View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

xtmtk
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

VOL.

NEW

33.

YORK, JULY

NEW YORK

PHKLPS,
JAMB8 STOKkS.
ANSON PHRI.PS ST0KB8,
V. p. OLCOTT,

&

Co.,

N.

*

4t

BANKERS,

47 IVaU Street,

New

York,

SS U B

I

Wh. Russcll Wise

COHIHERCIAL. CREDITS.
LONDON CORRB8PONDKNT3:
^h« Union Bank of London. Messrs. C J Hambro
* Son.

and transact a general
commission business. Particular atteotioa
glten to American Securities.
Bills of Ezctaange

financial

William Heath

Centrale

-

-

&

BROADWAY, NEW YORK.

Geo. a. Lewis,

A. L. Schmidt, Cashier.

Pres't.

National Bank*

First

J. B.

P&.

Dhams

(Mtchiela Loos).

JOH. Dan. fuuruan.n. Jr. (Joh. Dan. Fahnuan.)
iMUia WKBSRiKd. Weber & Cie.)
Juuu Ractkmstuauch (C. Schmid & Cie.)

BUSINESS.

A8A

Bddt,

P.

POTTIR, Presu

J. 3.

U.

8.

Special attention given to coUeotiona.

A

W. Cecil.
Member N.Y. Stock
M. ZIUHEBHAN.
Geo.

Ex.

Proceeds

BOSTOK,

$400,000
400,000

Accounts of Banks and Bankers solicited.
Collections marie upon favorable terms.
Strictly first-class Investment Securities Negotiated.

Lawu

H. Taylor

&

Co.,

Bankers and Brokers,
140

SOUTH THIRD STREET,
PHILADELPHIA*

DepotlU received subject

tu check at slffht, SHd
lnt«re8t allowed on daily balances.
Stocks. Bonds, Ac, bought and sold on ct>inmlMlOD

O.

ESTABLISHED

Coleman Benedict & Co.
BROAD

ST.,

NEW YORK,

STOCKS AND BONDS,
MEMBERS OF THB

N.

&

Co.,
York.

;

oommission.
railroad and mnntclpal bonds negotiated.
Sterling exchange bought and sold. Braft* on
Onion Bank of London.

Sound

COMMISSION BROKER IN UNCURRBHT
INVESTMENTS,

P. O.

BOX

P.

W.

CEDAR STREET,
NEW YORK.

8418.

&

Gallaudet

Co.,

BANKERS,
UNITED BANK BVILDINO,
WAIiL STREET, COR. BROADWAY.
STOCKS, BONDS & COMMERCIAL PAPER.
Stocks and Bonds bought and sold on commission
at N. T. Stock Exchange.

Advances made on business paper and other

1864.

No. 24

'

AMSTERDAM.

-

Accounts and Agency of Banks, Corporation*,
firms and tBdividuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations In paying coupon*
and dividends also as transfer agents.
Bonds, stocks and securities bought and sold on

70
CINCINNATI, O.:
W. P. THOMAS.
W. M. WILSHLBB.

74 BROADWAY, NEW YORK.
WEST THIRD ST., CINCINNATI,

laNDUir HAuru

H. Tatlob, jh.

L.

«9

{pABIg.
*^-*"^'»*
-

BANKERS,
WlUlam Street, New

Accounts of

& Co.
Maverick National Bank, CeciljZimmerman
BANKERS AND BROKERS.
CAPITAL,
SVRPLUS,

LONDOK.

Jesup, Paton

solicited.

NEW YORK:

Cashier.

rates.

YORK.

James Kitchen,

KENTUCKY.

promptly remitted at best

Co.,

COR. OF CEDAR,

MORTON, ROSE & CO
HOTTINBUBR A CO.,
CREDIT LY0NNAI8
AMSTERDAMSCHB BANK,

DEPOSITORY,

1.01JISTII.I.E,

Banks and Bankers

TRANSACTS
«ENERAL BANKING

NEW

S3

Sell on Commission, for casta or on margin, all Securities dealt in at the New York Stock
Exchange. Interest allowed on daily balances.
Particular attention paid to orders by mall or telegraph.

&

Bliss
ST.,

Issue Circular Notes and Letters of Credit for
Travelers; also. Commercial Credits, available In all
parts of the world. Negotiate first-class Railway.
City and State Loans; make telegraphic transfer*
of money and draw Exchange on

Walker,

BOARD OF DIRECTORS
Sbliz QRI8AR, President.
^
ALTSao MAQUiNA Y (Gruff A Maqnlnar), Vloe-Pros
Von dkk Bkckk (Von der Becke & liareUT).
Otto GUNTHEHtCornellle-David).
BMILX DK GOTTAL.
As. Krank (Frank, Model & Cie.)
Auo. NoTTBBOHM (Nultebohm Freres).

33 NASSAU

N. WAI.KEB.

But and

9,000,000 Francs.

Morton,

Y. Stock Exchange.

BANKERS AND BKOKERS,
No. 80

Paid-Up Capital,

W.

M. RUTTER,

Rutter

Antwerp.

Co.,

61 BROADWAY, NEW YORK.
MIUBKBS OF NKW TOBK STOCK EXCHANOK.
C.

Anversoise,

&

BANKERS AND BROKERS.

Member of N.

Banque

Co.,

BANKERS,
10 Anzel Conrt, London, England.

TBATEE.ER8> CREDITS,
CHtCUtiAR NOTES,

&

William Heath
Draw

839.

Financial.
LONDON:

William Heatq,
chabli8 e. quisckt.

Phelps, Stokes

NO.

188L

Financial.

Financial.

I.

23.

Y STOCK EXCHANOB.

securities.

Member

or for investment.

Complete Kinandit Report issued weekly to onr
oorrespondents

B.

KlNDAlta

N. Y. Stock Bxch.

cK^<j4^ 8c cHWvbo/^,

A Strictly

commission business conducted In the
Stocks and Bonds on Margin
purchase and sale

Wm.

Wm. d. Hatch,

WALL

He. 81

STREET,

BANKERS AND BROKERS
Refer to Messrs. FiSK

A HATCH.

Philadelphia and other cities.
Particular attention KiTen to information resmrdIn

ng InTMtmeat

Secnritles.

Aug. T.
23

Post, Banker,

NASSAU STREET,

C^

BUYS AND SBLL3
State, City

No. 18 tTAIil.
New York.

COBRKSPONDBNCK SOLICITED.

Samuel M. Smith,
40 WAIiL. STREET,

DBALER
Ottr

Co.
BANKERS,
STREET,

and County Securities.

Hallway

Bar Mid

IN

Securities, Oaa and
Btecka, lacnranoe Scrip.

Transact a General Banking Business, Inclndlng
the purchase and sale of STOCKS and BONDS for
cash or on margin.

Bank

Inweatment Seonrltlea.
BOX S.S47.
Kiooia. Watland Trask. H. J.Mobsi
Sell

P. O.

A. jL

_ W.

C.

Hill.

J. P. l^riKTRINGHAH,
GAS, INSURANCE, BANK STOCKS, Ao.
SECUBTTIES BOUGHT AT THE AUCTION aALXd.

PINE STREET,
NK W YORK.

No. 36

A. H. Brown
1

&

Co.,

BANKERS AND BB0KBR8,
W^all St., Cor. New, New Vork.
INVB8TMBNT SBCURITIXB.

Special attention to bnslnMS of country beak*.

THE (^HKONULE.

&

Drexel, Morgan & Co., August Belmont
BANKERS,
WALL STRBET,
OORNim OP BROAD, HKW YOKK.

A

M BocTH

Me,

Drexel, Harjes

Co.,

TaiBD 8t„

81

tc

Noe. 19
C<

.

We TramferB. Circular Letter! for Tra>«ler«,
iTaUsble In all partt ef tbe world.
ATTOBiTBTa AHi> AGurra of

MeMFB.
No.

B

J. S.

MOKGAW &

OLD BROAD

Brown

CO.,
LONDON.

ST..

Brothers

No. 69

TrALL
BUT

&

Co.,

ST., N. T.,

Ain> SILL

OF EXCHANOE

B1L.L.S

parts of the

on

California,

Hon. JOHN HAMILTON.
Vioe-President.JOHN MCLENNAN, ESQ;

HEAD
Money

Europe and Havana.

&

John Munroe

niTNROE tc CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON.

ON GREAT BRITAIN AND IRELAND, FRANCE,
GBRMANT. BELGIUM AND HOLLAND.
Issne Commercial and Trarelerg' Credits
ly SIERLINO,
ATAILABLE IN ANY PART OF THE WORLD.

CnouijLX NoTxs kxj> CazDiTS rox Tsatklxks.

Vetween tbla and other countries, through London
and Paris
-Make Collections of Drafts drawn abroad on all
points In the United States and Canada, and
of Drafts drawn In the United States
.c.;
on Fore gn Countries.

BANKERS, LONDON;

&

Stuart

OFFICE, MONTREAL.

GEORGE HAGUE. General Manager.
WM. J. INGRAM, Asst. General Manager
BANKERS

ENG.— The Clydesdale Banking Comp'y
Co., LONDON.
NEW YORK-The Bank of New York. N. B. A.

No. 8 W^all Street, Neir York,
No. 4 Poat Office Sqnare, Boatom.
CHEQUES AND CABLE TRANSFERS ON

&

$5,600,000 Paid Up.

Capital,
President, the

and their correspondents.

DOMESTIC AND FORKIGN BANKERS.

-

all

Also Commercial Credits and Transfers of

DepoalU received subject to DraJt. 8ecarltle»,Goia
•c.boiwlitandsoldonCommlBiion. Interelt allowec
gi>«poaUs. Foreign KxcUange. CommerclalCrecllU.

:^

CANADA.

MESSRS. DE ROTHSCHIIiD

Pari*.

Merchants' Bank.

Street,

Issne Travelers' Credits, available in
world, through the

BODlevard HaaSBmanr

Pbiladelphla.

Co.,

OF

21 Naeeam

&.

The New York Agency buys and

i

G.

S.

&

G. C. Ward,

JOHN

&.

BANKINfl)

COmPANT,

S3 WALL STREET. NEW YORK,
as STATE STREET, BOSTON.

NATIONAL BANK OF SCOTLAND,
EDINBURG, AND BRANCHES;

CABLE TRANSFERS AND LETTERS OF CREDIT

Hilmers,McGowan & Co

Foreign Exchange, Stocks and Bonds,
NO. 94 BROADKTAr,
63 urall street. New York.
HEW YORK.
Special attention paid to orders at the New York
Stock Exchange and New York Mining Board.
Issue Letters of Credit for Trarelers,

&

Co.,

BOSTON, MASS.,

New York.
Bjli\KERS.

Cor. Wall and Nasgan

FOREIGN

Sts.,

^lABLB TRANSFERS, BILLfi OF EXGHANQE
AMD
OOMMKBCIAL AUS TKATBLBSS' CBKDIIS.
.•!'-i:.
•^•1
'"

'

OORBSSFOlfDENTS.

•

.

e:;

,

Exctaaiwe Place.
YORK,
-j
Ifcce Telecraphlc Money Transfers,
y i
Draw Bills of Exchange and Issue Letters oi 'Credit

NEW

•

.

,

.',-lfj'.^

M>NDOM,

-mTi

ENCtl.4JIID.

PARTNERS

Um BSOTHSBS *
.

New

'

""

,

,

.

and Now York

GEORGE

8.

BRANDER,

L.

BONDS,

NEW YORK OfFICE,
& 61 W^ALL STREET
Waltik Watson Agent*
Albz'r Lang,

;

London

THE

Offlce,

No. 9 Bircliln Lane..

Foreign Bankers.

Aeent.

ISSUES Commercial and Travelers' Credits.avaUable in any part of the world. Draws Exchange,
ForeiHD and Inland, and makes Transfers of Money
by Telegraph and Cable.

Agents, J.

St,

W. SeUgman &

St.

Co.

Authorized Capital, Paid tip and Reserve,

-

-

$6,000,000.
1,T00,000.

Transact a general banking bnslnesB. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders for

Nederlandsch Indischc
Handelsbank,

Pald-17p Capital, 12,000,000 Gullder»
($4,800,000 Gold.)
HEAD OFFICE IN AMSTERDAM.
Agencies

A CO..

ii« Batavia, Soerabaya and Samarang
Correspondents In Padang.

Issue oommerclal credits, make advances on shfp.
ments of staple merchandise, and transact othei
business of a financial character in connection with
the trade with the Dutch East Indies.

BLAKE BROTHERS

dc CO.,
AGKNTS rOR NOBTH AMIKICA
18 WALL STREET. NEW YORK.
88 STATE STREET, BOSTON

Bonds, Stocks, etc., executed upon the most favorable terms.
FBED'K F. LOW,
)„

IGNAT2 STBINHART. i Managers.
LILIENTHAL. Cashier.

Nederlandsche

Imperial Bank of Canada Handel-Maatschappijj
Capital, Jl.OOO.OOO.
H. S. ROWLAND, Pres't D. R. WILKIE,

HEAD OFFICE, TORONTO.

Tlie Netlierland

Port Colborne, St. Thomas. Ingersoll
Welland, Fergus, Woodstock, Winnipeg, Man.
Dealers In American Currency & Sterling Exchange.
Agents In London
Agents in New York;

|

BosANQCET. Salt & Co., Bank of Montrmai.
78 Lombard Street.
B« Wall Street.
Promptest attention paid to collections payable
any part of Canada.
Approved Canadian business paper, payable

In

ESTABLISED 1S%4.
Pald-np Capital, 36,000,000 Fiorina.
($14,400,000, Gold.)
Execute orders for the purchase or sale of Merchan.
dise. Bonds, Stocks, and other securities, in the
United States, Europe and the East make Collectlons,buy and sell Foreign Excbunge, and give advances
upon Merchandise for Export.
OLlVEi! 8. CARTER, ) Agents
;

STANTON BLAKE.
HENliV K. HAWLEY,

in

gold or currency, discounted at the Head Office
on
reasonable terms, and proceeds remitted to nv
part of the United States by draft on New York,

Trading Society

OF HOLLAND,

Cashier.

I

COBKWrONDKHTS

BOSTON.

Noa. 69

President.

SMITHEKS, General Manager.

the Dominion of Canada.

St. Catharines,

Grant commercial and trarelers* credits, negotiate
>oens,BiakaadTanc«a on merchandise, and transMt agoBeral flnancia] commission business,

NEW YORK AND

0, F,

St.

HSINEMANN,)

\ London.
_
T. BARRON BLAKB,)

BLAKE BBOTHEBS

913,000,000, Gold.
5,000,000, Gold

-

•

GEORGE STEPHEN,

Canadian Banks.

'''^"'

'

CO., Boston

CAPITAL,
SURPLUS,

;

SAN FRANCISCO.
York Agency, 62 WbAX

SURPLUS, INVESTED IN U.
84,000,000 GOLD.

p. N.

& Co

Bank of Montreal.

OF

Europe.

SPECIAL PARTNER,
BEUTflCBB BANK, Berlin.

Blake Brothers

LAWSON

Buy and sell Sterling Exchange, Francs and Cable
Transfen grant Commercial and Travelers Credits

NEW YORK

St., cor.

o-

W

(LIMITBD).

Lichtenstein,
&
BANKERS,

^ principal dtlea

on Canada, British Columbia, Portland, Oregon,
San Frandsoo and Chicago.
Bills ooUeeted and other banking business transD, A. McTAVISH.){ Agents.
i_---.

available in any part of the world i^ue drafts on
and make collections in Chicago. and throughout

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

r

WALL STREET.

The Nevada Bank

LONDON, Head Office, % Angel Conrt.
SAN FRANCiStCO Office. 482 California

Knoblauch
WUUan

North America,

No. 53

HOLLAND^
Anglo-Californian Bank AMSTERDAM,
Established in 1863.

,,

BASING BROTHERS dc CO., l.«doH.
FERISR FRERES Si CO., Parte.
MENDELSSOHN & CO., Berlin.

S9

k

or

California Bajijis.

tralia

Kidder, Peabody

Ba n

BROKERS IN

BANKERS,

Payable in any part of Europe, Asia, Africa, Ausand America.
Draw Bills of Bzchange and make telegraphic
transfers of money on Europe and California.

Manager.

AQENCT OF THE

also

COMPANY,

ALSO,

& W. Seligman& Co.,
J.

{

Bay and sell Sterling Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland

MANCHESTER, PAYABLE IN LONDON

ULSTER

JH.,

ARTHUR WICKSON,

COUNTY BANK,

Ic

LIMITED ;"

)

HARRIS

B.

Chlcaco Branch, 138 Waahington Street.

Co.,

BELFAST, IRELAND
ASD OH TH«

AeiHTs rex

BARING BROTHERS

"

Ex.

Netv York Agency, 48 Exchange-place.
HiENRY HAGUE
Airent.
•**»''"•

83

HANCKESTER

sells Sterling

change. Cable Transfers, Ibsucb Credits available in
all parts of the world, makes collections In Canada
and elsewhere, and issues Drafts payable at any of
the offices of the bank in Canada. Demand Drafts
Issued payable in Scotland and Ireland, and every
description of foreign banking business undertaken,

J.
NASSAU STREET.
nd In Francs, In Martinique and Guadalonpe.
BILLS OF EXCHANGE ON
TRANSFERS
HAKE XEI.EGRAPHIC
SMITH, PAYNE Ic SIHITH'S, BRlti^fer
OF inoNEir
J.

XXXm.

Canadian Banks.

Foreign Exchange.

Foreign Exchange.

Drexel

[Vol.

Nxw

YOBX, January

Office,

1,

>
S

for

Amerioa

\S».

143 Pearl Street,

New

York.-

.THE CHRONICLE.

JCLT 23.1881.]

Foreign Bankom.

Ill

Financial.

Adolph Boissevain & Co. Memphis City Bonds and Coupons by Auction.
BANKERS
WIl.LIAItl B. lMOKMA\ A CO., Aurlioneem,
will sell at Public Auction, nt the KXCIIANOK 8ALB8IIOOMS, In the C'tr of Baltimore. Md., atons
o'clock P M., on TUESDA Y. JULY HOth, 18H1. the Hoods and Coupons of the Citr of MemphU, Ttoci*^
see, as per the snneyeU schedule

com n I8SI ON ItlERCHANIS,

:

AMSTERDAM, HOLLAND
N. T. L'omipondenu.-liuan.

BLAKB

Numbers.

RItUS.

* CO

Shanghai

l.ono
1.000

HANKINC CORPORATION.
CAPITA!-

(iwld-uu)

HEAD

1.000

1,000

W-SK-'iSS

BE8BKVB VLNI>

1,800,000

OFFICE, UOlfO KOXH.

1,003

The Corpoiutlon frrnnt Drufta, Issue Letters of
Credit for u*e of TrHVelers.and nei;v<tiutt' of collect
Bills pi>;at>lo at Bombujr,C<U<nut».^lnvuM<'re. Saigon
Mnnllu. Uvng Kong* Foochow, Amor. Nlngpo,
Sliunclitii, llHnkow. Vokobama, Htogo, Sun Fraoclsco and Ltrndon.
A. m. TO\VN!!iEM>, AKcnt, 47 Williain

1,000

TOTAL

1,000

do

1,000

do

I.noo
1.000

PER CENT

19.

1,000
l.noo
1,000
1,000

2041
2152
2Via

30 do

New

York.

l,'l

JulyL'f*

Deal* Id Inventment Securities and
Bond* Generally.

WANTED
& St. Louis lats.
Tnleilc. l!,t9.
Northern l»t8.

Indianapolis

Colambns A

Apr

tl.OOO

:

Consumers' Ice CompaoT's Stock,
Ad EiKht Per Cent Investmen

5.000 Jan. l.'flS
l,OaO|Apr.l.'«8
1.000 M^j2n.'a8
1,000 J'e 26, '88
1.000 July 1.'68
1,000 Mch l.'Oe

Jno.

MTANTED:
A West Virginia let 7«.
CoUimbus & Toledo 1st 78.
Columbus & Toledo 2d 7b.

Scioto Valley 2d 78.

EASTOy,
BanUera,

YORK.

Pennaylvanla Co.'sCuar. Gold 4 l-2s.
Chic, miwaukee Sc St. Paul Gold 5a.
Hannibal &. St. Joieph New Gs,
FOR SALE BY
KVHN, L.OEB
CO.,
No. 31 NASSAU STREET.

&

FOR CHOICE

3152

Memphis Bonds.

SMITH A HANNAMAN,
Indianapolis, Ind.

Co
do

July, 1878
Jan.. 1870

.

O. Ix>fland

July, 1878
\

...

July. 1870
Jan., 1879

W. Loftwioh

Jan.. 1879
July, 1878
July, 1878
July, 1878

do
do
do
do
do

JulTl.'O'.

Julyl.'O'
Julyl.'Ut

13«i,, 1!1«6, 1,<)80.
".503. 1371. 1403,

luiy. 1878
July, 1878

$15.0001

Signed by

Total

Mayor.

Am't.

W.

t«0

O. Lofland

July, 1878

IS67. 1518, 1515, 14U4. 14B7, 1418,
1988, 13M8, 1358, 14«8, I43o, 135T,

600 Th. B. Carroll
300 A.H.Douglass
.30 J no. Johnston
30 J.W.Leltwlch

July, 1878
July, 1878

November
July,

1.

187

I8';8

860
do
July, 1878
60 A.B.Taylor..
January, 1878
180
do
July. 1878
90
do
Jan.,'77. Jnly,'77,Jan..78
60
do
July, 1877, Jan., 1878
300 A.H.Douglass Jan., 1878, July, 1818

1075. 1076
974. 97i, 129. 1075, 1076, 501

120
1029.
11.56.1189. 1160. 1153. 1208

(1146,1198,1193.1151,1149,1142, 1141, 1137, 1196.
900
do
Jan., 1878, July, 1ST*
120 A.B.Taylor..
July, 1877, Jan., I8W
eo J.W.LeftwIch Jan., 1878, July, 1878
420 Th. B. Carroll
Jan. and July, 1878
1,080 W. O. LnSand Jan.'73to J'y.'Tli.D'th ino
7-20 J.W.LeftwlchlJan,'TOtoJ'ly,78,b'thlno

)1150. 1144,1147,1145,1194, 1148
IKIO. 1028

WT7.
I.S*f2.

1386, 1387, 1329, 1832. 1378, 1387..

19. 20 and 84—12 coupons each
543 and 544— 12 coupons each

»S,«70

i

St. Louis A New Orleans Railroad Company hereby
give notice that It Is pr, pared to, and will, pay, on
presentation at 1' s office In the Citv of New Orleans.
226 St. ( harles Street, oral the Office of Its Secretary. 214 Broadway. New York, all 'ne overdue
valid bonds, dated February 1. 1R66. and secured by
the Second M<trtg<ige made by the Misnssippi Ccntrul
RaUro(Ul Cmnprtnr/ to Jacob .S Uogers, M. V. Matheson and William L. Sharkey. Trustees.
These bonds have matured in pursuance of tbe
terms of the m.>rtgai:e, as shown by the endorsement of the President of said Mississippi Central
Railroad Company, setting forth the dates of their
several roaturitiea.
All such bonds now outstanding will be paid on
the first day of August next, with the coupon due
that day. or upon presentation at any time during
the present month.
From and afterthe first day of August next. Intercet will cease and no longer be paid on any of
STUY'VfSAN'T FISH.
said bonds.
Secrei ary C. St. L. A N. O. RR. Co.

NewTor>, JulyO,

CO., Thbasurkr's OrriCE, 12 Wai.i, St.,
York, Inly 21, 18 1.— A Dividend of ONB

CENT has this day been

New
PKB

declared on the Preferred

Stock of this Company, payable on and after

Ang

stockholders of record Aug. 10, 1881.
Transfer books will be closed from Aug. 10 to Aug.
20. inclusive.
D. B. HATCH, Treasurer.

20, 1S81, to

The LAKE SHORE
lORE AXD
AXO MlCHIGA?r
Michigan Soutiikrw)
SoiTTIIER.Vl
Railway Comp
OMPA.NY. 'lHKAKrKKU'.S tlKKICIC,
GRAM) CENTRAL DKI'OT,
New Vork. June24. 1881.
'l-HE DIRECTORS
CTOKS OF THIS CO.IIPAS'Y
CO.IIPANI
1
I

I

l

have this day declared a quarterly dividend of
(JE.Nr upon Us capital stock, payable
lat day of AL'GL'S r ne.vt. at this office.
The Transfer Hooks will be closed at 3 o'clock
P.M. on THL'RSDAy, the 30th instant, and will
be re-opened on the morning of Thursday, the 4th
day of August next.

TWO PER
on the

B. D.

WORCESTER, Treasurer.

'-'coupons, due July

I,

be paid at and
of the Central Trust

1881, will

after maturity at the office

Company, New York.

JOHN VAN RBSWICK,

President.

OFFICE OF THE HOmESTAKB
YORK, July

upon the stock of the Company, payable on and
after the 1st of August. Dividends on attack registered In New York will be paid at the office of the
Company, No. 52 Wall Street. The transfer books
win he closed on the 81st day of July, and be reopened on tbe 6th day of August.
C. C. Baldwin. President.
New York, July 5, 1861.

THK ST. Paul Minxeapoms A Manitoba)
Railway Company. No. 63 William St., \

New

18

WALL

ST.,

NKW

12, 1881.

DIVIDEND

No.

35.

The Regular Monthly Dividend

of Thirty Cents
per share has been declared for June, payable
at the office of the transfer agents. Wells, Fargo k
Co., 06 Broadway, on the 25th Instant.
Transfer books close on the 20th Instant.
U. B. PARSONS, Assistant Secretary.

V<iuK. July

11. 1881.

)

DIVIDEND OF 7'IIUEE
A SEMI-ANNUAL
cent has
day been declared upon the
Stock of
Company, payable on and after
this
this

|)er

Capital

MONDAY.

August

I,

1881, at

the offlccof the

Com-

pany's Agents, Messrs. J. S. KENNEDY A CO., No.
63 William Street, New Vork.
Transfer books will be closed at 3 o'clock P.M.,
on Wednesday. July '20. and will be re-opened on
Friday, Aug. 6. at 10 o clock A. M.
GEORGE STEPHEN, President.

1881.

SOUTHERN MARY'LAND RAILROAD

MINING CO.MPANY, No

6 Per Cent Mortgages,
FRA.VCIS SMITH,

July, 1878

LOriSVILLE &. NASH.
THE HOLDERS OF SECOND MORT- TVOTICE.-THE
i> VILI.E KAILKOAU CO.MPAN V dec:ared this
TOGAGE
BONUS OF I'HK MISSISSIPPI CEN- day
a
semi-annual
dividend
of THREE PER CENT
TRAL RAILROAD CO.'rtPA.N'Y.-The Chicago

Ohio

ADDRESS

July, 1678

do

do

Ju1yl,'g(
jBlyl,'»l
Julyl.'ft

JiNO. W. TATTAU.
Ex. off. Clerk of Board.
Attest:
Jos. 8. HlLI., Chairman.

Cincinnati Main Issue 7'30b, due 1902.
Scioto Valley Consol. Gold 78, due 19 10,

it CO.,

do

prft tern,

W.

1881.

Investors.

Cincinnati Gold Gs, due 1906.
Cincinnati Currency 68, due 1909.
Cincinnati Sinking Fund 78, due 1904.

NKW

Jan., 1S7V

JE. McDavItt,

1,000 Jan. l,'87 Julyl.'flf
8,000 Jan. I,'6' Julyl,'9t

;

Kansas A Nebraska Bonds.
Bt. Joseph A Western Bonds.
Cincinnati Uamllton A Uavton Bonds

No 58 BROADWAY.

do

Tenu.KR

Jan., 1879

.

do

|I63J)00

Pursuant toan Aciof the Lexislalive Assembly of
the Territory of Montfri.4. entitled ",an Act to provide for the fundinK of the outstnndinir indebtedness of rhoteau County. Montana Territory," approved February 23, 1881, the Board of County
i ommissione's of ^aid County will offer for sale at
PUBLIC AUCTION'. Bt the County Clerk's Offlec. at
Fort Benton. C.ioteau County, Montana Territory,
on the first dav of Septemner, A. D. IShl, at 11
o'clock A. M.. Ten Ihousand Dollars ($10,000) of
Choteau County Coupon Bonds. Said bonds are due
at the pleasure of the County after Hve years, and
redeemable in ten years, and hear interest at the
rate of seven per cent per annum the interest payable «eml-.innu Ily. on presentation of the proper
coupon, at the office ef the Treasurer of sa'd
C'ennty. or at some designated bank in New "York
City, at the option of the holder, (iald bonds shall
be of the denomination of one hundred dollars
and one thousand dollars, and will be Issued on the
10th day of September. A. D. 18S1, but will not be
gold for less than par.
By order of the Board this 11th diy of July, A. D.

NASSACI STREET,

With BOODY. Mcl.ELLAN

,

Ian.. IH7»
Jan., 1879

BONn>» OF CHOTEAU COUNTY, TtOSTON & NEW YORK AIR.LINE RR.
SALE OFMO.NTANA
TKRUrroRT.

Albert E. Hachfield,

BnccesBor to

Julyl.'fM
do
July 1, -a' Hiss. A

Coupons.

uilA map and full parliciilari furnished on apjtltcation.

D. A.

1,

(2763 346, 171. 8030. 131. 83. 2««2. 2981, 345, 2980,
J25-0. 2891.2»59. 2980,2929.8909, 86S0, 2759, 2873,
(2924,2271,2528

ANTHONY, POOR & OLIPHANT,

To

1.

3,000, May

do 1155, 1154, 1178,1108,1204,1109,12:3,1179,1180,1183
do 87
Gold.
16 do i2«2. 2188

103.

SAi^E

do

14,000 July

'1503. 1494

mortgage.

PUK

do

Jan 1879

A, B. Taylor

Hem. A Char. RR

1,

ISO each 28, SS.

30 do
30 do
30 do
SO do
SO do
30 do
30 do
30 do
ao do
SO do
SO do

A

I, '84

1, '88

Fund, due debt

ofthaCUy.
i
Memp. A O. KB

Coupons.

is coiniiUted to South Lyons, 61
miles from Toledo. The Toledo i Ann Arbor
Division (4C miles) is now earning at a rate suffleent to i>ay the interest on the whole $1,260.
000, without any business from the 98 miles of
the extensioi;, which is also covered by this

No. 43 Wall Street,

July, 1878

do
do
do

M.S. 01«, 8788. 8769,

(

1871

'N'ew

This extension

Jollet

July

52 July

1, '54

\

9.000 July

12580

1. 000

90
30

17

lulyl,'8l

80.0*

1

200 000.

at

li. Doufflass.

do
do

Mlss.ATenn.nR

Julyl.'8«

Jnlyl.'M

78.

1,000

Those bondf* were issued to retire an existing
mortgage of $750,000 ou tlie old Toledo & Ann
Arbor R. R. (16 milei?), and wiili the excess to
extend it 38 miles to the Grand Trunk Railway
at Poutiae. and to other important eonnections.

FamphUI

'85
I. '80

Apia,

14,000 July

do
do

1,

l.OOO^Julyl,

8,000

•;7M.78.'5.7fiI,7M3,80S!.
(810, 817. 81«, SIM. ..,
988, 1043, 1094

Old B'ds Memphis C'j

Rate of 813,000 Per Mile.

A limited amount offered

July
July

1.

ISSUE, $1

at tbe

6.100 July B,
2,ll00Nov.8.
1.000 Apr. I.

^871,tl7«. sra.sTB
^ 102. 197, 160.800,201,
m-s. SOS, vaa, i»o

do

Mein,AL. Rk.KR A.

Coupon*
Mayor on
Bond*

1140.

do B01,Bll,Sia
do 843
( 1-86,'Wrii, MS, 8(ie,'(i89',
do :f6(l,8Bl. WW. 807,870,

(

Imaed

iu«,

IIOS

/

;

ADD July

ViXl

)

f 1,000 each 1844.

FORTl-YEAR GOLD BO.^iDS.
WE 1921 I.vTERLST January

PKDICirAL

ilo

)

Signed by

t*t.

Arbor &
Grand Trunk Railway
C

11H.1.

Issued to

»I,000'julr6,'66 July!, '86

I1&I, US';,
1141

do
do

Date of
MalurltT

l57-,ei7.ni9,684.e!IO,

Ann

FIRST illOBTGAGE

Issue.

(

Financial.

Toledo

Date of

$1,000 each 1107
1.000

Hong Kong &

Total

Am'nt

AMERirAN
111'

OrricE
OmCE
DOCIi
PCK

OF THK
OP

1

& IlMPROVEMENT CONPANY.V
NEW York, June 10. I88I. )

1-IllF.RTV S
St..

'pilE

AMERI
IICAN DOCK A:
„ IMPROVE

1 MKN'i' Ci'MI'ANV, having reserved the right to
pay the principal and interest of their bonds dated
October 1. 1866, at anytime after the Hrat day of
January, IHTO, first having given six months' notice
ot their intention to make such payment, notice is
hereby given to the hitlders of the said bonds that
the Company, In the exercise of said right, will paj
the prtnclpal and interest of the said bonds at the
National Bank of t^omniorce. on the 31st day of December, 1881, at which date Interest on said bond*
will cease.

JOHN

8.

BARNES,

R. T. Wilson

Vice-President.

&

Co.,

BANKERS AND COMMISSION MERCHANTS
% Bxchance Court, N »w Vock,

THE CHllONKJLE.

IV

[Vol. XXXIII.

Financial.

Financial.

OW

2V

DR

E

tV

D

RR. Company

Central

^5ir .

OF NEW JERSEY.

Manual of

Poor's

the Railroads of

^3,000,000
CENT BOXUS

CONTAINING DETAILED STATEMENTS OF THE OPERATIONS
AND CONDITION OF EVERY RAILWAY COMPANY
IN THE COUNTRY.

OF THE

American Dock & ImproTement Co.

DUE JULY

1921.

1,

INTEREST PAYABLE JANUARY

IN ONE YOLUME.

1,300

PAGES, CLOTH,

PAICE, FIVE DOL,L.4RS

By HElVItY

V.

&

H. W.

POOR

PER COPF.

NEW

offer to

Manual of the Railroads of the United

present number.
The statements in the Manual give, in all cases, a careful description of the routes or lines
the dates of their charters ; of
of the several companies, whether owned, leased, or operated
the opening of their roads, with a brief slietch of their history with statements of the gauge
rolling stock tons of freight and nimiber of passengers moved the number of each moved one
mile the gross earnings, net earnings and operating expenses the amount of share capital, and
of the funded and floating debt, with particulars of the funded debt in detail rate of interest
paid, and when and where payable ; the amount and rate of dividends paid, and when and where
payable the cost, assets, land grants, etc.; and names and addresses of the directors and of the
principal officers of each road.
For all the principal companies detailed comparative statements for a series of years are
given, in tabular form, affording the best means ef estimating the value of their securities.
The body of the work Is preceded by an Introduction giving a slcetch of the rise and progress
of internal Improvements, and of the internal commerce of the United States ; to which is added
a review of the charges of monopoly preferred against railroad companies.
An Appendix is added gi ving reports of Horse Railways, statements of the debts of the United
States, and of the several States
also a list of former companies whose names have been
changed, or have disappeared, with the name of the company to which reference is now to be
made for Information concerning them.
These and other features new to tills edition will, it is believed, heighten the usefulness of
the worlc to all who are interested in any way In the Railways of the Country.
The price of the work remains at FIVE DOLLARS per copy.
Orders for copies of the Manual for 1881 wEl now be received by
;

;

:

;

;

;

;

;

;

H. V.
New York,

July

&

H.

t'GOLD FIVES OF

1951''

OF THE

Chicago St. Louis 6c

New

POOIi,

ever acqulrea for the purposes of Its incorporation
This loan has been authorized to consolidate
existing debts, with largo reduction of Interest
charges, and without increase of indebtedness

THE ILLINOIS CKNTBAL KAILUOAD CO.
owns two-thirds of the capital stock of this company and controls this necessary extension
of Its

2G

upon ajiplicatlon to

CO.,

NASSAU STREET.

Car Trust Bonds.
WE

MAICK A SPECIALTY OF THESE VERT
SAFK SKCUKITIES, AND BUY AND SELL SAME

AT MARKKT PRICE.
WE OllPUK A LI.MITED AMOUNT OK DBSIRABLH CAU TRUST ISSUES, ADDITIONALLY
BBCLnKI)
V THE DIRECT OliLWATION
TUE RAILWAY UgUlPMKNT COMl'A.Ny. OF
II

CLARK, POST
31

Oc

MA51TIX,

PINE STREET.

000,000.
It is stipulated in the Mortgage that the proceeds of all sales of the property of the Com
pauy shall be invested in these Bonds, the Company reserving the right to redeem at 110 when
the bonds cauiiotbe purchased in the market at
a lower price, desiguatiug by lot the uumbers of
Bonds 80 to be redeemed atier GO days' puhlio
notice.

The Company has purchased all of the riparian rights of the shore owners, and a grant
from the State of New Jersey of all of its claims
to laud under water in front of the same.
The value of this water front can scarcely bo
over-estimated, in view of the proposed extension to this city of the BALTLMORK & OHIO
RAILROAD from the South, and the extension
of the lines of CENTRAL RAILROAD OF
JERSEY through Peuusy ivania. to connect with
the
ST. LOUIS & PACIFIC ROAD.
Of the $5,000,000 of the .'ibovo issue purchased by us, for account of ourselves and associates, a large amount lias been exchanged for
the old 7 per cent Bonds of

NEW

WABASH

THE AMERICAN
DOCK AND IMPROVEMENT COMPANY,

First Morlgasre 6 Per Cent Gold

DREXEl, MORGAN &

Bonds

CO.,

BANK OF

N. Y.

Spencer Trask.

C. Chew,

No. 7

last.

IO2I9

AND ACCRUED INTEREST, RESERVING
THE RIGHr TO ADVANCE THE PRICE
WITHOUT NOTICE.

FOR SALE AT THE

These bonas aro secured by a mortgage that covers the franohiso and entire property of the company, Including the cqolpmcnt, branches, extcnBlons, lands or other property now owned or when-

WIXSLOW, LAXIER &

All tlie Stock of the Company is owned by the
CENTRAL RAILEOAl) COMPANY OF NEW
JERSEY, the property having been acquired
by that Company at a cost exceeding $10,-

FIRST NATIONAL

COUPON BONDS OR REGI.STERED CEK- NATIONAL BANK OF THE REPUBLIC'.
TIFICATES OF $1,000 EACH.

Ino'frftm Cairo to New Orleans.
Further particulars may bo had

million dollars.

WE OFFER THE REMAINDER AT

PITTSBURO BRADFORD &
BIFFALO RR. CO.'S

RR.

These Bonds are seciu-cd by a First Mortgage
on the entire property of the Company, -which
consists of land .and water front adjacent to
tlic present terminus of tlie CENTRAL R.-i.ILKOAD OF NEW JERSEY, at Jersey City, and
extending soutlicrly on New York Bay for
about two miles, and recently appraised by
disinterest d iJartics at over twelve and a half

imder the Company's circular of Juno 16

No. TO Wall Street, BTew York.

15, 1881.

Orleans

TV^.

JERSEY.

AND INTEREST GUARANTEED BY THE CENTRAL RAILROAD
COMPANY OF NEW JERSEY.

PRINCIPAL

POOK,

;

AND

1

JULY 1.
FREE FROM TAXE3 BY THE UNITED
STATES AND THE STATE OF

ROYAL OCTAYO.

the public the fourteenth annual number of their
States, upon which more than the usual care and
labor has been bestowed, and which, it is believed, presents in a compendious form, a faithful
summary of the reports of the seTeral companies.
The enormous progress made by the Railways of the United States the past year, and the
numerous and important combinations that have been formed, give a special Interest to the
Messrs. H. V.

P£R

FIRST IHOKTOIOE FIVE

the United States for 1881.

J.
WALL STREET, NEW YORK.

TEXAS RAILWAYS,

BONDS, I.ANDS, &c.
Desirable Texas Securities for Investment con
stantly on hand

Geo. F. Feabody.

Fred. B. Kcyes.

&

Trask

Spencer

Co.,

BANKERS AND BROKERS,
70 Broadway,

New York

Transact a general
Stocks

City.

Banking Business.

Bonght and Sold on Margins.

Interest alloioed

Kountze Brothers,

on Deposits.

Bkancii Offices,

BANKERS,

Connected by Privulc Wires^

180 Broadway (Equitable BaUdlug;)-.
N E AV

YORK.

Philadrfphia, 133 S. Third

St., C. F.

Albany, N.Y., Maiden Lane,

W.

Saratoga, N. Y.,

I^ETTERS OF CBEDIT

Grand

Fox.

A. Gra'Ves.

Uiiiou Hotel.

AND

CIRCULAR

WOT

JE

S

Issued for the Use of travelers In
all parts of the world.
Bills drawn on the Union Bank of
London
Telegraphic tr.in»fers made to Loudon and
to
various places in the United States,
Deposits received subject to chock at sight, and
Interest allowed on balances.
Oovemment and other bonds and Investment se•unties bought and told on commission.

C. H.

&

E. Odell,

AGENTS FOR

Steel
itt

and Iron Rail
A N IJF A CT ITR KIt.S,

104 John Street,

NEW YORK

Booms 10 &
CIl'V.

11,

xmtk
HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
Entered, according to act of Congrees, in the year 1881, by

VOL.

Wm.

B.

Dana &

Co., In the

SATURDAY, JULY

33.

CONTENTS.

of the Librarian of Congress, Wasblngton, D. C.|

t»fflce

23,

NO

1881.

839.

come to light. But as a basis for pushing
down,
excellent use was made of the continued
THE CHRONICLE.
85 Census Cotton Consumption
The Financial Sitimtlnn
cutting
of
rates
on passengers and freight, and of the vague
89
Fi^-ures
The Conilug Xlei'tiug of Bankers
87 Gn':it Britain and Her ColIn
reports,
so
industriously
circulated, of deficient crops.
onies
90
The Flimli! of the Universal
Commercial
Life
87 Monetary and
breaking
their
endeavors
aided
by
the
up
of
the
bears
were
91
Kn^UshNews
Enforcement of Penalties for
values have

prices

Smuggling

Commercial and Miscellaneous

88

and by the
rumors that one or two leading operators had concluded to
OuDtatlons of Stocks and Bonds 96
Sfoney Mnrkct, Foreign ExNew York Loc.il Securities
97 assist for the time being in forcing prices down, in the
change. U.S. Securities, State
Railroad Earnings and Bank
and Railroad BuuUii and
9-1
Returns
93 belief that lower prices would induce purchases by the
8tock.s
Investments, and State, City
Bange In Prices at the K. Y.
and Corporation Finances... 99 "shorts" and outsiders, and make it a comparatively easy
Stock Exchange
95
THE COMMERCIAL TIMES.
On
110 task to push quotations up beyond present figures.
Commercial Epitome
102 Dry Goods
Cott<m
103 Imports, Receipts and Exports 110 some of the low-priced stocks the disposition of the banks
News

93

several pools operating in particular stocks

THE BANKERS' GAZETTE.

I

Breadstufls

lOi)

collaterals more carefully than heretofore,
had some effect.
Though the entire market declined more or less, the
strength shown by some of the better class of stocks was
a noticeable feature. While the fall in special instances
was as much as, and more than, 10 per cent, some of the
The steadibest properties gave way but 1 or 2 per cent.
ness manifested by these latter shows at once how difficult

to

scrutinize

also

The

Com.mkrcial ai^d Financial Chrosticlb is issued every Saturday tnorning, with the latest news up to midnight of Friday.
(Entered at the Post OfBce at New York, N. Y., as second-class

mail matter.]

TERMS OF SUBSCRIPTiON-PAYABLE

IN

ADVANCE:

For One Year (iueluding postage)
ForSix MoL<lis
do

Annual subscription
Sixmos.
do

in

London

$10
6

(iuclu<llng postage}

20.
10.

S,2 7s.
1 8s.

do
do
Subscriptions will l>e continued until ordered stopped by a written
order, or at the puUlicaUon offlee. The PuliUshers cannot bo responsible
Cor Remittances unless mitde by Drafts or Post-Ollice Money Orders.
Advert Ifteineuts.
Transient adrertlaements are piililisliedat 25 cents per line for each
Insertion, but when detlnite orders are ^ivon for Ave, or more, insertions,
a liberal discount is made. Special Notices In Banking and Fiuauoial
column 60 cents per line, each insertion.
liOudoii and Liverpool Offices.
The oflice of the Chrosioi.k in London i.s at No. 74 Old Broad Street,
•nd in Liverpool, at No. 5 Brown'.s BuililiuKS. where subscriptions and
•dvertisenients will be taken at the regular rates, and single copies of
the pajHir suppUcd at Is. each.

WILLIAM

40US

<i.

B. DANA,
FLOVD, JK.

?

i

WILLIAM
79 &

B.

DANA &

00., Pnblisheri,

WiUiam Street, NEW YORK.
Post Offick Box 4592.
81

tlT A neat tile cover is furnished at 50 cents postage on the same Is
18 cents. Volumes bound for subscribers at $1 00. A complete set of
the Commercial and Finamcial Chuootolb—July, 1865, to datecan be obtained at the office.
;

it is

to influence

investors,

securities

and how strong

in a continuance of

the

is

that

command

the favor of

the confidence of the public

country's present prosperous con-

dition.
It is

among

not to be denied that

now being

the various securities

dealt in in the different, markets, there

worthless trash, that has

fl.oated

is

some

along with the current,

and been greedily absorbed by the unwary at almost any
Yet
figure, merely because prices appeared to be low.
these are exceptions, and they only go to prove the rule,
that in

the vast majority of cases prices are higher

than two

now

years ago, simply because the roads are doing a

more money. There may be
But while general trade remains in its present
Under the influence of a vigorous, determined, and pro- conservative condition, these can be only temporary and
longed assault on values, prices of stocks have suffered a fall limited in their application there is no likelihood of their
this week more pronounced (barring the temporary panic becoming permanent and general.
occasioned early in the present year by the withdrawal of
The storms and snow of last winter undoubtedly had an
bank circulation) than any that has occurred since the sudden unfavorable effect upon both gross and net receipts, but
topple of May, 1880.
The movement was skillfully engi- this does not affect the general prosperity, nor does it
neered, the plan pursued being to select the most vulner- indicate anything except that the roads have suffered a
able points, make a tremendous onslaught on these, follow loss which is a present, a temporary influence only, since
this up by a more or less general attack all along the line, there is little probability that the severe weather of last
and thus weaken the entire list. This mode of procedure, winter will be repeated the next, or experienced again for
when tried, gave such decided promise of success that it a long time to come. Then, too, the railroad war must
was repeated again and again fur several days first one be brought to an end some time or other.
Indeed, the
stock, then another, being made to answer the purpose. general belief is that this will be done as soon as one or
Care was always had, however, to select OHly such stocks two parties believed to be intent on getting a large
as appeared, from an inherent weakness in their position, line of stocks at lower prices by prolonging the struggle,
larger business and earning

THE FINANCIAL SITUATION.

set-backs.

—

—

—

least able to

It

withstand an attack.

cannot be said that any

new

find

facts affecting stock

it

to their interest to

^As to the

do

so.

crops, definite information cannot yet be given

THE (MRONK'LE.

ee

[Vol.

XXZUI.

though late advices are of a favorable character. But 005,600 of reserve, and $351,199,."j00 deposits. The large
Treasury in the near future encoureven should there be any deficiency here, it is not to be for- disbursements by the
that this reserve will be heavily auggotten that the volume of general freight is increasing all age the expectation
movement to the interior will naturally
the time, which is a constant source of gain to the roads, and mented, and as the
that they

may

thus be able to

from diminished

make good any

loss resulting

During the year ended June 30,

crops.

1881, 668,000 emigrants landed on our shores.

Aside

be light for at least six weeks, a large accumulation of
funds,

loanable

and gain in

deposits,

may

be

looked

for.

The Treasury operations for the week, exclusive of the
labor is likely to
of $1,000,000 gold from San Fr.<i.ncisco, have
productransfer
swelling
the
by
make
tions of the soil, these people have wants which must be resulted in a loss, which is a gain to the banks, of $1,634,The payments by the Assay Office for domestic
supplied, and in great part the supplies will have to come 412.
by railroad, so that tha railroads have this further pros- and foreign bullion have amounted to $331,032, and the
In view of such facts, can following shows the daily receipts by the Treasury from
pect of an augmented traflBc.
we wonder that it is no easy matter to depress perma- the Custom House.
nently the values of good properties ?
Comisting of—
The decline in the market, which continued through
Date.
Silver
u. s.
SU»er
the early part of the week, was arrested on Thursday,
Oold.
Dollars. Certi/lcales.
Notes.
when, towards the close of the day, there was a decided
$416,465 85
$189,000 $13,000
$214,000
The fact that a conference of managers of the July 15 ...
reaction.
" 16....
335,795 40
146,000
9,000 $1,000
181.000
trunk-line roads was held at Commissioner Fink's oflBce on
" 18....
628,731 84
201,000
35,000
392,000
"
40
804,355
295,000
19....
23,000
486,000
that day, when it was resolved to make no official reduc" 20 ...
323.795 52
123,000
8,000
1,000
192,000
tion of freight rates, was accepted on the Street as an
" 21....
204,103 98
148,000
8,000
1,©00
248,000
indication that the managers were ready to compromise,
Total... $2,713,247 99 ?1, 102,000 $96,000 $3,000 $1,713,000
and the news had a stimulating effect upon the market.
The following shows the net Sub-Treasury movement
It was then reported that a further conference would be
held in a day or two, when the question of restoring pas- for the week ended July 21, and also the receipts and'
It is regarded as shipments of gold and currency reported by the principal
senger rates would be considered.
from the addition that

this

influx of

to the business of the roads

,

probable that

all

the differences will soon be adjusted, and

banks.

this naturally influenced the speculation in the stocks of

the trunk-liae

roads.

Into Banks.

Yesterday the market was again

symptoms of weakness at the close.
The movement in the market for the past two weeks has
been mainly speculative. It does not appear that any of
those persons who within the past year or more have

Treasury operations, net

bought stocks for investment purposes, have taken alarm
at the decline and sold their stocks, and there is pretty
good evidence that the fall has induced purchases by these
and other investors who are continually watching for such
opportunities.
Those speculators, operating in pools or

receip's

unsettled, with

independently,

who

tively high figures

sold out their stock at the compara-

ruhng before the decline commenced, are

supposed to have taken back their stocks after the market

Total

The

Qiilnf Banks

Net.

$1,634,412
1,126,000

$1,025,000

$1,634,412
101,00.«

$2,760,412

$1,025,000

$1,735,412

movement given above embraces all the
and shipments of gold and currency reported to

interior

us by' the principal banks for. the week ended July 21,
.

which, stated in our usual form, were as follows.
Receipts at aiUl

Currency
Gold

Shipmenlsfrom y.

.

Total

Received.

Shipped:

$1,106,000
20,000

$75E,000
270,000

$1,120,000

$1,025,000

T.

had had a reasonable fall, leaving the other class of
The Bank of England reports a further loss this week
operators,
making speculative sales, to manipulate
of £57,000 bullion, making £639,000 for three weeks,!
the market so as to enable them to cover their short
but the proportion of reserve to liabilities shows a gain in
contracts.
ttiis interval of
1 per cent.
The Bank of Prance reports
These operations made the market comparatively bare
an increase thisweekof 350,000 francs gold, and 1,087,500
of stocks early this week, as was shown by the borrowing
francs silver, and the Bank of Germany shows a gain of
demand for some of the leading properties, and compelled
2,160,000 marks since the last report.
The following
the speculators to continually raid it, thus keeping it
exhibits the amount of bullion in each of the principal
feverish so that it might not be too favorably influenced by
European banks this week and at the corresponding date
current reports and by their purchases.
I

I

The President has continued to improve during the
week, and is bow regarded as nearly out of danger. The
reports from trade circles show a general revival of business, indicating that

in the grain-growing regions has

ally favorable for the ripening of the crops,

now

been generand hopes are

entertained that the harvest will

show a much larger
was estimated a few weeks ago.
Money on call has been in abundant supply at the Stock
Exchange. This is partly due to the short interest in the
market, which materially lessened the demand, and also
to the liquidation which has been in progress for the
past
two weeks. The last return of the associated banks of
yield than

this city

July 21, 1831.

July 22, 1880.

aold.

