Hooksett branch

4,770
18,000
17,353
3?,0:0
51,924
00,000
f0,0f0

car

account, Vermont Central
Concord, Manchester & Lawrence Railroad
Cash
f
Mount Washington Railroad
Suucook Valley Rdlroad...., scrip
North Weare Railroad

(ROJO

Total

$1,1*24,043
The directors remark of this
statement: “As our financial
interests in the last three items are not
yet definitely determined,
we prefer to
represent them by ciphers, as
they stood in our last
report, not wishing our stockholders to lose
sight of them, because
from them originate
many of the points which have so long been
in controversy between
ourselves and the Concord
Railroad
•directors.- These matters
have, to a

large extent, been recently

-verbally agreed

upon, but as yet not gone so lar as to
change any
securities in the hands of our treasurer
or to authorize
the direc¬
tors to make
any change in the statements of our liabilities
and
assets.
This must still await the
adjustment of items in each of
the several
accounts, about which questions have arisen that
can
-be very easily settled
by slight mutual concessions, fully
justified
f>y a desire to agree, which, we believe, governs both

parties.”

receipts and expenditures.

The condition of the

road

on

account

of the

made of our joint
in which this road has an
interest

property, and from other sources
in common with that
corporation.

5,201
2,501
119,620
...

$19\894

$47^345

contingent fund is

as

follows:

hand May 31, 1878:...

on

2,359

..

$114,700
9,234

Fre'ght

$56,115

a

improve.”

GENERAL BALANCE

SHEET, MAT 31, 1878.

Cr.

Capital stock account—composed of old, new and united stocks
Stock scrip account—being balance of
sciip held by stockholders at
this date unconverted into
stock, part of stock dividends declared.
Mortgage loan—due in 1886

Dr.
Cost of canal—This includes all
paymeLts made for
repairing and conducting the company’s works to construction,
May 31, 1878.
The account being charged with a'l
interest, dividend-* and taxes
paid, and credited with tolls received, rents on real
estate, interest
oh money loanel, &c., to
May 31, 1878
.

,

Contingent fund account—investments, &c

(See Canal

of.!8o9)

Mortgage loan of

Express

e,o 63
3,616

...:

$4,072,963

$3,699,619
1*23,934

175,975

Real estate
account—property purchased
the States of Delaware and
Maryland

;

©n

*

66

the line of the canal in

Ba'ance May 31, 1878

26,C2I
47,345

$4,072,963

Vicksburg & Meridian Railroad.
(For the year ending February 28,
1878.)

•f

The annual report

shows the results of the year’s- business

Expenses

as

$430,428

,

307,064
Net earnings

173

Concord Railroad, on
account, for six months endiDg September
1877
30,
Concord Railroad, on account, for six
months ending March
31, 1878

1,175
1,993.750

Company’s"report

the company

34.417

;

$2,078,038

-..
Dividend fund account.—Stock and
icrip cf the Ches peake & Dela¬
ware Canal Co.,
after deducting stock dividend of 18o9 from
the
stock held by the Canal Co. and stock
issued from canceled or con¬
verted loan purchased to this date.

follows:
Receipts

RECEIPTS AND EXPENSES.

$1*23,934

decrease of revenue from tolls
forth- year.just
ended, as compared with the revenue of the
previous year, amounting to $18,267, it also shows
a decrease of
expenses of $30,870.
This reduction of
has
expenses
been eff.cted
without
endangering the safety of the canal.
The company has no
floating debt—aR charges having been met
and fully paid.
“It is confidently believed that
by continued
economy and a wise reduction of expenses in the
management
of
our affairs,
our financial condition will
hereafter materially

use

*

From passengers

300

ending May 31, 1877, and paid

$68,913

While this statement shows

The following statement from the
books of the corporation
exhibits the earnibgs
and expenses on the 1 ne of the road on
account of the
connecting roads, together with the sums paid us

Rents

$60,910

..:

$1,000,000

Total

by the Concord

$*238,240
follows:

as

..

payable

Mails

period have been

Balance in Treasurer’s hands
May 31, 1878

Cash

Dividends unpaid
Income and expense

New

7,039

Liabilities.

Capital stock
a

same

For expenses incurred
during the year
from revenue of the
past year...
For U. S. taxes in
dispute since 1872

Securities

31, 1878.

$169,f50
61,550

overcharges

no

BALANCE SHEET MARCH

to..

;

Total expenditures
Add m erest on funded debt
Add drawbacks and

Manchester & Lawrence Railroad.
( For the year ending March 31, 1878.)

Mot

May 31, 1877

.

a

shape.

property

hand

on

following:

endirg May 31,1878, amounts

sold at the

sufficient number is printed to
supply regular
atubecribers. One number of the
Supplement, however, is bound
up with The Financial Review
(Annual), and can be purchased
in that
as

ending May 31, 1878.)

year

The annual report furnishes the

STATE, CITY AND CORPORATION FINANCES.

office,

fV0L. XXVII,

—showing

an

$123,364

increase of $18,743 earnings

and

an

i tcrease

of
expenditure of only $1,209,. notwithstanding that
$13,584 more
were expended than the
year previous for new rails. ‘
The President
says: “ We feel satisfied that the business of
the
$171,777 company has reached its minimum, and
Expenses..... ..T. 7
that, with our improved
71,3i8 connections
becoming more valuable each year, and the fact that
Making the net earnings for the year
the property of the
From which two dividends have t
$100,458
company is being maintained, we have a
een paid of five
per cent each
ICO,COO future before us that gives promise of better
things than we have
Leaving a balance of net earnings of.
been able to predict for several
years past.” Nothing is said in
$453
which has been added to our account
regard
to
prospects for interest payments.
of income and
expense.
The Treasurer’s
report for the year gives the
tonnage and passenger
statistics.
following:
There have been $20,722 of
The statistics of the
stock issued
freight and passenger business of the year, which makes a total issuepreferred
during the
of $1,036,378.
Manchester & Lawrence Railroad for the
The tonnage dueB
on
the river extension amounted
year ending March 31,
to $7,928,
1878, were as follows:
being an amount
sufficient to pay the interest and about
The number of tons of
$2,500
of the
merchandise transported were :
principal,
which on Feb. 28 was but little over
Kamber of tone upward
$52,000. The floating debt
on the 28th Feb. was as
follows:
35,178
35,677

~

-•

Maniber of tons downward

15,341,782
33,175,010

Total

48,515.792

—equivalent to 777,239 tons one mile, a decrease from
the last
of 17,628,507 tons, equal to
413,980 tons one mile, which loss
principally from the upper roads.
The whole number of
passengers carried
follows:

during the

year
was

year was

^

Num ber of
Local
To Boston & Maine Railroad
•From Boston & Maine Railroad
From Eastern Railroad
To Eastern Railroad
To and from upper roads
From Nashua & Rochester Railroad

Passengers,

S5*2,8i7

401

10^426

449

mileage

178,643

27,157
8

97

of 4,829 passengers, but
in their transportation of 286,892 miles.




174,863
11.^74
678 953

115.872
year

mile

60,785
15,614
11,428

Total

—m'decrease from last

Carried
one

au

"l~90*7,494
increase of

Rills payable,
outstanding Feb. 28, 1877
Bills payable, issued
during past fiscal year
Bills

paid during past fiscal

"

64,6*25

year

..."

Bills payable,
outstanding Feb. 28,1878
Due bills issued for
wage-*
Due on open account and
pay rolls

Making

Total amount of
“

Showing
In bills

deduct.d,

72,655

10,488
;

amount paid on

judgments,

account

$89,399
24,827

floating debt Feb. 28, 1878
“

a

$149,199

V $77,143
1,768

a total of

From which should be
of bills payable.

$84,573

“

decrease of

$64,572
86,5(6

1877
.

payable, outstanding,

$21,933
are

included $39,000 issued in

purchase of the river landing, the
payment
expected to b« met by sale of certain lots in the

set aside for that
purpose.

of

which

wan

city of Vicksburg,

July 20.

INCOME ACCOUNT

OP

Atlantic Mississippi &

1877-8.

$132,096
280,(83

account

8,046
10,205

Mail

Incidental receipts

the scheme to stop payment of
be called to account.
Second,

$130,423
Less due by agents and coi ductors
Earniogs of and receipts from foreign
Charges received from agents
Sundry balances
Bills payable, issued
Bills r< ceivable. collected
Intcres t account
Land sold
Rems and wharfage from
Balance Feb. 28, 1278

river landing

*

tee is

30,231

Motive power
New locomo ives
Maintenance of wav
New rail
Maintenance of cars
New office.

to these objections to say” consists of honorable men who will
position they haveof business, ought

68
94.443
29.667
25,794
2 638—313,820

Charges advanced to agents
Paid foreign reads
Contingent expenses
General salaries
Tax accounts
Bills payable, paid
Bills receivable, received

Interest, discount and

....

Baltimore &

exchange

.

1

1,657
41,84
55»
11,361
2,0 0
14,812

....;

judgment
..

rely upon character alone.

Ohio.—The board of public

FOR. THE

$657,273

Minnesota.
(For the year ending Dec. 31, 1877.)
f or the year ending December 31 says that the
Southern

$5 549, leaving 154,403 acres

3 combination and 3

FOR FIVE

follows :

1877.
.

.

The.earnings for the year were as

follows:

58,613
178,182
1877.

$559, fS7
98,330
18,81.)
10,204

$687/63
390,7y6

$296/266

Earnings for the first half of the year were light,
grasshoppers and poor crops, but in the latter

MONTHS FROM JAN. 1 TO
1878.

$14N,051
470,375

26,113

Increase,

1877.

$18 802
34,017
3.609

56,430
44,192
12,233

MAY 31.

$12,5 34
75,151

1,63T
89,325
2,644
86,67$
Increase.

1877.

$104,759
214,365
25.546

$43,29^
255 ‘.i5»
56T

299,81$

344,672
644.491
72,69$
163,339
54,« 98
239,024
227,121
181,342
....
-408,4
6
178.259
.Chesapeake & Ohio.—A circular was issued early this month
by Mr. C. P. Huntington, President of the new company, on taking
1876.
$511,903 possession of the railroad, stating that the Chesapeake & Ohio
90,593
Railroad Company having been reorganized under the name of
19.415
the Chesapeake & Ohio Railway Company, he, as President,
14,927 J
assumed control of its affairs. Mr. A. S. Hatch is First Vice$636,841 ) President, with office in the city of New York.
William C*
1876

413,197

j

$223,643

owing to the

half they increased

last four months.

very largely, especially in the
The income account was as follows :

$-*1,337
109,169
5 247
145,753
46,857
93,916.

Passengers
Freight...
Mail and miscellaneous
Gross earnings
Expenses
Net earnings

unsold.

The work of the year was as

MONTH OF MAT.
1873. -

Passengers
Freight
Mali and miscellaneous
Gross earnings
Expenses
Net earnings

equip¬
mail
and coal and 9 caboose care, 1
for the year of 721 acres for

The report
consists of 14 engines, 3 passenger,
and express cars, 197 box, 83 flat
tool and 1 pile-driver car.
The land department reports sales

ment

works of the State

received in settlement fromjthe Baltimore &
$100,540, being the amount of all claims'
receipts. Also the sum of $366,000 in
in compromise of the State’s claims aris¬
ing out of the former one-fifth passenger receipt tax on tbe
Washington Branch from April, 1872, ami tbe five semi-annual
five per cent dividends to December 31, 1877.
The bonds are of
the denomination of $1,000 each, 6 per cent, running ten years.
These paymen's are in accordance with the terms of the act
passed at tbe last session of tbe Legislature, and sines accepted
at a meeting of the stockholders of ihe company.
Burlington & Missouri River in Nebraska,—Statement of
earnings tor the month ending May 31, 1878, and for the year
1878, compared with the corresponding time last year:

15,137

Real estate purchased
Extension tonnage dues
Cash from land sales (Gray and Kennedy
of bonds
Interest on funded debt
Extension to Mis-is-ippi river
Franklin Bank of Kentucky, settlement of
Win. McCutchen, judgment
Balance February 28, 1877

be asked to

of Maryland have
Ohio Railroad Company
for taxes oh the gross
bonds and $370 in cash,

72.C56
5.8s2
5,535
180
7,926

morlgage). used in purchase

*

not to

10*1,ill
40,975
5,0(5
12,278

.

permanent and

of default in payment of interest.
He says it is not a sufficient answer
the “ purchasing committee
not take undue advantage of the peculiar
created for themselves. Bondholders, as men

$74,267
7,034
.....

a

case

Cr.

expenditures—Conducting transportation.

liable tocommit¬

of exercising absolute and
and its management, and

$657,273
Railroad

interest without being
that the “purchasing

irresponsible body, formed for the purpoeenever-ending control over the railroad
it is so protected by certain clauses ia
the scheme that it cannot be interfered with, not even if it ruins
the line and renders payment ot interest hopeless.”
126
reason for this is that the re organization scheme in article
262 4 The
fakes
away from the bondholders tbe right of foreclosure in
5,371

4,6J8—425,820
. 36,537
10VH
3.037
64,625
5,146

i

roads

Ohio.—A member of the English*

re-organization committee objects to the plan which has been
proposed, for two principal reasons. First, that this re-organiza¬
tion echeme takes away from the bondholder his former securi¬
ties, leaves him without any, and enables those who msy work

Dr.

Railroad earnings—Passenger
Freight

67

CHRONICLE.

THE

1878.1

$96,609
296.264
373

mond, Va.

_

-

July 9, a decree was entered
of $159,712, part of tiie proceeds of the
sale of this road, among persons entitled to interest on Virginia
Central bonds having liens prior to the Chesapeake & Ohio first
In the

Richmond Circuit Court,

ordering the distribution
mortgage.

stockholders of the Cincinnati
unanimously, on the 10th
increase the capital stock to
Total
$396,249 $2,500,000, and to contract for due completion of the road to
Right of way claims
$3,812
Chattanooga. Bids for completion of the road have been received
Purchase of shops at Hokah.......
3 >,000
Land trust ceriiflcates
40.915
by the trustees in Cincinnati. The lowest bid for completing the
Old claims, judgments, etc
15,707
railroad, including forty-six bridges and trestles of iron, was
Reorganization expenses, 3>£ 3 ears
.
... 35,604
Interest
mor.gage debt
.
24S,282— 374,329 $1,690,630, and the highest was $2,011,442; for the work, includ-^
ing thirty-four iron bridges and trestles, and twelve wooden
$21,919 bridges, ihe lowest bid was $1,671,998, and the highest $1,985,Balance, December 31, 1877....
The floating "liabilities at the close of the year were $65,511 ; 445 ; for the third plan, which involved the construction of eight

Balance, December 31, 1876
Net

earrings

Loss and

gain

Cincinnati Southern.—The

Southern Railway Company voted
instant, to authorize the directors to

on

bridges and
$1,840,597,
of
Railroad Company and the
Moses.

iron bridges and trestles, and twenty-eight wooden
floating assets, $87,430; balance of assets, $21,919.
Unusual expenditures were made |or renewals and repairs. trestles, the lowest bid was $1,560,902, and tbe highest
There were 3 12 miles of track laid with steel and 8’53 miles
Denver & Rio Grande.—The Denver News of July 12, says :
with iron rails, and 131,755 new ties put in.
A new iron bridge, “Yesterday morning the first decision of the Judges
134 feet long, was built to replace a wooden one, 1,910 feet of ihe United States Circuit Court, in the railroad controversy pend¬
pile bridging renewed, and other bridges repaired. There were ing between the Denver & Rio Grande
225 feet of trestle filled in, and other necessary work done. Some Atchison Topeka & Santa Fe road, was delivered by Judge
3,600 feet new sidings were laid and 3,925 feet unnecessary sid¬ Hallett. The complainant (Denver & Rio Grande) has since
ings taken up. Several depots and stock yards were built
amended the bill filed at the time of the injunction, making new
6 8 miles new fence put up.
allega’ions which strengthen its case. This was
and the bill as amended is admitted by the demurrer and filed by
the defendants to be true.
The allegations now made in the bill
GENERAL INVESTMENT NEWS.
make a case that must be met by the defendants by an
answer and proofs. The Court, therefore, overrules the
Alabama Great Southern.—In London, the prospectus of the and allows defendants to answer and put the parties upon proofs
issue of first mortgage bonds was sent out, inviting applications in the case.
The demurrer having been overruled, the
for an issue of $815,000 by this company (lately the Alabama & ants (Atchison Topeka & Santa Fe) will have to
answer,
and proceed to take testimony preparatory to
Chattanooga) of six per cent first mortgage bonds, at the price
case
£180 per bond, including the first coupon, which is
on come up for final hearing, and for such decree as the
1st of January next.
Tiie company has been re organized under equitable and jlist. Meantime, no order has
a foreclosure and sale, and registered under its new title.
The the injunctions heretofore granted in the
caseB,
total amount of tl e bonds, of which the present issue forms a suit remains as at first instituted.”
ap¬ Detroit & Milwaukee.—The purchasing committee
portion, is $1,750,000; of these, $335,000 (£67,000)
re¬ nished the following statement of the bonds filed
plied in America on account of purchase-money,
construction ; $600,000 (£120,000) are held by the Farmers’ Loan and which have assented to the terms of the arrangement
& Trust Company, as a deposit until the outstanding amounts of into between the London committee of bondholders and
tbe liabilities connected with the purchase are discharged; and Western of Canada Company:
the whole will be issued hereafter, as required.
,

and

-




payable

have been
liens and

of

demurred to,

demurrer,
defend¬
file their
having the
Court deemsbeen made affecting
several
and the^
has fur¬
with them,,
entered
the Great

68

THE CHRONICLE.

The total of first mortgage bonds is

$2,500,000

Already assented

2,340,250

Balance not assented.
Total of secand mortgage bonds

$159,750
.l.OCOJOO

Already assented

..

Balance not assented
Total of coupon bonds.
Already assented...
Balance not assented
Total of bonds
Already assented
Not assented

or

not heard from to this date

percent.”
Richmond Fredericksburg & Potomac
Railroad.—At a
$52,500 meeting of stockholders, held in
Richmond, a resolution offered by
1,005,640 Mr.
Biddle, of Philadelphia, substituting for the railroad con¬
916,920
nections between Quaniico and
Washington the Potomac steam¬
$88,720 boats, was adopted by a large
majority.
Subsequently, a
4.506,640 of the
Virginia stockholders of the road .was held, and ameeting
4,204,670 tion
resolu¬
adopted that, in view of the substitution referred to
$300,970

by the Union Trust

Company of New York, trustees of the mortgage bonds of this
railroad, which is actually built for twelve miles, from Attica to
Veedersburg, to foreclose a mortgage of which $480,000 in bonds
issued.

Louisville & Nashville.—The
following is a condensed state¬
earningsand expenses for eleven months of the respective
fiscal years, commencing with
July 1 in 1875, 1876 and 1877:
ment of

Last six mouths, 1875
Do
Do
First five months,
Do
Do

Earnings.

Expenses.

Net.

