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xmm
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL.
NEW
29.
YORK, JULY
NO.
1879.
5,
Financial.
financial.
Financial.
Dickinson
Banque
Centrale
Antwe rp.
- •
Ai.fkrii
&
Phelps, Stokes
PHELPS,
N.
I.
JAMES STOKES.
ANSON PHELPS STOKES.
9,000,000 Francs.
45
Will
DRAW
BOARD OF DIRECTORS:
Fblix Grisar,
President.
BANKERS,
NEW
VOllK.
Louis Websr (Ed. Weber & Cle.)
Jules Rautexstbacou (C. Schmld &
Asa
P.
Potter, Prest.
R.
A
BUSINESS.
BOSTON
$400,000
200,000
Capital,
Special attention given to
12
Buy and
COLLECTIONS, and
Correspon-
John
No. 59
J.
&
Cisco
Son,
BANKERS,
Wall Street, New
York.
DEPOSITS RECEIVED SUBJECT TO CHECK AT
SIGHT, AND INTEREST ALLOWED OS DAILY
BALANCES.
GOVERNMENT BONDS, GOLD, STOCKS AND
ALL INVESTMENT SECURITIES BOUGHT AND
SOLD ON COMMISSION.
R.T.Wilson
&
ecurities.
Interest allowed on deposits.
Investments carefully attended to.
Kountze Brothers,
BANKERS,
W
A
1,1,
STKEET,
Stocks-,
I
NEW YORK,
New
43
II.
62
21 Soutli Street.
S reet.
H. HoI.I.ISTKR,
H. H. HOLLISTBIt,
B. Holmes,
8. H. Dusan,
Members of New York Stock Exchange.
Buys and
sells
on commission
and Mining Exchanges.
&
Co.,
In addition to a General Banking Hu.lness, buy and
sell
Government Bonds and Investment
WM.
F.
Owens.
Securities.
Geo. A. Mercer.
Member. N. Y. Stock Exchange.
7
&
Mercer,
AND COMMISSION STOCK BROKERS,
Exchange Court and 52 Broadway.
Interest allowed on deposits, to be drawn at will.
Also, Contracts made and carried in Now York
Cotton and Produce Exchanges. We Issue a Daily
Letter which will be sent on application.
Georgia securi-
Collections solicited.
Corresponds
with and refers to American
Exchange National Bank.
Pkrino Brown, Prest. W. II. Patterson. Cash'r.
H. W. Rosenbaum,
Coleman Benedict & Co.
STOCK AND BOND BROKERS,
9i BBOADWAY.
Stocks, Railroad Bonds. Governments, and
curities dealt In at the
all
Se-
New York Stock Exchange
boughtand sold, eitherfor Investment or on margin,
Exchange Place,
in lots to suit, on commission only.
BUYS AND SELLS
Jas. McGovern, Jb.
Coleman Benedict,
RAILROAD BONDS AND STOCKS. Member N. Y. Stock Exchange.
ALL CLASSES OF INVESTMENT AND MIS-
51
CELLANEOUS SECURITIES NOT ACTIVELY
DEALT IN AT THE NEW YORK STOCK EXCHANGE A SPECIALTY.
Correspondence solicited and information cheer-
on the Uuton Bank of Lonlen, and on the Credit
Lyoonats, at Lyons or Paris. Make Cable Transfers.
Knoblauch
&
Charles G. Johnsen,
UIfBW.OBI.BAN8, LA,
all
(
BANKEKS
ATLANTA, GEORGIA.
ties.
Stock
)
BANKERS,
CEDAR STREET,
Owens
Bank
Citizens'
9,
« nil E.
Robert
fully furnished.
186 GRAVIER STREET,
WM. ELLIMAN,
BALTIMORE HOUSE:
HOUSE:
Issue Commercial and Travelers' Credits available
In all parts of the world. Draw Time and Sight Bills
MERCHANT AND BANKER,
BUTTRICK, Members of the N.Y.
C. A.
Co.,
Stocks, Governments and Miscellaneous Securities
bought and sold on commission.
NEW YORK
K F It
York.
BONDS, STOCKS and INVESTMENT SECURITIES
BOUGHT AND SOLD ON COMMISSION.
BANKERS AND BROKERS,
I
O
New
Gilman, Son
&
It \ I.
It It
No. 2 Nassau street,
,
Hollister
Elliman,
li
BANKEKS AND
/or Cash or on
Bonds, and all Investment
NEW YORK AND
No. 45 Wall Street,
Transact a general banking and brokerage busless in Railway Shares and Bonds and Government
12
Co.,
OF GEORGIA,
Gwynne & Day,
Established 1854.]
Sell on Commission,
H. H.
Co.,
BANKERS AND COMMISSION MERCHANTS
2 Exchange Court, .New York.
f
Buttrick
&
Securities, in lots to suit.
prompt remittances made on day of payment.
Boston business paper discounted.
dence invited.
Kimball
4 Exchange Court, New York.
years memierehi/ in N. V. Stock Exchange.
Margin,
Surplus,
Stock Exchange.
BANKERS and BROKERS
Sam'l J?iullips, Cashier.
Maverick National Bank,
<T.
York.
Platt K. Dickinson',
Howard C. Dickinson,
Members .V. Y. Stock Exchange and N Y. Mining
TRANSACT GENERAL DOMESTIC AND FOREIGN BANKING BUSINESS.
Cle.)
New
Stocks, Railroad Bonds. Governments, and all Securities dealt in at the N. Y. Stock Exchange. bought
and sold, either for investment or on margin.
Have been connected with mining since the discovery of the famous Comatock Lode, and also
pioneers In the celebrated Bodlo district, in which
- Uulwcr," "Bodie."
are'located the " st.inrtr.r
and other well-known mines. Letters and telegrams
from these districts received dally. Orders executed direct at the Sah Francisco Stock Excnange.
Buy Commercial Paper and Billsof Exchange
Joh. Dan. Fuiibxann, Jr. (Joh.Dan. Fuhrmana).
No. 43 Exchange Place,
V
BILLS ON LONDON.
MAKE CABLE TRANSFERS.
Ma<juisay (Graff* Maqulnay), Vlce-Frei
Von :is Becee (B. Von der Becke).
Otto Gunther (Cornellle-Davld).
EM1I.K DK GOTTaL.
Ad. Frank (Frank, Model & Cle.l
Aug. Nottebohm (Nottebohm Freres).
Fh. Dhanis (Mlchiels-Loos).
ST.,
Co.,
J. B.
TRANSACTS
GENERAL BANKING
Bro's.,
BANKERS,
Anversoise,
Paid-Up Capital,
732.
St.,
Lichtenstein,
cor.
Exchange Place.
NEW YORK.
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters oi
on
all
BROKERS
IN
FOREIGN EXCHANGE,
63 Wall Street,
(P. O. BOX
New York.
2.S41.)
Special atteatlon paid to the negotiation of Coin
merclal kills.
BANKERS,
29 William
Hilmers,McGowan & Co
principal cities or Europe.
SPECIAL PARTNER,
DEUTSCHE BANK, Berlin.
Credit
Smith
&
Hannaman,
INDIANAPOLIS, INDIANA,
iUhl-:
SAFE AND PKO.T1PT LOANS
ON
REAL ESTATE SECURITY.
THE CHRONICLE
ii
_<
«
\. it.ni.i-.
I
&
Drexel, Morgan
WALL ni hi
Itrexi
•>..
<
No.* Boots Tsiso St.
Har jt-«
1.
Bool.var*
II
Nederlandsch Indische
Handelsbank,
I,
i
ft
Foreign Bankers.
Bank «.
ill ii
Bank of Montreal.
Co.,
$13,000,000, Gold.
5,500,000, Gold.
CAPITAL,
CORNER OF BROAD, NEW YORK.
Drrxel
Mini
:t
Co
ft
Hi
SLBPLUft,
GEORGE STEPHEN,
Parli.
Philadelphia
DOMESTIC AND FOREION HANKERS.
President.
ANGUS.
R. B.
General Manager
A
Noa. 69
aDnmlii.
OFFJCA,
WALL 8TBEET.
81
C
SB IT1I BBS.
A eI "u
Waxtbb Watsob,}*8811
F.
.
t
,
ATTOHITI *HD AOBKTS OF
No.
HIORGAM
J. n.
..: ..
.
OLD BROAD
fci
&
Brown
Brothers
SO WALL ST.,
No.
IwH, afalaat caak dapoal M, or
tee Of repayment. Circular
4oUart for ik
countries, and In
of the warld.
A CO.,
LONDON.
ST..
Co.,
guaran-
CreJIU for Travelers,
IB
In Uie United States and adjacent
poumlt turUmg for
ih tn any
part
TBKT ALSO ISSUE COMMKKCUL CREDITS
MAKE CAIU.K THAN8FER8 UF MONEY BE
TWF.EN THIS COUNTRY AND ENGLAND. AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.
Purchase and sell, on Commission, GOVERNMENT,
i. MI'NICH'AL ami RAILROAD BONDS
and STOCKS, and all classes of Securities dealt in
al the
NEW YORK STOCK EXCHANGE,
sold
reputable Securities bought and
LOANS
MARKET.
J.
H.
WILLIAM
BOUDEN,
B.
DEPOSITS
or
Office,
No. 53
WM.LaWSON.
OF
subject to
CANADA
54
Adolph Boissevain & Co.
Parable in an y part of Europe. Alls, Africa, Anatralls
and America.
Draw Bills of Kxeaanae and make telegraphic transfers of money on Europe and California.
&
John Munroe
No.
Co.,
No. 8 -Wall Street, New York,
4 Foil tun. • Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
RICNROB
PARIS.
CO.,
4c
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS 4c CO., LONDON.
Ctann-sa Noras
&
G.
S.
Cbboits fob
sito
Tutiuii.
G. C. Ward,
ASBBTS FOB
BARING BROTHERS
nnilMM.
4c
52 WALL STREET. NEW YORE.
38 STATK STREET, BOSTON.
J.
MM
&
&
Stuart
Co.,
J.
33 NASSAf STREET.
BILLS OF EXCHANGE ON
PAVNE
SMITH'S,
HANCHESTEH A COUNTS BANK,
I
H.
JOHN HAMILTON.
Vice-President, JOHN MCLENNAN,
CAPITAL,
Surplus,
I.MIII
IN
LONDON;
BANKING COMPANY,
BELFAST. IKKLAND;
SNIi
OS THI
NATIONAL BANK OF SCOTLAND,
EDINUUHG, AND
II
iANCIIKS;
liSU,
CAIU.K
TBA»"r»W
McKim
47 Wall
«
S.VH l.VTTFKa
%
K
OF CKKDI1
&
Co.,
l.:is,
street,
PETERSBURG,
CONSTANTINOPLE
ALEXANDRIA,
ALGIERS. GENEVA. Ac.
NICE.
ST.
Buy and sell Exchange and Cable Transfers. Issue
Commercial and Travelers' Credits, available in any
part of the world, through their agencies and cor-
NEWT
YORK AGENCV:
Equitable Build'g, 120 B'way & 78 Cedar St
ESQ.
California Banks.
Manager.
The Nevada Bank
OF SAN FRANCISCO.
New York Agency,
Nutional Bunk of the Republic.
02 Wall Street
The New York Agency buys and sells Sterling Exchange, Cable Transfers, Issues Credits available in
parts of the world, mukes collections in Canada
and elsewhere, and Issues Drafts payable at any of
the offices of the bank in Canada. Demand Drafts
issued payable In Scotland and Ireland, and every
all
np ....
Capital, paid
Surplus,
$
Gold.
10,000,01
(invested in
3,500,000
U.S.Bonds)
"
description of foreign banking business undertaken.
New/ York Agency, 48 Excnange-p ace.
HENRY HAGUE,
JOHN
B.
HARRIS,
)
JR.,
(
C. T.
»_-„,.
Agents.
Issue
Imperial Bank of Canada
CHRIS rKNSEN,
GEORGE
Commercial and
l
BKANDER.
L.
'1
A
,,_
I
ravelers' Credits available
In any part of the world. Draws Eieiia,.ge, Foreign.
and Inland, an makes Trans ers of Money by Telegraph and Cable. Gives sped .1 attention to Gold and
liver Bulll n and Speee, »nd to California Collections snd securities and air. ages to pay Dividends
on such securities at due ates.
>
H. S.
Capital, $1,000,000.
ROWLAND, President D. H. WILKIE,
;
HEAD
Cashli r
OFFICE, TORONTO.
Bbanchbs:
ST. CATHARINES, PORT COLBI >R>
INGERSOLL, WELLANl),
;
Bankers, London,
E. ST. THOMAS
DUNNV LLE FERGUS.
(la
Dealers In American Currency and Sterling KsttasB*,
London
Bosanoi-kt, Salt ft Co.,
Agents
In
:
l
do
do
New
SMITH, PAYNE & SMITHS,
UNION HANK OF LONDON.
York. The
BANK 01 NEW Y OHK.N.B.A-
Agents in New York:
Ha>ik op Montreal,
W3 Loin bartl street.
5» Wall street.
Promptest attention paid to collections payable In
Any part of Canada.
Approved Canadian business paper, payable in gold
>r currency, discounted on reasonable terms, am
proceeds remitted to any part of the United Suites bj
told or currency draft on New York.
THE
Anglo-Calitornian Bank
(LIMITED).
NEW aORK
Foreign Bankers.
Handel-Maatschappij,
Hie Ne
Trading Society
llui.l, nil,
ESTABLISED 1824.
Paid-up Capital, 3(i,000.00<l Florins
licrluuil
OF
($•4,40 ,000, Gold
•
%
St.
Co-
$6,000,000.
1,71 0.O00.
Transact a general bunking business. Issue Commercial credits and Bills of Exchange, available itt
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favor-
ableterms.
P. N.
FRED'K
F. I.IHV,
M ,„„._
ION ATX STElMlART.J Manttgers
LIL1ENT11AL, Lusliier.
H.
)
Fxceute orders for (he purchisi- of Bale of MerchanHoi lis,
ii,cKs. aim other secur ties. In
the
Inl.nl t«te-, Europe »nd the hast; make oliectlou.
buy aid ell rorvlsn Kxchauge, and give advances
upon jserihanuue for hx;iorl.
ol.lVKi: s.
ARTBtt, J Agents
"
& W. Seneman &
Agents. J.
Authorized Capita
Pnld up aud Res rvc.
.
Nederlandsche
;
LONDON, Head Office, 3 Angel Conn.
SAN FRANCISCO Office, 422 California
1
-
F. Gilbert .& Co.,
dise.
Brothers
K
lO >,OO0,OOO fi-ancs
24,000,000 "
LONDON,
VIENNA,
MARSEILLES, MADRID,
PARIS,
LONDON. ENG.-Tbe Clydesdale Banking Comp'y.
NEW YORK-The Bank of New York. N. B. A.
4c
MANCHESTER, PAYABLE
I
-
- • • -
LYONS,
OFFICE, NwNTEEAL.
GEORGE HAGUE, General Manager.
WM. J. INGRAM. Asst. General
HANK KRS
BAE KEttS. LoNDoH
"LllllTKll;"
Lyonnais.
Credit
:
Isene Letters ef Credit for Travelers,
I'm:
respondents.
Hon.
President, the
HEAD
CORNER BROAD 8TRKVT. NEW YORK.
CO.,
North America,
WALL STREET, NEW YORK.
«S 8TATE STREET, BOSTON.
Agents
85,401,790 Paid Up.
Capital,
BANKERS,
EXCHANUS FLACK,
BLAKE BROTHERS A
N. Y.
-WALL 8TBEET.
Merchants' Bank
HATCH,
FRANK JENKINS.
No. 9 Blrehin La ne.
Commercial Credits Issued for use In Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable In
London and elsewhere, bought and sold at current
rates; also Cable Transfers.
Demand Drafts on Scotland and Ireland, also en
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MACTAVISH.j
.„.,,
'{Agen
ts.
all
& W. Seligman & Co.,
S9
in Batavta, goerabaya and Samarang.
Correspondents in Padang.
Issue commercial credits, make advances on shipments of staple merchandise, and transact other
business of a financial character In connection with
the trade with the Dutch East Indies.
BA N K EBS
AGENCY OF THE
AND
COMMISSION MERCHANTS
Bank of British
AMSTERDAM, HOLLAND
North America,
Correspondents.— Messrs. BLAKE BROS. & CO
COMMERCIAL PAPER
Interest paid on
negotiated.
check.
THOMAS
and
1863.
Dominion of Canada.
London
the oI'KN
in
Established in
I'aid-Ip Capital, 12.00>,000 Guilder*
Gold.)
•I.MHi.
HEAD OFFICE IN AMSTERDAM.
Buy and tell Sterling Exchange, Francs and Cable
Transfers; grant Commercial and Travelers' Credits, available In any part of the world ; issue drafts
on and make collections In Chicago and throughout
the
N. V.,
satlsf actory
AMSTERDAM, HOLLAND.
Agencies
NSW YORK
Deposits recrivsd subject to Draft. Securities. Gold.
*« .boss*! and sold onCsmmlMioo. Interest allowed
Forelga Kirhangr- Commercial Cratflta.
»• Transfrrs. circular Letters tor Travelers.
arguable lo all parts «f the world.
'I
XXIX
Vol,
n«w
York.
No. 10 Broad
•
BTANTON BLAKE,
f
I1ESKY K. UAWLKY, ) America.
New York January 1, i»;».
Office, 142 Pearl street, New York,
St.
inear Wall).
BANKERS AND STOCK BROKERS.
Stou
nought unr. unit! on the NEW TOitK STOCK.
EXCHANlifc. oi. a iun.iv.ti of 3 percmt, If derlred
>-
attention plveji lu small Jinn Utr. < ii. vi'htn.riits.
Any tntormatlou given. i.ut.unaUy or by luall. ir'irst*
clMH references.
J-
«| 11 .1
:
July
5. 1879.
THE CHRONICLE.
|
Boiton Banker*.
in
Southern Bankers.
INVKSTMKNT
POST OFFICE SQUARE,
!8
OSTON.
.......
•
Loans made upon time on Staple Merchandise
either upon bills of Lading or Warehouse Receipts.
Exchange of Collateral, or prepayments In part
for entire loans allowed.
allow Interest on all payments made before
maturity of loans
CORRESPONDENCE SOLICITED.
&
Brewster, Basset
*
P.
MILLER, R. !>. WILLIAMS, JNO. W. MILLEKi
CHAS. II. MILLER.
&
Co.,
BANKERS,
111. ALABAMA.
payment.
Correspondents.— German-American Bank, New
Y <>rk Louisiana National Bank, New Orleans Bank
;
Commercial
sapor.
Board
Investment Securities constantly on hanfc.
Geokbe H. Holt,
Member N. Y. Stock Exchange.
(Ho. Wi. iUllou.
of Liverpool, Liverpool.
WALL STREET,
New
IS
DEVONSHIRE
Collections
made on
all
parts of the TTnited 8tates
Financial.
Lancaster
&
Co.,
BANKERS AND BROKERS,
ST.,
66
Boston,
York,
A. K. Walker, Cashier
First National Bank,
WILMINGTON, N.C.
Geo.Witi.Ballou&Co R. A.
6
If
ROMs WAY, NEW YORK,
DEALERS IN
BANKERS AND DEALERS IN
Municipal Bonds.
CAPITAL,
&
Co.,
BANKERS
40
First-Class Investment Securities.
GOVERNMENT BONDS, STATE. CITY. COUNTY,
RAILROAD & MISCELLANEOUS SECURITIES
DEALERS
IN
GOVERNMENT
State. City, County and Railroad
SECURITIES, Gold
Bonds
H. Peck,
BANKER AND B O K
It
i:
III
EXCHANGE PLACE,
No. 7
LOANS NEGOTIATED.
INTEREST ALLOWED ON DEPOSITS.
Authorised by law to act as Executor, AdministraGuardian, Receiver, or Trustee, sad la s
interest allowed on Deposits, which may be made
and withdrawn at any time.
N. 11.—Checks on this Institution pass through the
ty SPECIAL ATTENTION GIVEN TO
FENDING VIRGINIA AND NORTH
H. L. Grant,
NO. 146 HROAMWAY,
&
RANKERS,
No. 78
DEVONSHIRE STREET,
BOSTON.
Stanton D. Loring,
Late Cashier Blackstone National Bank?,
Atchison & Pike's Teak RR. Bonds and Stock.
Chicago & Illinois Eastern RR. Bonds and Stock.
City, County and Town Bonds of Western States.
City of St. Joseph, Mo.. 7 Per Cent Bonds.
Iowa Central Railroad First Mortgage Bonds.
Danville Urbana Blnomlnjrton & Pekin Bonds.
Indianapolis & St. Louis Railroad Bonds.
St. Louis Vandalia'& Terre Haute Railroad Bonds.
Houston & Texas Central Railroad Company Stock.
Port Huron & Luke Michigan Railroad Bonds.
East Lincoln (111.) 10 Per Cent Bonds.
International & Great Northern Railroad Stock.
St. Joseph & Western Railroad Stock.
New York & Oswego Railroad First Mortgage Bonds.
N. Y. & Oswego Midland RR. Receiver's Certificates.
Utah Southern Railroad First Mortgage Bonds.
St. Louts & South Eastern Railroad Bonds.
WM.
R. UTIF\, 31 Pine
Dealer In CITY. COUNTY and
J.
RAILROAD BONDS.
STOCK BROKER,
SIMMONS' BVI1DIHG,
t
8TATE BANK.
(Incorporated
)
1819. (
C. T. Waleke
Cashier.
German Bank,
broker. Services henrered for a moderate
Correspondence of foreign and domestic
tee.
bankers solicited. Refers to Hallgarten & Co.;
White, Morris & Co.; Marx & Co.; and others.
GOLD ic SILVER
GOLDEN FLEECE
MINING COMPANY.
Office, Reno. Washoe County, Nevada.
York Office, No. 17 Broad Street.
Authorized Agents at New York and Boston for the
sale of a limited amount of stock,
M. & S. STERNBERG ER, Bankers.
17 Broad Street, New York,
And 52 Devonshire Street, Boston.
Geo. H. Prentiss,
LITTLE ROCK, ARK.
CAPITAL
Lichtenauer,
INVESTORS,
New
Southern Bankers.
F. Pihzsx,
M.
7 Nassau St., Room B, opposite U. S. Treasury Bldg
Established for the purpose of furnishing advicet o
Intending investors and holders who wish to change
their securities. Does not buy ou sell, or act as
Main
Boston, Mass.
President.
24
BROAD STREET.
$75,000.
36,000.
GAS
business In onr line.
N. Y. Correspondents, Donnell, Lawson ft Co.and
b«
tropollUn. National Bank.
A
(Paid-in)
Subtlus
Prompt attention given to all
N. Y.
CONSULTING OFFICES FOR CONSERVATIVE
C. C. Jackson,
«;.
St.,
CARD.
BANKER AND BROKER.
No. 61 STATE STREET,
BOSTON.
KING, Pratdmt.
Vict-Hruidr.nl.
3d Vict JYetiJtnl.
1st
Wx. Whitewribut,
EXECUTIVE COMMITTEE.
M. MoLsaic.
Samuil WlLLST*.
WH. WniTEWBlOBTT,
Geo. Cabot Waed
AUGfSTfs BOHELL,
E. B. Wesley,
G. G. Williams,
jr. II.
C
Wood.
D.
OGILVIB,
Secretary.
The Brooklyn Trust Co.
Cor. of
This
Brooklyn
STOCKS
SPECIALTY.
Securities
Montague A Clinton sts.. Brooklyn, N. Y.
Company
is authorised by special charter to
act aa receiver, trustee, guardian, executor, or ad*
minlstrator.
It can act as agent in the sale or management of
real estate, collect Interest or dividends, receive
registry and transfer books, or make purchase and
sale of Government and other securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will
find this Company a safe and convenient depository
for money.
RIPLEY ROPES, President.
CHAS. R. MARVIN. Vlce-Pres't.
Edoar M. Cullen, Counsel.
TRUSTEES
Wm.
B. Kendall, Henry Sanger, Alex. McCue,
John P. Rolfe, Chas. B. Marvin. A A. Low,
Thomas Sullivan, Abm. II. Baylis. Henry K.Sheldon
H. E. Pierrepont. Dan'l Chaunccy, John T. Martin,
Alex. M. w hito. Josiah O. Low, Ripley Ropes,
Austin Corbin. Edmund W. Corlles.
WM.
R.
BUNKER.
Secretary.
Wanted Money
IB
KIWI, NEBRASKA AND DAKOTA.
10 To 12 Per Cent Guaranteed.
FOR SALE.
A Choice lot of Lands In different parts of the
West. Also, Western Securities. A Choice invest
ment. Address, for full particulars.
D.
II.
TALBOT,
Geseral Land, Scrip and Warrant Broker,
Mom
City,
Iowa.
Albert E. Hachfield,
Bought and Sold
NASSAU STREET,
19
See quotations of City Railroads In this paper.
WANTED
Stackpole,
M. McLlAX,
J.
Reference.— First National Bank, Sioux City, lows
CITY RAILROAD STOCKS & BONDS
BOUGHT AND SOLD.
ROSTON.
Parker
EDWARD
Clealins-House.
TO LOAN ON APPROVED SECURITY
NEW YORK.
F.
St.
$1,000,000.
.
.
tor.
Bought and Sold on Commission.
Virginia Tax- Receivable Coupons Bought,
CAROLINA STATE BONDS.
STATE STREET, ROSTON.
rT
.
HAS SPECIAL FACILITIES FOR ACTING AS
S0U1BERN SECURITIES A SPECIALTY.
Chas. A. Sweet
.
;
E. a. IlHRjtuss, Pres't.
•.actions, and Private Sale.
CO.
TOUK,
No. 73 Broadway, Cor. Rector
J.
Spcolal attention paid to collections, with prompt
remittances at current rates of exchange on day of
,TIa»a.
NEW
LEGAL DEPOSITORY FOR MONEY.
Stocks and Bonds promptly executed at
New ork Board..
in
Co., Thos. P. Miller
Orders executed on Commission at Brokers
ST.).
PHILADELPHIA.
Orders
OF
Transfer Agent and
Registrar of Stocks.
Austin,
the Philadelphia an d
'
Dealers In Stocks. Bonds, Gold and
far.
*'o.
STOCK BROKER,
203 WALNUT PLACE (316 WALNUT
THOS.
CONGRESS STREET,
icon to it,
Bell
J.
BANKERS,
>o. 38
Information
N. Y. CoEEEsroNDEirrs— McKlm Brothers
Treasurer
President.
and
solicited
slaked,
UNION TRUST
s
peclalty.
Correspondence
it
Chartered In 1870.
$500 000.
CAPITAL,
STEPHEN M. CROSBY,
OEJ. WCOD8 RICE.
VIRGINIA SECURITIES
and
lllillK nil.
I
Wilson, Colston & Co.,
Massachusetts
I1ANKKI 8 AND BROKERS,
Loan & Trust Company,
RALTIK.ORE.
No.
.
:
BASEMENT,
Deals In Investment Securities and
Bonds Generally*
WANTED.
Boston A New York Air Line Preferred Stock.
Toledo Logansport A Burlington Bonds.
Union A Logansport Bonds.
Columbus A Indianapolis Central Bonds.
Rome Watertown A Ogdonsburg Bonda
Indianapolis A Vlncennes Bonds.
New York A Oswego Midland Bonds.
Southern Railroad Bonds.
MISSOURI COUNT* BONDS. *
Buchanan County, Mo.,
10*8.
Cass County, Mo., 10's.
Cape Girardean County, Mo., 10's.
Charlton County. Mo., H's.
Daviess County, Mo., Ts.
Henry County, Mo., 10's.
Howard County, Mo., Charlton Township.
Henry County, Mo., 10's.
Marion County. Mo., Mason Township.
Morgan County. Mo., 10's.
Pettis County, Mo., 10's.
St. Clair County, Mo., 10's.
Ralls County, Mo., 10's.
Sullivan County, Mo., T».
WANTED BY
TOHKV
efc
KIRK,
4
Broad
Street.
Erie 1st and 2d Consolidated Bonds
AND
Erie $6 Assessment Paid Shares,
BOUGHT AND SOLD BY
I
52
D.
PROBST
<f£
CO.,
EXCHANGE PLACE, NEW YORK
N. T.
CITY.
Beers, Jr.,
BROOKLYN SECURITIES, CITY BONDS,;
Gas Stocks, A
.
HAS REMOVED TO
No. 1 I?EW STREET,
Mayl,
187«.
NEW YORK
:
'
:
THE CHRONICLE.
I
LOUIS ALTON AMD TEHRE
COMPANV OF NBW CT.
UNION TRUST
k% A UTK RAILROAD CO.. No. Wall STREET.
73 Broadway, coh. or Rector
St.,
YORK.
NEW
1.
btJitlh"oS«oYlho Union Trust
York
K.July
Vi. H
TtoA following coup., n. due July
fl"*— 1—
»* Onikl
flllnsiir'(Viaua S..utb.'rn Railroad Co.
i
1,
1XTP.
1«7V. are p»>»-
iVmimnyofVcw
CUy
of Hannibal.
Kochestar.
Colorado Cattle Co.
-
County
Second
aj wick. June :«>. lHTO.-Totbebolderaof
Altoo A
Mortgage Preferred Bond* of the Bt. Louis
FIVE PER CENT
Term Haute Railroad Company
Coupona of SERIES C of these bond* due Febru-
G"LD DOLLAR AND STERLING B1NF,
M
:
Hi..
7TH JULY,
United SUteat'.'urt.
"' M»nltow.>c
« PHUburg Railroad ''<•Grand River Valley rUlln«.l Co. 1.1 mort4r»«».
Grand Rapid N«TriBilA»eSh<:« 1U """O «igKrtr
Indlan»p.'li»
* Ht/Loul.
1,
1st mortgage.
Rett. Intereat.
Satrinaw ILK.
t ...
Town
Town
Town
Town
of
of
of
of
I-eroy.
Mltlillebury.
presentation at our
Town or Chatham.
Town of Eagle.
Town of Wheatland.
Town of Waraaw.
Tow, of Gen^tTa^
No.
p^n^^g^
H
BIHKOE1HE
YORK.
rate of Ave per cent per annum be paid to depositors
on and after July 21, on all sums of five dollars and
upwards, which haTC boon on deposit for the three
months ending June
30. 1879.
Interest will be credited as an original deposit, and
from
If not withdrawn will be entitled to Interest
July 1, 1870. Deposits made on or before Thursday,
July 10. will draw Interest from July 1.
Bank open every day from 10 to 3, and on Mondays
and Saturdays from 10 to 7.
Bank books In English, German and French.
K. A. QU1NTARD. President.
SEYMorii A. Bu.nce, Secretary.
SlVINfS BANK,
AfETROPOLITAN
3THIKU AVENUE.
JJA
Interest
1 AND
FIFTY-SECOND DIVIDEND
NKW YollK, June 27, 16.U.
at the rate of FIVE PER CENT per an-
and under, and at the rate of
FOUR PER CENT on amounts over tl.000, which
have remained on deposit during the three or alx
months ending July 1. 18711'will be paid, according to
the by-laws, on WEDNESDAY, July 1*.
Dividends not withdrawn will be udded to the deposit and draw Interest from July 1.
Deposits made on or before July 10 will draw Intereat from July 1.
ijas ( T „, KANy PreBldent
on sums of
.
,
GEORGIA
TOAST TENNESSEE *
RAILRO AD COMPANY.-Thc Coupons of this Com1870, will
1,
be paid on and after that
WILSON A
R. T.
date by
CO.,
2 Exchange Court.
TENNESSEE VIRUIMA
^AST
E'
HOWDA RAILROAD COMPANY.-The Coupons
of this
Company due July
1,
1879, will be paid
At
on
and after that date by
GALLATIN NATIONAL BANK.
U
HE at
i CHASE
I
New
York.
1
(
PROPOSALS TO SELL THE
s EALED
First Mortgage Bonds of the
l>CI0T0 VALLEV RAILWAY CO.,
to the
amount of
Six
Thousand
Dollars, are Invited
by the undersigned. Trustee of the Sinking Fund,
and will bo received until the close of business on
t
he8thda^ Jul^
p
A CALDWELL
Prealdent
,
UNION TFLFGRAPH
WtsrBBN Treasurer's
Office, New York,
COMPANY,
June
11, 1ST9.
DIVIDEND
NO. 48.
Tue Board of Directors bave this day pagMdareso-
lutton directing that of the stock of this Company
held in the Treasury there be distributed and transferred to the credit of stockholder*, of record at the
close of business on the 20th of June inst., an
amount equal to 17 per cent of the stock held by
each stockholder.
_
.
,
,
Mt , „
The Board have also declared a quarterly dividend
of \H per cent in cash upon the capital stock of this
company from the net earnings of the three months
ending June 30th, Inst., payable at the office of the
Tnusurer on and after the 15th day of July next, to
shareholders of record on the 20th day of June, inclusive of the additional stock which may be transferred and distributed us above provided.
The transfer books will be closed at three o'clock
on the afternoon of the 20th inst. and be opened on
the morning of the 16th of July.
R. H.
KOCH ESTER,
Treasurer.
MII.HMI.M-II
III
PUR-
par the Indiana Central Railway 10
per cent Coupons due July 1, 1H79.
A. ISBLIN A CO..
48 Wall street.
June 28. 1879.
The Lake Shore and Michigan SouthernI
Railway Company. Treasurer's Office.
Guano Central Depot.
NOTICE No. %
DIVIDEND
LITTLE FITTSBCK*; CONSOLIDATED
ING COMPANY, 113anrt
June 12, 1870.
115
Broadway,
New
MINYork,
of Directors have this day declared a
dividend of tlOO.000 (one hundred thousand dolShare (par value
lars), being FIFTY CENTS
$100) on the capital stock of this company, out of
the net earnings for the month of June, 1M79, payable at the office of the company on and after July 7.
Transfer books will close June 80 and re-open on the
GEORGE C. LYMAN, Secretary.
10th of July.
The Board
m
HOI.IU KN
<>p
M \M O!
I
\ II.
BONDS TAKE NOTICE.
ILLS.,
Bonds number 10,4* and 49 of the above-named
town are hereby called in and will be- paid on pre-
sentation at the banking-house of L. A. COQUARD,
No. 124 N. 3d Street, St. Louis, Mo., on or before the
15th day of August, 1HTO, at which time the interest
on the same will cease.
By order of the Board of Trustees of the town of
Muoontab.
CI A PITA- IS S AND ITIIMNG COltt'PANIES desiring the services of an expert mining and mechanical engineer, in connection with the
examination and development of mineral properties, arc Invited to communicate with the undersigned, who will leave on or about July 10 for
California, returning through Nevada, Utah, Colo-
rado and Dakota.
Consol Bonds.
Wc will exchange the above bonds in accordanoc
with the terras of the recent Funding Act for the
Old, New and Funding Act Issues of the State. The
new bonds are now ready, and as but a limited time
should act
Is allowed for funding bondholders
promptly.
.^
...
Having for many years made a specialty of Southern Securities, wc are prepared to furnish accurate
Information regarding the bonds of this and other
Southern States, and shall take pleasure in doing
so on application.
JOHN R. MANNING,
8 WALL STREET, NEW YORK.
Member or the New York Stock Exchange.
WASTED
MISSOURI and
kinds of
Ail
price paid for them.
address,
L,.
A.
BANKER
124 N.
I
Give
ILLINOIS DE-
Highest market
and
full description,
COCIUABR,
BROKER,
A Nil
hi id street, St.
Loul., TIo.
Texas Bonds.
STATE, RAILROAD, COUNTV AND
1II.MIIIML BONOS
BOUGHT AND SOLD.
J. C. CHEW, 29 Itroadwav.
ARE NOW FUNDINO THE
W'E
* v Bonds of the States of Virginia and North Carolina.
We will send tile new binds
promptly in re-
turn for the old. Forms for funding and
mation furnished on application.
THOMAS BRANCH & CO.,
Bankers,:
ail
Infor-
&c, Richmond, Va.
NITKB STATES CIRCUIT COURT,
SOUTHERN DISTRICT OF NEW YORK.-In
JOHN G.STEVENS and others,
complainants, and the NEW YORK 4 OSWEGO
MIDLAND RAILROAD COMPANY and others,
Equity— Hctween
defendants.
The sale under the decree made in the above-entitled suit, which has been advertised In this paper once
a week for the fifteen weeks last past, is hereby adthe sale to take
journed to September 26. INfii
place at the wickham Avenue Depot of the New
York \ Oswego Midland Raiiroad Company, in Middletown, in the County of Orange and state of New
York.
For terms and conditions of sale, reference is
made to the advertisement referred to, or can be
obtained by calling upon the Maater at his office.
No. 140 Nassau street (Morse Building!, in the City
KENNETH G. WHITE.
Of New York.
Master.
Dated June SB. 1STB.
Ai.exanijku k Gkkkx.
Complainants' Solicitors,
No. 120 Broadway,
;
New York
City.
GENTLEMAN OF LONG
NnTICE.-A
experience in the Cotton Trade
is desirous of
procuring a reliable agency for any of the cotton
very highest references
markets of the South,
given. Address, A. S. G., Office Commercial and
unanciai. Chkonicle.
MCDOWELL, E. M.,
Room No. 11 Coal & Iron Exchange,
F.
North Carolina
FAULTED COUNTY BONDS.
(1 .000
0. N. Conklin, Secretary.
pany due July
Pine Street,
CO.,
S4 Wall Street^
New
BROWN A BRO„
11
Fidelity Insi-rance Trust A 8. D. Co.,
Philadelphia, July 1, 1H78.
THIBTY-BlGHTll DIVIDEND lir INTEREST.
The Trustees have ordered that Interest at the
num
H.
PAYABLE AT THE BANK
NEW YOBK OK LONDON.
BLAKE BROTHERS &
office.
W ALSTON
BOWERY. COR. OF CANAL STREET.
six
be paid on
will
i
CITIZENS' A VINO
CITY Of NEW
and
day of July, 18TO,
1st
19 8
FOR SALE BV
FIBST MORTGAGE COUPONS
due on the
Slephcntown.
I
No.
I
OF MONTKEAL, IS
President.
PAUL STILLWATER A TAYLOR'S
FALLS RAILROAD COMPANY, and Of the HUDBON A RIVER FALLS RAILWAY COMPANY,
Gainesville.
Bochest. r A suit.. Line Kl:
State Line A Sullivan Kll Co.
.
II
CUTTING,
DUE
PllINCirALAMl I.VTKKEST
of the ST.
A Michigan Southern
Mtcklgan Central Air Line.
Northwestern Telearah Co.
Roehr.t.r Water dec. Int. and Coupons.
M. Louis National Stock Yards.Kit.
^0,
Sandusky Mansfield A Newark
.
Union Purine 1st mort*»ire and Slock DlTldend.
Lake Shore
BAYARD
\V.
...
INTO. 1st
1
-.Mr. A
jStaonTan.liM A
July
Kll. Co..
Province of Quebec
1*
the Third
ary 1, 18TB, will be paid on presentation at
MONDAY,
National Bank In this city, on and after
of the
order
the
with
in accordance
l
vol. x: ix.
Financial.
Financial.
..ill. III.
I.
I
H.
No. 17 Cortlandt Street.
To
^^*
Consumers of Gas.
I
New York. June 19. 1879. J
lilitiriimv OF THIw COMIII
A pany have this day declared a dividend of TWO
AND ORB-HAL* PER CENT upon Its CAPITAL
I
STOCK,
payable on the 1st day of August next at
this office.
The
transfer books will bo closed at 3 o'clock
P. M. on s ATI III) AY. the '^»b Inst., mid will be reopened on the morning of WEDNESDAY, the 0th
day of August next.
E. D. WORCESTER, Treasurer.
The Michigan Central Railroad
Co..
)
TllEASUntH'SOFriCE, GRAND CENTRA I. DEPOT, >
New York. June 19. 1879. J
v <•!
'fills co.H'I'm:
I panv have this day declared a dividend ox (INK
AND ONE-HAL* PER CENT upon its CAPITAL
STOCK, payable on the 1st day of August next at
nun
this office.
The transfer books will be
P.M. on SATURDAY, the 2Hth
opened on the morning of
day of August next.
C.
MISSOURI
closed at 3 o'clock
Inst,
and
will
WEDNESDAY,
VANDERBILT.
PACIFIC
bo re-
Treasurer.
RAILWAY
on the Second Mortgage Bonds of the
Railroad
Company
(of Missouri), will
and after that date at
Pacific
be paid oa
this office.
0. K.
MAIN OFFICE. RENO., WASHOE
CO.. NEV.
ST.
Authorised Agents at New York and Boston for the
number
of
stock,
sale of a limited
M. & S. STERNBEBGER, Hankers,
No. 17 BroaU Street. New York, and
No. 52 Devonshire Street, Boston.
NEW YORK
GARRISON, President.
OFFICE,
17
REDACTION IN PRICE!
BROAD
OFFICE OF THE
MANHATTAN GASLIGHT COMPANY,
,
CITY OF MOBILE
Past-Due Coupons.
THOMAS P. MILLER A CO.,
MOBILE, ALABAMA.
the nth
COMPANY, OrriCE NO. 5 BOWLING GREEN.
New York. June 26, 1879.— The Coupons due July 1,
1879,
NEVADA MINING CO.
SOUTHERN
SANTA FE DISTRICT, ESMERALDA CO.. NEV.
WASTED
Alabama, South Carolina Ac Louisiana
State Bonds;
New Orleans Jarkson X tit. Northern.
nUsstaalppI Central, and .'labile
A Ohio Kallroad Bonds ;
New Orleans Bond*.
City of
LEW
dc
BOBG,
38
WALL, STREET.
No. 4 Irving Place,
New York, June 27,
1879.
The Manhattan Gaslight Company h>sl'txtfclly informs its customers ant1 the
public generally that on and after this
date the phice of gas furnished by this
Company will be ax the Reduced Rate op
Twenty cents for one Hundred cubic fi a
to all those who consume less than ten
TmirsANo Cubic Feet of Gas per Month.
TO THOSE WHO CONSUME TEN THOUSAND FEET
1'EK Month the Price will be Nineteen Cents
per one Hundred Cubic Fket, oh One Dollar
and Ninety Cents per thousand.
to larger consumers a still greater reduction will be made, the price depending
upon the ouantity supplied.
Having availed itself of all known impkovements, this company' will continue to
furnish in the future, as it has done in the
past. as pitre, as safe anll as des1kable a
light as can be obtained by any process yet
invented or discovered.
CHAS. ROOME, President.
James W. Smith, Secretary.
-,t
financial;
xmm
HUNT'S MERCHANTS* MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
SATURDAY, JULY
29.
CONTENT8
Commercial
and
Miscellaneous
News
THE BANKERS' GAZETTE.
Money Market,
V.
Securities,
8.
Quotations of Stocks and Bonds
Local Securities
Investments, and State, City aud
Corporation Finances
I
Railway Stocks, Gold Market.
Foreign Exchange, N. Y. City
Banks, etc
I
I
10
I
11
H
15
THE COMMERCIAL TIMES.
Commercial Epitome
20
Cotton
20
i
Breadstuffs
24
2J
Dry Goods
The Commercial and Financial Chronicle m
day morning, with
up
the latest news
to
issued on Satur-
midnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE
For One Year, (including fostage)
For Six Months
do
Annnal subscription in London (including postage)
no
Six raos.
do
do
IN
20.
10.
£2
0s.
London
office of
Office.
the Ciironicle
where subscriptions
will
is at No. 5 Austin Friars, Old Broad
be taken at the prices above named.
Ad vertlsements.
Transient advertisements are published at 25 cents per line for each insertion,
bnt when definite orders are given for five, or mure, insertions, a liberal discount is made. Special Notices in Bunking and Financial column 60 cen's per
line, each insertion.
WILLIAM B. DANA,
JOHN O. rLOTD, JR.
WILLIAM
I
79
f
&
B.
81
DANA & CO. Publishers,
Wimam street, NEW YORK.
Post OrpicE Box 4592.
W
A
n-at file-cover
furnished at 50 cents; postage on the same is 18
cents. Volumes bound for subscribers at $1 20.
S3T" For a complete set of the Commercial and Financial Chronicle—
July, 18>">. to date— or of Hunt's Merchants' Magazine, 1839 to 1671, inquire
at tho oflicc.
is
ACTION OF THE LOUISIANA CONVENTION
AND
ITS MORAL.
Whatever may be the
Convention now
in session
final
action of the Louisiana
respecting the State debt, the
Committee and the press of
Orleans shows a sense of honor existing at that end
course of the Citizens'
New
of the State at least, which will never permit the ques-
illus-
one fact very clearly, which we have oft* n insisted
upon and wish politicians would take note of, and that
is that great reliance can be placed on the average
intelligence and honesty of any American community, if
trate
the necessary steps to enlighten
remember that the
it
will only
be taken.
citizens of Louisiana are in
and pecuni-
ary embarrassment which, as Calhoun once expressed it,
naturally " blunts every feeling of honest pride and
1
The London
of repudiation great influence with the creditors.
But this little piece of history and the fiual action
just that condition of commercial depression
1 7s,
Subscriptions will be continued until rrdered stopped by a written order. Of
at the publication office. The Publishers cannot he responsible for Remittances
unless made by Drafts or P>st-OfBce Money Orders.
Street,
the very contest which has been in progress in New
Orleans for some weeks should, and we have no doubt
wiil, give the Committee who have organized this defeat
We must
ADVANCE:
$10
3
We
l| United States Treasury statement
2 Latest Monetary and Commercial
English News
3
3
5
732.
Funding Act, but reducing the interper cent for fifteen years and to 4 per cent
thereafter.
have nothing at present to do with the
question of the acceptance of this proposition, though
Imports and Exports for May. 18*9
Action of the Louisiana Convention unci its Moral
NO.
1879.
stituted under the
est to
THE CHRONICLE.
Egypt and Her New Kuler
American Leaf Tobacto
Financial R view of Juno
The Debt Statement fur Jane, 1879
5,
deadens the sense of justice," so that they were very
ready to be carried away by any cry which would
promise temporary relief.
No part of our country
is
more unfavorably situated for the growth of
a sentiment favorable to the honest payment of
that
State
the
present
time.
debt
than
at
Furthermore, a small portion of the debt which had
been funded and is now undistinguishable, was generally
admitted to be fraudulent, and nearly nine millions of
the original debt was contracted under a government
which the very large majority of white people there,
believe was never elected, but forced upon them.
We
recall these facts simply to show how maay hindrances
the development of an honest sentiment met with; the
people were personally embarrassed, and, therefore, their
sense of justice was deadened, and t.hey had the semblance of an excuse which they could use to justify their
action.
When, however, the question was stripped of
its immaterial issues and the people were brought face
to face with the fact that all the now outstanding debt
had been funded through a board of liquidation, under
—
be finally settled except in one way. In fact, the
remarkable success their efforts have thus far met with the acts of the Legislature of the State, passed in 1874,
hopeful feature for several reasons.
is a very
It and the bonds regularly issued in every way by the
will be remembered that when the majority report State, and that finally the whole funding scheme and
was made, cutting down the debt to almost nothing, it proceedings had been confirmed by the legislative act of
had the support of a large majority of the Convention. 1877 and by the courts, they seem quickly to have
This week that report has been actually defeated by a realized that repudiation could only be with dishonor.
tion to
vote of 49 yeas to 80 nays.
