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HUNT'S MERCHANTS' MAGAZINB,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES

VOL.

NEW YORK, JULY

35.
Financial.

FInnncial.

AMERICAN
143

BROADWAY, NEW YUKK.

B(T8INCS8 FOrNDKD ITBS.
l«<an»rat«d untUr Lawt of Slalt nt New Tork, 1888.

Alfred H. Smith

USOUGANIZCI) 1870.
BNORATEUg AND PUINTKU8 OF

&

182 Broadway, Cor. John
IMPORTKRS OF

FROM
apeoial
$r Alteratinju.

ilTetr for use of the Cooi^Hnr.

Safety Papers.

Safety Tints.

Work

Exccatcd

In

PIreprooi BalldlnsR.

EAILWAY PKLNTING A SPECIALTY
Kailwaj Tickets of Iiuprored Styles,
WUAor wUhout Coloro, atui Tlckelt of all KituU
TllUSTBBS:
Jo».

A. a. Goolall, President,

W.

St.,

Vice- Prcst., 'V. ki. Pori-er,
A. O. 6hepHr(i, vice-l'rusident, P. C. L»unsburT.
Main Smiilie, Viue-Crest.. €hh8. Meyer,
J, T. Itobertsun. Vico-i'rosident, A. V. Stout,
a. 11. Uantorth,
Q, 11. titayner, Treasurer,

Wm.

Theo. u. Kreeiand, Secretary.

Member

Anversoise,
E It p

w

MAyuiNAY (linifrjfc Maqulnaj), Vlofl-Pree
Von itiilK BRCKKtVon der tiecke A Marsilr).

ALrHii)

Otto (iuNTUicK (Corneiile-Duvid).
BHII.K DB UUTTAL.
ITkank

(Kranli, .Model

Aoo. NoTTHBoHM

* Cte.l

Orro

W, C.

TItAVHACTS A
GENERAL UANKINU BUSINESS.
J. J.

KDDy,

BO!»IOi>i,

...-.........

$400,000
400,000

1. l^ost, Banker,

25 NA.^-S.W STREET,
BUYS AND 8KLLS
Mate, City and County Securities.

Floyd-Jones

Samuel M. Smith,
DtALBU
i'Ur

Robison,

W.

Ms.

EXCIIANnE COURT.

'i

Bonds and all Investment Securities
bouRht and sold (strictly on cammlasion] for casi<
or on margin.

EHTABLII^IIKO
1804.

Coleman Benedict
No. 21

BROAD

ST.,

NEW

& Co.

YOKlC,

STOCKS AND BONDS,
MBMBBKS
A

strictly

Ot

THE

N.

Y STOCK EXCUANOE

commission business conducted in the
of. Stocks and Bonds on MarylD

or for In'vestmen*..
Complete Financial Report issued weekly to our
correspondents.

ERXKST UBOS8BKCK,
Members N.

QBANT B. SCHLir,
V. Stook BxataanKe

Groesbeck

5c Schley,'

BROKE BS,
No.

13 'WAL>L

8T6.EET.

Howard Lamley,

Howard

IN

Innarasca Hcrl*»

'

NEW YORK.

Hkmby Bo^vEB8, Jr.

Lapsley

Ban'i

&

Co.,

HANKERS AND BROKERS.
No. B WALL 8 T R K B T
.

.

New Vork.

B. D.

A VT8R,JB.

V YHR, JImtbtr

AT. r.

&

Vyse, Sons
No,

Stock

A

C, t. BBOrlt
Mxe»anf.

Bioun,

U.4NKEaS AND BROKERS,
3 WALL STREET. NEW YORK

E. A. Mauriac

&

Co.,

BANKBR6 AND BROKERS,

Stocks,

•

nnllwnr Heeurlllm. <•» and
Hinclia,

&

BANKERS AND BROKERS,

u. m. willakd,
Ueiulieis N. Y, titook Exob,

COKUiStiPONUKNCK SULICITKD.

40 WAl.L 8TREHT,

CnA«. B. rAi.nwKLU late Wc«l * (^Idwell.
SlLABf. IIAV, Member N. V. Stock Kxrbange.
Lan8IN'0 C. Wakhuubk, late Wblttingbaa
Washburn.

Stocks, Bonis and Oovernraent Securities bougbk
and sold on commission. Intercut allowed on de..
post B subject to check at sigh*;

FT.evn-.IONK8
ot tho N. T, Stock Kxcbuoiie.

purchase and sale

Aeeouots of Banks and Bankers solicited,
CoUecttons maoe upon favorable terms.
Government Konds b<-nxtlt and sold.

Aug.

WiiKuu

Members

Cashier.

Maverick National Bank,
OAPITAIi,
nVHeiiVH,

c.

William Robison,

Uhanih

p. Potter. Preau

Transact a general Banking Business, Indudlng the
Purchase and Sale of all Securities dealt In at the
New York S'oek Bzchange.
Interest allowed on deposits subject to sight draft

TBOS. A. VT8B. TnO<.

N. 7.,'4tock Ezctaaniie.

Jaa. Dan. fuhuma.vn.

Asa

Wierum,

^

(.Nottebolim Freres).
(MichielM Ixios).
Jr. (Joh. Dan. Fuhrmwui.)
LocTiH wi£Hi!K(H:d. Weber A v ie.)
iULK» KAUTICNHrUAUCkl (C Sclimld A ClO.)

Kh.

&

BROKERS.

&.

Brandwnr and Wall HU

DO EXCHANaE PLACE,
Broilers in Itailroad Stocks and Bonds,

fVLix GRISAH, President.

Al>.

BANKERS

Deposits received sumect tu check at sliiht, and
intereHt allow id on daily bulaiices.
9tock8, Bonds, &c., bouuht and sold on commtsslon
in Phtladelphta and utber oities.
rarttcQlur attention >{iven to information resard
InK InTeatmenl S*--cariti08.

CUAS. K. RANUALl.,

Paid-Up Capital, -"Hi.OOO.OOO Francs.
BOARD or DIRECTORS
J. B.

Caldwell, Hay & Wasubdrm
UNITED BANK BCILDINO.

PHILADEI^PHIA.

Randall

York.

;

SOUTH THIRD 8TKEET.

140

Co.,

Acooanta and Airenoy of Banks, Corporattoiw..
Onus and IndlTlduals received apon favorable terma*
DivldeDds and Interest collected and remitted.
Act as acents for corporations In paying conpoiu
and dividends also as transfer agents.
Bonds, stocks and seonrltlea boOKhtsnd soldOD
eommlssloB,
Bound railroad and miinlolpal bonds negotiated.
Sterling exchange bought and told. Umfta ob
Dninn Bank of Tx>ndon.

aiVERNMENTS i fORE/GA EXCHANOB.

Banque
Centrale
AN r

S3 William Street,

Co.,

Banker* and BroKem,

Drexel,

James Maodunomfh.

&

H. Taylor

L.

BANKEKS,
Mew

Co.,

LiNDLir HAINES

LIWIS U. Tatlok, JB.

CiTEEL PLATE!4,

nafemurds to prevent CoanltrteUint
Hpecial papers manufactured exctu-

&

Jesup, Paton

BOiTDS. POSTAOB ASD RBVEXUB STAMPS,
LEOAL TENDER * NATIONAL BANK NOTES
Diamonds, Fine Rabies, Sappliires,
if Uu UNTIED STATES oivJ for numt Itn*^
Q t ver nnwHtt,
and otiier Precious Stones,
BNORAVINQ AND PBINTINO
EXCLUSIVELY.
or BANK NOTES, STATE AND BAlLltOAD
BONDS, SBARB CBBllFWATES. BILLS Ot
4c.
STAMPS,
SXCBANOE. DRAFTS, CHECKS.
LONDON, 33 H01.B0RN VIADUCT.
IN THE FINEST AND MOST ARTISTIC STYLE

With

892.

Ftnanclai.

DIAMONDS.

Note Company,

Bank

NO.

29. 1882.

Ne. r Wall Street,
Railroad, Mining, and other Stocks. Bonds, (to.
bought and sold on ommiseion,
B. A. M/'.URIAi',Member d.Y. Stock Exchange.
M. M. liUWl.AND.
BYUNKV BI.SIIOP.
i

WM.M. FAEL, A,H.DATT0K. QBO.H, SXAYinna
SpeooL
Member N.Y. Stock Kxota.

&

Earl

Dayton,

BANKERS AND BROKERS
bS

TO

M

DRK.TBI, BUILDING,

Neiv York.
STOCKS AND BONDS BOUGHT AND SOLA
STRICTLY ON OOMM188ION.
Walston U. Bhowm.
UXUUIKT

Fbco. a. BBOWK.
p.

BBOWM,

Walston H. Brown & Bros
'••'^
BANKERS,

,

.

•

-No. 20 Namau Street, 1««liv ^:|(Mk.
SPECIAL ATTE-NTIONOIVKN TO-^rtfU i^lfBUHi"
•"''— '., '
TIATION OF

RAILROAD ABCORrriiS^

John

S.

James

&

-

Co.,

Commission Stuck Urtkers,
No.. 16 BROAD 8TKEBT, NEW TORH*
WABKIX T, JAMM.
John S. Jamk",
..- «
Exclu
Stock ji.,.w.
ovoca
i
Uemuer N. V.
Aivmoern,
asd
«eid t»r fM^ «»,0B
bougM
Bonds,
Ao.,
Htoeka.
\
.

THE CmiONICLE.
Foreign Exobuuge.

&

Drexel, Morgan
A

Drexel

Co., August Belmont
a A N K EK S.

4lo.

Drexel,Haije8ACo

Co.,

Noa. 19

PABIS.
FORBIQlf BANKERS.

Dtpoilti reoelTed anblect to Dr»n. 8e«urltlej
%•<)> t and auld on ConnilMlon. Interest allowed
•noepoalts ForelKQ KichsDiie. CommerclnlCreaIrcular Letters for TrareltU. Cable Trauifers.
mn, arailatHe all parts of th« world.

Brown

&

Brothers

Co.,

No. £9 UrALI. ST., N. V.,
SCY AND EIKLL

OF FXCHANOE

BIL.L.S

ON ORKAT BRITAIN AND IRKI.ANI), FRANCE,
OKRMANT, BKI.OIUM. SWITZERLAND, NORWAY, DBNMAKK. SWUUBN ANUUOLLAND.
iMBe Commercial and Travelers' Credits

G.

&

AeSNTS FOI

BARING RROTHER8 & COMPANY,
58 WALL STREET. NEW YORK.
28 STATE STREET, BOSTON,

abroad un nil uointa In the United Suitea
Canada, and of Drafts drawn In the
United State* on Forelsn Countries.

J.

& W. Seligman & Co.,
BANKERS,

BARING BROTHERS & CO., LaadOB.
PERIER PKERES & CO.. Parts.
MENDELS80HN dc CO.. Berlla.
NKWVORK:
LONDON:
PARIS:
c2ik'E"QcfN™v. W.RtJSeKLLWlSE. T.KDAT18.

&

Co.,

No. 8 'Wall Street, New York,
Ao. 4 Poat Offlee Square, Boston.
CEKQCTSS AND CABL^ TRANBFBB8 ON

•TMURO

CHEQUKS AND BILLS AT 8IXTT

DATS' BIGHT ON
ALEXANDERS dc CO.,

I.OADON.

OIVOVLAB NoTxa Afl> Caxx>iT« FOB Tbatvi,xss.

&

J.

83

&

J. Stuart

Co.,

NASSAU STREET.
EXCHANGE ON

aniTH, PAYNE & SniTH'S,
BANKERS, LONDON

;

MANCHESTER & COUNTY RANK.

W LONDON

;

CliSTBR RANKINe COSIPANY,
BELFAST. IHELAND
on THB

Ajn>

MATIONAL RANK OF SCOTLAND,
KDlNBUKe, AND BRANCHES;
AUO.

CAB LM TH ANBFBKS AWD L»TTBB8 OF CHBBIT

FOREIGN EXCHANGE. CABLE TRANSFERS.

&

William Heath
BANKBRS,

Co.,

Draw

Lichtenstein,

St.,

aor.

NEW

&

William Heath
BANKBRS.

H.

J.

GOADBT &

and City

WALKER,

B. E.
JOINT AGENTS

SPECIAL PARTNKB,
Rerlla.

DEUTSCHE RANK,
'
'

!

j.u.iutaAii.

,

___

r.w.PuBT.

Latham & Co.,
J H.
VNrrBO BANK BDILDINO,
.

WALL

NTESTMEXT

JOBN

S.

KINNZOT.

S.

J.

J.

No. 63

KianmiT Ton.

&

Kennedy

Co.,

WILLIAM STREET,

DOMESTIC AND FOREIGN BANKERS,
DRAW BILLS ON LONDON.
BUY BILLS OF EXCHANGE.
ACT AS AGENTS FOR BANKS, BANKERS AND

VOBBIGH BXOHAMGB.

BLAKE BROTHERS &

CO.,
Agsnts for NOKTH AUSRirA,
IS WALL STREET, NEW YORK.
W STATE 8TRBRT. BOSTON'

Bank of

and Dollars.

Drafts.

Uahbho a

Ci.

8<lli

&

Ruckgaber,
19 EXCHANCk PLACE, NEW YORK
Schulz

BANKERS,

coUBisroimENTs of ib»

International Bank of Lan4«n
(Limited) London.
Haaara. Jokn Bercnbcrc, GoMler 4c Oa.

HambnrK.

^^

R. T. Wilson

&

Co.,

m London at Interest for

terms which may be ascertained

fixed periods
at the uftice.

PRIDKAUX HKLBY,

oa

SecreUrv.

Hong Kong & Shanghai
BANKING CORPORATION.
CAPITAL (paid-up)
RESERVE FUND

HEAD

»^0L-.,
S,ieO^

OWFJOB,

BONO BONO.

The Corporation frrant Drafts, issue Letters •<
Credit for use of Travelers, and neKotlate or collet
Bills payable at Bombay, Calcutta, Singapore, Salnoa
Manila, Hons Kong, Foochow, Amoy, Niniraa
dhanffhal, Hankow, Yokohama, UiOKO, Ban Praael^
CO and London.
A.

ni.

TOWNNEND.

Avent.

4r WIlllaiB

Si.

The City Bank,
(LIXtTBD.)

EWGLAND.

LOlSDOlf,

mm

•••••-£4,i
3,
......
smi,sil

Aathorlzrd f'avltal, .
Hnbueribrd Ci>»llal,

•

.

.

.

Paid-U* Capital,
Rceerre Vand. iE330,000.
BSAD OFFICE, THREADNEEDLE ST.
BRAKOHiSS:
Tottenham Coait
Bond etrcet, London,
London.

Lndiiate HI 1, London,
KD'ihtsferidve, London.

PaddtnKton, LondOB.

Uolborn, London,

AldffHte, London.
Old street, Londox;

The bank, while oondttctinit the general bnslneM
of London Bankers, Kives special attention te ibf
•f eney of rereldn and Colanlai Banks.
A. O. KENWBDY, M«B«««F.

Adolph Boissevain & Co.

BANKERS
ABD

OOIW ISSIDN HBROHAH*»(
II8TERDAM, HOLLAND.

BANXESBAND (XJHMISBIOB MESCBAim
S BxelianBa Comrt, Menr York.

Ml.,

Reserve Funds) £iil.om.
Letters of Credit and Drafts issued on the 8t
branches of the Bank In the CoUmies of Queensland.
New i*outh Wales, V ctoria. South Australia, Tasmo*
nia. and New Zealand. Bills neKotinted or sent for
Cullectlon. TeleKraphlc transfers made. l>eposil«

OoBuaeretalandTmTelen'Credlts, BUieef KitkooM
Cal)le Tnuisfers.

1833.)

London, Enalaa^
PAID-UP CAPITAL, iii.iOO.OOO.
UNDIVIDED PROFITS (Incl'dlnK Guarantee aad

RAILROAD COMPANIES.

IMNDON COnmcaPONDlilfTS:
MII.TIU.(, Btan* a Co,i Ma

Australasia,

(INCORPORATED

Issue Commercial Credits and Forehrn and Doneetle
TruTelera Letters of Credit in Pounds

BTHEET,

SECURITIES,

business of a financial character In connection wlta
the trade with the Dutch I£ast Indies.

TRANSFKRS, ETC.

ISSUE COMMERCIAL CREDITS. AVAILABLE
IN ALL PARTS OF TUB WORLD.

AMSTERDAM.

Issue oommercial credits, make advances on shit
ments of staple merchandise, and transact othe^

ret elve<1

Canadian Bank of Commerco,
16 EXCHANGE PLACE,

IN

Agencies a, BatavLa, Soerabaya and Samaianf
Correspondents in Padanv.

Ko. 4 Threadneedle

Orders solicited for Ixindon and Amertnan markets
for Investment or on miincLzL Kullwaj. Btttt«
Iioiuu negotiated.

18»3.

($4,800,000 Gold.)

HEAD OFFICE

Co.,

No, 8 Place Vendome} Paris.

Agent.

Bankcr».

ESTABLISBED TS

ExchanKe and transact a iieneral
commission business. Particular attention

Ezakaaca Place,

TORE.

BRANDER,

Pald-Up Capital, 13,000,000 Gnlldera

given to American Securities.

•.

Make Telanraphl* MonsT Trmaafers.
aw lUlis qf Kiclwue and Issaa L«tt«n of
"I oa all prlnaiiNtl dUes of Knrope.

L.

Nederlandsch Indische
Handelsbank,
AmSTERDAin, HOLLAND.

Bills of

financial

Si.

BONDS,

ISSUES Commercial and Travelers' Credits,aTaU.
able in any part of the world. Draws ExchMljre^
Foreltrn and Inland, and makes Transfers of Monor
by Telegraph and Cable.

10 Ttarogrmorton Ave., London, Enx.

BUT AND SELL INVESTMENT SBCURITIB8

RANKERS,

2

NEW YORK.

Stock Ekchange.

S.

£4,000,000 OOIJ).

Co.,

CoUoet DiTldends, Coupons and FoceiKo and Inland

&

)

New York

HtertInK

Knoblauch
at William

&

BUY AND SELL STERLING EXCnANOE,CABL>

BILLS OF

"UMITEB;"
MARCHB8TKB. PAYABLE

Memt>er8 of

PARIS.

CO.,

RROADIVAY,

No. 80

John Munroe

SURPLUS, INVESTED^ IN U.

I-Vtreigii

BANKERS AND BROKERS,

AtTobla la any put of Europe, Asia, AMo, AniAniU and Aaerlea.
Draw Bills of Erchange and make Telegraphic
Tnuisfera of Money on Europe and Cullfomla.

OF

SAN FRANCISCO.
York Agency, Bit Wall

GEORGE

OOBBBSPOyDKNTS .

Iisne Letters of Credit for Travelers,

nVNROE &

York.

(BSTABUSHED 1861.)

New York.

lONATZ STKINAABT,}""'^""
LIHENTHAL. Cashie r.

N.

New

AND
AND Tbavklebs' CBSOtTa.

William Heath

BROAD STREET,

S3

IfO.

•

The Nevada Bank

CABLE TRANSFERS, BILI£ OF EXCHANGE
COiaiESOIAJ.

.

Co.,

New

Sts.,

$6,000,000.
l,7O0,OOO>

•

Transact a seneral bankInK business. Issue OoBfe
mercial credits and Bills of Exctaaoee, available la
all parts of the world. Collections and orders f«r
Bonds, Stocks, etc., executed a pon the most faTOi^
kbie terms.
PRED'K F. LOW,
1 „.„.„_

FOREIGN BWKERS.

TUANSFERS
HAKE TELEGRAPHIC
OP inONEY
BBTW^ES THIS AND OTBEB COVNTItlES.
flIAKE COLLECTION- OF DRAFTS drawn
and

&

A W. 8eliemanAO>>

Agents, J.

Anthorlaed Capital, •
Paid op and Reaerve,

P

BOSTON, MASS.,
Cor. Wall and Nassau

Martinique and Guadalonpe.

In Franca, In

Moner

G. C. Ward,

Kidder, Peabody

VORK

BOSTON Correepond'tB, Massachusetts N. B'k.

on California, Europe and Uarana.

S.

LONDO>, Head Office, 3 Angel Ooart.
SAN FRANCISCO OfHce. 4J2 Callforala Be
INRWr

and their correspondents.

ATAILABLB IN ANT PART OF THE WORLD.
And

puts of the

Also Commercial Credits and Transfers of

m

Attornkts and Aoknts of
iMara J. 8. nOKOAN & CO.,
Mo. 22 OLD BBOAD STREET, rXJSDON.

all

Anglo-Californian Bank
(LIMITBD).

ai Naaaau Street,

4c

MESSRS. DE ROTHSCHILD

FUILADK1.PUIA.

AND

Co.,

&c

Issue Trarelers' Credits, arallable in
World, throUKb the

M Bouth Tklrd Street 81 Bouleru* UauunUlui

BOilBSTlO

CTalUomla Banioi.
THB

Ferelffn Exctaaiiiie.

WALIi STREET,
OOBRKB OP BBOAD, NEW YORK.

XXXf.

[VtiU

X. T.

Cnw^ieialB

Messrs.

Rt^xt Baoa A

%

.

JULT

29. 1882

STHE CHRONICLR

J

Noiv England Bankers.

Canadian Bankers.

Merchants Bank
•

Co., J ohn A.Hambleton&Co
BANKERS AND BBOKESa,
No. 5 HOVTII STREET,
CONGRESS STRBKT,
BALTIMOIIK.

BANKERS,

$5,700,00« Paid Up.

-

SIB

I're.ldent,

HUGH

36

No.

Al.r.AN.

ROBKllT ANDERSON,

Vlco-Presldent,

B8(j

BOHlTON.

HEAD

OFFICE, MONTREAL.
QiSOHOB HAQUB, Oenerat Manager.
BANKERS:
LONDON, ENO.-The Clydesdale Bank (Limited.)
NKW YOHK-The Bank of Now York, N. B. A.

Agency, 48 Exchauge Place.

UKNKY UAGUK,
B.

ALSO.

Dealers In Municipal, State. Railroad and
United State* Bonda.

Special Attention given to Inregtmentt.
Ixians negotiated an 1 advanoea made on
collaterals.

josbt7a wilbour,

i

Chlcuco Branch, 138 WaaliiuBton 8trect.

MDKUDITU,

J. 8.

Jja

SVRPIiVS,
W.

J.

BUCHANAN, General

NEW YOHR
Noa. 59

ALEl'll I^ANO,

j

Exchange, Francs and Cable
Transfers grant Commercial and Travelers Credits
avii'.able In any part of the world; issue drafts on
anJ make collections in Chicago and throughout
the Dominion of Canada.

Buy and

Bank of Deposit,
cor. opp. P.O.
84 Devoniihirc &.'iO Water
BOSTON.
8ts.,

Interest

London

Office,

F.

Capital, $1,000,000.
D. B. WILKIB, Cashier

;

|

A. Hawley

Promptest attention paid to collections payable

E.

W.

In

AGENCT OF THE

North America,
WALL 8TKEET.

sell

Issue

demand

Clark &
BANKERS,

Baksebs and Stock Bbokbbs,

canada.

Prompt attention given to Collection of Commercial Bills and Canadian Funds on all points in Canada; American anJ Sterling Exchange, and Stocks,
Bonds, etc.. bought and sold.
Ctirrespondents— Uaiik of New York,

IN-

C.

Thomas.

Jos. M.

Dealers in all issu*'* "f United States Bonds.
IiiTestment SecuritieB h Mpeclultjr. Correspondence
invited and full information upon tlnancial subjects
furntshed.

A. P. Turner & Co.,
BANKERS,
No. '.£07 Walnut Place, PHII.ADELPIIIA.
Government, State, Municipal and Railways Bonds
and Stocks bought and sold at all the EccnanKes.
InvestmentB prudently D:a1e in sound railway ae*
Collections promptly attended to.
Correspondents carefully represented at Auctions
and Private Sales. Bond .of good but not wellknown railroads always wanted for investments at
ttie best rales. Orders nn riLnrKins not enrertaini d.

Baltiinoro Bankers,

New York
J,

Kni;laiitl

Bankers.

Tower, Giddings
i;

No.

10.;

A N K E K

8

&

BOSTOX.

Parker

&

60

Albebtl

New York and

Stackpole,

DEVONSHIRE STREET,
BOSTON.

Co

BANKERS AND BROKERS,

HUKBUHS, fres

First

A. K.

t.

Walkib,

Caataier

National Bank,

VriLiniNGTON, N.
Collections

„
New
Mew

made on

all

€.

ports ot the United States

Wm.C. Coubtket, Pres. EBSfBST II. PBiKeLB.Caah

W.

BALTIMORE,

INDICATORS AND TELEPHONE; IN OFFICE.

Wilson, Colston

&

CO.,

dc

Buy and sell QoTernment, State, Municipal and
Railroad Bonds and Stocks, he. Vlrittnla StateTaxRecelvable Coupons bought and sold. All orders
promptly attended to.
_ ^

New York

CorrespifBdent.

YERMILYB i, CO.

MERCHANTS' NATIONAL BANK,
RICHaiOND, VIRGINIA.
made on all Southern polnta on best
prompt returns.
_ _

Collections

terms

;

John

F.

JOHN

P.

BRANCH,

President.

OLiNN.Cash. fbkd. B. scoTT.Vlce-Pres't.

BRANCH &

CO.,
TnOiHAS
BVNKRBS AND COMMISSION MERCHANTS,
VIKGIMA,
RlCiniOND,
Information on all claases of Southern Secnrltlea.
Corespecially State Bonds, Tax Coupons, Ac.

respondence solicited.

'Wc§lcrn Bankers.

&

Co.,
Tarvis, Conklin
KANSAS CITY, RIISSOVRI.
FIRST MORTOAGH LOANS upon ImproTrd
farms In the best portions of Kansas and Missouri,
worth from three to six limes the anioun' loaned.
Interopt 7 and 8 per cent semi-annual, and always
collected and remitted to Investor free of charge,
over a million dollars loaned and not a dollar lost.
Savings banks, colleges, estates and private individuals who want SaT'K and PROFITABLE Inveatments, write for circular and full information.

John V. Hogan
113 No Third

&

Co.,

Street, Sc. Louis, AIo.,

DEALKR3 IV
Bonds or Stocks.
Defaulted bonda a specialtr. Choice tnTestment
securities alwara for sale. Write to us before you
buy or sell any Illinois, Missouri or Kansas bonds.

Sam'l A. Gaylord,
ST.

Co.,
DEALER

BANKERS AND BROKERS,

B.vi.TmonE.
INVBSTMENT

MAURY

R. H.

Western and Southwestern Municipal and Railroad

Corner Uerinnn Jk !^aiith Sts.,
S.
niD.
P. O. Box 227.
Special attention plven to the n''«otlati'»n of For
elgn Bills of Kxchunge, Collateral Loans and Commercial ruper.

BANKERS,
:No.

C. A.

Members Baltimore Stock KxchanKe.

MiddendoTf,Oliver&

nEVONSHIRE STREET,

Orders for Stocks cxectitod in Boston,
other markets.

W. MinnEXDORP. W. B OUVKU,

Co.,

,

:

Shoxuakeh.

and Alliance Kank. Londop.

New

.

Correspondent*.— National Bank of State of
Terk, New fork l^oulslana National Bank,
Orleans; Bank of Liverpool, Liverpool.

STOCK BR0KER9,
RICHMOND, VIRGINIA,

curtties.

toronto

paTment

Co.,

BANKERS AND STOCK BROKERS,
PHITADELPUIA.
134 Bontb Third St.,

r

Gzowski & Buchan,

ALABAMA.

IHOBILE,

Special attention paid to collections, w<tb prompt
remittances at current rates of ezchanse on day ox

KAiiONAi. Banking Associatiox,
CHARLESTON, 8. C.

IN CAR TRUSTS AND OTHER
VESTMENT SECURITIES.

DEALERS

8an Francisco and Chlcag -.
Bills collected and other banking business transD. A. Mc TAVniSU. \ i„.nts
acted.

W. LAW80N,

Co.,

BANKERS,

BANK OF CHARLESTON,

Thomas & Shoemaker,

Sterling Exchange and Cable Transdrafts on Scotland and Ireland,
also on Canada, British Columbia, Portland, Oregon,

Buy and

Co.,

No. 33 South Third Street, Philadelphia.

Geo.

0»

No. 63

lOlA.

Stocks and Bonds bought and sold on Commission

Bank
British

and

&

Thos. P. Miller

SPICIAL ATTBHTtOS OIVKH TO COU.ICTIOK8.

I

any part <jf C-anada.
Approved Canadian business paper, payable In
gold or currency, discounted at the Head olfice on
reasonable terms, and proceeds remitted to any
p art of the United Stiites by draft oo New York.

Soutlicrn Bunkers.
THOa.P.MIU.EB, B. D.irlLt.IAH8, JNO.W.MIIJJB
CHAS. B. MILLIH.

E. E.

check.

&

BALTIMORE.
TRANSACT A QENEnAL DOMESTIC AND FOB
RIGN BANKING BUSINESS.

Ptalladelpbia Bankeri.

St. Catharines,

BOSANQUET. SALT & Co., Bank op Montheal,
73 Lombard Street.
S» Wall Street.

to

investments bought

BANKERS.

OFFICE, TORONTO.
BRASCHES:

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

iither

Correspondence invited.
Orders executed ai Boston and Ifew York Slotk
Exchanges, of which we are members.

HOWLAND. Pres't

HEAD

on acposits subject

Ponds and

No. 9 Blrchln Lane.

Imperial Bank of Canada

fers.

Co.,

sell Sterling

:

H. 8.

&

Boston.

Buy and sell aovcrnmont. State. Municipal and
Railroad Bunds and Stocks. Investments for Savings Banks a specialty. Correspondence solicited.

Walter Watson,* Agents
.„„,,

Sons,
BANKERS,
80CTII STREET,

No. r

New York and

&

Robert Garrett

I.

jniDDLETOWN, CONN.,

OVFICE,

WALL MTREET.

61

dc

Jlarager.

R.

Dealers In Commercial Paper, Government and
other first-class Bonda and Securities and Foreign

Exchange.
Private Telegraph Wire to

C. E. Jackson

8MITHERS, ProBldcnt.

C. F.

Deposit! reeelTcd subject to check at sight.
Collections on all polnti In U. S. and Canada.

WEYBOS8ET STREET,
PROVIDEXtE,

$13,000,000, Oold.
5,500,000, Gold.

-

Jk.

BANKERS AND BROKERS,

HanuKer.

Bank of Montreal.
CAPITAL,

chari/i8 h. shxi.non, jb.,

Bknjamin A.Jackson, Wiliiam Binnkv,

Wilbour, Jackson & Co.,

Aients
HAKKIS, JH.,}**®""'

Attphia Cerrefptmd^nfJ.

Transact • Qeoeral Banking Buslneea.
Buy and sell on Commission In this and other oltiM
all descrlptloni of Stocks, Bonds and Securities.

STOCK BXCIIANOES.

description of foreinn biinkinu business undertaken.

JOHN

ConnMfed ^v Special TTIrt icUk Ktvi Fork and PkOo-

MBMBBRS OF THE NEW YORR AND BOSTON

The New York Aireroy buys and sells Sterling ExchaniEe, <'Hble Transfers, Issues Credits available In
all parts of the world, iniikes collections In Canada
ana elsewhere, and Issuoa Drafts payable at any of
theottlces of the bank in <:unadH. Demand Drafts
issued payable in Scotland and Ireland, and every

New York

Baltimore Banker*.

&

Brewster, Basset

OF CANADA.
Capital,

Ui

Defaulted County, Tpwnshlp and City Bonds ot

and VIRGINIA SECURITIES a

specialty.

Correspondence soUdteJ and Information fur.
nlahed.
N. Y. CoBBUPOKDKNTS— McKlm Brothers

IN

I.OVIS,

WESTERN SECURITIES

k Co.

Misaourl. Kansas

vid

Illlnoia

Investment Securities for
solicited.

bought at best rates
Correapondenco

».ale.

THE (milONK^LE

It

Uiu. A. LcnrB

A. L. ScaMiDi, Cuhler

rres't.

T. Bates & Co.,
J ames (ESTABLISUED
Lloyd & McKean,
BANKERS AND BROKERS,
No. 34 "VrXXilj STREET, NEIT TOBK.
mUs BnUdlns, New York.
W. C. MCKBAN,
Member Of N.Y. Stock Ezch'se.

JOSKPH P. LLOTD.
-

First National Bank,

1868,)

DEI 08 [TORY,

U. 8.

LOUISVILLE, KBNTUCKY,
Proceeds

Special atwntlon glTgn to oollecllons.

BsBlu and Bankers

Aocounte of

rates.

promptlr reissued at best
solicited.

BUT AND SELli-ON COMMISSION
GoTernment, Rallwray and mseellaneons Securities.

New

No. 17

FIKST MOKTGAOK LOANS UPON IMPKOVKD
paid on day or ma-

FAKMS.

luterest and principal
turltr in .New Vork. Fand.s promptly placed. Ijirge
No l0880«. Senil for circular, references
forma. K. M. PKKKINS, President; J. T.
^Icc-Prest.: h. H. PEKKI.NS, Secretary;
Auditor.
N. F.
. W. GllAJSl'T, Treaa.
.

UABT

130 La 8alle

Street,

NEW YORK.

OfflwstolnTOTtorsthe boet securities In the market.

Members of the New York Stock Exchange.
Checks and Cable Transfers on JAMBS T. BATES
CO., Geneva, Switzerland.

No. 45

[Established 1854.)

Street,

W»U Street.

Transact a general banking and brokerage business In Railway Shares and Bonds and Government
securities.

CHICAGO.

Interest allowed on deposits.
Investments caref ullr attended

Stocks and bonds bought and sold for oa«h or
on marKln.

to.

Lummis & Day,

Interest allowed on deposits, subject to check at

Nos. 34 and 38

sight.

&

Gwynne & Day,

Field,

BANKERS AND BROKERS.

Co.,

LAWRENCE, KANSAS,

&

Day

Colbron,

THE WESTERN

Farm Mortgage

Financial.

Financial.

Wcilcrii Duiihcia.

XXXV.

tVoL.

DRHXEL BUILDING,
BBOAD STREllTS,

WALL.

Cor.

and

&

Co.,
P. F. Keleher
SOS OLIVE STREET, ST. LOUIS, Mo.
Ftnrt,*l«sa Western Investment Securities for sale.
Louis tity and States of Missouri, Kansas 'lexas,
Arkansas and Oiloniilu Ilonds a specialty. f"ull Infonnatlon given In reference to same on application.
Conpons and Dividends collected.

John

axoBOE Stakk.

W.

Wm. W. Thornton, Cast.
^k SO.\,

TIIORXTOX

F.

(Established

BANKERS

SECURITIES.
Have constantly on hand and

BROKERS,

for sale

Collections

Mid

made In Shelby and

Proceeds remitted on liay of

REKEHK.NCKS— National

Circulars with full particulars mailed

on

application.

Commerce.New

INVESTMENT SECURITIES.
Clt7, Railroad, Gas, Electric Light

C^ Co.
BANKERS.

Bhkkuan S. JKW«TT,Pree. JOSIAH JEWITT,V-Prcs
WiixiAU C. CoRNWiLL, Cashier.

Buffalo,

CAPITAL

S300.000.

CuHHBSPONUKNTS.— New York, National 8boe &
liOatber Bank; I.ondon, Union Bank of London.

Sistare's

NASSAU

ST.,

VOBSTCB
Member

No. 18 VYALL. STREET,
New York.
Transact a General Bankins Business, Including
purchase and sale of STOCKS and BONDS for
c sh or on raaryin.
Buy and Sell Investment Securities.
t le

N. Y.

This bank has luperlor facilities for maklnR collectloDB on all accessible points in the United
States. Canada and Kuiupe. Liberal terms extt^nded
to accounts of bunkers and merchants.

17

-

A. M. ClDDKO.

O.

BOX

2.B47

WAVL/Kn TiiSK. H
vv

1

.

J.

MOIOE.

Buy and
fflja.

Stock

Krapb.

BA N K ER8
38 Broadway,
Branch Office,

ST.,

Box

& Co

C. W. McLeLLAK, Jb.
F. G. Saltonsiai.i..

BooDY,

Reuben Lkland.
,

NEW YORK,

orde!rs in all securities listed ut the

New

York Stock Exchange. Fur Sale.
FlUST-Ct.AS8 KalLKOAl) "Isr MOKTOAOK BoNDS.

WOOD.

0.

U. HUESTIS. L. M. 8W Aj,

R. A. Lancaster

&

Co.,

BANKERS AND BROKERS,

«6

BROADWAY, NEW VORK,

DEALERS IN
FJr«t-Cla«» luvestment Securltlea.
eOVKKKMENT BONDS, STATE. CITY, COUNTY
BAXLKOAU ft MIBCKLLANEOU8 SEctlllmKS

aOVlaSBS SKCURITIBS ASPEQ1AL2T
LOANS NKGOTIATED.
INTKRKST ALI,0WED ON DiPOSITS.

and

BONDS

At Auction.
The Undersigned hold

BALES

STOCKS

25 f iNe

-

r^euu^ORK?
Commission GOVERNMENT

§T.

Purchase and sell on
and RAILROAD BONDS and STOCKS, and
classes of Securities dealt In at the

STOCK EXCBANGB,

or

all

REGULAR AUCTION

all

NEW YORK

bought and sold In the OPEN MARKET. LOANS
and COM.MKRCIAL PAPER negotiated. Interest
paid on DEPOSITS, subject to check.

W4LL

Railroad

Mo, 7

U. HIJEEER & SON,
NEW YOBK,

PIKE STREET,

NEW

STREET,

DEALER

I

m
,:

IN

Y<!i:ii.

ALL KINDS OF

and luvestment Securities.

SonTHERN SECURITIES A SPECIALTY.

Henry

Bros.

&

Warlield,

Douglas Hbnrt.
Cearlbs Skton Hknbt.
Member N.Y. Stock Ex. Member N.Y. Mm. Stosk KxDANIEL WAKrULD.

Oilman, Son
«3

&

Co.,

BANKERS,
CEDAR STRJBET.

In addition to a General Banking BuBinesfl,bu7

and

sell

Qorernment Bonds and Investmeut SecurU

&

Olliffe
Schmidt,
BROADWAY
&
No. 13 NEW 8T.,
DTall Street, Corner Broadway.
COMMEBVIAL PAPER. BROKERS FOR THE PURCHASE AND
STOCKS, BONDS
SALE OF RAILROAD SECURITIES.
Stocks and bonds bought and sold on commission at
BANKERS,

VNITED BANK BUILDING,

No. 72

<t

New York

Stock Exchange. Advances
ness paper and other securities.

Wu.

Wh. D. Hatch,
Member N.

Y. Stock

1

made on busi-

CORNELIUS W. OLLIFFE,

EDMUND
B.

Kknoall.

P.

Member of N. T. Stock Exchange.
SCHMIDT.
Member of N. Y. Stock Exchange

cch.

lOHN PONDIB. EDUARU MKBTBNsTACoTWAraA?.

Pondir

ON

ADRIAN

Bacon,

t ies.

BONDS

WKDNE8DAYS AND SATURDAYS.
»__

Bacon.

Simon Borg,

reputable Securities

Of all classes of

AlVB

&

l. r.

STOCKS AND BONUS, UNLISTED SBCURITIES AND MINING STOCKS,
52 BROADWAY.

Bought and Bold on CommlBalou

STOCKS

H. b. Bacon,

BROKEIIS IN

6UCCK8S0US TO
&. U.WIK.

C.

sell on commission, for Investment or oa
securities dealt In at the New York Stock

Clabk.

s.

S

No.

447.

WOOD
OKOROB

ALEX.

Y

1'.28

BANKERS ANU UROKERS,
Bzecute

all

Bxcnange.

,

Exchange Place, N.

cor.

La Salle St., Chicago.
TRANSACT A GENERAL BANKING BUSINESS.
INCLUDING THK HUKCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MAHOIN. BUY AND SELL INVKSTMENT SECURlINTEREST ALLOWED ON DEPOSITS
TIKS.
SUBJECT T<i CUECK AT SIGHT.
D. A.

PINE

margin,

on biilAnces.

P. O.

31

EXCHANGE COURT, NEW TOBK.
Buy and

^ew York Stock and the New Vork MiniExclKiDKes. Deposits received and interest ullow

Interest allowed on daily balances.
All deposits subject to check at sight.
Particnlar attention to orders by mail or tele-

Huestis

2

At the

Rxcbange.

Wood,

Tinker,

3 Pine Street, Nevr Vork.
Buy aDd sell on commiRslon all Securities dealt

UKYESTIUENTS.
New York

nSKtOL.

STOCK BROKERS.

Clark

NEW YORK,

dealt in at the

&

C.

BANKERS AND BROKERS,

Sons,

on Commission, for oash or on mar>

Sell

all aecnritiee

HlNBT

D. BABKBR,
N. Y. Stock Exch.

Barker

Hill.

DKALERS IN

FIRST-CLASS

and Mlscellaneoua

Stocks and Bonds.

Financial.

Geo. K.

Co

61 Excliange Place.

Payment.

(sankof

BUFFALO,

Schuyler N. Warren &

adjoining Counties

York. Union National Bank, Cincinnati. Third
National Bank, St. Louis. Traders' Bank, Chicago.
Indiana Banking Company, Indianapolis.

Bank of

Special attention to business of coantrv banks.

8 per cent Interest.
MUNICIPAL BONDS.

Bearing 7 to

8HELBYVIL.LE, ILLINOIS.
•

Co.,.

BANKERS AND BROKERS,
T Wall St., Cor. New, New Vork.
INVESTMENT SECURITIES.

WESTERN CITY AND FARM MORTGAGES,
WESTEIlN

&

A. H. Brown

No. 33 Nassau Street, Neir ITork,
TRANSACT A GENERAL BANKING BUSINESS
AND BUY AND SELL INVESTMENT

18S9,)

AIND

WlIXLiM LOIIMIS,
HXNBY DAT
Members of New York Stock Exchange

Co.,

BANKERS,

St.

Taos. M. Thornton.

&

George Stark

BANKERS AND STOCK BROKERS.

Stabs.

F.

No. 31 WAIil.

STREET,

BANKERS AND BROKERS,
B«fei to

mmui. riBK A HAica.

&

Co.,

Bonds & Inrestment Secnritieg,
20 EXCHANGE PLACE, NEW YORK.

stocks,

Orders executed onCthe London and Bonweao
Uarkets.
ft- __

Hi

juLi

THE (.^HRONICLK

29, i8ea.j

Financial.

Financial.

American
FINANCE
3
31

&r

NASSAU

NEW

NEW YORK,

Bought and Sold on Commission.

Membkuh

Oil PROCURED for
lUilroad Corapiinlos havlnu lines under construction, and their Bonds purchased or noKOtlated.

Counties. Towns and Cities, and tor Railroad
panics and other Corporations.

Railroad Stocks and
AND ALL EIKDS OF

Str*et

WILL BUY AND SKLL INVBSTMKNT SECURor

DEALT

Bonds,

Investors.
BROOKLYN AND NE'W

Company

& GUaton sts., BrooUrn, N.

NEW

BROOKLYN.

BONDS,

GAS STOCKS.
RAILROAD

St.,

YORK.

8T0CKB.

We ofiFer for sale a

large line of

desirable terms to buyers

N. Bkush, Comptroller.

98

TORK.

and

&

Co.,

HK«>ADWAV

NEW

N. T.

NBW

IN

Stock and Bonds bought and sold

TOBEY

YORK.

WI1«TRE*GHAM.
GAS, INSURANCE, BANK STOCKS,&C.
J. P.

No. 178

8KCUKITIE8 BOUGHT AT THK AUCTION SALES.
36 PINE STREET, N. Y.
See advertisement In the Journal of Commerce.

BROADWAT.

J.

UARBV

Directors.— Joseph W. Drexel, A. L,
Hopkins, H. Victor Newcomb, John Paton, Daniel
Torrance, Kdw. F. Winslow, Erastus Wiman.

W.

TransaotB no other business.;

Francis Smith

No

& Co.,

Fred H. Smith,
BANKER AND BROKER,

10 PEE CENT NET,
AlaoUeneral Invest meut Brokers and Attorners,

Hatch
BANKERS,

TO

&

No. 13

No, 20

Foote,
WALL STHEBT,

BUT Ajm

SXLI,

OOTBBNMKNT BONDS. STOCKS AND
.LANKOCS SBCDBlTlfHa,

1U8C1IL

180 Fifth Avenue),

and New Havgn.

NET.

8

Office,

Private Telegraph Wires to Philadelphia, Wilmington, Baltimore, Washington, Boston. Bridgeport

HORTOAGE
LOANS.
NORTHERN
TO
PEE CENT
6

Prince & Whitely,
64 BROADWAY, NEW^ YORK,

All classes of Railway and Mining Stocks booght
and sold on Commission.

SELECTED
8

C.

R.

(Branch

Indianapolis, Ind.; montgom.rr, Ala.

BOUIHERN

WHITILT, U. CBUaXK OAKLXT
LOOAN, MAYNAKD C. KVBI.
Travsbs, Special Partner.

D. PBINCI, JAS.

NEW York

BROAD STREET, JIEW YORK.

RAILROAD SBCVRITIBS
(Aa Intimate knowledge of
'

all

and

Railroad

Central

Bonds.

€o.

Edwaki) Rawu^'ob.
OFFICE:

Galt.

NEW YORK

All securltieb dealt In at the N. Y. Stock Exchange
coniwi»>8i(in and carried on a fair
interest allowed on credit balances.

margin,

4

1800.000
360,000

YORK,
Y.,

Banking Co.

Beers, Jr.,

NEW STREET,

1

-OFFICBS—
80 BROADWAY, NEW
HALL BUIIBI.va, TROr, N.

Id this papi r.

itrouklyii Sccaritioi, City

No.

Boardman,

Lansdale

bought and sold on

VOI'.K.

See qnotattons of City Railroads

Deposit with Insurance Department
200,000
President:
Manajdnsr Director:
T.

Stocks

A SPECIALTi:.

Connected by Private Wire.

CITY KAILKOAl) STOCKS St BOND^
BOUGHT AND SOLD.

OF NORTH AMERICA.

8nL Aucx.

Insurance

No.

POSITIONS OF TRUST.

Cash Assets over

PINK STREET.

8TOCK BROKER.

L. Grant,

No. 14S

of Siii*etysliip

OMh Capital

Bailey,

S.
7

inyestors.

(;aN stocks, &c..

The Oaiarantee

STOCKS.

vnit
c AT vj Brush (Parent Company^. Asaerlcaa
roK BALK
United Stales. Kasiern.
WANTBD.-Brush (N. Y. Co.) Fuller.

BROADWAr. NEW YORK.

Richards.

FOR OFl'lCERS ANT> KMPL0YKB8

8TREKT,

NEW YORK.
ELECTRIC LICIIT

E.

Bonds on most

Beasley

H.

$380,003 00
Capital Invested in U. S. Bonds
250.000 00
On depos't with Insurance Department,. 100.000 00
OfflclHls of B:tnk4. ttaiiroads and TriLnsnortatton
Companies, Managers. .Secretaries and Clerks of
Publio Cum pan lea, Institutidns and Commercial
Arms, can obtain security from this Company at
moderato charKes.
The botfc is uf this Company are accepted by the
courts of Llie Stut! of New York.
Full information as to details, rates, Ac, can be
obtained on appUcation to head office, 170 Broadway, N. Y,
Wm. M. RicnARDS. Prest, Jouw M. Crans, Sec'y.
W. Hakvey Lke, Inspector.
DiBBCTORa—Ueur»fe T, Hope.U, O. Williams, Geo.
8. Coe, Charles Dennis, J. S. T. Stranahan, A, B.
Hull, A. S. Barnes, S, B. Chictenden, H, A. Hurlbut.
W. G. Low, David Dows. J, D. Vermllye, Alex.

Bonds

W.

A.

Assetfl

Wm. M.

WALL

No. 36

Casta paid at once (or the above Securities ; or
they win be sold on commission, at seller's option

Sondlts ofSu-fetyship.
FIDELITY at CASUALTY CO.

MltcbeU,

OBO. U. nOLT.

Dealings In

Six Per Cent

Railroad

:

Wm. B. Kendall, Henry Sanjier, Alei. McCue,
P. Rolfe,
Chas. R. Marvin, A. A. Low.
E. V. Knowlton, Abm. B.Baylis, Henry K.Sheldon,
H. i£. Pierrepont, Dan'K'huuncey. John T.Martin.
Alex. M. White, Josiah O. Low, Kdmund W.Corllea
Frederic Crcimwell.
WM. H. BiTNKKR. Secretary.

NEW

Bonds.

Geo. H. Whipple,

CHOICB

John

OF

GOVBRNMKNT, MUNICIPAL and

sell

TAINTOR.

Bonds.

Railroad

and tninsfcr books, or make purchase and
•ale of Government and other securities.
Kellgious and charitable institutions, and persons
anaocustomed to the transaction of business, will
ttnd this Company a safe and convenient depository
for money.
CHA8. U. MAKVIN. Vice-Pree't.

Teai.>4try

Hekrt

allowed oo

J

tnlDLstrator.
it can act as asent In the sale or management ot
feal estate, collect Interest or dividends, receive

TRUST EB8

31 Pine

16 Court St,

Y.

authorized by special charter to
act as receiver, trustee, Kuardian executor, or a<3l8

YORK

SECURITIES.
B. BEERS, CITY

1NTERB8T

received and

Private telegraph wires to Providence and Boston
K.

To

FRABfK

DEPOSITS
balances.

RAILROAB

8EB GAS QUOTATIONS IN THIS PAPER.

The Brooklyn Trust Co.

WALL STaKET. NKW YOKK.
TRANSACT a OENEIKAL RANKING business.

Mo. 10

Buy and

IN.

plication.

JOHN C. SHORT, President.
JOHN C, NEW. Vice-President.
Wn. P. fVATSON, Sec'r and Treas.

Holt,

BANKKR8.

BROOKLYN SECURITIES

conTert them Into Interest-paylnK Investments.
Circulars and other information furnished on ap-

&

Taintor

AND

ITIES on Commission.

Cor.oX Hontafine

dc Cable Stock.
Guaranteed IW nor ront quarterly for ISO years, by
Wontom Union Tul<'gmi>h Cu.
Thi'se stocks are in tlit> nature of a mortgage bond,
being first Hens up^in the earnings of the guarantors.

OAS SECURITIES,

of Railroad Compan'os and other
Corporations whose property Is In the bands of
RecelTcrs or Trustees.

years bf

Amortoan TeleKraph

NEW VORK.
OAS STOCKS

Com

OANIZATION

Thla

torW

Western Union Telotfraph Co.

Staples,

Nbw youK Stock ExcnANoK.

(IV

for

WILL BUY OR SKLL DKFAULTKD BONDS

Orean Tnl. Stock.
Gold and Stock Tel<>t;ra|>li Stock.