$1,542,753
1,621.838
1,670.111
1,245,600
1,347,285

$1,021,446

3,011.337

1,350,151

749,562

$2,564,200
2,757,633

1S76
1877

1876

1,922,646

1877...}

20 41,119

1873

2,099,713

696 983

'Missouri Pacific.—An order of court has been
granted in New
lrc>rk, transferring the $4,500,000 given to secure the
bondholders

Company, to the Central

New York.

Trust

Trustees,

Company

ol

"Montclair & Greenwood Lake.—A
meeting of the bondhold¬
ers of the Montclair &

Greenwood Lake Railroad was held
this
week at the office of the President,
Cyrus W. Field. Mr. Field
stated that he represented
$157,000 of the first and $141,000 of
the second mortgage bonds.
There was much
wrangling
between the representatives of first and second

Finally,

'

committee

a

was

mortgage bonds.

appointed, consisting of

Messrs. Cyrus
W. Field, A. 7>. Hewitt and Morris K.
Jesup,
for first mortgage
bondholder*, and, for the second
mortgage bondholders, Messrs.
B. C. Baker, A. W. Benson, W. C.
Sheldon, Egbert Starr, W. L.
Raymond and Daniel M. Chauncey.
A meeting of the second
mortgage bondholders and stock¬
holders of the road was held
directly afterward in the Coal and
Iron Exchange.
There was much excited talking, and at last the
committee were instructed to
print any plan that might be agreed
to, and submit it to the bondholders before

calling them together.

Pacific Mail.—The Pacific Mail
Steamship Company has given
notice to the Union Pacific Railroad
Company that in sixty days
from August 1 the contract for
freight
and passengers between
the two companies will be canceled.
This contract, made about
two years ago, provided that the
steamships were to decline all
light freight by demanding high rates, the consideration
being
that if the vessels did not fill on each
voyage within 00® tons ol
their capacity, the Union Pacific Railroad
Company was to make
up the difference.
Another feature of the contract was
Pacific Mail

were

to

keep

that the

high rate of passenger tariffs' the
consideration being that
they were to receive $5 head-money for
'every passenger carried by the railroad.
Each month the lailroad
company would presents statement of the number of
passengers
carried, accompanied by a check for the amount due.
The Pacific
Mail directors had

up a

other information than that
furnished by
PresidentPark, of the Panama Railroad
Company, has stated-that the Union Pacific and Central
Pacific
Companies owed the Panama Railroad and Pacific Mail Steam¬
ship Company, jointly, over $300,000, and that all
attempts to
secure a settlement had failed.
The directors,
therefore, decided
to take
advantage of a section in the contract which provides that
either company can cancel it on
giving sixty days’ notice.

the U. P.

lo

Company.

Pittsburg City Bond? .—The proposition
so

at Pittsburg to
much of the debt of that
city as is in litigation, and on
which' interest is now stopped, continues to be
pressed with much
refund

earnestness

a&yBt

by the Gcmnurcial Gazette

of that

city.

The Gazette

•

being
unfavorable for the interests of the
company, a committee of nine
appointed to supply every stockholder with the

be

history of the

from its inception to its
consummation, together with
all the facts and documents
bearing on the subject.
The following resolution was
unanimously adopted :
“'iliat a sub committee be
requested to bring the interest, of
this State in this
company, in co-operation with the State
proxy,
before the Board of Public
Works,and invite the united action of
that board with the
private stockholders in Virginia in resistance
to what is deemed to be the
illegal and unj ust subordination of
the property and interests of this
company to the
movement

profit of the

Potomac Steamboat

1,135,7^5
1,341,225
676,846

of. the Missouri Pacific Railroad from the
hands of the
the National Trust

ample security for the future, against the law’s
delay,
cost of
litigation and the risks which attend the enforcementthe
of claims
before courts and
juries—they will be fully satisfied to accept 5

947,500

Indiana North & South.—Suit was
begun in the United
States Court, at Indianapolis,
July 8,

were

[Vol. xxvii.

Company, and to co-operate with the State in
any legal proceedings that the Board of Public Works
may
inaugurate.”
St. Paul & Pacific.—Our Amsterdam
correspondent

writes,
under date of June 28, that the committee
of the St. Paul &
Pacific Railroad and Red River & Manitoba
Railroad announces
that the certificates whose holders
agreed to the arrangement
of 8th February will be
paid in Dutch money, after deduction of

costs.

F@r each

$1,020—Branch line

$26 25

Do
Consolidated loan
Do
Mainline
Do
18*7 9 loan.
Do
Vincent & Brainerd
For each Red River & Manitoba share
The fractions of $1,(00 bonds
pro rata.

9
20
12
6
3




30

From the 1st of July the quotations of the
certificates which
agreed were to be “ex dividend.”

Toledo Peoria & Warsaw.—A. L.
Hopkins, receiver of the
Toledo Peoria & Warsaw Railroad
Company,
has filed his report
for the months of
May and June, which is in brief as follows :
Balance

on

hand

BECi IPTS.

May 2

$68,544
150,857

.

Receipts for May
Receipts for June

122,713

Total

Balance

$342,115

DISBURSEMENTS.

For May
For June.

...$109,549

209,151-$318,701
on

hand

$23,414

Wabash.—All amended complaint in the suit of David J.
Tysen
against the Wabash Railway Company was filed in the United

States Circuit Court at
Indianapolis on Monday. The amended
as condensed in the American
Exchange, recites the making
of the several
mortgages which are prior liens on the
property
they cover. The default in the payment of interest on"
these
bonds is set forth, and also the refusal of
the company to
pay
any
interest to the holders of these
bonds, except upon their funding
certain of their coupons,
and accepting scrip certificates. The

bill,

foreclosure proceedings are referred
to, and it is charged that
and James R. Jessup, the trustees
of the Great Western Railroad
Company
of 1859, and Isaac II. Kuox and
James R. Jessup, the trustees
named in the mortgage of the Toledo
Wabash & Western Rail¬
road Company, had asked for the
payment of their respective
mortgages out of the proceeds of the sale of the
property, as they
ought to have done, such a decree would have been
entered,
and the bondholders would have been
protected. The complain¬
ants ask that
they be removed from their office as trustees, as a
necessary and proper protection to the rights of the bondholders.
The complainants ask that the Wabash
Railway Company, George
Griswold, Alexander M. White, Henry II. Worden, John
T.
Terry, James R. Jessup, John N. A. Griswold, Lucien
Tilton,
Solon Humphreys, Isaac H. Knox and
George I. Seney be made
defendants to the suit, and be
required to answer the amended
bill of complaint.
The bill prays for an account to be taken of
the amount due on the
mortgages mentioned, and that the defend¬
ants be required to
pay such sum, as shall bejfound to be
due,
within'a short time ; in default of which the
property
shall
be
decreed to be sold.
The Court is also asked to decree
that the
equipment bonds held by the complainants shall be considered as
if Solon
Humphreys
named in the mortgage

r‘The most difficult
question of all will Le to fix upon a rate
of interest for the compromise
bonds. The holders of the
present
indebtedness, being under no legal obligation to surrender
their
bonds, may be tempted to insist upon a
under the
high
rate,
belief that, with the courts on the one
side, and public sentiment
on the other,
they can enforce their demand. This would
secured by
a serious
blunder, and result in nothing but loss on both prove road shall bethe consolidatedinorfgage, and that a receiver of the
sides.
appointed.
What, Then, should be the amount of interest? A
communication
in the Philadelphia Ledger of
Wilmington Columbia & Augusta.—A meeting of the first
Tuesday contains an expression mortgage bondholders was held at
of the feeling of one bondholder
Baltimore* and the report of the
at least.
He
$5,000 of 7 per cent avenue bonds, for which he says he holds expert employed by the company last April was submitted. He
paid
a
premium gives estimates of expenditures
of V per cent, and he will
necessary for putting the road in
accept a new compromise bond
0 per cent
good order, which include $113,598 for rails and
semi-annually. ‘This course,’ he adds ‘ wouldpaying
$25,203 for
be fa*r
trestle work.
The revenues from local
better than to to
spend more time and money in litigation.’
tonnage
amounted to
Now, $201,930 for. 1870 7, as compared with $190 9-54 for 1875
it should be borne in
mind, in the outset, that the
8, $228,057 for 1874-5, $294,009 fer 1373 4 and
refunding
pr^c-ssis necessarily expensive. We learned this
$353,358 for 1812-3. The
fact in com¬
capital stock of the road was $300,000, the first mortgage bonds
promising the railroad indebtedness of
Allegheny county, the amounted to $3,200,000, and the
income bonds to $829,938. The
aggregate cost of which was about one per
cent.
It will be disbursements from 1870 to
1870 largely exceeded the
apparent, therefore, that the city would
earnings
gain but little, if any¬ of the road, but for 1870-7 and
1877-8 the earnings were a few
thing, in refunding a 7 per cent debt at 6
cent.
If
no better
per
thousand
dollars-in excess of expenditures. The
terms can be had, the effort
bondholders
may as well be abandoned at once.
appointed
B. F. Newcomer, John 8
When the matt r comes to be
examined carefully, and when the
Gilman,Capt.
F.
Clark,
Thos.
C. Jenkins and Mr.
bondbol lere fully understand the
Tompkins a committee to assist the trustees
situation—when
they weigh- of the road under the mortgage to secure a decree for the
the advantages of an amicable
sale of
settlement,

prompt payment and

60
50
25
81

the road.

July 20,

69

THE CHRONICLE.

1878.]

COTTON,

3*he Cam mev rial gimes.

1878.
indicated by our telegrams
given below. For the week ending
COMMERCIAL EPITOME.
this evening (July 19), the total receipts have reached 3,782
Friday Night, July 19, 1878.
bales, against 5,287 bales last week, 5,949 bales the previous
A " heated term” of great severity and unusually protracted week, and G,879 bales three wrecks since, making the total
has prevailed throughout the Western and Northwestern States receipts since the 1st of September, 1877, 4,252,333 bales, against
the past week, causing the loss of many lives and the suspension 3,952,838 bales for the same period of 1876-7, showing an increase
since Sept. 1, 1877, of 299,495 bales.
The details of the receipts
of all but the most urgent out-door business. In the past two for this week
(as per telegraph) and for the corresponding weeks
days the seaboard has also suffered much from the high temper¬ of five previous years are as follows:
ature, affecting trade to some extent. The progress of opening Receipts this w’k at
1874.
1875.
1876.
1877.
1878.
business for the season has, therefore, been delayed, but prospects
409
1,458
2,238
736
1,248
New Orleans
continue good, and little seems to be needed but the return of
228
So
271
219
220
Mobile
Friday, P. M., July 19,

The Movement op the
from the South to-night, is

^

more

endurable weather.

Charleston

quiet until yesterday, when at a decline of
lb., to 15^@lG^c. for fair to prime cargoes, there were sales of
19,400 bags, reducing the stock in first hands at this point to
78,141 bags. Rice has ruled firm, and 2,000 bags Rangoon sold
at 3@3£c., gold, in bond. Molasses is without change, at 34@34£c.
for 50 test Cuba muscovado.
Sugars have favored buyers, and
fair to good refining Cuba quoted at 7£@7fc., with only a moder¬
Refined also easier, at 9fc. for standard crushed.
ate business.
The movement in raws has been as follows : "
Rio coffee

was

per

II
Uhds.
lids.
29.633

Boxes.

Bags.
141,767
1*25,720
154,252
263,989

Melado.

Port

Galveston

as

247

664

228

332

384

-

197

212

4G0

>)O0

344

23

93

150

660

285

296

449

Royal, &c

Savannah

Crop,

20

Indianola, &c
Tennessee, tfcc..

593

14

20

781

obi

soo

681
5

26

Norm Carolina

113

81

47

38

101

Norfolk

590

492

759

484

1,679

51

23

33

21

127

3,676
1

5,042

2,513

5,680

15

Florida

City Point, tfcc
Total this week

...

■-

3,782

3,952,S3S|4,075,817 3,470,283 3,788,357
657
Sales since duly 1, 1878
;.... 35,832
35,832
The exports for the vreek ending tins evening reach a total of
1,625
69,025
Stock July 17, 1878
69,025
r.
2,254
G,000
bales, of which 5,776 were to Great Britain, 224 to
117,57?
Stock July 18, 1877
117,577
and none to rest' of the Continent, while the stocks as
France,
There was some improvement in pork, but recently weakness
made lip this evening are now 128,001 bales.
Below are the
was developed, and late sales of futures include mess for August
stocks and exports for the *week, and also for the corresponding
at $10 10, and for September at $10 20@10 30, with October week of last season:
STOCK.
offered at $10 40. Lard has also favored buyers of late, though
EXPORTED TO—
i Total
Same
Week
Week
|
this
Conti¬
Great
higher early in the week ; prime Western reached |7 20@7 22| ending
1877.
1877.
1878.
France.
nent. j Week.
July 19. Britain.
for spot and July, $7 22fc@7 25 for August, and $7 30 for Sep¬

Receipts since July 1, 1878

tember.

29.633

2,152
1,709
11,663
21,066

Bacon and cut meats are nearly

.

1,591

nominal, but at the

half-and-half bacon sold at $5 82^. Beef and
Cheese has been fairly active at about steady
prices, and butter shows a slight improvement, with diminished
supplies. Tallow has declined to 6£c. for prime. Stearine un¬

West 3,000 boxes
beef hams quiet.

settled at

for prime to choice.

Kentucky tobacco has been in good demand, and the sales of
the week are 1,000 kkds., of which 100 for home consumption and
900 for export.
Prices are rather dearer, and lugs are quoted at
2£@5c.; leaf, 5£@14c. Seed leaf has been in fair request, and the
sales of the week are 1,518 cases, including 1,000 cases Penn¬
sylvania, crop of 1877, at a private price ; other sales were as fol¬
lows: 100 cases sundries, 6 to loc.; 100 cases, 1870 crop, Pennsyl¬

1377 crop,New England, seconds, 104c.;
Connecticut, 10 to L2c.; 80 cases, 1876 crop,
Ohio, 5 to 15c.; 113 cases, 1877 crop, Ohio, 7c. Also 50 hales Hav¬

vania, 13 to 15c.; 50 cases,
75 cases, 1876 crop,

ana,

Total since

N. Orl’ns

Mobile..
Ckarl’t’n
Sa van’ll.

Galv’t’nN. York.

Norfolk-

Other*..

Sept. 1. 4,252,333

4,126

....

.

weakness and depression in the rates for
ocean berth room.
This was especially noticeable in grain ship¬
ments.
Charters also have shown some weakness, but the actual

|

5,913

15,612
806

.....

...

520

....

....

....

....

1,353
2,511
93,202
1,497
12,500

....

....

.

-

..

1,325
.

.

....

....

224

•

•

•

•

....

....

....

....

1,549

3,306

325

1,374

....

....

•

..

325

40,37o
6,970
3,181
2,002
10,471
108,9S0
3,258
29,000

Tot. this

week..

5,776

224

....

6,000

10,593 128,001 204,237

Tot.since

Sept. 1. 2123,651 497,525 679,044 3300,220 2991,691
The exports this weeK uuder the head or • otuer p ,»rta” include, lroiu Balti¬
more, 325 bales to Liverpool.
In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, at
the ports named.
We add also similar figures
which are prepared for our special use by Messrs.
*

for New York,
Carey, Yale &

Lambert. GO Beaver street:

80c.@$l 15.

There has been much

4,126

....

....

....

On

July 19, at—

Liver¬

pool.

Shipboard, not cleared—for
France.

Other

Foreign

Coast¬
wise.

Leaving

Total.

Now Orleans

4,250

100

None.

2,500

6,850

Mobile

None.

None.

None.

None.

None.

Stock.

9,000
806

Late engagements and charters in¬
100
100
1,253
None.
None.
None.
Savannah
clude : Grain to Liverpool, by steam, 6@G|d. per bushel; flour,
None.
None.
2,511
None.
None.
None.
Galveston...*
2s. 3d.@23. Gd. per barrel; bacon, 27s. 6J.@30s. per ton; cheese, New York
None.
90,702
None.
*2,500
None.
1,650
37s. 6d.@45s; butter, in refrigerators, 125s.; cotton, ^d. per lb.;
9,450 104,272
100
None.
2.600
5,900
Total
grain to London, by steam, G£@7d.; flour, 2s. 61.; grain to Hull,
Included in this amount there are 850 bales at Presses for foreign
by steam, 74d.; do. to Glasgow, by steam, 7id.@7^d.; do. to Bris¬ ports, the destination of which wo cannot learn.
From the foregoing statement it will he seen that, compared
tol, by steam, G£d.; do. to Bremen, by sail,7fd.; do. to Antwerp^
with the corresponding Aveek of last season, there is a decrease
by steam, 9f@9£d.; grain to Cork, for orders, 5s. 9d.@6s. per qr., in the
exports'this week of 4,593 bales, while the stocks to-night
latter rate for vessels to arrive; do. to Rotterdam, Gs.; do. to are
76,236 bales less than they were at this time a year ago. The
Bayonne, Gs.; do. to Lisbon, in ship’s bags, 16£c. gold; crude following is our usual table showing the movement of cotton at
petroleum to Bordeaux, 4s. 5d.; refined do. to the Bailie, 5s. od. all the ports from Sept. 1 to July 12, the latest mail dates:
EXPOR TEI> SINCE SEPT. 1 TO—
RECEIPTS SINCE
@5s. 4£d.; do. to Hamburg, 4s. 3d.; do. to Cork for orders, 4s. 9d.
SEPT. 1.
Stock.
i Other
Great
(a)5s., as to ports; do. to Riga, 5s.; naphtha to London, 4s. Od. Ports.
Total.
I> ranee.
1876.
Britain.
foreign
1877.
To-day, rates were steadier; grain to Liverpool, by steam, 6^@6f d.;
1441,085' 21,038
do. to Glasgow, by steam, 7d.; do. to Avonmouth, by steam, Gfd.; N.Orlns 1367,632 1177,021 811,099 325,406 304,580
1,253
Mobile. 412,243 356,895 106,381 26,146 31,566 161,093
do. to Havre, 5s. 9d. per qr.; do. to Cork, for orders, Gs. l^d.; do.
346
Cliar’n* 457,750 469,327 131,935 70,355 103,584 305,874
to Antwerp, 5s. 9d.; refined petroleum to the Mediterranean and
138,748
1,202
351,316
36,351
Sav’h.. 596,053 475,449 176,247
2,933
Trieste, 5s. 3d.; do. to Naples, 4s. 9d.
Galv.*. 445,759 500,368 186,172 26,971 11,291 224,434
376,614
102,206
47,308
9,217
320,119
120,990
The business in naval stores has been rather limited and of N. York 143,401
20,379
14,284
little importance; the finer grades of rosin have met with the Florida
73
56,677
1,780 19,890
35,007
N. Car.
143,129 128,730
most attrition, lower grades being neglected and quoted barely
2,929
160,691
2,000
1,075
Norf’k*
506,777 550,996 156,687
19,148 213,376 15,500
eteady at $1 42£@$1 47£ for common to good strained ; spirits Other.. 161,523 140,007 194,228
turpentine at one time sold at 28c., but latterly moat business This
2117,875^497,301 679,044 3294,220|l46,556
yr. 4248,551
was effected at an improvement to 28^c.
There has been quite a
3949,162 210i,i79i44S,33l 428,588 2981,098 221,610
Last yr.
liberal business effected in petroleum, but at lower prices, and the
particulars given have consequently been more or less of an Galveston la included ludlanola, &e.; under the head of Norfolk la included City
indefinite nature. Crude,in bulk, quoted at Gjc.; refined, in bbls., Point, &e.
These mail returns do not correspond precisely with the total
at lOfc. asked for August delivery.
Inirot copper whs about
of the telegraphic figures, because in preparing them it is ahvaya
steady at 16@16£c. for Lake, with 100,000 lbs sold. Whiskey dull
necessary to incorporate every correction made at the ports.
a* $107*.
declines have been slight.