Silver.

aold.

Silver.

£

£

£

£

the

recovery of the President has
ended the suspense which has more or less influenced the
trade of the country since the attempted assassination.

The weather

last year.

showed the unprecedented

total

average of $99,-

Bank of England
Bank of France
Bank of Germany

28,982,082
26,595,919
25.050,832 50,215,010 30,323,794 49,918,066
9,270,520 19,553.520 9,682,606 19,365,334

Total tills week
Total previous week

61,523,271 69,768,530 68,988,542 69,583.400
61,539,771 69,044,030 68,859,299 68,901,389

ly The

above gold and silver division of tbe stock of coin of tlie
is merely popular estimate, as the Bank itself gives
no Information on that point.

Bank

of

Germany

Foreign exchange was dull and barely steady in the
of the week, and it fell off on Tuesday afternoon and became weak on Thursday in consequence of the

early part

and of some bankers' sterling
bought in this market fpr Euro-

pressure of commercial bills

drawn against

securities

'

JuLT

THE CHRONJCLE.

33, 1861]

The margin

pean account.

of profit for cable transactions

indicated by the following, showing

is

London and New York
JiUy

/uly

IS.

at the

opening each day.

July

18.

relative prices in

July

vO.

SI.

July

31.

Lond'n K.Y. Lond'n y.Y. LornVn N.Y. Lon4'n N.r. Lond'n y.r.
pHce:* price*. prices.'' prices. prices.* prices. prices.' prices.

prtctt.' prices.

Iw7

U.8.4»,o.

ilS'M

lldK

;:«B4

ne^

IIIS-.M

iie-r4

118-^

U.8.58.

101

103
43

101-87

loa
43

10107
4.3 f 6

103

iortf2

43

101-87

lOlM

48 29
101-67

137-31

I3«

13«-»1

I4,Ti7

I42M

uasi

lOlK 10107
43< 43-85
lOlH 101-87
137H :38e6
lt3>4 US-76

XU 19

67Mi

eo-4St

t

W

«:7

Krle

43 OS

Mcon. 10187 WIS,
lU.Cont. 13»^M
N. Y. C. 14887

»l»*

Reading

10187

138
143

13JM

'OOM
13»K

14351

14S)4

00

WOS*

M

B»

118W

29-3: +

11«X
101^
43s<
io:«i
188)4

*

Expressed

t Heading;

89H

vmt

4-88^

4-»6^

New York eqiilrulent.
basis of |50, par value.

tn their

tin

t Extctiiled.

Note.— The New York eqiilviilpiit i.s based upon the highest rate for
cable trauafers, which ordinarily covers nearly all oharf^es, such as
intertist, insurance and commissions.

Government bonds have been steady

for

all

the issues

except the extended bonds, and these have at times been

momentarily influenced by the comparatively light demand
and by the uncertainty regarding the amount which will
eventually be issued, late reports indicating that a
larger

number

and

little

much

of the 5 per cents will be extended than

The dealings
more is done than

at first supposed.
light,

to

was
Board are very

;

hence their need of

own

guidance.

Important topics are rather overbundant than scarce.
Expected addresses are mentioned upon the future currency of the country, the pe.ils and safeguards of the
financial situation, the industrial growth of the West and
South, the improvement of business since resumption, the
causes of monetary panics, the dependence of the country

upon banking

in

various respects,

clearings system, the

the growth of

influence of sound

the

banking upon

credits, &c., &c.

some

and timely topics which should
is one of these, and it will be
the subject of the usual report, but whether anything can
be added to the force of the strong arguments for a reduction, is doubtful.
Another, upon which light is needed, is
the future currency of the country and tho-position of the
banks with regard to it. The bank circulation, although
most people have nearly forgotten the fact, was never
have prominence.

practical

Taxation

intended

for a permanent one, but, like the greenbacks,
was a war expedient.
Nothing beyond the temporary
exigency was thought of when the system was originated,
and although its safety and convenience have continued it

it remains to be established whether it shall be a
permanent
currency.
The approaching expiration of the
make quotations as
bank charters and, more than all, the disappearance of the
bonded debt, are compelling the question to come up.

at the

the basis for counter transactions.

Tun COMING MEETING OF BANKERS.
The annual meeting

interchanged information for their

Tliere are

4WW

i'MH

are they likely to change this habit

148)4

Bxoh'ne,
oablea.

87

in use,

Manifestly, the

bank

circulation

cannot long exist on

its

present foundation, and the issue part of the system must

American Bankers' Associa- be either remodeled or abandoned. Inasmuch as nobody
August 10-12, promises contemplates the exclusive use of a literal hard-money
to be this year uncommonly interesting.
The attendance currency, the choice must be made ere long between a
which has naturally been increasing yearly, is expected to remodeled system of issues based upon security deposited
te unusually large 8,000 invitations have been sent out, with, the Government, the revival of State banks as issuers,
and a fair attendance from Canada is looked for, for the or a continuance of Government notes.
first time.
The place of meeting selected is doubly felicitThe antagonism between the greenback and the bank
ous, with reference to this practical justification of the note is now more pronounced than ever before, and of this
broad title '-American," this place being at the boundary the disturbance of last winter gave evidence, when the old
line, the charms of the American Baden having yielded to demand for substitution of the former was revived.
This
the claims of novelty and the desirability of attracting the Issue must be met.
The question is, whether the tempomost general attendance.
rary greenback of the war shall be paid and destroyed, or
It is much easier and likelier to underrate than overrate bo permanently continued as the main or the sole paper
the importance of such conventions and their possible in- currency.
No thoughtful banker need be reminded of the
fluence for usefulness, and that uselfulness is not to be immense and far-reaching importance of this question. It
accurately measured by results unmistakably traceable to cannot be avoided it will follow us and force itself upou
them.
Banking has become a great power in the country us. It should be treated dispassionately, but fearlessly, by
and all over the commercial world. Banking and transpor- the bankers in council.
They will be accused of desiring
tation are probably the most important of commercial powers. to retain their circulation for profit if they oppose the
For the exchange of information and for the common de- permanent greenback, and of conspiring to coerce the
fense thereby, such occasions may be made most useful
Government if they propose to withdraw their note's; but
Such defense, however, it is well to remark, is to be found this, though unfortunate, they must not mind. Their part
far more in the spread of knowledge on the subject than in is to present the subject intelligently and judicially, and,
the workings of any guild among the banks.
The popular as far as possible, visibly in the public interest as well as
notion, as is well known, is to the contrary, but it is most their own.
Their position makes a demand upon them for
erroneous.
There is hardly a guild or trade class in some material contribution towards the right adjustment
the country, from transportation companies down to of the problem.
trades unions, which uses so much independence of
action and is so little governed by an organized cenTHE FINALE OF THE UNIVERSAL LIFE.
tion, to

of the

be held at Niagara

Falls,

;

;

tral authority

from within,

banks.
They
by a preconcerted

as that of the

may, and

do, act in concert, but not

movement

;

the notable action of

last

February, when

large amounts of circulating notee were pro forma surrendered, in anticipation of the Funding bill, was coincident

The

recently-published report of an

of the Universal Life Insurance
recollection of

its

peculiar past.

official

examination

Company, revives the
Just four years ago

[Chronicle, July 21, 1877, page 51]

we reviewed

the then

condition of the company, which was at that time before

The chief
not the conspiracy to Judge Landon on application for a receiver.
some declamatory newspapers made items of assets and liabilities, as per the regular official
haste to call it.
This is cited simply as an illustration in report at the end of 1876, the official examination in 1877,
point. J^The banks act together, perhaps, but they do it in- the regular report at the end of 1879, and the official
dependently, and not by force of a governing union.
Nor examination just now made, are given below.
individual

action

in

coerce Congress which

self-defense,

THE CHRONICLE.

88
May

Jan. 1,
1677.

Assets.

1,303,075
1,06.5,391
MortKaifes
Premium notes and loans 767,088
lf>l,975
Stocks and bonds
154,528
Casb in Tarlous places

Real estate

—

524,636
823,720
708,811
134,700

1,391,772

1,931

3,977
89,674

255,891

Total ailmltted assets. 3,896,872

2,449,689

Liabililies.

3,005,527
He-lnsnranoe reserve
86,275
Policy claims matuied,&c.
146,652
Sundries
200,000
Capital stock

3,169,345

3,438,454

3,655,102

Total
Surplus...

*

246,226
39,531

200,000

this is to be deducted $622,025 as
reducing the total to $1,844,349.

From

jiasets,"

1,210,733
203,509
218,379
200,000

1,115,124
126,526
200,922
200,000

1,832,621
11,728

1,642,572

fluctuations in

The remarkable

'

1878,

quality,

being $5,848,000 real

premium

gages, $1,919,400

and bonds.

stocks

These

estate,

notes,
latter,

$2,000,000 mort-

and only $764,800 of
plus cash on hand, did

not at the date in question quite equal the debt for

money

and $267,000 of policy

for current expenses,

borrowed
yet a surplus of
claims matured figured in liabilities
$689,000 was made out, the policy account having shrunk
from $39,480,000 to $19,630,000. This is not strength
and health, but the Charter Oak is still alive, with chances
It was not so eaten out as the
of regaining vigor.
Universal was, and the failure of the latter to do as well
under the nursing process as the former does not impeach
The law of
the expediency of resorting to that process.
1879, requiring call upon the stockholders where an
impairment of capital to one-half exists, permits them to
reach the same result that is, make good the impairnient
by reducing the capital but the minimum amount

884,016

depreciation from cost

some

which were subject to a depreciation of $344,were $10,40 8,000 at end of 1879, but a

assets,

;

]',265.il3
*

in'

758,556

2,466,374"

XXXin.

further depreciation of over $2,000,000 in 1879 reduces
them to $8,227,000, and they are still far from first class

230,093
281,899
129,973
73,912
37,846
4,833

709,570
176,217
95,164

458,418

I>eflcit...

The

30,

1831.

000 in

454,815

Other admitted assets

June

Jan. 1,
1880.

1,

1877.

[Vol.

of

of these items, par-

ticularly in real estate, are chargeable to the varying rule
(and we might almost say object) of the official valuations

How this most difficult task
at the several dates.
was performed, during the period of depression, by the
Insurance Department, has been shown in several instances,
but it would be profitless to discuss that now. The deficiency at present reported is only about two-thirds what it

made

—

—

;

which the capital can be reduced is $'^00,000, so that
this option in the law does not apply in the case of the

to

was made out to be in 1877, when the former proceedings
were taken, but of course the prospects of recovery are very Universal. A deficit of $684,000, exclusive of capital
much less, now that the general buoyancy has not availed stock liability, is announced to the stockholders, and as
to lift the concern upon its feet.
there is no selfish reason why they should contribute anyInstead of following the otherwise invariable course in
State, Judge Landon permitted the Universal to

thing, the formal dissolution of the concern is the only

this

remain in

statu

of the disputed valuations of assets, premiums falling

meanwhile

company under

to be deposited in a trust

trol of the Court,

them

course

and

The Universal has been an " amalgamating " company,
due and we reproduce the following statement of its operations

con-

W^ldows'

of abeyance remained substantially until April, 1879,

when

made

i>mf/>.tint,
Amfnoi Protection
^"""^
J Qu^rdlan
^

North America

companies,

covering in

the

all

times.

The absorption process

Universal
J

remains of

these

about 96 millions of

nominal insurance, although much of

—

—

\

5

The Universal thus contains
eight

to

Since then

secure a voluntary scaling of policies one-half.

Orpliang' Benefit

Amicable
Standard Government Security

the restraining order was modified so as to permit doing
business, on condition that an attempt should be

&

New York State

This position

company.

between 1872 and 1875.

as such,

to be returned to the parties paying

in case of dissolution of the

BO endeavors

left.

quo pending an inquiry into the correctness

it is

counted several

necessarily proved a fatal

which would have been useless have been
put forth to obtain new business, but the temporary officers one. Concerning the men who carried it on, the less
The Universal will always stand as a
in charge, with a faithfulness and ability which are not to said the better.
example
of corporate maladministration.
shameful
be fairly judged against them by their non-success, have

been trying to reduce the deficit.
The assets remaining are of very bad
nal

$888,275

of

taxes, assessments,

real

estate

and other

quality, the

nomi-

being encumbered

with

liens,

the $605,179 of mort-

gages having nearly the equivalent of six years' interest
unpaid, and the cash items being only a small fraction of
the unpaid death claims. The last half year's receipts were
but $7;!, 090, of which $22,645 was borrowed; the disbursements were $530,161, and if the heaviest items
^65,000 to the receiver of one of the absorbed companies
*nd $249,641 as profit and loss on real estate are
deducted, the $215,000 remaining compares dolefully with
the receipts.
There is nothing to look forward to, and
probably the sooner the miserable wreck can be covered
from sight the better.

—

For the rest, there remains only the disgraceful fact
and the potentially valuable moral we have so often
The truth is, the misconduct of the trust of
pointed out.
supervision voluntarily assumed by the State permitted
this, and the State is therefore in the position of having
practically aided and made feasible the mismanagement that
wrecked the Universal and other companies. The moral
is, that the law should be so changed that no more rotten
corporations shall be suffered to go on until past restoration,

and

and no more sound ones shall be figured out as unsound
sacrificed.

Eepetition of

these bitter experiences

should be rendered impossible, by the statutory basis of
the

State's

supervision,

instead

of

having

nearly as free as before, as far as that basis

is

them

left

concerned, to

reproduce themselves as soon as forgetfulness of the past
The case of the Charter Oak naturally is suggested in and a return of inflation have prepared the way. The
this connection, that company having been put into a supervision itself should be made substantial and not one
course of official inquisition at the same date with the of the list of prizes for party services.
Universal.

hope

A

of saving

they called "a
iper year,

.

committee of experts, improvised in the
it from a receivership, figured out what

minimum

recuperative

and the company went

on.

power"
Its

of

$294,670

income for 1879

ENFORCEMENT OF PENALTIES FOR
SMUGGLING.
Recent correspondence between Messrs. Alexandre,
United States District- Attorney Woodford and Collector
Merritt, brings to public notice a somewhat important

was $348,000 premiums, $259,000 rente, $175,000 interest,
and $809,000 total. Disbursements were $682,500 for
losses and endowments, the latter being very heavy
reform lately introduced in the duty laws. As shipping
$142,000 for improvements and repairs on real estate, and merchants well know, the law has long stood so that the
;

$1,522,000

total.

This

is

a heavy decline from the $3,-

250,000 income and $2,900,000 disbursements of 1876

owner's property in a vessel might be forfeited in conse-

quence of a violation of the duty laws committed withou

July

THE OHRONKJLK.

1881.

23,

89

A number of the pro- her to bo detained to enforce payment of any penalty
imposed forfeiture of the vessel which the master tias personally incurred (Rev. Stat.
involved, as the punishment uf disobedience; and made no § 3088).
Accordingly, Collector Merritt, acting under Treasury
exception of a case in which niasterand owners were not
involved in the offence, but it was committed by a passen- instructions, refused to grant a clearance to the Washinghia privity,

by persons on board.

visions of the duty laws

ger or a seaman.

Though owners and

had done ton unless the amount of the

captain

should be deposited condi-

fine

their best to secure entire obedience to the laws, the vessel

tionally to abide the result of the application for a remis-

might bo exposed to forfeiture for an infraction which they
did not share or know.
it was, however, temTlic law was unjust in prinriple
In some of the
pered or modified in administration.
Western districts the judges recognized an implied exception of cases in which the owners of the vessel were wholly
In an instance in Wisconsin the law (the old
innocent.

sion.

;

Duties-Collection

Act

of

ITl'!))

imposed forfeiture of the

ship for any importation of distilled spirits otherwise than
in casks of

the capacity of ninety gallons and upwards.

Alexandre

&

owners of the steamer,

the

Sons,

souglit to treat this as a wilful refusal to grant a clearance,

and applied for an arrest of the Collector. The DistrictAttorney declined to sanction an arrest, on the simple
ground that the Collector, in refusing a clearance, had
acted in good faith, under Treasury instructions; hence

was not a

his refusal

controversy

Thus the

wilful neglect of duty.

only a struggle over the question of the

is

power
ter

of the Custom-House to detain a vessel whose mashaving personally incurred a penalty, refiises to pay or

Whichever way this question may ultimately
Spirits in prohibited quantity were imported on the Cush- secure it.
man. But it was clearly proved that the spirits in question be decided, the liberal, wholesome principle of the law of
had been received on board secretly, by employees or ser- 1881 will stand unimpaired.
vants, without the knowledge of the captain or clerk, and.

And

in violation of a standing rule of the ship.

the court

held that though the spirits might be forfeited, forfeiture

CENSUS COTTON CONSUMPTION FIGURES.

Pennsylvania said that the fact that a small quantity of

Through the kindness of Mr. Edward Atkinson, Special
Agent in charge of the cotton manufacturing statistics,

goods had been smuggled on board a vessel by one of the
crew, but without any knowledge or participation of the

we

So the Circuit Court in

of the ship was not incurred.

master or omission of due care by him, should not be

deemed

to

expose the vessel to

forfeiture.

and with the consent of Gen. Walker, the Superintendent,
are enabled to give to-day the final report of cotton

consumption in the United States as prepared by Mr.
Atkinson for the Census Bureau. The preliminary report

But rulings of this favorable character towards owners was issued early in the present year and commented upon
were not uniform throughout the country. In Eastern in the Cheonicle of January 22. Since then the figures
ports a view commonly taken was, we think, to hold the have been subjected to a thorough revision, without matevessel

forfeited,

notwithstanding

the

owner's

actual

rially altering the

innocence of the offence, and leave him to an application to

compilation.

the Treasury Department

present return

for

This was

a remission.

general result arrived at in the earlier

be observed, however, that in the
the data with regard to the cotton

It will

we have

and that Mr. Atkinson

usually granted, and thus the theoretic harshness of the

consumed by woolen

law was

also supplies figures for the crop year as well as for

mills,

&c.,

the
conform the text of the census year. This latter fact is especially important, as
law to the practical administration which had thus become it enables us to make comparisons with our own figures,
general.
They enacted (February 8) that " no vessel used which always cover the crop or commercial year. Mr.
" by any person or corporation, as common carriers, in the Atkinson fi.xes upon 1,750,000 bales as the total consumprelieved.

Congress, last winter, saw

fit

to

common

United States during the year ending SeptemIn our Cotton Crop Report of last year wo
There is
estimated the consumption at 1,760,000 bales.
thus a difference of only about 10,000 bales between Mr.
" unless it shall appear that the owner or master of such Atkinson's figures and ours.
It is certainly gratifying t*
" vessel, at the time of such illegal act, was a consenting us to have this further testimony of the complete reliability
"party or privy thereto."'
of our methods and the substantial accuracy of our results.
This enactment, however, obviously leaves untouched Following is Mr. Atkinson's report.
the various provisions imposing forfeiture of the goods FiSAL COJIPUTATION OF THE NUMBEE OF BaLES OP CoTTOS CJoJTSUMED IS THE U.VITED STATES DCEINO THE CESSCS. YkAK
involved in any violation of the duty laws, or laying
To wit In factories making woven fabrics, thread, cotpecuniary penalties on the master or the individuals guilty
ton yam or special goods, all of which are known and
"transaction of their business as such

carriers,

"shall be subject to seizure or forfeiture by force of the
" provisions of Title 34 of the Revised Statutes of the
" United States" (the title relative to collection of duties)

tion in the

ber

1,

1880.

—

:

sold as specific mannfactnres of cotton.

of the transgression or neglect.

Eastern States— Vi».\a«, New Hampshire, Vermoiit,
In the case before us there is not involved any attempt
Ma.ssachusetts, Rhode Lsiand, Connecticut...
1,135,200
of the customs officers to resist or evade the new law- Middle States New York, New Jersey, Pennsylvania,
Maryland
236,411
Delaware,
The story, briefly narrated, is that on complaint of cigars Western States— Ohio, Indiana^ lUinoLs, Missouri,
•32,828
Michigan, Wisconsin, Minnesota, Utah
having been brought into the country on the steamship
City of AYasliington, which wore not included in her man•1,404,439
Total in the North
ifest, a proceeding was instituted against the master to Southern States— VirgiaiiL. North Carolina, South
Carolina, Georgia, Florida, Alabama, Mississippi,

—

enforce against

him

personally the penalty of a

to the value, imposed

by Rev.

Stat. § 2809.

sum

He

equal

to pay the money, desiring to apply to the Treasury for a
remission.
It seems to have been conceded that the circumstances brotight the case within the operation of the

new

law; the vessel was not liable to forfoitui-e; but the

view taken by the Treasury Department has been that
although the act of 1S81 prevents a forfeiture of the vessel
in such cases,

it

Loaisiana, Texas, Kentucky, Tennessee, Arkansas.

.

•182,600

declined

does not affect the former laws allowing

Total in the country

1,587,039

* Siuco the iilioTC lias bocn put in type wn have reoolvod ii teloCTnm
from Mr. Atkinson ii.«kliiH us to class iltesourt witli tlie boutli, Instead of
ni, v f.n \r^...ii>url,
witU the Noitli, as alii>vc. Wo liftvo uot tlic v' ''•
'i

luit iisins tlic

sunipti"" of

lismcs

111*-'

i,'iv(

^^''^^'''I'l

u in

tlie

^'•>'<'»woulil

jriveu; tlio total consumption of the
43!); and Routliein coiisumption

li

con-

prplini!lie

wouM

--as

'J

;.,.... •104,Ije inciiasoti to ls8,Utl:',froui

North

1.:..;

,

182,600 liftlta. It sliouiil lie said, however, that under our method a
oonsiilcrablo part of Missouri has to bo counted ulth the North, to that
for coniparieon with the C'HSOSICLE flijurcB the clussiacuUou abOTO 1»
prtloiablo.

iHE c:hronicle.

90

[Vol. XXXIIl.

mother country for their natural productions.

establishments
In the above list are included some
part of
that contain knitting machinery, and in which a
other knit
the cotton is worked into cotton hosiery or
mills
goods; but a considerable portion of the knitting
use wool and are compiled with mixed goods.
Number of bales used in mills that are commonlpr
known as woolen mills, but in which machinery is

On

these

Lord Mayor enlarged, although not quite in the
If the time had not come
Cobden.
Richard
of
spirit
when they might hope to witness the full realization of
the dreams of the poet laureate, in " the Parliament of
man and the Federation of the World,'" there was at least
worked sometimes on one fabric and sometimes on
23,844
another
thing which could safely be regarded as inside the
one
Number of bales reported by Mr. Geo. W. Bond, Special
While foreign governments
sphere of practical politics.
Agent on the Woolen and "Worsted Manufactures, as
being used in connection with wool in mixed fabrics
tariffs hostile to British trade, it was commaking
were
manufactures
that are not commonly sold as specific
94,071 petent to the colonies and the mother country to legislate
of cotton
in each other's interests, and to make tariffs mutually
Total consumption of cotton in textile fabrics in
1,704,954
beneficial. The colonies needed nothing which the mother
census year
These computations are substantially the same as those used country could not supply and there was little, if anyin making the preliminary report.
mother country needed from foreign
In order to verify them a second return has been asked from thing, which the
all the larger cotton factorief, as to the number of bales concountries which she could not obtain from one or other of
sumed in the commercial or cotton year ending' Sept. 1, 1880,
argument was that if the rest of the
from which returns it appears that certain of the Nsrthern mills her colonies. The
which used 704,244 bales in the census year, consumed 716,196 world could do without Great Britain, Great Britain and
points the

;

bales in the cotton year. Certain Southern mills which used
146,384 bales in the census year, consumed 151,510 bales in the
cotton year.
Assuming that these ascertained facts as to the, major part,
establish a rule for the whole, the consumption of cotton
increased in the commercial cotton year ending Sept. 1, 1880, as
compared to the census year, in
1,404,439 to 1,428,270
182,600 to
188,990

Northern mills
Southern mills

1,587,039

1,617,260

23,831
6,390
30,221

her colonies could do without the rest of the world.

The argument, however, has one weak
ability of

The

point.

Great Britain and her colonies to do without the

rest of the

world depends upon the harmonious union of
Without such union

the colonies and the mother country.

the independence above referred to

we

find

is

impossible.

Lord Kimberley, the Secretary

of

Hence

State for the

under Mr. Gladstone, insisting upon this unity.
colonies, he said, were all one people
and the colonists in the Australasias, in the New Dominion,
in South Africa and elsewhere, all looked to England as
colonies

RECAPITULATION.
1,704,954
Computed consumption of the census year
Add computed increase in the cotton year as compared
30,221
to the census year
of the cotton year ending
1880, in all branches of textile manufacture. 1,735,175

Computed consumption

The people of the

;

home. They were all self-governing communities,
and
the energy which was common to them all was being
From the few data that can be obtained, a loose estimate of
cotton used in mattresses and other upholstery, would bring revealed in one enterprise which contemplated the crossing
the total consumption to about 1,750,000 bales in the commercial of
the Dominion territory and the uniting of the Atlantic
year, but the use of cotton in upholstery cannot be (absolutely
and the Pacific by a railroad, and in another by an effort to
determined.
Sept.

1.

In the census year a long strike reduced the consumption of
a considerable number of the New England mills; but, on the
other hand, after these mills had started, the consumption of
the New England mills was reduced in the latter part of the
cotton year by a change from heavy fabrics for export to
lighter weights for home consumption.
In the present commercial year an increased consumption
jaa.y be predicated on the increasing number of spindles in all
sections of the country, and also upon an increasing demand
for heavy fabrics for export.

,

GREAT BRITAIN AND HER COLONIES.
The banquet given on Saturday

their

lay a telegraph line across the Australian continent.

energy and enterprise,

if

enlisted in

united imperial interests, could not
It is noticeable,

so

much

stress

Such

favor of union and

fail to

secure success.

however, that Lord Kimberley did not lay

on the

dividual opinions,

it

tariff question.

did not

become him

Whatever
as a

his in-

member

of a

government committed to the principles of free trade to
say anything which might be interpreted as showing on
his part a leaning towards protection.

There are one or two inferences to be drawn from
Mansion House, to the representatives this meeting in London, and from the sentiment which it
of the colonies seems to have been a brilliant and success- called forth.
We connect it with a growing feeling on
ful afiair.
It was the outgrowth of a happy thought. the part of large sections of the moneyed and mercantile
There happened to be in London a large number of gen- classes that free trade persisted in, in the face of hostile
last

by the Lord Mayor

of London, at the

tlemen, officially or otherwise connected with the colonies.

tariffs

maintained by other nations, will prove ruinous to

The opportunity was deemed favorable for bringing them English manufacturing industries. This feeling, as we
together, and for having a free and friendly interchange know, has become strong in Sheffield and in Birmingham
of thought as to the mutual relations, duties, and respon- and it is doubtful whether Manchester to-day would be
sibilities of the mother country and her many colonies and opposed to the imposition of something like discriminating
dependencies.
The Lord Mayor's banquet was the result. duties on imported goods. There are many indications
Such a gathering is not possible in any other country or that the Tories are prepared, in the event of a suitable opporamong any other people; and the presence of representa- tunity presenting itself, to test the feeling of the country
tives from colonies so widely apart as Tasmania and Brit- on the question of returning, by way of revenge upon the
ish Columbia, as New South Wales and Newfoundland, outside nations, to a modified tariff.
Read in this light,
was suggestive of the magnitude and the grandeur of the we better understand the language of the Lord Mayor.
British empire.
The course which England will take in this matter, will,
It was not unnatural that at such a meeting the speak- of course, depend
very much on the probable action of the
ers should dwell

be common

on the

interests

which are supposed

to

the mother country and to the colonies.
these interests are of course those which are

United States and of France.

We

to

connect the meeting also with that other feeling,
which we have more than once called attention in
identified with trade and commerce. Great Britain is cer- these
columns we mean the feeling in favor of a grand
tainly not to be blamed if she seeks in her
colonies federation of the British possessions.
It is only by
markete for her domestic manufactures. Nor are the such
means that the widely scattered territory can be
Chief

among

to

—

colonies to be regarded as acting unreasonably when
they
seek and expect to find a preference in the markets of
the

kept hold of and that the interests of the different sections can be rendered identical.
No unity such as that

Jolt

Lord Kimberley desiderates can

which
attained

and

;

granted

and

THE (CHRONICLE.

23, 1881.]

is

it

union

federative

a

that

unreasonable

not

with

dependencies

of

take

to

colonies

the

all

for

it

country was

mother

the

otherwise

be

the

which he allowed his hearers to picWe have the less hesitation in disture to themselves.
that the action of England in the one
matters
cussing those
can have no detrimental effect upon
other
the
or
in
matter
kind

union

of

and protection are

relative merits of free trade

The

us.

The

not yet absolutely determined.

settlement of

final

the question depends upon expariments not yet completed.
And as to the matter of federation we can only say that it

seems

to point to the best

moans

of preserving the British

empire and to the general good of the

A nglo-Sa.xon

race.

ptouct;ivij5(CommcvcuagufjUskiTcxus
BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.

91
1S81.

bank

i>o«t bills

C'>iu

and

bullliiu

£

27.B()-:.2().'i

B.I79,!)1>2

tl.<M»I.S:U

27.llO.3H3

2t)..'i38.11l

20.470,770
4.8I4.HI0

2fl.30.'i.7«5
4.7.'>7.n74

n2,H31,Hr>0

22.0(M),38n
17.«73,:>I0
1H,8«2,H;I7

l.-..78!),:i31l

Mt.WM.'Mn

Ifl.-HO.O.V)

21. 108.9-45

18.700,211

1.>,1'2U,432

10.50ij,117

18.'2S8,248
•J0,7e8,887

20.924.402 29,112,322

35,218,6BT

9,328,120

in

both dcpiirtmimts..
Proportion of reserve

4127

5018

2Hi p. o.
101 ig
45s. 4d.

Zisp. e.
U8>i

to lialillUles

Bank

1879.

£

27.5 17.970

Publii- di'posiU

Othrr di^pi>sits
Oovernm't sMuritlcs.
Other securities
^Ofl'veof Hitter A com.

1870.

18.?0.

c

Clroulation.exnludtng

rate

Consols
Eng. wheat, av. price
Mid. Upland eott<m...
No. 40 Muli^ twlKt.

2

22,693,891
Sig p. o.

p. e.

90>4Xd.

1)7'8I
42s. 4(1.
6'sl.

4Hs. Od.
6i-',«d.
03|»d.
65) nd.
O^d.
lo'sd.
1
'Id
0>cd.
Ilear'g-Uoiise return. 133.051,000 119,.'>11,000 93.003.000 101.805.000
44s. 7d.

Tenders were received at the Bank of England on Monday
bills, viz., in bills at three months,
£870,000 do. six months, £055,000. Tenders for bills at three
months at £99 12s. 7d. will receive about 23 per cent above in
full; and for bills at six months at £99 2s. 7d. in full. The
rate of discount for the former is therefore about 1)6 per cent,
and for the latter \.%, per cent per annum.
The half-yearly dividends are now being announced by the
banks and railway companies. The following have already
appeared Union Bank of London, rate of 15 per cent, against
15 per cent London & Westminster, 18 per cent, against 16 per
cent London Joint Stock, 15 per cent, against 15 per cent, and
the Metropolitan Railway, at the rate of 5 per cent per annum,
against 5 per cent.
Tenders were received at the National Bank of Australia on
Tuesday for £977,000, and £388,300 in South Australian Government 4 per cents. They amounted to £2,009,800, at prices
ranging from the ininimum of £102 to £104. Tenders at and
above £102 18s. 6d. received allotments in foil, and those at
£102 183. about 61 per cent of the amount applied for. The
average price obtained was £102 19s. 8d.
Mr. Richard Seyd has published his usual statement showing the failures in the United Kingdom during the first half of
1881.
The number amounted to 6,270, of which 690 are in the
financial, wholesale and manufacturing branches of trade, and
for £1,525,000 in Treasury
;

;

:

MXOHASOE AT LOXDOS-Jnly
On-

Lalett
Date.

July
Short. 121% S12-2!(i
3 mos. Vlk^ al3-4na
3nios. ss-se^a'is-eiu' July

.

Amsten'.aui

Antwerp

Vienna
Hadrid
Oadii

•'

Oenoa

•»

July

V

23-30

.July
.Inly

9 Short.

July

9

"

18-40 ® 18-44
11-82 i^al 1-871-2 July

9

Sijort.

liV-bo

9

3mus.

25-l6

9

Siiort.

47i2a475s

••

25 31

•*

,

•

....

20.50
20-jO
20-50

*'

9

'

47'-2a47'4
25-60 ai25-0.j

1

July

52^»52^

90 diws
Lisbon
Mew York... Deiu.

....

HongKoug..

July
July
July
July
July

ShaDirhal

;july

48-'3S19H

,.
Alexandria..
Calcutta
30 days

U. 7i«l.

Bombay

Is. 7'sd.

....

1210

;

247,83249,8

(1
'*

9 Short.

2.^-31

tt

8t.l'etii»'!)jr.

Kale.

....

IJiily

.

0>l>«iil]ii.i;eu.

rime.

9 Short.
"
9

i2.5o(>i4a25-61M
Brussels ....
Short. 23-27ia»25-35
Paris
3 mos. 2.'i-52'-j»25'ti0
Parte
..
20-07 ® 20-71
Hamburg
M
20-()8 •8 20-72
Berlin
tt
2009 ^20-72
Fnuikfort ..
.

;

\

Rale.

Time.

Amitter(lir.u

EXCHiNOE OK LONDOy.

9.

30 days

4-'3i

97 -a

6 3 mos.
9 4 mos.
"
9

Is. 713i8l
Is. 713i„d,
3,s, nifid.

9
U

.'i3,25fed.

5,580 in retail trade, professional pursuits, builders, publicans,

and amidst the working classes, &c.
The silver market has been decidedly quieter, and the price
of fine bars is now only 51)6d. per ounce, while Mexican dollars

From our own corrospoadeut.
LoNiK«, Saturday, July 9, 1881.
The money market presents % very easy appearance, but no have fallen to 50'Md. per ounce.
change has been made by the directors of the Bank of England
The following are the current rates of discount at the princiMoney ia the open market is obtain- pal foreign centres
JO.' their rates of discount.
Sank
Open
Bank
Open
able at 1)^ per cent, and the discount houses have announced a
nifirkel
rate.
market.
rate.
decline in their rates of interest for deposits to 1^ and 1^ per
Pr. ct.
Pr. et.
Pr. ct.
Pr. ct.
6
St. Petersburg...
3>a
cent for call and deposit money respectively. This week's Bank Paris
4'2
Geneva
Amsterdam
3
25s
338
return shows large changes, but they are due to the period of Brussels
Madrid, Cadiz &
3>a
5
4
Barcelona ...
4
Genoa
4
relative
position
the year, and the
of the Bank is not much Berlin
3-4
5
Lisbon & Oporto.
4
4
3>9
Copouhiigen
3^29 1
changed, the proportion of reserve to liabilities being 44'27 per Hamburg
3-%
Bombay
4
Frankfort...
1

I

:

.

cent, against 14'11 per cent last week. The payment of the
dividends on the public funds has ciussd the total of " public
deposits " to decline to the extent of £2,306,065
but the Bank
;

has been repaid loans, &c., to the amount of £1,920,103. There
is an increase in the note circulation of £593,930, and a decrea.se
of £310,517 in the stock of bullion, the result being that th-i
total reserve has fallen ofif to the extent of £904,447.
Next
week's return will, no doubt, show changes of a more regular
character, and may justify the general expeetation of a reduction in the

Bank

rate.

The

trade demand for

money continues

Tery moderate, and the prospect of any material increase in it
seems to be as distant as ever. The total of "other securities"
18, indeed, as much as £21,108,985, which compares with only
£18,700,241 in 1880 but the increase is attributable to loans
to the Stock Exchange, and not to an improved inquiry for
money for commercial purposes. Tha present rates for money
are as follows
Per cent. Open market rates—
Per nenl.
2i8
Bank rate
4 months' bank bills
lijai^

4

Vienna

The Board of Trade
ended June

30,

returns for June, and for the six months

have been published this week, and they show
There is a large decrease in the

fairiy satisfactory results.

imports, but an increase in the exports.
totals

The rates of
main unchanged
rates )i per cent.

4

umnths' b.-»nk bills
Ii>a3l\
U months' trade bills. 2 3 J

,&

by the joint-stock banks rebut the discount houses have lowered their

interest allowed
;

The quotations are

aa follows

£27.763.730

June

Impoi-tsin 6 months

Per cent.
Joint-stock banks
Discount liousos at call

do

Annexed

with 7or 14 days'

II3
'.'..'.....'.'.".'.

uoticfl of

withdrawal.

.'.!.'.'..

I'-t

1>3

a statement showing the present position of the
Bank of England, the Bank rate of disejaat, thj price of consols, the average quotation for Eaglish wheat, the prica of
middling upland cotton, of No. 40 mule t*ist, fair second
quality,

is

and the Bankers' Clearing
with the three previous years.

Houie

return,

compare 3

210,700,733
18.402,881
107.633.736

172,641.7-/3

ll.533,.'>10
Kxports In June
88,326.493
Exports in 6 months
The following figures relate to the six

1881.

£30,865,882
198,313,636
18.804,097
109,308,473

months ended June

30:
IMPORTS.
1379.
7,532,165

Cotton

cwt.

Cotton

cwt.

835.727

lbs.

113,.'J50,60O

1880.
8,232.456

1831.
9,003.267

EXPORTS.
1*80.
1.003.270
93.914,300

1870.

Cottonyarn

Cotton piece goods. ...yaras.l,714,561,30J 2,061 ,007,.'500
•2,0:>1,99.^
1,213,8^8
tons.
Iron and steel.
Iba.
9,373,100
7,S33,900
Linen yarn
90.992,300
yards.
32,433,200
Linen pieie goods
85,991,100
77.'.i51,200
Jute manufactures... yards.
915,139
£
849,558
Silk manufactures
lbs.
3,442.000
12.711,800
Britisli wool
143,113,313
Colonial and foreign wool.lbs. 130,772,000

Woolcnyarn
Woolen cloths

Ib.s.

1»,71C.20;)

yanls.
yards.
Biank.!t3& bl.ankctiug.yds.
yards.
Flannels
yards.
Carpets

20,057.400
91,160.800
2,462.300

Woi-sted

:

1830.
£37.4.17,693

1879.
I nports in

;

Oppuniarket rates—
30 and 60 days' bills
3 mouths' bills

The following are the

:

stnflSi

14..VJ9,300

2l,950.SOO

2.'277,'20J

10.>,8S1.600
3.09'!,100
2.tl9,9(K)

'2,823,800

4,143,000

The following have been the movements
month and six months ended Jnne 30

1881.

993.130
122.831.800
2,'339,8 13,800
1,7-28.207

8,972,700
84,454,600
91,509.600
1,1'28,234

6.051,400
131.416,785
r2.408,700
23.693.200
9i,756.300
2,612,600
3,114,300
3,895.100

in bullion for the

:

COLD.

Lnporti in June
Importsiu 6 mouths
Export.s in

Exiwrtain

1379.

18 ?0.

1891.

1.610.733

799.912
2,970.330
341.076
3,236.027

^^^-iSS
5.631,786
871,878
6,3S*,385

...

8,910,.5.56

June
months...

4.597.638

641,390

THE CHRONICLE.

92

l'S?&f
6,340.9i8

i^fUll
^-rii'Sii

3 716'7?5

g^SJglS-'e-lSontus::::

er^^fo

4.?#;il2

4.?f6:Il3

56975-

TOTAL GOLD AXD SILVER.
in

June

illlJJrt^la emoutiiiV.-.V.

The

,?•«*?•?§?

«'oS?'?fi?

lHHn

10.597.718

7.459,961

10,561,368

following' were the quantities of cotton

piece goods exported in June, compared
ponding month in the two preceding years
Fjrmrtrd lo—

aJ^y

S^""--"-"-V^.^:K^6^i^U.A^.

corres-

1879.
Yards.
4.193,200

1880.
Tards.
5.135,400

1881.
Yards.
3,323,200

i:iil:i^

4.|51.500

ISSS
4,043.200

Sr

782,000
3.7S4.800
31,061.000
13,081,600
3,297,200
4,202,900

146.600
1.510.300
33,588.700
7,860,200

(NewGranada)

2,9.i3.100

'

14,660.200
3,189,600
718.300
26,031,900
3,198,200
6.475,200
1,60^,800
1.219.200
1, J 96,500
1,356,000

2.610.200
14,365,000
3,824,800
5,614,500
8,072,100
241,800
30,857,500
3,345,500
7,152,700
3,726,600
2,790,900
2,635,600
3,406,500

4,976,100
14,835,200
3,056,800
7,899,400
8,899.600
1,727,900
48,924,600
3,152.300
6,984,800
5,071,500
1,646,200
2,370,400
3,747,800

2,962,300

4,043,600

3,119,o00

Turkev

B„„t

^

.

Wvax Cuxxiioi liiciia.'.'.'Uiifted States

Forei^i West Indies
MexlTO. ....'.
United Stiues of Colombia
Brazil

"

Unuruav

1 o66,.''.00
3.2.->1.600

ArKcnu'uo KcpubUo
Chili

..'."'

Peru

CWna and Houg Kong
Janan
juVa
PliilippVucI^nds
Gibraltiir

Malta
Britisb Nortb America
British WcdC India Islands

4,291.200'
6,678,800
5,113,700
1,747,100

7,3.'i9,.500

5,092,200

s,

Guiana
British Foesessions in South
Africa
British India—

^

^

_^

2,390,300

1,958,100

1,920,000

19,891,400
3.332,300
57,903,500
7,713,000
2,191,000
5,318,200
21,323,400

31,956,900
6,129,500
79,833,100
5,137,800
2,147,100
8,190,700
23,397,800

30,9ol.300
7,248,200
71,277.100
10,979,200
1,660,400
10,584,600
24,322,300

Total unbleached or bleached 185,910.800
76,660,000
Total printed.il.ved.or colored
Total mixed materials, cotton
predumiuating
1,071,000

219.823,300
109,785,800

237,159,600
108,053,600

2,239,400

2,517,500

331,863,500

367,730,700

Bombay
Madras
Bengal
Straits Settlements

Cevlon
Australia
Other countries

Grand

„

263,641,800

total

1879.

1830.

£

and patent net
Hosiery

liace

and socks.. doz.prs.
Otherkinds
S,

103,681

135,330

116.327

1,049,850

1,224,309

1,284,708

StocR's

Thread for sewing

lbs.

Beans
Indian
Flour

but on Tuesday night there was a sharp thunder storm over the
kingdom, and since then the temperature has been much lower,
and a moderate quantity of rain has fallen. The crops are
making steady progress, and there is now much less danger of
the pastures being dried up. The wheat trade has been ei«eedingly quiet, and the tendency of prices has been in favor of
buyers, though not to any important extent. The hop crop
promises to be abundant.
During the week ended July 2 the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to only 19,371 quarters, against 21,471 quarters last
year and 34,904 quarters in 1879 ; while it is computed that in
the whole kingdom they were 77,500 quarters, against 86,000
quarters and 140,000 quarters in 1880 and 1879 respectively.
Since harvest the sales in the 150 principal markets have

amounted

to 1,532,935 quarters, against 1,297,175 quarters in

the corresponding period of

last season and 2,349,370 quarters
the estimate for the whole kingdom being 6,131,740
quarters, against 5,228,800 qrs. and 9,401,480 qrs. in the two
previous seasons respectively. Without reckoning the supplies
of produce furnished ex-granary at the commencement of the
season, it is estimated that the following quantities of
wheat

in-1878-9

and

;

flour

harvest.

have been placed upon the British markets since
visible supply of wheat in the United States is

The

also given

1880-1.

_^

Imports of
Bales

of

pradaoe

flour

10,903.030

home-grown
...26, 570,000

22,653,168

1878-9.
41,440,287

7712,549
40,739,750

1877-8
48 348 32''
7 ,*,'",•• i.^

MmIS

30,303,300

84,868,822

79,654,854

88,270,274 85,019,576

48.313.322
12.335.539
10,176,468
1.522.930
2,598,955
30,896.620
7,290,412

1877-78.

1,200,303

1,500,381

1,445,455

89.391
80.575
61,678
557,330
166,443

92,304

101,381
13,887
19,230
219.672
76.503

EZI•OBTS.

Wheat

...owt. 1,090,252

Oats
Peas
Beans
Indian oom...

.'.'.'.'.'.'.'.

.54,969

692.237
43..-irt7

2iT.;)-.3

in.?01

Flour

21,1.56

13,223

430,611
121,931

The following return shfws the extent of the imports of
wheat and flour into the United Kingdom during the first ten
months of the season compared with the three previous
seasons

WHEAT.
Cwt.
From—
1,287.113
Russia
United States. ...31,516,613
Brit. N. America 2,443,722

1,010,362
332.1
1,009,156
Egypt
Briti.sh India.... 4,323.611
3,166,50i>
Australia
81,143
Other countries.-

Chili

Turkcj",

(

272 202

2.260
1.963,150
1.862,410

156.317
479.760
624,765

2,031.695

1,527,522

1,158,301

47,610,616

39,785,583

46,798,449

3,6 :i7 617

11.031

>

45,751,399

Total

1,44-^,276

7,127,850
25,152,524
3.024.277
5,325,371
61,103
182,596
215,035
505.065
3,746,074

7,623.325
23,300,636
2.121,323

30,602,932
3,230,140
2,201,695
6,143

H

&c

Cwt.

del.

Cirt.

4.14)f.333

514,731
3,19>

Genu.iny
France

1377-78

137S-7?.

1879-30.

1880-31.

FLOUR.

From—

del.
1,2.50,368

Cwt.

Ciet.

729,407
280,010

780,935

915,075
208,799
France
United States. ... 7,313, 106
347,811
Brit. N. America
Other coimtrics.. 1,858,190

235,865
5,914,519
307,21
1,433,129

10,673,231

8,721,719

Germany

1877-78.

1873-79.

1879-80.

Ctcl.

271. s51
1.780.9 iO

839,341
2,816.634
298.225
1,992,057

7,521,261

•,216,625

4,4.50.076

The following is an estimate, compiled from offli-ial sources*
of the value of our importations of cereal produce into the
United Kingdom during the first ten months tf the season,
from September

to June, inclusive:

£24.165,711
4,150,253
2,995.535
833.462
843,903
Beaus
8,634.202
Indian com..
8,558,371
Floar

£27,819.817
5,302,398
4,287.580
723.864
917,673
7.434.' 45
7,296.065

£19.546.103
3,689,207
3,107,U.<
522,215
517,690
7.931,114
5,922,912

£50.203,114

£53,812,312

£11,256,356

Wheat

Barley
Oats
Peas

-

Total-...

our imports of cereals this season
about £3,600,000 less than in the previous season.

The

cost of

EusHhU

1877-8.

1878-9.

1879-80.

1880-1.

£23.4)6.836
5.123.236
3.630,317
627,576
939.365
9.631.933
6,602,311

£55,067,109
is

therefore

.narket Keport»— Per Cable.

daily closing quotations for securities, &c., at London,
and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending July 22:

The

London.

Sat.

Mon.

Tues.

Wed.

Th urs.

Fri.

51I4
5138
513a
51' 16
d.\ 51
Silver, per oi
1011,6 1011,6 lOllis
lOlSin 1015,, 101>4
Consols for money
lOliig
lOUia 101-18 1015,8 101»,8 1011,0 35-15
Consols for account
33-40
85-45
3310 85-30
Fr'ch rentes (in Paris) tr.j
IOII3
101% 101 "a
10413
104 «l
U. 8. Ssext'n'd iuto3'2S
ll7>a
117'4
1171a
117%
117%
117%
U. 8. 4ias of 1891
119\ 119\ 119% 119% 119% 119%
U. 8. 4s of 1907
4413
4414
1438
44»s
43-8
4458
Erie, common stock- .
1 42%
142
14')%
144>3
143
143
''liuois Central
66
66
66
OS's
66
66H
14
Pennsylvania
13
3038
30
2978
301*
30%
30
Phibulelphia & Roadiu;
147%
117»9
147ifl
117%
1471?
147
New Yrtrb Central
!

Sal.

Liverpool.

Flour (ex. State .100
.

Wheat, No. l,wh.

"

Si>rinK, So. 2...

"

lb.

"
Winter. West ,n.
"
Cal. white
Com. mix. .W. new "
Pork, West, mess ^ bbl
Bacon, long clear, c^vt..
Beef, pr. mess, new.l^to
Lard, prime West. $ cwt
Cheese. Am. choice, new
. .

Jfon.

5

41H«
73
13

6

90
39
55

O
O

Thurs.

Fri.

t.

d.

:

d.

«.

d.

12

3

12

3

8

9

8

5

9
9

3
8
5

12

9
9

9

9

9

9 9

9

5

9 5
4 11
73 O
44

d.

12

7

9

Wed.

3

s.

3

9

9 4
9 9

Tius.

9 7
9 4

rf.

12

«

1879-80.
49,533,370
8,829 862

S^'O^L^OO 89,892,536 ^iiSIiiSJL
DedS^eii^ns"-o/''"^°''''
wheal and flour
1,222,050
1,366,746
1.622,312
1.522.453
»s*'»>»

com

:

„ of, wheat.cwt.48,6l7,84S
,.
Import*,

1878-79.
11,440.237
9,352,713
9,719,539
1,462,186
1,470,263
31,339,699
7.712,349

1879-30.
49,533.370
11.757.379
12.322.675
1,818,530
2.384.074
29.69-!.596 24,782,586
10,1103,030
8,829,362
SI.

...owt.48,617,S48
10,145.315
8.660,827
2.120,902
2.145.150

Wheat
Barley
Oats
Peas

vix,,

The weather during the week has been favorable tor the growing crops. On Monday and Tuesday the heat was oppressive,

bOs. 9X.

4,612,433

IMPORTS.

1880

Total

1881.

408. 7d.

12,184,153

seasons

1880-81.

Other manufactures of cotton show as follows:

46s. 6d.

11,000,000

The following return shows the extent of the imports and
exports of cereal produce into, and the exports from, the United
Kingdom during the first forty-five weeks of the season, compared with the corresponding period in the three previous

6.358.200

1,099,600
2.073.000
27,270.200
7,001,400
3,142.100
2,639,100
.^046.200
1,451,800

Austrian Territories"
^*"™"'* "ill!.
firScc
'.""

433. 2d.
wheat for sea.son (qr.)
Visible supply of wheat
in the U. 8.... bush. 16,400.000

manufactured

with the

1377-3

1378-9.

Ar'ge price of Enslish

1881.

1880.

rmportelnJune
Importsiu 6 niontUs....

Imports

1379-80.

1S30-1.

BILTEE.
1879.

XXXIIL

[Vol.

9

9 5
4IIH1
73
43 6
90
58
54

9
6

411
73
44

90
53
54

90
6

33

54

9 6
9 9
9 5
4 11
•3

9 7
9 10

9 3
Ill's
73

JuLT

THE CHRONICLE.

98, 1881.)

(ggmmcvctalautll^Xi sccUattcausJlLcuTS.
NiTioKAL Bjixkb OaoAXUBD.— The following-named national
banks were orfranized this week:
a,DiO-Tlic First Natioiml

Haiilc

$.V),(>(>0; paiiliii

ilcnt; K.

2,B11-Tlif Simtli

f:

f

•

liiidgtt. III.
AutliQiizoiI oai>lt«l,
Ml
Nathaniel B. Uuuld, Pre«l•

'

I'. Itii'li

Casliiur.

I

riiolilo N

ilorailo.

<

-J i.rjOO.
i.iiu:
(lent; IH'loK L. Iloliliii. (a hliT.
^atl..iKil
i; ink iif
M.lr..!..
Till
2,542—
"I: iiaiil-liK
imid

*."iO,(MM);

Aiitliorizod cniiltnl,

lllrum L. Uolden, Prc«l-

III

Authorized
Joseph F.Larkln,

rinclnnnti, O.
I

KM).

Do Can

K.

Y. Authorized c«plOcitU Prince, PrcstPiuyii. ta.-. ImT,
t
ank
LlTCrpool,
Ohio. Authorized
af
H;
ICiWt
Nation
Potter's
2,5-U—The
$SO.r
paid In laiiltal, $50,000. Wm. Brunt, Jr.,
puintal, $S0.000;
caintal,
"
(
ashler.
Kftclicl,
P.
D.
President:
2,5-l3-ll

V.
I liaiik of
iiaid'in rail! t.ii. 4>ju,uuO.
I

.f.'.0.(lClO;

t«l,

dent

Iivliii; L.

