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HUNT'S
MERCHANTS’
$
MAGAZINE,
§kwsipjiper,
representing the industrial and commercial interests of the united states
NO. 675.
SATURDAY, JUNE 1, 1878.
VOL. 26.
CO N TEN T 8
THE
The Process of Recovery
The “Glove” Case and its
...1
tions
Sugges¬
534
535
herewith
We
Imports and Exports L>r April,
1878
538
537 |
..
Latest Monetary
....
537
and Commercial
English News
Commercial
The Conference and the Prospect
of Peace.
The Coal Trade..
their stead
.
CHRONICLE.
533
Legal Tenders Rc-issued
and
Miscellaneous
538
540
News
as now provided
are
by law.
hereby repealed.
All acts and parts of acts in conflict
for
modifying, in any particular,
opinions expressed with regard to the effect and
operation of this law. * It would, certainly, be very dis¬
turbing if it were to be executed according to its intent,
see
no
reason
our
for the constant re-issue of the notes
BANKERS’ GAZETTE.
THE
as
redeemed would
necessarily enforce suspension again, and acting in
I Qnotations of Stocks and Bond...s 544 connection with the Silver
Railway Stocks, Gold Market,
| uocal Securities
,
545
bill, would finally result in a
Foreign Exchange. N. Y. City
j iDvestmentts, and State, City and
Banks, Boston Banks, etc.
546 currency with a silver basis and value.
5411 Corporation Finances..,.
But fortunately
THE COMMERCIAL TIMES.
there are practical difficulties which are likely to inter¬
Commercial Epitome
550 | Dry Goods
555 fere with the intended
Cotton
550 Imports, Receipts and Exports ... 556
working of the measure. We
Breadstuffs
557
554 J Prices Current..
showed, for instance, last week that there can be no
re-issue of a legal tender after it is redeemed, unless in
Money Market, U. S. Securities,
....,
JJfoe Chrimicle.
payment of some specified demand against the Govern¬
The Commercial and Financial Chronicle is issued on
Satur¬
day morning, with the latest news up to midnight of Friday.
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!
For One Year, (including
For Six Months.
postage
IN ADVANCE:
, $10 20.
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Subscriptions will be continued until ordered stopped by a written order, or
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unless made by Drafts or Post-Office Money Orders.
at the publication
London Office*
The London office of the Chboniclb is at No. 5 Austin Friars, Old Broad
Street, where subscriptions will be taken at the prices above named.
Advertisement*.
f.
Transient advertisements are published at 25 cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal dis¬
count is made. No promise of continuous publication in the best place can be
all advertisers mast have equal opportunities. Special Notices in
.
Banking and Financial column 60 cents per line, each insertion.
ven, as
villiam b.
dana,
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J
)
Post Office Box 4592.
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A neat file-cover is furnished at 50 cents; postage on the same is 18
Volumes bound for subscribers at $1 50.
For a complete set of the Commercial and Financial Chronicle—
July, 1865. to date—or of Hunt’s Mkrchants’ Magazine, 1839 to 1671, inquire
at
the office.
'
The Business
Department of the Chronicle is represented among
Financial Interests in New York City by Mr. Fred. W. Jones.
LEGAL TENDERS RE-ISSUED,
As
anticipated in our article of last week, the
Senate, on Tuesday, passed by a very decided vote the
bill previously introduced by the Finance Committee for¬
bidding the further cancellation of legal tenders and
directing their re-issue as redeemed. The act iu full is as
we
follows
:
Be it enacted, dc., That from and after the passage of this act it shall
not be lawful for the
Secretary of the Treasury, or other officer under
if the re-issue of the greenback, after being
gold, is not feasible, the provision of the
above act forbidding the further canceling and retiring
of these notes, is quite immaterial. The first effect is
evidently to keep the notes at their present amount until
redemption begins. When the time for that arrives the
fact that there are more legal tenders outstanding than
th$re would have been, had not the law been changed,
will result only in a larger volume being presented for
redemption.
Mr. Sherman, therefore, will be com¬
pelled to provide himself with sufficient gold to meet
this further demand—as he undoubtedly will do—and as
they are redeemed they will virtually be retired. We do
not see, therefore, that either provision of this act, as it
now stands, can affect resumption plans or interfere with
Of course,
redeemed in
their
success.
The weak
point in the situation is, however, as we
stated last week, the Silver bill. But we have great
confidence that when
our
currency
has been established
of mutilated notes and the issue of other notes of like denomination in
cents.
Treasury, under
of the United States legal-tender notes,
any law,
redeemed or he received into the
from any source whatever, and shall belong to
the United States, they shall not be retired, canceled or destroyed, but
they shall he re-issued, and paid out again and kept in circulation;
vV
'j
at rest.
vided that nothing herein shall prohibit the cancellation and destruction
or retire anymore
and when any of said notes maybe
>■'.
otherwise provided
for;—receipts from taxes [covering all Government ex¬
penses and bond subscriptions meeting bond redemptions.
Furthermore, there can be little doubt of the nature of
the decision of the Supreme Court as to the legal tender
quality of the re-issued greenback, if the question be
properly brought before it. We trust that this matter
will receive early attention. It is very important that a
case should be made up and presented as soon as practi¬
cable, and the power of the Government to force its
paper upon the people in time of peace be put forever
ment, since all current demands are
gold basis, and the resulting evils that have been
predicted do not come upon us, our people will see tho
folly of that law and repeal it. Certainly it can then be to
the advantage of no one to pursue a policy that must
eventually end in making our dollar worth only ninety
him, to cancel
'
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pro¬
on a
.
i
\ n '
THE CHRONICLE.
534
THE PROCESS OF RECOVERY.
We noticed two weeks since
some
of the
more
prom¬
ising aspects of the present commercial situation. Our
improved credit, unprecedented and increasing exports,
immense crops, and enlarged cultivation, rising values
of farm lands, and remarkable movement to occupy new
territory, with a very decided increase in railroad earn*ings, were mentioned as the distinguishing features.
Of course to conclude from such facts that complete
reoovery will be immediate, and is inevitable, would be
against reason. We only threw out the suggestions as
evidence that forces
act
at
work which in the end
but whether those forces shall in the
quickly and vigorously, or feebly and slug¬
must effect a
future
were
cure;
gishly, is a point of the inquiry upon which we wish
to-day to add a few words.
And in the first place it seems to us that a slow
recovery is not in the nature of things a necessity.
We
know there are very many weeping philosophers in our
day and generation who can look at the future only
through their tears; to them a revival of business
activity, however slow in coming, would be a surprise.
Another class, however, with more reason, claim that as
the disease has been malignant the recovery must be
slow, and they point to the experience of 1812 and 1857
as
further confirmation of their belief.
There is the
appearance of force in these suggestions. We have
suffered uuder two of the most wasteful agencies any
prolonged and peculiarly
destructive civil war, and second, a speculation made
doubly prodigal through the fictitious values fostered by
currency inflation. These two agencies left us over¬
country ever survived;
first
something like this:—first, the great losses suffered, from
the causes mentioned, compelled universal economy in
living and production; the same influence forced many
idle hands into the farming districts, and led to enlarged
production everywhere; as a result we have had abund¬
ant and increasing harvests, and the quick returns secured
have afforded the means for supplying the waste of pre¬
vious years; a rise in the value of farms in the older sec¬
tions naturally followed, furnishing an additional induce¬
ment to occupy new lands made available by the late
extension of our railroad system and culminating in the
hegira now in progress. Since we last wrote, railroad
reports other than those we then had received have come
in, and the following summary prepared from them pre¬
sents a better indication than we could at that time give
of the growth of this movement:
-1878.
Acres.
January to April, Jour months.
A'chison Topeka & Santa Pe
•
Union Pacific
Bnrl. & Mo. Hirer in Nebraska
...
Grand
Rspids & Indian i.
Missouri Kansas & Texas
Flint & Pere
Marquette
11 inois Central
Kansas
Pacific
St Paul & Sioux
Sioux
City
City & St. Paul
,
Northern Pacific
Denver Pacific
Little Rock & Fort Smith
St. Paul & Pacific
Total
a
debt, national, State, municipal, corporate,
and individual. We admit all this, but we claim simply
whelmed with
Vou XXVL
......
•
•
•
•
•
108,418
196,091
15,754
88,541
4,720
4,841
127,271
33,228
22,787
165,564
18,500
39,438
162,000
867,151
*
1877.
,
-Value.
$416,853
515,447
1,048,700
239,742
87,032
39,250
82.873
2.362
31,724
141,240
6,350
81,175
103,000
173,95)
$8,991,091
r
$79,436
36,141
55,417
67,322
51,500
18,825
18,526
103,280
9,842
8,780
6,703
22,131
2,269
431,448
229,556
,
Value,
Acres.
8,500
52,500
40,000
"
791
4,100
13,069
33,000
57,634
26,601
$584,121
...
Here is
pictured one result of the recuperative pro¬
gress made, and the promise of far greater results in the
future. But enlarged cultivation means not only a
greater production, but also increased labor employed
upon the raising, moving, and handling of these larger
crops; and all this again, as we stated on a previous
occasion, has led to the greater earnings by railroads
for freight and passenger traffic, and these to a renewal
of dividends and interest payments before suspended,
which in turn permit a further consumption of all pro¬
ductions by the holders of such stocks and bonds. We
already been producing, economizing, and
liquidating for four and a half years, and now the
evidences of a decided recovery are becoming apparent.
Then, again, in comparing the present situation with
any previous similar period, as, for instance, 1842 or
1857, too little importance, we think, is given to a
remarkable change which has taken place in the agencies showed two weeks since that our railroads, judging
existing for recovery. Even in 1857 the cost of moving from those reported, had increased their earnings ten
farm products was so great that a bushel of wheat was per cent in four months. When we remember how
consumed in coming from Chicago to New ,York ; now largely the running expenses-have been economized
that
we
have
100 lbs. is the charge. Then we had 2£,000 miles within the past two years we can more easily measure
of railroad ; now we have 80,000 miles. One does not the recuperative force involved in these figures. What
require to be told that the Western farming interest industry will not feel it? To develop the same thought
9a per
kept depressed, under present surroundings, further we have compiled from the New York Stock
the same length of time that it could be when it was Exchange list the actual rise in value since January 1
chiefly confined to its own neighborhood for consumers. of the railroad stocks and bonds on that list. Tak¬
Now the producer is, at a trifling cost, in absolute con¬ ing that result as representing the railroad property of
nection with not only all parts of this country, but wfth the country, it would show that such securities have a
all the markets of the world ; and, furthermore, instead money power now which they did not possess at the
of furnishing those markets, as he then did, with only beginning of the year of 250 millions of dollars. Of
course this is a very rude estimate, and besides we may
one product, and that in a very limited way, he finds
that everything the farm yields has for it an export suppose some of the actual rise is speculative; but the
demand which the modern freights permit him to supply. statement serves to indicate an important truth, for
The increased recuperative force expressed in this simple there is a decided improvement, and it is in the main
change is, we might almost say, immeasurable, and to based upon income, and to that extent, therefore, gives
to each possessor the ability to command new capital for
compare, therefore, the Western condition of to-day
with that of 1857 is to show an entire want of apprecia¬ any enterprise. All these facts demonstrate not only
that recovery from our long depression is actually in
tion of this change.
These considerations, then, explain the facts we recited progress, but is being developed very rapidly, and if
two weeks since:—large crops with ready markets unchecked by outside influences promises in the future
working out their recuperative result at the very point a development not to be measured by any previous
where we should expect such a movement to begin, and experience.
O • * •».
The same conclusion is alsojeached from another and
from that centre the circle of influences gradually widen¬
ing until the remoter effects become, manifest. The very different starting point. For none the less clear
and marked, if we would observe it, is the progress, and
process by which these ends were reached has been
cannot be
.
1
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THE CHRONIC^
jmi,.1878.]
■
changed character of that
have come
progress,
slowly developed within ourselves, for home
requirements were the only consumption we could claim.
power very
Now, however, our exports show, and the facts which
may be gathered at every mill show, that the manufacturer
in almost all departments can produce and is producing so
as to meet a foreign demand, and is thus securing capital
which he never could secure before. Of course, this for¬
eign consumption cannot yet make up for the loss in the
home demand so as to give the needed impulse to these
industries. But we have only to wait until the rapidly
advancing wave from the West and South shall mee^
this movement thus begun in the East, and we may, it
seems to us, look fora prosperity, both in volume and
never
J..
.
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themselves, which are all the worse and more
powerful because not formulated, but only a long-rooted
habit of action. Upon the tacit assumption—which is
generally correct, because the revenue is to look after
its own side for itself—that the importer will consider
his own' interests, giving himself the benefit of all
honest doubts, and that consequently the revenue must
be represented by persons as expert as himself, there is
an array of
appraisers; upon the further assumption*
that the importer will cheat if he gets
opportunity, and
that appraisers are not enough, the “special agent5?
comes in, and it is
quite in the nature of things that he
very often first assumes that there is cheating, and then
goes to work to ferret it out. Unlike the ordinary attor¬
ney, whose clients are changing and who is not con¬
demned if he loses cises, the special agent has only one
client, and he is beset with the thought that if he does
not justify his work by
finding out something, his place
almost wholly through a renewed purchasing
rapidity of development,
—
the rules
in our manufactaring industries. In 1857, revival of those interests must
the
v'»* *r
~
* \
.
before possible.
THE “ GLOVE55 CASE AND ITS
SUGGESTIONS. will become insecure. His habit of mind becomes one
The seemingly chronic trouble between the importers of thinking his client perpetually the victim of con¬
and the General Government, in the latest phase it has scienceless importers, and hence an excess of zeal, under
taken, well illustrates the faulty theories upon which which the idea that they can be honest in any differenqes
the collection of duties is practically conducted. The of valuation can hardly get lodgment with him, is
per¬
facts are, that the Custom-House officials, on the ground fectly natural. It is almost certain that he will
bring
that the goods were invoiced below their foreign market up any testimony he can get, without much considerar
value, detained two cases of kid gloves, as long ago as tion of its real value, because he never can lose the
the 8th of April; this detention was then extended to all impression that the value of his own services is one
cases of kid gloves, and, until within ten days—when the issue on
trial, and of course the one which concerns
him
most.
This
could
not * well * be
simple suggestion was at last adopted that the parties
otherwise,
in interest be allowed to take their goods on giving full even upon a system of
exclusively salary com¬
security for all the differences claimed by the Govern¬ pensation, and although it does not prove him void of
ment—the port has been practically blockaded, so far as conscience, it comes as near
proving that as the occur:
concerns this class of imported goods.
The difficulty rence of these differences in valuation does to proving
originates in ad valorem duties, as it does in nearly every all importers dishonest; what it does prove, however, is
case of alleged undervaluation.
The law prescribes that the Treasury Department, whieh is removed above
that such duty shall be computed upon the actual market all such
considerations, should weigh his methods with
value or wholesale price of the particular article at the most
scrupulous fairness and always receive his testi¬
time and place of exportation in the principal markets
mony with proper allowances.
of the foreign country, with certain charges and
The customs administration more specifically, errs in
commissions added.
In determining this market three
ways : in always assuming that the Government is
value practical difficulties necessarily arise, and those
right and the importer wrong, as to the facts; next, in
difficulties are increased by two facts: that a
harsh
large
dealing, which practically inflicts a penalty in
portion of the finest quality of kid gloves brought to advance of conviction; thirdly, in so generally assuming
this country are made expressly for the purpose and are in its treatment of
importers that they are knavish as a
consigned by the manufacturers to their; own special class, and, if not to blame to day, only suffer penalty
commission agents here, so that for these goods there for yesterday or to-morrow. Even if all men were
is no current quotation at the place where. they are
honest, the importer could not live, as matters are, if he
produced; furthermore, that in respect to finish and did not pay duty on the lowest valuation consistent
quality, there are such differences between the gloves of with law and fact; but the Custom House, which arbi¬
different makes that the value of similar goods at the
trarily makes its own interpretation of the law, is as
exporting place does not furnish a precisely accurate likely to be wrong about the facts as the importer is;
standard by which to judge them.
the Government should strive to hold itself aloof as an
Now it is easy for the most inexpert person to under¬
unprejudiced third party, no more making a presumption
stand that differences must arise; that it is also no than a court makes
one, but recognizing merely that a
easy task to discriminate between apparently similar difference exists and then proceeding to fairly ascertain
goods; that it is not only no hardship, but is a necessity, which is right. Government must decide, and Govern¬
that the Custom House should
dispute valuations; and ment is an interested party; so much has to be allowed;
that, furthermore, fraudulent, undervaluations are pos- but Government should sedulously try to keep in check
sible, because they are largely profitable when success¬ the necessarily one-sided and habitual zeal and partisan¬
.
_
ful.
this^pbody disputes; the difficulty all arises
of deciding these differences, which are
as natural,
; and may be precisely as
honest, as those
which arise hourly between
buyers and sellers about the
quality and value of goods. Why should they not be
settled as peaceably and as
fairly as those other differ¬
ences are?
Waiving entirely for the present—as being
^ niinor.. injustice growing out of the application of
vJJru!es—methods employed for ascertaining
Hc^rrect value of these gloves, we consider simply
;
,
in the
All
manner
,
-
ship of its own servants. Secondly, the infliction of
penalty prematurely is a positive outrage. We do not
refer here to what was done under the “moiety55 and
“seizure55 t^ystem as executed by Special Agent Jayne,
but to detention of imported goods, as when these dis¬
puted gloves were kept from their owners for weeks,
until the season for selling them had nearly passed.
If
undervaluation had been made, the law was ready to do
what has actually been done—raise the valuation and
impose a fine besides; but on top of it all, and befor
586
fTOL XXffc
determining the issue, the importers were mulcted
heavily by being deprived of their goods. If they were
innocent of wrong, it was an undeserved punishment; if
guilty, it was a cumulative one; it left no practical
redress; and it was a flat violation of every idea of
justice, civilized or barbarian, for no plea can be made
that detention was necessary to protect the revenue, the
merchants being well known and of ample responsibility
as well as ready with any surety required.
But worst of all is the third error of treating im¬
porters as if they were prima facie knaves. If this
were well-founded, the Government would be in the
extraordinary misfortune of having to collect the greater
part of its revenue from a dishonest class, but it is ab¬
surdly untrue. The saying attributed to Secretary BoutWell, that there is an irreconcilable conflict of interests
between the Government and the importers, was as
and Russia
hostility between them is no more than
class of tax-payers; the
antagonism which arises is the same as exists between
buyer and seller, except that Government has the power
is, it: appears, due to the infifcetice of Ger¬
many. Prince Bismarck, of course, stands boldly out
in the foreground; and although he had the active
assistance and co-operation of the Grown Prince, the
presumption is that but for his experience and tact the
barriers which lay in the way of a Conference would
still have remained. The obstruction was, as is well
known, the San Stefaho treaty. It was the determina¬
tion of Russia that that treaty, which was already ah
accomplished fact, and which in her judgment concerned
herself and Turkey alone, should not be submitted to a
Congress. It was the determination of England that
that treaty, which was made in open violation of the
international law of Europe and in the face of treaties
still binding upon the nations, should be brought up, in
all its entirety, before the Congress.
While such Were
the sentiments of the two rival Powers, a Conference,
with both represented, was impossible. To get over
this difficulty—to remove this obstruction—was, it must
be admitted, no easy task.
Hie difficulty, however, has
been got over, Russia not being unnecessarily humili¬
ated, and England not being exposed to any unnecessary
to enforce
risk.
Unfortunate
as
it
was
ill-founded; there is
no
such
con¬
The
flict.
between Government and any
well
decide in its
favor, and seldom
takes the trouble to repair the wrongs it inflicts. All
this is unstatesmanlike, for it is a continual assault by
revenue upon the sources which supply revenue.
It is
demoralizing, for it would be strange indeed if men who
are habitually treated offensively and as if their very
business were one whose existence is sufferable only by
making it as uncomfortable as possible should in time
lose somewhat their regard for the public welfare; Gov¬
ernment becomes a debauching force if it publicly prac¬
as
as
own
Russia has consented to submit the entire treaty to
the Congress. She has already modified many of her
demands; but it is understood she does not pledge
by the decisions of the assembled
diplomats, if such decisions should not be in harmony
with her own interests. England, on the other hand,
has consented to regard the treaty of San Stefano as the
measure of Russia’s wishes respecting only those points
on which there is no
dispute; and to that extent, no
tices any injustice, and it is exceedingly dangerous to further, the terms of that treaty will be considered in
give forth an impression that cheating is likely to pay relation to the treaties of 1856 and 1871. Stripped of
best, and to live honestly incurs the risk of bankiuptcy; all diplomatic drapery and disguise, the simple truth
a
Government which treats
men as
dishonest and is
not
herself to .abide
seems
to
be that Russia feels that it is not wise for her
careful to deal justly itself, does much to make men dishon¬ to attempt to carry out the arrangements of the treaty
est. This course is violative of truth, for importers are as of San Stefano without the consent of Europe, and that
honest as any class of men in the country, and it is incon¬ when the representatives of the different Powers shall
meet in Congress it will be their duty to take into
sistent, for
why complain of dull times while harassing
the business of the class who contribute most
largely to
the public.revenue? Lastly, the duty of Government in
these matters is positive as well as negative. While
avoiding a slack administration of revenue laws, it should
give the individual rather than itself the benefit of honest
doubts, because it has the greater power and will suffer
the least if wrong is done. It is very easy for an official,
either here or in Washington, to carelessly order deten¬
tion of goods or some other arbitrary exercise of power;
it inflicts no loss on him and subjects him to no penalty,
but it may ruin the individual. A harsh administration
therefore is contrary to both justice and magnanimity,
inflicting a great wrong upon a person in
order to avoid a slight one to the community,
and striking
a blow at commercial prosperity ;
in the purely economic sense, it is an assault by Govern¬
ment upon its own supporters.
Our tax system, full as
it is of
crudities, errors, and mischievous effects, will
really reformed until its underlying idea is so
changed that the constant rule is this: to take the least
that is necessary, from such industries, at such times and
never
be
in such
that it shall hurt the least
consideration the altered condition of
frame a new international treaty which
Europe, and to
shall be binding
on all the nations of
Europe, and Which shall take the
place of the treaties of 1856 and 187). It is a great
point gained, however, that a Conference is to be held;
and the thanks of the world will be due to, Prince
Bismarck, if,
sure
and
as
the result,
peace
shall be established
ou a
lasting basis.
It is not to be denied that both Russia and Great
Britain have
gained what each is entitled to regard as a
victory. Russia has already practically undone the work
of 1856 and revenged herself for the Crimean war. She
has compelled the nations of Europe to admit that the
treaty of 1856, even with the modifications of 1871, is
neither just to her nor suited to the times, and that it
must give place to another.
This is undoubtedly a
great victory. It is a victory over both England and
France, and, in a sense also, over Italy. On the other
hand, it must be admitted that Great Britain, in com¬
pelling Russia to submit the whole treaty of San Stefano
to a Congress of the Powers, has placed herself before
the world in a proud and enviable light. Single-handed
possible.
At present, our tax methods resemble those of a fruit she has stepped forward and asserted the sacrednefi# of
gath erer who cuts the trunk and breaks the limbs in treaties. At the critical moment, and when the prize
order to get the fruit from the tree.
was about to be clutched, she presented Russia from
a manner
seizing the fruits of victory. It Was a daring act; and
THE CONFERENCE AND THE PROSPECT OF there were many who feared that the British lion would
PEACE.
be punished for his temerity. It has been far otherwise.
The improvement in the relations between
England England has compelled Russia, to abandon her
jp9i',Si isai
pretensions; and she has proclaimed to the world the
truth that treaty arrangements between nation and
nation are not to be violated with impunity. The British
people have reason to feel proud of the policy pursued
by the Government. A less warlike policy—the policy
advocated by the opposition leaders—would most cer¬
tainly have failed. Russia would have carried out her
purpose ; and the prestige of Great Britain would have
seriously suffered. As1t is, she has reasserted her right
to a proud place in the front rank of the nations.
F or
the result which has
due to her
been achieved, not a little credit is
spirited Premier. Lord Beaconsfield has done
well by his country; and for the courage, ingenuity and
fertility of resource which he has displayed throughout
this whole affair, history will accord him a place among
greatest ministers of the British Crown.
It would be unsafe as yet to predict what will be the
result of the deliberations of the august body of men who
are so soon to assemble in Berlin.
It may, we think, be
taken for granted that Russia will very largely abate
the
her
pretensions.
It is certain that her plans for the
extension of Bulgaria to the iEgean Sea will have to be
abandoned.
She will probably be willing to content
herself with
a
smaller
portion of Armenia than that for
which she has stipulated. Nor will it be wonderful if
she consents to a considerable reduction of the war
indemnity which she demands from Turkey. But she
will insist on greater freedom and larger privileges on
the Black Sea and in the Dardanelles; and it will be
difficult for England to carry the Congress with her
if she should oppose Russia in this matter.
Greater
privileges obtained in the Black Sea and in the Dar¬
danelles may induce Russia to consent to the per¬
manent occupation of Bosnia by Austria, and to the
permanent occupation of Egypt by England. An Eng-,
lish protectorate of Asiatic Turkey is already spoken of
as one of the probabilities of the future ; and such a
protectorate would be attended with the less difficulty,
if England had Egypt for a permanent base of opera¬
The British Government has also pledged
tions.
Interests.
“
'
It will be well if the transformation shall be
accom¬
panied with such changes in the conditions of the peo¬
ples as shall conduce to prosperity, contentment and
peace.
Week.
1878.
fit ’
laware * Hudson
Total ....i.
Dll
m
m
88,166
380,633
779,083
447,527
19,673
319,215
281,353
431,418
5,007,326
Pennsylvania Railroad..
Pennsylvania Coal Company.
Dee.,
Dec.!
Dec.,
133,087
6,961,573 Dec., 1,894,347
“
The tonnage for the
from the weekly returns
week on this statement is approximated
of the transportation companies, and if
subject to adjustment each month to-con form to the returns made
by each interest to the Board of Control.
For the week ending May 18, the total anthracite production,
as reported by the several carrying companies, amounted to 393,132 tons, against 504,195 tons in the corresponding week last year1,
a decrease of 111.063 tons.
The total amount of Anthracite mine#
for the year is 4,715,768 tons, against 6,531,796 tons for the same
period last year, a decrease of 1,816,028 tons. The quantity oI
bituminous coal sent to market for the week amounted to 63,884
tons, against 69,676 tons in the corresponding week last year, m
decrease of 5,792 tons.”
“
IMPORTS AND EXPORTS FOR
APRIL, 1878.
Statement, by Customs Districts, showing the values of mer¬
imported into, and exported from, the United States
during the month of April, 1878:
chandise
Customs
Districts.
,—Expo rt8.—s
Imports Dom’tic
For’n
$
$
Alaska, A.T.
Al’mrle, NC.
•
•
i
....
•
• •
•
•
•
•
....
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Exports.
Imports. Domestic
Customs
Districts,
Mobile, Ala...
Montana, &c..
Nan tucket,Ms
Natchez, Miss
•
•
’
Al’xdria,Va.
An’polis, Md
$
2,392
.
.
•
$
962,996
•
Newark, NJ..
1,800
22,647
N Bedford, Ms
1,400
58,872
Baltimore.. 1,275,933 3,933,358 3,677 Nburyport, Me
Nw Haven, Ct
2,940
124,993
5,720
Bangor, Me.
N London, Ct
19,329
19,303
B’stable, M’s
296
N Orleans, La
Bath. Me.
1,000
700,000 9,450,481
670
Newport, R.I.
Beaufort,NC
New
108,461
York,NY 24,964,751 27,278^746 923,090
Beaufort, SC
100
107.458
476
1,540 14,376
Belfast, Me.
Niagara, N.Y.
524
811,084
Boston, Ms.. 3,129,799 4,189,624 29,902 Norfolk, Va..
Not reported
Brazos, Tex
1,051
Oregon, Or...
38,088
Bridget’nNJ
77,839
O’gatchie, NY
Br’l&W’nRI
99,652
5,944
Oswego, NY..
Brunsw’k Qa
Pamlico, NC..
157,35i
1,765
1,705
712 P del Norte, T
Buff Crk,NY 212,998
5,915
16,394
Ap’chcola, F
,
,
,
,
.
....
A roost’k, Me
•
*
•
•
....
•
•
•
•
•
•
•
•
•
•
•
•
•
■
.
•
•
•
.
•
....
•
....
Burl’ton, NJ
Castine, Me.
Chmpl’n,NY
Charlstn, SC
Ch’stone, Va
Chicago, Hi.
Corpus Chris
Cuyahoga, O
Delaware, D
Detroit, M’h
Duluth, Min
Dunkirk NY
EastDist,Md
Edgart’n, Ms
Erie, Pa....
Fairfield, Ct
F. Riv. Mass
Fernaudina.
F. Bay, Me.
Galvest’n, T
Qenesee,NY
Gcorge’n.DC
Huron, Mich
Kennebk,Me
Key West, F
L B Bar, NJ
Machias, Me
Mar’head, M
Miami, Ohio
Mic’gan, Mh
M’town, Ct.
Milwauk, W
Min’sota, M.
The
.
.
„
n
„
....
....
•
•
•
•
•
•
•
•
•
••#
....
....
C Vinc’t, Nr
.
...
....
itself to attend to the interests of the Greeks ; and it is George*n,S C
Gloa’ ter, Ms
not unreasonable to conclude that a portion of that ter¬ GtEHar, NJ
ritory which Russia would have permanently added to
Bulgaria, will be annexed to the Greek Kingdom. One
certain result of the Congress will be to transform
the maps of Europe and Asia, probably Africa as well.
-
....
P’quoddy, Me
....
8*,060
sojio
18,091
16G‘049
*467
P.
River, Miss
11,516
445
1.954
Pensacola, F..
205,245
65.398 194,745 2,740 P. Amboy, NJ.
13,251
1,633 1,044,724
Petersburg,Va
Philadelphia.. 1,540,459 4,218,983
5,019 247,858 5,531 Plymouth, Ms
Portland, Me..
427,900
143,510
102
42,984
Po’moutn, NH
3,008
3
Providence.RI
9,946
28,002
113,718 123,250 1,274 Pt. Sound, WT
.925
89,138
4,182
2,442
Richmond, Va
97,147
94
Saco, Me
S. Harbor, NY
241
Salem, Mass..
1,500
753
Saluria, Tex..
4,817
38,164
364
San Diego, Cal
19,064
8,453
764
Sandusky, O.
3,053
S.Franclsco.C 2,230,433 1,617,023 91,579
32,499
2,274
655 1,624,399
240
Savannah, Ga
700 S. Oregon, Or
15,773 439,238
11
198 9t.Aug’tine,F
15,563
31,890
6
St,John's, F..
6,758
18
St.Mark’s, F..
18,899
St.Mary’s, Ga
3,633
5,085
Stonington Ct
3,991
2,796
90,188 679,021 4,477 Superior,Mich
Tap’nock, Va
*500
40,391
Teche, La.
72,003
Vermont, Vt.
114,144
238,219
Vicksb’g Miss
Wal1 boro, Me
18,846
83
7,114
Willamette.O.
189,848
38,710
27
Wilm’ton. NC
223,443
3,712
1,620
Wiscasset, Me
31,300
York, Me....
495 Yorktown, Va
9,776 132,348
,
,
.
....
....
.
.
.
.
.
#
.
•
•
••
.
.
.
..
.
*
•
•
•
.
.
•
.
.
.....
...
m
mmm
_
....
....
•
•
•
....
.....
•
•
•
•
....
....
•
••
•
•
....
....
•
•
•
....
•
.
.
.
.
....
....
-
•
•
•
•
•
.
•
•
...
.
.
•
•
•
....
•mm
.
.
•
•
....
....
•
.
.
.
•
....
•
•
•
»
.
•
•
....
•
•
....
......
•
....
•
*
,
•
•*•
•
•••
•
..
•
....
-
.
.
.
....
.
«
•
.
.
,
.
.
...
•
•
•.
....
••
•
....
•
...
following
are
the totals for the month of April:
Imports...#35,448,011 I Domestic exports. 159,211,562 | Foreign exp’ts.$l,0S9,604
Specie value of domestic exports, $58,369,478.
Comparative statement of the imports and exports of the
for the month ended April 30, 1878, and for
the ten months ended the same, compared with like data for
the corresponding periods of the year immediately preceding:
United States
THE COAL TRADE.
The money
week reported
specie
article of the Philadelphia Ledger one day last
tlie following summary: “ The leading coal-car¬
rying companies make the iollowing reports of their tonnage for
the week ending on May 18, and for the year to the same date,
Merchandise.
compared with their respective amounts carried to the same Exports—Domestic
Foreign..
time last year:
Week.
^
Reading Railroad
Schuylfcill Navigation
Dehigh Valley
1818.
Centr'd of New Jersey
United R.R. of New Jersey
21,245
264,330
190,566
348,192 Dec., 83,861
368,971 Dec., 178,404
27,787
739,652
795,818
Dec.,
4,546
31,455
21,534
83,640
104,869
Dec.,
10,166
Pennsylvania Coal...
Delaware & Hudson
Huntingdon & Broad Top
Pennsylvania & New York
Clearfield, Penn
* Difference.
2,189,088 2,648.475 Dec., 459,388
121,663
178,052 Dec., 56,883
26,688
74,828 1,458,132 1,825,100 1 Dec., 366,967
38,030
621,413
881,887 Dec., 259,974
18,478
133,799
179,729 Dec, 45,929
47,127
651,405 1,041,374 Dec., 889,968
200,537
Delaware Lackawanna & Western..
Shamukin.
1S77.
-
40S.881
452,986
56,166
2t,229
516,067# Dec., 107,186
50S,460 Dec., 65,474
“The Anthracite Board of* Control, through its accountant,
reports shipments of anthracite cdal during the week ending May
18,1878, and total for year to date, compared with the corres¬
ponding time last year;
_
.[Interests.
P^dioxRaikoad
Lehigh Valley Railroad
Central of New Jersey
:>"•
*.
values.—Corrected to May 28, 1878.
-1878.
Month
lOMos.
ended
of
..
1878.
191,816
1,345,416
1,983,086 Dec.,
Dec.,
413,232
625,164
1,032,796 Dec.,
407,631
81,765
42,670
1,073,219
1877.
1,486,452
Difference.
..
Excess of exports over imports
Excess of imports over exports
Total Merchandise and Specie.
Exports—Domestic
Foreign.
637,670
Imports
10,963,465
$1,738,176 $156,514,168
exports
Total
Week.
1,041,461
$59,959,062 $593,187,292 $44,414,529 $514,697,78$
imports $24,511,071 $227,625,441
Total
Imports
11,660,471
Apr. 30.
42,676.353 858,183AM
bullion).
Exports—Domestic
Foreign
1,089,604
ended
April.
35,448,011 365,561,851
Imports
Excess of exports over
Excess of imports over
Gold & Silver (coin A
Apr. 30.
lOMos.
of
$58,869,478 $581,528,821 $43,373,068 $503,734,324
.
Total
April.
1877.—
Month
*
Excess of exports over imports
Excess of imports over exports
........
*-•••,*-f
$2,927,597 $21,802,113
1,084,225
5,275,801
$1,825,567 $26,156,567
2,081,795
9,237,14$
$4,011,822 $27,077,914
$3,907,362 $35,393,718
33,882,701
1,583,411
5,931,157
25,794,400
$
1,969,835
$1,283,514
$2,373,951
........
$........
2,938,988
$61,797,075 $603,828,934 $45,198,635 $529,890,891
8,123,256 20,200,618
2,173.829 16,936,272
$63,970,904 $620,265,206 $43,321,891 $550,091,501
41,429,168 891,356,251 44,259,764 396,516,828
$22,541,736 $228,908,955
$4,062,127 $153,575,179
»•* «
«•
The chronicle.
538
ptouctangf ©nmrocrciaX English W^exos
[Vol. XXVL
The rates of interest allowed
discount houses for
R1TE9 0V BXCUiNOB AT LONOOIf AND ON LONDON
EXCHANGE ON LONDON.
LATEST
time.
on—
Paris
Paris
Berlin
25.15
short.
3 months. 25.30
la
20.58
(»
.0.58
Hamburg
Br&nkfort
44
20.58
Cf
25.35
....
Antwerp
Amsterdam..
Amsterdam
short.
.
3 months.
...
Vienna
44>
Genoa.
44
Naples
44
44
44
90
May 17.
short
25.16
May *1T.
May 17.
May 17.
May 17.
short.
3 mos.
20.42
12.4*@12.5*
....
Bnenos Ayres.
Lima
•
•
•
•
•
•
•
•
•
•
•
•
•
•
60
Bombay
Hong Kong...
Shanghai
•
•
....
Alexandria....
•
•
•
•
•
.
.
.
25.17*
12.12
short.
‘<7.65
28.12K@28.17*
93*@23*
47 7-16@47 9-16
47*@48
May 15.
May 15.
3 mos.
23 1-16
48.30
mos.
<4
.. .
....
121.S0
•
•
••••
17.
24.
29.
15.
60
90
.
1s.
Is.
8\d.
8%d.
•••*
••
1*
•
•
IFrom
our own
May
May
May
May
May
16.
16.
14.
14.
15.
44
44
6 mos.
64
44
44
3
**
mos.
is.
'
1876.
nf
-
Tinf Afl
£
and
coin
Coin and bullion in
both departments ...
1877.
1878.
£
£
28.812,510
6,557,403
21,2C3.571
15,364,904
19,365,162
23,019,777
6,726,485
21,417,030
15,556,488
19,914,371
-—'
•
10,468,605
9,159,093
13,662.419
11,514,653
10.027,582
21,242,113 26,563,343 24,993,663
23.358,427
r
49* @49*
27d. per
1875.
