The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
AND’
HUNT’S
MERCHANTS’
^
MAGAZINE,
ftIJ) p t W fi \) a \) t X,
representing the industrial and commercial interests of the united states.
[Entered, according to act of Congress, in the year 1881, hy Wm. B. Dana & Co., in the office of the Librarian of Congreas, Washington, D. C.1
VOL. 33.
SATURDAY, JULY 30, 1881.
CONTENTS.
THE
Tlie Financial Situation
Three Years’ Exports of
Bread-
112
stuffs
Novel Points as to Forgery.... 113
Canadian Commerce
114
grows, and the present
whether stock values, influenced
The Census
Insurance
Monetary
Returns of Life
115
and
English News
Commercial
116
Commercial and Miscellaneous
News
117
t
THE
BANKERS
Money Market, Foreign Ex¬
change, U.S. Securities, State
and
Railroad
Bonds
Stocks
Quotations of Stocks and Bonds 120
118
Range in Prices at the N. Y.
Stock Exchange
119
THE
GAZETTE.
New York Local Securities
and
121
Railroad Earnings and Bank
Returns
122
Investments, and State, City
and
Corporation Finances... 123
COMMERCIAL TIMES.
Commercial Epitome
126 1 Dry Goods
Cotton
127
1311
Breadstutts
132
Imports, Receipts and Exports 133
^Ire Chronicle.
The Commercial
and Financlal Chronicle is issued every Satur¬
day morning, with the latest news up to midnight of Friday.
[Entered at the Post Office at New York, N. Y., as second-class
mail
TERMS OF
matter.]
SUBSGRIPtToN-PAYABLE
IN ADVANCE*.
For One Year (including postage)
For Six Months
uo
Annual subscription in London (ineluding postage)
Six mos.
do
do
do
$10 20.
0 10.
£2 7s.
1
8s.
Subscriptions will he continued until ordered stopped by a written
order, or at the publication office. The Publishers cannot he responsible
for Remittances unless made by Drafts or Post-Oliice Money Orders.
Advert isements.
Transient advertisements are published at 25 cents per line for each
insertion, but when definite orders, are given for five, or more, insertions,
a liberal discount is made.
Special Notices in Banking and Financial
column 60 cents per line, each insertion.
London «nd Liverpool Offices.
The office of the Chronicle in London js at No. 74 Old Broad Street,
and in Liverpool, at No. 5 Browu’s Buildings, where subscriptions
and
advertisements will bo taken at the regular rates, and single copies of
the paper supplied at Is. each.
WILLIAM B. DANA,
JOHN Q. FLOYD, JR.
t.
\
WILLIAM B. DANA & 00., Publishers,
i
840.
account
CHRONICLE.
Ill
NO
79 8c 81 William Street, NEW YORK.
Post Office Box 4592.
IjF3 A neat file cover is furnished at 50 cents; postage on the same is
18 cents. Volumes bound for subscribers at $1 00. A complete set of
the Commercial and Financial
Chronicle—July, 1865, to datecan bo obtained at the office.
THE FINANCIAL SITUATION
According to a report from Washington the average
deposits held by the banks and bankers of the country
(not including national banks), and by savings institutions,
amounted for the year ending May 31, 1881, to a total of
$1,467,613,319, against $1,265,828,720 in the previous
year, an increase of $201,784,599.
During the same
period the deposits of the national banks rose from
about 900 millions to about 1,110 millions, or a gain of
210 millions.
Thus in a single year the banking institu¬
tions of the c'ountry have
augmented their deposits more
than 400 million dollars.
This is only another indication
figures demonstrate that
by temporary considera.
tions or by manipulation, momentarily go up or down,
there can be no doubt that general trade is in an excellent
condition, active and profitable.
On the Stock Exchanges, the efforts to depress prices
have continued, and a further large decline was estab¬
lished early in the week.
The news on Saturday that the
President had had a relapse was a new element of disturb¬
ance, and was very adroitly used by the operators for a
decline to help them accomplish their purpose.
He was
represented to be in a more critical condition than the facts
of the
case
almost
as
warranted.
The market thus received
a
shock
great as that of three weeks previous, when the in¬
telligence came that the President had been shot. It was the
easier to affect
the market that the sudden
change in his
public by surprise, as the previous re¬
ports from Washington had been of so encouraging a
character as to give ground for expectation that he was
rapidly convalescing. By Monday morning his condition
was again quite favorable, but the market was in such a
state as to be easily influenced, and in the course of that
and the next day it yielded greatly, under the continued
assaults by leading operators.
On Wednesday, however, and during the remainder of
the week, there was a very decided recovery.
The public
appeared to have gained confidence in the President’s
improved condition, orders came from the interior to buy
stocks, and a move was made by some of the operators
arrayed on the bull side, who had previously refrained
from giving any support to values, to counteract the efforts
of the bears.
The rise was rapid in those specialties that
were most
heavily oversold, but the whole list was more
or less favorably influenced.
The railroad passenger rate war continues, and there
are at present no positive indications of its
early settlement.
The cut is on west-bound rates entirely.
The lowest
figures are made by speculators, who undersell the railroad
companies, and the latter are resorting to measures, by
offering rebates payable at the other end of the roads,
which may have the effect of preventing a much further
reduction. The business of all the lines is increasing, the
roads get regular rates on passengers bound east, and the
condition took the
local traffic is not affected.
This will tend to limit the
loss of the
roads, but all the companies will unquestion¬
of the wonderful pros¬ ably suffer more or less.
perity which we are enjoying, but it serves also to illustrate
Notwithstanding that the fight grows in bitterness each
anew the
strength inherent in the present financial and succeeding day, and notwithstanding also that unofficial
commercial
situation.
What
better
enlarged and lucrative business could
swollen bank accounts ?
As
our means
evidence
of
an
be offered than
increase,
our
bank
declarations have been made
by interested parties that the
indefinitely prolonged, the stocks of the
roads have been comparatively strong. It is pos-
contest would be
trunk line
THE
112
CHRONICLE.
[VOL. XXXIII.
speculating public do not believe the warlike in each of the chief European banks this week and at the
of the railroad officials and look for a sudden corresponding date last year.
of the differences, and then again there is a
July 29, 1880.
sible that the
utterances
settlement
July,28, 1831.
•
possibility that the speculators have concluded that the
Gold.
Silver.
Silver.
Gold.
losses which the companies will sustain will be so light,
£
£
£
£
comparatively, that the ability to maintain dividends will Bank of
29,002,887
26,256,743
England
not be impaired.
It should be said also that the strong Bank of France
25,663,432 50,380,010 30,669,994 50,037,343
9,315,470 19,670,370' 9,604,333 19,203,667
undertone to the market for the trunk line shares comes in Bank of Germany
01,235,645 70,050,380' 69,277,214 69,246,015
part from the fact that the amount of them afloat was Total this week
Total previous week
61,523,271 69,763,530' 168,988,542 69,283,400
small at the outset of the contest, that the stocks sub¬
The above gold and silver division of the stock of coin of the
sequently sold by speculators sufficed to supply only a
Bank of Germany is merely popular estimate, as the Bank itself gives
small portion of the demand, and that purchases have been
information on that point.
made by investors and others at the low prices recently
Foreign exchange has been weak in the absence of
Tuling which have swept the market bare, so that now
demand, and the rates were twice reduced during the
speculative contracts can be covered only with the greatest week. A further reduction to about $4 83 for sight will?
•difficulty. These remarks will also apply to properties in the
opinion of foreign bankers, cover the cost of
The market is so heavily
•other than the trunk line shares.
importing gold and leave a small profit. There has been
•oversold that in the scramble to cover short contracts it
•>
no
so
rises
rapidly.
small
a
securities during the week as to
movement of
be almost imperceptible, but the low prices ruling in the
unfavorably affected by the events of the
early part' of the week caused some purchases to be made
week.
The supply was fully equal to the demand at the
for foreign account, and these may become important.
.Stock Exchange, even though some borrowers were incom¬
The margin for cable transactions is indicated by the fol¬
moded by finding that the banks were disposed to reject
lowing, showing relative prices in London and New York
some collateral and more closely to scrutinize securities
at the opening each day.
.generally. The Treasury operations for the week include
the receipt of $100,000 gold from San Francisco and the
Jidy £9.
July 28.
July 27.
July 26.
July 25.
N.Y.
•shipment of $00,000 silver to interior points. The SubLond'n N.Y. Lond'n N.Y. Lond'n N.Y. Lond'n N.Y. Lond'n
■prices.
prices.*
prices.
prices.
prices.*
prices.*
prices.*
prices.
prices* prices.
Treasury balances show a gain during the week, exclusive
116-40
116%
116-15
115% 116-15
Ii591 116%
11627 116 %
U.S.4s,c.
•of the above recorded movement, of $1,022,028 74, which
101-24
101-24
101%
101-24
101%
10124
101%
101%
U.S.3%?. 101-46 101%
42-92
43-04
43%
41-53
42%
42-55
41%
is a loss to the banks.
The Assay Office has paid out
42-11
2%
42%
101-55
101%
101-36
10085
101%
10136
101%
101%
101-46
2d
10154
.$108,538 for domestic and foreign bullion during the Ill. Cent. 13739 137 13701 130% 134-83 135% 133-37* i3e% 133-86* 136%
143
14392
142-95
142% 141-62 141% 14331 143
week, and the following shows the daily receipts by the N. Y. C.. 142-73 142%
59%
29-34+
59
58% 29"7C+
28-851
57%
29-10+
Reading 29-13+ 58
Sub-Treasury from the Custom House.
Money was not
110
4
Erie
con.
Exch’ge,
*
Duties.
Date.
Gold.
$782,190 82
July 22
“
23....
“
25....
•“
20
“
27
“
...
...
28....
Total...
317,703
237,551
798,715
395,394
655,601
Silver
Silver
Xotcs.
Dollars.
Certificates.
$342,000
$23,000
155,000
152,000
337,000
168,000
249,000
13,000
11,000
18,000
14,000
27,000
94
96
14
62
40
$3,217,163 SS
r. s.
$1,403,000 $106,000
$117,000
$1,000
1,000
1,000
$3,000
4-85
Expressed in their New York equivalent.
of $50, par value.
+ Reading on basis
* Ex interest.
Note.—The New York
equivalent is based upon the highest rate
transfers, which ordinarily covers
180,000
cable
175,000
443,000
213,000
378,000
interest, insurance and
$1,806,000
4-85
4-Si
4*85
4’85%
cables.
Consisting of—
for
nearly all charges, such as
commissions.
The Government bond market was
percents on Tuesday by a
it recovered tone before
broken down for 4
raid from stock speculators, but
the close of that day, and the 4s
subsequently advanced by reason of good buying from
following shows the net Sub-Treasury movement investors. Bankers now report an excellent demand for
for the week ended July 28, and also the receipts and
bonds, and that the market is not very well supplied.
shipments of gold and currency by the leading banks.
The
Out of Banks
Into Banks.
1,104,000
$1,022,028
1,185,000
$1,022,023
81,000
$1,104,000
$2,207,028
$1,103,028
"Treasury operations, net
interior movement
Total
Net.
given above embraces all the
receipts and shipments of gold and currency reported to
us by the principal banks for the week
ended July 28,
which, stated in our usual form, were as follows :
The interior movement
Receipts at and Shipments from N. T.
'Currency
<iold...”
Total
Received.
Shipped.
$1,084,000
$1,015,000
20,000
170,000
$1,104,000
$1,185,000
THREE YEARS’
EXPORTS OF BREAI)STUFFS.
report showing the exports of breadstuffs from the United States for the fiscal year ending
June 30, 1 SSI, and from it and previous reports we are
enabled to arrive at the extent of our exports for three
We have now the
during a period of prosperity seldom enjoyed by
The figures are of great magnitude and
any country.
have no near approximation in the previous history of our
years, or
commerce.
The
great movement of the period has been in wheat
The exports of wheat for the fiscal year
and wheat-flour.
England reports a loss of £340,000 bul¬ just closed, including flour reduced to wheat, reached the
lion for the week ended Wednesday afternoon, and a fur unprecedented aggregate of 1S5 million bushels, against
ther net loss of £336,000 on Thursday, when £406,000 less than ISO millions for the previous year and about 143
were sent to Italy.
This makes the total loss by the Bank millions for the year preceding—giving for the three years
in four weeks £1,315,000, but the proportion of reserve ending July 1, 1881, the enormous quantity of 50S mil¬
The fact that the
to liabilities has in this interval been increased 15-16 per lion bushels, valued at $591,524,024.
cent.
The Bank of France reports a gain of 315,000 francs exports of wheat in the fiscal year just passed exceeded
those of the previous year, will excite some surprise in
gold and 4,125,000 francs silver for the "week, and the
Bank of Germany has gained 3,116,000 marks since our view of the better crops last year in Great Britain and the
last report.
The following shows the amount of bullion ; west of Europe. But it must be remembered that through
The
Bank of
July 30,
1881.]
THE
partial failure of their crops in the two preceding years
their granaries had become exhausted; consequently, their
demands upon us>in July and August last were exception¬
ally large, and these demands we were able to meet from
a very large and early crop of winter wheat and from
stocks of old wheat.
It should be said, though, that of
actual wheat there was a falling off of more than three
million bushels; am increase in the exports of flour to the
extent of nearly two million barrels not only made good
the deficit in the exports of wheat, but gave a considerable
increase in the grand total.
The increase in the exports of flour is due to the success
of New York and Western millers in establishing the
reputations of their special brands and making contracts
for their shipment in stated quantities.
Large bakers and
dealers in London and the large towns of Great Britain
have thus come to depend upon our millers for certain
portions of their supplies, and the trade is mutually advan¬
tageous, as the export of nearly eight million barrels in
one year sufficiently attests. '
Values have not been maintained at so high an average
in the past as in the previous year.
With an increase of
5^ million bushels in the quantity exported there is a de¬
the
crease
of
more
than 13 million dollars in value, the aggre¬
gate of flour and wheat for the past year
$211,277,588, against $224,705,SOS for the year
being
ending
July 1, 18S0; for the year ending July 1, 1879, the total
was $155,540,633.
The average price of the wheat ex¬
ported in the past year is shown to have been about $1 15
per bushel, against $1 25 for the previous year and $1 09
the year preceding.
The exports of wheat
and wheat flour in the six months
ending July 1, 1881, were notably large for that portion of
the crop year, being nearly eleven million bushels in excess
of the corresponding six months of 18S0—entirely dis¬
proving the opinion that the better crops in the west of
Europe had made large demands upon us improbable.
There is, however, a marked falling off in the exports of
rye, which may be attributed to better crops in Germany.
The exports of rye for the fiscal year just closed, were only
1,928,355 bushels, against 2,912,744 bushels in the previous
year and 4,848,249 bushels in the year preceding.
There is
also a great falling off in the exports of oats, the aggregate
for the year now closed being only 358,250 bushels, against
710,890 bushels in the previous year and 4,654,794
bushels in the year preceding.
The exports of Indian
corn have been maintained at pretty full figures, amount¬
ing to 91 million bushels in the year just closed, against
nearly 98 millions in the previous year, and 86 millions in
the year preceding.
The value ofr all the exports of breadstuffs in the past
„.year is given at $265,561,328, against $282,132,618 and
$201,776,499 for the respective years preceding—a grand
total for the three years of $749,470,445 !
Wheat is the only cereal of which any considerable
portion of our product is exported. Taking the crop of
wheat in 1880 at 480,000,000 bushels, the exports of
185,000,000 bushels constitute about 38£per cent. Of the
crop of corn the exports were not more than 6 or 7 per
cent, and of rye, oats and barley the percentage is hardly
worth computing.
It can hardly be expected that the exports of wheat will
be maintained for another year at the great proportions of
the past two years; yet they will probably be heavy, if our
crops shall be sufficiently large to defeat speculations for
higher prices. We may not have so large a surplus as
that from which our recent great exports have been drawn,
and the demand for home consumption has increased
113
CHRONICLE.
Further, the foreign call upon us will no
Still, a considerable surplus will
undoubtedly be grown, and there is little question that it
will be readily taken if offered at or about the average prices
of recent .years.
There is some apprehension that the
growing crop of maize may have been injured by unseason¬
able weather in June and July in different sections of the
country, but it would be premature to anticipate on thisaccount serious curtailment of exports, as it has been
repeatedly demonstrated that a slight advance in the
price greatly increases the supply of this staple.
materially.
doubt fall off somewhat.
NOVEL
POINTS AS TO FORGERY.
Recent books of court reports
contain several decisions
interesting to the mercantile community, upon forgeries.
Thus
one
received from the House of Lords confirms the
taken
view
by the New York Court of Appeals in the
lately narrated in the Chronicle, that omission or
delay of a bank’s customer to notify the bank that paper
which it has paid as his is forged, does not necessarily
throw the loss upon the customer.
The gist of the compli¬
cated facts presented in the House of Lords’ case was that
Fraser forged the name of M’Kenzie to a bill of exchange,,
as drawer, and got the bill discounted in the bank.
Whenit fell due it was not paid, and the bank, knowing nothing
of the forgery, sent notice to M’Kenzie as drawer. Fraser,,
the forger, however, promptly appeared at the bank with,
another bill bearing the same name, in apparently thesame handwriting as the first, which the bank accepted in
renewal, surrendering the first bill as paid. The forger
then quieted the inquiries of the supposed drawer by con¬
fessing that he had forged his name to the first bill, but
declaring that he had taken it up with cas¥; in corrobora¬
tion of which he produced it and delivered it to him.
Supposing that the whole matter had been justly settled by
case
a
cash
payment to the bank, M’Kenzie consented to
offence, and he refrained from making any
condone the
disclosure to the bank.
A few weeks afterward the officers?
facts; they prosecuted Frazer to a,
conviction for the forgery, and then claimed payment of
the bill from M’Kenzie, on the ground that his silenceof the bank learned the
forgery was made known to him was an adoption
ratification of the use which had been made of his-
when the
or
The House of Lords decided
against this claim.
person who knows a bank to be relying;
upon a forgery of his signature can not conceal the fact
while he sees that the position of the bank is altered for
But there is no principle on which his silence
the worse.
for a period during which the position of the bank is in no
way altered or prejudiced can be treated as an adoption of
the signature, or as precluding him from denying it.
On a recent English trial for forgery the story told
name.
It is true that
a
against the accused was that he had bought some goods on
agreement to pay the price in an acceptance of a bill
for the amount, with a good endorser.
The sellers of the
goods filled out a bill, without, however, signing it as
drawers, and forwarded it to their customer for him to
accept it, procure the promised indorsement, and remail
the bill to them.
The Customer accepted, and forged the
signature of an indorser on the back. He then returned
the instrument to the sellers of the goods, who lodged it
an
in
a
bank for collection.
'When it
was
not
paid, the
cus¬
prosecuted for the forgery of the indorsement.
But the Court said that by present English law he could
not be convicted.
A bill of exchange without a drawer’s
name is not a complete instrument, but a mere blank,
having no legal character or value. An indorsement of it
amounts to nothing; hence writing a name falsely by way
tomer
was
THE CHRONICLE.
114
[Voi. XXXIII '.
forgery. The case It is undeniable, however, that Canada has done reason:
It is also equally clear
illustrates the general principle that to be a subject of ably well under the new system.
that the high-tariff system has operated unfavorably
forgery the instrument must be complete in form; one
towards the United States.
Buch as, if it wero genuine, would be operative and
An examination of the official figures shows that in the
valuable.
In a case in Iowa the active partner of a firm in a country year ending June 30, 1880—the returns for 1881 have not
place went to St. Louis to obtain a loan for the firm. As yet been compiled—the exports, for the first time in.the his- '
tory of the Dominion, were in excess of the imports. This
a means of obtaining it he carried the individual note of
is made evident by the following table, giving the total
his partner, drawn to his order, and a mortgage made by
value of exports," of imports, of goods entered for con¬
the partner’s wife, to secure the note, on some lands which
were her separate property.
By means of these securities sumption, and of duty collected for each year, with the
he obtained the loan; however, to make the papers more aggregate since Confederation.
of indorsement can
not be deemed
5781
satisfactory to the lender, he subscribed the wife’s name to
the note as if she were a joint maker.
In so doing he
very
alteration
and supposing that it could not
probably acted in good faith, believing the
in the papers a proper one,
harm the wife, for as she was
by her
mortgage she might as well be a debtor on the note. But
the Court pronounced this signing of her name without
her authority to be in law a forgery, and that the note
could not be collected; neither could the mortgage be
enforced.
The decision shows that signing a name falsely
is not relieved from the legal character of forgery, at least
as far as its validity is concerned, by honesty of purpose
on the part of the forger, or by his supposing that “ it will
make
In
no
a
to secure the debt
difference.”
recent New
York case, Lanier
& Co. bought five
Tear cnd'y
June 30—
1868
1869
1870
1871
1872
1873
1874
1877
1878
1879
1880
Aggregate
Total
Total
Exports.
Imports.
$
57,567,888
60,474,781
73,573,490
74,173,618
82,639,663
89,789,922
89.351,928
77,886,979
80.966,435
75,875.393
79,323,667
71,491,255
87,911,458
$
73,459,644
70.415,165
74,814,339
96,092,971
111,430,527
128,011,281
128,213,582
123,070,283
93,210,346
99,327,962
93,081,787
81,964,427
86,489,747
Entered
for
Consumption.
$
71,985,306'
67,402,170
71,237,603
86,947,432
107,709,116
127,514,594
127,404,169
119,618,657
94,733,218
96,300,483
91,199,577
80,341,608
71,782.349
Duty.
$
8,819,431
8,298,910
9,462,940
11,843,656
13,045,494
13,017,730
14,421,883
15,361,382
12,833.114
12,548,451
12,795,693
12,939,541
14,138,849
1,001,026,477 1,259,582,061 1,214,176,332 159,527,074
£
exception of the years 1873
and 1874, the exports in 1880 were the largest in the
thirteen years; and that while the excess of exports over
total imports was $1,421,711, it amounted to $16,129,109
over goods entered for consumption.
It is seen, also, that
the amount of import and export duties collected in 1880
was exceeded only in 1874 and 1875.
So much for the aggregate trade of the Dominion.
Our object, however, in the present article is not so much
to set out the condition of the Dominion trade, or even the
effect of protection upon that trade, as to show how the
United States is affected by the new system.
We need
only look at the Canadian imports during the thirteen
years of Confederation, to see how the matter stands.
In
1874-5 the importations into the Dominion were from Great
Britain, $60,000,000; from the United States, $50,000,000; from other countries, $8,000,000. In 1875-6 the
figures were: from Great Britain, $40,000,000; from the
United States, $46,000,000; from other countries, $5,000,In 1877-8: from Great Britain, $37,000,000; United
000.
States, $46,000,000; other countries, $5,000,000.
In
1878-9: Great Britain, $30,000,000; United States, $43,000,000; other countries, $5,000,000. In 1879-80: Great
It is thus
seen
that with the
Treasury notes, believing them to be genuine, from Frank.
They afterwards sold and delivered them in the usual
course of business;
and subsequently the purchasers of
them discovered that they were counterfeits and brought
suits to recover back the price they had paid.
It was of
course immediately important for Lanier & Co. to take
whatever steps might be needful toward preserving their
right to recover against Frank in case they themselves
should be compelled to refund to their purchasers.
They
could not make an offer to return the notes to Frank, for
the notes were still held by the last purchasers; however,
they notified Frank that the notes had been declared spurious
and that they had been sued for selling them, and asked
his assistance in defending if he wished the suit defended.
It was ultimately proved that the notes were spurious, and
Lanier & Co. were required to pay the price to their cus¬
tomers.
The Court then held, in a suit brought by
Lanier & Co., that Frank must repay them.
This case
and others on the same subject, explain the law to be that
whoever sells Treasury notes, Government bonds, &c., is Britain, $34,000,000; United States, $29,000,000; other
understood to warrant that the instruments he sells are countries, $7,000,000.
Thus, for the first time since 1.874,
genuine. If afterward the discovery is made that they were the imports from Great Britain greater than those
are counterfeits, he may be compelled to refund the money.
from the United States.
To enforce this the buyer should, if it be still in his power,
With these figures before us, we cannot doubt that the
offer to return the false paper.
But if circumstances protective tariff in Canada has worked to our disadvan¬
render that impracticable, as where he has in good faith tage.
It was for this purpose the change was made. The
sold them to a third person who has them, the same end character of the change is forcibly illustrated by the fol¬
can be attained by giving notice and offering opportunity
lowing figures. In 1878, the year preceding the adoption
te* repel the charge that the notes or bonds are false.
of the new tariff, the value of goods entered for consump¬
tion from the United States was $48,631,739, on which
was collected for duty $4,794,599, or some 9f percent.
In
CANADIAN COMMERCE.
It does not appear that the people of the New Dominion 1880 the value of the imports from the same source was
are suffering greatly from the operation of the new tariff
$29,346,948, which realized in the shape of duty $4,521,laws.
These laws, it will be remembered, came into force 311, or only a shade under 15£ per cent.
This state of things is the more to be regretted that it
in March, 1879.
It was believed by the Conservatives
that the new arrangement would lead to unexampled pros¬ puts fresh stumbling blocks in the way of a return to
perity. It was maintained, on the other hand, by the Lib¬ reciprocity between the two countries. Since 1866, when
erals, that a protective tariff was essentially bad in prin. the Reciprocity Treaty of 1854 was abrogated, there has
ciple, and that nothing but evil could result from its been up almost to the present time an earnest desire on
operation. After two years’ experience of the working of the part of Canadian statesmen and men of business to
the law, both parties are probably of the same opinion. renew some treaty arrangement with the United States
c
C
:
As late
—
as
=
*
1879, when tlia present tariff was made law, it
plainly stated that the Canadian Government was
to renew the Treaty of 1851; and, in point of fact,
the Canadian Parliament empowered the Government to
reduce pro rata the duty now collected on coal, lumber,
grain and such like, in precisely the same proportion that
the United States Government should be found willing to
reduce duties on their side.
It was even agreed that the
Dominion Government might, without consulting Parlia¬
ment, abolish such duties altogether.
Nothing, however,
The matter has been broached in Congress,
has been done.
and there has been some talk about appointing a commis¬
Market value of real estate over cost (13 oompanies)
Market value of securities over cost (37 companies)
was
Uncoilected and deferred premiums, less
anxious
Miscellaneous (16
Total assets
sion to confer with the Canadian authorities
ject.
But Sir Leonard Lilly
of the
new
tariff has been
on
the
sub¬
now tells us that the working
so successful that a return to
reciprocity would be attended with grave inconveniences.
It would, he says in so many words, result in the reduction
of the revenue.
On the part of the Canadian authorities
there is evidently no longer any intention to take the
initiative in the matter.
It is for our people therefore to
look facts in the face, and to say whether the present state
of things is to continue, or whether the time has not come
when we should abandon a policy which threatens to shut
us
out from the markets of our nearest
neighbor, and
loading (57 co’s).
companies)
Liabilities
Reserve at
at end of
1879.
$355,517,346
per cont
$1,C73,9S1
Unsettled
policy claims (23 companies'
Policy claims resisted (35 companies)
Death losses not due or in course of
ment
.418,000
5,398,111
4,571,763
166,153
442,209,187
1,200,223
adjust¬
(18 companies)
Total policy
4,501,570
claims
6,775,774
472,53927,759
Borrowed money (7 companies)
Unpaid taxes (1 companies)
Unpaid dividends due policyholders (5 companies)
Unpaid salaries, rents, &o. (7 companies)
All other liabilities
Liabilities
as
to
1,008,694
18,572
2,355,621
366,176,405
76,092,782
except stock
policyholders
Surplus over all, stock not included
It is rather
surprising to find
an average
interest rate of
71 per cent on mortgage loans, computed also on the basis
of the loans held at the end of the year; this is accounta¬
ble
only by the very large rates realized by a few com¬
panies. Average interest on securities appears to have
been 6T4 per cent; 84 per cent of premiums were paid in
cash; premium loans yielded 6-80 per cent interest; divi*;
dends to policyholders were 23 J per cent on the year’s pre¬
miums; policy-holders received in all ways 108 per cent on
what they paid in; stockholders received 5-42 per cent on
hitherto one of our best customers.
the paid-in cash capital.
As to assets, 14-43 per cent is in
real estate, 41-77 percent in mortgages, 3-31 per cent in
THE CENSUS RETURNS OF LIFE INSURANCE. collateral loans, G-90 percent in premium loans, 3-33 per
cent in cash, 2G-07 per cent in securities at cost, T03 per
The Census Office has issued an advance bulletin of 73
and deferred premiums.
cent in uncollected
Surplus
quarto pages, giving statistics of 59 life insurance com¬
stands at 20-80 per cent of liabilities, stock excluded.
The
panies for the year 1879. Of these, 8 are in Connecticut,
following shows aggregate issues and terminations during
1 in Maine, 2 in Vermont, 5 in
Massachusetts, and 16 in
the decennial period..
New England; 2 in New Jersey, 15 in this State, 5 in
ISSUES.
Pennsylvania, 2 in Maryland, 2 in Ohio, 2 in Missouri, and
Total All Kinds.
Whole Life.
Endowment.
Year.
the remaining 15 scattered.
One (the Piedmont & Arling¬
ton of Richmond) has gone into receivership since the 1870
$417,855,773
$87,211,385
$309,428,196
i871
281,019,322
69,920,456
377,969,234
returns were obtained, and four or five others do no new 1872
55,107.020
300,»G6,767
381,484,252
48.464.192
1873
324,248,127
397,210,883
business and have only a formal place in the list.
41,850,268
259,935,779
321,940,044
The 1S74
1875
230,290,757
36,570,994
287,149,802
197,123,989
30,112,552
253,255,405
following is a summary of the financial transactions dur¬ 1876
1 877
25,013,703
155,197,883
209,443,632
127.430,818
22.555.192
174,544,293
ing 1879 and of financial condition at the end of that year, 1878
143,356,983
29,305,634
187,049,113
$2,309,548,055
$446,111,496
$3,007,902,401
1879
of the whole 59.
Authorized capital stock (41 companies)
A
Capital subscribed but unpaid (0 companies)
Capital paid up iu cash (40 companies).
Total...“
$14,020,000
864,200
8,034,190
r
terminations.
Whole'
Year.
Income
in
1879.
Cash for premiums and annuities
Premiums paid by notes and liens (37 companies).
Premiums paid by div’ds & surrendered policies (31 co’s.)
Total premiums
-.
Interest
on
mortgages (19 companies)
Interest and dividends
securities (53
companies)
Interest on premium notes and liens (44 companies)
Other interest, rents and miscellaneous
on
Total income
1
T.
Disbursements
in
...
Cash and notes for dividends (49 companies)
policy-holders
To stockholders for interest or dividends (28 companies)..
Commissions (57 companies).
Salaries and expenses of managers and agents and medical
fees (51 companies)
Salaries of officers and employees (58 companies)
Taxes and licenses (58 companies)..
Miscellaneous expenses (58 companies)
Total disbursements
Character
of
2,018,203
5,343,639
1872
261,750,180"
231,013,067
1873
1874
261,022,491
57,615,102
1875
14,012,946
0,728.356
2,078,870
1876
1877
1878
IW79
3,120,331
$23,741,124
9,965,828
275,689
14,984,282
13,569,627
62,439,310
468,394
4,277,274
1,310,522
2,193,755
1,467,370
3,932,513
76,089,138
Assets.
Real estate at cost (54 companies)
$63,820,691
Mortgage loans (58 companies)
Collateral loans (45 companies)
184,753,800
Premium notes and liens (43 companies)
Cash actually in hand
Securities at coat (55 companies)
Bills receivable (25 oompanies)
Accrued interest and rents
256,166,251
240,504,638
245,717,095
Total
Endowment.
$50,903,477
$288,072,541
04,232,647
310,027,842
297,780,834
52,910,564
51.955,528
48,325,319
43,018,302
42,780,355
248j062,564
42,904,278
245,940,841
161,179,128
39,073.729
32,297,979
$2,378,771,036
$468,402,178
Outstandinc: at end of
t ovm
.
Total All Kinds.
321,041,444
324,041,045
296,329,788
303,101,991
300,831.597
5
305,491,902
210,308,984
$2,996,027,831
vfcl
K04
The issues
Cash and premium notes paid for losses
Cash and notes for matured endowments (44 companies)..
Cash paid to annuitants (21 companies)
Total to
1871
1879.
Cash and notes for surrendered policies (53 companies)
$226,515,401
1870
$19,153,254
83,555,610
.
Life.
14,670,225
30,527,151
14,723,192
115,302,677
910,707
8,706,060
during the period very slightly exceed the
terminations, the difference or gain since 18G9 in the
amount outstanding being less than one-half of one per
cent of the terminations.
But the exhibit may be on the
whole pronounced satisfactory.
It is made unfavorable
by being diluted by the introduction of feeble companies,
and the percentage^ figured from it must be therefore
taken with some grains of favorable allowance.
As an
exhibit of the work and condition of the active companies,
it is of course of little value, although of interest became
including figures never before officially put forth. When
we remember that the decennial period covers the years
of severe strain—although the worst companies dropped
out
by the
do not
the
way and the figures of issues and terminations
them—the conclusion sets out more forcibly
cover
strength of life insurance in this country than it could
were
the inferior offices left out of consideration.
I HE
116
fillet itt*8 5 Commercial gtiglisTt Hems
RATES OF EXCHANGE AT LONDON AND
AT LATEST DATES.
Rate.
Time.
On—
Amsterdam
Amsterdam
.
.
Rotterdam..
3 raos.
12*4
Short,
3 11103.
12*1?3
Antwerp....
Hamburg
i i
...
ii
Berlin
a
Frankfort...
Copenhagen.
12*4
St.Petera’bg.
44
Paris
Paris
Marseilles...
Short.
3 1110s.
'
Latest
!
Date.
jJuly 16
1
Rate.
Short.
12*10
@20*72
'a 18*45
July 16 Short.
2413 @243s
25*25
@25*353i July 16
25*50
25*50
@25*55
@25*55
11*8213@1I*8713 Jill v 10 Short,
July 16
4712@473s
47 z$(t47 3s
25*7212@25*75
July 16 3 1110s.
5214@5216
July 13 3 mos.
4
—
Rishnn
Alexandria..
New York...
July 16 Short.
Bombay.... 60 days
....
•
60
days
Hong Kong..
Shanghai....
July 16 4
Is. 713d.
Is. 713d.
iJuly 16
July 16
July 16
......
....
I From our own
mos.
20-48
20*49
20*49
44
ii
&
Circulation, excluding
bank post bills
28*26
Public
deposits
Other deposits
Governm’t securities.
Other securities
Rea’ve of notes Sc coin.
Coin and bullion in
117*00
48*45
.
97q
4 8334
758(1.
both
July 16, 1881.
£
£
1378.
£
28,063,310
4,030,627
22.624,600
16,750,960
18,388,896
9,272,015
35,466,067
22,340,355
2 p. c.
3*2 1>. c.
44*39
2 ha P- c.
2hjp.
c.
101
40s. 8d.
,..
Eng. wheat, av. price.
Mid. Upland cotton...
are
93 h2
977s
43s._9d.
43s. 4d.
67sd.
O^irjd.
liqd.
10 Ltd.
No. 40 Mule twist
Tlierfollowing
1870.
26,653,743 29,020,971
departments.!
Proportion of reserve
to liabilities
Bank rate
Consols
1880.
27,200,370 27,458,995 29,328,140
4.049,549
4,754,320 5.049,671
28,716,904 26,903,517 33,511.223
16,271,339 17,970,747 16,749,642
20,195,229 15,545,921 17,916,344
15,143,373 16,561,976 21,137,927
Clear’g-house return. ]
correspondent.!
London, Saturday,
position of the
9
Is. 7i1igd.
3s. 8%l.
5s, l-^sd.
44
l1^
withdrawal
statement showing the present
a
19S1.
247s
l8.
14 days’notice of
or
1 *2
1 x4
England, the Bank rate of discount, the price of con¬
for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair second
quality, and the Bankers’ Clearing House return, compared
with the three previous years.
25*32
25*00
,
sols, the average quotation
i
44
@20*72
Joint-stock banks
Discount houses at call
do
with 7
Bank of
....