;

.

IxpoRTB AHD Exports for thb Wbbk.— The imports of 1 st
week, compared with those <if the preceding week, show
an increase in both dry goods and gent»ral merchandise.
The total import.s were |!>,270,7J1, against $7,205,138 the preceding week and $7,676,266 two weefe previous. The exports
for the week endeid July 13 arananted to $7,369,831, against
$6,360,923 last week and Ji7,0r)!',ri49 two weeks previous. The
following are the imports at >'>'W York for the week ending
(for dry goods) .Inly 14 and for the week ending (for general
merchandise) Julj* 15; also totals since January 1:
FOREION IMPORTS VT iTOW YORK.
For Week.

1878.

Dry Goods

4.57-',20!J

3,-".>.).903

$5,940,340

$7,533,843

$9,938,389

$9,276,721

*lt.533,239
117,244,974

.?(47,3S1.769

$70,347,72,1

$.57,499,300

123,402.710

212,878,007

173,599,283

$2.y5.").7.>9

6,320,9ti2

1.

Dry Goods
Qen'l mer'diso.
Total

1881,

$2,797,189
7,191,200

Gon'lmer'dlse.
Total
Since Jan.

1830.

1879.
$2.-':H,040

$1,364,04.2

*li\3,77«.213 *170.7S4,47S) $283,223,732 $231,098,643

.

In our report of the dry goods trade will be found the imports
of dry goods for one weoK 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 19, and from January 1 to date:

NEW TORK FOR THB WEEK.

KXPORTS FROM

Prev. reported..
Total s'ce Jan.

1

1830.

1879.

1873.

For the week...

«7.018,127
182,575,688

1881,

$8,915,703
213,143,480

$6,748,315
109,778,614

$7,309,831
200,523,874

$189,593,815;$176,.32ii,929 *222,0j9,189 $213,893,705

The following table shows the exports and imports of specie
at the port of New York for the week ending July 16 and since
January 1, 18S1:
EXPORTS XSD IMPORTS OK SPKCIB AT NEW TORK.

93

Tnstallmenta on daferred income bondn,
1, of 1441,058,
aroonnting to $192 were paid during the month, making tht*
total amount on hand from this souree, June 1, 276,568. The
balance on hand in treasury of Philad'-lphia & Reading Coal &
Iron Company June 1 was $84,211, including balance on hand
May 2, having been $1,269,808, and the payments $1,285,092.
—T\m North Amerienn says: "President Bond'a plans for
the financial reorganization of the Reading are expected in •
few days. They have been delayed by the advisabihty of waiting till the figures of the company's June business were readr,
in order to get a comprehensive view of the operations of tne
first half of the year."

Jnne

Scioto Yalley.— The bonds and stock of this company have
been placed on the Stock Exchange as follows 8cioto Valley
Railway Company's first mortgage consolidated 7 per cent
bonds to the amount of $2,100,000 and 12,500,000 of the capital
stock of the same company. The capital is made up of $2,100,000 original issue, $100,000 outstanding scrip certificates and
$300,000 in the company's treasury. The bonds are to ran
thirty years from July, 1880, and consist of $1,294,000 held in
trtust by the Central Trust Company to retire that amount of
first mortgage bonds at par, and $203,000 held in trust by same
company to retire a like amotint of second moptgage bonds at
70 per cent ; also, |6')3,000 of outstanding bonds and $50,000 in
the company's treasury.
The following is from the report submitted to the Exchange:
"The company was organized in the spring of 1875, and its
road extends from Columbus, Ohio, to Portsmouth, Ohio, thence
up the Ohio River to a point two miles above Ironton, where it
connects with the Chesapeake & Ohio Railroad. The road is
132 miles long completed and in operation, of standard gauge,
iron rails. Its equipment consists of 12 engines, 10 passenger
The floating liabilities do not
coaches and 300 trafiic cars.
exceed $50,000, to meet which the companj''s revenues are
There are
ample.
Its assets in hand exceed all liabilities.
5C,00O shares of stock, par value $60. The Scioto Valley Railway is the only western all-rail connection the Chesapeake &
At the Ironton Junction the cars are transOhio Road has.
ferred by boat, avoiding all handling or trans-shipment of
freight. The gross earnings in June last year were $27,894,
against $38,239 for June, 1881. The total bonded debt per mile
is $16,000, and its stock debt about the same."
:

is expected that the Jnlesburg & Denver
Union PaciGc Railway will be completed by September 1. The line is 155 miles long and will shorten the distance
lietween Omaha and Denver abont sixty miles.

Union Paclflc—It

line of the

Utah & Northern,—This narrow gauge road has ju?t been
completed to Melrose, in Montana Territory, 377 miles from.
Ogden.

Wabash St. liOnis & Paclflc—Pennsylvania—New Jersey
Central.—The Pennsylvania Railroad Company has just been
informed by the officers of the Wabash and New Jersey Central

&

railroads of their approval of the use of the Philadelphia
Erie and Allegheny valley roads as portions of the Wabash
system. Work on the connection be'.ween Red Bank in tha

Allegheny Valluy and Youngstown, Ohio, has been begun.
Exporls.

Imports.

Gold.

Week.

Siiue Jan.

Great Britain

]

Week.

$56,260

I'ranoe

Germany

2.000
2.000

West Indies
Mexico

45,034
1,4.'>0

South .Vmerlca

5,("i<>

All other countries.
Total 1881.
Total 1880.
Total 1879.

10,9001

165.630
60,017

$15,900

$235,933
2,088,887
1,932,619

$138,100

$3,858,945
29,650
120,609
10,204

Sinee Jan.

18,580

2,639,641
4,731,450
347,20i
160.873
290,368
103,151

$65,114 $28,298,968
16,90-1
1,908,380
31,'27l
729,099

SUver.

Great Britain
Fronee
Gernniny

...

We«t Imlles
Mexiio
Bouth America

24,337
22,780

All other ooontrius.

Total 1881.
Total 1880.
Total 1879.

$138.10"
48.-'

I

:

157. .OIJ-

^>:.rt6fi,525
J,-l'i4,8Bl
'.',541,355

BANKING AND FINANCIAL.

1

.$20,0'20,221

$347

$121,066

32,086
37,499
2,472

19,585
60,389
467,867
895,059
99,172
11,985

$72,404' $1,675,123
149,743
3,091,022
205,9391
5,210,604

BANKING DEPARTMENT.
& Hatch, No.

5 Nassau Street, *
NEW York, July 7, 1881.
i
In nnsTvcr to nnmeroiw letters of inquiry as to the terms on which we
receive deposit accounts of banks, bankers, business flrma and individuals, we issue this circular for the Koneral information of those who
may desire to open accovmts with a private' banking house in this city.
Wo are prepared, on the terms mentioned below, to receive the
accounts of responsible parties In good standing.
1 Except in case of banks, savings banks, or other well-known corporations, or of Individuals or firms whose character and standing are

Office op Fisk

.

already known to us, we require satisfactory references before openlnK
an account.
2. Wo allow interest at the rate of 3 per cent per annum on the average monthly balances when the same amount to $1,000 or over. On
acoouuts averaging less than $1,000 for the month we allow no interest,
3. Wo render accounts current, and credit interest ns above, on the

day of each month.
For parties keeping regular deposit accounts with us wc collect and
credit United States, railroad and other coupons and dividends payable
in this city, without charge make careful inquiiies and give the beet
information wo can obtain respcctiug investments or other matters Of
financial interest to them and Li general servo their interests la any
way in which we can be of use to thom in our line of business.
5. We do not discount or buy commercial paper, but are at all times
prepared to make advaTucs to customers and correspoudents on U. 8.
bonds or other flrst-olass and marketable securities.
last
4.

Of the above imports for the week in 1881, |58,418 were
American gold coin and $34,55'H American silver coin. Of the
exports for the same time if 15,'J0() were American gold coin.

Boston Finances.—The annual report of the City Auditor of
Boston shows that the net debt of the city last April was
126,005,620, a reduction of over .f 1,500,000 since the previous
report.
For the first time in twelve years, it is hoped that the
rate of taxation will be materially reduced."

Oregon PaciDc— The Oregon Pacific expects to have 130
miles in operation by next January, and will be an active rival
of the Oregon Navigation Company, even before it meets the
Union Paciflc and the Northwestern at Boise City.— Boston
Adcertisur.

PhiLidplphia

& nendlng,— fx-orge

M. Dallas, Esq., has

filed

with the clerk of the ITnite.l .States Circuit Court his twentythird report, showing that the balance on hand in the treasury
of the railroad company May 2 was 1248,423, the reeeipts
during the month from tolls, merchandise, traffic, &c., $i,6.')0,001 ; the disbursements, $2,358,206, leaving a balance on hand

;

;

0. All depoalte arc subject to

check at sight without notice.

One of our Arm Is a member of the New York Stock E.xchange, and we
give particular attention to orders by mall, telegraph or in person for
tlie purchase or sale of Bonds and Stocks on Commission.
We continue to buy and sell direct, without comnit.i<8lon, all lasnea and
denominations of United States Bonds for Immediate dclivety at current
market nites. and make exchanges for National Bauks In the Banking
Department

Our

"

at Washington, without trouble to

them.

Memoranda Concerning Govorumeut Bonds"

paid on application.

will 1)0 sent poat-

^^^^ ^ HATCH.

[Vol. XXilll.

THE CHRONICLE.

94

S4%m

-^==

^oTVTIb

"^

The following dlvidenda have

Same

ends:

recently beep ai.nonncefl:

of Company.

Per

When

cent.

Payable,

Books Closed.
(Days inclusive.)

Railroad*.
Bald Eagle Valley
Boston & N. Y. Air-Line, pref ..
Terre Haute & Indianapolis ....
Wab. 8t. L. & Fae. (yuar.), pref.

BaDk<.

3

German-Amcrieau
Pacific (qunr.)

In»arance.

Aug.
Aug.

July 24 to Aug.

g.

1 to

20

313

Do

com

On dem

50 ct8. Aug.
$1 Aug.

pref
Louisville (Jincinnat i

11.
II.

Lexinftoii dividend. puOlJKlifd
Kr.TK-The
should have been on pref. stuck, not on com
in the CBRONKXE of July 1 9,
»I, lSSl-3 P. M.
YORK, FKIDAY,

Tlie

&

JULY

NEW

Money Market and Financial Sitnation— While

money market has grown

easier,

The

,.„,.,..,
r
York Board have been as follows:

.-iioo.OOO.OOO.

11

,,

closing tjrices at the I^ew

1

••.

iTjfBccllaneous.

about

Aug. 15

dera
1 July 26 to July 31
Aug.

5

Sobuylkill Navigation,
'

Aug. 10 to

On

Continental
Exchange Fire

Lamar

Au

Aug.
Aug.
Aug.

sterling, 4
85 for deinand,
for bankers' prime sixty dajs'
and cable transfers, 4 85 ^@4 85>^.
United States Bonds.— The business in government bonds has
been rather inactive, compared with t_he Jarge dealings a few
Of the 5 and 6 per cent bonds, about ?o77,000,000
weeks ago
been
have been continued at 3% per cent. All which have not
and before
continued have been called, and are to ba paid on
The amount thus to be paid was at the beginning of
October 1
probably be
July about $59,000,000, and at the end of July will

the
the stock market has devel-

than
oped a more decided tendency towards weakness
difficult for
been s-een for some months past. It is always
influences
operators to separate the long and the immediate
between
bearing upon the values of stockB, and to distinguish
as a^perthe causes which will affect the price of a certain stock
manent investment, and those which may put its price up or down
to the actual
ten points within a few days, without much regard
to be
value of the property. At the present moment there seems
railroad
a double uncertainty, and the crop prospects and future
earnings are as much discussed on the one hand, as the probable
movements of the great operators and the possible strength of
the numerous outside holders are talked of on the other.
lias

continued at 3^.
reg.
58,1881
reg.
4ifla, 1891
coup.
iisB. 1891
reg,
is, 1907
coup
48, 1907
6b, our'oy, 1895. .reg,
6e, cur'cy, 1896. .reg.
68, cur'oy, 1897. .reg.
68, cur'cy, 1898. .reg.
6b, our'oy, 1899.. reg,
no saU was made.
* ThiB is the price bid at the morning Uoard
The range in prices since Jan. 1, 1881. and the amount of
each class of bonds outstanding July 1. 1881. were as follows:

68,

:

ITanffe since

6s. can. lit 3>268, 1881. ...cp
5s, 1881.... cp.
412S, 1891. .cp
4s, 1907.. -.cp

es.ciu'ncy.rcj

Jan.

1,

1881.

Bighest.

IO214 July 20

104% May 28

lomJan.
100>4
lllig
11238
127>i

3 loo's
Feb. 24 lO.j

Amonnt

.July 1, 1881.

Coupon.

Registered.

Lowest.

May 20
May 26

Mar. 10 116'aM.ay 31
Jan. 3 llSSftJune 3
Feb. 28 130 Apr. 23

155,438,850
321,104,900
178,559,500
540,327,950
64.023.512

40,251.550
118,040,450
71,440,500
198,331,050

principal
State and Railroad Bonds.— In State bonds the
consols.
transactions have been in Tennessees and Louisiana
Tennessees are weaker, and it is uncertain now whether the
The
As to the long value of stocks, there is of course, strictly speak- Governor will convene the Supreme Court to pass on the Fundthe
December,
ing, only one consideration, and that is, the capacity of
ing law if he does not, the Court wi 1 not meet till
But that capacity
proceed.
respective comnanies to earn dividends.
in the meantime the Funding IBoard will not
and
depends on numerous questions, and taking a practical view of Louisiana bonds are strong at 68 and in demand for NewLegislature to
the present situation, we should draw the following conclusions
Orleans account they talk of getting the next
as
per cent bond.
1. l%at there is no such decrease in the grain crop this year
offer a new bond on better terms,- possibly a 5
with prices
to seriously affect railroad earnings a few roads in special
Railroad bonds have been less active than usual,
2. As to the competition from
the weaklocalities may lose some business.
well sustained, except where they were influenced by
new lines now building, it is apparent that in time it muft be ness in stocks.
^
,,
,.
.
severe ; but few of the important new roads can be completed
Messrs. A. H. Muller & Son, sold the following at auction:
Jionds.
and in operation as active competitors before May, 1882, at the
Sfmres.
1,400 Wab. & West. RR. 6 p.
ir.213
3. As to rates, it would appear that there is little
earliest.
80 Union Ferry Co
ct. ctfs. for coups, from 2d
16714
50 Citizens' Fire Ins
ground for cutting on east-bound freight rates, since the ton106
luort. bonds
114
15 Second Ave RR
nage is heavy, and when the managers are ready for it, a patchT0I.& Wab.RR.O p.c.ctfs.
350
65
Ins
10 New York City
105 13
lids.
2d
M.
from
for coups,
ing-up of the trunk line difficulties is more probable than a long
SO Merchants' Nat. Bk.l38®137i4
875 Dec. <fc E. St. L. RR. ctfs.
105
100 New York G.islifjht
continuance of hostilities.
ct.
7
p.
fur coupnns,fi-om
122
Chatham Nat. Bank
It was said of Commodore Vanderbilt that as a railroad presi- 200
110
sinij fd. bds
31 American Exch. Nat. Bk.l30
dent he was never known to bear his own stocks, and that on
500 Citizens' Fire Insurance
3 Clinton Hall .^ssociat'u.. 54
scrip
83
fund
reserved
in
100
had
Stcanisbip
this simple fact rested the confidence which the public
20 Old Dominion
4,000 City & Co.of S. Francishim as a railroad manager. If this was true of the Commodore, 100 Mt. Carlion Rolling Mill. 1
co 6s. coup., due '88.100ia&int.
8
he was so remarkable among the railroad kings that we might
5,833 Va. def.sciip (Oiang.:)
Ponds.
6,500 Town of Southlield,
well apply to him the quotation, " He sat upon his throne a $6,000 State of Missouri (Pac.
Richni'nd Co., N.Y., 76.due
RR.) Cs. due 1886 <fe 1887.11014
sceptred hermit, grand, gloomy and peeuliar.-wrapped in the
Aug.,1874,
.>.ug. 1.1881.
3,000 St.ite of Missouri (No.
0I4
sohtnde of his own originality."
coupons on
Mo RR.) 66, due ^86 & '87.110
appears
As to the money market, the main question is whether we are
market
Railroad and Miscellaneons Stocks.-The
likely to have any stringency in the fall and winter months— say
the great deto be in a condition of uncertainty as to whether
from October forward. It is plain that the market has been sup- cline has already taken place or whether it is yet to come.
plied with about $150,000,000 gold and silver in a year, includprices of this
Parties who bought stocks at or near the best
ing the imports and the net amount of home production and if
month or June, and are yet carrying them, probably feel as it
conthe additions are not kept up, will money become scarce? There
the decline had already come, while the shorts are ecjualb'
w at present every indication that the sapply may be kept up.
Going back a
fident in claiming that the market will go lower.
This week money has been very easy, and time loans for sixty
leading
month' and taking the best prices of June on some ol the
days on government collaterals have been made at 2^ per cent,
with the lowest
stocks, we find that they compare as follows
while money for the balance of the year has been loaned at 3
touched this week.
Lowest
Highest
per cent.
On call loans the rates have been 2@4 per cent, point
iMwesl
Highest
in June, th is trcck
according to the collaterals. Prime commercial paper of two to
in .June, this week
97
62''8 Michigan Central. 114~>
79ie
Southern.
Canada
four months is quoted at 3@4^ per cent.
44^
53%
OaU Mo. Kan. & Tei:
N.J... 10438
ll^^e
The Bank of England statement on Thursday .showed a Centialof
"'^"e N. Y.Cent. &IIud 151»8
Central P.acific. 102''8
106
11313
Elevated...
decrease of £57,000 in specie for the week, and the per- Chicago Burl. &Q 171
N. Y.
154
42i3
IIOI2 N. Y. L. E.&. \Ve9t. 5014
centage of reserve to liabifities is 45>6, against 44 15-16 last Chic. Mil. & St. P. 129 14
:«^
129% N. Y. Out. & West. 38'6
do pf. 135%
Do
week; the discount rate rt- mains unchanged at 2/^ per cent. The
39^8
Northern Pacinc. 46
122
13238
^C^s
Bank of France gained 350,000 francs gold and 1,087,000 Chic.Do&Northw..
pf.
881s
do
138
pf. 144
5712
II8I2 Phil. & Reading.. 62
francs silver. Last week (July 16) the figures given in this col- Del.Lack.A West. 12834
o9
Tex.'i«& Pacitic. 73=8
90
umn as an increase should have been stated as a decrease of Haiinlb.il.feSt.J. 93
125i8
... 1303s
Pacific.
Union
12068
134
14
Lake Shore
14,900,000 francs gold and 1,175,000 francs silver.
54%
60
L.&Pac.
H'Sia Wab.St.
Nash 10913
do pf. 9579
The last statement of the New York City Clearing-House Louisville&
do
|9^
IT'S
SO^s
Manhattan
SS^a
94
Tel..
Union
-8413 West.
banks, issued July 16, showed an increase in the surplus above Metiopol. Elev... 98
..
„--„,
i,„,1 on
.^r, T.ioa
uesreached
1
generally
was
legal reserve of $4,653,675, the total surplus being $11,205,725,
From the lowest point, which
ot the
against $6,552,050 the previous week.
day or Wednesday, there has been a shaip rally on many
The following table shows the changes from the previous week above stocks, and closing prices to-day on some stocks are matand a comparison with the two preceding years
cris-llv better
i*
The injunction against the payment of Western Union divi1881.
Differ'ncesfr'm
1880.
1879.
granted.
was
it
after
the
day
dends was vacated
July 16.
previous week.
July 17.
.July 19.
The directors of the Milwaukee & St. Paul Company have
Loanaanddie. $348,744.4001 Dec.$4, 112.400 $292,309,500 $262,719,800 voted to issue $5,000,000 of new stock on the first day ol
Bpeole
81,916,900^Inc. 4,218,400
70,615,500
20 011.700 October. Common and preferred stockholders of record on Sepuroulatlon
19.181.300;lnc.
32.100
19.488.700
20.531,600
They must give
Het deposits
351,199.500 Inc. 1,356,500 292,238,500 2411.154,300 tember 20 have the right to subscribe at par.
pay torUie
Legal tenders.
17,058,700 Inc.
774,100
20,915,400
50,508,900 notice in writing of their intention to take and
;

;

;

.

;

.

.

—

•

•

. .

I.egal reserve.

Beserve held

$87,799,875 Inc. $339,125
99,005,600 Inc. 4,002,800

$73,059,625
91,530,900

$60,038,575
70,520,600

stock (m or before October 15.

Transfer books close September

and reopen October 25.
,
Union Pacific rights in the Oregon Extension subscription
Bnrplua
l$n.205.725 luc .$4,653,67
$13,471,275 $10,482,025
of Union
shares
are announced as follows Each holder of fifty
Exchange.— The rates for foreign exchange show a further Pacific has the right to subscribe for one bond of $1,000 at par,
decline, and there is no evidence of animation in the market. and will receive as a bonus five shares of the stock of the Oregon
The rates on actual transactions to-day are about 4 82%@4 83 Short Line Company.
20,

.

:

.

,

juLT

THE CHRONICLK

23, isei.]

AT THEN.

IN PRICES

RANGE

95

STOCK EXCHANQE FOR THE WEEK, AND SINCE JAN.

Y.

DAILY niOHKBT AND LOWEHT PRICKS.
STOCKS.

BMinmKT,
July

RAII.KOAItH.
A Siimiuiliium:*
A N. Y. ,vlr I.liie

A1>»inv
lliMlou

62 's Oi%

1)0

2d

Do

Paul.

i<l.

iJ!

Do

NurtUwcstorn
met..
I8l.

A

Pnciilo

A New Orlenns..
Miun. A Dm.

Clilcnifo St. L.
Cliiciuto St. I'aul

Do

A

flu.

prrf
Clev...

A

samluBk.v

riiii liiiiatl

(111.

A

.

*

A Norwalk
nelawar^ Lackawanna

Duoliury

&

West.

-JUinolH Central

Indiana Bluom'n

A

International

Gt. Northern.

A

West.,

l,ike Krie

A

Lake

sliore

I>on^'

Inland

Louisiana

Do
I/)ul.svllle

94«ti

A Missouri

pref.

&

Nashville

A

159

118

122»,

110H;nBa4 llOlslPiHl 111

Morris A Kssex
Nashville chattanoojru

A

I>o

139

137

138.

157

158

138

100 Hi

118=4

II214 114
129=4 129114
124=4

131
1.30 •-4 130>4
124
122 124i>i 123 Hi
138 '4 138 138 Hi 188
137
138'e 13«Hll37
•73
79
76
75
391I4 40
41
40
100',
98 100
99 Hi

121

ISOHl 122 Hi

II912 121=4

118H; 120Hi
101 103

'4

93

ij

l'J2ri

10 j\

98

93

1M\ 105

138
ei'4

W
138HJ

621,

(17

100

104

"93"

124 'b 123=8
138=4 138Hi
1.371 137=4
•75
77

139
138

80

40=4
101=4

4fl's 42
1001410114

03

'92=4 "9312

140
21"6

22 14

22Hi

32=4

93 14

.

W»\

22=8

23»4

110=4 121=8 12014 121 Hi
101=4 103-'% 103
103=4

-

00 'i
9018 91 34
90
90Hl 94
109 100
llOHi 109V, 112
97 Hi 98
97
97
13t>
138H. 130 136=4 137
60i>4 51 Hi
50 Hj 61 Hi

r.8H'

Vi2% 121^122%

prel

1

94

IIII4 112=^
97 Hi 97 Hi

137Hi:38i4
61 14
61

55
67
55
53Hl 65 Hi
66V 65 '6 37
121-'%122'8 12218 123
20 'b 1221V 12018 123

98

18-4

19>H

40

41
14
9
84

100
100
18

107=6

St. L.

pref

Uo
pref
„,
..Ohio Central......

69

00

83
.32

38 'e 38 '1

Mississippi

14
10
80
83
88
90
9814 UMI
56 H.'
95

13Hi

OHi

343.,

69 Hi
41=18
Sl-'^

30
88

69 Hi
42
H-2\
31 H
393,

pref

Ohio Southern
ranania

30

Peoria Dei-atur A Evaneviiie.!'
Philailelphia A Keadiiif,'

58

Fittsbure Ft. Wa(nie A Chic...
TMelaer A Saratoga

18Hi

17=4

13H;

13

'

79
80
80 Hi 88 14
97
641*
Is

98=4

64=8

30
68 H,

A

261 261
46 Hi 47
59 '6 liOH.

A

Louis Alton

46

Bo

Bt Louis

Terre Haute
pref.

Bt.

Do
„
V" Dulnth
Paul*

Bt.

Paul Minneap.

Do

iiit^f ,

.

-50Hl

77
113

.

istpref.

32I4

77
113

pref

Bcioto Valley

* Manitoba.

Faclfic....

Loots ...
Toledo Dclnhos A BurliiiKton

44H.
62'-

87

87%

44Hl
6118

44

St.

Pacific
ft.

Do

128
''..'.

MISCKI.I.AXEOrs:

Paclflc Mall....

Pnllman Palace Car
Bntro Tunnel
Western Union Telegraph!"!!!

1291.

127 Hi 128 Hi
65 !» 5«l>4

emt 82 14

•

109H!

exceitlflcatei.

EXPRE.«l.S.

16518
49»i

IHl

IH?

84Hi
•70 Hi

.

ANR

91

135

Aniencau..
fniled Htates.... !!!!!!!!"!
^^clls. FarjroA Co

121

IHININU.

Aniiiican ( (lal
Cold a<l(. foal A iron....
l:on»olidatlcin Coal

92

.

Do

pref

Etandard Cons<d. Mhiluir

Cameron Coal

Central Arizona MiniUK
Luniberland Coal A Irtin

Dea<lwood -Mining..
Excelsior Mininir...

New feinral

Coal

run Minim-

UJ

77 Hi
88
99 Is
55

1,400
1.300
3.487
3 8.225
71,385
8,400

01\'

47,535
32.533

83
83
142=8 143Hi 142=414314
108 108Hi 106 IO71-;
43I4 43=8
43=8
43
84
84 Hi
84=4
83

2,900
39.237
2.135
71,960
6.550

35=4

82
143
107 Hi
43=4

83

80

80

...

33=4

S3I4

34

58

58
41 Hi
SOIb

30 -V

29=4

30

38Hi

39 Is 39=4

.30

38 Hi 39=4
116 116
29 14 29 '4

46
58
140

47
69
140

39"s

1.923

969

123=4

39''8

is

Si",
41 Hi
39=t

29

29 Hi

43
43
4
59
57 Hi 58 Hi
140
140 140
60

43

42^8 42',

64=4

56
86

45
89

43
89

182
34

34 \
Hi

300

78=8

8018

4.350
22,660
76,300
11.283
19.876

25
56=4 58
40
41

29 Hi 30
38=8

39=4

113 116
•28 Hi SO

43

43

59

58=4

45
69 Hi

I4OH1

56 14 58
43
43'
47

50

13,995

Hi

26

25

42=4

June

4i
2(il

69 Hi 60
44
44
52 Hi 52 Hi
95

•89

48=4 60
49
49
49 Hi 49
74 's 76 14
76
76
74 Hi 75 14
112 112 xIOSHi 08Hj 105 108 Hi

1.950
2,800

500

106

"m"

"eiHl

104
60

60 Hi

30

30

104

60

61 14

104

104

59=4

61

29

29

Hi

125i8l27-'% 126=8 1 27 's 126''el28
125 's 128
54 14 55=4
54=8 55=4
56 14
54 Is o5 14
56
9OI4 91 's
91 'k
90=8 91 Hi
91
89 Hi 91 14

48

48

197 %
108
•40
50
163 166
164
4818
48Hl 49
142Hil42Hl

48
108
48
165
49
143

1=8

l--^

1=8

80 's 90 'e

88H1

90i»

85

85

i24'ei24''8

135
85

124

137
85
70
12s

48

48

48

108 Hi 108 14
48
Il63 163Hl 164
481% 491%
48 Hi
144
142 143

1%

1=8

90 J

137
85
.

.

137
85
70
126

100
113,420
30.900
41,760

800

48

108

89

1,876
1,800
38,180

1%

89

108=4

50
134
49
144
1=6

90 Hi

133

1.36

85
68

86
68
126

60 Hi
41

69Hi
3<s

60
2Hi
3Hi

28
!"'

58

59

2Hi

"27

'

65=4

67

40

40Hi

2>4

2Hi

"27

54H> 361%

2%

9
6
41

Jan. 4 24
Jan. 7 15
Feb. 18, 93

2Hi

2114

74

74

41
3Hl

21
•78

73=4

1014 IOI4
721b 7216
•22 ...

4IH1
41V

SH

3=4

2%
"8

4

IO-.4

19^

Hi 72
22 Hi 23
40
40
3
3

71

'a

"is" "ia

These are the prices bid and a»ked-no sale wasmaile at the Board.

19
71

19<%
72H>

23
40

23
40

2^4

3=4

1914

10^

71

7IH1

23

610
1. 100
2

2=4

"8" "8

8
•27

28

2,960
1.300

•27-

65
67

13 Jan.
Jan.
21=4 Jan.

53

120.926

25
2
10

200

7

"2db

S6

Apr. 27

t

Lowest price

la

ez privilege.

11

60 Hi

20 Hi
48 Hi
42=4
139=8

Mar.

7

June 4

18
12Hi

43
121
13018

49 14

180

511s

93 Ha

20
70

821%

20

36
671a

SO-ife

67=4

60
32
60
25

28 19
44 Hi
102
225
28 Hi

72^

129
129

35
42
112

66
48
65
100
40
7914

88
47'%
113=4

48
88'-%

81
53 Hi
92=4

30

Feb. 21 102
47
Feb. 18 27 Hi 68
3 107 Hi 148
ran.
4i8
Apr.
Hi
June 20 771. II6H1

June 20
June 18 106 Hi 122
54

June 1
42
June 18 100

May

June

23
7

66
421,
39=4

16

27

I's

21,

381-1

Feb. 14

2

June 3 23
Jan.
Jan.

3

8
36i«Feb. 9
7
Apr. 13

66

191.1

35

May

66=4

US

65

28
26

7

127^

155

Jan. 15
2914 Jan. 4
8i4Feb. 7
9 Apr. 22

June 1 20
June 8 14
June 8
7

60^8
105
91

2914

June 10 80
6 21 14 Jnly 7
9
5 75 Hi July 7 45
Feb. 17 20
6 27
27 45=4 May 28
]0|

Apr.
July 22

B^Jan.

May 26

88i.jMay 23

43

Jan. 3
Apr. 19
15HiJuly 15
1 '8 Jan.
5
=4 Jan.
4
26 Jan. 6:

1
•jjf.j

20

74I4 Feb. 12

35

1014

86 <a
83

123
128
1561%
1271*

1

81

i*1

100
47 Hi
122
109
30
47

7280 Juue24 168
4! 57i4June22
IS
25 73 Hi Feb. 9 131-j
191142 May 17 112
71146 June 10 111
20 80 June23
14j 50
June 18
19'«
it eoi-iJune 3
28 771-j May 12 15
19:43=4 -May 25 42 Hi
52i8Jan. 4 86HiJunel4 34 Hi
39 Mar. 24 55 June 14 23 14
61
Jan. 4 81i4June 3 33
90 Feb. 25 1 1 5 Hi June 29 60
26 Feb. 9 42 Hi May 4 25
70 Mar. 8 89HiMay 26 50
88 Hi Jan. 7 07 July 9 67
4SH! July 16 44V.J July 18
41 Hi Jan. 4 731% JnneU 30
41=4 May 13 47 14 May 23
23 Mar. 10 .38 May IS
105 Hi Feb. 25 131=4 July 2 80
.39
Feb. 25 60 Jane 30 26 Hi
77 Feb. 25 9OI4 May 16 51

75
4 142

96 Hi
120)s

12

23

May

Hi
Is

2818

47 'e

May 21
8 126
21 37HiJunclO

May

iWi

27

20
83

4

5 140

20i
48

50

3-->4

2

3612 Jan.

6
4

600
100
900

30

14

57 120 Jan.
757 621% Jan.
70 61 Hi Jan.
200 112 Jan.
8,310

Mar
May

37'8May 21

Jan. 6 66
891% Jan. 4 II6I4
20 30 Jan. 13 47
1,388 136 Jan. 3 190
17,435
45=4 Jan. 4 02 14
600 130i4May 14 151
2,100
1
2 Hi
Feb. 5I
80HiJan. 3! 137 '8
140,878 77 Apr. 19' 04

124i«
180
140 la

174
109
67 Hi

77
30

51

June 29

l'l'4=4

24

21

23% Jan.

46
84

97 "»
25=4
36 U
27 14
160 Hi
160
183 Hi

Feb. 21

53 May 20 69 May 27
391% Feb. 23 54
May 21
83 Jan. 28 lI4H;Jnnel4
18i4reb. 2fi| 3ii=4Jnne23
118 Feb. 23I131 Juno 3
63 Jan. 61102 Mar. 21
140 Feb. 2511.55 Jan. 3
103 Mav 4:130HiFeb. 15
42HiJury2u 52'8Jan. 15
80=4 July 12 96 Jan. 10
00 Mav 10 84 Is June 11
164l4Mar.25 190 June 13
28 Jan. 4 43 Hi Feb. 2
70 May 14 90 Jan. 29
23HiJuly 14 25 Hi July 19
54 July 20 -0 May 26
,32=4 Jan. 13' 51
Mar. 17
e4i8Jan. 25' 88i8Juiie24

33HtJan.

20

81'%

29
90 U

JuneSO 20

2
21
June 13
84 Hi Jnlv 22 126 Feb. 14
97 July 20 126 Hi Jan. 20
42 Mar. 22 6478 Juno 2

17,147

40

214

•26

•20

66i« 66H1

40

03
38
48

June 22
June23
79 Feb
llOHiMay 18
68 Jan. 7 117 Hi June 11
17HiJulv 13 4 6 Hi Feb. 14
34 Jan. 12 59=6 May 26

200 97=4 Jan.
400 29 July
220 219HiJau.
2.754
27i4Jan.
3.600 60 Feb.
175 127 Jan.
130 Jan.
1,200
56 July
1.000 26 Apr.
25 Apr.
1,850 39 Feb.
200 86 July

400
lOo

137

126

36 H.

74
84 Hi
98
54 Hi

45
46
108iel09-V
36 Hi 36=8
36Hi

77=4

11%

WH

85Hi:

Mining

Maryland Coal
Ontario Silver MinVn'i"!
Quicksilver .Mining

25.960
2,696
10,720

45
45
108 H, 109

70 '•8 80 14
28 14 30

66 Hi
41
42>4
79 't 82 H.

136=4 *1S5

Little I'tlt.kbuni .Miulni'!!!!!!!;

A

50
481^ 49=
142

45 Hi
108 Hi

78
88
97=4 99 Hi
54
53

80 •

82=4 Jan. 12 48I4 May 14 ....
Jan. 2,'.' 36''8 May 14 17
Apr. 19 l.^.i; Jan. 5 99Hi
Mar. 23 1.13 Jan. 7 117
5,928 164 Julv 20 lM2Hi Jan. 171118
90 Apr. 2I1 95 May 17 ....
lOlHiFeb. 25,12914 June 6 66H1
1.326 117
Feb. 25140 May 26 99
107.280 117 Fell. 25.136 Jan. 19 87H)
2,460 131 Is Feb. 26il47HiJan. 17 104
3,760 129 Feb. 26 1481% May 21 loo's
SOO 40 Jan. 4 88 May 23 22
6.220 89=4 July 20I 51
Jan. 22 ....
Feb. 25 lOOHlJaii. 24 ....
19,520 91
100 41Hir'eb. ll 08'4 June22 ....
2,410 81
Feb. 25 101=4 May 23 61
200 I2714 Jan. 29 142 Ma? 10 looait
7,450 10=4 Jan. 4 32'8Mav20
9Hi
60 May 12 77 May 24 50
1.39,910 107
Jan. 4 131
Mar. 9 68H,
23,200 82HiJan. 4 113i4June 7 61 Hi
76HlApr. 8 88 June 14 60
10,325 44=4 Jan. 4 0414 July 8 22''8
11.800 94 Feb. 26 118 Jnly 7 63Hi
1.230 63 Feb. 26106 June 18 49-%
9,200 124 Jan. 4 146HiMay21 90Hi
4,683 48I4 May 2 .W Hi May 19
50 Jan. 6 92 May 6 37 Hi
1,30
Jan. 6 136 Hi June 20
14 Jan. 10 30i4Jnno 2
9
41
Jan. 4 5r. Jan. 27 25
10,500 38 Hi Jan. 4 63=4 Juno 2 20 14
183,176 118 Feb. 251 135=4 Jan. 20 95

900
78
87

180
61 <%

806 23
650 132
140

17=4

100
Hi

488O.

Ix>w. III«1|

.070

1

60
60
41

Hemestaki' Mining

MarliHwa Land

181
32=4

107% 108=4 107

48

48^

13

100
17

25
54

48

.'.'."."

t<»AI,

02Hi

571..

^
Aniencau
ItiKtrict Telepraiih "
Aitntic A PailflcTelecranh
Selkware * Hudson Canal
109
Ke-w York A Texas Land
Oreiton Hallway A Nav. Co..'" 165

Do

Hi

91 Is 92 >s

6618

Dref

13

18

34 H!

.'!

.

Louis APaciflij

99-I4

25
68

50i8 5018
49Hl 50
77
75=4 76
77
118Hill3Hi 112
113%

106 Hi 107
43Hi
61 Hi

1031.2 104 Hi

08
17 Hi

25Hi

86

Iron Mt. * Southern!
A San Francisco

Louis

45

13

78
79
85 '8 871..,
97
98 Hi
53 Hi 34=4

66

Pittsburit

Rome Watertown A OBdeusbV

]8Hi

34

ft.A AlU'Kh., stock trust ctls.

jnesicr

32.216
2.483

40
14

36

•42
81 Hi
31 Hi

108

1104

103

46ip
47 V 45Hi 47
45
44 Hi
1091-illOV 108H4llO-\ 107i4l09-'V 107
•3.') Hi
36 14 36 14
38
33
124I.J124I.J 124 124
1231.J 124 Hi 123-14
84
84
82 Hi '80
82
i42'i.ji44
1433j 142=4 143'e 142=8
143
107 Hi 107 H; 107 Hi 108
107 108
107 Hi
4234 431,
42'6 43Hi
42 Hi
42=8 43-\
82 14 8282 Hi 833,
8218
B2Hi 84

Northern Pacific

Do

9(l->,

100I-.

108
99 Hi 100
19'
to

107

40

pref-

Do

108»4

ar,

82
90
99 U
56

.

v,.]

187

'92'i"92->4

..

Si

•,

187

92 Hi 931*
140 140
22 H) 23 'e

Ncw York A New Englancf
New York New Uaveii * Hart. 184
Kew York Ontario AWcstern
34 Hi
Do
pi-eJ.
„
Horfolk A Western

Adams

Hi

29

137Hl

23 >«

8i»

JJew York (I ntral A Hudson ..
ICew York Kli-vattd
JIcw York Lake Erie A West.

•

41

li4

ja"

13

MobiloA Ohio

Union

.30

137

"23" 140
23

107

M

Wabash

20=4

Pot Pull

Ymc

6 131
Miiy 16 100
7 71 ij July 13 37
26 48'sJunel5
24 00
May 26 60
16 90 Jan. 14 40
18 40HiJuiie20 14
4 112
Feb. 17 46
8OH1 Feb. 25 l(i2'8 June IS 63
20=4 Jan. 19| 3378 May 14 15

I6H1 Jan.

Chic.

Milwank, e I,, sh. A M-est..
Milwaukee A Northern
A Texas

Texas A
Texas A

40H» 40Hl

30

9314
2Hi4
41 Hi
29=4

1881,

Hlgbest.

42

Missouri Kansas
Missouri I'acitlc

_.

4014

29l>4

94

.

Metropolitan Klevaled
tehiKan central

St.

40

95
93 » 94
28=4
28

66>s
81
961%
941%
28 Hi

Klver...

A Cincinnati, 1st pret.
2d preX.
Memphis A Cliarleston

.

04^

Lowest.

44

r>o

_.

93=4

15S

68
121

liarietta

Bt.

66H1

92 14 94 Hi
92 "^ 93=*
27114 28 >4

139

pref

New Albany
Manhattan
•Manhattan Beach Co

,

64

Hi

1G3

137=4 1381.^
5214 53

new

Western

Lonl.^riUe

A

81
04

1,

120 Jan.
46 Apr.
87 Feb.
00 Fell.
34.080 62'sJuly
16 Jan.
lln!8'66
82>«Jan.
5B3
600
407

ChiraKO

Keokuk A Uea Moines
Do

Ohio

9/S"|,

-M
42

*:;o

•91
92
01
92H;
112 U2>j UOHilltiH99 Vj 00 H, 07

pret

IIO

nouBion'A Texas Central

.

ti3>(,

iijlj

105

Itio *-irau»U»

Dnbiititio A Sums t'ity
Hanuilial A s^t. Joeepli

,

Shard*.

70

31
139

•921-j

Inil
IMttaliurir (niar.
fle\ claiiit
III". Central
ColuinbuH Itilc.

&

81

64'H,

130
1321a 132 H,
124-18 V2r>h 1U>8 12DH, 122
1.38
la«'ul38lv l9 138
137
IHH'slSD'l ljS>s 139
•70
79
82
79
70
40
41^
41
41 Hi
41
99
100 103
103 104

Iiret

A

Do
Cliicimo Rock

JoUot

I'rlilay,

July'i2.

jirel

Clikima Mllwttukoe

A

83

831%

28=4
•40

•SO
138

Clilrmto UurliUKtun * Onlncjr..
thkano A Kii»t«ni IllimilB

IienviT

88
92 Hi
03

28 V, 29 Hi
42
42
32
138

-

jiref

flilcago* Alton

CUvfUnd

83

08^ 04 »8

Oil

iKtpref

CliicDRn

88

9«>-j

Oblo

tfe

70

lUnse Blnca J«d.

thoWeek

127

70

70

Sales of

31

Jwrsey

Iio

Tliursilay,
July 21.

44<% 44<%

Oeulriil railllc

t'UcwalH'ako

We<lneHday.
July 20.

127

70

*

Nuw

18.

128
Iirrt...

Ilullnl" IMtlfliiiri; A- Western...
>o.
UurliiiKtoii Cidiir l'.»|iUl8
CiuLiiUi s..ullioin
Ceil. II l';ilU.V Mimit'»<iJ»

(ViiinUof

Jnly

111.

Tuesday,
July 16.

Monday,

1.

39
301a
41%

27
.39=4

2414

7BH,
34

21H

70

llHi 26 Hi
148 Hi
6

20

2W

36
8

THE CHRONICLE.

^6

Vol XXXIII.

1

QUOTATIONS OF STATE AND EAILROaD BONDS AND MISCELLANEOUS SECURITIES.
STATE BONDS.

Arkausas—
6s, lundeil,

L.

J. &J.
36 Iq
6s, old, A.&O
No. Carolina RR., J.&J. 145

1883
1890
Misaoiin—

76
A, 2 to 6, 190r>....
79
A, 2 to 5, small
93
B, Es, 1906
82
C,2to4,1906....
100
68,10208, 1900

68,
78,

Class
Class
Class
Class

Rock

18991900..

30

Ft. S. iss

15
15
13
13

it

Mcmp. & L.Rock BR
L. R. P. B. Jt N.O. nu
Miss. O. & R. R. BR

Arkan8a.i Cent. BB.
Connectlcut^-Os, 1883-4..

Georgia— 6s. 1888
7s, new, 1886.'.
78, endorsed, 1886
78, ^old. 1890
Xonisiana—
76, consoL, 1914

08,
68,
68,
68,
6s,

112
112
116
109
110

60

63,
68,
63,
68,
6s,
6s,

120
68

gold,
gold,
loan,
loau,
loan,
loan,

reg.,

Do
Chatham

1, '98-9
class 2.-.
class 3...

7

112

1886

63,
6s,

ex.niaturedcoui)on..
consol.,

2d series

I>o

Do

'

8212

45
16

1899

109
107
112

small
registered

112

58,

17

lOOij

RCfristered

Funding
114

coupon, 1893.99..

37
37
121

1924
Small bonds

Rhode Lsland—

106
74 12
74
74

37%

3-63S,

Ohio—

1883
1891
1892
1893

—Gs, old

deferred
District of Columbia

87
85

Small

!

new, 1866
new, 1887
consol. bonds

6s,
68,
6s,
68,
68,
68,

7

Consol. 4s, 1910

old,

VirginLi

61a
7

9I3

)

1893 104
1892.8
72

(is,

new, 1892-8.1900.-..
new series, 1914

6s,
68,

13
13

A.&O

Do
Do

1887

Tennessee— 6s.

i-2r,

Special tax, class

conn., 1887 ....

nou-fundable, 1888..

Bi'own cuUHOl'n

123

BR

Bid.

South Carolina—
68, -A.ct Mar. 23, 1869

14.5

coup, oflf, J.&J.
coup, off, A.&O.
Funding act, 1866-1900.
1868-1898.
Do
New bonds, J.&J., '92-8

109iu
11012
111

New York—

67=8

78, small

dncia82orl833

A.&O

Do
Do
Do

102

due 1886
due 1887
due 1888
due 1889 or 1890....
Asyl'm or Univ., due '92
Funding, 1894-'95
Hannibal &. St. Jo., '86.
'87.
Do
do

112
111
111
118

SECUE1TIE.S.

N. Carolina— 68, old,

Michigan-

Alabama-

78,
7s,
78,
78,
78,

SECURITIES.

SECUSITIES.

8ECUKITIES.

RAILROAD BONDS AND MISCE1.1.ANEOU8 SECURITIES.
Erie

— Continued

l8t, consol., fd. cp.. 7s
2d, consol., fd. cp., 5s.

(Stoch Exclmmie Prictx.)

Ala. Central— l8t, 6s, 1918

&

S. Fc-4 i.j,1920
Atch. T.
Balt.&O.— Ist, 68, Prk.Br.

Fl't&P.

La.

2dmort.,
St. L.

78,

1900

Jack.& Ch.— 1st

m

Ist, guar. (S64), 7h, '94
2dm. (360), 7s, 1898..
2d, guar. (188), 7s, '98.

118
118

l8tra.,'83 108
Consol mort., 7s, 1003.. tl31
68, sinking fund, 1901..

P.— 68,coup.,1917

107
106 12

M.—

Cleve. P.

Det.M.A T.— l8t,7s,1908
Lake Shore— Div. bonds

118
118
105 12 107
111

Consol., coup., 1st., 78
Consol., reg., lat. 78- . .
Am. Dock Im.— Asa'd, i32' 1321.J
Consol., coui>., 2d, 78..
C. M. &St. P.— lst,88,P.D,
Consol., reg., 2d, 78 ...
2d m., 7 3-10, P. D., 1808 tib'ijia
Nashville
Louisville.
Ist m.,7.s, $ g., B.D.,1902 tl26
Consol., 7s, 1898
Ist m., LaC. Div., 1893.
121 123
2dmort., 7s, gold, 1883.
Istm., I. &M., 1897...
121
Cecilian Br'ch— 7s, 1007

m"

112=8
116
133

100
107
il07

108=
109

8. W. Div., 1st, Oa, 1009. t.-.,
Ist, 6s, Da.& Dav., 1910. t-.--

127

128
100 ^6

68, 1930..

—

1896

So. Pacific of

Mo.— Istm

& Pac— l8t,68,1905
Consol., 68, 1905
Income & I'd gr., reg.

W.& Ch.— 1st m

12713

Ch.&

C—

106i-j

Moliile

C.St.P.&M.-l8t,(;8,1918 112

No. Wise.— Ist,

Os, 1930.

Bt.P.&S.C.-l8t. Os.lOlO
E.lll.— l8t,s.f.,cnr.
Del. L. & W.— 7s, conv. '92
Mort. 7s, 1907
Svr.Bing.* N.Y.-l8t,78
Morris & Essex- 1st
2d mort.. 1891
Bonds, 7s, 1900....
7sof 1871. 1901
Istm. consol., guar.,7s
DeI.&H.C.-l8tm.I^s,1884
1st mort., 7s, 1801 .
let mort., ext., 7a, 1891

Chic*

m

112'

109
}125

145
120

tlOOHj 1071a

»116

1st mort., eoup., 7s, '94
Ist mort., rcg., 78, '94.
t
Ist, Pa. Div., cp.,78,1917
J125

Beg.,7s, lbl7....

& Susq.— 1st m., 78
mort., 78, 1885 ....

l8t,con8., gaar.7s,1906

& Sar.— Ist, coup.
1st mort., reg., 1921

Kens.
;

Denv.A Riour.-lst.lOOO
1st, cou.>io)., 7a

liHo

5e"\.S«-P-& P!>.!'.-l8t,7H
i.r.\a.&(ia.— Istcous. 5»

oi"''^ ""'• extended.
2rt mort,, exfd 3a,
Diort., "3, IH'-^-i

8d

IBlM

4th Dlort., <xtdr68,i920
nth mort,.cxt., 7a, 1888
.

Ist.couadl., gold, 7», 1 i|o,||
I»nif l)m-k boiHls.7.^, '0:{l
'

Pliees uomUiwl.||

tl27
114

iio"

subscription, 1883..
C. & H.-lat m..cp.
1st mort.. leg., 1903 ..

N. Y.

121
121

N.Y. Elev'd— l8t,78, 1906 116
N.Y.Pa.&0.— Pr.l'n,68.'95
N.Y.C.& N.— Gcn.,6a,1010
N.Y.& New Eng.— lot, 7a
iBtm.,

lll.&S.I.— 1st., 7s, 1882
Ilan.A Naples— 1st, 78

136

78, cp.
l8t mort., 7s, reg., 1000

110
100 ig

1900, reg
Spring Val.

Registere<l Os, 1921...
N. o. Pac— Ist, 6s,g., 1920

W.W.— 1st, Os

ni2

98
IO6I4

107"
120
tllO
1121.J

113
112
92
tll5
11314

tlOG

ill"
100
107 12
114

96
t....
t.

101 la
06

i'0'4'

Chic.& Can.So.— 1st, g., 78
Chic. & S'west.— 7s, guar.

101

I

33
t60

38"
73
61

il3"

tin
iV'i'

Cin. Ind. St. L.

2V

tl'20

& Chic—

lat mort., Oa, 1920
Cin. & Ind.— Ist, 78, '92.
2d, 78, 1887
Ind. Cin. & Laf.- 7s, '97

107
110
105
113
110

62
124

114

124
118
108
85

122"
105
23

85
42
104
68
98
18
14

37%
61

20
90
45
22
106
94
781a

59

STATES.

Car.- Consol. 68(good) 104 106
Browne, coneol
66"'
"66'

115

So.

112"'

Viiginia^New 10408 ....

115'

Atl. & Gulf—Con8ol.78,'97 110
Atl.& Charlotte— Ist, 7s.. 109
In(tome, 68
93
Stock
75
98
Car. Central— 1st, 6s, 1923

i

II2I4

t

112

no

&

.

no2

RAILROADS.

Cent.

Ga.— Consol.

m., 7s-

115
112
97

80
102

II6I2 118

118
108
105
53

tll7
tll5
tllO
163
Memph.&Char.— Ist.cona. 117
Ist, consol., Tenn. lien.. 117
Miss. Centiai— Ist m., 7s- 107
2dmort., 8a
108
N. O. & Jackson— 1st, 8s. 117

121 T! Georgia
6a
Stock
iio"

(Interest vayiibl« if earned.)
Ala. Cent.- Inc. 63, 1918.

