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^financial;

tomtit
HUNT'S MERCHANTS' MAGAZINE.
g^ Wtfhly §Uw0 paper,
REPRESENTING TFIE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE

VOL.

NEW

25.

TEE

Drexel, Morgan & Co.,
WALL STREET,

OFFICE, Wo.

WALL

1

Drexel

1859.)

STREET,

No.

BANK-NOTES, STATE AND RAILROAD BONDS.
POSTAGE AND REVENUE STAMPS.
CERTIFICATES, DRAFTS. BILLS OF EXCHANGE,
AND COMMERCIAL PAPERS,

—

Communications may be addreeted to thit

Company in any language,

SI

Boulevard Haussmano

U. S. Government

Attorneys and Aqrnts or
No. as

8.

MORGAN

OLD BROAD

LONDON.

ST.,

J.&W. Seligman&Co.,

Issue Letters of Credit for Travelers,

J.

SHKPARD, Treasurer.
JNO. E. CDBB1EB, Secretary.
I>.

33

Stuart

J.

oc

Pottrr, Prcst.

Sau'l Phillips, Cashier.

Co.,v

S

Surplus,
Special attention

given

COLLECTIONS, and

to

COUNTY BANK,

JOHN STUART A: CO., Bankers,
MANCHESTER, PAYABLE IN LONDON;
ULSTER H1\K1M. COMPANY,

$400,000
200,000

BELFAST, IRELAND;
AND OK THK

prompt remittances made on day of payment.

Boston business paper discounted. Correspondence
nvited.

Securities, Gold, Stocks

and Bonds

LOANS NEGOTIATED.

Kountze Brothers,
BANKERS,

NATIONAL BANK OF SCOTLAND.

NEW YORK,

MALI. STREET,

12

Issue Letters of Credit, available In
;

also,

Time and Sight

BANK OF LONDON.

Sc
" LIMITEfl"

Capital,

EXCHANGE COURT.

Accounts received and Interest allowed on balances
which may be checked for at sight.

EXCHANGE ON
SMITH, PAYNE Sc SMITH'S,

TON

Co.,

made on consignments of
Cotton and Tobacco to our address ; also te our menus
In Liverpool and London.

Grant

BANKERS, LONDON;

O

6c

AND COMMISSION MERCHANTS

Liberal cash advances

world

NASSAU STREET.

Maverick National Bank MANCHESTER

la

for-

on Balances. Special attention

R. T. Wilson

BILLS OF

P.

and

and Bonds.

,

Payable In any part of Europe, Asia, Africa, Australia
and America.
Draw BIHs of Exchange and make telegraphic transfers of money on Europe and California.

&

and sold

Bought and Sold on Commission, and

69 EXCHANGE PLACE,
CORNER BROAD STREET, NEW TORK.

H. VAN ANTWERP, Pres't.
'IK UOMH (.11, VIce-Pres'U

bought

also Gold, Silver,

paid to Investment Orders for Miscellaneous Stocks

Government

BANKERS,

;

Deposits received in Currency or Gold,

Interest allowed

BANKERS
2

CO.,

dc

Honda

to suit Investors

eign coins.

and

i

Messrs. J.

NKW YORK.

ST..

& Co

Deposits received subject to Draft. Securities. Gold.
,i 80 u 0M Commission.
Interest allowed
an neposlta. Foreign Exchange. Commercial Credits.
Cable Transfers.
Circular Letters for Travelers,
available in all parts of the world.

ta the highest style of the art with tptclat safeguards devised and patented, to prevent counterfeiting and alterations.

This Company engraves and print* bonds, postage
•tamps and paper money for various foreign
\Jovernments and Banking Institutions Sonth
American, European, West India Islands, Japan, <&c.

St.,

BANKERS,
NASSAU

5

amounts

EsORAVIXQ AND PbiNTISO Or

Asa

Sooth Tbisd

Ac, bought aI1

United States Bonds, Notes, Currency
and National Bank Notes.

Drexel, Harjes

Co.,

28.

& HATCH,

FISK
So.

Philadelphia.
Paris.
DOMESTIC AND FOREIGN BANKERS.

NEW YORK.
ZNORAVKBS Or TOE

34

&

•

Financial.

CORNER OP BROAD, NEW YORK.

Co.,

STATES

Nu

1877.

Financial.

(INCORPORATED NOVEMBER,

A.

7,

Financial.

National Bank-Note

J.
J.

YORK, JULY

TJN'ITED

Bills

all

parts of the

on the UNION

Cable Transfers made.

&

Company,

BANKERS AND BROKERS,

No. 33

WALL STREET.

TRANSACT A GENERAL BANKING BUSINESS
STOCKS BOUGHT AND SOLD ON COMMISSION
INTEREST ALLOW ED ON DEPOSITS.
K.

O. ST. JOHN RURFIIU*.

SUTTJAM GRANT.

ALSO,

&

G. Amsinck
150 Pearl Street,

Co.,

New York,

CABerETRANSFERS AND LETTERS OF CREDIT

Hilmers,McGowan&Co

AOSNT8 FOR TUB

BROKERS IN

LONDON AND HANSEATIC BANK, FOREIGN EXCHANGE
AND GOLD,
*
(LmiTRn). -LONDON.
63 WaU Street, New York.

R. A. Lancaster

&

Co.,

(P. O.

BOX

2,547.)

Special attention paid to the negotiation of

Com

BANKERS AND BROKERS,
mer clal bills.
Platt K. Dickinson,
66 Broadway, New York.
Howard C. Dicrlnson,
Exch'ge. Member of stock Kxch'ge
SOUTHERN AND MISCELLANEOUS SECURITIES Member of Stock Joux
R. W ALLKR,
A

Specialty.

Dickinson, Waller

LaanMSI eyotlated.

Charles' G. Johnsen,

MERCHANT \M>

15 \

Mai; It,

NEW ORLEANS,

&

Co.

BANKERS AND BROKERS.
US BROAD STREET,

Transact a General Banking Business, Including
purchase and sale of

buy and

sell

In

all

stocks dealt In

on

the San Francisco Stock Exchange, and to give lnfor
illation respecting the

same.

GOLD

Investment SecnrUIea For 8ale.
P. O. BOX 2,tn.
IM Pearl

San Francisco, are prepared

on commission

STOCKS, BONDS and

on a margin.

C.

w.McLrllax. Jr.

NKW VORK.

on Commission Stocks, Bond and Gold.
Having been Identified with California Interests, and
to

LA']

OP WALL STREET AND BROADWAY
New York.

A. M. Kidj>r«.

Transact a general Banking Business. Buy and Sell

having a connection

166 GRAVIER STREET

COR.

for cash or

Bought and Sold on Commission.

VIRGINIA 8TATE AND- RAILROAD SECURITIES

CAJ Co.
BANKERS,

W. Trass:
BOSTON,
TO sia.« street

Street.

GOSSLER

&

Co.,

OORRRSPONDRffTS OF
International Hank ol

Hamburg and

London, (Limited.)
B0U8R IN EUROPE.

IOHN BERBNBErtG,GOSSLBR*C«
HAMBURG.

THE CHRONICLE

ii

Gkobse H. Holt,
Member N. Y. Stock Exchange

THE CITY BANK OF HOUSTON,
Capital, $500,000,

give special attention to collections on

„
Pres't:

sible points.

WALL STREET,

New

12

DEVONSHIRE

Directors—Benjamin A. Botts.

ST.,

James Hunter,

BANKERS AND QEALKRS IN

Municipal Bonds.

P. O.

Box

81.

&

AND

Co.,

Ac

New

Street,

References.— Henry Talmadge &

CONGRESS STREET,

Kelly

Bostoni mass.

&

New York;

Co.,

Co.,

WILMINGTON,

Board

Orders executed on Commission at Brokers
Auctions, and Private Sale.

ollectiona

made on

Bank,

all

N. C.

parts of the United SUtes

Investment Securities conBtantlv nn hand.

&

Chas. A. Sweet

Co.,

BANKERS,

40

DEALERS IN GOVERNMENT SECURITIES, Gold,
State, City,

County and Railroad Bonds.

F. J.

&

Parker
BANKERS,

Bay and

County Bonds.
Fhila.

&.

&

-

Bank.
Bank.
Especial attention given to Collections, and Remittances promptly made.

San Francisco— Wells, Fargo &

INVESTMENT

The Nevada Bank

and

LOUIS McLANE,
J. C.

ft r*;>.

STOCK BROKER,
«03 WALNUT PLACE (310 WALNUT

C. T.

CHI5ISTENSEN,

LONDON
NBW YORK

Smith,

Tee Bank of New York, N. B. A

The Bank of New York, N. B. A., is prepared to issne
Telegraphic Transfers, Letters of Credit and Drafts
on The Nevada Bank of San Francisco.
ST.),

Anglo-Caliiornian Bank
(LIMITED),

Southern Bankers.
"WILLIAMS,

Thos. P. Miller

JNO.

Vf.

&

MILLXB

Co.,

BANKERS,
MOBILE, ALABAMA.
Special attention paid to collection*, with prompt
remittances at current rates of exchange on day of
payment.
Correspondents.
German American Bank, New
fork; Louisiana National Bank, New Orleans ; Bank
of Liverpool, Liverpool

—

LONDON, Head Office, 3 Angel Conrt.
SAN FRANCISCO Office, 422 California

NEW YORK

Agents, J.

& W.

Authorized Capital, Fald-up and Reserve,

-

Seiujman

St.

&

Co.

$6,000,000.
1,550,000.

Transact a general Banking business. Issne Com
mercial Credits and Bills of Exchange, available in all
parts of the world. Collections and orders for Bonds
Stocks, etc.. executed upon the most fayorable" terms
FRED'K F. LOW,
).,„„„„„.
1GNATZ STKlNHART,i Mlulfl * er8
P. N. L1LIENTHAL. Cashier.
'

T.

W. House,
HOUSTON, TEXAS.

DEALER IN
Gold, SilTer and Negotiable Securities.

COLLECTIONS

MADE THR0UQH0U1 TBE
81ATE.
TIIE

Leonard,

BARKERS,

DALLA
New

s,

X ork Correspondent

COMPANY,

M. K. Jesup, Paton & Co.
No. 52 William Street,

NEW YORK.
of Londoo.

Aceounts and Agencies of Banks, Bankers and Mer*

Firms received upon favorable terms.

Act

as agents for Corporations In paying Interest

TEXAS.
.Moody 4 Jemlson.

Interest

collected

and

Accountant
No. 20

&

Auditor,

NASSAU STREET.

Complicated accounts of Estates and Partnerships
Investigated and adjusted. Accounts prepared for the
Surrogate. Books of Public Companies, Firms, &c,
opened, written up or closed.
Special attention given to railroad Investigations.

Refers by Permission to

W. A. Wlieelock, Esq., Pres't Central Nat. Bank.
Jas Lynch, Esq., Pres't Irish Emigrants' Society,
Col. H. S. McComb, Pres't N.O. St. L. & Chic. RR. Co.
Ex. Norton, Esq., Pres't Paducah & Memphis RR. Co.
Jos. F. Joy, Esq., Receiver Dutchess & Col. RR.
Hon. H. A. Smythe, late Collector of Port of N. Y.
Hon. Jas. P. Slnnott, Judge of the Marine Court.
Messrs. Van Winkle. Candler & Jay. Counsellors, &c
Messrs. Brooks, Ball & Storey, Boston, Mass.
Messrs. Ronald, Sons & Co., Liverpool, England!.
MeBsrB. Benecke BroB., London, England.

y

oJV?££jfasSAUSn cm.pi/iest'

Albert E. Hachfield,
13 HALL STREET, M!W YORK.

Allows interest on deposits, returnable on demand,
or at specified dates. Is authorized to act as Executor,
Administrator, Guardian, Receiver, or Trustee. Likewise, Is a legal depository lor money paid into Court,
or by order of any Surrogate. Individuals, FlrmB and
Societies seeking income irom money lu abeyauce, or
at rest, will find safety and advantage lu this institu

DEALS IN

First-Class Investment Securities.
CUT BONDS OP ALL KINDS,
ailhoad b0xd8, and sot/therx securities op

WANTED,

STATES AND EUROPE.

&

Ac

52 WALL STREET. NEW TORK.
28 STATE STREET, BOSTON.

Capital,* 1000.000,

all Descriptions.

BOYS AND SELLS EXCHANGE ON ALL
PRINCIPAL CITIES OP THE UNITED

Adams

G. C. Ward,

Financial.

BANKER,
41 OTAIN ST.,

&

W. CALHOUN,

Payne & Smiths.

THE

1).

CONSOLIDATED BANK, LONDON;

Cashier.

CORRESPONDEN TS:

Orders in StockB and Bonds promptly executed at
the Philadelphia and New York Boards.

R

CO.

remitted.

PHILADELPHIA.

TBOS. P. KILLER,

4c

London.
SIXTY DAY STERLING ON THE

Dividends, Coupons and

President.
Vice-President.

FLOOD,

a

Austin,

Bell

ALEXANDERS, Cl'NJLIFFES

and sold on Commission.

Capital, fully paid in coin, $10,000,000.

information fur.

Correspondents— McKim Brothers

J.

Sc CO., PARIS.
8TERLING CHEQUES ON

Bonds, Stocks, Commercial Paper, Gold, &o., bought

specialty.
solicited

MUNROE

santile

OP SAN FRANCISCO,

•

VIRGINIA SECURITIES

and

Co.,

Coupons and Dividends, and also as Transfer Agents.

BALTIMORE.
Correspondence

part)

No. 8 Wall Street, New York,
No. 4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON

Draw Exchange on Union Bank

BANKERS AND BROKERS,

Dished.
N. x.

&

John Munroe

Co.'s

SAN FRANCISCO, GAL,

Co.,

any

WILLIAMS, Vice-Pres't.

G. COLLINS, Cashier.

New York— Tradesmen's National

Baltimore Bankers.

Wilson, Colston

-

A. J.

sterling for use in

BARING BROTHERS

CORRESPONDENTS.

Western City and

Sell

Pres't.
S.

Stackpole,

DEVONSHIRE STREET
BOSTON,

78

EBERT,

pounds

MAKE CABLE TRANSFERS OF MONET BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.

$250,000
185,000

-

.In

agexts fob

DENVER, COLORADO.
-

and

of the world.

~S7G.

Exchange Bank,
Capital Stock, Capital Paid-in,

Co.,

ST., N. T.,

CIRCULAR NoTKS AND CREDITS FOR TRAVELERS.

Western Bankers.

STATE STREET, BOSTON.

countries,

,

National

First

WALL

Issne, against cash,gposltud, or satisfactory guarantee of repayment, wrcular Credits for Travelers, in.
dollars for use in the United States and adjacent

A. K. Waiter, Cashier.

S. B. BUKRUB8, Pres't.

paper.

and Eugene

Southern Bank, Savannah Ga

Bonds, Gold and Commercial

.Dealers In Stocks.

CO.,

York,

Brokers and Dealers In Southern Securities. Loans
Negotiated. Advances made on Securities placed in
our hands for sale at current rates.

BANKERS,
No. 35

26 Pine

&

Brothers

No. 59

THEY ALSO ISSUE COMMERCIAL CREDITS

Savannah, Georgia,

JA.HKS HUNTER,
Brewster, Basset

acces-

all

„ „ ,
C. S. Long-

cope, W.J. Hut;hlns. F.A.Rice, C.C. Baldwin, W. B.
BENJ. A. BOTTS, Pres't.
tfotts, Rob't Brewster.
B. F. WEEMS, Cashier.

Boston,

Vork,

Brown

Texas.

Geo.Wm.Ballou&Co Houston,
We
8

Financial.

Southern Bankers.

Boston Bankers.
Gko. Wji. Balloc.

[Vol. XXV".

Mobile & Ohio Bonds.
^MUBlsslppl Central Bonds.
New Orleans Jackson & Great Northern Bonds.
Jefferson Madison & Indianapolis Bonds.
South Georgia & Florida Bonds.

N. T.

Beers, Jr.,

Brooklyn

Stocks,

GAS STOCKS,
.

i

X

WALL STEEET.

Lion.

HENRY

F. SPAOLDING, President.
Vice
B. SHERMAN.
\
FREDERICK H. COSSITT, Presidents
C. H.P. BABCUCK, Secretary.

BENJ.

(

EXECUTIVE COMMI1TEE:
Amos

R. Eno,
Frederick H. Cossltt

Jacob D. Vermllye,
Benj. B.Sherman.
Sam'I D. Babcock,
Martin Bates,

•

.Isaac N. Phelns.

Etnnund W. Corlles.

BOARD OF TRUSTEES:
Samuel D. Babcock,
Jonathan Thome,
Isaac N. Phelps,
JoBtah M. FlBke,
Charles G. Landon,

Knmund W.Corhes,
Frederick H.Cossitt,
William H. Apple ton,

Gustav Schwab,
David Dows,
Martin Bates
William Allen Botler,

James P. Wallace.

Benjjtnm B. Sherman
George W. Lane,
Jacob D. Vermllye,
Geo. Maccullcch MUlei

Roswell Skeel
A. A. Low
David Wolfe Bishop,

Amos

R. fa.no,
Charles G. Francklyn,
William H. Weub,
J. Plerpont Morgan,
Percy R. i*yne,
Charles Abernethy,

llienry F.Spauldlng.

July

7,

THE CHRONICLE.

1877.J

Financial.

Financial Notices.

Ten Per Cent Net

CHICAGO ROCK ISLAND A PACIFIC
RAILROAD COMPANY.

Financial.

THE MEW

i:\«.i.v\i»

Mortgage Security Co.
OFFERS FOR SALE, AT 105 AND

INTEREST,

SEYEN PER CENT TEN-YEAR
SECURED BY
'Killll.ti.ls OF

FIRST

liiiMis

IMPROVED

REAL ESTATE.

GUARANTEED, PRINCIPAL AND INTEREST,

•

BY

ITS

CAPITAL STOCK OF

ON FIRST MORTGAGE M«

43 milk Street, Boston.
These Bonds are commended to the attention of the
as they are
believed to he as perfect a security as can be obtained.
The issue of bonds is limited to one-half the amount
of the same class of bonds ever Issued under a like

MOST CONSERVATIVE INVESTORS,

Government Bond*
Iowa Loans made

security of each

bond

Is

Corporations, to the amount of more than r,;f ty Millions of Dollars, proving a most secure and satisfactory
Investment. The loans are all upon improved farms
In some of the most fertile Western States, near the
railroads, with short and perfect titles, and average
less than $5'Jt) each, upon property appraised at about
three times their amount. Experience has proved that
well-selected mortgages upon this class of property
are safer than those upon city property, either in the
East or West. They are not affected by flres, or by
business revulsions; principal and Interest are more
Sromptly paid and upon the success of agriculture
epends that of aIu.ost every Industrial investment.

HENRY SALTONSTALL,

President.
Treasurer.

FRANCIS

A. OSBORN,
VICE-PRESIDENTS J
James L. Little,
Oeo. C. Richardson,
Thomas Wlgglcsworth,
George P. L'pham,

Henry

Mudge,
John P. Putnam.
David R. Whitney,

Henry

Saltonstatl.

Charles L. Young,

SC

I

III

I

and

195

ranging from $500 to

$5,000.

REFERENCES

:

Wm. A. Wheelock, Esq., Prest. Cent. Nat'l Bank, N.Y.
Gllman, Son ft Co- BanKcrs, 41 Exchange Plaee, N. Y.
H. C. FahneBtock, Esq., First National Bank, N. Y.
Henry H. Palmer, Esq-, New Brunswick, N.J.
Chas. J. Starr, Esq., Stamford, Ct.
A. J. Udell. Esq., Bec'y D. L. & W. RR. Co.
Aaron Healy, Esq., 5 Ferry street, N. Y,
Edwards & Udell, Attorneys, 52 William street, X. Y.

A. C. Burnham,
CHAMPAIGN, ILL.,
OFFERS FOR SALE
$200,000 REAL ESTATE FIRST
'loiin.K.i; COUPON BONDS,

and Interest Coupons

HAWLEY

&

$1,000 and upwards, yielding KIGHT to
per cent semi-annual Interest, payable In the City
negotiated through the houses of

amounts of

of

New York, and

TEN

BURNHAM. TBEVETTA MATTIS, Champaign, 111.
BURHHAM & TULLEY.t, Council Blil/Tt, Iowa.
BUltXIIAM. OHMS fir it CO., KmmtUbv.ro, Iowa.
BURXIIAM <t BUYER. Orlnntll, Iowa.
KA.1SA3 LOAM ± TRUST CO., Topeka, Kan.
All these loans are carefully made, after personal
Inspection of the security, by members of the above
firms, who, living on the ground, know the actual
value of lands and the character and responsibility of borrower*, and whose experience In the business for the past SIXTEEN YEARS has enabled them
to give entire satisfaction to Investors.

The Bridoe that has carried tod safely otxb

A Solid Ten Per Cent.
The

old established

AGKNCY, known

all

CENTRAL ILLINOIS LOAN

over

dle States as the Agency
Eald an certainty and an

The

undersigned

Its field

Co.,

of

all

BONDS

PER CENT will satisfy you, address for Circular.
"KANSAS. MISSOURI 4 CENTRAL ILLINOIS LOAN AGENCY," JACKSONVILLE, In.

The

Orleans will be received

A

>HI.I,i;it At SON,
YORK.

& Co.

STOCK AUCTIONEERS,
43 PINE STREEr, NEW YORK.
li? Established 26 Years.

No.

REGULAR AUCTION SALES OF
STOCKS AND BONDS

MONDAY

646 Broadway,
New York, June 27, 1877.

trustees of this institution have declared the

fifty-third

semi-annual dividend, at the rate of

$500, remaining

1,

in accordance with the pro-

visions of the by-laws, payable on

DAY,

BROWN,

EDWARD
C. F.

ALVORD,

New York, June 25, 1877.
The Coupons due 1st July, 1877, of the Mortgage
Bonds of the Cedar Falls and Minnesota Railroad
Company, will be paid on and after that date by
No.

GEORGIA RAILROAD COUPONS,
will

per cent,
City, County,

FIRST-CLASS INVESTMENT SECtXRITIES

ON HAND, FOB SALE AT THE
LOWEST MARKET RATES.

R. T.

BANK-NOTE

CO..

BROADWAY,
lurk.

Bank-notes, Bonds fob Governments and Cor
porations, Bills op Exchange, Certificates
of Stock, Postage and Revenue stamps
Policies of Insurance, and all
Kinds of Securities,
II

MOST ARTISTIC STYLE,

I

AliD

IN

A BUILDING PROOF AGAINST FIBS.
ALBKRT
C. L.

Tiiko.

II.

G. GOODALL, President,
Van Zandt, Vice-Pres. & Manager.

Free-land, Sec. Geo.

McKim

Actuary,

47

1877,

President.

GEORGIA

in>AST TENNESSEE
RAILROAD COUPONS, due July !, 1877, will

be paid

f WILSON & CO,
.

2

Exchange Court.

II.

Statneb, Treas.

Brothers

BANKERS,
Wall Street, New

COUPON'S, due July

1,

1871, will

be paid on and after

hat date by
R. T.

WILSON 4

MISSOURI
COMPANT,

Office, No.
27,

CI), 2 Exchange Court.

PACIFIC

RAILWAY

Bowlino Green,

5

1877—The Coupons due July

on the Second Mortgage Bonds of the

ENGRAVES AND P HINTS

I

wrLSON,

A

York, June

American
New

1,

GALLATIN

Town,

School and State Bonds,
insurance and Bank Stocks,
Railroad Bonds,
City Railroad Stocks and Bonds,
Gaslight Stocks and Bonds.
Trust Companies, Telegraph
Express, Mining and Manufacturing Stocks
Interest Coupons and Dividends collected.
Interest allowed on Deposits,
subject to Drafts payable at sight

142

due July

I-miMILM; A OHIO RAILROAD

10

OFFICE,

Cedar Street.

be paid on and after that date by the

en Commission,

Choice Municipal,

Sand

41

T^AST TENNESSEE VIRGINIA AND

R.

IN

KENNEDY * CO,

J. 8.

,

Sell

Treasurer.

RAILROAD COMPANY,

San Francisco, and at private sale.
Stocks and Bonds not dealt In at the New York
Stock Exchange our specialty for many years.

7,

President.

SCHELL,

CEDAR FALLS AND MINNESOTA

on and after that date by

and

MON-

after

Secretary.

York, Boston, Philadelphia, Baltimore and

We Buy

and

the 16th day of the month.

NATIONAL BANK.

Our established custom twenty-five years.
Oorernmcnt Securities and Gold, also Stocks and
Jends, bought and sold at the Stock Exchange Boards
of

SIX

on deposit during the three or six

THURSDAY,

and

OR SPECIAL SALES MADE ON ALL OTHER DAYS

New

New
AT PAR, and must be surren

Fifty-third Semi-Annnal Dividend.
The

BANKERS AND BROKERS

Every

1877.

MANHATTAN SAVINGS INSTITUTION,

E. J.

NEW

Works Com-

Orleans Water

dered at the time of subscribing.

months ending July

classes of

PINE STREET,

(

Water Works Bonds of the City of

old

WEDNESDAYS AND SATURDAYS.

No. 7

20, 1877.

PER CENT, per annum on sums of J50C and under,
and FIVE PER CENT per annum on all sums over

STOCKS AND BONDS,
ADRIAN H.

all, April

in-

and changed

name to "THE KANSAS, MISSOURI & CENTRAL
ILLINOIS LOAN AGENCY." There Is no change In
Its character or management. If a certain clean TEN
Its

New

Capital Stock of the

Not, 644

REGULAR AUCTION

hold

SALES

II

ED. PILSBURY, Mayor.

At Auction.

whose

rovernment Bonds, has enlarged

Prin-

Capitalists, and invite cobkkspondxkck ind
quiry AS TO THEIR STANDING.
Well-known references on application.

New England and

the MidInterest coupons are
promptly as the coupons of

City

CHICAGO,

and

Treasurer.

Matoraltv of New Orleans,?

MAKE A SPECIALTY OF SUCH INVESTMENTS for

STOCKS

TOWS,

II.

NOTICE.

BUILDING,

(Established 1869.)

William street.

13

FRANCIS

ture of Louisiana, approved Slat "March,

PAID PROMPTLY.

Baldwin, Walker

[Established 1861.]

In

Company, No.

pany, Incorporated under Act No. 33 of the Legisla-

Interest payable semi-annually.

cipal

;

The interest and principal have always been paid
when due, without thr loss of a dollar. Send for full
printed particulars, or call at the New York office
and examine maps and applications for loans in sums

Iowa.

per annum.

tors of LoanB, Corning, Towa.
Broadway, Western Union Bldg., N.lt ..make

PERFECTLY SAFE!

of the

Subscriptions will be received at this office to the

paying from Eight to Nine Percent,

P. Ct\ Interest

loans on the best Improved farms in Iowa, at 8 to 1
per cent Interest. Always first Hens and improved
• arms
never exceeds one-third the cash value
of the land alone.
The bonds have coupons
attached, and the Interest is paid semi-annually, at
the Central National Bank, in New York, and the
principal, when due, at the same bank. Several years'
experience of the firm In loaning has shown these
loans to be

V

*

oiin.il Bluff's,

Albert H. Nicolay

810

Holders of the undrawn Seven Per Cent Sinking

Fund Bonds can negoUate for an exchange for the
new Six Per Cent Bonds, on application at the Office

net.

MENT, now

counsel:
Hon. Henry W. Paine, Boston,
Simeon E. Baldwin, New Haven.

Iowa Bonds k Mortgages
GEO. W. FRANK & DARROW, BANKERS and Negotia-

.

Mortgage Loans

TJpham.

J. B.

.

CAREFULLY SELECTED, secured by FIRST LIEN
on DESIRABLE Real Estate in Chicago and vicinity.
THE SAFEST and MOST PROFITABLE INVEST-

DIRECTORS
E. R.

NINE PER CENT

\ 'I
<

L. Pierce.

Charles L. Flint.

at

UMI

Ill

not confined to a single

Mortgage, but extends over all the Mortgages owned
by the Compan #\ This Company receives no deposits,
guarantees no other securities, and has no other debts
than Its bonds. Its mortgages are of like character to
those which have been bought In the last twenty years
by Individuals, Life Insurance Companies and other

l

Choice
First-Class mortgages, amply secured on Improved
farms, constantly on hand anil for sale at the office of
<;il, MAN, SON & CO., 47 Exchange Plaee, New York.
Refer to John Jeffries, Esq., Boston, Mass.; Jacob D.
Vennllye, and Giliuaii, Son &, Co., New York; J. M.
Allen, Esq., Hartford, Conn., and others, on application. Send for Circular.

Guarantee.

The

Kl

i

Have had an experience of over twelve years In the
business. Make none but t*aft loans. Loan no more
than one-third the actual value of the security. Guarantee a perimniil Inspection of the security in every
case.
Farm Loan*, when carefully placea, safe at

§500,000.

Bonds
Interest Coupom payable semi-annually.
registered to order, or payable to bearer at option.
Accrued interest la not required to be paid by purchaser, the next-due Coupon belnff stamped ao as to
denote that Interest beclna at the date of purchase.
A Pamphlet with full Information will be Bent on
application at the Company's Office,

in

&

Co.,

York.

1st,

New
1877,

Pacific Rail-

road (of Missouri) will be paid after that date at this
C. K.

office.

OARRISON,

President.

LOUIS AND SAN FRANCISCO
ST.KAtLWAY
CO. -Treasurer's Office, No. 3

Broad §t. New York, June

".9.

1871— The July cou-

SOUTH r-AClFIC RR. CO.'S Fllt~T
will be paid In gold at this
on and after MONDAY, the 2d prox.
WM. F. BUCKLEY, Treasurer.

pons upon the

moi.toagk bono-

office

NY,
Western Union Telegraph Comfanv

Treasurer's office.
New York, June 13.

DIVIDEND

1

187

No. 40.

The Board of Directors have declared a quarterly
dividend of One and One-half Per Cent on the Capital
Stock of this Company, from the net earnings of the
three months ending June 30 Inst, payable at the
office of the Treasurer, on and after the 11th day of
July next, to shareholders of record on the 20th day
of Jane. The transfer books will be closed at three
o'clock on the afternoon of the 2 th Inst, and opened
on the morning of the 18th of July.
R.

11.

ROCHESTER,

Treasurer.

3HE CHRONICLE

Iv

Financial Notices

Financial.

MOBILE & OHIO RAILROAD.
Extract from the final decree rendered .Tone 5, 1S77,
In the United States Circuit Court for the Southern
District of Alabama. Preucntr— Hon. Jos. P. Bradley,
Circuit Justice Hon. W. B. Woods, Circuit Judge
"7. The Court orders and decrees that the Masters
may receive In payment, from the highest and last
bidder, bonds and coupons which form a part of the
first mortgage debt ascertained to be due or owing by
the Master In his report, and sustained by the opinion
of this Court : • • • provided also that If the said
mortgage property shall oebld offdlrectly orindlrect]y*by.f or, or In behalf of, the bondholders and creditors
who have or shall have entered into and subscribed
the agreement for the re-adjustment of the securities
of said company, dated October 1, 1876, commonly
called the agreement of rc-organlzatlon, then, and in
that case, all and every bondholder and creditor of
said Company not having already entered Into and
subscribed said agreement, who shall,

on or before the

day

first

ol

next,

LOANS

Pine

street,

New

York, July

1877.

8.

MR. JEDMUND D RANDOLPH, Cashier, has been
unanimously elected President of the Continental
National Bank, vice Mr. Charles Bard, resigned.
Mr. Bard retires from the office at his own solicitation from consideration of health, and for the purpose of accepting, on September I, the honorable and
less laborious appointment of Bank Commissioner of
the fctate of Connecticut. Mr. Bard continues as
Director of the Continental National Bank, and by
request, as Chairman of the Finance Committee.

JOHN

T.

AGNEW,

Broadway, June

CO.,

26, 1877.

HPHE COUPONS DIE JULV 1,
J-

AT

7

TO

9

)

the State Treasurer at Austin.

DONNELL, LAWSON &

CO.,
Fiscal Agents for Stittc of Texas.

A SEMI-ANNUAL DIVIDEND OF
^-FOUR PER CENT, free of tax. has this day been

We
of

have

$2,000,

hereby give notice that from

AUGUSTUS

J.

Aug.

BROWN.

ST.,

CHICAGO,

WALSTOJT H. BROWS.

Brown & Son,

J.

BANKERS,
New

34 Pine Street,

CITY RAILROAD STOCKS & BONDS
SOLD.

See quotations of City Railroads In this paper

Bonner &

Interest on the Registered Stock
be paid by check, issued by the Treasurer
of the United States, to the order of the
holder, and mailed to his address. The check is
payable on presentation, properly endorsed, at the
offices of the Treasurer and Assistant Treasurers
of the United States.

The Subscriptions will bo for Coupon
Bonds of $50 and $100, and Registered

York.

SPECIAL ATTENTION GIVEN TO THE NEGOTLB,
TION OF

9 Per

SECURED BY

REAL ESTATE FIRST MORTGAGES
For

particulars, write or apply to

GREGORY &

WANTED

New York.

:

1

Issued te Galveston Harrisburg & San Antonio Railroad, due 1*96, interest March and September, payable
•
at Austin, Texas.
Taxes for payment of Interest and Sinking Fund
collected by the State of Texas, also other Texas
Securities, for sale.

No. 7 Wall Street,

Oswego City
DUE

Co.,

BANKERS AND BROKERS,
No. 20 Broad Street, New York.
Stocks, Bonds, and Government Securities houent
and sold on commission at the New York stock Exchange.
Dealers in all descriptions of Bonds and Investment
Securities.

The correspondence of Bankers aad Brokers through.

New

4c

CO.

York.

Sevens,

IN 1888;

Rochester City Sevens,
DUE

IN 1893

Louis, and San Francisco, and by the National
Banks and bankers generally. The applications
must specify ihe amount and denominations re2
post-office address of

bonds

win.

a.

Southern States, In accordance with their sever."
Funding Acts, upon the most reasonable terms
possible:

.ALABAMA, LOUISIANA, S0U1B CAROLINA
TENNESSEE. VIRGINIA.

40 Hall

MOHAN,

FOR SALES
Scrip.

Virginia slate New Series Bonds.
Jen. Mad. A Indianapolis UR. First Morte. Bonds.
Mobile & Montgomery B. R. First Mortgage Bonds.

CO.,

New York.

16, 1577,

with interest added at four per cent to

The Payments

may be made in gold coin to
the Treasurer of the United States at Washington,
or Assistant Treasurers at Baltimore, Boston, Chicago, Cincinnati, New Orleans and 8t. Louis, and
to the Assistant Treasurer at

exchange on

New

San Francisco, with
York, or to cither of the under-

signed.

To Promote the Convenience of Subscribers, the

Undersigned

will also receive,
in lieu of coin, United States notes or drafts on

New York, at their coin value on
New York.

the day of receipt

in the city of

AUGUST BELMONT & CO., N. Y.
DREXEL, MORGAN & CO., N. ¥.
J. & W. SELIGHAN & CO., N. ¥.
MORTON, BLISS & CO., N. T.
FIRST NATIONAL BANK OF THE
CITY OF

NEW YORK,

N. Y.

CO., Philadelphia.

14, 1877.

FIRST MORTGAGE RENEWAL

7 Per Cent

An energetic and active Arm (young), three years
established, of unblemished reputation, possessing
every facility for working the sale of AMERICAN
Is very desirous of entering Into
negotiations with an cnteprislng New York House In the
general goods line, with a view to representing It In
HULL and large surrounding district.
First-rate testimonials can be furnished.'
N.B.— Independently of above, we are open to purchase good OX-HORNS.
As this Is most genuine and will bear the strictest

U., 12 Eastern

money must
The remainder may

of the purchase

date of payment.

Street.

most earnestly requested

the

be paid at the pleasure of the purchaser, either at
time of subscription or at any time prior to Oct.

AGENCY.-HULL, ENGLAND.

Investigation, replies are
(In first instance)

Per Cent

name and

whom

BUFFALO NEW YORK & ERIE RR.

PRODUCE,

i

Louisiana State Bonds.
Al egneny City Four Per Cent Bonds.
New Orleans Cliy Bonds.
St. Paul * Pacific Railroad Bonds.

be made

the person to
payable.

accompany the subscription.

Juni

out the country .ollclted.

Funding of Southern State Bonds.
We are prepared to fund Bonds of the following

shall

DREXEL &

;

FOR SALE BY

n

of Application

Treasurers at Baltimore, Boston, Chicago, Cincinnati, New Orleans, New York, Philadelphia, St.

Two
:

New

FORSTER, LUDLOW

will

quired, and, for registered stock, the full

i:\I.Mll.

6 Wall Street,

tered,

Forms

Investments

Ct.

Stock in denominations of $50, $100, $500,
$1,000, $5,000, and $10,000.
The Bonds, both Coupon and Regisbe ret-dy for delivery July 3, 1877.
will be furnished
by the Treasurer at Washington, the Assistant

"*«IlROAI» SECURITIES.

BANKERS,

NEW YORK.

any form, by or under

The

PER CENT BONDS.

H. L. Grant,
No. 145 BROADWAY,

of taxes or duties to the United States, as

will

DEARBORN

Alabama, South Carolina & Louisiana
State Bonds;
WM. R. UTLEY, 10 Wall St., N. Y.
Orleans Jackson & Gt. Northern,
Mississippi Central, and Mobile
FOR SALE:
Ac Ohio Railroad Bonds
;
$100,000 BEXAR COUNTY EIGHT
City or New Orleans Bonds.
STREET.

and carry interest from that date,

State, municipal or local authorities.

ork State 'is.
City of Toledo 8 Per Cent Bonds.
The Thomas Iron Company 7 Per Cent Bonds.

WALL

are redeemable after thirty years

1877,

well as from taxation in

LOANS AND REAL ESTATE,
No. 125

FOR SALE

LEVY & BORG,

1,

payable quarterly, and are exempt from the pay-

ment

Town Bonds of New

10 Broad Street.

the

until July 16, at 3 P. M., they will

The Bonds

W. T. (I MIIN(,,

WANTED:

BONNER *

and

from July

Eight years' experience and highest references.

New

G. T.

of s contract with

Accrued Interest in Gold Coin.

mortgages now on hand (H2.000) In sums
drawing 9 per cent, first-class security.

Financial

Wabash Railway Funded Debt

this date,

—are "Judgment" Coupon Notes; borrower pays all
These mortgages mfree from taxation.

Kansas Pacific RR. Bonds. South Carolina Consols.
Orleans Bonds. Louisiana Consols.
City, County and Town Bonds, Iowa, Ohio and Wis
Second Avenue Railroad stock and Bonds.
Cities Dubuque, Keokuk, and Evansvllle Bonds.
Toledo, Sandusky, and Cleveland Bonds.
No. Carolina Bonds. Denver & Rio Grande Bonds
Atchison & Pike's Peak Railroad Bonds.

declared, payable to the stockholders on and after the
1st day of July next. The transfer
transf
book will remain
" Julv
closed from this date until
Julv 2.
2
G. M. HARD, Cashier.

WANTED

the undersigned

expenses.

THE CHATHAM NATIONAL BANK
BANK,
No. 1% Broadway,
New York, June 23, 1877. )
FORTY-THIrtD DIVIDEND.

O. T.

Loan.

PAYABLE SEMI-ANNUALLY,

FROItt

Bonds of the State of Texas, except the Pension
Bonds, will be paid on and af :er maturity at our office.
The coupons from Pension Bonds will be paid by

BOUGHT AND

Under authority

PER CENT INTEREST,

all

36

Cent

SECRETARY OF THE TREASURY,

HAY1NO AN ACTUAL RENTAL VALVE,

Vice-President.

OFFICE OF DONNELL, LAWSON &
93

CHICAGO REAL. ESTATE,

York.

CONTINENTAL NATIONAL BANK.
New

Four Per

CAREFULLY PLACED ON PRODUCTIVE

receive subscriptions for the Four Per Cent
Funded Loan of the United States, in
AT
ANY
PLA
CE
TEA
T
LENDER
MA
DESIRE.
Y
September
denominations as stated below, at Par and
All our loans are covered with first-class Insurance

enter into and subscribe the same and deposit their
securities with the Farmers' Loan and Trust Company
in the City of New York, or with the Bank of Mobile
in the City of Mobile, as provided by said agreement,
shall be and they are hereby allowed to participate In
said bid and purchase on the same terms anl on an
equal footing in all respects, according to the character of their claims respectively, with the said bondholders and creditors who have heretofore entered
into and signed said agreement."
further Information may be had on application personally or by mall to
w. H. HAYS, Chairman,
11

Financial.

MORTGAGE UNITED STATES

FIRST

;

XXV.

[Vol.

DUE

Bonds,

1016,

COUPON OR REGISTERED,
INTEREST PAYABLE JUNK AND DECEMBER IN
NEW YORK, FOR SALE BY

PERKINS, LIVINGSTON, POST & CO ,
23 Nassau Street.

FFAIRS OF CORPORATIONS AND
-sarins Investigated: partnership
A

accounts and Insurance Iobbcs adjusted frauds and errors detected
books opened and closed. Twenty years' experience,
references Include municipal authorities, bank and
insurance officers, menhants. lawyers, and others for
whom Important work has been done.
G.C.HALSTEAD, Public Auditor 39 Nassau St.
:

to

Morning News OfJce,

HULL, ENGLAND,

;

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

VOL.

SATURDAY. JULY

25.

CONTENTS,
A

Year's Advance Toward Specie
Payment
State*

The Remits

of Public

Work

Financial Review of Jnne

5

The Debt Statement

7
7

for Jnne, 1871

Imports and Exports for May, 1877
3 Latest Monetary and Commercial
English

in

Engraving and Printing
Tho Metric System of Weights
and Measures

Money Market, V.

1

News

Commercial

8

8

and

Miscellaneous

News

9

4

THE BANKERS' GAZETTE.
S.

Securities,

Railway stocks, Guld Market,
Foreiqn Exchange, N. Y. City
Banks, National Banks, etc

|

NO. 628.

1877.

a ffg r egate the Comptroller adds another important item.
Under the law of January, 1875, it is required that for

THE CHRONICLE.

Cotton Consnmption in the Unit d

7,

all

new bank

rule to the twelve

18-

New York

14

Applying this
and a half millions of new circulation

issued during the year to the national banks,

that

Quotations of Stocks and Bonds.

notes issued legal tender notes shall be

retired in the proportion of 80 per cent.

the

proportionate

withdrawal

of

we

find

greenbacks

amounts to $10,007,952. The total, therefore, of the
reduction of the net aggregate of outstanding greenTHE COMMERCIAL TIMES.
Commercial Epitome
lSIDryGoods
22 backs and bank notes has been $22,566,150 during the
Cotton
18 Imports, Exports and Receipts.
28
Breadstuffs
81
Prices Current
U year. Such is the beneficent result of the resumption
legislation as reported by the Comptroller.
Since June,
&!)* €\)xonicit.
1876, we have diminished the volume of our paper
The Commercial and Financial Chronicle is issued on Satur- money, including the greenbacks and the bank notes,
day morning, with the latest news up to midnight of Friday.
by twenty-two and a half millions of dollars.
(

|

10

|

Local Securities
Investments, and State, City and
Corporation Finances

15

.

I

TERMS OF SUBSCRIPTION-PAYABLE
For One Year, (including postage)
ForSix Months
Annual subscription in London (including postage)
Sixmos.
do
do
do

IN

ADVANCE:
$10

20.

6 io!

£2
1

5b.
68.

Subscriptions will be continued nntil ordered stopped by a written order, or
at the publication office. The Publishers cannot be responsible for Remittances
unless made by Drafts or Post-Gmce Money Orders.
oiti<
The London office of the Chronicle is at No. 5 Austin Friars, Old Broad
Street, where subscriptions will be taken at the prices above named.

London

•

.

Advertisement*.
Transient advertisements are published at S5 cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal discount is made. No promise of continuous publication in the best place can be
gven, as all advertisers must have equal opportunities. Special Notices in
anking and Financial column BO conts per line, each insertion.
wii.i.iam B. Dana,
WILLIAM B.
& CO., Publishers
JOHN G. FLOYD, JR.
79 & 81 William Street,
YORK.
Post QrricE Box 4,595.
I

DANA

NEW

0&~ A

neat file-cover is furnished at 50 cents; postage on the same is 17
Volumes bound for subscribers at $1 50.
For » complete set of the Commercial and Financial Chronicle—
July, 1SI15, to data— or o( Hunt's Mercuantb' Magazine, 1839 to 1871, Inquire
cents.

P*F

"

,

at the office.

~ VF' The Business Department of the Chronicle Is
represented
Financial Interests in New York City by Mr. Fred. W. Jones.

ADVANCE TOWARDS SPECIE PAYMENTS.
Wide as is the diversity of opinion in regard to other
fundamental questions about the resumption of specie
payment, there is a general unanimity in regard to two
points which are the most important. The first is the
necessity of lowering the level of the circulating current
of paper money, and the second is the obligation of
accumulating a reserve of coin by the Treasury before

we offer to pay coin on demand for our outstanding notes.
To Mr. Knox, the Comptroller of the Currency, we are
indebted for some figures which illustrate the progress
of the country in the former of these great preliminary

movements towards the goal of resumption.
He reports that during the year ending June 30, 1817,
national bank notes have been withdrawn to the amount
of $25,021,698. During the same time, new bank notes
were issued under the Act of January 14, 1875, amount-

•

we

shall obtain

lions to the other net figures of contraction,

we

obtain a

whole amount of permanent
paper-money contraction effected since the end of the
last fiscal year.
This contraction has been carried on
in a steady, conservative, healthy manner, and it is
total of $36,609,608 as the

Hence, the net decrease of the

impossible to avoid noticing

of necessity operate to the repression of business.

Not-

withstanding the activity with which our currency has
been contracting its limits under the wholesome operation of the resumption law, the business of the country is

gradually recuperating, and shows as much, if not more,
of vitality and elastic strength as is exhibited in the

most favored countries of Europe.
Turning once more to Mr. Secretary Sherman's statement of the public debt, we find that the aggregate of
greenbacks outstanding is $359,828,294. We thus see
that the greenbacks are now reduced nearly to their old
level of 356 millions, at which they were left by Secretary McCulloch in 1869. The official tables show the
following changes of volume which the greenbacks have
sustained between that time and the present.
Up to the
time of the panic in September, 1873, the greenbacks
were reported at $356,079,742; on December 31, 1871,
at $378,481,339; on January 31, 1874, at $381,794,029,
and on February 28, 1874, at $382,078,592. Since that
period there has been a decline of over 22 millions, the

bank notes during the year amounts to
$12,558,198.
To this decrease in the national bank-note amount

national

refer to the debt statement just issued

how completely its results
have refuted the arguments of the inflationists, who
amone contend that all such contraction of the currency must

A YEAR'S

ing to #12,463,500.

we

by the
some further
information on the subject of paper-money contraction.
The fractional currency, which enters as a very important factor into our paper-money aggregate, has been
reduced during the year by more than fourteen millions,
and now amounts to $20,403,137. Adding these 14 milIf

Secretary of the Treasury,

at present

being $359,828,294, of which $13,-

increase must
also stated that for this year a further
goods.
be expected in the consumption of
investigation into the actual pounds of cotton
during the past six months by fifty-eight

we

retiring the
938,802 are on deposit for the purpose of
circulation of national banks.
With regard to the coin balance in the Treasury, it
net ;
has increased during the fiscal year by $16,328,221
$54,960,000
which
of
it now amounts to $115,122,473,
gold
special depositors, and are represented by

An

worked up

The progress of accumulation

is

Massachusetts and adjoining

expectations of September last are being fully realized.
These figures have been collected in Boston, and the

certainly not so

of our
rapid as might have been expected, and this part
prosebe
certainly
must
resumption
for
preparations
The
hereafter.
success
and
energy
more
with
cuted
policy
public will watch with much interest the future

of Mr. Sherman

in regard to this part of his work.

manufacturing corporations of
States, shows that our

cotton

of the larger

belong to
notes.

