The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
THE
fiff'm
HUNT'S MERCHANTS' MAGAZINE:
REPRRSENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL.
NEW
27.
YORK, JULY
THE
National Bank-NoteCo.
(INCORPORATED
1
XEW
1859
52
)
WALL STREET,
YORK.
BABE NOTES, ClOVERNMENT AND
with
In the nigliest Style of the Art,
t>
prevent
COMMISSION.
C. D. Wood.
AND
J.
THREE
Size,
PiUem,
Style
WITH STEEL PLATE
3,
J.
H. VAN
or Detace,
TINTS.
13
ANTWERP,
MACDONOtlGH,
Prcs't.
Vlce-Pres't.
A. ». SIIEPARD, Treasurer.
JNO. E.
Asa
p.
CURKIEU,
Pottkb, Prest.
Secretary.
Sxh'l Phillips, Cashier.
Maverick National Bank,
Capital,
$400,000
200,000
Surplus,
Special attention given to COLLECTIONS, and
prompt remittances made on day of payment.
Boston business paper discounted. Correspondence
I nvited.
R. A. Lancaster
&
Bankers, London,
Co.,
DEALERS tN
Commission, and carried on Margins.
Deposits Received and Intci eat Allowed.
Accounts of Country Banks and Bankers re
celved on favorable terms.
tW
RAILROAD & MISCELLANEOUS SECURITIES
GOVERNMENT
International
STREET,
BUT ASD 8KLL
BONDS, GOLD, STOCKS
&
JOHN
'
WALSTON
34
n.
BBOWN.
RAILROAD
8EC17RITIES.
BANKERS,
W^ALL STREET, NEW^ YORK,
Iisne I^etters of Credit, available In
world
LA
Y'ork.
Kountze Brothers,
12
^£\r ORIiEANS
&
Co.,
BANKERS,
CEDAR STREET,
In addition lo a General BaTiking Business, bay and
sell
GoTCrnmenfi Bonds and Investment Securities,
HAAB.
J.
HBNOSTLEB.
C. F.
KUEH2fKJnnn>T
Haar & Co.,
BANKERS AND BROKERS,
45 WALL STREET.
DEALERS IS SPECIE AND UNITED STATES
SECURITIES. Buy and sell Stocks, Bonds, and Gold
Special attention paid to
ORDERS EXKCI;TED AT THE PHILADELPHIA
AND BOSTON STOCK EXCHANGES
FHED. A. BBOWy,
BANKERS,
Pine Street, New
AMD BAJVKER,
166 GRAVIER STREET
Hambnrg and
AND
SPECIAL ATTENTION GIVBN TO THE NEGOTIATION OF
Charles G. Johnsen,
HIERCIIAIVr
of
Oilman, Son
Walston H Brown & Bro.
Co.,
Special attention to business of country banka.
Bank
MISCELLANEOUS SECURITIES.
Bankers and brokers,
T Wall St., Cor. New, New York.
INVESTMENT SECURITIES.
Co.,
London, (lilnilted.)
HOUSE IN EUROPE,
BERENBERG, GOSSI.ER tc CO
HAMBURG.
.
A. H. Brown
&
OOBKESPOSDENTS OP
for cash or on margin.
orders for investments.
Foote,
No. 12 W^ALI^
BOSTON.
70 State Street.
Street.
GoSSLER
J. H.
STOCKS, BONDS and GOLD Bought and Sotd on
&
Agents.
SMITH, PAYNE i^ SMITHS.
UNION BANK OF LONDON.
YORK,
134 Pearl
62
Transact a General Banking Business.
Hatch
f
New York, The BANK of NEW YORK, N.B,A.
Francis,
bankers and brokers,
70 Broad w^ay d; 15 New St., Nenr York
BANKERS,
aOUTIlERN SECURITIES A SPECIALTY.
LOANS NEGOTIATED.
&
Trask
First-Class Investment Securities.
GOVERNMENT BONDS, STATE, CITT, COUNTr,
Bought and Sold on Commission.
Virginia Tax-Receivable Coupons Bought.
do
NEW
BOSTWIOK.
Member N.T. Stock Exchange.
Southern and Western State, Municipal and P,allroad Securities made a specialty.
Mining Stocks bought and sold at New York and
San Francisco Exchanges.
Correspondence solicited.
BROADWAY, NEIV YORK,
do
do
Stocks, Bonds, Gold and Government Securities
l*ought and sold for cash or on margin.
BANKERS AND BROKERS,
6tt
NEW YORK.
Petty & Bostwick,
BROAD STREET, NEW^ YORK.
BOSTON
1
;
S. B.
or
"
Jssue Commercial and Travelers* Credits available
In any part of the world. Draws Exchange, Foreign
and Inland, and makes Transfers of Money by Telegraph and Cable. Gives special attentl«n to Gold and
Silver Bullion and Specie, and to California CoUec
tlons and Securities and arranges to pay Dividends
on such securities at due dates.
Sam'l D. Datts.
N. PKTTT.
CHRISTENSEN,
CHARLES W. CHURCH,
BROKERS,
PINE STREET,
3,500,000
C. T.
& Davis,
Wood
BANKERS AND
MORE COLORS and numbered CoiviecuUvely.
SUMBBRED LOCAL AND COVPOS TICKETS,
Any
(invested in
U.S. Bonds)
GOVERNMENT BONDS, MUNICIPAL AND RAILROAD SECURITIES BOUGHT AND SOLD ON
GENERAIi PRINTING.
ONE, IWO,
Surplus,
gages, and the Interest collected.
No. 31
SECURITY PLATE PSIXTING.
SAFETY TItfTS.
SAFETY PAPERS.
in
Capital, paid up.... $10,000,000 Gold.
Agency of Banks. Corporations,
Sound railroad and municipal bonds negotiated.
Funds carefully Investeil In Western farm mort-
special
Alterations.
BAILWAY TICKETS
York.
flrms and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations In paying coupons
and dividends, also as transfer agents.
Bonds, stocks and securities bought and sold on
Counterfeiting and
RAIIiW^AY, COinMERri.VL
OF SAN FRANCISCO.
New York Agency, C2 Wall Street.
commission.
CORPORATION BONDS,
CERTIFICATES OF STOCK, BILLS OF EXCHANGE
POSTAGE AND REVENUE STAMPS,
PROPRIETARY AND TRADE-MARK STAMPS,
safei^ards
The Nevada Bank
Co.,
BANKERS,
IVilliam Street, New
AcconntB and
Plate En^rarlng and Printing
Steel
&
Paton
Jesup,
682.
Financial.
Financial.
Financial.
OFFICE, No.
NO.
20, 1878.
;
also.
Time and Sight
Bills
all
parts of the
on the
BAITK OF LONDON. Cable Transfers made.
UNION
CA^ Co.
BANKERS,
COR. OF
WALL STREET AND BROADWAY,
New
York.
Transact a General Banking Bnslnesa, Inclndlss the
purchase and sale of STOCKS,
for cash or on a margin.
BONDS and QOLD
-
Investiuent Seenrltlea For Sale.
A. M. Kinoni.
McKim
BOX
2,647.
P. O.
JkloLsLLAK, Jb.
0.
W
W. TSASS
Brothers &"Co.,
BANKERS,
47 Wall Street, New Torlu
:
:
THE CHRONICLE.
II
Canadian JSank§.
Canadian Banks.
Bank of Montreal.
Imperial Bank of Canada
Foreign Excliange.
&
Morgan
Orexel,
Co.,
[Vol. XXVII.
WALI. STREET,
Capital,
CORNEB OF BROAD, NEW YORK.
Drexel
&
Drexel, Harjes
Co.,
Ho. 34 South Tbibd
St.
SI
& Co
Bonlevard Hanesmann
CAPITAL,
SURPLUS,
GEORGE STEPHEN,
Paris.
Pblladelphla.
DOMESTIC AND FOREUGN BANKERS.
BeposltB received subject to Draft. Secarlties. Gold,
ftc, bought and Bold on CommiSEiou. Interest allowed
on Deposits. Foreign Exchange. Commercial Credits.
Circular Letters for
of the world.
Cable Transfers.
available in
OLD BROAD
Brown
ST..
&
WAIiL
No. 69
ST., N.
Co.,
y.,
Issue, against cash deposkcd, or satisfactory guarantee of repayment. Circular Credits for Travelers, In
iloUars for use in the United States and adjacent
and
poumls
In
sterlittg
for use in
any part
of the world.
THEY ALSO
COMAtEUCTAL CREDITS
ISSXTE
MAKE CABLE TRANSFEKS OF MONET BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.
.
S.
G.
&
G. C. Ward,'
AGENTS FOB
BARING BROTHERS &
COIflPANT,
68 WALL STREET, NEW YORK.
28 STATE STREET, BOSTON.
&
"jT~& J. Stuart
33
is.
Co.,
;
RIANCHESTER & COITNTY BANK,
"LIMITED";
STITART & CO., Bankers,
MANCHESTER, PAYABLE IN LONDON
;
VJLSTER BANKING COMPANY,
BELFAST, IRELAND
AND ON THE
NATIONAL BANK OF SCOTLAND.
London
Office,
No. 9 Bircliin Lane.
AOENCS OF THE
Bank of British
North America,
No. 52 WALL STREET.
Commercial Credits issued for use in Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable In
London and elsewhere, bought and sold at current
Demand Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MaoTAVISH, {Agents.
(.-„„,.
WM. L.vWSON,
59 KXCHANGK PI^ACE,
CORNER BROAD STRKKT, NEW TOKK.
K^ALL STREET.
$6,000,000 Gold.
$1,900,000 Gold.
Capital,
Surplus,
Buys and
Sells Sterling
Exchange, and makes Cable
Transfers of Money,
issues
Payable In any part of Europe, Asia, Africa, ATiatralia
and America.
Draw Bills of Excliange and make tele^aphlc trans*
fers of money on Rurope and Caltfnrnta.
John Munroe
No.
&
Co.,
Ne. 8 "Wall Street, Ncav York,
4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
MVNROE &
CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS &. CO,, LONDON.
CiBCTTLAB Notes
and Cbedits foe Tbatblbbs.
Knoblauch
Merchants' Bank
C AK A
Capital,
-
-
-
»
A.
Lichtenstein,
BANKERS,
S9 AVlUlam
St., cor.
Exctaanee Place,
NEW YORK.
HaKe Telegraphic Money Transfers.
Draw Bills of Exchange and lasoe Letters of
all principal cities
HEAD
Street, New
AeSHTS FOB TBI
ISO Pearl
WILKIE,
Cashle:
93
Lombard
Agents
New York
in
Bank of Montkeal,
street.
59
Wall
street.
Promptest attention paid to collections payable in
any part of Canada.
Aporoved Canadian business paper, payable In gold
or currency, dlsi^ounted on reasonable terras, and
proceeds remitted to any part of the United States by
gold or currency draft on New York.
The Bank of Toronto,
CANADA.
Capilal,
Reserve,
%l,\
HEAD
$1.1
1 ORONTO.
DiTNCAX CoDLsoN, Cashier Hugh Lbach, Asst. Cash
Branches at Montreal, Peterboro, Cobourg, Port Hope
OFFICE,
;
Barrle.St. Catharines, Colllngwood.
BANKERS:
London, England.— The City Bank.
Bank of Commerce,
NTwro
Ksw V/MjHlOKK. i National
j j,_ j,,_ sn,iti,ers and W. Watson.
Collections made on the best terms.
Foreign Bankers.
Banque
Centrale
Anversoise,
Antwerp.
Pald-Up Capital,
9,000,000 Francs.
-
Fkltx Grisah. President.
ALFRED Maqcinat (Graff & Maqulnay), Vlce-Pres,
J. H. Von ter Beckk (B. Von der Becke).
Otto Guntheb (Corneille-David).
Emue de Gottal.
Ai>. Prank (Frank, Model & Cle.)
AvG. Nottebohm (Nottcbohm Freres),
Fb. Dhanis (Miclilels-Loob).
Jim. Dan Fuhrmann, Jr. (Joh. Dan. Fuhrmann),
Louis Webbh (Kd. •\ eber & Cie.)
Jules RAUTENSTBAtcu (C. Schmld
&
Cie.)
TRANSACTS A
GENERAL BANKING BUSINESS.
Adolph Boissevain & Co.
BANKERS
AND
COMMISSION MERCHANTS,
GEOKGE HAGUE,
WM.
J.
General Manager.
Asst, General Manager.
INGKAM,
AMSTERDAM, HOLLAND
N. Y. Con-espondents.- Messrs.
Henry
ENG—The Clydesdale Banking
NEW YORK—The Bank of New i'ork^N. B.Co.
A.
LONDON,
Bank of the Republic.
The New YorK Agency buys and sells Sterling Ex-
change, Cable Transfers and Gold. Issues Credits
all parts of the world, makes collections
In Canada ^na etsewliere, aid Issues Drafts payable
at any of the officer of the bank In Canada
Demand
drafts Issued payable In Scotland and Ireland, and
every description of foreign banking business undertaken.
New^ Vork Agency, No. 52 William St.,
with Messrs. JESUP, PATON dc CO.
Exchange Bank
HEAD
Up
Pres't.
$1,000,000.
C.
R._MURRAT,
45 Pall Mall, London, England.
CIRCULAR NOTES free oj charge, available
Issue
in all parts of the world.
Grant
COMMERCIAL CREDITS
for use agalntv
Consignments of Merchandise.
Execute Orders on the London Stock Exchange.
Make
Collections on all Points.
Receive Depos:i
General London and Foreign Banking Business.
OFFICE, MONTREAL.
GADLT,
Co.,
and Current Accounts on favorable terms, and do
OF CANADA.
Capital Paid
&
King
S.
BANKERS,
National
available la
BLAKE BROS. & CO
KING, BAILLIE
Cashier.
BRANCHES:
Hakiltoh, Oht.; Aylmee, Ont,; Pabk Hill, Out.;
Bbdfobd, p. Q.
AGENTS:
QUEBEC (CITY) -Owen Murpiiy.
NOVA SCOTIA.—Merchants' Bank of Halifax.
FOREIGN AOENTS:
LONDON.—The Alliance Bank (Limited).
HEW YORK.—The National Bank of Commerce.
&,
CO., Liverpool.
NKW YORK OOKRESPONDENTS,
Messrs. IVARD, CAMPBELL ic CO.
Boston Bankers.
Chas. A. Sweet
&
Co.,
bankers;
.
SPECIAL PARTNER,
DErTSCHE BANK. Berlin.
&
Agents In London
Bosanquet, Salt & Co.,
OFFICE, MONTREAL.
.
Credit
of Europe.
G. Amsinck
D. A.
Dealers in American Currency and Sterling Exchange-
$5,401,790, Paid Up.
President, the Hon. JOHN HAMILTON.
Vice President, JOHN McLENNAN, Esq.
M. H.
&
;
OFFICE, TORONTO.
Commercial Credits available everywhere.
BANKERS.
Issne Letters of Credit for Trarelers,
HEAD
$1,000,000.
President
BOARD OF DIRECTORS:
Commerce,
of
No. 50
OP
BANKBRB,
ROWLAND,
The Canadian
CABLE TRANSFERS AND LETTERS OF CREDIT
&W.Seligman&Co.,
S.
rates; also Cable Transfers.
ALSO,
J.
.„„„,.
;
SMITXI'S,
BANKERS, LONDON
1
Buy and eell Sterling Exchange, Francs and Catle
Transfers; grant Commercial and Travelers' Credissue drafts
its, available in any part of the world
on and make collections in Chicago and throughout
the Dominion of Canada,
Bank
EXCHANGE ON
BILLS OF
Smithebs,
C. F.
NASSAU STREET.
SniTH, PAITNE &
JOHN
Nos.
Walteb Watson, J Agents.
LONDON.
Brothers
General Manager
NSW YOBK OFFICE,
61 AYALL STREET.
59
Travelers,
MORGAN
No. aa
ANGUS,
H.
Beanches :— ST. CATHERINES, PORT COLBORNE,
ST. THOMAS, INGERSOLL, WELLAND.
President.
R. B.
all parts
Attorsbts and AeKNTS OP
Sc CO.,
mesars. J. S.
conatrles,
$12,000,000, Gold.
5,500,000, Gold.
Co.,
York,
IiONDON AND BANSEATIO BANK,
Messrs. Illlraers, McGowan tb
CHICAGO.— Union National Bank.
BUFFALO.— Bank of Buffalo.
Co,
est rates
made promptly and remitted tor
state street, boston.
State, City,
skcu.jities, got*
County and Railroad Bonds.
Parker
BANRBRS,
Sterling and American Exchange bought and sold.
Interest allowed on Deposits.
'Collections
40
dealers in government
at low-
Bnr and
78
&
Stackpole,
DEVONSHIRE STRBBT
BOSTON,
Sell
County Bonds.
Western
Cltjr
and
:
July
THE CHRONICLE.
20, 18T8J
California Banks.
Financial.
The Bank of California, San Francisco.
UNION TRUST CO.
Boston Bankers.
Holt,
OioBOi
Mcmbor N. Y. Stock Excbanie.
«io. Wji. UxLlov.
II.
CariTAL, Paid
deo.Wiii.Balloii&^Co
8
M DEVONSHIRE
WALL STRKET,
New
&
Co.,
Koston, niaaa.
In Slooka,
Bonda, Gold and CommereUl
CAPITAL,
Transfer Agent and
AQKNTS FOR THE BANK OF CAUFORNIA,
No. 12 t'ine St., New York.
Rc{riiitrar
LEGAL DEPOSITORY FOR MONET.
Interest allowed on Deposits, which may be made
and withdrawn at any time.
N, B.—Checks on this Institution pafla through the
Clearingllouac.
KDWAUI) KINO, PraiuUnt.
J. M. McLkak, U( \ice-Pieiildfnt.
Wm. WiuTBWBioHT,
racllltles; al?o all other Catifornia Securities.
Issue Bills of Exehrm^e. Letters of Credit and i'ele*
graphic Transfers on London, Yokohama, Shanghai,
Hong Kong, Honolulu, Virginia City and San Fran-
InTeatmant Securities confitoDtlTon hani!.
J.
&
liONDON,
Baltimore Bankers.
&
Wilson, Colston
and VIRGINIA BKCUKITIK8 a
•peclalt;.
Correspondence
solicited
and
Information
Blabed.
N. 1 . CoBRaBPONDEKTS— McKlm Brothflrn
fnr.
A f o.
Austin,
Bell
LILIKNTHAE,
Co.,
BANKERS,
nOBILE, ALABAmA.
aaymeat.
Correspondents.
German American Bank, New
rork: Louisiana (iationrti Bank, New Orleans ; Bank
at Liverpool. Liverpool
all
Botts. Pres't
:
C. 8. Lone-
C. F. Fkkzei,
Fresident.
j
STATE BANK,
(Incorporated
1»;5.
)
(
C. T. Walkbb
Cashier.
German Bank,
I,ITTI,E
CAPITAL (Paid-ik)
SuBPUia
Prompt attention given
to ail business In
N. Y. Cobbkspondksts, Donneil. Lawson
the Metropolitan National Bank.
our
&
STOCKS
line.
The
R. T. Wilson
&
Co.,
ADRIAN
Transact a general banking and brokerage business
Railway shares and bonds. Government Securities
and Gola.
Interest allowed on deposits.
Investments carefully attended to.
BOX
of lands and the character and responsibility of borrowers, and whose experience in the business for the past SIXTEEN YK AK8 has enabled them
to give entire satisfaction to Investors.
2,347.)
lOTTA,
10
Com
D. H.
Nichols
ft
Co.,
Baokera
TALBOT,
General Land, Scrip and Warrant Broker,
Slonx Oitjr, lovra.
Reference.— First National B ant. Sloni City, Iowa.
S.
7
Bailey,
PINE STREET.
Dealings In
Insurance
New York,
DBALBB rK
CITY tc COUNTY BONDS
S.
IJ Peb Cbnt Gdabasitekd.
TO
FOR S 'LE.
A Choice lot of Lauds In different parts of the
West. Also, Western Securities. A Choice Inveat
ment. Address, for full particulars.
St.,
Kef era bypermlaaloa to W.
NEBRASKA AND DAKOTA.
E.
ST. LOITIS
AND AtL CI.ABSKS OP
IKVBSTMBNT i MISCELLANEOUS SECURITIES
SAVINGS BANKS EVEN, prove
stands
Wanted Money
Alden Gaylord,
WaU
Cent.
TO LOAN ON APPROVED SECUKITY IN
BO0GHT AND SOLD.
33
sosr.
ac.
NEW YORK.
CONTIXGENcy, address, for circular—" Actuary of
KANSAS. MlSSOUIil & CENTRAL ILLINOIS LUAH
AaHNCy," Jaobsowvillb. III.
See quotations of City Railroads in this paper
J.
ini;L.Li:R
The old CENTKAL ILLINOIS LOiN
unmoved amidst the stonn. If yoa
wish Inveslments ABSOLUlELY SAFE IN ANT
L. Grant,
All these loans are carefully made, after personal
Inspection of the security, by members of the above
firms, who. living on the ground, know the actual
11.
Bonds, Stocks,
AGKNcy
H.
CHAMPAIGN, II.I..,
No.
145 BROADTYAY,
OFFERS FOR SALE
NEW YORK.
BBAI. ESTATE FIRST MORTGAGE
COUPON BONDS,
CITY
RAILROAD
STOCKS & BONDS
Jn amounts of $1,000 and upwards, yielding
to
classea of
brittle reeds.
1861.]
per cent semi-annual interest, and negotiated
REGULAR AUCTION
all
OLD AND TRIED.
bills.
through the houses of
of
A Solid Ten Per
FOREIGN EXCHANGE AND GOLD,
63 lirall Street, New York.
(P. O.
hold
PINE STREET.
No. 7
in
A. C. Burnham,
value
undersigned
WEDNESDAYS AND SATURDAYS.
No. 16 TTall Street.
Special attention paid to the negotiation of
eUKXnAM, TRBVETT* MATTIS, Champatm, III.
KVnsilMf & TUU.EYS. Council muSa,t(M
BURSUAM it BKYKH, Grtnntll. Iowa.
DLUyUAit.oRXSBY it CO., E/nmeUtburg, Iowa.
BONDS
STOCKS AND BONDS,
Gwynne & Day,
Co. and
EIGHT
and
SALES
BANKERS AND COMMISSION MERCHANTS,
2 Exchange Court, New York.
merclal
.[BsUbllshcd
STRJBEX,
At Auction.
BROKERS IN
$75,000.
25,000.
I^ li
STOCKS BOUGHT AND SOLD ON .::MMlSSION.
INTEREST ALLOWED ON DEPOSITS.
P. Sftdvm Gbant.
G. St. Johx Sbef" bld.
Hilmers,McGowan & Co
HOCK, ARK.'
A
\r
TRANSACT A GENERAL BANKING BUSINESS.
PITISBUBGB, PENN.
[Established 1854.]
DiBBOToas.—Benjamin A.
No, 33
ST.,
Ed^ar Tiiompson Steel Co. (Limited),
acces-
cope, W.J. Hutjhlne.F.A. KIce.O.C. Baldwin. W.B.
Botts, Roh't Brewster.
BEN J. A. BOTTS, Fres't.
B. F. WEEM8, Cashier.
Company,
BANKERS AND BROKERS,
AND TUB
Texas.
•Ible points.
&
Grant
JOSXSTOWN, PEXN.,
parts of the United States
Capital, $500,000,
Henry Sanger, Alex.McCne,
Chas. R. Marvin. A. A. Low.
ANni. B. Haylts, HenryE.Bhcldon
Dan'lChauncey, Juhu T. Marwn.
JoBlah O. Low, Ripley Ropes.
Austin Corbin. Edmund W. Corlles.
Wm. R. BUNKER. SecrclaTT
Cashier.
ment of Bailroads undertaken.
TKE CITV BANK OF UOVSXON,
on
TRUSTEES
J.B.Rockwell,
John P. iiolfe,
Thomas Sullivan,
U.K. Pierrepont,
Alex. M. White.
All business relating to the Construction and Equip.
Bank,
to collections
KIPLEY ROPES-Presldenl.
CHAS. R MAKVIN, Vlce-Fre* t.
£d6ae M. Cttllbn. Counsel.
money.
Cambria Iron Company,
WILOTIlVliTittN, N. C.
We sire special attention
heligioue and churiUble iDStltntions, and persona
anaccustoined to tne transaction of busiuoeB, will find
Company a safe and conv^uient denoBitory for
this
Buy and sell Railroad Invcatinent Securities. Colect Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents for the sale of STEEL KAILS made by the
A. K. Waueeb, Cashier.
Houston,
$6,000,000.
1,55 0,000.
4 1 CEDAR, COR. WILLIAM
NeTT York.
—
all
1% can act as agent In the Bale or monageTncnt of reil
eatnte, collect intereet or dividends, receive registry
inc* transfer books, or inulie parchaae and sale of OoverniL tni and otner securltios.
S. Kennedy & Co.,
BANKERS AND MERCHANTS,
Special attenljon palil to collcciioas, with prompt
remittances at current rates of exchange on day of
Collections mane nn
trator.
Co.
J.
Soaltacrn Bankers.
TOOS. p. H1L1.KB, R ». WirT.tAM8. JNO. W. MILLKP,
CUA.S. B. MILLKB.
First National
&
Financial.
ST.),
Orders In stocks and Bonas promptly execated at
Pdilaclelphta and New k ork Botirda.
B. B. Bbbbuss, Prea't.
-
SeliEtman
Transact a general Buuking business. Issue Com
and BlUa of Exchange, available In all
parts of the world. Collections and orders for Bondp.
Stocks, etc., executed upon the most favorable termr.
P. N.
he
&
W.
la anthorlzed by special charter to act
Iruetee, soardlac, execu or or admlntA-
This Cerapanr
M receiver,
racrclal Credits
PHII,A»EI,PIIIA.
Thos. P. Miller
&,
& Clinton Bte., Brooklyn, N. 7.
Cor. of Montague
Angel Court.
FKRD'K F. LOW,
( Manaaers
IGNATZ STKINHART,!"'"'**"'-
J.
STOCK BROKER,
SOS WALNUT PLACE (316 WALNUT
H. OGILVIE, Secretary.
The Brooklyn Trust Co.
Office. 422 California St.
Agents, J.
Anthorlzed Capital, •
Paid-up and Reserve,
BALTIMORE.
TEN
Wm. Whitewrioht,
Geo. Ca'bot Ward,
Tuk<juore IIoosevblt.
J.
Office, 3
SAN FRANCISCO
Co., NEW YORK
BANKERS AND BKOKBBS,
IHVB8TMENT
Head
Samuel WiLLBTa,
M. MoLbait,
Augustus Schbll,
E. B. WEsuey,
G. G. Williams,
TUB
(LIMITED),
Plilla.
Vice Prentdtnt.
'id
EXECUTIVE COMMITTEE.
Anglo-Californian Bank
Anctlont, and Prlritte Sale.
of Stocks.
AuthorlKcd br law to act as Executor, Admlnlatrator. Guardian, Uccclver, or Trustee, asi Is a
Receive deposits and transact a genera] banking
business ; execute orders at the N. T. Stock Exchange
for Stocks, Government, State, Municipal and Railroad Bonds and Gold.
Orden execated on Cominltalon at Broken Board
$1,000,000.
HAS SPECIAL FACILITIES FOR ACTING AS
cisco.
paper.
YOUK,
No. 73 Broadtvar, Cor. Bector St.
Particular attention Kiven to the parchase aud sale of minina; Stocks In San
Francisco, for wlilcli tvo liave the best
CONGKESS STREET,
NEW
OF
THOMAS BROWN, Cash'r.
Jb., Asst. Cashier
BANKERS,
BANKERS,
Osalen
MrKliAY,
B.
$,',,000,000.
Laidlaw & Co.,
Municipal Bonds.
Brewster, Basset
in Gold,
tn>
ALVOlil), Proaldedt.
ST.,
BANKERS AND DEALERS IN
Ko. 35
WM.
Boston,
Vork,
Ill
Stocks
A SPECIAXTT.
•
Cash paid at once for the abore Secorltlei; or tBOf
he (Old OB commlialon, at aeUer'a option.
* Will
1
THE CHRONICLE.
IV
[Vol. XXVII.
Financial.
Financial.
Financial.
•Bersard Smyth, Auctioneer, No.
5
Pine
First Mortgage
Valley Railway
Seven Per Cent Bonds
OF OHIO,
OP THE
SETEIX PER CENT
ROCHESTER & STATE EIXE
RAILWAY COMPASiY.
First Mortgage Sinking
Scioto
St.,
SEliI. AT PUBI-ie AUCTION,
Will.
on WEDNESDAY, July 31, 18T8, at W;30
Exchange Sales-room, No. Ill
Broadway, by order of James D. Fish, Esq KeSavinss Bank;
I'eutonia
of
ihe
ceiver
64 bonds of the town of Hamlin for $1,000 each,
No8. 4 to 58, inclusive ; 3j bonds of the town of
Hamlin *5U0 e cli, Nos. 63 to 84 and 93 to 98, all mclnsive; 6 bonds of the town of Kendall for $!,0O0
each, Nos. <, 2S, 29, 31, 32 and 33, interest at 7 per
cent, payable April and October; 50 Brooklyn City
7 per ct-nt Sewerage bonds for $1,000 each, due
o'clock P. M,, at the
,
Fund Bonds.
July 1, 1880. Nos. 2« to 45, 71 to 100, all inclusive,
interest payable January and July. A'so, bonds of
" per cent,
the City of New York, with interest at
Issue of $15,590 per mile on lOO miles of road,
payable May and November, as follows : New York
AsBOSsmeiit Fund bond for 818,300, dne Nov. 1.
bond
for
Keliif
completed without floating debt, and running
t3,000,
187S No. 22; New York Tax
No. 175, dne July 1, 1879 ; Street-opening and Imdue
Nov.
1.
18
No.
17,
2;
provement bond for 81,000,
through one of the most fertile valleys of the Stale.
New York Accumulated Debt bond for 815,000
York
AccuNew
1884
;
No. 35, due November 1,
The net earnings of the present time are nearly
mulated Debt bond for $U',000, No. 64, due
Debt
Accumulated
Y'ork
New
November 1, 1885;
twice the fixed interest charges, and are steadily
bond for tJ,eOO, No. 34, dne November 1. 1886;
No
Slock
for
$20,000,
Improvement
York
City
New
increasing.
573, due Nov. I, 1889; two thares of New York Cily
Improvement Stock for $1,000 each, Nos. 69:i and
For particulars apply to
693, due Nov. 1. 18S9 Also the fol owing 6 per cent
County Court House Stock, interest p yable May
and Ni vember: No. 45. for $5,000, due Nov. 1. 1885;
No. 83, for $5,CO0, due Nov. 1, lf88; No 9ii, for
street,
$2,000, dne Nov 1,1839. Also, 13 bonds of the City
of Brooklyn, Third street Improvement Loan, for
cent,
$1,000 each, due July 1, 1881, interest at 7 per
payable January and Jnly, Nos. 66 to 68. Also, Ihe
following bonds of the Town of West Farms for
tSOO each, interest at 7 per cent, payable semiannually; Nos. 17 and IS, due May 1, 1879; Nos. 19
and 20, dne May 1, 1830; Nos 21 to 24, due May
1, 1881 ; Nos. t5 to 28, due May 1, 1682; Nos. 39
and 40, due May I, 1885; No. 41, due May 1,1886;
Nos. 173 to 178, dne March 1, 1888; Nos. 199 to 200,
due March 1, 1687; No.s. 201 to 220, due March 1,
1883; Nos. 221 to 230, due March 1, 1889. Also, 11
bonds of the Town of We-tchester for $1,C00 each,
OP THE
interest at 7 per cint, payable May and November,
Noa.59to6!, dueMay 1,1884; Nos. 64 toHi,diieMay
COMPANY,
NATION.\L
fol
ISSrt.
Also,
the
due
May
1,
1, 1S83; Nos. 66 to 90,
lowing bonds of the Town of East Chester, for .'60
BY A
SIKKING
semi-anSECURED
BY
payable
cent,
per
each, interest at 7
nua.ly; Nos. 1 to «, dne AprU 1, 1882; Nos.
UPON THE
FIRST
S88
Nos.
August
1833;
due
1,
174,
172 to
ERECTED AT KANSAS CITY.
to S91, dne August I, 1.-S5; Nos. 366, 357 and 8,9,
due Augnt 1. 1889; No. 391, due Ang. 1, 1890. Also,
four bonds of the Town of Kye. for $500 each, inand Accrued Interest.
Price,
terest at 7 per cent, payable May and November
Nos. 806, S07 209 and 210. A1.-0, 34 bonds. of the
Town of Morrisauia. for $500 each, interest at7 per
The net ea:niuss are larg ly in exceiS of the
cent, payable March and September; Nos. lOJ to
rch 1. 18«; Nos. 121 to j37, due
120, due
interest charges, and are constantly increasing.
Also. bOLds of
1, 1884; No. 2«3, due March 1, 1892.
We recommend these bonds as a perfectly safe and
the Town of Kendall, interest at 7 per cent, payable
April and October; No. 4. due April 1, ;879; Nos. 5 very desirable investment.
and 6, due April 1, 18iO; No?. 7 and 8. due .Ipril 1,
1881; Nos. 9 and 10, due April 1, 188-2; Nos. 21 and
32, due April 1, 188S; Nos. 23 and 24. dne April 1,
1889; Nos. 25 and 26, due April 1, li90; No. 2:,
Jiew
No.
due April 1. 1891; No. 80, due April 1, 1892, all
for $1,000 each; and the following of $500 each;
Nos. 43 and 4", due April 1, 1819; Nos. 45 ai)d
46, due April 1, 18i0; Nos. 47 and 4S, due April 1,
y.;RK, 73 Broadway, corner of Rector street. New
1881 ; Nos. 4) and 50. dne April 1, 18<S; Nos. 51 and
62, due April 1, 1883; Nos. 58 and 54, due April 1,
York, July 5, 1878.— At a meeting of the Board of
1884; Nos. 65 and 56. due April 1. 1885; Nos. 67 and
Trustees of the Union Trust Company of New York,
58, due April 1, 1886; Nos. 69 and 6 >, due April 1.
1887; Nos. 61 aud 62, due April 1, 1888; Nos 63 and
ONEheld this day, a Dividend of THREE
April
due
65
and
1,
April
Nos
66,
due
I,
1889;
64,
HALF (3X) PER CENT, upon the capital stock was
1890; Nos. 67 and 68, due April 1, 1891; Nos. 69 and
PttICK 90
AND INTEREST.
WIIVSEOW, EAIVIER
&
CO.
26 Nassau
KANSAS CITY
Water Works Loan.
aO-YE AR
SEVEN PER CENT GOLD BONDS
WATER
The Eochester di State Line Railway runs from the
City of Rochester to Salamanca, In the State of New
York, a di:tance of about 109 miles. It passes
through the rich valleys of the Genesee and
Wyominpf, a.'d forms the connecting link between
the New York Central and the Atlantic & Great
Weslern, making
route for
Par
new
from the Southwestern States. A pipe line for
transporting petroleum oil has been cons':ructed
from the Bradford Oil Regions to Salamanca, and
upward of 65 cars < f oil per day pass over the
road. The company is nnder the same control as
the New York Central, and is already earning a
surplus over the interest on its bonded debt. The
City of Rochester invested a large amount in the
Capital Stock of the Company at par, in order to
secure a shorter line for a coal supply, and upward
of one hundred thousand tons of coal per annum
will pass over this road to the city of Rochester
alone. The local business is very large, as the road
passes through thirty towns between Rochester
and Salamani a, in which there are eleven flouring
The
mills liesides various other manufactories.
net earnings of the road are more than double the
interest on the bonds. The bonds are a first mortgage lien, at the rate of $20,000 per mile, uoon the
We have sold over
road and its equipment.
$350,(00 of these oonds during the past month. We
ofl'er for sale a limited amount cf these lionda at 90
per cent and accrued interest.
WALSTON
WORKS
FUND AND
A
AND OSLY MORTGAGE
WATER WORKS
the shortest and most direct
England business coming
it
the
all
H.
BROWN &
BEO.,
34 Pine Street.
Delaware and Hudson
Canal Company
:
Mrch
M
FIRST MOttTGAGE, 4 C- YEAR,
PER CENT BONDS.
7
INTEREST, MARCH
1911
AND SEPTEMBER; COrPON BONDS
PRINCIPAL DUB
OF
$1,000
;
EACH; REGISTERED
BONDS OF $5,000 EACH.
DOXISELJ., E.lWSO]>I & CO.,
BY A FIRST AND ONLY
SECURED
ARE
York.
92 Broadway,
MORTGAGE ON ALL THE PROPERTY OF THE
OF
NEW
COMPANY
TTNION TRUST
COMPANY IN THE STATE OP PENNSYL-
AND
due April 1, 18 '2; Nos. 71 and
1893; No. '.3, due Apri. 1, 1894.
70,
72,
due April
1,
declared from the net earnings of
tlie last six
VANIA.
FOR SALE AT 101 AND INTEREST.
We recommend these bonds to investors desiring
a security of undoubted character.
DREXEL, MORGAN
WINSIiOW, I.ANIER
months,
JAMES
7 HE
OF THB
KANSAS PACIFIC RAILWAY
KNOWN
Lonis
AUTEMAS
New
H.
MKYEK,
Chairman.
H. HO' ME-, Secretaiy.
York, July nth, 1878.
N. T.
P. F.
UO.VDS,
arc notified that the United States Trust Company are
now prepared to furnish properly-engraved receipts
for all of said bonds and certificates deposited with
said Trust Company. In pursuance of the Circular of
the Committee of Nine of FlTet Mortgage Bondhuller8,;dated June 37, 1^78.
The Committee are advlsel that upwards of $2,0T'.000 of fcaUl bonds have been deposited, or are now en
route for deposit, lu pur.-uance of said circular.
Holders desiring to avail thi-mselvcs of the proposed
purchase and ic-organ zatlon of fald railway are
rei^uestel lO forward Ihelr bonds and cert:licatea to
the United states Trnsl Cumpany, 49 Wall St.. without
delay.
Spc cl d attention given to Corapr.imlsing, FundlBg,
Buying or Selling Missouri County, Township and
Municipal Defaulted Bonds.
Holders ana dealers would consult their Interests by
conferring with us. Reliable Information cheerfully
furnltehed.
AS
DENVER EXTENSION
#
CO.,
Beers, Jr.,
Brooklyn. Stocks,
GAS STOCKS,
WALL STREET.
Geo. H. Prentiss,
2X
KELEHER &
30
23.
BROAD STREET.
OAS STOCKS
A
BPIiCIALTT.
Brookljrn Secnrities Boagbt and Sold
CO.,
Sta.
Stx Per Ct. Gold »inUlng Fund Bonds,
UNITED STATES TRUST CO., TiiDSTKK.
Free of all Taxes, impoiied or to be ijnposed.
Bonds due 1903. Interest payable May 1 and Nov. 1.
These bouds are a direct obligation of the Chicago
Alton Kit., and have a first lien over the Chicago
Kansas City & St. Louis KR.— 102 miles— In Missouri.
They are recommended as a safe and desirable In-
&
vestment.
For sale at par and
BANKERS AND BROKERS,
JE.SUP,
ST. LOUIS.
References.—Messrs. Clark, Dodge & Co., Speyer
Co., New York E. W. Clark & Co., Philadelphia.
&
No.
53
IVAl^TED:
Alabama, Soutli Carolina & Ijonislana
State Bonds;
New Orleans Jackson & Gt. Northern,
inississippl Central, and Mobile
Oc Ohio Railroad Bonds
Citr of Nenr Orleans Bonds.
I.EVY & BORG,
86 WALL STREET.
;
Albert E. Hachfield,
wjlijJj
street,
CO.,
NEW YORK.
AVANTED.
WM.
FOR SAL,E.
New Brunswick 7 per ct. bonds, 1897.
St., N. Y.
R. I1T1.EY, 31 Pine
new tork, G. T.
Bonner &
Co.,
BANKERS AND BROKERS,
DEALS IX
First-Class Investinent SecuHties,
CUT BONDS OF ALL
PATON &
Northern Pacific RR. Preferred ^tock and Bonds.
Oregon Steam Navigation Co. Stock.
Claims on .lay Cooke & (Jo.
Tt'xas raciflc RR. Land Grant Coupon Bonds.
Jefferson. .Maiilsou & Ind. UR. 1st and 2d Mort. Bonds
Sandusky Mansfield & Newark Uli. Bonds.
City, County and Town Hoods of Ohio, Iowa & Wis.
LouUvllie* Nashvi le RH. Stock.
Fort Wayne Jack. & t^aglnaw KR. Bonds.
3
interest-paying Bonds uf Southern Railroads.
Cairo & Fulton R'<. Bonds, all Issues.
Kausas Pacldc Railroad Bonds, all Issues.
Jersey City and
IS
Interest.
WILLI AM STREET.
;
Railroad Bonds and
Boom
CO.,
CHICAGO & ALTON RAILROAD
Defaulted Bonds.
SEVEN PERCENT BONI S
AND CERTIFICATES
ic
H. OGILVIE, Secretary.
Attorneys for Receiver, No. 206 Broadway.
H0LDEK8 OF
C».,
Corner Nassau and Cedar
payable on demand.
WI.VGATE & CULLEW,
&.
Corner Wall and Broad Sts.
No. 20 Broad Street, Netv York.
KINDS,
Southkrn SKorKiTiKs or
AXI. Dkscbiptions.
\r ANTED.
Southern Railroad Bonds, all kinds.
Toledo Logantipprt & Burllnetoa Bonds.
Kansas PaclflcKatlroa-: bonds.
Union & Log»nspori Bonds.
Indiauap&ll8 & Vinceunes Bonds.
WANTED:
*
&
Pike's Peak UK. 1st Mortgage Bonds.
Des Moines RR. Bouds.
Danville Urbana B. & Pekin RR. Bonds.
Mobile & Ohio Railroad Stock.
Atclileon
Keokuk
*.
FOR SALE:
Mobl'c & Ohio Railroad Sterling Bouds,
Toledo & Wabash Equipment Bonds,
l lint » Perc Marquette UK. Cottsol Bonds.
Little
M.aml Kailivad btock.
xmtlt
011tit#
AND
HUNT'S MERCHANTS' MA.GAZ1NB.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES
YOL.
SATURDAY, JULY
27.
CONTENTS
THE CHRONICLE.
Latest
53
54
Monetary and Commercial
Enslieh
News
Commercial
from
B7
and
Miscellaneous
News
56
60
THE BANKERS" GAZETTE.
Honey Market, U.
Qnotatiotis of Stocks and Bonds...
New York Local Securities
iDvestments, and State, City and
S. Securities,
I
Railway Stoclcs, Gold Market.
Foreign Exchsngo. N. Y. City
Banks, Boston Banks, etc
I
I
Corporation Finances
I
THE COMMERCIAL
Commercial Epitome
69
Cotton
(i9
BreadstniTs
74
682.
but a few remonstrants,
not listened to ; an unexampled increase, all
prices-inflation that blinded all
who were
Tndnstrial BcconstnicUon
Keanlta of the Eastern War
RalnfnII and Temperature
February to Juno
NO.
20, 1878.
64
65
66
TIMES.
I
Dry Goods
I
Imports, Receipts and Exports.
Prices Current
...
75
78
'7
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-
most commercial countries, in a speculation
mainly incited by the events transpiring in the United
lapse, in
Considering
States.
depression,
work
it is
all
these together as causes
of
reasonably clear that they had been long
is a broad
and thorough readjustment of the
disordered machinery of production and distribution ;
that this readjustment must be slow, but that, when
completed, the conditions will ba 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-
at
;
that the problem of recuperation
one, requiring broad
JJhe Clxvotxide.
The Commercial
.\nd
day morning, with
Financial Chronicle is issued on Saiurnp to midnight of Friday.
the latest neies
TERMS OF SUBSCRIPTIOM-PAYABLE
For One Year, (including postage
For Six Montiis
Annual subscription in London (incladlne postage)
oo
do
Six raos.
do
IN
ADVANCE:
.$10
20.
6 10.
.,'.
£2
Gs.
1
79.
...
Subdcriptinns will be continued until ordered stopped by a written order, or
at the publtcation offlce. The Publishers cannot be responsible for Remittances
unless made by Drafts or Posi-Oflicc Money Orders.
IiOndon
The London
Office.
of the Chroniclb is at No. 5 .\nstin Friars, Old Broad
Street, where subscriptions will be taken at the prices above named.
office
Advertisements.
Transient advertisements are published at 35 cents per line for each insertion,
but when deflnite orderd are given for five, or more, insertions, a liberal discount is made. No promise of continuous publication in the best pKice can be
given, as all advertisers must have equal opportunities. Special Notices lu
Banking and Financial column 60 cents per Iin=!, each insertion.
wn-LIAM B. IiAUA,
JOHN a. FLOYD, JR.
WILLIAM
I
79
f
&
DANA
B.
& CO., Publishers,
81 William Street,
YORK.
NEW
Post OFricE Box 4.592.
furnished at 50 cents; postage on the same
neat
^^ AVolumes
18
bound for subscribers
$1
of the Commbrcial and Financial Chronicle—
^^ Fortoa complete
date—or of Hunt's Merchants' Maoazine,
inquire
file-cover Is
is
at
cents.
50.
set
Jijly, 18«5.
at the office.
18-39 to lb71,
The Business Department of the Chronicle Is represented
Tiuancial Interests in New York City by Mr. Fred. W. Jones.
among
INDUSTRIAL RECONSTRUCTION.
The time and processes
of indastrial recovery are an
interesting subject, not merely in the present
sonal sense that
when one
is
sick
one
is
and per-
intensely con-
cerned to be well, but because the circumstances are
peculiar.
to be
So peculiar are they that the country seems
passing through more than
a transient and
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
periodical swinging back
;
son, in an article in the current
tional Review,
who
number
of the Interna-
holds that the limit of the fall in
prices has been reached,
and that
pearance of the gold premium
in the practical disap-
we have evidence
that our
normal relations with the world are about restored.
Turning irresistibly back to the end of the war, ho 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 600,000
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-
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 creates its own supply, and
" the material destrudion of war is only to a small extent
" a destruction of capital previously in existence, but
" largely a destruction of capital which might not have
ply, the net result in the
THE CHRONICLE.
54
" been so soon
"
called iuto existence except for the
war
itself."
He
pronounces the
rejil
cause of depression to be the
unnatural distribution of labor, the result of the
war
now by
tion
[Vol.
XXVIL
the fact that he was one of the few
wh
ten years ago, uttered warnings which passed
unheeded
— agrees with us that the beginning of recovery
is
The whole tone
here.
of his article
is
hopeful
;
already
" legis-
and argues that, even if the " lation," he say.«, " may for a time act as a retarding force,
and currency were cured, there can be " but even bad laws can only retard, they cannot pre" until the " vent, general comfort and prosperity in this nation;
restoration of prosperity
and subsequent
events,
faults of taxation
no complete
"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
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
about
five-sixths will
" never before in the history of this nation did the ele" ments of material welfare and prosperity exist in such
" abundance as at the present time, and the blunders of
" legislation can
This
not
is
only defer their
beneficent action."
only approximately,
it
is
literally
and
thoroughly true; the need of frequently stating it is
great, because it is natural to rush from the extreme of
too much conddence to that of too little, and to avoid
by failing to recognize the rettirn of its confew weeks ago we cited some of these confor example, the great improvement of public
prosperity
A
ditions.
ditions;
notwithstanding the drawbacks of bad legislation;
forty minutes to the payment of taxes in the heaviest- the consequent readiness of foreign capital to come here
taxed State; " the quick distribution of labor is the end as soon as we are ready to take it; the increase in the
*'
to be sought, and when that is accomplished, the bug- number of manufactured articles for which, notwith*'bear of excessive taxation will disappear before the standing the disadvantages of transportation, foreign
credit,
of markets are already opened; the vast advantage our
for cheap prosays: " The welfare of a community consists fir less in duction; the economies which have been learned, under
" the amount of accumulated capital it may possess, than pressure, in producing and in living the improvement
"in the quick distribution of its productions; a quick in methods, besides the help given by machinery; the
*'
advancing tide
labor
Redistribution
populations."
of
his idea of industrial reconstruction.
is
Thus he development of machinery now gives us
;
" distribution and an ample
consumption, rather than a vastly increased facilities for internal transportation,
" large accumulation, give evidence of prosperity. The resulting in such low carrying rates as were never known
" 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
and professional men. War, infla" tion, and extravagance, have disturbed and altered all
" these conditions and have caused a false distribution
" of labor; peace is working out only beneficent results,
*' painful as the process may be, and the prospeu-ity that
" must ensue when the new distribution of work and of
"*'
workers has accomplished itself no man can foresee."