£
'
27,400.364 28,218,477
Public deposits
6,785,152
5,442,644
7,174,78 1
Other deposits
18,183,693 17.029,569 20,271,2 9
Government securities. 13,905,4*1 13.588,116 14,545/165
Other securities....... 18,723,673 17,715,219 17,223,912
Ppflhfvn
4.85
23
23
days.
days.
•1
Aor. 12.
2*
statement
Circulation—including
£
bank post bills
26,553,271
5t*@51*
May
Apr.
Apr.
Apr.
g
i
showing the present position of the
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 the four
previous years:
a
1S74.
3
@12.40
Per ct.
2
•*
.
May 17.
» •
•
44
May 17.
days.
44
Calcutta
•
28.12K@28.17*
—
•
20.42
44
and
Bank of
20.<2
44
Joint-stoca banks
*
Discount houses at call
Discount houses with 7 days’ notice
Discount houses with 14 days’ notice.
Annexed is
BATE.
@25.25
May 17.
days.
•
TOO.
@25.35
@20.62
@20.62
@20.62
@25.40
12.2*@12.3*
12.35
44
Bt. Petersburg.
Madrid
Cadiz
Lisbon...
New York
Rio de Janeiio.
Pernambuco...
DATS,
RATS.
by the joint-stock banks
subjoined:
are
•.
AT LATB8T DATES.
EXCHANGE AT LONDON—
MAY 17.
deposits
sol.
8%d.
Is. 8Xd.
8s. ll*tf.
5s. 6*<f*
97*
correspondent.]
London, Saturday, May 18, 1878.
Count Schouvaloff is expected to return to London next week,
and on his way will have an interview with Prince Bismarck.
Proportion cf
21,615,935
reserve
to liabilities
Bank-rate
Consols
94*
96 2-3
93*'
2d.
7*d.
45s. Id.
6*d.
65s. 7d.
5*d.
1*. 0*d.
ll*d.
9*d.
4 p. c.
8*
93*
English wheat,av.price
Mia.
p. c.
49*22
2 p. c.
.
62s. Id.
Upland cotton...
twist,fair
42s.
8Kd.
No. 40’s mule
2d quality
Is. l*d.
40*
37*38
3 p. c.
3
p. c.
96*
52s. 4d,
6d.
9*d.
88,928,000
Clearing House return. 111,731,000 119,503,COO 105,272,v.00 108,773,000
'
There has been
German demand for
gold during the week,
importations of bars and of foreign coin have been
During the week just closing, political affairs have been exceed- absorbed by the export inquiry on French account. There is,
ingly quiet, but the public have been anxious to know the result just now a heavy demand for the means of remittance to French
of the recent negotiations. It is very evident that the present cities, and there is every probability of the demand
increasing as
state of affairs cannot last much longer, and it is the very general the season advances.
The silver market has been dull and the
impression that a Congress or war must be decidtd upon in the price of fine bars is only 53|d. per ounce. Although the
course of the next few days.
Judging from the state of the weekly sale of India Council bills has been reduced to £400,000,
European Bourses, there is still a strong belief in peace, and no improvement has been apparent either in the rate for silver or
yesterday an additional stimulus was given to that view of the bills. On Wednesday, only Is. 8f d. was obtained, being the same
situation by some large purchases of foreign stocks being rate as in the previous week. The prices of bullion are now as
contiacted here and abroad by the most influential capitalists of follows:
GOLD.
8. d.
8. d.
Enrope. The bad state of our trade, and the want of indications Bar
Gold, fine
per oz. standard. 77 9 &
of any speedy improvement as long as we are threatened with Bar Gold, reflnable
per oz. standard. 77 11 @
...per oz., nominal. 74 6 @74 9
war, naturally produce much restlessness and anxiety, and, Spanish. Doubloons
South American Doabloons
per oz. 73 9 &
peroz. 76 4 @
consequently, it is hoped that the present condition of political United States Gold Coin..
German
but
our
no
-
....
....
....
....
tension will
Events of
soon
gold coin
be terminated.
alarming character have been transpiring in the
cotton districts of Lancashire this week.
Unfortunately, in all
large towns there is always a certain proportion of roughs and
it is to be hoped for the sake of the fair name which the cotton
operatives have long enjoyed that the acts of violence and
an
incendiarism
can
be
traced
them.
to
To
break
windows in
factories and to burn the mansions of the
employers can, in no
but can only injure it by making
the conflict, more vindictive, and by forfeiting the good opinion of
the general public, whose aid they sorely need in order to obtain
assistance at a time when so much distress prevails. It is
believed, however, that the dispute is on the eve of a temporary
settlement, negotiations being in progress for the operatives to
return to work at ten per cent reduction, working full time, the
matter to be re considered three months hence, when it is
hoped
that trade will be better, and that an increase of
wages will be
degree, advance their
cause,
peroz.
SILVER.
Bar Silver, fine
Bar Silver, con’ng 5 grs.
Mexican Dol ars
Five Franc Pieces
per oz.
per oz.
Gold
/
Quicksilver, £7 0s. Od.
76
....
d*
*'
standard, nearest.
standard, nearest.
per cz.
Discount, 3
8*@
nearest.
per oz
per cent.
d.
53*
@
53*
@
53
~.@
&
....
....
....
....
In the
early part of the week, the Russian exchange experienced
relapse of about 3 per cent, which has since been recovered.
The Continental exchanges were almost generally less favorable
to this country at the close of the week. Annexed are the current rates of discount at the principal
foreign markets :
a
*■
Bank
Open
Bank
rate,
mark’t.
p. c.
rate.
p. c.
2
Pans
Amsterdam
Berlin
3*
4
4
4
4
5
3
Hamburg
Frankfort
Leipzig
Genoa
1*
3*
8@3^
2*@3
2* £3
3*
4K
Open
mark’t
p. c.
p. c.
Vienna and Trieste...
4*
3*@4
6
6
6
6@7
Madrid,Cadiz and Barcelona
Lisbon and Oporto....
St Petersburg
New York....
Calcutta
•
5
5
•
5@6
•
4
•
•• •
3
Geneva.
4*@5
4*@5
Copenhagen
justified.
Brussels
Owing to the scarcity of mercantile paper, and to the very
The stock markets during the week have been decidedly firm.
limited requirements of the community for financial purposes,
There has been some influential buying, especially of Russian
the money market has assumed an easier appearance, and the
and Italian stocks, the value of which has decidedly improved.
rates of dieconnt have had a downward tendency.
The position The market for United States Government securities has also
of the Bank of England has improved. The total reserve has
been augmented by £674,718, and its proportion to the liabili¬ presented a firm appearance, and the quotations have had an
upward tendency. Atlantic & Great Western securities have
ties of the establishment is now 37*38 per cent
against 35*13 per attracted attention, and show a decided
improvement in value;
cent last vteek.
At this period last year, the proportion was
and most of the other changes have been of a favorable char¬
40*25 per cent, and it 1876,49*22 per cent. Thfrre is a
falling off, acter. There is,
perhaps, rather" less buoyancy at the close of
however, of £567,327 in the total of "other securities,” indicating
the week, but this is due to the fact that speculators are taking
how limited is the demand for money; but the increase in the
their profits.
supply of bullion is smaller than had been expected, some
Annexed are the closing prices of Consols and the principal
rather considerable amounts of coin
having been sent to Scotland American securities,
compared with those of last week:
during the week. This coin will soon return, but there are still
Redm.
May ll._
May 18.
no indications that the
position of the Bank will be strengthened Consols
95*@ 96
4
96*@96*
from foreign sources, as all supplies
188! .109 @110
108*@109*
of bar gold are absorbed as UnitedStates
105 @106
Do
5-20
1885 105 @106
soon as, and even before,
they arrive. Sovereigns, however, are 0. 8.1867, 6a
108*@108*
1887\108*@109
106 @106*
Do fhnded, 5s
*.....,...1891 106*@107
being returned from Egypt, and these will be sent, as usual, into
Do 10-40, 5s
1904 107*@1C8* 107 @108
the Bank. The following are the present
Do funded, 4*s, issued at 103*....
104*@105*
104*@t05
quotations for money:
42
•••*
.......
••••*
.
,
Bank rate...
Open-market rates:
80 and COdiye’ bills
Fer cent.
3
4 months’bank bills
-
'
.3 months’ bills
Open-market rates:
..
«*@*X
..
2xmx
Fer cent.
2*@2K
6 months’ bank bills
2H@2*
4 and 6 months’ trade bills. 3 @3*
L> ul iana Levee, 8s
1875
6s
Do
Mas § cbusetts 5s
1838
Do
^5s......... 1894
Do
5s
V;
;................1900
Do
fks#
1889
r
•
m
••>...
42 <@ 57
@ 52
106 @108
42
106 @103
103
@110
108
@110
@52
42
106
106
@52 !
@108
@108
'j-r:~SZ£t-,v v£r*' 'ftV-!;
'■■■
Jo*K
Mat 18.
ftedm.
HftflAnrhoeetts &§*••«••••••••#•«••••*
108
•
5s»•♦>••••••♦•»*18S5 10S
Do
*••••' 30
••
30
1905 61
Virginia stock 5a
6s
New funded. 6s.
Do
Do
...
AMERICAN DOLLAR BONDS AND
3*110
@110
© 35
@ 35
©*3
Trustees' certificates....
© 82
do
do
\
@
©
©
©
©
....
...
(Main Line) 1st mort 6s. 1911
(tmar. by Pennsylvania & No. CentRailway) .1911
Burl. Cedar Rapids A No. RR. of Iowa, 1st mort..
Central of New Jersey shares
85 © 87
66 © 68
20#© 21 *
99 - ©101
35 © 45
35 © 45
1875
1875
Do reconstruction trustees1 assessm’t, $5 paid..
Do
do
do
$4 paid...
Do preference, 7s
Do reconstruction trustees’ assessm’t, $3 paid...
Do
do
$2 paid...
.1904
Do convertible gold bonds, 7s
Do reconstruction trustees1 certificates, 7s
Galveston & Harrisburg, 1st mortgage, 6s..... 1911
!
Illinois Central, $100 shares
Do
Bonds, 1st mort. Chic. A Springf..
Lehigh Valiev, consolidated mortgage, 6s
1923
,1891
Marietta A Cincinnati Railway, 7s
Missouri Kansas A Texas, let mort., guar, gold
bonds, English, 7s
1904
New York Central A Hudson River mortg. bonds.7
New York Central $100 shares
1890
Oregon A California, 1st mort., 7s
Pennsylvania, $50 shares
Do.
Do.
1880
1905
1st mort., 6s
consol. sinK’g fund mort. 6s
a very general opinion prevails that the
abundant as was at one period anticipated.
© 35
© 64
96
© 98
©26
© 12
4*@ 5#
24 © 26
10 © 12
4#© 5#
22 ©27
22 © 27
82 © 84
become
wheat, when once well rooted, requires but little
moisture, especially when it begins to develop© into ear.
So far
this season the weather has been propitious, and were we
dependent upon wheat for a supply of food, we could do verywell without rain until after harvest.
It is said, and the saying
is a true one, that seldom does one. season yield abundant crops
84
68
19
of cereals and cattle
81
©
©
©
©
56
70
20
83
10S#©109#
92 © 94
89 ©21
91 © 93 •
97 © 99
35 © 45
35
© 45
12*© 13
16 © 18
16 © 17
30 © 3 2
33 © 35
82 ©34
16 © 18
16 @17-
31 ©33
34 ©36
33 © 85
♦...©
....©—
58 © 59
60*@ 61*4
62 © 84
81 ©84
77*4© 78*4 78 © 79
102 ©104
102 ©104
...
93
©100
,.«.$ ....
96 © 98
....©
...
43 © 45
121 *@122#
107 ©109
83 © 88
29 ©81
28 © 29
103 ©105
»5 ©96
Philadelphia A Reading $50 shares
13#© 14#
Pittsburg Fort Wayne A Chicago equipment
bonds (guar. 4>y Pennsylvania R. R. Co.), 8s — 104 ©106
Union Pacific Land Grant 1st mort, 7s
1889 105 ©107
Union Pacific Railway, 1st mortgage, 6’s
1898 108 ©110
44
© 46
121#@122#
107 ©109
33 © 38
27 © 29
28 © 29
103 ©105
95 © 96
13#© H#
103
105
©105
@107
1(8 @110
AMKRIOAX STERLING BONDS.
Allegheny Valiev, guar, by Penn. R’y Co
1910
Atlantic A Gt. Western consol, mort., Bischofif.
certs, (a), 7s
1892
Atlantic A Gt. W. Re-organization 7s
1874
Atlantic A Gt.W., leased lines rental trust, 7s. 1902
do.
do.
1873,7s. 1903
do.
Western exten., 8s...
1876
do.
do. 7s, guar, by Erie R’y.
Baltimore A Ohio, 6s
1895
Do
6s
1902
Do.
6s
1910
Do
Do.
Do.
Do.
1927
1909
Chicago A Alton sterling consol. mort, 6s. —1903
Chicago A Paducah 1st mort. gold bonds, 7s...1902
Cleveland, Columbus, Cin. A Ind. con. mort...1913
Eastern Railway of Massachusetts, 6s
1906
Erie convertible bonds, 6s
1875
v
6s, 1877
Cairo A Vincennes, 7s
......
Do. 1st cons, mort., 7s
..
1920
Do. ex recons, trustees’ certficates of 6 coup..,...
Do. with reconstruction trustees’ certificates of 6
coupons
Do. 2d consol, mort, 7s
1894
Do. reconstruction trustees’ certificates, 7s,
Illinois A St Louis Bridge 1st mort., 7s
1900
Do.
do.
2d mort, 7s
Illinois Central, sinking fund, 5s
1903
Do.
6s
1895
5s
1905
Do.
Illinois Missouri A Texas 1st mortgage
1891
28
15
26
26
1(5
105
103
(@
©
©
@
©
....
40
19
30
30
@107
@107
@105
88# @ 89#
26 © 30
106 @108
....© ....
@ 90
@76
....
88
72
108
101
@106
© 87
....
101
92 © 94
@110
@103
@
....
@103
....@
60 @ 61
...
62
82
38
93
07
99
..
02
92
[05
[05
Louisville & Nashville, 6s
1902
Memphis A Ohio 1st mort. 7s
1901
Milwaukee A St Paul, 1st mort 7s
1902
New York A Canada R’way, guar, by the Dela¬
ware A Hudson Canal, 6s
1904
N. Y. Central A Hudson River mort hds., 6s.. 1903
Northern Central Railway consol, mort, 6s....19G4
Panama general mortgage, 7s.
1897
Paris A Decatur
1892
@ 63
@87
© 42
@100
@109
@101
©....
@104
@ 94
60
33
97
107
96
-
...
102
91
104
105
@107
@107
8S
@90
@115
85 @ S7
107 @109
20 © 80
14
© 93
@106
@107
© 30
99 @101
85 © 87
Pittsburgh © Connellsville Con. Mort. Scrip,
....
@104
20
99 @101
ICO
85
58
76
@109
@ 98
© 90
@115
© 85
@109
@108
95#@ 96#
Phil. ©Erie gen. mort(guar. by Penn. RR.)6s. 1920
Phil. © Reading general consol, mort 6s
1911
Do.
imp. mort, 68
....1897
Do.
: gen. mort, 1874, 6’s
Do,
Scrip for the 6 deferred # c up ......
@ 85
@ 42
@ 99
88
ll4
83
107
107
Pennsylvania general mort. 6s
1910
Do.
consol, sink’g fund mort. 6s
1905
Perkiomen con. mort. (June ’78) guar, by Phil.
©Reading, 6s
1918
Phil. A Erie 1st mort (guar, by Penn.RR.) 6s.. 1881
Do.
with option to be paid in Phil., 6s ...
guar.
....
'... •
....©
© 91
© 76
@112
89
89
72
72
L10
110
[04
104
85
85
Lehigh Valley consol, mort, 6s. “A”
@102
@ S*
© 60
© 7aT
106#© 107#
95#@ 96#
99
©101
99
85
100
85
@101
@ 87
@102
@87
59 © 61
77
© 79
95 © 97
91 © 93
by Baltimore © Ohio RR. Co.. 6s
South ©North Alabama bonds, 6s....*..,
8t Louis Tunnel 1st mort (guar, by the Illinois
St. Louis Bridge Co.) 9s.
1838
Union Pacific Railway, Omaha Bridge, 8s
1896
United New Jersey Railway and Canal, 6s... . 1894
Da
do.
■
do.
19D1
do.
6s
@
89 • © 41
17
17 @ £0
26
26 © 30
26
26 © 30
[06 @108
106
[06 @108
!06
104 @106
104
89
89 © 90
26
26 © 30
L06 @108
106
■
*‘i
92#© 93#
93*© 94*
....
.
case
yield will not be so
That this will be
on heavy soils Is almost certain; bat should the weather
drier, there is still the prospect of a good crop. It is
24
19
12#© 13
Frankfort Commit’e Receipts, x coup.
do
and
27
85
mort, 7s
1899 83 © 81
Do
ex funded, coup, from April 1, 18**7,
to July 1,1879, inclusive..
Do
70 © 72
Central Pacific of California, 1st mort, 6s
1896 108*43109#
Do Cali for. <fc Oregon Oiv.lst mortgld.bds,6s. 1892
92 © 91
Do Land grant bonds
1890 88 © 90
Chicago Bnrl. A Quincy sinking fund bonds
92 © 94
Central of New Jersey, cons,
Del. & Hud. Can. 7s
Detroit A Milwaukee 1st mortgage, 7s
Do
2d mortgage, 8s
Brie $100 Bhares
© 35
13
7
(Tunnel) 1st mortgage, fls.
do
£0
30
62
15
Atlantic Mississippi A Ohio, Con. mort, 7s... .1905
do
Committee of Bondholders1 ctfs
Baltimore A Potomac
bat it has been warm, and vegetation has made rapid progress.
As far as wheat is concerned, the rainfall has been too copious,
S32
@ 7
2d mort, $1,000, 7a.1902
3d mort., $1,0001.. .1902
1st mort.
2d
do
3d
do
©110
©110
May 11.
the
@98
Do
Do
Do
Do
Do
103
108
SHARKS.
Susquehanna cons. mort. 7s, Nos.501
to 1,500, inclusive, guar, by Del.AHud.Canal.. 1906
Atlantic A Great Western 1st M.f $1.000.7s... 190*
Albsnr &
'
539
THE CHRONICLE.
1<18T8.]
feeding stuffs. The weather which suits
grasses and roots does not tend to produce large crops of grain";
and a dry summer is favorable to cereals, while it diminishes the
production of cattle food. We all know that it is not difficult
for ns to procure adequate, and, indeed, ample supplies of foreign
wheat at a very moderate price.
The charge for bread is now,
three
even after
bad seasons, only 5d. to 8d. the 4 lb. loaf, and
the tendency &i the present time is for the price to decline. < A
matter of more importance to the British people is the price of
meat and dairy produce. - A deficient wheat harvest is always
made good; bat scanty pastures cannot be made fruitful; and
for the loss of a summer's growth of grass and a scarcity of
cattle food it is not easy to obtain compensation. Efforts are
being made to furnish this country with increased supplies of
meat, bat everything except bread is very dear, and there seems
to be no prospect of abatement.
The present weather, however,
is very favorable for the production of cattle food. There will be
a large yield of grass, and it is almost certain that turnips and
other roots will be produced in large quantities.
The grass-land
farmers will probably have a good season, bat at present there
is no reason to alter the opinion that the wheat crop will be very
satisfactory. At the present time, the crops look promising, and
there will be
an
,
excellent result should the
be fine.
daring the week has been dull. The
home-grown produce, although small, show an
increase, compared .with last year. There is evidently a desire,
and rather a strong one, to clear out last year’s produce, as the
course of the markets will be downwards, should the weather
continue propitious. It is therefore judicious to realize existing
stocks before new produce arrives at market. The course of
prices, must, however, he regulated by politics and by the
weather, both of which are just now very uncertain.
On the Continent during the week, the trade for cereal produce
has been very quiet.
Supplies have been very moderate, but
buyers have operated with caution, and former prices have been
with difficulty supported. There has been a good deal of rain in
France of late, and it iB believed that the harvest prospect is not
so good.
A very-different result may, however, he reported, if
there should be a return of dry, settled weather.
The sales of home-grown wheat in the 150 principal markets
of England and Wales amounted,during the week ended May 11,
to 44,730 quarters, against 32,689 quarters last year; and it is
estimated that in the whole kingdom they were nearly 179COOO
The trade for wheat
quarters, against 131,000 quarters in
1877. Since harvest the
principal markets have been 1,549,920 quarters,
against 1,675,253 quarters in the corresponding period of last
season; while in the whole Kingdom it is computed that they
have been 6,199,680 quarters, against 6,700,000 quarters in 1876-7.
Without reckoning the supplies furnished ex-granary, it is esti¬
mated that the following quantities of wheat and flour have been
placed upon the British markets since harvest:
sales in the 150
1877-8.
cwt.
Imports of wheat
Imports of flour
Sales of home-grown
Total
produce
-
.
Exports of wheat and flour...
1876-7.
1875-6.
Anyf
cwt.
>
1874-6.
cwt.
40,275,793 27,231,004 88,739,213 27,578,521
6,254,125 4,581,840 4,738,892 5,028,174
26,865,280 29,037,200 28,731,000 88,712,500
.78,895,193 60,900,044 72,259,105 71,305,695
Sll,0b9 ; 218,807
1,400,499
718,465
.
Result
@ ...
@108
summer
arrivals of
Aver,
...
.
well known that
price of Eng. wheat for season
71,994,699
52s. 7d.
60,181,519 71,948,036 71,089,688
50s. 6d.
45s. 5<L
48s. 9d.
'
following figures show the imports and exports of cereal
into and from the United Kingdom since harvest, viz.,
produce
108 @110
from the 1st of September to the close of last week, compared
The public gales of colonial wool were commenced on Tuesday
with the corresponding periods in the three previous years:
last. The total arrivals have amounted to $315,119 bales, of
IMPOSTS.
which about 16,000 bales have been forwarded direct to York
1876-7.
1877-8.
1875-6.
1874-5.
ghire and the Continent.; There hag been fair competition, but, as Wheat
CWt. 40,275,793
27,578,021
27,281,004
88,789,213
10,314,806
10,664,209
10,087,760
6,698,603
regards Australian wool, prices show a decline of £ d. to Id. per lb. Barley...
7,599,786
6,819,666
7,7*1,938
5,688,616
Oats.,
There has been no change in the value of cape wool, the demand Peae
1,256,748
M07.869
913,022
1,079,549
for which has been active.
The weather daring the past
107 ©too
107 @109
106
107
103
The
@109
@110
Beane
week has been
very
unsettled,
;
Indian Corn
Floor
I...,
2,453,328
3,810,679
22,628.499
23.173,867
6,254,125
4,581,840
*.608,612
lMfhMt
4,788,892
W&gB
10,482(0»
5,023,174
-Jr
m
THE CHRONICLE
11887649-- 761250.
Wheat
LXFOBT8 AT XIW YORK FOR THE WEEK.
1,347,614
40,985
59,773
16,9:3
16,967
180,227
52,385
....CWl.
.«....*«<
Barley
Oata
5SS.::::::::::
Indian Corn
Flour
687,878
43.785
293,793
21,554
173,612
82,393
20,952
244,259
29,964
6,599
52,784
17,038
1,827
34,227
42,513
45,195
Previously reported.... 143.579,945
24,717
377,651
30,587
184,442
17,273
1875.'
1876.* *
General merchandise...
$1,536,400
7,820,913
$967,152
4,273,270
Total for the week.
$9,337,843
Drygoods
Since Jan. 1
Sir John Lubbock has published the
subjoined statistics, show
ing the working of the Bankers’ Clearing-House for the year
ending on the 30th April, 1878, which is the eleventh during
,
[VOL XXVI.
which these statistics have been collected.
In
of
$152,937,238
$5,240,412
123,037,123
^
1667-1868
*1872-1873
1673-1874
The total amounts
dry goods for
May 28
147,113,000
161,861,000
168,523/ 00
186,5t7,0:0229,629,OCO
265,965,OCO
272,841,000
255,950,0(0 •
210,807,003
231,630,000
224,190,000
4,873,000.000
1677-1878
444,448,000
one
$133,277,545
week later.
594,763,000
635,946,000
942,446,003
1,0*2,474,010
9T\945/0J
1,076,585,0:0
962,595,000
718,793,000
745,665,000
Since Jan. 1
sat.
Mon.
97 1-16
97 1-16
Consols for money.. 96 9-16
“
account.. % 9-16
0*8.6s (5-20s) 1867.. ..109*
0.8.10-408
109*4
is of 1881
lor*
New 4^8
105*
Tues.
Wed.
97 5-16 97 5-16
97 5-16 97 5-16
109*
109*
109*
107*
105*
109*
107*
105*4
109*
109*
107*
105*
Fri.
97 9-16
97 9-16
Flour (extra State)
flbbl <7 0
Wheat (B. W. spring). ft ctl 9 6
“
(Red winter)..... “ 11 3
**
(At. Cal. white).. •• 10 10
“
(C. White club)... “ 11 0
Corn (new W. mix.) F quar. 21
Fens (Canadian) m Quarter. 35
s.
27
9
11
9
0
10
-It
24
35
Tuer.
s. d.
d
0
6
3
10
0
9
0
26
9
11
10
10
24
35
6
0
0
8
10
3
0
26
Thur.
d.
26 6
,
6
0
9
8 10
10 10
10 6
10 10
24 3
85 0
U
0
!0 8
10 10
24
85
8.
3
0
Liverpool Provision* Market.—
Mon.
d.
A
Tues.
s.
77
42
23
6
6
3
34
51
3
0
42
23
6
0
34
54
6
0
d.
Wed.
d.
Thur.
s.
s.
77
42
23
34
53
6
6
6
9
6
77
42
84
34
52
77
42
23
85
51
6
6
6
9
S
Fr
d.
6
6
9
0
0
s.
.
n.
a
77
42
6
6
0
0
0
24
35
50
Liverpool Product Market.—
Sat.
s. d.
Weeln (common)... ft cwt.. 4 9
"
(fine)
“
10 0
_
FftroUum(reflned)...
.9 gal
%
n
Tallow (prime City).. 9 cwt. 87
Sotritf turpentine
“
23
Cloverseed (Amer, red)
40
Mon.
Tues.
s.
d.
s.
4
10
9
4
0
10
9*
7
9*
3
37
7
0
6
23
6
0
40
0
d.
9
0
Wed.
s. d.
4 9
10
0
9*
37
23
40
7
0
6
0
Tnar.
d.
9
0
s.
4
10
9*
7
0
6
0
37
23
40
Fri.
s. d.
4
10
9*
7
0
6
0
37
23
40
ttM6ed (Cal,) 9 quar*
Sugar (No. 12 D’ch std>
ewspot, 9 cwt
Buermoll...A.9tun..7t
Whale oil
" .35
linseed oil....9 ton .27
Mon.
d.
0 0
49 6
£.
9
23 3
23
71 0
35 0
26 15
s.
0 0
0 0
0 0
s.
s.
d. £
0 0
49 6
8
0
0
0
9
s.
d.
0
0
6
49
23
71 0
35 0
26 15
8
0
0
0
Wed.
£ s. d.
9
0
49
23
71
0
0
35
23 10
|8,931,806 the preceding week and $6,489,095
Curacoa
May 22—Str. Niagara
May 23—Str. Alps
Havana
Colon
Aspinwa’l
Aspinwall
Belize
0
6
Thur.
£
9
s.
d.
£
0
49
0
9
6
23
71 0
35 0
26 10
Fri.
s. d.
0
49
23
71 0
35 0
23 10
0
6
0
11,800
23,480
Mex. silver bars..
12,073
$104,303
7,714,117
$34,395,861
13.453,669
13,116,354
37,159,712
17.255,788
33,256,779
same
periods have
Amer. silver..
Amer. silver..
$4,0 0
lf>4,834
.
.
Amer. gold....
Araer. silver...
Amer. gold.. ,
12,614
2,656
2,485
5,000
Foreign gold...
Amer. silver...
959
Foreign gold...
1,000
1,651
Amer. gold....
Gold dust
3,976
Amer. silver..
Gold dust
3,790
2,2w0
.
...
.,
Amer. gold
400
758
Amer. silver
Amer. gold....,
...
3,525
1875
1874
Same time
1871
1870
in—
$3,043,880
6,987,090
8.807,833
1868
...
1873•••>.«••
#209,818
11,331,489
($7,666,339 silver, and $3,874,473 gold)..# fljl 1,317
.•••#«»-
....
1872
3.241,313
1,056,579
1,787,481
705.535
The transactions for the week at the Sub-Treasury have been
follows:
Receipts.
Payments.
Customs.
Gold.
Gold.
Currency.
Currency.
May
$177,000
$467,025 59
$534,714 23 $205,490 84 #325,898 88
349.000
457,039 18
97
169.920
683,032 11
942,478 76
180,000
275,959 51
1,1^5,268 23
675/;82 76
5S0,895 82
301,000
696,653 67
1,335,299 05
95,596 72
908,155 47
.Holiday.
259,000 * 25,599*,507*06*
729,966 13
149,224 79
700,847 41
as
.
Total
$l,2Ctf,0» $27,498,435 01 $4,468,279 77 $1,295,616 08
Balance. May 24
104,247,614 52 37,603,898 89
Balance, May 31
130,448,483 45 38,615,402 32
From the Comptroller of the Currency, Hon.
we
have the
following statement of the
Treasury balances for three months past:
as
$3,458,276 34
John Jay Knox,
and
currency movements
securityfrom Nat. B'ks.— Feb. 28.
$2,090,650
1,870,150
March 3!.
April 30.
$2,740,900
$3,638,000
2.262,400
8,027,200
348,522,550 346,336,250 847,711,850
13,693,000
13,453,000 13,448,000
1874
322,933
Total now on deposit, including liquidating
banks
..11,686,799
Retired under act of January 14, 1875
492,400
Total retired under that act to date.
88,381,976
Total amount of greenbacks outstanding.. *348,618,024
National Bank Circulation.—
■J
New circulation issued
'
615,500
.
„
4,000
(cont’g $240 g*d)
Mex. silver coin..
Total for the week ($176,997 silver, and $32,851 gold)...
Previously reported ($7,489,842 silver, and$3,641,62? gold)
Legal Tender Notes.—
Deposited in Treasury under act of June 20,
two weeks pre¬
The exports for the week ended May 28 amounted to
$6,665,896, against $7,069,472 last week and $6,298,686 the preFiona week. The following are the imports at New York tor
week ending (for dry goods) May 23 and for the week
{for general merchandise) May 24:
May 21—Bark Cuiacoa
Total held for circulation
Bonds held as security for deposits
Imports and Exports for the Wrbk.—The imports last
week showed a decrease in dry goods and an increase in
general
merchandise.
The total imports were $4,260,532.
against
1
St. Thomas
U.S. Bonds held
©xrrattmxial and miscellaneous JTcxus.
vious.
BerDhaum
Bonds for circulation deposited
Bonds for circulation withdrawn
London Produce and Oil Markets.—
sat.
May 20— Schr. Wardwell
0
7
6
6
0
45,OCO
specie at this port during the
9
9*
37
28
40
Amer. silver bars.
toe
Amer. gold bars..
Amer. silver bars
21,146,737 I 1867.
1 1866
Total since Tan. 1, 1878
Same time in—
Fri.
d.
28 C
8 10
10 10
10 6
10 9
23 9
35 0
s.
250
28,717,264
! 10*77
Wed.
d.
*&* dole
Am.sl).
31,695.037 11869......
21,517,98511868
May 21—Str. Acapulco
*
|
May 20—Str. Hadji
cotton.
s.
$7,200
24,095,017 11870.
Clyde
May 25-Brig Tula
109*
109*
107*
105*
Mex. silver dols..
Amer. gold coin,.
Same time in1871
|
#15.268,782
; 1876
Moe.
sat.
s. d.
...Southampton
Mav 25—Str.
Thur.
97 7-16
97 7-16
Liverpool Breadstuff* Market.—
£
IAm*'dc’ke(obl).9tc. 9
$140,867,966
_
The imports of
been as follows:
shown in
as
10!)*
109*
107*
105*4
Liverpool Ootton Market.—See special report of
-
$10^699,601
1873
1872
Week.
-
$96,744,561
1876
1875
1874
following summary:
Monty and Stock Market,—The directors of the Bank
of England, at their meeting on
ThursdayfUxed the minimum
rate of discount at 2$ per cent.
The bullion in the Bank has increased £242,000
during the
~~
133,702,070
$95,302,332
Same time in—
1877
London
(spirits).....
101,872,011
Total since Jan. 1. 1878 ($2,879,695 silver, and $4,933,755 gold)...
$7,816,450
the
...
91,482,533
1878.
$6,665,896
Total for the week ($99,563 silver, and $4,740 gold)....
Previously reported ($2,760,132 silver, and $4,934,015 gold)
The daily closing quotations in the markets of London and Liver¬
Beef (prime mess) W tc.
89,251,516
May 25 -Str. Hohenzollem
Batllsh Market Reports—Per Cable.
Fprk (W1t mesa).... ft bbl
Bbeon(PgcLm.).... Vcwi
Lard (American).... “
Cheese (Am. flue) new “
1877.
$4,8>7.590
parison of the total since Jan. 1, 1878, with the corresponding
compared with 1877.
.
1873.
$5,262,023
totals for several previous years:
May 27—Str. Colon
St. Benito
Aspinwall
May 20—Schr. L. Bell
Eieuthera
May 25—Str. Adriatic
Liverpool
£193,533,000 as contrasted with 1877. The payments on Stock
Exchange account days form a sum of £745,665,000, being an
increase of £26,872,000 as compared with 1877.
The payments
on consol account
days for the same period have amounted to
£233,385,000, showing an increase of £9,629,000 over 1877. The
Amounts passing through on the fourths of the month for 1878
have amounted to £224,ISO,000,showing a decrease of £7,440,000
^
1875.
#6,050,816
The following will show the exports of specie from the port of
Sew York for the week ending May 25, 1878, and also a com¬
©f
pool for the past week have been reported by cable,
ending
.
Previously reported....
5,066,583,000
The total amount of bills, checks, &c., paid at the ClearingHouse during the year ending 30th April, 1878, shows an increase
AS
:
For the week
132,293,030
142,270,000
148,822,000
169,141,000
233,842,000
243,561/-(0
280,072,000
260,338,000
242,245,00)
223,756,000
233,385,010
550,622,(00
#4.260,532
112.722,137
EXPORTS FROM NEW YORK FOR THE WEEK.
On Fourths On St’k Erch’ge On Consols
of the Month.
ccount Days. Settl’g Days.
£
£
£
3^57,411,000
3,534,039,OCO
3,720,623,OGO
4,01S,464,000
5,359,722,000
6,003,335,000
5,993-,586,000
6,013,299,000
5,407,248 000
1868-1869
$6,782,681
128,629,644
1878.
The following is a statement of the exports (exclusive of
specie)
from the port of New York to foreign ports for the week
have been:
Total for
the Tear.
£
$846,949
8,413,583
$135,612,325 $116,962,669
report of the dry goods trade will be found the imports
our
1
8
6
9
.
7
782259.
for the eleven years
1877.
$744,260
6,038,421
903,530
12,182,962
12,813,537
769,312
1,167,696
34,151,288
35,818,984
347,848,712 348,681,016
961,640
„Circulation retired
653,448
750,617
2Totabcirculation outstanding—Currency... 320,557,871 870,761,394
Gold.......
Notes received for
New York
redemption from—
Boston
412,480
1,432,120
* 1,432,120
8,787,000
5,872,000
8,856,000
5,045,000
,386,000
1,459,620
502,655
321709,659
1,432,120
7,711,000
2,9 5,000
Philadelphia
768,000
•
924,000
—The June coupons on the bonds of the Minneapolis & St.
Lonis Railway Company will be paid at the Continental National
Bank in this city. ~
,
—The June coupons on the bonds of the*? Burlington Cedar
Rapids & Northern Railway Company will be paid at the Conti¬
nental National Bank.
&
banking and commission business in cotton,
kinp advances on warehouse receipts and consignments.
—Attention is directed to the card of Messrs. R. M. Waters
ending Co., who transact
m
.
a
.
1978. j
JtrNR 1,
The range
iiiDette.
in the prices since Jan. 1, 1878, and the amount of
each class of bonds outstanding May 1, 1878, were as follows:*.^
Th© United States
Lowest.
Comptroller of tlie Currency famishes the
following statement of National Banks organized the past week :
«
g&4_Annville National Bank of Annville, Pa. Authorized capital, $50,COO;
paid in capital, $50,000. John H. Kinports, President; George W.
Stine, Cashier. Authorized to commence business May 17,1878.
3 885—Northampton County National Bank, Easton, Pa.
Authorized capital,
$100,000; paid-in capital, $100,000. Joseph Laubach, President; Win.
H. Hulton, Cashier. Authorized to commence business May 2i, 1878.
6s, 1881
cp.
68.5-20s,’65.cp.
6s, 5~20s/67.cp.
68.5-208,’68.cp.
5s, 10-40s...cp.
DIVIDENDS.
6s, cur’ncy.reg.
The following
Name or Company.
WhA
Books Closed.
Payable.
(Days inclusive.)
*
$3^50
July 1.
3%
June 10
Spring Mountain Coal
*••••§
*•••»••«
••••
June 1.
•
•••••»•
»••••••
FRIDAY, MAY 31, 18T8-5 P. M.
The Money Market
4%s, 1891 ..cp.
4s, 1907
cp.
105% Feb. 25 10878
102% Jan. 3 104%
105
Feb. 6 107%
106% Jan. 2 110%
10378 Mch. 1 108%
102% Feb. 25 106%
1017a Mch. 1 10478
100% Apr. 13 102%
117% Apr. 5 122%
May 1.
Registered.
•.
\
Coupon.