.

*

/

->

•

«<•••«

001
3.5
8
420 . /
1
70

THE CHRONICLE.

0
0
3
.
2
8
4
2
0082.31
The market for cotton on the
spot has been more active, at firm
prices, but down to the close of last Wednesday’s business there
was no
quotable advance. The demand was mainly for home
consumption; but there was also some business for export, and
more
doing for speculation, the latter promoted by the rapid
reduction of stocks on hand, which fell on
Wednesday below
100,000 bales at this point, with only 42,000 bales at all the other
ports. Yesterday, there was a nominal advance of
1-16c., to ll^c.
for middling uplands, but there was less
doing for home con¬
sumption. To-day, the market was firm at yesterday's advance,
with a renewal of
activity on spinners’ account. The speculation
in futures has been fitful and, the course of
prices quite irregular;
yet, in the aggregate, there has been more doing and
higher
prices made. On Saturday, there was some decline in the
quota¬
tions for this crop, and a moderate advance for
the next.
On
Monday, duly alone exhibited weakness, but there was only a
slight and partial advance in the other months. On Tuesday,
the market was at times
quite buoyant, and the close was at a
considerable advance for July and August, but the next
crop was
only 3@5 points higher. "Wednesday opened with a general im¬
provement, but, except for this crop, there was no advance at the
close.
Thursday, the opening was stronger, but the speculation
was
mainly in August contracts, and the early improvement
was scon
lost, under the very favorable weather reports received
by the Cotton Exchange from the South. The Liverpool market
lias sent a pretty
strong report throughout the week, and we sym¬
pathized pretty closely with its variations. The report of the
Agricultural Bureau for June was made public on
Tuesday and
Wednesday, and was more favorable to crop prospects than was
generally expected, and, accompanied as it was with the
resigna¬
tion of the former statistician of the
Bureau, it was generally
ignored; and yet it had finally some effect in checking
the upward
course of values,
especially as the later weather reports were
exceptionally good.
To-day, August was dearer and active, with
-a
pretty fair business in September and October, at about steady
prices, but the later months were neglected and weak.
The
changes of the. week are as follows: Advances of 1-1 Gc. for spots,
15 points for transferable orders and
July, 12 points for August,
and 3@5 -points for the next
crop.
The total sales for forward
delivery for the week are 184,900
bales, including — free on board. For immediate
delivery the
total sales foot
up this week 7,421 bales, including
188 for
export, 6,348 for consumption and 833 for
speculation.
Of
the above,
bales were to arrive. The
following
tables
show
the official quotations and sales for each
day of the past week:'

For
Bales.

009.35
,

July.

Bales.
1,500

Cts

200 P.u.lOth
TOO e.n.'>7.h
200
700

1,000

11 40
1T40 |
11-40 I
31-42

11-43
11-44
11-45

500

10,800.....

I

Pa’es.

ft*.

300

11-21

11-4H
....11-49
11-50

.

.11-63

August,.

100
500
400

.

700
500
1,100.

3,200....

11-24

2 200

11-75

900
200

2,000
4,700./.
4,600

11-20
11-27

5,600

11*28

7,700

2.100

11*34

900

3,200

3,000
2,700

5,500
1/00.

5,100

5,400

For October.
600

11-11
H-12
11-13
11 14
11-15
1116
11 17
11-18
:... 11-19
11-20

1,000

3,000
3,5(0
800

3,900
3,400

200

10-97
10 98
10-99

700
500

1100
11-01

500

40,900

11-48
11-49
11-50
11-51
11-52
11-53
11-54
11-55
11-56
11-57 i
11 58

3,300

«

=ept. or Aug.
Sept, for uj.

,...1104

8,300

!

For January.
10-98
100
11-02

I

600...

I

900

11-05
11-06

made

Friday, July 19. Sat.

ORLE’NS

Ordinary

$ lb.

Ordinary...

Sat.

a0

B

Fair

104

104

1078

11

114

114

114

Mon

114

11°1(1,

12-">8

124

124

13*8

134

134

124
134

124
12*4
134

124
134

124
12*4

99i6
91o1G

12*4

|134

134

9«; G

.

13*8

134

Tfi.

134

94

10
Good Ordinary
104
8trict Good Ord... lOl^io
Low Middling
ii*ic
Strict Low Mid.... 114
Middling
,114
Good Middling.... 114
Strict Good Mid.
!12*i6
.

Middling Fair
Fair

Tli.

Frl.

94

94

94

jlO
104

10

104

134

134

Tli.

134

Frl.

Tit.

134

114
114

114
114

114

114

;

Good Ordinary...

3 0

9*4
104

9*4
104

9*4
104

104

104

104

104

104

10-4

114

114

114

114

114

114
114

11-4

1 14
12

114

114

12

12

12

Sat.

Mou

)Tuej» Wed

Tli.

.......

MARKET AND SALES.
SALES OF SPOT AND TRANSIT.

.

.jFirm

Total

11*26

1,300

11-31
11*33

TOO
100
300
100
200

.11*5#
11*3*

1130
11*40

2,200

-05 pd.-to e cch. 201 J-ily
f >r Aug.
-32 pd. to ex h. 100 sept, for
Aug.

.

.

.

.

.

.

4-814

4*814

The Visible Supfly of

1878.

709,000

11,750
Total Great Britain stock
Stock at Havre
Stock at Marseilles

.

Stock at Barcelona
Stock at Hamburg

Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at

Ex-

Con- Spec- Tran¬

port. sump ul’t’n

...J

....j

.

sit.

398

089

....! 022
188 1,293
....“ 900

2,410

....

185

*

493
200

Total.
398
089
022

Sales.

1,070
1,393
2,040

30,200
25.700
43,000
40,000
30,300
15.700

7 424

184,900

Deliv¬
eries.

cn c00c

^1c*0. c0c 000

9,750
0,500

Antwerp
,

24,000

300,750
India cotton afloat for

Europe.
,

Stock in United States ports
Stock in U. S. interior ports..
United States exports to-day..
..

.

1877.

958,000
37,000

1870.
1875.
993.000 T,036,000

46,500

105,500

995,000 1,039,500 1,141,50(4
209,750
170,000
180.000
7,500
8,000
8,500
70,000
83,500
70,000
17,750
13,250
13,500
59.750
*73,750
41,250
47,500
63,500
39,250
11,500
15,250
10,000
7,750
18,250
4,750
15,750
22,000
16,000
'

401,250

453,500

383,250

1,087,500 1,456,250 1,493,000 1,524,750
251,000
339,000
403,000
569,000

i

77.000

138,000

142,000

101,000

s

10,000
128,001

20,000
204,237
15,415
2,000

27,000

217,259

33,000
136,500

30,198
2,000

11,230
2,000

8,547
4,000

'

.1,500,048 2,174,902 2,314,457 2,377,510

Of Jhc above, the totals of American and
other
follows:

descriptions

are as

,

American—

Liverpool stock...
Continental stocks
American afloat to Europe
United States stock
United States interior stocks..
United States exports to-day..

5GG,000
311,000
77,000
128,001

377,000

571,000
330,000

592,000

138,000
204,237

101,000

8,547

142,000
217,259

15,415

4,000

30,198*

2,000

G1S,000

Total American
bales. 1,094,548 l,354,6o2
East Indian, Brazil, die.—

Liverpool stock

143,000

Loudon stock
Continental stocks
India all oat for Europe

11,750
55,750
251,000
10,000

Egypt, Brazil, &c., alloat
Total East India, <fcc
Total American

m cc

1,800

720,750
180,750
0,000
34,000
7,000
41,750

51,000

.

Stock at other c-onti’utal ports.

FUTURES.

For forward delivery, the sales have reached
during the week
184,900 bales (all middling or on the basis of
middling), and the
following is a statement of the Biles and prices:




For May.

100

.

*•

i

|

.

Fri.

97,6
97; G 97,6 97,6 94
94
! 9146 9^,6 9i-Te 915,6 10
10
10716 10‘,6 107lf., I0*i6 104
104
:11
11
11
11
H4c H4c

-T7|

Sat. .'Dull
Mon .’Dull, easy
Tues .'-Quiet:
Wed Firm
Thurs Steady, higher
Fri.

1125

800

.

9*4

■

SPOT < MARKET
CLOSED.

11*22
11*24

.

Frl.

12*16 12*16 12*,6 12-5,6 125,6 125,6 1346
l2Hi6 12146 1211J6 1211,6 121*, 6 121*16 121*16 121*16
.13'16 13*16 137,6 137,6 139,6 13»10 139i6 139,6

Strict Good Ordinary
Low Middling.!^

pril.

.

500
100

UPLANDS—AMERICAN CLASSIFICATION.
Sat.
Mon.
Tues.
Wed.
Thurs.
Fri.
Market— Var'ble.Irregular. Var’ble.
Higher. Var’ble. Var’blc.Ir’rg’Ir..
11-40
July
11-44
11-42
11-50
11-57
11-57
1101
11-51
August
11-49
11-51
11-57
11-00
11-01
11’63
September....
11-24
11-27
11-28
11-31
11-30
11-29
11-28?
October
11-11
1113
11-14
11-18
11-18
1115
11*14
November
10-95
11-00
10-99
11-02
1102
1101
10-99
December....
10-94
10-98
10-98
11-01
11-01
11-00
10*90
.•
1048
January
11-03
11-03
11-00
11-00
1L-04
1103
11-04
February
11-08
11-09
11-12
1112
11-09
11*08
March
11-12
11-15
11-10
1119
11-20
11-10
11*1G
April
11-21
11-25
11-24
11-28
11-28
11-25
11*25
May
11-31
11-33
11-34
11-38
11-37
11-35
11*34
Transfer orders 11-50
11-50
11-45
11-55
11-00
1100
11*65
Closed—
Easy. Steady.
Firm. Steady. Quiet.
Dull. Steady.
Gold
1004
1004
1004
100*8
100*8
100*8
100%
Exchange
4*824 4*824
4-814 4-814 4-814

10151(. 1015] q 1015,6 H4c 114c H4c 114c
11*16 11*16 U*16 115,6 11°16 115,6 11°1G

STAINED.

Middling

134

Frt.
i

Ordinary
lb.
Strict Ordinary...

For A

200.

Fri.

124

99,6
9916
911,6
911ic 914c
Strict Ordinary..
9146 914c 915,6 104c 101,6 101,6 104c
Good Ordinary
19'IQ 107,6 10*16 107,6 109,6 109,6 109,6 109,6
Strict Good Ord... 104
104
11
104
11
11
11
1078
Low Middling
114
114
114
114
114
114
114'
Strict Low Mid.... 1 1 ui6 11
16
ii4o 1 la, 6 11 * 1 c 117,6 114c 114c
Middling
11716 H”i6 ii7ig 117,6 119,6 H91C 119,6 11°16
Good Middling..
111*16 11l*i6 1104c 1U*16 ll15ic lli°ic 114(1 1113,6
Strict Good Mid... 124
124
124
124
124
124
124
124
Middling Fair
124
124
124
124
12*4
12*4
12*4
12*4

Fair

900

Mon.

Sat.

1

$ lb.

...11*21

MIDDLING

TEXAS.

Toes Wed Tues Wed Tues Wed Tues Wed

Ordinary

100

The following will show the
closing prices bid for future
delivery, and the tone of the market at three o’clock P. M., on
the several dates named*

1151G 115,6 llTG
11" in
Middling
1171<J ll’lG 117,6 1 19,6
Good Middling....
111310 11^16 U1*1G llla16 1115,6 lli516!llloi6 1llolG
Strict Good Mid... 124
124
124
124
124

Middling Fair

■

.114
11*20

Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for
Great Britain and the afloat
on™! 9U16 SHxc for the Continent are this week’s
returns, and consequently
104c 104c 104 c
brought down to Thursday evening; hence, to make the totals
109,6 109,6 109,6
11
the complete figures for
11
11
to-night (July 19), we add the item of
114
114
114
exports from the United States,
including in it the exports of
114c 117,6 H4c
Friday only:
119,6 J1191C 114c

Sat.

9»in
9916
9916
99,6 ' 911,6
9loi6 91^6 9l°l6 9ioi6i 101,6
10~io 10‘16 10”l 6 10716 109,6

Good Ordinary.
Strict Good Old... UJ‘8
Low Middling
IVs
Strict Low Mid....
1151(5
..

For March.
200
600

.

Mon

1

Strict

1,100
'

)

to

ALABAMA.) N.

11-1*
1115

20..

during the week:

.

UPLANDS.

February.

.

11-03 |

100

I

*....11-07

1102

900
200

following exchanges have been

•22 pd. to ex h. 100
*29 pd. to exch. 100

100
400
200..
200..

For December.
500
10P3
300
10-95
300
10-96

11-47

5.800

For

....10 97
lO’V-8
10-99
11-00
11-01
11-02
11-03
,11-04
1105

1,200

For September.
200
11-23

-v

1,800

For November.

11-04
1T65

11-29
.11-30
11-31
11-32
11-33

Tale?.
100.

23,300

94,100

5,900

The

Ct«.
11-59
1160
11-61
11-02

11-47

.

For

6,800

i

100 s .n
1153
1(H).
.11-54
200.
...11-55
100 s D.'.O.h 11-50
300
...10 50
700
11-57
100
11-58
200
1100

0,100
8,000

8,600

•

11 45

400
100
100
200

LVol. XXVII.

310,000
37,000
84,250
339,000
20,000

2,000

198,000
130,530
11,230
2,000

1,298,457 1,040,760
422,000
40,500
117,500
403,000
27,000

444,000
105,500185,250
509,000
33,000

471,500
820,250 1,010,000 1,330,750
.1,094,548 1,354,052 1,298,457 1,010,760
.

Total visilde supply
Price Mid. Upl., Liverpool

1,500,048 2,174,902 2,314,457 2,377,510
G^d.
0%!.
57ad.
6i»ied_
These figures indicate a decrease in the cotton in
sight to-night
of 608,854 bales as
compared with the same date of 1877, a
decrease of 748,409 bales as
of

1870, and

a

compared with the corresponding dateas compared with 1875.

decrease of 811,402 bales

July 20,

New Orleans, Louisiana.—It has rained on four
week, the rainfall reaching fifty-seven hundredths
The thermometer lias averaged 82. -

movement—that is the receipts
and stocks to-night, and for the
week of 1877—is set out in detail in the following

At the Interior Ports tlie
amd shipments for the week,

►corresponding

Week ending July

Receipts isiiipm’ts

Augusta, Ga
Columbus, Ga
Macon, Ga
Montgomery, Ala
^Selina, Ala
Memphis, Tenn..
Kashville, Tenn..

'

•

Week ending July

20, ’77.

Stock.

Receipts Shipm’ts

Stock.

980
34
29
69
45
501
262

1,310

586
2.962
647

266
52
30
23
14
631
241

1,257

1,920

15,415

2,112

533
149

354
81
11
69
20
458
31

19, ’78.

498
652

77
145

1,090

49

1,877
....

Total, old ports.

1,030

2,830

8,547

Dallas, Texas*...

10

10
8
175
87

10
30

•Jefferson, Tex*
Shreveport, La

,

..

123
71
7
24

..

Vicksburg, Miss.
Columbus, Miss..
Eiitaula, Ala
Griffin, Ga

5
1
6

ll2

Atlanta, Gn,
Kome, Ga

5
83

1

184

1,548
202

194

58
448

1,517

1,375

3,126
6,194

2,440

12,564

4,360

27,979

55
t 56
217
90
971
217
317

93

....

181

1,528

2,225

6,9 47

|

2,085

1

2,558

5,055

'15,494

|

3,342

....

1

The above totals show that the old interior stocks have
'decreased during the week 1,800 bales, and are to-night 6,S 8
bales less than at the same period last year,
'i he receipts at the
same towns have been 227 bales less than the same week last
year.

Plantations.—Referring to our remarks
previous issue for an explanation of this tabie, we now bring
the figures down one week later, closing to-night:
Receipt from TnE

ill

a

RECEIPTS

PROM

Receipts at the Ports.

Week

'ending—
May

1878.

3.

2(5,002

16,560
17.309

44

10.

26,441

“

17.

19,095

~

21.

“

31.

1

Jaae 7.
44

1877.

1

16,283
16 330 12,147
13,84'
9,669
10,456
9,390
8,526
8,441
10,493
8,52*

-

1878.

Stock at Inter’r Ports
1876.

1877.

31,196 115,076 U 7,534
24,25 106.301 97,096
20,797 99.986 85,376
92,916 79,009
19,732
18,220 87,711 67,786
12,380 82,569 57,500
76,0.54 52,154
11,23!
67.712 45,709
10,721
61,078 35,811
6,87*
32.077
57,865
5,949
5,2 ;7j 53,736 28,997
3,782- 49,532 27,979

1878. |

1876.

75,550
65,770
56,433
46,305
39/25

20,252
17,066
13,680
9,2:0
8,' 05
5,314
1,929
2,151
1,925
5,448
1,876

34,154
29,315

| 1^78.

1877.

7,020; 17,604
7,471
4,968

14,4:2
10,760

4.7 0

9.604

.

10,940

.

....

3,171

7.59

6,392

day this week,

on one

.

„

and dry all
Good progress
Average ther¬

Memphis, Tennessee.—The weather has been warm

the week, and crop accounts are more favorable.
is being made in clearing the fields of grass.

88, highest 97 and lowest 78.
Mobile, Alabama.—We have had warm,

mometer

dry weather during

is developing promisingly, and the cotton
plant looks strong and healthy, but there are some complaints,
'the bottom crop will he poor.
Caterpillars have certainlyappeared, though the injury done is as yet limited.
Average
thermometer 85, highest 98 and lowest 74.
Montgomery, Alabama.—It has rained on two days of the week
just closed, the rainfall reaching forty-six hundredths of an inch.
The thermometer has averaged 94, the highest point touched
having been 97 and the lowest 73.
Selma, Alabama.— I he weather during the week has been
warm and dry, rain having fallen on only one day.
Accounts
from the interior are conflicting.
We hear rumors of the appear¬
ance
of caterpillars, but think them of very little importance.
Average thermometer 84. The rainfall has been twelve hun¬
the week.

The crop

dredths of

inch.

an

had rain on three days, the rain¬

Madison, Florida.—We have
j Rec’pts from Plant’ns

here

the rainfall reaching one inch and seventy-four hundredths. The
thermometer has averaged 85, with an extreme range of 76
and 94.
-

PLANTATIONS.

<

received.

.

Nashville, Tennessee.—It has rained

'

t Actual count.

Estimated.

ing 84.

289

p’rts!

Total, all

86

....

959

886

....

....

rainfall.