•July 10 Short.
July 16 Short.
July 16
44
July 16
@20*72
Per cent.
Annexed is
Time.
allowed by the joint-stock banks and
deposits are as follows
The rates of interest
discount houses for
LONDON.i
“
'Vienna
Madrid
•Cadiz
Genoa
Calcutta
@12*413
@25*60
@25*60
25*55
25*55
20*68
20*68
20*68
18*40
ii
Brussels
12*412
S>12*2^
@
ON LONDON
' ;
EXCHANGE ON
BXCHANGE AT LONDON-July 16.
[Vol. XXXIII.
CHRONICLE.
,763,000 124.7CO.OOO
634d.
63iftd.
9qd.
lOd.
4.999,000 123,727,000
the rates of discount at the
eign centres:
95hJd.
44s. 8d.
principal for-
•
Panic
Panic
Often
Open
market
rate.
rapidly approach¬
■market.
rate.
Pr. ct.
Pr. ct.
Pr. ct.
Pr. ct.
ing maturity.
We have not endured such heat for many Pa ris
Ox4
6
St, Petersburg...
33s
313
4
4 ^2
Geneva
3
27s
years, and we hope that a cycle of propitious seasons has Amsterdam
Madrid, Cadiz &
33s
Brussels
313
5
returned. With a continuance of such weather as the present, Genoa
4
Barcelona
4
4
5
4
Lisbon A Oporto.
3
4
the crops will ripen rapidly, and in a fortnight’s time, probably, Berlin
3q
3 *2 @4
3
Copenhagen
Hamburg
4
harvest work will be in progress in early localities. The wheat Frankfort
3
Bombay
4
4
Vienna
crop still promises to yield a satisfactory result, though there is
some danger perhaps of a too rapid process of ripening. EarlyThe supply of silver offering is very moderate, and there
sown barley also promises well;
but all late-sown crops are. being rather more inquiry for India, the price of fine bars has
thin, and will yield but moderate results. Potatoes appear, risen to 51d. per ounce. Mexican dollars have been steady at
however, to be a good and healthy crop, and turnips and other 50%d. per ounce.
The company mania is by no means at an end. Several have
roots, after several attempts, look well on those lands which
were planted previously to the recent rains.
Taken as a whole, been introduced this week, and it is said that many more pros¬
there will be a fair average harvest; but there will be no pectuses are in print; but they are not of direct interest to the
The heat is intense, and the crops are
.
....
.
.
-
..
....
abundance.
United States.
principal feature in the money market is that the
England have not reduced their rates
of discount; the minimum quotation remains, therefore, at
2/£ per cent. The movements in bullion have not been import¬
ant ; but there has been some demand for gold for Spain, which
has, however, been satisfied out of supplies in the open market,
without resorting to the Bank of England. It is still generally
expected that the Bank rate will be lowered to 2 per cent, as
the amount of discount business in progress is very moderate,
while Bank of England secures but a small proportion. It
must be admitted, however, that the time is arriving when
some increase in the demand for money for commercial pur¬
poses may be expected to take place. The present period of
the year is usually slack ; but the new season will soon be com¬
mencing, and preparations will be made for securing goods for
autumn and winter consumption.
With the prospect of a
moderate harvest, and with no apprehensions of food being
dearer than it is at present, a fair trade is looked forward to,
though no great activity is anticipated. The country and the
wTorld 'generallyis now probably getting accustomed to the new
condition of things brought about by the system of rapid com¬
munications. Millers no longer hold stocks of wheat equivalent
to about three months’ consumption, and as wants can be
quickly supplied, the retail tradesmen throughout the country
buy as suits their convenience. Buying in smaller quantities—
though more frequently—the necessity for drawing bills of
exchange is greatly diminished, as less credit is given in every
direction. The diminution in the supply of mercantile paper
has now become chronic ; but it is not necessarily an unfavora¬
ble feature, or one indicating that the trade of the country is
in an unsatisfactory state. On the contrary, it is a sign of a
healthier condition of things and of diminished responsibilities.
The demand for discount accommodation during the week has
been very moderate, but there has been a fair inquiry for
loans in connection with the Stock Exchange settlement. For
short loans the rate is now 1 to 1% per cent, and the rates of
opened at the Queensland National Bank on
Tuesday for £1,053,000 Queensland Government 4 per cent
bonds, the total applications amounting to £1,1S4.000. Tenders
at par will receive about SG per cent and above in full.
Trinidad Government 4 per cent debentures were disposed of
to the extent of £100,000 on Thursday, the total application's
being £316,400. The whole amount was allotted at £101 15s.
per cent.
Applications are invited by the Crown Agents for the Colo¬
nies for an issue of Western Australian Government debentures
to the amount of £150,000.
The minimum price is fixed at 95/£
per cent.
The money is required for the construction of public
The.
directors of the Bank of
-discount
are as
under
:
Per cent.
Bank rate
2*3
Open-market rates—
30 and 60 days’ bills
3 months’bills
1 ^2
1*3
Open market rates—
Per cent.
4 months’ bank bills
6 months’ bank bills
l34@i78
4 Sc 6 months’ trade bills. 2
@3
Tenders
_
-
were
works.
introduced here by
Baring and Messrs. Hambro, is the leading financial oper¬
ation of the week, but it does not appear to have been attended
with very great success in this country. The loan, after being
at about l>i prem. lias fallen to a slight discount.
The money
is understood to have been procured in Italy.
One of the
objects of die loan, as your readers know, is to enable Italy to
adopt a gold standard, which is an ambitious aim for so
juvenile a country. It is thought that our gold market will
sooner or later be affected by this loan, and it is partly for that
reason that the Bank rate has not been reduced.
Brilliant weather has caused the wheat trade to rule
extremely quiet, but there has been no material change in
prices. The supply of home-grown produce continues very
limited, though there are good arrivals of foreign wheat.
During the week ended July 9 the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to 16,140 quarters, against 15,753 quarters last
year and 27,727 quarters in 1879 ; while it is estimated that
they were in the whole kingdom 64,560 quarters, against 63,000
quarters and 110,900 quarters. Since harvest the sales in the
150 principal markets have been 1,549,075 quarters, against
1,312,92S quarters and 2,377,097 quarters in the two previous
seasons respectively ; the estimate for the whole kingdom being
6,196,300 quarters, against 5,291,S20 quarters and 9,512,400
quarters. Without reconiug the supplies of produce furnished
ex-granary at the commencement of the season^it is estimited
The Italian loan for about £15,000,000,
Messrs.
July
THE
30, 1881.J
CHRONICLE.
following quantities of wheat and flour have been
that tlie
The following table shows the exports and
at the port of New York for the week ending
placed on the British markets since harvest. The visible sup¬ January
ply of wheat in the United States is also given :
1879-80.
1880-1.
Imports of
8,961,247
Imports of flour
11,059,854
Sales of ' liome-grown
Result
Av’ge price of
I,26(>,3a4
1,416,542
1,643,518
1,543,979
86,547,258
81,194,411
90,050,427
80,779,413
English
46s. 5(1.
40s. 8dv
50?. 8d.
11,701,597
Great Britain
IMPORTS.
1879-80.
1878-79.
1877-78.
Wheat
Barley
cwt. 49,903,128
50.718,486
42,578,295
49,764,390
...10,232,225
11.S11.838
8,972,759
2,161,352
12,596,107
1,861,792
9,494,886
10,041,707
12,684,755
10,853,198
2,176,202
2,425,006
1,558,956
2,612,790
30,592,238
11,059,854
25,541,294
8,961,247
1,479,987
1,500,209
32,886,452
7,903,330
-
Beans
Indian corn
Flour
32,572,660
7,334,302
EXPORTS.
Wheat
cwt.
Barley
Oats
1,130,290
51,ISO
592,333
101,679
1,240,933
1,516,743
28,727
90,751
89,611
43,567
218,021
136,064
67,429
589,189
175,609
105,798
95,157
24,337
15,747
438,535
126,775
lie ports—Per
Cable.
corn
English
market
1,463,689
55,904
115,025
19,021
19,240
221,752
80,290
The daily closing quotations for securities, &c., at London,
and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending July 29:
London.
Sat.
513s
d.
Silver, per oz
Consols for money
Consols for account
Fr’ch rentes (in Paris) fr.
U. S. 5s ext’n’d into 3*-2S
U. S. 4*ss of 1891
U. S. 4s of 1907
Erie, common stock
Illinois Central
51*2
51*2
100i51Q 101*16
101
10Hi6
85-00
104 *2
84-92*2
104*2
L17*2
110»4
43*2
141*2
117b}
llO-li
Literpool.
Sat.
*
lb. 12
9
9
9
Winter, West.,n.
9
Cal. white
“
5
Corn, mix.jW.new
“
Pork, West. mess..^ bbl. 73
Bacon, long clear, cwt.. 14
Beef, pr. mess, new,$tc. 90
Lard, prime West. $ cwt. 53
Wheat, No. 1, wh.
Spring, No. 2...
Tues.r
IOHib
IOUib
443s
142*4
66*8
Pennsylvania
Philadelphia & Reading. 303s
New York Central.. /
147*4
Flour (ex. State.. 100
Mon.
“
“
“
Cheese, Am. choice, new 54
cf.
3
9
7
10
5
0
0
0
0
0
0
66
2934
147
\
104*2
117*4
11934
4334
141*4
6 5 34
43
139x
65 *4
30
29*2
146*2
s.
d.
12 3
9 9
9 7
9 11
9 5
5 0
73 0
44 0
90 0
58 0
0
Tues.
s.
d.
12 3
9 10
9 8
9 11
9 6
4 11*2
73
0
44 0
90 0
58 0
[54
0
Fri.
513s
513s
513s
100*5i6 101*16 101*16
100*51fi 101*16 10Ui6
35-40
85-47*2 85-75
104*2
L17*4
11934
147*2
Mon.
54
85'25
Thurs.
Wed.
104*2
117*2
104*2
117*2
11934
44*4
120
44*2
137*2
66 *2
303s
148*2
137
66*4
30*4
148*4
Wed.
Thurs.
Fri.
d.
s.
12 3
9 109 8
9 11
9 6
4 11*2
73
0
44 0
90 0
59 0
55 0
s.
d.
12 3
9 10
9 8
9 11
9 G
4 11*2
73 0
44 6
90 059 0
55 6
12
3
9 10
9
8
9 10
9
6
4 11*2
73
0
44 6
90 0
9
58
55 6
8.
d.
Imports
and Exports for the Week.—The imports of last
compared with those of the preceding week, show
a
decrease in both dry goods and general merchandise.
The total imports were $7,397,030, against $9,276,721 the pre¬
ceding week and $7,295,138 two weeks previous. The exports
for the week ended July 26 amounted" to $7,463,140, against
$7,369,831 last week and $6,260,923 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) July 21 and for the week ending (for general
merchandise) July 22; also totals since January 1:
week,
1878.
e
Dry Goods
Gen’l mer’dise..
Total
Since Jan. 1.
$1,609,405
3,371,254
1879.
1880.
1881.
$1,814,707
$3,053,849
4,353,706
6,514,628
$2,121,400
5,275,630
$1,930,659 .' $6,163,413
$9,568,477
$7,397,030
Dry Goods
$43,142,644
$49,196,476
$73,401,574
$59,620,760
Gen’l mer’dise..
120,016,228
127,756,416
219,392,635
17S,874,913
Total
$163,753,872 $176,952,892 $292,794,209 $238,495,673
In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending July 26, and from January 1 to date:EXPORTS FROM NEW YORK FOR THE WEEK.
1873.
For the week....
Prev. reported..
$7,460,868
189,593,815
1879.
1830.
$6,512,830
$8,683,213
$7,463,140
176,526,929
222,059,189
213,893,705
Total s’ce Jan. 1 $197,054,683 $183,039,759 $230,742,402
18S1.
$221,356,845 1
$20,020,221
2,639,641
4,731,45a
370,914
160,873
6*500
19,950
185,606
7,930
417
60,434
103,151
$24,867
$310,800
$31,580 $28,330,548
7,854
2,096,741
1,542
1,909,928
7,149
1,939,768
11,970
741,069-
$122,200
$5,931,145
$121,06$
Germany...
29,650
120,609
60,388
West Indies
10,204
2,962
9,176
24,337
22,780
2,288
6,722
304,29$
Silver'.
Great Britain
France
19,58$
Mexico
South America
All other countries.
470,828
904,235
101,460
18,707
$21,148 $1,696,271
Total 1881
$122,200
$6,138,725
Total 1880
Total 1879
73,227
99,951
2,928,088
;.7,l?4
9,641,309
69,161|
3,098,206
5,279,765
Of the
American
above imports for the week in 1881, $27,227 were
gold coin and $4,450 American silver coin., Of the
exports for the same time $12,917 were American gold coin.
Texas & Pacific.—This company notifies the Stock Exchange
that fifty-one miles additional of road constructed for this
company,
from
the
two hundred and sixty-ninth to the
three hundred and twentieth mile-post has been completed,
and requests that Texas & Pacific, Rio Grande Division, bondsbe placed upon the regular list of the Exchange, in conformity
therewith, numbered from 6,726 to S,000 inclusive, being at the
$25,000 per mile for the fifty-one miles so accepted as
opened for public use.
rate of
constructed and
—The attention of the stockholders of tlie National Bank of
the Republic, New York, is called to tlie advertisement in to¬
day’s Chronicle notifying them that a dividend of 4 per cent
by the board of directors, payable on
till which time [the transfer books are
has just been declared
and after Aug. 4, 1881,
closed.
—Messrs. Jesup, Paton
& Co. will
pay
the
coupons
of the first
mortgage bonds, and interest on the guaranteed preferred
stock, of the Louisiana & Missouri River Railroad, and the in¬
terest on the preferred stock of the Kansas City & Chicago
Railroad Company, on and after Aug. 1, 1881.
—Attention is called to the thirty-eighth semi-annual cash
dividend of the Illinois Central Railroad of 3% per cent on its
capital stock, which will be paid on and after Sept. 1, 188L
The transfer books will close Aug. 13 and open Sept. 5,1881.
BANKING AND FINANCIAL.
BANKING DEPARTMENT.
Office or Fisk & Hatch, No. 5 Nassau Street, f
New York, July 7, 1381.
3
inquiry
as to
tlie terms on wliieh we
accounts of banks, bankers, business firms and individ¬
uals, wo issue this circular for the general information of those who
may desire to open accounts with a private banking house in this city.
We are prepared, on the terms mentioned below, to receive the
accounts of responsible parties in good standing.
1. Except in case of banks, savings banks, or other well-known cor¬
porations, or of individuals or firms whose character and standing are
already known to us, we require satisfactory references before opening
receive deposit
an
account.
2. We allow interest at the rate of 3 per
age monthly balances when
accounts averaging less than
last
For Week.
$.
23,650
South America
All other countries.
day of each
cent per annum on the aver¬
the same amount to $1,000 or over. On
$1,000 for tho month we allow no interest,.
3. We render accounts current,
FOREIGN IMPORTS AT NEW YORK.
Since Jan. 1
2,000
In answer to numerous letters of
©mumevciat autlilXiscelUwcaus 2Xcurs.
Week.
$56,260
4,500
Total 1880.
Total 1879.
.
Imports.
Since Jan. 1
$-
France
Germany
West Iudies
Mexico
Total 1881.
1880-81.
Peas
Beans
Indian
Flour
’Week.
following return show the extent of the imports of
..
Exports.
Gold.
4,425,357
12,400,000
grain into, and the exports from, the United Kingdom during
the first forty-six weeks of the season, compared with the cor¬
responding period in the three previous seasons:
Oats
Peas
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
7,384,302
88,323,392
wheat for season (qr.)
43s. 3d.
Visible supply of wheat
in the U. 8
bush. 16,000,000
The
7,903,330
91,701,945
of
exports
wheat and flour
1, 1881:
1877-8.
82,610,953
87,813,612
Total
imports of specie
July 23 and since
49,764,390
26,850,630 22,931,220 41,220,320 31,174,700
produce
Deduct
1878-9.
50,718,486 42,578,295
wheat.CWt.49.903,128
117
and credit interest as above, on the
month.
parties keeping regular deposit accounts with us we collect and
railroad and other coupons and dividends payable
in this city, without charge; make careful inquiries and give the best
information wo can obtain respecting investments or other matters of
4. For
credit United States,
their interests in any
in which we can be of use to them in our line of business.
5. We do not discount or buy commercial paper, but are at all timea
financial interest to them; and in general serve
way
prepared to make advances to customers and correspondents on U. S.
bonds
or
G. All
other first-class and marketable securities.
deposits are subject to check at sight without notice.
One of our firm is a member of the New
Y"ork Stock Exchange, and wo
give particular attention to orders by mail, telegraph or in person for
the purchase or sale of Bonds and Stocks on Commission.
We continue to buy and sell direct, without commission, all issues and
denominations of United States Bonds for immediate delivery at current
and make exchanges for National Banks in the Banking
Department at Washington, without trouble to them.
Our “ Memoranda Concerning Government Bonds” will be sent post¬
paid on application.
market rates,
FISK
&
HATCH,
THE CHRONICLE.
118
[Vql. XXXIII.
Differ1 nets frfm
previous week.
1881.
ghe fgaukers' fllfcgcttc.
July 23.
The following dividends have recently been announced:
455,500
4.000
1,459,300
.
Per
cent.
Name of Company.
When
Books Closed.
Payable.
(Days inclusive.)
Aug.
Aug.
..
Surplus
A u g.
Aug. 14 to Sept.
Sept.
Dlinois Central
Kansas City St. L. &Cliic. (quar.).
Louisiana & Missouri River
Aug.
Aug.
Mass.twippi
Aug.
Aug.
N.Y. Prov. & B.(Stoniugtou),<iuar.
Hauk«„
Bank of the Republic
Aug.
Broadway
iOn
Home
NEW
YORK,
..
2 to Aug. 10
July 30 to Aug. 3
July 27 to July 31
Com Exchange
New York National Exchange
Insurance.
Westchester Fire
•»» iacellaneou*
Iowa Railroad Land Co. (quar.)
4
Aug.
$1
1
1
Aug.
1 July
*9,
19 927.600
20.549.500
243,383,000
54.283,100
306,700
20,351,200
$364,825
$72,817,500
762,200
89,410,100
$60,845,750
74,215,700
$10,078,700 Dec.$1,127,025
$10,592,600
$13,369,950
Exchange.—The rates of sterling bills are again a fraction
The high price of wheat, and the rising
tendency of iron, which may stimulate the imports, are points
worthy of mention in estimating the possible import of gold
next month.
To-day the actual rates for prime bankers’ ster¬
ling bills are 4 82%<0)4 82% for 60 days and 4 84%@4 84^ for
demand. Cable transfers, 4 84%@4 85, and prime commercial
bills, 4S0%@4 81%.
lower than last week.
United States Bonds.—The main feature in Government secur¬
dem.
Aug.
JULY
FRIDAY,
1
69,058,900
19,463.500
291,270,000
rnc.
93.243.400 Dec.
$88,164,700
Reserve lield.
Railroad**.
Cedar Rap. & Mo. River, com —
Do
do
pref.
Connecticut & Passumpsic Rivers
1879.
July 26.
16.752,000 Dec.
Legal tenders.
Legal reserve.
1880.
July 24.
$496,100 $294,517,800 $260,582,600
Loans and dis. $349,240,500 Inc.
81.491.400 Doc.
8pecie
19.185.300 Inc.
Circulation...
352.658.800 Inc.
Net deposits
dividends:
•
15 to
1S5S1-5
1*. M.
’The Money Market and Financial Situation.—The money
market is easy; the policy of the Government in funding the five
ities was the weakness in prices on Tuesday and Wednesday,
and the sharp rally since then on an active investment demand.
It is hardly reasonable to expect the 3/£ per cents, which are
liable to be called at the option of Congress, to rule much above
par; but whenever there is any decline of importance in these or
in the other issues of Government bonds, buyers are sure to come
forward and
purchase liberally.
settled and known several weeks ago; the
The condition of the bonded debt, as it will stand after October
foreign exchanges present nothing of striking importance; the 1, 1881, (exclusive of the Pacific Railroad currency 6s) will be
stock market alone is left as the centre of interest in the finan¬ substantially as follows:
cial markets, and in this quarter the week has been full of 4% per cents
$250,000,000
4
percents
739,347,800
activity and excitement.
3*2 per cents
576,881,800
The general interest in the stock market
has never
Total
$1,566,229,600
been as large as at the present time, and not in the Navy pension fund
:
14,000,000
cities only, but in almost every country town, there are
Total..:
$1,580,229,600
many persons who
have taken ventures in stocks as a Tlie amount of annual interest March 1,1881
$76,845,937
61,434,775
possible method of increasing their surplus funds, while there Annual interest after October 1, 1881
and six per cents was
was no safe investment
to be had which would pay more
than 5 per cent a year. It is a pertinent inquiry just now,
whether the circumstances which have led up to this state
Annual saving
The closing prices at the New York
Interest
of affairs, in which
nearly the whole country (including the
typical widow and orphan) is interested in the stock market, are
not likely to take a turn in the autumn of 1881. Not that there
is to be any rapid change leading to a crisis, or that a majority
of holders are likely to close out suddenly their interest in
stocks, but merely that the following points should have much
weight im estimating the probable course of financial affairs,
viz.: 1. The Government operations in funding its 5 and 6 per
cent bonds during the past five yeais have had an important
influence in keeping money easy and creating a demand for
outside investments; these operations will terminate on the 1st
of October.
2. The great rise in stocks and bonds which
began in July, 1870, has poured money into the pockets
of so many people, that it has been a constantly accu¬
mulating force, stimulating more purchases, and bringing in
fresh buyers. Has not the general range of prices now reached
high-water mark; or so nearly approached that mark that if
there is no great decline there cannot probably be a further pro¬
gressive rise? 3. With the Government funding operations stopped,
and with railroad building going on now at the rate of 10,000 miles
per year, is it possible to keep a 3 per cent money market ? Or,
granting that money may be kept easy if the country imports
$76 ,000,000 more of foreign gold in the next twelve months and
retains all the domestic product, is it likely that with the better
crops in Europe this will be done ?
These are inquiries of a decidedly general nature ; th^y do
not bear upon the prices of stocks next week, but they are well
worth considering as we look forward. Nor are they presented
here as foregone conclusions, but merely as fair questions for
discussion among parties whose interests are large enough and
reach far enough into the future to be affected by matters of
$15,411,162
of interest
Periods.
1
6s, continued at 3*2-. J. & J.
,Sr, 1881
reg. Q.-Feb.
|
w£.5
■
Board have been
July
July
July
July
25.
26.
27.
28.
29.
1
102% *102*4
101%
(J.-Mar. *114*4 *114*4
reg.
4*28,1891
4b, 1907
48, 1907
6s, cur’cy,
6s, cur’cy,
6e, cur’cy,
6s, cur’cy,
coup.
reg.
Q.-Mar. *114% *114%
Q.-Jan. *116*4 116
coup.
Q.-Jan.
r.
r.
r.
j.
6a, cur’cy, 1899..reg. j.
*
This is the price
&
&
&
&
116*4
j.
j.
j.
j.
*130
*131
*132
*133
& j. *134
follows:
July
4*28,1891
1895..reg.
1896..reg.
1897..reg.
1898..reg.
as
116*8
v130
*131
*132
*133
*134
*102
102% *102
101% 101%
ill *114 *114*8
114% *114*8 *114*4
115% *115% * 115 %
115% 115% 116
*130
*131
*132
*133
*134
*130
*131
*132
*133
*134
•
*130
*131
*132
*133
*134
*102*4
101%
*114*4
*114%
*116*4
116*4
*130
*130
*130
*133
*134
bid at the morning board; no sale was made.
State and Railroad Bonds.—In State bonds the transactions
in Tennessees and Louisiana consols have been smaller, as buy¬
ers and sellers appear to be apart in their views.
As to the
the Governor will
Funding law.
Tennessees, it is not yet known whether
the Supreme Court to pass on the
Railroad bonds are firm at their high
convene
prices, and among the
speculative bonds the Erie second consols are particularly strong
at an advance.
Messrs. A. H. Muller & Son sold the
following at auction:
Shares.
Shares.
20 Peoples’ Fire Insurance .121
45 Broadway Fire Ins
203*2 x
2 Metropolitan Gas (N.Y.).149
306 Peoples’G islight (Bklyn) 35*2
60 Lenox Fire Insurance
70*2
39 Lackawanna Iron&Coal. 160
100Tradesmen’s Nat. Bank..116
10 Guardian Fire Tns
67
49 United States Fire Ins... 137*2
80 Harlem
Gaslight (N. Y.)
.
84
Railroad and Miscellaneous Stocks.—The stock market,
since oar last report, has been feverish and excited. On Satur¬
day, the 23d, came the news of the relapse of President Garfield,
and this was followed by many false rumors, even to the extent
reporting his death; and these coming on a market already
tending towards weakness had a most depressing effect. Prices
sharply declined, and the bear interest, which has been notably
large for some time past, made the most of the circumstances to
hammer the market to the full extent of their capacity.
The
early days of the week were gloomy, and prices in many case
touched the lowest point reached in the present downward turn,
and even the lowest of the year. On Wednesday afternoon there
was an improvement and strong buyers came in at the decline,
this broad character.
The local money market has been quite easy, and on call loans and since that time there has been a rising market on pretty
the range has been 2/2@4 per cent, according to the collaterals. large purchases, culminating to-day with a decided buoyancy
and an advance of more or less importance on nearly the whole
Prime commercial paper of 2@4 months sells at 3@4/£ per cent.
list. At the close there was a slight re-action. After the improve¬
The, Hank of England statement on Thursday showed a ment in the market had fully begun, the sharp rise of yesterday
decline for the week of £340,000 in specie, and the per¬ and to-day was greatlj assisted by the purchases to cover short
sales, and that element had been well calculated on from the
centage of reserve to liabilities was 45 7-10, against 45% last start by the heavy
operators on the bull side.
week; the discount rate remains at 2>i per cent.- The Bank of
The railroad war has continued without abatement, and pas¬
France shows an increase for the week of 3,150,000 francs gold senger rates to the West have reached a ridiculously low point,
while cutting on West-bound freights is also reported., This is
and 4,125,000 francs silver.
bad for .the trunk-line earnings, but the sooner rates reach a
The last statement of the New York City Clearing-House
point absurdly lovV the sooner are the companies likely to come
banks, issued July 23, showed a decrease in the surplus above to an agreement; and in this respect the quicker and sharper the
legal reserve of $1,127,025, the total surplus being $10,078,700 war the better it is.
The week has been rather bare of events affecting the values
against $11,205,725 the previous week.
of particular stocks. In the elevated railroad suits the applica¬
The following table shows the changes from the previous week
tion of the New York Company to get possession of its road was
and a comparison with the two preceding j’ears :
adjourned to August 11. Railroad earnings are large.
i
of
Jolt 80,
THE CHRONICLE.
1881.]
119
range in prices at the n. y. stock exchange for the week, AND SINCE JAN. 1.
DAILY
HIGHEST
AND
LOWEST
For Full
PRICES.
Monday,
July 25.
OHiurnny,
July 23.
Tuesday,
Wednesday.
July 27.
July 26.
Range Since Jan. 1, 1881. Year j.880.
Sales of
STOCKS.
Thursday,
J uly 28.
the
Friday,
July 29.
Week,
Shares.
Lowest.
Highest.
Low. High
RAILROADS.
Albany A Susquehanna
Boston A N. Y. Air-Line pref...
Buffalo Pittsburg A Western
Burlington Cedar Rapids A No.
Canada Southern
43
80
63
65
630
Cedar Falls A Minnesota
Central of New Jersey
Central Pacific
:
Chesapeake & Ohio
Do
0
:
—
1st pref
2d pref
Do
Do
92%
94%
90
28
41
93i*
28
41
2934
297,
pref
Chicago Burlington A Quincy..
Chicago A Eastern Illinois
Chicago Milwaukee A St. Paul.
Do
pref.
Chicago A Northwestern
Do
pref...
Chicago Rock Isl. A Pacific
Chicago Ht. L. A New Orleans..
Chicago St. Paul Minn. A Oin..
Do
pref.
Cincinnati Sandusky A Cle v....
150*4
io7
130
121
130
1230
136 »4 1370
137*4 138
*75
40
80
Dubuque A Sioux
City
Joseph
Long Island
pref....
A Chic.
Memphis A Charleston
Metropolitan Elevated
Michigan Central..;
Milwaukee L. Sh. A West., pref
Milwaukee A Northern
Missouri Kansas A Texas
Missouri Pacific
Mobile A Ohio
Morris A Essex.
Nashville Chattanooga A St. L.
New York Central A Hudson
New York Elevated
..
New York Lake Erie A West..
Do
pref.
New York A New England
New York New Haven A Hart.
New York Ontario AWestern
Do
pref.
Norfolk A Western
Do
pref
Northern Pacific
Do
pref
..
Ohio Central
Ohio A Mississippi
91
92 V
90 Vj
24
94
92
260
870
1293.j 1293
1230
13734 137 34
1370 1370
122
99
55
91
Ohio Southern
Panama
Peoria Decatur A Evansville...
Philadelphia A Reading
Pittsburg Ft. Wayne A Chic
Rensselaer A Saratoga
Rich. A Allegh., stock trust ctfs.
Rochester A Pittsburg
Rome Watertown A
Ogdensb’g
St. Louis Alton A Terre Haute.
Do
pref.
St. Louis Iron Mt. A Southern.
St. Louis A San Francisco
pref.
1st
.
..
93
92
il9” 120*
’90“
"90 34 91 \
02 *4
109010934
97*4 97*.
137*4 137*4
47
10001010
108*4 1090
07
pref
A Manitoba.
530
47 O
50
54
55
110
1100 1120 1100 1140
130
130
1280 129
124 0 127*4 125*4 1270
140
1400 1390 1390
136
1380 138
1390
128
91*4 oio
1400 1400
20 vj 210
*75
38
99
101*4
44 O 49
89
91
139
139
20 0 210
101
61
92
il8" i20*,
118
iVfiO
950 101
940
*70
403s
53
92
23
220 24
1220
97 01000
980
80
42
101 O 103 0
52
54 O
91*4 94 0
400
1020
210
290
136
158*4 160
80
40*4
i2l"*4
1230
9901020
"
890 ’ 02
*920 920 bi ” ”910
107 0 1080 107*4 1070 1080 110 0 110
1110
890 91
55
97
97
97 O
135*4 1350
45
970
1360 1370
490 51
470
55
57
520 540
120*4 1220 122*4 1240
54 V
..
101*8 1020
990
17*4
990
99
93
35
170
35
13*4
14
*70 " '78'
85
96a4
98*4
52
54
'4f* "45*4
105
410
105
360
1230 1230
36
81
81
1410 14234
1050 106
410 430
8134 83*4
88
.90
16
93
17 O
35
12
150
36
12
160
32
34
80
97
60
1080
340
44
108
i360
138
490
620
36*4
"79 " ’*8*6”
75
3334
25*4
550
25*4
38
7534
70
800
98*.
53
49
82
98*4
510
96 0
102O103
55*4
560
12301260
16 O
86
36
120
13
120
17"
820
840
98*4 1000
52
53*4
75
78
78
78
1420 142
143*4
105*4 1050 104*4 105 O
410
420
82
810
410
810
141*8 1420 143 144
1040 105*4 106
106*4
42 a4 44
410 420
420
84
84 34
820
800 820
181
181
Q82
33
2834
31 v2
280
31*4
57
55*4
55
530
510
37 0
75 O
27
36
5434
40*4
780
29*4
39*4
550
39*8
35
38*4
77*4
26*4
370
78
730
28
24 0
880
360
108
30 ‘
42
39 O
40
56 34
570
58
56
530
410
10
73
83
22,041
980
610
18
36
12 v2
10
83
84 0
30,165
1,267
1,600
100
15,783
36,975
59,450
5,600
990 1010
63
64*4
79
75,320
47,350
6.380
2,492
7,240
810
50,022
1420 1450
106*4 106*4
43
45
850
86
6,625
95,250
7,000
31*4
32
”54 0 ”5 7”
29
310
320
57
61
40
35
370
77
28
2734
280
38*4
770
280
38
38
39 O
380
3G34
10S
37*4
39
79*4
800
11,020
24,005
600
43
7,150
17,700
*25” ”26 0
380
560
400
41
42 *4
58
570
590
”53 ” ”53’
52
52
139
139
400
590
3,900
.36,925
103,114
29
39 0
108
38
40
57 0 08*4
140
140
34,575
”200
730
25
11034
185
590
13934 3 390
110
'
410
55
370
55
480
740
50
74 0
1080
45
48
74*4
106
100
101*4
100
48
4534
750
108
40
390
102
58
G234
102
101
41
■47”
49”
92
920
"48” "49”
49
73 v2 73 0
106
107
35
35
710 72
105
1050
102
” ”60*8 ”550
53 0'550
45” 47”
45
"86”
86
101
”620 ”57” ”560 ”570
560
"54 0 ’
39
55
"
1250 1270
520 54 34
88
900
126*4 127
1250
480
800
500
890
5034
880
880
500
880
52*4
900
47*s
47
470
47O
470'
48
48
530
87
460
i07*.I i07O
162”
47*4
6S*4
39
*20
27”
*
1.63
127
1060 1070
160
480
"10”
*85”
29” ”3()”
122 O
480
86*4
tl23
49
47*s
46
161
48
*137
10
10
88
68*4
130
5134
53 O
38
380
:
8 4 *4
’"
1080 1090
1*6*0*’ 1610
*44
162
Jan.
4
Feb. 25
Mar. 23 153
July 20 1S2V.
90
Apr. 21 95
101 v2 Feb. 25 129*4
117
Feb. 25 140
117
Feb. 25 136
Jan.
4
June
4",700
48 0
49
740 75
107
107
1,415
705
100
200
2,700
560
59
48*4
48*4
162
600
”29” ”29"
1250 1270
60 O 540
89
92
48
48
1080 1090
*46
163
50
66,506
5034
42
79
58
56
135
‘800
►
70
126
45
126
*134
82
*67
*124
48 7t
15 0
150
*20
20
2 v2
86*4
86*4
89
8734
8,100
4
155b July 27
July 27
32
9
6
41
80
J an.
4
Jan.
7
Feb. 18
63
219*2 Jan.
27*4 Jan.
50
27
30
52
26
25
39
86
239,366
2 0
2\
,20
*27 O
29”
54O
26
*30
ISO
iso
38
180
pref
69 34
69*4
69 0
220 220
38
:
2
:.
38
20
'
40
”71” "71”
52
23
38*4
20
23
44
2*4
35
19
71
71
41*4
430
130
590
320
90
39
61
90
26
70
88 v2
2C
40
34
27
26
26
26
the prices bid and asked—no sale was made at the Board.
26
27
27
52
95
% Jan. 15
Jan. 10
53
50
68*2 110*4
61 v2
June24
83
50 70
63 v2 105
49 34
91*2
99*2 127%
37*2
77
26*2
42 34
1395a
24
174
109
57*2
50
18
12*2
43
121
30
47
49*4
29 *4
123
128
155 3,
127*4
51*8
168“
225
55
June 14
81 *4 June 3
Feb. 25 115*2 June 29
Feb.
9 42v2 May 4
Mar.
Jan.
*
129
June 18
Mar. 24
Jan.
4
8
89*2 May 25
7 107
July 9
44*2 July 16
4
73% June 14
Jan. 4 62*4
May 14 151
Apr.
July
Jan.
Jan.
Jan.
[Jan.
Jan.
Jan.
Jan.
1.000
14,510
Apr.
:
74*4 Feb. 12
56
May 26
4 115*4 Mar. 7
Jan. 15 47
Jan.
3 190
Jan.
i
50
1,000
900
130*8
93%
42*2'
34*2
25*4
Apr.
1
’"
”50%
43*2
JunelO 111
J une 23
86*2 June 14
120
Jan.
62 % Jail.
51 v2 Jan.
112
Jan.
50
111,500
86*2
60
22 7J
67*4 June 22 18
28*2
73*2 Feb. 9 13 v2 723g
142
129
May 17 112
Juno29
J an.