Nort.&W.—G.l.ni..(js,1931 1081-2 108
OhioA Misa.— Consoi. s. f. tl22 124

lOOV
94'

tlOo
m., 7s. 120
115
mort., 7s
2d
135
Dea M.* Ft. Dodge— lBt,6s 100
80
Galv,ll.& Hen.— 7s, g., '71
i25"
Gr. Rapids & Ind.- Ist, 7s 113
tll5
1st mo!-t., 7s, guar
123 %
101
Ex-land grant
123
18
Stock
Indianap. &Vine.—Ist, 7s 111
102
2d mort., 6s
80
Kansas & Neb.— Istmort..
2d mort
108 la Long
112
Island— Ist mort..
108
100
2d mort
64
Stock
114
93
13 14 Midland of N.J.— lst,new.
10
Income,
"A"
lis la
12
lucome, "B"
38
Stock
9314
N.J. So.-Int. gnar.,es.'99 10714
N.Y.&G'nw'd L.— l8t,78,n 60
16
2d mort
109
85
St. Joseph & Pac— 1st m.
40
2d mort
17
St. Jos. & West'n— Stock.
South Side, L. I.— 1st, 7s. IfW
109
93
Tex. & St. L.— lat, 6s,19l0
Vtali Cfiitrat— 1st mort., 108
9712 irtali SuutliiTU— Ist niort 115
971-4
78
Wis.Ceut.— Istseries, new
98
57
2d series, uew
102
99
Southern Securities
105
(Broker's Quotations.}
119

Central of N. J.— 1908. ..
100
ChlcSt.L.&N.O.— 2d,1907 1(16 113
Consoliilatfif T.s, l.mis.. + 12112 l'2^i2
Col.Chie.&I.C.-Inc.7s,'00
75=4
1181-j
2d cou.'iolidatcd, 7a,10li 120 120
Cent.
la.—Coup. deb.certs.
117
lat m., spriuglleld Div.. 119
UOHi Chic.St.P.&M.-L.g.inc.8s
io9" 109 Vj Ohio Cent.—
Ist, 6a, 1920
1021s' Chic. & E. lU.-Inc, 1907 107
Ist m., Ter'l Tr., Ga, 1920 "08' 1021a! E.T.Va.&G,—
Inc.,6s,1931
vis
Ohio So.— lat M.. Oa, 1021.
95
97
Ind.BL&Woat.— Inc., 1919
I'anama— .S.F. 8ub.6s,1897
Ind'sDcciSSiu'd- 2d inc. i".'.'.'. 76
109 Vj iio'" Pciiria Dec. & Ev.— Ist,
6a
iosiij
Trust Co. certiilcates...
110 111
Evana. Div., lat, 6s, 1920
100 lal Int. & Ot. North.— 2d Inc.
Pae. BRs.-C.Pac— G.,8s
1133j
2d assented, 6a, 1000.
tiio' 101
131 ij
San Joa(iuin Branch.
1111-21 Lake E. &\\'.— Inc. 7a, '09
76
77
Cal.tt Oregon— 1st m.
107 (-2
Sand'kyPiv.-inc, 1920 67
78
tJAaa accrued iutercat.
* No price Friday—these are latest quotation* made this

135
135

6»i
99
02

&
2d molt., 78
Col. & Toledo— 1st

INCOME BONDS.

la

sal

7s, 18.88
Col.
Hock. Val.— let, 7s. tll4

108

Oregou BR.&Nav.— lst,6a 103
104

1

63*
65

Dayton Div.— Os, 1910

St.L.K.C.&N.— B.c.,7s tll3
Stoc.k
Om.Div.— 1st mort., '7s 117 = 118=4 Charl'te C.&A.— Consol. 7s
Ciaiinda Br.—6s, 1919
2d mort., 7s
St.C.B.— 1st, 7-88,1908
Stoi^k
"
llOi^
No. Missouii— 1st, 78. 123 125
Chic.St.L.A N.O.— New 58
121 12 E. Tenn.Va. & Oa.— 1st, 7s
95 West.U. Tel.— 1900, coup,

6s, 19(33

NevadaCent.— 1st m., 6s. n03
N. Pac.— a.l.gi'.,lstcon.68 104

}1'25

lat.

&

104 12
I3712
136(2

B.— Inc,6s,1010

iBroker^f Quotntinns.)
E.— Stock.
Bost. Itartf.

tl38

i22"

Cona<d., conv., 7s,1907
Gt. West.- lst,78, '88.
2d mort., 7s, 18i)3...
Q.
T.— 1st, 78, 1890.

St.L.A.&T.lI.-Div. b'uds

1071-2

80 12 81
00 '( 100

&W.—

t.

Harlem— 1st m.,

1051

tm
102

Tol.P.&W.— 1st, 7s,1917 il8'

Nash.Chat.& St.L— 1st, 7s
2d, 6s, 1001
tl05
N. Y. Central— 6s, 1883 .. 105 105 12
6.8, 1887
noo-s 111
6s, real estate, 1883 ..
104
6s,

Tex.&St.L.-L.g.,iuc.l920

123

Tol.
1st, ext., 7s
lat, St. L.Div., 7s,1889
2d mort., ext., 78, '93.
Eqnii)m't bonds,'7s, '83

92
68

Miscellaneous List.

Wabash— Mort. 7s of '09

112
114

Sfgl.& R'y.-Ser.B.,inc.'94
Plain Income 6s, 1896..

97"

2d, Ti't Co. ctfs., ass'd
lat.Tr't Co.etfa.,8nppl

Rome W.&Og.— Con.,

83i-.^

6s.

104
104

"93"

2d mort., 7s, 1808
2d m., guar., 78, 1898.

110=4 111

nuds. B.— 7s, 'Id, s. f.,'85
Canada So.— Ist, int. gu. 100
126

,

Alb
2d

130
125

& O.— New m.,

& lOv. — Incomes
Evansv. I)iv.-Iuc.,1920

Roch. & Pitts.— luc, 1921
St. Louis 1. .Mt. & So.—
lat, 7s, pret., liit accum,
2d, 6s. int. acc'mulative

107 la

St.L.V.&T.H.— lst,g.,7e
106 "(

644

N.Y.P.& O.— lstiuc.ae.B.7 55
N.O. 5t.& Tex.— Deb.scrip "59"
Ohio Cent.— Income, 1920
Ohio 80.— 2d Inc., 6s,1921

Tol.Del.cfe

11

69.

64

113
116
109

2'

2d

PensacolaDiv 6s,1920 105
St. L. Div.— Ist, 6s, 1921
*80i3 621-2
2d mort., 3s, 1980
125
Nashv. & Dec.— Ist, 73. tS.& N.Ala.— .S.f.,68,1910

Cons., assented, 1001.6.

KCii-j

I.
1st, coua
con., 7a, 1909
let, Tr't Co. ctfs., ass'd

Coi.

2dmort., income, 1911..
H. & Cent. Mo.— l»t,'0O.

tl(l3ia

98

iliia Ogdcn.sl).&L.C.— Inc.1920

nio

126=8

Clev.&Pittsb.—Con8.,8.f
4th mort., Oa, 1892.--.

i-i

.

.

108

Peirce C. & O
Equipment, 78, 1893.

Tex.

98
85
t81
971a
63

1O0-. 109 Hi Peoria D.

Ist, 6s,

".J

C.St.I..&N.O...Tcn.llon,78 113
1st m., con., 7s, 1807
113
C. St. P.M.& o.—Cons., OS 103 12

112
118

1131-j

Pacific of Mo.— Ist, 6s
2d mort., 7s. 1801 ...
St. L.&S.F.-2d, Os, cl.A
3.63, clil.48 C, 10K6....
3-68, class B, 1006...-

Roch.& Pitt.— lst,8s,1021
Rich.A All'g.— 1.3t,78,1020
1st S. Minn.Div.,68,1910 1061-.: 107 Hi
Scioto Val.— lat, cons., 7a.
Istra., H. & D., 7s, 1910
110
L. Erie & W.— 1st, 6,s,1919
St. Louis & I. Mount. — lat
Ch.& Pac. Div., 68, 1910 110 112
.SandnskyDiv., 8s, 1919. 108 106=<
2d mort., 7a, 1807
l8t CI1IC.& P.W., 58,1921
lOOij L.af, B1.& M.— 1st, 68, 1910 %
110
Arkansas Br.— Ist mort.
Mln'I Pt. Div., 58. 1910.
90
Louisv.N.Alb.&C— l8t.88 106'i 108
Cairo & Fulton— 1st m.
& N.west.— S.f, 78, 1885 ni2
Manhat.B'ch Co.— 78,1890 tlOO
Cairo Ark. & T.— latm.
Interest bonds, 78. 1883 100 1< ibs"
10612
N.Y.&M.B'h-lst,7s,'97
Gon.cr'yA l.E.,58,1931.
Consol. bonds, 78, 1915.
133
Marietta & Cin.— lat, 7s
St. L.Alton & T.U.— lat m.
Extension bonds, 78, '85
1 St mort., sterling
2d mort., jiref., 78, 1894.
Istniort., 78,1885
ig
nis-ii 114
100
Mi'trop'lifn EI.— lst,1908
100% 2d mort., income, 7a, '94
Conpon gold, 7s, 1902... 128=8 128
871-2 88=8
•2d mort., 6s, 1899
Bolievillo&S.llI.- Istm.
Iteg., gold. 7.S, 1902
1251.2
130
Mich.Ceut.—
Con.,78, 1002 128
St.P.Miun.A Man.- l8t,7s
Sinking fund, 6s, 1929.. 110 110",
Ist mort., 8.S, 188'2, a. f..
2d mort., 68, 1900
Sinking fund, rcg
110 110',
Equipm'nt bonds, 88,'83
Dakota Ext.— 68, 1910
Iowa MIdl'nd— Istm., 8„
Os, 1^09
Tex.Cen.— lst,3.f.,7s, 1909
Galena & Chic— Exteu. tios'
105 \ Tol. Del. & Bur.— Main. 6s
Coupon, 58, 1931
t...
Peninsula— 1st m., conv.
105 12
Registered, 6s, 1931....
1st, Dayt. Div., 6s, 1910
Chicago & Mil.— 1st m.
i25' 1271-2
Jack. Lan.& S— 6s, 1891 100
1st, Ter'l trust, 68, 1910
Winona & St. P.— Ist m. tl05i2
1011, W. St. L. & P.— Gen. m., 6s
Mil.&No.— lst,4.5.03,1010
2d mort., 78,1907
123
Mil.
L.S.&W.—
1st
106
107
Gs,1021
Chic Div.— 58, 1910
C. C. C.& Ind's— l8t,7a,s. f.
94 12
Mo.K. &T.— Gen.,con., 6s 94
Hav. Div.— 6s, 1910
Consol. mort., 78, 1914
081.2

pref. debentures..
pref. debentures4tli pref. debentures

12814

lllj

nil

Incoraea.
O.— 1 St pref.deben.

N.Y.LakcE.&W.- Inc.Os.

tioo

2d mort., 7s, 1912
3d mort, 78, 1912.

122=8

106

6s,

Den.Div.,6s,ass"d.'99
1st ccms., 6.S, 1910...
Cent. Br. U. Pac— l8t,6a
Funded coups., 78, '95.

Pitts. Ft.

130
130

&N.—lst,6s, 1919 lOHj

Gen'lmort.,

-

Mob.&

&W

2d
3d

r.814

Ist.Rio O.Div.,6s,1930
Penn.sylvania RR
Pa. (I'o'a guar. 4153 Ist c.
Registered, 1921

115

&

E.H.

1(1-"

II71.S

Utah So.— Gen., 7a, 1909 112
i'dm
Mo. Pac— 1st consol., 6s
3d mortgage, 7a. 1906. tiio' 120

117

128
128
126
128

.

Pac— 1st, 68,'95

Atch.C* P. -Iat.,6s.l9(l5
At. Jew. Co.&W.— Ist.O.H

116

.

110
N.O.&Mob.-lst,C8,1930 104

&D., 1899...

121
C.&M., 1903... 121
Consol. 7b. 1903
121
2d mort., '7s, 1884
100
l8t, 7s, I.& D. Ext., 1908 121
I.

Kans.

96 H)
1st mort., 3.4.5-63, 1900
87
2d mort., 3-4.5-6s, 1009
Indianap.D.A Spr.- lst,7a
112H!
Int.& Gt.No.— lat, 68, gold
Lake Sliore & Mich. S.—
Mich. So. & N.L, s.fd, 7s llliii 112 12
110
f
d.
Cleve. & Tol.— Sink,

New bonds, 7s, 1880..
& Ash.- 7s....
Buff. & Erie— New bds
Buff. & state Line— 7s..
Kal. & W. Pigeou-lat

129
129
110

Gs, 1917, registered
Keo.<fe Dea
Ist, g.,58

Istm.,
Istm.,

Collateral trust, 68.

II312

.

Central of N.J.— lstm:,'90

&

120

Istm.,

110
110

11114 113

So. Pac. of Cal.— 1st, 6s.
Union Pacific Istniort
Land grauts, 78, '87-9.

Sinking funds, 88, '93 120
Registered 83, 1893..

& Minn.— 1st m. t.
Ind.Bl.A W.— 1st, pref., 78

Miss.R.Br'ge— l8t,8.f. 68

1st consol., as.sentcd, '99
Conv., assented, 1002...
Adjustment, 78, 1903...
Len.&W B.— Con.g'd.as,

IIOI4

110
tiis'

Mil. L. s.

—

Ced. F.

O.B.&Q.— 8p.c.,
O. R.I.&

%\m\

.

& Mo.— iBt ni., guar.

100

Marq.— M.6s,19-20 113

112
Gal.Har.AS.Ant'o— lst,6s
78 7( 79 12
lat. La Gr. Ext., 68,1910
Bost. H. & E.— 1st mort-2d mort., 7s, 19()4
Bur. Ced. R.& No.— Ist, 3s 102 102 1.J
Gulf Col. & S. Fe— 7S, 1909
Minn.& St. I,.— lstj''s,gu
Hau. & St. Jos.— 8s, conv
Iowa C.& West.— 1st, 78
Houston & Texas Cent.—
C.Bap.Ia.F.& N.— l8t,6a 1043i
lat mort., 1. gr., 7s
Central Iowa— 1st, 7s, '09 II8I4
1st mort.. West. Div., 78
Cheasp. & O.— Pur. in'y fd.
87
88
Ist mort., Waco & N., 7.3
6b, gold, ser. B, int. def
61
.60
6s, cuiTency, int. def
2d, cousol.,main lino, 8s
2d, Waco & N., 88, 1915
68, gold, series A, 1908.
123
Income and indemn'3',78
Chicago & Alton— 1st m..
107
Income 7s, 1883
Gen. mort., Os, 1921
113
Sln'king fund, 6s, 1903lU.Cent.— Dub.& S. C, 1st
Joliet A Cliicago— Istm.
Dub. & S. C, 2d Div., 78
.

498

Lehigh & W.B.Coal— 1888
L,af.Bl.&Mun.— Inc.78, '99

Cen. Pacilic- Continn'd
State Aid bonds,78,'84
Land grant bonds, Os.
West. I'ac— Bonds, 6b

BufT.N.Y.&E.- l8t,1016
N.Y.L.E.&W...New2d,0 101

Bailroad Bonds.

RaUroad—78

I'JO

110
1061a
58

120
1'20

112
175
1'20

iio
112l»

120

2d mort., 8s. 117 1'20
Northcast.,s.c.— lstm.,88 125
2d mort., .Sa
119
Port Boyal A 4\ug.— l8t,6s 103 110
Rieh.& Dan.— 1st, cone., 6a 10712
ioJia
104
Stock
Southw. Ga.—Conv. 78, '86 1'20
130
Stock
S.CarohnaBR.— let m., 78 106
34
45
Stock, aeseasment pald.
Ccrtitlcute,

7a, 1902,

non-enjoined

Non.mort. bonds
Western, N.
Lat,
week.

C—

--

7s...

1'20

1'22

80
73
1071a 108 la

JULT

THE CHRONICLE.

t8. 18SI.]

New York

(jaoUtlona in Boston, Philadelphia and Baltimore.

Local Seoaritieg.
Inaurnnco Mtock I.Ui.

Bank Stock LUt.

97

•wnrmrna*.

[Quotatlona bv K. 8. KAii.iir. Broker,
No. TlMnoStrcot.]

Pbicb.

COMTANIU.

Par.
Bid. Aik.

Itch,

Topeka

ft

do
do

Catawlssa

AmuriOSO

IJ..wory

100

It'Wt'ry

ltri>:t>lvray

«a
83
100

Ilr

AnUTit'ii*

Am.

KxclialiKO

Huirln'ra*

ml

(fill

A

l)rov*r*'

ft racin ', es
income
o
Boston * Maine 7s

Atlantic

100
IOO
100
100
100

<. .ttH(M»ro«>

••I
>;«•

'

1

•\

'

100
100
100
100

Klr»t

Fniirth

d'tiaan American*.

German

Qreenwicb*

too
100
86

HanoTor
Imp. and Tradors'.

IOO
100

BxchiuiKe*.
0«'1niinl>*

.

180

I

ISl

163
109
140

Nassau*
Kew York
County..

M. Y. Nat'l Kxch'ge
Ninth
.,
Korth America*.,..
North Hirer*
Oriental*
Paoiflc*

Park

IOO

People's*

85
80
90
100

Phenix
Produce*
Republic
81. Nicholas
BeTcnth Ward
ilxth
Btate of

Third

New

York.

Tnidesraen's

West

120

Ijifayette (Br'klyn).

Lamar
Lenox
Lonii Island (B'klyn)
Lorillard

ManutM'n' & Build

Vii

Mechanics' (B'klyn).
Mercantile
Merchants'
Montauk (Brooklyn)
Nassau (Brooklyn)
National
New York Kquitablo

—

New York Fire ...
New York & Boston.
New York City

lOlJi

ll'9

iiai'

8)

150

2.0
70

rtO

118

"96

80

do

New Mexico
itfdensburg

;s

70

I.S5
III)

luO
114

'.J30

21'0

100

185

130

20
50
50
50

200

210

115
1S5

IvO
140
95
8J

100

90
75
150

140
115

1.30

110
70
115

25
25
25

80

!03

lid

130

140

10

:I5

121

90

210

-iL'r

imsljurg City.

...

.28«1«|<

118H}i|*

io

lis
160

170

68

Cheshire preferred

88«

Easterii (Mass.).
F.asterH (New Hampshire)...

ler^

I07«

reg

69.

104

Phlla.

4

1st m.6s,conp.,'tii
Krie id m. 78. cp.,'S8

es
....

,107

U8;,|18l

LOO

PhIl.ftR.lstm.6s.ex.dual9

do
do
do
do
do
do
do
do
do
ro
do
00
do

98)4

78

110
155

IIOS

4;j8

do
CO is. mort. 6s. 9:^0
po
do
5j, 920 iO!Ji'lb8)»
Phlla. Newt'c 4 h.T.. Ist m.

'!iH 75
183
180
169
190
«>«

1905.

'

.

109

1^0

Perklomen

MH

New York 4 New England...
Northern of N. Hampshire...
Norwich & Worcester

It4)t

.

do

Penn. Co

102« 103

Lawrence

Scrip
..
RR.Is. mi...

cuns.m.ss.cp.,
o
S<

do

60H

l-OH

pref
do
9(1*1
ForlScottft Gulf, pref
do
common. 135
90
1
Cliy
Fall
*
Sioux
Iowa
Little Hock<» Fort Smith.,,. Ti
Manctif»!»te'' ft

101.^

1906 ....
Pennsylv..gen. m. 68. cp.. 1910
gen. Ui. 6s. rg.,1910.
do
cons, ni.6 , rg., 1905.
do

153 Vi

Mar.Ho'tgh. 4 Oit
Mar. Hoagh. & O.t.. pref...
Nahsuaft Lov/ell

i

do

do
do

I

"2^

100

Concord

...

— —

ft B..78,cp..'9(;

do

144% I44«

Atchison ft Topeka
Boston 4 Albany
Boston & Loweif.
Boston 4 Maine
lloston 4 Providence

...

'188

I

Pa.4N.Y.O.*

Bs.

STOCKS.

)....

:....

»1S 09

•

183

—

7»,1.''!»...'
Ss, l'l^9 ..
g<i. ii.,'>o
.•.04, *88

do reg.. 1891... 122K
187
140
m. 7s, reg., 1910
con.m., 6s,rg.,l9^
do
6s,' p.,19.'3
188M

2

Oil
rittsb. TltuBv.

7s

Vermont 4 Mass. kit.. 6s
Vermont 4 Canada, new

i....

do
2dm.;i.cp..'««.
do gen. m. 78, cp., 1903. 188 184
do gen. m. 7s, reg., 190? -. !•.
110
do new loan -s, re?
Creek ist in. 7s, c«np..'8 . •••

106

Inc

Old Colony, 7»
(Ill Colony, Bs
Pueblo & Ark. Valley,
Rutland 6s, Ist mort

!m

—

.'C'lng.,;i

f

Little Schuylkill, 1st m.7«.'y2 .„
N.O. P.c. l.tm..««, IIW) .. IOO
North. Penn. 1st m. 6s, cp., '85. 107)il....

So. Pac. 7«.., 181

ft

m.

con«.m.
do

do
do
do
do

4 Lake Cn.S

Fitchbnrg
FllatftPero Marq

90
25
85

''^""'n's
-^' itcs

.

.

Connecticut River
Conn. & PasBUinpsic

Sterlliw

.

i-i

UlM

tld

..
IthacaftAthcnslst
1 auction Ist mort.
do
2d mort.68,I9U0. ..'!!«
Labigh Valley, lsl.6«,cp.. 189ti 1''2

7s

130
UO
130

85
90
100

\\ itii

143

800

IOO

...

Fort Scott ft Gulf Is
Hartford 4 Krie Is
K. City Lawrence 4 so. 41...
Knk.City. St. Jo.&C. U. «.
Little K'k ft Ft. Sirith,-s,isl
New York ft New Bug. •»

153
t«
185
117
90
50
150
S7ii 118
195
35
110
100
100
85
65
100

stovvesant

100
ito

Side*

140
i«0

50
90
90

Republic
Rutgers'
standard.
Star

lOlM

..

.

Chi~. 4 W. .Mhihigan
Ctu. Sandusky 4 Ciev

Ueiief

I

ft Quliioy 4*..,
oiiu. <v PaMumpsli-.. Ih, IJiHi.

170

Phenli

I

Chicago Burl,

do

do
do

lOiM

..

1'30

People's

!

Nebr.Is

118
:oo

Paoiflo

145

do

180
70
150

North RlTer
Park
Fetor Cooper

Neiir. ««..

118
65
145

Niajtaia.

162

•no

85

100
100
85

Manhattui
Mech. ft Traders'...

11»
870
Ou

Vii
183
U5
76

30
80
40
90
100
25
90
85

Ex

.

160

100

County (Bkn.)
Knickerbocker ...

40
SO

Union
United Slates

Tr'd'rs

KiiiKs

100
IOO
100
too
100
100
100

Second
Shoe and Xicathcr.

A

116
185

H.ftB.T. lit m.7s,K->ld,'«a.
do
l«tm. Ts, f I. g.'*»ill»
do
2d m.7«,gold, 'iB.ilia

7* ....
7s.

Nebr.ss

•fn

ritchbnrj KU.,Ss
:(>5

18)
IHO

90
SO

Providence

Mo., land grant

do

aastorn, Mass., 4?fs, new.

m
IIO

19
50
50
100

Importers*
Irvinu
Jofforjon

100
100

TO
SO
89
SO

>l>o

Howard

100
IOO
100
100

.'.'..'.'.'.

riuunia

Hunoyer
ilomnan

y

,

(it

.

ft

Gonnctt'<n Valley "s

105
ISO

IOO
100
00
90
85
100

Kliip...

Home

100
100

W.'.'.'.'.
..,«"

Trust

*

II tiiillion

Mewhfints' Exch'ge

Jlerobanta'

lui'n'a

Mian-Amcrlcan.

r

110

8W
830
19

17
10

Cr.'i'nwlch
<itiaril»n

W

•Mantlle

i

<•(

la

89
60
83
100
60
50

RDlca'
Dies' Assoc'n.
nice' * Tr'drs'

!i

I'ririklln

f.O

Marine

Ke* York

r.-I'lly

'

70

Lowell

ft

turi. ft

IM

TO

141
140

•

I

19)

mi

7s
••
7s
es

do
d

18^
BO
inn

iiO

100
50
100
100

\

8oston

so

i:.ifi..

50

Irving
Island Cltr*
Ijejttaer Mnnm'trs'.
If anbatLin*

»1

doston

310

70
too
80
90
100
40
100

("iiuaerctal
('•niinental

30
OU
75

Kiilf IIP

Gilhilln

_

WO

as
8S

iri'.'.'.'.'.

Avenue*

Kiftli

800

IT
'

ColllLllbl*.

«8

Cnv

an
an

.

•

104W
.

Aik.

.

u
new 7s ixn
i;onncctlnr «s. llOO-IMt
ChartlerB Val.,lnm.7.i.C.,lw:
Delaware mort.. 6s, various.
Del. ft Bound Br.,lBt.'s.lMn
Bast Penn. Ist mort. li.'gs ..
SI.* Wmsport, Ist m.. Is, '80. 118
100
do
5s,perp
Harrlsburg 1st mor* fls, 'B't.

ooatona Albany

118

a.lwar

(ii l/,iMis'
Cil V

170
117

100

Iiiixiklyn

niMi.in

<'ltl«en»'

(

Aniurtoan Kzchange

too

<liii».< liillinm
t'lii'iuicn'

BO

Bid.

cnnv., ''13.
chat, m., lOs, 'W

1st, 78,

do

1st m.7i,
land grant7s
land Inc. 3s.

I

iOO
iOO

•aOVUTIM.

Bid] Aik.

BOSTON.

dj

IPIO'

2d m.. 7s, '•P..93.
cons. m..78,cp., 1911

i

••
•
: • •

do

U7

ron9.m.6i.g.li<cl911

lmp.m.,6sg., C. 1897
Ken.m.6i, g., C.lSOl
In. m„78,couj>.,'896
dib. coup, is93*...

do

B3)«

c up. off, li9i

icrip, 188i

C,

conv.

7s, R.
1B93'
7s. coup, off, '9.1

t;3

Phll.ftll.Coalilr'n dcb.Ts,'J2'
do
deb. 78. ens. off

68

do mort..

165

12S
185

JsJ!,^ ,„ieg.,191)l'2<'^l' !27

7s, 1892-3

Phlla. Wllm. ft Bait. 68, '84. ...
Pltts.Cln.4St. L. 7s, con., 1900

53
Ogdensb.ft L. Champialn ...
184«
pref..
do
do
do
7s, reg., Hon
Old Colony
Rich. ft Danv.i-ons.Uit.6s, 19 5r ,,,.
Portland Ssco A Portsmouth
Sharaokln V.4 Pottsv.78, 1901 li,'^,,
Pullman Palace Car
1884.1'"^-^
X20J< SOM Steubenv.A Ind. 1st, 6s,
Rutland, preferred
Stony Creek ist in. 7b 1907....
Severe Beach 4 Lynn
0BX
Sunb. Haz. ft W..lst ni.,5s.'3I.
10
Tol. Del. & Bur
39
8Jm.6i. 9»..
10
Vermont ft Massacliusetts.
Sunbury
4
Erie st in 7s, '97.
Worcesterft Nashua
>;t.
Syra.Gen.4 Corn'/,lst,l6,19t)-j
26«
Wisconsin Central
Texas ft Pac. I8t in. 68, g.. 1905 "99
pref
do
lOwl
do
Rio Grande D v..
PHIIiADE:i<I>HIA.
cons. m..6s,g..l905 '04M1043
do
1

.

,

Oa» and City Railroad Stocks and Bonds.

eXATE AND CITT

(Gas Quotations oy ueorge H. Prentiss. Broker, 17 Wall Street. 1
Ha"* Uoyi'AHIBS.

•rooKiyn Oaa Light

Par. Amount, Period

Co..

85 8,000.000
20 1,200.000

Oltlsens'Uts Co (Bklo)
•
do
bonds

J

50
SO
SO
100
V*r.

f'loboken!!!!!!!!

M
do
Mntaal, N

uertitlcateB...

do
_botids
Hsnau. Bri}okiyn
do
scrip
_
H"ir York
Peope's (Brooklyn)
Bondf
Bonds
Central ol .-.ow York
WUllamsburr

Apr.,

Aug.,

54

isas

!05

1,860.000

r.AA.

750.000 •J.* J.
'2,.VM>.IKK)
l..lO0,O.l(|l
'"')•)

i!

Var.

IJilJuIy.

I'l
I

1,000

100
100

3ii

May,
May.

M.*N.
F.4 A.

1997
1000
July,

Quar.

-Jan..

1900

101

104

','") .VI.4N.

.July,

63

65

June,

175
105

jS.Oa'j.M'xj
I

1882
2HiI>cc.

A.* O.

l.'Mii,(»,ii
1.

Feb..

.Ian.,

Var.

750.0001 M.ftN.

'ibb 11,900.0001

[QuoUUons by H. L. Oraxt,

201
XI48 150
xllt 10«
tfl
It
100
104
62
64
U5
100
108 1104
35
40
lOI
105
80
91
BO
63
BO
65

...1

.1.

r.'-i.oiHi,

90
SO

,

bonds

88
160

Quar.
F.& A.

;.4
ijooo

85

1888

«5

.1.

17(1

lllO
I

70

do
inc.41.gr., IS 1915
Union ft Tltnav. Ist m. 7s, '90.
UnitcdN.J. cons. m. 6s, '94..
118W Warren A F. ist m. 78, '96
West Chester cons. 7s, '91
ioi« West Jersey 6?, deb., coup.
do
Ist m.68, cp., '96.
Istm.7s,'9^
do
133
cons. 68, 190i
do

5B,uew,reg.,l89a-i9(ri

do 6s,n.,rg.,prlorto'9f
do 48, various

Win

i;o
:8»

.,

BOND:*.

Ss, g'd, lnt.,reg. or cp.
5s, reg., ISS2-1332

123
55

ian.,

Ap

Feb.,

Var

ISO

do
do
do
do
do

es, 10-15, reg.,l<7"-'a-.J.
68,15-25, reg.,iwi-'»a.
43, reg.. ieil4-l'j01
Philadelphia, 58 reg

Feb.

«.&8,
M,*S.

M.&N.
.SI. AN.

,

do

Var
Var.

A.AO.

4,0fH).fl00 .J.* J.

100
1,000

Metronoli Ik:;, Brooklyn
Monlripal
do
bonis
rulton Municipal

5

819,000

1,(X)0

Penna.

BAILBOAD STOCKS.}
Allegheny Valley.....

4

Buffalo Pitts.

W. Jersey ft

80
25
20

pret

do

Calawissa
pref
do
new pref
do
Delaware 4 Bound Brook....
Pennsylvania
East

Elmlra4 'Wllliamaport
do

do

Hsr. P. Mt. Joy

Huntingdon
do

.

pret.

Atlantic

ao

ft

4

pref..

Lancaster.

Broad Top...
do pref.

Lehigh Valley....„

99
55>s

40
54
54 it
ii^H',

83

'•I'A

01

Little Bchuylkill
lllnchill

I'm
Ilt'H

60
00

115

ft Western, pref
com..
do
do
North Pennsylvania
Pennsylvania

l.)5

Phllailclplila ft Brie

:-i

Pnlladelplilaft Reading....

89H

Norfolk

BleeckerSt.& Full. Ferry— St'!'k
100
1st mortgage
1,000
Broadway ft Seventh Av.-8t'k
100
Ist mortirage
»- "•'y -Stock

''okiyni-Sto'oi..
Pt.— St'k

!'

1-

<.^;-'>iIiiiatC()

'

(

1
1

n-

i;

in

1
.

.phcr A

mitrt. ootids

ii

Tenth St.— Stock

A.ftO.

1

100

Town— Stock

Central Cr.ns

100
l.OtKJ

....

Isl mortgage
Boust.West St.* Pav.F'y— Sfk
1st mortgage
Becond Avenue— Stock

vertlblo

IOO

O.f.ftA.
I.)

"p

."!!!!

•^took:."!!
1 -..,,.>-,

,,,r.i

Streot^StociV.'

^*^t m'trtgage

This

I.

ft. I.

y-F.

"i.I.ftD.
")

IJ-J.

".1.4,1.
Tls

)i',>4.4N.
•i;!...oo.i,\.40.

IOO
1,000
l.ooo

ho

l,ooo
IOO
1,000
IOO
l.ooo

.luly,

J'ly,l«on|ii3
July, PI 132

June.'SJ 103H 100
May. '811 180 200
Nov.,'8'j!l08
July, 'S'.:i40
July, '81 93
1888
I02M
July, '81' 95
July, '81 182
nec.1902 113
Feb.. '81 90
1'<9S
100
May. '.SI 190
I

Juno. '931114
July, 'HlJlSJ
Jan., '811100
May, '81 185
Apr. , '93 110

95
110

200
118
ii'o

ii9

Sov.1904 105

lib

.50

.500,000 J. > I
i,l««.50'>'J.ft J

i30.i>Xlli.MU.
i.o-,o.'»oo!\l. V
.|

jt

.1.

M.4S'
1.4.1

<.0OO.O00!j

1-K.
ft

I.

HOO.OOOIK.ftA.

Jniy. '94 109
July. 81WC5
Apr , '851 lOu
•'Ct., '80ll07'.,
•'pn'.,'8:t lOrl
Feb.. "81 2fio

Ju

y. '90

iVo

118
1'12«

11)

no

.May, 'SlilfO
July,'90 112

I

114

"OOH;
U4!<

«4X
I

24.'4

2V>t

Philadeiphlaft Trenton....
Phlla.Wllming. A Ualtimore.

do pref. 87«
do
193
United N.J. Companies

West Chester consol. pref..
WestJersey
West Jersey ft Atlantic

.

OANAL STOCKS.
Chesapeakeft Delaware
Delaware Division
4;k
Lehigh Navigation
Pennsylvania
SchjylklU Navigation
pr<if...
do
Susquehanna
RAILROAD BONDS.
Allegheny Val..73.I0i.I9M...
7s. B. ext.,ltlo
do
inc. 7s, end.. *M
do
Belvldere Uela.

1st in.,taA«'Ji.
2d m. 68. 'ill..
68.')!..
«Amlioy 6».roup,'-i3
6s. coup., 'i!V
do
mort. 6*. 'b'J. ..
Jo
Cam. ft Atl. Ist in 78. g.. 1-93 I19)t
do 2d ro. car. 7rt, pT"..

Ho
do

Cam.
*

A

3(1 in.

Bnrllnfft.

la default.

nco. fts.*©!
t

.

Ss, cp.

iob
111

lis

Per share.

00
Cheaap. 4 Dela, Ist 6a, rg.,'8«
Lehigh Navlga. m.,6s, rep., '81 1C6X iab"
do mort. BK., rg .'9" lV5k 116
do mort. gold, '!^... I17Vj 119

do cons. in. 78, rg.,19l
.Morris, hoat loan, reg., IS85.
Pennsylvania 68,cour-, '910.
Schuylk. Nav.lBt m.68.rg.,'y7
do
id m.68. reg., 1901
Maryland 68, defense, J.& J.,
do
6s. exempt, iss;...
68, 189(1. quarterly..
do
do
58, qunrterly
Baltimore 6s. iS'^l. quarterly
do 6h,;8^6. .l.A
do 6s, 1S90, quarterly..,
do 6s, park, 1890. ij.-M
do 6s, 1S93. .M.4 S
do Ss.eienipt.'iS.M.ftS
do 68,1900, (J -J
do 6s. 1902, J. ft J
do Rs, 1916, new
Norfolk water, Bs
BAILBOAD BTOOKS. Par.
.!

Bait. ft Ohio....

ot.PanlftDuluthli.li.com

Camden

Feb ,'81 145 lj.5
May, 'ii.H ion
II ^
But the date of maturity uitxmtf

850.0001 M.ftN.

commn shows U«t divldeoa ou »(<k*».

110
150
IOO
103
IOO
127
116

50

240.000

^(\>:^^i.
750.ili»
600.IKX)
8,0OO.lK)0

I

'M 23)i 86

mii'.'iiKj

.i.,.i,o.iiilM.ftN.

IOO

9oo

500 Vm

-Stdek

J.,

>",.l.ftD.

1.000

Ferry— St 'k

4

J.
ij-j.

i»!.i. ft

"1

000

i:.B.iBatt'ry— Stock
lOJ
i-i^. consolidated .. iOOii;
iMie— Stock
I DO

42.1 -I. .V '. land'st'.
1st mi.rlKatio

J

Q-J.

J.

l.lKht

'.k

ft

Q—

100
1,000
100
100
1.

Ills

2,10O,0(JO

*
ft .1.

1,000 1,500,000 J.ftD.
10 2,000,000
1,000
300.000 «r.*N.
100
800,000
'.

iliinter's

l^t in i;j;-aL'' iiiinds
Bushwick .Vv. (Ilklyn)-Stock.
CiMitrul I'k .X. ,i l']. Kiv.— Stock

000.000 J.
694.000 J.

AtM5tm

.

BAI.TimORK.

U'4

Nesqnehoning Valley
Norristown

Broker, 145 Broadway.]

iio

119

,'8.*^

Western Penn. KR. 6a,cp.'a.i.
ts P. B.,'96
do
28)a S2H
CANAL BONDS.

Wcst.,-rn

do

Camden ft

109H 110

do
do
do
do

lOU

'BC

pref

2d

prftf.

iiio

ibbw
109

88

I0S«

106

107M
!17« lis
117

187

l»

I8U

186

180
188

800

203

188
121

Wash. Branch. UXI 800
Parkursb'g Br..!«
W 54
Northern Central
16
5(
Weatern Marylaui
.'d
Cantral Ohio
Pltuoorg ft Oonnell8vllIe..5>
KAILBOAD BoyDS.
45« Bait, ft Ohio 6s, 188S,A.ftO.
110

30
15

.

w. Va. 9d m.jinar.,'8S,JftJ
PIttsb.ft (XinnelTsv.'iS,'«8,JftJ

is

Northern Central 6s, '89, JftJ
68,1900, A. ftO.
do

USX

N.

do
99

10

68,gld,1900,J.ftJ.

Ceo. Ohio 6b, Ist ia.,'90,M.ft S.
W.Md.«a.lstm.,gr.,'90,J.ftJ.
do 1st m.,lS90,J.ft J .. 118
do 2dm.,guar., J.ft J

—

100
do lid uL.pref
do 8dm..Kr.by W.Co.J*J
do 6s. id 1(1.. guar., J. ft J.

Mar.

ft

Cin.

do
do
Union KR.
dfi

is.

2d.

'9i.F.i

M.ftN

S<i,3d,
Ist,

A

...

!1«M

lOS
18S

87

J.ftJ

goar., J.

ISS

18^

ft J..

Canion endoraed.

4aN iia

THE (!HR0NU:LE.

98

Railroad Earn iiigrs.— The latest railroad earnings and the
from Jan. 1 to latest dates are siven below. The statement includes the gross earnings of all railroads from which
The columns under the heading
returns can be obtained.
"Jan. 1 to latest date" furnish the gross earnmgs from Jan. 1
the second column:
to, and including, the neriod mentioned in

totals

—Week

^Jan.

Latest earnings reported
11S51.7.35

ii!10.82l

Atoh.Top.AS. Fe.Juno
Bo3t.& N.Y.AIr-L.Mav •
Bnr.C.Rap.&No. .2d wk

1,186.000

747,012

flute.

$344,022

St.

Louis.lst

.Inly

wk July

.

.

Avernge amount of

—

lio.545
'23.216
22,30.j
31.3.57 1,078,515 1,044,929
37,730
180.494
7..5n:l
213,1,18
9,103
Cairo
2 003.00O 1,724.930 10.770,133 8. .'•-04.692
Central Paoiflc-Jniie.
1.2i19,2Sil
1.259,030
214.2.i.5
241,305
June
Ohio
&
Ches.
CWcaco & Alton 1 at wk J jly 141,139 1 flb.SOO 3.313,476 3,590.000
1.679.45.) 1 ,909.027 7,014,744 7.970.049
Chic. Burl. & Q. . .May
582.800
24.2.17
821.691
28.483
Chte.&Kaat. 111.. 2ilwk July
019.944
723.639
0.670
20.947
Clilc&G.Trk.Wk.enfl. Jaly 9
Chic. Mil. A St. P.2(lwk July 301.000 216.428 7,846,000 5,0,14,072
3H9.539 9,820,563 9,225.392
Chic. & Northw..2(lwk July 415,009
5 4.691 1,858.920 1.44"). 519
89.497
Chi.St.P.Min&0..2iI wk July
370.305
20.020
13,375
453,650
Chic. & W. Mich 3(1 wk June
188.250 200,332 1,068,186 1,083,793
Cin. Ind.St. L.& C.June
461.100
15.685
503.089
18.851
Cin. & BprinBf. .2(1 wk July
85,774 2,147,813 2.072. 81S
80.19^
Clev. Col. Cin. & 1. 2d wk July
218,120
6.294
6,008
209,865
Clev. Mt.V. & Del.l.st wk July
78,170 2.821.981 1,210.541
Denver <fe Rio Gr 2d wk July 131.920
140.413
7.764
6,583
170,009
DesM.&Ft.Dod2e.2a wk July
18,279
21.910
Det. L.ans. & No ..2d wk July
517,127
16,675
502.175
Dubuque& S.Clty . 1 st wk July 23.391
267.833 239,888
June
Eastern
873,234
30.418
23.763
999,332
EastTenn.V.&G .l.^twkJuly
795.872
24,306
903.889
29.737
Flint & Pere Mar. 2d wk July
GrandTiunk.Wk.end.Apr.30 215,290 181,138 3.473,119 3.257,331
104,395
90,378 2,781,196 2,570,661
Gr't Western. Wk.end. J'ly 1
6.200
8,517
Gr'n Bay & Minn.lst wk July
50,490 1,103,716 1,237,534
43,755
HannibalA St. Jo. 2a wk July
44.000
5,374
60.013
13,813
Houet.E.iW.Te.x.June
55,691 1,818,889 1. 502.98
Hou8t.&T6xa8C.2dwk July 62,309
543.201 2.920,727 2,809,792
003,6 1
Illinois Ccn. (111.) .June
739,278
801,274
1.57.740
133,530
(Iowa). June
Do
577.891
21.031
18,497
599,759
IndianaBI. &W.. 1st wk July
Do Ohio Div.lstwk July 16.241
766,632
43 0!3
26.898 1,234,535
Int.&Gt. North.. 2d wk July
June
88,918
73.531
Iowa Central
504,429
15.596
658,243
25.776
K. C. Ft. 8.<feGulf.3dwk Juno
507,934
28.803
27,992
672,186
I^akeErie* West. 2d wk July
140.551
30,077
134,185
33,857
Louisa, ife Mo. R. April
100.100 5.100,305 4,018.031
Louisv. & Na8hv.2dwk July 183.000
527,744
614,593
18,807
Hemp. & Charl. .2d wk July 24.570
99.600
117.182
3.923
3.895
Mem?. Pa<l.&No.l8twk July
197,612
6,219
261.801
11.49
MILL. 8h.& West. 2d wk July
284.334
19,708
428,299
Minn & St. Louis. 3d wk.Tune 35.287
61.277 2,302,082 2.045,122
98,739
Mo. Kans. &Tex.lstwk July
99.721
Mi-ssouri Paciftc 1st wk July 130.434
Mobile* Ohio.. ..June
132,692 117.272 1.109.523 1.009,124
154.549 144.130 1,079,223 1,024,630
NasUv. Ch.&St.L. June
N.Y.Ceut.&Hud March
2,668,250 2.854,835 7,306,420 7.705,079
N.Y.L. Erie* W.May
1,770,891 1,592,544 8,202,411 7,429,252
801,374
N.Y.&N. Enel'd.May
215,271
183.701 1,007.560
N. Y. N.II.&Hart.April
457,680 384.483 1.724,100 1 ,470,003
474,373 340.644 2,286,718 2,053,194
N. Y. Pa. & Ohio.. May
Norfolk & West.. 2wk8 July
972.958
70.444 1.000.702
72,952
Korthcm Central. May
465,588 329,788 2,174.579 1,790..597
Northern Paciflo .2d wk July
94.764
54,481 1.403.S79 1,043,387
Ohio Southern
1 st wk July
5,544
Oreg'u R. Nav.Co. June
359.125 369.4O8 1,754.377 1,500.908
Pad.&Eli2abetht.l8twkJuly
187,793
7,400
6,331
234,978
Pennsylvania . .May
..3,850.897 3,417,916 17,746.402 10.212,595
PeoriaDcct Ev.4thwkJ'ue 13,332
175.919
12,597
279,317
Philadel. & Erie.. May
343,742 311,470 1,372,442 1,443,774
Phlla. & Reading. June
1,707.295 1,398,536
Bt.L.AIt.JcT.H. ..2dwk July
22.839
29,091
767.880
637.728
-Do
(Brchsl.2dwk July
11.230
331.787
12,052
388,651
Bt.L Iron Mt.<t S.2d wk July 133,000 112,667 3,586,227 2,833,194
Bt.L. * San Fran. 2d wk July
57,.549
41,390 1.571,791 1,193,505
Bt.P.Minn.&.VIan.2d wk July
89,930
64,488 2,122,521 1,557,433
Scioto V.illey
2d wk J uly
9,079
9,032
182.037
150,704
South Carolina. ..May
66.193
513.024
457,160
58,113
Boutheru Pacitlc.May
503.000 443.958 2,015.300 1,811,707
Tejcas & Pacilic ..Istwk July
73.967
45.338 1,727,35a 1,193,704
Xol. Dclp. & Burl. 3dwk June
7,115
3.234
Vnion Pacific ....11 dys J'ly 950,660 033,344 12,485,242 11,089,483
Vlekaburg A Mor.May
30.603
Wab. 8t.L.&Pac. 2dwk July 268,152 274,962 0,732,437 6,836,108
" 5 Iter cent basis iu 1381
6 per cent in 18S0.

&

.

.

.

.

XXX m

New York City Banks.— The tollowing statement shows tke
condition of the Associated Banks of New York City for the
week ending at tht commenceaiBnt of basiue.ss on July 16,
1881:
Bania.

Capita;.

1880
$285,900

1881.

1830.

1881

or Mo.

Ala.Gt. Sonthem.Jime

1 to latest

[Vol.

Net

Loans and

SpeeU.

discounts.

.Sew York

Manhattan Co...
Vierchanta
VIechanica'

Ph(Bnix
3ity

Fulton
::hemical

Merch'nts" Exch.
Sallatin Nation'l

Butchers'ADrov.
Mechanics' & 'f r.

Seventh Ward,,.
State of N. York.

Commerce
Broadway

2,000,000
2.050,000
2,000.000
2,000,000
1,200.000
8.000.000
1.000,000
1.000,000
1.000.000
600,000
soo.ooo
1,000,000
1.000.000
300.000
200.000
200.000
600.0CO
800.000
800,000
5,000.000
5.000.000

•J.559.000

S.eSja'K)

2.873,300
i.ios.ooc
1.611.000
1.013 700
2.877.400
7S3.U00
3.946.90U

8.:J74,200

3,53

8,N0;i.i)')0

[rvinK

Metropolitan
Citizens'

—

1-43.800

3,981,000

719,40t:
; 24,900

600.000

Nicholas

Continental

1.000,000
1.000.000

3hoe & Leather.
Corn Exchange..
Oriental

300.000
400,000
1,500.000

Marine
[mporters'

& Tr..

Park
2,000,000
Mech. BkK. Ass'n
500,OOC
North River
240,000
East River
250,000
Fourth National. 3.200,00c
Central Nat
2,000.00c
Second Nation'l.
SOO.OOC
.Vinth National..
First National..

1.44.'.800
l.Bsa.lJOO

19.2ii3.i»)('

40a.500
164.000
18.900
621.900
222.20U
774,700
a.Sis.uoo

U,Oi4.2o(

4.9I3.'200

1.082.0W
1.0!".il)0
3.3*-<,500
1.I:47.'I00

3.5.)1,3'>J

S.KiO.rtiKJ

C.lfJ.oOO
2.o5!),400
5.81il,.o,)C

Qerm'n Amerlc'n
Chase National..
Fltth Avenue...

German Exch.

.,

(rermiinia
U, S.Nat

Total

3.4;;j.:oc
1.47i),0i)lj

3,2:l.90C
8,944,000

l,007.'.l,)0

95!,0o0i
1.07fl,yo(

21.-^0I,2jC

<il,

9,073.»00
3,O7.i.C0C
0,4;'.0,0,)C

ls,ao:i,Too
7.137.700.

1.523,N0O
l.B'2i),40il

i.yao.ioo
2.i!r)2.8o

1.778.9)0

l.>58S,iO0

426510

WiM:2i)]

33,700
91.700
835.200

1,1,M,70C
3,013,800

162,700 .'48,741.4

1

1.18-.>.50C

10.89.J,400

1.064.600

4.733.300
7.391.700
2,923,900
8.767,400
3,073,000
1.721,200
3,355.300
8.789.900

900.000
879,200

2.003.20'j

14.988.000
2.354.800
2.392.800

1,121,209

45,000
5,400

795,100
428,000
2,250,000
-297.200

3.900
450.000
447,800
460,000
4.600
763,200

2.5-18.500

1.821.300
3.5O4.O0O

'i'.S.OoO

102.000
113.300
375,100
87.000
311.900
711. 200
12.40U

2.7-27.000

8.102.100
1.9-37.800

1

4.899.000
25.736,600
'23 3I3.00C

45,000
1,090.900
45,000

82'..Ol>0

101,0,3C

1.148,4i)0

10i,80O
824.900

,373.10c

233 300
810,000

22.440.900
9,038.000
3 ',2.000
3 8- 1,00c
378.700
7.370,400
370.500 18.884,800
8.044,8)0
291.0.X)
1.237.800
]08.90o'

*,.287.0t;0

1.374.0(X)

373.l'(yj

45.000
678,200
487.400

270.000
220.200
180,000

1.475.10c
1.748.50C
2.472,10c

4-30,900
90.03IJ

8'25,SO0

4.29<.8o0

407,700
800.000
281.800
174.000
2.700
481,500
34,300

1.081.000

239.100
201.000
281.700
12 ;,800
18 '.200
63.900

28.000
141.900
5.609.300
I.OJI.OJU
691.000
2.082.700
4.329.400
1.811,000
214,200
37,000
41.400

7*4.200

2.865.HO0
1.043.500
3.534,000
1 4.UH5.O00

1.048,400

240.BIK)

1,100

267.000

1.835.-200

10'.l.4oa

937,800
BS9,100
5.S05.OO0
383,000
278.000
•i.vus.w,
539.800
2.01) l,«O0
833,330
3,443,000
e;3,03o
4,-iil9.00C
844,000
7.450.30C 1.965.100
2.079,201
33.900
3.8J3.000 1.827.000
22.4iU,Si)0 6.8f5Bl)0
19.129.000 5,387,800

495.000

380,000

27cfS.100

583.000
073.000
271.600
210.800
157.500
271.500
159.300
108,400
183.000

1.045,300
;,n47.8oo
510.500
1.131 900
702,500
111.800
857.000

tion.

3,7-.5,80C

51.30C.

2,99.).H|;o
14.9.35.li)0
2, '.75.700

750.00C
SOO.OOO
1,000.00c
300.000
260.000
200.000
750,000
800,000
100,000
203.000
200.00c
600,000

Third National ..
N. Y. Nat. Bxch..
Bowery National
N. YorfcCoanty..

43.000
334.000
108.500
325.700
804.700
148.800
69.700
131.000
283.000
155.400

.000.000

500,000
500,000
500.000

468,>-00

4«l,»0(i

CHrcvJa.

S.

10.290.000
S.978.000
7.701.300
7.751.000
4.700,500
9.904.500
3.933,000
1 1.048.000
2.125.000
1.339,200
14,112.700

s-.'i.uoo

257.700
3.894.400

1,000,000
600.000

1

*
280,000
444.400
833.40C
300.000

3.310.8'M

3,000.0110

Market

than V.

1.7S3.I00
14.211, :)00

450.000
20J.030
700,000

People's

.110')

4.109.i)l)0

000.0001
l.OOO.OOOl
4-22.700
1.500.000

Chatham

1

4.9,S7,200

U.IJIS.UOO

I

Mercantile
PaclBc
Republic

3t.

11.1,3 '.00(1

(topt'j

other

Tenders.

204.0i)(

OI,80Q

5 53.1,70C
2 037 Or.C

82,3 IV
140.9
143,80

),'!

I.3.38.00C

1.342,301

•

460.000

3.6V6,400

0-),400

)ir918.933 17.03M,7.)l, 351.199.300 ,9.181,300

.