To this he adds a suggestion worth noting, namely:
that since the Pacific roads were opened, new conditions
of low cost have been applied to the production of the
*'
turers, merchants,
never before existing in the world.
Railroads go to the very mouths of the mines; grazing
grounds and coal are adjacent and abundant; labor is
precious metals,
also abundant, the protection of law
is
going the same distance, twenty-
We
showing the present demand for railroad grant
lands in the West. This week the government has
figures
a comparative statement of the sales of public
and Nebraska, in
issued
lands in Dakota, Kansas, Minnesota
the
fiscal
years ending June 30, 1877, and June 30, 1878,
as follows
:
Inereaie in
Dakota
Kansas
Minneeota
Nebraska
Grand
ample, and the
—
in
years ago; the decline of gold and the rise in securialso added some railroad
ties in this present year.
Tola', 1877.
¥1,46;,801 73
$«18,373 80
2,067,179 28
710.70) 69
1,356,478 «8
2:9,847 02
761,S5J 10
1,041,203 13
Most of the
$1,243,4-23
JS
t)9
257,407 01
863,268 98
$6,1"U,860 15
$1,466,832 83
$3,721,537 29
6;D,6"5
total
1873.
Total. 1878.
increase in the sales here
shown was dur-
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,
methods of mining and reducing ore
—
in
—
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 diflicult for the artisan and the
have dwelt somewhat at length upon Mr. Atkin- operative to change his or her occupation than it is for
We
son's interesting article, not so
much
for its
own sake
as
because of the importance of the subject of recuperation,
in
its
the
of
recuperative processes
the
repeatedly, not
as
assuming
as
should be
in
out-door labor,
Clearly, all the evidence
a
new
shows that we have reached
makes the
stage in the process of recovery which
AVe have discussed the subject hopeful conclusion
any gift of prophecy,
irresistible.
claiming
either to
say anything
really
new
to name the date of recovery, but because we have
heen all along convinced of the breadth of the process
and the certainty that, after having blindly rushed,
as a people, to our industrial prostration and suffering, we have been since building better than we
knew, and will be gainers in the end.
It is
gratifying to note that so keen an observer as Mr.
-or
Atkinson,
men who have been employed
either of the field, the mine, or the forest.
present relations, and of the great desirability that
nature
•clearly understood.
or
the
who may
surely lay
claim
to
RESULTS OF THE EASTERN WAR.
We have already, in these columns, pointed out the
main features of the new arrangements, brought about
by the Berlin treaty on the one hand and by the secret
treaty of alliance between Great Britain and Turkey on
It is unnecessary to enter again into these
which are being repeated day after day in the
morning and evening newspapers. We desire, on the
considera- present occasion, to consider these new treaty arrange-
the other.
details,
JULV
THE CHRONICLE.
30, 1S78.]
ments rather
as
they bear upon the world generally, and
55
war has been a great gain
to Rassia.
Tho gain
will
generally understood, antagonism
as they promise to contribute to the material interests
be the greater,
of nifinkind.
between her and Great Britain, is to cease. Russia, in
fact, relieved of her cares' and burdens in southern
Europe, has become a great civilizing power in northern
and central Asia.
What is true of Rassia in most of those particulars is
even more emphatically true of Great Britain. To her,
It will,
we
think, be readily admitted that the
resentative nations in this great struggle,
two rep-
now apparently
happily ended, were Russia and Great Ikitain.
It is true
that in the severe and protracted contest on the field of
actual warfare. Great Britain did not find it necessary to
if,
as
is
however, on that as well as to Russia, the Eastern question is practically
settled,
She took no part in the war, yet she has
reaped
the
consent
the
largest share of the spoils.
The new treaties
without
and
possible
vanquished
was
the
approval of the British Qovernmont. It will also, wo reveal her influence and indicate the character of her
Her prestige, which was thought to be
think, be readily admitted that, so far at least as Asia future policy.
is concerned, these two nations represent, more than any waning, has been restored and re-established; and she
others, the aggressive spirit of European civilization. has resumed her proper place in the front rank of the
draw the sword.
It is
not the
less true,
account, that no final settlement between the victor and
Before the late war, each of those powers had a firm
hold on the Asiatic continent the one on the south, the
other on the north. If it is desirable that the young,
healthful, vigorous civilization of the West should supplant the aged and effete civilization of the East, it will
be admitted to be the very reverse of desirable that the
forces represented by Russia and Great Britain should
cease to operate in the direction of Asia, or that they
should become mutually destructive. All the interests
of civilization and of progress seem to combine to
render it a necessity that this two-fold pressure
on the Asiatic continent on parallel, not opposing, lines,
should continue, until
those vast populations are
brought into sympathy and harmony with the modern
world. Strange as it may seem, the results of the war
and the treaty arrangements which have been entered
into, have been precisely of such a nature as to give
greater strength, a larger freedom of action, more concentration of purpose to both Russia and Great Britain,
in their similar but separate missions of civilization in
—
•
Asia.
great nations.
Ilcr voice in the councils of the nations
It will
henceforward be more powerful than ever.
be all the more powerful that it will be raised in the
interests of peace and to advance the general good. Iler
influence, it may be taken for granted, will be exerted to
preserve the peace of Europe. For the present, certain outstanding questions will have to remain as they
are
and we are likely, for some time to come, to
hear much about the rectification of frontiers or the
This new departure will
unification of nationalities.
increase the influence of Great Britain, not only in
will
;
It will greatly
Europe, but the wide world over.
strengthen her hold upon her numerous colonies and her
vast dependencies.
will that increased
For the
In no part of the British dominions
influence be
more
felt
than in India.
time since the establishment of British rule
in that country, the native Indian has reason to feel that
his interests are not different from those of the British
first
Lord Beaconsfield, a few years ago, spoke of
become more an Asiatic than a European power. Such is no longer the language of poetry-
subject.
England
as having
That such is the case can easily be shown. Turkey It is the statement of a fact. Mistress of the Mediterhas practically ceased to be a cause of trouble to Europe. ranean, with a firm hold on Asia Minor, and in full posShe is not utterly wiped out; but she is so shorn of her session of the Euphrates valley, the ancient seat of
dimensions, and so held in restraint where the shadow of
her authority remains, that, if the Christians in the
provinces complain of cruelty and injustice, it will no
longer be her fault, but the fault of the new
Christian rulers.
It may,
in fact, be taken for
granted that the Eastern question, at least in the
sense in which we have hitherto known it, is dead.
empire, and capable of being converted into another
great highway to India, Great Britain has become the
Asiatic powers ; and in the East
henceforward she must put forth her strength and seek
greatest of all the
expansion.
It is not possible but that the new state of things brought
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
victory which Russia has won. If she has not been able take it for granted that a permanent peace has been estabto maintain intact the treaty of San Stefano, if she has lished.
This is the avowed object of both the treaties.
been somewhat checked in her ambitious designs south Peace is the first and most important condi.ion of genof the Danube, she can at least claim that she has ac- eral prosperity. It gives confidence and encourages
complished the great purpose for which she undertook enterprise. Not 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 valley he has
will not fail, in the great future, to do her justice for the i-eally opened up to the wealth and enterprise of Europe
great effort she has made, and the greater sacrifices she and the world what may be called a new continent. In
has endured, in the accomplishment of her task. But that great valley, where once stood Nineveh and Babythe work is now done; and she is but little likely again lon, and where were once boundless wealth and teeming
to have her energies wasted in similar struggles south populations, there is now barrenness and desolation.
of the Danube. The treaty of Berlin, in fact, shuts her But the great
of
wealth,
source
river,
the
off from all hope of aggrandizement on the continent of still
rolls
on its mighty waters; and it is necEurope; and her tacit acquiescence in the separate essary only to turn those waters on the arid soil to
treaty entered into by England and Turkey, leaves us make that land of desolation a fruitful and smiling
to infer that her strength henceforth is to be spent in
developing the resources of her already vast European
garden.
and in consolidating her conquests and extending her influence in northern Asia. la this respect the
more and more under British control, and with this new
highway to India opened up, the wealth of the East will
territory,
If capable of sustaining great cities once, it is
capable of sustaining great cities now. With Egypt
—
..
THE CHRONICLE.
56
things considered, there
be developed as it has never been developed before.
Pressed upon 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
the presumption that
is
We now bring down
our table of
the
all
'
These figures
Southern States to the close of June.
from the Signal Service Bureau; in
rainfall, &c., in the
where the Government has a
all cases,
are
—
great activity, but also of great prosperity to
RAINFALL AND TEMPERATURE FROM FEBRUARY TO JUNE.
are in
we
entering upon an era which shall witness some of the
grandest triumphs of Western civilization an era of
Ail nations.
nations.
the
enrich
wealth will
her developed
[Vol. XXVII.
station, obtained
own
they are the records of our own instruments, kept by our
data will be found in our cotton department.
correspondents for
FEBRUARY.
MARCH.
APRIL.
1878. 1877. 1876. 1875,
1878. 1877. 1876. 1875
1878. 1877. 1876. 1875,
all
other cases,
Some deductions from
us.
MAY.
these
JUNE.
stations.
Norfolk —
2-06
Eaiiif all— Inches
Niunber days of rain.. 12
Thermometer— Higli'st 70-0
1-47
5
Av'age.i 44'2
430
"
"
660
Lowest 29-0 270
WlOllNGTON—
4-57 1-65
8
6
Thei-mometer— High'st 71-0
"
Lowest. 31-0 t43-0
"
AT'age. 51-2 481
Rainfall—Inches
Number days of rain.
Charleston-
53-8
4-10
9
73-0
19-0
46-5
8-09
77-0
29-5
47-4
1-97
2-33
4-52
9
78-0
5
84-0
12
150
340 (500
45-9
59-3
53-4
4-27
7-86
2-.54
12
74-0
32-0
56-8
11
76-0
28-0
56-6
10
15
620
5-98
11
79-0
31-0
56-0
81-0
25-0
54-8
76-0
33-0
55-4
2-95
1-21
10
9
78-0
30-0
3-96
11
73-0
19-0
45-0
9-0
37-9
304
10
77-0
24-0
51-1
760
6
10
7H-()
Lowest. 32-0
Av'age. 52-2
35-0
51-7
310
54-6
73-0
28-0
49-2
1-94
8
83-0
41-0
62-4
2-24
4-30
7
2-98
5-17
0-75
12
9
7
85-0
33-0
2-96
8
2-43
Augusta—
Rainfall— Inches
Number days of rata.
10
Thermometer— High'st 71-0 73-0 78-0 78-0
"
"
4-50
2-84
4-42
13
11
2-29
8
9-98
2"72
2*24
6-01
11
17
14
12
16
86-0
83-5
890
55-3
80-0
27-0
52-2
44-0
66-2
890 950
430 380 45-0
631 65-7 65-2
19
740
260
42
46-7
601
83-0
38-0
55-0
4-54
4-55
2-41
6-61
2-82
3-92
4-80
2-36
3-44
11
75-0
22-0
52-6
19
8
87-0
38
10
9
60-8
11
89-0
28-0
58-5
10
54-4
7
11
87-0 ....
40-0 t490
63-8 601
6-37
9-08
5-00 4-93
4-56
370
96-0
Lowest. 29-0
Av'age. 49-8
32-0
49-5
25-0
52-3
22-0
46-9
2-97
Rainfall— Inches
Number days of rain.. 6
75-0
280
2-17
5-37
6-92
;i-60
5-35
4
9
74-0
7
3
75-0
31-0
66-0
7
1
16
10
12
9
10
730
84-0
46-0
67-3
85-0
43-0
63-0
83-0
46-0
64-3
82-0
2-37
8
89-0
45-0
67-3
5-63
4-72
8
85-0
42-0
63-9
35-0
57-1
2-96 11-88
ATLANTA—
16-0
51-0
67-0
14-0
46-0
2-21
3-50
9
9
80-0
30-0
66-0
31-0
56-0
71-6
Lowest 31-0
Av'age 53-9
950
43-0
68-9
2-84
8
900
t470 380 430
93-0
,.
15
85-0
42-0
64-1
6-32
8
94-0
53-0
74-1
390
60-8
4-71
64-5
67-5
68-4
2-71
3-77
8-51
9
10
10
900
88-0
47-0
71-4
86-0
50-0
71-7
1-97
12
95-0
43-0
72-1
1-10
6
91-0
49-0
5-00
86-0
46-0
75-0
1-84
5
92-0
50-0
77-0
2-25
3-20
9
94-0
50-0
74-0
12
90-0
54-0
4-45
50-0
68-8
3-63
9
100-0
52-0
75-3
10
83-0
35-0
60-9
3-15
6
84-0
43-0
64-0
80-0
46-0
B7-0
6-01
7
80-0
42-0
66-0
4-79
70-0
24-0
56-0
5-91 10-27
11-0
6
74-0 76-0
22-0 32-0
55-0 56-0
78-0
32-0
65-0
94
4-25
2-71
6-S8
600
K-H2
5-74
9
12
14
79-0
31-0
58-5
80-0
30-0
58-7
9
86-0
390
7
88-0
47-0
69-4
420 46
65-1
66-7
5-11
8
84-0
40-0
63-5
1-11
12
4-62
8
80-0
46-0
68-0
7-96
8
80-0
46-0
05-0
9-19
3-47
8
80-0
40-0
3-28
5
93-0
65-0
75-0
8-14
13
1-lS
8
94-0
42-0
70-2
0-95
6
88-0
46-0
76-0
2-25
3
7
40-0
72-3
1
35-0
52-5
29-0
56-5
3-99
8
65-0
37-0
49-0
2-42
5-.57
5
73-0
8
620
22-0
52-0
22-0
49-0
1-47
8
84-0
38-0
63-9
6
High'st 73-0
Lowest 27-0
Av'age 500
50-7
81-0
.59-2
85-0
1-75 10-17 7-90 14-44
2
12
7
i»
78-0 70-0 78-0 70-0
34-0 35-0 26-0 32-0
64-0 55-0 50-0 57-0
1
7
82-0
44-0
64-0
Jacksonville—
Lowest 320
Av'age 56-7
Saint Marks—
Rainfall— Inches
Number days of rain
8-93
83-0
36-0
60-2
82-0
1-41
3-32
15
77-0
30-0
56-7
12
5-41
2-S7
8
86-0
39-0
65-4
320
55-4
1-80
5-38
030
.
7-89
....
82-0
31-0
60-9
85-6
39-0
64-0
87-0
50-0
71-3
2-98
88-0
80-6
44-0
66-6
8-63
8
7-31
7-65
13
6
84-0
47-0
68-2
47-CI
68-8
8-65
8
82-0
34-0
61-9
77-0
28-0
53-1
....
....
....
....
770
78-0
36-0
61-5
32-0
56-9
5-11
5
86-0
43-0
65-6
5-98
6
80-0
37-0
62-6
of rain..
2-59
2-68
5-07
7-86
7
8
12
16
2-64
8
83-5
37-5
Thermometer— High'st 73-0 68-0 78-0 78-5
Lowest 29-0 31-5 24-0 22-0
Av'age 50-2 52-3 54-5 49-6
63-1
i
7-17
9
1
70-0
27-0
55-3
9
77-0
28-0
54-6
78-5
34-5
57-4
5-91 10-36,10-99 3-54
16
9
9
8
88-0 82-0 89-0 86-0
45-5 46-5 45-0 39
67-8 64-4 65-4 62-6
8-01
8-39
4-09
8-40
3-88
9
76-0
31-0
55-8
13
78-0
37-0
60-2
10
11
10
86-0
50-0
69-7
830
82-0
42-0
66-2
1-51
4-79
6
14
7-33 11-56
16
5-47 10-31
12
12
90-0 100-0
64-0 63-0
78-4 80-2
14-98
11
97-0
66-0
79-9
3-15
6-59
«
95-0
61-0
78-2
6-67
1
7-96
10
14
90-0
58-0 tl8-2
77-5 81-7
97-5
62-0
78-7
97-0
58-0
4-07
9
3-25
92
93-0
62-0
80-0
14
78-4
5-47
10
4-58
8
93-0
63-0
10
600
-71-3
83-0
6-99
8-52 18-80 4-10
1
13
14
20
93-0
65-0
72-9 178-9
990
99-0
65-0
80-6
79-4
4-83
5
95-0
64-0
80-0
7-16
8
95-0
63-0
82-0
4-81
3-62
730
3-68
5
96-0
56-0
76-0
11
96-0
64-0
80-0
8
98-0
62-0
82-0
4-17
5-41
99-0
66-0
81-4
990
i
59-0
81-3
6
99-0
630
7
88-0
46-0
1-52
8
98-5
55-0
78-2
1-86
9-08
5-03
95-0
54-0
76-0
940
90-0
66-0
80-4
2-41
1f>S
3-25
7-24
9
94-0
6
9
92-0
53-0
73-7
13
11
52-0
74-9
1
1
....
62-0
80-2
920
47-0
73-6
94-0
63-0
78-0
73-8
....
406
0-82
3
94-0
48-0
72-0
6-55
14
7
92-5
46-5
73-5
98-0
51-0
74-5
5-85
8
95-0
63-0
79-5
1-68
4-33
1-46
0-60
3
94-0
51-0
72-8
6
89-0
48-0
70-0
5
91-0
56-0
75-3
1-67
....
2-94
11-56 5-73
11
9
98-0 9662-0 600
79-7 78-6
4-85
1-94
13
10
14
99-5
57-0
80-8
99-0
61-0
79-6
99-5
61-5
80-7
7-07 3-35
16
9
7
95-0 100-0 98-0
67-5 62-0 63-0
81-fi 82-8 •80-3
2-45
8
95-0
63-0
80-8
1
3-40
8
Thermometer— High'st 70-0
"
Lowest 30-0
"
Av'age .52-3
Rainfall— Inches
Number days of rain.
1-40
5
72-0
35-0
53-4
.
1
4-32
11
75-0
280
55-3
4-33
7-15
9
74-0
28-0
50-9
— Inches
5-94
9
76-0
33-0
57-5
9
83-0
42-0
64-5
1
49-0
65-9
7-51
6
77-0
41-0
63-2
4-90
9
980
'
55-5
75-3
1
1
I
*
New Orleans—
1
0-98
8
3-.50
Number days of rain.. 6
Thermometer- High'st 72-0
8-20 13-85
16
9
78-0
36-0
77-0
32-5
55-9
Lowest 37-0 1.30-6
Av'age 55-5 55-9 59
Fayette, Miss-
4-94 11-32
11
7
10
82-0 .... 79-0
46-0 138-0 36-5
66-4 60-7 59-9
4-63
1
10-84
15
79-0
38-0
63-5
84-0
50-0 t25-0
71-5 68-6
1
6-41
8
82-5
53-5
69-1
8-05
8
79-5
49-5
65-3
8-11
1-48
9
8
890
60-0 136-0
75-5 73-5
7-10
6-40 12-10'
8
S
78-0 73-0
24-0 22-0
53-1 48-5
VICKSUUKO
7-35
2-53
8
88-5
15
86-0
54-0
74-8
2-75
8
6-20
14
16
92-0 ....
71-0 127-0
82-0 81-3
93-5
68-0
80-6
92-0
7-60
11
89-0
64-0
2-40
8
92-0
03-0
75-1
7-.50
75-1
8-90
9
90-0
58-0
76-7
1-74
405
14
65
76-2
4-92
680
80-1
f
I
2-70 310
Rainfall— Inches
Number days of rain.. 6
6
Thermometer- High'st 70-0 70-0
"
Lowest 27-0 28-0
"
Av'age 48-3 49-3
5-06
4
81-0
38-0
62-1
7-20 12-50 6-10
8
10
9
77-0 77-0 80-0
31-0 26-0 32-0
56-5 53-5 57-1
7-90 10-30 5-10
4
9
5
84-0 80-0 82-0
44-0 46-0 450
66-2 62-4 64-2
4-30
800
400
591
7
4
10
900
7
88-0
52-0
70-2
85-0
47-0
1
88-0
54-0
70-1
4-83 11-21 14-51
12
14
17
79-0 81-0 78-0
29-0 27-0 33-0
57.0 \4,.<. .•>w.l
7-13
8-88
4-89
0-60
6-24
1-69
8-81
3-76
16
79
5-07
8
4-57
10
6
4
12
11
7
12
93-0
49-0
73-9
95-0
46-0
72-9
89-5
49-0
72-8
94-0
51-0
74-6
15
95-0
62-0
78-4
13
830
97-0
59-0
79-4
97-0
98-0
60-0
80-5
1
9
4-20
2-50
47-0
69-6
5-80
69
3-90
10
93-0
61-0
76-1
1
2-49
Rainfall— Inches
Number days of rain.. 8
3-26
5-18
7-01
12
8
13
4
21-0
85-0
43-0
.50-(i
65-1
Thermometer— Higli'st 71-0 73-0 77-0 76-0
"
1-00
2
92-0
49-0
72-0
7
94-0
52-0
74-6
1
MOBILB—
*'
700
530
1
Rainfall— Inches
"
,
8
Montgomery—
'
91-0
58-0
74-2
,
....
....
....
....
....
I
.
1
Rainfall
12
99-0
53-0
76-6
13
i
3-07
8
71-0
Thermometer— High'st
"
Lowest 29-0
"
Av'age 52-6
"
it
t39-0
72-8 76-5
1
305
5-32
Rainfall— Inches
Number days of rain.. 10
Thermometer—High'st 74-0
"
7-48 12-44 11-7
910
520
1
3-.50
of rain..
Thermometer—
Number days
4-33
11
3-41
73
10
2-04
8
94-0
48-0
7
98-0
56-0
76-9
Columbus, Ga.—
Rainfall —Inches
"
5 09 1-38
6
8
100-0
98-5
990
59-0 53-0 570
75-5 78-1 74-9
1
Thermometer -High'st 75-0 72-0 80-0
*'
17
560
Savannah—
2-25 1-71
EainfaU-Inohes
7
Number days of rain.. 11
"
4-79
15
97-0
1
Thermometer— High'st 590
"
Lowest 25-0
"
Av'age 49-0
Number days
5'13
1
Thermometer— High'st 67-0 70-0
"
16
i
3-15
Rainfall— Inches
Number days of rain.. 12
"
4-85
1878. 1877. 1876. 1875. 1878. 1877. 1876. 1875
Lowest 32-0
Av'age 51-3
1
31-0
51-8
1
24-0
55-4
5-24
t
80-0
490
1
68-0
Range,
47-0
641
10
85-0
47-0
66-0
43-0
61-8
1
i
630
79-4
...
July
THE CHRONICLE.
20, 1878.]
MARCH.
FEBRUARY.
57
MAT.
APRIL.
etntlona.
1878. 1877. 1876. 1875. 1878. 1877. 1876. 1875. 1878. 1877. 1870. 1875. 1878. 1877. 1876. 1875
lb78. 1877. 1876. 1876.
WIIRKVEroHT—
RiilnfiiU— IncUcK
a-fl?
2-48
7
4
'*
I>oweat
"
Av'a«o
6-70
7
2'67
2-68
8
U
7«-0
Nashtillk—
1
?.^^
Rainfall -Inolics
I
on 2:12
I,iTTi.i!
Rock—
9
450
4(!-2
i
38-2
504
5-42
5-83
7
10
10
704
3-46
11
90-0
.300
63-0
830 880
440 480 470
600 65-0 070
88-0
1
6-88
16
14
9
13
830
300
63-3
80-0
37-0
60-5
80-0
49-1
80-0
38-0
59-2
10-33 13-25 5-10
12
7
6
820 73-0 740
400 54-0 r,oo
640 60-0 03-0
....
....
4-95
10
12
56-2
47-4
46-6
0-23
4-46
U05
7
4
9
1
.••
4
840 870 560
220 260 42-0 ••
Av'UKe 510 550, 4!)0l ....
•
1
2-86
6-70 8-14
11
15
760 740
780
310 ihho 140 240
3-48
I
1-61
4
.5
16
1-24
9
91-0
53-0
73-9
8
030
1
47-0
74-0
9-47
0-01
7-65
12
5
13
94
90-0 101-0
47-0 48-0
73-0 75-0
660
79-0
2-55
2-08
14
'
1
1
1-70
10
06-0
55-0
80-0
95-0 T»46 10 59-0
7»-() H3-0
«02
5-76
1
B-Ofl
I
I
208 210
naiiifiill— Inches
NiiiniiiM(la.vaof rain..
Tlicimouioter - Hlgh'st
"
Lowest
14
1
90
25-0
13
1
5
12
Number ilnys of rain.. 12
5
TbcrmoiufUT— HiKli'Ht G70 660 730 750
Lowest 25-0
Av'ago 43-4
404
3-87 11-67
870 830 790 890
450 310 260 270
04-5 580 540 570
720 800
280 350 240 330
50-4 520 550 500
Tbcnuoiuoter— Uiirh'it 71-0
"
jxnis.
1
....
830 800 630
360 210 630
600 560 510
9-47
4-25
2-33
4-94
11
90-0
2-03
800
420 400
1
70-3
08-3
1
....
....
4.'>-0
4-70
8
75-0
69-0
(19-0
68-0
710
3-66
1-81
8-49
14
8
1-25
5
16
92-0
41-0 t54-0
69-2 67-3
255
56-3
10
1
1
3-23
15
14
940
5-63
13
92-0
53-0
76-9
14
04-0
580
52-0 t47-0
73-4 77-0
76-5
1
1
0-70
4
91-0
8-09
7
88-0
48-0
....
....
1
5-45 10-85 3-89
15
10
7
87-0
59-0
95-0
52-0
77-0
84-0
72-0
76-0
740
!
'"~
MEHIMIIS—
1
(
5-08
RnlnfiiU— Inches
Number diirs of
1
1
1-54
1-33
.1-34
13
rain
11
9
4
Tliermomoter— Hlgh'st 69-0 67-0 75-0 72-0
"
Lowest 30-0 30-0 170 13-0
Av'agc 45-4 461 48-6 40-2
.
4-21
10
17
1 1
1
Qalvkston—
-03 8-60
19
14
800 790
38-0 230
1
59-7
50-0
1
17
6
10
80-0
810
350
59-3
83-0
44-0
63-2
3-50
3
8-36
2-63
9
850
530
82-0
54-0
68-8
6
84-0
55-0
69-7
2-55
8
80-0
48-0
65-9
14
79-0 83-0
26-0 44-0
50-6' 65-2
400
910 920
57-7
9
WH-0
48-0
70-9
4-21
5-47 18-16 2-70
14
12
17
13
91-0 94
94-0 970
44-0 .580 55-0 580
68-6 176-4 77-8 77-1
46-0
71-3
44
3-90
76-7
1-80 10-27 1-50
5
8
4
91-0 89-0 91-0
39-0 54-0 62-0
74-8 76-1 77-0
5-39
11
2-20
5
70-5
2-72
6
930
350
791
1
2-94
103
1-35
5-94
3-61
10
3
740
74-0
800
Lowest 38-0 460 35-0 350
Av'SKC 56-3 56-2 GOO 55-3
52-0
66-2
5
75-0
39-0
9
76-0
36-0
61-0
9
78-0
34-0
1-12
Number iluj-s of rain
4
5
Thermometer— Illgh'et 71-0 68
.
'
62-1
62-1
71-7
INDUNOI-A—
1
r
303
1-58
1-89
6
Thermomotor— HigU'st 73-0
"
Lowest 4ro
"
AVage 37-0
7
72-0
9
8
79-0
33-0
80-0
33-0
56-4
RaUifall— Inchc?
Number (lavs
3-48
11-93 13-90 4-51
78-0
lH-0
47-4
4-79
8
3-88
RaiDfall— Inches
"
3-80
of rain..
450
57-0
2-23
600
3-52
1-64
4
6
5-86
6
1-02
870
800
80-0
52-0 t28-0
67-9 03-1)
41-0
370
62-9
63-4
90-0
31-0 t21-0
73-0 701
4-81
12
7
87-0
41-0 too-o
64-1 58-1
3-61
2-33
11
86-0
2-92
11
90-0
24-0
420
0-80 12-87
1-82
2-74
2-51
3
10
6
11
89-0
65
1
2-68
8
92-0
64-0
81-5
2-63
11
0-89
940
700
82-2
97-0
72-0
83-5
4-81
1-lf)
0-35
8
9
tis-o
940
700
83-6
81-0
82-5
4-56
309
10
8
12
0-32
1-45
3
87-0
89-0
2-70
11
98-0
4
900
620
t26-6
77-7 75-3
380 390
69-4
6
82
32-0
66-4
75-5
76-3
3-96
2-26
5-73
4-75
4-.56
203
5-42
3
8
9
12
12
9
14
97
310
5
1
2-51
0-32
2
85-0
3-47
93-0
72-0
83-5
63
1
3
93-(>
71-0
82.2
1
.
COBSICANA—
Rainfall— Inches
2-85
6-84
1-84
0-76
1-52
Number clays of
niln.
5
3
9
10
Thei-mometcr— HIgh'st 760 72-0 78-0 79
"
Lowest 27-0 360 24-0 190
"
Av'age 51-3 51-3 53-1 49-5
1
1
9
81-0
23-0
33-9
.55-8
6-01
14
930 950 930
500 470 430 43-0
731 71-3 71-8 72-9
900 87-0
4 10 330
670 61-3
t32-0
68-9 63-3
93-0
0-79
2
960 99
5<)-0 580
64-0
79-1
78-6
77-3
102-
57-0
79-5
1
Dallas—
Rainfall— Inches...
..
2-05 '2-77
3-05
1
.. ..
il
....
t
—We are
6-05
3-83
0-84
1
1
.
...
II
400
1
4-35
0-83
.. ..
1
7-95
1
2-60
1
3-51
1
....
Range.
is so quiet any advance in the price of money will
be difficult to maintain and when we bear in mind that the supHis conservative business habits and former experience in financial ply of bullion held by the Bank of France is as much as £86,000,000, and that the rate of discount in Paris is only 8 per cent, two
affairs, together with his acknowledged integrity and excellence
powerful reasons exist against dearer money in this country.
of character, make his accession at this juncture to the ranks of Latterly, indeed, for the last two years, the French have been
Booth
greatly pleased to see tUe election of William A.
to the Presidency of the
Third Xational Bank of this
bank otHcers particularly agreeable
to
them and welcome
to the
;
bills, and the increased profit now obtainan additional reason for a continuance of the operations
which have been in progress. This week, large quantities of the
usual sorts of paper have been purchased on Paris account, and
well-known that a large proportion of the last issue of
it is
Treasury Bills has been taken by French houses. A 3 per cent
rate in Paris and a 3} per cent rate in London are an anomaly, and
the money market has already assumed a somewhat perples'.ng
condition.
The large demand for bills for Paris has forced the
outside rate of discount in some quarters down to 2}, and 2 J to 2f
per cent is a very current quotation for choice paper but in other
quarters there is a reluctance to do business except at 3 to 3 J per
cent, and it will probably be some days before the market settles
large takers of sterling
able
people.
^0 uctitrgf Co tumgvctal guglisTt ^tms
LFrom oar own correBpondent.1
London. Saturdav, July 0, 1878.
The'directors of the Bank of England have decided this week
to increase their rate of discount to 3^ per cent.
The movement
was somewhat unexpected, but the state of the Bank account
change. It was well-known that, in order to pay for
securities purchased in Paris, a large amount of gold wou'd have
to be remitted to that city, and the daily returns published by
the Bank of England showed that, during the week embraced in
the last financial statement, as much as £705,000 had been sent
away, making in two weeks a sum of about £1,600,000. It is not
surprising, therefore, that rates have been raised from a
low point to a bigjier; but the money market has now assumed a
peculiar phase which is difficult to define.
We met the German
demand for gold, but were left with large supplies of silver,
which were sold at low prices for India. The present demand
has been, however, to pay for securities, and, instead of holding a commodity liable to depreciation, we have obtained a security which is believed to be an improving security, and which is
justifies the
Up to the present time, the speculation in
Egyptian stocks has been very profitable, and if it be true that
Egypt, honestly administered, is fully capable of meeting all its
obligations, the value of the stocks of that country are still at a
low price. The demand for gold cannot be regarded, therefore,
readily convertible.
as an adverse feature.
What we buy, we must pay for, and that
bag been the recent cause of disturbance; but if the securities we
have purchased are salable at a profit, the country must be all
the richer for it for not only have speculators profited by it, but
the many holders of Egyptian bonds throughout the country
;
have had their
money
long as trade
city.
capital increased.
The mercantile demand
for
however, upon a very limited s-ale, trade, not.
withstanding some improvement has lately taken place, especially
in wool, being still very unsatisfactory.
It is contended that as
is
still,
is
;
down
and regular quotations. The course of the market
course be regulated by the state of the demand for gold
for export purposes. It was expected in the early part of the
to steady
will of
week
that the demand, as far as Paris
was concerned, would
ter-
minate as soon as the monthly " liquidation" at Paris had been
completed and the supposition has proved to be correct.
Yesterday, £100,000 in sovereigns were withdrawn from the Bank for
Portugal but this was not not an exchange operation. In fact,
the tendency of the exchanges has become more favorable, and
should the demand for gold for export cease, the only cause
directing an upward movement in the rates of discount will have
been removed. It is necessary, however, to bear in mind that
there has not as yet been the customary increase this summer id
the resources of the Bank of England. On the contrary, there
has been a diminution, and the probability is that when the
autumnal demand for money sets in, the position of the Bank
will be below the average strength.
Now that peace is regarded
as certain, there should be more vitality la trade and general
enterprise.
There are already indications of such a change, and
more money will be required; but our cereal imports, in the
approaching season, will cost us less, as we shall be able to
obtain the large supplies of produce we require at a coasiderablyreduced cost. Taken as a whole, the probabilities are in favor of
dearer money, not immediately, but in the autumn, when business of all kinds is likely to assume larger proportions.
;
;
:
:
:
:
THE CHRONICLE.
58
The demand for money for mercantile purposes, during the
week, has been very moderate, and the quotations are now as
follows;
Fer cent.
Bank
|
3X1
rate
Open-market rates
SOandeOdiys'blUB
I
4and
2^a3!4
i^<3iiX
Sigpntbs'bllls
Per cem.
Open-market rates
4 mouths' bank bills
6 months' bank bills
The
The
@3>i
The rates of interest allowed by the joint-stock bank? and
discount houses for deposits are subjoined
Per ct.
:
of
sale
India
receiving about 70 per cent of the
i^^di'i
8 montlia' tradebills. 3
[Vol. XXVIl.
council
amounted
bills
to
£338,100, which included .£28,100 not allotted in the previous
week. Only Is. 8 1-lGd. the rupee was obtained, applicants
2V®3
I
weekly
—
:
amount tendered
for.
joint-stock banks and discount houses have been declaring
The following have been announced:
their dividends this week.
London & Westminster, ? per cent for the half-year, bting the
SRme as in 1877 the rtserve fund will be increased from .£85i,000 to £914,000 Union Bank of London, 7i per cent for the halfyear, cirrying forward £10,000, same as in 1877; Alliance, rate of
6 per cent per annum, same as in 1877 National Discount Company, 12 per cent, against 10 per cent City of Glasgow Bink, rate
of 12 per cent North and South Wales Bank, rate of 17i per cent
City Bank, rate of 10 per cent Birmingham Banking Company,
Merchants' Bank of Canada, rate of 7 per
rate of 15 per cent
cent Consolidated Bank, rate of 10 per cent Lancashire & Yorkshire Bank, rate of 8 per cent Liadon Joint-Stock Bank, rate of
Colonial Bank, rate of 14 per cent Northwestern
15 per cent
;
;
Joint-stocK banks
214
Discount houses at call
Discount nouses with 7 days' notice
Discount houses with 14 days' noi.ice
2^
2Ji
2=12
;
;
Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of Consols,
;
;
the average quotation for English wheat, the price of Middling
Mule twist, fair second quality, and
the Bankers' Clearing House return, compared with the four
Upland
cotton, of No. 40'b
;
;
;
;
previous years
1875.
1574.
Circulation, inrlMding
£
bank post bi.Is
?7,64J,24I
Public deposits
5,427,SS0
Other deposits
l:i,984,.M0
1876.
1877.
;
187S.
E
£
£
£
28,9i0.718
S8,7!a,183
8 71,6,333
29.0t0,619
5,727,634
28,'85,719
5,n9,414
2.i,'83,745
7,5 •,9,039
21,54\'43
14.871,418
20,i36,837
2i,2;0,93J
15,399,705
15,o99,705
24,8:)<,t;«l
14,212.332
18,468,801
14,981,3il
80,129,201
15,!ni\Iii
2!,C01,8J5
10,980,731
13,208,883
16,78!,842
13,174,0:0
9,031,692
33,;55,856
26,735,423
SO,190,69J
26,918,310
22,603,217
Bank-rate
SJf p. c.
Consols
Hi%
English wlieat.av price
60s. Sd.
Mid. TTpland colon,..
8Xd.
No. 40'8 mule twist,fair
2dquality
Is. O^d.
Clearing House return. 116,(i6ro00
3 p. c.
Government feciirities.
Oiher securiiies
Reserve of notes and
coin
Coin
and bullion in
both departments
PropiTi.'on
(
i
,
. ,
reserve
52-08
to Uabililies
3
<)i}i
42-63
iH
p, c.
30 94
ax
P, c.
93J,'
4is. 6d,
48s. lOd.
7}id.
11^'d.
p.
c.
x'5'A
94>tf
6 l-ied.
62s. bd.
6 5-lSd.
6 3-lGd.
lid.
10>id.
f'/id.
;d.
46!!.
ll-2,788,t03 1-?1.813,'.C0 l-25,73!,UOO 141,379.UO0
The export of gold has already been referred to, and the
demand seems now to have ceased. For silver, the market has
been very dull. The Indian cxchang-es have further declined,
and the price of bar silver is now only 53 5-16J. per ounce.
During the past six months, the highest price has been 55id.,
and the lowest iSJd. at the end of June. Mexican dollars have
been sold at .52d., being the lowest price this year. The highest
price realized this year was 54d.— in February last.
The follow-
;
—
Annexed are the
GOLD.
per oz. standard.
per oz, standard.
per oz., nominal.
per oz.
per oz.
per oz.
s
7t
73
@
@
6
s
'.6
iX@
76
3X(a
d.
per oz. standard, last price.
grs. Gold.. .per oz. standard. 1 st price.
per cz., last price
"4
9
.. ..
those of Saturday last
Redm.
Consols
United Stales 6'
Do
Do
Do
Do
Do
Do
d.
a
I
2
mark't.
I
I
sn
Amsterdam
3X
Berlin
4
Hamburg
4
Frankfort
Leipzig
Genoa....
Geneva
Messrs. Pizley
rate,
p. c.
|
p. c.
2
Vienna and Trieste.
Madrid, Cadiz and Bar.
.
celona
a>4
mark't.
p. c.
4
New York
4
Calcutta
4
5
314
Copenhagen
5
C@3
6@8
®5
4
3!4(a4X
.
.
ix
3X
&
Abell have issued the following particulars,
relating to the imports and exports of gold and silver daring the
first sis months in each of the last four years:
eOLD,
1875.
Imports
Exports
1876.
1877,
£:2,957,716
£10,131,361
£7050,198
1878,
£7,4-J2 9.i2
7,661.456
4,'.79,191
10,835,473
P,'i28,853
The imports of gold from Australia and the United Stales, for
the same periods, are also given as follows
:
1875,
Australia
United States
1876.
£-;,092.600
2,e42,03J
£1,134,210
6,19?,C00
1877.
£2,9-27,832
1,678,196
1S78.
£i,M O.OOO
741,990
6ILTEB.
Imports
Exports
The
total
January
1875.
£t,i)57,S24
£5,la7.7-2
£10,306,562
1S7S.
£7,197,(;32
4,-i53,580
4,951,923
9,099,593
7,1184,619
18:6.
1377.
shipments from San Francisco
from
to China,
1st
to 30lh June, are .€1,071,000.
Messrs. Pixley also give the lollowing statement of the weekly
prices of bar silver for six months ending 30th June, 1878
:
P"r Ounce,
Standard.
„
J«n-
.
«
Per Onnce,
63X
6.3X
SoJi«.54
9
1«
S?
6'%mi%
s:
r3ji@,54
63>J
Feb.
Standard,
d.
March
MJi
7
14
21
64J(®54J,'
la
April 4
May
a.
May
51va64K
S4X
BlJ*
11
17.
84..
2..
.
u'.'.'.V.'.n'^M x-u
21 .. ,. tAziniti
98
66 ®£5i<
Per Ounce,
Standard.
<*
funded,
4X8
4a
Louisiana Levee, 8s
68
54
54
M
53«
June
9...
15,.
22...
29...
5...
12 ..
19...
26...
53>i
.
53'/,
.
53i(
53 6-16
63 7-1-i
53 7-18
.
53
,
1838
1894
1900
1889
1891
1895
Do
Do
Do
Do
Do
58
56
5s
58
53
Virginia stock 5s
Do
6s
lOJ
@1(14
107H@108
1071jai07K
New
funded 6s
1905
lOSJiffliOaiiC
]('8'/i@10»
110
196
101
4J
42
106
108
107
taill
(atli6X
:r9>4@110'4
HSJi-gilOSk
@102
100
4J
it
@I01
1C6
108
109
10-t
@108
@110
©lit
©110
@110
lOJ
28
25
58
© 3»
@
@ 60
106
1C6
107
28
25
58
@
@ 62
5-|
@108
@110
©119
©108
ai08
©109
©
3i
©30
©60
The public sales of Colonial wool were brought
The quantity catalogued comprisel
11-8
@ 52
@ 52
©lU
,30
to a close
Sydney and Qncenslind
62^
50,74.?
Victoria
Sduih Australia
104.161
.35,058
Swan River
Tasmnnii
New
C'.pe
j.008
10,8-M
.-
Zealand
<
f
69,5--'4
Good Hope
34,899
Falkland Islands,...
ix 4}4@ljf
6
6
6
Lisbon and Oporto
St. Petersburg
3h
lO-lOs. 6s
JnneSS.
jj
lC)8W(ai09V4
103 ©104
Bales.
;
rate,
p. c.
6.
©HO
yesterday.
£6 18s. 9d ©£7 Os. Od. Discount.? per cent.
Annexed are the current rates of discount at th e principal
foreign markets
Bank Open
Bank Open
Quicksilver,
P.ins
Brussels
1885
1887
1881
1904
1811
1907
1875
1867,68
funded,5s
Do
Ju'y
I(i9
95Jia!i6
.188!
5-20S.
Do
5i 5 -18
52 11-16®
52
(a
per oz
.
d.
,
9«@
77
78
SILVER.
Bar Silver, fine
Bar Silver, con'ng 5
Mexican Dollars
Five Franc Pieces
d.
B.
and of some of the
compared with
closing pi ices of Consols
principal American securities at to-day's mirket,
Massachusetts 6s
ing are the present prices of bullion:
German gold coin
—
rate.
—
Bar Gold, fine
Bar Gold, reflnable
fcpanish Doubloons
South American Doubloons
Uoited States Gold Coin
;
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
^ully 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 rone, net results have been
more satisfactory, as bad debts have been few, while considerable
benefit has accrued from the new arrangemant 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
,
Total
]|o09
318,234
About 19,000 bales were withdrawn, a portion of which, howwas re-offered and sold. With a moderate attendance of
home and foreign buyers on the opening night, there was fair
ever,
competition at id. to Id. per lb. decline on Ftibruary-Marcli
closing rates for all Australian merino and greasy crossbred
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
descriptions,
d^
accession of buyers, an improved tone day by
was manifested,
and the decline was fully recovered. On the 4th June the sales
were postponed until the llth June, on account of Darby day and
Whitsuntide, and as, during this interval, prospects of a peaceful
settlement of the Eastern Question at the Congress, arranged to
be held at Berlin, became more favorable, thus cautiug &
generally improved trade in all the manufacturing districts, they
opened with a more buoyant tone, and with a brisk
demand, prices for most defcriptions steadily advancing
eventually reaching IJd. per lb. more than opening rates, or fully
February March highest quotations, and, in some cases, more.
Crossbred wools were again in large supply, and, being still in
re.
—
favor for present fashions, sold at fairly satisfactory prices, considering the extremely low rates ruling for home-grown clips.
Medium Australian scoured, fleece washed and greasy, espec'ftlly
the shafty 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 b»les were taken for export, and that
—
—
36,000 bales Australian and 8,000 bales Cape are held over.
The
a
1
July
.
:
.
THE CHRONK^LK
30. 1878.1
third BiTles will probably
commence on the 13lh
or 30th
Ang
ost
the arrirala to diitc being 220,500 bales. AccordiDg to present
BdvlceB the Joloniiil Hbipraeota this season, compared with laat
«re likely to thovr a decrease of about 45,000 bales.
The weather has been much cooler this week, but as the wheat
A someplant is in bloom, it le favorable for the growing crops.
what Increased amount of buHiiicHS has been in progress, but it
many cases, bi>cn at a furtlier sacrifice on the part of
The weather on the Continent has been fifle and harholders.
vest woik is now making steady progress in the earlier districts.
has, in
Tenders were received yesterday for £400,000 Natal Oovern-
The applications amounted to
tj per cent debentures.
£1,413,000, at rates varying from 02i to 95}. Tenders above
£93 3j. received in full, and those at that price will participate to
69
the same exoggerated txtent. Again, many countries poMessIn^
va»t territory and but Ultle capital, Instead of being content with
agriculture have taken to creating iodnttrlcs, wliich they hope to
These countries have not
maintain by the proteellontst systrm.
men
Bufllcienl
to cultivate their large tracts of land,
undertaken to erect
at
nor sufficient
and yet thiy have
capita! to extract from the land its full value,
a great expense filatures, smelling furna-
The enormous development of military armaments, which redu':eB tht amount of laborers, must also be ta&en
The money spent in guns and fortifications must
into account.
proportionally decrease the amount applicable to peaceable
forges, &c.
ces,
According to the returns, the imports in 1877 were
over £9,000,000 sterling and the exports about £3,600,000 sterling less in value than those in 1876. The value of exports
ment
industries.
the extent of 5} per cent.
During the week ended June 20, the sales of home-grown wheat
had already fallen considerably in 1870 when compared with
1875, and the amount for 1877 is less than that for any year since
in the 150 principal markets of England and Wales amounted to
23.909 quarters, against 31,534 quarters last year; and it is estimated that in the whole Kingdom they were 96,000 quarters,
was
against 86,500 quarters.
Since harvest the deliveries in the 150
principal markets hr.ve been 1,764,077 quarters, against 1,804,377
quarters, and in the whole Kingdoai it is computed that they
have been 7,058,708 quarters, against
quarters in the
7,457,.500
Without reckoning the
corresponding period of last feason.
ex-granary at the commencement of the
aeaooo, it is estimated that the following quantities of wheat and
applies furnished
have been placed upon the British markets since harvest
flour
Imports of wheat
Imporu
1877-8.
18:6-7.
1875-6.
cwt.
cwt.
4T.!V8i.'4&3
35,413,754
«,5
7,
was it considenraw materials, amounting to over £3,500,000, arose particularly from the reduction In
the importaiion of silk, owing to a bad cocoon season.
5.ti31,«5
41,935,000
5.d3l,5-;0
^,:«^,:ii7
33,495,300
—
"
.
ToUl
Rzports of wheat and
1,51U,6«
floar.
8.3,8 8,554
Result
Aver, price or En£. wheut fur season 509. lid.
The following
figures
show
73,6'J3.:8»
773,(ia3
8:^,138,00
7-2,8. 7.h85
82
6i3. lid.
8IO,5i2
83.345,814
249,734
•2'j:.47»
8.3,096(80
45a. lid.
i
43s. 7.1.
the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the Ist of September to the close of last week, compared
with the corrisponding periods in the three previoas years:
Wheat
Barley
1876-7.