Interiiallonal

W^ALL STREET,

No. 11

CONDUCT TUB KINANCIAI, RK-OR-

WII/L

RR.

Guariintoed Ikiper ront qtibrtvrly

&

Prentiss

Inyestorii.

conducted

orrKits rou hale
tc S. V.
Stock.
Guaranteed 8 per cent semlwuinually In perpetuttr
by Del. Lack. * Western RK.C^.

Vtlca Chenango

investmknt securities a spbcialtr.

CAPITAL FUUNISHEU

FINANCIAl. NKGOTIATIONS

YORK.

Government Securities, Stocks & Bondi

Capital StocK, "T~. . $1,000,000
SODND INVBSTMKNT SECUKITIKS fornlslied
and Private

C. Noyes,
NASSAU STREET,

No. 21

PINE STREET,

No. 38

S. THIUD ST., PHILAUEI^PUIA,
rOllTLANO BLOCK, CHICAGO.

to Corponito

Wm.

Stewart Brown's Sons,

COxMP'Y,

ST.,

Ftnanoial.

for the past 10 Years)

A SPECIALTY.

Investors or Dealers wishing to bay or sell are
State, Municipal and
Invited to communioate.
Hallway Konda aq4 OouyoaS bought and sold at
Market Rates,

^t

li

\>j

KIRK,

&.

BROAD STREET.

O

Bond*,
Bonds,
Bonds,
Bonds,
Bonds,
Bonds,
Bonds,
Bonds,
Bonds,
Bonds,
Bonds,
Bonds,

D. A.

IS

T>

S

.

Government,
InveBtment,
nisoellaneooa.
Car Trust,
Municipal,
Defaulting,
Railroad,
I7nliMted,

Listed,

County,

Town,
Oblo.

li:A.STO]V,

with Boody, McLellan A Co., Bankers and Member*
New York Stock Exchange, 58 Broadway.

West.Stat^
Clonnty, City Jt Town Bonds st Grant
Bonds.
^Wiscon in Central Ittt. OiU baud
St. Joseph & Western UK. Stock,
rt. Joseph * PaclMc KK. Honds.
City or St. Joseph vlo.. Old Bonds.
International Improvement Co. Subsonptloni.
Brooklyn ICievateo KK. ^«ouritlea.
Ameruan Cable Co. Subsi;ri./tlu.s.
Midland Bailroau of N.J. Securities

Chicago & Grand Trunk KK. decuriclas.
South Carolina UK seuurilies.
Grand Rapids* Indiana KH. stock.
ClnoUmtUl BiOhn-ond .X Kort Wayne StWlk.
Bouffhl by W-U, K* VTrUm\9

"'iTo.Sl

htm

STIMtKT.

NUW

tOBK'

,

:

:

THE CHRONICLE.
Minneapolis

&

Louis

St.

OFFICE OF

RAILWAY

Tblrty-rear 7 Per Cent Gold Bomda

ON THE SOUTHWESTERN

DIVISION.

AIM 6 PER CENT GOLD FORTY- YKAK FIRST
tlORTUAUE BONDS ON THE PACIFIC DIVISION.
^^^ g^j^^ g^

MORTON, BLISS &

CO.,

NASSAU 8TRKET.

its

&

Gargiulo

New York,

Notice Is hereby given that the Board of Directors,
having resolved to dispose of the West Shore Railway Company's bonds owned by this company, offer
the right to subscribe for the same on special terms
to the stockholders of this company.
Printed circulars giving full information and subscription blanks may be obtained on and after July

Co.

CENT TO THE INVESTOR.

Futtcnlars at their ofBcc,

BROADWAY.

Stockholders of record at the date of the closing of
the books as above, or those holding assignments of
the rights to subscribe pertaining to the stock, may
subscribe under said circular from Aug, 7th to 14th,
1882, inclusive.

By order of the

Ho. 7

STREET,

JOHN

BONDS, LANDS, &e.

DMlrable Texu Securities for Inveitment coataDtlr oD band
TEXAS & St. Lodis Co.nstruction fund,
MissoLiu AND Arkansas Companies,
St. Louis, July 25, 1882.

INSTAI.MENT, No.

OF

7,

COMPANY

"POCHESTEB & PITTSBCRG

RAII.RO AD CO.— Couponsiol the First Mortgage Bonds

of this company maturing August 1, 1882, will be paid
on and after that date at the Union Trust Company

York.

FRED. A. BROWN,

FFICK OF

Long

Treasurer.

PIIL,1.MAN'S PAL,ACE

CAR COMPANY, CuiCAdO, July 22, 1882.
SIXTIETH QUAKTBRLY DIVIDEND.
The usual quarterly dividend of TWO (2) PER
CENT on the capital stotik of this company has been
The Farmers' Loan & Trust Company, New York.
England Trust Company, Boston.
Company's Office, Chicago.
will ckise Aug. 1 and reopen Aug.
.

WE1N8HE1MKR,

Railroad

FIRST MORTGAGE
5 PER CT. BONDS.

INTHKEST QUARTERLY.
A

limited

amount

CORBIN BANKING CO.,
JAMES G. KING'S SONS,
KIAXTTELL ic GRAVES.

July

ANTONIO RAILROAD CO. Coupons due the
16tb proximo will be paid on and after that date at
the office of Messrs. DREXEL,
& CO.,
comer Wall and Broad Streets, New York.
CHAS. BABBIDGB, Treasurer.

MORGAN

SHORE dc mcHIGAN
THE LAKE
SOUTHERN RAILWAY CO.
TaEASURKR'a Office, Grand Central Depot
New York, June 27, 1882.
i
The Board of Directors of this Company have this
)

day dechired a QUAHTEUI.Y DIVIDEND of TWO
PER CENT upon its capital stock, pavable on Tuesday, the lirst day of August next, at this office.

The

•

on

tr.uisfer

hooks

will

be closed at 3 o'clock

MONDAY, the THIRD DAY

of

JULY

P

next,

M

and

be reopened on the morning of Friday, the fourth
day of August next.
E. D. WORCESTER. Treasurer.
will

NOTICE.-THE
FIRST NATIONAL
BANK OF TERHE HAUIE, located

at Terro
Haute, in the State of Indiana, is closing up its
AM note holders and other creditors of said
association are therefore hereby notified to present
the notes and other chilius against the association for
payment.
U. S. DEMING,
^.^mer.
«, Cujhler.

A

Coupons Collected.
reduced rate of Interest, will be collected, at a charge
of one-fourth per cent and exchange, by

STATE NATIONAL BANK OF
ROACH,

T. R.

N. 0.

Cashier.

1929.

PRICE PAR AND INTEREST.

KHHN, LOEB &
No. 31

CO.,
NASSAU STREET.

THE
Leadville Gaslight

Co.,

TABOR,

President,

HAS ISSUED

43

be as perfect a security as can be obtained.
The issue of bonds is limited by law to an amount
not exceeding Ave to one on the paid-up capital. The
security of each bond is not confined to a single mortgage, but extends over all the mortgages owned by
the Company.
The cvpenence of the past seven years has fully
demonstrated the high clvlracter of the mortgages la
which the Company Invests. '£his Company receives
no deposits, gimrantees no other securities, and has
no other debts than its bonds.

CHARLES L. FLINT, President.
BREWSTER, Treasurer.

NEW
I

VICE-PRESIDENTS
TnOS. WIOGLE.SWOBTH,
EusuA Atkins.

8

D.

Fabnbworth,
Gilma.v s. Moulton,
Charles l. Flint.

NEW YORK LACKAWANNA & WESTERN RAILWAY COMPANY
FIRST MORTGAGE SIX PER CENT
BONDS OP 1921.
Interest payable semi-annually upon the first
days of JANUARV and JULY.
This road forms with the Delaware Lackawanna
&, Western Railroad a direct through line from

NEW YORK TO RCFFALO.
The Mortgage Is a first lien upon the equipment
as well as upon the Road.

MOSES TAYLOR
52

R.

J.

PER CENT

Cedar

St.

Albert E. Hachfield,
17

&. CO.,

WALL STREET

Kimball

&

Co.,

BANKERS AND BROKERS
No. 40

BROADWAY. NEW

YOR.K.

New York

Stock

R. J. Kimball, A. B. IjOunsbkkv, F.E.Ballard
Members N. Y. Stuck Exchange.

BANKERS,
130 Broadway (Equitable BuUdlng;/,

NEW YORK*

Descriptive pamphlets furnished on application.

A. >VIL,KIK$, 74

GEO. C. RiCnAROSOH,
John Wubstkr,
Frotuinoham.

Kountze Brothers,

YORK,

OFFER

AT A PRICE TO MAKE THEJI AN
PAR INVESTMENT.

T.

Kjcchan^e.

Fund Bonds,

First Mortgage Sinking'

WHICH

be sent on

nULK STREET, BOSTON.

Thirteen Years' Membership Id

^100,000
IN

will

FOR SALE BY

For sale by

PAYABLE

pamphlet with full information
Company's Office.

application to the

I.

Coupons of July 1st, 1880, to January Ist, 1882,
inclusive, on Louisiana 7 per cent Consols at the

Got. H. a. W.

18, 1882.

Interest Coupons payable January 1 and July 1.
Bonds registered to order or payable to bearer at

DIRECTORS
Hknby Saltonstall, Austin Corbin,
Edward E. Pratt.
J. Baxter Upham,

York.

QALVESTON HARRISBVRG & SAN

its

option.

Auos

by

for sale

DUB

TH£

Quaranteed, Principal and Interest, by

CAPITAL, STOCK OF $1,000,000

3. F. F.

Five Per Cent Sinking

16.

First Mortgage Bonds and interest on the Guaranteed Preferred Stock of the Louisiana & Missouri
River Railroad Company, and Interest on the Preferred Stock of the Kansas City St. Louis & Chicago
Railroad Company, maturing August 1, 1882, will be
paid on and after that date at the office of Messrs.
JB8UP, PATON & CO., No. 5'^ William Street, New

New York,

PER CENT TWENTY-YEAR BONDS.

$1,000 Each, Due July 1, IdOX.
SECURED BY
First Mortgages on Improved Farms,

P.\.YABLE 1931,

Secretary.

'^OTICE.—THF COUPONS OF

Secretary.

CHICAGO & NORTHWESTERN
Fund Bonds,

New

A. S

5

CONSOLIDATED

declared payable Aug. 15 to stockholders of record
Aug. 1, at the following offices

Transier books

NISBET.

Island

10

PER CENT is hereby called from the subscribers
to the above fund, payable to the CKNTltAL TRUST
of New York, on August H, 1882. CertlUoatea are to bo presented for Indorsement and the
bonds appertaining to this instalment will be delivered by the Trust Company im soon as countersigned.
I. W. PARAMORB, Trustee.

©f New

L.

A PRIME HOME INVESTMENT.

NEW YORK.

TEXAS KAII.1VAYS,

AN

OFFER FOR BALK AT PAR AND ACCRUla*
INTEREST PROM JULY 1,

These bonds are commended to the attention of the
most conservative investors, as they are believed to

Directors.

C. Chew,

England

Mortgage Security Co.,

20, 1882.

upon application at this office.
For the purpose of this subscription, the transfer
books of the company will bo closed on Saturday,
August &, 1882, at 3 P. M., and reopen on the morning of Tuesday, August 15, 1882.

OFFER A LIMITED AMOUNT OF

J.
WALL

July

New

The

29, 1882.

FIRST-CLASS RAILROAD BONDS,
XT A PRICE WHICH WILL INSURE 7 PER
70

CO.,

STREET,

as WAIil.

XXXV.

Financial.

NEW YORK ONTARIO & WESTERN

Railway
FIRST MORTGAGE

No.

[Vol.

Finuncial.

Financial.

;

NASS.1U STREET,

Deals In Inveiitnieut Secnrltlen and
Bondu Generally.

LETTERS OF CREDIT AND
CIRCULAR NOTES
Issued for the use of trarelers in
all parts of the world.
drawn on the Uuiuii Bank of London
Telegiiiphio transfers made to Liondon and to
various places in the United atates.
Deposits received subject tu check at s],(ht, and Interust ulluwed on balances.
Bills

QoTernment and

ot'ier bonds and inveHtment securities bouiibtund Buld on oommisslon.

affairs.

Dated June

29, 1882.

The above Is to conform to the law. The new bank
will continue business under the same name and in
the same place, and under the same management
H.

.^

8.

DEMINO.

Ca.shler.

l^OTICE—
-^Tho FIRST NATIONAL BANK OP TROY,
(No. SOJ, located at Troy, in the State of Ohio, s
closing up Its amars.
All noto-holders and other
creditors of said Association are therefore hereby
notified to present the notes and other claims against
Association
for
payment
the

WANTED:
k

SinnctrTrask.
Geo. F. Fcdbody,

Louts Ists.
Columbus & Toledo Ists.
Joliet & Northern Ists.
Indianapolis

St.

Cincinnati Richmond A Fort Wayne Stock.
Cincinnati Hamilton Jt Dayton Bonds

Car Trust Bonds.
WE MAKE A SPECIALTY OF THESE VERY
SAFE SECURITIES, A.ND bUV AND SELL SAME

AT MARKET PRICK.
WE OFFER A LIMITED AMOUNT OF DESIRABLE CAR TRUST ISSUES, ADDITIONALLY
O T I C E .-THE IIAItnONY NA- SECURED BY THE DIRECT
OBLIGATION OF
TIONAL BANK, located at H,-,nnony, in the
TUEllAILROAD EQUIP.HENT CO.UPANY.
Slate of Pennsylvanln, is closing up its uffiilrs.
IJ.

Dated Jime

10.

1882

W. SMlru,
'

70 Broadway,

notes and other claims a^inst the association for
U. J. ZUTCHELL, Caahler.
payment.

POST, niARTi:^

&,

E4 Prafi SIREET.

CO.,

New York

City.

Transact a general Banking Business
Stocks

Bought and Sold on Margins.
on Deposits.

Interest allowed

'•''""'-^Cashier

All note-holders and others, creaiti-is of said association, are therefore hereby notlUed to present the

Fred. B, Noyes.

Spencer Trask & Co.,
BANKERS AND BROKERS,

BKANCn officks,
Contiecled by Private Wire*,

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

Albany ,N.r.,65
Saratoj^a,

& 67 State St.,W.A.aBATBS

N, Y., Grand Uoiou Bot«l

—

—

;

xmm
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED
[Entered, acoording to act of Congreat, In the year 1882, by

VOL.

Wm.

B,

SATURDAY, JULY

35.

CONTENTS.
Certifleation Again
Differential
Kates and

The Flnaucial

Sitiiatiou

Mr. Qladstone and the

Egypt

War

lllinoia

IIG
117

Monetary

and

English

News

"

(or the war I go agin It
is to say I kinder do.

'Cept that perhaps now we are In it—
It might be well to put It through."

121

News

119

Uz

That

.

Gommerelal

Commeroial and Miscellaneous

in

892.

Hosea Bigelow.

Railroad Commission
120
Revising its Schedule

115
the

Commlssloncra' Report

NO.

1882.

29,

123

One measure

—and we believe only one — directly

ing business interests, has been pressed through

The Commercial and Finakcial Chrosicle U ptMuKed

in
every Saturday/ morning.
New York, N. Y., as second-class mall matter.

New York
{

Entered at the Post

Offloo,

C.J

ing to straddle the Mexican war question as reported by

THE CHKONICLE.
Bank

STATICS.

Daux & Oo., In the office of the librarian of Oongreas, Wacblngton, D.

1

TERMS OF SUBSCRIPTiON-PAYABLE

IN
For One Year (including postage)
ForSixMonths
do
Annual subscription in London (including postage)
Blx mos.
do
do
do

ADVANCEi
ijflO

20.
10.

affectall its

and is now on our statute books. It is a queer
mixture of very good and very bad reminding one that
Congressmen, if we may judge them by their works, are
not so very unlike the little girl in the primer, wko,
stages

;

good, was very, very good, and when she
was bad, she was horrid.
Babacriptions will be continued until ordered stopped by a toritUn
The measure we refer to as having been perfected is
order, or at the publieaiion offlee. The Publishers cannot be responsible
for Remittances unles.s made by Drafts or Post-Oftlce Monev Orders.
We have perhaps discussed this
A neat file cover is furnished at 50 cents postage on the same is 18 the Bank Charter bill.
eenta. Volumes bound for subscribers at $1 00.
But during this week we have
law
sufficiently already.
WILUAU B. DAHA.
WILLIAM B. DANA fc 00., Publishers,
JOHS a. FLOTD. 1
79 & 81 WiUlain Street, NEW YORK.
heard of an interesting incident which illustrates its
Post Office Box 958.
operation.
One of the best national banks in Illinois
CERTIFICATIONS AGAIN.
drew on its correspondents here a check for $38,000.
One of our most trustworthy daily papers headed its
day or two since this check was brought in for certifica" Congress tion.
"Washington telegrams one day this week
The Illinois bank that morning happened to
Q-etting Tired."
Several circumstances seem to confirm be short in its account some two or three thousand
that statement.
In the first place the weather is hot, and dollars, and of course, therefore, the officers of the
hot weather is very apt to make men tired. Then again, institution to whom the check was brought,
although
the public, the party of the first part, has been tired fer running no risk and being entirely willing to do so,
some time, and nothing is more natural than that their could not certify it without making themselves criminals,
6

*2
1

when she was

78.
8s.

;

(

BANK

A

:

—

representatives shoulJ, after a

Furthermore, prostration

is

little,

reflect this weariness.

only another

name

for reac-

tion after the sturdy efforts this session to avoid a record

and yet appear

To

it

In the

hung up all
a year by a

first

busily engaged

working hard

place

in the cool

to

after a violent

breezes of an

do nothing, and thus

Having so

reform, Congress next turned

relieving the public

enue imposts.

struggle

it

regard to customs duties for

commission, which commission

ble purpose of its creation.
tariff

what Congress has
undone with regard to business

point, recall

left

legislation with
tariff

English writer

jerks one terribly to kick at nothing.

illustrate this latter

attempted, done and
interests.

An

to effect something.

has truly said that

is

ocean beach
the ostensi-

adroitly

hamstrung

attention towards

from some of the worst internal

mail

is

liable to arrest

the. next

But consider for a moment the possible results of this
transaction if Mr. Beck and his followers had been
obeyed, and we shall see how this tinkering with business
machinery in a spirit of petty prejudice, by legislators
wholly unfamiliar with commerce, may before we know it
affect all our material interests. Here on the one hand was
the check of as good a bank as exists which happened to
reach the city in advance of its remittances and which its
correspondent here was called upon, if it strictly obeyed

now one

fulfill

its

and imprisonment. Probably the
day brought remittances to several
times the amount of the check; but the law is explicit
and admits of no exception, so the officers to avoid the
penalty had to " resort to the device " of paying the check.
This, as we showed last week, is a violation of the law,
and one of those wicked " evasions" against which Senator Beck has so feelingly and emphatically spoken.
that

rev-

Saveral months have been spent on that

good speeches have been made for circulation on
point and taking every conceivable the law, to throw out and dishonor.
That is the exact
view, and as the people pay the money they can take truth and the whole truth.
This instance, though, covtheir choice.
Having done so much the Senate this ered the case of a bank of the highest credit, and as

subject,

every

week

conceivable

lays the bill aside for further consideration next

the transaction could be quickly explained the effect of

the check of such an institution if it had
been done would be only temporary. Suppose, however,
important subject, the statement would follow somewhat that the bank had been less above suspicion or that the
in form the stump speech by the politician who was try- obligation had been that of an individual, and further
session.

as

In case any one wants to express the beliefs

made up from these speeches

of

either party on this

discrediting

THE CHRONICLE.

116

had occurred at a time of uniimpaired credit and general suspicion instead of
any one who has an appreciation of
general confidence
the transzwtion

that

versally

;

—

the delicacy of commercial relations and the effect of the
least taint on commercial honor, can see that by obeying the

circumstances

an

irreparable

injury

law under such
might have been done not alone to a few persons but to
•the entire community.

Then again
required the

the

act

use of

of the

New York

correspondent

$38,000 in currency to cash the
would have taken the check

•check, whereas certification

through the clearing house the next morning, when probably the whole debtor balance of the city bank would
Nor is this by any
not have equaled this one obligation.
many
There
are
similar, only varycase.
solitary
a
means

I

Vol.

XXXV.

sincerity apparently, maintain that this should be only
one of a number of factors to enter into the problem.
With, then, these large cities as the disputants, with such
great interests involved as the trunk lines represent, and
after years of contest intermitted

by times of peace, it was
hoped that finally a way out of the labyrinth was to be
devised
some plan so wise as to commend itself to the
general public by the three eminent gentlemen who for
several months have sat as a board to pass upon the disputed question. Perhaps this was too much to expect.
At all events, that hope has not been realized, for at beat
the report must be characterized as unsatisfactory and

—

—

inconclusive.

The matter
and

judicial

is

treated with great fairness,

gravity

;

much

ability,

nevertheless the outcome of their

amount, occurring every day, altogether aggregating labors seems insignificantly small when compared to the
So that if this mode of dealing with such time, money and consideration devoted to the question.
•checks offered for certification should become general, They take up and discuss separately the three principles
ing

in

a large sum.

banks would require to carry much larger reserves than
they now do, and in times of stringency the custom would
be especially disturbing. We need not, however, enlarge

which have been urged before them, namely the distance
principle, the cost principle, and the principle of competition.
With much ingenuity the two former are
upon this point, for to any one at all familiar with our demolished, as not only every New Yorker but every
currency condition and with bank operations, the far- unprejudiced and clear-thinking person outside of the
reaching effects of such a change are obvious.
The weakness
cities interested supposed they would be.
Is it any wonder then, that when the business public is of the distance principle is seen when we consider its applitold that "Congress is getting tired," it is received as a cation to the case of roads serving the same city.
Take
under it these roads to New
not unwelcome announcement ?
the Eri3 and the Central
:

York would be compelled

DIFFERENTIAL RATES AND THE COMMISSIONERS' REPORT.
No

same

interior point, not

different

figure, the

one who has made a study of the differential rate
question will fail to recognize its difficulties.
Not only

shorter road.

are varied and conflicting interests involved, but the very

if

to charge,

upon

traffic

road of longer distance, requiring

possibly a longer time in transit too, asking

we

from the

the same figure on each, but a

Or perhaps

the

argument

is

more than the
even stronger

take the other trunk lines into the account.

Both

Ohio carry to New
is to say, very
York, but as between these and the Erie and the Central,
many intelligent persons in neighboring cities whose on traffic from Chicago to New York, the Pennsylvania
opinion in ordinary cases would carry not a little weight, would get all the business to this port on the distance

which alone can govern
That
that kind seems to be in dispute.

principle of action

in matters of

the Pennsylvania and the Baltimore

&

and inclined to lay principle, for it has the shortest line, and the two roads
roads, which if considered as peculiarly New York roads would not be
imposed upon themselves as business men would be able to serve New York at all. The report of the Coraunhesitatingly and indignantly rejected.
Yet the prompt- mission tells us that the line of the Pennsylvania is 47
ings of self-interest cannot be ignored.
Self-preservation miles shorter than that of the Erie and its connections, 50
is the first law of corporations, as it is of individuals and miles shorter than the Central and connections, and 114
of nature generally.
In obedience to this law the New miles shorter than the Baltimore & Ohio and connections.
York roads have time and again been compelled to engage Under such conditions what would become of the New
in a conflict with the roads to the other seaboard cities, York business of the chief champion of the distance prin
and time and again has the warfare been successful in ciple were the rule which it seeks to enforce adopted ? The
seem strangely befogged on

down

bases of action for

this issue

the

New York

accomplishing the purpose for which

Only

in the latest

contest

it was carried on.
Commissioners apparently did not think it necessary to
was there a cessation of strife enter into any elaborate remarks as to this principle, con-

before a definite determination of the point in dispute.

sidering

its

non-applicability so obvious.

months of the most desperate warfare a temIn the same way, the cost principle will not stand the
porary truce was agreed upon, which has now, it would test of reason. The Commissioners deplore that no preappear, developed into a more or less permanent peace. cise and definite information as to the cost on the different
Trunk-Line Commission of three disinterested persons roads was placed before them. Of course, to determine
was one of the conditions, perhaps only an accompaniment, the exact cost of moving a particular kind of freight a
After

si.x

A

of

but its functions were to be purely
This Commission has this week published its
report, and the report has attracted much attention and
been variously commented on in different quarters.

particular distance over a particular road is not easy,

we

missioners say with

the

truce,

advisory.

probably the companies,

had they

felt

but

so disposed, could

have furnished some pretty reliable data. Their neglect
to do this is no doubt to be ascribed to a desire to
The question at issue is simple enough, but, as said, a keep such knowledge from the public, since it* might be
satisfactory settlement is quite the reverse of simple. Like made the basis of unfavorable action against them.
But
the problem of squaring the circle, we all know just what even if the cost were known, this could not, as the Comshould like to see done, but no one has yet been able

to demonstrate

how

do it. Philadelphia and Baltimore
insist upon the maintenance of differential rates.
New
York will not, can not for any length of time, submit to
it.
To our mind, as intimated above, the law of competition

to

there being so

much force, be used in fixing charges,
many other considerations to be taken into

In such charge, too, it is argued, the relative
and capital would have to enter into the
problem, since every road is entitled to charge enough to
is the only element to be taken into the considera- pay interest on its debt and a fair amount on its stock,
But Philadelphia and Baltimore, with perfect But this would certainly result in diverting the busiaeaaj
account.

amount

of debt

j

tion.

THE CHR0Nl(3LE.

Jci,T 29, 1882,]

from those strongest financially to those weakest financially;
and those which from their condition had no dividends,
and perhaps no interest, to pay, might get all the business.
Leaving out, however, all reference to stock and debt, and
supposing for the sake of argument that the New York
Central can carry cheaper, as respects the mere cost of
moving freight, than any other line, and were willing to
content itself with but a small profit, this would shut out
from New York not only the Pennsylvania and the Balti

more

&

Ohio, but even the Erie, leaving this port with

only one outlet.

"It

is

not to be assumed," the Commis-

sioners say with reason, " that this

The great

desires."

way

brought out with much clearness, and

may be

report

Since,

recognized as possessing

is

much

A

rates

But even

this

has

which are

other words,

and the
its diffi-

great part of the shipments despatched to the

be just indefinitely

just to-day will

"

in

may

be necessary to change them to-morrow or the day after. This reminds us of the action of a
it

The dead body of a
freedman had been found under circumstances that seemed
to excite suspicion of foul play.
The Coroner impaneled
a jury and made an investigation which removed all
colored Coroner's jury in the South.

suspicions of an unnatural death.

Knowing

the charac-

he cautioned them to bring in a verdict
"in strict accordance with the facts," which remark he
reiterated several times by way of impressing them with
ter of the jury,

importance.

its

dict

"

:

We

The jury returned with

man am dead

report dat de

for de present."

value.

fails,

offered before us that the existing differentials are unjust,'
but they significantly add " we do not assume that the

this

—

unique ver-

at least

Incidentally,

report

we may remark

probably

is

just

They are

should be.

he

am

So the Advisory Commission leaves the

question of differential rates just where they found

equally impracticable, there remains only

the principle of competition.
culties.

the adop-

this part of the

therefore, the distance principle

cost principle

of

are alluded to in detail and

the cost principle

tion of

New York

what

is

the

difficulties in

117

it.

that the Commissioners'

what the railroads desired
and unwilling

at present at peace

it

to

A

and

though see the slalug quo disturbed.
report in favor of the
and then existing condition of things, therefore, without doubt meets
by them shipped to their final destination, yet the railroad with their approval. The report has in some quarters
charge must be so graded that the total charge from the been interpreted as against New York's interests, but this
seaboard are destined for foreign ports,

usually received by the merchants at these

centre of production to the foreign port

cities,

is

no higher via

one seaboard city than via another. Thus terminal rates
for storage, ocean rate?, etc., form part of the problem.
Now with New York having an advantage in the matter
of ocean freight, as the Commissioners find it has had, a
differential rate in favor of the other seaboard cities, and

New York, would appear justified. But as this
would make the railroad charge higher to this port than
to the other cities, and it is impossible to distinguish
between shipments for home consumption and those for
export, the difference, if large enough, would lead the districts now supplied by New York to seek their supplies
against

elsewhere.

On

the other hand,

if

the railroad charge

is

correct only as concerns the statement that the prevailing

do not at present appear to be unjust. The
Commissioners distinctly state that these differences " constitute a temporary arrangement only," and that " whendifferences in rates

ever they shall be found to operate unfairly,"
right to modify, or perhaps abolish them."

"

it

will

But who

be

is to

judge whether they are operating unfairly or not

?

dently nobody but

Indeed,

these

And

the

railroads

themselves.

Evi-

must always be the arbiters of their own fortunes.
is more competent to decide the question than
The Commissioners were selected for their inex-

no one

they.

perience in railroad affairs, but

it is

could only have been a drawback.

now that
At any rate,

clear

this
it

is

were alike to all the ports, the Pennsylvania in carrying obvious that on questions of railrosid policy only railroad
from the West to New York via Philadelphia would have men and railroad men having a personal interest in the
to carry trafiic a full 87 miles (that being the distance matter
Laymen are very poor
are competent to decide.
between Philadelphia and New York) for nothing or give persons to consult.
Whenever, therefore, Mr. Vanderbilt
Neveitheless, the finds that the Central is again losing business by reason' of
up doing business with New York.

—

principle of competition

is

the only true principle and the

only one that can be put into practical operation, though
it

is

not free from embarrassment.

It is

in

favor of this principle.

It is the

only

any one familiar with the ways of doing
business would accept as a guide.
Indeed, most persons
would have thus decided off-hand without going over the
Even
extensive ground covered by the Commissioners.
the Philadelphia and Baltimore people, did they fully comprehend that this was the only point at issue, would, we
principle that

believe, agree as to

it.

The

difficulty is that these

overlook the fact that the course taken by the

trunk

lines

last

exigencies of

summer was

New

the discrimination against

he will again
doubt.

them by the
York's business demands. The Comforced upon

missioners' labors will not have been altogether in vain

if

Through the

New

efforts to

York, wo may expect that
have this discrimination

this will be, is of course a
late

war the Central has

matter of
in a meas-

its former proportion of the
volume of business during the
next twelve months, as by reason of the promise of abundant crops now seems probable, the inevitable day may be
staved off for some time.
But sooner or later self-interest
will compel Mr. Vanderbilt to renew the contest.

ure,

it is

business.

believed, regained

With a

TJIH

persons

New York

make

How soon

abolished.

not wonderful, therefore, that the Commissioners

have decided

—

large

FINANCIAL SITUATION.

Never within our experience have our people submitted
to torrid

temperature with the equanimity that prevails at

moment.
become the familiar
the

present

"Good
substitute

for corn" seems to have
for

"pleasant day," as

But this friend meets friend in business circles, and it is always
is really the only possible good that can result from their said and received with at least an appearance of satisfaction,
investigations.
No one will deny that the Commis- though both speaker and hearer are sweltering under the
sioners have made a thorough examination into the heat.
And so it is good for corn, and for wheat and for
their report serves to enlighten

some of

these.

all the crops, especially as the heated term seems now to
and that they display no preju- be followed in the more richly producing sections with
dice.
is altogether barren of any practical timely rains.
To-day the indications point at least to the
outcome. After spending months and taking forty pages largest yield of wheat, oats and other small grains, hay
of printed matter to show how exceedingly compli- and root crops ever recorded
while with a fine August
cated the question is, the conclusion arrived at is and late fall, the prospects for cotton are all that
suBuned up in the remark that "no evidence has been could be desired, and for that other staple— for whicb

subject in order to inform themselves, that they appear

comprehend
Yet their work

fully to

it,

;

118
these burning days are

now

so patiently

THE CHRONICLE.
shipment by "Wednesday's
endured —
really

fVoL.

XXXV.

steamer on account of the
and on that day a spasmodic advance in the
rate for money to 5 per cent caused some conservative
operators to inquire if the pace of the market was not a
little too rapid.
The discovery was then made that there
had been very heavy realizations during the advance, and
it was naturally inferred that the inside operators had
Italian loan,

promising.

These assurances naturally stimulate business enterprises
In sections where the evidences
all over the country.
of prosperity are

more

palpable, merchants are

making pre-

which are reflected in the
wholesale circles, so that manufacturers and importers are
feeling now the first effects, and anticipating a full and managed to distribute a large portion of their holdings
Operators for a
healthy demand for goods. Of course active business presumedly among outside speculators.
must quickly inure to the benefit of the railroads which are decline took advantage of this condition of the market
to convey the grain and other produce to market and dis- and pressed certain specialties downward on "Wednesday,
tribute among interior points the merchandise bought in renewing their attack on Thursday, but the decline ap-

parations for an active

exchange for produce.

fall trade,

Under the

influence of

this fact

the spirit for stock speculation seems to have become so
infectious as to be extending widely, and among many

peared to bring in liberal orders to buy, and in the afternoon of that day the market was turned upward again, the

Southwesterns and Granger roads leading by reason of the
and hence the enthusiastic buying of share prop, prospect for an immense grain trafBc, and the "Vanderbilt
Yesterday another attempt to
erties which has been characteristic of the market ever stocks closely following.
Undoubtedly the force values down was made, but, as before, it met with
since the beginning of the month.
railroads will have a largely increased business this year, only partial success.
It appears that the question of percentages of eastand with rates maintained that must result in augmented
This truth is the basis of these purchasers' bound business of the roads in the trunk-line pool has
earnings.
greed, and from it they draw the hasty conclusion that a been referred to Mr. Charles Francis Adams as arbiclasses,

brilliant future for all properties never mind how heavily trator, Mr. Fink having been unable to make an arrangeencumbered, is assured. So they buy shares in almost any ment satisfactory to all the lines. It is presumed that
The speculative the roads have agreed to abide by the decision of the
railroad, and hold them for a profit.
craze is thus again seizing upon a very large portion of arbitrator, otherwise it would be useless so to refer the

matter.
The decree may be deferred for some time, but
"We have now reached the stage when " points " are it is probable that the decision will be made before the
freely circulated, greedily received, and promptly acted fall business commences.
"With the exception above noted, money has been
upon. The novices who always swallow everything afloat,
apparently forget that the majority of railroad managers in good supply during the week, although there are
are also speculators in the stocks of the lines they control, unmistakable indications of a speedy hardening of the
and that in such cases special information by which a judg- rates. Time loans are now in request, and the transacment can be formed of the intrinsic value of the property tions thus far reported are at 6 per cent for six months on
stock collateral.
The banks are doing comparatively litis carefully concealed from the public until these manIt is really tle in commercial paper, and are evidently preparing for
agers have had an opportunity to profit by it.
wiser to believe the opposite of what one hears on "Wall an active demand for money within the next sixty days.
Street than to accept it all as if these managers had taken The grain movement in the Southwest has been heavy,
Still there is no use in and for the past ten days St. Louis reports a gain of over
the Street into their confidence.
giving advice to one who who has taken the fever.
It 1,000,000 bushels compared with the same time last year,
must run its course. There are properties dealt in on "Wall and the increase at that point and at Chicago is reported
The domestic exchanges at these
Street which have real merit and it is not diSicult for those at 2,409,078 bushels.
who are so disposed to find them. If people who buy cities have fallen during the' week to 59 cents per
stocks were as careful and discriminating as they are $1,000
discount and on Thursday and Friday the
when investing in real estate or even a horse, there rate at St. Louis was $1 discount. This shows that the
would be less damage to the business interests of drain upon this centre for money with which to move
the
country by these fitful movements. The banks the crops is about to commence, and it is at least two
Customs receipts
can, and do to a certain extent, act as a check by weeks earlier than it began last year.
refusing to loan upon fancy collateral except under certain at this port have been heavy, as will be seen by the table
conditions.
Some brokers also aid in discouraging opera- below, and they are likely to continue large. On Tuesday
tions in worthless properties by requiring their customers next $3,5 13, 159 will be due from the Treasury for interest
to buy them outright instead of purchasing upon margins. on the extended 5 per cents, and on that day a call for
But neither banks nor brokers can absolutely remedy the $15,000,000 bonds will mature; but it is scarcely reasonevil, and even the victims of misplaced confidence soon able to look for the prompt surrender of much more

the community.

_

half of this amount, so that the Treasury disbursements on account of interest and bonds may not be more
with which they have been saddled.
than $10,000,000 during the first week. "Whether or not
The market was until Tuesday afternoon similar in this will be enough to meet the demand upon this centre
many respects to that of last week. Each morn- remains to be seen. The Treasury operations for the week,
ing prices opened higher than those at the close of the exclusive of the receipt of $1,507,22.8 54 from the Assay
previous day by reason of the accumulation of orders, Office, have resulted in a gain, which is a loss to the
chiefly from the interior, which came by mail and wire, banks, of $2,518,837 72.
The following will show the
and in the scramble to execute, these stocks were forced interior movement.
upwards. The natural reaction lasted but a short time,
Shipped.
Received.
Seceipis al and ShipmenU from N. T.
and then the market again turned upward, and continued

forget the lesson they have been taught

by the sudden than

disclosure of the worthless character of the certificates

more or

less strong

transactions were
prices.

during

the day.

On Monday

enormous and generally

On Tuesday

the speculation

at

halted,

the

advancing
on the an-

-nouncement that $1,500,000 gold had been engaged for

Gold
Total

$1,758,000
19,000

f823,000

$1,777,000

$823,000

America received no gold on account of
the associated banks this week, and paid out $1,350,000,

The Bank

of

July

THE CHRONICLE.

29, 1868.]

which $500,000 was

of

buy bars for shipment

to

to

GLADSTONE AND THE WAR IN EQYPT.

MB.

Europe.

Considering the fact of the shipment of $1,500,000 gold
to Europe, the bank return of this week will be indicated

by

At

the following.

last

the British are in Egypt.

a

Gold exported

$2,518,838
•951,000
1,507,228

SI ,777,000

$4,849,066

$3,072,060

week

tlili

Total
*

1,777,000

$2,518,838
823,000
1,507,228

*

Bub-Treasury operations, net...

Net Loss.

foreign exchange market has been quiet but firm

during the week.

and

The demand

sold here for

steady for sight

is

bills

because of remittances for stocks

cibies, doubtle ss

Euro pcau account. The supply of commerand the exports of produce noticed last

cial bills is small

week have been

slightly

checked by an advance in ocean

by the withdrawal from the lines of
steamers required by the English government for the
The collapse in the wheat
transport ai troops to Egypt.
speculation at Chicago and reports that the attempt to
make an August corner in cotton has been abandoned,
lead bankers to expect a more liberal supply of bills in
Speculators have found it profitable to
the near future.
trade in securities between this market and that of London, and the following will show the margin of profit for
freights caused

these transactions at the opening prices of each day.
July 2i.

Julv

Jtdv 27.

Julv 20-

39.

Lond'n If.Y. Lond'n N.T.

Lond'n jv.r. Lond'n

Julv 88.

N.T. Lond'n N.Y.

prices.* priCM. prices.* pricu. prices.* prices. prices.* prices. prices.* prices.
120- IT

1205«i

120-66

120-66

laoji

Tim

10104

lOiH

101-04

41

41-20

41^

41-44

41

101-28
40-95

1015i

40-71

*0H

41-20

120«
101«
41H

9810

97X

98-10

98

9810

98W

98-10

07-60

98V4

m.Cent. 13881

lS8i^

18905

lS8i4

137-83

138

187-83

91i4
13754

138-81

N. r. C.
Beadia?

188-37

13S*(

138-11

IMW

136-36

185«

136-11

185H

136-60

138«
138M

3l-26t

63«

31-63t

«3«

30-77t

61)4

3139t

88M

D.S.to.o.

U.S.SJis

tantalizingly,

it

is

fruit

government,

the

that

longer delay, have resolved to pluck

it

impatient

and make

of

their

it

own.

moment

All the indications of the

point in one direc-

England has taken action, and she has taken action
alone.
Alone she bombarded Alexandria. Alone she is
seeking to restore order in the battered and temporarily
ruined city. Unaided she has spread the banner of her
protection over Port Said, and unaided she proposes to
break the power of the rebel chief, and to restore at least
the nominal sovereignty into the bands of the Khedive.
It is suggestive that Germany, Austria and Italy stand
aloof, and although politely asked, refuse to interfere.
tion.

Gain.

The

so

has for genera-

now more or
haa not actually fallen into
has been dangling so temptingly,

If the ripe

fact.

the lap of England,
Tnio Bankt. Out of Banks

What

been expectation, prediction, promise,

tions
less

119

izm

laoee
10104

Brie

Moon.

101«

120W
1C055 101«

om

30-WOt

Scarcely less suggestive

now

the action of France, for

is

it

is

be limited to
taking a part in the protection of the Suez Canal, thus
leaving England to subdue the rebel forces and to restore
peace and the reign of law on the land. At the last
certain

moment

French intervention

that

will

the Sultan seems to have discovered a willingness

but he has been so dilatory in
his
motives are so open to susand
matter
hitherto,
this
picion, that it is doubtful whether the Conference will
to

send troops to Egypt

;

Of course the Sultan

entertain his proposal.

will only

be

allowed to interfere as the mandatory of the Powers and
England has gone so far that if she consents to accept his
;

help at

all

she will permit him only to act in a second-rate
Except in name he has already

or subordinate capacity.

Among

ceased to be the suzerain of Egypt.
tions

which point

in the

the indica-

the final issue

direction of

must

Xxob'ge,

be included the extensive preparations which the British
4-90«
4-90«
cables.
4-B0«
4-90K
4-90K
* Expressed m their New York equlraleot.
Government is making for the conquest and occupation of
f ReadiHK on basis of tSO, par value.
the ancient land of the Pharoahs, and the unmistakable
The Bank of England return for the week shows a
tone of public sentiment which prevails throughout the
decrease of £321,000 bullion and there was a further loss
three kingdoms.
on balance on Thursday of £26,000. The proportion of
"We are hardly permitted to doubt, indeed, that the
reserve to liabilities is down | per cent compared with
issue of the present complication will be the establishment
The Bank of France reports a gain of 8,009,last week.
Some fighting may be
of British supremacy in Egypt.
000 francs gold and of 1,661,000 francs silver, and the
necessary, and it may be beyond the power of the British
Bank of Germany since last report has increased
troops to prevent the repetition of gross barbarities; but
The following exhibits the amount of
3,740,000 marks.
it is not conceivable that Arabi Pasha, even if Egypt
bullion in each of the principal European banks this week
should stand loyally behind him, could withstand the
and at the corresponding date last year.
power of England, especially in the form and manner in
July 28. 1881.
July 27, 1882.
which she intends to use it. He may bum Cairo and do
other infinite damage in the interior of the country; but
aold.
Silver.
Silver.
Oold.
In a
this will be in his power only for a few days more.
£

Banket England
Bankot France
Banket Germany

26,2o6,5i0
23,314,041
39,187.076 46,299,175 25,337,753 19,611,149
7,031,250 21,162,750 7,218,500 21,655,500

Total this -week
Total previous week

09,585,967 07,461,925 58,832,503 71,266,640
69.539.700 07,255,698 58.680.438 71.202,052

gold and silver division of the stock of cu(nof the Bank
merely pojiular estimate, as the Bank itself gives no

UP* The above
or

Uermany

is

Information on thut point.

The Assay

Office paid

out $133,179 through the Sub-

brief

period such will be

surrender or

points.

He

He

is

proportion of his

Consisting
aold.
21....

"

27....

22....

21....
25....

26

...

Total...

$510,312
050,022
588,523
778,406
362,380
466,848

own

truth

shut

is

ofE

people.

With

the single exception

It is possible that the struggle
it is

barely possible; and

we

may be

are disposed

regard it as much more likely that Arabi, considering
the hopelessness of the cause, will on an early day abanto

Duties.

July
"
"
"
"

of—

is

all

protracted; but

DaU.

British

chance but to

the governmente of Europe are opposed
Opposed to him also is the public sense of the

of the Porte,

civilized world.

Custom House.

little

he is already in a very
from the seaboard at all
opposed by the Khedive and by a large

The

flee.

sorry position.

Treasury during the week, and the Assistant Treasurer to him.
received the following from the

the concentration of

strength in Egypt that Arabi can have

07

89
96
89
00
91

$3,386,491 22

$376,000
465,000
382,000
525,000
240,000
295,000

r. S.

Notes.

$30,000
35,000
23.000
61,000
33.000
33,000

$2,283,000 «21.>,000

SUver

Silver

Dollars. Certificates.

$
1,000

1.000

$2,000

$134,000
150.000
183,000
192,000
80,000
140,000
$888,000

don the contest. Desertions are already becoming numand desertions may prove much more effectual in
destroying his army than the sword of the enemy. When
erous,

how

foolish

allied intervention of all the

Powers

the end has been reached

would have been an
in Egypt.

it

will

be seen

—
THE CHRONICLK

120

it was ever seriously intended that there should
be a joint occupation of Egypt by the Powers ? Of course
We have no doubt
the question is variously answered.
at all that the negotiations carried on by the British Government with those of the other great States were con-

Whether

ducted in perfect gaod faith and with the most honest inBut it is a noteworthy circumstance that while
tentions.

Powers and peoples of Europe, and all the Powers and
peoples of the civilized world, were agreed that it was Engthe

all

land's business,

and England's business

solely, to

intervene

Prime Minister alone
seemed to be in doubt regarding his duty and regarding
the sentiment of the nations. His doubt led to painful at d
harmful delay. Through it he came narrowly near losing
the opportunity for which England had long been waiting
and praying, and the loss of which would have been injurious to its commercial interests; and subsequently the
same policy found him unable when he ordered the bombardment of Alexandria to follow it up by the occupation of the city with troops, and as a consequence thouin the affairs of Egypt, England's

sands of unarmed Europeans were exposed in Alexandria
and elsewhere throughout the country to the vengeance

ferent branches

more than

[Vol.

XXXV.

trade, some of which were favored
The Commissioners undertook to do

of

others.

For instance, after having revised the schedule
December on the entire list some 1,400 articles

much.

too

—

last

incumbent in April to revise it again on
about 400 articles, and to make, not some uniform
change, but a change involving the widest possible discretion and ranging from one cent per 100 lbs.
carried 125 miles to one hundred cents.
Bacon was
reduced 10 cents, butter 45^ cents, coffee and flour 13^
cents, green fruits H^ cents, vegetables 30-4 cents, lard 6-9
they thought

it

cents, rice 8-2 cents, oil cake^ 1-1 cent, dressed poultry

17^
dry goods 22| cents, and so we might go through
the list.
Thus the Commissioners, without any knowledge
whatever in the matter, assumed to determine what the
charge on a particular article should be, even to the
cents,

fraction of a cent.

the merchant

It is

who was

not in the nature of things that

favored with a reduction

cents should feel content,

dealing in a different

his,

knowing
article,

that

of two
some neighbor of

has been favored with a

reduction of 10 cents or more.

Threats to

and of the infuriated Arab seem

make

party capital of the matter would also

be at work to influence the Commissioners to
multitude.
In his recent explanation Mr. Gladstone has revoke the latest schedule. Not only the railroads but the
hardly been successful in vindicating himself from the shippers who feel aggrieved are said to be greatly

and brutality

of the troops

to

charge regarding the bombardment; nor has he fully ex-

incensed,

plained his policy of delay.

party that dares to support the Commissioners' action

The

saying, however,

is

an old one, that

all's

well that

and

is

it

claimed

that

the

sure to suffer defeat in the ensuing campaign.

political

We

is

are

much stress upon such a
While without doubt there is much dissatisfaction
cannot as yet give us all his reasons for the course he has even among those for whose benefit the Commission is
taken. There is one reason he can never give, a reason which supposed to have made the reductions, it is yet certain
may have had more shaping power over his policy than all that what is called the " farmer " and " granger " sentiothers put together the consideration which was de- ment is very strong within the State of Illinois, and that
manded for her Majesty's forty millions of Mussulman instead of its being an element of weakness, support of
As Mr. Gladstone has managed the the reduced rates as such would rather be an element of
subjects in India.
case they have no ground of offense and in view of all strength. The disgruntled countryman who imagined
the possibilities, this is a something which is not to be that he had been unfaii-ly treated would be careful not to
•despised.
To strengthen England's hold on Egypt, with- let his particular grievance be used as a means of overout trampling on the rights of the Sultan or giving any throwing all idea of State regulation of rates, and in the
just cause of offense to Moslems anywhere, this in it- excitement aroused by the possibility of such an occurrence
self would be a victory.
We cannot yet see the end. It no doubt all the farmers and grangers would rally in
is very possible that when we do see it, Mr. Gladstone's support of the continued existence of the Board.
management will appear satisfactory throughout.
By far the most powerful influence against the April
ends

well,

and the prospect

Furthermore,

it is

certainly favorable now.

is

only fair to say of Mr. Gladstone that he

not disposed, however, to lay
claim.

—

—

—

;

schedule, in

ILLINOIS RAILROAD COMMISSION REVISING
ITS SCHEDULE.
There would seem

to

our estimation,

the

is

undiminished

resist-

Most railroads have never adopted
The December schedule was unthis April schedule.
be a strong probability now that the satisfactory, but not wishing to antagonize the Commis-

Railroad Commissioners of Illinois will conclude to reconsider their action of a few

ance of the railroads.

without first giving their policy a fair trial, it
under protest, and the railroads at once
accepted
was
proceeded to publish rates in accordance therewith. Thus

sioners,

months ago, in making a second
and reduction of tariff rates on the railroads,
clear sailing and the rates
after having made a first reduction of 30 per cent as the Commissioners had
recently as last December.
We do not know that they went into immediate effect. With the railroads holding
have as yet taken any definite or final action in the mat- out against the April schedule, the outlook before the
They might
ter, but the fact that they appear more disposed than a short Commissioners now is not so encouraging.
time ago to listen to the arguments of the railroads, and have recourse to the law, but it would certamly take time
revision

are

actually

some

reported to

have been in conference with

of their managers, gives

encouragement

that they are becoming convinced that

some modification
Various causes seem

that

all is

to the idea

not right and

determine the

in one

be combining to induce the Com-

issue, and, besides, as

of their recent reports,

" impossible, to enforce

" road

of the tariff is necessary.
to

to

"

legal

company unless they

by the

parties

it is

they themselves said

" very difficult,

if

proceedings against a

are based

not
rail-

upon charges made
and the ship-

directly interested;"

(the party interested), always unwilling to enter
bids
it
to it if
a quite general belief even in Illinois that the new rates into litigation, is doubly averse
are unjust and that the railroads would be seriously fair to extend over a long period of time. Further,
crippled should they be enforced.
Then the Commis- if it were sought to enforce the new rates, the
sioners' action was not only an arbitrary piece of busine«s railroads could under the statute go into court, and
AS respects the railroads, but was equally arbitrary and before a jury, and demonstrate that the schedule

missioners to rescind the last

tariff

promulgated.