The deviations from returns of previous week are as follows
boans and discounts

Dec. »4,i:3.400| Net deposits
Inc. 4,2^-<,400 Clroulatioo

Specie
Legal tenders

'.

i

Inc.

774.400

Inc.
Inc.

:

11.351.300
SJ.IOO

i

.

;

— Quotations
the outside prices
Exchange.

for foreign

exchange are as follows,

The following are the
House
1831.

Mar.
"
"
"

5.,

.-39.3.485,400

!2,,

.299.-^53.900

..300.177..WO
26. ..303,922,000
19.

May

"

Jane

14,
21,
28,
4,
11
13..
25..

"
"
"

2

..

Paris (francs)

Amsterdam

5

(guilders)

23%a5

33''8a
•J4I6S

Frankfort or Bremen(reichmarks)

2058

5

40%

94I2

®4 83I3
20 ®5 18%
40isa

4038

9454 9

95

y. S. Siib-1 reiisiiry.— i'he following table shows the receipts
at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week:
B'ita}ices.

Payments.

$

July 10...
744,951
"
18... 1,307.393
" 19... '1.479.139
"
-20... '1,108,274
"
21... •1,117,022
"

22...

1,479,33S

S
73
10

33
35
54
11'

1,537,895
1.769,777
1,092,133
1,047,353
1,094,529
1,372,300

Currency.

Coin.

$
67 72.001.030 01
51 71,959,334 O-S
99 72.282,270 82
10 72,333,302 50
35 72.427,10) 93
34 72,432,000 35

5,319.237
5,049,009
5,113,132
5.122.463
5,141,055
5,193,790

Total

88

—

—
—

57,IVH.900

.-347.494.900

.348.568,808
.345.4-,10.7(jO

.850.491.100
,848.744,400

13,-33-.3.-300

2;4.t4;.800

1-3.488.800
1-^.241.200

271.88^.,-500

13.9:M.500
12.710,500
13,473.700

273.5S8..30a

I:t.4-38.600

283.8-31.100

277.931.803

275.493,400
232.733.500

1

5.4 43.,>90 1-341.0)0.579

15.468.100 '.02o,907.9>15
13.771.100 81-3..503.631
16.8,10.300 774.834.705
18.713.500 930.448.209
18.709.000 815.i':M,4S2
18.880.200 724.179.359
17.217.400 973.-383.389
13.800.100 879.882.835
18,664.200 1144.478.789
18.598,900 :078.'a32.('85
19.I35..300 1212.847,9^2
19.801.200 1198.7-38,141
19,263.800 9in.3;)1.800

14,413.300 293.853.000
13.784.700 2y4,5)8.-300
18.024.800 305.0.i3.900
17,134,100 318,818.400
17..373.000 3-38.811.700
79,134,80i) 18,8:«,300 8)3,1,83.300
76.03-3.100 18,.325.30O 339.548.830
78,902,800 H.313.SO0 345.843.200 19.-333.100 978.180.859
73,811.000 18.474.800 344..M7.800 19.305.300 1019.215.091
77.1.91.300 18.032.900 313.610.800 19.144,300 933.507.156
78.413.800 17.11-3.300 348,488.100 19.178.300 914,724.597
77.733,.500 18,234,300 349.813.000 19.149.200 831.848.902
81,918,900 17,058,700 331,199.500 19.181,300 344.316.881

73,348,500
70,337,700
80.318.500

—^The follswing are the

totals of the

Boston

banks for a series of weeks past
1881.

Apr. 18,.
" 35..

May

2,.

"
"
"

18..
21,
30,.
June 8,.
• 13..
"
20.
" 27..
July 5..

"
"

11

.

18.

Loans.
«

Specie.

146.120.200
148,037,100
147.667.400
149.674.90D
150.338,500
150,124.100
161.094,400
152.848.300
151.296.400

8.034.800
6.592.000
6.643.200
8.744.400
8,843.400
0.678.700
7.3O3.70O

L. Tenders.

7,984,-;00

7.853,900
8.2^0.100
8.457.100
8,837.800

15.1.957.'«0
15-'.637,000

180,767,100
181.388.800
183,121,500

11.111.900

9,848,100

t
2 434.400
2.769.100
3,027.700
:).U7.300
3,039.100
3 938.-300
3.294,700
!.380,100
3..3-3.',500

1.174,300
3.812,900
3.577.900
3,295,800
3,3)9,300

Deposits.* Ctrculation. Agg. Clear
*
*
*
79,105.341
30,484,400
88,889,300
77.582.-334
30.834.300
80,121.3.30
80.149.-457
30.823.000
91.451.900
30.7:10,6*3
95,227,924
93.931.930
83.403.247
30,93 ).9O0
98.01 1.7W
92.454.599
80.997.100
98.513.900
96.881,371
30,478.600
101,651,500
92.862.818
80.822.700
108.244.700
a"
"8a
800
87 808 598
87.808.598
30,989.600
109.751.500
83.984.803
30.715.200
114.58,3.700
88.471.027
30.773.100
118.103.800
30.942.100 104,78'.».730
112.983.200
83.072.711
30,981,500
113,195,800
31,074,600 91,988.465
114,038,050

15

97
42
19

07

7,290,619 32 7.824,054 03
-Includes «100 OCX) gold coin received from San Francisco
Mint.
""* quotations in gold for various coins
g»Te«1gn».......:$4'93"
•TOJeJcnT
«j, si'"^*
ili's?
Silver I49 and >a9.
99^3 par
K»pol8onB
S3 3 3 80
Five franca
92 ® — 04
X X Reichmarks. 43 72>4®
4 76I2 Me.\icar. dollars.. — 87 i* — 89
XGuilders
302 ® 3 »7
Do unoommerc'l. — 86 » — 83
8nanliI)oi!bloou8.15 55 a 13 75
English silver
4 72 ® 4 80
Mex. Doubloons.. 13 50 ®15 60
Prus. silv. thalers,
68 a
69
Finesilver bars .. 1 113^8 1 ij^ U.
8. trade dollars — 09i4»
99i>e
Fine gold bars. ...
3
par
14 prem.
U. 8. silver dollars — 99'e» par.
Dimes dt >a dimes. — 99>39 par

—
—

.8-34.192,800

.332.025,700
.841.091,900

Boston Banks.

and payments

Receipts.

.310,-30.000
.317.730,900

9.. .85-3.858.800

18..

4 83

39.533.I.IX)

..800.28-<,100 37.811.0:X)
9.... 303.244.400 80.1-39.800
18,... 308.383.400 82.>-19.300
'33.... 305,717.800 68.801.-300
30,,.. 804,433.200 89.2.S9.400

4 8li«a4 80

4»3i2®4 84

54.894,100
55.S8a.000

April 2

July

Demand.

Sixty Days.

Prime bankers' sterling bills on London. 4 82%3154
Prime commercial
4 81»3a4 82
Documentary commercial
481 ®4 8l>2

-

Feb. 12., .317,139.100 87.800.600 15,518.030 307.9-34, 00 18.3)2.300 947.312.074
- 19,. .3-30.807,300 95.349.800 U,.»S?.-300 307718.103 1^.-351.530 1103.482.325
' 23.. .3ie.6S4.400 58.0.4.'J00 15.048,030 298.5(7.303 16.131.830 1143.978.543

being the posted rates' of leading bankers^

Jul;/ 22.

New

totals of the
York City Clearing
Banks' returns for a series of weeks past:
Loans.
Specie.
Depntts. Circulation. Ag}. Ctsar
L. Teniera.
*
«
«
«
t
t

Including the item " due to other banks."

'

Philadelphia Banks.— Tha

totals o[ the Philadelphia

banks

ire as fullowg:
Loans.
1881.

Apr. 18..
'•

May
•
"
••

25..
2..
9..
19..

23..
30..

June 9
••

"
"

July
"
"

.

13

.

20.
27..
5,.

U

13,.

L. Tenders.

Deposits.

Circulation.
*
10,134.931

Ago. CUar.

10.1'33.3.59

61.880.874
46.155.949
58,073.475
51.582.837
69.185.828
62.214.688

t

t

*

72.303.791
73,435.827
74.233.494
75.10 >.003
74.801.575
74.542,679
75,349,439
76,912,564
79,471,207
77.941,988
78.189.848
78.184.995
77.-81.819
77.384.707

18.914.81)3
19,-384.088
19.808.5-23

67.039.340
67,301,923
68.373.685

18,908.813

e».027.S(/9

10.4 73,543

l'.l,454.1«8

68.609.105
70.497.538
74.588,803
74.983.944

10.334.183

21,210.584
23.i;4.3>3
21.730.065

10.284.808
10.-319.090
10.-3S7.410

44097.189

10.243.210

56.429848

23,2.50,387

74.0:13.519

10.478,00-)

21.930.180

74.501.77J
74.343.055
74.019.912
74.288.993
73,138,734

10.473,874

62.579.680
69.077.948
65.580.970
81.329.588
50.87:.030
50.750.355

21.931.0-38
2t.3-18.243

21.913.714
22.313.493

10,447.1,53

10.408.727
10.319.870
10.283,771

JotT

23. 1881.

THE CHRONICLE.

i

Company, has been organized with a view

to parcbaslnK the
was sold under a foreclosure proceeding instltatcd
by the Union Trust Company of New York. One handnid
thousand dollars wa-s paid m cash to meet existing claims and

JuuestincMts

road, wliich

AND

STATE, CIT» AND CORPORATION FINANCES.

the balance in secured bonds.

The iNVBSTORd' SuppLB.MK.NT eoiitiHut « Complete exhibit of Ih
Funded Debt of Stateii and Cities ani of tht Stoiks and Bands
11 it pMithei on. the lant
of JtaUro'iU and other CimpnnieH.
Baiuriay of every other mo\t\—mz., Februiry, April, Jane,
Augmt, October and Dectmber, ou'i i» furnielud withmt extra
charge to a'l regular nubteribtrt of the Obbosiolb. BingU copies
are told at |2 per copy

ANNUAL REPORTS.
North Carolina Railroad.
tfie year endin;/ May 31, 1881.)

(For

The President's report, just issued, gives the following receipts,
expenditures and debts of the company, up to the end of the
fiscal year, ending May 31, 1881
:

$271,3-10

Korpipf" from

all sources
fiir tlio \s-M, incluillnf iimoniitai)»id in

settlement of
claims, expenses of directors, Hnauoe committee, leijal
$<J,S84
exi>en»ies. Ac

Expanses
olit

Amount

19,821

paiiUntcreat on debt

26,706

$241,6:11
Leaving a balanoB ot
wliicU lias been applied to payment of dividends, &c.
DEBT OF THE COMPANV.
Total debt of the compauy reported at iMt annual meeting
$395,701
was

—

Tbe present debt

From

$377,203

Is

wliicb deduct assets oa stiown by Secretary's

129,062

report

And we have the aetu.nl
In the amount of $377,203 debt

debt unprovided

for

$248,141

of the company is included
$120,000 dividend declared but not due until September 1,
1881, which will be paid out of the semi-annual rent due by
the Richmond & Danville Railroad Company, July 1, 1881. Of
the above amount $129,062 assets, $.5,195 is cash and cash items
amount due from Rev. N. H. D. Wilson, former trustee,
$22,703 assets in hands of Major John W. Graham, trustee,
;

making a total of $117,376.
the reports lof experts it is known that the lessees
& Danville Railroad Company are faithful to
their contracts ic keeping the road and other property in as
good condition as when leased, and as required by the terms of
the lea.se. The securities deposited by them as collateral to
secure the payment of the lease mtney remains the same as
previously reported, and are considered amply sufficient for
their feciuirements. They consist of $70,000 first mortgage
bonds of the Richmond & Danville Railroad Company and
$208,000 first mortgage bonds of the Northwestern North
Carolina Railroad Company. The dividends of 6 per cent per
annnm are regularly paid on the stock.
The following statement shows the receipts and expenditures for the year
$89,477.

From

—

the Richmond

From lease of Xorth
From Interest
From renta
.;

RECEIPTS.
Carolina Railroad

$260,000
9,182

718

".

;

Fromrcal estate
Total

1,439

,

$271,340

r-...—
BXPENDITDIIES.
.

Salaries

$4,050
1.072

Legal ex pcnses
TraveliiiK expenses and other incidentals
Lossiind iliimaKe

1.2.52
;i3

Advertisinf, stationerv, Ac
Interest, lucmiura and discount
Repairs of buildings

2,)0

19,821

36
184
214,634

Tax account
Balane* receipts more than expenses
Total

$271,340

GENERAL INVESTMENT NEWS.
Atlantic

& PaciBc— The i?o.s<'>7i4do«;-tt*«r states that the
& Pacific have sent to Washington

engineers of the Atlantic

have been completed, and says that
mortgage and $3,750,000 income bonds will soon

certificates that 200 miles

$5,000,000

be

li.sted

first

on the StocK Exchange.

Boston Water Power.- Water Power

The company has

99

9%

sells at
and 9^.
just received $70,000 for 56,000 feet of land at

Canton Company (Bait.).— The statement of this company
for the fiscal year ending Jlay 31, 1881, is as follows: The
receipts of the year were about $6,000 in excess of last year
and the expenses show an increase of abont $9,000. The
increase in expenses was in the item of taxes and water-rents,
which were in 1880 about .$7,000 and in 1881 abont $16,000. The
corapany received during the year from sale of stock of Chemical Co., $11,875, from .safe of real estate $184,174, and from the
Union RR. Co. (on account of money advanced by Canton Co.),
$80,600. The $184,000 received fro-n sale of real estate wan
handed over to the trustees of the Canton Company mortgage
bonds, and an equal number of bonds were drawn, redeemed at
par and canceled, as provided for in the deed of trust. In
addition to the real estate owned by the Canton Company,
some 2,500 acres of land and improvements, the Company
owns Union Railroad stock $J94,0O0, notes of Union Railroad
for land purcha.sed and loans $508,236, and annuiti-s at 6 per
cent, $772,105. The receipts for the year 1830-81 were $89,126,
against $82,682 for 1879-80. The expenses were $38,949 in
1880-81, against $29,502 in 1879-80.
Chicago & Iowa.— A dispatch from Rockford, III., July 14,
says that the Chicago & Iowa Railroad Company, through their
attorneys, are taking testimony as to the first mortgage bonds,
showing the ownership of them, with a view of taking them ap
under an order they expect to obtain from the court.
Another dispatch states that the Chicago & Iowa Railroad
stock held by the city of Aurora, Ills., will be .sold at auction
on Saturday, July 23. The par value is $100,000 and the upset
price $130,000. This has been decided to be the valid stock in
the Chicago & Iowa Railroad and controls the organization of
the company and its 84 miles of road, from Aurora to Forrestown, making a very desirable link between Chicago and the
Northwest for a comparatively small sum. In addition to the
above this road has a disputecl claim on the Chicago Burlington & Quincy Road for a rebate on the freight transferred to
the latter road at Aurora under an old contract. The sum now
claimed is in the neighborhood of $600,000. The road is now
in the hands of a Receiver and will be transferred to the purchasers of this stock as soon as the sale is made and a decision
of the court can be reached.
Chicago St. Paul Minneapolis & Omaha.—The following is
a comparative statement of gross earnings from January 1 to
July 14, including the earnings of the St. Paul & Sioui City,
which forms part of the consolidated road.
1880.
Piissengcr
Freight.

$407,461

993,018
22.153
23,573
22.109
9,609

1,367,325
20,892
29,221
27,641

Express
Mail
Rental
Miscellaneous

$1,445,519

Total

1831.

$37."),032

& West

Increase. Decrease.

$32,412
371,306

$1,202
5.647
5.532

6,374
$1,858,920

—

3,235

$117,898

$1,497

Michigan. The company are extending
their road north from White Cloud, and the iron is already laid
to the Big Rapids and Whitehall State Road, ten miles north
from White Cloud. The road will be completed to Nicholas
Lake, six miles further north, by Septemoer 25 next. The
objective point is Butler's Junction on the Flint & Pere Marquette Road, there connecting with the road now building to

Chicago

Manistee.

Chicago Milwaukee & St. Pan!.—The directors of St. Paul
have voted to issue $5,000,000 of new stock on the 1st of OctoCommon and preferred stockholders of record on September.
ber 20 have the right to subscribe at par. They must give
notice in writing, on or before October 15, of their intention to
take and pay for the stock. Payment may be made as follows:
25 per cent December 7 and 25 per cent January 27. Stockholders shall have stock to which they are entitled at time of
several payments, except that holders of 100 shares or less may,
at their option, pay for their proportion at one time. Transfer
books close September 20 and re-open October 25.
The Chica!go Times has the following: The earnings of ha
Chicago Milwaukee & St. Paul Railway for the first half of
1881 nave been used by the officials in preparing an estimate
of what the probable net income for the entire year will be.

—

The following figures present several interesting probabilities:
KarninKS first half of 188i>
$3.447,.'M)0
Earnings second half ot 1880
7,638,100
Total
EaruiDBsflrsthalf of 1881

$13,086aOO
$7,120,000

1.672,200
Westland avenue and West Chester Park. The money will go
9,929,530
toward the payment of the coupon of last December upon the
$17,048,530
Water Power bonds. A decision from the Supreme Court is
Estimated income for 1881
expected, and which will give the company $76,000, which can
The increase for the last half of 1881 is, however, certain to
be used to pay the June coupon. The sale of the 8,583 shares of be more than 30 per cent, and will undoubtedly be fully 45 per
Water Power stock at $10 per share relieves the company of all cent, as the July earnings so far are over 50 per cent. Takmg
indebtedness outside the $2,148,000 first mortgage bonds. The this as a basis, the income for the year 1881, net and gross, is
capital stock of the Water Power, as increased, will stand 94,416 as follows
shares.— Bonton Transcript.
$7,120,000
Actui.1 earnings of first h.'Uf of 1881
Earnings of second half, at 45 jwr cent Increase
11 ,075,250
Cairo & St. Louis.— The Cairo & 8t Lonis RR., mnning from
St. Louis to Cairo, a distance of 152 miles, was .sold at SpringTot.ll gross income
$l8,175,2SO
$10,917.1.50
Deducfing 60 per cent .i]>eratlng expenses
field, 111., July 14. to Charles J. Canda and J. A. Horsey, of New
4,207.400-15.124.530
Deducting interest un bonds
York, in behilf

of the bondholders, for $4,000,000. It is understood that a new corporation, the St. Louis & Cairo Railroad

Inerease...,
Esliniated earnings for last half of 1881

Net

to stock

$3,070,700

THE CHRONKJLE.

iOO

[Vol.

XXXIH,

Company. At a meeting of the board of directors of the
former company, held at EvansvlUe, Mr. F. W. Huidekoper was
The road will hereafter be run as the
elected President.
Evansville & Terre Haute division of the Chicago & Eastern
Illinois Railroad Company, and is 108 miles long, independent
of its several branches. It was opened between Evansville and
wliivie exhibit.]
Terre Haute in 1854, the present name being adopted in 1877.
CincinIndianapolis—
&
Cincinnati
Coliimbns
rieveland
A large interest was held until recently by the city of Evansitxti Hamilton & Dayton.— By the consolidation agreement of
The union of this road with the Chicago & Eastern Illiville.
Indianapolis
and
the
Cin&
Cincinnati
Columbus
Cleveland
the
[The above estimate wonld carry more weight

if

some

facts

given as to the operating expenses for the fl rst half of
IMS I. These can now be ascertained as well as the gross earnings, and to slate the earnings only and say nothing of the
confidence in the
t^x rwnses in the first six months of 1881, shakes

•»v.

lu

cinnati Hamilton & Dayton Railway companies, the authorized
capital stock of the new company, to be known as the Ohio
Railway Company, will be $20,000,000. One of the articles of
agreement provides as follows: "Eighteen million five hundred thou.><and dollars only of said stock shall be issued forthwith after such consolidation shall be perfected. The remaining shares of said capital stock over and above said $18,500,000,
or any portion thereof, shall not be issued until authorized
by a two-thirds vote of the directors of said consolidated company present at any regular or called meeting thereof. The
:$1S.5 00,000 stock of said new company shall be issued in
exchange for an equal amount of stock in the above-named
companies, parties hereto, upon the surrender and cancellation
•of such stock in either or both of the companies parties to this
agreement; and be board of directors shall have full power
And authority to fully carry into effect this consolidation agreeiujent ; to .settle, compromise, or otherwise adjust all claims of
stodkholderb in either of said companies parties hereto to sell
and dispose of such stock, if any, in the company, as may be
necessary for them to settle, compromise, purchase or otherwi.-^ cancel the stock of any stockholder or stockholders in
either of said companies who may dissent from or refuse to
acquiesce in this agreement, and to exchange his stock in either
of said old companies for stock in said new company."

under one proprietorship, gives to Chicago a trunk line to
the Ohio River, and to a connection with the Louisville and
Nashville railway system.

nois,

Fort Wayne Muncie & Cincinnati— White Water Valley.—
The Fort Wayne Muncie & Cincinnati and the White Water
Valley roads will be sold on the 27th inst. It is said that the
superintendent of the Wabash went over the roads last week
for the purpose of inspecting their condition. iV. Y. World.
Kentucky Central. The Iventuckv Central Railroad Company, by its President, M. E. Ingalls. has filed a mortgage deed
to George T. Bliss and Isaac E. Gates, conveying to them in
trust the main line from Covington to Lexington, and the line
from Lexington to Livingston, now in process of building, with
all the machine shops, water stations, machinery, engines, tenders, and all other rolling stock whatsoever, and all franchises,
privileges, &c., to secure the payment and extinguishment of
bonds of the Covington & L-xington RR. due March, 1883, and
June, 1885, amounting to .Jl, 010,000, for the payment of 5,000
shares of preferred stock, the extension of the road to Livingston, and the discharge of all existing contracts and debts
for which purposes the borrowing of money was necessary.

I

;

j&

—

—

The mortgage

is for $6,100,000, and bonds amounting to 0,100
each are to be issued to Messrs. Bliss and Gates, bearing date July 1, 1881, and payable in 1911. The interest is at 6
?er cent, payable semi-annually, in January and July, at New

.for $1,000

Columbns & Hocking Valley— Columbus & Toledo—Ohio
West Virg:inia. — The Cincinnati Commercial states that the

Cleveland syndicate which bought the Hocking system of raUroads has paid $.5,250,000 for stock at the figures agreed upon
—ISO for C. & H. v., 125 for C. & T. and 80 for O. & W. Va.
millions is the total amount of stock, and the stockholders have until the 6th of August to accept the above figures.
At meetings of the Columbus & Hocking Valley and Colum•bus and Toledo boards of directors, some of the old members
designed and new ones were elected in their stead.
A dispatch from Columbus, Ohio, July 19, says: "The new
directors of the Columbus & Hocking Valley, Columbus &
Toledo, and Ohio & West Virginia railroads, had a meeting here
to-day and resolved to consolidate the three companies into one,
to be known hereafter as the Columbus Hocking Valley &
Toledo Railway, The action will be submitted to the stockholders for ratification on August 2. As the directors who
voted t*-day hold a large majority of the stock, the ratification
of their action will be a mere formality. The stock of the consolidated road is to be increased to $20,000,000."
Columbus & Rome, (Ga.)—This road has been sold by its
owners to W. D. Chiplejr, as agent for "W. F. McCormick, of
Pensa«ola, Florida. It is of three-foot gauge, and extends from
Columbus, Ga., to Hood, thirty-two miles. The price paid is
said to have been about $250,000, including a payment of $40,SOO due the State

Seven

—

ork.

Louisville New Albany & Chicago.— A meeting of the
stockholders of the Louisville New Afbany & Chicago Railroad
was held this week, for the purpose of voting upon the proSosed consolidation with the Chicago & Indianapolis Air-Line
ailroad Company. It is understood that the consolidation v;as

approved.

Macon & Brunswick.— A

dispatch from Atlanta, Ga., July
the Cincinnati Taqin'rer, says: " To-day E. W. Cole,
George I. v'eney, and their as-sociates, who recently bought the
Macon & Brunswxk Railroad, tendered Governor Colquitt
$875,000, balance of purchase money. The road was sold at
auction by the State eighteen months ago, and was bought by
a company of New York capitalists, represented by R. T. Wilson.
Recently Cole bought it to complete his line to the sea.
The former purchasers agreed to pay the State $1,150,000, and
the tender to-day was for the balance of this amount still due.
The money will be accepted to-morrow. Cole will at once build
an air-line from Atlanta to Macon, to connect with the Macon
& Brunswick; ond iron is new arriving for an air-line from
Atlanta to Rome, connecting with the Selina Rome & Dalton.
These lines will be pushed to completion under two years. It is
thought that a direct line from Rome to Chattanooga will also
be built by this combination."
18,

to

Manhattan Elevated.

—The

legal actions

to

restrain the

East Tennessee Virginia & Georgia.—This company's bonds Manhattan Company from paying dividends to stockholders
and stock have been placed on the Stock Exchange List. The were called on Thursday by Judge Van Hoesen. Mr. F. N.
stock is divided into common shares $27,500,000 and preferred 6 Bangs asked for an adjournment for one week to give the
percent $16,500,000. The bonds are income, July 1, 1881, to run Receivers a chance to appear. The case was set dovm for Wedthirty /ears, interest not to exceed 6 per cent, $16,500,000 first nesday, July 27.
mortgage consolidated bonds, due 1930, interest 5 per cent,
The suit of the New York Elevated Railroad Company, to set
^22,000,000. Of the first mortgage consolidated bonds, there are aside the lease of that company's property and franchise to the
held in trust by the Central Trust Co. $7,509,000, to retire the Manhattan Railway Company, which was to have been argued
Mine amount of the outstanding divisional and sectional bonds. Thursday, was adjourned by mutual consent until Tuesday,
There are also held in trust by the same trustee $3,500,000 26th, in order that the Receivers of the defendant corporation
bonds to provide for ,the completion of the Rome Atlanta and might have an opportunity to appear.
Hacon division of the company's railroad now in progress, 173
Missouri Paciflc—The route of the Missouri Pacific extenmiles in length, and the company has contracts with responsible
sion in Nebraska has been located from Atchison, Kan., to
|»rtie8 for the completion of the division during the year
for Omaha. The new line will connect with the Union Pacific near
the proceeds of the funds so held in trust. The company owns
Papillion, Neb., and from that point to Omaha the trains of the
1.123 miles of railroad, of which 902 miles are in operation and
Missouri Pacific will run into Omaha over the track of the
the remainder Ls in progress. It also operates under a
lease for Union Pacific, and the probability is that from the point of
twenty yeare from July 1,1879, the lines of the Memphis
& junction to Omaha a second track will be constructed. Grading
Charleston Railroad Company, from Chattanooga to
Memphis,
Tenn 310 mi es, and the Florence and Somerville branches along the line in Nebraska will commence in a few days. The
idea is given out that the trains of the Missouri Pacific will be
20 miles, m all 330 miles, making a total of 1,232 miles of pro- able
to run into Omaha by January 1, 1882.— Chicaao Times.
prietary and leased lines now in operation, and
221 miles in
Morgan's Louisiana & Texas Railroad and SS. Co.
progress. The lease of the Memphis & Charleston
Railroad is Application has been made to
place on the Stock Exchange List
«n operating lea.se simply, and creates no moneyed obligation
the first mortgage 6 per cent gold bonds, due on July 1, 1920, to
aniDst the^a.st Tenn Virginia & Ga. RR. Co.,
;

aA
^•2^L

fno
a
purposes.

*®'^'"'

"o-npany.

K^^^.treasury
* "l^""•""
for

all net earnings
the amount of
the authorized issue being $1,800,000.
The company has The company's$1,272,000,
property consists of sixteen iron steamships, five

equipment and betterment
n''
'm
During
the nine months ended March 31,
1881,
the company earned $2,629,065 and its
net

$1,449,102.

'It is estimaTedTh'arthe"gross
earnings™" the yelr
S'?fei«°wv'h'*'-^^'-''^^^'^«'332.and thf neteSgs

^.'P^y t'l^ interest on the firet
li^iiJ
mort^e '^"'^v"'-''""'''"'"^
and the income bonds
leave a surplus. The
e^pany estimates the earnings ofand
the whole line when com""«• *t $4,166,000, and
S^^'$2'Z^nT.'°*^'°^°*^ earnings
sufficient for all inter?'*''«".'

S?^wJ, ',^'T' '^*"r^

S5itX^n^?h'e'c?^',Z!sTocr''"^^

"""^ "^

""«

'~^^^«

«»»<e-Cl'|cago & Eastern Illinois.The" EvanJIni! \^''t
^ "^ Terre Haute Railroad Company has been

fn.™.iiir
formally turned over

to the Chicago

& Eastern

Illinois

Railroad

of which ply between New York and New Orleans, nine between
Morgan City, La., and the various Texas and Mexican parts, and
two between New Orleans, Florida and Havana ports; also four
large ferry boats, tugs, dredge boats, wharves, warehouses,
and terminal facilities, besides nearly the entire capital stock of
the Gulf Western & Pacific Railroad, Texas Transportation

Railway Company, Buflfalo Bayou Ship Channel Company, and
a majority interest in the capital stock of the Houston & Texas
Central Railway Company, cS:c. It operates 216 miles of completed road in Louisiana, and has 44 miles under contract. The
capital stock

is $5,000,0()(), and, in addition to the 6 per cent
bonds, there are $5,000,000 first mortgage 7 per cent gold bonds,
due on April 1, 1918, issued upon the property of the company
with excpption of 106 miles of road forming part of the projected line from Morgan City to Alexandria, La.

JiXT

THE CHRONrCLE.

28, 1881.J

Railroads of tho United States In IHHO.— Advance

eheetfl

tlio introductiiiii to the fourtciMith itnntial number of Voor'n
Jldi/radd Matiudl have just bn-n received from the pabliHhera,
Messrs. H. V. & H. W. Poor, 70 Wall Street.
The introductory
e.sf-ay to the Mdiiual, written by Mr. H. V. Poor, is more extended than usual, and enibracies an elaborate argument in
favor of the railroad crompanii's, as against those who are inclined
.i.. .... -..j
to criticise some of these ci.ri
monopolies in tho territory occupied by them. M
iiment is ba.sed largely

of

—

i

upon the

exhibits of tonn.'i;;..
..r mile, vthiuh show so
large a decrease in the latter, (luring the past ten years.
The total number of miles of the railroads of the United
States in operation at the close of the year was 93,671.
The following statement shows the number of miles of railroad
constructed and in operation each year in the United States,
from 1830 to the close of 1880 inclusive.
i

Annual

Miles

Increase
Ouera"/
Tear.
tion.
Mileage.

Mil.s

Anniutl

lit

Increase

III

ISUO.
I8:n.
1832.
1833.
1834.

23
95

72
134

229
380
633

151

253
403
175
224
410
389
510
717
491

1.099
1,273
1,497
1,913
2,302
2.818

183.").

1830.
1837.
1838.
1839.
1840.
1841.
1842.
1843.
1844.

3,.'-.35

4.026
4,185
4.377
4,033
4,930

1S4.J.

1840.

ir,o

192
2 AG
297

i

.

i

OncraYear.

U'in.

1847.
1848.

5.598
5,990
7,305
9,021
10.983
12,908
15,360
10.720
18,374
22.016
24,503

184!».

1850.
1851
1852.
1853.
1854.
1855.
18.50.

1857.
1858.
1859.
1800.
1801.
1862.
1803.

of
Mileage.

Tear.

lion.

008
398

1864.
1865.
1,369 1806.
1,656 1867.
1,961 1808.
1,926 1869.
2,452 1870.
1,360 1871.
1,654 1872.
3,647 1373.
2,647 1S74.
2,465 1875.
1,821 1870.
1,846 1877.
651 1878.
834 1879.
1,050 188C.

2(!.9«8

2S,7S9
30,(i35

31,288
32.120
33,170

Mittuige.

33,008
35,085
36,801
39,250
42,229
46.844
52,914
60,283
66,171
70,278
72,383
74,096
76,H0S
79,089
81,770
86,497
93,671.

738
1,177
1,742
2,449
2,979
4,61.5

G,070
7,379
5,878
4,107
2,10.')

1,712
2,712
2,281
2,087
4,721
7,174

Below ia a statement of miles operated on lii.
rti.
ingsare reported, their capital Block and fn
^^
earnings, net earnings, freight earnings, pa.-,,.,,., .v,,u,..g«.
and dividends paid, for ten years.
,

*'''*•

OapiUitanil

OnerYear,

Funded

aleil.

1880
1879
1878
1877
1870
1875
1874
1873
1872
1871

dross
Earnhigt,

Debt.

84,225
82,223
78,960
74,112

$4,897,401,097

73,.'i08

4.168,591,935
4.415,631.630

71,760
60,273
06,237
57,323
44,614

5J90l2,9»n

4,580,»48.7»3

490,lo:i,3.-.l

187..-|7.'..

4,.'568,.5»7.2IH

472.909.272
497,257.959

IVoovi; larr

520.106.016
520,419,935
405,241.055
403.329.208
Passenger
Earnings.

2,001,627,645
Freight

Earnings.
$467,748,923
386,676,108
365,466,061
347,704,548
301,137,376
303.900,234
379.468,935

Miles.
1.039

Maiiit'

New

M..\ss:u-huHtitta ...
ElioiK- iHland

•.;10,931.785

906

Kew England States
New York
Now Jersey

.

291,430,322

Debt.

7.519.032
18,558.322

20,024,613

lii.iee.ooo

17,9(13,300

92,618,621
4,596.437
31,935,610

54,274,349
1,038,400
12,518,878

I'!-ii,la

e,07l! 48,756,609

31(I,:«8,G50
2,451,8!U

312,lll.'.,9«4

5,966
1,308
5,958

51.0L'7,36O
2,925,01M)

10S.O,-,y,098
j..-.(ii.ono

Kentucky
States..,

Ohio
Mlcbigau
Indiana
'..

..i|
'_]

.".
""

Colorado

12,662,818
8,752,080
6,536,273
22,058,817
3,429,037
5,576,940
557,611
1,965,918
2,334,277
2,700

N.-i:..la

!"!;

100,011,7.58

193,480,36
78,620,516
43,812,952
915,000

60,762,300'
49,044,100,
92,782,181
11,602,186

116,102,026
40,907,416
96,013,150
7,475,113
61,395,533
17,308,000

1,950,000
10,000,000
2,600,000
23,000,000
124,102,682
11,000,000

688
274

Pacific states

5.876

.36,697,920

474,900

1.52,800,239

180,086,282
1,4.85,111
8!>.(10],814

,1
,

172.652.882

124..-,()3,l.'-,3

0,7

3,300
5,109
9,862
3,900
2,672

9.9.137
357.907
.309,276

8.054,204
128.175
517,676

17,193[688

5,34e"i369

7,999,191

6,008,921

3,227,412

057,ii45

]»,7;i0.593

18,4.38,046

351

104,370,797
34,934,000

102,178,143
34,015,951

2,531

3,412,500
30.000,000
6,334,000
24,900,000
7,157,861

256,763,59(1

27,918,000
7,157,861

34S,!i28,096

1

.
1

3,412,500
29,609,621
0,304,000
24,900,000
268,300,047
17,014,734

340,190,902

OF

C.ItOtips

232,305
1,039,904

80,000
390,09*
840,700

48,317,764

18,124,034

8,000,691

3,525,977

62,314,749
19.297,776
31,813,948
71,289,543
15,482,639
9,353,880

24,651,2111
8,589,729 8,998,100
6.700,600
3,448,880 1,963,483
0,707,5191
4,512,686
646,718
37,332,122 11,087,788 11,921,938
6,140,109
3,710,058 1,937,863
1,4.^9,717
4,140,985
168,273

8.611,435
24,147.262
10,518,145
24,085.330
1,227,341
10,968,074
3,478,067

2,807,764
11,933.700
4,922,920
9,834,335
648,009
4,723,770
1,710,462

474

105
145
2,980

682
3,813

394,886
1,282,786
22,831,218
4,277,772

17,381,(1571

1, 124.s-l:i,l()9

108.517,053

1,9.32.246

1,166',278

5.174,473
908,877

3,612,006
1,947,195

5,,577,54S

525,738

352,700
1,710,701

849,200
49,474,773 33,117,690

180.340
242.250

eojUoo

331,140

180^000
3.406.8SO
316,83X

6..372.305

3.993.7as

6,608,5'

ST.VTF.S.

13,ll,'.(l,127|
314,M7l,',)K',)
312,121.003; O.OTli 4S,7,".,".,liO!l
53,501,738' l,55a,091,2I'.lil,242,l.'-.-,,044'l l.ssl 10!I,(MI3,71 >

'

177,308
449.747
8,418,396
1,740,666

28.736,6601 10.786.106

2(i(i,oo;i,s,-,,->

li52,582|

1,619^^

214,.S08
1.3.58,219

724,220,.S03

13,5-_'0.;«0

1,051,111
15.332
1,440,582

410,623

';,'_'2(i.5is!

1

314,806
280,443

984,497
2,082.587
4,037.131

ll.!MJ8,01H

- ;.490,937

998,108
407,431
631,231

928.423
1,048,488
3,429,013
99,071
1,870.789

04,050
2,137
3,326
1,950
3,462

4,000,010
1,536,000

7,999.191

;

504,512,330

408,».|0.,-,.-.l

l:;,,".

IS,

70,498,226 2,381. s:!8,272,2,290,20I,l',i7 l,-.,iilil
340,190,902j :i,S13
7,157,801| 348,328,090

IS,317,7.".
2.'(>„"iSS.l;"'
.

2.S,730,0U0,

102,489,909,5,108,241.906'4.663,609,297 84.2251015,401,931 l263.19S.436ll07.800.3g8!77.11S All

Gross receipts
Ope i-a ting expenses

MOSTU OF
Gross earnings
Working expense*

Net earnings

~$7a;907

$12,670
Itnpr.ivcm't account, N. W. Dlv.. 25,775

$838,140
$475,710
195.797
"0 144

Iron bridges

:!7;030
1.59.005

7,850
1,28(1- 77,350

$3,128

25,021—909,32

$71,174
Erie & Western.—The following is the
report of earnings for the month of May and for eight
months—October, 1880 to May, 1881, inclusive:

1830-81.

Intrcmte.

$1,542,54 4

$1,776,890
1,076,925

$lS4.84e

972,435

$620,103

$699,905

$70.65S

OCTOHEB TO
Gross

eiiriilngs

Working expenses
NetearnlngB

JtAY

879-80.

1

$2,103,908
1,265,821

Buriilus
IntertBt and taxes

New York Lake

Sil.L':!0,000

04,123,828
227,822,701

Nashville Chattanooga A. M, Louis.— The following shows
the receipt,s and expenses of this road for the month of June,
1881. and for the year ended June 30, as published in the
Louisville Courier- Jouriial :
Tr. eml. June 30-..

official

389

H1I.9.-4.215
l.S,-<,27l 1,231

16,918,000

Total liiited.'States...

New

0,495,,000;

170,.S50,()29

1,462,500
20,000,000
3,734,000
1,900,000

168.517.633

\y 7,3115,5221

5,ll.->!l

l,n.:!:i.-

Routluni states

NcweiiKines
ge";'"'"
Real estate
Excess of exiienacs

49,070 .7'JSi

1,896
1,406
1,224
2,515

109,239,203

KKC.M'rni.ATllIN HY

raiili( stal.s

Stoc*.

i

1„589.896
1,209,910
1,188,044
9,221.102
424,2:_
3,559,855

1,180,496,937 1,124,843,109 !;70,498,226 2,381,838,272 2,290,201,197 45,910 290,688,190 125,166,218

2,828

Wasiiiugtou Tcnitoiy!!

-'2,476,965

38,921,254
16,000,000

064
384
815
822

.

Vtali Territory......;."

468,940,561 13,548

493,509,847
130,080,961
213,402,348
390,922,563
162,607,676
194,624,834
1,48.-,, Ill

432,263

17,381,967

1

111,460, 070
2.3,807 ,234
30,424 .050

326

529,054,562
148,203,324
229,024.996
448,954,915

69,'J22,157

205,564,719
05,388,042

231,415.733
70,845,786
130,696,390
12,500
48,987,976

204
1,117

604,612,330

1,544;539

200,909,865

15,381,6,33

3,8.nl..591

78,027,407
11,020,022

78,102,,210 1,0,
S,17(i,,072
376
711
44,809,,349
40,000,,7411 1,343
69,201,,890; 2,030

119,831,946
32,730,659
32,855,618
56,517,342
7,423,000

2.-.O,037,01o
7-l,OG2,6(r2

084

..

Paid on
Bonds.

38,666,290 28,479391

420,-190.980

8,763,245
2,866,494
3,488,694
8,419,626
699,572
5,289,789
1,077,676
3,288,318
5,555,485
8,968,956

2,180,948
619,269
968,978
1,103,527

226,220,618

W. States 60586

states,.,.

DivMcad
Paidaa

Interest

Net
Earnings.

408,853

isToii

2,852
2,782
1,844
8.875
601
3,219

'.'.',]

Middl.. stales

188CT.

83,923,393

10,002,340
43,820,139
44,823,743
88,225,486

209

Iowa

\Vt',.*l.-iii

ACC'NT.

FOR

53,001,738 1,558,691,219 1,242,156,044 14,881 199,003,718

lilS.OlL.W?
682,104,920
4,021,383
84.859,208
0,188,321

3,901
2,336,087
8,194,355

3.0(17,

l-.nvland fstutes

U. S.

12,160,265 11.71.S,098
4,298,481 3.697,913
18,934,430 11,73.3,496
78,060
87,040
3,191.064 1,347,444
14,000

1,231
1,476
1,906

5,069
9,383
6,034
4,025

Illinois

l)ni.-..ri

56,4.5«i,lita

27,956,499
8,120,022
41,249.774
173,324

23,033,200
4,188,000
36,808,500
6,203,492
27,271,500
24,986,000
62,242,714

7.1(11!'

il..rnla

941

0t,418.1.')7

72,134,681
24,012,161
87,687,458
579,933
13,639,355
970,240

16.606,107
31,380,615
3,235,000
30,869,118
3,42(,585
16,544,738
17.503,666
27,788,417

2,086
1,420

.

X«Distana
Tennessee

New

211,225,200

454

Al.ihania

'

137
975

572,786,895
154,774,489

58,909,816
11,880,100

New irexico Tenitory
Arizona Territory

917

312,121,603

58.742,082

North Carolina..
8ntir!i CaroUna..

8.

2,304

8,542.728
4,628,215
26,553,436
1,195.620
9,049,956

314,871,989

2,028
1,469
1,221
2,616

Virginia

Western and

152.843,129
6,835,025
51,176,666

3,^3.754

1,008

587,606,0.34

724,220,803

Arkansas
Texas

20.4.-.5,058
30.3.-|7,014

13,950,127

780,968,618

Missouri

39.434,181

20,601,314
37,858,273
156.853,044
6,631,004
48,716,302

18,200,621
3,799,559
29,070,312
08,989
1,715,836
40,421

16,335

Kansas

.38,212,332

113,526,340

Middle States

N'ebra.slta

Gross
Earnings.

217,705,441

29S

Wisconsin
Minnesota
Dakota Territory

REVENUE

Miles
Oper-

and
Equipment,

187,395,522

Virginia

SontUem

Cost of
Bailroad

351, (198,972
82,055,090

1,072

Iftissiaaippi

07,012,

67.12O.709

:

5,975
1,687
6,081

31,218,012
3,216,900

West

08,039.«aS
74,294,208

The following table is most comprehensive and shows at a,
fiance the condition of railroads in every State and Territonr,
he information embraced in the entire 1,300 pages of (£«
manual is condensed to make up this summary

Total
Amotint.

068,187
1,236,192
728,973
9,959,074
96,827
1,260,874

6,8()lj,800

.5:i.02».3«8
58..-,5«.31»

1881.

0,959

222

..,..,..

Maryland

<

Debt.

PatO.

I

Pennsylvania
-Delaware

Other

IHriilmda

$77,115,411
61,681.470

The Manual has become one of the best known statistifsl
works published in the world, and never has there been a tint*
when tne demand for it was greater than in this present ye»r.

$

2,128
153

Connecticut

Funded

1

876
836

Ilanipgblre
Vtniii.nt

Capital
Stock.

141,7 ;.. .ui

142,330,191
124,037,290
125,201,724
136,120,583
139,105,271
140,909,981
137,384,427
132,309,270
108,898,886

.;s9,035,508

CAPITAL ACCOUNT.

TOKIKa.

IffT

1^3,
105.

$147.0.-)3,003

TABLE SirOWINQ THE MILEAGE, CAPITAL, COST AND REVENUE OF ALL THE RAILROADS OF THE
STATKS AND TEBRI

2l9Jt|0.724

.5O3.0l!5,5o5

3,159,123,0.57

v..

430

«2.V5, 193.

4,762,.506,U10

3,784,543,034

.\

,»«
Xartiingm.

$<I15, 101.931

4,221,703,.594

Year.

1880
1879
1878
1877
1876
1875
1874
1873
1872
1871

Miles Annual
in
Inerrase
Operaof

lai

104 .4 SO

M.iy. IKCLUSIVE.

1879-80.
$12,0,57,029

1880-81.

Inerente.

7,697.576

$13,020,449
8,329.764

$1,500,418:
1.13-J4.86

$4,359,431

4,790,083

$437,231

Jewett, Cortland Parker, C. L. Attlebnry and
others have incorporated the New York Lake Erie & We.stera
Docks & Improvement Company of Jersey City, N. J.; capiTo reclaim and improve certain lands tinder
tal, $2,000,000.
water in Hacbon Coanty, and the erection and maintainingr
thereon of docks, piers, eleratora, warehoases and railways.

—Hugh

J.

THE CHKONICLE.

102

New York Pittsbnre & Chicago.—Articles of agreement
and consolidation were filed at Harrisbnrg, July 20, by the New
York Pittsburg & Chicago Railway Company of Ohio, and the
New York Pittsburg & Chicago Railway Company and the
Pittsburg & Chicago Railway Company of Pennsylvania, which
are now in process of construction to some point on the boundary line between said States, and which when united will form
m continuous line The new corporation will be known as the
Hew York Pittsburg & Chicago Railway Company. The capital
stock,

it is

stated, will be ?7,000,000, divided into 140,000 shares.

Stock Exchange— New Securities.— The following have been admitted to dtalings at the Stock Exchange
Teias Central Hallway Company- 52,145,000 tirst mortgage
sinking land gold bonds, due November, 1901.
Richmond & Alleghany Railroad Company— Additional $723,300 capital stock represented by stock trust certificates. The

New York

:

additional amount makes a
Scioto V^alley Railway

total of $5,000,000 issued.

Company—$2,500,000

capital stock, in

shares of i?50 each, and §2,100,000 first consolidated mortgage
7 per cent bonds, due July, 1910.
East Tennessee Virginia & Georgia Railroad Company Common stock, $27,500,000 preferred stock, $16.500,000 first
mortgage consolidated 5 per cent bonds, due July, 1930, and
income 6 per cent non-accumulativo bonds, $16,000,000.

XXX Hi.

[Vol.

^Ixe (£iommtxcml

^imes.

COMMERCIAL EPITOME.
Friday Nioht, July

22, 1881.

The President of the United States has made further progress
in the past week toward recovery from his desperate wounds,
and there seems little doubt now of his ultimate restoration to
health. The exciting political contest at Albany approaches
an end. The weather has been much more agreeable, and
is no longer any serious suffering from intense heat
nor
are there any more destructive storms reported. The breaks

there

in the

;

comers on cotton and lard, noted last Friday, have been
by frequent fluctuations. General trads is quite

followed

moderate, as usual at this season.

The

fall

business has not

opened as yet.
The market for provisions has been generally weak, with thespeculation in lard feverish and variable. To-day pork was dull
and nearly nominal on the spot, with new mess held at $18 50
for August and September and $18 40 for October. Bacon sold
Pacific
Mali Steamship Company.— The New York at the West at 9'lOc., but was quite nominal here. Cut meats
Tribune states that this company has obtained a writ of without
essential change. Lard declined, and closed on the spot
certiorari to review he action of the Tax Commissioners in
The at llMc. for prime City, and 12"10c. for contract Western reassessing the company's property for local purposes.
papers upon which the writ was granted disclose the fact fined for the Continent quoted at 12c. The speculation in
that the company is engaged in the carrying trade on the futures was very active, closing at 1202^c. for July and
high sea.", that all its vessels jply between New York and
August, ll-80c. for September, lie. for October, ll-12^c. for
foreign ports, that the principal ofiiee of this line of oceangoing steamships is at Clarkstown, a small village situated iu November and 1097^c. seller the year; but a speculative corner
the mountains of Rockland County back of Nyack, that notice in Chicago held the price there at 1225c. for July. Beef and beef
was duly given to the authorities of this city of the place of hams are very dull. Butter has been depressed. Cheese also
the company's principal ofiiee, that a tax for local purposes
was to be imposed on the personal property of the corporation weak; factory, 8@llc. Tallow sold to-day at G%c.
Rio coffee has been fairly active and steady at ll^@ll%c.
at that place, and that notwithstanding this notice the Tax
Commissioners of New York have assessed the value of the for fair to good cargoes. The visible supply for the markets
company's property at $4,000,000.
of the United States, exclusive of stocks in second hands, is
It is further alleged against the legality of the action of the
Tax Commissioners that even if the property could be taxed 258,600 bags. Mild grades have been in limited demand. Rice
in New York and not in Clarkstown, the pUee of the company's has met with a steady demand at late prices. The tea sales by
principal ofiiee, the assessment is excessive. Moreover, the auction have gone off at steady prices. Molasses has been very
company is exempted from taxation either in Clarkstown or
New York or elsewhere for the period of fifteen years from dull; 50-test quoted at 3432@35c. Raw sugars have been dull,
June 1, 1881, by virtue of a statute passed at tliis present though there has been some demand for high grades of centrifsession of the Legislature declaring that the capital stock, fran- ugals.
Fair to good refining Cuba muscovado quoted at ^%@l
chises and earnings of all corporations engaged in the ocean- 7%c., a decline of l-16@/^c. Stocks are somewhat smaller
carrying trade between this and foreign ports shall not be
in first hands than last July, but have increased this month.
taxed for local purposes.
Philadelphia & Reading.— The ofiicial comparative state- Refined sugars close quiet, and somewhat irregular ; hards,.
ment of the business of the Philadelphia & Reading Railroad 10^@1054e.i soft white "A," 9^c.
and coal and iron companies for the month of June and for the
Kentucky tobacco has been quiet but firm.
Sales for tieseven months ending June 30 is as follows:
week 300 hhds., of which 200 for export and 100 for home conJuneSeven Months.
sumption.
Lugs are quoted at 4>2@t)C. and leaf at 6>6@12c.
Eailroad—
1 88
1880.
1881.
1880.
Total gross rcc; ipts
$1 ,707,295
Seed leaf has been moderately active, and sales for the week
Operating
fully

—
;

;

;

—

—

—

/

.

1

esi>enBC8

938,827

are 2,100 cases, as follows 1,200 cases 1880 crop, Pennsylvania,
assorted lots, 10@is^c.; 50 cases 1879 crop, Pennsylvania, wrappers, 20@40c.; 600 eases 1880 crop. New England, 6@30c.; 5»
:

Profit

,

&

R. Coal & IronGross receipts

Pbil.

Expenses

$1 ,143,610

1.072,778

.,^';"*"^
Total ol bolh compauies—
Gross receiins
Gross expenses
o,

Profit.
'

$768,469 $653,959 $4,322,513 $4,193,020

$70,832

cases 1879 crop,

$71,168

$366,019

"$93,031

Also 400 bales Havana

$2,850,905
2,001,605

Loss.

*

Connecticut.

—A

dispatch

from Pough-

keepsie, N. Y., July 21,S£ys
"A summons and complaint have
been served on the Rhinebeck & Connecticut Railroad Company,
by Thomas Cornell and others, for the foreclosure of a mortgateof $800,000, given November 1, 1872. The papers have
been filed in the County Clerk's office in this place."
:

Texas

& St. Louis.- Work on the line of the Texas & St
narrow-gauge road is being pushed rapidly. The confrom Bird s Point, Mo., to Little River, a distance of 39
mUes, has been let, and grading is now going on.
From
Maiden, Mo., to Oak Bluff, Clay County, Ark., 2-5 miles,
the work is all under contract, and 20 miles of the New
Madrid
a Maiden track (owned by the Texas & St. Louis) will be
used
as a part of the link. On the southern division
25 miles have
been put under contract from Texarkana to the Red
River
Ihis 18 to gam a connection by river with New
Orleans and St
Louis until the line is completed to the north. Another
move 18 the building of a line 18 miles lon^ from Waco short
to a
junction with the (?ulf Colorado & Santa fe road,
an all-rail
iKJuis.

traet

connection for St. Louis via the anti-Gould
route being se"°,^" i^ontract. Four corps of engineers
^^„f»,
*^*S
are
in the «M?
field, and as fast as they finish
surveys the contracts
are Jet. Boston Advertiser.