That, of itself, shows a
remarkable ehange of opinion, and would be a very
gratifying victory and yet it is by no means all that
has been accomplished. On Tuesday of this week the
Convention adopted a substitute for the minority report,
We
dwell thus at length upon this case because, as
we
have stated, it is a good illustration of a great truth,
one which it would be wise for statesmen and for
No party can be built up
politicians to consider well.
or can afford to have its
on
dishonesty
country
in this
recognizing the entire principal of the State debt as con- policy tainted with the least suspicion of any species
;
2
THE CHRONICLE.
A
temporary success may frequently
be obtained by takiug advantage of hard times. Thus
it ia that the silver and the greenback cheats have for
a time secured a large following. But our people are
too intelligent, and either too honest or too shrewd to
-of repudiation.
be long
A
deceived.
greenback orator,
who
is
said to
|
Vol. XXIX.
cannot pay their taxes until they have the means of tillIt is quite possible, therefore, that
ing and sowing.
before the new Government is in a position to meet the
demands of creditors, there will be another impatient
outcry,
to
be
followed by other
and
more
radical
changes. It is but reasonable to conclude, however,
that so long as the young Khedive preserves good faith,
have begun with the silver heresy, but has now passed
beyond it, explained himself in a speech the other day and shows a willingness to do his best, he will receive
by saying that " it is a great wrong to stamp one dollar the encouragement and support of the Powers. The
" on a piece of coin that is worth eighty-four cents, when it task, however, is so difficult, and time is so necessary for
"is just as easily stamped on a piece of paper worth noth- its accomplishment, that France and England jointly, or
ing." That statement shows a logical mind; and yet England alone, may find it necessary to occupy Alexa great party is to-day expecting to raise itself into andria and Cairo, take possession of the government,
office on the supposition that it can make the majority and give suitable and satisfactory guarantees for the
-of our people believe the payment of debts in silver payment of the debt.
As yet there is no evidence that France and England
worth eighty-eight cents is honest and does not mean
repudiation. To be sure the leaders have apparently are to take any direct action in the new Government.
become somewhat frightened, and are just now endeavor- They have not become guarantors for the payment of
ing to conceal the real issue under other policies. We the debt. They have not, so far as any information has
hope that
will
not be allowed, but that the question
will this time be fairly
met and
settled.
The commer-
country are weary with the ceaseless agitation of questions touching the very basis of
•the currency, and the desire is that this autumn such an
emphatic eondemnation will be recorded as will at least
cial interests of the
ig'tve
us rest for a time.
us, resolved on the restoration either of the
Goschen-Joubert scheme, or of the Wilson-De Blignieres
scheme, both of which failed through the interference
of tLe Khedive. The presumption is that some new
and definite arrangement, based on the investigations
made by the French and English commissioners, and
embodying the essential features of the latest scheme,
reached
will
EGYPT AND HER NEW RULER.
The
crisis in K,'v[)t
has been ended in a manner which
have excited surprise. It was a
if the Khedive did not retrace
the ssep which he took in April last, he would be comzpelled to give way before the forces whose authority he
had repudiated, and whose anger be had provoked.
Thus, after thirteen years' rule, the greater portion of
which was characterized by great prosperity and by
-extraordinary magnificence and splendor, Ismail Pasha
has been compelled to lay aside the symbols of sovereignty; and his son who now rules in his stead, shows an
•evident disposition to carry on the government in a
spirit of rigid economy.
According to the latest advices
he has agreed to surrender one-half of his father's civil
•can hardly be said to
•foregone conclusion that,
—a
surrender which, if faithfully carried out, will
a saving of seven hundred and eighty thousand
dollars annually.
He was also surrounding himself with
•list
effect
excellent advisers.
regard this new arrangement in
is only another experiment
an
experiment, it must be admitted, made primarily in the
interests of the bondholders.
It is a doubtful question, however, whether the experiment will succeed,
It is not possible to
Egypt
as
final.
It
—
Egypt
is undoubtedly a rich country; but it has through
the exactions of late years become greatly impoverished.
The broad
acres of fruitful soil are
still there; the Nile
wealth of waters ; but the fellaheen
are poor so poor as to be without implements to till
the soil, and without even seed to plant in it. The
emblems of poverty are everywhere present. Recustill
pours
—
down
its
be arrived
at.
If
for the sake of peace the
two
governments refuse for the present to interfere directly
with Tewfik and his ministers, they are but little likely,
we may rest assured, to withhold from them their coun.
sel.
The latest news .hints at the institution of a Commission of Liquidation composed of delegates appointed
by the Powers.
It is worth while to observe the care which has been
taken to prevent any change in the relations which exist
between Egypt and the Porte. By the persistence of
France and England, the Sultan was thwarted in his
purpose to place Halim Pasha on the vice-regal
throne.
Such an
act
would have
overturned
the entire relationship subsisting between the two countries, and would have rendered it necessary for the Powers, acting in the interest of the creditors, to deal with
the Sultan at Constantinople rather than with the Khedive at Cairo. How sorely the Sultan felt under the
restraints thus imposed upon him, has been made manifest by his later attempt to abrogate the trade of 1841,
which permits the ruler of Egypt to conclude treaties
with foreign governments.
This both France and
England resist, demanding that the status which existed previous to the deposition of the late Khedive be
maintained. It is hardly permitted us to doubt that in
this later as in the former instance, the Sultan will be
forced to yield. The steady and persistent course which
the Powers have followed, in their endeavors to preserve the status of the Khedive, makes it abundantly
plain that they are resolved to hold Egypt so directly in
hand that if the necessity should arise, they will be
able to occupy at once and make a final disposition of
the difficulty without any regard to the feelings or
under such circumstances, must necesbe slow;
and to be effective it must wishes of the Sultan.
needs
imply much
fostering care
on the part
As we have often had occasion to remark in these
of the Government.
The debts of Egypt, if paid, columns, it is the jealousy of the Powers alone which
will come out of the produce of the soil; but prevents the immediate
and final solution of this diffithe soil will not yield its increase unless it receives culty. The possession of
Egypt by England is an ad*eed, with all the necessary attention of the husband- mitted necessity. The
occupation was urged upon the
man. This is the real difficulty of the new Egyptian British Government by the late
Czar Nicholas. It was
Government. It has been called into existence for the recommended by Bismarck
during the Conference at
purpose of paying the national creditors. It cannot pay Berlin
and could not by any possibility offend the
;
them until the fellaheen can pay their taxes; and they susceptibilities of Austria. It may,
we think, be taken
peration,
sarily
SJi'ly5,
THE CHRONICLE.
N
1879.]
for granted, that
it
would be assented
we
to
by
the Euro-
all
late, in anticipation of
the reduction in the
homo duty.
Gov- This was finally accomplished, to take effect on the 1st
Italy.
Both
France
and
those
of May. The stock of 101,000 hhds. last January was
mean
we
ernment
Powers have substantial interests in Egypt. There is a against 77,000 hhds. on the 1st of January, 1878; and
large French and a lirge Italian population in that coun- yet the visible supply in the markets of the world was
If, however, France and England could agree, we on the 1st of January, 1879, only 449,600 hhds., against
try.
pean Powers but two,
if
leave out the Sultan's
—
cannot regard the opposition of Italy in a serious light.
British Government have again and again declared
that while they will not force a final issue in regard to
The
49 1,200 on the 1st of January, 1878, a decrease of 41,600
hhds., in the face of a crop in the United States fully
100,000 hhds. short and a planting season that threatena
permit their interests in that land a repetition of the deficiency for another year.
If England's hands were
But, on the other hand, there is good reason to apprediminished.
be
to suffer or
now less full than they are, compensation might be hend a falling off in the demand. The " hard times "
found for France, Italy might be pacified, and the have materially reduced the consumption of tobacco
land of the Pharaohs be annexed to the dominions of throughout Europe. Great Britain and Germany are
Egypt, they
will not
the British crown. Such a solution commends itself to
us mainly for the reason that it would subserve the in-
understood to be carrying pretty full stocks.
That
prices have been very low is undoubtedly true, and the
terests of the Egyptian people and would be advan- slight advance that has been obtained in the past month
is due mainly to a natural reaction.
tageous to the commerce of the world.
There is, however,,
some speculative feeling based on the statistical position
and the unfavorable crop prospects.
The interior
AMERICAN LEAF TOBACCO.
Since the great speculative movement of 1874-5 in
leaf tobacco, attended by an almost unprecedented rise
markets are higher than
may
this.
Some
further advance-
therefore be expected; but a recurrence of the
experience of 1874-75 is neither to be anticipated nor
accompanied by a
desired.
So reckless a speculation works injury, and
steady decline in prices, which has at length brought
only injury, to all legitimate interests.
them down to very low figures. A comparison will
Some facts respecting seed leaf tobacco may be interexhibit at a glance the changes that have taken place.
in values, the trade has
been
dull,
This staple has latterly shown
thought the export demand
will revive as soon as the German Parliament disposes
of the question of import duty. The crop last year
was also smaller than in 1377, the entire yield being es-
esting in this relation.
l'RICES
OF WESTERN LEAF TOBACCO AT DATES GIVEN.
1st June, 1879.
1st Juno, 1875.
f)is®12c\
Description.
Lugs
2>2®
totlne leaf
Selections
(iooil
5o.
a 8*20.
8^®12c.
12 ®17c.
10>3®21c.
21 ®28c.
Common and medium leaf
increased activity, and
5
12 ®l5c.
it is
In the light of these figures great diversity of opinion
timated at 140,000 cases in 1878, against 180,000 cases in
seems to exist as to the immediate future of the market, 1877. There is a marked deficiency, but the exports
a revival of speculative activity and an important since the first of January are only 4,690 cases, against
advance in prices being looked for in many quarters. It 17,386 cases for the corresponding period of 1878; and
will
therefore be of
which are
About
influences
They
Italy, to
stocks at this market are
869 cases one
this period of the year, the "
are awarded.
and
interest to notice the
likely to affect prices.
Regie" contracts
are the contracts of France, Spain,
the smaller
year
crop,
now
16,963
there
cases,
against 17,-
So that notwithstanding
no present deficiency of
ago.
is
supply.
supply the needs of their people, as the
article is a government m nopoly in thote countries;
FINANCIAL REVIEW OF JUNE.
and much depends upon the quantities, grades, &c, to
The
course of the markets during Jane developed, as a r^\« r
be taken. On the 7th of June, the French contract was
a strong tone on a moderate volume of business. The predicawarded for 1^,000 hhds., of which 11000 hhds. were tions of a change from the buoyant tendency, which had been
Maryland and 7,000 hhds. were Ohio, and it is expected the great feature of previous months, were not fulfilled, and
that she will take in addition 8,000 hhds. Kentucky. the large advance in securities of all sorts which had already
Spain has awarded a contract for 21,000 hhds. in two been established was very well maintained. The dealings in
years, and Italy a contract for 11,000 hhds. for this year
—altogether
calling for 47,500 hhds. this year.
The
total exports of leaf tobacco from the Ailantic and Gulf
ports last year were 241,000 hhds., and the consumption
65,000 hhds., making a total of 306,000 hhds.
With regard to the supply, present and prospective,
the outlook
is
not favorable.
The crop
for 1-78 was
estimated on the 1st of January at 250,000 hhds., against
342,000 hhds. in 1877, but later estimates put the crop
at about 220,000 hhds.
in all
The
stocks on the
American markets were 101 000
1st
hhds.,
of January
this,
of the way.
Railroad
traffic
for the first six
months of 1879 shows no gen-
eral increase in earnings over the first half of 1878. The railroads showing any considerable increase are, as a rule, those
which are operating an increased mileage; some exceptions to
this, however, as in case of the Kansas Pacific, were shown in
which mak>- the Chronicle's tables of earnings.
The total transactions at the Stock Exchange, compared with
the prospective supply for ls79 from 321,0)0 to 351,000
hhds., against, 419, n00 hhds. for 1878, a deficit of from
68,000 to 98 000 hhds. Besides
of 1879 has not been favorable.
United States Government bonds were less animated, on account
of the peculiar situation of the market, in which the ?10 funding certificates, exchangeable for new 4 per cent bonds, introduced a disturbing element which induced the 4 per cent syndicate bankers to virtually withdraw from the market as sellers,
until the bonds arising from these $10 certificates should be out
previous months, were as follows:
the planting season
The work should have
May, whereas it was
April.
March,
U.S.Govertim't bonds
st;itr
bonds
Juuc.
May.
$4,865,150 $15,940,850 $11,53 -.250 $9,413.3<>0
l.MlSOOOl '2,517,500
1.53B.OOO
1,034,800
19,813,800 40,415.250 43,110,35,-i 31,25(1,790
1.40U
17272
1,244
1,348
3,215.995
5,450.3751
4,470,099
3,934,634;
been completed by the 20th of
Railroad bonds
stocks., shales
delayed till about the first week in June, and the tem- Bank
RK.& uilseel.stks "
perature since planting was finished his been much too
The following summary shows tb-s condition of the New York
low consequently, a deficient crop for the current year
foreign
Clearing House banks, the premium on gold, rate of
This is an additional element of
is generally expected.
merprices of leading securities and articles of
j
'
;
exchange, and
strength to price-.
The
stocks of hhds. in the principal
markets of the United States were permitted ta accumu-
chandise, on or about the
to 1879, inclusive:
first
of July in each year, from 1877
..
.
..
..
—
.
....
..
THE CHRONICLE
nrnmru.
on o« ahout jult
»f mha kt
253.575.500 882,720,200 231,635,000
17,458,000
1 •.1.666.400
16,311,000
90,371300 10,034,200 15,643,200
220.1 13,000 205,905,600 226, 188,200
53,900,300 60359,500
.|6,!M>2.600
ls.M0.8OO 81,190,400
lO.OlO.tMMI
ni*.
Hl»-. It
Circulation
Ni
t
ll.|K..ltl.
lender*
L«*al
pal U
Borplna reserve (over 25
p.c.)i
I
aft
t<«M
l*ri
:!'•.•..
me paper
100%
51%
-4 80%
per ox
in 1-oinl
86
Prime KtirlliiK bills, 00 clay*.
fniirtl st.ttts Ilundt—
6a, 1 8" 1 riiuiHiii
6a, oarreuey, 1 808
5a, 1881, coupon
4%», 1891, ruii|Mii
tool 1!K)7, eou|Min
105 Si
54
52»,s
4 85%-4 83 4 87 -4 88
107%
xlOl%
,
122 %
107%
112
104*4
lO0'4
108'b
118%
108%
90 '4
A Mud.
Klv.
u
Lake Htaore A Mich. Southern
Michigan Central
Chicago Kork Islaud is Pacific
.
New
Central of
90%
54
i*i
84%
47%
51%
68*4
ftSN
36
52%
35%
7%
127, a
117,g
125 M
ft
Jcntey
40'8
64^8
116
0<ii|
.
47%
56%
74%
137%
8ft
Central
6%
l.".'-j
73 %
Chicago A Northwestern, com.
Chicago Mtlw. A St. Paul, com.
Delaware l*ek. A Western
MtrcManditt—
The stock market showed a smaller volume of business than
well maintained at the higher range previously established.
The most importat single event of the month was the dividing
of the surplus stock of the Western Union Telegraph ComThis had
in the form of a scrip dividend of 17 per cent.
been talked of so long that it created no surprise, but as to
up
pany
strength for opposing the movements of rival companies, the
was generally conceded to be a weakening step.
The following table will show the lowest, highest, and closing prices of railway and miscellaneous stocks at the New York
Stock Exchange during the months of May and June:
distribution
IN MAY AND JUNE.
-June.
—May.
Apr.30. Low. High. May 31. Low. High. J'ne 30.
Railroads.
*88
*91
93
89% 92
89
Albany* Snsq'haima 89
41% 4278
41% 40% 43%
Bos. AN. Y. Atr-L.pf
36
39
35
34% 40%
Burl. Ceil. Hup. A No.
RANGE OF 8T0CK8
20
19=8
Canada Southern
|» t>.
....
Control of N. Jersey.
Che*. A Ohio
lstpref
do
do
Chicnso
'
Cotton, Mtddl'g Uplands
Wool, American XX
2il prcf.
4
Alton
do
Cliic.
pref.
Burl.
&
Quiiicy.
59
58%
43=8
43
•4%
*2
77
*108
114
No.
pi);.
1
V
f)
».
ton. 18
Wheat, No. 2 spring %l bush.
Corn, Western mixed. .» bttali.
Pork, mew
» bbL
40950
31942
30®37
50319 50 16 50918 00 18 00919 00
1 17
1029 104 1 589 1 63
I
Chic. Mil.
do
Chic.
.
had the effect of ilo $6 assess, paid,
do prf., $2 assess. pd
drawing considerably on the bank reserves in May and early Erie & Pittsburg
Frankfort & Kokoiuo
June. The money market worked quite easily, and neither the Hannibal & St. Jo
into the Treasury for $10 funding certificates
settlements for called bonds nor the preparations for July disbursements had any material influence in hardening rates.
B1XK »TATFM»STS.
X. T. CITY
June
Loaos and discounts
June 28.
81.
f235.U01.0un $2rx).57.'>,500
Spocie
Circulation
Net deposits
Ijegul tenders
Surplus reaerre over 85 p.
Range of call loans.
Bate of prime paper.
nv.fli«.»oo
20, 150.200
228,177.000
43.M.M1.400
8,812,050
c.
ta
.
10,1)86,4(111
20,371.300
220,113.000
40,002.000
io.oio.ooo
i
3K34K
SjJ54
do
Harlem
Illinois
pref.
Central
Indiana]). Cin. * Laf
Kansas Pacittc
Keokuk iStDes Moines
prof.
do
Lake Shore
Louisville
&
Nushv..
3%
9%
7%
.
.
55
61
52
10
52
6%
16%
12%
77
85
84
108
110
*111
50%
5
9%
6%
81%
114
58%
54%
8
12%
9%
84%
114
113% 118% 116% 114% 116
41% 40% 51% 51% 50% 5478
9078
90
93%
81% 81% 91
58% 58% 64% 62778 02% 6~78
80% 89% 95% 94 s 94% 98%
139% 138% 140%
130% 130% 141
21
33%
28% 33%
"44% 44% 55
51% 48
53%
96
x95*4
98% x96 78 96% 97%
& St. Paul.
pref.
4 Northwest.
549 60
40 9 43V
419 46
pref.
do
10259
!10 12%-37% 14 20914 30 Olio. A Rock Island.
Chlojet.P.&Mlnneap.
BANK MOVEMENTS AND THE MONEY MARKET.
Clev. Ool. Cin. & Ind.
Clev.
& Pittsb., guar.
The banks showed no large increase in their surplus reserves Col. Chic.
& Iud.Cent.
7%
Del.
Lack.
& Wcst'rn. 51=8
an
improvewhen
there
was
until the last week in the month,
53
Dubuque & Sioux C.
ment of over 13,000,600. The large amount of money paid Erie, f4 assess, paid
26%
Iron, Ainer.
prices were generally
any of the three months preceding, bnt
1
Central
Erie
Illinois
112
123%
LOO*
10t%
100%
\1U1\
Railroad Stock-!—
New York
1
92
3% 94%
1%®2
94
3
l
100
ooia
i
1877
isrs.
1879.
RAILROAD AND MISCELLANEOUS STOCKS.
1877 TO 1879.
1.
[Vol. XXIX.
48%
18
4078
*158
86
59
13
6%
51%
00%
55
55
26%
29%
48
80
23
54
80
17%
40%
60
b%
56%
27%
55%
26%
0%
8
'
2878
23%
23%
45%
•51
23%
21
42%
60%
57%
28%
30
49%
02%
23%
19%
26
40%
22%
44%
7%
84%
1115
115%
54%
93%
x66%
x96
140%
33%
5278
97%
678
58%
"277B
52
20
41%
160% *158 xl56
159 x
85% 87% 87% 85% 88% 88%
159
3
50
11
3%
8
59%
13%
t59
*35
72% 72"
56% £3%
76%
70%
4
3
3%
3
54
59
10%
11%
25
25
75% x73%
56
51%
45
Manhattan
Mnr'tta&Cin. lstpf
2d pf
do
7%
52%
112%
*8%
56
25
76% x73%
62% 61
50
45
4%
78% x75%
1)
79
78% 82% 78% 74%
Michigan Central
14% 13% 18% 15
11% 15% 15
Mo. Kans. & Texas
9
11
Mobile & Ohio
"86% 87
x86% 93
92% 02
Morris St Essex
x90%
Nashv. Cliatt. dt St. I..
35% 45% 40% 40
42%
"2%
«2%
4
2
N. Jersey Southern
2%
3
2
N. Y. Cent. & Hud. R. 117% 117% 120% 119 78Xll778 121%xll8%
New York Elevated
195
181
200
183
196
{129
U31%
160
166 *164 X163
171 * tl64
N. Y. N. H. & Hartf'rd *160
14% 14% 16% 15% 13% 15% 1378
Ohio & Mississippi ...
38
do
pref.
37% 40% 39% 35% 39
36
Panama
xl36
139
150
148% 146
149%
112% tll2%xl08% 110% 1*09%
Pittsb.Ft.W.&C.guar. *107% 108
•92
"100
special.
•101
do
100
100
ibi" 105=4
xl00% 105% xlOl
Renasel'rA Saratoga. 101
Rome Wat.& Osdens.
13% 18
18
St. L. Alton AT. II..
8
8
8% 12% til
8
do
prcf.
t20
tl9%
18% 21
18% 18%
.
INVESTMENT SECURITIES.
The transactions in Government bonds were smaller in consequence of the influences above referred to. At the close of the
month, however, there were signs of a more active business at
higher prices, and one of the causes for this was fonnd in the
London reports of a bare market there and a growing demand
for United States securities. Eailroad bonds and investment
stocks were strongly held and the volume of business was fair.
*"
i'I.usin.,
PTttCBB
nr i:ovi.kn\!k\t Ntcrmmas
(Is
%s,
4s,
1881. 1881. 1891. llt.17 Cur..
coup. coup. eonp. oottp, 1898.
08,
Of,
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
I
8.
106% 102% 123%
20..
21
102 7*
I02*a
22
28
103%
..
107% 103=h 106
.
107=!.
2ft
.
16.. KiT--.
103%
102%
107% 103%
I02*a
102*8
107% 103%
102%
102%
107*2 103 "8
102=8
5
102%
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
Ex
Boll
21
108%il(>5%
-"J
8.
108% 108% 108
'.'7
x 10ft% 108% Kift
•171;, 108% 108% 105
•.'7:,,-.
108*4 l(W% lot-BTfw 109% nii% • 037,
B7»u too*, Ills', 104
'•'7-,,
;
8.
coupon.
103
1(13% 100% 103
123
103% ior>% 102'f
123
103% 106% 10278 123
108% nil
104
mi
UWe
8?
8
1
...I
.
97%
.
97%
97 = 16
9711,6
..I
.
9711,6
Opening.
.
Highest..
.
Lowest
Closing
8.
20%
20%
10%
24%
72%
9%
Francisco.
pref.
pref.
23%
10%
29% t27%
30% 28%
17% 15
45% 41%
11%
12% 11%
22
26
19%
14%
40
9%
23
13%
38
778
9
28%
28%
17%
46%
10%
11%
23%
28%
28%
17%
45%
9%
11%
22
71% 75% *73% 74
79
x76%
New Jersey.. *139% 140% 144
142% 142% *142
33% 32% 39% 3778 35% 38
36%
Tr.i.iioisu'H.
American District
58
58
72% 68 78 64
69% 65
Atlantie&Pacinc....
33
32% 427„" 41
35% 4078 37
*80
*80
82
Gold & Stock
80
80
80
10278 114% 114% x91
103
Western Union
116
x93
.
.
104%
104%
105% 108 H 104%
loo
108% 104 %
100% 108=8 104=8
100% 108 78l01»8
S.
100% 108 78 104%
97=,8-|l05=8 108*4 10ft%
97tl, 106% 108-., 10ft%
'037,
971=, o 105% 108
•04%
9711,6 106%
997 1S 100% 110
Lowest
...
93% ;io5%;io6%
-108
49%
American
United 8tatoa
Wells,
Fargo & Co....
105%
loi
48
100
Coal and Mining.
xl06% 110 *xl07« 105
10778 105%
47
50
48
x46% 49 78 x*46%
X45
48% *x46% 46% 48% 47
100% *97
97
99
100% 100
33%
American Coal
23
Consolidation Coal..
ilomrstuke Mining
Maryland Coal
Pennsylvania Coal
Spring Mountain
..
. .
Mariposa Land
do
A M.
x32%
n'3'3",
"*6%
10
23
38
10
"66"
'56'
32%
6%
6%
t23
33
*138
*6%
Ontario Silver Miu'g.
Quicksilver Mining
*40
*14
•37
2979
36
29
46
132%
31
46
45%
45%
50%
50%
13%
13%
15'a
15%
82
85
478
4%
do
pref.
Standard Cons. Min'g
Various.
Canton
Cent. N.J. L'd A Imp
Del. A Hudson Canal
N. Y. Life A Trust Co
Pacific Mail
Pullman Palace Car..
Sutro Tunnel Co
•
Prices bid.
t
4%
38%
14
4%
Prices asked.
20
36
10
142
"5'"
"6%
8
prof.
i;
BlncoJau.l
Hlgli.
Adams
.
10.8%
105% IOS'4
97 '4
.
1037e
101
105%
971, 6
I
27
28
29
80
4s of
1891 1907.
971,
10ft% 108
96lJ, a 105% 108
I
973,,.
S.
20%
20%
15%
42%
Wabash
4%s
5«of
*sll 1881. of
June.
ll;l\
108%
106% 108%
So.
United
SECURITIES AT LONDON IN JUNE.
20
108
102',
103%
1.,,
•J
100*4
102Tb
102 7.
106
103% 100
•S
100% 108=8103% 28
97ll,8 108% 108%! 105
!>.-.:(,
»77 1(>
J ft
L08% loft
977,, 105% 108*5 108
20
971, „
97»li
Bffii
A
do
do
1st
Union Pacific
s.
CIOS. 107=8
U. 8.
8.
97*,*' 10ft =8
&
do
assented
Kans. C. & No.
pref.
do
•Express.
58 of
48 of
of
1881. 1891. 1907.
I
June.
St. L.
St. L.
Open 107% 103% c06% 10278 x23%
High 107=8 103% 106% 103 123%
Low. 107=8 103=s 105% 102% 123
102=8
103%
107%
Iran Mt.
St. L.
102%
108%
108%
.
102%
108%
1
1.
2.
8.
4.
5.
6.
7.
8.
27
28.
29
30.
.
102=8'
8.
.
24..
107%
CLOSING PRICES OF CONSOLS AND
•
5i
1!).
...
*00% 102 7«
103% 100% 103
107%
IN .KM-:. 1871).
1%-,
4s,
68
1881, 1881. 1891 1907, Cur.,
coup. coup. coup. coup. 1*08.
68,
i
.
39%
*7
"39
1778
'14%
8
34%
4
38%
14%
36%
34% x29
•44
33%
22
39%
14%
155
x»37
*13
*150
toO
7% •4%
7% *4%
39% 38%
16
38%
35
x31%
35
44
*38%
15
15
•15
45
51%
366
14%
82
4%
366
18%
82%
4%
48%
'365
15%
82%
4%
Ex-privilege.
FOREIGN EXCHANGE.
The exchange market was quite strong till about the 20th of
the month, and some shipments of specie were made. But
:
Jul?
1
.
.
THE CHRONICLE.
5, 1879.]
towards the close the indications of a new demand in London for
securities caused a decline in prices.
American
Current Liabilities—
Interest due snd unpaid
Debt on which Interest has ceased
I
BANKERS' BTEKLINO EXCHANGE FOB JUNE, 1879.
Demand.
60 days.
June.
1
17 ... 4-87>a®4-88
18... 4-87ia 9 1-88
... 4-87>a»4-88
... t -871 1*4-88
... 4-87i4®4-88
8..
...
19
20
21
"2
23
24
25
20
27
28
89
30
4-87f(i®4-88 12 l-SSM.K, t-90
6... 4-873lH>l-8S>2 [•S'.l',„ I'M
7... 4-87%®4-88 1£ 4-89>43>4-90
8
^7 «>4-88is i-sbuai-oo
9 ...
10... 4-87%« I'S-i.
11 ... 4-87 1234-83
rs:i'...ai-90
l-89i;j®4-90
12 ... 4-87ia®4-83
!-s!|i.j®4-90
13... 4-87 1-2 a-l-88
14 ... 4-87ifi»4-88 4-89i2®4-90
;
1
i
15
Demand.
60 days.
June.
2... 4-87a»®4-88H> 4-89i4®4-90
3... 4-874»®4-88»2 4-89M®4-90
4... 4-87%»4-88>2 I-S9' i*4-90
5
.
...
.
.
.
.
...
...
91-86>* 4"88"®4-88'i
S..
4-89i2®4-96"
16... 4-87i2®l.-88
Available Assets—
Csshln ihe Treasury
Range 4-86 ®4-88i 3 |4-88
THE DEBT STATEMENT FOR JUNE,
®4-90
83U,'.U,5;7
Honda laaued
*SW,IM,577
to the Paclllc Ititllroittl Companies, lutereat
Payable In Lawlul .Honey.
Interest
187!).
the official statement of the public debt as
appears from the books and Treasurer's returns at the close of
business on the last day of June, 1879
I
I
Central Pacific
$2->,MS,120 $16, '61,57.- $2.;71,4l»
n.sns.ouu
4,l27..',a3
2,821,9,'
27.216,512
i:.603/Jr2
7,325.16'!
1,6!K),(K)0,
1, 111,808
73.112
1,970.560
l,13«,'97
9,367
1,62S,:«0|
1,024,651
• l,7rl
Kansas Pacific
Union Pacific
Central Branch, Union Pacific.
Western Pacific
Sioux City and Pacific
Character of Issue.
Bonds Outstanding.
Periods
Registered.
33
Seof 1958
June
06 of 1681
Feb.
8,
1974
1S80
March
2,
H81
Oregon War..
6s,
6s of 1881
6s of 1881
.Inly&A..
Funded Loan,
4#s,
4'b,
3s,
1881
July
14,
18<H July 14,
1907 Julv 14,
do.
do.
4s,
1881
1881
1904
1887
1883
1881
1891
March 8,
March 3,
March 3,
March 3,
Bs,1040's
6s, 5-20sof IS67..
6s, 5-aOs of 1868.
6s.
14,
refng certificates Feb.
navy pens'n f'd,'o8 July
& J.
& J.
& J.
& J.
& J.
M. & S.»
J. * J.
J.
19t7
&,
#4
Coupon.
56 -8i,'5li
S6 9 7,1.336
2,851,45ii
7,04-1,600
56,491.200
1S,617.«60
42.145,800
4.2SHM5"
H.056,950
Q.— F.
2-4.938.400
165.91',75C
Q.-J.
419,280,5'JU
213,5 il.95i)
81.089,850
247,719,400
l,15!>,t)59.<)E0
$715,208,!>50
12,648,210
14,00(1/ 00
The sizes or denominations of each issue of bonds are as follows: (a) Coupon,
Jl.OOO; registered ?5,0W. (6) coupon *1,000; registered *1,000, $5,000. $10 001)'
(c) $50, $100 and $500.
(d) coupon, $50, $100, $300 and $1,000; registered, same
and also $5,00 and $10,000.
On the above issues of bonds there is a total of J4.897.611 of interest overdue
and not yet called for. The total current accrued interest to date is $2 ),8U,8H.
)
* Coupons of $50 and $100 bonds are paid annually in March.
tlnterest-bearln.' debt.
$1101716 110
Less amount of called bonds, not matured, for which 4 per cent '
bonds have been issued, and for the redemption of which thin
amount of cash is on deposit in the various national bank
depositories
104,072,410
$1,79 ; 643 700
Debt on Which Interest Has Ceased Since maturity.
a total amount of over-due debt yet outstanding, which has never
Been presented for p-iyment, of $37,01 --,130 principal and $2.063,76 i interest
Of
this amount, $36,2a7,25 J is on the " called'' five-twenties and consols.
is
diatoms
Domestic.
Baltimore, Md
Boston, &c, Mass
Brazos, Texas
Buffalo Creek, N. Y
Cape Vincent. N. Y
Chaniplain, N. Y
Charleston, 8. C
Chicago, Ills
Corpus
Christi,
$1,006,30-,, 84,680,646
3,83y,02:i
4,822,250
,
67,474
108,271
37,140
,
2,7-JS
19,663
20,188
130.K20
Texas
Mich
Galveston, Texas
Huron, Mich
Detroit,
564
Minnesota, Minn
Mobile, Ala
New Bedford, Mass
New Orleans, La
New York, N. Y
Niagara, N. Y
Norfolk, &c, Va
Oswcgatchie, N. Y
Oswego, N. Y
Paso del Norte (Tex.)dt
Me
Passamaquoddy,
Old demand notes
Fractional currency..
Gold
.
certificates
. .
.
February
23,
U78
Aggregate of debt bearing no interest
!>,,
I'll !_*>_
j,,M
Unclaimed
b
July 17, I8il; Feb. 12. If 63
'Feb. 25. 1869; July 11, 1862: Mar's' 1863°
luneH. 1872
July 17, 18K2; Mar. 3, 1863; June30,'i86;
March 3, 1863
I
Legal-tender notes
Silver certificates
Au.ount.
I'
1
:l
-,
i:
Pacific
.
.
!
.
.
KR
J61.470
3'6.ti8l,01B
SO/tfu/fO
15,812,605
15.413.7'
2.45- ,95
New Mexico
Peusacola, Fla
Philadelphia, Pa
Portland, etc., Me
Puget's Sound, W. Ter
85,145
58,910
17,2
51,654
1,018
401,481
24,244,458
180,712
3,746
85,056
299.703
19,060
53,323
8,432
2,465,508
$1,952
San Francisco, Cal
Savannah, Ga
Vermont, Vt
I
[
Foreign.
$5,330
49.866
45,498
547
8,234
11,086
356
30,978
732,575
19,941
29.1"
1,573
107,97"fi
:o.:i7i
14,277
38,283
139,487
4,726,542
83,627
20,899
12,572
777
85,546
2,868
59,651
078,610
100,000
117.564
320,303
4,923
270,653
Wilmington, N. C
All other districts
1.022,022
21,995
$35,314.698 $51,278, 122l$l,068,725
imports
and exports of the United
States for the month ending May
and for
31, 1879,
the eleven and twelve months ending the same, compared with
like data for the corresponding periods of the year immediately
Below are
the
preceding.
[Corrected to June 28, 1679.1
MERCHANDISE.
For tho
Interest.
—
month
of
May.
For
the 11 For tiio 12
months end- months end-
ed
May 31.
cdMay31.
1879.— Exports— Domestic
$51,278,122 $653,951,723 $600,61 8,933
Foreign
1.068,725
12.451,012
11,384,224
Total
$52,3 16. SI $665,335,947 $712,076,815
Imports
35,341,698 40li.S54.661 442 .3 60.94 9
Excess of exports over imports $17,002,140 $258,481,280 $269,709,896
Excess of imports over exports
.
Interist-bearinq Debt
at 6 per cent
at 5 per cent
$110,932,500
1)46.905,500
250,1100.000
61)7,0-9,900
12,P48,alt
14.0 0.01
'. '. .'.'
at 4)f per cent
at 4 per cent
Refunding Certificates at 4 per cent
Navy pension fund at 3 per cent
Debt on which Int. has ceased since"Maturity"
Debt bearing no Interest —
Old demand and legal tender notes..
Certificates of deposit
I,901,716.:i0
87,013,6,10
|2»,7ie,96S
2,066,7 6»
$346,742,43'
SO.W.OO
*.'.".'.''.'.''.
silver certificates.!.....'.'.
Exports
Total
15.942/05
'.'
....
.......
GOIJ)
AND
.''''.'.'.'."'.'.'.'
Kit. interest
1 Old ........... ,..,, .....
49 '"lly ^K'r if Q
$30. 792,851
Total debt, principal „„d Interest/to 'date,
including interest 'due
not presented for payment.
80. 3)9.' 33
{2.?
Total cash in Treasury
353 152,5'i7
I
I,
1879
1879.'.'!
Increase of debt during the past month
Decrease of debt since June SO, 1878
AND BULLION).
$15,014,747
6.942.957
Total
$2,492,5561 $21,057,704
18.719.261
Imports
1,610.673
$3,238,4 13
Excess of exports over import*!
$881,883]
Excess of imports over exports
Foreign
4110,83-5,741
8.6-.1
1,
SII.VKK (COIN
17,8SO,bili
1879.— Export s- -Domcstic
Total debt beaiing no interest.
Debt, less cash in the Treasury, July
Debt, less cash in the Treasury, Juue
—Domestio .... $53,409,463
f635.042.058 $677,042,675
1,357.131
13,088,8 10
13.988.112
$54,766,504 $648,130,868 $691 ,030.787
35,223.057 401.545.211 I 19.1 70.848
Imports
Excess of exports over imports $19,543,53; f216.5S5.621 $2 11,859,939
Excess of imports over ex]K>rts
1678.-
Foreign
Total interest-bearing debt
Unclaimed P.cific
1879.
39,803
99,025
681,369
291,213
78,909
126.170
132,137
1,916,893
1.1H
Amount
Gold and
177.691
49,5511
55.285
8,480
4.102
1,187,889
Exports and Imports.
Outstanding.
Fractional currency
*-.•).
8/17
Recapitulation.
Bonds
Binds
Bonds
Bonds
i/i'i.s.:,
l,l.'6^30
934.K08
31!),7»9
3,650,400
26,115,374
1,987
338,596
497
Richmond, Va
Balmia, Texas
$410,835,711
M.
intere-t
103,277
12,392
9,313
128,046
531,989
1«5,«!M»
Total
Certificates of deposit.
t.Wi.tU
io,t7un
BauwU.
Imports.
Districts.
Debt Bearing: no Interest.
Authorizing Acts.
8.
{:-.i-'.iM
United States during the month of May, 1879:
Key West, Fla
tll.901,718,110
Actual interest bearing debt
in. |.nld
br U.
The following is a statement showing, by customs districts,
the values of merchandise imported into and exported from tht*
4,3(1.000
Q-M.
S3, '6S
I
Statistics.l
',0OO
132,8?(U50
3.
\>:w,.i\:.'
IMPORTS AND EXPORTS FOR MAY,
945/iflO
2«, '79
Character of Issue.
»4I.77:f.-<5
r
14,O9a,0O0
Aggregate of in terest b earing debt
There
$64.62-1.512
Balance of
Pacific Railroad bonds are all Issned tinder the acts of July 1. 1862, and
July 2, 1861; they are registered bonds lu the denominations of $1,00'. (5,000
and $10,000; bear 6 per cent interest in currency, payjblc January 1 and July 1
and mature 30 vears from their date.
fPropared by the Bureau of
Intorest-beariiu; debt.
Interest
Inte cat
1
Amount
paid by
repdd by
Outstaud'g. United Si's Ir'nspTn.
Character of Issue.
The
is
Anth'rlzing
Act.
3.STB.M4
ioi.o7*.«io
148,4:3,663
.
Total
The following
17.8<!0,6o0
30.970.' 00
'
l-Hil'.lu l-!K)
4-803i3>4-87H, |-K«:tia. I-S91.J
l-KS'ia ISO
L-86<4»4-87
l-so
4-88 94-88
a 1-87
4-86 ®4-87 4-88 ®4-89
4-86
»/J««.7»S
Gold and silver certificates
......
United States notes held for redemption of certificates it deposit
United Stales notes held for redemption of fractional correnry
Culled bonds not malurtdfor wb ch4 p c. bonds nave been issued
Cash balance available Juy 1, 187»
IK!) i'*4-90
1-801*8 L-90
4-89i4'*4-90
8..
...
s7.0lt.U0
]
4-87i4®4-88
('80 'l *I-90
4-8U%a, I-87'.j 4'88Vtf- ISO's
.
$i.'»-,sxl
........ .........
thereon
4-89>aS4-90
8..
...
iitt-rc-Hi
J2.027 2 7 25.
'027. l'2,4f.8
$24.78-
'.'.
>,f,79,575
$2,055,576
436.980
. .
.
I
I
1878.— Exports— Domestic
Foreign
Total
Imports
Exeess of exports over imports
Excess of imports over exj)oi-ts
$2,680,248
463,8351
$30,017,891
7.107.774
837,153,665
29.911,764
$7,243,901
81,872,63U|
$24,498,261
5.739.636
$30,237,8 '7
88,885.258
—
.
THE CHRONICLE.
6
TOT VI.
ill
!:•
IliM.W. AMI SPECIE.
of
Mil.
1879.— Exports— Dom-siic
foreign
33.098
.
"n".
.
Total
.>
Import*
limn
Kuowut
$21'.
1
7
tendency towards ease, the best three months' bills being
taken at \\i per cent, against 1% per cent a short time back.
Trade is very quiet, and there are but few mercantile bills in
circulation. The total of "other securities" at the Bank con-
19,729 $274,991,511
Import* over export!
$36,008,711 $659,540,319 $707,090,560
21.005.88)1
18.828.440
M> 19,07 $078,308,705 $728,1 80.452
Iiu'iort*
37.308,225 429.U10.302 171I.IW2.I11 2
exports over Imports 1*20.41 1.152 248,408,263 $249,103,840
JJxcc*auf Imports over export*
233,785 at the
cumulate at the Bank, the supply having risen from £33,678,000
on May 7 to £34,250,608, while the total reserve during the same
time has been increased from £1 9,244,371 to £20,612,648. The proportion of reserve to liabilities, which was 51'05 per cent early in
May, is now 56"14 per cent and notwithstanding this improve-
Bawof
UNITED STATES TREASURY STATEMENT.
following statement from the
office
;
of the Treasurer for
ment there is every indication that a further increase of resources
It has often been said that the sumwill become apparent.
mer of 1879 was to characterize in its main features, as far as
money and trade were concerned, that of 1876. In that year,
as is well known, the money market assumed an appearance
was issued this week.
It is based upon the actual
returns from Assistant Treasurers, depositaries and superintendents of mints and assay offices
1
:
II VIIM.1TIES.
Fund
for
JULT
redemption of certificates of
1.
de|Kislt,
June
8,
ls72
PB*t-or)l<c
Department account
Disbursing officer*' balance*
Fund for redemption of noteeof national hank* " failed,"
"In llqnldiittou," and • reducing eirrtilation"
Undistributed asset* of failed national banks
Five |ht rent fund for redemption of national bank
DOte*
Fund for redemption of national bank gold notes
Currency and minor-coin redemption account
Fractional silver-coin rceniptiou account
Interest account
Interest account, Pacific Railroads and I-. <fc I*. Canal
and it is now only £19,075,667 against £21,commencement of May. Gold also continues to ac-
tinues to diminish,
.
Total
The
rise
i
1878.— Export*— Domestic
Foreign
—
in value, and although an improvement did take
arguments in favor of renewed ease remained in
force, and the market has now again relapsed into that quiet
condition which was expected to characterize it during the
*i;i:-.<m;i',.I7<i ^Tl7.l!>T.:to
This week, in fact, there has been a marked
1-,327.181|
20,333,473 summer months.
would
tlic
54,839, ni.i $oV7,293,05l *7:t7.:>:»>,777
30,955.371 .12.-1.573.1122 402.530.200
of export*, over Import*
[Vol. XXIX.
place, the
11 For the 12
month* end. month* endMay
31.
edMuy 81.
ed
Knr
For the
month
K\|«prti mill Imports.
July
—
$30,805,000 00
2,649,850 77
18,243,115 20
which could only indicate that the greatest contraction in busiwas possible had taken place, and it has been often
11,374,401 25 quoted that the supply of bullion held by the Bank amounted
009,788 15 to
£35,017,529, and the reserve of notes and coin to £22,246,069,
13,320.572 79 making the proportion of reserve to liabilities on the 20th of
221,660
5,540
467*203
47,107
ness which
00
22
September, 63-11 per cent.
Trade, at the present time, exhibits some improvement, though it is still greatly wanting in
activity, and it is regarded therefore as possible that between
Co
3,090 00
Treasurer r. s.. scent forpaylng Interest on D. C. bonds.
102,273 63 the present time and the end of September the state of the
Treasurer's transfer checks outstanding
7,273,899 54 Bank account will advance to a position of strength similar to
Treasurer'* genera] account—
Special rand for redemption of fracthat which was attained in 1876. On the 21st of June, 1876,
tional currency
$8,375,934 00
the supply of gold was barely £29,500,000, while the reserve of
Interest due and unpaid
21,025,377 29
Culled bonds and interest
39,082,398 53
notes and coin was £17,474,443. The proportion of reserve to
-Coin certificates
17,880,650 00
liabilities was 55 73 per cent, and as it is at the present time
Refunding certificates
12.8 18,210 00
Balance, including bullion fund
287,305,785 72
56'14 per cent, there is now a larger relative proportion of
380,518,355 54
It is to be hoped,
however, that
strength than in 1876.
$171,703,095 20
some stimulus will be given soon to enterprise of some
ASSETS, JULY 1.
tiold coin and bullion
$135,230,471
kind, both commercial and financial. There is certainly an
Standard silver dollars
28,147,351
improvement in some quarters, but we nurse the fondling much
BUTer coin
8.9IW.101
Silver bullion
6,092,363
and make the most of it. Politicians, statisticians, bankers
Gold certificates
liw.sso
Silver certificates
2,052,470
and merchants say that there are all the elements necessary
United Btatesniotes
00,015,909
to form a good trade, viz., cheap money, cheap food, and ample
V. B, notes (sped*! fund for redemption of fractional
currency)
8,375,934
supplies of labor but there is one thing wanting confidence ;
National bank notes
8,137,561
National hank gold notes
and, it may be added, better regulated tariffs. Perhaps, also,
149,140
Fractional currency
116.409
a change to settled weather would give some stimulus to genDeposits held by national bank depositaries
201,402,800
Deposit* held by U. S. designated depositaries
283,030
eral enterprise. Of late a good deal of rain has fallen, and the
Nickel and minor coin
1,541.880
New York anil San Francisco exchange
farmers are complaining more than usual. It must neverthe808,500
One and two-year notes. Ac
130
less be admitted by the most discontented farmer that six
Redeemed certificates of deposit. June 8, 1872
1,450,000
Quarterly Interest checks and coin coupons paid
102,015
weeks ago his crops were very backward, and the country was
tered and unclaimed interest paid
510,417
apprehensive that there would be a very late harvest. This
rj.ll. bond* and Interest
2,443,393
Interest on District of Columbia bonds
1
would have been very unsatisfactory, as a late harvest is greatly to
'..