XXV.

[Vol.

THE CHRONICLE.

2

aggregate results have been sent us this week by the
follows for the
person who collected them, and are as
corporations:
fiftv-eight
&
J

We

the
have so often insisted upon its necessity, and upon
not
need
we
that
it,
neglecting
danger of delaying or

In the

first

„

«

six

months
«

Increase in the last six

the
here discuss it. What is chiefly necessary is, that
making
is
currency
our
that
assured
nation should be
that
steady progress towards specie resumption, and

Pounds.

of 1877 the 58 mills
1876 the 53 mills

consumed. 94,650,874
consumed. 91,469,447
3,181,427

months

or 3 4S per cent.
-

These

fifty-eight mills use

about 409,000 bales of cot-

which would be about 33£ per cent of
harevery part of our financial machinery is working
represent
entire Northern consumption; and, as they
moniously together for the accomplishment of that final the
in styles
mills
Northern cotton
that a conviction of the a fair average of all the
ton each year,

It is gratifying to know
3alutary results which a return to the solid basis of hard
result.

we may safely
of production and in other particulars,
the
representing
as
above
take the increase obtained
cotton
by
of
consumption
the
actual increase this year in

upon our monetary and commercial
system, is much more generally entertained even in the
West than at any previous period since our paper-m«nej>
After some extended inquiries on this
inflation began.
shrewdest and best-informed merthe
among
subject
chants of Chicago, St. Louis, Cincinnati, and other
Western centres of industrial and financial activity, we

money

will confer

One further
our Northern mills as compared with last year.
inquiry,
this
by
out
brought
also
is
fact of importance

and that is that the goods manufactured from this cotactual home
ton have all disappeared—having gone into
consumption or been exported-in the face of the very dull
during all the early months of the year. Could
are convinced that a change is developing itself in this trade
more positive proof that at low prices consumprespect in the tone of public opinion among business we have
production, and is constantly increasing ?
men. Should this salutary movement go on and spread tion has outrun
increased since the 1873 panic; the
throughout the country, it will add another illustration The population has
of our people, under the recuperating
to the long list of proofs of that singular harmony with buying capacity
crops and past economies, is rapidly
which, in the United States, our free institutions develop influences of good

decidedly
and bring it into rapport on the increase; the export demand is also
giving
to the
altogether
prices
paying
with the reforms which, from time to time, become larger and at
aspect—
favorable
extremely
an
outlook
needful in our monetary' industrial, or political organi J manufacturing
run up to a point
As resumption draws near we find that, on the never more promising, unless prices be
zation.
one side, our financial system adapts itself to the approach which shall check consumption.
These facts have a bearing also on the future of cotton,
of specie payments, while on the other side popular
us
which a brief review of last year's market may help
is responsive and yields to the inevitable, or

and

instruct the public mind,

;

.

•

opinion

welcomes it with an acquiescence which grows more and
more hearty and universal.

to interpret.

was

The general course
one,

falling

a

the

only

of prices last season
exception

important

March, after which decline followed to
the
August, when there was only a small part of
season,
the
of
month
last
the
marks
advance that usually
COTTON CUNSOHPTHN IN THE UNITED STATES.
that year's
because no one suspected the large increase of
We showed briefly in our last September crop report consumption in Europe and America (more than absorbthe peculiar features of the cotton manufacturing
our big crop of 4,660,000 bales) while the growing
being the

rise in

ing

industry in this country since the panic. The first
period was July, 1874, when the mills and their agents

ever
crop was regarded as promising the largest out-turn
great
a
was
made except in 1859. In the crop of 1875-6

found themselves with a large surplus of goods on their quantity of low-grade cotton, excellent in staple, but
hands. Everyone, therefore, at once claimed that here wasty. This caused a wide difference in price between
was an immense over-production. In July, 1875, how- grades, until near the end of the season. The following
ever, the fact was disclosed that although the mills used are the quotations at the end of each week, from March
as much cotton as the year before, they held at that 4 to the close of the season, for upland cotton in
date decreased stocks of goods disproving the conclu- New York, distinguishing ordinary, good ordinary and
sion of the previous year, and showing that the country middling:
had taken and would take, at low prices, in very dull
Mid.
G. 0.
Ord.
1876
Mid.
G. O.
Ord.
1876
9 15-16 13
8 9-16
June
3.
times the then present production. The apparent over- March 4.. 9 1-16 10 9-16 ISM
"
9 15-16 IS
•>
8 9-16
10..
11.. 9 8-16 10 11-16 lSJf
production in 1874 was thus found to be the pressure of
1-16 IS*

—

.

.

.

.

—

" that is, in the
the ordinary surplus in a " fresh place
hands of spinners instead of, as formerly, in the hands of

merchants. Again, in July, 1876, stocks of goods held
by manufacturers were further reduced, although the
consumption of the raw material had been considerably
in excess of previous years.

From

these facts

we

then

drew the necessary conclusion that the country was
absorbing more than the current production, and hence

>•

18..

.

25..

.

1..

.

"

8..

.

M

15..

• <

April

.

<»

as..

.

'•

so..

.

6..

.

May
"
ii

"

IS.

.

so..

.

27.

9 5-16

10 13-16

UH

9X

UK

13 5-16

'•

"

17..

.

84..

.

S 11-16 10
8 11-16 10

9 11-16

1.

13Ji

9 11-16 11 a-16

18*
13X

H
"

15.

.

52.

,S*

29.

.

9 11-16 11 3-16
9 5-16 10 13-16
9 1-18 10*
8 13-16 10 3-16
8 11-16 10 1-16

8 5-16

9 11 16

12*
12 9-1C

li*
12*
11*

"
Aug.
it

"
Sept.

12*

8 5-16
6 5-16

July

.

16

9 15-16 12

13*

8..

1

8 9-16

9 13-16 11 5-16
9 13-16 11 5-16

8 5-16

9 11-16

11*
11*

9*

11 11-11

9 11-16 11 J£

.

8*4
9 3-16

10

IS.

10 7-16

12
12 5-16

5.

.

19.

•

9*

10*

12*

26.

.

9 8-16

:0 3-16

IS 1-16

80.

.

8 3-16

io i-:6

n

July

3

THE CHRONICLE

1877.]

7,

From March

1

may

to the end of July the difference beand good ordinary was lf@Ho.; be.

control

it.

Last year 120,000— suppose

it

100,000

this year

tween ordinary
The freight engagements at all the ports
In
export June 29, were about
tween good ordinary and middling, 2@2 l-16c.
respectand
lfc.
l@lic.
were
differences
the
August
At the end of September they had narrowed to
ively.
stand at 10-16c. and Which leaves
|c. aud 15-16C, and now (July, 1877,)
spinning
table of quo- To supply the home want for
above
The leading feature in the
13-16c.
from April to
tations is the constant decline of prices

^

Leaving for export

for

35,000

135,000

20000(>
139,000
61,000

effect of the
near the end of the season, a natural
Last September our spinners were bare of stocks, havone known to
following
then
crop
promthreatened very large
ing allowed them to run down as the growing crop
indicaany
Should
yield.
full
be over 4£ millions bales, while there was yet no
very
a
Summer
the
during
ised
afterwards
tion of the great inerease in consumption
circumstance lead manufacturers to stock up this year*
Another effect was to restrain buying for
would be
discovered.
of course to just that extent their demand
before the
wanted
supply
of
minimum
the
diminished.
to
mills
be
our
increased and the above surplus for export
new crop could come in. When that came, the mills

and
generally were low in stock, and had to buy early
get
could
they
largely of new eotton. Fortunately,
conprices,
low
at
early supplies from Texas

THE RESULTS OF PUBLIC WORK

abundant

IN

ENGRAVING AND PRINT-

ING.

and examining the report of the
When the anstantly falling until the end of October.
on the 20th of March, by
appointed
special committee,
and the
nual statistics appeared, ours to 1st September
investigate the Bureau of
fully
to
Secretary Sherman,
European to 1st October, it was seen that prices were Engraving and Printing— which report was finished and
cotton
very low; there was new and larger demand for
rendered on the 28th of May, and has lately been made
all
and
here,
and
Europe
in
prices,
advancing
goods at
public—it is important to keep in mind the source from
large
influences combined to induce spinners to lay in
It is not the work of an
which the report comes.
came
February,
in
Later,
material.
raw
the
of
of
stocks
investigating board appointed by a hostile House
renewed dangers of war in Europe, possibly involving Representatives, but is from a commission composed of
In

considering

nations; the extraordinary receipts of cotton at
large
ports, which usually are due in January, and a

many

of the
one person each of the offices of the Treasurer
Comand
Currency,
the
United States, Comptroller of
movement of cotton from India and Egypt, which, with missioner of Internal Revenue. The presumption is that
our own rapid showing of receipts, gave promise of a committee thus constituted would be unprejudiced,
supply far exceeding the estimates made in December none of its members having any motive for either attackand January; the decline of 6@7 per cent in silver, and ing or whitewashing the conduct of the Bureau, and the
a cessation of contracts for goods; and, most potent of
of government adminis-

oar

disposition of general defense
a very successful " bear " operation in the specu- tration which a government employe naturally, although
lative markets in Liverpool and New York, carried unconsciously, takes, is certainly sufficient to dispose of
on for three months, favored by the circumstances menthe examiners in this case went at
all,

any suspicion that
things to contheir work in the determination to find
During this time spinners almost universally adopted demn.
the policy of working up their cotton and pushing the
very important to remember
tioned.

This fact, we say, is
In Europe, stocks (as we
because the discoveries made by the committee are so
saw last week) are now about exhausted, and hence- monstrous that they would scarcely be credited if issued
forward what they consume must be taken from the
trust that, our readers have
partisan board.

sale of

their productions.

We

by a

market, out of the visible supply. Our Northern mills
public,
studied the report. It should be kept before the
will require this year, as we have seen from the figures
upon
insisted
often
so
have
we
truth
great
until the
given above, at least 1,250,000 bales, against the 1,211,tha*
government—
our
of
principle
adopted
the
becomes
000 last year. What they have already had and what
to
government
the
for
necessary
absolutely
not
work
all
they will require for the balance of the season, may be
can
other
way
In
no
enterprise.
private
to
left
be
do,
stated as follows:
we secure in our system of government purity and
The stock of cotton remaining in port, September 1,
economy. But let us note a few of the prominent disbales.
120,000
1876, was
this committee has made.
3,939,000 coveries
The receipts at port to June 29 were
expected, that
.

what would naturally be
requirethe force employed was greatly in excess of the
divisions
the
of
one
In
done.
work
ments of the actual
where for a number of years the pay-roll was two or

The

Total supply to June 29
Export to June 29
Stock in ports, June 29

4,059,000
2,961,000

257,000— 3,218,000

Taken by Northern mills from ports,
Overland to June 29, estimated at

to

June 29

841,000

270,000

Total taken by Northern mills to June 29
Required to make the lull supply needed— say

1,111,000

139,000
1,250,000

Year's requirement

With our

mills requiring 139,000 bales additional,

of interest to see

what may be

left

export after deducting that amount
Stock in ports June 29, as above
Receipts at ports and corrections after June
Overland after June 29, estimated

The

tity,

larger or smaller as

is

accomthree times as large as necessary, a platform "to
underneath
built
been
had
counters"
surplus
the
modate
which
the iron roof, and on this mere shelf, on parts of
there was not

room

to stand erect, about thirty "

women

be
who had received appointments and for whom room must
and
do,
to
nothing
found," were stowed away, who had
some of whom, by force of idleness and bad air, whiled
away the time in sleep. In the printing division twenty

whom were
female " messengers" were found, sixteen of
division
examining
the
to
carrying
in
ostensibly engaged
as a
30,000
soon
as
printers
the
;
from
received
the sheets as
messenger*,
the
of
one
received,
were
sheets
hundred

.

50,000

... 337,000

a varying quan-

demand and

is,

257,000
29, estimated

Total supply after June 29
stock in ports 1st Sept.

it is

of this crop for

first

prices

few

" were so numerous as actually to be in each other's
through
way," took them on a board and carried them

who

THE CHRONICLE.

[Vol.

XXV.

o narrow passage to the examiners. By suggestion of has also always
been a loss to the government. It is not
the committee a single man now takes these sheets on a in the nature
of things that public work can be done as
truck and finds time for other work besides. The num- cheaply
as that of private concerns which are subject to
ber of examiners and counters is also excessive. National competition
and must bear their own losses.
bank notes go through more than sixty manipulations
Possibly the reader may be surprised to learn that
independent of those connected with the necessary this huge and
growing machine, whose head receives
mechanical processes; the legal tenders, receiving one
$4,500 salary, but is neither appointed by the President
less plate-printing and no surface-printing, are counted
nor confirmed by the Senate, has no definite legal status,
and examined forty times. In April, 1876, the pay of there
being no law for its existence even, except that
female employes was reduced from $1 75 to $1 50 a
section 2 of the loan act of July 11, 1862, authorizes
day, by direction of the Secretary, not for economy, but
the Secretary to cause "the said notes" (named in the
in order to expend the saving in the employment
of act) to be executed in the Treasury, and " to purchase
more people, " the reason assigned for this action being and
provide all the machinery and material and to emthat the pressure for place was so great that something
ploy such persons and appoint such officers as may be
must be done to satisfy the demands made upon the
necessary for this purpose." From such beginning has
Secretary," and to such an extent was this practice of
grown this unregulated excrescence, employing nearly
using the Bureau as a political almshouse carried that
1,000 persons.
The committee make many recomthe large appropriation, over $2,000,000, for the
last mendations, upon the assumption that the
Bureau is to
fiscal year was spent in about seven
months, thus com- be continued, but their main and final
recommendation
pelling the stoppage of work and the discharge of
1,700 is that it be abolished; they would "relegate
into pripersons, although the money was ample for the
whole vate hands the business of printing the public
securities,"
year with proper management.
merely affixing the seal at Washington as an attest.
Hence it is not surprising to learn that on May 1 there
Every statement in their report is an argument against
were on hand 18,716,266 sheets (280,000 pounds) of
the the extension of governmental functions, and
the way
distinctive paper, costing $300,000, of which
nearly to reform this Bureau is to do away
with it entirely; its
3,500,000 sheets, made for issues long ago discontinued
existence has not accomplished one even incidental good,
and in sizes unavailable for any other use, are likely
to but has jeopardized many interests
and been only anbe a total loss to the government; that a large
lot of other evil to be removed.
The committee, summing up
check-paper, also, is of a kind no longer
used "its past history, looseness and
extravagance, and
for checks, and is good for nothing else;
that the scandals to which it has given rise,"
rightly say
at the present
rate of
printing, the 4,000,000 that it furnishes
"the strongest possible argument
sheets of bank-note paper on hand will
last nearly against the engagement
of the government in branches
two years, and the 7,000,000 sheets of legal-tender paper
of industry which are ordinarily left to private enterwill last over six years; that 300,000
sheets for the
pe r prise." And this is the moral which
the results of the
cent, loan would have been a liberal
estimate, but that investigation teach.
more than seven times that quantity has been made
and
paid for; that 23 persons are now employed

U

in

the

engraving division, at a cost of $41,000, although
the 4
per cent bond is the only thing requiring any
new work
of consequence
that an exceptionally expert headengraver is still employed on heads at his own
house, at
the high price of $650 each, although 107
portraits are
now on hand that although thirty of them have never
yet
been used, and the law forbids using portraits
of living
men on notes, bonds, and other securities, " it is the
prac;

;

tice of the

Bureau

every Cabinet

men

as

may

officer

to have

engraved the portraits of
and of such other prominent public

be selected."

The

requisitions for these

THE METRIC SYSTEM OP WEIGHTS AND MEASURES.
Some weeks ago, a blundering Washington dispatch
in respect to the use of

called

metric measures in rating letters,
out a correction from President Barnard, of

Columbia College, who is also President of the
American Metrological Society. Probably the incident
attracted slight attention from persons
not already
interested in the subject, and probably
only a small
number even of business men are aware of the law as
to
metric postage or have acquainted themselves

with (he

proposed plan

may, therefore, not be ill-timed to set
forth the nature and advantages of the
system.
Certainly no intelligent person can doubt
that the old
system of weights and measures— calling it "
system "
for convenience— needs reforming.
The dozen or more
;

it

supplies were made by the Bureau, and
the committee
" have no hesitation in saying that
the ordering of such
inordinate quantities of a distinctive paper,
available
only for special purposes, was in reckless
disregard of
the interests of the government;
whatever may have tables of the arithmetic are a distress to childhood,
and
been the motives, it was certainly fortunate
for the hardly any adult except teachers retains them
in memory.
manufacturer that the making of the order was
have in use lines, barley-corns, inches,
entrusted
nails, ells,
to such liberal hands."
quarts, quarters,quarterns, gallons,
pecks, bushels, coombs,
But it is unnecessary to multiply these typical
illustra
minims, noggins, kilderkins, firkins,
barrels, butts, pipes,
tions of a condition precisely what
any intelligent person puncheons, tierces,
hogsheads,
scruples,
carats, grains,
would expect under similar circumstances. The
govern- drams, pennyweights, and
many
others,
the nomenment rule of the past has been to crowd every
depart- clature alone being as hard
a
tax
upon
the
memory as
ment of our civil service full of political dependents,
any of the rules in Latin orthoepy.
have 32 gallons
"just to take care »f them," the problem being
always in a barrel of cider, 31* or 36
in one of ale or milk, 30
how to find work for persons, instead of how to find
per- in one of fish, 42 in a tierce
of
oil, 63 in a hogshead of
sons for a specific quantity of work.
Beform means, t^ine, 54
a hogshead of beer, 2 in
a peck of grain
therefore, first, a simplification of the
government ; the etc.; there are 268 4-5 cubic
inches in the "dry" gallopping off of all useless or unnecessary
bureaus, and lon, 231 inches in the
wine gallon, 282 in the beer
thus reducing the official army to the
lowest possible gallon, etc.; the English
pound Avoirdupois is heavier
point.
The items, as well as the suggestions, of
loss than the pound Troy,
but the ounce Avoirdupois is
mentioned above are enough to illustrate
that this Bureau lighter than the ounce
Troy; the "ton" is 2,000 and

We

We

m

July

7,

1877.

THE CHRONICLK

]

2,240 pounds, according as

it is

" long " or ordinary; 12

make a dozen, and 20 units
paper make a quire, and 20 quires
units

Take "long" measure,

"for

a score

;

24 sheets of

a ream, etc., etc., etc.

example, and

wo go from

barley-corns to inches, feet, yards, rods, furlongs, miles,

and leagues; we multiply by 3, 12, 5$, 16$, 40, 8, and
and in reduction back reverse this order; the mile is
"statute," "geographical," "nautical," and each unlike
the rest. We could fill a column with a statement of
these contradictions, inconsistencies, and absurdities;
suffice it to say that the whole is arbitrary, without
unity or connecting link, there being no relation between
the different kinds of measurements, and everything
being exception and not by rule.
Of course, in a sense, all measures are arbitrary, since
they .are only an artificial system of reckoning. What
is essential in them is unity, simplicity and convenience;
but these are precisely the qualities which the existing
method lacks, it having been framed" without study
and adhered to because of the lack of anything better
and the difficulty of changing.
Probably the chief
reason of the defects of the present measures is their
lack of a definite unit-base, and with supplying such a
base the metric system begins. Its unit the meter is
3,

—
—
the ten-millionth part of one-fourth of the earth's
cumference — equivalent to 39 37 inches — and the metric
cir-

utility of the

money and

decimal notation

is familiar to us all in our
and the metric compares with
the human hand with the horse's

in percentages,

the old tables

as

For example, to reduce cubic inches to perches
and feet, we must divide successively by 1,728 and 24f
hoof.

to reduce 1543514 centimeters to kilometers, <fcc, we
have simply to point off the figures thus: 15,435,14, and
read 15 kilometers, 435 meters, and 14 centimeters; to
reduce 1543514 inches we must divide by 12, 3, 5$, 40
and 8. Some reductions cannot be performed by the

present tables, except approximately.

The meter

dates back

itself

to

-

President

1790.

Washington urged upon Congress the importance of a
" standard at once invariable and universal"; President
Madison, in 1816, spoke in his message of " the great
utility of a standard, fixed in its nature and founded on
the easy rule of decimal proportions ;" Jefferson wished
to reduce " every branch to the same decimal ratio

already established

went

s,o

John Quincy Adams
worth more than
labor-saving* machine
and the

with coins

;"

far as to call the metric system

the steam-engine as a

;

opinion obtained by inquiry of English teachers, several
years ago, was that the full adoption of metric measures in

England would save $1,750,000 a year

in school

expenses and two years of the school-life of every child.

completely adopted by the
French in
It was
system consists of these two rules: extending the unit 1840, and since 1863 it has been adopted by PortuAustria,
Germany,
meter through all tables, and using the decimal 10 as gal, Greece, Belgium, Spain,
the rate of progression throughout.
have to meas- Italy, Holland, Brazil, Great Britain and others; in Gerure: the length of things, the weight of things, the sur- many and most of these nations its use is compulsory;
-

We

face of things, and the capacity of things; and this is
done by the same meter, multiplying and dividing by
10, thus extending the decimal system which makes our
money-reckoning the most perfect in the world. This
is the key to the new system, and the following is the
table of length, the equivalents by the measures in
present use being added:
1

1
1
1
I

1
1

1

millimeter equals
centimeter equal*

-01

decimeter equals
meter equals
decameter equals
hectometer equals
kilometer equals
myriameter equals

The measure

a meter
of a meter
of a meter
meter

-0OI ef

-1

1

10 meters
lOOmeters
1 000 meters
10,000 meters

of weight

is

in

1866

its

The

use was legalized in the United States.

coinage act of 1873 declared the legal weight of the
half-dollar 12$ grams,

thus putting the silver on the

metric basis, and the other coins are on

it

within a very

Architects, civil engineers, and other

small fraction.

classes of professional

workers have, for years, used the

foot divided into tenths; foreign orders for

American

39-87inches

manufactures are generally metrically expressed, and
the American Watch Company has voluntarily adopted
metric scales exclusively for its own use; our commerce

89S7 inch'

is

0-MW

inch.

0-3937 inch.

S'987inchee.

s.

largely with metric countries; the International Postal

8,937inches.
0T.S137 miles.
6 '2 37 miles.

the (/ram, that of capacity

Union,
United

Berne

ratified at

States

expresses

its

is

rates

a

in

1874 by a treaty to which the

party,

includes 21

exclusively metrically,

nations,

and

all

and
the

and that of surface the ar, each of these mail matter between this and European countries has
being used as the word meter is used in the table above.
In pursufor several years been metrically weighed.
is

the

liter,

The

milliliter is the

side

is

centimeter cubed, or the cube whose
a centimeter square; the liter is a cubic decimeter,

or a cube whose side is a decimeter square; the gram is
the weight of a milliliter, or a cubic centimeter of distilled water; the kiloliter is a cubic meter, and the tonneau
the weight of a cubic meter of water; the centiar is
the square meter, and the ar is 100 square meters. The
is

meter

is first taken as the base-unit of length, and is
divided successively by 10 to get smaller measures, and
multiplied successively by 10 to get larger ones; then, to
get measures of capacity, these divisions of length are

cubed, and to get measures of surface are squared; to
get weight measures, the weights of the cubed meter

ance of the law of 1866, metric scales have been furnished to a number of post-offices, 15 grams being taken
as equivalent to the half-ounce; this rating is not yet
generally used for domestic postage, but business men

be interested to know that as 15 grams are -53 of an
ounce, they can reduce their postage on foreign correspondence 6 per cent by procuring and using metric
will

balances.

Space will not allow detailing the progress the new
system is making; we can only say that metric scales
have been furnished to every State; that the system is
fast

making way

into the colleges

and schools; that

it

is

the only system of measures properly called a system,
strange] and that it is simplicity and perfection. Its merits have

and its divisions in water are taken.
However
and puzzling these measures may seem when thus quoted
passed beyond discussion, and it is already the intersingly, they are clear to the eye in the tables and are
national system, certain to become the only one in use.
the simplest conceivable; we have quoted them to show
how the measures of weight and capacity are derived
FINANCIAL RBV1EW OP JINK.
There was no event of special importance in June, except the
from the original meter of length, so that, when one is
agreement with the new Syndicate
familiar, all are, instead of having a dozen tables of completion of the Treasury
The loan, until July 16, is
for placing the four per cent loan.
varying names and multiples, without any link or relaopen for subscriptions at par in gold, and after that time it is
tionship between them.
As to comparative convenience] supposed that the price will be advanced If the demand warrants
of use,

it

is

superfluous to

comment

at length, for the

such a movement.

THE CHRONICLE.

6

ruled at the extreme point of ease, with a
large accumulation of idle funds at this centre. In government
bonds, prices varied with the fluctuations in gold and with the
prospects or changes of opinion as to the new loan. The greate

[Vol.
RANGE OF STOCKS IN MAT AND JUNE.

"The money market

Railroad Stocks. Open.
Albany & Susquehanna. 73

the chance that the old boDds will soon be called in, of course,
the more closely does their price approximate to par in gold. The
closed out, were

do

among the

now

cents,

&

do

17%
46%
19%
43%
90%

18%
48%
20%

25
86
2

33

25

88%

83%

48%
42%

63%
42%

25%
84%
1%
39%
42%

&

Rock Island.
Ind . .
Cleve. Col. Cin
Pittsburg, guar.
Cleve
Ind. C.
Columb. Chic.
Western. .
Del. Lack.
Sioux City. .
Dubuque

Chicago

&

In gold, the principal movement was a considerable export, the
extreme range in price being from 106$ on the 1st to 104J on the
Foreign exchange was
12th, and thence to 10oi at the close.

do
Harlem

&
&
& St.

June
1.

2

109% 112%

H6%

101% 113% .... 111% 113% llCJi 111
.
.. 110
113* 116% H2%
HI*
110% 115),- 103% 113* .... 112%
112% 112% .... 111%
110% ....100%
7.
109*113 116
111% 111%
110% 115
8
...
.... 112% 112% 111
110% .... 109* 113
9
S
10
110% .... 103% 112% 115% 112% 112% 110% 111
It
....110% ....
112% 115% 112
12
110%
..11!
110% 114% 109% 112% .... 112% 112*
18
HI
14
110% 114% 109% 112% .... 112% 112% 111
... 110%
112%
15
110% 114% 109% 112%
112* 111% 111%
16
S
17
111
.... 112% 118% 111
.. 109% 112%
18
110%
.... 112% 112% 111
111%
110% 114%
19
111%
20
110% .... 109% 112% .... 112% 112% 111
111% 111%
112% ..
21
Ill
109% 113
111% 111%
2S
111% .... 109% 113% .... 112% 113
23
110% .... 109% 112% .... 112% 112% 111% 111%
8
111%
28
114% 109% 112%
26
110% 114% 109% 1U% .... 112%
112% ... 111%
27
110% .... 109% 112% .... 112
28
K0% 114% 109% 112% .... 112% 112% .... 111%
in 114% 109% 112* .... 112% 112% ....111%
29
109% 112% .... 112% 112% .... 112
30
110% 115
113
110
116% 112
112% 111
111
Openingl!0% 115
Higb.est.111% 115% 110
113% 116% 112% 113
111% 112
Lowcst..ll0* 114% 109% 112% 115* 111% 112% 110% 110%
Closing. \l0y, 115
109% 112* 115% 112% 112% 111% 112
110% 115

Ill

5
6

30

30

30

38%

38%

122%

.

CLOSING FBICES OF CONSOLS

AND

Consols U.S.
Date.

for

5-20,

I

1

•'

2

"

3

"
"

"
"

"
"
"
•'

"
"
"

"
'•

"
"

"

8ECtJBITrE8

S.

6s of
1881.

108%

....

122%

10S*
....108%
.... 108%

....
....
....

....

New

Date.

4%s.

10-40 58 Of
1867.
1831.

New

5-2.1,

Money.

4%s.

109% 108% 107% 103 W June 20 94 5-16 106% 109% 107% 104%
" 21 94 3-16 106% 109% 107* 104%
107% 103%
109% 109
"
22 93 13-16 106^ 103% 107* 104%
" 83 93 li-18 106V4 103% 107% 104%
7-16 109%lln8% 107 % 103 %

!

1C

1W%

103M
107% 103%
107% :o3*
:i>v% 104

.

107% 101*

3....

1

"
"
"

24
25 94 1-16
26 94 7-16
27 91%
28 94%

"
"
"

29 91*
30 94 7-16

11 94 15-16! 109% 1109% 107% 104%
12 94 15-16, 109 %|109% io;v 104%

"

13 94*
109% 109% 107% 101*
14 94 11-16 x6%,109%, wv*; 104%
11-16 ios* ion* 107% 104*
16 94%
108%! 109% :o;% 104%
17
IS....
18 94 7-ie 106% 109* 107% 104*

Open.

1594

a....

106

8~

MX

(

.Sg-{H96%
( L 93

Date.

110% 110% 1P8% 105^f
108
101% 105* 102%

Thursday...
Friday
Saturday

Sunday

10
11

Monday

10

101% 105
Tuesday
12il04% una 105%
Wednesday.. .13 105 10t% 105*
Thursday
14 105
105
105*
1115
Friday
15 105
105%
Saturuay
16 105
105%
103

Sunday

104%
105

105%
105
105

105%

'•

17

Monday

18 105% 105% 105% 195%
Tuesday
19 105% 105* 103* 105%
Wednesday... 20 105% 105%. '-05% :06%
"
Thursday
21 105*
105'-, 105%
5%
1

.

li

22 I0'i% 105%ll05% 105%
1

..

23 105% 105% U'5% 105%
24

The following

"
"

"
"
"

table will

"
"
"
'•

"

1875..
1874..
1873.
1872..
1871..
1870..
1863..
1868..
1867

pref.

'77.

105*
1U5%
105%
105*
105%

105%

106% 104% *.06% 105%
112% 111% 113
112%
116% 16% 117% 117

no*

117%I115

1863

"
1862
Since Jan. 1,

12
2
89
94
98

.

Pacific of Missouri

Panama

F.W.& Chic, guar
Rensselaer & Saratoga.
St. L. Iron Mt. & South.
St. Louis Kans. C. & N.
Pitts.

.

do
do
Union Pacific

pref.

American Dist. Tel
Pacific Tel.

.

.

Western Union Tel
American Coal

do

American Express
United States Express
Wells Fargo Express
Del. & Hud. Canal
Canton

.

4
25
65

93
153

S

5%

7

7

20
20

20

20

21%

63%

66
40
24
10

19%
60%

i

112*|lll
118% 1115%

114% 118
111% 111%
114% 110%
138% 136*
139% :39%
133 -, 186%
140% 137%
138
135*

114% 113%
113% 113
114% 111%
139% 137%
111% 140%
13<%
!67* '•53%
'47%

141

191

850

847%

19 i

m%

146% 140% 148% 141*
101% 103* '0'* 109
107% 104* 1(.7% 105 >£

show the opening,

2%

2%
6%

5%

93%
93
6

90
5

40
24

10

10

%

20%
23%
20%
63%
26"

18%
1^%

26'

%

19

22
20

56%

57%

22"'

9%

10
125

10
125

126

22"
10
125
1

1

1

2

2%

1%

2%

21%

20%

20%

15

14

14

95

22
96

47*

81%
92%
43%

22
95

46%
40
90
33

47
96

39;-,

84

45%
42%
96%

37%

25%

£3%

20%
15% 15%
22% 23%
98% 100*

20%
14%
22%
95%
46*

20%
14%
21%

83

40
81

50%

85%

36%

20

20

20

10

19%

2%

20%
18*
13%

69%

20%
14%
22

20%
66%

22

'i'%

95%
45%

8%

20%
63%

22
69
2

63

40
24

90
5

3%

5%

4%

47
20

90%
149%

98

2%

83%

%

88*
149

93%

4%

54 vi
42
84

61

127%

94*
81%

5%
5%

27
69

20

53
40

.

152%

5%
5%

-20

'o"

127%

95
100

4%

2%

20V,

pref
Express...

Adams

94
98

20%

4

prf
Ontario Silver Mining..
Quicksilver

127%

97

2%

L.&M

127%

96%

195<

do

5%

5%
51%

2

2

23%

10

40%

5%
69 «

%

22%

40
24

Consolidation Coal
Maryland Coal
Pennsylvania Coal

Mariposa

58%
69
5

5

PaciflcMail

&

5%
6%

65%

Wabash receipts
.Miscellaneous.
Atlantic

97
100

47%
37*

5%

12

98%

5
4
25

53%

66%

4%

12

2

48

48%

90

152%

4%

6%
12

55%

43%

%

83%
147

BANKERS' STERLING EXCHANGE FOB JUNE,

1

June
"

2. .4.87
4. 4.87
6. .4.87
6. .4. 67
7. .4.87
8. .4. 87
9. 4.87

4.89%@4.90% Junel7
" 18. 4.87
4.89%@4.90%

©4.

"
"
"
"
"

16. .4.37

TJ. S.

©4.8S

4.89%©4.90S*

27. .4. 87

(,74.88

4.89%@4.90*
4.S9%@4.90%
4.89%@4.90%
4.89%©4.«0%
4.89%@4.90%

Range. ..4. 87

at>s
©4.83
©4.88
©4.88

Treasury Statement.

Currency, Hon. John Jay Knox,
of the

23..4.M-

@4.f8

88

CA4.SS
<T"U ,-s

4.89%@4.90%
4.89%@4.90*
4.89%@4.90%
4.89%@4.90*
4.8P%@4.90%
4.89%®4.90*

©4.88
©4.88
©4.88
28. 4.87 ©4.88
23.. 4. 87 ©4.58
3D. .4.87 ©4. Si

4.S9%@4.90%
4.89%@4.90%
4.83%@4.90%
4.8»%©4.S0%
4.89%®4.90%

©4.88

4.89%@4.90%

25. .4.87
26!. 4. 87

10
11. .4.87
12.. 4. 87
13. .4.87
14. .4. 87
15.. 4. 87

©4.88
©4.85

©4.83

©4

3 days.

S.
©4.S-8

19. .4.87
20.. 4. 87
21.. 4. 87
22. .4.87

4.89%@4.90*
4.89%@4.90%
4.S9%@4.90%
4.6M%@4.90%
4.89%@4.90*
4.89%@4.90%

©4.88
©4.88
©4.83

1877.

60 days.

8 days.

60 days.
1.. 4. 87 ©4.

—From
we have

4

89%@4.90%

the Comptroller of the
the following statement

currency movements and Treasury balances for three

months past:

Legal Tender Notes.
Deposited in Treasury under act of June

105% 105% 105*
105% 105* 105%
103
105
105%
105% 105% 105*
105* 105% 105%
105% 105% 105%

ii8!%

1866.
1865.
1864,

4%

Mississippi

do

53

14%
23%
138

May.

June.

$4,791,800
5,111,800
340,415.100
18,889,000

$4,953,050
6,654,550
338,718,600
18,857,000

—

A

Be

O
106* 105% iwx 105% Monday
25
2 105% 105% 106
105% Tuesday
26
Wednesday... 87
105% 105% 105% 105% Thursday. ...23
105% 105% 105% 105K Friday
29
105?i 105% 101% 105% Saturday ... .80
105 r. 105* 105% 105*
8 105% 105 'i 105% 105% June, 1877..,
It 105% 105% 105'
105%
1876..

Wednesday.

&

141%

5

%

%

96%
152%

'5%

'6%

141

77.5. Bonds held <» security from NaVl B'ks.— "April.
$5,655,500
ltouds for circulation deposited
5,461,000
Bonds for circulation withdrawn
840.732, 100
Total held for circulation
depo.-its
held
as
security
for
18,864,000
Bonds

1877.

Date.

Friday...
Saturday
Sunday... .
Monday...
Tuesday....

Ohio

.

COURSE OF GOLD IN JUNE,

Friday
Saturday.

109% 107% 101%
li)7% 104%
108* 107% 104%
109* 107% 105
109% 108* 105*
109* 108* 105M

94%
109% 108V 107% 103*
Highest 94 15-16109% 109* M8K 105%
Lowest 93 13-16,106
108 *i 107% 103*
Closing 94 1-16 106% 109* 108% 105%

106% 109% :o7% 104% l=c£

19191%

106%
lOnM
106M
1UH*
106*

%

133

75%

%

41%

66%
130*

66
123

1»%
43%
90%

107

AT LONDON IN JUNE.

for

. .

N. Y. Cent. & Hud. Itiv. 93%
N. V. N. Haven <Ss Hart. 147

122%
103% 108% 122%
10S% 106% 121
108% 103% 122%

107

94%x
94%

4 94
8 «4 7-16 109)*ll08%
6 94 7-ie- 109% [109
7 94 7-16 109%i 109
8 94 9-16 ilO9%!l09
9 94 11-16109% 109

Sunday

122%

[Consols U.S.

1

1(M0

Money.! 1867.

June

U.

....

New Jersey
New Jersey Southern..

4%

5

78%

19%
51%
19%
44%
92%

18

47%

11%
22*
136%

53%

46%

4%

30%

15

£0

72
133

72%

40%

'6%

41%

.

22

84%
1%

28%

50%

82

100*
98*

24

12

141

62%

84%

23%

2

Nashville.

95%

6%

48%

&

101

12

2

Louisville

99

24%

47%

Michigan Central
Mo. Kansas & Texas
Morris & Essex

101

6%
137

59%

75%

10%
21%

2

107% ....
107% ....
1U7% ....
....122%
107% ....
107% ....

108%

7%
14
26
144

82%

24
1

51%

107% 107%
..
107% 107% 122%
107% .... 123%
108
108% ....
.... 108%
....
106% 108% ....

.

22
133

6

21%
47%
92%

39%

2

106% 106% ....
!0'X -•
107% 107% 121%
107% 107% 122%
197% .... 122
107% 107% 122
107%
107%
107%
107%
10;%
107%

10%

.

pref.

38%
42%

50%

S

8
4

7%
Joseph.

1%

2

55%

1877.

106%

....

.

93

Central

,

111% 112% 110%

....

&

48

Clos.

7%

7%

21%
51%
21*
4S%
93%

49

Kansas Pacific
Lake Shore & Mich. So.

10-408
,-5-208, Coupon^
r-5s, 1831^ ,-4*s,'91-^ 6s,
,-68, 18SI
reg. coup. '65n. 1867. 1868. reg. coup. reg. coup. reg. coup. cur.
111
107 Xl07 xl22%
.... 113
liaSi 111
110
113
xlluv 115

110% 115

.

do

Illinois

governed almost entirely by the bond movement toward this
country, and the demand for bills came largely from the bankers
handling bonds, who were also the shippers of coin.

—

&

100%
99%
18*

106
100

61%
24*
60%
95%

Hannibal

—

77%

•

102%
20%

Erie

,

106

77
106
99

48%
20%
44%
90%

year.

.

91%

106

pref...

pref.
do
Chicago & Northwest ...
pref.
do

strongest issues.

—

9%

91%

60
7
80

73
7

6%

-Jnne.High. Low.
62* 53

Open.

Clos.

72

73

9%

Jersey..

Alton

High. Low.

Chicago Burl. & Quincy 101%
Chicago Mil. <fc St. Paul. 18*

In city bonds and the best classes of railroad bonds the tendency of prices was towards increased firmness, while railroad
stocks of all sorts were generally depressed under reports of
decreased earnings and a smaller volume of tonnage than last

CLOSING PRICES OF GOVEBNMENT SECURITIES IN JUNE,

New

Central of

Chicago

funded 5s of 1881 and the 4i per

XXV.

highest, lowest

and closing prices of railway and miscellaneous stocks at the
Now York Stock Exchange during the months of May and June

20,

644,240

1,425,100

14,327,552
1.081,824

361,412,580

13,93S,802
648,248
22.285,663
359,764,332

1,428,930

1,352,580
1,739,105
317,661,092
1,432,120

810,310
2,121,410
315,020,247
1,428,625

8,°89,000
6,145,000
917,rO0
527,000
£01,000
4,134,000

10.111,000
8,307.000
1,428,000
159,000
197,000
5,930,000

10,500,000
8,300,000
1,000.000
65,000
237,030
7,787,000

$20,976,000

$26,182,000

$27,829,000

105,439,741
8,895,146

10M37,0?8
7,513,615

115,122,473
7,930,27*

7,762,271
45,407,500

7,953,226
41,571,300

536,959

1874

Total now on deposit, Including liquidating
15,384,418
banks....
1,161,800
Retired under act of January 14, 1875
50,503,596
Total retired under that act to date
Total amount of greenbacks outstanding. 36:,494,4Q1
.

National

Sank

Circulation.

21,587,4;'0

—

New circulation issued

1,453.250

Circulation retired
1,415,491
Total circulation outstanding -Currencv... 318,864.667

Gold
Notes received for redemption from—

NewTork
Boston
Philadelphia
Cincinnati

Chicago
Miscellaneous
Total

—

Treasury Movements.
Balance in Treasury— Coin
Currency
Currency held for

re-

demption of fractional currency

Com

certificates

outstanding

49,712,700

JULY

THE CHRONICLE'

7, 1877. J

THE DEBT STATEMENT FOR JUNE,

IMPORTS AND EXPORTS FOR MAT,

1S77.

is

the

official

during the month of Mar, 1877
Customs

Debt bearing Interest In Coin.

Character of Issne.

14,

Feb.

8,

1 Still

March 2,
July&A.
March .1,
March 3,
March 3,
5-aOo of 1865.
5-Sf s of 1865, new. March 8,
March 3,
5-20eof 1867

1-81
1881
1881
1904
1888

6a,
6s.

* J.
& J.
& J.
& J.
& J.
M. & S.«
M. & N.
J.
J.
J. & J.
J. & J.

1874

War

i8-r>

<fc

1887
1883
1881

March 3,
6a,5-20sof 1868
it. Funded Loan, 1881 July 14,
July 14,
1891
do.
4*B,
1901 Julv 14.
do.
4s,

Q.— F.
CJ.-M.

1891
1901

Coupon

13,815,000

4,600.000
945,000
63,OS3,&')0

219,135,550
90,619,500

21,422,600
52,555,850
18,601.200
133.088.500
118,781,0
21,808,COO
289.804,700
49,350,500

$830,89ii.CO3

$867.492,500

!.-,.i;<;.-..ino

Bath. Me. ..
Beaiifort.NC
Beaufort, SC

ButrCrk,

NY

Bnrl'ton,

NJ

CVlnc't.NV

Chmprn.NY

Detroit,

Debt on Which Interest Has Ceased Since maturity.
There is a total amount of over-dne debt yet outstanding, which has neve r
been presented for payment, of $16,648,860 principal and $163,973 interest. Of
this amount, $15, 805,250 are on the " called'' five-twenties.

Debt Bearing no Interest.
Acts.

Feb.
Legal-tender notes ...< July
Mar.

25,

\

17,

Fractional currency.

June

30,

-<

Prior to 1869 $22,489.98:!
8erics of 1869 181,192,683
Series of 1874
53,01^,812
Series of 1875 101,981,454

8, '72.

<m

3, '68

Mar.

.;

tH

i

FlTBt....

4,-01.1 H'

Second

S,114,1M

Third...

3,038,125
4,811,055
6,120,695

Fourth.

3, '63.

Aggregate of debt bearing no interest

143,016

M'h

90,163
3,577

....

Fernandina.

14

9,872

F. Bay, Me.
Galvest'n, T

10,433

Geuesee.NY

23,897

783,253
57,770

W

Amonnt
Outstanding,

Interest.

in Coin-

Bonds at 6 per cent
Bonds at 5 per cent
Bonds at 4X per cent
Bonds at 4 per cent

The
J

M.

11,404

5,726

....

John's, F..
Mark's, F..
Mary's, Ga

73,«u7

18,062

Vermont, Vt.
80 Vicksb'gMiss

1,3

377
45
10

472
271,812

21,197
4,202

61.776
2:2,884

.

5,034

following are the totals for the

Debt on which Int. iias ceased since Maturity,
Debt bearing no Interest—
Old demand and legal tender notes

14,000,000
16,648,860

18,361

$40,501,221

June

.

1

|

in

the Treasury—

Coin
Currency
Currency held for the redemption of fractional currency
Special deposit held for redemption of certificates of deposit
as provided by law
Total
Debt, less amount in the Treasury, June
Debt, less amount in the Treasury, May

Mos.
ended

11

May

31.

$43,8(5,851 $547,569,201
923,953
11,857,423

Foreign
..

Mos.
ended

11

May

31.
$41,043",831 $4sO,'J59,150

1,211,148

13,389,283

$14,759,809 $559,156,627 $42,3:5,029 $494,348,433
81,739.591 426.809,439
45,404,614 402,997,159

$13,850,757
898,648

$49,1S5,9H9
39.223,344

$4,575,438

$67,518,994

$3,937,07
284.27

$44,920,245
5,338,621

$9,171,354
705,686

$50,258,866
14,688,887

»

Excess of exports over Imports $12,957,114 $9,912,625 $8,465,468 $35,570,479
Excess of imports over exports
Total Merchandise and Specie.
Exports— Domestic
$55,264,092 $585,145,812 $49,980,958 $525,879,395
16.722,904
28,416,184
1,505,425
Foreign
8,846,174

1,
1,

1877
1877

2,.160,158,2".8

2,063,377,342

$3,219,119
8J.281.121

Total

Imports

$58,610,516 $606,512,596 $51,486,3^8 $544,602,299
33,445,477 441,498,898
46,298,257 442,220,503

Excess of exports over imports $12,312,3 J9 $166,372,093 $18,040,906 $103,109,473
Excess of imports over exports

PaclAc Railroad Companies, Interest
Poor's Manual of Railboads.— We are indebted to the
Payable In Lawful money.
Publishers, Messrs. H. V. & H. W. Poor, for the new volume of
This book hns now become such s
Poor's Manual for 1877-78.
Interest
Interest Balance of

Union Pacific.

Bioux City and Pacific

Amonnt
paid by
repaid by
putsland'g. United St's tr'nsp't'n.

Int. paid
by U. S.

$25,685,120 $13,851 ,85s $2,r65,824 $11,292,034
6,303,000
8.671,168
1,531,680
2,189,433
27.216,512
14,835,610
4,737,041
9,548,569
1,600,000
955,808
58,498
667,3*9
1,170,560
699,730
9,367
890,3ns
1,828,320
829,252
62,576
l

$64,828,512 $34,018,923 $8,514,489

The

of

Mav.

to the

Character of Issae.

Central Branch,

54,960,000

Total

Imports

Month

*180,0J5.9<0

Decrease of debt during the past month.
Decrease of debt slnco June 80, 1876

Bonds Issued

115.122,473
7,980.271
7,918,2:3

May:

27, 1817.

$150,459,468
Excess of exports over imports $
644,805
Excess of imports over exports
Gold <ft Sitter (coin <t bullion).
Exports— Domestic
$11,428,541 $37,576,608
Foreign
2,422,216
11,569,861

Awm-NT

....
....
....

is:

May.

Exports— Domestic
Total

$10,682,791

194.976
8,522

Foreign exp'ts... $923,953

Imports

2,246,184,183

....
....
....
....
....

....

of

54,960,00:
50,403,13'

Total
$2,205,801,312
Total debt, principal and interest, to date, Including interest due
not presented for payment...

not rep.

1,368
1,170

41,572,600

7,591

112,259

...
....
....
...»
...•

399

Certificates of deposit
Fractional currency.

Unclaimed interest

U3

808,

..

.-.»

69.484
2,900

values.]

of

Merchandise.

$476,764,031

3,245

2,153

Certificates of gold deposited

Total debt bearing no interest

.

9,497

Comparative statement of the impDrts and exports of the
United States for the month ended May 31, 1877, and for the
eleven months ended the same, compared with like data for the
corresponding period of the year immediately preceding:
[specie

$859,828,294

.