First, there

per

is

'

much more

unsatisfactory to

certain classes of shippers,

^presenting not conflicting or opposing

interests,

but

dif-

they did would completely upset the
Meanwhile, however, the shipaction.

was too low, which
Commissioners'

if

•

.
.

July

Tho

S9, 1883.

THE CHRONICLE.

|

question which

many

are asking themselves

121

[From oar own oorrespondent.

is

A new schedule

pers labor under a great disadvantage.

|

LoHiwN, Saturday, July

The

lH, 1882.

Egypt and the bombardment of
Alexandria have greatly inflaenced businesH, both in a commerPossibly some shippers, under
are not open to them.
cial and financial sense.
There has not, indeed, been maeh
threats of suits, etc., extort more favorable terms from the change in the position of the money market, bat the rates
of
railroads than others, which only adds to the existing discoont show a trifling improvement, the quotation for three
Thus even the shippers are interested in months' bank bills being 2@2^ per cent. The market has, howdissatisfaction.
an early recall of the April schedule, and as many of them ever, been greatly wanting in animation. It had been anticipated
that with the return of the autumn trade, bills would become
are besides convinced of its injustice to the railroads it is
more plentiful, and that a larger degree of activity would maninot wonderful that they are in a quiet way seeking to fest itself
in money.
The troubles in Egypt—a termination to
make their influence felt. "We trust that the Commis- which it is very difBcult to foresee has greatly disorganized
sioners will soon succumb to the pressure being brought our Eastern trade, and has also materially affected other
to bear, and leave the railroads free to work out the best branches of our commerce. The Suez Canalis still open, and
results for producer and capitalist alike without hindrance merchants hope that the Government will soon be enabled to
of rates has been published and yet

its

supposed benefits

serious news from

—

state that

it

may

be traversed with safety; but there are risks

from foreign forces.
at present, and several lines of steamshipH hare given ordei»
But whether the Commissioners rescind their action or for their vessels to proceed to the East via the Cape of Oood
not, the harm that all such attempts to hamper railroads Hope. Now that we are approaching the period when the new
work, is clear and indisputable. If it were not a palpable crops become available for exportation, the extension of the
fact that the railroads are constantly reducing rates, under passage is of importance to our commercial interests, and for
from Egypt is awaited with great anxiety. It
the pressure of competition and as fast as improved meth- that reason news
is very evident that Oriental diplomacy requires to be dealt
ods of doing the service permitted, there might be some
with with a firm, if not unsparing, hand, and it is to be hoped
excuse for attempts to regulate rates by law, and in exten- that the rising in Egypt will be as snccesHfully dealt with
uation of any mistakes made by a government ofScer dur- as was the rebellion in India in 1857. The mercantile classes
ing such regulation it might be urged that the railroads are trusting that the Government, having now gained a position
had only themselves to blame, in having waited for the of great importance, will place the future of Egypt in such a
government to do what it was incumbent that they should
do themselves. Quite the reverse being true, government
supervision of this kind is useless, and generally positively
harmful.
In any event, it is absurd to attempt regulation
of rates in any but a very general way.
All the details
must of necessity be left to the railroads and their officers.
They alone are competent to determine what each
particular kind of traffic shall pay, and that must in
great measure be dependent upon the cost of moving
it.
What qualifications do the Illinois Coiamissioners, or
indeed any outsider, possess, to thus fix the charge upon
each one of 1,400 different articles moved on the railroads

No

one can even begin to undertake such
a task unless he has had years of experience, and pos-

in that State.

sesses

a thorough understanding of the subject in every

would only recognize this one fact,
a great deal of the evil with which we are threatened
from misdirected endeavors, would be avoided at the
outset.
There are certain things which only railroad
If the public

detail.

men can
as

settle

we here

another, as

or

see,
is

The
and the

fix.

classification

differential

of rates

is

is

abundantly proved by the Advisory Com-

mission's report, which practically says that the trunk lines

must be the

sole judges as to

will be nert

an

to

impossibility.

There has been a " settlement " on the Stock Exchange this
week, and, as might have been expected, much excitement and
depression prevailed. With the exception of American and
Canadian, securities have been offered freely, without finding
buyers, and consequently prices have declined considerably
Turkish and Egyptian stocks have experienced a heavy fall,
and the latter are proving a serious loss to those who bought at
high prices, believing that the investment was a sound one.
The following is a comparison of the prices of Egyptian
securities to-day with the highest quotations current last year:
July 15.

Egyptiau Daria Sanieh
Kgyptian 6 per cent uiilfind
Egyptian 5 per ceut preference
Turkish, 1865, 5 per cent bonds
Turkish 6 per cent bonds
Turkish, 1869, 6 per cent bonds
'lurkish, 1871, G per cent Egyptian Tilbute
Egyptian, 1873

The

Egyptian nnified debt

Jllghett

1SH2.
4»>a

1881.

50H
76
10\

81
100>4

79%
17%
20H
19'»
S0%

l-IH
12
57'a

H

was dealt

1»»S

low

in yesterday as

as 47?6.
in quiet demand, but the
have been steady and are quoted as follows:

Money during the week has been
rates of discount

one,

rate question

anarchy

position that another return of

Per

Bank

cent.

3

rate

Open-market rates—
30 and 60 days' bills
Smonths' bills

The

Oi)en market rates—
4 montlis' bank bills

Per

2
2
6 mouths' bank bills
4 dc 6 months' trade bills. 3

2»2>«
2®2>8

cent.

a2>t
-32%

9 3 >«

following are the rates of interest allowed by the jointfor deposits:

whether differences in the stock banks and discount houses

rates to the different seaboard cities shall or shall not exist.

Iptottctaicg g (S'OmmtvciKl gwalislt

^cws

Per cent.
Joint-stock banks
Discount houses at call

Do

a

-

1%

-

2

with 7 and 14 days' uotioe

•

the
Annexed is a statement showing the present position
BATKS OF BXCHANaB AT LONDON AND ON LONDON
Bank of England, the Bank rate of discount, the price of
AT LATEST DATES.
consols, the average quotation for English wheat, the price of
MZOHAN OB AT LONDON- July 15 EXOHANQE ON LONDON.
middling upland cotton. No. 40 mule twist, fair 2d quality,
of

On-

Time.

Rait.

Latest
Date.

_.

^»"«-

Rate,

and the Bankers' Clearing House
three previous years

Amsterda'.n
Ameterc'aui

.

Short.

12-1% 312-2^

3 mo8. 12 iie S12-4'8
20-66 ^2070
Berlin
20-06 ®20-70
Frankfort...
20-66 •320-70
Vienna
12-l83j®12-21>4
Antwerp
25-45 'a.;5-50
St.Petersb'g.
233ea23'iB

Hamburg

. .

Paris...
Paris

Ciieoks 2.?-15 a25-2()
3 mos. 2o-ll 144^25-16^
26-12iii»2U-17>s
46*8<«46'4

0«noa
Madrid
Cadiz
Lislmn
Alexandria
New York...

July 15 Short,
July
July
July
July
July
July
July

15 siiort.
15
15

15
15
15
15

20-45
£0-45
20-45
12-07 Is
25-23
23''8

25-16>a

47-28
47-28

46'4<Ji4U:%

5in,„aoii3i6

Boml)ay

..

Calcutta

.. ..

..

BangKoug..
Siuinglial....

60

d'}-8

18. TiOisrt.
Ifi.

7i5i«d.

July
July
July
July
July

Short.
15 4 lUOi^.
15
15
15

l.^i

4-85
is.

Sigd

3s. i»>4(l.
58. 214(1.

compared with the

1882.

1881.

1880.

1879.

«

M

a

X

26,971,590 27,260.370 27,158,995 29,328.140
4,049,54»
5.049,671
4,75-;,3-29
4,132.347
27,433,813 28,716,','04 26,9i)8.517 33.511.238
"145,921
16,719,642
1.
say
15.
14,64!1,471
16,27
Govcrnui't securities.
22,607,228 20.195.-i29 17,970,747 17.Ml6.3U
Other securities
Res've of notes & coin 12,455,951 15,113,373 16,561,976 21,137,927
Coin and bullion in
both departments.. 23,677,541 26,653,743 29,020,971 36,46C,067
Proportion of reserve

Circulation
Public deposits
Other deposits

3901

to liabilities

3p.

Bank rate

c.

,!)9%

Consols

.

return,

:

wlieat, av, price
Mid. Upland cottiiu..
f-:iiir.

46s.

9(1.

44 Tg

21a r-

c-

2>3 p.

o.

S p.

C.

lei's

98 >«

97''8

46s. 8d.
69,6d.

438. 9d.
b'Vl.

43s. 4d.

6%d.
7d.
•
9'4d.
imd.
10 i^^:
10%d.
No. 40 mule twist
104,999,000
124,760.000
fieariua House rct,'"n.'l06.505.OOO 101.763,000

The following

are the current rates for discount at the prin-

cipal foreign centres:

—

4

.
.

THE CHRONIC ^LE.

122
Bank

Open

rate,

market.
Pr.

Pr. et.
31*
3'^
3ia

Parli
Brussels

ct.

Bank

Opeii

rate.

market.

jn-.et.

J'r. cl

..

4
6

SH

..

4Js

SJa

..

Madrid

319
sji

St.

..

Pet«rabnr«

July

[Vol.

have amounted to £1,149,432 on 13,149M

1

,

.

XXXV,

miles, against

£1,123,682 last year on 12,909 miles, showing an increase of
239% miles, or 1'85 per cent, and of £25,750, or 2'29 per cent.

43413
6
4

On

the three principal Scotch lines since February 1 the receipts
been £2,832,301, against £2,750,226, being an increase
have
4
Coponhagoa
gjii
Hamburg
..
compared with last year of £82,075, or 3 per cent.
Bombay
SJa
Frankfort
3i>8
4
Vienna
The Crown agents for the Colonies are prepared to issue
Owing to the Egyptian war the orders for silver on Indian Mauritius Government 4 per cent consolidated debentures
account hav* been stopped and the price has, in consequence, to those holders of the 6 per cent debentures, redeemable on
declined the fall during the week has been Md. per ounce. November 15, who may prefer to receive the new 4 per cent
Mexican dollars are also cheaper. Business in exchange has bonds instead of the repayment of the old bonds. The new
been at an almost complete standstill. At the weekly sale issue is limited to £52,000.
of India Council bills on Wednesday, out of £200,000 only
The weather during the past week has been finer on the
£12,000 on Calcutta were sold at the official minimum of Is. 8d. whole, but it has occasionnlly had an unsettled appearance.
the rupee. The following prices of bullion are from Messrs. The harvest is being delayed and the hay is being gathered up

Amsterdam

4

Berlin

4®3

8
4
5

. .

;

Piiley

&

Bar gold,
Bar KoUl,

Abell's circular:
fine
contaiuliift

GOLD.
per
20 dwts. sUvor, per

Spanish doubloons
South American doubloons
Vulted States gold coin

standard.
peroz.
poroz.
peroz.

peroz.

BILVEB.
peroz. stjindaxd.
per oz. standard.

grs-gold

peroz.

Cake silver
Mexican dollars
OUlllan dollars
Quicksilver.

IBs. 9d.

The Midland Railway

of

^-

<6

d.

invite

v
3%
d.

55%

—

....

applications

to

£610,800 sterling consolidated mortgage bonds at the price of
The present issue forms part of a
£95 per £100 bond.
consolidated mortgage security specially authorized by the

above act for the purpose of (1) taking up and redeeming
outstanding bonds of the above companies amounting altogether to £1,521,300 ; (2) making provision, at the rate of
£5,137 (.?25,000) per mile, for the construction and equipmen
of the Toronto & Ottawa Railway ; (3) providing £60,000 fo
improvements now in progress on the Grand Junction section;
and (4) £351,000 to be issued as required for enlargements and
extensions of the consolidated company's works, if and when
authorized by a general meeting of the shareholders.
The prospectus of an important undertaking has just been
issued, viz., that of the National African Company, limited

The board of directors is iniluenproposed to open up trade with the territory
adjoining the River Niger and its important tributary, the
Bincie, or Chadda. It is also intended to trade with the countries of the Central Soudan, with which commercial relations
have hitherto been almost entirely neglected.
The directors of the City Bank (limited) have just issued
vfith a capital of £1,000,000.

tial,

and

it

showing a gross

and

During the week ended July 8 the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to 14,190 quarters, against 16,140 quarters last year
and 15,753 quarters in 1880; while it is computed that they
were in the whole kingdom 56,760 quartets, against 64,560
quarters and 63,012 quarters. Since harvest the sales in the
150 principal markets have been 1,760,937 quarters, against
1,638,075 quarters and 1,316,606 quarters, the estimate for the
whole kingdom being 7,043,750 quarters, against 6,196,300
quarters in the corresponding period of last season and 5,291,820
quarters in 1879-80. Without reckoning the supplies of produce
furnished ex-granary at the commencement of the season, it
is estimated that the following quantities of wheat and flour
have been placed on the British markets since harvest. The
visible supply of wheat in the United States is also given:
49,903,123
11,059,854

1379-80.
50,718,186
8,961,247

1878-79.
42,578.295
7,903,330

....30,522,900

26,850,630

22,931,220

41,220,320

90,456,523

87,813,612

2,610,953

91,701,915

1.218,751

1,266,354

146,542

1,643,518

89,207,774
Result
Av'ge price of English
46s. gd.
wheatfor season (qr.)

86,547,258

82,464,411

90,038,427

43s. 3d.

463. 5d.

. .
„
40s. 8 d.

12,400,000

11,701,397

1881-82
rmports of wbeat-cwt. 5 1,309,011
8,624.611
Imports of flour
Sales

of

and balance-sheet to the 30th ult.,
brought

profit of £113,161, inclusive of £5,384

Provision having been

made

for current expenses

rebate, they have declared a dividend at the rate of 10

per cent per annum, added £25,000 to the reserve fund, which
is thereby raised to £355,000, and carried £8,320 to the current
half-year. A comparison of the balance-sheet with that presented to the shareholders six months ago shows an increase of
£260,000 in the paid-up capital, to £800,000. The deposit and
current accounts stand at almost the same figure,, but the
acceptances are £290,000 higher. On the assets side, cash in

Total

Deduct

or

exports

wheat and

flour

Visible stipply of wheat
intheU. 8.... bush.10,000,000

The number of failures in England and Wales gazetted during the week ending Saturday, July 8, was 216. The number
in the corresponding week of last year was 203, showing an
increase of 13, being a net decrease in 1882, to date, of 570.
The number of bills of sale published in England and Wales for
the week ending July 8 was 906. The number in the corresponding week of last year was 1,021, showing a decrease of
115, being a net decrease in 1882 to date of 774. The number
published in Ireland for the same week was 24. The number in
the corresponding week of last year was 43, showing a decrease
of 19, being a net decrease in 1882 to date of 258.

The

traffic

receipts of railways in the United

Kingdom

since

„

16,000,000

The following return shows the

,

extent of the imports and ex-

ports of wheat and flour into and from the United Kingdom
during the first forty-six weeks of the season, compared with
the corresponding period in the three previous seasons
IMPORTS.

Beans
Indian
Flour

1880-81.
49,903,128

1881-82.
cwt. 51,309,611
11,978,083
9,431,023
1,882,376
1.722.594
20,083,103
8,624,614

Wheat
Barley
Oats
Peas

com

10 232.223
8,972,759
2,161,352
2,176.202
30,592,238
11,033,854

:

1879-80.
50,713,436
11,811,833
12,596,107
1,361.792
2,425.006
25,541,291
8,961,247

1878-79.
42,578,295
9,494,886
10,011,767
1,479,987
1,500.209
32.886,452
7,903,330

1879-80.
1,240,933
28,727
90,751
89,611
67,429
539,189
175,609

1878-79.
1,516,743
105,798
95,157
24.337
15,747

?OBTS.

hand has increased by £26,000 and at the Bank of England by
Wheat
£52,000. The amount lent out at " call" is £423,000, against Barley
Oats
£315,000 shown in the preceding statement. The items of
Peas
investments and bills discounted show no change worth noticing, Beans
but advances are £147,000 lower at £2,303,306.
Tenders for £1,650,000 Metropolitan Board of Works 3 per cent
consol.4tock were opened at the Bank of England on Tuesday.
The total amount applied for was £2,534,400 at prices varying
from £96 (the minimum) to £99 per cent. Tenders at £97 23.
will receive about 85 per cent of the amount applied for, and
above that price in full.

1880-Sl.

home-grown

produce

is

their half-yearly report

forward.

with difficulty. The cutting of cereals will not probably be
general in the south of England until the first week in August,
and even if that be the case, fine, bright weather will be necessary. The rain has been of benefit in many respects, especially
to pastures and roots, and there is every prospect of an ample
The wheat
supply of cattle food for winter consumption.
trade during the week has been firm, and prices have risen Is
to 2s. per quarter.

®
®

Discount, 3 per cent.

Canada

d.

5158

peroz
peroz

£5

8,

®
......
®
.3 10 @
73 SJa®
70 3h^
®

standard

German gold coin
Bar silver.flne
Bar eilver.contaln'g 5

d.

8.

oz.
oz.

1881-82.
owt. 1,100,909
176.084

660,856
60,730
44,087
117,911
147,752

Indian corn
Flour

1880-31.
1,130,290
51,180
592,338
101,679
43,567
218,021
136,064

438.533
126,775

The following return shows the extent of the exports of
and Irish produce and manufactures, and of colonial
and' foreign wool, from the United Kingdom to the United
States during the month of June and during the six months
ended June 30, compared with the corresponding periods in the
British

previous year:
.

—In June.
18S1.

owt.

Alkali

Apparel and slops
Bags and sacks

£

doz.
bbls.
alo
Cotton piece goods. .yds.
Earthenw.A porcelain.
Haberdashery and mil- £
linery

Recrand

Hardware

cfe

cutlery..*

Iron— Pig

tons.
tons.
Bar, &o
tons.
Railroad
Hoops, sheets,boiler &
armor plates. .tons.
tons.
Tin plates
Cast or wrought.. tons.
remanuft.tons.
Old for
.

220.036
4.831
68,924
918
4,202,900
60,923
23.367
40,107
29,015

.

.

In Six Months.

3,433, .500

1881.
1,499,322
28,463
569,658
11.159
38,149,100

1882.
188,005
3,941
63.606
1.510

.

1882.

a,579,709
22,262
383,124
14,441
44,259,100
403,577

C4,743

428.860

29,059
35,262
42,368

218,372
225,169
177,294
6,271
159,309

269,094
239.623
237,814
12,383
123,443

11,940
80,253
3,222
44,643

13,185
104,021
3.585
53,559

1,091

830

31,903

21,531

2,428
11,833

2,770
21.182

307

286

9,861

5,739

£

JULT

29,

:

-In /«««.
1882.
1881.
15,246
12,453

Bteol— Unwrought. tons.
lbs.

363,800

.Into picco goo<l8...y(l8.
Ijiiicn ploco (?oo<l8.. .yds.

7,654,900
3,271,700

Miiclilncry— Steam euclnoa
£
Otlicr kinds
A
Paper— Writing or prlutinpr
cwt.

Other

718,600
0,000,800
4,119,800

09.500
260,051

11,434
220,351

7,257
46,271

6.001
35,187

-7n Six Monllu.1881.
1882.
49.345
92,900
1,709,500
4,028,800
48,486,600 42,102.600
40,534,900 47,847,500

279

except,
piipcr lianglngR.cwt.
Salt
tons.
Silk broaclstufrs
y(i.^.
Other articles ot silk

551

2,601

4,478

120

303

10,332
15,909

10.677
24,442

1,735
132,118
158,298

5,583
103,745
248,247

2,874

3,509

37,500

44,940

Mixed with other ma13,1'
2,9i

—

19,354
7,213

54,039
27,109

8,025

35,726
3,948
3,031,000

Stationery— Other than
paper
£

5,862

Tin— Unwrought ...cwt.
Wool— British
lbs.
Coionial & foreign. lbs.

127,900

224,300

1,560,485

3,015,158

650

being

rugs

54,400

yds.

To

British

755

627,400

106,900

696,700

North America the exports daring the same

51,349,399

50,486,268

Tea, cofTeo, cocoa, wlnos, fruit,
sugar, Ac
29,114,450

Farm pnidnco

-In June.-

Apparel and slops.... £

13,838
70,351

Cotton piece goode.yds.

In Six Monlha.1881.
1882.
66,908
88.447

1882.
12,391

100,326

502,721

Haberdashery and mil-

£

linery

Hardware
Iron- pig

74,109
18,105
5,392
4,571
22,311

cutlery..
tons.
tons.
tons.
Hoops, sheets
.and
boder plates... tons.
Tin plates
tons.
Cast or wrought. tons.
Ijnen piece goods.. yds.
<fe

Bar, &o
Railroad

450,597
90,350
16,402
15,987
45,546

62,717
20,958
9,621
2,403
16,555

1,219
1,472
2,352

1,138
1,065
1,383

447,200
63,025

Bait
tons.
Bilk broadstuffs
yds.
Spirits- British...galls.
Stationery, other than

8,561
27,750
14,963

472,400
77,665
12,899
19,920
15,783

4,729
4,847
7,630
3,374,300
204,564
45,784
177,629
74,285

£

4,097
10.041
390,100
715.000
75,800

3,400
5,181
550,000
1,017,000
140,000

17,704
28,028
2,369,300
3,713,100
870,900

Seed

galls.

oil

paper

Sug.ar. rel'd& candy .cwt

Woolen fabrics
Worsted fabrics.
Carpets

yd.s.

...yds.

& druggets.yds.

The following comparative

612,605
559,463
114,1<.>9

25,435
16,536
34,118

The

figures relating to the

first

Month

mos. end's June 30,'82.
Increase.
Decrease.

end'ff June

30,'82.
l>eorease.

Increase.

£
Russia

£

59,961
17',

'

Portugal,&o

Denmark

2,692

156,472

27,164
291,728

103,904

m.nnia, and Sweden
and Norw.ay
United Sta^s
British Ndnth America

41,790

.

2,195,033
357.103

83, 107

060,393

216,303
368,855

2,558,493

1,379,376

43,226
202,863

China and Hong Kong.
Brazil

230,918
731,564

554

198,492

78,515
171,701
222,200

1,607,796

137,509

323,100

1,775.847

Total

• »,

462,594

462,391

11,824,813
2,331,758

1,313,253

8,970,053

6 Months.
18,804,997 109,308,475
20,118,250 113,278,330

Total Board of Trade returns, 1881

do

1882

Increase In 1882
1,313,253
of the Six Monlhi' Increase in British Exports
of June, 1882.

Summary

Tlie whole of Europe
India, Australia, Canada

Possessions.........

The whole outer world
of

The following

8,970,053
to the 30th
jj3

and British

UnitedStates

As per Board

2,854,758

ilonlh.

,

De

.'

!!!!!!!"!!!!!!!!!!!!

Trade returns

047 010

2.'496.'iil3

2 195 033
l'o3l'397

~£S.970.055

shows the extent of our foreign trade for
the six months ending June 30, as compared with the corre•ponding period of last year:
table

1881.

Exports—

£

Textile manuf.ictnres .ind

yams. 59,1 14,960
Minerals and products thereof.. 2^.359,339
t arm produce or food
3.328,862
Sundry manufacturesleather,

paper,
s.'uldlcry, stationery,
Cniemicals
Uneuumjr.-ited
To'-al

oils,

+ 1,790,581

108,813,636

20ft,6 18,515

+7,804,879

1882.

BuKllsli niarlcet Keporta— Per Cable.
daily closing quotations for securities, &c., at London,
and for breadstufifs and provLsion-s at Liverpool, are reported

by cable as follows for the week ending July
London.

.

Sat.

peroz

Silver,

6l\

d

Consols for money
Consols for account
Fr'ch rento.s (in Paris) fr.
U. 8. 5.sext'n'd into3'a8
tl. 8. 4i33 0f 1891...
U.S. 48 of 1907.. ..
Erie, common stock
Illinois Central

Uon.

Tut).

Wtd.

51%

5115,8
999,8
999i8

5118,8
99i«

eoi'ia 99»i8
9911,8
81-35
80-97^ 80-90
103
103
103

117
12238

41H

I4II4

63 >4
31'4

Liverpool.
t.

41%

n "
10 3
"
white
9 11
Com, mix.. West. "
7 3
Pork, West. mess. .iS bbl. 89
Bacon, long clear, new.. 63
Beef, pr. me.S8, new.|8to. 89
Lard, prime West. ^ cwt. 83
Cheese, Am. choice, new 53

99IS,8 100t,«

9919
80-72
102 13
117
1221a
421a

99''8

81-23
1021a

117
123

41%

140%

140%

138>fl

133%

0319
Si's
139 14

139

32%

Uon.
d.

10
9 8
10 3
9 11
7 3
39
63

89
63
57

I.

d.

13

6

1.

9 7
10 1
9 10
7 3

89
63
89
62 6
57

90
63

89
62
57

3

142
3178

139H
FH,

Thur$.

d.

13
9 11
9 7
10 1
9 10
7 3

911

locija
81-50
103
117
123
4219

63%
31Hi

Wtd.

Tite».

Fri.

52

63 13

13

Cal.

421a

52

111%

6
8

I22ifl

rAur».

14112
63 '4
32'«

$.

Spring, No. 2.
Winter, ^West.,

117

117
123

d.

Flour (ex. State.. 100 lb. 13
"
Wheat, No. 1, wh.
10

23:

I.

d.

13

6

9
10

7

13

9 10

7 2I3
90
03
80
62
56 6

9 6
9 10
9 10
7 2ia
3

O
1

6

6

organized
2,757.— The Second

Xation.il B.ink of Helena, JIo«. AutUnrl7.ed capital,
$100,000. Erastus Douglas Edgerton, President; Alonzo
Euos Buuker, Caslitcr.
2,758 The Exchange National Bank of Atchison, Kansas. Authorized cajiit.al, $100,000. WUiiam Hetherlngton, President W.
H. Iletlierington. Cashier.
2,759.—The Ran Claire National Bank of Eau Claire, Wis. Authorized capital, $100,000. Orriu II. Ingr.»m, President William
R. Coflln, Cashier.

—

Imports and E.woets fob thb Wbbk. The imports of last
week, compared with those of the preceding week, show

an increase in both dry goods and general merchandise.
The total imports were $11,443,209, against $10,152,471 the preceding week and $7,570,274 two weeks previous. The exports
for the week ended July 25 amounted to $7,626,589, against
$6,728,132 last week and $8,025,017 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) July 20 and for the week ending (for general
merchandise) July 21; aho totals since the beginning of first
week in January
FOBEIOX IMPORTS AT !I<W TOKK.

£
60,260,287
33.379,109
3,855,158

1879.

Dry goods
Geu'l mer'dise..

Total
Since Jan.

14,707
4,353,706

.«1,8

1880.

1881.

$3,053,8 49
6,514,628

$2,121,400
5.275,630

$3,319,701
8,093,508

1882.

$6,163,413

$9,563,477

$7,397,030

$11,443,209

Dry goods

» 17,9 19,657

Gen'l mer'dise..

121,763.103

$72,020,036
212.911.134

$59,620,760
173,874.913

74,430,391
208,971,947

1.

Total 29 weeks $172,685,060 $284,931,220 $238,495,673 t283,402,338

In our report of the dry goods trade will be found the imports
of dry goods for one weeklater.
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 25, and from January 1 to date

BXPUBTS KROK NEW TORE FOR TUB WEEK.

Inerea>:e or

1879.

Decrease,

+ 1,145.327
+ 5,020,160
+ 526,596

For the week...
Prev. reported..

$6,512,830
172,097,351

1880.

$3,633,213
216,152,520

1831.

1882.

$7,163,110

«7.6-26,539

20ii.215,712

173.303,246

Total 29 weeks M78,610,181 $224,835,733 i213,703,852 {180,934,835

books,

Ao

+2,611,446

The

For Week.

Netlnorease
IT,

&c

hides,

;

73,S3S
2,836
44.023
249,994

781

Greece, Austria, Eou-

rr.,.

13,681,761
20.346,508

,

Sundries, timber, tallow, ivory,

;

8,730
88.213

Italy

Leas decrease.

—2,102,303

11,040.315
18,855.917

.,

—

481,331
887,327
135,502
786,983
1,070,770

62,859

Ac

UneuuDierated

+ 906,387
+ 781,130
+01,096
+ 237,199
+ 243.931

National Bakes,—The following national banks hare beea

£

188,826
49,401
3,173
5,469

Germany
Holland
Belgium
France
Turkey

Japan
Other sniali States

27,105,153
2,142.514
1,125,713
2,780,588
1,842,480
19,001,314

eleven countries included
of our export trade

Australia

1,034,617
2,513,389
1,598,558
21,100,817

1,:16I.384

Sat.

table

list

British Possessions
India, &o

26,199,760

Hemp

229,513
50,950
194,537
97,235

:

Spain,

1706.387
+734,523

materials—
Cotton
Flax

Philadelphia A Beading.
New York Central
137^8

show the extent of the variation
with the Continent of Europe
in the

+1,177,11«

9,856,037
7,256,938

Kaw

5,703
3.936
5,309
3,094,300

shows the increase or de•rease in the export trade of the United Kingdom during the
month of June, and also the six months ending Jane 30,
1882.

30,291,566

paper, glam, Sio.
Cliomlcairt, drugs, auddyewarca

Pennsylvania

22,190
30,307
3,103,300
4,303,000
1,083,400

- 863,131

0,150,550
0,522,415

Snndry manufactures -

Silk

+ 223,771
+ 1,237,73«

0,25.5.187

Oeneral food and consumption-

periods were as follows:
1881.

Inereateor

£
11.472.379

Uaonumeratod
40,833
4,026
2.016,500
7,377.3.34 11,470.803
1,886,700
2.888,300
12,405,300 16,408,500

yds.
214,500
444,400
yds. 1,017,900 2,418,800

not

135,782
30,454

1882.

n

Wool

terials
£
,
Spirits
Britislt. ..galls.

Woolen fabrics
Worsted fabrics

1881.

Importt—

Textile manufactnrAs and jami. 11 ,248,603
Minerals and products thereof.. 8,017,451

Jute

£

oni,v

123

I.,oather, oils,

kln<ls,

Carpets,

:

THE CHRONICLK

1868.]

JuWynrn

:

+ 394.170

5.0.17,579

5,931,749

2,825,933
10,641,800

•2,7.33,037

-92,893

12,118,500

+ 1,476,700

109,308,475

118,278,530

+8,970,035

The following table shows the exports and imports of specie
at the port of New York for the week ending July 23, and
since Jan. 1, 1382 :

8

:

.

;

THE CHRONICLE.

124

it became necessary to show that the cost of transporting
freight between New York and Chicago was or ought to bo less than the
cost between Philadelphia and Clucaito, or Baltimore and Cni»ago. or at
least that it was not greater. But upon tiiis pi.int, unfortunately, the
inforniiition that was produced before na did not appear to be very precise or very accurate. The expressions of o'llnion wereiudced clear and
strong, but they wore generally supported ))y argument and inference
ratlicr than Dy evidence. • • »
" We are without reliable information by which to apply the cost principle in the regulatiim of charges of transportation V)etwecu the
Atlantic cities and the interior, and we cainot say that the application
would be to the advantage of New York. Prima facie the case seems to
be against New York, especially when the Pennsylvania Railroad,
whlcli constitutes one of Its most Important IItics, la taken Into the
account. • - " It only remains for us to state that no evidence has
been oflferod before us that the existing differentials are unjust, or that
they operate to the priyudlce of either of tlie Atlantic scnport cities.
Difi'ercutial rates have come into existence under the operation of competitive forces; they bear some relation to relative distance and relative
cost of service they reioguize, as we think, the relative advantages of
the several seaports, and they are subordinate to the great principle
which compels the carriers of property competing between the same
points and offering e(iual fiieillties to their customers to mai»e the same
rates. We therefore cannot advise their being disturbed.
" But we do not assume that the rates which are just to-day will be
Just indefinitely. They have become estal>lished by tbe force of circumstances, and they ought to give way If future circumstances shall be
such as to render it right and proper."

Imports.

Export:
Week.

IShieeJan.l.

Week.

J753,GOO $27,803,271

GrratBiitoln
FraDce
Oeniiany

2,526,150
83.160
6,088

West ludlcs
Mexico
Boutli America
All other couutrlea.

«1 ,497,41

T*tal 1882..
Total 1881.
Total 1880..

24,867
7,854

ailver.

$222,000

Great Britain
France

Germany

931,344.587
310.800
2,096,741

$15,419

$633,5-'6

31,r.80

28,330,548
1,909,928

545

1,542

$26,279
1.027

95,617,456
721,000
48,500

128.0114

57,021

12,653
18.032
6,361
4,811
3,779

$6,473,977
6.188,725
2.928.088

$45,636
21.148
7,184

$1,444,481

All other countries.

$222,009
122,200
73.227

$104,998
401
232
201.471
92,659
217,518
16,297

13,902

West Indies
Uexico
Boiith America
Total 1882.
Total 1881.
Total 1880.

972

SitieeJan.l.

130,000
795,918

20.000
723.818

XXXV.

Ncw York,

BXPOBT8 kXD IMPOBTS OF 8PB0UI AT MBW TOBK.
OoM.

[Vol.

;

820,247
371,389
76,468
21,067

—

1,696,-271

Rutland Railroad. FoUovring is the report of the Rutland
Railroad of Vermont, presented at the annual meeting " The
financial condition of the corporation, as appears bv the books
of the Treasurer, July, 1882, is as follows Debt— Construction

3.09S,206

:

Of the Above imports for the week in 1882, $1,200 were
American gold coin and $23,179 American silver coin. Of the
exports for the same time, $780,100 were American gold com
and $& American silver coin.
Cable Compiiny.—In London, July 22, the prospectna was
issued of the Baropean, American, Canadian & Asiatic Cable

:

account, $9,025,330 53 real estate. $115,925 87 ; Addison Railroad stock, $332,800; rent due and unpaid, $11,500 ; cash, $34.604 59; total, $9,520,160 99. Credit— Capital stock, $2,480,600 ;
capital stock, preferred, $4,000,000; mortgage equipment bonds,
outstanding. $2,700; first mortgage bonds, $1,500,000 five per
cent mortgage bonds, $1,500,000; scrip outstanding and in dispute, $29,654 99; coupons unpaid, $7,206 ; total, $9,520,160 99.
re
and payments Receipts— Cash on
annual receipts
»tatementoi
Statement
of annnai
re^n^^of roa^ds,^ «2')8" 000- rent of
Igl,
hand
;

Company. The capital is £1,500.000. The company proposes
to work at a, nine pence per word rate. The prospectus provides for the establishment of necessary land and water commuDications for connecting pomts in Canada with New York
July.
cityonthe„one side and for laying the company's cable f-m
^^$78^^^^^^^^^^
f^^^l^^^feoMei
Canada to Europe on the other.
Addison stock,
on
dividends
discount,
$5,100— $1,600;
Central Pacific— At the annual election of officers of the $9,084 total, $348,990 12. Disbursements— Coupons first mortCentral Pacific Railroad the following gentlemen were elected gage bonds. $101,702; coupons five per cent bonds, $77,571 50 ;
directors Leland Stanford, C. P. Huntington, Charles Crocker, rent of Addison Railroad, $15,000; dividend August 15, 1881,
C. F. Crocker, W. V. Huntington, E. H. Miller, Jr., and E. W. 60,000; dividend February 15, 1882, $10,000; scrip, $3,020 89
Hopkins. The officers were re-elected.
equipment bonds, seven per cent, |1,000 interest on bonds and
$3,113 03; salaries and miscellaneous expen.ses, .$7,075 57 ;
Hnmeston & Shenandoah.— This road will be completed and scrip,
taxes, $5,902 54; cash on hand, $34,604 59; total, $348,990 12.
opened for business about Sept. 1, 1882. The road runs from
the year past, $40,000 of the first mortgage bonds have
Humeston, la., to Shenandoah, la., and is being built jointly During
been stamped down to six per cent, leaving only .$3,000 now
by the Burlington and Wabash railroads. It will give the unstamped. Since the last annual meeting two of the board of
former an additional line through Iowa to Pacific Junction, and
directors then elected, Messrs. James H. Williams of Bellows
to the latter a more direct line from Chicago to Council Bluffs
Falls. Vt., and George W. Gill of Worcester, Mass., have been
than it now has.
removed by death. The vacancies thus made have been filled
Railroad Differential Rates.— The advisory commission by the board by the election of James H. Williams, Jr., of Belappointed in January last, consisting of Messrs. A. G. Thurman, lows Falls, Vt., and Henry M. Whitney of Boston, Mass. A
B. Washburne and Thomas M. Cooley, have made their dividend of $] per share has been declared upon the preferred
report on the subject of the existing differential rates trom the stock, payable September 1, 1882, to stockholders of record
west to seaboard[ cities. They conclude that these rates are August 15.
virtually a compromise and are established neither on the basis
—The Union Mutual Life Insurance Company of Portland,
of distance nor cost, and that for the present they seem to
is one of the large and prosperous corporations of
report of be fair. The following extracts are made from the Maine, which
have just moved into their new and elegant
England,
New
committee
extended the
"Before the improvements
says
The Portland
offices.
" Three distinct views of the differential rates were taken and urged
company's assets at
before us, which may be shortly stated as follows The New York view, were made the building stood in the
Improvements will cost about $55,000 more. The
that the differences made in the rates in favor of Baltimore and Phila- $50,000.
delphia were wlioily wrong and should be abrogated; the Baltimore rentable portion of the building will be about $4,300 per annum.
view, that tlic differentials were right in principle, but if anytliing too
per
mall the Pliilndclphia view, that the differentials should continue, but Assuming the building to stand at $105,000. it will equal 4
that thej' ought not to tliscriminatc as between Philadelphia and Balti- cent on the investment, an amount that the law of the State
more. In the interior we encountered much difference In opinion, but requires the company to earn on the average of its assets. So
no views distinctively peculiar. • « •
portion will be
" It seemed to be taken for granted in the arguments presented to us that on this basis the rent of the company's
only the expenses of maintaining the building. The Union
that the existing differentials hud not been determined on any princi
pie, hut that they were the result of a compromise between the railroad
Mutual Life Insurance Company was chartered by the Legisla'
'—
'
•— '—
companies, whereby
they >--^
had purchased peace between
themselves.
the State of Maine July 17. 1848; commenced bu.sines8
Three different principles, however, wore suggested by different parties ture of
and up to January Ist, 1882, had issued over
as those which should control, and these found advocates indifferent October 1, 1849
localities according as, it waa thought, those localities would be favored
seventy-four thousand policies. It has paid to the widows and
by their operation respectively. These three principles may bs desig- orphans and beneficiaries under its policies $6,876,901, and has
nated respectively The distance principle, the cost principle and the
policies and
competive pi iuciple. It Is, however, proper to say that those who advo- paid to surviving members under endowment
;

:

|

;

:

;

R

:

:

:

•

j

'

;

:

cate the flrat and second of these principles generally agreed that the
third should not be discarded, but that it had its legitimate place and
must have its legitimate influence also. Brief notice will be taken of
these three principles respectively.
'•
It was contended by the commercial representatives of Philadelphia
and Baltimore that freight charges on like classes of freights between
tho interior and the seaboard cities ougbt to be proportioned to distance.
We understood tlicm to mean by this that the shortest line from Chicago
to each of the Atliintic cities should be taken as tho standard for meas'%iring the freiglit charges between Chicago and that city, and that the
charges for all the cities should then be determined by the mileage. By
referring to the accompanying note it will be seen that if the mileage
tandard were adopted the freight charges between New York and
Chicago would bo about 10 per cent greater than those between Philadelphia and < hicago, and aliout 13 per cent more than those between
Baltimore and Chicago. Thoi-e between New York and Cincinnati
would be about 28 per < eut more than between Philadelphia and Cincinnati and about :)8 per cent more than between Baltimore and Cincinnati. Accordli.ir to the average rates on grata and provisions this year,
tho differentials have only been about62) per cent In favor of Phihidelpniaand loper cent in favor of Baltimore; and the distance principle would, therefore, on an average, increase them greatly. It was
urged that it was by this princlide that tho several roads, constituting
a competing line, are accustomed to upportiou their Joint charges, ami
tliat these ve y trunk lines adopt it in dividing the charges iipon'through
freights with the roads fri
wliich they receive the freight or to which
they deliver it. The New York representatives, on the oiher hand, contended that the distance piincipic could not with any Justice control,
for the reason that distance docs not measure either the cost or the
value of the service; so that if ailoiited as the standard of charges it
would be an ai biirary standard, and the element of equity in the rates

m

would be riistegardcd. • • •
"New York parties who rejected the distance

principle were inclined
to favor tbe grading of rates by tlie cost of service; and if this were
done, they claimed that the differentials would disappear altogether.
» * • To show that the cost principle would be to the advantage of

annuities $2,428,089. It has returned to its policy holders in the
-_ dividends $3,996,441, and for surrender and lapsed
way of
policies $5,267,284. The total payments to policy holders have
been $18,568,716. During the past week agents have brought
in over a quarter of a million dollars of new business with
them, which added to the two millions already issued, made a
very handsome half-year's work."

....

—The Pullman Palace Car Company has declared its 60th
quarterly dividend of 2 per cent on the capital stock,
payable Aug. 15 to shareholders of record Aug. 1 at the
Farmer's Loan & Trust Co.'s office. New York; New England
Trust Co.'s office, Boston, and the company's office, Chicago.
Transfer books will close Aug. 1st and reopen Aug. 16th.
—J.

& W.

Seligman

&

Co.'s

Amsterdam house placed about

$1,000,000 of the consolidated bonds of the St. Louis & San
Francisco at 97>6. This insures the completion of the road to
Port Smith at once.
—The attention of investors is called to a limited amount of
first-class 7 per cent railroad bonds now advertised in our columns by the well-known house of Gargialo & Co., this city.

Auction Sales.—The following were sold
week by Messrs. Adrian H. Mnller & Son:
Shares.

10
30
22
15

I

Leather Man. Nat. Bank..l6,5is
427
U. S. Trust Company
N. J Zinc & n-ou Co
Real Estate Tiust Co

69is

54

Boitdii.

$1,000 Brooklyn City A Newtown Bailroad Company
first

I

at auction this

16,90

mortgage

78, due
107»iandlnt.

.

Jolt

..
.

.

:

THE (CHRONICLE.

29, 1882.J

DIVIDENDKt
Tba roUowlaic

dirldenils

have reoontly been aunonaoed

Ifame of Company.
** allroads.
Codar Rapids & Mo. Riv.

Do

(quar.)

Connecticut

i Chic.

.

pref

I>o

Ciiin. Iiid. St. L.

A Clilo. prof,

When
Payable.

$1 50 Aug.
.$3

(quar.)..

50

(quar.)

1^

Louisiana &. Mo. River pref
Mar. HoUKh. & Out. pref
N. Y. Prov. & Bos. (SCou.) quar...
Rutland pref
Terre Haute it [ndiaQapolis

31a
4
2

Kan.

C. St. L.

•¥l

Sept.

4

Aug.

Booke Oloted.
(Days inclusive.)

New York

5

National Exchange

3>«
2>«

Paolflo (quar.)

Aug.
Aug.
Aug.

7
'

3hs

Importers' & Traders'
Westchester Fire
mscollanc <n«.
Cal. A Ch. Canal Dock Co. pref.

3
5

Aug.
Aug.
July
Aug.

Interest

July

July

July

Periods.

22:

247

25.

July
26

1

1
1

15 July 26 to Aug. 5
10 Aug. 1 to Aug. 10
1 Aug. 16 to
1

1

July 23 to July 31

1
1

Initarauce.

Broadway
Exchange Fire,

;

IS

Hanks.

Com E.tchangs

United States Bonds.— Government securitiee have fluctuated from day to day, according to the demand for one olatw
of bonds or another, and now tho interest of holders will be
concentrated on the transactions of August. Different from
the old metliods, tliere is now to be a sort of " trial by Post
Office" to see who can gain precedence in oljtaining 3 i)er cents
first, in order to have tnem called in last
here literally " tho
first shall be last and the last first."
The closing prices at the N. Y. Board have been as follows:

July 16 to
July 16 to

AufT.

July
Aug.
Aug.
Aug.
Aug.
Aug.

1»3

3

Pa^s. Rivers

<%

Per
cent.

125

continued at 3>s..
continued at 3>3..
1891
reg.
ms. 1891
ooup.
68,
5e,

J.

4»«8,

t

1907

A

J.

.-Feb.
.-Mar.
C ,-Mar.

'102'4 •102
102 •I01%M01\ •101^
101^ •lOlik lOlHl 10I>« 101% 101%
•114% 114'8 • 115 'Ill's '114% •114%
•114% 1)5
11478l'll4% •114% •114%

reg. ( .-Jan. •I20»8

120"li

120 <%
•130
•130
•130
•130
•130

4
&
A
A

1

r20i>8 "120:^91

12008,'l2i.38
• l.SO
• 131

132
• 133
' 134
•

•This Is the price bid at the rauruiug board

1

July

277

'

<.

4B, 1907
coup. C .-Jan. 120i>g
68, eur'cy, lSf>5..reg. .1.
J. •131
6s, cur'cy, 1836.. reg. J. <fc J. •132
Ss.our'oy, 1397. .reg. J.
J. •133
68, our'ey, 1898.. reg. J.
J. •1,S4
68,oiu''o.T, 1899. .ree. J.
J. •135

Is,

July

:

'130
•130
•130
•130
•130

120=8
120>a

130

131
132
133
134

1201*

120%
•ISO
•131
"132
'133
•134

no sale was made.

20

State and Railroad Bonds.— Dealings in State bonds have
been quite limited and the Tennessees are quoted to-day 57-58.
Aug. 15 Aug. 1 to Aug.
3
The delay in issuing new bonds for the old has checked transIowa R. R. Land (quar.)
Aug.
1
$1
Pullman's Palace Car (guar.)..
Aug. 15 Aug. 2 to
actions in these bonds, and after the market is well supplied
2
the new issues we look for more activity.
NEW YORK. FIllUAY, JULY 3S, ISS'i-S P. M. with
Railroad bonds have been strong and active in the whole
The Money Market and Financial Situation.—There was recent movement, and the lower classes of bonds which are
a shipment of $1,500,000 gold this week on Italian account, carried on speculative account like stocks have been lively.
but this is looked upon as among the last sliipnients this Erie seconds sold to-day at Q8^i, Wabash generals at
season. There may be, of course, some check to our export 86>4'@87J4', Louisville & Nashville generals at 95, M. K.
trade, or some stimulus to imports of foreign merchandise T. generals at 881-^, and Denver & Rio Grande consols at 102%.
not now foreseen, but according to the usual course of events, Philadelphia & Reading general mortgage bonds sell in Philathe exports now ought largely to increase and the exports of delphia at 96(@963'4, s-tid considering the new money back of
specie should stop. The London Economist looks forward to these bonds and the lien that they have on the whole Philadela renewal of specie shipments from London to this country phia
Reading property, both railroad and coal lands, it is a
during the autumn as rather probable than otherwise.
question whether there are any of the prominent low-j)riced
The stock market remains very strong considering the ijonds in the market which have a better outlook for ultimate
large advance which has been made in three weeks, and it safety. The holders have taken 9 per cent interest on these
becomes a serious question for customers to consider wliether lx)nds in six months, and this may account for their price teing
it is not iDest for them to realize a handsome profit, where they
rather stationary. It is very doubtful whether tlie terms of
have it, and go in again when and where they see a good the mortgage permit the company to pay these bonds before
chance. It is not our desire in this report to give any positive maturity, as Mr. Gowen proposed, and in these days holders
advice, and indeed it is impossible to do so in a general way, will scarcely be willing to give up at par a six per cent gold
where tlie position of different parties in stocks varies so mortgage bond due in 1908.
widely but it is not improper to suggest that where a sure
Railroad and Miscellaneous Stocks.- The stock market
profit of 5, 10, 15 per cent has been made, it is more frequently
safe to realize than to hold on for the very top of during five of the hottest days on record has lieen well susthe rise. There is no great liarm done if the market tained. The reactions which have occurred have not amounted
does go higher, and the most unreasonable thing a stock-buyer to much, and where particular efforts have been made to decan do when he has a snug 10 per cent stowed away, is to cry press one stock or another, there has been a stout, and usually
over the other 5 per cent which he might have made if he had a successful, resistance. The public have been strong purchasheld on. It is freely admitted that this suggestion may not be ers, and in the early part of the present buoyancy it was said
applicable to aU stocks but take a look at the list and observe that general buyers took stocks so freely tliat some of the
the advances which have been made in about three weeks, larger operators were out of stocks in a short time, and aftersince the 5th day of July. The rise has unquestionably been wards became bearish in order to get in again. There may be
large, and there are many parties who liave a very handsome some new combinations arising from tlie sale of the Indianprofit already to their credit.
Such stocks as Lake Shore and apolis & St. Louis Road, wliich, it is supposed, will go to the
Michigan Central have bounced upward just prior to the open- Cleveland Columbus Cincinnati & Indianapolis. On Tuesday,
ing of opposition lines, and whether or not those lines can divert August 1, the Galveston Houston & Henderson road is
much business, the opening of tliem is likely to have some noticed for sale, and it is supposed that Mr. Gould
efifect.
Again, in judging of the dividend capacity of a certain will take this and make it the main line for all his roads into
road, its record sliould be taken for a series of years and not Galveston. Ontario & We.>*tern is strong on the proposed sale
of bonds to its stockholders. N. Y. Chic.
St. Louis stocks
for a single year, for it is plain that neither 1880-81 or
1881-82 would give a fair sample of railroad business, and bonds have been strong, and at present prices there is a
the first of those years being exceptionally good and the last very large profit to original subscribers, who certainly have
in some respects exceptionally bad.
There is the Southern some inducement to sell. To-day there was less business, and
Pacific new route very soon to be opened from El Paso to Gal- prices were in some ca-ses lower in consequence of the oppresveston and New Orleans, and however liarmonious on rates, sively warm weather.
there must be competition with the Texas Pacific on through
Foreign Excliange. The market has been quiet, and the
business the same ton of freight cannot count on both roads.
The new line of the C. B. & Q. has just been opened to Den- tone not usually strong, although the shipment of $1,.500,000
gold took place on Wednesday. There will soon be a conver, and its effect on other lines has not yet been tested.
About 5,500 miles of new road have been laid in the U. S. siderable amount of borrowed commercial bills to te returned
since Jan. 1, and in the course of time, if the business does not or replaced, and it is proliable tliat they will be replaced by
grow as fast as the roads, it is evident that tlie effect of com- t)ills to be drawn later. To-day the actual rates for prime
bankers' 60-days sterling were 4 85(34 85i^ and for demand
petition will be felt.
89i^ and prime commercial
The money market lias been easy, but the rate on stocks has 4 88!4@4 883^, with cables 4 89@4
sometimes been quoted up to 5 per cent, probably owing to the bills 4 831^4 84. The actual rates for Continental bills are as
undesirable collaterals offered. On all Dusiness 2(ffi5 per cent follows: Francs, 5 193o(a5 18%: and 5 15; marks, 943^(394%
and 953^(3951^; and guilders, 40i^(a40%.
for call loans has been the range, and on prime commercial
Quotations for foreign exchange are as follows, the highest
paper of two to four months 4 to 5 per cent is quoted.
The Bank of England statement on Thursday showed a de- prices being the post«d rates of leading bankers:
crease of £321,000 in specie for the week, and the percentage
of reserve to liabilities was 39 5-16 against 40 3-16 the previous
Sixty Days.
Demand.
JulySS
week the discount rate remains at 3 per cent. The Bank of
4 881434 89
France gained 8,000,000 francs gold and 1,661,000 francs silver. Prime hutilfors' sterling bills on London, 4-^51434 86
ci»uimercial
4 84 34 84>< 4 >»7 94 874
The following table shows tlio changes from the previous Prime
4 831294 84
4 86'a94 87
Docuiunu tary oojameroial
week and a comparison with the two preceding years:
Paris (fr mca)
o 193885 le's 5 155895 13%
40143 40i«
40 9 40I4
im.stordam (g liidcrsi
9538 9 95^
Hi-wnoii
94>3» 95
or
(r«iehmftrks)....
1882.
Frailly?"!!
DifTerncetfr'tn
1881.
If- 80
1

.