Pacific Railroad interest paid
21,035
••speaker's certificate*
22.351
the disadvantage of the agricultural midland counties, and those
Deficit*, unavailable fund*
690,848
further north. It cannot be said that the weather during the
$471,703,695 26 last six weeks has not been forcing. Vegetation has made very
rapid progress, and it is yet possible that the old agricultural
proverb that a " dripping June brings all things in tune" will
verify itself. The crop of wheat will not be a large one, but
RATES OF EXCHANGE AT LONDON AND ON LONDON should July and August be propitious, we shall have a very
AT LATEST DATES,
•
fair general yield of agricultural produce.
And it must be
EXCHANGE AT LONDON—
borne in mind that if, as undoubtedly it is, this weather is
EXCHANGE ON LONDON.
Junk 20.
favorable to roots, grasses and pastures, the country is to be
Latest
Time.
OxRate.
Time.
Rate.
Date.
congratulated, as we can always depend upon an excellent
Amsterdam Short. 120% »12-1»* Juno 19 Short.
supply of wheat from abroad at a moderate price, while
12-03
Amsterdam 8 mm. 12-3>4
12 '8%
"
meat is much more difficult to obtain.
Large crops
Antwerp
2.V42>a»25'47<-2 June 19 Short.
25-28
Paris
Short. 25-25 925-35
June 19 Cueq's
25-26
of roots and grasses are of vast importance to us, as they
Pari*
3 mos. 25-40 3.25-45
Berlin
20-57 920-61
enable the graziers to send their animals to market in sounder
June 19 Short.
20-15
Frankfort
20-56 920-00
June 19
20-45
'*
and heavier condition. Undoubtedly, the weather will now be
Hamburg
20-56 a 211-00
'
June
20-45
19
*'
Bt .Petcrsb'rg
231432338
June 17
23U la
the great regulating power, but it must be admitted that it
44
H-82"aSll-87Hj June 19
110-20
44
Madrid
u
presents by no means a settled appearance.
40»a &47
June 17
47-83
44
Cadiz
47 947 U
The demand for money during the week has been decidedly
44
Genoa
2795
•28*00
June 19 3 mos.
27-50
44
Naples
J7 95 a 28-00
June 19
27-50
quieter, and the rates of discount are easier at the following
Milan
tt
27-95 928-00
June 19
27-50
in
quotations
B0 dam
513,352
Bombay
OOdays
1*. 7-s.l.
June 20
Is. 85 1(1 d.
Per cent. Open-market rates
Per cent.
14
Calcutta
1*. 7'»d.
Juno 20
Hank rate
Is. 85i«d.
4 months' bank bills
l^ail&a
New Virk...
J'UIO 20 OOdnvs
•1-SM
Open-market rates
mouths' bank bills
1%91 78
Alexandria!.
June 17 3 mos.
97'..
30 and 00 days' bills
lHTf
4 & 6 months' trade bills. 2 92><i
< onatan'ple..
Juno 17
109-56
3
months'
bills
1 Via
IlolU' Kong .
....
June 19 6 mos.
3s. ll'id.
Hhalgllll
June 18
The rates of interest allowed by the joint-stock banks and
Be. 2»4il.
discount houses for deposits are subjoined
(From our own correspondent.
15
00
-
-
•
—
;
,
1
.
<i
.
:
-
.
:
Losdon, Saturday, June 21, 1879.
Although some were of opinion a few weeks ago that money
Per cent.
Joint-stock hanks
Discount houses at call
do
with 7 and 14 days' notice of withdrawal
1
1
IJ4
.
juxy
:
THE CHRONICLE
1870. J
5,
Annexed
Bank
:
a statement showing the present position of the
is
Bank
of England, the
rate of discount, the price of con-
the average quotation for English wheat, the price of
Middling Upland cotton, of No. 48 mule twist, fair second quality,
and the Rankers' Clearing House Return, compared with the
three previous years
sols,
hank
*
~-S,
Hunk
2
rate
1870.
*
*
27,300.710
8,532,991
22,524,808
11,825,690
27,003,325
8,183,081
21,888,742
15.214,859
18,444,770
14,209,534
23,918,235
20,015,824
29,480,613
44>4
46-93
55-73
2 p. c.
913e
47s. lid.
27,1(10.301
28,938.713
7,570.209
Public deposits
28,834,514
Other deposits
GovernmM securities. 14,078.635
19,075,007
Other securities
Uc-s'M- Of notes 4 colli 20,012,048
Coin liud laiilioii in
both departments.. 84,250,908
Proportion of reserve
to liabilities
56-14
post bills
Consols
1877.
1878.
1879.
Circulation, including
7,470,884
21,405,815
10,207,091
l-i.705.934
3
2>a p.
p. e.
c.
\:r,'_>
xliT'i
14. fill.
:m
10,901,002
17,474,443
p. c.
94'4
64s. Id.
47s. lOd.
51s. 4d.
Eng. wheat, av. price.
0*4 d.
64d.
6*8*.
03, „d.
Mid. Upland cotton...
KM.
lid.
lod.
9»ad.
So. 40 mule twist ....
Cloariug-Housereturul01,090,000 120,392,000 106,134,000 95,095,000
Therev has been scarcely any demand for gold for export
during the week, and the supply of bullion held by the Rank
continues therefore to accumulate. In the silver market there
has been decidedly less buoyancy. The future is still involved
in some uncertainty, it being possible that Germany may again
be tempted to sell ; hence, numerous realizations have taken
place, and there has been a decline in fine bars from 52%d. to
52d. per ounce. Mexican dollars have been as high as 52%d., but
have since declined to 52d. The following prices of bullion are
from Messrs. Pixley
& Abell's
circular
:
gold
Bar
Bar
Spanish doubloons
Bouth American doubloons
United States gold coin.
German
gold coin
d.
s.
77
77
73
73
76
76
per oz. standard.
per oz. standard.
peroz.
per oz.
peroz.
peroz.
gold, fine
gold, retinable
9
s.
d.
®
lO^fo
9 -S
8*2®
3^a>
3^9
silver.
d.
peroz. standard, nearest. 52
peroz. standard. 52%
grs. gold
peroz. 52
per oz., Inst price. 52*4
Chilian dollars..'
Discount, 3 per cent.
Quicksilver, «6.
Bar silver, fine
Bar silver, contain'g 5
Mexican dollars
appears that the number of insolvencies under the act of 1868,.
which steadily increased from 5,002 in 1870, had reached 9,533
in 1877, rose
more rapidly to 11,450 in 1878. It is again
number of compositions in which a consider-
still
noticed that the
percentage of the liabilities is realized, continues to
and thus a very unfavorable comparison is made with
the position of affairs prior to the passing of the present act.
The reason for this is said to be that the majority of creditors
at a meeting is frequently represented by an agent, who has
obtained the requisite number of proxies in order to secure for
himself the profits to be derived from winding up an estate
for which the debtor could offer a good composition. Bnt the
agent refuses any offered settlement, because if he were to
accept it, he would lose considerable. The bad character of
able
decrease,
many insolvencies is shown by the fact that nearly one-half of
the compounding debtors paid compositions not exceeding
2s. 6d., and probably not averaging Is. 6d., in the pound.
The
chief increase this year has been in the number of insolvents,
who, without any reference to the state of trade, have found
means to get rid of their debts, practically by payment of certain professional charges.
all assets,
amount
on consumers, as
to about
The total losses, after allowing for
£ 25,000,000, a somewhat heavy tax
does not include the losses from Scotch or
deceased insolvents,
or the multitude of small cases which are not dealt with nnder
the present bankruptcy law. Two radical defects in the present
system are pointed out viz., the heavy and unnecessary nature
of the law costs and the risks connected with professional trustees.
The chief danger of the latter Ls due to the trustees too
commonly constituting themselves bankers, and employing for
their own benefit so much of the funds in their custody as willnot be required for some time. So long as the amount of a
it
Irish insolvencies, joint stock companies,
—
trustee's business continues,
d.
®
it
is
impossible to
know how
his
may go on from
year to year making payments on account of older matters from funds received on
-»
....
account of new, while, if he were called upon to produce the
funds for which he is accountable, he could not respond.
The following are the current rates of discount at the prinThe weather is still unsettled, but the trade for wheat is very
cipal foreign markets
quiet, and there has been no material change in prices. Good
Bank
Open
Bank
Open
dr/ English wheat is scarce and commands full terms ; and
market.
rate.
rate.
market.
Pr. ct.
Pr. ct.
Pr. ct.
Pr. ot.
is a steady inquiry for the better sorts of foreign prodl^fiJl'a Vienna & Trieste.
4 1 sH>4% there
2
Paris
4>a
affairs stand
®
®
;
he
'.
:
2*2
3ia
m>ai%
Hamburg..
3
3
Frankfort.
Leipzig
3
3
2'a,/234
2 4 Si'Jl"
2 1iffl2 12
Genoa
Geneva
4
Brussels
Amsterdam
Berlin
3
:i'
1
2 >«
a
:!>•_.
Petersburg ..
Madrid, Cadiz <fc
Barcelona
Lisbon & Oporto.
St.
.
New York
,7,23.1
Calcutta
3
3
Copenhagen
5
4
®4>2
4
4
-5)5
5
5
®6
ZHwb
7
4
® 4 *2
a/\^
4
nce.
The Board of Trade returns for May and the five months
ended 31st May were issued on Monday. The declared value
of our exports in the month has been £16,520,490, against
£16,165,075 in 1878 and £17,461,139 in 1877, The total for the
five months is £74,242,953, against £79,568,762 in 1878 and
£79,928,471 in 1877. The declared value of our imports in the
month was £27,667,653, against £31,028,768 in 1878 and £34,and in the five months £144,872,943, against
647,682 in 1877
£160,986,751 in 1878 and £165,638,033 in 1877.
The following figures relate to the five months ended 31st
The weekly sale of India Council Bills was held at the Rank of
England on Wednesday, and tenders on all Presidencies at Is.
8d. the rupee received about 78 per cent, and above in full.
The second series of wool sales for the year commenced on
the 6th May and terminated on Friday. The quantity catalogued comprised Sydney and Queensland, 66,288 bales Victoria, 90,182
South Australia, 37,290 Swan River, 6,651 Tas- May
;
;
mania, 8,560
;
New
;
Cape, 29,423 ; total 307,095
Messrs. Hoare and Hudson report " Of this quantity
bales.
about 16,000 bales were withdrawn, a portion of which, however, was re-offered or sold by private contract, and it is estimated that altogether about 30,000 bales are held over for
August sales. The series opened with a large attendance of
buyers from all parts and with a firm tone. March closing
prices are easily obtained for all merino qualities, with the
exception of heavy, greasy Adelaides, which were /£d. to Id.
per lb. lower. Cross-breds met with keen competition, at /£d. to
Id. per lb. advance.
Until 27th of May, when there was an interval of five days for Whitsuntide holidays, the market remained remarkably steady, the only material variation being in
the lower qualities of cross-breds, which declined %d. to Id. per
lb. Purchases were made freely for home, German and Belgium
consumption, but the French buyers acted somewhat cautiously.
On the 3d June buyers were more numerous and prices very
firm, and with an improved demand from France a livelier tone
was evinced. As the sales progressed there was a gradual and
general improvement, and, compared with the first portion of
the series, all merino Australian sorts, particularly good combing
flocks, advanced %&. to Id. per lb., in some cases more, ana
greasy cross-breds eventually sold freely at opening rates.
Cape scoured and fleeces also advanced to the extent of Id. to
1^2d. per lb. from the lowest point. Superfine Australian flocks,
although still seriously depressed, compared with last year's
high level, may be quoted slightly dearer than last February;
Zealand, 68,701
;
;
:
IMPORTS.
1879.
1878.
1877.
6,698,258
7,287,375
7,664,133
EXPORTS.
708.408
cwt.
639.343
623,682
Cotton
94,903.800
90.206,700 101,403,700
lb.
Cotton varn
Cotton piece goods.... ynrds.1,562,820.700 1,511,799.500 1,450,922,500
1.019,000
9 16,705
895.128
tons.
Iron and stec?.
7.639.200
8,428,800
lb.
8,249,623
Linen yarn
73,434.400
78.239.350
yards.
80,774,656
Linen piece goods
61,076,800
47,201,100
47,438,710
Jute manufactures.... yards.
,1,,491
701,898
*
009,445
Silk manufactures
2.145.57M
2,985,600
2,250,000
lb.
wool
British
38327,300
65,413,997
64.933.082
Colonial and foreign wool. lb.
12,029.500
11,057,400
lb.
9,810,100
Woolen yarn
16.298.400
10,023.200
16,928,100
yards.
Woolen cloths
78.828.,iK)
90311,800
yards.
89,382,500
stuffs
Worsted
»e2O2,00O
2,485,300
2,421,000
Hlank.-ts.fc blanketing.. yds.
3.472,000
2,714,000
2,972,400
vards.
Flannels
4,749.000
2,515,300
yards.
2,589,700
Carpets
The following were the quantities of cotton manufactured
cwt.
Cotton
piece goods exported in May, compared with the corresponding period in the two preceding years:
m
n
1
Holland
[.,"„,!"
::::.:
Portugal, Azores & Madeira.
..
Ttalv
Austrian Territories:
,;,-,
.. ..
e
March series, and all lambs also were in better demand at some- Turkey
what higher prices. It is estimated that 185,000 bales were E.'vot
:..:..::...
taken for export. The third series will probably commence in Wes Coast of Africa.
States
United
the first or second week in August, the present arrivals being:
Fore gi. West todies
Sydney and Queensland, 54,293 bales; Victoria, 66,051 Smih M,. x ?„
Australia, 14,956 Swan River, 770
Tasmania, 12,615
New United States of Colombia
;
;
;
Cape, 26,546— total, 235,602 bales.
the annual report of the Comptroller in Bankruptcy
.Zealand, 60,371
From
;
j(
(Nowtiranudn)
;
Brazil
it
uni^'iaV-v.'.".".'.'."..
...
::::::::::::
1877.
Yards.
5.312,900
4,204,800
5.341.200
6,453,600
4,898,200
8S5.30O
1.53S.6O0
10,134900
8,304,300
3,730,500
4,582,300
^.(toS'.OOO
3,015,400
8.339.400
15,808,900
li^geoo
1878.
Yanls.
5.939,800
3,645,700
5:939.000
6,383,500
5,545,100
"»"-K}»
2.512.100
23,045,800
£499.800
2.454.0(H)
2.404.7OO
B.084.800
1,409,000
„_
3.935.O0O
14.O53.000
i,36s,soo
1879.
Yards.
5,805,400
4,985.400
4,010.600
fg&gnn,
4.979.30O
• i'JfS'Jffi
2.612.400
18,868,800
8,011,300
1.6^2Lf«|
2,288,700
7,884,100.
1.140./0O
__,.
,<>.«».000
13.4o«.100
1,142,000
—
j
:
1
.
THE CHRONICLE.
187U
1877.
Yards.
Yards.
4.504.400
8.332.700
4.112.100
28.942.200
2,430.700
3.938.400
3.072.400
2,042.500
2,133,300
5.133.4(H)
Ar.-.-ntlnc Itcpululo
Chill
4.040,100
R.749,700
45.514.600
2.097.200
13.476.300
5,576.000
China and Hon* Kouff
Japan
Jar*
Philippine Islands
OlhnUlar
Malta
British North America
British Writ lu.lui Islands*
Guiana
Rnti-h PoaMMtoaa I" South
(378,300
[Vol. XXIX.
1879.
Yards.
3,4*5,500
3,074.800
958,600
37.H70.200
ft.50-l.300
1
Wheat
I
8.0O7.0O0
2.838,800
1,159,200
1,893,900
:.
mn-
751,961
22,776
306,081
34,297
7,810
39,659
20,611
728,371
44,791
84.438
21,990
26,348
423,789
33,934
84.761
18.471
18,958
206,521
70,2 15
12.1 12
1
1875-6.
1376-7.
19,; 17
401,570
Indian corn.
Flour
The
1,716,600
065,000
613,300
3.990.300
3,021,000
5.203,600
following statement shows the extent of our imports of
wheat and flour into the United Kingdom since harvest, viz.,
from September to May inclusive, together with the countries
1,110.300
1,413,700
2.302,300
whence those supplies were derived.
16.024,200
2.974.400
81,362,400
17.003.600
.'1,119.700
Africa
British Imlia -
WHKAT.
Bombay
ll.0j:l.7O0
58.379.300
6.200.700
2.106.200
2.40O.O(K)
11,498,200
23,702,900
12.OOO.20O
22.118,300
23,422,900
2,368.900
70.915,100
7.832.900
1,717.600
9,192,000
21,651.200
22U.537.300
97.792.100
73.0O0
KM
87,901.100
220,023.100
82,644,200
Madras
Beiural
.-tlaU«-.ltlclucnt»
Oaflm
Australia
Other countries
Total unbleached or blenched
Total prluti-d.dycd.or colored
Total mixed materials, cottoo
predominating
Total
2.712.3(H)
892.4(H)
632.3(H)
1,003,800
325. 222,100
271.700,700
303,731,400
1877-78.
1873-79.
From
Cwt.
Russia
7,062,860
United States.... 20,650,090
Brit V. America 1,760,196
Germany ...
3,337,627
9.092
Fiance
Chill
201 .072
Turkey A: Routn'a
156.817
356,968
Egypt
British India
598,755
Other countries.. 1.119,552
7,219,524
16,102,259
2,144,052
3,824,812
1,003,630
710,793
1,492,013
2,317,100
1,923,272
2,674,013
29,589,677
39,410,464
i
827,533
2,557.113
256,988
1,855,436
1876-77.
Cwt.
841,907
1,470,464
1,440.202
146,897
1,350,232
1875-76.
Cwt.
721,741
1,072,468
1,906,942
198,146
956,758
6,631,609
6,701,780
5,255,752
4,855,055
42,032.515
FLOCK.
1877-78.
33.202.519
Total
1373-79.
|i77.
Law mill
£
£
patent net
Hoal&rT or all sorts
Thread for seniuv
Other mnnnraetiireH,
92.003
74,394
1.061,303
Ihs.
1878.
80.142
71.254
1,170,020
1879.
117.900
73.033
1,040,267
,
iitietiu
lucrnted
£
Total valne of cotton tniinn
70,336
84,203
73,007
£
4.371 ,012
4.110.178
4,191.025
turcs
Cwt
Cwt
From
Germany
1.207,630
696,874
France
264,111
United States.... 3.919.632
Brit. N. America
202,153
(
>:
her countries.
1,601,78
Total...
1875-76.
1376-77.
Cwt.
6,244,314
12. 701,120
995,505
2,281,247
978,007
165,978
787,232
1,297,470
3,037,033
1,001,638
Cwt
5.985,594
22,625,400
2,813,602
5,145,110
61,103
182,596
192.383
182,089
3.651,821
912,226
Other manufacture* of cotton show as follows:
file
1877-8.
1,403,029
378-0.
cwt. 1,405,767
102,173
83,901
15,897
12.933
Barley
Oats.
Peas
Cwt
Annexed is a return showing the estimated value of the cereal
correspondence on the silver question has just
been laid before Parliament. The following is a letter from produce imported into the United Kingdom since harvest, viz.,
the Assistant Under Secretary of State for Foreign Affaire, from September to May inclusive:
1878-79.
1877-78.
1876-77.
1875-76.
dated June 5
Wheat
£17.375.461
£25.815,003 £17,110.216 £21,294,880
I am directed by the Marquis of Salisbury to state to you, for
Barley .•...
3,531.785
4,793,878
4,243.769
2,945,605
2,696,79
3.157,019
3,232,503
3,200,751
the information of Viscount Cranbrook, that His Lordship has Oats
562,143
445,552
429,827
520,601
received a despatch from Her Majesty's Ambassador at Berlin Beans
414,343
972,599
1,332,432
1,217,855
to the effect that the announcement in the Berlin papers that Indian corn.
6,618,822
8,151,031
7,931,622
6,751,237
6,126,601
5,299,700
4,564,730
3,903,405
the German Government have at last found out that they are Flour
themselves the losers by their sales of silver, and have, in conTotal
£36,382,457 £19,607,274 £38,945,104 £39,834,334
sequence, decided to suspend thorn, is true. The amount of
silver for sale on hand at the present moment is estimated at
English Market Ileports— Per Cable.
200 million of marks, or 10 million of pounds sterling, a sum
The daily closing quotations in the markets of London and
which will increase during the suspension of the sales. Lord
Odo Russell adds, it is generally believed by financial men in Liverpool for the past week, as reported by cable, are shown in
(•ermany that the German Government are preparing to intro- the following summary:
duce and adopt the "double standard," as in France.
London Monty and Stock Markrt. The bullion in the Bank
Some
official
:
.
.
.
—
Sir
Henry
writing to the Marquis of Salisbury on the
Elliot,
23d April, said :—
The sudden re-appearance of
of
England has increased £143,000 during the week.
Sat.
June
a circulating medium in
the ordinary transactions of life has been very striking to those
who have spent years in the country without seeing a single silver
florin pass from hand to hand, and I am told that, a3 in Scotland, where many persons prefer the greasy one-pound note to
the sovereign, the Austrian public prefers the paper to the
28.
Mon. Tue.s.
Wed. Thurs.
Fri.
June 30. July 1 July 2 July 3. July 4.
.
silver as
silver florin.
97Hi»
9711, 6
97H 18 97H 16 971 'in
lOO^ 106U 106H
108 78
109
109 *8
1043s
104%
104^
104%
2358
28%
90
at the
estimated that the following
quantities of wheat and flour have been placed upon the
British
season,
it is
markets since harvest:
18739.
Import* of. wheat, cwt. 37.085,035
Import- of Hour
7,065.116
1877-8.
1876-7.
1875-6
45,560,352
6,952,228
33.076 285
5,540,840
12.763830
29,713,200
31,513.000
32,272.200
«*»*»
Dj^Zj&M'-g****"
wheat and Hour
70,130,123
80.220.129
767,303
772,572
,
..
Hale*
of
homegrown
produce
38,619,200
1
1.517,900
AvKeofk^i,,.,
wrneat for the season.
«,«.<»«,»<
5,182,07
28 78
91
Oils
Bo's
39%
40M
40 k
81 ' 831 - 192
81 *™- 808
09 30 --817
40*. 6d.
51s. Id.
52s. 5d.
'
46s.
1 Id.
following figures show the imports and exports
of cereal
produce into and from the United Kingdom since
harvest, viz.
from the 1st of September to the close of last week,
compared
with the corresponding period in the three
previous years
Barley
OaU
Peas
Means
Indian corn
Flour
1878-9.
..CWt. 87,683,033
O.o 1,183
8,917.510
1.333.759
1.284,209
26,706,519
7.03>,16U
1877-8.
1876-7.
1875-6.
45,560,952
11,801,846
0,441.160
1,409.061
2.562.430
27.355.313
33,070,285
11,291,480
3,617.311
1,096.012
3.812.832
27.376.153
8,510,810
42.765,350
7,840,916
8,851,286
,
6.932. 22S
Sat.
Mon.
1.
*.
<f.
Tues.
rf.
s.
Liverpool Provisions Market.
».
—
Mon.
Sat.
rf.
8.
Pork, West. moss..#bbl.40
Bacon, long clear, cwt. .26
" ..27
Shortclear
Beef, pr. mess. $ tierce. 76
I.ard. prime West. $cwt.32
Cheese, Am. cb.new " 35
<i.
rf.
23
Wed.
s.
Pct'leum, spirits "
s.
8
5
8
7
5
7 5
9 2
9 5
8 10
9 4
5
8
9
5
8 10
4 2
4
4 2
3 11
3 11
Tucs.
Wed.
4
s.
4
2
d.
s.
9
Than.
d.
*.
d.
6>,4»
a>
..
..
9
....
9
d.
..
..
6»4»63s
7 97'a
26 6
27
76
32 6
34
Thurs.
rf.
6%a
9
Fri.
rf.
46
—
.
5
7 5
9 2
3 11
9
Fri.
d.
23
46
46
46
6 26 6 26 6 26 6
27
27
27
76
76
76
3
32 3 32 6 32 6
34
34
34
London Petroleum Market.
Sat.
Mon.
Tues.
Wed.
.
Thurs.
rf.
23
9 2
9 5
8 10
.
rcf. $) *nl.
....
—
Liverpool Breadstuff* Market.
Potioum,
20"4
Fri.
rf.
..
..
.
.
9
9
rf.
..
.
..
.
9
9
..
..
79,447,557
The
Wheat
20 "a
20H
Market.— Sae special report or cotton
d.
1,476,174
28%
90J-3
Flour (ex. State) $bhl.. 23
23
Wheat,spr'*.No.2,1001b. 8 4
8 4
Spring, No. 3...
"
7 5
7 5
"
Winter, West.,n.
9 2
9 2
"
Southern, new
9 5
9 5
"
Av.Cal. white
8 10
8 10
"
California club.
9 4
9 4
Coru,mix,3ft,old,^cenfl 4 2
4 2
"
Prime, new
3 11»a 3 11
Liverpool Cottm
10413
28 7g
quarters, against 92,000 quarters in 1878. Since harvest the
sales in the 150 principal markets have been 2,229,760
quar-
commencement of the
106 k
108 78
90 »a
Philadelphia A: Redding. 20
Without reckoning the supplies furnished ex-granary
9715 18
9715,„
103 78
During the week ended June 14, the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to 44,546 quarters, against 22,994 quarters last year;
and it is computed that in the whole kingdom they were 168,190
against 1,712,222 quarters, while in the whole kingdom
it is computed that they have been 8,919,000
quarters, against
6,857,000 quarters in the corresponding period of last season!
97"is
IO6I4
U. S. 4i«8 of 1891
U. S. 4sofl907
Erie, common stock
Illinois Central
Pennsylvania
ters,
52i«
98ti 8
98'is
52
Consols for money
Consols for account
U.S. 5s of 1881
1
,200. 1 6
1
8,640,427
20,661,293
3,132,079
©tfromevcial autl3#KtsceIXauccriis ^evus.
Imports and Exports for the Week.—The imports of last
week, compared with those of the preceding week, show
an increase in both dry goods and general merchandise.
The total imports were $5,319,994, against $4,179,943 the preceding week and $6,172,576 two weeks previous. The exports
for the week ended July 1 amounted to $6,273,083, against
week and $6,315,753 the previous week. The
following are the imports at New York for the week ending
(for dry goods) June 26 and for the week ending (for general
$6,836,094 last
merchandise) June 27:
:
July
.
1870.
T11K
1877.
WEEK
1878.
1879.
$1,024,600
7,894,282
$8,220,740
162,901,647
$3,077,512
139,369,588
05,319,994
148,222,039
$802,111
$-120,488
General indso...
2,684,431
Total week
$3,4 86,54 8
Prev. reported.. 153,498,947
9
I>J-
without re-issue
On
4,299394
following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
$78,706,813
f (2 135,698
1876.
$6,674,504
Prev. reported.. 120,290,609
1877.
1878.
$1,139,242
120,006,209
Statement of the Comptroller of the Currency, showing by
States the
uie amount or
of National Hank circulation item.-d,
itemed the
amounttof
of Legal- Fender notes deposited in the United States
Treasury
ry to retire National Bank circulation, from June 20,
1874,
to July 1, 1879, and amount remaining on deposit
at latter date.
Legal-Tender XoUw li. ].,„ii.-,l to
Ketlro National Hank Clreula-
1870.
$6 273 083
$7,107,529
164,230,546
1. $120.005, 103 $133,045,535 $171,397,075 $158^253,368
following will show the exports of specie from tin- port
of New York for the week ending June 28, 1879. and also a
comparison of the total since January 1, 1879. with the
corresponding totals for several previous 'years:
London
28—Str. Ailsa
28—Str. City of Berlin
Paris
Savanllla
Am.
Am.
Am.
Liverpool
Am.
silv. liars.
silv.
silv. bars
sllv. liars
$.50,000
ban
25,000
3,418
1,600
issued m'cc
June
TKItRITnltlE".
Maine
Hampshire
N.
Vermont
Massachusetts
Ithodo Island.
Connecticut
.
New York
New Jersey
Tot. since Jan. 1 ,'79 ($9,308,068 silver,
Delaware ...
Maryland ....
Dist. Columbia
Same time
$8,601,358
20,282.081
HII.02J.112
1874
1873
1872
1871
and $1,920,619
sold). $11, 134,681
Same time
in
$28,9.42.782
2f>,804,646
1870
1869
1808
1867
30,202.456
52,163.429
46.441,084
The imports "f specie at this port for the same
been as follows:
June.
23— Str. Santiago
Nassau
Am. silver
$18,185,568
15.541,446
51,350,825
20.553,723
periods have
gold
Foreign gold
„.
23— „.
Str. Niagara
Havana
25-Str. Acapulco
Asplnwall
$13,565
391
320
.
.
950
1,800
Foreign silver.
Silver bars
Am. gold
Gold dust
~.
.
Am.
425
1,443
200
.820
silver ....
13,053
4,000
2,677
26,142
Foreign silver.
28— Str.
St.
Domingo
Capo Hayti
Aim
silver. ....
Total for the week ($00,428 silver, and $5,304 gold)
Previously reported ($4,072,850 silver, and $071,322 gold)
Pennsylvania
Virginia
West Virginia.
N'rtli Carolina
S'th Carolina
Georgia
Alabama
Am. gold....
Am. silver
of R.de Jnu'ro.Para
.
.
Florida
Am.
„„
in
$05 792
5,344,181
..
Tot. since Jan. 1, '79 ($1,733,287 silver,
20,
1874.
Total for the week ($80,018 silver, ami
gold)
$8!) 018
Previously reported ($9,128,014 silver, and $1,020,019 gold) 11, 05 4,068
in
Le*»l Tendeni
on
20, 1x74.
Circuliit'n
State* and
The
June.
26-Str. Gellert
June
tlon since
Additional
151,080,285
Tot. s'ec Jan.
„,
„
27— •*
Str. C.
•35.31x.UH4
846,681,010
1:
Forthewoek....
1878
1877
1870
1875
nnr datm.
deposit at date
EXPORTS FROM NEW TORK FOR THE WEEK.
Same time
Treasurer between
Settled under Art of January 14, 1875
Outstanding at date
Tot. S'ceJan. 1.. $156,985,405 $171. 181,387 $143. 347,1 00 $153.5 12,033
In our report of the dry goods trade will be found the imports
of dry goods for one week later.
week ending July
...
1
.
Circulation redeemed
$720,932
3,256,530
Dry Goods
The
.
1HE CHRONICLE.
5, 1879.]
FOREIGN IMPORTS AT NK1V YORK FOR
specie)
...
.
Mississippi
Louisiana
$
1,410,180
.
ut
645,750
10,000
135.0(H)
3,446,540
.
i
.
Missouri
Ohio
Indiana
Illinois
1,708,885
1.30H.O9O
. .
'
ll.soo
509,200
2,110,880
8,776,980
!»17.000
869349
128,797
1.111.137
<M,(r27
6319300
lxit.oio
767,736
105,400
49360
1,31 1,840
20373,748
1,558,090
7,153,297
I
304,500
628,860
743,009
385,005
1, 272.4(H)
881,400
111.000
45,000
...
Kansas
Nebraska
Nevada
533,859
988,510
7X1,721
45,(H)0
8326
.024.254
828,1 15
1,089,194
1
1,712.070
83"i, 101
1,788,876
1.OO1.O00
1,122.78.'.
88381
43,431
328.299
137,680
217,-10
958380
725.1(H)
94.5(H)
108.074
'
'688
426
2.099,250
229,310
135,000
1 ,378,033
235.0(1
1,483,319
1,085,297
1,566,634
351,180
.
low a
575,867
dab-.
$
317.0(H)
50 l.«65
1,238,030
I6.1O0
.
Kentucky
.
$
8.589,4101
2,921,92^1
5.464,483
0,260,590
2,011,495
878,4391
1,554,055
1,226,445
190,550
188,080
.
2,745,000
292.070
289340
3.705
135,000
4,113
1,053,900
311,710
769,7601
90,742
4,587,920
887,265
4.405,241 1.156,"71
6,549,780 1,811,844
012.071
7,827,880
2,375.995
395,766
1,505,299
3X0.200
2, 29s, 62
434.240
1,611,540
190,124
972,271
293.651
233.0X0
Hi.oxl
2,278
284,488
34,950
357,991
23,075
68,300
7,285
I
and $070,080 gold).. $5,409,973 Colorado
452,220
135,083
149,400
Same time in—
Same time in—
Utah
161,191
196.800
1878
$12,927,437 1874
$2,501,784 1870
$7,232,251 Montana
'39,600
23,300
45,000
1877
7,379.001 1873
2,738,782 1869
9,071,486 Washington
99,000
1876
2,176,914 1872
755.540 1868
3,971,151 Dakota
54,000
1875
7,371.021 1871
3.219,930 1867
.
1,589,049 California
270,000
U. S. Legal Tenders and National Bank Notes.— From the •Legal tenders
3.813,075
Comptroller of the Currency, Hon. John Jay Knox, we have the
08,208,330 16,754.478 70,274,358 90,8 12.511! 12.185,698
following statement of the currency movements and Treasury Totals.
balances for three months past
* Deposited prior to June 20, 1874. and remaining at thai date.
U. S. Bonds held as security
Canal Tolls and Business.— Mr. G. W. Schuyler, the Canal
for National Bank:—
April 30.
May 31.
June 30.
Bonds for circulation deposited. $12,036,450 $27,728,900 $8,732,100
Auditor, furnishes the following comparative statement, showing
Bonds.for'circulation withdrawn. 10,982,300 20,557,150
7,899,800 the total quantity (in tons) of each article cleared on the canals
Total held for circulation
352,250,550
353.122,300
v from June 8 to June 14, inclusive, 1878 and 1879:
.,..,,..,».- #«_
..-..,....
iL hold as
-ID
!l.
-—-> — „*.__ 354,251,000
_ .*.. _'
Bonds
security
for deposits
14,'252,400
Same time in—
.
.
.
.
-
.
I
II'
Ill-till
-1
-»
.
13,952,400
Legal-Tender Notts.—
Deposited In Treasury under act
0?
June 20.1874
now on
Total
663,190
deposit, including
14,446,500
202,905
259,650
liquidating banks
13,356,239 12,963,142 12,135,698
Total entered under act of Jan.14,
8 5
;•
35,318,984 35,318.984 35,318,984
;
_,„\ 7
Total amount of greenbacks outn
346,681,OJ0
;•
346,681,016 316,681,016
»;,• VW7
J; Hank
national
Circulation
e
1
Ula "
cd
'*?"
2,957.650
."
1,290,019
1,428,480
,T„ H
?"i
Circulation
retired
939,010
897.019
1277 094
*.-<<,"»•*
Total notes outstanding—
\™!™
—
,
,
'
Currency. 327,678,910 328,072,811 328,224,197
Gold
1,466,000
.„
1,460,600
1,107,500
vd for redem'u from—
New York
4.771,000
8,100,000
5,594,000
3,028,000
3,100,000
gafW-.-i;
3,053,000
Philadelphia
448 000
500,000
565,000
Miscellaneous
1,940,000
3,900,000
3,411,000
„.
Notes rec.
.
•:
0tlX
$10,187,000 $15,600,000 $13,223,000
ARTICLES.
ARTICLES.
•Leather
Furniture
Boards* scantling 41,096 41,382
217
Shingles
414
Timber
516
3,425
•Bar and pig lead.
Pigirou
Bloom & bar iron
Staves
Castings and iron
Ashes, pot and p'rl
•Ashes, leached
•Pork
•Cheese
•Lard, tallow, and
lord oil
•Wool
Hides
•Flour
Wheat
Rye
Corn
ine J'i,'-.
following is a statement of the Comptroller of the Cur- •Corn meal
rency, showing the issue and retirement of national bank notes Barley
Bailey malt
and legal tender notes, under the Acts of June 20, 1874, and Oats
January 14, 1875, to July 1, 1879:
Bran and ship
National Hank Notes—
stlllfs
Outstanding when Act of June 20, 1874, was passed
Peas and beans...
.... $349,894,182
rrX
Issued from June 20, 1874. to Jan. 14, 1875
Redeemed and retired between same dates.
.
.
.
Potatoes
•Dried fruit
•Cotton
$4,734,500
2,767!232
Increase from June 20, 1874, to January 14,1875
1
,967,268
Outstanding January 14, 1875
$351,801,450
e n
tll
' from Jan. 14,'75,' t'odate$75',9'39',58'i
Sfil''
''V?"!
Hurreudcd
between same dates
ll|23l!502
'
,
'''
'<'
(
TOt
1879.
Description.
1878.
Tolls
$21,439 $18,432
Total miles boats
tons.
226.206 205,095
cleaved
Wood
•IJninanuf. tob.
...
•Hemp
•Clover aud grass
seed
•Flax seed
2,594
1,327
1 28
2,436
3,136
'
11
2
223
24
Description.
•oil
meal
A:
1878.
2 14
cake
ware
...
•.
•Domestic w'lcns.
•Domestic cottons
Domestic salt
Foreign salt
Sngar
13
8
73
173
16,151
1,294
13,608
12
18
"il"4
10,359
725
Molasses
-Coffee
Nails, spikes,
Flint, enamel.
3,307
739
414
All other n idse
Stone, lime, and
19
35
147
771
Gyi»sum
1
.
. .
209
Anthracite coal
50
13
29
188
4
1
2
1,362
119
94
91
357
47
612
894
l.lxi;
3,222
303
2
1.323
2,354
318
26
173
136
210
286
304
1,570
15
329
.
Iron ore
Petr'leum or earth
oil,
98
325
1,369
3,935
5.712
.
Bituminous eoul.
"lii
481
254
1879.
crockery, glass-
ware
clay
64
26
38
11
13
1
and
horso shoes
Iron aud s'col
Kuilrnad iron
8,750
8
201
4
24
614
6,358
203
127
25.558
4.643
7.572
37,848
8.797
10,378
4,357
1,325
4,051
crude and re-
fined
Sundries
1
4
Total tons
140,424 158,133
14
11
marked thus are in the " Free List."
S87 171 083
633331830
Attention of capitalists and mining companies is called to
the advertisement of Mr. F. H. McDowell, Engineer of Mines.
Decrease from January 14, 1875, to date
$23,637,253
Mr. McDowell is a graduate of the School of Mines and has had
Outststandlng at date
$328,224,197 large experience in California and the West, having placed
machinery in, and located, some of the most celebrated mines.
Greenbacks—
>
J ""° 20 lS7i t0 retire notes
'", th0
The agency of the Connecticut Mutual Life Insurance Co.
°oM'i!«,
fiv
SSKK2
of insolvent and liquidating banks
gjJ '"
«13
13 675
8 5 in New lork is now at No. 1 Wall street, corner Broadway.
1
June
,"""
-°- ,874 l0 dirte t0 retire '.itttionai
*
T^n"
oaiiK notes
Mr. Philip S. Miller is the general agent here, and the strength
87.028,836
and character of the company, and absence of juggling in ita
Total deposit*
$90,842,511 management, commends it to parties seeking insurance.
Total redeemed and surrendered
Issued between same dates
Articles
—
—
-
'
i
'
'
•Domestic spirits
'
'
t
with U. 8.
Treasurer
Total
Deposit*.
a<-i
Ltutudat
of J 'lie 20,
iug Banks
1874.
1
Minnesota
under
600,000
72,097
65300
1,624,610
159,097
052.3 II)
14,122,655
234,800 6,084300
727,110
88,350
735386
2.230,510
65.350 t, 240,490
10,574,065 2,128,598 18,445.150
1.641, "65
151,000 1,407,080
8,226,230 1.095.311 6,057,986i
173.275
000,810
166,600 1,575,170
107.001
455,000
127.5(H)
584,500
008,869
880,510
51,070
731,000
270,(HH)
1.0X2,000
128,200
091.585
15,700
953,380
388,030
287,725
437,075
45,000
207,000
94.5(H)
Texas
Arkansas
Michigan
Wisconsin
ofNotcsof
..
.
Tennessee
deposi
retire
Redempfn To
Circiilafn
:
THE CHRONICLE.
10
c
No
National Banks organized during the past week.
following- dividends
v
i
i
o
Railroads.
.
Per
When
Book* Closed.
Cent.
Payable.
(Ray* inclusive.)
3
4
$2
Ponaa tonic pref. (quar.)
LenteTUleA Nashville
Lowell A Audover
Norn nil A Wuhinlir
n A Hudson
s
July
l'.tin-on At
Ptttafleld
2%
Bamapo
A North AdnniK
A Portsmouth
A Wnnc-irr
Portland 8aco
|3
3%
Banka.
Xa ttonal
Murray Mill
York County
N.
Xut ioiinl
Xiitioniil
West Side
i.-n
r.i
in
lliirtiii.ni
kiiiLs
County Fire (Brooklyn)
A
6s,
6s,
6s,
6s,
6s.
July
Traders'
Mercantile. Fire.
Pacific Fin-
3% July
7.
1.
Hi
Kldgcwood (Brooklyn)
Star Fir.
United stun** Fire
The money
*
cur'cy,
cur'cy,
cur'cy,
cur'cy,
cur'cy,
This
reg.
5
6
.">
July
coup. J.
reg. J.
July
July
July
July
30.
1.
2.
3.
4.
104 % 104%!*104%
J •107 % *107%*x04%
&
&
&
107
V -1075s
coup.
1895.. reg.
1896.. reg.
1897.. reg.
1898. .reg.
1899. .reg.
106 % 106
106
106 h •106% *106>s
102
102
101 e
-Jan. 102^ 102%! x01%
& J. 122 122 1*122
& J. 122 122 1)1*122
& J. 122>4 122 *122
& J. •12212 123 -12214
& J.
122 |*123
"
;
no
Range
On dem.
On dem.
On dem.
1880-1.. cp.
0s,5-20s,'67.cp.
6s,5-20»,'68.cp.
5s, 10-40s... cp.
5s, 1881. ...cp.
413s. 1891. .cp.
July
July
4s,
6s,
6s,
'
sale
was made
7.
3.
On dem.
On dem.
On dem.
Highest.
•106
106% 106%
101%
nil". 101%
101 %
122
122
122
122
122
a
*122
•122
'122
•122%
123
1879,
July
and the amount
1879, were aa
1,
Amouut July
Registered.
1879.
1,
Coupon.
1
107% June 23 $203,311,900 $79,424,450
1
2,851,450
4,296,150
7,016,000
13,056,950
42,145,800
96,279,850
204,938,400 243,501,950
84.089,250
165,910,750
119,280,500 •217,749,400
64,623,512
XO312
May
104
Men. 21 108
1907.... cp. x99 Apr.
cur'ncy.reg.1119% Jan.
106
at the Board.
since Jan. 1, 1879.
x04% July
104 % •1041s
X04% 101% *104i2
.-Jan.
i,
in prices since January 1,
class of bonds outstanding
of each
follows:
item.
1
103% 103*ij*xO2% 102% •102%
103S, 10:1*4 103% 103% •103%
coup. <J.-Mar.
reg.
104% •104
J '101% •104% 104% 104% 10412
O.-Mur.
the price bid
is
Juno
28.
.1
coup. J.
J.
reg. Q.-Fcb.
coup. t>.-Feb.
reg.
June
The range
On dem.
111!
A
.1
Lowest.
7
5
5
5
I"
5
5
Fire
Fire
Importer*'
1880
1880
1881
1881
1881
1881
4%s, 1891
4%s. 1891
4s, 1907
4s. 1907
6s,
6*,
6s,
6s,
5s,
5*,
.
.
Firemen'*
Franklin A Emporium Fire
Owl man Himiiliam
HanoMT
1.
1
July
July
1
1
3 July
2% On dem,
2W July
e July
« July
2% July
3 July
1.
6 July
Manufacturers' A Mt-rchnjit*'
Mechanics' A Trader*' National
I
3.
S
Loiik Island (Brooklyn)
With
July
July
0.
3.
:i
Flint Xntlounl
K int h
15.
J'-j.luiy
Ware Klver
Ft f t h
1.
1.
July
July 15. July 8 to July
4
July
31, Julv
l*rovl<U'iice
Interest
Periods.
2%
s% July" T.
I
purchasers, so that the volume of business is not heavy. Nothingfurther has been heard of any large transaction for London
account.
Washington dispatches report that refunding certificates to the amount of $28,050,000 have been received in Washington to date, for conversion into 4 per cent bonds.
Closing prices at the N. Y. Board have been as follows:
1.
On dem.
I Hi July
River
oiim-i ticut
o
3% July
Co
Cayuga A KiuMiueuauna
<
n
have receutly been announced
Name of Company.
Atth-lmro' Branch
Catmlrli A Burlington
it
rVot. XXIX.
United States Bonds. — There has been quite an active
demand for government bonds this week, but mostly from small
Jtauhcvs' (Saxette.
o
The
%
'
.
1
107%
Jan. 15
May 21
103% May 21
May
4 128
31
This amount docs not include $12,348,210 of Refunding Certificates
outstanding on July 1.
*
Illlllsiiil, .11 I. V 3, 1819-3 1*. 01.
Market and Financial situation. —The
week virtually closes for business purposes at 3 P. M.,
to-day, (Thursday). The Stock Exchange, Cotton Exchange, and
Produce Exchange will be closed on Saturday as well as Friday,
and the opportunity is thus happily seized to give to the business
public three consecutive holidays at the opening of the "heated
Closing prices of securities in London for three
the range since Jan. 1, 1879, were as follows:
present
term."
June June July
20.
27.
weeks past and
Range since Jan.
3.
Lowest.
1,
1879.
Highest.
105% 106% IO6I4 x05% Apr. 25 109*4 Jan. 4
108 108% 108% 106% Mch. 24 110 May 2
103% 104%'104% 101 Mch. 26 105% May 22
U.S. 5a of 1981...
U. 8. 4%sof 1891.
U.S. 4s of 1907...
—
The fir^t of July period has been passed without any real
stringency in money, and the enormous settlements for government Kinds to bo made this month will probably be effected
without disturbance, so that on the first of August the financial
horizon will be clear of threatening clouds, and our money market (unless present indications shall belie themselves) will be
glutted with an abundance of funds which has seldom been
equalled.
The greater confidence in every direction and the
difficulty of purchasing first-class securities at prices which
enable the buyer to realize 6 per cent on his money, will surely
induce many capitalists to engage in mercantile ventures and in
mining, railroad, and other industrial enterprises.
Our local money market has been a little firm in consequence
of the temporary withdrawal of funds for interest and dividend
payments, but the outside rate on stock collaterals has been 5(36
per cent, while 3i(34J per cent has been an ordinary rate, and on
government collaterals 2J@3 per cent. Prime paper is little
changed and sells at 3*@5 per cent, according to the time it has
state and Railroad Bonds
Louisiana State bonds have
been quite active at varying prices. The adoption by the constitutional convention of an article providing that the principal
of the outstanding bonds shall be allowed to remain intact, is
certainly an unexpected triumph, although the interest is scaled
down to 3 per cent for the first 15 years, and 4 per cent afterward.
Railroad bonds have been steady, and holders have been occupied in collecting their July coupons. The Erie bonds, which are
dealt in heavily on speculation, have been stronger and quite
active, and President Jewett gives to a newspaper interviewer a
most favorable account of the company's aflairs, which may
assist the placing of the new bonds at 5 per cent to take up the
old 7 per cent issue of $2,174,000 maturing Sept. 1, 18*9.