...

month

|

Corrected to

210,000
163,973

....
....

.

Imports. ..$43,404,614 Domestic exports. $16,793,852
Specie value of domestic exports, 8 13, S3 "',351.

Month

Money—

.

Yorktown.Va

,

$1,697,833,500

11,240
69,821
4,838
10,456
895.090
127,299

900

Wal'boro, Me
Willamette.O.
Wilm'ton. NC
Wiscasset, Me
York, Me

6,003

12,749

....
1.8 ; 2

Oregon, Or
Aug'tine.F

Stonington Ct
Snperior,Mich
Tap'nock, Va
Teche, La. ..

18,794
6,217

....

66,852
206,061

••.

S.Francisco.C
Savannah, Ga
St
St
St
250 St

-..

136

....

12,978
8.654
3,615
2,547.463
952

S.

9,848

$854,621,850
701,266.650
140,000,000

Total debt bearing interest in coin
Debt bearing Interest in Lawful
Navy pension fund at 3 per cent

•

Me

Harbor, NY
Salem, Mass..
Salurla, Tex..
San Diego, Cal

Sandusky, O.

M

Miu'sot'i,

314,983
1,076
16,053
4,664

NH

trie

S.

Sit

Machias, Me
Mar'head,
Miami, Ohio
Mic'gun, Mh

405,137
572.600

Ms

WT

Saco,

2,0-52

C
Ms

3,188,222
B.000
180,124

Sound,
Richmond, Va

4,050

....
....
....

•

2,278,784

2,7e9 Pt.

7,418

no

UDJM

Providence. RI
240,891
8,3ol

..

94<

118,067

971
231

Portland, Me..

Erie, Pa....
Fairfield. Ct
F. Kiv. Mass

M'town, Ct.
Milwank,

Recapitulation.

54
7,881

5,309,283

P.Amboy, NJ.

Po'mnuta,

...

. .

Petersburg, Va
Philadelphia..

188 Plymouth.

1,986

KIIar.NJ
Huron, Mich 120,005
Enbunk, Me
Key West, F not rep.
L E liar, NJ

960,000

7,5'J*

•

29.390

29.1 17

Pensacola, F..

18,336

Glon^ter,

359, 764,352

$476,764,031

Unclaimed interest

Dkbt bearing Interest

229,160
921,471

George'n.8

Total.

51,

Fifth...

Coin certificates

Amount.

$63,363

3,

July
Mar.

157,517
30

(it

11,

June

.

IS8UCS.

12,

Certificates of deposit.

71,036

•

1,859
1,899

1,434
8,841
37,449

P'quoddy, Mo
P. River, Miss

Goorge'n.DC

Authorizing

Old demand notes

38,152

O
D

Cuyahoga,
Delaware,

EastDist,Md
Edgurt'n.Ms

17.

tojm

778,347

DuLath, Mn
Dunkirk NY

July
Feb.

NCT

Pamlico,
P del Norte,

119,584

20,503

Principal. Interest

Character of Issue.

990
162,740

Castine, Me.

Charlstn, 8C
Ch'stone, Va
Chicago, III.
Corpus Chris

pension, Act July 2V68, Int. appl'donlyto pens'ns '$14,000.000 $210,000

i

La

Orleans,

....

...

.

805
120
55.053
160,676
77.727
1,005,977

Nburyport.Ms

N

*..

,...

Nw Haven, Ct
N London, Ct

6,429

4,049

•

N Bedford, Ms
11,471

887,716

5,488

.

Debt Bearing Interest In Lawful money*
Navy

Mobile, Ala...

Newport, K.I.
New York, NY 28.477,867 22,225,i85
124
84,134
Niagara, N.Y.
»50
Belfast, Me.
6«9
138,277
1,981
Boston, Ms.. 6,139,667 3,410,026 79,628 Norfolk, Va.
140,385
341
Brazos, Tex
134,319 44,779 Oregon. Or.
76,114
O'gatchle, NY
Bridget'nNI
88.831
63,775
Oswego, NY..
214,4:2
197.976
Br'l&W'n RI

The Blzes or denominations of each Issue of bonds are as follows: (a) Coupon
$1,000, registered *5,000. (o) coupon $1,000, registered $1,000, $5,000, $10,000.
(d) coupon, $50. $100, $500 and $1,000, registered, same
(c) $50, $100 and $500.
and also $5,000 and $10,000.
* Coupons of $50 and $100 bonds are paid annnally in March.
On the above issues of bonds, there is a total of $7,255,018 of Interest over-due
and not yet called for. The total current accrued interest to date is $33,246,172.

3s,

Imports Domestic For'n.
1
$
|

Montana, Ac.
Nantncket,M«
Natchez, MIsb
Newark. NJ.

839

Exports.—

.

Customs
Districts.

$

Aroost'k.Me
4,694
Baltimore.. 3,421,158 3,156,928
Bangor, Me.
80,035
861
B'stable, M's

Brunsw'kGa

Aggregate of debt bearing interest In coin

f

An'polls, Md
Ap'chcola, F

$260,000

126,238,000
53.777,400
142,010,450
1.3S6.700
69,568,550
97,889,750

rts

Dom'tic For'n

$

Alaska, A.T.
Al'mrlc, NC.
Al'xdria.Va.

Bonds Outstanding.
Registered.

Juno

5»of 1858
Ssof 1881
(a, Oregon
6»of 1881
6»of 1881
5a,HM0'i
6«,

Interest

Periods

— Expo

,

Import;

Districts.

Anth'rlzlng
Act.

1877.

Statement, by Customs Districts, showing; the values of merchandise imported into, and exported from, the United States

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. 1877

The following

tmjm.*u

Pacific Railroad bonds are all issued nnder the acts of July 1. 1862, and
Jnly2, 1864; they are registered bonds in the denominations of $1,000, *5,tX)0
and $10,000; bear 6 per cent interest in currency, payable January 1 and July 1,
and mature 30 years from their date.

standard publication that it needs no introduction to our readers,
and it is only necessary to say that the volume appears larger
and fuller than any of its predecessors, and the introductory
matter and general statistics, from which we have already quoted
at some length in the Chronicle, occupy no less than 51 pages.
Mr. Edmund D. Randolph, lately appointed Cashier, has
now been nnanimously elected President of the Continental
National Bank, in place of Mr. Charles Bard, resigned. Mr.
Bard continues as Director of the Continental National Bank,
and, by request, as Chairman of the Finance Committee, while
the bank is fortunate in securing a man of the experience and
high standing ot Mr. Randolph as its President.

—

THE CHRONICLE

8
tateat iflottetarg ano floinmerctal

BATES OF

EVCHWUB AT LONDON AND
JUNE

a

ON LONDON

AT LATEST DATES.

EXCHANGE AT LONDON-

Ne m

ffitgltgl)

1871.

1873.

Bank-rate
6p. c.
Consols
92Ji
English wheat.av. price 58s. lOd.
Mid. Upland cotton.... 8 15-16d.

2x

1375.
p. c.
93j;
429. 3d.

60s. Sa.

7#d.

8Jid.
is. 05£d.
97.705,000

Is. Od.
95,770.000

There has been scarcely any demand for gold

ON—

TIMS.

Amsterdam

. .

3

LATEST
DATE.

RATE.

months.
**

TIME.

!*.8xai2.4y

short

M

thorl.

Paris

...

Berlin

Frankfort

«8.8SJi5li5ST«
12.90 ©12.95
20.65 ©20.69
20.64 ©20.69
34y.@2sy,

"

....

St. Petersburg

"

4iH@n%

90 days.
3 mod.

Milan

....

June

16.

10.

3 mos.
60 days.
90 days.

1.

90 days.

Jiine22

May

May

•••'.

May

.

Bombay

30 days.

Kong...

8
Vs. 8
1«.

9-16© & -J.
9-16© y,d.

June
June
Jnne
June

....
.

•

.

47.70
4.83

23*@23"i

42&©«X

6 mos.

1». 8 13-16<i.

"

21.

"

16.
16.

Is.

8 13-lBi.

fc

4s. 0ii<i.
6*. 4%d.

"

.

Alexandria

June

SO.

1

3

mos.

97/,

IFrom our own correspondent.1
London. Saturday, June 23, 1877.
The money market has continued to rule extremely quiet, and
the rates of discount have had a downward tendency. It was

expected in a few quarters that the directors of the Bank of
England might possibly reduce their minimum rate of discount,
and the Bank return published this week would certainly have
justified a fall of one half perct., but no alteration has been made.
The statement is very satisfactory the total reserve has been
;

augmented by as much as £1,177,738, the circulation of notes and
Bank post-bills having been diminished by £336,096, while

the supply of bullion has been augmented by £854,368. In the
total of "other securities" there has been a decrease of
£318,822.
showing that the demand for money has been very moderate,
though it may be mentioned that the item still figures for
£18,444,770, against £16,901,002 last year, being an increase
of
about £1,500,000. Although the demand for money is at a low

some improvement apparent compared with twelve
months since. Last summer, owing to the fact that enterprise and
trade had fallen to the almost lowest ebb, there was scarcely
any
demand. The rate was only fifteen shillings to one pound
per
cent per annum, and the proportion of reserve to liabilities
increased to 6311 per cent. No such strong position is
expected
point, there is

;

nor

is

it

desirable, as

it

for export
rate

during

per cent,

1

military expenditure,

and the with-

only points to the conclusion

that there

If

the Liberals of this country

want a policy, it should be to agitate abroad for the reduction
of armaments, and the brotherhood of workingmen should aid
their brethern abroad to release themselves from the oppression
which vast armies necessitate. The work would be one of great
difficulty, but there can be no peace or prosperity in Europe as
long as the present unfortunate state of things lasts.
The Banks of Calcutta and Bombay have reduced their rates
of discount to the extent of 2 per cent, and the quotation is now 7
per cent

The

silver

the price of fine bars

market has,
is

now

in consequence, been dull,

53Jd. per ounce.

and
Mexican dollars

have realized 54id. per ounce.

The following
cities

are the current rates of discount at the leading

abroad:

Bank Open

Bank

rate, market.
per cent, percent.

of

this year

The heavy

great anxieties about the future.

S3@24

5.

21.

lOd.
06,134.000

Germans and Frenchmen cease to oppress themselves. Europe
was never perhaps in a more unsettled state than it is at the
present time, and as long as there is so much of the menacing
attitude assumed by each nation, there must of necessity be

-

«%®46&

••••

Valparaiso

Hong

3 mos.

2S.12HS28.22X

Bio de Janeiro
Bahia
Baenos Ayres..

Fernambuco

16.

6!4d.

drawal of so large a force from industrial and agricultural pursuits are impoverishing the country, and, notwithstanding it]
vast military successes, the process is undoubtedly one of
retrogression rather than of advancement. The same may be
said in a minor degree of France, and perhaps a day will come
when a revolution will overthrow these standing armies and

2S.12>s@2S.2i.Hf
28.li!V5®28.a2

"

New York

satisfactory.

126.00
20.46
20.46
25 23-32

June

its

M%

6i>. Id.

official figures.

51 13-'.6@I5-16

"

Naoles

3 mos.
ehort.

of Berlin has reduced

lid.

95.095.000

1877.
3 p. c.

the open market rates having for a long period been under the
The accounts from Germany are by no means

12.08
25 22
20.34
25.19

"
3 mos.

25.S7*©25.42,X
20.65 ©20.69

The Bank

the week.

SATE.

1876.
2 p. c.
9ty,
47s. lid.
6 3-!6d.

3*

p. c.

92^

No.40s, mule twist fair
2d quality
Is. 2d.
Clearing House return 97.459,000

EXCHANGE ON LONDON.

22.

[Vol XXV.

Paris

2

Amsterdam
Hamburg

1J4

3

2&©2X

4

Berlin

4

3
Sif

Frankfort
ViennaandTrieste....
Madrid, Cadizand Barcelona
Lisbon and Oporto..
8t. Petersburg

4

3®3>i

4%

4@4X

6
6
6

Open

rate, market
per cent, per cent.

Brussels
Turin, Florence

Rome
Leipzig

Genoa
Geneva
New York

8

2*

2*

5
4
5

SH
4*

and

4

4

4

• •

Stf®]*

Calcutta

Copenhagen

5

4X

iif

6©7
The weekly sale of India Council bills was held at the Bank of
England on Wednesday, and the rate obtained was the same as
in the previous week, viz., Is. 8 9-16d. the rupee.
£265,000 were
I

£150,716 to Calcutta, £100,000 to Bombay, and
£14,284 to Madras,
allotted, viz.,

An

extraordinary meeting of the Anglo-American Telegraph
will be held on the 26th inst., to consider the terms of

Company

is a great want of enterprise, and that
trade is slack.
Assuming, however, that the war continues to be localized,
the

amalgamation with the Direct United States Telegraph CompanySeveral shareholders in the latter company are dissatisfied with
Bank is likely to gain strength during the next six week's, as
the terms, but the probability is that they will be in a minority,
money will be flowing in from various quarters, while, as usual
as the Anglo-American interests will be too powerful for them.
during the summer months, trade will be on a limited
scale
The following are the terms of the proposed agreement:
The proportion of reserve to liabilities has increased this week
to
"(a) A division of the actual receipts of the two companies for
nearly 47 per cent, and it is more than probable that
before the Atlantic traffic (after deducting payments due to other lines), in
autumn trade sets in it will reach a point which will give confi- the proportion of 75 per cent to the Ansrlo-American, and 25 per
cent to the Direct Company, (b) Variation of these proportions iu
dence, and which should, if political events permitted,
afford a
the event of either company's cables being interrupted for more
stimulus to trade. The rates for money are as follows
than twelve months, and a power to either company to determine
Percent. Open-market rates:
p er .,.,
_
,_
the agreement after thirty consecutive months' interruption by
Bank rate.
3
4 mouths' bank bills....
2V*"
n
a
6 months' bank bills ..
^? traf eb»;,u
°Sn '^
»2«K six months' notice, (c) An allowance to the Anglo. American
nd
4aad 6mootlia tradebllu ****' Company out, of the Direct Company's proportion of the joint
fmo n sn1^;. ! '::::;:::
receipts at the rate of £10,000 per annum, to be payable while
The rates of interest allowed by the joint-stock banks and
dis- the Anglo-American Company have two or more Atlantic cables
count houses for deposits are subjoined:
in working order, (d) The agreement is proposed to take effect as
from 1st May, 1877, and to continue for fifty years, subject to
6r
Joint-stock banks
^ ^ent determination by either company at the end of the first twenty,
Discount houses at call
..."
S ji|
|

|

*K

t

'

-

!

'

Dlscoant houses with 7 days' notice!!.."
Discount houses with 14 days' notice

\vrk
!'.'.'.!'.'.'.'.'.'.'.'.'.'.'".'.'.'.'.'.'.!

""

2k@""'

Annexed is astatement showing the present position of th»Bauk
of England, the Bank rate of discount, the price of
Consols,
the average quotation for English wheat, the
.price of Middling
Upland cotton, of No. 40's Mule twist, fair second
quality,
and the Bankers' Clearing House return, compared
with tbe
four previous years
|

Circulation-including

PnKl^^
C
P
r

1

.!!"
tS
-~',V~
.?l -

8

7\7C"~r~
^i'. deposits...
Al
Other

Government securities.
Other securities
Reserve of notes and

com

Coin and bullion 1c
both departments...
Proportion

of
to liabilities

reserve

*£*

%*

W.MBJ56

88,250.855
8.718.385
8.7.8.385

ii,oH,im
».«2,270
16,487,312
18,893,(84
Jl,'85s'717

••-—-

17.722,42:)

1S.8S9.891
17,123.i26

:8 ™-

1877.

47,300710

27.663.125
b,l'«.'81

18 5 '

J

£

27.377,105
7.*>4,073
22,847 21)1

28 621

li/JMifis

U.iiiMl

SlKtt?!
JSTlMlSs

21,185,592

16,901,002

18,444,:70

RWSWl

W

five years."

The stock markets have been remarkable for the very limited
amount of business in progress in them. Investments have been
few k and, owing to the uncertainties of the political future, specu
lators

very narrow limits. News in
is awaited witbmore than
ordinary interest. War has now been declared more than two
months, and it was expected that the arrival of the Czar at Ployesti would have been the signal for the attempt to be made.
hear, however, of little else but cannonading, and only to-day
has the news been received that a pontoon bridge has been con-

11,990,740

13,074.740

13,071,803

17,474,443

9,150

25,150,078

29,480,613

14,209,534
56,015,824

-

55 73p.c.

46'93p.c.

tlieir risks to

Danube

We

structed at Ibrailai.

No

doubt, the Russians desire to strike hard
and this may be the cause of the
delay; but valuable time is being lost, and a great deal of hard
fighting has yet to be accomplished.
The Turk is no enemy to

when

22,270,010

have reduced

reference to the crossing of the

their plans are matured,

be despised, and were the soldiers to be better officered, a Russian

July

7,

THE CHRONICLE

1877.

conquest would be very doubtful. As yet, tbere hue been do
real fighting in Europe, and the protracted delay causes some
surprise.
Fine weather and cheap money have had a good effect
upon the stock markets, and have prevented any important fall
in prices; but this

is

the only support afforded.

The weathor has been very hot, and the growing crops have,
in consequence, made rapid progress.
The prospect of a satisfactory harvest, both here and abroad, has caused the trade to rule
dull, and holders have had to submit to a further reduction in

9

Commercial cmo iflteceUatieous Necos.
Imports and Exports for thb Wbkk.— The imoorti this
week show a decrease in dry goods and an increase in general merchandise. The total imports amount to $8,220,740 this week,
against f 8,184,258 last week, and $8,297,910 the previous week!
The exports amount to $4,439,212 this week, against $5,711,029

week, and *4,830,173 the previous week. The exports of
week were 1,185 bales, against 8,128 bales last
week. The following are the imports at New York for week
ending (for dry goods) June 28, and for the week ending (for
general merchandise) June 29 :
FOREIGN IMPORTS AT NEW YORK FOB THE WEEK.
last

cotton the past

prices.

The 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 periods in the three previous years:

—

—

1874.

1875.

$1,173,442

$1,251,102

. .

3,93J,Ste8

5,117,083

Total for the week.
Paeviously reported

$5,107,430
211,153,581

$6,368, 1S8
176,717,337

$183,115,525

Dry goods
1875-6.
42,765,850
7,310,918
8,951,886
1,200.164
3.010,427
50,661,291
5,182,078

1876-7.
cwt. 33,076,985
11.291,180
8,Bi7,31l
I,d96,042
3.812.83!
87,376.158
6,540,840

Wheat
Barley
Oat«

Peas
Beans
InilianCorn

Hoar

1874-5.
81,755,728
11.512,431
7,483,964
1,527.401
2,326,613

1873-4.
33,307.256
7,682,014
8,492.357
980,916
3.516,986

13,0.'.0.502

18,912.667
5,333,102

5,498,b00

EXPORTS.

Wheat

cwl.

7J8.371
44,971
84.43 5
21,990
86,348
421,789
38,934

Barley

Oats
Peas

Beans
Indian Corn
Floor

51.981
32,7 6
306.081
34,297
7,816
39,659
20,611

192,711
185,632
69,264
17,839
2,447
41,352
49.886

5,095,863
232.461
85,872
10,528
2,813
115,890
149,850

During the week ended June 16, the sales of English wheat
principal markets of England and Wales amounted

in the 130

to only

In

22,913

against

quarters,

Kingdom

whole

the

35,120

quarters

estimated

is

it

;

Without reckoning the supplies furnished ex-granary,
it is computed that the following quantities of cereal produce
have been placed upon the British markets since harvest
of 1875-6.

1876-7.

1875-6.

33,076,285
5,540,340
31,513,000

42,765,850
5,132,019
32,272,200

31,755,123
6,498,801
42.597.0JO

79^ 30,125

67,308

£0,220.129
772,572

73,861,523
242.60J

74,259,388
2,245,713

.69,362,817
52s. 5d.

79,447,557
46s. lid.

79,608,923
43s. 7<L

72,013,675

1874-5.

cwt.

Total
Exports of wheat and flour

_

Result

Average price of English wheat.

.

$216,261,011

1

1877.

*W,1*8

1,434

7,391,252

$1,185,548
153,493,'il7

$8,220,740
182,961.617

$156,985,195

,$171,185,387

In our report of the dry goods trade will be found the imports

one week later.
is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, for the week ending
July 3:
EXPORTS PROM NEW YORK FOR THE WEEK.
of dry

goods

for

The following

1874.
$7,101,614
1)7.789,033

1875.
$5,218,653
116.533,313

$6,674,501
120.290,599

129,500,298

J141.380.677

$121,751,906

$126,965,103

$133,945,535

Fortheweek
Previously reported....

Since Jan.

quarters, against 1,801,856 quarters and since harvest, 7,272,220
quarters, against 7,447,500 quarters in the corresponding period

Sales of home-grown produce

Since Jan.

1876.
$30!, 114
5, 68

187.1.

1877.

$4,439,242

last year.

they were

that

01,700 quartors, against 140,500 quarters.
Since harvest the
sales in
the 150 principal
markets have been 1,818,055

Imports of wheat
Imports of flour

General merchandise.

1873-4.

1

The following will show the exports of specie from the port of
New York for the week ending June 30, 1877, and also a comparison of the total since Jan. 1 with the corresponding totals
for several previous years
June 27— Str. Algeria
Liverpool
Amer. gold coin.
$600,000
June 28— Str. Wieland
London
Amer. gold bars..
28,000
Mex. silver dols.
35,000
Amer. silver bars.
40,000
Plymouth
Amer. gold coin.
150,000
Paris
Amer.
gold
coin..
40,000
„
June 30—_
Str. Germanic
Liverpool
Amer. silver coin.
5,000
:

.

.

.

M ex.

cwt.
33,307,986
5,338.102
85,614,000

61s. 9d.

June 30— Str. Colon.
June 30— Schr. Nymph
June 30— Str. Rhein

silver coin

.

65,853
8.0CO
10 000
5,340
30,000

..

100,000
1,650

.

.

Amer. silver bars.
Amer. gold coin.

Panama
Belize, Hon
London

Pern, silver coin..

Southampton

Amer. gold bars.
Amer. gold coin..

Bremen

Ger. gold coin,.

Total for the week
Previously reported

$1,105,843
1

9, '.76.833

The

long-talked of Portuguese loan has at length made its
appearance. The nominal amount is £6,500,000 in a 3 per cent
stock at 50. The loan will produce, therefore, a net sum of
rather more than £3,000,000. Messrs. Baring are the agents
in

London, and the Credit Lyonuais will receive subscriptions in
Paris.

BuxlUh Uarket Reports— Per Cable.
The daily closing quotations in the markets of London and Li verpool for the past week have been reported by cable, as shown in
the following summary
London Money and Stock Market.— At a meeting of the
directors of the Bank of England on Thursday, the minimum
rate of d iscou nt was fixed at 2^ per cent. The bullion in
the Bank
has increased £122,000 during the week.

B »t.
Mod.
„„..
Console .for money.. 94 7-16 917-16
,

IT

a «.

,i^C?"S,nX -;^

C..8. 10-40.
ew *"-

"*-••>

09*

*

!°8*

108X
10i*

MX

New4tfs
Liverpool Ootton

Markti.Sae

Liverpool Breadstuff s Market.
Oat.

5Snr

^'

(
.

^

t^

8,* te,

?„

»bbl

2*6

08 ''*" 111

•Red^ln'r

"
In'irwL^i*'(C. White club)... »
"
Cornjn.W. mix.) y quarter
Peas (Canadian) V a uarter
Liverpool Provisions

8me,s

915-16
««5-16

94*

94 9-16

W<

Tues.
26

6*

°

"

°

"

°

6

919-16

nio
'

23
37

12

24
37

6
6

2
3
6

W

Wed.

"

°

"»

12
54
37

Thnr.

"

lt"0

»*'»

2

11

2

3
6

24
37

3
6

12
24
37

•

80
50
31
44

'

°

500
33
to

55

6

6

51

8at.

PsUoffireilnedV.-...,^

Tanow(pr,r^V.:-*cwt.40
Cloverseed(Am.red).. " 45
Spirits turpentine

Mon.

d
I0

1?*

Wed.

Thnr.

Frl.

»
50

°

so*'

so "o

So

6

50
88
43

33
43
51

6

6
6

52

Tues.
5
10

,?*

6°* 40

§*

"SO HI
45

June 21— Str. Atlas

Port-au-Prir.ce... Silver coin....

1976
1875
1874
1S78
1872

500

33
43
51

Wed.

Tnnr.
B

I0

,?„
40
45
24

I*

,?„
40
45
24

S*

»

o'

L

1,

Silver coin ...
Gold coin. ...

200
400

,

1S77

$7,379,061

Same time in—
7.S7I.024
2,501.7*4
2,738,782

1871
1870
1869
1868

755.510

1867

...

Custom
House

1.839.019

Custom House and Sub-

Sub-Treasury.-

,

—>

-Receipts.

Gold

Receipts.

Payments.

.

Currency.

Gold.

$558,539 37

«2.->3.000

$1,489,735 57 $1,228,251 93
1.458.231 20
1,12 J ,375 79 l,t2).w;2 03
1,291,263 98
562,321 46 1,618,796 87

292,000
187,000

d
6

$3,219,930
7.2S2.251
9.671,486
8.97:, 151

transactions for the week at the
Treasury have been as follows:

July

51

V

.

$78,460

The

Currency.
$688,191 84
76i,026 27
898,718 23

Holiday
484,937 36
284,937 71

887,000
132,000

6

83
41

6

.

7,300,601

_

500

6

3,500
8,007
14.3CO
11,080
2,360

Gold coin

John
Ciudad Bolivjr

St.

$5,176,911

3

Tues.

§

"s'o

5
,0

Havana

6

Total
$1,851,000
Balance, June 29
Balance. July 6

Liverpool Produce Market.
Bojin (common)..., cwt..

Silver bars....

Gold dust
Gold coin

.,une26-Str. Clyde

Jnne 30

Mon.
*>

.

4

Market.—
"'

)

SSJi KJ.T
''u'S,
Pork
(W't. mess).
.
W bb<
Bacon (l'g clear mid.)» cwt
Urd (American) ...
Cheese (Am. flnelnew "

47.123,868

.

:

Total since Jan.

%,%
" °

°

15,511,446
S!,350,S25

26,553723

The imports of specie at this port during the same periods have
been as follows
June 55— Str. Tybee
St. Domingo
Silver coin....
$17,393
Go| d coin
2,970
„..
„.
„
June 25— Str. Colon
Aepinwall
Silver coin
t\2O0
Gold coin
8, HO

Same time in—

Frl.

\i\

A... $18,185,566

1869
1868.
1867
1866

28.942.782
28,204.646
39.2P2 456
46,441,084

Total for the week
Previously reported

109*
103*

—
6

6

9l«
94*

l"(<tf
108*
10«
105*
105*
105X
105V4
special report of cotton.

l
l*l
12 2

_. ..$20,582,681

Same time in—
1870

$30,022,112
62.165,429

June 30— Str. Hnntsvllle
June 30— Brig E. Rowe

Frl.

109*

109/,

26

Sat.
(

Thnr.

6

\\H2

12
23
37

Wed.

Mon.

1877

1,

_

Toes.

J09*

109)i

Total since Jan.

Same time in—
1878
1675
1874
1873
1872
1871

1,341.915 13

714.838 93

$4,077,95162 $5,236,818 88

1,416.513 30
787,466 07

1,866 865 44
1,682,703 02

6,055,993 20 $5,898,507 20

48.513,840 64
48.151.947 82

78.349,2*8 51
81.870,232 43

Frl

%
"

*6

Texas Securities.— Messrs.

*„

State 7s,gld
7s,g.30 yrs

40
45

9*41 u*

10s, 1884..
10s, pens..

24

6

45
24

«

108

m%
:

109

S09*

100

l'-'l

103*

104*

6s of 1892.. 193
i With interest.

95

Forster,

Ludlow

Austin 10s.... 98
Dallas 10s

...

&

90

Houston 6's.. ..
8. Ant'io 10s.. 90

Wall St., quote:
G. II. & S. 6s, g. 83 87
H.AT.C.7s,g.lat 87 89
do 8s coo. 2d 65 67W
G.H.&U.7s,£.lst 75 it)

Co., 7

101

20

THE CHRONICLE.

10

RESOURCES.
$11,086,900
Loans and discounts
8,712,300
Other stocks, bonds and mortgages

©alette.

flankers'

&t)e

.

Duefrombanks

NATIONAL BANKS ORGANIZED.
States Comptroller of the Currency furnishes the
following statement of National Banks organizod the past week :

The United

paid in capital. $50,000.

Joel N. Cornish. President;

Authorized to commence business June

,

:

When Books

Per

Closed.
Cent. P'able. (Days inclusive.)

Railroads.
3

On dem

4%

Jniy

a

•July

16

$2 00 July 14 July 6 to Jnly 15
3% July 18
July 13
3^4

llonsatonic, pref. (quar.)

Little Schuylkill BR * Coal
Minehill &'Schuylkill Haven

& Portsmouth
& Chic, gnar. (quar.)
special guar,
do
West Chester & Philadelphia
Banks.
Portland Saco

W.

do

Bank

2

$1 50

Cayuga & Susquehanna
East Mahanoy

Pitts. Ft.

July

8%

Attleboroush Branch
Camden & Burlincton County

(quar.)

3

July

1%
1%

On dem
On dem

4

July lu

of North America

German- American
Globe Fire
Hanover Fire
Hoffman Fire

!

Importers'
Irving

<fc

On dem
On dem
On dem

5
6

Howard
Traders'...

New York Equitable
ReliefFire
Star Fire
United States Fire

On dem
On dem
On dem
July

7%
8

Tbe

.llom-y

10

On dem
On dem
On dem

FRIDAY, JULY

6,

1877-5 P. M.

Market and Financial Situation. —The

occur-

In mercantile and financial circles the main topic discussed at

the opening of the present half-year is in regard to the prospect
for the incoming crops.
The hope of improvement in business

The

5, 1877.

description

is

make good
Wages

that the people engaged in agricultural pursuits will
profits

have

this year, if they obtain a fair average yield.

and transportation is at a minimum, so that the
simple question can a farmer in Illinois or Iowa now raise a
bushel of wheat and lay it down in New York at a fair, and even
large, profit seems to admit only of an affirmative answer.
In the money market there is no perceptible change. Call
loans are easy at 1@2 per cent, and prime commercial paper Bells
readily at 3J@4£ per cent. A noteworthy fact, in connection with
falleD,

—

July

money market,

the movement among some of the heaviest
life insurance companies and savings banks, reducing the rate of
interest on mortgages on property in this State to 6 per cent
the
Mutual Life Insurance Company giving notice that it is lending
at this rate, and that "no legal expenses are charged borrowers
is

—

and Brooklyn " beyond actual disbursements.
of England on Thursday reduced its minimum discount rate from 3 per cent to 2 T
The Bank gained during the
week £122,000 in specie. The Bank of France lost 20,000,000

in this city

July

has

:

5s, 10-408

A Nov
& July. 10*i% «106%
& July. 109% xi06%
& July. 109% *109%
& July. 112%*x09%
& Juiy.«lll% »111%
X112
coup. Jan. & July. »115
reg.. Mar. & Sept. 112% «112%

5s, 10-40S

coup..Mar.&Sept. 112%

*10B%
«]00%
*109%
109*
*111%

66,5-208,1863

*112

.

112%

113% «113
112* 111%
112
111%
108% *10S%
108% 108%
123% *123

reg. .Quar.— Feb.«lll%
funded, 1881
funded, 1881. ..coup. .Quar. —Feb. 112
reg. .Quar.— Feb. *108%
4%s, 189t
coup. .Quar. —Feb. 108%
4%s. 1891
reg.. Jan. <fc July. *122%
6e, Currency
59.

Jnly

Jnly

Jnly
6.

5.

4.

—

.

...May

n. i. ..reg.. Jan.
6s, 5-208, 1865,n.i.. coup. .Jan.
re S .. Jan.
6s,5-20s,1867
coup... an.
6»,5-20s,1867
...reg. .Jan.
58,5-208, 1868.
8s, 5-208, 1865,

Ill

Ill

•111%

112

1063* •106%
106 %
106%

109% •109%
109% 109%
•112%
•112%
112% •112%
113% •113%

>t

4
ao
m

•112

Ul«

;

111%
•108%
•108 %
•123

:

111%
111%
108%
108%

123

was made at the Board.
•This
The range in prices since Jan. 1, 1877, and the amonnt of each
class of bonds outstanding July 1, 1877. were as iollows:
is the price bid;

no

Bale

Amonnt
1, 1877^
Lowest.
Registered
Highest.
110% June U| 114% Jan. 17 $193,830,400
111% Mch. II 115% May 26
107% Feb. 28 111% April 24
1,386,700
69,568,55(1
106% Jnly 5l 111% May 17
109% July
114% May 26
97,589,750
112
July
15.6*5,000
117% Jan. 22
114% Jan. 27 142,010,450
109% Mch.
110% Mch.
114% Feb. 6
109% Mch.
112% Jan 22 219,135,650
April 17
105% Mch.
109
93,649,51)0
109
106% June
May 17
125*4 May 29
61,623.512
121% .Ian.
.—Range since Jan.

—

the

as follows

30.
2.
8.
Int. period.
reg..Jan. &.Tuly. 110% 111* lll)(
*xll% *111%
conp. -Ian. & July. 115

6s,1881
68,1881
Called bonds

5s,

be based, in large measure, upon the expectation

to

securities there

ment bonds. We hear of no large transactions by the foreign
bankers on speculative account, and the business between
this market and London appears to be smaller than usual.
The fiftieth call for five-twenties has been issued, embracing
$10,000,000 of the issue of 1865, new, on which interest will

I

seems

.

:

for business.

affairs

53,900
Inc
Inc . 3,789,300
5,000
Dec.

been a good business doing, the principal feature being the large
number of purchasers of small lots. This indicates a demand
from investors in general and seems to bIiow that the low rates of
interest have not discouraged the public from buying govern-

Jnne

rence of the Fourth of July holiday has made, as usual, a broken

week

23,400

Dec."

:

July

6
5
10
10
5

Kings County Fire

Inc. $1,714,300

184,200
2,700

A committee of the New York Stock Exchange appointed to
examine and report a plan for dealing in government securities
for the account have reported an addition to the by-laws, providing that transactions may be made in government securities for
the account under the following regulations The 15th and laBt
days of each month shall be known as " settling days," and
transactions may be made on any day within those periods for
settlement on those days respectively, and without interest.
Transactions made for tbe account on settling day, unless for
cash, shall be considered as for the next account.
Closing priceB have been as follows

July 10
Jnly 6

10
5
,

$59,113,200

Dec
Dec

11,001 to 17.000; $100, Nos. 18,001 to 29,000; $500, Nos.
Total, *7,O0J,000.
18,001 to 27,000; $1,000, Nos. 41,001 to 52.000. all inclusive.
Keiistered— $50. Nos. 501 to 700; $100, Nos. 4,901 to 6.400; $500, Nos. 4.35
to $57200; $1,000, Nos. 13.601 to 16.500; $5,000, Nos. 4,351 to 5,050; $10,000,
Nos. 3,70! to 4,472, all inclusive. Total, $3,000,000.

On dem
On dem

8
6
5

Firemen's

Dec. $2,918,700
Inc. 1,005,100

Coupon— $50, Nos.

Insurance,
10

$57,398,900

Total

cease October

16

July
July

Manufacturers' Naiional (Brooklyn)
Citizens' Fire
Clinton Fire

'14.600

1,660,200
6,035,600
17,600

$38,168,200
4,717,400
3,005,300
1,614,100
5,400
51,200
1,714.100
9,824,900
12,600

United States Bonds. — In government

recently bees announced

Company.

Real estate
Furnitare and fixtures
Caeh items and bank notes
Specie
Leeal tenders
Overdrafts

Cashier.

28, 1677.

DIVIDENDS.
The following dividends have

8,189,500
1,616,800
5,400

Authorized capital, $50,000;

2,364—First National Bank of Hamburg, Iowa.

XXV.

[Vol.

,

July

1.

,

Coupon.

|

6s, 1881
6s, 1881
6s, 5-20s, 1865
6s, 520s, 1865,
6s, 5-208, 1867

reg.

coup.
coup.

new. .coup.
coup.
conp.

6s, 5-20s, 1863
5s, 10-lOs
5s, 10-408
5s, fnnded, 1S81....

reg.

coup.
coup.

4%s, 1891
4%s. 1891
6s, Currency

reg.

coup.
reg.

88.965,956
18,801.200
133.08S.S00
212,732,000
21,808,800

52,555,850
289,304,700
49,350,500

Closing prices of securities in London have been as follows:

The Bank

June

Jnne

22.

29.

1

I

July
6.

Range
—Lowest.

I, '?7.—
Highest,

since Jan,
|

.

francs in specie.

The

last

statement of the

New York

City Clearing-House

banks, issued June 30, showed an increase of $2,554,875 in the
excess above their 25 per cent legal reserve, the whole of such
excess being $21,190,450, against $18,635,575 the previous week.

The following table shows the changes from the previous
week and a comparison with the two preceding years
:

U. S. 6s, 5-20s. 1867

U.S.

.

5s, 10-408

New 5s
New 4%

per cents..

State

106%
109%
107%
104%

I
I

!

I

106%
109%
108%
101%

106%
109!.;

108%
105%

June 25' 110% Feb, 6
107% April 17| 110% Feb. 6
105% April 25 108% Apr. 10
sl02% May 16) 105*/; July 6
106

and Railroad Bonds, — Louisiana

consols have deand sold to day between 75 and 76, ex July interest.
There is more demand here than in New Orleans, and in the
latter city there seems to be some inclination to sell, as a good
many bonds have been carried there on margins which are now
becoming exhausted. South Carolina consols sold to-day at 69$
Alabama consols lately at 41. The Treasurer of South Carolina
clined

;

$14,785,200
4,999,500

Unpaid dividends

$14,785,200
4,815,800
29,400
4.382.700
38,834,900
100,900

has made a statement that the total amount of consols issued is
$4,182,500. For $600,000 New York city 5 per cent, stock the
Comptroller received bids to amount of $1,679,000 at prices from
103 to 100 25. In New Orleans the public administrator gives
notice of the fourth semi-annual distribution of $50,000 on premium bonds allotted January 31, and April 16, 1877; and the
seventh quarterly allotment of 45 series to take place July 31.
Railroad bonds show no general change. The Hannibal & St.
Joseph 8s convertible were very Btrong after the decision in
favor of the company, but did not hold all their advance. The
interest was not paid July 1 on the Ohio & Mississippi first mortgages, and th« bondholders are talking ot foreclosure.
Messrs. A. H. Muller & Son sold at auction
$12,010 Liltle Rock & Fort Smith RR. Co. 1st mort. sinking fond land grant

I^ToUd

$57,398,900

$59,113,200

Nebraska RR. Co. St. Joseph & Denver City RR. lands
7%.
Closing prices of leading State and Railroad Bonds for three
weeks past, and the range since Jan. 1, 1877, have been as follows

1877.

•

1876.

,

1875.

Jure 23.
June 30. Differences.
Jnly 1.
Jnly 3.
Loans and die. $250,416,500 $251,655,600 Inc .$1,239,100 $251,883,300 $279,397,200
Specie

16,209,000

17,453.00) Inc

Circulation...

16,765,630

16,643,200

Net deposit*..

228,316.100

Leeal tenders™

58,255,600

The following

.

1,241.900

Dec.

122,400

18,291,800

18,824,600

15.539,200

18,981,690

226,488,100 Inc

.

8,172,100

216,055,200

245,696,700

Inc

.

2,103,900

54,778,400

73,882,100

60,359,500

the comparative quarterly statement of the
State banks of the city of New York
is

:

LIABILITIES.

March
Capital

Net

profits

Circulation

Duebanke
Due depositors

31. '77.

June

Inc or Dec.
Inc.
$50,000
Inc.
183,700
8\100 Inc.
700
4,884,210 Inc.
1,500
84,p27,800 Inc .: 1,492,900
"
8C>,400 Dec.
14,500
23, '77.

Inc .$1,714,800

bonds, 2ti%.
96,750

Kansas

&

scrip certificates,

Jolt

THE CHKutflCLK

1877.]

7,

Juno June

Statm.
•43)4
•43
20)4
•si

6», new
do
North Carolina 6s, old

Virginia 6a, conaol

Since Jan. 1, 18T7
Lowest.
Highest.

6.

.

I

43*

Jan. 11
4244 Feb. 28! 45
•48
42
Feb. 28, 44'.;.lunu 7
1814 Mch. 7! *2jj Jan. 6
•82« 82* April 2, 83)4 Apr. 2
•41
Apr. 11
38
Jan. 16 45
I06X 104 Jan. 23 10944 June 5
71
Jan. -' 80 June 21
79

•4814
•48

six

•4(1
do 2d series.
long bonda
•108)4 •108X
•77
District of Columbia, M3e 1934
78

do

lUaaourl

—

July

29.

TUn4MtM 8s, old

6a,

11

The latest railroad earnings, and the totals from Jan. 1 to latest
dates, are given below.
The statement includes the gross earnings of all railroads from which returns can be obtained.
Tim
columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan.

&

.

111*

US

•98S,

•95

'101

....

Miss

&

A

* Tula

is

the price bid

:

no

16 11114
111

Jan. 26

1

Feb. 28,112
Jan. 13 115

i

Jus M

101
108)4

96

1I

was made

tale

1

88

,

5

Jane 11
June 14

l

•12014

.

&

8OJ4 April

78

Jan.

6 110S£

9844 Jan. 2
8814 June 19
June 29
June 20
95
June 7|102 May 10
May 8 104>i Mch. IS
10214 100
•11514 118
Feb. 19 118
June 7
1
M 114 Mch. 5 121 May 24
•84
92
May 22
8114
Jan. 9 122 Juno 23
119
117
»ioix 92)4 Mcb. 22 102 X Jan. 3
Jan. 9 108=,' Jnnc 18
10514 103
97
92X Mch. 31 98* Feb. 6

'115X •115*

cona. alnk. fund
Chic. 1st >iao"
Pltlab. Fi. Wayne
Iron Mt„ 1st mort
St. Louis
99X
Union Pacific lat, 8s, gold
1H8X
sinking fund....
97
do

Ohio

bSu

BBV4

UK', 106
•liiS 109

112

'llOJt

Mch.

10JK 106

85

5

I0SX Mch.

toe

86»

8-1

Mch.

50

60

53
58)4
•110
•109»{
111)4 •no?*
88
bbS

at tbe

Board

—

tallroad and miscellaneous Stocks. The stock market
has experienced some little animation for a holiday week, and
prices have at times shown a good deal of firmness.
On Monday
the coal stocks were the principal feature and advanced quite
sharply, though subsequently falling off from the highest prices
reached. At the opening to-day there was also a strong feeling
and a general advance in prices at the first Board, but a pressure
to realize afterwards set in, and much of the advance was lost.
The Lake Shore statement for the six months and the failure to
declare any dividend appears to have had little effect on the
stock, which is believed to be more Btrongly held than most of
the other speculative favorites.
A redaction of 10 per cent in
salaries and wages has been made among the employes of many
leading railroads, and the reduction seems to be acquiesced in as
reasonable and necessary. The brief report of Michigan Central
earnings, telegraphed at the time of the annual meeting, gave
the approximate figures for the fiscal year ending May 31, as
follows
Gross earnings, $0,483,000
operating expenses and
taxes, $4,706,000
floating debt, $400,000, of which $150,000 has
been paid since.
Total sales of the week in leading; stocks were as follows ;
D -1 & H. Lake West'n St.Paul Morris Del.L. N. Y. Rock
:

;

;

Canal.

Jnne30
July
"
"

"
"

2
1

Shore. Union,

3,100
8,935
4,150

9,000
11.000
13,1.0

18.100
18,300
5,800

3,400
3,500

28,200
61,200

11,656
34,635

&

pref.

3.400
5,20)
4,210

&

Ess.
W.
28,000 84,310
25,100 49,900
10,527 10,312

Cent. Island.
2,309
4,732
8,801

1.270
3,600
3,010

8,960
14,540

1,400
9,930

Holiday

4

5
6

Total

11,100
22,825

21,530
16,516

7,600
2,700

23,055 122,530 88,491 46,725 73.927 133,628 39,342 19,210
200,000 494,665 337,874 122.744 150.000 262.0JO 891,253 249,997

Whole stock

total number of shares of stock outstanding is
the last line, for the purpose of comparison.

The

given in

The

daily highest and lowest nrices have been as follows:
Saturday, Monday, Tuesday, Wednes'y, Thursday, Friday,
June 30.
July 2.
July
July 1.
July 6.
July 4.
At.APac. Tel. 20
20
20
20
20
20
20x SOX
•19X SOX
*
Central of N..1
7)4
7X- 7H
7X jS
"X SX
8X 9
39 X W
99
99
Chic. Burl.&Q
....
9SX 99
9SX 98* '98
20
C. Mil.* St. P.
l»X 19X
19X l'.'S,
1»X 19*
19X 2>X
20V
pref.
i-%
51
51*
53*
do
50H 51X 51)4
51X
53X 5 IX
Chic. 4 North. »»2 m*
20
20
•20X 2DX 20X 21
20X 20X
44 V 49
do
pref.
Km an 45X 46X
•I5X 46 V
4«X 47X
C. K. I. * Pac.
92)4 92X X90y 91),
m
91
91V >2X 92X 93x
Del.* H. Canal SI
32V 33.X S7X SIX 8»X
33V 36
34X 34
Del. L. * Welt
3i X
SIX 86)4 36
MX DTK
36X 3:x
3.V SSX
S
Erie
6
6!,'
ex ex
ex ex
ex 7x
«X
St.
.109
Han. A
14* 14X 14X "X 14X 15X
13* 15X
15X 15X
29 X
do
pref. 29
SO* 33
box »2
28V 80
32X 33
'.33
Harlem
140
'18JX 140
133
140
140
140
'131X 140
111. Central ...
54
54
rSX 53X 53X 55X
53X :i\ 53 V 51
Lake Shore ... 47X 47X 47X 48X 43
5(1*
48X
43X 49X 49
Michigan Cent «0* 40)4
41
41
40* 41
40X 41X 41
42X
MorruAEatex S8X 64
(U
6SS4
67X
65V 67X
65X 66X 66
N.Y.Cen.ill.U
80
SIX 9IX 92X
92 X
92* SSx
91
Ohio* Miss...
I. 2V iX 2X 2V
2X 2X
2X 2«

i

Pacific Mall

Panama
Wab. P.C.

,

'1»X
'95M

X

It'ti

l»X

•H

Pacific.

West.

MS MX

I'n. Tel.

57«j

.

•I9X 20

58*
95X

x 66X

'91

45

58 X

95X

44V

42
United States.
42 x •4 IX
'4
Wells, Fargo ..
86* 86* '....
•This Is the price hid and asked

45

.

....

87
:

19

X

'9X 20)4
94

3*
en

57*

19X

•96

1

Union

Adams Exp... 9>
American Kx
•41V

1»S
li-

»....

66X
57V 58X
95X 35X

•6.1

MX

t»X
95X 9«X
43X 44
42
• ...

3X

3X

4
67

•43

43

•41X

41
43

•84

87

•61

42
87

no »ale was made

99

3X

3X

6)V 63*
59* 59V
95
95X
43
42
87

41X

at tbe Board.

Total sales this week, and the range in prices since Jan.
1876. were as follows:

Susi
ofw'k.
Shares

A

Paclflc Telegraph
Atlantic
Central of New Jersey
Quincy
Chicago Burl.

.

&

Chicago Mil. & St. Paul
do
do
pref.
Chicago & Northwestern
do
do
pref.
Chicago Hock Island & Pacific
Delaware & Hudson Canal
Delaware Lack. & Western
Erie

Hannibal

&, St.

do
Harlem

Joseph
do
pref....