«M**S?ru*

*'",*'?«.r-'^ ^H.P**''''

^^0™ Fort Worth, July

*"«^ °" the Rio Grande

of thLl^o^n?
?r fZ ^M-

?fl°^^^.l^®

seed, private terms; 100

and 100 cases sundries, 8@12^c..

fillers,

88c.@$l

13.

The Agricultural

1^''"''y fT,,^^ ""^^y H"^^
^.h';,end of the track on

is

largely in

and
Kentucky; but in view of the large decrease in 1880 in these
States, owing to a scarcity of plants, the area will not be greater
this year than it was in 1879.
The condition of the crop is
reported higher than last year. A hail-storm is reported tohave done much injury to the crop in Cunnectieut.
There has been a quiet and yet essentially steady market for
naval stores. At the close spirits turpentine was inclined to
easiness on account of the unsettled Southern advices quoted
42@42}^c. in yard. Rosins were firm at $2 07>^@$2 10 for
strained to good strained. Petroleum was quiet, but about
steady, at 754c. for refined in bbls. Crude certificates at the
close were more active in a speculative way, as prices were
advanced to 76Mc., though early in the day there were sales at
76%c. All metals were quiet but generally steady. Lead was
an exception, having sold up to 4-82>2@4'&0c. for common
domestic, and closed at 5c. asked. Ingot copper was firm and
fairly active at 16>2C. for Lake.
Ocean freight room has ruled at irregular rates, but at the
close improved demands', resalting from lower prices for grain,
were an incentive to higher rates. Tonnage is in moderate
supply. Grain to Liverpool, by steam, taken to-day at 4^@4>6@
excess of last year,

particularly in Maryland, Virginia

;

4%@4?4@5d.: bacon,
18,

Division of the
'^'^ 341 miles west
the southern extension
^"»« " to-day twenty-five miles
^n.^ r^i!'^''"" .'^^'JS?^*
'''' " progressing rapidly, ^ith favor!
SwI w^th^r.fi°'

T»«. * P*

Havana

Bureau at Washington says the acreage of tobacco

$839,300 $725,127 $4,088,532 $4,099,9S9

Rhiaebeck

Wisconsin,

cases 1879 crop, Ohio, 8@13c.;

17s.

6d @20s.; cheese, 30s.@32s. Gd.; cot-

3-16@^d.; flour, 12s. 6d.; grain to London by steam
quoted 5^d.; bacon, 20s.; cheese, 27s. 6d.; grain to Glasgow by
steam, 5d.; do. to Antwerp by steam, 4d.; do. to Cork, for
ton,

orders, 4s. 5d.@4s. 7}^@4s. 8d. per qr., as to lay days; do. to
Havre, Antwerp or St. Nazaire, 48. 3d; do. to Marseilles, 4s. 6d.;
naphtha for Philadelphia to Rouen, 4s. %d. ; refined do., hence
to London, quoted at Ss. l^d.

JULT

THE ('HRONICLH

28. 1681.1

COTTON.
Fridat, p. M.. July 23. 1881.
Ths Movrmbst of thk Crop, as indicated by oar telej^rams
from the South to-night, is given bflow. For the week ending
this evening (.July 22), the total rei't-iptfl liave reaehed 19.362
bales, against IS.'l'.tlt bales last wi-i-k, 19,163 bales the nrevioas
bales three wei-ks Rinne; making tne total
sinoe the Ist of Septerab(«r. 1880, 5.741,407 bales, against
4,8>S0,04H bales for the same period (if 1879-80, showing an increase
since 8ept<^mber 1, 1880, of 861,364 balea.

week

and 20,602

In addition to above exportii, oar telegranu to-night also give
as the following amoantit of cotton on shipboard, not cleared, at
the ports named. We add similar figures for New York, which
are jirepared for onr special use Djr Meiwrii. Carer, Yale &

Lambert. 60 Beaver

Oalvvatoii
Indlanoln, Ao.
New OrlcanB...

Wed.

Tue*.

J/on.

Sat.

Than.

Fri.

143

553

60?

548

203

G90
12

1,309
181

512

i»4

1,255

211

39

22

7u6
108

(Ireal
Ilrltain.

Mobile
Florida

GJ3

8

8

396

333

23()

405

420

208

2.001

CJarlestou
Pt. Royal. Ac.

1G7

M

31

128

195

124

CS7

WUniluKtou
MoreliM C.Ac

28

3

11

290

237

310

192

832

358

439

23
404

35»

....

Sarunnab
BruDSW'k, Ac.

—

Norfolk
City Poiiit.&o.

595
30

2C
30
446
39
47
158
23

....

2,577
39

New York

....

59

709

Baltimore

5

833
304

PhlliMlelp'a, Ae.

733
200
210

21

GOri

127

2,i.->

20.">

1,483

Totala tbiB week

S.lflO

3.00!»

4,18-

2.4B7

3.717

2.S12

19.3G2

1-29

3,193

532

For oomparison, we give the following table showing the week's
total receipts, the total since Sept. 1, 1880, and the stocks to-night
and the same items for the norresponding periods of last year.
1870-80.

1880-81.

Slock.

July 22.

Since Sep.
1, 1880.

Week.

Since Sep.

Weelc.

1,1879.

2,G86
060,059
31
15,310
4,736 1,567,970
633 332,831
8
20.367
664,977
2,001
4,855

Qalveetoii
Indianol.'i,

This

Ac.

Hew Orleans
HobUe
Florida

BavoDQab
Brunswick, Ac.
Charleston
Port Royal, Ac.

697

Wilmington
M'head City,Ac

595
30

'

Korfolk.
City Point, Ac.

Boston
Baltimore

3,19."^

532

711.219
2X0,681
171.7i3
181.461
50,410

PUiladelplila, Ac.

1,183

70,471

39
129

Hew York

4

3,808

699
636
1.423

142

30,491

2,57

2,oae

684

1880.

510
022
1,144

13,US 4,830.013 281.838 208.275
In order that comoarisoa may bj mvie with other years, we
give below the totats at leading p nts tor six seasons.
Total

19.362 '5,74 1,40;

Steeiptt at—

Galveat'u.Ac.

1880.

1881.

New

2.717
4,73G

1,092
3,803

633

Savannab

2.001

699
636

Orleans
Mobile
Cbarl'st'n.Ar
Wllm'gt'n, Ac
Horfolk,

Ac

AU others. ...
Tot. this w'k.

Since Sept.

1879.

687
625

1,423

142

61

2,6 le

2,598
2,750

167

19.362

340
838
210
782
526
137
567
686

1.57

306
143

5.317

1,892

13,148

1877.

1878.

137
409

3,272

4,036

409
792
152

510
361
269
231
569
3,299

1876.

438
1,714

320
170
1.190

377
582
798
5,589

5741.407 4880.043 4433.653 4256.419 3956.137 4081.570
»i»Iv«ston includes Indlanola; (.'luirlraton iiiclurte.-* Port Koyal, A- .•
*^'"" '""'"'l** Morehca<l C;ity Ac; Norfolk includes City I'oint. Ac.
irS
The eTporth for the week ending this evening re.ach a totil
of 39,081 bales, of which 26,390 were to Great Britain, 2,973 to
France and 9,718 to rest of the Continent, while the stocks as
made np this evening are now 281,888 bales. Below are the
wportB for the weak and since Siotember. 1, 1833.
1.

,

Wiek Ending
Exports

Ervm

Jutti 22.

Sept. 1. 1880. to

Exported to—

July

22, 1881.

I

30,115

The
been

speculative

Oalreston

Hew

Conti-

Total

Oreat

n<n(.

Week.

Britain.

47.)

Orleans.

10.93^

8,=53

2,143

175

310.715

53.0 !J

111.054

8I>1.'28

3K,381

84,070

21.774

t 0,015

S7,RB6

ia8.438
07,146
aie,04«

61.010

882.SB1

87,591

Mobil*

tlorMa
BaTaonah
Cbarleslon'...
Wllmliyrton...

Norfolk

1,47S

8.906
4,870
4.338
79S

New York
Boston
Baltlmnre
PhUa(lelp'a.Ac

10, 7»

SOO

I.IO

Total

2a,8W

Total 187«.8r

18,123

•Inoiaden

3.80«

12

T.aii

exporS from Port

'

4.3B-i

US.AS'i

1,083

115.163

I.IOO

71,2«

i).;i8

3*,0sl 2.746,438

2,io:

a2333

Kjir.il

France

&c

1,444

2,8S0

Continent.

2
81.170
102

20O
None.

aoo
300

1.-111

1,300

19.889
146 3 19
71,383

51.B1M

1.:-.M.307 4.42^.503

2.53«.«a4 37B.7r^

8!1,4IS 3.7(>l.3j0

81
None.

15,008

1.50

1,680

67,101
4,285

None.

873

600

600

5.285

None.
None.

8.969
•4,400

1.3.801

450

2,l>jO

23,038

1,281

34,597

217.291

127.1»0g

in cotton for future delivery has
the past week; prices have varied widely,

'

and the ne»t crop 11@20

points. The feature of Wednesday was
the advance of 14 points for October and later deliveries, while
this crop was only 8(89 points dearer. It was apparent, however, that the " bull" movement, so far as this market was concerned, had come to an end; we passed entirely under the control
of Liverpool, and when, yesterday, that market was reported

there was

a

general

with

decline

us.

will

It

seen that on Thursday the extreme range of prices paid
to

be

had nar-

November and ll'71c. for August, again.st
To-day the market opened weak,

10'35e. for

1029@ll'90o. on Tuesday.

but, following Liverpool, closed dearer, with the distant delii
eries quite

Cotton on the spot advanced

neglected.

Monday, with a large

business, mainly for

home

%<i.

on

consnraptioD,

There was no further
change, and the close to-day was quiet at 11 ll-16c. for middling
uplands.
The total sales for forward delivery for the week are 431,600
but, including liberal lines for export.

bales.

For immediate delivery the

total sales foot

up

this

week

9,169 biles, including 4,282 for export, 4,546 for consumption,

—

—

in transit. Of the above.
341 for speculation and
baleg
were to amve. The following are the official qnotatioas and
sales for

?ach.day of the past week.

NEW ORLEANS.

UPLANDS.
jnou Tnes

JHl^ 16/0
July 22.

Sat.

Ordin'y.^J)
Strict Ord..
Good Ord..
Str. G'd Ord

Low Mid r^

8I4

»\

9U,„
lO^ift

lO'e

838
W'S
9'3io

8%

S-a

SSr

8''«

9

9%

yi»i„ 101,8
107,8 10«,fl

9'-3i8
lOJ'lS

lOi'in

U

TEXAS.
OTon Tnes Sat. non. Taea

Sst.

im

U'«

11

Str.L'w .Mid U'ls 11',
117,8 11*16
Middllu^... llSlO 11>'I6 m'ls
Good Mid.. I2I16 123,8 123,8 126,6

G'd Mid
Midd'g Fair

Str.

fair

127,6 12'l« li!«.6
13318 133,8 136,6
13l3i8'13i5i8il3i5,8ii4i,«

I'^'lS
13-.,8

Strict On!..

Good Ord..
Str. G'd Ord
Str.L'svMiil

Middlini...

Good Mid

.

G'd Mid
Midd'g Fult

Str.

Fair

8%

8%

838
858
878
S's
9^
8'e
913,8 913,6 913,6 101,8
106,8 1105,8 106,8, 103,6
11
11
III
llIU
117, « !ii7i8 ]n7,8 |llli„
lUIlellll',6ll'll8 1115,8
123,8 ,123,8 ,123,6 127,6
127,6 Il27 8 127,8 12l!,6
133j8 133,8 11^3,8 137,6
13lJ,8 13'1i6 131.>,8l 143,„
!

;

Low

9

B)

.

...

.Middling

g.tLKS

SPOT MVRKirr
CLOSBU.

Ex-

.'Finn at igadv

10«,fl

107,i

III4

9
9'-6lG

im

868
9>8
101,3
U.'»«
11 >4

Frl.

1

858

8'e

9ifl

OM

101 18

101,6

llH

11U

127,6 1127,6

121Iiol211ig
137,8 jl37ie
143i8 il4S,6

IVed Th.
8=8
9i«
101,6

858

9 '8

9 '8

101,6

101,6

10«S loaj io»; 10«8 10»i«

im

11'4
ll-*
lllll«llU;6 1111,6 lllll«

1115,81116,, llI6l6llI6IiUI6ii
127,6 127,8 127,8 127,8 I127,„
1211,.!l2iI,«12il,„!l2iI,«121I,rt
137,« |137,a 1137,6 1137,8' 13',i143,6 143,6 143,6 143,8 11»,8

Tit.

Frt.

7'8
8
8
8
8
8
878
g
9
9
9
9>9
969
9=8
968
968
96g
1013,8 1015,6 1013,6 1016,6 1016,6 1016,8

SALES.

OP 8POT AND TRANSIT.

Con-

Sttee- Trail'

£63

Total.

263

800, 2,562

594

tit.

3,362

Sales.

65.400
9.000

Fri. .itirm

1.84a

313
405

130
80

1.025
1.307
2.327

Total

4.282

4.546

341

9.169 431.600

I

Frl.

868

Tburs Quiet

Wid -Easy

UV
1U>16

llllin

1116,„'1115„

111316
126,6
!!!««
136,8
14'16

16U
010
834

Tnoe.jQuiet

8»8
918
101,6
100,6

1113,6 1116,8
1-.27|6
127,a
12ll,8 12:1,8
13',8 137,6
143,, 143,8

port. ttimp. JilTn

Sat.. Dull

8I2

moD Taea Wed

Sat.

STAr.VF,D.

Good Ordinary
Strict Good Ordinarv

8=8
9ie
lOiie

Illll6ll'll6 lli»U

Wetl Th. FrI. Wetf Th.
Ordin'y.^^lb

MARKET AND

507.785
477,606
60.812
328.318
334.461

Stock.

Total.

telle.

some irregalarity. Saturday opened weak,
but closed slightly dearer, and during Monday, as well as on
Tuesday morning, showed much buoyancy, prices recovering
nearly to the best figures of the previous Friday; but on Tuesday
afternoon a pressure to sell caased this crop to recede 27 points

Mon

11.222
9.922
114.316

99
None.
None.
None.
601

Ooait.

exhibiting at times

Total

107,030
«7!.6;4
838,012 1,678.731
116,263
7,419

269.011
217,2BS

1.311

None.
None.
None.
Nou».

Middling

Exported to—

Other
Foreign

movement

less active in

from—
Oreat
Franct
BriCn.

Pranet.

• Included In thiR amount
there are 300 bales at presses for foreign
ports, the (lo8tln.-iJon of wbloh wc oanuot Icam,

rowed

464,421 27.770
3,197
7,734
1,481.380 83,039 56,802
353,133
4,235
4,317
20,141
5,036
723,078
5,116
5,885
3,643
451,038
2,553
2,101
30,622
49
76,314
1,183
1,051
26,963
575,569
4,0&5
7,843
155.092
213,716 132,303 105,807
226,930
9,390 10.393
19,166
3,119
4.870
51, OSS
2,3GG
0,278

1,088

618,509
49,972
117,922

1881.

Total

weak,

jReeeiptt to

ThU

11,507
None.
1.530
None.
8.278
3,600
2,200

2,686
31
4,736

31

Shipboard, not elearett—for

Leaving

kT—

22,

Total.

731

Street.

On
JULV

re(^eii)f«

Bceeipit at—

103

131

4011

885 I09,70vl
69.500
47.600
60,100

erlet.

100
200
300
300
200
300

1.400
_^—

ruo iliiiiy d«llVBriei gifn,i nojva nev ajiu »uy deuvaroa tue ii*y pc«TI0U8 to that on which tUey are reported.

The Sales asd Prices of Foti'kes are shown by the follow,
ing comprehensive table. In this stat*!ment will l)e fi-und the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the dailf and total sales:

THE CHRONICLE.

104

[Vol.

XXXIIL
1878.

Dales.

40,900

1880.
59.100

1879.
41.000

16,400
3,lo0
1,320
24,800

34,100

Stock at other contl'ntalportB.

39:700
5.080
3,330
11,200

6.200

48,75a
9,750
e.oOO
23,000

Total continental ports....

342,3.50

229,190

207,400

35S,50ft

Total European stocks.. ..1,190,8.>0
India cotton atloat lor Europe. 270,000
Amer'n cotton atloat for Eur'pe 177,000
23.000
Exypt,Brazil,&c.,afltforE'r'pe
281,888
Btock in United States ports .
29,790
Stock in U. S. interior ports.. .
9,200
United States exports to-day..

988.290
221 ,000
200,000
22.000
208, 183
29,137
4,000

792,770 1,035,000
233,00(>
320.000
86,000
60,000
10,000
10,000
105.61 S
133,103

1881.

Stock at Barcelona

37,500
7.000
41 ,000

iSatImI?o'?dam:;;:
Stock at Rotterdam
St^ftk at Antwerp

500
zui}

5,90f>

7,478
2,500

50*

1.981,731 1,672,910 1,325,853 1,478,021
Total visible supply
Of the anove, the totals of American and other descriptions are as follows :

LivSpoofstock

613,000
250,000
177,000
281.888
29,796
9,200

;

Continental stocks

American aHoat for Europe....
United States stock
United States interior stocks..
United States exports to-day..

500

776,083 1,023,021

Oc—

Continental stocks
India atloat for Europe
Egypt, BrazU, &o., afloat

&o

Total East India,
Total American

138,000
200,000
208,183
20,137
4,000

1,360,884 1,042,620

Total American
East Indian.Brazil,
Uverpool stock
London stock

526,000
299,000
86,000
105.615
5.90S

413,000
160,000
60.000
133,105
7,4/8
2,500

46.3,000

....

137,000

188,000
47,500
92,3o0
270,000
23,000

239,000
57,100
91,190
221.000
22,000

128,000
44,370
47,400
320.000
10,000

620.850

630,290

435.000
519.770
776,083 1,023,021

....1,360,881 1,012.620

13.500-

59,500
235,000
10,000

1.9ol,731 1,672,910 1,323,853 1.478.021
OiSigd.
69i6<i.
eHjad.
e^iod.
The above figures indicate an increase in tlie cotton in sight
to-night of 308,824 bales as compared with the same date of 1880,
an increase of 655,881 bales as compared with 1879 and an increase of 503,713 bales as compared with 1878.
In the preceding visible supply table we have heretofore only
included the interior stocks at the seven original interior towns.
As we did not have the record of the new interior towns for the
/our years, we could not make a compari.son in any other way..
That difficulty no longer exists, and we therefore make the following comparison, which includes the stocks at the nineteea
towns given weekly in our table of interior stocks instead of only
shall continue this double statement for
the old seven towns.
a time, but finally shall simply substitute the nineteen towns for

Total visible supply
Price Mid. Upl., Liverpool

—

We

the seven towns

m the precedmg table.

American—
bales

Liverpool stock
Continental stocks

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

American

Total American
East Indian, BrazU, <tc.—
Liverpool stock
London stock
Continental stocks
India afloat for IJurope
Egypt, Brazil, &c., afloat

&c

Total East India,
Total American

1881.

1880.

1879.

1878.

613.000
250.000
177.000
281,888
48,397
9,200

463.000
138.000
200.000
208,183
56,662
4,000

413,000
160,000
60,000
133,105
14,110
2,500

528,000
299,000
86,00O
105,615
12,527

50O

783,015 1,029,642

1,379,485 1,069,815

137,000
13,50O
59.500
235,000
10,000

28.000
44.370
47.400
320.000
10,000

188,000
47,500
92,350
270.000
23,000

239,000
57,100
91.190
221.000
22,000

1

620.850

630,290

453,000
549,770
783,015 1,029,642:

1,379,485 1,069,845

2,000.335 1,700.135 1,332.785 1,434,642
Total visible supply
imports into Continental ports this week have been
67,000 bales.
These figures indicate an increase in the cotton in sight tonight of 300,200 bales as compared with the same date of 1880, an
increase of 667,550 bales as compared with the corresponding
date of 1879 and an increase of 515,693 bales as compared witi

I^ The

1878.

—

At the Isterior Ports the movement that is the receipts
and shipments for the week, and stocks to-ni^ht, and for the
corresponding week of 1880—Is set out in detail in the foUowiugstatement:
Wee?c ending July 22, '81.

"Includes sales iu September for September, 621,400; Sepi.-Oct. tor
Oct., 916,500; Sept.-Nov. for November, 762.100 Sopt.-Dec. tor Doccmber, l,461..5O0; Sept.-iau. for .lanuarv. 2,588.900 Sept.-Fcb. for Fehruary 2,372.700; Sopt.-.March for March. 3,40ti,100; Sept.-April for
Sept.-May for May, 2,156,400
Sept.-Juue for June,
^E5l'
?A^'*-'-**'**'
2,224,.500.
;

;

=

;

Transferable Orders-Saturday, 11-65; Monday, 11-85; Tuesday,
11-60 ; Wednesday, 11-70; Thursday, 11-65 ; Friday, 1 1-70.

Receipts. Shipm'ls

.\ugusta,

Ga

Columbus, Ga...
Macon, Ga
Montgom'ry.Ala.
Selmji, Ala-

Memphis, Tenn..
Nashville, Tenu,

317
78
30

831

61
71
1,138

67

Stock.

Week ending July 23, '80.
Receijils. Sliipm'ts

1,166

4,531

2,795

62
20

574
11
504
70

3.37

3,419

14,521

102
58
11

262

624

5,597
1,682
3,511
2,081
1,662
11,339
3,874

62

895

3,615.

1,977

5,180

29,796

732

6,642

29,437

276

563
73
487
278
24
85
19

340
441

3

13

3

26

27

1,527

187
40

640

354

702

584
2,385

The

following exchanges have been made during the week:
to exch. 400 July for Aug.
-03 pd. to exch. 700 July for Aug.
to exch. 100 Nov. for Dec.
•4 pd. to exch. 1,000 Moh. for Sept.
to excli. 200 Nov. for Sept.
-81 pd. to exch. 500 Deo. for Sept.
to exch. 200 .Sept. for July. •43 pd. to exch. 500 Mch. for Sept.
to exch. 200 Sept. for Aug.
49
-03 pil'. to excii! 200 July for AuL.
Thb Visiblb Supply op Cottos, as made up by cable and
Megraph, is as follows. The Continental stocks are the figures
of la^ Saturday, but the totals for Great Britain and the afloat
for the Contment are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals the
TOmplete figurtsi tor to-night (July 22), we add the item of exports
from the United States, includmg in it the exports of Friday onlv:
•03
•01
•75
•55

pd.
pd.
pd.
pd.
pd.

Total, old ports..

i

'|

a.
..
. ,.
Btookat

.

Uverpool

bales.

Btook at London
Total Oreat Britain (took

Btookat Havre
Btook at Marseilles

.

1881.

1880.

1879.

8OI.000
47.500

1878.

702,000
57,100

541,000
44,370

663,000
13.500

818.500
my 000
3,700

7.>9,100

585.370
97.300
2,300

676.500
178.500
6,590

Dallas, Texas.

Jefl'erson, Tex...

10

Shrevcport, La..
Vicksburg, Miss.

300
194

Columbus, Miss.

14

Eufaula, Ala*...
GiilHu, Ga
Atlanta, Ga

50
16

1,228

N. C.Mo....
Cincinuati, O....

143
37
201
1,349
1,944

2,623

new

4,733

6,712

Rome, Ga

iJhiirlotte,
St. I^ouls,

Total,

Total, all
• Tills

73.800
7,020

.

ports

Stock.

103
271

464
385
887
150
6,534
209

75

72

1,241
2,1-23

ull

3»
24

1

1

80

10

201
20
411
244
125

1.000

2,266
2,334

12.405
3.60O

15

33
60
100
469

59a
7,518
1,310

75

1,908
5,681

1.800

7,912

18,001

2,727

6,333

27,225

13,092

48,397

3.459

12,995

56.<>62

•2,151

year's flgures estiuiiited.

The above totals show that the old interior stocks have deoreased during the week 3,203 bales, and are to-night 359

July

28, 1881.

THE OHRONJCLE.

|

balMi more than at th«< name period last year. The reoeiptH at
the .same towna have been 1,245 balea more than the same week
last year.

Rrceipts from the Plantation.s.—The following table is
prepari'd for thi^ purpose of indir.-iting the actual muveinent each
Ht-ci'ipt.s at the imtportB are somewoeli from tlm plantations.
tiraeM mi.slcadiiig, as they arc made up more largely one year
than another, at' the expense of the interior Ht<x!k8. "We reach,
therefore, a safer conelusion through a comparatire statement
like the following. In reply to fiw|^aent inquirie-s we will add
that the.se figures, of course, do ii..t mclude overland receipts or
Southern consumption; they nv simply a statement of the
weekly movement from the plant.it ions of that part of the crop
-which dually reaches the market through the out-ports.
RE0BIPT8 FROM I'l^AJfTATIOMS.
Wttk
•ndlno-

"
••

"

Juae
"

stock at Inttriar Portt

Btctiptf at the Port*.

1881.

Bee'pU/rom PlaiU'm.
18T9.

18i«.

1880.

1881.

1879,

le.osi

13.935

11.615

8,185

7,800

14.135

8,853

11,818
6,65'

icno.

13

19.897

35.681
S4.A38

90
8J

18.873

88.31

49,190
43,419

7 1,5 If. l88.aB8 ig3,»49
59,21h' I78,U7 175.316
Sl.l'.'li 18I.45') 158,818

17.111!

i!3.7fM

38,8:^1

rM'.is 113,8.(1 13i,471

7,8S9

u.nsn 83.H74

82.an

l.tO.1136 12;i,S42

8.461

8.

10
17

6.BI2

IS.S80

io.i.'ia

"

7.1'<S,

I1I.S70

aH,2i..

••

04

:)'.MJ

1890.

1881.

35.873
30.617
86.347
11,074

98,488

1.471

11,088
8.9sa

iKI,I9ll

M<.li38

18,022

8I,S7,'5

4.065
8,8:0

1,082

81,178

8.193

17,119

8.775
13,3«7

1!5,D3S

C.SUl

23,.'S1

ia.iTBi

Z.^..v,';i

Jmly

1,

3.H37

17.037

«2,3-i«

7S.1U8

e9,U88

f08

10,9J8

"

8

S.034

80.Bill

71.M0

('4.818

1.3351

10,917

"

18.

8.H0'.>

14.070
10.891

80.69 J
lu.t83

54,77 r

OT.

S.S7i

13 118

I8.109I in. as
!».3«2' U.Mil

n«.lll6i

"

^0.6881 48,3971

f.'di

83,613

4 618

4,»39j

8.764

B,ei8

I8,9S8

The above statement shows
1. That the t<,)tal receipts from the plantations since Sept. 1 in
1880-81 were 5,731,879 bales; in 1879-80 were 4,929,404 bales; in
1878-79 were 4,444,765 bales.
2. That, although the receipt.s at the out-ports the past week
were 19,362 bales, the actual movement from plantations was
only 12,982 bales, the balance being taken from the stock.s at the
Last year the receipts from the plantations for
interior ports.
the same week were 3,612 biiles and for 1879 they were 2,154

105

are more favorable.
mometer 85, highest

The weather

in rather hot.
Average therlowest 73.
Selma, Alabama.— It has rained on two days the past week,
the rainfall reaching one inoh and six hundredthn. Crop accounts
are more favorable. The cotton plant liMjks strong and healthy.
The thermometer has averaged 86, ranging from 72 to 100.
!»9,

— The

Madison, Florida.

weather has been warm and dry

The cotton plant looks strong and
The thermometer has averaged 88, ranging from

during; all of the past week.

healthy.
76 to 90.

Macon, Georgia.
the past week.
damage is feared

—The

No
if

weather has been warm and dry all
damage lias been done, but much
drought continues. The thermometer has
seriona

averaged 86.

—

Cotumbus, Georgia. We have had no rain during the past
week. Rain is much needed. The thermometer has ranged
from 80 to 98, averaging 87.
Savannah, Georgia.-~\l has rained on two days the past
week, the rainfall reaching eighteen hundredths of an inch.
The weather is very hot. The thermometer ha-s ranged
from 78 to 101, averaging 88.
Augusta, Georgia.—The weather daring the past week has
been warm and dry, with the exception of a heavy shower on
one day. The rainfall reached one inch and twenty-eight
hundredths. The thermometer has averaged 87.
Atlanta, Georgia. Telegram not received.
Charleston, SoutJi Carolina. We have had a shower on one
day the past week, with a rainfall of thirteen hundredths of an
inch.
Vegetation is suffering for rain. The thermometer has
averaged 85, ranging from 74 to 99.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
.July 21, 1881, and July 22, 1880.

—

—

July 21,

Below high-watermark ..
Memphis
Above low-wal»r mark...
Nashville
Above low-water mark...
Shreveport
Above low-water mark...
VickBlmre
Above low- water mark...
New Orleans reported below high-water
Orleans

July 22,

'81.

Inch.
8

Feet.

Kew

8

14
7
7
20

6
19
4
11

1

5
8

mark

33
of 1871

'80.

Inch.

Feel.

9
2
6
7
tintil

when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
Weathkb Repoets by Tbleokaph. —The weather during the 1871. or 16 feet above low-water mark at that point.
past week has in general been favorable for cotton, but in some
Weather Recoed for Ju.ve. Below we give the rainfall and
sections, especially in the Southwest, rain is still needed.
thermometer record for the month of June and previous
Galveston, Texas. We have had good showers on three days months of this year and last year:
Sept.

bales.

1874,

9,

—

—

the past week, but not quite enough. The rainfall reached one
January.
inch and ninety hundredths. A good portion of the State has
Rainfall.
received partial showers, which were very benefleial for cotton,
1881, 1880.
but insufficient. Not more than half a corn crop is made, but Norfolk.—
the abundance of old corn and the excellent oatr crop will enable
3-55 1-42
Rainfall, In
11
Days of rain. 18
farmers to get through. The price of old corn has doubled,
*nd in some sections has trebled, within the past sixty days. WlI.MINO'K.—
Rainfall, in.. 606
No new cotton received this week the total receipts thus far Days of rain. 17
Is three bales.
The thermometer has averaged 84, ranging from Charlkst'x—
;

72

to 02.

—

Indianola, Texas. We have liad showers on two days the
past week, but not enough to do much good.
The rainfall
reached sixty-three hundredths of an inch. Many farmers are
said to be chopping down cotton, intending to make coarse
forage, as in some sections it is unfit for anything else. Average
thermometer 83, highest 99 and lowest 78.
Corsiaana, Texas.— It has rained (mere drizzlel on one day
the past week, the rainfall reaching but two hundredths of an
inch. Rain is needed badly. The thermometer has ranged
from 69 to 104, averaging 85.
Dallas, Texa^. The weather has been warm and dry all the
past week. We are suffering for rain. The thermonieter has
averaged 85, ranging from 70 to 104.
Brenham, 7'e.vas. We have had no rain during the past
Yreek.
Last week's rain has been very beneficial. We are now
needing rain. Average thermometer 85, highest 96 and lowest 75.
Waco, Texas. Tne weather has been warm and dry during
the past week. We are needing rain. Cotton is doing well in
bottoms but is suffering in uplands. Corn crop is very poor. The
thermometer has ranged from 70 to 100, averaging 84.
New Orleans, Louisiana. It has rained on three days the
past week, the rainfall reaching twenty-seven hundredths of an
inch. The thermometer has averaged 83.
Shreoeport, Louisiana. Telegram not received.
Vicksburg, Mississippi. Telegram not received.
Columbus, Mississippi. It has been showery on one day the
past week, the rainfall reaching seventy-two hundredths of an
inch. Caterpillars have appeared, though the injury done is as
yet limited. Average thermometer 89, highest 99 and lowest SO.
Little Rock, A}-kansas. The past week has been clear and
hot, with the e.tception of Tuesday, on which day we had a rainfall of forty-four hundredths of an inch.
AVe are needing rain
very much. The thermometer has ranged from 72 to 97, averag-

—

—

—

—

—
—
—

—

ing 84.
Nasheille, Teniiessee. It has rained on one day the past
week, the rainfall reaching twenty-nine hundredths of an inch.
"We are needing rain badly. Average thermometer 83, highest
100 and lowest 63.
Mobile, Ala'taina. It has been showery on two days the past
woek, the rainfall reaching fourteen hundredths of an inch. The
crop is develojiin.g promisingly. The thermometer has ranged
from 74 to 98, averaging 84.
MoiUyomeri/, Alabama.— Vie have had rain on two days the
past week, and the balance of the week has been pleasant. The
rainfall reached fort-y-six hundredths of an inch.
Crop acooonts

—

—

Rainfall,'in..
Days of rain.

6-98

815

Rainfall, In.,
rain.

2-88
15

514

5-34

4-06

17

16
3-47

18

10

3-33

3-65

10

18

11

1-93
14

1-56

3-97

4-11

2-01

2-80

2-85

Rainfall, In
Days of rain.

0-48

Rainfall, In..
Days of rain.

Rainfall, in..
rain.

11

14

10

5

4

10

6

869

8-43

4-71

5-78

1-36

2-98

8-11

1-54

11

13

15

15

7

8

9-75

115

16
8-21

8

10

9-79

303

10-56 11-44
14
11

10

7

7

6-77
14

118

2-95
11

4-57
6

8-73
6

1-90 10-31

2-84

9

3-79

3

8-93

6

8

12

12
4-58

7

9

4

7

5

5

5-69

1^

4-3S

1-00

8-22

1

4

5

7-70

6

B

5

5
0-83

7-65

6-55

10

12
4-49

11

3-35

1-95

3-32

8-80

10

7-16
4

5-88

1-14

8

3-37 11-84

5

9-18

10

3-17
11

302
7
3-58

1-86

14

18

3-61

7-86

7

8

8-00

4-47
7
1-05 2-81

2-89
11

1-89

4-57

8

8

3-8d

2-83

3-15

8

0-73. 2-S

4-94

7-07

'

8

8-73 10-41
18
12

2-99

14

11

6-66
16

3-92

10

14

13

80

9'21
12

0-8S

2-74

14

11

8

1-44

12

8

16

4-85
11

6-08
II

3-20

7

8-88
10

3-36
10

6-19

1-80

8-17

2-81

8-43

8-63

10

7

12

7

10

13

Rainfall, in..

9
8-S3

H-83

10

9

14

4-04

5-57

7-78 2-06

13

9

1-86

1-90

rain.

Nashville.Rainfall. In..
rain.

Memphis.—
Rainfall, In..

Days nf rain.
GALVE.STON,—
Rainfall, In..

Days of

9
4-80
11

3-37
18

Little Rock.

rain.

INmANOLA.—
Rainfall, In..
Days of rain.

COR9ICANA.—
Rainfall, In..
Days of rain.

7-57
11

7-20
11

rain.

Rainfall. In..
Days of rain.

606

10

6-84

10

17

0-00

9-88

2-88
11

4-83

16
3-04

11

I

12

ViCKSnrao.-

13
8-78

9-21

6

090

8-00

15

2-76
11

Rainfall, In..

6

2-82

9-41

13

482

13

2-3S

5

18
1-41

12

Rainfall, in..
Days of rain.

8
1-41

6-48
13

5-80
18

CoL'Brs. Miss.

0-45

8

9

5

2-21

9-97

4-58

102

SHREVEPORT.

8
2-30
11

6

Rainfall, in.. 1115
Days of rain. 13

rain.

6
0-91
11

9-26

10

1-18

Orleans.—

8
6-ao

309
6-84
i:

9

12
2-36

5-46
13

706 611
9

3-35
5

7-68
10

Rainfall, In..

10

12

MOBILE.—

Days of

2-18

7-54

MONTOOM'RY.

Days of

1-47

10

Rainfall, in..
Days of rain,

Days of

0-90

10

8-37

Cedar Kevs.

Days of

8'«S

9

3-48
18

1-81

3-92.

10

Jacksonv.—

N.

6-34

—

ROME, Ga

Days of

8-74
14

6

3-98

Macon.—
Rainfall. In
Days of rain.

0-54

17

7

COLCMB'9, Ga.
Rainfall, in..
Days of rain.

9

4-28
11

Savannah.—
Rainfall, in..
Days of rain.

1-88; 1-49

15

ATLANT.A..—
Rainfall, In..
Days of rain.

May.

1881 1880.

AuonsTA.—
Days of

AprU.

Fehriiary.

3-73 10-20
11
8

9-18

9-09

4-39

1-48

9

8

10

3-72

8-77

12
ISrTi

8

13
1-48

2-»4 6-43

l-9i 8-88
4.
10
6-17 8-38
10
18

4-96

4-ae

2-24

14

17

8

5-26
10

3-67
16

4'ia

370

3-9S

8

18

12

3-91

2-80

3-74
11

5-48 12-37

2-79

8-18

512

80

13

19

17

18

4-38

8-87

9-44

3-23

18

18

12

17

17

17

14

19

S'94
10

0-88

1-47

8-54

8-80

4-oe

OHM

16

11

14

4-76
12

1-71

9

8'8S
11

2-13

10

13

a

4

807

4-ei

481

1-08

2-43

3-22

0-55

8-08

3-48

14

6

13

10

3-66
11

4-08
13

3-73
9

S-15

8-75

7

8

S-54

17

11

18

IS

1«

0-89
II

220

3-34

3-SS

2-71

8

7

3-37
10

10

6

8-M8 5 74

9-90 14-33
8
14

2-83 4-88
18
14

80

THE CHRONICLE.

106
January.

Thermometer.

NoaroLK.—

April.

Ifarch.

May.

1

Junf.
|

1

Ijowest
.

Wilmington.
Illgtaest

Lowest

Mo

49-2

36-6

aeo 760 710
28-0 250 19-0

89-0
28-U

81-0
27-0

660 690 78-0 730
ISO 310 13-0 M-O 290

Highest

Avenwe...

Ffbruarn.
[

1881.jl880.| a81.;i880. 1S81.J 1880. 1881. 1880. 1.831. 1880. 1881. 1830.

980 990 1010
840 92
270 49-0 45-0 58-0 58-0
73-4 74-0 766
60-0 67-

48-9

45-6

48-5| 52-5

81-0
30-0
53-3

78-0
31-0
52-1

82-0
34-0
56-2

86-0
33-0
57-8

90-0

930

.14-0

63-4

78-0
36-0
58-4

7.1-0

81-0

87-0

320

;fl)-o

54-6

80-0
40-0
61-2

80-J

67-0

73-1

731

98-2
58-3
75-1

89-0'l01-8
500 02-3
73-4 81-.

99-0
60-0
81-0

93-0
62-0
71-6

89-0
44-0
71-3

960
57-0
77-5

92-0
59-0
76-0

93-5
57-3
74-2

89-0
56-0

99-0

1000

66-11

73-'|-

82-6

63-0
81-9

90-0
84-0
80-0

86-0 100-0
58-0 70-0
72-0 85-0

98-0
71-0
84-0

92-0
56-0
73-0

seo

86-U

96-11

440

56-1

631

91-0
52-0
72-2

72-3

78-6

43-1

55-3

491

670

77-0

710

3U'0

330

470

68-2

26-0
52-3

040 76-n
280 310
425 56-5

74-0
27-0
50-8

810

77-n

84o' 89-3 88-0

33-0

;h-i)

320

55-1

53-0

59-9

31-0
02-2

36-0
66-1

620 710
2.S0 300

74-0

82-0

86-0

49-0

71-0
28-0
47-0

79-0

55-5

68-n
ai-n
44-0

Highest

700 WO
320 340

73-0
29-(l

48-5j S9-0

53-8

80-n
38-0
57-7

76-0
;«I0
56-7

4;ri)

Average

650 780 72-0
230 380 29-0
450 590 630

75-0

70-0
37-0
54-0

«50 75
250 310
450 560

74-0
2.5-0

77-0
26-0

51-0

530

Highest

600 710
180 310

«7-0

Average

38-7i 52-9

45-3

Arenge

Charlest'n—
HlKhest
Lowest

Average
Auai'STA.—
Highest

Lowest
Average

ATLANTA.
Highest

Lowest
Average

8AVANXAH.—

39-8

28-11

X1U

340 250 330
65-0 58-1 620

05-0 100-0

54-0

92-0
43-0

590

5->-0

.0-6

70-1)

78-4

76-8

910

89-0

96-3 100
64-11
8 -0
81-8 80-6

5.3-0

86-0
33-0
B3-3

88-0

82-0
42-0
65-0

850

88-0

74-0

84-0

3i;-o

;14-Il

86-0
27-0

880
340

54-0

BOO 630

86-0

73-0
26-U
49-4

89.0
28-0
4S-9

ra-0

820

3;^-0

27-0
59-8

86-11
33-11

77-C- 78-0
SS-o; 45-0 84-0

81-0

81 1-0

88-0

HI -11

96-C

95-11

99-1

42-11

39-11

37-11

4'<t-ll

661

dl-3

60-0

67-4

719

69

58-0

63-0
75-8

58-11

1

8H-0
43-0
68-3

73-9

83-2

810

77-0
48-0
63-6

74-0

75-11
43-11

74-11

81-11

91-11

49-11

6011

93-1
«8-|

940

40-11

84-11
38-11

88-11

«.'S-0

58-3

«0-7

58-8

89-0

88-2

71-4

78-2

82-4

808

66-0

75-1]

TO-IJ

79-1

78-1.

89-C

Hl)-1

«H-(I

34-0
51-3

40-1

620

64-4

67-5

58-0
78-2

105-5
61-2
78-7 82-9

080
030

58-U

3O-0
51-1

30-11

45-2

:wii
51-2

960

24-(l

8o-0i
39-0

74-5
280 39-0
47-91 59-4

71-C
30-1

77-1

73-t

82-11

:mi

.•iS-l

W-l,

90-11
32-11

ftVl
42-1

53-7

56-5

57-3

64-5

65-6

69-2

75-t
42-t

78-t
36-t

77-1,

84-11

43-1

77-1
42-1

81-11

31-t

42-1

38-1

50-4

«3-i

83-4

60-4

59-9

65-7

65-8

Highest

71

(.

78-C

Lowest
Average

•£n

331

72-t
22-1

78-1
29-1

81-1
35-1

470 530

47-0

53-2

58-0

Jllghest

71-1

Lowest
-Average

201

77-t
3j-l

72-t
2H-t

82-1
31-1

78-1
36-1

43-3

59-8

60-3

51-5

56-2

COLU.MB'S.Oa.
Highest

Average

MACON.—
Highest

Average

JACKSONV.—
Highest

72-0

Average

530 62

Cedar Keys.
Highest

Lowest
Average

74-0
34-0
54'8

MONTGOM'BY.
Highest
Lowest
Average

35-11

54-0

2H-(.

«j-0

64-3

410
68-9

420
630 680

49-0

5b-8

52-0

730
92-0
59-0
77-0

.Ml-l

91-0
66-0
78-5

63-0

1

Average
K. Orleans.Highest

Lowest
Average

72-0

1

75-(:

1«-11
49-11

80-1

940

IKI-ll

99-1-

58'5
76-9

53-11

64-1

75-3

830

95-0
63-0
80-2

84-C

ft9-f

88-11

971

90-0

411-1

60C

58-1

71-5

690

71-2

77-

76-6

83-(

,801

84-1 91 •(
32-1
34-C
59-o: 61-4

«3-(

oa-f

91-1

40-1

621

541

10I-(
60-(

66-1

77-f

72-1

83-8

85-0

90-e
38-0, 31-(

S9-(
41-1

040
62-C

93-f
B3-C

69-(

63

60-5

66-9

88-5

76-8

76-2

81-5

78-5

801

92-I
40-1

85-0

89-0

940'

Ofl-n

44-C

8-Jt

8HREVEP0BT.
•

93
63-0

780

VICKSBURO.-

Little Rock.
Highest

60-0

Lowest
Average

71-1

m-i

13-C

lll-t

20-1,

aio

50-0

39-0

46-0

8U-1

651

71-1

12(

7a-(
28-(

20-1

34-9

53-1

41-U

111
45-8

80-0' 74-(
240 20-(
48-0, 50-0

NAsnviLLE.Hlghest

Lowest
Average

1000 94

1

1

75-t
21-C

bagging since onr last report, and the market continues to rule
firm.
There have been sales of some 1,300 rolls, for which full
figures were paid, and at the close holders are quoting ^%c. for
1% lbs 10%c. for 2 lbs. and nys@n]io. for standard qualiButts have not changed in price, but not so much desire
ties.
is shown to lay in stocks; and though a fair demand is reported,
few large lots are changing hands, and the orders are for smiU
parcels. Quotations are 2J's@3c. for paper grades and 3]4@
3)4:0. for bagging qualities.
,

Ellison

76-0
28-0
,

a:ti

620 640

71-0

78-0

75

84-(

870

90-0

9* -6

98*0

2rt-(

33-1

40-i:

Dl-7

57-t

«x:

91-5
51-0
70-7

65-4
78-7

77-9

73-(
29-(

74-2

1

650

73-0

89-1

74-1

76-0

76-0

Lowest
Average

34-(

22K

301

960

39-(

47-4

31
50-5

92-0
59-0

91-0 lOO-Q

2.V1

630

51'tl

431

87 (
271

87-0

14(
34-0

52-S

60-(

64-(l

74-1

*-l

69*0
77-0

Hlghest

68'(

75-(

68-1

741

Lowest
Average

82-(l

47-0
64-C

40-1

47-1

51^-0

73-C

61-a

63-7

68-

680

58-!i

89-0
64-0
77-n

940

37-1

54-t

81
46-C
71-4

900

;«-t

72-0
40-0

77-0

28(

77-7

83

81-5

8O-0
43-C
65-1

70-0| 80-1

93-2
64-2
77-'

91-0
58-0
78-0

95-«

78-1
8-t

79-1

97-0 104-0

4')-2'

59-1! 49-51

93-C
611.
76-C

81 n

Galveston.-

INDIANOLA.—
74-1

Lowest
Average

21 (
45-4

Rl-ll

R7-f

38-1

76-1
47-1

80-0

32-0

46-1

57-

63-!!

32-1
62-;

40-(

55-a

69-t'

72-'

80-1
23-(

82-1
29-1

a«-f

«4-r

94-0

94 -C

34-1

2.3-1

351

M'C

58-31 58-d

CORSICANA.—
Lowest

Circuhr for July.— We have

week

this

:

:

73-0

Highest

Highest

Co.'s

Our last report was issued oi the 11th ult. The market had
been firm for several days, and prices had gained l-16d. on the
During the subsequent
spot' and l-32d. to l-16d. for futures.
ten days the business was very limited, and prices gave way
^d. for spots and near futures and l-16d. for new crops. The
Bureau report giving 1 per cent increased average, and 6 per
cent worse condition, was disregarded and had no influence.
Large crop estimates were predominant, Manchester was inacThe decline, however,
tive, and lower prices were expected.
brought out buyers, and only a moderately-increased inquiry
between the 20th and 23d ult. led to a recovery of nearly the
whole of the previous decline. Thence to the 27th there was a
pause in the demand spots were not quotably lower, but futures
There were apprehensions of heavy tenders against
lost 1-lGd.
July deliveries, and it was thought that these might develope
some weakness in prices. But, although the tenders were considerable (25,000 to 30,000 bales), the remarkable way in which
the cotton disappeared re-inspired confidence, and between the
1st and 5th inst. the market became strong and buoyant.
Moreover, faith in the future was strengthened by an important rise in the value of silver, and the pro.spect of a continued
improvement in this direction. The altered situation brought
out orders in Manchester, and led to an increased demand for
the raw material to cover contracts. The result was a large
bu.siness in both spots and futures, and an advance between the
1st and 5th inst. of %d. to 3-16d. on the spot, 7-32d. in near
futures and 5-32d. in new crops. Since the 5th inst. the
demand has fallen to more moderate dimensions, the market
has assumed a decidedly subdued tone, and prices have given
way l-16d. on the spot and l-16d. to 3-32d. for futures, with a
tendency at the close still in favor of buyers.
The following is an account of the principal fluctuations in
the prices of middling upland on the spot and for forward
delivery during the past month
June- July- Aug.Spot. July.

10
20
23
27

MK.\IPHI8.—

Highest

&

received Mr. Ellison's circular dated July 9, and give it below
CODRSE OF THE LIVERl'OOL MARKET, JUNE 10 TO JULY 8.

1

47a

XXXin.

;

100-3

Mobile.—
Highest
Lowest

[Vol.

70
85

f

f!

0-2-0

t

82*9

(1
((

July

63i8
o'lo

6Vi
«'l6

63i8

6632

Aug.

Sepl.

5

ilf
'32

8

65„

Nop.- Dec- Jan.-

Oet.-

6i6

Nne.

Dec.

515

529.,o
5i3.,o

Jan.

0'8
6% 6
513,6
5 '8
63.,,
0l5i6
61*64 6i«.
513,8 513,6
o'a
62964 61364 6
531s2 53132
6^ 633- ni3,fi 528:,2 52930
65i6

6732

Sept.Oct.

I

Feb.
5''a

513,8
513,8
53I32
52930

Showing a net advance of J-gd. on the spot, 1-lGd. for near
futures and l-32d. for new crops. Compared with the rates
current a month since, the spot quotations of to-day (July 8)
show an advance of l-l(id. in good ordinary uplands and %a. in
all other grades and descriptions of American
l-16d. to %d.
in Brazils ; %d. in brown and ^d. in white Egyptian
J^d. in
" fine " Gallini Egyptian and l-16d. in good fair DhoUera and
Oomrawuttee, but no change in other sorts of East Indian.
P. S. Last night the New York market was reported as
having opened dull at four points decline, but this morning the
telegrams report that the decline was recovered, and some
three to four points besides. Our market, therefore, opened
strongly, and a good business has been done at an advance of
l-16d. on the 3pot, and a rise in futures of 3-32d. for near
position, l-16d. for September-October, and l-32d. for new
;

33-(i|

42-f
88-91 69-t

54-1
78-fl

65-0
86-2

97*0
64-0
80-5

^ The following remarks accompany the month's reports for
June, 1881

Wilmington,

C— Heavy thunder storms on the 2nd and
C— Unusually dry daring the month.

iV.

29 til.
Charleston, S.

;

;

—

Augusta, Wa.—Generally dry and warm weather prevailed.
Savannah, tfa.— Vegetable crop damaged by drought
Cedar Keys, Fte.— Fresh west wind prevailed with no violent crops. July-August 6 13-32d., August-September 6 31-61d.,
storms. The wind exceeded 25 miles per
hour during showers September-October 6 3-16d., October-November 5 63-64d. and
on the 1st, 2nd, 9th and 15th. Precipitation small.
November-December 5 15-16d.
Montgomery, Ala.-l^o rain fell from the 10th to 18th
COURSE OF THE MANCHESTER MARKET, JUNE 10 TO JULY 9.
inclusiye.
Some little complaint from planters. Heavy wind
and ram on 28th, but no damage to crops reported.
The market was closed from the 8th to the 13th ult., for the
Ifew Orleans, Xa.-Thermometer the highest on record
Whitweek holidays. It re-opened quietly and remained withfor
"'""^ ^^^' ^^^"^
reached 98 (Dr. J. Jones, out any important change until the close of the month— in
i*'
some instances yarns ;receded %d. and shirtings l^d., but the
Galveston, Texas-The smallest rainfall
fall was recovered during the opening days of July, and the
for any month
Since opening of stetion— April,
final rates are in most cases a trifle higher than those of a
1871
Tery dry and hot month. The rain- month since. The business for India and China has been rather
rJ\M:tlT^'^' ^f^f^'-A
^°°. "»^" '° measure.
The cereal crop limited but for other markets and for the home trade the
nf wwin
-n^
of
western T^""""
Texas will
sales have reached a fair aggregate.
be cut very short by the drought.
Producers are well under
Corsicana, rea.-a*.-Crop3 suffering terribly
for want of rain. control, and the mills are all fully employed, except those in
the fine spinning department, which continues exceptionally
CEsaua FiouKEs of Cottox CoNsujipnoN.-In
our editorial inactive. Subjoined is an account of the exports of yarns and
columns wUl be found Mr. Atkinson's
revised figures of cotton goods during the first six months of this year and last
consumption, which constitute hLs
final report as prepared
,

autS

'^^

;

:

for

the Census Bureau.