The following securities, seldom sold at public sale, were
disposed of at auc ion:
to run.
RR. (Texas)
12%
3TerrcH. & Iudianap.RR. 93%
14 New York Rubber Co .... 101 %
159 Metro. Gaslight Co. 127® 126%
1
1 he Bank of England statement to-day shows an increase of
and the reserve is 5o± per cent of liabilities, against 57} per cent the
previous week. The discount rate
remains at 2 per cent.
The last statement of the New Vork City Clearing-House banks
issued June 28, showed an increase of $3,428,550 in the
excess
above their 2o per cent legal reserve, the whole of such excess
being $10,040,600, against $6,612,050 the previous week
The following table shows the changes from the previous week
and a comparison with the two preceding years.
£'143,000 fo: the week,
1879.
June
Loan* and
dis.
Bpecle
Circulation ..
Net deposits
Legal tenders.
•_•<.
Diflcr'nce* fr'in
1878.
previous week.
June 29.
.
10.311,900
19,984,900
205,905.600
53,990,300
Ihe following is the quarterly statement of the
State banks of
the City of New \ork, on June 14, 1879:
*
I itlttil llimm
aa
a- ass
as
Liabilities.
March
15.
June
14.
Changes.
Capital
$11,970,800 $11,825,200 Dec. $145,600
Net profits...
.
4,423. loo
4,669,600
17,100
4,619.200
28,736,000
60,900
,422,400
Inc. 1,011.700
J>ec.
18,700
$46,783,400 $49,928,900
Iuc .$3,145,500
CirculatioH
Due banks
Due depositors
17,200
3,196,600
27.095,600
...
Unpaid dividend*.
T
"'"£»/,;,Vr«.
JU*anaand discount*
Stnek-. bond* and mtga
Dae from hunk*
Real estate
J
"1
1
lemsand banknotes,
,."-,
,'<-i'ilers
arts
To, » 1»
711.01 in
Inc.
I
I
240,6011
I.e.
lie
.
100
1
$32,758,600 $33,824,400
3,786,900
4.540.800
1,091,200
2,898,200
'
1,579500
'lesisoo
1.333,500
4,450.600
j
1,700
$46,783,400
Inc .$1,065,600
Inc.
i9,900
Inc.
207.0(H)
1.01K.2OO Ille.
38,700
177.000 Inc
8,800
1,382,400 Inc.
48.900
5,464,500 Inc. 1,018,900
17.IIHI Inc.
2,700
.
$19,928,900
Inc.$3, 145,500
Trad. Fire Ins. .171%
3 Manhattan Gaslight Co.. 167
56 Metro. Gaslight Co.l26S120 14
10 Ocean Navigation and
I
June
July
27.
3.
30.
17.453.000
15.043,200
226,483,200
00,359,500
.t
12 Jefferson Ius
139
10 Manhattan Gaslight Co.. 163%
|
STATE8.
June
30Meeh.
200 United New Jersey RailPier Co. (Coney Island
road & Canal Co
142
Pier) $100 each
151
Bonds.
$6,400 Metro. Gaslight scrip. 103% $1,000 Third Av.RR. 7s, coup.
1 1,600 Nassau Gaslight scrip. 85%
bonds, due 1890
IOII4
Closing prices of leading State bonds for two weeks past, and
the range since Jan. 1, 1879, have been as follows:
1877.
253.575.500 Dec. $2,326,100 $232,720,200 $251,655,600
10.666.400 Inc.
309.500
20.37 1.300. Inc.
215.100
220.1 13.000 Dec.
03.400
46,002,600 Inc. 8,043,200
SJiares.
2 U.S. Life Ins. Co
118
16 International & Gt. No.
Louisiana consols
Missouri 6s, '89 or '90
North Carolina 6s, old
Tennessee 6s, o*d
Virginia 6s, consol
4314
Range
since Jan. 1, 1879.
Lowest.
Highest.
•47% 38% June 2 69
Jan.
6
•108% *xO.-)%103%Meh. 5 107*4 Juue 10
*25*8 *25
18 Feb. 8 25% Juue 14
*33% •33
34 Apr. 20 42 Feb. 13
*78
-78
73*4 June 20 73% June 20
do
do
2d series. •38%
41 \ Apr. 29 44 Mch. 28
District of Columbia 3-65s.
86% 87*4 79%. Ian. 3 88% May 23
* This is the price bid
no sale was made at the Board.
.
;
Kailroad and miscellaneous stocks— The stock market
has shown no great activity, and prices have been variable. Today the market showed rather a weaker tendency at the first
board, and prices of both the trunk 1 ines and Western stocks
declined
a
good
portion
of
this
decline,
however,
was
recovered
before
the
close
of
the
day.
St.
Louis
Kansas
&
City
preferred,
which
has
lately
been a leading speculation, was exceptionally strong, and
advanced about 1| per cent. Louisville & Nashville was higher,
in consequence of the dividend just declared.
Lake Shore and
.Michigan Central have both declined since they sold ex-dividend,
and the exhibit for the first half of this year, although better
than in 1878, was not very encouraging. The last six months of
the year is, of course, a much better time for heavy traffic.
The report that Pacific Mail had made a new contract with the
Pacific Railroads is denied.
Pullman Palace Car stock is quoted
;
...
.
July
Mr. Jay Gould is reported as booked
for Europe. Union Pacific is strong at 76±. Western Union Tel.
closed av 92 J ; the new American Union Tel. Co. bas made an
alliance with the Dominion line of Canada.
The daily highest and lowest Drices have been as follows:
Monday,
June 30.
Saturday,
JaneSK
Tuesday,
July I.
Wednes., Thursd'y,
July 2.
July 8.
pref.
I
I>cl.Lack.& \V
Erie
do pref
pref.
Illinois Cent...
Kansas Puclni:
—
Mich. Central..
Mo. Kans. ,V T.
Mur. & Essex..
H.lt.
.
Ohio 4 Miss...
.
Pacific Mall....
Panama
Pitts.F.W.&C.
St.L&I.M.assn
St. L.K.I 1.4 N.
do
pref.
St.L.
4
S.Fran.
do
do
1st prf.
8ut.ro
Tunnel.
Union
Pacific.
West.
(In.
pref.
*
These are the prices bid and asked; no sale was made at the Board,
Sales wore also made ex div. at 73%®74.
Total sales this week, and the range in prices for 1978 and
since Jan. 1, 1879, were as follows:
t
Sales of
Prices since Jan.
Shares.
Canada Southern
234
Central of N. J
Chicago & Alton
18,580
SIM
do
pref.
do
pref.
& North w
.
Chic. Rock Isl.& Pac.
Clev. Col. Cm. <fe Ind.
Clev. & Pitt8b..guar.
Col. Chie.& Ind. Cent
Del. & HtidHon Canal
Del. Lack. & Western
do
. .
pref.
Central
Kansas Paciflo
Lake Shore
Michigan Central
Missouri Kan. & Tex.
Morris & Essex
N.Y. Cent. <fc Hud. K.
Ohio & Mississippi.
.
Pacific Mail
W.& Chic.
& South.
& North.
Pitts. Ft.
St. L. I. Mt.
St. L. K. C.
St. L.
do
pref.
S.
Francisco.
&
25,23.")
6,400
16,906
4,478
5,995
12,455
St. L.
July
*'
"
1
2
3
18,425
18,050
8,370
4.520
10,095
59,460
Jan.
Jan.
5^8 Jan.
75% Jan.
7%
350
week
Paul.
May 20
30% May 23
150
..
12% 23%
112
131
102
112% May 21 85
.,
17=s June
46% July
113s Apr.
13% Apr.
28% Apr.
2
2
8
4 % Jan. 21
0% Jan. •j:i
2»s Jan. ;<;
57% Jan. :u
30
3
21
21
19
4%Mch.
17
Feb. 19
39!5nMav 21
81
17% Men. 13
x91 June 24 116
North- Central
west. of N. J.
June 11
Del. L.
15=8
5
3% 7=8
19
26%
1% 4%
1% 5%
5% 11%
3% 5
Lake
Erie.
Shore.
2,500
1,600
4,925
11,028
4,035
4,125
10,600
4,700
2,620
1.250
6,065
18,580
48,000
25.713
25,235
1,000
2,500
6,:i.")0
,300
34,350
6:020
19.150
S.2SII
4,31)0
66,820
38,920
& West.
Whole stock. 120,000i 154,042: 149,888 175,400 524,000 771,077 494,665
The total number of shares of stock outstanding is given in the
last line for the purpose of comparison.
The latest railroad earnings and the totals from Jan. 1 to latest
dates are given below. The statement includes the gross earnings of all rail roads from which returns can be obtained. The
columns under the beading "Jan. 1 to latest date" furnish the
gross eiarnings from Jan. 1 to, and including, the period mentioned in the second column.
—Latest earnings
reported. — ^-Jan.
1879.
1878.
.
.
Week or Mo.
Ala. Ot.Soutliorn. March
$33,152
Atch.Top. AS. F.3dwkJ'ne. 102,500
Atl.&Gt. West... April
327,790
AtlanticMisB.&O.May
130,97!)
Bur. C.Rap.&N..3dwkJ'iie.
26,651
Burl. AMo.lt.in N.April
154,154
Cairo&St.LouiH..2d wk J'ne.
4.399
4.85
.
3>4.85%
4.88
14
1
88 *
4.87%34.88
— 9 —
$28,748
55,000
281,654
125,208
24,519
146,362
4,091
Central Pacific. .May
1,541.01)0 1,590. SS9
Chicago & Alton ..3d wltj'uc. 119.886
87,486
Chit. Burl. & Q... April
1,018,755 1,118,736
613,239
622,951
502,2*9
98,423
6,404.129
2,079,809
4,177,968
X
S
*
t
S
S
133,-45,500
136,790,600
139,979,500
189.s91.100
144,980,010
143.799,200
141,969,200
141,623,70)
141,308,300
140.44i.SOO
140,033,100
139,001,100
133,300,400
137,169.400
134,192,<03
3,'85,900
3,822,500
8,927.600
3,816,200
8,708,300
3,645,700
5,419,700
5,230,200
5,127 900
4,720,20)
4,4 6,500
4,273,300
4,324,300
60,968,800
63.747,200
64,796,300
61,190,100
25.61 ',600
25,500,100
25,436,600
t.9,770,300
25,545,800
25,481.100
25,399,'00
25,618,100
46.761,831
43.703.114
41,620,628
47,534.405
47,' 80,361
45.334,610
Feb.
Feb.
10.
17.
Feb.
Mar.
24.
Mar
10.
17.
24.
Mar.
Mar.
Mar.
Apr.
8.
31.
7.
14.
21.
28.
5.
12.
May 19.
May «8.
June 2.
Jnne 9.
June 16.
June 23.
May
133,22-1,500
132,953,200
180,290,000
130.331,800
129.48!),000
129,973,50)
130 510,500
130,%3.600
8,664,500
3,649,900
8,620,800
3.644.000
3,C46,200
8,684,
MO
8,li5\800
3,627,700
8,600,100
8.588,:00
8,556,100
3,577,700
3,583,400
3,948,500
3,559,400
8,557.700
8,547.400
4,6)11,500
4.750,300
4,713,600
4,591,000
4,294,700
8,805,800
8.483,700
S.Stf.SOO
8,863,000
4.194,800
8,5S9,200
8,11)5,800
8.886,700
4,163,200
4,165.500
4,118,100
4.143,500
25.56)>,800
25.5n2,00.)
25,445.500
85.438,200
8S827,8'X)
26.0:4.200
8S21.\(00
26, '30.200
26.29),600
2tl.228.800
v6,«18.4O0
2i,369,200
86,437.800
2n,569,000
26,701,100
26.675,100
88 578.800
46,34!»,2»1
48,733,621
4\7:19.465
41.907.&M
89.857.020
44.676.94*
47.207,-#*
5',936,677
47.978,8*)
50.505.511
50,552,117
43,456.247
46,516,8:0
44,(33,287
51,329,031
49,113,570
45.17)1,053
—
Jan. 20.
Jan. 27.
Feb. 8.
Feb. 10.
Feb. 17.
Feb. 24.
Mar. 8.
57,673,619
57,6!4.478
57,138,02)
56,74 ),634
56,9'.)2,78i
641,716
763,809
498,737
98,424
6.440,253
June
Juue
June
2.
9.
16.
62.086, St-2
1,913,746
4,245,185
in c
ill.
JuLe30.
61,8 0.183
61,710,397
date.—
1878.
$9S,633
1,441,496
3,625,7lK)
63.215,9i0
10,328,700
67,028.300
65.677,100
64,050,100
63,4)5,100
64.221,500
63,371,010
62,99 .',00O
60,252,400
60,c28.900
*42,8«5,800
'44,103,900
*44,101,2
"43.895,000
-44,391,200
'43.997.000
*4J,6i6.IO0
•;4.79>,800
47.775,068
June 30. 130,583.300
* Other thau Government and banks, less Clearing-House checks.
Philadelphia Bauka, The totals of the Philadelphia banks
are as follows
Deposits Circulation. Agg. Clear.
Lawful Money.
Loans,
S
*
I
1879.
S
I
57,012,193
57.600,832
58,268,231
53.486,555
18, 506,715
E9.006.342
59,994,059
60.554,971
60,5)8.117
60,122.582
60,174,972
59.914,380
60,110,883
60.9:5,391
61 429,856
61.917.078
1 to latest
1S79.
$100,187
2,6G8,974
1879.
Jan. JO.
Jan. 27.
Feb. 8.
Apr
61% 73
12% 23% Apr.
Apr.
75% 102
May
10,150
19,200
4,850
11,300
2,500
2,700
4.700
4
Total.
Good commercial
.
Demand.
a 4.86%
4.85%34.86
—
1
3% Jan.
4.86
1
1
1
Prinie bankers' sterling bills on London
Good bankers' and prime commercial
!
3,850
10,530
6,790
1
Low. High.
in leading stocks were as follows.
8t.
1
for
1878.
a 93 June 10 6738 89
Men. 24 121% June 14 1033j 115
Jan.
684 11%
16=s May 10
•>
10,931
4,660
9,880
9,211
Range
60 days.
3.
1
2
IK
1,830
3,130
1879.
:
July
1
6
103s Jan.
K.
C.&N.pf
June 28
"
30
1879 arc estimated.
figures In
— 9 _
commercial
— 9 —
63% Moll. 15 38
45% Documentary
(francs)
5.20 ®5.17% 5.17%35.15
54% June 16 13% 45% Paris
Antwerp
(francs)
5.20
a.5.17%
66S4I
5.17%35.15
88 Jan. 28
85
(francs)
5.18%a5.10% 5.16>435.14%
122U Feb. 19 99% 11434 Swiss
40%3> 403a
403s3 40%
54 7s June 23 27% 54% Amsterdam (guilders)
95 » 95%
95%3 95%
93»g June 16 64
8434 Hamburg (reichmarks)
Frankfort
(reichmarks)
95
®
7
95%
95%a 95%
67 s June 16 32% 55%
Bremen (reichmarks)
95 ® 05%
95 %» 95%
98% June 12 59»4 79% Berlin
(reichmarks)
3>
95
05%
95%a 95%
141 May 23 9838 122
55 May 21 23
38%
The following are quotations in gold for various coins:
98% May 6 63% 85
Dimes A % dimes. — 98%a
9 Apr. 29
$4 86 ®$4 89
2%1 6»a Sovereigns
99%
Silver %s and %s — 99%a — par.
3 85 ® 3 90
513a June 2 343s 59% Napoleons
— 93 » — 95
X
Reichmarks.
X
4
73
®
4
78
Five f ranos
June
41
60%
2
61%
3 93 ® 4 00
Mexican dollars. — 90% 3 — 92
29% May 5 7=8 22% X Guilders
Spau'hDoubloons.15 55 « 15 80
English silver ... 4 75 -9 4 80
54 May 5 21% 38
Prus. sllv. thaler* — 68 9 — 70
2334 May 23 10
16% Mex. Doubloons.. 15 50 ®15 65
— 98%3 - 99*8
Trade dollars
45% May 23 21=8 41=8 Fine silver bars .. 1 13%® 1 15
Fine gold bars
par.®%prem. New silver dollars — 99% a — par.
90 July 2 72% 87
Boxton
Uank*.
12=8
60 Apr. 30
4
The tollowing are the totals ol the Boston
7634 June 13 55% 7
banks for a series of weeks past:
90% Jan. 27 5S% 75
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
Loans.
18% May 15 2
7%
3
2
123 Jan.
69 101 Jan.
9,160
13 Jan.
31,497
7 Jan.
50,460 25% Jan.
.
Total sales of the
67
73%
529 112
do
pref.
do
1st pref.
Sutro Tunnel
.
Union Pacific
M abash
Western Union Tel..
,
45 % Jan.
33 % Jan.
75 Men
1,
Highest.
2m
Erie
& St. Jo
Lowest.
3
535 lllis Jan. 7
66,820 34% Jan. 4
7,075 74% Jan. 4
38,920 49^8 Jan. 3
6,960 70% Jan. 3
1,205 119 Jan. 8
5,680 34% Jan. 2
1,419 84% Jan.
•J
775
5 Jan. 4
3,652 38 Jan. 2
48,000 43 Jan. 2
25,713
Jan. 4
2,350 37% Jan. 2
5,750 13% Jan. 4
5,350 34 Jan. in
2,730 79% Mel). 26
1,120
9% Jan. •Jl
Chic. Burl.&Quincy.
Chic. Mil. & St. P ...
Illinois
May
lately shown rather a
drooping tendency, which is attributed in large part to the prospect of a return movement of our securities to London. Bankers'
prime sterling bills are quoted to-day on actual business about
4.80 for GO days, and 4.88 for demand.
The quotations for foreign exchange are as follows
Tel.
do pref
Hannibal
do
April and
Exchange.- Foreign exchange bas
Wabash
do
Chicago
do
I
1
St. Jo..
N.Y.C.A
.
.
4 H.Canal
Luke Shore
or
.3d wk J'ne.
St. P. June
III.
I
&1.
Col.Chlc.* I.C
Hun. &
do
—
Week
East.
1 1
&N. W..
pref.
B.I. & P.
Clev.&P.,Kuar
Del.
A
.
i.
do
Chic.
Clev. C. C.
earning*
— LatestMo.
.- Jan. 1 to luteal
reported.
date
i«7'.i
i*7i
1870.
$19,076 $12,458
Chic. Mil. &
790.O0O 6311,176 4,03\OO() 4.26<iioU3
Chle.A North west May
1,431,900 1,171,545 O.SllH.HIO .'1,9111,064
Clile. St. P. & Mln. 3d wk J'ne.
21,171
14,202
413.231
406,183
Clev. Mt. V. A I)..2d wk J'ue
K.l-JS
7.1 1'.)
101,356
163,712
Dakota Southern April
17,101
19.777
71,742
61.0S2
DiibuqueAS.Clty.3il wk J'ne.
10,569
18,681
370,691
472,537
tial. liar. & 8. An. March
106,61!)
88.801
Gal. Hoiist. A II.. May
311.15!)
22,607
180.235
M7JJM
Grand Trunk. Wk.cnif. J'ne 21 1 17,-:i:i 143,906 l,(i()i,.:iin; 4,184.31.1
Gr't Western. Wk. end. J'ne 20
70.0117
09,750 1,961,237 2,161
Hannibal A 8t.Jo.3d wk J'ne.
23,791
33.2D2
M25.083
704. 2.10
oust. A Tex. C. Ma v
n;.-,..-,r,l
138,863 l."3x.876
901 .553
Illinois! on. (III.). .May
488,190 465,272 2,070,224 2,142.717
do
(Iowa). .May
127, r.ll!
143,255
559.940
072,103
Gt.
Int. A
North .3d wk J'ne.
19363
18,743
656,2 12
669,288
Kansas Pacific
3d wk J'ne.
4 I.DI
96,925
1,851,081
1,366,914
Mo. Kans. ATex..3d wk J'ne.
53.004
51,804 1,175,649 1,190.515
Mobile A Ohio
May
116,971
103.7:11
754.901
"45,593
Nashv.Ch.A8t. L.May
139,524
124,837
732,-3!)
730,110
•N.Y.L.EricAW.May
1,358,000 1,172;«01 6,452.3
5,872,078
Pad.AKIIzabetht.lst wk J'uo
5,197
5,498
113,509
135.511
Pad.AMeinpliis.-2d wkj'ne.
3,740
3,571
68,603
02.450
Pennsylvania .. May
2,708,695 2,503,142 13,028,240 12.07l.73H
Phila. A Kile
May
264,409 238,024 1,142.540 1,042,628
Fhila. A Heading. May
1,332,547 1,2-i6.014 5,351,653 4,171,766
8t.L.A.AT.II.(brs)3dwkJ'ne.
8,940
9,396
238,149
215.61S
St L. IronMt. AS.3dwk J'ne.
88,820
67,908 1383,426 1,814,658
St. L. K. C. A No .3d wk J'ne.
48,855
49,884 1,473.221 l,459.6:il
St.L. A Southeast 1 st wk J'ne
22,091
24,246
465,025
466.587
St. Paul AS. City. May
55,414
58,131
2 17. .»!
238,379
8eioto Valley
May
25,578
24.2M!)
116,777
89381
Sioux City A St.P. May
30, 1 70
33,215
131,149
140.759
Southern Minn. ..May
50,140
81,769
2 12. 5:17
820350
Tol.Peoria A War. 3d wk J'ne.
26,01
17,443
557,251
591,170
Wabash
3d wk J'ne.
71,061
74,370 1,879,620 2,115,230
Friday.
July
11
.
Clilo.
Cunuriii South.
Cent, of N. J..
Chic* Alton.
Chic. Bur. & O
Cblc.M.A St.P
do
.
THE CHRONICLE.
5, 1679.]
to-day at 83J bid, 90 asked.
Chic.
5
:
.
Mar.
Mar.
Mar.
Mar.
10.
17.
24.
31.
Apr. 7.
Apr. It.
Apr. 21
Apr. 23.
May
May
May
May
.1
5.
12.
19.
£6.
15,401,781
15,683,053
15,950,850
16,519,118
15,914,566
15,754.299
15,W7,736
15,9<9.65o
15,859,150
15,360,i66
11.890,99*
13,701,732
14.022.748
14,516,835
14.889,837
14,918,9-9
15,353.553
1S,1?8,678
15,919,569
15.93^.439
15,7»0,7u7
15.883,01*
15,311,813
15,790.131
45,686,151
45,273,023
11,340,673
11.325.5^2
11,310,790
11,309,856
44.94ti.0«7
ll,30tl,127
44,576,403
45,878.745
46,028,633
46,336.57*
45,763,408
45,256.SSi
45,111,747
46,552 f 85
11,388,414
11,321.223
11,347,059
11,355,472
11,361.550
11,4*2,038
11,5,0,122
11,509,110
45.5-20,021
45.261816
47,288,8:.*
47,044.599
47,626,368
47,7c6,056
49,143,4
49.613,131
49.941,60.3
50,38 '.092
50.721.250
4il.7H.-33
50,-W),722
33,644,739
W.»tMM
80,718.16*
31.163.57*
S0.2S3.6S6
27.312,898
31,157,942
36,171.591
1,508^41
81,283,063
29.945.441
88,«5S,7«8
80.561.240
88.407.056
84.295.148
11,4 8.S21
.37.642.8-5
11,492,197
11,476.011
40.016.188
S8.953.672
S9.S5S.763
li,5i..,2:]r.
ll.m.-.,x57
11,449,180
11,4(1,493
11.424 901
11.3:17.2:8
11,-83,103
3i.KW.4S5
46.78J.478
38.801,585
87.579.233
34,412,141
.
.
New York
—The
A«oci.ud Bank*
Cltf
Banks
condition of the
•nnintr at th« wmmwuimwiito t
I
...an* anil
.ll-cunf
New York
Manhatun
Co...
Merchants
Mechanics'
Union
America
641. sou
1,745.800
6JMJ,«O0
8,781400
17O400
1,751.81X1
800,800
848B409
B56.1XX1
4.0BV.MJ
293.600
531.800
801.000
1.080.000
670.000
804.400
475.000
.,-,.
8.0)6,000
8,000,000
l.i»«>.l«"'
riurnti
Tradesmen's
rl.tXJI.IOII
1,000,000
l.ooo.ouo
City
...
aoo.ooo
Chemical
Mereh
101.700
aoo.Tix
•4.300
6,100
t.aaajoc
ajnxj.'xs
I8,6uu,000
ll.K74.aX'
.
.
ijtxxooo
8487400
450.(XXI
418.50(1
3.186.00C
1.828,600
i.?rj.uuv
People's.
North America..
Hanover
....
Nicholas
Hat I Leather.
St.
Corn Exchange.
l.«MHt.<KMt
Continental
1,000.000
ft Tr..
Park
Mech. BkK.
i.iei.Ooo
3.037,500
Aun
534300
aoo.ooo
715.40(1
Third National..
N.Y.Nat. Bxoh..
Bowery National
N.York County..
Germ'n Americ'n
Chase National
Total.
.
374400
11.175,100
7.013.0O0
8,488.000
3.938.800
500,000
8,888490
1.000.000
800,000
6.43U.009
1.843.500
1,193.900
1.188,300
1.918.-00
8,113,100
850.000
800,000
750.000
300.000
381,000
6,400
1870400
810400
403.100
881,700
419.50x1
105400
147,700
158400
1.000
l.HO.VXKl
99.500
79.000
3.170.500
448.00(1
1481,000
178.000
470,(XXi
387.400
1483,100
385,000
07.100
30,000
780.900
SOBJOfl
1.178.100:
18.400
131,300
70.400
897.300
270,800
438,400
800.100
1,
First National..
30.500
4,800
40.700
87,800
NX ..800
89o'.oo6
8,103400
100,009
498.000
3.709.800
3.389,100
1.013.1XX1
i,:xxi
8.844.900
8.093,800
8.188,000
1.235.700
10.050,000
1.729,000
1 ,078,990
1,888,600
30.40(1
:i7,ooo
1.008,800
841
45.000
185,000
1,579,800
877,100
179,700
407.300
I4O4400
11,98^,50..'
4=14.5(10
80400
1.II1M.NSI
48,600
121.800
8il3,000
8,806.000
245.8 10
3.000
355,800
450.000
1, 487.41X1
445,000
8,983.000
4.700
8488.900
3.87I,(*K.
781,500
1.837,900
855.006
8,843,000
I6.935.7CO 1,100,800
510,400
15 042.100
438.900
538,700
808,700
667.300
148,600
417.800
13.031.000 1,049400
7.111,000 1,466,000
808,000
3.514.000
571,000
8.788,100
8,887.800
45,000
798,600
6.810,400
75=1,400
868,400
223,800
963,200
1,138,000
180,010
Not.
Hot.
gov.tS
•
840,884 800
837.645.500
.
2=11.1117.7.11
80,980.200
18.062.400
17,311,600
834,416,800
17.4=11,700
838411.400
842480,800
18,631,300
41.832,600 206.173,000
45.035,400 806.488.200
49.865,800 811.3U0.6O0
33,509,600 214.981,800
51,018,800 31U.219.200
19,818,800
83-1.168.400
23S.0I7.3O0
833,874.10.)
215..S21.400
231.850.000
8=n,6*),000
3»,9fll,000
40,478,500
39.1100,000
40,767,000
17.819400 51,1=15,400 819487400
311.186,500
34t.0O7.OO0
18,039,500
900
18,456,500
lil.9l3.800
B
8I7.H7I.8 10
846.384.300
813.819.800
48,334,800
45,377,000
43.651,800
40.593.800
17,313,400
39,17.1,400
18,80=1,700
.Mar.
.-•
840,498400
18.116,800
Apr.
5...
13...
19...
2r,,8:jn.lXKl
|8,:i63.(XXI
833.443,900
18.903.1X00
2=11.151.300
86...
881486.900
3. .
10...
17...
239.357,800
342.941.600
25I.83S.500
257.638.S90
18,875,600
18.288.100
18.516.800
18.745.600
36.972.600
84.268,900
31,815.800
38,115.100
40,872,100
45.3J4.500
49.440.500
53.576.700
49.150,900
43.284.900
41,791.400
42.828.800
41,851.900
43.859.400
46,908,600
Apr.
Apr.
Apr.
May
May
May
Miv
Mo
M
1
.
:::
June
7...
836433,700
Junel4...
256.891.000
U55.9OI.600
June 21...
Jose 88
.
838473400
WOTATlim
151
17,9=11,300
18.76=1,900
18.808.400
785.400
78,996.700
18.780.000
19.298,900
19.608.400
BOSTM.
317,371.200
818,3-13.800
213,489.700
818,893,100
310,563,300
806,391.400
19S.9I5.600
1113,121,700
1115.30=1,7110
800,255.000
804.514,300
814.331.700
-231.937.800
230.421.700
287.315,000
225.754,000
220.903.300
827.316.700
286.177.000
226.113,600
PIIILAUI'LPIIIA
BALTIMORE.
18
43),
—
43
100
East Pennsylvania.....
«
Eimlra
do
liar" P.
30)4
Wliliamsport ......
prer.
do
Mt. Joy
&
Lancaster
4
9
254
lluailagdonABroadJop
do pref
"i'<H
Lehigh Valley.....
213,100
LIuleSchuylKlll..
Jilnehlll •••••;;•:.•
Nesquehonlng Valley
Norrlstown...
Northern Paclnc
Pr e '
d"
104
105
14
43)4
47
Philadelphia* Er.e
PnlHdeiphia * ltead ns;
Mlalelphla & Trenton
194*
14H
41H,
47)4
39H 39^
Pennsyl* anla. ...••
ft
18
53
54
54
North Pennsylvania
Phi a.wfluilng.
II
IS!
•••
8>4
United N. J. Companies. ..
West Chester comol. prel...
.
460,572,737
401,037,742
36S.83S.659
436.095,881
=180.741.510
431,844.878
325,696,134
411,598,790
424.413,225
19,707.600 486.232,549
19.617,600 507,3=11,749
19.486,600 61 1,674.082
1U.427.109 49=1.410,515
10,398.800 452,720,433
19,833,900 434,903,904
18438,400 516.297,775
19,236,000 501,321,270
19483400 400,417,429
10.290.900 413,893,7=18
19,512.100 8119,873,657
19,615.500 461,180.657
19.686,100 428.859,559
19.721.200 487,843,450
19.797,000 503.108.030
18,688,100 546,798,635
19,688,000 591,290.770
19.685,400 598,230,301
I9.8V1.600 329,996,836
" 409,7 -0.S95
19„S09;400
19.977,800 472,828,088
80,056,800 45O.0S1.O41
81.156.800 456,961.901
80.371,300 432,7=15,690
19,785.01X1
AND OTHER CITIES.
do
39
41
•»
143X 144
..
t
Suaquehanna
RAILROAD BONDB.
7=MO. l 896
.
9io
i
i
Inc. 78, end.. '91.
Belvldere Dels, ist m.,6s,1902.
A,,cghC n yV.U
ao
do
2d m.
68. '8
1..
31m. 6s, '47..
do
Camden ftAmboy 63.coup,'83
'89
SRUURITIKS.
BOSTON.
Maine
I
Bid. Ask.
tartford * Erie 7s, new
Ka*.<-Hy.8t. Jo.&C. B.s.
9
New York ft New Erg. is .. I03M 106%
es
.
Hampshire 6s
few
•rmontfs
105
'
l-'densnurn
ft
Lake
Cli.se...
Did Colony, 7s
_....
Msasachusetti 5s. gold
do
«s
......
Uoston 6s. currency
OtrnhtAS. Weitern. 8s ....
do 5b, gold
Pu-blo ft Ark. Valley, Jb
Chicago sewerage 7b
8s,
mort
Rutland
1st
Municipals
do
Vermont it. Canada, new 9a.
Portland ts
VermontftMass. iil(.,6s ...
A let. A Tcpckalft m.7B
113)» 114
STOCKS.
do
land grant's
113-t,
do
2d 7b
Atchl>on ft Tol>eka ..
18V4 114
land Inc. Ha 1.1-.
do
109
llo.ton * Albany. ...
Boston « Albany 7b
Boston ft Lowel ...
do
ts
Boston ft Maine
Boston* Lowell 7s
Boston ft Providence. ...
IiosK.n ft Lou ell es
liurlingt'in * Mo. in Neb.
Boston* Ma1ne7s
118
119)4 Cheshire preferred. ...
boston * Provldencj 7.
(hie. Clinton Dub. * Mln....
Burl, ft Mo., land grant 7<
Ctn. Bandusky ft Cley
113
do
Neb.Bs
:uo
Concord
do
Neb. 8s, 1«1
Connecticut River
Conn, ft PassutripKlc. 7>, 189..
Conn, ft PassumpBtc
aastern, Mans., »ha, new,
Eastern (Mass..
7SX
Fltchborg KB B
Eastern (New Hampshire).
do
7b
11814=
Fttchhurg
gan. lltyTop.* W., 7s. Hi
113k 11414 Kan. City Top. *. Western...
7». Ini*
do
do
Manchester ft Lawrenea.
102X
Ilelaware mort., 6s, various.
190-.
lis
IV! ft Bound Br., 1st. 78."88
oO
...
Hanlsburgntmor* 6s, SL.
H. ft B. T. l«t m. 78, g )ld, 90
2d m. is, gold, 95. 105
3dm.conB. 7s, 95*
Athens 1st g d, ,s„-5
Junction 1st mort. S"s «• ••••
2d mort. 68, 1900 ... ...
do
1st tn.. 7s g.«
..
I.. Sup. ft MlBS.,
Lehigh Valley, I8t.6s,cp., 1S98 ....
do reg., I89j... 113
do
do 2 m. 7s, reg., 1910 122?,
do cou. m.,6ijg.,1948 :06
68,- p.,19 S
do
do
do
do
lthacaft
•
'
L
.
.
'68)4
1UJ«
113
I15H
US
117T4
28
S<
I
I
*9
40)4
I
141
43
[16M
,
i
I
113
1
110
do
do
3914
do
do
do
do
Hamilton
oo
do
Cln.
Cln.
"i
17
1
32
80
1'8)V
107>4
119
lol
'92,
F.
ft
110
90
•05
110
A
89*
t
7b
103
t
TSOb
South. RR.
do
T
7-308.
6?,
gold
Co., O., 6b. long.,
t
.t
7s,
2d m.
Ham.
ft
ft
78, '35 1
Ind., 7s, guar....
Indiana
=st
m. 7s
119)4 120)4
103
112
U8)J
115
M
....
108K 10
Cp., 190!i.:107!^ 107;1<
68, rg, '61
water
water
wharf
do
do
do
do
TOO
100
32)4
112
27)s
101
ISV1LI.H.
t
t
+
LoulBville7s
6s,'82t0'87
do
6s,'97to'94
do
80)4
...I
Pe n. o ,6). reg
Perklomen 1st m.6J,coup.,'9I
Phils, ft Eric 1st m. 6=8, cp., 81. 105)4107
2d m 7a.cp..'S8. 110 |U8
do
6s. '87 to '89 t
stock 6s,'97.t
6s
+
spec'i tax6s of
Loulvllle Water
Jeff. M.ftl.lst m.
6s.
'39.
Co. 19o;t
(1«M) 78,'8it
3d m., 7b
do
do
I8tin.,78, 1906. ..t
Loulev. C.ft Lex. 1st in.7s.'3ii
Louis.* Fr'k.,Loui8v.ln,63,'8
Loulsv. ft Nashville—
Leh. Br. 66, '86
1st in. Leb. Br. Ex.,78,'80-35.1
'
Lou.
In.
do
6s, •»$.
.'
Mad. * Ind 8tock
ST. I. (>1 18.
long
68,
+ 104)4
Louis
'4S-.4?
d>
water 6b, gold
tUOSH
do
2dm.,7B, ,p. (=
do new.t
do
do
deben., cp.,'St'
bridge appr.,g. 6s t
do
cps. ,''=do
gold,
ren-wal,
6».t
do
scrip, I8S-.'.
67)4 6 J
sewer, g. 6s, '9,-8-S.t
69
"n. m.7s, cp.1896 68
111*8 St. Louis Co. new park,g.6a.t
c=)na. ui
B, cp.,191!.. HI
cur. 7b
1
do
rg.,19:i..
111)4 118
cous. m. s,
PhIla.*Read.l8tm.68,'43-'l»
do
do
do
do
do
to
do
do
Cln. 7B,
ft
I.lll
acrip
COns.m.68.
Navy yard
08*
140
5
2d in. 7b, '.7. +
do
Colum. ft Xenla, let m. 78 '90
Dayton ft Mich. IBt m. 7e. '81+
2dm.78.'84.+
do
3d in. 7s, '88+
do
Daytonft West. 18tm.,'6i...t
110
1st m., 1995.
do
.VI
lBt 111.68,190.:
60
Ind. Cln. ftLaf. 1st m. 7s. ...
do (I.ftC.) lstin.7a,'8>+
+
Little Miami 6s, '83
Cln. Ham. ft Dayton stock.
Columbus ft Xenla stock
Dayton ft Michigan stock....
8. p.c. Bt'k, guar
do
106)4 Little Miami stock
,
i
10944
1'.4
1st m.6s, cp.,'85. 107M
2dm.7s,cp.. 96. lla 119
do
do gen. m. 7s, cp., W03 ... no
do gen. m. 7s, reg, 190: .... 115
80
e4
Creek l»t ul. 7s, coup..'8:
Pa.ftN.T.C.ft RR. 78,1894 ..
I'eunnylv., lstm., 68,tp.,'80.
gen. m. 6s, cp.. 1910
do
*en. in 6b, g., 19.0.
do
cons.in 6-,rg.,1905
do
108
183
116
103)4
—
do
Little Schuylkill. 1st m.79.'«!
do
Sf
117
120
117
117
lto5yrB..t
7&7-S0s,long.1
Cln.ft Cov. Bridge st'k, pref
m. 7s, '80
let
Cln. Ham. & D.
new 7s 1900.
do
Connectln* 6s. 1900-1904... j. 109
CharuersVal.,latm. n.C.,190.
Oil
rltlsb. Tltusv. *B.,78,cp.,'96
:o«
:)6
116
Connellsvllle..50
Cincinnati 6s
;....
Burlington Co. 6s 97.
Catawlssa 1st, ,8. conv g.
chat, m., 10s, 88 .,
do
North. Penn.
U5
118
CINCINNATI.
107)4
10l)|
ft
,
113
2d, M.ft N
do
37M
8s,Sd, J. ft J....
15
do
Union RR. 1st, guar., J. ft J ins
Canion endorsed. 108
do
U3); ItSM
MISCELLANEOUS.
Baltimore Gas ecrtiheates... 100
35
I3)a
HUJ4 111). People's Gas
*
EastPeun. IBt mort. 7s,
El ft W'msport, itt m., is,
5s,perp ...
do
II 9
111
W.
Mar.
"jig
6s, coup.,
194 !.. .
mort. 6a, '89. .. 112 '113
Atl. 1st in 7s. g., 1903 USX'.. .
21 ra., Is, cur., 18,9 108),
do
Cam.
110
105
il'K
—
do
do
Cam.
10)
do 6s, gld.1900. J.&J.
Cen. Ohio 6s, 1st m.,'90.M.ft 8
W. Md. 6s. IBt in., gr '90,J.ftJ
do 1st m., .890, J. ft J...
do 2d m., guar., J.ftJ
.....
do 2d m.,pref.
do 2d m.,gr. by W.Co.J AJ
do 6s. 3dm.. guar., J.ftJ.
133
.'o
17
108
115
Ohio 6s, 1880, J.ftJ.... ICO ,103
6b, 1885, A.ftO. .100
I109W
Va. 3dm..guar.,'85,JftJ 101
PltUb.ft Conneirsv.78,'98,.' tJ 106J4=lli7M
Sorthern Central 6s, '85, .'&J 106),
68,1900, A.ftO 109
do
K.
24*4
Pennsylvania
^hTylkiirKavlgatlon.„.
ft""
1
do
Delaware Division
Lenlgh Navigation
pref
110
107
BA1LBOAD BnNDS.
WeatJersey
Morns
*
107
Bait, ft
10)4
1
•aoraiTixs.
Pittsburg
'.'.'.
Ba Itl-nore
Pltt-hure Tltusv. ft »"?•-•
R.u. Com
St raul & Du uth
«o P « f
oo
19*8
Maryland 6a, defense, J.& <L.
6s, exempt, lb87...
do
6s, 1890. quarterlydo
5s, quarterly
do
Ba'tlmore 6s, .SSI.quart
do 68,=8S6, J.ftJ
do 6s, 189J, quarterly...
do 68, park, 1890, y.—M.
do 6s, 1333. M. ft S
do 68,exempt,'d=j,M.&S
1900,J.ftJ
do
1304,J.ftJ
do
Norfolk water, 8s
KA1LSOAD STOCKS. Par.
1*
Bait.* Ohio
Wash. Branch. IOC
do
Parkersb'g Br. .50
do
50
Northern Central
50
Western MarylanJ
Central Ohio
:;••,.;•• 2=!
Chesapeake* Delaware
86473400 38.155,400 210.737.800 10,993,400 408.903,425
19,909,400
19.961,000
20.007,000
80,058,800
20.141.600
20.077,000
19,576,700
838415.5TI
Dec. 21...
Dec. 88...
ism.
Jan. 4...
Jan. 11...
Jan. 18...
Jan. 25...
Feb. 1...
Feb. 8...
Feb. 15...
Feb. 21...
Mar. 1...
Mar. 8...
Mar. 15...
Mir.
„.
,
CAKAL STOCKS.
309,753.100
207.184.800
806.7J7.200
207.058,600
206,131,400
203.025.600
203,209,700
7...
14...
Dec
Bait. 6s. '84
lnc.ftl.gr is 19 '.5
do
Union ftTlluev. 1st m. 7s, '*= 47)4
UnltedN.J. cons. m. ds, '94
RAILROAD STOCKS.*
870,000
Inc..
808,500 Circulation
3,043,8001
38,939,800
40.S88.2O0
41,875,700
3t8.4:M,400
80
do
do
Calawltea ....
pref.....
do
new pref
do
Delaware 45 Bounl Brook...
1.731.=<00
8.013,000
25.405,400
23.414.400
88.887,400
20.188.7OJ
20,842,900
20.911.500
80,511,100
80...
Not.
Dec.
1=8
117
.
cmden 0> Atlantic.pref
Specie. L. Tenders. Deposits. Circulation. Aug. Clear
Loan*.
*
8
•
*
8
844411,800 84,144.100 40419,000 215,443.400 10,004,300 488,571.553
2...
9...
i«.
I"
.
Wllm. ft
Pllts.Cln.&St. L. 7s. cou., 1«K 1=;8«
Shainokln V.ft Pottsv.7s, 1901
Stcubenv. ft ind. 1st, Os, 1884 i»:i-;i, 104H
79
Stony Creek let m. 7s I907...
Suoh. Usz. * W..lst m..5s,'2l
Snnbury*. Erie 1st m. 7s. 97.
Texas ft 1 ac. 1st in ,6a, g..l*'=i
cons m..6.',g..]90j
do
103
''J-''
following are the totals for a series of weeks past:
iam
Phlla.
. . .
.
lll« Warren* F. Ibi m.7», '9*.... '84in 85)i
West Chester cons. 7s, '91. .. 100
do
K.7
I*"-*,
reg..
West Jersey 6s, deb., coup.. 8o 107
15-25.
«s,
do
tst m. 6s, cp.,
do
do 6s, In. Plane, reg.,13*
111
1st m. 7s, '9J
do
Pbtladclpnl»,58 reg
es.olii.reg ...
Western Penn. KB. 6s, p. '.8119 13
do
9.
to
B.,'96. 101
prior
Cs
P.
do
«s.n.,rg..
do
do 6B,n.,rg.,l-i=»5*ove> 120«
CANAL BONUS.
Allegheny county 5s coup..
Chesap. * Dela lst6», rg., m
vlleglieny City 7t. reg
Delaware Division 6s, cp.,
1913.....
coup.
4s,
HtuDurg'
Lehigh Navlga. m.,s», reg., si ic
5s, reg. * cp.. 191
do
do mort. UK., rg.,9. 10
is, g"ld. reg... ..
do
(lom.co.T.g., r.g..'sii i0i>4
111)8
7s,w't'rln,rg.*c
do
mort. gold, »7... io2
do
104
SS-3S.
!«g
.10 7s, ilr.imp..reg.,
do cons, m 7b, rg, 191!
coup.,
S Jcrsey6B.rcg.and
Morris, boat loan, reg.. '885.
exempt, rg.* coup
do
Pennsylvania 6s, coup., '.810..
coup
6b,
County
Camden
ScliuylJt. Nav.lst in.6s.rg., 97
....
Camden City 6s couponcoup
ad m. 6s. reg., 190
do
72X
7s, reg. *
do
do 6s, boat*car,rg.,U'.S
......
coupon..
»s,
Delaware
(B,boat*car,rg.,19 5
do
coupon
Uio-rlaburg City 6s,
Susquehanna 6s. coup.. =9.8.*
:
The
10SX
STATE ASD CITY BONDS.
I
Lecsl tenders
is*
60
5-1
M,l
renna. 5B.g'd, int .reg.orcp
do 3s, cur.. rcj .... ...
111
do 5s, new. re*..13>jM~••«•
«s, 10-15, r«g., l-i
The deviations from returns of previous w«ek arc as follows
pec 863.400
Dec. 88426.100 Net deposits
Loans and discounts
Inc..
Inc..
.
185
pilltADELPHl't-
00.800.800 253.575.500 19,080.400144.002.000 886.113.600 20.371.300
Specie
&
.
8.881.000
70,00!'
8.480,0a.
15.785,700
11=6.000
1,643,'IUO
8,038.40(1
339.900
450.300
894.000
1,000.000
'
9.1 08,1 190
B.rt68,8O0
7V8,00(i
8,740400
4,030400
1,488400
WB.000
840400
North Hirer
850,000
Hirer
100.000
Manuf'rsft Iter..
Fourth National. 3.800.000
8,000,000
Central Nat
300.000
Second Nation '1.
750,000
Ninth National..
Orocers'TT
1.104.000
203.300
804.000
1000,000
Marine
1.87O.8O0
54.001.
87.400
84,800
304,000
-.'.171.001
aoo.ooo
100,000
Oriental
117.000
504.100
los4'h'
81.000
538.100
184.800
456.000
108.000
1,517,400
1.008.700
800.UCXI
3111.000
518,800
479.400
kii.uk>
310.100
ns.ooo
106.H0H
uum,ooo
1,000,000
600,000
500.000
Nassau
Market
2.700
4.607400
1,000,000
B00.000
3.000.000
lrrtrut
847.500
371,100
1)09,700
529,30X1
7784011
1.9I9.HXI
198,(XXi
Pull'i a Palace C«r.
Puei.lo* ark nsas
Hutlatd, preferred ..... ....
Vermont* Massachusetts
Worcester * Nashua
689.000
1.003400
920,000
1,541.000
5.397.201.