35,413.754
10,036, '.25
I,5l3,t;88
S.'.'IS.Kg
i9,72i..5l3
35
1.139,M7
3,941,163
7,a08,769
Oata
Fleas
Beans
IndUaCom
noor
33,7;«.-)l9
9,4>.2.8.53
8,I21,2''7
!,49;,i)66
3,312.1.67
],S5>,2.M
2,469,2:
2',91:',f97
22,193,160
I3,7lib,C91
5,864,510
B,S-.'5,3i7
5,631,195
9.347,
Wheat
.cwt.
98,751
18,713
19,0.8
21i.,69f
75,94!
,
Bears
ladit
n
Com
.
Floor
A
1,440,711
54, .31
Oatf
Peas
IWX
8.
815,955
81.156
4H,5C0
39,SU
.47,6H
3^J?,713
34,65
8.814
25,791
198,471
1S6,28!
70,679
18,131
3,147
46.(i3
'
5:.i6.3
firm tone has pervaded the stock markets during the week,
but business has not baen active. The tendency has been, however, for prices to rise, notwithstanding that the value of money
Untied States Government securities have
has improved.
advanced in price, and the value of most of the leading railway
stocks has been improving.
In reference to the state of trade in France, Mr. Adams, in his
roport to the Foreign Office on the finances, &c., of France, points
out that more general causes than the d'sturbed state of internal
politics were at work to produce the unusual depression of trade
which existed in that country last year. A number of countries
have been accustomed to act like spendthrifts. For instance,
Egypt, Turkey, Peru and the Argentine Republic have borrowed
Tery large sums, which they have squandered away without any
sufficient return.
They have bought machines, rails, articles de
Paris, tissnos, &c. they have given extensile orders, which have
employed hundreds of manufactories and thousands of workmen,
and the transport of these purchases has occupied a large
number of vessels at a high rate of freight. At last, however, a
time arrived when these borrowers lost credit, and then Europe
became the loser in two ways she lost the capital she Lad lent
and the orders she used to receive. Again, the numerous railway
companies in the United States have constructed a large number
of lines with European capital, and with it have paid high
salaries to their laborers, who are thus enabled to purchase luxuries from Europe.
But in this case, too, crtdit eventually
collapsed, and the successive orders whi'ih had kept up a fictitious
business in loins and purchases diminished, and finally were
;
;
Europe was again the victim, having gons on
constructing steam vessels of the moit perfect type, as if freights
would continue to rise, and erecting smelting furnaces, as if the
annual couetruction of railroads was certain to be maintsined to
1(8«
lU>i
106>tf
lliu
K«S(
lOK^
\W,%.
IO674
—
d.
8.
d
6
9
24
6
24
8
9
8
»bbl 24
Whoat(K. W. spring). ^JcU 8
"
(Ked winter)..., .
"
(Av. Cal. white).. " 10
"
(C.White club)... " 10
Corn(new W. mlx.)^ qnar. 2)
Plonr (extra State)
"96
«
10
10
23
enarter. 34
34
9
d.
8.
Bacon (I'g cl. m.).... Vcwi 27 6
36 3
Lard (American).... "
.45
Cheese (Am. ane) now "
27
36
45
10
10
9
23
84
6
3
Hon.
"
8.
cwt..
Petrolonui(refliied),
9!i
9
.
.
.
cwt
"
37
83
40
.
Clover8eed(.4mer. red)
London Produce and
Sat.
£
6.
d.
Una'dc<ke(obl).y
Unseed
(Cal.)
$
B.
tc. 8 10
qaar.
49
6
s. d.
8 10
49 6
6
37
41
d.
Frt.
d.
B.
5
iO
lu
9K
•m
9X
G>4
6
6
6
17
8
87
6
—
Oil Markets.
Mon.
Taes.
£.
6
D
6
6
6X
37
23
40
6
Prl.
d.
8.
73
49
80
Tnat.
d.
95f
6«
ispirlta).
'
Wed.
5
10
(fine)
Tallow(prime City)
Srilrits turoontine
37
45
8.
10
10
ii
84
A.
8.
49
d.
9
72
49
29
87
41
72
6
8
Thnr.
d.
8.
Taes.
d.
9
.
d.
72
49
28
36
45
9
6
24
2i
34
Wed.
Taes.
s.
3
8
8.
6
21
8
9
10
10
U
Krl.
d.
d.
8.
6
22
34
—
Sat.
Sosln ( common).
6
10
d.
8.
72
49
d.
24
8
9
4
Hon,
Sat.
8.
9
10
—
Beef (prime mesa) S tc. .. 72
Pork (W't. mess).... ¥ bbl 49
d.
B.
96
4
Liverpool Produce Market.
733.263
48,377
84,477
8W,0S9
27,109
106X
—
Ftl.
95 7-1«
95 ii-:6
Liverpool Ooiton Harkit. See special report of cotton,
Liverpool Breadstu^a Market.
Wed.
Thnr.
Sat.
Mon. Taes,
11.837,024
XXF0BT9.
B:ir.ey
\K%
Liverpool Provisions Market.
1874-5
1875-6.
41,517.3^9
7,5 6,953
ll,5»l,9-.'8
IIU
lOBJi
Peas (Canadian)
DIFOBTS.
18Tt-8.
cwt. 47,581,463
11,807,858
Thar.
93 7-11
95 9-15
108!<
95 '.5-16 93 13-16 95 9-16
96 1-16 93 13-16 93^
103
10S>i
l(8>i
111
111)^
lO.HX
lOSX
106X
a.8.6s(5-S08) 1867... .107 >S
a. S. 10-40e
ll'X
NewlKs
Wed.
Toes.
Hon.
Sat.
96 3-18
sccoant.. 96 3-16
SsofieSl
85.3TS.S37
in
<(U<IISU .tlaritei tCa|>or»— fer Caltla.
The daily closing quotationsin the markets of London and Liverpool for the past week have been reported by cable, as shown in
the following summarr
London Money and Stor.k Miirket. The bullion in the Bank of
Consols for money.
cwt.
Si,-J8^,5(J0
1876, nor
That
able in manufactured articles.
1874-6.
S3,77lj.3!9
769
when compared with
icslgnific&nt
England has decreased £354,000 during the week.
:
29
...3O,58J,l,O0
7,'2)'
of floor
Bales of bome-growa wheat.
In articles of food the decrease in the value of imparts
1871.
£
8.
d.
8 10
Wed.
That.
£ 8. d. £ 8. d.
6
8 10
49
6
23 6
23
6
49
£
Frl.
8. d.
8 10
53
8 10
to
Sttgar(No.l2D'chBtd)
on spot,
cwt
ip
23
8perraoil.....iS tnn..69
Whale
"
oil
Linseed
oil.
...S ton
23 6
6
69
35
29
69
.35
.35
.23 15
23
69
35
29
U
23
S3
6
61
69
!)5
.35
29
5
29
6
CUouxmcvcliil iintX I^XlsccUancousUcxus.
—
IMPORTS AND EXPORTS FOR THB Wbbk. The imoorts lajt
week showed an increase in dry goods and a decrease in general
The total imports were $4,115,040, against
15,375,737 the preceding week and f 3,077,513 two weeks preThe exports for the week ended July 16 amounted to
vious.
15,413,093, against '^5,705,531 last week and $7,107,529 the previous week. The following are the imports at New fork tor
week endintr (for dry goods) July 11 and for the week ending
merchandiee.
(for general
merchandise) July 13:
FoaSIOM IBCFOaTS AT
Orygooda
Glencral merchandise.
.
.
Total for the week.
Provioaaly reported. ..
.
Since Jan.
$911,530
1877.
$1,246,131
$»60.I0>
4,4'J0.051
5.463,2:) 1
3,154.941
1876.
1878.
»8,r.4l.ai9
».5,371,584
$6.76 1,.;*}
1:4,115,045
187. 158.921
159,5^8,757
lT6,594,0i0
I4,s.7ai.8n
$161,895,311
$183,358,135
$152,837,873
$ 191.(99,»5
1
KBW TOOK VOB THB WSBK.
1875.
$1.)4J,47'
5,198,733
In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports for the week ending
July 16:
sxpoBTS raosi ir«w tobk »ob th« wsbk.
entirely stopped.
Portheweek
Previoosly reported....
Since Jan.
1
1875.
$5,013,213
147.911,151
Fn 3,955,399
13D.919,U8
18T7.
$6,154,447
133,983,430
187S.
$5,4I3,CO-J
177,16J,696
$133,JSO,OJ1
$111,122,871
$182,575,6$?
-
1873.
$7,i:o,838
:
:
:
:
will ghow the exports ot specie from the port cl
for the weei ending July 13, 1878, and also a comparieon of the total since Jan. 1, 1878, with the corresponding
totals for several previous years
The following
New York
Jn!y 11— Str. Celtic
Jnly
13
Liverpool..
— Str. Mosel
Am.
..
Southampton
bars.
$11,000
Mex. eagles
Mex. silver dols
Mex. silver bars..
Amer. silver bars.
Amer. silver bars.
Amer. silver
1,603
88,4)3
21.185
fine
Liverpool
Nassau
Total for the week ($117,578 silver, and $1,500 gold)
Previonsly reported ($3,b3},4li6 silver, and $5,07;i,iJI0 gold)
Total since Jan.
1,
1878 ($3,773,04) silver,
$81,!!S7,893
38,162,324
36,7!3,76'J
43,786,037
in-
$49,833,757
27,0J7.185
li,in,U&
51,609,315
33.774,091
49,7:9,151
of specie at this port daring the
been as follows
July 8— Str. Alps
game periods have
:
Aspinwall
Portu Plata
Porto Cabello
July 8— Str. Tybee
July 9— Bark Jane Adeline
July 9— Str. San Jacinto
July 11— Brig E. May
July 11— Str. Atlas
,
Nassau
Amer. silver
Amer. silver
Amer. gold
Amer. silver
460
Foreign tilver,...
Port-auPrince,..Amer. silver
ForelKu silver
Foreign gold
Havana
..Foreign gold
Total for the week ($207,956 silver, and $33,015 gold)
Previoaely reported-($8,610,.346 silver, and $1,510,300 gold)
Total since Jan.
1,
1,300
160,(28
60J
4,015
8,000
«239,-2:i
13, ;40,648
and $1,512,315 gold)., .tl3, 379,917
Same time in—
1878 ($8,837,602 silver,
Same time in—
1877
1876
1875
1874
1873
1873
$7,438,793
2,417,409
....
The transactions for the
as follows:
week
$298,000
485.000
244,000
851,000
895,000
239,000
Coin,
$6»,074 3J
603,088
256,893
413,281
500,231
250,942
7,317,101
9,747.700
4.008.253
1,606,975
at the
Sub-Treasury have been
,
Paynients.
Coin.
Currency.
,
.
Currency,
$2,183,945
1,591,867
463,838
7d6,605
91
98
03
09
76
57
34
.583,788 18
2,678,705 77
76
39
$3,316,156
,
Receipts.
.
Customs.
1871...
1870
1869
1868
1867
7,667,147
a,680,lJJ
8,853,158
3,736,845
$4.30,7:J3 14
835,027
872,097
1,029,543
353,885
419,113
2,588.621 89
61
83
485,558 OS
4t4,925 19
635,578 S3
17
81
326,.388
Total
$3,013,030 $2,649,456 39 $8,148,788 55 $3,730,301 30 $.5,139,873 05
Balance, July 18
117,678,0!8 30 4i,98li,OrO 87
Balance. July 19
117,597,378 79 49,983,996 37
From
we have
the Comptroller of the Currency, Hon. John Jay Knox,
the following statement of the currency movements and
Treasury balances for three months past
U.S. Bonds held as security from Nat. B'ks.— April 30.
May 31, June 30.
Bonds for circulation deposited
$3,638,000 $4,835,000
$•^,267,700
Bonds for circulation withdrawn
3.868,400
2,780,400
2,787,750
Total held fur circulation
Bonds held as security for deposits
..
.
347,711,850
13,443,000
349,166,450
13,868,000
319,,546,400
13,858,000
Legal Tender Notes.—
Deposited in Treasury under act of June 80,
1874
Total
now on
418,430
Betired under act of .January 14, 1875
Total retired under that act to date
Total amount of greenbacks outstanding.
National
27,000
544,700
11,550,003
11,491,732
35,318,984
»46,6S1,016
36,318,984
316,681,016
2,007,630
1,140,121
333,555,965
1,438,130
1,400,450
877,271
323,082,164
1,432,120
10,757,000
5,138.000
1,276,000
9,824.000
7,095,000
1,119,000
deposit, Includingliquidatmg
banks
.
13,313,537
1,16",696
35,31 ',984
346,631,016
Bank
Ciraulation, —
New circulation Issued
1,459,630
Circulation retired
503 655
Total circulation outstanding—Currency... 381.709^559
Gold
Notes received for redemption from—
New York
1.433,120
7,711,000
Boston
2,9 5,000
Philadelphia
Cincinnati
,
Chicago
Miscellaneous
924,000
747 000
49l',00O
2,fiO8,00O
6,923,000
6,578,000
$15,755,000
$84,077,000
$23,616,000
Treasury Movements.—
Balance in Treasury— Coin
156,037 3.36
Currency
1,163,140
Currency held for redemption of frac-
189,708,081
3,094,748
197,415,1.33
10,000,000
62,823,640
10,000,000
45,629,600
Total
_
,
and,
Coin
,
.,
„. tional currency...,
silver cerbflcates outstanding
Chicago
—
&
10,000.000
55,044,500
3,653,479
State Line. This company has been organized by
the purchasers of the Cliicago & Southern road at foreclosure
sale, and has filed articles of incorporation at Illinois.
The capital stock is to be |5,000,000.
Grand Trunk
Canada).— A Montreal dispatch of July 9th
Bald that the general manager of the Grand Trunk Railway had
been successful in his mission to England, which was to raise
money to build some fifty miles of road, which, with other lines,
would form a western connection which would replace the Michigan Central,
'
—
—
of
New York Boston & Montreal. — In accordance with an order
the New York Supreme Court, the Farmers' Loan & Trust
Company has conveyed
all its Interest and title, as trustee, in the
property bought in by it at foreclosure sale in 1876 to Herman R.
Baltzer and Wm. G. Taaks, receivers appointed some time ago in
the suit brought by the Banque Franco-Egyptienne. The sale in
1876 was of the property covered by the first mortgage executed
by the old New York & Boston Company.
—
Plttsbnrg Cincinnati & St. Louis. The following is an
approximate statement of results of operations for the six months
ending June 80, 1878:
Oross earnings
$1,511,438
991,657
Expenses
The
Net earnings
interest on the bonds for these six months
$519,530
331,895
is
Surplus
New
$184,685
.York Lake Erie
stockholders are
expenses of this
& Western.—By way
to know
in April
now permitted
company were
of London,
what the earnings and
1877.
Gross earnings
Working expenses
Netenrnings
1876.
$1,880,880 51
879,016 07
$1,127,078 80
691,755 09
$401,864 44
$235,328 71
The
n«t earnings of the first seven months of the present
financial \;ear exceed those for the saaie period last year by
$579,664 C3.
Pittsburg City Bebt.— The indebtedness
of
Pittsburg
amounts to $13,612,639. Of this sum, $5,121,300 are street
improvement bonds at 7 per cent.
The remainder as follows
4 per cent bonds, $353,485; 5 per cent bonds, $1,826,814
cent bonds, $997,000, and 7 per cent bonds, $5,345,000.
;
per
I'ortsmonlh Gt. Falls & Conway.— Portsmouth, N. H.,
15.
An attachment has been made of all the right, title and
July
—
interest of the Eastern Railroad in the capital stock of the Portsmouth Great Falls Si Conway Railroatl, at the suit of the
National Bank of Commerce to recover $100,000 in damages.
The suit is founded on a note of the Eastern Railroad, made
November, 1873, payable in three months.
&
Arkansas Valle.y.— The new subscription of $770,Pueblo to
Leadville and the San Juan mining district, and from Canon City
to South Arkansas, which was opened at the office of the company
in Boston on July 10, is reported as all taken.
The road is under
lease to the Atchison Topeka & Santa Fe Railroad Company.
St. Albans (Yt). Town Bonds.— The town of St. Albans
Fueblo
000, to complete the extension of this railroad Irom
issued
bonds
to aid in constructing the Missisquoi Railroad.
sold and the road built. Heretofore the interest
on those bonds has been regularly voted at the annual town
meeting, colkcted and paid. Recently it was voted that no
farther payments of interest be made until the aifairs of the road
had been exhibited to the town selectmen, and they declined to
pay the interest due July 1.
its
The bonds were
Sales of U. S. Public Lands.— The following is a comparative
statement of the disposal of public lands in Dakota, Kansas,
Minnesota and Nebraska, iu the fiscal years ending June 30, 1877,
and June 30, 1878
:
Increase in
Dakota
Kansas
Minnesota
Nebraska
;
1878
$1,461,803
2,067,179
1,011.803
620,676
18:7.
1878.
$818,378
710,700
$1,343,423
279,847
257,407
1,353,479
761,356
868,869
(of
now under
Lafayette Muucie
by
" This suit was brought under the provisions of act No. 139 of
which abolished the Levee Comp my but allowed it to sue
the State for any claim it might have. The same act provides
that
pending- the suit authorized to be instituted by the said
Louisiana Levee Company, the proceeds of the collection of levee
taxes hitherto assessed, and the one-third of the tax of 1878 as
berein provided, shall be paid over to said company 8S authorized by existing laws.'
But Auditor Jumel refused to pay over
any taxes to the company, after the decision against it by Judge
Monroe. The company thereupon asked for a mandamus in the
same Courts to compel the Auditor to pay over the taxes collected, which Judge Monroe granted and made peremptory.
From
that decision Jumel appealed, and it is his mandamus case that
was decided by the Supreme Court, Wednesday, affirming Judge
Monroe's decision."
The suit of the Levee Company against the State for $l,70'l,5o3
is still pending on appeal to the Supreme Court, Judge Monroe
having given judgment against the company.
The effect of the decision iu the N. Orleans Pacific Railway
case is that the road must make its bonds in the required form
before the Governor will issue S:ate bonds.
$91 8,81« 83
7-}
87
fVCL XXVII.
1877,
$550
44,713
20,0
Iloilo
July 13- Str. Niagara
13
15
IH
17
18
19
7,000
10,000
$5,031,410 gold)... $8,853,464
1870
1869.,
1868
1867
1866
57,(187,855
SO.OfiO
$119,073
6,734,376
,
1871
8M81.890
The imports
and
Same time
Same time In—
1877
1876
1875
1874
1873
1878
sil.
.
London
July IS— Str. City of Berlin
July 13— Sir. San Jacinto
July
:
THE CHRONJCLE.
60
the control of Mr. Vanderbilt.
& Bloomington.— A
petition has been filed
A. B. Baylis, Trustee, in tbe United States Circuit Court in
Indianapolis, asking lor a judgment of foreclosure and an order
of sale of the property under the first mortgage for
$1,500,000.
Louisiana State Bonds.— The Supreme Court decisions of
the 10th were referred to in the CniiONIcr.E last week. They
afBrmed judgments iu the New Orleans Pacific Railway Company mandamus vs. Governor Nicholls and others, and the Louisiana Levee Company vs. Auditor Jumel.
The history of the
latter case is thus staled by the New Orleans
limes
Gandtotal
$5,190,860
$1,466,333
$3,724,587
—The
holders of the Denver extension bonds ot the Kansas
Railway are reported to be accepting the proposition of
the committee of nine of the first mortgage bondholders, by depositing their bonds with the United States Trust Company, for
the purpose of purchasing the road under the pending foreclosure
proceedings for the purpose of re-construction. The engraved
receipts for the bonds and certificates are now ready, and it is
stated by the committee, of which Louis H. Meyer is chairman,
Pacific
that over $3,000,000, out of a total issue of $6,350,000
bonds, are either deposited or in transit for deposit.
of the
— The Kansas City Water- Works Loan brought out by Messrs.
& Co., Bankers, 92 Broadway, is reported by
them as in fair demand. It bears 7 per cent interest in gold, and
has 30 years to run. Messrs. D. L. & Co. now ofiFer the bonds at
par and accrued iutsrest.
Donnell, Lawson
J
JULY
1
:
.,
THE CHRONICLE.
00. 1878.
(U
HATIONAI, BANKS.
May. 1, '78. June
Unhilllies.
National Banks orgranized diirlnir the past week.
DIVIDENDM.
Tbe folloiTlca divldsads have
If
Rallroada.
& Mo. lilvur In Nob
,\:
'
>
NilHhvlllo
V
,
&
i«
^IhidilllNa*.
RK...
A Tort Carbon
:
Bchuyikill Niiv.
*
conv. Bcrip).
(ill
KU. com.
70 CM.
(1 40
(scrip).,
prff . (fcrip)
.
Insurance.
81.
Aug.
Ang.
Aug.
Sli.
B.
0.
8
Eichnni,'u Fire
Fairllila Fire....
5
Ang.
4
July
5
On dim.
On dcm.
Homo
& Tradirg'
10
10
Fire
WesUlu'j'd'r Fire
The
:»Ioney
July 8« to July
Aug. 8 to Aug.
July 21 to Aug.
July 31 to Ang.
31
July SS to Ang.
1.
9.
9.
5.
1.
59.
Aua.
1.
Aug 1.
On dcm.
5
10
,
Wllllam-biirgCity FIro
3.
On dcm.
On dem.
5
Commercial Fire
RutRcrs firo
Ang.
SI to
18.
Atlantic
Mcclianicx'
CiiciilnHon
20,l5(i.2(K)
Duo banks
71.170.000
FRIDAY, JDLT 19, 1878-5 P. Id.
Market and Financial Situation. —There Tins
been no ypocial subject of intcn^st this weelc in financial
circles,
and the activity of business transactions during the past few days
Lbs been Tnatorially 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
Tre^ury in regard to gold and silver payments, the genconditions of the maturing crops, and the probable
eral
course of railroad securities
departure in getting control
under
of
Mr.
tho
Vanderbilt's
parallel
lines
new
to the
It
is
now generally believed
northward of Lake Shore.
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
that
—
them to use the standard silver dollars 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 <m pay-roll disbursements " to persons desiring them,"
treasurers, authorizing
the law then be repealed by Congress next winter, we might
have a just and happy deliverance from the evils of that most
unwholesome and unnecessary legislation.
In the New York money market call loans have ranged from 1
to 2i per cent, and prime short-date paper sells readily at 3@4
per cent.
Tho Bank of England on Thursday showed a loss of £354,00(5
in specie for tlie week, but an increase of reserve to 34| per cent
of liabilities, against 33| per cent the previous week.
The discount rate is unchanged at 3 J per cent. The Bank of Fiance
showed an increase of 626,000 francs in specie.
The la.st statement of the New York City Clearing House banks,
issued July 13, showed an increase of $2,079,900 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
:
1878.
JiUy 13.
Loans and (118. $234,120,100
Bpccio
Circulation ..
Net depoHits
Legal
.
ttiudcrs.
Differ'nces fr'm
1877.
1876.
previous week.
July 14.
July 15.
22.04'*. lloii Inr.
I.ti2^.(;00
19,522,100 Di'c.
217,41 ^.'iOO Inc.
:!,.'j!M,kOO
;)oi.soo
5D,.550,300|luc. 1,950,000
LiatntUie*.
Circulation
Due
Due
liiinkH
depositors
Unpaid dividends
Totals
Other f.tockM,h'<t.s and mtgs.
Due from banks
Kcnl CBtiite
Casli items and bank notes.
Siwcle
Legal tenders
Oveidrafts
Totals
Legal tenders
Overdrafts
Totals
.Imie 22, '78.
4.67.5,800
ComparlRons.
Dec. $102,400
Inc.
303,300
25,300
4,201,200
29.979.60O
84,400
25,300
4,958,700
28.408,700
59,700
Inc
757,500
Dec. 1,570,900
Doc.
24,700
$51,038,200
$50,401,000
Dec.
.$33,361,900
$31,969,200
3,X94.200
2.752.100
Dec.$l ,392.700
Inc.
3.55,100
Dec.
73,200
Inc
89,200
Ine
22,800
Dec. 3,393.000
Inc. 3,759,.500
Dec.
4,900
$12,272,800
l,.".0(i,M(>0
255,300
1,329.100
8.(!84,.")00
9,SO0
.
$50,401,000 Dec.
$637,200
22.412.100
1.484,400
9.455,100
16.100,900
4,712,400
1
3,K.59,H00
—
,
:
iii.lii.<iive.
Total coupon bonds, $2,500,000.
Kcfjistered Ixiuds as follows: $50, Noa. 2,251 to 2.300, both Inclusive
$100, Nbs. 17,851 to 18,250, both inchi.sivc .$.500, Nos. 10,451 to 10,550,
both inclusive; $1,000, Nos. 34,401 to 35.200, both inclusive; $5,000,
Nos. 9,251 to 9,650, both inclusive; $10,000, Nos. 17,731 to 18,403, i)OtU
inclusive. Total rccristcred bonds, $2,500,000. Aggregate, $5,000,000.
Closing prices at the N. Y. Board ha ve been aa follows:
;
;
Interest July
Period
reg.
6s, 1881
coup.
6s, 1881
68, .5-20S, 1865... reg.
6s, 5-208, 1865 .couj).
68, .5-208, 1807... veg.
68, 5-208,1867 .coup.
68, .5-208, 1868... reg.
68, 5-20s. 1868 .coup.
reg.
5s, 10-40.1
coup.
5s, 10-4tJ8
5s, fund., 1881. ..leg.
5s, fund., 1881. .coup.
4ias, 1891
reg.
coup.
4'as, 1891
4s, 1907
reg.
4s, 1907
coup.
68, cur'cy, '95-99. reg.
J.
J.
J.
J.
J.
J.
J.
J.
M.
13.
July
July
July
July
July
15.
16.
17.
18.
19.
'107% '107% IO712 10712 10714! 107%
1073s 107% 107% 10712 107%,n07i4
&
&
&
&
&
&
&
&
&
&
102^2 '1021s 102=8 1021-3 '102i2!'102%
102H! •102 1.J, :02i2 102 i-j '1021a 102%
105%
106
10616 1061s 106
106
105^8 100
looie 106i» 106
lOS's
'IO7I2
103 13
109
10712 108
1081-1
109i>»!
M.
Q.-Feb
'lOOig
lOo's
106
Q.-Feb.
Q.-Mar.
Q.-Mar.
Q.-Jan.
Q.-Jau.
107
10713
109'tf
I
107%
'IO7I3
107'^8
108i« 108
'109
109 le
106
10714
108
108
lOOig 109
109
IO9I8 109 14 109
10618
lOOisI'lOeie
107%
IO714I
107%
104 12 104=8 104=8 104=8 104=8
104%; 101% 104% lot's 104i2"104i2
100%i IOOI3 10019 'IOOI2 100=8*10013
100%, 100% 100% 100 12 IOOI2 IOOI2
3. & J. 12012! l'20l2! 120ial 120% 12014I 120
* 'This is tho price bid
no sale was mado at the Board.
The range in prices since Jan. 1, 1878, and the amount of each
class of bonds outstanding July 1, 1878, were as follows:
10138
;
Range
since Jan.
_
1,
1878.
Highest.
Lowest.
Amoimt July
1881. ...cp. IO518 Feb. 25 110% June 27 $194,938,950
51.417,3.50
1 lOSig June 6
6 108=8 June 27 106,037.800
15,955.000
2 111 H June 28
1 IO9I4 July
3 144. 2^0. .^00
25 107% July 17 234.o:i.">.2.".ii
150.772,150
1 104 "8 May 2
69,749.550
9
1: 102% Jan.
64,6'23,512
5! l'22i6 May 25
,
1.
Coupon.
Registered.
6s, 5-20s,'65.cp. 102% July
Feb.
68, 5-208,'(>7.cp. 105
68, 5-20s,'68.cp. 106% Jan.
•'8 SIch.
5s, 10-lOs. ..cp. 103
58, fund. ,'81. cp. 102% Feb.
4i2s, 1891 ..cp. lOl^a Mch.
4s, 1907 ....ep. l(M)i4 July
68, cnr'ncy.reg. II714 Apr.
$87,797,400
55,408,700
204..578,500
21.510.300
5o,2S5,.500
271.105.100
SSI,227,850
29,100,450
and Railroad Bonds. —There has been little movement
bonds and no great change in prices.
Railroad bonds have been well maintained on small transactions, and tho prices of all bonds which are alx)ve the shadow of
In view of the slight
a doubt rule at comparatively high figures.
uncertainty about the relative prices of gold and silver in the
future, it would not be strange if a decided preference should
spring up for bonds payable by their tenns in gold. A sufficient
rea-son for this would be found in the fact that investors habitually dislike uncertainty.
Messrs.
securities,
.
8,517..5(K)
21.3(M»,000
both inclnaivc; $100, Nos. 110,001 to 114,000, both Inclusive: $.500. Nog.
76.'201 to 79.500, both inclusive; $1,000, Nos. 140,001 to 145,000, both
A. H. Muller & Son sold at auction the following
seldom or never sold at the Stock Exchange:
l\hures.
.
$637,200
7,,!I07,200
21 .100,500
14 .491,900
1,,(i 12,000
0,,490,900
15 ,187.900
4 ,371,800
28,,085.500
29 ,2S2,760
130.000
CTnlted State* Bonds. There has still been an active business in governments, and this week tho purcha-ses by larcer
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
as much as ^2,000,000 in amount, but yesterday arid to day they
have sold hardly any, and bonds are now reported scarce in London.
The sales (vf 4 per cent bonds by the Treasury are free, but
holders of five-twenties of 1867-8 and sixes of 1881, and still
more those who have ten-forties or fives of 1881, should remember that it will take a long time at any ordinary rate of selling 4
per cents before their bonds can be paid oif. Some holders of the
issues just named have at times showed an unseemly haste in
their efforts to change off their bonds, and a word of caution in
this respect may not be out of jilace.
The Secretary of the Treasury has issued the sixtv-second call
The call is for $5,000,000, to
for the redemption of 5-20 bonds.
be paid off the 17th day of October next. The following are
the descriptfons of the bonds:
Coupon bonds dated July 1 1805, namely $.50, Nos. 65,001 to 68.000,
State
4,372,.500
$51,038,200
Inc .14,714,700
Hpecle
in State
Mar. 16, '78.
$12,375,200
3,539,100
2,825.300
1,417,600
232,500
4,722.100
4,925,000
14,700
$297,4 11,600 $31'2,1.59,300
liils
1,->,442.300
Resources.
liOans and di.scoiuits
46,94 5,3(K)
1 19,400
Inc.$l, 774,200
Inc
610,300
Dec.
100,500
Inc. 7,,920,200
Deo.
127,000
Dec.
35,800
Inc.
013,000
Inc.
340,600
I)ec.l4,,225,700
Inc. 17,,062,600
Dec.
10,600
(oHi'Cure clrcn'al'n
()tlnT stocUs. bdri. tV ntoi'ts.
I'rcniiuni on »«tocks
UcillCHllllO
])ue from Imnks
C'anb items and bank notes.
!'..'<.
22,440,100
—
Capital
$162,,178.200 $10-1,252,400
\mm\» and dlscoimts
IT. 8. bonds on band
s.*?.--!)!!
I
1.->.(>! is, loo
The following statements show the summaries of the New York
City banks as rejwjrted by the Clearing House State banks on the
22a of June, and National Banks on the 29th of June.
STATE BANKS.
Not pro tits...'
Inc .14,714,700
$29
.
litsonrFfft.
$2.52,361,100
229,0«s,3OO) 224,167,500
58,809,200
51,677,.500
184.100
,144,1)00 Iii312,l59,300
412,000
Totals
I.")2,700
DiM'.$2,:i!).-),!100 $2.1
487,1 (K>
I>ec
137.53m,3(M>
1,114,«100
125.(;0O,90O
their vaults In
is an important one, as no one may desire them.
Could all the
silver dollars coined this year be used exclusively for the payment
of the salaries of those Congres.smen who voted for the bill, and
Com pnrl sons.
Dw. i|<U>0,0O0
Inc 2,81(i,.->00
Inc .11,937,400
Inc
702,000
Unpaid tUvldcnOs
Ann. 1. July
On dem.
July 18.
July
July
t
miery
,;inl«
,
23.1101.900
WlIEM
Books Clo«kd.
r»B
Cxar. Patabli. (Day* Indaslve.)
Ni»B 0» COMPAHT.
11
Net prollts
IJiUMli-iioBltors
recentlr beoa annoanead
'29, '78.
$5.5,8<M),(KM>
2:i.417,i«KI
'20.272. KM)
7t,olil..-.oo
$55,1I(M>,(M»0
Clipltlll
No
.
20
20
21
40
50
135
Metropolitan Gas
Sc l.catber Bank
8cviiith Ward Bank
Pbcni.x Bank
Irving Bank
5 ^lerchantR' Exchange
25 Bank of New York
IO5I9
Shoe
76
77%
112%
Bk
.
73
IO2I3
1:19%
18 Manhattan Company
149ia
20 Fnltou Bank
10 Manhattan Fire Ins. Co.. 103
SOU. 8. Fire Insurance Co. ..13413
82
40 Loriliuid Fire Ins. Co
4 Bank of the State of N. Y. 103Bonds.
$800 Motropol'u Gas
scrip. 10413
Bonds.
9.000 Wins'burgh Ons scrip. 95'4
of
Gas,
People's
700
65'a
Br<M>kl\Ti, scrip
Debt,
Canal
Stat<?
N.Y.
2,000
120 >«
68. due 1891
3,000 No. Carolina 6s, Issued
to No. Caroliua RK.
Co., Julv, '75,coui>8on'
36
2,000 MarliM)8a Co. bonds for $5
2,000 St. I., it I. M. RK. (Ark.
Br.) Istniort. 78, gold,
each bond lia\-ing a
funded certllloate for
$105 and four
X>ald coui>ous
linlf-
attached
67\
.
.
.
. ..
THE (CHRONICLE.
62
Closing prices for leading State and Railroad Bonds for two
past, and the range since Jan. 1, 1878, have been as follows:
weeks
States.
July
July
12.
19.
Ran ge
siucc Jan. 1, 1878.
*70
*27
8312
*70
•281s
•83"e
Dist. of Columbia, 3-65s
E.m.no.KDS.
Central of N. J. 1st consol
Central I'aciflc 1st, Os, sold..
30
85
July 10
Apr. 12
30
74
July 10
June 10
6II4 Mch.
!10
108=8
103=8 Jan.
lOS^e 106
II3I2
11238 109 Jan.
Chic. Burl. & Q. consols 7.'". .. 112
IO3I4
101 '4 101>4 91''8 Jan.
Chic. <fe Northwest, cii., cold.
102%
Chic. M.& St. P. cons. s.r. 78.. 100% 100% 9118 Jan.
IIOI3
Jan.
Chic. R. I. & Pac. Os. 1917... 107^8 108 14 100
IIOI4
110 116 110 Jan.
Erie 1st, 78, extended
'111
109 Jan. 10 II2I4
jAike S.& M.S. 1st eouB., cp.. 110
112
IO518 Jan.
Michigan Central consol. 7s.. 110
'118
120
1 1513 Jan.
119
Morris & Essex 1st niort
118
122
118 Jan.
N. Y. Cent. & Hud. Ist, ep.
10218
*98>4
98=8 95''8 Fell.
Ohio & Miss. cous. sink. I'd.
I2II2
118 Fell.
118
Pitts. Ft. Wayne* Cliic. Ist.. '118
'IO8I2 lOSk 103
Apr.
109%
St. Lxjuis & Iron Mt. Ist n\
loss's 103'^ .Tan.
108=8
Union I'aciHc Ist, Os, gold
106
sinking fund
92% Mch, 6 105 >4
do
101% 104
* This Is the price bid
no sale was made at the Board.
July 11
June 28
June 15
May 31
May 25
June 28
July 8
May 27
July 3
Apr. 29
June 26
June 27
June 13
90
I
mis
. .
May 24
June 28
July
.
9
;
Ballroad and niiBcellaneous Stocka.
—The week has been
comi)aratively dull in the stock market, and during the past two
days many brokons and operator.s have been absent from the city.
Prices are, as a rule, steady, in the absence of any particular
influence either on the bull or bear side, and nothing of more
direct bearing upon the market is talked of than the crop prospects, the coal trade, the ultimate effect of Vanderbilt's movements, and other matters of the same general sort. At the
Saratoga conference it was announced that the Great Western of
Canada accepted Sir. Vanderbilt's proposal to refer the question
of a division of through business between the Canada Southern
and Great Western roads to Colonel Thomas A. Scott, of the
Pennsylvania road. This naturally adds to the "harmony" of
affairs.
At the present writing there is little to be said of the stock
market, and as to special events there has hardly been an occurrence of any importance except the notice by Pacific Mail of a
termination of its contract with the Pacific railroad companies.
In the later dealings to-day prices were about steady on a small
business.
The daily highest and lowest prices
Paturday,
July 13.
C ntralof
July
have been as follows:
Tueadav, Wedn'sd'y Thursday,
July 18.
July 17.
July 18
Monday,
Id.
do
112
St. f.
r
pref.
&
Chic.
North.
do
pref.
i
I. & Pac
Dcl.& H. Canal
)>el.Lack.£ W
C. K.
svyi
113
u;)w
BiH 19^ 51
»1« S25«
4-*
SOX
77J4
.
i
St. Jo..
!
OhloA
01
10
lis
ii« ii«
im
.
Ml88...
Panama
Wabash
17H
17>^
iki
Pacific..
»0H
105
American Kx..
iW 14«
"oajj 03?!
9a^
WH lOOll
105
t'!!4 •4714
.
Wells, Far-'o..
Quicksilver
do
pref.
• These arc the prices bid and asked
!
48
Wi
13
Si
-iS
•4i^ 4a
mi4
9214
13K 1»U
'am
33^1
no sale was made at the Board
Total sales this week and the range in prices since Jan. i, 1877,
;
were as follows:
Jan.
Sales of
1,
1878, to date.
Whole year
1S7V.
Week.
Central of N.J
20,955
Chic. Burl.&Qniiicy.
5,l>02
Chic. Mil. & St. P. .. 133,115
do
pref.
.
prof.
Chic. Rock Isl. & Pac.
Bel. & Hudson Ctnnl
Bel. Lack. & Western
Erie
Hauuibal & St. Jo.
do
do pref.
nUnois Central
.
Lake
Sliore
Paoitlc Mail
Panama
48a
4,500
3,232
1.641
2,800
4,133
Exiircss
3,300
Qidcksilver
jiref
46%
7=8 Jan. 5 17=8 Juno 5
10 Feb. 28 13% Apr. 10
2108 Feb. 28 31% Apr. 10
72% Fob. 14 87 July 11
557^ June 29 09i4Ain-. 15
581-2 Jan.
3 72=8 Apr. 18
,07% Fob. 28 89 June 10
103% Feb. 11 112 June 11
0% Jime29 imApr. 15
14=8 June 21 2378 Jan. 10
112 Jan. 5 131 Feb. 25
12ie Jnne20 20% Apr. 5
2,15(!
.
.
United States Exp...
Wells, Fargo & Co...
The
387
100
225
Waba.sh
Union Pncidc
Western Union Tel.
Adams Express
do
010
97,055>
Michigan Central
Morris & Essex
N. Y. Cent. & Hud. R.
Ohio & Mississippi..
Amoncnn
22,:i25
53,175
44,160
2,218
01,215
,20,950
2 45 14 July 11
28 114% July 15
2 .5478 July 8
30 8434 July 9
11 5514 A]ir. 17
9 79>2 July 11
15 II9I2JUUO 7
5 5973 July 10
Mch. 5 0178 July 10
Low. High.
ISiaJan.
9914 Feb.
30 Jan.
OSig Jan.
3319 Feb.
59% Feb.
98% Jan.
45 Jan.
.
do
1001-2
Currency.
Gold.
IOOI2 1001.2 lOO-'is 100=8
100=8 100=8100=8 100=8
100=8 100 la 100-->8 100=8
100=8 100l2'l00=8 100=8
16..
17..
18..
19..
"
Tills week 1001-2 1001-21100=8 100=8
Prev. w'k 100=8 100% 100=8 1001-2
S'co J.in. 1 10278 100l8'lO"7.j 100=8
$12,000,000 .$2,363,247 $2,375,004
8,60:i,000
904,010
958,500
11,300,000 1,420,000 1,428.454
13,819,000 2,114,858 2,127,933
11,097,000 1,551,081 1,009,310
984,,500
990,493
7,077,000
$03,980,000
72.213,000 $1,486,000 $1,488,356
The following are quotations in gold for various coins
Dimes & I2 dimes. — 93 -a
$4 89 a$4 92
98=e
Napoleons
9834
3 92 -S 4 00
Silver I4S and I2S.
9814®
X X Rcichmarks. 4 75 ® 4 81 Five francs
93 a- — 941-2
X Guilders
Mexican
901^®
3 90 @ 4 10
dollars..
91 "l
Spau'li Doubloons. 15 05 '®15 80
Euglisli silver
4 75 ® 4 85
Mox. Doubloons. -15 50 'S>15 70
Prus. .silv. tlialers. — 08 ® — 70
— 98i2® 98%
Fine silver bars .. 115 ® II51-2 Trade dollars
Fine gold bars.
par.®i4prem. New silver dollars — 9934® — par.
X!xcliaiige, Foreign exchange was reduced 1 point on Monday and Tuesday by the leading drawers of sterling bills, and
rates remain nominally at the same figures, viz. 4.8-3^ for 60 days
and 4.8Gi for demand, but actual business is done at a concession
of i to J 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, selling J premium; Charleston, easier, 4@J premium; New Orleans,
conimercial 3-lG, bank J premium
Chicago, 00 premium; St.
Louis, 75 premium; and Boston offered at par.
Quotations for foreign exchange are as follows:
Sovereigns
—
—
—
—
—
—
—
—
:
Highest.
Lowest.
Shares.
Nortliw.
Clearings.
CI08.
100 is'lOOig 100 13
15.. IOOI2IOOI2 IOOI2 100 13
•'
,"
....
Iliglil
Bal.ances.
Gold
I
July 13..
BiMl
^45^
West. Un. Tel
&
:
Quotations.
109^
Adams Exp
do
Chicago
do
;
(10«>s 10994
8
•7«
i
i
United States
.
R2«
K'iH
321,205
106,922
97.238
143,574 162,511
81,819
81,225
lU. Cent, (inline) Jiuie
400,939 380,905
00 Iowa lines-Jtuie
115,020
95,257
do Springf. div.June
14,151
Indiauap.Bl.&W.lstwkJiily
18,256
16,370
Int. A:Gt. North.. 1st wk July
15,797
18,995
Kansas Pacific .Istwk July
60,514
68.283
I,ouisv.Ciu.& Lex. April
64,701
72,997
IxmlsvlIle&Nash.May
393,000 384,942
Mo. Kans. &. Tex June
207,514 258,123
Missouri Pacific. April
334,535 332,109
Mobile & Ohio.... May
104,231
95,401
Nasliv. Ch.& St.L.May
124,837 128,047
Pad.JtElizabetht. Istwk July
7.085
5,237
14,329
Pad. & Memphis.. Jime
12,011
100,397
86,310
Phila, &ErJe
May
238,024 200,591 1,042,028 1,139,159
Phila. & Reading. May
1,280,015 1,387,329 4,171,708 5,193,97.^
St.L.A.&T.H. (bi-s)lstwkJulv
7,310
7,354
230,573
245,845
68,900
St. L.Iron Mt.&S.lstwk July
73,745 1,936,968 2,005,886
56,475
St. L. K. C. &No..'2d wkJulv
50,433 1,613,004 1,508,888
St. L. & S. Frau...2dwk J'lie
17,900
22,840
491,919
56,876
47,038
43,103
286,462
275,744
St. L.&S.E.(St.L.)Juu6
(Ken.). June
20,707
do
24,443
100,808
141,043
(Tenn.).June
13,104
do
11,097
70,118
81,920
167,-298
St. Paid & S. City. May
58,131
238,379
37,827
Scioto Valley
Juno
117,714
27,576
Sioux City &St. P.May
33,215
149,810
18,108
92,078
Southern Minn ... May
8 1 ,769
36,289
320.359
172,072
Tol. Peoria ifc War. Ist WkJuly
19,071
632,113
513,240
14,743
IstwkJuly
Wabash
65,167
62,932 2,274,786 2,122,002
Worth'gt'n& S.F.May. ...
10,019
1,524
30,757
7,116
XUe Cold Market. —Gold has been a trifle firmer, and sold today at 100i@100|. It may not be improbable that the premium
will rule a little firmer if five-twenty bonds are rapidly called in.
On gold loans the borrowing rates to-day were fiat to 1 per cent,
and the carrying rate 1 per cent. Silver in London is quoted at
52|d. per oz.
The range of gold and clearings and balances were as follows
Gr't Western .T\'k.cnd.July 5
m%
H7
7,838,705
2,194.407
4,514,313
3,202,842
184,000
05,724
376,970
4,543,607
370,331
3(>5,975
337,399
4,493,751 4,489,418
2,283,419 2.070,057
2,451,071 2,174,750
748,700
599,373
88,371
032,563
595,700
598,475
678,724
1,496,519 1,414,328
274.445
300,570
2,099,713 2.014,109
1,255.760 1.430,933
1,272,602 1,193,541
846,093
737,900
730,140
093,555
Grand Rap.& Ind. April
Grand Trunk .-WTccud. July
61S
86H
PaciacMail...
Union
Central Pacific. ..June
1,460,000 1,481,232 7,883.303
91,520 2,179.929
Chicago it Alton. .2d wkjulv 112,300
Chic. Burl. & 6... May
1,27.5,516
917.447 5,520,700
Cliic. Mil. &St. P.2d wkJuly
138,000 122,032 4,546,000
28,295
35,196
179,120
Clev. Mt. 'V. «fcD .June
Dakota Southern. May
19,039
80,314
10,347
IJeuT. & Kio G.-.lstwkJuly
23.308
15,008
400,013
Detroit &Milw... April
77,304
70,636
Dubuque&S.Citj-.lstwkJuly
13,184
12,218
499,434
Erie
April
1,127,079 1,280,881 4,699,716
Gal. H. &S.Aut-.M,ay
88,254
66,478
443,975
Open Low.
nn
IB
Mon-ls* Essex
1
.
.
"
."
i
LoLice Shore
Michigan Cent
H.
—
—
"H 78Mi
I1H«114>^
pref.
lUlnolaCent...
K.Y.C.&
columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. 1 to, and including, the period mentioned in the second column.
Latest earnings reported.
.— Jan.l to latest date.^
EARNINGS.
Week or Mo. 18/8.
1878.
1877.
1877.
.$251,000 $185,731 $1,498,383 $1,036,071
Atch. Top. & S. F.June
Atl. & Gt. West. -April
270,372 303,142 1,108,863 1,103„574
641,716
Atlantic Miss.<fc O.May
125,208 123.614
028,109
Bur. e. Rap. & N.lstwk July
20,313
15,906
813,814
444,014
011,491
Burl.& Mo«B.in N.May
145,754
344,672
50,130
Cairo & St. Louis. June
18,100
19,984
103,357
123,741
Central of Iowa. .May
62,842
45,355
5S
i
Erie
Han. «
do
Friday,
July M.
39
N..1.
Chic. Burl.& Q.
&
[Vol. XXVIl,
.
Highest.
Lowest.
77 12 7734 09% June 8 85 Feb. 11
104 »4 100 104i4July 5 108 June 22
*15% «15
15 Mch.29 18 May 25
»30
*35
3312 Jan. 4 39=8 May 14
Liouisiiina coiiBols
Missouri Os, '89 or '90
North CaroIiu.'V 6s, old
Ttmuesseo Os, old
Virginia Os, consol
do
2d scries..
do
C. Nil.
:
.
47,184
82
90
15
385
200
100
latest railroad earnings
July
75i4Feb.
98 Jan.
47 June
021-2
13
13
Jan. 22
82i£ Jan. 7
13 July 2
29% Feb. 5
4
and the
73
Mch. 20
92I2 July 19
8 105
July 17
14 521a May 8
51%Fcl). 25
95 June 5
1934 Fob 25
37 Junel.'")
totals
from Jan.