Lake Shore
Michigan Central
Morris & E-sex
N. T. Central & Hudson River
Ohio & Mississippi

Jan.

1,

Receipts

Union Pacific
Western Union Telegraph.
Express
American Express
United States Express
Wells. Fareo 4 Co

...

I

82

Apr. 23

Mch.

14)4

112X I21J4

June

46*
84*
six
55* «7X
1814
*IJi

July
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

9814 111K
61 14. 125
6114 120K
7J4
1014

July
July

uS

May

taoM

J»n.
Jan.
Jan.
'on
Jan.
Jan.

6ox
48X
S4X
81
96
5
16)4

Firb.

Fob.

22

20^ 109X

Jan.
Jan.

Mch.

1876.

Low. High

Highest

X

25

year

1877, to date.-

Lowest.

1514 Feb. 31 25
3.'ttt>
June 11 S7X
6
7191 94
Mch. 19'118J4
6,535 11
Apr. 121 21'.
46.725 40J4 Apr. 23, 54T4
Apr. 13 S7X
1,200 15
11,680 3734 Apr. 23' 5SX
19,210 82X Apr. 23 102J4
2.1.053 25X June 13 74X
132.628 30X June 11 77
8800 4X Apr. 2 10,'i
10,050
7
Apr. 17 1-V.4
Aur. 17 S.V/,
8,900 17
150 135
Feb. 19 144
4,150 4014 Aur. 2 6514
122,530 45
Apr. 23 57J4
8 5044
18,788 35X Apr.
June 13! 9214
74,987 51
89,841 8514 Apr. 23 104J4
1,500
2X June 26 -'.
2,630 12J» Apr. 8
101 30
Apr. 3 130
5,574
14 June 80
814
475 59 >4 Jan. 15 73
Apr. 4 78
83,491 58
Apr. 23 H'5
193 91
522 4314 July 8 6014
Apr. 87
175 36

1,200

MX

Paclflc Mail

Adama

Whole

'

Illinois Central

Panama
Wabash

—

,

1,

122

1

2

"

1877.
8.

&
&
&
&

1,757,415
451,083
892,370
225,121
506,431
7,888
29,714
9,915
1t^„>K8
77,622
143,673
471,595
127,985
30,634
14,700
247,602
515,754
89,085
360,342
264,847
71,804
101.512

&

&

&

W

.

&

&

&

&

&

*, 138,484]

(.080,801

173.017

173,820
UVLOtJE

599,940
1,819,255

621,987
1,168,8:3

659,767
888,447
1,092,393

745.693
543,870
1,125,620

421,877

402,532

2,03.1,369

1,922,646
1,448.803
1,417,338
767,694

1,484,241
1,4:30,931

737,900
250.112
693,554
73,699
1,139,159
161,034
223,573
1,903,991
1,411,222
578.853
213,539
122,935
61,061
167,299
92,078

5,541
9,618
71,054
228.720
22,083
12,772
5,253
2,763
46,503
27,864
35,199
1,054,183
87,980

&

8JM*,701

•284,032

14,913

&

8,880,»78

188848

29:1,495

&

1876.

3,536,703
8,900,517

143,422

&

to latest date.

6,309,000
2,0T,.iK2
8,408,781
2,959,460

52,1173

&

1

1877.

$9*6,021 $1,005.(50
208,3«0
111,968
418,649
589.2S5
118,943
112,411
845,178
806,376

51,784
100,700
6,333

.

1

Jan.

.

1678.
$50,3.10

{55,316

.3d

50,709
69,857
4,783
40.30J
1,575,000
868.881
Chic. Burl.
Qulncy.Month of April..
960,198
Chic. Mil.
St. Paul. .4th w'k of June.
180,000
Chic. It. I.
Pacific. .Month of April..
015,177
Clev. Mt. V.
D.,&c..3d week of June.
7,788
29,1,11
Denver Paclflc
Month of May...
Denv. Jfc Rio Grande. ..3d week of Juue.
14.174
Grand Trunk
W'k end. June 23 155,751
Greut Western
W'k end. June 22
62,181
Hannibal
St. Jo
Month of April..
186,966
Illinois Central
Month of May.. 351,905
Do. Ia.leased lines . . Month of A pn
99,998
I mini nap. Bl.
. . .3d week of June.
24,023
Int.
Gt. Northern. .3d week of June.
17,800
Kansas Pacific
Month of May.. 246.512
Lehigh Valley
Month of May.. 586,000
Lonisv. Cin.
Lex ..Month of May..
90.675
Louisv.
Nash., &c..Montn of May..
382,574
Missouri Pacific
Month of May.. 803.548
Mo. Kansas
Texas. ,4th w'k of June.
86,919
Mobile
Ohio
Mouth of May..
95,401
New Jersey Midland.. Month of May..
56,465
Nashv.Chatt.
St.L.. Month of May..
128,646
Pad. AEllzabetht'n .. Month of May..
24,202
Memphis
Fad.
Month of May..
16,424
Phiia.
Erie
Month of May... 260,591
St. Jos.
Western
2d week of J u ne
4,b53
St.L.A.&T.H.(brchs).3d week of June.
9,329
St.L. I. Mt.
South. .3d week of June.
76,400
St. L. K. C.& North'n..Month of June .
171,856
St. L.
S. Francisco. .3d week of June.
22,089
St.L.&S.E'n(StL.div.)lstw'k of June.
10,898
"
(Ken.div.)..lat w'k of June.
5,734
"
(Tenn.dlv.).lstw'k of June.
2,640
Month of May..
37,*27
St.Paul& S.Clty
Sioux City&Sl. Paul.. Month of May..
18,108
Tol.Peoria& Warsaw. 3d week of June.
20,524
Month of April.. l.ceaCsso
Union Pacific
Wabash
3d week of June.
83,219

477,322
3,7o2.24?
1,880,194

229,834
758,074

91,683
1,804,488
151,304

225,327
1,672.845
1,499,756
576.340

243,704
131,237
62,832

208,M9
130,851
665,497
3,289,664
2,010,391

• Figures this year embrace Trinidad extension, which was not in operation until about the close of May, '76 ; for the first five months of the year,
therefore, the comparison was with a smaller mileage In 1876.

—

1'tie Gold market.
Gold shows no point of special interest,
and the price fluctuates within a very limited range, the figure
yesterday and to-day being 105J. On gold loans the terms were
A San Frani, 1, 2, 1^ and 3 per cent for borrowing, and flat.
" The Nevada Bank has sold $400,cisco report of Jane 28 says
000 in trade dollars for shioment to China by the steamer on the
3d proximo, and $1,000,000 in fine silver for the same and follow
ing steamer. This clears out the supply of trade dollars, and no
more can be had until the re-opening of the mint in July. The
market for fine silver is also pretty well cleared."
Tb.9 following table will show the course of gold and gold
clearings and balances each day of the past week:
:

Saturday,

June

Monday, July
"
Tuesday.
Wednesday, "
"
Thursday,

30 ..
2...
3...

4

10534 10 3 "si 105
105,'i i05J4

X

Total

Balances

,

,

Gold.
Currency.
Clearings.
$23,750,001 $2,389,694 $2,523,219

:o5,'i

1U5X 105X

13.868,000

1,801.000

14,91.2,000

1,790,4131

1,898,149
1,908.868

.Holiday

Current week.
Previous week.
Jan. 1 to date..

The following
American

Quoti uions
Oa'n Low. High Clos.
105X 10514 JOSH 105X

.

5...
6...

"

Friday,

10514 10544 ll'SVi irax
I03>4 105)4

17,230.000
10,158,030

1,607,253
1,016,403

1,103,136

105X 105 hi iosx 105X
tOflx :o;x
10514 105
107X 104K 107J4 105W

$79,968,000
115,792,000

1,417,200

1,498,000

105X 105X

are the quotations in gold

for

foreign and

coin:

Sovereigns

$4 87

Napoleons

3 87
XXRelchmarks.... 4 75
^Guilders
3 90
Spanish Doubloons. 15 60
Mexican Doubloons 15 50

Fine silver bare
Fine gold bars

@ $4 91
@ 3 92
@ 4 80
® 4 10
& 15 90
@ 15 6)

118
117>i»
pa«a!4prom.

Dimes &

half dimes.

Large silver,
Five francs

Mexican

Xs &X »

dollars.

.-

English silver
Prussian sllv. thalers

Tradodollars

— 9414^ — 95)4
— M)4@ — 93)4
— 93 Q> — 95
— 95X® — 9614
4 8)
4 85
— 65 ® — 70
— 95 © — 96
(it,

—

Exchange. It has been a slack week in foreign exchange,"
even the bond importers purchasing few bills, and no large demand appearing from any quarter. To-day, prices were about
steady at 4 87 to 4.87$ for bankers' sixty-days sterling, and 4.89i
to 4.891 f°r demand.
For domestic bills the following were the rates on New
York at the undermentioned cities to-day: Savannah, buying 8 16,
St. Louis, 50 preselling 5-16; Charleston, easy, $@J premium
mium; Cincinnati, steady, buying 1 1-2, selliug 1-10; New Orleans,
commercial 1-16 discount, bank i premium and Chicago, 75
premium.
Quotations for foreign exchange are as follows:
;

;

-Jnly

Prime bankers' sterling bills on London..
Good bankers' and prime commercial
Good commercial
Documentary commercial

..

80 layi
S7 ;<,i
68)4i

87*

85X

88

5.13X4
5.13X«
5.13X?

94Tii

mS

»4«

93 x

MH©

96X

16 Ji

Amsterdam

MX
90

June

Hamburg

(gnilders)

(reichmarks)....
Frankfort (relchmarks)
Bremen (reichmarks)
Berlin (reichmarks)

WMM MX

m

->'.'

1

(fra'ics)

3 day*.
4

4 89
4.88
4 87144

Paris (francs)
(francs)

e.

4.S5V

85

Antwerp

Jan. 22 63H
Jan. 27 100
Feb. 5 55
Jan. 8| 4914
79

Fe

week of June.
Bur. A- Mo.Rlr.ln Nob. Month of April.
Bur. C. Rap. & North. Month of June..
Cairo & St. Louis.... 2d week of June.
Canada Southern.... 3d week of June.
Central Pacific....... Month of May..
Chicago & Alton
Month of lune.

Swiss

5

*

Atch. Top.

Mch. 2 57X
1

and including, the report mentioned

-Latest earnings reported.-

Railroads.
Central of N. J. lat conaol.
Central Pacific lit. 6s, gold
Chic. Burl. AQutncy conaol. 7a
Chic. A Northwest'n, tp., gold
Chic. M. * St. P. cona. b. fd, 7a
Chic. H. 1. APac. 1st, 7s...
Brie lat, 7a, extended
Lake Sh.
Mich. So.2d cons.cp
Michigan Central, conaol. 7a.
Morris A Eascx, lat inort
N. Y. Cen. & Hud. lat, coup.

1, to,

second column.

In the

:.>>.:

*>Y

M4X

1.80

fcg|

Ml«

40X

4V0x£

a

mSi

s*

BOfil
9344*

88
88
88

THE CHRONICLE.

12

—

Mew York City Banks. The following statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of business on Jane 30, 1877:
-AVERAGE AMOUNT OF -^Legal
CirculaNet
Loans and
Banks

Ma

$

$
3,030,01)0

2,000.000
1,500,000
3,000,000
1,000,000
1,000,000
.... 1,000,000
600,000

Union
America
Phoenix
City

Tradesmen's
Fulton
Chemical
Merchants' Exch.

310.0<i0

i,OOJ.O0O

Gallatin National 1,5 0,000
Butchers'* Drov. 500.000
Mechanics'
Tr.
600,003
Greenwich
2 0.000
Leather Manuftra.
600,000
Seventh Ward....
300,000
State of N. York.
800,000

801,900
2,730,(00
893,800
2.25-i.500
12,9 9,800

American Exche.

5,000,000
Commtrce
10,000,000
Broadway
1,000,000
Mercantile
1,'OO.OGO
Pacific
422.700
Kepnhlic
1 500,000
Chatham
450,000
People's
412,500
North America... 1,000,00)
Hanover
1,000,00)
Irving
500,000

Metropolitan

16,"41.80C
4 935.100
3,024,500
1,795,900
3,277,300
3.014 800
l,3v8,5
1,982.400
4,149 500
1,9SS,0
11,56J,000
1,579,000
8,144,400
2,671,800
1,»66,000
3,937.000
3.V22 200
3,137.700
1.218,400
1.744,20)

3.000,00.)

Citizens'

600,000

Nassau
Market

1.000030

1,0 O.OOC
St. Nicholas
1,000,000
Shoe and Leather. 1.000,iO0
Cora Exchange... 1,100.000
Continental
1,250,(00

Oriental
300800
Marino
400.000
Importers'&Trad. 1, '00,000 J6,78!.6.-0
Park
2,000,000 10,614600
Mcch. Bkg. Aes'n. 5.00,00)
795,300

Grocers'

300,000

743,700

NorthJtiver

40,000

90,500

350,000
li 0,0

806,300
400,300
13.757.6P0
7.373,000
1,950,000

EaftKver

&

Manuf'rs'

Mcr.

Fourth National..

00

3,750,'

Central National 2,000,000
Second National..
800 000
Ninth National... 1.500,00)
First National
500,0
Third Notional... 1,' 01.003
.

N. Y.Nat. Exch..
Tenth National...

300.000
.•OO.dOO

Bowery National.

250,000

New York County
German American
Dry Goods
Total

5,';3i,«00

5,358.500
5 2-w,6U0
"
1.067,500
1,514,100
1,123,'00
1,175,400
2,519,500
937,200

2000
1,000.000
1,000,000

tion.

*

8

10,830,800
25,700
5,115,100
7,500
7,741,503
154,400
5,064,900
139,000
3,853,700
1,101
7,846,90)
2,825,000
270,000
5,728,100
1,815,500
771.3.0
1,273.800
10.146,800
6"9,500
2,817,400
2,199,200
42,000
1,252,000
84,000
949,100
194,200
747,200
2,700
2,448,200
548,200
893,900
36.500
2.449,600
45.000
10,170,000
229,2,10
7,181,600 2,426,700
3.196,400
890,400
2,740,600
45,000

2,110,600 2,172,800
43S.900 1,420,000
781,100 3,090,100
884.000
386,90)
347,500 1,854,900
1,188,000 2.395,300
366,000
487,000
1,100.31.0 1,655,000
109,500
253,800
170,00,1
645,800
702,800 2,669,600
87,000
573,500
258,800
418 100
59,000
310,000
224,li0
21.8J0
186.000
1 90.000
559.900
CO,90O
223.900
46B,70J
410800
478,200 2,610,003
685,300 4,644.60)
0S5,303
63,300
202,300
441.300
68,000
801,200
279,500
422.900
252,403
690,60)
16,100
191 ,80
V54.000
64 500
209,200
738.600
!v,S00
605,600
79'J,000 2.950,000
05.50..
489,000
57,100
287,20)
2 9,600
252,500
58,200
511,300
lv2,100
721 5(0
93,700 1,332,000
100,80)
462.000
9.; 00
365,700
136,800
374,900
658.600 2,762,900
729.600 4,212,500
32,300
338.0
5,90
138,8.
17y 00
243,000
24,700
1S9.800
1,800
111,800
7F3.400 3,418,500
229,000 1,9)9,010
50 i, 000
88,500 1.481,600
239,900 l,31*,90.l
1,403,900
849,900
:-,Ol0
223,500
34,400
318,400
2,400
243,000
298,000
214,40
531,200
8,10)
419,303

1,451,' 00
l,727,7iK)

&

$

$

10,687,3r0
6,306.400
7.523,230
6,714,900
4,237,900
8.610.600
2.837,000
6,077,100
3.246,100
1,391,800
9,98:,300
S,6 3,200
8,685,900

8,000,000
hattan Co... 2,050,0

Merchants'
Mechanics'

Spec'e. Tenders. Deposits.

Discounts.

Capital.

NcwYork

2,054,)i00

2,406,900
8,167,600
1,186,700
1.679,600
3,673.700
2,031,000
H,(t63,O0O
1,798,700
2,002,700
1.732,200
1.151.600
3,132,500
2,785,500
2,272,100
1.170.200

450,000
213,030
5,400

1,822,9(10

225,900
1,082,000
(0,000
303,700

17,671,500
14,475,900
795,800
648.900
810,50)
647,700
447,000
12,527,801
7,122,000
1,988,000
4.957,"00
5.857,000
6,543,100
734,700
1,169,500
691,100
1,048,200
2,529.900
500,000
'

290.100
75,300
!

8,0

10

130,100
3,900
207,000
497.600
4H2.000
4,800
59J.500

98,900
1,045 500
1,299,000
251,000
646,000
270,00)

49,400
268,800
445,200
224,100
ltO.OOO

The deviations from

returns of previous week are as follows:
Inc. $7,259,100 Net Deposits
Inc. *3 172 100

loans

|

fpece......
Legal Tenders

Inc.
Inc.

The following are the
?™ '.„., SP ecle
»

m
May o«
26.

T^"
$«51,5M

5W

Jnne2..
UDe
•J
June ?i16.

1»'.«™,0W

J n "e

8,}°-116,500

,
June

250,754,400
250,687,500

?o30.

2oI,055,(J00

m

«

Jhrfef'
June 4..
Jane 11.
Jnne 13.
June 23.
July 2..

*

S'ISVS

Dec.

122 ' 400

|

totals for a series of

weeks

past:

L Tenders. Deposits. Circulation. Age. Clear.
|2i,848.7f0 853,570, 100 *225.4 12,600 $16,069,(00 $384,6^,097
19,341,501 I5,89.,700 223,481 600 16 143 700 33) '3*8 8
19,441.700 55,078,1.0 -.23.738 500 16 162.000 404 145 247
18,852,103 66,368 BOO 2 '2,665,800 15 971.030 889 2812J8
16,209,000 58,235,600 223:316 100 15 705.600 305 825913
17.453,003 69,359,600 224,488.200 15,613,200 3.7,793;-,21

Boston Itanks.
Loans.

Circulation

1,241,003
3,103,900

-

—Totals were as follows:

Specie.
7
$

?'oa '?r.,
l,99->,503

121,432,300
130,777,700
1J9,903,7M)
130.946,000
131,088,100

1,923, J0D
1,8.52,200

1.763..00
1,9j4,230

L. Tenders.
*"' 8 ?'.*'<>
7.149,000
7,185,20
7,045,030
7,154,300
7,118,200
1

Agf Clear
$&%T5,*5

Deposits. Circulation.
IS1.8fl.800 $21,115,2.10
51,936,800 23 004.501
51,763,200 23,297,600
51.480,500 23,171,300
52.100,5'
23,293,500
52,517,400 23,104,300

38 959 901
42,455,112

'

Philadelphia Banks.— Totals were

45,541,191
41,004,0)8
43,310,039

M^ttSt

32.&

gfl&Tn

BflSTOK,

SECTBITIRB.

SROtJRlTtKS.

BOSTON.

Vermont ft Mass.

Maine 6s

gold...

Boston 6s, currency
do 5s, Built
Chicago sewerage 7s,. ..
Municipal 7s....,
_ do

Portland w
Atth. &Tcpekalstm.7i"...
do
land grant 7s

do
2d7s
do
Ian" Inc.
Boston & Alhany 7s
do
&h.
Boston * Lowell 7«
Boiton A Maine 7i

'

m

.'.'

7-1

48

si

I

49

Eastern (Mass.). ..
3!4
8«
Eastern (New Hampshire)!'
Fitchhurg
" j :o4^ 10S
(Manchester & Lawrence.
106X
115
130
Nash::a A Lowell
85
INew Tork /t New Kngland.
Burl. A Mo., land Brant 7*!'."
iow< :oo\ Northern ot New Hampshire
do
65
Neb. 8s, 1-91
1116k, N orw lch & Worcester
do
Neb. 8s, 1883 ....
1'7(4 jOgdinso. & L. Cnamplaln '.'.] »?*
Kastern, Mass..8(*», new
r,i'.
'
do
t
do
nref
11 art f ord ft Erie 7i, new '
v
Old Colony
Ogdensburgft Lake Ch.Ss'"
91
Portland baco A Portsmouth
O.d Colony ft Newport 7s, '77.
Uutlaud,commou
Rutland, new 7s
do
preferred
Venn't C. 1st m., cons. It/M*
Vermont. & Canada
do
2d .it,. 7s. 1891
Vermont* Massachusetts!!' 105k, 100
Perron"* * ^•sna4a. n«w fis
itorcMW* N»shu> ..
<5^"
46

_

.

.

12s.

102

M

102!ij

'

'.

I

j

.

|

103
toe
101

,

109

Susquehanna 6s, coup..

105L£

U0»4

11.7

1

1

6«, ism,
6s, 18S6, J.&J
6s, 189.', quarterlv.
6s, park. 1890,
6s, 1898,M.*S ..

do
do
do
ao
do
do

RAILROAD STOCKS.

Q—M

-j

H2k'

exempt, 'PS.M.&S.
1900,J.*J

1S0J, J.
water, 8s

&

112

J

112

RAILROAD STOCKS. Par.

23

Bait.* Ohio

SM
;io

85

23

2,s

in
21

li*

91« SB

Wash. Branch HO
do
do
Parkersb'g Br. .50
Northern Central
JO
Western Maryland
50
Central Ohio
50 22 M>
Pittsburg

*

ConnellsvIlle..5(i

RAILROAD BONDS.
Bait.* OhloSs, 1880, .).*,)...
do
6s, 1865, A.*0.

88

Little BehuyiKlll
Jtlnehlll

Nesquehonlng Valley
Norrlstown
North Pennsylvania

4.3

fennsylvaila

\vi>4

6s,

Norfolk

15

Catawlssa

Ph

112m.
110

Baltimore
do

do
7s, reg. A coup
Delaware 6s, coupon,.
Harrlsburg City 6s, coupon .

do
pref
do
new pref
Delaware * Bound Brook
East Pennsylvania
Emilia it wllliatnsport
do
do
pref.
Har. P. Mr. Joy * Lancaster.
Huntingdon & Broad Top...
do
do pref.
LelOgh Valley

.9.8.

Maryland 6s, defense, ,).<fc J.
do
6s, exempt, 1887 ..
do
6', 1890. quarterly,
do
5s, quarterly

Camden County tis, coup
Camden City 6s, coupon

C raden A Atlantic
do
do
pref

.

BlI.TOIOIIli.

*

43
47

l«l

111

40

42

eon

:<o-K

la'ielphta* Erie

101
105

N. W. Va. 3d m..guar.,'85„)*J
Plttsb.* Crintiellsv.7s,'98,.I*,I
Northern Central 6s, '85, J*J
do
6s, 1900, A. SO
do 6s, gld, 1900, J.&J.
Cen. Ohio 6s, 1st m.,'90.M.& S.

W. Md. 6s.

1st

OOte
86
98
,

m., gr..'90.,).& J.

do let m., 890, J. ft J...
do 2dm. .guar., J.* J
do 21 m., pref
do 2d m.,gr. by W.Co.J&J
do 6s. 3d in., guar., J. & J.

9

Pulladeiphla* Read ng
UM llJs
Philadelphia & Trenton
..
Ph.ia.Wiimlng. « Baltimore.
Pittsburg 'litusv. & Buff
DM
5fs
126
United N. J. Comptnles
126« Mar. * Cln. 7s, "92, F. & A ...
do
2d,M.*N
"West che-ter cousol. pref
do
8»,8d,J.*-j
Westjersey..
Union RR. 1st, guar., J. & J..
CANAL STOCKS.
Can on endorsed.
do
Chesapeake sb Delaware
MISCELLANEOUS.
Delaware Division
Baltimore Oas certtucates.
ll-?4
Lenlgh Navigation
People's Gas
50
Morris
119
do pref
Pennsylvania
Di'trict "f Columbia.
Schuyialll Navigation
.

81

.

WASHINGTON.

do
Susquehanna

%i Perm. Imp. 6s,

«H

pref...

Allegheny

Val., 7 3-l0s, 1S9

•Jo

108

7s, E.c.tt.,1910
Inc. 7s, end.. '9..

do

Belvidere Dela. 2d

'8

in. 6s.

i.

do
31m. 6s,VL.
Camden * Amboy 6s, 'S3.

Wa*hingtin.
Ten-year bonds, 6s. '78
99>4 Fund, loan (Cong.) 6s,

oi>s

6s, coup., '81
mort. 6s, reg., 'ft 107HI
Cam. ft Atl. 1st in. 7s, g.. 19)3
do
21m., 7s, cur., '8a 98
Cam. Burlington Co. 6s. '97 102k
Catawlssa 1st, 7s, coin.. 'i2.
do
chat, in., 10s, '88

do
(18481 6a, at pi.
108M CheB.*o.st'k ('47) 6s, at pi...
Georgetown.
General stock,

do

series

Certlfs. sewer, 8b, '71-77. ...
Water certificates, 8b, '77...

CINCINNATI.
Cincinnati 6s

t

do
7b
f
7-308
do
1
do
South. RR. 7-308. t
do
do 6s, gold t
Hamilton Co., O., 6s. long.. ,t

m. 7s, gold, '95.
Sdm.cons. 7s, '95'
2d

ao

,

6s, reg., 189!...
7s, reg., 1910...

S8I

Certlfs. gen. Imp. 8s, '77-78

Connecting 6s, 1*0-1904
108
Dan. H.& W, Iks. .1st., 7b, 'a7'
35
Delaware mort., 6s, various.
Del & Bound Br., 1st, 7s. 190C 97M
East Penn. 1st mort. 7s, '88
102^4
E1.& W'msport, ut m.. 7s, 'cd 100
do
lBt m., 5s, perp
llanlsburglst mort. 6s, 8(.
H. * B. T. 1st m. 7s, gDld, '90

do
do
do

8s,

do
6s, at pleasure
Bounty stock, 6s
do
Market stock. 6s
do
Board of Public Works—

do
new7B, 1900
Cayuga L. 1st in. ,g.. 78.1901*.

Ithaca* Athens lst.gld, 7s. ,'90
Junction 1st mort. 6 '82. ..
do
2d mort. 6s, 1»j0 ...
Lehigh Valley, 6l, coup.. 189S. 107

g., '92.

do
(Leg.) 6s, g., 902.
Certlf s.of st'ck ( 1828) 5-, at pi.

.

do
do

J.&J., 89:.

.

85

do
do

g.,

do
7s, .891
Market Stock bonds, 7b, 1691.
Water Stock bonds, 7s, 190
do
7s, i903.
do

KAILROAD BONDS.

108

107«

no

7b,

lto 5yrs..t

do
7 & 7-o0s, long.t
Cln* Cov. Bridge st'k, pref.
Cln. Ham. * D. 1st m. 7b, "30

2dm.

do

Ham. &

Cln.
Cln.

Northern Poc. 7 8-10s, cp.,1900*
North. Penn. I6t m.bs, cp.,'85.
do
2dm.7s,cp.. '96.
do gen. m. 7s, cp., 1108
do gen. m. 7s, reg 190".
Oil Creek 1st in. 7s, coup.,'8i.

do
2d m. 7b, '.7..
Colum. ft Xenla, 1st m. 7s, '90
Dayton ft Mich. lBt m. 7s. '81
do
2d m. 7b, '84.
do
3d m. 7s, '8s.

1..SI

111

104

,

B

,

1 1

i.'i

,

'..I

m

C*

ao

1.

deb.

7s. 2

is. '92-93.

B.lt. 6s, '84

* St. Louis 7s, 1900 73!.;
Shamokm V.& Pott*v. 7s, 1901
Bt'iubcnv. & lud. 1st, 6s, i884
Stony Creek 1st ui. 7s, 937...
Sunbury * Erie 1st m. 7s, '77 101«
Puts. Cln.

UuUed

.

cons. m. 6s, '94
Warren * F. 1st m.7s, *9i.
West Chester cons. 7s, '9i.
West Jersey 6«, deb., coup., '8S

N.

,1.

do
1st in. 6s, cp,, '96.
do
1st m. 7s, '97
Western Penn. UK. 6s, :898
.

.

3Vllm.« Read. 1st m.7«, I900*
do
2d in., ,902'...
CANAL BONDS.

lstm.,'8i...t
1st m., 1905
.

& Laf.

1st
:st

m. ',
m. 7s

.905

*
A

8.

p.c. st'k,

guar

Miami stock

Little

M

.

do
(I.ftC.)lstm.7s,'S8
Little Miami 6s, 'S3
Cln. Ham.
Dayton stock
Columbus Xenla stock..
Dayton * Michigan stock.,

ioih

't>0,

do
7s, oup.,'9S
do
deben., cp.,'98 "88
do cons. m. is, cp.,l9t!
do cons m. *s, rg.,19.1 92
do new con. 7s, lei)3 ..

*

Ind. Cln.

do

Phlla-AiErlc lstm.6s,cp.,*8'
do
2d
7s, cp.,'S8

Phlla.* Head.

15

LM

m

do
cons, m 6 rg., 1.405
do
cons. in. 6s, cp., 1905.
Pen.iomen istm.<>.coup.,V,

* Reading 6s,

do
do

109

906

Ind., 7s, guar.
st in. 7s

Indiana

Dayton* West.

7s, cp.,'96

Pennsylvania, lBt m., cp.,'83.
do
gen. in. 6s, cp., 19,0
do
acn.
6s, >g., 19'0.

Phlla.

*

LOUISVILLE.
Louisville 7s

do
do
do
do
do

82 to '87
«B,'9(to'94

+ 100

t ioom
water 6s,'87 to '89 t
water stock 6s,'97.t 100H
wharf 6s
t topS
d->
spec'l tax 6s of '89. t IOO54
74« Jeff. M.&l.lstm. (l&M)7t,'8U 100
do
2dm., 7b..
.....
7054
do
1st m. ,7s, 19C6... t 100
.

Loulsv.C* Lex.

lBt

m.

7s, 'in. 10.454

Louls.ft Fr'k.,Loul8v.ln,6s,'8i 100

Loulsv. * Nashville—
Loulsv. In, (in. 6.) 6„'8687.t 100
Leb Br. 6s, '86
t 100
1st in. Leb. Br. Ex.,7s,'S0- l 5.t 90«
Lou. In.
do
6e, 'j3...t 100
Consol. 1st m. 7b, '1)8
92H
Jefferson Mad. * Ind
Louisville* Nashvl.le
Loulavllle Water 6. Co. 1901 + 96

ST. LOUIS.

St. Louis 6B,lo.'g
& Dela 6s, reg., '8i
do
water bs, gold.
Delaware Division 6s, ep.,';8
do
do
do cew.+
Lehigh Navigation 6i, reg., '84 \ouu. 101
do
bridge appr ,g 6s t
do
RR., rg..'9 101
do
renews), gold, 6s.
101X
do
(leb.,rg.,'7~
do
sewer, g. 6a, '9 -2-S.t
do
conv., rg. 'iU
St. Louis Co. new park,g.6a.t
do
ccnv.,g., rg.,'94
do
cur. 7s
+
do
gold, '»7
St.L.ft San F. Rli.bds, ser's A
do cons, m 7b, rg.,19t'
do
do
do I)
Morris, boat Joan, .reg., i885.
do
do
do C

Chesan.

.

• IB

defanlt of lntcre

t.

112K7 115

7s, 'c5.

con. m.,6s,rg., 1923
Little Schuylkill, 1st m. 7»,'77

Phlla. Wl'.in.

;Boston

5s,

5s, g'd, int ,reg. or cp.
5s, cur., re^ .
5s, new. reg., 1892-1902
6s, 10-15, reg., l-77-'82.
6s, 15-25, reg., 1892-'92.
Philadelphia 6s, old, reg
do
6s, new, reg. ...
Allegheny County 5*, coup...
Pittsburg 4s, coup., 1913
do
5s, reg.
cp., 191;).
6s, gold, reg
do
do
7s, w't'rln, reg.&c
• to
7s. ttr. Imp., re*., 'oS-iib
N. Jersey 6s. exempt, rg.Acp

do

m.,68,>S

Bo'tonft Albany
114% 115
* Lowell
Boston ft Maine
BOSs 91
Boston ft Frovllence.." ...,' 120
120UJ
Burlington* Mo In Neb.
88
40
Cheshire preferred
Cm Sandusky ft Clev.
''l
IConcord
65
Connecticut River
120
Conn. ft PaasumpBlc, pref..."

Vermontss

Massachusetts

1st

Bid. Ask.

STOCKS.

New Hampshire 6s

Pennsylvania 6s, coup., '.910.
Schuylkill Nav. ist m.iis, '97
do
2dm. 61.190
do
m.6s, '»5....
'80
do
64, imp
106>i
do
6s, boat* car, 1913
do
7s, boat & car. 19 5

STATE AND CITY BONDS.
Penna.
do
do
do
do

PHILADELPHIA AND OTHER CITIPS.
fttt

SECURITIIS.

Pa.* N.Y.C.* P.RK.7s,»6

Specie. L. Tenders. Depisits.
°"' Ai?-» Clear
May 28. $62,173,530 $1,21 1.7.33 $18,6 8,877 $.36^2^,719 Circulation
$1:?,M8
June 4 .
62,160,3:59
1,2.8 001 19 6 8 (W7
To,M5>J<)
June II.
62,406,063
J,o'U,BHU l^,l8'3,864
57,9.3,9(4 10,479,305
,780,310
Jane 18.
62,391,809
1.395.98') 21,117,424
57.864,933 10,447,845
32,88 4,885
June 25.
62,492 288
1.318,724 20,035,55'.'
57,888,694 10,437,423
3 ,982,194
July 2..
6i,86.-,717
1,449,278 19,596,629
57,808.517 10,414,316
29,489,088

IM

SECTJEITIEB.

PHILADELPHIA.

l-ittsb. Tttlisv. as

as follows:

Loans.

POTATIONS

BOSTON, PHILADELPHIA, Etc.-Contlnucd.

&

74,535,200 251,655,600 17,453,000 60,353,530 225,468' 200 15,643,200

XXV.

[Vol.

t

And Interest.

llll

10S
1071,
107L,
I071J

107„
1075s 1085*

Jolt

1877.

7,

THE CHRONICLE.

|

13

QUOTATIONS OF STOCKS ANO BONDS IN
Bond* and

U. 8.

BBOUKITIES.

Sa, 1883
lt, 186*.

do
do
do
do
do

8a, 1S88
8a, M.
B. RR..
8a. Ala. * Ca. It
9«of 1892

A

do
do

ill

s4

...

do >. [.. 11. A Kt.S. I«»
do U Memphis A L.B.
do 7a, L. H.T.V. lN.ll
do la, Mlaa. O. A K. H.
do la. Ark. Cent. KB...

do

Connecticut 6s.
I07J4
101
Georgia la
7a, new bonda.... 106*4
do
"a, endorsed. ...
do
do
7a, gold bonda... Itf-J,
101
I lllnolt Is, coupon, 187V.
War loan
101
do
6s
6a

Louisiana

do
do
do
do
do
do
do
Michigan
do
do

101
ir,
4'l

45
40
411

40

7tK

small

is,

6a, 1R7S-79
la, 1883

Iowa Midland,

Peninsula 1st mort.. rouv,
Chic. A Milwaukee, Ut mort

6e, due 1877.. ..
1978
do
do
Funding, due 18*1-5...
Long bonda, due 'S2-'90,
Asylum or Un.,due 1892.
Han. A St. Jos.. due 1886
do 1887.
do
New York State—
61, Canal Loan, 1877
6a,
do
1878

.

Winona A
do

.

C, C. C.

do
do

A.

N.C.KR

20

is*

New

W
48
m

J.AJ

bonda,

do

do
do

A

Han.

Rhode

do
do
Lake Shore-

Island 6a

South Carolina—
Jan. A July
April A Oct

A

do
Buffalo
Buffalo

.

6a,
6s,

48

43^

43J4

•13H

80

6a,
6a,

new bonds,
do

1?66..
1867..

..

31

..

ill)

6s,consol. bonds

8aM

6a, ex matured coup. ..
6a, consul., 'Id scries
6a, deferred bonds...,,,.

•

wu

District of Coluniblas.tBs
do
small..

do

iZh
•

41

[

7V5*

Albany A Susquehanna.

.

Central Pacific

Chicago A Alton
do
pref

Clare. Col. Cin. A I
Cleve. A Pittsburg, guar..
Col. Chic. « I. Cent.

Dubuque A Sioux

n

sii

.

City.

24

78M

Jollet

A

Long

Island

A

A

do

Rome A Watertown
Louis Alton A T. H

St.

do

do

Mi

,

L'.

K. C.

Hi
14

BM

A Nortu'n.pref

5Js

Terre Haute A lnd'polia
Toledo Peoria A Warsaw.
United N. J. R. A C
127

Warren
!>Iiacel'oaa

Am.

Pitts. Ft.

do
do

Mocka.

District Telegraph.

6b, 1883

Irs

1/7-V

lis

no
2d m.
8dm.. 103

A Iron Mountain, 1st in
do
2d in.
Alton A T. H.—
Alton A T. II .. lat mort
do
2d mort., pref..
do
2d mort. lnc'ine
do

.

I

.

.

Belleville A 9. Ill.R. 1st m. 8s
Tol. Peoria* Warsaw, E. D...

40

KM
i

do
do

St. L.

1WM
i

as

oik
i-

.,

A Alton lat mortJlLI

117

iff

do
W. D..
do Bur. Dlv.
do 2d mort..
do consol. 7
Tol. * Wabash, 1st m. extend. 108
do
in
ex coupon....
do
utm.bt.L. dlv. 7;i
do
2d mort
hi
do
enmp't bonds,
do
con. convert..
Hannibal A Naples, 1st mort
Great Western, 1st m., 1888.. 101
do
do
do
do

KA

W. A Chic, lstm.

Pitts., consol., s.f..

8t. L.

)

Bnr. C.
Minn., 1st 7s,g
Chaaa. A Ohio «a, 1st m.
do
ax coup

A

43
40

7s,

mort.7-

est.

A Minn. 8s
Hannibal R.

A

A Iowa

8s

gold, 1904-1S70. J.AJ. 10«>4 109«
7s,gold,1904
J.AJ. 109 |i09W
101
IOs, 1881
J.&J. 100
l(
10s, pension, 1891.. J.AJ
105X
1

Wa

New

102^

110
110
lOHJf 110

100X
-f

'

A Hock
do
do

Moines

Norfolk

idi'

a

do

Dodge

1st is.

Det. Hllltdale A In. liB.Sa...
Detroit A Bay City 8s, end . "t 6o
Det. Laos. A Lake M. 1st m. «'....

A Columbia

Dutchess

Denver
Denver

7a...

.

8

I

Pacific 7s, gold...

55
Rio Grande 7s, gold. 25
Evansvllle A Crawfordsv., 7a. llOO
Erie A Pittsburgh 1st 7a
100

A

.

1

do
do

„

—

con. m., 7a.. 90
equip...
Naahv. 7s.. J 84

7s,

I

Evansvllle Hen. A
Evansvllle, T. H. A Chic. 7s. g. • ..
Kllnt A Pcre M. Bs.Land grant. «78
Fort W., Jackson A Sag. 8s, 'S9 -52>i
Grand li.A Ind. '.at ;s, Lg., gu.l....
do
iat7a,l.g.,notgj. 7S

.'

gold
gold

6s,
8s,

do

RAILROADS.

j

coup

J

on.

Ala. A Chatt. latra.Sa, end....
Ala. A Tenn. Rlv. 1st mort 7a..
Atlantic A Gulf , conaol
do
end. SavanTi.

do
do

. .

A

A.

Macon A Augusta

bo.ids

88

60

75

Ml

Montgomery A West P. 1st 8a
Mont. A Euf aula 1st 8a, g., end

88

Mobile

.

A Vlnccn. 1st 7s, gr..
Iowa Falls A Sioux C. 1st 7s.
IndlanapollsA St. Louis ;s
Houaton A Gt. North, let 7s, g.
Indlanap.

.

8o

7e,g., rdgr.,JAJ,'80

do 7a, g., do MAS.'uh
do 6a,gold, J.AD., 18'J6 AO
119
do 6s, do F.A A., 1895. 78
11 8X
do 7s, Leaven, br., *96..
do lncomea.No.il
do
do
No. 16
s.
do
Stock
1
Kalamazoo A South H. 8a, gr.t •frt
KhI. Alleghan.

A

G. R.

10s.»t

8
7.
95
TA
90

20

lat in.. 10a.

Logana. Craw. A S. W.
Michigan Air Line 8a
Muntlcello A P. Jervla

AO.

Int. 3s

8a, gld.
•*
.a,

71

20

21

60

65

75
15

SO
80

80

•'-"i

A

gld.

L.lst Ts

do 2dm. 7a
Mo. K.« Tex. 1st 7a, g., 1904- '06
92
do
2'i m. Income...
74
62* N. Haven Middlefn A W. 7a...
N.J. Midland lat 7a, gold

in
1

87

6
80

A

yaehvllle Chat.

Norfolk
.

t

A

accrued Intj eat

.

cert. 6a

•

Northeastern, 8.

24
*>•

M

88
"O

46

87
i|

4

i

27

85
96
75

U
n

36
40
40
30

w
T2
37

6

10

P8H 100
(•«'

Si*

Ml

78

2dm. 8a
m. 8a..

100

MJ

lat

2ds,6a.
Jils.Sa...
(tlia.Ss..
1st m. 7s.

Poto. (a
do mort.

n

I'.l

86
90
78
67
80
108

7a

1st consol. 6a.

Carolina RR.

7s,'e6

lat in. 6a

Ta, 1102
do
7s, non mort
do
stock
do
Savannah A Char, lat M.7a. ..
Savan'h
Charleston A
6a, end
Weat Alabama 2d m.ps, guar
latm. Sa ...
do

COUPONS.

Tennessee State coupons
South Carolina consol
Virginia coupons
do
oonaoi.coup
Meniohls City Coupons ....
1'ilce

48
H.7

*8
'rifi

2d m. 8a..
Alexandria, lats, (a.

Pt»E

88
**
90

St. L. 7a.
1st m. 8a
do 7a

Southweat RR., Ga .conv

PAST

M

108

87

Orange A
do
do
do
Rlchm'd A Pctersb'g

S.

*•

82

C,

A

TO

8a.

2d m.

do

Rich. Fre'ksb'g

55
66
9"
80

•.

2.1

Petersburg

do
do

Price nominal.

t anil

.

8s, Interest

do
i

.

2d mort. 8s
Jacka. lat m.Ss

A

do
Rich. A Danv.

.

to

funded

Lake Sup. A
Leav. Law. A Gal.

•

20
65
84
32

pref. stock...
Miss. 1st 7s, gold. t!8

.

Mulitclalr

17

47H

m

sterling 8a

do ex

N. Orleans

B9H

'83

do
do
8ioft6
Keokuk A Des Molnea 1st 7s.
do
do

93
90

8a, gr.

A Cameron

Kan. C. St. Jo. and C.B. 8a of

H
Ml

,a

2d m.

A Ohio

do
do
do

;,:-,

International (Texas) :stg ..
Int. H. A G. N. conv. 8a. . "...

K.inaaa City

do

83

!5

Jackson Lans. A Sag. 8s, 1st m
Kansas Pac. 7a, g..ext. Man ,*v9 44

do

Mississippi Central 1st ra

.

m

•

.

do
1st exl.tr. ,s.j 40
Grand River Valley S», at m. t
Hous. ATexaaC. 1st 7s, gold. J 82
do
conaol. bda..' ....
i

.

do
2d endorsed.
do
stock
Memphis A Charleston 1st 7s
do
2d 7a...
do
stork.
.
Memphis A Little Rock 1st m

TO

m

100

lat

.

411

So
48

*

68
30
••

M.Ta.. ?*
do
do
...
stock
ICO
Cheraw A Darlington 6a ..
East Tenn. A Georgia 6a
85
East Tenn. A V». 6s end. Tenn <•
E. Tenn. Va. A G». lat m. 7a.
85
do
do
40
stock..
1C5
103« GeorglaRR.78
do
78
stock
Greenville A Col. 7a, 1st mort. ••
88
4a
do
78. guar.
80
Charlotte Col.

77),

-•

stock

do guar.
Carolina Central 1st m. 6s, g...
Central Georgia consol. m. 7a.
do
stock

47X

60
80

°*
»0
95
99
50
80
6°
80

'

Wllm'ton, N.C.,

7a, 30 years. 101
1st 7s, 10 years. 100
Sd 7s, 20 years.. 90
Valley >s

Ft.

5a

new

7s,

.

30
25

">
30
70
70
84
*o

consol. 6a
railroad, 6a.. .
wharf lmp'ta, 7-30
:...!.„

6s

75
li

83
83
35

'

...

Richmondf6a
80
01*4 Savrnnah 7a, old

V. 1st

A

87
66
S8

92

—

..;

Petersburgfta

I

Col.

c4
86
67
94
82
30
*m
80

'

'

Orleans prem.

do
do
do

|

25

Q

93

W

'

Moblleis (coups, on)
do 8a (coups. on)
do
6a, funded

i.i

4;

sua
J

97

91

63

Lynchburg6s

109

...

90
95

8s

Columbla,8. C, 6s
Columbus, Ga., 7s, bonds

g.

7s,

70
98

!

7s,

Macon bonds, 7s
Memphis bonds C
do
bonds A A B
end., M. AC.RK
„ do

•S',

..

100

98
69
95

I

Charleston stock 6a
Charleston. B.C., 7a, F.L. bda.

b-

R. SsSs.

S'thwestern

101

watcrworka
Augusta, Ga., 7s, bonds

:

Col. Chic.

Albany A Suaq. 1st bonds
do
.d
Uu
do
do
8d
do 1st eons. BMW
Boston H. A Erie, 1st in.
do
guar. ..

Chicago

7b
consol. 7s

iio
mi mort
A Ind. C, 1st mort
do
do
2d mort
Rome Watert'n* Og.,con. 1st

IS)

Kallroad Bonda.
Exchange Price*

RR—

H

35

do
do

guar
Chesapeake A G.2d m., gold 7s
4
Chicago Clinton A Dub. 8s
2.-)
Chic. A Can. South at m. g. 7e.
ID
Ch.D. A V., I. dlv., lstm. g. 7s. 3
Chic. Danv. A Vlnccn'a 7s, gld 45

lies

lstm.

do San Joaquin branch
80„
do Cal. A Oregon 1st
1107
do State Aid bonds
do Land Grant bonds..
Western Pacific bonds. ...
Union Pacific, ut mort. b'ds
.10! H
Land grants, ",s.
_
do
103ft
* do
Sinking fund...
Pacific R. of Mo., 1st mort.
101*
do
2d mort....
88^
do
Income, 7s.
do
UtCarou'tB

Cleve.

Canton Co., Baltimore
Cent. N.J. Land A lm. Co.
American Coal
Consolidate Coal of Md
Marlpoaa L. A M. Co. ..
do
do
pref.
Cumberland Coal A Iron
Maryland Coal
Pennsylvania Coal
Spring Mountain Coal
(8tock

i8S2, s.f.

do
6a, 1887
18S.::::
do
6s, real estate...
do
6s, subscription,
do A Hudson, ut m., coup 117).
do
do
1st in., reg.. 117
Hudson R. 7s, 2d til, B.f., 1885 I 111
Harlem, Ut mort. 7s, coup... 118
do
do
7b. reg ....
North Missouri, 1st mort
Ohio & Miss., consol. sink. fd.
do
consolidated
do
24 do
do
ut Spring, dlv..

Penn.

.

54

60

Pacific, So. branch, 6a,g

CITIES.

:,4

Connecticut
Connecticut Western 1st 7a ..
27
112H Chic A Mich. L. Sh. 1st 8a, '89' •t55
Dan. Urb. Bl.A P. lstm. 7a, g. 20

|

...

pref.

BellevlllcA So. Ill.,pref
St. L.I. M A Southern...
St.

Chic.