. .

A

&

:

;

*

&

—

;

;

,

July 22.

previous week.

Loanaanddls. $330,102,700 rne
Bpeole
Clrealatlon...

et deposits

Legal tenders.
Legal reserve.

BeMTve

held.

Bttrplus.

.

July

2;f.

July 24.

$349.2 10.5.)OlS294,5 7.8 DO
81,401.4001
69.058 900
19.18.'..3')0
19,463 5W
352.6.58. 80J 291.270.000
21,5«J,loo pec.
463,500
16,752.000
20.351.2.10
$80,715,800 Inc. «314,850 $88,164,700 $72,817,500
88.8U.700Deo. 2,146.200
98.243,400
69,410,100
.$.".,.356,.%0O

Coins.

—The following are quotations in gold for various coins:

1

64,2.11.000 Dec. 1,677,700
IH.KiO.OOll Dae.
15,41)0
322.8n:j.20o;ino. 1,259,400

$8.093.900 Dec.$2,4B7.050l $10.078,7001 $16,5»2,60«

'overelgns
$4
Vattolaons
3
S i Relchmartcs. 4
3
S Guilders
^UiUl'UI)<>ll!)loons.l5
NIex. l>uubluons..l5
?'ine silver lmr.s ..

rioe xold bars
ojl^^jl i "a dlmeV.

1

36
85
74

96
55
50

3fl 90

»
3
3

3

S'l

1 78

4 00

*15 70
915 «5

V3%»

1

1414

I>ar9i4preui.
- tt^t!
KacT
'.Ll

**.. V.

m

0--

— 99%9 par.
— 93 « — 95
— 89 9 — 89%
Do unoi>mmero'I. — 87 a — 38
EnirllsU silver.... 4 77 a 4 84
Prus. silv. thalers. — 68 » — 70
99149 — 99^i
U. S.lr.'vle doUars

SUver

>4.s

and

i«s.

Five francs

Mexican

U.

S.

dollars..

sllTerdoUars -

99% 9 par

-'

.

11

.

THE (7HR0N1CLE.

126

RANGE

AT THE

IN FRL0B3

EXOHANGB FOR THE WEEK, AND SINCE

N. Y. STOCK;

DAILY HIGHEST AND LOWEST PRICES.
BTOCEB.

Albany

Satnrday,
July 2'2.

July 24.

KAII.KHAnA.
A suaouehanna

Wednesday, Thursday,
July 26.
July 27.

Tuesday,
July 25.

Monday,

Canada simlhem
Cedar FallnjL Minnesota
Centra'' Iowa

77

77
78

77 >4

73

78ia 78>9

OiU

OS's

85
26

65 's
30
29't 30
HiH 85 >4
93 '4 95 "4
ie^t
26
38^4 40

25 >4 23 "4

77

63 la 6514
30
SO

3OI4 30%
81»8 85>a
85
Central 01 New Jersey
9514 961a
03
Central I'aclllc
27
261a 27
26
Clieaapeake <& Ohio
aih 391a
37=4
38
»B
Istprel
uo
27=4 28I4
28
27'ii 27'3
27
2d pr«(
Do
139 140^1 139'al39>a 139 140
Chicago <t Alton
i^,
134
13413
135
14 135
134
134
OhloaKO Uurllngton <)i Qnincy.
120=4 1221s
Chicago Milwaukee & St. Panl 118-8ll9'4 1191412114
prel 133»4 133»4 133=4 134=8 134 '8 136 1«
Do
134 13434 13514 1361a 136 I38I4
Chicago & Northwestern
148I4 149=4 151
151
pref..
Do
Chicago Rock Isl. A Pacltlo.... I3314 13313 I33I4 I3312 1331313414
•79
81
Chicago St. L. & New Orleans.
50=4 521a
60
47
501a 521a
Chicago St. PatU Minn. & Om. 108i«109'4
llUisllO's IO9I3III
prel
Do
58
58 le 5858
Cincinnati Sandosky A Clev...
91 13 92=4
9913 92
92
89
Cleveland Col. t'ln. & Ind
Oleyeland <t PiltBtinrg gaar...
821)
92^8

—

291a
79=4

75
73
78
Columbia A OreeuTllle.jirot...
15=4
16=4 17
Columbus Chic. & lud. Central 15=4 IT
140
138
138»8
West
»8
1381a
Lackawanna
«&
134
Delaware
61=4 62'8
621a
631s 644
Denver A Itlo Grand©
9II4
91 13 Oi
871a 91
Dubuque A bioux City
11=4
12»9 13
12 la 12=4
Bast Tennessee Va. A Oa
2OI3 20=4
20
pret.
201a 20=4
Do
13
131a
Green Bay Win. A St. Paul...
85
•85
•83
90
90
Joseph
St.
Hannibal A
88 's 891a 88 14
89 14 90
pref
Do
90
ro
89=4 9OI3
83
Honstou A Teias Central
Illinois Central

Indiana Ulooiu'u A West., new
Keokuk A Des Molues
prel.

Lake Erie A Western
Lake ahore
Long Island

41
40
39=4 41=8
89
115=8ll6ia llQiall?
116
58
56
6G
551a 50
19
191a 211a
Louisiana A Missouri Bivijr
73I3
7414 75
71=4 741-j
Louisville A Nashville
05
72
73
68
63
LoulsviUe New Albany A Chic
53 14
52=4 63 14
53
53
Hanhattaii
90 91 90
»90
latprel
91
Di
23
23
22=8 23
23
Manhattan Beach Co
Marietta A Cinolnnatl.lst pret
5913

5913
<84

97
53
34

86
99
54

60

84
98=4
53=4
34=4
7OI4
38=8
105=6
23>a

77

0213

64 14

80

64%

64=4

I

82=8

96% 97%

25 14 23=8
39

•38

28%

•27

141 141
134 14 135

120% 121%
134=<
134
1367el37=t
150=8 15078
133% 13378

58
89
139

15 14 10
15=8
15=4 16
137=8 13ili4 13714 13878 138
6278 64 14
62 =s 64
627a
651s
•91
91 13 92 S,
91% 94
911a
12
12=4
Ilia 12=B
11=4 12%
20 14 20% 20% 20%
20=4
20
12%
12=4 13
lO's

85

90

68=8

90%
139

16%
139%
64%

04%
12%
20%
12%

83

90

-85

52

60

110% 111

140

90
89

137=4 138=4
46=4 47%

45
43 Is
42
42% 44
117=s 114%116i4 113 78 116%
66 14
56
56
66
661a

115%117
66% 56 14

88

20
77

63 14
91
2313

73% 73
72
•33
14

5%

60
86

68% 58%
84% 84% 84

99=4
64=6

9778

99=8

54% 55
34% 35 14

73=4

64

90% 90%
23

23
14

73%
70
.i3
•90

75

72%
54

91

23% 23%

43

437,

74%

7378

73

7.{

58

68
34% 86 -34% 36
8.
96=4 98=4
97=4100% 99% 100
51% 55=,
54
54% 54% 64
35
3t
35
31% 33% 34
71
70% 71
70% 71% 70

.

A

58

Iron

48

Paclllo Mall

47% 47 'e
129% 129%
89% 90%

PnUmau

Palace Car
West. V nion Tel., ex-certific's.

Adams

EXi>UE!i!9.

'139

American
United States
Wells. Fargo A Co
COAI, AND !>IININU.
OODSoUdatlon Coal

HomCHtako Mining
Little Pittsburg Mining
MarinOHa Land A Mining
Maryland Coal

Standard

Central Arizona Mining

49

140

94

95

•74

130

76
130

•33

35

68

-2

49%

47=8 43

90% 91%
140

140
94
94
•74% 75
130 130

57

48%

147% 149
47=8
89=4

139
94
74
130

48%
01%
140
94
74
130

4776 4773

131%

132=4

89% 90%
140

50
49

57
50

118% 116% 118

140% 146%

116% 117

116=4
43=4 48=4

48%'
149%[
*7%! 46=4 47
130% 130%' 132 132

47
149

46=4

8378 3978'

140
95

139%

132

123

•1)4
94%
76% 75% 74

128

89% 90%

1.39% 140

96
76
128

95
•74

129

Iftxoelslor

Apr.
125% Apr.
68 Mar.
29=4 Feb.
97 % Feb.
44 Mar.

10
18

65%Jun6

7
7

133
61

,

12% 12%

12% 12%

12

12

60

60

60

60

8

23
24
fl

Jan.

37%

Jan.

6

17=4

17=4

17=4

17=4
SB's

36% 36%

36%

12%
•49

17%
35%

51
17=4

357,

11=4
•47

17% 17%
35% 357,

Apr. 15

82

28,895
10S,3J5
1,4(10
1,0011

102,705
4,254

100
1,000
7,100

300
64,382
4,800
11,723
9,710
93,972
49.695
3.059
1,016
15.700
35,125
26,815
20,175

94
16

June 12
15% June 7
8

20%
16
110

Feb. 13

8
90
76

Mlninc.,
«TA„„„nt MlnlnT...

1

Sz-privUege.

337,

20=4

32 =< 48%
367,
23
166
127

133% 182%
101% 129%
116=4 140

136

117

131% 147%
129
148%
88

40

33% 51
91
109%
41% 68%
101=4
81
127 14 142

7

95%

82

32',
131

18=,

229
4,045
36,490

8,740
67,700

30
2.200
17.870
19,100
77,600

300
1.900
1,090
3,710
6,300

563
100
400
8,975
183.937
3,100
1,050
41.765
2,136
48.623
82,823

76% 88
13

90=4 Mar.

9
3

4,600

21
33

23
44»,

39=4

52T,

80% 96%
164% 190

28

25% 43%

11

63

23
28

32=4

14

21
35

18

70
51

64% 88%
377,

80

97% 126

18
37%
83
89 July 28 64
204 May 9 190 200
39=4 July 26 27% 57%
74%
67% Jan. 7 50
13H
May 13 127 142
146
140 Jan. 17 130
80
35
40 Jan.
250 Feb. 7 99% 171
174%
63 Feb. 15 122
60
36% Mar. 22 22
50%
40 July 25 22
77%
20% Mar. 8 43=4 Jan. 16 39
143=4
55 Apr. 20 92 Jan. 16 83
55
33=4 June 13 46 78 Jan. 23 39
81%
43 Mar. 8 G6''2 Jan. 26 55
90 115%
79=4 Feb 21 106% Jan
42%
28 Feb. 15 39 July 18 26
89%
68 Jan. 19 90 July 19 70
108% Jan. 26 144=4 July 19 83 113=4
34% Mar. » 55 July 23 411.. ' '%
4, 4
May 17 31 July 26 30
17
38
10% Feb. 15 19 July 21 15
106% June 10 119=4 Jau. 16 105% 131=4
43 Mat. 22 62% Mar. 24"
33% 60
23% June 10 39 July
4578June 9 71% Jau. 14 641, 96%

12 June
60 Jan. 30
165 July 28
25 June 9
51 % Mar. 1
130 June 27
131% July 20
16 May 25
96 July 7
tl7
May 15
22=4 June 8
20 Jan. 3

23%

Jan. 16

"

'.J

185 131
215 90
33 70
226 125

3.50

14
14

110% Mar. 28

837 31 Jan. 23 60
2,500 38
Mar. 13 5378
34.220 102=4 Mar. 13 118%
310 S7 Mar. 17 49%
1,007 128 Jan. 31 149%
16,785 37 Apr. 24 48 >4
1,310 117 June 5 145
142,782 76% Mar. 11 93 %

1,260
1.000

113%

July 27

09,964 33i4Juue 7 43% Jan.
2,165
Mar. 8 85 Jan.
67
170 168 Feb. 17 180 May
40.850 20% June 9 317a July
3,090 44 % Mar. 8 58=4 Jan.
103.245
28=4 Mar. 9 50% July
87,718
66=4 Feb. 23 90% July
27,473
ll%June 7 25% Jan.
5,510 27
Feb. 23 42 July

Feb. 14

Mar. 30
July 23

74%
67
89% 115%
31
35

49

Jan. 10 30
July 27 134
July 11 39
Jan. 18 120

Mar. 28

190

62%
15)

92

77

May

153
19 149% Jan. 10 120
Feb. 18 97 % Feb. 23 62% 98
June 8 80% Jan. 26 6.1^3 79
Feb. 24 131 June 8 113 142

Mar. 14

15% J an. 17
l%Juuo 8

3678 Jan.
19=4 Feb.

2% Mar.
2% Jan.
26 Jan.
38 May

May 2
Jan. 16
Jan. 17 245

14

1%

%

240
12
53

6=4 Feb.

4

5

2%

Apr.

1

June 24

4

Jan.
Jan.

2

Mar. 2

2=4 Jan.

6

1

%

Feb.

29%
I**

17% 3&
32% 38%

Jan.

Jan.

43

30

8%June21 14% Jan.
45% July 13 62% Jan.
14 Jan. 11 19=4 Apr.
27% Mar. 28 37% July
%Jane 3 l%J»n.

l%F6b.
t

45

2 111 -4
11 92% July 25

%Jan. 17

MverCUfr

40%

82% 112
80% 1027,

Jan. 14
Jan. 18
Jan. 18
Feb. 8
Jan. 9

13% May 20 20

Coal.,

90
90

350
121
94
106
63
146%
4 139=4 July 19 124
8 437, Jan. 14 .38% 67%
30%
17 19=6 July 25 14
66
20 Mar. 21 49 Jan. 19 41
65%
23% June 12 45 July 26 32
98 June 6, 120% Mar. 30 112=1 135=4
63
49% Feb. 21 60 Juno 1 44
1478Jane2« 2t Mar. 30 18% 38
110%
61 JuuelO 100=4 Jan. 3 79
117%
57 June 5 77 "July 25 50
43 Apr. 21 60% Fob. 11 15 % 59%
89=4 May 25 St3% Jan. 28
69%
20 July 18 37 Mar. 30 18
21
9
8 May 1 15% Jan. 18
15
6
9 % Jan. 3
4 Apr. 1
93
44=4 June 7 82% Jan. 18 41
81% July 6 92 Feb. M 77=4 123
77 Apr. 18 100% July 27 84=4 126%
647,
41=4 Miir. 11 63=4 July 23 42
30%
Mar. 6 3514 July 18 23
19
59 Feb. 25 72 July 19 621-j 70%
26% Mar. 11 41% July 28 34 7( 64
86% Apr. 21 107% July 25 85 114%
12 June 6 35», .ran. 21 18% 39=4
131
119=4 Mar. 13il26% June 26 118
52%Jnne 5 S7%jan. 14 63 102
123% May 1 136% July 25 130% 165
10% May 25 167jJuly28
27 May 27 36% July 28
130%
100 Mav 15 109% Jan. 27 98
Mar.

5

Mining..

an tbe pilcM bid and asked—no wle was made at the Board.

11=4

49

71%

16
31

4

June 29
June 7] 217, Jan.

13
33
240
13
60

135

116% Apr. 24140 July 24 107
52%Mar.l4l 74=8 Jan. 20 66

18

Bohinsou Mining.,

• Xli«««

140
93
76
131

4

118=4 Apr. 14
124 Jan. 4

136

July 21

97 % Feb. 20
97 % July 28
27 July 22
40 July 24
28% July 25
141 July 28
138 Jan. 27
122% July 23
135% July 25
138% July 25
151 July 25
135 Jan. 13
84 Feb. 1
52% July 24
111 July 25
59 July 15
92=4 July 24
140 July 27
104 Feb. 2

6

104% Jan:

225

Deadwood Mining

New Central

56
49

116%

Feb. 23
Mar. 9
Apr. 18

28

18

Mining

Qameron Coal

68%

86

30

l%Jline

pref
Con.Hol.

69

48% 48%

19% 19%

Ontario silver Mining
Pennsylvania Coal
Qoioksilver Mining

Do

43

115%116=4 11676 117=4 117

June

5.800
Mar.
7,000
61
Mar.
4,720 I27=4Jan.
13,330 36 Mar.
700 12 June

1,500

8
57=<

64=4

21

200
8
57=4

27

Feb. 18
July 19

19%
27%

500

1,600

23

Low. High

Mar. 21 120

8 135

Mar. U
695 127% Mar. 11
8,267 tl27 July 5

23

V

Delaware A Hudson Canal ...
New York A Texas Laud
Oregon Uiuiway A Nav. Co...

83,275
108,131
5,660
3,427
1,429

53% 53%
90% 90%

35 14
34=8
71 14
pre!..
70=4
Do
70
69»8 7OI4
40
39% 40% 39% 40% 40=4 41%
Missouri Kansas A Texas
3818 38=6
39»s 40%
106=8 103=4 107% 105% 106=4 105 106=4 10578 106=4
Missouri PaclUc
IO314 104=4
23
23ii
•22
231.
23
23% 22% 22% 23
23% 24
Mobile A Ohio
12413 124=8 I23I4I23I4 125 123
124 125
Morris A Eases
124 124
Nashville Chattanooga ASt.L.
63% 6478 64% 61% 63=4 64=4 64% 65%
62
651a
64% 63
New York Central A Hudson . 135 1331a 133=8 136 133=4 136% 135% 130% 133% 136% 135% 136%
New York chic. A St. Louis... 1513 15'8 13=4 10'4 1578 16% 15=4 16% 1578 16% 16% 167s
pref.
35% 36%
Do
33 18 33% 33=8 34%
33=4 34%
33=4 34
34
35
100 107
103 107
New York Elevated
.105
107
105 107
d06 107 '106 107
40=4 41%
Hew York Lake Erie A West. 40=8 40 'e 40=4 4114 41 41=8 40% 41% 40% 41
jpret.
Do
80
8078 81%
81% 81% 80
177
New York NewHavenA Bart.
180 180
177
30=4 31
New York Ontario A Western. 28 14 28=4 28=8 29 14 28=8 29=4 28% 29=4 :i9% 31
65I4 66=8
67
Norfolk A Western pref
66=8
65% 5578 55%. 6578 56
55=4 65=4
66
46I4 471.
49% 49% 50
Northern PaciUo
48% 4978 48
47=4 49=8
iS'i 60%
pref
89=8 90%
Do
89=<
8878 90 14
89
88=8 89=4
88% 90
8718 88=4
20
19
19=(
19 'e 20%
21
19
Ohio Central
19=<
20
19% 20
19
38=8 39
39% 40%
38=4 39
Ohio A Mississippi
38=4 39 14
38% 39
38=8 39
pref
Do
104% 106%
103 105
20
20
Ohio Southern
21
20% 21% 19=4 19=4
19
171a 18 '3
87 7e 89
Oregon A Trans-Continental..
8678 88
84=4 86%
84=4 87%
83
82=8 83 14 83 14
165
163
Panama, Trust Co. certldcales
39%
Peoria Decatur A Evausville..
37 18 38
37=4 39=4
38% 39% 39
37=4 38=4
38% 39
Philadelpliia & Ueadiug
62
61 '6 631a
63=4
61% 63% 61% 62=4 61% 62 %l 62
63
Pittsburg Ft. Wayne A Chic...
133% 133%
Rensselaer A Saratoga
Rich. A Allegli.,st'ck irustotfs.
25
25
«25
26
26
27
23
26=4
241a 2413
Kichmoud Jt Danville
117% 11878
116% 113% 114% 113=4 116
106 IO914 110%114'8 114
Rlchuioud A West Point
61% 62% 62% OS's
59 14 CO
62
62% 61% 62
60
60
33I6 34%
BocUester A Pittsburg
31
33
31
3276]
33 14
32
31% 31% 33
32
Borne Watertown A Ogdensb.
40
40
38
38
35
35
36%
BU LouisAlUiu A Terre Haute 33=4 35
33 's •3d
3.'i%
34 =< 32
34
35
Do
pref.
•72
80
80
80
74
74
74
75% 73% •76
73
43
43
43%
St. Louis A San Francisco
42
43
42% 43% 42% 43'
41
pref . .,
Do
69=4
69% 69
68% 59% 6978 60%
58
57 V
68
57
58
latprel.
Do
96 98
93
98
97
97
9313 9513
93
97
97
93
32 34
•31
Bt. Paul A Duluth
34
34
34
pret
Do
89
88% 83%
89
89 14 89 14
88=4 88=4
et Paul Mluneap. A Manitoba 131 137
132 133%
133 134
136 136=4 135 130% 134 136
Texas A PaciUc48 's •4978 49^8 52=8
51=4 53%
51% 53% 51% 34%! 53=4 53
Texas A St. Louis
30
30
27
28% 28% 31
Toledo Deiphos A Burlington .
I8I4 I8ia
18
18
19
18
19
19
18
19
Union Pacltlc
116% 117%
115=8 llOHl 116=4 118
116% 117% 116% 117=4 116% 117
"Virginia Midland
55=4 56%
65
56
50
51
56
49
Wabasli St. Luuis A Pacltlc
3-i% 39
a7=4 39
36=8 37 14
37=8 33=4
37 78 39
37% 39
Do
pref
69 1|
63=4 63 14
67% 687; 63% 69%
67% 68=8 67
65% 68

RllHtllSI.I.ANEaUS.
American District Telegraph

15

90

89% 91%
90% 91=4

89%
90% 92
137% 138%
46
46%

731*

25,210
3,810

61,757
3,326
18,760
1.060
4,446
15
130,830
47,944
1,500
18,098
10
2,600
12.765
139,771
125.317
4,890
13,040
3,330

For Full
1882. Year 1881.

1,

Highest.

Jan.

1882.

1,

84'4Junel0 95%July]7
60 Jan,
9 =4 June 28 45
67 June 10 85% Feb. 2 69
44 Feb. 23 657^ July24 60

600
81

76

6%

prel.

Metropolitan Elevated
Michigan Central
Milwaukee L. 8h. A West., prel
Miuueapulls A St. Louis

Colorado Coal

Lowest.

300
390
200

78
80

77=4

77

2913

8878
88
90 13 92 '4
921a
138
13818 13314 1371a 1381, 13713 1381a 138
45=8 47
47
40=4 47
46
45=4 4612
I8I2 181a
19=8
19
19
19
181a ISia

-•

aa
Do
Memphis A Charleston

04 13
77
81
64 13

82 li 80 14 82 1«
95
96 »8 9313 961a
25 'e 26 14 24=8 25 14
38 38 la
38
38
•2513 27
26
26
1391a 139=4 140 140
134 135
134 13413
119=4 1211a' 119=4121
134i4]33i« 131=4 134^8
135=4 138
136=4 13713
14913 150
150 130
I3314 133=4 133 133
79 'a 79 's
•79
81
.52
fioia 52
501a
14
110l4ll0''8
109 13 111
58
58
90 14 92
91=4
89
140 140

'

Do

July 28.

JAN.

Range Since Jan.

Sales of
the Week,
Shares.

Friday.

130

94 14
77
81
63

04 Vi 94 14

Atchison Topcka <& Santa Fe.
BoBlon X N. V. Air-Line, prBl.
Burling tun cedar Rap. 4 No..

XXXV.

[Vol.

254

21%
75%

17% 27
25
1

45>4
7
14
7

86%
a

2%
1%

4

.

Jcwr

.

.

9

.

1.

!

. .

ur

THE (3HK0N1CLK

20, 1882.]

QUOTATIONS OP STATE AND RAILROAD BONDS AND MISCELLANEOUS SEOURITIEi.
STATE BONDS.
SECURITIES.

Bid.

f*lanfi

A ^

ClaHR

B

to ^

1006

68,
7»,

Ar 10 20a

N. Carollniv-68.

1883
1890

68, old,

L HOCX A Ft. tS. l88.
Momn.A L.HockKH

HP

34
20

6b, line

1882 or 1888....

fla, (liio

IMHIi

3«

68, iliiB
6», duo
68, due

1887
1888
1889 or 1890....

Uo
Do
Do

6

107
107

New York-

Special tax,cla88

Do
Do

68, (told, reg., 1887
68, Kold, coiiD., 1887....
68, loau, 1883

new, 1886

70..

'88-9

claa«2
claaeS

"iK

Connol. 4s, 1010

6s, consol. bonds
6s, ox-matured coupon.
68, consol., ',;d series....
6s, deferred

District of

SmaU

1892
1893

•%

9
R7
67
67

SI"
....
*•""••
•'"•*•

''•*••
'.?..

"ii"

Columbl»—

1924

3-66S,

''"'*

Ohlo6»,

fiS

68, loan,
68, loan,

1,

Aik.

Vlrglnl»-68, oli
68,newrirf86 .."..:;:::
68, new, 1867

J.itJ., '92.8

A.40

RH

Chatham

&

ConnecUcut—Os, 18wP4..

coup, off, J.AJ,
coup. off.A.AO.

Do

Bid.

Soath Carolina—
6e, Act Mar. 23, 18691
uon hiuilable, 1888.
Brown conBul'u 6s. 1803
Tennessee— 68, oId,1893.8
8s, sew, 1802-81900...
68. new series. 1014

J.iJ

FnndlnKttot, 1866.1900
Do
1868 1898

FOiittluK. 1894-'y6
Haunlbal
St. Jo., '86
'87
Do
do

13

O

SBCnBITIES.

Ask.

A.&O

New bonds,

Asyliu or Univ., due '9a
20

A. A

old,

Bid.

No. Carolina KU.,j.4J.

86

1 000

78 I.
BttX.O. UR
78!Mt88. O. A It. U. lUl.
78, Aikausati Cent-ltR.
76,

SECURITIES.

A*k.

MlMonri-

Ss 1006

C'laasC. 4b, 1906

78.

Bid.

MlcblKan—

Alabama—

78

SEC0RITIE8.

Ask.

IW*

1886

Rho<le Island—
68, coupon, 1893-99

Funding 58 1809

Do

""

registered

BAIIiROAD BONDS.
Del.

A H.- Contin'd-

Alb.

ASuaq.— let,

Exchanje Prices.)
Ala.Central— let. 68, 1918
AllCK'y Cen.-l8t, 68,1922
Atoh.T.&S. FO-4'2,1920
Atl. & Pac.-lst, 68, 1910
Balt.<&0.-lst,6s, Prk.Br.
Host, llartf. & K.— l8t, 73

Guaranteed
Bur. C. Rail.* No.— Ist, os
Mlnn.&St.I,.-l8t,78,su

Denv..So.I*.

Det.

100
5G=j "ii'
iofi-j 102"

& Aug.— Ist, 78

105

8JI4
fi4H.

101
Chicago it AUon— Ist, 7s 1211a 122
Income 78, 1883
Slukiug fund, Os. 1903.
La. & Mo. Hlv.— 1st, 7s
2d, 7», 1900
St. L. Jack. & Chic— Ist
Ist, guar. (504),7s, '94 116

1911

2d(3i30), 7r, 1898
2d,KUiir. (188), 7s, '98

c, ist, '83.
Consol. 78, 1903
68, sinking fund. 1901
la. Dlv.— s. P..68,1919
S.P. 4s, 1919
4s, 1922
..
48,1921
C. R. I. & P.— 68, cp., 1917
68, reg.. 1917
p.

Central oJ N. J.-lst,

'90.

Ist con»*l., a88cnted,'09
Conv.. .fcieute^l, 1901..
A^U8tr,.tut, 7a, 1903...
Lefi.AW B.— Con.g'd.as
Am.D'k.t Im.-58, 1921
C.U.A 8t..».— Ist.Ss, P.D.
2d, 7 3-10, P. D., 1898..
Ist, 7s, $ g.. R. D., 190a
1-

let, Lac. Dlv., 1893.
M., 1897....
Ist, I.
D., 1899....
let, I.
let, C.AM., 1903 ...
Consol. 78, 1905
2d.78, 1 ei

118\

Ill's 112

112
107

>a

108
107

BOij

119

con».,6a.

Oal.Har.

A

95

Ant.-l8t,aB;*105

.S.

--

1905

90
115
106 Hj

120 « 1201s

115
115
110 120
102 »8 103

San Joaquin Branch

aj?..x City, lat.

'80

90

34 '4' 951s

'•J

92

127

.

n-ihi

.

8s.
".J

Pet'r- l8t loo's

2d, 7a, 1907

Mil.AMad.-lst,B8,190&
C.C.C.AInd'8-lst,78 ,8J, 123
Consol., 78, 1914
C.St.P.M.AO.— ConsoL.es 105
C.St.P.AM.-l3t,0s,1918
6s, 1930.

1'20

1241s

iofia

St.P.&S.C— l8t,6s,1919 Ill's
Chlc.&E.Ul.— l8t,8.f.,cur
98
Col.AGreen.- lst,6s,19ie 100
87
130
Mortgage 7s, 1907
127
Syr.Biug.AN.Y.-l8t,78 124 125
Morris A Essex— lst,7s 138
2d, 78, 1891
1161s ilO:'.
Bonds, 78, 1900
7sof 1871, 1901
12334'
121
let, consol., guar., 78. 121
12 lis
Del. A H.— lat, 7s, 1884.
lUO
78,1891
115'4
Ist ,eit. ,78. 1891
115
Coup., 78, 1891
118 118 "s
1st, Pa. Diy.,cp.,7e,1917 127 "s 131 's'
Pa.DiT., reg., 7e, 1917 130

6.3,

1896

Den.Dlv.,88,as'd,'99
1st consol., 6s, 1919
C.Br.U.P.— F.c.7s.'95

AtC.AP.-lat,G8,190o

Co.AW.— 1st, Us

Oreg.Short L.— Ist, Os

1'24
1'23

122
Long Isl. K.— Ist, 7s,1898 118
*97
lat consol. 5s, 1931
Loulsv.&N.,- Cons.78,'98 117
102
2d, 7s, gold. 1833
Cecllian Br'ch— 78, 1907 107

N.O.AMob.-l3t,68l930
E.U. A N.-l,,t, 0,3,1919 100
95
Generates, 193(J
Pensac'laDiv.—Os, 19'J0
St.L. Div.- Ist, 68,1021
2d, 3s, 1980
Nashv. A Dec— 1st, 7s.

—

Ut. So.— Oen., 7s,1909
Exten., l8t, 7a, 1909
Mo. Pac— 1st cons., 6s

128
120

3d, 78, 1906
;
Paclllc of Mo.— lat, Os

l'23i4

'2d, 78, 1891
St.L.AS.F.-2d.6s,cl.A
3-68, class C, 1906 ....
3.6s, class B, 1906
lat, 6s, PeirceC. A O.

98 't
11715

Equipment,

Income

Pa.Co'8 guar. 4 Si.s. 1st
Registered, 1921
Pitt.C.

1'22

102

No price Frid«r— Uiese arc latest quotations made UUi week.

.

1st, St. L. Div.. 78, '89 105=4
•104
2d. ext., 7s. 1893
Equip, h'nds, 73, 1883
"4
Coil.sol.,couv.,7a,l907 106
at. West.-lat, 7s, '83 109
2d, 7a, 1893
T.-l8t, 78, 1890. 100'
Q.
Ill.ASo.I.-l8t,79, '82

83
00

i

102H

lot's

112

100
118
117
117

lis
118

110
107

Jnt<rMt pi>i/aIX« l/earuei.)

1

A

69,

Alleg'y Cent— Inc..

A Pac— Inc..

Atl.

1918.
11I1'2.

C—

Il01»4 B.T.V.AOa...Inc.,08,193I
110'4 Ill's El. C.A No.—2d inc. 1970
108 's
G. BayW.A StP.—2d, inc.

113
98

Ind.Bl.AWe3t"Jnc,1919
Consol Inc., Os. 1921...

10li4!l05
106

Ind's Dec.
Spr'd-.2d inc.
Trust Co. certitlcates .,
Int
ut. North.— 2d inc.
2d assented. Os, 1909 .
Leh.
Wilkesb. Coal— '88
Lake E. W.— Inc. 78, '99

07
89
89

54

33
95
64 >»

45
48i^«

43>a

28"
70

A

A

A

Sand'kvDiv. — Inc.,19'20
Laf.BI.A^nn.-Inc.73,'99

70

97
72

OIV

011s Mil. L. 8.

•95

2d
3d

(iref.

debentures

pref. debentures
4th pref. debentures

St c.,78

N.Y.Lakn K.AW.-IncOs
N.Y.P.AO.-lstinc.acS 7
Ohio Cent.— Income, 19'20
Mln'l Div.— Inc79,1921
1351a

Ch.— lat

57
51

A W.— Incomes

Mob.,tO.— Istprf. deben.
c.

32

A

OhloSo—2d inc..

09,1021
Ogden8.A L.C.— Iuc..l920
Peoria D. A Bv.-lnc.,1920
Evansv. Div.— Inc.,1920
Roch.A Pitts.- Inc. 1921

7915

45

117

85
60

65
60
80
50
41

•30
60

42
'Sli'

43
3l"
90"'

48"
43
50

Rome W. A Og.— Inc.. 78.
So. Car. Rr.— Inc.63,1931
St Louis I. Mt A So.—

5t.I..V.AT.H.-l8t,g.,7i
2d, 78, 1898
2d, guar., 78. 1898....

Ist, 78, pref., int. accum.
tjs, int. acc'mulative

2d,

PItta.B.A B.-lsti6s,1911
Og. -Con., lat

Rome W.A
Roch.A

Cent— Inc.

Ala.

1910 ..
lei's 104's Central of N. J.-1908 ...
100
Col. C. A I.
Inc. 7s. '90
*04
Cent. la.— Coup. deb. clfs.
*90
92
Ch.StP.A M.— L.g.inc. 6s
104 105 "a Chic A E. 111.— Inc.. 1907
105
DesM.AFt.D.— l8t,inc.,6s
105
Det Mack. A Marq.— Inc.

107
Rich. A
871a
Rich. A Danv.—Cons.g.,68
99 "8
78Debenture 6s, 1027
Pitt.- lst,6s,1921
Al.-lst, 78, 1920

1
*

»85

•80

90
7a, 1909.
Tol.A W.-l3t,ext.,7s 110

(

....

110 1...
109 Si 111

Ist, Tr'tCo.ctfs.suppl.

1

00

1

lst,Tr'st Co.ctf8.,as8'd
2d. Tr'st Co.ctf8.,as8'd

1041s

92
i09'"

1141s

Clev.A Pitts.— C0U8. 8.1. 124
4th, sink, fd., 6s, 1892
Col. C.A I.e.— Ist.cousol
2d consol., 7s, 1909...

Registered. 58, 1931

Jack.I.an.ASag.— 6s,'91
Mll.ANo.-lst,4 5.88,1910 *93
MlLL.S.AW.-lst,6s,1921 101

A St. L.—

78, 1913
Pitts. Ft. W.
2d, 78, 1912
3d, 7s, 1912

1st, 88, 1883, sink's fd.
Equinui't bda., 88, 1883

1931

Wabash-M.

7s
St.I,.K.C.A.V.-R.e.79
Om. Dlv.-lst, 73

Istreg., 78, 1900
'2d,

l8t, storling

74 "a

90

84

Uan.AXaple9— 1st.

Pennsylvania Hit.—

99 '( 100
Motrop'llfuEl.— l8t,1908
2d, 63, 1899
89
90
Mich. Cent —Con. ,78,1902 123
126

58,

A

I'd gr., reg.
1st, KloO.Div„U3, 1930

103

85
8i'i

'rol.P.&W,-lBt.7«,l917
Iowa Div, —63, 1921...
Ind'polls Div.-68, 1921
Detroit Div. -6s. 1921..
Cairo Dlv.— 59.1931 ...

Clar'daBr.-68.1919
.1110
St. Chas.Br.— lat, 6s
No. Missouri— 1st, 78
West. Un. Tel.-190o, cp.
llOV
1900. reg
•110i.i!ll'2
N. W. Telegranh-79,190 J
105 1051s Spring Val. W.W.-lst.es
....
105
Oregon RR. A N.— Ist, Os
107
110 lis
105'4 106
116'4lH7
INCOME BONDS.

Consol., 68, 1905

67
120

:oo
00
110

1910

A

1895.

Tex.APac— Ist.Bs.lOOj

Laf.Bl.A Hi.- 1st, 6s, 1919 '101
Loulsv.N.Alb.AC.-lst,6s IO2I4
ManhatB'ch Co.— 7s,1909
N.Y.AM.B'h-lst,78,'97
Marietta A Ciu.— 1st, 78.

6s. 1809
Coupon,

78,

Mo.— 1st..

So. Pac. of

S.f..«s,1910

Leban'u-Kuox— O9. 1931
Loiliav. C.A L.— 68,1931
L.ErioA W.— lst,68,1919
Sandusky Div,, 63, 1919

l8t. Tei'l trust.Os,

Va.Mld.-M. Inc., 63, 1927
W»b. St. f,.A P.-GenI, 6s
Chic rtlv.-5K, 1910 ...
Hav. Dlv.— Os, 1910...

120
118

Kans.Pac— Ist, 69, '95 113

At. J.

Consol., reg., 1st, 78 ..
Consol., coup., 2d. 78.
Consol., reg., 2d, 78. .

99
85

Collateral trust, 6s.
Ist,

1071s

7a, '87-9

Bull'.

S. AN. Ala

114

No. Wis.— 1st,

2d, 68, 1926
Del. L. A W.— 7s, conv. '92

New bonds, 78, 1886
A Ash.— 78 ...
A Ei-le-New bds.
Kal. A W. Plgeon-lst.

Land grants.

Sinking funds, 83, '93
Roglstored 8s, 1393

Clevc. P.

100
Det.M.AT.-l8t,7s,1906 125
Lake Shore— Div. bonds 121
Consol., coup., Ist, 78 126
111
126'

89's'

T(,l.— Sink. fd.
-

93^^

A N'west.- S. td. 78, '85

Peninsula— Ist. conv. Id
Chicago A Mil.— 1st, 78 120

llOSia

Cojpon, 68, 1909
Kent'ky Ceu.— M. Cs, 1911
Lake Sliore A Mich. So.—
Mich.S.AN.I.-S.fd.,7« '107

Interes I bonds, 78, 1883
CouBol. bonds, 78, 1915.
Extens'n bonds, 78, '85

l8t,78,1885
Coupon, gold. 78,1902..
Beg., gold, 78, 1902
Sinking fund. Us, 1929
Sinking fund, reg
Sinking fund, 5s, 1929
Sinking fund, reg

Indiauap.D.ASpr.— l8t,78
2d, 58, 1911

A

A Oregon— 1st, «s
State Aid bds. 7s, '84
L.and grant bonds. 68.
West. Pac— Bonds, Os
So. Pac. of Cal.— Ist, 68
Union Pacilic— 1st, 6a
Cal.

96

S. lll.-lst

107

f.

8ub.6s,L9l0
Peoria Dec. A Ev.— 1st, 63
Evans. Div., l8t,08,1920
Pac. Railroads.—
Cent. Pac— O., 63...

AS.C, 2dDiv.,7s

Clevo.

—Consol. 8

Panama— S.f.

Int.A at.No.-lst.68,gold '106 '4 i06»8

1171'j

Miss.

9B

108%

10713
10734 ioeVi
100»4 107%
8314 83>»

So. Car. Rv.— 1st, 8s,1920
2d, (is. 1931

,

Cent — Sj Div.— t:p.68
Middle DlT.-Reg. 53..

1909

A

108

Tex.Cen.-l9t,8.f.,73.1909
Tol. Del.A Bur.— .Main, 6s
1st, Davt. Div., 63, 1910

94ii
Ohio Central— lst,69,19 JO
Ist, Ter'ITr, Cs. 1920.
lat Mini Div 63, 1021
OhloSo.— 1st, 6s, 1921...
83H
Oreg'uAOal.- lst,09,1921 •93

111.

Ist, 4-,5.63.

111
111

.

.

A

1021,

109

A

82

110»< 117

St.P.Mlun.AMan.— l8t,78 iorij 109
112 113
'2d. 6s, 1909
109
Dakota Ext.—6s. 1910.
St.P. A DuL-lst, 59,1931

is

,

Consolidated 7s, 1898
2d consolidated 78, 191
lat, Springlleld Dlv

110
106
Ist, West. DA'., 78
110
lat, Waco* S.,^a
2d consol.. m lin line, Ss 125
2d, Waco A
., 83, 1915
100
Qeneial, 6»,1921
H0U8.E. A W. ex.— l8t,78
C.St.I,.AN.O.-Ten. I..7S
l8t,cou«c:l. 78,1897..
2d.l907
gold, 59

Belleville

113

I3II3
131
---.
Hnds.R,— 7a.'2d. 8.f.,'85 107 108
0314 93"8
Ca:i'daSo. —1 st.int.guar
Harlem— 1st, 78, coup..
131
1st, 7a, rog„ 1900
N.Y. EloVd-l3t,79, 1006 116
N.Y.Pa.AO.-Pr.l'n,Gs,'95
69
N.Y.C:.AN.-Ocn.,09,lU10
N.Y.A Now Eng.-lst, 78
Ist.Os, 1903
94iHi 91'.
N.Y.C. ASt.L.-l3t,68,l921
Nevada Cent.— 1st, 6s
N.Pac— G.l.gr.,lst.cp., 6s 103-18 1031%
loss,
Kegistcied 6s, 1 21 ....
'94
91"8
N.O. Pac.-l st.es.g. 1920
Norf.AW.-Ul., 6.3,1931.. 101 '» 102>4l

Ohio

l.gr.,7s.

East'n Div.— Qs, 1921

121
108
109
A
l8t8.Ml'in.Dlv.,6s,1910 107
Ist, H. <!l D..78, 1910 .. lie's
Ch.APe.0.Dlv..(i8, 1910 108 '•J
lBtChlo.ftP.W.,58,1921
Mln'l Pt. Dlv., 58, 1910 •91
C. A L.8up.Div.„58, 1921

St.

Buf.Aa.W.-M.0s,19ll8
Fl'tAP.Marq.-M.0s,1920

2d, 4.5.SS, 1909

AD. Ext., 1908

WlnouaA

130
99

Bu«.N.YAK.-l8t,1910i*
N.Y.L.E.A\V.-Now2d0
2d, consol., fd. cp., 53...

Ev.A T.ll.— l8t.

MU—

2d, Os. 19111

3d, 7s, 1883
4th, extended, 58, 1920.
6th, 78, 1888
Ist cons., gold, 79, 1920
lat cons.. Id. coup., 7s.
Reoig., Ist lion, U3,190Si
Ixing Dock b'da. 7s, '93.

Dnb.

i)lr.,lst, 63, 1909
Dav.,1919
l8t,6B, L«.

Iowa Midland— 1st.

N. Y. Central— 08, 1883..
«8, 1887
Os. real estate, 1883
llllj
6a, subscription, 1883..
104's
N.Y.C. A II.— 1st, coup.
Ist, reg.. 1903

S.— Bs...

Ced. F. /^ Minn.— Ist, 78
Ind. Bl. A W.-lst pif.,7s

123=8

S.W.

C.

I.a. AT.— lat, 6s
Nash.i:hat.,tSt.L.-l8t,78

Ist, Os, 1920
Ellz. Lex.
Big

Dull.

134

A

A Danv.—Cont.—

26,79,1897
Arkansas Br.- Ist
871.^ 88>e
Cairo A Fulton— let....
lOO'slllO's!
Cairo Ark. A T.— 1st....
Gen. r'vA I. gr.. 58. 1931
681s 601a
106
St. I>. Alton A T. H.-lst
1081s
2d, prof.. 7s. 1894
2d, Income, 7s, 1894...

Morgan's

I

10j3j 106 '<

A
A

let,78,l

A

(Jhio— New, Os.
Collat. Trust. Os, 1892..

77
-90

H008.AT.C.— -'St,

125

Cons., 7s, 1901-5-6
2d, income, 1911
H.
Cent. Mo.— Ist. '90

Mobile
115

Qr'nBavW.,tS.P.— l8t.fl8 '86
(Jull.Col.A y. Fe— 78,1909' 108'4 108
101=4 Uan.ASt.Jos.--8s, conv.. *107
103
Consol. 69, If 11

101
126

.

Keo & DesM.— l8,g.,,'5s

115:><

S'thw.Ext.— 18!.78,1910
Par. Ext.— Ist, 68, 1921
Missouri Kan. ATex.Gen. con., (Is

Istcons., 58, 1930
Dlvl8lon.il59, 19:>0...
Ellz.C.A N.-S.f.,deb.c.6s

2d, 7s,

Ml88.R.Br'ge-lat.s.f.6s

C.B.A Q.-8

127
137

Mac.A Marq — Isi.Os

Erie— 1st, extended, 7s...
2d, extended 58, 1919 ..

ChesA Ohio— Pur. in'y fd. 108

b'8,

A Pac— 1 st,78.

RIohm.

Atl. A Ch.-lst, p.,7a,'97
Scioto Val.— Ist, cons., 78
St. L. A Iron
1st, 7s

98

2d, 7s, 1891

102 '1
102
101'* lOlUs

Land grant S'ss, 8. A...
E.T.Va.A a. —Ist. 78.1900 113

A

C.Rap.Ia.F.&N.— l8t,6s
Central lowa^lst, 78, '99

Mortgage

11.1

let conaol., 7s, 1910....

Iowa C. A West.- l8t,78

6s, gold, seriea A. 1908.
68, gold, series H, 1908.
Os, currency. 1918

A

Sar.- Ist, coup
Ist, reg., 1921
Denv.AItlo Or.— l8t,1900

(Slock

Char. Col.

113

1'lU

l8t,cons.,guar.78,1900i*125
*

Bens.

Railroad Bonds.

Mlnn.ASt.L.— lst,78,1927 114
Iowa Ext.—l8t,7a, 1909 110

I

7s...

2d, 78, 18^5

84
108
90
100
79

St'gI.ARy.-Ser.B.,inc.*94
Plain incomes Os, 1896.
Sterling MtRv.— Inc..'!i5
St L. A.AT. IL— Div. bds

ToLDeLAB. -Inc,6s.I910
Dayton Div.—63, 1910..
Tex.AStL.~L.g.,inc.l920

37
45
23

(»"

+

..

.

THE

128
New York
Bank 8tock

BEOTTBITIXS.

No. 7 Pino Street.]

BOSTON.

Pbicb.

BM.

America*
Am. Exchaoge
Bowery
Broadway
Butchers'
Central

*••

American
American ExcbanKe
Bowerj
Broadwa7

....

Brooklfn

100

86

»
100

& Drov'ra

100

..

Chatham

8S
100
!»

.•••
.>•*

Chemical
CltUens*
City

,

Commerce

100
100

Continental

i(M

Corn Exchange*

1U0

Bast Rtver
Bleventh Ward"

26
'»

Avenue*

Fulton

Qermiin American*.
German ExcbanKe*.

100

flanover
Imp. and Traders*...
Irving

l(K)
1(K)

Manhattan*
Marine
Market

Murray

,

Fran kiln

....

Guardian
Hamilton

Hanover
Hoffman

Home

Howard

Uill*

Ninth
North America*
North Kiver*

Kings County (Bkn.)

fiO

itt

100
100
8A
50
25

....

Knicliorbocker
Lafayette (Br'kiyn).

l&O

Lamar
Lenox
Long Island (B'kiyn)

100
SO
50

isi'i

LoriHard
Manufac'rs'

uo

UH)

100
100
100

:...

Niagara
North RiTer
Paciao
Park
Peter Cooper

....

ijft

no

Park

IIM)

People's*

25
SO
SO

Phenli
Produce*
Republic
Nicholas

Seventh Ward
Second
Shoe and Leather.
eixth
State of

New

100
100

Star
Sterling

KKI

Stuy vesant

40
50

....

80
VO
120
80

85
100

105
110
194

114
120

200

108

120

«60
03

280
70

I2«
145

125

125

90

US

150

150

80
loO

50
50
100
30
20
40
50
100
25
50
25
100
100
25
50
50
50
50
50

80
70
50

90
90
60

145

153
210

ItiC

83

85

105

110

70
75

75
SO

lOD

105

55
100
eo

65
110

75

130

140
150

140
70
100
110
ISO

80

35

140

100
100

97
16

112
113
!B0
120
150
105
20

100
50
25
25

60

65

175

185
108

100
185
120
iiO
110
145
63
75
145
105

100

20
50
50
50
100

25
50
100
100

25
25
25

Tradesmen's
United States
Westchester
Williamsburg City.

llSi

KHI
100

Side*

,

Republic
Rutgers'
Standard

York..

'^20

75

Kelief

.

107

249
230

!45

Phenix

W

50
103

235

100

People's

lHH

100
KK)
100

Third
Tradesmen's
Union
United States

West

•*.
....

•

100
100

8t.

195
160
125
140

87W US

New York Fire
New York & Boston
New York City

70
30

Pacific*

Buiid.

Mechanics' (B'kiyn).
Mercantile
Merchants'
Montauk (Brooklyn)
Nassau (Brooklyn)..
National
New York Equitable

1(K)

Oriental*

&

Manhattan
Mech. & Traders'...

...

100

N. Y. Nat'l Exch'ge.

& Tr'd'rs

Importers'
Irvini?

Jefferson

100
100

Nassau*
New York
New York County...

.

110
aio
1H7

ISO
117

100
100
50
50
25
100
15
50
50

Emp....

Giobe..
Qreenwlcta

BO
50

«.

&

155

130

10

German- American
Germania

100

Mechanics'
Mechanics' AssoCn.
Mechanica' &, Tr'drs'
Mercantile
Merchants'
Merchants' Bxch'ge
Metropolis*
Metropolitan
Mount Morris*

20
70
100
30
50
100
40
100
80
50
17

Continental
Eo^le
Empire City
Exchange.;;
FarraKut
Firemen's
Firemen's Trust

25

Island City*
Leather Manul'trs'.

17

Columbia
Commercial

1(K)

Germania*
Greenwich*

25
25

City

...