A Bale of New Cotton for BREMEif.-A bale of new cotton
weighing 420 pounds, which was
received Monday evening,
(July 11) from De Witt County, was
sold on Tuesday, July 12,
tp Mr. J. 0. Aymer, for $175, and
shipped to Bremen.
Jtrns BuTTa, Baooiho,

&c.-There has been a

fair

demand

for

Turn.

Piece Qaodg.

1S81

1880
InoTe.180

.

Total.

Tarda.

Lbs.

Lbs.

Lbs.

2,3.-il).815,900
2,061, 6u7, .500

425.420,000
375,210,000

122,881,000
93,914,000

548,301.000
469,124,000

278,14H„TOO

50,210,000

28,067,000

79,177,000

We have assumed

that on average 5}i yards of piece goods
are equal to one pound of yarn. The total excess is 79,177,000

Jm,T

THE CHRONlCLa

23. 1881.J

-ISO lbs,, or 0,770 bales per week
that the gootls shipped this year
are (on average) lighter than thoee slipped last year, and
that there are, in oonaequenee, more yards to the pound. If
the exports this year averafre ti yarda to the pound, against .l^
yards last year, the excess, instead of 7i',000.000 lbs., would be
about 54,000,000 lbs., equal to 120,000 bales of 450 lbs., or 4,(110
per week.
MOVEMB.NTS PUBINO THE .'<K\SO.N, OCTOBKK 1 TO JUNE 30.
The deliveries to Knglish and Continental spinners during the
tirst nine months of the season compare a-s follows with the
tigures for the corresponding period of last season:

lbs.,

equal to 176,000 bales of

for26weekH.

Tear Beginning Septembtr

Uonlhly

It is possible

Beeetptt.

1880.

Bnpt'mb'r
Ootober.

438,478
068,31^

.

Marcb
April

.

572,726
476,532
281,216
190,054
131,871

.

.. ..

May
Juno

No. of lml«8..
Av.wjflil (Ills)
Tot.W(.'liI

(!''»>

2,131,740

2,123.190

2,:97 830

2,323,150

450

449

432

424

1,031,335,000 l,031,72.%,«70 l,003,«J0O,80O

903,857,760

Bales ul 400
llw

1879-30.

1880-81.

1870-SiO.

2.725.000

2..'>7'.),000

2,509,000

2,239.000

The rate of consumption (in bales of 400 lbs.) we estimate at
69,000 per week for Great Britain and 56,000 for the Continent,
against C.i,,'i00 and 52,000 respectively last year ; or, for the five
weeks comprised in the past month, 345,000 bales this year,
against 327,000 bales last year for Great Britain, and 280,000
bales against 260,000 for the Continent. These items, added to
the figures given in the previous report, make a total for
nine months of 2,076,000 against 2.498,000 for Great Britain,
and 2,160,000 against 2,033,00;) for the Continent.
On the basis of the foregoing estimates, the movements for
the nine months of this season and last compare as follows, in
bales of the uniform weight of 400 Iba.:
Oreal Britain.
1880-81.

1879-80.

Continent.

1880-81.

1879-80.

Surpliia stock, Oct. 1
Deliveries to June 30

91,000
137,000
27,000
27,000
2,728,000 2,379,000 2,509,000 2,259,000

Supply
CousumptioD, nine montlia

2,7,^5,000 2,606,000 2,646,000

BarpliiR 8t<ick

2,3.-)3,000

2.676,000 2,498,000 2.169,000 2.033,000

79,000

June 30

108.000

477,000

320,000

net excess in the surplus stock at the mills for the whole
of Europe is 128,000 bales of 400 lbs. (or about 114,000 bales of
450 lbs.), assuming the rate of consumption to be no larger than

The

the estiniate.
In bales of 450

the estimated weekly consumption is
61,300 bales for Great Britain and about 50,000 for the Conlbs.,

tinent.

Last year, at the end of ,Iune, 57,000 bales were deducted
from the stock of American in Liverpool lor cotton forwarded
and not previously returned. This year, one firm who la.st year
returned 32,000 bales out of the above 57,000, have made
returns weekly, and in some eases the Arms who sent in the
remaining 25,000 bales have also given periodical returns; but
it is well known that a large quantity of cotton forwarded by
importers to spinners direct has not been reported to the Cotton
Brokers' .Association, and there are good reasons for believing
that the usnal annual stock-taking, which takes place at the
end of September, will disclose a considerable deficit, compared
with the published estimate. Last year the deficit (leaving out
the 32,000 bales before mentioned, and against which corresponding returns have already been made this year), was 95,(X)0
bales— 25,000 at the end of June and 70,000 at the close of September; in 1879 it was 62,000 bales, and in 1878, 73,000 bales.
The greater part of any deficit shown on stock-taking will
have to be added to consumption; and it is possible that the
weekly rate may be increased to 70,000 bales of 400 lbs., or over
62,000 bales of 450 lbs., which figure is really indicated by the
increased weight of goods and yarn exported.

08,401
878,533
822,493
900.119
689,610
472,034
340,525
197,065
96,314
42,142

1870.

83e,86A
675,200
901,392
787,769
500,080
449,086
183,937
100,191
68.939
36,030

187S.

169,077
610,316
740,110
821,177
637,067
479,801
300,128
103,593
92,600
42,334

This statement shows that ap to Jane 30 the receiptii at the
more than in 1879-80 and
1,239,532 bales more than at the same time in 1878-79.
By adding
to the above totals to June 30 the daily receipts since that time,
we shall be able to reach an exact comparisoD of the movement
ports this year were 843,953 hn\en

for the different years.
1831.

1879.

1880.

1878.

1877.

1876.

30 5,681,281 4,837,328 4,421,749 4,238,246 3,939,755 4,056,100
July 1....
3,402
343
948
1,901
8.
1,073
" 2...t
2,701
271
970
1,511
2,902
8.
rol.Jn.

"

3....

"

4....

"
"

8....

"

7....

"

8....

"

9....

1,521

B.

1,733
2,855
4,00J
3,880
3,961
3,036

6....

"10...

2,624
1,530
1,704
2,068
4,563
2,232

"13....

" 14....
" 15....

" 16...
" 17....
" 18....

"19....
"20....
"21....
" 22....

2,731
3,222
2,761
3,045
3,404
3,469

629
414
8.

1,112

1,874

933

930

783
2.632
1,406

1,034

316
8.

834
563
793
613
633
477

1,382

8.

3S0

2,502
1,531
1,490
2,897

B.

542
521

2SH

848
367
Oil
840

l.OW

815
798
631
479
726
75S

796
671

409
206
255
158

1,861

2,067

061
1,134

452

S.

1,013

8.

2,187

8.

8.

334
563
322
287
399

8.

3,009
4,188
2,467
3,717
2,512

1,176
761
1,103
8iC

1,548

S.

8.

"11....

8.

1,128

694
1,485

C29
1,282

078

B.

364
572
839
415
996
239

8.

772

8.

1,468
1,247
1,094

567
1,338

874

B.

5,741,407 4,876,721 4,431,824 4,253,582 3,953,773 4,078,057
Percentag e of total
97-88
97r,0
97-30
9965
9791
port reo' Its July 22
rotal

This statement shows that the receipts since Sept. 1 up to
now 864,686 bales more than they were to the same
day of the month in 1880 and 1,309,583 bales more than they were
to the same day of the month in 1879. We add to the table
the percentages of total port receipts which had been received to
July 22 in each of the years named
Indu Cottox Move.mext from all Ports.—The ttgares which
are now collected for us, and forwarded by cable each Friday, of
the shipments from Calcutta, Madras, Taticorin, Carwar, &c.,
enable us, in connection with our previoasly-reoeived report from
Bombay, to furnish our readers with a full and complete India
movement for each week. We first give the Bombay statemen t
for the week and year, bringing the figtires down to July 21.

to-night are

BO.HBAT RECKIPTS AND gRIPMEIITS FOR FOtJR TBAR^.
Shipments since .Tan. 1
Receipts.
this wcefc.

Shipments

PROSPECTS.

Under this head we cannot add anything new to our remarks
a month since.
The broad facts of the situation are
unchanged. The exceptionally large proportion of the American crop taken by the Continent and by American spinners has

rear Oreat
Brit'H.

of

down

the shipments to Great Britain to so comparatively
limited a compass, that the present visible supply for the United
Kingdom is only about the same as it was at this time last year,
while the rate of consumption, present and prospective, is much
larger, and the range of prices much lower. This explains the
strength displayedty the market daring the past fortnight, iti
the course of which prices have gained 3-16d. per lb. The
Advance which has taken place will bring more cotton to
Liverpool, and bring it quicker than would otnerwLse have been
the ca.se; but the prevalent opinion here is that a further rise
will be witne-ssed before the close of the season.
Afterwards
everything will depend on the prospects for the new crop, which,
80 far, are favorable for a large yield.

cut

388,848
680,261
779,237
893,664
618,727
566,821
303,955
167,439
84,200
29,472

1.

1977.

Total year 5,031,281 4,837,328 4,421,749 4,238,246 3,039,755 4,036,109
Pero'tage of tot. purl
96-78"
receipts Juno 30..
97-52
0071
9912
97-3rt

" 12....
- .

338,643
888.402
043,272
956,464
647,140
447,918
261,913
159,025
110,006
88,455

Novemb'r 1,006,501
Deoemb'r 1,020,802
Janoary
571,701
ftobmary.

1878.

1879.

Continent.

Orral Britain.
1880-81.

107

—

COMPARATIVB PoBT RbCBIPTS AND DaILT CEOP MoVEMEST.
A comparison of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the
onth. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The movement each month
since September 1 has been as f oUows:

1881

1880
1379
1878

Conti-

nent

Total.

Oreat
Britain

6,000 258,000
15.000 1.'>.000 344.000
3.000 4.000 7.000 ^37.000
6.000 3,000 9,000 234.000

6.000

Continent.

This
Week.

Total.

30.->,000

739.000
806.000
512,000

377,000

66l,00('

501.000
462,000

Since

Jan.

1.

8,000 1,107.000
7.000 1,030,000
3,000 759,000
4,00u 337,000

According to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of 1,000
baleH, and a decrease in snipments of 9,000 bales, and the
shipments since January 1 show a decrease of 47,000 bales.
The movement at Calcutta, Madra.s, Taticorin, Carwar, Ac., for
the same week and years has been as follows,
OALCUTTA. MADRAS. TtlTICORIS. CARWAR. RASOOOX AMD KCRRACRCE.
Shipments
Year.

Oreat
Britain.

1881
1880
1879
1878

3,000
1.

000

10,000
1,000

this week.

Continenl.

2,000
1,000
5,000

Total.

5.000
2,000
15.000
1,000

Shipments since Jantiary
Oreat
Britain.
1,'M,000

191,000
178,000
72,000

Continent.

63,000
76,000
109,000
51,000

1.

Tolat.

214.000
267.000
287,000
123,000

The above toUls for this week show that the movement from
the porta other than Bombay is 3,000 bales more than for the
same week last year. For the whole of India, therefore, the total
shipments this week and since January 1, 1881, and for the corresponding weeks and periods of the two previoos years, ue

M

follows.

THE OHKONICLE.

11108
BXPORTB TO EnROPK FROM ALL

from—

Jan.

weelc.

1.

Since

Since
Jan. 1.

This
week.

Jan.

1.

f.OOO
5,000

759,000
211,000

15.000
2,000

806.000
267,000

7,000
15,000

512,000
2S7,000

ll,000l

973,000

17,000 1,073,000

22,000

829,000

Bombay
Allotlierp'rts.

Total

This

Since

This
week.

1879.

years np to date, at

all

India ports.

Alexandria Rbceipto and Shipments.—Through ammgementB
we have made with Mes-srs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weeldy cable of the movements
receipts
of cotton at Alexandria, Egypt. The foUowing are the
and shipments for the past week and for the coirespondmg week
of the previous two years.
A-lexandria, Egypt,

1,000
2,771,500

week

Since Sept. 1

2,767,000

3,204,006

Since
This
week. SeiH. 1.

To Continent
Total Europe

2,500 245,500
1,766 154,074

1,500 291,280
1,142 175,470

1,000 170,000
500 79,000

4,266 399,571

2,642 466,750

1,500 249,0K)

98 lbs.
This statement shows that the receipts for the week ending
July 21 were 1,(X)0 cantars and the shipments to all Europe
• A.

oantar

—

30,301

Liverpool, seiiles.

New York
New Orleans
Mol>ile

Oott'n

8I4 lbs.
Shirtings.

32» Cop.
Twist.

Up

8H

32« Oop.

Mkl.

Baltimore
Boston
Philadelphia
San Francisco

d.

s.

d.

d.

s.

d.

d.

d.

5iii®7

8I4

July 1 8'e® 93816 oi2®7
"
8 9 a 9»»0 9 as
" 15 916® 9?i 6 9 as
" 22 9is« 9% 6 9 ®8

8H

8''8® 91a

® 9%
® 9%

63, „
63,

9
9

6°,p

914

6:-'i6

6
6
8
6
938 31014 6

310
9i4®10

61I16

d.

s.

9l2®]0l4 6
51337 8I2 5'8
5i2a7 81^ 516,6 9i2®l0i4 6
5ia®7 8i2 O'lr, 913 31014 6
5I2S17 8i« 63,6
91a 31014
S'a® 9^
8 '8* 912 6 5t2S7 81^ 6»,6
913 ®10l4 6
91s
8»8® 91*
S-\3i yia 6

" 24

d.

s.

37

9

71337
71337
71337
71^37
41337
4i3®7
712^7
713^7
71337

d.

9
713
7I2
7I2
7I2

613,6
01116

1.43a

350

2,6:9'

5,829
2,50O

92

92

120

23,826

3,155

3,200

30,301.

Cotton freights the past week' have been as follows:

I4

"64®
sail...<2. 1^32 3 "732

Do

Havre, steam

Do

c.

sail

.c.

sail

Do
'

1184®%

632 3 '32 532®''32
1332*
"32*

53i!<*''32

'>32®%2

1''>S2*

1332*

1332'

1332*

38® la

38a>s

3eai3

38® I3

38313

983 la

883 ifl

sa^ia

38»ia

38® I3

38® I3

383 1«
I9

—

....

8ail...d-

Do
Baltic,

1154314
SaaaT,,

e.

ECamburg, steam.d.

Do

Fn.

Il64®i4

Wednes.

Tues.

c.

Bremen, steam,

Do

Thurs.

Il64»l4 1164® I4

Mon.

Satur.

\

H

13

la

H

d.

Hn

he

616

Bie

Hi

Sis.

e.

1964

1964

1964

1904

"04

l».r

Ball... (J.

steam.
sail

Compressed.

July

54,000

Of which exporters took
Of which speculators took..
Sales American

1,940
3,300
44,000
3,400

Actual export
Total stock— Estimated

6

6\
613i6
6-'s

613,6

Exported lo—

June

July

July

July

29.

6.

13.

20.

Total
since
Sept.

1.

Sanie
period
previous
year.

Of which American
Amountafloat
Of which American

2,090,

1,141

2,593

Britisli ports

4,870 3B1,.^35 437.933
21,016 28,1500

Total to Orbat BarrAiN 2,030 1,141 2,595 4,870 382,551 400,433
Havre

565

500

French

Bremen and Hanover

Hamburg

...

120

37,594

36,517

455

250

250
900 41,282
20 1,700 21,217

37,521
19,035
23,698

39,319

455

250

Spain O p'rto, Gibralt'r,&c
All otlier

270
3,454

,

2,600 101,818

3,200

3,454| 3,200

.

.3,110i 1.894

:

10,224
2,274
12,498

10,454

6,319 10.700 531,461 595,078

Shipping News.—The exports of cotton from the United
States the past week, as per late.9t mail returns, have reached
30,301 bales.
So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
•'
night of this week:

HEW TORK-Tp

*"*""

Liverpool,

nor steamers Arlzina, 3,009 .T"'"'
Batavia,4n....Cltyof Oliestor, 231....Krin,
4,S70
To MarscillcB, iiii- stoamor F. do Lesseiis, 120 ...1,109. .
i'>o
".."..
Tol!remcn,iHTtleamersKlIie, 500.... Ohio, 100
900
JO Hambnrc, per steamers Clinbiia, 700. . . .Silesia. 1,000
1,700
1"'' steamers Iflolibah, 3,000. . . . Vldal do Sala,
V, .vi"*-'^'''""'
. .

-.oo

"" T,V«r^'^*"^~^" Liverpool,

*?

per 8teame"rii.VriIia,3,300::::::;;
Ikcn, 205

To Brciucn, per bark Senator

MomLE--To Liverpool, per sliip Tonawumia'. 3.534
texas-to Liverpool, i„.t but/Laudsoeiv viaz.:..'...'.;;::",;::::

r.,soo

3.000
5,400

838,000

^^20,000

04iJ,000

(•):i,:.,000

30.000
2i,000
201,000
93.000

50,000
40,500
172,000
73.000

Saturday Monday.

Tuesday.

irerfiie*.

Steady.

Firm.

Easier.

69i«
6=8

69,6
6=8

Thursd'y.

Friday.

Quiet.

Dull.

Spot.

Market,
12:30 P.M

Dull
)

\

Mid. Upl'ds
Mid. Orl'ns

Market.
5 p.m.

and
easier.

69,6

6=8

05a

6%

61ll„

0'-ll6

61 lie,

10.000
i.ouo

10,000
1,000

Film.

Dull.

\
5

12,000
1,000

6,000

Sales

300

8,000
1.000

7.000
1,000

Futures.

Market,
5 p. M.

\

Firm.

Weak.

Dull.

Steady.

S

The actual sales of futures at Liverpool for the
below. These sales are on the basis of Uplaud.'ii
unless otherwise stated.

same week are given

Low

Middling

clause,.

SAimiDAY.

Delivery.

I

.

...6'8®i932
I

8ept.-0ot

6''32

July
July-Aug
Aug.-Sept

69i8
69,0

I

Delivery.
Sopt.-Oct

d.

Velircry.

69,6 INov.-Doo

July-Aug
Aug.-Sept

d.

v.-v^t?!"
6n.-i2®i3

Jul}--Aug
Aug.-S6pt...b9ie*i'32

d.
.63l8

Nov.-Deo

52*32:

July

60»

July-.Yug
Aug.-Sept

621..2-

HONSAT.

Scpt.-Oct

619323=8
6132® 14

6

Oct.-Nov..,

53I32
Si^ie

Nov.-Deo

Dec-Jan

.

6=8

|
I

TCE8DAT.
July

July-Aug
Aug.-Sept

62132
62I32
62I32

®lli„®233„
Sept.-Oct

65i8

July
July-Aug
Aug.-Sept

61932
01932
OSg

Oet.-Nov.
Nov.-Deo.'

6I32

6

Sept.-Oot

Jaii.-Feb

6
0=8

July
Nov.-Dec

July-Aug..

Aiig.-Sept

6lhg.
6932
6=9
53132^

WEDNESDAY.
Aug.-Sept
Oct.-Xov
Jan.-Feb....
July

02132
I

6

I

53133

Sept.-Oct

OH

July

6=8

July
July-Aug

6II16
6II16
023^3
05i6

Nov.-Deo

53I32

Oct-Nov

6„.
62l3„

C=s

Oct.-Nqv...
Nov.-D*3;

62is2
July.-Aug
Aug.-Sept ..6i'i6®23326933
Sept.-Oct

Nov.-Dec

,...62l3'

31616,

TnCKSDAY.
Aug.-Sept
Sept. Oct

I

JiUy

July-.Vug.-

.e2«32

.\ug.-Sept..

.OlllS.

Sept.-Oct..

.693a

yBlDAY.

ooo

3,300

6,100'

801,000
613,000
31.000
19,000
186.000
SO.OOO

bean as follows:

82,271
7,018
3,400

3,50<V

3,200
37,500
3.500

40..i00

0,80(1

,

500

Total to North. Europe

Grand Total

36,517

1,009

565

Other ports

Total Spain, &o

35.985

"120

Other Frencli ports

51,000

The tone of the Liverpool market for spots and futures each day of the
week ending July 22, and the daily closing prices of spot cotton, have

Speo.&exp.
Liverpool

Jutyl^

65.000
2.300
6.800

77,000
2,800
0,300
59,000
5,300

882.000
678,000
53,000
40.500
192,000
92,000

Forwarded

Of which American- Estim'd
Total import of tile week

Julylo.

Julys.

I.

bales.

613,0
613,„
li\

713
713
9

Week ending-

—

week

oi-^

of Cotton from New York this week show an
increase, as compared with last week, the total reaching 10,790
Below we give our usual
bales, against 6,319 bales last week.
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the tiital expor(;s
and direction since September 1, 1880, and in the last column
the total for the same period of the previous year:
Exports OF Cotton (bales) from New York since Sept. 1, 1880.

TOTAi.

205

2,500

Mid.
Uptds

The Exports

Other

Total..

10,790
3,505^
3,534r

Cotl'ii
lbs.

Shirtings.

Iwist.

(Is

May20 8=8®
" 10
" 17

3,200

1,432
2,209
5,829

Texas

Sales of the

Jime3

lona.

2,600

Liverpool. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c., at that port:

1880.

1881.

'27

Hamburg,

120

4,870
3,300
3,531

—

comparison:

d.

2,500

particulars of these shipir.dats, arranged in our usual
form, are as follows:
Mar- Bremen <t Barce-

Amst'd'm, steam.c.

Our report received from Manchester
to-night states that prices for both tvrists and shirtings are
tmchanged, and that the market is quiet and iirm. We give the
prices of to-day below, and leave previous weeks' prices for

5,82»

92

Total.

is

were 4,266 bales.
JIanchestee Market.

Nesmitli,

350

The

Liverpool, steam d.

Exports (bales)—

James

2,269

92.

Since
This
week. Sept. 1.

Sitice
This
week. Sept. 1.

Total bales.

(foreign)

Total

Beoelpts (eantara')—
Tills

1879.

1880.

1831.

July 21.

....Indiana. 1,000
Francisco—To Liverpool, per ship

San

of the
This la-st statement affords a very interesting comparison
and for the three
total movement for the week ending July 21,

—
—

395
Enrique, l,137..-.Koe8more, 737
To Bremen, per steamer Strassburp, 350
CauoBoston— To Liverpool, per steamers Hulgarian, 1,897
Massadiusetts, 220
MilIstrian, G93
pu8, 2,361
424
anese, 226. ...Samaria,
Philadelphia— To Liverpool, per steamers Britisli King, 1,500
Liverpool, rer steamers Caspian,

Baltimore— To

1880.

1881.

Shipments
lo all Europe

IITDIX.

fVoL. XXXIII.

July

"01
3 VI4

Julv-Aug

O^SiSj,,

tlU

Aug.-Sept
Sept. Oct

62I32
O'i

July
Juli -Aug

Aug.-Sept.

6
....515,6
62I32
62I32

I

1

I

I

.0"

JulyAng..
July-Aug..

.6

July

THE CHRONICLE.

23, 1881.1

BREADSTUFFS.

109
1881.

Flour

bbU).

4,775,.'S50

bush.

27,720,31).-,
t>i,ir>2,oiri

1880.
3,042,228

KliIDAT. P. M.. July 22, 1881.

There has been a hardening ti-ndeney for ttour in the past
weelt, and at time.M the demand was quite active. The improvement was most decided in low and medium grades from winter
wheat, which are comparatively searoe. The high grades did
not share in the improvement. The demand has been brisk
from the home trade, but sales for export have been quite free.
The market closes quiet.
The wheat market was steadily advancing during the week,
down to about noon yesterday. The bad weather reported in
the Northwest had stimulated speculation, which resulted in
something of a " corner" on contracts, both here and at Chicago.
Yesterday the sjiles of futures in this market approximated
three million bushels, and the highest prices of the day were
^1 29% for No. 2 red on the spot, $1 80)6 for July, $1 29% for
August, $1 30M for September and {I 31)4, for October but
the close was at l®2c. under these flgnres. No. 2 Milwaukee
spring brought $1 23 and No. 1 white $1 27@|1 27?^ on the
spot. To-day the market was dull and unsettled. No. 2 red
winter closing at about $1 23M for August, f 1 29^ for September and $1 31% for October.
Indian corn has also been tending upward, with considerable
3ictivity, not onlj- in the regular trade but on speculation. Yesterday the advance was checked, and prices slightly receded.
Crop accounts are generally very good for this staple. The
•creage is reported 2 per cent greater than last year. Theie
was no important change to-day.
Rye has been dull and drooping. Shipping orders have been
canceled. Barley remains entirely nominal. Samples of the
new crop have been shown on 'Change. Reports to the trade
here speak very confidently of the excellent crop prospects.
Oats were buoyant early in the week, under speculative
manipulation, prices advancing on the 8potl)^@2c. per bushel
but the improvement in futures was not so great. Crop prospects are said to be generally very fair. To-day the market
"was firm. No. 2 graded 44/6c. for mixed and 45c. for white, and
jNo. 2 graded 39c. for August and iiT^c. for September.
;

The

following are closing quotations:.

$3 209 3 70
3 00® 4 10
4 Sua 4 80
4 30» 4 60
Sprlne wlleat e.\tras.. 4 85 3 5 25
do XX and XXX... 5 iO'a> 6 75
yUa. & Mlim. rye mix. 5 75s 6 00
bbl.

Wlutershipp'KOXtras. 5 OOa
do XX audXXX... 6 (ioa
Patents
6 0(1®
•City RliipplnK extras.
6 2b9
Uouthcni, bakers' aud
family brands
6 2.%»
South'n slilp'x extras. 5 403
Kye flour. siiperHue.. 5 009

5.50
7 25
8 00
6 50

300a

3 30

"Com meal—
Western, Ac
Brandy wlue, Ao

3

WheatSpttag
Spring.No. 2
Red winter
Rod winter, No. 2
White
Corn— West, mixed
West. No. 2.
Western yellow..
Western wliite . .
South, yellow
South, white

7 50

Rye

6 00
5 55

Oats-rlUied
White

403 3 50

$108 ®124
120 ®i ;;3
115 ®1 32
1 28H3'1 28%
115 ®127i2
50 ®
56
50 '3
56ia3
57 ®
58 ®
87 ®
43I43
42 S>

la
57>4
59
53
59
62
91
4818
45 13

a

Biu-lcy—Canada W.
State, 4-rowed...
State, 2-rowed...
Peas—Cau'da,b.&(.

«..
....®..
&...

(From the " New York Produce Btchanoe Weekly.")
Receipts of ttotir and grain at Western lake and river ports
Cor the week ending July 16, 1881:
Flnnr,
bb:$.

At-

(lt»(Wft«.)

OhlcHno

50.080
71.290
1,315
7.522

Mllwiiukoe
JColedo

Detroit
•Cleveland
Wt. Louis

1,891
10,532
1,487

4»eona
Doluth

Wheat,

Corn,

bush.
(00 tl>x.)

(50 Uu.)

biiih.

323.902 2,376,636
21C.3G5
21,400
130,779 119,075
44,800
3,697
.".,000
104,475
382.705 210,800
7,750 394,325

Oats,

Barley,

Rye,

bush.
bush.
lis lbs.) (56 lbs.)
512,180
2.554
5,31
bttsh.

(3-2 lbs.)

26.2S0

6,303

3,660

2,203
3,500

1,947
4,525

5,.541

6,032
16,150
44.752
68,200

Total

150,123 1,135,4213.259,908 679.708 14.562 15.449
time '80. 103,161 2,-J81. 210 2,917.957 511,017 11,035 45,703
Total receipts at same ports from Dee. 27 to July 16, inclusive, for four years
1881.
1880.
1879.
1878.
^
Flour
bbls.
4,802,816
3.113,663
3,493,515
3,080,439

Same

„

Wheat

Oom

busli.

Oata
Barley

Kye
Total uraln

....

26.513.762
04.185,779
24.564,618
3,1>53.6.'>2

27,491,983
84,003,071
10.000,338
2.519,859

879,399

1,189,04-2

34,809.872
51,314,261
15,479,402
2,412.809
1,093,090

120,097,210

131,902,295

105,710.100

32,130.410
50.310.809

101,307,199

13,971. :i58

2,891.252
1,997,309

Comparative receipUi (crop movement) at same ports from
August 1 to July 16, inclusive for four years:

„

^^,

*lo<»r

.bbU.

Wlieat

tush.

Com

Oata
Barley
Bj-e

1880-81'
8,476,946

1879-80.
6,333,414

18.407,4«2
2,030,610
1,072,802

20,630,330
70,283,283
13,200,503
1,630,301
1,068.227

Total (Train.... 105.140,280

115,812,704

Oats
Barley

Kye

1878-79.
6,228,071

1877-78.
5,832.883

90,908.633
91.384.656
31,439,274
9,554,553
4,650.039

75.621.052
85,400.425
26.382,915
9,370,112
3,974,186

ToUl (Train.... 265.550.094 251,997,503 227,937,162 200,749.290
Comparative shipments of flour and grain from the same
yoixa from Dec. 27 to July 16, inclusive, for four years:

28,4.%9.fl32
0,0.->7,6Sa

1.684,3n
1,650,1
6,861

91.839,206

1881.

1880.

Week

Week
July 17,
83,720

J lit
Flour

Wheat

II

16.

bbb).

15-?,316

bush.

540.000

Cora
Oata
Barley

1,403,944

418,437
11,379
5,673

Rye

1878.
3,138,041
43,.'i0,M6t

Rail shipments from Western lake and
weeks en(iud

84,353,101
river porta for the

1879
Week

1878.

Week
July 20.
67,312

July 19.
83,634

313.980
402,400
348,080
6,088
36.142

659,323
406,857
308,257
11,332
65,270

335,357
563,122
417,210
7,154
25,101

Total
2,380,333
1.187,290 1,451,029 1,347,944
Rail and lake shipments from same ports for last four weeks:
Week
Flour,
Wheat,
Corn,
Oatf,
Barley,
Rye,
enama —
hots.
buan.
butk.
btuih.
buth.
bu»h.
.Tulv 10. ..185,061 1,035,338
3.685,561
564,267
11.379
5.673
July 9... 148,982 1,385,004 4.348.144 5:iO,772
10,883
6.548
July
2. ..190.870 1,102,080
4,112,979 713,.'>99
J 6.507
13,908
Juuc 25... 230,02
2,009,919 8,688,901 1,658,840
19,242 19,827
Tot.,4 wk8.754,950

4w'k8'80.. 437,049

5,873,031 15,,835,585 3,407.178
5,591,231 16,,33!*,629 2,315,902

Receipts of flour aud

ended July

Flour,
bbls.

New York

104,740
62,413

Boston
Portland
Montreal

1,782
19.802
15,036
10.190
8,782

Philadelphia.. .

Baltimore

New

58.011 15,9.56
57.598 141,760
grain at seaboard ports for the week

16:

At-

Orleans...

Wheat,

Com,

bush.

bush.

Barley,
bush.

Oats,

bush.

978.078 1,706,013
78,060 433,102
6,000
111,431
161,811
191,000 435,000
277.635 572,000
34,152 292,292

231,118
28,300
3,900
77,328
30,000
7,000
24,293

Rye,

busL
3,564

1,000

900

600
1,000

Total week... 228,756 1,703.976 3,633,053
week '80.. 187,856 3,170,190 4.165,338

402,341
1,600
5,464
302,565
1,000 13,128
Total receipts at same ports from Dec. 27 to July 16, inclusive, for four years
Cor.

Flour

Wheat

Com

bbls.

bush.

Oats
Barley

Eye
Total (Train

Oram.

Flmir.

Ho. 2 spiins...*

2»o. 2 winter
Winter supei-flne
Spring Biiperttne

Wheat

Oom

1879.

8.679.671

....

1881.
7,110,588

1880.
4,885,713

1879.
5,315,360

1878.
4,495,151

40,139,158
00,189,000
14,754,230
2,023,583
889,488

48,611,754
84,321,184
13,010,965
1,586.817
822.418

47,769,800
66,868,151
11,451,205
1,713,057
2,110,812

38,006,266
64,066,528
10.933,061
2,102,332

124,206,059

148,353,138

129,913,215

117,913,487

2,.503,300

Exports from United States seaboard ports and from Montreal
week ending July 16, 1881:

for

Flour,

From —

bbls.

New York

Wheat,

Com,

Oals,

Rye,

bsuh.

bush.
1,291,522

bush.

btish.

19,605

413,297

500

251,009

17,517

73.197
22,095

079,684
74,704

0.304
0,038
7,519

113

100,746
220,905
599,005
47,553

Total forw'k 117,926

1,794,6.57

Boston
Portland
Montreal
Philadelphia..
Baltimore
New Orleans..

3,178

Peas,
bush.

3,253

59,558

193,4'20

371,206
274,786

,500

3

2,798,240 39,123
2,960,532 180,770

3,178 62,811
8,100 15.316
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, July 16, 1881, was as
follows:
Wheat,
Corn,
Oats,
Barley,
Rye,
bush.
bush.
bush.
bush.
bush.
In store at—
3,071,339 2,281,343 1,591.089
7,533
50,703
New York
300.000
777,000 138.000
Do. afloat (est.)
0.300
29,000
31,200
li,066
Albany
237,001
620,629 530,108
Buffalo
4,001,186 1,423,400 3,767,066
31,899
23.158
OUicazo
1,135,804
0,707
82,983
11,664
Milwaukee
3,067
501,000
6,000
Duluth
5i',768
2,57.813
274,309
Toledo
5.305
229.922
13,979
Detroit
75,000
5.5.000
Oswego
482.771
20,320
300.045
2,218
St. Ijouis
424,399 107,924
1.900
691
12.708
Boston
11,570
17,712
100
165.134
Toronto
162,789
62,469
606
189,752
Montreal
247,306 207,820
349.833
Philadelphia
90,551
73,951
5,065
1,547
2,113
Peoria
14,300
121.700
107,700
Indianapolis
41.393
72,304
7,906
352
Kansas City
370.272
864,432
Baltimore
48,103
35,936
Down Mississippi.
830,094 2,974,588 526,237
11,379
8,473
On rail
900.330 3,588,681 143,830
On lake
3,000
1,105,232 1,424,755
Canal

Same time

'80.

109.637

Tot. July 16,1881
July 9, '81
July 2, '81
Juiio 25, '81
June 18. '31

July 17, '30

3,290,963

14,823.393
15,619,970
13.970,710
16,730.183
16,141,330
10,024,073

15.979,104 7,317,764
1.5,528,581 7,405.147
14,311.347 H.332,193
13,533, l'i8 7,001,107
11,783,877 0,041,299
15.477,913 1,993,303

134.938
171.611
198,974
248,037
127,443
180,656

114.077
128,664
136,071
162,627
181.974
\33,674

THE DRY GOODS TRADE.
Fkidat. p. M., July 22, 1881.
fair degree of animaowing to the presence of a great man7
buyers from distributing points in the West, Southwest and
South, who were busily employed in the examination of new
fall goods, and in making memoranda as a basis for future operations.
Increased activity was noticed in printed calicoes (soma

The dry goods market has exhibited a

tion the past week,

THE CHRONICLR

110

[Vol. XXXIII.

Receipts of Leading Articles of Domestic Produce.
The following table, based upon daily reports made to the
New York Produce Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
Despite
the
acknowledged
buyers.
package
&c.,
notions,
by
scarcity of many kinds of goods, and the firmness of prices, with Tuesday last (correspomding with the week for exports),
there has been no tendency toward speculation, and purchases also the receipts from Jan. 1, 1881, to that day, and for the
large sales of which were made to out-of-town jobbers), and
there was a steady though moderate demand for staple cotton
and woolen goods, shirts and drawers, felt skirts, hosiery,

thus far have been of a strictly legitimate character, which
augurs well for a good healthy autumn trade.
Domestic Cotton Goods. The exports of cotton goods during
the week ending July 19 were 2,229 packages, of which 642 were
shipped to Great Britain, 594 to China, 413 to Argentine Republic, 274 to Brazil, 135 to United States of Colombia and the
remainder, ia smaller lots, to other markets. There was a liberal
movemwit in plain and colored cottons, in execution of former
orders, and agents expfirienced a steady demind for fine brown
cottons, drills, medium bleached goods, wide sheetings, cotton
flannels, colored cottons, grain bags, &c., which were distributed
in moderate parcels to a fair aggregate amount.
Prices ruled
linn on all the most desirable fabrics, and stocks are remarkably well in hand. Print cloths were quiet and a trifle easier
at 3 15-16C., less 1 per cent.for 64x64s and 3%@3^c. for 5Sx60.s.
Dark prints were largely dealt in, but the demand was somewhat irregular, and there was more call for ginghams and
cotton dress goods, resulting in a moderate business.
Domestic Woolen Goods. The demand for clothing woolens
at flrst hands has been rather quiet, and mostly restricted to
such duplicate lots of cassimeres, worsted coatings and overcoatings as are required by clothiers for keeping up assortments. There was a continued good movement in the above
fabrics on account of back orders, and the best makes are in
such light supply that prices are steadily maintained. Beavers
and cloakings were in fair request by cloak manufacturers and
the trade, and there was a steady business in repellents. Kentucky jeans ruled quiet with agents, but a fair distribution was
made by jobbers at steady prices. For flannels and blankets
the current demand was only moderate, but agents continued to
make large deliveries on account of back orders, and prices
remain firm. Worsted dress goods continued quiet -as new fall
styles have only been opened in exceptional cases and shawls
were pull for the same reason; but there was a more active business in felt skirts, and linseys were in somewhat better request.
Shirts and drawers were moderately active, and there was a fair
movement in hosiery and fancy knit woolens. Carpets were
more sought for, and prices are steadily maintained by agents.
FoREioN Dry Goods have attracted rather more attention, but
transactions were comparatively light. Silks and dres< goods
were ^mostly quiet, and there was only a limited business in
linens and white goods; but cotton velvets were more active, and
there was a slightly improved demand for Hamburg embroideries by early buyers.
Importations of Dry Goods.
The importations of dry goods at this port for the week
ending July 21, 1881 and since January 1, and the same facts

corresponding period in 1880

Week ending

—

—

—

for the corresponding periods of 1880, are as follows

w

a

E

Silk

MlscoU

Flax

Silk.

Manuf

Flax
Cotton

Cotto

Wool

§

Wool

»

MiBcell

Silk.

Flax

Cottc

Wool

:

July

Ashes
Beans
Breadstuffs-

bbls.
bbls.

wheat
Corn moal
Wheat
Flour,

bbls.
bbls.

bush.
bush.
bush.
bush.
bush.
bush.
bales
bbls

Rye

Com
Oats
Barley
Peas
Cotton
Cottonseed

oil

Fliix seed

1,290

44,374

110,393
5.769
1,125,012
4,214
1,932,593

3.064,231
112,434
22,269,339
547.725
23,726,145
8,151,691
2,732,960
162,499
511.398
15,241
401,687
52,750
90.505
£3,867
40,433
1,508,064

822

bales.
bales.

;J29

Hops
Leather

sides

66,816
7,378

Lead

450

P'SS-

Molasses
Molasses
Naval StoresTurpentine, crude

hhus.

1,190

bbls.

Tiu'pentino, spirits..

bbls.
bbls.

1,

1.993

43,784
102
1.974

No.

Since Jan.
1881.

98

317.568
44,500
4,240
6,133

bags
bags

Grass seed
Hides
Hides

19.

Same time
last year.

2,419
25,464

71,6,55

2,340,495
69,888
25,857,073
551,647
30,699.305
7.264,520
2,476,171
304,407
472,331
30,172
11,566
66,235
88,173
31,174
10.682
2,275,813
107,261

3,138
49,217

42,023

25

1,128

1,103
2,946

545
2,271
49,253
205,203
11,631

bbls.
bbls.

401

Pitch
Oil cake

pkgs.

7,243

Oil, lard
Oil, whale

bbls.
galls.

308

40,236
147,794
11,018
2,432
365.039
4,973

bush.

1.921

76,436

391,591
3,951
181
54,617

pkgs.
pkgs.
pkgs.
pkgs.

7.378
1,114
15,484
44,162
180,819
11,598
9,812
9,468

74,003
21,020
620.666
789,547
1,395,362
358,302
308,756
161,712
35,419
37,153
70,567
12,845

94,395
20.890
988,324
729,699
1,022,482
382,759
387,424
95,258
40,674
38,747
30,242
12,149

8.013
14,134
31,048
74,467
48,641
135,255
65,618

91
8,148
64.382
87.904
43,781
187,822
45,306

.

Rosin

L'bls.

Tar

Peanuts

Piovisions —

Pork
Boef

„
„

.,

Cutnieat j...
Butter..

pkgs

Cheese

Eggs
Lard
Lard

bbls
tea. Ac bbls.

kegs,

Hogs, dressed
Rice

No.
pkgs.

722

8i>elter

slabs.

5,385

Stearine

pkgs.

150
111
239

Sugar
Sugar
Tallow
Tobaeco
Tobacco
Whiskey
Wool

bbls.

hhds.
pkgs.

boxes

1.243
3,511
3.278
5,383
8,391

& cases.
hhds.
bbls.
bales.

1,328

Exports atlieadlas Articles or Domestic Produce.
Thp following table, based upon Custom House returns, shows
the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the 1st of January, 1831, to that day, and for the corresponding period in 1880
:

MisoellaneouB.

Manufactures

e

o
a
jj

B

.
•

•

1

s:

13.

trt-

!

;

;

;

;

8:
g:

£.

inn
Si

i

:

g:

•a;

:

;

:

1

:

:

:

:

:

.

.

.

.

i

B

a
y

.

'n

M

0.10

H

<s

tea

-OilOO''^

t1

tcco

<i

WOTW^tC

10^13^001

H

ro

v
CO

bo
MOD

0.com

lU CO

- to »

to Oi

c;'

oco.^-cs

to

-J <0 -0 CO lU

ccco

X

03
g
ko

>:

COh8 5S

<|M

3; *> cc *-

OlO

Iswb'^w

w

to

CO <1

il

K
O
H
o

—

c;!

tn

W*-«
UXJl

K

»

S Oi
^

rf'OI

.b»
ceo

to.

»—

CflCO

to

8 £?
M
-<

tOMroto
^"-'"I'DO

M00W3SO

cowtocico
toboo>-i»
C'-'OOOOO

C»M

<JM

aiMca<jQo
OOtCttO-l

c

*-*^

*IM

-»0Wt3W

1 oc 3

1

**<-- -i

—

tOCDXXCO
:s « CO Mio

X
X

-1

>
X

—

^tototoco

:o

xw:^*);.-!

a
K
>

OT

-"--tO^lfr-

10 35

* *-

X M
to

t—

^

low
oc«

00 c. 0.2
acioixgi

<1

S"-*

wibbcsb

M

»-atiUXi-»

coa

<"n

>

X

5"

CO to

M lO

Si

M
)^

Si

^
f%

CO

p

- MM
*-0'0»-^CC
to 01 CO in

COrf>. — OiC
^XOTOiW*

3S

5
?^

—

«S"

1

;;•

-^

M

r^

1

>
-^

v,h

cOrf*.»-.1..)Vi

M=ia

O*-OMt0

M
H

^1

^

fe?,iJ§g
bTuh-cio
•-ocowcn

(a

OOMOlOO
1^ OS

tb-

^

10 TO

0;t0-)O-«

iC^OCOXtO
to -1 C rO LB
Oi

rf-

10 Ot

^ — CO O" CD

M

<5l

^

-' - w
« *^
^
-1
au
w c: c c; "

i«

CO

CO

MMtwt;*M»--obi.

5
c
on

4»-

ib<->

ox
S2

I.

S
ro

»M

M*^

H

s

X

bb K».b

•b>ro

tC CO Ci CO to

•n

X © to -)

<1C0

t-O

xoicitoto

*»

)^M*-l«.

OD'O

00

QDM

^00

MCO

(0

to
4-

00-0

OtC0*.H-^^

MtOOXrfk

s?

31

*»M
010

i
^

c:

(^xciw-H-

»

*

T>

1-*

cj

^
13

^1
CO

cr.

-»«

*

O'

•^ to CO

3

^ 01 h-« 1

0'

to

N

1

-IM w;£)X
»---** *-x

Cf

CI

y»

e.

= ^
,,0
n
^3^

:^

ac
PI

M

*

l^COi^bCiCO
Ci -

?

X
c
P

'Tl

g

^
M

?

CD

ft

M

Ashes, pots
Ashes, pearls

Beeswax

c3

00
CO -J 10 01 00

^05

X
^

Mb-

10
>U

--1 h-i

.,

(-•i-i

^0

—

COO'S: .U

-1

»0
cc
^ tCpU

« 0; CO

CJiM

CCO)
*.*.."io*».<i

CDOl^^WCO

o
o

OM

•*i.Ot

Mi,Tli-^M
s!*;
h--o

:o

CO

01 ci

<l

:;•»

^
X -tc —

^0.
C: Of -1

h-ODM^Sta

4^

>

01

to

tt-3(X35

W

X
X

10

^
?

0<itfc

cs #"

00^

boo
•ioi

w
M

Week ending
July 19.

*T|

•
!

f

;

i

;

S.

1

:

CO

Since Jan.
1881.

1,

100

1,048

1

5

lbs.

200

154
46,429

132
56,078

69,174
145
5,932
541,631

2,761,672
2,223
117,932
23,239,010

2,120,705
2,486
95,830
31,351,071

...

675,817
105,341
15,147
165,907
18,016,566
36,591
32,352
298,360
78.122
49,969
18,411

951.!K)8

Flour,

wheat

bbls.

Floiu-,

rye

bbls.
bbls.

Wheat
Rye

bush.
;

Oats
Barley
Feas
Corn
Caudles
Coal
Cotton
Domestics

Hay
Hops

bush
bush.
bush,
bush.
bush.

19,000
2,740
1,273.018

pl^gs.

957

tbus.
bales.

1,044
7.485
2,229
2,180
6

pkgi
bales.
bales.

Naval StoresCrude turpentine

bbls.
bbls.
bbls.
bbls.
bbls.

2,524

Oilcake
Oils—

cwt.

41,128

^Vhale

gals.
gals.
gals.
gals.
gals.

6,325

Spirits turpentine

Rosiu
Tar
Pitch

Sperm
L.wd
Linseed
Petroleum
Pro visionsPork
Beef
Beef
Cutmeats
Butter
Cheese
Lard
Rice

bbls.
bbls.
tierces.
lbs.
lbs.
lbs.
lbs.

bbls.

Tallow
lbs.
Tobacco, leaf
hhds.
Tobacco
bales and cases.
Tobacco.manuf actured lbs.
.

WhaXelwue

time

last year.

bbls.
bbls.

Breadstuffs—

Coru meal

Same

lbs.

"129
203
140

920
9,326,349
3,338

969
1,307
5,723.957

730,634
6,447,867
3,464,751

338
1,343.774
2,015

988
42,814

6
5,001
101,818
6,936
2,821
1,496,339

150,248
106,603
233.378
20.965
170,154,268

120,218
23,988
29,946
248.066,553
10,797,277
67,157,325
133,351,274
14,453
31,363,514
40,9,59

26.885
3,383,078
62,091

290,142
262.656
207.046
25,405,756
35.774
27,066
361,892
58,168
70,644
2,028

12,821
137.109
4.249
3.508
3,333,13s

69,907
206,383
489,015
f)3,799

128,624,226

138,552
35,287
35,892
325,872,172
14.219,35 5
57,673,641
165,661,385
11,652
49,219.450
36.657
a4.825
3,543.348
53,325

JCLT

THE CHRONICLE.

23, 1881.]

Financial.

Financial.

The Brooklyn Trust Co.

Dominion of Canada.

Cor.of Monta«ae

TUB FIMANCIAL ASSOCIATION OK ONTARIO

This Company

carefully setooted, yleldlnn

from SIX »o SEVEN AND A-UALF
per annum. Spectal attention slven

PKR CKNT
baslness

to

from the United States. Correspondenoe solicited.
Tbc Financial Aaaoclatlon ot Ontario,

LONDON, CANADA.
EDWARD LR RUET. ManHCinK DIrMtor.

OEORak Stars.
Co.,

& Hudson

* Muskingum

AUantlc A PacISc

River lata,
Valley Ists, Ts.

No. 33

and

Wm.

7s, 1903.

NASSAU STREET. NEW YORE.

r...

bhrksb,
of

Jersey Southern Railway Ists. 6s. 1899.
cm. Indianapolis St. L. & Chic. Ists, 6s. 1990.
Cblcago Burtinnton &Quincy RR.4s. 1010.
Sfenominee River Ists, 7s (guar, by ChicsKO
Northwestern), 1906.

(With A. M. Kidder

WALL

J8

A

STREET,

Co..

No.

&

OF NORTH AMERICA,
47 WILLIAin STREET.

By

a recent law all judges and ofHciaTs in the State
of .New York are (now authorized to accept the
t>onds of this company in lieu of in4irulu<U bonds.

360.000
300,000
Bonds 100,000

p.

34 W^AI^I^

TORONTO, CANADA,

:

IWVESTME\T SECLRITIES.
An

assortment

of

bonds

always in hand.
Correspondence

solicited.

ADDRESS:

W.

A.

&

Beasley

Co.,

BROADWAr, NEW YORK.

98

Sc

McKean,

BANKERS,

&

No. 13

Holt,

BANKERS,

DEPOSITS

Foote,
WALL STREET,

received and

INTEREST

allowed on

\

balances.
sell

GOVERNMENT, MUNICIPAL and

RAILROAD bonds.
Private telegraph wires to Providence and Boston.
G. E.

TAlNTOB.

E.

STREET, NE1V YORK.

Hatch

&

Taintor

GEO. H. HOLT.

Bailey,

S.
T

PINE .STREET.
Dealings In

Insurance

Stocks

A SPECIALTY,
Caih paid at once for the above Securltie-i o*
-hey will be 8ol(J on commission, at seller's option
;

.niNTURN, Messrs. Grinnell,

Min-

BUT AND SELL

GOVERNMENT BONDS, STOCKS AND MISCELLANEOUS SECURITIES.

HOPKINS, Vice-President Wabash St.
A Pacific Ituilroad Company.
JOHN PATOX, Messrs. Jesup. Paton 4 Co.
W. H. DYCKniAN, Secretary.

FIDELITY GUARANTEE BUNDS
ARE ISSUBD BY THE
FIDELITY & CASUALTY CO.

NEW

YORK,

The only company organized

the United States
cnarantee ng the adellty of persons holding positions offecuniary trust and responsibility, thus securing aCOHPOHATE OUAKANTEK in lieu ol a
personal bond wiiere security is required for the
faithful performance of the duties of employees in
all positions of trust.
Full information can be obtained at the office, 187

Geo. K.

in

No. 20

RAILROAD SECURITIES

DEALER IN

RAILROAD BONDS,
INTESTilENT STOCKS.
RAILROAD LOANS NEGOTXATBD.
TEARS BXPeRIBNCE IN WALL STREET

Market Rates.

Howard lapsley,

D. setmoitr Willakd
Members N. Y. Stock Exchange.
Cyrus W. Field
Ctbub W. Field, Jk.

Lapsley, Field

Day,

DRBXEL BUILDING,
and BROAD STREETS,

»09. 34 and 35

Cor.

WALL

William Lduuis,
Members of New To(k Stock

Henrt Dat,
Bzciuui(«.

Co.,

STOCK BROKERS,
No.

WALL

5

STREET,

Nenr Ifork.

&

Buttrick

any ana

Elliman,

39 Wall St, New ITork.
BONDS, STOCKS and INVESTMENT SECURITIES
BOUGHT AND SOLD ON COMMISSION.
Noa. 37

A. BuTT^iCK, Member of the N. Y. Stock Eich'ge
Wh. Elliman. Member of the N.Y. Mining Exoh'ge

C.

I.

Hudson

EXCHANGE

&

Co.,

COI7HT, NEtV IfORK,

Branch Office and Private Wire
the"CuiiBEi{LANO," Broadwayand i!2d Street.
Buy and sell on commission, fur investment or on
margin, all securities dealt in at the New York
at

^tock Exchange.
B. B. Leak.

C.

*•

Hcdsov,

T.

h

Member n.y. stock Kzch.