1.388.700
I.OOO.lXXl
i,owi,niii
1.100
1.130,800
10.955.200
8,984,000
1.7 18.20H
404,800
108,800
1
8J0.300
Kxcli.
774,700
111.990
KOO.MSil
Mercantile
Paclnc
6,948400
l.MXI.UW
801.500
818,000
.',83.000
a».ooo
Broadway
.809.000
1,790.00(1
i.iai.ooo
Commerce
257.000
202,100
154.800
190.900
30.000
aon,oou
•
(34,000
8,041.000
1,508.700
3.
400
7S400
884400
«u.«x>
1,IHH«I
utchera'ADrvv
Mechanics' ft Tr.
Greenwich
Leather Man'f'rs
Seventh Ward
Importers'
1
England...
llsnipshlre
PortfinSl&Vi Portsmouth
44,500
189.000
101H 101«
K. cons.m.dSjg.l.lSU
do conv. 7s, lOW7s, coup, off, ^3
do
Phll.ftl.'.Coalftlron dcb.7s.vi
deb. 7s. cps.oc
do
do mort., 7s, 1882-3
Phil.
.
408.800
0.018.500
1.018.
4,069.100
5.818.000
6,113.800
Aik.
SKCrRITIBS.
Ask.
.....,.."••
Norwich 4 Worcester .....
ogdeusu. * L. Cliainplalu
pref.
do
8,946,801
6.880. 100
ll.l3o.ooo
:
Sallatln Nallon'i
Metropolitan
CilUens'
I
1U5,«>«>
Kulton
American
mH
....
in
.'•"
Sew York * Sew
Northern of New
Net dep'ts Circulal.tlllT
tion.
Tenders. than 1. S,
I
PHIIilDBLPIIia., Bte. -Continued.
SECXalTIKS.
Nashua* Lowell.
ttt
.
[Vol. XXIX.
it.»Mi>N.
following eiatement bIiowb the
of New York City for the week
bunion, on June Z», lcU»
Average amunnt of
Capital.
Bank*.
Not.
.
THE CHRONICLE
12
i;-
..
. .
li defan'.
.lefferaon
101)t'|
St.
t
Per shire.
t
*nd Inters.
80
—
..
I
July
.. . .. .
. .
. ..
'
.
...
.
'.
.. .
.
U. 8. Bonds and active Railroad Slock* are quoted on a previout page.
WATE
,
BECUI1ITIKH.
ii
1
1
urn u
6s,
Rid.
13
fls,
£
0s,
7s,
6s,
8s,
8s,
8s,
7s,
8a of 1892
89 of 1893
Class A,2to0
Class B, On
Class C,2to5
fu
mlecl
4
4
4
4
UK
Connecticut- 6s
Georgia— 6s
fl
6
7s,
6
6
106
(Is,
108
new
endorsed
gold
penitentiary
levee
do
do of 1878
"-
Hannibal
A
do
do
do
40
3t%
32M
Keokuk
ft
do
Louisville
ft
do
Mobile
ft
do
1st pref
do
Ohio
2d pref...
Chic, spee'l.
Rensselaer & Saratoga
Louis Alton & T.
miscellaneous
Adams Express
102
10
do
&
American
do
do
MM
&
1st, con., f, cp.,7s
2d,con.,f.cp.,5s,"
St. Jos.—8s, conv
&
Ind.. s. f., 7s.
Tol., sink. fund.,
new bonds.
do
Cleve. P'ville
.
.
Consolidation Coal of Md..
Pennsylvania Coal
Mariposa L'd & Mining Co..
do
do
pref.
Ontario Silver Mining
Homestake Mining
Standard Cons. Gold Mining
Pullman Palace Car
304
ft
ft
Kal'zoo
ft
Erie,
ill',
l'-' :1
114Jf
15k
,
31
80
W.D.
1st,
..
01
93*1
1....I 95,
....
100
92
05
...J105
101
&
Tol.. 1st, 7s, 'oo.ex cp.
111. ft So. la., 1st m.7s,excp
West. Un. Tel.— 1900, coup
1000. registered
U04
INCOME BONDS.
Central of N. J., 1908
Lch. ft Wilkes B. Coal, 1888
St.L.I.M.&8..1st7s,pref.int.
ll'ii
105
118
do 2d
Chic
U01M
U.8JK
35
88
30
1844
04
86? i
30
88
BO
744
it V*
SB
SI.I.ViHiili.llHA'I'.ll.-lrtlll
1115
class
C
Ilr— 6s. gld
So.
m
m
B
B
100
oo"
inn
KM
10s
Ml
104
HM
60
70
111
Kl
N. Carolina— New 4s
02
So. Carolina -Con., (Is (good)
Rejected ihestsort)
Texas- fls, 1892
M.AS +108'
7s, gold, 1802-1910 .J.A J. 110
7s, gold, 1904
in
J.A J
10s, pennon, 1804... J. A J
tap
Virginia— New 10-40s
49
CITIES.
Atlanta, Ga.— 7s
8s
Bonds, C
70^ 714 Memphis—
Bonds, A and B
40
Endorsed M. A C. RR.
.674 (174
105
8s.
6«,
+107
6s,
1108
115
+1I3«
114
+112
+113
115
115
45
55
44
W
111
15
15
15
coupons on
funded
20
5s
40
.
M
so
80
new
New Orleans— Prem.,
+I13H 114
+114
Consolidated,
Railroad, 6s
65
60
60
to
Nashville—6s, old
108
B
112
112
100
ISO
102
1(17
110
97
102
105
107
BOH 61
10
Compromise
Mobile— 5s, coupons on
U2KI15
.
:..
Water works
Augusta, Ga.— 7s, bonds...!
S. C.-Stock,6s
Charleston,
7s,F. L
Montgomery— New
New 3s
(1%
105"
99
Columbus, Ga— 7s, bonds..
Macon— Bonds, 7«
QuouMohb.)
Detroit— Water works,
Elizabeth City— Short
87
7:t
St.f,.AS.E.-Cons., 7s,g.,'94
<lo
.
1094 112"
47
7s, sewerage
7s, water
7s, river improvement
Cleveland— 7s, long
1112''
1108
2d mort., 7s, gold
Nashv. & Decatur, 1st, 7s 104
Marietta ft Cin.— 1st mort.
89
50
70
42
n
CITIES.
-Mill
•:«i
STATES.
1H7
St.L.ft N. 0.,2d m.,1907
Albany, N. Y.-Os, long
Buffalo— Water, long
Chicago—6s, long dates
110
m
II
M
57
„. .
Union Pac,
55
{lirokerH'
J.-lst
(
miHecIlanconsi List
100
ft
San F.-2d m.,clan A
2d mortgage, class
-
accum'e
Int. ,6s.
St.L.ft
2d mortgage, guar
iosG Sand. .Minis, ft Newark— 7»..
|1154 South Side L. I.)-lstmort
South illnn.-lst m., 7s. '88.
84>4
1st mortgage, 7s (pink).
50
Extension
108
Tol. Can. S.A Det.-lst. 7».g
j lis
Union A LogansiKirt— 7s...
108]
111)
Tol.&Wah.— lstext.7s,ex cp.
O.
Peoria Pekln
114
Ili7
Equipment bonds, 7s, 1883
Consol. conv. ex coupon
Gt. Western, lBt m., ex cp
do 2d m.,7s,'93,ex cp
76Js
87*
(Jlroler*' Ount-iUotu.)
1st St. L. dlv.7s,ex mat.cp.
2d mortgage ext.. ex coup
75«
deferred
I), of Columbia—360s, 1024°
Small
'
Southern Sceurltle*.
Bur. Div.
1st pref. inc. for 2d mort.
1st inc. for consol
1st 7.MQ04 1116
lst,7s,'1906
Lake8hore Div. bonds...
do
cons, coup., 1st
do
cons, reg., 1st..
do
eons. coup.. 2d.
m>4
do
cons. reg.. 2d
38
Louisv.A Nash.—Cons. m. ,7s
116)41
mortgage. W.D
Burlington Div
2il moitgage. 1KS6
do
do
116
State Line, 7s.
W. Pigeon, 1st
income
&
Consol., 7s, 1010
Pur. ("om.reo*pts, 1st, E.D
112
1..
bds.
.
i
108K
Ill
new
I, .ft lrou Mount'n
1st m
mortgage
Arkansas Br., 1st mort
Him ft Fulton, 1st mort
Cairo Ark. & T., lBt mort
St. I,. K.C ft N.-R. E.& R.,7i
1st
91
,V,i,
consul., 2d series
STOCKS AND BONDS.
do
130
105
.
scries
Itegistored
Belleville
So. 111., 1st m.
Spring. V'y W. Works, lst6s
Tol. Peo. & W.— 1st m., E.D.
tluli'
new
1st mort., sterling
m
3
2d mortgage, pref
112
100
(Is.
2«
1881
(Is,
new
0s,
j
Oinatia Div., lsttnort.. 7*
104
St.Chas.B'dge.lst, 7s, 1008
104}< 104M
.North Missouri, 1st ra., 7s
1074' 108
St. I,. Alton &T. H.-lstm.
Ash., old.
.
37
Railroad Bonds.
Stock Exchange Prices.
Bost. H. & Erie— 1st
1st mort., guar
Buffalo
Buffalo
NPtMnn AT
Det.Mon.&T.,
American Coal
&
do
37J<
Gold ft Stock Telegraph.
Canton Co., Baltimore
1014 102
m
Lake ShoreMich S. ft N.
Cleve.
pref.
Pacific Tel
District Tel
101
mi
lll.Cent.-Dub.ftSiouxC.lst
Dub. ft Sioux C, ail div.
VBBM
Cedar F. & Minn., 1st
Oulcksilver
Atlantic
1st m., 1016
N.Y.L.E.ftW.,n.2d,con.,6s
Han.
106
United States Express
Wells, Fargo & Co
i
bonds.
N.Y.&E,
Buff.
ts
St'lts
American Express
Long Dock
VO.H 1024
90?:;
too
guar
2d mortgage, 7s, 1879
3d mortgage, 7s, 1883
4th mortgage, 7s, 1880 ....
5th mortgage. 7s. 1888....
7s. cons., gold bonds, 1920.
ex coup., Sept., '70 ft prev
1284
do
do
pref.
Terre Haute ft Indianapolis
United N. J. RR. & Canal
5
2il
1st, coup
Erie— lBt mort.. extended.
H
8t.
ii;
M.
110
lOHfcMOH
do
1st, reg.
Denv.& It. Grande— 1st. 1900
. .
Nashville Chat, ft St. Louis.
Now Jersey Southern
N. Y. Klevated.ex prlv
Xl25
N. Y. New Haven ft Hartf
Ohio ft Mississippi pref
ft
1st con.,
Rons. ft Saratoga,
l.V,
& On.,
Pitts. Ft. \V.
n
.
Manhattan
Marietta
Ohio
const nict'ii
Coup.. 7s. '04
Reg. 7s, '04.
1st Pa.dlv.,coup., 7s, nil?
oik 02
Nashville
A.&O
.
new
Vlrglna-««,old
6s, new, lfiflO
6s, new, 1867
6s, consol. bonds
6s, ex matured eoupun..
f
J
ham UK
HIISCEI.L.A MKOUS
do
reg., 7s. 1917
^Albany ftSusqueh., lstm.
do
2d mort..
do
3d mort..
94 104
Laf
Dee Moines.
do
pref.
Ind. Cin.ft
108!,'
do
do
Harlem
ft
^
W..
6s,
6s.
Special tax, class 1
do
class 2
do
class 3
104
7s of 1871
1st con.,g'd..
llel.A Hud.Canal— 1st m.,'84
1st mortgage, 1891
do
extentleil
Susquehanna
.
bonds, J.
do
Clint
Morris ftKss'x.b'iuis, hkki
Riillroad Stocks.
BOBton & N. Y. Air L., pref
Burl. Cedur Rapids & No.
Chesapeake ft Ohio
do
do
1st pref.
do
do
2d pref.
Chlcagoft Alton, pref
Chicago St. Paul ft Minn...
Dubuque & Sioux City
Funding act, 1866
I-andCom., 1889, J. * J...
d
,
A * "
7.of
'"
.Niin-rundahle
Tennessee— 6«. old.
J.AJ
int.,
Bid.
Jan. * July
April ft Oct
6s. 1886
{Active preciously quoted.)
ft
lot
107
'.12
St. Jo., 1880.
RAILROAD AND
Mbany
Now
1014
1054
1889 or '90
Asylum or Univ., dm*
Funding. 1804-05
108
in;!',
U
South Carolina-Jig.
do
A.&O
do
coup, off, J. A J.
do
coup, off, A. ft o.
Funding act, 1806
do
1868
104
par mau
Hecuhitie*.
A.&O
Ho. Car.
112
duo 1888
old,
(is.
ni:i"
the
Rhode Island—Os.coap.'M-v
do 1802
6s, do
1893
North Carolina— 0s, old.J A j
474
1800
Bid.
St. Jo.,'87.
York-fls, gold, reg.,'87
gold, ciuiii., 1887.".
0s, loan, 1883.
0s, do
1801
SO
20
20
20
20
Bs, iluu
110
Illinois— flu, coupon. 1878...
(is,
floating debt.
Missouri—Da. due issaor'83
8a, due IHsfl
6s, due 1887
fl
4
new
new
Of 1910
consolidated
7s, small
Michlgan-Os, 1883
V-
7«, L. Rock ft Kt. S.-otI Ira
7s, Momp. ft L. Book
7s, L. It P. Ii. ft N. o. Kit
7s, Miss. O. ft 11. It. KB...
7g, Arkansas Central KK.
7s,
78,
7s,
New
Louisiana—Os
KR.
8s, Montg. ft Eufnula
86, Ala.
Chutt. Kit
whaUter
'
Missouri— Man.*
Kentucky—Os
valiie,
BONDS.
HKCIIItlTIES.
Illinois— War loan
1883
lusa
8s, 1886
8s, 1888
~"
NEW YORK
Price* represent the p er cent
8ECUU1TIE8.
fin,
A rkansas—+ls,
.
THE CHRONICLE
5, 1879.]
QUOTATIONS OF STOCKS AND BONDS IN
A
.
5s
31
fls
M
Norfolk—fls
Petersburg—6s
100
iou
1 hi
lag
Richmond—Os
Savannnah— 7s,
7s, new
75
70
TO
20
20
20
35
25
25
20
50
50
BO
00
88
S3
20
Il(>
104
Long
Metropollt'n Elev— 1st, 1908 10.V.|. 105%
old
71
Hartford—6s, various..
Mich. Cent.—Cons., 7s, 1002 1118M 120
102
109
71
Indianapolis— 7'30s
1st mort., 8s, 1RS2, s. f.
tioo
Consols, 5
Oil
llOJs 111
105
Long Island City
Equipment bonds
+00
I06" Wiun'ton.N.C—Os, g., cp.on
100
Mo.K.&T— Cons.ass..l904-6 70Js 70J< Newark City— 7s, long
8s, gold. coup, on
+109
111
6s, gold, series B, int. def
42
Water, 7s, long
2d mortgage. Inc., 1011
+114
324 32*
116
RAILROADS.
6s, currency, int. deferred
Oswego— 7s
H. & Cent. Mo., St.. 1890.
+101
1024 Ala. AChat.— Rec'rsctfs ,var 20
19H 8]
60
105"
Chicago & Alton— 1st mort 11;-,',,
Poughkeepsie—
N. Y. Central-6s. 1SS3
Water.
+112
115
Atlantic A Gulf— Consol
xlOO 102
Income
1044 1064
Rochester— Water, 1903.
106
6s, 1887
+118
115
Consol., end. by Savan'h..
30
40
Sinking fund
Toledo— 8s, water, 1894..
106J4;107
6s, real estate
J104J.
Cent. Georgia—Cons, m., 7s 108
112
Joliet & Chicago, 1st m.
6s, subscription
7'30s
Kir."
1KW
t ...
Stock
64
TO
Louis'a & Mo., 1st m.. guar 107 "Ill6"
+111
114
N.Y.C.4Hud.,lstm.,cp. 124 1254 Yonkers— Water, 1903
Cnarlte Col.A A.—Cons., 7s 07
TO
do
2d 7s. 1900
97^ 101
do
lstm., reg. 184
2d mortgage, 7s
L
75
72
St. L. Jack. & Chic. 1st m. 111
Huds. R., 7s, 2d m., s.f..'85
1104
RAILROADS.
East Tenn. A Georgia—6s.
xBO
Miss. Riv. Bridge. 1st. s.f.Osjl 103
Canada Smith., 1st, Int. g. 86M
Atchison ft P. Peak—fls, gld I0B
E.Tenn.A Va.-6s.end. Tenn
95
Chic. Bur. & Q.— 8 p.c, 1st m
Harlem, 1st m., 7s, coup..
1244 Bost. A N. Y. Air-L-lst
E. Tenn. Va. A Ga.-lst, 7s. 100
106
1124'
Consol. mort., 7s
116
do
1st m., 7s, reg
California Pac— 7s, gold
Stock
X105
5s, sinking fund
N. Y. Elevated-lst. 7s. 1900 112«
0s, 2il_mortgage, gold
Georgia RR.-7s
xflO
xiifs'
118
Chic. Rk. I.& P.-fls, cp.,1917 113' US<4 Ohio ft Miss.— Consol. s. fd
1 12
Cenl. of la.— 1st m., 7s, gold
6s
XlOl
72
100
6s, 1017, registered
113
Consolidated
Stuck
1114! ChIo.ACan.So.-lst m..g.,7s
50
574
70
Keok.ft Des M., 1st, g.. 5s.
95
2d consolidated
Greenville
02J4 92% Chic A East. 111.— 1st m., 6s
Col.—
7s,
91
A
1st m.
Central of N. J.— 1st m., '00.
45"
1st m.. Springfield div ...
507s, guar
2d mortgage, Inc., 7s
53
1st consolidated
Pacific RailroadsMacon ft Aug.— 2d, endors. 07 100»
Chic St. P.A M.— 6s, g., new 102 1113
!'•->-•<
do
eei*
assented.
Central Pacific—Gold bds. 109M 1099s] l„ Land grant, 6s, gold
Memphisft Cha'ston— 1st, 7s 100 lot
84
86
Convertible
SanJoaquin Branch
....
hCllic.ft
Smith
2d,
7s.
101!4i
west.— 7s, guar 108 llo
X76
70
do
assented
084
Cal. ft Oregon, 1st
90 '10041 Cin. Lafayette ft Ch.-lst
Stock
7
80
S
83
Adjustment, 1903
State Aid bonds
45102>i 102«
Memp. A Lit. Rock— 1st, 4s. 40
BB
95
*!9A^.i •••• Cin.ft Spr.-lst.C.C.C.Al. ,7s
Lehigh*. VV. B.,con„g'd ..
94 ilOO
10241 ....
Lund grant bonds
1st m.,gd L.S.AM. 8
Mississippi Cent —1st m.,7s 101
101
101
do
assent'd 169
Western Pacific bonds. 102 ,195
2d mort., ex coupons..
105
Col.AIIock.V.-lst,7s,30yrs +1044 100
Am. Dock & Impr. bonds. Ml
BE
South. Pac. of Cal.— 1st in
Miss. A Tenn. 1st m„ 8s, A iS* 11(1
nil
1st, 7s, 10 years
(90
do
assented
82
Union Pacific— 1st mort., lOOXi 100),
4112
1st mortgage, 8s. B
2,1. 7s, 20 years
115
XS8
92
ChicMII.&St.P.-lst.ss.P.D 1 187)4
Land grants, 7s
1134 111
Mobile
Ohio-Sterling,
I)an.Urb.Bl.Al'.-lst,7s,g.
A
75
86
8s
BB
2n mort., 7 8-10, P. D
in;
Sinking fund
114^ 1141; Denver Pac.-lst,7s,ld.gr..g 62
Sterling, ex cert. ,0s..
75
85
70
1st m., 7s, t gold, R. D.
1110]
Registered, 8s
114 .115
8s, interest
Erie A Pittsburg— 1st in., 7s 105
60
TO
1st m., LaC. Div
tumi
Pacific Kit. of Mu.-lst m.
fid mortgage, 8s
12
15
102
IMBf
1st m., 1. &
no
2d mortgage
lOOitf 110
7s, equiiiment
New 1st mort gage
86
88
85
90
1st m., 1. & D
1108
Income, 7s
Evansv. A Crawfordsv.— 7s 102
New
debentures
37
40
lstm., H.& D
1st m., Carondelet Br
N. O. A Jacks.-lst m., 8s.
xl08 HO
EBvansv. Hen.
Nashv.— 7s
50
1st m.,C.
65'
U1X South Pac. of Mo.— 1st m. 06 08 Evansv. T.H. AA Chic.-7s.g.
Certificate. 2d mort., 8s... 103
105
55
Con. sinking fund.
1054
Kansas Pac— 1st in. .lis. '95
Flint ft Perc M.—8s, I'd gr't 100
Nashville Clmt.ft St. L.-7s. 101
108
107
2d mortgage
1st m.,0s,'95,wit!i cp.ctfs 113^
Culv. Hous.A H.— 7s. gld,'71
1st, Os, Tenn. A Pac Br...
944
80
SB
lstiu.,7s, I. & D. Ext. ...
05"
10«8
1st m., 6s, '06
1st, 6s. MeM.M.W.AAl.Br.
Gr'nd R.&Ind.— lst,7s,l.g.gu
103
02
99
Chic, ft Northw.-slnk. fd.
112
112',
113
do
Norfolk
108
with coup, ctfs
1st. 7s, Id. gr., not guar.
A Petersh— 1st, 8s.
91
80
Interest bonds
107
1st m., 7s, I.eav. br., 96..
1st mortgage, 7s
102
1st, ex land grant, 7s....
70
Consol. bonds
122H 1224
do
with coup, etfs
2d mortgage, 8s
BB
Grand River Val.-8s, lstm + 1034
1044 105
87
Extension bonds
lstm., 7s,R.&L.G.D'd.99
Northeast.. S.
llous.&Gt.N.— lst,7s,g..ctfs
1st m.,Si. 110
84
1st mortgage
li'i
H7
do
with coup, ctfs
Ilous. A Tex.
2d mortgage, Ss
100
1st, 7s, gld 104
Coupon gold bonds
114
Orange A Alex'a— lsts, 6s..
1st m., 7s, land gr't, 'SO..
06 no
Western Div
102
100
Registered gold bonds
2,1s, (Is
do
with coup, ctfs 1174s
Waco
044 BS
100
103
Iowa Midland, 1st m., 8s.
2d mort., '86
3ds,
8s
60
58
Consol. bonds
101
102
galena A Chicago, exten
108
do
with coup, ctfs
4ths, 8s
24
86
Indianim. BI. A
1st in
Peninsula, 1st m.,conv... 118
75" Rich. A Dan.— 1st consol.. fls 97 100.
Inc. coup. No. 11 iiti 1016 170
'._
ndianapolla
TO"
St.L.—
A
1st,
Chic, ft Milwaukee. 1st m.
Inc. coup. No. 16 on 1916
Southw. Ga.— Conv.. 7s. '80. IDS no
71
Indianap.A Vine— lst,7s. gr 100 105
Winona & St. P., 1st m
Den. Div. Tr. ree'ts ass. 1014
Iiiti-rniii ii.iml <Tex.>— 1st, 7s
Stock
84
87
105'
2d m.
„ „ « ao
Pennsylvania RR—
Int. II. ft (,'t. No.—Conv., aS. Carolina
1st m., 7s., x0»" irii"
23
C. C. C. & Ind's-lst, 7s, s. f. 116
15
7s. 1902, non-enjoined ....
50
Pitts.Ft.W.ft Chic, 1st m. 11234
Jack.L.AS.-8s,lst,"whlte" +108 166''
Consul, mortgiure
101
Savan'h
do
do
<!! m.. 11204 121
A Char,— 1st m.. 7s.
Long
Island— 1st mortgage. 105 1064
C. 8t. L. & N. O. Ten. lien 7s 1100
OO"
do
Cha'ston A Sav., 6s, end
50
do
3d m..
.... iMontclairftG.L.— 1st. .8, n.
50
35
do
do 1st con. 7s
X1I0 114
Cleve.* Pitts., consol.. s.f 11154 .... N.J. Midland— 1st, 7s. gold.
West Ala.— 1st mort., 8s
42
45
Del. Lack. & West.-2d
tldoji
2d mort.. 8s, guar
113
115
do
4th mort... 1107
...II
Sd mort
9
5
7s, convertible
Col. Chic. & I. C, 1st con.
PAST-DUE COUPONS.
1704 704 Now Jersey South'n— 1st 7s
Mortgrge7s, 1907
1
14"
do
2d eon...
234
1*- Y". AOsw. Midl'd— 1st in.
Tennesssee State coupons.] 20
Ii
Svr. Bh ih. ft N. Y.. 1st, 7s 1107
do Tr'tCo.ctfs.lstcon
till"!
70
53
South Carolina consol.
40
Receiver's certif's, labor.
Morris ft Essex. 1st
1123
do
do
2d con
22
Virginia coupons
20
50
53
do
other.
')
do
2+ mort.
|119
,
Rome Wat. ft o» — ^o- 1st.
571X Oswego *. Rorne 7s, unar..
100
do
consol. coupons. ..' 76
"T8
95
* I'liuM nominal.
+ And accrued interest.
No
price to-day these are latest quotations made this week.
*
35.4
34
Bur.Ccd.R.&Ni.rth.— lst.fw
Minn. & St. L., 1st, 7s, guar
Chesap.fto.— Pur. m'y fund
79
'
79',
.
1
.
.
1
.
'-'••!
m
I
—
>
m
,
m
N
'
.
M
&M
m
mi"
.
.
m
.
C—
C—
W—
1
MM
RR—
[
'
.
;
m
.
I
i
—
—
m
I
,
w*
I
—
.
;
I
,
*l
.
'
,,
.
THE CHRONICLE
I
NEW YORK LOCAL
XXIX.
[Vol.
U
SECURITIES.
Inanrance Stock List.
Bank Ntork Mat.
[Quotations by K. B. Bailby. broker, 7 Pine street.]
Com-»xi«».
Net
Co
M.#r« lha.pl S Kmomt
it not Sat*.
I
» AS
Capital.
Jen.
Par.
America*.-....
Am.Cxchaafe
|ow«nr
Broadwey
jBtna
Cnlnl
Com*
Atlantic
Chatham
1
ClUsens'
City
....
Con
Fifth A\.
:. '..
Brooklyn
17
Citizens'
BO
70
800/MO
1,000.000
Hanover
Imp.* Traders
LOO
IB
Hanover
[•taScttr'V"
BO
BO
Hoffman
Leather Manuf
Manhattan'.
Home
LOO
Hope
Manuf.AMer.'
Marine
Market
Importers'* T.
Mechanics'
Irving
Mech.
.Jefferson
'J.-,
Howard
Assoc'ii.
BO
00
LOO
BO
Mech'lcs 4 Tr.
M-Jcantlle
Merchants'. ..
Merchants' Ex.
Metropolis'.
Metropolitan ..
Kings Co.(Bkn) BO
Knickerbocker 40
Lafayette(Bkn
00
100
Lamar.,
Morravlilllv.
Nassau*
New Ycr*
N. I*. County..
N. Y. N. ixcti.
Ninth
Lorlllard
No. Anie-ica'.
North ttlver*.
Merchants'
Montauk (Bkn)
Nassau (Bklyn)
National
B
Lenox
.
.;....
SO
BS
Manuf.4 Butld.
Manhattan
LOO
LOO
Mech.4Trad'r«Mech'ics'(Bkn)
BB
50
LongIsl.(Bkn.)
Mercantile..
Oriental'
Pac lie'
lark
.
H
BO
BO
BO
87
People's*
N.Y. KqnltaWe 35
New York Fire 100
Pbenlx...'
N. Y.
Produce*
City 100
Niagara
BO
North Elver.... BB
Pacific
BB
St. Nicholas...
Seventh .Yard
Second
MioeA Leather
LOO
Park
Peter Cooper... 80
00
People's
Phenfx (Bklyn) BO
Sixth
Third
of N. T..
Produce Exch. 100
Tradesmen's..
Republic
West Side'....
I
The
column are of date
State banks.
due for the
June
for the National banks, and
14, 1879,
[GasQootauons by George H.
Gab Cohpamis.
Brooklyn Gas Light Co
Clilxens'GaaCo (Bklvn)
do
bonds
—
Harlem
J jrsey City * Uoboken
Manhattan
25 2,000,000
SO 1 ,200,000
1.C00
.'.'.
89
bonds
certificates.
New York
Williamsburg
do
scrip
Metropolitan. Brooklyn
Municipal
do
bonis
1st
1st
Seventh
H
Ave— stk.
mortgage
1,000,000
API.,
;
Var
Grant. Broker,
100
1,000
900,000 J.
694,000 J.
100 2,100,000
1,000
1,500.000
4
149
189
160
122
101
June,
Feb.,
Feb..
BO
102
55
82
05
18
90
TO
55
70
85
40
1S82
Jun.,
700,000 M.4N.
100 4,000.000 M.4N
10 1.000,000 J. 4 .1.
1,000
300,000 M.4N.
Var.
800.000 J.4J.
SO
400,000 F.4 A.
BO 1,000,000 Quar.
Var. 1 .000,000 1.4.1.
100 1,000,000 M.4N
100 1,500,000
750 000 M. 4N.
L.
95
40
Jan.,
May,
May,
Jan..
1997
Jan
Feb.,
Jan.,
Jan.,
May,
Fell..
IDS
104
1838
I
mortgage
.ft
im
Feb.,
M.4S
Bid
120
55
Jan.,
'
Bletcker St.it Fulton ferry—stk
Broadway
May,
Quar.
1,000,000 F.4 A.
Va.
People's (Brooklyn)
[Quotations by
1.000.000
.',,000,000
1,000
acrlp
do
do
r.
100
*
ftO
DO 1.85oik>o F.4A.
80
780,000 1.4.1
60 4,000.000 1.4 J.
100 2,500.000 14.48
V
do
certificates
Mutual, N. Y
do
bonds
•faasau. Brooklyn
Var.
Var.
XI&,e«Ml A.
Date.
mortgage
Avenue— stock
1st mortgage
l'vnli/Miri Sweet—slock
't mortga'-e
third
•
Thli column shows
o".
Westchester...
10
Wllllamsbg C
50
860000
63
90
100
22
m4
80
65
80
95
50
135
108
i
J.
H
July. "79
18
:i
Oct., '76
7
90
100
100 1, 109.500 Q.-F.
1.000
150.000 A. 40.
1.000 1,060,000 M.*N
;oo*c,
800,000 A. 4<l.
loo
700,000 M.4S.
1,000
415.0110 I.
J.
100 2,000.000 Q-F.
i;ooo «,000,000 I.4J.
100
600,000 J 4 J.
U.»«J
1.000
4
I
7
7
7
E
Apr., '78
,'85
Apr
May,
'88
Sept..'8:l
Miiy. '77
HO
BB
W
7o
7
86
July, '90 100
May, '79 190
luly,'90 »7
4
Feb.. -79
7
:i
UH dividend on ttock: bat the date of
95
118 H»2
maturity of
Ml
BB
BO
UK)
:oo
.
203,041
503.71)9
39,02010
7
100
N'n
10
July.
BB
BO
Feb., '79.10
50
'78. 5
June, '79.10
190
200
180
80
80
Jan.. '79.10
I«n.. '79.10
10-72 Feb.. '79. 5
12
Jan.. '79. 6
20
10
N'ne
luly.
.!»•>.,
July,
10
July,
.tan..
SO
Ian.,
Ian..
10
7
80
!X*
10
10
10
10
10
12
•Tu'y
10
100
103
ISO
'79.
'79.
so
•77. 6
100
'79. 6
ISO
'7J. 7
189
•79. 5
•79. 7
107
•79. 6
870
•79.
BS
•79. 8),
•79. 5
IM
7h
July.
SB
185
Jan., •79. 5
Ian., '79.
Ja'i.. '79
Ju y, '79.
ibo
iho
ISO
16
10
12
19
M'ci •79 5
July, '79.10
Jau. '79. 5
Ja 1,, '79 8
Jan., '79. 5
Jan., '79. 5
Jan., '79. 8
Jan., •79. 5
Jan., •79. 8
Jan., *79. 5
20
20
Jan., '79.10
Jan., •79.10
July,
Jau.,
Jan.,
80
10
18
18
20
10
20
17
14
10
N'ne
N'ne Jan.,
80
10
18
80
80
80
10
20
J8
20
14
12
Jan.,
Ju
n
10
10
12
20
18
10
'79.
'79.
'79.
July.
Apl
,
Feb
9
683 Ian
10
16
10
12
10
20
20
180
LOB
80
140
110
150
ibii
ISO
130
85
CO
4
105
833
'79.10
65
109
UK)
6
•79.
80
73
140
118
170
LIS
'79.10
14
90
67
130
5
6
12
•79.
111)
'77.
'79.
SH 65
8
•79 5
in
5
79. 5
'79. 5
120
128
70
96
•79.10
•79 8
Loo
75
•70 5
•79.6-23 188
,
,
•79.
•79.
•79.
•79.
•79.
•79.
July,
Feb.,
Jan.,
Jan.,
July,
Feb.,
Jan.,
If*
80
ISO
5
8
5
20
16
150
108
'
July.
July,
Jan.,
July.
18
Jan.,
15
N'ue Jan.,
Jai.,
10
Jan.,
Jnly,
10
Jan.,
80
Jnlv,
18
20
80
100
y, '79.10
30
80
80
18
105
80
160
70
140
Jan., '79. 5
Ja... •79.10
Feb.. '79. 7
11
10
11
63
•7».
•79.
•79.
•79.
92«
187
00
3*
5
18
13
10
20
10
20
10
10
70
140
186
•79.15
July. •79 5
.10 V.
10
10
10
10
10
10
10
20
s
16
10
10
55
135
178
210
1%
3H
Jan.,
July,
10"
88
y>
80
80
200
A pi., '79.10
«ian., ••». 5
?eb.. '79. 5
10
10
15
eo
202
810
LOO
110
120
4?
N'ne July, '77. 5
115
18
Jan., '79.10
13 40 Jan., •79.6-83 173
11
175 011 11-55 1235
171.318 15
17«
49,831 10
10
144,517
181.302
231,331
175,619
450,317
70
8«
10
10
12
71,994
205,201 _,
103,695 15W
'79.
.
80
80
80
80
M
88,618
130,330
815,049
754,424
127,116
344,301
35.813
124,537
685,899
78,817
.Ian
Jan., '79.
Jan., '77. 4
178.380
17«
150,018
is
11,186
25
170,523
12-50
1.038,423 11-45
80
511.353
102,001
15
121.004
15
1111.067
12
85,825
118
75
8
5
5
5
5
5
li'o
185
103
188
•79.10
ia?
no
*
Over
all
liabilities,
including re-Insurance, capital and scrip,
80
{.Quotations by
Danikl A. Mohan, Broker,
90
Months Payable.
XiW York:
1811-63.
Water stock
Croton waterBtock..lS45-51.
de
..1352-60.
do
Croton Aqued'ct stock. 1865.
pipes and mains...
do
reservoir bonds
io
Central Paik bonds. .1853-57.
..1853-65.
do
no
Dock bonds
1870.
do
1:75.
1865-68.
Market stock
Feb.,
6
6
6
7
H
6
H
7
Improvement Btock.... 1869
do
no
....1869.
6
var
6g.
var.
var.
7
do
do
New
Consolidated
Westchester County
7
6
2*'
7
May 4 November.
Nov
Feb., May, Aug.4
do
do
an,
100
us
Union
100
lotu
u. i,<n
(lo
do
May 4 November.
May 4 November.
do
do
do
do
do
January
do
do
do
do
do
do
4 July.
1880
1890
1883-1S90
1884-1911
1884-1000
1907-1911
1898
1895
1901
1898
1894-1897
1889
1879-1890
1901
1888
1879-1888
do
[Quotations by N. T. Birrs, Jr., Broker.
Clty bonds
do
Park bonds
Water loan.
so
do
do
do
1
New
100
104
114
108
110
101
105
107
109
121
108
110
108
109
too
107
122
109
119
181
107
118
107
108
108
118
189(1
115
108J, 105
105
102
115
118
1894
lis
113
119
St.]
Brooklyn— Local Impr'em't-
Brldgebonda.
00
75
73
May Aug.4 Nov
do
do
do
Jaiuary
„
do
do
do
do
do
do
....
Water loan bonds
80
due.
6
7
Consolidated bonds
Street Imp. stock..
150
115
40
Prior.
Bonds
Rate.
ii'o
101
Wall Street,]
40
INTRRKST.
92«
105
Inclusive of
City Securities.
100
108
M
97
t
scrip.
103
Broadway.]
Buekwlck At. (Wklyn)— stock.
100
500.000
t*n<ra/ «.. -V.it A. River— el*.
100 1.800,000 Jf.'S'JI :i" Jan'.' *79 10
Consolidated mortgage bon"S. 1.000 1.200.000 .1.4 1). 7 Dec.1902 111
Dock.
E.
B.
<*
Dry
Battery -stk.
100 1.200.000 Q-F. 2
May, '79 s.i
1st mortgage, cons'd
BOOJke
900.000 J.4D
luie, M8 10a
7
txaktk Avenue—stock
100 1,000.000 J. 4.1. «
July, '79 100
1st mortgage
1,000
208,000 J.4J. 7
Jan., "84 100
Id St. it (trand St ferry -stock
100
748.000 H.esxT. H
May, '78 no
1st mortgage
1,000
280.000 4.40: 7
Apr.,'93 105
Central CVo«» town- stock. ...
100
(100.000
1st mortgage
1.000
200.001) M.4N. 7
Nov.itioi 91)
Benuton, Writ ».dtPiir.fy-t\.\L
100
250,000
'"."
10
1st mortgage
BOO
500,000 J. 4 J.
-lulv, '.>!
NO
1st
BB
BB
BB
BB
II
SH
!1
10
4
::o:l..-.ll
July, '78.
July. '78.
B
10
10
10
10
500.000
800,000
200.000
200,000
150,000
500.000
200,000
3.000,000 1,303. «-9
lfO.000
15,909
500,000 200,(109
111,928
200,000
32,968
200,000
200.010 7314,003
199.901
150,000
27,884
280,000
r.6,5»7
150.000
200,000 116,473
55,oo5
150,000
2S1.1I42
200.000
71,511
300.000
200,000 202,281
250,000 241,421
200,000 281,637
186,509
150.OO0
51.88(1
200,000
200,000 806,979
200,0011 114,189
200.0001 174,081 23
200,000 124.831116
210,000 324,202 20
200,000 160,005 BO
24,571
200,000
55,001 10
300,000
500,000 455,012 10
112,717 12
350,000
426,132
80
200,000
201)000 103,552 80
150,000 200,474 20
108,104 20
150,000
781,322 80
1 000,000
200,000
59,449 l8*
200.000
34,673 10
300,000
2110,000
Last Paid.
1876. 1877. 1878.
127"
100
50
145
170
187
104
65
4J. 7 ,J'lv.l900l 83
90
Q-J. 8 July. 79 82U 60
J.4D. 7 Jn y, '84 101 108
Q-F. BW M»., '711 130 140
M.4N. 7 Nov., '80 108 110
Q-J. 8 Apr., '79 185 150
Brooklyn Clip— stock
10 2,000.000
1st mortgage
1,000
800,000
•roadway IBrooklyn)—slock..
100
200.000
Brooklyn .ft Hunter'* Pi— stock.
100
400.000 A. 4 0.
1st mortgage bonds.
1,000
800.000 J. 4 J.
ttcond Avmue— stock.
Sd mortgage
Cons. Convertible
Extension
»*l/l Avernte- stock
Ask.
1,000.000
Stuyvesant
Tradesmen's
United States..
Star
Sterling
Broad Street. 1
•
Amount. Period
Par.
Metropolitan
do
Hew York
Prentiss, Broker, 24
200.000
204,000
150.000
150.000
800.000
200,000
200.000
200,000
200,000
300.000
200,000
200.000
800,000
250.000
300,(00
Kutgers'
Safeguard
St.Nlcholas....
Standard
Kan and city Railroad Stocks and Bonds.
Central of
100
LOO
Kldgewood
figures In this
do
do
BO
Kellef
Union
Of same
Boston Ion
New York
Bepnbllc
Bute
4
2IKI.010
BO
SO
SO
BO
J5
Germaula
Globe
Greenwich
Guardian
Hamilton
300,000
200,000
100
17
1"
10
Kranklln4Kmp LOO
llermaii-Amer. LOO
.
200.000
40
Farragut
Firemen's
Firemen's Fund
Firemen's Tr
Clreenwlch'....
Orand Central'
Grocers'....
2.'>0.o00
;io
Umpire City....
bxcoange
Kulton
0«ll»Ua
U.-rman Ajn.'
Oerinau Kxcb.'
<ierman1a*
87,545
410.507
...
BO
Continental.,.. 100
Kagle
'.
Ural
Fourth
1,442
20O.OH0
2IO.OOI)
100
Columbia
Commercial
KlfUi
8011.000
200.000
153,000
800,000
•jr.
City
Clinton
Coatla*n'al....
Kxch'fe*.
•Hat River....
11th Ward'....
00
30O.IHIO
llowery
Itroalway
Chemical
1.
1879.'
800,000
7,107
21
200,000
400,000 7194,548
200,000
BtVHJ
100
American
BO
American Kxcl 100
Amity
100
Botcher.'* Dr.
Commerce
Amount
M
Adriatic
DlVIDKKPS.
Surplus,
IIS.
July,
lo
io
do
do
do
do
May 4 November,
no
do
January * Jnly.
do
do
City bonds
Kings Co. bonds
do
do
Park bonds
Bridge
"AllBroofclyn bonds
4
1879-1880
1881-1895
1915-1921
1900-1921
1904-1912
101
103
102
111
125
122
128
121
18'.l9-1905jU2
1S?1-1S95 104
1860-1883,1(13
188()-1885il01
1924
,114
1907-1910 113
127
127
114X
109
108
107
117
117
flat.
[Quotations by C. Zabbiskir, 47
Montgomery
St.,
Jersey City.]
Jerney City—
Water loan, long
do
1869-71.
Sewerage bonds
1866-69.
Assessment bonds... 1870-71.
Improvement bonds
Bergen bonds
1868-S9.
January 4 Jnly.
1895
January 4 July.
1899 1908
do
1878-1S79
do
May, Jnly 4 Nov. ;s7k-;s7I)
J. 4 J. and J 4 D.
189-94
Jannarv and Jnlv
1900
97
102
OS
Jan.,
I
100
103
11s
100
l'O
98
98
100
100
—
Jolt
1
.
1
THE CHRONICLE
.% 1879.J
%wjzstmznts
STATE. CITY AND CORPORATION FINANCES.
The Investors' Supplement is published on the last Saturday
of each month, and furnished to all regular subscribers of the
No single copies of the Supplement are sold at the
Chronicle.
office, as only a sufficient number is printed t« supply regular
subscribers. One number of the Supplement, however, is bound
up with The Financial Review (Annual), and can be purchased
in that shape.
ANNUAL
REPORTS.
Chicago Rock Island & Pacific.
(For the year ending March 81, 1879.)
From the directors' annual report for the year ending March
31, 1879, we have the following:
The railroads owned or controlled under
at the close of the fiscal year were as
panv
r
lease by this
follows:
Mnin Hue, Chicago to Council Bluffs
Branch, South Englewood to South Chicago
Branch, Bureau Junction to Peoria (leased)
Branch, Wilton Junction to Knoxvllle
Iowa Southern & Missouri Northern Railway, Washington,
Iowa, I" Leavenworth, Kansas
Branch, Edgcrton Junction to Atchison
Branch, Keokuk to Des Moines (leased)
Branch, Des Moines to Indianola and Wiuterset
Audubon Branch, Atlantic to Audubon
Harlan Branch, Avoca to Harlan
Average number of miles operated tor the year
Average number of. miles operated previous year
Mileage of road increased 9 per cent.
INCOME ACCOUNT, 1879.
Gross receipts from all sources were
Net earnings
$193,750
939,830
1,997,08G— 3,130,660
Leaving
Expended
in
12
$4,329,900
From this sum there has been paid:
For rentals of leased roads
For interest on bonded debt
For dividends
LANDS.
commissioners of the sinking fund, making a total of cash
remittances from sale of lands up to this date of $940,000.
The Land Commissioner in his yearly report says: "The
opening of two branches last winter into the middle of Audubon
and Shelby counties, where] most of the unsold lands of the
company are situated, the approaching termination (it is hoped)
of the litigation with the squatters, who have claimed the right
to select as homesteads this company's lands more than twenty
miles from the main line, and the increased efforts that have
been initiated to direct immigration to the lands near the newlyconstructed branches, will, it is hoped, enable the'eompany to
realize speedily at good prices upon large bodies of land which
have heretofore been of slow sale."
BALANCE SHEET, MARCH 31, 1879.
$1,199,300
improvements, equipment and construction of
new branches
966,551
$232,749
Surplus
COMPARISON OF GROSS AND NET EARNINGS WITH PREVIOUS YEARS.
Sources of RevenuePassenger transportation
1877-8.
1878-9.
Freight
Mail
"
...
5,353,779
$1,846,653
5,575,733
Express
"
...
...
....
163,970
109,639
161,645
34,951
6,976
109,200
134,426
71,004
8,089
$1,868,027
6,929,923
151,299
115,790
247,918
88,800
8,076
$7,854,566
$7,895,870
$9,409,833
$4,250,601
248,001
$4,137,113
247,400
$4,861,716
218,155
Rents, interest,
&c
1876-7.
.
.
Telegraph line
Total
Expenditures
Operating expenses
Taxes
$3,349,304
Net earnings
Percentages of operating expen54-19
ses to gross earnings
Percentages of operat. expen.—
7-36
taxes iuelud.—to gross earn'gs.
The number of passengers
carried,
150,70:!
$3,511,356
$4,329,960
52-40
51-67
55-53
53-99
year—
mile.
Liabilities.
Capital stock fixed, $25,000,000, amount Issued
$20,979,900
I'rartioiial scrip, convertible into stock
100
Six per cent mortgage coupon bonds
$5,540,000
Six per cent mortgage registered bonds
4,425,000
Seven per cent sinking fuud bouds (called In).
12,000
Six per cent income bonds
5,000—
9,982,000
Suspense account
6,74
Profit and loss, exchanging bonds
Profit balance of income account
4,355
6.267,454
$37,240,550
Ateets.
Cost of road and equipment, including Oskaloosa and South
Chicago Branches
Cost of railroad bridge at Rock Island
Cost of Audubon Branch construction account
Cost of Harlan Branch construction account
Capital stock in connecting roads
Six per cent mortgage bonds on hand
I.oaiis payable on demand, and cash in New York
Due from post office department
Stock of Material. Fuel, etc., on hand
Cash and balances due from other roads in hands of local
t
Cents.
181,804,
81,393
873,28!)
223,000
1,147,144
'-'
l,*-'.»
255,681
$37,240,550
DISPOSITION OF SURPLUS EARNINGS.