ISO
103
200
185
170

100

Clinton

»U
5U
75

Oallattn

SO

Citizens'

t

1(8

KKI
100
too
100

Fourth

ma

....

Chase

Fifth
Fifth
First

Bid. Aih.

Atk.

153

100
100

10

50

[Gm QnotoUons by

Prentiss

Manhattan

Isetrupolltan

[,

do
bonds
Mutual, N.i
do
bonds
3<aseau, Brooklyn

„do

„ York
New

scrip...;

People's (Brooklyn)

i

'.'.'.'.."

Bonds
Bonds
Central oi

New York

..

Williamsburg
do
bonds
Metropolitan, Brooklyn
Municipal
do
bonds
Fglton Mnnlclpal

Ammmt

1,(X)0
'.'.

["
'.'.'.'.'.'.'.

315,000

Period

A.&O

50 1,850.000 F.&A.
20
750,000 J.&.I.
50 4,000,000 J. 4.J.
100 'i.500,000 M.&S,
500 1.000,000 F.& A.
100 5,000,000 Quar.
1,000 1,000,000 F.& A.
25 1,000,000 Var
Vai.
700,000 M.&N.

85

75
53

125
80
35

125

133

75
180
120
22J

80
135
125
200

A.4

'lob

H

L.

mortgage
Broadway Si Seventh av.— 8t'
Ist mortgage
Brooklyn City— Stock
1st mortgage
Broadway (Brooklyn)— Stock
Brooklyn Crosstuwn.— St'k..
Ist mortgage bonds
Bushwick Av. (B'kiyn)— Stock.

Ist mortgage
St. 4 Grand St.
Ist mortga«re

4M

Central

1,50J.000|

Gkakt, Broker,

100

900,000 J.
694,000 J.

1,000

145

4 J.
4

J.

4

Ferry— St'l;

')00&c

100
000
100

1,000

Ooes Town— Stock

1IHI

mortgage
Houst.West 8t.4 Pav.F'y- St'k
1st mortgage
Second Avenue— Stock 8d mortgage
Consol. convertible

Extension
Sixth

K)0

1.

1st

1,000

100

500
100
1,000
1,000

iOO&c

Avenue— Stock

mortgage
Third Avenue— Stock
1st mortgage
Twenty-third Street— Stoek.
let mortgage

100
1,000

Ist

,

I.

100
1,000

..

180
109
98
103

J8

100

108H
il3«
167

64
..

.

45

105

107

too
1.000

TbJscn'uiin shows InstdlvideiM on

Q F
J.«D.
.000,000 Q-J
20.'l,(«Kl: J
4J
748.000 M.4N.

I.WIIO.OOO
1KXI,000
1

.

.

.

236,000 A.40.
600,000
200,000 m!4N.
250,000
500,000 j.'a'.t!
1,199,500
150,000
1,0150,000

J.4J.
A.40.
M.4S.

200,(»0 M.4.8.
750,000 M.4X.
500,000 J. 4 J.
2,000,000 Q-F.
2,000,000 J. 4 J.
600,000 F.4A.
250,000 M.4N.
•«<«*».

9<;july, '82' 24
7 |j'ly,1900 105

7

Connecticut River.....
Conn. 4 PasBumpBlc
Connotton Valley
Eastern (Mass.)
Eastern (New Hampshire)...
Fitchburg

Fllat4Pere Marq
pref
do

3
2
7

2«
2
7
4

7
12
7
6
7

...

Rutland, preferred

4 Lynn

St.

Louis

Vermont 4 Massachusetts.
Worcester A Nashua
WiaconMn Central

Phlla.

do
do
do
do

SX", reg., 1912
taxed, reg., 1882

UW
iid

'.'12

30

'82 iOO
Apr.,'9^t 110

115

70

80

Nof.iiK)4 103

1(8

70
July. '94 i05
Juiy, 821163

iVo
163

Apr

'85 lOS
,
Nov., '88 107

Sepc.,'8;l|l60

Mar., 1^ 250
July, "jojlio
May, '82 200

280
113

•luly. '901109

ll'S

Aug., •82 147

151
115

110

but thedateof maturity of

I

Cam.
*

4

oE

81M

54)i'

49

81« 6S

93M

6s. reg., 190'

reg

6s.

4>i8, reg., 1921

111'

31

Baltimore.

68, 1890, quarterly...
68, park, 1890, Q.—M.
68, 1893,

M.4S

68.1902,
f>s, 1911),

Bait.

Atlantic

42« 42«
'i'Wi
123

51« 53'

103

12H
1893

t Per abaro.

124

U1
130
130

J.4 J
new

\'.'.'.'.

lias

13«

124^ 126
140
Par.
100 193

196

124
nref
124«
121
2d pref
Wash. Branch. lUO
Farkersb'g Br..50 i'o'ii I2X
1st

,

50
50
...50

49>j

49M

17)J

&

ConneluvUIe...
BAILRoiO BONUS.
4 Ohio 6s, 1835,A.40. 106>i

PIttsbu g

106

Q—J

Central..
31« NorthernMaryland
Western
Central Ohio, common.

188)«

I....

ii7x;ii7«

68,exeinpt,'93,M.4S.
68, 1900,

CO
do
do
do

.

j.-o.jii.'sh
coup., '89

7s. cpe.ofi

1892 4

Norfolk water, 8s
RAILBOAD STOCKS.
BaU.4 0hlo

17H,

Louis, com.

6s,

m.

2d

do

do
do
do
do
do
do
do

Si*!

Inc. 7s, end.. c. '94.

In detaalt.

e'l'H

57

mort. 68. 'aj
Atl. Ist m. 78, g.,

10^

Baltimore 68, ISS4, quarterly. 103
107
do 68,;8S6,J.ij

pref.

ei«

Am. (

do
do

Lancaster.

pref..

do
do

..::

119

Del.. Ist m., es, 1886

Lehigh Navlga. m.,68, reg., '84
do mort. RR., rg . '97.
do cons. in. 78, rg., 191;
do Gr'nw'd Tr. 78. rs..'92
Morris, boat loan, reg., 183:>.
Pennsylvania 6a, coup-, '.910.
Schuylk. Nav.Ist m.68.rg..'97

do
deb.
do mort., 78,

BelTldere Dela. ist m.,Gs,lw^.
Ho
2d m.6s. '85.. lOS
3d m. 68, 'it.. 105
do

Camden

9m

baLiTi.tiore:.

RAILROAD BONDS.
Allegheny Val..7S-10s.lS9«... 122
78.E.ext.,19I0 118
do
do

108

do
CO ip., 19J1
do
Phll.4K.Coal41r'n deo.ls.si"

53H

CANAL STUCK8.
Lehigh Navigation
Peansylvanla
Scbuyiklll Navigation

i08>i

96
SO

MISCELLANEOUS BONDS.

pref..

do

I90I
Ist in. 7s, '97.

Pac. let m.,es,g..l90S 107

Penn, Co.,

ol.Paul4 DuluthU.U.Coni
do pref.
do
United N.J. Companies
West Chester consol. pref

4

4

4

ones.

101«

Huntingdon* Broad Top...

Wost.tersev
West Jersey

V.4 Pottsv.78,

Atl. 1st aiSs, cp 110
Western Penn. RR. 68,cp.'9j, 108
lOd
6s P. B.,'96
do
gen.m.7s. cp., 1901
do
CANAL BONDS.

East FeuHsylvanla
Elmlra 4 Wllllamsport

4

B5«

W.Jersey*

51

do
new pref
do
Delaware 4 Bound Brook

do
do
Lehigh Valley
pref
do

95

i:9M

118
West Chester cons. 7s, '91
18« West Jersey 6s, deb., coup., '8;i
Ist m. 68, cp., '96
do
ii'8
l8tm.78,'99
do
do
cons. 8s, 1909 ... 109

pref

do

190i

ii's"

08 Vi

31

Atlantic

St.

105

RIO Gr. D.v.,lSSO
do
cons. m..6s,g.,I905 'm
do
96M
lnc.4l.gr., 78 191;
do
Union 4 Tltusv. ist m. 7s, '9C, 92« 93
cons.
m.
6s,
'94..
United N.J.
114
Warren 4 F. ist m. Is, '96

2SH
"8«

pref

do

&

0^

7.". cp., 1911
do
do
Pltt8b.TItusv.4 B.,T8,cp..'96 98«
KiCh.4 Danv.cons.lnt.63,1915

'rexas

RAILROAD STOCKS.
Allegheny Valley^
4 Western...

Phtla.WIlnilng.

58,'.920

Snub. Haz. 4 W„lst m. ,5s, "Si
do
2dm. 6s, .938..
Syra.Gen.4 Corn'.^,l8t,l8,l»05

Buffalo Pitts.

4

do

Sunbury4 Erie

,

Pit'sb. Cin.

May,

,

74« •mi

'94

lis;

Har. P. Mt. Joy

I2S
106

4

Erie 2d ui. 78,cp.,'58 114
do
cons. mort. 68, 920

Phlla.

Pltte.CIn.4St. L. 78, reg..

18

6i, untaxed reg., "se-'gE
48, reg., 'S2 'ao
4», reg.. '91'-99
.
4s, reg , 190J.19 4

do

5s reg., 191a
Pa.4N.y.C.4 BR. 78,1090....
do
1906....
Perklomen 1st m.6s,coup.,'8i

do Imi>.m.,6^,g,. J. 18!!'
do gen. m.6., g.,C.l«)f
do In. m.. 7s,coup.,'896.
do d.^b. coup., i''93*
CO do cjup. off, 1693

58, new, reg., 189^-190'.)
48, reg., 1894-1901
48. reg.. '.912

do

do

do scrip, ISSi
do conv. 78, B. C, 1893'
do
78. coup, off, '93
PhIl.WiIm.4Balt ,l»,Tr.certB

25

143
119

113

i

'93

m

68

pref

Camden 4

122
lOS

1905. 121
1905. 118

con8.m.6^', rg.,
cons. m. 6s, cp.,

Shaini>kln

()gden8h.4 L. Champlain ..
Old Colony
Portland Saco 4 Portsmoutti
Pullman Palace Car

4

do
do
do

4!5^t

I

145

220
110
200
170

.. ...... 102
July, '82 190
July, '82,150
1888
105
July, '82 135
July. '82 140
Dec. 1902, 116
Aug., '82 lOO
1898
llOO
Aug., '82 810
June. '93 l!5
July, '82 200
Jan.. '81 100

*ia,

92

57«
New York 4 New England... lo9
Northern of N. Hampshire..
Norwich 4 Worcester

Hevere Beach

121

Newt'n4 >.T.,l8t, '9.
Phll.4 B. I6tm.6s,ex.due 1910
do
2d m., 7s, cp..'JS. 123
do cons. m..78,rg., 1911 123H
do
cp.,I?ll 123
do
do cons.m.6.i,gJliCI9il 112

Maine Central

Tol. Cin.

123

Norf'k t We.-t.,gen. in.,6s.lb31
on Creek, ist 6a, coup., 19ii.. 103
Pennaylv.,gen. ra. 6s, rg.,l91o 125
do
gen. m. 68, cp.. 1910

PO

Norfolk 4 Western.com
do
pref
do
Northern Cejtral
North Pennsylvania ..
Pennsylvania
Phlladelphla4 Erie
Phlla. Germ. 4 Non Istown
I'lina. -ewlowc&N. Y.
Pull8jelphla4 Reading
Phlladelphia4 Trenton

112
151
IC4

July, '82 149
'81 ;o3

June

3>i;Aug„ 82 215

148'

:06«

cp.,'S5.

'69)4 Phlla.

Little Schuylkill
Silnehlll

Broadway.]

2H

102H

28X

pref

40

93«

Concord

00
CatawlBSa

I

.

.

222

4c 80
90
75
85
Feb.. '82 52
£5
1900
101
101
July, 82 80
70
,
'8'
Aug
z;85 !«0
IBoo
105
110
.1.
78

0.

100 2,100,000 Q-J.
1,000 1,500,000 J.4D.
10 2,000,000 Q-F.
1,000
300,000 M.4N.
100
200,000 Q-.I.
100
400,000
1,000
300.000 ^=J:
100
500.000 J.
J.
Central Pk. N. & B. iiiv.— Stock
100 1 ,800,000 Q-J.
Consolidated mort. bonds
1,000 1 .200.000 .1 4 D.
Christopher* Tenth St.— Stock
100
«."/0,OiO if. 4 A
Bonda
1,000
250.000 1.4 J.

Dry Dock E.B.& Batt'ry— Stock
1st mortgage, consolidated
Eighth Avenue— Stock

Old Colony, 68
Pueblo 4 Ark. Valley,
Rutland 68, l8t mort
Sonera 78
3T0CK6.
Atcblfon 4 Topeka
Boston 4 Albany
Boatoa C lu. 4 Fitch
Boston & LfOweM
Bo8ton4 Maine.
Boston 4 Providence
Chesnirepreterred
Chli. 4 W. Michigan
Cin. Sandus'ky 4 tilev

m.5s,

let

do
2dm.78,op.,'96.
do gen. m. 7s, reg., XV'
do gen. m. 7s, cp., 1903.
do debenture i-s, reg. ..

117

.

Nesquehoning Valley

Bleecker St. & Fult. Ferry— St'k
1st

98
170

.Ian., '82

750,000 M. 4N;.

.'.v.*

no

100

1897
1900

00 1,000,000 Quar.
1,000,000

110
70

05

.)au., '70

North. Penn.

.

do
do
do

Sept., '81 ;o
M;.y, '82 04
May, '82 118l<

100 4,000,000 M.4N,
10 1,000,000 J. 4 3.
1,000
375,000 M.4N.
Var.
125,000 Var.
50
460,000 F.& A.
1,000

"82

Little Schuylkill, Ist ra. 78,'i»2
lit m.. 6a, \V!a ..

86« N. O.Pac,

Mexican Central, is
New York 4 New Kug. 6a.
Is ...
ao
New Mexico * So. Pac. Is...
Jgdensburg 4 L. Ch. con. 6
Inc.
do
OIdColony,7s

STATE AND CITT BONDS

105

1882

lis;
107!

.

ii's

do
l8t, 68 cp.,I898 123
do 2d m. Is, reg., 1910.. 133X
do coD.m.,68,rg.,l9^S 120
do
68,rp.,19i3
do

105

K. Cltv Lawrence 4 So. Da...
KnM.Oity, St. Jo.&O. B.ls.
Little It'k 4 Ft. Smith, 78,lBt
Mass Central 69

PHII'ADBIiPHIA

105

i^'julyi

...

Manchester 4 Lawrence
Mar. Hough. 4 0nt
Mar. Uoogh, 4 Out., pref
Nashaa« Lowell

155

July, '82 83
1898
03
Aug., '82 93
.July. '82 185
5 ;Auk., -ss 215
8
Aug., »!> 17S
3>,1

..

&

&

Bid.

*

May.

Var.
Var.

do
58,perp
M0%
Harrlsburg let mort, 68, '83..
8Stt H. 4 B. T. Ist in. "s, gold, '90.
•o
cons. m. 58, 1995....
Ithaca4 Athens lat g iL Is. ,'90
84
Junction Ist mort. 6!i, '82
lOOH 110
do
2d mort. 68,1900 ...
112
113. Lehigh Valley, Ist.fia, reg., '9b 123

I'asBumpsic, 7s

do

Datt.

100 1,000,000 M. 4N.
100 3,000,000

[Quotations by

A

12S

.

Mo., land grant 78..
Ex
Nebr.es
do
103
Nebr. 6s
do
84
Nebr. 48
do
Chicago Burl. 4 Qulncv D.Bi
.
C. nnctt^n Val'ey.7s
Call ornia Southern, 63
.asiorn, Mass., 4;<a, now.
Gulf Is
Fort Scott
Krle 78
Hartford

li'd

iio
new78, 1900,r.4op iso
Chartlers VaI.,lstm.78.C.,mi;
Connecting 68, cp. i90tH904. 118
Delaware m.. 6s reg.4cn.,var
Del. 4 Bound Br., 1st, 78, 190:'.
Bast Penn. Ist mort. 7f, '88
108
Bsston 4 Am'ooy, 58, 19J0
107
BI.4 Wmsport, ist 31.. 6 <, 1910 lis

4

Conn.

At\

103

.

125
100
12 >
ISO
75

Staples, Brokers, 11 Wall Street.)

25 2,000,000
20 1,200,000

4 Hoboken

Income
o
Boston 4 Maine 78
tfoBton « Albany 7s
68
do
;loston 4 Lowell 78
6s .._
do
iioston 4 Providence 78....
3url.

Bid.
.

Catawlssa lst,7B, oonv.. cp.'sv
do
chat, m., 108, '88

Pacltt -, 6s

I

Penna.
Par.

4

BEOUBITIKB.

4 Atl. 2d m. 6s, 1981.
<^o
oua., 6 p. c
181W
Cam. 4 Burllngtiin Co. »8,'»1.
<

land grant7B lis

do

Aik.

Sam.

200

)

Brooklyn Gas Light Co
Citizens' Oas Co (Bklyn)
do
bonds
_
flarlem
Jersey City

&

Bid

Fort Scott 4 Gulf, pref
common.
do
Iowa Fall8 4 Slonx Cliy
Lltt.e Rocli* Fort Smith ...

Gas and City Railroad Stocks and Bonds.
Oas Cohpahies.

[VOU XXXV.

4 Topeka Ist m.

\tcb,

Atlantic

Par.

COMPANIES.

n

.

QnotatTong in Boston, Philadelphia and Baltimore.

Insurance Stock List.
[Quotations br B. S. Bailet, Broker,

COMPANIKS.
are
Marfc«d thu»
not ffationoL

...

HRONlCUi-

(

Local Securities.

List.

—

.

N. W. Va. 3d m.,gaar.,'a5,J4J
PIttsb.4 Connellsv.'i8,'98,J&J
Northern Central 68, '85, J4J 104
6s, 1900, A.40. '1/
do
do 6s,gld,l»00, J.4J.
Cen. Ohio 6s, Ist m.,'90.M.4 s. io'bm
W. Md.6s.l8tm..gr..'90,J.4J. 109
do let m., 390, J.4 J...
...

12UK

liai

—

do 2dm.,guar., J.4 J
do 2d m.,pref
do 2d m.,gr. by W.C0.J4J
do 68. 3d m., guar., J.4 J.

Mar.

4

Cin.

7s. '91, F.

4A

...

127

2d, M.4N
do
lOOW
Ss,3d,J.4J
do
sax
Union RR. lat, guar., J. 4 J., 116
c nion endorsed.
do

Wll,4 WeWon. gold.
WII.C.4 A g..68
Consolidated Gas

do

bonds

7b

i'l'a

"ii'4.

103

i27H
lOOJi
56?!

119
110

42M

104

Jolt

11

.

..

THE (mHONICLE.

29, IfSa]

—

Latest Earningt Reported.

Week or Mo

1882.

Jan. 1

to

haUtt

1882.

1881.

119

New York City Banks.—The tollowing sUtement shows th
condition of the Associated Banks of New York City
for
week ending at the nommencement of bnsinesB on July 32: Mie

The latest railro&d esrniaga and the
from January 1 to latest date are giyen below. The
tatement inclucl«9 the gross earnings of alt railroads from
which retarns nan be obtained. Th*^ ccJlamns under the heading "Jan. 1 to latest date" furnish the gross earnings from Jan,
1 to, and including, the period mentioned in th>{ second column:
Rtiilroad Enrnia'^ii.

totals

Boadi.

:

.

BonAi.

Date.

N«w York
Manhattan

18S1.

Co...

Vlereb.in(.s

MechauiCH'

Ala.Gt.Soutliom June
Atcli.Tdii.&.S.Ke

June

Bost.Cl.F.&N.B.
B08t.&N.Y.A.-L.

.Vfay

May

Buir. I'illHb.iViW. Jiiiio
Biii-.Oort.n.ifeNo. "JilwkJuIy
Cairo
.luly
St. I,ouls 2<1

A

Cont.Br.Un.Piic.
Central Fiicitlc.

ChcRap.
ChlonRo

&.

wk
SdwkJuly

.luiio

Ohio. .June

& Alton -d wk July
Chic. Bur. &Q.. May
Chic. & East. 111. 3(1 wk July
Chic.&Ur.TruniilWk.JuIy
3d wk July
3d wk July
Ch.8t.P.Min.\0. .tdwkJuly
Chin. &\V. Mich. Juno
Clu.Iud.St.L.&O. 2d wk July
^

Ohio. Mil & St. P.
Chic. & Northw.

Cincinnati .South 1st

wk J'ly

Clev.Akrou&Col 3(1 wk July
Col. Hock. V.&T. 3d wk July
Denv. & Rio Gr 3d wk July
Dcs M. & Ft. D. 2d wk July
Del. Lan.

& No..

wk July
2d wk July
3cl

Dub. & Sioux C.
Eastern
Juno
,

E.Tcuu.Va.&Gu Juno
Europ.&No.Ani March
EvauHV. &. T. II. 3d wk July

Flint & P. iMarq lat wk J'ly
Gal.IIar.&.San A 4th wk J'e
Trunk.... Wk.JulylS
Great Wosteni
Wk.Jul.v21

Grand

Gr.BayW.&St.P. 2d
Hanull)al&.St.Ji)

3(1

wk July
wk July

HouB.E.&W.Tex June
Illinois Ceu. (111.) June
Do
(Iowa) Juno
lna.Blooni.& w. 3d
& Gt. North. <d

Int.

Iowa

C'eutral
K.C.Ft..S. .SGulf

K.

C.

Law.

&

& So

h. Eric
Wi!st'n
L. R. i Ft.Suiltli

Jjoag iHlaud
Loulsv. & Mo. R.
I<oui8v.& Nasliv

Maine

C<-'ntral.

wk July
wk July

Juno
2d wk July
3d wk May
2d wk July
June
3d wk July

May
3,1 wk July
.Mav

Mar.Honyh.&O 2d wk July
Mil. L.Sh.& West 3(1 wk Jalj
Minn.(t St. Louis May

Mo. Kan. & Tex.
Missouri Pad He.
Mobile & Ohio..
Na8hv.(;h.<tSt.L
N.Y.&N. EuKl'd
N. Y. Pa. & Ohio
Norfolk Si, West.
Korthcrn Cent..

3d wk July
3d wk July
Juno
June

54.490
362,546
51,731
346.848
1,117.000 1,197.5.50 0,800,718 5,390,206
31.887
25,880
23.216
H8,.')90
109,421
53.162
383,150
297,0(J6
47,0112
37,735 1,381,765 1,07.8,512
8,7.J9
180,890
6,706
223.167
12,335
417,6.):
10,268
515.823
2,23:i.00n 2,159,381 12,165,900 10.889,924
200,753 2ll,135| 1,388,490 1,290,123
10.'). 981
164,247 3,732,303 3,552,.529
l,505.2()2 1,079,456 7,718,451 7,014,745
915,023
3S,001
31,280
854,315
3i).!»22
25,069

337.000
4G2,0(i8

80,737
110,130
43,749
50,350
9,057
57,7.=i4

113,929
0,170
25,011

22.H7J
284,002
208,398
47,132
31,514
3--.,548

24,708
209,804
95,509
0,0)9
39.719
23,344
520,810
142.936
50,989
42,808
100,029
30,935
13,553
20.973
27,138
63.035
31,619
249,480
170.337
47,573
16,280
104.307
11(5,074

wk July
May
^d

184,009
132,572
119,074
73,239
440,099
174,843

349,520 10,l39',6bo 8,l9V,i'23
415,218 11,811,111 10,325.682
2,440,139 1,912.757
83,511
114,270
719,230
59(!,339
41,459 1,297,585 1,192,170
1,207,700 1,051,032
46.44
261,767
223.492
7,09
54,251 1.419,807 1.175.790
124„TO3 3,49(1,000 2,916,972
7,705
182,457
170,403
24,568
27,125
594,718
535,401
268.377 1,503,591 1,394, ls2
204.208
41,505
118,805
163,8'3'i
14,000
1,082,700
34,484
939,150
23,123
021,390
508.954
204,231 5,744,537 5,758.179
95.190 2.718,87: 2,876,384
7,421
47,101
13,813
629,280
174,607
52,972
45,593
89,918
26,870
10,439
28,805
28,058
62,174
33,743
192,400
112,310
38,881
11,191
97,115
111,169
120,725
136,517
151,549
56,958
470,3(19

1,024,673
122,323
3,203,330
905,425
1,290,239
1,470,635
510.171
815,694

3.065,375
787.833
1,286,702
1,275,738
390,456
746,972

697,211

682,179

1,129,675

995",8'32

6,77i',ioi

6,d2;V,915

1,149,437
6(5,010

698,790
565,296
339.318
455,863
271,999
519,938
333,196
2,970,643 2,623,573
3,679,983 3,399,309
887,727 1,117,899
886,745 1,079,224
1,695,480 1,304,413
2,179,759 2,282,709
1,021,958
995,129
2,051.671 2,661,867

Union
America
PhcBnIx.
Ctlr

TrudoBinen's
Fulton
Chtiuilcal

Merch'nt.B' Exch.
Uallutin Niitlon'l

OutcIjors'&Drov
MeollunloH'

State of .\. York.
Araerloiin Uxch

Ohatlnim
People's
.Vorth Aiuerlcu.

Hanover
[rvlnK
Vletrop(4lttan
CltlZOQS'
.Vassau

wk

11,317
394,314
10,217
305,715
Philadeli).(fe Erie Juno
311,014 350,585 1,725,164 1,7'23,027
Phila.(& Reading June
1,714,730 1,707,290 9,531,490 9,137,089
Do Coal tfe Ir. Juno
1,303,253 1,143,610 6,272,393 5,560,121
Richni.&Danv.. 3 wks July J100,200
;93,857 1,766,290 1,691,542
Rochest'rA Pitts 2d wk July
5,450
147,551
5.783
117,451
8t.Johnsb.&L.C. May
18.414
14,916
83,359
63,715
Bt. L.Alt. &T.H 2d wk July;
23,448
25,645
622,515
767,535
Do (brchs.) 2d wk July
418,251
18,530
11,181
388,459
St. L. Ft. S. (few. Ist wk J'ly
107,900
4,988
8t.L.Irou.Mt.&S 3d wk July
117,722 120,470 3,577,441 3,690,810
Bt.L.i&San Fran. 3d wk ,Iuly
82,275
57,615 1,719,69.5 1,629,407
Bt. P. Mlun.<feM. (d wk,Iuly
90,400 4,257,162 2,212,921
205,500
Boioto Valley... 3d wk JiUy
10.384
8,975
263,128
191,263
Bouth Carolina. May
74,219
69,184
517.748
524,986
ISO. P.ic. Cal... May
104.864
411,149
Do So. Dlv. April
*369,816
•1,338,331
So. Pac. of Ar... .March
•213,305
•660,697
Bo. Pac. of N. M. .March
•60,234
•149,304
Texas (& Pacitle. Jd wMt July
84.456
73,760 2,317,140 1,953,726
Tol. Del. & Burl. 3d wk July
17,151
15,328
483,015
322,638
UdIou Pacitle .. ISdysJuiy 1,277,000 ,190,000 14,376,000 12,454,000
Utah Central
May
152,323
643,304
VlcksU'wA Mcr. June
2(i,Sl7
218,392
26,76?
Va. Midland ... i wks July
;42,004
653,578
595,442
J34,80S
Wab.St.L.ifcPae. 3d wk July
378,814 303,707 8,399,225 7,036,145
West Jersey
May
320,322
284,853
Wisconsin Cent. Juno
144,283
i2<y,720
928,000
601,887
* Included In Central Pacific earnings above,
t Northern Division.
{ Freight earnings.
fuly

...

Market
St. Nlcholiin

&

;lhoe

Leather.

Corn Exchange.
Oontln^ntal
Oriental
.Marine

& Tr»

Importera'

Park
Wall 9t. Natlon'l
North Illver
KasL Uiver.
fourth National.
Central Nat
Second Nation'!
Ninth National..

First National..
Third .National ..
N. Y. Nat. Kich..i

Bowery National
York County..

N.

4erm'n Americ'n
Chase National..
Fifth Avenue...

Oerman Uxob.

..

Qermanla
0.8. Nat
Lincoln Nat
Total
61.182.700
• To be increased to ll.OOO.OJO.

Tue

r

1832.
••
•'

.

U. S. Sab-Treasurr.—The following table shows the receipts
»nd payments at the Sab-Treasury in this city, as well as the
balances in the same, tor ed-cii aay of th« past week:
Paymente.

Beeeipte.

JnlT 22.
"
24.
"
25.
"
26.
"
27.
"
28.
Total....

1,335.1,50

1,607.209
3,262,409
1,360.683
1,229.658
1,850,910

92
77
36
02
31

S
800.012 22
923.605 12
1.284.577 04
1,010,079 10

12

940,322 60
1,597,501 36

10.696.001 50

6,562,130 44

Currency.

Coin.

$
81,064,176
81,701,231
83,571,630
83,910,624
84,417,733
84,553,400

*
49
62
41
29
01
87

5,539,069
5,585.616
5,693,047
5,698,613
5,180,840
5.59i,547

95
47
00
04
03
93

Circulation

i

Specie.

<5.40>

l>ee.

i

L, Tindera.

l....Si2.Sftl.300
8....»2'».67B.933
15.... 321.8)6.200

iSfl.lSl.SOO

3),S4<,Sa0

Bl.aW.(l')0
83,929.:i00

23,un,BO0

2i....3iO.iOi,70O

64.iJl,80J

:M,5i3,ljO

Boston Banks.

OirciUation. Ag^.Oii.tr
t
*
18.488.9)3 e78,8M.SeS
818..i3»,I00 l^.tlCtOO 542.40 1. 6t4
,Sil,003.«00 18.j06.300 8a9.274.7M
3«,»J3,«0a IS.IrtJ.HOO a57,«-(7,»4S
Deposits.

3t>5,3S'<l.l00

a.'),602.i)ft0

—The

following are the totaU of the B<j<iua
banks for a series of weeks past
LoaTU.

Specie.

L. Tenders,

19l.4a8.S00
154.381.200
153.172,500
153,9 14.U00

7.987.300
"
7.575.400
7,520,800
7,885,900

3.9d2.700
3.151.900
8.773,700
3,»si,ooa

Deposits.* Circulation. Ago. Ct**-

f

1882.

July
••

"
••

3..

IC.
17..
84..

Inoludinc the Item

*

'•'

93.10J.000
98.»2T.30a
97.375,000

80,«ai,»30

e»,7l3J8»

30.S3S.M0
30.56X300

e9.0S7.eJV
73.293.247

97,6i)J,100

30,432.200

75.&ll.SSfc

due to other banks."

Philadelpliiii Banks. -The totals of the Philadelphia ban';
are as follows:
Loans.
t

L. Teiuters.
«

76.091.119
75.455.578

10.102.140

75.217.1s!3

19.583.323
20,049,849

1882.

July 3
•'

"
"

10
17
24

75,133,502

18.877.'i3«

Deposits.
*
"H.10H,)76
07.U7a.t59
HU.079.891
69.518.259

>

OireutaUtm. Asi. OU-i .
»
*
9.707.1S3
55 31^874
65,2ll.4l»
60.038. J16
(M.219.9I7

9.rt7S.II35

tf.8!5.883
IJ.eK9.82S

Unlisted Securities.—The following are quoted at 3S

New

Street:
Sid. Asked

Bid. Asked.

American

Elee. Light

Am. rel. .& C.ible
Am. Cable (Joustr.
Atl.iSs P."jlks.,30

Do

76>4

Oo.

Boat. H. (&E.,

Do

new st'k
old

m

Do

Chic.

& Can.

C.stck
pref.

So. stock.

Do

2H
IH
....

75

4%

bonds

Contineutal Constr.Co. 65%
Central Railway Consitri! ;t' u Co.iD. L.W.)115
Der. & 14 O..W. sub.ex. 90
Do stock

Do bonds
79
Deu.&R.O.unl'dcons. 97%
Denv. <fe N. Orleans... 75
Dos M. & Ft. Dodge

stock

(fe

stock.. 27»8
St. L. pref

ex J'e,'82,op 92
9
2^ N. Y. Sus. & West
l"* N Y. W. Shore i Buff.
sub., 38 per cent
79
North River Const. Co
N.J. Southern
l^i
35
Oregon Ijiu.Co.lstex. 92>s
9Ja

70"
117

93%
29
8OI4

98 14
100

l8t,

1>«

84<a

62
22

.

Pitts. & Western
Pullman's P. Car rghto
Rich.* Al..feO.C.sub§. 91
<fe

ex bds. A stok SHl
Dan. ext.snijs. 91

deb. subs
Du
Selma Rome i& D.SLock
2d M.gtamp.
Do

Jo

Sl West, stock..
Tex. (StCol. Imi).,50 pd
Tol, Cin. (feSt. L. Ists.

81'4

94

7

MO

....

H

2

3
15

71

7Si«

Do income bonds 19
17
stock
Do

40
12
8
63
17

96
92

Do

St.

55

12

subs. $10,000
bl'ks ex-bds
Ohio Cent. Kiv.D. Ista. 60i«
Do Hi ver incomes 'io**
Pensacola & Atlantic. 84>e

Do »tock
Oreg. Sh.L.subs.OOp.c

Bioh.

655

28%
94"

94
85
124

Do

pref

Edison Electric L. Co. 610
Flint & Poro Mar
Grand Rapids .te Ind
Hud.Riv. Contract Co.102
luteruat. mii. Co
48
Ind.B. &W.,Ea8. D.lst
Do Income bonds
Mld.RR. of N.J. stock. 22
Do
A bonds
10
Do
B bonds.... 6
Mex. Nat. bonds
61>fi

Do

Do
Do

Butt.N.Y..fePhlla. sub8.*21
D.(fe

Mo.Kan.JtTci. K^mort. 86
Mutual Un'u Tel. bds. 77
N. Y. Ch.

p.c.pd

Brooklyn Elo. Ist
ChicSc Cal.

77

*

Incomes

Do

Bataiieee.

.

|

1.077.700
491.500

are the totals for a series of weeks past:

Loans.
t

I

.

.

Doc.
Dec.

The following
July

i8.iw.*oa

deviatioua from returns of prerious week are as follow*
Ino (5.853.500 Net deposits
Inc tl.tM,40ft

boans and discounts
Specie
Leiral tenders

. .

Peoria Dec. (fcEr. 2d

Tr,

Coniuierce
Brnadnrar
Mercmntile
PaclHc
Kepubllc

785,907,

June
156.888
Juue
482,76:
487.28
Northern Pacific 3d wk July 162,890
91.760 3,0.59,831 1,.574,514
Ohio Oentral
3d wk July
18,185
14,924
514,641
312,926
Ohio Southern.. 3d wk July
0.107
188,467
6,498
Oregon inii>.Co. May
255.791
1,227.213
OrcKon R.&N.Coj June
395,9t)0
374,995 2,240,500 1,766,288
Oregon iCal... .luno
72,400
Peuiisylvania .. June
1,093,750 3,807,43 22,650.847 21,553,839

At

Qreeuwioh
Leather Miin'f'rs
Seventh Ward...

U. S. Electric Light .102
Vicksb. Mer'u com.st'k 9

22
18>3

. .

*

Pi

emlum.

io'ia

1

. .

THE CHRONICLE.

130
AHD

g

the
exhibit
IHVBOTORS' Sdpplkmbnt eoniaiiis a eomplete
Stocks and Bond)
States and CUie* and of the
It «« P"^^"'^«'*.<"'.,"'«,
of RaUroads and other Companies.
f/
Aprtl, June
Baturday of every ether month-vit.,_ February without extra
farmshed
aud
is
December,
August. October and
Single copies
tJrge to aU regular subscribers of the Chbosiclk,
«M-« »oM a< ya p<r copy.

The

Funded Debt of

.

ANNUAL REPORTS.

:;:::;:::::::::::::

3,331

$228,039
149,335

Totel

Expenses.

1831-82.

$218,822
53,105
3,913

$210,089
54,963

$275,84«i

189,172

$269,011
209,568

$89,673

$59,413

$78,704
NeteaminKS
The income account for 1881-82 was as below
Cash May 31. 1881

3,959

:

289011

Gross earnings for tUo year
Sundry accounts

8 654
'

$279,697

Total

*209,568

TransportJvtlou and repairs
-/••
Interest
Central Kallroad Company of Georgia
.-

q'Ati
/
d,o

Casli

May

31.

278,851

»,i».4-

EeserT«dfund

$846

1882
BALANCE 8HKET, MAY 31, 1882.
$1 .709,138
294.871

Stock Interest
BlUs recoivuble
Profltandloss
Sundry accounts

„, I'ii'i

^iS'S^l
7o,7si

$987,265
279,900
5,080
1,133,000
679

Capital stock
Prof, capital stock
Pike County stock

Funded

deljt

Agents' ledger

$2,405,924

Total

$2,405,924

Total

Central Railroad of New Jersey.—The New York Herald
has contributed to the current information about this company
by publishing the figures contained in a report filed by a Master in the New Jersey Court of Chancery. The report is presumably correct so far as its quoted otficial figures are concerned, and the Herald reporter submitted it in full to the receiver for corrections before its publication, but Mr. Little declined to make any corrections or say anything about it. It is
the purpose of the Chronicle to gather in railroad information
from all sources, so far as matters of fact are concerned, and
credit is fairly given to all other publications as these, columns
from week to week bear witness. The animus of a publication
anything new as
is nothing to the Chroniolb, provided it gives
a positive fact about any railroad, and the conclusions made for
sensational purposes are usually dropped, while the truth, if
there is any, is sifted out and brought down to an intelligible
shape for the average reader. " So let it be with Csesar, and

Liabilities.

Assets.

Constractlon

debt consists of $300,000 second mortgage 8 per
cent bonds, $800,000 third mortgage 4 per cent bonds and
^38,000 third mortgage 6 per cent bonds.

The bonded

Canton Company (Baltimore).
(For the year ending May 31, 1882.)
The annual report says " The past twelve months has been
an eventful period in the Canton Company's history, the sale
of the Union Railroad by the Canton Company to the North em
Central Railway Company having occurred since our last report.
:

Your directors deem that a brief recital of connecting causes
and facts will be acceptable.
•'
The Union Railroad was built by the Canton Company in
18*70-73 for the express purpose of developing Canton property,
giving transportation facilities to its various business enterprises.
" The wisdom of the project has been fuU^ vindicated by
actual results. In the early history of this road, its maintenance
was an expense, but business gradually increased until finally
*•
* *
it became satisfactorily remunerative."
*' Your directors offered to sell them (the North. Central) the
load, and after some negotiations accepted five hundred and
ninety-four thousand dollars, subject to the existing mortjfas;e of fifteen hundred thousand dollars and the interest thereon.
*'
What is known as the Union Railroad sinking funds, set
down in this report at $689,885, created by the Canton Company to protect its endorsement of said Union Railroad Bonds,
•was not included in this sale, but will remain, with its accretions, intact until the maturity and payment of said Union
Railroad bonds by the Northern Central Railway Company as
agreed, when it will revert to the Canton Company. In a
•written and recorded instrument it was also agreed, and made
Bart of the consideration paid for the Union Railroad, that the
Korthern Central Railway Company and its assigns should
hereafter, as set forth in detail, protect and promote the general business interests of Canton, as well as aid in the continued
development of Canton property."
TREASURER'S REPORT FOR THE YEAR ENDING MAT 31, 1882.

_

'>r.

Bal.ince May 31, 1881 .
House rents
Oround rents
Wharf rents

Warehouse

omitting the various conclusions, suggestions, remarks, &c., of
the Herald report, the comparative list of assets in 1877 ana
in
1882 are quoted below. These have not before appeared
for five
print, and after the depressing silence of the receivers
whatever
years, under the Chancellor's direction, any statement
about the company is acceptable.
The Herald report has the following
"Some idea of the true condition of the property may, perhaps, be gained at last from a report which has just been filed
in the Court of Chancery at Trenton by Mr. Amzi Dodd, SpecLathial Master appointed to examine and report upon Judge
rop's accounts as receiver. This report covers the whole period
1882
of his receivership— from February 15, 1877, to March 3,
and embraces two complete inventories of the property, one
made on the appointment of the receiver in 1877 and one on
January 31, 1882, and also a supplemental inventory at the
date of the appointment of the present receiver, March 3,
1882. The excess of receipts over disbursements for the entire
time is stated at $350,452 74, which sum, the Master says, 'was
the cash balance in the hands of said receiver at the date of
his decease.' This amount, in the precise language of the Masand
ter, was 'the difference between the aggregate receipts
expenditures * * * Iiad and made by said receiver durmg
the period of his receivership.' Neither the items of income
and expenditure, nor the gross amount of each respectively M
stated, but reference is made to monthly statements, which
were examined and verified by the Master."
INVENTORY OF FEB. 15, 1877.
Schedule I.— Cash SecurUies, Accounts Receivable, <tc.
"The values affixed to the following named securities and accounts
receivable are those at which such securities or accounts stand upon the
books of the company and are hero inserted, not for the purpose of fir-

2,071
41.422
20,674
4,588
11,469

rents.

Farm and lot rents
Brickyard rents

282

Wharfage

3.170

fnterest

765
194

Saleof sanil

Water rent returned
Taxes returned

Repairs to roads and
Repairs to wharves
Repairs to houses
Advertising,

&c
Legal services and surveys
Office expenses, &c
Insurance, taxes and waterrent
Salaries of officers,

1

" Petty »ash

Ac.

.

acooimf

.?2)1,311
.

*LS2,325

Brtl. in

liank,

Grand

May

toiii

31. 'S2

value, $0,1)79,250)

Bonds aud mortgages receivable
Most of above were pledged amounts due to company
from various persons aiul corporations.
Bills receivable

40,532
11,400
1,684

.

tota

Securities pledged to secure indebtedness of the company.
(None of these securities came iuro the possession of the receiver when he assumed charge of the property of the
company, on Feb. 15, 1877.)
300 Central RR. Co. of New Jersey consolidated bonds
3,278 Central RR. Co. of New Jersey ten years bonds
700 shares Central RR. Co. of Now .Icrsej stock
4,906 Lehigh & Wilkesbarre consolidatcil bonds
30,000 shares American Dock & Improvement Co. stock
1 33,535 shares stock Lehigh & Wilkesbane Coal Co. (par

1,064
1,395

137
50
$69,672
10,000 Rebates allowed N. C.
Railway Co
$21,581
$97,829 Trustees Canton Co. sjilos
51,975
3T. C. R'y Co. to purchase
Interest on bonds
94,943
StockofU. RK
$6,000 U. RR. stock for N. C.
W. C. R'v Co. U. RK. stock
50.000
R.iilway Co
6,000
Sale of nouses
1.975 U.RK.Co.,forsnndry bills
.'i,51.T
Onion RR. Co. advances. 113.366 Temporary loans
67,400
Temp'y loans n.'turned
60.000
$247,414

Oranl

$9,965

Cash

1,142

3,581
5,916
2,055

stationery,

3

lusur'ce from loss by Are
Aasessment returned
Bev. Canton Elevator

sts.

ing the value thereef, but for the purpose of connecting this inventory
with the said books."

15,000 shares stock New York & Long Branch KK Co
2,996 shares Lonswood Valley RR Co
8,500 shares High Bridge RK. Co
Securities not pledged—
1,620 shares stock Central RR. Co. of New Jersey
Ellzabethport & ^few Y'ork Ferry stock
Muncie Creek RR. bonds (par value, $1,000)
New Jersey West Line RR. bonds (par value, $900,000)....

Cr.

$53,154

.

:

yesterday gave his decision in the matter of the injunction
restraining the Camden & Atlantic Railroad Company from
making a purcliase of the Philadelphia & Atlantic City Railroad. The injunction is made permanent.

Mobile & Girard.
(For the year ending May 31, 1882.)
The earnings for three years were^M follows
880-81.
'^l^'JSl

XXXV.

Baltimore & Ohio.— A dispatch from Columbus, 0., July
says "Judge Bingham of the Court of Common Pleas, today decided the cases between the Baltimore & Ohio, as lessee
of the Ohio Central and the Pittsburg Cincinnati & St. Louis,
granting an order of partition for the line between Columbus
& Newark, and declaring that the title to the yard rested in
the Baltimore & Ohio. The injunction suit was decided against
the Baltimore & Ohio, and the Pittsburg Cincinnati & St.
Louis is given the right to do freight and passenger businesB
over the line. The injunction is made perpetual as to the
payment of the expenses of the division."
Camden & Allantic.— Chancellor Runyon, of New_ Jersey,

22,

STATE, CITY AND CORPORATION FINANCES.

freight
Passage

[ToL

GENERAL INVESTMENT NEWS.

%nvitstmtnts

.

—

:

).2:>7

*i!.-;,;j>

Station bal.anccs

Lehigh & Wilkesbarre Coal Co
Accounts receivable, railroad balances, &c
New Jersey Stack Yard & Market Co
I-ongwood Valley RR. Co
High BridseRR. Co
Lehigh Coal & Navigation Co. (construction loan)
New York <& Long Branch RR Co
American Dock & Improvemon tCo
Union Gas Cha iter
South Branch RK. Co

300,000
^'^Z^'^Si
^2'2i2
*'^®5'„5x
3,000,000
5-7?2'922
1,500,000
299,600
850.000

162,000
49,246
3,500
407,557
147,027

?o'§?n
^«?^."?„„

W'^t*??
200,788
1,')8,817

119,768
135,430
974,885
212,482
597,146
1,556
3,568

$24,677,609

Total

INVENTORY OF JANUARY

31, 1882.
FcheJu'e I.— Cash Seeurilies. Accounts Receivable, tf-c.
"The values amxe.lto the following-named securiiies and accounts
.•oc^ivableare those ;. which such securities or accounts stand uiMjn

:

:

Jdlt

—

.

THE CHRONICLE

29, 1882.1

books of the company, anil are Iicre Inserted, not for the piirpoBO of
tiling tlievaliie Uiereof, but for tlie purpose of oonneclliig tills luTentory

tlio

cii^*.'!^':^!^.!'""''';"

SecnrltlcsplodVcdtoseciiremortKftKe loansG.llG I*lil«h & Wilkesbarrc consolidated bonds
30,000 uliares Ainci loan Dock & Improvement Co. st^ck
Stock of tlio I^high & Wilkosbarre Coal Co. (par value
. .

iJM!.(i79.2.W
:
York
Long Brancli RB. Co
l.">,000 Bliarcs stock
3,000 sliaros stock Longwood Valley RK. Co
8,500 sharcH stock HIkIi BridKC liR. Co
Securities not pledged to secure mortsaffe loans (part of
tUefoUowiiiKare plcdi^cd to secure time or demand loans)—
.ler-sey stock
552 sliaros Central Kll. Co. of
York I'erry Co
Stock of th>> Elizahetliport

&

New

New

& New

4 bonds Munclc Creek RR. Co. (par value $1,000)
Bonds and iiort i,'a},'e8 receivable
Bonds secured by mnrtgaKe on ttie East Providence pier of
tlio LeblRh A Wllkesbarro Coal Co
2,353 I^cblKli & Wilkesbnrre income bonds, series B
80 bonds of tlio Crystal Spring Water Company
Stock of same
38 bonds of the Tidewater I'ipo Company (limited)
50 shares stock of the Uover & Rockaway Railway Co
100 shares stock of tbe Ocean Oil Co
150 bonds of the Lcliich & Jjuzerno Coal Co
Stock of the Lebigh Construction Co
I

Stock of the Scranton

.Steel

Conip.any

of the I'rcobold & New York RR. Co. ($100,000).
Stock of tlie Old KanKOr Slate Co
Pennsylvania Anthractto Coal Co. purchase
Indebtedness to the receiver of the various persons and

100 bouds

9592.891
„,„ ,„„
3,000,000
.

ft,8l3.183

^•IP-^%^
1,500,000
595'°92
850,000
55,200
49,240
,2'592
53,467
1.30,000

2.353,000

Ji'^^
5f!'^?9
^L'iiSJ

5,000
10,000

^5vS22
2'9^n
6,000
00,000
"

,o'„
43,910

corporations
Bills receivable

$60,823

Station balances
Accounts receivable, railroad balances, &o
New Jersey Stock Yard and Market Company

239,(!9l

liOngwood'ValUy Railroad Company

High

liridf-'C

Railroad

Company

.•

Lehigh Coal ANavlKation Construction Loan
Dover it Rockawav Railway Company
Manufacturers' Rlt. Co. (exclusive of lands acquired)
Lehigh & Wllkcsbarre Coal Co., steamship account
Deposits with State Treasurer of New York
Union Gai (Join pauy Charter
Jergey City <& Communlpaw Raiiroad stock

North .lersey Iron Company
Packer & Waddel Loan
Pond Creek Coal Company
South Branch Railro.ad Company
West End Iron Company
Lake Hopatcong Railroad
Lehigh Coal & Navigation Company, to he added to constmotlon loan when fully a(\)usted

663,814
159,227
139,584
182,515
579,314
32.288
43,647
97,057
12,000
1,556
4,233
9,084
12.000
5,294
3,.5C8

14,072
551
10,170

$23,207,638
Chicago Saginaw & Canada.—This road is noticed for sale in
foreclosure at Grand Eapids, Mich., on the 2d day of Oct., 1882.
Total

Colnmbas Hocking Valley & Toledo.—A Cleveland special
says: "The announcement frona. Columbus that the Standard
Iron & Coal Company had succeeded in purchasing control of
the Columbus Hocking Vailey & Toledo Railroad is positively
denied by Judge Burke, Vice-President of the road. He slates
that negotiations for the sale have been in progress for some
time, but that no agreement could be reached, and that they
are now entirely at an end, the sale of the road not having
been eflFected."
Connecticut State Bonds.— At Hartford,

Conn., July 26,
the bids for $500,000 of the new Connecticut State 20-year 3^
?er cent non-taxable bonds were opened at the State-house,
he bonds were taken at a premium, the awards being to bidders of 104 to 107"5. The total amount of the bids was
$2,577,000, and the average of the awards was 105 "4. The
successful bidders were Hubbard & Farmer, Hartford, .?100,000,
at from 107-2 to 107-5 ; C. T. Hillyer, Hartford, $50,000, at
105-12 5-10 ; J. B. Powell, Hartford. $10,000, at 105 ; W. H.
Champlin, $3,000, at 104 ; (xeorge William Ballou & Co., New
York, $337,000, at from 104 to 104-75. A Hartford savings
bank bid for the whole amount at par, and Winslow, Lanier &
Co. bid for any part of the total amount at par and 98. The
other unsuccessful bids ranged from 101 to 103-75.
Cincinnati New Orleans & Texas Pacillc.— At a meeting of
the board in Cincinnati last week, Mr. John Scott, Vice-President and General Manager, submitted a statement of the
accounts of the company for six months ending June 30, 1882.
The Cincinnati Co??ime7-ciaZ says: "Attached thereto was an
explanatory note showing that the early promise of the year
was pot sustained, and that the receipts which opened for the
month of January at an increase of iifty-two per cent suffered
severely afterwards, and in April the increase was only two per
cent, the cause being attributed to the exceptionally bad
weather, the short crops of last year and the heavy floods.
Under the unfavorable receipts it became a question whether
All
the expenditures should be correspondingly cut down.
things considered, and bearing in mind the fact that the road
was not fully completed, it was decided to carry out a system
of liberal though careful expenditure to properly maintain the
road-bed, bridges and tunnels, in order to keep up a high-class
road, which should be fully able to deal with the heavy
business to be anticipated when the period of depression should
pass away." The receipts were as follows

Jammrv

$190,922
188,798
226,*05
180,112
208,188
189,756

February

March
April

May

June

$1,184, 18a

Total

Operating expenses (including taxes)
Leaving a net halance of
Surplus brought forward from 1881
Total

Pud the ti-ustees for lease of
Balance.