.

special.

Saratoga.

.

Chicago

105

Pacific Railroads—
Central Pacific gold bonds.

Missouri Kansas A Texas.
New Jersey Southern
N.T. New Haven A Hart.
Ohio A Mlsslss'ppl.pref
Pitts. Ft. W. A Ch.,guar..

do

do

Grand Trunk..

A

American Central

equipment bonds.

New Jersey Southern

Illinois

105),-

109
:os

M

Laf

Chicago

Renaaelaer

lBtm.88.

.

Peoria

w

.

Etiepref
Indlanap. Cin.

do
do

\

do

(Actirepre'i'uilyquoCd.)

Effi

.Mich. Cent., consol. 7&, 1902....
|

N. Y. Central

registered

Railroad Stocks

new bds

& Erie, new bonds..
& State Line 7b

HI

.

8a.

R. Valley 8s

A Warsaw Bs

Chic. Dub.

& Ash., old bds

do

'

A Fox

Oulncy

109

.

Virginia—
6a,old

112

new bonds

Kalamazoo & "W. Pigeon, 1st H6
Det. Mon.t* Tol.,lst7i. 1906. 103 J*
10H1.L,
Lake Shore DIv. bonds...
Cons. coup.. Ut, re«2
do
do
Cons, reg., 1st..
do
Cons, coup., 2d.,
93
do
Cons, reg., 2d
W>
Marietta* Cin. Ut mort......

4't

new
new series

102).i

M

Union

do
do
do
do

1114

Int. certlts

Dixon Peoria A Han.

O. O.

Cleve. P'vllle

1889, A. A O..
7aof 1888
Non-fundable bonda
Tennessee 6s, old

with

18

Central Pacific, 7s, gold, conv. 1)5
Montgomery 8s
Central of Iowa lstm. 7s, gold. SB
30
Keokuk A St. Paul 8s ...* - * 101
10144 Nashville 6s, old
do
6s,new
Carthage A Bur. 8a ...
lO'M 102

2d mort...

do

act, 1866
13ri9, J.
J...

Land C,

do
do

do

10

1st mort..

6s,

10!

84
64
96

Atlanta.Ga., 7a

.

M

88
'98

guar "05

STATES.

109H

7s...

2am.
Canada Southern, lstm

MM

Mich. So. 7 p. c. 2d mort.....
Mich 8. A N. Ind.. S.F..7 p.c,
Cleve. A Tol. sinking fund

6a..

LandC,

do

„

2d,

Georgia «a of 1889
South Carolina new conaol. Us.
Tcxas«s,1892
M.48.

3d S., do 8s... 100
4th8.,do8....t 100
5thS..do8s...t ida

California Pac. RR., 7s, gold

lO.'l

p.c

8

Alabama new consols, Claaa A
do
do
Claaa B

I

.

m.

Rlv., land

do

A Newark Sa.
A T. H. let.

{Brokers' Quotations.)

ioa
toe

6th S., do 8a...
Bur.C. R.A N. (Mll.)g. 7a....
CalroA Fulton, 1st 7a, gold...

8s, conv. mort.
Central—
Dubuque & Slonx City.lBt m.
do
do lid dlv.
Cedar Y. A Minn., 1st mort.

BL A W.,

1.

10

Illinois

Indlanap.

t

-'5

A Mo.

A0
98

8a...

Sonthern Securltiea.

long... -TH3J4
t 103

Atchl*on

do
do
do
do

.

Ohio 6a, 1881
do 6s,:886

117

106
108
MO
115

AHantlc
Bur.

1st.

new

95

19

A So'eaatern 1st 7s, gold.
A I. Mt. (Ark. Br.) 7a. g.
South. Cent, of N. Y. 7a, guar.
Union A Logansport 7a

M7

9Jj

Il03

RAILROADS.
A P. Peak, 6«, gold.
A Pacific L. G. 6s, gld
Atchison A Nebraska, 3 p. c.

106),

do

1".

Special tax, Class 1
Claaa i
do
Class 3
do

Funding

E,

m., 1877..
large bds.
bds, 1916
Bt. Jo., land grantB

do
do

AO

A.

A

Buff. N. Y.

a.

t
t

Toledo 8s. 1877-'89
Toledo IJOs.
88

10

Loula Vandalla

Mercant. Trust real

1U

HOiJ

07H Yonkers Water, due ISM

114

90

gold..
West Wisconsin 7a, gold. ..
Wlecunsln Cent., 1st, 7a

I'onghkecpsle Water
\ 109
liochesterC. Water bds., 1903t ill

m

14

6a*

7a, lat

Walklll Valley 1st

t|103
t 97
t 113

,s,

mort.

lat

II

C. Bl. lat mort. 10a

do

t

various

Water

do
Oawego7s

.

do

A

Jo.

do
Sandusky Mans.
St.

107

1885-93

6a,

11. I.

V9
98

80

bda., 8a, <th series
A St. L. 1st 7s, gld

Southern Minn,

SL

t 112
t 103

Indianapolis 7.80a

do Sd do 7s, 18S3
do 4th do 78,18*)
do ftth do 78,1888
do 7s, cons., mort., gold bds
do Long Dock bonds

1»«

J.AJ....
do
.. ..A.AO...
do coup, off, j. A J..
do do off, A. A O.
Funding act, 866
1868
do

do

27*

St. L.
St. L.

JlOBX Long Island City
Newark CIty7e long

2d mort
bonds, 1900....
construction.
7b, of 1871 ...
Ut con. guar.
Brie, 1st mort., extended
do
do
endorsed
do 2dmort.,?B, 1819
...

SJ
A O

Rockf.

i.i.i.

Detroit Water Works 7a
Kllzabcth City, 1880-95

*

M

conv.

7a.

lltondout A Oswego 7s, gold.
Sioux City A Pacific 6a

95
94

005%

7s, sewerage
t 109
7s, water
t low}.'
7s, river Improvem't t 109
llll
Cleveland 7«, long
+ 107k Ill

Hartford

2d

recelv'a ctfa.(labor)

do

,

do
do
do

do
do
do
do
do

.

M7
»7
M0

CITIES.

m.

0U

lat..".

Peoria A Hock I. 7a, gold
Port Huron A L.M. fa, g. end.
Pullman Palace Car Co. atock.

(Brokers' UunlaUons.)

WeBtern, vd m.
7s, con v.
do
Essox, 1st.

A

Morris

do coup.. '867
do loan. ..1883
do do .1891
do do
;(n
do do
18S3
North Carolinado

St. L.

Albany, N. Y.. «a
Buffalo Water, long
Chicago 6s, long datea

2d mort

A

liSI
do
do
1877
do coop. 7s, !6M
re|(. 7, 1891
do

ffllacellaneoua

Ind's 1st in. 7s, S. F.
consol. m. bond.

Del. Lack.

gold, reg.... 1897

's, Old. J.

*

St. Peters, 1st m..

reft

Long Island HIS., let mort. ..
South Pacific Railroad, 1st m
A San F., 2d in class \.
do
do
class B
do
do
class C.
«*K
South Side, L. I., 1st m. bonds,
do
sink, run j..

»m

Galena A Chicago Extended.

7a, 18J0

Missouri

•a,
6a,
««,
6i,
6a,
6a.

do
do
do
do

mort. 8a

tut

do

coup iOl^

A N. Y. Air Line, lat m
A Chic, iBt m
A Hudson Canal, 1st in. ,'9: M\i

Del.

.

4.'.

8a, new
(a, floating debt
7a, Penitentiary
6a, levee...
8a, do
8a, do 187S
Be, of lilt).
7a, consolidated

do

do

Tel., 1900,

1

N. Y. 7s, gold

do
(other) SO
North. Pac. 1st m. Rl4. 7»-K> .. 11
Omaha A Southwesicrn lilt, aa 98
imwcko A Home 7s, guar .... 98
Peoria Pekln A J. lat mort ... ..,

m

Dec't'Mst

Bid. AiK.

7a

Y.AOaw.Mld.
do
do
do

Boston

.

.

Kentucky

NewJeraey A
N.

Cin. Lafayette

do
latconaol...
do con.conv.
Lehigh A Wilkes B.con.gnar
Am. Dock A Improve, bonds
Ch. Mil. A St. P. stm.Ss.P.D
do
do
2dm. 7 3-10, du
So
7s. gold, It. I)
do
Jo
1st is a
do
do
do
do
lat m., La C. D.
jo
do
lstm., I.A M.I).
do
do
1st in., I. A I)
do
lstm., H. A I),
|o
Jo
do
lstm., C. A M..
io
do
lat m., consol..
do
do
2d m.
do
Chic. A N. Western Blnk. fund
do
do
Int. bonds.
do
do
consol. bds
do
ext'n bde..
do
do
do
1st mort...
do
do
cp.gld.bda.
do
do
reg. do

4

A

Pekln Llnc'ln
Western Union

do
do

4

•aouaiTiia.
N.J. Midland 2d

B0

Lafayette Bl'n A Ml—., 1st m
Han. A Cent. Missouri, lstm

S. F. Inc. 6e, V>
6s, 19:7, coupon.
6*. 1917, rcgltt'd
J., lat in., new.

Central of N.

4

Bid.

do
2d mort., '03.
Oulncy A Toledo, lat m.. '10..
Illinois A So. Iowa, 1st mort
do
ex coupon

do consol. in. 7a
Saalnk'gf'J.A.AO
Chicago, Rk. lelano A Purine.

BO

YOltK.

Groat Wcatern, ex coupon

do
do

Sot

ISM
Arksr^asfis, funded.

aacuiiTias.

Alton, Income
Jollet A Chicago, '.St mort...
Louisiana A Mo., 1st m., guar
St. Louis Jack.A Chtc.lst in
Chic. llur. A U. 8 p. c, lat m.

88.1886

NEW

Price* repretent the per cent value, whatever the par m/j/ bt.

Ask

Bid.

A

Chicago

do

li-

sncoMTi as.

Bid. Ask.

Mate. Bondi.
Alaimna

a prtviout page.

active Railroad Stock* are Quoted on

nominal.

.

ifl

\«
.-.a

76
I'M.
to

-

SECURITIES.

NEW YORK LOCAL
Bank
c

Companies,
S

American Exch
....
Bowery
Brewers'

ion

-

4 Gro'a"

Broadway
Head
ButcherB4Drov..
Central

Chatham
Citizens'
City..

Continental

Grocers"

Id

Hanover
Harlem*

too
100

& Traders'

200,00)

mjK>

It
!S
1

IK

'500.000
100.0.0

50
.00

Leather Manuf
Manhattan*
Hannt. 4 Mercfe 4
Marine

2, 77.. .3
Ju'yll. 76. ..3

10

Apr.2.77.2X

12"
-':

l'xi.oeo

Mercantile

100

.Merchants

50

400.000
1,000,00c
ooo.noo
500.000
600.000
1,000,000
3,0)0,000

5"

1,000,00(1

100
100

500,000
3.OOO.0OO

Market
Mechanics
Mech. BkgAsso..
Mechanics & Trad

Oil
100

X

IX.

2!

Merchants' Ex....
Metropolis*
Metropolitan

MnrrayHlll*
Nassau*

inn
100

no
New York
New York County no
I

May 11, '77..
May 2. 77...
May 1, 77

N.Y.Nat.Exch.

ion

Ninth
North America*.
North River*....

100
100

7,l'0l

400,000
300,000
422.7O0

Oriental*
Pacific"

Park

173,4(10

Peoples*

1,000,00(1

Sixth
State olN.Y

200.000

Tenth

00,000

900,001
1,000.00(1

...

iooojm

Union
West Side*....

77. .8

1,500,000
200,001/1

131X

iao

..4

Knickerbocker...
Lafayette (B'klyn)

Lamar
Long
IK'S.

'.US

Mavl.

77...
July 2,77.. .3
July 2.77...
July 2. 77...

Mechanlcs'(Bklyn)
Mercantile
Merchants' ........

Nassau (B'klyn)..

New York

Feb.8,77.8X

Nlasara
North PJver
PaclAc
Park
Peter Cooper.

Feb.. 77. ..4
Jan. 2, 77.. .3

July 2. 77...
July 2, "77,
Jau.1,77.

J.
J. 4,1.
J.
J.

4

M.4N.

May

.1.4 J.

Jan. 2.77. .4

Republic
Resolute

1,77...

Brooklyn Gas Light Co
CltUens'GasCo (Bklyn)
9ertmcatc8
do
Harlem
Jersey City 4 Hoboken

25
10031

50

Manhattan
Metropolitan

do
do
Mutual, N.

vor

certificates

Y

bODJB

bonds
do
Nassau. Brooklyn

urn

-

scrip

New York
Central of

do
do

5,000,100

1000.000

25

l.lXXI.OOO

.,

var

,

in)

700,000
4,000,000

People's (Brooklyn)

do
do

500,000

4
4
M.4S

10

boml*

ton
var

certificates

H

New York

Williamsburg
do
scrip
Metropolitan. Brooklyn

5)1

Tal
in

1

J.

*

July

160

15

30
91
102

H

4 J.

98
100

1, *li

July, 71
Feb., -77.
Feb.. 77.

no

is»"

130

188

1011

June

110
91
108

103
108
95

1.73

Quar. 2X Apr.
1.4 J. 8X* Aug.,
3
Var
Jan.
1,

10
•3

I,

rU

May
May

,000,1100

M.&N
M.4N.
J. 4 J.

Jan.,

76

325.000
800.000

J.'4 J.

Jan!,'

77

4S6.0IXI

F.4 A.

1,000,000
1 000,000
l.HOO/'OO

130

April, 77.
Feb., 77

F.4A.

1.000.000

10001

tot

do

1,850,000

20
336,000 J.
J.
50 4,000,000 J.
J.
100 2,500.000 M.4 8

25
90
80

K.4A.
Quar,
J. * J

87*

Feb. 1,71
July, 71
Jan., 77.

1st

mi

mortgage

Broadway

tt

Seventh Aoe~ stk..

mortgage
Brooklyn Oitu— stock
Istmortgage
Broadway (Brooklyn)— stock...
Brooklyn tft Hunter's Pt— stock.
Istmortgage bonds
Bu»hwlck Av. {B'klyn)— stock..
antral Pk, JV. <E E. River— tin.
Consolidated mortgage bonus
1st

1000
100

900,000
694.000
2.100.000

urn

1,500,000

121

it

M. 4N. 2X May20.7'

10

IXW'000

1000
100

30)1,1100

100

uoo
100

J.4 J.
J.4 J.
J.4D.
Q-F.
M.4N.

Q-J.
200,000
400,000 A.
0.
800,000 J..4 J
600,100
1,810,000
J.
1,200.000 J. 41).
1,200,000
Q-F.

4

100
J.4
1000
100
Dry JJock,JS. B. dcBaltery—atk.
XX)
900.1
mortgage,
cona'd
*c
1st
3C0
100
1,000,000 J. 4. 1.
Eighth Arcni"!— stock
203,000 J.4 J
1000
Istmortgage
100
748,000
12<JS1. <t '/rand SI J>err-/-stock
236.IXXI A.40.
1000
lit mortgage
100
600,01X1
Central Croen 'Joum- stock. ...
200,1X1
1000
Istmortgage
100
250.00J
Howtton. Went HLAPavJ^y—iDt
Istmortgage
500
500,000 J.4 J.
100
1,199,51X1 Q.-F.
Second Arenur— stock
1000
Istmortgage
20,000 J.4D.
1000
150,000 A. 40.
3d mortgage
170,000 M.4N.
Coat. Convertlolc
1000
Extension
200,000 A. 4(1
500 4c
t
tiixlh.Anertac- stock
750,01X1 M.4N.
IO*
1000
415,000 J.4 J.
1st mortgage

J.4D
M.4N

m!4N

,

,

,

Third Ave-.nue—aloclL
Istmortgage

100
1000

Tirtmtiilhira Street— slocn.

lstmortCHife

*Thlj column shows

. .

.

1(F)

in

lait

2,000,(1X1
2 00)1,1X41

Q-F.
J.4J.

600,000 J
250.000

*

J.

MAN.

25
inn
25
50
100
100

Star
Sterling......
Stuyvesant...
Tradesmen's..
United States

M

2X Jan.,

'71

w

1895

Feb..

May.

so
100
155
KM)
115

April. '93

102X

Juoe,

'93

Jan

71

,

Jan., '84

200,000
200,000
200,000
2(X),0O0

91

N

uct.,

'83

May.

'77

May,

'77

1890

Feb ,
May.

'

'93

none

July,'7;..10

10
10
l*

July.

10
12

July,'77...6

15

12

1

10

10

10

Men. ,'77..

20

20
10

10

20

July. 77.li
Jan., 77..
Jan. '77.H

1711

:0

10

.0

Jan. ,77..
Jan.,77..5

1(0

10

2)

Jan., '77.10

165

10

10

Jan

77

10

11

II

Jan.. '17.11

H

,

10

:8

30
20

20

July, 77.10
Ju'y, 77.111
July, 77. .5
Jan.. 77.10
Juie,77..B!
July, '77.10
Jan., 7
July, '77.10

20

Feb. .71. 10
Ja-. 77
July, 77,
A' I., 77..
July, 77.li
July. 77.10
Jan. .77. 10
.July,
Jan., 77. Ill

10

20
10

17

n

20

n
25

12

:•,()

10

20

30

20

25

IS

20

8h
10-

11

10
10

10

10

111

10

11

170

140
iao'

180

17

125

^0

87
95

5X

July, 77. 5
Jan. 71.,

10

9t>

65
110
190

July", 76 .51

15

II

10
ID

10

18
25

t

US

,lan77.«-12l<

t

July.'Tl 7X
Feb ,77..

15

10

20

10

20

10
80
25

16

II.

I

10

Ijan., 71..5

14

192X
"six

16il'

11

10

140
140

iao'
1-0

July, 77.
Feb.. 77.10
20
12 w 13X July, 77. .8
1"
10
Feb., 77. .5

20

j"

96

.

20

10'

10

90
IS2

10
20

10

M

luly,''77

10

114

160

ISO
101
160

101
•51

10
IS

n

.10
13
llO

90
120
112
100

July, 77..
July, 77. .5

12

151.886
71.457
158,263
191,709
251 .537
201.451
4)6.650

5

'77.

10
10

10

M 9,251)

140
295
70
96
160
ISO
»1
110

luly, 77.,

Jan„'77..5
Jan. ,77..

W

Feb.,

5

6
5
6
7

I

Jan.,

100
163
175
155

'77. SI

[July, '77. 8

July, 71..

I

1

1

40

Wall Stre°t.l

Askd

UO

..1853-65.
1870.
1S75.
stock. . . 1860.
.

—

tMy—

May Aug. & Nov
do
do
do
do

do
do
do
do

do
do

do

1377-80
1377-79
1890
1883-90
1881-1911
1S84-1900
1907-11
1877-93
1877-95
1901
1905
1878
1894-97
1839
1879-90
1901
1S88
1879-82
1896

May 4 November.
Feb., May Aug.4 Nov

«
5
6

do

Mav 4 November.

7

«
«

Aug.4 Nov.
May 4 November

Feb., May,

7
•
7

do
do
do
do
do
January
do

V'

»>
r.

do
do
do
do
*io

4

July.

do

.Iri rtroner.

r*

January
do
do
do
do
do
do

...

1891

4 July,

isie-80
issi-95
1915-21
1903
1915

do
do
do
do
do
do

1902-100.5

1881-95
1880-83
1880
1921
1907-1912

an
do
January a July.
do
do

j*v—
Zabruki*
«
7

7
7
J

7

41

100
100

100X

11(1

100X

108
1 3
112
100

106
106
118

no

U«X

100
11*

107
119
107
102
119
105
117
112
105

106

mix
118
104
105
110

102X

112

107

IMX

108

1)9
108

111

1(2
104
116

108
110

118X

719

107

*

May 4 November.

llKl

105

20

22,680

Aqued'ctstock.1865.
pipes and mains...
reservoir bonds
Central paik bonds. .1853-57.

Jersey

90

uV

Jan.. 77..
Jan., 77. .5

132.114
410.016
1S9.0S3
219,330
122,2 15
?69 816
13;2»!
63.581
t 70.106
8,270
31.9SI
219.483
150.550
55,560

KB
1011

Jan- '77 .10

500,3'Jl

6

Brldgi

dividend on Hocks, but the date of maturity of Oomit

July.77..10

1)

City Securities.
Da mat, A. Mohan. Broker,

•Alt Bruoalyn bonds flat.
IQuotatlons by C.

105

1390

'0

N

2)9.5(8
128,169
841.235
2C0.544

Kings Co. bonds
do
do
Park bonds

Ml

SO

Am:.. 78.
"" .5
July.
July, 77.15

11)

125.411

..1852-60.

do

75

'88

-^

201,836
65,593
159,503
182.772
73.175
tl57,H18
110.327
185.46i
293,653
8l5."07
182,031
65.715
191,0(2

200,000
150,000
250,000

|r^;i5
1854-57.
waterstock.. 1845-51.

Julv.1894
April, 'H
'«

1

109,4 IS
61,099

21X1.000

Water stock
do
Crotou
do
Croton
do
io

City nonos

'77

to
10

1 117,568

1

US

77

Jan.,

Months Payable.

'.))

May,

10

20
10

l

200,000
200,000

135
115
75

'

41.293
1:8,366

yet- York:

Nov'.'.isOl

April,

Jan.. -77. .5

125

1NTKKKST.

Water loan.

Dec.

Jan.,77.7X
July. '77. .»

10

12

1,002.784

200 .000

Quotations by

SO
II

15

io
10

Water loan bonds
Brldpiebonda

72X

to

20
15

l05.6)-'6

200,000
800,000

,77.6-21

Apr., '77.11
July, '77 .7
Jan.. 77 .3
Feb., 77.10

11

11,184
57,663
112,197
50C.39I

Consolidated
Westchester County
^Quotations oy N.
hrooklyn— Local Lmpr'eru'l—
City bonds
»
do
I'irk bonds

in

Jan

N

6)l.«7

New

10

IX

16'J

Jan.. 71. .5
Jan.. 77. .5

10

35
»

5

691,800
135.012

.

Oct.,

10
'i

IN

T

1.S46

1MS^?Market stock
1869
stock
Improvement
v
....1869.
no
do
var.
bonds
Consolidated
var
Street Imp stock)
var.
do
do

May,
Nov.
Apl

111

;

1

Floating debt

71

,

10

F..1J..7
July.
July, 76..

'

j

do

1900

20

luly,77

10
10
10
31X1.000
10
Westchester...
2(1
20
J in.. 77.101
12
10
250.000
Williamsburg Clty^ 50
and tcrlp t 'lh-» fiUrpluS
Overall llabllllles. Including rc-lnsurance. capital
.'and'Thelagures' stand as actual net tmrplut.
VSued'bT8crirA's'deducte"
D
Continental, U'45 Standard, 11 55.

do
I

1U

'.OH

"S

none

200,lfJO

s
i

Dock bonds

*
Jan

Rutgers'..
Saievruard
St.Nlcholas...

90
220

111,00? 10
6,078
13J.145
155,156
10i,l61
16,153
96,000

106

SO
100
ISO
(0
96
90
95
125
102
72

[Quotations by H. L. Gbant, Broker, 145 Broadway.]
BtAecttr Sl.<* FultonFerrti— sia.

ion

Standard

Date.
July 2, 77
Jan.. '77

Var.
Var.
82O.0C0 A. 40.

2,000,000
1.200,000

Ridgewood

Feb. .77. 10
Jan.

10

SlV.Mt 20

ij5oo,ooo

.5

20

13,376
160.326

150,000

60
50
100
50
100
100

Belief

[Gas Quotations by George H. Prentiss, Broker, SO Broad Street.]

a
-

20

.

Jan.. '77.

June,77.10
Feb., 71..

20

211

t745,2S0

2O0,IXK)
150.1XK)

100

Jan.,

10

1-2,207

200,000
200,000
500.000
830,000
200,000

2!

People's.....

Gas and City Railroad Stocks and Bonds.
Gas Companies.

city...

.4

211

191, 160
172.151

21X1,000

100
100
100
50
25

Phenix (B'klyn)
Produce Exchange

Mayl0.77.3x
Jan.2 74.2XP
July 2,77..
July 2,"^

J.

50
50

1

National... ... ..-•
N. Y. Equitable...
New York Fire ..
N Y. 4 BoBton ..

UBX

M

(B'klyn).

Montauk

July.lS74.3X

J.

25
50
50

100
150

7T..5

,

Jan., 77.

20

t3?9,(H9

800,000
200.000
250,000
SOOJJOO
150.000
200,000
200,000
200.000
200,000
200.000
210,000

100
100

.

Jan

10

2:9.251

200,01X1

M

...•••••.

Manuf 4 Builders
Manhattan

Mech.4Trad'r»'....

Jan. 2, 77.. 8
July 5, '77..
Juiyl,'74.SX
July 2. '77... 5

Par Amount. Period

lsiand(Bkly.)

Lorlllard

10,77..

Feb. 1,77.. 4

•I

40
50
100
25
50

10

S('f,910

150,000
500,000
200,000
JOOJXXl
200,010
150,000
2SIHK.
150,000
200.000
180,000

Howard...........
lmporterB'4 Trad
Irving
••,••,
Jefferson
Kings Co. (B'klyn)

Apl., 77.
Jan., 77..

'5'

"so"

.5

11

411,936 20
28,806 »'

S.i'00,000

Hope

Jan. 1,77...

M.4.N.

4

Hoffman

Home

July2,77.3X

F.4A
J. 4 J.
J. 4 J.
J. 4 J.
4

Hanover

713).

F.'4A.

J.

Globe
Greenwich
Guaranty
Guardian
Hamilton

12JX

1,

15,°<00

266 000
132.600
49.300
71.200
271.200
38.800
188.S0O
15.400
178.400
441 .100
756,f00
85.400

300,000
800,000

Second
Bhoe and Leather.

4
4
4

J.

German-American
Germanla

2.

4
4

412,500
1,000.000
250.000
1,500,000
1,000,000

Republic
St. Nicholas
Seventh Ward

J
J.
J.
J.

.

Franklin..

July

May

——

Gebhard.
'

71.195
5,245
10,451
10»,S6S

200,010
200,000
201,000
150,000
150,000
21X.000
200.00n
1,000,000
5OOJ0O0
200,000
200.000
200,000
200,000
150,000
500.000
200,000

Firemen'sFund
Firemen's Trust...

1,71

227.EO0 Q-F.
440,500 J.
J.
16S.e00 J.
J.
m.eoo J.
J.

2,01X1,000

Phenlx
Produce*

4
4

33,900 J.
86.700 J.

Excnange

May
M»y

4

1U.300 J.

'200,00)0

July2,77..
Oct. 1,75.

10
8

51,200
8
681.-00 .1.4 J. 10
96.900 J.
J 114
16 000
7X

inm.liDo

1

A.4

200.000

Emporium

July2,'77...3
Jan. 3, 76.8X"

M.4N

WC

Empire City
Farrasut
Firemen's

50,1(6
TS58,328

1JJ00J3O0
900,000

Eagle

July 2. '77...
Feb. 10.77. .4
Julyl,75..3X
Jan. 8, 76. ..5
July 2, 71.3X
July 2, 77...
May 1. 77.2*

IK

Fire

Continental

July 2, 77.3X
Mcf..l,75..4
July 2, '77...
July 2, 71..

4

200,000'

commerce

Commercial

liia'.'i'Hi

J.*

1,060
3,000,000
200,000
300,000
1,500,000

Columbia

Feb. 1,71.. .8

J.4

1

.,

50

City
Clinton

Mayl.'77...5
Apr. 10,71. SK

J.

11,500 J.* J.
61,100 J.4 J.
385,800
J.
031,800 J.4 J.
93,100 M.4N.
311 500 M.4N.
210,500 M.4N.
873.000 J.
J.
230,(00
J
35.700 ,1.4 J.
919,00) J.4 .1

Citizens'.

Ap'r'.'i'.'W.'.'.S
July 2, '77.. .8

10

4

M'lst'rs

Brooklyn

78.. .3

6

A

M

6.'

;,•.,•

Broadway

7X July

416,500 J.'ft'.j.
600.000
2 050.1M' 1,191,400 F.4

50
.

4

Brewers'

77.15

Feb. 1,77.. .5

M.4S.
J.4 J

1S.1-00

i,7i7.eoo
121.100 J.
18,?00

500,00

1

30

Island City*

U'O.OOO
300.000
000,000
100.000

Bowery

ufy2.
Mayl.'77...5
July 16,'n..3

Sl.fOC
May.
4S.500 May.
13,000 M.4N.
8,200
10.300 j'ii'j',
124.200 J.4 J.

'200.WX

100
100

Greenwich*
Grand Central'....

Third
Tradesmen's

1,

A

Ger. American'
Ger. Exchange*,
Erermanla*

Arctic
Atlantic

is July 10,76. .2

M.4N.
A.4

Gallatin

Mav

10

Q—
Q—

Fourth
Fulton

July
July

77...
2, 77.. .4
2, 77...

"a" Jan'.

J.4
J.4

Fifth
Fifth Avenue*..
First

Amity

'75. .5

2,

Jan., 77

3M

411.850

200.000
200,000
400.000
200,000
200.000
200.000
200,000
800,000
200.000
JOOJXXl
iss.noo
800,000
210,000
250,000
800,000
200,000
200,000

American
American Exch'e..

'77...

7

&J

Bast River
Eleventh Ward*

Import.
Irving

10
100
8
20

F.4A.

Corn Exchange*
Dry GoodB*

J&IDA

uly2, 77..S

Q-F
&

—

Adriatic...

1,77.. 3
2. '77.. 6

Sept.l

J.4

28

123

11MX

•July

100
83
100
100 10,000.01X1 3,092,501 J.4 J
J
101)
100,000
9,100 J.
oo 1,250,000 184,100 J"
100 1,000 000
6W.40C
100 l.Ot m.ooi
31.10 J. ft J.
J.
76.S0J
25
350,001)
J.
19,60
23
200,000
J.
13,400
150,000
100
lon.ioo
121,500
100
j'.'
500.00"
100
497.900
-50,000
849.100 .1.4 J.
100
eoojwc SOS.GflO
10
0.
612.900
50 , 500,001
86.200 F.4
100 i ooojow

Chemical

July2,77...l

May
July

*

100

Ask,

Last Paid.

1875.

.819,200 J.4 J.
5.000,000 1,506,700 M.4N.
250 UK'
218.000 J.4 J.
ISO.OtO
2.900
1.000,011 1.223,(X0 J 4.J.
S.
S2.S00 M.
BOOJJOO
500,000
137.900 i. & J.
J.
1000,001
394,300
450,000
197,501 J.4 J.
800,01X1 808»,4'JO Bl-m'ly
600.01X'
176,300 ;.& J
1,000,000 1,491.100

10
25

Askc"

187411875

Period

:i,n\).i»'i

•r>

Bull's

Commercial*

(Quotations by E. 8. BAtiaY. broker. 65 Wall street.)
JJIVIDKND8.

PBICB.

DlVIDINDS.

si

OtMTS

Amount

a.

100
100
100

America*

Commerce

ttJ

Stock I.Ut.

IiiHiirance

Stock List.

B.tS

Marked thin (•)
are not National,

XXV.

[Vol.

THE CHRONICLE.

14

Montgomery St Jersey

January 4 July.
January 4 July.
do
do
Jan., May, July 4 Nov.
J.4 J. and J 4 D.
January and Julv.

,

'.90S

U'l

119

119X
109
1C8

17

112
109
lit

106

110

110
1IW

City.]

189S
1899-1902
1377-79
1891

1*M

lit
106 X

10IX

in*

110
101
109

111
102

110
ins

HI

no
105

July

7,

THE CHRONICLE.

1877.

15

Chicago Rock Island & Pacific.
{For the year ending March 31, 1876.)
The following brief history of the organization of this Company
and its various branches was given in the annual report lately

Invtetmtnts
AND
STATE. CITY AND CORPORATION FINANCES.

issued

:

The Chicago & Rock

Island Railroad Company was incorporated by special charter, granted by the Legislature of Illinois, in
1851. Its main line was completed in 1854, from the city of
Chicago to the city of Rock Island on the Mississippi River, a
distance of IS \ miles. In 1852, tbe Mississippi & Missouri Railroad Company was incorporated in Iowa, with power to build and
subscribers.
operate a railroad from the eastern line of the State, at Davenport,
by way of Des Moines, to Council Bluffs on the Missouri River.
* * *
In 1866, the mortgages executed by the Mississippi <Si
Missouri Railroad Company, to secure the payment of moneys
borrowed and expended in construction, were foreclosed, and its
The Quicksilver Mining Company.
property purchased by tije Chicago Rock Island ~h Pacific Rail{For the year ending Dee. 31, 1876.)
road Company of Iowa, a corporation organized in the interest of
The President's annual report has the following:
the Chicago & Rock Island Railroad Company. On the 20th of
Tbe monthly production bLowb an aggregate increase over the August, in that year, a consolidation was effected between the
year 1875 of over 50 per cent.
Illinois and Iowa Companies, under the name of the Chicago
This increase of production Is all the more gratifying when Rock Island & Pacific Railroad Company, by which the proptaken in connection with the fact that the absolute cost of pro- erties, rights and franchises o( both corporations were united.
duction of this larger amount is materially less than for the At that time tbe main line in Iowa extended from the city of
smaller product of the preceding year. The gratification is how- Davenport to Kellogg station, lorty miles east of the State capever lessened by the fact that the quicksilver marketed has ital, and distant from Davenport 130 miles. The bran;h known
been at a price less by nearly 24 per cent than even the low as the " Oskaloosa Branch" extended from Wilton Junction, by
prici's realized during the year 1875.
way of Muscatine, to Washington, the county Beat of WashingThe general improvement of the year to the mines and prop- ton County, in the State of Iowa, and was fifty miles in length.
erty has been of an important and substantial character, espec- In 1867-8-9, the main line was extended from Kellogg station,
ially is this true in regard to two capacious furnaces which do by way of Des Moines, to Council Bluffs, on the Missouri River, a
During the past year, $300,000 of the second further distance of 180 miles, the entire main line being opened
excellent work.
mortgage bonds of the company have been paid off and cancelled, for traffic in June, 1869.
leaving unpaid and outstanding $400,000. The report of the
In 1868, the Secretary of War was authorized by an act of
Secretary and Treasurer shows thai the value of the cash Congress to construct a new iron bridge over the Mississippi
items on hand at the close of the year is equivalent to the River at Rock Island, and to grant to this company a right of
sum of $550,000, more than enough to extinguish the entire way over the island and bridge.
indebtedness of the company. The amount paid in extinguishIn 1872, the Oskaloosa Branch was extended from Washington
ment of the bonded debt of the company, with interest thereon, to Sigourney, the county seat of Keokuk County, a distance of
during the past four years, together with the value of the quick- 2Si miles in 1875, from Sigournev to Oskaloosa, the county seat
silver, and the actual cash on band Dec. 31, 1876, make the sum
of Mahaska County, a distance of 25 miles in 1876, to Knoxof $1,700,000, equal to four and a quarter per cent per annum ville, the county seat of Marion County, a distance of 24$ miles,
entire
during
that
upon the
capital Block
time.
The debt is now making the entire length of the " Oskaloosa Branch," from Wilpractically extinguished, the mines were never before producing ton to Knoxville, 128 miles. This branch, with the Indianolaand
so much quicksilver at so small a cost, their condition is most Winterset lines, passes through or into eight of the best counties
excellent and promising, and, on the whole, it would seem as of Iowa, lying in tbe third tier north of the State line.
though your prospects were such that you can be safely and sinIn 1874, a corporation known as the Oalumet & Chicago Carai
cerely congratulated.
& Dock Company, having graded a road from a poiat on the line
MANAOEIt'8 ACCOUNT FOB 1876.
of this company's road to the harbor at the mouth of the Calumet
Cash balance due the company Dec. 31, 1S"5
154,457 River, 6J miles, proposed to convey it, with right of way, to this
company, provided it would lay the track and complete and
Cash receipts 1876
operate the road.
This proposition was accepted, and the transQuicksilver sales \<?'M flasks at $19 53
$739,470
Advances on consignments
fer completed, and this is known as the South Chicago Branch.
10.8C0
Interest oh deposits and discounts on silver and purchases.
9,469
In 1854, the Peoria & Bureau.Valley Railroad Company comRents and privileges
19,8ft!
pleted its railroad from Bureau Junction, on the line of the
Woodland, for wood cut
2,118
A
Profits on materials and labor
Chicago & Rock Island, to Peoria, a distance of 46$ miles.
1,021
Virginia City lot sold
l.eoo
contract was entered into between the two companies, whereby
$783,740 the
Rock Island became the lessee of the entire property and
$338,167 franchises of the Peoria & Bureau Valley Railroad, in perpetuity,
at an annual rental of $125,000.
Cash expenditures
Southwestern Railway Company, a corIn 1869, the Chicago
Mine pay rolls
$269,835
Hacienda rolls
50,430
poration organized under the laws of Iowa and Missouri, comImprovement pay rolls
30,702
menced the construction of its road from Washington, on the
Materials and supplies
131,770
Oskaloosa Branch, to a point in the State of Missouri, on the
Miscellaneous ana taxes
30,334
Legal expenses
11,307
eaBt bank of the Missouri River, nearly opposite the city of
Advances on quicksilver repaid
57.600
Leavenworth.
Remittances to New York office
500.000
On tbe firet day of October of that year, a formal contract was
Exchange on same
1,820
executed between the parlies, and on the sixth day of the same
778,801
Balance
..
64,390
month, the bonds, and a mortgage by which they were Becured,
were executed. By the express terms of the mortgage it was
$8a8,i!)T
The net receipts from sales In 1576 were 18,706 flasks at $39 53
$739,4"0 provided that if this company should be required, in the performThe net receipts from sales in 1575* were 18,318 flasks at $55 54
741,657
ance of its contract or guaranty, to pay either principal or interest
Increase In number of flasks sold in 1876, 5,353.
of the bonds, it should be subrogated to the rights of tbe original
Decrease in average value per flask in 1876, $16 01.
holders, and should have the right to demand a foreclosure of the
Decrease in amount received from Bales 1876, $2,187 61.
mortgage for its benefit. As the railway was constructed, it was
• Sales for 1874 and 1875 were incorrectly stated In last report, advances and
turned over to this company for operation, on account of the
losses by Ore having been deducted.
The main line was completed late in
Southwestern Company.
The price of quicksilver was unfavorable throughout the year
1871.
Its entire length, from Washington to the Missouri river,
in San Francisco sales were made in July at 40 cents per pound, opposite Leavenworth, is 269 miles.
While it was being built,
which is the lowest price on record in that market.
the Southwestern Company arranged for the construction of a
As nearly as can be ascertained, the production of the State in branch from Edgerton Junction, on the main line, to a point on
1876 was 75,000 flasks, a gain of 22,000 over 1875. The reported the Missouri river, opposite Atchison, Kansas, and for the purexports by sea were 41,140 flasks, valued at $1,640,424, against pose of raising money to be used in such construction, issued
28,960 flasks, valued at $1,704,417 in 1875. 24,526 flasks of this bonds for $1,000,000, and secured the same by a mortgage, which
quantity, or 50 61 100 per cent, were exported to China. If to was declared to be a first lien upon the branch and a second lien
the exports by sea, 41,140 flasks, we add 7,693 flasks overland upon the main line. These bonds were not guaranteed, either
shipments by rail, we have a total export of 48333 flasks, leav- directly or indirectly, by this company. Upon the completion of
ing for consumption in California and Nevada 26,167 flasks.
the main line and branch, the Southwestern Company ceased to
pay interest upon either class of bonds. Thin company made proBALANCE SHEET, DECEMBER 31, 1876.
vision for the payment of the interest coupons upon those bonds
Dr.
Woodlands
Real estate and mining prop$16,000 secured by the first mortgage, as they matured, and continued to
erty
$11,047,875 Quicksilver on hand
) 23,830
operate the Southwestern roads upon the account of that comConvertible bond Btock
71,000 Ore
181,010
pany. Not being able to make any permanent arrangement
Railroads
76,465 David Mabany,
Treasurer,
which would be satisfactory , this company, in 1874, required the
Furnaces
cash and loans
193,060
88,677
Furniture
4,000 James B. Randol, Manager,
trustees to proceed with a foreclosure of the mortgage of the
Machinery and tools
cash
61,111
84,396
main line as to the interest it had paid in the performance of ita
Houses and lands
156,686
In compliance with this demand, the
Materials and supplies
66,137
$12,181,189 contract of guaranty.
Miscellaneous property
11,948
trustees, in March, 1874, filed a bill in the Circuit Court of the
Or.
Doited States for the district of Iowa, praying such foreclosure:
Cap. stock, pref. $4,991,300
Income account
$1 ,781,139 A number of tbe Atchison Branch bondholders intervened and
Cap. stoci. com. 6,708,700— lO.OOO.Ot'O
resisted the application, claiming that this companj had assumed
Mortgage bonds
400,000
" Inventors' Supplement"

published on the last Saturday
of each month, and furnished to all regular subscribers of the
CnRONici.K. No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular

The

Is

1

ANNUAL REPORTS.

;

;

,

.

&

,

'

;

I

1

$13,181,139

THE CHRONlCLk

16

the payment of the principal and interest of the Atchison Branch
bonds." Issues were joined, evidence taken, and the cause was
tried in August, 1875, when a decree was entered which fully
sustained the position of this company, holding that there was
no liability upon its part for either the principal or interest of the
Atchison branch bonds, ordering a foreclosure of the mortgage as
to, and a sale of, the main line, and cutting off all lien thereon
under the Atchison Branch mortgage. It also found that the
Southwestern Company was a general debtor to this company on
an .accounting in which it was debited with all Bums paid to
that date, for the operation and improvement of its lines, and
credited with all sums received for the transportation of persons
and property over them. From this decree an appeal was taken
to the Supreme Court of the United States by the Atchison Branch
bondholders, and the latter court affirmed the decree of the circuit court in every essential particular.
In 1871, the Des Moines Indianola & Missouri Railroad Company commenced the construction of its> railroad, from a point on
the main line of this company's road in the city of Des Moines to
Indianola, a distance of about twenty-two miles. For the purpose
of raising money to be used in this construction, it issued its
bonds for the sum of $300,060, secured by first mortgage upon
its entire property.
This company became the owner of these
bonds, and commenced the operation of the road as completed,
upon an agreement to apply net earnings in payment of interest
on the bonds. The net earnings of the line were not sufficient to
pay in full the interest accruing, and proceedings for foreclosure
have been commenced, and are now pending in the Circuit Court
of the United States for the District of Iowa.
In 1872, the Des Moines Winterset & Southwestern Railway
Company constructed a railroad from Summerset, on the line of
the railroad laBt mentioned, to Winterset in Madison county, a
distance of about 26 miles. While the construction was in progress, it issued its bonds for the sum of $500,000, secured by
mortgage upon its entire property. These bonds became the
property of this company, and proceedings having been instituted
in the Circuit Court of the United States for the District of Iowa,
for a foreclosure, a decree has been entered in accordance with
the prayer of the petition. A sale of the property under the
decree will be made in a few months.
The two last-named
branches have proved quite valuable as feeders to the main line.
In August, 1876, the Iowa Southern & Missouri Northern Railroad Company was duly incorporated, with full power to purchase the main line of the Chicago & Southwestern, the Des
Moines Indianola & Missouri, and the Des Moines Winterset &
Southwestern railroads. In September, it made an arrangement
by which it received from the Southwestern Company a conveyance of its main line, sub'ject to the above-mentioned decree, and
the rights of the holders of the outstanding bonds. The consideration paid to the Southwestern Company for the transfer was
an entry of satisfaction of the amount of the judgment for the
general debt to the Chicago Rock Island & Pacific Railroad Company, before mentioned, the Iowa Southern & Missouri Northern
having completed arrangements with this company for such
application of that indebtedness; On the 1st of November of the
same year, a sale was made under the decree of foreclosure of the
same property, and the same company became the purchaser.
Payment therefor was made, mainly, with the coupons which
had been paid by the Chicago Rock Island 6 Pacific Railroad
Company in the performance of its contract of guaranty, and covered by the decree of foreclosure. The same company has also
purchased of the Des Moines Indianola & Missouri Railroad Company its railroad, extending from Des Moines to Indianola, using
in payment therefor certain assets which had been transferred to
it by the Chicago Rock Island & Pacific Railroad Company.
It
has also completed arrangements for the purchase of the Des
Moines Winterset & Southwestern Railroad, when the same
shall be sold at judicial sale. The capital stock of the Iowa
Southern and Missouri Northern Railroad Company now amounts
to $3,200,600, and all but a few shares are under the absolute
control of this company. This places the property of that corporation under the control of this, and it will hereafter be operated as a part of the property of this company.
From the foregoing statement, it will be seen that the property
owned, leased or controlled by this company, at the date of this
report, is as follows:
Chicago to Cour.cll B'nffs (Main Line)
500W miles
Peoria & Bureau Valley Railroad (Brunch)
" '
46J?
Okaloosa Brand!
,
US
!"'."""
Indianola & Winterset Branch...
'*
48
South Chicago Branch
"
9
......"
Chicago & Southwestern R'y, including Fort Leavenworth RR. S71
•
1,003

[Vol.

—

New York & Erie. Proposals for the bonds offered
company were opened on Saturday. The total amount of
proposals received was $2,688,000, at from par and accrued interest to 108i, and the whole loan was awarded to Messrs. Perkins,
Buffalo

by

this

Livingston, Post & Co. at from 102 55-100, cash, or its equivalent
The bonds are issued to take
in old bonds, to 106J and interest.
up old bonds maturing December 1, 1877, and do not increase the
debt of the company.

Chicago Pekin & South western.— Mr. F. E. Hinckley, having
been appointed by the Circuit Court of Grundy County receiver
of this railroad, has taken possession of all its property and
effects.

Cincinnati Southern.

Common

—A

Company

of the

:

satisfactory to the citizens. Sometime ago, a syndicate, composed
of leading capitalists and railroad men, took a controlling share
of the stock in the' Common Carrier Company, in expectation of

advancing the $2,250,000 necessary to complete the road and
securing the permanent lease. Thev discovered, however, upon
investigation, that there was nothing present or prospective to
secure their investment, even the future income of the road
having been mortgaged for the original bondholders. Thereupon
the most of their stock was withdrawn, and the taxpayers made
the interesting discovery that there was no way of finishing the
road and saving the $16,000,000 already invested, except by
The completed section
voting two or three additional millions.
will be operated under the new lease, and is 160 miles long, and
extends nearly through Kentucky."

Gilman Clinton & Springfield.— This railroad, it is reported,
has passed under the control of the Illinois Central Railroad.
Lake Shore & Michigan Southern.— The

:

Gross earnings, June, partly estimated
Operating expenses and taxes

$6,414,200
4,709,000

N.it earnings
Six months' interest on funded debt, rental of leased
dividend of August 1 on guaranteed stock

Pacific Telegraph.— The wires of this company
were to reach New Orleans by July 5, and by August 5 the company, it is said, will be in direct communication with Memphis
'
Tenn., over its own wires.

Lowell

—The

$1,725,2C0
lines,

and
1,371.000

Balance

$354,008

the cost of about 7,000 tons
By reason of the destruction
of steel rails substituted for iron.
of the Ashtabula Bridge, and the heavy enow storms in January
and February, traffic during those months was nearly suspended.
Tbe road, machinery and property have been fully maintained in
all respects, and in first-class condition.
The company has no
floating debt, nor any outstanding obligations in thai nature.
The World compares the figures with 1876 and 1875 as follows

Included in operating expenses

is

:

First six months.

1875.
$6,926,orO

Gross earnings
Operating expenses and taxes

Netearnings
Interest, rents,

&c

1877.
$6,434,200
4,709.000

1S76.