5
1,200
"
27
61
96 k
10634 129%
9V2 25*8
Jan. 27
4
41 v2 Jan.
300
ZO
48
15
33
60
25
50
67
43v2 July 16
17,600
i.ioo
Oj
22
July 19 14334 May 25
*b Jan.
*200
35
*17
99
124*8
87*8 130
104
146*2
100 vj 204
1976
1
Feb. 28
"
27
06*2 H434
50*2 June 3
77*2 Mav 12
Apr.
400
20
6
May 26
Junel3
Feb. 14
Jan. 19
Jan.
7 146
July 27 80
Apr. 14 50
.May
51O
June
46*2 Feb. 14
5936 May 26
24
May 2
15
May 21
7 280
4
Feb. 25
30
....
53*4
39
183*2
May 17
60
May 10 84*8 Junell
164*4 Mar. 25 190 Junel3 155" 180 '
28
Jan.
4
43*2 Feb. 2 20
325e
70
May 14 90 Jan. 29 70
8630
23 v2 July 14
25 v2 July 19
53 v2 July 27 70
May 26
Mar. 17
3234 Ian. 13 51
20
36
64*b Jan. 25 88*8 June 24 39% G7 *2
23 *b Jan.
5 37 78 May 21 14
28*8
36
July 25 47 7e M ay 20 23
44*2
9734 Jan. 8 126 May 21 57 34 102
29
July 21 37*2 June 10
3,050 135
: 4534
210 130*4
3,000
1
136
*810 83 O
*68O 70
125
4834
*37O
160
.
96 v2 July 27 126*2 Jan. 20
Mar. 22 64 7e Juno
May 20 59 May 27
393b Feb. 25 64
May 21 28*8
85
Jan. 28 114V2 June 14
18*4 Feb. 26 3934 June23 12
118
Feb. 25 131
June 3 100
63
Jan.
6 102
Mar. 21
47*2
140
Feb. 25 155
Jan.
3 122
103
May 4 130v2 Feb. 15 109
41*4 July 26
80*2 July 27
38*4
27*4
159%
17
99 v2
42
63
30,300
136
82
97 v2
25 34
.Tuue30
Feb. 21
June23
93
July 25 126
16,567 1 89% Jan.
...
90
29
90*4
Jan.
117
Jan. 17 113
47*4 May 23
4", 600 23 Mar. 10 33 May 13
97,754 105 v2 Feb. 25 131 s4 July 2
84,350
39
Fel). 25 60
J une 30
68,887
77
Feb. 25 96*4 May 16
144
135
813a
30
4134 May 13
133
520
Jan. 14
June 20
Fob. 17
June 18
June22 48
Feb. 25 110*2 May 18
Jan.
7 117*2 Junell
Feb.
80 v> Jan.
84 0
8 60
137
83 0 83 v2
68 V. 68 v2
125
125
2 0
20
126 v2
'926
200
10
135
45*4
125
ioeo ioso
47
144
2,900
2,100
42
i02” ibs"
"28 0 *290 ‘280 290 ”28*4 280 *2 7 " ”2 7 ”
125
Quicksilver Mining
Jan. 18
6134
"80*8
12,010
38 *2 J an.
4 6534 June 2
161,212 118 Feb. 25 135 34 Jan. 20
'"'
jsi
310
T 32
135
82 34 82 34
Ontario Silver Mining
830
120
May 26
93,870
Jan. 19
2,900 131*8 Feb. 26 147 v2 Jau. 17
Feb. 26 148-% May 21
6,255 129
40
Jan.
4
88
May 23
38
6,500
July 26 51 Jan. 22
91
22,835
Feb. 25 109 *2 Jan. 24
41 v2 Feb.
3,000
1
68*4 June 22
81
Feb. 25 10134 May 23
5,200
140 127*4 Jan. 29 142
May 10
15,340
1934 Jan. 4 32 7e Mav 20
60
May 12 77
May 24
173,600 107 Jan. 4 131
Mar. 9
81,470 82v2Jan. 4 113*4 June 7
76v2Apr. 8 88 June 14
13,500 44% Jan. 4 9434 July 29
94
7,125
Feb. 26 118
July 7
63
1,245
Feb. 26 106 June 18
24
7,110
Jan.
4 146*2 May 21
45
4,619
July 27 57 v2 May 19
50
Jan.
6 92
M ay
6
30
Jan.
5 136*2 June 20
14
Jan. 10 30*4 June 2
102 O 104 0
98 v2
17
36
”7 i ” ”73
68
82*4
78
142
EXPRESS.
Maryland Coal
lG9.il 5
*40 O’420 400 420 42 34 440 ”43*4 450
106
105
108
105 O 1090
101*4 105 v2 102
31
350
310 36
360 37
360 37*4
123
122
123
124
1230
1230
O 1240 125
1si
320
980 1020
1020
"co” "ii'
84
Adams
American
United States
Wells, Fargo A Co
COAL AND MINING.
American Coal
Colorado Coal A Iron
Consolidation Coal
Homestake Mining
Little Pittsburg Mining
Mariposa Land A Mining
July 16
90
90
40 v2
112
102 7s
7,430 154
41
520
Feb. 26
Feb. 24
140
i’58”
*77
120 3l
290
May 16 100
July 13 37
48% June 15
71 v$
2034 Jan. 19 337s May 14
1,835
3234 Jan. 12 48*4 May 14
23
Jan. 25
1,257
367b May 14
1,615 132 Apr. 19 156 Jau. -
44
iooo ios*
..
are
157 0
138
135 0
80
40
133
80
40
IOOO
4,740
300
131
16*2 Jan. 26 68
..
*76
38
99
27 V
4iv
"
MISCELLANEOUS.
These
1370
1340 1360
12001220 1200 1210 1200 122*8
55
pref.
New Central Coal
Silver Cliff Mining
137
98
98
134 O 1300
47 0 473,
97
137
136
51
American District Telegraph
48
48
Atlantic A Pacific Telegraph
Delaware A Hudson Canal
i07 * ioso
New York A Texas Land
Oregon Kailway A Nav. Co
ic'i” ids”
Pacific Mail
470 480
Pullman Palace Car
*143
145
Sutro Tunnel
138
13„
Western Union Telegraph,...!.
Do
ex-certificates
850 89*4
*
136
55
118% 12034
100*4 102 %
pref.
Boioto Valley
Texas A Pacific.
Texas A St. Louis
Toledo Delphos A Burlington
Union Pacific
Wabash St. Louis APacific
•
128
27*4
40
i.5734
122” 123% 122*4 124*4
10034
20*: ”22"
38
Standard Consol. Mining
Cameron Coal
Oeutral Arizona Mining
Cumberland Coal A Irou
Dead wood Mining
Excelsior Mining
156a4
69
62 %
16
82 v2
80 v2
94 0
136
i.55
29
300
28,115
28
29
1380 138H
155
*
Apr.
145,430
42,695
93
390
Jan.
45
37
67 0
930
270
41
92 O
27
120
500
200
0'990
93
1.56*4 1.57 0
35
670
...
920 940
136*4 137
40
29 0
22%
pref
Do
640
27
920
890 920
13634 137
2734
140
22'
27 0
Do
900
65
*80
66 O
A-
Manhattan
Manhattan Beach Co
Marietta A Cincinnati, 1 st pref
Do
2d pref
Do
Do
St. Paul A Duluth
Do
St. Paul Minneap.
94
63 0
27
89 34
25
2G
35 0 37
27
27
135
1360
99*4 101
Louisiana A Missouri River.
Do
25
’
Do
pref
Houston A Texas Central
Illinois Central
Indiana Bloom’ll A West., new.
International A GL Northern..
Joliet A Chicago
Keokuk A Des Moines
Do
pref..
Lake Erie A Western
Lake Shore
Do
Louisville A Nashville
Louisville New Albany
64*4
25
’39” ’ 40 *4
41
Danbury A Norwalk
Hannibal A St.
900
26 Vj
37
63*8
i()9 0 112*4 i‘0’934 m”*4 ioso iioo 1070
Cleveland Col. Cin. A Ind
Cleveland A Pittsburg guar....
Columbus Chic. A Ind. Central.
Delaware Lackawanna A West.
Denver A Rio Grande
"920
*28
137 0 1370
Chicago & Alton
67
67
43
..
2 v2 Apr. 13
5
3 137 7s June20
19 94 J une 20
6
75
4 142
4
23
5
7
3
8830
81
32
53*2
92 %
60
30
25
102
147
62
27%
107*2 146
4 *8
*2
77*2 116*2
50
Junell 42
June 18 100
5
8v>
1 *4
5 v2
7
May 23
55
42*2
39 %
39
30*8
M ay 27
June 10
J uly
7
j uly 7
Feb. 17
534 May 26
7
4
7
Feb. 14
June 3
Jan.
3
Jan.
8
5*4 Feb. 9
Apr. 13
7
55
118
June 7
Jan. 15
9*4 Jan. 4
8*4 Feb. 7
9
Apr. 22
0
i Lowest prico is ex privilege.
51*4
June 18 10GV2 122
88hi May 23 54
6684
J uly
Apr.
80
11334
26 v2 48
5 140
June
J une
June
Jan.
June 4
Feb. 21
Feb. 18
Ian.
3
47%
434
27
3934
24*4
78V
34
”21*2
70
25*8
25*a
35
6 34
THE CHRONICLE.
120
QUOTATIONS OF STATE AND
RAILROAD BONDS AND MISCELLANEOUS
Alabama—
Class A, 2 to
X. Carolina—Gs,
Michigan—
Gs, 1883
7s, 1890
5,1900....
......
Missouri—
Class C, 2 to
4,1900
L00
6s, 10*20s, 1900
Arkansas—
Gs funded
«7u
T
1899-1900
Uni'lf ai- Ft
.
109%
17
ias
S
15
13%
13%
13%
7s, L. R.P.B.itN.O. RR
7s, Miss. O. &R.R.RK.
7s, Arkansas Cent. RR.
104
112
Connecticut—Gs, 1883-4..
Funding. 1894-’95
Hannibal it St. Jo., ’86.
Do
do
’87.
10
110%
110%
1887
Railroad Bonds.
j
(Stock Exchange Prices.)
|
112
AND MISCELLANEOUS
BONDS
1 132
I
Land grant bonds, Gs.
West. Pae.—Bonds, Gs
100
j
1st, consol., fd. cp.. 7s.1 *
98
2d, consol., fd. cp., 5s.
Fl’tit P.
I
Gal.Har.it
113
109
109
Marq.—M.Os, 1920;
S.Ant'o—lst.Gs
1st, La Gr. Ext.. 6s,1910
109%
2d mort., 7s, 1904
So. Pac. of
......
Sinking funds, 8s,
......
Collateral trust, Gs
Kans. Pac.—1st, 6s,’95
1st m., Gs, 1890...'...
Den. Div.,Gs,ass’d,’99
1st cons., Gs, 1919...
Cent. Br.
|
ki
(504), 7s, ’94
2d m. (3G0), 7s, 1898..
2d. guar. (188),-7s, ’98.
Miss.lt.Br’ge—1st,s.f. Gs
C. B.&Q.—8p.e., 1st m.,’83
1st,
guar.
i
!
Income and
Gen. mort.,
i
7s, ’95.
A toll.C.&P.-1st,6s, 1905
! 120
120
j
107
100
131
106%'
i
......
109
132
112
135
C. M. & St. P.—1st,8s,P.D.
2d m., 7 3-10, P. D., 1898 *123
1st m.,7s,$g.,R.D.,1902
1st m., LaC. Div., 1893.. 125
1st m., I. & M., 1897.... 120
1st in., I. & D., 1899 .... 120
1st in., C. & M.. 1903-... 122
Consol. 7s, 1905
*108
2d mort., 7s, 1884
114
i
/.. i
93 %:
85
j
.
......
83
|
•
ii2%
i
j
j
Mich. So. & X.I., s.fil, 7s 111% 112
i
Tex. & Pae.—lst.Gs,1905
Cleve. & Tol.—Sink. fd.. *110%
110
Consol., Gs, 1905
New bonds, 7s, 1880..
Income & I’d gr., reg:
117
...j
Cleve. P. & Ash.- 7s—
1st,Rio G.Div.,Gs, 1930
123
Buff. & Erie—New bds.
Pennsylvania ltll—
Buff. & State Line—7s..
115
Pa. Co’s guar. 4%s 1st c.
Kal. & W. Pigeon—1st .
Registered, 1921
DetAr.it T.—1 st ,7s, 1906
Pitts.Ft.W.& Cli.—1st m
Lake shore—Div. bonds *120
131
2d mort., 7s, 1912
Consol., coup., 1st., 7s 129
129
3d mort, 7s, 1912
Consul., reg., 1st, 7s... 129
Clew
& Pit tsb.—Cons., s.f
Consol., coup., 2d, 7s.. 120% 127%
4tli mort., Gs, 1892
12G
Consol., reg., 2d, 7s ...
Col. Cli.& I. C.—1st, cons
Louisville. & Nashville—
J
I
......
1
Do
registered
-
j,:
H3
118
i
3d
118%;
117%'
|
iSiul!-
131
%
!
108
116
'
!■<
114
12G
......
pref. debentures
.Y. Pot O.—1st inc.ac.5-7
.O. Mot Tex.—Deb.Bcrip
!iio Cent.—Incoiuo, 1920
liio So.—2d Inc., (Is,1921
130
i
..
| 114 %• (
113
109
108
110
j
Evansv. Div.—lnc.,192(1f
loch, it Pitts.—Ine., 1921
t. Louis I. Mt. it So.—
1
103% 104 K
II103%
112% 115
107 % 108%:
i 123
l!
ij
.
.
.
.
t.L.AotT.JL—Div. b’nds
1
.1
U5
*112
•ol.Del.it B.—Inc.Os,1910
Davtou Div.—Os, 1910..
j;I!
108
'ex.&St.L.—L.g.,ine,1920
90
j Miscellaneous List.
j
,
104
(Broker's
io7%i!
Ill
102
—..
-
102
t
j!!
!
2d, 7s, 1887.
Laf.—7s, ’97
7s, 1SS8
1
138
......
Ind. Cin. it
'
I
Col. it Hock.Val.—1st,
2d mort., 7s
*102
*125
Col. it Toledo—1st m.,
2d mort.. 7s
*112
1909
1st, Tr’t Co. ctfs., ass’d
2d, Tr’t Co. ctfs., ass’d
Quotations.)
lost. Ilartf. it E.—Stock.
hic.it Can.So.—1st, g.,7s
liic.it S’west.—7s, guar,
in. Ind. St. L. it Chic.—
1st mort., Os, 1920
Cin. it. Ind.—1st, 7s, ’92.
79%:
99 %!
79%
99 %
2d coil., 7«,
-i-• -
i
B.Coal—1888)
1.—Inc.7s, ’09
......
*123
j
Consol., 7s, 1898
j
2d mort., 7s, gold, 1883. 100%
111X,
111%
Br’eh—7s,
Ceciliah
1907
......
......
......
r
......
......
small
1-J
3-Os, class C, 1906
3-Os, class B, 1900
1st, Gs, Peirce C. & 0.
Equipment, 7s, 1895..
So. Pacific of Mb.—1st m
I
Lake Shore & Mich. s.—
5s, sinking fund, 1901..
C. R.I.& P.—Gs,coup.,1917 127 ^ 128 1
'130
*
4>s, 1917, registered
|
Kep.it Des M.—1st, g.,5s 108
124 |
C ntral of N.J.—1st m.,’90 121
117%
1st consol., assented, ’99
illS
Conv., assented, 1902...
107%
100%
Adjustment. 7s, 1903...
Len.itW B.—Con.g'd.as.
Am. Dock & Iiu.—Ass’d.
105%!
104
Indianap.D.it Spr.—1st,7s *110
Int.it (it.No.—1st, Gs, gold 112
1
......
103
Consol mort., 7s, 1903..
1st mort., 3-4-5-Gs, 1909
2d mort., 3-4-5-Gs, 1909.
!
At. Jew. Co.&W.—lst.Gs
Utah So.—Gen., 7s, 1909
Mo. Pac.—1st consol.. Gs
3d mortgage, 7s, 1906.
Pacilie of Mo.—1st, Gs ..
2d mort., 7s, l89i
St. L.& S.F.—2d, Gs. cl.A
i
......
Ced. F. &
|
1
......
.....
Minn.—1st m. *
Ind. B1.& W.—1st, pref., 7s 125
_!
1
120
119
1915
indemu’y,7s *100
103
Gs, 1921
1 Ill.Cent.—Dub.it 8. ('., 1st’ *103
l
Dull. & 8. C., 2d Div., 7s 100
| io?
114 %115
i-jo
2d, Waco & X., 8s,
1
.....
Ut Pac.—1st,Gs
Funded coups.,
■
I
‘93
Registered18s, 1893...
......
Do
I
Gs. i’()7%!
Union Pacific—1st mort.
Land grants, 7s, ’87-9.
'
1908.
Cal.—1st,
.
.....
1
SECURITIES.
7s.
......
:mm\\
: i
......
......
Ind.—1st, 7s
'Gr. It a i )ids it
1st mol t., 7s, guar
......
123+4 I
123-
......
......
114'
7s.
104
Ex-land grant
1st,Tr’t Co.ctfs.,suppl.
N.O.&Mob.—lst,6s,1930
1
St.L.V.&T.H.—lst,g.,7s
Stock
E. H. & X.—1st, Gs, 1919 io2
2d
107
;i
mort., 7s, 1898
ndianap. itVinc.—1st, 7s
12 5 %
GenTmort., Gs, 1930..
2d m., giinr., 7k. 1898.
mort.. Os
2d
1 Pensacola Div—Gs,1920
,'i Kansas
98
Rome W.&Og.—Con., 1st.
it N.eb.—1st mort..
! ! St. L. Div.—1st, Os. 1921 *105
128
1st, 7s, I.& D. Ext., 1908 t
ios
! 2d mort
GO %
!Roch.& Pitt.—1st,Gs,1921 105
'
110 J
2d mort., 3s, 1980
S. W. Diw, 1st, Gs, 1909.
107% ;
! ! Rich.& All’g.—1 st,7s, 1920
(Long Island—1st mort.. .
95
Xasliv. & Dec.—1st, 7s. .118
95%
1st, 5s, La.& Daw, 1910.
108
II
Scioto Val.—1st, cons., 7s.
2d mort
1st S, Minn. Div.,Gs,1910 106% 107
j S.& X.Ala.—S.f.,0s,1910
125
!| Stock
St. Louis & I. Mount.—1st 120
118% L. Erie & W.—1st, 6s,1919
1st m., II. & I)., 7s, 1910 t
113%
113%
2d mort., 7s, 1897
lidlaml of N.J.—lst.new108%'
Ch.it Pac. Div., Gs, 1910
Sandusky Div., Gs, 1919. 105% 100%
114
i
Arkansas Br.—1st mort. 112
Income, “A”
97% 99 i Laf. B1.& M.—1st, Gs, 1919 106% 100%
1st Chtc.it P.W..5S.192I
114
1
113
Cairo
&
Fulton—1st
in..
107
i
Income, “II”
99% Louisv.X. Alb.&C.—1 st.Os *100%
Min'l Pt. Div., 5s, 1910. *
112
i
*...:..
1
!
Cairo
&
Ark.
T.—1st
m.
Stock
Manhat.B’ch Co.—78.1899 *100
& X.west.—S.f, 7s, 1885 fl!2%
93
90
i
l.g.,5s,1931..
Gen.c.r’Vit
10G
L
J. So.—lilt, guar.,Gs.’99
%
X.Y.& M.B'li—1st,7s,’97
Interest bonds, 7s, 1883 100%
I LY.&G’uw’d L.—1st,7s,n
j St. L.Alton & T.H.—Lst m.
Consol, bonds, 7s, 1915.. 134% 13G j Marietta & C’in.—1st, 7s..
ii 2d mort
2d mort., pref., 7s, 1894.
1st mort., sterling
Extension bonds, 7s, ’85
UO
2d mort., income, 7s, ’94 *
|1 |St. Joseph & Pac.—1st m.
113%' 114%! Metrop'lit’n El.—1st,1908 *99% 100
1st mort., 7s, 1885
Bellevill'e&S.Ill.—1st m.
so
mort
*88
! i
2d limit., Gs, 1899
Coupon gold, 7s, 1902.1. 120%
112
l! t.2d.Tos. it West-’n—Stock,
+108%
St.P.Minn.& Man.—lst,7s
130
12G
127
Mich. Cent.—Con. .7 s, 1902 128
Reg., gold, 7s, 1902
110
i
2d
1
mort., Gs, 1909
outli Side, L. I.—1st, 7s.
no%! 1st mort., 8s, 1882, s. f..
Sinking fund, Gs, 1929.. 110
! Dakota Ext.—Gs, 1910.. 108 109 j
no
110%'
Sinking fund, reg
Equipm’nt bonds, 8s,’83
110%
i
iTex.Cen.—lst,s.f.,7s,
1909
li Central—1st mort..
Iowa Midl’inl—1st in., 8s *129%
Gs, 1909
97
l
j!Utah Southern—1st mort.
105%! Tol. Del. & Bur.—Main. Gs
Galena & Cine.—Exten. *104
;
Coupon, 5s, 1931
1
1
lst, Davt. Div., Gs, 1910
i\Vis.Cent.—1st series, new
j
Peninsula—1st in., conv.
Registered, 5s, 1931....
2d series, new
lst, Ter’l trust, Gs, 1910
Jack. Lan.it S-Gs, 1891
Chicago & Mil.—1st m.. 125% 127%'
i
99%
W. St. L. it P.—Gen. m., Gs
101
J Mil.&Xo.—lst.4-5-Gs.19lO
M inoua & St. P.—1st m. *105%
98%
107
Chic. Diw—5s, 1910
1 Alii. L.S.&W.—1st Gs, 1921
Pi3*!!Southern Securities
2d mort., 7s, 1907
*122
.+
105 |
Haw Div.—Gs, 1910
92% 93
(Broker's Quotations.)
127 I Mo. K. & T.—Gen.,con., Gs
C. C. C.& Iml’s—1st,7s,s. f. *
*
I
111
Tol.P.&W.—1st, 7s,1917
STATES.
Consol, mort., 7s, 1914.. *122%
Cons., assented, 1904-0. ll()i..
108
Wabash—Mort.
7s
of
’09
82% S2%
2d mort., income, 1911..
1 So. Car.—Consol. Gs(good)
C St.L.&N.O.-Ten.lien,7s 113
i
113
112
Tol.
&
W.—lst,
ext.,
7s
113
! H. & Cent. Mo.—1st,’90. t
1st m., con., 7s, 1897
l
Browne, consol
1st, St. L. Diw, 7s,1889 113%
112%
C. St. P.M .& O.—Cons., Gs 103% 103% Mobile & O.—New in., Gs.
Virginia—New 10-40s....
112
2d mort., ext., 7s, ’93.. *109
119
ii8
IXash.Chat.it St.L—1st, 7s
C.St.P.&M.—1st.Gs,1918 *112%
.RAILROADS.
Equipm’t bonds,7s, ’S3
*105
No. Wise.—1st, Gs, 1930.
2d. Gs, 1901
Atl. it Gulf—Consol.7s,’97
115
iosConsol., conv., 7s,1907 112
X. Y. Central—Gs, 1883
St.P.&S.C— 1st, Os, 1919 112
i
.tl.it Charlotte—1st, 7s..
Gt. West.—lst, 7s, ’88. *113
10*9 no
no”
Chic.it E. Ill.—1st,s.f.,cur. 109
Gs, 1887
1 Income, Gs
2d mort., 7s. 1893 ... 1 12 ri
no
*
Del. L. & W.—7s, conv. ’92
Gs, real estate, 1883
1 Stock
104
Q. & T.—1st, 7s, 1890. *110
125
Mort. 7s, 1907
Gs, subscription, 1883..
IC'ar. Central—1st. Gs, 1923
Ill.itS.L—1st, 7s,1882 *103
124
126
X. Y. C. & II.—1st m.,cp. 130% 131 %
Cent. Ga.—Consoi. m., 7s
Syr.Biug.it
N.Y.—1st,7s 114 150
Han.& Naples—1st, 7s
1
130%
Morris & Essex—1st m.
1st mort., reg., 1903
114
Stock...'
St. L. K.C.it X.—It.e.,7s *
120
2d mort., 1891
Huds. It.—7s, 2d, s. f.,’85 *109
Cliarl’te C.itA.—Consol. 7s
Om.Div.—lst mort., 7s 117%
99% 100 i
Canada So.—1st, int. gu.
Bonds, 7s, 1900
*120%
2d
104
mort., 7s..
Clariuda Br.—Gs, 1919 *
...
16 7a
......
*
Funding 5s, 1899
1
..
10G
73% 76
< o %
73
70
73
42
37
37
37
121
81% S3 %
45
Columbia—
3-G5s, 1924
Small bonds
Registered
1
114
uen. Pacific.—Continu’d
State Aid bonds,7s,’84
J
N. Y.L.E.& W.--New2d,0; *100%'
1
Chicago & Alton—1st in.. *118
102
Income 7s, 1883’
J
i
|
......
2d inert., 7s, 1900.....
St. L. Jack.it Cli.—1st m
...
1
•
new,
new,
1 District of
90
88
112%
_
La. & Mo.—1st m.. guar.
8%
8%
7 %'
'
Rhode Island—
Gs, coupon, 1893-99
......
Erie—Continued—
i
Ruff. X. Y.& E. —1 st, 191G1
|
+105%
Sinking fund, Gs, 1903..
Joliet & Chicago—1st in.
8%:
6%
0%
Ohio—
Balt.&().—1st, Gs. Prk.Br.
! 78%
Bost. H. & E.—1st mort..
Bur. Ced. R.& No.—1st, 5s 101% 102%
J 120
1
1 Gulf Col. & S. Fe—7s, 1909
Miun.it St. L.—lst.Ts.gu
1
| Han. & St. Jos.—8s, conv. 112 | 113 1
Iowa C.& West.—1 st, 7s'
i Houston & Texas Cent.—
C.Rap. la.F.it N.—1st,Os *105 !
112
111
1st mort., 1. gr., 7s
Central Iowa—1st, 7s, ’99 JUG
1
i
!
1
1st molt., West. Div., 7s 110
Clieasp. & O.—Pur. m’v fd.
j
*114 I
88
:
87
&
X.,
molt..Waco
1st
7s
6s, gold, ser.-B, int. def.
i.32%;
59 V 59%
2d, consol., main line, 8s
6s, currencv, int. def ...
1
j
1
6s, gold, series A,
G%
G%
Consol. 4s, 1910
Small
1800
1807
consol, bonds
ex-matured coupon..
-Gs, consol., 2d series
Gs, deferred
Gs,
Gs,
Gs,
Gs,
m\
0 I*.
9
103
Gs, new series, 1914
Virginia—Gs, old
15
15
oo
class 2
class 3
Do
Do
......
13
22
Special tax, class 1, ’98-9
......
Brown consol'd Gs, 1893
Tennessee—Gs, old, 1892-8
Gs, new, 1892-8-1900....
1
,
>
Ala. Central—1st, Gs, 1918
Atch. T. & S. Fe—4 %,1920
125
13
—
Gs, Act Mar. 23, I860?
non-famiable, 1888.. s
......
:!
RAILROAD
fit:
■S?!
off, J.itJ.
off, A.&O.
Do
A.&O.!
Chatham RR
Gs, loan, 1891
Gs, loan, 1892
Gs, loan, 1893
G8+-,
coup,
coup,
145
145
125
Funding act, 1860-1900.
Do
1808-1898.
New bonds, J.&J., ’92-8
......
ds, loan, 1883
G7
04
7s, small
Gs, gold, reg.,
1
111 %
111%
119
Ii'misiana—
Do
......
110
111
112
114
116
New York—
•
T
Do
102
Gs, due 1882 or 18S3
Gs, due 1880
Gs, due 1887
Gs, due 1888
South Carolina
40
40
36%
36%
old, J.it J.
Gs, old, A.ifcO
No. Carolina lilt., J.itJ.
Do
A.&O
......
Ask.
Bid.
SECURITIES.
Ask.
Bid.
SECURITIES.
Ask.
Bid.
SECURITIES.
Ask.
Bid.
SECURITIES.
BONDS.
STATE
SECURITIES.
[Vol, XXXIII.
:
124
118
108
80
1*22*’
105
25
......
......
.
.
■
...
-
-
-
......
.
i
......
......
......
......
......
......
......
„
.....
_
......
_
......
......
.....
......
......
.
-
-
-
-
......
...
......
...
......
118+6:j
■
'
......
......
...
..
'
1
•
......
.
.
..
—
Harlem—1st m., 7s, op..
130
125
124
1st m.,consol., guar..7s
Del.&Il.C.—l stm.,7s, 1884 *100%
1st mort., 7s, 1891
7s of 1871-1901
I
......
1st
1
mort., 7s, reg.,1900
St.C’.B.—lst,
7-8s,l908
102%
122%
No. Missouri—lst, 7s.
jN. Y. Elev’d—1st. 7s, 1900 115% 115%
West.U. Tel.—1900, coup. 120
iN.Y.Pa.&O.—Pr.l’n,Gs,’95
121--! Georgia Railroad—7 s —
120
1900, reg
94
94%
1st mort., ext., 7s, 1891.
X.Y.C.& X.—Gen.,Gs,1910
Spring Vai. W.W.—1 st, Gs *110
1st mort., coup., 7s, ’94. *120%
X.Y.& New Eng.—1st, 7s.
Stock
!
Oregon It It. &X a v.—lst.Gs 108
1st mort., reg., 7s, ’94... 1
1st in., Gs, 1905
Memph.itChar.—1st,
cons.
*103
Nevada Cent.—1st m., Gs.
1st, Pa. Div., op.,17s, 1917 *127
INCOME BONDS.
1st, consol., Tenn. lien..
104%
j X. Pac.—GJ.gr.,1st con.Gs
•*128
Reg., 7s, 191V
Miss. Central—1st m., 7s.
I
(Interest payable if earned.)
Alb. & Susq.—1st m., 7s 112
Registered Gs, 1921
2d mort., 8s
J
100% Ala. Cent.—Inc. Gs. 1918.
2d mort., is, 1885
N. (). Pac.—lst.Gs,g., 1920
'*106%
99% X. O. it Jackson—1st, 8s.
95
of X. J.—1908
Central
107%
Xorf.it
W.—G.l.
m.,
Gs.
1931
1st,eons., guar.7s,19O0 | 120
Certificate, 2d mort., 8s.
120
Cliic.St.L.&X.O.—2d,1907
Reus. & Sar.—1st, coup. 135
Ohio & Miss.—Consol, s. f.
Northeast.,S.C.—1st m.,8s
70 % 78'
('ol.Cliic.it I.C.—Inc.7 s,’90
1st mort., reg., 1921 .. 135
I! Consolidated 7s. 1898... *120
2d mort., 8s
125
Cent, la.—Coup.deb.certs.
1 2d consolidated, 7s, 1911 122
Denv. & Rio Gr.—1st,1900 118
119
Port Royal it Aug.—1 st,Gs
1 IS+4 (Oiie.St.P.&M.—L.g.me.Os
115% 116
! 1st m., Springfield Div.. t
1st, consol., 7s, 1910
Rich.it Dan.—1st, cons.,Gs
Chic, & E. Ill.—Inc,, 1907
Denv. 80.P.& Pac.—1st, 7s 109
109% [Ohio Cent.—1st, Gs, 1920. 100% 101
Stock
E.T.Va.&G.—Inc.,6s,1931
98%
E. 1. \ a.&Ga.—1st cons. 5s
90
! 1st m., Ter’l Tr., Gs, 1920
South w. Ga.—Conv. 7s, ’8G
95
90% 1 nd. Bl.itWest.—Inc.,191il
Erie—isc mort., extended. 1
'Ohio So.—1st M., Gs, 1921.
133
Stock
75
no
Ind’s Dec.&Spr’d—2d inc. *
2d mort., ext’d 5s, 1919 *109
Panama— S.F. sub.Gs,1897 *
S.Carolina RR.-l st m., 7s
Trust Co. certificates...
112
t
Dec.
3d mort., 7s, 1883
110
Peoria
&
Ev.—1st,
Gs
1
Stock, assessment paid.
109% Int. & Gt, North.—2d Inc.
4th mol t., ext’d, 5s, 1920 1 110
! Evans. Div.,1st, Gs, 1920
101
7s, 1902, non-enjoined ..
2d assented, Gs, 1909— ioo
1
5tli mort., ext., <s, 1888. l
! Pac. lilts.—C.Pac.—G.,6s. 116 %
Non-mort. bonds
77
Lake E. &W.—Inc, 7s, ’99
112
San Joaquin Branch..
1st,consol., gold, 7s,1920| 130 1132
70
Western, N. C.—1st, 7s...
68
Sand’ky Div.—Inc., 1920
1
Cal.& Oregon—1 st in.. 107%
Long Dock bonds,7s, ’93 *123
*
Prices nominal.
* No pnee Friday—these are latest quotations made this
tJAnd accrued interest.
ii7*i
......
______
i
I
Stock
Chic.St.L.it X.O.—New os
121% E. Tenn.Va. it Ga.—1st, 7s
......
<-.....
.
......
—
......
115
109%
95
78
102
120
120
110
106%
56
107
120
120
112
175
120
110
112%
115
120
......
......
......
......
......
......
...
......
110
107
105
..
......
.....
......
.
.
week.
50
127
80
109
July 30,
CHRONICLE.
THE
1881.]
Quotations in Boston, Philadelphia and Baltimore.
New York Local Securities.
Insurance Stock List.
St.
Bank Stock List.
Street.]
Price.
Price.
Companies.
Par.
COMPANIES.
Par.
Bid.
Bid.
Asji.
Ask.
lOu
100
100
25
25
100
100
25
100
25
100
100
100
100
25
25
100
100
100
100
80
50
75
100
100
25
Bowery
Broadway
Butchers’ & Drov’rs’
Central
Chase
Chatham
Chemical
Citizens’
City
Commerce
Continental
Corn Exchange*....
East River
Eleventh Ward*....
Fifth
Fifth Avenue*
First
Fourth
.
Gallatin
German American*
German Exchange*
Germania*
Greenwich*
Hanover
100
Imp. and Traders’..
Irving
Island City*
Metropolis*
100
50
50
100
50
100
100
25
50
25
100
50
50
100
Metropolitan
100
Leather Manut’trs’
3fanhattan*
Marine.
Market
Mechanics’
Mechanics’ Assoc’n.
Mechanics’ & Tr’drs’
Mercantile
Merchants’
Merchants’ Exch’ge
American
American
i.28
•
•
•
.
•
•
•
....
•
Oriental*
Pacific*
Park
People’s*
Plienix
Republic
.
Third
Tradesmen’s
Union
United States
West Side*
100
Howard
Continental
Empire City
Exchange
Farragut
....
....
.
...
German-American..
Germania
....
101
....
....
....
....
....
....
.
.
•
•
1
•
•
•
•
-
•
•
•
.
•
•
.
•
•
•
•
•
•
....
....
•
•
120
•
•
•
•.
Firemen’s
Firemen’s Trust
Franklin & Emp....
...
Greenwich
Guardian
Importers’ & Tr’d’rs
Irving
Lafayette (Br’klyn).
90
•
•
•
•
•
.
....
•
....
....
.
...
•
•
.
.
-%
-
•
156
....
....
....
.
105
•
•.
•
....
....
....
....
....
,
.
120
101%
....
....
.
•
•
•
•
•
•
•
4
....
.
...
•
•
4
,
....
....
....
....
•
•
•
....
150
....
.
.
•
•
...
•
•
•
•
•
•
...
•
-
•
1
•
-
.
.
.
Manhattan
Mecb. & Traders’...
100
25
50
50
50
50
50
Mechanics’ (B’klyn).
Mercantile
Merchants’
Montauk (Brooklyn)
Nassau (Brooklyn)..
National
New York Equitable
New York Fire
New York & Boston.
New York City
North River
Pacific
Park
Peter Cooper
People’s
Phenix
Relief
Republic
Rutgers’
Star
.
Sterling
•
•
Stuyvesant
....
.
100
Standard
.
•
Manufac’rs’* Build.
.
.
,
t
C
•
....