—

820.443
$363,74o
65.952
$4-.i9,6y2

the road

406.000
$23,692

131

But as $30,000 was ordered put aside as a naclens for a sinking fund, there is a debit balance on the operations of the six
months of $6,307. On this showing the dividend was passed,
and the policy of the General Uanager in maintaining the road
was approved by the board.
The operations of the road from the date of its lease the
12th of October, 1881, by the present company, to the 30th of
June, 1882 show the following results
Receipts, 1881
•813,718
Receipts, 1882
1,184,183

—

—

:

$1,797,002

Operating expenses, including taxes, 1881
Opurating expen.sos, Including tuxes, 1882

$323,776
820,443
$1,144,219

Net
Of which there has been paid the tmstees

$6!53.692

684,989
$68,692

Denver & New Orleans— Fort Worth & Denrer City.—BxGovernor John Evans, President of the Denver & New Orleans
Railroad Company, on hi.s way from New York to Denver, informed a reporter for the Chicago Times that he had just concluded an arrangement with Winslow, Lanier & Co., one of the
heaviest banking houses in New York, for placing $9,000,000 of
the company's bonds, which insures the completion of the line
to a junction with its Texas connections at the Canadian River.
Gov. Evans said that the press dispatch from Denver, announcing that in its suit against the Atchison Topeka & Santa Fe to
enjoin the latter from discriminating in favor of the Denver &
Rio Grande, that Judge Hallethad rendered a decision, was misleading.
It was only a refusal, he said, to grant an injunction
Judge Hallet has already decided
before hearing testiniony.
that Under the constitution of Colorado the Atchison Topeka &
Sante Fe is required to exchange business with the Denver &
New Orleans- Raiiroad. The court argued this at length when
dismissing the Atchison & Santa Fe's demurrer.
—The N. Y. World says :—"The Fort Worth & Denver City
Railway is now completed to Henrietta, Clay County, Tex.,
ninety-six miles from Fort Worth, and opened for traffic from
that point. Shipments of cattle began on the 18th inst., there
being about 30,000 head of cattle awaiting shipment at Henrietta.
It is intimated on excellent authority that the negotiations between the Denver & New Orleans Railroad and a
syndicate of New Ysrk Bankers have been successfully consummated, and that that roai will be completed forthwith to
In this event the Texas & Colorado
the Canadian River.
Railway Improvement Company will at once proceed to extend
the Forth Worth & Denver City Railway to the Canadian and
reach there in time to meet the Denver & New Orleans, and
form a great trunk line from the Rocky Mountains to Gulf tidewater. On Saturday the stock of the Denver & New Orleans
Construction Company, which a few days before was quoted at
30, advanced to 80."

—

Fort TVaync! & Jackson. "The common and preferred stocks
of the Fort Wayne & Jackson Railroad Company are largely
owned in Boston, though ' outside ' securities have been quite
active of late at $80 per share for the preferred stock ana $15
(®$20 per share for the common. This company has no debt
whatever, and its one hundred miles of road from Jackson,
Mich., to Fort Wayne, Ind., is equipped with steel rails. The
preferred stock is in amount $2,284,900, or $22,849 per mile,
and the common $427,000, or only $4,273 per mile. The status
of the common stock cannot be very clearly defined, as the preferred is entitled to a preference of 8 per cent, and the road
earns and pays on the preferred stock but 2 and 2,'8 per cent
per annum. The first dividend was 2 per cent, paid March 25,
1830, and the last. 2 per cent, in May, 1882 ; but in 1881 2)^
per cent was paid July 1. The speculative interest in the
stock is based largely upon negotiations for the sale of the
Vanderbil I offered a guarantee of 5 per cent upon the
road.
preferred stock for a lease to the Lake Shore last year, but
It is now said that not only the Lake Shore,
this was declined.
but the Michigan Central and the Grand Trunk desire th» conBoston rrantrol of this road for a southern connection,"
script.
'

Fort Wayne Cincinnati & Lonisrille.— "This road (formerly
Fort Wayne Muncie & Cincinnati) is the southern connection of
the Fort Wayne & Jackson. It extends from Fort Wayne, Ind.,
to Connorsville, Ind., 104 miles, and has a branch from NewIts total indebtedness is $4,castle to Rushville of 24 miles.
000,003 of capital stock, upon which the company is supposed
to have earned about 4 per cent in 1881, though all information is refused. The price of the stock is about $35 per share,
and any soeculation upon the sale of the Fort Wayne & Jackson must be associated with the Fort Wayne Cincinnati & LouisBoston Transcript.
ville."
LonisTille Evansrille & St. Louis.-The extension of this
road is completed, and open for local business between LouisIt was formerly known as the Louisville
ville and St. Louis.
New Albany & St. Louis Air Line. Pullman trains will be ran
between those cities the last of August or first of September.
The extension has been about a year in building, and has cost
in the neighborhood of $3,000,000. The Boston parties who
control the property believe it will prove a profitable investment.
Maine Central.—The Maine Central Railroad Company has
leased the New Brunswick & Canada Railroad and the Europeaa
& North American Railroad for ninety-nine years, agreeing to
pay 5 per cent on the bonds of the companies.,

—

..

THE CHRONICLK

132

ManhntUn ElcTated.-Under the agreement of October, 18S1,

Manthe old Manhattan stock was to be exchanged for new
when
hattan common stock. The Stock Exchange decided that
stock
a majority of the old stock was thus exchanged, the new
exshould be regularly called. It was announced that this
change had been made and the new Manhatlan common stock

\yoL.

XXXV.

Some years ago the United'
State's interest in this stock.
States Court appointed S. F. Phillips, of Washington, receiver
of the Stale's stock for the protection of the State railroad

The North Carolina Railroad Company became dividend-payisg seven or eight years ago. It
was leased in 1875 to the Richmond & Danville Railroad Company for thirty years, at a rental which yields about 6 per cent
list.
on
the
placed
is now
.
,,
^
,
^,
the on the sto^.k of the lessor company. Mr. Phillips has been
of tv.„
-The World says: "It is sUted that the exfension
applying the dividends paid on the State's stock to the payment
Third and Ninth Avenue lines of the New York tlevated Kailcompany, of the past-due interest on the State North Carolina Railroad
road to High Bridge will be built by a construction
Manhattan Construction bonds. Few overdue coupons on these bonds now
the lines, when completed, to be turned over to the
remain to be paid. The first series of these bonds becomes due
Company. The money for this work will be advanced by the next year, and the State is desirous of extending them. The
Opposition on the part
directors of the Manhattan Company.
Metropoli- plan of refunding open to all bondholders, and accepted by the
of the bondholders has caused the directors of the
majority of them, is as follows Holders of the North Carolina
•

tan

Company

construction bondholders.

«•

:

to delay action."

Massiichnsetts Central.— In Boston. July 24. at the meeting
the folof the directors of the Massachusetts Central Railroad
Moses W. Richlowing changes were made in the directory
ardson, of Boston, in place of Dr. Franklin Bonney, of Hadley;
Klisha S. Converse, of Maiden, in place of William A. Dicken:

son, of Amherst Henry Woods, of the firm of C. F. Hovey &
Co., in place of Charles A. Cotting. of Wayland. The members
Worcester; Henry F.
still remaining are J. Edwin Smith, of
Hills, of Amherst, and Lewis J. Dudley, of Northampton.
At the first meeting of the new board of directors of the
Massachusetts Central Railroad, held on Wednesday, some time
was spent in discu.ising the condition and prospects of the
road, but no definite action was taken. Anothsr meeting will
be held in a few days, and the directors hope to make arrangements by which they will be enabled to operate the railroad
;

Railroad Construction bonds to surrender their present bonds,
with tne unpaid past-due coupons from July 1, 1878, to the
State, and receive therefor new S'ate bonds to the extent only
of the principal of their old holdings. The new bonds are to
run thirty years at 6 per cent interest, payable semi-annually
in April and October, and the coupons are receivable for taxes.
It is provided that the present bondholders shall not, by this
exchange, prejudice their lien on the State's stock of the North
Carolina Railroad Company.
Bonds to be refunded may be forwarded by express to D. W.
Bain, Secretary of the State Commission, at Raleigh. N. C.

—

Ohio Central. Application will soon be made to list the
bonds of the River Division of the Ohio Central. The division
The road connects with
is expected to be completed by Sept. 1.
main stem at Corning, Ohio, and with the Chesapeake & Ohio
at Charleston, W. Va., 150 miles. The road is being built at the
themselves.
rate of $20,000 per mile.
the
Mexico
reports
that
from
telegram
Mexican Central.- A
duthe
city
of
Leon,
to
a
opened
Ontario Southern.— The New York Supreme Court has
was
Mexican Central Railway
tance of 262 miles northward from the City of Mexico. The traffic granted a decree of foreclosure of mortgage against this company, and an order of sale to satisfy the decree. The amount
is said to be in excess of the estimates, and the rolling stock on
of the bonds outstanding is $1,000,000, and of interest found
hand is inadequate to the demands for transportation.
due, $429,093. The decree applies to all the property covered
New York City & Northern.—The holders of the consoli- by the mortgage, that is to the completed road from Sodus
dated mortgage bonds held a meeting July 10, and Mr. Henry Point, N. Y., to Stanley, 34 miles, but does not cover certain
Resolutions were adopted
Villard was elected chairman.
right of way and unfinished road acquired by consolidation
Hnder which Messrs. Henry Villard, William Mortens, Charles. with the Geneva Hornellsville & Pine Creek Company some
Knoblauch. A. Marcus and Elijah Smith were appointt-d a com- years ago. B. R. Gazette.
mittee to represent these bondholders in protecting their rights
Pennsylvania Kallro.id.— The gro.ss and net earnings in
under the mortgage by foreclosure proceedings or otherwise.
Within ten days after a decree of foreclosure is rendered, this June, and from January 1 to July 1 in 1881 and 1882,
committee Is to call a meeting of those bondholders who have are specially compiled for the Cheonicle in the table below.
deposited their bonds in the Farmers' Loan & Trust Company, In June, 1882, there was an increase of $286,319 in gross
and hold certificates therefor, and a reorganization committee earnings and an increase of $45,790 in net earnings. For the
six months there was an increase in 1882 of $1,097,010 in gross,
is then to be appointed and a plan of reorganization adopted.
in net, earnings.
New York Ontario & Western. Notice is given that the and a decrease of $807,031
ALL LINKS EAST OF PITTSBHRG AMD EKIE.
board of directors, having resolved to dispose of the West
ivei Eanunga.
Shore Railway Company's bonds owned by this company, offer
Oross Earnings.1881.
1882.
1882.
1831.
the right to subscribe for the same on special ter-rs to the stock$1,206,861
$1,074,266
$3,373,321
$3,189,215
January
Printed
circulars,
this
company.
giving
full
inforholders of
1,079,621
1,158,104
3,306.750
3,095,614
mation, may be obtained on and after August 5, 1882. For the February
1,415,802
1,799,226
3,912,293
3,344,304
March
purpose of this subscription the transfer books of the company April
1,319,311
1,6.55.810
3,855,850
..
3,760,372
1,6-8,610
1,760,789
4,108.877
..
3,8.3(>,897
will be closed on Saturday. August 5, 1882, at 3 p. m., and re- May
1,534,333
1,488,543
4,093,756
..
3,807,437
open on the morning of Taesday, August 15, 1882. Stockhold- June
ers of record at the date of the closing of the books as above,
$8,190,122
$3,997,154
$22,650,317
$21,553,839
Total

—

—

. .

.

,

.

.

.

.

.

or those holding a-ssignn ents of the rights to subscribe pertaining to the stock, maysubsciibe under said circular from August
7 to 14, 1882, inclusive.
^The terms of subscription are not published, but the Evening Post of July 27 said " It is reported that the privilege to
be given to the Ontario & Western stockholders will be in substance to allow each holder of sixty shares to subscribe and take
one bond for $1,000, issued by the New York West Shore &
Buffalo Railway Company, and being part of the entire issue
of bonds covering railroad franchise and its equipmeiit from
New Y'ork to Buffalo. The Ontario & Western Company is
owner of $10,000,000 of these bonds, and it will offer to its stockholders of both classes the right to take these bonds upon payment of $500 in monthly instalments. Certificates registered
by United States Trust Company are said to form a part of the
plan, each for the sum of $1.00(5, and when all the instalments
are called and paid.the bonds, which meantime are lodged with
the Trust Company, will be delivered. This plan is piactically
a distribution to the stockholders of the Ontario & Western
Company of a portion of the assets of the company which are
not required, or likely to be requiriid, for the purpose of con-

—

:

struction."

Norfolk & Western.—The following is a statement of earnings and expenses for June and for six months:
Qro«8 eamlDKS
•Expenses

Not
*

earnings...-.

-June.1881.

^.Tan. 1
1882.

(o

* 1882.
$171,843
101,990

$156,883
95.51.6

$1,024,959
620,499

$72,852

$61,371

$101,460

Expenses Include estimated proportion of yearly taxes.

June

30.-

1861.
$99.1.120

559,157

$435,972

As to the lines west of Pittsburg and Erie, the monthly
reports issued in 1881 and for the current year show the results
below. 'I?he company's report, however, states a loss this year
against the year 1881 of $1,645,521.
ALL LINES WEST OF PITTSBURG * ERIE.
cr all Liibililiea.

1882.
$9,741

1881.

$381,539
143,497
441,901
496,764
218,482
Def. 56.400

January
February

March
April

May
June
Nettotal

Det. 121.307
36, =.32

17.017

DeM01,556
38,880

)ef. $120,657
$1,625,783 Def.

In c. or Dee. in
1882.

Dec.
Deo.
Deo..

Pec.
Dec.
Inc.

$371,798
264,804
405,369
479,717
320,038
95,286

Deo.. $1,746,440

—The board of directors

of the Pennsylvania Railroad Company held a special meeting July 25 to consider the question
of the sale of the Indianapolis & St Louis Railroad Company
under an order of the receiver, which was noticed for Friday.
The press dispatch says the Penn.sylvauia Road has not had
any necessity for the Indianapolis & St. Louis route since it
has operated the Vandalia line a considerably shorter road
between Indianapolis & St. Louis and it has been deemed desirable to dispose of the company's interest in the superfluous liue between those points. A contract has been made
disposing of the stock owned by the Pennsylvania to the C. C.

—
—

C.

&

I.

Company, and

this

"contract

was approved ^y the

board.

—The Pennsylvania

Railroad Company gives notice that the
for new stock, under resolution of the board of
managers of May 1, 1882, are now ready for delivery on return
of the receipts given for same.
certificates

North Carolina State Railroad Bonds.— Commissioners
George Davis. Montford JIcGehee and Donald W. Bain are
Philadelphia & Reading.— The gross receipts from the
making preparations to refund the bonds issued by the State in railroads, canals, steam colliers and coal barges in June
aid of the ocnstrnction of the North Carolina Railroad. They were $1,714,730 and the net receipts $773,396; for the fiscal year
amount to about $2,800,000, are dated from 1853 to 1855, were since Nov. 30. 1881. the gross receipts were .r; 1,",S2,3S4 and the
to run twenty years, and bear 6 per cent interest. The railroad net receipts $4,685,549.
The gross receipts of the Philadelphia
Company ha.'» a capital stock of $4,000,000 and a funded debt of & Reading Coal & Iron Co. in June were $1,303,253 and net
less than $300,000.
The State of North Carolina holds $3,000.- $70,778; since Nov. 30 gross receipts, $7,653,178; net. $326,064.
000 stock as security for its loan to the railroad
By its charter 'rhe total receipts of both companies together for each month
the railroad company can place no mortgage lien ahead of the of the fiscal year have been as follows
:

J

July

THE CHKONK^LE.

39, 1882.
-Gross Recexpt*.1881-82.
1880-81.
$n,231.077
$2.237,0 15
2,153,378
3,lGl).O0.'>
2,M0,0,i3

December
January
February
Marcli

2,:.2r.,I08

2,:)87,720

April

2.382,50«i

2,ei)i),70t>

May

2,651,260
2,8S0,905

2,87-l,00!t

.Time

$16,940,255

Totiil

3,017,983
$19.03:>,568

-Net Reeeiplt.
1880-81.
1881-82.

$540,456
554,769
631,402
716,709
580,039
825,854
839,300
$4,698,529

$937,542
646,913
438,650
655,449
708,304
780,574
844,174
$5,011,612

The coal tonnage has been as follows, viz.: Carried on the
railroad
in Jane, 712,200 tons, aj^atost 690,613 tons
June,
1881; and for seven months, 4,314,730 tons in 1881-82, against
1880-81.
The
total
mined
by
the
Coal
& Iron
3,539,769 tons in
Co. and by tenants was 473,053 tons in June, against 471,672 tons
in June, 1881; and for the seven months, 2,810,511 tons, against
3,634,397 tons in 1880-81.

m

Pittsbnrg Cincinnati & St. Louis.— A dispatch from Columbus, O., July 26, says " Robert Garrett & Sons, of Baltimore,
Md., to-day filed in the United States Court a bill in chancery
against the Stenbenville & Indiana Railroad Company and
others, asking that the liens on the road be marshalled and
sold.
The plaintiffs claim the first lien, which, including interest, amoanto to over $200,000, which is the balance due them on
a former decree. The road is now part of the Pittsburg Cincinnati & St. Louis Railroad."
:

;

Railroad Constrnctiou (New).— The latest information of
tracfe on new railroads is as follows:
BufTHlo Pittebur/i
Western.— On tlie Buffalo extension track is laid
from Dunkirk, N. Y., uurtheast 4 mllss, aud from Bay View southwest
7 miles.
Burlington Ce<lar Rapids & Northern.— The X'acifio Division is exthe completion of

<fe

tended northwest to Spirit Lake, la., 29^ miles.
CatsklU .Mountain —Coniplet»d from Catskill Landing, N. Y., westward to Lawi onceville. 12 miles- Guage, 3 feet.
Conuottou Valley.— Track on the Straitsville Extension is laid from
Canton, O., southwest to Navarre. 13 miles. Gaupo. 3 feet.
Genesee Valley.— Extended to Uelfaat, N. Y., northward 10 miles.
Old Colony.—The Whittenton Branch i» extended from Whittenton

main line in Kayuham, 2^ miles.
California.— Extended from Koseburg, Or., southward 18

Mills, Mass., to the

&

miles.

Oregonian.— Extended from Brownsville, Or., south to Coburg, 20
Gauge, 3 feet.
Pittsburg Bradford & Buffalo.- Extended from MarienviUe, Pa., to
Frost's Mills, 4 miles. Gauge, 3 feet.
Rochester & Pittsburg.— Extended from Tarport, P»., south to Brad-

miles.

ford, 2 miles.
8t. Louis Iron Mountain & Southern.- Extended from Harrieburg,
Ark., southward to Forest City, 37 miles.
Trinity & Sabine.— Track laid from Trinity, Tex., eastward 38 miles.
Union Pacille. The (:lunuison Branch of the Denver &, South Park
Division Is extended from Woodstock, Col., to Pitkin, 7 miles. Gauge,

—

3

feet.

This is a totivl of 204 miles of new railroad, making 5,304 mi'es thus
far this year, against 2.615 miles reported at the corresponding time
in 1881, 2.424 miles in 1880, 1,122 miles in 1879, 900 miles in 1878,
751 miles In 1877, 1,010 miles in 1876. 533 miles in 1873, 839 miles In
1874 aud 1,872 miles in 1873 anrt 3,237 miles in 1872.— iJoi/roud Oazeltt.

COMMERCIAL EPITOME.
Friday Niout, July

28, 1882.

The weather has been excessively warm the past week, mod
some complaints of drought began to be heard in various seeclaiming injury to the growing crops ; yet no serious
latest telegrams report satisfactory rains. Business is very good for this stage of the season,
or rather " between seasons," when business men usually leare
the city. The labor troubles seem at length in process of adjustment, and generally on terms adverse to claims of the
" strikers." Circumstances point to a prosperous autumn trade.
tions,

damage has been done and the

The speculation in provisions has been less liberal, and a
movement at the close brouo^ht about some depression.
Old mess pork quoted on the spot at $21 and new at f22
August options were weak at $21 September, $21 10@|21 30.
realizing

;

Lard was depressed to 12'55@12'60c. for prime Western
on the spot refined to the Continent was quoted at 12'70c.;
August options closed lower at 12'37}^c.; September 12'55c.;
October, 12'60c.; November, 12 45c
December, 1235c.; seller
year, 12 32.)^c.; January, 12"40o.; February, 12'45«. Bacon was
;

—

Placervllle & Sacramento Valley. The court has ordered
the receiver to turn over this road to Louis McLane, trustee
also that the sum of $20,156 due the receiver be adjudged alien
upon the road, and that the company be required to pay the
same, and in default thereof the road be sold to pay said lien
and the $26,000 bonds outstanding under the mortgage of 1864.
The road extends from Sacramento, Cal., to Shingle Springs, 48
miles, and is not at present operated.

Oregon

13bU

;

held firmly at 13";^c. for long clear. Beef very firm at $33(9
$34 for City extra India mess. Beef hams quotea at $20 50©
$21. Cut meats were steady and quiet. Tallow sold at 8^(9
854c. for prime.
Stearine quoted at 12%.@13)ia. Butter was
weak at the close to-day and cheese was quite irregular, partly
owing to the advanced rates for ocean freight-room.
Rio coffee has advanced to 9Mc. for fair, on a better
demand ; mild grades hav« been firm, and the sales of Maracaibo have been quite large. Tea has been scarcely so firm,
with less demand. Foreign fruits have been fairly active, at
easier prices.
Spices have been quiet, but about stea dy.
Molasses has sold very slowly, at last week's prices. Rawsugar has been more active and steadier at T^A@l%e. for
fair to good refining, and 8^c. for 96 degrees test centrifuIt
now seems that the duty cannot be reduced at
gal.
this session of Congress, and as their trade has improved,
refiners have a further reason for purchasing, especially
as it is generally understood that they have allowed their stocks
to run pretty low |: ending the settlement of this question.
Refined has been in better demand latterly, and the depression
of the fore part of the week has consequently been succeeded
by considerable firmness, especially as the supply has become
somewhat reduced ; crushed, powdered, cubes and cut loaf
closed at 9%c., granulated at 9^c. and standard soft white

"A"

at 9>^c.

Kentucky tobacco remains quiet, and sales for the week are
only 300 hhds., of which 200 for export and 100 for home conSt. Louis Iron Mountain & Southern.— A dispatch from sumption.
Prices are about steadv on the basis of the late
Little Rock, Ark., reports the Crowley's Ridge branch of the
reduction, although accounts from the growing crops continue
Iron Mountain Railroad completed to Forest City. This branch to be of the most favorable character lugs, 6^®7/6c.; leaf,
runs from Knobel, on the main line of the Iron Mountain Road, 7?4@12>6c. Seed leaf in but moderate demand sales for the
to Forest City, a distance of 97 miles.
150 cases 1880 crop New Kngland,
week 950 cases, as follows
St. Louis & '*An Francisco.-The following is a comparative 8@45c,; 150 cases 1881 crop New England, 5%@12c.; 200 cases
statement of the St. Louis & San Francisco Railroad Company 1880 crop Pennsylvania, 6@12c.; 150 cases 1880 crop Ohio, 6@
9c.; 125 cases 1881 crop Ohio, 5^@6c.; and 125 cases sundries,
for the first half of 1882
1882.
6@15c. Also 400 bales Havana. 88c.@$l 20.
1881.
Mileage
661
.'i97
Naval stores have been declining. The Southern markets
Gross earnings
$1,495,989
$1,463,913
depression and the export movement is light. Spirits
Estimated expenses
747,995
636,233 sJiow a
Netearniugs
747,994
827,980 turpentine sold in yard here to-day at 45c and good strained
Fixedcharges
537,835
475,051 rosm delivered at $2 05. with the yard prices $1 85@?1 90 for
210,1,59
Applicable for dividends
352,629 common, and $1 95@$2 for good strained. Window-glass rosin
Per cent on first preferred stock
46
78
sold down to $3 50. Reflnea petroleum was about steady at
The earnings for the first half of 1882 were unfavorably 7c. for export; crude certificates, after quite a serious break,
affected by short crops, while net earnings were decreased by
recovered to-day from 57>6@61c., closing at 61%@6lMc.;
large expenditures for betterrnents.
The increase in fixed August options quoted 62c., September 64 ;4c, October 66)^o.
charges resulted partly from the establishment of new sinking
Ingot copper was about steady, 200.000 lbs. Lake sold at 18}^(§
funds. The earnings have begun to improve on the handling
18^c. All other metals, while rsmaining firm, continued qixiet.
of new crops. The road is moving from fifty to one hundred
Hops have been very buoyant, mainly owing to the very poor
car-loads of wheat per day. The Arkansas division will be
crop reports from Kngland the stocks here are very light,
opened to Fort Smith in about sixty days, securing a consider- and brewers have paid in a small way 52@53c., yet exporters
able increase in local and through business. The extension of
refuse to bid over 50 cents several lar^e transactions have been
the main line from Pacific, Mo., to St. Louis will soon be comreported in the interior at 50 cents, said to be to speculators.
pleted, enabling the company to do business over its own line
Wool has had a better sale dealers are asking higher prices.
toSt. Louis and saving an annual rental exceeding $250,000.
A good business has been done in ocean freight room, the
Western & Atlantic (Ka.). The Atlanta Constitution says main patronage coming from the grain trade. Oil vessels are
that Attorney-General Anderson and Capt. Jackson, his a&so- rather scarce and held at high rates. Grain, to Liverpool, by
ciate by special employm-nt of the Governor, have prepared steam to-day, 6d.; cotton, 3-32^11-64d. compressed ; flour, 178.
the document which will take the matter of the validity of this 6d @20s.; bacon and lard, 20@25s.; cheese, 30@35s.; beef, 48.;
flour, 25s.; bacon
State road Wase into the courts. The proceeding is an infor- pork, 3s.; grain to London, by steam, 8Md
mation in the nature of a quo warranto, and will be filed in the and lard, 30s.; cheese, 40@46s.; grain to Glasgow, by steam,
Superior Court within the next few days. It calls on the 7M@8d.; do. to Leith, by steam, 854d.; do. to Antwerp, bv
Western & Atlantic Railroad Company to appear and show steam, quoted 9)^d.; grain to Lisbon, bv sail, 15^c. per bushel;
cause why the lease should not be broken. After the paper is do. to Cork for orders, 6s. 9d@6s. W^i. per qr.; do. to Marpresented to the Superior Court, the Judge wiU fix a time for seilles, 6s. 6d.; do. to Continent (August), 5s. 3d.; refined
its hearing, not less than ten nor more than thirty days from
peiroleum to London, 3s. 6d.; do. to Trieste, 3s. 10)6d.; do. to
the filing. If there is an issue as. to the facts set forth in the Cork for orders, 43.; do. from Philadelphia to the Continent, 38.
paper a jury will be drawn and the case will be tried.
6d.@3d. 9d.@4«.; cases do. from New York to Singapore, 33c.
;

;

:

:

,

;

;

;

—

;

'

'

—

—

.

.

THE CHRONKJLE.

134

COTTON.
.Feidat, p. M., July 28, 188a.

Bince September

Seeeiplsat—

1.

Hon.

Mobile

Thurs.

Wed.

TiJM.

31

6

Qalveston
Indlanola, &C.
Hew Orleans...

In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, at
add similar figures for New York, which
the porta named.
are prepared for our special use by Messrs. Carey, Yale
Lambert. 60 Beaver Street.

1881, of 1,102,567 bales.

Sat.

69
36

125
13

235
12

50

58

48

45
174

Brunaw'k, 4c.
Charleston
Pt. Royal,

45

11

2

Wilmington....

Uoreh'd C.,<bc
Korfolk

221

236

341

86

103

429

340
78

183
695

253

141
52

CityPolnt,<feo.

Hew York
Boston
Baltimore
Philadelp'a, Ac.

....

Totals this week

838

892

5331

4981

1,620

Total 1881
Total 1880

149
2

20
996
437
r 669

918
74

918
74

1,710

6,126

and the stocks to-night
for corresponding periods of last year.

total receipts, the total since Sept. 1, 1881,

1880-81.

1881-82.
Reeeipte lo
July 28.

Qalveston
Indianola,&c.
New Orleans*..

Mobile

This
Week.

Sitice Sep.

1,1881.

164 427,059
20
13,769
673 1,184,779
239 263,121

Florida

Savannah

220

Brunsw'k,

<fec

Oharleston
Pt. Rsyal, (fee.
Wilmington....

149
2

20

M'headC.,&c

6

Hortolk.
Olty Point, Ac

996
437
669

HswYork
Boston
Baltimore

1,507

Phlladelp'a,<fec.

Total

948
71

27,211
728,271
7,026

497,390
24,516
131,90
26,580
613,761
191,939
161,809
231,026
25,661
93,163

6.126 4,651,991

This
Week.

Sloek.

Since Sep.
1, 1880.

30

1,571,955

3,9

971
5

1,700

101
458
151

15
1,908

115
449
1,543

695
2,245

383,358
20,372
866,677
5,010
619,027
49,972
118,073
30,506
713,12
210,799
172,232
183,007
51,105
78,716

16.161 3,757.558

Qalve8t'n,&c.
New Orleans.

1880.

1881.

1,744
3,985

MobUe

181
675
239

Savannah

220

1,700

Oharl'sfn, Ac

151

WUm'gt'n, Ac

26

458
166

Norfolk, Ac
All others

Totthlsw'k.

1879.

1,473

79

31

1,210
4,151

7,626
7,831

we

1877.

2,073
3,100

1,076

6,126

16,151

10,859

2,503

3,671

135

181
500
123
387
195
156
601
242
2,691

Blnoe Sent. 1 4634.991 5757,553 4890.902 4436,1.j6 4260,090 3958,828
Galveetan inoludea Indlanola: Charleston includes Port Royal, A-.
Wmntagronlucludes Morehead City. Ac: Norfolk Includes City Point.Ac.
The exports for the week ending this evening reach a total
<* 16,232 bales, of which 10,866 were to Great BriUin, 502 to
France and 3,864 to rest of the Continent, while the stocks as
made up this evening are now 199,311 bales. Below are the
•iports for the week and since September I, 1881.

From

33.

Exported to—

Matport*

Oreat

^iwa

Continent,

Brtt'n.

Total

Week.

Galveston

New Orleans..

3,960

88

i.OlS

Mobile
Florida

Bavannnh
Charleston

*..

WUmtngtOD...
Norfolk
Hew York..
Boston
Baltimore.

8,889
189

PliUa<lelp'a.*c

i.eoo

189

1,2:8

sov

lO.SW

Total
TofJil IR

7,906

1-91

S.S-23

T.5.2

laeludes cxporu tram Port

Sept. 1. 1881. to Jitlu 2J, 18S2.
E-cportf^ til

Oreat
Brit<^in.

France

159,822
BS.584
311,879
131.305

13:,810

1,600

87,183

23,77i
1,430

4,7 6

182,7d5

2.530
33.218

8,819
17,338
111,333

»6I

68,971

4

3.884

15.2^2 2,324,673 878,927

2.»7.T

3:)

OHO

1,109
6,204

1,233

2,364

400

316

1

1

1,695
1,529
2,031
139.972

505

1,200

20,017

6,161

193,150

21,139
17,844

233,270
180,035

The speculation in cotton for future delivery at this market
has been moderately active the past week. On Saturday the
danger that the troubles in Egypt were to be prolonged for an
indefinite period and the reports of excessive rains in the
Mississippi Valley gave an advance to prices, which was Icat
on Monday, under improved crop advices and dull accounts
from Liverpool. But on Tuesday there was a fresh advance,
which was continued on Wednesday morning, on the very
favorable accounts from Liverpool but the early advance on
Wednesday was lost in the afternoon, under reports from
Egypt that Arabi Pacha was willing to make terms for a surrender. Yesterday there was a slight upward movement at
the close, the comparatively free notices for delivery on
August contracts having been pretty generally stopped. To;

NEW ORLEANS.
Mon Toes

UPLANDS.
niou Taea

July 22 lo
July 28.

Sat.

Ordiu'y-W>

101 16

10i,„
1058

101,8
1058

Good Ord.. U'le in,8

nha

Strict Ord.. 10=8

Low Mldrl'K

ll''8

12616

ll's
125i8
123,8

Str.L'wMid 129l8
I25ll
MiddUng.
12\

Wood Mid
8tr. G'd Mid

1318
1338

Mldd'g Fair
lios

Fair

t3'8
1338
13'8
14=8

Sat.

Wed Th.

400

333.623
815,404
63.833
331,817
883.87b
183.695
181.513
87.883

812,936 3,506,6tt

2.'.7B S75, iw.;"io 1.127,282

4.456 387

105i,

lf8

125i8
129 18

12%
13%
13%

Wed Th.

Frl.

8TA1SED.

TEXAS.
Sat.

moo. Taea

105,8

105,6

105,8

L0%

10%

10%

lb

Low Middling
Middling

05a
105e
115,8
12>,8

Mon Toes
958
1058
11^16
125,8

958
1058
11=16
125,8

LIII18 1111,8

mil*

12%

12%

12%

12»,8 129,6
1213,8 1213,9 121Sift
IH
13
13
1338
133R
133s
13=8
1358
135»
1'29|8

14%
11%

14%
11%

14%
14'g

Wed Tb.

Frl.

1038
107,8
10% 1016,8 11
in'ib 11% 1113,6
12ifl
123,8 12'4
129, „ 12=8
1211,6
12IS,„ 12%
1215,8
13
131,6 13%
133g
137,8 131a
1311,8 13%
13ifl
11% 143,8 I414
14% 1415,8 15
105,8

Sat.

¥

105,8

im im

13'8
115S

im

Good Ordinary.....
Strict Good Ordinary

105,3

10^8
10% 10%
IIII18 lli'ie 1111,8
I2i8
I2I9
121a
129,,
129.6 129,,.
12iai8 12iai« 121^18
13
13
13
1338
1338
1338
1358
13=8
I35g
Ills
14'8
11%

103,8
Ordin'y-^lb 101,8 10>8
1011,8 1031
Strict Ord.. 1058
119,8
Good Ord.. ll''l6
1110,8 12
8tr. G'd Ord 11%
liow Midi's V^o,r. 123a
I'i'is
Btr.L'wMid 129,8 1258 1211,8
Middling... 12%
l'213lfl 12%
Good Mid.. ISM 13-*18 I314
13' 18 1313
Str. G'd Mid 1338
Midd'g Fail 13% 13i5i6 14
1111 8 14%
1458
Fair

105,6

10%

Frl.

10^

1038
1015,6 11

Uii,n 11%

1HS,«

12%

1214
1211i«
I2I01J

123,6
129,6 1268
1213,8 12%
13ii»
13
1338
13'
1358
1311,6
11% 113,8
11% 1115,8
1

JXfeA
959
1058
11°16
120,6

Tb.

13%
13%
13%
111
15

Frl.

9>'l6 9%
1011,6 10%
1138
U7,«
1238
127,6

MARKET AND SALES
8ALKS OF SPOT AND TRANSIT.

Total.

61,79J
26ii.0»0
223,3iM 1.160,697
46,366
3,231

1,590

Etoral Ac.

Contirunt.

182,147 15,145
670,055 273,. 73
36.822
6,313
1,700
138,800 17,23

153.691
91.681

19,783
10,921

150
None.
None.
4,600

199.311 2.^7.759

2,023
5,101

Week Kndini July

200

26,206
1,165

—

1,433
3,198

416
512

2,850

161
None.
50

uplands closing at 12^ c.
The total sales for forward delivery for the week are 393,700
For immediate delivery the total sales foot up this week
bales.
2,031
3,690 12,013 bales, including 8,113 for export, 2,900 for consumption,
bales
in transit. Of the above,
1,000 for speculation and
141,572 127,107 were to arrive.
The following are the official quotations and
6,300
9,890 sales for ?ach day of the past week.

238
859
289
562
415
100
651
331

974

150

Total

50
150

49
932

490

1878.

572
230
72
280
37

689
2,482

2,961

Other ports

Btr.G'dOrd
1882.

200

N«nc.
None.
None.
None.

New York

Slock.

Total.

vnte.

1881.

In order that comparison may be made with other years,
give below the totals at leading ports tor six seasons.
at—

None.
None.
None.
None.
None.
None.
2,650

None.
None.

1.800
1,000

None.
None.
None.
None.
None.
None.
150
None.

161
None.
None.
None.
None.
None.

France.

day the market was variable and the close irregular, with an
unsettled feeling. Cotton on the spot was active for export
1,529 24,731
on Tuesday, but has generally been quiet throughout the
26,367 70,966 week. The concentration of stocks in the United States at
1,165
3,899 tlus point draws to us what Uttle spinning demand there is.
0,086 Yesterday spots were again active for export to Great Britain,
1,845
5,063
and quotations advanced l-16c. To-day there was a, brisk
with a further advance of l-16c., middling
speculation,
555
870

1882.

667,773
15;340

1,711

Ooatt-

VewOrleans....
Mobile
Cnarleston

220

For comparison, we give the following table showing the week's

and the same items the

OOier
Foreign

Oreat
Britain.

11

Shipboard, not cleared—for

Leatino

at—

4

1,507

.-..

25,

Balveston
Norfolk

65
2
4
6
9
437

39

25

<fec.

On
Jolt

Bavannah

Florida

Barannah

&

164
20
675
239

36
20
124

10

SO

28

Total.

Fri.

XXXV.

[Vol.

We

Ceop, as indlcnted by our telegrams
For the week ending
is given below.
have reached 6,126
this evening {3a\y 23), the total receipts
bales the previous
bales, against 9,150 bales last week, 8,142
week and 9,586 bales three weeks since: making the total
against
feoeiptw sinoe the 1st of September. 1881. 4,654.991 bales,
showing a decrease
6 757 55S baies for the same period of 1880-81,

The Mo'vbmkht of th«
from the &mth to-night,

Seeeiptt

8

.

SPOT M.VRKET
CLOSED.

Ex-

Con-

port.

sump.

Bat.. Quiet
450
Mon Quiet and easy
2,200
Tuea. 8te.idy
453
Wed. Steady
Thurs Steady at 1,9 adv 3,410
Fri. Steady at 1,6 adv 1,600

317

.

.

.

Total

8.113

Spec- Tranul't'n

tit.

fdtCres.
Delith

Total.

Sales.

811

1,261

48,500|

2,544

«6,200
93,000
65,400
93,400

200
300
200
200
200
200

12,0131393.700

1,300

513,1,000

2.900 1.000;

957
3,821
3,113

27,200

deliveries fflven above are actually delivered the
vious to that on wliioh they are renorted.

The daily

cries.

341
504
111

317

day

pre-

Thb Sales and Prices of Futures are shown by the following comprehensive table. In this statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales.

k

.

July

THE CHRONICLE.

1883.1

i29,

m4

i2|| §2
'.I

O

S.S&
p.S.'l

;

«>

a:

g:

a

Btookat Liverpool

92
IS

PS-

'^

Tnlal Great Britain Itock
Stock at fTavre
Stock at Marselllea
Stock at JtarceloDft....
Stook at numnurg
Stock at Hremen
Stock at Amsterdam...
Stook at Rotterdam
Stook at Antwerp
Stook at other contl'ntal ports.

B

p.C.£_
-5' "^

.

•

to

*

.»

g;

I

e'-:'w3

Sioasg »o<3s=- "totoa

o

*^

to 14
CD JD

to to

to to

to to

W-l
e.to too

wto

I

«_>«

10

too

I

w
to to

to to

efc-i

-i-i

ooo

s

I

xtoo
oo

to^

-lO

C5 01

to to

to to

to to

boto

to

too

cuobo
to to

to^

I

8>i»

to

O

-J -I

(o«
to to

00

too

coyto

«)0

I

ICIOo

oo

toco

too

CO to

I

too

to

fp

I

if^rf^io

StOo

•

WW
tUO^

S:-o

«ia>o

"JO
a'O

too

©o

I

®c»

I

tOlOo

to

-1-1

66o
oo

toe®

QDQO

M-4

l-O

SIM

;

T'TO

-looO

OS CO

©?>

I

I

'rr'o

-1-1

crcD

ceo
®-J
I

to

i-HO

ri^o

ttffiO

to-oo

C/)QD

tO-1

1-1- a,

-I'iO

GLobO

oo

-i-iO

00-1

-1-1
UIO)

?x

too

SJO

to

CoO

QDOoO
C003

I

r-ro

340,230

226,666

200,600

771,660
820,000
45,000

227,800

3,100

Ac

Total visible supply
PfioeMld. Upl., Uverpool

cocoo
Cnot

t^The

SOO
100
6,500

8,000
123.099
13,966
1,000

6,200

1,000

1,000

793.455 1.325,885

977,108

720,06i

310,000
72,500
147.800
322,000
21,000

193,000
43.300
91,2)0
280.000
17,000

240,000
58.300
100.660
1 85.000
17.000

141,000
43.060
40,600
320,000
8,000

873,300
614.530
793,455 1,323,885

006.960
977.408

501.660
720,064

1,660.753 1,940.415 1,584.368 1,281.724
....

eiSurt.

7"ijd.

The above figures indicate a decrease in the cotton in sight
to-night of 273,660 bales as compared with the same date of 1881,
an increase of 83,407 bales as compared with the corresponding date of 1880 and an iricrease of 355,031 bales as compared with 1879.

s>

-i-jo

00-1

—

At thb Intbrior Towss

the movement ^that is the receipts
since Sept. 1, the shipments for vhe week, and
the stocks to-night, and the same items for the corresponding
period of 1880-81 is set out in detail in the following statement:
for the

»«i

Mi-O

qdqdO

-0

-IOdO

too
l-O

ODX

oo

6>«d.

ei'iert.

imports into Continental ports this week hare been

49,000 bales.

-1-1
<IOi

tO-1

to

S71,6io
107,Cd0
2.000
27,100
4,000
21.300
32,100

7 1 ,300

Total European stocks.. ..1,036,300 1,169,530 1,020,960
tndla cotton afloat for Europe 322,000
280.000
19S.0O0
Amer'n cotton afloat for Eur po
62,000
169,000
104.000
Egypt,Bra7,U,&c.,ant forE'r'pe
21,000
17,000
17,000
Stook In United States ports .. 109,311
237.750
197,777
40.926
Stook in U. 8. Interior ports..
23.014
49,631
United Stetes exports lo-day..
3,100
6,200
1,000

Total East India,
Total Amerloan

Sio

I

I

10

too

cJioiO

I

MMoi
!:.

obo

§

a

tco

I

So

toto

to®

(0^)_i

e-1

I

803,300

3li,000

Total American
Sast Indian, Brazil, ite.Liverpool stock
London stock
Continental stocks
India alloat for Europe
Egypt, Brazil, &c,, alloat

to to

to to

I

I
'

823,300
199,000
3,700
40.900
5,440

42,000
4.000
3,330
11,200

United States exports to-day..

0>
to to

dun
I

«10_

tog
-jo

1

to
to to

1879,

528.000
43,060

Total visible supply
1.666,755 1,910.415 1,584,309 1,281,724
Of the above, the totals of American and other descriptions are as (oUowsAmerican—
Liverpool stock
426,000 597.000
505,000 337,000
Continental stocks
60,000
255,000
120,000
151,000
American atloat for Europe. . ..
62,000
lliO.OOO
101,000
45,000
Dnited States stock
199.311
237,759
197.777
122,098
23.044
United States latorior stocks..
40,926
49,031
13,968

10 to

»-Oto

to^^o

1B80.

745,000
S8.300

to toe

I

to

«r

t

to too

1881.

730.000
43,300

7,830
59,100
2,000
30,600
17,100
2.710
1,320
24,800

Total oontlnental ports....
-jo-

CO

OOr-M

o
o o

S^o>a

ct

72,!t00
.

E.

:

1UH2.
736,000

bales.

etook at LoQdon

9>

Sir*

135

'^to

week and

—

-1-|0

(OO

2SG«<'i»-OnQ<£!-DZgOBi:SO».
00 on

ooco

cou<

CO to

- £l — O
E E i|
gc-'^.SSw
"^

Sl-

1

Cto
o
ff
fOtoO
oo

09 Cd

OOl

o®o
M>0

toto

toto

toto

cocbo

6c
t0 4-

§§

cocoO

66
oo«

I
I

i^o

60

-

e

to

I

too

COCjIt^-

MM

I

8

I

6

t3,t

2i8

aorfk.o»_oc3pa«

t-iM
UU
CO
QD-^]wac»ocji^tccoai>-*(3c;fU-^icoc)OOi
QO^toco ro en M^ M o: f^^^Oi 5i
c. o to

wo

CJ'OiMTDoVoDViboV'o'XcVVslcMVao
M^-.i:Dyicoxoi*.o'3iput;3iOoy — CO

CO
CO ra to

6>^
CO"

Oi

•

•

WtOO — 13- M*-Wr-.
toto

•I
toQI

a)

H -•^2 eg

«:

Ift

toto

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coo

660
CO

I

S T o

oLcdo

o6

coo

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SB

i-'--i

6 o

10

1-

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^

toto

66
cot«
I

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CD obo

(9

8$:
I—
?|:

o

.

-'I

h- CD

u ta 01

#- :d ^1

o w cr

tci

1-*

•-

cc

MO»MK-c;iao«ooccD(»*ifr.*'CC>*k'i"xcaoi

to

OS

toto
toto
CO
4^

00

»
"to

s s

O-l

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OS
Ml—
I

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8

tOlOO

toto
toto

toto
toto

tsto
I

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*.too

to to

OOCO*

5

lOtoO

toto«

05 CO

COi.^

to too

u M
o m
" ®

o

s>

1

o

I

I

I

i

o

I

18

I

91

I

to
I

W:

fcjrfk.

M

I

«:.

I

I

I

»0

Ot»o;

*-•

icto

CO^it

t»k.

CCOOUliXMODU
CO**
tOM
o'coG?a'*awM

^o

I

10

4:

CJi

li

o<ow»(k.-j

cDXKtooaoco
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as

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m

•Includes saies
aepwuiDer. l»«l. tor September. 311.U00; geptembor October for October. 416,400; September-November for November,
511,290; September December for December, 1,479,100; September,
Janmry for January, 4,232,500; September- Febru.iry for February,
2,230,100; Septembcr-MarcU for March. 4,411,100: September-Aprtlfor April, 3,533,800; September-May, for May, 3.295,800; September
June, for June, 2,779,700 also salea for Juu^ 1883, 200.
A Ineliides for June, 1883, 400 at 12 51.
B Includes for June, 1883, 100 at 12-51.
Transferable Orders—Saturday, 12'75c.; Monday, 12-700. Tuesday,
12-80C.; Wednesday, 12-750. Thursday. l'2-80o.; Friday, 12-8.5c.
Short Notices for August- Thursday, 12-74312-710.; Friday, 12-77«
;

eo CO to to

QC

W
*»
OS

— 01

--J

(Si.

It- If-

C

-1

If*

MO

f»»

CO

O a 1^ Oi •^ O*

lb* if>

CO CD <- QO

§3

O O)

^=•1

f-M
M
*.
^ ^tO
tccDU»O^^W«»^^cooDW**aDCluo^3;•-o

coco

M ^1 to

WUICOO'-JOiO
M',DCOWlo%bs
CO -J

M

»-»'v)0»t-»
toco
M
colOOO•oorc;ltoost^^lO•-«-»o^^U|^.^oo;(»

OW»-"-'tO

3 03 <4 CO CO CO

CCOQOOMCIO

I:

'-'COMajOOO''---ic«:i—

w

:;t

•j>in_CD-i

wc-^

biOMtooVtocs'^i'obt— ^l'^^CD^DCl%-M

ccr-3:cD^o^occtotCtt-•v^co«ooccl^:Dw

'-'

^ 0>

rf».

JtO

*».

M a. 00 U> 00 >— Ol O O" CO *4 O "- 06

•«*

CO to

o<(-«M^C0M*
ot oi c; to 00 w »-*
tooi
c-jooi*--^; toajo:o»*JO'U'^'-'COs»

OOOOCn*-I-l<IO

15
.*5-

MOOCPWCfl. CnMCCCrtCCOCOC;>OiO<CDM

M*>---lCCiO«0

;

;

12-83C.

"No

Notice" for Auifust— Monday, 12 90c.; Tuesday, 12-90al2-88c.;
Wednesday, 13c.; Thursday, 12-90 812 89c.; Friday, 12-9.7al2-98c.

The

foUowintr exchanges have been

•23 pd. to exch. 200 Sept. for Aujr.
-20 pd. to exch. 1,300 Sept. for Aug.
ItO July for Aug. even.
-79 pd. to exch. 1,000 Oct. for Aug.
-21 pd. to exch. 300 Sept. for Aug.

Tub

<

I

|

I

|

made dmrtog the week;

19 pd. to exch.
pd. to exch.
pd. to exch.
pd. to exch.
pd. to exch.

-17
-17
-18
-03

100 Sept. for Aug.
300 Sept. for Aug.
800 Sept. for Aug.
200 Sept. for Aug.
.^OO Aug. for July,

VisiBLB Siipplt op Cotton, a» made np bj cable and
telegraph, is as follows. The Continental stocks are the flgnree
«{ last Saturday, bat the totals for 3reat Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hfnce, to make the totals the
complete figures for to-night (July 23), wt? add the item of exports
from the United States, iucludiug in it the exports of Friday only.

CX-COtOtOtOMM

lO<ICDtOCOMO
^•viQoytOJMO

ibi

CO

OlM

#.

t03>

w-s

M
CDCO*».to*-

CO'-'^MtOh-'tO.

ceo Vrf-CoVjCOOl

"-MOCTOOKB-COit*- — M-i;S'iC0O*l<ltD

I:*
10 »•

Cjli

" These are only the net receipts at Louisville.
The total grott reoeipts
there since Septomlicr 1, 1881, have been about 3'.>3,000 bales, against
about 205,000 bales for same lime last year.
t This year's tlgures estimated.

The above totals show that the old interior stocks have decreased during the week 3,263 bale.;, and are to-night 29,449
bales less than at the same period last year. The reoeipts at
the same towns have been 4,123 bales less than the same week
last year, and since Sept. 1 the receipts at all the towns ar«
589,160 bales less than for the same time in 1880-81.