Columbus, Mississippi.—Telegram not

8,818
1,592

212
76

no

Little Rock, Arkansas.—The weather during the week has been
clear and hot, and crop reports are in consequence much more
favorable.
The thermometer has ranged from 73 to 93, averag¬

220

36
189
551
40
190
76

1,745
3,155

Louis, Mo
Cincinnati, O
St.

had

679
786

....

ioo

26
42
301
812

Charlotte, N. C...

Total, new

"

2,010

123

78

days of the
of an inch.

Shreveport, Louisiana.—The weather during the week has been,
dry and hot, and favorable to the early development of the crop.
Prospects are more encouraging. There are no signs of worms.
Average thermometer 87, highest 96 and lowest 78.
Vicksburg, Mississippi.—The thermometer has averaged 84 dur¬
ing the week, the highest being 98 and the lowest 74. We have

^statement:

*

71

THE CHRONICLE.

1879.]

The thermometer
range of 90

fall reaching thirty-five hundredths of an inch.
has averaged 86 during the week,
an extreme
The bottom crop is safe and very abundant.
and 82.

with

Macon, Georgia.—It lias

rained

day this week. The
98 and the low¬

on one

thermometer has averaged 85, the highest being
est 66.
The crop is developing promisingly.

day this week
do much good.

Columbus, Georgia.—Rain has fallen on one
(five hundredths of an inch), but not enough to

though the injury done is

Caterpillars have certainly appeared,
as

The crop is developing promisingly.

yet limited.

mometer has

The ther¬

averaged 81.
4,693
2,141
23,257
21.
Savannah, Georgia.—We have had rain on four days, the rain¬
4,832 fall
21,24 >
23.
6,519
8,559
reaching one inch and fifty-three hundredths, but the rest of
4,381 the week has been pleasant.
2,363
19//75
8,661
6,102
The thermometer has ranged from
July 5.
3,645 74 to 95, averaging 83.
1,324
18,013
4.414
jo
6,005
88S: 2,658
1,243
15,494
5.042
19.
3,6 6
Augusta, Georgia.—The weather the past week has been
extremely
hot. It has rained lightly on two days, the rainfall
!| 88,994*1 35,9)1 95,078
Total.
100.233(119,116 170,42"|
reaching forty-seven hundredths of an inch. 'I he crop is develop¬
Average thermometer
This statement shows U3 that although the receipts at the ports ing promisingly and accounts are good.
the past week were 3,782 bales, the actual from plantations 89, highest 104 and lowest 72.
Charleston, South Carolina.—It has been showery three days
were only
1,243 bales, the balance being drawn from stocks at
of the week, the rainfall reaching six inches and twenty-four
the interior ports.
Last year the receipts from the plantations
The thermometer lias averaged 82, the highest
for the same week were 2,653 bales, and for 1876 they were 888 hundredths.
being 93 and the lowest 73.
bales.
The following statement we have also received by telegraph,
W eatiier Reports by Telegraph.—There has been a very
showing the height of the rivers at the points named at 3 o’clock
decided change for the better in all,.of the rainy district this July 18. 1878.
We give last year’s figures (July 19, 1877) for
week, though there have been light showers at Galveston on two comparison:
July 18, ’78. July 19, ’77.
clays. Picking has begun in the lower counties of Texas, and a
Feet. Ineh.
Feet. Incli.
new bale of cotton was received at Galveston on Wednesday,
1
5
1
5
.Below high-water mark
11
17
O
10
proving that the crop in that section is unusually early, as our
..Above low-water mark...
S
4
0
3
.Above low-water mark...
reports have all along shown. In the Atlantic States the progress
3
15
4
22
..Above low-water mark...
making appears to continue satisfactory.
9
33
11
31
Above low-water mark...
Galveston,'Texas.—We have had showers on two days this
New Orleans reported below high-water mark of 1871 until
cveek, the rainfall reaching ninety-five hundredths of an inch.
No additional serious damage has been done, but dry weather is Sept. 9, 1874, when the zero of gauge was changed to high-water
badly needed. Picking has begun, and the first bale was receiv¬ mark of April 15 and 16, 1874, which is 6-10tlis of a foot above
ed here last Wednesday.
Average thermometer 86, highest 95 1871, or 10 feet above low-water mark at that point.
14

“
«

«

44

.

•

.

-.

..

.

.

.

and lowest 78.

Indianola, Texas.—There has been a sprinkle here on one day,
the week has been dry, hot and favorable.

but the remainder of

There is less fear of

ginning.

caterpillars in consequence.

Picking is be¬

Average thermometer 87, highest 96 and lowest 78.

hundredths of an inch.
Texas.—The weather has been warm and dry
throughout the week, and crop accounts are more favorable.
The rainfall has reached three

Corsicana,

the fields of weeds. The
averaging 83.
Dallas, Texas.—It has been warm and dry here all the week.
Crop accounts are more favorable, and good progress is being
made in clearing the fields of weeds; but some sections are still
.grassy and are needing work and dry weather badly. The ther¬
mometer has averaged 84, the highest being 100 and the
Good progress is being made in clearing
thermometer has ranged from 73 to 101,

Comparative Port Receipts and

comparison of the port movement by weeks is not accurate,
the weeks in different years do not end on the same day of the
We have consequently added to our other standing
month.
tables a daily and monthly statement, that the reader may con¬
stantly have before him the data for seeing the exact relative
as

movement for the years

eich port

D’ys
of
we’k

comparatively harmless, yet dry weather is needed. South¬
ward, caterpillars have certainly appeared, though the injury
<lone has as yet been very limited—in fact, none.
The fields are
being cleared of weeds, and with continued dry weather the
prospect will be excellent. Average thermometer 87, highest 98
was

■and lowest 79.




named.

First we give the receipts at

each day of the week ending

PORT RECEIPTS

lowest 74.

Brenham, Texas.—It has rained here on two days, light show¬
ers, the rainfall reaching thirty hundredths of an inch.
The rain

Daily Crop Movement.—

A

New
Or¬
leans.

FROM SATURDAY,

to-night.

J.ULY 13, ’78, TO FRIDAY. JULY

GalMo- * Char¬ Savan¬
bile. leston. nah. vest’n.

Nor¬
folk.

Wil¬

ming¬
ton.

19, ’78*

All
others.

Total.

346

107

25

36

107

26

20

25

Mon

124

50

27

150

71

128

2

282 3

Tues

245

22

97

GO

19

4

1

115

563

....

140

793

Sat,.

Wed
Tliur

103
78

.

1G

G4

198

51

54

101

Fri..

79

5G

182

44

Tot’l

730

220

4G0

660

135

834

24

208

613

18

231

5

18

633

290

590

57

7G3

3,782

27i
.

137

....

70

*

,72

THE CHRONICLE.

The movement each month Bince
Year
1877.

Bept’mbT

98,491

October..
Novemb’r
Decemb’r

1875.

February.

578,533
822,493
900,119
689,610
472,054

236,868
675,260
901,392
787,769
500,680
449,686

169,077
610,316
740,116
821,177
637,067
479,801

March.

340,525

182,937

197,965
96,314
42,142

100,191

300,128
163,593
92,600
42,234

April
May

.

..

..

..

June

68,939

36,030

follows:

1873.

1872.

Beginning September

1876.

January

ae

1874.

134,376

536,968
676,295

759,036
444,052
383,324
251,433
133,598
81,780
56,010

*

Compared with last

year there is at least 5 per cent increased
acreage, 10 per cent improved condition, besides
being one to two
weeks earlier, and 10
per cent increase in fertilizers.
This is a
combination of favorable features
very seldom secured.
We may
add that in our own
opinion the crop in South Carolina is
very

1.

115,255
355,323
576,103
811,668
702,168
482,688
332,703
173,986
127,346
59,501

184,744
444,003
530,153
524,975
569,430
462,552
309,307

similarly situated.

The close of Mr. Janes’
report

bales

than at

more

above totals to

he able to reach
*

293,491 bales

were

the

218,879

county—Forsyth and Whitfield—
July 1; average date, June 20.
In Middle
Georgia, earliest
bloom—in Jasper and
Lincoln—May
15; latest first bloom—Fulton
—June 25; average date, June G.
In Southwest
Georgia, earliest
—Thomas—May 4; latest first bloom—Colquitt—June
15; aver- '
age date May 28.
In East Georgia, earliest bloom—Emanuel—
May 4; latest first bloom—Richmond—June
15; average' date,
June 1.
In Southeast

173,693
72,602

an

exact

comparison of the

[

1877-78.

July 1....
“

970

3....

1,176

4....

“

5....

“

6....

“

7....

1875-76.

1873-74.

1872-73.

1874-75.

S.

S.

j
1,864;

761

»

3,456,872 3,736,741 3,490,338
1,073
486
1,456
3,6S4

1,541

8401
S.

806

1,315

961

780

3,201

849

1,184

656

1,289

452

4,539

3,045
679

1,505
1,006

4,248
2,931

872

1,782

3A83

1,323

3,074
2,665

930

“

9....

1,013

815

10....

796

798

S.

S.

726

668

S.

1,128

S.

“

11....

674

634

“

694

12....

1,034

479

1,485

13....

346

726

629

439

758

1,731

1,282

1,203

1,042

978
S.

325

1,507
1,187
1,527
1,181

“
“

14....

S.

15....

834

S.

"

16....

563

364

“

17....

793

572

“

18....

613

839

19....

633

415

.

Total..

..

3,851
3,572
3,890

914

8....

“

'

367

8481

1,163

543
650

2,518
1,009
2,067

“

“

for tlie

S.

465

237
S.

1,094

S.

S.

653

1,468
1,247

2,272

489

s.

-

<•

,

97*24

99*20

98*82

received

July 19 in each

Georgia

Report

RAINFALL BY SECTIONS—MAY AND
JUNE.

May.

Norfolk

June.—We

in

than usual.

gives

as

The statement of

follows:

condition, &c., in

each section, he

Condition and Condition and

Sections.

prospect

compared to
an

-

North

average.

prospect

com¬

13*88

16*84

3*03
2*25
3*28

1*18
0*95
1*00

1*97
5*00

Total.,...

9*16

Jacksonville.

Georgia

1(3

103

Middle Georg:

June 20

107

11*2

Southwest GeoiL.a,

June

106

114

May 28

103

109

June

East

Georgia.

Southeast Georgia
General average

This shows

111)

111

105

110

6

1

Ma}' 29
.

condition 5 per cent above the
general average,
one to two weeks earlier
than last year.
Our
acreage report showed an increase over last
year of at least
5 per cent in
acreage and 10 per cent in fertilizers. From
these
figures the reader can easily make out what kind
of a crop we
a

and 10 per cent above and

may look for from Georgia, according to the
present promise.




4*79
5*09
7*48" 12*44
10*31 14*98
31*10

51*31

20*30

3*41
5*47
4*83

6*67
4*07
7*16

7*96

4*45

1*10
1*84
3*68

3*25
4*81

6*59
4*58
3*62

3*13

11*42

6*62

13*71

17*90

16*02

14*79

1*5-2

1*75

2*41

1*80

9*08
3*25
1*46

5*39

1*68
1*48
1*80
2*20

1*86
1*58
4*33
7*10
10*27
0*32

5*03

4*90

2*53
1*50
1*45

3*47
2*70

7*10
6*90
7*07
2*75
2*68
4*81

4*17
11*56
3*35
6*20
2*63
1*19

5*41
5*73
2*45
4*92
0*89
0*35

Total

26*23

10*71

25*46

19*27

32*39

31*31

29*10

19*75

Montgomery.

4*06
4*20
4*57
7*04
2*33
8*09
3*66
5*75
4*00

0*82
2*50
0*69

6*55

1*67
3*90
1*69

5*85
7*60
8*81

0*91
2*03

7*65

2*91
8*90
3*76
2*55
6*02

405
1*79
5*63
3*00
2*72
0*79
1*00

43*70

28*42

Atlanta

....

.

'

Saint Marks.
Mobile
New Orleans.

8*11
3*90

Galveston..
Indianola....
.

Fayette

.

l

Total

-

7*24
6*60
7*35

2*03
1*40

3*28
5*45
5*47
5*42
7*95

10*85
18*16
4*56
2*60

4*85
2*40
1*74
2*08
5*70
3*89
2*70
3*09
3*51

21*94

57*48

60*34

30*02

1*24
1*25
0*70
1*81

5*80
6*24
9*47
4*94
4*70
8*49

4*21

'4*75
4*35

4*56
0*83

18*11

51*58

4*10

1*94
7*50

This statement shows that in
June, for all portions of the
Atlantic States, less rain fell than in
average years; and that
even in the other
sections the most of the stations
compare
very favorably with last year.
This indication

closely with the prospect
it.

bloom.

1875.

21*92

Augusta

have their crop

first

2*84
8*51
3*20

’

1876.

18*80

date of

pared to this

3*77
2*25

5*13
4*33
5*47
6*99

1877.

8*52

Average

time last year.

0-90

9*95

states that the season has

generally favorable for cotton, though too wet in some
counties, and as a result of the rain,
apprehensions of rust are
felt; furthermore, that the crop is from one to
two weeks earlier

4*42
3*44

18*24

Total

..

been

1878.

1*1.1

-

..

one

1875.

Savannah....

..

This

1876.

1*38
11*67
3*15
4*10

...

South.

1877.

Wilmington..
Charleston...

Vicksburg
receipt this week of the report for June of Mr.
Janes, Commis. Shreveport
sioner of Agriculture for
Georgia. Each succeeding year he is Nashville....
Little Rock
making his reports more complete and useful.
Memphis
They
the
are
most helpful
Corsicana
publications we have ever received with
regard to Dallas
any
the

portion of

j

2*84
2 36
2*71
2*04

97*14

are

June.

6*01
4*80
6*32

receipts which had been
for

similarity of conditions

which prevail in each
group:

of the years named.

Agricultural

editorial

our

.

receipts since Sept. 1 up to
to-night are now 299,795 bales more than they were to the same
day of the month in 1877, and 176,955 bales more than
they
were to the same
day of the month in 1876. We add to the last
total port

Weather.—We give in

our rainfall returns and other weather data
for
June.
The table covers four
years for comparison and includes
five months of each
year. As there has been much
anxiety during
June on account of the rain in
some districts, we
reproduce here
the figures on that
point for April and May, divided
up into
groups of stations, according to a usual

1878.

"This statement shows that the

•

and

to-day

Columbus,Ga

97*88

the percentages of

June Rainfall

columns

S.

Percentage of total

table

reports say that owing
frequent heavy rains the weed has been too
rapidly developed at
the expense of
fruitfulness, and in a belt running across
Middle
Georgia severe injury was inflicted by the hail storm of the
9th
June; but, on the whole, the prospect was never more
encourag¬
ing-”
to

Stations.

3,962
2,274
3,619
2,201
3,649
2,948

4,252,333 3,952,538 4,075,373 3,469;064
3,759,325 3,546,900

port receipts

date, May 29.

Georgia,

1

1S7G-77.

948

2....

“

movement

4,238,2461 3,939,755- 4,056,109

Tot.Je.30.

Georgia, earliest—Appling—May 10; latest

first
bloom—Liberty—June 9; average
“In some portions of Southicest

more

adding
the
July 1 the daily receipts since that time, we shall

different years.

“

July 1 the receipts at the

than in 1876 and 182,137
time in 1875.
By
to

same

follows:

of first
sections
of
the State.
In NortJt
Georgia, earliest bloom—in Banks and Gobi?
—June 9; latest first blooms in a

!

ports this year

as

In this connection, it is
interesting to note the dates
regular blooms, and the average dates in the several

Tot. Je.30 4,238,246 3,939,755
4,056,109 3,456,872 3,736,741 3,490,338
Perc’tage of tot. port
receipts June 30:.
97*5G
96*78
98*85
98*22
95*59

This statement shows that
up to

is

“

l

Monthly
Receipts.

Sept. 1 has been

[Vol xxvii.

The Atlantic States

as we

have from week

corresponds
given

to week

(especially Georgia and South Carolina)

in a more promising condition than for
many a
previous year; the other States, on the first of
June, were far in
advance of last year, because of the
better and earlier start, but
a little less
favorably situated than they were early in June.
With dry weather now in the wet
district, a very large crop
would seem probable.
'

Cost

of

Raising Cotton.—Much

taken

fruitless

discussion

has

place from time to time with regard to the actual cost
of
raising cotton in the South. In such a discussion no result is ever
reached (although planters of much
experience are frequently the
disputants; because there is actually so wide a difference in
management and cultivation.

subject by

a

farm

Our attention is called to
this

table given by Mr. Janes (the Georgia
Agricultural
his report just issued,
showing the cash and

Commissioner), in

credit prices of corn and bacon
(clear sides) prevailing July 1st in
the several sections of
Georgia. November 1st is assumed to be
tlie average extent of credit.

to

foctr. mos. Perct.per month. Perct.per anum.

Credit.

Cash.

Articles.

Sections.

Per

4

|

|

North

j Corn..

Georgia..

Middle Georgia
Southwest Georgia
East

Georgia

...

-

Southeast

Georgia

Average for the State...
Here

we see

1

;

1

^

105

35

37

57

14 2

171
100
120

$0 57

$0 79

0 07

9 11

j Corn..

0 78

1 C4

33

8-3

0 09-8

40

10*0

| B icon.

| Bacon.

0 07

j Corn..

0 79

1 16

47

11*7

141

| Bacon.
j Corn..
1 Bacon.

0 07*4

0 10*7

44

11*0

133

1 10

22

55

66

0 07

0 10

42

10-6

127

j Corn..

0 90

1 10

22

5*5

66

)Bacon.

0 07

0 10

42

10*6

127

$1 05

36

9 0

108

46

11*6

139

0 90

Shipments.—According to our cable despatch received
day, there have been 9,000 bales shipped from Bombay to

Bombay

CREDIT.

CASH VS.

73

CHRONICLE.

THE

1878.]

July 20,

and 12,000 bales to the Continent;
during this week have been 15,000

Great Britain the past week
while the receipts at Bombay
bales. The movement since
These are the figures of W.

the 1st of January is

follows.

as

Nicol & Co., of Bombay, and are
brought down to Thursday, July 18:

1873
1877
1870

Great

Conti¬

Brit’n.

nent.

Receipts.

Shipments since Jan. 1.

Shipments this week

Conti¬

Great
Total. Britain.

Total.

nent.

9,000 12,000 21,000 278.000 374,000
1,000 359,000 395,000
1,000
7,000 7,000 529,000 344,000

Since
Jan. 1.

This
Week.