Cztbtis.

liWVESTME^VTS.

on ^ommisiiion, lor ciua or on mar-

the New York Stock
E^xchange.
Interest allowed on daily balances.
All deposits subject to check at sight.
Particular attention to orders by mall or telegraphy
^^^^

&

R. A. Lancaster

Co.,

BANKERS AND BROKERS,

66

BROADWAY',

NEW YORK,

DEil.EHS IN

FIrst-Class Inveotmcnt Secnrttlea.
QOVERN.MENT BONUS, STATE. CITY, COtTNTT

RAILROAD* MISCKLLANEDUS

SKUl/KITlEa

Bought and Sold on Commlssioa.
Virginia Tax-Heceivabh Coupont Bought.

SOUlUERN SECURITIES A SPEViALlT.
LOANS NEGOTI.\TED,
INTBKEST Allowed ox Deposits.

&

C.

aeii

Rin, all securities dealt ia at

BANKERS AND BROKERS, John

3

BANKERS AND STOCK BROKERS.

&

ST.,

DEALERS IN

FIRST-CL..%SS

Special.

'

&

for the past 10 Teats)

Investors or Dealers wishing to buy or sell are
Invited to communicate.
State, Municipal and
Railway Bonds and Coupons bought and sold at best

Wm

R. Utley,
STREET, NEW ¥OBK,

all

A SPECIALTY.

Sons,
NEW YORK,

Sistare's

NASSAU

BEOAD STREET, JJBW YORK.

(An Intimate knowledge of

Edward STAKK. General Agent.
Directors—George T. Hope, A. B. Hull, G. O.
Williams, W. G. Low. A. S. Barnes. U. A. Hnrlbat,
Geo. S. «oe, .1. S. T. Stranahan, Charles Dennis,
M. Richards. H. B. ClaBin, John D. Malrs, Lyman
juioun.
W.
Brlggs. 8. B. Chittenden.

Wm.

ir

Fred H. Smith,

BANKER AND BROKER,

Bromlway.
Wm. M. Kicbards. President.
Lyuan W. Bkigqs, Vice-President.
John M. Crane, Secretary.

Lummis

desirable

WALL, STREET, NEW YORK.
TRANSACT a GENERAL BANKING buslnem.

Buy and sell— on commission—GoTernm en t, Rail
way and Miscellaneous Securities. Receive deposits
subject to check, and allow interest on balances.

l,ouia

13

Corner Toronto nnd King Hireets,
Stocks, Bonds, etc., bought and sold for cash oroa
margin. Drafts on New York and London and American and Sterling Exchange bonghtandaold. Collection; made.
Correspondents— Bank of New
York, Mew York Alliance Bank, London.

t-'o.

PINK

)

No. 10

w. c. McKean
Member of N. Y. Stock Exch'se

Lloyd

A. L.

31

Buchan,

BANKERS AND STOCK BROKERS,

Co.,

Lloyd.

DIRECTORS:

J. n. VER JI IIAE, Prcst. Merchants' Nat. Bank.
B. B. fSIIERM.VN, Prest. Mechanics' Nat. Bank

OF

Vork,

(Henbers of Toronto Stock Exchange

Buy and

Joseph

Guarantee Comp'y

n.

&

BANKERS,
CEDAR STREET.

63

TUE

A

&

Gzowski

all

ties.

capital paid up
assets over
Deposited at Albany In U. S. 4 p.c.

New

8 Pine Street,

BROAD STREET, NEW YORK.

In addition to a General Banking Business, buy
and sell Government Bonds and Investment Secorl.

GUAEANTEE BONDS.

turn

29

NEW YORK.

Cash
Cash

Bacon,

.^?^ t?<' '&" 0° eommlMlon all Becnrltlea dealt la
at the New York Stock and the New York MInlac
Exchanges. Deposits reoelred and laterest allowed
on balances.

Investment
Securities bought and sold on commission.

EMPLOYEES. AND ALL KINDS OF

ROKKKT

Smith,

Government Bonds, Stocks and

Banken,)

FOR

NEW YORK

&

Oilman, Son

Sond.s of Sm"et;^sliip

No.

&

Clark

BANKERS AND BROKERS,

BROKERS,

WING,

T.

H. B. BAOUr..

Wm. P. Smith.
New York Stock Kxcban^e.

Breese

Ists. 7s (miar.). 19:3.

New

CHAS.

Co.,

CtJtU.

».

sell

Members

1901.

Ists. Hs, 1910.

Harlem A Rochester

8TABK.

InTOstment Securities for cash or on
commisBion. A specialty made of Western Fann
MortKaftea bearing from 7 to 10 per cent interest.
Will undertake the nesotiation of loans npoD
Western Cit7 property In large or small amounts

Ju'y Investments,
Central

&

v.

BANKERS,
Itu7

BASEMENT.

New York

JOBN

George Stark

NASSAU STREET,

Cincinnati

-.

Alex. M. White, Josiah (>. Low, Ripley Hopes,
Austin Corbln. Edmund W. Corlles.
WM. R. nilNKKR. Bonr»t«-».

York. Chica«o & St. I^ouis Subacriptlon. and
other quotable Construction Stoclis.

17

Brooklyn, N. T.

B. Kendall, Henrv Sanger, Alex. McCue.
John P. Holfe,
Chas. R. Marvin. A. A. Low.
E. F. Knowlton, Abm. B. Baylis. Henrv K. Sheldon,
dl. K. Pierrepont. IMn'lChauncey, John T.Martin,

Vtw
all

it*.,

Wm.

DEALER

IN
Paclflc Imororement Company,
American Cable Construction Company,
International ImprovemeDt Company.
Continental Construction and ImproTom«iit
North River Construction Company,
N, Y. k Scranton Construction Company,

Clinton

is

TRUSTEES

STANTON,

3. S.

A

authorised by special charter to
act «a receiver, trustee, guardian, executor, or admlnlstmtor.
It can act as agent In the ulaor mananement of
real estate, collect Interest or dividends, receive
registry and transfer books, or make puronaae and
sale of Government and other securities.
Religious and charitable institutions, and penont
unaccustoniod to the transaction of baaln«H, vrlll
and this Company ii safe and convenient depoaltory
tor money.
lUPI.KY HOPES, President;
CUAS. R. M.VKVIN. Vlce-Pras't.

1B in a poHltlon to furnish iDTestors wttli choice tn*
-restineiit securttten.

Financial.
ALU.

No.

.-JO

J.

Cisco

6c

Son,

BANKERS,

NEW YORK.

WALL, STREET,

DEPOSITS RKCEIVED SUBJECT TO CHECK
AT SIGHT. AND INTEREST ALLOWKD ON
DAILV B.\LA.NCE.<.
(iOVKKNMKNT BONDS. STOCKS AND ALI.
INVESTMK.NT SKCURITIES BOL'GUT AND
SOLD ON COMMISSION.

&

D. Probst
Co.,
J.
STOCK AND BOND BROKERS^
No.

U BXCHANOE

PLACE,

NEW

TORS.

Ootiukmsxts asd
MlSCSLXAHIODa SXCUBITUS BUCBBT AHO BOIA
Stocks, Bailkoad Bosna,

THE CHRONICLE.
JOaX

KKNNEIIT.

S.

J.

J.

Kennedy Tod.

MERCHANTS,
WILLIAM STREET,

Fo. 63

Ne\r Ifork.

BUY AND SELL
JU.ILROAD imrESTMEUT SECUEITISS;

Whitely, h. Ckuger oaklet
IjOgan. maynard C. evbk.
TRAVKRS, Special Partner.

J D. Pbince, Jas.

Harry

Kennedy & Co.,

S.

W.

c.

R.

Prince & Whitely,
64 BROADWAY, NEW^ YORK,

Vo

(Branch

180 Fifth Avenue).

Office,

All classes nf Railway and Mining Stocks bought
nd sold on Commission.
Private Telegraph Wires to Philadelphia, VTiiming^on, Baltimore, Washington, Boston, Bridgeport
and New Haven.

COLLZCT COtTPONS AND DlTIDBSDS

Walston H.Brown & Bro.

—

Correspondent^.
Co., Buffalo

& Hedges,

;

&

22

Gas Stocks,

^)

BONDS,

&c.,

SALES

&

Ruckgaber,

COMMISSION.

Government

gt.

Co.,
J.
BANKERS AND BROKERS,
^ew

New York

Thirteen Years' Membership in
K.J.

f.

glijJ^S.pOUDEJ^

y

Kimball, A. B. Lodnsbery, F. b. Ballard,
Members of N. Y. Stock Exchange.

25 f me
Porchase and

sell

Jid RAILROAD

§t.

Max

w. Perrt.

E.

SAND.^cmber N.

Sand

-BAttKERS-

John Sickels.
Y. Stock Kxch.

&

Brothers

- l^ew^ORK-

Lansdale

LO.\.NS
Interest

WALL STREET, NEW YORK,
GAS STOCKS

F.
No. 3

Member

«ROOKLYlV SECURITIES
IN.

BKK GAS QUOTATIONS IN TH IS PAPE R
ifcN«8T OROZSBRCK,
GEANT B. SCHUT,
Exchange

Groesbeck & Schley,
BROKERS,
WALL

STREET,-

NEW YORK,

Samuel A. Strang^
>

PINK STREET,

NEW YORK,

BANKER

AND COMMISSION MERCHANT,
iT«»E<I aells

Investmoct Securities. All bn«<

connected with railways undertaken.

37

&

E. Trowbridge,

BROAD OR
NEW

27 WALL. STREET,
YORK.

Branch Office:

A

CO.,

WASHINGTON,

D.

D. A.

C

General Bankinz Bnslness Transacted.

Henry

ton, PhiliulelpliKi and Baltimore

John

"^""^ "

Gilder,

BROADWAY, ROOM

10.

Members New York Mining Stock Exchange,
Correspondence Solicited.

&

Swan Barrett,
BANKERS AND BROKERS
200 iniddle

Street,

PORTLAND, MAINE,
Dealers In Government, State, County, City and Rail
oad Bonds, Bank Stocks, &c.
Desirablelnvestment Securities constantly on hand

Chronicle Numbers

WANTED:

Manning,

BANKER AND BROKER,
No. 6 W^all Street,

Saltonstall.

w. Howard Gildeb

Exchanges.

mgi•ltdl?'eiSfn;a^r"/e^y^a%%^'^ca'tigg°°'"'

B.

&

MCLELLAN. JB.

STOCKS, BONDS AND MISCELLANEOUS
SECURITIES
BOUGHT AND SOLD ON COMMISSION.

Securities bought and sold on commission for

Ijeposits received subject to check at sight.
4 per cent interest allowed on all daily balances.
San Francisco, Boa-

C.
F. G.

Charles Seton Henry.

««>..
cash
or on margin,
"*'*® °° approved collateral at the
marltet'rate

.„9'''^S'"f,"f'^f';'-'"''"I'0"<l<"i'

W

BOODY.

IlEUBEN LELAND.

52

of the W. r. Stock Exelmniie.

BATEMAN &

Co*

58 Broadway, cor. Exchange Place,
TRANSACT A GENERAL BANKING BUSINESS
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MAR.
GIN. BUY AND SELL COMMERCIAL PAPER.
38.
P. O. Box 447.

BANKER AND BKOKEE,

AND ALL KINDS OP

Y. Stock

to.

BANKERS,

Otfice. Troy, n. Y.,
Connected by Private Wire.
ALL securities dealt in at the New York Stock
Exchange bought and sold on commission and carried on a fair margin.
INTEREST allowed on credit balances.

SECURITIES,

SrKEET RAILROAD STOCKS AND BONDS

BROADWAY, Rooms
Branch

AND

Members N.

Street

Boardman,

STOCK BROKER,
No. 80

Geo. H. Prentiss,

DEALT

Wall

&

COMMISSION.

COMMERCIAL PAPER NBGOMATED.

on DEPOSITS, subject to check.

15

Interest allowed on deposits.
Investments carefully attended

BANKERS AND BRSKERS,
New York.
STOCKS AND BONDS BOUGHT AND SOLD ON

NEW

a M>

4fi

54 Wall Street,

on Commission GOVERNMENT
BONDS and STOCKS, and all

bmwht and sold In the OPBN MARKET.
and COMMERCIAL PAPER negotiated.

So. ir

No.

Transact a general banking and brokerage business in Railway Shares and Bonds and Government

Co.,

ciasxes of Securities dealt In at the
YORK
STOCK EXCHANGE, or all reputable Securities

Iiaiil

Gwynne & Day,
[Established 1851.]

securities.

Thko. V. Sand.

EjVI^INS,

SoDTHEES Securities a Specialtt.

Stock

Exctiange.

STREET, NEW YORK,
IN ALL KINDS OF

Railroad and Investment Securities.

Yo;k.

SecuritieN.

STREET.

WALL
DEALER

&

Kimball

Securities

Simon Borg,
No. S

See quotations of City Railroads In this paper

R.

Levy,

L.

(LATE OF LEVY & BORG,)
DEALER IN

yeRK.

CITY RAILROAD STOCKS & BOM)h
BOUGHT AND SOLD.

VOREIGN EXCHANGE.
2 WALL
J. H. Latham.

4i>iuA\ n. inuE.rER & !>un
No. TPINE STREET, NEW YOP.K.

AND
MISCELLANEOUS BONDS AND STOCKS,
No. 8 Wall Street.

BROAD WAV,

No. 25 Nassau Street,

JXVESTMEXT SECLRITIES,
City, Ohicneo, Ciiiciiinnti,
LoiiiH* District oi ('oliiiiibin, and

ani> satlkdays.

All Classes of Investment

NEW

Co.,

Kew \ork

OS

& Co.*

L. Grant,

No, 146

&

STOCKS AXn BONDS

lIiiiiibiirK.

Co.,

STOCKS AND BONDS BOUGHT AND SOLD ON

J.

REGULAR AUCTIOH

of a,U cUvSses of

WEDKESDAYS

llliam Street, New Tork,
COURESPONDEXTS OF THE
Bank of lioudon (Limited).

H.

BANKERS AND BROKERS,
«S BROADWAY AND 19 NEW STREET,
NEW YORK.

H. Latham

Undersigned hold

Commercial una Travelers' Credits. Bills of EichHnue. Oable Transfers.

YORK.

Kohn &

Glazier,

Tlie

Jjondon.

NEW STREET,
NEW

At Auction.

Co.,

BAN KERS,

BONDS

and

Myers

Emery

Internatloual

Beers, Jr.,

STOCKS

IJoston.

Schulz

TUB NKGO-

CROOKIYN SECURITIES, CITY
I

&

Westcott

Bartlett,

Co., Syracuse; Westcotr,
Lester & Co., Chicago ;

J. T.

Messrs. Jobn Bcronbero:, Gossler

No.

MISCELLANEOUS SECURITIES,

Delmonlco's,
Cumberland,
"Windsor Hotel,
Philadelphia,
Giisey House,
Newport.
Saratoga,

TIATION OF
ll.\II.K0.4D SKCTIKI'l'IES.

N. T.

Stocks & Bonds

AND

York.

e^BCIAI. ATTENTION GIVEN TO

TRUST COMPANYS' STOCKS.

Boston,

Ik

Street, tiew

IN

ra

Utica; Westcott

BANKEKS
Pine

1 1

DEALER

GAS STOCKS a:\d bo.\ds,
TELEGRAPH STOCKS,

Willard,

PRIVATE WIRES TO

FRED. A. BROWN.

BBOWK.

NOYES,

C.

NASSAU STREET, NEW^ YORK,

BANKERS AND BROKERS,
BROADWAY, NEW YORK.

All bo»lne«ii relatlna to the Constnictlon and

BcKtpicentof RaHroads undertaken.
H.

WM.
il

CHf and oth'er Railroad

&

Scranton

KBOOTIATB LOANS AND DRAW BILLS OF
BXCHANGB ON LONDON

WALSTON

Financial.

Financial.

Financial.
'

[Vou XXillL

New York

SOUTHERN SECURITIES

City

A SPECIALTY

State, Municipal and Railway Bonds
Coupons
bought and sold at best market rates. and
InvcstSfs or
'" ""'' '""^'
l-vlted

"=
wcommum'
2«e wUh uil"^
Member of the New York Stock Exchange.

Aug. 81, Oct. 26, Nov. 30 and Dec. 28, 1878, with
their Supplements. Jan. 4, H and 18, Feb. 22, April
also,
5, 12 and 2l), May 17, Sept. 13 and Nov. 1, 18^
;

INVESTORS' SUPPLEMENT of Feb. 22, April
and Oct. 25, 1879. CHRONICLE, Jan. 24, Feb. 7,
and March
Volume 1,
OIBco, 78

&,

A liberal

28
14

price will ke paid for
Apply at Publication
Issued In 1885.
81 William Street.

13, 1880.

July

THE CHRONICLE.

23. 1881.

Baltimore Bankers.

Boston Bankers.

ItSUBS.

No. 2

WILLCOZ BBOWV.

No. 19

BOSTON, MASS.

P. O.

Box

874.

BANKERS,

72 DeTonMliir«

Bonds und i^tncks boufiht and aold on commiBSion
at tbe N'jw York, Huston and other KxchnnKes.

D. H. OAKLING,
A. H, WEKK!^,
Boston.

York.

&

Parker
No. 68

Leonard Matthews.

New York

&

Wilson, Colston

Matthews

and VIROINIA SECURITIES a

S.

305

Morison,

sale.

WniTKLEY, Jr.

&

Whiteley

BROKERS,

Campbell

STATE STREET, BOSTON.
SECURITIES

C. F.

inO.
full

PenzEL,

Fresident.

information on

Co.,

BANKERS,

CAPITAL

CHARLESTON,
New York

A. K.

Co.,

BANKERS,

Collections

made on

STOCK

BOSTON.
STOCK EXCHANGES.

&;

J. B.

!>ouih

Third

I)r

i

l;

i

Inv.'
-

,,,,18.

— jtcts

....

George A. Clark

lorutslica.

K. Sc oxt. Vlce-Pres't.

&

CO.,

MERCU.iUiT3,

niL\rARD>S HELIX NEEDCKS
100 BROADWAY. NEW YORK.

of Ho„thcrn Securities.
Cor&o.

Tux Coupons,

IIIKBIS & BIIIND,
STOCK AND BOND BROKERS,

Wright,

ATJGrSTA, GEORGIA.

kinds ot Investment Secnrltles
oatriKlilor on commission. Infornuitlon furnlsnoa.
Orde rs and corrcs;>ond<;iice solicited

Boy and

sell ail

'

^

No. 20r Walnut
<•'

•»

•

I'lacc,

Thos. P. Miller

Jt>UlI,AOF.I.PBIA.
'Rxnas

.v.,ll.
:

<

at

&

Co.,

FRTNTS, DENIMS, TICKS, DUCKS,

;

ot Liverpool, Liverpool.

Towels, Quilts, White Goods and Iloolcrr.'
7,..;/?..

>

.Si

B«i,<

Ac

I

[

Correal), lulenla.—Gormnn-Amerlcafl Bank,
York Louisiana National Uauk, New Otleiuu

Fabyan,

AND SHEETINGS,

I

BANKERS,

Special attention paid to collections, w'th prompt
remittances at current rates oi exciuinKe on any oi

&

Bliss

New York, Boston, Philadelphiii..
BELLING AGENTS FOR LEADI.NG BRANDS'
BROWN AND llLK.\riIKO SniKTING»

mOBILE, ALABAMA.

'

.-es.

Bro.

.„„„ „
,,
.
President.
BRANCH,

TU08. P.MILLKK, B. D. WILLL4MS. JNO.W.M1U.EB
CIIA3. B. UlLLKR.

A. P. Turner & Co.,
BANKERS,

Sc

Southern points on best

P.

all clnsscfi

llonds,
r^'spondonoc solici ted.
ospeclalljr Stale

iioe

In'i^

all

MORTON. Cash. Fred.

Information on

FBILADELNnA.
.

A full supply, all Widths and Colore. ;i]\vay.i in stock,.
No. 109 Duaae. st>eet.

UICU.MOKI), VIRGINIA,

Shoemaker,

St..

Also, Agents

UNITED STATES BUNTING COMPANY.

_ CO.
TERMILYE
&

TIIO.TIAS BBAXCII
BANKERS AND COMMISSION

BAXKEUS ANI> STOCK BKOKEKa,
134

made on

JOHN

SnosvASSR.

Job. il.

Thomas

BAGS, ••AWNl.N'G STRIPES."

CO.,

B.ICHMOND, VIRGINIA.
Collections

Geo. C. Tuomas.

Co.,

MERCHANTS' NATIONAL BANK,
terms; prompt returns.

FhKadcIpbia Bankers.

Turner

And all kin'ls of
CANVAS, FELTING DUCJK, CAK
COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, AC, "O.NTARIO" SEAMLESS

Buy and sell Government, State, Municipal an
Railroad llonds and Stocks. &c. Virniala State TaxKeceivablo Coupr.-ns bought and sold. AU orders
prumptly sittcndod to.
New Yorlt Correspondent,

ALSO,

Dealers In Slunlcipnl, State, Railroad and
L'nttcd htates BoudH.

ttiven to all business in

COTTON

RICHMOND, VIRGINIA.

MBMBERa OF TUK NEW VORK AND BOSTON

IS7 .1.009

COTTON SAILDUCK.

WALKER, Cash!

*
BROKERS,

,

-

&

parts of the United State

all

WaLKKB.

Caabler-

Manufacturers and Dealers in

S. C.

MAIJBV

R. H.

C. T.

......

Brinckerhoff,

First National Bank,
WILMINGTON, N. C.

OON6RES8 &TREET,

)

{

Commercial Cards.

SFECIALTT

SPECIAL ATTENTION GIVEN TO COLLECTIONS.
E. E. BcKircss, Pies't.

Mo^

•ir,.00O
our Ip^
N. Y. Correspondents— D>nnsll, Lawsuii Jt Co-»
and the Metropolitan National Bank,

and other markets.

35

(Paid-in)

Prompt attention

National Baskixo Association,

BOSTON.

STATE BANK,

SURPLUS,

STOCK BROKERS,
No. 1104 MAIN STREET,

A.

ST. I^OUIS,

(Incorporated 1875.

BANK OF CHARLESTON,

DETONSHIUE STUEET,

&

Excb.

LITTLE ROCK, ARK.

& Schoolcraft,

SOTJinERN SECURITIES

5

WM. C. COURTNET, Pros. ERNE8TH. PBI!Jai,E,Ca8h

Brewster, Basset

N. Y. Stock

Whitaker,

Germ an Bank

RICBmOND, VA.

Orders for Stocks executed In Boston,

&

Texas. Arkansas and Colorado Bonds a BpeclaHy.
Full information given in reference to same on a vllcabion. Coupons and dividends coHeoted.

State, City, Conntjr and Railroad Bonds.

&

KowAKhH WniTAKcn,

Member

OLIVB STB£BT,

Southern Bankers.

Co.,

BANKERS

Tower, Giddings

I!«

FIrBt-class Western Investment Seenrltles lor
St. Loulfi City and States of Mlsumri, Kansas,

STOCKS, NOTES AND BONDS. AND DSALERS
IN KORKIGN EXCHANGE,
Corner South and German Streets.

BALTIMORE,

GOVERNMENT

Co.,

Keleher&Co.,

P. F.

E. N. MORisox.

Correspondence invited and

&

&

LoaU, Mo.,

State,
Orders receive prompt and personal attention.
Correspondents, Mesflrs. .Maxwell A Oraves. New
York City, and Messrs. Blake Brothers A Co., Nijir
York and Boston.

BALTIinORE.

W.

Stackpole,

Chas. A. Sweet

No.

.i.-i-

l.

BROKERS AND DEALeUS IN
City, ConatT and KR. Bonds dc .Stocks,

fluanciul subject? furnished.

No. S5

.

ST. LOUIS, MO.,

Co.,

BANKERS AND BROKERS.
INVESTMENT

Street, St.

DXALKRg

rorre,4P<>Ddence solicited and information furnished.
N. Y. CoBBKSPOKDENTS— McKim Brothers * Co.

BANKERS,
DEVOJS'SHIRE STREET.

DKAI.GRS IN

.

specialty,

BOSTON.

40

:

Western and Bonthwestcrn Municipal and RaUroad
Bonds or Stocks.
Defaulted bonds a specialtr. Choice inrestmenV
securities always for sale. Write to us before too
buy or sell any Illinois, Missouri or Kansas bond».

and Klchmood.

Fhilsdelptala

St.,

Becttritiea.

New

113 No Third

STREET,

BOSTON.

HA I.LOU,

^
,

John V. Hogan

BALTIinORE.

P.O. Box 313.

Orders for Stocks executed in Boston,

Receive nccounts of Banks. Bankern, Corporatioos
and IndtvKltiHta upon favorable terms.
Deal in UuTcrnmeuta uuU Staudurd InveattDent

\V3I.

fi»#f..

i

GERMAN STREET,
BALTIinORE

GERMAN

No. 8

WAI. H. UINGIIAM,

:

t

CoHitiTHi'ONDlHTB.— Boston, National Rank of
North America; New York, American Kvrhfinirw
Natliinal Bank and Ninth National nnk; ('lilca«M
Prpston, Kean A Co.: St. I><'iil', Third ^all,,na(
Bank; Kansas CitT, Dank of KanaasCltr and Morchants' National Bank.

BANKERS AND BROKERS.

Geo. Wiii.Bai loii A^Co

eBO.

LOWMDI8.

0. D.

SethH.&H.B.Whiteley

CONGRESS SQUARE,

NISW YORK.

•

,;|>.
--

,-

Brown & Lowndes,
BANKERS AND BROKERS,

YOItK,

14 Wall Street,

"

Municipal Boii'Sluht per cent

TRANSACT A OBNKIIAI, DOMK8TIC AND FOR- KENKItAI, BA^
BION BANKING BUSINKSS.
Collcrttons and
J.

111

PHIIiADELPHIA,
CONGRESS STREET AND

No. 7

960,0Ca

TOPEKA, KANSA*.
tention.

BOSTON,

NEW

,

Oapllal.

BALTIMORE.

IN

ORDERS EXEOVTED

OOilillSSIOy

A. Prescott & Co.,
BANK K R M

Sons,
BANKERS,
H OUT II STKEKT,

No. r

GOTERNIHENT BONDS,
OF ALL

Western Banker*.

&

Robert Garrett

Foote & French,
BANKERS,
AND DUALKHS

VII

v/,..,./.-.,,.o

.f/.

/

.,.

Vrnin-f Triul^.

•cm.

T;

-tat*

THE (CHRONICLE.

vm

Vol. XiXiri

Publication.

Commercial Cards.

E.R.Mudge,Sawyer&Co
^^

_
AOENT8 FOR
Mife. Co.
ir««Uinston Mills, Chleopee
Burlington Woolen Co.,
Kueriuu
snerton Neiv Mills,
-.m.
Atlantic Cotton Mill*,
Saratoga Victory Mfg. Co., Ocean Mills,

Feabodr

VALUE OF RAILROAD

lUllls,

Aom

VOKK

Various Mills.

BOSIOIN,

IB CHAL NCEY STREET
WHITB STkEET,
PHILADELPHIA, ^
W DAYTON. 24f. CHESTNUT STREET.

J

INTEREST CHARGES,

DEBT,

Hosiery, Shirts and Drawers
ItfTTW

SECURITIES,

AN ANALYSIS OF

AND

EARNINGS IN THE PAST FOUR YEARS.
MOiNTHLY RANGE OF STOCKS AiND BOUNDS
FROM]

.

Ire

OF NEW YORK.
uiiMcrnNPHrslPgN-

SSUES EVERY APPROVED DESCRIPTION O

ENDOWMENT

UFE AND

January to June^ 1881,

POllCIE:

,NTERMS^AS ^AVORABLE AS^THOSE
ORGANIZED APRIL IE'." 1842.

TV

0,

inclusive,

O ^W

and the

year 1880.

full

E A. r> "^.
CONTENTS.

MilSSnS0YER$80,0OO,OOC

I^

VALUE OF RAILROAD SECURITIES.—
A STATEMENT OF THE BONDED DEBT, INTEREST CHARGES,
AND EARNINGS for Four Years Past, of all Railroads which

<2(

have Earned the Interest on their Bonds.

HIGHEST AND LOWEST PRICES, MONTHLY.—
NEW YORK— January to July, 1881, and the full year 1880.
STOCKS IN NEW YORK— January to July, 1881, and the full year 1880.

km,
GOLD MEDAZ.,

BONDS IN

FABI3, 1878.

STOCKS IN BOSTON— January to July, 1881, and the full
STOCKS IN PHILADELPHIA— January to July, 1881,

Eis Celebrated yumi/ers,

303-404-170-351-332,

,

em4/ii» other styles may ie had o/all <Ualvt
throughout thi world,
^-

Joseph Qillott & Sons.

New Tark.

Volumes 2,4,8 and
^eedinx Volume? down to 18S0. Apply
tlga

1,1865;

&

Office, TU

E^The

81

and

10.

RAILROAD EARNINGS—To

at Publica-

sucb as Prof. Max Mailer, Right Hon. W. B.

Mallock,

W. W.

Story,

Tenny-

"

Littell's Living Age.
1881. The Living Age entered upon its thlrtyelghth year, admittedly unrivalled and continuously successful. A weekly magazine-, it eivcB more

tkan

THREE AND A QUARTER THOUSAND
double-column octavo pases of reading matter yearly. It presents in an inexpensive form, considering
Hs great amount of matter, with frcKhness, owing
Id Its weekly issue, and with a satisfactory completeness attempted by no other publioition, the
best Kssays. Heviews. Criticisms. Berini and Short
JBtorles, Sketches of Travel and iJlscovery, Poetry,
8clentltlc. BioKraphical, Historical and Political Information, from the entire body of Foreiun Peri-

odiCHl Literature.
Bit is therefore invaluable to every American
Tomder. as the only satisfactorily fresh and COMPLKTE compilation of an indispensable current,
literature,— Indispensable because It embraces the
vroductlODs of

THE ABLEST LITING WRITERS
In aU branches of Literature, Science, Politics and

WEEKLY

poirt»#fe; or for flO

one

50

at $8 00 per year, free of

Thk Living Age and any

H

oi the American
Monthlies (or Barper^s
Wee*/!/ or ifc/i *r) win be sent for a year, postpaid
for $9 50 The Living Age and the ^t: Mckolas
or Appletan'i Journal, or LippincoWs Jfonthlv. Ad-

w

lilTTKLIi

&

^vili-.iam:

•1 00
75

b..

-

&

r>AivA

co.,

PUBLISHERS,
Nog. 79

&

81 IrVniiam Street,

New

York.

Steamships.

Insurance.

O N L, Y
Direct Line to France.

HOME

are repre*

In

Published

Red Leather Covers,
to 8Ub§criber§ of the CHRONICLE,

Price in

ot Argyll,

'Tfargaenlef, Carlyle, Ruskin,
son, Browning, and man; othen,
ented in the pages of

^rt.

and for

Compared with Same

latest dates in 1881,

James A.

William Black, Miss
Thackeray, jrlrs. Muloch-Cralk, Geo.
SlacDonald, Mrs. Oliphant, Jean Ingelow^, Thomas Hardy, Mattheiv Ar-

W. H.

in 1881,

1

Period in 1880.

Froude, Prof. Huxley,
R. A. Proctor, Edw. A.
Freeman, Prof Tyndall
Dr. W. B. Carpenter,
Prol. Goldwin Smith,

nold,

July

RAILROAD EARNINGS.—
suc-

Greatest Living Authors

The Duke

Sold at the Exchanges in

years previously.

five

William Stroet.

Oladstone,

full

DIVIDENDS.—
DIVIDENDS ON ALL RAILROAD STOCKS
New York, Boston and Philadelphia, up to

chronicle Volumes
WAITED.
Tolsme

and the

year 1880.

Pubiications.

•^w

year 1880.

CO., Boston.

GENERAL TRANSATLANTIC CO.
BETWEEN NEW VOItK AND HAVRE.
From Pier (new) No. 42 North River,
Foot of Morton Street.
Travelers by this line avoid both transit by EnRlish Kttiiway and the discomforts of crossing the
Channel in a small boat.
FRANCK, Tnulelle
Wed.. July 27, 6 A. M.
CANADA, Franguel
Wed., Aug. 3. 11 A. M
LABRADOR, Joncla
Wed.. Auk. 10, 8 A. M.

PHICB OF PASSAGE, (including

wine;
To Havre— First cabin. jlOO and f 80 second
cabin, (00. Steeruffe $26, inciudinjz wine, bedding
and utensils. Heturn tickets at very reduced rates.
Checlts drawn on Credit Lyounaia of Paris in
amounts to suit.
;

;

FOR MARSEILLE!*,
Barcelona and Marseilles, tak-

ing freight and passengers
P. DE I.E^SEPS. Capt. BaqueJne

VILLK DK MARSEILLE?, Cahour
RATE* OF PA8SA(JE;

Aug. 8

For Cadij and Gibraitia-— First cabin
?75 and »90
For Barcelona & Marseilles— First cabin. |80 and 1100
Steerage

|32

Through bills of lading issued to Mediterranean
Ports, including Barcelona, Algeria, Tunis, Genoa,
Leghorn, Naples, Messina; also, for Trieste and
Constantinople.
N. B.— No freight taken for Gibraltar.

LOTJIS

OE BEBIAN,

OF

Aseut,
No. 6 Bowline Green.

Company

NEW lORK,

OFFICE, 119 BROADWAY.
FlftyFinh Seml-annnal Statement^
SHOWING THE
CONDITION OF THE COMPANY ON THE FIRST
DAY OF JANUARY, 1881.

CASH CAPITAL
Ke.'ieive for

$3,000,000 00
Unearned Premiums 1,931,273 00

289,986 18

Reserve for Unpaid Losses
Net Surplus

1,639, 245 98

$6,860,505 14

Cash Assets

SCmmARY OF

Held

TOUCHIMO AT CADIZ, GinRALTAR & BARCELONA.
The following steamers wiil leave New York direct
for Cadiz, Gibraltar,

Insurance

In the

MENT

of

ASSKXS

United States, available for the PAT"
LOSSES by FIRE and for the prote*

tion of Pollcy-Uoiders of
Cash in Banks

FIRE INSURANCE:

$256,11» OT
lien on
„,..,.,„„
1,861,808 0»
real estate (worth »4,2«6,R50)
United States stocks (market value).... 8,584.000 00

Bonds and mortgages, being Urst

Bank and railroad stocks (market value)
Slate and municipal b'ds (market value)
Loans on stocks, pttyable on demand

407.4^ oO

(market value »6fl6.369 00)
Interest due on 1st January, 1881
Balance in hands of agents

S^^'SiS 2§
59,669 «8

Real estate

Total

..

',

.

198,760 00

i?
81,958 81

*l?'i!SS

$6,860,606 i

GHAS. J. MARTIN, President.
J. H. 'WASHBURN, SecretaiT*

THE CHKOMKJLK.

jtTLT 88, isei.j

InnurHnce.

Iiuurance.

ORIENT

ATLANTIC

(Saeeesson to K. M.

BA

Mutual Insurance Co.,
26, 1881.

The Trustee*, In conformity to the Charter of
the Oompauy, submit the following Statement
December, 1880:
Premlujus on Marine Risks from
1st January, 1880, to 31st Beoember. 1880
»4,232,675 04
Premiums on PoUolea not marked
off let January, 1880.
1,495,947 23

of Its affairs on the 31st

Total Marine

Premloms

95,728,622 27

....

'

I

Premiums marked

off

Yokk, January 27, 1881.
"Rie following statement of the aflfalrs of this

Company on the Slst day of December, 1880,1s
published in conformity with the provisions of
Its Charter:
Premiums unearned 31 st Decem1879
$144,765 10
Net premiums received during
the year ending Slst Deo., 1880 1,041,762 63
Total premiums

Earned premiums

$1,186,627 78

of the year.

.

$1,032,010 05

.

Losses and expenses

$614,846 94

$2,071,238 98

Fremhmis and ex-

of

penses

$873,113 96

The Company has Uie following assets,
United BtHtes and State of New
'

York Stook,

Oltr,

In

Bank

United States stock
Stocks of Corporations
Realestate
Subscription notes, bills receivable and uncollected premiums

oertlHcates of profits will be paid to the holders
thereof, or their le^l represcntatires, on and
after Tuesday, the First of February next.

THE OUTSTANDINQ CERTIFICATES

of

the Issue of 1876 will be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the First of February next, from which date all Interest thereon
wlU cease. The certificates to be produced at
the time of payment and canceled.

A DIVIDB^ND OF FORTY PER CENT

By

H.

CHAPMAN,

Secretary.

Charles Dennis,
W. H. H. Moore,

Lewis

Curtis,

Charles H. Russell,

Horace Gray,
Edmund W. Corlles,
John Elliott,
Alexander V. Blake,
Bobt. B. Mintum,

James Low,

Charles H. Marshall,

I>avld Lane,

George W. Lane,
Edwin D. Morgan,
Robert L. Stuart,

Gordon W. Bumham,

-A. A. Raven,

Wm.

Bturgls,

Adolph Lemoyne,
Benjamin H. Field,
Josiah O.

Low

WUllam

E. Dodge,
Royal Phelps,
F. Touugs,
A. Hand.

Thomas

a

John

1).

Hewlett,

WUllam H. Webb,
Okarle* P. Burdett,
J.

James O. De Forest,
Samuel WUIetts,
Charles D. Leverioh,
W'lUam Bryoe,
V llliam H. Fogg,
Peter V. King.

Thomas

B.

Coddlngtn

William Degroot,

D. JONES, President.

CHARLES DENNIS, Yice-Presldent.
W. H. H. MOORE, 2d Vlce-Prealdmit
A. A. KAVSN. 84 YlM-PlMldoil

18 Bxcbance Plaee,

NKW

&

Geo. Copeland

TRUSTEES:
HuKh

Aucbincloss,
Lawrence Weils,
Wiiliam Fohimann,
Francis G. Brown,

>BARI. SXRBBT. NB^T TORK.

I3S

JOHN

&

H. CLISBT

Hamsay

Zlmmennann

Wilson,
Gustar Schwab,

Croolcs,

8.

BABCOCK UKOTHERS *
80 Wau. Stxxxt.

.

AND OOHMIBSION MERCHANTS,
121 Cheatnnt

St.,

PUUdelptala.

WALTER & KROHN,

Cotton.

COTTON BROKERS,

Felix Alexander,

Bntlre attention given to parcbtse of COTTOB
for SPINNERS and EXFORTBSS

ORDER

COBEXSPONDKKOK BOUOrrXD.
Keferences :— National Bank of Aognita, Seorgr.
Henry Bents A Co., Commlwlon Merchants New
Yerk; William B.Dans* Co., Proprietors Coxiwa
oux, Ain> FiHAXOLU. Cbsohiolx, and other Ne<
folk Houses.

&

CO..

COTTON FACTORS

EUGENE DUTILH, President.
ALFRED OGDEN, YIee.Prealdent.
CHARLES IRYING, Secretary.
ANTON METZ, Asa*! Seeretarv.

Parisot

.

Receive consignments of Cotton and other Produce.
and execute orUers at the Exchanges In LlverpooU
Represented in ^ew York at the otllce of

Geo.H.McFadden & Bro

George H. Morgan,
Arthur B. Graves,
Francis B. Arnold,
H. L. Cbaa. Renauid,
George S. Soott.

Wm.

COXMISOXIV

17 Water Street, L.IVBRPOOI.,

Theodore Fachlri,
C. L. F. Rose,

Wm.

A.

COMMISSION MERCHANTS,

Waiter Watson,
Ernento G. Fabbrl,

Chas. F.

CO.,

3tIONTGO»IERY, A1.A.

Charlee Munxinger,

Lewis Morris,

Cari L. Riclinagel,
Cari Vietiir,

Co.,

B.F.BABCOCK&CO.

Alex. M. Lawrenoe,
John D. Dli,

Henry E. Spragne.
John Weish, Jr.,

AiejE'r Hamilton.
Constantin Menelas,

TOBK.

C0TT0:H BROKERS,

PUBOHASI ONLY ON OBDU18, FOB

Campbell,

(8

BBATBR 8TRBBT, NBIT YORK.

H. Tileston
COTTON,

W Wlt.L.lAM
Orders

In

&

Co.,

BONDS, *«.
BTRBET, NKW TORK.

8TO<!KS,

" Futures" executed at N.T.Cottop Kxtfi

A. L. Leman,
COTTON BROKER,
160 SECOND STREET,
IHACON, GEORGIA.

No

Bntlre attentron paid to purchase and sblpmeat ef
Cotton on order tor Spinners and Exporters.
Best of references lurnished. Correspondene*
solicltetl.

f)ottoii

Factors,

TICKSBIIRG, niSS.
Orders to Purchase
Refer to Messrs

Cotton in

ocr market solldtei

WOODWARD

New

A VTILLMAN

Toik.

John

L.

I.,

and

RICHMOND, TA.

The Atlantic

F. Wheless

&

KCHKKA"
'Oaixar./'

&

Virginia

Co,

Co.,
AKMOHIATEO BONE SurKRIUIOSPHATB Of VOtm,

OonmiBSION nBKCHANTtt
NASHVILLE, TKNNE88KX.
Special attentloQ glvea to Splnnen' orders.

Oorre-

solicited.

RirxsMozs.— Third sod Fourth
aad Preprlcton of Tax Ca>oxi«i,a,

'

OFFKR THEIR STANDARD BRANDS

COTTON

•poaSeace

WORKS AT Orixnt,

Fertilizing

Horace K. Thurber,

Henry Collins,
John L. Biker.

&

Special attention given to the Purchase and fi^i •
of Contracts for future delivery of Cotton.

CHARLES IKYING, Secretary.

COTTON BROKER,

3. D. Jones,

No*. 16

COTTON BUYERS,

AVGCSTA, GEORGIA.

TKUSTEEISi

.)

POST BniLDING,

order of the Board,

George Mosle,
Henry DeB. Uouth,
E. U. U. Lyman,
Henry H. Kunhardt,

Co.,;

COMMISSION merchants'

on or after Ist March next.

la

order of the Board,

&

P. Billups

14,532 58

outstanding Certificates of Profit be paid to the
holders thereof, or their legal representatives,

declared on the net earned premiums of the
Company, for the year ending Slst December,
1880, for which certificates will be Issued on
VDd after Tuesday, the Third of May next

J.

386,597 78

amount of assets
$1,202,612 42
The Board of Trustees have this day
Revolted, That six per cent Interest on the

$12,608,356 71

PER CENT INTEREST on the outstand-

By

63
25
00
19

337,977 87

Amount
SIX

New

COTTON
$93,279
280,031
78,142
860,029

Total

other Stocks
$8,983,658 00
Loans secured by Stocks and
otherwise
1,187,900 00
Beal Estate and Claims due the
Company, estimated at
470,000 00
Premium Notes and Bills Receivable
1,628,921 84

Cash

COTTON BROKERB,

Slst December, 1880.

Interest

Bank and

j)

ll'T Pearl tttreet.
York.
Orders for Spot Cotton and rntares promptly ex*

J.

Suspense account and accrued

tIx.:

BROKER AND AQBNT,

RDB OB LA BOURSB, HATRfl(
Dennis Perkins & Co,^

$249,915 99

Cash in banks

Setums

CJOTTON
t8

ASSETS

LoMes paid dnilnK the same

Hoffmann,

F.

Re-insnrance ami return prem-

iums

!

''

'

oated

$4,141,087 80

period

,.,

S

18 Wllllaas Street, New Tark.
INYB8TIIKNT 8KCURITIK8 BOUGHT AJTD
SOLD FOR A OOMMI.uSIUN.

from 1st

1880

K BR

COTTON COMMISSION MEBCHANTi^

ber,

January, 1880 to 31st December,

N

Co.>

WATERS A OOJ

AND

Mutual Insurance Co.,
Nkw

N£W TOBK, JuuaiT

&

Graham

Jno. C.

THB

OFFIOK or

OFFICE OF TH£

COUOB.

Kattaaal Banks

" ORIENT COMPLETE MANURE,"

ADd waot » Kood workinK

sftent In trery tbrlrUiR
cotton, tobacco. Krain and txuck crowing eounCy*
.Apoly (with reference) to

ir« G, CKI£IV8HA1¥, PrMn«H
CILKNSBAW WaRKHOVSK,

BieliinoBA«

••

THE CHRONICLE.
Cotton.

Cotton.

Wopdward &
{-.(J'-./

Stillman,

P08T BDUiDINQ,
Hanerer St Beaver Mts.

Oar, Bxehaate Place,

[Rkab or Custom

HotiBis],

NEW YORK.
CIENEBAL COMMISSION MERCHANTS
ftOANS nADE ON ACCEPTABLE
,

,

[ivt.Y 23, 1881.

Cotton.
OHAS.

BOHORerr,

Cotton Exchange BnUcUng,

101 Pearl Street,

New

New

Special attention given to orders for the

Co.,

NEW YORK,

=!=!^=!^*

'

SOUTHERN SECURITIES.

Insurance.

HYMANS & DANCY,

iETNA

Watts. Haswell 4 Co. will make advances on Cot
ton and other Produce consigned to them, or to W.
Watts 4 Co. Special attention given to the exe

C

•ntlon of orders for the purchase or sale of Cotton
la Liverpool for future delivery, etc.

W.
._

W

WATTS

C.

Co.,

COTTON BROKERS,
'

Ho. 110 Pearl Street,

New Fork.

H. WABI.

PEARL STREET,

131

HIBAM POOL.

solicited

COTTON BROEERb,
Ho. 146 Pearl Street, near Wall, N.

IS

Si

COntMISSION niERCHANTS,
40 KXCHANGE PLACE,
York.
New

Tork and .^if erpoel aad advsaces made on Cotton
*Bd otiier produce consigned to us, or to oar oorre»9andenu In Liverpool, Messrs. B. Newgass 4 Co.
fcad Messrs. L. Rosenheim 4 Sons.

AJTD

FINANCIAL AGENTS
183
Ne^ York.

8,909.

^^NWt8 FOK PDTDBl''DELIVBRy

sair

OF

WM. MOHB. H. W.HANBMAHK. CUMINS FISOH*

Mohr, Hanemann & Co.,
COTTON BROKERS,
I»8 PEARL STREET,
N«W

&

»BB8 FOB FUTDEB 0ONTBACT8.

Ins.

Co.

LONDON AND EDINBtJRnH.
United States Board of Managementi

NEW YORK
PABBRI,

8. B.

:

Morgan

Esq. (Drexel.

CHITTENDBN.

ASTOB,

CflAS. E.

Co.,

New York.

& Co.)

Esq.
Esq.

WHITE, SAM.

BLAGDEM,

P.

New York.

LyOmmercial
Ins. Ca,

(OF LONDON),

ALFRED

Henry Hentz & Co.,
GENERAL
coninissioN merchants, 37
SoBtb iruifam

St.,

New

JAMES FINLAY

CJVEBPOOL, LONDON

AND GLASGOW.

Also execute orders for Merchandise througb

nieaare.

FINLAY,

MUIR &

CO.,

DELIVERY COTn.S2'^''A^'''S/0I'
TON bought Knd sold FUTURE
on commission In New York
and Liverpool: also at New Orleans through
Messrs.

&

Waldron
Tainter,
GENERAL COTTON MERCHANT
^tn

e

PEARL

'

STREEl',

NEW YORK.

orders executed at N. Y. Cotton Kxoh's e

Hughes, Carter

&

Co.,

COTTON BUYERS.
MOBILE, ALA.

MERIDIAN, MISS.

THE BROM""
Cotton Gin Company,
LONDON, CONN.,

Brown Cotton

PELL,
Resident Manager,

&

39 Wall

Stre^.-

York.

Advances made on Consignments to
raeesra.
Sc CO.,

NEW
OH.

Union

MOODY tt JEMISON, GalTeston, Texas.

fASrUrAOTUBERS OF thi oilebbatid

YORK.

Bpaoial atteatlon given to the
execution of

Mercantile

new YORK

No. 10 Old Slip,

97

Pearl Street,

O Box

Affent.

British

MANAGERS,
Olllce 64 U'llllam St.,

CALCDTTA AND BOMBAY.

H.

Farley,
J.
COTTON FACTORS,
COMMISSION MERCHANTS,

P.

New

or

Ho».

COTTON COMMISSION MERCHANTS

8

Advances made on Consignments.
^E^'*iES"°''*' attention to the purchase and

$3,729,971 9i
Yortt.

AND

LEHMAN BRO'S,
Cotton Factors
otton Bxchciges In

&

St.,

ALEXANBER,

North

BANKERS

'k

LxHXAN, Draa 4 Co.
Montgomery, Ala.

&

NET SUEPLUS
No. 3 Cortlandt

E. P.

18 Exchange Place,

Jemison

S.

1,694,801 80
8,000,000 00

Capital

EZRA WHITE,

Post Buildino.

E.

$7,424,073 78

SOLON EtUMPHRBYS, Ch'r'n,(B. D.Morgan A Oo
DAVID DOWS, Esq. (David DowB A CoO

COMMISSION MERCHANTS,

Established (in Tontine Building) 1840.

H. W.

1, 1881
unpaid losses
and re-insoranoe fond

Liabllltle* for

J. J.

Tames F.Wenman& Co.,

Orders sxeeated at the

Gwynn & Co.

COTTON FACTORS

New York.

Signments.

New

Orders executed at Cot-

New Orleans and Llverpoo

AND

Special attention paid to the execution of orders

New Orleans, La.

NEW YORK.

STONE STREET,

BS

Fielding,

•r the purchase or sale of contracts for fatare deHrery of cotton. Liberal advances made on con

Co.,

OF HARTFORD.

Johkston.

COTTON COMMIS^ON MERCHANTS,

COTTON COMMISSION MERCHANTS,

lABMAV, Abkjlham 4

S.

Johnston,

Company

AsseU Jaoiunr

JAS. A.

Babtlbtt

&

Pool

ton Exchanges In N. Y.,

Schroeder,

111 Pearl Street,

&

Foulke,
conmissioN merchants,

GnXlAT SCHBOBBI

&

Ware

Bennet

Consignments

FUTUBI CONTBAOTB A SPKCIALTY.

HIKBT

Special attention given to the purchase and sale
of contracts for future delivery.

Insurance

Special attention given to the execution of orders
for the purchase or sale of Contracts for Future
delivery.

BROWN'S BUIIiDINO. LIVERPOOL.

&

Co.,

NEW YORK.

ds CO.,

Ceo. Brennecke

Hyman &

Dancy,

COTTON COMMISSION MERCHANTS,
97 Pearl St., New York.

merchants.

coinnrissioN

purchaM

and »ale of Contractg for F uture Dellrerr of Cotton.

NOBFOLK. VA.

COTTON FACTORS

AND

York.

LIBBRAL ADVANCES MADB.

_^^

CC 8T0NE STREET,

barkstt.

Receive Conslgnmenta of Ck>tton and other produce

Tork.

LOANS MADE ON

&

r.

C. F. Hohorst & Co.,
COTTON
COTTON
COMMISSION MERCHANTS
COMMISSION MERCHANTS,
No. 135 PBARL STREET,

W, & Watts. David haswkll. Cbas. W. Wattb
Thomas J. Slaughter, Special.

Watts, Has well

john

INMAN,SWANN&Co

SECtlRITY.
IJbsral advanoes made on Consignments.
Special attention paid to the execution of orders
for the purchase sr sale of contracts for future
delivery of cotton.

r.

Gins, Gin Feeders and

Condensers,

oorroN ours fob export.

Misecllancous.

Whiting Paper Co.,
HOL.YOKE, HASS.
Bankers* Ledirpr and Record Papers.
Machine llnnd-Made Papers.
Antique Parchment Papers.
Plated Papers.
Bond Papers.

AOBNTS
JAIOES D. 1« HITMORE
CO.,
4S BEKKMAN 8TRKET. NEW TOBK.
tc.

Wire Rope.

tSTKKLAND
IRON

CHARCOAL

of saperler quaUtr

suitable for

MINING AND

HOISTING

FURP03B8,

Inclined Planes, Transmission of Power, 4c. Also,
Galvanized Cbarcoal and
IIB for Ships' RlKging, Suspension BridKes, Derrick
Guys, Ferry Ropes, 40. A
large stock constantly on
hand from whioh any desired
lengths
are cutFldk.T 8TEKL
IRON
ROPBS for Mining pur-

AND

poses manufactured to or-

JOUN W. nASON

48 Rroadwar,

A-

CO.,
1r«rk.

New