.37%
94
11878
4218
73I4
43 7g
37% 09 12
8212 1051a
11
1078
15
2512
3078
4=8
74 12
77
15
7
1578
17
40 12
45
3;t78
35=8
51 14
74 14
79
73%
921-2
85 14 109 14
21-2
1278
80
43I4
36
81
13
1978
July
19.
Prime bankers' sterling bills on London.
Good bankers' and prime coimnercial
Good commercial
Documentary commercial
Paris
(:
raucs)
130
84=8
105
00 14
59%
90
24
45
1 to latest
dates are given below. The statement includes the gross earn•Ings of all railroads from which returns can be obtained.
The
00 days.
3 days.
4.83
a4.S3i2
4.82i2®4.83
®4.80i2
4.85i4®4.86
4.81 @4.82
4.80ia®4.81i2
4.84 ®4.85
4.83i2®i.84i2
5.19%®5.10i4
5.1712^5.14%
5.17i2®5.14%
5.171235.14%
5.20=8®5.17i2
Antwerp
(francs)
(francs)
Amsterdam (guilders)
11%
20I4 Swiss
59% 73
50
91
;
5.19%®5.10i4
40 ® 4018
94=8® 9478
94=8® 9173
94=8® 9478
91=8® 9473
Hamliurg (rcichmarks)
Frankfort (reichinarks)
Bremen (rcichmarks)
Berlin (reiclimarks)
Boston Uauka.— -The loUowing
4.80
401,1®
40%
9514®
9514
95 13
951.1®
9514®
95 14®
05 12
9513
are the totals of the Bogton
banks for a series of weeks past:
Loans.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
S
S
t
2.f90,9no
6,2:4,200
5I,5r'2,9rO
25,527,600
"4.
I2-i,rM.-,00
127.( aii.ioo
•i.iirr.Kio
8.B81.««
5J,1.']6.100
2,5,372,700
July
1.
128.621,703
2.fi33,S0O
6,1-75,100
42b26,701
8.
12'J,849,001
2,451,900
5.917,800
2o,^!61,400
51,5'<3.469
July 15.
130,70 ',900
3,4«<,'3U0
5,i0ti,400
52,775 300
53.-«1.000
52,285,800
2.5,i'4-?.400
.luly
23.339,200
41,130,751
1878.
June
Juno
17.
*
40,871,3:5
39,168,858
)
July
THE CHEONICLE.
20, 1878.J
New Tork
1
. . ..
.
BOSTOn, PHIItAOBLPHIA, Bte.-Oontlnaad.
Baukn.—Tho followinff 8l»tement8howB the
Oily
condition of the Asso'Uifd Hanks of New York City for t'le week
ending ut the commoiiceraent of InialneH on July \H, 1878
— AVISIUliK AMOUNT OF
l.'Tal
Not
ClrcnlaLiana and
Tenders. Do,>oslta,
tlon.
Specie,
Discounts.
Cap't.l.
Bank».
t
S
«
t
816,800 10,8ii8,500
9,'41,600 4,3»?,500
40.000
8,000,OfO
Now York
63
:
BSOVBITIIB.
Bttf.'ABk.
M.OUO
a.0A0O3
5,3 8.20)
.'iTl.xOO
S,'.tW,5i0
5,'.lll
MiTctiints'
(1.937,'X)0
l,>",8fl0
8,nil,!IOil
«,8UN,II
l'(),()00
Mt'cluuiictt*
S,0U0.0(»
6,081,500
8.719,000
iMUO
Northern of New Hampshire
Norwich A Worcester
OKdensb. A UCbamplaln
pref.
do
X
Old Colony
Fortland Bdco & PorUmoath
liOl.lOO
4,5
172,0
PiKMiio
135,i):0
KuiUi'd.prefrrred.
Verniunt& Massachusetts
,
Mnnlintlnn CO...
3,1
Villon
1,«U,00U
America
s.flno.ooo
1,0 0.000
i'hwulx
1,0(1000)
l.'OO.aiO
Triid smell's
Fnltoii
6 O.OUO
Clium'c»l..
..
300000
MorchiinlK' E.xili. 1.000,000
<'ltv
(iallatMi Nnit<iiiul l,M'.O.OJ(l
tOO.iOO
Bulilu'r.H'.H Dr.iv.
M.oli:inici'
6"0.00:l
Tr.
iirniiHiih
..
Kovenlh
96i,aiM
8,1011.500
2,'i:>8.'00
O.SIO.SOO
).tOO
.150,010
1,».V.,0(X)
231503
Worcester
3,n4,'01
SlX.-lOa
TTO.SCO
l,5io,ino
9 577.503
«6,t00
3.-«B,0
210.000
61 .MOO
5,8().-),6|i0
8.->7,;fl0
3.4'»(HM
22i,ail0
8TA.TB ANI» CITY BONIW.
Pcnna. M. K'd, mt ,reg. orcp.
do 5a, cur.,re<
do 5ti. new. rog-,189MW;
3.S».">,"llO
2i I,' 00
«M,0uO
W-.dflO
8i,a»
9,8n0
240,010
181,300
877,101
17,700
2')9.4iX)
2,l<i8,900
Wiiril..
8«;,300
1.5S7,500
12,265,0.0
16,68 .'.iKK)
4,801,600
SOO.ilOO
2,03J,7liO
1,873,8Ij0
45i)'6('l6
l,87fl.-200
I,.'.fl0,ii00
Chalham
46(),OfH)
People's
41iJ,?,03
S.2Jl,00J
2.6:7.700
i.svi.ooj
1,608,3*)
5, son, too
sao.w)
I,ain.oo0
1.(00,000
St. Niobolas
1,000,0
Shoe and i.e«lher*l,(JO0.i0)
Exchange . l.COI.OOO
Marine
Importera'&Trad
Park
Mcch. Bkg. Aes'n
Groci'rs'
Norih Itiver
East Itiver
?J,800
4'r>.0(IO
30J
ii,(m
2:J8.503
1.709.-400
3.1)00
81.200
73,3.0
427.103
232,400
2y«,500
2>i.tOJ
738,903
1,713 900
277.303
707,703
2.407,600
41(3.100
',701.00)
1,
1.8^i8.!!03
3 317,0.))
40V000
3 .-ioS.DOO
3.852 IX)0
1,2S6,9J0
2,131,000
1,500.0(0
15.2.12,300
2,00O.0iX)
10,870,700
6 6.900
510,100
3OJ,O0O
500.00)
30 j,000
240.000
250,000
...
Manuf'rs' & Mer.
100.000
Fourth National 3.5 0,000
Central N.itional.
Second National
Ninth National..
Fir-t Natiooal...
S,Oi).i,0(jO
336.700
12,307.;00
6,975,000
30V 00
2,(130.0110
Third Nation.il..
N. Y. Nat. Exch.
Bowery National.
New York County
OetmanAmeric'n
250,OOJ
2 0,C0)
750,000
7.M,(XX)
3.186,100
300,000
6.8 0,7C0
1,00',(K'0
4,515,600
1,142.100
wn.im
luc.
555.300
4.7(»
750,900
1.15B00O
2,122,0.11)
17,4,'-2,300
317,nu0
1,11)5,530
13.414,200
471,103
502,930
763,930
54
00
306,400
1,628,600
1.950,000
Inc.
627,71)0
441,8l:0
94,400
10,810,(100
6,47«,flO0
l,04'l'.i(i3
2.144,000
3,307,600
8,191,0.0
5,61i,203
819.703
889,103
i70,0,.0
l,3li.-).000
51 4,2i;0
239,4
735,300
269.3U0
S2.l,000
l,'i85,.M)
180,000
1.934,400
Circulation
L. Tenders.
Specie.
t
t
37..382.900
16.
82.379.400
33,326,400
37,116,900
39„545,90O
210,301,700
211.713,000
212.132,003
210.S91.600
16.
242,859,900
24(,«59,103
216,456,200
216,320,300
242.978,90)
34,h77,C00
34,845,600
23.
30.
24I,5'ii<,;00
39,031.5(10
241,590,900
88.767,600
36.623.700
35,436.800
240.';49.1O3
236,019,400
232.113.400
33.011,i.OO
3;.935.<.03
27,
4.
11.
18.
23.,301,."X10
3,585,1*
229.936.400
S3J,030.700
30,031,900
~"
27.469,500
233,1 22. (iOO
2.3.(130,200
25.
2i.3.9l)7.2i>3
19.S2.M00
1.
231.049,400
8.
2.16.!3J,'03
234,1139,100
6.
13.
'.
lozH
do
do
exempt, rg. ft coup.
C>>nnty 68, coup
City 6i, coupon
78, reg. ft coup.
do
—
Atlantic
pref
do
do
Calawlssa
pref
do
new pref.
do
Delaware & Bound Brook
East Pennsylvania.
Elralra* WUUamsport
do
pref..
do
Har. P. Mt. Joy & Lancaster.
Huntingdon ft Broad Top...
do
21
as
.
.
3:5,97H,nOO
33.1.37.900
30,655,900
30,326,200
29,605,700
29,425,400
26,637.000
28,666,100
32,186.000
34,933,800
38,435.300
38,613,000
41,020.100
44,023,900
47,318.003
47,8:6,400
213,9.3:1,400
215,155,9:10
215,085.100
211.938,300
210.378,400
204,661.200
201,926.(.00
202.053.400
800,875.000
199,074.000
.
t
t.
.
2'.l.OS8,00O
199.686,100
198.985.300
199,867,900
W.7rA.i(M
19,687.100
19.781,200
19,806.900
19,838.503
19,885.100
19,910,700
19,906,300
19,913,31)0
~
""
19,944.(00
19,959,200
19,982,400
20,021,800
au
CANAL STOCKS.
Delaware
19,911,1)00
111.979,600
:339,0>3.<1.32
2\4;i',(X10
.53,'.C6,300
235,884,100
203.965,600
2I3,8!«,700
23l,120,'0O
a.-,018,600
55,E56,:300
217,411,1,00
19,i2.',10)
£05,785, COO
52.466,900
68,99o,300
374,239,182
391.913,811
Schuylkill Navigation.
pref...
.361,641,610
34*.4n3.r53
3,53,.550.2I!
376,809.113
let
102
Br., lBt.78.l90d
mort.
PIIILAUKLPIHA ASP OTHER CITltS.
78, '88
loa
Uld. Ask.
BOSTON.
BSCUBITrXB.
Bid. Ask.
9artford& Erie 78, new
>Brden8burg& Lake Ch.Ss..
Old Colony, 7b
do
«a
68
lliuii[iBhlrc6s'!!
Vermont ofe
20H
103
38-X
W'maport, ut m.,78,'60. 104>^
Ss.perp
do
Harrlsburg lat mort. 63, *81..
H. ft B. T. Ut m. 78, g>ld, '90
'M m. Ts, gold, '93
8d m.cona. 7e, '95»
Athena iBl g d, is.,'90
Uoitones, currency..
Omaha AS. WeMerD,88
Paeblo
..
A Ark.
....
Valley, ?8..„
Rutland 88,l8t mort
Verm't C. i8t m.,7s
'ermont & Canada, new 88.
;
5«. .
VermoutftMaa8. KU.,68
Aich. * Tcp'okaistm.'iJ!;!!;
STOCKS.
I05i
land
grant 7> 104p 10*
AtchJ^on & Topeka
<J0
do
2^7,
8i*
Botton A Albany
°
land Inc. 3a..
Boston
«„.!„
ALowell
i
10-H
Bolton a Albany 7b
Boston & Maloe
..
do
to
„ ,
Boston & Providence
Boston
ft Lowell 7»
BarllnKton
Mo.
&
In
Neb.f.
Iloaton j;, Maine 79
Cheshire preferred
Bostonai i.onfii «8
Cin. Sandusky ft Clev
Boston
5«,gol(l
1I3J4
..
Chicago S'iwersEe 79
,MunlLlp«17s
„„i'
rortland
,
,
I'rovldence 7'
.\io,, land erant 7a,..
ft
Burl,
ft
Concord
ritchbnrgKi;.,if3........
...
do
7B
Kan. Oily Top. ft W.. 7s, lat
do
do
7s. Inc..
,
Faatern. Mass., SVs.
n»w
134«
i03y 104
10*>W
33
4X
,
Connecticut River
Conn. A l*B88utiip8lc
Eastern (Maes.)
RastcfR (Nev Hampshire).,
KitchburK
Kan. City Top. & Western..
108X 10B*6 JfancheBier A Lawrence....
9»H ^lashtia A Lowell
do
Seb. 8a. 1891.... 118«
do
Neb.98,l*i3
HO
Conn, ft Pa<sami>slc, 7>:, 189;
53«i 60
,
,
Vf-w
tEiilghts.
York A Npw
15M
5;S 57^
i!n
103
Ist
"
m.6s,
"
CIn.ft Oov. Bridge et'k, pref.
Uln. Ham. ft D. Ist m. 7s, '80
do
Cln.
Cln.
Ham. &
2d m.
Ind., 78.
Indiana
ft
78. 'dS.
guar
st in.7s
do
2d m.78, '(7...
Colum. ft Xi>nla, let m. 7b, '90
Dayton ft Mich, Ist m. 78. '81
do
2d m. 7s, '84.
do
3d m. 78, '8i.
Oaytonft West. l8tin.,'ai...t
Ist m., 19(6
do
iBtm.fs, i905
do
Ind. Cln. A Laf. :st m. 7a.
do
(I.&C.) I8tm.78,'i
UUle Miami 63, 'tS
Cln. ilam. ft Dayton stock.
Columbus ft Xcula stock...
Dayton ft Michigan stock.,
do
8. p.c. st'k.gnar
Little Miami stock
1,017 IMVIIiLR
t
6s,'82to'87
68,'97to'9«
t
t
water 63. '87 to '89 +
water stock 6s,'97.t
wharf 68
t
spou'l taxes of*39.t
Lonl'vlUe Water 6.. Co. 1901
do
do
112)j;il4
(
2d m..
IftM) 7i>,'811
IS
ex pa-l-due c .npons
'43- '44.
*48-.49.
do
do
do
2dm.. "8, 'p. .'93
dcbeu., cp., '93*
do
cps. off.
do
do
do
scrip, 18)"^.
In. m.78, cp,1396
do
do cona. m. 7b, cp..l9il..
do cona. m. 7b, rg.,19:i..
do cons.m.t»it,g.l.i9iI....
do conv. 7s, !t!98*
do
78, coup, off, ^93
do scrip, l8Sa.
Phlla.ft
Kead. C.ft
I.
deb. 7b,v2
Lou.
10««
In.
do
8t.Lottla 6a,loig
do
do
do
do
ao
104
104
St.
tiV
S8«
102)i
6», '»3...t
Consol. Ist m. 7s, '98
Jefferson Mad. ft Ind stock.
Loalsvllloft Nashvlle stock.
ST. Lovia.
46
28
02
>
Loulsv. ft Nashville—
Lcb. Br 6«.'»6
t
1st m. Leb. Br. Kx.,7s,'80-SS.t
t 102
103« 104K
water u, gold ...t 1«>«
do new
do
bridge appr., g. ta t- 101
renewal, gold, ts.tiil^H
aewor.g. 8s, '9.*8.t
Lonla Co. new parlt,K.63.t
cur. 78
do
t
San F. Uli. bda, acr's A
do B
do
do
do
do
do
C
8t.L.ft
Knirland..
* In default of Interest.
105
11
t
Louls.ft Kr'k.,Loul8T.ln.68,'8
Ist
lOO'Hi
do
78
t 103
ao
7i»s
tiloS
do
South. KR. 7-30s.tl 99W
do
do if, gold t| Hi
""
Hamilton Co., O., 68. long.,
GO
78. 1 to 5yr8..t
do
7 ft 7-30», long.t
con8.m.6 rg.,'1905
do
do
cons. m. 68. cp.. 1905.
Navy Yard Ss, rg.'sl
do
Perklomen 1st m.63,coui).,'ii7
PblU.ftErlc istm.63, cp.,6i
do
2d m 78,cp..'38 00
Kead.
13
13M
1st m.,78, 19(16. ..t
Lonlsv.C.ftLex. 1st in. 78,'97.
ft
10J«
2S
100
Pennaylv., Ut m., 68, cp., 'SO..
gen. m.68,cp..l9i0
do
gen. m. 68, ig.,19I0.
do
Pblla.
110
100
110
70
105
'
Jeff. M.ftl.lBt m.
,
134
74
104
I
do
do
do
do
do
do
Tlt.usv. ft B., 7h, cp..'9G
do
scrip....
)906.
25
C
1
m., gr.,'90,.J.& J.
do Ist m., 890, J. ft ,1.
do 2.1 m., guar. , J. ft J.
m., pref.
do
do 2d m.,gr. by W.Co.J&J 100
do 68. ;jd 111., guar., J.ft J. 108"
Mar. ft CIn. 78, '9i, F. * A ... kO
m. U>)i
North. Punu. Ut m.68, cp, 85.
2d m. 78,cp.. '96.
do
do gen. m.78, ep.,1903
do gen. m. 78, rug., 190"^
Oil Creek I8t m. 78, coup. ,'8;,
Pa.&N.Y.O.ft RR.78,'96
JW
As, 1880. .I.ftJ ... 100^103
63, 1885, A.*0.
.104 iiO(J)i
i0Ul8Vllle78
68,' p. ,19 3
Little Schuylkill, lat
rmsb.
113
V9
.
cou. m.,63,rg.,l9^3
do
IS
9
1
.
Junction Ut more. 6^, '82. ..'.
do
2d mort. 64, 19 X) .,
I.. Sup. A M189., Isr m., 7s g.
Lehigh Valley, l8t.63,cp.. 189S tOSH
do reg., 1891
do
103>,
do 2 m.,78, reg., 1910 lis
,
Ma«saohueettii,''>ii, gold....!..
I
El.ft
do
do
Ohio
5
I«
CINCINNATI.
ft Atl. l8t
A Bound
A
Cincinnati Cs
31m. 63, '^7..
Camden ftAmboy 6j,coup,'d3
'89
»3^
Sorthern (;eutral 6f>, 'Ss, JSJ 103 lOB
do
68. IIWO. A.ftO. 100
10»
do 63, gld.l900..I.d:J. W)
yz
Cen. Ohio 68, l8tin.,'90.»I.&S. WiJ^ H4I
Inc. 78, end.. '91
do
do
do
130
Baltimore (tas certlllcatea.
People's Gas
Belvldere Dela. Ut ra., 68,1902.
Ho
2d m.6s. '8j..
Ithacaft
Ohio
100 10
do
Wash. lirancb.uo Uo
do
ParkersU'g Br...'iOt- 1
Balt.ft
do
2d, M.&N
do
8s, 3d, .J. ft J
Union RR. 1st, guar.. J. ft J.,
do
Can on endorsed.
MISCELLANKOUS.
D.-1.
38J,6a8',SH4
3-.l,3«4;i6:
232,72,I,-.'0Q
BII.<T(I,M.
20«
20>i
coup.,
no
IIH
111
111
112
a
Lehigh Navigation
MorriB
do pref
Pennsylvania
illO
111
.110
W. Md. 6s.
4l!l.2lil,:-il!9
439,523,543
301,572 687
216..'.l'l,0U0
231,7 3,700
aiOUBITIXS.
.do
m
PlttsbuiK Tltusv. ft Buff
United N. J. Comp^mlcs
128
West Chester cousol. pref....
West Jersey
East iVnn.
lOA
110
.
00 6s,et«inpt.'.>S.M.ftS. IH
do
19«), .1.4.1
109
do
150;,J.ftJ
110
Norfolk watiT, 8s
Ho
do
381.41.3,323
42«,!SI1,360
411,44-',0.>5
.
im
Bait.
63.
70
W. V«. .Id m..guar.,'S5..I&J 05 10.5
1«M S.
PlWsb.ft Conncir8V.78,'9ci..J&J »i<^, B3
ft
do
do
...
1>>8I
I
Kead ng
Phllalelphlaft Trenton
Ph'la.WHmlng. ft Bsltl-nore.
Cam.
J
.J.ft
JJorthero Cenlral
60
40
Si
iW.fStcrn Marylanl
4<!
jCentral Ohio,
so
100
9SK
Pittsburg
&
Connellsvllle..50
1«M| 18«
n.^lLR >AI> B'lNnS.
41
41)4
mort. 6*, '89. ..
m. 7b, g., 19T3
21 m., 78. cur., '80 lOiMj.
do
Cam. ft Burllngtun Co. 63. '97.
Catawlasa Ist, 78. conv,, S2.
chat, m., I0.s '88
do
new Ts 189J
do
ConnectlDE 6-». 1900-1904
Dan. H.ft W.lk8.,ls[.,78, '37.
Delaware mort., 63, various.
400.609 6-;0
377 110.111
401,.592 977
373,731 072
359 353'3 '8
6s. boaiftcar.r.f.,l9;3
7s, boatftcar.iK..19 5
BAILKUAD STOCKS. Par.
8
I
New
....
Pennsylvaila
343,070,334
289 487,491
23.012,300
20.005,800
19.934.900
19,909,900
19,934 203
19,823,900
iOi.2n,S0O
49,.50'2,900
.340,214 147
344,10.5,462
19,99.3,300
20,03;;,100
17,011,200
16,801,200
17,105.2
15.069.700
11,311,900
dUUTATIII.VS IN
Maine
OT
K
;w-
Philaielphlnft Erie.
do
88.1.
:9.0.
6', 189(1. quurlerly.. 1(>7
Hi!
5s, quarlerly.
!00 !105
Baltimore 6j. Siii.quirlorly.
il K
I'irt
do 6«, 886, .t.«.J
lOH
do 6», 189', qimrlerly... lOOSi 110
do 68. park. ISSO.li.— M. 108
do 6«. 1893. M. ft S ..
115
44
do
.
do
do
40«
Neaquehonlng Valley
NorrlBtowu ..
Northern Pacific, pref
North Pcnnpylvaula
ft
in 7s. rg .1911
Marylaodus, d fcore,
do
6s, exempt,
pref.
Lehigh Valley
Little SchuylkUl
PniUdeiphla
1st 6<, rg..'9<
0., c|i.,'18.
BALTIinORK.
coupon
.....
63, conpon ..
KAILHOAD STOCKS,
do
n
...
^nsquchaonaes. coup., .y.8.*
Camden
Camden
Delftwttre 6s,
'Hi.
ichuyllc. Nav.lst m.titrf .'97.
do
2d in.C«. r^., ia07
Allegheny Val.,7a-103, 1395...
Jo
7s. E.ext.,1910
Deposits. Circulation. Agg. Clear.
t
Jan. 15.
Jun. 22.
Jun. 29.
301,800
are the totals for a aeries of weeka past:
34.146,900
20.
do cons,
"to "3, it,r.iin[>.. rez.f'-iS-se*
68, rug. and coup...
ft
P. 1st ni. 7s,
Vlorrls. hoat loan. rex..
Pennsylvania 6s. coup..
RAILROAD BOSD8.
31,2.30.000
6.
13.
U4H
N. Ji^rsey
Utirrteburg City
*V7
Oelawa.-e Division
191*.
Ac
m. 7s.
Lehigh Narli(sni.,a',rcR..1M 10414
do mort. UK., rg..'^'. IMii
114X
do m. CO V. K.. r- K..'ii4
do inort. gu.d. VI
Susquehiinna
24;i.l5;.S00
9.
78, w'L'r ln,rg.
Cmden
t
m MH
'
...
5s, reg. & ci>.,
Cs.gMdreg
Chesapeake
Dec.
241.275..'S01
2.
rog
6a. old,
Alleghi*ny county 5i, coup...
.^IIughony City /8, reif
PlttHburg 4s, coup., 1913
do
Erie st
ft
Oliesap. ft Dcla
reg
6a,n., rg.,pr!.»rto'9S Hit
6s, n.,rg., 895ft over
do
do
do
-iUDbury
barren*
Mlnehlll
I
2.
9.
83.
do
do
do
f).s
Iwa-3
Phlla. Wllni.ft B.it. M.'SI
Pltts.(:ln..t Kt.L.onls7s.!m
thamok.n V.ft t>olt<T 7s. I9DI
Hnutinnv. ft Ind. '.st. as. iMt
Stony Crotrk 1st rn. la 9J7..
West Chester cons. 7s. *9i ..
West Jersey 0s. dcb..coup..'a3
do
1st lu. As, cp., *M.
do
1st in. 7s, '»J
MTestern Penn. UK. es.'p.aN
Us r. B.,'M.
do
oaKAt, BONfn
«8, lO-ir., Tcg„\*Tf'Si.
6s. IR-a'). reg., ISSi-'yJ
6*. In. Pl^ne, reg.,19i9
Phllttdo!phla,
I,
as last week.
Loans.
*
1878.
June
Jane
2I5,.30
:
The following
July
July
1,081.600
1,917,200
c5.5
2,096 IKlO
I
No reiiort; same
May
May
May
May
l,002.i'00
444.lr.0
8,014,100
1511,200
603.000
141.500 1,012.900
631.700 2,015,6u0
631,100 2,101,900
56,400
207,.300
14,000
255,000
871,000
381, JD3
179,103
5,400
devLAtioDa from returns of previous week ara as follows
Dec. $2,395,900 Net deposits
Inc.. $3,591 S'O
LeRaltonderi
Feb.
Feb.
Feb.
Feb.
Mar.
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.
Apr.
%0
L-l.tiOT
65,425,230 234,150,100 -25,043.600 55,556,300 217,411,500 19,522,100
Loans....
Specie
*
66,
5.000
108,6 10
1,198 703 2,43i;i00
335,000 1,641,000
3
1,8,-0,100
41,8)0
2.30.00)
11,930
435,1X31
123,003
1.317,400 3,72r).000
6^0,900 3,665,500
1 30,900
28,200
.\300
16). 103
25,t00
175,803
do
do
do
7s,
A(k.
epf.oS
llDlonATIiusr. ;>t m 7s. 'M.
(Jolted N. .1. cons. in. 6s, *01
DelftWnre Division
Total
The
318,(100
Sli,5IO
7-i2.800
71.3,900
.
.
l,ai7,10J
S3 1,5110
l,759,HiX)
1,94
l.-.'JO.iKK)
I
S,B9l,9
1,196,403
1 617.30)
I.St.^tlO
1,992,100
10,751.000
1,831.200
2,470,:0
Com
Contlncnial
Oriental ..
8 i 1,709
74.300
3a.500
3'i6,0i)0
IIV.OOO
175,600 1.03l'.,303
55.3,100
28,100
3i«,000 3,7.^9,030
l,928.i:0i)
Mas«>a
JUrkct
191. (HX)
180,1.03
Republic
1
4^.(Kl()
».13<,000
11.7:1,100
,
Nashua
ft
PHIIiADBrPIIIA.
S2,8:)0
1.7'iH.(K)0
UOO
2,9->7,3i,0
•2.3.^03
S,O0O,0ilo
937,800
45'',30J
611,600
709.30)
230.3)0
702,50)
258.600
3,2;8.'I00
.
1I!0
8,35'l.40
1,000.000
483,700
..
86,70.)
2,062,
50J,7(X)
SOt.OOO
195,000
2.70«
251.003
£8r,l)00
MiTcaiitile
Pacific
Ir%lng....
1
42.^,7lX)
a,.wD,s;o
3 ',600
2 19, too
Metropolitan
2116.001)
1.451,600
1,00(V,000
Cit;zins'
B93.100
3,00 .',800
2 128.6 13
vsi too
1,058,000
1,7,-6
5,000,000
'CO.OOO
9,4!)J,()0fl
l.<)42,100
749,71)0
3!<4,5:i0
Broadway
l.'On.OOO
500,000
1.217.900
1,141,00.1
Commerce
North America..
Hanover
•a
34:.»00
278.000
t85.30O
l.f!)? HO(l
do mofi.,
A Arknsai
9li«,lt0
600,^00
Slato or N. Y.irk.
fOO.OOO
Ami'ricanEiicb.. 5,000,000
'3,1100
Bid.
intll.ftR.O ft! deb. 7t.
do scrip. li*(
.
2, 1 68,0 JO
4,f;00,,100
SOUOO
.Mdtiufra
1,1-atliii
T.-'iOO
7,4a't.!i03
l..Wi.lOO
l,40i.(OJ
817.800
&
700
I....
89
•BcrniiTiBa.
t And Interest.
M
0««
I045i
.
..
...
.. .
.
—
......
.
..
.,.
THE CHRONICLE.
64
[Vol.
8.
~
active Sailro ad Stocks are guotei
Bonds and
Prices rep resent the per cent value, whatever the par may
on a premous page.
be.
STATE BONDS.
BXCtTBinXB.
AlaoiuDa 5a, 1883.
5e,l8S6.
do
Bid.
.
8
20
20
20
4
do
do
do
78,
78,
4
4
107
106k
...
107%
78, gold bonds...
Illinois 68. coupon, 1879
...
100
100
100
do Warloan
Kentnclc;6s
Ohio
—
Canal Loan, 1878
do do ..1891.?
1892
do
do
do ..1893
do
^lorth Carolina—
68,old. J.& J
A.&O
do
100«
121
7b of
70
70
50
iO
J.& J
..A.&O
.
lOlJi
104
wm
105
^ew
icisii
!0,SH
do
•>
Virginia
68,
«8,
6b,
6s,
»
9
g
2
2
&0
Special tax, Clasa 1
Class 2
do
Class 3
do
Ohlo68.1881
.
•
&
A.&
»l
.SO
411
J
O..,.
68,
6s,
68, old
new bonds,
do
consot. bonds
ez matured coup
deferred bonds
D. of Columbia 3-65b, 1924.
do
small
do
registered
6s,
104
a
Wl
34
!fH4
«0
20
•M
70
55
27
1S66
186?
68,consol., 2d series
3
41)
.HO
...
new
new series.
do
««
bonds, J. & J
A.
do
106
104
13S9, J.
1889,
1888
44
.SO
Non-fundable bonds
Tennessee es.old
18
15
15
do
..
do conp. off, J. & J.
do do oil, A. iO..
funding act, 1866
1868
do
iob
LandC,
LandC,
.
N.C.KR
103
6b, cp., *93-i
Soath Carollaa SB...
Jan. & July
AprllA Oct
Funding act, 186«
....
68
68,
<B,.
106^
68,1886
Rbode Island
...
il3
113
1887
gol3, reg
do coap..!887......
63,
6s.
do loan. ..1883......
6b,
77
'
...
68,
25
:
108
.
endorsed.
..•1
4
lOa^
new bonds.
••'
4
Connecticut 68
fieorgla 68
•
6s, new
do
68,new float'gdebt.
do
7b, Penitentiary
do
68, levee
do
do
B8, do
8s, do 1S7S
do
do
88, of 1910
7b, consolidated
do
do
78, small
Michigan 6b, 1873-79
68,1883
do
do
78, 1890
MlBBonries, due 1878
1882or;83,
do
do
1886
do
do
1837
do
do
1888
do
do
1389 or '90....
do
do
Asylnm or Un.,due 189,^..
Funding, due 1834-5...
Han. & St. Job., due 1836.
do 1837.
do
BBOUBITIKS.
Ask.
New York State—
51
51
Si
51
51
51
51
68
Lonlslana
I
Bid.
BB0URITIK8.
Ask.
BKCUBtTIBB.
Ask.
43
43
43
43
,
8s, 1886,
do
88,1883
do
8s, M. & K. RR.
do
Bs, Ala. & Cll.ti
do
88 ot 18K
do
8sof 1893
lo
Arkac^as 6a, funded
do 7s. L. R. & Ft. S. las
do 73 Memolits & L.K.
do 18,L. K.P. B.&N.O
do 7s, M18S. O. & R. R
do 78, Ark. Cent. RB..
'
XXVIL
NEW YORK.
QUOTATIONS OF STOCKS AND BONDS IN
171
...
4
3V
8a
35
35
56
4^
am mi
;
RAIIiROAD AND MISCELLANEOUS STOCKS AND BONDS.
Kallroad StocKs.
(ActiveprenVuaW guoi'ci.)
Albany & Susquehanna.
Burl. C. Rap. & Northern.
.
80M
Central Pacific
Chicago & Alton
pref
do
"so"
103
Cleve. Col. CIn. &I
Cleve. & Pittsburg, guar..
Col. Chic. & I Cent
Dnbnque & Slonx
City.
21H
»-% 83
4
.
Krlepref
Harlem
JoUet
&
Chicago
Long Island
Missouri Kansas
& Texas.
New York Elevated Rli..
N. Y. New Haven & Hart.
pref
MI»sISBippl,
Ohio *
Pitts. Ft. Vf * Ch., guar.,
special.
do
do
Rensselaer & Saratoga
Rome Wft*ertown & 0(f.
Bl. Louis Alton & T. H
.
do
.
Lake ShoreMich S. & N. Ind., S.F., 7
&
do
&
Ash., oldbds
new hds
new bonds...
& Erie,
& State Line 7s
Kalamazoo .t W. Pigeon, Isi
Det. Mon. & Tol. ,1st 7b, 1906
Buffalo
Buffalo
.
pref.
Lake Shore Dlv. bonds
Bellevllle&So.Ill.,pref.
Bt. L. I. Mt A Southern...
Bt.L. K. C. & Nortirn.prel
Terre Haute & Ind'polls..
107
9J
do
do
do
do
4H
Cons.
Cons,
Cons,
Cons.
21«
Yonkera Water, due
Union & Logananorc 7a...
Un. Pacific, So. Br, 68. e..
West WlBcouBln 76,g.,new
76
78
tiai
88. 18S9-'94
:.30s
107
100
3.
1903
40
102
Bur. ft Mo. RIv., land m. 7b
convert. 8s. var. ser.
do
Cfllroft Fulton, lat 7s, gold...
111^
110^
California Pac. RR., 7a, gold
6s, 2ara.g.
do
Central Pacific, 7b, conv
.
Central of
Keokuk
111
111
101J4
7s,
gold.
68, 1892
M.&S.
7s, gold, 1892- 1910.. J.&J.
7s, gold. 1904
J.ftJ.
10s, pension, 1894.. J.&J.
ft
73
92
77
102
38
Atlanta, Ga. ,7s
88
75"
Waterworks
95
89
Anguata, Ga., 7s, bonds. ..
Charleston stock 68
Charleston, S. C, 78, F. L.
ColumbUB, Ga., 78, bonds.
40
Lynchburg 68
Macon bonds, 78
Memphis bondi C
ill
Bonds A and B
llOK
Endorsed, M. ft C. RK.
llOH Mobile 5s (coups, on)
Pt'oriaft Han. 88..
Fox K. Valley 8s.
tl02
«"S tllO
HIO
Warsaw
&
88
Sulncy
S7a
Marietta
miacel'ons Stocks.
110
llDOIs Grand Trunk
l'l>i 11154
Mich. Cent., conaol. 7b, 1902...
27
Atlantic & Pan. Tel
62
Chicago ft Iowa U. Ss
, ^ _
8b (coupons on)
m.
8s. i882, s.f. till
1st
do
Telegraph.
Am. District
18M
23
'as
Chic, ft Can. South Istm.g. 7a.
too
6b, funded
equipment
bonds.
do
13
Canton Co., Baltimore
63
61
Chic,
ft East. HI. l8t mort., 68.
Montgomery, new 5b
7e
New Jersey Southern 1st ra.
28
American Coal
17
23
do
.2d
m.
Inc.
78.
10451 105 >^
New 3s
N. Y. Central 6s, 1883
25
Consolldat'n Coal of Md.
Chic ft Mien. L. Sh. 1st ,Sb. '89. 170
103k 106
Nashville 6b, old
68, 1887
do
Cumberland Coal & Iron.
90
Chic, ft S'th western 78, guar..
105
6s, real estate..
do
6b, new
"i"o"
11
Maryland Coal
05
Cln.
Lafayette
ft Chic, I st
105
6b, BubBcrlptlon.
New Orleans prem. 5s
do
154 157
Pennsylvania Coal
V. 1st 7b, 38 yeara. 102
Consolidated 6s
do & Hudson, 1st m., coup .... 1181^ Col. & Hock
Spring Mountain Coal. .
98
do
1st 7b, 10 yeara.
}.... ;llS>t
Ist m.. reg.
do
Hiillroad, 6s
do
Mariposa L. & M. Co
90
do
2d
78,
20
years..
"8,
110Ss|112
s.f.,
ad m.,
188f
Wharf linrrovem'ts,7-30
Hudson E.
pref.
do
do
Connecticut
42
Valley
78
7656
Cjnada South., 1st guar.. ..
6s
Norfolk
S-<H
Ontario Silver Mining ...
10
Connecticut Western Ist '78
120
Harlem, lat mort. 78, coup.
Petersburg 6b
Railroad Uonda.
Dan. Urb. Bl. ft P. 1st m. 7b, g.
30
7b. reg...
do
do
8b
(Stock Exchanae Prices.)
41
Denver
Pac,
lat
ra.7a,
ld.gr.,g.
North Missouri, 1st mort
Richmond 68
Boston H. A Erie, 1st m.
Denver ft Rio Grande 78. gold.
63
»8W
Ohio & Miss., consol. sink. fd.
Savannah 7a, old
guar. ...
do
Dea Moines ft Ft. Dodge Ist 7s.
W8>|
consolidated
do
78, new
Bnr.C. R & North., Ist 5s.
Detroit
ft Bay City 88, end
•t'-o
3d
do
do
Wllm'ton,N.C.,68,g. j coup
Mlnn.A &t.L.,Ist 7s gua
Erie ft Pittsburgh 1st 78
99
istSprlng. dlv.
on.
do
1
88, gold
Chesa. & Ohio 6s, 1st m..
85
do
80
con. m., 78..
Pacific RailroadsKAILROADS.
dft
ex coun
23
78
do
78, equip...
106
Central Pacific gold bonds.
Ala. ft Chatt.lst m. 8s,end.
Chicago & Alton 1st mort.
105
Evanavllle
ib'i"
&
Crawfordav.,
ts.
«2>«
Joaquin
branch
«2H
do Sau
Receiver's Cert's (yar's)
do
Income. tl05
Kvansvllle Hen. ft Naahv. 78..
40
OOJs Ul
do Cal. & Oregon Ist
55"
Atlantic ft Gulf, consol..
Jollet & Chlcago.lst m.
lOBH
Evansville, T. H. ft Chic. 7a. g. •45
.I
do StHte Aid bonds. ... 103}»
Consol., end. by Savan'h
La. &Mo., Ist m.. guar..
Flint ft Pere M. Ss.Land grant. •»3
87
100^2,
Land
Orant
bonds..
do
'»7H
Carolina Cent. Ist ra. 68,g.
St.L.Jack.ft Chfc.lat ra. tib'ti
Fort W., Jackaon & Sag.^s, 89
'l"02
Western Pacific bonda
Cent. Georgia consol.m. 7b
Cblc. Bar .A Q. 8 p.c.latm HI
Grand K.& Ind. '.st 7b, Lg., gu. "ill
ss"
Southern Pac. of Cal.. Ist ra.
Stock
con80l.m.7B 112« 112«
do
85
do
IBt'.s,!. g.,notgu.
82
Pacific, 1st raort. b'ds i05'54 106
Union
Charlotte Col. ft A. lat 78.
59 sink, fun 1
do
50
do
1st ex 1. g. 7a.
45
tl08
108>4
grants,
Land
7s.
do
Darlington 3a..
Uherawft
Ch.P.k.l &P..B.f.lnc.68,'»5. ties
100
Grand
Ulver
Valley
Ss,
t«R
1st
m*.
Sinking fund...
do
East Tcnn. ft Georgia 6s..
68, 1917, coupon.
108
Houston ft Gt. North, lat 78, g.
62
BO
108M
Pacific R. of Mo., Ist mon..
B. Tenn.ft Va. 6B.end.Tenn
6a, 1917, regiat'd
108
Rous, ft Texaa C. 1st 78, gold.
"
»:^ 93
mort
do
2d
Central of ^. J., 1st m.,'90
E. Tenn. Va. ft Ga. Ist.
87
11S«
do
West, div
S3
Income, 78.
do
Stock
do Istconsol..!^
do
91
86
do
Waco
84
iBtCaron'tB
do
7s
RR.
do
do
KBsented. 173
Georgia
do
consol. bds..
72
South Pac. of Mo., let ra
"60
do conv
do
6s
90
Indianapolis & St. LouIb 1st 7s
Pennsylvania KR—
do aSEcntcd.
stock.do
73
Indlanap. ft VIncen. lBt7s, gr..
118
Pitts. Ft. W. S, Chic, Istra.
'65
Lehigh & W. Bicon.guar
Greenville ft Col. 7s, 1st m.
08114
International vTexas) Istg...
80
2dra.. ii2.« .:::
do
do
do asseiited.
do
78. guar.
Int. H. ft G.N. conv. 8b
19
10
do
3d
m
do
Am, Dock dc Imp. bonda
Macon ft Augusta bonds.
85
Iowa Falls & Sioux C. 1st 78.
91
t89
Cleve. & Pitts., consol., s.f.
....
do isaented.
do
2d endorsed
64
Jackson Lans. ft Sag. Ss.lstra. tl02 105
106
107
4th raort
do
Ch.MII.& St.P.lst m.Ss.P.D 122 J^ 124
Stock
Kal. .\llegan. ft O. K. 8s.gr...
93
VKHi
415i! 42
Co!. Chic. & Ind. C, 1st uiorl
2dm. 7 310, do ?.... 110
do
Memjihis ft Cha'aton iBt 7e
Kalamazoo & South H. 8s, gr.. 172
...
14
do
2d mort
do
do
lBt78,fg.,U.D 103
106
Kansas City ft Cameron iOs... tl02 103'
37
Rome Watert'n & Og.. con. Isl {32
do
1st m.. La CD. 106
lock
103
Kansas Pac 78, g..ext.M&N.'99
6B
67
108!< 109
St. L. & Iron Mountain, lat m.
l8tm.,l.&M.., ;i02«
do
.Memph. ft Little Rock Isl
do 78, g.,rdgr.,JftJ,'80 95 100
'
do
2d m.. J^O I....
do
do
1st m., I. & D.
.'kHssfsBlppI Cent. iBt m.
100>«
7s,
32
do
do
MftS,'86
26
103
g.,
100
H.,lat
mort
Alton
&
T.
St. L.
lBtm.,H.&D. lOUh, ....
do
2d mort.SB
94
do 6s,gold, J.ftD., lc«6
95
59
2d mort., pref..
do
coupons.
Istm., C.&M. ....
ex
do
mort.,
2d
106
do 6b, do F.ftA., ,895. 10254 lOSHi
23
2dmort. Inc'me
do
do
consol.slnk.fd lOOM lOOJij
Mies. & Tenn. 1st m. Sa, A.
37
do 78, Leaven, br., '96.
32
Belleville & S. Ill.R. Ist in. 8a ;85
2dm
do
100
..I Tol. Peoria & Warsaw, 1st E.D
lat raort.. 88, B
do Incomes, No. u
JO
Id
Chic. * K. 'West. sink, f d
llOJi 112
Mobile ft Ohio sterling 8b
do
do
10
12
No. 16
do
W. D. iiV
do
do
Int. bonds.
106
Sterling ex cert. 6s
do
Stock
6
do
Bur.
Dlv.
do
7=0^
do
consol.bds
8s, Interest
Keokuk ft Dea Moines 1st 7s.
73
do 2d raort.
do
ext'n bds..
do
2d mort. 88
do
funded Int. 8t
72
do conaol. 7^
do
1st mort..
do
N.O.ftJacka. 1st m. 8a..
100
103
Long Island RR., let raort.
Wabash,
Ist m. extend.
Tol,
&
do
cp.gld.bdB. 101
Certificate, 2d mort. 88.
105 J^ 106
1015s
L03>, Loulsv. ft. Nasbv. cons. m. 78.
ex
coupon..
do
1025i
reg. do
do
101
t....
do
2dm.. 78. g..
^8
8;>» 88!.^ .Sashvllle Chat, ft St. L. 78
do iBtm.St.L. dlv
Iowa Midland, Ist m. 88.
lOS
Michigan Air Line Ss, 1890
*;o6
105>, Nashville ft Decatur 1st 7s
75
do ex-matured coup.. ..
Galena & Chicago Kxt
Js
-Vortoik
ft Petersb.lBt
Uontclalr &G. L.lst 7s, (new),
to
45
85
do 2d morr,
,
Peninsula. Ist m., conv.
i"i"3
l6tmort.7s
3
6-)
do 2d in. 7s (ollm., Isls)...
5
09
do Ex & Nov. ,'77, cour.
Chic. & Mllw., Ist mort.
mort.
8s
108
'2d
K.ft
Te.v.
40
41
Mo.
Ist
7s,
19Ol-'06
10
g.,
do cfiuip't bonds
Winona & St. P., Ist m. lO'J* 101
Northeast , S.C, IBt m.
do
9
2d m. Income...
}30
do con. convert...
20"
do
2d mort. }83
2d mort. 8b
N.J. Midland 1st 7s, gold
23
Ex. Aug.,'78,& prev'B
do
.,
C.C.C.&Ind'slBtm.78,SF.
Orange ftAlex'drla, )ets,6s
i08X
?J. Y. Elevated UR.,lstm
88>i bO
Great
Western,
Ist m., 1888.
do
consol. m.bda {84">i 84%
;a8,6s
6
N. Y. ft Osw. Mid. iBt
4
104
ex coupon
do
Del. Lack. & West., 2d m. 106
3ds,8s
10654
34
do recelv'B ctfs.(Iabor)
27
66
2d mort.. '93
do
do
78, conv. tlOO
4tbB,88
25
do
do
20
(other)
67
Ex
&
Nov.,*77,coun
do
do mort.. 7b, 1907 lOSJi
ft Petersb.lBt 78..
Klchm'd
Omaha
Southwestern
lliK
ft
KU.
8s
Quincy & Toledo, Ist m.. '90..
Syr. Blngh.& N.Y. itt.is 102?4
Rich. Fred, ft Potomac 6s.
Oswego ft Rome 7s, guar
92
do ex mat. & Nov.,*77,eou.
Morris A Essex, lat. m.
US IIDH Illinois
mort.7e
2) 40
Peoria Pekln ft J. 1st mort ..
Iowa,
lat raort
&
So.
do
2d mort.
Rlcn.ft Danv. 18tconBOl.66
10754
78
80
Pullman Palace Car Co. stock.
ex coupon
do
do
bonds, 1901.
Souttiwc8t.,Ga .conv.7a,'36
92
do
bda., 88, 4th aeries
94
Han. ft Cent. Missouri, tst ra
do
construct'n
85
Southwestern. Ga., stock.
St. L. A I. Mt. I Ark. Br.) 78, g.
69Ji 71
LInc'ln ft Dec't'r.lst
Pekln
do
78, of 1871 JllO
412
St. L. ft San F., 2d in., class A.
47;« .J. Cajollna RR. 1st m. 7s..
10S)i
Western Union Tel., 1900, cp.
do iBt con. guar. XVI
7s, 1902
24
do
do
class B.
26
108
do
do
ret...
Del.&Hnd.Canal,lBtm.,'8i
7a, uon raort
22
do
do
class C.
•.i3
miBcellaiieons List.
do
do 189; 100 lOOJi
savannah ft Char.lst m. 7f
St. L.ftSo'east. con8.7a,gold,'94
25
35
iBrokem"
Quotations.)
do
Ist extended
100
102
Cha'ston ft Sav. 6s, end.
101
St. Louis Vandalla ft T. U. lat.
:05
do
coup. 76. 1894 10158
CITIES,
West Ala. 2d m. 88, guar.
2d, guar
70
75
do
do
reg. is. I89J 102
1st mort. 8s
Albany.N. Y., 6s, long
loa
88
ioe« Sandusky Mans, ft Newark Is.
92
Albany & Susq. 1st hds. 110!^ 103Ji
115
Buffalo Water, long
tioo
South Side, L, I., 1st m. bonds.
PAST
S9
do
ii do
SWJs 102K Chicago 6s. long dates
do
sink. fund..
35
40
t 93
Tennessee State coupons..
do
3d do
7s, sewerage
do
tlOISi 104 1(. South. Cent, of N. Y. 78, guar.
35
50
South Carolina consol.
'lo Ist cons, ana
7b, water
do
tI06
87
Virginia coupons
107K Southern Minn. 1st raor*.. 8a..