5,4b7,000

$7,004,000
4,594.000

$1,453,000
1,405,000

$2,410,000
1,375,000

$48,000

$1,035,000

Balance

$1,725,200
1,371,1)00

$354,200

Lake Superior & Mississippi.— The purchasers

of this road

at foreclosure sale met at St. Paul, Minn., June 27, and organized
a new corporation to be known as the St. Paul & Duluth Railroad

Company.

—

Lexington & St. Lonis. This road was recently sold in bankruptcy proceedings and a new company organized. It is said that
the Missouri Pacific, which haB operated the road, has concluded
a ten-year lease of the property from the new company.
Louisville Cincinnati
May is as follows

for

&

— The

Lexington.

Auditor's report

:

Passenger earnings
Freight
Express, mail, &c

1877.

1876.

1875.

$86,223
47,225

$39,1^9

$46,230
36,349

42,911
6,973

7,221

Total

6,691

$89,084

Expenses and renewals

$90,675
61,806

61,163

*8»,2!1
61,692

Netearnings
Taxes, rentals and improvements

$25,863

$27,920

$24,578

6,580
$2.',337

7,986

8,299

$19,934

$16,279

Merchants' Bank of Canada.— The Directors'
July

2, 1877,

has the following

The whole

&

met on

directors

Tuesday, and the following report from the Auditor, as to the
business of the six months ending with the 30th, was presented

Amount
Amount

of tbe operations brought under the notice of the
as follows, viz.
:

at credit of rest lost year
at credit of contingent fund

Total
Profits of half-year ending 80th

$1,000 000

November

$1 1C9.339
".'.
.

.

.

$330 8:5
185,952—

. .

,

,

,

,

previous

'

44.952

May

'222!s55

_
to February

$1,377,116

net profits of half-year ending 31st

~
^
Deduct
appropriations

I(i9i339

]

Less dividend of 3X percent

Add

report, dated

:

may be Bummarized

shareholders

Atlantic & Great Western.— The Supreme Court of the State
of Ohio has decided adversely to the United States Rolling Stock
Company upon its appeal in the matter of its claim against the
Atlantic & Great Western Railroad Company.
The amount in
question was over $2,000,000.

Boston

of stock in the

Cincinnati

miles.

GENERAL INVESTMENT NEWS.

&

amount

sufficient

Southern Railroad
has been subscribed to secure a temporary lease with the trustees,
and the completed portion ox the road will soon be put into operThe N. T. Times despatch says " Late developments in
ation.
connection with this great enterprise have been anything but
Carrier

Netproflts

Atlantic

XXV.

Deduct appropriations in February

remainder (nearly $400,000) of the
$7>0,000 loan authorized last year, for the purpose of paying off Apparent surplus on 31st May
or funding the floating debt, has been taken by the banking firm
On the other hand, there has been written
Of George Wm. Ballou & Co., of New York and Boston.
since then

,"

$35,593
64l',67S

676,872

$700,244

off

and appropriated

.Ii

r.v 7,

THE CHRONICLE.

1877. J

Irrecoverable debts written off

Appropriated for loss on sundry accounts of a

$63),000

known donbtfol

character

For losses In New York office
.1 expenses attending Quebec loan
Detroit and Milwaukee bonds, I8SS, written oft*
Detroit and Milwaukee 1st and 4d bonds, shriukageon reduction to
quoted value
.

Total.

Reduction

bauk

193,700
»S8,'«00

41,000
953,700

$l.9O»,W0

.

ol

55.1,000

preralaca account

87,400

Appropriation for undeveloped contingencies.

$t,S78,A00
710,000

17

have reorganized. The directors are Lewis May,
H. Guion, John II. Cheever, Joseph 8eligman,
Lewis Roberts,
St °u,' Grosvenor P. Lowrey, John Q. Hoyt.
Robert H. Gallair 9t
,°P uer Meyer, James B. Ford, PhiJo C. Calhoun

closure,

Wm..

A

T"7' «
John
W. Ellis, who unanimously elected the following officersand
of
the company: Andrew V. 8tout President;
Joseph Beligman
'

Treasurer; Calvin Goddard, Secretary. The name of the
re-'
organized company is the New York Westchester &
Putnam

Railway Company,

New York

City Assessments.— The Board of Aldermen met
week as the Board of Supervisors, and received the tax
books for the year 1877, as required bv the charter.
They also
received the statement from the Department of Taxes,
Bhowing
last

$3,748,500
700,514

Deduct apparent surplus as above.

$1,046,458

We

have, therefore, remaining the Bum of $2,026,256 at the
debit of profit and loss, to be ultimately deducted from capital
account. This would leave the capital account, $6,170,000, and
the contingent fund, $750,000, the former being about 73 cents
per dollar of the capital that has been paid in, and the latter
about 12 perceDt of the capital at the reduced estimate.
Under these circumstances, your directors submit that, in their
opinion, it will therefore be advisable to ask for the authority of
Parliament to reduce the capital account to such an amount as
may be determined, corresponding with the Bum actually available for use.
Mr. George Hague, the General Manager, says in his report
"With regard to the dividend-earning power of the bank in
future, there is no reason tojdoubt that, with the number of valuable accouats on its books and the many friends and stockholders
who will doubtless continue to assist it with their influence, its
profits may admit of a dividend of seven and a half or eight'per
cent being paid, and a moderate amount in addition regularly set
aside for the Rest.
This is on the supposition that the difficult
times through which we are passing maybe prolonged somewhat
further. But should Providence favor the country with a bountiful harvest, and a revival take place in other branches
of
industry, it is probable better results than this may be reached
and that the seventy-five dollar shares may be worth a hundred
'dollars, and that before the lapse of many years.
:

—

Mobile & Ohio. The decree entered at Mobile, on June 15
1877, in the Circuit Court of the United States, appoints James
Gillette and Thomas H. Herndon special masters to sell the road

under the first mortgage, provided the amounts due are not paid
prior to August 1.
The sale is to be advertised eight weeks. If
the property is bought for the parties joining in the agreement
of October 1, 1876, they shall permit other bondholders to join
until September 1, 1877. The decree further provides that
the
coupons of May and November, 1874, paid and now held by

the assessed valuation of real and personal property in this
City,
together with the increase or decrease from the valuation of
last
year.
The total valuation of real estate is $895,903,933 an
increase of $2,776,913 from last year; total personal
estate
$206,028, 160, a decrease of $12,598,019.
Total valuation, 1877
real and personal, $1,101,092,093. The Times Bays
of this « It is
understood that the decrease in the valuation of personal property
is owing to the distribution of the surplus
and the decrease in
the capital in the banks of this city. There is also a
decrease of
$156,000iu residentjand personal valuations, owing to the failures
during the year. The decrease in the valuation of property
owned by non-residents is $910,000. This decrease is said to be
owing to the fact that many non-residents have withdrawn their
capital. from the city, and also to the judicial decision exempting
certain personal property from taxation.
The increase in the
valuation of real estate is owing to the erection of new buildings.
The total amount to be raised by taxation is $28,434,269 48. This
indicates that the rate of taxation on the assessed valuation
of
the property will be $2 65 on $100."
:

New York & Oswego Midland.—The

sale of this railroad,

which was advertised to take place at Middletown, N. Y., Juna'
29, has been again postponed to Sept. 7, by Kenneth G. White
Master, pursuant to the order of Judge Blatchford.

Ohio & Mississippi.— The Daily Bulletin has the following
The Ohio & Mississippi Railway Company haying defaulted in
the payment of interest on their bonds, there is some apprehension that the Trustee for the holders of first mortgage
securities
sue for foreclosure. The second mortgage bondholders who
represent a capital of $10,000,000, are therefore anxious that their
interests in the matter should be protected, and they were asked

may

to confer at the office of Messrs. John Bloodgood & Co., on Broadway, as to the best course to be adopted. Mr. Bloodgood, in
response to some inquiries yesterday, said
"
have not'ac:

tually done anything so

We

beyond getting the views of those
interested.
We have not held any meeting, nor do we mean to
do so. Our object has been to get authority from the bondholders
far

Alexander Duncan, shall be held to have an equal lien with all
other overdue coupons. With regard to the lien of the Tennessee
to act in case the necessity should arise.
substitution bonds on the 118 miles of road in Tennessee,
We propose assessing
an the
bondholders at the rate of $3 per bond, for the purpose of
exception is made, the Court holding that it cannot decide'
the resisting
by legal means the absorption of the property by the
question, which is now pending before another Court. A reservafirst mortgage bondholders.
tion is alfo made as to the prior mortgago existing
Parties holding to the amount of
on the
$1,200,000 have already signified their willingness to join, but
Gainesville Branch. The Ketchum party gave notice of appeal
which the Court allowed, but required an appeal bond for $100 000 we want the remainder to come in. It is very desirable for their
own sake that they should as otherwise they will be debarred
to be filed to cover any damages which might result from
the from
any benefit we may gain, if we succeed." Mr. Bloodgood
delay consequent to the appeal.
added that he did not know what the final result of Receiver
Mr. Justice Bradley remarked on the question of admitting
all
King's
journey West had been.
the first mortgage bondholders of the Mobile & Ohio Railroad
Company to a participation in the purchase of the road and other
Padncah & Memphis.— The United States Court at Memphis
mortgaged property
has confirmed the recent sale, and directed the property to be
" It is evident that those who singly, or in combination,
hold a turned over to the purchasing trustees, and appointed said truslarge portion of the bonds, have a great advantage over
the tees as receivers till the delivery of title is complete.
minority for they can pay their own proportion of the purchase
Feoria & Rock Island.—Judge Drummond has made an order
money, which is much the largest, in bonds, and have only a
in the case of V. G. Thomas et al., vs. this Railroad, directing the
small amount of cash to pay; whilst the minority can only
pay Receiver, J. R. Hilliard, to borrow from R. R. Cable
a sum of
a Btnall proportion in bonds, and have a large amount to pay in
money not exceeding $45,000 with which to pay the taxes on the
cash, which, as a generality, they are totally unable
to pay
This practically puts it in the power of the majority to get tm road for the years 1873, 1874, 1875 and 1876 (except those taxes
,
the collection of which may have been enjoined by the Court), on
property at a large sacrifice, and turn the minority off with
a
mere pittance. This is inequitable, and to be avoided, if possible the following terms If the purchase made by Cable at the foreWe have examined this scheme, an if not perfectly equitable closure sale be confirmed, this money shall not be returned to Mr.
Cable, but shall be treated as paid by him in addition to his bid
we are unable to point out any want of fairness in it.
"Looking at the difficulties which beset the subject on every to complete his title to the road. But if the sale is not confirmed,
the money borrowed shall be treated as borrowed to carry out the
aide, we think that if we allow the non subscribing
bondholders purposes of the trust and returned accordingly.
to participate in the purchase of the property, should it
be made
in behalf of the reorganizing combination, on an
Rate of Interest on Mortgages. The announcement has
equal footing
been made that the Mutual Life Insurance Company has followed
with those who have joined it, that we shall have done all
that
we can do under the circumstances to protect their interests. We the example set by the Bowery Savings Bank in reducing the
do not wish to dictate these terms to the parties who propose to rate of interest on its loans from 7 to 6 per cent.
At the office of the Mutual, one of the officials informed a
purchase, but suggest that, in our judgment, the interest
of all
Timet reporter that the reduction from 7 to 6 per cent would
parties would be subserved by an arrangement of this
sort."
Montgomery & Eiifaala A press desnatch from Montgotnerv apply not only to loans contracted in the future, but to those
made in past years. A system of discrimination would be folio we
Ala., July 3, says
" The first mortgage bondholders
of the Montgomery & Eufaula Railroad have superseded the order of sale for in effecting these reductions, which would be only made in case
where the security was ample and the companies provided against
said road granted by Judge Woodson on June
6, given bond and
all contingencies.
All loans at 6 per cent would be kept well
taken the case to the Supreme Court of the United States.
The within the depreciated valuations of real estate, and, in fact, all
order of sale was to satisfy the claim of the South and
North applications for loans at reduced rates would be subjected to a
road for some $60,000. The suits by first and second mortgage
thorough and exhaustive scrutiuy. The total of the Mutual'!
bondholders for foreclosure have been consolidated, and by
con- loans on bond and mortgage en the 81st of December last waa
sent of all the parties, except the South and North road,
an order $00,836,200 (nearly 75 per cent of its assets), and the present
has been issued for the sale of the road on the second Monday
in
November, to pay the first and secood mortgages. The Bale is amount does not vary much from these figures.
At the office of the Equitable, the chief of the Interest Bureau
subject to the claim of the South and North road, as
it may be
stated that the company had, for the two months past, been
adjudicated by the Supreme Court."
loaning money on approved mortgages at 6 per cent., without
New York & Boston Railroad.— The bondholders of the New thinking it necessary to advertise the fact.
There was a general
York & Boston Railroad Company, whose partially-completed understanding among the large companies
regarding this reducline extends northward from Highbridge through
Westchester tion, and the smaller concerns would undoubtedly be compelled
And Putnam Counties, having purchased the road under fore- to follow their example,
;

:

I

—

—

:

THE CHRONICLE.

18

O O T T O N.

Commercial &imes.

&!)c

Fbiday. P. M.. July

6,

1877.

The intervention of a close holiday (the fourth of July), has
had its usual effect in a partial suspension of business this
week, but not to the same extent as in former y9ars. The Cotton
Exchange was closed for four days, but at other business centres
been
the interruption was but for a single day. There have
destructive storms in various parts of the country; the damage

Crop, as indicated

from the South to-night, is given below.
this evening (July 6), the total receipts
bales, against 6,519 bales last week, 8.526 bales the previous
week, and 8,526 bales three weeks since, making the total receipts
Bince the 1st of September, 1876, 3,941,758 bales, against 4,064,770
bales for the same period of 1875-6, showing a decrease since
The details of the receipts for
Sept. 1, 1876, of 120,012 bales.
this week (as per telegraph) and for the corresponding weeks of
five previous years are as follows :

however, teems to have been confined mainly to towns
Crop accounts are generally very good, and business prospects are still regarded with much satisfaction.
The following is a statement of the stocks of leadiDg articles
of domestic and foreign merchandise, at dates given

inflicted,

and

6, 1877.

by our telegrams
For the week endine
have reached 6,102

The Movement of the

"TjOMMERcTIirEPITOME.
Friday NiaHT, Jaly

XXV.

[Vol.

week at—

Receipts thlB

18V2.

1873.

1874.

1815.

1876.

1877.

villages.

Jaly
tcs.

Beef

Pork
Lard

and bbls.

Ws.

'.".'..'.

47,101
25,661
21,693
94,936
58,415
5,000
63.90S
14,206
152,000

bales.

hhds.
...bags.

bags.

»»"•

&c

nhds

Sngar

-

boxes.

gn.rar

bags, etc.

8u|ar. '.'.".'.'.".

hhds.
hhds.

Helado
Molasses, foreign
Molasses, domestic

bbls.

No.

Hides

bales.
bbls.
bhls.
bbls.

cotton.:::::::
Rosin.'.:..".

8pirit8 turpentine

l£ r
Rice,'

>>ags.

E.i: :..'..::
Rice, domestic
Linseed
Saltpetre

16,564
31,436
102,052
50,439
S0,0s6
90,il8
50,622
501,028
4,161
5,861
1,800
98.C00
137,000
45,913
3,161

905

.•

bales.
....bales.
bales.

Jote
Jntebntts
Manila hemp

9,700
19,100
72,4i7

bales

SUalhemp

8,195

»70

734

126

8:0

363

823

1,168
1,762

1,004

1,118

49S

}

27

95

828

433

352

3)3

203

842

360

339

89,801
87.3M)
21,279

23
2,421

3,206

1,565

1.

94,315
64.720
8,000
99,'.i29

18,398
235,558
1,680
8.287
7,f00
133,000
121,106
20,851
841
1,655
7,000
1,410
115,814

670

2,400

2,140

83

Norfolk

Total since Sept.

493

39

8,800

1,340

6

6

21

6

14

169

8S9

18

331

201

48

1,181

846

591

2,458

4,253

465

39

81

43

129

569

366

6,1C2

8.661

6,531

8,76?

15,181

4,673

&c

City Point,

[

11

1,352

2S,9';3

2,228
9,000
95,300
165,000
32,831
1.741
2,255
4,700
1,150
96,288
16, SOD
4,640
10,600
37,794
3,000

bbls.andtcs.
4,600
bags. 140,552
bags. 12.750

870

550

41

Jaly

660
50,372

tca

Touacco, foreign
Tobacco, domestic
Coffee, Rio
Coffee, other
Coffee, Java,

K

5.018
£3,893

2,973

120

986

1877.

1877.
June 1.

1876.

781

1,117

1.... !3, 944,758 4,064,770 3,464,465 3,773,2 10 3,538,636 2,6,97,472

The exports for the week ending this evening reach a total of
6,778 bales, of which 5,215 were to Great Britain, 350 to
France, and 1,213 to rest of the Continent, while the stocks as
Below are the
made up this evening are now 246,070 bales.
stocks and exports for the week, and also for the corresponding
week of last season:

1:1,000

4,631
14.630
41,587
1.1166

The course of the markets for pork and lard has been
upward. The future is regarded with more confidence.

Exported to
July

Great

6.

Stocks

France

Britain

slightly

New Orleans*.

are not excessive, and the outgo sufficient at present prices to
To-day,
promise their absorption as the season passes away.
mess pork was selling fairly on the spot at $14 25, and for future

Mobile

delivery the closing bids were $14 05 for August and $14 15 for
September. Lard was dull, and the advance of yesterday barely
maintained prime Western, $9 05@9 15 on the spot for new and
old, with bids at the close $9 25 for August, and $9 02 J Beller the
Bacon is dull. Cut meats have been fairly active at.5 Jc.
year.
for dry-salted shoulders, and 7c. for pickled rib bellies. Butter
has been dull, but closed steady for the finer grades. Cheese is
Tallow has
fairly active at 7@10c. for fair to choice factories.
been firmer, but closes quiet at 8@8Jc. for prime to choice.
Stearine has sold moderately at 10c. for prime Western.
Kentucky tobacco has been in fair demand, and the Bales of the
week aggregate 600 hhds., of which 100 for home consumption
and 500 for export. Prices have rather favored buyers, and lugs
are quoted at 34@54c and leaf at 64@15c. The movement in
seed leaf has been on a greatly reduced scale, and the transactions for the week are limited to 200 cases sundries, 4, 5@18c;
200 do. 1875 crop, New England, 10, 25@30c; 25 do. 1875 crop,

New York

Charleston.

this

Same
week

week.

1876.

Total

Week ending
Continent.
530

1,103

17,410

1,613

302

...

Savannah
Galvestont.

1,499

1,4)9

. .

535

200

1,185

SI

2,159

1,213

6,773

350

2,078

.

1877.

1876.

61,107

63.215

7,818

8,436

3,908

4,382

1,607

2,715

1.892

460

10,290

6.395

12,403 122,303 133,492

Norfolk.

Other ported

Stock.

692

4,9:1)

2,357

83,000

80,000

;

Pennsylvania, 26c; 33 do. 1874 crop, Pennsylvania, 13c; 66 do.
1875 crop, Ohio, 12c; 42 do. 1874-5 crop, Ohio, and 25 do. 1875
crop, California, on private terms. Spanish tobacco also quiet,
and sales are only 450 bales Havana at S0c@$l 10.
Rio coffee has been quiet but firm at 17@20Jc. for ordinary to
prime cargoes the stock at all ports yesterday was 137,578 bags,
of which 93,315 bags were here. Mild grades sold freely early in
the week at firm prices, but closed dull and nominal. Rice is
firmer at 6@74c for domestic. MolasseB has been quiet refining
stock, however, has been firmer, and 45c is now asked for 50
grocery grades have been nominal. Raw
test, with 42c bid
sugar was firmer early in the week, with a good trade, but is
now dull and merely nominal at 9|@9|c for fair to good refining: refined closes firm and more active hard grades, ll}@12c.
Ocean freights have been quiet and lower grain has latterly
been engaged for Liverpool by steam at 4d.; to Bristol by steam
at 5{1. per 60 lbs.; to London by sail at 5d. per 60 lbs., and to
Hull by steam at 5d. per 60 lb?.; cheese to Liverpool by steam at
60s.; hope to London by steam at 7s. 6d., and flour at 2s.
grain
;

;

;

;

;

;

Cork for orders at 4s. 3d. to Copenhagen at 5s. refined petroleum to Trieste at 4s. 10^d.; to Amsterdam at 4s. 3d.; to Java at
28ic for cases, and to direct ports in the Baltic at 4s. 6d.
Naval stores have been quiet and slightly depressed. Spirits
tnrpemine has been selling at 314c and strained rosin closes at
$1 85@1 95 for common to good. Petroleum was dull and more

to

or less depressed

till

to-day, when considerable business in
for August, the quotations for early

was done at 184c
delivery being 134@134c
refined

;

;

;

crude in bulk, 64c

Metals have been

quiet; ingot copper 194@19ic; 1,000 tons No. 1
iron sold at $19
Whiiskey closed nominal at $1
Fftid.

American pig
124@1 13, tax-

Total this week..
Total since Sept.

1

350

32,572 246,070 250,109

2,093.414 443,331 426,835 12,963,550 3,138,125

* Acw> Urleani.— Our telegram to-night from New Orleans snows that (oesides
above exports; the amount of cotton on shipboard and engaged for shipment at
that port 1b as follows: For Liverpool, 8,750 hales; for Havre, 9,000 bales: for
Continent, 1,250 bales; for coastwise ports, 210 bales; which, If deducted from
the stock, would leave 42,000 hale?, representing the quantity at the landing and in
presses unsold or awaiting orders.
t Galveston.— Our Galveston telegram shows (besides above exports) on shioboard at that port, not cleared: For Liverpool. '.,122 bales; for other foreign,
no bales for coastwise ports, no bales ; which, If deducted from the stock,
would leave remaining 9,171 bales.
$ The exports this week under the head of "other nets" Include, from Baltimore, 695 baies and 2S bags Sea Island to Liverpool, and 50 bales to Bremen; from
Boston, 1.355 bales to Liverpool, and 31 bales to St. John.
;

From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a decrease
in the exports this week of 25,794 bales, while the stocks to-night
are 4,099 bales less than tbey were at this time a year ago.
The following is our usual table showing the movement of cotton
at all the ports from Sept. 1 to June 29, the latest mail dates:
RECEIPTS
SINCE SEPT.

PORTS.

EXPORTED SINCE SEPT.
1.

1875.

1876.

Great

Other

Britain

forei'n

1

TO

Coast-

wise
Total.

Stock

Ports.

N. Orleans. 1,174,661 1,385.433 677,084 319,S2i 178,011 1174,917 169.983

64,051

356,666

363,483

145.597

25,163

44,922

215,682

140.871

8,4.38

Charlesl'n •

463,031

408,633

221,616

50,679

72,499

344,794

105,761

4,413

Savannah

..

478,774

513,573

233,515

14,742

50,052

293,309

138,567

2,4*9

Galveston*.

499,740

475,814

203,630

24,774

2\412 853.816

241,933

12,515

New York..

120,569

196,836

362,103

8,683

....

125,662

20,373

12,048

N. Carolina

128,383

101,571

23,357

2,511

Norfolk* ..
Other ports

549,359

436,536

109.692

147,085

107,062

111,605

}t>mt

VT.

397,629

20,373

....

1,393

10,606

86.474

90,619

1,602

1,221

112,515

429,375

....

16,061

127,666

7,900
30,500

423,621 296 ',802 1337,542

257,203

4.056.109 1931.406 428.506 C87.581 3105.558 1800,179

278,423

Tot. this yr. 8,938,656
Tnt,

26.838

J2088,199J447,981
*

* Uudertbe head of C/iarl&tton is included Port Koyal, 4c; under the head of
Galnenton is included ludtano. a, &c; under the head of Ncrfolt is Included City
Point. Sec.

These mail returns do not correspond precisely with the total of
the telegraphic figures, because in preparing them it is always
necessary to incorporate everv correction made »* the ports.
Cotton on the spot was early in the week quite feverish and
unsettled, with business on a reduced scale. On Saturday, quotations were marked up l-16c, and on Monday another sixteenth
was added, putting up middling uplands to 12 5-16c but the
latter advance was lost on Tuesday (as indeed it had been before
the close of Monday), middling uplands standing Tuesday at 124c
Since Tuesday, the 3d inst., the Cotton Exchange has been
;

July

THE CHRONICLE

1877.

7,

Yesterday, there was some inquiry at brokers' offices,
closed.
but at lower prices, which holders were not Inclined to accept.
To-day, the market was quiet but very firm. For future delivery,

were advancing on Saturday and early on Monday, but
soon took a downward turn, causing Monday and Tuesday both
The speculators for a rise seemed for
to record some decline.
the moment to have lost confidence, and did not meet the offers
to sell with the spirit which they have exhibited for a month
The later riionth9 exhibited the most weakness toward
past.
the close, owing to the greatly-improved reports from the growing crop, and the growing fear that the Russo-Turkish war
may be a prolonged struggle, even if it do not involve other
European powers. To-day, in private circles, futures were, a
turn dearer, with buyers at 12 20c. for August and 1195c. for
prices

The total sales for forward delivery for the week are 107,500
freeon board. For Immediate delivery the total
bales, including
sales foot up this week 1,782 bales, including 180 for export,
in transit.
1,484 for consumption, 168 for speculation, and
The following tables
bales were to arrive.
Of the above,
show the official quotations and sales for each day of the past week:

—

—

—

ALABAMA.

UPLANDS.

Sew

Classification.

Ordinary
..*)
BtrU-t Ordinary
liood Ordinary

11

8-16
II 7-16
11 11-16

lis

11-16

11

15-1C

12*

12

M6

12*
12*
IS*
13X

12 9-16
12 13-16
IS 3-6
13 15-16

July

3.

4.

Strict

121?

I3K

Fair

Th.
July

Ordinary
*
Strict Ordinary
Good Ordinary
Strict

Low

Good

4.

5

9-H I1X

Tues Wed.
July

July

8.

3-16
7-16

11

[ft*

12 3-16

1
o

I2X
12*
\i%
IS*

July

"X

12 1-10

July

6.

July

7-16
II -IB

.Wed.
Ijuly

4.

w

Th.

Frl.

5.

July

July

6.

5.

Frl.
July

6.

Sat.

Hon

l'ii.-«

J'neSO. July 2. July

Good Ordinary
Strict Good Ordinary..

io 7-:e

1-16

11

Low

Middling
Middling.. ..*.

S.

10 7-16
1-1«

:ox
ii*

U

II

July

4.

Frl.
July

6.

clo-ed.

SALES.
ro-rr/RES.

Con- Spec- Transump. ulat'n sit. Total.

Export.

5

18-16

SALRS OF SPOT AWD TRANSIT.

Spot Market
Cloaed.

Wed. Th.
July

Hollda ys-Ex

11 5-16

MARKET AND

1218

Augnst
September
October

12-2!
12-00

.

lota

higher,

lower.

12 3)
12 31

12-21
12-24
12 02

1T59

12- IS
11-7'

December..

11-40
11*41

11-48
11 49

Ja-iuary

U'SI

61
11-76

November

II

11-84
11-81

February
March

11-83

WSO

uold

105K

Kxchanxe ....

4

12-40

. .

.

Quiet, lower

.

Sales.

Dellv-

466

155

B

163

t.17

789
642

erlei.

851

S31

Hollda

ya-E

31.300
35,400
37,800

400
200

107.5U)

1.200

WO

xchan ge clos ed

5

ISO

I..3I

I.7S2

169

Fot forward delivery, the sales (including
free on board)
have reached during the week 107,500 bales (all middling or on
the basis of middliug), and the following is a statement of the
sales and prices
ror July,
bales.
SOU

ba'es.

cts

Cts.

.12- «

12 li

.12-31
.12-15
.12-39

•200

K-M

»to
BOO
700
500

11-21
1J-22
12-23
12-25

li»l

100
200
8.0
800
1,1141

12-33

1,300
200

12-36

7tV

U-9J

.12-37

l,l»l
400
8,100

11-93

11-95

l.TtO

ll-M

100
1,700
SO)

il-97

.

27,200 total

cts.

Sept.

105 '<

4B5X

63X

Frl.

1217

17-84
11 76
12 -ao

12 19
11-91
11-54
11-32
11-33
It'll
11-61
11-71
12-20

105H
4'9iH

105X
4-35H

1160
11)8
11-39
11 92

Holidays—
Exchange closed.

as made up by cable and
telegraph, is as follows. The continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (July G;, we add the item of exports
from the United States, including in it the exports of Friday

only:
1877.

1878.

1,0:3,000

1,006,000

Total Great Britain stock
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg

1874.

1875.

989,000

1,017,000

43,750

52,000

102,750

127,000

1,049,750

1,065,000

1,140,750

1,126,000

215,500

167,000

171,250

165,750

10,000

8,000

9,500

14,000

62,000

85,500

78,250

75.C0J

13,250

14,000

28,250

54,250

42,750

46,000

50,030

57,250

39,000

83,500

11,500

15,250

10,000

27,750

7,750

18,250

4,750

13,000

16,003

24,000

15,000

56,000

461,5C0

412,750

384,500

509,250

.1,511,250
Total European stocks.
India cotton afloat for Europe .... 364,000
American cotton afloat for Europe 173,000
Egypt, Brazil, &c.,afloat for E'rope 23,C00
246,070
Stock In United States ports

1,507,750

1,534,250

1,635,250

408,000

633,000

575,000

174,000

149,000

92,000

21,000

29,000

51,000

250,16}

168,552

218,541

31,729

16,500

Stock at Bremen
Stock at .Amsterdam
Stock at Rotterdam
Stock at Antwerp
,
Stock at other continental ports.

72,250

.

Interior ports

17,611

33,371

16,001

United States exports to-day

2,000

6,000

5,000

TJ. S.

.

.

3,000

300

.12-42
.12-13

1,500

1129
12- .9

.W.I

bales,
t
200
2'

I)

cts.
11-47

American and

5C0
5«)

11-54
11-55
11-56
11-57

50,600 total

652,0*

593,000

614,000

482,000

386,000

823,000

194,000

294,000

American afloat to Europe
United States stock
United States Interior stocks
United States expoi ts to-day

173,000
246,070
17,611

174,000
250,169
31.371
0.0UJ

149,000
168,552
16.001
5,000

92,000
218,541
31.729
3,000

bales.1,476,681
Total American
East Indian, Brazil, dkc—
354,000
Liverpool stock
43.750
London stock
75,500
Continental stocks
354,000
Indiaafloat for Europe..:
23,000
Egypt, Brazil, iSsc, afloat

1,379,540

1,146,553

420,000
52.000
119,750
40S.0O0
21,000

433,000
102,750
190.500
633.000
29,000

TotalEast India, &c

1,020,750
1,379,510

1,3S8,250
1,146,553

1,455,250
1,121,270

2,400,5 90

2,534,803

2,e06,520

5.S0O total

860,250

For September.

100

11-62

SlO
700
SCO

11-64
11-S5
11-66

n-e8

U-Js

410
100

l:-99

i.mxi

11-94

III'

12-13

i,2kj
1,(00

n-17
«•!«

4

12-.I0

500

U-BII
ii-70
11-71

600
1.800

.2 19
12-20

500
600

l.-ll
12-02

4(0

11-73

»'i

12-21

1.0HI

12-13
12-01
I2-.5

1,600

1171

6uU

11-75

1.300
4.210
2,900

.

..

12-22
12 23
12-24
12-25
12- 2«
li-27
...12-28
12-2?

708
1,001
2.010

400

12-.8

12-9

6«

12 10

1,000

12-11

.««>

12-12
12-18

12-30

..

.

1231

S00

12-32
12-31

2.400
1,100

'.2-34

1,

00

1,110

I2-4
12-11
12-14

WH

—

At the Interior Ports the movement that is the receipt*
and shipments for the week and stock to-night, and for the
corresponding week of 1876— is set out in detail in the following;
statement:

...11-44
.11-15
11-17

Oct.

For November.
100

11-33

il»

11-15
I1-34

1WI
100

H'10

201

11-41

800
800
3KI
£00
200

700

.1111

..

I

Week ending

274
294

1,003
9,851

1,15

1,436

764

8,732

17,611

1,018

5

13

'iro

'ioi

130
302
405
t03
40
276
76

38
10
497
47

801

1,954

112
158

2, 81

789

316

July

7, 1878

Receipts. Shipments. Stock
311
1.39S
67
162

75
1,104

2,360
2,113
1,143
2,150

988
98.1

M

158

951

Total, old ports

8,275

83,371

U-13
11- .9

11-50
11-52

Dallas, Texas
Jefferson, Tex.

..

Shreveport, La

Dec.

For January.
n-ro
n-31

-.00

11-62
11-65

100
100

500 total Jan.

"•or
100
iUO

Tenn

Nashville,

Stock.

1,448

15
.

6, 1877.

64
46
32
117
88
713
8

Oa

Columbus, Qa
Macon, Ga
Montgomery, Ala
Selma, Aia
Memphis, Tenn

'lis

Ga
Atlanta. Ga

"si

Griffin,

M

Rome, Ga..
Charlotte, N.C
.

Total,

10

Mo

343

770

O

991

1,164

Cincinnati,

March.

200 total

new

ports

U-7S
Total, all....

11-43

March.

141

Vickaburg,M!ss. . .
Columbus, Hiss. ...
Eufaula, Ala

St. Louts,
I

ending July

Receipts. Shipments

..

loo
13,500 total

12-W7'

200

.11-41
,..1111

517.000
127,000
215,250
575,000
51,000

5Jid.

with 1874.

Nov.

...11-40

100..
100..
100.,
200.,
24)..

1,121,270
-

8*d.
7&d.
These figures indicate a decrease in the cotton In sight to-night
of 03 359 bales as compared with the same date of 1876, a
decrease of 197,872 bales as compared with the corresponding
date of 1875, and a decrease of 269,589 bales as compared

Augusta,

2.-00 total

1201

J.&W

Totalvislble supply.. ..bales. 2,336.981
Price Mid. Uplands, Liverpool... .6"»d.

Week

For December.

2.0-.0

1.476,681

11-41

Aug.

1-.-34

For August

2,534,803
2,400,200
ther descriptions are >e follows

Liverpool stock
Continental stocks

....

S03

•

7,400 total July.

2,606,520

.bsies.2,336,931

totals of

1.100

For October.

12- HI

1211

12-3
12--3

1,200. ...
1.100
1.600
2,700 ....

Tours.

Quiet,
lower.

l

The Visible Supply of Cotton,

Total American
Strong, higher...
Qulet.sfuy.hlgh'r
I

3,400
7U0
1.100
8.0 "1
4_8J0

July

Firm,

American—

STAINED.

Wednesday

Wed.

Tuea.

Irregular,

Of the above, the

.

Tuesday

Mon.

Sat.

Frl.

Market closed Irre8uUr

Total visible supply.

Hollda ys— Ex crange closed

Middling Fair..,

Monday

:

Ord'ry.

Middling.
Middling..
Strict Gocd.Mlddl'g

.

prices bid for

future delivery, at
MtDDLINO UPLA.VDS— AMERICAN OLASSirrOATIO-f

Stock in

Good

Saturday

exch. SOJ Nor. for Dec.

01 pd. to

|

show the closing market and
the several dates named

will

Total continental ports

I2X
12X
12X

3

Th.

Frl.

5.

:2

12

12 15-16
13 5-16
14 1-16

ft.

Middling
Strict Low Mlddl'g

Fair...

exch. 200 Oct. for Sept.

The following

Stock at Liverpool
Stock at London

11X

10 15-16
11 5-16
11 9-16
11 13-16
12
12 S-16

9-16
13-16

11

Th.

6.

'I'll.-8

July

4.

11 5-16

11 11-16

Frl.
July

5-16
11 9-16
11 13-16
11

10 15-16

IS*
i»K

13*

Fair...

11

12

Good Mlddl'g U\

Middling

July

8.

10 13-16
11

5-16

XH

I'm.— ITed.

11

"X

11

II 13-16
12
15-16,12
12 1-16
12 3-16
12 3-16 12K
12X
12 .-16
12 5-16 12H
12 n-ii 12*
11 9-16 12 s
12 15-16 |2«
12 13-16! 12 '<
:s 3-16 nta
13 5-16 l=«
14
IS 15-161 14
11 1-15

12*
12S
l*X
I3X
isx

July

10 15-16 11

11

Ordinary
* ft. 10 13-16!
11 3-16
Strict Ordinary
11 7-16
Good Ordinary
Strict Good Ord'ry 11 11-16
Low Middling
Strict Low Mlddl'g 124-16
Middling.
12X
Good Middling..
12X
I

US

tfU

Tuf» Wed.
July

1.8

11

Sl-ie

Mhldl'i

Middling..
Good Mlddllne,
Strict Good Mlddl'g
Middling Fair
Fair

10 '5-16 11

10 13-16

u

Good Ord'ry
Middling

Low

'I.

;o 13-ie
II s
II i-16

Strict

Strict

ORLEANS

N.

.n
Sat. 'I. .ii Sat. 'I. .ii Sat. il<> ii.
J'neSO. July 3. J'ne30 July 2. J'nc30. July 2. J'neSO. July I.

Sat.

ft.

.

Low

The following exchanges have been made during tbe week:
•40 pd. to

Traust. orders.

September.

19

•

1,582

385
330
8,653
8.612

390
5

*"s
256
180
100
92

'iis

1,177

1,058

2,436

14,466

2,515

6,168

mjan

3,533

Being 575 bales less than estimated.

IS
M)
396
588
27
15

74
101

71*

«
281

305
1,021

100
838
199
S.477
186
190
4,638
11.111

34,494
6,557

IP

:

>

:

THE CHRONICLE

20

<

XXV.

[Tol.

show that the old interior stocks have week has been pleasant but warm. Average thermometer 85,.
week 2,978 bales, and are to-night 15,760 highest 98 and lowest 72.
Augusta, Georgia. The weather has been warm and dry all
same period last year. The receipts at the
same towns have been 264 bales less than the same week laBt year. the week, with the exception of one day on which it rained.
The cotton plant looks strong and healthy. Crop accounts are
Weather Reports by Telegraph. There appears to have more favorable and promise a large yield. Thermometer, highthe
throughout
general
return
weather
been this week a
of dry
est 95, lowest 72, average 85.
Rainfall for the week, sixteen

The above

totals

decreased during the
bales less than at the

—

—

South, with a considerable rise in temperature; as a result, crop
accounts have improved very decidedly. Some few sections
complain of a want of rain, but otherwise the reports are all
Some rumors of caterpillars are still heard, though
favorable.
little

importance

is

Oalveston, Texas.

attached to then by our correspondents.

— We have had

ruin on one day this week, a

Crops
are doing as well as possible. The caterpillar talk has been
much exaggerated. The corn crop is secure and the yield magnificent.
Average thermometer during the week 85, highest 92
sprinkle, the raimfall reaching five hundredths of an inch.

and lowest 80. The rainfall
eight hundredths inches.

for the

month

two and

is

sixty-

—

Indianola, Texas. It has rained here on two days this week,
and dry weather is desirable. Caterpillars have certainly appeared, though the injury done is as yet limited. With this
exception the prospect is. excellent. Average thermometer 85,
highest 94 and lowest 77. The rainfall for the week is eightytwo hundredths of an inch, and for the month, four and seventyfour hundredths inches.
The weather here has been warm and dry
Gorsieana, Texas.
all the week.
The crop is developing promisingly, though late.
Thecotton plant looks strong and healthy and the fields are clear
of weeds. Average thermometer 84, highest 97 and lowest 72.
The rainfall during the month of June is three and seventy-six
hundredths inches.
It has been warm and dry all the week.
Dallas, Texas.
Cotton, though late, is making amazing progress, and all grain
crops are magnificent.
Average thermometer 86, highest 94
and lowest 76. The rainfall for the month of June is two and
sixty hundredths inches.
New Orleans, Louisiana. It has rained on one day this week,
the rainfall reaching fifty hundredths of an inch. The ther-

—

hundredths of an inch; for the month,
hundredths.

mometer has averaged 85. The rainfall during the month
Jane was two inches and ninety-nine hundredths.
Louisiana.

Shreteport,

of

— Crop

prospects in this vicinity are
encouraging, the character of the weather beicg adapted to a

rapid development of the plant. The thermometer has averaged
during the week 85, the highest being 96 and the lowest 74.
Vicksburg, Mississippi.— The thermometer has averaged 87
during the week, the highest being 99 and the lowest 74. There
has been no rainfall.
Columbus, Mississippi. Telegram not received.
Little Rock, Arkansas.
The weather during the week has
been dry and hot, though favorable for planting interests. The
thermometer has averaged rj4, the highest being 97, and the
lowest 73.

—
—

Tennessee.— We have had no rainfall this week.
The thermometer has ranged from 74 to 95, averaging 85. The
plant is blooming as early as last year.
Nashville,

Memphis, Tennessee.

—

It

has been

warm here

this week,

and

there has been no rainfall.
Good progress is being made in
clearing the fields of weeds and grass, and yet rain is needed and

much damage must ensue without we have

rain soon.
The
is not favorable.
Average ther-

general condition, thereiore,
mometer, 87 highest, 96, and lowest
;

—

73.

Alabama. We have had no rainfall here, the weather
having been warm and dry all the week. The crop is developing
promisingly. From, Central Alabama we hear rumors of the
Mobile,

appearance of caterpillars, but think them of

little

importance.

Average thermometer, 87;

highest, 98, and lowest 75.
The
rainfall for the month is seven inches and seven hundredths.
Montgomery, Alabama.
have had no rain all this week.

— We

The thermometer has average^ 86, the extremes being 74 and
102.
The rainfall during the month of June was two inches and
ninety-four hundredths.

—

Belma, Alabama. We have had warm and dry weather all the
week. The crop is progressing finely.
Oar last week's telegram, which was received too late for
publication, stated that it had rained on two days, and that the
crop was developing promisingly.
Madison, Florida. Telegram not received.
Macon, Georgia.—The weather has ^been warm and dry all
the week. Rain is needed in our section. Average thermometer
85, highest 100 and lowest 64.
Atlanta, Georgia.— We have had warm, dry weather all the
week, the thermometer averaging 86, and ranginer from 74 to 94.
The rainfall during the month of" June was four and twenty-two
hundredths inches.
Columbus, Georgia.—-The weather has been warm and dry all
the week. The thermometer has averaged 91.
Savannah. Georgia. It has rained on one day this week, the
rainfall reaching thirteen hundredths of an inch; the rest
of' the

—

—

and sixty -sevea

—

Charleston, South Carolina. We have had no rainfall this
week, the weather having been warm and dry. The thermometer
has averaged 84, the highest being 95 and the lowest 70. The
crop is developing promisingly.
The following statement we have also received by telegraph,
Showing the height of the rivers at the points named at 3 o'clock
Julv 5.
We give last year's figures (July 6, 1876) for comparison:

— July

i

5,

Feet-

New Orleans.. Below high-water mark

,-- July 6, '76 -—

'77.—

5

7

4

Inch.

Feet.

Inch.

Memphis

Above low-water mark
34
SI
Nashville
Above low-water mark
7
3
8
6
Shreveport. ...Above low-water mark
18
7
8
10
Vicksburg.... Above low-water mark
4
39
58
New Orleans reported below high-water mark of 18V1 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871, or 16 feet above low-water mark at that point.
fl

Cottok Consumption in the United States.
will

find in

—

Our readers
our editorial columns to-day an article on this-

subject.

Bombay Shipments. — According to ouroable

despatch received

have been 7,000 bales shipped from Bombay to Great
Britain the past week, and 6,000 bales to the Continent while
the receipts at Bombay during this week have been 6,C0C bales.
The movement since the 1st of January is as follows. These are
the figures of W. Nicol & Co., of Bombay, and are brought
down to Thursday, July 5
to-day, there

;

—

—

six inches

,-Shtpments this week-,
Great
Con-

.—Shipments since Jan.l—
Great
Con-

Britain, tlnent.
7,000
6,000
2,000
15,000
10.000
3,000

Britain, tlnent.
Total.
354,000 391.000
747,000
525,(100 838.000
8:3.000
721.000 854.000 1,578.000

1877
1876
1875

Total.
13,000
17,000
13,000

—Receipts.—

,

,

Since
Jan.i

This

w*ek.

6.000
975,008
4,000
97O.O0O
5,000 1,191.000

From the foregoing it would appear that, compared with last
year, there is a decrease of 4,000 bales this year in the week's
shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 106,000 bales,
compared witn the corresponding period of 1876.

—

Gunny Bags, Bagging, Etc. The transactions in bagging
have been light the past week, but the market is strong, with
considerable inquiry and indications of an increase in Fales in the
near future. The transactions foot up 500 to 600 rolls, at 12fc.
for standard brands.
India bales are nominal at 10c. Bags are
held at 12c. for 440s, but there is nothing doing in them. Butts
have sold to only a moderate extent, but prices are very firm,
particularly for the better grades. The sales reported are 1,500
bales to arrive at 8f@3ic, gold, and 500 bales on spot, in lots, at
3i@3fc. currency, as to quality and terms.

M.—

P.
By Cable from Liversales of the day were 8,000 bales, of which
for export and speculation.
Of to-day's sales

Liverpool, July 6—3:30
pool.

— Estimated

1,000 bales were
5,400 bales were American.
follows

The weekly movement
Jnne

Sal es of the

week

bale?.

Forwarded
Sales American
of which exporters took
of which speculators took
Total stock
of which American

Total import of the
of

week

which American

Actual export.

Amount

afloat

of which

American

The fallowing table
&/*<.

Mid. Upl'ds
Mid. Orl'ns

will

June

15.

79,000
5.000
54,000
5,000
10.000
l.OuJ.OOO
680.000
20,000
18,000
5,000
344,000
(8.000

S3.

June

is

Jnly

29.

49,000
5,000

55,000

S'j.OOO

37,000
1,000
7.000
1.009.000
642.000

5,000
6.000
1,030.000
657.000
;o,ooo
9,000
6.000
250,000
108.000

given as
6.

45,000
5.000
88,000
3,001
4,000
1,006,000
653.000
47,000
41.000
5.000
337,000
77,000

.4.000

3-1,000
211,000

4,000
•153,000

103,000

show the dally closing prices of cotton for the week

Satnr.
Mon.
Tues.
Wednes.
Thnra.
Fn.
<R6 5-18 ..©6 5-16 ..©6 5-16 ..©6 5-18 ..©8 5-16 ..<&ax
©ty*
..©6)»
..ta,<>X
..©614
..@6)tf
..@6X

Futures.

These

sales are

on the basis of Uplands,

Low Middling

clause, unless other

wise stated.

SATURDAY.
June-July delivery. 6 5-16d.
July-Aug. delivery, 6 l!-32a5-16d.

I

|

Aug.-'ept. delivery, 6 18-S2@Xd.
Sept -Oct. delivery, 6 15-»a@1-It.d.

MONDAY.
July-Aug. delivery, 6 ll-8J95-16d.
Aug.-Sept. delivery, 6 13-33©>{d.

|

Nov.-Dec. shipment,

I

Oct.-Nov. delivery, 6 Ja-32d.

tail,

6^d.

Srpt.-Oct. delivery. 6 7-16d.

Sept.-Oct. delivery, 6 15-32d.

TnMDAY.
July-Aug. delivery. 6 9-33a*d.

I

Aug.-Sept. delivery, 6 ll-32@5-16d.
Sept.-Oct. delivery, 6 13-«d.
Oct.-Nov. delivery, 6 7-16d.

|

Oct.-Nov. shipment, sail, 6 Il-SitL
SepL-Oct. delivery. 6«d.
Aug.-Sept. delivery, 6 9-3*4.

WlDNESDAT.
July-Ang. delivery. 6 7-SSd.
Aug.-Sept. delivery, 6 9-3Sd.
Sept.-Oct. delivery, 6 5-16®6 11-88©

6J(@1 1! 8Jd.
Nov.-Dec. shipment,

I

new

crop,

sail,

6 »-3Id.