....
....
.f|#
‘300
'Tradesmen’s
United States
Westchester
Williamsburg City.. 1
70
145
165
85
.
210
75
120
70
Cheshlrepreferred.
150
Chic. & W. Michigan
115
170
Cln. Sandusky & Ulev
Concord
130
Connecticut River
90
130
Conn. & Passmnpsic
Eastern (Maes.)
114
Manchester & Lawrence....
Mar.
Mar.
210
120
140
95
80
Nahsuafis Lowell
110
140
....
Dy ueorge
Gas Companies.
Par.
25
20
1,C00
Harlem
50
20
50
100
V*r.
100
Jersey City & Hoboken
Manhattan
certificates
Mitual.N. Y
bonds.
Nassau, Brooklyn
scrip
New York
..
....!!!!
People’s (Brooklyn)
Bonds
Bonds
Central of New York
Var.
100
10
1,000
Var.
50
50
Williamsburg
do
•
2,000,000
Var.
1,200,000 Var.
A.
& O.
315,000
5
1,850.000 F.&A.
7
3
750,000 •J.&J.
4,000,000 J. & J.
2,500,000 M.& S.
1,000,000 M. & S.
5,000,000 iQuar.
1,000 1,000,000 F.& A.
25 1,000,000
Var.
Metropolitan
ao
do
1
Bid. Ask.
*
bonds
1,000
Metropolitan, Brooklyn
Municipal.
bonds
do
100
100
....
„
Fulton Municipal
100
700,000 M.&N.
4,000,000 M.&N.
1,000,000 J. & J.
375,000 M.&N.
125,000 Var.
466,000 F.& A.
1,000,000 Quar,
1,000,000 A.& O.
1,000,000, M. &N.
3,000,000;
750.0001 M. &N.
1
1,500,000!
Apr., *81 120
2% Aim., ’80 52
is§s
Feb.
7
Jan.,
7
Ap’.,
6
Feb.,
3% Feb.,
1% July.
’78
’31
VI
’81
’81
’ol
123
54
105
84
150
193
xl48
xioc
70
100
62
95
102
1882
2X Dec. VO
3% May, *8!
4
May, ’81
Jan., ’76 33
1997
101
7
6
1900 &C 80
’80
00
3
July,
2
July. ’81 60
6
101
1900
2% July, ’81 63
5
June, ’81 175
6
1888
105
....1
...1 65
107%
200
150
106
71
104
64
100
104
40
105
)
90
65
65
104
65
176
110
70
•
Bleecker St. & Fult. Ferry—St’k
0OO,OOO; J. & J
1st mortgage
1st mortgage
694,000 -1. & J
2,100,000! Q-J
av.—St’k
1,500,000 J7&D
Brooklyn City—Stock
2,000,000 Q—F.
300,000 M.&N
200,000 Q-.T.
400,000! A. &O
1st mortgage
Broadway (Brooklyn)—Stock
Brooklyn & Hunter’s Pt.—St’
.
.
1st mortgage bonds
Bushwick Av. (B'klyn)—Stock.
Central Pk. N. & E. Kiv.—Stock
Consolidated mort. bonds....
Christopher & Tenth St.—Stock
300,000|J. & J.
500,000'J. & J.
1,800,000 Q—J.
1,200,000 -1. & D.
650,000; F.& A.
250,000 J. & J.
1,200,000! Q-F.
900,000; J. &D.
1,000,000 Q—J.
203,000 J. & J.
748,000 M.&N.
236,000 A. &O.
600,000 j
200,000) M.&N.
Bond's
Dry Dock E.B.& Batt’ry—Stock
1st mortgage, consolidated
..
Eighth Avenue—Stock
1st mortgage
42d St. & Grand St. Ferry—St'k
1st
mortgage
Central Cross Town—Stock
1st mortgage
Houst.West St.& Pav.F’y—St’k
1st mortgage
Second Avenue—Stock
Extension
Sixth Avenue—Stock
1st mortgage
Third Avenue—Stock
1st mortgage
Twenty-third Street—Stock.
__Ist mortgage
July, ’Si! 23% 26
J’ly.1900; J13
115
July, ’PI 132 135
June ’84 103% j 106
Aug., ‘81 200
205
110
Nov., ’80 102
July, ’811160 170
July, ’Si 100
1888
; 102%
July, ’31,100
July, ’81:122
102%
99
90
77%
119
150
co
do
ao
120
155
20%
Dec.1902; 113
Aug.,’81 90
1898
ill»0
Aug.. "SI 190
June, ’93
July, ’81
Jan.. ’84
May, ’81
1,199,500; J. & J.
July. ’94
2% July, 81 105
130
112
1,050,000; M.&N.
200,000, M.&S.
Sent. .’831106
........
600,000J F. &A.
250.00!)!
M.& N.
Apr., ’85110U |JL02%
Oct., ’80; 107% *110
Feb., '811250
July, *90,110
May, ’81 180
July, ’90112
Aug 811145
22%
—
260
Ho
,
May. ’931105
stocks, but the date of maturity ofbonds.
•
•
*
63
•
••«
02
125
do
....
103%
Too
36
....
Texas & Pac. 1st m.,6s,g.,l9C
do
Rio Grande D v 1
do
cons. m.,6e,g.,1905
lnc.& 1. gr.,7s 1915
do
Union* Tliusv. 1st m. 7s, ’90.
United N. J. cons. m. 6s,’94..
Warren & F. 1st in.7s, ’96
West Chester cons. 7s, ’91
do
do
do
109
22%
61%
60%'
Dilnehlll
i
22%
CANAL BONDS.
61%i
55%;'
I
50
90
....
••••
In
90
22%
29%
68, exempt, 1SS7
do
6s, 189U, quarterly..
do
5s, quarterly
Baltimore 6s, lSSl, quarterly. 106
do
6s,‘.8S6, J.& J
do
6s, 1890, quarterly...
do
6s, park,1890,Q.—M.
do
68,1893, M.&S
68,exempt,’93,M.&S.
i
...
6s, 1900, Q —J
68,1902, J. & J
5s, 1916, new
.«••••.
64%
!
29% Norfolk
water, 8s
RAILROAD 8TOCK8.
Phlla.Wilming. & Baltimore.
St.Paul* DuluthR.R.Com
do
do
pref.
United N. J. Companies
Par.)
Balt.* Ohio
100
do
1st pref
do
2d pref.
do
Wash. Branch. 100
do
Parkersb’g Br. .50
Northern Central..
50
Western Maryland..
5u
Central Ohio
50
.
Atlantic
Delaware Division.
40
45%
45%
16
pref...
Susquehanna
RAILROAD BONDS.
Allegheny Vai.,7 3-10s,1896... 12 3
do
78, E. ext., 1910 120
do
Inc. 7s, end.,’91
BelvidereDela. 1st m.,6s,1902.
124
m. 6s. ’35..
in. 6s, ’37..
Camden itAui.i 1 a,>.uup,
do
Os, co
".
mort. 6s.’S9
do
Cam. & Atl. 1st m. 7s, g., 189S
do
2d m: cur. 7s, ’.379..
Cam. & Btrllngton Co. 6s,’97.
iiox
112
6s,cp.’9o. ioo
P.B.,’96.
Maryland 6s, defense, J.& J... 105%
ao
60
64%
Lehigh Navigation....,
Pennsylvania
119*
....
6s, cp.,’96.
7s,’99
cons. 6s, 1909
W. Jersey* Atl. litm Ss, cp.
jiio%:
Norfolk & Western, pref......
do
do
com....
Philadelphia* Erie
Pnlladelphia & Reading
Philadelphia & Trenton
no
BALTIMORE.
Lehigh Valley
Little Schuylkill.
Pennsylvania
Pennsylvania
i04%
...!
Pennsylvania 6s,coup., 7910..
pref.
North
• • • •
1st m.
1st m.
Schuylk. Nav.lst rn.6s.rg.,’97.
do
2d m. 6s. reg., 1901
Huntingdon* Broad Top...
In default.
•
West Jersey 6s, deb,,coup.,’80
Elmira & Williamsport
do
do
pref..
Har. P. Mt. Joy & Lancaster.
*
01
74
:>up. off, 1893
Lehigh Naviga. m.,6s, reg.,’84
do
mort. RR., rg ,’97
H6%
23
do mort. gold, ’97
120
do cpns. iu.7s, rg.,1911 110%
58%i
57
Morris, boat loan, reg., 1885.. Ioo
do
pref
new pref
do
Delaware & Bound Brook....
East Pennsylvania
2d
*94%
Chesap. & Dela. 1st 6s, rg.,’86 1C
6%
Cutawlssa
3d
....
...
scrip, 1884
conv. 7s, R. C., 1893'
Western Penn. RR.
do
6s
Allegheny Valley
& Western
pref.
Camden & Atlantic
do
ao
pref
do
••
•
syra.Gen.* CornV,1st,76,191)5
RAILROAD 8T0CKS4
60
•
Sunbury & Erie 1st m.7s, ’97..
07
do 6s,n.,rg.,priorto’95
do 4s, various
do
c
127
i27
iVo%
6s, 15-25, reg., t882-’92. 101
4s, reg., 15S4-1904
Philadelphia, 5s reg
Schuylkill Navigation
do
•
125
m..7s,cp.
Steubenv. & Ind. 1st, 6s, 1884.
Stony Creek 1st m. 7s 1907—
Sunb. Haz. & W.,lst m.,5s,’2S.
2d m. 63. .933..
do
CANAL STOCKS.
iio
•
....
do
7s, coup, off,’9:
Phll.&R.Coal&lr’n deb.7s.92*
do
deb. 7s. cns
do mort., 7s, 1892-3
!Phlla. WTilm. & Balt. 6s, ’81....
do
116%
Chesapeake & Delaware
118
120
,
do
West Jersey*
cons.
108%
....
,
Penna. 5s, g’d, int.,reg. or cp.
do
5s, reg., 1532-1892
do
5s, new, reg., 1892-1902
do
68,10-15, reg., H77-’S2.
do
iio
...
do
do
ieg. ,191:
do cons.m.6s,g.iKi;i9ll
do lmp.m.,6?,g„ U. 139'
do gen. m. G*. g., C.U0
do In. m.,7s,coup.,’.896
do deb. coum, 1M>3*...
137%
pref
do
do
01
7LX
IC‘8
do
cons. mort. 6s
po
do
5s
Phlla. Newt’n & N.Y.. 1
Phil.* R. 1st m. 6s,ex. dm
do
do
do
2d m.t 7s, c
35b;
103
West Chester consol, pref....
West Jersey
60
110
750,000 • .M.&N.
500,000 J. & J.
2,000,000 Q-F.
2,000,0001 J. * J.
on
|
Nov.iWM
150,000
This cotumn shows last dividend
80%
26%
....
~9U
....
Penn. Co., 68. reg
do
do
4%s...
Perklomen lstm.6s.cou.
Phlla. & Erie 2d m. 7s, cp.,’38
153%
36
cons.in.
cons.m.
do
do
1?1>6
129*
126
gen. m. 6s, rg.
6s, rg.,
6s, cp.,
do
5i....,
do
MX LC0
50%
Wisconsin Central
Norristown
|
iis
500,000 J. * J.
..
-5f
Apr., ’93
250,000
8d mortgage
Consol, convertible
*
do
66
Buffalo Pitts.
do
Scrip...
IR. 78,1896
1906
do
Tol. Del. & Bur
Vermont & Massachusetts..
Worcester As Nashua
Nesquehonlng Valley
[Quotations by H. L. Grant, Broker, 145 Broadway.]
Broadway & Seventh
do
iVo%
86
160
fil'd
loan fs.reg.
104% ibis'
...
Hough. & Out
Hoagli. & Oat., pref...
124
iso
x
new
123
135
common.
....
gen.
STATE AND CITY BONDS.
'
Date.
.,
do
Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn)
do
bonds
do
Amount. Period
...
PHILADELPHIA.
H.Prentiss,Broker, 1? Wall Street.]
....
7s, 1895..
5a, 1995..
UoX
98%
Ithaca* Athens 1st g d, 7a.,’£ 6
Junction 1st mort. 6s, ’82.
ioo
2d mort. 6s, 1900
do
112
i.23
Lehigh Valley, lst,6s,cp., 18S i • ••
do reg., 1893..
do
do 2d m. 7s, reg., 1910. ; 137
137%
do
con. m.,6s,rg.,192 9....
do
do
6s,cp.,192 3....
Little Schuylkill, 1st in.7s,’3
123
ioo i02
N. O. Pac., 1st m., 6s, 10)20
118
107%
113
New York & New England... 76%
Northern of N. Hampshire... 110
165
Norwich & Worcester
Ogdensb.& L.Champlain ... 50
do
pref..
131
Old Colony
Portland Saco. & Portsmouth 113%
H3
141
Pullman Palace Car
28
x....
Rutland, preferred
120
Revere Beach & Lynn
-
m
do
70
.
233
130
L30
115
210
7s, gold, ’9<
m.
.
20%
220
125
do
80
...
cons. m.
122
121
121
86%
Iowa Falls & Sioux City
Little Rock* Fort Smith
140
115
....
100
.
co
02
do
pref
Fort Scott & Gulf, pref
90
75
150
130
110
70
115
105
...
125%
7s, fd. g.’t 9 119
2d m. 78, gold, ’9i 113
2d m.f 1.6crlp g.,7 8
do
do
do
160
108
Eastern (New Hampshire)...
Fitchburg
Flint & Pere Marq
70
m.
..
..
174
xil3
125
117
150
118
155
110
85
65
185
110
115
135
H. & B. T. 1st
do
1st
.
;
*5s,perp
Harrisburg 1st mod. 6s, ’83..
142-^ 142%
Atchison & Topeka
Boston & Albany
Boston &!Lowell
Boston* Maine.
Boston & Providence
....
....
.
do
STOCKS.
70
85
77%
109
122
Old Colony,78
....
Old Colony, 6s
Pueblo & Ark. Valley, 7s
Rutland 6a,let mort
Vermont <fe Mass. RR.,6s
Vermont & Canada, new 8s..
■
115
60
145
110
’GO
150
114
Inc.
co
13)
100
.
’88
E1.& W’msport, 1st ra„ 7s, *8(
Ogdensburg & Lake Cli.6i... 103% 105%
73
85
.
City Railroad Stocks and Bonds.
[Gas Quotations
99%
'. i25
•
...
95
35
100
100
100
50
25
25
100
20
50
50
50
100
25
50
100
100
25
25
25
10
50
92%
'
nix
..
do
7s
Fort Scott & Gulf 7a
Hartford & Erie 7s
K. City Lawrence & So. 4s...
Kan. City. St. Jo. & C. B. Is
Little R’k & Ft. Smith, 7s, 1st
New York & New Eng. 6s—
do
7s
New Mexico & So. Pac. 7s...
:o5
115
125
»90
157
123
05
75
150
200
60
112
50
25
(B’klyn)
aaatom, Mass., 4^s, new.
....
25
Lone Island
Lorillard
Niagara
....
.
Chicago Burl. & Quincy 4s...
oxm. A Passumpslc, 7h, 1897
Connotton Valley. 7s
240
10s,’88.
7s 1900
Chartlers Yal.f lstm.7s.C.,19t i
Delaware mort.* 6s, various.
Del. & Bound Br., let, 78.19C5
Albany 7s
Fitchburg RK., 6s
100
Lenox
....
l
new
East Penn. 1st mort. 7s,
•
157
118
270
65
140
160
.
«
....
ISO
.
•
70
110
,120
100
30
20
40
50
Jefferson
Kings County (Bkn.)
Knickerbocker
•
chat, m.,
Connecting 6s, 1900-1904
Boston «
do
Gas and
do
60
do
6s
Boston & Lowell 7a
6s
do
Boston & Providence 7s
Burl. & Mo., land grant 7s...
do
Nebr. 6s
Ex 117
1 06% 107
do
Nebr. 6s..
do
Nebr.48
pm
170
1*
Catawlssa 1st,7s, conv., ’82..
BOSTON.
Atch. & Topeka 1st m.7s
123%
land grant 7s 121
do
do
land Inc. 3s..
Atlantic & Paclfl', 6s
103% 104
55
ro
income.. 54
170
210
Ask.
-
117
....
160
125
135
60
100
225
230
15
105
120
100
110
50
50
1
50
100
100
100
100
100
100
100
100
40
50
100
10G
St. Nicholas
Seventh Ward
Second
Shoe and Leather.
Sixth
State of New York..
Home
#
....
131
215
m
•
*
....
160
.
17
....
-*
Eagle
....
.
165
113
200
200
Hamilton
Hanover
Hoffman
Commercial
20
Produce*
Brooklyn
50
100
25
25
20
70
100
30
50
100
40
100
30
50
17
10
100
100
50
50
25
100
15
56
50
•
100
100
100
100
100
100
70
SO
25
50
100
25
North River*
•
City
Clinton
....
New York
New York County...
N. Y. Nat’l Exch’ge.
Ninth
North America*
•
Bowery
Broadway
Citizens’
Mount Morris*
Murray Hill*
Nassau*
...
.
121
Exchange
Bid
SECURITIES.
Boston & Maine 7s
America*
Am. Exchange
Fulton.......
Ask.
Bid
SECURITIES.
[Quotations by E. S. Bailey, Broker,
No. 7 Pine
Marked thus (*) are
not National.
121
115%
ioo
t Per share.
11%
)
1C 8
118
126%
126
128
I*8
210
193
122
125
£3
47%
PittsDurg & Connellsville..50
RAILROAD
BONDS.
112
Balt. * OMaCs, 1S85.A.&0. ..110
N. W. Va. sam-guar.,’85,J&J
Pittsb.& ConnelTsv.78,’98,J&J
Northern Central 6s, ’85, J&J
do
6s. 1900. A.&O.
do 6s,glu, 1900, J.&J.
Cen. Ohio 6s, 1st m.,’90,M.& S.
W. Md.6s,lstm.,gr.,’90,J.*J.
do
1st m., 1890, J. & J
do
2d m.,guar., J.& J—
do
2d m.,pref
do 2d m.,gr. by W.Co.J&J
do 6s. 3d m.. guar., J.&J.
Mar. & Gin. 7s, ’92, F. & A.... 123
do
2d, M.&N
do
Ss, 3d, J.&J
Union RR. 1st, guar., J. & J
Canton pnrtnwd
do
123%'
116%
114
108
123%
86%
85-%
46%
117U
4?
|
THE CHRONICLE
122
Railroad Earnings.—The latest railroad earnings and the
totals from Jan. 1 to latest dates are given below. The state¬
ment includes the gross earnings of all railroads from which
returns can be obtained.
The columns under the heading
“Jan. 1 to latest date” furnish the gross earnings from Jan. 1
/—Latest earnings
Biirxks.
$40,821
747,012
$314,622
$285,966
22,305
109,421
1,1 18,737
219,865
110,515
1.078,669
40,222
6,707
33,740
7,487
Central Pacific...June
2,063,000 1,724,950 10,770,133
Ches. AOhlo
June
241,305
214,255 1,299,291
Chicago & Alton .2d wk July 163,063
166,506 3,531,234
Chic. Burl. & Q.. .May
1,679,455 1,909,627 7,014,744
821.691
Chie. & East. 111..2d wk July
28,483
24,257
754.306
Chic. A G.Trk. Wk.end. J uly 16
25,647
18,291
Chic. Mil. & 8t. P.3d wk July
Chic. & N( rthw..3d wk July
Chi.St.P.MinA O..3d wk July
Chic. & W. Mich.. 3d wk June
Cin.Ind.St. L.AC.June
Cin. A Spring!. ..3dwk July
Clev.Col.Cin.AI.3d wk July
Clev. Mt.V. A Del.3d wk July
Denver A Rio Qr 3d wk July
350.000
193,981
8,504.092
1.259,036
3,757,5 66
7.976.649
582.800
638.235
6,134,814
9,612,972
230.742 8.196,000
387,580 10,235,783
54.691 1,942,436
453,650
13,875
200,332 1,068.186
415,218
83,516
20,620
188.256
19.621
91,604
1,500,210
370.S65
1,083,793
479,992
527,710
2,239.447
18,886
111,861
2,184.679
231,637
1,305,315
146,413
7,094
7,027
223,746
124.993
88.804
2,916,974
DesM.AFt.Dod2:e.2d wk July
Det. Bans. A No ..3d wk July
7.764
2 1,568
170,009
DubuqueAS.City.2d wk July
27.125
6,583
18,398
22.622
529,300
539,749
239,888
30,010
1,923,266
908,241
999,507
819,901
Eastern
June
EastTenn.V.A Q .2d wk July
267,888
Flint A Pere Mar.3d wk July
Gal.Har.A San A. 1st wk July
Grand Trunk. Wk.end. Apr.30
Gr*t Western. Wk.end. J’ly 22
30.618
21.176
Gr’n Bay A Minn.2d wk
HannibalA8t. Jo.3d wk
32,884
215,296
95,190
3,473,119
3.257,33 L
87,594
2,876,386
2,658,255
July
IllinoisCen. (Ill.).June
Do
(Iowa). June
Indiana Bl. A \V..3<1 wk July
Do Ohio Div.3d wk July
Ind. Dec. A Sp...June
Int. A Gt. North..3d wk July
Iowa Central
Juno
K. C. Ft. 8. A Gulf.3d wk Juno
Lake Erie A West.od wk July
Louisv. A Nashv.3d wk July
50,490
1,147,733
1,288,024
66,013
1.905,306
44.660
56,4 17
603,614
157,740
19.784
5.374
53.274
548.201
133,536
25,706
2.920,727
19,734
15,309
739,278
638,096
641.749
33,165
39,153
215.159
109.293
1,280,128
795,282
89.918
25.776
28.630
73.531
15.590
2 4,612
192,400
169.500
23,743
15,791
Minn. A St. Louis.4th wk J’ue
f Mo. Kans.A Tex.3 wks July
49.374
3.805
6,869
25,766
451,087
280.798
Missouri Pacific .1st wk J uly
Mobile A Ohio.... June
‘..
136,484
132,692
99,724
117,272
Nashv. Ch.A St.L. June
N. Y. Cent. & Hud March
N.Y. L. Erie A W.May
154.549
144.130
658,243.
504,429
696,793
531,727
5,598,705 4 217,531
631,990
543,535
121,937
103,411
273.075
201,431
310,100
477,673
,
1.109.523
1,079,223
1.009,124
1,024,680
2,668,250 2,854,835
1,776,SOL 1,592,544
7,366,426
8,202,411
7,765,679
7,429 252
183,701
384,483
346,644
70,444
1,(>07,566
861,374
1.724,100
2,286.718
1.060,762
2,661,866
1,509.379
1.470,665
2,053,191
972,958
2.215,790
1,097.868
N.Y.&N. Engl’d.May
N. Y. N.H.AHart.April
N. Y. Pa. A Ohio..May
Norfolk A West... 2wks
Northern Central. June
Northern Pacific .3d wk
Ohio Southern
3d wk
3.610,255
2.899,762
804,274
45.£93
20,398
4,755
11.191
Memp. A Chari.. .3d wk July
Mcmp. Pad. A No.2d wk July
Mil.L. 8h.A West.31 wk July
July
215,271
457,680
474,373
72,952
419,193
487,237
July
July
Oreg’n R. Nav.Co. June
Pad. A Elizabetht.2d wk J uly
54,481
105,500
6.493
359,125
8,556
...»
1,500.908
195,020
1,754,377
263,534
309.408
7,227
Pennsylvania
3,807.137 3,221,476 21,553.839 19.434.071
June
Peoria Dec. A Ev.2d wk July
305,715
191.628
11,317
8,733
Philadel. A Erie..May
343,742 311,470 1,372,442 1,413,774
Phlla. A
Reading. Juue
St.L.Alt.AT.H. ..3d wk
Do
(L)rchs).3d wk
St.L.IronMt,AS.3d wk
St.L. A San Fran. 3d wk
8t.P.Minn.A.Man.3d wk
1,707,295 1,398.536
July
23,887
23,091
July
11.400
14,240
July 119,100
114,302
July
49,439
57,615
July
90,400
65 300
July
8,301
8,117
66,195
58,113
Scioto Valley
3d wk
South Carolina,,..May
Southern Pacific.Mav
503.000
Texas A Pacific ..2d wk July
87,481
Union Pacific....19 dvs J’lyl,593,372
Wab. St.L. A Pac. 2d wk July 268,152
New York
Manhattan Co...
716.819
791,767
346,027
2,947.996
1,217,944
400,054
3,711,261
1.629,406
2,212,92L
190,838
513,624
2,015,300
445,953
48,109
Merchants
Mechanics’
Union
America
Phoenix
City
Tradesmen’s.....
1,814,830
1,622,733
159,121
457,166
1,811,707
1.241,813
1,136,437 13.121,954 11,537,?8l
274,962 6,732,437 6,836,163
cent basis in 13S1; 6 per cent in
Including leased lines.
5 per
t
1880.
t
9.9 8.09(
S.vfiP.UtO
8.375. UK’
Chemical
Merch’nts’ Exch.
Gallatin Nation’!
Butchers’&Drov.
Mechanics’ & Tr.
Greenwich
Leather Man’f’rtSeventh Ward...
State of N. York.
American Exch..
Commerce
3.0'7.0%
7.9:0.830
8.336.290
5.%3.9%
Prime bankers’ sterling
Prime commercial
bills on London.
Documentary commercial
Paris (francs)
Amsterdam
Frankfort
(guilders)
or
Bremen (reichmarks)
4
4
4
5
4 8 4!4®4
4 sSL* ®4
4 83
®4
5 20
®5
40
®
9 4?%®
8214® 4 83
SI.1!!®4 82
81
©4 81L2
23-h® 5 21Vi
33 «4®
40 >8
93?8® 943s
45,000
5,400
2o0,000
1,005,300
3.484.900
8.472.000
2,798,2%
800,000
428,000
3.287.800
1.U29.SOO
3.668.100
b3.083.000
12.613, l 0!
6.0*6,500
6.713.800
2.517.400
5.7 L0.»’00
3, *59.400
1.470,60(1
3,19S.0OC
8.4' 2,400
2.9 3 /
15.314.000
2, 35.700
2.932.400
2.898.600
2.093.100
North America..
1,000,000
500,000
Irvin*?
3,000.000
600,000
1,090,000
509,090
500,000,
500,(XX)
4,474.7%
7.577,80C
1,000,000
1,009,090
2.055.100
800,000
400,000
Marine
I
Importers’ & Tr..! 1,500.000
3.731,000
23.0sl.6001
84
83 k>
18
4038
947s
Sub-Treasury.—The following table shows the receipts
and payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week:
U. S.
21.826.8
Payments.
Receipts.
Coin.
Currency.
750,000
500,000
1,000,(XX)
300,(XK)
250,000
209,000
750,000
800,000
1,883,050
German Exch.
Germania
U. 3. Nat
2%,000
200,000;
1,200,40: ■
1.161.600
3,9o3,40>
44
“
26...
27...
44
1.255.206 88
906,360 93
28... 1,369,093 69
29... *1,375,242 44
44
44
876,771 17
961,725 51
703,188 87
712,317 75
72.399,801 41
600,000
•jl.102,700,349,240,5 >
Inc
Loans and discounts
Specie........
.
Dec.
...Dec.
Lejral tenders
Loans.
*
1881.
Feb. 11. ...320,807,300
20. ...310.5S4.49O
Mar. 5. ...298.183,400
32. ...290.252.900
“
19 ....300,177,300
“
20 ....300,022,000
Anril 2 ..300.28-!. 100
“
“
**
“
9
..335.244,400
16
.306.383.400
23 ....305,717,000
30 ....304,435,2%
31' >,850,000
7
14 ....317,730,900
21 ....324,192,800
...
“
“
51a y
“
72,710,106 26
73.083,048
72,993,906
73,671,997
74,265,393
22
03
27
79
91
5,065,828 49
5,135,356 66
*
$4 83
®$4 37
Napoleons
3 82
X X Reichmarks. 4 72
X Guilders
3 92
® 3 86
® 476
® 3 97
Sovereigns
Spau’h Doubloons. 15 55 '3/15 75
Mex. Doubloons.. 15 45 ®15 55
1 11
1 12
Fine silver bars
Fine gold bars....
par ® *4 prem.
Dimes A ** dimes. — 99*2® par
..
gold for various coins:
Silver J4S and *39.
Five francs
Mexican dollars..
Do uncommercT.
English silver
....
Prus. silv. th ders.
U. S. trade d >llars
U. 8. silver d >llars
—
—
—
—
993t ®
92 ®
88>4®
86 ®
4 72
—
—
—
par.
~
—
—
94
89*4
88
—
69
—
995s
par.
23.5001
1*4.51)01
5.073.000
2.705.800
2.598.800
1,095.5%
'3.604,000
3.039.7i)0
59.0,4.200
51,904,100
55,908,000
59,552.000
57,009,900
57.011,000
‘V). 129,000
62.*19.300
00.SO4.2OO
09,299,400
73.340.500
70,887.700
112.500!
1.895,400
4,538.0 H’
3 J 5.800.
27.525,760
540,<00 23.085.500
771.70 ■
10.300
130.006
1,142,5)0
890.300
103.100
600.700 22.471,500
8.940.000
1.37* ’.000
3 646.000
290.0)11
7.202.001
372.0.)')
323.200 j 18 734.900
8 327.300
294.0oC1
91.000*
M
“
“
9.,
10..
23.,
80..
June 0..
13.,
“
20..
“
27..
“
6,592,000
147.067.400
149,674.900
0.013,200
6.744.400
6.843.400
0,678,700
7,503,700
7,904,200
7.855.900
8,2%, 100
152,840,300
15 1,290,400
154,957,*00
5..
15J,037,%O
leO,707,lOO
11
18.
25..
163.121.500
163.745.500
8.457.100
8,857,000
9.111.900
9.848.100
161,580,800
10,315,300
Including the item “ due to
*
••
••
206,8X1
1,434.300
155,80
1 353,70(
4,276,000
1.732.800
65 600
1.150.100
31.491,4001 J0.752 0 K 352.653,80
290,517,300
13.289.200
274,442.600
3
10,752,0%
Inc.
*»
•*
July
5
it
“
m
“
25'
City Clearing
15.418.500 1241,050,579
90,124,300
3.027,700
3.117.300
3.059.100
2.938.200
91.451.900
95.954.900
90,911.700
99.513.900
3.294,7%
3.330.100
101.051,500
100.244.700
3.329.500
3.174.500
109,751,500
114.588.700
3,012.9%
3,577.000
3.295,000
3.3 >9,300
3.704.200
116,102,000
112,963,200
113,195,800
114,080,000
114,559,9%
15.460.100 1020.907.9rto
15.771.100 b 12,503.091
10,6 10.500 774.684.705
10.713.500 950,440,299
10.709,000 815.034,492
10.950.200 721.179.359
17.217.400 979.203,386
19.600.100 879,802.835
18.601.200 1144.470.789
18,596,900 1078,352.065
19.135.300 1212.047.603
19.301.200 1199.726,141
19.203.300 910,391.800
19.230.100 978.180.859
19.305.300 1019,215.091
19.141.300 953.507.156
19,170,800 914,724,597
19,149,%0
lvi,lSl,300
19.185.300
851.848,902
844.816.881
934,011,125
30.624.500
30,622,000
30,7)0,600
30.930,900
30.997.100
30.470.500
30,822.700
30.989.000
30.715.200
30.773.100
30.942.100
30,901,5%
31,074,000
31.220.100
77,562,234
80,149,257
95,227,034
85,405.247
92,454.590
90,881,371
92.862,818
87,098.568
83.984,803
83.471.027
104.789.730
83,072,711
91.680.405
83.524,377
other banks.”
Deposit*.
$
19.284.008
19.006,525
67,301,923
08,375,685
19,454,140
21.210,534
08,009.105
18.900,813
23,174,378.
23,720,055
77.951,083
78.186.840
23.250,307
21.920,180
21.981.020
•78.181.995
2L.530.24S
77.304,707
22.813.405
77,746.554
22,004,604
77.761.819
....
*1.459,300
4,01/0
Deposits.* Circulation. Agg. Clear
2.789.100
S
70,471,207
.
19.185.300
the totals of the Boston
L. Tenders.
76,012.501
13
20
27
447.900
16,181.0)0 1143:978,545
;2,659,900
$
75,103,008
74.801.575
74,542,079
75.349,43y
30...
June 6
01,8,0
follows:
Inc.
12,400.600 271.609.800
12.241.200 277,931,600
12.931.500 275.590.500
12.710.500 275,495,400
12.472.700 282.789.500
13,428.000 299.821.100
14.419.200 292.653.000
15.784.700 291.530.300
16,024,000 305,033.900
17.134,100 3t6,818,400
17.873.0% 320.011.700
18.633,800 332,1S2.*00
18.325.300 339,548.0 >0
13.313.300 315,643,2%
18.474.300 344,307,0%
18,092.900 313.610.800
17.112.300 340.464.100
10.284.300 349.813,000
17,059,700 351.199.500
Loans.
73,485,827
74.253,494
“
208.100
225 000
180,0%
08.7oOi
follows:
9
10
23
45,000
581.000
430.1%
24.7001
339.100
Philadelphia Banks.—The totals of the
are as
1.287,000
2.502 3)(
5 66)1.0'X
1 981.9 0
S
140.037,100
150.336.500
150.121.100
151,001,400
222.500
800,100
4:9.700
Si 200
2 J 2.4l)v
83 9 ic
15.049,000
$
*
2..
45.000
1,080 5%
45,003
1.2 >7,9 )0
1.4 14.400
L. Tenders.
Specie.
Loans.
44
763,200
8,390,.500
363.000
Boston Banks. —The following are
banks for a series of weeks past:
May
205.400
3,900
450,000
447.600
450,000
4,600
2.350.700
.
..
1881.
Apr. 25..
2,250,0(30
15.100,000
l!2,0oo;
115.000
303,500!
1 >3.8001
412,106
1,123.100
3.711.900
73.100
34,909
1.044,0%
7 184.700
900.000
7.114.2%
2.859.000
4.177.000
.215.000
2.063 200
1.059.400
L. Tenders.
Deposits. Circulation A 77- Ctear
$
*
$
$
05,819,000 14.9.87.200 307.719.100 18,25 ),5 )0 1105.432,825
“
® 4 80
68 ®
99U®
997a ®
680.801
358.40o
boo.ojo
315,000
34,300
l,n^5,7'X)
3,736,000
13,030,000
10.059,300
4.511,6%
278,000
20'.9,)O
130,000
169.70;.
28U00
2,700
458,900
2.017.000
227.900
3l3,rtoti
174.000
$
44
••
Coins.—The following are quotations in
502.200
4 595,000
230,200
Specie.
••
1881.
Apr. 25
May 2
17,057,486 90 15,332,533 47
Includes $100,000 gold coin receive i from San Francisco Mint.
Total
1,150,500
789.300
1.583.000
1,031,000
1.102.500
4496,100 | Net deposits
455.500 1 Circulation
800.700 i
80.518.500
23
332,025,700 79,131,8%
June 4 ....341.091,9(30 70,052,100
11
.347.494.900 76,902.800
18 ....310,566,000 75,611,0%
25 ....345.400,7(>0 77,091,500
July 2 ...350.491,100 76.415,000
9
.352,856,900 77.728.500
“
10 ....349.744,400 81,946,900
“
23 ....349,210,500 81,491,400
.
99
55
30
'
3.144 400
The following are the totals of the New York
House Banks’ returns for a series of weeks past:
44
5,166,793
5,038,743
5,014,237
5,078,014
1.207 900
845.500
13 7.900
45 >.000
407,700
3.810,200
The deviations from returns of previous week are as
44
July 23... 10,808,334 86 10,917,556 48
25...
1,343,228 10 1,160,973 69
5;:o.yoo
8.601.000' 1,430,0 .0
590.900
8,210.000
7,007.0 >0 1,408 0 )0!
4
403 2)3
16,333,200
7.073.0)0 2.228.300
20 4,200
1.548,500
36.000
1.652.100
83,8)0.
1.376.400
4
47.200
2,509.60
1.317,9 >0|
4,*33.890
300,000
100,006
July
$
$
$
$
0,299.900
019,500
1.441.100
>Cj
Fifth Avenue....