May 25 $194,592,750
49,692,950
Apr. 5
Apr. 6 103,993,750
15,936,500
Apr. 23
Jan. 26 143,008,950
Jan. 24 228,250,800
May 24 131,947,350
Jan. 9
63,525,100
64,623,512
May 25
$88,143,600
57,163,100
206.622.550
21,528,800
51,557,*350
280.189.550
78,052,650
20,324,900
May May May
17.
24.
31.
Range since Jan, 1,1878.
Lowest.
Highest.
t
•
Railroads*
A Sioux City (quar.)
jiwa Falfsmiscellaneous.
5s,fund.,’81.cp.
Highest.
Closing prices of securities in London have been as follows:
dividends have recently been announced:
Per
Cent.
Amount
Range since Jan. 1,1878.
NATIONAL BANKS ORGANIZED.
and Financial Situation.—In referring
U. S. 6s, 5-20s, 1867.
..
109
109%
108% 109
106% 107%
x04% 105%
U. S. 5s, 10-40s
5s of 1881....
New 4% per cents.
State and. Railroad
bonds Louisiana
h h0 0
ac>
t>»o
105%
104%
103%
102%
Jan.
2 109% May 29
Feb. 25 109% Jan. 26
Mch. 1 107% May 29
Feb. 25 105% May 29
Bonds.—Among the
State
Southern
consols have been conspicuous for weakness,
the several points which were apparently made the opening to-day at 74, and selling down to 72f at the close. The
July interest is supposed to have been provided for, and brokers
basis for an upward movement in stocks and bonds, we said— here
assign no better reason for the decline than free sales by
these are among the general influences accepted by the public”
parties
were carrying the bonds on margins in New Orleans.
as" encouraging the idea of future prosperity.
In mentioning District who
of Columbia 3-65s sell actively at 82§@82i.
Virginia
then, as frequently in our reports, the causes which seemed to consol bonds are in demand from parties in the State. South
explain certain movements in the market, it was not our intention Carolina consols approved numbers are quoted at 84@87, and
to approve or disapprove of those causes as being a sufficient foun*
rejected numbers of the best class at 65@72, while private letters
dation for the course of prices, but simply to state them as what from Charleston
say that it is the opinion among lawyers
appeared to be the principal reasons actuating parties who there that the law establishing the Court of Claims will be held
operated. Wall street movements, as is very well known, often unconstitutional, and that all the consol bonds will be held good
go in waves—now in buoyancy and now in depression—and in —hut the result of law suits is proverbially uncertain.
each period there are subjects uppermost which furnish common
Railroad bonds in this market are stUl active at fair prices.
In
topics for street talk, and are usually much exaggerated, influ¬ addition to the demand for investment, there has undoubtedly
encing to a greater or less extent the action of those whose deal¬ been a good deal of buying on speculation, as the low prices at
ings form an important part of the total stock and bond transac¬ which bonds were
selling and the high rate of interest which
tions.
they
paid
at
those
prices, offered an inducement to purchase
The present week has been broken by the occurrence of Deco¬
them on “margins.”
So far, the tide has all set in one
ration day, on Thursday, which is in this State a legal or bank
direction, and the course of bonds has been steadily up¬
holiday. The tone of last week, however, has been well’ sus¬ ward, so that considerable profits have been realized.
As
tained and securities were strong early in the week, and, to¬
Government, State, and city bonds pay low rates of inter¬
day, prices were well kept up on a comparatively moderate est, and western real estate mortgages have been less in
The money market has worked easily at 2(2:3 per cent favor since the silver
business.
agitation, attention has been turned again
on governments and 2|@4 per cent on stock collaterals.
Prime to railroad mortgages by the large increase in business which has
commercial paper is in demand at 3i@4£ per cent.
followed the heavy crops of 1877.
A number of issues of railroad
The Bank of England directors on Thursday reduced the mini¬
bonds, too, are payable by their terms in “gold coin,” whereas
mum discount rate to 2} per cent from 3 the previous figure, the
United States bonds only read payable in “coin,” and thus the
open market rate for money being If per cent.
Bullion in the former bonds offer an opportunity for investment to those who
bank increased £242,000 in the week, and the percentage of still think that
gold may hereafter rule at a considerable pre¬
reserve to liabilities was 40 1-16 per cent,
against 38f per cent. mium, as compared with silver or legal tenders payable in silver.
The Bank of France gained 9,063,000 francs in specie.
Messrs. Adrian H. Muller & Son sold the following at auction:
The last statement of the New York City Clearing House banks,
Shares.
Shares.
issued May 25, showed a decrease of $24,100 in the excess above
40 Hoffman Fire Ins
90
10 Home Ins
.110%
Bonds.
their 25 per cent legal reserve, the whole of such excess being
52 Hanover Fire Ins
130%
12 Metropol. Gaslight Go..131% $2,000 Indianap. & St. Louis
$14,104,675, against $14,128,775 the previous week.
RR. Co., 2d mort
35%
The following table shows the changes from the previous week 2,000 Ind. Manuf. Co., $25
1,000 City of Savan. 7 per
each, $1 80 per share.
and a comparison with the two nreceding years :
cent coupon bonds, due
25 Brooklyn City Safe De¬
last week to
“
.
Loans and dis.
Differ’nces fr’m
1877.
1876.
May 25.
previous week.
May 26.
May 27.
$233,997,200
Ino. $874,600
Dec. 3,203,100
19,827,100
20,005,800 Dec.
Specie
Circulation
1878.
..
Net deposits
Legal tenders.
.
6,500
700,800
198,985,300 Dec.
44,023,900 Inc. 3,003,800
21,348,700
16,069,000
225,432,600
53,570,400
early part of the week, but to-day, slackened
of the bad weather and the lull
following a holiday. The Syndicate affairs remain substantially
in the same position reported last week; the bonds have all been
sold, except the $10,000,009 in London, and to-day a definite call
"up materially in consequence
made on the Treasury Department for the last $15,000,000.
This makes the entire $50,000,000 contracted for on April 11,
taken as follows:
was
$10,000,000
April 11
April 26 (May option)
May 3 (June option)
May 7 (July option)
May 14 (August and September options)
May 31 (Oct., Nov. and Dec. options). ♦
Total
5,000,000
5,000,000
5,000,000
10,000,000
15,000,000
$50,000,000
.
Closing prices at the Board have been as follows:
States.
Louisiana consols
Missouri 6s, ’89 or ’90
North Carolina 6s, old
Tennessee 6s, old
Virginia 6s, consol
do
do
Dist. of Columbia, 3-65s
May
May
May
May
May
Period
25.
27.
28.
29.
30.
31.
'6s* 1681..........reg. J. & J.
6s, 1881
coup. J. & J.
108%
308%
6s,
6s,
6s,
68,
109% 109
.6s*,5-20s, 1868...reg. J. & J. 1091s
109%
68* 5-20s, 1868 .coup. J. & J. *109is U09%
5s, 10-40a
...reg. M. & S. 1073* *107% *10780 107%
10450
5s, 10-40a*
coup. M. & S. *10713 *107% 107 50* 107%
58, fond., 1881 ...reg. Q.-Feb. 10578 1057a 10578 105%
5a, fond., 1881..coup. .-Feb. 10578 105% 105% 105%
_
4*88,1891........reg.
4*88,1891
coup.
4s, 1907...
..reg.
4a, 1907
coup
6s, cnricy, ’95-99. reg
*
This is
♦-Mar.
.-Mar.
103%
I.-Jan.
10138
101%
theprlce bid;
-Jan.
& J.
103%
103%
10350
I047e 104% 1047@ 104%
122
v
j
101% *101% 101%
1013s *101% 1013a
121% *121% 122
no sale was made at the Board.
104%
*10730
107%
109%
107%
107%
10550
105%
"103%
104%
*101%
101%
*121%
May
May
24.
31.
Range since Jan. iy 1878?
Highest*
Lowest.
85
106
18
75%
72% 72% May
104% Jan.
*105% *106
15
Mch.
*16% *17
*39
*39
33% Jan.
*70% *72
*30
81
Feb; 11
Febi* 6
May 25
39% May 14
,
'
r
£
*29
82%
74
83% May
Apr. 12
^8
Railroads.
Central of N. J. 1st consol—
Central Pacific 1st, 6s, gold..
Chic. Burl. & Q. consols 7s...
Chic. & Northwest, op., gold..
Chic. M.& St. P. cons. s. f.7s..
Chic. R. I. & Pac. 6s, 1917...
Erie 1st, 7s, extended
Lake S. & M. S. 1st eons., cp..
Michigan Central consol. 7s..
Morris & Essex 1st mort
N. Y. Cent. & Had. lst,cp—
Ohio & Miss. cons. sink. id..
Pitts. Ft. Wayne & Cliio. 1st..
St. Louis & Iron Mt. 1st m—
do
May
10878 1087s *108% 108%
10878 108% 108% *10850
5-20s, 1865...reg, J. & J. *10458 *10458 *10450 104%
5-20s, 1865 .coup. J. & J. *1045ft 10450 10450 10450
5-20s, 1867... reg. J. & J. *107% 107% *107% 107%
5-208,1867 .coup. J. A J. 1073s 10750 107% 107%
2d series..
Union Pacific 1st, 6s, gold....
Interest
55
Closing prices for leading State and Railroad Bonds for two
and the range since Jan. 1,1878, have been as follows:
208,978,700
49,290,400
con¬
1890, $500 each..
each,
Weeks past,
17,368,500
16,059.200
business in Governments
United States Bonds.—The
tinued active in the
$253,506,500 $251,492,700
posit Co„ $100
$7 50 for lot.
sinking fund—
64% Moh. 4 82% May
103% Jan. 15 108% M*y
109
2 112% May
Jan.
102% 103% 9178Jan. 14 103% May
102% 102% 91% Jan. 5 102% May
80
*107%
82
108
Jan. 5
*108% *108% 106
*112% *112% 110 Jan. 7
109
Jan. 10
*111%
109
*109% 105% Jan. 5
116
*116% 115% Jan. 5
Jan. 7
*120% *120% 118
997s *100% 95% Feb. 20
Feb. 8
*120% *120% 118
109
*106% 103 Apr. 5
108
108
103% Jan. 7
100% 100% 92% Mch. 6
This is the price bid; no sale was made at the Board.
Railroad and miscellaneous Stocks*—The
20
29
25
?1
25
May IV
114% Apr, 20
112% May 27
110% Apr. $7
120
Apr. 29
121
May 27
109
100% Jan.
121
May
109%^ May
108% May
100% May
30
25
24
27
24
*
stock market
The tone has
simply been a continuation of that noticed last week without the
development of any essentially new feature. The earnings of
some of the Western roads keep up to high figures, and the
receipts at Chicago have been without, a'parallel. ..Taking the
twelve months ending August 1, 1877, which were particularly
unfavorable, and the twelve months ending August I, 1818, fol¬
lowing the abundant harvests of last year, and we shall havetwo
years from which to strike an average of what the Western gr&facarrying roads ought fairly to earn in an ordinary season. EHe
has been
strong on a fair amount of business.
has come in for a share of the advance, and as the price
with assessment paid, is about 21, it still ranks among
fibw,
the lowest
priced of the speculative favorites, which are always bought more
or less on the idea of a possible gain and the impossibility of A
THE CHRONICLE.
542
awest
loss. Last year,19$,in Lake
May,Shore
St. Paul
common
sold Central
at 17$,
at 47$,
Michigan
common
at
(Tol. XXVI.
Latest earnings reported.—>
1878.
1877.
Lonisv. Cin. A Lex. April
Louisville A Nash. April
64,761
38$, Jersey Central at 6$, and Wabash receipts at 2$; low-priced
were
then abundant, but now, evidently, tempora Michigan Central.March
A St. L. March
mutantur, and there are few stocks with any prospect of divi¬ Minneap.
Missouri
dends for some years which are selling below 50. At the close Mo. Kans.Pacific..April
A Tex .April
Mobile A Ohio....April
prices were strong.
Nashv. Ch.A St.L. April
The daily highest and lowest prices have been as follows:
Northern Pacific .March...
favorites
May 25.
Central of N.J. 21%
Chic. Burl.* Q. L03%
C. Mil. & St. F.
do
pref.
Chic. A North.
do
pref.
C. R. I. * Pac..
Del.* H. Canal
Tuesday, Wedn’sd’y JThursday,
May 29.
May 30.
May 28.
Monday,
May 27.
Saturday,
22V*
Friday,
May 31.
23 V* 24
105
104
22
22%
104% 108% 104 V*
53V* 54V
80
803
81
1109* 112V*
Del, Lack.* W
55
Erie
Han.* St. Jo..
do
pref,
Illinois Cent...
Lake Shore
■a
o
S3
.
The Gold
Ohio * Miss...
Pacific Ma i....
Panama
Wabash
Union Pacific..
West. Un. Tei.
189* 19?4
►1175* 120
Adams Exp....
American Ex..
United States.
Wells, Far*o..
47 "
*91
Quicksilver....
do
pref.
*32
*
The3e
are
47V
915
ie>*
102V*
49V*
*47V* 48
*90
16
if
~
91V*
16
329* 34
the prices bid and askei; no sale w is m ide at the Boarl.
Central of N. J
Ohio. Burl.A Quincy.
Chic. Mil. ASt. P..
do
do pref.
Chicago A North w...
do
do pref.
Chic. Rock Isl. A Pac.
Del. A Hudson Canal
Del. Lack. A Western
Erie
Hmnibal A St. Jo.
do
do pref.
Illinois Central
Lake Shore
..
..
Michigan Central....
Morris A Essex
N. Y. Cent. A Hud. R.
Ohio A Mississippi...
Pacific Mail
7,010
90,910
70,685
1,125
2,500
3,593
93,000
6,140
18,170
7,200
14,000
50
Wabash
Union Pacific
9.369
210
425
130
50
300
200
Wells, Fargo A Co...
Quicksilver
pref
98
Lake
Shore.
Jan.
47*4 Jan.
46
Jan.
5 131
9 2038
4
73
13 84%
8 104
14 52%
22 51%
7
82% Jan.
15% Jan. 26
295k Feb. 5
Total sales of the week in
North¬
west.
Jan.
123s May
64% Jan.
75% Feb.
50,992
American Express..
United States Exp...
2 2618 May
13% Jan.
99% Feb. 28 106
Apr.
36
Jan.
2 5438 May
68% Jan. 30 81
May
33% Feb. 11 55% Apr.
59% Feb. 9 78% May
9838 Jan. 15 11278 May
45
Jan.
5 57*4 Apr.
463g Mch. 5 58
Apr.
7®8 Jan. 5 1538 May
10
Feb. 28 13% Apr.
21% Feb. 28 31% Apr.
723s Feb. 14 -843s May
593s Jan. 15 69% Apr.
O
58% Jan.
725s Apr.
673e Feb. 28 85 ‘May
1035k Feb. 11 110% May
7
Jan. 16 11% Apr.
16% Mch. 16 2378 Jan.
112
6,451
Western Union Tel...
Adams Express
Whole year
1877.
1,632,445
332,169
1,272,662
221,657
97,037
126.372
37,308
841.489
1,193,541
941,503
642,499
741,862
605,303
139,319
5,619
4,375
564,908
78,717
75,147
215,090
804.604
225,827
945,678
8,030
84,631
57,286
25,922
9,900
5,234
2,960
38,269
21,579
31,000
18,892
74,873
695,334
9,740
65,800
66,820
21,219
8,972
6,892
3,938
49,579
28,974
59,900
32,846
86,209
Market.—Gold has been
more
878.568
2,466,527
194,438
1,600,146
1,184,907
441.569
208,233
105,387
51,815
1,894,724
175,881
1,547,234
1,239,988
382,735
214,128
120,498
59,192
180,248
116,595
129,471
73,970
135,494
393,084
238.667
505,429
1,737,040
1,597,897
in demand in
31
17
40%
42%
73%
15
43 78
31
31
16
16
31
16
16
29
15
18
31
31
15
16
37% 69%
82% 105%
25% 74%
Apr.
$5,187,533
470,468
215,598
-..
Exchanged for gold.
11878
3078
4%
77
15
7
17
1578
3378
40%
79
45
733s
74%
92%
35^8
51%
85% 109%
2% 1130
1278 26%
80
93,169
59%
Apr. 16
May 10
May 8
56
Feb. 25
73
84%
91
105
43%
36
81
13
19 7s
60%
59%
90
24
45
follows:
Del. L. Ohio A
A West.
Miss.
$5,972,768
Total coin..:
Silver certificates—total iss ue
Received back
342,040
313,140
Actually in circulation
Silver in London is quoted at 53
The range of gold and clearings
$28,900
5-16d. per ounce.
and balances were
Quotations.
Open
j Low.
25. 101 !l0078
27. 100% 100%
28. 101
|101
29. 101% 101
i
30.
31. 101
1101
May
“
“
“
“
“
130
Mch. 20
Erie.
Standard silver dollars—
On hand
Paid out for currency
)
1678. J
37%
5
34% Apr. 16
St.
Paul.
conse¬
of the government bond transactions and has advanced
to 101$.
In the receipts to-day at the Sub-Treasury in this city
was the very large item of $25,599,807 in gold, but how far this
represents actual receipts from the Syndicate we are not defin itely
On gold loans -the borrowing rates to-day were 1@2
informed.
A Washington despatch to the Evening Post, May 29,
per cent.
gave the following table, showing the workings of the silver law
in the Treasury Department, remarking that while nearly 6,000,000 silver standard dollars have been coined since the passage of
the silver law not 1,000,000 have gone into circulation :
Paid out for silver bullion
6
94
11
Feb. 25
were as
High.
31
18
31
91% May 25
19% Feb 25
leading stocks
West’rn
Union.
Low.
Highest.
t#
12,050
1,705,200
534,213
102,395
59,229
P. April
1877.
306,570
1,659,167
1,510,737
Trb ^urkr’s Office,
Treasury Department, May 28,
Lowest.
14,712
5,060
52,730
19,885
65,795
66,510
11,189
Panama
in prices since Jan. 1 1877,
Jan. 1, 1878, to date.
Sales of
Week.
Shares.
do
*102
49
48
92
Total sales tbis week and the range
were as follows:
1878.
274,445
72,997
361.372
quence
83 V* 83%
*102 102n
102%1
489* 489*
*47
*91
578,432
31,520
334,535
206,796
115,325
128,469
Southern Minn...April
Tol. Peoria A War.3d wk.May
Wabash
3d wk.May
e?
...
Morris * Essex
N.Y.C.& H. •
360,000
Pad. A Elizabetht. 2d wk.May
Pad. A Memphis. .2d wk. May
Phila. A Erie
April
Phila. A Reading. March
St.L.A.AT.H. (brs)3d wk.May
St. L. Iron Mfc. A S.3d wk.May
St. L. K. C. A No. .3d wk.May
St. L. A S. Fran.. .1st wk May
St. L. A S.E.(St.L.)2d wk.May
do
(Ken.).2d wk.May
do
(Tenn.).2d wk.May
St. Paul A 8. City. April
Sioux City A St.
Michigan Cent
Jan. 1 to latest date.
Week or Mo.
High
101
101
Gold
10078
101
..
101% 101
following
are
:
Gold.
Currency.
$14,701,000 $2,224,500 $2,249,802
13,286,000 1.520.261 1,531,283
101% 101%
101% 101%
This week 101
(100% 101% 101
101
Prev. w’k 100% 100% 101
S’ce Jan. 1 1027e 100% 102 % 101
The
Clearings.
Clos.
follows
as
Balances.
12,038,000
21,492,000
1,679,062
2.185.262
1,696,205
2,228,490
Holiday.
12,885,000
1,296,463
1,307,566
..
$74,402,000 $
81,729,000
$
1,240,200
1,251,330
quotations in gold for various coins:
Sovereigns
$4 85
Napoleons
3 92
X X Reichmark8.
X Guilders
4 74
3 90
Span’h Doubloons. 15 75
®$4 90
® 4 00
® 4 80
® 4 10
® 16 10
Mex. Doubloons.. 15 50' -@15 70
Fine silver bars
116*4® 1163*
Fine gold bars....
par.® %prem.
..
Dimes A % dimes.
Silver %s and %s.
Five francs
Mexican dollars..
English silver
—
—
98*4
98%
94%
—
—
—
924®
—
—
92
®
—
68
98 ®
99 %®
—
99%
—
par.
4 75
....
Prus. silv. thalers.
Trade dollars
New silver dollars
97%®
97%®
-1—
—
94
® 4 85
® — 70
in
foreign exchange has been dull,
2,020 19,500
1,600
27....
30.100 18,012
1,810 18,300
2,200 partly in consequence of the increased demand for gold.
To-day,
28....
19.100
3,920
8,410 21,950
1,300 however, leading drawers advanced their rates on 60 days’ sterling
29....
7,900 11,920
550
25,150 13,450
to $4 84, but left the rate unchanged at $4 86 on demand bills,
30....
....Holi
8 700
31.... 13,550 16,200
3,000 10,810 33*295 17,710
1,550 as money in London is easier than before.
In domestic hills the following were rates on New York to-day
Total... 65,795 93,000 50,992 52,730 70,685 90,910
7,200 at the undermentioned cities: Savannah,
buying par, selling $ pre¬
Whole stock. 151,031 494,665 337,874 154.042 780,000 524,000 200,000
mium; Charleston, very scarce; New Orleans, commercial $@3-16,
The total number of shares of stock outstanding is given in the hank
$; Chicago, 25 premium; Boston, 10 cents discount; and St.
last line for the purpose of comparison.
Louis, 90 premium.
The latest railroad earnings and the totals from Jan. 1 to latest
Quotations for foreign exchange are as follows:
dates are given below.
The statement includes the gross earn¬
60
May 31.
3
May
25
“
«
“
••
....
8,530
22,300
12,600
8,815
19,700
14,140
Exchange.—Business
13,150
15,225
5,725
7,820
«
ings of all railroads from which returns can be obtained. The
columns under the heading “ Jan. 1 to latest date” furnish the
gross earnings from Jan. 1 to, and including, the period men¬
tioned in the second column.
-Latest earnings reported.—, Jan. 1 to latest date.
Week
or
Mo.
1878.
1877.
Atch. Top. A S. F.3d wk.May $69,500
$41,514
Atl. A Gt. West.. .March
272,560 293,306
Atlantic Miss. A O.March
129,105
131,873
Bur. C. Rap. A N.3d wk.May
35,193
13,498
Cairo A St. Louis.2d wk.May
5,200
5,309
Central Paoiflo... April
1,510,000 1,438,659
Chicago A Alton.. 3d wk.May
.
'
98,918
Chic. BurL A Q...March.....1,169,831
Chic. MiL A St. P.3d wkMay 184,000
Clev. Mt. V. A D. .2d wk.May
6,889
Dakota Southern. April
19,777
Denv. A Rio Gr..3dwk.May
20,417
Detroit A Milw.. .April:
77,364
Dubuque A S.Clty.Sa wk.May
23,275
GaL If. A 8. Ant. .March
88,801
Grand Trunk .Wk.end.May18 160,377
Grit Western.Wk.end.May24
83,136
Hannibal A St. Jo. March
Hooet. A Tex. C. March
Dl. Cent. (HLline).April
do
Iowa lines. April
V do Springf.div. April
Indianap.BL AW. 3a wk.May
Ink A Gt. North. .3d wk.May
xJEansac Pacific.. .3dwk.May
77,921
888,065
131,165
7,743
18,806
14,294
76,636
13,885
78,072
166,021
77,019
•
174,528
391,196
118,438
166,ill
60,784
$1,176,983
832,491
389,577
644,018
72,555
4,833,410
1,546,031
3,126,448
3,379,000
133,895
67,305
320,005
388,74*6
265,039
3,434,235
1,822,814
394,808
328,959
101,598
1,600,477
501,479
24,548
56,574
497,822
483,038
13,718
27,516
17,324
1878.
19,776
46,881
1,128,797
1877.
$801,893
800,432
379,849
333,122
91,672
4,799,818
1,587,949
2,636,668
2,183,553
129,403
49,377
226,746
288,477
233,423
3,376,853
1,622,591
353,431
days. r
Prime bankers’ sterling'bills on London
Good bankers’ and prime commercial..
Good commercial.
Documentary commercial
Paris (francs)
Antwerp (francs).
Swiss (francs)
Amsterdam (guilders).:
Hamburg (reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)—
Boston
banks for
1878.
May 6.
May 13.
May 29.
May 27.
461,608
555,963
1,021,138
4.8314® 4.84
4.82%®4.83%
4.81%®4.82%
4.85%®4.86,
4.81
4.83
5.1938®5.10%
.
3978®
40
94%®
943*®
94%®
94%®
95
95
Banks—The following are
series of weeks past:
Loans.
f
124.485.100
123,879,400
123.520.100
123,932,500
$
5.17%®5.14^8
5.17%®5.14^8
40*6®
9538®
95*8®
953s®
953g®
95
95
40%
95^8
95^8
95>
95 °8
the totals of the Boston
Specie. L. Tenders. Deposits. Circulation. Agg. Clear
$
t
%
5,265,300
48.357.900 25,539,500
46,277,043
4,767,400
3,766,403
48,823,209 25,453,200
42,539,787
3,857,600
4,119,100
43,634,818
49.336.900 25,099.400
3,959,£00
4, .60,200
48,893,^00 25,373,100 87,395,431
3,44^000
Philadelphia banks
\
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
57,741,781
57,480,896
$
$
2.082,583 11,531,781
2.063,914 11,574,516
2,000,725 11,679,804
44,154,801 11,123,083
48,987,692 11,125,980
44,189,418 11,109,0*0
57,106,350
2,002,175 12,231,928
43,830,408 11,088,797
6.
5^.125,807
May 13.
May 20.
May 27.
®4.84a
5.17%®5.14%
a
Loans.
1878.
®4.85j*
4.831s® 4.84*2
®4.82
Philadelphia. Banks.—The totals of the
follows:
t
:
May
4.85
5.1938®5.1614
5.193e®5.1-6V
are as
l,4i8,350
409,088
.
days.
%
$
S
80,507,640
24.046.409
82.781,584
80,128,223
June 1,
Z
CHRONICLE
18*78..!
—:—
.
-r-i'-Tr-r—v'»..—following statement shows the
.
BOSTON, PHILADELPHIA, Etc.-Conttnued.
¥ork City Banks.—The
Kew
week
conation of the Associated Banks of New York City for the
ending at the commencement of business on May 25, 1878 :
-AVERAGE AMOUNT OT
$
$
$
8,810,800 2,893,000 1,792,200
781,400 1,051,100
5,409.803
7.767,500 1,018,400 1,809,80)
439 OCO
701.800
5,935,900
567.500
409.100
3.820, JJ00
8,386,703 1,361,OCO 1,178,803
3)*,000
150,000
2,321,030
3,000,OCO
Manhattan Co.... 2,(50,000
Merchants’
3,000,000
Mechanics'....... 2,000.000
Union
1,200,000
America
3,000,000
Phmoix
1,030,000
City
1,000 003
New
York
4,917,800 1,435,100 8,389,0c 0
190 090
8,193,10) \ 322 000
633.700
277.100
1,4*4 530
9,585,3 0 1,022,100 1.855,800
363.800
315,000
3.324.100
510,8 0
303,000
3.765.600
168,000
85,000
1,388.000
215.0)0
40,003
1,406.000
1/00,000
Trad smeii’s
Pulton
Chemical..
..
Merchants’Exch.
Gallatin National
Batchers’ ADrov.
Mechanics’ & Tr
Greenwich .. ..
600.000
300 000
1,000,000
1*500,030
500/00
B'Kl.OOO
200/00
'
2.210.500
421,103
961,000
Seventh Ward..
300,OC0
State of N. York.
600,000 1,492,703
American Exch.. 5,000,000 11,155/WO
Commerce
5,000,000 13.138.800
132.400
183.900
638,00*)
821,800
51,10)
Pacific
1,000,000
1,000,000
422,700
Republic
1,500,000
Broadway
Mercantile
4.598.100
North America..
700,000
Hanover
1/03,000
500,000
Irving
Metropolitan.
.
3.000,000
Citz ms’
600,003
Nassau.
1,0)0,000
Market
1/00,000
1,000,0 >0
St. Nicho’as
Shoe and weather 1,000/0)
Com Exchange . 1,003,000
..
Marine..
577,5 k)
3.820.100
3,6*8,800
1,253,590
2,092,600
15/67,900
Importera’&Trad 1,500,000
Park...
2,O0O,OHO 11,243,3)0
6*8,400
Mech. Bkg. Ass’n
500.003
.
540,500
794,430
7 IK, 100
800,000
240,000
850,000
Grocers’
North River
East River
Manuf’rs’ & Mer.
...
87,000
302,800
7.4.600
3
300,000
403,000
...
129,403
212,600
13.600
2.014*03
1,250.000
..
18/03
1,208,409
1.505.600
4,990,200
2,005.800
1 .‘,6('7.003
1,707,400
1.880.600
2,468,900
412,503
People’s
2/23,000
3,081,60)
2.729.800
450,000
Chatham
3,100,300
591.900
100.000
372.800
Fourtft National. 3,5 0,000
12,441,000
6,781,000
2/30,0<;0
Central National. 2,003,0C0
Second National.
303,(00
Ninth National..
753/00
500,000
Fir -t Nation al...
Third National.. 1,000,000
800,000
N. Y. Nat. Exch.
Bowery National.
250,003
New York County
2 0,€03
750,000
German Amerie’n
3.311 400
8,434,000
5.375.800
1.104.500
1,07 ‘,200
1,052,100
1,879.800
346.300
122.500
482.100
1,723,OCO
2,312,300
491.800
287.300
540,10)’
41SOOO
560,30)
173.700
231,000
849.800
415.400
8H.090
1,4 9.030
96 5 K)
47,900
417.530
347,003
109.400
400.530
81,K0
264,500
164’800
426,000
105.700
3 16.CO)
Old Colony
Portland Saco ft Portsmouth
rtatiand, common..
$
40,000
8.990.900
4,518.200
7,163,3 0
4.838.800
2.919.800
6,668,100
2,020,0 0
6,226,100
7,500
107,700
171,400
135,000
1,100
245/0)
1,891.500
#80,800
1.465.800
9.494.900
2.549.800
2 164,200
618,300
855,800
999.COO
990,000
1/41,3)0
916,700
194,000
2,700
26‘\600
55,700
1.464,000
45.000
1/68,900
450*666
397,000
5,400
1.247,10)
4,59 i, 800
443,ICO
following
The
are
79,100
1.979,200
t, 979.000 2,207,000
231,60)
1,808.300
3,900
1,724,600
309,800
1,654 400
h20,930
493.600
2.478,800
472.600
4,700
1,917,80.)
2,731,500
731.600
1,089 900
1,914,000
318,666
17.222.300 1,113.200
54 1/00
12/94,700
460/0)
306,400
493.700
239.936.300
236.981,200
238.404.300
241,275,50')
$
*
S
195.896.400
194.842.500
197,711,800
18.676.700
19.293.900
19.657.800
426,935.792
412,404,646
334,336,660
Feb. 2..
Feb. 9..
Feb. 16.
Feb. 23.
Mar. 3..
Mar. 9..
Mar. 16.
Mar. 23.
Mar. 30.
243/57,800
242.859.900
241,659,103
246.456.200
246,320,800
242,978,90)
241,566,703
241.590.900
Apr. 6... 240,649,100
Apr. 13. 236,018,400
Apr. 20.. 232.118.400
Apr. 27. 230,801,500
May 4.. 229.936.400
May 11.
May 18.
May 25.
232,030,700
233,122,600
233.997.200
34,804,000 203,666,000
37.189.300 205.972.300
30.193.600 37,231,203 207,171,200
,31,230,000 37.362.200 210,301,700
32,146,900 34,877,000 211.713,00)
33,011/00 34,845,600 212,132,000
82.319.400 33,978,000 210,891,600
33.326.400 33.137.900 213.933.400
37.116.900 30.655.900 215,155,900
89.545.900 80.326.200 215,085,100
39.687.500 29,605,700 211.938.500
38,767,600 29,425,400 210.378.400
36,620,700 26,637,000 201/63,200
35.486.900 28/66,100 201,926,600.
35.935.900 82,186,000 202,053,400
3 *,585,100 34,933,800 200,875,000
30,051,900 38.435.300 199,074,000
27.469.500 33/12,000 201,038,000
23,030,200 41,020,100 199,686,100
19,827,100 44,023,900 198.985.300
27,093,200
28.477.500
Bid. Ask.
19.787.100 412,729,867
19.861.600 403,812,618
19.841.800 4i>8,472.874
19,798,10) 378,019,773
19.761.300 340,214,147
19.687.100 344,105,462
19.731.200 343,070,324
19.806.900 289.487,491
19,838,500 400,609,630
19.885.100 377.110,111
19.910.700 401,592,977
19.906.800 373,731/72
19.912.300 859,353,328
19.944.600 441,442,055
19.959.200 881,415,325
19,982,400 426, ISO,360
20,021,800 419.201,399
19.998.300 439,525,545
20,033,100 861,572,687
20,012,300 382,688,684
20.005,800 351,364,165
U2* M3
Old Colony,7s
do
6s
iiok
Omaha ft S. Western, 8s ....
Pueblo ft Ark. Valley, 7s
95*
Rutland Sa.lst mort
Verin’tC. 1st m., 7s.
Vermont ft Canada, new 8s..
Vermont ft Mass. KK., 6s ....
BOSTON.
Maine 6s
New Hampshire 6s
...
Vermont es
Massachusetts 5s, gold
Boston 6s, currency.........
•
•
•
.do
5s, gold
Chicago sewerage 7s.
do
Municipal 7s..
103
•
„
•
•••
sit
•
•
•
Atchi-on ft
Topeka 1st m.7s
land grant!
do
do
2d 7s
land Inc. 8s.
6s,,
do
ioifc
114*
Boston ft Albany......
Boston ft Lowell
Boston ft Maine
102*
99*
99*
i
74
Neb. 8s, 1883
•••-.
11L
Karn
_
7s...,
City Top. ft W., 7s, 1st
—.*2
.i,
7s* tac-
'VM
103*
103*
Cheshire preferred
Cin. Sandusky ft Clev....
Concord..
1 Connecticut River
Conn, ft Passnmpslc
•
..
*
•
3*
in* 1
108* 109
'•
ioo*
+■* s
134
130
730'
,
d°
..
76
103
103
28
97*
Too
‘
121*
115
—v
•
’Neb. 8s, 1894.!
27*
Topeka
100
....
85
02H '63
12* 12*
87*
Norwich ft Worcester
1 • • •
ao*
105*
ids
114
1U
115
115
ibi*
*
-6s P. B./96
%
CANAL BONDS.
2d
m.
#
.
32
2>*
40*
....
pref.
do
1900, J.&J
do
1902, J. ft J
Norfolk water, 8s
Norristown
Northern Pacific, pref
North Pennsylvania
94
95
33
10*
17
34
t
Pennsylvania
29*
8
7*
Philadelphia ft Erie.
Pnlladelphla ft Read ng...... 14H 14*
125
121*
Philadelphia ft Trenton
Phila.Wllmlng. ft Baltimore.
‘''S'* "5*
Pittsburg Tltusv. ft Bull
123
United N. J. Companies
*22*
West Chester consol, pref....
23
West Jersey
.'
CANAL STOCKS.
Chesapeake ft Delaware
Delaware Division
Lehigh Navigation
"Wi j'09i
Morns
do
pref
120
50
-LI*
pref...
"O* "0*
Susquehanna
108
..
7s, E. ext.,191( t-0*
24
Inc. 7s, end.. ’94
Belvldere Dela. )st m.,6s,con 108
too
do
6s.
2dm.
’d>..
do
3im. 6s/37.. 93*
Camden ftAmboy 6s,coup/83 102*
do
6s, coup., ’89
mort. 6s, *89. ... 1^
do
Cam. ft Atl. 1st m. 7s, g., 19)3 108
do
21 m. ,7s, cur., ’80 100*
Cam. ft Burlington Co. 6s,*97. LOO
Catawlssa 1st, 7s, conv., ’82...
>.-•
do
chat, m., 10s, ’88 .
105
do
new 7s, 1900
103
Connecting 6s, 1900-1904
Dan. H.ft Wilks., 1st.,7s, ’37*.
Delaware mort., 6s, various.. 10 i
Del. ft Bound Br., 1st, 7s. 1906 91
103*
East Penn. 1st mort. 7s, *88
El.ft W’msport, 1st m„ 7s, ’80. 105
do
l8tm„ 58,perp.
do
do
’
.
Harrisburg 1st mort. 6s, ‘81.
H. ft B. T. 1st m. 7s, g aid, ’90. 1'j5
do
2d m. 78, gold, ’95.
do
3dm. cons. 7s, ’95*. "20
Ithaca* Athens 1st g d, 7..,
104
Junction 1st mort. 8s ’82
101
do
2d mort. 6s, 19J0
L. Sup. ft Miss., 1st m., 7s g.*
lio
Lehigh Valley, 6s, coup., 1898. 112
do ’
68, reg., 1893...
do
7s, reg., 1910... 114
.
.
,
100
do
do
108*
108
113
111
U2*
Par.
50
50
50
Central Ohio
ibnrg ft Connellsvllle..5G
RAILROAD
BONDS.
Balt, ft Ohio 6s, 1880, J.&J....
do
6s, 1885, A.ftO.
N. W. Va. 3d m..guar.,’85,J&J
Pittsb.ft ConneliBV.#8/98,J&J
Northern Central 6s, ’85, JftJ
do
6s. 1900. A.ftO.
do 6s, gld, 1900, J.ftJ.
Cen. Ohio 6s, 1st m.,’90,M.& S.
W. Md. 6s. 1st m., gr .,’90,J.&J.
do
1st m., 1820, J. ft J...
do
2dm.,guar., J.ft J....
do
21 m., pref
do 2d m.,gr. by W.Co.J&J
do 6s. 3d in., gnar., J.ft J.