RenB. & Saratoga, Istcp 1I5M
do
7s. river Improvem't
do
7a, Ist
+103^^ 104MjI
98
Consol. conn
do
Istrci tU5
'Cleveland 7.'<, long
fl05
,
117
Tol.Can.S. ft Det lat7B,g
42 .
\ten'plilB City coupons....
* i'rlce nominal
^No price to-day ; the^c a. e latest quoiatlooB made this week.
t And accrued interest.
United N. J. R.
AC
125
& cm.
1st
coup., 2d..
tli)05t
reg., 2d
O. O.
ft
mort
.
m
70
65H
70
56J»
75
43
70
45
45
78
47
99^^ 101
,S2
65
tlOl
85
75
103
tllO«
tll2)s
10Z«
tlOl
OITIES.
U2«
tioox; lOlH
tioo^, 10!}^
Paul 8b
Bur. 88
ft St.
Carthage
Dixon
Iowa lat m.
Carolina con. 68 fgood).
Rejected (best sort)...
Texaa
Atchison ft P. Peak, 6s. gold..
Boaton ft N. Y. Air Line. Ist m
65
107
RAILROADS.
110
110
102
^06
tl07
110
1st.
reg., 1st,
various
Toledo
Toledo
n1(27)i
coup..
68,
88
p.c.
new bonds...
do
188.')-93
I07>t Sonth'n Securities.
Indianapolis 7-308.....
95
Long Island City
t....
{Brokers' Quotations.)
110
tioe
Newark City 7b long
STATES.
115
do
Water 7s, long.... 1112
Alabama
new consols. A..
101
tiio
Oswego 7b
B,58
tiio
lllH
Poughkeepsle Water
C
tiio«
Rocheatev C. Water bda., 1903.
Georgia 6s, 1878-'89
108«
Tol. sinking fund., tlO'^
Cleve. P'vllle
82
Hartford
108
4 St. Jo., 88, conv.
do
64«
do
108!<|108Ji
104J8 ....
Illinois
Cleve.
.
do
Han.
tllO
172
174
104
tlC5
Detroit Water Works Is
Elizabeth City, 1880-1903
1120
lo^Hl
mort.
Central—
Dubuque & Sioux Clty.lst m.
2d dlv.
do
do
Cedar V. & Minn., 1st mort..
140>s
Indlanap. Bl. & W., Ist mort..
2d mort.
do
do
4K
80
.
110
Ene, l8t mori/, extended
do 2d do 7b, 1879
7s, 1883
do 3d do
do 4th do 78,1830
do 5th do 78,1888
mort.,
g'd bds..
do 7s, cons.,
do Long Dock boBdB..
Bull. N. Y. & E, lBt.m., 1916..
9G
102
100
97
50
"62
97
100
103
102
100
58
79
07
100
65
45
45
85
45
20
20
33« 36
SO
'S5
35
90
—
90
34
40
.
.
.
.
MM
.
106
102
60
70
104
65
SO
«)
8
20
90
'30'
102
50
69
105
85
85
10
60
92
40
85
104
55
78
"ss
90
100«
40
1C5
.
.
96
1
iij'i"
102
62
6
84
8
40
:
I
I
(
'
—
I
STVs"
99
lUO
86
88
\0i
111
82« 83
60
60
40
.
.
.
m
.
'i^
,
m
DaE COUPONS
i
15
103
100
9J
100
oa'jn
62
62
45
20
110
I OS
lOOJi
ioo"«
94
91)
105
90
f.B
70
34
12
95
74
40
20
96
«5
100
72
100
75
to
5
RO
!04
104
15
40
15
78
30
74
101
84
10
40
106
1C6
,
July
20, 1878.
1
THE CHRONICLK
|
NEW YORK LOCAL
Bank
()5
SECURITIES.
Stock List.
Insurance Stock Llat.
[qnoutloni by B.
BAit»r. broHer.7 Plneitreat.]
Net
8.
COMrASia*.
Mark'dlhuir*)
are not Nal'l.
Lut
Inly
Anu'rlca'
Howcry
•W. 4
135
lOSSi
alway
m's
.July,'
W.
8cpt.
Hill's Head*...
iiiiii'liara'ADr,
'Illy,
Clifinloal
.May,
li'Uiua'
luly, 78,
Cuuiinerce
•July,
....
C'ontlnentuI
Corn Kxcli'ge*.
EMlKlvir
Ian.,
....
Avenue*.
Kirsi
",'•
Koiirth
tun
(rc'iiwlrh-.,..
litiiii'i Ceutral'
la"
'77.
...
&Mer.»
Mi.rin.
M.irii.t
-Mt'tlmnlcs'
Mi-'.h. .\88oc'n.
May,
Tr.
Nov.,
rcHlitlle
.M.T.-liante". ..
May,
Ju
Mi-rclianH' Ex.
.^IcLropolla".
Na88au»
"77.
'77.
'78.
y, '78.
July,
.
N. V. County..
N.y. N. Excb.
Ian.
No. America'..
North River*.
Oriental*
,
May,
.":
102
210
an
2U
3W
3
3
129J^
50
(10
US
"75
112
....
ft. stcholaa...
Beventh ivard.
Longlsl.dikn.)
Lorlllard
Manur.& Build.
Manhattan
Mech.&Trad'rK^
Beoond
July,
Shoe * Leather
Blxth
gj»te 01 JI. Y
Ju
MecIi'iC8'(Bku)
Mercantile.. .
3>,
Merchants'
Montauk (Bkn)
Naesan (Bklyn)
National
37^
N.y. Equitable 35
New York Fire 100
N. Y. & Boston 101)
5
'78.
4
5
May,
Third
TrBdeemen's.
Untoo
W«»SWe'...,
Jail., '78.
3
4
May,
Jan.,
The fl^nres In tbla column are of date June
date Jane Uti for iho state banks.
i
100>s
"78.
'78.
'78.
5
4
140
2yth for the National banks,
and of
Can and City Railroad Stocks and Bonds.
[0»« Quotations by Oeorge H. Prentiss, Broker. 30 Broad Street.
Oas Cohpaxiis.
grooklyn Gas Light Co
OlUzens'Oas Co iBklyn)
do
sertulcates
_
Harlem
,
100
2,500,000
Vr. 1,000,000
100 6,000,000
1,000 1,000,000
29 1,000,000
Va-.
700.000
100 4,000,00(1
People's (Brooklyn)
do
do
320,000
Var.
Var.
bonds
certlflcates.
New York
WUllamsbnrg
do
scrip
Metropolitan, Brooklyn
Municipal
100
Broadwav
ts
Seventk .4ce— stk..
mortgage
8rooklt/n Oit^—stock
1st mortgage
1st
,
Broaiioai/ (BrooiJj/n)—stock..
Brookti/n <t Biinttr's it— stock.
mortgage bonds
Bwihwtck Av. (Ctton)— stock,.
\Milral Pk., y.it ff. Kirer—stk,
ConsoIldHted mortgage bon. IS
Ist
Dry Dock,
E. B.
<t
aillei:^— stk.
Ist mortgage, cons'd
eUgktK ^luntM— stock
lat
tldSt.
lat
<*
Central
1st
Grnnd
mortgage
Oo*«
St
*«rry -stock
loion^ stork.
mortgage
Romlon, Weft »«.<tftni./'y—«tk,
mortgage
Second AttnuA
3d mortgage
1st
—stock.
....
Ciina. Convertljlc
Bxtenslon
Htxlh Anen.te- stock...
1st
morteage
Tkird .4r^i./e— stock
!i»t IU'>rt.(;li;rt
iKcnLu-ihira sireei—noeK.,.
1«l .n/^-t. .jt»o
156
80
100
82
B
5
M.&N.
M.*N.
1
Jan
,
'78 155
165
I80
.1«0
'78 130
'78 103
'78 Ti
'78 99
'78 72
'78 03
'78
80
May,
July, '7S 20
135
104
76
102
,
June,
Feb,,
Feb,,
July,
Feb.,
July,
May,'
Jan!',
'7.1
'"'78
Feb., '78
Jmy,
'78
Ju.y, '78
Nov., '17
1,600,000
90
70
75
95
60
«8
76
97
95
30
9««
80
85
85
100
67
98
Broadway.]
100
900,000
1,000
HU4,00(1 J.& J
100 2,100,000 Q-J.
1,000 IJiOO.OOO J.&D
It 2,000,000 Q-F.
1,000
300,000 M.«N
100
200,000 Q-J.
100
400,000 A.^ko.
1,000
800.000 J. ft J.
100
500,000
100
,800.000 J. & J,
July.
uly. '78 x5B
60
1.0<M1
U1<1
95
•.00
May,
'78i....
Jn.e, '03 101
Ju y. '78; ...
88
.'JOd.OOO
1.200,000
500&C
mortgage
'78 143
Var,
145
Ask
Apr
Quar.
[Quotations by H. L. Gkakt. Broker,
Bteeelctr 8t.it I'ultonferrv—tli.
1st mortgage
Bid.
July, '78 x73
ADr.,'78 95
Feb., '78 7,5
F.& A. •¥-
60
486,000 F.* A.
50 1,000,000 Quar.
Var. 1,000,000 J.* J.
100 1,000,000 M. &N.
*
5
1,000.1X)0 J.
Var.
Date.
3
M.&8, 5
M.&S.
4 J.
325,000 F.&A.
300,000 J. & J.
10
1.000
1
A.AO,
50 1,850,000 f.&A.
20
38.<,000 J.& J.
50 4,000.000 J.& J.
do
certiacatea
Matual.N. T
do
bonds
Nassau. Brooklyn
do
scrip
(few York
:.
do
do
25 2,000,000
SO 1,200,000
l.COO
Jersey City * Hoboken
Manhattan
Hetropolltan
Central o(
Amount. Period.
Par.
1
800,000
100 1,000,000
1,000
203,000
100
748,000
J.&D.
Q-F.
J.&D
8
J'ly,19fl0 92
July, '781 66
June, '84' 98
May, '78 140
Nov., '80~ 104
July, '78 135
Oct., '78 76
1888
100
75
190:
hS
10
892.121
20
138,119 20
280,000
800,000 -17,877 :o
S,008 10
200,000
104,808 20
, SOO.OOO
1,000,000 1899,4.36 9-80
;to
406.731
300.000
96,572 14
200.11(10
—1»,TH
10
111,728 15
154 588 itlii
97,688 19
'.iOO.IKXl
200.000
200.(KK1
204.000
— 1.3,400
1.50,000
10
80,788 12
4,078
686,951 10
6.53,aS9 10
116,162 18
301,874 65
150.000
200,(X)0
1,000.000
500,000
200,1X)0
•
191,01020
1.'50,000
1,000,000
3,2.56 6
55,7.55 10
t8,».i4 10
.•JOO.OOO
200,000
iiOO.OOO
2(H),0C0
200,000
200,0001
200,000
200,000
200.000
150,000
250,000
300,(00
250,000
10
10
12
30
20
20
108,888 20
788,612 15
200,000
200.000
60,747 II
203,785 20
12«
118,9J,'J
14,4X4 10
160 (W4 11-6
128,762 12H
52,184 10
146,366 20
168,584 20
228,643 16
221,003 10
408,142'20
Over
York:
mw
Water stock
1841-63
1B54-57
do
Croton waterstock. .1845-51.
..185-i-60.
do
do
Croton Aqued'ct stock. 18«5.
pipes and mains...
do
repervoir bonds
I0
Central paik bonds.. 1853-57.
..1853-65.
00
do
ISTO.
Dock bonds
1-75.
do
Floating debt stock.
Market stock
... 1860.
186.n-68.
Impr>vementstock.... 1869
....1869.
do
do
var.
Consolidated bonds
var.
Street Imp. stock
do
var.
do
New Consolidated
Westchester County
Feb.,
7
6
8
6
7
6
6
7
6
7
Ma
lay,
May,
'78 ;(i8
July,
Feb.,
'IKJ
95
lit
102
100
Mftv, •93 100
103
'7s:
100
but the date 0! maturity of fronds.
15
1'2
luly, '78
10
12
July. '77. 5
July,
125
'78. tii
10
lo:J
5
July, '78,-6
185
40
80
100
110
I'lil'y.'
30
VO
40
20
40
5
10
'78. "6
120
140
12S
July, '78. 7
July. '78. 8
July, '78. 7)»
280
Jan.. '77. 5
y, 78. 3St
70
ju
20
10
20
10
10
10
10
12
12
10
10
10
10
12
12
10
10
20
10
20
20
'uly, 78. 5
July, 78. 5
July, 78. 5
Jnly, "8. B
July, '78. 5
July, '78. 5
-Mar., ';8 5
July, '78.10
10
Jau
20
10
10
10
10
July, •78. 8
July. '78. 5
20
20
10
11
14
10
12
20
30
20
30
20
10
10
20
July, "8. 7«
July, 78. 5
13
10
Ju
,
'7o.
ii»
100
70
i'i'()
90
90
180
110
9S
6
y, '78. 5
July, '78. 8
July, '78. 6
Ju
"m
y, '78. 6
140
Jnly. '78. B
July, '78.10
108
July, '7^.10
July, '78. 5
July, 78. 8
July, 78. 5
July. '78.10
Jnly, '78. 5
18
20
16
14
20
20
20
17
Jl:ly. '78,10
'78.
7
ib"
10
12
30
20
20
20
20
ib"
12
July,' '77.
5
11
Apr., '78. 5
July, '78,10
Feb.,
20
152
188
180
Jnly, '78. 5
20
20
July, '78. 6
July, '78.10
18
July, '78. 6
20
Ju y, "78. 5
Jmu,, '77. 8X
lg« lg^ July, •78. 5
10
10
July, '78, B
13
12
July, '78. 5
25
20
July, 7810
IHH 18
July, '78 8
10
10
Feb., '78 4
11-55; 12 35 July, '78.8-23
July,
8. 5
15
il7>ii
Feb., '78. B
10
18
Jan , '78. 7
July, '78, 6
20
July, '78. 8
16
10
Jan., '78. 5
'e'o'
6'S'
110
1:0
120
210
105
180
110
113
50
240
11&
TO
90
7B
100
120
ISO
TO
150
80
130
107
88
Inly, '78.10
hio
IPS
160
120
120
130
100
135
114
199
•,^00
tThe
surpln*
Bonds
Bid
due.
101
1878-1880 100
1878-18791100
loa
1890
lOlM 108K
1883-1.S901108
1884-1911 101
18M-I«0(>
1907-191 r
6g.
6
7
ft
lOft
103
117
1(J9
1(17
108
1878-1,898 101
103
107
100
116
117
lOB
106
100
117
105
1879-1880 102
108
1801
do
do
do
do
do
101
US
ica
:i4
109
102H 106
18,88
1IC8
1109
>107
I879-1.8S2 102
1886
1884
July,
do
Ask
118
106
1
[Quotations by N. T. Bk«r«. Jr.. Broker. 2X wall «t.l
Brooklt/n— Local lmpr'em•^
18-8-1880 101
,' inuary ft J uly,
City bonds
1
»
do
..
bonds
do
....
do
no
do
'.
May
.
do
ft
do
do
do
do
do
do
November.
January a July,
do
do
Park bonds
Brldg-
1881-1895 105
191B-19-J4
118K
iioy
1903
Il«<
1918
1802-1005 lOS
1881-1805 104
1880-1883 103
1880-1885.102
1924
106!^
1007-1010 107
*A1I Brooklyn bonds tiat.
i«
Oct.
15
15
10
12
do
do
do
do
do
January
do
116
May,
6
«
1877-1895
1901
18H8
Aug.ft
Nov.
1878
Feb. .May,
May ft November, 1881-1897
60
Apr
•7«.
y. ^78.
B
5
8
11-45 12-50 luly. •78.675 158
190
80
20
•>!>•-• '78.10
107
14
Joly. '78. 8
4
10
3
Jan., '77. 8
20
15
Aug., '78. 5 i'l's
do
do
do
do
May ft November,
Feb., May Aug.ft Nov.
do
do
do
do
May & November.
.10
July, ^94
Apr., '78
•in'y. 77.
.Jan., '77.
July. •7u.
May Aug.ft Nov,
uly. '901105
BOO
500,000 J. * J.
100 1,199,600; Q.-F.
ise
5
5
28
do
do
do
do
100
Not'.'1964
•"
Months Payable.
60
96
24
85
60
M.AN.
250,0(Xl
180
lao
18
INTKBKST.
40
91
13
83
45
96
S.TB.OOO
600.000
200,000
17«
tQnotatlons by DAXiitt. A. .Mobak. Broker, 40 Wall Street.!
Bridge bonds...
"Water loan
City Donas
Kings Co. bonds
100
?^e'>.,'7(,,io
y, '78.10
'78.10
i"|y.
Peb..
—
126
115
'78
OS
100
€Ity Secarltles.
115
Apr., 1)3 105
May,
10
10
25
100
140
100
Jn
all liabilities. Including re-Insurance, capital and scrip,
shows dL-ficIeude^.
represented by scrip la deducted.
•
do
Jar., '81 100
ion
8
20
20
20
20
20
23
114,918 20
211,737
103.519
323,998
200,000
200.000
200,000
210,000
178,79;
200,000
200.000 -26,CJ t
-8.8! 4
200.0.:0
600,000 448,830
124,141
350.000
200,000 424,88:<
102.581
200,000
150,000 206,026
20
10
8
78. B
T. "78. 7
July. '78. S
Jan., 'Ti 4
Jan., '77. 8
Jn'r. yi. 6
June, 78.10
66
200.000
200,000 No flg^s,
25.010 lb"
200,000
160,000 128,148 20
500.000 553,388 10
98,478 10
200.000
3,000,000 1,018,703 10
1? 0,000
20,481 10
600.000
134,060 12
200,000
101,169 12
89,470 13
20(),0(X)
200.000 t96,818 10
195,000 20
150.000
280.000
48,840 20
151,093 20
150.000
136,918 10
200,000
57,83,^ 10
150,000
200.000 tl34,848 16
.300.000
80,494 10
182,806 10
200,000
850,000 208,004 14
•2IX).000
268,2(^ 30
150.000 177,028 10
48,042 10
200.000
200,00(1
.'"If. '78.
J"
6
20
20
20
20
20
BK. Ask.
Paid.
'''«
10
Water loan bonds
100
ttocXii,
150
102
85
10
10
Bg's,
i'l'd
1,000
*Tulj colamu shows last lUvldeua on
150
110
109372
—8,613
do
do
1,000
I
101
10
4
Prtrk
J.* J.
J.& J.
M.&N.
A.&O.
1,000
1S0,0<XI A.&U
1.000 1,050,000 M.*N.
600AC. 200,000 A.&O.
100
750,0<X) .M.*N.
1,000
415,000 l.Sc.l.
100 2.000,000 Q-F.
1,000 f,0OO,0(X> I. ft J.
600.00O I ft J.
100
1.000
260.000 «.ftN.
12
95
70
10
8
7S,I77
Dg's,
!:00,'42
153.000 204.88:) )0
t320,«7ii
20
a<xi,ooo
170.4IIH 20
210.000
|
,
10
IS
IS
200,(100
Niagara
North niver....
'78. 3
'78. 3Ji
Jan.,
city 100
50
25
Pad lie
25
Park
100
Peter Cooper... 20
50
People's
Pheni..! (Bklyn)
50
Produce Excb. 100
50
Relief
100
Kepubllc
100
Kldgewood,
25
Rutgers'
100
Satcjuruard
St.jflcholas.... 25
Standard
50
Star
100
Sterling
;oo
Stuyveaant
25
Tradesmen's.... 25
United States.. 25
Westchester... 10
Wllllamsbg C
50
10
m
IS
No
200,000
New York
3
y, '78.
Jan.,
100
25
50
25
100
100
25
50
50
50
60
50
3
3
3
.Ian,, '77.
50
...
Continental.... 100
40
Kagle
Umpire City.... 100
100
Emporium
80
Lxctiange
60
Farragut
17
Firemen's
Firemen's Fund 10
Firemen's Tr.. 10
100
Franklin
German-Amer, 100
60
Germanta
50
Globe
25
Greenwich
100
Guaranty
Guardian
100
Hamilton
15
60
Hanover
Hofltean
60
100
Home
25
Hope
50
Howard
Importers^ft T.. 50
100
Irving....
30
Jefferson.
Lamar
Lenox
July, '78. 4
July, -TS. 3
July, '74. 3^j
Feb., '78. 3
Aug. '77. 2ii
Phenlx
Produce*
1(K)
Kings Co.(Bkn) 20
Knickerbocker 40
Lalayette(Dkn) 50
'78. 8ii
inly, '78.
gjoplea"*
Republic
3
'78. s^i
'78. 4
'78. 4
Feb.,
J8n.,^77.
July, "77.
July, '74.
July, '71.
.Ninth
FwlUe'
P»rk
siH
2H
.May. '78.
..
95«
lit)
5
•lulv, '77. 3
Jan., •;«. Sii
.Inly, '78, 5
iiuly, '78. 8
.
.Metropolitan ..
Murray Hill-..
yori*.
825
325
July, '78. 5
Feb., '7''. 4
July, '76. 3M
Jan., '78. 5
July, ^78. 3« 100
12(1
J«ly, '78. 4
M.miiNttan'....
Fire
Commercial
3
.
Leather Manuf,
New
K
Columbia
18,356
»,3I4
No
Lwt
IH7B, 1876. 1877.
«1 1,702
SOO.lXK)
17
20
70
100
80
City
Clinton
commerce
July, '78. 7
July, '78. 4
Jan,, '78. 3
Irvlnz
M
78
'78.
Inly;
.
..
Imp, & Traders'
M.ihlcs*
7fl
May,
(.I'Oc.'rs*
City
8
May,
May,
(.rri.Hiila'
Hanover
no
Apr.,
3)i
Feb., 74. "
i.iillatlii
1.' niiau Am.*.
(..rniim Kxch.*
Mii...r.
Brooklyn
IIS
'78.
'78.
AM..
Citizens'
7«. 3
;
'Uly,
May,
.11
Island
Bowery
Feb., '78. 5
liM
July, '78. aji
July, 7«, 8
Oct.,
7. Hi,
lllh Ward'....
Fifth
loo
20
60
25
loo
25
PdO*.
1,
1878.*
200,000
200,000
400,000
800,000
200.000
200,000
200,000
loo
American
,60
American Kxcta loo
Broalway
78. 4
711.
.lUtna
Brewers*
'78. S
'78. IS
3
May, IS. S
ciiy
Adriatic.
Arctic
Atlantic
B
3X
Hl'lS,.
Cti.iiliain
Jan.
Amount
Par.
Amity
Inly, •;7. 4
Ju y. •78.
rnitral
Klftli
11
July, •78. 8
lir.\v.T»'*Or.«
111.
Bid. A>k.
May, 78.
Kxchaliffo
.\iii
COMPAHIU,
I'ald.
OiTisoDe.
Pnrpluii,
[Quotations by C. Zasripkii'.
Jerney
Vay~
Watei loan, long
1869-71
do
1866-69.
Sewerage bonds
Assessment bonds. ..1870-71.
Improvement bonds
1868-69.
Bergen bonds
4'
Montgomery
St..
Jersey CIty.l
101
loa
1806
Jannaryft July.
1899-1802 1107
108
January ft Juiy,
1877-1819 100
do
101
do
1881
Jnly
107
* Not,
Jan., May.
1V08
108
107
J, ft J. and J ft D,
January and July,
VXM 106 llOO
1
lum
1
:
)
;
:
TMil (;kkoNi(^LE.
Cliesapeake
%nmsimtuis
The annual
ib
•afeoch montb, and farniBhed to
No
Cbroniclb.
published on the last Saturday
only a sufflcient
sabncriberg oi the
sold at the
printed to supply regular
May
3), 1878,
....
$U9
to
'
fKO
fo-iQ
The expenditures
for the
01 680
same period have been as follows
For matciiuls,
Piirchn.«e
<if
repairs, wages, taxes, salaries, rents
real estate
For e.Tpenses incurred during tlic year ending May
from rev( nue of the pa^t year
For U. S. taxes in dispute since IS72
ANNUAL
amounts
.!.....'.'...'.'.!
Supplement are
in that shape.
REPORTS.
$60 910
'.'..'!'
31, 1877,
5 80!
j'tOl
!!!!!!!.!!!'!!
Add in^ertst on funded debt
Add drawbacks and overcharges
.',
! !
'300
and paid
Total expenditures
Manchester & Lawrence Railroad.
For the year eniing March 31. 1878.
The annual
report furnishes the following:
rever.ue from tolls for the year ending
From other sources
Balance on hand May 31, 1877
all recrular
single copies of the
•abecribers.
(
& Delaware Canal.
May 31, 1878.)
The
number is
One number of the Supplement, however, ia bound
op with The Financial Review (Annual), and can be purchased
office, as
XXVIL
(For the year ending
STATE, CITY AND CORPORATION FINANCES.
The iNYESTORs' Supplement
fVoL.
.'.**.'.'.'!.'.',"'
$68~9I8
iio'ji^rt
!!.!'!!!"!!
2'359
S19 894
*
says that no important changes have
occuriei in the ailairs of the campany and the condition of the
property during the past year.
BM.A9(CE SHEET MARCH 31, 1878.
report
May
Balance in Treasurer's hands
The
31, 1878
$47!a45
condition of the contingent fund
Securities
on hand May
is
as follows:
31, 1873
$114 700:
Cash
.'.*.*.','.'.!'!!
9*234
LiixbUities.
Capital stock
V,.
3iot s payable.
Dividends unpaid
locomc and expense
SLOOP.OOO
$183134
ggjijjg
While this statement shows a decrease of revenue from tolls
forth- year just ended, as compared with the revenue of the
previous year, amounting to .$18,367, it also shows a decrease of
expenses ol $30,870. This reduction of expenses has been eff.cted
without endangering tliH safety of the canal.
The company has no floating debt all charges havinjr 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
improve."
OENERAI. BALANCE SHEET, MAT 31, 187S.
5,458
S9,6!!l
Total
$l,li4,048
Assets,
The following statement shows
upon the books of the treasurer
Copslrnctlon
Telegraph line
BooKsett branch
the property of the corporation as
it
!*.!!*..!!'.**'.'
...
Hewcar account, V>rmont
Concord, Manchester
appeire
$1,000,000
4 770
,
&
Central
18000
.'....'.'..'
.'.'.
LawrcLce Railroad
17'353
.....!.'.'...
3!',0
Cdfih
Mount Washington Railroad
Soncook Valley Kiilroad
North Wtare
5l'924
Oo'ouO
Oo'ofO
'.'."..','."
scrip
iiallroad
..i.'.iT.
'oJO
Total
$1,154,043
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 ti^ht of them, because
from them originate many ot the points which have so loU:; been
in controversy between'ourselves and the Concord Railroad
These matters have, to a large extent, been recently
veibally agreed upon, but as yet not gone so lar as to change any
aecurities iu the hands of our treasurer or to authorize thu direc
tors to make any change in the statements of our liabilities and
assets.
This must still await the adjustment of iien-s in each of
the several accounts, about which questions have arisen thai can
be very easily tettled by slight mutual concessions, fully justified
by a desire to agree, which, we believe, governs both parties."
•directors.
receipts and expenditures.
the books of the corporation
•exhibits the earnings and expenses on the 1 ne of the road on
account of the connecting roads, together with the sums paid us
by the Concord road on account of the use made of our joint
property, and from other sources in which this road has an interest
in common with that corporation.
—
Cr.
Capital stock account— composed of old. new and united stocks
$2,076,038
Stock scrip account being hilanc-j of sciip held by stockholders at
thi< date unconverted into stock, part of stockdividetds declared.
1 175
—
Mortgage loan— due
iu 188o
1,993*7^0
8l,07J,tti3
Dr.
Cost of canal—This includes all paymetts made for construction,
repairing and conducting the company's works to May ill, 1878.
The account being charged with a'l interest, dividend" and taxes
paid. ai.d credited with tolls rccdved. rents on real estate, interest
on money loanoi, &c., to May 31, 1878
$3 699 '',19
'.
Coijlingent fund account 'nvestments, &c
..
'i23'934
Dividi-nd fund account— Stock and tcrip of the Ches ipeake & beliiware Canal Co, after deductitg stock dividend of 18'.9 from the
stock held by the Canal Co. andstock issued fromc»nceled or converted loan purchased to this date. (See Canal Comoany's report
of 18,9)
f.
175,675
Mortgage loan of the company.
!!!!!.'!!!!!!
66
Real estate account— proi)erty puiclused on the line of the canal in
th« Slates of Delaware and Maryland
26,C21
Baance May 31, 1873
!."!'.'.'!!!!
47,345
—
.
The following statement from
RECEIPTS AND EXPENSES.
t^R1l>;
»OT,iir.
^''''™'"''
Concord
Railroad, on account, for six
months ending March
report
shows the
38, 1878.)
results of the year's
bueinees as
follows:
i
.'.'
!.!.'.'.'.".'.'.'.'.'.'.'.'.'.V.'.'.:.'!
Net earnings
—showing an
35,67:
$171,777
11,3:8
the net earnings for the year
which two dividends have een paid of five per cent each'.!;!!
,
Expenses
3,646
3.5,178
31, 1878
Expenses
leaving a balance of net earnings
Bailroad.
(For the year ending February
The annual
34,417
173
"^ account, for six months ending "SepVomber' 30,'
Making
From
& Meridian
Receipts.
From passengers
Fre-gh!
Kents. ...
Express.
Mails.
'*^*'5£°'^'l
$4,072,963
Vicksbni^
tlm
4"8
ico!obo
of.
j^jj
$430,428
307,064
$1?3^1
increase of $18,7-43 earnings and an i icrease of
expenditure of only $1,209, notwitlistandins that $13,.584 more
were expei^dcd than the year previous
for
new
rails.
The President says: " We feel satisfied that the business of the
company hasg-eached its minimum, and that, with our i;nproved
connections becoming more valuable each year, aud the fact that
the property of the company is being maintained, we have a
future before us that gives promise of better things than we have
been able to predict for several years past." Nothing is said in
regard to prospects for interest payments.
which has been added to our account of income and expense.
The Treasurer's report fur the year gives the followingtonnage and passenger statistics.
There have been |30,723 of preferred slock issued durino- the
The statistics of the freight and passenger business of the year, which makes a total issue of $1,036,378. The toBmige^dues
Manchester & Lawrence Railroad for the year endiLg March 31
on the river extension amounted to $7,936, being an amount
'
1878, were as follows:
The number
of tons of merchandise transported were
upward
Uomber of tone,
Samber of tons downward
:
!'.!..'.!!!'.!!".!!!'.!!!'.!
Total
1>s-^4T7P9
83 176010
48,515.793
—equivalent
to 777,239 tons one mile, a decrease from the
last
17,638,507 tons, tqual to 413,980 tons one mile, which
of
principally from
follows
upper roads.
of passengers carried during the year
Number of
«-j,_,,
lineal
Passengers,
To Boston* Maine Railroad
From
Boston & Maine Railroad
Eavtern Railroad
Bastern Railroad
...!!!.;;
'""
To and from upper roads
Tfom Nashua & Rochester Railroad........ .......!. .'.'.
From
To
was
loss
th'j
The whole number
«s
year
7RS
fiO
was
Carried
one mile
flit-l
c
**
15Bu
?7iQ^'.
ll'ioR
Vyli^i
44a
it'?7?
07157
A^ri'u-.i
Im
'
"
M
9?
^'*'
115.872
TioT.lM
—•.decrease from last year of 4,829 passengers, but an increase
of
mileage in their transportation of 386,892 miles.
pay the interest aud about $3,.500 ol the principal
which on Feb. 28 was but little over $53,000. The floating debt
on the 28th Feb. was as follows:
suflScient to
Rills payable, outstanding Feb. 28, 1877
Bills payable. Issued during past fiscal year
Bills paid
during past
»fi4 ^'!^
..'..'..
.'.'.'.'.'..'.'.
'.'.
fiscal
year
Due on open account and pay
total of
rolls
*77 14.
.!.!.!!....'........'.'..'..'...'.'.
..
Froin which should be deduct d, amonnt'paid'oi' j'udgments.'
'accinn't
of bills payable.
..„..".
Total amount of floating debt Fob. 28 187S
1877
Showing a decrease of
19']
78,'(55
Bills payable, outstanding Feb. S8, 1878
Due bills Issued for wage*
Making a
m'mI
X149
...'.'....'.;;.!!
i'tm
10*4^
"»89^99
'
»48«
t64 572
*m'fiK6
$31*933
In bills payable, outstanding, are included
$39,000 issued in
purchase of the river landing, the payment of which was
expected to 1>» met by sale of certain lots in the city of Vicksburg
set aside for that ourpose.
JULV
THE CHHONICLE.
20. 1878.1
iNoom iOcousT o»
Atlantic MlBHUHlppi ft Ohio.— A member of the KogUtb
committee objects to the plan which has beea
1877-8.
ro-ori;nni7.atioD
Dr.
RtUroofi c«rnlnB»-Pa»Min'er iccount
Frolnht
First, that this re-nrganizaproposed, for two principal reason*.
tion (cheme takes away from the bondholder his former Mcarilieg, leaves him without any, and enables those who mty work
the scheme to stop payment of interest without being liable to
Second, that the "purchasing commitbe called to account.
tee U a permanent and irresponsible body, formed for the purpoi»
of exercising absolute and oevor-endlDg control over the rallro«il
aud Its management, and It is no protected by certain clauses ia
the scheme that it cnnnot be interfered with, not even if it ruins
the line and renders payment of interest hopeless."
The reason for this is that the re organization scheme in artic)»
4 'akea awny from the bondliolders tbe right of foreclosure ia
caFe of de'ault in payment of interest.
Ho says it is not a sufScient answer to those objections to a%j
the " purchasing committee " consists of honorable men who wilf
not take undue advantage of the peculiHr position they haT»
created for themselves. Bondholders, aa men of business, ought
not to be asked to rely upon character alone.
Baltimore & Oliio. The board of public works of the Stai»
of Maryland have received in settlement from|the Baltimore
Ohio Railroad Company $100,510, being the amount of all claims
Also the gum of $306,00013
for taxes on the gross receipts.
bonds and $370 in cash, in compromise of the State's claims arising out of the former one-fifth passenger receipt tax on th»
Washington Branch from April, 1872. and the five semi-annaal
The bonds are of
five per cent dividends to December 31, 1877.
the denomination of $1,000 each, 6 per cent, running ten years.
These paymens are in accordance with the terms of the act
passed at the last session of the Legislature, and since accepttd
at a meeting of the stockholders of the company.
*Jw'!^
S>*-'5-J
b,u4o
,,
jmitl
MOB
>
IiicidcuUl tVcelpU
1 110,433
Lot* due
<'licir;;>'«
bjr
4.8JS-
Bjrauls »inl coi dactors
^._.
3B.3;i7
f mid rpcclp'« from toralKO roadt
rtctlvod froraagi'iiU
KX.-ll
.
^*;.ll(I^y tinlHiici*
IIIIIm
6I.6*\
5,116
.
pnynMi!, l»fuid
Billa r.ciivablu. collected
l-J6
Inlcrori nccouiit ...
Lnml aold
5,371
Rcni» and whaifajfc from river landing
Balance Kcb. i8, 127S
)0,-«1
1657. S-3
Cr.
Railroad iipcndllnreB-ConductlngtraufporUUoD
^j/^A
''>'"„
Molivi' l>owor
New lociano Ivoi
Maintenance ot way
New
W
Si.,
|*
••
rail
Ma:m.Mianceofc*rB
Newofflce
—
;'SJ
9Mi_ti,!,
2633—313.
'O''.
Ch"Ig«« advanced to aienlB
Pjld lorelKD ri alt
CoutlnKcrit oxpeusea
Ocnerjl wilarlcs
*"
°;
J^'
Tax accouoU
i''*
BilU payab!e. paid
'J-
Mill* receivable, ftcelvcd
Interest, dl«connt ana exchange.....
KL>al estate puichased
•;•
",
*
••
Extcn*ion tonnage dues
Cash from land sales (Gray and Kennedy inorlgage), used In purchase
of bond*
Intcre-t on fnnded debt
',
|i
**»
Bxtensioii to Ml8-]0-ippi liver
Franklin Bank of Kentucky, settlement of judgment...
Wm. Mc(>'ulchen, jadsmcnt
Balancj February J8, 1877
*
",
$857,273
319, leaving 151,408 acres unsold.
The work of the year was as foUowa
The earnings
68,013
118,132
...
IIis(»llaneoas
1877.
is:6.
$511,903
Kxpenses
Net earnings
90,5')3
19,11-)
1S,81J
lO.iOl
|(i8:,'63
Exp«n«s
890,796
u,m
413,197
$^96,266
t22J,043
Neteamingj
Earnings for the first half of the year were liiht, owing to the
grasshoppers and poor crops, but in tbe latter half they increased
very Jargely, especially in the last four months.
The income account was as follows
:
Balance, December 31, 1876
$96,609
Netear.inas
Loss and giin
2sl6,S6-i
373
$396,M9
Total
Right of way claims
Pnrchas; of shopsatHokah
83,812
8 i.i'OO
Land
40.915
Interest on mor.gage debt
Balance, December 31, 1877
15,7fi7
85,(;04
,
21S,883—
37'.,389
$81,910
The floating liabilities at the close of the year were $65,511 ;
floating assets, $87,430; balance of assets, $21,919.
Unusual expunditures were made for renewals and repairs.
There were 312 miles of track laid with sleel and 8'53 miles
with iron rails, and 131,755 new tits put in, A new iron bridge,
134 feet long, was built to replace a woodfn one, 1,910 feet of
pile bridging renewed, and other bridges repaired. There were
225 feet of trestle filled in, and other neceseary work done. Some
3,600 feet new sidings were laid and 3,925 feet unnecessary sidings taken up. Several depot4 and stock yards were built and
0'8 miles new fence put up.
GENERAI. INVESTMENT NEWS.
Alabama Great Sonthern. — In London, the prospeclns of the
itsue of first mortgace bonds was sent out, inviting applications
for an issue of $815,000 by this company (lately tbe Alabama &
Chattanooga) of tix per cent first mortgage bonds, at the price of
£180 per bond, including the firet coupon, which is payable on
lat of January next.
Tbe company has been re organized under
a foreclosure and sale, and registered under its new title. The
total amount of tie bonds, of which the present issue forms a
portion, is $1,750,000; of these, $335,000 (£07,000) have been applied in America on account of purchase-money, liens and reconstruction $600,000 (£120,000) are held by the Farmers' Loan
& Trust Compauy, as a deposit until the outstanding amounts of
the liabilities connected with the purchase are discharged and
the whole will be issued hereafter, as required.
;
;
146.75:J
1
TO KATr
1877.
$101,759
214,865
26.546
344,671
8«.11.'>
614.491
239,024
408,4 6
Inereaae.
$1»,5.;4
75.151
i.Bsrr
89,.?i$
2.SI4
86.0TS
31.
31
187?.
$H.S.051
4T0,8«
..
8.<2
34,017
3tK)9
58.^30
41,1»2
12,S3d
46,8!7
93,916
Freight..
Mail and miscellaneoas....
Gross e-irulngs
1876
54,' 98
178 859
$559.(87
KS.SSO
Totil
trust ccri ideates....:
Old claims, jadgmcnt', etc
Reorganization expenses, 3>j 3 ears
*
$18
$il,337
109.169
5 247
FOR FIVE UONTHS FROK JAN.
for theye^r were as fol'ows:
Freight
Passengers
Mall and cTpress
...
Expenses
Net earnings
:
Passenirers carried
Tons frelglit carried
1877.
187i.
Passengers..
Freight
Mall and miscellaneous
GroB« caruinga
Pisseiigers
1877.
&
Bnrlington & Missouri Uiver in Nebraska.— Statement of
earnings for the month ending May 31, 1878, and for tbe year
1878, compared with the corresponding time last year:
FOR THE MONTH OV KAT.
11,
Sontliern Minnesota.
(For the year ending Dee. 31, 1877.)
The report fir the year ending December 31 says that the equipment coneiatsof 14eDgine8, 3 paseenjjer, 3 combination and 3 mail
and express cars. 197 boi, 83 flat and coal and 9 caboose cars, 1
tool and 1 pile-driver car.
The land department reports sales for the year of 721 acres for
(5
«7
Increases
$13.2«
25E
'.i5»
867
163,3.30
!»9,81S
72,69a
181,343
a-27,:8t
—
Chesapealte & Ohio. A circular was issued early this month
by Mr. C. P. Huntington, President, of the new company, on taking
possession of the railroad, stating that the Chesap-ake & Ohio
Railroad Company having been reorganized under the name of
the Chesapeake & Ohio Railway Company, he, as President,
assumed control of its aflaira. Mr. A. S. Hatch is First VicePresident, with office in the city of New York. William
Wiekham is Second Vice-President, with office in the city of Rich-
C
I
mond, Va.
In the Richmond Circuit Court, July
9, a decree was entered
ordering the distribution of $l59,'i'12, part of the proceeds of the
sale of this road, among persons entitled to interest on Virginia
Central bonds having lieoH prior to the Chesapeake & Ohio first
mortgage.
Cincinnati Sonthern.— The stockholders of the Cincinnati
Southern Railway Company voted unanimously, on the lOtb
instant, to authoriza the directors to increase the capital stock to
$2,500,000, and to contract tor due completion of the road to
Chattanooga. Bids for completion of the road have been received
by the trustees in Cincinnati. The lowest bid for completing the
railroad, including forty-six bridces and trestles of iron, was
$1 690,630, and the highest was $2,011,443; for the work, including thirty-four iron bridges and trestles, and twelve woodtn
bridges, the lowest bid was $1,671,998, and ihe highest $1,985,445 for tlie third plan, which involved the construction of eight
iron bridges and trestles, and twenty-eight wooden bridges aud
trestles, the lowest bid was $1,560,902, and the highest $1,840,597.
Denver* Rio Grande.- The Denver Newi of July 12, saya:
"Yesterday morning the first decision of the Judges of
the United States Circuit Court, in the railroad controversy pending between the Denver & Rio Grande Railroad Company and the
Atchison Topeka & Santa Fe road, was delivered by Judge Moees
Hallelt.
The complainant (Denver & Rio Grande) has sinco
amended the bill filed at the time of the injunction, making new
allegaions which strengthen its case. This was demurred to,
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
make a case that must be met by the defendants by an
answer and proofs. The Court, therefore, overrules the deriiurrer,
)
and allows defendants to answer and put the parties upon proofa
The demurrer having been overruled, the defendin the case.
ants (Atchison Topeka & Santa Fe) will have to file their answer,
and proceed to take testimonv preparatory to having the case
come up for final hearing, and for such decree as the Court deema
equitable and just. Meantime, no order has been made affecting
the injunctions heretofore granted iu the several cases, and thesuit remains as at first instituted."
Detroit & Milwaukee.— The purchasing committee has furnished the lollowing statement of the bonds filed with them,
and which have assented to the terms of the arrangement entered
and the Great
into between the London committee of bondholders
;
Western
of
Canada Company:
THE CHRONICLE.
OS
The total
of flrit mortgage bonds
Already assented
13
$159,760
ample security for the future, against the law's delay, the cost of
litigation and the risks which attend the enforcement of claims
before courts and juries they will be fully satisfied to accept 5
l,0CO,fiOO
per cent."
J2,500,000
8,:J40,2S0
Balance not assented. ...t
Total of second mo:tgage bonds
Already assented
947,500
Balance not assented
Total of coupon bonds
Already assented
1,005,640
916,950
Balance nut assented
Total of bonds
Already assected
$88,720
4.506,640
4,504,670
Not assented
$53,500
from to
or not heard
Indiana North
States Court, at
Company of New
&
this date
$300,970
— Suit
was begun in the United
Indianapoli.s, July 8, by the Union Trust
Yorlj, trustePB of the mortgage bonds of this
Sontli.
railroad, which is actually built for twelve miies, from Attica to
Veedersburg, to foreclose a mortgage of which §480,000 in bonds
were
issued.
—
Louisville & NasllTille. The following is a condensed statement of earnings and expenses for eleven months of the respective
fiscal years, commencing with July 1 in 1875, 1876 and 1877:
,.
Last six mor.ths, JB75
Do
,
1876.
48J7.
Do • •
First five months, 1876
Da
18T7
Do
1878
.
Earnings.
Expenses.
$2,5r;4,!i0fl
1 1,542.753
$1,021,44(>
8,7.V.,633
3.011. .337
1,621,838
1,B70,111
1,845,800
],.M7.885
1,850,151
l,lHb.1h5
I,.KI,2i5
61K,846
1,932,646
.-.
2.('4I,119
2,099,718
[Vol. XXVII.
Net.
696 983
74'J,563
—
Missouri Pacific. An order of coutt has been granted in New
York, transferring the $4,500,000 given to secure the bondholders
of the Missouri Pacific Railroad from tho hands of the Trustees,
the National Trust Company, to the Central Trust Company ot
New York.
Moiitclair & Greenwood Lalve.— A meeting of the bondholders of the Montclair & (ireenwood Lake Railroad was held this
week at the office of the President, Cyrus W. Field. Mr. Field
stated that he represented $157,000 ot the first and $141,000 of
the second mortgage bonds. There was much wrangling
between the representatives of first and second mortgage bonds.
Finally, a committee was appointed, consisting of Messrs. Cyrus
W. Field, A. y. Hewitt and Morris K. Jesup, for first mortgage
bondholders 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 stockholders 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.
—
Richmond Frederlcksbnrg & Potomac Railroad.— At a
meeting of stockholders, held in Richmond, a resolution offered by
Mr, Biddle, of Philadelphia, sulistituting for the. railroad connections between Qiianiico and Washington the Potomac steamSubsequently, a meeting
boats, was adopted by a large ncajority.
of th» Virginia stockholders of the road was held, and a resolution adopted that, in view of the substifntion referred to being
unfavorable for the interests of the company, a committee of nine
supply every stockholder with the history of the
its inception to its consummation, together with
all the facts and documents bearing on the subject.
Tl)e following resolution was unanimously adopted
"'Ihat a subcommittee 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 unjust subordination of
the property and interests of this company to the profit of the
Potomac Steamboat Company, and to co-operate with the State in
any legal proceedings that the Board of Public Works may
be appointed
to
movement from
:
inaugur.^te."
St.
Paul & Paciflc— Our Amsterdam correspondent
writes,
under date of June 28, that the committee of the St. Paul &
Pacific Railroad snd 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.
Fereach $1,0:0-Branch
Do
Do
Do
Do
line
$56 25
Consolidated loan
Mainline
18i;9Ioaa
Vincent & Brainerd...
For each Red River & Manitoba snare
The fractions of SI,( 00 bonds pro rata.
9 60
20
15
6
3
59
25
81
80
From the Isc of July the quotations of the certificates which
agreed were to be "ex dividend."
Toledo I'eoria & 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
:
RKCtlPTS.
Balance on hand May 2
Receipts for May
Receipts for Juno
$68,544
150,857
12i.71.3
Total
$348,115
DISBUBSEMEKTS.
For May
For Jnne
$109,5(9
209,151-$316,701
—
Pacillc Mail. The Pacific Mail Steamship Company has given
Balance on hand
$28,414
Union Pacific Railroad Company that in sixty days
Wabash. An ameniJed complaint in the suit of David J. Tysen
from Augutt 1 the contract for freight and passengers between against the Wabash Railway Comp.iny was filed in the United
the two companies will be canceled. This contract, made about States Circuit Court at Indianapolis on Monday. The amended
two years »go, prcvided that the steamships were to decline all bill, as condensed in the Americitn Exchange, recites the making
light freight by demanding high rates, the consideration being of the several mortgages which are prior liens on the property
that if the vessels did not fill on each voyage within 009 tons o( they cover. The default in the payment of interest
on these
their capacity, the Union Pacific Railroad Company was to make bonds is set forth, and also the refusal of the company
to pay any
up the difference. Another feature of the contract was tliat the interest to the holders ot tliete bonds, exc-'pt upon their fuLding
Pacific Mail were to keep up a high rate of passenger tariffs, the certain of their coupons, and accepting
scrip certificates.
The
consideration being that they were to receive $5 head-money for foreclosure proceedings are referred to, and it
is charged that
©very passenger carried by the railroad. Each month the railroad if Solon Humphreys and James R. Jessup, the
trustees
company would present » statement of the number of passengers named in the mortgage of the Great Western Railroad
Company
carried, accompanied by a check for the amount due.