Cost of road and equipment, including Oskaloosa and South
$33,528,805
Chicago Blanches
Cost of railroad bridge at Rock Island
75x,.VJ0
Costof Audubon branch
Cost of Harlem branch
181,804
8 1.303
$34,553,529
Total construction account
Capital stock issued
$20,980,000
9,982,00C- 30,962,0OO
Boudsissued
Surplus absorbed In construction account
Casn, loans, material on hand, and balance due from other
roads, etc
Capital stock in connecting roads,
$6,278,550
11,096
Less balance due, suspense and other accounts
Total surplus account
3,591,529
1,590, / 31
1.096,289
and bonds
received.
2-74
1869-70
130,083,671
$8,587,003
2-64
1870-71
151.804.51!)
4,023.271
2-49
1871-72
168,764,688
4,213,371
1872-73
219,3?l L094
2-29
4,597,982
1873-74
219.:
40
207
5,003,001
1874-75
1!I2
267,918,578
5,292,412
1870-76
1-91
288,525,696
5,121,556
1870-77
1-71
337,135,683
5,353,779
1877-78
370,430.382
1-cO
5,575,733
1-43
1878-79
510,850,804
6,929,925
" In the foreclosure of the Chicago & Southwestern Railroad,
the Iowa Southern & Missouri Northern Railroad Company
became the purchaser of the former road, and issued to this
company 52,450 shares of their capital stock, for the sums
which had been expended by this company, which said shares
of the Iowa Southern & Missouri Northern road were, by resolution of the board of directors, transferred to the treasurer of
the Chicago Rock Island & Pacific road, to be by him held in
trust for the stockholders during the lease of said Iowa Southern & Missouri Northern road to this company, which expires
in 1926, when the shares so held in trust are to become the
property of this company.
$33,528,805
758,526
163, 015
rcasurer, Chicago
compared with previous
year, decreased 3 1-3 per cent; but as the average rate of fare
was maintained and the average distance traveled was slightly
increased, passenger earnings increased 1 16-100 per cent,
showing a gain of $21,374 over last year. Freight moved
increased over previous year 26 47-100 per cent, or 468,151 tons.
It was also moved a greater average distance, the tonnage
movement increasing 35 64-100 per cent. As a result of this
increase of tonnage, freight earnings show an increase of
24 25-100 per cent, or $1,354,192, notwithstanding the average
rate per ton per mile decreased from 1 56-100 cents to 1 43-100
cents. The following comparative statement will show the tons
of freight moved, decrease in rates and revenues received for
the past ten years:
Number tons
Av'ge rate per
earned one
ton per mile.
Amount
Fiscal
October last with satisfactory results."
Conveyances and contracts to convey lands, for the fiscal year
ending with March 31, have amounted to 21,848 acres, for a.
Miles. total consideration of $183,454, the average price received being
500»4 $8 59 per acre. Interest received has amounted to $77,377.
9
40% Bills receivable have increased $34,245, amounting at date of
this report to $825,740. Nearly 300,000 acres remain unsold.
128
Taxes to the amount of $46,397 (including $2,849 railroad aid
271
tax that was returned to the treasury of this company) have
20
been paid, an average of 14 cents per acre.
1 02
From the receipts of the year, after paying taxes and all
48
25
expenses of land department, $170,000 were remitted to the
$9,409,833
5,079,872
Operating expenses, including taxes
" After a thorough study of the situation, by a committee
representing the boards of both companies, a lease was drawn
up and executed, conveying to the Chicago Rock Island &
Pacific Kailr<>ad Company the entire control and management
of the Keokuk & Des Moines Railway, with its equipment, for
the term of forty-flve years, that being the duration of the
corporate existence of that company.
The conditions are,
briefly, that the lessee shall operate and maintain in good condition, and pay to the lessor twenty-five per cent of the gross
earnings of said leased road, guaranteeing that said twenty-five
per cent of earnings shall be equal to the payment semi-annually of five per cent interest on a bonded debt of $2,750,000, or
$16,975 per mile of road. The contract also provided that a
majority of the Keokuk & Des Moines Railway stock should be
sold to the lessee for a nominal consideration, and after ratification of lease by stockholders, the control of said road was to be
fiven to the lessee, all of which conditions have been fulfilled,
he road has been operated under lease since the 1st of
com-
1,231
1,125
1,032
Total
15
-
—
$6,267,454
The amount charged to construction and equipment on the
Chicago Rock Island & Pacific Railroad for the year has been as
follows:
Land, land damages, etc
Masonry in bridges and culverts
Reducing grades and lilllug trestle bridges
Ballasting track with stone
New depots, engine houses, etc
New side track and switches (9 1-10 miles)
New fences
New machinery for shops
Engineering and contingent expenses
Cons! ruction new branch railroads.....
Const ruction and purchase— equipment
^li'?«
<
J
giHjX
?2's22
73%Vi
iSvKs
,0
*ff
J?
5«?i
* ^«
7'uS-i
fV-'ina
41/.BU3
$966,551
Cincinnati Hamilton & Dayton Railroad.
(For the y^ar ending March 81, 1879 )
The board of directors submit the result of the working of
for
this road, and of the lines operated in connection therewith,
the fiscal year ending March 31, 1879 :
:
:
THE
1<>
.
.
.
[Vol.
(IHRONICL.E.
FLOATING DEBT.
Expenses.
Earnlnn.
<nn. Hamilton
I
in
<>ii.
4 1u.
A
Dayton..
A
taxes.
Kiclimonit .V CbiOMO.
Hun. A ludiuiiupoil*
IIS
311,679
•263,508
There
i
i
!
1S3
:
51.949
87
8JX.1
198.180
IS-,.
Loss.
.......
rniflt.
Sre&OlTMil
845,237
A
,
9,7;tn
1*
no Intercut on bonds included In this Item Bad tbcfuii
lumili-il debt been Included, the loss In operating
$2
??'7i1
qto „«,
370,80.1
71,139—
Bills payable.
Due on pay rolls
$328,62 4
Decrease
The
floating debt, as above,
$370,853
is
To which may be added the following items
1878.
eontroversy, viz:
4 coupons on $1,800,000 C. H. & I. bonds to July 1. 1879
Past-due interest on guarantee of C. R. & F. W. bonds
34,72!)
Italia
$699,478
"
$707,702
1303,536
Freight
72,963
Total
March 31, 1879,
would have boon $9ii>32 instead of an apparent profit of $78,107, as
shown above, and the surplus coinings of the four roads would have
been bnt $31,672.
The earnings, as above, were derived from the following
sources
in
..
252.000
.
26,331
41,797
F.xprowi
Miscellaneous
ludiaiiupolls ikh>1
109.9-J7
$649,184
17,032
To meet this the company has the following available assets, viz
$235,000
235 consolidated mortgage "bonds, at par
21,250— 256,250
85c
25 Cin. Kich. & Chic.
Less Dayton pool
$2,300,710
3,824
Total
$2,302,892
in earnings, 3'40
per cent,
<»u Cincinnati Hamilton A Dayton
On Dayton A Michigan
Decrease
$2,282,572
Total liabilities (to be provided for from net earnings)
viz.:
3-12
2-1!)
Oa Cincinnati Itichiuoud A Chieairo
On Cincinnati llanillton A Indianapolis
The comparative expenses for the two years were
J>'48
620
as follows
$1,474,542
118,083
548,701
138,118
Taxes
Interest
Dayton A.Michigan Dividends
Total expenses and interest
:
1-79.
$1 ,441,403
1*78.
Total operating expeuscs
101.598
447.0.W
134.808
$2,280,107
$2,124,900
$32,784
$157,072
Net earnings
SZ'«2.;
223,120
bonds, since paid
rear's Interest on the
Passenger
1
Diieon {my rolls
D. & M. preferred stock fund
Balanee due Juno 1, 1877. on third mortgage
«
«
78,107
$2,282,372 $2,124,900 $157,C72
Total
1
terc-t
$9117.210
Mtrlllgull
'..ll
Statement of condition of floating debt, March 31,1879, as
compared with March 31, 1877, viz
$240 190
Mimj|l 31> , 877 Bills payable
in
including
XXVnL
The net earnings of the Cincinnati Hamilton & Dayton
Railroad show an increase over last year of $22,268. In addi•'
tion to this there has been expended in grain elevators and
other permanent improvements, the sum of §5,251, and there
have also been added 50 new box cars, at a cost of $22,°29,
and four new first-class passenger coaches at a cost of §16,000,
making the actual increase of net earnings $65,749 over last
year.
$392,934
....
bills-payable account, as it appears on the Secretary and
Treasurer's balance, shows, as compared with March 31, 1878,
a reduction of but $73,171. In explanation of this item, it is
proper to state that in carrying out the plan adopted in 1872 of
selling or exchanging preferred stock of the Dayton & Michigan Railroad Company, to redeem its bonds, there was left a
balance of $72,963, which could not be invested in bonds at satisfactory prices, there being a provision in the agreement that
the interest and dividends on bonds and stock—one being eight
and the other seven per cent should not exceed in the aggregate the amount of interest on bonds of the company outstanding December 22, 1872. It was deemed advisable, therefore,
taking advantage of the market, to re-purchase at a discount the
stock which had been sold at an average premium of about two
per cent, thus making in reality a decrease of the floating debt
of $145,963—1,497 shares, or $74,850 par value, was purchased
at a cost of $72,792.
The amount of this fund in previous reports has appeared on
the balance sheet in balances due other railroad companies.
CONDENSED BALANCE SHEET MAiiCH 31, 1879.
The
—
Liabilities.
Construction
"THE DAYTON * MICHIGAN RAILROAD
.'
.
Equipment
shows a
deficiency of $51,949. as against $37,319 the year
previous. If, however, we deduct the cost of 25 new stock
cars, $12,020, and one first-class passenger coach, $4,000, added
during the last three months, the deficiency would be $35,929,
making the result substantially the same as last year.
"CINCINNATI RICHMOND A CHICAGO RAILROAD.
Real estate
Fuel and materials for
repairs
Iron rails account
Woodlands
Bills receivable
Stock and bonds
Duo from Post Office De-
1,245,000
mortgage bonds
Second mortgage bonds.
494,000
Consolidated mortgage
bonds
996,000
96.641
First
1,534,793
57,756
Surplus earnings
36,133
3,565
2,1 67
"965,907
Interest on boiids
Dividends unclaimed...
Due railroad companies.
Due
8,254
partment
$3,500,000
Capital stock
$3,827,078
1 ,1 19,250
371,543
. .
D.
individuals
preferred divi-
381
46,299
72,783
A M.
dends
24,431
>ad shows a deficiency of net earnings of $9,738 as Duo from railroad com"This read
42,095 D. & M. common divipanies
prollt of
ol $22,944 the previous
against a profit
year. This deficiency Due
p
dends
19,578
36,879
from individuals...
is occasioned by the falling off in earnings of $6,639, owing to
86.924 Payrolls
71,139
Dan'l McLaren, trasteo.
149.912
Cin.
Rich.
Chic.
&
R. R.
lower rates of freight caused by competition in lumber and pig 0. R. & Ft, W. R. R. Co.
9,000
531,732
losses.
iron, and an increase in the expense of operating of $26,188, D. & M. R. R. lessors..
917.S5G Bills payable
299,714
C. H. A I. R. R. Co
occasioned by the renewals of bridges, $12,128. renewals of Cash and cash assets
174,932
none having been renewed the year previous,
iron, $7,341
Total
$8,370,879
Total
$8,370,879
and the building of one locomotive, costing $7,844, making $27,304 in addition to the ordinary repairs, which would leave an
* This account represents the following securities, viz.:
actual profit for the year of $4,359 as compared with last year.
Par Value.
On the Books.
700 Cin. Ham. A Indianapolis bonds.
$700,000
$695,100
"CINCINNATI HAMILTON & INDIANAPOLIS RAILROAD.
.
—
|
.
25
C. R.
A
C. first
mortgage bonds
25,000
17,246
65,000
59,730
85 C. R. & C. second mortgage bonds
year ending March 31,
375,100
100,976
7,502 Shares C. R. A C stock
1877, were $8,344 less than the operating expenses and taxes; for 27,962 Shares D. A M. stock
1,398,100
58,255
the years ending March 31, 1878 andl879, they were respectively
250 Shares Cin. Elevator Co. stock
25,000
25,000
28 Shares C. H. A D. R. R. stock
2,800
2,800
$93,360 and $102,137 more than such expenses and taxes. DurIncome
bonds
D. A U. R. R
36
36,000
ing the past two years only five miles of re-rolled rails have
4.050
81 Shares common stock D. A U. R. R.
6,800
been put in this road, the needed rails having been supplied
56 Shares preferred stock D. A U. RR.
2,800
from old rails taken out of the broad-gauge track between
Total
$2,634,850
$905,907
Cincinnati and Dayton. There have been contracted for this
Ogdensburirh & Luke Cliamplain.
road for this year 1,350 tons of steel rails, the cost of which,
less the value of old rails taken up, will add $45,000 to the expense
(For the year ending March 81, 1879.)
of maintaining this road during the current year, and this
From the report made by the Auditor of the company, the
annual expense must be substantially kept up for eight years,
following is obtained:
or until the track is covered with steel rails.
KKS1.I.T8 OF BUSINESS FOR TWO YEARS ENDING APRIL 1, 1879.
STATEMENT OK OHOSS KAHMVOS, OPERATING EXPENSES AND TAXES AND On the 31st of March, 1877, there was an excess of liabilities
AMOUNTS iPWJCABLE TO IHVIIIKNDS, FOR 3 YEARS ENDING M VRC'II
over assets of
$48,304
"The net earnings of
this road for the
31st, viz.:
The. net earu'gs for the year end'g Mar. 31,'78, were.
Profits on wood lots wcro
Received from sale of bonds
Cincinnati Hamilton rf Dayton.
Applicable Amount of
Operating to Interest Dividend or
Expenses
Year.
1877
1878
1879
Earnings.
$940,921
986,483
907,210
.
.
.
Taxes.
$688,071
mill
0O9.90.I
574,5(17
and
Interest to
Dividends.
bo
(068,849
palfl.
$185,640
207,511
191,450
3211,468
332,643
Dayton
Michigan.
$651,266
$254,418
$334,320
Surplus or
Deficit.
Sur .$78,209
Kur ..lis 924
.
.
583.299
283,519
320,869
573,905
271,331
828,981
Cincinnati Richmond d- Chicago.
1877 $185,745
$137,608
$48.: 37
$44,075
1878
195.08H
128,801
60.280
13,341
1879.
188,448
154,989
33,458
43,196
Cincinnati Hamilton rf Indianupoli*.
1877. $393,521
$401,865
'$8,344
$191,203
1878.
361.521
271,160
68,360
202,025
1879
341,675
239,538
102,137
198,970
.
.
,
.
"Short.
.$69,902
Def.. 37,319
Dcf.. 51,919
8ur ..$4,012
Sur .22,941
Def .. 9,738
Def $199,547
Dcf. 109,265
Def.
96,832
$273,923
interest on
On
lief.
10,121
100,000
72,317
160,000
Two
Sur. 141,193
<£•
1877. $905,685
1878.
866,849
1879. 815,237
bonded debt for the year was
dividends aoerued dur'g the yr. of $80,000 each.
The excess of liabilities over assets Mar. 31, '78, was
The
$163,802
the 31st of March, 1878, there was an excess of
over asset* of
The net earu'gs for the year ending Mar. 31, '79, were
Real estate Increased in value over its cost, and was
entiled on the books at. its present value, showing
a profit in this year of
6,698
$280,622 $280,622
liabilities
44 shares of common stock, sold at a loss of.
Charged off for depreciated value of loans
Intorcst on bonded and floating debt for the year
amounted to
Two div. aoerued during tho year of $80,000 each
Tho excess of liabilities over assets, Mar. 31/79, was.
$6,698
$90,407
6,190
$96,597
1,623
.'
10,000
79,731
lttu.cCO
.
161,455
$258,053 $258,053
—
July
7
1
deficit of net earnings to meet Interest on funded anil floating debt, and two dividends on preferred stock for tun your
$03,5 1
ending March 31, 1678. was
149.824
For year ending Marco SI, 1879, was
I.AKK
CIIAMI-I.AIN
Till;
.t
1C1I.
0ODKN8DUB0H
EARNINGS AND KXI'KNSKS O*
Mar. 31. '77, to Mar. 31, 73,to
Mar. 81, 1873. Mar. 31. 1870.
Earnings.
93,354
$102,029
Passengers".
f 13,747
384,440
Freight
10,397
0,089
United States mall
5,000
4,999
Express
2,017
2,139
Rent*
22.013
10,200
Elevating and storage
70,010
49,477
O. & I.. C. RR. enr oarnlngs
3,492
Useof trains
Tho
,
Loss paid forusoforei.pl ears
$010,242
19,124
$189,009
10,333
Total operating expense:!
$591,117
427,314
$479,270
388,809
$103,802
$90,407
? 79,731
00,000
total debt, fnnd'g & float's
for div. on prof, stock
One year's liability
Detioit
A.SSKTS AND LIABILITIES
Assets.
&
L.
OF
.
1
,
.
$232,317
103.S02
$239,731
$68,514
$149,324
& LAKE
CIIAMI'I.AIN KB. CO.
Tilt! oM,t..\-r.l lalll
90,-107
Mar. 31,1878.
Chunipl'n RR.. com. stk.
Road and equipment
$ M90
5.077,000
21,020
.Sinking fund bonds
Central Vermont line
Real estate
Contracts
394,000
Loans
Cash
Wood and
$78,8
100,000
.
Total required for Int. and dividends
Net earnings, as above, were
Ogdcnsbnrgli
:
THE CHRONJCLE.
,5 1579.1
Net earnings
Ono year's Int. on
:
material
Bills receivable
Due from agents and roads
Bills collectible
8,809
10,155
18,100
70.954
53.932
2,311
20,334
143
Mar. 31, 1879.
5,077,000
21,020
392,000
11.400
14,797
8,100
9.519
100,030
13,393
4,934
$0,297,299
$6,261,205
$3,077,000
2,000,009
173,000
394,000
105,000
80,401
440,000
18,099
4,496
$3,077,000
2,000,000
16,000
392,000
217,380
104,011
538,000
18,209
$6,303,993
6,297,299
$0,422,661
6,261,205
$6,098
$161,455
Liabilities.
Capital stook, common
Capital stock, preferred
Equipment bonds
Sinking fund bonds
Notes payable
Unpaid dividends and coupons
First mortgage bouds
Unpaid vouchers
:
Due other roads and agents
Liabilities
Assets
Deficit.
stock previous to April
after which
1,
the option expired.
Coupon No. 14 on Chicago & Iowa Kailmad second mortfiure
8s, due July 1, 1878, will be paid July 5.
The Highland Railroad Company has voted to issue $150,000
new stook, and holders of seven old share* will be entitled to
three new shares at par until July 10. This will make the
total capital $500,000.
Coupons on the Detroit Lansing & Northern and Ionia & Lansing bonds will be paid July 1, and hereafter at the Second
National Bank, Instead of at the company's office. Portland &
Ogdensburg coupon No. 18, due July 1, will be paid in Portland. Coupons on bonds of the Alabama & Great Southern
Railroad will be paid July 1 at National Security Bank. Interest is due July 1 on $127,000 Ansonia (Me.) 6s and 7s and on
$80,000 Norridgewock (Me.) 6 per cento.
Cairo
&
St.
Louis.— For
progress between the Cairo
five years litigation
St. Louis Railroad
&
has been
in
Company and
Land Company
bondholders on one side, and the Cairo City
on the other. The whole matter has now been compromised,
and the railroad company is to pay $15,000, to have full possession of right of way into the city, depot grounds and river
frontage for an incline on which to ship cars across the river,
and all suits on both sides are to be abandoned and dismissed.
Central or Long 'slanl.— An order of foreclosure and sale
has been filed in the Queens County Clerk's office, in the suit of
Charles A. Hoyt and Albert Boker against the Central Railroad
Company of Long Island, to foreclose the first mortgage of
$1,000,000. The sixteen miles of road belonging to the late A.
T. Stewart are exempted, but the lease thereof is included
for forty years, with the privilege of purchasing at the cost of
construction. The road extends from Long Island City to
Babylon.
There is a second mortgage for $4,000,000.
Chesapeake & Ohio.— A despatch from Lexington, Ky., Jane
"An important railroad contract has been completed
27, said
to-day, by which C. P. Huntington and others, of New York
city, obtain, control of the Elizabethtown Lexington & Big
Sandy Railroad, binding themselves to complete the unfinished
portion of the road— eighty-three miles— from Mount Sterling,
Ky., to Huntington. This will complete the western connection
of the Chesapeake & Ohio Railroad."
Cincinnati City Tax Levy.— The levy to be made for the
year 1879 for city purposes will be as follows
its
:
2h8
80
Renssebior Steol Company
Conductors
Suspended accounts
17
:
Mills-
For redemption of the city debt
For interest upon the city debt
For all other city purposes
-75
8-©8
8-17
Limit
For redemption of Cincinnati Southern Railroad bonds
For interest on the same
12-00
1-10
7-37
Total levy
20-53
GENERAL INVESTMENT NEWS.
The estimate of the duplicate for the year is $170,500,000
The levy will realize (if the duplicate, when completed, is the
amount stated) the sum of $3,500,365, divided as follows
American Union Telegraph.— At a meeting of the stockholders of the Dominion Telegraph Company, in Toronto, the
lease of the Company's lines made to the American Union Telegraph Company was' ratified. The lease is for a period of ninetynine years, and by its terms the American Union Company guarantees the payment of the interest on the bonded debt, and 5
per cent per annum upon the $1,000,000 capital stock of the
Dominion Company.
The leased company has lines extending
through the Dominion into the maritime provinces, and has a
working contract with the Direct United States Cable Company
for twenty years. On December 31, 1878, the Dominion Telegraph Company owned 4,618 miles of poles and 8,882 miles of
wire, and had 492 offices.
For city purposes, outside of Interest and redemption of
bonds other than Cincinnati Southern Railroad
$1,592,985
Interest on city debt and fund for its redemption
653,015
For redemption of Cincinnati Southern RaUroad bonds and
payment of interest on the same
1,454,365
Boston Hartford
& Erie.—Deputy
Sheriff Bailey sold by
public auction the Suffolk county (Mass.) property owned by
the Boston Hartford & Erie Railroad Company. This sale was
made to satisfy a judgment for §1,200.000 in favor of N. C.
Total
$3,500,365
The Cincinnati Hospital Trustees, by a law of the
State,
have
been authorized to certify its own levy to the City Council,
which levy must be included in the 12-mills limit. The amount
thus authorized is 48-100 of a mill. The Hospital Trustees have
notified the Finance Committee that for Hospital purposes they
will need 48-100 of a mill, which will realize $81,84C.
District of Columbia. An associated press dispatch from
Washington says The Secretary of the Treasury has accepted
the bids of the Bank of New York (National Banking Association)
for $600,000 of the 5 per cent refunding bonds of the District
of Columbia at 54-100 per cent premium, and Lewis Johnson &
Co. of Washington for $15,000 at 1% per cent premium. The
Secretary will at once advertise for bids for the remainder of
the bonds, amounting to nearly $500,000. Bids will be received
until the 12th inst. The bonds will be issued in either registered or coupon form, as the successful bidders may prefer,
and " in suitable denominations." They are to run for twenty
years from date.
Flint & Perc Marquette.— Mr. H. C. Potter has been
appointed receiver of this company in a foreclosure suit. The
history of the trouble under which the Flint & Pere Marquette
Company labors is given in the following circular, issued by
Jesse Hoyt, President, and H. C. Potter, Secretary
The trustees of tho consolidated mortgage bonds have notified the
president and directors of the Flint & Pore Marquette Railway Company that, in consequence of the default in the payments of the coupons
maturing May and November, 1878, and May, 1879, and also the failure
to meet the interest which has accrued on the interest bonds in which
the Ave prior coupons had been funded, it becomes their duty to institute
—
:
Munson. This property, except French's wharf, and which
covers all the land on which the tracks of the present New,
York & New England road are laid between the termini in
Boston and Hyde Park, is claimed by the New York & New
England Railroad Company, under a decision of the United
States Court, which gave this company the title to all property
covered by the Berdell mortgage. The attorney of the road
was present, and before the sale he notified all bidders that,
with the exception of French's wharf, they would purchase
lawsuits and not land. The sale was then proceeded with, and
French's wharf was struck off to the Hon. Jonathan A. Lane
for $200,000, who was the only bidder. The remaining twentyfive lots were also sold to Mr. Lane for $170,800, making the
aggregate amount of the sale $370,800. Botton Advertiser.
Boston Interest and Dividends.— Mr. Joseph G. Martin, of
10 State street, Boston, compiles his usual list of interest and
dividend payments to be made in that city. He remarks on
h •i;il proceedings for the foreclosure of their mortgage.
certain bonds as follows
The notification requires us to present to tho various bondholders and
The Little Rock & Fort Smith Railroad will fund the interest creditors
of the company the questions involved in the reorganization of
due July 1, 1879, and January 1, 1880, on its first mortgage the company. The net income of the company is not sufficient to meet
the
coupons
of the consolidated bonds, and the accumulation of rastinto
bonds
7 per cent coupon notes. Interest on Cincinnati &
so large that here is no prospect of their future
Indiana Railroad bonds, due July 1, will be paid at the Ameri- due coupons is now
payment under existing arrangement. The property will, by order of
can Exchange Bank, New York, and not in Boston as hereto- the Court, pass under the control of the consolidated bondholders, subject
fore. The Burlington & Missouri River Railroad in Nebraska to the claims of holders of bonds secured by prior mortgages and such
The net income of tho com
gives notice that its 6 per cent bonds will be issued in place of preferred claims as are recognized by law. of
the prior mortgages, but,
panv has been sufficient to pay the cuupans
Republican Valley 6s, and interest on the latter will cease July in making necessary renewals and additions to equipment and construcThe former company has "drawn by lot" $90,800 of its tion, there has arisen an indebtedness lor currcu^expenscs.whlch exists
1.
non-exempt 6s, payable July 1 at New England Trust Com- as preferred claims.
the surrender of tho property of the company, and Its transfer
pany's office. Of the $200,000 Vermont & Massachusetts 6 per toUpon
a receiver, to be appointed by the Court, these preferred claims mus»
cent bonds, due July 1. all but $10,000 were converted into be paid from the surplus earnings after meeting cut rent expense*
:
I
—
:
THE CHRONICLE
18
Thin
;
delay for
will
time
tin'
payment
;
1
of coni>oui! on tUo land grant
and
"[
,
1
mg
XXiX.
that portion of the road located in Tennessee, and also on otherThe Farmers' Loan and Trust Comproper..,
f>erty in that State.
pany is the trustee of the mortgage. The bonds are dated
August 20, 1877, principal due January 1, 1915, interest at 7
per cent per annum, due January 1 and July 1 of each year,
and are of the denomination of $1,000.
;
j
m
practicable, the inconvenience
v '.Tl'i u «. a* far
"Sir Mi.'p'.Vr - .- V.'f'
the non-payment of these coupons, ami to facilitate
Hint nniiinll
its affairs in mull
the .imdr iMnraiiMution of (hat company, and place
In- applied to me
kIiiim tli it tin 111 earning* can at the earliest moment
of the surplus
tn
a
division
and
Vul. im-iit .if
iism* mi tin- prior bonds,
parties
tin- consolidated bonds, at a conference «>f
Hi"-'
','•"•
[Vol.
holding
an
and the Lehigh Coal & Navigation Company 1
i
and Jimnary 1. 1880; also tin- imimid coupons
<i par sent
bona, to be issued
same Ih,h,I*. Into
ot
by lb.- reorganised company, and to be seemed upon the proi>erty
will take
which
seourlfr
but
to
prior
mortgages,
tSa company, subject
tiirlugJulv
of
Jauuan
precedence
Tlio
off!
.
i
1.
1879,
-7-. on
of tin- rights nf tbo holders of tile consolidated
mortgage
i "f the company consider the bonds prior to the eonsolida-
bonds n~ amply secured, and caution holder* against sacrifice, notwilh-t. Hiding the temporary delay In tlio payment of their coupons.
tc«l
Intllanajiolis Cln. & Lafayette.— Mr. M. E. Ingalls. receiver
or the !.<'.& L. Hit.. Hied his monthly report with the Clerk of
the United States Circuit Court for May as follows
:
nonm
I/nil*
Malls
Kx press
eoinpauies
DISBURSEMENTS.
$11,100
10.120
2.47o
1st
Rents
3,
Bade of old iron and scraps.
7,259
Balance for April
Loans
For rails
Taxes
Supply
bills
$1,012
59,046
4,038
10,636
19,989
fying the terms of the lease of the railroad of the first-named
company. The original lease was made in 1868 for 999 years, at
a rental which paid 10 per cent per annum to the stockholders,
but the lessee reserved the right to terminate the lease, by
merger or otherwise, at any time after ten years, which term
expired in November last. The contract just executed provides
that the lessees shall suspend for five years from September
1st next the exercise of their right to terminate the lease, and
assures to the stockholders dividends at the rate of seven per
cent per annum, which rate is relatively as liberal as ten per cent
was when the lease was first made. These terms seem to be
mutually advantageous, and will, it is believed, be generally
accepted by the Nesquehoning Valley stockholders; but if any
stockholder should be dissatisfied, the Lehigh Navigation Company has agreed to provide a purchaser for his stock at par.
New York Lake
Erie
& Western.—The New York
Times
435
gives an extended account of an interview with President Jewett,
from which the following is quoted
Bond interest
•'
208
14,286 Legal expenses
Q. How do the present earnings of the company compare with its
(balances)
42,802
and
A. The earnings up to Jan. 1 have fallen offlargcly,
wares
earnings last year
1,819 Sauries
Miscellaneous sources
Other railroad companies
because of the condition of the general business of the country and of
from
snow,
28,385
&c, during the winter. In October they fell off
(balances)
difficulties
$198,110
6,541 about +60,000; in November about $190,000; in December about
Other inisccl'ucous sources
about
January
$157,000. In February there was an in$268,000; ill
$195,350 crease of $80.000 in March of $210,000 in April of $255,000, and in
,7.-.:i
have
May
31
of
I
Mav
not yet received the reports for June. The
Balance on hand
$185,000.
earnings in May would have been much in excess of what they were, if
$198,116 it were not for the unfortunate controversy between the Pennsylvania &
New York Central Roads, which resulted in a largo reduction of rates.
Louisiana State Dcht. In the Constitutional Convention Our traffic In quantity was unusually large the traffic of the whole season has been unusually large, and if we had had a reasonable rate our
not
to
pay
instructing
State
officials
resolution
the
the
28,
Jane
earnings would have been very much greater. The earnings of June
the July interest on the State bonds until ordered by the Con- will be considerably in excess of those of June of last year, and unless
stitutional Convention was adopted by a vote of 62 yeas to 56 some unforeseen and unexpected difficulty arises the general results of
navs. The Convention appointed a committee of Ave to inves- the year will be very favorable.
" Q. Has there been any decrease in expenses as compared with last
tigate the charges of corruption in relation to the public debt,
ycarl A. There has been no decrease as compared with last year, but
to the effect that members have been influenced in casting their "when compared with the amount Of business dune, the decrease has been
Totes by a desire to speculate in the bonds, or have been paid a very large. For example, while the. tonnage and ton milage, say, for
price for their votes. On June 30, the Constitutional Convention Mai-ch, of which month I have all the statistics in detail, increased over
40 per ceut, the increase in our actual expenses has been hardly perconsidered the reports of the Committee on the State Debt.
ceptible. And again, we are engaged in large improvements— in buildThe majority report made the debt as it existed on January ing an elevator at Buffalo; in remodeling our yards; In putting up
1, 1879, §3,168,313, and provides for bonds payable in thirty station-houses, shops, «fcc. in making similar improvements at Jersey
in completing the double track the entire length of our road
years bearing 4 per cent interest, which shall be exchanged for City, aud
all of which add largely to our current expenses, because, in performing
consolidated bonds on or before January 1, 1882. The minority this work, so far as we can we follow the usual course, and this, toreport provided that the principal of the consolidated bonds gether with the embarrassment in the current operations of our road,
issu.il by the State is declared to be a valid obligation and shall arising out "f these pendii g im irovements, makes our current expenses
larger than they otherwise would be.
remain inviolate that interest shall be paid at the rate of 3 appear
'•
Q. What progress has been made recently in these improvements!
per cent for five years from January 1, 1880, and 4 per cent A. The improvements at Buffalo are very far auvanced we should be in
thereafter. The annual 5% mill tax to pay interest is reduced operation with the elevator there in the early Fall the Improvements at
all poiuts on the line of the road are being pressed to a speedy completo 3 mills. Coupons of consolidated bonds falling due on Janu- tion;
all the men who can be worked to advantage are engaged
we exary 1 1880, are remitted, and any interest taxes collected to pect to have everything, with the exception of the elevator at Jersey
meet said coupons are to be transferred to the account of the City, and perhaps some shops west of the tunnel, but Including the
general fund to defray the expenses of the State Government. double track, ready for the Fall's business, by which our facilities will be
increased and our current expenses correspondingly decreased.
Both reports were defeated, but on July 1 the Convention largely
"Q. When will the Hoosac Tunnel connection be made! A. My inadopted a substitute for article 2 of the minority report, recog- formation is, not later than August 15 I hardly hope for it myself by
nizing the principal of the State debt as constituted under the that time, there has been so much delay in the progress of that work it
have been done long since but I do not see how it is possible
Funding act, but reducing the interest to 3 per cent for fifteen ought to be
delayed much longer.
for it to
years, and 4 per cent thereafter. Article 1, declaring the whole
"
What will be the precise value of this connection 1 A. It must be
debt a valid obligation which shall not be violated, was stricken very large for Eastern New England, our line will really be the best
out. The article providing that the money for the interest tax it will be, substantially, for Boston as good as any other, aud if 69 per
cent of the freight-earnings of the New York Central is derived from
collected np to January 1, 1880, goes to the general fund, the its
canuot be increased subNew England trade, I do not see* why ours
*
*
*
coupon for that date having been remitted, was adopted.
stantially in the same ratio."
Drexel.
Morgan
&
Co.
offer
Messrs.
to exchange the Erie
Manhattan lleach.— The Herald reports: "There was quite mortgage bonds falling due Sept. 1, for a new 5 per cent 40an extended argument before Judge Potter, in Supreme Court, year bond secured by the same hen.
Chambers, in the suit brought by William Hinckley against the
Philadelphia & Readinsr.—The following is the comparaNew York & Manhattan Beach Railroad Company. The
defendants issued $500,000 of first mortgage bonds and $300,000 tive statement of gross receipts, tonnage and passengers of they
of second mortgage bonds, the holders of wliich were by the terms Philadelphia & Heading Railway Company for the month of
of the respective mortgages to have the option to convert, into Mav, 1879 and 1878 :
GROSS RECEIPTS.
stock at any time between January 1, 1878, and January 1, 1881
1879.
1878.
The plaintiff is the owner of $10,000 of the second mortgage
Month.
Tear to date.
Month. Year to date.
bonds. Some time ago, as is well known, there was organized
1,144,050
$5,559,181
,101,497 $4,063,694
the Manhattan Beach. Improvement Company, to which the Railroad traffic
Canal traffic
101,866
265,673
124,997
201,391
nilroad company sold the Manhattan Beach Htotel and most of Steam colliers
<>;j.iO(i
344,109
51,290
275,680
23,524
their land along the beach, for which the improvement
Iiiehiu'd coal barges.
61.345
:i.-,,oo5
8,229
company gave bonds and mortgages, and 5,000 shares of its stock
Railroad
Co.
...
,332.547
$6,233,810
Total
$1
$1,280,014 $5,475,772
to be distributed among the stockholders of the railway
2. '.Kil,692
4,184,700
683,695
com- Read'gCoal& Iron Co 1,010,041
pany.
The second mortgage bondholders are allowed the
$2,348,188 $10,418,010 $1,969,710 $8,437,464
Total of all
option of taking stock in the railway and participating in
the
TONNAGE ANl> PASSENGERS.
distribution of the shares of the beach company, but
the plainof coal on R. R.... 828.322
3,489,004
tiff, as a bondholder, objects to the distribution,
513,614
2,204,007
and says that Tons
merchandise..
..459,317
1,852,261
Tons of
287,903
1 .572.072;
he has a right to exercise his option until January 1, 1881
and Passengers carried
649.941
3,143,956
2.(178,331
523,395
that in the meantime defendants are not at liberty
to part with Coal transp'd by steam
the beach company's shares. The case was argued
59,039
colliers
291,474
60,99!)
267,60ff
on a motion
on behalf of plaintiff by Mr. A. J. Vanderpoel to render permaTONS OF COAX. MINED.
nent a temporary injunction restraining the distribution
Iron Co
418,611
1.797,982
240.057
,0-13.8 lO
of the Bv Coal and
122,562
556,214
103,052
shares of the Manhattan Beach Improvement Company,
By tenants
398,582
and on
the part of the company by Mr. John E. Parsons.
Juda-e P
Judge
Pot- Total mined from lands
ttt took the papers."
owned and controlled
by Oo. and from leasehold estates
Memplils & Charlestnii.-The following were
521,204
2,353,512
343,110
1,442,342
admitted to
the Stock Exchange list: Consolidated first mortgage
c-old
St. Lonis Iron Mountain & Southern.- St. Louis, June 28.—
bonds of the .Memphis & Chariest,,,, Hailroad
Company The change of gauge of the St. Louis Iron Mountain & Southern
Amounting to $1,400,000, and secured by a first mortgage
(& Railroad from 5 feet to 4 feet 8% inches was successfully
Interest
Agents
other railroad companies
118
113,230
Interest
Rents
5,185
18,083
I
;
;
1
—
;
;
;
;
;
;
,
;
;
;
(
>.
;
—
1
:
July
5,
1879
THE CHRONICLE
]
accomplished to-day. The preparations for the work were
complete some days ago, and as soon as the miJnight train
passed last night the various squads set to work to move the
rail. By 2 P. M. to-day the whole job was accomplished, and
since then trains have been moving along the whole length of
the road.
St. I.onis Kansas City & Northern.— The following were
put on the Exchange list First mortgage gold bonds of the
S9t. Louis Kansas City & Northern Railway Company upon the
St. Charles Bridge $1,000,000 in amount, dated October 1, 1878,
:
payable thirty years after date, bearing interest at the rate of
"7 per cent per annum for the first three years and 8 per Kent
thereafter, payable April 1 and October 1 principal and interest
payable in gold coin. Messrs. Henry F. Vail and Charles Farsons are the trustees of the mortgage.
The St. Paul and Minneapolis
St. Paul Minn. & Manitoba.
Pioneer Press 22d has the following in relation to this railroad
"The United States Circuit Court closed up yesterday the long
,
—
and
vexatious litigation in relation to the extension lines of the
Paul & Pacific Railroad. In 1873, owing to the failure of
Jay Cooke & Co., the work of constructing the road ceased,
leaving broken fragments of the road only completed. In 1878
the Legislature of Minnesota passed an act requiring a certain
portion of the road to be completed by January 1, 1879, and the
rest by January 1, 1880, in default of which it forfeited all the
uncompleted lines of the company and the grant of land pertaining thereto. The litigation in court was in such a shape
that it could not be bronght to an end, so that the parties in
interest could not complete the road. What was to be done ?
If something was not done, this magnificent enterprise would
fail.
Only one thing could be done, and that was for the court
to authorize its receiver to build and complete the road, which
Between June and December, 1878, the receiver built
it did.
and equipped 112 miles of road at a cost of less than $9,000 a
mile, against over $30,000 per mile for the road built by the
•company. In March, 1879, the court rendered a decree of foreclosure, and on the 14th inst. the road was sold to the St. Paul
Minneapolis & Manitoba road for $1,600,000. The sale was
reported to the court yesterday and confirmed, not a single
bondholder or other party objecting thereto. Out of the proceeds of the sale all the debentures issued by the receiver to
pay for the cost of the road built by him were paid, and the
balance of the proceeds distributed among the bondholders.
This is the first instance in which a court of chancery has built
over one hundred miles of railroad. The court in this instance
did this, and built it cheaper than any other road in the State
has been built, and saw the debt paid before it turned over the
road to the purchasers. In this way it became the means of
giving to the people one of the most important lines of railSt.
road."
—
Southern of Long Island. An order of foreclosure and sale
has been filed against the Southern Railroad Company of Long
Island, John D. Jones and William Nicoll being the plaintiffs,
as trustees. The mortgage is $500,000 and covers all the
branches, none of which were included in the recent sale under
the foreclosure of the second mortgage main line.
Wabash.— Judge Harlan, in the United States Circuit Court,
disposed of the motion to remand to the State courts two cases
•of Tyson vs. The Wabash Railway Company
These were foreclosure suits, one brought originally in the State court in
Indiana and one in Illinois. The complainants were all citizens
of a State other than the State in which suits were brought.
The railroad corporation was a citizen ©f the State in which suit
was brought. There were also defendants the different trustees
in the various mortgages, and several of the number were also
citizens of the States other than of the States in which suits
were brought.
It was claimed by the defendants that the
federal courts had no jurisdiction, because some of the defendants, the trustees, were citizens of the same State with complainnts.
The Judge said * * * that on looking at the
whole case it would be found that the controversy was between
the railroad on one side and the bondholders and trustees on
the other. The jurisdiction of the court, therefore, was beyond question, and the motion to remand would be overruled.
Washington City Yirginia Midland & Great Southern
(Orange & Alex.) A general meeting of bondholders was held
in Baltimore last week. Messrs. William F. Frick and John K.
Cowan represented the Baltimore & Ohio Railroad interests
Mr. H. R. Garden represented large bondholding interests in
and around Warrenton. Va. The objeet of the meeting was
—
;
stated as being to consider a plan of reorganization of the Virginia Midland Railroad. This corporation owns and operates
the property and franchises of the Orange & Alexandria, the
Orange Alexandria & Manassas, the Lynchburg & Danville,
and the Charlottesville & Danville Railroads, the latter a projected route. It has been operated for several years past by J.
S. Barbour, a receiver appointed under a decree of the Circuit
Court of Alexandria, in the suit of Graham et al. vs. the W. C.
V. M. & G. S. R. R., which was broufiht for a foreclosure of the
several mortgages on the road and for its sale. The Baltimore
•& Ohio Railroad Company owns nearly the whole of the bonds
of the 'Lynchburg & Danville Road, which was built by it,
and is largely interested as a bondholder in other securities of
the VirginiaMidland Road.
Mr. Win, F. Frick and Mr. John K. Cowan, representing the
Baltimore & Ohio Railroad, presented a full statement of the
obligations of the W. C. V. M. & G. S. Railroad, and its present
condition and entire indebtedness on the mortgage bonds, as
follows
The
which
:
entire indebtedness of the company
$493,764 is the floating debt and
is
$11,351,832, of
the balance the
19
outstanding indebtedness. This latter includes the followingFirst Manassas mortgage (old company) bonds,
pons, i,,t.-rest, &c., $79,597; first Orange Alexandria & Manassas
mortgage
&c, $1,864,042, second mortgage, &c, 9519,000 ; LynrhbuiwX
Danville mortgage, &c, $1,792,557; first Orange & Alexandria
mortgage, &c, $561,086, second,*.$l, 768,800, third, $1,438,146—
of which $263,405 is the amount of the claim of the
State of
Virginia assigned to the Baltimore & Ohio Railroad Company
fourth, $1,21§,432 Washington City Virginia Midland & fir-it
Southern mortgage, &c $1,615,404. With the statement of
indebtedness was a statement by the receiver of the estimated
revenue and expenditures, as follows: Gross revenue, $1 020000; working expenses, $58Q,0O0
trackage to Chesapeake '&,
Ohio and Alexandria & Fredricksburg Railroads, *5«,000;
taxes, $12,000; renewal of rails, $50,000; new rolling
stock!'
$20,000. Total, $720,000 net revenue, $$300,000.
Mr. Frick also presented a full statement showing the present
and probable future net revenues of the company in connection
with the. proposed reorganization scheme. This schedule was
made up with a view of an equitable distribution of the net
revenues of the road in the different proportions to which the
various interests are entitled. It is as follows Basis of net
earnings, $370,000. Original Orange Alexandria & Manassas
bonds, Manassas Gap bonds, &c, Lynchburg & Danville, original bonds, first, second, thiid and fourth Orange & Alexandria
total 57,365,020 total interest, $369,456.
First preferred stock,
including coupons and interest on first Orange Alexandria &
Manassas to July 1, 1879, third Orange & Alexandria, and coupons and interest on Lynchburg & Danville, $1,054,512 ; second
preferred stock, including interest on fourth Orange & Alexandria, second Orange Alexandria & Manassas (estimated i, W. C*.
V. M. & G. S., principal and interest and floating debt, $2,948.219.
Total preferred stock, $4,002,732
total bonded debt.
$7,365,020 ; grand total, $11,367,752. The scheme of reorganization under which this statement is made is as foUows
All the works and property, franchises, rights and privileges
of the company shall be sold under a decree of the Circuit
Court of Alexandria, and three trustees appointed by the parties representing a majority of the claims.
These trustees
shall purchase the property and franchises for the creditors and
organize a new railroad corporation, and shall execute six mortgages, as follows: The first upon the road between Alexandria
and Gordonsville, including the Warrenton branch, the bonds to
be issued to all holders of original bonds, funding certificates
and coupons under the first mortgage of the Orange & Alexandria Railroad Company; the second upon the road between
Alexandria and Gordonsville, and between Gordonsville and
Lynchburg, including the Warrenton branch, to cover the
second Orange & Alexandria mortgage; the third on the same
line of road, to cover the third Orange & Alexandria mortgage; the fourth on the same road, to cover the fourth Orange
& Alexandria mortgage ; the fifth upon the road between
Manassas Junction and Harrisonburg, to cover the first mortgage of the Orange Alexandria & Manassas Railroad Company;
the sixth upon the road between Lynchburg and Danville, to
;
,
;
;
:
;
;
:
cover the mortgage of the Lynchburg & Danville Railroad. The
capital stock of the new company shall be constituted of the
interest to July 1, 1879, upon mortgage bonds not provided for
by the new issue, &c. The new company shall, at the first session of the Virginia Legislature after its organization, apply
for authority to issue preferred stock at 6 per cent premium,
in lieu of the common stock, in lieu of interest on the several
mortgage bonds, and shall issue common stock to all holders of
common and preferred stock of the Washington City Virginia
Midland & Great Southern, the Orange & Alexandria, the
Orange Alexandria & Manassas, and the Lynchburg & Danville
roads. Interest shall not commence on the bonds of the new
company until July 1, 1880. The new company shall agree to
become the owner of the road from Charlottesville to Orange
Court house, provided the road is completed by July 1, 1880.
The trustees shall have full power to determine the amounts of
the new bond issues, to fix the par value of the capital stock,
&c, and shall have charge of the business of effecting the
reorganization.
After considerable discussion, a committee of nine was appointed to consider the plan, amend it if necessary, and report
Messrs.
at a future meeting. The committee as named were
Robert T. Baldwin, L. L. Conrad, Colonel Wilcox Brown, Win.