052,000 15,000

833,000

2,000

980,000

3,000

977,000

754,000
873,000

'

j Corn

'

$0 75

0 104

0 07-1

| Bacon.

tliat the cash

could work his plantation and

man

From the

with last

foregoing it would appear that, compared

20,000 bales in the week’s ship¬
and that the total movement
in shipments of 102,000 bales,
compared with the corresponding period of 1877.

year, there has been an increase of
ments from Bombay to Europe,
since January 1 shows a decrease

Bagging, &c.—Bagging has not changed since
but there is an improvement to be noted in the

Gunny Bags,
last report,

our

though no large transactions are reported, yet the
what would send the credit man to the poor demand,
inquiry is becoming more active. There is a good trade doing in
house.
Only think of a person attempting to pay out of his busi¬ small parcels, and holders are still firm as to price, and the quo¬
ness 9 per cent a month for the use of money !
Of course, such tation is 104@llc. for 2 lb. and lU@llfc. for standard quality, and
Butts are in fair request
shiftless people cannot raise cotton at present prices or raise any¬ the market closes firm at these figures.
for jobbing parcels, but round lots are hard to move. The demand
thing else at a profit, so the most of them fail, and the large per seems to be increasing, but as yet the only parcels being taken are
cent charged for credit is the measure of the risk incurred.
small. Quotations are ruling steady, and holders are not disposed
Mr. Janes draws a moral;—“farmers raise your own supplies.” to accept less than 2 ll-l6@2$e.
make money on

It would

seem as

if this would not have to be said twice to the

The Exports of Cotton from New York this week show an
planter where the possibility of following the advice increase, as compared with last week, the total reaching 1,549
existed.
And yet, we suppose, even if Edison should prepare an bales, against 6,213 bales last week. Below we give our usual
instrument which would so swell the voice that when pointed at a table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
State every man in it should hear the words spoken, and Mr.
and direction since Sept. 1, 1877; and in the last column the total
Janes were to stand at its mouth shouting out his moral con¬ for the same period of
the previous year:
stantly, the class affected Would be converted very slowly and Exports of Cotton(bales) from New York: since SeDt.l, 18TT
many of them not at all.
Thrift, where it is not in a man, is a
Same
WEEK 15NDINO
bitter acquisition.
Total
period
same

Agricultural Department Report for July.—The

July
report of the Agricultural Department has been issued this week.
The condition figures, compared with the June and July figures
for previous years, are as follows:
States.

Alabama

July June July June July June July June July June July
81

82

68

101

104

92

95

89

102

85

91

'

3,803

Total Frencli

167

3,300

800

7C0

91

87

98

90

97

99

81

88 5

88

105

S9

90

103

103

91

97

80

91

94

94

93

100

92

95

82

93

94

101

90

96

102

99

Bremen and Hanover.....

101

102

90

94

94

100

101

102

82

92

93

85

Hamburg

Mississippi

;98

98

91

93

92

94

100

103

78

87

92

83

Louisiana

'98

95

98

102

89

92

95

105

70

73“

94

80

Total to N.

106

91

94

90

99

96

93

93

86

73

104

Arkansas

98

Tennessee

97

91

94

98

91

91

95

96

97

93

1U3

99
99

1C4

75

100

99

91
97

92
90

96

2,667

Bpai n, Opor to& Gibral tar & c

give the foregoing with some hesitancy, because the state¬
ment as telegraphed was full of errors.
Still, we understand
these figures correctly represent the conclusions of the depart¬
ment.
Bringing the two months together, and comparing this
year with last year, the following would represent the present
condition in each State:

Total

Spain, &c

The

North Carolina
Souih Carolina

Georgia

"

Florida....
Alabama

Mississippi

1

104

203

91

87

173

25

105

206

89

90

179

27

98

100

198

92

95

187

11

Virginia

Total.
•

87

81

168

82

68

170

*2

101

102

203

90

94

184

19

93

98

196

91

93

181

12

98

95

193

98

102'

200

*7

104

106

210

91

94

185

25

Arkansas

98

91

189

94

Tennessee

97

98

195

94

Louisiana

...

Texas

•

.

*

Decrease.

‘

•

*

321,444

370,313

224

9,326

9,033

•

•

115

....

224

....

•

•

•

....

200

....

....

....

....

....

....

6.031

9,033

20,718
4,986

15,029

19,296

6,171

44,910

24,078

•

,,,,

•

9,441

1,549

213

•

•

2,878

2,890

•

2,39S

759

2,393

3,640

378.193

407,069

following are the receipts of cotton at New York, Boston,

99

July.

1,325

Philadelphia and Baltimore for the past week, and since Sept.

101

June.

334,879
35,434

1

NEW

BOSTON.

YORK.

Since

;

Sept. 1.

1

This

Since

week.

Sept.l.

....

19,148

1/77:

FHILADELP’lA

BALTIMORE.

This
Since
week. Sept.l.

This Since
week. Sept.l

;

1

Inc'se.
Total.

5,757

200

•••*

6.687

fjrnnd Total

New Orleans..
Texas
Savannah
Mobile..
Florida
3’th Carolina
N’th Carolina.

July.

•

•

....

1S77.
'

June.

•

,

This
week.

1878.

•

....

rkce’tsfrom

States.

•

All others

year.

315.687

....

700

2,967

Europe.

prev’us

75

...

....

to

date.

1,250

•

93

We

13

....

...

104

13
....

....

16T

-

—

Other ports

Texas

2,081

17.

10

3.

Havre
1
Other French ports

99

102

484

July

Ju’y

2,C8l

101

82

July

3,553

June
87

June
26.

3,069

Other British Ports

Total to Gt. Britain

South Carolina..
Florida

Liverpool

r—1878—,,—1877—.,—1876—,,—1875—, ^--1874—.r-1873—,
North Carolina;

Georgia

EXPORTED to

94

183

1

96

190

5

2,033
554

1,029

84,55

”2
261
13
175

'6

Tennessee, &c

137
274

5,092
106,792
51,927
162,280

J

8,310
30,389

i

115,417
..

’

North’rn Porte

Foreign

199,370 !

•

3.246

i

.

•

.

4,660

\

!

13,993 !
143,5 8
5,280 |

Total this year

4,484

923,734

1

Total last year.

5,272

914,429

|

m

•

•

....

1

156 59.P531
1,104 104,895
250 109,567 i
....

•

•

•

•

•

•

•

•

•

®

V

....

106

#

•

•

,

%

•

•

42,582

1
....

j.

1,510 339,219

858 339,556, 1

•

•

1

.

..

55,856
«

•

»

•

70

19,869

47

19,170

518

44,272

*

^

•

129
.

is

914|
....

«

21,258

...

2,192
\

•

...

....

•

•

•

••

,

.

»

....

.

,

.

,

9,730
•••-

106

71,516

794

14S,897

141

62,476

575

120,955

Shipping News.—The exports of cotton from the
States the past week, as per latest mail returns, have

United

reached
concerned, these

9,482 bales.
So far as the Southern ports are
decrease, or poorer condition, of 7 per are the same exports reported by telegraph, and published
cent in Louisiana and 2 per cent in North Carolina, but all the
The Chronicle, last Friday.
With regard to New York, w
other States show an improved condition, and almost all of them Include the manifests of all vessels cleared up to Wednesday
night of this week.
Total bs!ea_
very decidedly so. If now vre were to add to the above the changes
New York—-To Liverpool, per steamers City of Brussels, 24
in acreage according to‘ our report, it would show that the project
I'cvada, 1,226
•
,250
To Hull, per steamer Prior, 75
75
on the first of June was for an increased crop of over 750,000 bales
To Havre, per si earner Viile de Paris, 224
224
in excess of last year.
1,987
Some may take exception to this mode New Orleans—To Liverpool, per steamer St. Louis, 1,967
To Malaga, per bark Rosario, 1,303.
I,<i00
of interpreting the Bureau’s figures of condition; but as we have Baltimore—To
Liverpool, per steamere Carolina, 315
West Indian,
119 ...Lucerne, 339
773
frequently shown that this plan for reading them has for past Boston—To
Liverpool, per steamers Massachusetts, 39....Batavia, 92
Bulgarian, 176
307
years given a more accurate result than any other use of them,
we feel authorized in
repeating it. It should be remembered,
'5,916
Total
however, that since July 1 the Southwest has deteriorated some
The particulars of these shipments, arranged in our usual form
What in condition.
'
are as follows:
This statement




gives

us a

...

74

THE
Liverpool.

Hull.

Havre.

73

224

CHRONICLE

Malaga.

T**tal.
1,549

| Vol. XXVII.

futures, but there ha9 continued a wide difference between vainer
supplies and deliveries in August and September..
Baltimore
773
773
Boston
307
Crop accoants from the West have continued to be unfavorabJe317
Yesterday, choice grades of winter wheat sold as high as $1 20
Total
75
^,317
224
1,30C
5,916
for amber, and $1 2S@$1 30 for white.
The bujinees in futures
Below we give all news received to date of disasters to vessels
embraced No. 2 spring at $1 10£ for
-carrying cotton from United States norta, etc.:
July, $1
03$ for
Cordova, steamer (Br.), Long, which lefc New Orleans June 9th for Liverpool, August, and $1 024 for September. The
receipts
new
of
winter
is making the passage partly under canvas on account of
disabled ma¬
wheat embrace many soft
chinery.
samples, which sold yesterday at 65(§7
Marie Fredericks, ship (Nor), from New Orleans for
Liverpool, which rut 90c. To-day, there was a good business in No. 2
into Key West in distress, was
spring at $1 0£
discharging cargo at the latter port July
6th. Two cases of yellow fever were reported on board.
@$1 06, in store and afloat; but the close was dull.
St. Cloud, ship (Br.), Duikee, from New Orleans via
Queenstown, had been
Indian corn has been tending
on fire, and was scuttled at
upward, but latterly the prices?
Liverpool July 10th.
Ijt Michel, brig (Br.). from Femandina for Liverpool, before
reported aban¬ asked have checked business, though shippers were favored
doned, was passed June 23d, lat. 35:35, Ion. 63:10, by bark Canton, at New
by
a decline in ocean
Bedford.
freights. Transactions have been mainly at AT
Cotton freights the past week have been as follows:
@47£c. forsteamer nrxed, and 48c. for No. 2 spot, July and
AugNew York
New Orleans

....

1,2fO

1,6*3

1,987

of current

3,287

....

....

Liverpool.

,

8 team.
d.

....

....

,—Havre.—. ,—Bremen.—,
Steam. Sail. Steam.
Sail.

Sail,
d.

C*

Saturday. —15-64 comp.
Monday.. —®,tf 15-64 comp.
Tuesday.
15-64 comp.
Wed’day. —®ltf 15-64 comp.

X
X
X
X
X
X

c,

c.

c.

cp. — (&yt 11-16 comp.
cp. —<&X 11-16 comp.
cp. — (foX 11-16 com*p.
cp. —(&X lt-16 comp.
cp. — ®% 11-16 comp.
cp. — <QX 11-16 comp.

t, with^ome business in No. 2 for September, at
48f@49£c.;
choice mixed, including old, sold on the
spot at 48£@48£3. The
wea her has
latterly been more favorable for the growing cropt.
To-day, the market was dull and prices declined |c., No. 2 dos¬

Hamburg-,

Steam.
c.

X
X

c.

X comp.
X
X
X
X

X

X

u

Sail,
—

comp.

—

comp.

—

comp.
comp.
X comp.

—

ing at 47ic., spot and August, and 48|c. for September.
Rye has been active and firmer. There were large sales, includ¬
Liverpool, July 19—5 P. M.-—By Cable from Liver¬ ing choice Canada, in bond, 67c.; State at 65(7l66c. on
the spot,
pool.—Estimated sales of the day were 12,000 bales, of which
64c. for August, and 63c. for September; and No. 2 Western
sold
2,000 bales were for export and speculation. Of to-day’s sales
at 60@61c. on the
spot, 60c. for early dn August, and 59@59|c.
9,300 bales were American. The weekly movement is
given as for
follows:
the last half of August. Canada
peas are dearer at '77@S0c.^
Thursday

—

.

Friday.... —®X

'15-64 comp.
15-64 comp.

Vs

—

—

in bond.

June 28.

*

Sales of the week
bales.
Forwarded
Sales American
Of which exporters took
Of which speculators took..

36,000
4,000
29,000
2,000

....

Total stock

3,000

818,000

*

Of which American
Total import of the week
Of which American
Actual export...:...
Amount afloat
Of which American

649,000
21,000
14,000
6,000
212,000
84.000

The following table will show the
daily
week:

Spot.
Mid.
Mid.

Saturd’v.

Upl’dsL.
OiTns.!...'®6°iG

Futures.
These sales

are

on

otherwise stated.

July 5.

July 12.

51,000
3,000

70,000
4,000

42,000

53,000

2,000
7,000
800,000
627,000
30,000
16,000
3,000
203,000
78,000

2,000
10,000
782,000

-

615,000
48,000
3S,000
4,000

168,000

86,000
4,000
59,000
4,000
15,000
709,000
566,000
3,000
2,000
4,000

185,000

44,000

closing prices of

45,000

cotton for the

Monday. Tuesday. Wedn’sdy Tliursd’y Friday.
...S>03s
...

...

©G9! r,

...

/a> 6

3s

...®G7i c

©69iG

...

©G^s

the basis of Uplands, Low

..

.

.©GLj
..©G-^

Delivery.

d.
0%

July-Aug

6%

G516

.

MON'DAY.

Delivery.

July
.July-Aug
August

|
6i332 I Sept

I

Aug.-Sept

Gi332

6L>

6^16^51532 Oct.-Nov
Nov.-Dee
G^ie
Gi332^716 Aug.-Sept
Oct.-Nov
G716
Wednesday.

July'
July-Aug
Aug.-Sept

Gt532
Gi532
61532
Sept.-Oct. -Gx2'&?1”32® ^
Oct.-Nov

Delivery.

Delivery.

Sept.-Oct

Delivery.

6 3s

July-Aug
Aug.-Sept

6*2

Sept.-Oct

Gi732

G1^

G^3^1532

Dclicei'y.

Nov.-Dee...

63a

6i332 Dec.-Jan
1.63$
6II32
Shipment.
6i»32 Nov.-Dec., n. crop,
sail
6710
Gii32

Delivery.

Nov.-Dee

Extra State, &c
Western Spring Wheat
extras ..."
do XX and XXX

July
Aug.-Sept

sail

Oct.-Nov.,
sail

GH3o

Sept.-Oct...

1132

Oct.-Nov

6i732

Aug.-Sept

g®

6 is.

01&32

Aug.-Sept... Gii>32® *2®

Flour, bbls.
C.meal, “

1878.
For the
Since
week.
Jan. 1.,

Nov.-Dee.,u.
sail

crop,

Gh32

io32

Delivery.

Oct.-Nov

Sept. Oct

Gl«32^7l6

Sept.-Oct

Ghj

T6i532

Shipment.

Gi532

Nov.-Dee., n. ep,sT 6H32

BREADSTUFFS.
Friday, P. M

The flour market has been
bad an upward tendency,

,

July 19, 1878.

fairly active tli3 past week, and prices
without, however, any very marked or

general ^improvement. The grades most in favor were
good
supers and low extras, fresh ground stock from winter
wheat,
and choice patents. Old flours were closed
out at best
prices.
Production continues moderate at all
points, and stocks are
believed to be small, or of grades that will be much
wanted long
after new flour is in full
supply. Besides, the advance in
wheat

encouraged holders, and English shippers were pretty free
buyers
when their limits could be reached.
Rye flour ruled stronger,
and corn meal advanced.
To-day, the market was quiet and

unchanged.

The wheat market bas been




stronger for both spots and early

1877.

mb

1878.

For the
w ek.
41,209

,

Since
Jan. 1.

1,339,451

4,168
111,181
640,865 23,617,982
563,937 14,835,704
38,907 2,259.492
2,473 1,508,698

192,379

1,393,591

,

*

1877.
*.
For the
Since
week.
Jan.
22,025
612,988
3,449
128,49&

117,483 4,534,485
554,700 11,611,81ft
19,910
737,415
543,080=
1,523
90,05$
„

Including malt
JULY

PORTS FOR THE WEEK
ENDING*
DECEMBER 31 TO JULY
13,
AND FROM AUGUST 1 TO JULY 13.

13, 1878,

FROM

(196 lb-.)

Chicago

Milwaukee
To’e-io

Wheat,
bush.

Detroit

.

Peoria
Duluth
Total
Previous week

Corn,

Oats,

bu^h.

bush.

(60 lbs.)

(56 lbs.)

21,927

117,208

35,126

1,247,469
10.2C0

4.533

261,495
66,665
71,520

2,144

20,250

17,310

3,000

328,821
2,025
24,865

81,845

891.849

220

St. Louis

Delivery.

1 15® 1 28
48
42®
47
....®
48®
50
555a®
61
59®
63®
6ft
34
30®
37
32®
97:
77®
65*
58®
7ft
69®
4*
40®
92
77®

RECEIPTS AT LAKE AND RIVER

Cleveland

Sepr. Oct

95-

EXPORTS FROM NEW YORK.

,

,

59,9 0 2,111,693 1,403,211
5,962
110,243
134,105
Wheat,bus. 672,260 24,69 >,933 2,658,832
Corn.
“
841,350 18,710,007 13,325,603
Rye,
“
52,615 1,904,976
342,138
Barley, “
*58,384 *2.510,819 *1,9>8,673
“
Oats,
2J1.40 1 6,147,236 4,962,029

AT—

Sept., sail omit’d, Gi4

Same
time

>

bbls.

6 *2
GL2

25 Barley—Canada West....
75
State, 2-rowed...,
30
State, 4-rowed
50
Western feeding
90 Peas—Canada bond&free

95®

1 0 5® I Ol
1 09® 1 11
1 05® 1 18

breadstuff's at this market has been

Flour,

Nov.-Dee. ..61^2®^

July

Oats—Mixed

25® 5 85

r—RECEIPTS AT NEW YORK.—,

G^e

Friday.

Delivery.
July
July-Aug

Rye—Western

5

White

follows:
,

.

Southern yellow
Southern white

5 50® 7'50
4 10® 5 25

4 85® 6
4 40® 4
2 80® 3
2 10® 2
2 8 >® 2

meal—Western,&a.

n. crop,

Shipments.

..

State

Corn meal—Br’wine, &c.

*

Shipments._
Nov.-Dee., n.croih

Delivery.

GLj

4 00® 4 30
4 40® 6 00
4 25® 6 00

Southern bakers’ and fa¬

Thursday.

Delivery.

4 05® 4 25

brands

Corn

..Gi332©~i6

No. 2 spring
No. 1 spring.
‘
Red Winter
White
Corn—West’n mixed
do steamer grade.

3 40® 3 90

ern.

mily brands
shipp’gr extras.
Rye flour, superfine

d.

Grain.
Wheat—No.3 spring.bush 5

$ bbl. $2 4C® 3 10

Superfine State & West¬

Southern

6i«32 | Nov.-Dee
6n3,
6~ig
Shipment.
Vl:i32 | Oct.-Nov., n.c., s’LG-ho

(>1332 Sept.-Oct
Ghe I Oct.-Nov

Delivery.

Flour.
No. 2

The movement in

Delivery.

Tuesday.

Aug.-Sept
Sept.-Oct.
July
July-Aug

closed at 33c. for mixed and 34c. for white.
The following are closing quotations :

City shipping extras.....
City trade and fami y

Middling clause, unless

| Sept.-Oct.

were

do winter X and XX...
do Minnesota patents..

.'ai619
..'S>658

I
d.
Delivery.
I
Delivery.
I Aug.-Sept
6i332®7i6 I Aug.-Sept

j Mar.-Apr

excited and

buoyant early in the week; there frassomething of a “ corner ” in contracts for the first half of the
month; but since the 15th prices have declined, with large salesof No. 2 white on the spot at
34@34£c.,and No. 2 Chicago for July
at 32|@32fc.
To-day, the market was dull, and No. 2 graded:

..