•*
Balances.
211.100
870,000
2,893.000
994.2001
1.079,100!
250,000
3,2'X),000
2,000,000
..
18.900
49 7.400
1,005.1001
500.060
240.000
N. York County..
Germ’n Araeric:n
Chase National,.
140,000
19.405.500, 4.909.800
2,000,000
Bowery National
339. OOu
3.386.000
...
85
790,400
1.700.500
1.104.800
1.008,000
1.0H500
14
Demand.
Sixty Days.
July 29.
2.138.700
1.349.500
13.047.900
430,000
209,0X9
700.000
Total
207,000
250.200
334.700
142.400
77.9%
132,000
263,10)3
110.8%
56.70(,
105.500
538,000
070.403
230.500
241.700
140.800
265.400
111.900
134,300
People’s
.
1.100
3,957.000
10.496.400
3.107.000
678.100
1,500,000
Central Nut
Second Nation’l,
Ninth National..
First National..
Tnird National..
N. Y. Nat. Exch..
10.774.900
32.000
342.000
114.800
4,120.300
4,440 700
1.731.800
Chatham
Park
i
Mech. Bkg. Ass'n
North River
East River
Fourth National.
4.965.500
49 ■‘.*00
18.578.103
422,700
St. Nicholas
Shoe A Leather..
Corn Exchange..
Continental......
Oriental
360,000
1,000.000
1,000.900
5,000.000
1,000,000
1,000,000
Nassau
Market..
426.700
535.400
139,5%!
8'X),000
800,000
5,000,000
....
823.400
278.500
Pacific
Metropolitan
%
495,000
9,725.000
7,398.300
7,81',700
8,317,100
1,773.203
000.060
Citizens’
Circula¬
tion.
I
355.500
200,000
Republic
f~
*
280,0%
2<X),OX)
Mercantile.....^...
Tenders.
1,353,900
1,246,250
1,268,100
1,210 60J
2.993.300
1,285.000
4.289.000
410.500
11.593.100
300.000
Broadway
Net dept'8
other
than U. S.
Legal
Spjcie.
2,135.0%
“
Exchange.—Quotations for foreign exchange are as follow?,
the outside prices being the posted rates of leading bankers.
the
23,
600.009
800.000
Fulton
“
*
Loans ana
discounts.
2.000.000
2.050,000
2,000,000
2,090,000
1,200,000
3,000,000
1,000,000
1,000,000
1,000,000
Hanover
6.215
13,813
HoustE.&W.Tex.June
Houst. A Texas C.3d wk
24.029
20.199
181,138
7,420
48,087
July
July
Capital.
1880.
1881.
18S0.
the
Average amount of
reported—s ,—Jan. 1 to latest date
Week or Bo.
1881.
Ala.Gt,. Southern. June
$51,735
Atch.ToD. AS. Fe.June
1,186.000
Boat.& N.Y.Air-L.May *
23,216
Bur.C.Rap.ANo. .3d vvk July
Cairo A St. Louis.2d wk July
New York City Bunks.—The following statement shows
condition of the Associated Banks of New York City for
week ending at the commencement of business on July
1881:
'
1
column:
to, and including, the period mentioned in the second
|Tol. XXXlIt
21.913.714
68,027,309
70,497,536
74,588,003
74,902,014
54,033.519
74.501.779
74,343.655
74,019,912
74,288.993
75.136.754
74,510,055
Philadelphia banks
Circulation. Agg. Clear.
S
10,123.550
10,264.800
10,473.543
10.334.185
10,219.090
10,237,440
10.243.210
10,470,009
10.473.074
10.447,158
10,408,727
10,319,870
10.282,771
10,325,587
I
54,800,674
46.153.649
50.075.475
51,583,627
50.163.828
52.214.058
55.429.048
02.579,080
09.077,948
55,580.970
01,329.508
50371,030
50.75d.S55
July 30, 1881.
The mileage of road worked is 846 miles, a decrease of 46
miles during the year, by the surrender of the Schuylkill &
Juuestwcuts
Lehigh road, formerly leased.
The earnings of the Railroad Company for the fiscal year
ending November 30,1880, were as follows:—
iND
STATE, CIT¥ AND
123
CHRONICLE
THE
]
CORPORATION FINANCES.
Expenses. Net earnings.
$9,247,491 $7,691,395
Earnings.
The Investors’ Supplement
contains a complete exhibit of the
Funded Debt of States and Cities and of the Stocks and Bonds
of Railroads and other Gompanies. It is published on the last
Saturday of every other month—viz., February, April, June,
August, October and December, and is furnished without extra
charge to all regular subscribers of the Chronicle. Single copies
are sold at $2 per copy.
$16,938,886
Railroad traffic.
417,417
455,827
334,057
98,183
223,589
2,444
$18,520,403 $10,147,148
$8,373,255
873,244
607,646
Canal traffic
Steam colliers
Richmond barges
100,627
Total
Total, 1879.
15,279,765
8,192,992
7,086,773
Increase
$3,240,633
$1,954,156
$1,286,482
shows the net results for the year for the rail¬
The following
road company :
1879.
1880.
INDEX SINCE JUNE
Tiie
SUPPLEMENT.
followiug ia an index to all reports
$7,036,773
$1,286,481
and items heretofore pub¬
Dept. *tmout of the Chronicle since the last
of the Investors’ Supplement; anunal reports are indexed in
.$3,366,159
$2,913,317
$422,842
5.515,473
5,205,878
308,595
.$8,881,632
$8,150,195
$731,437
$508,378
$1,063,422
.
lished in the Investment
issue
black-faced type:
Adirondack
Alabama N. O. & Texas
Junction
Atch. Top. & Santa
Pacific
*084,
Fo
Atlantic & No. Carolina
*676,
Atlantic & Pacific
Bingham Can. & Camp Floyd.
Boston Finances
Boston Water Power.....
23,
Buff. Pittsb. & West
Cairo & 8t. Louis
Cairo & Vincennes
Canada Southern
Canton Co. (Baltimore)
*685,
22 I Missouri Kansas & Texas/685, 47
I Missouri Pacific
24, 100
22 Missouri State Finances
*685
73
23 Mobile & Girard
46 Morgan’s Louisiana & Texas
RR. and SS. Co
100
99
Nasbv. Chat. & St. L
46
93
*680,
Nevada County RR
New Jersey Central
New York City Valuation
New York Elevated..*685, 24,
99
46
99
*685
47,
*679
-99
N. Y. Housatonic & No
N. Y. Lack. »fe West
N. Y. Lake Erie & West
23
Central of New Jersey
Central Pacific
Chesapeake <fc Ohio
73
Chicago & Atlantic
Chicago Belt & Transfer Co...
Chicago & Eastern Ill.
Ohio Central
Ohio & Miss
Ohio & West Va
12
*6S7
48
12, 48
.*686, 74
*685, 46, 1( 0
Oregon Pacific
Oreg. R’y & Nav. Co
*687,
Oregon & Transcontinental.!2.
Owensboro & Nashville
j
Pacific Mail SS. Co
Paducah & Elizabethtown
Panama
93
48
48
74
102
....
12,
73
48
72
73 J Pennsylvania Company
RIt
*686,'"23, 93
4(5 I Pennsylvania
Peoria Pekin & Jacksonv
48
75
23
*687
Eastern (Mass.)
.*685,
Northern of Long Island
Northern Pacific
North & West Branch
..
Bel. Lack. & West
Denver & Rio Grande
*686,
Detroit Butler & St. Louis
Des Moines & Fort Dodge
74
47
47
.
!
•
Petersburg RR
*686
Pliila. & Reading.*636, 12, 93, 102
Pittsb. Youngstown & Chic...
75
100, 102 Railroads A Express Co’s
75
100 ! Railroads of the U. S. in 1880. 101
Fort Wayne Muncie & Cin — 100 j Rhiuebeek & Conn
102
*686, 12,
Oalv. Harris!). & San An
75 { Kicb. & Allegheny
48, 102
Grand Rapids & Indiana
47 i
66
47 : Richmond & Danville
Gulf Colorado & Santa Fe
Rich. York River & Ches.
66
Hannibal & St. Joseph
73 j
L.
St,
Bridge
Co.
22
& Tunnel RR
Hartford <fc Conn. Western.23, 73!
*685
Houston & Texas Central
'685 | St. Louis & Cairo
St. Louis Iron Mt. & So
75
International & Gt. No.. *CS6 74 ! St. Louis & San Fran
^686
Intern’l R’y Improve’mt Co...
47 | St. Paul & Duluth.
*686
Kan. City Ft, S. & Gulf
74 j Scioto Valley
93, 102
Kan. City Law. & So. Kan.....
48
74 ; Shenandoah Valley.
12
47, 100 South Carolina State Bonds
Kentucky Central
Knoxville & Ohio
74 Southern Pacific
23, 75
,7‘-l
Lake and Canal Rates in May.
23 Siiacp y
66
Lake Shore & Mich. So
*679 Syracuse (N. Y.) Bonds
66
Long Island RR
23 Tennessee State Bonds.:
Louisiana & Mo. River
47 Texas Central
102
Louisiana State Bonds
23 Texas & N. O. of 1874
75
Louisiana Western
75 Texas & Pacific
*687, 48, 102
Louisv. Cin. & Lex
47 Texas & St. Louis
102
Louisville & Nashville
47 Toledo Cin. & St. Louis
48
23, 100 Toledo Delphos & Burl
Louisv. N. A. & Chic
73
Macon & Brunswick
*685, 100 Union Pacific
*687, 12, 46, 93
Manhattan Elevated. *685, 24,
*687
Utah Central
47, 74, 100 Utah Extension
*687
Manef. Coldwater & L. Mich..
47 Utah & Northern
93
*687
Marq. Houeh. & Ontonagon .. 47 Utah Southern
Memphis Holly Sp. & Selma... 74 Valley RR. (Va)
*687
Metropolitan Elevated...*685,
Vicksburg & Meridan
75
24,47, 74
*687
Mexican National
*68 » Virginia & Truckee
.*685,
Miami Valley
74 Wab- St. Louis & Pac...4s
75
93
Michigan Central
*679, ;686
!...!*687
Midland of New Jersey
40 Western Union Tel
100
Minnesota State Bonds
74 White Water Valley
East Tenn. Va. & Ga
Evansville & Terre Haute
...
*
Volume XXXII.
ANNUAL
REPORTS.
Philadelphia & Reading1.
$555,044
full interest and rental charges are
included, whether actually paid or not: whether paid in scrip
In this statement the
in
or now
arrears.
road shows increased net
earnings of $17,880, and the Philadelphia Germantown & Nor¬
101 ristown a decrease of $25,262.
73 I
fcThe result of the North Pennsylvania and Delaware & Bound
93
40 Brook leases was as follows :
Gross earnings both roads
..$2,325,941
58, 74, 101
N. Y. Pittsb. & Chic
102
24
N. Y. West. Shore & Buffalo...
N. Y. West Shore & Chic
47
Norfolk & Western
74
North Carolina RR
99
*686
23
23
100
Chicago & Iowa
99
Chic. Milw. & St. Paul
99
*685
Chic. Pekin & Southw
Chicago R. 1. & Pacific..*684,
13
Chic. St. Louis & N. 0
46, 73
Chic. St. Paul Minn. & Om..
99
Chic.
West Michigan.. .*685, 99
Cin. Ham. & Dayton
100
*685
Cincinnati Southern
Clev. Col. Cin. & Iud
73, 100
40
Col. Chic. & Ind. Cent
Col. & Hocking Val.. .*685, 46, 100
Columbus & Rome (Ga.)
100
Columbus & Toledo ..*685, 46, 100
Connotton Valley
73
*CSo.
..
Decrease]
Tnci'ease.
.$3,373,254
earnings
Net
Of the leased fines the Catawissa
1,314,133
$1,011,807
Working expenses (56'5 per cent)
Net
earnings
993,667
Rental
$18,140
Profit for the year.>
COAL AND IRON COMPANY.
& Reading-
The earnings and expenses of the Philadelphia
Coal & Iron Company for the year were as follows:
$398,462
14,198,074
82.172
1,977,892
Rolling mill
Total
$13,656,600
—
11,658,120
Total, 1879
was as
Net..
Loss.
Net..
for the year.
274,892
5,514
23,699
$311,140
Net$l,l87,334
to the better prices obtain¬
The net result of the year
1879.
1880.
Total deficiency
I/08S.
Net.. $487,883
Loss. 699,451
follows:
Net earnings or deficiency
Interest charges
or
Net..$194,806
$13,168,717
12,357.571
$1,998,480
Increase
The change in the results was due
ed for coal on a smaller production.
Net
Expenses.
$203,656
10,923,182
87,683
1,954,193
Earnings.
Land Department
Coal Department
Iron Ore Department
Net. .$187,883
1,189,491
Loss.. $699,251
1,054,985
$701,608
$1,754,436
..—
JOINT STATEMENT, BOTH
COMPANIES.
joint statement of the total receipts and expenses
companies is as follows for the fiscal year:
The
both
1880.
Increase.
1879.
of
Decrease.
$32,177,003 $26,937,886 $5,239,117
Gross receipts
2,765,302
Expenses
23,315,865
20,550,563
Net earnings....
Interest and rentals
$8,861,137
10,07L12t
$6,387,323 $2,473,814 '
9,205,181
865,942
$1,209,986
$2,817,858
Loss
In this statement
$1,607,872
full rentals and interest accounts of
both
previously paid by
and unpaid*
are charged, including amounts
the company in scrip and amounts still in arrears
companies
The
we re as
traffic of the road and production of the coal estates
follows for the fiscal year ending Nov. 30 :
1880.
1879.
carried
9.822,422
7,908,648
4,177,976
8,147,580
631,753
By Coal & Iron Co
By tenants
3,460,464
1,235,642
4,269,929
1,300,322
4,696,106
5,570,251
Passengers
5,144,044
7,179,399
741,036
Tons merchandise
Tons coal
Tons Co.’s material
Tons coal mined—
Total
The actual cost of mining and delivering coal into
cars for the year wasT$P436 per ton, as against $1143
$1*237, in 1878 ;
and $1*039 in 1877.
FLOATING DEBT, JUNE
The Receivers make the following
.
1881: “The
railroad
in 1879 ;
30, 1881.
statement as of June 30,
total amounts of floating debt of
both companies,
Receivers’ certificates, and arrears of overdue interest for which
either no provision has yet been made, or for which provision
being made at a lower rate
by the Receivers is as yet unac¬
cepted by creditors, outstanding on
were as
follows:
the 30th of June, 1881,
Floating debt
$0,744,809
ending November 30, 1880.)
Receivers’certificates and obligations
2,668,166
The long-delayed report for the fiscal year ending November Arrears of interest, including July coupons of general mort¬
gage and of scrip, but not including $202,480 of coupons
30,1880, which should have been issued by Mr. Go wen in Janu¬
due July, 1881, on divisional coal-land mortgage bonds, for
ary last, has at last been published by the Receivers. They
which provision has been made for payment or purchase
state that, differing from previous reports of the company, the
1,901,792
at lower rates—
item of rentals of leased lines is not included in working ex¬
There are also about $200,000 of arrears of canal rentals yet
penses, which embraces, however, all expenditures of every
unpaid.
There are also claims against the companies for losses
kind excepting rentals of leased lines and interest; and wher¬
on contracts on old iron rails amounting to between $250*000
ever comparisons are made with the operations of the previous
and $275,000, which are as yet unliquidated, and of which no
year, the reports of the latter are re-cast upon the plan adopted
account as been taken in any of the above statements.”
For the year
“
for this
report.
124
TBE CHRONICLE.
GENERAL INVESTMENT NEWS.
Brunswick k
zation has been
[Vol. xxxra.
This meeting was held a few days ago at the office of
the
Union Trust Company. Some of the bondholders who had not
transferred their interests to the Pennsylvania Railroad Com¬
son.
Albany.—It is stated that a plan of reorgani¬
completed by which the company is to issue
attended and protested against the meeting as not being
regular. These bondholders were represented by Mr. Wads¬
Holders of the Frankfort Committee’s certificates and other worth, Vice-President of the Chicago Milwaukee & St. Paul
owners of the $2,500,000 old first
mortgage bonds will be entitled Railroad Company, and Mr. Henry Morgan, of Matthew Morto a pro rata share in $300,000 cash, $1,250,000 first mortgage
ington offered a resolution that it was the sense of the meet¬
forty-year 6 per cent bonds and $1,600,000 of preferred stock.
The balance of new securities will be used for extending road. ing that the committee should not compromise the
judgment
Burlington k Missouri River in Nebraska.—The south¬ against the Pennsylvania Railroad Company, but enforce it;
ward extension of this road has been completed to a point mid¬ and he offered a further resolution that the provisional commit¬
tee should consist of five members instead of three,
and that
way between Endicott and Wymore, making 150 miles of new
line from Crete to Red Cloud via Beatrice. The company are Mr. Wadsworth and Mr. Morgan should be members, of the
also building a branch from Wymore via Falls City to Table committee.
After offering these resolutions, the
Rock, on the Atchison & Nebraska branch, a distance of thirty
meeting went into the
election of a committee. This election resulted in the choice
miles, and another feeder of the same length from Tecumseh to
of Mr. Wm. L. Scott of .Erie, Pa., who is supposed to be
Nebraska City, to be completed this fall.
large¬
ly interested in the Pennsylvania Railroad
Company, Mr. Chas.
Cairo k Yincenncs.—It is announced in London that an
pany
$2,000,000 first mortgage bonds and $3,500,000 preferred stock.
fan’s Sons, Mr. Peter Geddes and Mr. Luddington. Mr. Lud-
agreement has been concluded for the sale of this road to the
Wabash St. Louis & Pacific Company. The plan includes the
purchase also of the Danville & Southwestern and the St.
Francisville & Lawrenceville roads, which, with this road, form
a line from
Danville, Ill., to Cairo, with a spur to Vincennes,
Ind., about 270 miles in all. This line will be known as the
Cairo Division of the Wabash, and that company will issue
$3,857,000 in new 5 per cent bonds, having 50 years* to run, and
secured by a first mortgage on the division. "Holders of Cairo
& Vincennes securities are to receive these new bonds in
exchange for their preferred stock, one $1,000 bond for each 10
shares, and for the
stock they will receive Wabash St.
stock, share for share. Stockholders
required to send in their certificates and proxies by Aug. 1
Louis & Pacific
are
to J. S.
common
common
Morgan & Co., London,
Drexel, Morgan & Co , New'
York. The Cairo & Vincennes Company has $2,000,000 pre¬
ferred and $3,500,000 common stock, and no bonded debt.
Chicago k Iowa.—The Chicago Inter-Ocean says that the
$100,000 stock of the Chicago & Iowa Railroad held by the
city of Aurora, Ill., wras sold to Mr. H. L. Head of Chicago
(representing Mr. Hinckley) for $130,200.
Chicago Pekin & Southwestern.—The Receiver, S. B. Reed,
has filed his reports for the months of February, March, April,
May and June,
as
follows
or
;
RECEIPTS.
February
DISBURSEMENT •*.
$34,321
March
40,074
April
May
30,461
June
Total
The balance
$38,673
February
March
47,803
29,697
April
May
39,915
32,319
June
38,849
36,769
$189,408
hand Feb. 1
$194,416
$12,332
July 1, $7,385.
Chicago k West Michigan.—A Muskegon (Mich.) dispatch
says : “For some time past the Grand Rapids & Newaygo, the
Michigan & Indiana and the Grand Haven railroad companies
have been operated and virtually owned by the Chicago & West
Michigan Railway Company ; but a meeting of the directors of
the several companies is called to meet in this city September
on
was
; on
2S next, when it is expected that a consolidation will be ratified
under the name of the Chicago & West Michigan RR. Co.”
Cleveland Mount Vernon k Columbus.—The property and
franchises of this railroad, including the main line from Hud¬
son to Columbus and the branches to Delaware and
Dresden,
to be sold at Akron, O., on August 20, 1881.
It wras not to
be sold, however, for less than two-thirds of its appraised value,
the appraised value being $1,710,2S0. The sale is ordered to
were
satisfy
a judgment and decree of the Common Pleas Court of
Summit County against the road and in favor of Frederick
William Oewel and other bondholders in Holland. It is re¬
J. Osborne and Mr. William B. Dinsmore.
The resolution—that it was the sense of the
claim against the Pennsylvania Railroad
be
compromised—then
came up,
and
meeting that the
Company should not
was
discussed by Mr. Scott
and Mr. Luddington, and finally was referred to the committee
which had just been appointed.
The resolution adding Mr. Wadsworth and Mr.
Morgan to
the committee was also discussed, and was laid
upon the table.
Thus the permanent committee appointed to
represent the
interests of the bondholders was so made up as
to embrace, as
claimed, parties acting in the interest of the Pennsylvania
Railroad Company, the debtors in the $2,800,000 judgment.
It is supposed that this arrangement will result in some liti¬
gation.
Danville Olney k Ohio River.—The first
seventy miles of
this road in Illinois are now graded* and sixty miles ironed, and
it is expected that the first one hundred miles—from its connec¬
tion with the Chicago & Eastern Illinois Railroad to the Ohio &
Mississippi RR.—will be in full operation early in September.
Denver k Rio Grande.—The completion of the Denver &
Rio Grande Railway to Durango, southwest of Denver, which
is to be open to freight and passenger traffic
Aug. 1, will be cele¬
brated on Aug. 3 by an excursion from Denver. This opens
up
the San Juan mining regions which have so long
been isolated.
Florida Central.—The U. S. Court at Jacksonville, Fla., has
ordered a re-sale of this property in October next.
Illinois Midland.—At Springfield, Ill., July 22, in an action
by J. J. Waterbury, of New York, against the Illinois Midland
Railroad Company, the Union Trust Company of New York and
others, an order for judgment against the Illinois Midland was
entered in the U. S. Circuit Court. The complainant asked that
conveyance of the Paris'& Decatur Railroad Company to the con¬
solidated company be set aside on account of fraud, and also
that the Illinois Midland’s mortgage.of $4,175,000 be canceled
off the record so far as it affects the Paris & Decatur Railroad.
The Illinois Midland consolidation has hitherto been
composed of
the Paris & Decatur, the Paris & Terre Haute and the Peoria
Atlanta & Decatur railroads, running a distance of 175 miles
from Terre Haute, Ind., to Peoria, Ill.
Indianapolis Peru k Chicago.—Mr. S. L. Tripple has begun
S. Court in Indianapolis to foreclose the second
mortgage bonds on that part of the road lying between
La Porte and Peru. The complaint alleges that the first and
suit in the U.
second mortgage bonds were issued in 1855, and that the road
was
subsequently foreclosed and sold under the first mortgage
bonds, while
on the second not even interest had been paid.
Kansas City Fort Scott & Gulf.—The extension from Springfield to Memphis has been determined upon. Six million dol¬
lars will be required, and to raise this 6 per cent bonds to the
ported in Cincinnati that the sale will not take place on August
as advertised, but that it will be postponed until next March. amount of $6,000,000 will be issued, together with $4,500,000 in
Columbus Chicago k Indiana Central.—The affairs of this stock of the new line. The Transcript says one-half of this
subscription will be offered to Fort Scott stockholders. The
company have lately taken a new turn, in consequence of the
other half has already been taken privately to insure the suc¬
appointment of a new committee to represent the bondholders cess of the
enterprise.
Each holder of fifty shares of Kansas
under the reorganization agreements. The facts of the matter,
City
Fort
Scott
&
Gulf
stocks
will have the right to take $2,000
as reported below, are furnished for publication in the Chron¬
6 per cent bonds of the new line at par and receive a bonus of
icle, and are believed by the editors to be substantially correct.
fifteen shares of stock.
Originally Messrs. Adrian Iselin, William Whitewright and
Louisville
k
Ricnard T. Wilson wrere the committee of the bondholders to
Nashville—Louisville New Albany k
take care of their interests and aid in securing whatever was Chicago.—The Cincinnati Enquirer says: “ It is stated on
due to them. By the terms of the agreement under which this good authority that negotiations are now pending iirNew X°rk
committee was appointed, it was provisional, and a permanent between the officials of the Louisville & Nashville and the
Louisville New Albany & Chicago Railroads, looking to the
committee was to be appointed by the bondholders.
The trustees of the first mortgage, Messrs. William R, purchase of the latter road by the Louisville & Nashville Com¬
Fosdick and James A. Roosevelt, commenced suit against the pany.” * * * “ That the negotiations have been delayed,
Pennsylvania Railroad Company to compel that company to awaiting the ratification of the recent consolidation of the
pay the rent due under the lease of that railroad, the recovery Louisville New Albany & Chicago Road with the Air-line now
to. be for the benefit of the first mortgage bondholders.
After building from Bradford to Chicago ; but that matter being now
long litigation these proceedings resulted in a decree in favor virtually accomplished, it is expected that the sale of the road
of the mortgage trustees against the Pennsylvania Railroad to the Louisville & Nashville compan3r will be consummated
Company for about $2,800,000, and the rent for the future was within the next few days.”
also fixed by the same decree.
Manhattan—Metropolitan—New York
Elevated.—The
The Pennsylvania Railroad Company appealed from this counsel for the New York Elevated Road obtained an order to
decree to the Supreme Court of the United States, and that show cause why the Manhattan
Railway Company should not
appeal is now7 pending. Meanwhile, it is said the Pennsylvania return to the New York Elevated Railroad the property belong¬
Railroad Company, the debtor in this j udgment, bought up a ing to that road. The order was made returnable
July 27
large quantity of the bonds secured by the first mortgage and before Judge Westbrook.
represented by the trustees who had recovered the judgment.
The petition in the case sets forth that the Manhattan Com¬
In this condition of things a call for a
meeting of the bond¬ pany owes the New York Elevated Railroad Company for
holders was issued for the purpose of electing a permanent rental due July 1, $5,000 ; for dividend rental due at the same
committee in the place of Messrs. Iselin, Whitewright and Wil¬ time, $162,500 ; and for interest on the first
mortgage bonds of
20,
$297,500 ; making a total of $465,000;
Company is in default for not
New York Company for the
years 1879 and 1880.
The petition states that the New York
Company owes no debts except its first mortgage bonds,
amounting to $8,500,000, and claims for damages and taxes
which the Manhattan Company is bound to pay, and that the
■New York Company has a considerable cash surplus on hand.
The petition states that the earnings of the New York Company
have been more than enough to pay the interest on its bonds
and a dividend to its shareholders of at least 10 per cent.
the New
and that
York Company,
the Manhattan Railway
raying taxes assessed upon the
.
Richmond & Danville.—A Richmond
dispatch to the Balti¬
that members of the Richmond & Danville Rail¬
road syndicate holding 26,624 shares of stock of that road have
formed a pool which, under the conditions of the organization,
is to exist for ten years: “The stock will be assigned to a com¬
mittee composed of General T. M. Logan, Joseph Bryan, John
P. Branch, Wra. H. Palmer and James H. Dooley, of Richmond,
and Wm. P. Clyde and G. W. Perkins, of New York. The stock
more
Sun says
is to be
deposited with the Central Trust Company of New
A large
number of unsuccessful applications have been made to secure
At the hearing before Judge Westbrook in New Y'ork, July membership in this pool.
The members represent a controlling
27, an adjournment was asked by other parties than'the New interest in the Piedmont Air-Line system and branches thereto
in the Carolinas and Georgia, and have practically the control
York Company, and an adjournment to Aug 11 was granted.
In the Metropolitan injunction suit of F. N. Weiler, the of the traffic along tne Southern coast.”
argument on the motion to continue the temporary injunction
St. Louis Bridge—Missouri Pacific—Wabash.—A press
was heard before Judge Van Hoesen in the Court of Common
dispatch from St. Louis, July 22, says: “It is authoritatively
Pleas, Chambers. The temporary injunction restrained the stated that the Missouri Pacific and Wabash railroad companies
Manhattan Company from paying the rental dividend due the have leased the bridge across the Mississippi River here
Metropolitan Company, and also restrained this company from for ninety-nine years. The precise terms of the lease have not
disposing of its rents, profits or income by distribution by way transpired. The bridge will continue to be operated as before.”
of dividends to its shareholders, or otherwise than in payment
Selma & Greensboro.—At Selma, Ala., July 27, the Selma
of the current expenses of the company and of its obligations
& Greensboro Railroad was sold and transferred by Messrs.
to its bondholders.
Judge Van Hoesen reserved his decision.
Carlisle, Jones, Crenshaw and Ruckers, its owners, to Frederick
Minnesota State Bonds.—A dispatch dated St. Paul, July Wolffe for a sum over $500,000. Mr. Wolffe has
bought it for
26, says: “ Tlie tribunal appointed to decide upon the validity the Memphis Selma & Brunswick Railroad Company, a syndi¬
of the railroad bonds began its session at the Capitol to-day. cate
representing $27,000,000. The following organization of
The Attorney-General filed objections to the tribunal’s juris¬ the
syndicate was effected there on the 27th: F. Wolffe, Presi¬
diction, the principal one being that the act of the Legislature dent; J. C. Seligman, Charles E. Lewis, John Travers, Jr., and
authorizing the tribunal was unconstitutional. This was fol¬ W. R. Travers, of New York; A. W. Jones and C. M. Shelley, of
lowed by reading of writs of prohibition from the Supreme Selma; and Thomas R. Roulhac, of Greensboro, directors; M.
Court on an affidavit of David A. Secombe, and an order from
Calm, Secretary and Treasurer; W. T. Crenshaw, Assistant Sec¬
the same court, signed by Chief-Justice Gilfillan, that the five
retary and Treasurer. The Selma & Greensboro Railroad is 44
District Judges composing the tribunal show cause why said miles
long. It is graded to Acron, on the Alabama Great
writs be not issued. The tribunal made a return to the order Southern
Railroad, to which point it wjll be completed bv
denying the premises recited in Seeombe’s affidavit and the December 1. This is one more link in the syndicate’s trunk
objections of the Attorney-General, and adjourned one week to line from Memphis, Tenn , to Brunswick, Ga. It already owns
allow further consideration of the questions.”
a line, partly completed, from Memphis to Columbus, Miss.,
Mutual Union Telegraph.—A dispatch from Boston, July and owns another from Albany; Ga., to Brunswick.
27, said: “At a meeting of the board of managers of the
South Carolina Railroad.—At Charleston, S. C., July 2S, the
Mutual Union Telegraph Company, which was held in this city South Carolina Railroad was sold at
public auction, under the
to-day, it was resolved to open offices immediately in all the decree of the U. S. Circuit Court.' There were only two bidders,
important eastern cities for commercial business. Messages namely, the purchasing committee, who represent nearly the
will then be received from the public for all points between whole of
the bonded debt below the first mortgage and much of
Boston and Washington. Reports were submitted from the
the stock, and the Charleston syndicate, who had lent money to
division superintendents of construction along this route that the
the company on the security of its bonds. The only object of
line was in efficient working order, and ready to take business.
this syndicate was to bid enough to ensure a fund sufficient to
Nothing remains to be done except to string wires from the cover its claim; that done, bidding ceased, and the property was
main line to the different offices selected in the cities now
knocked down to W. H. Brawley, for the purchasing committee,
reached. It was also reported to the meeting that the com¬
for $1,275,000 over and above the first mortgage debt of about
pany’s lines wrould be ready by the first week in August to be $3,000,000.
opened to Buffalo and Pittsburg, and by September as far west
Charleston
News
—The
and
Courier reports : “ A
as Chicago.”
meeting of the holders of the stock of the South
New Orleans & Northeastern—Alabama & Great South¬ Carolina Railroad Company not represented in the pool
ern—Vicksburg & Meridian—Vicksburg Shreveport & was held at the hall of the Bank of Charleston. About twenty
Pacific—The Erlanger syndicate now controls the following gentlemen, representing about 1,000 shares of non-pool stock,
roads: The Alabama & Great Southern, extending 300 miles, were present. On motion of Col. C. H. Simonton, Gen. James
from Chattanooga to Meridian ; the Vicksburg & Meridian, 150 F. Islar of Orangeburg was called to the chair and Mr. W. S.
miles, from Meridian to Vicksburg ; the Vicksburg Shreveport Hastie, Jr., was requested to act as Secretary. After a brief
& Pacific, 198 miles, from Vicksburg to Shreveport, forming a discussion looking to a determination of the best course to be
direct line to Texas, as the New Orleans & Northeastern, which
pursued by the non-pool stockholders, Messrs. J. F. Ficken,
is to be commenced and completed at once, making a direct line A. S. Johnston, E. M. Grimke, A. B. Rose and W. S. Hastie,
from Cincinnati, by the way of the Cincinnati Southern, to New Jr., were
appointed a committee to prepare a plan of action to
Orleans.—N. Y. Herald. '
be submitted to an adjourned meeting of the stockholders on
New l"ork & New England.—The extension of the New Yrork Friday next at the same place. The meeting yesterday was
& New England Railroad from Waterbury, Conn., to Brewster’s held with closed doors, reporters and all persons not holding or
was opened July 25 for local passenger traffic.
By means of representing stock being excluded.”
—The jV. Y. World says : “ It is understood that the hold¬
this line, in connection with the New YTork City & Northern
Railroad, a new route is provided to Hartford and the East. ers of about 8,000 shares of the old stock of the South Carolina
The newly finished extension is forty-one miles in length. The Railroad Company, who refused at first to accede to the terms
track is to be extended this fall to Fishkill, which will be the of the reorganization, will be allowed now to come in and share
in the advantages to be derived therefrom. The agreement
western terminus of the road.
Pennsylvania Railroad.—The gross and net earnings in provides :
“First—For tlie issue of not exceeding $5,000,000 first consolidated
June, and for the first six months of the year, are specially mortgage bonds which are to be used to pay off such bonds as have been
compiled for the Chronicle in the table below. In June, 1881, decreed by the court to be a lien on the road prior to the old second
there was an increase of $585,961 in gross earnings and $476,296 mortgage bonds; to pay off the second mortgage bonds and to provide
in net earnings. For the six months there was an increase in for so much of the floating debt as is secured by first or second mortgage
bonds.
1881 of $2,119,769 in gross, and $902,747 in net, earnings.
“Second—Tliat’second consolidated mortgage-six per cent bonds may ho
York, which company will give certificates therefor.
7
,
ALL LINES EAST OF PITTSBURG AND
,
Gross
Earnings.—/
ERIE.
Net Earning$.
1881.
1880.
,
1881.
1880.
$3,189,215
3,095,G14
$1,20G,8G1
1,158,104
March
3,844,304
$3,083,551
2,944,576
$1,3GG,298
1,232,182
April
May....'.
3,760,372
3,85G,S97
3,488,366
3,417,916
1,655,810
1,G38,610
1,495,582
1,476,852
January
February
June
3,807,437
3,278,186
3,221,476
1,799,226
1,488,543
Total
$21,553,839 $19,434,071
$8,997,154
As to the lines west of Pittsburg and Erie, the
1,511,248
1,012,247
$3,094,409
monthly re¬
ports issued in 1880 and for the current year show the results
below. The company’s report, however, states the gain since
Jan. 1 this year, against the same period in 1880, as $284,676.
ALL LINES WEST OF
Net
Surplus
1881.
over
'
PITTSBURG.
all Liabilities.
1880.
Inc. or Dec.
in 1881.
$381,539
143,497
Inc.. $76,235
Inc.. 26,787
March
441,901
$305,304
116,710
April
May
496,764
218,482
312,269
11,201
Inc.. 184,495
Inc.. 207,281
January
February
June....
Net total
def. 56,400
$1,625,783
557.171
8,481
Dec.. 115,270
Dec.
64,831
$1,311,136 Gain. $314,647
issued .by the reorganized company to such amount, not exceeding
$1,500,000 in all, as may be necessary, to be delivered to the stockhold¬
ers at par for the assessment of 10 per cent, with interest thereon ; to
provide a contingent fund of not exceeding $400,000 in such bonds at
par and to provide the means of paying the first mortgage bonds of the
old company not provided for in the issue of the first consolidated mort¬
gage bonds, as they become due.