Mar. ft Cin. 7s, *92, F. & A ...
do
2d, M. ft N
do
8s,3d, J.ft J......
Union RR. 1st, gnar., J. ft J..
do
Can on endorsed.
.
103
104
'92*
105
lfO
95
b7
100
108
93
108
50
104
110
82
29*
12*
102*
20
107
101*
94*
103^
ids*
101
scrip....
do
Pennsylvania, 1st in., cp./80..
do
gen. m. 6s, cp., 1910
do
sren. m. 6s, rg., 1910,
do
cons.m. 6j, rg., 1905
do
cons. m. 6s. cp., 1905.
do
Navy yard 6s, reg.
Perklomen 1st m. 8s, coup., V
Phils, ft Erie 1st m.6s, cp./8t
do
2d m. 7s,cp.,’S8.
Phlla. ft Read. 1st m.6s, ’43-’44.
95
97
SI* 100*
89
100
*40*
no
*
•••
114*
97*
\7...
2d m. 7s, ’84.
3d m. 7s, ’88.
do
do
Dayton ft West. 1st m./8)...t
do
1st m., 1905
do
1st m. 6s, ‘.905
.
Ind. Cin. ft Laf. 1st m. 7s
do
(I.&C.) l8tm.7sf’83
Little Miami 6a, ’S3
Cin. Ham. ft Dayton stock...
Columbus ft Xeula stock
Dayton ft Michigan stock....
8. p.c. st’k, guar
do
Little Miami stock
LOUISVILLE.
Louisville 7s.
85
87*
..t 100
109
1)2
6a,’82 to *87
+ 9;*
68/97 to ’98
* 97*
97*
water 6a/87 to *89
io*4*
water stock
48
ii*4
100^
m
109*
108
109*
92
94
«2*
....
idi
100
103*
104
ill
•
2d m.7s,
do
107
41
»
7s,’85..
2dm.
do
wharf 6s
83* 84*
113*
104
110
70
93
2dm., 78, rp .’93
In default of interest.
100
105
108
••*
•
M8-.49.
do
deben., cp„ ’93*
do
do
cp. off.,
do
scrip, 1832.
do
In. m.7s, cp,1896
do cons. m. 7s, cp./9i!..
do cons. m. 7s, rg.,1911..
do co s.m.fe,g.1.1911....
do conv.7s,rg.&cp.!89S<
do
7s, coup, off, ’93
do scrip, 18S2
Phlla.ft Read. C.& L deb. 7s,«2
do deb.7s.coup. off....
do scrip, 1382
CINCINNATI.
Cincinnati 6s
t 95
do
7s
t 103
do
i’SOs..
+ 106
do
South. RR. 7*30s.t
do
do
6s, gold t
Hamilton Co., O., 6s. long., .t 95
do
7s, lto5yrs..t 100
do
7 ft 7*S0s, long/ 104
Cln.ft Cov. Bridge st’k, pref. eo
ids*
.
do
15*
ICO* 101*
|08*
2dm.7s,cp..‘96. 111
gen. m. 7s, cp., 1908
104
gen. m. 7s, reg., 190^
Baltimore Gas certificates...
87*
104*
Oil Creek 1st m. 7s, coup.,’8 J.
•
109
110
109* 109*
MISCELLANEOUS.
RAILROAD BONDS.
Allegheny Vai., 7 3-10s, 139s
-
ill*
109
Balt, ft Ohio
100
do
Wash. Branch. 100
do
Parkersb’g Br. .50
Neaquehoning Valley
do
1C9
109
BAILBOAD STOCKS.
...
41* Northern Central
4H*
Western Maryland
40!.
do
55
6s,exempt/9S,M.&8.
ao
20
liinehlll
do
do
do
6s, 190
6s, exempt, 1887 ...
do
6», 1890, quarterly..
do
5s, quarterly
Ba’tlmore 6a, 1 S31, Quarterly.
24
do
6s, 1856, J.&J
9
do
6s, 189J, quarterly...
34*
do
6s, park, 1890, Q.—M.
30
do
6s, 1893, M. ft S ....
d?*
•
89*
BALTIMORE.
41*
40*
45*
do
’
-
90
do
Lehigh Valley
Little Schuylkill
-
•
Pennsylvania 6s, coup., 1910..
1
37
Pennsylvania
Schuylkill Navigation
75
'V
Maryland 6s, defense, J.ft J..
Lancaster.
Huntingdon ft Broad Top...
do
73
do
co-v.g., ng.,’94
do
gold,’97....
do cons. m.7s, rg.,19ll
Morris. boat loan, reg., 1885..
spec’ltax6a
102* 103*
*43
55
25
20*
—
100
Leb. Br. 6s/86
+
1st ra. JLeb. llr. Ex.,7s,’80-85.t
Lou.In.
do
6s, ’*3...+
Consol. 1st m. 7a, *98
Jefferson Mad. ft Ind stock.
Louisville ft Nashville stock. 37*
LOUIS.
St, Louis 6s, lore....
t 101* 109*
105
do
water 6s, gold.. ...f 104
do
do
new.t 103*
do
do
f.6st
bridge appr., g.6s
1103*
do
renewal, gold, 6s.t 103*
ao
sewer, g. 6s, *9i-2-3.t 108*
103* 105 '
cur.
7s
.
t
42*
23
20
.
102*
;
dp_
*\\\
97*
97*
97*
.
ST.
iod* i025<
6s/97.t
...
100
Loui-vtlle Water 63,
M.&l.lstm. (Ift
do
2d m., 7s
do
1st m., 78,1906....+
Louiav. C & Lex. 1st m. 7s,*97.
ex pa^t-due c oupons.
t
Louis.* Fr’k.,Loul8V.ln,68,*8i
Loulsv. ft Nashville—
38
P •
130
36*
do
do
do
do
Har. P. Mt. Joy ft
do
West Jersey 6s, deb,, qoup.,*8S
do
1st m. 6s, cp., *96. 105
do
1st m/to. *97
99*
Western Penn. KR. 6a, ’.893...
103* Schuylkill Nav. 1st m.6a, ’97.
27
pref..
do
do
75
6s, boat ft car, 1913
7s, boat ft ear. 19 5
Susquehanna 6a, coup., 19.8 .*
Williamsport.......
Elmira ft
95
Lehigh Navigation 6s, reg.,*84 103* 103*
do
BR., rg.,*9‘. 103
*85
63
ftR.. m.7s, reg.ft cp..’92-3
%. Wllm. ft Balt. 68/84...,
Pitts. Cin. ft St. Louis 78,1900
Shamokin V.ft Pottsv.7s, 1901
Steubenv. ft Ind. 1st, 6s, 1884.
Stony Creek 1st m. 7s .907...
Sunburv ft Erie 1st m. 7s, *71..
Union* Tltusv. 1st m. 7s, ’90.
United N. J. cons. m. 6s, 94.■*
Warren ft F. lstm.7s, ’95.....
West Chester cons. 7s, *91....
Chesap. ft Dela 6s, reg., *88..
Delaware Division 6s, cp.,’78
•••#
do
pref
do
new pref
Delaware ft Bound Brook....
East Pennsylvania.
~
STOCKS.
••
Portland 6s
Atch. &
do
Bid. Ask.
SECURITIES.
reg
C linden ft Atlantic
do
do
pref
Calawlssa
QUOTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES.
SECURITIES.
6s. ole
do
•
«.
239,256,400 25.207.500 34,612,000 201.981.500
Penna. 5s, g’d, mt ,reg. or cp.
do' 5s, cur.,reg
do
ni*
5s, new, reg., 1892-1902 in
do
6s, 10-15, reg., l<77-’82. 100* 100*
do
6s, 15-85. reg., 1882-’92. 113* 113*
RAILROAD STOCKS.
I Tenders. Deposits. Circulation. Agg. Clear,
$
32
Delaware6s,coupon.. ......
Harrisburg City 6s. coupon..
.......
237,504,000 19,566,800 37,562,90)
239,764,20) 19.674.600 31,067,500
239,173,900 22,122,400 35,300,500
111*
30
state and city bonds.
7s, itr.lmp., reg.,’38-36*
6s, reg. and coup...
do
exempt, rg. ft coup.
Camden County 6s, coup
Camden City 69, coupon .....
do
7s, reg. ft coup
3,000,8)0
the totals for a series of weeks p\3t:
$
1877.
Dec. 15.
Dec. 22.
Dec. 29.
1878.
Jan. 5..
Jan. 12.
Jam 19.
Jan. 26.
iii*
,
no
24,6)0
70>,2:0
190,00)
25.500
343,00)
115,000
941,100 3,C33,< '00
780.700 2,549,500
105,6)0
27.500
124/0)
1,300
754,5)0
202,403
21/00
9 >,200
70.4C0
562.700
84,000
3,930
447,tro
119.500
432 700 2,504,000 10.270.300 1,045,60')
226,000 1,468,000 5,742,003 1,411,030
510,000 2,065,000
270,0.0
58.900
577.400 2,824 400
<00,000
450,0(0
1,033,930 1,355,8 »0 7,986,0)0
792 OCO
279,300 1,055,600 5/31.600
268.100
717,100
30,800
180.100
223.000
7 600
803/00
221,000
180,0v0
321,800 1,183,70)
39',203 1,769,4)0
119,700
$
•
8
N. Jersey
.
Specie.
Loans.
»> •
■'*7
PHILADELPHIA.
Allegheny City 7s, res
Pittsburg 4s, coup., 1913
do
5s, reg. ft cp., 1913
do -. 6s, gold, reg
do
7s, w’t’r ln,rg. &c ».
211.0C0
7,723,000
7.013,200 1,931,20)
2,807,20)
890.600
2,571,2:0
180/0)
2,023,800
2,625,4(0
1,071,00)
85
Bid. Aik.
SECURITIES.
103
103*
• • •
*
Allegheny County 5i, coup...
65/25.2)0 233,997,203 19,827,100 44,023,900 198,985,300 20,005,8)0
The deviations from returns of previous week are as follows :
Dec. $7CO,8C0
Loans
Inc. $874,600 Net deposits
Dec.
6,500
Specie
Dec. 3,200,100 Circulation
Inc
Vermont ft Massachusetts ..
Worcester ft Nashua
Phlladelpnla, 5s res
Total
Lugal tenders
do
preferred
Vermont ft Canada
295,000
849,6C0
219,200
930.800
600/00
Leather Manuf’rs
Continental
Oriental
tion.
Capital. ^Discounts. Specie. Tenders. Deposits.
Banks.
Ogdensb.&L.Champl’n,pref.. 102*
102
Circula¬
Net
Legal
Loanb aud
Bid. Ask.
SECURITIES.
t And interest.
47*
25
22*
QUOTATIONS OF STOCKS AND ‘ BONDS IN NEW YORK.
U. 8. Bondi and active Railroad Stocks are quoted on a prtviouspaje.
STATE
Bid. Ask.
uouxmzs.
43
43
43
43
Alioama 5s, 1883
do
5c, 1886.
do
8s, 1888* ..««;•««*•
do
8s, 1888
do
8s, M. A E. RB..
do
8c, Ale. St Ch. R.
8c of 1892
do
8s of 1898
Jo
Arkansas 6s,f onded
do ?s, L. R. A Ft. 8. lss
do Is Memphis A L.R.
«•••
•
21
21
25
5
5
5
5
5
108
100
7s, L. R.F. B. A N.O
7s, Miss. O. A R. B.
7s, Ark. Cent. KR...
Connecticut 6s
Georgia 6s................»
7s, new bonds.,.,
do
do
7s, endorsed. ...
do
7s, gold bonds...
Illinois 6s, coupon, 1879...
war loan
do
„
•
•
•
•
•
•
•
•
•
•
•
•
-
*
-
-
•
•
•
•
do
do
do
do
do
109
108
!07%
•
•
102
102
104
Kentucky 6s
0
1838.
1889 or *90....
...
do
Asylum or Un.,due
• •
©
Railroad Stocks.
Erie, 1st
84
32
!?*
Central Pacific
78
100
28
SO
..
do
pref,
Cleve. Col. Cln. A I..
Cleve. A Pittsburg, guar.
CoL Chic. A I. Cent
4
62
...
Dnbnque A Sioux City.
Erie pref..........
Harlem
Joliet A Chicago
...
•
•
.
•
Long Island
18*
&
RtiicePous Stocks
23
22%
19
• • •
•
15%
17
30
23
do
guar. ..
Bur. C. R A North., 1st 5s.
Minn.A St.L.,lst 7s gua
Chesa. A Ohio is, 1st in..
Ho
*
36%
12
72%
$80
31%
•
33
• •
116
Income $104
Joliet A Chicago,1st m. $110
La. A Mo., 1st m., guar.. $97
8t.LuJack.A Chic.,1st m. 105
Chicago A Alton 1st mort.
118
do
6s, 1917, reglst’d
109
114
Central of N. J., 1st m., n
do
do
1st consol
do
do
bssented.
83
do
do
conv..
80
do
do
assented.
• • •
Lehigh A W. B. con.guar
mort.,
do
do
do
do
7s, reg...
North Missouri, 1st mort
Ohio A Miss., consol, sink. fd.
do
consolidated....
do
2d
do
1st
49
109%
111%
ll3%
110
a •
Beni. A Saratoga, Istcp
do
1st reg
198
Spring, dlv..
}lf
114%
Erie, 1st mort.. extended. 112%
*
109%
•
•••
$....
Price nominal
107
107%
98
no
115
101
99
110
110
104
99
111%
112
107
109
i‘09%
110
•
s • •
40
•
•••
104
45
103
110%
111
73%
93
77
75
07
78
72%
Central Pacific, 7s, conv
103
Central of Iowa lstm. 7s, gold. 32
35
Keokuk A St. Paul 8s ...| ry.-t 100% 101%
A Bur. 8s
110% Carthage
Dixon Peoria A Han. 8s.
104
O. O. A Fox R. Valley 8s
101
Suincy
linois Grand
A Warsaw
8s.... f|
Trunk....
„
*f 110
t
Chicago A Iowa R. 8s... j
111
109
109
110%
110%
62
15
55
15
IIH
Chic. A Can. South 1st m. g. 7s.
Chic. A East. Ill. 1st mort., 6s.
do
.2d m. inc. 7s.
Chic A Mien. L. Sh. 1st 8s, *89. t75
Chic. A S’thwestern 7i, guar.. 03
Lafayette A Chic., 1st m..
Col. A Hock V. 1st 7s, 30 years,
do
1st 7s, 10 year?*
do
2d 7a, 20 years;.
Connecticut Valley 7s
do
59
20
75
104
100
70
102
98
90
46
50
21
80
4£%
08
1. g. <8.
do
do
1st Caron’t B
m....
Mo„ 1st
na%
89%
Waco......
consol, bds..
Indianapolis A St. Louis 1st 7s
Indlanap. A Vlncen. 1st7s, gr..
International (.Texas) !stg...
Int. H. A G. N. conv. 8s
Iowa Falls A Sioux C. 1st 7s...
Jackson Lans. A Sag. Ss.lstmt
Kal. Allegan. A G. R. 8s, gr...
Kalamazoo A South H. 8s, gr..
Kansas City A Cameron 10s...
Kansas Pac. 7s, g.,ext. MAN.*99
do 7s, g.. I’d gr.nlAJ,*80
do 7s, g.,
do MAS,*86
do 6s, gold, J.AD., 1896
do 6s, do F.A A., 1895.
do 7s, Leaven, br., *96..
do Incomes, No. u.
do
do
No. 16
do
Stock
Keokuk A Des Moines 1st 7s...
do
funded int. 8s
Long Island RR., let mort
78
105
65
65
*95
81%
50
45
83
70
75
81%
68%
65
70%
58
25
91
105
t80
102%
08
100%
ioi%
70
100
40
g*
35
101
10 2
37
17
17
101%
l$*
18
18
JH
60
«!*
65
97
99
Lonisv. A Nashv. cons. m. 7s. 103% 104
do
87%
2dm..7s,g..
104
Michigan Air Line 8s, 1890....t 103
45
Montclair A G. L.ist 7s
30
do adm. Vs
7
Mo. K.A Tex. 1st 7s, g., 1904~*06 43% 44
do
2dm. income...
N. J. Midland 1st 7s, gold
22%
N. Y. Elevated RR., 1st m
80
N. Y. AOsw.MId. 1st....
6
*4
84
do recelv’s ctfs.(labor) 27
do
20
do
25
(other)
25
North. Pac. 1st m. gld. 7 3-lOi.. 22
111
Omaha A Southwestern RR. 8s 110
Oswego A Rome 7s, guar
Peoria Pekin A J. 1st mort
Pullman Palace Car Co.jstock. 74
75
do
93
bds., 8s, 4th series
8t. L. A L Mt. (Ark. Br.) 7s, g.
70
St. L. A San F., 2d m., class a. 45
48
do
do
class B. 22% 23
do
do
class C. 20
St. L.ASo*east. cons.7s,gold,’94 25
St. Louis Vandalia A T. H. 1st. 101
$05
do
75
106%
2d, guar 70
111
95
Sandusky Mans. A Newark 7s. 85
03
South Side, L. I., 1st m. bonds. S5
do
sink. fond... 30
35
102%
106
South. Cent, of N. Y. 7s, guar. 85
50
102% Southern Minn. 1st mort. 8s... 68
108
do
78. 1st
>•••
—
30
7s, water
...t
7s, river improvem*t 1101
..t 106
t And accrued interest.
*46
4%
82%
registered
82%
Dan. So. A Det. 1st
7s, g.
Union A Logansport 7s
Union Pacific, So. branch, 6s,g
West Wisconsin 7s, gold
!*
*
♦ » •
58%
60
44
45
56
Southern Securities.
(Brokers' Quotations.)
STATES.
Alabama
do
do
new
consols, Class A
Class B
Class C
do
do
S. Carolina con. 6s
72% 73%
44% 45
101
84
sort)... 05
101
M.ASt
Georgia 6s, 1878-*89
101%
87
do rejected (best
72
Texas 6s, 1892
103
do 7s, gold, 1892-1910. J.AJ t 110% 111%
do 7s, gold. 1904...J.AJ...t 111% 113
do 10s,pension, 1894.. J.AJt 102% 103%
(good nos.)
CITIES.
Atlanta, Ga., 7s
8s
do
do
97
104
103
100
98
95
01
102
waterworks....
Augusta, Ga., Ts, bonds
Charleston stock 6s
do
bonds A A B
do
end., M. A C. RR
Mobile 5s (coups, on)
do
8s
do
(coups, on)
6s, funded
70
80
35
35
35
45
45
45
20
20
40
85
Montgomery, new 5s
do
*» • a
new 3s
•
do
6s, new
New Orleans prem. 5s
consol. 6s..
do
do
railroad, 63..
do
wharf lmp’ts,
Norfolk 6s
....
...
7-70
Petersburg 6s
•••
80
80
33
30
90
36
88
&
93
104
105
90
34
40
98
do
8s
Richmond 6s
Savannah7s, old.
do
7s, new
Wilm*ton, N.C., 6s, gold) coup
..
8s, gold > on.
RAILROADS.
Ala. A Chatt. 1st m. 8s, end....
do Rec’ver’s Cert’s (var .Nos)
Atlantic A Golf, consol
102%
......
.......
..
Macon A Augusta bonds.
do
2d endorsed.
do
stock
57
•
75
• •
•
85
7%
9
60
00
20
83
40
35
106
60
74
•
•
•*
88
94
90
101
50
1C9
97
60
70
8*
6s
stock
Greenville A Col. 7s, 1st mort.
do
7s. gnar.
*57
5j
£0
do
end. Savan’h.
Carolina Central 1st m. 6s, g... 80
Central Georgia consol, m. 7s. 105
stock
55
do
Charlotte Col. A A. 1st M. 7s.. 70
104
Cheraw A Darlington 8s.
East Tenn. A Georgia 6s.
85
East Tenn. A Va. 6s end. Tenn 85
E. Tenn. Va. A Ga. 1st m. 7s...
do
do
stock
1C7
Georgia RR.7s
do
do
!
98
63
79
97%
...
do
7s, equip...
ex
29
small...
Nashville 6s, old
Evansville A Crawfordsv., 7s.. 101
Evansville Hen. A Nashv. 7s...
Evansville, T. H. A Chic. 7s. g. •55
Flint A Fere M. 8s,Land grant. •80
Fort W., Jackson A Sag. 8s, *89
Grand R.A Ind. 1st 7s, Lg., gn. 90
do
1st 18,1. g.,notgu. 79
1st
50% 60*
Charleston, 8. C., 7s, F. L. bds.
Columbus, Ga., 7s, bonds
Lvnchbnrg6s
2f 100% 101% Maeon bonds, 7s
102
Memphis bonde C
Cln.
Income, 7s.
Chicago6s,long dates.......A
do
7s, sewerage
A
do
76
78
Atchleon A P. Peak, 6s, gold.. 40
Boston A N. Y. Air Line, 1st m 102
Bur. A Mo. Riv., land m. 7s...f 110
do
convert. 8s. var. ser. 110
do
Pitts. Ft. W. A Chic., Istm..
do
do
2dm.
do
do
Sd m.
Cleve. A Pitts., consol., s.f.
do
4th mort....
Col. Chic. A Ind. C., 1st mort
do
do
2d mort
Rome Watert’n A Og., con. 1st
St. L. A Iron Mountain, 1st m.
do
do
2d m..
St. L. Alton A T. H.,lat mort.$
do
2d mort.,pref..
do
2d mort. lnc’me
Belleville A S. I1I.R. 1st m. 8s
Tol. Peoria A Warsaw, E. D...
do
do
W. D..
do
do Bur. Dlv.
do
do 2d mort..
^
111% Tol.
f
6s, 2am. g.
J*
35
23
23
25
78
...,
do
do
107
Newark City 7s long
,..t i()6
112
do
Water Is, long..
Fulton, lBt 7s, gold...
SO
BONDS.
7s......+ llo
+ 70
do
1885-93
+ 72
104
Hartford 6s, various...
Indianapolis 7-30s
t 105
Oswego 7s
Poughkeepsie Water
'
• ■-
•
••••
42
42
90
....
• •• •
3
worKs
Long iBland City
80
90
6s, new bonds, 1866
6s,
1867
do
6s, consol, bonds
6s, ex matured coup.....
6c, consol., 2d series..
6s, deferred bonds
District of Columbia3-65s, 914
.
H:
*
Y.rginla6s,old
»• a
Elizabeth City, 1880-1S03
do
2d mort
Cleveland 7s, long
AND
.
.
m*
Non-f amiable bonds* *.!*!!!!!
T snnessee 6s, old
do
6s, new
do
6s. new series
•
-•••
2
2
100
STOCKS
•
Grand River Valley 8s, 1st m*. m
100
Houston A Gt. North. 1st 7s, g. 55
58%
Hons. A Texas C. 1st7s, gold.. 90
do
West, dlv
31% *83
Albany,N. Y., 6s, long..
Buffalo Water, long
ii®*
2%
Ohio 6s. 1881
•
....
Special tax, Class 1
Class 2
Class 8
*
18
8
8
.
•
• •
8%
Canada Southern, 1st m. coup.
^
d®
«
Ask.
109
April A Oct
Funding act, 1866
Land CM 1339, J.AJ
Land0.1889,A.& O.........
•••
•
do
1868
^ew bonds, J.AJ......
do
A. AO...
California Pac. RR., 7s, gold..
108%
CITIES.
113
• • •
Connecticut Western 1st7s....
Dan. Urb. Bl. A P. 1st m. 7s, g.
Denver Pac., 1st m.7s, ld.gr.^. 45
106% Denver
A Rio Grande 7s, gold. •66%
Des Moines A Ft. Dodge 1st 7s. 10
Detroit A Bay City 8s, end.. .*t 70
59
Erie A Pittsburgh 1st 7s
99
do
con. m.. 7s..
83
s
96
..
Cairo A
120%
120% 121
t'120
.
^
• • •
•
17
17
70
70
50
50
9
....
do
do
Ohio 6s, 1886
R lode island 6s
S mth Carolina 6s.
Jan. A July..
e
RAILROADS.
110
103%
ess
•
•
iso
Rochester C. Water bds., 1
Toledo 8s. 1889-*94
Toledo 1-308.
Yonkers Water, due 1903
107%
103%
•
do 1st cons. frua>
94
03%
10<^
-
104
no
•
,„.dOta reg.7s, 1894 $100
Albany A Susq. 1st bds. Ill
do
2d do
101%
do
3d do
$00
105
105
107
104
.
Srr. Bingh. A N.Y. ut.ls
...
North Carolina—
6s, Old. J. A J.......
do
A. A O...........
N.C.KB
J.AJ....
do
..A. A O....
do coup, off, J. A J..
do
do
off, A. A O.
Detroit Water
Pacific Railroads—
Central Pacific gold bonds..
do San Joaquin branch
do Cal. A Oregon 1st
do State Aid bonds
do Land Grant bonds..
Western Pacific bonds....$
Southern Pac. of Cal., 1st m.
Union Pacific, 1st mort. b’ds
do
Land grants, 7s.
do
Sinking fond...
Pacific R. of Mo., 1st mort...
do
do
do
South Pac. of
Penn. HR—
..
.
....
103%
do
do
do
assented.
Am. Dock A Imp. bonds
51
do
50
do
assented.
CbJM 11. A StJP.i st m .88 j*.D 20% 121
do
2d m. 7 S-lO, do 106
107%
do
lst7s, fg.,KJ> 106% $..,
do
lstm.,LaC.D 109% Ill
do
1st m.,I.A M.D 105% $106
do
1st mM I. A D. 1102
do
1st m.,H. A D 102
do
1st m.. C. A M. 108
do
consol.slnk.Id
'02%
do
2d m
Chic. A N. West. sink, fd. 109
do
Int. bonds, 106
do
consol, bds 110
do
ext’nbds..
do
do
consol. 7s
do
1st mort.. 109H
Tol. A Wabash, 1st m. extend,
do
cp.gld.bds. 108% 103
do
ex coupon.....
do
reg. do $ 102% 102%
do
Istm.St.L. dlv
Iowa Midland, :st m. 8s.
do
ex-mat
a red coup.
Galena A Chicago Ext
06%
do
mort
2d
Peninsula 1st m., conv. 112
do Ex A Nov.,*77, coup,
Chic. A MUw., 1st mort.
do
equip’t bonds,
Winona A St. P.. 1st m..
do
con. convert...
92
do
2d mort.
do
Ex.
Ang.,*78,A prev’s
C.C.C.Alnd*s 1st m. 78,SF. 107%
Great
Western,
1st m., 1888.
do
consol, m. bds
do
exconpon.
Del. Lack. A West., 2d m. 105
•6
do
2d mort., *93.
do
$....
7s, conv
do Ex A Nov. .*27,conn.
do
mert.. is, 1907 104
Quincy A Toledo, 1st m.. *90..
102
•
do ex mat. A Nov.,*77,eon.
orris A Essex, 1st. m.. 116% 118
Illinois A So. Iowa, 1st mort
107*
do
2d mort.
do
exconpon
do
bonds, 1900.
Han. A Cent. Missouri, 1st m
do
constrnct’n
Pekin
Llnc’ln
A
Dec’t’r.lst m
do
7s, of 1871 00% 100
Western Union Tel., 1900,cp...
do 1st con.guar. ,02 103
do
do
reg...,.
Del.AHud.Canal, 1st m.,*84 102
Miscellaneous List.
do
do ft»i i<m 103
do
(Brokers* Quotations.)
coup. 7s, 1894 WH 102
.
t
.
Chic. BurAt Q. 8 p.c.,lstm 113%
do
consol, m. 7s
112%
do
5s 8. f...
Ch»Rk.I.AP. ,s.f .lnc.6s,*95.
109
6s, 1917, coupon
_
*
...
\°c&
.
2%
2%
36%
do loan... 1883. ..;
do
do ..1891..
do
1892.
do
do
do
.1893
MISCELLANEOUS
68, 1887
do
6s, real estate...
do
6s, subscription.
do A Hudson, 1st m., coup
do
do
1st m., reg.
Hudson R. 7s, 2d m., s.f., 1885
Harlem, 1st mort. 7s,coup...
12
-
•
....
-
Lake Shore—
Mich 8. A N. Ind.. S.F.,7 p.c. 109
Cleve. A Tol. sinking fund.. no
do
new bonds.... 100
Cleve. P’ville A Ash., old bds 105
de
do
new bds no
Buffalo A Erie, new bonds... no
Buffalo A State Line 7s
105
Kalamazoo A W. Pigeon, 1st ±101
Det. Mon. A Tol.,1st 7s, 1906. 108%
Lake Shore Dlv. bonds
no
do
Cons. coup.. 1st. 112%
do
Cons, reg., 1st.. 1094;
do
Cons, coup.,2d.. 103%
do
Cons, reg., 2d.... 100
Marietta A Cln. 1st mort
81
Mlcb. Cent., consol. 7s, 1902 ... 109%
do
1st m. 8s. t882, s.f. J109
do
equipment bonds
New Jersey Southern 1st m. 7s $30
do
do
consol. 7s
N. Y. Central 6s, 1888
103%
153
72
ex conn
•
Ai,
is,
BldL
anouarrins.
114
‘funding act, 1866
105%
!°5%
....
Cumberland Coal A Iron
Maryland Coal
Pennsylvania Coal
Spring Mountain Coal...
Mariposa L. A M. Co
do
do
pref
Ontario Silver Mining...
Railroad Bonds.
(Stock Exchange Prices.)
Boston H. A Erie, 1st m..
•
Dubuque A Sioux City,1st m. 105
do
2d dlv. ’-07%
do
Cedar F. A Minn., 1st mort.. $91
148%
Indlanap. Bl. A W., 1st mort... +20
do
do
2d mort... +2
a
Missouri Kansas A Texas
New York Elevated RR.
1^0%
N. Y. New Haven A Hart 160
20
Ohio A Mississippi, pref
Pitts. Ft. W. A Cn., guar.
£3% 97%
do
do
special
Rensselaer A Saratoga
Rome Watertown A Og.
3
St. Louis Alton A T. H...
13
do
do
pref
BellevllleA So. Ill.,pref
St. L. L M. A Southern...
"6% “7%
St. L. K. C. A North’n.pref
Terre Haute A Ind’polls
United K.J.R.AC.....
121% 122%
Consolidate Coal of Md
•
Illinois Central—
147
Atlantic A Pac. Tel...
Am. District Telegraph..
Canton Co., Baltimore...
American Coal
2d
8d
4th
5th
-
10S%
endorsed
7s, 1879
do
do
7s, 1883
do
do
7e, 1830
do
do
7s, 1888
do
7s, cons., mort., g’d bds .
do Long Dock bonds
Buff. N7y. A E, 1st. m., 1916.
Han. A St. Jo., 8s, conv. mort.
do
(Active prevfusly quot'd.
Chicago A Alton.
1892
AND
• •
...
105%,
Ban. A tit. Jos., due 1886
do
do 1887
.
*
25
74
•
106
Funding, due 1894-5
..
-
103
105
1882 or *83
1886
1837
do
do
do
do
RAILROAD
Albany A Susquehanna..
Burl. C. Rap. A Northern.
9s,
6s
—
•
•
4s. gold, reg....1887
is, do coup.. 1887•....
###
•
Bid. Ask.
snouazTias.
New York State—
is, Canal Loan, 1878
’04
54
6s, new
6s, new float’d debt. 54
54
do
7s, Penitentiary
54
do
6s, levee
54
do
8s, do
54
do
8s, do 1875
do
8s, of 1910
73
do
7s, consolidated
do
7s, small
162
Michigan 6s, 1878-79
101
do
6s, 1883
do
7s, 1890
ids
Missouri 68, due 1878
oo
*0
do
do
do
.........
do
*• •
BONDS.
Bid. Ask.
sxotnuTias.
Ijiiilslana 6s..........
.
Prices represent the per cent value, whatever the par map fa
90
35
37
•
96
•
• •
•• •
98
• ••
Memphis A Charleston 1st 7s..
04
6
8
Mississippi Central 1st
35
97
97
40
98
do
do
2d 7s...
stock..
Memphis A Little Rock 1st m.
83
m 7a...
2d m. 5s
do
2d ex coupons 84
Miss.A Tenn. 1st mort. 8s, “A” 107
do
do
8s, "B” 83
Mobile A Ohio sterling 8s
55
do
do ex cert. 6a &5
do
40
88, Interest.....
do
2d mort.8s..... 15
N. Orleans A Jacks. 1st m.8s. 110
100
Certificate, 2d mortg. 8s
ao
..
-
Nashville Chat. A St.L. 7s....
Nashville A Decatur, 1st 7s....
Norfolk A Petersburg 1st m.8s 99
do
do IB 02
2d m. 8s 86
do
Northeastern, 8. C., 1st m. 8s.. 104
do 2d m. 8s.. 60
Orange A Alexandria, late. 6s. 90
do
do
do'
Rlchm’d A
2ds,6«..
3ds,8s.
4ths,8s.
70
97
85
98%
87
110
85
56
58
45
20
112
103
100
101
95
74
40
15
20
100
Petersb'g 1st m. 7s.
Rich. Fre'ksb’g A Poto. 6s
85
do
do mort. 7s
Rich. A Danv. 1st consol. 6s... 70% 72
Southwest RR. Ga ,conv.7s,*86 100
101
83
87
Southwestern, Ga., stock
8. Carolina RR. 1st m. 7s
82
86
do
7s, 19GB
*•••
do
7s, non mort..
Savannah A Char. l#t M. 7s..., “*5*
10
Charleston A Savan’h 6s, end 28
35
107
West Alabama 2d m. 8s, gnar.. 105
do
1st mi. 8s
105
1C7
>•••
’’
••
:
v
•
• ••«
"I
i-;.
-
PAST DDE COUPONS.
Tennessee State coupons
South Carolina consol
Virginia coupons
ao
consol, coup..
Memuhis Cltv Conp™*-
$No price to-day; these are latest quotations made this week.
"rt
.
20
30
40
«•••
2)
80
80
■
■
;
.
%
-,3-
'
...
62
40
.
•
j-
Z
><*1'*'
c,
V
;
,
4/,
*
"
-
'Vv
't‘*
'i
^
-
<
'-
'*
-
*
*
'
7
V
„
.VZ'sfr
tii'3J*
’ ^‘
>(,
I:1'";'
1878.J
JTOB t,
646
NEW YORK
LOCAL
SECURITIES.
■■■
Rank Stock Ltst.
"
Capital.
Coktxjg**-
«SKKS?
dates.§
Amount
Brewers’* Gr.
Broadway.
Central
.
900
1
1313300
Chase
Chatham
....
...
German
German
100
100
100
80
293,600
725,900
46,400
11300
47,400 Q—J.
135,900
901,700
435,900
651300
31,200
49300
54,000
18,000
300
23,000
167,100
1,870300
124,400
8,100
410,600
Imp.* Traders’
Imne
....
Island City*...
Leather Manuf.
1,053,100
Manhattan*....
Mannf.*Mer.*
8,100
75,400
284,000
938,500
77,200
.
J. A J.
M.AN.
A.AO.
F.AA.
'
859,000 J. A J.
Nassau*
Murray Hill *..
1,000,000
NewYor#
3,000,000
092300 J. A J.
87,700 J. A J.
Pacific*.......
Park
73300
20,190
29,200
75,900
102,000
210,900 Q-F.
510,000 J. A J.
147,300 J. A J.
2,000,000
Peoples’*
412,500
1,000,000
200,000
f-healx.........
Produce*..
Republic
St. Nicholas....
Seventh Ward.
Second
Shoe * Leather
Sixth
State of N. Y..
...........
Third
Tradesmen’s...
Union
We3tSide*
leijioo
1,000,000
100,1 800,000
100^ 300,000
100 1,000,000
100
100'
100
40
50
J. A J.
297300 F.AA.
185300 F.AA.
100,1,500,000
57,400
67,400
241,100
50,700
170,100
nil.
200,000
800,000
100
F.AA.
J* & J,
J. A J.
J. A J.
-I. A J.
1,000,000
338,800
664,809
77,400
1,000,000
1,200,000
100
200,000
’
J. A J.
J. A J.
J. A J.
J. A J.
M.A.N.
J. A J.
J. A J.
M.AN.
J. A J.
*
*
-
-
*
•
• •
.
•
••
98
....
‘ icox
*78. 3
"78.15
*78. 3
*78. 5
*78. 4
•• t
•
•• •
• •••
196*
75
120
5
3
3
2*
■
•
•
•
••
•
230
A
-
•
...
T % W
220
*
•
...
•
f
•
•
-
•
•
•
•
•••
•
m-o
T#
• • •
'8
3
7
14
8
....
Jan!, *77.'
Jan.,
Jan,
Jan.,
6* Jan.,
12
Jan.,
8
Feb.,
Juiy.
10
12
9
....
.
• .
•
•
•
•
•
• « •
•
•
•
•
•
•
•
....
•
•
•
• •
•
•
•
.
•
...,
80
••
.
.
.
.
115*
••
•
6
7
0
•
3*
.
mm
ii
12
0
10
0
Jan., *78. 5
May, ’78. 2*
•
•••
.
...
...
...
3
10
10
7
8
7
3
9
8
8
,
.
...
....
•
•
•
....
....
93
Jan., ’78. 3
Jan.,’78. 4
Jan., ’78. 3
....
94
122
80
July, ’74. 3*
Feb., "78. 3
Aug. ’77. 2* 73
Jan., ’77. 3
Jan.,’78. 5
Jan., ’78. 5
Jan.,’78. 3
May, ’78. 3* 100
Jan., ’78. 3
Jan., ’78. 4
May* *78. 5 140
Jan., ’78. 4
.
.
8
6
12
11
8
...
••
....
July, *77. 3
July, *74. 8*
Amity..