—

Rbckipts from thb Plantatiohs. The following table ia
prepared for the purpose of indicating the actual movement each

.

.

THE CHRONICLE.

13(>

[Vol.

XXXV.

damage has been done, but dry weather is
Average thermometer 75, highest 95 and lowest 54.
Belton, Texas. We have had showers on two days of the
past week, which were very beneficial, and the indications are
that they extended over a large surface. Crop accounts are
more favorable. The thermometer has averaged 78, the highest being 92 and the lowest 63, and the rainfall reached one
inch and eight hundredths.
LlMng, Texas. It lias rained hard on one day of the past
week. No serious damage has been done, but no more rain is
wanted. Planters are becoming very nervous about caterPicking is progressing. The thermometer has averWetk
lUcHpt^ at t}u Porta. St*k atlnterior Tmona. Bec'j>t«/rom Plant'ru. pillars.
aged 81, ranging from 64 to 97, and the rainfall reached one
mUmo-1882.
1880.
1881.
1880.
ISSl.
1881.
1882.
18S2.
1880.
inch and fifteen hundredths.
24.ese 49,150 25,881 189.783 194.662 127,630 12,183 28.559 10,184
M»y Vi
New Orleans, Louisiana.— It has rained on six days of the
9,574 22.562
8.669
19
26.614 42.415 20.864 l-«.823 174,809 115,435
past week, the rainfall reaching two inches and fifty-nine
" ae
4.88S
6.5151
23,764 SH,851 13,981 153.917 147.4TO 104,018
2,564
niindredths. The thermometer has averaged 78.
9,854 21.639
2S,AT4 82,642 15.850 140,127 136.470 93,585
5,617
Jnne t
8hreveport, Louisiana. We have had generally fair
2,217
2.342
5.433
18,SS0 29.432 15,624 128,764 109,380 83,394
» ....
weather during the past week, with two light rains. The
16 15.785
2.678
19,870 28,218 18.658 103,909 96.917 72,408
16. ...
rainfall
reached seventy-eight hundredths of an inch. Crops
7.435 17.75«
23.611 23.478 13.869 S7,8a) 9l,iJ80 59,550
1.011
28
The thermometer has ranged
8.049
17.057 20.602
9.388 81.179 78.617 50.417 10.403
155 are in an excellent condition.
SO
from 69 to 93.
9,027 12.937
14.070 1B.163
9.586 77.036 72.391 42,843
2.012
July 7
4,404 19,811
10.691 18.199
8.142 70,749 74,003 85.454
753
14
Vioksburg, Mississippi. Telegram not received.
• 21.
2,081 11,115
13.148 19.382
9.160 £9.682 65,756 31,622
5.318
Columbus, Mississippi. We have had rain on two days of
6.126 62,605 68.277 28.276
3,082
28
10,859 16.151
8,672
2,780
the past week, the rainfall reaching one inch and four hunThe above statement shows 1. That the total receipts from the dredths. The thermometer has averaged 79, the highest being
plantations since Sept. 1, in 1881-82 were 4,637,842 bales; in 93 and the lowest 68.
Little Rook, Arkansas. The weather during the past week
1880-81 were 5,776.997 bales; in 1879-80 were 4,928,409 bales.
has been fair to clear and dry. The thermometer has rangep
2. That, although the receipts at the out-ports tie past week
were 6.126 bales, the actual movement from plantations was from 63 to 90, averaging 77.
Memphis, Tennessee. It has been showery on two days of
only 2,780 bales, the balance being taken from the stocks at
the past week, the rainfall reaching thirty-four hundredths of
Last year the receipts from the plantathe interior towns.
an inch. Average thermometer 78, highest 90, lowest 67.
tions for the same week were 8,672 bales and for 1880 they
The weather was showery during last week, and the rainfaJJ
were 3,682 bales.
Amodht of Cotton in sianr Jclt 28.— In the table below reached one inch and twenty hundredths. The thermometer
we give the receipts from plantations in another form, and averaged 78, and ranged from 63 to 91.
Nashville, Tennessee. It has rained on two days of the
add to them the net overland movement to July 1, and
past week, the rainfall reaching twelve hundredths of an
also the taking't by Southern spiuners to the same date, ao as to
inch.
The thermometer has ranged from 61 to 91, averaging
give substantially the amount of cotton now in sight. We shall
week from the plantations. Receipts at the oatporta are sometimes misleading, as they are made up more largely one year
than another at the expense of the interior stocks. We reach
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
flouthern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
vhich finally reaches the market through the out-ports.
BEOEtPTB FROM PUINTATIONS.

bly no serious

wanted.

—

—

—

•

'•

—
—

'•

•'

—

—

—

—

continue this statement hereafter, bringing
of each week.

it

down

1881-82.

to the close

1880-81.

Receipts at the ports to July 28
bales.
Interior stocks in excess of Sept. 1 on July 2d.

4,654,991
•17,149

3,7.57,558

Total receipts from plantations
Net overland to Jul.y 1
Boutbern consumption to July 1

4,637,S42

5,776.997

464,3.38

309,799
195,000

229,000

19.439

Total in sight July 23.
5,331,178
6,481,796
Decrease f loiu Septeiuoer 1
be seen by the above that the decrease in amount in sight
to-night, as compared with last year, is 1,150,618 bales.
*

It will

Weather Reports by Telegraph.—The weather the past
week has been generally favorable for crop development, but
in Alabama and portions of Georgia there are some complaints
of too

much

rain.

Qalveston, Texas.— We have had shovrers on four days of
the past week, the rainfall reaching sixty-three hundredths of
an inch. Nearly every section of the State has had enough
rain and no more is wanted for the present. Crops are very
promising. Picking had been retarded by showery weather,
but has started througliout lower half of the State. Nine
bales of

new

cotton have been received thus far.

The

ther-

mometer has averaged 82, ranging from 75 to 89.
Indianola, Texas.— It has been showery on four days of the
past week, the rainfall reaching eighty-seven hundredths of
an inch. The showers were beneficial locally, but in the interior they were not needed.
Crops are very favorable, but

dry weather

is

desired.

The thermometer has ranged from 73

to 93, averaging 81.

Dallas, Texas.— It has rained hard on two days of the past
«veek, the rainfall reaching two inches and sixty-five hundredths.
are having too much rain, no serious damage

We

—

Mobile, Alabama. It has been showery on six days, and
has rained severely on one day, of the past week, the rainfall
reaching one inch and fifty-two hundredths. We are having
too much rain, and crop accounts are less favorable, although
the crop still continues to make good progress. The thermometer has averaged 77, the highest being 89 and the
lowest 69.
Montgomery, Alabama.— It has rained on everyday of the
past week, and when not raining it has been cloudy. We are
having too much rain, and if it continues much damage is
feared. We hear rumors of caterpillars, but think them of
veiy little importance as yet. Average thermometer 75,
highest 91 and lowest 64.
Selma, Alabama. We have had warm, sultry and wet
weather during the past week, with rain on five days, the rainfall reaching two inches and thirty-two hundredths.
have
had pleasantly cool nights. The crop is making good progress.
The thermometer has averaged 74.
Madison, Florida. We had rain on three days during the
early part of the past week, but the latter portion has been
clear and pleasant.
We hear rumors of the appearance of
caterpillars, but think them of very little importance.
It is
claimed that rust is developing badly. The thermometer has
averaged 85, ranging from 73 to 98.
Macon, Georgia. It has rained on three days of the past
week, and the remainder of the week has been pleasant. The
crop is developing promisingly. The thermometer has ranged
from 64 to 87, averaging 75.
Columbus, Georgia. We have had rain on five days of the
past week, the rainfall reaching three inches and five hun-

—

We

—

—

—

We are

having too much rain. The thermometer
the highest being 90 and the lowest 05.
Savannah, Georgia. It has rained on five days of the past
week, and the remainder of the week has been pleasant. The
thermometer has ranged from 69 to 91, averaging 79, and the
rainfall reached two inches and thirteen hundredths.
Augusta, Georgia.
have had good general rain on five
days of the past week, the rainfall reaching one inch amd fiftydredths.

has averaged

73,

—

—We

seven hundredths. The weather is warm and sultry. Crop
accounts are favorable and cotton is developing encouragingly.
The grain crop is Urge and almost unprecedented. The thermometer has averaged 77, ranging from 68 to 93.
Atlanta, Georgia. Telegram not received.
Charleston, South Carolina.— Vfe have had rain on two
days of the past week, the rainfall reaching one inch and
eighty-eight hundredths. The thermometer has ran^d from
present. The crop is developing promisingly. The
thermom- 68 to 93, averaging 79.
eter has averaged 85, the highest being 101 and the
lowest 68.
The foUowing statement we have also received by telegraph,
Palestine, Texas.—It has been showery on one day of the showing the height of the rivers at the points named
at 3 o'clock
past week. Crops are splendid. The thermometer has
aver- July 27, 1882, and July 28. 1881.
aged 80 ranging from 68 to 92, and the rainfall
reached
July 2 7, '82. July 28, '81.

has been done, but we want dry weather.
Crops are good.
Average thermometer 80, highest 95, lowest 64.
Brenham, Texas.— Vfe have liad very beneficial showers
on three days of the past week, the rainfaU reaching one inch
and forty hundredths. We have had enough rain for the

two hundreUtliB of an inch.
Huntsville, Texas.— U has

rained magnificently on three
the past week, the rainfall reaching two inches
and
thirty-one hundredths. At last we have enough rain
Prospects are first class, notwithstanding some damage
by the
recent drought. The thermometer has ranged from
68 to 96

^ys of

Averaging 83.
Weatheiford. Texas.—It has rained on two days of the past
I

—

New

Feet.
OrleikiiB

Memphis
Nashville

Shreveport
Vieksburu

Below high-water mark
Above low- water mark.
Above low-water mark.
Above low-water inai k
Above low-watT mark.

iTich.

3
21
4

«

8

2

3>i

6

Feet.

in«A.

10
14

10

9

2
3
1
Miss ing.

'

week

(almost a deluge), the rainfall reaching three inches
and
We are having too much rain; proba-

lorty-two nuaoreatJus.

New Orleans

reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high- water
mark of April 15 and 16, 1874, which is 6-10th3 of a foot aboy
1871. or 16 feet above low-water mark at that poi nt.

"

Jolt

—

CoifDiTiOH OF Cotton. The following we take from onr exchanges, and they indicate the condition of cotton the latter
part of July
:

—

In Washington and Cumberland Counties
late rains have done mach good, and
progressing finely.
The Weldon (Halifax Co.) News says
"Crops are ImjirdViiiK every (lHy,aU(I with saltablo weather there will
be an ayerage yield in tbia seotiou. both of cotton and corn."
Alabama. The Mobile Price Current of the 22d inst. says
"Rainy weather hai prevailfd tlirouKhoiit the interior during the paat
week, and, whlln no nmterinl Injury has yet reHUlted to the crops, there

the warm weather and
eotton

is

137

some instances they are rather easier, while the yams ont
of
which they are made are from %d. to J4d. per lb. higher.
Movements dihuho thb Sbasoh Ocjtobbr 1 to Junk 30.
The deliveries to English and Continental spinners during the
first ninn months of the season c impare as follows
with the

figures for the corresponding period of last season

:

—

:

l« apprehensliMi of dannit;it should the rains continue for auot .cr week.
of both eotton and corn is very satlsraetoiy, and
the i»ro»pectof lar«o yields uniisiiaily cnoouraKluR. Tliere are rumors
of the apiMutrHnee of cotton worms in a fow counties of Alat>.'ima and
Hlssis.sippi, l)Ut such reiiort.s receive uo serious attention."
"Tile first open boll of eotton this season was reported on fie 12th
Inst., from Wilcox C»., Ala., and exhibited at the Cotton Exchange by
Messrs. B. Kahn & Co. The flrst bolls livst season Were reported ou the
I5tii July from the same county by the saiuo parties."

The present eondition

Messrs. Jno. W. Tulis & Co. of Eufaula, Ala., under date of
the 20th inst., say
" The situation hero is unohauged', and the cotton plant is growing
and taking on fruit tlnely, the occasional showers we arc having k jcpiug tlie plant in a vigorous, healtliy condition, and eiiuslng it to retain
the fruit it is taklug ou. So far wo have hoar 1 no comiilaint of shedding
:

rs. To sum ui> too whole situation, we consider the crop
in this section deyelopiag euoouragiuKly, with good prospoeta both for a
fair yield In quantity aud an improvement lu staple as compared with
last year."

or of caterpill

Mississippi.

—A

sp?cial

New

from Yazoo to the

Orleans

Times -Democrat, dated July

22, says :
" Fears are entertained that the continuous rains will
cotton crop, which promises to bo tine."

The Jackson (Hinds
"The crops

.

THE OHRONICJ^E.

29, 1882.1

North Carolina.

—

.

.

Clarion says
and cotton are splendid. Cotton

Co.)

of both corn

damage the

Ortat Britain.
1881-82.
N». of bales

Av.wght

.

1880-81.

1881-82.

2,714,210

2,4S2.I90

432

4.->0

(lbs)

Tot.wght(lli») 1,172,538,720 1.091,335,000
Bales of 400
lbs
2.931,000
2.728,000

For the whole of

1830-81.

2,418,660

2,323,150
421
432
1,018,255360 1,003,600,800
2,515,000

2,509,000

the averatre weekly consumption of Great Britain was 68,692 bales of 400 lb.s.
For the first
half of the present season it was probably about 70,000 bales;
for the second half it may reach 71,000 bales. We have adopted
this latter figure for the past thirteen weeks, which, with 70,000
for the previous twenty-six weeks, gives a total of 2,743,000
bales for the first thirty-nine weeks of the season. The Continental consumption for the whole of last season averaged 56,846
bales of 400 lbs. each. For this season the average will probably amount to from ."^g.OOO to 60,000 bales. Hitherto we hare
calculated upon 59,000 bales, but a number of our correspondents think 60,000 nearer the truth. We have accordingly
adopted this figure for the flrst thirty-nine weeks of the season,
whereby we reach a total of 2,340,000 bales.
On the basis Of the foregoing estimates, the movements for
the thirty-nine weeks of this season and last compare as follows, in bales of the uniform weight of 400 lbs.:
last season

Oreal Britain.

:

growing
finely under the lufluonco of the warm sunshine we are having, and
with a pertoct staud all over the county our planters can reckon on
nwre than an average cro|>, although it is somewhat late."
The Batesviile (Panola Co.) Panolian of the 14th inst. says :
" The cotton heretofore has been growing almost alone— that is, the
grass (lid not sociu to keep pace with the cotton, but the recent rains
nave changed all this, ancf the grass, from simple little spears, has sud-

:

Oonthtent.

1881-82.

is

Surplus stock, Oct. 1
Deliveries to

June

1880-81.

Continent,

1881-82.

1880-81.

25,000

27,000 240,000 112,000
2,931,0002,' 28,000 2,545,000 2.500,000

.

30..

Supply
Consumption, 39 weeks

2.956,000 2.755,000 2,785,000 2.621,000
2,743,0001 2,65-J ,000 2.340,000 2.188,000

.

Surplus stock .fune 30.

213.000)

103,000

445,000

433,000

•Uenly spread out into a woU-Jointed green floor."

Arkansas.—1\x«
15th

inst.

says

Forest City

(St.

Francis Co.)

Times

of the

:

" Both corn and cotton crops are gowing so flnely that
telling the people way off."

we

can't help

•

The Des Are

(Prairie Co.) Appeal of the 14th inst., says:
"Good nains all over the county and crops fine. The early corn is about
made; cotton is growing very fast."

—

Louisiana The Louisiana pr^-sssay of the crop
Columbia (Caldwell Parish) Herald: "Flattering reports oome from
4|U parts of our pHrlsh couceruiug the crops. Though continued drought
•dill them some injury, a much larger yield, both of com and cotton, will
:

bo raali/.ed than that of hist year.''
Point Couiiee (Point Cnupeo Parish) Banntr : "The cotton on all the
OTertlowed lands wlii<'.h escnpeil inundation from the second rise is remarkably duo for its age, and with a moderately late fall aud no caterpillars, will make at leiist a bale lo the acre."
Alexandila (Kapides Parish) Exprcsn : "The crops throughou*; the
parish are good, cotton is doing wed and promises a good yield."

—

Texas. First bales of late become quite common. They
were received at the following places on the dates named: Bastrop, Bastrop Co., July 22; Brenha in, Washington Co., July
20 ; Bryan, Brazos Co., July 19 ; Columbus, Colorado Co., July
21 ; Ellinger, Colorado Co., July 21 ; La Grange, Fayette Co.,
July 20 ; Marion, Gaadalupe Co.. July 21 ; Navasota, Grimes
Co., July 20 ; Weimar, Colorado Co., July 19.
The condition of the crop in various sections is shown by the
following specials to the Galveston News :
Riverside, IValker Co.— Jn\y !7.— "Farmers in this vicinity seem confldent that more than an average crop will be made."
Kopperl— July 1 —"The cotton is Immense, and the fields are all clear
of grass and weeds. "_
Marsliatl, Harrison. OouiUij—JulylS— "Cotton was never bettor."
,

iretmur, Oulorudo Counly—,]uly ;:)— "Cotton here is of good grade
and will soon bo coming in regularly. We have had several fine rains
aud good crops are assured."
Marion, Uiuidalupe (Jo.— July 21.— "Cotton is lu splendid condition.
There are prospects for a very heavy crop."
Mexia, Limestone Co.— July 21.—" We have had an abundance of rain.
* *
Prospec.s are good for making more cotton than will be gathered.
Aiutin, Travis Co.— July 22.— " Cotton reports from the country are
•
• *
favoi-4tble.
Prospects are fair for a much larger yield than last
year, piokingis progressing, but a lack of hands is anticipated during
the seasoo."
Bastrop, Bastrop Co.— July 22.—" Both the cotton and the corn crops
are splendid."
Dallas, Dallas Co.— July 22.—" Cotton has made rapid progress in
growth, both iu weed and in fruiting. It is au average of waist liigh
aud could not well look more hoiilthy or vigorous."

Ellison

&

Co.'s

Circular fob Jolt.— We have this week re-

ceived Mr. Ellison's circular dated July 10, and give

it

below:

ConKSE of the Manchester Mabkbt, June 9 to Jolt 10.
The business done dnting the past month has fallen much
below the volume attained in May but the contracts then
taken and the upward tendency of the raw material have kept
prices firm, and in some instances enabled producers to establish an advance.
Fine yarns have been exceptionally influenced
by the Kgyptian crisis, but at the close they are distinctly
;

lower than the figures toucht-d at the highest point. Compared with the races current a month ago, the medium counts
of yarn show an advance of >^d. for weft and J^d. to \iA. for
twist; but the current makes of shirtings are unchanged and
the position of manufacturers is very unsatisfactory, ahirtings
are about the same price as thsy were twelve mouthe ago in
;

The

excess in the mill stocks of Great Britain includes a considerable quantity of Egyptian and some East Indian cotton.
Of the Continental stocks there is a much larger proportion this
season than last in Russia, Austria. Italy and Spain, but a
smaller proportion in other districts. The following table shows
that the channels of distribution have this season experienced
considerable changes— a fact which has caused many people to
underestimate the stocks at the Continental mills, the spinners
having obtained supplies through new channels.

Deliveries to Consumees Octobee 1 to Jdne 30.

Hamburg

..»,...

Bremen
Anistc'dam
Rotterdam

1882.

1881.

99,000
339,000

107,000
431,000
60,000
84,000
96,000
440.000
50,000
152.000
126.0O0
149,000
133,000
294,000
198,000

3!t,000

77,000

Antwerp
Havre

U7.000
426,000'
53,000j
143,000'

,

Marseilles

Barcelona
Genoa...

139,(X)0|

Trieste
:
Venice, Naples. &o
Russia, <tc., direct
Baltic and minor ports

from Qt, Britain.

Total

199,000
155,000
325,000
308,000

1880.

106,000
297 000
68,000
67.000
110.000
444,000
60,000
14.S,000

125,000
150,000
133.000
270.00O
153,000

2.4 19.000; 2,3.'3,000 2,131,000

The deliveries from Havre, Marseilles, Bremen, &c., are exclusive of re-exports to other Continental ports and to Great
Britain.
The supply for Europe, including surplus stocks at the mills,
compares as follows

:

1882.

stocks Liverpool and London

950,000
231,000
297,000
250.000
213,000
445,000

Afloat for Great Britain
Mill stocks. Great Britain
Mill stocks. Continent

cess of

1880.

823,000
238,000
307.000
232.000
108,000
320,000

2,386,000 2,392,000 2,028.000

Total

Showing a

1881.

932,00v
383,000
217,000
324,000
103,000
433,000

compared with last year, and an
358,000 bales compared with the year before.
deficit of

6,000

ex-^

—

Jute Butts, Bagoino, &c. The market for large parcels,
shows but little activity, and buyers are few.
The jobbing
trade has been good, however, and in this way quite a quantity of stock is moving. There have been sales of about 3,50e rolls
various grades, at 7^c. for 1>6 lbs., S^^c. for 1% lbs., 9^c for
2 lbs. and 10c. for standard qualities. Butts are not wanted,
except in small lots, the larger buyers being well stocked up.
In jobbing parcels some 3,000 bales have been placed, and the
close is quiet, with sellers quoting 2 7-16@2 H-I60. for paper
grades, and 2M@2^c. for bdgging Qualities.
Comparative Pobt Rboeipts and Daily Crop Movement.
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 month. We have consequently added to o\»r other standing
tables a daily and m':nthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The movemeat «AQh IQontb
sinoe September 1, IS91, has been as follovrSi

—

.

..

.

THE CHRONICLE.

138
Ytar Beginning September

JtonMj/
Xtetiptt.

1881.

1880.

1878.

1879.

1877.

425,770 458,478
837,349 968,318
931,078 1,006,501
983,440 1,020,802
543,912 571,701
291,992 572,728
257,099 476,582
147,595 281,210
113,573 190,051
68.679 131,871

Bept'mb'r
October.

BoTemb'r
Deoenib'r
.

February.

Marob...
April

.. ..

May
Jane

333,643
888,492
942,272
956,464
647,140
447,918
261,913
158,025
110,006
88,455

98,491
578,533
822,493
900,119
689,610
472,054
340,525
197,965
96,314
42,142

288,848
689,264
779,237
893,664
618,727
566,824
303,955
167,459
84,299
29,472

236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,101
68.939
36,030

•tal year 4,620,487 5,681,231 4,837,328 4,421,749 4,238,246 3,939,755
Fgro'tage of tot. port
99-12
97-62
96-71
97-56
96-72
reeelptg June 30

This statement shows that up to Jane 30 the receipts at the
ports this year were 1,060,794 bales less than in 1880-81 and
316,841 bales less than at the same time in 1879-80. By adding
to th« above totals to June 30 the daily receipts since that time
we shall be able to reach an exact comparison of the movemeut
for the different years.
1880-81.

1881-82.

1878-79.

1879-80,

1877-78.

Europe

This
week.

from—
Bombay
All other p'rt«.

Total

Tot.Jn.30 4,620,487 5,681,281 4,837,328 4,421,749 4,238,246 3,939,755
343
3,402
1,904
918
2,405
8.
2,902
271
2,701
970
B.
1,541
1,521
8.
1,548
1,176
1,733
1,864
8.
1.763
629
761
848
1,236
<
2,621
411
464
1,163
5..
2,853
367
'
1,530
8.
4,003
840
914
6..
1,395
'•
1,761
1,112
8
7..
2,353
3,880
819
'
2,068
3,961
334
8..
1,168
930
S.
'
4,563
9..
8,
3.036
563
815
1,013
'10..
2,232
322
58C
S.
796
798
8.
•11..
287
1,006
2,731
674
634
1,874
'12..
1,031
399
863
3,222
479
983
'13..
8.
346
2,761
685
726
2,187
3,015
409
8,
14.,
5,334
758
783
206
201
3,101
834
15..
8.
3,169
2,632
255
a.
563
16..
361
'17..
1,106
158
2,250
a.
793
572
8.
1,220
613
3,009
1,382
18..
839
2,502
'19..
581
380
4,188
633
415
985
1,531
2,467
8.
477
20..
996
1,190
512
3,904
3,717
8.
21..
239
838
2,512
2,897
521
'22..
772
8.
8.
3,322
406
'23..
2,589
489
572
892
334
S.
2.665
'24..
711
603
8.
'25..
1,620
1,089
621
2,625
508
498
2,351
289
1,129
314
2,076
26..
'27..
638
1,254
8.
447
219
2,720
501
1.710
3.179
1,546
8.
201
28..

IMDIA.

1881.

ThU

Since

1880.

week.

Since
Jan. 1.

11,000 1,275,000
4,000 379,000

12,000
10,000

771,000
224,000

2,000
4,000

18,000 1,634,000

22,000

995,000

6.000 1,079.000

Jan.

1.

This
week.

SUiee
Jan. 1.

808,000
271,000

This last statement affords a very interesting comparison of the
total movement for the week ending July 27 and for the three
yearn u^ to date, at all India ports.
Alkxahdria Rbcbipts akd Shipmbhts.— Through arrangements
we have made with Me,S8rs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the mevements
of cotton at Alexandria, Egypt. The following are the receipts
and shipments for the past week and for the eoi responding week
of the previous two years.
Alexandria, Egypt,
July 27.

1881-82.

Beoeipta (oantars*)—
This week
Since Sept. 1

1880-81.

1879-30.

2.000
2,773,500

2.831.7-20

1876-77.

Jiflyi....
" 2....

EnBOPB FROM ALL

-ro

1882.

SMoments

1876.

XXXV.

LVoL.

gIPORTg

1.

to atl

Juiuary

:

.

3.204.000

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

245,900
176,271

1,250 246,750
154,074

291.280
175,470

122,171

1,250 400,824

466,750

Esporta (bales)—

To

lA verpool
ToC!ontinent

....

Total Europe.
oaQtar la 98 lbs.

* A.

This statement shows that the receipts for the week ending
cantars and the snipments to aU Europe
July 27 were
were
bales.

Manchester Market.— Out report received from Manchester
to-night states that business has been only checked by the
higher prices asked. We give the prices ot to-day below, and
leave previous weeks' prices for comparison:
1882.

32» Oop.

'

Twist.

'

1881.
Oolt'n

854 lis.
Shirtings.

Mid.

32» Oop.

JTplls

Iwist.

SH

Oott'n
lbs.

Mid.
Upld»

Shirtings.

'

'

'

'

'

4,654,991 5,754,596 4,887,862 4,134,443 4,256,866 3,956,333
Feroenta,-e of total
99-71
97-72
97-95
97-97
port rei'Dts July28
9797

Total

This statement shows that the receipts since Sept. 1 up to
to-night are now 1,099,605 bales less than they were to the same
day of the month in 1881 and 232,871 bales less than they were
add to the table
to the same day of the month in 1880.
the peroentages of total port receipts which liad been receired to
July 28 in each of the years named.

"
9 gi^aiois
" 16 g^a^lOis
" 23 958®10»4
" 30 99l6®10l4
July 7 99ia®10i4
•'

OSiaaiO^

14

" 21

oiiaiois
" 28 99in®l0l4

The Exports of

6
6

®8

6

-as

Shipments

_

JTear Great OontiBrit'n. nent.

1882
1881
1880
1879

Shipments smee Jan.

this xoeek.
,
,
""'«'•

Qreat
Britain

Oonlinent.

This
Week.

Total.

9,000 5,000!l4,000 705.000 570.000: T1,275.000
2.000 10,0001 12,OO0|2G0.OO0 511.000 771,000
3,000
2,0001316.000 462,000 808.000
3.000
3,0001240,000 305.000 515,000

Since

Jan. 1

7.000 1,565.000
6.000 1,113,000
8,000 1.O3S.OO0
4,000 763,000

According to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of 1,000
bates, and an increase in shipments of 2,000 bales, and the
shipmenta since January 1 show an increase of 504,000 bal»js.
The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for
the same week and years has been as follows.
eALCDTTA. MIURAS, TDTtCORIN. CARWAR. RAHOOOK kVD KDRKACHBE.
Shipments
Tear.

Qreat
Britain.

1882.
1881.
1880.
1879.

The above

4,000
9,000
4,000
10,000

this week.

Oontilunt.

Shipments
Qreat

Total.

1,000

4,000
10,000
4,000

5',6o6

1.^.000

I

si nce

January

Britain.

Continent.

totals for this

a

d.

d.

6^

6 '8
6^8

878
8'a
878

d

8.

d.

5»2a7 8i«

9>i 6

s^-a 912 6
8"8® 9126

81^

5'a'a7
5i«-a7

51519
2:18

8h
® 9^6 5ia»7 8I2 i^«
63lB
® 912 6 5ia®7 8%! 63lft
412*7 IOI2
® 03a 5ifl»7 8>a 63,8
4>2a7 lOHi
9 -a 95s
9 -as
65u
4i3»7 10i« 6I616 gie a 9%
9 -98
6«18
4»2a7 lOia 615i„ 9% ® 9%
9 -38
ei'ie
6is,«.
9^8 a 9%
6 88
7lie
9 «8
Cottox from New York this week snow a

compared with last week, the total reaching 7,805
Below we give our usual
bales, against 8,243 bales last week.
table showing the exports of cotton from New York and other
direction, for each of the last foar weeks ; also the total export*
and direction since September 1, 1881, and in the last column
the total for the same period of the previous year
Exports OF Cotton (balbs) frow New York bincs Sept. 1. 1981.

Week endingExported to~

July

July

July

July

Total
since

5.

12.

19.

26.

Sept. 1.

8.990

Sa7ne
period
previ'ua
year.

4,177
1,030

2,441

3,629 409,833 369,611
24,472 21,016

9,009

5,227

2,447

3.829 431,305 390,637

2,427

1,570

586

414

33,218

36,574

Total French

2,427

1,570

586

414

38,218

38,183

Bremen and Hanover

2,126

1,222

2,204

1,030

),692i 1,036

100

500

5891 1,133

1,012

2,032

56.615
21,493
19.189

41,340

Hamburg

4,407j 3,391

3,34b

3,562 100,297 102,177

1,661

7.799
3,239

11,724
2,274

11,058

13,998

Liverpool

Other British porta.

19,

Havre
Other French porta

1,609

Other porta

250,000
160,000
195,000
188,000

129,000
61,000
76,000
114,000

Total to North. Europe
Spain, Op'rto,Glbralt'r,&c
Aill

other

Total Spain,

•21,818

39,319

379,000
221,000
271,000
303.000

dio

15.843 10,188

8.-.i43

7.805 583,878 545.285

The FoLLowLfa are the RscBipra of Cotton

at

New York,

Boston, Philadelphia and Baltimore for the past week,
since

September 1, 1881:
New York.

Receipts

from—-

This
Since
week. Sept. 1.
I
I

Texas.

BavamutU
Total.

203

I

Grand Total

N. Orl'aus
1.

week show that the movement from
the porta other than Bombay is 6,000 bales less than same
week laiist year. For the whole of India, therefore, the total ship,
ments this week and since Jan. 1, 1832, and for the corresponding
weeks and periods of the two previous years, are as follows.
"

859

Receipts.

1.

I

d.

6%

-3)8

Indu CJotton Movekbmt from all Ports. The figures which
are now collected for ns, and forwarded b.y cable each Friday, of Total to Ghbat Bbitaik
the shipments from Calcutta, Madras, Tuticorin, Carwar, &c.,
enable us, in connection with our previously-received report from
Bombay, to furnish our readers with a full and complete India
movement for each week. We lirst give the Bombay statement
for the week and year, bringing the figures down to July 27.
ll01IBA.r EECBIPTS ASD SHIPMENTS FOR FOUR TEARS.

A.

0=8
6=8

decrease, as

We

—

d.
8.
d
4'a®7 10i«
4^1®? IOI2

A.

a.

M'y26 938310
June 2 939*10

Boston.

S.Car'llna
N.Ciii-'liiia

291
61

Virginia
North, pts
Tenn., &c

745

Foreign

203

.

This year.

4,075j

Last year
3.9051
* 1,198,226

1

Baltimore.

I

.676
,829
,863
,226

.

7.337
172,219
'0,269
187,889
2,682
161,809
4,937

Philadelphia.

This
Si7ice
This
Since
Since This
week. \Sept. 1. week. Sept.1. week. Sept. 1.

1,227 215,969
208 130.611
611 ;214,174

Mobile
Florida

I

aud

69

31,363

69

Xio

I

—

1,0101 112 ,918
1,159 233 ,666

•170

2,212150,670

470

596

79,341

451

27,437
19,169
85,229
56
21,716

II

732
80,675

4.617|418.863 1,130 9.1.8 19
1,126,966
I 112,033

1,317

3,127 236,148

2.5271261.671

THE CHRONICLE.

JtJLT 29. 18&a.J

Shippisq News.— The eiports ot cotton from the Pixited
States the past week, as per latest mail returns, hare reached
15,728 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and pablished in
the Chko:(ici.8 last Friday. With regard to New York, we
include the manifests of all vessels cleared ap to Wednesday
night of this week:
rolal baler.

New York—To Liverpool,

per steamers City of Berlin, 580
City of Brueeels, 345... .England, 921....myrian, 1,099

WSDHMDAT.
July
7«7-01»-02
July-Aug
7«7-02

...701»02

Aug.-Sept
Sept. -Oct.

.

.

414
1,030

500
1,932

1,731

To Kotterdam, per steamers Maas, 50
\V. A. Scholten, 50
Nkw ORLEANS—To Uavro, per ship Llzzlo Moses, 4,502
Baltimohk— To Bremen, per steamer Hermann, 1,345
Boston— To Uverpool, per steamer MarutUon, 76
PuiLADBLi'iUA— To Liverpool, per steamer British Prince, 2,000

100
4,502
1,345

76
2,000

15,723
particulars of these shipments, arranged in our usual
form, are as follows:

66784®l>8g4

vool.

Sew York
N.Orleans

3,829

Baltimore
'Boston
PhUadelp'a
Total

Havre, men.
414 1,030
4,502
1,345

Botter-

dam.
100

burg, terdam.
600 1,932

Total.

7.805
4,502
1,345

76

76

2,000

2,000

5.905

Below we give

Ham- Ams-

Bre-

4,916

500

2,375

100

1,932

15.728

news received to date of disasters to vessi-;l8
carrying cotton from United States ports, etc.:
At Baltimore, on July 25, a fin^ ooourred on a lighter loaded with cotton
all

and

to1ja«eo for steamer Ph<euioian. About 40 bales of cotton and
5 hhds. tobacco wore thrown overboard, and the bala:co of the
cotton, about 270 bales, damaged by water. Cause of the fire uot

known.
Cotton freights the past week have been »< follows:

6«t8.
7»««^
7««8
6»Tjt

Aug.-Sept
Aug.-Bcpt
Sept. -Oct

THajtSDAT.
July
July-Aug

Oct.-Nov. .. 6*»64»*"84
Nov.-Deo.. .6*»8*9*864
Jaa.-Fob
64»6*
July
7*84

73,4»8,4
7284*4„4
Aug.-Sept.. ..72«4a««4

C'm

May-Juno
July-Aug

78.4
attS*

B«pt.-Oct

FUBAT.
July--

Aug.-Sept
ZJ«4*^*
7364l»464 Sept.-Oct

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

.

Oct.-Nov
Nov.-Deo
Deo.-Jan
July-,

July-Aug

.688g4-a6B„
6««84
6*»«4
6*8(4

Aug.-Sept
Sept.-Oct

Oct.-Nov
Nov.-Doo

7«84®»84

July-Ang

78«4
6»Se*
6*26*
T^e*
7»«4
68784
6*»c4
6*264
68*84

Deo.-Jan

.V7«n4

7S64

Sept.-Oct

Jan.-Feb
July
Aug.-Sept

««t«4
•Z.»*
7l«4

Sept.-Oct

Oct-Nov

6»*«t

64*M
9*384«a,4

Nov.-Dec
6*1(4
Feb.-Mar. ..0**(4«*S«4

BREADSTUFFS.

;

Liver-

NoT.-Deo

Oot.-Nov... e*<e4 9*>«4

The

.

6*l«4
64>84
d««64
«*«,4

Nov.-Deo
Dec. -J an
Jan.-Feb
Feb.-Mar

3,829

To Havre, per steamer Labrador, 414
To Bremen, per Btoamer Moscl. 1,030
To HiimburK, per steamers Silesia, 200
Sucvta, 300
To Anisterilam, pur steamers Atcsterdam, 201
Nomosis,

Total

139

Bept.-Oot.. .6"j4®6884

881

....Servia,

—

1

.

FEIDAT, P. M., July 29, 1883.

Flour has been quiet and depressed in sympathy with the
weak wheat market, and also owing to the intense heat, which
causes a deterioration in the quality of much of the stock here,
especially spring

dull

wheat brands.

To-day the market was

still

and heavy.

Wheat has been active on speculation, and at times there has
been a good export trade; but the larger receipts at the West
and the unusually fine quality and heavy weight of the crop,
together with the splendid harvesting weather, have combined
to depress prices, and the decline for the week is from 5 to 8
cents per bushel. To-day the market was irregular, opening
at an advance of ?^@lc., but losing this later, and declining
@lc., with a fair business No. 2 red sold at $1 13^@$1 15^
for July, $1 \3}imi 15M for August, $1 14%@$1 16>^ for Sep-

M

;

Satur.

If on.

Wednei.

rite*.

Uverpool, steam d. °3»8''52 332® '32 h23>^3a 76^?*lle4

Do

Do

38*

c.

sail

e.

Baemen, steam,

.e.

'ie-

c.

....

sail

Hamburg, steam.d.
sall...d.

6l6«
....

Amst'd'm, steam.c.

5] 6*

Do
Do
Baltic,

Do

FH.
7u®13e4

sall...d.

Havre, steam

Do

Thurs.
784-3111^4

8aU...(f.

steam
saU

....

d.

7322.14*

e.

....

Barcerna, steam.c.

Do

sall...e.

%*

38*

....

....

"Sie'

°16*

389

V

38®

....

.

ssav

V

..>

38av

....

....

38®ia*
....

36av

°ie*

ha'

=16*

616*

....

....

....

....

....

OlS*

»!«

5l8»38*

6ieaV

6i8®3e*

....

....

....

....

v»*

H'

\*

9l6*

»16*

»18*

733^14. '»i-a>H'

»1.*

»18*

....

....

»18'

"iio-

Compressed.
LiVBBPOOL. By cable from Liverpool, we have the following
atatunent of the week's sales, stocks. &c., at that port:
'

—

tember, $1 15J^@|1 17^ for Ootob'^r, $1 17^0$1 18^ for
November and $1 13J^@$1 15M seller the year.
Indian corn has been, a.s a rule, quiet, bat prices, thougli
early in the week depressed, have latterly been advancing in
response to a steady rise in Chicago, where speculative manipulations have caused the advance, aided by less favorable reports in regard to the crop, which is said to need more rain.
These statements are treated as canards by many, but h&T«
nevertheless influenced the course of prices. There has how-

ever been a noticeable disinclination on the part of both exporters and speculators here to engage in large transactions
lately. To-day the market advanced ^@lc., with a fair amount
of trade; No. 2 mixed sold at 84i^c. for August, %a%@^h%9.
for September, 85c. for October, 83c. for

November and

79>6c.

seller the year.

July
Bales of the

week

bales

Of which exporters took
Of which speculators took..
American

7.

65,000
8.:j00

Total stock -Estimated
Of whICu A aeriean— Estim'd
Total import of the week

6,700
41,000
9,900
12,000
842,000
492,000
29.500

Of whicn American.
Amouutalioat
Of which American.

294,000
74,000

Bales

Actual export

Forwarded
.

113,000

..,
,

...

July li.
72.000
9,000
12,000
42.000
14,000
11,500
828,000
487,000
59,000
46,000
238.000
35,000

July 21.
51,000
5,200
3.500
31,000
10. .500

5,700
810,000
470,000
43.500
23,500
203,000
19.000

90,000
4,700
19,500
60,000
13,000
5,200
736,000
426,000
9,000
5,V00
231,000
25,000

The tone of the Liverpool market for spots and futures each day of th week ending July 28, and the daily oloslug prices of spot cotton, have
been as follows:
Saturday Monday. Tuesday.

Bpot.

p.

M.

Unrdea'g.

and

Vina.

Firm.

firmer.

Bpoc.Aeip.

4

Steady.

DnlJ.

ilid.Upl'dP
(aia.Orl'us
Sales

Market,

Frtday.

Actlre

Market,
12:30 P.M

Futures.
Market,
12:30p.m.

Wednea. Thursd'y.

6J5.
8.000
2,000

?!!'«
7'8

61518
7ie

12,000
2,000

14,000
4,000

I

GRAIN.

Wieat—

7
73l8

20,000
7,000

Rye has been dull and declining. Oats have sold freely, but at
lower prices for the later deliveries, though July has advanced
2c. to 3c., owing tp a corner both here and in Chicago; the
trade has been mainly in options, as the supply on the spot has
been moderate. To-day the market was fairly active at a
slight decline in the later options, though prices on the spot
and for July were higher ; No. 2 mixed sold at 68@70e. for
July, 49^@50c. for August and 44^@44%c. for September. *
The following are closing quotations :
FLOVB.
No. 2 spriug...» bbl. $2 70» 3 35 City Shipping extras. 86 009 8 25
No. 2 winter
270*340 Southern bakers' and
family brands
Superfine
3 403 4 25
6 253 7 SO
Spring wheat extras.. 4 759 5 SO South'u si Ip'g extras. 4 853 6 20
5509 7 50 Kye Hour, superUne.. 3 50a 3 90
do bakers'
Wis. & Minn, rye mlr. 5 90» 6 60 Corn meal—
Western, Jfcc
Minn, clear and stra't 5 50a 7 50
4403 450
Brandyuine, Ac
Winter Bhlpp'g extras. 4 50* 5 00
4 503 4 60
700* 8 75 Buokw't flour.lOOIbs
Patents
3 ....

15,000
3,000

15,000
3,000

95 1M 13
110 -iM 13
105 ®1 15ia

White

1

Com— West,
/

Steady.

Firm.

Firm.

rirm.

Klria.

3te.iay.

Firm.

Steady.

Firm.

Quiet.

j
}

j

Barely
steady.

Quiet.

The actual sale.} ot rutitre..i at Ijivci'i»ool for the same week are given
below. These sales are on the basis of Uplands, Low Middling clause,
unless otherwise stated.
BATUKDAT.
Delivery.

Delivery.
Sept.-Oct

d.

July-Aug

t>S9g4

Aug.-Sept

600^4

I

d.

66384
6«)84

Oct.-Nov

Delivery.

July-Aug
Aug.-Sept

d.

660g4
08164

6eOK4®«i«4
..

Aug.-Sept..
Sept.-Oet

I

Oct.-Nov.

.

.

6*0,4311^
6381,4

Aug-Sept

66»n4
66*84

li»0t;4

a 82g^

C53ui

I

I

Sept.-Oct

July
July-Aug
Oot.-NOT
Jan.-Feb

682e4
68284
6*284
6*064

TCEBOAT.
July
July-Aug

6«2|)4

682s4

Aug-8eiite8S(n*33«4a>7
Sept. -Oct.. .Uu^cii''°*(!4
Oct.-NOV
0*2o4

mixod

63»e4
6*084
6*284

jHly
Juiy-Aug

7

Sept.-Oct

«iiOg,

t;8S84

Oct.-Nov

8opt.-Oct

653e«

Nov.-Deo

6*'bi
6*f «j

7

95
95
92
73
76

White
No. 2 mixed.
No. 2 waite...
Barley

63
70

9

g;)

3

74

8 76

69

3 76
....

Canada No 1
Canada bright

3

3G

a 1 00

Btat«, 4-rowe>l
State, 2-rowed

3 ....
9 ....
3140

*

85»4«
....

OatsMixed

a

ai

86>3

15

3

Barley Malt-

* 95

....
••..

Canada
1 25
75
State, 2-rowed...
1 07
31 I2>fl
a 76
4-rowed...
Stale,
1 15 3122>fl
{From the New Xork Produce Sxefuinve ITMA'fi/.")
Receipts of tlonr and grain at Western lake and river ports
for the week ending July 22, 1882:
Flour,
Wlieal,
Corn,
OaU, Barley,
bbit.

(196

Obloago

Milwaukee
Detroit

Total
'81.

bicsh.

(56

lbs.)

bush.
bush.
btuk.
(32/A».)(48(6».) (56;6».)

123,514 3,101,134 1,854,251
157,603 1,198,6602,997,164

613,466
714,317

2,389
37,102
1,073
2,550

Louis
Peoria
Duluth

bush.
(60 lbs.)

314.296
23.450
7,013
8.115
17,600
146.360
96,600

2,5-.!3

aevelaud

a

943,656 1,349,966
30.400
159,535
7t;,8o3
410,385
12,542
74.632
194,600
9,650
1,283.849 214,210
7.250 160,600
27,287

6S3

Toledo

gune time

/6».)

33,155
4J.739

8t,

Nov. -Dec
Jan. -Feb
Feb.-Mar
July-Aug

13'ssl lb\
05 ® 1 2
tjl

Southern wliite..
Southern yellow.
Bye— Car lots
Boatloads

At—

6«o„4a'8:84i Nov.-Dea

1

West. mix. No. 2.
Western yellow,.
Western white ...

MONDAT.
July
July-Aug

I

Spring. per bu9h.
Spring No. 2
Ked winter
Bed winter. No. 2

1.429

22,040

1^,260

950

700

420

117
6,150

1,022
5,150

19,656
20,246

29,588
20,138

:

.

THE CHRONICLE.

140

Total receipts at same ports from Dec. 26, 1881, to Jaly 22,
1883, inclasive. for four years
1880-81.
1879-80.
1881-82.
1878-79.
nonr
bblB.
4,980.121
4,136.302
3,248,967
3.617,865
tVliMt

bngh.

Oom
OkU

47.390.300

27,712.422
67.182.913

21.3,%8..')77
20,i)fi5.3'.)3

:J.t,279.135

Barlev

4.80:J.120

Ryp

1,182.673

3,973.898
899,555

Total KralD

30.704.532
87.980.603
17.192.285
2,938.954
1,262,781

37.265.468
53.0 J8 007
16,061, 8S8
2,424.402
1,781.838

139.729.145 110,561.603
Comparative receipts (crop movement) at same ports from
August 1, 1881, to July 32, 1882. as compared with the previous three years :
1880-81.
1879-80.
1881-82.
1878-79
8,634,551
6,468,718
bblB.
7,621,101
6,352.421
Floor

Wbeat

ta«h.

Com

Oats
Barley

Kye
Total (O-aln...

125.047,953

95.703,063

....

46.363.158
106.422.335
36.780.878
12,124.819
3,847,068

80,909,265
127,969.851
46,408.610
11,861.720
3,351,361

89.000,525
126,671,133
30,615.540
10.451,698
4,085,457

205.538,278

270.500,837

262.824,353

fVou XXXV.
Wheal,
bnth.

In Store at—
Peoria
ndlanapoll8
tatuas City
Biltlniore

Dowu MissUsippi.
On rail
On lake
On canal
Tot.
Tot.
Tut.
Tot.
Tot.
Tot.
'

32.021.700
9,566.148
4,738.181

bMak,

l,3-">0,329

1,372,812

463,000

232.000

July 22, '82. 10,942,368
July 15, '82. 8.947.865
8, '82.
July
9.624.412
July 1, '82. 10.107,430
June 24, '82. 10,555.416
July 23, '81. l5,'62l,64o

Barley,
bush.

Oats.

67,300
140,650
447.120
308,272
1,069,530

22.634
2,800
9,064

Kye,
bush.

855

92,057
2,990
21,817

3,770

19,528

1,580

t«8.710
32,906
57,133

•

34,325

6,021,954 1,187.234
6,000.1.34 I,3l2,8t9
6,388.650 1,675,628
6.965.867 1,84-). 2 10

72,943
108.568

8,13.5,326 l,9-.;6,495
l5,'y")l,'o73 7,'91oi563

103.4.57
1,33,736

100.817
f.5.932

15,4g6

605.107
617.237
677.810
725,670
807.802
117,028

Malt,

93,364.234
1)3,098.402

Corn,
buth.

46.420
31,800
59,143
216.78V
6,750
583,673

Brports or ProvUlous.

The

following are the exports of provisions from New lork,
Boston, Baltimore, Philadelphia, Montreal, Portland and New
Orleans, for week ending July 22, 1882, and their distribution:

23:3,7.^8.635

To—

Comparative shipments of flour and grain from the same
porta from Dec. 2ti, 1881, to Jul.7 22, 1882, inclusive, for four

Pork,

Feef,

Lard,

Ba4Mn,

Cheese,

Tallow,

bbls.

bbCs.

lbs.

lbs.

lbs.

lbs.

years:
Flour

1880-81.
4,936,260

1881-82.
3,913,14J

bbls.

187H-79
3,830.134

1879-80.

3,067,630

London
Liverpool

721

SlasRow
bush.

"Tteat

•

Com

.C««
Sarley

lUjo

16.215.149
41.680.170
10.513.369
2.107,216

28,879,764
58,569,817
19,290,932
2,030.79J

1.403,0.52

1,084.011

31,682,2-1
74,035,935
17,300,390
1,646.671
1,106,491

33.904,346
47.089,308
12,236,606
2,051,088
1,718,3J9

Kratn

77.923,5)72

,

Kail shipments

109,861,323

122,371,758

96,999,687

from Western lake and river ports for the

^veeks ended
1881.

1880.

1879.

Week
July 23.
142,901

Week
July 24.
90,954

Week
July 26
93,620

1882.
TJeek

Floor

bblB.

July 22.
67,621

Wheat

bush.

Corn
Oats
Barley

Hye
Total

220.966
463.710
3.770
14,528

370,512
989,114
490,885
6.130
11.149

548,873
513,tOO
409,073
16,370
38,204

697.621
431,216
349,160

1,564,504

1,868.110

1.526,180

1,545,265

Bail and lake shipments

Week
ending—

Flour,

Wheat,
bush.

48,715

from same ports for last four weeks:
Oom,
Oats,
Barley,
Rye,
bush.

bush.

2,''.58,131

1,171.786

943,331
524,114
659,677

1.061.6.57

905.218

51 3.196
398,504
435,875

3,770
7,953
4,907

1,230.6 ;6

32.^.97l

19,39i>

oois.

July 22. ..110,107
July 15... 88.414
Joly 8... 94.790
July
1... 136.721

18,.553

bush.

bash.

14.528
23,443
12,215
26,117

wk8.430.032 4,385,253 4,389,297 1.913.546
36,026 76.323
4w'kg'81.. 685,632 4,938.451 11.863.583 2,012,108
44.919 37,276
Kecoipts of flour and grain at seaboard ports for the we>-k

457
413

1,689.6.50

68,171
57.000
12,000
181,250
69,658
99.000
356,000
213,000
5,000
107,750
174,900
65,004
10,000
2,000
139,733
99,962
21,250

Hull

AToumoutU..
W.Hartlopool

140

Havre
.