“Th ird—That income mortgage six per cent bonds may be issued by the
reorganized company to such amount, not
exceeding $3,000,000 in all,
of the principal and
as may be necessary; to provide for the payment
interest of the non-mortgage bonds outstanding; to provide for the
stock surrendered by stockholders depositing their stock and paying the
assessment of ten per cent thereon ; to provide an improvement, equip¬
ment and contingent fund not to exceed the sum of $250,000 in such
bonds at par, which amount, or so much thereof as may remain
after
defraying all the obligations and expenses of the Purchasing Commit¬
tee, shall be delivered to the reorganized company for the uses and
purposes
stated.in tlie reorganization plan.”
Summit Branch.—The Boston Transcript says : “ The
feature of the Boston market is the continued decline in Sum¬
mit Branch to $18 per share, and various damaging rumors are
rife. The fact is that the company lost, two months ago, the
lead of the vein in the old shaft, and has been searching unsuc¬
cessfully for it since.
This has been expensive, but will be only temporary.
“
The
126
THE
CHRONICLE.
Summit Branch
i VoJj XXXIlI.
Company thereby lost $50,886 in Jane as com¬
in the Summit Branch mine, making the
not operations for the past six months $24,995 behind last year.
But it gained in the Lykens Valley
Company’s mine (which is
COMMERCIAL EPITOME.
$60,92} ahead of last year to July 1), leaving the total net
result only $35,926 behind the first six months of 1880.”
Friday Night, July 29,1881.
Early in the week an unfavorable turn to the symptoms of
Tolelo Bclphos & Burlington—'Pennsylvania Co.—Con¬
cerning the report that the Pennsylvania Company had secured President Garfield, sufficiently serious to excite some apprehen¬
control of the stock of the Toledo Delplios & Burlington, and sions
respecting his recovery, cast a gloom over mercantile circles,
that it would be transfer red within sixty days, the Boston
which had its effect upon values, checking advances and hast¬
Advertiser remarks: “ We are able to say on sufficient author¬
ity that the Pennsylvania Company has not obtained control of ening declines. More hopeful advices, however, caused this in¬
fluence to soon pass away, and business in the last half of the
this stock.”
Union Pacific.—The circular of this company dated July week was very good for the season. The weather has con¬
22, 1881, had the following :
tinued dry, and rain is now much needed over wide regions
of
“The Oregon Short Line Railway Company has been organ¬
country.
ized for the purpose of constructing and operating a railway
There has been a widely variable and unsettled market for
from a station on the Union Pacific Railway, called Granger, to
and into the State of Oregon, a distance of about six hundred provisions, and the close is quite uncertain. Pork has
declined,
(600) miles. To raise the means for constructing and equipping and mess sold to-day at $18 on the spot, with
at
offerings
the said line, the Oregon Short Line Railway Company will
issue twenty-five thousand dollars ($25,000) of its stock and $17 90 for August, $18 25 for September and $18 30 for Octo¬
twenty-five thousand dollars ($25,000) of its first mortgage ber. Lard was rather steadier, closing at ll*75c. for prime City,
bonds for each mile of its railway as completed and equipped. 12@12*05c. for Western, and refined for the Continent, 12c.
The Union Pacific Railway Company believing that the pro¬ Lard for future
delivery was quiet, closing at 12@12%02)4c. for
posed road will be, in itself, a valuable property, as well as an August; ll’90c. for September, ll*70c. for October and 11c. for
important tributary to its own line, and desiring to insure the
all the
pared with last
The OTcnmuercial
year
gimes.
•
prompt completion thereof, lias entered into arrangements
whereby stockholders of the Union Pacific Railway Company
will be entitled to subscribe for bonds and stock of the Oregon
Short Line Railway Company upon the following terms.
“Each holder of stock of the Union Pacific Railway Company
who is a stockholder of record on the 26tli day of July, 1881,
will be entitled for each fifty shares of such stock held
by him
to subscribe for one first mortgage six per cent bond of one
thousand dollars ($1,000), and for five shares of stock of one
hundred dollars ($100i each, of the Oregon Short Line Railway
Company. Such right to subscribe will expire on the 10th day
of August, 1881.
Any bonds and stock which may not be sub¬
scribed for on or before that day may be disposed of in siich
manner as may be deemed best.
“The subscription price for said bonds and stock will be as
follows:
“One six per cent bond of $1,000 and five shares of stock, of
$100 each, for the
of $1,000.
“An instalment of ten per cent of the
subscription will be
payable August 10, 1881, when transferable receipts will be
issued, and the residue in instalments of ten per cent at such
times as they may be called, not cfftener than once in
thirty
days, on notice of not less than ten days.”
The Committee on Securities of the Stock Exchange
announced the following in regard to these rights: “Referring
to the circular of the Union Pacific Railroad
Company, 22d of
July, this committee rule on all sales of Union Pacific Railroad
stock, made the 20th inst. and previously, and delivered after
that date, the seller must give the buyer the written right to
subscribe to the bonds and stock of the Oregon Short Lire
Railroad Company. The holder of the right must notify the
sum
maker thereof, in writing, before the 10th of August,
desire to take the bonds and stock of the new company,
making himself liable for all payments thereon
This also
as
of his
thereby
required
applies to borrowed and loaned stocks.”
Wabash St. Louis & Pacific.—The Wabash St. Louis &
Pacific Railway Company give notice that a special
meeting of
its stockholders will beheld in St. L :uis, September 28, 1831, for
the purpose of acting upon the following agreements made
by
its board of directors:—1. An agreement with the Cairo &
Vincennes Railway Company for the consolidation of that com¬
pany with this company. The said agreement also provides for
the issue in exchange for the common stock of said
company of
common stock of this
company to the amount of not exceeding
$3,500,000, being an increase of the capital stock of this com¬
pany to that extent. 2. An agreement with the Danville &
Southwestern Railway Company for the consolidation of said
company with this company. 3. An agreement with the St.
Francisville & Lawrenceville Railroad Company for the consoli¬
dation of said company with this company. Each of the fore¬
going agreements provides for the issue by this company of its
5 per cent bonds to the amount of $3,857,000, secured
by mort¬
gage upon the railroads and property of said Cairo, Danville and
St. Francisville companies. Said issue of bonds is to be
paid to
the stockholders of the said three companies and for
rolling stock
of said Cairo Company, in the proportions
specified in said
agreements. 4. An agreement between the St. Louis Bridge
Company, the Tunnel Railroad Company of St. Louis, the
Wabash St. Louis & Pacific Railway Company and the Missouri
Pacific Company, for the lease by the two last-named
companies
of. the bridge over the Mississippi River and the tunnel and
railroad tracks and for the acquisition by the lessee
companies
of the common stock of said St. Louis Bridge
Company.
—The Secretary gives notice to the New York Stock
Exchange
that the Executive Committee of the board of directors have
^authorized the issue of $4,500,000 of the general mortgage
bonds of this company for the purpose of
paying for railway
lines acquired, or in process of acquisition, and for
rolling stock
and improvements, in accordance with the terms and
require¬
ments of the mortgage.
These bonds will be numbered from
8,001 to 12,500 inclusive, and have been placed on the list.
—A dispatch from Springfield, Ill., July
28, says the St. Louis
Jersey ville & Springfield RR. has been purchased by the Wabash.
year.
meats
Bacon is entirely nominal in this market.
Cat
very scarce, and rib bellies of medium weights are
held at 10c. Beef and beef hams are dull. Butter has ruled
are
steadier, and choice is slightly dearer. Cheese has continued
quiet, but holders are firm in consequence of a drought. Tal¬
low sells at 6%@6%c. and stearine is quoted at
14@14/4c. The
following is a comparative summary of aggregate exports from
November 1 to July 23 :
Pork
Bacon
Lard
1880-81.
lbs.
48,529,200
lbs. 540,830,824
lbs. 202,307,242
1879-SO.
53,409,400
610,172,271
297,523,359
Decrease;
*
4,880,200
09,335,447
35,150,117
Totil
lbs. 857,733,206
967,105,030
109,371,704
Rio coffee has been without essential change,
and closes at
11%@11%c. for fair to good
The visible supply for
excluding stocks in second hands, is 290,000
bags. Mild grades have also been very quiet. Rice has been
steady and fairly active. The tea sales have gone off at pretty
full prices.
Molasses continued very quiet, and 50-test is
quoted nominally at 34^c. Sugars were dull most of the
week, and stocks have accumulated; but there was more doing
to-day at 7%@7Mc. for fair to good refining grades of Cuba,
8%c. for No. 12 boxes and 8%@8%e. for centrifugal. Refined
sugar has been dull and closes lower at lC@10%c. for hards.
The market has continued very quiet for
Kentucky leaf; sales
for the week are only 264 khds., of which 165 for
export and
99 for home consumption, and prices are
depressed, lugs being
quoted at 4^@5^c., and leaf at 6@12^c. Seed leaf, on the
contrary, has continued in good demand, and the sales of the
week are 2,750 cases, as follows: 2,000 cases 1880 crop,
Pennsyl¬
vania, assorted lots, 12@18/£c; 100 cases 1879 crop, Pennsyl¬
vania, 10@40c.; 300 cases 1880 crop, New England, seconds, 10(3)
12^c.; 50 cases 1879 crop, New England, 12@18c*., and 300
cases 1880 crop, Ohio,
private terms; also 500 bales Havana,
88c.@$l 18.
There has been less doing in naval stores, and the position
lacks the late confidence and strength. Spirits turpentine in
yard quoted 41@41^c., and strained to good strained rosins,
$2@$2 07^. Petroleum has had good export, sales have been
made at 7%e. for refined here, and 7}£@7%c. at Philadelphia
and Baltimore. Crude certificates have been sharply advanced,
selling at S0>£c. at one time, But closing at 77/£c. bid. Ameri¬
can pig iron shows a revived activity, and fully 25,000 tons
have been sold at current rates. Scotch pig iron has also been
in better sale and steady.
Steel rails have declined a trifle,
and sales of 3.000 tons, for 1882 delivery, have been reported
at $55 at tide water.
Ingot copper has had a fair trade at
16>2C. for Lake. Hops remain quiet.
Wool is still dull and
irregular in price.
Ocean freight room has had a good movement and all rates
rule firm.
The petroleum charters have been particularly
heavy, and at the close tonnage is in reduced supply. The en¬
gagements and charters to-day included: Grain to Liverpool,
by steam, private terms; quoted 5%d.; bacon for next week,
25s.; cheese, 35s.; cotton, 7-32d.; flour, 15s.; grain to London,
by steam, ,.5/£@5/*2@5Md.; cheese, 27s. 6d.; flour, 17s. 6d.;
grain to Glasgow, by steam, 5@5Md.; cheese, 35s.; bacon, 25s.;
flour,T8s. 9d.; grain to Antwerp, by steam, 5/£d.; grain to Cork,
for orders, 4s. 7^d. per qr.; do. to Lisbon, 12c. per bushel:
refined petroleum to Liverpool, 3s. Id.; do. to Bremen; 3s. Id.;
do. to .Trieste, 4s.; do. to the Baltic, 4s.; do. to direct Irish
port, 3s. 6d.@3s. 7/£d.; do. to Cork direct, 3s. 9d.; crude do. to
Marseilles or Cette, 4s.
the United States,
.
cargoes.
THE CHRONICLE.
1831,E
July 30,
COTTON
In addition to above exports, our telegrams to-night also give
the following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar figares for New York, which
us
Friday, P. M-. July 29. 1881.
The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (July 29), the total receipts have reached 16,151
are
receipts since the 1st of September, 1880, 5,757,558 bales, against
4 890,902 bales for the same period of 1879-80, showing an increase
since September 1, 1880, of 866,656 bales.
Receipts at—
399
Galveston
Indianola, <fcc.
Orleans...
New
Xfnhile
Florida
Bruusw’k, &c.
Charleston
...
283
409
403
....
....
....
160
•
•
.
.
Total.
60
1,714
30
30
391
156
933
73o
3;985
216
64
1G4
132
974
....
....
5
5
16S
....
118
207
....
....
107
....
25
....
....
184
197
....
....
248
153
150
....
1,700
164
164
87
458
....
20
....
151
....
15
15
106
906
1,908
.
....
....
132
....
186
....
.
....
30
383
....
....
157
194
«...
56
....
43
....
493
77
.—
58
..
Fri.
144
....
Boston
Baltimore
Thurs.
1,523
106
Wilmington
Moreh’d C.,&c
Norfolk
City Point,&c.
New York
Wed.
243
....
Royal, &c.
Tucs.
224
520
Savannah
Pt.
Mon.
115
115
27
79
449
•
•
•
120
332
416
1,543
300
218
20
695
1,045
670
274
*■*
4
prepared for
special
our
Lambert. 60 Beaver Street.
bales, against 19,362 bales last week, 18,199 bales the previous
week and 19,163 bales three weeks Bince; making the total
Sat.
127
On
JULY
29, AT—
France
10.0G8
Coast¬
Foreign
wise.
Leaving
Stock.
Total.
1,200
None.
None.
50
600
714
None.
800
11,310
None.
None.
None.
N0110.
300
200
2,200
123.797
22,628
19,783
1,109
883
2.364
24,489
233,270
Unarleston
6,015
2,500
New York
Other ports
Total
Other
-
859
None.
None.
None.
Norm.
250
None.
None.
None.
None.
Savannah
Galveston
*
Shipboard, not clcaredr—for
Great
Britain.
New Orleans
Mobil©
by Messrs. Carey, Yale &
use
included in this amount there
ports, the destination
Cotton for future
383
6,729
*3,400
3”.0 bales at presses for
of which we cannot learn.
delivery
are
rather firmer
59,656
3,899
None.
50
800
820
4,268
18,002
foreign
Saturday lasj,
Monday and Tuesday
prices declined 14 points for this crop and 8@10 for the next,
under weak accounts from Liverpool and a general subsidence of
speculative action. On Wednesday, Liverpool quite unexpectedly
was
on
but closed weak, and in the course of
advanced; the bears
alarmed for the contracts which they
were
had
put out quite freely at the close of Tuesday’s business, and
buyers to cover them; the notices for August
2,589
Totals this week
2,625
2,076
2,720
3,179
2,962 16.151
delivery came out pretty freely, but were generally “ stopped,”
For comparison, we give the following table showing the week’s
and the consequence was, this crop advanced 17 points and the
total receipts, the total since Sept. 1,1S80, and the stocks to-night
next was 6@9 points dearer.
Yesterday Liverpool further
and the same items for the corresponding periods of last year.
advanced,
but
did
not
sustain
the
highest
figures of the day, and
1880-81.
1879-80.
Slock.
the advance with us was slight, except for this crop,
Receipts to
To-day
This
Since Sep.
This
Since Sep.
July 29.
the dealings in August options were large and excited, at some
1881.
1880.
Week.
Week.
1, 1880.
1,1879.
advance, but generally the market was dull without much
Galveston
667
1,714
667,773
465,091 24,731
2,994
change in prices. Complaints of injury to the growing crop by
30
22
Indianola, &c..
15,340
7,756
drought have been received, but attracted little attention, and
New Orleans
3,985 1,571,955
2,482 1,483,862 70,9G6 56,002
did
not have much effect-.
Cotton on the spot was advanced
Mobile
974
446
383,858
3,899
353,582
4,493
5
Florida
20.372
20,141
5 036
l-16c. on Wednesdaj7, and 3’esterday there was a good business
Savannah
512
1,700
866,677
723,590
5,063
4,271
for export. To-day there was a further advance of
to 11 %c.
164
5,019
Brunswick, &c.
3,643
for middling uplands.
Charleston
458
619,027
1,473
452,511
870
1,971
The total sales for forward delivery for the week are 350,300
Port Royal, &c.
49,972
30,622
49
151
bales.
For immediate delivery the total sales foot up this week
79
Wilmington
118,073
952
76,393
904
M’liead City,&c
15
30,50G
26,963
4,811 bales, including 2,185 for export, 2,286 for consumption,
Norfolk
713,127
1,908
1,87 5
577,444
3,690
4,934 340 for speculation and — in transit.
Of the above, 63 bales
115
City Point, <fcc.
203
210,799
155,295
were to arrive.
The
following are the official quotations and
New York
419
311
172,232
214,027 127,197 102,112
sales
for
?ach
Boston
day
of
the
past week.
183,007
1,543
1,641
228,580
9,890 10,393
300
Philadelp’a, &c.
50
18o
....
2,245
became active
.
1
.
Baltimore
Philadelphia, &c.
G95
51,105
72
2,245
78,716
1,076
■
Total
In order that
Receipts at—
Galvest’n.&c.
New Orleans.
Mobile
comparison
1881.
1,210
4,247
4,151
5,558
-
5,757,5581
16,151
19,23S
52,164
10,859 4.890.902 257.759 197.879
be made with
may
1879. '
1880.
other years, we
1878.
1877.
1876.
1,744
689
572
233
134
200
3,935
2,432
250
859
500
1,307
974
446
72
289
123
294
Savannah....
1,864
512
280
562
387
1.011
Chari’s t’n, <fcc
458
1,473
37
415
495
911
Wilin’gt’n, <fcc
166
79
31
106
156
76
Norfolk, &c..
2,023
4,937
2,073
3,100
185
051
604
702
All others....
1,076
551
242
652
Tot.this w’k.
16,151
....
..
10,859
2,503
3,671
2,691
5,153
Bince Sept. 1. 5757,558 4890,902 4436,156 4260,000 3958,823 4086.723
yaivwjLou
luuuiura
luuiauuut; uuanestou
lnoiuues
rort
Royal, etc.;
Wilmington includes Morehead City, &e.; Norfolk includes City Point, &e!
The exports for the week ending this evening reach a total
of 33,070 bales, of which
28,713 were to Great Britain, 1,382 to
France and 2,975 to rest of the Continent, while the stocks as
made u)o this evening are now 257,759 bales. Below are the
exports3 for the week and since September, 1, 1880.
July 23 to
July 29.
UPLANDS.
Sat.
123i8 123i6
12716 1 2?X6
Midd’g Fair 1‘33jg 133,6
Fair
1315,8 1315,6
12316
I2"l6
13*26
Th.
Frt.
Wed
Til.
9^16
&716
8*10
9*16
81’-16
9316
93,6
Ordiu’y.^tt)
Strict Ord..
S1oi<3 8^16
Good Ord..
9%
978
Str. G’d Ord 10%
10%
Low Midd’g lPm 11*10
Str.L’wMidTlLj
11*2
11 %
Middling... 11*4
Good Mid.. 121-1
12q
Str. G’d Mid 12 Hi
12*2
13 l4
Midd’g Fairi 13 *4
Fair
Exports
from—
Great
Brlt’n-
France
14
14
10*8
10*8
10*e
10%
11%
11%
10%
H&16
1134
11%
12
12L>
12 %
13 *2
14 %
12*2
12%
13*2
14*4
113x6 11516
12%
12%
13%
14*8
Total
Great
nent.
Week.
Britain.
Galveston
910
14,945
.
.
-
311,625
816
.
793
15,788
Mobile
Florida
53,030
906:273 313,174
84,070 24,774
Good Ordinary
Middling
Eb
.
2,12?
Total
108,746
473,400
355,042 1,594,480
7,4l\) 116,263
.
.
.
57,146
1,444
316,046
2,850
9,922
328,318
10,824
390.627
38,183
116,475
545,235
2
120,403
2,155
120,401
117.324
71,783
31,170
148.494
102
71,885
.
Norfolk
37,806
61,910
269,914
217,268
11,222
2,127
Wilmington...
0,015
200.5'5
..
8,070
Baltimore. fT..
2,155
Fhiladelp’a.&c
50)
589
2,159
.
.
.
•
•
•
500
Total
23,713
1,3S2
2,975
Total 1879-SO
13,658
1,533
3:3
export*} from Port Royal
•
507,795
479,733
60,812
33,070 2,775,805 553,230 1.127.282 4.4 6,317
15,544 2,540,S6
&c
378.275
137i6
143,6
Wed
Til.
Fri.
8**10
9318
9%6
8*1,6
9316
10*8
10%
10*4
1034
127,6
12**16
10*8
iSS
8*316
10*4
10%
117,6
115,6
10%
Il5l0
11%
12*8
12%
12%
13%
1134
11%
U78
12
12
12*8
12*2
12*2
12%
13*2
14*4
12%
127«
13%
1234
13*2
14*4
14%
8
9
8
9
8
9
9%
9%
9%
8*16
9*16
9**16
11
SALES OP SPOT AND TRANSIT.
CLOSED.
Sat.. Quiet and tirm..
Mon
Quiet and firm..
Tnes. Quiet
Wed
Q’tcttirm at*,6ad
Thurs V irm
Fri.
Q’t tirm at % ad
.
Ex¬
port.
242
5uG
97
1,3*0
.
.
New York
Boston
127,6
12**16
I37i6
143,6
8*3,6
95,6
10*5x6* 10*5,6 10*o,6
...
.
2
Fri.
10*10 -10*10
10*16 10*16
11*4
11*4
11*4
11**10 11**10 11**1.
11,510 11*516I11161«
10*16
Moo Toes Wed
Sat.
8%
9%
Th.
117«a
14%
Fri*
8*16
91,6
9**16
11
8316
9316
9*3x6
11*8
MARKET AND SALES.
Conti¬
nent.
“
8avannah
•includes
France
12
8%
9%
•
Exported to—
Conti¬
S%
9*8
Mon. Tom
10*16 10*ie
8**16
10
STAINED.
SPOT MARKET
New Orleans..
Charleston
July 29, 1881.
10*16
I0*i6
Wed
Sat.
8%
9*8
1310,6
Middling... HU16 HnlG 111*16
Str. G’d Mid
8%
9*8
10*16
11*4
11*4
11**16 11*1,6
U*5lb 11*5,6 H*516
127i6 127,6 127,6
12*1x6 12**16 12**10
137,6 137x6 137,6
143,6 143lf 143,6
Sfriet. Good Ordinarv
From Sept. 1. 1&80. to
Sat.
8%
8%
8%
8%
Strict Ord..
8%
8%
8%
9*6
(4ood Ord..
91316 913i6 9*3,6 ioi16
Str. G’d Ord 105ltJ 10°xo 105xe 10*16
Low Midl’g 11
11
11
11*4
Str. L’w Mid 11716 1171* H716 1111X6
Good Mid..
TEXAS.
Mon Toes
Ordin’y.^ft-
Low Middling
Week Ending July 29.
Exported to—
NEW ORLEANS.
Mou Toes
851.766 3,779,903
Total
....
2.185
ConSpec- Tran¬
Total.
sit.
sump. uVVn
219
315
312
338
578
524
2.286
1*80
....
40
-
-
-
-
....
....
120
....
—
....
340
The daily deliveries giveu above are actually
vious to that on which they are reported.
The Sales
FUTURES.
Sales.
Deliv¬
eries.
461
44.000
1,001
50,400
352
04,300
435
2,033
64.300
73.500
524
53,800
200
400
4.811 350.3)0
1,000
300
....
100
....
delivered tho day pre¬
and Prices of Futures are shown by the follow¬
ing 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:
4.
THE CHRONICLE
128
[VOL. XXXIII.
gSi’s
3
|5»l
QHdx®
mh“P3.
®
©"©*?
5’2?
=
3?
O J.t—1-<
® OB
OB <3
S* o ® yi -
S'
£*q
<*©
10
a:
p
I
2
•
or?
© •
®
©
yi
•
*3j
©
£:£
p
5'M
w®
©©-S
H*Oa
O
I—
-
© ©
© ©
4-1 4-»
© ©
ocob
©X
W -I
cc -I
CC cc
©©
©©©
©X©
4444*^
77©
XX ©
£• 4*
Cl©
C I CI
4-* H> ^
44*^
mho
M4-0
Q
©©
© X
CCMh
4*
X -1
W 4*
©tO
1 & 44-‘4-‘y»
1 @©
to
71,300
107,000
7,830
59,100
2,000
27,100
2,900
39,600
11,200
17,100
2,710
1,320
24,800
4,000
21,300
32,100
Total continental ports....
346,230
qc
CO
CO
©
© I
©
©
§
-1
-5 ©
CI c«
©
•vl©
©
©©
©
©
X w
© ©
44©
© ©
© ©
©
©
cow©
woo©
w©
©
w w
©
cow
9
©
©©
©©
c. ©
Cl Cl
dd
d
c ©
aa
©
CO©
c©©
©
-i-V©
-1-1
©
4-
—*
H* l-l
44 ©
© ©
© ©
4141
4© ©
©X
©
•|
©to
1 £9
H-
—w
4- —w
©
©©rt
© © ©
©
C.I Cl
©
Cl C’l
d
<id©
c ©
-) ©
©
© ©
©
c 0
c ©
© ©
©©
4- 4-
w w
Cl to
c©
Cl CI
X 4“
coo
4- 4* ©
©
©©
©
1 © ►“*
©©<,
7*x
©©
c©o
4- 4- ©
1
1
Ci
^
r*
4- 4*
©X
X
©X
© ©
© ©
© ©
©©
©©
c©
C ©
CO
©©
C-
4*-
CC 4^*
4* 4“
Jr* -r-
Ci
w w
©©
Ci Cl
X ci
Ci
Ci
©-1
I ©M4
I Srvn
© © 0
TJto
©©
7*0
9©
©
9©©
© © ©
©
Ci C-i
Cl C’l
©
4-4“©
4-4I©
© ©
C-1
X
X
f—4 f—4
44 ©
© ©
44
•
©
c©
©©
h-4
99
99
99
99
Cl Ci
Cl Cl
C» C'l
©©
4-> X
4f-
© 0:
dd
Ci Ci
© X
1 ©to
1 ®
H- 1-1
4-© X
© © -5
©o©
©d ©
© OCj
©Co
dd©
Zl Cr'I ^
X -1
to©
to ©
•44
h- I-*
o©
-i
w
to ft-
a
M
to
00
©
©
©
! S)
M^M^tO
© © ©
©
-1-J
1 ^
©
h-4
'
©
x
Vl
to
4-
to
1
oc
M*
:
|
■
.
©
©
©
.
M
©
©
©
1 ©
!
©
dd©
dd©
CO 05
w
i—
©
© ©
©
c ©
©©
0
XX
X -I
©.©
©
1 @
1
©
©
CC
©
9
© © O
Cv CC
©4-
©
x
4-
M —4
*5
x
©
X
1
'
©
d©
© ©
d
91
©
x ©
-1©
44
to
Ci
1 8)
1 @
1 ©:
I ©
44 © OT
•-1
c ©©
©
©d©
6
1
1
1 1
'
1
i 1
1 1 :
III-
:
•
1
©
1
©
•
© © _i
©©©
©
©d©
9
©
X
4- ©
©
-a
1
l
p^T The imports
104,000 bales.
rZ.
713,225
923,720
183,000
141,000
280,009
240,000
58.300
106,660
185,000
43,060
49,600
320,000
124,000
15,250
46,750
232,000
17,000
17,000
8,000
7,000
614,530
606,960
561,660
425,000
1,311,638
954,165
713,225
923,720
6is16d.
:
! !
:
1 ©:
1 1
i
1 1
i
1 1
i
11;
the
6,200
1880.
505,000
120,000
104,000
197,777
49,631
1,000
1 ,325,885
1 S3,000
1881.
597,000
255,000
169,000
257,759
40.926
1879.
1878.
387,000
151,000
45,000
493,000
122.098
287,000
55,000
82,978
13,966
1,00.0
11,005
977,408
720,064
929,083
43,300
240,000
58,300
124,000
15,250
91,230
280,000
106,660
185,000
141,000
43,060
49,600
320,000
17,000
17,000
8,000
614,530
606,960
1 ,325,885
977,408
561,660
720,064
100
46,750
232,000
7,000
425,000
929,033
1 ,940,415 1,584,363 1,281,724 1,354,033
into Continental ports this week have been
Interior Ports the movement—that
is the receipts
shipments for the week, and stocks to-night, and for the
corresponding week of 1880—is set out in detail in the following
statement:
a:
Week ending
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (July 29), we add the item of exports
from the United States, including in it the exports of Friday only;
1881.
1880.
1879.
1878.
780,000
43.300
745,000
58,300
528,000
43,060
617,000
15,250
823,300
803,300
571,C00„
632,250
26,679
79
375
411
774
1,523
1,550
Total, old ports..
3,001
Dallas, Texas.
Jeflcrsou, Tex.*.
114
25
347
265
31
56
80
279
104
100
..
Selma, Ala-
..
Shreveport, La..
Vicksburg, Miss.
Columbus, Miss..
Eufaula, Ala
Griflin, Ga
4,692
1,373
369
895
215
375
-
2,77 4
1,907
1,436
11,399
•
00
1,211
663
281
25
448
394
943
55
1.75
1,913
t 4,900
158
75
59
2,077
2,569
12,493
638
26,388
226
15
127
85
1
203
12
120
75
53
....
....
100
100
56
Cincinnati, 0....
1,038
1,501
5,213
Total, new ports
3,763
8,117
14,247
Total, all
G,"764
14,235
40,926
figures estimated.
1,244
3.07
9
4,117
3,170
This year's
2,661
1,068
1,321
*
4,170
3,105
122
372
549
750
*
532
178
Stock.
722
Atlanta, Ga
Rome, Ga
charlotte, N. C*.
St. Louis, Mo....
155
100
July 30, ’80.
Receipts. Sh ipm’ts
6,113
Memphis, Teun..
Nashville, Tenn.
1,563
Montgom’ry,Ala.
Columbus, Ga...
Macon, Ga....
Week ending
3,098
1,191
2,224,500.
Special notices for August—Friday, 11-91 ®12.
The following exchanges have been made during the week:
500 July for August even.
I *62 pd. to exch. 100 Sept, for Aug.;
*47 pd. to exch. 200 Sept, for Oct.
| no notice till 8th.*87 pd. to exch. 100 Dec. for Sept, j *02 pd. to exch. 300 Aug. for Aug.;
1*20 pd. to exch. 1,000 Oet. for Aug. I
nO notice till 8th.
200 July for August even.
I
The Visible Supply of Cotton, as made up bj cable and
Stock.
j
171
44
3
61
36
541
212
236
60
128
41
149
Augusta, Ga
Tuesday,
July 29, ’81.
Receipts.' Sh ipm’ts
2,372,700; Scpt.-Marcli for March, 3,466,100; Sept.-April for
April, 2,595.800 ; Sept.-May for May, 2,156,400; Sept.-June for June,
Transferable Orders—Saturday, 11*85; Monday, 11-80;
11-70; Wednesday, 11-85; Thursday, 11-95; Friday, 12 00.
Short notices for July—Monday, 11-75 ; Tuesday, 1170.
6-VL
6Lvl.
6i31(3d.
and
1 1
! 1
1,926,168 1,561,125 !1,274,885 1,348,720
1878.
ruary
954,165
follows:
These figures indicate an increase in the cotton in sight to«
night of 356,047 bales as compared with the same date of 1880, an
increase of 658,691 bales as compared with the corresponding
date of 1879 and an increase of 586,332 bales as compared with
At
1 1
,
1,311,638
Total visible supply
'j
©
©
:
Total Great Britain stock
1,000
Continental stocks
India afloat for Europe
a1
r—
1 1
bales.
26,388
1,000
Liverpool stock
Ci
*
Includes sales in September for September, 621,400; Sept.-Oct. tor
Oct., 946.500; Sept.-Nov. for November, 762,100 ; Sept.-Dee. for Decem¬
ber, 1,464,500; Sept.-Jan. for January, 2,588,900; Sept.-Feb. for Feb¬
Btock at Liverpool
Btock at London
26,679
6,200
London stock
Total East India, Ac
Total American
*2
I ©
91!
X * ■
1 1
257,759
287,000
55,000
82.978
5,642
100
Total American
East Indian, Brazil, die.—
§
*
©C'l
l ©
©
1 i
493,000
151,000
45,000
122,098
7,127
5,642
i
Egypt, Brazil, Ac., afloat
©d>
w
5
387,000
120,000
104,000
197,777
82,978
and other descriptions are as
597,000
255,000
169,000
bales
Liverpool stock
Continental stocks
American afloat to Europe....
United States stock
United States interior stocks..
United States exports to-day..
O
©o
‘
•
*
:
©
©^1
*.
©
tc
O
a
©-
c©o
XX©
9 1
x *
6 1 ©
1
bi
fa
to
1 ©
77
w
©
1 ©:
1 ©
•71905
h-4
r-1
“i
to w
©
4- -I
c©
©
Cff
1 ©
7* w
9 1 ©
bj
© ©
44 ©
I
s
GO X
©
505,000
45,000
8,000
122,098
7,127
The above figures indicate an increase in the cotton in sight
to-night of 365,043 bales as compared with the same date of 1880,
an increase of 651,283 bales as compared with 1879 and an in¬
crease of 577,448 bales as compared with 1878.
In the preceding visible supply table we have heretofore only
included the interior stocks at the seven original interior towns.
As we did not have the record of the new interior towns for the
four years, we could not make a comparison in any other way.
That difficulty no longer, exists, and we therefore make the fol¬
lowing comparison, which includes the stocks at the nineteen
towns given weekly in our table of interior stocks instead of only
the old seven towns. We shall continue this double statement for
a time, but finally shall simply substitute the nineteen towns for
the seven towns in the preceding table.
r3
c ©
1
C ©
•-1
©©
©©
1 ©
©©
cz
1
©©^4
©© ©
4-* ©
a
I—4
MHX
© © 9
©
s
©
©
to
1
bl
bj
d 1 ©
©
•
©©-
1 1
*
—1
1 ©
“i
;
X ‘
M
•
©
|
©
©to
©
4- —
©
dd
© -0
Ci
OF
§
to
O j
i
d©
©
9
:
©
1
© MX ‘
-4
©
©
<J.J0
Ci Ci
H-4 h-4
•
0
©<1
M*
©9®
c ©
1,348,720
American—
1 ®
aj ©
477*©
© ©
cc©
M -I
4-10
4-Cl
t
©7a
c©o
Cd c ^
© ©
©
4-©tO
1 ©^
©
19
bj
4-©
•
99
d ci
i
©
1
1 v.©
© Cl
©9
©
1
0
H
1 ©CO
©
1
!
JI
©©©
^0
M H*
©
Ci
1
V—4 hu
4-*
©
t*j
4> Oa
1 © C5
CO
©
IO
O
©
1 ®--t^
M^M-OO
©‘ © 0
to
©
y
H
© ©
M-4
1 $>4*
wl
^3
44 ©
©X
©
C4
4-* *—
4H
to
©©0
dd©
1
©©
©©
©©0
©
©
■
C
7*7*©
© © ©
-1
Total visible supply
Price Mid. Upl.rLiverpooi
s.
©©x
C © -y
© ©
-IX
to
©*x
Total East India, &c
Total American
O
Ci
© to
1
1 ©GO
C4
©
©44
©o
44
Egypt, Brazil, &c., afloat
s
a
©©
©*.u
9
4*4*0
WOO©
4-*
1 ©'©
1 ,926,168 1,561,125 1,274,885
91,230
Continental stocks
India afloat for Europe
w©
d
©
100
43,300
&
^7°
►—
1 ®00
1,000
Liverpool stock
London stock
M-X
©©
1 ©yi
1,000
257,759
26,679
6,200
East Indian,Brazil, dc.—
_a
©©
©
©4-
Total American
s
i—i
© 44
44 © to
©
1C cc
«S
1 ©Vl
-1 ©
©©
1
to
11
320,000
>1 the aDove, the totals of American
American—
44 ©
©©
©X
w
O
tow©
966,000
232,000
55,000
7,000
6.500
185,000
104,000
17,000
197,777
26,388
United States exports to-day..
wto
tO 4*
to
1 ©VI
©La
M 4*
0
771,660
iSHTotal visible supply
X©
-5 x©
7* ©to
CO
stocks.. ..1 ,169,530 1,029,960
Stock in United States ports ..
8tock in U. S. interior ports., a
©
00
10 © to
©
333,750
Liverpool stock
! eioo
©Xto
1 S) w
©©'to
200,600
Continental stocks
American afloat for Europe....
United States stock
United States interior stocks..
•-'-ot
r-©©
©0
©CO to
4-44©
44©^
© © ©
1 ©©
cb
•-‘-‘x
226,660
17.000
cc-1
©to
©
>—1
1 ©OD
19,000
Egypt, Brazil,&c.,aflt forE’r’pe
c.