Arctic
Atlantic
Bowery
Brewers’ *M..
Broadway
Brooklyn
.
.
....
85*
.
70
.
...
.
•
•
...
• •
....
•
.
....
;...
....
•
.
....
«
....
....
• •
•
•••
*
•••
200,000
Continental....
Ragle
Empire City.
Emporium
Exchange
Farragut........
Gas Companies.
Par.
25
Brooklyn Gas Light Co
certificates
Harlem
50
20
50
100
Y«r.
1 000
100
Jersey City A Hoboken
Manhattan
Metropolitan
do
certificates.........
bocdi
do
......
Mutual, N. Y
’
do
Nassau.
bonds
1,000
25
Brooklyn
do
Va\
scrip
Hew York
100
10
People’s (Brooklyn)
do
do
bonds.. .....
do
do
certificates.
Central of New York
1,000
Yar.
50
Williamsburg
do
scrip
Metropolitan, Brooklyn
Var.
Var.
2,000,000
20 1,200,000
1,C00
820,000
Citizens’Gas Co (Bklyn)
do
Amount. Period.
50
Var.
100
100
,....
Municipal
A. AO.
F.AA.
J. A J.
J. A J.
M.AS.
M.AS.
J.A J.
1,850!000
386,000
4,000,000
2,500,000
1,000,000
500,000
5,000,000
1,000,000
1,000,000
700,000
4,000,000
1,000,000
325,000
300,000
466,000
1,000,000
Quar.
F.A A.
Var.
M.AN.
M.AN.
J. A J.
F.AA.
J. A J.
F.& Ao
Quar.
J. A J.
M. AN.
1,000,000
1,000,000
1,600,000
&
5
3
Date.
*
.....
Apr
,
Globe
Greenwich
Guardian
Hamilton
Hanover
200,000
150,000
500,000
200,000
Hoffinan
Home
3,000,000
Hope
Howard
Importers’* T..
f
Irving
...
Kings Co.(Bkn)
Jan., ’78
280,000
150,000
Lafayette(Bkn)
Lamar..
Lenox
200,000
150,000
Mecb’lcs’(Bkn)
Mercantile..
Merchants*
Montauk (Bkn)
Nassau (Bklyn)
National
N. Y. Equitable
New York Fire
N. Y. & Boston
New York City
.
Niagara
North Elver....
Pacific
Park
Peter Cooper...
People’s
Phenix (Bklyn)
150,000
1,000,000
200,000
200,000
300,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
150,000
250,000
Prodace Exch.
Relief
United States..
Westchester...
Wllllamsb’g C.
Feb.,’78 125
Feb.,’78 100
M
Apr., ’78
Feb.,’78
Jan.,’78
May,
’78
3*
4
May, ’78
3* Jan., ’70
3*
3* Jan.,’78
3* Feb., *78
2
Jan.,’78
3* Jan.,’78
2* Nov., ’77
74
95
70
95
98
25
90
75
75
90
97
65
94
[Quotations by H. L. Grant, Broker, 145 Broadway.}
Fultonterry—stk.
100
mortgage...
Broadway £ Seventh Avt—stk..
1st mortgage...
1,000
1st
100
1,000
Brooklyn CSlp—stock
1st
10
mortgage
1,000
Broadway (Brooklyn)—stock...
’
100
100
Brooklyn db Hunter's Pt—stock.
1st mortgage bonds...
Buskwick Av. (B’klyn)—stock..
Ventral Fk.t Jf.dk S. JBtoer—stk.
1,000
100
100
900,000
094,000
2,100,000
1,500,000
2,000,000
300,000
200,000
400,000
800,000
500,000
J. AJ.
Q-J.
J. AD.
Q—F.
M.AN.
Q-J.
A. AO.
J ..A <1.
•
J’iy’iOOO
9*
?*
Apr., *78
June, *84
May, ’73 175
Nov., ’80
Apr., *78
3
3
7
••■*••«
1,800,000 J. AJ.
8
7
2
7
0
7
5
Oct., ’70
1888
* Jan!,*
,
.
■<A;~V- £•/•■• »•;
..
-V V*.
Feb.,
Feb.,
Jan..
Jan.,
200,"42
204.883
*77. 5
*78.10
*78.10
Janff
Jan.,
July.
Jan.,
40
i90
20B
170
170
'••••»
180
115
118
60
50
Jan., ’17. 5
Jan.,
Jan.,
Apl.,
Jan.,
Jan„
Feb.,
m
i.85
*78.10
Feb.. *78. 5
Jan.. *78. 6
July, *77. 5
164,803
*78.10
*78.6 65
*78.10
*78. 5
*77. 3
*78. 5
*78. 7*
*78 5
’77. 5
*78. 6
136
160
152
190
107
U7*
Aug., *78. 5 •
Ja>
*, ’78. 5
Jan., *78.15
Jan.. *78. 5
Jao., *78. 7*
Jan.. *77. 5
Jan., *78. 3H
25,019
129,148
553398
98,478
1,010,703
lift125
270
• • »
70
Jan., *78.10
Jan.,
Jan.,
Jan.,
Jan.,
Jan.,
Jan.,
Jan.,
Mar.,
20,481
134,066
104,159
39,470
196,818
196,000
49,640
151,003
126,910
57,935
1134,946
80,494
192,806
208,004
Jan..
Jan.,
Jan.,
Jan.,
Jan.,
Jan.,
Jan.,
Jan..
Jan
,
Jan.,
Jan,
Jan.,
Jan.,
Jan.,
Jan.,
Jan.,
Jan
,
Feb..
July!
Jan.,
Apr.,
Jan.,
Jan.,
Jan.,
Jan.,
Jan.,
108,888
789,612
8356
55,755
Jan.,
Jan.,
July,
July,
Jan.,
Jan.,
Jan.,
Feb.,
July,
Jan.,
60,747
203,785
116,943
14,484
160.044
128,752
52,184
146,366
Feb.,
Jan
168,584
228,643
,
*78.
*78.
*78.
*78.
*78
*78.
5
5
5
5
5
5
*78. 5
*78 5
*78.10
»7o. 5
*78. 8
*78. 5
*78. 5
*78. 8
*78. 5
*78. 6
*78. 5
*78.10
*78.10
*78. 5
*78. 8
*78. 7
*78.10
*78. 5
*78.10
*78. 7
*77. 5
*78. 6
*78. 5
107
*80
1123$
108
90
125
140
103
90
150
90
1.25
140 J
100
IttO
no
155
175
fcO
•&>
110
155
120
IOO
195
150
*
110
115
110
200
120
*78.20
105
*78. 0
180
*78-10
*73. 0
*7810
*77. 3)4 50
*78. 5
65
*77. 5
*7d. 5
*78. 5
*78.10 150
*78 8
*78 4
*77.0*28
*78. 7* 100
’78. 5
’78. 7 120
’78. 5 120
Jan.,
Jan., ’78. 0
Interest.
Bonds
Rate.
New York:
Water stock
1841-63.
do
1854-67.
Croton water stock. .1845-51.
do
do
..1852-60.
Croton Aqned’ct stock.1865.
pipes and mains...
do
lo
reservoir bonds
Central Paik bonds. .1853-67.
do
09
..1853-65.
Dock bonds
.......1870.
....Ih15.
Market stock..-.
Improvement stock.... 1869
....1869.
do
do
Consolidated bonds
Street imp. stock
Months
240
85
IOO
80
125
Payable.
clue.
Prion.
Bid. Ask
Feb., May Aug.ANov. 1878-1880 100
do
do
do
do
101
102
do
do
1878-18791 100
do
103
105
104
10S
117
109
108
107
101
103
100
107
110
11T
100
10(S
101
100
118=
1894-1897 117
1889
105
10$
1879-1890 102
*14.
1901
108 109
1888
105
102*
1879-1882 102 H05
1896
108
1894
106
1890
1883-1890
1884-1911
do
May A November.
101* 102*
1884-1900
Feb.,May Aug.&Nov. 1907-1911
do
do
1878-1898
do
do
1877-1895
1901
May A November.
1898
1878
Nov.
Feb.,May.*Aug.A
May A November,
do
do
do
do
do
var.
var.
dQ
do
..var.
New Consolidated
Westchester County... ....
do
do
do
do
do
January A July,
do
do
[Quotations by N. T. Brers. Jr.. Broker. 2)4 wail st.l
*73
Consolidated mortgage bonus. 1,000 1,200,000 J. AD.
1902
Dry Dock, E. B. dk Battery—stk.
100 1,200,000 Q-F.
May, *78
1st mortgage, cons’d
500*0.
June, *98
900,000 J. AD
Eighth lesnus—stock
100 1,000,000 J.A J.
Jan., ’78
Jan., *84
1,000
203,000 J. A J.
M.AN.
100
Aerry ^etock
May, ’78
748,000
1st mortgage...........
7
A.AO.
1,000
Apr., *93
236,000
100
600,000
Nov.i904
1,000
200,000
100
250,000
lit mortgage
500
500,000 J. A J. 7 July,* $4
100 1,199.500 Q.-F. 2
Apr., *78
M mortgage
1,000
150,000 A.AO. 7 Apr , *86
Cons. Convertible.
1.000 1,050,000 M.AN. 7
May, ’88
91V
^Extension........... <»•«<•.•••. 500*C. 200,000 A.AO. 7 Oct., ’83
SixthAvenue- stock......
100
100
M.AN. 5
750,000
May, *77
1st mortgage
115
1,000
July, *90
415,000 J. A J. 7
Imrd Avenue—stock.....
130
100 2,000,000 Q—F. 10
May, ’78
102
7
J.
A
J.
1,000 2,000,000
July, *90
lwnly-i/Urd Street-etoex
100
100
J A J. 4
Feb., *78
lstmortme.
106
M.AN. 7
May, *98
1,000
’ this
column shows last dividend on stocks, but the date of maturity of bonds
msulkWandSt
65
5
5
[Quotations by Daniel A. Moran, Broker, 40 Wall Street. 1
Floating debt stock.... i860.
7
4
Dec.. *77.10
392.121
No fig’s.
300,000
do
BlMcker St.dk
109,5
7
5
City Securities.
x
too
3
Bid. Ask.
221,003
Jan., *78. 5 100
250,000
408,142
Jan., ’78.10 190
*
Over all liabilities, including re-lnsurance. capital and scrip.
.1 The surplus
“cle
represented by scrip is deducted. —!shows deficiencies.
Jan.,’78 160
Feb ,’78 195
5
5
Sterling
Stuyvesant
Tradesmen’s....
3* Apr., ’78 95
3
Feb.,’78 88
5
No fig’s.
200,000
300,000
200,000
250,000
200,000 268,204
150,000 177,028
49,942
200,000
200,000 191,016
200,000 114,916
200,000 211,737
200,000 103.519
210,000 323,996
200,000 178,795
200,000 -26,013
200,000 —8314
500,000 448380
350,000 124,141
200,000 424.883
200,000 102,661
150,000 206,026
Lorillard
Manuf.* Build.
Manhattan
Mech.*Trad’rs*
Safeguard
75
1*0,000
500,000
200,000
200,000
200,000
150,000
Knickerbocker
St. Nicholas....
Standard
Star
*78 140
Jan., *78.
’78.
Jan., *77.
Jan., ’77.
Jan., *78.
4,978
200,000
200,000 —28335
1,000,000 686,951
500,000 653,039
200,000 116,152
200.000 801,074
200,000 No fig’s.
...
Ridgewood
Rutgers’
Bid. Ask
22314
t211,702
72,177
-9,013
200,000 154.588
97,688
204,000
150,000 —13,406
80,783
150,000
Firemen’s
Firemen's Fund
Firemen’s Tr..
Franklin
Gebhard.
German-Amer.
Jefferson
„
Pbiob.
July. ’77. 5
Jan., ’T8. 5
18356
96,572
200,000
200,000 —19,724
200,000 111,728
Resolute
Stocks and Bonds,
:
1,000,000 1899,436
300,000 496,731
Republic..
5 The fig®
date March 16th for the estate ranks.
Gas and City Railroad
,
-id ■■)■■■. h, ....
1820370
210,000 .179,468
250,000 138,119
300,000 —17,877
2,008
200,000
...
City
Clinton
Columbia....
Commerce Fire
Commercial ...
LongIsl.(Bkn.)
...
4
10
9
8
•
,ff .
75
July, ’77. 8
Jan. ’70. 8*
115
Jan., ’78. 5
Oct., ’75. 4
0
May, ;78. 2H
7* Jau., 78. 3% 107
Jan., ’78. 4
8
Feb., ’78. 4
8
3
Jan., ’77. 3
10
12
12
10
10
7
•
y '!■
200,000
200,000
400,000
200,000
200,000
200,000
200,000
300,000
200,000
200,000
153,000
800,000
Guaranty
•
May, ’78. 3
•
0*
t
47*
Jan., ’W. 3*
10
•
.
....
2* May, ’77. 2*
2* Nov., 77. 3*
...
•
•
v
...
,3*
10
•
•
T
•
0
Adriatic
ACtna.
American...,
American Exch
Germania
....
5
8
10
3
9
8
8
8
•
•
8
’78. 3* ioi‘
’78. 7 202
’78. 4
’78. 3
J--#
’78. 0
’78. 4 136
’75. 3*
Jan., ’76. 5
7* Jac., *78. 3*
9
Jan., ’78. 4
3
14
•
-
-r9
Insurance Stock List.
[Quotations by K. 8. Bailut. broker. 7 Pine street. ]
Net
Capital.
Dividends.
Surplus,
Companies.
Jan. 1,
Par. Amount 1878.*
1875. 1870. 1877.
Last Paid.
Citizens*.
200
3
*78.
’77.
*78.
’77.
•
_t_
4,400 A.A O.
59300 M.AN.
200,000
300,000
750,000
700,000
240,000
300,000
422,700
•••
•
3*
Jan., *76.
12
• •
84,400 I. A J.
500,000
3,000,000
200,000
N. Y.County..
N. Y. N. Exch.
Ninth
No. America*..
North River*.
Oriental*
•
j.
a j.
A J.
A-T.
A J.
.
May,
Jan.,
•
•
•
....
r
j.‘a
J. A J.
F.AA
J. A J.
I. A J.
J. A J.
J. A J;
M.AN.
M.AN.
M AN.
j«in!,’
*
• • •
.
M*y,
•
....
8*‘
*78.
pi., *78. 3 280
7*
6* Jan., *78. 3*
10
10
May, *78. 5 i50
7
7*
Apr.,’78. 3*
Feb., *74. 3
0
6
May, ’78. 5
6
7
May, ’77. 6
8
7
May, ’78. 3
May.
J.
3
*78. g
’78.
....
•
145
102
Sept- *75. 5
•W, *77. 4
Feb.,
6* July,
July,
10
Oct.,
12
M.AN.
J.
,
Jan**
10
...
May.
r.
J.
Jan
....
2*
6
A«k.
May, *78.
6* Jan.,
10
122,800
191,800
815,400 I. A J.
224,000 J. A J.
1,000,000
3,000,000
1,000,000
.
10
6
A J.
J. A J.
F.AA.
J. A J.
J. A J.
Grocers*....
Hanover
.
8
2,630,m J.
Germania*..... 100
Greenwich*....
Grand Central*
.
...
20
7
3
10
3fl00,«
..
8
9
Am.*. 100
Exch." 100
Metropolis*.
Metropolitan..
.
1,065,100 Q—J.
Marine
Market
Mechanics’
Mech. Assoc’n.
Mech’lcs * Tr.
Mercantile
Merchants’.
Merchants’ Ex.
8
100
,
50
8
Bid
Jan., »7g. 4
....
10
10
25
EastRiver....
11th Ward*.... 25
100
Fifth
••
Avtnue*.
....
159300 J. A J.
1,522,300 M.AN.
100
Commerce •••• 100
Contimental ... 100
Corn ExcL’ge*. 100
Fourth
Fulton ....
Gallatin...
PtICE.
Last Paid.
8
3,089300 Bi-m’ly 100
25
First
16
12,400
102,800 J. A j.
100
Chemical
(Htit6Dw •••••• • • 25
Fifth
jVaj! ‘68
362,700 J. A J.
100
100
••••••
12
19,800 M. A S.
43,100 J. A J.
10
25
Boll’s Head*...
Botchers’:* Dr
9
7
12
J. A J.
100
100
25
—
Period 1876. 1877.
1,451,700 J. A J.
1,231000 M.AN.
100
America*
Am. Exchange 100
Bowery
LlVEDXXDS.
Surplus
at; latest
*——■
Brooklyn—Local Impr’em’i
City bonds.....
January A July,
do
do
do
do
do
do
..
.........
..
Park bonds...
....
Water loan bonds
..
Bridge bonds
Water loan.
..........
..
City bonds
Kings Co. bonds
do
do
Park bonds
do
May A November.
January a July,
.
do
do
Bridge........»
•AllBrooklyn bonds flat.
Water loan, long..
do .......... .1869-71.
do
do
..........
Jersey Cuy—
do
do
do
do
do
do
i*
January A July.
January A July.
•
do
1878-1880 101
1881-1895 J04
1915-1934 117*
1903
117*
1915
117*
1902-1905 108
1881-1895 104
1880-1883 105
1880-1885 102 ‘
1924
103
1907-1910 107*
do
Sewerage bonds......1865-69.
Assessment bonds.. .1870-71.
Jan.,May, July A Nor.
improvement bonds--.--•
Bergen bonds
..1868-69.
January and'July.
,
■
J. A J. and J AD.
■
£ 1
101
1895
1899 1902 108
1877-1879 106
1891
107
1905 t
1900
.
IS*
104
118
119
119
119
109
107
108
106
110
199*.
102
109/
101
108
_.a
THE CHRONICLE
546
[VOL. XXVI.
-
*
,
AND
FINANCES#
published on the last Saturday
of each month, and furnished to all regular subscribers of the
Chronicle. No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular
subscribers. One number of the Supplement, however, is bound
np with The Financial Review (Annual), and can be purchased
in that shape.
The Investors’ Supplement is
The balance ef income per last report was
The earnings for the year ending March 31,
Gross income
Expenses
;
;
State taxes
New rails
REPORTS.
From express
From miscellaneous
*
35,650—346,891
$209^287
Paid dividends.
149,865
-
•
$69,422
Balance of income account
The property
has been kept in good condition; taxes in the
balance of $22,410 from the net
good position.’’
BALANCE
.$129,256
$257,465 Maintenance of way
367,2.0 Maintenance of motive power. 78,896
204,856
16,322 Cost of working ro id
16,689
9,000 Cost of management
23,972
Miscellaneous
$433,171
J654,272
$201,100
Net balance
SHEET, MARCH
31, 1878.
Dr.
EXPENDITURES OP ROAD.
4,213
27,837
earnings of the year has been added to the income account. And
tbe affairs of the road, in other respects, have been placed in
31,1877.)
report furnishes the following statistics:
From passengers
From freight
From mail}
......
$283,402
$117,139
55,135-172,275
made to the stockholders ; and a
(For the year ending March
EARNINGS.
$461,031
.
aggregate exceeding one per cent have been paid to the State
and towns; dividends to the amount of five per cent have been
Boston Concord & Montreal Railroad.
The annual
$37,012
1878, are as follows:
Balance of interest account.
“
ANNUAL
(For the year ending March 31, 1878.)
has the following:
The annual report
-
STATE, CITY AND CORPORATION
Northern Railroad (N. H.)
$3,0(8,400
59,422
Income
$30,323
1,126
Contingent fund
43,762— 121,543 Coupons unpaid
87,708 Bills payable
711 shares No. RR. N.H.cost
100
1,914—
aw...
.......
7,888
198,000
74,932
dend, June
Ju
1, 1873
Dividend,
64,7 J3
79 074
Contracts
Cash
507,330
Bonds due April 1, 1874
Dividends unpaid.... $5,941
14)
46,187
Shop stock..........
Cr.
Stock
$3,068,400
Const action
Rsi s
Oi»
Waste
Fue'...
$•3,916^074
department
23,5(0
earnings for the year ending March 31,1878, have Ageni’s
Bills receivable
261,835
been $654,272.
The gross earnings for the year ending March Con. & Claremont N. H. RR. 254,245
81, 1877, were $649,307. The expenses for the year have been
$3^916,074
$453,171. The expenses for the previous year were $457,37T.
Keokuk & Des Moines Railway.
The increase of gross earnings for the present yfcar is $4,964, and
the increase of net earnings is $9,169; and the expenses have
(For the year ending March 31, 1878.)
been reduced $4,205.
Together
with
the annual report of this company comes the
The report says : “ Our rolling stock has been carefully looked
officers’ circular, announcing the negotiation ot a lease to the
after, aad is now in good condition. The roadway has been
Chicago Rock Island & Pacific Railroad Company. The officers
improved, and is now in a better condition than one year ago. are to be congratulated on this successful transaction, which
We have laid, the past year, 84,887 sleepers, and 600 tons of new
should place their road in a much stronger position.
The circular
rails ; have taken up, mended and returned to the track 573 tODS
says:
of rails, and have put into the roadbed, in various places, some
It is proposed to elect Mr. David Dows the Vice-President of the Chicago
60,000 yards of ballasting, and have generally improved the build- Rock Island & Pacific Railroad, as oue of th * three directors to be chosen at
said meeting (June 6, 1878). The Board of Directors of this company have
ings, bridges and fences. We have purchased one new first-class ratified
a contract for the lease of.its road, equipment andpther appurtenances
engine, and have rebuilt sixteen freight cars. Our equipment in the State of Iowa, to the Chicago Rock Island & Pacific Railroad Company,
now consists of thirty passenger and freight engines, twenty five
for the period of forty-five years, t r to the termination of its charter, with an
passenger cars, two drawing-room cars, fifteen mail and baggage engagement to tnrn over to the lessees a controlling number of the shares of
the preferred and common capital stock, to be paid for by said lessees at the
cars, and five hundred and eighty freight cars.”
rate of one dollar per share for the preferred stock and fifty cents per share
The old contract with the Southeastern and Passumpsic roads for the CDmmon stock, the further object being to make the balance of the
has been closed, and all matters connected with these roads set¬ stock more valuable by reason of the association with said lessees. The
tled up to May 1, 1878, and new contracts. with the same roads other terms of the lease are main'y these: All outstanding bonds, scrip and
dre coupons of this company are to he retired throngh the Farmers’
entered into, commencing May 1, 1878, for the term of ten years. past
Loan & Trust Company of New York, and a new mortgage will be made
Since the last annual report, new contracts for the term of five covering all the property of the company in the State of Iowa, and which will
be a first and only lien on the same when the mottgages securing the above
years have been made with the Concord Railroad and with the issues are canceled
The new bonds, amounting in the aggregate to $2,759,000,
Boston & Lowell and Nashau & Lowell Railroads.
wil date from October 1,1878, and bear interest at 5 per cent per annum, and
A portion of the convertible mortgage bonds due July 1,1875,
mature October 1,: 923. The interest to be specifically guaranteed and endorsed
to the amount of $217,000, have been paid, and in order to carry upon the bond by the lessees and paid by coupons semi-annually in this city. A
these and also $116,000 of the sinkrng fund bonds, which are the certain percentage of the gross earnings of our road is to beset apart annually,
and the surplus thereof, after payment of the interest on the bonds, will be
property of the road, the notes of the company have been tem¬ distributed among the stockholders, according to their respective rights. The
stockholders will be required to surrender for conveyance to the lessees, as
porarily issued until sack times as sales of the consolidated bonds hereiu
first stated, forty per cent of their respective holdings of preferred
shall be sufficient to absorb the amount so outstanding. Of the
stock, and sixty per cent of their respective holdings of common stock. The
$624,000 sinking fund bonds which appear in the trial balance as contract of lease must be ratified at the annual meeting to be held according
outstanding, the road holds, as before stated, $116,000, and to this notice, June 6, 1878, by a majority of the stockholders and voting
there are in the hands of the trustees $306,000, leaving the bondholders, and it is extremely important that all such holders « ho cannot
be present personally at said meeting at Keokuk, Iowa, shou’d send their
amount of sinking fund bonds outstanding, and on which interest
proxies without delay, and as per blank enclosed herewith, to the office of this
is paid, $202,000. There "have been sold of the consolidated comrany.”
From the report we extract the following: .
mortgage bonds during the year $91,000, and this amount has
EARNINGS AND EXPENSES.
From—
been applied toward payments of the cost of the branch.
$350,651
Freight
The proposed change of the different classes of stock into one
Passengers
182.653
of consolidated stock has not been carried into effect, as had been Mails
....l
12,365
Express
,
12,500
due
the
anticipated This result is, to some extent,
to
reluc¬ Trackage
12,000
tance of a part of the stockholders to subscribe to the agreement,
Car mileage
:
5,470
and by tbe inability of the officers of the road to ascertain into Interest
w
600
whose hands a part of the oJd stock had passed.
?
I
$576,241
BALANCE SHEET MARCH 31, 1878.
Operat. expen., including taxes and insurance, equal to 74 46-100 p. c. 429,072
Dr.
.
The gross
“
~
...
Construction
Wood, oil, &c., on hand
Stock, Ac., on hand for repairs
.
1870 hoods on hand«...
Trustees of sinking fund
Pemigewasset House
. —
$2,85 -,000
58,763
97,218
.
Joseph A. Dodge, superintendent
Purchase of White Mts. (N. H.) Railroad
Extension of White Mts. (S. H ) Railroad
Branch Railroad to Mount Washington
Cash on hand for coupons unpaid
Cash on hand for dividends unpaid
Cash and bonds on hand
,....
Total
,.
Or.
Stock (old.
Stock, preferred
Stock, new
Bonds
Bonds
Bonds
Bonds
due in 18 5 ......
due in 1575
due in 1889..
dne in 1893
Coupons due and unpaid
$4,631,349
months to an average of $45,874.
The funded debt has been increased
.......
Profit and loss#.................
funding the coupons of
the
past due coupons.
.........
.
.....
‘
r
—
the sum of $145,600,
.
— .
Dividends one and unpaid
Dividends dne and unpaid since May 20, 1867
Total
$147,169
,f,
Anticipations expressed in our last report, and which were ,
based upon the promise of the growing crops early last summer,
have not been fully realized.
Although the small grains5
yielded abnndantly, the corn crop, our principal staple and main
by ,
October 1, 1877, and April 1st, 1878, and .
The floating debt, March 31, 1878, was
$1,80\000 $133,868, less cash and cash items, $32,166, or a net of $101,702.
$76,000
The amount paid for coupons of funded interest bonds it ;,
350,000
$24,124.
' • ' , ; ,
; v ■ ’
■w
624,003
The total amount expended for construction work, including
1,478,000
$2,528,000 Das Moines bridge and station, and for renewal of track, bridges,
10,073
1,448 fences, machinery, and including two new passenger coaches,>
9,414 two combination passenger and baggage cars, and one mail,582,413
express and baggage car, was $124,249.
Of the $452,
12,000 of first mortgage bonds originally reserved in
$4,931,349
$459 600
800,CCO
540,400
dividends, &c.)
earnings;
Net
The
800
201,500
16,000
7,009
300,000 reliance, was so seriously injured by the rains and mild weather
790,000 as to be practicably unfit for Bhelling or shipment, and resulted I
379,000 in an excessive feeding of swine and cattle and a great quantity ,
10,073 of
damaged grain. The loss of tonnage from this source was 13
— 9 414
211,571 (one-third) that of the crop of 1875, and more than half of that of
.*.....
1874, and affected our earnings for the period of the last five
..............
*
.
‘
Jtms
THE GHRONICLE.
1,1878]
547
Pacific Mail Steamship Company*
hare been sold daring the past year, and there
remain $220,000 of said bonds; of which f101,000 are pledged as
(For Vie year ending April 80,1878.)
collateral security for loans amountiog to $50,500. The funding
At the annual meeting on Wednesday, the following was the
scheme has been assented to by about ninety per cent of the result of the election for directors: The whole
number of vot.ea
holders of the first mortgage bonds, and it is hoped that the cast was
172,406, of which Mr. David S. Bibcock received
remainder will not long continue to withhold their approval.
172,406; Henry Hart, 101,801; John Riley, 101.201; Samuel L.
Assets.
Liabilities.
Phillips, 101,801 ; William Remsen, 93,601; Wilson G. Hunt,
Road and equipment...
$2.4C0,CC0
$6,467,C90
Capital stock, common.....
the treasury, none
preferred....
do
1,624,600
89,101; James O. Sheldon, 89,201; Charles F. Livermore, 94,401;
Mahoney, 89,201; and these gentlemen were declared to
22,673 be
duly
directors for the ensuing year. Mr. Clyde, the
elected
13,662
late President, says in his report: “The present administration
14,012 may, I think, fairly claim to have brought your company through
difficulties, and they return it to you
3,0)1 great embarrassments and
in a condition in which, to say the least, its prospects are much
miscel¬
28,517 improved and the development of its resources rendered much
easier than when two years ago you placed it in their hands.”
$6,769,048
The following statement of liabilities and assets was pre¬
Reserve account, 1st mort.
bonds
Materials and fael on hand.
Cash at U. S. Trust Co. ,N.Y.
Cash with Ats't Treasurer
and Pay-master at Keokuk
Due from Post-office De¬
..
$9,934,600
dne 1904
Funded int. fed*, atd scrip,
1st mort feds.,? p.c.,
8 p. c., due
Bills payable
879,869
1864
Ontstand’g bills & pay-ro'ls
Other roads and
laneous accounts
2*,610,000
miscel¬
50,600
84,907
8,640
partment
Other roads and
laneous accounts
2 ,531
Coupons, not funded..
$6,769,f 48
220,000
John H.
sented
:
International & Great Northern (Texas.)
FINANCIAL CONDITION Of THE PACIFIC MAIL STEAMSHIP
(For the year ending Bee. 81,1877.)
PANY, April 30, 1878.
The main line of this company extends from Longview, Texas,
Liabilities.
to Houston and Austin, with branches to Mineola, Huntsville and
Bills payable
$785,009
Unpaid bills, San Francisco
99,063
Columbia.
Panama Railroad Company, loan
1,400.000
Ai the time of the consolidation of the Houston & Great Nor¬ Panama
Railroad Company
262,325
thern and the International Railroad Companies, September 27, Coal freights
15,844
5,336
1873, only 385 miles of road were in operation. The lines as Passage, credits, and orders
Unclaimed dividends
1,4<Vft
now existiog were completed near the close of 1876.
Due steamship companies..
13,449
In 1875 the bondholders consented to fnnd their coupons. The Gillies & Co....
41
deferred coupons as they accrue are funded in ten-year certificates Unpaid bills, New York
9?,001
bills at Hong Kong not charged up
14.40J
hearing 7 per cent gold interest, payable semi-annually, April Coal
McCulioch A Co.,-London
7,279
and October, and ranking in preference of all other interest. The New York
taxes, 1874 (claimed iu suit, int. and expenses)
85,385
5,811
property was placed in the hands of a receiver April 1,1878, at Isthmus diafts
Charles Clara A Co
17
the suit of the 2nd mortgage trustees.
William P.
COM¬
....
...
The company have 40 locomotives, 23 paseenger, 11baggage,
mail and express cars, and 704 freight cars.
The traffic returns for the last four years, and the net returns
Clyde & Co
3,773
$2,789,632
Assets.
'
therefrom, are shown in the following table:
Miles operated.
..
Passengers.
..
1815.
459
289,597
423,665
95,820
235.703
S'?9 433
96 877
7,296,313
l; 7,811
25,493,465
$279,355
32,340.610
Mail and express..
Miscellaneous....
Total ea’cings..
1874.
446
1,033,816
52,462
42,668
47,694
207,799
..
$1,572,389
..
$1,409,308
792,339
8)4,919
1S76.
459
21)258
1877.
523
8
8,828
513,591
441,191
111,127
7,883,200
201,249
30,017,844
$289,530
1,007,801
54,472
127,936
9.008,230
221.944
35,909,691
$347,866
1,130,969
64,149
17,4?0
.
101,190
$1,453,996
$1,550,455
1,0)4,207
862,124
$615,963
$747,468
$591,872
$466,248
It would appear that one difficulty has been low rates; for,
while the passenger traffic has increased by 99 per cent, and the
Due from pursers
Dae from agents
Advanced charges
United States subsidy
Colin McKenzie
Due from steamship companies
John Elder A Co
Owners steamship Mikado
Dne from railroads
Due from Bri ish Colombian and Central American Mexi¬
can Governments
G R Dibbs & Co
Cash
Coal on hand at agencies,
116 087
13,995
83,333
792
855
9,462
2,477
78,887
120,615
8,525
1,131
Sundry bills
Insurance
$14,083
'.
..
April 3 *, 1878,30,356 63-100 tons.
Outfits and supplies in store
at various agencies
9,680
6,411
264,251
251,802
$1,812,289
..
Notes.
Outstanding freight and passenger •* arnings earned, but not entered
np to April 30,1878 are not included in the above statement and
are abont
freight traffic by 135 per cent, the gross earnings have increased
only by 35 per cent since 1873. The operating expenses in the Bills payable have been reduced since April 30.1878
bills at New York and San Francisco have been reduced by
meanwhile have increased by 90 per cent. The net revenue, on Unpaid
about
the contrary, has decreased by 21^ per cent. The following is the
Assets have been reduced by—
Amount collected from Mexican Government
general balance-sheet made up to December 31, 1877 :
Amount collected from railroads
....
Capital stock
$5,500,000
Funded debt:
First mortgage 7i», gold.
Second mortgage 8s
Convertible bonds, 8s
$7,848,000
2,907,000
2,052,000
.
•
Funded coupons, 7s, gold
Bills payable.
*
AH other liabilities
.
...
Total liabilities.
Railroad and rqnipment
Stocks and bonds
Other properties and assets
Materials and fuel
Cash and cash items
Profit and loss
Total property and aesets
12,807,0(0
2,787,620
531,989
349,512
$21,476,119
$18,469,759
.
1,275,745
274,748
•
75,632
56,129
1,324,143
$21,476,119
The
following is a list of the directors elected at the annual
meeting held at Palestine, April 3, 1878: Samuel Sloan, Moses
Taylor, John S. Barnes, T. W. Pearsall, of New York; R. S. Hays,
H. M. Hoxie, D. S. H. Smith, Ira H. Evans, James H. Baker, of
Texas.
The board re-elected Samuel
Sloan, President; R. S.
977,893
$300,000
100,000
68,582
45,000
11,000
The World eays: “Mr. Henry Hart, who made up the ticket
for Pacific Mail directors which jwas successful yesterday, is
reported on good authority to have promised the Panama Rail¬
people to make three vacancies in his board, to be filled as
they should prefer. The offer was declined. The Panama Rail¬
road Company expects to continue in harmonious business
relations with the Pacific Mail Company, bat is not disposed to
grant it any indulgence now that the election of Pacific Mail
directors was managed by wh&t they charge to be an abuse bf
proxies. The Pacific Mail owes the Panama Company about
$300,000, for some time overdue, and this will probably have to
be paid without delay, as will other instalments of debt from
time to time maturing.
It is presumed that Mr. Hart is prepared
for this, as otherwise his control of the Pacific Mail election
would be unmeaning.”
road
GENERAL INVESTMENT
NEWS.
Burlington & Missouri in Nebraska*—It is proposed to issue
Hay8, Vice-President; D. S. H. Smith, Treasurer; Ira H. Evans,
six i er cent consolidated mortgage bonds to the amount of
Secretary ; Jacob Wetmore, Assistant Secretary.
$14,000,000. into which the eight per cent bonds due iu 1894 may
Greenville & Columbia (8. C.)
be exchanged, at the rate of $1,200 in new for $1,000 of the old
(For the year ending Dec. 31,1877.)
bond*. The company has no bonds maturing in 1879 as erro¬
i' This company owns 186 miles and works the Blue Ridge road, neously stated in a recent item from which we quoted. Full
making 219 miles operated. Arrangements have been made foi particulars of tbe new bonds and the terms of exchange may be
the purchase of the Blue Ridge road.
obtained by addressing Mr. John N. Denison, Treasurer, Boston.
The comparative earnings and expenses were as follows :
Chicago *te Illinois River Railroad*—The Chicago Tribune
1877.
1876.
says: A motion was made before Judge Drummond, in the case of
$381,910
gross earnings....
$422,357 John B. Dumont is. the Chicago & Illinois River Railroad Co.,
Expenses
201,295
246,279 for an
injunction to prevent the proposed Bale of the road under
Net ea;nlngs,
the first mortgage. The petition sets out that the road was
:
$176,078
$180,614
Per Cent of expenses
52-71
58*81
organized in 1375, and made a first mortgage to secure $1,000,000
The reduction in business was made up of a decrease of $2,456 on its property. It was subsequently leased forever to this
in passenger receipts, $35,083 in
freights and $2,812 in other Chicago & Alton Railroad Company. It is charged that the
fondngs.
There were 15,797 bales less of cotton carried than Illinois River road, in collusion with the Chicago & Alton
in 1876.
road, has caused its property to be advertised for sale on tbe 81st
^ There is a floating debt of $585,000, part of which is indorsed inst. The Massachusetts Mutual Life Insurance Company is the
by the South Carolina Company; and the President advises that petitioner, and the owner of a large amount of the second-mort¬
should be made to get some help from the bondholders, gage bonds, and it insists that the trustee, John B. Duoiont, has
and that they should
be asked to cooperate in some plan for no right, after filing a bill to foreclose tbe first mortgage, to
edjoBting the debt.
attempt to foreclose subsequently under the powers contained in
<
Pennsylvania Railroad.—A statement of the business of all
trust-deed. Judge Drummond granted the lines
connected with the Pennsylvania Company east of Pittsburg
injunction, saying that the advertisement asked to have sold the and Erie for
April, 1878, as compared with the same mouth in
aame property which was the subject of the litigation in the suit
1877. shows: Increase in gross earnings of $163,101; decrease in
.pending in the Court. It was entirely inconsistent with such
of $132,640; increase in net earnings of $295,741, The
litigation that the trustee should have the power, under a clause expenses
four months of 1878, aB compare^ with the same period in 1877,
in the mortgage authorizing a sale by advertisement, to go on
*nd sell. A bill was pending to determine the equities between show: Increase in gross earnings of $261,523; decrease in expen¬
ses of $299,944; increase in net earnings of $561,467.