I

Thursday.
Jmy-Ang.

delivery. 6 3-16d.

I

Aug.-Sept. delivery, 6Jid.

Oct.-Nov. delivery. 6 ll-13d.
Nov.-Dec. shipm't, new crop,

sail, SJfcV

Sept.-Oct. delivery, 6 5 lbd.

Fbidat.
July-Aug, delivery, 6 3-16d.
Aug.-Sept. delivery, 6Kd.
Oct.-Nov. delivery, 6}id.
July-Aug. delivery, 6 7-S3d.

/
I

I

I

Aug.-Sept. delivery, 6 9-SSd.
Sept. -Oct. delivery, 6 11-Sid.
Oct. -Nov. shipment, tew, crop, sal],
6 5-16d.

:

ji

Jin/r

THE CHRONICLE

1877.]

7,

21

The Exports op Cotton

from New York, thin week, show a
•decrease, as compared with hurt week, the total
reaching 1 lS'i
bales, against 8,128 bales last we»k.
Below we

BKfiADST UPPS.

give our usual

table showing the exports of cotton from
New Yorfr. and their
direction, for each of the last four weeks;
also the total exports
and direction since Sept. 1, 1870; and in the last column the
total
/or the same oeriod of the previous year:
Jtxpurt«oiCoHoB(»a| e . f r<>m iv
Vorfc »lnce jtept.l . lSTtt

WIIK SNDINO
June

June

Liverpool

Total to Gt. Britain

July

27.

4.

«.4bl
5,221

3,208

11,182

3,483

r.7

8,023

Total
to

Si-.COl
33.111

4,42i

535

362.6S8

3f.7,l«S

350

9,033

2,813

3!0

350

9.038

2,915

100

800

14,440
2,8:8
C,171

22.615
8,504

100

300

23.498

68,076

2 890
"30

12

409

....

3,610

421

1.185

398.814

400

100
13

Other porta

Total to N. Europe.

400

Bpaln.Opoito&Qlbraltar&c

1,730

118

Ail other*

Total Spain, Ac

1.730

brand Total

u,m

'

3.503

!

8,128.

436,510

1

"

OW1Dg

e tUe 'ece'P's ot cotton at New York, Boston,
j>Ji !i ? !
fniladelphiaand
Baltimore for the Dast week, and since Sept. 1, '7ft.
1

H»W TOBK.

bece'ts fbox

This
week.

New

Orleans..

Mobile
Florida
S'th Carolina
N'th Carolina

Sept

I

14

BALTtxoaa.

This Since
week. Sepul.

This Since
week. Sept.l

15,359
9.546
25,414
6,155

1

123,792;

2,780
13,93

346

i;,iii

13J03

32.1

100.0*8

93

78.K4

Virginia
North'rn Ports

333

Tennessee, 4c
Foreign

"iii

530

120,680
4,622

Tota: this year

r,S6»

903.227

Total last year.

This Since
weak. Septl.

1.

1(4,600
84,071

'2

PHIUDSLF

• OSTOM.

Since

3,813
1,376
1,066

Texas
Savannah

to

moet

their

market was very strong, but business slow.
The wheat market has been more active.

To-day, the

There has been a

more urgent demand from shippers, and they have
wanted the
better grades

Bremen and Hanover
Hamburg

f

Buyers have limited their operations

by an

350

Other French ports

email supplies, indifferent assortments, and
extreme

prices.

increasing business in wheat at higher figures.

5S5

8,028

effect of

;

period
prov'u?
year.

date.

Fbidat. P. M.. July 6, 1877.
trade in flour has been glow for the past fortnight,
the

urgent needs, but receipts have been very email, and
stocks very
light
holders and receivers have, consequently, maiatained
3rm
and even advancing prices, being supported therein

Same

June

SO.

11.

Other British Porta

The

<w

(

ll

;

1

6.133

...J 18.817
23-i

1831 81.148
2,193, 96 910
8881 98.3S7

49
5,500

8041119,137

2,7441287,642

I

11,527
58,033

28

3,266 833.461

B»8,7n4

held above these figures.

Receipts continue small at all points,

and stocks are small, almost beyond precedent
in late years.
There have again been violent storms at the West, but
no serious
damage to winter wheat is reported
but the appearance of
grasshoppers in the Northwest, and damage to
spring by them
are partially confirmed. To-day, there was
a further advance'
with sales of No. 2 spring at $1 00 for
Chicago and $1 63 for
Milwaukee. Receipts are comparatively free at St.
Louis; and at
all Western markets prices lor July are
25@30c. per bush, above
August.
;

Indian corn has been active at variable prices,
but in the aggregate showing very little change from last Friday.
The speculation has been quiet, the bulk of the business
being in corn on the

The weather has been very favorable to the growing
crop
and prospects are better for a large yield. To-day,
there was a
further advance, with steamer mixed selling
at 57i@58c. on the
spot and 58c. for August.
spot.

'sis

221.430;
12 0.»3

of spring wheat. In the course of
Tuesday and
Thursday (Wednesday being a holiday), they took
about 150,000
bush., at $1 54@1 57 for No. 2 Northwest
and Chicago, and $1 57
@l 60 for No. 2 Milwaukee, fair to good, prime samples
being

51.823

40

If

i

8,595

Shipping NKWs.-fhe exports of cotton from
the United
Sta,e 9 the past week, as per latest mail
returns, have reached
),G6S bales.
So far as the Southern ports are concerned,
these
Are the same exports reported by telegraph,
published in
The Chronicle last Friday. With regard toandNew
York we
include the manifests of all vessels
cleared up to Wednesday
'

Rye has been held higher, but without business to
indicate an
advance. Oats have further declined, but at the
reduced prices
trade is better and a steadier feeling is springing
ud.

The following

ate the closiog quotations:

FLOtJB.

UBA1N

I

V£» »»

Serine" State"*

«

»

!

^5%®*^™

«{

«J

?

«

night of this week.

|bw Yona-To Liverpool,

per steamers Wyoming 118 ....i.a.anue,
Lalano>°4?9
4.9.
°
lo Havre, per steamer Canada, 850..
steamer Rhtin. 300.
Liverpool, oer steamer." Mayagiicz 2131
"ch.vy
solite, .lis. ...per ship James
A. » right,
To Barcelona, per steamer Vi.'al Sala, 140-1
Mobile-To Cronsti-dt per bark Scotland, 2,125

To Bremen, per
New Oul.ans-.To

m

.

^Zh
535
«?X

im

.

\

i'.7n
i'oo,

do Minnesota patents..

59 (J

8in@noi

Southern, ne.v
623
Rye
Oats-Mixed
33 a
ra ndB
80039251
white
«„„ h
-Kv--;
Southern
bakers' and faBarley-Canada West
..r»
mly brands ...
8 23S10 25
State, 2-rowed.„
....3
Sonthernshipp'gextras.. 7 iS® 8 00
State, 4-rowed
-.. 3 •
Rye flonr superfine
4 25& 3 10 Barley Malt-State"'.""
90« 1 10
Oornmeai-^estern.Ac. 3 103 8 35
Canadian...
Corn meal-Br- wine. Ac. 8 453 3 50 Peas-C.cada.bo'ndAfree
953 1*
The movement in breadstuBa at this market hw
been as
City shipping extras.. ..
City trade and family

6 15 J 7 50

i

;.".

*:

-j,

'

I

|

a I?™"™'
s.eamer Is rian,
.£*7?
To St. John, N. B., P"
via. Tarmouib, N.
]

*9

757*1.

-

,

S.,

per

»tr.

'

Domin'ion'.'si'

31

'..

.

|

Total
9,6<;8

fo'-

a r ticu,8r8 ot tUea « shipments,
arranged in our usual forrr,

P
»!!!
•re as lonows
.

:

1877

Llver-

!

"C""' ** »"

.

Wtm York

'"535

Orleans
Mobile
Baltimore

4

New

CronHavre. Bremen, ataut.
350

300

0-20

,

Wa.

N

B.

Total.

....

1,183

1,166

.

5.'

..

2.025

'.

B itton

For the

Barce- St. 'ohn,

50

'j$j

50
788

31

Total

.5,512

850

830

2,023

20

2,023

1,400

31

[Below we

9.6C8

give all news received to date of disasters,
&c, to
vessels carrying cotton from
United States ports

••<"

:

AI.J.0RA, Hhlp (Br)
j

New

from

Orleans for Liverpool, which put into

Key

week.
Ploar.bbl..

Wheat. bus.

89.468
4,i48
27?,916

Corn,

8I1.0U

C.

meal.".
••

.

7
Ba rley. "
Oats....".

Jan.

393,99»

The following

1876
1,877,100
124,891
1843.817 2 263,401
UJg.jj, io.86,,759
1.

4.627.9.9

tables

d
,he !,*" ed ln W feBt of «""«• «h"»'t of
1
Her
upper deck « co up
v destroyed
Two.
rC " K " 5" lbe " v «» I" « damaged etc]
condition
The
me vessel
,,,1 carao are va.ued
and
at about J«0«00

,

"

*

-

11

^

l "'

^m'oCaX'junels'-.ii'i:''-^
bsd "'.

tSS&tthflgfc

*" W 0rlea3s ' or Mnlaga. which put
re f»'^. •»D«d aud aritved a, ner

B

««'ona,
»i
u'^no'da"^.;','?!
iii.rmuda, rf»aii.ed ???,
°rlatter port refitting condemned
at the
June 27.
,e,,n * ,0r

Cotton freights the oast

week have been as lollowe
,— Havre
Bremen.
— Hambsre.-,

—

-Liverpool.—
Steam,
Sail.
d.

•

Saturday.

X39-12
M39-32

Monday,
j
I

Tnesrla».

.

Wedn'ifay
fcursday.
Frittay

Market

3WWJ-32
.(

o'uiet.

,

Steam. Sall.Steam.

d.

X

comp.

H comp.

Si.

and sold

comp.

*•

H

coinp.

H

comp.
comp.

H

c.

c.

— Steam.
,

Sail.
c.

,

sail.

c.
c
— 9-16 comp. — ^ comp.
a—c
— 9-i(j comp. — % comp. —
—tfh—
— 9-16 comp. — \ comp. —<&—

.Holidays— Exchange closed.

8J3

,

1

5$ 4M

»

127.147 1,1*8,411
3.^.026 td.
1 " 87

5,ii6

show the Grain

8^519
in ei^ht

sln^

j,m

«s2

B"'li2
,,,'\l\

ll-VsS

ilmtVi

if 9* Z$t
>#»*

'

'

'i??>&

121836

bb

Milwaukee.
Toledo
Detroit
Cleveland.

Wheat,
bush.

s.

(196 lbs.)
2 1,064
24,2 2

54
8.511
•1.S73
8,441
1,400

.

St. Louis....

(60 lbs.)
n: 12

98,750
42.50*.

^
?^

Io.i't^O

glow

and the move

7,4:8
4,400
Bi',042

1,780

19,345
2.050
172,402
65,900

527,559
7C0.241
746,428

19,>35
t8,101
29,924

1.204, 03
351, '«9>
to date. l,9t?0,176 7.998,291 34,£0>,rJ07 9 216,867
2,6«,043 :2,82..97.> >6,7I9,119 1J,0M,436
2,2829i0 22,9:9,416 »1.819,I1» 9,i,3.2«t

h 374
5 62-'o'*
2*906 399

3,199,4:2 38.051,518 31.80j,156 18.C81.808
A
10 .11J <f* -1111 .1.1-1 -.1 BfJ
a. -.__

g.'lSO.Ml

51,561
61.860
•76.

84.021

Sametlmel87«
Same time 1875
»ame time lb74
•

,\

A

.. t r.

26S.413
259.812
1,072.7(0

.:

oauic kiuic ioi*-o....i.Wi,H3 03.003.003

3"ne time

6,igJ

S'.O

l.titU

7M03

I

14>7

39.02.1

3,959

Cone«p'ngweek,'76

,,,.

3i'3.706

Rve
bush.

838

Total
Previous week

Pfttol 1

744,4:0
22.290
174.324

Barley,
bush.

(48 lbs.) (56 lbs)

3,150

3.120

Dulcth

1

Otts.
bnsh.
(32 lbs.)

<5,'8S

Peoria

Total -Tan.

Corn.
bush.
(58 lhs.l

13,348
41.394
5,3M)
66.746

1.2f0,7-l
1,464.241
1,959,644
1,070,039

.

,

.

1

Sq «in

I

'!>.'.;

i3.24«
54.814
2.5S0

RSr'SA!
1

^SS

«M»S

1

*l,i<iH,.lltt 2I 518 9*1: 5 4V1 J?l 1 17*. ten
1873-4.. ..5,969,496 78,033,661 55,736,737 24,340,713
l',m}si l,*89X93a

• Estimated.

,

1s"g

For the
week

I

Cnlcago...

Iw™,*
.If „f
5? p station.

Jan.

13,840

'.64

4.2.32.0UO

Flour,

the

week.

,

Since

ment of Breadstuff's to the latest mail dates:
RECEIPTS AT LAKE AND RIVER PORTS FOR THE WEEK KNDIMi
30, 1877, AXD FROJI JAN. 1 TO JUNE 30:

At—
Jhi.i

For the

I.816,eHS
129.240

1;

1877.

.

time

1

IIPOBTB rBOM »«W TOR*.

,

Same

,

Since

«.iS .j$S2

."

XOBK.

.

.. ..

:

—

.. .

:

XXV.

[Vol.

THE CHRONICLE.

22

a re-action from
Domestic Woolen GooDS.-There has been
men's-wear woblens during the
the unusual activity observed in
fairly satisfactory
month of June; and the distribution, though
Rye,
Barley,
Oats,
the case a short time ago. OvercoatCorn,
was
than
Wh-;at,
spirited
Floar,
less
was
bnsh.
bnsh.
bnsh.
bush.
bush.
bbls.
and fellings were disposed of
18,«67
62,031
441,709
ings were in fair demand and firm,
578.854 1,526,042
65,660
Jnne SO, 1877
4S.626
57.754
411.806
2.050.934
288,362
5'1.789
amount. Cassimeres and worsted coataggregate
Jane S3, 18T7
moderate
34,882
a
to
18,105
713,686
755,317 2,089.732
100,065
Cor. week '76
2,770
of orders, but new bus5,057
403.398
794,339
ings were freely distributed in execution
93,361 5,145.131
Cor. week '75
10,9i-3
3.761
219,059
2,052,059
991,541
doeskins were taken
97,990
and
'74
week
Cloths
Cor.
37,e64
4.815
872,178
iness was comparatively light.
938,29! 1,292,109
90.099
Cor. week '73
31.311
4,221
539,121
satinets were in steady
printed
702.503 1,431,523
and
amount,
57,2c7
fair
a
'72
to
lots
week
Cor.
in small
662,811
27.510,402 6,888,513 1,990,174
intending
Total Jan. 1 to date. 1,997,953 8,538,059
809.S82
Repellents received more attention from
1,209.949
request.
8183.988 81,481.053 83,019,852 9,804,625
Same time 1876
271,550
863,364
6.730,189
effected in Kentucky jeans.
was
business
2,401,809 19,081,890 1S.06I.WJ
liberal
a
and
Same time 1875
buyers,
8',015',229 1,231,688 2,852,121
2.946,8*4 30,180,444 20,679.454
advance of
Same time 1874
B Flannels continued in active demand at an average
TS
B^E;PtVof"fl'9 Or"an"d"Q RA1N AT SEABOARD
prices, and blankets changed
opening
30
TO^JUNB
upon
cent
per
JAN.
1
five
FROM
fully
WEEK ENDED JUNE 30, 1877, AND
lightly dealt in. and
Baney, Eye,
Oats,
Corn,
hands in liberal amounts. Carpets were
Flonr, Wheat,
bush. buen.
bush.
bnsh.
basn.
obis.
in worsted dress goods, skirts,
movement
At—
limited
400
a
only
20,500
was
843.450
there
695,814
312,943
89,321
New York
1,600
9,458
59.350
.'6,958
Boston
shirts and drawers.
If817
1,500
2,500
1.200
in
Portland*
12,855
131,111
Foreign Dry Goods.— There was a very li^ht movement
132,011
9,'69
Montreal*
4.000
1.5C0
76,800
118.800
case at this
18,900
the
6,000
always
as
is
hands,
Philadelphia
first
from
2,0 JO
imported goods
15.000
153,000
7,000
4,724
Baltimore
velvets wore in
74,952
115,311
4,851
time of year. Silks moved slowly, but Crefeld
NewOrleanB
were in very
goods
Dress
8,000
trade.
31,718
millinery
583,907
the
by
fair request
530,881 1,876,664
76.212
Tot ,l
8,020
158,861
869,532
367,7(4 1,175.659
96.646
Previousweek
Btaple makes ruled steady in price. Fancy
but
65.505
demand,
13.300
limited
763,219
261.373 1,404.652 2,23\305
..
Cor week '76
601,874
jobbed in fair quan8,203.489 1,799,920
white goods, piques and embroideries were
Tto date ..\...8,2SM55 {.816.498 40.560.064
90.469
733,996
273,641
4,531,742 15,930,852 7,765,884
Men's-wear
Same time 1876!"
131,817
306,261
were quiet and steady.
goods
8,422,644
linen
but
25,792,54:
tities,
17,711,670
499,115
J
l*me tme 187!
012,983
713,230
Italian cloths moved
5,380,036 31,430,51,9 2b,200,6i2 8,670,303
and
animation,
of
Same time 1874
devoid
were
woolens
And at Montreal 14,031 bush. peas.
lots
hosiery and underwear were taken in small

AND GRAIN FROM WE8TERH LAKE AND
1H77,
BIVER PORTS FOR THH WEEK ENDED JUNE BO,
AND FROM JAN. 1 TO JOT

SKIPinCNTB OP FLOUR

™*

™"

™

SS

Fancy

slowly.

* Estimated.

comprising the stocks la
The Visible Supply of Grain,accumulation
at lake and
eranary at the priacipal points of
New York canals
ports, and in transit on the Lakes, the
and by rail, June 30, 1877, was as follows

Sard

In store at New York
In store at Albany

do

886.863
45,200
21.118
828,200
43,812

89.818
3.600
37,415
72,700
113,931

?-'S

•

SaOuO

26.™
>>" 8

„,/i™
8

]H5I
87,896

60.000

I'llx
7, ,03

.

3.052
15 8 :'
:
452.219
3 i 2,000
.

Rye,
bush.
53.429

27.200
4,115
146.731
33,168

• •

67.335
88,452

week

July 1.1876

.J8.966
11.500
268,879
2,623,148
29,612

•

IX do

Total

bush.

.Ss'^S

New York canals ...

June 23. 1877
June 16. 1877

Barley,

bush.

< jMJg
425,365

Instoreat Baltimore
Afloat in

Oats,

bnph

1.600

store at Buffalo
store at Chicago*
Btore at Mi! waukee
store at Dnluth
store at Toledo
In store at Detroit.
In store at Oswego*
In store at St. Louis
In store at Peoria
In store at Boston
In store at Toronto 23d
In store at Montreal 15th
In store at Philadelphia
Instoreat Indianapolis
In store at Kansas City..

Lake

Corn,

hush.
41

In
In
In
In
In

Rail shipments,

Wheat,

amount, and kid gloves were in steady request.
We annex prices ol a few articles of domestic dry goods
Prints.
6)4 Mallory haire'ds.
6X Eddystons fancy.
Albion solid col'rs
do checks

to a fair

9E6.540
18,974
55.0CO
212,416
68,360
50.254
4,000
98,588
100,000
127.875
226.818
921,401
284.163
2,151,241
1,031,000

8,924,795 9,845,178
8.212,146 10,4:0,176
4 011,691 111,715.026
9,886.347 8,144,655

86.275
72,794
15,000
91,561
96,567
112,932
15,025
16,012

1,233
2n'.|-.'l

12.593
8,129
3.112
13.247

25,000
1.506

6.557

do suiting
do solid black
do shepil plds
do greys
do bl'k&wh.
do fancy
American fancy..
do robes
do j'd. checks.
do j'd. pinks..
do green & or
do black & or.
do blne&whit.
do blue & orge
do ruby&Swia
do double pink
do seersuckers

Ancona fancy

6,565
4,555

978
8,935
71,629
28,000

319.236
180,528
193,200

470,668
461,049
585,073
550,208

2,137,448
2.409,510
2,414,833
3,780,990

THE DRY O-OODS TRADE. July

16,740
3,357
8,600

tX

—

..

i"

..

6
6

848,675
402.513
536,105
196,049

6, 1877.

movement was comparatively slow the past week.
The
The recurrence of Independence Day caused an exodus of buyers
filling
from the city, and transactions were mainly restricted to
ago.
time
some
purchased
goods
of
deliveries
orders and making
jobbers
Operations on the part of Western and Southwestern
were much less spirited than of late, but city jobbers, having
completed stock-taking, were rather more liberal in their invest,
taken
ments, and considerable quantities of autumn goods were
woolen
Pacific-coast trade. The values of both cotton and

by the

domestic manufacture were steadily maintained, and, in
view of the late advance in wool, some makes of flannels showed
an improvement of fully five per cent upon opening rates. Foruneign goods were almOBt neglected, but prices remained
of

changed.

frocks
checks..

7
7

654

do shirtings.,
do furnitures
Ashland fancy.
do shirtings.,
do frocks.
do solids
do 8-1 Zebra,
do 7 8 do ..
Albany
Bedford

6)4
18)4
614

.

.

.

Bristol fancies...

6
634
6)4
7)4

8*
8
8
7

7
8

.

Harmony(lata Amoskcag: fancy..
do robes
Knickerb'ck'r fey

do
do

shirtings

.

9-Scamb..

Berlin solid colors
do foulards...

«)4

Cocheco fancy
do K fancy...
do shirtings..

6)4

7)4

*«V6
7)4

7)4

do 4-4
do percales
Merrimac D fey.
do shirtings..
do robes
do Fpink....
do F purple..
do F check*&

8

6

do

9-8camb..

Dnnnell's fancy.,
do cambrics....
do hair cords
do Germans....
do purples

6)4
«)4

do
do

Card.re'25

stripes

8
6)4

7

do. DGspr.stls
do XX30

Mallory pinks....

do buffs
do frock

6X

7

o«
6X
«>4
6)4

6X
6*
6
6

6X
5)4
6)4
6)4
6)4
11
6)4
6)4

~X

6)4

Sontbbridge f'ney
shirting

do
staples..
do
Union mourning,
do Grcc'ngrey
do solid black,
do shepd plds.

7*4

Wamsutta

8

robes ..
do
Washington fa'cy
do robes
do ruby
do Swiss rnb.
do greemt or.
do_ blue & wh
do blue * or.
do German...

7)4

7)4
11
18)4

.

7Jt

do indigo bl
do greens...
do ruby
do pinks....
frocks....
do
do German p
do bnff
fancy stap
.
do

.

do cambrics.
do pinks
Conestoga fancies
Cent. Park shM'g

6
6)4
6)4
6)4

Simpson's solbks
do blk & wh
do shep plds
do silver grey
do hair cl chy
do steel grey
do grass cloth
Spragnc's fancy.,
shirtings,
do
robes
do

1"

Lodi fancy
Manchester fancy

do cambrics
Brighton suitings

do robes
do purples...

solid black
fancies..

do Ger. pWid.
do choc ch'ck
do diagonals.
do rnby
do Swiss do.
do green&or.
Hamilton t-trip«8.
do percales
do purples...
do hair cord.,
do shirtings..
do robes ...
do 9-3 cam!)..
do checks....
do fancy....

6)4
6)4

—

do solid col'r
Peabody solid
Richmonds fane's
do grays
do chocolates
do robes
6
do Germans..
6
do chicks
6
do pinks
6)4
do purples
7)4.
do rnby
7)4

.

Arnold's fancies.,

.

Domestic Cotton Goods.—The exports of domestic cottons
from this port for the week ending July 3 were 1,044 packages,
United States of Colombia,
which were distributed as follows

I

.

.

do robes
Passaic fancy

Hand's

stripes
buffs
shirtings..

pinks
pink ch'ks
Germans.

Pacific Mills

6)4
6)4
6)4

do mourning,
do shirtings.,
do shep'dpld
do

I

654
7)4
714
714
6)4

6X

'9)4

Gloucester

j

6

Aliens' fancy..

do
do
do
do
do
do
do
do

|

.7

do robes
do ruby
do purple
do shirtings..

7
6J4
654

.

7

purples....
stripes....

Oriental fancy ...

7

do pinks.
do shirtings.,
niugs
do mournings
do solid
do. purple....
do German...

|

7)4
6)4

7

Garner's fancies..
do cherks ..
do robes

6)4
6)4
7)4
6)4
7

6

trade

goods

6*

do
do

'5)4

.

do shirtings..
Anchor shirtings.

.

Friday. P. M..

frocks.
do
Freeman fancies
do rnby
do Swiss do..
do pinks

6)4
6)4
6)4
614

1

80
7
7
7

6

6M
6X
r,x
6J(
b)i

fancy.
'o'

n>
7>
7'-

Tickings*

:

Venezuela, 51; British
433 packages Chili. 221; Peru, 113;
Honduras, 45 China, 42 British East Indies, 42 Great Britain,
Brown
and the remainder in small lots to other countries.
;

;

;

;

28,

ruling
sheetings and drills were in steady demand and firm at
sheetings
wide
and
sluggish,
were
shirtings
quotations. Bleached
moved less freely. Denims and dyed ducks continued in fair request, and, being closely sold up,

lire

firmly held. Cheviots were in
were advanced $c. Tickings,

improved demand, and some makes
and corset
stripes, checks and cottonades were lightly dealt in,
jeans and satteens moved slowly. Grain bags, cotton warps,
batts and twines were less freely taken, but ruled steady in
more
price. Print cloths were very quiet, and holders evinced
disposition to sell at 4fc, cash or short time, for extra 64x04s,
•nd 8Jc. for 56x60s. PrintB ruled quiet, but ginghams were in

steady demand.

Width. Price.

Amosk'gACA.

..

do
do 4-4
do
A.. ..
do
B.. ..
do
C. ..
do
D.. ..
E.
do
do awning ..
60
Conestoga
do prem A. 1-4
do do is. I

17

SO
15

13«
12 S4
1054
10
18
32)4
18

do

4-4
7-8

di-

do

do
do
do
do

ACE.
No.

1.

awning
No. 2.
No. 8.
No. 4.
No. 5.
No. 6.
No. 7.

OBO

88
32

..
..

1254

..

10X

..

..

..

9
80

lbX

Pittsfleld

.

15
12J4
18)4
18)4

10

W

19
18

82-25
16
15

..

do AAA.,
do AA
...
do BB
do A
Hamilton BT.. ..
do
TT. ..
do
BT
do
D
Lewiston A... 86
A.... 82
do
do
A.... 30

.

Lancaster

do
do
do

Falls

I

ex... 4-4
do
ex. 7-8
do
do Gld null I- 4
CCA7-8
do
CT..4-4
do
do Penna.4-4
AA 7-8
do
do
X...7-8
do FF
do
a. ...7-8

Width. Price.
17
Cordis AAA.. 88

Width.

Methuen AA..
ASA.
do

..

Vinnehahi... 7-8

do

....4-4

Omega C
do
do
do

9
16
15

'.

B

1'ric

15
18
19
28
11
17

A

ACA..

do ...
do
do medal..

9H

80
36
..

Pearl Rive.-

Palmer
Pemberton A A
B
do
B
do

13)4
12)4
10)4
18)4
1854

Swift River
Thomdike A..

18
15
1354
654

..

I

..

..

B.. ..
do
Willow Br'k No 1
WhittcntonXXX.
A. ..
do
SO
York
76
do

II

— —
Jolt

— —

1

.

»^
:

.

THE CHRONICLE

1877. J

7,

Importations or Dry Goods.
The importations of dry goods at this port for the week ending
July 5, 1877, and (or the corresponding weeks of 1876 and
1875, have been as follows
:

1NTIRID FOE OONSUMFTION FOB TH1 WIIK EKDINB
1875

,

.

Pkes.

Pkef. Value.
jlanofactaree of wool
cotton..
do

do
do

155
331

silk
flax

Miscellaneous dry goods
Total.

—

1877
Pkirs. Valoe.
214
393,191
673
167,6V!
490
800.438
519
92,275
217
57,535

.

,

Valne.
$65,466
95,384

155
376
1J5

}84,66l
123,136
166,735
51,749
22,360

226
2;6
94

Jl'I.T 5, 1817.

1876

.

93,179
31,888
86,632

161
111

23

Exports 01 Leatlus Articles from New York.
The following table, compiled from Custom House returns,
shows the exports of leading articles from the portof New York
to all the principal foreign countries, since Jan. 1, 1877, the
totals for the last week, and also the totals since Jan. 1, 1877
and 1870. The last two lines show total values, including the
value of all other articles besides those mentioned In the table.

,

CO

C t~ *o

5-c

-,

SilSS

5 ~r.

n

^1

IJ7 7TJ

*p»t

L-

<J(J

*J iifl"

r-t

i*v

-w *w

--.'

w^

•-.

_..

^r

*-~

^_

*.T

w•* -j *

t^j

*-^

s

'jj

-j_p

935

8143,611

1,152

$315,039

2,053

$713,093

-r*

:?.

..

T g

BAMS FKRIOD.
Manufactures of wool....

$31,334

6.160

73
76
24
148
103

1,152

$212,427
448,611

~424
935

$129,517
825,099

3.061

$166,963
711,093

Total thrown upon m'k't. 1,701

$661,0-38

1.359

$154,616

2,581

$880,056

do
do
do

167
ISO
27
189
30

$19,373
42,615
81,005
47,3:4

"Isi

cotton..
Silk
flax

miscellaneous dry goods.

Total

Addent'dforconsumpt'n

92
105
37

21.016
86,247
88,034
4,753

2H2
22
518

S37.761
47,125
30.919
41,812
1,326

3.2 «w3> — ao .•cMenT4T»co2(wav-«a « « w^« « oo « <- 5 1- -c t* o s5
*- ja ©co v'i-V 'aifco
s^t-T
tn
oiaioaaaw to <* V*?-^-*et »
co «

co

— o go

oa

•

•

is s>
v-.

*

do
do

silk
flax

295
311
98

498
274

Miscellaneous dry goods.

237
139
64
268
667

$175,421
92.874
113,532
110.906
15,919

$115,598
41,615
42,020

232
235
78

41,118
36,281

982

$270,835

1,474
1,152

$508,202
413,611

935

315,099

Total entered at the port. 2,626

$956,613

2,355

$535,934

Total...

addent'dforconsumpl's

1,420

Imports of Leading

42!

1,948
2,0.3

°^
JB3

$239,460

S3
i

713,093

2SS3

4,011 $1,002,553

Articles.

1,'77

Same

China, Glass and

Earthenware
China
Earthenware. ..
Glass plate
Buttons
Coal, tons
Cocoa bags
Coffee, bags

Drags, AcBark, Peruvian..
Blea. powders...
Cochineal

Cream Tartar...
Gambier

Gnm, Arabic
Indigo
Olive

Opium
Soda, bi-carb.
Soda, sal

. .

Hair
Bristles

*c—

438

Lead, pigs

62,863
432,277

Steel

li

4,8Si

Tin, boxes

2,66ii

Tin

2,640

...

Tobacco

15,019
1,098

Wines,

92,605

77,809
407.255
812.831
6C8.312
29,339
419

Ac-

Champagne, bks.
Wines

47,852
66,168
20,053

Wool, balss

vcUm—

$

t

604,424
38,4^6
375,968
156,0i0

717,631
27.233
528.265
203,140

415,401
1,0H4,104
451,660

420,622
1,125.800
442,796

565,879
6.567,437
113,865

704,699
4,022.689
73,833

43,!:3
62,615
183,18*
29S.7S3

103,403
93,511
275.544
92,999

829,993
13,007
268,770
21.692

221.045
51.918
818,131
29.003

Corks
Fancy goods
Fruits,

85,963

723
3,176
31,365
456

2,395
23,36«
1,430

&c—

Oranges
Nuts

ISO

1,743
75.601

Raisins
Hides, undressed..

918 Spices. Ac.
Cassia..

Watches
Linseed

1,418
230
195,833

362.099

61,099

70,311

Woods

1,411
301

"•»

yoo
r-t-t-

:

-

« *-0

'

fi 47-03*0
0_ ;CO

•

artSigor-QC

"

<3

.-O

'S

*

»o

*• 9*<?i

•

•

•

XS
8J

-23

:

•.

M fi,- CO «
«™
-w-

J
3 X)

00"

s
t

-Z"Z

^

.

:

— rw
rr-

v-.

•

Crf

.SSKKS^

:SS

:S :3

:

:

«rt>2

:PSS?
.»-« r:

:

r-.

o

•

•od'

'P«gOr4-S2

*

.S

:

•£ ^ « S ^^

M 1- 5. o ao

co

s

O^

9
>tr]3

>e<

:S2

::

i

•St-

•*

*2J

S

C^ to S* O*

O -M

sffsd"

«*5"ot

v«to

«rt

f3Til-

I

jj

^

•

r«»

O

.
,
.

Fustic

.

-o •toton
•dft'WO
— » *0
»- •"»--

.

.trj4>

.

.

*
•

»to
*<o

1877,

and

for

•

JO
&s
***

.r-

.

34:

:

—

.

^- ->
~
j

•

fft

•

2£«

"if

>

.

O v-i« .O

=«

•
.

•

(M

•

•

.

.

:

1

•

•

:

•

g

•

:

tt

.as

•

•

Irnsn

.

:S

:

:

1

:

:°S

:

:S3 :|?!S i§

:

:

:K"SSS?3
toe»>

.0
:s

...

-o**

....

.

.|5g5

:

.

.

!

:

1

,g»

....

.v)

:*::::

:S

;

.— .n,i«
:* tts®

.it 1
.0 10
.ss3>
'.!>>
.

,
.

.
.

•

•

.^»

*^

"-.

3

.

.

•

•

;

;

!?2

0|~

•

ar-tV*

loW

:

»

^

o>

aa

*

-«*s
oo-^«o

43I0

:

8&1e

.lIT.

•

:

Ot3»

=;

:

SS5
SalS

.

1,

•

•c?oo

2c3

Receipts or Domestic Produce.

The receipts of domestic produce since January
the same time in 1870, have been as follows

i-t-o sixrn
en
•»r^-»ao .»tem
.gtDW
•-_:*- o 'OC
com -a* e*<o

.«cj
•«.jr5

Li---

S5

Cork

.qo
—
.00
.

'Sis'sf*

.

Ginger

.

Jewelry

52.122
62.572
28,338

Articles reported by

Pish

:

-^

»-«

tecooorz? :Scl3Scoao<"

!

19,26!

613
18.191
22,013
25,390
5,113
8,193

*£

w4

m «°
eg

1,886
407
S6.719
154.430
26,439
4 36, 90 i
4,8. 9.039

851,466
1,675,386
477.633
30,898

426

17.611

«ir«r
»—
0^0

*oo"

&

Sugar, bxs &bags.

19,32i-

2.616
J,S16
6*t

25,1 49
489,972
5,322.341

slabs, lbs....

18,970 Paper Stock
14,129 Sugar, hhds, tcs.
602,252
bbls

207
25.902
2,365
3,630
ste
22,666
515
12,039

1.1US

Hides, dressed..
India rubber

9,718
17.291
165,819
13,5,

1,778

Hardware

Tea
5.299
15.647
1,015

27,547
2,436
2,69'
3,399

cloth

Jewelry,

8.102
18,53)
116.814
10.901
4,368
3.S27
19,721
12.692
1,074,401
1,750

.qo
»^-

CO

Ac-

Cutlery

84/66

Furs

Qunnv

Metals,

i-i

j-.

T7o«

Since
Same
Jan. 1,'71 time 1876

'ime 1876

£*

no

compiled from Custom House returns,
The
hows the foreign imports of leading articles at this port since
January 1, 1877, and for the same period in 1878:
[The quantity Is given In packages when not otherwise specified.]
Since

» ao
-^

•?*

t— t*

g'rCin

lis"

5102,676
62.415
47,519
42.725
34,015

following table,

Jan.

"!*.
*

Iff

IHTISED FOB WABBHOUSIKO DCRINB SAME PERIOD.
Manufactures of wool....
cotton..
do

.

»

'

WITHDRAWS FROM WARBHOUSI AMD THROWN INTO TBS XABBBT DURING THI

OH

10

^
l«i-VCOf r*ai(7 31 a-.fflai-tBwr^jcrj ^^ -~*""" s V te l®.^l,**«^*' °°.
:3
,-<
o?.«7:,-ffliQSl-J!Cw
£
J:
_
ao iro ro ff* «» <*• — 2* ci *- —
^ => r>
oil
<N
s-»
W *V •** w» fi <N « W ©St
*
£fi — u3>-i — 'OsO lO •*
"
**
S
g-5
s
•-.

'£

^ o» «T j» p ^»

3»

""S*

g5

»

<«•

<J

^

'jo

— on
1

^2

r-*t-»5co

iC

:

Since

Same

•Jan. 1,'T7

time 187b

Flour

bbls.

"
"
Barley* mall "

Oats ....

Rye

.

Grass seed. ..bags

Beans
bbls.
Peas
bush.
Corn meal., bbls.
Cotton
bales.
"
Hrmp
Hides
No.

Hop»

..bbls.

2.191

1.710

152.770
9,719

242,716
4,120
37,563

11,522.794
4,627,999
333,812
1,810,100

74.563
44.200
165,614
129,240
847.18!
2,9! 9
2,015,136

bales.

31,03-1

2,100.75!-

"

3,175

!

&f,

Leather
sides.
Molasses
hhds.
Molasses
bbls.
Naval StoresCrude turp..bbls.
Spirits turp "
'•
Rosin

Tar

Pitch

Oilcake....
1,316868 1.866,474 Oil, lard...
3,S4\817 13,537.393 .Peaiuts
..bags.

4,258

Breadstuffs

aig
Since
Same
Jan. 1,'77 time 1876

363
67,093
1,268
83,72
160,115
13 93:

9.612.V3:
5,391,731

507.910
2,040,872
63,041
53.9)1

754,465
90.17.3
435,82.1

1.601
2,010,468
86,921
2,210.378
81
40,029
1,611

32.428
138.21V
u,'in»

8.1.132

•

1ST!

Iwi

;

.5r'10 9t)aor3

4rt5

»

CO*

83

:S

.3

a

:

!S

•

"29

ProvisionsButter.... pkgs.

560,704
633,239

.

Cheese.

.

Cntmeats ,. '•
11
Eggs
it
Pork ....
11
Beef
M
Lard
Lard
.kegs.
Rice
Starch

.

Steariue..

'Wool

316.442
99.130
93,010
$02,971
21.641
21,169
182,342

pkjrs.
'•
;

.

..bbls.
Susar
Sugar
.hhds.
Tallow .... .pkgs.
Tobacco. ..
Tobacco.... .hhds.

Whiskey

463, 9J3

..

....

Dressed hoars

.bbls.
bales.
.

.

No.

10,331

525

551,688
564,258
267,169
355.051
103.341
56,0.'0

28.1S4
182,926
13,542

59.018

85.54 3

99.691
86,989
87,367

.•*•*

a 3V

-arr-TTV

•;

B0

'03

o «

*&

to

or

»
»^
f^S^-for:
*«*0 '(Qojt'V
i.'«x«q

*

SS

».t

•

'

.r"i|i,.i.t*

*»2

S 2 o a 3 pi*

M

^;_j-

!£ t-

-55

.c

ar5

l

w-fsfrf^s sVffzfftsfaa

B * «
'

8,02't

39.14')

85,768

•£?;

,^-COCO

« 0Q

200,343

87
8,184
28.276
103,332
57.772
69,662
31,150

12,081

* •© >o-4

ao

« • * • « « •

_ „ ^Q ^ ^

**

:

•

•

00

:

•

is. *ti *-»

^^
W.

2'-""X'» s"S

" m m m w » «

3 — -"«*".

o

£
fOCJOTiif)

»)

*'

4266

:

:« :3

= 3

:ggt»

i,iJ
5

S 1

»-2 9

S

Ob.^< s o ®
goSaStOOOOw 5g

*

CO

J

-

1

t-H

K

.

UENER1L
PRICES CURKENT

GUNNIES.— See

9 »

Pot, flrstsort

i. i

BRKADSTUFFS— Seespeclal report.
BUILDING MATERIALS—
Bricks— Common bard, afloat..* M
Crotoo

*
*

Rockland, finishing

lumber— Ptne.g'd to

Pine, shipping box
do tally boards, com.to g'd.oaeh.

Oak

* M.
A»b,goo1
Black walnut
Spruce boards ft planks, each
Hemlock boards, each
Maple
V M.

Ham— ".0iSi0d.com, fen. *

120

it.

80
45 00
18 DO

25
35 00
35 00
70 00

@
a
a
a
a
a
a
a

23
Hi
30 00

ft.

keg

sli.*

ln.ftlonger

Clinch, lx to

3
a
a
a
a
a
a
a
a
a
a

2 75

4 25

Sdnna

Cnt6plkes,al]8izes

Taintt— Ld.,wh.Am,pure. In oil V »
Lead, wd. Amer., pure dry
Zinc, wh.,Amer. dry. No. 1
line, wh.. Amer., No. 1, In oil

....
...
i is

70 oo
22 oo
33
83 00
75 00
28
is

35
2
5
5
s

Paris white. Enk., gold....* 100 tt.
Prices)—
Dairies, pulls, g d to p'me State * lb.
West'n f act'y, tubs, g'd to ch'ie "
H'i flrk. ,tuos, State, f'r to prime M
"Welsh tubs, State, com. to p'me "

9

a

\R

a

13

II
13

i

15
16

(9

1

M a

State factory, fair to choice
* »>
Western factory, good to prime.. "

Ltverpoolgar cannel
Liverpool bouBc cannel

u

8

a

6

<&

June

52 I J 17-2
65
2 25-2
65
2 27-2
57
2 55-2
55
2 32-2

SO
it
45
57
37

1 65
2 65
2 65
1 75
2 65

65
65
65
75
2 60
2
2
2
2

gold.
gold,

:

"
"

Domingo

"
"
"
"

gold.
gold.
gold.

Savanllla
Costa Rica

COPPER-

*

Bolts

Sheathing, new (overl2 oz;
Braziers' (over 16 oz.)

American Ingot, Lake

COTTON— See Bpeclal report.
nBUUS ft DYES—
*
Alum, lump. Am

n>

gold.
Argols, crude
"
Argols, refined
•
Arsenic, powdered
4
Bicarb. soda, Newcastle. V 1001b "
*lb cur.
Blchro. potash
*K0 1b. " 1
Bleaching powder
gold. 29
Brimstone, crude, per ton
*ft..cur.
Brimstone, Am. roll

Camphor

'•

refined

Castoroll.E.I.inbond. *ga!..gold.
* 100 » ••
Caustic soda
"
*lb
Chlorate potash
"
Cochineal, Honduras, silver..
"'
Cochineal. Mexican
Cream tartar, prime Am. ft Fr. "
cur.
Cubebs, East India
gold.
Cutch
"
Gambler
cur.
-.
Slnseng
"
Glycerine, American pure
"
Jalap
"
Licorice paste, Calabria
"
dlcorlce paste, Sicily
tlcorlce paste. Spanish, solid., .gold

a
g

w%

21
20

27

18X®

21

13

2>

sox

16X-a

21
17

16X8

VOX

13

21

2Xa
a
a
50 a

"
Brimstone)
(In bond), gold.
Opium, Turkey

Am. .cur.

gold.
cur.

"
...
lb, gold

pr.

*». cur.

Sodaash
* 100 lb. gold
Sugar of lead, white, prime. *Ibcur
"

Vitriol, blue. common

FRUIT—

Sallies, Seedless.

do
do
do

....

per 501b.

do
Dates

1

do

* case

fib

G-a.

prime

ft

choice

"Waortleberrlet

24
2 00

24
47
1 25
1

22X
22

195
19

8X

a

00
21 00
is oo

a

1000

®
a

15

....a

3 75

62^a

1 65

a

oxa

2 20
11

....a

iX

.6X3
17X«

.8*

....

a

a
•
a
a

{

a
a

3
4va
4

s

5

a
a

5X9
12X9

'.2

14
8

2l*
:-50

a

12X9
12xa
3

.

unpared, halveBandqrs

Blackberries
Raspberries
Cherries
Plums, state

14

19
lb

7>«

None.

^

quarters
do
State, sliced
do quarters

do
Peaches, pared,

do

19 00
13 00
8 so

I
s

Apples, Southern, sliced

28

a

..a

a
a

14

19

H
17
14

UM

loxe
8

a

b5
10S

....a

oxa

II

a
»Hi
11
a

16
13

15

UM
55X

Panama strip
Carthagena, pressed
Nlcarsgua, sheet
Nicaragua, scrap
Mexican, sheet

41
14s,

w

Pig, American, No. 1
Pig, American, No. 2
Pig, American, Forge
Pig, Scotch

V

ton. 18

I

43X
35

@

19 00
IS 50
17 50
29 00

itore Prices,
Bar, Swedes, ordinary sizes. .V ton. ISO 00 9132 50
....*lb.
Scroll
8 @
t
5 3-10® 3 1-10
Hoop, Xx.No.22tolftlXx.l8&'.4 "
-..gold.^ib
Sheer, Kussla
li'Xa
11
Sheet. single, douhleft treble, com.
4
3xa
Rails, Amor., at Works.. V ton, car. 33 00 a 36 00

a

47 00

gold 6 62X8

S 75
3 ",5

45 00

9

100 lbs,

Domestic

cur.

*

5

60

a

lb.

7Xa

Uemlock.Buen, A'rea,h.,m.ftl.f ».
'•
California, h., m. ft
" common bide, h., m. £1
" rough

a
a
;!*»
26 a
31
a

Bar (discount.
"
Sheet

10 p. c.)
•'

9

LBATHER-

a

27
so

*

....»
42

f5
45

"

z

9

Rosin, strained to good strd.V
*•
low No. 1 to good No. 1

45

12V
4
4

&X
5
15
8

6X
24
15
li

10

i

bill.

1

'*

2

"

2

"

2
5

*'

'•

1

"

45
15

57

53
70

"

72

"

5s
13

M

1

"

"

9

Crnde, In bulk
Cases
Refined, standard white
Naphtha, City, bbls

54

gil.

9

Pork, mess
Pork, extra prime
Pork, prime mess, "West

2 OO
2 65
2 li
4

a

*

.,

14 20
10 00

13 50
11 0J
13 50
21 00

RICECarollna.falr to'prime
Louisiana, good to prime
Rangoon, In bond, gold

9

12

li

*

a
a
a

1

a

a
a
a
a

47
20
ti
31

1 10

73
6b
1 .0
1 48

a

a

a
•
«

•
a

I2X«

B.

gall.
**

"
••

9

Whiskey

gall.

Turk's Island
St. Martin
Liverpool .various sorts

9

bush.

*

sank.

SALTPKTRE-

lit

13K

14 30
10 50
11 00
12 00
11 00
-1

50
7
i.'v
»

6V
ev
3 25

....»

....

Crnde
Nitratesoda

Olover, Western
Clover, New York State
Tlmolliy
Canary, Smyrna

Canary,

2 SO

....a

6X8

gold

"

perlOOIb.

SEKDS-

,

SO
ss

* lb

9
*

....a

lb.

bush.

Sicily

14

Dunh

a
a
a

12'^
40
IS

9
9
a
a
9

American blister
American cast, Tool
American cantsprlng
American machinery
American fceraoan spring

,

00
00

17
B
4
8

00
25

12X9

2

1

'.3

fllore Prices.
16
14X9

6X3
9 a
9X9

14
ioxs

10X9

",*

...a
....a
.
..a

10

.