44 © 01
©
0
j
-
44
4-* 4- ©
CO
00
©
-]5
to to
M
©
©
d
©
4-4-* CO
4- M ©
a
© -4
© ©
©
w
X'
©
w to
r-» M-*
X
©
©©
W CO
QC©
©
©
©44
4-1 4-1
1
9
© ©
4-* H-i
1 ^©
<><5
g_
XX©
cow
—4 H*
M
ft*
3*
6,500
280,000
169,000
1
©©
OCX©
1
0*
®-7
x w
d©©
4-1
Total European
47,500
9,000
India cotton afloat for Europe.
Arner’n cotton afloat for Eur’pe
©©
-I©
©
«—
s
a
168,250
5.000
32,000
7.000
39,500
500
100
4,060
3,330
United Stetes exports to-day..
©<J©
© ©
H^4
*■
1
cc©'
© © ©
44
r-4
I
t— ©»■»
1
H44©
^7*©
*?x
©©©
Ci Ct
a
©■©
M©©,
©©
ac
co
sc5
r
•
O
OR
CO
X-l
4-i I—* O
©O
G?
2?S4*S
•5 -i
1 © Cl
©Io
1 S'©
g|5
S'5.'
-
3-^~
a
d©
4-*r-©
4-1
•
44 44
©
©©©
1—1
.
©
© 44
44©0
4
t
CI?
M‘l4
h- »-*
I S> •”*
1 5'1 -*
1 ©
;
r^O.
.
© ©
©
CO
-MW©
rJ
4-> r-*
C'l
£©©2.
©
f— h-4
to
M Ci
©4-^
Cl
4- r-
9
iB
M1
©©o
Cl
H* 4-
s §
i_|
_
P
S£-~
*j
srf
b
»
1878.
1880.
199,000
3,700
40,900
5,440
36,000
42.000
Stock at
Stock at
Stock at
Stock at
Stock at
Stock at
Stock at
Stock at
Stock at
S
bi
o
GC ©
-io'
l $)r*
V)
© •
'
CO
©
.
»•
x©‘
4-
B-P
Ol
©
S-
£r*<£
p :
b :
■i? •
©
P
P
o
^
bS®
p5 ct*
to
2: f
cr?
I
2
fsIL,
Z1
>-s •
a: io
©
ao ©
js*
©
ob o
c
cc
©-1
©
5*P
93sf
C
_^rqf
o
X
<y»»
•
M f—4
©
~Sq
: *«
or?
I
l®-M3
e+t—
&
r‘c?
2 cc©*
©
©
©
e3?4
5f-
«-*i
•
X
©4
o*
p
QO-»>-J
£•-002
y4
K*ce ® P
®* M
-r
B
O
®S © W p
yJ
p
to
B
<
©
|
©: vj
©
g
*k
Qljgg
©©5,
© Mi
C3
E£:.
:
£=^<
?ael
OB
ffSi'
p sr©
g
1879.
1881.
uales.
Havre
Marseilles
Barcelona
HamDurg
Bremen
Amsterdam
Rotterdam
Antwerp
other contl’ntal ports.
-
3
•
....
432
261
30
361
34
90
1,000
593
7,574
1,200
186
3,761
1,421
9,193
2,403
6,385
23,243
3,471
10,502
49,631
"
t Counted to-day.
2,929
THE
fuLY 30, 1881.J
totals show that the old interior stocks have de¬ the same evening we had a good rain, since when it has beert
with more rain on Tuesday and Wednesday. The
creased duriug the week 3,117 bales, and are to-night 291 pleasant,
rainfall reached one inch and sixty-nine hundredths. Average
bales more than at the same period last year. The receipts at thermometer
79, highest 100 and lowest 64.
the same towns have been 1,933 bales more than the same week
Nashville,
Tennessee.—We have had a slight shower on one
last year.
day the past week, the rainfall reaching but nine hundredths of
Receipts from the Plantations.—The following table is an inch. Crops" are suffering seriously for want of rain. The
prepared for the purpose of indicating the actual movement each thermometer has averaged 81, ranging from 62 to 100.
weeK from the plantations.
Receipts at the outports are some¬
Mobile, Alabama.—We have had delightful showers on four
times misleading, as they are made up more largely one year days the oast week, and the indications are that they extended
than another, at the expense of the interior stocks. We reach, over a wide surface. The rainfall reached forty-eight hundredths
therefore, a safer conclusion through a comparative statement of an inch. The crop is developing promisingly. Caterpillars
like the following. In reply to frequent inquiries we will add have appeared, but the injury done is as yet limited. The ther¬
that these figures, of course, do not include overland receipts or mometer has averaged 84, ranging from 75 to 97.
Southern consumption; they are simply a statement of the
Montgomery, Alabama.—We have had rain on three days
weekly movement from the plantations of that part of the crop the past, week, the rainfall reaching one inch and thirty-four
which finally reaches the market through the out-ports.
hundredths. The rain was much needed, but comes too late to
RECEIPTS FROM PLANTATIONS,
help corn. Accounts from the interior about cotton are conflict¬
ing ; some sections report the crop developing promisingly, and
Stock at Interior Ports
The above
•
Week,
ending—
May
“
“
13
20
27
1880.
1881.
1879.
1880.
1881.
7,000
14,135
30,517
8,853
11,812
25,347
5,550
11,074
1879.
1880.
1881.
1879.
19,897
10,673
17,113
11,089
24,630
49,150
26,514
42,415
30,851
59,249 170,157 175,316
51,429 101,455 158,248
42.198 143..241 132,471
7,882
37,570 130,035 123,342
32,429 115,038 98,428
29,306 96,190 88,232
25,223 81,172 81,875
6,401
23.704
23.074
from others accounts are less favorable.
Rec'pts from Plant'ns.
Receipts at the Ports.
Owmg to the recent
heat, bolls have opened prematurely. Caterpillars are reported,
but no injury as yet. Average thermometer 83, highest 99 and
lowest 71.
Selma, Alabama.—The weather during the past week has
jdry. Caterpillars have appeared, though the
injury done is as yet limited. The crop is developing promis¬
19,870
ingly. Average thermometer 84, highest 98, lowest 64.
17
8,493 17.119
2,210
24
Madison, Florida.—The weather has been warm and dry
0,293 23,511 23,470
802 10,988
8,775
3,637 17,057 20,002 22,3S8 75,103 69,988
during all of the past week. The bottom crop is safe and very
July 1
1,335 10,917 13,387
8......
3,032 14,070 19,103 20.691 71,950 04,212
abundant, but the middle crop will be poor. The thermometer
4,939
8,704
15
2,809 10,691 18,199 15,528 60,198 54,777
has averaged 84, ranging from 78 to 90.
2,154
3,012 12.9S2
22
3,272 13,148 19,302 .14,410 56,002 48,397
Macon, Georgia.—It has rained on two days the past week.
2,059
3,828
8,680
20
2,503 19,859 10,151 13,960 49,031 40,920
Much damage has been done by drought. The thermometer
has averaged 85.
The above statement shows—
Columbus, Georgia.—We have had delightful showers on
1. That the total receipts from the plantations since Sept. 1 in three days the past week, and the indications are that they
1880-81 were 5,740,559 bales; in 1879-80 were 4,933,232 bales; in extended over a wide surface. The rainfall reached two inches
1878-79 were 4,446,824 bales.
and ninety-eight hundredths. 1 Caterpillars have appeared,
2. That, although the receipts at the out-ports the past week
though the injury done is as yet limited. Tlie thermometer has
were 10,151 bales, the actual movement from plantations was
ranged from 75 to 98, averaging 85.
only 8,660 bales, the balance being taken from the stocks at the
Savannah, Georgia.—We have had rain on two days the
interior ports. Last year the receipts from the plantations for past week, with a rainfall of twenty hundredths of an inch.
the same week were *3,82s bales and for 1879 they were 2,059 Reports of the crop are conflicting, but more damage than
bales.
usual from drought is generally conceded. The weather has
been very hot.
The thermometer has ranged from 75 to 101,
Weather Reports by Telegraph.—The weather during the
averaging 85.
past week has been favorable for the development of cotton;
Augusta, Georgia.—It has rained lightly on two.days the
although rain is needed at some points, more particularly in the past week, the rainfall reaching twenty-two hundredths of#an
Southwest. Caterpillars are reported in some sections of Georgia inch. Rain is much needed. The thermometer has averaged 73.
Atlanta, Georgia.—It has rained on ©ne day the past week,
and the Gulf States.
the rainfall reaching sixteen hundredths of an inch.
The ther¬
Galveston, Texas.—The weather has been warm and dry mometer has rangea from 64 to 100, averaging 79. Last w'eek
during the past week locally, but many sections have had good was exceedingly hot and dry. The thermometer averaged 83,
showers, which were very beneficial, and cotton is doing well the highest being 98 and the lowest 66.
Charleston, South Carolina.—It lias been showery on two
there ; but it is still suffering elsewhere. Picking is beginning
days the past week, the rainfall reaching forty hundredths of an
everywhere. We hear rumors of the appearance of caterpillars, inch. The thermometer has averaged 83, ranging from 74
but think them of very little importance. The plant is smaller to 103,
than last year, but in most sections is fully as well fruited.
We
The following statement we have also received by telegraph,
have received six bales of new cotton this week, making nine showing the height of the rivers at the points named at 3 o’clock
bales thus far. Average thermometer 85, highest 91, lowest 79. July 28,1881, and July 29, 1880.
July 23, '81. July 29/80.
Feet. Inch.
Feet. Inch.
Indianola, Texas.—We have had no rain during the past
Below
New
Orleans
high-watermark
6
10
10
7
week. We are suffering dreadfully for rain, but northward
Memphis
Above low-water mark... 14
0
11
14
some good showers have fallen.
Above low-water;mark...
2
0
2
2
Picking has begun. The ther¬ Nashville
Shreveport
Above low-water mark...
3
1
16
O
mometer has ranged from 77 to 96, averaging 86.
27
Vicksburg
Above low-water mark... Missing.
3
Corsicana, Texas.—We have had splendid showers on six
New Orleans reported below high-water mark of 1871 until
days the past week, doing an immense amount of good to cotton, Sept. 9, 1874, when the zero of gauge was changed to high-water
but too late for corn. The rainfall reached two inches and mark of April 15 and 16, 1874, which is 6-10ths oi a foot above
187*1, or 16 feet above low-water mark at that point.
thirty-six hundredths. Picking is about starting. The ther¬
New Georgia Cotton.—Two bales new crop Georgia cotton
mometer has averaged 84, ranging from 72 to 102.
reached Macon July 23. One was from P. E. Boyd, Le Roy
Dallas, Texas.—It has rained locally on one day the past
we?k, but not enough to do much good. The rainfall reached Station, the other from Prumus Jones, Albany. One bale was
thirty hundredths of an inch. Northward and eastward good consigned to Atlanta and the other to Savannah. The Savan¬
rains have fallen, and crop accounts are more favorable. Average nah bale was sold on Monday (July 25), at 13/£ cents. It
thermometer 92, highest 102 and lowest 84.
classed middling good style.
Last year the first bale was
Brenham, Texas.—We have had no rain during the past
week. Rain is needed in uplands, but bottoms are doing well received July 18 at Savannah.
South Carolina Cotton.—Tim first bale of upland cotton of
enough. Picking has been started. We hear rumors of the ap¬
pearance of caterpillars, but think them of very little import¬ the new crop was received at Charleston, by Messrs. F. W.
ance.
A few bales of new cotton are coming in. The ther¬
Wagner & Co., on Monday, July 25. It came from Messrs.
mometer has ranged from 75 to 97, averaging 85.
Waco, Texas.—We have had a light shower on one day the Bozard & Monaghan’s farms in Sumter County. Last year the
past week, the rainfall reaching but twenty-five hundredths of first bale was received at Charleston on August 12.
an inch.
The lowlands are doing well, but uplands need mois¬
The Coming Cotton Exposition.—H. I. Kimball, Directorture. Picking is about to begin. The thermometer has averaged
General of the International Cotton Exposition, which is to be
85, ranging from 73 to 100.
New Orleans, Louisiana— It has rained on three days the opened at Atlanta, Ga., in October, has issued a circular to
those who intend to place goods upon exhibition, announcing
past week, the rainfall reaching one inch and forty-two hun¬
that in view of the assured financial success of the Exposition,
dredths. The thermometer has averaged 85.
it has been resolved to rescind the rule which required a pay¬
Shreveport, Louisiana.—Telegram not received.
ment of so much for every square foot of space occupied upon
Vicksburg, Mississippi.—Telegram not received.
Columbus, Mississippi.—We have had a light shower on the floor, and to make the fee of $25 for entry, the only charge
against exhibitors. This should be an additional inducement
one day the past week, the rainfall reaching but three hun¬
dredths' of an inch. The days have been warm, but the nights to exhibitors to make their displays as complete as possible,
have been cold. Average Thermometer 88, highest 97 and and thus help attain the object which the promoters of the
scheme have in view, namely, a grand exhibition of the various
lowest 75.
Little Rock, Arkansas.—On Friday morning of the past devices, methods, tools, &c., employed in the production of
week the thermometer reached its highest point for the summer; cotton.
June
“
3
10
....
“
“
0,012
7,188
18,580
82,642
29,432
23.218
1,471
4,065
been
11,008 23*,513
4.518
2,983
1,022 18,022
warm
and
'
“
“
“
..
!
.
.
Jutb rtLTS, Bagging, Etc.—No change has taken place in
the market since our last report. The demand for bagging is
cnly moderate, but the market is steady, and prices are still
quoted at previous figures. The salts have been about 700
rolls, and for these full figures were paid, and the market
closes at 9%c. for 1/4 lbs., 10%c. for 2 lbs. and ll^@llyic. for
standard qualities. Butts are in the same position, and there
is not much business doing, except for present wants. Prices
are unchanged, and but little disposition is shown to accept less
than quoted figures, which are 2%@3c. for paper grades and
3%i@3/4c. for bagging qualities.
Comparative Port Receipts and Daily
Crop Movement.—
comparison of the port movement by weeks is. not accurate,
the weeks in different y<?ars do not end on the same day of the
month. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The movement each month
since September 1 has been as follows:
A
as
Tear
Monthly
Receipts.
1879.
1880.
453,478
963,318
333,643
888,492
Kovemb’r 1,006,501
December 1,020,802
942,272
Sept’mb’r
October..
January
February.
.
March...
April....
May
June
571,701
572,723
476,532
284,216
190,054
131,871
956,464
647,110
447,918
261,913
153,025
110,000
88,455
1877.
1875.
1876.
288,843
93,491
236,868
689,264
779,237
578,533
675,260
822,493
901,392
900,119
787,769
500,680
449,636
893,664
618,727
566,821
303,955
167,459
84,291)
29,472
689,610
472,054
340,525
197,965
96,314
42,142
Year
receipts Jime 30..
99*42
97*52
Shipments since Jan. 1.
Conti¬
Bril'n. nent
Great
Great
132,937
100,194
63,939
36,030
169,077
610,310
740,116
821,177
637,067
479,801
300,123
163,593
92,600
42,234
96-73
97-56
This statement shows that up to
■
Total.
[ Conli-
Britain\
Receipts.
This
Week.
Total.
nent.
i
2,000 10,000 12,000 *2GO.OOO!511.000
2.000
2,000 346.000; 4 62,000
3,000
3,000 *240.000 305,000
2,000 7,000 9,000 286.000! 384,000
1881
1880
1879
1878
771.000
808.000
5 45.000
670,000
Since
Jan. l.
6,000 LM 3.000
8.000 1,038,000
4,000
763,000
2,000
839,000
According to the foregoing, Bombay appears to show a
compared with last year iu the week’s receipts of 2,000
bales, and an increase in shipments of 10,900 bales, and the
shipments since January 1 show a decrease of 37,000 bales.
The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for
the same week and years has been as follows
decrease
CALCUTTA, MADRAS, TUTICORIN, CARWAR. RANGOON AND KURRACIIBE.
Shipments since January 1.
Shipments this week.
Year.
Great
Britain.
Conti¬
Great
Britain.
Total.
nent.
1881
9,000
1880
4,000
10,000
4,000
10,000
15.000
1,000
5,000
160,000
195,000
I8S.000
80,000
3,000
3,000
-
Conlinent.
Total.
64,000
224,000
271,000
302,000
126,000
76,000
114,000
46,000
The above totals for this week show that the movement from
the ports other than Bombay is 6,000 bales more than for the
same week last year.
For the whole of India, therefore, the total
shipments this week and since January 1, 1881, and for the cor¬
responding weeks and periods of the two previous years, are as
follows.
EXPORTS TO EUROPE FROM ALL INDIA.
1881.
Shipments
all Europe
to
from—
All other
1879.
Since
Jan. 1.
12,000
771,000
2.000
303.000
3.000
545,000
10,000
224,000
4,000
271,000
15,000
302,000
22.000
995,000
6,000 1.079,000
18,000
847,000
p’rts
Total
1830.
This
week.
Bombay
Total year 5,631,281 4,837,323 4,421,749 4,233,246 3,939,755 4,056,109
Pero’tageef tot. port
96*7 1
Shipments this week.
1879
1878
Beginning September 1.
1878.
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
This
week.
Since
Jan. 1.
This
week.
Since
Jan. 1,
This last statement affords a very interesting comparison
total movement for the week ending July 23, and for the
of the
three
June 30 the receipts at the years up to date, at all India ports.
ports this year were 843,953 bales more than in 1879-80 and
Alexandria Receipts and Shipments.—Through arrangements
1,259,532 bales more than at the same time in 1878-79. By adding we have made with Messrs. Davies, Benachi & Co., of Liverpool
to the above totals to June 30 the daily receipts since that time, and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the receipts
we shall be able to reach an exact comparison of the movement
and shipments for the past week and for the coiresponding week
for the different years.
of the previous two years.
1831.
,
1880.
1879.
1878.
1877.
1876.
Tot.Jn. 30 5,681,2S1 4,337,328 4,421,749 4,238,246 3,939,755 4,056,109
343
948
8.
3,402
1,904
1,073
July 1....
44
2....
44
3...
44
4....
44
6....
°7
44
8....
44
9....
44
10....
44
11....
44
12...
44
13...
44
14....
44
15....
44
16....
44
17....
18....
44
8.
1,763
2,355
4,003
3,880
3,961
3,036
5....
41
44
2,701
8.
3,222
2,761
3,045
3,404
3,469
S.
19....
44
20....
3,009
4,18S
2,46:
44
21....
3,71:
44
22....
44
23....
44
24....
2,512
2,589
S,
2,625
44
25....
26....
44
27....
44
28....
44
29....
8.
2,G2i
1,530
1,764
2,068
4,563
2,232
2,7311
44
“
2,902
1,521
,
8.
1,374
983
271
970
1,548
1,176
1,541
1,861
629
761
848
414
1,163
367
2.51 S
1,009
2,067
81C
914
9GL
819
1,134
8.
1,112
8.
334
930
563
1,013
s.
r
32*2
796
287
674
034
694
399
1.034
479
1,485
346
726
C29
753
1,282
8.
■
798
1,128
2,137
409
783
206
831
2,632
1,406
255
583
364
158
793
572
1,382
613
839
330
633
415
1,468
1,247
1,094
477
996
567
239
1,338
8.
2,502
1,531
1,490
8.
542
8.
S.
S.
978
S.
2,897
521
772
3,322
406
489
572
2,665
334
711
603
1,795
8.
8.
1,039
508
621
915
289
1,129
314
906
2,720
3,179
1,254
8.
447
249
694
1,546
501
8.
201
1,267
630
502
Exports (bales)—
To Liverpool
To Continent
Total Europe
*
8.
482
Total
5,757,558 4,888,954 4,435,073 4,257,368 3,956,333 4,034,216
Percentage of tota
97*74
97*96
99*72
9797
97*45
port rec'pts July 29
This statement shows that the
'
1880.
2,000
2,773,500
This
week.
1S79.
1,000
1,666,000
3,*2oV.ooo
This
iveek.
Since
Sept. 1.
Si nee
Sept. 1.
Th is
rceck.
Since
Sept. 1,
1,250 246,750
154,074
291.280
175,470,
300 170,700
200 79,600
1,250 400,82 4
466,750
500 250,300
A cantar ia 93 lbs.
This statement shows that the
were 2,090 cantars and
July 28
were
receipts for the week ending
the shipments to all Europe
1,250 bales.
Manchester Market.—Our report received from Manchester
to-night states that prices for both twists and shirtings are
unchanged, and that the market is inactive but firm. We give the
prices of to-day below, and leave previous weeks’ prices for
comparison:
1881.
d.
d.
1880.
Oott'n
8 k lbs.
32s Cop.
Twist.
Shirtings.
8.
2,354
1,092
This week....
Since Sept. 1
874
2,076
2,962
Receipts (cantars*)—
452
8.
1831.
July 28.
S.
815
i
Alexandria, Egypt,
s.
d.
s.
d.
Mid.
JJp ds
d
32s
d.
d.
Cott'n
8 k lbs.
Cop.
Iwist.
Mid.
Shirtings.
a.
d.
s.
d.
UpUU
d.
O'1!#
May27
8k® 9k 6
r>ka>7
8k
51516
9k ®10k 6
7k®7
7k
J une 3
“
10
“
17
“
24
8k© 9k 6
876 a) 9k 6
5k@7
5k®7
5k®7
5k©7
8k
8k
7k
6k
7k
7k
6ikfl
4k®7
5k®7
8k
6316
6
6
6k
6k
9
9
9
9
0
0
6°ir
9k ©10k 6
9k ©10k 6
9k ©10k 6
9
© 9k 6
9
© 9k 6
6
9k ©10
6
9k ®10
7 k® 7
7k®7
8k
61ic
6**16
6316
6310
6ik«
6k
6
7k®7
7k
7k
9
938 ©10k [6
7k®7
9
6Wi«
July 1
*f
“
44
“
8
15
22
29
87a® 9k 6
878® 9k 6
87a® 938 6
9
©
9k 6
9k® 9% 6
918® 9k 6
9k® 9% 6
*©8
©8
@3
©8
8k
0
0
69,6
6^16 93a @10k
61316
4k®7
7k ®7
7k®7
7k®7
Shipping News.—The exports of cotton from the
States the past week, as per latest mail returns, have
6131S
613W
United
reached
receipts since Sept. 1 up to
39,575 bales.
So far as the Southern ports are concerned, these
to-night are now 868,640 bales more than they were to the same are the same exports reported by telegraph, and published in
day of the month in 1880 and 1,322,485 bales more than they were the Chronicle last Friday. With regard to New York, we
to the same day of the month in 1879. We add to the table include the manifests of all vessels cleared up to Wednesday
the percentages of total port receipts which had been received to night of this week:
Total bates.
New York—To Liverpool, per steamers Algeria, 250
City of
July 29 in each of the years named.
India Cotton Movement from all Ports.—The figures which
are now collected for us, and forwarded by cable each
Friday, of
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 first give the Bombay statement
for the week and year,
bringing the figures down to July 28.
Montreal, 812
City of Richmond, • 301....Helvetia,
2,170
Olbers, 1,482
Wisconsin, 3,061
To Havre, per steamer France, 589.
Tj Bremeu, per steamers Donan, 52... .Number#, 6
"To Hamburg, per steamer Herder, 601
To Barcelona, per bark India, 1,500
NEW Orleans—To Liverpool, per steamers American, 3,052—
Architect, 3,170....Ponca, 4,482
To Havre, per bark Kathinka, 2.853
To Bremen, per
ship Lydia Skolfield, 2,143
8,076
589
58
601
1,500
10,704
2,856
2,143
THE CHRONICLE.
1881.1
July 30,
Total bales.
rniRLESTON—To Reval, por bark Ocean, 1,475
t^xas—To Liverpool, per brig Spiea, 475
Norfolk—To Liverpool, per ship Mary Stewart, 3,806
Baltimore—To Liverpool, per steamer Columbia, 793
To Bremen, per steamer Brauuschweig, 300
Boston—To Liverpool, per steamers Iberian, 2,251
Iowa,
Marathon, 714
Minnesota, 1,166
971
Philadelphia—'To Liverpool, per steamers Lord Gough, 600
475
3,806
793
Friday, P. M.. July 29, 1881.
The flour
300
5,102
1,100
Total.
311,575
The particulars of
form, are as follows:
in
these shiprr.eats, arranged
Bremen &
Liverpool. Havre. Hamburg. Reval.
New
New
BREADSTUFFS.
1,475
Pennsylvania. 500
York
8,076
Orleans... .10,704
589
659
2,853
2,143
our usua
Barce¬
lona.
Total.
1,500
10,82 4
15.700
1,475
Charleston
4.5
Norfolk
3,806
793
Baltimore
Boston
5,102
Philadelphia.... 1,100
1,475
475
Texas
3,806
300
1.093
5,102
1,100
30,056
Total
3,492
3,102
1,475
1,500
39,575
give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Below
we
Train, ship, before reported. Steamer Juana, from Havana for
Liverpool, which put into Norfolk, July 25, for coal, has a portion
of the cargo of cotton of condemned ship Enoch Train. She coaled
"and proceeded A. M. 26th.
Enoch
Cotton
freights the past week have been
Satur.
\
Mon.
sail
Do
c.
•
38® Lj
Bremen, steam, .c.
sail
Do
c.
Hamburg, steam, d.
....
38®^
•
•
1332*
•
38®12
....
•
1164®14 ll64® *4
632®732 532®732
J
m
3g® Lj
sail...d.
Do
m
•
•
•
•
•
•
.
.
sail
3ic® *4
313®14
....
.
•
.
.
3e® L3
.
.
.
....
•
•
•
•
....
....
....
516
19S4
t.
516
1*«4
516
1964
516
1964
1332*
....
.
38® *2
38® *2
....
38® *2
....
....
1382*
.
....
38® *2
j
....
*2
sail... <7.
Baltic, steam—d.
Do
Fri.
38® *2
Amst’d’m, steam.e.
Do
Thurs.
1332*
•
38®1*!
...
.
follows:
Wednes.
Tues.
Liverpool, steam d. U64®
Ug4® x4
Do
sail...d. 632®732 532®732
Havre, steam—c.
1S32*
1332*
as
....
kj
^2
....
B16
516
1
....
0
’
516
616
Compressed.
Liverpool.—By cable from Liverpool,
we
have the following
statement of the week’s sales, stocks, &c., at that port:
July 15.
July 8.
Sales of the week
bales.
Of which exporters took
77,000
2,800
6,300
65,000
59,000
5,300
5,800
838,000
640,000
49.500
....
Of which speculators took..
Sales American
*
Actual export
Forwarded
Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American
Amount afloat
Of which American
July 22.
2,300
6,800
22,000
201,000
3,000
5,400
826,000
635,000
50,000
40,500
172,000
93,000
73.000
30,000
51,000
3,500
3,200
37,500
3,500
6,100
801,000
613,000
31.000
19,000
186,000
86,000
market, though at times fairly active for export,
has been slow in the local trade and
generally quiet; prices
have been weak for nearly all grades, and some
slight declines
have taken place.
The best sustained have been some special
brands of city mill and kindred products for export. Low
grades from spring wheat, at the figures current, moved more
freely than last week, when they seemed quite neglected.
High grades from winter wheat, unless favorite and well-known
brands, were hard to sell. To-day the market was fairly active,
but closed dull at barely steady prices.
The wheat market was quite depressed
early in the week,
owing in part to the collapse of speculative combinations at
the West. But on Tuesday, at about four cents
per bushel
decline from the prices at which previous business had been
done, there was a resumption of demand from the Continent,
which restored tone to the market; and
yesterday was quite
active and buoyant. The harvesting of the
spring wheat is
reported to have begun in Minnesota with good prospects of a
full yield; but in the winter-wheat regions East of the Missis¬
sippi River the estimates of a considerable deficiency in the
out-turn seem to be fully confirmed.
To-day the market was
dull and lower, No 2 red winter closing at $1 24% for
August
and $1 27 for September.
Indian corn has been fairly active, and prices have
improved,
especially for the prime qualities of mixed, the supplies of
which have been proportionately small.
The intense heat
seems to have injured much of the stock in store and
afloat,
and arrivals by rail are given the preference by buyers. Thus,
yesterday No. 2 mixed by canal sold at 57/£@58c. and by rail
58^@59c. The weather has been too dry for the growing
crop, and coming on a plant already backward from the low
temperature of June, the crop prospects in many sections are
deemed not ‘very favorable.
To-day there was little change,
No. 2 mixed closing at 57%c. for August and 58%c. for
Sep¬
tember.
Rye has been quiet and nearly nominal.
July 29.
of season, and
the next crop.
oo.coo
1,730
5,700
been
there
39,000
27,000
186,000
91,000
Saturday Monday.
l
5
Mid. Upl’ds
pl’de
Mid. Orl’ns
Tns
5p .m.
j
j
8pec.<fe exp.
Mod.
Quiet
and
inq.
freely
supplied.
Firm.
steady.
6%
6u16
Active
Active
and
firmer.
and
firmer.
65s
6nie
6li16
6^8
6xli6
65s
6”16
Friday.
61316
—
—
—
Market,
10,000
8,000
14,000
12,000
1,000
1,000
1,000
1,000
1,000
12.000
1,000
4
m.
Spring wheat extras..
4
do XX and XXX...
5
Wi8. & Minn, rye mix. 5
j Winter shipp’g extras. 5
j
do XX andXXX...
5
6
City shipping extras.
Southern, bakqrs’ and
family brands
Bouth’n ship’g extras.
6
6 25®
5 40®
Rye flour, superfine..
Dull
and
easier.
'
Steady.
Steady.
Steady.
Quiet
Barely
steady.
and
steady.
The actual sales of futures at Liverpool for the same week are given
below. These sales are on the basis of Uplands, Low Middling clause,,
unless otherwise stated.
SATURDAY.
Delivery.
July......
d.
|
j
62130
62io2
July-Aug
July
.6n16
d.
I Delivery.
6H16 I Oct.-Nov
62332 I Nov.-Dee
Delivery.
July-Aug
Aug.-Sept
611,3
.6Hi6
6%
July-Aug
Aug.-Sept
Oct.-Nov
6
Aug.-Sept.
62.%2
611,6 j Aug.-Sept
July-Aug
I
6H16
Sept. Oct..
Oct.-Nov
Nov.-Dee...
Flour,
bbls.
(196 lbs.)
46.729
.
Toledo...
J"ly-Au(t.V.'cni««
J3,M2
...
Oct- -Nov
Nov.-Dee
A“g--Sept. ...62332®?»
6li6
July-Aug
6
Aug.-Sept
6132®! 16
678
Nov.-Dec
6I32
July
July-Aug
62732
627.30
62732
Thursday.
Nov.-Dec
613ie327S2
W-A«S-.613I6-a-2732
Aug.-Sept
Mfc.-Sept ..613]6®2732
6wt.-Oct.....63e®i»32
bCt.-Nov
6^32
Oct.-Nov
6*0
July
July-Aug
678
678
Aug.-Sept.
Friday
July.678®2932®785/2732
Sept.-Oct.. ..67i«®is32 I Aug.-Sept.
Oct.-Nov
6x8®332 1 8ept.-Oct..
6I32 Sept
in
®2T32 Nov.-Dee
AUg.-Sept.678'0'2932'® 78 I Dec.-Jan
6I32 I
I
Juiy-Aug.67e®29.,s®7e !
«
Total
Same time
7 50
Rye
6 00
Oats—Mixed
®
®
®
®
58
84
44
White
28
26
25
59
59
59
59
59
60
89
49
46
49
Barley—Canada W.
State, 4-rowed...
State, 2-rowed...
,
1.
Wheat,
Com,
Oats,
bush.
bush.
(56 lbs.)
bush.
(60 lbs.)
199,071 2,187,021
30,450
560
280,041
26,322
21,500
427,741
5,525
34,985
144,665
7,773
.®.
.®..
.®..
....
„
Flour
Wheat
Corn
Oats..,.
Barley
63s
Rye
Barley,
9
Rye,
bush.
bush.
(32 lbs.) (48 lbs.) (56 lbs.)
487,440
8,529
9,130
41,100
5,690
2,240
2,457
13,501
.
;
t
97.125
24,650
710
107.544
1.717
37,825
3,600
157,605 1,198,660 2,997,164
714.517
135,301 3,209.537 3,972,532
531,947
20,246
39,095
Total receipts at same ports
sive, for four years:
627g2
678
57
yellow
210,255
319,875
6
6
634
62532
56%®
203,475
27,640
1,670
5,200
.
..
6516®n32 July
Western white...
South,
68.080
5.630
2,096
6I30
Wednesday.
6iii6®2332 Sept.-Oct
L
West. No. 2.
Western yellow..
Corn—West, mixed.
South, white
5 65
®
1 12 ®1
1 25%®1
1 15 ®1
48 ®
58 ®
56 ®
Receipts of flour and grain at Western lake and river porta
July 23, 1881:
St.
....62332
63ie
Red winter
Red wiuter, No. 2
White
5
®1 23
1 20
for the week ending
.
July:
00
50
$1 08
Peas—Can ’da.b. & t.
..
Tuesday.
Spring
Spring, No. 2
{From the “ New York Produce Exchange Weekly:*)
At—
Nov.-Dee
Wheat—
10
75
00
50
25
3 00®
3 40 ® 3 50
Brandywine, <fce....
.
-65l6
..6I32
Sept.-Oct
50
70
60
50
3 30
Western, &c
'
*
,
d.
6I32
6
5 00®
Corn meal—
MONDAY.
July
3
—
6,000
Barley is still out
approximation to prices for
drain.
3
40® 3
30® 4
4
75® 5
25® 6
75® 6
00® 5
65® 7
00® 8
25® 6
$3 15®
Patents
—
Futures.
5p.
Flour.
No. 2 spring...$ bbl.
No. 2 winter
Winter superfine
Firm.
6%
no
closing quotations:
*
Market
it;
12:30 p •m
Market
’ket.
Wednes. Thursd*y.
Tuesday.
yet
was
The following are
follows:
Spot.
as
quite variable and unsettled. Yesterday
apparent something of a “corner” on July contracts,
which forced up prices, while other futures were weak or
lower. To-day the market was very irregular, while No. 2
mixed sold at 47%@49c. for July contracts; they were offered
at 38c. for August and sold at 37c. for October.
4,400
3,500
7c0,000
597,000
ending July 29, and the daily dosing prices of spot cotton, have
as
there is
Oats have been
44,000
The tone of the Liverpool market for spots and futures each day of the
week
131
500
4.461
■
3,825
20.156
73,739
from Dec. 27 to July 23, inclu¬
1881.
1880.
bbls.
4,960.421
3,248,967
3,617,865
3,176.661
hush.
27,712,422
67,182,943
25,279,135
30,704,522
37,265.468
53.028,007
16,061,888
2,424,402
1,781,838
34,066.987
Total grain
3,973.898
899,5o5
....
125,047,953
87.980,603
17,192,285
2.588,954
1,262,781
1879.
1878.
52.504,153
14,561.041
2.9J0.861
2,u59,309
139,729.145 110,561,603 106,062,371
CHRONICLE.
THE
132
from
Comparative receipts (crop movement) at same ports
August 1 to July 23, inclusive for four years:
Flour
Wheat....
Corn
1880-81*
1879-80.
1878-79.
1877-78.
8,634,551
6,468,718
6,352,421
5,949,054
80,909,265
89,000,525
128,671,133
30,615,540
10,451,698
93,364,234
93,098,402
32,021,700
9,566,148
4,739.181
77,492,228
87,603,769
26,972,598
bbls.
hush.
127,969,851
46,408,640
11,861,720
3,351,361
Oats
Barley...
JRye.. ■... i
4,085,457
9,409,741
4,036,126
Comparative shipments of flour and grain.from the same
pons from Dec. 27 to July 23, inclusive, for four years:
Wheat..
Corn....
Oats.....
31,382,271
74,035,935
13,700,390
1,646.671
1,106,491
28,879,764
58,569,817
19,290,932
2,036,799
1,084,011
bush.
Barley..
Bye....
33,904,346
47,089,303
21,694,927
45,555,730
12,236,606
2,051,083
9,502,903
1,539,554
1,662,050
1,718,339
rt-
PPPP
i—i
.—.