.

Saturday.

July

Oats

July 19.

142,160
4,*83
12,8 5
139 690

125,125

Barley,
bush.

(32 lbs.) (48 lbs.)
313,347
3,469
4^,500
4,974
4,731
3,737
13,260
40,i 64
75,60J

7S0

Rye^

bnsb.
(56 lbs.)

14,754
6,175
357
35 ft

51

8,50J

1,770
6,200

1,652,432
497,241
17,774
29,606
798,002 1,621,919
M8.651
37,365
30,638
Corresp’ng week,’77.
58,417
572,576 1,614-,292
314,235
33,323
15,661
Corresp’ng week,’76. 89,604
902,821 1,167,203
5C8.035
17,882
27J)0$
Tot.Dec.31 to July 13.3,000,066 60,655,628 48,208,725 13,283,455
2,873,722
1,954,70&
Sami lime 1877
2,108,780 8,878,913 37,551,902 10,028,671 2,694,712
822,22*
Same timi 1876
2,731.519 24,537,411 33,164,101 13,093,744 2,959,606 9 44,7 18
Same time 1875
2,443,039 25,888,762 24,323,141 10,223,657 1,513,345 1,467,506Tot. Aug. 1 to July 13.5,772,460 74,140,669 83,29S,341 25,695,012
9,352,582 3,931,526
Same time 1877
4,767,472 33,271.898 76,500,323 21,'<74,453 8,457,562 2,780,17$
Same time 1876
5.189,420 64,430,117 59,663,07-3 27,746,376 7,637,204 2,161,568
Same time 1875
5,112,297 61,373,201 43,553,849 22,163,414 5,469,538 1,184,12ft
SHIPMENTS OF

♦

82,406

FLOUR

AND

GRAIN FROM WESTERN LAKE AND
DEC. 31 TO JULY 13.

RIVER PORTS FROM

Tot.Dec.31to July 13.3,052,068 22,699,413 41,769,746

Same time 1877
Same time 1876
Same time 1875

8.597,363 1,577,141 1,613,93ft
9,242,6£8 31,802,922 7,512,660 1,999,451
791,
2,956,099 23,189,760 35,631,344 11,063,6.5 1,214,015 868,442
2,595,240 22,739,180 18,134,369 7,230,783 873,276 279,28$

2,147,100

RAIL SHIPMENTS OF FLOUR AND

GRAIN

FROM WESTERN LAKE

AND RIVER PORTS.

Week

ending—
July 13, 1878
July 14, 1577...July 15, 1876
July 17, 1875

Flour,
bbls.

64,(01
€4.538
60.401

48,057

Wheat,

Corn,

Oats,

bush.

bush

bush.

220,204
150,6u5
228,116
488,779

314,142
270; 7 02

313 995

631,415

460,167

232,682
355,444
216,901

Barley,
bush.

5,702
3,(74
1,655

5,322

Rye*

bash.

8,888
12,04*
12,1 Jft
2.61S

tt

THE CHRONICLE

1878. j

July 20,

t

75

grain bags, and Amoskeag A. C. A. ticks were reduced ^c.
demand for shipment to
Peas,
Oats,
Rye,
Corn,
the interior by canal, and there was a moderate inquiry for rela¬
Floor, Wheat,
bush.
bush.
bush
bush.
bush.
bbls.
From—
13,045 tively small parcels of denims, ducks, ticks and corset jeans.
33,915
180,789
759,080
715,833
47.947
New York
27 *,174
70.279
Boston
5,613
Agents have established prices-for cotton flannels on a very low
21,758
Portland...
"60 basis, and a liberal distribution of these goods was effected by
16
*8=
45,078
Montreal.....
5,863
840
437,744
90.727
691
Philadelphia
them. Print cloths ruled quiet but firm, at 3 9-16c., cash, to 3^3., 30
100
£6 *,586
44,635
8,620
Baltimore...
days, for 64x64s, and 3£c. to 3£c., cash, for 56x603. Prints were
38.923
13,105
181,755
938,310 1.875.584
To'al for week..
68,744
taken more freely by interior jobbers, whoso purchases of medium
77,928
67,950
9 40,036 1,513,679
125,319
Previous week
67,162
61,431
95,2
»4
155,662
and dark fancies reached a very fair aggregate, but ginghams and
1,960,565
Two weeks a«o
79,729 1,254.557
15,430
109,170
56,870
56,390 1,076,273 1,960,685
Three weeks ago....
cotton dress goods remained quiet.
From New York 2,' 73 bush. barley; from New Orleans, 1,725 bbls. flour
and 37,926 bush, corn
Domestic Woolen Goods.—There was a liberal movement
in wool flannels from agents’ hands, at about auction prices, and
RECEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THE
WEEK ENDED JULY 13, 1878, AND FROM DEC. 31 TO JULY 13.
Kentucky jeans were in improved demand. Fancy cassimeres,
Rye,
Barley,
Oats
Corn,
Flour,
Wheat,
bush.
bu«h.
bush.
bush.
suitings,
cheviots, and worsted coatings, were taken with rather
At—
bbls.
bu-h.
550
21,14)
232,2 0
New York
63,183
5’.2,5b8 735,CO)
more freedom by jobbers and the clothing trade, and values of
too
4,200
293,-29 3
81,800
Boston
25,167
53,936
the best makes were unchanged.
Rough-faced overcoatings
5,000
Portlands
i',8iT)
21.783
600
932
58,014
Montreal*
13,085
115,82
were in moderate request, but cotton-warp and all-wool beavers
10.300
21/4)1)
117,000
Philadelphiat
10,270
33,900
300
213,400
30,000
Baltimore
2/7,400
9,714
dragged, and there was but little animation in black cloths and
2,176
18,972
New Orleans
7,383
10,30d
doeskins, cloakings, feltings or repellents. Linseys and dress
32,543
5,350
363,118
plaids received a fair share of attention from out-of-town buyers,
Total
131,602 1,025,750 1,475,634
72,470
604.430
7,8 6
Previous week
120,103 1,033,521 1,395,415
and a few orders were placed for staple makes of autumn dress
12,456
3Q,443
312,484
-Corrcsp’ng• week,’77. 8'-,934
295,754 1.570,025
Fancy hosiery, shirts and
2,422,6)2 10,493,372 2,39G,39i 2,466.388 goods, but shawls were neglected.
Tot.Dec.31 to JulylS^^SG/Si) 33,722,693
623 828
'Same time 1877
3,386,552 5,325,370 4 3,503,73) 8,969,772 1,869,700
and
fancy
woolens,
were
drawers,
knit
fairly active, and liberal
781,625
Same time 187o .....4,844,14? 23,962,826 7,1 2,545 12,018,869 1,971,584
139,760
307/25
9.045,242
sales
were
made
to
17,460,791
buyers from remote sections of the country.
rSaime time 1875..
4,8il,107 20,651,375
Foreign Goods.—There has been no movement of importance
♦ Also
10,118 bushels neas.
EXPORTS FROM UNITED STATES SEABOARD
MONTREAL FOR WEEK ENDED JULY

Stark

PORTS AND FROM

13, 1878.

Brown and bleached cottons were in fair

°

..

..

..

•

*

V

,

....

....

....

....

....

....

....

.

.

.

.

....

....

....

....

,

....

t Also 1,-25U

bushels malt.

The Visible Supply

granary at the
seaboard ports,

1878,

.

Wheat,
bush.

1,301,437

..

5',099

Buffalo

265 476

-Chicago

Milwaukee
Duluth

.

restiicted to filling

....

Boston
Toronto
Montreal (6th)

.

...

319,686

7,934

2*820

60, *52

865

114,121

400

19,200

163,592

176,641
543,454

45,586
25,574

2*0,294
598,170
£80,000

6,251,490
6,345,973
6 975,914
7,507,564

2,169,842

•July 14, 1877....

254 860

41,1.3

198,16 4

4,943,132
5,352,467

May 25, 1873

34,938

143,278
41,300
18,459
17,412

381,474

4,612,433

6, 1878

June 29, 1378
June 22, 187S
June 15, 1878
Jane 8, 1878
June 1,1873

173,724
3»,U00
19/61

5,838

4,425,357

Total....

663,704
12,500
1,378

25,166

28 2,994

week...

659,544

72,000

29,220
46,539

.'Util shipments, week

bush.

2,000

312

Peoria
Indi napolis
Kansas City..
Baltimore

Rye,

bush.

323

54,lp8

Philadelphia

Barley,

63.214
21, £9)

75,738
10/22

•St Loui8..

Oats,

bll:h.

176,770
2,072
35,003

80.000

■Os&ego*..

Corn,

13,640

388,129
17,363
66,110
80,918

Toledo.
Detroit

Lake shipment,!/,
•On canal (13th)

stocks in

bush.

23,000
145,766
630,4 21

800

Albany

*

Grain, comprising the

principal points of accumulation at lake and
and rail, July 13,

Ik Store at—
New York

July

of

and in transit by lake, canal
follows :

was as

*

49,968
36,6 >4
114,855

43%940
344,112
1,479,273

1,000,000

6,447,178

33,569

.

725
....

900
.

....

990

20,534
1,290
1, 21

5,702
26,5i 0
13,000

343,995
118,264
110/00

.

.

301
931

....

....

.

6,795

....

...

.

49,000
1,348

.

.

.

.

8,888

21,7.i0
21,000

1,530,133 1.026,564 316,724

7,374,431 1.617,704
8,983,3^6 1,778.321
8,151,399 1,886.833
8,707,025 2,003,693
10,357,648 2,203,207
10,398,333 2,187,356
8.902,244 2,891,349
£8,172,069 2,141,303

1,037,466 339,086
1,051,933 348,677
1,(44,832 4<i4,10o
1/41,766 416,'442
1,103.514 521,217
1,208,953 5*6,0 3
1,580,042 507,728
l 392,703 256,070

Estimated.

THE DRY GOODS TRADE.
-

.

Friday, P. M.; July 19, 1878.

The'past week has developed a somewhat more active move,
■meat in a few of the most staple cotton and woolen fabrics
.adapted to the autumn trade, but the general market remained
-quiet. Texas and Pacific Coast jobbers were well represented in
the market, and their purchases were on a fairly liberal scale,
while there were also a good many buyers from remote parts of
the West and South, who have commenced operations in autumn

goods with rather more epirit than has been witnessed in late
years. The movement in woolen goods was a little more active^
and men’s-wear woolens, Kentucky jeans and flannels were seve¬
rally in fair request, but the demand for blankets was checked
by an announcement of a forthcoming trade sale of 6,000 cases of
blankets, carriage robes, lap robes and horse blankets, which will
be held on the 23d instant, by order of Messrs. Whittemore, Peet,
Post & Co., who represent the products of 68 sets of cards in the
following mills: Clinton Mills Company, Norwich Woolen Com¬
pany,

class of imported dry goods, and transactions were mainly
small orders for light summer dress fabrics,
&c. Importations of autumn goods are coming forward slowly,
and hut little improvement in this branch of the trade is expected
before the early part of August, though a fe^wof the more distant
buyers may commence operations before that time.
We annex prices of a few articles cf domestic dry goods:

in any

Waumbeck Company, Winthrop Mills Company, and the

^Norway Plains Company.
Domestic Cotton Goods.—There was a moderate demand for
domestics for export, but transactions were restricted to relatively
^znall lots. During the week ending July 16, 1,396 packages of

Ticking:*.

Amosk’g ACA.

do 4-4
A..
B..

do
do
do
do
do
do
do
do

..

..

C..
D..
E.




..

..

10

..

15*

premA.4-4

18

do do
B.4-4
do
ex...4-4
do
ex.. 7-8
do Gld mdl4-4
do
CCA 7-8
do
CT..4-4
do Penna. 36
do
7-8
do
AA 7-8
do
FF

17
16

do

15
15

do

12

2.
3.
4-.
5.
No. 6.
No. 7.
No. 8.

Amoskeag

H*

do
fancy
Bates Cheviot..
Belm’nt Chev’t

11!4

..

..

..

..

..

..

..

AAA
AA

BB

..

A

TT
D

..

..

.

A.... 32

A.... 30

..

heavy

1*2*
11*

A

do

...

•

•

.

.

•

•

11

Massabesic

Amoskeag

16*4

do
AM.
Boston
Beaver Cr,AA.
do
BB.
do
CC.

15
8

Columb’n h’y bro
do XXX brn

15
15

Denims.
Carlton

1

1

Lewiston
Otis AX A
do BB
do CC
Pearl River
Palmer

13*
12

10*4

..

9

sat....

Canoe River....

6*1 Kearsarge, sat...

Clarendon
Hallowed Imp.

6*
8

do
brown
Hamilton

brwh&blk
1 Laconia
do

Domestic
Alamance...

....

Amoskeag;

....

.

•

Bates

.

Glasgow fancy...

.

Gloucester, n s..
Mohawk

.

10

9* 1
9
9

9

10-11
10
9

Thorndike A..
Uncasv’e UCA.

10*
12*

York
*
Warren AX A.,
do
BB...
do
CC.
Gold Medal...

16

Haymaker....

9

Naumkeag sat..

9

33*
11*

10*

..

7*

9*

Newmarket

....

9

9*

Peppered, blea,.

|

9*

do

sat.

9*
7*

..

8* i Rockport
8

Manchester

1

10

8*-9*

Jeans.

Androscog’n sat.

1

11V4

..

!

Corset

•

•

•

lb

.

8* ! Ind. Orch.Imp..
do

•

13*
11*
101*

Amoskeag

|

•

16
20

Everett

9*
12*

Uncasville A...
do
UCA.
Whittenton AA
do
B...

i

33

Century

..

Otis BB
Park Mills Ch’t.
Thorndike A....
do
B....

•

•

•

8*
10*

Hamilcon
Lew’n AA.Chev.

11*

..

Columbian
Everett Cheviot
do

8
14

,

...

..

Stripes.
Century
27

1

..

..

..

do
do

10
17
9

Clarendon do
Creed moor do
Cherwell
do

No.
No.
No.
No.

..

16
17
17
S.2-25
15

Lewiston A... 36

....

9-10

American

dc

do
do

13*

E....7-8

awning.

Hamilton BT..

12*

.

do
do
do
do
do
do
do
do
do
do
do

11*
!0k

..

F..

Suflolk

Ginghams.

Miami
Lar caster

9

Baird
Belfast

Namaske

8*

Shirley

Plunkett
Randalmor*.

9
9

White

| Renfrew dr’ss style

11
9

Mfg Co

Carleton..“.
Johnson Mfg Co... 13*

....

Cotton Sail Duck.

and

Woodberry

No. 10
Cotton sail twine..

Druid

Mills.
No. 0

31

No, 1

29

No. 2
No. 3

28
27
25
24

No, 4..
No 5
No. 6
No. 7
No. 8
No.9

goods were shipped from this port to foreign markets,
including 701 packages to Great Britain, 320 to U. 8. of Colombia,
114 to Hamburg, 72 to Brazil, 59 to Hayti, 44 to the West Indies,
•
&c. Prices ruled steady on nearly all the most staple makes of j Emperor
8
-cotton goods, but there was an advance of lc. on Amoskeag and Pendleton

^cotton

..

awning
Conestoga

Cordis AAA. 32
do
ACE. 32
do
No. 1. 32

16
20
15
14
13

..

Width. Price.
20
Lancaster
4-4
do
7-8
16*
Methuen AA..
14*
18
do
ASA.
20
Minnehahi... 7-8
do
....4-4
14
22*
28
12V4 Omega medal. 33
do
do
25
32
10
17
do
ACA.. 3o
10
do
15
ACA.. 32
9*
15
do
A
36
9*
Pearl Rive.*
16
14
Palmer
13
7*
14
12
Pemberton A A
do
B....
10
12*
do
E
11
1**
13*4 Swift River
8*
9
19* Thorndike A..
do
E
9
18
Willow Br’k No 1
15
is*
18
13*4 York AAA.... 32
16
do

Width. Price.

Width. Price.

Woodberry and Ontario
U.S.A. Standard 23* in.

19
•

•

•

•

Light Duck—
Greenwood’s (7oz.)
Ravens

•

•

•

•

•

•

.

Greenwood’s (8oz.)

22

Ravens
'..
Bear (8oz.) 29 in..
do heavy (9 oz.)...
Extra heavy bear..

21

Mont. Ravens 29in.

23

do

20

,

40in.

•

13
15
17
14 %
22

.

8 oz
9 oz.
10 oz
12 oz
15 oz

.

Ontario Twls, 36in.

15
17
19
23
23

IT

do30in.(8oz.exal) 15

Ex twlfl'TolhemV’ 14

Cotton Yarns*

0

20
20

| Sargeant

|

6
Fontenoy 6 to 12..

20

12

| IXL 6 to 12

|XXX do

20
20

76

THE

CHRONICLE.

Importations of Dry Goods.

The

importations of dry goods at this port for the week endingJuly 18, 1878, and for the corresponding weeks of 1877 and 1876,

have been

follows

as

:

ENTERED FOB CONSUMPTION FOa
THE WEEK ENDING

1876-—

Manufactures of wool....
do
do

cotton.,
silk
flax.

....

*do
Miscellaneous drygoods.
...

Total

Pkgs.
56*2

790
c:s
485

Value.

Pkgs.

$2)3,955
218,053
418,513

fcSl

$330,934

1,127

334,942

103.014

234

73,538

ISIS.

1878
Pksrs. Valnr.
023
$271,528
916
256,271
f 33
328.509
825
160,390
159
55,223

Value.

028
655
220

2,749 $1,064,706

...

JULY 18,

1877

377,202
141,744
76,970

3,314 $1,263,952

[VOL. XXVII.

Exports of Leading Articles from New
York,
The following table,
compiled from Custom House return?,
shows the exports of
leading articles from the portof New York
to all the
principal foreign countries since Jan. 1, 1878, the
totals for the last
week, and also the totals since Jan. 1,1878
and 1877.
The last two lines show total
values, including the
value of all other articles besides
those mentioned in the table.
Cl

•

^ W^
1« t* to

.'I
■c

i-7

i-i rr

11

^OlTPioffiC.iO'NOlOOiOStNCOiiOD
Oil
Ur-ill
CO
IT1 QO

ini— N co o -p tp c»
05 »i 53 (D
U
51 T) m m
—

Oil

Cl

—'

**

' xt*

co

rC tcTA o'

o' oo

of o

Tt<

>

<

■

oo

-

co

CO

3,056 $1,071,921

WITHDRAWN PROM WAREHOUSE AND THROWN INTO
THE MARKET DURING TLE

Manufactures of wool

SAME PERIOD.

240
217

$105,783
73,936

20?
183

62

46.533

65

233
So

58,773
6,622

352
619

<291,707

1,446

1,054,703

3.311

$319,339
1,263 952

Total thrown npon market 3,637
$1,356,413

4,760

$1,583,291

do
^

...

do

cotton..
silk.

do

flax....

..

Miscellaneous dry goods.