F. Frick, Skipwith Wilmer, of Baltimore J. W. Burke, Alexandria, Va.; H. R. Garden, Warrenton, Va. Joseph Bryan,
Richmond Va.; C. M. Blackford, Lynchburg, Va.
On motion of Mr. Garden, it was decided that the committee
should have their report printed and distributed to the various
bondholders prior to the called meeting.
The following resolution by Major Blackford was also adopted:
Resolved, by this meeting, that, believing it to the interest of
all parties concerned that the Charlottesville & Rapidan Railroad should be constructed and completed at the earliest practicable date, on the terms authorized by the decrees of the
Circuit Court r of Alexandria, and in the action of John S. Barbour, receiver, in entering into the contracts, we hereby request
the Circuit Court of Alexandria to extend the time of the contracts, to confirm the action of the receiver, and to take any
further action to validate the scheme of construction of said
r°ad.
The Charlottesville & Rapidan Railroad is a projected line
from Orange Court House to CharlottesviUe, now under construction, which,when completed, will furnish a continuous connection between Alexandria and Lynchburg. The meeting
finally adjourned subject to the call of the chairman, under Mr.
:
;
;
Wilmer's resolution.
;
.
.
:
:
[Voi, XXIX.
O O T T O N.
^ ,jmmei c ^}LS!??^?i~~'
rite
Thubsday. P. M., July
Thursday Night, July
3, 1879.
To-inorrow being the national holiday, business is entirely suspended, and will also be in great part on Saturday, so that the
week has been a broken and dull one. The Exchanges will not
Congress adjourned on the 2d,
re-<,|..u until Monday, the 7th.
having passed most of the necessary appropriation bills, and
abolished the import duty on the sulphate of quinine. This
latter act probably marks the beginning of a radical change in
a statement of the stocks of leading articles
of domestic and foreign merchandise at dates given
i
Receipts this w'k at
802
146
45
Mobile
:
Pork
Beef
<c«.
and
527
bbls.
154,181
20,493
bhds. 39,659
Lard
ten.
hales.
Tobacco, foreign
Tobacco, domestic
Tobacco, wed leaf
Coffee. Hio
Coffee, otber
Coffee, Java, 4c
cases.
1(1,903
bag*.
75.972
59,600
<n,ii7
B5.633
27,325
045,600
3,286
9,158
8,000
137,100
128,130
20,859
1,205
2,825
6.500
1,200
7,183
12,000
4,667
27.158
22,005
baa.
mats.
bhds.
boxes.
bags, <tc.
Bugar
Sugar
Sugar
ebulo
bhds.
bhds.
JfolasM's, foreign
Jlolasscs, domestic
bbls
No.
Hides
Cotton
Rosin
bales.
bbls.
bbls.
bbls.
Spirits turpeutine
Tar..
bags.
Bice, E. I
Bice, domestic
bbls.
and
tcs.
bags.
bags.
Linseed
Saltpetre
bales.
bales.
bales.
Jute
Jute butts
Manila hemp
1879.
June
1.
92,069
i,129
120.261
21,775
32,297
1,117
2,973
618
185
12
120
860
41
986
203
550
363
27
828
342
870
83
823
95
433
360
1
<fce
232
497
1,303
61^06
990
1,228
1,352
2,421
3,206
11
6
169
,21
137
128
13
13
148
358
69
39
259
846
31
6
18
594
43
3,008
5,949
0,102
8,661
6,531
67,686
25,872
769,500
2,7.-2
689
67,31)1
1,293
1878.
July 1.
S9.725
2,988
21,167
35,809
17,869
104,411
38,800
None.
75.22
11.225
132,800
87,847
66,300
Port Royal,
Florida.
Norfolk
City Point, &o
713
9
28
1,181
1
Kl>l
1875.
1876.
1877.
1878.
1879.
is
1879.
July 1.
bbls. 114,465
1879.
from the South to-night, is given below. For the week ending
reached 3.008
this evening oJuly 3), the total receipts have
bales, against 6,293 bales last week, 7,188 bales the previous
week, and 6,612 bales three weeks since; making the total
receipts since the 1st of September, 1878, 4,423,911 bales, against
4,243,264 bales for the same period of 1877-8, showing an increase
since September 1, 1878, of 180,647 bales, The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:
tariff policy.
The following
3,
as indicated by our telegrams
The Movement of the Chop,
COMMERCIAL EPITOM&
The
:
THE CHRONICLE.
20
our
..
Total this
week
...
Total since Sept.
1
'4,423,91 lJ4,243,264 3,944,758 4,061,770 3,461,465
4,068
2. COO
207,000
10,000
130,600
158,338
21.239
2,234
2.913
4,200
4,350
26,693
14,500
5,208
78,995
40,239
115,3011
31.070
3.193
1,650
4,300
1,150
98.700
7,550
3.75-1
16,434
58,534
provision market has shown considerable firmness during
of fair proportions, and a
; the movement has been
the week
satisfactory state of affairs has generally prevailed. To-day
there was a reaction, and much easiness prevailed ; old mess
The exports for the week ending this evening reach a total of
9,26b bales, of which 7,379 were to Great Britain, 1,000 to
France, and 889 to rest of the Continent, while the stocks as
made up this evening are now 180,318 bales. Eelow are the
stocks and exports for the week, and also for the corresponding
week of last season
EXPORTED TO—
Week
ending
July 3.
Great
France.
Britain.
this
Same
Week
Week.
1878.
Total
Continent.
499
499
N. Orl'ns
STOCK.
7,929
Mobile .
Charl't'n
....
....
1878.
24,700
118
487
1,492
2,396
2,027
2,441
4,405
6,081 131,051 107,188
1,593
1,533
1,020 18,000 17,000
Savan'h.
Galv't'n-
1879.
22,198
2,551
1,000
290
3,212
1,922
pork, however, was quite active at the new figures of $9 50@ N. York.
4,102
4,102
Norfolknew
at
July
and
August
for
choice
quoted
$10
25
latter
;
;
$10,
100
1,455
1,355
Other*..
were quoted at $10 10@$10 20, September at $10 15@$10 25.
r
Lard, also, was lower, at 6 37^c. for prime western, and C 25c. Tot. this
15,030 180,348 158,838
1,000
889
0,268
week..
7,379
for prime city ; for future delivery August sold at 6'42^@
6'45c, September quoted at 6'50c, and October 6 50@6'60c; Tot.since
Sept. 1. 2020,800 410,667i916,050 3347,537 3289,310
refined quoted at 6"75e. Beef was higher and firm, with sales
* The exports this week under the head of
other ports" include, from Baltiof extra mess at $11@$12. Bacon was dnll and quite irregular more,
100 bales to Bremen; from Boston, 1,355 bales to Liverpool.
at 5*15@5 20c. for long clear. Butter and cheese have latterly
From the foregoing statement it will be seen that, compared
been quiet, and some reduction in prices has been made.
with the corresponding week of last season, there is a decrease
Raw sugar has met with a fair demand at steady prices fair in the exports this week of 5,762 bales, while the stocks to-night
are 21,510 bales more than they were at this time a year ago.
to good refining at 6%@'63£c.
In addition to above exports, our telegrams to-night also give
Hbds.
Boxes.
Bags.
Mrlado.
Receipt - since July 1 1 879
2,211
us the following amounts of cotton on shipboard, not cleared, at
19,086
Salessince
8,008
250
We add also similar figures for New York,
the ports named.
Stock July 2, 1879
85,835
27,325
674,464
3,286
which are prepared for our special use by Messrs. Carey, Yale &
Stock July 3, 1878
74,473
1 1 ,305
138,292
689
Btock July 5, 1877
105.571
19.974
243.590
1,680 Lambert, 60 Beaver street
Refined has been in good demand and firm, with crushed still
On Shipboard, not cleared— for
Bj6©8 rv. Hire has been in better demand latterly, and lias
Leaving
Jdly 3 ATLiverOther Coast_
Stock.
mled firm. Molasses has been in moderate demand and steady
France. Fol
Yivpijrn
pool.
wise.
e K1]
SO-test refining has remained at 24c. Rio coffee has sold only
not re ceived...
moderately on the whole, but closes very firm for the better New Orleans.
...Tele gram
None. None.
None,
None,
None.
Mobile
2,551
grades fair cargoes still 13%c.
not re ceived...
Charleston...
...Tele gram
The market for Kentucky tobacco has remained quiet, and Savannah
None.
500 None.
None.
500
1,896
the sales for the week aie only 350 hhds., of which 75 for Galveston
None.
None.
None.
None.
None.
2,441
York
Not
cd
New
receiv
«iport and 275 .for home consumption. Prices, however, are
1,000
None.
None.
500
18,093
1 ,500
quite firm lugs are quoted at 3@5c, and leaf 5^@12c. Of Other ports..
seed leaf, also, the movement has been moderate, sales aggreTotal
1,500 None.
24.981
None.
500
2,000
gating only 584 cases, as follows 300 cases crop of 1877, Penn• Included in this amount there are —
bules at presses for foreign ports, the
sylvania, 9 to 35c; 150 cases crop of 1877, New England, 13 to destination of which we cannot learn.
30c; 65 cases crops of 1872-76, State, and 79 cases crop of 1876,
The following is our usual table showing the movement of
State, private terms.
cotton at all the ports from Sept. 1 to June 27, the latest mail dates
Naval stores have continued without features of interest.
RECEIPTS 8INCE
Spirits turpentine, however, at the close is lower, owing to the
EXPORTED SINCE SEPT. 1 TO—
SEPT. 1.
prolonged inactivity ; quoted at 27c; common to good strained Ports.
Stock.
Great _
Other
Total.
rosins quoted $1 30@1 35. Petroleum has be,en advancing,
1878.
1877.
Britain. Fr a»ce.i Fore ig„
r
owing to the refusal of refiners to grant offerings ; for refined,
N.Orlns 1170,181 1365.164 667,730 215 619 345,578 V228,927 23,581
in bbls., here VAc. was bid to-day and refused.
Metals have
been quiet, but ingot copper remains firm at 10%@16^e. for Mobile. 361,244 411,312 57.P54J 33 5S3| 29.677 123,214 2,624
Char'n* 514.168 457,359 150,410 57 140ll76.143 383.693
629
.Lake.
616 232,6
461,355
3,310
A good business has been done in ocean freight room, par- Sav'h 704,546 593.447J 205,032
561,292 444,488| 223.518
478 61,010 347,006
2,742
ticularly in berth tonnage the demands have been principally Galv.*
,993 21.856 275,693 134,551
•from the grain trade. Petroleum vessels have been less active, N.York 147,510 142,7071 237.842
11,257
56,417
13,756
135
,967
15,858!
owing to the advanced price of the product. Late engage- Florida
050 18,589
65,1 111
323
ment* and charters include (irain to Liverpool by steam, 4d., N. Car 134,824 142,512 44,472
Norf'k'
558,497 505,671] 193,829
713
5,098 199,010
60 lbs.; provisions. B5s.©87a. ijd.; grain to Londonjby steam, 5d
1,650
406 18,398 237.772 17,500
60 lbs.; do. to Hull, by steam, 45/g @454@4^d. for this and 5^d Other.. 212,191 160,368! 218,878
-for nest week
do to Bristol, by steam, 5d., 60 lbs.; do. to rhisyr. 4420,903
2013,421 409,637 915,161 3338.269 186,910
Cork for orders, 4s. tkl.fals. 7^d. per qr.; do. to Hamburg or
1237,315 2104,683 493.216 676,381 3274,280173,689
Bordeaux, 4s. 3d.; do. to Marseilles, 4s. 6d.; refined petroleum Lastyr,
io east coast of Ireland, 3.'-. 3d. per bbl.; crude do. to Havre,
» Under the head of Charle»lon is Included Port Bora], &c.: under the head of
-
-
-
*'
-
;
,
,
I
.
.
j
;
.
. . .
;
:
-
i
|
.
;
:
;
-Ss.; do. to
Passages,
4s.;
refined do. to Limerick, 3s. 6d.
Galveston Is Included Indlanola. 4c.; under the head of
Point, 4c.
NorfM is
Include
1
City
v
July
1
.
:
T
:
THE CHRONlCLEi
5, 187C.1
2L
The following will show the range of prices paid for future*,
The Cotton Exchange adjourned on the evening of Wednesday
the closing bid and asked, at 3 o'clock P. M., on each day in
morning of Monday consequently, the week under review and
to the
;
the past week.
embraces the business of only four days, with trade and specula'1 ..ii.i..
Saturday.
tion both seriously impeded by the near approach of the national Futures
Cotton on the spot was quoted 1-lOc. higher on Satur- Market.
holiday.
Firmer.
Lower.
day and again on Monday, but on Monday the advanco was not
For Day.
Closing. For Day.
Closing.
fully maintained at the close, and there was a reduction of l-10c.
on Tuesday, with Middling Uplands at 12 7-lflc, at which the
Wait. Low.
Bid A»t togh. Laic. /*/. Ait
12-60 12-50 12 55 —12 59-12-47 12 43 45
market closed steady on Wednesday. A revival of demand at July..
" s.n. 12-55-13-54
— — 12-55-12-55 _ _
main
cause
of
was
the
the
spinners
Manchester
August. 12-68-12-61 12-61 — 12-69-12-52 12-51 52
Liverpool from
Sept'b'r 12-5012-41 12-46 - 12-54-12-30 12-36 —
advance, but there was very little done for export. For future October 11-60-1 1-53 11-57 58 1163-11-48 1117 49
IV1 6-11-08 1 1 -06 08
The bears NovMn-i llls-U-12 1113 14
delivery, the speculation has been quite sluggish.
Dec'ber 1110-11-06 1105 — 11-09-11-11 11 0001
and bulls have alike seemed disposed to close accounts on the Jan'iy 111 1-11-09 1111 12 1108-11-03 11-02 04
_ • _ 11-08 10
Fclj'rv.. 11-20-11-20 11*1817
eve of the closing of the Exchange for three business days. The M.ii-.h 11-31-11-31 11-26 30 — i —
— —
12-55
1245
higher prices of the week wore male early on Monday the low- Tr. ord.
Closed.
Weak.
Weak.
est early on Tuesday, repeating about the course of values last
Wednesday.
Thursday.
week. On Wednesday there was a slight advance, but a very FiifKres
Turaday
>
.
.
Irregular.
For Day.
forward delivery for the week are 148,500
For immediate delivery the
free on board.
bales, including
total sales foot up this week 2 434 bales, including 300 for export,
In transit. Of
for speculation, and
3,1^4 for consumption,
The following tables show
bales were to arrive.
the above,
the official quotations and sales for each day of the past week:
The
total sales for
—
—
—
June 29
July
—
NEW ORLEANS.
TEXAS.
in.- Sat. ITIon Tue* Sat.
.11. .11
Tue*
11%
11%
11%
12%
12%
ll 3 lfl
119,«
127,8
129,8
12%
12%
11%
11%
11%
12%
12%
12%
13%
1215,0
133,8
12%°
13%
1313, 6
1413,6
UPLANDS.
to
Sat.
3.
Ordin'y.^Ib 11
Strict Ord.. 11%
Good Ord 1134
Btr. G'd Ord 12
Low Mirtd't' 12i8
Btr.L'wMid 125 ia
Middling.. 12T 1S
Good Mid
125l
Btr. G'd Mid 13
Midd'g Fair 13H 16
1111,0
Fair
-
Wed
il. >ii
H'l6
ll 7 is
1113, e
Ul8
11
1138
111-2
11%
12
(
Wed
Th. Fit.
11 T8
12%
1214
127,0
129,8
12%
13%
Frl.
Til.
Good Ord. 1134
G'd Ord 12
Btr.
Low Midd'g 12%
Btr.L'wMid 12B,o
:
S3
Fair
1313,0
1413,0
14ii,o
STAINED.
lb
Middlir.5
Middling
Til.
127, 8
12»,a
13%
Frl.
A.t
12-41-12-38 12 38 39
—
>,
II..11
i'iim
11%
11%
11%
1115,8'll%
12%
123,0
MAKKET AND
113,8
119,6
11-47-1 1-44 11 45 46
1107-11-05 11 05 06
1-U2-1 1-00 11-00 01
11-05-1 1-02 MIJIll
1109 r:
1
1
—
11%
12%
12%
a
w
a
Frl.
Holi-
Holi-
day.
day.
SALES.
SALES OF SPOT AND TRANSIT.
SPOT MARKET
CLOSED.
Ex- Con- 8pec- Trau
portJ sump, ut't'n Bit.
12-40
Steady.
Mod
.
Tues
.
Total.
Wed JDull
Tlmrs
97
521
3(57
Frl.
!
Holi days.
eries.
300
800
39,800
41,800 1,700
31.400 2,600
667
£
300i 2.134
Total!
Sales.
275 35,500
275
071
521
t,
2,431|148,500
5,400
For forward delivery the sale3 have reached during the week
148,50;) bales (all middling or on the basis of middling), and the
following is a [statement of the sales and prices
:
Bales.
Cts.
cts.
1,900
3,000
1281
1285
12 J«
500
12 «6
Bales.
2.800
2,500
3.400
1,500
8.700
1287
2,ll!0
l:-68
12-09
1.700
For July.
Bales.
100
000
12-39
12-40
300.
12-41
200
200 s.n.ltn. 12-42
12-42
1,600
12-47
100
100
12-4S
12-49
100
800
900
83,300
1147
1148
1149
1150
300
800
400
600
350)
5,100.
12 37
2,300
1.100
100
11-59
11-60
12-54
100 s.n ... 12-55
100 s.n. st 12-55
...1X-3S
...12 39
11(12
1255
100
100
2..-I00.
1250
12 52
12-53
BOO.
100
s.n. I»t.l2-S4
1,100
500
300
500
200
12-58
12-58
12-59
100
1260
7,800
100
S00
4,500.
3,800
5 000...
2.7.10.
300.
1.900
1.600
4 500
2.600
8000
For August.
12-ro
8 700
1*61
12-51
5,6-0
3,100
1,000
..12-51
1100
4,000
3.000
.12;.2
2,300...
1..00....
.
2.700...
2,100 ...
.12-55
2,200
1,800.
600.
1,300
2,400
..
..
5,000
.
100
.
12-41
...12-43
12-43
12-44
12-45
12-46
li-47
12-48
12-49
12-50
1252
12-53
12-54
300
1108
1107
1108
1109
1,100
11-10
100
20»
500
300
400
900
S00
1111
1112
100
For October.
11-44
...1100
1,000
1101
300
100
100
600
2C0
300
600
11-02
11-08
500.
~
1101
1105
11-09
...
1107
1109
1110
For January.
1102
1103
1104
1.X00
1105
400
1108
200
1109
300
800
200
100
100
500
800
11-10
400
1114
1111
11-18
11-13
4,000
11 13
11-20
700
11-16
;.
1117
1118
For March.
11-22
11-31
100
100
9.900
I
•90
Ask High. Low.
Closing.
But. Am*.
—
—
—
—
—
—
—
Tr. ord
12-45
Closed.
Dull.
To 2 P. M.
Visible Supply, &c.
•
changed
We shall
—Our visible supply figures
this week, as
we have
we leave un-
received so few of our reports.
publish the table for two weeks in our next issue.
Our Bombay and Alexandria figures have also
us to-day, and therefore appear unchanged.
failed to reach,
as reported last week, is as
follows
1879.
636.000
45,750
1878.
1877.
1876.
818,000 1,009.000 1,012.000
11,750
46,000
52,000
Total Great Britain stock .
Stock at Havre
Slock at Marseilles
Stock at Barcelona
Stock at Hamburg
8tock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other conti'ntal ports,
681,750
107 250
2,250
40,000
3,000
21,750
42,000
929.750 1,055.900 1,064.000
218,500
218,500
170.000
6,500
10,000
8.000
35,500
52.000
88,750
7,000
16.500
15,000
47.250
73.250
54,250
58,500
57,250
61,250
12,250'
11.500
15,500
6.500
7,750
19,000
26,750
16,000
25,500
Total continental ports....
228,400
Stock at Liverpool
Stock at Loudon
1,250
400
7,300
418,750
462,750
463,250
Total European stocks.. .. 910.150 1,249,500 1.517.75J 1.527,250
India cotton alloat for Europe. 332,000
244.000
336.000
405.000
Amer'n cotton afloat for Eur'pe 103,000 132,000 227,000 187,000
Egypt,Brazil,Jcc.,afltforE'r'pe
12.000
12,000
19,000
21,000
Stock in United States ports .. 186,998
173,737
256,914
278.257
Stock iu U.S. interior ports...
14,660
13,357
20,589
35,430
United States exports to-day..
200
3,000
4,000
Total visible supply
Of the above, the totals of
follows
1,561,808 1,823,794 2,397,253 2.457,937
American and other descriptions are as
A mencan—
Liverpool stock
Continental stocks
American afloat
491,000
186,000
103,000
for Europe....
United States stock
United States interior stocks..
United States exports to-day..
18rf,998
Total American
Hast Indian, Brazil, die.
Liverpool stock
London stock
Continental stooks
India afloat for Europe
Egypt, Brazil, &c, afloat
984,658
649,000
355,000
132,000
173,737
13,357
14,660
3,000
the
Total East India,
Total American
—
week
|Ml. to exch. 500 Oct. for Sept.
100 July for 100 July a. n., even.
12 pd. to exeb. 200 July for Aug.
143,000
45,750
42,400
332,000
12,000
&o
Total visible supply
For February.
1114
1115
The following exchanges have been made during
•10 pd. to exch. 1.500 Sept. for July.
•00 p.l. to axon. 700 July for Auk.
•10 pd. to exch. 200 July for Auk.
Cts.
5,700
11-115
100
8.000
64300
500
11-63
For November.
.12111
12-82
12-0(1
1161
1,000
1,601
12- .-16
..1257
ll-.'H
22,100
12-51
BUI.
For Day.
642,000
379,000
227,000
256,914
20,389
200
536,00ft
337,000
187,000
278,257
35,430
4,000
11-55
1240
.
400....
Bales.
8,100
11-53
11-54
11-55
11-56
1,100
1,000
For September.
For December.
...11-31
12-32
12-83
12-34
12-35
12-38
200
100
_
100
Cts.
11-45
11-46
Friday-
Deliv-
I
st'dy, i 16 ad
ull, ea'r, i.oadv
V
Dull at ',« dec
Sat.
Low. 3ld. Ask nigh. Low.
July... 12-42-12-39 12-4142
" s.n.
August. 12-56-12-53 12-51 52
Sept'b'r 12-39-12-36 12-36
October 11-50-11-47 11-47 48
Nov'ber 1109-1108 11-07 08
Dec'ber 1103-1100 110102
Jau'ry .
11-03 05
Feb'ry
11-12 15
March..
11-22 26
11-2125
.
Holiday.
Closing.
!P.gh.
•3
O
Wed Th.
113,8
119,8
For Day.
Closing.
a
09
12%
13%
113,8
119,8
For Day.*
—
-
12-53-12-50 12 51 32
12-3912-32 12 34 35
Holiday.
The Visible Supply of Cottoh,
;
>>
1313,6
1413 16
Sat.
$
Good Ordinary
Strict Good Ordinary
14%
129,8
n
12%
13%
G'd Mid 13
Midd'gFair 13ii,e
Wed
^>
O
Btr.
123,0
125,8
11%
11%
11%
12%
12%
>»
127]8
129,0
Middling... 127,a
Good Mid..!l234
1115,,
1313,0 1313,8
1413,8 1413,0
11%
11%
11%
12%
12%
11%
Strict Ord.
11%
11%
ll'is
119, 6
11 78
111*,,
1218
123,o
1214
125,,
123,8 1218
1238
125,
127,« 12ia
l2ia
I2»l,
12»io 12=8
12?8
1215,6'
1213,0 1234
13% 133,„
131,0 13
1334
1311,0 1313,0 13'a
14* l-t"l6 1413,o 14*8
1--246
Ordin'y.ftlbll
Low
Firmer.
Market.
-Ionia*.
ll.l
;
limited business.
<
,323,294 1 ,525,503 1,427,687
169,000
11,750
63,750
244,000
12,000
367,000
46.000
83,750
356,000
19,000
426,000
52,000
126,250
405,000
21,000
577,150 500,500
871,750 1,030.250
984,658 1.323,294 1,525,503 1,427,687
1,561,808 1,823,794 2.397,253 2,457,937
63] 6 d.
6d.
6 7ed6»i«d.
These figures indicate a drtrease in the cotton in sight to-night
of 261,988 bales as compared with the same date of 1878, a decrease of 835,445 bales as compared with the corresponding data
of 1877. and a decrease of 896.129 babs as compared with 1876.
Price Mid. Upl., Liverpool....
At thk Interior Ports
:
1
the
movement — that
is
the receipts
and shipments for the week, and stocks to-night, and for the
corresponding week of 1878
statement:
—
is set
out in detail in the following
.
.
Week ending July
Receipt* Bblpm'ta
'Huron. 0»
Montgomery, Ala
Bohua, Ala
Memphis, Tenn..
Nashville, lYnu.
2,020
"87
14
890
110
"90
58
1.875
1.127
5,720
1,195
8
180
202
.
70
121
Columbus, MiM..
Kufmila, Ala
as
23
Bhrcveport, 1j» ..
Vlcksburg, Mlsa
948
290
Week ending July
5, "78.
Receipt* Shipmta Stock.
1-7
136
14
10s
56
669
2, 505
898
278
245
295
657
695
1.2S0
610
121
1,305
5,017
79
799
12.811
1.309
3,103
11,563
8
159
401
422
45
209
242
67
2S7
257
3*
63
71
103
253
102
648
251
393
157
02
2,402
Dallas, Texas....
Jefferson, Tex....
Stock.
345
420
853
Total, old porta.
3, "79.
25
72
Augusta. G«
Columbus, G»
II!
50
98
26
502
45
27
1
1
42
15
110
15
85
171
m is. Mo
O
"l4
o
51
159
207
927
249
-i.'.C-
23
2
63
22
495
299
1,492
1,952
1,678
2.160
3.730
T >tal, new p'rU
710
1.726
9,577
3,353
3.074
8.112
1.293
4.128
22.388
4,662
6,177
19,675
Ohtltn, Ga
Atlanta, Qa
Rome, via
Charlotte. N. C...
Cincinnati,
Total, nil
"
39
290
8
389
220
I
show that the old interior stocks have
decreased during the week 1,849 bales, and are to-night 1.248
The receipts at the
bales more than at the same period last year.
same towns have been 756 bales leu than the same week last
The above
totals
ye»r.
Receipts from tiie Plantations.— The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the out ports are sometimes misleading, as they are made up more largely one year
than another, at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following:
RF.CF.IPT8
Week
endingWar.
"
"
Receipts at the Port». Stock at Inter'r Ports Rec'ptsfrom Plant 'ns
"
Mar
18
25
»
"
9
"
"
HI
23
21.183
18.010
26,641
51.391
16.560
17,308
16.288
81.196
24,252
20.087
19,732
38.016
38.856
44.851
40.187
36,183
22.2-3
87.696
18,887
86,376
78.008
67.786
57.508
18.220
16.673
17.113
12,380
11.089
"
13
8.626
11.231
"
20
27
8.526
6,519
10.721
6.878
75.550
65.770
58,433
46,305
19.031
9.390
12.147
9,668
89,142
107.531
6.612J
7,188
6,293
38.025
34,154
28,315
52,154
23,287
21,240
45,768
35,811
42.386
91,977
13.058
40.033
26.382
87,294
78.9H2
15.304
32.018
31.511
7.020
17.604
13.WS1
to 93,
71,546
7.471
14,472
11,615
59,248
51.429
4,948
4,780
10,780
8.604
10,910
8,853
7,508
8,481
42,198
37,570
32,428
28.300
25,223
50,548
38,688
25,148
7,600
7,882
3,171
8,382
1,471
2.141
4.693
4,065
4,832
2.210
weather during the
have been unusually favorable
More rain has fallen in Texas,
and the crop there is now reported as doing well.
Oalveston. Texas.— We have had showers on two days of the
past week, but not enough yet, although there are indications of
more. M st sections of the State have had rain, and cotton is
doing well. Corn will be short. The first bale cotton of this
year's growth was received July second from Dewitt county, and
sold at auction, third inst., for eighty do'l rs
weight three hundred and eighty -six pounds.
;
classes miidling;
Another new bale
from Dewitt County will iirrive to-morrow (fourth). The thermometer has averaged 87, the highest point touched having been
84 and the lowest 79. The rainfall for the week is twenty-nine
hundredth* <>f a inch nml for the m nth of June two inches
knd twenty-three hundredths.
•
Telegram not received.
( .,, we .. n, 'Itx ik.- Telegram not received.
Dallas. Texas.— Telegram not received.
Brenham, Texas. Telegram not received.
New Orleans. Louisiana. Telegram not received.
Bhnteport, La.
he weather during the week has been
and rang in/ trom 67 to 95.
fair, the thermometer averaging 8
River four f..et. The rainfall is sevtnty-six hundredths of an
—
averaging 80. Nights have been cool.
Augusta, Oeorgia. We have had light rains on three days,,
but the rest of the week has been pleasant. Accounts are unfavorable, and the crop is needing rain badly, the rain we have
had this week not being enough to do much go >d. The thermometer has averaged 81, the highest being 93 and the lowest
The rainfall for the week is one inch and one hundredth,,
06.
and for the month of June one inch and twenty-one hundredths.
Telegram not received.
Charleston, South Carolina.
—
—
—
'I
—
Comparative Port Receipts and Daily Crop Movement.
A comparison of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of tbe-
We
have consequently added to our other standing:
tables a daily and monthly statement, that the reader may cou stantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week ending to-night.
PORT RECEIPTS FROM SATURDAY, JUNE 28, '79, TO THURSDAY. JULY 3, '79 .
month.
New
D'ys
Orof
we'k leans.
Mo-
Char- Savan- Galnah. vest'n.
Nor-
leston
bile.
folk.
WilAll
luing- others.
Total.
I
Sat..
80
Mon
151
TueH
Wed
1.-,
50
100
21
11
5
rhui
504
20
18
18
Tot..
802
146,
48
12
103
105
6
6
28:
The movement each mont"
Monthly
Receipts.
Sept'uib'i
October.
Novemb'jDeceuib'r
January
February
March
April
.
28,
18
48
233
104
02
70
26
SO
497
18
f
m'tu* S-nt.
.
.
.. ..
May
June
1878.
288,848
689,264
779,23;
893,664
618,727
566,824
803,883
167,459
84,299
29,472
1877.
98,491
578,533
822,493
900,119
689,610
472,054
340,525
197,905
90,314
42,14-:
1876.
236,80675,26'
901,39-.
787,76:
50O,68(
449,68b
182,937
100,194
68,939
30,030
1S&
esa
343
4(1
271
•jo
156
915
1.54R
128
1,119
3,008
1
has heen ae follows:
Year Beginning September
-
—
—
—
52,740
60,812
48,062
in general to
Texas.
dredths.
Columbus, Oeorgia. Rain has fallen during the week on oneday, but not enough to do much good. The days have been*
warm, but the nights have been cold, the thermometer averaging:
The rainfall for the week is sixty-one hundredths of an inch,
75.
and for the month three inches and forty -one hundredths.
t'avannah, Oeorgia. It has rained here on one day, the rainfall
reaching one inch and thirty-two hundredths, but the rest of theweek has been pleasant. The thermometer has ranged from 69--
Weather Reports bt Telegraph. —The
Jwlinnoi.il,
—
72.288
That the total receipts from the plantations since Sept. 1 in
1878-9 were 4,410.474 bales; in 1877-8 were 4,242,073 bales; in
1676-7 were 3.931,909 bales.
2. That although the receipts at the out ports the past week
were 6 2 '3 bales, 'he actual movement from plantations was
bales, the balance being drawn from stocks at the
only 2.2
Last year the receipts from the plantations for the
nterior pons.
bales.
ame week were 4,832 bales, and for 1877 they were
for the development of cotton.
—
59,435
1.
week appears
—
40,993
24,680
23.555
15.737
13,897
The above statement shows—
past
—
78,447
133.383 108.633 107.005
128.411 95.979 91.866
117,074
—
1878.
44.537
11
—
It has been dry here during the week,
but they have had light showers through the country, and moreThermometer about as last week (56 to 87).
is needed.
Memphis, Tennessee. Rain has fallen during the past week on
one day, to a depth of twelve hundredths of an inch, but the rest
of the week has been pleasant. The crop is developing promisThe thermometer hasingly, and the fields are clear of weeds.
averaged 79, the highest being 94, and the lowest C5.
Last week it rained on two days, the rainfall reaching one inch
and nine hundredths. The crop was growing finely. Average
thermometer 77, highest 93, and lowest 63.
It has been showery four days of the past
Mobile, Alabama.
week, the rainfall reaching sixty hundredths of an inch. TheAverage thermometer 81,.
crop is developing promisingly.
highest 93, and lowest 73. We have had a rainfall during thepast month of two inches and thirty-five hundredths.
Montgomery, Alabama. We have had rain on three days thepast week, the rainfall reaching thirty-six hundredths of an<
inch.
The crop is developing finely. Average thermometer, 82There has been a rainfall during the past month of three inches
and twenty-two hundredths.
Selma, Alabama. Rain has fallen during the past week on one
day. The crop is developing promisingly, and the cotton plant
looks strong and healthy.
We are having fine cotton weather.
Miulison, Florida. There has been no rainfall the past week,
'he weather having been warm and dry. The thermometer has
averaged 77, will an extreme range of 72 to 82.
Macon, Oeorgia.— It has rained during the week on one day-.
Average thermometer 77, highest 93 and lowest 64. The rainfall
for the month of June is three inches and ninety -eight hun-
72,477
AMI
»
91 and lowest 71.
Nashville, Tennessee.
1878.
7
56.886
—
Little Hock, Arkansas.
During the week just closed fourdays have been clear and two days cloudy, with rain on Friday
(27th) last, the rainfall reaching ninety hundredths of an inch.
The thermometer has averaged 77, the highest being 92 and the
lowest 63. The rainfall for the month of June is two inches
and ninety hundredths. Last week the weather was pleasant,
excepting rain on Tuesday and Wednesday, to a depth of one
inch and three hundredths. Average thermometer 80, highest
1877.
14
21
1878.
XXIX}
[Vol.
46,855
1878.
83.268 168.281 182.465 165.616
78,480 165,747 168,636 158,418
60,202 158.041 146.653 141.612
80.608 151.198 131,795 131.463
54.283 140.649 119,991 116,879
32,368
30.387
26.287
1877.
1879.
1878.
60.947
82.264
75,723
65,470
98
Apr. 4
"
FROM PLANTATIONS.
1877.
-
.
THE CHRONICLE.
22
at. Li
1
1875.
109,077
610,316
740,116
821,177
637,067
479,801
300,128
103,593
92,600
42 234
1.
1874.
1873.
444,05-.;
115,255
355,323
576,103
811,069
702.10S
383,324
251,433
133,598
81,780
56,010
482,689
332,703
173,986
127,346
59,501
134,376
536,90.676,29."-
759,03b
,
inch.
Vicksburg, Mis*i sippi.
Coiiniiliux, Mississippi.
enough to do much good.
— Telegram not received.
— W e have
had rain this week, but not
he thermometer has averaged 84,
the highest being 9U and the lowest 78. Corn is suffering severely, *nd cotton slightly, from drought. Cotton has deteriorated in this section during June.
'•
Tot.Jn. 30 4,421,749 4,238,246 3,939,755 4,056,109 3, 156,872 3,736,741
Perc'tage >f tot. port
receipta
June 30.
97-52
97-56
96-78
9SK5
98-22
Tbiw ntatement shows that up to June 30 the receipts at the
jortstbis year were 183,593 bales more than in 1877 and 481,994
By addin : to the
isles nmre than ai the same time in 1876
.ibove totals to June 30 the daily receipts since that lime, we
.
July
:
1
5. 1879.
ot the
movement
(or the dlfterent years.
1877-78.
1878-79.
Tot. My 31
"
—
S....
4....
"
5....
44
6....
"
7....
«•
8....
—
•'
9....
10....
"
11....
•'
12....
"
"
"
—
13....
14....
15....
16....
17....
" 18...
" 19....
"
20....
"21....
" 22....
•«•
**
"
"
"
23....
04
25....
26....
27....
28....
«
" 29 ...
" 30...
TU'iieSO
-July 1....
" 2....
"
1876-77
1874-75.
1875-76.
1873-74.
4,392,277 4,196,104 3,903,725 4,013,875 3,400,802 3,677,240
2,784
.3,090
1,962
1,351
2,269
8.
2,861
2,627
2,081
1,254
8.
2,002
2,003
2,614
1,578
8.
2,359
2,044
8.
2,562
2,978
2,821
2,396
1,886
2,714
1,570
2,671
2,309
1,243
1,044
8.
1,110
2,442
1,812
1,704
1,557
8.
1,925
3,028
1,247
2,409
833
1,312
2,241
4,161
1,531
1,401
8.
1,528
3,107
1,352
1,180
8.
1,748
2,921
1.209
2,201
8.
954
2,686
2,946
1,491
8.
1,862
1,584
1,142
1,463
1,692
3,061
2,119
1,920
875
8.
1,642
1,543
1,170
1,355
LOGO
8.
724
3,845
610
2,192
1,021
719
1,987
3,571
1,121
1,505
8.
1,596
1,899
1.634
1,196
662
8.
784
2,034
8.
2,351
1,773
2,279
2,115
8.
1,701
1,075
1,360
1,186
3,10'
1,83'
2,146
2,643
449
1,581
1,614
8.
1,375
2,701
1,210
2,097
60'
1,165
2,676
8.
869
2,780
846
1,599
1,143
8.
1,102
2,974
904
2,004
1,25
1,126
8.
1,461
51f>
8.
1,367
1,69
1,548
2,814
8.
1,465
2,044
986
1,431
1,467
1,114
2,389
194
719
1,445
1,946
72!
2,034
2,603
537
8
1,341
2,33
188
1,542
506
1,894
8.
1,490
8.
931
1,312
1,370
2,826
8.
954
658
1,026
971
854
1,1
3....
.
.
THE CHRONICLE.
|
.hall be able to reach an exact comparison
Junel
" 2....
. .
..
!1,7494,238,240 3,939,755 4,056,109 3,456,872 3,736,741
343!
918
8.
1.073
486
1,456
970
1,541
8.
271
543
806
1,176
1,548
1,864
2,518
650
1,315
Total
4,423,91114,241,340 3,943,160 4,059,700 3,458,551 3,740,318
Percentage of total
96-88
pt.rec'pts July 3
9759
9765
9989
9832
i
Alexandria Receipts and Shipments.— Receipt* and shipments to June 26, and for corresponding weeks of previous
three years, have been as follows:
Alexandria, Egypt, June 26.
Kvcetpts (oantars')—
This week
Since September 1.
Exports to Europe (bales)—
This week
Slnco Septembor 1
•
A
oantar
Is
98
1879.
1878.
1877.
2,000
2.000
5,000
10,000]
1,662,000 2,585,000 2,700,000 2,870,000
500
2,000
403,000
248,250
First Bale of Cotton
—
Galveston. The first bale of
Texas cotton of this season's growth was shipped July 1 by C.
Eckhardt & Sons of Yorktown, De Witt county, to Heidenheimer Bros, of Galveston. It reached Galveston July 2, and
was sold at auction July 3 for $80. Another new bale will
reach Galveston to-morrow, July 4, also from De Witt county.
First arrivals of cotton at Galvestoni n previous years have been
as follows:
lbs.
c—
sann period of the previous year.
(biles) from New York since
for the
Exports ok Cotton
Sept.
1,
Total
to!
1873.
First bale fr'm
Brownsville. July 10.
First otli'r bale July 23.
at
De Witt
County.
New
1874.
1875.
1876.
1877.
Exported to-
June
June
11.
Liverpool
June
Same
July
date,
18.
3,852
s*-J
1,922 234.952 314.424
Total to Great Britain 3,852 2,783
882
1,922 239,764 320,106
Havre
592
1,000
Other British ports
July
July 13. June30«
July
Aug. 1. July 17.
De WittJGalvcston Lavaca
County. County. County.
Orleans at this date.
26.
this
Great ContiBrit'n.
nent.
5,682
4,8121
.
268
13,895
week
Shipments since Jan.
Great Conti-
Total. Britain.
1.
Total.
Receipts.
This
Since
Jan. 1.
nent.
Week.
1879 4,000 6,000
281,000 504,000 20.000 727,000
1S7S
11,000 11,0001256.000 349,000 605,000 19,000 811,000
1877 15,000 7,000 22.000j347.000 357,000 704,00010,000 969,000
1876 33.000 10,000 43,000[523.000 313,000 836,000 12.000 966,000
From the foregoing it would appear that, compared with last
year, there has been a decrease of 1,000 bales in the week's shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 101,000 bales,
compared with the corresponding period of 1878.
9,102
100
115
1,000
13,995
9,217
14,499
2,202
2,835
20,518
4.986
19,206
Total French
268
Bremen and Hanover.
361
290
361
290 19,536 44,710
Hamburg
592
Other ports
Total to North. Europe
Spain, Op'rto, Gibralt'r,
All other
Ac
5,610
Total Spain, Ac
5,610
Grand total
I
2,783
4,481
•j.:t:H
1,474' 3.212'278,905 376.431
The Following are the Receipts of Cotton
at
New
York,
Boston. Philadelphia and Baltimore for the past week, and since
September 1, 1878:
Texas
Savannah
Mobile
.
Philadelphia.
This
This
Since
Since
This
Since
week. Sept. 1. week. Sept.l. week. Sept. 1.
North, p'ts
Tenn.. &o.
.
Baltimore.
|
I
I
4,232 158,409
476 125,016
1,040 141,973
11,679
13,477
34,699
2,170
.
Florida...
B.Carollua
N.Car'lina
Virginia..
Foreign
New York.
This
Since
week. Sept. 1
|
N. Orl'ans
July 9. July 16.
July 23. July 17.
De Witt De Witt
County. County.
Use of Calcutta Cotton in Great Britaln.— We are indebted
to Mr. Henry Hentz, of H. Hentz & Co., of this city, for the
following extract from a letter to him from Mr. Samuel Smith,
of Smith, Edwards & Co., of Liverpool
" We may say that our spinners use very little Bengal cotton
at any price. It is nearly all used on the Continent."
Bombay Shipments.— The movement since the 1st of January
is as follows.
These figures are brought down to Thursday,
Shipments
period
previ'us
year.
2,783
1878.
All the above-mentioned bales which were from De Witt
County were shipped by a Mrs. Haussman of that county.
This year's bale, as will be seen above, was from the same
•county, but was shipped by C. Eckhardt & Sons.
June
1878.
Weck ending-
from—
Passed through
•ii;i.ooo
This statement shows that' the receipts the past week hare
been 2,000 cantars, and the shipments to all Europe hare been
500 bales.
Gonny Bags, Bagging, 4
We have but little change to
report, and but little business is doing.
The market is ruling
quiet, no disposition being shown to operate, and no great
increase in activity can be looked for until after the holidays.
Prices are unchanged and nominal. Bagging has sold only in
jobbing lots, and for the parcels taken Oxalic, are the figures
paid.
Butts have also become quiet, and there is scarcely any
inquiry reported even in a small way, and the close is dull and
rominal, with holders quoting 2$c. cash, and 2}@2 9-10c, as to
quality and quantity.
The Exports of Cotton from New York this week show an
increase, as compared with last week, the total reaching 3,212
bales, against 1,474 bales last week.
Bilow we give our usual
table showing the experts of cotton from New York, and their
direction, for each of the last four weeks; also th« total exports
and direction since Sept. 1, 1878. and in the last olumn the total
Receipts
*
2.000
1,000
431,000
Other French ports
This statement shows that the receipts since Sept. 1 up to
>to-niorht are now H2.571 bales more than they were to the same
d*v of the month
1873, and 4^0,731 bales more than they
ware to the same day of the month in 1877. ,We add to the last
t\ble the percentages of total port receipts which had been
T j ceired July 3 in each of the years named.
Where from
1876.
i
. I
.
23
840
3,040
200 !4,269
46,075
19,977
92,207
40.159
100
3 143,895
10 56.458
6,520
147,540
9,460
1,865 133,839
341104,398
146
1.-,
1
21,018
13.242
28 53.186
27
201 60,690
27,300
7
This year.
5,997 885,156
1,909 356,813
401 88,871
175 160,848
Last year.
4,729 914.208
2,599'335,008l
759|70,554
1,8751146,737
—
Shipping News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
11,247 bales.
are the same exports reported by telegraph, and published in
Chronicle," last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
Dight of this week.
The
—
New York—To Liverpool,
Total bales.
Celtic,
per steamers Olbers, 1,779
93
To Havre, per steamer Harold, 1,000
To Bremen, per steamer Weser, 290
New Orleans—To Liverpool, per ship Northampton, 2,602
Norfolk—To Liverpool, per ship Cultivator, 4,102
Baltimore—To Bremen, per steamer Strassburg, 100
CanoBoston— To Liverpool, per steamers Semiramide, 152
pus, 532. ...Bulgarian, 547
1,922
1,000
(additional) 50.. ..Helvetia,
290
2,602
4,102
—
100>
1.231
247
Aform,
-Total
particulars of these shipments, arranged in our usual
are as follows:
Bremen.
Havre.
Liverpool.
290
!,000
New York
1,922
Now Orleans
2,602
Norfolk
4,102
100
Baltimore
Boston
1,231
The
Total
9,857
1,000
390
1
'
Total.
3.212
2.602
4,102
100
1,231
11,247
—
:
:
.
THE CHRONICLE
24
Below we give all new* rec>-iv<>d to date o'. disasters to vessels
carrying cotton from United States ports, e'c.
with
JlATTt.n »» steamer, at New Yurk. Juno 25. from Norfolk, collided
in the HerSSmilHr St. John, from New York for Sandy Hook,
in
stove
hole
a
had
and
June
fog
A.
M.
S3,
during
a
rows, N. V.,
her ten feet Ion* and four feel broad; the St. John was uninjured.
line been chattered
Tolcensen,
(Nor.)
Soptcntrio
(Br.)-liurk
Xastincton.
to New
to take remainder. alMiut 4.V) bales cotton, from Bermuda
York, ex -Ktranded steamer Lartlugton, (Br.) The S. won to comcargo
the
inenie loading nt Bermuda 00 June 86. This comiiletea
which
of tho Lartlugton, with the exception of about 150 bales
were lost.
__
*£,„.,
1864),
lUl.fcN, ship (1,207 tons register, built at Thomaston, Me., in
New Orlcuns. May 16, with 4,191 bales
(Captain Doane, of and f
cotton, 3,000 sacks of oil cake and MOO staves, was ubaudoncd at
Crow saved and landed at Falmouth.
lieu, June 11.
China, ship (from New Orleans, before reported wrecked near Lokkrii).
broke up night of June 13. The topsldea, masts and 45 bales cotton
washed ashore. It was hoped the remainder of the cargo was still
[Vol. XXIX.
BRJBAOSTOFFS.
Thursday,
P. M.,
July
3,
1879.