The Pacific of 1859, and Isaac H. Knox and James R. Jessup, the trustees
Mail directors had lo other information than that furnished by named in the mortgage of the Toledo Wabash
& Western Railthe U. P. Company.
I'residentPark, of the Panama Railroad road Company, had asked for the payment
of their respective
Company, has stated that the Union Pacific and Central Pacific mortgages out of the proceeds of the sale of the property, as they
Compaui.s owed the Panama Railroad and Pacific Mail Steam- ought to have done, such a decree would have
been entered,
ship Company, jointly, over $300,000, and that all attempts to and the bondholders would have been protected.
The complainsecure a settlement had failed. The directors, therefore, decided ants ask that they be
removed from their office as trustees, as a
to take advantage of a section in the contract which provides that necessary and proper
protection to the rights of the bondholders.
either company can cancel it on giving sixty days' notice.
The complainants ask that the Wabash Railway Company, George
Pittsbnr^ City Bond?
The proposition at Pittsburg to Griswold, Alexander M. White, Henry H. Worden, John T.
refund so much of the debt of that city aa is in litigation, and on Terry, James R. Jessup, John N. A. Griswold, Lucien Tilton,
which interest is now stopped, continues to be pressed with much Solon Humphreys, Isaac H. Knox and George I. Seney be made
earnestness by the Ccmmtrcial Gazette of that city.
The Oazelte defendants to the suit, and be required to answer the amended
says-.
bill of complaint.
The bill jrays for an account to be taken of
" The most difficult question of all will be to fix upon a rate the amount due on the mortgages mentioned, and that the defendof interest for the compromise bonds. The holders of the present ants be required to pay such sum, as shall belfound to be due,
indebtedness, being under no legal obligation to surrender their within a short time in default ot which the property shall be
bonds, may be tempted to insist upon a high rate, under the decreed to be sold. The Court is also asked to decree that the
belief that, with the courts on the one side, and public sentiment equipment bonis held by the complainants shall be considered as
on the other, they can enforce their demand. This would prove secured by the consolidatedmortgage, and that a receiver of the
a serious blunder, and result in nothing but loss on both sides. road shall be appointed.
What, then, should be the amount of interest? A communication
Wilmington Columbia & Augusta.— A meeting of the first
in the Philadelphia Lkdqkh of Tuesdsy contains an expression mortgage bondholders
was held at Baltimore, and the report of the
of the feeling of one bondholder at least. He says he holds expert employed by the company
last April was submitted.
He
$5,000 of 7 per cent avenue bonds, for which he paid a premium gives estimates of expenditures necessary for putting the
road in
of 1 per cent, and he will accept a new compromise bond paying good order, which include
$113,598 for rails and J25,'203 for
6 per cent semi-annually. 'This course,' he adds 'would be far trestle work. Tbe revenues from local tonnage
amounted to
belter than to to spend more time and money in litigation.' Now, $201,936 for 187C
7, as compared with $196 954 for 1875 6, $238
it should be borne in mind, in the outset, that the refunding
657 for 1874-5, $394,069 f r 1373 4 and $353,858 for 1873-3. The
pricess is necessarily expensive. We learned this fact in com- capital stock of the road was
$300,000, the first niortcage bonds
promising the railroad indebtedness of Allegheny county, the amounted to $3,300,000, and the income bonds to
$839,938. The
aggregate cost of which was about one per cent. It will be disbursements from 1870 to 1876 largely
exceeded the earnings
apparent, therefore, ihat the city would 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 G per cent. If no better thousand dollars in
excess of expenditures. The bondholders
terms can be had, the efTort may as well be abandoned at once. appointed B. F. Newcomer, John S
Oilman, Capt. F.Clark, Thos.
When the malttr comes to be examined carefully, and when the C. Jenkins and Mr. Tompkins a committee
to assist the trustees
bondhoMera fully understand the situation— when thev weigh of the road under the mortgage to secure a decree for the
sale of
the advantages of an amicable settlement, prompt payment and the road.
—
notice to the
—
;
-
.
J
j
July
:
.
.
.
:
THE CHRONICLE.
20, 1878.
69
OOTTON.
The Movemknt ok the
COMMERCrAL EPITOME.
»
JKiDAy NiOHT. July
A
lits
"
from the Houth tonight.
this evening (July 19), the total receipts liavo reached 3,783
bales, again.st 5,287 bales last week, 5,019 bales the proviooa
week, and 0,S79 bales three wcok.s since, making the tot«l
receipts since the l.st of SeptenilHT, 1877, 4,2.52,338 bales, agaUut
3,953,838 bales for the same period of 1870-7, showing an increaae
.since Sept. I, 1877, of -299,495 l)iilcs.
The details of the receipts
for this week (as per telegraph) and for the correHi>onding weeks
of five previous j'cars are as follows:
10, 1878.
heated term" of great eeverity and unusually protracted
WoBtern and Northwestern States
prevailed throughout the
the past week, causing the loss ot many lives and thosaspeneion
In the past two
of all but the most urgent out-door business.
days the seaboard has also
ature, atlecting trade to
suflfored
some
much from
extent.
the high temper-
The progress
Is
Friday. V. M., July 19. 1878.
a.s indicated by our telegrams
given below. For the week ending
Ciiof,
of opening
Receipts this w'k at
the season has, therefore, been delayed, but prospects
iitlnuo good, aud little seems to be needed but the return of
1877.
1878.
1870.
1875.
1874.
liiisinesB for
New
lore
llefined also easi'r, at 9io. for
ate businefs.
The movement
Bhds.
Kceelpls since Juiy 1, 1878.
Sales •Inco July 1.1818.
Stock July
Stock July
S9,638
35.8;»
69,035
17, isrs
18. 1877
117,577
Mclado.
Bates.
141,76?
146,720
l.SSi
154,«a
1,625
2,254
81
51
492
23
47
759
38
tills -n-cek
3,782
3,676
5,042
590
. .
1.
Great
July 19. Britain.
France.
1
Continent.
this
Same
Week
Week.
1877.
Total
4,126
4,126
N. Orl'us
081
5
38
101
484
1,679
21
127
2,513
5,080
STOCK.
5,913
1878.
1877.
15,612
40,375
6,970
3,181
2,002
10,471
108,930
3,258
29,000
806
520
-...
Jlol.ile..
Cliarrfn
Savan'h.
Galv'fuN. York.
NorfolkOther*..
1,353
2,511
93,202
1,497
12,500
.--.
....
1,325
224
.-..
..-.
325
1,549
3,300
325
1,374
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
Xbe exports tius weelc uuder the bead of -' older pjria" mclnde, rrom Baltt.
•
more, aW hales to Liverpool.
In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on sliipboard, not cleared, at
add also similar figures for
York,
the ports named.
whicli are prepared for our special use by Messrs. Carey, Yale
Lambert. 60 Beaver street
;
We
New
&
ana, 80c..a$l 13.
On
There has been much weakness and depression in the rates for
This was especially noticeable in grain shipocean brrth room.
ments. Charters also have shown some weakness, but the actual
declines have been slight. Late engagements and charters include Grain to Liverpool, by steam, 6@6id. per bushel flour,
July
19,
at—
Liverpool.
Now Orleans
Other
100
Galveston
New York
1,650
None.
None.
None.
None.
.'J.OOO
100
Savannah
3d.@28. Od. per barrel; bacon, 27s. 6d.@30s. per ton; cheese,
Shipboard, not cleared— tor
Coastwise.
France. Foreijm
4,250
None.
None.
None.
Mobile
;
0d.@4.53; butter, in refrigerators, 125b.; cotton, Jd. per
384
212
20
781
26
4,2J2,333J3,()32,838|4,075,817 3,470,283 3,788,357
EXPORTED TO—
Week
endhif;
lows: 100 cases sundries, 6 to loc; 100 cases, 187(5 crop, Pennsylvania, 13 to 15c.; 50 cases, 1877 crop. New England, seconds, lOic;
7-") cases, 1870 crop, Connecticut, 10 to 12c.;
80 cases, 1876 crop,
Ohio, 5 to 15o.; 113 cases, 1877 crop, Ohio, 7c. Also 50 bales Hav-
:
,
332
197
14
228
664
for the week ending this evening reach a total of
to
0,000 bales, of which 5,776 were to Great Britain, 224
France, and none to rest of the Continent, while the stocks as
now
bales.
Below
128,001
are the
made up this evening are
stocks and exports for the week, and also for the corresponding
week of last season:
;
373.
800
1,458
The exports
There was gome improvement in pork, but recently weakness
was developed, and late sales of futures include mesa for August
at |;10 10, and for September at $10 ftO@10 30, with October
offered at |10 40. Lard has also favored buyers of late, though
higher early in the week prime Western reached $7 20@7 224
for spot and July, f 7 22i@7 25 for August, and $7 SO for September. Bacon and cut meats are nearly nominal, but at the
West 3,000 boxes half-and-half bacon sold at |5 82}. Beef and
beef hams quiet. Cheese has been fairly active at about steady
prices, and butter shows a slight improvement, with diminished
supplies. Tallow has declined to OJc. for prime. Stearine unsettled at SJiaOc. for prime to choice.
Kentucky tobacco has been in good demand, and the sales of
:<i week are 1,000 hhds., of which 100 for home consumption and
Prices are rather dearer, and lugs are quoted at
jO for export.
2i@5c.; leaf, 5i@14c. Seed leaf has been in fair request, and the
Bales of the week are 1,518 cases, including 1,000 cases Pennsylvania, crop of 1877, at a private price other sales were as fol-
2.'.
501
15
118
Total since Sept.
657
263,!)80
271
344
150
228
107
ludianola. Sec
Total
«,15S
1,109
11,665
81,068
2,238
210
222
03
285
419
Tcmiessco, &c
Florida
Hortu Carolina
Norfolk
City Point, &e
standard crushed.
Boxes.
1,248
Galveston
raws has been as follows
in
730
220
400
23
060
290
20
503
Orleans
Mobile
Charleston
Port Koyal, &c
endurable weather.
Hio coffee was quiet until yesterday, when at a decline of 4c.
per lb., to 15J@l(iic. for fair to prime cargoes, there were sales of
1!),400 bags, reducing the stock in first hands at this point to
Uico has ruled firm, and 2,000 bags Rangoon sold
7y,l 11 bags.
at oMiii^c, gold, in bond. Molasses is without change, at 34@34ic.
Sugars have favored buyers, and
lor 50 test Cuba muscovado.
fair to good refining Cuba quoted at 7i@7jc., with only a moder-
;
409
89
247
None.
None.
None.
None.
Leaving
Stock.
Total.
2,.500
6,860
None.
None.
806
100
100
None.
None.
None.
•2,500
1,253
2,511
90,702
None.
2,600
9.450
104,272
None.
9,000
lb.;
Total
grain to London, by steam, 6i@7d.; flour, 2s. OJ.; grain to Hull,
by steam, 74d. do. to Glasgow, by steam, 71d.@7id.; do. to Bristol, by steam, GJd.; do. to Bremen, by sail,7Jd.; do. to Antwerp
Ineliided in tUis amount there are 830 bales at Presses for foreign
port.s, the destination of wlilcli we cannot Icam.
by steam, 9i@9Jd.
with the corresponding week of
;
;
grain to Cork, for orders,
5}.
From
the foregoing statement
it
will be seen that,
compared
last season, there is a decrease
in the exports this week of 4,593 bales, while the stocks to-night
are 76,236 bales tos than they were at this time a year ago. The
9J.@G3. per qr.,
rate for vessels to arrive do. to Rotterdam, 6s.; do. to
Bayonne, C^.; do. to Lisbon, in ship's bags, IGJc. gold crude following is our usual table showing the movement of cotton at
petroleum to Bordeaux, 43. .5d.; refined do. to the Baltic, 5s. Sd. all the ports from Sept. 1 to July 12, the latest mail dates:
'is. 4id.
do. to Hamburg, 43. 3d.; do. to Cork for orders, 4s. 9d.
RECEIPTS SINCE
EXPORTED SINCE SEPT. 1 TO—
SEPT. 1.
^53., as to ports do. to Riga, 5s.; naphtha to London, 4s. fid.
Stock.
Ports.
Other
Great „
1876.
Britain. France, yoreign Total.
1877.
To-day, rates were steadier; grain to Liverpool, by steam, 6i@0}d.;
do. to Glasgow, by steam, 7d.; do. to Avonmouth, by steam, 6fd.; N.Orlns 1367 6321177,021 811,099 323,400 304,580 1441,085 21,038
1,253
do. to Havre, 5s. 9d. per qr. do. to Cork, for orders, Ss. IJd.; do. Mobile. 412 ,243 356,895 100,38l| 26,146 31,566 161,093
346
to Antwerp, 5s. 9d.; refined petroleum to the Mediterranean and Cliar'n* 457: 730 469,327 131,935 70,355 103,584 305,874
1,202 596, 053 475,449 176.247; 30,351 138,748 351,346
Sav'h
Trieste, Ss. 31.; do. to Naples, 43. 9d.
2,933
Galv.*
445, 759 500,368 186,172j 26,971 11,291 224,434
The business in naval stores has been rather limited and of N.York 143, 401 120,990 320,119] 0,217 47,308 376,644 102,206
little importance ; the finer grades of rosin have met with the
20,379
Florida
14, 284
73
56,677
1,780 19,890
most attention, lower grades being neglected and quoted barely N. Car. 143, 129 128,730 35,007
1,0'
2,000
2,929 160,691
steady at |1 424@$1 47i for common to good strained spirits Nort'k* 506, 777 550,996 156,687
19,148 213,376 15,500
....
Other.
101, 523 140,007 194,228,
turpentine at one time sold at 28c., but latterly most business
3294,220,146,556
497,301,679,014
.2117,875
was effected at an improvement to 28ic. There has been quite a Thi8yr.'4248,551
.5S8
931.09 8 221,610
428
2
448.331
liberal business effected in petroleum, but at lower prices, and the
.... 3949.162 2104.179
Ijmtyr..
• Unoer the bead of CKiirltaton 18 InUuJcd Port Itojal. *c.: under Uio brad of
particulars given have consequently been more or less of an
Galneattin is included ludianola, &c.; uadcr the head of Norfolk Is Included CltJ
Indefinite nature. Crude, in bulb, quoted at 6ic.; refined, in bbls.,
Point, &c.
.».
,
,
iv . i »
at lOJc. asked for August delivery.
Ineot copper was about
These mail returns do not correspond precisely with the total
steady at 16@16ic. for Lake, with 100,000 lbs sold. Whiskey dull of the telegraphic figures, because in preparing them it is alwaj*
'
»t $1 07i.
necessary to incorporate every correction mode at the ports.
latter
;
'
;
;
;
i
;
.
;
,
. .. .
.
:
.
:
THE (CHRONICLE.
70
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
For July.
Cts
Balei4.
I
S00f.D.'.flthll40l
100
200
e.a.'.T.li
ir«
11-40
LVoL. xxAai.
Bales.
1,600
3.600
10,800
6,800
Fa'es.
(".!•=.
I
ll-,wl
300..
rt<.
.11-81
Bale?.
lOU
1100
11-61
11-62
rt.
11-K
SS,30O
H-63
6100
For November.
For FebroajTn-42
700
consumption; but there was also some business for export, and
11-64
10-97
100
100
H-43 8,300
11-«B
more doing for speculation, the latter promoted by the rapid 1,000
11-65
11-44
lO-s-8
11-11
1,300
500
400
4(W
10-99
11-45
400
200
ll-l-J
500
reduction of stocks on hand, which fell on Wednesday below
11-00
11-15
94,100
1.200
200
200
1143
100,000 bales at this point, with only 42,000 bales at all the other
11-01
11-47
700
400
200
11-a
11-02
11-48
500
100
For September.
ports. Yesterday, there was a nominal advance of 1-1 6c., to llic.
11-03
11-49
11-2S
200
1,100
1,100
100
for middling uplands, but there was less doing for home con11-24
11-04
11-50
iXta
,3,200
200
11-V5
11-53
200
1105
100 s.n
2 200....
For Marcli.
sumption. To-day, the market was firm at yesterday's advance,
11-26
11-54
2.600
200
100
;i-M
with a renewal of activity on spinners' account. The speculation
11-27
11-65
4,-roO
5,600
600
J]-31>
200
11-28
4,600
100
...ii-sa
lOOsB.'.Olllll-Sfl
in futures has been fitful and the course of prices quite irregular;
11-29
For December.
2.»0
.SOO
10 58
11-80
yet. In the aggregate, there has been more doing and higher
lO-^iS
11-57
4,800
500
900
700
11-31
10-95
300
lOO
H-5S 7,700
prices made.
On Saturday, there was some decline in the quota11-32
10-98
11-60
4.:?00
:J00
200
For A prll.
On
11-38
10-97
tions for this crop, and a moderate advance for the next.
11-^8
2,200
900
200
l'.-34
11-21
500
2,100
10 98
500
Monday, July aloue exhibited weakness, but there was only a 5,000
10-99
200
100
lias
Tuesday,
On
11-00
slight and partial advance in the other months.
700
40,900
For August.
11-01
11-47
,500
6,100
800
the market was at times quite buoyant, and the close was at a
11-02
For October.
3,300
8,600
11-4S
11-11
11-03
considerable advance for July and August, but tlie next crop was
11-49
600
900
5,800
For Mar.
11-12
11-50
1104
1,200
200
8,200
100
ii-as
only 3@5 points higher. Wednesday opened with a general im11-13
11-51
1,600
ii-ai
3,000
1,300
11 14
provement, but, except for this crop, there was no advance at the 2,700
11-52
3,200
8,300
100
n-s»
11-15
5,.too
una 3,000
100
n-5»
Thursday, the opening was stronger, but the speculation
close.
11-54
1116
3,510
For Januarr.
SOO
11-:1B
1,500
11-55
10-98
1117
was mainly in August contracts, and the early improvement 5,100
1,800
100
ll-3!»
100
11-18
«»
1111-56
11-02
800
100.
2lX>
was scon lost, under the very favorable weather reports received 5.900
11-19
11-05
11.57
3,900
900.
3,900
11-20
11-01
1158 3,400
600
by the Cotton Exchange from the South. The Liverpool market 5,400
2,200
has sent a pretty strong report throughout the wt-ek, and we symThe following exchanges have been made during the week:
pathized pretty closely with its variations.
The report of the
-06 pi. to e toll. 811 J ily f )r .\air.
22 pd. to ex h. 100 'ept. or Aug.
3-3 pd. to ex ;h. 100 sept, for Auj.
U{.
•ao pd. to exch. 100 Sept. lor
Agricultural Bureau for June was made public on Tuesday and
The following will show the closing prices bid for fatirreWednesday, and was more favorable to crop prospects than was
generally expected, and, accompanied as it was with the resigna- delivery, and the tone of the market at three o'clock P. M., oa
tion of the former statistician of the Bureau, it was generally the several dates namedignored; and yet it had finally some effect in checking the upward
MIDDLING UPLANDS—AMEHIC.AN CLASSIFICATION.
course of values, e.specially as the later weather reports were
Fri.
Sat.
Mon.
Tues.
Fi-f.
Wed. Tlinrs.
Var'lile.Irregular.Var'ble Hijthcr.Var'ble.Var'blc. tr'rsni-.
Market—
exceptionally good.
To-day, August was dearer and active, with
11-44
11-46
11-42
11-50
11-57
11-57
July
11-ei
a pretty fair business in September and October, at about steady August
11-49
11-51
11-51
11-57
11-60
11-01
n-«t
The Scirtombcr
prices, but the later months were neglected and weak.
11-24
H-«- 11-28 11-31 11-30 ll-_'9 ii-a*
1113
11-14
11-18
11-18
spots,
1111
changes of the week are as follows: Advances of l-16c. for
October
1115 11-14
1095 1100 10-99 11-02 11-02 11-01 10-9»
15 points for transferable orders and July, 13 points for August, November
11-00
10-94
11-01
1098
December
1098 1101
io-a»
and 3(35 points for the next crop.
10-118
1103 11-03 11-00 11-06 11 04 ii-os
January
The total sales for forward delivery for the week are 184,900 Febru.ary
11-04
11-08
11-12
11-09
1109 1112
ll-OS
11-12
11.-16
ll-lo
1119 11-20 ll-lt> 11 -IS
tales, including
free on board.
For immediate delivery the March
11-25
11-21
11-21
11-28
11-25
11-J8
ii-»»
total sales foot up this week
bales, including
188 for April
I
I
I
1
I
1
I
—
7,434
Of
export, 6,318 for consumption and 83S for speculation.
the above,
b.ales were to arrive.
The following tables show
the official quotations and sales for each day of the past week
UPLANDS. ALABAMA.
Saturday, July 13,
to Friday, July 19. Sat.
Ordinary
^
Strict Ordinary
Via
lb.
Mou
Sat.
98j6
9il,8
107,8
lO's
iris
115,8
ll'is
.
13%
11",,
I2I4
12=8
13S8
13--J8
99j6
91=16
107,6
Strict Good
1078
l>)w Middlins
iiie
Strict Low Mid
115,8
Middling
n'i6 ll''l6 117,6
Good MiddliuK.. 1113,, 1113,8 1113,6
Strict Good Mid... I2ie
1213
1218
12-'''8
Middling Fair
12=8
12=8
Pair
1338
1338
13%
ft.
99l6
9"jo
91=16
107,0
1078
11% Ills
115,6 115,6
91S,6'
.
107,6
Oi-d... 1078
.
99i6
915,6
107,8
1078
Ills
115,6
117l6
111316
1218
1258
1338
Tt
Th. Frl.
I
TEXAS.
ITIon Sat. Jtlon.
Sat.
911,8
101,6
109,6
11
III4
117,6
11»,6
1115,6
I2I4
1234
I3I2
911,6
911,,
101,8 101j8
100,6 10»,o
11
11
III4
III4
1^16 117,6
119j6
111 = 16 111=16
1238
I214
1234
1231
13% I3I2
Wed Tues Wed Tae»Wed
Tues ITed Xnea
Ordinary
^
Strict Ordinaiy
Good Ordinary
ORLE'NS
911,6
99io
91=16 101,8
109,6
107l6
1078
11
III4
Ills
110,8 11716
117l8 119,8
1113,, 1115,8
1218
1238
1256
1234
13 13
1338
9l»i(
915l6 91-'l(
107l6 lO-^ie
lO'^s
lO's
Ijow Middling
11^8
Ills
Strict Low Mid
116,8 115,8
Middling
ll'Jio ll'ie
Good Middling
U"l8 1113,8
Strict Good Mid... 12H
121s
Middling Fair
1258
12=8
. .
Good Ordinary.
Strict Good Ord...
Fair
non
N.
Oii,e
101,6
109,6
11
11 14
ll'io
119 JB
lllS
12 14
1234
I3I2
911,6 911,6
101,8 IOI18 101,6
IOO18 109,6 109,6
11
11
11
III4
III4
III4
I17l6 117,0 117,6
119,6 119,6 119,6
1115,8 hi'k 1115,6
I2I4
I2I4
12 14
1234
1234
1234
I3I2
I3I2
1310
Tb.
958
Frl. Th. Frl
9-^
Th. Frl.
I
9'58
.
STAINED.
Good
Mon Tne» Wed Tb.
Sat.
^
Oidin.ary
Strict Good Ordinary
liOW Middlmg
Middling
lb.
^lJ?6
107,6 107,0
MABKET AND
9I2
97,6
9'16
915,6 91=16 10
107,8 107,6 10%
III16
11
11
9%
lOig
10-">8
lUlG
11=16
111-3
11=6
12
125,0
1213,6
139,8
Frl.
9%
10
IOI2
lUie
SALES.
Sat .JduU
Mon
.Dull, easy
Tliurs Steady, higher.
Total
.iFii-ni
!
Con- Spec- TranI
....
....[
....I
Tues .'Quiet
Wed .Firm
Frl.
E.xport,
.
sump
iil't'u
398
689
022
19.i
900
493
200
....:2,44(i
188 6,348
Total.
398
689
622
188;i,293
....
sit
Closed—
Gold
Exch.iuge
11-31
11-33
1150
11-.50
Easy. Stcadv.
lOaig
lOOia
4-8212
4-S2I3
Sales.
Deliveries.
30,200
25,700
43,000
40,000
30,300
15,700
200
500
400
400
200
100
7,424 184,900
1,800
1,670
1,393
2,64G
11-34
11-38
11-37
11-55
11-00
11-45
Firm. Steady. Quiet.
IOOI2
100-58
10058
11-35
11-60
4-8 II2
4-8112
4-81%
4-SII2
11-34
11-65
Dull. Stcudv100 =8 lOOSii
4-81%
The Visible Supply op Cotton,
as made up by cable auad
telegraph, is as follows.
The Continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequentlybrought down to Thursday evening; hence, to make the totals
the complete figures for to-night (July 19), we add the item of
exports from the United States, including in it the exports of
Friday only:
1878.
Stock at Liverpool
Stock at London
Total Great Britain stock
Stock at Hjivro
.
Stock at Barcelona
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at other couti'utal ports.
Total continental ports
1877.
1S76.
1875-
993.000 l,O36.O0«J'
10ii,^0t»
46,500
709,000
11,750
958,000
37,000
720,750
186,750
995,000 1,039,500 1,141.50H
170,000
ISO.OOO
209,750
7,500
8,000
8,500
7O,00»
70,000
83.500
13,250
13,500
17,750
41 .250
73,750
59.750
39,250
47,500
63,500
15.2.50
10,000
11,500
18,250
4,750
7,750
15,7,50
22,000
16,000
6,000
34,000
7,000
41,750
51,000
9,750
6,500
24,000
461,250
366,750
Total European stocks.. ..1,087,500
India cotton afloat tor Europe. 251,000
Amer'n cotton afloat for Eur'pe
77.000
Egypt,Brazil,&c.,aflt for E'r'pe
10,000
Stock in United States poits
128,001
Stock in U. S. interior ports.. .
8,547
United States e.xpjrts to-day..
4,000
.
3
453,500
383,230
,456,250 1,493,000 1,524,750
339,000
138,000
20,000
204,237
15,415
2,000
403,000
142,000
27,000
217,259
30,198
2,000
569,000
101,000
33,000
136..".«K>
ii,'j:jo
2.0tH.>
Total visible supply. bale3.1,566,018 2,174,902 2,314,457 2,377,.510
Of the above, the totals of American and other descriptions are us
follows
American —
Liverpool stock
Continental stocks
American
afloat to
Em-ope
United .States stock
United States interior stocks.
United States exports to-day.
.
.
566,000
311,000
77,000
128,001
8,547
4,000
618,000
377,000
138,000
204,237
1.5,415
2,000
571,000
336,000
142.000
217,259
30,193
2,000
592,000
19S,0«»
lOl.lKIO
136.530
11,23«
2,01H»
Total American....•..bale8.1,094,548 1,354,652 1,298,457 1,010,760
^ast TiuUan, Brazil, <£e.
Liverpool stock
3 43,000
340,000 422,000 444,000
London stock
105..5tK>
11,750
37,000
40,500
Continental stocks
1 17,.50O
55,750
84,250
185Ji50
India afloat lor Eurojie
251 ,000
339,000 403,000 569,000
—
SALKS OK SPOT AND TUANSIT.
gPOT MAmvKT
CLOSED.
Transfer orders
911,,
934
934
934
953
^
Strict Ordinary.
1018
10% lOifi
10
10
10
10
Good Ordinary
IOI2
IOI2
IOI3
101-3
10-%
1058
105a
Strict Good Ord... 1015,6 1015,0 1015,6 1015,6 III16 HI16 lHic
Low Middling
115,6 115,6 115,6
11-H6 113,6 113,6 11-3,,
Strict Low Mid.... 1138
III3
111^
III2
1138 1138
1138
Middling
III2
111.2
11-%
1158
Ills
Ilia
11=8
Good Middlins
1178
1178
1178
12
12
1178
12
Strict Good Mid. . 123,6 123,6 123,0 123,^ 125,8 125,6 125,6
Middling Fair
1211,6 1211,6 1211,6 1211,0 1213,o'1213,6 L213„
Fair
137,6
137,6 137
139,6 139,6 1139,8
Ordinaiy
May
For forward delivery, the sales have reached during the week
184,000 bales (all middling or on the basis of middling), ar.d the
following IB a statement of the »iles and prices:
Egypt, Brazil, &c., afloat
Total East India,
Total American
&o
Total visible supply
Price Mid. Upl., Liverpool
10,000
20,000
27,000
33.000
471, ,500
820,250 1,016,000 1,330.750
1,094,518 1,354,652 1,298,457 1,040,760
1,506.048 2,174,902 2,314,4,57 2,377,510
^'ad.
U%1.
b'^s^l-
6*hrf-
These figures indicate a decrease in the cotton in sight to-ni^t
of 608,854 bales as compared with the same date of 1877, a
(Ufreme of 748,409 bales as compared with the corresponding dsXe
of 1870, and a decrease of 811,40-i bales as compared with 187j.
.
JuLT
:
THE (CHRONICLE.
20, 1878. J
Intbrioii I'oktr tlic movcmont— tlint is tho rocoipts
for the work, aiul »l.>cks to.nijrUt, luul for tho
-;iH)iiiliiig week of 1877— Is Bot out In detail In the following
At the
and
aliii>m«Mit,s
;iu'nt
Week ending Jul}
10, '78.
Roocli)tii|8Iilpiu"t»
Stock.
•
3S4
\a;3nwta. Oil
HI
11
<Ja
J
Ti-nu..
cn
20
458
illf,'r»:un..
31
:.)tiieiy,
Al»
Wook oudInK July
Receipts Bblpm'ta Stock.
53:i
14!)
2,112
77
145
(152
1,000
41)
58«
408
047
1,030
2,830
8,547
1,257
IHIlaH, TexiUi*...
10
10
Skivvftpurt. I<a ..
Virksbnift, .\[i88
<Muiuliiu<, Mint)..
123
71
7
175
87
5
10
SO
78
55
24
1
VoUI,
old
1,877
2,1)02
8
A 111
Enr^ula,
^riAnliu
Ga
112
2G
42
301
812
(ill
',.lllc-.
N. C...
r>ttr,
ns,
Mo
O
niati,
I.SIO
2,010
1,920
15,415
23
14
)>ortH.
.liiB,
980
31
29
69
45
501
262
200
52
30
631
241
.
20, '77.
679
780
220
8,818
1,592
123
212
70
100
j>3
156
217
OS
....
1)71
181
189
8U
40
100
184
1,.54H
58
289
202
....
5
83
217
317
88(i
95!)
1.746
194
448
3,1.55
1,517
1,375
3.126
6,194
TWal.newp'rts
1,528
2,225
G,917
2,085
2,440
12,564
Total.
2,558
5.055
15.494
3,342
4,360
27,971)
»1I
' BBtiiniitt-(I.
t
Actniil count.
Tfce alwve totals show that the oW interior stocks have
'fcraued during the week 1,400 bales, and are to-night 0,8 8
he receipts at the
>Ues<MJi than at the same period last year.
-iBie towns have been 227 bales ^i.'k than the same week last
I
•
«ir.
—
Referring to our remarks
previous issue for an explanation of this table, we now bring
he figures dow^n one week later, closing to-night:
BbcBipt phom the PLANTATtOXS.
a.
II
Receipis at the Ports.
Week
ang-
SUj
1871).
».
it.O09
urs.
1877.
18,560
1876.
81,196
Iiiter'r
Ports RecIptsfromPlanfne
1877.
1878.
1878.
115,076 U 7,534 15,550
1<;78.
7,0 JO
17,604
7,17!
14,4:3
4,96«
10,700
10.
SMll! 17309
24,15
106,301
97,696
65,770
17,f:6B
*•
ir.
i9,u95
20,79T
99,066
86,376
56,433
13,650
-
«.
16S80
19,73*
93,916
;9,ao9
46,:«)3
9,2:0
8,'
!2,14T
1877.
i0,ao2|
-
iH.asa
4,7
9.604
« «.
13.811
9,669
18,a30!
87,711
67,786
39,''2-)
<faM7.
10,4j6
9,390
15,380
31,154
5,3U
8,441
8,&M
11,83!
29,315
1,92:)
3,171
6,3a-J
«
14
82,669 Ji7,50.1
7ii.a>4 52,164
«.
10.493
S,^
10,741
67.712
45,769
28,237
2,13i
2,141
4,693
"
SJ.
8.553
6,519
6,87'
61,0;8
85,811
21,541
l,!i25
6,101
5,949
57,863
32.077
19.17^
5,4 l^j
'
••
X^
03
10,940
7.5,9
4.93-2
S,36S
4,381
3,645
S.
8.GS1
••
u.
«,00^
4.4)4
5.2
7|
53,736
2!,99I
18,0H
1,676!
1,321
•
l».
S.OIJj
8,66
3,76a|
49,5 ]2
37,979
15,491
88S:
3,058
1.243
83,994i 35,9)1
98.07i
TMd.
180.S!3s!lI9,llli
ncias;!;
j
J
statement shows us that although the receipts at the ports
week were 3,783 bales, the actual from plantations
'Were only 1,243 bales, the balance being drawn from stocks at
iaterior
ports.
Last year the receipts from the plantations
Itike
f^c the same week were 2,65S bales, and for 187G they were 888
Tliijs
tte
—
New
Oiieant, Louinaim.
It has rained on four days of tlin
the rainfall reaching fifty-seTcn hundredths of an inch.
The tlierinometer has averaged 82.
'IMic weather during the week haa l>een
Shrereport, Louirianu.
dry and hot, and favorable to the early development of the crop.
There are no signs of worms.
Prospects are more eniH)iiraging.
Average thermometer 87, highest 9fl and lowest 78.
Vkkuharg, Afumismppi. The thermometer has averaged 84 durhave
ing the week, the highest being 98 and the low(!»t 74.
wei-l<,
—
—
had no
rainfall.
Uolambuii, Miansaippi.
Little Hock,
past
—
to continue satisfactory.
— We
have had showers on two days this
Waelc, tho rainfall reaching ninety-five hundredths of an inch.
3fo additional serious damage has been done, but dry weather is
ibwUy needed. Picking has bngun, and the first bale was receiv«d hero last Wednesday. Average thermometer 85, highest 05
Oalvaton. Texas.
Sad
lowest
78.
—
Adianola, Ti'xtui. There has been a sprinkle here on one day,
Ibmt the remainder of the week has been dry, hot &nd favorable.
Ilure is less fear of caterpillars in consequence. Picking is bejnmning. Average thermometer 87, highest 96 and lowest 78.
The rainfall has reached three hundredths of an Inch.
C»rtic4iiia, Texas.
Tho weather has been wanu and dry
thtoaghoul the week, and crop accounts are more favorable.
—
<3ood progress is being made in clearing the fields of weeds. The
thermometer has ranged from 73 to 101, averaging 83.
DaUax, Texan.— \\, Ims been warm and dry here all the week.
accounts are more favorable, and g<x)d progress is being
atade in clearing the fields of weeds: but .some sections are still
gnusy and are needing work and dry weather badly. The thoraaomcter has averaged 84,- the highest being 'lOO and the
lovest 74.
Brenham, Texas. It has rained here on two days, light showen. the rainfall reaching thirty hundredths of an inch. The rain
was comparatively harmless, yet dry weather is needed. Southvard, caterpillars have certainly appeared, though the injury
done has as yet been very limited— in fact, none. The fields are
lieing cleared of weeds, and with continued dry weather the
prospect will I>e excellent. Aver.ige thermometer 87, highest 98
and lowest 7i).
Oop
—
—
—
Arkiinms.
clear and hot, and crop reports are in con8e<iuenc« much more
farorable. -The thermometer has ranged from 73 to 93, averag-
ing 84.
—
NiuthriUe, Te.nrus»ee.
It has rained here on one day this week,
the rainfall reaching one inch and seventy-four hundredths. The
thermometer has averaged 85, with an extreme range of 78
and 94.
Memphis, Tennessee. The weather has been warm and dry all
iiooA progres.s
the week, and cro]) accounts are more favorable.
—
made
in clearing the fields of grass.
Averajje therhighest 97 and lowest 78.
have had wann, drj weatlier during
Mobile, Aliilmna.
the week.
The crop is developing promisingly, and the cotton
plant looks strong and healthy, but there are some complaints.
Caterpillars have certainly
'I'he
bottom croj) will be poor.
Average
appeared, though the injury done is as yet limited.
thermometer 85, highest 98 and lowest 74.
Montgomery, Alalxrma. 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.
he weather during the week has been
warm and dry, rain having fallen on only one day. Accounts
hear rumors of the appearfrom the interior are conflicting.
ance of caterpillars, but think them of very little importance.
Average thermometer 84. The rainfall has been twelve hiindredths of an inch.
have had rain on three days, the rainMaiUson, Florida.
fall reaching thirty-five hundredths of an inch. The thermometer
has averaged 86 during the week, with an extreme range of 90
and 83. The bottom crop is safe and very abundant.
Maeon, Georgia. It has rained on one day this week. The
thermometer has averaged 85, the highest being 98 and the lowest 66.
The crop is developing promisingly.
Rain has fallen on one day this week
Coliimhiis, Georgia.
(five hundredths of an inch), but not enough to do much good.
C'aterpillara have certainly appeared, though the injury done is
as y(^t limited.
The crop is developing promisingly. The thermometer has averaged 84.
have had rain on four days, the rainSavannah, Georgia.
fall reaching one inch and fifty-three hundredths, but the rest of
the week has been pleasant.
The thermometer has ranged from
74 to 95, averaging 8?.
Augunta, Georgia. The weather the past week lias been
extremely hot. It has rained lightly on t^vo days, the rainfall
reaching forty-seven hundredths of an inch. The crop is developing jjromisingly and accounts are good. Average thermometer
89, highest 104 and lowest 72.
Charleston, South Carolina.
It has been showery three days
of the week, the rainfall reaching six inches and twenty-four
hundredths. The thermometer has averaged 82, the highest
being 93 and the lowest 73.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
July 18. 1878.
give last year's figures (July 10, 1877) for
being
is
mometer
8:',
— We
—
—
1
We
—
—
— We
—
—
Wkather Reports by TBLEGR.\pn. There has been a very
decided change for the better in all of the rainy district tliis
week, though there have been light .showers at Galveston on two
comparison
Picking has begun in the lower counties of Texas, and a
day.s.
new bale of cotton was received at (ialveston on Wednostlay,
jftatiag that the crop in that section is unusually early, as our New Orleans
xaports have all along shown. In the Atlantic States the progress Memphis
nuking appears
We
Telegram not received.
The weather during the week has been
— We
RXCEtPTS FaOX PLANTATIONS.
'Stock at
71
We
July 18,
Below liigli-wiiter mark ..
Above low-w.ater mark...
Above low-water mark...
Above low-water mark...
Above low-water mark...
Niishvillo
.'Slireveport
Vicksbui'g
'78.
Feet. Inch.
5
1
Julv 19, '77.
Fftit. Inch.
5
1
17
11
10
3
6
4
22
31
4
11
15
33
8
3
9
New
Orleans reported below high-water mark of 1871 until
Sept. 9, lb74, when the zero of gauge was changed to high-water
nuirk of April 15 and 16, 1874, which is 6-lOths of a foot above
1871, or 10 feet above low-water mark at that point.
—
and Daily Crop Movement.
movement by weeks is not accurate,
C!oMPAR.\TivE Port Receipts
A comparison
of the port
end on the same day of the
have consequently added to our other standing;
tables a daily and monthly statement, that the reader may ooostantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
e ich port each day of the week ending to-night.
I'ORT RBCEtrTS FROM SATURDAY, JDLV 13, '78, TO FRIDAT. JUI.V 19, "78.
as the
weeks
D'ys
Now
of
Or-
we'k leans.
Frl..
107
124
245
103
78
79
Tefl
736
Sat..
Mou
Tucs
Wed
Thur
in different years do not
We
month.
Mobile.
Char- Savan- Qalnah. vcst'n.
leston.
22
16
51
56
.182
107
160
60
198
101
44
220
460
660
25
50
36
27
97
64
54
26|
Wil-
Nor-
ming-
folk.
ton.
20
123
All
25
4
1
....
18
137
70
231
8
282
115
140
208
18
296
590
57
76S
71
19
135
27
8
24
Total.
others.
346
834
563
793
613
683
3,782
..
THE CHRONICLE.
72
The movement each month
Sept'mb'r
October.
Novemb'r
Deoemb'r
January
.
February.
Api-il
.
.
.. ..
May
June
1876.
1877.
236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,194
68,939
36,030
98,491
578,533
822,493
900,119
689,010
472,054
340,525
197,905
90,314
42,14
Compared with
since Sept. 1 has been ae follows:
Year Beginning September
MontUy
Keceipts.
Uarcb
—
.
,
169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593
92,600
42,234
1.
least 5 per cent increased
is at
combination of favorable features very seldom secured. We may
add that in our own opinion the crop in South Carolina is very
1872.
184,744
444,003
530,153
524,975
569,430
462,552
309,307
218,879
173,693
72,602
115,255
355,323
576,103
811,668
702,168
482,688
332,703
173,986
127,346
59,501
134,376
536,968
076,295
759,036
444,052
383,324
251,433
133,598
81,780
56,010
year there
last
acreage, 10 per cent improved condition, besides being one to two
weeks earlier, and 10 per cent increase in fertilizers. This is a
1873.
1874.
1875.
[Vol XXVII.
similarly situated.
The
clo.se
"In
this connection,
of Mr. Janes' report
is
as follows:
interesting to note the dates of first
regular blooms, and the average dates in the several sections of
the State. In North Oeorgia, earliest bloom in Banks and Cobb
June 9; latest first blooms in a county Forsyth and Whitfield
In Middle Oeorgia, earliest
average date, June 20.
July 1
bloom in Jasper and Lincoln May 15; latest first bloom Fulton
June 25; average date, June 6. In Southwest Oeorgia, earliest
Thomas May 4; latest first bloom Colquitt June 15; averit is
—
—
—
;
—
—
—
—
—
—
— Emanuel
—
Richmond
—
June
bloom
15; average date,
May 4; latest
earliest
—
Appling
—May 10; latest
In Southeast Oeorgia,
June
bloom — Liberty — June 9 average date. May 29.
Tot. Jc.30 4,238,216 3,939,755 4,056,109 3,456,872 3,736,741 3,490,338
Perc'tage of tot. port
95-59
98-22
98-85
97-56
96-78
receipts Juno 30
—
—
age date
May
In East Oeorgia, earliest bloom
28.
first
1.
This statement shows that up to July 1 the receipts at the
ports this year were 293,491 bales more than in 1876 and 182,137
bales more than at the same time in 1875. By adding to the
above totals to July 1 the daily receipts since that time, we shall
be able to reach an exact comparison of the movement for ttie
first
;
" In some portions of Southwest Oeorgia, reports say that owing
to frequent heavy rains the weed has been too rapidly developed at
the expense of fruitfulness, and in a belt running across Middle
Oeorgia. severe injury was inflicted by the hail storm of the 9th
June; but, on the whole, the prospect was never more encourag-
different years.
ing."
1876-77.
1877-78.
1875-76.
1873-74.
1874-75.
June Rainfall and Weather.
1872-73.
—We
give in our editorial
coliunns to-day our rainfall returns and other weather data for
Tot.Je.30. 4,238,246 3,939,755 4,056,109 3,456,872 3,730,741 3,490,338
2....
948
970
1,.541
3....
1,176
1,864
4....
761
1,163
848
367
914
849
Julyl....
"
"
"
"
"
"
5....
840
6....
7....
8.
" 8....
" 9....
" 10....
•'
S.
930
1,013
796
674
11....
" 12....
" 13....
" 14...
1,034
" 15....
834
563
793
613
633
346
S.
" 16....
" 17....
" 18....
19....
S.
815
798
634
479
726
75
S.
364
572
839
415
486
543
650
1,073
S.
2,518
1,009
2,067
806
1,315
726
S.
961
1,184
668
780
656
452
3,045
8.
679
872
S.
1,128
694
S.
629
465
439
1,282
1,205
978
325
653
237
1,485
S.
1,468
1,247
1,094
S.
489
The table covers four years for comparison and includes
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
June.
3,684
3,851
3,572
3,890
2 272
1,456
3,201
1,289
1,505
1,006
1,782
1,323
S,
1,731
1,042
1,507
1,187
1,527
1,181
S.
five
groups of stations, according to a usual similarity of conditions
which prevail in each group:
8.
4,539
4,248
2,931
3,183
3,074
2,665
HAINFALI.
BY SECTIONS— MAY AND JCNE.
May.
June.
Stations.
1878.
1877.
1876.
1875.
1878.
1877
1876.
6-01
4-42
3-44
3-77
1-11
2-84
2 30
2-71
2-04
2-29
2-84
8-51
3-20
5-13
4-33
5-47
6-99
4-79
7-48
10-31
8-52
5-09
12-44
14-98
18-80
18-24
9-95
13-88
16-84
21-92
31-10
51-31
20-30
3-63
2-25
3-28
1-18
0-95
100
1-97
5-00
4-45
1-10
1-84
3-68
3-41
5-47
4-83
6-67
4-07
7-16
7-96
3-25
4-81
6-59
4-58
3-62
Total
9-16
3-13
11-42
6-62
13-71
17-90
16-02
14-79
Jacksonville.
Saint Marks.
New Orleans.
1-52
2-41
4-90
8-11
Galveston
Indiauola
3-90
5-39
1-75
1-80
1-68
1-48
1-80
2-20
1-86
1-58
4-33
7-10
10-27
0-32
9-08
3-25
1-46
2-53
1-50
1-45
5-03
7-24
6-60
7-35
3-47
2-70
7-10
6-90
7-07
2-75
2-68
4-81
4-17
11-56
3.35
6-20
2-03
1-19
5-41
5-73
2-45
4-92
0-89
0-35
26-23
10-71
25-46
19-27
32-39
31-31
29-10
19-75
4-06
4-20
4 -.57
7-04
2-33
K-09
3-««
5-75
4-00
0-82
2-50
0-69
1-24
1-25
0-70
1-81
4-75
4-35
6-55
5-80
0-24
9-47
4-94
4-70
8-49
4-56
0-83
1-67
3-90
1-69
0-91
2-03
5-85
7-60
2-94
8-90
3-76
2-55
4-85
2-40
1-74
2-08
5-76
3-89
2-70
3-09
1-94
7-50
4-05
1-79
5-63
3-00
43-70
18-11
51-58
S.
3,962
2,274
3,619
2,201
3,049
2,948
Norfolk
Wilmington..
Charleston
4-80
6-32
Savamiah
. ,
Total
Augusta
4,252,333 3,952,538 4,075,378 3,469;064 3,759,325 3,546,900
Total
Percentage of total
97-88
97-24
99-20
98-82
port receipts
9714
Atlanta
Columbus.Ga
This statement sljows that the receipts since Sept. 1 up to
now 299,795 bales more than they were to the same
day of the month in 1877, and 176,935 bales more than they
were to the same day of the month in 1876. We add to the last
table the percentages of total port receipts which had been
received July 19 in each of the years named.
to-night are
Mobile
.
.
.
Total
1S75.
i
1-38
I
11-67
3-15
4-10
1
'.
Montgomery
—
Georgia Agricultural Report for Juse. We are in
receipt this week of the report for June of Mr. Janes, Commis.
sioner of Agriculture for Georgia. Each succeeding year he is
making his reports more complete and useful. They are the
most helpful publications we have ever received with regard to
any portion of the South. This one states that the sea.son has
been 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
than usual. The statement of condition, &c., in each section, he
gives as follows:
Condiiion and Condition and Average
prospect
prospect com-
date of
compared to
pared to this
first
time
last year.
Little
Corsicaua
Dallas
K8
103
June 20
107
112
June
6
28
106
114
May
103
109
Jane
Southeast Georgia...
lOS
111
May
lOJ
110
General average
..
,
Total.
4-21
2-03
1-40
7-65
3-28
5-45
5-47
5-42
7-95
6 02
10-85
18-16
4-50
2-60
21-94
57-48
60-34
410
1
59
0-79
1-00
30-02
j
28-42
This statement shows that in June, for all portions of the
in average years; and that
even in the other sections the most of the stations compare
very favorably with last year.