$85,692

177

82,176
€0.144

193
64
191
180

71.722

19,605

$77,704
63,682
42.503

43,347

9,976

^

S •■*=

os
to
n O

w

Total
683
Add ent’d for consurapt’n 2,749

805

$237,772
1,071,921

3,066

02

•

—

3,S91 $1,309,693

7^ ‘”73 -foot-

ENTERED POB WAREHOUSING DURING
SAME PERIOD.

Manufactures
do

of wool....
cotton.
silk
flax
.

do
do

-

Miscellaneous dry goods.

459
;65
113
383

$188 449
73,546
8S743

419

322
117
707
no

86 2 9

6!

$198,663
93,053

31,394

•©

CW «

«-T

*cf

—

Tf*'

105,436

272
55
234

28.234

7,039

$471,421

1,064.776

Total entered at the port. 4,030 $1,536,127

*CO

[The quantity is given in packages

Sooo

Bfi

Ot-WrtifloOM

'C „r

05 CO eo
cost—

I
■

ICO
05
*05

<xT

50,061

1.0

■

© o — © .o t- *3
n
O CO O O «0

•
.

®

41.916

*

'

tX

SlOO'OOOr'CCt-WW'^aOOQO
C0CWWl«Hrli?(«73-HW(0-i

.cnoton'co<ii05<n'c<ot-ootf5S)

"*

05

CO CO iO
CO

rH

1,675
£,314

4,939

$504,030

7,836

1,263,952

3,08a

$1,767,932

$296,121

•—1

O

•

•
•

QO an

n®9!. :

10,922 $1,368,012

•

ffO

•

—

f OCD

•

•

aO

-^3

Cl

•

1•

•

•CO co lO

•

*■

•

O)
CO

•

1>

—4

«- 0

QO

.

—

in

•

05

(-

Cl

»i—

CO t—

—

010*

XX cS’-OO
®

.©©c*

S2o

■

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l-i

C5

OOOrt

•

.

<~t’~ ©
o'

■

1—5

—

Cl

»—

t—

.

CN

■MO
11-3 0

a u

Flax
Furs

2,989

30.463

36,324

24,845
1,927

29,792

•

'lOC*

«

I

1

—

Cl — iO
CO

Tf

CO

w

.

d

•

Tf

•

r

•

rM

•

Rice

2,47.9

3,448

25,196

32,775

Jewelry.
Watches

292

207,808
51,911

188,813

100,038

1,548 Woods—
219

Cork
Fustic

66,830

.

Logwood

Mahogany
Receipts
The
for the

Domestic

of

Flour
Wheat
Corn
Oats

^ AO wf* t-

bbls. 2,111.098
bush. 24,692,933
“
18,710,007
“
6,147,236

“

1,904,976

time

bbls.
Peas
bush.
Cora meal. .bbls.
Cotton
bales.

Hemp
Hides
Hides

“

No.
bales.
Hops
bales.
Leather
sides.
Molasses
hhds.
Molasses
bbls.
Naval Stores—
Crude turp..bbls.
Spirits turp “.
Rosin
“
Tar
M




41,179

416,801
100,243
478,078
2.131

105,425
75,11i
48,624

4,420

j
Pitch
Oil cake

2,658.832

.bbls.

Peanuts

13,320,606! Provisions—
4.962.021
342,3381

44,89l‘

363

67,264
1,743

44

44

.

44

Eggs

44
44
44

.kegs.
pkgs.
44

80,304 Stearine

34,018

.bags.

Butter.... pkgs.

Cheese....
Cutmeats

Pork
180,612, Beef
Lard
134,705
Lard
355,130;
3,534 Rice
1 l?fS*’8i Starch

110,091

12,201

.pkgs.

1,403,21! Oil, lard...

1«

1,756

■1*00

x>
co cc cl

4k

! Sugar

.bbls.
hhds.

Tallow

Ji

I- o

— co

ej

TO

.

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•

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CM

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90,341
53.478

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192,916
11,139

93,577
72,029
108,383
49.283

in*

05 m

.oc.r—
<— at.
Ip
n
rf5
00^r-t .m If co
ci
co71 o-n
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S
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325,296
109,752
23,721

.482,609
23,693
16,801
225,554
12,988

—f
d

*o
—

d

cc 00

00

r—

22-

r-

493,493

321.39*
165,857

m

K 6

617,406
887,872

1,253 659
738,1S1

r-T

Cl

CO

•

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'

Oea

■

: ^

CO

.

-=

m

os"

on

ci
co

.

251,635

r—

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l— «n

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f*t*ii

co

•

2,195

ed"

a; m

05

:

1,098

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r?< o

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13,479

—*

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cev O-N — .05
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<a

33.284

•

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■

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45,344

CM lO

«

•

•

■

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cn

267.021

pkgs.

Tobacco....
Tobacco.... hhds.

38,294 Wool /
bales.
182.032 Dressed hogs ..No.
14.645

>
•

■

34,5b2
193.995

Since
Same
Jan. 1,’78 time 1877

2,260,201- 2,269,950 : Sugar

38,355
196,543

•

**n

o*

O. 05

o

l‘

1877-

Barley & malt-“
2,510,849 1,928,673
Grass seed...bags
121,885
75,263
Beans

i—

1

Same

1- »—
ec co

ci 11

Produce.

i

Ashes
pkgs.
Breadstuffs—

Rye

49,213
86,341

receipts of domestic produce since January 1, 1878, and
same period of
1877, have been as follows:
Since
Jan. 1,’?8

co co

’

-

Ginger
Pepper
Saltpetre

222.731

.2*in o> dj o
co *o co

aO
c— co

qo ^ 0^ t*h ^
it

170,062

521,758
1,262,204 1,124.959
458,2)9
516,9t6
353,654
579,856
6,254,190 6,864.690
140.682
154,943

Cassia...

459

1,279

Linseed..'.

Spices; &c.—

f— «n
in
o

—

fii

34.139
420,884

73 S,025

Nuts.
1,5im:
Raisins
87,874 Hides, undressed..

755

Molassep

»
1

,

Oranges

847

6*6,233

396.48S
■

Lemons

3.904;

$

25.985

Fish

588

811

Ivory
Jewelry, &c.—

%

Fruits, &c.—

88
05 05

o

•

....

in

CO

20,431

814,88.

'Fancygoods..

—
—

o to — m
t- id 05 Ot
rtn«

•

-

.-piflc-vo

®Or-

*

45,696
73,3:7

80,30 i
18,658

ICorks

3,163.

112,686

43,511

value—

3,342

637
*"

Cigars

2,653

38:1,990
1,777,921
491,598
32,879

— 0*

• co

H

26,747

2J1

Wines
Wool, bales
Articles reported by

3,70-|

!3,'6»

Hides, dressed..

..

Champagne,bkt^.

27,in
2,4 !0{

2,359

India rubber

473
67 509
48/, 405

1,198! Wines, &c—

4‘35

Bristles

30i

349,967
1,154,5-3
525,927
31,235

5,559 Tobacco
16,849 Waste

24 9S9
638
12 9'9

Hair

1,9:4

*0

p

o»— c*

od

c>
CO

562.467
534,556
6,034,752 5.707,411
73,33 i
10i,695

12,97*- Sugar, hhde, tcs. &

23,466

Gunny cloth

Hemp, bales
Hides, &c—

Tin, boxes

Tin’slabs,lb9...

1,101,004
bbls
2,174 ;Sugar, bxs & bags.

1,635
4,277
2,049

Madder&Ext.of

Sodaash

Steel

20,550! Paper Stock

5.976

Gum, Arabic....
Indigo

2,16;

CT. —

C» © O*

C OO
cc m

HO*-"3

specifled.]

4,2 SO
717,765
23,609

Tea

Blea. powders..
Cochineal
Cream Tartar..
Gambier

‘Oil, Olive
Opium
Soda, bi-carb...
Soda, sal

Lead,pigs
Spelter, lbs

3,437|

19,374
11,267
1,143

•

•

co' TT of ’

.

2,t)68

Hardware

11,504
4,48:j

12 959

652,0.2

■

in

5'3zT*52f

Cutlery

6.717
19,951
160,404

3,120
4,735
50,134

o

C5

no

Metals, &c.—

“

.

Nf)

C CO

tr co o»

10.595

©

Since
Same
Jan.l ,’78 time 1877

-

d 05
»0 1*

co —

Cl

^8

;

Glassware......
Glass plate
Buttons
Coal, tons
Cocoa bags
Coflee, bags
Cotton, bales
Drugs, &c—
Bark, Peruvian.

05
CD

—r~ co

X 1-1

5

122,186

-

co^O

if O *1
.1-00 0

i—

Since
Same
Jan. 1,’7S time 1877

Glass

l

■

: i~ ®.

*

sS eo—1

•

vvtien not otherwise

00 0

.

1,071,921

'

6,353
20,031

-1

ec co

i-f* —

%

.

QO

O *n

eo«

od

65,960
38,236

Leading Articles.
The following table, compiled from Custom
House returns,
Bhows the foreign imports of leading articles at
this port since
January 1, 1378 and for the same period iu 1S77:

China...
Earthenware..

c* ?*

05

$98,918

Imports of

Earthenware—

CO 05
1

•

•

co tf*

Total'.
1,281
Add ent’ilfor consumpt’n 2,743

China, Glass and

iiOOONn'trNit'O'-QOI-

•OXCtiO»nNnO;C<(?»
O
05_05 -V tfrl 1-^<0_
Tj< SI 0_

• —

CO

233

78,644

Ct

—

•-»

rrj
03

CQ

».
-

S

r

1

O

^ ^

^ 93

<S o

33
gj 2

®

a

M*™J3 QD

0)

|

fl)

g.

«h © Q +3 Q

^

ys? Ce5«TS^?>®«j3j3a50

O^OOflS^

OO

Ph

«

July 20,

THE

1878.]

HAYNorth River shiop’n^

PBiCES CURKENT
^

*

TP ft.

4X0

4X

BREADSTUFFS—See 3peclal report.

BUILDING MATERIALS—
Bricks—Common hard .afloat.

M

Croton

2 CO
7 U0

23 00

Philadelphia
TP bbl.

Cement— Rosendaie

TP bbl.

Lime—State, common
Stale, finishing

90

@ 27 00

HIDES—

@

....

7") @
90 &
40 00 @ 67 00
...

do tally boards, com.to g
Oak

16 90 @2100
25 @
£3
o,each.
it. 35 00

Ash, good
Black walnut
Spruce boards & planks, each
Hemlock boards, each

33 00

@ 40 00
@ 38 00

22

@145 00
@
27

15

@ '

75 00

Maple
V M. ft. 30 00
Nails—10@60d.com.fen.& sb.TP keg
Clinch, IX to 3 In. & longer?
4 25
...

3d fine

Cutspikes,allsizes
Faints—Ld., wh. Am.pure, in oil TP ft
Lead,wn,, Amer., pure dry
Zinc, wh.,Amer. dry. No. 1......
Zinc, wh.. Amer.,No.1,in oil
Paris white. E^r., gold....TP 100 ft.
BUTTER—(Wholesale Prices)—
Tubs,good to choice State
TPft.
West’n creamery g’d to Ch
“
“
Welsh, State, g’d to choice
Western dairy, fair to pr
“

17

@ 35 00
@ 2 40
@ 5 23
@ 4 35

@2 85
3 @
7XS
8
5 @
6

6 @
9
170 @ 175
14

17
12

18
13
16
11

0
@
@

8 0

CHEESK—
State

factory,prime to choice.... V ft

Western factory,g’d to choice..

7

“

7

8

&

7X

@

CO AL-

Liverpool gae cannel.
@ 8 50
Liverpool house cannel
12 003 13 00
Anthracite—The following will show
Ia6t auction or present schedule rates:
Penn.
D.L.&W.
D.&H. P.&R
L. & W.
Sched.
Auction.
Sched.
Sched.
June 26.
N. Y.
Port
Newburjr.*
Hoboken.
Harbor.
Johu^t’n.
*3 47X
St’mb.. |8 15
$3 b0
$3 tO
3 47X®3 50
3 60
3 60
Grate... 3 45
3 57>;@3 60
3 75
3 75
Egg .... 3 60
4 40
3 c7X@i 93
4 40
Stove... 4 05
3
'45
360
3 60
Ch’nut.. 3 50
*50 cents per ton additional for delivery at New
....

43

@195 00
@
...

“
**

5

’

"

Corrientes,
Rio Grande,

do..
do..
do..

Orinoco,

California,

do..,
do

Matarnoras.

WetSalled—Buen. Ay, selected
Para,
do....

“
*'

do....

California,

“

fin

TPYiifl

5X
6)4

@

4X0
20 @
20X0
19X0

21
21
20

19 0
19 0
19 @
16 X@
9 ®
8 Q
9 @

19X

13
10
8

@

6
9
5
5
1

@
0
@
@

2

UQ

Yearlings...

....

....

York,
COFFEE—

13

15X0
16

16X@
23 @

.

COPPEEBolts

15
15

*v*

oz;

13

.<2

@

34
34

@
@

TP ton. 16 50

@ 18 00
@ 17 00
@ 16 (X)

15 50

14 50

@
....@

50 100 ft cur 2
Alum, lump. Am
Aloes, Cape
<&■ ft. gold.
Aloes, barbado. s
“
Arsenic,powdered..
“
Bicarb.Boda,Newcastle.$ 100ft “
3
Blchro. potash...,
ft cur
Bleaching powder'.....TP K0 ft. “
1
Brimstone, 2n is & 3rde,per ton.gold.24
roll
Brimstone, Am.
Vft..cur.
Camphor refined..
“
Castor oil, E.I. in bond. # gal. .gold.

“
Cochineal,Honduras, silver...

“
**
"

Cochineal. Mexican
Cream tartar, powdered

Ginseng
Glycerine, American pure
Jalap...
Licorice paste,Calabria

—

20
2
75

@

@
@
®
11X
20 @ 1 30
50 @ 26 50
2X a
@
@

52

0 4 00
® 13 00
55

0

5.X®
3 97X0

1.Y
62 X

43”

Gr’dBk.ft George’s mew) cod.TP qtl. 2 75 @
Mackerel, No.l,Vf. shore
pr.bbl. 14 00 a
Mackerel, No. 1, Bay..- .
Q
Mackerel,No.2 Mass, shore
9 00 &
Mackerel, No. 2, Bay
12 50 &
FRUIT—
Raisins,Seedless
per 50lb.frail
1 67X0
do
Layers, new
1 92X@
do
Loose

do

Patc3

.

Figs, layer
Canton Ginger.wh.* hf.pots.7R
half box
Sardine?,
Sardine-'. TP quarter box
Macaroni. Italian
Domestic Dried—

Apples, Southern, sliced.*
do

do
do

do

case.

TP n>

$ ft'

quart.-rs

State, sliced,
do

quarters,
Peaches, pared, Ga., goad to choice
do
unpared, halves and qr«...
Blackberries c op 1878
RwinhPVTl

pa

Cherries, ary’mixe’d’(crop
Piums. State

Waortleberries




*1873)’.’.’.*. .*

13
4
10
6 50

0
0
0
a

13X0
1 ’X®
12X@
4
2
4

®
0
0

3X0

4
22
20
11
15

25
01)

0D
00
00

3 69
1 70
2 10

8X
5X

,

•

15
8
17

4X
13
8 00
1)

12X
14

6
3
6

4X

2:
14
11

0
0

9
4
7
24
15
13

10

0

12

4
3

0
0

6X0
0

....

1 90
1 90
2 00

TP lb.

Neatsloot, No. 1 to extra
Whale,bleached winter
Whale, crude Northern....

“
*•

“
“

“
“

..

Sperm,crude
Sperm, bleached winter

2 12X

28X3

....

1 42X@
175 @
152X9
2 50 A
3 75 @

...

*

“

8X®

10X

30 @

1 15
57
31

60 @
53 @

90
54
45

@

45

...

@31 09

....

@ 29 00

Pork, mesa,spot
Pork,extra prime
Pork,prime mess, West..
Bcei.p’ain mess
Beef, extra mess
Beef hams,Western
Bacon, West, long clear
Hams.smoked
Lard. City steam,
.>

RICE—
Carolina, fair to prime
Louisiana, fair to prime

Patna, duty paid
SALTTurk’s Island..
St. Martin

Ashton’s fine

@

...

•

ft.

@
....@
.

fair to prime

7

10 X
lix
9
18
9
10
••••

7
7 3-16
7 5-16
7 7-16

O

7X®
7X0

7X

5X0

6X

feX

6X0

7)6

7X@
6X@

Refined—Hard, crushed

Hard,powdered

9X0
9X0

...

granulated

9X@

cut loaf

8

7X
....

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

Coffee, A, standard

9X0
8X0
sxa

off A
do
White extra C
Extra C
“C”
Other Yellow
Molasses sugars

8

@

7X 9
7X4

..

9X
9

8x
8X
7X
7X
7

....0
■

V ft. 6 15-160

TIN—

gold. TR ft
*•

TEA—
Hyson,
do

*•
TPbxgd.
“

Common to fair
Superior to fine

...@

14 @
....@
5 39 @
5 75 a

cnr.TRft

20
28
45
75
21
83
50

Super.to fine
Ex.fineto finest
Choicest

0
0

Hyson Skin.* Twan..com. to fair.
do
do
Sap.to fine
do
do
Ex. fine to finest

17

19

0

Uncolored Japan .Corn, to iair
ao
Sup’rtottne

2C

28
83

0
@
0

24

@

SO
42
60
21

@
0
0
0
0

8up.toflne

Ex. fine to finest
Choicest

89
22
30

Sun.to fine
Extrafinetofinest

45

Ex. fine to finest

Choicest

Sonc.* Cong., Com. to fair
do
8up’rtofine

17X
14X
5 50
6 CO

0

0
0
0
0
0
0
0
0
0
0

do

SO

25

33
55
90
80
43
60
95
27
40
55
18
20

do

Bx.flneto finest

45

at

do

Choicest

60

@

65
12
16

@

1 20

0
0

24
45

32
28

@

3d

0
0

38
44
S3
20

Kentucky lugB, heavy
TP ft
leaf,
“
com. to fine.
Seed leaf—New Eng.wrappers^fi-’l?
do
fillers, Wll.
Pa. assorted lots, ’76-*77
Yara, I and II cuts, assorted
Havana, com. to fine

ex

13^@

“

14y
V %

"

....@

“

....@

7

....TP ft.
“

“
**
_

^

....

....

....

....

Clover,Western
.:
Clover, New York State

Manufac’d.ln“ bond, black work
“

Fair
Inferior
Burry
Sjuth Am.Merino,

,

TP sack.

*2 50 @

©

26

®

28
....

TP ft.

7Xift

7X

7K@

8

TP bush. 1 30 <a

Canary,Sicily
Canary, Dutch
Hemp, foreign
Flaxseed, American, rough
Linseed, Calcutta
TP So ft# gold.
Linseed Bombay
VSIft gold.

1 49

1 70 @ 1 77X
2 5j
1 75

1 85

@
@
@
@
@

130
1 90

...

@

....

155

87
SO
IS

Superior, unwashed

7^

25
27

TRft

American,Combing
Extra, Pulled
No.l, Pulled
California, Spring Clip-

....