Prices of flour have rather favored buyers, and this has led
to more activity in business. Still, the depression has been
most decided in the better grades from winter wheat, of which
the supply is ample. The low strong extras from spring wheat
are still not plenty, and rule comparatively steady. The sales
yesterday embraced large quantities of Minnesota clear and
straight brands at $4 25@$5 75. Rye flour has been quiet but
mm
Yesterfirm. Of corn meal the sales have been quite liberal.
day, there was no new feature.
The wheat market has been unsettled and irregular, owing
in the bottom.
to an effort to continue for July the " corner " on spring wheat,
Cochranf. Schr. Annie K. Webb retained to Galveston prior to
C W. June
22 from the wreck of bark C. W. Cochrane, before re|iortcd, which was felt in the ten days of June. On Wednesday, howwith a large anchor, 45 fathoms of chain and a few bales of cotton. ever, there was a partial return to a regular market, and a
HfcR », brig (Ger.). before reported at Galveston, having been ashore, &c,
brisk business. The sales embra-jed No. 2 spring, $1 05@$1 06
having repaired, sailed thence June 2H for Pensacola in ballast.
Aonixin, July 1.— The captain of a vessel which has just arrived from to arrive and on the spot, No. 3 do. at 94@96c, No. 4 do., 88@
Galveston, reports that on June 17, in Int. 41 N., Ion. — he passed
70 or HO partially burned bales of cotton, which appeared to be of 89c, and rejected 76@77c.; red winter, $1 16%@$1 17 on
New Orleans packing, and had not been many hour* in the water.
the spot, $1 14 for July, $1 08^@$1 08% for August, and
Cotton freights the post week have been as follows:
$ 1 08 for Saptembar; No. 2 amber, $1 12@$1 13 for July, the
higher figure for new crop, and No. 1 white, $1 14^(9^1 1436
Frf.
Mon.
Tucs. Wednes. Thurs.
Bator.
on the spot and$l 10 for August. All accounts agree that the
3,8® *4 3,,® 14
liverpool, steam d. Sio® 1*
crop of whaat will ba a large one, but that the foreign demand
sail
d. s 1(l ai3 M 3 18 ®13 M 3 10 ®13 M 3,8® 13 M
do
Yesterday, thera was a good demand
will also ba very groat.
®
,...®v ....®*»S
®i« ... ®»s ....®>S ...® 1«
at slightly firmer prices, and the sale? included a large line of
Bremen, steam, c. ...®V ....®V
»V ®V
ungraded Duluth spring at $1 03.
&
...® 7 18 ....®7l6|. .® 7 16
2
Indian corn was not in full supply early in the week, and
a
S' 9 18 ...»*», a |. ..»*»!«
Hamburg, steam *. ...®*»ie
s
prices advanced Jjj@lc. per bush., the latter for steamer grade,
SC
B
®1« ....a>fl ....®*a ...®ia
sail ...ft
do
which was excep ionally scarce but on Wednesday most of th*;
Amst'd'ui, steam e.
improvement was lost. No. 2 Western mixed sold at 43%@
-
,
.
V
8V
.
;
43%c,
*
Compressed.
Liverpool.
— By cable from Liverpool,
we have
June
week
Bales of the
13.
Juno
Forwarded
Bales American
Of which exporters took
Of which speculators took..
Total stock
Of which American
Total import of the week
Of which American
Actual export
Amount afloat
Of which American
June
20.
38,000
0,000
29,000
5,000
2,000
600,000
469,000
55,000
44,000
3,000
277,000
94,000
40.000
5,000
31,000
3,000
3.000
591,000
456,000
37,000
19,000
5,000
315,000
122,000
bales.
the following
at that port
statement of the week's sales, stocks, &c.
:
27.
July
4.
39,000
4,000
30,000
3,000
1,000
636,000
491,000
72,000
54,000
4,000
231,000
51,000
outside figure,
the
afloat, closing at
July, 45c. for August,
and
46)6c. for
mixed, 43c. on the spot, and 42?6c. for July. Yellow corn
Yesterday, the
still scarce ; firm.
market was rather steadier for mixed, with a fair demand.
Bye declined early in the week.with considerable sales of prime
State and Canada at G3^c; closes dull. Yesterday the market
recovered partially, and 10,009 bush. No. 1 State sold at 64c.
Barley remains nominal. Oats, with a better demand from the
trade, adverse crop accounts, and some revival of speculation,
have been more active at advancing prices. Yesterday the
market was dull, with No. 2 graded quoted at 39c. for mixed
and
40c. for white.
The following are
The tone of the Liverpool market for spots and futures, each doy of
the week ending July 4, and the daily closing prices of spot cotton,
have been as follows
Saturd'y
Spot.
ket,
Market
5 P.
A
Harden-
steady.
easier.
pi&,8
61^,8
7
7
Friday.
Very
shade
ing.
G'g
6"-i«
015,8
615,8
8,000
1,000
-.000
l.oco
(
4.OO0
1,000
Attics
Spec. 4 e jp.
Futurei
Market,
M
Monday. Tuesdoy Wedn'sdy Thursd'y
Steamer.
Mid. Upl'ds
pl'dj
Mid. Orl'ns.
rl'ns.
'•I
;
.
10,000
1,000
Strong.
>1
i,0O0
500
Quiet
but
Quiet.
closing quotations:
GRAIN.
No. 2
¥ bbl. $2
Superfine State and
June,
June-July
6=732
627 32
July-Aug
Ang.-Hept
.
.
6'-M'3
6 7s
2 ail»i8
Low
June
AtDelivery.
Aug.-Sept
Oct.-Nov
s
tfs
d.
62»32
631.,q
6«g
MOSDAY.
Delivery.
Delivery.
Juno
July-Aug
July Aug
Aug.-Sept
G15 18
Aug.-eept
631
tf**sa
7
Scpt.-Oct
Aug.-Sept
Sept.-Oct
7I32
7
031 32
July-Aug
Bept.-Oct
7
7ea> 1!7
32
Delivery.
Scpt.-Oct
Oct.-Nov
Delivery.
Delivery.
Delivery.
6lB,g
63t 32
. .
Detroit
Cleveland
St. Louis
Peoria
Duluth
Peas— Cau'da,b.& f
75
.
®
®
®
®
92
28:
,
113,883 1,616,996 2,034,551
Total
Previous week... 114,178 1,348,394 2,265,780
Same time '78 ... 88,202 1,044,772 2,181,156
63s
I
Oct.-Nov
Aug.-Sept
same ports from Jan.
544,289
790,675
548,737
19,11054,024
June
28, inclusive,
1 to
19,608 61,611
38,409 38,747
1879.
1878.
1877.
1876.
Flour
bhls.
3,182,925
2,832,815
1,980,176
2,623,048
Wheat
bush.
30,093,371
45,364,099
13.968,315
2,386,945
1,546,856
28.985,777
4 1.904,384
12,267,532
2,818,582
1,994,465
7,998,297
34,804,507
9,256,807
2,627,037
895,874
22.829,970
36,719,119
12,028,436
2,906,393
93,300,187
90,850,771
55,582,592
75,365,818
615,.
6I832
Wednesday.
dlOjj Scpt.-Oct
July
July-Aug. 0'3,8®a' 33 8cpt.-Oct
Aag.-8cpt..62»32®i5,el Nov.-Deo
W
State, 4-rowed
State, 2-rowed
for four years:
Delivery.
O2O32
027 32
Aug.-Sept
July
Milwaukee
Toledo
Total receipts at
Tuesday.
July-Aug
Barley— Canada
Delivery.
6 29 32
Delivery.
July... .0 78® 27 52®'3i6
No.3 spring, $ bu. $0 94 ®0 90
1 05
® 1 07
No. 2 spring
76 ® 78
Rejected spring..
Red winter, No. 2 1 l~i«®l 18
White
1 12 ®1 16
No. 1 white
1 14H>®1 15
Corn— West, mixed
41 ® 44
Western No. 2...
43»4® 43*2
43 w 4f>
Yellow Southern.
White,
48 a 02
do
Rye— Western
59 ® 61
62 ® 64
State and Canada
Oats— Mixed
36 ® 39 ^a
White
39 ® 43
Barley, Rye,
Corn,
Oats,
hush.
bush.
bush. bush.
bbls.
bush.
(56 lbs.) (32 lbs.) (48 lbs.) (56 lbs.)
(196 lbs.) (60 lbs.)
6,510 22,323
40,159 697.408 1,458,711 305,182
42.480
2,100 15,420
58,710
48,558 406,390
16,538
15
85,774 143,047
868
1,571
12,957
136,345
472
4,131
12,800
2,628
6,800
9,900
62,832
4.500 6,271
13,952 224.992 200,525
13.340 143,100
740
91,500
6,000 8,670
45,987
18,930
3,700
Middling clause,
July-Aug
7
Wheat—
Wheat,
Flour,
Chicago
Delivery.
d.
8ept.-Oct... 0'5,8®3l32
June-July
week ending June
same week, are given
Saturday.
d.
Delivery,
3 30
*
Western
3 50® 3 90
Extra State, Ac
4 05® 4 25
Western spring wheat
4 00® 4 40
extras
do XX and XXX... 4 50® 5 75
Western winter shipping extras
4 25® 4 65
do XX and XXX... 4 75® 5 75
Minnesota patents... 5 50® 7 50
City shipping extras. 4 15® 5 25
Southern bakers' and
family brands
5 25® 6 00
South'u ship'g extras. 4 40® 5 00
Rye flour, superfine. 3 20® 3 60
Com meal
Western.&c
2 00® 2 30
2 50® 2 55
Brandy wine, &c
for the
actual soles of futures at Liverpool, for the
below. These sales are on the basis of Uplands,
unless otherwise stated.
60®
Beceipts of flour and grain at Western lake and river ports
Quiet.
steady-
The
for
and steamer
;
slightly lower, but white
FLOUR.
Market,
12:30 r
43%@^3 lAe.
September
65s
029, 2
I
Corn
Oats
Barley
Rye.
886,894
Thursday.
Delivery.
July
July-Aug
„.6'8
6*7 3 2® 'a
Aug.-8cpt..6i 5 n«^i»a
Delivery.
Sept.-Oct. . 615, 6 ®31, Q
.
Oct.-Nov
ev
Total grain....
Shipment!.
Oct.-Nov.. n. crop,
sail...
,„
6%
Total receipts (crop movement) at the
to June 28, inclusive, for four years:
same ports from Aug. 1
—
—
.
July
THE CHRONICLE'
5, 1870.]
Flour
Whoat
Rye
....
215,527,219
in the most staple cotton and
woolen fabrics on account of former ordcu. The fcoM >f
Its
market continued very Ann, and while nearly all kinds of
190,292,802
142,593,007
domestic textile fabrics were steadily held at the late advance,
there was a tendency toward higher quotations on foreign
156,266,276
Floor
bbls.
bush.
Corn
Oats
Barley
Rye
Total grain
1879.
3,337,939
1878.
2,857,404
1877.
1,997,953
1876.
2,789,988
26,129,500
39,917,192
10,454,791
1,986,72*
1,395,433
26,285,982
36,179,603
7,742,452
1,539,276
1,508,193
8.538,059
27,500,402
6,888,578
1,990,174
662,811
21,481,058
33,019,852
9,804,625
1,209,949
809,832
79,883,644
....
75,224,959
Rail and lake shipments from
45.590.0S4
staples
Domestic Cotton Goods.— The exports of cotton goods from
markets during the week ending July 1st
were 1.191 packages, the more important quantities of which
were shipped as follows 794 to Great Britain, 157 to Chili,
84
:
to Mexico, 50 to Hayti, 52 to British
and bleaehed cottons were
Week
Flour,
Wheat,
Corn.
bbls.
bush.
1,109,272
1,012,467
1,131,891
2,564,611
basil,
Oats,
bush,
last four
1,058.611
3,359,613
3,207,498
3,405,392
599,898
569,838
570.274
714,716
122.303
124,620
129,209
131,749
Total, 4 w'ks. 507,941
Tot.4wks '78 389,531
Barloy,
bush,
62,322
67,034
Wheat,
Corn,
Oals,
Barley,
hush,
bush.
huxh.
hush.
053,778 1,358,913 239,360 19.175
13,830
34,660 42,400
4,900
3,800
1,50 1
AtNow York
BOHtOll.
bblB.
91.700
30,028
.
...
Portland
Montreal
Philadelphia
Baltimore
New Orleans
S.30O
19,371
277,017
13,110
17,092
12,886
1170,800
307,250
3,852
Total week
113,187 1,528,547
Previous week... 172,029 1,652,524
134,0511,135,910
Cor. week '78
78,212 530,884
Cor. week '77
And from Jan.
Hour
bbls.
1 to
June
206,656
550,500
632,500
88,960
Rye,
bush.
25,160
5,000
1,000
2,873,991531,730
4.018,378 729,152
2,118,784 436.554
1,276,664 583,907
28, inclusive, for
24,105
a0,350
8,700
31,758
31,100
41,700
89,758
8,000
1878.
4,096,079
3,234,255
4,531,742
41,524,323
61,091,959
10,389,276
1 ,475,099
1,958,090
34,613,424
59,051,686
9,520.824
2,383.166
2,361,355
4,846,498
40,550,034
8,203,489
1,799,920
604,374
15,930,852
7,785,854
273,611
733,996
90,469
116,438,745
107,930,453
56,004,345
24,794,812
1877.
in
were
The most imd part men t was
hand.
in this
but beavers were in fair request by cloak manufacturers, whose
operations were also extended to cloakings and repellents.
Kentucky jeans were in moderate demand, and some of the best
makes of heavy doeskins were advanced by agents. New business in flannels and blankets was only moderate, but liberal
deliveries were made on old orders, and stocks are unusually
four years:
1879.
4,919,423
quiet, but prices
by agents on account of ba-k orders, but new business was
compara'.ivdy light. Prices of nearly all woolen fabrics are
tirmly maintained, a-idstodts are remarkably well in hand, many
popular makes of fancy cassimeres, cheviots, worsted coatings.
Ac., being closely sold up.
Overcoatings have been less active,
30
6.(0
12,100
54,500
51,240
1
vance.
stiffly
Domestic Woolex Goods.— The woolen goods market has
presented few new features of special interest. Fair deliveries'
of men's-wear woolens, flann ds, blankets, jeans, &<;., were made.
28:
Flour,
and very firm,
and yarns, large transwhich were reported at advanced prices. Print dot lis
ruled quiet and a fraction lower (despite the strike at Fall
River)—say 4%c. cash for G4x0t's and 3)4@3%c. for 56x60*s.
Prints continued sluggish aside from medium and dark fancies,
some fair parcels of which were takea by interior jobbers who
are making shipments by canal.
Receipts of flour and grain at seaboard ports for the week
ended June
Brown
Indies, 4c.
actions in
93,969 257,876
73,621228,479
5,818,241 11, 929.1 14 2,454,726
3,316,723 7,826,574 1,594,172
West
m >derate demand
Colored cottons were rather
maintained, and stocks are well
portant feature of the week's business
a very brisk demand for cotton waips
Ryo,
bush.
63,928
64,092
17,746
16,089
30,867
29,267
in
some leading makes of the latter, such as " Fruit of the Loom,"
Masonville, &c, having been subjected to a slight further ad-
weeks:
ending—
June 28
June 21
June 14
June 7
the
cost of
this port to foreign
60,325,316
same porta for the
4c, because of the enhancad
from which they are manufactured.
linen goods,
silks,
Comparative shipments of floor and grain from the same
porta from Jan. 1 to Jane 28, inclusive, for four yearn:
Wheat
29
but there was a steady movement
86,192,138
85,435,094
98*938,127
9,468,691
4,503,199
bush.
Oats
Barley
Total grail)
1877-8.
5,605,200
1878-0.
5,917,481
bbls.
Com
.
1876.
light.
Wheat
bush.
Corn
Oats
Barley
Rye
Total
The
Foreign Dry Goods.— There was a fair demand for silks
and linen goods at slightly improved prices, but other descriptions of imported goods ruled quiet and will probably continue
so until new autumn goods come to hand.
Importation* of Dry Good*.
supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
visible
and
porta,
lows
by
in transit
New York
New York,
bush.
1,398,800
afloat.
169,000
Albany
800
Buffalo
2,109,570
4,391,690
1,393,690
205,241
139,750
173,526
160,000
157,544
1,360
159,412
160,308
393.043
18.740
5,200
82,688
298,911
Chicago
Milwaukee
Duiuth (21st)
Toledo
Detroit
Oswego
Louis
Boston
Toronto
Montreal (14th)..
Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore
Rail shipments..
Lake shipments.:
On Canal
(est.)
Total
May
June
canal,
June
28,
was as
fol-
have been as follows:
1877,
Wheat,
June
June
June
and
:
In Store at—
St.
rail
The importations of dry goods at this port for the week ending
July 3, 1879, and for the corresponding weeks of 1878 and
21, '79.
14, '79.
7, '79.
31. '79.
29, '78..
404,539
704,733
910,000
13,438,605
13,892.032
13,930,328
15,601,433
15,286,257
4,943,132
Corn,
bush.
1,551,609
560,000
29,000
758,298
2,581,612
55,443
84,519
376,484
11,668
90,000
728,506
144,225
760
39,200
633,024
N'J.'JOl
27,700
41,336
851,866
873,531
1,083,080
1,060,000
11
,
Barley,
btuh.
Oats,
biiBh.
224,474
45,199
bush.
61,632
ENTERED FOK CONSUMPTION FOR THE WEtK ENDING JULY
20(1,000
111,000
22,400
398,694
25,565
'
78,839
93,662
38,000
21,096
81,992
6,055
10,000
"878
6,200
600
25*,250
30,000
1,327
619
32,705
33,913
43,547
15,900
20,336
135i802
11,450
2,689
1877.
Pkgs.
Manufactures of
Wool
Cottou
94
12,612
'32,377
'9,797
'
Silk
"24,6b'6
Flax
19,684
"
Miscellaneous
1,018
Total
342
7,034
66,247
3,600
.
Value.
1878.
Pkgs.
234
573
490
5.9
217
95,191
167,654
300,438
92,275
57,535
274
317
359
530
141
2,063
713,093
1.627
Value.
1879.
3.
1879.
I
Fkgs.
Value.
$
258
567
427
508
125
110,431
169,995
249.359
110,785
29.279
543.4721 1.885
669.849
113,001
100,«95
202.198
95,951
31,427
WITHDRAWN FROM WAREHOUSE AND THROWN
INTO THE
ING TUE SAME l'ERIOD.
MARKET DUR-
551
527,925
71,973
1 10,000
17,288
403,622 2,027;994
2.051.644
378.852
441.396
531,285
652,459
707,368
11,516,571
11.686.721
12.135,640
14, 186,506
8,983,800
Rye,
458
17,600
1,981,291
1,608,039
1,628,733
1,778,324 1,051,983
Manufactures of—
Wool
53,205
10,723
40,000
Silk
Flax
Miscellaneous
435,506
434,400
468.965
593.397
684.036
348,677
92
105
37
262
22
37,761
47,125
30.919
43,832
7,326
51"
130
118
102
163
970
40,863
31,555
11,424
27,730
7,085
219
47
210
401
16
979
37.599
57,550
35,832
31.30O
2,130
Total
Ent'd for consumpt.
2,063
166,963
713,093
1,403
1,627
118.662
543,472
1,885
164.417
669,849
Total on market
2,581
880,056
3.030
662,134
2,864
-31.206
. .
ENTERED FOR WAREHOUSE DURIXG SAME PERIOD.
THE DRY GOODS TRADE.
Thursday,
Manufactures ofWool
P. M., July 3, 1879.
Cotton
23"i
Silk
78
421
982
102.676
62.415
47,549
42,725
34,095
129
198
70
140
88
48,581
48,475
53,565
36,331
10,237
148
10
108
Total
Ent'd for consumpt.
1,948
2,063
289,460
713,093
576
665
1,627
197,189
543,472
1,885
211,35*
W,:< 849
Total at the port
4,011 1.002,553
2,2031
740.661
l.rt„ol
881.20.1
Flax
Miscellaneous.
Business in the dry goods trade has been restricted in volume
the past week, owing partly to the recurrence of the national
..
.
holiday.
There were comparatively few buyers
in the market,
and their operations were mostly of a hand-to-mouth cbaracte r
'
232
301
101
47,911
84,981
88,250
36,667
3,595
:
THE CHRONICLE
26
ilium
I
&
BANKERS,
William Street, New
S3
&
Trask
Co.,
Accounts and Agency of Bank*, Corporation*.
Individual* received npon favorable term*.
Dividend* and Interest collected and remitted.
Act a* agent* for corporation* In Darin* coupon*
Bran and
and dlTldend*. alio a* transfer agent,.
Bond*, stocks and *eenrltle* bought and sold on
commission.
BANKERS AND BROKERS.
TO Broadway A IS New St., New mork
STOCKS, BONDS »nd GOLD Bought and Sold on
Commission, and carried on Margin*.
Deposit* Received and IntereW Allowed.
Account* of Country Bank* and Banker* re
%W
walston
&
Kennedy
b.
Bankers
Co.,
BANKERS,
New
333
NEGOTIATE LOANS AND DRAW BILLS OP
EXCHANGE ON LONDON.
All business relating to the Construction
MAIN STREET
&
Hatch
BANKERS,
&
NEW YORK,
BOSTON.
70 State Street
Co.,
CUEREhPONDBNTB OP
of
Steamships.
OH
L,
Hamburg and
London, (Limited.)
BOUSE IN EUROPE,
The General Trans- Atlantic Company's
Mail Steamships,
No. 12
Boote,
WALL STREET
AND
BKTWEEX
NEW YORK AND HAVRE.
The splendid vessels on this favorite route for the
Continent—cabins provided with electric bells— will
sail from Pier (new) No. 42 North River, foot of
Morton street, as follows
Wed. July 9. 9:30 A.M.
PERKIHK. Danre
Wed.. July 16. 3:30 P. M.
FItANCK, Trudelle
Wed., July 23. 8 A. M.
CANADA, Franguel
:
PRICE OK PASSAGE, (including wine)
To Havre First cabin, $100; second cabin, $65:
third cabin, $35: steerage, $26, including wine, bed:
—
ding and
utensils.
tickets at very
reduced rates, available foe
Keturn
twelve months.
For passage and freight apply to
LOUIS DE REBIAN,
Agent, 55 Broadway.
CAJ Co.
BANKERS,
COR. OF
Atlas Mail Line.
WALL STREET AND BROADWAY
New York.
Transact a General Banking Business, including
the purchase and sale of STOCKS and BONDS for
cash or on margin.
Buy and
Sell
Investment Securities.
BOX 2,647.
P. 0.
JOHN BERENBERG, CSOSSI.BR A CO A
M. KIDDER.
C.
W. TRASK.
W. McLellan, Jr.
For West Indies and South America, Calling at
the following ports, viz.: Kingston (Jam.), Cape
Hayti, Gonarves, St. Marc, Port au Prince, Aur
Cares and Jacrael, in Hayti; Santa Martha. Sa vanilla, Carthagena and Aspinwall, in Colombia; and
Greytown, Nicaragua.
Regular Fortnightly Sailings from Pier No. 51
North River as follows
For Kingston (Jam.). Hayti and Maracalbo
:
:
July 101 ETNA
July 34
For Hayti, Colombia, Greytown, Aspinwall, Panama,
and South Pacific Ports
July 15 ALLSA
July 29
ANDES
Superior first-class passenger accommodations.
P1M, FORWOOD & CO., Agents,
ALPS
|
No. 37 Wall Street.
HAMBURG.
&
A. H. Brown
Co.,
BANKERS AMD BROKERS,
7 Wall St., Cor. New, New Vork.
Special attention to business of country bank*.
New York, New England
& Western
INVESTMENT
CO.
•
STOCKS
33
PINE STREET,
$200,000.
NEW
undersigned
on Western Farm
per cent Interest, and on choice
business property in Cincinnati, Cleveland, Indianapolis, Detroit, Chicago, St. Louis, Kansas City and
other Wgc Western Cities. Current Interest collected without charge. Loans carefully placed also on
Heal Estate 1" the Cities of New York, Brooklyn,
Jersey City, Newark, Ac.
MUNICIPAL. DISTRICT 8CROOL. GAS AND
WATF.R BONDS, RAILROAD and other CORPOR-
ATE BONDS negotiated. Defaulted Bonds converted
Into Interest-paying Investments. Coupons collected,
TEMPORARY loans made to Counties. Town*
Revenue*.
In anticipation of Taxes and other
Coupons paid for State*, Counties, Towns.
Cities, Railroad
Companies,
ADRIAN
No. 7
II.
G»x>.
P.
W.
classes of
ILW
i.
TO
12 P.
M.
Rector Street— Nearest point for Wall St. Ferry
and connects with the cars for South Ferry. Cortlandt Street -Nearest point for Jersey City and Communipaw Ferries. Park Place. Chambers Street.
Franklin Street. Grand Street. Bleecker StreetConnects with cars for East and West. 8th Street.
14th Street. 23d Street. 33d Street. 42d StreetConnects with New York Transfer Company's cabs
for Grand Central Depot. 50th Street and tfth Ave.
58th Street. 53d Street and 8th Ave. 59th St. and
9th Ave. 72d Street and 9th Ave. 81st Street and
ttth Ave. 93d Street and 9th Ave. 104th Street and
9th Ave. For up-town trains take east side stations.
For down-town trains take west side stations.
Trains will run to 58th stieet and 6th ave. and
104th street and 0th ave. alternately.
&,
FARE TEN CENTS,
NEW
SON,
Except between the hours of 5:30 and 7:3ft A M. and
6 and 7 P. M., when the fare is Five Cents.
WM. R. GARRISON. President.
M. VAN BROCKLIN, Superintendent.
YORK.
H. NIC0LAY, Auctioneer
Bonds
Stocks and
/
AT AUCTION.
Wo hold onr Regular Auction Sales of
all classes
of
'STOCKS AND BONDS
EVERY MONDAY AND THURSDAY,
His Celebrated Numbers,
ry Our Established Days 28 Years, _^f
Or
A
&80 A. M.
.
MILLER
PINE STREET,
ALBERT
It A
OPEN FROM
Special Sales on other days
ALBERT
II.
when
NICOLA Y
No. 43 Pine
St.,
Now
303-404- 70-35 -332,
be had
all dealers
I
1
required.
CO.,
York.
and his other styles may
of
throughout the aorld,
A-
'<
Joseph Gillott & Sons,
New York.
1
sic.
WILL ACT AS STOCK TRANSFER AGENT for
Railroad, Mining and other corporations, and also as
Trustee of Bondholders.
FINANCIAL NEGOTIATIONS conducted tor
State*, Counties, Town*, cities, Railroad and other
Corporations, and Individual*.
Jobm C. Sdort, President.
Wx.
all
OH
YORK.
LOANS CAREFULLY PLACKD
ana ClUes
of
STOCKS AND BONDS,
Trustees of Kstatei, Guardians. Fire A
Companies, Barings Banks,! Corporations and other
Investors. Strictly Conservative.
10
REGULAR AUCTION
hold
SALES
Capitalists,
MONEY CAREFULLY INVESTED for
Life Insurance
Mortgages, at H, 9 ft
BONDS
and
WEDNESDAYS AND SATURDAYS.
BOSTON, PHILADELPHIA AND CHICAGO.
A
Metropolitan Elevated
County Bond*
At Auction.
The
NEW YORK,
31
8TREE
and Mocks
BOUGHT AND SOLD.
(INCORPORATED.)
•
Stanton,
S.
9 J.ASSATJ
Railroad, City, and
1
INVESTMENT SECURITIES.
Capital Stock
Y
(HILLS BLOCK),
Co.,
COMMISSION.
Bank
Fisher Johnson.
W. Miller.
Special attention paid to investment orders for
miscellaneous Stocks and Bond*.
COMMERCIAL PAPER NEGOTIATED.
International
Co.,
ciiahi.es
BANKERS AND BROKERS,
2 Nasiau Street, New York.
STOCKS AND BONDS BOUGHT AND SOLD ON
&
&
Johnson
rankers and Stock Brokers,
No. 3 NASSAU STREET.
8.
York.
BUT AND SILL
GOVERNMENT BONDS, GOLD, STOCKS
MISCELLANEOUS SECURITIES.
GOSSLER
F.
S.
HARTFORD, CONN.
and
Equipment of Railroads undertaken.
Street.
;
BOND AND STOCK BROKER, Direct Line to France.
Collect Coupons and dividends;
134 Pearl
paid at once for the abo-e Securities or they
on commission, at ellerl oi tlou,
Cuh
will be sold
F. Blakeslee,
B.
RAILROAD INVESTMENT SECURITIES;
Sand, Hamilton
A SPECIALTY.
RAILROAD SECURITIES.
New York,
BUY AND SELL
Stocks
Insurance
SPECIAL ATTENTION GIVEN TO THE NEGOT1A
TION OF
WILLIAM STREET,
No. 63
rsiD. a. Blows.
biows.
II Pine Street,
Merchants,
nuil
PINE STREET.
Dealing* In
Walston H. Brown &Bro.
railroad and municipal bond* negotiated.
Sterling exchange bought and »old. Draft* on
Union Bank of London.
S.
Bailey,
S.
7
calved on favorable term*.
Sound
J.
E.
Francis,
Transact a General Banking Business.
York.
XJIX
Financial.
Financial.
lul.
Paton
Jesup,
[Vol.
Dr.Bivoisi, Vlcc-Pretfdent,
Wax*o*, Secretary and Treasurer
In 20 NUMBERS, of superior
English make, suited to every style
of writing. A Sample of each, for
trial, by mail, on receipt of 25 CTS.
ASK TOUR STATIONER FOR
THE SPENCERIAN PENS.
lTison,Blakeman,Taylor&Co
NEW VORK.
,
July
THE CHRONICLE!
1879.
5,
Innuraiiee.
Commercial Curd*.
Cotton.
L«im«N. AnaABuu a
Hong Kong &
Shanghai
Banking Corporation;
W
Office,
AOENT,
POMEROY
J».. 5»
&
Russell
Wall
St..
AND SHIP AGENT
Hong Kong, Canton, Amor, Foochow
Shuugiial and Hankow, Cnlna.
) New York Agency,
Boston Agency,
roUllKS, { 8. W. POmEhoY J«,
M> Wall St.. n.y
cintkal stkhet. S
MUKUAY
J.
ao
AT L ANTI C
COMMISSION MERCHANTS,
_
COMMISSION aEBCHAflTS
40
New
lillertou
Mutual
Insurance
Co.
Mills,
Saratoga tutor) lUfg Co.,
AND
<
•>
it>n
Hosiery. Shins and Drawer*
From
NEW YORK.
&
43
J.
Various Mills.
B(JB.ON,
15Cuaui,oby ST.
WalTB Street.
is
PH1LADKLPHIA,
DAYTHN. £«> Chutnui B beet.
W
&
New
Co.,
Tors, January
l>eair>r« Id
COTTONSAILDUCK
And
klndi of
all
COTTON CANVAS, FKLTING DUCK, CAR OvEh
lr.1,, BAGGING, RAVENS DUCK, SAIL TWLNB8
»C. • ONTARIO SEAMLESS BAOS,
AWNINO STUIPKS.'
(3 EXCHANGE PLACE,
on the 81st December, 1878:
Premium* received on Marine Risks,
from 1st January, 1873, to 31st December, 1878
Also. Auents
Bunting Company.
Uulted States
A
-3M supply
Widths aud Colors always
nil
in stoclv
So. IOO Online Street.
George A. Clark
& Bro.,
marked
off
1st January, 1878
1,848,697 38
Total amount of Marine Premiums.. $5,838,006 83
No policies have been issued upon
Life Risks nor npon Fire, discon-
nected with Marine, Risks
Premiums marked off from let January, 1878,to 81st December, 1878....
Losses paid during the
sa.ne period
$2,012,784 46
Ret urn « of Premiums and
Expenses... $859,960 58
4,186,034 92
OE JERSEY
B. F.
Stock, City,
COMMISSION MERCHANTS,
17 Water Street,
UABCOCK BUOTHEK8 * CO
Wall Stbxit.
John
viz.;
other stocks. $10,086,758 00
Loans secured by Stocks, and other-
in
701,20000
619,03) 50
1,529,259 74
Bank
the outstanding
be paid to the holders
thereof, or their legal representatives, en and after
Tuesday, the 4th of February next.
The
.
HELIX NEKDL.ES.
tint's
BROADWAY, NEW YORK.
400
&
John Dwight
Co.,
Outstanding Certificates of the issue
of 1815 will be redeemed and paid to the holders
thereof, or their legal representatives, on and after
Tuesday, the 4th of February next, from which date
all interest thereon will cease.
The certificates to
be produced at the time of payment and cancelled.
MANUFACTURERS OF
A Dividend
Mi'i;!!-(\ui!ovvri:
SODA.
New
No. II
The
6th of
York
Old Slip,
ONLY
.lobbim? Trade
of Thirty per cent,
is de-
on the net earned premiums of the Company,
for the year ending 31st December, 1878, for which
certificates will be issued on and after Tuesday, the
clared
May
NASHVILLE, TENNESSEE.
Supplied.
of the Board,
J. II.
W. Lamkin &
D.
Orders to Purchase Cotton In onr market solicited'
Refer to Messrs. THOMAS J. SLAUGHTER New
York
Wm.
AUGUSTA, GEORGIA.
Entire attention given to purchase of COTTON on
ORDER for SPINNERS and EXPORTERS
COBBESPONDBNCE SOLICITED.
References :—National Bank of Augusta, Georgia
Henry Hentx A Co., Commission Merchants Ne
York William B. Dana A Co., Proprietors Comna
cial and Financial Chronicle, and other New
Y01 k Houses.
;
CHAPMAN, Secretary.
Wire Rope.
AND
STEEL
IRON of
AND
HOISTING PURPOSES,
» 1,1 2 5,270 HI.
Adolph Lemoyne,
William E. Dodge,
Thomas F. Youngs,
John D. Hewlett,
TRUSTEES.
Ahx.
George Moslc.
Edward F Davison,
Henry DeB. Uoulti,
K. U. R LTdU
r,
Hem] R Ku
Auchi
Jlujii
loirdt,
.eioss,
We
.1
M
tin 1).
Lawrence,
Dix,
Charles P. Burdett,
Charles Munzineer,
Walter Watsoi.,
rne.-t'> G. Fabbrl,
Henry E. S rague,
Edmund W.
I
I.aw.ei.cIs.
Wil lam I'oh in >nn.
Alexi nuei llainilt n,
Cun^iatii n M.- eiie,
John Welsh, Jr.,
Lewis Morris.
Chas. F. Zi mermann,
Carl L.
.ngel,
t. Ca y. Jr.,
Curl
etur,
C. L. F. It .se,
W.i, S. Wilson,
iluuMi) <r k",
Arthur 1). G ave',
Gur-tav Schwab,
«ck
W.
V
1
'llieod re Fachiri,
chas
Win. Sturgis,
Josiah O. Low,
Royal Phelps,
C. A Hand,
William H. Webb,
Horace Gray,
John Elliott,
Robert B. Mintnrn,
George W. Lane,
George H. Morgan,
J
order.
JOHN W. MASON
13 Broadway,
President.
CHARLES DENNIS, Vice-President,
W. H. H MOORE, 2d Vice President.
RAVEN,
3d Vice-President.
CO.,
INSURANCE COMPANY
H
F-gg,
Thomas B. Cnddington,
A. A. Raven,
Benjamin H. Field.
A
New York.
UTUALLIFE
Charles D. Leverich,
D JONES,
A. A.
AND
purposes manufactured to
James G. DeForest,
William
B^yce,
Ropes. Ac
A large stock
constantly on hand front
which any desired length
are cut. FLAT STEEL
IRON ROPES for Mining
Lewis Curtis,
James Low,
Gordon W. Burnham,
Horace K. Thurber,
William Degroot,
eiiauld,
MiiVZ, .Assistant Secretary.
Charles Dennis,
Peter V. Kin?,
F. Coosinery,
—
ANION
Corlies,
Alexander V B ake,
Charles n. Marshall,
Robert T. Stuart,
Frederick Chauncey,
Wiliam
L M. Calvoc.iressi.
EUGENE PUlILH, Pre-ident.
ALFRED OGDEN, Vice President.
•^CHARLES IRVING", Se.rtta y. .5 mm^
II. L.
W
in.
cHned Planes, Transmission
Fewer, Ac. Also Gal
.ntzed Charcoal and BB for
Ships' Rigging, Suspension
Urldges, Derrick Ouys.Ferrv
TRUSTEES)
D. Jones,
H. H. Moore,
Charles H. Russell,
David Lane,
Francis Skiddy,
J.
December, 1878,
CHARCOAL,
superior quality
suitable for MINING
OFFICE OF THE
A»cli«, 31st
Felix Alexander,
COTTON BROKER,
MARINE AND INLAND I.NSUKANCE.
..
Co.,
Cotton Factors,
VICKSRURG, MISS.
I ii mii ranee.
Mutual Insurance Co.
Corre-
solicited.
KKTim.vcKs.-Thlri and Fourth National Banks
a no Proprietors of The Chboniclb.
next.
By order
ORIENT
Co.,
Special attent'on (riven to Spinners' orders.
spondence
Total amount of Assefs.".t~rrrr.^. $13,320,463 16
certificates of profits will
&
F. Wheless
COTTON
COMMISSION MERCHANTS,
881,210 92
Six per cent. Interest on
LIVERPOOL,
Receive consignments of Cntton and other Produce
and execute or*ers at the Kxchanites In Liverpool,
Represented In New York at the office of
Bank and
wise
Real estate and claims due the Company, estimated at
Premium Notes and Bills Receivable.'
«V
CO.
B ABCOCK & CO.
f.0
The Company has the following assets,
United States and State of New York
Cash
1111. \\
YORfiV
Manchester and Liverpool,
$4,009,309 47
po'lcles not
•
'
NEW
affairs
;
Manufacturers »ad
COMMISSION MERCHANTS,
22, 1879.
The Trustees, In conformity to the Charter of the
Company, submit the following Statement of its
Premiums on
Turner
BrinckerholT,
York.
Orders executed at the Cotton Exchanges la New
York and Liverpool, and advances made 00 Cotton
aud other produce con.lgned to us, or to oar correpondent* In Liverpool, Me-srs. 1). Newgate a i_ .
an d Messrs L. Rosenheim a Sons.
Knoop, Hanemann & Co
Co.,
'llllx,
Atlantic
EXCHANGE PLACE,
New
E.R.Mudge,Sawyer&Co
AGH.NT t FOh
Washington 'i iii», clitcopee Mfg
BurlluKton Woolen Co.,
,
LEHMAN BRO'S,
Cotton Factors
AND
N. Y.
Co.,
Dull * Co,
Montgomery Ala.
Lehmajc,
Co.,
La.
OFFICE OF THE
Hong Kong.
Head
8.
New Orleans,
OF NEW YORK,
PRESIDENT.
— F.S.WINSTON
EVERr APPROVED DESCRI PTION OF
,
ISSUES
LIFE AND ENDOWMENT POLICIES
ON TERMS AS FAVORABLE AS THOSE OF
ANT OTHER COMPANY.
ORGANIZED APRIL 12V 1842.
.
CASHASSEK0YER$80,0OO,0Oa
THE CHRONICLE.
Cotton.
«. .Hon.
Woodward &
Stillman,
BEAMKN'b BANK BUILDING.
No.. 74
4c
76 Wall
KEW
VOKK.
New
101 Pearl Street,
Fork.
LOANS MADE ON
nude on Consignments.
ajuiil •tieBtlon paid to the execution of orders for
MM
SECURITIES.
tV
I
Ike purchase or sale of contracts for future delivery
of cotton.
&
Co.,
Gwynn & Co.,
Fielding,
GENERAL
8 Sooth William
New
St.,
I.I
JAMES FINLAV
VKltl'ooI.,
A:
CO.,
COMMISSION MERCHANTS,
LONDON AND GLASGOW.
sold
on Commission
In
&
Co.,
COTTON
COMMISSION MERCHANTS,
109
PEARL STREET, NEW YORK,
ANI>
21 Central Street, Boston.
liberal advances made oh consignments. Prompt
ereonal attention paid to the execution of orders
or the purchase or sale of contracts for future
(worth
PEABL STREET. SEW YORK
136
COTTON BROKERS,
S3 REAVER STREET, NEW YORK.
R. M. Waters & Co.,
(Successors to
GRAY &
No. 96
WATER
E.
STREET,
S.
Jemison
Insurance
AMB
H.
Advances made on Consignments
Future Con.
tracts for Cotton bought and sold ou Commission, In
New
Total Assets, January
132 Pearl Street,
New
3,90».
Re-Insurance fund.
Unpaid
...
losses, etc
1879
16,914,147 79
1 3,000,000 00
1,B!7,189 P5
251,499 00— 4,868.689 85
sale
FUTURE DELIVERY OF
COTTON
& Co.,
Ware, Murphy
COTTON COMMISSION MERCHANTS,
111 Pearl Street, New York.
-Special attention paid to tie execution of
lor the purchase or sale of contracts for
delivery of cotton.
Liberal advances
made
orders
future
on con-
1.81
Pearl Street,
New York.
Special attention given to the execution of ordert
for the uurchaie or sale of Contracts for Future
$2,045,458 04
New
British
Mercantile
Ins.
Co.
LONDON AND EDINBURGH.
:
SOLON HUMPHREYS, ChVn.(B. D.Morgan & Co
DAVID DOWS, E*q. (David Dows & Co!)
FABBRI,
Esq. (i)rexel,
CHITTENDEN.
S. B.
Morgan &Co.)
EZRA WHITE.
Esq.
J. J. ASTOtt, Esq.
CHAS. E. WHITE, SAM.
P.
BLAGDEN,
MANAGERS,
54 William
Office
St.,
New York.
Liverpool
&
York.
Agent.
United States Board of Management,
Delivery.
Waldron
St.,
OF
How.
COMMISSION MERCHANTS,
.
North
&
1819.
ALEXANDER,
JAS. A.
K. P.
GENERA!
York.
Advances made on Consignments.
^?!KSJS!,IKr?<!SiI*i,* nll0D «> lne purchase and
Foulke,
President.
Secretary.
Company
NEW TORE
&
?a
1,
Capital
Yorit and Liverpool.
Bennet
M
OF HARTFORD.
Co.,
BANKERS, COTTON FACTORS
FINANCIAL AGENTS,
O Box
&
n
^ETNA
in Store.
GENERAL COMMISSION MERCHANTS
Farley,
No. 133 Peajl Street, New York.
J.
COTTON FACTORS,
COMMISSION MERCHANTS,
in
&I2K8 30
I
104,430 87
A Dividend of FIVE Per Cent bas
been declared, payable on demand.
KOOliY & JEMISON),
(Successors to
Agencies for the purchase of Cotton at all of the
principal Southern Markets.
&
made on COTTON
CO.),
BOSTON, MASS.,
H. W.
242,195 47
9.040 00
MERCHANTS AND BANKERS,
NET bUR DLUS, Jan.
BROAD STREET, NEW YORK. No. 2 Cortlandt
Liberal Advances
COTTON BUTERS AND BROKERS,
3,226.125 00
IWJ.IHS 00
235,778 00
»8,r98.S52 40
WALTER & KROHN,
54
Co.,
2,<W,89e 33
Interestdue on 1st of January, 1:T,9
Balance In hands of Agents
Heal estate
Premiums due^nd uncollected on Policies
1,
Almy &
1117,432 64
Hen on
first
14,481,3011)
CHAS. J. MARTIN,
J . H. WASHRURN,
COTTON BROKER,
elivery.
P.
In Banks
Bonds and Mortgages, being
CaBh
Total
Copeland,
Geo.
bousht
New York and Liverpool.
B. R. Smith
Condition of the Company on the first
day of January, 1870.
CA8H CAPITAL
$3,000,000 00
Reserve for Re-Insurance
1,10(1,771 OO
Reserve for Unpaid Losses and
all other claims
2f>0.0'»2 46
NetSurplus
1,363,488 94
TOTAL ASSETS
$0,390,352 40
SUMMARY OF ASSETS
140 Pearl street, N. Y.
Messrs. FIN LAY, ML'IH ic CO.,
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON
BROADWAY.
119
Issued at thunofflce
Also eiecule ordcra for Merchandise through
and
OFFICE, No.
United States stocks (market value)
Hank Stocks (market value)
State and Municipal Bonds (market value)
Loans on Stocks, payable on demund
(market value of Securities, (324.021 iO)
COTTON FACTORS
York.
Advances made on Consignments to
Messrs.
OF NEW YORK,
real estate
commission merchants,
Company
Insurance
Fifly-First Seiiii-Aiinuiil Statement,
8HOWINQ THE
Cotton Exchange Uullding,
.OAKS HADE <>N ACCEPTABLE
SECURITY.
Henry Hentz
HOME
COTTON
COMMISSION MERCHANTS,
Street,
5, 1879.
IiiHurancc.
INMAN,SWANN&Co
HE.NEKAL COMMISSION MERCHANTS
liberal ad ranees
[July
Tainter,
&
NOTJRSE & BROOK
London dr* Globe
GENERAL COTTON MERCHANTS,
Macaulay & Co.,
97 PEARL STREET, NEW YORK.
promptly executed.
OMMISSION MERCHANTS, Future
Insurance Company,
» WILLIAM STREET, NEW YOEK.
signment*
(Successors to
i),
orders
Futo
Contracts for Cotton bought and told on
commission In Now York and UrsVpool.
James F.Wenman& Co.,
Bio.
COTTON BROKERS,
148 Pearl Street, near Wall, N. Y.
rfstabllshed (in
To ntine
H. Tileston
Building)
1841.
O
&
Co.,
Co tton Exchange
&
Dennis Perkins
Co.,
COTTON BROKERS,
IT «-eari Street,
New
Sawyer, Wallace
NEW ORLEANS,
A. L. Pierce
York.
&
Co.,
New York.
45 William St.
&
LA.
J.
PULSFORD,
Resident Manager.
Real Estate Agents,
VICKS8UKG, MISS.
Commercial
19, en ry and redemption of lands and
•J^ST*?™!?
i
6 11 '..^ taxe" for
non-residents attended to.
fMS
.
laformation
as to valoe and local advantage of
ands furnished. Our field of operation " mu
"Kea
the States of L ouisiana and Mississippi. embraces
,
MANCHESTER
Works,
Union
ALFRED
MANCHESTER, N. H.
ARETAS BLOOD, W. G. MEANS,
Treasurer.
40
Water
street,
Boston
Ins. Co.
(OF LONDON),
MANUFACTURERS OF
Locomotives and Amoskeag- Steam
Fire Engines,
Superintendent,
Manchester, N. H
E.
Co.,
.fc
Locomotive
"JTTON FACTORS* COMMISSION MKBCH
ANTS
47 Broadway,
F. Berje,
Civil Engineers
SOTTON BUYERS * COMMISSION MERCHANTS
60 Stone Street, New York.
-dor, \n Futures executed at N.
T.
L.
TTON BUYER AND COMMISSION MERCHANT
PELL,
Resident Manager,
3r
&
89 Wall Street
@FedFRASER