This indication corresponds
closely with the prospect as we have from week to week given
Atlantic States, less rain fell than
The
Atlantic States (especially Georgia and South Carolina)
in a
more promising condition than
little less
last year,
first
for
many a
of June, were far in
because of the better and earlier
start,
but
favorably situated than they were early in June.
With dry weather now
in the
wet
district,
a very large crop
would seem probable.
—
Cost op Raising Cotton. Much fruitless discussion has
taken 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
This shows a condition 5 per cent above the general average,
and 10 per cent above and 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
jnay look for from Georgia, according to the present i)romise.
2-7-2
3-51
I
advance of
Middle Gcorgi
.
..
8-81
previous year; the other States, on the
North Georgit
,
..
Memphi.-*
a
SoDthwest Geoig-.a
Rock
have their crop
bloom.
Eaet Georgia
...
Shrevcpoi-t
Nashvillo
it.
Sections.
an average.
Fayette
Vicksburg
management and
is
actually so wide a difference in farm
Our attention is called to this
by Mr. Janes (the Georgia Agricultural
Commissioner), in his report just issued, showing the cash and
credit prices of corn and bacon (clear sides) prevailing July 1st in
the several sections of Georgia. November 1st is assumed to be
cultivation.
subject by a table given
the average extent of credit.
.
July
20,
:
.
THE CHRONICLE.
1878.]
OAUi
78.
78
BoMnAV Shipments. — According to our cable despatch received
there have been 0,000 bales shipped from Bombay to
onzDrr.
to day,
Oreat Britain the past week and 12,000 bales to the Continent;
wliile the receipts at Bombay during this week have been 15,000
bales.
The movement since the 1st of January Is as followt.
a
o o
s s
*i
Credit.
Cash.
Articlai.
SlCTIOHS.
a.
A.
Kortb Georila
$0 79
9 7
105
007
11
14 3
171
78
1 C4
8-3
100
10-0
UO
11-7
141
11-0
133
$0 57
(corn..
Bicon.
These are the figures of W. Nicol ti Co.
brought down to Thursday, July 18:
Corn..
Bacon.
Middle Georgia
Sonttawest Georgia
.
Bast Georgia
0O7
Southeast Georgia..
J
Average for the State.
1 16
Corn..
Bacon.
79
Corn..
090
007
1 10
5-5
66
10
10-6
187
90
110
5-5
66
07
10
10-6
187
$0 75
$1 OS
10-7
07-4
Bacon.
I
09-8
Corn..
Bacon.
Com.
1 Bacon.
10-4
07-1
week
Shipmontfl this
I
90
108
11 6
139
Great ContiBrlfn.
nent.
Shipments since Jan.
Great
Continent.
Total. Britolu.
the foregoing
would appear
it
Receipta.
1.
This
Total.
1878 9,000 12,000 21,000 278.000 374,000
1877 1,000
1. 000 359,000 39.'i,000
1876
7.6b6 7.000 529,O00l344,O0O
From
Bombay, and are
of
,
Since
Jan. 1.
Week.
652,000 15,000
754,000 2,000
873.000 3.000
that,
833,000
980,000
977,000
compared with
last
year, there has been an inerease of 20,000 bales in the week's shipments from Bombay to Europe, and that the total movement
since January 1 shows a deiyrease in shipments of 102,000 bales,
compared with the corresponding period of 1877.
—
OcNNY Baos, Baggino, &c. Bagging has not changed since
Here we see that the cash man could work his plantation and our last report, but there is an improvement to be noted in the
make money on what would send the credit man to the poor demand, though no largo transactions are reported, yet the
inquiry is becoming more active. There is a good trade doing in
house. Only think of a person attempting to pay out of his busismall parcels, and holders are still firm as to price, and the quoness 9 per cent a month for the use of money
Of course, such tation is 10 j@lle. for21b. and lli@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.
tliing else at a profit, so the most of them fail, and the large per for jobbing parcels, but round lots are hard to move. The demand
seems to be increasing, but as yet the only parcels being taken are
cent charged for credit is the measure of tlie risk incurred.
small. Quotations are ruling steady, and holders are not disposed
Mr. Janes draws a moral; "fanners raise your own supplies." to accept less than 2 ll-16@2|c.
It would seem as if tliis would not have to be said twice to the
The Expokts of Cotton from New York this week show an
same 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
State every man in it should hear the words spoken, and Mr. direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1877; and in the last column the total
Janes were to stand at its mouth shouting out liis moral confor the same period of the previous year:
stantly, the class affected would be converted very slowly and
Bzportaot Cotton(balea) from Nenr VorKalnceSeDt.li 18TT
many of them not at all. Thrift, where it is not in a man, is a
bitter acquisition.
WSSK EHSINS
Same
ToUl period
!
—
AOniCULTUBAL DEPARTMENT REPORT FOR JULY.— The July
June
July
report of the Agricultural Department has been is.sued this week.
The condition figures, compared with the June and July figures
Liverpool
for previous years, are as follows:
Other Britieh Ports
3,069
Total to Gt. Britain
3,663
2,081
167
3,200
^1878—^ ^-1877-^ ^-1876
Slata.
June July
North Carolina. 87 81
South Carolina.. 93 104
Georgia
Florida
— ^-1875-^ ^-
1874--^ r -187.3—^
,
June July June July June July June July
Jatie July
101
10(
92
95
89
102
85
91
91
87
98
90
97
99
81
88
88
82
103
101
103
89
90
103
91
97
80
91
91
94
93
100
95
93
91
101
90
102
99
101
10 i
92
90
Savre
94
lOO
101
102
82
93
85
98
91
93
103
78
87
92
8:3
98
95
98
103
91
92
100
Louisiana
93
105
70
73
94
80
Total to N. Enropo.
104
106
91
94
99
96
93
93
lOJ
86
98
91
94
91
•.7
90
104
73
91
92
73
96
Basin,Oporto&GlbraltarAc
97
98
91
96
103
99
100
90
97
90
96
We give the foregoing with some
ment
as telegraphed
was
hesitancy, because the state-
full of errors.
Still,
we understand
these figures correctly represent the conclusions of the department. Bringing the two months together, and comparing this
year with last year, the following would represent the present
87
99
July.
Total.
June.
July.
81
168
8J
ei"
170
*2
104
203
91
178
25
101
105
206
89
87
CO
179
27
98
100
198
92
187
U
101
102
203
f.0
95
94
IM
19
12
93
98
190
91
93
184
98
9S
193
98
102
200
104
106
210
91
94
185
23
98
91
189
94
94
188
1
97
98
195
94
96
190
5
• Decrease.
This statement gives ua a decrease, or poorer conditicn, of
7 per
cent in Louisiana and 2 per cent in North Carolina,
but all the
other States show an improved condition, and almost all of
them
very decidedly so. If now we were to add to the above the changes
in acreage according to our report, it would show that the
prospect
on the
first of June was for an increased crop of
over 750,000 bales
in excess of la-st year.
Some may take exception to this
of interpreting the Bureau's figures of condition; but
as
frequently shown that this plan for reading them
mode
we have
has for past
years given a more accurate result than any other use of
them,
Tve feel authorized in repeating it.
It should be remembered,
however, that since July 1 the Southwest has deteriorated
some
in condition.
Total Spain,
9,326
115
9,033
3,300
700
200
2,967
700
SOO
9,441
9,033
15,039
*,S78
6,171
44,910
24,078
2,890
&c
6,0«1
6.6S7
213
1,549
35,434
20,718
4,986
19.806
....
Rrand Total
760
2,393
3,610
378.193
407.069
The following are the receipts of cotton at New York, Boston,
Philadelohiaand Baltimore for the cast week, aud since Sept. 1, '77:
Hew
Orleans..
Savannah.'....
Lonisiaoa
what
221
21393
Texas
Total.
Mississippi
Arkansas
Tennessee
370,313
ill others
1877.
Inc'se.
June.
Texas
331,411
Other ports
This
week.
States.
Georgia
Florida
1,123
PHtI.ADEU'lA
BALTIX0B>.
This Since This since
week. Septl. week. Sept.l.
This Since
week. Septl
BECE'TS TROX
1S78.
North Carolina
South Carolina
334 8:9
224
167
NSW TOBK.
condition in each State:
315.687
5,767
1.250
13
prev'QS
year.
75
13
300
Bremen and Hanover
98
Arkansas
Tennessee
17.
Other French porta
Mississippi
Texas
2,081
to
date.
July
10
4S4
96
92
Alabama
Jn'y
-'6.
Since
Sept.
1.
2,033
554
1,C29
1S9,370
S4,55i
145,417
'"a
5,t9a
106,792
51,027
162,250
19,148
8.310
30,389
3.246
2,792
911
Mobile
Florida
3'tb Carolina
ST th Carolina.
Virginia
Sorth'rn Ports
renneseee, Ac
Foreign.. .
S61
13
175
6
137
274
Total this year
4,484
923,734
Total last year.
5,'<7i
914,429
I3,99:j
156 E9;«5S
1,104 104,895
I4:l,5>8
250 109,56'
.660
,253
"ie
129
55,836
70
47
518
838
170
273
106
42,582
1,510 J39,2'.9
106
71,316
794 145,897
836 339,566
141
62,4761
675 120,956
9,780
6,280
—
SniPPiNO News. The exports of cotton from thb United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
9,482 bales.
are the same exports reported by telegraph, and published
The Chronicle, last Friday. With regard to New York,
Include the manifests of all vessels cleared up to Wednesday
night of this week.
Total balesNew York—To Liverpool, per steamers City of Bmssels, 94
^evada, 1,226
,250
To Hull. ()0r steamer Prior, 75
•
75
,
To llavre, per steamer Ville de Paris, 934
2M
Nirw Orleans—To Liverpool, per sieamer St. Louis, 1,967
1,98T
w
To
Malaga, pur bark Uosarlo, 1.300
To Liveipool, pur steamers Carolina, 816.... West iDdian,
—
1,100
Baltihore
119. ...Lucerne, 339
Boston—To LIverpwl, per steamers
...
Bulgarian, 176
Total
The particulars of
are as follows
77S
3(assachusetts, 39
Batavla, 93
307
6,919
these Bhipments, arranged in oar nsaal torn
:
,
THE CHRONICLE.
74
l,Jro
1,987
Baltimore
173
Boston
30!
Total
Malaga.
Havre.
Hull.
7i
Liverpool.
New York
Hew Orleans
wide difference between Talaes^
August and September^
Crop accounts from the West have continued to be unfavoraMe.
Yesterday, choice grades of winter wheat s;)ld as high as $1 SOThe bu.-iness in fatniies
for amber, and f 1 23(g$l 30 for white.
embraced No. 2 spring at $1 lOi for July, $1 03'afl 034 'or
August, and $1 02J for September. Tbe receipts of new winter
wheat embrace many soft samples, which sold yesterday at G5g;
To-day, there was a good business in No. 3 spring at $1 d'
90c.
@$1 06, in store and afloat but the close was dull.
Indian corn has been tending upward, but latterly the prkes.
asked have checked business, though shippers were favored by
a decline in ocean freights. Transactions have been mainly at 47
@47ic. foreteamsr m'xed, and 4Sc. for No. 2 spot, July and Anjr.
ut, with some business in No. 2 for September, at 48|ia49Jc;
choice mixed, including old, sold on the spot at 48J@4Sie. Th».
weaher has latterly been more favorable for the growing crc^
To-day, the market was dull and prices declined |c., No. 3 dosing at 4T|c. , spot and August, and 48ic. for September.
Rye has been active and firmer. There were large sales, inclBd—
ing choice Canada, in bond, 67c.; State at 65(ffi66:. on the spot,
C4c. for August, and 03c. for September and No. 2 Western tdUt
at 60(361c. on the spot, 00c. for early in August, and 5!)(§5i>|e;.
for the last half of August. Canada peas are dearer at 77(380Ry
1,.549
of current
3,2St
OD
1,
773
3U7
1,30C
234
75
4,817
Below we give all news received to date of disaaters to vessels
carryinpf cotton from United States norts, etc.:
CORSMVk, steamer (Br.), Long, which left New Orleans June 9th for Liverpool,
i?
making the passage
partly under canvas
chinery.
on account
of disabled
ma-
New
Orleans for Liverpool, wiich put
in distress, was discharging carjo at the latter port Jnly
6th. Two cases of yellow fever were reported on hoard,
Bt. Clocd, ship (Br.), Dnikee, from New Orleans via Queenstown, had been
on fire, and was scuttled at Liverpool July 10th.
8t Michel, brig (Br.), from Fcrnaudinn for Liverpool, before reported abandoned, was passed June 23d, lat. 35:33, Ion. 6i:10, by bark Canton, at New
Bedford.
Habib Frederickk,
Into Key West
Cotton freights
fhip (Nor
Steam.
Monday..
Taesday.
Wed'day.
Thnrsdaj
Friday....
—®Si
—
—@!i
@Ji
—OJf
— @J4
—@X
week have been
Havre.
.
Sail.
Steats.
c.
c.
K
?i
X
%
%
X
15-64 comp.
15-64 comp.
15-64 comp.
15-64 comp.
15-64 comp.
13-61 comp.
,
cp.
cp.
cp.
cp.
cp.
cp.
c.
Sail.
c.
—(gi% 11-18 comp.
— @"« 11-16 comp.
©% 11-16 comp.
@Ji 11-16 comp.
—®'/i 11-16 comp.
—(S.X 11-16 comp.
—
—
,— Hambarg—
Steam.
«
%
•A
>i
«
^
Sail.
c.
corap.
comp.
comp.
comp.
comp.
comp.
c.
—
—
—
—
—
—
%
%
%
M. — Br Cable from Liver«
y.
y^
Liverpool., July 19—5 P.
pool. Estimated sales of tlie day were 12,000 bales, of which
3,000 bales were for export and speculation. Of to-day's sales
9,300 bales were American. The weekly movement is given as
—
supplies and deliveries in
;
as follows:
—
— — Bremen.—,
Steam.
.
,
Sail.
d.
d.
Saturday.
past
tlie
Liverpool.
,
from
),
xxvit
futures, but there has continued a
T..t3l.
2J4
|VoL.
;
follows:
in bond.
June
Sales of the week
July
28.
3G,000
4,000
29,000
2,000
3,000
818,000
649,000
21,000
14,000
0,000
212,000
84,000
bales.
Forwarded
Sales American
Of which exporters took
Of which speculators took..
Total stock
Of which American
Total import of the week
Of which Amcricau
Actual expoi't
Amoiuit afloat
Of which American
51,000
3,000
42,000
2,000
7,000
800,000
027,000
30,000
16,000
3,000
203,000
78,000
The following table will show the daily closing
week:
Spot.
1
Saturd'y.
July 12.
5.
Oats were excited and buoyant early in the week; there -was
something of a "corner" in contracts for the first half of tbemonth; but since the 15th prices have declined, with large sales
of No. 2 white on the spot at 34@34Je., and No. 2 Chicago for July
To-day, the market was dull, and No. 2 giadtit
at Z2i@Z2ic.
closed at 33c. for mixed and 34c. for white.
July 19.
70,000
4,000
53,000
2,000
10,000
782,000
615,000
48,000
38,000
4,000
168,000
44,000
86,000
4,000
59,000
4,000
15,000
709,000
566,000
3,000
2,000
4,000
185,000
45,000
The following
No. 3
Buperane State
...®6l2
...3)6-'8
sales are
on the basis of Uplands,
unless
Saturday.
I
d.
I
6^
July
July-Aug
e^s
I
Delivcrif.
d.
Aug.-Sept
61-''32®^16
Aug.-Sept
Mar.-Apr
Sept.-Oct. ...6i-i32®"ie
Goig
Delivery.
Delivery.
August
I
I
d.
613.-50
I
Delivery.
Sept
615)0
67i8
61332
Scpt.-Oct
Oct.-Nov
Delivery.
Sept.-Oct
July
July-Aug
AUg.-SOpt
Delivery.
Sept.-Oct
61332
Oct.-Nov
Nov.-Dec
Aug.-Sept
Oct.-Nov
6''ie®i5.')2
eijrs
eiSso^Tjg
OTjg
6I2
61332
61132
6IS32
67iij
July
July-Aug
6%
Nov.-Dec
July-Aug
Gioga
61532
6I632
Aug.-Sept
8ept.-Oct.-6i2®1732®i5
6l2®1532
Oct.-Nov
,
Bifl
615
...61730
Aug:.-Sept
„
r.
Sept.-Oct
,
6n.,.2
Nov.-Dec
"32
.
.
.
,^ RECEIPTS
isrs.
For the
Delivery.
week.
59,90
6%
6%
Nov.-Dec
Dec-Jan
Shipment.
Nov.-Dec, n. crop,
6II32
saU
Delivery.
6I3
6I630
Aug. -Sept. . . 6i»32® I3®
I80Q
Delivery.
Sept. Oct
Oct.-Nov
July
Nov.-Dec, n.crop,
6II3.
sail
Oct.-Nov., n. crop,
sail
esg
Flonr.hbls.
C.meal, "
Sept., sail omit'd, Oij
Nov. -Dec, u. crop,
sail
6ii„,
Delivery.
Sept.-Oct
61532
OiSgo
6I2
Shittment.
Nov.-Dec.,u.cp,s'l 6II32
FanjAT, P. M., July
1878.
The flour market has been fairly active th? past week, and prices
had an upward tendency, without, however, any very marked or
general improvement. The grades most in favor were good
sapere 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 lull supply.
Besides, the advance in wheat
encouraged holders, and English shippers were pretty free buyers
their limits could be reached.
Rye
flour ruled stronger,
Today, the market was quiet and
unchanged.
The wheat
6t
63a
2 8 1® 2 90
Barley— Canada West
'IT®
683»
State, 2-rowed
State, 4-rowed
|
I
breadstufi's
AT
NEW
at this
81
«&
iS
4»
88®
40^
Western feeding
Peas—Canada bond&free
I
55>
»
_ St.
S2gk
,
in
5,962
,
Since
Jan. 1.
2,11I,C93
110,243
bills.
Chicago
Milwaukee.
ToleSo
Detroit
Cleveland
(106 lbs.)
81,927
35,126
220
•I.S'IS
2,141
17,310
Louis
Peoria
Duluth
585
3,000
T\<3^
market has been
YORK.—,
EXPORTS PROM
iame
Time
18T7.
1,403,311
134,'!05
1S78.
For the
w 'ck.
41,209
,
Since
Jan. 1.
1,339,451
4,168
11;, 181
610,8ti5 23,617,983
563,9:17 14,835,701
2,-!59,19i
a8,90;2,(73
192,379
1,508,698
1,393,591
,
NEW YORK.
«
lf7r.
For the
week.
.
Since
1.
612,998
Jaaj.
22.025
3,449
128,4»
117.483 4,5.34,4S»
554,T(Bll,6H3re.
19,910
....
1,523
Wheat,
Corn,
bn<h.
hush.
bush.'
lbs.)
(56 Ib-'.l
(32 lbs.)
(48 lbs.)
117,208
l,2n,4,'9
10.2t0
142,160
813,341
4sr;0O
4,731
3,^37
13,260
40,164
75,601
bush.
(t.O
26;,4!)5
6fi,66o
71,580
20,250
328,821
8,ns5
24,605
4,i=83
12,8 6
139 690
125,125
Oats,
marlset has been stronger for both spots and early
Barley,
737,41&
M3,»9».
9Qt,05S
Same timj
Same time
1876
1875
RTf.
biisb.
(ESlbs.)
3,169
11,754
4,974
S.ITS-
7£0
»78S»
51
1.7?©6,»0ft
—
e,5(M
Total
81,845
891.849 1,632,433
497,241
17,774
Previous week
82. 106
798,002 1,621,919
MS,651
37,366
Corresp'ng weck,'77.
58,417
672,.-.r6
1,614,292
314,235
33,323
Corresp'ng weck,'76.
89,604
90i,e21 1,167,203
5C8,033
17,883
Tot.Dec.31toJnlyl3.3,00O,0fi6 60,655,628 48,208,725 13,283,455 2,873,722
Sam')tlmel677
19,
SO
53®.
Oats— Mixed
White
6153a®7i8
Sept. Oct
and corn meal advanced.
Southern yellow
Southern white
HECEIPTS AT LAKE AND RIVEU PORTS FOR THE WEEK ENDIK6JULY 13, 1878, FROM DECEMBER 31 TO JULY 13,
AND FROM AUGUST 1 TO JULY 13.
St.
6I3
3 30
2 50
4S
47
Rye— Western
Wheat.bns. 672,280 a4,69.>,9.53 S,(i58,f3J
"
Corn.
811,350 18,710,001 13,3!6,603
5J,6t5 l,a04,976
"
Kye,
342,138
Burlcy, "
*58,881 *2.610,8f9 •1,9!8,673
"
Oats,
8JI,401 6,147,238 4,962,021
AT—
BREADSTUFPS.
when
80®
lOa
»
ea
Corn- West'n mixed
do steamer gr.ide.
00
6 00
7 50
5 25
State
Flour,
6I330® %
4 25
* Including malt.
Shipments.
Friday.
July
July-Aug
10®
.
Shipments.
6I3
yig
Oet.-Nov
Aug.-Sept
S5@
5 .^0;^
2
Oct.-Nov., n.c, 8'1.6oi8
Delivery.
6I3
Aug.-Sept
61732
Sept.-Oct... ei'soa-OiB®
4
Corn meal— Western, ,fco.
Corn meal— Br'wine, &c.
Thursday.
July
40^6
2
I
Delivery.
4 30
4
flour, enperflne
Shipment.
Delivery.
00®
Wheat— No.3epring,bush $ 953 9S
No.aspriniT
1 ay^ I
01
No. 1 spring
1 OJ® 1 H
Red Winter
1 (BJ I IS
White^
1 15® 1
follows
Nov.-Dec
Wednesday.
Delivery.
4
Eye
Tdesdat.
Aug.-Sept
3 90
4
The movement
Delivery.
I
613i„
CI332
O'lo
40a
05®
City shipping extras
City trade and fami y
MONDAV.
July
July-Aug
3
4
brands
5 85® 5 8>
Southern bakers' and family brands
4 3")® 6 25
Sonthern shipp'g extras. 4 -lO^t© 4 7>
otherwise stated.
Delivery.
3 10
Sunng Wheat
do XX and XXX
do winierXandXX...
do Minnesota p^itents..
...®6ia
...®658
Low Middling clause,
:
Graik.
4r@
bbl. %i
West-
extr.is ..."
Futures.
Those
^
Kxtra State, &c
Western
...®G7ie
.-.aess
&
ern,
prices of cotton for the
Monday. Tuesday. Wedu'sdy Thursd'y Friday.
Mid. Upl'ds!...®638
...®6% ..-®63a
Mid.OiTns.i...®69i8 ...®69i„ ...®G9t«
are closing quotations
Ftoutt.
a9,6«e.
30,688^
15,661
27,508
1,9>,4,7(1&
2,108,780 6,S78,113 37,551,902 10.028,671 2,634,712
822,22*
2,781,519 24,5S7,lil 33.164,101 13,093,744 2,950,606
914,718
2,443,U69 25,888,762 3I,.323,U1 10,2v3,6l7 1,513,345 ],4b7,a»
Tot.Aug.l to July 13.5.772,160 74,110,869 83,298,341 25,695,012 9,352,532
Same time
Same time
Same time
1877
1876
1875
.3,931,525
4,767,472 38,871,898 78,600,323 31,ii74,153 8,457,.',62 2,78).1T3
5,189,420 61,410,117 50,663,073 27,746,376 7,637,-JOl 3,16l,5*it>
5,112,297 61,373,201 43,653,840 22,161,414 5,469,538 1,181496
SHIPMENTS OP FLOUR AND GRAIN FROM WESTERN LAKE ASBRIVER PORTi FROM DEC. 31 TO JULY 13.
Tot.Doc.31to July 13.3,052,068 22,699,413 41,769,746
Sametimel877
Same time 1870
Same time 1875
8.697,363 1,577,141 1,6]8,9S*
2,147,100 9,242,658 31,802,922 7,512,660 1,999,451
791,112
8,956,099 23,183,760 35,831,344 ]!,063,8:5 1,214,015
868,44*
2,595,240 22,739,180 18,134,369 7,230,783. 8iS,a;6
27»,88S
BAIL SHIPMENTS OP FLOUR AND GRAIN PROM WESTERN I.AKR
AND RIVER
PORTS.
Week
Flour,
Wheat,
ending—
bbls.
64,101
64,593
60.401
bash.
bush
bush.
Barley,
bush.
220,204
150.6u5
2S8,118
488,779
314,142
870,702
631,415
460,167
313 995
232,8(2
355,444
216,904
5,70*
3,(74
1,655
5,822
Jnly
July
July
July
13, 1678
1^77
1876
17, 1875
14,
15,
48,0ti7
Corn,
Oats,
Kje,
busb.
S.SSK
12,W»
32,H5
2.61S
.
JuLT
«ZrOnTS
THE CHRONICLE.
20, 1878.]
KIIOM UNITKl) STATKS SK.VBOAUn POUTS AND
MONTUIiAI. FOll WKBK ENDED JUliV 13, 1878.
Wlieat,
Imsb.
Corn,
Oatf,
Ryo,
I>l>l8.
)>iir<h.
bnah.
bii-h.
715,8M
liD.nBO
180,799
8?,9I5
Peas,
bnsih
18,018
B
60
18,105
7-,H28
Ba«ton
6,618
TO.S'»
81,188
a7.',I74
B,8«)
691
8.6S0
4J,0:g
90.747
....
18
4'i7.7M
840
U.ii5
£G'',586
lOU
68,714
9?H.3I0
1,875.MJ
181,755
88.9M
67,1111
910,C3(i
l,8M..'i57
1,513,671)
1«,3I9
B7,»50
l^>rtUDd
Mnnlnial.
Philadelphia
miamore
To'al for week.
rrevlooa wt-ek
.
Twoweeksasio
Tl»oo weeks
Tlt,7ail
aod
56.390 1,076,37,1
2,473 bneta. barley;
as!0....
FVomNiwYoik
1,160,561
I,»fi0,685
from
New
nf,m!
51,670
Orkans,
9\m
61,481
109,i;0
15,430
1,725 bbls. flour
Hew
Wheat,
Flour,
ba>'h.
bblf>.
Hoetuii
233,2
3I,S0O
S»,400
10,306
18,972
30,000
2,1T6
l,nJ5.7^0
1,033,521
1.475,634
1,'*9I,4I5
361,118
604.430
8'J-i,754
1.570,025
3I8,4-;4
10.270
9,714
7,«8i
ScwOrloacs
Total
ISI.fiOS
IVeTioiHwoek
...
•7orre«p'lig «ock,'77.
18),I03
8>,9J4
Ont«,
burh.
785,00)
!3S,i9S
5,000
6?,fiU
117,000
]3,('85
Pliilndclphlat
Baltiinoru
Corn,
bash.
5:S,5d8
&3,»16
11.783
115,8 2
8),900
S77.400
68,188
85,167
V,8i0
Vortland
Moutical*
TV>t.Dcc.3I to Julyl3.4,351,';8'l 3'i,72J,6!)1
3,3&i),-'>53
1.3Jh,370
4,84'l,ll< 33,962,826
-St!aotlmels75
4,8il, 107 20,651,175
8«meUmol877
Same lime 1376
Barley,
bu^h.
.550
4,'>U0
Rye,
bui^h.
21,141
tOO
600
9.>8
21,fi00
....
....
lO.SOO
5,3.50
3J,641
72,4T0
12,458
800
7,8 6
3',413
62,442,612 10,491,372 2,390,39i 3,l60..3'i?
41,503,73) 8,U6'i,712 l,8f)9,r00
623 8i8
17,1 3,645 11,613,689 1,971,584
;8I,625
2r,460,791 9 045,212
307,(25
13a,7bO
The Visible Supply of Grain, comprising the stocks in
r^tmaary at the principal points of accamulation at lake and
^4Miboard ports, and in transit by lake, canal and rail, July 13,
1878, was as follows
:
Wheat,
Corn,
bush.
Oat?,
Barlej*,
bush.
burh.
bash.
1,301,4.37
659,544
6«.3,701
at—
"KewYork
Albany
800
23,(X)0
Bnffalo.
5i.0:)9
Chicago
265 4!6
145,7h6
630,4)1
13,640
aitlwaakec
388.129
12,500
1,378
3',ii00
34,938
41,1.3
254 f 60
319,866
2,820
19.f.ei
Volath
n,«63
....
...
65,110
80,918
80.000
176,770
8,073
3J,0D)
198.161
881,474
6?.aU
....
2l,t91
3!3
403
VIetrolt.
^8wes!0*
SLLouis
4ketoa
75,7-38
10,122
114,121
163,592
61.198
Toronto
Mootrt-al (6th)
:rk!ladelph!a
FeoriV
312
176,641
513,454
49,968
2,(i00
25,166
72,000
5,858
49,000
1,818
fi9,i.5i
8n5
7i5
19,200
33,569
45,586
85,574
900
....
80,5.34
iKdi.aapolis
8ii,2i0
SB,6-,4
1,290
-Kaoaas City-
46,531
114,855
1,81
28.',»01
43%940
...
8iO,2)4
59S,170
680,000
841,1)1
31.3.995
1,479,173
1,COO,000
11?,264
110,100
Baltinore
>«tJl ehioment?, week
lake shipments, week
canal (13th)
ToUl
Jaly 6, 1878
Jooe
29. 1378
Jane
Ji. 1875
15. 1878
8, 1878
-<aae
J»ae
4kne
.
.
4,425,357
4,618,433
4,913,132
5,358,467
6,451,49;)
MXT
»5, 1873
6,315,973
6 975,914
7,307,561
-*»ly
14, 1877
8,1.69,842
,
1,1878
6,417,178
',,-374.431
1,530,133
1,617,701
8,983,31 6
1,178.-321
8,151,399
8.7j7,025
1,J86.8H3
2,003,693
8,i0j,!07
2,187,856
2,8)1,319
2,141,303
10,.357,648
L8, 172,061
10.398,33d
8.908,214
Rye,
bush
14i,278
41,300
18,159
17,413
7,934
i:8,7S4
"TWeilo.
•On
993
....
....
5,702
6,795
301
931
8.888
S6,5i
21,7ii0
13,0OJ
24,000
1,026,,564
1,037, 466
1,051,,93;)
1,141,,832
l,'4t, 738
1.103. 514
1,203, 959
1,580, 043
L392,,703
316,721
339,086
318,677
4(14,1011
416,Ml2
531,217
5i6,0 3
507,728
256,070
aBtlmatcd.
THE DRY GODDS TRADE.
Fbidat, p. M., July
19,
1878.
The'past week has developed a somewhat more active move.
^aient In a few of the most staple cotton and woolen fabrics
-adapted to the autumn trade, but the general market remained
'^aiet.
Texas and Pacific Coast jobbers were well represented in
4ke market, and their purchases were en a fairly liberal scale,
^wWle there were also a good many buyers from remote parts of
-<he West and South, who have commenced operations in autumn
.^ooda with rather more spirit than has been witnessed in late
yoirs. The movement in woolen goods was a little more aclivi'
^«Dd men's-wear woolens, Kentuclsy jeans and flannels were seveimlly in fair request, but the demand for blankets was checked
by an announcement of a forthcoming trade sale of 6,000 cases of
%Ia,Dket8, carriage robes, lap robes and horse blankets, which will
*e 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 Company, Waumbeck Company, Winthrop Mills Company, and the
Uorway
Plains Company.
Domestic Cotton Goods.
— There was a moderate demand for
Hamburg, 72
West Indies,
Prices ruled steady on nearly all the most staple makes of
«otton goods, bat there was an advance of Ic. on Amoskeag and
to
cotton dress goods remained quiet.
Woolen Goods.— There was a liberal movement
wool flannels from agents' hands, at about anction prices, ar.d
Kentucky jeans were in improved demand. Fancy cassimeres,
suitings, cheviots, and worsted coatings, were taken with rather
more freedom by jobbers and the clothing trade, and values of
the best makes were unchanged.
Rough-faced overcoating*
were in moderate request, but cotton-warp and all-wool beavers
dragged, and there was but little animation in black cloths and
doeskins, cloakings, fellings or repellents. Linseys and dress
plaids received a fair sLare of attention from out-of town buyers,
and a few orders were placed for staple makes of autumn dress
goods, but shawls were neglected. Fancy hosiery, shirts and
drawers, and fancy knit woolens, were fairly active, and liberal
sales were made to buyers from remote sections of the country.
Foreign Goods. There has been no movement of Importance
in any class of imported dry goods, and transactions were mainly
in
restiicted to filling small orders for light
to Brazil, 59 to Hayti, 44 to the
summer
dresa fabrics,
Importations of autumn goods are coming forward slowly,
and but little improvement in this branch of the trade is expected
before the early part of August, though a few of the more distant
buyers may commence operations before that time.
We annex prices of a few articles ct domestic dry goods
&c.
:
'ricl£tns«.
Width. Price.
Amosk'g ACA.
do
do
do
A..
do
do
do
do
B..
do
A(;E.
do
No. 1.
do awning.
do
No. 2.
do
No. 8.
do
No. 4.
do
No. 5.
do
No. 6.
do
No. 7.
do
No. 8.
do AAA
do AA
do BB
do A
Hamilton BT..
do
TT.
do
D
Lewiston A..
do
A-...
do
A....
20
15
14
13
C.
UK
D..
B.
do
P.
do awning ..
Conestoga
do prem A.4^
do do B.4^
do
ex... 4-4
do
ex.. 7-8
do Gld mdI4-4
do
CCA7-8
do
CT..4-4
do Penna. 36
7-8
do
do
AA 7-B
do FP
do
ii:....7-8
Widtli. Price,
32
16
32
17
32
17
22-25
..
..
15
..
14
loy,
10
15X
'
is
17
16
15
15
12M
13«
12
17
9
..
12'/,
..
10
10
..
Lancaster
do
..
36
32
30
16«
UH
....4-4
Omega medal.
do
do
do
do
do
33
33
33
32
36
...
ACA..
ACA..
A
Pearl Rive.-
Palmer
"—
Pemberton
"
*
do
do
HX
13!4
W«
..
20
Vinnehahi... 7-8
>•«
14
13
12
10
-.
4-4
do
7-8
Methuen AA.. ..
ASA. ..
do
9X
..
.
io"
Width. Price.
AAA.
Cordis
IB
4-4
B
E
AA
14
UK
11
Swift River
ThorndikeA.. ..
do
E .. ..
Willow Br'k No 1
York AAA
.38
do
18
15
13'/,
18
80
22J<
88
85
17
15.
15
16
1)£
8K
9
9
ISJi
18
16
Strlpea.
Americ.in
Century
9-10
IIX
Columbian
do
11'/,
Everett Cheviot
8
14
l!>i
do
heavy
Hamilcon
...
I,ew'nAA.Chev,
do
A ...
fancy
Bates Cheviot..
Belm'nt Chev't
Clarendon do
Crceilmoor do
Cherwell
do
Century
3:3
OlisBB
27
Amoskeag
8X Park
,1^
Mills Ch't.
nn
ThorndikeA....
12X
B....
tlo
Uncasville A...
11.14
10
8X-9X
do
UCA. 10-11
Whittenton A A
10
do
B...
9
Maasabesic
....
Denims.
Amoskeag
do
AM.
Boston
Beaver Cr.AA.
do
BB.
do
CC.
Columb'n h'y bro
do XXX brn
Amoskeas
16H
Everett
Lewiston...
Otis AXA..
)o
S
13>i
12
10 >4
15
15
BB
doCC
do
!6
ao
IThomdlke A..
Uncasv^e UCA.
York
Warren AXA..
13Jf
IIX
30H
Pearl River.
I
16
I
,
I
Haymaker
Corset Jean*.
8V Ind. Orch.Imp..
7H Nanmkeag
9
do
I
6X
'i"
lOX
9
sat..
.
...
Pcppercll, blea..
8)i
do
Rockport
8
Suflolk
9>f
Laconia
Manchester
do
brown
Hamiltoa
13«
....
Newmarket
sat....
Kearsarge, sat.
do brwn3kb'.k
6)i
16
do BB. ..
do CC. ..
Gold Medal...
I
Androscog'n sat.
Cnnoe River
Clarendon
Hallowell Imp.
lOH
I
I
.,-,
Palmer
sat.
2^
..
Domestic GInsUams.
Alamance
Amoskeag;
Miami
10
9>f
Baird
I
Larcasler
Bates
»
Namaake
Glasgow fancy
Gloucester, n a....
9
9
Plunkctt
Mohawk
9
,
RandalmoE
Renfrew dr'as
9
8!i
9
9
style
. . . .
Belfast
Shirley
|
I
II
,
IWhiteMfgCo
I
|
Carleton
iTohnson
Ufg Co
8
ux
Cotton Salt Dnck.
Woodberry and Dmld No.
No.0
No,l
31
29
No.2....
28
No-3
No,4
S7
No
8
No.6
No. 7
„..
21
Emperors
30
30
80
8..Z
15
n
»o«
IOCS
l»os
isoz
Bear (Soz. )381n..
do heavy (9 oz.)...
Extra heavy bear. .
13
15
17
Mont.Kavena
do
28
29in.
401n.
Woodberry and Ontario
U.S.A. Standard gj,*iln.
Ravens
Greenwood's (Soz.)
Ravens
25
24
23
22
No.8
No.9
19
10
Cotton sail twine.
Light DuckGreenwood's (7oz.)
Mills.
domestics for export, but transactions were restricted to relatively
small lots. During the week ending July 16, 1,890 packages of
cotton goods were shipped from this port to foreign markets,
Soclttdlng 701 packages to Great Britain, 320 toU. S. of Colombia,
114
Prints were
taken more freely by interior jobbers, whose purchates of mediam
and dark fancies reached a very fair a^'gregate, but ginghams and
—
* AI'O 10,118 bushel!! oeas.
t Aleo 1,350 bushels malt.
Ik Stobb
Agents have established prices for cotton flannels on a very loir
and a liberal distrlDation of these goods was effected by
them. Print cloths ruled quiet bu!;flrm, at 3 916c.,caBh,to 313., 30
baslii,
Do.\iE8Tic
ZKCBIPTS OB FI.OUR AND OUAIN AT SEABOARD POHTS FOR THK
WBBE ENDED JUr.Y 13, 1878, AND FU3M DEC. 31 TO .JULY 13.
York
the interior by canal, and there was a moderate inquiry for relatively small parcels of denims, ducks, ticks and corset jean*.
days, for C4x0-l3, and 3ic. toSic, cash, for 50x60s.
87,9i6 bu;h. corn.
At —
Stark grain bags, and Amoskeag A. C. A. tlck.ii were rednced ie.
cottons were in fair demand for shipment to
Brown and bleached
4r.')IT
Flonr,
Fa»x—
Raw Yurie
FROM
75
19
S3
aa
ODtarloTwlB,S6in. 17
do»)ln.(8oz.ezql) IS
BxtwIa-'PolhemV'
W
etolt
M
»
USi
Cotton Yarns.
-4e.
Pandleton S
I
Sargeant
6
[Fontenoy 6
to 12..
80
ItXT,
IS
IlLXZdo
.
—
o
.
.
THE CHRONICLE.
76
Exports
Importations ol Dry Gooda.
The
importations of dry goods at tbis port for the week ending
July 18, 1878, and for the correeponding weeks of 1877 and 1870,
lave been as follows
SSTBBXD FOB OOUSDltPTIOS JOB THB WMK SNDINe JtJLY 18, 18'8.
:
ISTn
.
Pkgfl.
562
cottou..
do
790
filk ....
do
6:8
>do
llax.
.
4S5
Hiscellaaeous dry goods.
834
KannfactarcB of wool...
TotJl
eSi
fS.30,934
21i<,nB5
1,147
314,043
1878
,
C28
9i8
4l8,5i:j
mS
3T7,26-i
.'38
658
114,744
76,970
B2j
2J0
Vainc
Pkes.
Value.
lOO.tfM
73,538
O
-
f«
ot wool ...
cotton..
Bilk. ..
do
eo
do
SIC5,78J
73,996
48,533
68,773
6,642
J!85,C92
1.724
191
19,605
180
42.503
43,847
9,976
f83
1291,707
2,749
1,064,705
1,446
3:311
J319,.339
1,263 952
e05
3,0S6
5:237,772
l,0ri,921
3,637 11,356,413
4,763
$1,583,291
flax ....
Total
Addent'd
for
conaumpt'n
Totalthrown upon mark't
459
419
SS3
$198,663
93,083
8-',743
117
78,614
707
0!
86,2-9
31,394
1,281
8,749
t471.431
1,061.7.0
113
3S3
MiBCellaneons dry goods.
Total
Addent'dforconsumpt'n
Total entered at the port. 4,030 $1,535,127
Importa o{
The
irt
^^
^/^ in, u-^
23')
10.5,436
110
28,231
7,039
5(',C61
1,6:5
£,314
JB04,O.3O
1,263,952
7,636
8,086
1,071,921
4,939
^
i'^
•
$1,767,932
1,104,004
2,174
5'.97tl
27',i71
Qom, Arabic...
1,83.5
Indigo
4,217
2,410
3,70
2,989
24 9S9
636
12 9S9
36,324
29,792
2,663
3,163
3,901
Hadder&Ext
of
Oil, Olive
Opiam
Soda, bi-carb...
Soda, sal
SodaaBh
Flax
Furs
Snnny
cloth
Hair
Hemp,
bales
2,019
85,466
435
!3,f0i
30.463
34,815
1,927
3,342
5S8
2,359
112,6c6
1,5(1(1
Bristles
Hides, dressed..
India rubber
Ivory
Jewelry, &c.—
Jewelry
Lead, pigs
459
Tin, boxes
Watches
Linseed
Uolasses.
:,548
S92
219
207,8118
223.731
5:,9it
66,5.30
bbis
Sngar, bxs
&
& bags.
Tea
Tobacco
Waste
:..
OQ
*•
KtCOO
BreadstnffeFlour
bbls. 2,111.098
Wheat
bush. 24,692,933
Oats
"
"
Eye
"
Corn
No.
18.710,007
6,147,236
1,904,976
8,510,849
121 .88^
41.179
416,801
1 00.243
478,078
8.131
105,426
in
637
43,811
60,301
18,6i8
48.696
73,3:7
bales.
bales.
48,6-24
Barley* malt"
Grass seed. ..bags
Beans
Peas
.bbls.
Com
bneh.
meal., bbls.
Cotton
bales.
Hemp
Bides
Hides
Hops
'*
o«
.
Pish
Fruits,
76,11-.
Leather
sides.
Molasses
hhds.
Kolasses
bbls.
Haval Stores-
2,260,201-
Crude turp.. bbls.
1,756
IS
110,001
Spirits turp
"
S8,a5.^
Borin
"
"
196.S43
Tar
12,801
Oranges
Nuts.
$
7=8.025
1,882,204
521,753
4.58,219
170,'J82
CO
*
'
M
!
— cot- O !^ t-^
T- 10 c*
M :o
w W* O OT £ CO ^*~
^ tT
(?»
JLO
O* CD to tnen
00
w
•(3;<o'»
•
Ci I- . c-«iO:OT»«W»-"--03»0'^S>l""CO«.'3tO
•ifsTJiO.'
"-4"
tOci
'tOtO
CO
sOritO
o
M
'&
eo
•
Ci
.lO
'tis
I-
.*-<
-io
O'-'O*
P3
'
— lO
••->
00CW
*6t —' »o !M
CO
*
ao«3
•
T-<
Ta—
W
(
1-4
^O
—
CO to ^- C-
»
G
^
O ^>
-i*
o
P?CC 7?
3
trtr-oOv-ioos^j^^^
c«
i
ow#'^'p» ^c^i—
>c^TtT^ ^^ta
crj-r:oo
=» -;
—
CO
^3
f t—»
i- t-
t- !-• rH
XI
-««
Tji
I
M
—
•Oi 00—'
. o-.
OD 00
OO
» *"
"'
'-e '-0
CO
"£
:S
iS
•a- fry
S""
ft'*
coo
ir>
eo-oT
•
CO 00 30(30 -^
ono irt o -
.Meot-ccwioi^t'Oy
§ T* -1 o
'-<
o.
i-" a-,
t-
i'l
.
.
r-.QO
6'/9,856
140.682
154,943
160,038
49,213
86,341
267.021
316,149
249.466
22.398
410,851
36,913
,
Fustic
Logwood
Mahogany
M <1^
1«
5:6,9(6
6,86,4.61)0
S4,.5b2
5oc»
5 s-*
0e4
—o
18,479
378,034
21,192
»t»
*0
-v"
« ra
bbls.
Peanuts
bags.
Provisions
Butter
pkgs.
Cheese
Cutmeats..
*'
**
Eggs
Pork
"
Beef
Lard
Lard
"
"
"
,
.kegs.
Starch
Stearine...,
34,018 Sni.;ar
...bbls.
2,269,950 Sugar
..hhds.
363 Tallow
..pk^e.
67,854 Tobacco. .
Tobacco... .'ihhds
1,718 Whiskey..
.bbls.
83,294 Wool
bales.
.
Dressed hogs. .No.
•
•
<»
oH
.
and
•
-.0
—
•
o
wO ^ O 00
.
f-i
CO £2 '»
•
J2
10 CO
•
22
rK in
Since
Same
'78
time 1877
851,635
9,44
45,344
2.493
: 6(1, 1 94
11,125
63,8J9
1
1,'
821.891
165.867
83.264
482,K09
83,693
617,4r6
887,872
493.493
325,296
109,752
23,721
210,257
ai,f36
16,801
2-2.184
J85..'54
192,916
11,139
885,294
1,863 669
738,191
12,938
488
11, "39
46,475
03,677
72,619
108,333
49 283
19,307
i>m
'^trSq;
00
r^
^-^
.eo
239,9!18
1878,
1,
Jan.
bbls.
52,03-2
y^* 'J*
1,1 24.9.19
353,6^4
193,998
119,043
vVoods—
Cork
3!). 139
120.884
6.264,.l90
Ginger
Pepper
pkgs.
11.645
^
JZ
2(l,4:il
6.-6,233
Raieins
Oil, lard
1
tin
. w>
'OJ
•
491,198
32,879
$
Ac-
Lemons
355.130
3,534 Rice
•
.W9,990
814,f8;
25.DS5
396,488
188,813
Corks
Fancy goods
1,405,211
117,8(18
eo,;j04
--.
:
value—
Pitch
Oil cake
2.«53,f.32
1-1
•
5
Cigars
4,429
4,962,021
842,33'
1,928,673
75.263
41,894
160,612
134,705
.
,
^S
00
•
Wool, bal98
ArlicUs reported by
Same
13,:i20,(;0(i
voa
CO
»..
2:00
•rOtO
iT) ifS ti3
•»aou3
v4
.
1,777,92!
Wines
Jan. 1,'78 time 1877
2,54:
.
50
c»
St-wiokoooco
Q r^ « "O t- -:^
.^-O'mtooio
,S:coco
Receipts Of Domeatlc .Produce.
pkgs.
O C
=^
^.^.^.'^ 5; 5 s s s 2
-^
m "*— — go't- r«
5,707,411
101,695
349,967
l,151,5f3
525,917
31,235
receipts of domestic produce since January
for the same period of 1877, have been as follows:
Asbes
..^^
J^ ,— >—
'^2t-S12ii^'»«^'^"-'5t-o>«oci
.
Wines, &c
Champagne.bkt-'.
The
Since
/^^
Same
473
67 509
481.405
36,747
634,^56
7-3,33
Saltpetre
1,579
-^
.-* .-i
C:
»-•
^
^
M
EOS
717,765
23,609
5S2.467
6,034,752
&c—
32,^
,
_
returns,
1,9:4
4,'28(1
Spelter, lbs
Steel
Kice
84:
Spices,
3,448
Cassia
811
2,479
25.196
755
.**
^7
^oSdio
2
0:£)-c.-,,.-''Srt-.-,ai4rajj'TJOi-«C50'-"
^5 'IT jja acj -D t- t-i t- CO O.^ J: r^»-i
CO
(M a(J^ r-
$298,121
2,'6'.
Hardware
87,874 Hides, undressed..
Hides, &C-T-
vt
Ac-
Tin .'labs, lbs...
Paper Stock
Cream Tartar..
Qambier
?
0--'
Sngar, hhds, tcs.