TP bush.

bright work

WOOLAmerican XX
American, Nos. 1 & 2

7^
7 @
....@
....@

x

Canary,Smyrna

•

and ex. sup
Batavia. Nos. l'’@12
Brazil, Nos. 9@ll

do

TP bbl. 10 23 fit 10 5Q
“
@
“
@
"
19 2) @10 50
“
11 75 @ 12 00
“
....@22 00
TP ft
5 75 @ ....
"
11 @
113f
“
....
@ 7*l7X

Rangoon, In bond

Timothy

...0

t*
14

TOBACCO-

TP gal.
*T

Naphtha,City, bbls

SEEDS-

....0
....0
....0
.0

Oolong, Common to talr^^
do
Superior to fine
Ex fine to finest
do

PROVISIONS—

Li vernool,

9X@
10X0

cur.

sup.

do
do

52

1 08
3 59

9@

Imperial, Com .to fair

1 05

@

3 90

6X@

c;ayed, Nos. 10@12
Centrifugal, Nos. 7@13....

do
do
do

83

@
@

8 OO
4 Ub
3 29
4 00

Store Prices.
14X@

Qunpowder, com to fair

35

@
@
@

1 02

•*

“

Boxes,

9X
12

@
@

...@

4 00

4X@

....

TR gall.

castspring
machinery

do
do
do

....

<a

2 04
1 07

Fiiir

....

S5

@
@

50
00
60
60

8
3
3
3

.

blister....
cast, Tool

Good refining
Prime
Porto Rico, refln

5

110
56
80

“

3 75
4 t'0

do
Extra fine to finest
do
Choicest
Young Hyson,Com.to fair

....
.

30 @

....

“

Lard oil. Nos. 1 and 2

•«

English .refined
Plates.I. C., coke
Plates.char.terne.

2 i.*u
2 12X

9X<§*
12 @

*•

Whiskey, Scotch

Banca

@
@
@

4

TP gal.

••

Straits

NUTS—

Cases...
Refined

14X0
7X0

French

“

PETROLEUM—
Crude, in bulk

....0
4X0

Prunes,Turkish (new)

“

City, thin oblong.bags, gold, W ton.
Western, thin oblong (Dom.)cur “

-

Citron

....

OIL CAKE—

“

Currants, new

Tar, Washington
,.,..TP bbl.
“
Tar, Wilmington
Pitch, city
“
Spirits turpentine
TP gal.
Rosin, strained to goodstrd,TP bbl.
low No. 1 to good Ho. 1
“
low No. 2 to good Ho 2
“
“
low pale to extra p ile.. “
window glass
“

Olive, in casks TP gall
Linseed, casks and bbls
Menhaden, crude Sound,....

“
.gold
“
"

Valencia, new

“

OILS—
Cotton seed, crude

ns4—

do

“

“
“

...

33

&

gold.
@ 17 00

<

TP gall.

T ALLO W—
Prime city

Nominal.
Nominal.
32 @
so
15 @
45

OAKUM—Navy,U.S. Navy & best TP ft.

6X0
Madder, Dutch
5 @
Madder .French, E.X.F.F
22
@
Nutgalls,blue Aleppo...
cur.
OH vitriol (66 Brimstone)
“
Opium,Turkey ....(in bond),gold. 3
Prusslate potash,yellow. Am..cur.
Quicksilver
;
gold.
Quinine
cnr. 3
Rhubarb, China,good to pr.... “
3alsoda, Newcastle..$ luo lb, gold
Shell Lac, 2d & 1st English. TP ft.cur.
Soda ash.....
TPlUOft.gold 1
Sugar of lead, white,prime.TPftcur.
Vitriol, blue.common

“
“
...

26

@

Pecan

cur.

IS

Gin

do
do

23

34 ®

Brazil

”
“

.

6

@
@

...

Filberts, Sicily
Walnuts,Naples.....

@

"

Licorice paste,Sicily
Licorice paste, Spanish,solid..

BarbadoeB
Demerara
Porto Rico
N. O., com. to prime
NAVAL, STORES—

Almonds, Jordan shelled

28X0
8

24

25

“

52X0

“

gold.
per ICO lbs.
**

Catch
Gamhier.

6 40
3 37^
5

@
@
@

^ ft

Cuba,clayed
.....TP gal
Cuba, Mu8.,refln.gr’ds,50t est.
“
do
do
grocery grades.
“

1214 &
10x3

24
SO
3 65
17 75

cnr.

Cabebs, East India

100 lbs, gold 6 3?X@

Oak. rough
Texas, crop
MOLAS3ES—

...

....@
@
....@

Batavia

Manila,

“

16)^3

*•

@ 44 00

“

6 00
5 25

....@

Mel ado

“

.......

$ 100 ft

50
5
8-10
11

8X@
4
32 00 @ 36 00

3 25

@

12X«

American German spring

22 75 @ 24 00

Bar, Swedes,ordinary sizes.. TP ton.ISO 00 @132
Scroll
TP lb. 2 5-10®
Hoop, Xx.No.22 to l&iXx 13&14 ’*
5 @ 2
1('X@
Sheet, Russia
..gold.^ft

cur.

4 75

TP ft,gold

SUGAR—
Inferior to common refining... ,TI

Hemiock.Buen,A’res,h.,m.&l.^ft.
20 @
21X
California, h., m. * 1.
20 @
21
common hide,h., m.21
rough...
20 @
23
27
Slaughter crop
25 @

....@

white

American
American
American
American

LEATHER—

@

Singapore

do

English,cast,2d&lstquality TPftgold
English,spring,2d & 1st quality.. "
English blister,2d& lstquality.. “
English machinery.
14
English German,2d * 1st quality “

“

American Ingot, Lake
COTTON—See special report.
DRUGS & DYES—

Caustic Boda
Chlorate potash

@

do

STEEL—

...

Pig, ScotCD

’*

cur.

Brandy (Cal.) deliv. in N. Y....

- -

Sheet

13H»

¥ ft.

Sheathing,uew (overl2
Braziers’(over 16 oz.)

@

100 ft.gold. 5S7X®
common

do
Irish
Domestic liquors—
Alcohol
Whlskev...

Mexican, sheet..

Ordlnary foreign
Domestic, common
Bar (discount. 10 p. c.)

Forelgn
Domestic,

Brandy, foreign brands
Rum—Jam.,4th proof
St. Croix,3d proof

@

36

@

SPELTER-

Cloves
do stems

8X

LEAD-

a

...

@
@

Nutmegs,Batavlaaud Penang
Pimento, Jamaica

0

Rails, American
y ton, car.
Steel rails, American....
43 00

@

5 00
4 7i

do
Calcutta
Mace

....&
@

Sheet,single,double* treble,com.

Rio, ord. car.60and9G days.gld.$ib
do fair,
do
gold. **
do good,
do
gold. “
do prime,
do
gold. “
Java, mats
gold. “
Native Ceylon
—gold. “
Mexican
gold.
•*
Jamaica
gold. **
Maracaibo
gold. “
baguayra
gold
“
St. Domingo
gold. “
Savanllla
gold. *•
Costa Rida
gold.
‘

@

Ginger, African

£>K

....

....

5 00
4 7-5

Iie'-reeled Tsatlees, best
Re-reeled Congoun, No. 1........

do

1 <X

32X@
87X@

Pig,American,No. 1
Pig, American,No.2
Pig, American, Forge

Tavsaams. No. 1

Cassia, China Lignea

1«X

@
@

43

Honduras, sheet
IRON

©

Pepper, Batavia

INDIA KLTBBER-

Para, fine
Para, coarse
Esmeralda, pressed, strip
Guayaquil, pessed,strip
Panama strip
Carthagena, uressed.
Nicaragua, wheet.
Nicaragua,scrap

9

@

3 50

•*

SPIRITS—

HO PSNew Yorks, com. to med..,*.
do
good to prime
Eastern
Wisconsin
Old

7

6 r>7x«&

SPICES—

8X3

rn r

L. /. stock—Cal. kips.slauglVt. gold
Calcutta kips, dead green...
“
Calcutta, buffalo..
“

“

Teatlees, No. 2

....

.

TP ft

100lb.gold

per

SILK—

gold.4C0 00 @
*• 270 00 @275 00
,.$tft •*
6X3

Dry— Buenos Ayres,selected.TPftgold
**'

Refined, pare
Crude.
Nitrate soda

55

@

TP ton. 170 00

Russia,clean

4 75
9 00

0
0

SALTPETRE—

TP 100 ft

HEMP AND JUIE—
American dresHed
American undressed

Italian
Manila
Sisal
Jute

....

Lumber— Pine,g’d to ex.dry.TP M it.

Pine, shipping box

77

GUNNIES.—See report under Cotton.

GENERAL

ASHES—
Pot,first ecrt

CHRONICLE.

^

unwashed

Cape Good Hope, unwashed
Texas, fine. Eastern
Texas, medinm. Eastern
Smyrna, unwashed

FREIGHTS—

—

To LITBBPOOL:
Cotton
TP ft.
Flour
TP bbl.

Heavy goods. .TP ton.
Corn.bTk * bgs. TP bu.
Wheat, bulk * bags..
Beet
.... TP tee.
Boilr

Shhl

26
21
15
12
26
25
23
23

0
0
0
0
0

16

gold.

BTSAX.—.

8. d.

8.

d.

...@ X
2 3 0 2 6

27 6

«X
6X
60

'»45 0
J....
i •...
a....

@
0

s,

d.

0

33
24
18
20

0

28
80
21

0

27

0

18

sAru—■'
». d.

15-64 comp.

IS
2. 8

V

0
0
....0
**..0
A

....

27 6
T

....

•

•

••

....
....

•«**

78

THE CHRONICLE
Commercial

Cards.

Steamships.

Russell & Co.,
€ OM MISSION
AND

Boston Agency,

POMEROY St.,
Jb
N. Y

105 Water

)

utensils.

BOSTON.

Return

tickets

at

Co.,

LOUIS

flung Kong, Shanghai, Foochow and
Canton, China.

rates,

available

St., New York.

John Dwight & Co.,
MANUFACTURERS OF

SITPE R-C ARBOIVATE

from 1st

DEREBIAN,

Premiums
1st

Pier No. 51. North River.
For Kingston (Jam.) and Hayti.
ATLAS
I ETNA
For Hayti, Colombia, Isthmus of Panama and South
Pacific Ports (vim Aspinwai.).
ANDES
4 ALPS
Superior first-class passenger accommodation.
PXM, FOBWOOD & CO., Agents,
No. 56 Wall treet.

SODA.
II Old Mip, New York.
Jobbing Trade ONLY Supplied.

FOR
AND

Brinckerhoff, Turner
Co.,

Not

THE

5

v

COTTON SAIL DUCK
And all kinds of

ELEGANT STEAMERS

•

Hereafter the STEAMBOAT EXPRESS TRAIN WILL
LEAVE STONINGTON AT 4:30 A. M.
State-rooms and tickets secured at 363
Broadway and
stall offices of Westcott
Express Company in New
York
City and Brooklyn. Also tickets for sale at all

ticket-offices^

PROVIDENCE

FINE.

FREIGHT ONLY FOR

Providence,

Worcester, Nashua

all Points North.

Also, Agents

"States Bunting Company.

JL fiU supply all Widths and Colors
always In stock.

Duane

EAST.

I*
Iff
a
lrm. Daily from Pier 33, North River, foot of
Jay 8(reet>

hotel

COTTON CANVAS, FELTING DUCK, CAR COVER
JUSG, BAGGING. RAVENS DUCK, SAIL TWINES
&C. “ ONTARIO ’ SEAMLESS BAGS,
4
AWNJNG STRIPES.’

No. 109

POINTS

Trip Missed in 7 Consecutive Years.

STONINGTON and RHODE ISLAND.

Manufacturers and Dealers In

U nited

a

BOSTON,

ALL

Street.

George A. Clark & Bro.,

and

Steamers leave.

5

]ff. Daily from Pier 29

North River (foot of
Warren street.)
Freight taken via either line at lowest rates.
D. S. BABCOCK, President.
L. W. FILKINS, General Passenger
Agent.

same

period

The

Stock, City, Bank and other stocks.$10,565,958 00
Loans, secured by Stocks and other¬
wise
Real Estate and claims due the Com¬
pany, estimated at
Premium Notes and Bills Receivable.
Cash in Bank
Total amount of Assets

Shirts and

Hosiery.

Drawers

From Various Mills.
KKW YORK.
A <5 Whitb Strkbt.

BOSTON,

PHILADELPHIA,

.

Ships’ Rigging, Suspension
3ridges, Derrick Guys, Ferry
A large stock
Ropes, &c.
constantly on hand from
which any desired length
are cut. FLAT STEEL AND

IRON ROPES for Mining
purposes manufactured to
order.

JOHN W. MASON &
CO.,
43 Broadway, New York*

ORGANIZED APRIL 12™ 1842

"THE

15 Chaunoby ST.

MANCHESTER

Works,

MANUFACTURERS OF

locomotives

and

Fire

Amoskeag Steam
Engines,

MANCHESTER, N.
JURIS STAS

BLOOD,

Superintendent.
i

Manchester, N. Hi




gQ

H.

W. G. MEANS,
Treasurer,

49 Water street, Beaten '

617,436 01
1,764,393 63
255,364 02

$14,366,351 60

Six per cent. Interest on the
outstanding
certificates of profits will be paid to the
holders

thereof, or their legal representatives,
Tuesday, the 5th of February next.

on and after

The outstanding certificates of the issue
of 1874
will be redeemed and paid to the holders
thereof,
or their legal
representatives, on and after Tues¬
day, the 6th of February next, from which date all
interest thereon will cease. The certificates to
be

produced at the time of payment and canceled.
Upon certificates which were issued for gold pre¬
miums, the payment of interest and redemption,
will be in gold.

Forty

per

Cent, is

de¬

on

Tuesday, the

7th of May next.

By order of the Board,
J. H.

CHAPMAN, Secretary*

msst
fcsliU£sF.S.WINSTON,PRESIDENT

TRUSTEES:
J. D.

Jones,

Charles

W. H. H. Moore,
Charles H. Russell,
David Lane,
Daniel S. Miller,1

.

every approved description

0f

°

LIFE and ENDOWMENT POLICIES

ON TERMS AS FA VORABLEAS THOSEOFANY OTHER
CO*

>sn®sETSM8$a0.ooo.ooo.

Dennis,

Gordon W.

John D.

Charles P.

John

Elliott,

William H. Fogg,
Thomas B. Coddington,
f

J. D.

Burnham,-]

William Sturgis,
William E. Dodge,
Thomas F. Youngs,

William H.

Charles H. Marshall,
Robert L. Stuart,
Frederick Chauncey, ^
Horace Gray,

v

Lewis Curtis,
James Low,

Josiah O. Low,
Royal Phelps,
C. A. Hand,

Webb,
Francis Skiddy,
Adolph Lemoyne,

J. W. DAYTON, 230 Chkstnut Stbbbt.

Locomotive

1,163,200 00

jvaDbsed Charcoal and BBfor

FOR

Saratoga Victory Mfg Co,,
AND

86

Company has the following Assets, viz,:

HOISTING PURPOSES, in¬
clined Planes, Transmission
of Power, &c.
Also Gai

E.R.Mudge,Sawyer&Co
ISllerton New Mills,
Atlantic Colton Mills,

$4,902,331 08

the net earned premiums of the
Company
for the year ending 31st
December, 1877, for which,
certificates will be issued on and after

Miscellaneous.

BROADWAY, NEW YORK.

AGENTS

Life

$2,565,890 27

Expenses...$947,923

suitable for MINING AND

Washington Mills, Chicopee Mfg Co.,
Uurlington Woolen Co.,

upon

$6,751,028 44

Returns of Premiums and

A Dividend of

NEEDLES.

2,040,362 61

nor upon

Premiums marked off from 1st Janu¬
ary, .1877, to 31st December, 1877....
Losses paid during the

STEEL AND CHARCOAL
of superior quality

HELIX

.

..

Fire disconnected
with Marine Risks,

IRON

400

54,710,665 83

Policies not marked off

January, 1877

Risks,

’

clared

Rope

DOLWARD’S

on

United States and State of New York

RELIABLE

Stonington Line.

No.

&

OLD

January, 1877, to 31st De¬

No Policies have been issued

BI-MONTHLY SERVICE TO JAMAICA, HAYT1
COLOMBIA and ASP1NWALL, and to PANAMA and
SOUTH PACIFIC PORTS (via Aspinwall.)
Fust-class, full-powered, Iron screw steamers, from

Co.

Marine Risks

Total amount of Marine Premiums.

Atlas Mail Line.

THE

on

cember, 1877

OF

The

Premiums received

thus

BY

CO., of China,

104 Wall

reduced

Agent, 55 Broadway.

MERCHANTS,

BEPRESENTED

very

or any

through England and France. Steamers marked
(») do not carry steerage passengers.
For passage and freight apply to

Insurance

The

railway station In
England—First cabin, $90 to $100, according to accom¬
modation ; second cabin, $65; thi:-d cabin,
$35, steer¬
age, $27, Including everything as ab ive.

Post Office Box 2,634.

OLYPHANT &

THE

New York, January 23, 1878-^
Trustees, in conformity to the Charter of the
Company, submit the following Statement of its
affairs on the 31st December, 1877:

*

To Plymouth, London

COMMISSION MERCHANT,

COMMISSION

Mutual

cabin, $35; steerage, $26—including wine, bedding and

Charle| E. Parker,
Olyphant &

OF

A T L A N T I C

;

HAVRE.

follows:
•SAINT LAURENT, Lachesnez... .Wei., July 24,12 M.
LA HR \DOR, Sangller
Wed., July 31,7 A. M.
CANADA. Franguel
Wed., August7, l.:30 P. M.
PRICE OF PASSAGE IN GOLD (Including wine;:
To Havre—First cabin, $100; second cabin, $
5; tnlrc

W.POMEKOY Jk.. 105 Water St.. N. Y.

Plaee,

AND

as

Represented by

H Exeliange

YORK

Calling at Plymouth for the landing of Passengers.
The splendid vessels on this favorite route, for the
Continent-cabins provided with electric bells—will
sail from Pier No. 42 North River, foot of Morton
st.,

Head

S.

OFFICE

BETWEEN

NEW

Hong Kong & Shanghai
Banking
Corporation,
Office, Hong Kong.
\

France.

to

The General Trans-Atlantic Company
Mail Steamships,

) Represented bi
w.
W. pome!

MURRAY°FOR'BES,£i s.
S*.
M Csntbal Street.

«Z.

ONLY

Direct Line

AGENTS,

fiong Kong, Canton, Amoy, Eoocliow,
Shanghai and Hankow, Cliina.

Insurance.
'\

4($:Wh>

MERCHANTS

SHIP

fVoL. XXVIL

Hewlett,

Bnrdett,

Alexander Y. Blake,
Robert B. Minturh*

George W. Lane,
James G.

DeForest,
Leverich,
Edmund W. Corlies,

Charles D.

William Bryce,
Peter Y. King,
Horace K. Thurber.

JONES, President.

CHARLES DENNIS,
W. H. H. MOORE, 2d
Vice-President,
A* A, RA YEN, 3d Vice-President.
*

Vice-President.^