30

10

20

100
50
60

265
54

166
38

Antwerp
Rotterdam...

Amsterdam..

Hamburg
Bremen
German ports
Italy

America

8.

Central
856,.o30

102.500

Bristol

Marseilles..
'I'otal

155

..

Am..

Mexico

22:

Flour,

At-

bbls.

New York
Boston
Portland
Montreal

89.363
43,353
1,500
23,599
8,520
12,923

Wheat,
bush.

Oom,

Oats,

bush.

bush.

876,610
81,030

308,743
06,595
2.800
4,900
79,201
10,500

174,800
83,431
1,600
7.129
34,iO0
20,000

142,933
135,230
552,300

Barley,
bush.

Rye,
bush.

530 35.180
1,400

900

190,900

Cuba
Haytl
San Domingo
West Indies..
Brit.N.A.Col.
Ad'ica
Atlantic 1$.
Total week
Prev's week
.

.

.

365
796

80

85
354

8

142

127

70

"151

'30

42

2,8J2| 1,961

2,907

690

1,016,808
31,225
32,476
60,206
8,400
6,000
1.772
4,6Jl,/lo
7,184,259

4,ooe
148,123

184,950

160,000

9,820
6,443

19.881
10,912

2,200

395
446
173,460

932

12,000
8,000

Brazil

3,483
6,491

i',277

617
70i»

481
4,823
1,326

12.466

5,903,. .O- 7,78o,il!u

328,115
601,829

7,8H.5
(iOO
1,(I3>'

8.062

4,764,786 6,349,710

THE DRY GOODS TRADE.

rot., 4

ended July

191,425 114,840
4,347,401 5,859,442
502,530 920,176
42,275
330,880
390,925 137,-280

Fkidat. p. M., July 28, 1882.
active the past week,

The dry goods trade was moderately

although operations were checked to some extent by the
extreme warmth of the weather. Further progress was made
in the distribution

of such

autumn

fabrics as dress goods,

flannels, blankets, shawls, cloakings, etc.,

and there was a good

4.760

steady business in prints, domestics and woolen goods, though
Baltimore
500 no very large transactions were reported. Buyers from nearly
New Orleans
all parts of the interior are present in great force, but they are
Total week... 179.258 1.808,123
473,738 341,210
1,450 41,810 operating cautiously, and there is not the least tendency
Oor. week '81. •J12,711 2,754,947 2,910,294 53'J,973
3,220
Total receipts at same ports from Dee 26, 1881, to July 22, toward speculation. There is, however, a very sanguine feeling in regard to the future of business, and a good, healthy
1882, as compa-ed with the previous three voars :
1879-80.
1881-82.
1880-81.
1878-79.
fall trade is confidently expected even by the most conservative
•riour
bbls.
6,019,303
7,323,329
5,070,250
5,477.770
merchants. Values are steady and unchanged, save in the case
Wheat
bush. 22,030,233
53.837,378
48.891.105
53,061.621
of ginghams, for which extremely low prices have been made
Com
20,32.3,492
63,429,^94
88,073,370
68,196,789
Oats
13,770,517
15,29 4,203
13,393,952
11,937.811 by manufacturers' agents.
Barley
2,232.533
2,023.383
1,586,817
1,731,937
D iMESTio Cotton Goods. The exports of domestics for the
«ye
984,907
832,708
887,727
2,135,774
TotaUraln .... 59,902,672 130,334.193 137.781,244 137,363,932 week were 3,327 packages, including 1,807 to China, 345 to
Exports from United States seaboard ports for week ending Brazil, 344 to Great Britain, 280 to U. S. of Colombia. 241 to
July 22, 1882:
Hayti, 81 to Argentine Republic, &c. There was a good steady
Philadelphia...

—

Flour,

Vrom—

bbls.

New York
Boston

Wheat,
bush.

Corn,
bush.

Oals,

bush.

73,970
20,492

1,105,227
40,902

38,277

64

40

4,884

171,338
49.868
277,863

25,367

750

2,773

Rye,
bush,

Peas,
bush.

40,639

10,778

^Portland

Montreal
Philadelphia.

Baltimore
New Orleans

.

350
4,913

Total for w'k 104,609

1,645,198
1,384,309

63,703
3,563
2,224,118 156,519

50.064

40.639 60,812
12,000 25.423
The visible supply of grain, comprising the stocks in granary
«t the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, July 22, 1882, was as
tollows:
Wheat,
Com,
Oats,
Barley,
By,
In store at—
bush.
bush.
bush,
bush.
bush.
Kew York
2,380.282 1,115,090 205,037
1,021 257.368
Do. afloat (est.)
578,000
150,000 150,000
1,100
5,600
Albany
29,000
9.500
35.500
Buffalo
362.203
372,938
1,.500
8,500
Chicago
„ 1,163,355 1,230,165 41,175
7,420
70.985
Blilwaukea
677,700
28,322
975
16,162
27,o83
Duluth
245.254
Toledo
346,905
55.746
3,816
3,595
Detroit
54.413
20.014
5,553
2,132
OeweKO
90,000
173,000
JBt. Ix)ui8
802,126
212.167
51,295
3,330
Boston
94,038
31,715
53.978
29,221
1.310
ToTOato
136,879
2,509
5,133
2.836
Montreal ....
69,018
8.281
19,077
1,493
34,o56
FbUadelplila
89,894
41,077
47,972

Same time '81. 125,168

,

demand

for moderate lots of plain and colored cottons, in which
seasonable makes participated, and agents continued to
make important deliveries of brown good.s, cotton flannels,
denims, ducks, grain bags, &c., on account of former orders.
The tone of the market is very firm, and some additional makes
of bleached goods, wide sheetings, denims and bags have been
slightly advanced by agents.
Print cloths were in good
all

demand at 3Jgc.

^

less
per cent for 64x64s, and 3?^c. for 56x609,
with considerable transactions at these figures. Prints were
fairly active, and a decline in standard ginghams to 8c. per
yard stimulated their distribution to some extent.

—

DoMBSTic Woolen Goods
The demand for woolen goods
has been spasmodic and irregular, but in some descriptions
there was a very fair movement. Men's-wear woolens were a
trifle more active, but selections were chiefly confined to relatively small pircels of cassimeres, suitings and overcoatings of
the better grades. Cloakings met with considerable attention,
and a pretty good business was done in sackings. Flannels
continued to move freely, scarlets and dre.ss ttiinnels having
been in noticeably good demand. Dress plaids and linseys
were also in fair request, and worsted and all-wool dress goods
were taken more freely by out-of-town buyers. Blankets, both
white and colored, met with considerable saloa at steady prices.

...

1

—

:

..

.
...

:

,

THE CHROJSIOLE.

Jlltt 29, 18S2.J

141

Receipts ot Ijeixlln:; Articles ol Domestic Frudnec.
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 fork for the week endinx
FoREioN Dry Goods have shown a little more animation, and with Tuesday last (oorreapoadlng with the week for exports),
buyers for some of the more remote markets have made fair also the receipts from Jan. 1, 1882, to that d*y, and fur the

and leadine makes are well sold up. Kentucky jeans ruled
qaiet, but Tow prices enabled agents to dispose of some large
Carpets were in moderate demand and
fots of hea^ y doeskins.
firm, and there was a freer moTement in hosiery, knit underwear and fancy knit woolens.

selections of goods adapted to the coming season. Cashmeres
in better request, and silks and millinery goods have received a fair share of attention. Linen goods were mostly
quiet, and laces were dealt in moderately ; bnt there was more
inquiry for hosiery and gloves. Men's-wear woolens were in
limited request, but mohair linings and Italian cloths met with
fair sales, and velvets and plushes wer:; more active.

were

Impart.ition8 of Dry Goods.
of dry goods at this port for the week
1882, and since January 1, and the same facts

The importations
ending July

27.

for the corresponding periods of 1881, are as follows:

i

Flax

§
8;
g:

si
S;

F*:

J

*

!

B

g

:

:

*"

aoi
co^

t7

M
<lCi

to

tt^t^'

o

COtv

ff. i-*

i

i

:

i

n

»—»—MI-'

K
m
g
_
5

CJltO

O)

ac-

g

:

S.

:

ODW^OIO
tOMO'tUK.

tOOOCOCD

:3

CO CD 00 to 00

coco

-4

*1«5

10

(b--l

a c-,-o
C whi
K)

^01|0i#».;JCC

^

totf-t-Cilo

to

l^>>^

*1

CO -J

to

too

CO

I-"-*

oto

lf>>

»o-co

to

0:

MtCIOtOCO

Ml-'

blVuDOf'^l

l(i>-

oxccoo
OMCOOi;-*

G

M M

o

0)

CD

00

QDW
c«o

CO 00 Qi

o u<

o

n

to
ro

5*5

5

Mr-h-tO

w

-10-.
-J.

C*-OOCio

Ut

CI

t":o

coicb'K-'b

-'I
<Xi

CO 00

P T

Cr.
cxi

|b>

&3
a.
*-

CO

UiOO

too
lOM

-^1

Clt-

*..

^

CO
CO

M

i;-'

ic K. c;
O©
01 -J

*1—

c:

rf^COCCOf-

rwro

•*-

^

CO ^11- CD
".-J

to

C0CJ>1-'©

—

-1

(DM

M

K

lF-»
croi
.-co

B
n
n
X
H

•-•cococot;>^

to

>b-

1
"

a

CO to CO to

CDC0OC»C3

<i-.o

OX
X

UO 'J>
to
-IX CD
to CD 10
iCo
Crt

X

y V
^
4a

j

l-s^

s

.o'=-

00

xeq g
K
•^&
xS
X3 n3
2

s

QCCB

l-l

0:CiOift-co

s

-.103

CO

^
a, CO o - o

o:h-*-^Oi

OnD^Ctt-

l>'

Cb
CO

(j*.t-)

C^i-J-JOiW

t-t

>;-

o

tc-

~)

vn>

*.

O^cntoto^
Ot

c <l

-laVcoVi

M^^*-*

tc-i

w»

coxx tc

t-X'IOtO

^<

-JO--lrf*.^

:r

s

M
M
X
X

63,824
1,035
1,234,888

:o

S'

«

Ma
DOS
to<5

)-*

— Oi cj

o: CO 1^ <i CO

to
-1

CI x-

COl-OOCOJ

lo

XOt(

1—

--1

CD tJt

!*•

U--

10

>
^

-1

WtO--J

?

Oata
Barley
Peas

'...bush.

bales.

bbU.

922

18,2.^8

....bags.
bags.

5,002

No.

1,709

346,120
156.998
74,208
33,969
36,156
1,.483,!I86

1.577.80.->

305,669

80.339
3,178
49,532

bush.
bush.

Grass seed
Hides
Hides

>

J[

t-

CD
to

rf^

05

I

MC;iCitoio

boles.
bales.

619
779

aides.
pigs.
niids.

93,429
17,518

14.570

Earthenw

.

31,54:

307,432

Glass

Glassware

2S,5'23

Glass plate.
Buttons

6,02

Coal, tons...
Cocoa, bags.
Coil'ee, hues.
Cotton, bales

Drugs, &o—
Bark, Peru.
Blea. powd,

8,18
10,901
J'i,452

l,653,4yi
3,18G

Coehlucal..

13.180
ia.774
2.369

Gambler

11,2

.

.

Gum, Arab.
iBdiKO

Madder, &o
Oil, OUve..

Opium

..

..

Boda, bi.ob.
Boda, sal...
Boda, ash..

Flax
Furs

Gumiy cloth
Hair

Hemp, bales
Hides,

Ac-

Bristles ..
Hides, dr'sd
liidia rubber
.

Ivory
Jewelry ,<tcJewelry ..

Watches
Unseed

.

.

Molasses
Metals, &o—
Cutlery
. .

Hitrdwnre

4,090
6,577

326
33,431
181
9,640
27,»22
43.934
4.5>2
8,063

305
2.P87
198,439

1,374
4,624
55,553
l,i82
1,914

767
177,010
83,531
4,117

393

20

Pitch

3,440
10,906

bbls.
bbls.
bbls.

Tar
:

3,229,.53G

447,510
503.025

27,497

.

Rosm

8,684,675
7.673,350

73

Molasses
Molasses
bbls.
Naval StoresTurpentine, crude . . .bbls.
Turpentine, spirits... bbls.

314
20

Oil cake

pkgs.

8,844

Oil, lard
Oil, whale

843
54,913
271,039
17,280
1,003

.IjWs.
galls.

303

281,002
6,812

Peanuts

DU«b.

1,645

45,610

Pork
Beef

Pkgs.
pkgs.
pkgs.
pkgs.
pkgs.

812

67,062
22,568
545.774
705,859
1,089.299
449,308
202,228
149,642
33,020
33.799
57,787
10,092
757
2.5^5

Provisions —

CutmeaCs...

Eggs
Lard

toe.

l.<ard

•

A

Sugar
Sugar
Tallow
Tobacco
Tobacco

bbls.
bbls.

1,207
20,669
40,555
144.085
9,636
5,545

kegs.

527

No.
pkgs.

'

2,211

;...pkg8.

153
130

bbls.

boxes

Whiskey
Wool

iss

,.. .slabs.

hhds.
pkgs.

60
997

hhds.

2,238
6,936
2.442
3,104

A oases.

j..;Lbl>ls.

bales.

22,431

68,059
56,567
122.265
78,303

1.138
45,015
159,10S>

14,472
2.457
372,792
5,073

78,440
77,.-03

21,780
644.296
831,.573

1,498.740
36:),632

322,215
168.819
35,419
37,688
80,648
13,400
8.110
15,438
32,116
77,273
52,254
139.092
69,7

1

a

Bxportsol lieadlas Articles of Domestic Produce.
The following table, ba.sed upon Custom House returns, showthe exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the Ist of January, 1882, to that day, and for the cor
responding period

in 1881

Articles.

f illowing table, compiled from Custom House returns
the foreign imports of leading articles at this port from
Jan. 1 to July 21, 1882, and for corresponding period in 1881:
[Tli9 quantity is give" to packages when not otherwise speclfled.]

1S82.

215

14,282.<i.'i3
899,69 s

tc

c

^1<~>

X.

c:t. CDOiCs

X—

—
x — x^co

tn
to*- —
u ;;iX —
OitO
o
to
O ic CO ^^ 1
o
u CO.!- i^O §

^-IC-tCCO

w' to CC -1 -1

Ac-

2,574.432
73.489

34,.i32

1881.

1882.

Metals, <&c—
Iron, pig
" KR.bars
27,72-z
254.644 Lead, pigs

10,997
24.6U2
4,25b
5,931

Spelter, lbs
Steel ....
Tin, boxes.

31,946 Tiusllj8.,lb8
40.205 Paper Stock
1,504,322 Sugar, bhds,
7,264 tea., (&bbla.
Sugar, boxes
14,173 and bags.

Tea
2,338 Tobacco

134,716
217,987
22,»93
1,284.476
558,833
843,5.9
8,968.988
92,248

435,874

431,873

2,091,692

1,903,672

477,550
40,175

ll.,'i08

.

30,660 Wines, <fco.—
4,136 Champ'me
3,443
baskets
37M Wines
30,262 Wool, bales.
465 Reported by
3,853 value.
29,822 Cigars
43.392 Fancy goods
2,918 Fish
5,933 Fruits, Ac1,286 Lemons ..
2,991 Oranges
177,798 Nuts
.

. .

1881.

163,947
74,310
17,333
11,367,318
],178,6«7
1,267,196
9,823,418
133,307

572.117
30,790

Flour, wheat
Flour, rye

bbls.

bWs.

197

bbls.

2.925
1,324,5-1
32,363
3,761

bush.

Oats
Barley
Peas

bush.
bush.

1,172,984

854,204
319,365

130,734
145,875
26,748
912,698
730,051
271,615

l)ush,

Hay
Hops
Naval Stores—

87,9fi3

20

1.831.731
l.HOl
60,502
12.837.U76

933.473
79,922
6,550

bush

10,359

256.4'58

bush.
pkgs.

45,340

tons.
bales.
.pkgs.
bales.
bales.

2,433
6,215
3,327
2,248

6.316.654
26,355
36,708
384.462
86,072
36,364
12,905

Com

Candles
Coal
Cotton
Domestics

1.

31
8.455

lbs,

Wheat
Rye

Since Jan.
1882.

526

bbls.
bbls.

Corn meal

Spirits turpentine

1,064,076
547,193
1,559,565 1,210,335
821.644
619,808
Raisins
1,064.952
455,740
1,422 Hides, undr. 10,699,877 11,019,511
3,955 Rice
539,247
107,538
41.892 Spices, Ac.1,940 Cassia
96,454
19,982
Ginger ....
25,091
46.2.'i3
901 Pepper.. ..
181,219
127.270
607 Siiltpctre ...
207,535
207,118
156,002 Woods
61,166 Cork
622,758
435,551
Fustic
81,8.-)]
89,920
3,910 IiOgwood ..
374,094
871,330
638 Malioffany
217. «Aa
248 241
.

. .

Ashes, pots
Ashes, pearls
Becswiix
Brcadstuffs—

Ci-ude turpentine

118,200
156,633
40,290

:

Week ending
July 23.

The

China

2,077
4S,074

at

2;

hows

China,

UiMl year.

3.498
25,332

171,114
189,879
66,900
7,600
6,042

Rice
Spelter
Btcarine

>8

game time

..bush.

Cheese...

to*

I

^...bi-ah.

Butter...

5 ^?
0-

Jan.

1882.

Com

Hogs, dressed

IC
^ll-t

O-.'-

CO
w^a:

9^

31

X

ICM

—

H

>

:jc

M

K

a o o> CO OJ

to

(**

g

^

o: CI CO CD

OlCDl0^-*tO
to

X
a tz -1 to
OCC&'OX^

c
ImportM or Lea<Uus

toot-ioto

C0C">-0SOi

-1
to

T

tOCCMOSOD

.s

%

0*-OJMOJ

to

•fc-COtCCOOL;

os.n

CCClrf^^-M

o
o r o 10 -J
Ui

COOOii^Oi

MtOCOfcOCO

CO

to

M

OI3
uto

01
to

)t>.

Ci-1

OCO

«w

>fi.#-CtC5 01
Ui Oi tC CC CD

ts

!(>'

^
2
C-OfN-fcO**

-.1

wiacciorf^

Oi<Jtwrfa.iU

a
a

rfh.

<y» CJi

f*<jl

coip.

(fk

b

CO

O-l
K> C'
COT

)^

•J3

CtoSoiO

CM

ti

....bbls,
bbls,
.,...bush.

Si)iee

3,168,947
117.579
24,235.613
550.051
24,968.433
8,117,309
2,836,558
174,929
510,434
15.731
419,982
52,965
61.149
24,620
41.608

Wheat
Rye

Hops

MtOOt^Cn

-1
-J

&

"i^tooOCi

tOO)

*4
*l
^I
Of

aw

MOS't^CDM
Q0COl*^OD*.

*^-4©-lCT

fX.

— K-coy^

a<-

:j«

Oi

to ;c

M

:

4-

(fc.0t01CCl

f'K;

g

rf>.oo:o»cD

H-

i

:

:?

W

COWCCCOQD

0*9

i

:

to

Ostn

«w
bco

to
«.
CO
CO

o

o
s 2
«

to

;

:

g

Si

B
n

cooocooic

low

;

•^os

Cf)

o

>.

1- c. o> CO as

»-

1

>•

to

pe

to

;

h-'Mi-'t-'

CB

^ a
to
w

CbCOMiOCO

Otf»-

CO

108
747

Lead

^
to
»0

bbls.
...;I>bU.

Flaxseed

;
1

Ashes
Beans
Bruadstuffs—
Flour, wheat
Com meal

Leather

ta lO

O

i^Otooco

KtC

Manufaotui

:

Week eruling
July 2S.

Cotton
Cotton seed oU

Wool.. Manufao

r:

!

r-K-OO-JCO

OCn
f<

Cotton

g;
»:

in 1881

8ilk....

Hlacellai]

Uiscellaneo

g;

1

p-Oi'-'W**»o »o

o
g:

Wool
Cotton...

I

o

^1
K1

It

Flax..

811k

corresponding period

—

530

40

245

last year.

1,04»
154
46,429
2,836 427

225
122! 636.
23,730, 513
699, 165
130 .603
15 147
169, 875
19,142, 403
37, 304
33, 820

310,,001

81 932
SI 544
18. 476

762

13,382

6
5.36»
103,929

bbls.

Ijbls.
-.bbls.

Same time

6,470

184,.331

Tar

bblB.

277

Pitch

bbU.

Oilcake
Oils-

owt.

198
25,340

8.770
4,274
1,294,874

2.833
1,527.18a

Whale
Sperm
Lard

galB.
gals.
gala.
gals.
gals.

4,752
1.303
11,650,395

80,342
134,731
195.737
26.372
222,944,672

151,031
107,403
237,774
21,580
175,934,875

104,182
23,250
25,840
155.006,466
3,938.182
49,023.594
99,6S0,714
10.039
14,773,106
47,953
28.1C1
3,609,937
159,433

122,92S
23,088
31,113
254,279,936

Rosin

Linseed
Petroleum
Provisions-

610

bbls.
hbis.
tierces.

1,889

lbs.
lbs.
lbs.
lbs.

3,544,698
123,169
4,410,419
2,200,805

bbls.
Rice
lb*.
Tallow
hhds.
Tobacco, leaf
bales and cases.
Tobacco
Tob»c'co,maQUfactured. lbs.

664
142,166
3,773
1,020
131,632

Pork
Beef
Beef
Cutmeats
Butter
Cheese

Lard

Whalebone

lbs.

740
262

4,553

7,05ft

11,465,394
74,575,343
135,648.234
14,754
31,966.058
42,627
28.000
3,531.959
70,895

:

.

THE (JHRONICLE.

142

&

Francis

-Miller,

Commercial Cards.

luiurance.

Financial.

Co.,

OFFICE OP THE

Dan Talmage's Sons & Co

BANKERS AND BROKEES,

NEW

STREET,

•48 WAlili

'CBAS.A. UII.LER. jAS.FnANCI3.

ATLANTIC

VORHL.

miLLERS, FACTORS,

BDWINJ.HANKS

Mead &

F.

I.

AND COMMISSION MERCHANTS IN

Mutual Insurance Co.,

Co.,

RICE,

STOCK BROKERS.

EXCHANC« COURT, NEW KORK

.a
BnuichOfflcB

Willi

Broiidway und Twenty-Fourth Street,
sell on commission for Investment or on
•m«rgln, all securities dealt In at the New York Stocli

Buy and

KxcnanKe.

H.

R. LEAR.

I.

Member

„

™

«

^T. H. CUBIIS
N. V. Stock Kich.

MEAD,

F.

W. W.

Farmer,

MONROF, L.OVISIANA.
and Attorney.

Solicitor

•Couusplor,

Praotloes in the District Circuit and Supreme
•Courts of the United States and of tlie State, in
all classes of cases. Has no other business, and de"vote* his personal attention ind all his time excluVict!!/ to his profession. Hefers to Bank of Monroe.
'

D. Probst & Co.,
STOCK AND BOND BROKERS,
J.

No. 52

Stocks, RAiuioAn Boxd.s, Goternmksts

'MlBCBLLANtOrSSECCHITlKS

AND

EXPLANATORY BOOK,

Just

published, gratl»

<and post free upon application.

OPKBATORS
TIES
are
I-*

IN STOCK

The Trustees, in conformity to tlie Charter of
tlie Company, submit the following Statement

EXCHANGE SECURI-

should test this sy.stem, by which large profits
and the possibility of losses reduced to

realized,

Total Marine Premiums

OPINIOXS or THX PRESS.
Civil Service Gazette— The system recommended
Messrs,
OutteridKe
^y
j» Co., is ea.sy to comprehend
-and safe." JohnUu//— "An easy and apparently safe

—

system, worthy of public confidence." Cmirt Journal
"**An excellent way of speculating, ably set forth."
This system com-Civtiian— "An .'iiteresting book.
-mends Itself at being a very safe one." Newa of tht
JToi W—" This book Is well worth reading. One can(vot do better than retain their services."

*WORN

BROKERS, No. 7 DRAPERS GARDENS
Iiondon E. C. England.
liisuriiiice.

off from 1st
January, 1881, toSlst December, 1881
$4,110,176 72

Losses paid during- the same

penoa

OllitCTOHS' OFFICE

.

A

-

-

N E
PORTLAND, MAINE.

I

.

The Company has the following
United States and State of New
York Stock, City, Bank and

Premium Notes and

JOHN E.
HKNRV

D.

in

NICHOLAS

IJeWlTT, President.

Vlre-Presldeiit.
Secretary.

1>K liROOT, Ass t Seo'y.
A.l>. M1I.T,)N. Aotnary.
V. FOSTER, Medical Director.

THOMAS

Amount

•

IHSUBfflCE COMPAfff
_^^ OF NEW YORK.

,^r.S.WmSTON, PRESIDENT.
OE

./$Sl/£S EVERr. DESCRIPTION

IHKINDENDOWMFNTmiCIES

ON TERMS ASFAVOHABLE AS THOSE
GFANYOTHMRCOMPANr

SIX

PER CENT INTEREST on the outstand-

oertlticates of profits will

full supply, all

Bliss,

The certificates to be produced
payment and canceled.

at

is

declared on the net earned premiums of the
Company, for the year ending 31 8t December,
1831, for which certificates will be issued on
ind after Tuesday, the Second of May next.

J.

&

Fabyan

New York,

SELLING AGENTS FOR LEADING BRANDS

PRINTS, DENIMS, TICKS, DUCKS, Ac.
White Goods and Hosierr,

Ton-cl«, Qnilts,

Drilta. Sheetings.

<tc.,

for Export Tradt.

&

Joy, Lincoln

Motley,

SUCCES.SORS TO
43

K. K. inVDGi:,
A 45 WHrrE Stheet,
NEW YORK,

SATTTER &
18

CO.,
Chaunckt Btbset,
BOSTON,

AOENTS FOR

Orcan mils Co., Atlantic Cotton Iflllls,
Pcabody ITIill.-i. Cblcopcc ITIli;. Co.,

New Mills, ^Vliitu Mlg. Co.,
Saratoga Victory Bllfe. Co.,
Hosiery and ifarn mills.

Ellerton

Columbia

Bicycles.

Thousands

In daily use by doctors,
lawyers, ministers, edttora, merchants, &c., &c. Send 3-cent stamp
for elegantly illustrated 30-page
Ciitalogue to

the Board,

The Pope
642 Washington

New York
214 E. 84Tn.ST,.

TRUSTEES!
D. Jones,
Charles Dennis,
W. H, H. Moore,
Lewis Curtis,
Charles H. Russell,

James Low,

Charles

David Lane,
Gordon W. Bumham,
A. A. Raven,

George W. Lane,
Edwin D. Morgan,
Robert L, Stuart,

Wm.

James G. De Forest,
Samuel Willetts,

Sturgis,

Josiah O. Low
William E. Dodge,
Royal Phelps,
Thomas F. ToangB,
0. A. Hand,
John D. Hewlett,

WlUlam H. Webb,
Charles P, Burdett,
J.

D.

JONES,

THE

Corlies,

John EUiott,
Adolph Lemoyne,
Bobt. B. Mintum,
II.

BOSTON, Maaa

Riding School.

Nbar Third Avb

IN

CIIAlMPI03i

RECORD

ALL GREAT

FIRES.

Marshal),

Charles D. Leverich,
William Bryce,
William H. Fogg,
Thomas B. Codding ton
Horace K. Thurbot,
William Degroot,
IJenry Collins,

JohnL. Riker.
President.

CHARLES DENNIS,

Vice-President.

W. H. H. MOORE, 2d Vloe-Presldsr
A. A.

Mfg. Co.,

St.,

Herring's Safes.

Horace Gray,

Edmund W.

SIIIKTINGS

AND SHEETINGS,

H. CHAPIUAN, Secreturr.

J.

Co.,

Boston, Philadelphia,

BROWN AND BLEACHED

of

the issue of 1877 will be redeemed and paid to
the holders theroof, or their legal representatives, on and after Tuesday, the Seventh of February next, from which date all interest thereon

Widths and Colors, always in stock.
Duane Street.

No. 109

be paid to the holders

thereof, or their legal representatives, on and
after Tuesday, the Seventh of February next.

,

ORGANIZED APRILMT" 1 842
•aSHASSnS OYER$82.000.000

Also, Agents

$13,165,466 40

Benjamin H. Field,

lUTUAlIIFi

kinds of

BAGS, 'AWNING STRIPES."

A

1,631,294 23
347,765 99

Bank

By order of

SMITIL

all

UNITED STATES BUNTING COMPANY.

Paid Death Losses, since Organization,

DA.NIEL SHARP,

And

Assets, viz.:

Re-

Bills

ceivable

ORGANIZED 1849.
.-...-.

Dlvldet.ds,

in

CANVAS, FELTING DUCK, CAR
COVKRINQ, BAGGING, RAVENS DUCK, SAIL
TWINES, Ac, " ONTARIO " SKAMLES8

other Stocks
$8,965,758 00
Loans secured by Stocks and
1,729,500 00
otherwise
Real Estate and Claims due the
491,148 18
Company, estimated at

Assets
$7,O78,7a0 78
•Surplus (V. V. Standard)
548,497 27
Deutb Losses Paid - - 5.545,224 63
DlTldeuds Paid - •
3,866 361 83
J.1 5,775
Policies In force. Insuring
$28,915,136.

FOUR MILLION DOLLARS,
And for
THREE AND ONEHALF MILLIONS.

Co.,

COTTON SAILDUCK

$924,227 02

A DIVIDEND OF FORTY PER CENT

.^lutual Life Insurance Co.
I>1

&

Manufacturers and Dealers

COTTON

the time of

UNION

Turner

Brinckerhoff,

$1,775,882 80

will cease.

OF

41

$5,627,021 57

THE OUTSTANDING CERTIFICATES

CO.,

Sirret, N'ew Yorlf,

i& 14 East Itay, Charleston,

Premiums marked

*'

G17TTERIDGE &

12

IDS Bay Street, .Savannali,
Si 43 North Peters St., N. Orleans.

on tho 3l8t December, 1881
Premiums on Marine Rislis from
1st January, 1881, to Slst Seoember. 1881
$4,039,487 10
Premiums on Policies notmarked
off let January, 1881
1,587,534 47

of its affairs

Cash

minimum.

'\r,

10,

and

fOLD.

SPECULATION AND INVESTMENT
IN STOCKS AND SHARES
WITH A iniNIITIITlTI BISK.
•

96 Wall

January 25, 1882.

Koturns of Premlmns and Expenses

EXCUANOE PLACE, NEW YORK.
BOIFQIIT

NEW YORK,

House

PrlTato Wire at Hoffman

XXXV.

[Vol.

BATEN, 34

Ytoe-PrealdeK*.

t

HERR-inVG^
251

&

& 262 Broadway, New

CO.
York.

f

;

THE CHRONiCJLE.

JOJ.T 99. 1881.1

Comni«i*H lU Card*.
S8TABUoUlU> IMM.

Cotton.
HUtUT H. Wakk.

Sears & Cole,
STATIOlfKRS

AMO PRINTHB8.

StMk Broken and CorpooatlU at AMuunt Book* will

Supplr Bank!, Baniitn,
ratlona witb complste
Stationery.

tr New

&

Ware

Cotton.

OnjuAV aoajutBaSB

111 Pearl Street,

conoero" nrmnliins wlU hare their or-

WILLIAn STREET.

1

New York.

BTEBT BANKER AND XERCHANT

(

[aatruotiou

S.

&

(Mtl

CO.,

COMMISSION MERCHANTS,
17 Water Street, LIVERPOOL,
Receive consIgnmeDts of Cotton and other i'rodaoe
and execute orders at the Kxchanges in Liverpool,
Bepreaented in New York at the omce of

BROAnWAT. NFW VORK

BABCOCK BKUTHKliS *
80 WaIX 8TB««T.

^I<-HIIImIiI|>«.

Only Direct Line to France.

GENERAL TRANSATLANTIC CO.
YORK and HAVRE,

A. B.

CU.,

BT.(>KUM.\IN, Berry
8T.

HINBT H. BTANS.

Wed.,Aui;.8.T A. H.
Wed., AuK.e, 2 P. M.
Wed., Auk. 16, 7 A. M.
Price OF Pashaob— (Including wine): To Hav reFirst cubin, flOU and JbO; second cabin, $80; steer'
aj[e, St^— Including wine, bedding and utensils.
H&tum tickets at very reduced rates. Checks drawn on
Credit Lyonnals of i^arls In amounts to suit.

AMKKIOL K. Santelft
LAUHKNT, Servan

FOR

niARSEII.I.E^,

TODCHINO AT Cadiz, Uibkaltak A Barcelona.
The following steamers will leave New York direct
for Cadiz, Gibraltar, Barcelona
freight and passengera

and MaraciUes, taking

PK^RDIE

Katkh op PASSAOB-Ii'or

About August

Member N.

Cadli and Gibraltar—

Ko. e Bowline Creea.

Cotton.
BYUANB * DAMCY,

Wisdom,
COTTON

COMMISSION MERCHANTS,

Co.,

&

*

Co.,

NKW YORK

Speelal attention given to til* Purchase and 8aJe
ef Contraota for future dellTerr of Cotton,

(Buooesaora to R. M,

Nee. 31

&

33 Bread

&

&

Foulke,

conmissioN rierchaivts,
131 PEARL STREET,
Special attention given to the ezeentlon of order?
for the parchaae or sale of Contnwta for Fatort
delivery.

Geo.H.McFadden & Bro
AND COUHIS8ION HERCHAHTB
ISl Cbeatnat

St.,

PhlUdelphla.

Co.,

tnij>i]ca.

OMTOOMKKT. AUU Moaau Bakk BciLDna.
OMms tar Futuia Contraota Bieeated ta Mew Tock
aaa liTamst

&

F.

J.

H*. 110 Pearl Street, New York.
FuTOBi OeKvaAon A BraciAirr.
.

Wm.

and

JOHN

BPUmXHS

COTTOB TO

and XXFUBTRB8
CoBaaaromiaafla Souoms.
Satereoeea :-Rallaaal BMkk of Aoguata, »eorg).,.
aorr Heals * C*„ CoeHataooD HerehaaU Haw
Tark; WUttam B.I>aaaa Co, Proprteutn Coaan
oal aks rtsuKaAi. CBBoawi.a, aad otbcr Bee

Teik Xeuck.

Conoif roB Futvbb Obutbbt.

York.

URAVIEH

ST.

New Orleans,

La.

ISHI

BrBOUL ATTEMTIOH OITBII TO THB KXBCDTtOa
OF OBDSBS FOB FCTUBB CONTRACTS.

&

Tainter,
Waldron
GENERAL COTTON HERCHANTS,
97 PEARI- OTREET,

H. CLISBY

*

WOBKB AT ORIBMT,

L. 1m BBd

BIOBMOIIU, VA.

The Atlantic

^EW YORK,

"Pnture " orders executed at N.

Y. C.ition

Kxeh*g«

Geo. Copeland

&

Co.,

OOTTOa BROKERB.
136

PEARL SYRERT. NEW YORK.
F.

••

Hoffmann,

COTTON BROKER AND AQENT,
RUE DE LA BOVRNE, HAVRB.

James F. Wenman & Co.,
COTTON EROKKBS,
No. 140 Pearl Street, near Wall, N. C»
Katabliahed (in Tontine Building) 1S40,

William H. Beede

&

Co.

COTTON BROKERS.
PBABL STREET.

No. 114

WALTER & KROHN,
CS

RBATER RXREET. NE^Y YORK.

&

Rogers

Pendleton,

COMMISSIOtf MXRCnANTB.

CO.,

PcaosAsi OMLT ON obdbbs, roB A ComneaiOB

'VBBBA"

HO. ST

PEARL STREET, NSW YORK.

Advaeoea made on eoualcnmente «t Oettoo. Orals
aad otber Produce.
Buy and aell eoatracta for tatare BeUvary at
Oraln aad Provialona.

H. Tileston

&

Co.,

COTTON, STOtJKS, BONDS, tf,
to WILUAM BTBKKT, HBW TOBE.
Virginia
'UBIZBT.

&

Ofders la " ratarea" ezecated at N.Y.OoMon ssak

Fertilizing Co.

COTTON BROKE K,

for

New

ST.

Co.;,

COTTON BROIiERg,

OOTTOW BDTEBfl,
nONTGOMEBY, ALA.

Felix Alexander,

Satire attentlea gtvea •• rarelwM of

PEARL

133

Crumbie,

Hember of Cotton Bzchanae,

OFFBR THBIR BTANUABD BKANDB

ACreVSTA, SBOKOIA
WtOBB

aeltlag of

Co.,

OOTTOR BKOKKK8,

I

Mohr, Hanemann &

COTTON FAerORS

WATXR8 h CO.),

Geo. Brennecke

Wi(.110BB. H.W.HABBMA«ir. Cl.aiM8gFucaaB

MEW TOKK.

COTTON COMIIISSION KERCHANTS, IMPewlSt., COTTON, New ToA.
N*. It WtUIana Blract, New Tark.
Special attention given to order* for the bovtag
BBUCA, ALA., Paamx

NEW YOKK.

Special atteatlon givea to the pnroluue and aale ot
ruttire Contracu .

Street,

NKW YORK.

18 BzcbauEe Plaee,

John C. Graham

Brothers,

Bennet

OOMHISSION MERCHANTS
Noa. 16

Cotton Commission Merettanta,

sale

COTTON
POST BDILDINO,

JOBM U. X«rB«.

JB.

COTTON BROKERS,

COTTON CX>MUI8eiON M£RCHAMTB,
97 Pearl St., New Yark.
and

LA.

Special attention paid to the execution of orders
for the purchase or sate of contracts for fntur
delivery of cotton in this market. Mew York an
Liverpool.

Ewen

Moarsuc. ta.

P. Billups

&

Gardes

Wabbxn KWBM,

Sveola] attention given to ibe yurcbaae
of contracts for future deilTery.

Beebe,

NEW ORLEANS,

LOUIS DB BBBIAN, Asent,

Hyman &

Robert Tannahill& Co.,

DellTerr.

tantlnople.
N. B.-No freight taken for Gibraltar.

J.

&

Noa. 43 A 44 NBIV STREET.
SPECIAL ATTBNTION TO
Parekaae and Sale ot ConlraoM tor Facare

;

Dancy,

r. Cotton Bxotaange.

Evans

York.

Futmes rronviij

1

First cabin, »7.'5 and H(0 for Barcelona and Marseilles
Mrst cabin. »80 and »100. Hteerage. »32.
Through bUU of tiiilinK iMue^t to Alediterranean
Porta, including Barcelona, Algeria, Tunis, Uen<ia,
Leghorn, Naples, Messina ; alio, for Trieste and Con-

—

FRANCU BIBBI

CHAS.

New

Oelten Exchaace BaUdlnc,

New Yark.

Mo. 133 Pearl Street,

117 Pearl Street,

Orders for Spot Cotton and
executed.

Bloss,

Special attention given to the exeeatton ef orders
for future delivery contracts,

In aflmull boat.

Co.,

COTTON BBOKEBS,

BLOM.

I. O;

COTTON MERCHANTS,

From

Pier (new) 4a North River, foot of Morton St.
Tnivetf rs by this line avoid both transit by KnKllsh
Ball way and the dlscomforta of oroealOK the Chaunel

aWATHMBT,

Gwathmey &

Between NEIV

&

Dennis Perkins

B.F.BABCOCK&CO.

Outfit,

&

B. T. ANTHO^iY

Jemison. Oroee k Co., Galreitoii, TexBB.

Urerr of cotton. Liberal adranoe* made on coo•tgnmenta.

trifling, f rou

Book Free), expenae

COTTON COMMISSION MERCHANTS,
No. 10 01« Slip, New York.

Bpeelal attention paid to the ezeentlon of orderv
for the pnrchate or sale of contracts for future de-

(IIANOTEK MQVARB.)

SHOULD BUY AM
Amateur Plioto^aphic

Jemison & Co.,
BANKBBa

S.

COTTON COMMISSION MERCHANTS

4ei« promptly exaeuted.

No.

E.

Schroeder,

AmiOBIATBD BOMB 8lIPBBIIiI0«rBATB OW lAO

AMD

**

ORIENT COMPLETE MANURE,*'

And want a good working agent

In every tkrtvlci

cotton, tobacco, grain and truck growiag eooaty
Apily (with reference) to

W.

e. CRENSHAW, Prea>t,
CBK>(BAW Wabbbovob.

THE ISROWN
Cotton Gin Company,
NBW

LONDON, CONN.,

laAinirAcnmxBa or ^am ceiiBBaaTBu

BrowH Cotton

Giss, eia F«e4orB
Condensers.

eomoK ana ros aaeta.

««

y

m

THE CHKONICLR
Cotton.

Cotton.

&

Woodward

Stillman,

A

INMAN,SWANN&Co W.

LOANS MADB ON ACCEPTABLE
OaihAdfonea

.i

SBCT7KITIE8.

'••* rhiTpli Hiree«, N. T.
Branch Omnuil
oiUACH
UFFICKH j.^g
t hiipel St.. New llavea

New

Perfonal altentlon (riven at the EXrOANGES to
the purehHeeHndBaleof HiOCKSand BONDS for
cash or on m -ri/tn.
J>i-:i'(»-lTa HKK'BlVBD-^Riiblsct to cheek at sight

York.

—with

interest npon ba'anccB.
Special attention paid to 1NVBBTMKNT8

LOANS MADE ON

SOFTHERX

PARKER,

&

OLD

WATER

SLIP, Cor.

Sy

Special attention i^ven to the execution of
orders for the purchase and sale of Cotton for future
delivery. Liberal advances made on consignments.

YOBK.

Conalcnmenta of Cotton, Naval Stores
and otber Prodace Solicited.

Cumming &

Baily,
COTTON FACTORS
BXECDTES ORDERS FOR THE PURCHASE AND COMMISSION MERCHANTS,
No. 89 Pearl Street, New York.
AND SALE OF FUTURE CONTRACTS IN THE
Special attention idven U> the purchase and sale of
oontructs fur future delivery on the Cotton and Prod'
uce Exchaniies.

(OTTON AND PRODUCE EXCHANGES.

Henry Hentz
GENERAL

&

Co.,

Wu. Uenuy Woods

Woods

con.nissioN kierchants,
8

Sootb WUlIam

St.,

New York.
16

PINLAY &

LIVERPOOL, LONDON AND OLA8UOW.
tc

CO.,

&

STOCKS A\D

BOX
r.

JOBH

NEW

POST BDILOINO.

Hopkins, Dwight

6c

Co.,

:Henry M. Taber,
tSTKEKT,

NEW YOUK.

AdmaeM madron fo-^nUnmenta of

triicts for Futare Unlivery
I old on commtiHiOTT.

Cotton. Con-

uf cotton booKbt and

Lkhmav, Abraham & Co^
2^ew Orleunm

Uu

Leh.maw dukk & Co

*

iliujiticomory. Ala.

LEHMAN

&

T OR

BAGGING.

Mercantile

Ins.-

Co

OF
\\l* i-:OI\-B('R«^]I.

NEW

.H.mageiu^'m,

of

ro/.'Jf

;

FABUKI,

V.

Esq. (itrcxd.

aoN. 8. B. OHITTENDBN.
.-ZRA WHITB, Ksq.
I. J.

ASTOU,

Morgan

S'-'l^.'

•

Keq.

CHAS. E. WHITE, SA.\I^. Ul.AfiUr.N,

Mannfactorers' Agents for the sale of Ju«e Ba».
BlnK. Kumish covering annually for one-bflh of the
Correspondence from lame
entire (Xilton Oop.
dealers solicited,

MANAURl^S.
Office

54 U'llUam

St.,

New' YorlL.

Wire Rope.
(SIABCOAL

lari^e

U mon

stock coostantly oo

..irM/1

itiiiKtbs-

IfLATSl'KEL

HOPES

poses

JOHN '48

tor

are

I»IASO\

'Broadwar.

4;

cui-

AND IRON

L

PEU.,

.....

Mining pur-

m tiiulactured

dar.

I its:

ALFRED

nand trotn which any de-

*io'|K..r-_'r-...:.r.,..,.

^rdera executed at the Ckitton Exchanges In Neif
Toi^-and Liverpool and advances 'made- on^ Cotton
and other produce consumed 't^ as, or to our corre
pondents in Liverpool, Messrs. B. Newsasa k Co
and MeMTK L KoseafeicliB A Snas

British

United Stales Hoard

li.

ST. LOUIS, Mo.

'.

"•»

NET SURPLUS........ ...$3,ia7,42a 90
3 Cortlandt St., .Mciv Vork.

SOLON mJMPIiRBYd,Oh'i'u,(K.D.i'.OP,?ai*Ctt
DAVID DOWS, Ew]. (David Dow»&Co.>

WARREN, JONES A GRATZ,

ConnissiON kierchants,

U«V-.J.f:.-.

1,774,849 74
4,000,000 00

!Vu.

LOXDOX

"^
" No. 40 EXCHANOB PLACE,
a^Jtowa OMicahJ(os.W-A 41 WaIiK>ii.8tbeet,

F-vrC

;

for

TIES,

Inclined Planes, Transmission of Power. Ac Also,
i;atvani/ed Cnarcoal and
iltl for ships' KliiKinK. Sus.
>ensiun UridKes, Ueniok
iuys, Kerry Hopes. Ac. A

V T ON

BRO'S,

$8,902,272 04

unpaid losses
and r»-lnsurance fund

&

YOBK.

8

'

OF BARTFORO.
Assets January 1,1682

North

Aients for thefollowInK brands of Jute Bacstnn
Eiwie .MIll8.""Brooklyn (:lty,""Georirta,""Carolinu."
Novlns o." "Unl<in .Star." "Salem," "Horioon Mllhi,';
"Jersey Mills" and "Dover Mills."
l.MPORTEKS OF IRON TIES.

AND
.„

Insurance Co m p a n

Wheeler,

S^tTELAND
IKON of superior quality
suitable for MINING ANu
HOISTING PURPOSES

6-0

^TNA
Capital

(FOR BALING COTTON.)

-i-tr~

Frenldent.
Secretary.

JAS. A. AI.K3I:AND£U, Aiient.

NEW

OBDEBS »0B FCTCRE CONTRACrS EXECUTED IN
New York axi) Litkhtooi.

PEARL

fe.838,719 VI

OHAS. J. nAKTIN,
J. H. WASHKUKN,

Liabilities

Vork.

COMMISSION MERCHANTS, B AGOING AND IRON

H*. 141

BARRSTT

119 IQAIDEN LANE,

NEW YORK.

M

Miscellaneoiii.

Dullard

PBARI. STREET,

|iee.aiS

Ueuoo

1.3fl3.737 44
(worth »S,186,S00)
United States HtockM (murKet value).... 3,UU^,7Q0 00
Bank& KK. 9tock«&bd>. (market value) Wil 3S0 00
128,500 00
^tatti and tuiinicipal b'ds (tnarket value)
Loans on stocks, payable on flflrnMnd
(market valueufcoliHter'Is. tl,MB.S12 1.00T.4SO 00
Ist.
l»«-a
80.1174 91
on
Inly,
Interest due
H*.!.14'J S8
Premiums uncoll'ct'd X in h'nds of af[tB.
36.4W 4»
Heal estAte

YOBK..

R.

Special attention fciven to orders for the porchavfsDd sale of (^ntracts for Future Uelivery of Cottua.

YORK.

FIRB INSUKAVTK:

t>elntr tlriit

real estate

LIBERAL ADVANCES MADE.

COTTON

,

tion of Pollcy-Uoldera of
In Banks
Bouda and mortKaties.

Cash

Total

PEVUL STREET,
Kew

Exchnnir Place,

$6,838,719 07

SOiniVARV OF ASSETS
Held in the United States, available for the PATMKNT of I.088K8 by FIRK and for the protec-

Receive Consignments of Cotton and other produce
l!i

209,450 97
1,661,572 10

Cash Assets

nO.\DS.

NEW

234S.

BoTioRST,

No. 136

MEliCHANT-

OtTITAVTmC. HOPKIUg. LrCHTS HOPKIXS SMITH.
Cbaulkh D. Miixeu.
Auos T. DwiuHT, Special.

No. 134

Reserve for Unpaid Losses
Net Surplus

.

C. F. Holiorst & Co.,
fOTTO^
COMMISSION MERCHANT:^

FACTORS

COMMISSION
1»

P. O.

oaAS.

& Gwynn,

CftiroN

Murphy,

Exchange Place.

18

Seml-annnal Statement
SHOWmO THE
COWDITIONOFTnB COMPANY ON TBBFIB8T
DAY OF JUI.y, 1888.
CASH CAPITAL
$3,000,000 00
Reserve for Uueamed Premltims 1,967,087 00

ORDERS IS FUTURE CONTRACTS
XXECUTED I!f SBftT YORK AND UYBRPOOL

CALCUTTA AND BOMBAY.
CONTRACTS FOR FUTURE DKLIVKRY COT.
TON bouKht and sold on cotjmission in New York
and Llverp<x>l: also at New Urieaus throuffb Meura.
Samuel II. Buck A Co.

Fielding

&

COTTO.V,

Also execute orders for Merchandise tbroQRh

FINLAV, IflVIH

&

Mdbpht

O.

(Post Bi'iltino.)

.^dvanoee made on Conslnnments to
niesitrit. JAiTIES
CO.,

ffleMra.

6.

BROADWAY,

OFFICE, 119
Flltr-I Ifchtb

ST., N. Y.

NORFOLK, VA.

PEABI. STREET,

Company

OF NKW YORK,

COTTON COMMISSION MERCHANTS
12

NEW

HOME
Insurance

Co.,

aad

COUNTKV BANKKK8,

aocuunlaof

j«ECI;RIT1ES.

Rountree

GonnissioN merchant.
No. 140

Sons,

COTTON EXCHANGE BUILDINO,

itatU on OonMignrntnlt.

40TTON, ALL GRADBS, SUITABLE TO WANTS
OF BPiNNERS,
OWmXD ON TXBHS TO SUIT.

H.

&

T. Hatch

COTTON MERCHANTS,

fraCIAL ATTB!irnOy to OROEBS fob COJfTBACXS
FOB FUTtTBl DiLlTSnV OF COTTOX.

J.

Betiry P. Batch.

Arthur U. Halth.

BANKBRS,
14 NASSAU STREET, NEW TOBK.

18 Exchange Plaoe

NKW YORK.

89, 1880^

iMi»ceiiaucuii».
Walter T. Baleh.
NuUi'l W. X. Uatth.

MERCHANTS,
Poit Bnlldlngr, IG

lint

to or>

CO.

New

'Vork,

Sr

&

89 Wall Street