16,840
1,198
j*-h
this port since
Since
12,lt7i^
6,.55"
—
now
Custom House
20,550
19,374
11,267
1,143
.-^
^^> *»*
10.923 $1,368,0)2
Cutlery
852,0.2
3,068
t^
j-v^
:;^
Jan.1,'78 time 1877
Metals,
3,4.37
'/^
rM
.'(^
0-tf'=ROWOQOO''-<°piO-3':-»OI^COa^»n(001C0 03?»on
C" 00
•to JO
6.7:?
19,951
160,104
11,504
4,181
^
^^
rr\ fV>
i-if-if-i
O
I<eadlnt: Artlclea.
6,353
20,031
122,186
10.595
3,120
4,735
60,\:«
12.959
^^ r^ /m
.-^ r^ t^.*
•-*
ee(Mr-«
Since
Same
Jan. l,'7e time 1877
.
*- f—
-^ »- ^C5 3-.
-.- -__-.
1 :a'aj^oo^w_.ii
wo_"^ir<__coa='^aoo-3-_ir;
,. —
iijust— ifi^iO—
„
ioosi>QO jj
'" ao i-'t--'
t£=n"t-'rp"-rr^
t'-'^3' "f^
«5
uu'V-^f
c5 t^ '?'-D iO(-T? -r --Oi •-* to
V? i~ tr tr^
[The qaantity is given in packages wnen not otherwise spectfled.]
Barthenware..
Glass
Glassware
" Glass plate
Battons
Coal, tons
Oocoa bags
Cofl'ee, bags
Cotton, bales
Dregs, iftc—
Bark, PcruTiac.
Blea. powders..
Cochineal
r^>
'to ro'-ra
3,891 $1,309,393
$98,918
66,960
38,2*6
41.916
6how8 the foreign imports o{ leading: articles at
January 1, 1878 and for the same period in 1877:
Earthenware—
China
i(7i
O^
-•Ot-ifS
f77,7e4
63,682
272
55
234
following' table, compiled irom
China, QlaBS and
in
PBRIOD.
«!88.449
73,516
-.65
177
193
64
82.176
60,144
MTBBSS FOB WABKBOUBINe DURINe BAMS
Mannfactnresof woo!....
COttOD. .
do
Filk
do
do
flax
m
3,056 $l,071,9il
20 r
183
85
35?
619
240
217
63
333
8i
Hiscellaneons dry goods.
CD ^^
556,271
323.509
160,330
55,333
BAMB PSRIOD.
Hanuf actares
irom New York.
lieading Articles
table, compiled from Custom House returnp
shows she exports of leading articles from the port of New Tors
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 valves, including the
value of all other articles besides those mentioned in tlip table.
ASD THKOWN INTO THE MARKKT DDKINS TEE
•WITHKBA-WU TBOM WABBHODBB
tt'
The following
$271,5J8
169
3,311 fl,363,952
2,749 $1,061,706
.
.
PkgB.
.
•
1877
,
Value.
$2)3,935
[Vol. XXVII.
0^90
'
iO 5!
:S3-
S M„-i
46.7-26
90,341
53,478
59,048
:
» 10 ^' ^
:SSs5§-§ -gggg
I
too*
;
r-«o
o;^i»
Otn
:^?»^
.00
;_
c> tn
V m OS
'
J,
^e
ec QO
O T^
o^-<j«_
CD
W «
•wn s
,
OD
'«efi
• t)
:
Ofr'
<
CCOO
!•
636
12,097
38,140
107.741
:=«:s§ •^-
•0''
-
.
,
a
.
.
:j=J-
•
•'E.a
.
•
:<£:
si
•
*
a
"J
BooSSKbooPh
^SOOPh
2
S
o'Sa:^.-=.-5^ai j 8MMB50
S03MCOO J SgfsSs eS &'Sa:^.-=.-=^a3a
gSs
8i-§
gs§
&
H
.
July
30,
UENEUAL
PRICES OUftiCBNT
BUILUINU MATKKIALS—
M
0nct«—Uoiumaa tmra, afloat.. V
Croton
rblUd«lpbIa
SCO
; 1X1
39
Ui>
0(ni«n(— KniKu.liHd
fiblil.
DU
L(m«— Stale,
W
'•'S
common
bbl.
tX
•
tt
«
4
13
tmi
2101)
Maple
WM.rt.8000
jra<i«— luatUd.cfm.rea.k ib.V kog ...
t 25
ClInab.lH to am.ftlonKer
33 00
i 40
B
i 9S
* M U. W
Oak
Alb, good
Black WKlnut
Apruce board* A
Homlook board!,
Sdan*
„
Cuttplkoi.allilzei
rufitU— Ld.,wh.Aii,.p'ire. Inoll V Ik
Lead, wn. , Amer., Dure dry
£lne, wb.,Ainor. dry. No. t
ZiBc.wh.. Amer.,No.l,lnoU
Farlswhlte. K.-.t.,I0ld....V icon.
BgTTKK-JWboIcsaie Prlcei;—
Tubs.ftooil
oJ to choice state
Vib.
State
"
Wo«i*a creamery u*d tool
Wclnli.Stalc.
gM
Weilora dairy,
S
•
10
1
tocholce
3<i
am 0021
a
a
a
«
•
A
S
II
u
283
a
8
4
•
ft
•
a
1 IS
17
7
7
"
a
ijooa
-
8 110
13 00
AITTBBAOITK— Tbe follOWlPI wtll Bbow prices at
Jtat auction ur prevent ^cUedule rates:
hectn.
D.LftW,
U.ftH. F.JIR. L.
*w.
Sohed.
Auction.
New-
June 26.
Uoboken.
bnrir.*
n'mb..|S
43
3
3 9U
3
Store...
"107e... 4 03
9
h'nat.. 8 30
Ch'nat..
90 centa per
Stt
Sched.
N. Y.
Harbor.
t3 60
IS
gnte... 8
....
York.
nx®3
3 «0
3 73
30
60
Bched.
Port
John^t'a.
^10
....
....
S &I
3 73
4 ^0
4 ;0
....
3 25
3. eO
....
3 80
tun additional (or delirery at New
57M®3
»7H@l
...
93
Oorifsiittto, ord. car.80and9Cday«.gld.«l
"
natlveCeyloa
Mexican
Jamaica
Maracalbo
gold.
gold,
gold.
gold.
gold.
gold.
gold,
gold.
laagnayra
gold
"
do
dofalr,
do good,
do prime,
JaTa.mata
8t.
do
do
i>omiQgo
a
13H3
16 4
11
"
•
23
13
15
'*
"
"
"
13
14
13
13
'
14
*'
OOPPKKV
Bolls
oheatbing.new (overia OS;
I
3
e
a
a
a
13X
a
17
a
fi
lb.
28
26
2<
,
20
21
80
3 6J
17 '.s
Jalap
'•
Ucorlce paste, Calabria
"
32
IIM
30
26 so
1
....
a
8
.
a
26
25
26
'•
e
a
a
>
car.
22
a
a
a
29
1
Hi
*
2.'>
1
2S
18
a
a
27
a
a
•
5X
a
'xa
bond), gold. 3 50
Prussjate potash, yellow. Am. .cnr.
it
Qilcksllvur
gold.
47
Ualnlne
cnr. 3 :o
Khnbarb, China, good to pr.... "
so
Balsoda, NewcastlcViUiO s, ,;old
Shell Lac,2dft Ist English, fi&.cnr.
is'
....(In
1
ISi'
8
1
60
1
•'
do
do
..
per
Valencia,
2 75
14
"
,
»275 OO
«
19
19
19
Calcutta, buffalo
••
21
21
211
a
19X
a
S
IS
10
a
a
!?>*
i8xa
*
•X
good
to
8X
It
O
1
23
•-2 IX)
167X9
a
>2X«
I
UH»
;va
18 a
4 a
10 a
50
a
18X4
I'Jsa
12xa
4
*
a
a
3sa
f a
6xa
2!
11
:i
lo
a
a
4^
a
e
35
34
<g
S3
37
35
a
B6
34
S4
(g
<a
35
&
IK01N-»-lB, American,
*
No. 1
Pig, American, t,o.-.i
Pig, American, Forge
Fig, Scotcn
,
ton.
16 50
IS SO
14 50
22 73
a
a
a
a
18 00
17 10
16 00
24 OC
Start lytcei,
Bar,Swcdes, ordinary sues, ,Vton, 130 00 ai32
*
Scroll
lb.
2
5-10®
®
Hoop, 54x.So.22 to l&'.Xx 13414 "
5
2
..gold » lb
Sheet, Kupsla
H>X@
Sheet. single, double* tr-ble, com.
3Ha
ji ton, car. 32 00
Ralls, American
36
a
American
Ordinary foreign
Domestic, rnmmon
Bar (discount, 10 p.
"
'•
Sheet
43
a
1X1
50
3
S-ll)
II
4
IlO
14 00
V
gold
100 lbs,
'20
8S
^\^
8
17
*H
13
8 00
IJ
n%
14
6
V
c.)
6 40
3 87K
5
a
a
a
20
common
*•
c
21
a
IS^S
20 ^
23 a
2i-i
1
iilde,h.,m. &1....
**
rouKh
Slaughtercrop
Oak. rough
roxas.crop
24
25
21
21
23
27
23
26
a
a
UULABSKS—
gal
"
"
Ma8.,refln.gr*d8,50te8t.
grocery grai'os.
V
Pepper, Batarl;)
do
SInaapore..
do
white
Cassia, China LIgoea
do
Batarla
Ginger, African
do Calcutta
84»
...a
....a
uxa
....a
Cloves
do stems
80
••
""Kominal.
32
"so
*5
45
®
"
»
Pitch, city
Spirits turpentine
a
W a
190
bbl.
1
•
'
200
V
gal.
strd.V bol.
good
low No. 1 to good No. I ••
low No. 2 to good Ho 2 "
low pale to extra pUc. ••
"
wiudowglass
Rosin, strained to
2
a
1
1 73
1
12X
2 l.'H
2 12H
a
2SHS
42X&
a
a
a
V
SS
5
liXi»
12
4S@
BH9
Navy & best » lb.
ii"
lOX
OILS—
V
gal.
^'
85
1 10
"
I
56
30
60
53
*•
"
•'
"
*'
"
"
1
CAKE—
V
52
a
a
PSTHOLKHM—
gal.
...
31 00
29 00
a
6X
iSXa
14«
V
Refined
Naphtha. City, bbls
PKOVISIOHB—
Pork, mess, spot
Pork, extra prime
Pork, prime mese. West
.V bbl.
10 3]
*•
•*
Bcel, p'alll aiess
Beef, extra mess
10 2J
11 'iS
"
Beef liai'is, Western
Bacon, Webt. long clear
•'
,
V »
**
Hams. smoked
"
Lard. City steam
13
57
31
ao
54
45
88
lOS
02
45
City, thin oblong.bags, gold. V ton.
Western, thin oblong (I>om.)cur **
Crude, In bulk
Cases
a
10 50
a ....
a 10 30
a 12 00
22 00
a
,-i>
s 75
11
llSf
•17X
f
6XS
lb.
"
1
**
?5f
V sack.
Timothy
Canary, Smyrna
fl
V
7!4a
ft.
bush.
.
1
J*®
8u a
I 70
Canary, Sicily
Caiir.ry,
Duich
Linseed
Dombay
,
V
V
ft
mx
1
1
I
ii ft. gold.
Si
•
®
®
a
2 04
4 00
890
07
1
'•
....
3 94
T4W«
6Xa
9 a
9X®
loxa
American cast. Tool
American cast spring
Amcrlcat machinery
American Oerman soring
1«
>
10
BUGABInferlortoconunoa'.-eSnlng....v ft.
••
Fnlr
gv^a
Good
.."a
.3
7
7 8-16
7 s-ia
....5
TT-'a
7
ti^i^
411
•«
rcflniag
Prime
••
Porto Ktco. refli (air to prime '*
•'
Boxes, clayed. JJoB. 10O12
"
Ceutrlfugal, Nos. 7®13
a
.
7jJa
"
"
Melado
Manila, Bup. and ex. sup
Batavls. Nos r'@12
Brazil. Nos.SfSl!
ij-^ited— Hard, crushed
3XB
7V^
6Va
^Xi
9X'<8
sna
ejl^.^
«•
•
'•
Hard,powdered
do granulated
do cutloaf
••
**
"
9j<3
9>ia
85?a
'•
Coffee, A, etandard
•
do
A
WhlteextraC
Extra C
oil'
"
Other TenowV.'.,".'..".'.'.'.'.'."''".'
Molasses sugars
"
%%t
h
••
7Xa
a
*>
gild.
1 8]
...
»
a
8X
8X
IK
7X
ft.
1
6 15-15a
TIN-
Banca
gold.Vft
1
95
SO
90
...to.
...a
"
Straits
C
Vbxgd.
**
coke
Plates.
Flates.char.terne
I.
nx
5 30
a
®
6 75
s
5 50
6 00
a
a
a
26
85
45
14
a
....S
••
English .refined
14K
TEA—
i4yBon,CommoBto (air
cur.Vft
do Superior to fine
do Extra flue to finest
,,.
21
23
33
Choicest
Nominal.
(air
Bunpowder.com
to fair
do
Sup.tofine
do
Ux.flneto finest
UncoloredJapan.Com.to talr
Sup'rtotine
00
Bx.finetoflnest
do
Oolong, Common to talr,«««,
do Superior toflne
do Ex fineto finest
do Choicest
TOBACCO—
,
fair
Choicest
lugs, heavy
Wft
Keniacky
••
"
leaf,
com. to floe.
Seed leaf—New Kng.wrapper»'76-'n
do
fillers, ^6•77 .
Pa. assorted lota,
3
3
10
5
*76-'77
American XX
American, Nos. 1 A
American, Combing
40
55
18
W
aal.
29
SS
to
2T
88
60
75
S«
40
SS
75
a
a
a
a
4X
la
SS
7
8 «s
78
63
12
i«
10
a
a
a
a
a
a
a
38
83
44
88
a 1»
82)i
a
24
Tara, land II cats, assorted
Havana, com. to tine...
Hannfac'dfln bond, black work
"
" bright work
WOOL—
n
N.
20
28
39
24
SO
42
to
21
so
45
60
Sup'rtofine
Rt. fineto finest
do
96
17
19
do
do
do
do
W
SO
48
60
83
50
80
22
80
45
Imperial. Com. to fair
Sup. to fine
do
Extraflne toflnest
do
Byson Skin. A Twan..com. to fair.
25
65
21
Sup.tofine
do
do Ex. fine to finest
do Choicest
80UC.& Cong., Com. to
@
20
28
45
75
Snper.to fide
Ex. fineto finest
Choicest
a
a
»ft
82
38
87
2
Extra, Pulled
80
18
CUp^
Superior, nnwaahed
Fair
».
26
21
a
a
•
» •
•
28 a
16 a
45
M
24
15
li
IS
an
2«
SB
!8
80
n
ti
18
— BT«i».—
FRBIGHTS4(1
2 5)
1 73
IlHmp. lorelgu
Flaxseed, American, rough. .r
Linseed, Calcuiu
gall.
Interior
SEBDS-
i^
••
N. V
8 75
po
8 30
00
3 60
8 60
4
"3
"
Barry
Sjoth Am. Merino, nnwaahed
Cape Good Hope, nnwaahed
Texas, fine. Eastern
..
Texas, medium. Eaa tern
gold.
Smyrna. unwashed
K a
27 tt
290 a
bush.
|i
a
....a
....a
**
....
SALTTurk*s Island
St. Martin
LI varoooi AsbtOD'B fine
••
••
••
14
gold.—
a n 00
a 800
a 4 o«
a 8 as
Store Pricf.
No. I. Pulled.
California, Spring
RtCKOarollnR,fa1rtoprlme
Louisiana, fair to prime
Rangoon, In bond
Patua. outy paid
gal!
Kngll8h,cast,2d&lBtqQallty Vlbgold
BngliBh,8prlng,2d 4: Istqnallty.. *'
"
English blister, 2d&lstquality.,
"
English machinery
••
English German, 2d 4 1st quality
Aiu^«i«»" i,iio»or
car.
do
do
do
lb.
Flliierts, Sicily
Cotton seed, crude
Olive, in casks * gall
Linseed, casks and bbis
Menhaden, crude Sonnd
Neatsloot, No. 1 toextra
Whale, bleached winner
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil. N08. I and 2
(Cal.) dellv. In
Young Hyson, Com. to
52Ha
2 50
3 75
Brazil
Walnuts, Naples
Pecan.
OAKUM— Navy,U.S.
.
9TKKL—
do
N UTSAlmonds, Jordan sbelled
•
•
...
,
V
w
»
M
8«
t
20
35
Nomli,al.
"
...
Tar, Washington
Tar, Wilmington
6 00
a 5»
ITS
gold
ft,
Prime City
<a
"
;
iflHt
car.
TALLOW—
V
Cuba, clayed
6
4
7
21
IS
13
12
lb
Hemlock.Buen. A're8,h,,m.*I.¥iib.
"
California, h,, m. 4
Clover, Western...,.,,
Clover, Now York State
8
37X^
6
cur. S 25
LSATFIKR-
"
too ft.KOld.
8P1CKB-
Brandy
Carthatiena, Dressed
Nlcarpgna, nheet
Nicaragua, scrap
Honduras, sheet
Mexican, sheet
••
4 It
Whlskev
37xa
;
a
a
SCO
I
Brandy, foreign brands
Rum — Jam. ,4th proof
St. Croix, 3d proof
oin
Whiskey, Scotch
do
Irish
Domestic liquor a~
Alcohol
prime
.'
a
a
3 ro
4 73
..
Nutmegs, Batavlaand P.enaDg
Pimento, tlamalca
Vorks. com. to med...«.
'•
I
Ru-reeled Tsatloes, beat
Ke-reeled CoDgoun.No.
SPIRITS—
do
"
Tsatleen, No. 2
Tavsaams. No.
Mace
Kastern
Wisconsin
Old
Cuba,
6.17H*
>S0 a
81LS-
Forelgn
Domestic, common,
a
a
«
•
a
7
.per 100 Ib.gold
8PKLTKH-
HOPS—
,
Applea, Buuihern, sliced
V ft
do
do
quarterf
do
Btate,8llced
do
do quarters
Peaches, pared, Ua., good to choice
do
unpare'. halves and art...
Blaekoerrle-, c op 1879
,.
Haspherrles
(Therrles, ary mixed (crop 18;'3)....
.Plums,
riums.Btate
State
irobrtlaberrlcs,..,
»
3 60
1 TO
2 10
,..,,
'
13
23
67«
a
9 110
12 30
Ftgs.layer
I>rte(l—
a
4Ha
Canton mnger.wh.fthf.pots.V case.
terdlnes IH halt box
Sarolue'. V) quarter box
Macaroni. Italian
11 lb
so"
00
11 no
13 00
1
new
Carrants, new
Citron
Frnaes, Turkish (new)
do
French
Dates
DomesUc
W
SO lb. (rail
Loose
63«
7H
nsa-
rKUIT—
,."
20S»
i9wa
"
CalcatMklps.deadgreen...
OIL
1
Sugar of lead, white, prIme.Vlbctir.
Or'dBk.t Ooorge'e (new) cod.W qtl.
Hackerel.No.l.M. shore
pr.bbl.
Mackerel, No. 1, Bay,.
Mackerel, No. 2 Mnss.shore
Hackerel, No.2, Bay
aiO^ 00
a
a
4M«
211
"
"
Calirornia,
do....
Texas,
do..., car.
&. I.8tock~-Ctk\. klps.alaugbt. gold
....
4 00
IS 00
56
sua
17
21
or. vltrioUes Brimstone)...
BUsbks.Seeaiess
do Layers, new
Matamoras.
do ..
IFct.yaiMd-Baen. Ay, selected
Para,
do....
....
a
3 ')^n»
S5
•'
Vitriol, blue. common
5
i)rtf— Buenos Ayres,aelected.Vlbgetd
UonteTldeo,
do...
Corrlentes,
do....
Klo Grande,
do....
Orinoco,
do....
Calirornia,
do....
New
•»
Crude
Nitrate sods...
HIDBS-
NAVAL, 8TORKS-
29Xa
"
Licorice paste, Sicily
Licorice pHste. Spanish, solid., .gold
ftlUUB.gold
011
»•
Porto Rico
N. O.. com. to prime
a
32X3
.
,
Juto
do
do
Barbadoes
lOM*
.
Msdder, Dutch
Madder, French, K.X.F.F
74ntgallB bine \leppo
is;..'
i I25<i
••
refined
CaatoroU.U.I.lnbond. Veal. .gold.
Canstlc soda
V 100 lb
"
Chlorate potasb
'*
Cochineal Honduras, silver. .
"
Coeblneal Mexican
cor.
Cream tartar, powdered
"
Cibebs, Kastlndla
Catch
gold.
"
Oambler
per ICO lbs.
cnr.
Qlnseng
"
Olycerlne, American pure
870
38
.»»
Deraerara
cur
gold.
*•
8
Bodaasb
17
lOXd
••
Arsenic, powdered
Bt earb. soda, Nevcastle.tR loom •
s;3
Btcbro. potaah
Vlbcar.
Bleaching powder
V 10 ». '•
1 26"«
Brimstone, 2n Is &Srd8, per toD.gold.24 50 6
Brimstone, Am. roll
fa. .cur.
iXi
Opium, Turkey
li
16
a
American Ingot, Lake
Camphor
\l^
.»
0iaxler>'(oTar l>oz.)
Aloes, Cape
Aloes, barbadoi
'•
a
LEAD—
25
a
COTTON— riee apeclal report.
DRUUS A UYKSAlnm, lump. Am
V) 100 ft
30
lit*
gold.XO'jii
Italian
.Manila...
Blsal
Steel rails,
16(49
"
"
gold.
gold.
gold.
Bavanllta
CoetaRlca
KussIa, clean
Panama strip
COAL...
ton,
yi
Para, Qne
Para, coarse
Ksmcralda, priibsed, strip
Guayaquil, p essed, strip
12
8
State [actory,prim«toehoIce....Vft
lilrerpoolgac cannel
Liverpool honarcannel
43
INDIA RUBBBR-
UBEKBK—
Wesiera lactory.g'a to choice..
Amerlcan drehsuu
AmerlcaL undressed
»
lOU
Yearlings....
14
"
"
(air to pr
i^s
1%^
3
V
BKMP AND JUIK-
• ....
a <; Ml
« 21 00
a
a wog
a 00
..
box
do taUT uoards, oom.to
Pine.i)ilj>i>;og
BAl.TPKTRBHefined,pure,
North Klverabtnnius
Ml
W)
18 3C
c'n.'^acb.
23
V M. It. 3^ 00
3S 00
.
15 OO
planks, cacb
ti
13
each
UDUhlmc
8ta-.o,
ii<m»«r-Plne.i('dto ex.dry
77
noder Cotton,
rtiport
HAV-
1H»
ft).
For.Ciitieil
GUNNIKS.— See
BKKAOSrUPPa-EaciDaolkl report.
*
CHRONICLK
TIIK
1878.J
.
ToLtvaarooi.;
*?
•
Cotton
Flour
S bbl.
Ueayyeooila. .Vtoo.
«. d.
a.
n.
d
'. If.
15-61
2.i"a r*
27 6
a43
Com,b'lk*bga.»ho.
Wheat, balk A bags..
5" "!e.
Beet
»bbl
PoTk
s,
Jlii::::
•U:::
2. 8
a
....a
....a
comp.
31 «
....
....
TH15 (CHRONICLE
78
Commercial
Insurance.
Steamiiliips.
Cards*.
&
Russell
c om missioN
rvoL. XXVII.
Co.,
merchants
O N L, Y
Direct Line to France.
AND SHIP AGENTS.
Sl»ns Kong, Canton, Amoy, Foocbow,
Sbangliai and Haukoiv, Cblua.
The General Trans-Atlantic Company^
Represented hy
Boston Agency,
S. W. PO.MEUOf
i. ICOKBAY FOK15KS,
M CSNTBAL STREBT,:M
Wateb
105
Mail Steamships;
Jr.,
St., N.
Shanghai
Banking Corporation,
Hong Kong.
Office,
W. POMEKOT
Jb., 105
Watkb
NEW YORK AND HAVRE.
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. i'i North Klver. foot of Morton St.,
as follows:
Mutual
Insurance
Co,
•sAlNT L.\URENT, Lachesnez....We j., Jnly 24. 12 M.
LAhI!\DOK. Sanglltr
Wed.. July Si. 7 A.M.
Kepresented by
S.
ATLANTIC
BETWEHX
Hong Kong &
Head
OFFICE OF THE
St.. N.
CANADA. Franguel
PiilCE OF PASSAGE
T.
Wed., August
IN
To Havre— First
cabin, $35
Charles E. Parker,
GOLD
7, l.:30
M.
H.
(including wine);
cabin, $100; second cabin, X 5; tairc
steerage, $2&—including wine, beading ana
;
Nkw York, January 23, 1878.
The Trnstees, in conformity to the Charter of the
Company, submit the following Statement of its
utensils.
To Plymouth, London or any railway station in
England— First cabin, $90 to $100, accortilng to accom-
COMMISSION MERCHANT,
modation second cabin. $'i5; third cabin, $35, steerage. $27, including everything as above.
licturn tlcicets at very reduced rates, available
ihrougli England and France. Steamers marked thus
;
AOSXON.
14 Exchange Place,
Post Office Box
S.6J1.
&
Co.,
Sbangbai, Foocboiv and
Canton, Cbina.
OlylfPHANT &
Atlas Mail Line.
BI-M.P,!rCHl'Y
CO., or ai.t»<>,
104 Trail
St.,
New
80U1U
Co.,
MANUFACTURERS OF
&
off from Ist Januto 3l8t December, 1877. .. $4,902,331 OS
Losses paid during the
and Haytl.
..
.
XHE OLD RELIABLE
Stonington Line
FOR
BOSTON,
AND ALL
York.
Supplied.
Turner
BrinckerholT,
ETNA
ary, 1877,
For Haytl, Colombia, Isthmus of Panama and South
Pacific Ports (i-iM Aspinwal/).
.^, „
ANDES....
ALPS
Baperlor flrst'Ciass passenger accommodation.
FIM, FOBWOOD A CO.. Agents,
No. 56 Wall trcet.
OF
SODA.
H
New
Premiums marked
"O" screw steamers, froro
(.lara.)
I
POINTS EAST.
7 Consecutive
Not a Trip Missed
in
Years.
THE ELEGANT STEAMERS
Expenses... $947,923 86
The Company has the following Aeeets, viz.:
United States and State of New York
Stock, City, Bank and other stocks. $10,565,938
00
Loans, secured by Stocks and other"^s"
Real Estate and claims due the Company, estimated at
1,163,200
Premium Notes and
CashinBank
1,764,393 63
In
COTTONSAILDUCK
And
all
STEAM BOAT EXPRESS
WILL
LhAVE SrONINGTON AT 4:30 TRAIN
A.M.
Hereafter the
kinda of
,t
and tickets
at 363 Broadway and
.n !;!i?°™* of Wcstcottsecured
Express Company in New
v„*n'ii
A?""*
ho^t'e*!
ticL^offl«''s?'''^''-
COTTON CANVAS, FELTING DUCK, CAR COVES
A fjM supply
al!
Banting Companr.
Widths and colors always
No. 109
Dnane
In stock.
Street.
George A. Clark
&
Daily from Pier 29 North River
(foot of
Warren
street.)
Freight taken via either line at lowest rates
s. BABUOCK, President.
I
K-Tx'o r.„
L.
w. TTTT
FILKII<S,
General Passenger Agent.
"
w
Rope.
AND
Six per cent. Interest on
the outstanding
be paid to the holders
thereof, or their legal representatives,
on and after
Tuesday, the 5th of February next.
certificates of the issue of 1874
be redeemed and paid to the holders thereof,
or their legal representatives, on and after
Tuesday, the 6th of February next, from which date
all
interest thereon will cease.
The
be
certiflcates to
produced at the time of payment and canceled.
Upon
certificates which were issued for gold
premiums, the payment of interest and redemption
will be in gold,
7th of
CHARCOAL
May
By
of Forty per Cent,
is
de.
next.
order of the Board,
superior quality
MINING AND
HOISTING PURPOSES. In-
J.
suitable for
H.
CHAPmAN,
Secretary.
Iclined Planes, Transmission
lof Power, &c. Also Uai
Jvanizc'd Charcoal and BB for
.niLlVARD'S HELIX NEEDLES.
400 BROADWAY, NEW YORK.
J^hlps' Riggmg, Suspension
f Bridges, Derrick Guys.Fcrry
Ropes, &.C.
large stock
constantly on hand from
which any desired length
are cut- *T. AT STEEL
IRON ROPES for Mining
purposes manufactured to
order.
E. R .Mudge, Sawver&Co
Cll«it«n
New
mills,
A
;
AND
AGENTS FOR
ITasblnKtou iTIIIIa, Chlcopee nrg Co.,
Burlington Woolen Co..'
JOHN W. mASON &
CO.,
43 Broadtvay, Newr York*
Atlantic Coiton mills,
.Saratoga Victory Mfg Co..
AND
^^
Hosiery, Sliirtu and Dratvers
From Various Mills.
RKW YORK,
BOSTON,
A IS WniTK Stbkit.
15 CHAuao«T St
PHILADELPHIA, ^"""""f °^'
J. W. DAYTON, 230 Chestnut Stbust.
TRUSTEES:
D. Jones,
W. H. n. Moore,
Charles H. Kusseil,
David Lane,
Daniel S. Miller,
J.
Josiah O. Low,
Royal Phelps,
ORGANIZED APRIL IZT?
Hand,
C. A.
IS4Z
Charles Dennis,
Lewis Curtis,
James Low,
Gordon W. Bumham,!
William Sturgis,
William E. Dodge,
Thomas F. Youngs,
John D. Hewlett,
William n. Webb,
Francis Skiddy,
Charles P. Burdett,
Adolph Lcmoyne,
Charles H. Marshall,
Alexander V. Blake^
Robert B. Minium,
George W. Lane,
Robert L. Stuart,
James G. DeForeet,
Frederick Chauncey,''
Horace Gray,
Charles D. Leverich,
.
mANCHCSXER
Locomotive
Works,
MANUFACTURERS OF
(•comotlves and Amoskeag Steam
Fire Engines,
MANCHESTER, N. H.
w. a. mEANs.
^^9**^i^
^"l?''^?
Snperlntender
ga
Treasurer
nr^oRic,
'^SOfP-S.WINSTON, PRESIDENT
_\S
E\/ER.Y
,
APPI^OVED DESCRIPTIOK
of
*
John
»UB«lio»ter, N,
a
«. Water street, Bosk a
Edmund W.
Corlios,
Elliott,
William Bryce,
William n. Fogg,
. Petef V.King,
^^
Tkomas B. Coddington, Horace K. Thurben
LIFE AN D ENDOWMENT POLICIES
'i
CNTERMS AS FAWRABLEASTHOSE OFANY OTHCRCO
mcNco.
D.
JONES,
President.
CHARLES DENNIS,
t.
L
08
dared on the net earned premiums of the Company
for the year ending 31st December, 1877, foi which
certiflcates will be Issued on and after Tuesday,
the
miscellaneous.
STEEL
IRON of
255,'36I
tUym^STeS
,
certificates of profits will
A Dividend
Bro.,
617,436 01
The outstanding
Steamers leave.
5 P. M.
00
will
Providence. Worcester, Nasbua and
all Points Nortb.
STRU>ES.'
Also, Agents
CJatted State*
all
L,IXE.
FREIGHT ONLY FOR
'
AWNING
at
PKOVIDEMCE
1»S, BAGGING, RAVENS DUCK, 8AU, TWINK8
*C. " ONTARIO SEAMLESS BAGS,
'
^'»""*«"'orsale
Bills Keceiyable.
Total amount of Asseti
S3,
Uanufactnren wad Ocalera
.
same period
$2,565,890 27
Eeturcs of Premiums and
STONINGTON and RHODE ISLAND.
'""o™ Pier
North River, foot of
5 P. M. Da'ly
Jay street.
Co.,
Life
with Marine Risks.
[ORTSfvla Aspinwall.)
For Kingston
2,040,.3a3 61
upon Fire disconnected
Risks, nor
I
SIJPE R-CARBOl^f ATE
No.
Old Slip,
The Jobbing Trade ONLY
PAt;ll.^iO
»".?
,^
ATLAS
No Policies have been issued upon
SERVICE TO JAMAICA, HATTI
m«. No. ??°'J"".\.'"?S'""'^"''
Pier
SI. Vort.h River.
.
&
John Dwight
York.
Hno.ees 83
Total amount of Marine Premiums. $0,751,038 44
K.OIIK,
EEPBBSENTJsn BY
December, 1877
Ist January, 1877, to 3lBt December, 1877
Premiums on Policies not marked off
1st January, 1S77
liOrjS DEBEBIAN,
Agent, 53 Broadway.
COMMISSION MERCHANTS,
Kong
81st
from
do not carry steerdge pisseugers.
For passage and freight apply to
(')
Olyphant
on the
affairs
Premiums received on Marine Risks
W.
.000.
A-_A.
"Ca^
Vice-President
X
MOORE, Sd Vice-PresideaC,
RAYBH, 3dYlc«-Pr»9id«ut.
H. n.
THE CHRONICLE.
Jui-v 30, 1878.
Cotton.
COTTON
SEED TO LOOM.
FROM
1
8
8
"T
&
Ware, Murphy
Co.,
Cotton Factors
AND
GENERAL COMMISSION MERCHANT8
COTTON EXCHANGE* BUILDINQ,
.
NEW TORK.
The contents
Special RttcnUoo paid to
of this book are as follows:
m:ai*
of
delivery of cotton.
iini>ia.
We
Introductory
— Sliowing
I.
III.
—
—
—
CHAPTER
lilVERPOOIi,
conslgnitenU of
Solicit
COTTON
and order* for tt»
purchase or sale of future ehlpmenU or dellverKa.
—
—
—
—
—
New
Stone street.
SON,
64
V.
—
—
—
—
31 Bronrn's Balldlnga,
afforded by our friends. Meters. D.
Planting Cultivation from January tj June How Land Prepared and Seed Planted
Old Lands being Reclaimed Early Growth of Plant Chopping Oat Securing
a Stand Cotton Plant very tender in Early Life and tough afterwards Its Early
Enemies and Dieeases Crab Grass Wet May and June Rainfall, Thermometer,
Chronicle Weather Reports and Agricultural Bureau Reports, from January to
Jane, for 1870 to 1877 Very important deductions from the weather data, &c., &c.
—
OE JERSEY A CO.
W. C. Watts & Co.,
advances made ou conbi^mnente. and
IT.
Acreage io the United States Yield and Acreage by States since 1869 Possibilities of
Crops with Acreage given Growth in Acreage illustrated and proved Percentage
of Production and Acreage in Each State, &c., &c.
—
nancbeater and Liverpool,
—
—
—
—
NEW YORK.
Hovaas nr
India production of Cotton Goods from Earliest Dates Interesting Review of the India
Export Trade in Goods from before the Cliristian Era to the Present lime, &c.
The Monsoons and their effect upon and relation to the Cotton Crop Also, the
past Production of Cotton in India and the present supply, with a detailed
description of each Cotton District from which the present supply comes Several
wood-cuts and full Statistics of the Trade, &c., &c.
CHAPTER
Co
conmssioN hikrchants,
II.
History of Cotton in the United States from the dale of its earliest production,
tracing the progress from year to year, with the inventions which gave the
impnl^e to that progress; also a table of receipts and exports at eact out-port of
the United States from the earliest records down to 1877, &c., &c.
CHAPTER
made oaeoo-
Knoop, Hanemann &
53 KX7HANGB PLACE,
the Object and Scope of the Book,
COAPTER
Liberal idvancaa
•Ignmenta.
have prepared a large Map of India, showing, among other thioga, all of the
cotton districts of that couniry.
The map is made up from original sources and will,
we think, be found very useful.
CHAPTER
be execution of ord«am
Mle of contract! for fotiir*
tor the parctisBe or
Baronne
Toti, and Mosers. D. A.
Street,
New
OIVKH *
Orleans.
C. Johnson
J.
InformaUoa
all
WATTB A Co.Q
&
Co.,
OOTTON BtJYKKS FOB MANUFACTURKKS
McAlister
&
Wheless,
corroN
CHAPTER TI.
nSRCHANTS
— Formation of the Bud, Shape, &c. —The Blossom, how OOniniSSION
NASHVILLE,
TENNKS8KB.
changes
Color and Shuts and Falls — Formation of Boll — Habits of Blossom and
given t^ Spinners'
Corr*
Plant in Relation to Sun — Definition of Bottom Crop, Middle Crop and Top Crop
*pondence
.Bummer and
Fall
Growth
its
it
its
Special attention
Cotton Eaemies in Summer, Lice, Rust, Shedding, Boll- Worms, Caterpillars, &c.
Number
Bolls to
Make
a Pound, &e.
— Rainfall, Thermometer, Chbonici.e Weather
Reports and Agricultural Bureau Reports, from July to December, for 1870 to 1877
Tables showing Date of Frost aud End of Picking Season at a number of points
in each Southern State for Seven Years Past Important deductions from this
Review and Analysis of Weather for past Seasons, &c., &c.
—
—
CHAPTER
aid Fronrl3tors of Tan C&KOHI01.H
W. Lamkin &
D.
Co.,
Cotton Factors,
VICKSBURG, MISS.
VII.
—
orders.
solicited.
HaysBBNCBS.—Third and Fonrta National Bank (
—
—
Oathering and Marketing of Crop The Influences affecting Market When and why
a Crop will be Marketed Early An Analysis of the Movement to the Ports of Each
Crop from 1870 to 1877, and the Reasons tor Delays aud for Haste Tables Showing
at Several Points in Each State the Date of the Receipt of First Bales, Arrivals
New Cotton to September 1, &c., &c. Also, Height of Rivers for a Series of
Years. All these facts are so arranged as to enaljle the reader to form a correct
opinion of the future. This chapter closes with the daily receipts and percentages
—
Orders to Farcbase Cotton In our market sollcttad.
Kefcr to Messrs. THOMAS J. SLAI;gHT£B. ITew
York.
miscellaneous.
—
of past receipts for a series of years, &c., &c,
CHAPTER
Till.
Prices of Spots and Futures, for a Long Series of Years, at
Cotton Movement at New York, &c., &c.
CHAPTER
New York
and Liverpool
JOSEPH GILLOTT'S
STEEL PENS.
IX.
Oonsamptlou of Cotton in Europe and the United States— Some Thoughts on this
Subject which may be Suggestive—Also, fall Tables and Statistics Showing Past
SaU hy all dialers througkmt tht
World.
Consumption, &c., &c.
This is a very brief summary of the contents of this book. It is a
large octavo volume of over three hundred pages, containing everthing the
trade needs for reference, and drawing conclusions from the experience of
the past, which ought to make crop estimates in the future less difficult
and uncertain,
.
Price,
WUl
Wm.
i
B.
-----be mailed to
Dana
&
nEKRT HERBERT,
Three Dollars.
any addrets post-paid on
Co., 79
&
receipt of price.
8i William
5 AiKtin Friars, Old
Broad
St.,
N. Y.
hU, LK>ndon,
Smith's Umbrellas.
GINSHAM
,
GUANACO.
any
81
2
2
(ize
patented
SILK, paragon frame
I'ino Silk
60
Umbrellas In great variety.
L'mbrellas and Paraaols to
30
150
104
1188
4US
OO
00
Fulton
Fnltop
order
* reptirtd^
Street, near Pearl Street
Street, near Broadway.
Broadway,
near Pine street
near 29th street
Broadway, near Canal street.
Broadtray,
Establishe~dA.D.f8DZ
;
THE CHRONICLE
VI
SEiMEN'S BANK
&
Nos. 74
Stillman,
EDILDING,
HOME
&
Co.,
Pirn, Forwood
MERCHANTS,
COMMISSION
GENERAL
BOX 613,
Orleans, ta.
New
Insurance
BOX 4064,
O.
P.
P. 0.
76 TfaU Street,
KETV TOnK.
New
OFFICE, No.
SHOWING THE
Also, execute orders for Merchandise In
made on Consignments.
Special attention paid to the execution of orders tor
Ihe purchase or sale of contracts for future delivery
England, China, India and Singapore.
UNDSRWRITERb IN NEW ORLEANS
&
TOTAL ASSETS
for the
&
Foreign Marine Insurance
Compaur of Ijiverpool.
Britisb
Co.,
&
Bennet
GENBRAL
Messrs.
JAMES FINLAY &
CO.,
LONDON AND GLASGOW.
LrV'KRPOOL,
Also execute orders for Merchandise through
Messrs. FINIiAY,
MI4IR &
CO.,
FUTURE CONTRACTS FOBCOrTOH
sotdon uommtsalon
In
NewTork and
bonnht and
LiTorpo ui.
&
Dennis Perkins
Co.,
&
New
Of "
sale
CONTRACTS FOE FUTURE DELIVERT " OF
COTTON.
E.
Temisoh
S.
^'Successors to
&
Wm.
Felix Alexander,
Co.,
llOODT & JEMISON),
AUGUSTA, GEORGIA.
Entire attention given to purchase of COTTON on
ORDER for SPINNERS and EXPORTERS.
Correspondence Solicited.
References :— National Bant of Augusta. Georgia
Henry Hentz & Co., Commission Merchants, New
York; 'William B. Dana & Co., Proprietors Commeb
«iAL AND Financial Chronicle, and other New
York Houses.
BANKERS, COTTON FACTORS
Macaulay
A^'D
&
Co.,
GENERAL COMMISSION MERCHANTS, COMMISSION MERCHANTS,
22 WILLIAM STREET, NEW YORK..
No, 123 Pearl Street, Kew York,
Advances made on Conelgnments. Future Contracts for Cotton bought and sold on ComiulHston, In
Kew YorB and Liverpool.
Tarries
,
F.Wenman & Co.,
Future Contracts for Cotton bought and sold on
Commission In New York and Liverpool.
1S41.
EIUHARDS)
Shipping and Commission Mcrcliant
No. 39 BROAD STREET, KEW TOKK.
H.
Tileston
&
142 Pearl Street, Ncw^ York.
CiENERAI.
&
Tainter,
S3
Sawyer, Wallace
Co.,
COTTON FACTORS & COMMISSION MERCHANTS
47 Broad Street. Ne'W? York.
Copeland,
COTTON BROKER,
PEARL STREET, NEW
Y'ORK'
46
lia-
ble, not yet c. lied in
$8,760,000 00
Reserve for lotal Liabiliiies, in$765,?)5S 51
cluding re-insurance, in the U.S.
945,406 76
Net surplus In the United States.
FlreAssetsbeldinthe U. S... $1,710,964 29
The above does not Include the Life and Annuity
Funds, which, by act of Parliament, are In a distinct
and separate department, for wlilcb the surplus and
reserve of the rire Insurance Department, named
above, are not liable.
CUAS. E. WUITE, SAM. P.
MAXAGKI'.S.
BLADQEN,
&
LivcT-pool
Insurance Company^
St
45 IViiliam
J,
E.
PULSFOBD,
]
Resident Manager.
L^omfnerctal
LJnion Ins.'L^o.
MTNA
Insurance
{OF LONDON),
Company
ALFRED
PELL,
OF HARTFORD.
York.
&
8,428.978 97
4,221,557 49
LA.
Insurance.
Edward H.Skinker& Co.
S86
ORLEANS,
N E W^
Future orders promptly executed.
COMMISSION AND COTTON MERCHANTS.
$1,8£0,000 00
L. F. Berje,
COTTON MERCHANTS,
Geo.
RStockbolders are personally
COTTON BROKERS,
BEAYER STREET, NEW YORK.
07 PEARL STREET, NEW YORK.
New
1866.
Cash and Invested Assets (gold). $7, 900,536
Subscribed Capital, for which the
COTTON BITYER AND COMMISSION SIERCHANT
NOUUSE & BROOKS),
97 Pearl Street,
1809.
Calld-in * paid-np Capital (gold)
Reserve for all fire liabilities. Including rc-insurance
Net Fire Surplus and Reserve....
WALTER & KROHN,
Orders tn Futures executed at N. T. Cotton Exchange
(Successors to
IN
London &" Globe
GENERAL COMMISSION MERCHANTS
Co.,
COTTON BUYERS & COMMISSION MERCHANTS
60 Stone Street, New York.
Waldron
iNCOnrORATED
UNITED STATES BRANCH:
54 William St., Cor. Pine, New York.
COTTON FACTORS
E. O. Richards,
(Successor to A. L.
and Mer-
LONDON AND EDINBURGH.
BLOSS & INCHES,
COTTON BROKERS,
No. 146 Pearl Street, near \YaIl, N. Y.
Established (In Tontine Building)
British
Established December,
York.
and
H. n'ASHBVRN, Secretary.
cantile Ins. Co.,
COTTON BROKER,
132 Pearl Street,
3,909.
YORK,
*
FINANCIAL, AGENTS,
Box
NEW
Bersoual attention paid to the execution of orders for
le purchase or sale of contracts for future delivery.
AND
P. CI
jr.
Street, Boston.
Liberal advances made on consignments. Prompt
H. Farley,
Advances made on Consignments.
of FIYE Per Cent has
been declared, payable on demand.
CHAS. J. DIARTIN, President.
44 Broad
J.
COTTON FACTORS,
COMMISSION MERCHANTS,
Special personal attention ro the purchase
Co.,
1
»6,180.8:3 16
Total
INCORPORATED
Total Assets, January
Capital
Re-iiifurancefund.
.
Unpaid losses
&
.
Rtsident Manager,
IN 1819.
18?7
$3,000,000 00
1, '741,273 43
1,
$T,1 15,624 42
SY
&
39 Wall
otlier
claims
439,114
82—
6,170,388 24
NET bUE^LUS, Jan. 187T.. $1,046,336 18
BRANCH OFFICE:
No. 173 Broadway, Neiv York.
1,
JAS. A. AliEXANDER, Agent.
R. M. Waters
54
BROAD
ST.,
Street.
&
Co.,
NETY YORK.
ADVANCES ma''e on warehouse receipts and
cotton.
BUY AND SELI, co;ton contracts and
con.ii:iimenis
f>f
flrot-
class iavcsiiLeut eccoiitteD,
;
.
!
7,950
A DIvldeud
COTTON
COMMISSION MERCHANTS, North
125 PEARL STREET,
00
00
50
00
243.B65 47
62.203 61
144,(123 74
12,283 53
Issued at this office
AND
COTTON BROKERS,
117 Pearl Street, Ne ^y York.
H. W.
&
2,024,553
3,050.«25
190,242
199,206
Premiums due and uncollected on Policies
.
;
on
Kealestate
Special attention given to the eiecntlon of orders
for the onrchase or sale of Contracts for Future
Del I very
fM6,115 85
first lien
United States stocks (market value)
Bank Stocks (market value)
State and Muulclpal Bonds (market value)
Loans on Stocks, payable on demand
(market value of Securities, tS34,6S7 SO)
Interest due on Ist of ,)uly, 1S"8
Balance In hands of Agents
New York.
B. R. Smith
CALUDTT/i AND BOMBAY.
ASSETS.
real estate (worth HSIS.OOO)
Foulke,
121 Pearl Street,
$6,180,873 16
SUMMARY OF
CashlnBanks
Bonds and Mortgages, being
GENERAL
«OnilIISSION MERCHANTS,
Vork.
St.,
New
Pearl
&
176
174
COMMISSION MERCHANTS,
Advances made on Consignments to
BROADWAY.
135
Semi-Annnal Statement,-
Condition Of tlie Company on the first
day of July, 1878.
CASH CAPITAL
$3,000,000 00
Reserve for Re-lneurance
1,79.';, 099 SO
Reserve for Unpaid Losses
200,131 28
NetSurplus
1,179,012 38
LIVERPOOL.
*ECDRI'rV.
Henry Hentz
Fiftieth
FORWOOD,
^k
i
Company
OF NEW^ YORK,
York.
Execute orders for Future Contracts In New York
and Liverpool, and make advances on Cotton and
other produce conslEued to
GENERAL COMMISSION MERCHANTS
LEECH, HARRISON
IiOANS MADE ON ACCEPTABLE
Liberal advances
In§nranee.
Cotton.
Cotton.
Woodward &
[Vol. XXVII.
@FedFRASER