6it

a
a

cur

Cuba.lnt.to com. refining ....9 lb,
'•
do fair refining
"
do goodreflnlng
•'
do prime, refining

16

.-.

...

®

..

@
®

— Hard

.

9X

»x

a

10

a

iox

a

F

9«»
10

ipv

sxa
6

8X<8

9X3

10J.3

lOJt

10V»

HX«
11
a

i9^

»»a
9 9
9»a
v a
8V»

10Ji

9V

HX
9JS

10X

n«a
uxa
una

crushed

'.2

12

HJb
11V

vm

a

10X"

r.K
10«
K'K

10V9
ioxs
U'Xa

10

9*. a)

9V

TALLOW—

9

Prime city,
Western

a.
'*

....a

TIN—
gold.* lb

"
M

Straits

English, refined
cok e
Plates. 1.
PlateB.char.terne

C

TEA—
11

y son.

tfbx g d. 5

"

Common to

5

cur.* lb

lair

Young HyBon.Com.to
do
do
do

fair

2.5

38
56

90

Imperial. Com. to fair
Sun. to line
uo
Extraflne toflneet
do
Hyson Skin. ft Twan..com. Lo fair.

do
Sup. to fine
do
do
Kx. nneto flnest
do
Uncolored Japan, Com, to lair
00
Sup'rtotlne
do
Bx. fine to finest
Oolong, Common to lair.*..
do Superior tonne
do Ex flneto finest
do Choicest

15

00
00

2
2
2
2

50
(0

60

....@

1

65

1

1

12X®

75
2 15

25
33
43
43
21

7..

Snp'rto line
Ex. fine to finest

Manufac'd,ln bond, black work
"
" bright work

WOOL—

¥»
2

Extra, Pulled
No.l, Pulled.,
California. Spring ClipSuperior, unwashed....
Fa'r

Burry
South Am. Merino, unwashed
Cape Good Hape. unwashed
Texas, fine, Eastern
Texas, medium, Eastern

Smyrna, unwashed

gold.

ZINC.

To LlVKBPOOLt

Cotton
V ».
Flour
* bbl.
Heavy goods, .yiton.
Corn.b'lk ft bgs. 9 bu.
Wheat, bulk ft bags..
Beet
V tee.
*bbl
Fork

gold, net
cur.

-ITIK
a.

if.

9.

x a

1

4.

40
ss
43
si

26
40
65
10
SS
43
~'0

1

a
a

15

M
a
H

*....

4X9 ...
4
«....
so a....

»
15

(O

7*
25
1 15

21

44

a

50

a
a
a
M a
so a
>3 a
18 •
13 a
28 a
so a
fit
17 *

15

56

40
25
35
28
22
17
82
35
32
32
18

»
ex
1%
7X«
»—- Silt-— -,
ft

I.

d.

9.32

20a.
945

17 6
4

1

s
9
10
5
12

Pa. assorted lots, '74.'75
Havana, com. to fine

DOmtstlc

23
ss
50

&

a
a
®
a
9
a
a

a
®
a
a
•
75 a
13X9
21 a

fib
Kentucky lugB, beavv
"
leaf,
Seed leaf— New Eng.wrappers^l-TS
"
fillers, *74-'75
do

FRE1GHT8—

a
a
a

ftl

TOBACCO—

»

16i,'

a
a 23"
a
Nominal.
30
25 a
15
z3 a
65
50 a
SI
27 a
45
35 a
65
50 a
90
so a
25 a
SO
36 a
m a 80

Souc.ft Cong., Com, tofalr

II

5 75
6 12«

22
30
56
80

to fair

American XX
American, Nos. 1 ft
American .Combing

87X3

13X

Nominal.

Sup. to fine
do
do Ex. fine to finest
do Choicest

do
do

V)£

23
30
43

Super. to flue
Ex. flneto finest
Choicest

Bunpowder.com

]BK»
16
3

VXi
:o ®

Superior to fine
Extra fine to finest
Choicest

do

do

do
14X

1

io)

sxa
....a

do fair to choice grocery.... "
do centr.hhds.ft bxs, Nos. 8@13
Molasses, hhds ft bxs
Va)
Melado
Bav'a, Box.D. S. No«.7@9
do 10912.
do
do
do 13(3)15
do
do
do 16918
do
do
do 19@2ll
1)0
do
white
do
do
Porto Rico, refining, com. to prime,
grocery, fair to cholCw.
do

Sheet. Foreign

«

90

2 25

Hemp,

roielgM
Flaxseed, American, rough
L'nseed, Calcutta
9 56 lb., gold.
Linseed, ifumbuy
* 56 lb., gold.

12M
7
S 50

1«X@
1

00
8 50
3 00

English, ca8t,2dftl8tquallty Vlbgold
English, sprlng,2d ft istquallty.. "
English blister, 2dft lstquallty. ••
"
English machinery
English German, 2d ft 1st quality "

Interior

SALT—

3 75
4

STEEL—

10X

6X»
exa

lb.

100 lb.

9

Patna

®
@

8Ka

"

9

1*

to
90

gold.

,

Brandy, foreign brands
f 4th proof
St. Croix, 3d proof
Gin
Domestic liquors— Cash
Alcohol (90 per ct)

10

uua

"

22X

a
a

14Xa

Rum— Jam.

do

«*,«

"

...•..

80
85
12
31

SPIRITS-

5X

9X

is

'*'

25

....a

•'

Lard, City steam

vmv

31X

a
a

17

bbl

:>"

SSi
18 X

"

"
Beef, plain mess
"
Beef, extra mess
Beef haniB, choice WeBtern.... "
* »
Bacon, City long clear

f

2 2

....a

"

PROVISIONS—

.,

a
«

....a

PETROLEUM—

Hams. smoked

a
a
a

2 50

....a

"

•'

Whale, bleached winter
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Nos. 1 and 2

7

13
23

gK.

Other Yellow
63
53
65

8sa

gal.

S7X

6 DO

6X9

oil A
a,.
do
White extra C
Vellow
do
Yellow C

40

5

9

6

....a

cut loaf
Soft white, A. Btandara centnr...

a
a
a
a
a

tax*
8i
90
20
05
75
00

11

Olive, in caske* gall
Linseed, casks and bbls
Menhaden, crude Sound.....
Neatstoot, No. 1 to extra

a

00

12V&
22xa
2ixa
21X®

do

4K®
9X@
,

gold

lb,

Hard, powdered
do granulated

lb.

OAK UM— Navy.U.S. Navy ft best 9 lb.
OIL CAKE—

7

6 25
5 87X3

Cloves
do stems

Refined

bbl . 2 37XS
"
2 50 8

9

Cotton seed, crude

9

Banca

gal,

low No. 2 to good No. 2
low pale to extra pale..
wludowglaBS

cur.

Mace
Nutmegs, Batavia and Penang
Pimento, Jamaica

....a

'*

"

Pitch, city
Spirits turpentine

B. gold.

100

common

Pepper, Batavia
Singapore
do
white
do
UasBia, China Llgnea
Batavia
do
Ginger, African
do Calcutta

a

"
"
"

9

Reflned.pure
13

Forelgn
Domestic,

SPICES—

a

gal.

"

@

None.

SPELTER-

MOLASSES—
Cuba, Mus.,refin.gr'ds,50test.
do grocery grades.
do
Barbadoes
Demerara
Porto Rlo.o
N. O., com. to]>rime

None.
None.
5 50

Brar/il, bags. U.S. Nos. 9911
Java, do. D.S., Nos. 10812
Manila, superior to ex. sup
N. O., refining to grocery grades.,..

23
22

Slaughtercrop
Oak. rough
Texas, crop

Usual reel Tsatless
Usual reel Tavsaams
Re-reeled Tsailess
Re-reeled Cotegon

8UGAR1X1

17 50
16 25
24 50

OILS—
..

28

a

a
a
a
120 a
21
a
72X8
a

li

13

City, thin oblong, bags, gold, 9 ton.
Western, thin oblong (Done.) cur •' 31 50

3

a
a

a

17
15
15
13
17

Para, coarse to fine
Esmaralda, pressed, strip
Guayaquil, pressed, strip,

walnuts, Naples....
Pecan

22
25

a
a
a
a

a

2'.Xa

Krazll
Fllnert", Sicily

6*

a
a
a

22
1 75
4 28
22
45
4 25
50

.

Almonds, Jordan shelled

23
65
60
33

5

24
40
25
26

•'

..

23X

INDIA RUBBER-

NUTS—

m

4\a

1

*

I

9

21

"

do

do..
Bahia,
do..
Dry Salted— Maracaibo, selected
Nfatamoras
cur.
Savanllla,
do..,
gold
WetSalted— Buen.Ay, do.... gold.
do...
Para,
do...
California,
do,... cur.
Texas,
E. 1. stock— (Jal., slanght
gold
Calcutta, dead green. ...
Calcutta, buffalo

••

8«,9
6J<a
1 48

per lb

Figs, layer

do

a

2 10

French

Matamoras.
Maracaibo,

••
••

a

1

Canton Ginger
Sardines,* hi. box
Sardines,^) or box
Macaroni, Italian
Domestic Dried—

55

27V8

irall

Layer.new
Loose Muscatel, new

Sultana, new
lo Valencia, new
Currants, new
Citron, Leghorn
Prunes, Tnrklsh (new)

1

a
a
31X8
85 a
a

W»

California,

3

,

North River, prime

.

12X
13X

00

FISH-

FLAX—

3X
4

13

8

George's and Grand Bank cod.p.rjtl,
pr.bbl
Mackerel, No. 1, VI. shore
Mackerel, No. i, -Bay... .Mackerel, No. 2, Mass. shore
Mackerel, No. 2, Bay

2JX

Tar, Washington
Tar, Wilmington

22
30

a

00

22

5\

NAVAL STORES—

"a

5

OH vitriol (66

Sal soda, Newcastle. .*Mi
Shell Lac, 2d ft 1st English.

19.X

2X3
18

*'

Cuba, clayed

31
32

s'-a

cur.

Rhubarb, China, good to

id

21
"i.'^a
58

"

Quinine

,«,

26

II

1

19

"

Prusslate potash, yellow,
Quicksilver

a

18X8

4 20

,

Madder, Dutch
Madder, French
Nutgalls, blue Aleppo

20X8

cur.

8«
6M

...

28
22

Ordlnary foreign

"X
19V

a
a
a
a
1%3

n>

00
00
00
00

20X9

do....
do....
do....

Steel rails

<$

.

9215
@135
9210
&275

'•

Rio Grande,
Orinoco,

LEAD-

260

a

••

gold.
gold

2 65
2 65
2 65
2 75

n a

Rlo, ord.car. 6Oand90days.gld.*»
do
gold. ••
do fair,
gold. "
do
do good,
"
gold.
do
prime,
do
gold. "
Java, mats
gold- •'
NatlveUeylou

St.

by July

P.

UOFFHE-

Mexican
Jamaica
Maracaibo
Laguayra

or

,

75

IRO»--

4 R... L. * W.
Port
Port
Hoboken. York. Richm'd Johnson
Juoe 27. Schel. scin-d.
Schea.

13.

42-2
45-2
50-2
45-2
4:-2

12
2
Kgg... 2
Stove.. 2
Ch'nut, 2

at last Auction

New

burgh.

.

9

10 008 11 00
13 00 a 14 00

D.L.&W. D&H.

NewSt'rub.

12
90

1 80

COAL-

:

8

to
oo

7X

CHEESE—

Per.n.

oo
75

iox

llxa

BUTTER— JVeio-tWholesale

schedule

.-.»» "
"

a

sisal
e^a
"
Jute
3^a
HIDESDru— Buenos Ayres,selected.^lbgold 23 a
*'
Montevideo,
do....
32 a
"
Corrientes,
do....
21Xa

4000

9V9
8X9
6X3

,

Anthracite— Prices

175 30
130 00
gold. 205 00
" 270 00

Russia, clean

5 25
10 00
27 00

8ILK70

lb

V ton.

Manila

bhl.
bbl.

M It.

ex.dry.tf

100

Italian

8 110
23 Ou

Philadelphia
Cement— Roaeuaale
I4roe— Rockland, common

*

North River shipping
HBMP AND J U IEAmerican dressed
America), undressed

XXV.

[Vol.

report under Cotton.

HAY-

ASHES—

Auc

.

THE CHRONICLE.

24

Grate..

.

2 '!»
12 6«
4
4

a
a

«.

d.

X comp.
20

:

July

7,

:

THE CHRONICLE

1877. J

*

i

Canadian Bankers.

Canadian Bankers,

Financial.

AGENCY OF THE
Bank of British
North America,
No. $2 WALL STREET.

The Canadian

The Brooklyn Trust Co.

Commercial Credits (turned for use la 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 Draft* on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other flanking Business transacted.
D. A. MacTAVISH, ( .„.„.,
Agents.
C. M. MOR RIS,
j

AGKNCT OF

Merchants' Bank
OK

Bank of Commerce,
Capital,

This

$6,000,000 Gold.
$1,000,000 Gold.

Surplus,
Boys and

Sells Sterling

Exchange, and makes Cable

Transfers of Money.
Issues Commercial Credits available everywhere.
Grants Drafts on the chief cities and towns of

Canada.
J. G.
J. H.

HARPER. ) A.„„„,.
GOADBY, J & cnt«-

The Bank of Toronto,
CANADA.
Capital,

$2,000,000.

HEAD

Reserve,

OFFICE, TORONTO.

Bah

fiS'

Lokdok, England— The City Bank.
National Bank of Commerce,
TJnw Vflnff
jiew
i ore. 5
{ c. F. Smlthers and W. Watson.
Collections made on the best terms.
.

..... $9,000,000 Gold.
..... 8,128,626

Capital.
P«ld up,

KE

•«

Exchange bought and -sold, Commercial
Credits granted, Drafts on Canada issued. Bills collected, and other Banking business transacted.

charter toael
of real

estate, collect Interest or dividends, receive
registry
anc transfer books, or make purchase and sale of
Gov.
eras, tnt aid ether securities.
Religious and charitable Institutions, and persons
unaccustomed to tne transaction of business, will find
this Company a safe and convenient depository
for

mosey.
_

RIPLKV ropes. President.
CHAS. R. MARVIN, Vlce-Pres U
„ __
Edoak M.
Collen, Counsel.

TRUSTEES:

.

I >c w
Henry Sanger, Alex. McCse,
•f;,h;.
£ £ ,?"'
hB P
Chtt "- K Marvin, A. A. Low.
iS
Ihomas £"}!?•
Sullivan, Ahm B. Baylli, 8. B. Chittenden,
U.K. Pierrepont, Dan'l Chauacey, John T. Martin.
John Halsev
Joslah o. Low, Ripley Ropes.
Alex. M. White,
Austin Corbin. Edmund W.Corliss.
-

Wm.

BDNKKK,

R.

Secretary

$1,000,000.

;

62

1300,000.

Company is authorized byspe«lal

as recolver, trustee, guardian, executor
or admlnlstr ator.
It can act as agent in the sale or management

-

DtTNOAK Coelson, Cashier Hugh Leach, Asst. Cash
Branches at Montreal, Peterboro, Cobourg, Port Hope,
Barrle, St. Catharines, ColUngwood.

Canada,
WALL STREET.

CAPITAL,

WALL STREET.

No. 50

* Clinton sta., Brooklyn, R. T.

Cor. of Montague

United States Trust Co.
OP NEW YORK,
No, 49 WALL STREET.
Capital

and

Surplus, $4,000,000.

Bills of

WM. J. INGRAM,
JAMBS GOLDLS,

LONDON AGENCY,

t
j-

. „. .^_

Agents.

32 Lo mbard

Exchange

Foreign Bankers.

Franz Herm. Abbes & Co

St.

BANKERS,

Bank

RREMEN, GERMANY.

OF CANADA.
Capital Paid

HEAD
M. H.

Up

-

GAULT,

Pres't.

MURRAY,

C. E.

MESSRS. SPE1TER

Henry

Sterling and American Exchange bought and sold.
Interest allowed on Deposits.

made promptly and remitted

for at low-

e»t rates.

Imperial

Bank of Canada

Capital,
H.

S.

HOWLAND,

HEAD

$1,000,000.
WILKIE,

President D. R.
;

Cashier

OFFICE, TORONTO.

Branches :-ST. CATHERINES, PORT COLBOKNE,
ST.

XI

THOMAS, LNGERSOLL, WELLAND.

Lombard

Agents

in all parts or the

59

COMMERCIAL CREDITS

Grant

street.

Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian business paper, payable In
or currency, discounted on reasonable terms, gold
proceeds remitted to any part of the United Statesand
by
gold or currency draft on New York.

Bank
CAPITAL,
SURPLUS,

of Montreal.
-

-

-

-

-

-

GEORGE STEPHEN,
R. B.

$12,000,000, Gold.
5, 500,000, Gold.

Collections on

all

Points.

Receive Deposit

and Current Accounts on favorable terms, and do a

WALL

C. F. SmTitiEs,

«ents.
Walter Watsos, JJ A,„„„,.

WARD, CAMPBELL

A-

CO.

Adolph Bcissevain & Co.

RANKERS

Exchange and Cable Transfers; grant Commercial and Travelers'
Credits,
•vallable in any part of the world Issue draft*
on
and make collections In Chicago and throughout
the Dominion of Canada.
sell Sterling

;

London

Office,

No. 9 Rlrchln Lane.

.

St.

$1,000,000.

LEGAL DEPOSITORY FOR MONET.
Interest allowed on Deposits, which may be made
and withdrawn at any time.
N. B.— Checks on this institution pass through the

M. McLeax,

EDWAHD

KING, President.
Vice-President.
id Vice President.

1st

Wm. Wbitewsight,

EXECUTIVE COMMITTEE.
J.

M. MoLeax,
HOTTON,

Sami-el Willkts,

Wm. WUITEWKIOBT,

S- SE. B.

Weslet,
U.G.Williams,
J. H.

Geo. Cabot Ward,
Theodore Roosevelt.

OGILVIE,

Secretary.

Knoblauch

AMSTERDAM, HOLLAND.

&

Sell on Commission American Securities
Holland and otLer Continental Markets.
Make Collections throughout the Continent ol
Europe.
Make Payments on Letters of Credit to Travelers
and transact a general American Banking Business.
Refer by special permission to Messrs. Blake
Brothers & Co., Boston and New 3 ork, and to Messrs
6.4 W. Welsh, Philadelphia.

29 William

LONDON,
On LAZABD FRERES * CO,

NEW
on all principal

Exchange Place,

YORK.

cities of

Credit

Europe.

SPECIAL PARTNER,
DEUTSCHE RANK, Berlin.

Geo. H. Prentiss,
Room

39

83.

BROAD STREET.

GAS STOCKS
A SPECIALTY.
Brooklyn Securities Bought and Sold

E.

PRINCIPAL CITIES IN EUROPE.

St., cor.

Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters of

65 Pine Street,

DRAW SIGHT & TIME BILLS on tho UNION BANE

Lichtenstein,

RANKERS,

Buy and

in

the

.

Authorized by law to act as Executor, AdministraGuardian, Receiver, or Trustee, and as a

COMMISSION MERCHANTS,

And on

7T

.

Transfer Agent and
Registrar of Stocks.

AMD

PARIS,
Bny and

.

HAS SPECIAL FACILITIES FOR ACTING AS

J.

KING, RAILLIE A- CO., Liverpool.
NEW YORK CORRESPONDENTS,

General Manager.

IfEW TORE «rriCB,
Nos. 59 * 61
STREET.

No. 73 Broadway, Cor. Rector

Clcarlng-House.

General London and Foreign Banking Business.

Messrs.

CO.

YORK,

tor.

Lazard Freres,

President.

ANGUS,

for nse against

Execute Orders on the London Stock Exchange.

Make

New York:

In

Wall

world.

NEW

OP
CAPITAL,

Consignments of Merchandise.

Bank of Montreal.

street.

Co.,

45 Pall mall, London, England.
Issue CIRCULAR NOTES free of charge, available

Dealers In American Currency and Sterling Exchange.

Agents In London
Bosan<)uet, Salt & Co.,

&

King

S.

RANKERS,

FOREIGN AGENTS:

Collections

UNION TRUST

20 Exchange Place.

Quebec, Valleyfield.

LONDON.-Tbe Alliance Bank (Limited).
NEW YORK,—The National Bank of Commerce
Messrs. Hllmere, MeOowan & Co., 63 Wall street.
CHICAGO.— Union National Bank.

TRUSTEES:

JOHN A. STEWART, President.
WILLIAM H. MACY,'j),,,„„ „„„„.,, „..
Vice-Presidents.
JOHN J. CISCO,
WILLIAM DAUROW, Secretary.
JAMES CLARK, Ass't Secretary.

CO.

Sc

BRAXCBES:
Hamilton, Ont.; Atlseh, Oxt.; Park Hill, Oxt.;
bedford, p. q.; joliette, p. q.

Company a convenient depository

for money.

NEW YORK CORRESPONDENTS

Cashier

AGENCIES:

Executors, Administrators or Trustees of Estates

and Females unaccustomed to the transaction of
and Benevolent Institutions, will find this

Koln Wechsler Sc Commissions Rank.

OFFICE, MONTREAL.

Allowed on Deposits,

Interests

which may be made at any time and withdrawn af te r
five days' notice, and may be entitled to Interest for
the whole time they may remain with the Company.

business, as well as Religious

SPECIAL PARTNER:

$1,000,000.

-

-

This Company Is a legal depository for moneys pal d
into Court, and is authorized to act as guardian or
receiver of estates.

S.

88

Baile

y,

WALL STREET.
Dealings In

Transfers of
Francisco.

Money by Telegraph

to Paris

and San

Insurance Stocks,
A SPECIALTY.

Circular Notes and Letters of Credit through Messrs.
LAZARO FBEiiES 6 CO, at PARIS, payable In any
Cash paid at once for the above Securities ; or
part of Europe.
I will be sold on commission, at seller's option.

me»

Y

:

TBE CHRONICLE.

Tl

Trask

6c Stone,
BANKERS AND BROKERS,

NEW

STREET,

EXPORT COMMISSION MERCHANT

NEW YORK,

IN

Produce, Provisions and Naval Stores,

STOCKS, BONDS and GOLD Bougnt and Sold on
Commission, and carried on Margins.
Deposits Received ani Interest Allowed.
Accounts of Country Bantu and Bankers re-

P. O.

tW

&

Gilley, Jr.
Co.,
BANKERS AND BROKERS,

OLYPHANT *
1

&

Hatch
BANKERS,

No. 12
BTTY

Foote,
WALL STREET

&

INVESTMENT SECURITIES.
Special attention to business of country banks.

&

supply

all

SHEET IRON,

Locomotive

&

gines,

Mail Steamships,

NEW YORK AND HAVRE.
Calling at Plymouth for the landing of Passengers.
The splendid vessels on this favorite route, for the
Continent— cabins provided with electric bells— will
sail from Pier No. 50 North River, foot of Morton Bt.,
as follows:

•ST. LAURENT. Lachesnez... Wed., July 11, 6 A. M.
•VILLE DE PARIS, Durand ...Wed., July 18,11A.M.
LABRADOR. Sangller
Wed., July 25, 6 A. M.
PRICE OF PASSAGE IN GOLD (Including wine)
utensils.

To Plymouth, London or any railway station In
England— First cabin, $90 to $100, according to accommodation

second cabin, $'>5; third cabin, $35, steerage, $27, Including everything as above.
Return tickets at very reduced rates, available

LOUIS DEBEBIAN,

8.

KENNEDY. HENET

1

Agent, 55 Broadway,

Transportation.

MEANS,

O.

M.

Water

sti set,

THE NEW

Boston.

BAKES. JOHN B.BAENB.-

Kennedy

&

Co.,
J.
BANKERS AND MERCHANTS,
CEDAR, COR. WILLIAM

Providence Line
TO BOSTON,
VIA PROVIDENCE DIRECT.

A Whole

ST.,

New York.

CAMBRIA IRON COMPANY

HOSIERY, SHIRTS and DRAWERS.
&
.

J

NEW

YORK.
BO8T0N,
White Street.
15 Chaunosy
PHILADELPHIA,
W. DAYTON. 23(1 Chestnut Street.

45

Wright,

Bliss

&

JOHNSTOWN, Pa,
STEEL RAILS.
of

Summer

71 and 73

Street,

Thomas

02 Chestnut

St.,

St.,

IRON

STEEL
IRON of

MASSACHUSETTS,
The Palace Steamer of the WofId,")
AND THE WORLD-RENOWNED STEAMER,

and

Wire Rope.
AND

St.

THE NEW MAGNIFICENT STEAMER,

l**

All business relating to the Construction and
Eqnrf.
m«nt of Railroads undertaken.

CHARCOAL

RHODE ISLAND,
The Queen of the Sound,")
will, on and after MAY
leave (dally) from Pier 29,
("

7,

N.

R.,

foot of Warren

St.,

at 5 P. M., arriving at Provi-

dence at 6 A.M., and Boston at 7A.M. No intermediate landings between New York and Providence.

superior quality,

MINING AND
HOISTING PURPOSES, in.

Atlas Mail Line.

suitable for

cllned Planes, Transmission

BI-MONTHLY BERVICK TO JAMAICA, HAYTI,
lof Power, £c.
Also Gal- COLOMBIA and ASP1NWALL, and to PANAMA and
vanized Charcoal and BBfor SOUTH PACIFIC PORTS (via Asplnwall.)

Fabyan,

Ships' Rigging, Suspension
Ilrldgci, Derrick Guys.Ferry
Ropes, Ac. A large stock

DRY GOODS COMMISSION MERCHANTS,
100

for the sale of their

Night's Rest.

Only 42 Miles of Rail.
Time, 60 Minutes.

Buy and sell Railroad Investment Securities. Col
eet Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents of the

E.R.Mudge,Sawyer&Co
Mills, Dhlcopee Mfg Co.,
Burlington Woolen Co.,
Ellertou New Mills,
Atlantic Coiton Mills,
Saratoga Victory Mfg Co.,
AND

;

through England and France. Steamers marked thus
* do not carry steerage passengers.
For passage and freight apply to

Treasurer,
40

.

S.

AGENTS FOR

:

$100; second cabin, $ 5; tiilrd
steerage, $26— including wine, bedding and

;

N. H.

RETAS BLOOD, W.

JOHN

Washington

GL'ION.

and Tools,

Superintendent
Manchester. N H.

Bro.

400 BROADWAY, NEW YORK.

Broadway.

The General Trans-Atlantic Company's

cabin, $35

Works,

MANCHESTER,

A

MILWARD'S HELIX NEEDLES.

Cabin, $65 to $80,

ONLY

MANUFACTURERS OF
Locomotives, Stationary Steam En*

in stock.

No. 109 On n ne Street.

fce.

MANCHESTER

STRIPES."

George A. Clark

Antimony,

COPPEB, BRASS AND TJiKE.

OTTON CANVAb, FELTING DUCK, CAR COVER
1NG, BAGGING. RAVENS DUCK, SAIL TWINES
4C. "ONTARIO" SEAMLESS BAGS,

full

;

Offices, 29

BETWEEN

MANCFACTCRERS OF

klndB of

United States Bunting Company.

Intermediate, $40

To Havre— First' cabin,

COTTONSAILDUCK
Also, Agents

;

Direct Line to France.

CHARCOAL AND COMMON SHEET IRON

In

North River
July 17, at 10 A. M.
JulySl,at9 A.M.

WILLIAMS &

Roofing Plates,

Spelter, Solder,

Widths and Colors always

Steerage, }26

according to state-room.

LEAD, SI1EKT ZINC, COPPER,

DealerB
Manufacturers
ifacturers and De

A

&

53

Aug.H,at9A.M
WISCONSIN
Aug 28, at 8 A. M
RATES FOR PASSENGERS REDUCED.

New York

PIG TIN, RUSSIA

Co.

"AWNING

Leaving Pier No.

WISCONSIN

MONTANA
WYOMING

IMPORTERS AND DEALERS IN

BrinckerhofT, Turner

all

STATES MAIL.

OF ALL SIZES AND KINDS.

Commercial Cards.

And

LIVERPOOL (Yia Queenstown)
^Ufc
CARRYING THE UNITED

CLIFF STREET,

Tin

CO.,

TUESDAY.

Between John and Fulton,

Stocks bought and sold on margins at the New York
Stock Exchange. Careful attentloa nald to out-of
town orders. Correspondence solicited.

RODS.

LIVERPOOL & GREAT WESTERN
STEAM COMPANY (Limited.)

PHELPS,DODGE & Co

72 BROADWAY, NEW YORK.
DEALERS IN STOCKS, BONDS, AND GOLD.

AND

Ocean Steamships.

Co.,

No. 11 Old Slip,
York.
The JODDlng Trade ONLY Supplied

Co.,

BANKERS AND BROKERS,

&

&

SODA.
New

Co.,

York,

FALL RIVER LINB STEAMERS.

York.

or

BANKERS AND BROKERS,
7 Wall St., Cor. New, New York.

John Hickling

New

RBOMTE

MISCELLANEOUS SECURITIES.

A. H. Brown

NAILS, BANDS, HOOPS

MANUFACTURERS OP
S UPER-CA

AND SELL

SOVERNMENT BONDS, GOLD, STOCKS, AND

New

OLD COLONY STEAMBOAT

St.,

John Dwight

st.^

FAIL RIVER IRON WORKS COM'

Co., of China,

04 Wall

West

CUMBERLAND COALS.

Represented bt

Nelson Tappan, Special

71

AGENTS FOR

Canton, China,

E. S. Gilley.
J.

.

LOYBLI,

BORDEN MINING COMPANY,

Co.,

Hong Kong, Shanghai, Foochow A

New York

&

YORK.

COMMISSION MERCHANTS,

64 BROADWAY AND 19 NEW STREET,
P, O. Box 4259.
F. W. Gilley, Jr.,
Member N. Y Stock Ex.

L. N.

Borden & Lovell,
COMMISSION MERCHANTS
TO

NEW

2432.

Olyphant &

ceived on favorable terms.

W.

Box

WM. BORDEN.

BROAD STREET,

29

XXV]

Commercial Cards.

W. ROSENFELS,

S.

Transact a General Banking Business.

F.

[Vol.

Commercial Cards.

Financial.

No. 7

1

constantly on hand from
which any desired lengths

BOSTON,

NEW YORK,

PHILADELPHIA.

are cut.

FLAT STEEL AND

IRON ROPES for Mining
purposes manufactured to

W MASON CO.,
43 Broadway, New York,

JOHN

order.

.

ft

Fiiet-clasB, full-powered, iron

Pier No.

51.

screw steamers, from

North River.

KINGSTON

HAYTI,
ATLAS
Jolv 6
CL&RIBEL
'uly26
For HAYl I, COLOMBIA, ISTHMUS OF PANAMA.
»nd SOUTH PACIFIC PORTS ivla Aspinwol ).
ALPS
July 14
For

ETNA

(Jam.) and

JulyiS

buperlor urst-class passenger accommodation.
WM, /OKWOUD 4 CO., Agents,
No. 56 Wall Street.

Jult

7,

fHE CHRONICLE.

1877.J

Insurance.

Insurinoe.

u

OFFICE OF THK

ATLANTIC
Nlw Tobk, January 24, 1877.
The Trustees, In conformity to the Charter of the
Company, submit the following Statement of it»

off

January, 1878

KROADWAY.

SURPLUS,

No

f 7,101,4s? 78

Policies have been Issued upon Life

Risks, nor upon Fire disconnected
with Marine Risks.
Premium* marked off from 1st January, 1816. to 31st December, 1878.... |B,091,0?B 13
Losses paid during the
same period
$1,665,193 49

I

Betums of Premiums and
I

APPROVE!* CLAIMS
MATURING
wui

Total amount of Assets

1,779,800 00

287,000 00
402,350 19
1,818,504 38

certificates of the Issue of 1873
be redeemed and paid to the holders thereof, or

on and after Tuesday,
the 8th of February next, from which date all Inter
their legal representatives,

The

ett thereon will cease.

certificates to

be pro-

duced at the time of payment, and canceled.
Upon
which were issued for gold premiums,
(he payment of interest and redemption will be in
certificates

gold.

A

Dividend of Forty per Cent.

Is de-

clared on the net earned premiums of the Company
for the year ending 81st December, 1876, for which
certificates will

be issued on and after Tuesday, the

8d of April next.

«* *<

IV.

Snperlntendent.

NEW ENGLAND
MUTUAL, L.IFE
Insurance Company,
POST OFFICE SQUARE,

II".

CU.1PX1N,

BANKERS & COTTON COMMISSION MERCHANTS
Investment Securities bought and sold. Orders eze
cutedat the Cotton Exchanges In New York and Liver
pool. All Business transacted Strictly on Commission, bo that no Interest of our own can possibly
conflict with that of onr patrons.

Net

Assets, January

Deduct surplus

to

1,

$13,871,040 81

be distributed.

577,857 50

.

$13,393,183 31
for the protection of

policy-holders, in accordance with the

law of

this

of a thoroughly adequate rate of premium.
2d. The maintenance of an ample reserved fund.
The market price of the securities of which the
fund is composed is $340,700 80 over the cost
on the Company's ledger. This item is not availed
of in the capital as abuve presented.
For pamphlets and reports giving a history of the
Company's operations during th6 past thirty-three
years, apply at the office of the Company, or of
Agents in any citv or town of importance.

D.,

President.

McKOWN,
Aes't Sec.

W.

C.

Secretary,

ORGANIZED APRIL 12™

Co.,

8. O.

>

Liberal advances made on consignments of Cotton.
Orders executed at the Cotton EzchKuas for the purchase and sale of contracts for future d elivery.

A. L. Richards,
Shipping and Commission merchant
AND

COTTON FACTOR,
39

BROAD STREET, SEW YORK.

Orders executed at the Cotton Exchange, and advances made on consignments of Cotton and other
Produce, and upon shipments to correspondents In
Liverpool.

Robb &

Peet,

BANKERS AND COMMISSION MERCHANTS,

WALL, .STREET

No. 58

The adoption and continuance

M.

&

,

FEATURES OF THE COMPANY.

BENJ. F. Sl'EVENS,
JOSEPH M. GIBBENS,
W. G.

York.

65 Beaver St. & 20 Exchange Place,
GEO. W. WILLIAMS & CO
)
Bankers & Commission Merchants, >
NEW YORK.

Commonwealth.
1st.

New

Williams, Birnie

<fi

1, 1843.)

1817

As a Re-Insurance Pcnd

No. 134 Pearl Street,

NO.

BOSTON.
(Organized December

New

York.

Advances made on Consignments. Special attention
aid to purchases or sales of " Cotton Futures." Bnia
Of Exchange on the

CITY BANK, LONDON, and

gQTTINQPBR &

PARIS.

B.

CO..

R. Smith

&

Co.,

COTTON
COMMISSION MERCHANTS,

WRIGHT,

Medical Examiner.

J.

R. M. Waters & Co.,
56 BROAD ST., NEW YOU K.

CHARLESTON,

34th Tear.

JOHN HOMANS,

the Board,

Merchandised

England, China, India and Singapore.
UNDERWRITERS IN NEW ORLEANS

COMMISSION MERCHANTS,

BALDWIN,

Secretary.

By order of

LIVERPOOL.

-

Leaving

The outstanding

1877

DISCOUNTED
-

the outstanding

be paid to the holders
thereof, or their legal representatives, on and after
luesday, the 6th of February next.

Will

be

IN

middlb department,
dbexel hi ii.i>1\<.,
Corner Wall and Broad Streets.

$15,694,867 81

Six per cent. Interest on

LEECH, HARRISON & FORWOOD,

office

865.012 74

certificates of profits will

York.

Execute orders for Future Contracts in New York
and Liverpool, and make advances on Cotton and
other produce consigned to

Hopkins, Dwight&Co.,
ON PRESENTATION.
JAMES BUELL,
PRESIDENT. COTTON FACTORS & COMMISSION MERCHANTS

Expenses.. $1,088,410 85

wise
Real Estate and Bonds and Mortgages
Interest and sundry Notes and Claims
due the Company, estimated at
Premium Notes and Bills Receivable..
Cash in Bank

BOX 4964V

New

for

HENRY

The Company has the following Assets, Ti&i
United States and State of New York
Stock, City, Bank and other stocks. $11,068,700 00
Loans secured by Stocks and other-

O.

P.

Also, execute orders for

$820,000.

Co.,

EVERY APPROVED FORM OF POLICY ISSUED British A Foreign ihe
marine Insurance
ON MOST FAVORABLE TERMS.
Company of Liverpool.

2,172,260 0T

Total amount of Marine Premiums.,

BOX 61 3,
Orleans, La.

P. O.

Company,

&

Pirn For wood

General, commission merchants;.

Ncw

AND

14,9»,18?«8

marked

LIFE

ALL ENDOWMENT POLICIES

cember, 1878
Policies not

NITED STATE S

IN THE CITY OF NEH? YOUR,
20t, 262, 2G3
ORGANIZED 1850.
ASSETS, $4,827,176 B*.

affaire on the 81st December, 1676:
Premiums received on Marine Risks
from let January, 1878, to 81st De-

1st

Cotton.

E

II

Insurance

Mutual Insurance Co.

Premiums on

T

1*5 PEARL STREET,

Actuary.

44 Broad

1842

Liberal advances

Street,

NEW

YORK,

Boston.

made on consignments. Prompt

srsonal attention paid to the execution of orders for
te purchase or sale of contracts for future delivery.*

TRUSTEES
J. D. Jones,

Lewis Cutis,

David Lane.

James Low,
Gordon W. Bufbham,

H. Moore,
Charles H. Russell,

Daniel 8. Miller,

.

'

:

Charles H. Marshall,

Robert L. Stuart,
Frederick Chauncey,

James G. DeForest,

Sackett,

Edmund W.

Codies,

William Bryce,

William E. Dodge,

Thomas F. Youngs,
John D. Hewlett,
Alexander V. Blake,
Robert B. Hlnturn,
George W. Lane,

Adolph Lemoyne,

Adam T.

'William Stargis,

Charles P. Burdetg

Francis Skiddy,

'

COTTON BROKER,

Charles Drtnis,

2|>

W, R.

JostshO. Low,
Royal Phelps,
O. A. Hand,
William H. Webb,

Geo. Copeland,

:

136

SL.F.S.W1NSTON.PRESIDENT
UE
S

&

Walter

af
°
EVERY APPROVED DESCRIPTION

Krohn

.

LIFE and ENDOWMENT POLICIES

OHTERMS AS FAVORABLEASTHOSE 0FANY 0THERCO.

1ASH5SSETS.MS $80,000,000.
Steel Pens.

COTTON BROKERS,

BEAVER STREET, NEW YORK.
McAlister & Wheless,

53

COTTON

COMMISSION MERCHANTS
NASHVILLE, TENNESSEE.
Special attention given to Spinners' orders.

Corre

Charles D. Leverick,
Horace Gray,

spondence solicited.
, _
_
Kefikiinoss.— Third and Fourtn National Bankr.

John

and Pronrl.tnr. of

Elliott,

William H. Fogg,

D. JONES, President.

CHARLES DENNIS, Vice-President
W. H. H. MOORE, 2d •Yloe-Presijieftt,
A. A. RAVEN. 84 Ylce-PrViMsAk

Tbk CH*ONTOT.it

Lamkin

Peter V. King.
J.

PEARL STREET, NEW YORK.

JOSEPH GILLOTT'S

STEEL PENS.

Sold by all dealers throughout the World,

&

Eggleston,

Cotton Factors,

VH'RMH

Itli,

MISS.

Orders to purchase Cotton In onr market solicited.
Keler to Messrs. NORTON, SLAUGHTER & CO
New Xor*.
,

.

THE CHRONICLE

Vlll

Miscellaneous.

Cotton.

Cotton.

&

Henry Hentz

OBIXS1X.

J. S.

Co.,

GENERAL

ALPHONSE LACVS

DUVAL.

B. G.

Grinnan, Duval

BANKERS

&

Co.,

CO H MISSION JIEHCH.IMS,
AND
174 & 176 Pearl St New York.
GENERAL COMMISSION MERCHANTS,
Advances made on Consignment! to
118 PEARL STREET,
CO.,
Messrs. JAMES FIN LAY
GRINNAN A DUVAL.
York.
New _
1

<fc

AND GLASGOW.

Also execute orders for Merchandise through

Messrs. FIN LAY, Ml'lll Jt CO.,
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON bought aid
sold on commission In New York and Liverpool.

&

K. W.

H.

Farley,

J.
COTTON FACTORS,
COMMISSION MERCHANTS,

Cotton Factors

,

I

and Commission Mbechants, f
GALVESTON, TtXAS. j
Transact a general banking business. Particular attention given to accounts of Banks and Bankers.
Advances made on consignments of Cotton, Wool
Hides and Grain.
Future contracts bought and sold on commission. In
New York and Liverpool.

&

Ware, Murphy

Co.,

FINANCIAL. AGENTS,
132 Pearl Street,

GENERAL COMMISSION MERCHANTS

P.

O Box

New

3,909.

JOHN STREET,
New York,

104-106

UONTUACTS FOii FUTUKE UELIVJSKY" OF
GOLD COIN, STERLING AND OTHER FOREIGN
EXCHANGE, GOVERNMENT AND CORPORATION UONDS, STOCKS AND SECURITIES OF ALL

NEW YORK.

*

KINDS, bought and sold on commission. Accounts of
Mercantile I inns. Banks, Bankers, and Corporations,
received; and Advances made to our customers when
desired, on approved securities. Including commercial
time paper received for collection, to such extent, and
In such manner, as may be In accordance with the
nature of their accounts.

t5oRKESPONDENCE SOLICITED,
Is

to

which prompt

delivery of cotton.

contracts for future

made on

Liberal advances

coo-

Stillraan,

76 Wall Street,

&

Dennis Perkins
117 Pearl

SO Wall

York.

Co.,

York.

&

Co.,

MERCHANDISE DEPARTMENT.

AND

Orders executed at the Cotton Exchanges In New
Liverpool, and advances made on Cotton
and other Produce consigned to them or to their him
abroad.

General Commission Merchants.

LIVERPOOL.

Special attention paid to the execution of orders for

the purchase or sale of contracts for luture deliver;
Liberal

made on consign

advances

Tames

CO.,

&

C. Watts

Co.,

31 Brown's Buildings,

F.Wenman & Co
Y

Co

C. Johnson 6c
,
J.
COTTON BUYERS FOR MANUFACTURERS
MEMPHIS. T<S».

LIVERPOOL,
consignments of

COTTON

and order* <ortce

Knoop, Hanemann 6c Co

purchase or sale of future shipments or dellverte.

COMMISSION MERCHANTS,

Advances made on consignments, and all information
orded by our friends, Messrs. D.

one street.

New

bJN.64 Baronne

WATTS &

York, and Messrs. D. A.

Street,

New

Co., SI

S3 EXCHANGE PLACE,

GIVEN &

HOUSES

NEW YORK.

m

Orleans.

BLOSS & INCHES,

NetSurplus

In

343 402 24
1,002,783 90

'...$6,104,650 82

ASSETS.

Banks

$342,31 1 j?

Kuiuls and Mortgages, being nrst Hen on
real estate (worth W.'SiH.IW)
Baited States stocks (market value)
Bank Stocks (market value)
State and City Bonds (market value)
Loans on Stocks, payable on demand
(market value of Securities, $"00,37»)...
Interest due on 1st of January, 18 ;7
Balance in hands of Agents

Manchester and Liverpool,

DE JERSEY

eV

CO.

2,011,453 00
2,5.7,625 (10
28B,iTO SO
185,433 (XI
519.6S1 35
72,tW 65
153,416 6'>
6,800 10

Real estate

Premiums due and uncollected on Policies
8,330 SB

Issued at this ottice

$6,104,650 82

Total

Established (In Tontine Building) M41.

W.
Solicit

BABCOCK A

COTTON BROKERS,
No. 146 Pearl Street, near Wall, N.

ments.

Condition or the Company on the first
day of" January, 1877.
CASH CAPITAL
$3,000,000 00
Reserve for Re-luturance
1,858,464 68

SUMMARY OF

York and

B. F.

BROADWAY.

135

Fortv-Seyenth Semi- Annual Statement,

Cash

Now York.

Street,

Company

NEW YORK.

OF

TOTAL ASSETS

New

Street,

Babcock Brothers

New

Cotton Factors

of cotton.

eANG8 OF RIGGING MADE TO ORDER.
192 FRONT STREET, NEW YORK.

Reserve for Unpaid Losses and
Dividends

eignments.

COTTON BROKERS,

SEAMEN'S BANK BUILDING,

&

CORDAGE,

FOR EXPORT AND DOMESTIC USE

SHOWING THB

he execnttoa of orders

for the purchase or sale of

always given.

Woodward &
Nos. 74

Special attention paid to

Sons,

MANUFACTURERS OF
MANILA, SISAL, JUTE A TARRED

OFFICE, No.

COTTON.

attention

Henry Lawrence &

Insurance

COTTON EXCHANGE BUILDING,

of r

BttOS..

London, &c.

Congreve & Sanders,

York.

Special personal attention to the purchase and sale

8ANDEKS

HOME

AND

Advances made on Consignments.

Late of

Late of

CHAS.CONGKEVE&SON,
Nkw YoiiK-

Cotton Factors

Aim

John Sandkbs,

C. M. Conorbvk,

,

LIVERPOOL, LONDON

XXV.

[Vol.

CHAS.
J.

H.

J.

MARTIN,

WASHBURN,

President.
Secretary.

ROYAL
Company

Insurance
OF

LIVERPOOL AM) LONDON.
CAPITAL, ... - $10,000,000 Gold

TOTAL ASSETS,

- • $18,009,42*0 05
HEAD OFFICE FOE METROPOLITAN DISTRICT

56 Wall

Street.

JETNA
Insurance Company

COTTON FACTORS
J. L. H.ACAULAY.
A.
MACACLAT.
«r HARTFORD.
in
Macaulay
Co.,
GENERAL COMMISSION MERCHANTS COMMISSION MERCHANTS, CAPITAL, - - $3,000,000 00
22 WILLIAM STREET, NEW YORK.
Future Contracts for Cotton bought and sold on Ataets, Jan. 1, '77 • &7.037,fi07 93
143 Pearl Street, New York.
Commission in New
J.

&

Bliss

&

York and Liverpool.

Bennet,

GENERAL

COTTON FACTORS & COMMISSION MERCHANTS,

COMMISSION MERCHANTS,
121 Pearl Street,

Kobt. L. Maitland & Co..

New York.

Special attention given to the execution of orders

No. 43 Broad Street,

Co.,

COTTON FACTORS & COMMISSION MERCHANT

47 Broad Street,

New

H. Tileston

&

York.

Co.,

COTTON BUYERS & COMMISSION MERCHANTS
60 Stone Street, New York.
Orders In Futures executed at K. Y. Cotton Exchange

....

BRANCH OFFICE,
JAS. A.

173

§3>1,393 33

BROADWAY,

ALEXANDER,

Liverpool

COMMISSION AND COTTON MERCHANTS,

»7 Pearl

Street,

PeHjr»rv.

&

York.

Edward H.Skinker& Co.

for the purchase or sale of Contracts for Future

Sawyer, Wallace

New

Liabilities

H.
315

J.

Baker

New

&

York.

Bro.,

PEARL STREET, NEW YORK

IMPORTERS AND MANUFACTURERS OF
Prime Quality chemical Manure
Chemicals for the Vllle formulas, for all Crops.
Chemicals for the Stockbtidge formulas.
Dissolved Bone— Sulphate Ammonia, Nitrate Potash
Nitrate Soda, Sulphate of Potash, Muriate of Potash
40 per cent actual Potash.
Super-phosphate Lime
AIbo, strictly pure ground Bone.
Our descriptive circulars mailed free. The materia
lor special fertilizers for particular crops.

N. Y.

Agent.

&

Louden dr Glebe
Insiirance Company,

45 William

St

Assets

In the U.

S.,

$3,000,000