E
>—
•
ao
<—
B B
■
a o
C O'*
I
Qp p- P ><
br c ®
c
ppatn
© © si,
P
S © © ©
to to © ©
Ml—1
CO
z*
N§I-s
r©
p
©; ©
a
p-p
©
ca
© ©
© 1-1
SS PJ
©.
cch: D3 25
© ©
3^
3-
9
*
OO--
z
x s pw
a
WOO
S
"
*
2 5
woo
© om
©
*
© ©
b
ShCh
p P
•r..
;
©©I
•J
w«-t*
*
CO
06
*
*
—
CC
® ©
s
s*
P P
© ©
P p
©
i?
—
©
9
-
ggxW
B 5 ©m
P
06
PM
x-xx x;
00 00
GOOD
OP
*
*
Rail shipments
weeks ended:
from
bbls.
Flour
bush.
■Wheat
Corn
Oats
96,999,687
122,371,758
83,005,164
lake
and
Western
river ports for the
Total
1881.
1880.
Ifee/;
Week
1878.
1879
Week
Week
'
July 23.
142,904
July 24.
90,954
July 26.
93,620
July 27.
370,512
989,414
490,885
548,873
697,621
431,216
349,160
466,086
6,150
11,149
513,600
409,073
16,370
38,264
1,863,110
1,526,180
80,279
18,553
432,197
429,488
5,259
43,715
5,639
1,338,719
1,545,265
Rail and lake shipments from same ports for last four weeks:
Week
Flour,
Wheat,
Corn,
Oats,
Barley,
Eye,
ending—
hots.
bush.
b}ish.
bush.
bush.
bush.
2,716,899 833,470
6,150 11,147
July 23... 160,710 1,153,369
3.685,561
564,267
11,379
5,673
July 16... 185,061 1,035,338
10,883
6,548
July
9... 143,982 1,365,064 4,348,144 530,772
16,507 13,908
July
2... 190,876 1,402,680 4,112,979 713,599
Tot., 4 wks.085,632
4w'ka’SO..503,236
Receipts of flour and grain at
at seaboard ports
July 23:
Flour,
Wheat,
Corn,
bbls.
bush.
bush.
Oats,
Oats,
bush.
bush.
51,405
2,750
16.277
16,673
18,290
6,963
Boston
Portland
Montreal
Philadelphia...
Baltimore
New Orleans...
159,470
179,501
559,700
12,216
Total week... 212,741 2,754,947
Oor. week’80.. 184,537 5,225,624
week
Barley,
bush
Vicsoix
iom*-*© W
copetti ©;
too on W
©i on X Cl
WXSIOt
w
©•
b
M to to tO O M
1,000
to
00
3,220
65,309
40,345,558
m;
Corn.
Oats
63,429,894
88,073.370
15,294,203
2,023,583
892,703
13,395,952
1,586,817
63,496,789
11,937,811
1,731,957
2,135,774
66,108,595
11,491,784
to
00.
From—
bsuli.
bbls.
bush.
bush.
1,092,267
343,861
26,712
630,014
48,911
m
13,672
1,660
11,825
167,004
158,332
371,250
296,913
3
8,798
177,702
Total for w’k 125,168
Same time ’80. 127,797
1,384,309
2,224,113 156,549
3,285,114
2,807,984 118,440
Boston
Portland
Montreal
Philadelphia..
Baltimore
bush.
bush.
5,648
200
tOGDoVoyWtOCi
w:
New Orleans..
400
......
12,000
25,423
26,007
in granary
supply of grain, comprising the stocks
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, July 23, 1881, was as
The visible
follows:
In store at—
New York
Do. afloat (est.)
bush.
bush.
4,070,302
400,000
491,118
385,760
216,929
65,000
Oswego
356,257
8t. Louis
Boston
Toronto
..
Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore
Down Mississippi.
Canal
Oats,
bush.
228,943
3,980,711
1,259,688
Buffalo
Chicago.,
Milwaukee
Duluth.
Toledo
Detroit
On rail
On lake
Corn,
bush.
6,000
Albany
Montreal
Wheat,
Barley,
12,768
165,434
189,752
349,355
4,077
163,700
101,453
690,413
133,980
932,000
872,000
546,000
23.1881 15,621,645
14,823,393
July 9, ’81
15,619,976
July 2, ’81
15,970,746
June 25, '81
1^.730,483
July 24, *80
13,167,433
Tot. July
July 16, ’81
2,107,003 1,630,569
1,216,000
125,000
31,000
424,399
26,890
35,316
72,045
7,819
27,019
513
2,894
107,924
11,570
1,900
17,712
691
100
593
1,869
162,789
296,234
102,986
62,469
159,109
132,300
14,800
96,365
795,548
4,243
22.876
4,154
642,000
385,000
2,456,000
3,426,009
1,812,000
bush.
39,832
12,000
30,200
673,763
728,634
1,383,162 3,471,002
26,238
8,866
5,000
23,551
340,200
2,574
9,714
70,000
476,503
7,533
47,367
15,951,573 7.510,563
15,979,164 7.317,764
606
Si
~
MOO
p*
mw wee OOP-to
& at w
opbppb a« toe
<i wo wo<i<ie at wot
at oo to at tow 05 jp MtOM
2 2
133,736
117,028
114,077
154,958
15,528,581 7,465,147
14,511,347 8,332,493
171,611
128,664
198,974
13,533,128 7,004,107
248.037
136.071
162,627
15,741,911 1,677,197
183,936
163,862
Op-MXh-MMOH
©
© tO P* i—1 tO tO ©l ©» p*
mom
lb
•J
©1 <1 W MW
X
©
©M©C
M
©MO
O © to © O
WO
l-p
tv
•jj 4^-WM
o
M
©
<}
O
M © © 10 tO © ©i W i—•
©'
WtOi—‘Oi©WMM©
o © x -1 toppc
Si
S
M tO
to Ol X
Ol W ►P M
•
W
!
WOO MO
•
X
J
OiXO w
J
© WOlO'
•
M ©
©MX© J
© to tc M s
©OXOito
Ol:
©o>.
b bt o
kee.
a
s
b
J
WO
•
[
o W MO
•
;
pviop
© i-* m •
10 W M ;
bo © <t
to M© to -4
© O' to © M
<1
J
M W •©! M
© X M
£
2
*-c
E
bj
NlWP
M
MOiMtO
OXOH
:
:
to
m to:
o
boiOOM
X •
•
00 M Ol <1 •
©
O Ol © o
OOOOI
oi:
:
•
m m o ©:
tOOi©©-
©
©.
0
*
X
P-tOOl©!
tCXMW
I a
WXM
©x to©
e**.
m
m:
©
•
©i
©i •
:
O'
•
w m ©i w;
M -.J to O •
b
:
m
.
a
CC
©i
M
tCM
8*
a
.
w •
.
•
tj
bb m
MOIMOI
MOiXH
s
©1
•
•
•
;
:
:
f
:
r
.
•
Ct
w
b
a>
©i
**i
z
,
*
to-1
s
b
a
©
tooioo
:::::::: P
-*1 to r©1X © ©
•
©
•
•
•
*—»
•••«•
•
.»
CC
i
»
•
«
a
'j
Jo
XO'O w
•
New
Pore-
Haven.
land.
Milicau-
Bushels
Value
Indiau corn—
•
2^4
aoiop h
*
Included in the foregoing totals are the reports
New Haven, Portland, Richmond and Willamette, the
Barley—
a
s
to
W
x
-<jwoib
e 05 o m o at C5 e ifiCM
o*)M(Moao*i i-1**: oo
MO'POO*J*lfflO ooe
from Milwaukee,
details for June
Eiehr
Wiliamette.
mond.
$
Bushels
Value
$
Indian com meal—
Barrels
"
1,100
-
4,050
$
Value
Oats—
Bushels
Value
'
120
60
$
Rye-
Bushels
Value
WheatBushels
Value
Wheat flour—
’Barrels
Value
Total values—
June, 1881
June, 1880
12 months—
1881
1880
$
237,044
114,250
196,177
$ 128,200
24,893
176,081
49,524
198,014
176,081
120,781
394,191
12,416
54,885 1,395,549 1,786,926
61,541 1,102,038 1,686,316
3,009,199
4,03o^
250
$
1,500
$ 128,200
$ 537,553
5,610
$ 590,794
$1395,406
THE
5,948
39,391
DRY GOODS TRADE.
Friday, P. M.,
July 29,
1881.
descriptions of fall
goods the past week, but the general demand was only moder¬
ate at first hands, and quietness prevailed in all departments
of the jobbing trade. Operations in staple cotton and woolen
goods were mostly of a hand-to-mouth character, but there was
a good steady movement in such fabrics on account of former
There was a freer
15,549
o:
MOitOO
3
a< 10 M W
to
352
6,550
©
M <J M W tO M H © m
M X X tO
OXWOMWtOtOCO OOP*
OiWHHHOMMOO wot'
•
19,775
to
©1
ta
W
MM
©w©©b
M©x*go
©w©totc
5?
1881, being as follows:
123,998 122,487
750
184,377
X
w
MOCCC
MOOtC
OPlPtOCtvOPOO
M W CJ* --J ot P-W <UO >-‘X
to ^OCOUtOHOCt oo
2,415,832
2,555,613
12,000
Cl
tc M
t-1'
and from Montreal
70,079
27,929
X a
: <i
x©©!*-1
<JHXM
to*-Mto M tO
tOMMICMOtO o —
p*
New York
T‘2‘
op op top e RM|
bVopbbpp © CO
o.
Peas,
■O,65
o©
y
bt.
53.061,621
Eye,
•
:
M ©1 H M
©O —W
©
wh!
--iPOOOaotOOCi
o
53,837,378
Oats,
m
•
:
M
© © M ©1
PP'I^OMOOO •--t!
XC20tW0'WC5i—O oot
48,894,105
Corn,
:
•
x
H © oi to
PPAiP^btO Mlo
M
w
Wheat... ..bush.
Wheat,
:
*
h:
oTop-
ww MO
To
4,644,876
Flour,'
©
H WOtW
M
O) M O M ot to
wo>
122,917,332
;
w
:
M W M Oi
^PdiOiOtOWOX MH
157,731,244 137,363,952
m;
•
:
*?
W^
00 ©i©
to
w wot
M WOtO©i WMQDX to to
5,477,770
130,534,493
m
PPUP
5,070,250
....
o
occtPoibVxb WH
1878.
:
•
:
M
600
1879.
!
•"
p-*
© M -1 ©
ex-woa.o wh wen1
POOWOPtCCO'IC
POOCPWOOl C M
to ■
ft'
?
!
WOHOI
WPPP'IA
x
m to m w
to © to©»x w
Eye,
*
w
»-<x
W1
OiWOiifi
OOPi)*
•
...©>....
W*
©
w w
a
o
0101
W iM
^tPtOW
to
Exports from United States seaboard ports
for week ending July 23, 1881:
5
POWWOJOC s.
o a on to m M mm o ©i ?>
ooe O' wmm ©toxi
PtC'ICC
1,620
539,973
384,937
887,727
I
xw wto©x
CIO
O'XMW
bj
©1
*
•
•
W© WM
M <1 O'
•
....
-q — oix
wT-ic to’~*©i<j to
-1
o •
.
...
com-
toroo©too<j*-a
©lOOWi-'XMOtC
:
m
M'lOC
tOtfPtf-rfP
7,323,329
Total grain
©•
.
:::©::::©
y
OH
bbls.
Barley...
Bye
PWMCI
m o x m w wc
KlWHffiOitOOffitJ
bxMOi
bush.
176,450
18S0.
1881.
xoHto
p*l‘IC
tOM
©©vlH
.
•
tivWC
3
X © M P-*
HOtpW
Vo'M©
1,000
2,940,294
3,752,186
oe
•
*1 oi
X JP
©tO b w ►“* CC
©h ooe ©© ©M
wto W p M —1 CM ©
to ©© x
ports from Dec. 27 to July 23, inclu-
Total receipts at same
*ive, for four years :
243,403
6,200
99,353
462,600
477,250
179,393
TO,430
*1pOC
o©©M
nIWiP to
for the
W©
01 tc ©. -0
PM
tow OP- MW OP
oto ©M too we
ioVf-ie
oo
oboi-
w; fej
MW ©
wto
©IMHC
37,276
302,192
19,400
2,800
28,781
9,350
100,378 1,773.630 1,467,099
New York
r?
M
©.MX©
OI^PP
to owe
60.554 1 48,330
44,919
4,956,451 14,863,583 2,642.103
6.004,931 15,920,276 2,210,022
ended
At—
i-*
*MCO
tox
Barley
Rye
©
—pj
o p
P
o
® ^
ct- <-+ <-»■ e+
P P P P
„0
r'CE3
©
m^ws-,
toc
7.
wwO©
C ©
c-f e-t-
109.861,323
Total grain
Flour
88HH
0322
c c © o
*
3,253,137
3,830,134
3,067,630
4,936,260
bbls.
Flour
1878.
1879.
1880.
1881.
following statement, prepared by the Bureau of Statijg.
The
tics, will show the exports of domestic breadstuffs from the
undermentioned customs districts, during the month of June
1881, and for the twelve months ended the same, as compared
with the corresponding months of the previous year:
262,824,353 232,788,665 205,514,462
Totalgrain.... 270.500.837
[VOL. XXXIQ.
nrdprfl.
Dress eroods
movement in some
and ginghams were
placed on the
market
of the leading agents, and a marked impetus was
;given to their distribution, some stocks of the latter having
freen entirely closed out. There was also a fairly active demand
fry some
dark prints,
for
done in cloak¬
and a considerable business was
flannels, shirts and drawers, hosiery, fancy-knit woolens,
skirts, notions, &c. A feature of the week’s business was an
auction sale of about 2,400 cases cotton handkerchiefs and
towels, which proved to be a success, the goods having been
readily disposed of at excellent prices.
Domestic Cotton Goods.—The exports of domestics from
this port for the week ending July 26 were 3,810 packages, in¬
cluding 1,913 to China, 828 to Great Britain, 191 to Hayti, 179
to Brazil, 178 to United States of Colombia, 128 to Argentine
Republic, 88 to Central America, &c. Brown, bleached and col¬
ored cottons were in moderate demand at first hands, and
agents continued to make important deliveries in execution of
Stocks of plain and colored cottons are
orders on record.
-exceptionally light, and prices are uniformly firm at ruling
•quotations. Print cloths were quiet, and as the visible stock
^outside of printers’) has increased to over 1,000,000 pieces,
prices have been barely steady at 3 15-16c., less 1 per cent, for
•64x64s, and 3%@3/£c. for 5*6x60s. Prints were in irregular
•demand, but as certain makes were quite active, the business of
the week was of good aggregate proportions. Ginghams were
in improved request, and the" Minton dress styles were
•entirely closed out to the extent of the season’s production.
Cotton dress goods were opened by agents, and a moderate
ings,
business was reported in certain makes.
Domestic Woolen Goods.—The market for clothing woolens
has remained quiet as regards new business, but there was a
steady movement in heavy cassimeres, suitings, worsted coat¬
ings, &c., on account of back orders, aud stocks are in such good
.•shape that values are fully maintained. Cloakings and sack¬
ings were moderately active, but overcoatings and beavers
ruled quiet, and repellants were sluggish as a rule. Kentucky
jeans and satinets were in light demand at agents’ hands, but
.a fair business was reported by the larger jobbers.
Flannels
and.blankets were only in moderate request, but agents Con¬
tinued to make liberal deliveries on account of former orders,
and stocks are so light that prices remain firm. Worsted dress
goods
opened at exceptionally low prices by agents,
were
satisfactory business was reported in leading makes.
were fairly active, and there was rather more in¬
quiry for woolen shawls.
Foreign Dry Goods have been more sought for by early
buyers, but transactions were mostly confined to a few special¬
ties, and dealings were light in the aggregate. Dress good9
and silks met with moderate sales, and cotton velvets were
fairly active. Hamburg embroideries were distributed in large
quantities privately and through the auction robins at fair
prices.
and a very
Felt skirts
The importations of dry goods at this port for the
•ending July 23, 18S1 and since January 1, and the same
for the corresponding periods of 1880, are as follows:
Total Ent’d
the
s
P
Flax Silk Cot n Wool
M
a
n
u
f
c
t
r
e
s
M
i
s
c
e
l
a
n
o
u
port. forcusmpt.
at
s
week
facts
Total
**
O p
&
i-3
©.
C5
.
C
o
.
o
•
p
•
P
•
CD •
P
p
p
:
o
JE- c+
«
<Tt C
X
$=*=?
'
C —
:
following table,
Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for exports),
also the receipts from Jan. 1, 1881, to that day, and for the
corresponding period in 1880 :
New York Produce
July
8.780
©. to
0-1
C>tO
© Cl © M M
...bbls.
79
2,077
2,419
..bbls.
-1,300
45,674
28,732
.bbls.
...bbls.
104,716
OfllO
3,168,947
117,579
2,428,093
Wheat
..bush.
1,966,274
28,108,221
Rye
..bush.
1,242.288
24,235,613
550,051
24,968,433
265,618
8,417,309
'568,811
32,816,105
7,461,470
103,598
2,836,558
2,584,551
12,430
5,036
320,717
477,100
13,295
174,929
516,434
15,731
419,982
215
52,965
3.644
94,149
89,735
753
24,620
41,608
1,577,805
31,519
10,817
Ashes
Beans
Breadstuffs—
Flour, wheat
Corn meal
-ICO
© Z
CO
to M
M
w*o
©
-4 00
©
©©
M
00©
C»
Barley
Peas
Cotton
Cotton seed oil
Flax seed
Grass seed
Hides
Hides
ccco
m to to ci
CI to —* © M
Ci
©-!©©©
-4
©M-l-IM
MX©©I0
©-4 ©©CO
Micm©
Ci
oo M
10 *—1 © M
OO 00 4- © CO
©
WO
-1 CO © I—X
X CO -4 CO ©
© T. M O —*
©X
to-*
©
-4
©©
Cl to
—4 M
tO — ©
CO© CO 4-"©
Oi -4 X © CO
►—©©©©
bo
I—1
CO
M
MX
to©
CO to CO © ©
ci M -4 -l - 4
W m
©
©
CJi M
-4 tO
^
V
XW
M
©
©
-*
0.1 O'
©
—
x
M M
-1
toon
©
©io
COM W
©,©UWH
WWW©©
Hops
Leather
to''1'
M tO X M ©
W © © M tO
©
©Xto W©£ft
xS
CO
—<
Cl m o Cl
©
w
W-4 WWffi
X © tO © —4
X?
©«d
o
-4 X
Cl M tO M tO
X M © Ci X
w
mo
W©
Cl
Wo
M
-i©
CO
10
<1
Ct
to
©05
© to ci © ©
to
to to to w
Cl
-4
MMM
W © -4 M M
GDH
© M GO to ci
X
►—*
X M © M M
M
COX
CO M to Ci to
W
©©Cl Ci©
©© WWM^5
X M X © W
MM
OM
OiCO
©MW ©CO
Cl © M
M
M © © © ©
M
t—*
too
M Cl M CO 45.
►- MXO ©
to to © •-* ©
-4
Cl to
©
ci
to
"©<©
to to
z
CO l—1
to
to
to
to
©pi
-4©
MM
MMMM
CI
©M
M © tO © X
C/0 CO -4 Cl ©
CO
©
-4©
© to
-iro
M© WM tO
© p— © M tO
-1
to©
to © © © GO
to
©o
-4 CO
to©
to
MM
M
-4CO
©
-4 tO
©
o:
©
"to
©
tO
MM
oo:
<1©
—1 ©
OM
CitO MO©
*10
>-*-4
lo
05
©©
©Cl
1
1,27581 3,927839 ,547208 ,9453 ,93061
Ol
00
00
©
MM
©CO
M —* © tO
M © Cl © ©
© go c; ci ©
_-* tojo to ©
©
4*
to
M
M
M
CO©
MM
M©
©Ci
©Cl
X W M to CO
W © X to X
M©XMO
-4
C<
5
Co
»-MMM
©
M© to © to
© W©X©
MXMM©
to
W
5?.
S
cn
Naval Stores—
Turpentine, crude. ...bbls.
Turpentine, spirits.
Rosiu
©
M
MX ©O ©
M © © M M
-4
M
MtOXMM
m M M to M-6£
mx ©© ©
©
-4
X M to ©
©
MOIMCM
to
M
M
© MX M
©M
bo
CO M X M
M -4 © -1 Cl
-4 M Ci © ©
-4
-4
M
©
©
©
M M
4-
©Cl
M
Peanuts
W -4
5°
4
to”
M
Cm
WMM
oog:
qdS
M*S5
g
v»
©MW M©
©W M ©W
Cutmeats
Butter...
Cheese
Eggs
..
100
159,109
14,472
2,457
372,792
5,073
2,004
78,440
55,695
2,895
77,503
21,786
644,296
97,068
21,526
1,014,609
766,842
Lard.
Lard
Hogs, dressed
23,630
bbls.
tcs. & bbls.
..kegs.
No.
45,026
834,573
103,378
11,330
13,459
7,137
1,498,740
369,632
535
..pkgs.
...bbls.
Sugar
Tallow
boxes A cases.
Tobacco
Tobacco
Whiskey
Exports ot Leading
391,073
395,802
96,998
40,674
40,228
31,039
12,396
13.400
8,110
1,304
15,438
1,068
32,116
66,905
2,806
77,273
52,254
139,092
91,855
46,328
191,891
69,710
48,134
3,837
1,092
Wool
1.156,770
555
67
3,613
..hhds.
...bbls.
181
168,819
35,419
37,688
80,648
10,08 L
Steariue
1,343
401,768
3,951
322,215
......
Rice
Spelter
2,299
51,418
213,263
12,105
545
42,146
11,315
766
..pltgs.
..pkgs.
91
8,158
*
Articles of Domestic Produce.
following table, based upon Custom House returns, shows
exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the 1st of January, 1831, to that day, aud for the cor¬
responding period in 1S80 :
The
the
26i
Since Jan. 1,
1881.
Same time,
last year.
o
M CO
M tO© © ©
00
00
to©
CUO
©to©©©
©X © -4 ©
to
Cl
©MIO-4M
©
©
©
o©
WM
rT'
O M>
MMX tO Cl
M 60
w
—4 C5 bi CO -4
© w©-* w
O
cn'TX'Ji©©
r
74,755
bbls.
bbls.
bbls.
Flour, wheat
Flour, rye
Corn meal.
Wheat
2
4,724
497,503
bush.
Rye
23,618
bush.
.
25,262
bush.
Oats
bush.
Barley
46,429
56,078
2,836,427
2,225
122,656
23,736,513
699,465
130,603
15,147
169,875
2,215,265
bush.
bush.
3,968
1,125,837
713
37,304
tons.
1,468
33.820
pkgs.
Candles
Coal
Cotton
. -
bales.
.pkgs.
•
11,641
3,810
1,575
19,142.403
.310,001
81.932
62
51,544
18,476
359
5,360
2,111
120
29
103,929
7,056
2,853
cwt.
30,840
1,527,180
Whale
gala-
Sperm
gals
783
800
151,031
107,403
237,774
-
bales
bales.
Naval Stores—
Crude turpentinebbls.
Spirits turpentine....
bbls.
Tar
bbls.
Rosin
Oil cake
Oils—
Lard
Linseed
Petroleum
Provisions—
Pork
Butter
Cheese
:...bbls.
i.-.bbls.
gals.
gals.
igals
hbls
....bbls.
tierces
lbs
lbs.
lbs
Tallow
b
to-ae Cm
S
CiWWO-4
627
132
lbs.
k
Beef
Beef
Cutmeata
§
154
1,04S
hbls.
.bbls.
&
M M
© © to •-*
© m ci to
M
©<4©CIM
iM-'t©
M
M tO
W©Mmm
M© W W©
© GO O CO ©
to
—
Pork
Beef
108,931
1,133
25
..bush.
2,363,412
80,339
3,178
49,532
45,015
424
..galls.
11,566
67,838
10
...bbls.
Oil, lard
Oil, whale....
30,507
4,779
7,753
Pitch
bo w © bo
wu
©MX WO
•t. —• or> rn
©
••
tOX—4 X©
© © tO X M
©
WM
©©©XW
w
MWWWM
toco
©CO CO0000
X
S
M*M
—1
X
tO -4 M Ci
M
M
Ci
o©
CIO
bbls.
...bbls.
Pitch
Oil cake
Provisions
..
c.
Hay
Hops
M
to
©
©
40
315
Molasses
Domestics
© Ci -4 CO -4
-4 ©X ©X
M X W tO M
w
to
*©
...pigs.
Lead
Molasses....
Feas
Corn
>•
-4 © © X W
W -4 M -4 ©
© >—* M © X
©
0»
*
Cl
1,175
69,741
8,684
Breadstuffs—
CO
-4
to
CO
Cl —<
M
© -4 4-©OJI
©©
©
is
?r
to
tO
-IX
O'—
to—■>
—*
M M M ^
©
M
4.
..bales.
..bales.
..sides.
Aslies, pots
Ashes, pearls
to
M
Cl
..bags.
No.
74,249
oo •
CO CI
©Or-©©
490
•
Si 6,057 1,520
©
Vi
.bush.
..bush.
..bales.
...bbls.
July
-4
.
MtOMM
2,326
Corn
Oats
Beeswax...
M
.
Week ending
t-j •
-1 to Cl ©
26.
P
1
M
Same time
last year.
Since Jan. 1,
1881.
TPcefc ending
.
5;
of—
Articles of Domestic Produce.
based upon daily reports made to the
Receipts of Leading:
The
Importations of Dry Goods*
H
133
CHRONICLE.
THE
30, 1S81.]
July
Tobacco,manufactured, lbs.
.
2,501
100,456
32,424,358
951,908
*
296,493
262,656
209,852
26,753,003
'
36,663
27,927
372,359
60,756
73,493
2,028
6
13,387
139,368
4,313
3,608
3,379,421
69,907
615
21,580
232,235
517,091
65,073
5,780,607
175,934,875
134,649,55(5
2,710
122,92S
25,088
31,113
144,403
36,201
36,774
336,514,726
4,396
1,100
1,167
6,213,403
668,117
7,418,018
2,296,960
254,279,956
11,465,394
74,575,343
135,648,234
301
14,754
602,544
1,668
1,115
148,281
31,966,058
8,801
42,627
28,000
3,531,959
70,895
15,899,948
65,236,234
170,048,523
12,157
51,111,268
38,479
25,725
3,687,376
53,355
THE
134
CHRONICLE.
Financial.
Financial.
Sons,
ST., NEW YORK,
NASSAU
DEALERS
D. Prince, Jas. Whitely, H. Cruder Oaklet
Harry c. Logan,
Maynard c. Evre.
W. R. Travers, Special Partner.
Prince 8c
MERCHANTS,
No.
STREET,
WILLIAM
63
mar¬
gin, all securities dealt In at the New York Stock
Exchange.
Interest allowed on daily balances.
All deposits subject to check at sight.
Particular attention to orders by mall or telegraph.
AND
BUY
SELL
INVESTMENT
RAILROAD
Vo
64
(Branch Office, 180 Fifth Avenue).
Mining Stocks bought
SECURITIES;
John F. Stark.
George Stark & Co.,
BANKERS,
LOANS
AND
DRAW
Scranton 8c
OF
BILL8
EXCHANGE ON LONDON
BANKERS
All business relating to the Construction* and
Equipment of Railroads undertaken.
negotiation of loans upon
Western City property In large or small amounts
Will undertake the
W alston H. Brown 8c Bro.
BANKERS,
11
N. T.
Smith,
BROOKLYN
BROKERS,
STREET, NEW
BROAD
No. 29
YORK.
No.
BANKERS,
62
In addition
to
a
1
General Banking Business, buj
Securi¬
■
NEW
CORRESPONDENTS OF THE
International
BANKERS, No. 12 WALL STREET,
BUY
AND
SELL
GOVERNMENT BONDs, STOCKS AND MISCEJ.LANEOU3 SECURITIES,
Taintor 8c
Holt,
YORK.
■■
AND
10
WALL
STREET,
YORK.
GENERAL BANKING business.
DEPOSITS received and INTEREST allowed on
TRANSACT
a
BANKER
AND
Smith,
BROKER,
No. 20 BROAD STREET, NEW YORK.
RAILROAD
St.
WALL
STREET.
Purchase and sell
on
and COMMERCIAL PAPER
paid
on
negotiated.
DEPOSITS, subject to check.
Geo.
No.
17
H.
WALL
GAS
Nos. 87 A 39 Wall
Lansdale
STOCK
No.
80
Prentiss,
BROKERS,
St, New York.
STREET,
NEW YORK.
BROADWAY,
Rooms 37 & 38*
Office, Troy, N. Y.,
Connected by Private Wire.
R. A. Lancaster 8c
TREET RAILROAD STOCKS AND BONDS
AND ALL KINDS OF
BROOKLYN
BANKERS AND BROKERS,
SECURITIES
66
Co.,
BROADWAY, NEW YORK,
DEALERS IN
First-Class
Investment Securities.
GOVERNMENT BONDS, STATE. CITY, COUNTY
RAILROAD & MISCELLANEOUS SECURITIES
Bought and Sold on Commission.
Virginia Tax-Receivable Coupons Bought.
A SPECIAL! T,
LOANS NEGOTIATED.
Interest Allowed, on Deposits.
SKE GAS QUOTATIONS IN THIS PAPER.
Groesbeck 8c
Co.,
3 EXCHANGE COURT, NEW YORK,
Branch Office and Private Wire
30
15
WALL
t. h Curtis.
Member N.Y.Stock Excb.
No. 5 BROAD
STREET,
NEW
YOBK,
BANKER/
COMMISSION
BATEMAN
A
Strang,
AND
of the N. T. Stock Exchange.
Branch Office:
NEW YORK.
PINE
STREET,
OR 27 WALL STREET,
NEW YORK.
Member
Samuel A.
at the “Cumberland,” Broadway and 23d Street.
Buy and sell on commission, for investment or on
margin, all securities dealt in at the New York
Stock Exchange.
Schley,
Trowbridge,
BANKER AND BROKER,
BROKERS,
No
C. I. Hudson 8c
F. E.
Ernest Groesbeuk,
Grant B. Schley,
Members N. Y. Stock Exchange
C. A. Buttrick, Member of the N. Y. Stock Exch’ge
Wm. Elliman. Member of the N.Y. Mining Exeh’ge
.C. I. Hudson,
Boardman,
BROKER,
ALL securities dealt in at the New York Stock
Exchange bought and sold on commission and car¬
ried on a fair margin.
INTEREST allowed on credit balances.
DEALT IN.
BONDS, 8TOCK8 and INVESTMENT SECURITIES
BOUGHT AND SOLD «»N COMMISSION.
COMMISSION.
COMMERCIAL PAPER NEGOTIATED.
80U1HERN SECURITIES
Buttrick 8c Elliman,
AND
Street, New York.
STOCKS AND BONDS BOUGHT AND 80LD ON
SECURITIES,
BROKERS,
STREET,
Wall
Interest
AND
New York.
B. R. Lear
54
BROKERS,
Branch
Special.
BANKERS
BANKERS AND
LOANS
GAS STOCKS
WALL
York Stock
Brothers 8c Co.,
Sand
Commission GOVERNMENT
bought and sold in the OPEN MARKET.
Howard Lapsley,
D. Seymour Willard
Members N. Y. Stock Exchange.
Cyrus W. Field, Jr.
Cyrus w. field
5
New
Theo. V. Sanp.
John Sickels.
Max E. Sand, Member N. Y. Stock Exch.
RAILROAD BOND9 and STOCKS, and all
classes of Securities dealt in at the NEW YORK
STOCK EXCHANGE, or all reputable Securities
Market. Ratos.
No.
Street, New York.
and
Railway Bonds and Coupons bought and sold at best
Lapsley, Field 8c Co.,
25 Nassau
Exchange.
R. J. Kimball, A. B. Louxsbery, f. e.
Ballard,
Members of N. Y. Stock Exchange.
F. w. Perry.
—BARKERS^
25 J°IN£ §T. - l^eaiyORK.'
SPECIALTY.
STOCK
No.
Thirteen Years’ Membership in
SECURITIES
Investors or Dealers wishing to buy or sell are
invited to communicate.
State, Municipal and
in this paper
J. Kimball 8c Co.,
(oLLij^s.pouDEN SJej^ins,
(An intimate knowledge of all for the past 10 Years)
A
SECURITIES,
EXCHANGE.
FOREIGN
telegraph wires to Providence and Boston,
Fred H.
R.
oi City Railroads
Government Securities.
Buy and sell GOVERNMENT, MUNICIPAL and
GEO. H. HOLT
See quotations
BONDS
SOLD.
BANKERS AND BROKERS,
York City, Chicago, Cincinnati,
Louis, District of Columbia, and
RAILROAD bonds.
G. E. TAINTOR.
Y€>RK.
BOUGHT AND
J. H. Latham 8c Co.,
balances.
Private
Grant,
CITY RAILROAD STOCKS &
BROKERS,
J. H. Latham.
NEW
Ex¬
BROADWAY,
NEW
COMMISSION.
WVESTMENT
145
——
■
STOCKS AND BONDS BOUGHT AND SOLD ON
2
BANKERS,
and
Travelers’ Credits. Bills of
change. Oable Transfers.
No.
BROADWAY AND 19 NEW STREET,
New
(Limited)/
Hamburg.
Commercial
H. L.
NEW YORK.
Hatch 8c Foote,
Bank of London
London.
Messrs. John Berenberg, Gossler <fc Co.,
Glazier, Kohn 8c Co.,
66
Ruckgaber,
BANKERS,
22 H ill lam Street, New York.
STREET,
mmmmmmmm
-g—
ties.
No.
Schulz 8c
Beers,. Jr.,
BANKERS
and sell Government Bonds and Investment
—
SECURITIES.
NEW
.
STREET.
CEDAR
Cumberland,
Delmonico’s,
Gilsey House,
Philadelphia,
Boston,
Saratoga,
Newport.
Correspondent*.
Bartlett, Westcott & Co.,
Utica; Westcott & Co., Syracuse; Westcott, Myers
& Co., Buffalo; J. T. Lester & Co., Chicago; Emery
& Hodges, Boston.
Stocks, Ac.,
Government Bonds, Stocks and all Investment
Securities bought and sold on commission.
Gilman, Son & Co.,
PRIVATE WIRES TO
THE NEGO¬
SECURITIES, CITY BONDS,
Gas
BROKERS,
Windsor Hotel,
TIATION OF
RAILROAD
Willard,
AND
72 BROADWAY, NEW YORK.
_Pine Street, New York.
SPECIAL ATTENTION GIVEN TO
Wm. L. Breese,
Wm. P. Smith,
Members of New York Stock Exchange.
Breese 8c
FRED. A. BROWN.
WAL8TON H. BROWN.
Buy and sell Investment Securities for cash or on
commission. A specialty made of Western Farm
Mortgages bearing from 7 to 10 per cent Interest.
‘
Boston, Bridgeport
Collect Coupons and Dividends ;
NEGOTIATE
STREET, NEW YORK.
No. 33 NASSAU
Philadelphia, Wilmlng-
Baltimore, Washington,
-on,
and New Haven.
_
George stark.
Whitely,
BROADWAY, NEW YORK.
All classes of Railway and
nd sold on Commission.
Private Telegraph Wires to
New York.
uuy ana sen on v;ommi88iont ior cusn or on
J
J. S. Kennedy & Co.,
IN
INVESTMENTS.
F1RST-CL4SS
Financial.
J. Kennedy Tod.
John S. Kennedy.
Geo. K. Sistare’s
17
[Vol. XXXill
MERCHANT,
Buys and sells Investment Securities. All busi¬
ness connected with railways undertaken.
&
CO., WASHINGTON, D, C
General Banking Business Transacted.
Securities bought and sold on commission for cash
or on
margin.
Advances made
market rate.
on
approved collateral at the
Deposits received subject to check at sight.
4 per cent interest allowed on all daily balances.
Orders executed at London, San Francisco, Bos¬
ton, Philadelphia and Baltimore Exchanges.
P. 8.—My New York Weekly Financial Keportii
mailed free of charge on application,
@FedFRASER