All lines
the parties, and the trustee might foreclose the equities of some
west of Pittsburg and Erie for the four months of 1878 show a
patties who, on final decree, ought to have their equitiesprotected
deficiency in meeting all liabilities of $26,824, being a gain over
It is expected Judge Harlan will hear the case next month.
the same period in 1877 of $327,839.
the
mortgage or
Crosby Brown, trustee, gives
Railroad Land Sales.—The Railway Age gives at some length
prepared to make full final distribution, of all the
reports of different railroad companies of their recent land
moneys received by him under and by virtue of the decree of
sales, from which the following is condensed :
the N. Y. Supreme Court, to and among the holders of the first
UNION PACIFIC.
mortgage bonds of the Dutchess & Columbia Railroad Company,
Sales thus far this year aB follows :
«pon presentation of the said bonds, with all unpaid coupons.
Month.
Amount.
Ay. price.
Acres sold.
Eastern Railroad (Mass.)—Notice is given to the holders of January
11,599
$55,028
$4*744
60,018 ”
4*945
12,134
the bonds of the Portsmouth Great Falls & Conway Railroad February
March
32,619
166,013
5*089
Company, that on the question of the power to pay the interest April
51,546
261,387
5*129
on the bonds of the Portsmouth Great Falls & Conway Railroad
Total
107,900
$545,447
Company no decision has yet been rendered; and if no decision
land sales of department, acres
1,502.019
«hould be reached by June 1st, the Eastern directors will repeat Total
Total amount
$6,628,857
their former action, and, as security for the bondholders, will set Number of purchasers
11,480
aside a fund equal to the interest accruing June 1, 1878, and to Average a»*res to each
130
be appropriated solely to paying that interest, should the Court
Total land grant, in round numbers, 12,000,000 acres; amount
decide in favor of the right of the company to pay it.
of agricultural lands, almost exclusively in the State of Nebraska,
Fitchburg.—Notice is published that pursuant to vote of stock¬ 3,500,000 acres; number of acres sold, agricultural, 1,400,000. In
holders, the directors of this company have issued 5,000 shares of addition to other items for month of April, nnmberof purchaser?,
665 ; average acres to each, 77 51.
new stock, and offer the same to stockholders of record April 8,
1878, at par, in the proportion of one new share to eight old
GRAND RAPIDS ft INDIANA.
shares. The time for subscriptions to and the transfer of rights
The sales have been as follows:
is limited to June 1st next, and all shares and fractions remaining
187718T8unclaimed or unadjusted after that date will b> forfeited. The January
1,820 acres $15,077
889 acres $8,854
4,819
“
70,(20
February...
2,471
“
24,381
new stock will participate with the original stock in dividends
March
2,777
“
41,406
1,166
“
10,820
After July 1, 1878.
113,241
6,336
“
April
2,180 "
23,265
Illinois Law Affecting Mortgages.—A recent decision of the
Total
15,754
$239,742
6,708
$67,322
United States Supreme Court held that the Illinois State law
Total number of acres disposed ot to May 1, 1878, 183,386, for
fteen amonths to redeem property after a sale was a part of the sum of $2,324,327, and an average of $12 68 per acre.
contract between the mortgagor and mortgagee, and that the
FLINT & PBRE MARQUETTE.
practice of the federal court in giving a deed one hundred days Total number of acres of F. & P. M. Railway Land Grant sold in
after sale was wrong. Some lawyers in Chicago think that the
2,769
January, February, March and April, 1877.....
decision goes back for only two years, while others say that all Total number of acreB sold in January, February, March and April,
1878
*
4,720
Dutchess & Columbia.—Mr. John
notice that he is
-
.
,
fiving mortgagor twelve months and his judgment creditors
«ales under the federal court’s ruling are absolutely void.
Indianapolis Bloomington & Western.—Receiver Wright’s
April report is as follows :
$43,887
162,242
Balance, April 1
Receipts
138,563
Line.—This railroad is to be sold at the
Court-house in Newark, June 29, under foreclosure of mortgage
held by Senator Randolph and Benjamin G. Clark, as trustees.
N. Y. State Savings Bank Law.—The following amendments
to the general savings bank law in this State were passed at the
recent session of the Legislature:
It shall be unlawful for any savings bank, directly or indi
rectly, to deal or trade in any real estate, in any other case or for
any other purpose than as authorized in section twenty-nine of
this act, or to deal or trade in any goods, wares, merchandise or
commodities whatever, except as authorized by the terms of this
act, and except such personal property as may' be necessary in
the transaction of its business ; and it shall be unlawful for any
savings bank, or for any officer thereof, in his regular attendance
upon the business of such bank, in any manner, to buy or sell
exchange, or gold, or silver, or to collect or to protest promissory
notes cr time billB of exchange; bat this restriction shall not
prevent savings banks from selling gold or silver received in
MISSOURI KANSAS A TEXAS.
The
following is the number of acres sold in four months:
January
February
from
depositors in the regular
course
1878.
6,t85
8,436
9.996
6,788
April
7,690
13,523
22,131
38,541
Total
The total number of acres sold by our company from com¬
mencement to May 1,1878, is 620,195, at an average price of $3 75
per acre.
acres
each.
The sales for the same period of time averaged 183
ILLINOIS CENTRAL.
Number of acres sold in January, February,
Same months in
March and April, 1877 .
2,362
3,615
.....
2,811,688
$10 pr. acr.
1878
...
Total number of acres sold by the company in all
Average price obtained, about
Average number or acres to each purchaser
58
BURLINGTON ft MISSOURI RIVER RAILROAD IN NEBRASKA.
Average
January
February
Acres sold.
For.
32,390
43,375
$161,265
226,935
820,467
54,969
March
of business, nor from
paying regular depositors, when requested by them, by draft
upon deposits to the credit of the bank in the city of New York,
and charging current rates of exchange for each drafts; and no
savings bank shall make or issue any certificate of deposit pay¬
1877.
4,438
3,214
March...
65,856
339,931
196,091
$1,018,700
payment of interest or principal of obligations owned by the bank April..
or
280,083
511,502
.
$61,566
Balance, May 1
New Jersey West
and including Ap il 30,
Average price obtained for the whole, $8 31 2-3 per acre.
Average number of acres for each sale, 250 3-10.
$206,129
Tetal
Disbursements
.
Total number of acres sold from the grant, to
1878
Total number of acres in original grant
Total (4 months)...
per acre.
.
$4 75
524
5 82
5 20
$5 34
by this department from its organization
for $6,593,679; average per acre, $6 32.
The net sales made
are
1,043,246
acres,
KANSAS PACIFIC.
1877.
Acres.
able either on demand or at a fixed day, nor pay any
interest, except regular quarterly or semi-annual dividends
1878.
Acres.
„
fepon any deposits or balances, nor pay any interest or deposit or
deposit, or any check drawn upon itself by deposi¬
tor, unless the pass-book of the depositor be produced and the
proper entry made therein at the time of the transaction ; pro
vided, however, that the board of trnBtees may by their by-laws
portion of
a
a
27,312
59,m
28,979
April
127,871
Total.
Many of the immigrants go beyond the railroad limits, where
they can get Government lands at the minimum price, or 160
provide for making payments in cases of loss of pass-book or acres under the homestead laWj instead of 80 acres, which is aU
other exceptional cases when the pass-bo^k cannot be procured
that is allowed to a citizen within the railroad grants.
Our sales
without loss or serious inconvenience to the depositor, the righl;
each
average
about
160
acres
to
person.
'
to make such payment to cease, however, when so directed by
The average price obtained during the present year is $3 39 per
the Superintendent of the Bank Department upon his being
acre.
satisfied that such right is being improperly exercised by any
ST. PAUL ft SIOUX CITY.
SNiYing* bank ; and provided, farther, that payments may be
Tot. since
March,
1878.
Jan. 1,’78.
Ikia&e upon the judgment or order of a court, or the power o '
27,161
Number of acres sold
88,226
attorney of a depositor.
i....
$185,868
$229,556
It' shall be unlawful after the passage of this act for any Value of sales
*#• #\»»».
$5 87
$6 91
Ay6r&^6 price per &cr6»
««• •
pavings bank, directly or indirectly, to receive from any individua
Receipts.
^
or depositor deposits in excess of $3,000, bat this limitation shal
Land stock
$153,076
$160,££
not apply to deposits arising from judicial sales or trust funds.
Land contract notes
25,638
55,026
7,153
14,413
No person shall, after the passage of this act, be elected trustee Cash
of any savings bank who is not a resident of this State, an<
General Statement.—Original land grant, 654,429 acres; lands
sold (acres), 232,766; average price, $6 33; receipts—cash,
removal from the State by any trustee hereafter elected shal
$625,940; interest notes, $390,494; land stock, $467,509.
w&cate his office.
• • • ••• • •
• •
•
•
■
-
JuN® 1,
THE CHRONICLE.
1878.]
Land stock issued, $2,400,000; land-stock canceled, $467,509 ;
outstanding; $1,932,410 ; land contract notes on band,
$390,494; number of acres of land for sale, 621,662.
4 moe.:
1878.
land stock
SIOUX CITY St ST. PAUL.
Union Pacific
.107,900
Burlington A Mo. Riy. in Neb. .,196,091
»
•
%
• •
*
•
-
•<
__
_
Total since
No. of acres sold
Value of sales«....«•
Mar., *78.
11,482
.'
*•....
..«•«
$73,043
$6 36
.....
Average price per acre
Becsipts—
Land bonds...
:
$37,180
Land contract notes;
Cash
.
Jan. V78.
23,787
$141,840
$6 20
.
.
Kansas Pacific
.........
Missouri Kansas & Texas
.
contract notes, $70,410; land bonds, $883,642 ; land bonds,
account town lots, $22,951.
Land bonds issued, $2,806,000; land bonds canceled, $906,594;
land bonds outstanding, $1,893,405; land contract notes on
band, $70,410; number *of
acres
of land for sale, 388,019.
DENVER PACIFIC.
.
1878.
2,009
40
115
3.118
none
8,066
*8,557
636
791
•
*
For three weeks
.
•
•
9
.
15,751
$5 35
only.
NORTHERN PACIFIC.
Mr. J. B. Power, Land Commissioner, furnishes the
following :
The rush of immigration to the lands ot the Northern Pacific road
5,317
5,049
18,163
Total 15 companies in 4 rn’ihs. .904,182
• • • ♦
1,043,846
•
•••
•
••
183,387
232,807
166,980
*
31,724
per acre.
4 41
’
'
6 32
'*
12 68
6 00
6 26
3 39
•••••»
22,132
620,195
280,083
1,498,726
618VK6
81,175
15,139
•
t
Av.price
8 57
8 81
4 75
7 20
12 03
319,243
•• *
7,496
6,839
114.008
822,239
{
-
/"
8 98
•
••••••
•
Railroad Leases in Connecticut—The following law
passed by the Legislature of Connecticut at its last.session :
*
•
*'J
•
•
-
•
was
'*
No lease of any railroad hereafter made shall be
binding on
either of the contracting parties for a period of more than twelve
months, unless the
1877.
.165,564
84,528
..
General
acres
1,502,019
6,709
22,788
.
....
/
-
by Co. to
May 1.
2,869
20,902
44,009
Statement.—QnginnX grant, 555,000 acres; number of
sold, 166,980 ; average price, $6 26 ; receipts—cash, $92,459;
15,755
38,826
.127,272
38,542
.
$76,3*28
17,431
18,432
Tot sold?
4 mos.
1877.
same
shall be approved by the stockholders:
of the company or companies that are
parties to the lease by a
vote of two-thirds of the stock represented in
person or by proxy
at a meeting of the stockholders called for that
purpose, and af
least one month’s notice shall be given of such
meeting by
week for four weeks in a daily paper pub¬
lished in this state, and also by mailing a
copy of the call and of
the lease to each stockholder, and said notice and call shall state;
that at the meeting the lease will be submitted for the
approval
advertising twice
a
of the stockholders.”
St* Louis City Bonds.—The proposals for 593 bonds, $1,000
fairly commenced last fall, after the bountiful harvest had each, to redeem maturing bonds were opened lately at the
so fully demonstrated the richness of soil and its extra qualifica¬
Mayor’s office in St. Louis. The principal bids were as follows?
tion for profitable cultivation of wheat, and it continued all
Donaldson & Fraley, for the whole loan, 593 bonds, at
$1,026 67
each; Kohn & Co., the whole loan, 593 bonds, $1,021 46.. The
through the winter months beyond all precedent.
For the four months ending April 30, the railroad company
has loan was awarded to Donaldson & Fraley. The bonds, ready
sold 165,564 acres, against 81,175 in the same period of 1877, and for delivery, were received by Comptroller Adreon yesterday.
the United States land offices in the same districts,
through the
Steel Rails.—A recent report says that for some time past
Operation of the pre-emption and homestead laws, 674,560 acres.
there
has been activity in all the great steel-rolling mills in the
This absorption of vacant lands has been by 2,126 purchasers,
country.
The demand for steel rails is largely in excess of what^
showing average holdings of some 320 acres each. Total sales to it
was last year.
Many of the mills were willing for the corres¬
May 1,1878,1,498,726 acres ; average price per acre, $4 75 ; total
ponding period in 1877 to accept orders at from $38 to $40 per
grant—Duluth to Bismarck--450 miles. *
ton, although the large corporations did not make any contracts
LITTLE ROCK & FORT SScITH.
at less than $49.
During the present season there has been a
Sold from original land grant of 1,009,296 acres in all, 166,640
gradual advance, until now the large mills are refusing contracts
acres, at an average price of $4 41 per acre.
The statement of at $44 a ton at the works.
comparative sales is as follows :
Southern Maryland*—This road will be sold at auction Jure
1877.
1978.
Acres.
5. The State of Maryland subscribed $163,000 to its stock,
Acres
January
2,2C0
19,452
February
Wabash*—There is a great deal of discussion which
3,680
9,309
really
March...
5.462
5,178
beclouds the main points in regard to the Toledo Wabash &
April
2,010
5,213 Western affairs. The
two important questions which the
public
Total
the present board of directors, are these: 1. Were
13,069
39,438 ask of
Average number of acres to each sale
81
the holders of $600,000 equipment bonds, having the right to
ST. PAUL & PACIFIC, FIRST DIVISION.
exchange them for consolidated mortgage bonds, fairly dealt
Acres sold for months of January, February, March and
April, 1877.... 15,189 with in the re-organization ? Was there any fairness in exclud¬
Acres sold for
1878.... 64,527 ing them from all benefits, whatever the
legal technicalities may
Total acres sold
1
61U76 have
permitted? 2. Was not the whole plan of the Seney mort¬
Average price per acre
$720
We have sold in the several towns along the line of road gage arranged for the purpose of giving the holders of floating
debt a priority over bondholders? This to be accomplished
by
belonging to the company 2,512 town lots, at an average price of
paying $200,000 per year of the Seney mortgage, which would
$68 70 a lot.
thus be paid off long before the other bonds. It appears that the
CHICAGO BURLINGTON A QUINCY (IOWA).
Wabash complications have developed the same old familiar
Av. price
Acres.
Price.
practice in another form—namely, the plan of giving to parties
per acre.
January
$21,980
$14 65
holding floating debt a priority over mortgage bondholders.
February
8,232
11 56
On Saturday last a holder of Toledo & Wabash second mort¬
March
16 00
18,766
April
14 90
gage bonds, and of Wabash & Western second mortgage bonds
27,630
served a formal notice on ex-Governor E; D. Morgan, trustee of
Total four months..
5,317
$76,608
$14 40 the separate mortgages, to proceed to foreclose the
properties
The net sales made by this department from its
organization under the mortgages. It was also said that Mr. Knox, of St.
ale 319,242 acres for $3,841,312;
average per acre, $12 03.
Louis, trustee nnder the Decatur & East St. Louis first mortgage,
had been called upon by bondholders to foreclose that mortgage,
JACKSON LANSING A SAGINAW.
on account of non-payment of interest due on the bonds.
Land Commissioner O. M. Barnes furnishes the
following:
A member of the executive committee of the company stated
Lands patented to the company, acres
:,..
590,315 that
Total number of acres sold to May 1, 1878
the provisions of the Decatur & East St. Louis mortgage
114,007
Total number ot acres unsold to May
1, 1878
416,307 required formal notice from one-third of the bondholders under
Total number of acres sold Jan., Feb., March and
April, 1877
7,499 the mortgage before the trustee could take any steps in fore¬
Total number of acres sold Jan.,
Feb., March and April, 1878
5,049 closure
Total receipts for land and timber sales to
proceedings.
Under the provisions of the Toledo &
May 1,1872
$995,771
Average price.per acre for land sold
/.
$8 28 Wabash mortgage, and of the Wabash & Western mortgage, it
Average number of acres bought by each purchaser
349 65 required notice from one-half of the bondholders before
any
Average price per acre for Jan., Feb., March and April, 1878
$9 18 action could be taken. Governor
Morgan
or Mr. Knox would be
IOWA RAILROAD LAND COMPANY.
unable to act, even were they so disposed, unless these provisions
Total amount of original grants to the Cedar
Rapid b A
Acre*.
were complied with.
As over 87 per cent of the bondholders
Missouri River R. R. Co. (now Iowa R.R. Land
Co.). 1,060,776
under all of these mortgages had come into the funding scheme
Bold to March 31, 1878.
510,346 for $3,432,891
On hand March 31, 1878
of the Wabash Company, there could be no danger of the
520,429
Bold in Jan., Feb., March and April, 1877
4,924
trustees, mentioned above, having occasion to taka any steps in
Bold In Jan., Feb., March and
April, 1878
9,403
foreclosure proceedings.
**>£* Falls A Sioux City R. R. Co. grant by the Iowa
C(X*•
b43,503
Wabash & Erie Canal*—Judge S. B. Gookins, of Terre Haute,
Bold to March 31, 1878...
281,893 for $1,920,950
Ob hand March
receiver of the Wabash & Erie Canal, in the suit of Jonathan K.
81, 1878
361,610
Bold Jn Jan., Feb., March and
April, 1S77
1,964
Gapen et al. vs. the trustees of the canal, has filed a report with
Sold is Jan., Feb., March and April, 1878
8,759
the United States Court announcing his readiness to pay to the
Average Bales per settler, about
90
holders of stock a certain dividend out of the moneys in his hand,
SUMMARY.
viz.: $76,292.
The Court has ordered that $15,000 of this sum be
The. following figures, condensed from the above tables, show, reserved, the remainder to be divided
among the stockholders as
so far as
given, the number of acres sold in the first four months follows, being 8 4-10 per cent of the principal:
©1,1878 an<* 1877, the total sold by each company to May 1, and
Amount of Btock.
Dividend.
the average price
generally for this year’s sales:
Jas. S. King A Sons
$412,150
$35,620
was
.
.
..
...
c
r
;
.
a,
»•,
•
.,
Tot sold
.
Illinois Central.
Denver Pacific
«**
....
4 mos.
1878.
4 mos.
1877.
3.515
15,752
2,326
792
by Co. to
May 1.
2,311,688
Av.price
per acre.
$10 00
5 35
J K. Gapen
126,182
.......»•••••**••.......
8olomonClaypool.
;...
178,962
Claypool A Buetcham.........4......
9,351
Total
$726,586
10,594
15,032
785
THE CHRONICLE.1
550
[Vol. XXVL
OOTTON.
Friday, P. M., May 31, 1878.
by our telegrams-
The Movement of the Crop, as indicated
from the South to-night, is given below.
For
this evening (May 31), the total receipts
the week ending
have
reached 18,220
May 31, 1878.
bales, against 19,732 bales last week, 20,097 bales the previous
A close holiday Thursday and a heavy rain-storm the last two week, and 24,252 bales three weeks since, making the total
receipts since the 1st of September, 1877, 4,196,104 bales, against
days have interrupted trade, and . the business of the week is 3,905,643 bales for the same period of 1876-7, showing an increase
without important feature, except the marked decline in bread- since Sept. 1, 1877, of 290,461 bales. The details of the receipts
stuffs, details of which are given in our special report on another for this week (as per telegraph) and for the corresponding weeksof five previous years are as follows:
page. An auction eale of domesttc cotton goods was attended
1875.
1874.
1876.
1877.
1878.
with a good degree of success. But general trade has entered Receipts this w’k at
2,384
5,523
4,501
1,996
upon the period described as “between seasons/* and no revival of New Orleans
3,561
445
943
838
328
960
activity can be expected till towards the close of July. Crop Mobile
913
499
2,058
1,369
297
Charleston
prospects are generally steady.
185
63
386
Port Royal, &c
.The recovery in the market for pork, noted in our last, has
2,041
1,878
1,326
1,389
3,317
Savannah
285
915
continued though without much activity or buoyancy. Recent Galveston
411
1,002
1,634
95
39
133
2
sales of mess for future delivery include June at $8 90 and Indianola, &c
2,127
2,333
3,109
2,266
3,577
August at $9 15, but held higher at the close. Lard has also Tennessee, &c
14
7
5
6
ruled rather firmer and closed at $6 72£@6 75, spot, June and Florida.
378
309
189
398
526
July, $6 82£ for August, and $6 70(®6 72$ for all the year. North Carolina
1,921
3,987
1,382
2,192
Bacon is more firmly held at 5c. for Western long and short clear Norfolk
3,118
41
31
96
121
842
together. Cut meats have favored holders, except pickled rib City Point, &c
bellies, which have sold largely at 4£@5£c. for heavy and light
11,789
17,203
13,810
9,669
18,220
Total this week
weight. Tierce beef has been taken freely for export, but the
close is quiet. Butter and cheese have materially declined under
Total sinceSept. 1. 4,196,104 3,905,643 4,018,014 3,408,425 3,714,006
the large production and pressure to sell.
Tallow closes rather
Cipuxta 1U1 lUC VYCCJEL CUUlUg
CYCmug icotu a lAJLtll Ui
more steady at 7c. prime.
Stearine has been active at 7£c. for
prime. The following is a comparative summary of aggregate 14,683 bales, of which 13,821 were to Great Britain, none to
France, and. 862 to rest of the Continent, while the stocks as
exports of hog products from November 1 to May 25, inclusive :
Decrease. made up this evening are now 285,303 bales. Below are the
1877-78.
1876-77.
Increase.
stocks and exports for the week, and also for the corresponding
Pork, lbs
40,961,400
88,168,600
2,777,800
COMMERCIAL EPITOME.
Friday Night,
....
....
...
XUt5
Bacon & cut meats,
Lard, lbs
310,643,3.J8
lbs. 408,074,355
143,355,835
230,073,301
97,431,027
week of last season:
86,717,466
small. Of
Kentucky, the sales are only 400 hhds., of wi ich 300 for export
and 100 for home consumption. Prices are barely steady; lugs,
2£@4£c., and leaf 5J@13c. Of seed leaf, the sales for the week
are only 807 cases, as follows- 200 cases 1876crop, New England,
ll@25c.; 160 cases 1876 crop, Pennsylvania, p. t.; 190 cases 1877
crop, Pennsylvania, p. t.; 247 calfes 1376 crop, Ohio, 7£c., 10c. and
p. t., and 90 cases 1877 crop, Ohio, 7£c.
The movement in
Spanish tobacco was about as usual, covering 500 bales Havana
in the range of 80c.@$l 10.
The business in Brazil coffee has latterly been quite limited,
yet no important changes in prices can be noted, though the tone
is only barely steady.
Fair to prime cargoes of Rio are quoted at
16K®17ic., gold.
Stock here on the 29^h inst., 56,126 bags.
Mild grades have sold fairly and at steady figures.
Late sales
include : 9,200 mats Java, 5,173 bags Maracaibo, 7,157 bags
Lagnayra, 273 bags Costa Rica, 312 bags Savanilla, 220 bags St.
Domingo, 721 bags African, in lots for consumption within our
range.
Rice has a steady jobbing sale at late prices.
Foreign
is rather weak, owing to increased arrivals ; Cuba
.
molasses
5C-test refining,
35c. New Orleans is steady, with fa r jobbing sales, at 27@48c.t
the latter price for choice.
Refined sugars are in moderate sale
and about steady; standard crushed, 9|c.
Raw grades have
Bhown weakness; the importations are liberal, with a consider¬
able portion direct to refiners, thus restricting a demand from
that source; fair to good refining Cnba quoted at 7£@?£c.
May 1, 1878.
Receipts since May 1, 1878
Sales since May 1. 1878
Stock May 1, 1878
Stock May 81, 1877
Stock
Bhds.
Boxes.
29,053
12,941
4,546
4,804
12,686
14,007
76,336
;
55,794
49,595
64,6t 2
Bags.
33,114
142,833
62,775
113,222
174,874
EXPORTED TO—
Week
492,182,763
679.109,066
1&6,?26,293
The movement in tobacco has been comparatively
Total, lbs
Melado.
271
2,905
2,451
725
ending
Great
May 31. Britain.
N. Orl’ns
Conti¬
France.
7,727
•
•
*
nent.
189
•
this
Week.
....
....
....
7,916
....
....
Charl’t’n
Savan’h.
1,273
Galv’t’nN. York.
918
....
2,681
....
....
Norfolk-
....
1,222
....
13,821
....
.
830
70
....
918
....
2,681
....
....
673
1,895
862
14,683
Tot. this
week..
....
3,273
....
1878.
23,128
....
....
STOCK.
Same
Week
1877.
’
Mobile..
Other*..
Total
....
10,119
....
1,643
1877.
80,281 130,635
7,389 19,606
4.420
6,238
5,901
5,481
til,514 25,563
145,829 185,281*
4,971
6,933
25,000 34,000
35,790 285,303 413,737
*
Tot.since
Sept. 1. 2045,651 481,975 662,374 3190,000 2836,779
The exports this week under the head of ••other po
*
10 bales fo Liverpool and 678 bales to Continent;
Liverpool; from Philadelphia, 692 bales to Liverpool.
t By actual count.
more,
from Boston, 520 bales to
-
,
exports, our telegrams to-night also give
the' following amounts of cotton on shipboard, not cleared, at
the ports named.
We add also similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale A
Lambert, 60 Beaver street:
On Shipboard, not cleared—for
In addition to above
us
May 31, at—
Liver¬
pool.
New Orleans
Mobile
Savannah
Galveston
New York
:
France.
Other
Foreign
Coast¬
wise.
Leaving
Total.
16,250
2,400
9,250
1.750
2,500
29,750
None.
None.
800
3,200
None.
None.
None.
1,300
1,300
4,596
2,613
None.
None.
239
None.
2,208
None.
4,835
4,821
Stock.
50,500
4,189
4,601
6,679
141,008
berth and charter-room, have been quite
43,906 206,977
4,839
3,958
9,250
25,859
Total.
slightly irregular, but in the main
From the foregoing statement it will be seen that, compared
satisfactory figure* have been current. Late engagements and
charters include : Grain to Liverpool, by steam, §d. per bushel ; with the corresponding week of last season, there is an decrease
cotton, id. per lb.; provisions, 30@40s. per ton ; flour, 2s. 9d. per in the exports this week of 21,107 bales, while the stocks to-night
bbl.; grain to London, by steam, 9d.; flour, 2s. 6(1.; bacon, 35s.; are 128,434 bales less than they were at this time a year ago. The
grain, by sail, 8d.; flour, 2s.; grain to Bristol, by steam, 8f@9d.;flour, following is our usual table showing the movement of cotton at
1 to May 24, the latest mail dates:
by sail, 2s 4d.; grain to Glasgow, by steam, 8£d.; flour, 3?.; cheese,
40s.; grain to Antwerp, by steam, 9d.; do. to Hull,by steam, 9}d.;
EXPORTED SINCE SEPT. 1 TO—
RECEIPT8 SINCE
Stock.
do. to Cork for orders, 5s. *9d.@5s. 10£d. per qr.; do. to direct Irish
SEPT. 1.
Other
Ports.
Great
Total.
France. Foreign
port, 5s. 4d.; do. to Copenhagen, 5s. 9d; do. to Bristol Channel,
1876.
Britain.
1877.
5s. 6d.@5s.7d.; do. to Bayonne, 6s. 3d.; residuum to direct port in
83,164
United Kingdom, 4s. 3d.; refined petroleum to the Baltic, 4s. 7£d.; N.Orlns 1353,525 1164,786 765,401 313,829 299,074 1378,304
8,377
161,347
31,566
26,146
do. to London, 3s. 9d ; do. to Bremen, 3s. 4£d.@3s. 6d.; do. from Mobile. 407,443 354,889 103,635
5,276
303,397
103,584
70,355
Philadelphia to Antwerp or Bremen, 3s. 6f i. To-day, business Char’n* 455,175 465,867 129,458
6,465
351,346
138,748
was of very fair proportions and rates generally steady; corn
36,351
176,247
466,869
581,442
Sav’h..
10,999
218,777
firm. Grain to Liverpool, by steam, 8@8£d ; do. to London, by Galv.*. 437,400 497,658 180,515 26,971 11,291
steam, 9£d.; do., by sail, 8d.; do. to Glasgow, by steam, 9d.; do. N. York 139,835 119,496 302,635
5,468 36,092 344,195 149,808
to Copenhagen, 6s. l£d. per qr.; do. to the Bristol Channel, 5s. 6d. Florida
20,361
14,199
@6«. 7£d.; do. to Rotterdam, 5s. 7£d.; refined petro’eum to the N. Car. 140,343 127.434 35,007 1,780 19,890 56,677 1,096
6,387
Baltic, 4s. 74d.@4s. 9d.; do. to Antwerp, 3«. 8id. ..
. ,
2,929 158,688
1,075
Norf’k* 494,199 541,496 154,684
Ocean freights, both
*
<#*■
active ; at times rates were
■
.
......
•••*•«
better business has been noted, Other.. 154,323 137,118 184,248
18,338 202,586 23,000
mostly on export account. Rosins are now quoted quite firmly at
2031,830|481,975^661,512 3175,317 294,572
41 45@$1 524 for common to good strained, and spirits turpen¬ Thisyr. 4177,884
tine at 294c. bid and 30?. asked. Petroleum also has shown
3895,974 1977,190 426,183 397,616 2800,989 453.249
Lastyr..
of
more activity at improved prices: crude.in bulk, 7£@7£c.r refined,
Unaer the head of Charleston Is Included Port Koyal, Ac.: under rhe headin bbls., at 114c. bid, for prompt deliveries.
Steel rails are very Galveston is included Indianola, Ac.; under the head of Norfolk is 1: cluied City
'
.
,
. *
firm, with the production well sold ahead ; quoted here at $44 ; Point, Ac.
These mail returns do not correspond precisely with the total
sales of 10,000 tons for California consumption, fall delivery, on
of the telegraphic figures, because in preparing them it is
private terms. Ingot copper was again quiet, but about steady
necessary to incorporate every correction made at the ports.
it 10£@164c. for Lake. Whiskey nominal at $1 03, tax paid.
<
In naval stores a somewhat
.
•
'
always
9
0
.
.
0
0
6
.
2
00069
7.0.1
4
1
.0000799..5411 20.‘
June
THE" chronicle.
i, 1878.]
0
1
.
7
0 1
For August.
Bale*.
Cts.
1145
11-46
.11*47
11*48
11*49
11*50
11*51
5,000
There has been during the past week a larger business than
usual in cotton on the spot, although yesterday was a close holiday
The demand has been mainly for home consumption, owing no
doubt to the concentration of stocks at this point, and also to
this market more attrac
tive to buyers of spot cotton.
Nearly one-half of the cotton
remaining in this country is now in our warehouses, and most o ;
some
extent, probably, to efforts to make
New Orleans.
the remainder is at
)
There was an'advance of 1-16c.
i
Tuesday, and to-day there was an irregular advance as follows
Ordinary advanced 7-16c.; strict ordinary, good ordinary, strict gooc
on
ordinary and low middling advanced 3-16c. Other grades l-l6c.
Middling stained advanced fc. ,low middling £c., strict good ordinary
■Jo., good ordinary f c. The market was officially reported quiet, but
it was privately asserted that 3.000 bales were sold for the Conti¬
nent.
For future delivery, the market opened quite buoyantly
for the next as well as this crop, and in the course of Saturday
and Monday an advance of 7 to 11 points was established. It was
notable that the least improvement was in July and August, when
stocks may be naturally expected to be at the lowest point. The
favorable crop reports had no effect upon the next crop, because
the reduced, visible supply seems to indicate that any probable
increase in the yield will not create a surplus.
Foreign advices
have been pretty generally favorable, yet Tuesday was weak and
0. 2 91345 .061
Wednesday irregular and variable, closing, however, quite strong
Yesterday, our exchange was closed. To-day, Liverpool reported
an active and firmer market, and the advance here was 8(3)11
11*54
1155
11*56
500
11*57
700
48,200
2.000.
The
10*87
300
10 89
11*60
1,700
10*92
10*93
300
500
WX)
800
600
700
10-94
10*95
10 96
10*97
10 98
10 99
1,200
n-00
200
200
100
900
10*89
200
200
10*92
For March.
,11*06*
100
500
100.
300
700
800
800
200
300
600
2r0
100
100
.11*02
11*03
200
*
10*77
10*79
10*80
10*82
10*83
10-84
10 85
10-88
500
200
11*04
.
10-89
10-90
0,030
For November.
100
10*77
200
10*79
200
10-80
11*11
11-L8
11*13
April.
11*13
11*14,
11*15
1,200
•
10,500
li-io;
For
100.
160
200
10*87
1,100
11*09
"b500
.....10-88
100
10*99
...11*0011*03
603
For December.
100
10*76
1,700
February.
..‘0*91
7,900
11*01
300....
11*15
1116
11-17
11*18
11*19
....11*20
11*21
11*22
For
10*88
10*90
1,000
....10*98
500
.
100
200
100
1300.
11*14
..
cta.
10*95
100.
2300...... :..:o*90
11*59
11*11
11 12
11*13
Bales. ’
100.*
1,000
For October.
10*91
1,100
1,300
11* 8
11*29
200
11* !0
Cta.
10*81
10 82
10*83
...10 85
600..........10*86
2200
10 87
200...;......11*27
11*58
100
3 600
11*26
200
500.
For September.
900
11*09
4,800
4,900
11*25
600
66.600
2,100
600
800
300.
11*53
2,200
"
Bales.
500.
Cts.
11*23
11* *4
*...
1,100
3,900.....
For January.
.10*91
10*92
100....;
10*94
100
100
11*1®
11*18
....11*20
11*21
11*22
100
300
400
100
2,530
following exchanges have been made during the week:
*04 pd to exch 100
July for Aug.
| *01 pd to exch 100 June, reg., for s.n. 1st.
The
following will show the closing prices bid for future
delivery, and the tone of the market at three o’clock P. M., on
the greatest strength was derived from the course of prices of
cotton on the spot.
The total sales for forward delivery for the week are 215,400
MIDDLING UPLANDS—AMERICAN CLASSIFICATION.
free on board. For immediate delivery the
total sales foot up this week 7,741 bales, including 548 for
export, 5,934 for consumption, and 1,259 for speculation.
Of
the above, 53 bales were to arrive.
The following tables show
the official quotations and sales for each day of the past week:
bales, including
—
UPLANDS.
Saturday, May 25,
to Friday, May 31. Sat.
8%
9%
9%
Strict Good Ord... 10%
Low Middling
10%
Strict-Low Mid
10%
11%
Middling
Good Middling.... 11%
Strict Good Mid... 1U316
Ordinary
$ B>.
Strict Ordinary...
Good Ordinary.
..
Sat.
Mon Sat.
10%
10%
8%
9%
9%
10%
10%
8%
9%
9%
10%
10%
10%
10%
10%
10%
11%
11%
11%
11%
11%
11%
8%
9%
9%
10%
-
$ lb.
Strict Ordinary. ^
Good Ordinary....
Strict Good Ord...
Low Middling
Strict Low Mid....
Sat. Mo®.
8%
8%
9%
9%
9%
9%
9%
9%
9%
10%
9%
10%
10%
10%
11
11
10%
10%
11
11
11%
11%
11%
11%
11%
11%
11%
11%
8%
Middling Fair
Fair
12%
12%
12%
12%
12%
12%
Th.
Fri.
12%
12%
Tli.
Fri.
Ordinary.....$ lb.
9
Good Ordinary....
Strict Good Ord...
Low Middling.
Strict Low Mid....
10
10
10*2
10%
10*2
10%
Btrict Ordinary...
&
id
a
o
u
Middling....
Middling Fair.
$
11*16
12%
12%
12%
13
13
12%
13
13
Tin.
&
11*16
S3
11*4
1188
•H
i—H
11*4
118s
o
w
o
K
11*516
!2*i6
121518
121^6
Fair.....
12
Frl.
9*2
H1516
12*16
.
12
9
9*2
Middling....
Tli.
Frl.
9*8
95b
10*8
9*8
950
10*8
105s
105s
I
11
Sat*
Good Ordinary
Btrict Good Ordinary
low Middling
$ lb.
11316
11%
11%
o
w
11%
12*16
129j6
13*16
13*16:
g!?l6
95j6
Mon Tues Wed
85s
9%
g®l6
9B16
Tli.
Frl.
85s
9
Holi¬
9%
9%
10%
9*2
10
day.
10%
Sat. Steady
Mon.. Firm..:.....
Tues.. Firm, higher.
Wed.. Firm
.
Con- Spec- Tran¬
port. sump ul’t’n sit. Total.
Tlmrs
Quiet
FUTURES.
Ex¬
100
110
...
200
662
327
201
225
492
Deco ratio
1,253
1,073
1,380
1,566
.
n
14
Deliv¬
eries.
Sales.
1,089 36,000
1,564 49,800
1,298 49,700
2,010 32,500
Da y—Hoi iday
1,780 47,400
...
200
900
900
’*
'500
Total.....;
548 5,934 1,259
7,741 215,400 2,500
> For forward
delivery, the sales (including
tree on board)
have reached during the week 215,400 bales
(all middling or on
the basis of middling), and the
following is a statement of the
Bales and prices:
For May.
ct*.
.;»00 8n.28th 11-30
,100.
: 100.
For Jon*.
Bales*.
Cta
BOO....
11*32
11-38
..:,
800
600
...11*36
.000.-.,,.....11-87
100..........u-33
oOO.w........ U*41
; ,^100.,........ .11*42
100 i.
...11*43
.
2,400
Pales.
.<
-
1,700
800.
....
..1133
1V35
......
April
Transfer orders
Closed-
Steady.
Gold
101
Exchange
100%
4*83%
4*83
Tues.
Lower.
11*37
11*39
11*46
11*50
11*15
10*94
10*84
10*82
10*91
10*99
11*06
11*15
11*40
Dull.
11*43
11*49
11*53
11*18
10*98
10*87
10*87
10*95
11*02
11*10
11*20
11*45
Steady.
101
101%
4*82% 4*81%
1878.
...11*45
200.,
-
...11*84
1V35
Cts.
11*44
11*46
.......11*47
..
11*36
11*37
1,400
500..........11*88
1,700
1139
11*40
11*41
100
...11*41 !
1.800.. ....*...11*42
.,11*43
.
11*48
500
100.. .......11*49
20,900*
For July.
1,300
..11*42
1,000
1.200,
4,700..
11*43
.<..11*44
.
;;...1T45
Stock at Liverpool
Stock at London
Wed.
Thurs.
-
Fri.
Irreg. Closed. High’r.
11*41
11*41
11*47
11*50
11*16
10*94
10*82
10*81
10*89
10*99
11.07
11*17
11*45
Dull.
11*53
11*59
11*63
11*33
11*06
10-94T
10*93
11*00
11*07
11*16
11*2611*55
I
101%
4*81%
Total Great Britain stock
Stock at Havre...
Sfock at Marseilles
Stock at Barcelona...
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other continental pts.
Pa’es
..
6,400.
7,100
10,100. ;.
3,300
....
..
ct«.
11*46
11*47
11*48
.11*49
...11*50
....11*51
1.500
11*52
600
11*53
11*54
1,000
600.........;ll*55
1,200*.....,*..11-55
100..........11*57
47~900~'
6,500
46,000
ports....
14,000
61,000
7,500
15,000
44,500 ;
60,750
12,000
6,500
20,000
72,750
62,750
11,750
6,750
17,000
436,750
Total European stocks.. ..1,314,750
India cotton afloat for Europe. 192,000
Amer’n cotton afloat for Eur’pe 227.000
Egypt,Brazil,&c.,aflt for EVpe
Stock in United States ports ..
Stock in U. S. interior ports..
United States exports to-day..
970,000
102,000
878,000 1,204,500 1,108,500 1,072,000
233,000
223,250
133,750
156.250
.
Total continental
1877.
866,000 1,155,000 1,051,000
12,000
49,500
57,500
.
8,000
89,750
9,000
85,750
14,250
14,250
54,750
58,250
17,250
18,750
23,250
42,250
43,000
10,000
—
—
484,250
468,000
4,500
14,000
...
■■■■■■
.
——■,
379,000
1,688,750 1,576,500 1,451,000
360,000
227,000
29,000
19,000
285,303
23,912
1,000
413,737
39,289
-
6,000
368,000
220,000
32,000
392,448
586,000
279,000
68,000
54,806
7,000
35,859
2,000
288,161
Total visible supply.hales.2,062,965 2,763,776 2,650,754 2,710,020
Of the above, the totals of American and other descriptions are as
follows:
American—
Liverpool stock
668,000
Continental stocks
American afloat to Europe
United States stock
United States interior stocks..
United States exports to-day..
373,000
—
SALES OF SPOT AND TRANSIT.
SPOT MARKET
CLOSED.
Bale*.
January
11*38
11*49
11*53
11*16
10*94
10*83
10*83
10*90
10*97
11*06
11*16
11*40
Firm.
.
MARKET AND SALES.
.
October
November..
December
11316
S3
11%
9%
9**16 9**16
10516 105i6 10%
Middling....;.
Fri.
11*32
11*42
11*45
11*09
10*86
10*76
10*76
10*85
10*92
11*00
11*10
11*35
July
August
September
11
STAINED.
.
June
February
Mon.
ke ifi?.
S& Ike 105,6.
Ike ike Sfe.
lOiiie 1©?. ©?. lOiiie Will6 ■SfiS.
101516 101516 1015i6 1015i6 11*16
iSs a Si6
113i6 11316 H3i6 11316
H»16 119i6 n»i6 U»16 like mile
11%
11%
11%
11%
Middling
Strict Good Mid.
Mas*
Sat.
Higher. Higher. Higher.
11*30
li*36
11*41
March
8%
.
Fri.
Market-
10% 6
Good Middling.. .
Strict Good Mid...
Good
Mon
like
Fair
Ordinary
Mon
TEXAS.
ALABAMA. N. ORLE’NS
the several dates named:
The Visible Supply of Cotton, as made up by cable and
is as follows. The Continental stocks are the figures
telegraph,
1H316 111316 H1316 1115i6 H*b16 111B16 H*b16
of last Saturday, but the totals for Great Britain and the afloat
125i6 125,6 12516 12%6
ll
1213*6 121316 1213J6 121316
for the Continent are this week’s returns, and consequently
Tues Wed Tues Wed Tues Wed Tues Wed brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (May 31), we add the item of
81!16 Si1*®
81*16 exports from the United States, including in it the exports of
ghe
g?l6
g?i6
Si1*6
9°16
0Jl6
Friday only:
91*16 91^6
9i5i6
1876.
1875.
Middling Fair
•
11*52
8.JOO
5,400
3,400
9.900
! Bales.
were, however, already too much above the parity
of that market to fully respond to the improvement there, and
We
points.
0
7,400
551
227,000
285,303
23,912
1,000
Total American
bales.1,578,215
East Indian, Brazil, dc —
Liverpool stock
London stock
Continental stocks....
India afloat for Europe
Egypt, Brazil, &c., afloat
Total East India, &c
Total American
Total visible
Price Mid. Upl.,
626,000
335,000
220,000
413,737
392,448
39,289
54,806
7,000"
6,000
*585,000
197,000
-
279,000
288,161
35,859
2,000
1,830,026 1,635,254 1,387,020
198,000
12.000
412,000 425,000
49,500 # 57,500
83,250
133,000
360,000 368,000
29,000
32,000
,
63,750
192,000
19,000
743,000
401,000
227,000
.
385,000
102,000
182,000
586,000
68,000
933,750 1,015,500 1,323,000
484,750
1,578,215 1,830,026 1,635,254 1,387,020
supply
2,062,965 2,763,776 2,650,754 2,719,020
63ied.
Liverpool....,
5%d.
6d.
7l3ied.
The very
.
large decrease in the American afloat last week
again this week is to us surprising.
We give the figures as
cabled to us, but will have to wait for the mail reports to explain
them. :i
V
. '
: .
'*...These figures indicate a decrease in the cotton in sight to-night
of 700,811 bales as compared with the same date of 1877, a
decrease of 587,789 bales as compared with the corresponding date
of 1876, and a decrease of 647,055 bales as compared with 1875.
/
At the Interior Ports the movement—that is the receipts
and shipments for the week, and stocks to-night, and for the
and
..
.
T0E fUJRONICLK
552
corresponding week of 1877—is set out in detail in the following
Week ending
May 31, ”78.
Stock.
Receipts Shh>m't8
740
82
1,622
ending June 1, *77.
Week
Receipts Shipm’ts Stock.
213
1,476
5,175
33
451
79
97
102
4,289
5,364
129
21,497
3,035
21
605
204
1,812
2,126
3,619
4,901
1,347
*1,495
2,278
1,699
11,400
Nashville, Tenn..
204
438
792
683
45
Total, old ports.
3,982
8,380
23,912
1,099
7,698
39,289
Dallas, Texas....
20
30
75
218
597
85
200
1
28
213
201
13
20
3
351
10
60
121
811
235
7
72
160
851
1,020
39
272
43
Augusta, Ga.....
Columbus, Ga....
Macon, Ga
Montgomery, Ala
Belma, Ala
Memphis, Tenn..
Jefferson, Tex.
Shreveport, La
Vicksburg, Miss.t
Columbus; Miss..
Eufaula, Ala
Griffin, Ga.
v
'
-
..
233
422
350
19
155
4
127
519
260
..
40
201
300
182
565
443
37
362
31
374
2,556
2,045
692
1,296
215
699
136
....
214
125
1,788
1,674
113
141
986
398
1,075
4,439
1,898
5,368
4.932
5,216
2,458
4,572
1,973
10,295
10,855
7,465
10,347
15,113
3,609
8,233
28,497
11,447
18,727
39,025
4,708
t Estimated.
15,931
67,786
Charlotte, N. C...
St. Louis, Mo
Cincinnati, O
Total, new p’rts
Actual count.
*
23
62
1,109
Atlanta, Ga
Bome, Ga
Total, all
251
405
.
896
286
•
The above totals show that the old interior stocks have
decreased during the week 4,898 bales, and are to-night 15,377
bales less than at the same period last year.
The receipts at the
towns have been
2,883 bales
more
than the
same
week last
year.
Receipts from the Plantations.—Referring to our remarks
in a previous issue for an explanation of this table, we now bring
the
figures down one week later, closing to-night:
RECEIPTS
Week
ending—
Mar.
2.
Receipts at the Ports.
1876.
“
12.
44
19.
44
26.
88,215
78,380
65,441
62,933
59,912
55,804
41,620
30,920
29,858
May 3.
26,002
44
9.
“
1ft
44
23.
44
30.
April 5.
44
10.
44
17.
“-24.
44
'
81.
1677.
68,615
50,742
44,537
32,366
30,397
26,287
21,183
18,010
26.641
16,560
1878.
26,411
17,309
19,995 16,288
16,330 12,147
18,810 9,669
94,349
90,947
62,264
75,723
65,470
59,686
51,391
89,016
38,856
31,196
24,252
20,097
19,732
18,220
PROM
195,596 173.178
194,465 169,291
177,351 165,747
168,280 158,011
145,001 151,199
132,495 140,649
130,164 133,363
127,296 128,411
120,826 117,074
115,076 107,534
106,301 97,696
99,966 86,376
92,916 79,009
87,711 67,786
Rec’pts from Plant’ns
1876.
1877.
210,935
83.248
192,465
169,636
146,653
131,795
tl9,991
108,633
95,979
89,142
75,550
65,770
56,433
77,249
48,327
48,862
41,633
43,295
68,315 78,599
46,855 72,477
40,993 59,435
24,660 52,740
23,555 50,612
15,737 48,082
13,897 40,033
13,058 26,362
15,304 32,019
7,020 17,604
7,471 14,472
4,968 10,760
46,305
39,025
9,230
8,ti05
1878.
39,289
28,052
23,388
20,252
17,666
13,660
4,7c0
..
1878.
9.604
10,940
618.661 330,751 711,399
502,809 286.613l523.739
This statement shows us that although the receipts at the ports
the past week were 18,220 bales, the actual from plantations
Total.
’
were
only 10,940 bales, the balance being drawn from stocks at
Last year the receipts from the plantations
were
bales, and for 1876 they were 8,605
the interior ports.
for the same week
bales.
*
A few days more of dry weather will place crops
beyond present danger of grass. The thermometer has ranged
from 90 to 66, averaging 78.
We have had a rainfall of one inch
and thirty hundredths.
Vicksburg, Mississippi.—The thermometer has averaged 78, the
highest point touched during the week haying been 92, and the
lowest 65.
It has rained on one day, the rainfall reaching fortyeight hundredths of an inch. Cotton and com look very promising.
Columbus, Mississippi.—There has been no rainfall here during
the week.
Little Bock,
Arkansas.—The past week has been dry and
pleasant, excepting a light rain on Sunday morning. Crop
prospects show an improvement with the dry weather. The river
has created considerable uneasiness during the week, but is now
receding without doing any damage. Average thermometer 74,
highest 87 and lowest 62. We have had a rainfall during the
week of fifteen hundredths of an inch, and during the month,
eight inches and nine hundredths.
Nashville, Tennessee.—During the week just closed the days
have been warm but the nights have been cold. It has rained on
three days, the rainfall reaching forty-five hundredths of an inch.
The thermometer has averaged 74, the highest being 84 and the
lowest 64.
has rained
on
three days of the week,
the rainfall reaching sixty-three hundredths of an inch, but the
balance of the week has been pleasant.. Good progress is being
made in clearing the fields of weeds, and the crop is developing
promisingly. There is less cotton and more com planted this
year than last.
Average thermometer 76, highest 91, and
lowest 62.
Our last week’s telegram should have read — rain on three
with a rainfall of one inch and forty-six hundredths.
days,
Ther¬
average 77.
Mobile, Alabama.—We have had
Stock at Inter’r Ports
1877.
cultivation.
mometer—highest 86, lowest 63, and
PLANTATIONS.
1876.
Shreveport, Louisiana.—The prospects for heavy crops con¬
During the early part of the week the crop was
severely threatened by the heavy rain, which greatly retarded
tinue favorable.
Memphis, Tennessee.—It
■
same
PTol. xxvi.
•
*
by Telegraph.—Our reports this week
everywhere favorable. At the points where excessive rain
was complained of last week, the weather has been since then
satisfactory, and the general statement now is that the crops are
doing well and at many points unusually well. In lower Texas
cotton is very forward and first bales are expected early in July. ‘
Galveston, Texas.—We have had showers on two days this
week, the rainfall reaching thirty hundredths of an inch. The
thermometer has averaged 80, the extremes having been 67 and
88. -The crop is developing promisingly, the best for twenty
Weather Reports
are
years. Blooms and bolls are abundant. Com, wheat and fruit
are excellent.
The rainfall during the month of May has been
three and
ninety hundredths inches.
Jndianola, Texas.—It has rained (showers) on two days, the
rainfall footing up eighty-six hundredths of an inch. Crops are
magnificent and the season is unprecedentedly early. Will prob¬
ably have a few bales of new cotton the first week in July.
Average thermometer, 79; highest 86, and lowest 68. We have
had a rainfall during the month of three inches and eighty-three
a heavy rain on one day
the
remaining
six
days have been pleasant.
during the week, but
The crop is developing finely.
Average thermometer 80, highest
97, and lowest 68.
The rainfall for the week is
one
inch and
thirty-two hundredths.
Montgomery, Alabama.—We have had delightful showers
during the week, and the indications are that they extended over
a wide surface.
It has rained on three days, the rainfall reaching
one inch and fifty-nine hundredths, but the rest of the week has
been pleasant and warm.
The thermometer has averaged 78, the
highest point touched having been 94, and the lowest 66. The
crop is developing promisingly.
Selma, Alabama.—It has rained during the week on two days.
The thermometer has averaged 78. The crop is developing prom¬
isingly.
Madison, Florida.—We have had rain on two days this week,
the rainfall reaching two inches and sixty hundredths. The
thermometer has ranged from 80 to 70, averaging 75.
Macon, Georgia.—Rain has fallen on one day, the rainfall
reaching thirty-three hundredths of an inch. The thermometer
has averaged 79, the extremes having been 72 and 96. The
weather and crop prospects continue very favorable.
Columbus, Georgia.—It has been showery two days of the week,
the rainfall aggregating fifty-six hundredths of an inch.
The
thermometer has averaged 81, The cotton plant looks strong
and healthy.
Savannah, Georgia.—We have had a very light rain on one day.
this week, the rainfall reaching four hundredths of an inch. The
rest of the week has been pleasant, the thermometer ranging
from 68 to 98, and averaging 83.
Augusta, Georgia.—The weather during the week has been
pleasant. We have had delightful showers on two days, the
indications being that they extended over a wide surface.
The
crop is developing promisingly and accounts are more favorable.
Average thermometer 84, highest 100 and lowest 64. The rainfall
for the week is forty hundredths of an inch, and for the month.
four inches and twenty hundredths.
Charleston, South Carolina.—Rain has fallen on two days of the
week (showers), the rain fall reaching four inches and seventy four hundredths.
Average thermometer 79, highest 94 and low¬
*
est 69.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
May 30. We give last year’s figures (May 31, 1877,) for com¬
parison:
May 30 ’78.
hundredths.
Feet. Inch.
Corsicana, Texas.—We have had a rainfall during the week New Orleans
Memphis..
(rain on one day, bard) of one inch and forty-seven hundredths. Nashville
We are having too much rain. No serious damage has been done,
Shreveport...
but dry weather is wanted. Average thermometer, 77; highest Vicksburg
91, and lowest 61. The rainfall for May is five and seventy-five
New Orleans
May 31,’77.
Feet. Inch.
4*
0
Above low-water mark...
5
9
3
Above low-water mark...
Above low-water'mark...
20
38
6
21
40
Below
high-water mark
..
Above low-water mark...
25
2
4
3
21
8
11
4
0
10
reported below high-water mark of 1871 until
Sept.
9,
1874,
when
the zero of gauge was changed to high-water
Dallas, Texas.—Rain has fallen on one day to a depth of mark of
April 15 and 16, 1874, which is 6-10ths of a foot above
ninety-five hundredths of an inch. All crops are prosperous. 1871, or 16 feet above low-water mark at that point.
Average thermometer, 76 ; highest 90, and lowest 60. The rain¬
fall during the past month has been four inches.
Comparative Port Receipts and Daily Crop Movement.—
Brenham, Texas.—We have had a splendid rain this week on A
comparison of the port movement by weeks is not accurate,
two days, just as needed.
Crops are the best ever known. The
the weeks in different years do not end on the same day of the
as
thermometer has averaged 82, the extremes being 74 and 91.
The rainfall during the week has been two inches, and during the month.
We have consequently added to our other standing
month three inches and thirty-six nundredths.
tables a daily and monthly statement, that the reader may con¬
New Orleans, Louisiana.—It has rained on one day of the week,
with a rainfall of ninety hundredths of an inch. Average ther¬ stantly have before him the data for seeing the exact relative
hundredths inches.
■
mometer 79.
The rainfall for the month of
twenty-five hundredths.
May is ten inches and
named. First we give the receipts
the week ending to-night.
movement for the years
each port each day of
at
",
•
:fr.-s
'
.
.
.
: •
v
'-i '
Jtrfnrl,
D’ys
of
we’k leans.
Mo¬
Char¬ Savan¬
bile.
leston.
nah.
25, ’78, TO FRIDAY
Gal¬
veston.'
Nor¬
folk.
All
ming¬
others.
ton.
836
283
37
442
197
303
1,219
412
37
302
266
925
150
80
Tues
569
44
85
416
293
611
Wed
200
142
37
633
333
486
Thur
FrL.
178
42
60
991
382
559
37
41
533
163
Tot’l
3,561
960
297
3,317
1,634
The movement each month since
Year
iauuuiijr
1877.
Septhnb’r
October..
Novemb’r
December
January.
February.
March...
April..
-
.
96,314
May
810
3,058
831
4,072
111
671
8
1,353
503
290
24
373
2,800
3,192
2,553
9
913
3,118
382
Sept. 1 has been
1875.
236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,194
68,939
Total
4,951
as
.
2,545
18,220
follows:
1874.
169,077
610,316
,
740,116
821,177
637,067
479,801
300,128
163,593
92,600
since
January 1 shows a decrease in shipments of 87,000 bales,
compared with the corresponding period of 1877.
Gunny Bags, Bagging,
Etc.—Bagging has not changed in
price during the week, and the enquiry is still light, though
there is more disposition shown to
operate, and holders are steady
in their ideas regarding
price, and still ask 94c. for light weight,
and 10@10£c. for standard
qualities. The feeling among dealers
is that an active market mav be looked for
in, the near future.
Butts still continue to rule quiet in a
large way, though a fair
trade is doing for small lots for present wants. The
market^ is
steady at 2 ll-16@2£c., according to quality and terms.
Cables
just to hand report an increased activity in Calcutta, with advanc¬
ing prices, coupled with a large demand for England. Stocks in
New York at this date about
16,500 bales, and in Boston, 794
The Exports
of
Cotton from New York this week
ahq#^a
decrease, as compared with last week, the total reaching
2,681
184,744 bales, against 8,845 bales last week. Below we
give our ucrual
444,003 table showing ^the exports of cotton from New
York, and their
530,153 direction, for each of the last four weeks; also the total
exports
524,975 and direction since Sept. 1,1877; and in the last column the total
1873.
134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
81,780
553
bales.
Beginning September 1.
1876.
98,491
578,533
822,493
900,119
689,610
472,054
340,525
197,965
31, »78.
MAY
Wil¬
Sat..
Mon
Receipts.
1872.
115,255
355,323
576,103
811,668
702,168
482,688
332,703
173,986
127,346
569,430
462,552
309,307
218,879
173,693
Tot.My 31 4,196,104 3,903,725 4,013,875 3,400,862 3,677,240 3,417,736
Perc’tage of tot. port
96-67
receipts May 31...
95-77
97-25
96-66
93-60
This statement shows that np to June 1 the
receipts at the
ports this year were 292,379 bales more than in 1876 and 182,229
Dales more than at the same time in 1875.
By adding to the
above totals to June 1 the daily receipts since that
time, we shall
be able to reach an exact comparison of the movement for the
different years.
for the
same
period of the previous year:
■sports of CottoM(feales) from New York uses s«st,la 1STT
l I
1877-78.
1875-76.
1874-75]
1873-74.
1872-73.
Tot.Ap.30 4,099,790 3,834,786 3,921,275 3,319,082 3,549,894 3,244,043
Rec’pts—
4,145
May 1....
2,013
3,097
2,501
4,399
4,328
“
2....
44
3....
44
4....
2,707
7,161
2,032
“
5....
“
6....
5,164
“
7....
44
8....
“
9....
“
10....
4,062
3,851
4,257
4,886
2,925
“ 11....
r
44
12....
«
13....
44
14....
44
15....
44
16....
44
44
44
44
17....
18....
19....
20....
44
21....
44
22....
44
44
44
44
44
*
1876-77.
23....
24....
25....
26....
27....
28....
44
29....
44
30....
44
31....
3,561
1,675
3,551
4,906
3,098
4,761
4,512
2,032
S.
S.
4,694
5,243
4,187
2,435
S.
7,008
2,484
4,642
3,478
3,594
2,882
1,794
3,575
S.
2,489
4,324
3,390
3,619
3,232
2,607
2,703
S.
4,167
2,644
2,075
2,895
3,634
1,304
S.
8.
’
’
4,140
S.
2,696
2,915
2,129
5,149
2,927
2,756
894
1,843
2,385
1,171
3,058
8.
4,072
2,800
3,192
2,553
2,545
8.
».
1,503
1,791
1,930
1,504
6,189
2,786
2,902
2,039
3,841
1,775
S.
4,394
2,427
3,856
2,779
2,285
1,519
8.
4,062
1,999
1,552
8/
4,976
7,347
8.
5,874
2,117
2,584
2,948
2,275
6,694
5,570
2,918
3,298
5,915
2,971
8.
5,161
2,945
3,371
8.
9,842
3,378
4,274
3,741
3,415
3,683
4,465
4,311
3,824
8.
3,654
2,130
2,651
1,584
3,429
3,154
8.
9,717
4,672
4,666
3,042
4,728
8.
2,885
3,484
2,166
1,575
2,249
1,875
4,791
8.
1
.
.
8.
2,258
6,415
3,842
4,821
3,922
4,816
2,713
3,090
*
May
Liverpool
Other British Porta
•
Total to Gt. Britain
Total French.
8.
8,160
5,984
4,700
3,658
4,960
4,901
Total
4,196,104 3,903,725 4,013,875 3,400,862 3,677,240 3,417,736
Percentage of total
port receipts
96-67.
95-77
97-25
96-66
93-60
.
This statement shows that the
receipts since Sept. 1 up to
to-night are now 292,379 bales more than they were to the same
day of the month in 1877, and 182,229 bales more than they
were to the same
day of the month in 1876. We aid to the last
table the percentages of total
port receipts which had been
received May 31 in each of the
years named.
Bombay
Shipments.—According to our cable despatch
received
to-day*, there have been 4,000 bales shipped from Bombay to
Great Britain the past week and
30,000 bales to the Continent;
while the receipts at Bombay
during this week have been 35,000
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, May 30:
■
Shipments this week
Shipments since Jan. 1.
Great Conti¬
Great
Brit’n. nent. Total. Britain.
1878
Conti¬
nent.
4,000 30,000 34,000 230,000 324,000
1877 10,000 11,000 21,000
304,000 337,000
1876 48,000 22,000 70,000
[403,000 255,000
Total.
554,000
641,000
658,000
Receipts.
This
Week.
Ill
\
■
.
.
Total to N.
The
•
•
•
•
•
•
Europe.
•
•
•
•
•
•
«
•
•
•
•
•
•
•
2,681
•
«...
•
•
350
....
305,816
«M68
5,353
115
8,266
5,488
8,266
18,S?6
4,986
12,949
2,926
10.332
6,171
33,694
21,946
•
•
•
•
•
•
•
•
•
....
9.023
following
1,140
....
2*398
.
....
••••
8,469
2,881
are the receipts of cotton at New
BOSTON.
750
2,398
L890
316.876
356,310
....
8,845
i.
.306*018
18,255
....
347
■
2,063
318
29
*160
....
2,681
8,498
•
year.
•
•
200
NEW YORE.
RBCE’TS
•
•
264
fipein.OportoA Gibral tar Ac
111 others.
•
ptdv*us
York, Boston,
PHILADELPHIA
FROM
This
week.
Texas
Savannah....
Mobile
Florida
3’th Carolina
JTth Carolina
Virginia....
This
Since
This
week.
Sept.1.
week.
3,212
3,«2
179,526
1,6*3
18 ,752
«5,924
*
*739
622
765
1,696
.
.
*
•
m
.
•
160,289
13,795
•
2,'92
*
491
•
*
•
•
•
•
•
•
•
989
105,426
294
12,403
876,560
3,767 319,467
5,727
863,300
4,365 313,502
•
•
•
•
•
.
•
•
•
•
•
18
•
1,791
840
....
•
m
*
*
‘
#
•
’51)275
•
••
....
321
«
-
••«
~
.
21*437
•
..
tft.fOti
94,76?
S^ptl
•
914
.
This Since
4,660
•
141,531
4,S97
Foreign..
Total this year
5,6f5
lC4t268
63,413
Since
Septl. week.
18,804
9,310
*
493
3 246
..
Total last year
Since
Sept. 1.
19,120
18,862
«'•
£31
39,358
+ + -
492
•
40,648
••*
•
492
•
•
•
•
« •
9,730
-
e • • •
,.•••#
66,761
1,492 138,375
1,142 57,189
1,042 114,154
Shipping News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
32,280 bales.
So far as the Southern ports are concerned, these
exports reported by telegraph, and published in
The Chronicle, last Friday. With
regard to New York, we
Include the manifests of all vessels cleared up to
Wednesday
night of this week.
Total
are
the same
New Yobs—To Liverpool, per steamers Russia, 100..,.City of Mon¬
bales.
treal, 1,002.... Montana, 1,579
5,661
New Orleans—To Liverpool, per steamer Persian, 4,900...
P«ir
ships General Sbepley, 2,259.... Rock Terrace, 0,668
To Havre, per ship John Patten, 3,951
To Bremen, per steamer Braunschweig, 2,066
3,050......
...............
12*847
8,951
per ship Mature, t: \l
..............._...
•
..............
Mobile—To Liverpool, per ship George Hnrlbnt, 3,437.
Baltimore—To Liverpool, per steamers Emiliano, 388.... Nova Scotian,
1.063 and 52 bags
:
Boston—To Liverpool, per steamers Palestine, 1,246... Bohemian,
...
596
Pembroke, 443
Baltimore............
Philadelphia
_
.
33380
of these shipments, arranged in
New York
New Orleans
Mobile
Boston
T,473
2,285
500
Philadelphia-To Liverpool, per steamer Lord Clive, 500
7 Total
The particulars
are as follows:
5,116
3,437
our
usual form,
Liverpool.
Havre.
Bremen.
Total.
2,681
12,847
3,437
8>‘85i
siiid
2,681
31,914
..........
1,473
3.427
1,473
3 285
500
2,285
500
Since
Jan. 1,
693,000
881,000
852,000
From the foregoing it would
appear that, compared with last
year, there has been ah increase of 13,000 bales in the week's
ship¬
ments from
Bombay to Europe, and that the total movement
7 777: /-7
Other ports
•
•
•
264
•
•
29.
8,498
8,119
330
Hamburg....
8.
8,224
4,489
7,385
3,707
5,806
4,930
•
Other French ports
Grand Total
8.
•
330
8.
9,899
6,739
4,660
6,900
6,667
5,394
•
May
22.
8,110
8,434
Havre
May
15
8,434
Total Spain. *C
6,261
May
8.
10,719
8,196
9,901
6,594
9,166
5,260
G,099
Total
to
date.
■XFOBTED TO
Bremen and Hanover
•
Vs
'a
CHRONICLE.
PORT RECEIPTS FROM SATURDAY, MAT
New
Or¬
"V':?
.
Total
23,213
3,951
5,116
83,290
Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Forest Belle, bark (Br.), Scott, from Galveston, May 9, for Liverpool,
put
back,
the vessel would not steer. She was to discharge part of her
cargo, take on ballast, reload, and proceed on her voyage*
Lois,5 bark (Br.), Sheldrake, at Amsterdam from Mobile, which tcok fire
while discharging, had a cargo.of 2,800 bales of cotton. The fire was
extinguished Dy throwing a great quantity of water Into the hold by
as
■
77
THE CHRONICLE.
554
engine, after cnt'ing open the deck. There were
cotton on board when tbe casudty happened. The
damage, principally from water, w 11 be very serious. The discharge
the float! g sieam Are
still 2,2C0 bales or
of cotton was proceeding
open place.,; '
Cotton
May 11, aud the bales wonld bi pat
,—Havre.—* .—Bremen.—»
Sail,
Sail. 8team.
-Liverpool.
Steam.
8 ail.
d.
15-64 comp.
d.
*
c.
c.
of last year:
,-Hambure—
Sail,
X comp.
X comp.
X comp.
—
\ comp.
—
X comp.
—
X
X
X
P. M.—By
Cable
31—3.30 P.
M.—By Cable
Liverpool, May 31—3.30
POOL.—Estimated sales of the day were 12,000 bales,
from Liverof which 3,000
H
—
—
,
for export
were
Of to-day’s sales 9,500
weekly movement is given as follows:
May 10.
-
Sales of the week
bales.
Forwarded
Sales American
Of which exporters took ....
Qf which speculators took..
Total stock
Of which American
Total import of the week
Of which American
Actual export
;..
Amount afloat
Of which American
66,000
8,000
54,000
51,000
10,000
42,000
4,000
3,000
896,000
678,000
70,000
64,000
8,000
261,000
171,000
May 31.
May 24.
May 17.
6,000
8,000
883,000
661,000
51,000
37,000
5,000
287,000
203,000
76,000
9,000
52,000
6,000
13,000
860,000
668,000
51,000
47,000
8,000
210,000
129,000
80,000
10,000
61,000
7,000
9,000
888,000
671,000
85,000
69,000
5,000
244,000
166,000
Ex-
Specula
Trade.
port
tion.
Atue.lean..bales 5\990
Brazilian
10,000
2,340
5,930
100
410
250
60
190
40
Egyptian
3,720
Smyrna A Greek 1
West Indian.... i
East Indian
2,980
68,950
Total
and speculation.
The
American.
were
X
*
758,670
39,690
99,800
718,230 41,410
121.020 2,400
108,60 5,660
2.840
440
5,830
6,720
Total.
4,190
490
F
1
770
220
16,890
92,120
6,2oO
bales
American
Brazilian
Egyptian
,
To same
date
-1877.
To this
date
1878.
1,314,021
75,343
6S
1,814,709
108,337
West Indian
East Indian
11,167
Total
51,414
1,655,674
.
table will show the daily closing
700
5,810
day.
-StocRg.— •
Same
date I
1877.
1877.
57.610
75,910
916
600
23,848
17,340
173,984
69,730
213,500
31,360
94,750
747,590
168,040
142,420
681,420
140 {
20,990 \ 16,010
31,930
S9,720
387.550
i
832,610 1,168,900
BRE ADSTUPFS.
May 31, 1878.
Friday. P. M.,
The following
week:
6,110
5,530
690
14,470
183,200 3,790
This
1,306,331
219,064
110,567
37,281
1,759
1,139
....
{•
1877.
39,160
^61,550 1,(07,610 1,149,380 53,950 58,310
1.012
19,087
133,874
Smyrna and Greek
1878.
1877.
Imports.This
week.
Average
period weekly sales.
-
60,260
10,350
Same
Total
this
year.
Silies thiis week.-
,
c.
c.
—®?{ 11-16
corro.
X cp. —<®?f
ll-lt) COITD.
Saturday. —®54
15-64 comp.
X cp. —®K 11-16 comp.
Monday..
15-64
comp.
„X op.
1J—16 comp.
Tnesday. —mi*
m-v» wiujf.
\ cp. —GbX H-l® comp.
Wed’day. —®M 15-64 comp.
;
Decoration Day—Holiday
fnmr’dy.- rFriday... —®j£ \ 15-64 comp.
X cp. —<&X 11-16 comp.
hales
bales
.
SALES. ETC., or ALL DESCRIPTIONS.
Steam.
c.
c.
The following statement shows the sales and imports of
week and year, and also the stocks on hand on
cotton for tbe
in an Thursday evening last, compared with the corresponding period
freights the past week have been as follows:
8 team.
.
IVOL. XXVI.
prices of cotton for the
the past week,
Saturd’y. Monday. Tuesday. Wedn’sdy Thursd’y Friday.
owing to excessive supplies, favorable crop prospects and
Spot.
declining foreign markets. On Tuesday, several thousand bbls.
@63!g ...@6316
@6316 -**®£o16
@63! 6
Mid. Upl’ds
@6310
...@63e
...@638
...@63e
...@638
...@638
Mid. Orl’ns. ...@638
of common shipping extras were taken for Great Britain at
$4 35@4 40, with prime to choice at $4 75@5 50, and on Wed¬
Futures.
t
These sales are on the basis of Uplands, Low Middling clause, unless nesday renewed depression was developed.
Rye flour and corn
otherwise stated.
meal have also favored buyers. To day, the market was dull
Saturday.
Shipments, d.
and depressed, with $4 25 about the best that could be realized
d.
Delivery.
Delivery.d.
Oct.-Nov., n. crop,
There has been an
important decline in flour in
.
...
•
Allg.-Sept
69.32® x4
Sept. Oct
6II32
Nov., new crop...6732
Shipments.
6*8
6*8
6316
6*4
6516
May.-.
June-July
July-Aug
Aug.-Sept
Sept.-Oct
Delivery.
May
May-June
June-July
July-Aug
6*8
6%
6*8
63, L
Aug.-Sept.6932® *4® 932
Sept.
ept.-Oct
6*4
Delivery.
May
6332
6*8
June-July
July-Aug
6&32®3i6
' *4
Aug.-Sept
Delivct'y.
June-July
0ii6
July-Aug
Aug.-Sept
Sept.-Oct
May
May-June
6*8
0316
6932
6i16
6ii3
--6332
6332
6332
June-July
July-Aug..
Aug.-Sept
6532
6732
Delivery.
6&3q
June-July
July-Aug
673o@i4
Aug.-Sept
6932
Sept.-Oct.
638®!^
European Cotton
The wheat market has a'so been
-
correspondent in London, writing under the date of May
18,1878, states:
Liverpool, May 18.—The following are the current prices of
American cotton compared with those of last year:
our
r-Same date 1877.-
r-Ord.A Mid-, r-Fr.& G.Fr.Sea Island.. 15
17tf
16tf
18#
Florida qo.. 12)4
14
15
16
L.M.
Ord.
G.O.
Mid.
Upland
Orleans....5*
5 5-16
5 11-16 6
IX
5 7-16
5*
5ft
^Q.&Pin®—i Mid.
24
18
20
18*,
G.M.
Mid.F.
6X
e%
6X
6X
5 1-16 5 5-16 5 11-16 6
Mobile. ...5 1-16
Texas.... 5*
6*
6*
Since the commencement ol
8 7-16
6X
U4
Fair. Good.
18
15
23
19
20
17
Mid.
5 18-16
5 78-16
5 15-16
G.M.
«
SX
6X
6X
6*
r-Takenons pec. to this date—,
1876.
1877.
1878.
bales.
bales.
bales.
75,700
38,210
87,190
.550
13,310
610
«an,
Ua, Ac.
Ac. 5,61040
India, Ac. 8,930
22.030
11,490
110
400
23,630
18,930
43,150
146,270
107,160
...
6X
ex
ex
IX
Actual
Liv., Hull A other exp’tfrom
U.K.iu
outports to date—,
,
1878.
bales.
1877.
bales.
53,477
37,705
2,451
1877.
bales.
116,450
8.827
12,230
22,410
3,333
38,810
2,723
59,096
13,870
272,960
109,358
105,902
437,4-0
1,011
9,722
No. 2
.
Wheat—No.3 spring,bush
# bbl. $2 25® 3 00
Superfine State A West¬
NO. 2
No. 1
2 35® 4 00
ern
Western
do XX and XXX
do winter X and XX...
do Minnesota patents..
City shipping extras.....
City trade and
brands
fami'y
s
mily brands
.
Corn—West’n mixed..
.
49®
44
52
52®
6"®
54
68
43)4®
,..
81
.Oats—Mixed
5 75® 6 25
5
shipp’g extras.
4
Rye flour, superfine
Corn meal-western,Ac.
Com meal—8r ’wine,Ac.
3
2
2
23®
White
34
87
77®
Barley—Canada West....
65
State,
2-rowed.,.......
58®
CO® 6 50
75
8tate,
*4.rowed
63®
to® 4 85
’85
Barley
Malt—State
65®
00® 3 50
Canadian
,1 00® 1 10
03® 2 49
80® 2 90 Peas—Canada bondAfree " 89® .95
breadstuffs at this market has been as
follows:
■
-1878.Since
Forthe
Jan. 1.
'■
■
RECEIPTS AT NEW YORK.
week.
1 08® 1.18
115® 125
42® 46
do steamer grade.
Southern yellow, new.
Southern, white
6 00® 8 00
4 25® 5 50 Rye
Southern bakers' and fa¬
Sonthem
$1 00® 1 03
1 05® 1 08
1 10® 1 12
■White
4 15® 4 50
4 65® 6 25
4 40® 6 25
extras...
spring
spring...........
Red Winter.....
Ac
1 25® 4 40
Soring Wheat
Extra State,
The movement in
' ‘
/-Actual exp. from
Total.
M.F.
the year the transactions on
•peculation and for export have been :
American
Brasilian
for lines of common
'
Delivery.
May
May-June
shipping extras.
greatly depressed. The con¬
sail
6316
tinued
63ie
April, sail
large receipts at the Western markets, the accumulating
Monday.
stock**, the favorable prospects of tbe nest crop, now near at
Shipments.
Delivery.
hand, *he increased probabilities that peace will ba maintained
Oct.-Nov., n. crop,
Oct.-Nov
65ia
sail
6732
July-Aug
-6L32
between Great Britain and Russia, have not encountered one
8ept.-Oct. ...6516®n32 Nov.-Dee., n. crop,
sail
6316
counterbalancing
iofluence. The decline has been more decided
July-Aug
a
63,
ig
6316
6316
Sept.-Oct
6&i6 April, sail
for June and July delivery than on the spot, a considerable por¬
Tuesday.
tion of current receipts having been sent to store. To day, there
Delivery.
Delivct'y.
was a farther decline, with large sales at $1 08@1 09 for No. 2
6*4
May-June
6332 Aug.-Sept
Sept.-Oct
6932
Milwaukee, $1 10(a)! 11 for No. 1 spring, $1 13@l 14 for No. 2
June-July
6332
Shipment.
Aug.-Sept
6732
red winter, $1 21 for No. 1 white; also, No. 2 spring for July at
6316
Juy-Aug
6532 April, sail
Wednesday.
$105*.
Shipments
Delivery.
Indian corn has declined very much, No. 2 mixed dropping
Apr.-May, sail
6*8
Sept.-Oct
to
47-£@48c. on the spot, 46®46±c. for June, and 46£@47c. fo-r
Aug.-Sept
6732 Oct.-Nov., n. crop,
sail
6%
Sept.-Oct
6932
July;
but at these prices the demand became very active, causing
Oct.-Nov....
6*4
Nov.-Dee., n. crop,
sail
6*8
some
re-actioo.
To-day, there was a further decline to 45@451c,
Shipments.
April, sail
for No. 2 mixed and 43£@44c. for steamer do., with No. 2 mixed
Thursday.
selling largely for July at 45f<3)46c.
Delivery.
Delivery.
6»32
Sept. Oct
6932 Oct.-Nov
Rye has been dull, drooping and unsettled. To-day, there were
Oct.-Nov .1
6*4
Shipment.
Nov.-Dec., n. crop,
June-July
6%
buyers of prime Western at 65c. Barley was lower, with sales
sail
6*8
July-Aug
6316
of Western feeding at 44 a45£c.
Aug.-Sept
6J4
Oats gave way sharply, and large lines of No. 2 Chicago sold
Friday.
for
Delivery.
export at 29£@30c. To day, tbe market was active, and No. 2
Delivery.
6932
Aug.-Sept...
June-July
63,6
graded
was quoted at 28 Jc. for mixed aud 30,5. for white, with
Shipment.
Aug.-Sept
6»i6
6532 Nov.-Dee., n. crop,
May-June
bushels
No. 2 Chicago sold at 30£@30Jc.
50,000
sail
6316
July-Ang
6732
The following are closing quotations :
Markets.—In reference to these markets,
Grain.
Flour.
6^32
sail
Nov.-Dee., n.crop,
~i:
,i
EXPORTS FROM NEW
Same
time
-1878.
Since
For the
1877.
week/,1.
,
week. '
21,955
Jan. 1.
4^.102 t,030,116
Flour, bbls. 71,470 1,680,497 1,084,846
8,875 : 85,386
109,033
C.meal, “
10,420 ' 82,769
Wheat,bus. 1,553.674 19,681,990 .1,149,105 1,035,615 18,550.182
900,841 49,429,436
Cora.
“ 1,095,508 11,354,119 8,164,619
57,990 1.756.105
Rye, - ‘♦107,884 1,398,885 '289,536
51,4)2 1,444,270
*58,146 ♦2,090,079 ♦1,848,152
Barley,
87,477
586,361
Oats,
‘
559,436 3,6??,298 3,369,428
YORK.
1877.For the
Since
'4,510
83 996
r
801,8*27
50^60
81,479
Jan. 1.
465,858
1 98,905
3,330,628
7,900,775
490,565
241,874
iJm, 63,253
THE CHRONICLE.
1878.]
JOT* 1,
receipts at lake and biter ports fob the week ending
MAY 25, 1878, FROM DEC. 81 TO MAY 25, AND FR?M
August 1 to may 25.
Flour,
Wheat,
Corn,
Oats, Barley,
bbls.
bush.
bu?h.
(196 lbs.;
(56 lbO
.
25,C61
(10 lbs.)
534,12?
46 208
2,081,157
.
535,905
.
1,455
67,903
4,899
1,785
20,945
119,129
4\490
817,443
2,958
AT-
<Jhicago
Milwaukee.
■Toledo
Detroit. ....
Cleveland*..
St. Louis....
.
.
.
.
130,031
1,430
4,500
Peoria
Duluth
20,003
Total...
Previous week
-
808
•
18,00)
29i,885
234,035
131,122
bush.
J**®;
bush.
bush.
(32 lba.) (48 lbs.) (56 lbs.)
801,601
21,049
51.183
114,050
16,107
19,424
14,000
107,065
92,550
55,361
39,960
1,588
38*3
11/63
11,725
24,650
10,800
106,783
112,718
1,509,075 3,037,951 1,164.797
98,901
119,1C6
1,491,200 2,391,78 )
816,339
76,235
130,656
•Corresp’ng week,’77 .
289,563 1,329,193
74,380
547,3?5
110,310
17,404
Corresp’ng week,’76. 112,142 1,061,908 1,483,648
626,636
70,486
39,065
Tot. Dec. 81 to date.. 1,331,642 24,680,997 33 030,279 9,590,733 2,606,806 1,617,224
1,699,861 6,845.606 27,339,505 6,525.315 2,139,293 800,541
Same time 1877
Same time 1876
2,018,938 14,083,5)6 24,5;5.573 7,813,253 2,612,060 527,213
Same time 1875
1,790,081 17,028,550 18,346,000 7,293,276 1,475,955 424,320
Tot. Aug. 1 to date..5,154,036 68,166,288 68,119/95 22,002,290 9,085,166 3,624,041
Same time 1817
4,353,553 36,238/ 91 66,28 %406 17,571,605 8,204,941 2.658,088
4,343,829 53,906,292 45,074,245 82,465,885 7,298,658 1,747,063
4,453,849 52,467,931 37,576,500 19,223,033 5,403,188 1,140,940
SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND
BIYEB PORTS FROM DEC. 31 TO MAY 25.
Same time 1876
Same time 1875
Flour,
bbls.
Wheat,
bnah.
Coro,
Oats,
bbls.
Tot Dec. 31 to date..2,863,221 16,933,682 27,141,470
Same time 1877
1,693,196 6,163,462 19,862,747
Same time 1876
..2,202,563 14,136,315 21,522,540
Same time 1875
1,905,460 10,209,202 11,911,035
.
bbls.
Barley,
Rye
bbls.
bbls.
5,818,860 1,452,720 1.293,296
4,95 *>,503 1,6*5,508 540,227
5,954,296 1,130/01 48\tl3
4,650,968 621,540 244,166
BAIL SHIPMENTS OF FLOUR AND
GRAIN FROM WESTERN
AND RIVER PORT8.
v-
Week
Flour,
Wheat,
bbls.
ending—
May 25, 1878
May 26, 1877
May 27, 1876
bush.
869,983
74,4'3
308,071
372,935
May 39, 1875
Corn,
Oats,
bu?h
500,705
365,265
1,104,6*9
271,363
bush.
620,920
268,410
359,690
343,367
LAKE
Flour,
Wheat,
bbls.
bush.
70,472
21,970
1,841,884
68,8f0
842,914
4,500
3,000
14,084
14,370
14,701
" 8,455
211,242
184,300
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans
Total
Previous week
148,601
Corresp’ng week,*77.
154,548
4,592
215,860
2,600
436,426
927,40 )
688,400
: 133,395
1,985,618
2,031,960
304,tOS
28,056,703
2,550,793
12,168,305
9,214,190
3,296,895
3.592,349
2.746,772
43,656,583
3#,935.548
30,666,964
22,088,804
lt>8,800
174,993
Tot. Dec. 31 to date. .8,890,177
Same time 1877
2,738,462
Same time 1876
3.537,530
Same time 1675
8,487,385
EXPORTS FROM
Corn,
bu»h.
At—
UNITED
STATES
Oat?,
bush.
Barley,
Rye,
bush.
bush.
27,018
72,629
38,365
13,505
30,920
7,57?
22.147
8.100
12,7^6
1,230
3,000
9),300
' 14,000
17,912
634,522
530,696
Flour,
Wheat,
bbls.
Portland
Montreal
51,240
1,039,9^2
9 8,889
12,847
129,897
219,078
2,839
Philadelphia
Baltimore..
Corn,
bush.
bush.
38,760
55,747
161,282
145.593
FROM
25, 1878.
Rye,
Peas,
86,916
S9,484
bush.
3,736
17,361
...
11,060
5,359
10i,702
288,682
194,665
615,369
12,516
240,746
593,577
2.200
63/00
bush.
93,575
5 ,267
....
Grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, and in transit by lake, canal and rail, May 25,
1878, was as follows ;
In Stork
New York
at—
Albany
of
Wheat,
Corn,
bush.
busb.
1,193,551
304,187
15,100
172,900
909,104
61,514
800
Buffalo
92,900
Chicago
126,02)
524,135
Milwaukee
Duluth.
Toledo
Detroit.
169,091
402,88)
230,312
80,(00
206,576
79,810
Oswego
St. Louis.
Boston.
Toronto
Montreal
.....
Philadelphia
'.
Peoria
Indianapolis
Kansas City
Baltimore.
Rcilshipments,
week.......
Lake
461,eiO
283,958
150,422
2,258
19,331
40,338
115,855
369,983
Oat?,
Barley,
653
110,00)
333,957
193,952
see
150,147
400,561
97,557
64,000
66,022
1,212,914
9:0,765 '
hu;h.
532,298
57,000
SO,'00
7,862
218.555
307 647
89,695
53,000
10,956
32,835
54,696
377,759
21,170
617
19,4*7
•
• •
»
71,922
•
•
•
•
3,168
•
•
•
•
••
•
•
•
•
•
-• •
•
•
a •
•
•
•
•
1*248
-
-
•
•
68,000
49,936
6,268
75,610
19,890
11/33
,*
2,972
45.000
98,752
412
•
•
•
•
1,094
•
••
17,285
•
432
197,100
55,000
107,000
7,607,564
8,982,241
2,801,349
7,549,665
8,045,649
8,394,683
7,921,483
8,225,712 2,157,648
1,158,042
1,809,559
May 11,1878
9,008,502 2,087,164 1,894,488
May 4.1878.....
9,533,192 2,063,303 1,462,506
April 27, 1878
9,768,366 1,769,920 1,675,855
April iO, 1878
7,7*1,565 10,184,932 1,990,193 1,878,184
April 18,1873
6,428,2 4
8,310,860 2,122,809 9.086,456
May 26,1877...... I, 5,184,000 10,426,024 2,202,046
849,696
507,728
573,489
600,453
On canal (25th)
v
-
Total
May 18, 1878
,.
....
1,792
33,365
65,152
559,969
goods remained dull and
moderate movement
was a
sluggish.
Foreign Goods.—There
very light demand for imported
goods at first hands, and the season for the sale of spring and
summer fabrics may be
regarded as practically closed. ■ Jobbersi
effected a moderate distribution of seasonable goods, but there
was very little spirit in the demand, and selections were
mostly of
a
.
was a
hand-to-mouth character.
We annex prices of a few articles of domestic
Domestic
10
«••-•••••
9)4
.
Bates
9
9
9
9
.
Glasgow fancy
Gloucester, n. s...
Mohawk
.
.
.
582,815
640,016
664,560
Friday, P. M., May 81,1878.
The.chief feature of interest in the dry goods market the past
;week has been a large trade sale of domesticv goods, which
dry goods:
Ginghams.
(Miami.
Larcaster
Namaske
Plunkett.
Randalmon
Renfrew dr’ss style
Baird.
Belfast
9
8*
9
9
....
<.
....
Shirley
White Mfg Co
Carleton
Johnson
9
Mfg Co... 13M
Stripes*
American.
9-10
Amoskeag
do
fancy
Bates Cheviot..
Belm’nt Chev’t
14
Clarendon do
11*
11V4
8*
Creedmoor do
Cherwell
do
33
Century
Century
27
Cordis awning.
Columbian
Everett Cheviot
Everett heavy..
Hamilton
Lew’n AA.Chev.
do
A....
Massabesic
•
•
•
•
•
•
•
9
10*
12*
11*
...
....
11
Otis BB
Park Mills Ch’t
10
12*
Thorndike A... .11)4-1%%
do
B«...
Uncasville A... 8#-9#
do
UCA. 10-11
Whittenton AA
10
do
B...
9
do fancy XX
....
....
.
Denims*
Amoskeag.....
do
Boston
16)4
AM.
15
8*
13*
Beaver Cr,AA.
do
BB.
do
12
CC.
10)4
16)4
16*
Columb’n h’y bro
do XXX brn
569,852
THE DRY GOODS T3ADE.
Carlton
Everett..
Lewiston
Otis AXA
do BB
do CC
Pearl River..
Palmer
-
i6
20
14
......
12*
11
.
16
....
Thorndike A..
Uncasv’e DCA.
York
Warren AXA.,
do
BB....
do
CC. ..
Gold Medal...
...
Haymaker....
10)4
1*M
16
“ 14
12*
11
9#
...»
Corset Jeans*
Amoskeag..
Androscog’n sal.
8*
....
Canoe River....
Clarendon
Hnllowell Imp..
do
brown
Hamilton
9
'
Ind. Orch. Imp..
do
sat....
.
1
7*
•••
Naumkeag sat..
9
Pepperell, blea..
9)4
sat...
9M
7)£
Newmarket
6*
Kearsarge, sat...
0
6*
do brwn&blk
Laconia
Manchester
9*
do
8*
Rockport
8
Suffolk..........
8
....
....
Cotton Yarns.
:
1
heavy woolens on account of back orders, but new transactions
light and unsatisfactory. Worsted coatings are generally
well sold up, but fancy ctssimeres are in
large supply, and there
is apparently a surplus stock of certain makes of
overcoatings.
Black cloths and doeskins were in very light demand/aside from
Union cloths, for which there was a moderate
inquiry. * All-wool
and cotton-warp beavers moved slowly, but fancy
overcoatings
were taken in small lots to a fair
aggregate. Kentucky jeans
continued dull, and black and mixed satinets were almost
neglected, but there was a fairly sustained demand for printed
satinets.
In flannels and repellents there has as yet been no
movement of importance, and carpets were
lightly dealt in*
Drees buntings^were in steady request, but other worsted dress
1,128
1,831,223
1,609,000
9C0/91
.1,521,000
fairly
cloths
were
Amoskeag*,
*
were
Print
in cotton.
less active and cotton dress
were
bush
27,018
week
hams
Alamance
177,109
53,500
127, i99
30,849
6,000
80,556
advance
per cent, cash, and 3fc.@
bid to 3 l-16c. asked for
56x60s. Several of the Fall River mills have
temporarily
stopped production, owing to the dulnessin print cloths and the'
heavy stocks on hand. Print9 were as a rule ve-y quiet, but a"
few large transactions were stimulated by low
figures. Ging¬
bush.
*
the
remained quiet but firm at 3|c., less
3 7-16c., 30 days for 64x64s, and |3c.
ixiauiauLV
6'0,920
151,116
shipments,
owing to the trade sale alluded to above, but prices
Rye,
•
548/38
Britain 1,140, U. S. of Colombia 159, Brazil 113, Danish West
ladies 71, Porto Rico 67, New Zealand 51,
Argentine Republic 47,
Yen zuela 28, &3. Cotton goods ruled very quiet in first hands,
fabrics remained
Total for week..
92,952 1,801,768 2,532,378
89.434
185,511
72,354
Previous week
69,5*8
918,051 2,504,548
114,341
243,871
44 482
Two weeks ago
64/66 1,605.520 1,623,203
190,0.6
71,430
2,4.)6
Three weeks ago....
90,802 1,876,672 2,253,362
118,230
88,601
80,452
From New York—63,474 bush, barley. From Montreal—40,021 bush,
barley,
51.267 bush. peas. From Portland—17,861 bush. peas. From New Orleans-109 bbls. floor, 28,779 bosh, wheat, 108,099 bush, corn, and 63,500 bosh.
rye.
The Visible Supply
the exports of
heavy the past week, and further large
orders are still in process of execution. From this
port the ship- ments were 5,918 packages, the larger quantities of which were
sent to the following markets: China 4,130
packages, Greatwere very
Domestic Woolen Goods.—There
....
bush.
Goods.-t-As anticipated,
in
PORTS AND
Oate,
goods
Cotton
250
*
....
Domestic
cotton
95,33V weak.
.
358,0.8
82,182
65,028
6,573 915 2,186,277 1,797,421
6,153,743 1,134,058 51H,661
7,856,402 1,861,231 £02, 59
6,139,036 301/23
96,149
SEABOARD
bush.
Rye,
bu*h.
28,230
6,800
MONTREAL FOR WEEK ENDED MAY
From—
New York
Boston
Barley,
417,354
£0,730
1/00
great many package buyer* from all parts of the
country. The tale embraced over 11,000 packages of staple cot¬
ton goods, dress goods, printed cambrics,
skirtings, coatings,
white goods, &c., manufactured by the
following corporations,.
Pepperell Manufacturing Co., Laconia Co., Bates Manufacturing
Co., Otis Compaoy, Columbian Manufacturing Co., Thorndike Co.
Franklin Co., Androscoggin Mills, Continental Mills, Palmer
Mills!
Cordis Mills, Boston Duck Co., Warren Cotton Mills and Oriental
Print Works. The competition was brisk
throughout the sale,
and all the goods offered were disposed of, together with numer¬
ous duplicates.
The prices obtained for the most 6taple goods
were fully up to expectations,
but dress fabrics, cheviots and
skirtings sold low. On the whole, the'
was a very satisfac¬
was
of
tory one and it
the means
] lacing goods worth about
$1,500,090 in the channels of distribution.
a
maintained because of
RECEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THE
WEEK ENDED MAY 25, 1878, AND FROM DEC. 31 TO MAY 25.
New York
attracted
555
Emperor 6*.......
Pendleton 6
20
20
Saigpant 6 to 12..
Fontenoy
do
20
....
IXL 6 to 12
XXX do
••••#•«
20
THE CHRONICLE.
656
Importations of Pry Goods.
‘
The
[VOL. XXTL
Exports vf Lsadiug Articles Orem lVewlork.
.
foiloyrUig table, compiled from Custom -House returns,
•Hie importations of dry goods at this port for the week ending shows the
exports of leading articles from the port of New York
May 30,1878, and for the corresponding weeks of 1877 and to all the principal foreign countries since Jan. 1, 1878, the
totals for the last week, and also the totals since Jan. 1,1878
1876, have been as follows:
-
and 1877. The last two lines show total values, including-the
value of all other articles besides those mentioned in the table.
nmporoi oohsumptioh fob m wbbx amuse sat 30, 1&78.
-1877•1878
1878
,
Miscellaneous dry goods.
226
529
280
660
102.674
175
500
858
336
113
$79,618
149,638
178,257
131,608
83,214
3,102
49,9^9
143
2£»*QOe»9t?«5r’-«*aoes3b9.
Pkgs. Value.
Value.
Pkgs.
Pkgs. Value.
$90,205
113,140
222,752
Manufactures of wool.... 248
do.
cotton.. 465
do
Silk
282
do
flax
559
$61,349
1,697
$578,770
4,827
1,482
3
34,209
©
(OaoctOSOVS
.*~gpap©4?«»©
$504,219
$93,S30
62,794
58,814
58,570
Miscellaneous dry goods.
518
18,778
-Total...*
1,310
Add ent’d for eonsumpt’n 1.697
$292,786
769
$207,023
578,770
4,827
Total thrown upon m’k’t. 3,007
$871,556
5,596
142
161
85
314
57
156
105
56
198
$55,320
42,575
29.656
65,185
14,287
->f-c.
,
.
&
aidaf
tsT
co
n
e?
C*
*—
$63,703
23,293
too
1,416
624,835
1,93!
1,482
$181,461
504,219
$831,358
3,413
$685,683
Si
:
OO ** —1 © OO
Hr* ©
41,982
39,127
13,-354
-a
r«»?*as'S|»oo<9*«*
,
£raoir*gao«
dan^^dddddddd^ofef-otteidef-^&dd
«»
«2
©
»*©.©©-»■
MOH CO W1# C3
^ ooi-7*-7 ©
-Oi.*-*
of
d
Tt
”3
5,5
8ABB PBBIOD.
212
251
87
247
Ci<oOff*«Na«-£2*-ioo
©«■» & © ao '?* *»
<**
_
—
.
®
WITBDBAWH TOOK WABBHOU8B ISO THBOWH 1STO TBS BAKKKT DOBING THJ
Manufactures of wool....
do
cotton..
do
silk
do
flax
*©
79,239
OJ'
$624,835
?>©
9Q
133,380
192,042
—
Total
i-cpcpf-~^r.»^oQ©ap-*»*©©©
*
S§
to '9*
r
SSScifiSSSSMSSS
.4*
loto^of
.»-*e*ao©me©©£0©©gp©
.
'«■*
co
•
CO ©
to
•os
of
ao
to 10
O
efco
BHTBBBD FOB WABBHOUSISe DUBIBG 8AXB PBBIOD.
Manufactures of wool
"do
do
cotton..
' silk
flax
do
Miscellaneous dry goods.
29
83
$83,772
41,907
21,463
24,804
15
7,488
193
151
220
310
139
$86,965
75,269
58,189
69,602
12,931
66
835
48
CD
$58,013
15,075
54
53
195
35
1390
1.049
Add ent’d for consumpt'n 1,697
578,770
4,827
Total entered at the port. 2,168
$760,209
5,876
Imports of
476
$299,656
624,335
1,482
CO 36
flO ©
03
O JSC*
•
S3 ©
•CO O CO
#
*
®-E~-
<rf
©c*eo
1,958
®-*r
§S
42.821
yfico
11,735
$151,977
504,219
S
.8 *2
:
N
•■*»«
GO
•
•
•
.
‘S'?: : :
•06©
:S
:
•
•
•
t-
•
..
6*
-of
• u>
•
03 T*
>©
.Cg<5*SO
®T»<
*©
•
an
*0
oS
h O
ao
T-4
NM
to
an ©
•«T
’
*
8S
8
SQ
$923,991.
©a*
.
© iS TJ«
•
V
0
t-
24,303
•
$181,439
*■<
-09
*? ««r(
•—*
471
Total
•
$656,196
.
Leading Article*.
£ eo
M
u
table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port since
January 1, 1878 and for the same period iu 1877:
The following
© o©
•
-** •«
*2
~i
>
*
■*r t-
S
•
.8
.
e*2 •©
*n »«
ad
S3
no.
.
•
m o«>
•
o u
[The quantity is given in packages wneu not otherwise specified.]
CO
©
c—
Soy.
8
©
n
t-tO
Same
Since
Jan. 1,*78 time 1877
Since
Same
Jan. 1/78 time 1877
•*t-N
$*«• Ul
^
^
Baxthenware—
China.....
Earthen ware.
Glass.
Glassware
Glass plate
..
Buttons
Goal, tons.
Cocoa bags...
Coffee, bags
.
Cotton,bales....
Drugs, Ac—
Bark, Peruvian..
Blea. powders...
Cochineal
Cream Tartar...
Gambler
Gum, Arabic....
Indigo
Madder A Ext.of
Oil. Olive
Opium
Boda,bi-carb....
Soda, sal
8bdaash
4,748
15,860
ICO,522
8,578
2,515
8,980
29,406
3,693
614,795
1,661
4.539
10,269
12,143
1,440
3,600
1,410
16,798
362
12,501
23.130
28,820
Hemp, bales
Hides, Ac—
1.797
1,048
Molasses
800
Raisins
229
170
146,168
Spices, Ac.—
Cassia
Ginger.
...
Beans...
Peas....
Cotton.
bales.
fldp. ...... a
No.
Hides
Hides.. •'».. ..bales.
Hops
bales.
Leather...... sides.
Molasses.... .hhds.
Molasses
bbls.
Naval 8 tores—
Crude turp..bbls.
Spirits turp “
Rosin
Tar
“
M
145,702
490,993
26,090
193,996
168.579
78,495
241,323
Cork
Fustic
194.095
Logwood
351,3(0
34,150
16.071
6,073
53,485
$,090,079 1,348,152
89,726
141,376
109,033
306,561
1.947
M**
77,073
94,180 i
55,748 1,692,025 l
43,679
28,107 t
•
-
t?
“
73,118
411,127
82,769
428,287
•
Cheese.....
Cntmeats..
1,681,312 i
863 '
Pork
Beef
“
"
“
Lard.
Lard
See
tarch
kegs.
pkgs
loarfno
<»
34,931
"375,507
450,952
584,627
259.323
146,320
29.050
402,548
17,117
12,306
171,182
10,590
474
10,465
35,567
59,037
106,609
64,928 1
1,736
*]
865 1
24,110
$2,35? 1
80,206
19^281
130,489
117.800 ]
13.069
19,807
11.193
'i
.
N
^
cn ■•I*
©_©*
00'S*
CD©*©©*
com
« <0 © eo
9*
—•
.
*•
:S°°
•
r*
•
Tf.
•
00 00*0
•2&
©
.
•
•
>©©,©
©
Ȥ
5?
ec © 00 Ti so •«
1
© -treat
Ir
«»
m©
JC_CO
o« tj*“
3^©
'of
.
aSd
s^i^**©
OKI
N(.i
69
00
•
88,291
412,366
235,877
408,016
271,899
9?, 185
21,343
183,148
20,172
18,516
148,340
9,524
165
11,445
80,726
80,144
31.338
73,645
17,087
69,048
•<??©jStSJSES • ‘S *
>Sn ‘■apSuSElsSS * ’2 * £2
•
fC*© © 1— © © © • • N • ©30
• © ^.
* ~
2*-^
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d
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t-T *
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g
3
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•
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«-*•■39*
•
•
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:»s
•
«
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of
•
22
•
*s*®
.
:
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©m
*
*
©* -
3*5
•
MS
—
g«3
s
:
■
I*
OO
*
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O©
09
^Sfao
•*©
-S'co
*co
H
•
:S8
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of
.
t» * . • • •
* !rf •
•••©■-•
..••••©••
...
...
...
...
.....
«
•
»>
•
•
:S
N N I©
Ho t“
gg
-l1*.
•
m
^
“i
©
|4s :si
|ofi§*- S'2
*■
rf
«
•
•
w3
•
•
•
.
:S :
a
:1
*-
38|
:2I. j %
©
.
t> -or
OO xo
•
*o
•
go
« * r-
■
a
.c5© =
ss
®
«•©
'ddr-kd
of
s
-
■
ON
dd
•
•
*
•
•s
5*
8
:
•
Si
wV
©
•«
© ©
.eo
|3*o©
2? -»*0
.*>*
8 O'
•00
Is
-s*
'e*
©
#—
r*
CO
©
e*
-l-
.
V
.
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•
•
*
m
—
S
kS
as’®-
ag®’*5’®©>
N
174,466
289.536
©
etd
5
.
1, 1878, and
6,477
•
.ON
o*°
©H
205,700
1,742.671
©©
•
17,517
pkf
1.680.497 1,084,346 Oil, lard
bb.
19,681,990 1.149,105 Peanuts
bags.
11,854,119 8,164,619 Provisions—
Butter
3,618,29? 3,869,428
pkgs
116.905
84,402
•
•So®
151.669
15,625
211,402
1,958
1,399,385
•
^5*
Since
Same
Jan. I, *78 time 1877
Pitch.
Oil cake
.
MS
z $
781
8,407
©»i»©ON«>®wg«
*cu 1
’
391,674
Pepper
Saltpetre
39,058
©
231.218
912,182
bbls.
1,914
Rye...
“
Barley A malt “
801,746
153,730
$
35,946
43,401
Same
Since
Jan. 1/78 time 1877
“
“
16,005
25,526
Receipts of Domestic Produce.
The receipts of domestic produce since January
for the same period of 1877, have been as follows:
Corn
Oats...
34,777
46,292
$
607,033
16.8*9
308,3-9
100,038
Mahogany
Ashes
j
Breadstuff s—
263
661,463
4,917.903 5,557,803
63.079
113,837
1,268 Woods-
145,510
25,704
Watches
34,09!
51,8*6
12,557
431,335
1,130,386
336,847
251,312
Rice
2,630
£6,253
N
*2 :s(
arid
►v«
322.055
227,190
854,96'^ 1,363,329
470,705
865,831
25,782
35,630
Wines
75,167 Hides, undressed..
1,917
•
O
201,542
Wines, Ac—
Champagne.bkts.
..
19.705
595
'HOO
m£££*~
2
-
9,4891 Fancy goods
Hides, dressed..
369
47,526
236
31,173 Fish
52,190 Fruits, Ac.—
Lemons
1,607
2,307
Oranges.
Nuts.
3,708
India rubber;.....
247
co
-<3 O* TJ<
■*a *-•
19,769
399.997
86*,079
5,279,458 3,675,928
57,570
75,809
255 Corks
937
Unseed
Tin, boxes
996
1,509
• XI
.
^
17,673
1,602 Wool, bales
2,731 Articles reported by
value—
2,238
13.965 Cigars
645
Bristles
...
Steel
8,157 Tobacco
22,718
90,853
Jewelry....
Spelter, Tbs
12,529 Waste.
51976
1,781
3,835
566,659
Tin slabs, lbs...
2,783
10,439 Paper Steen
10,034 Sugar, hhds, tee. A
868,429
1,354 Sugar, bxs A bags
930
888
Jewelry, Ac.—
Lead, pigs
3,601
893
1,641
2,414
Ivory.............
Hardware
Tea
Stax/......
Fora.
Chinny cloth
Hair..
«»......«•*•
Cutlery
15,110
131,647
7,772
r-* ^5
S *5
Metals, Ac.—
China, Glass and
©
•
•
9©
; ;©*o©ag•©cor—co
*§ : rSBwSSM
:
—
*
S.«*l
!S
'S
•
t*9<
* S3?
CO 10
I §
:5§§
li
*"•
•
.
i$$ ilisi* :S*iSs
il 3
'S* ^ S S'l
05
W*
*c»«•
©©
a
»©
o©
-
we
|igs||i :§f j :|liisi’ :i.l3lsiii§iiss=i3S §g
a 'gi8sl'5S|s'i'g |"/g*8'g-|
®is0°W^i
w
*c>r
©
©
*4
§?a Ss a a Slf g g|a,5-g55?5ttg*|S««*« Sf*2*8*«
oT*4
JUJTB
Teas CHRONICLE.
1, 1W8.J
GUNNIES.—See report under Cotton.
i»SIVjBIUiL
r^ilO&S OURKjRNT
HEMP AND JUl'EAmerican dressed
American undressed
Apotffirst
iCTt
©ft.
4K*
4\
BBBADSTUFFS—See special report.
BUILDING MATERIALSBricks—Common bard,afloat..V M 2 21 A 6 CO
Philadelphia.....
Cement— Rosendale
£<mg_State, common
State, finishing
75
90
Lumber—Ptne,g’dto ex.dry© M It. 40 00
16 00
Pine, shiopiog. box
do tady boards, com .tog <i,«*ch.
23
••© M. tt. 35 00
Ash*sood*•••*»«.**«*««»i«**t»i**«* • 33 00
Black walnut
73 00
Spruce boards A planks, each
22
Hemlock boards, each
15
Oak......;
.-.
V M. ft. 30 00
Maple..
lEaffe—I0A«8d.erm,fen.* sh.© keg 2 40
4 25
Clinch, IX to 3 In. A longer
3d fine...
..
...................
....
Cutspikes.allslzes..
Faints—Ld., wh.Am.pire. in oil V ft
Lead,wo.,
Manila..
HIDES-
Amer.«pure dry
7X3
5 @
6 ©
2inc.wn..Amer.,No.ltlnoil
Paris white. Er.*., gold.... © 100 ft1 70 @
BUTTER—(Wholesale Prices)—
Tnbs^ood to choice 8tate(new) V ft.
15 a
g’d to cb. *•
’*
Welsh, 8tate,grd to choice
Western da ry, fair to pr.
“
44
“
“
Westm creamery
CHEESE—
State factory .prime to choice.... V ft
do
Eastern
Wisconsin
do
do
good,
prime,
gold.
do
“
gold. “
do
...gold.
Java, mats
Native Ceylon.
Mexican
44
“
gold.
..gold.
gold.
Jamaica
liaracaioo
**
.gold.
“
13**
13 ©
gold
gold.
44
“
13 &
13 q.
Lagnayra
St. Domingo
lavacllla
44
gold.
gold.
Costa Rica
>Bolts............. ..... ••••••• © ft.
Sheathing, new (over 12 oz;
Braziers (over 16os*).««.............
American ingot. Lake
DRUGS A DYBSAium, lamp. Am
16
17
ft ft
Argols.crude...
2**
cur.
gold.
Argolsjreflned
»7
“
ft 100 ft
“
“
19
23
234
4
3 75
1 15
S
...
90
3 60
44
Cochineal,Honduras, silver...
44
Cochineal, Mexican
Cream tartar, powdered
cur.
Cubebs, Bast India
**
Catch......
.....gold.
Gambler
per 100 lbs.
“
Ginseng ...*... ...
-cnr.
....
&
22*a
Arsenic,powdered •••••••«*••«■
14
Biearb. soda,Newcastle.fi 100 ft “
Biohro. potash....
ft ft enr
Bleaching powder
ft ICO ft. “
Brimstone. 2n *s A Srds,per ton.gold
Brimstone, Am. roll
©ft..cur.
Camphor refined...
**
Castor oil, E .Lin bond, ft gal., gold.
Caustic soda
Chlorate potash
....
3
@
A
11*
1 25
& 26 25
A
a
26
A
© 8 90
....
....
13 CO ® 18 50
56
a
50
g
HO g
75 B
Glycerine, American pure
“
17 A
Jalap.............................
21 @
Uoorlee paste,Calabria.;.. ... **
26 A
Licorice paste,Sioily
“
25 A
Licorice paste, Spanish,solid., .gold
26 a
....
"
9
5*
no
1 20
18
....
O.l vitriol (66 Brimstone)
—
IK a
IV
Opium,Turkey ....(in bond),gold. 8 50 a
Prnsslate potash, yellow, Am..cur.
22 a
■
Quicksilver
gold.
47*a
43
.
Quinine..
cnr.
Rhubarb, China,good to
pr....
3 75
a
a
a
a
©
....A
50
1 15
17
1 50
44
pgtrloL blue.common...
Gr’d Bk.A George’s (new) cod.ft qtl.
....
l 50
1 29
2 25
A
do
do
do
Layer, new
Loose, new
Valencia, new
Currants, new
50lb.frail 3 30 ©
.nom.
190
....
7*
4 00
...‘.
Prunes, Turkish fnew)
#
9* a
French...
18 A
17
13
8 00
...
Apples,Southern,sliced........ft
2®
doquarters.....
do
do
ft
State,sliced.
do
quarters.
reaches, pared, Ga., good to choice
unpared, halves and qr»...
4
14
A
6
3 A
4
4
4
4
6
4*
9
a
A
a
SKA
Tar, Washington
Tar, Wilmington
Pitch, city
Spirits tdrpentlne
A
A
....«
....
“
“
Nominal.
32 A
60
45
*5 A
bbl.
“
©
©
©
2 25
2 25
29K i
30
145
1 75
**
1 55
**
2 50
3 73
••
«...
....
4
©
a
©
©
2 12K
.
4*
Almonds, Jordan shelled
Brazil
ft lb.
30 A
4
■.
Filberts,Sicily
Walnuts, Naples
A
»KA
1PM
ft gal.
**
Linseed, casks and bbls
“
Menhaden, crude Sound,.... =*■
Neatsioot.No. I to extra
**,
Whale,bleached winter...... ••
“
Whale, crude Northern
Sperm,crude
**
;
“
Sperm, bleached winter
Lard oil. Nos. 1 and 2
**
Cases.........,...............».
Refined.......
’ ’
’*
Naphtha,City, bbl*.....
••
ft bbl.
"
“
'*
"
*'
ft ft
**
*'
Beef, extra mess
Beef hams,Western
Bacon, West, long clear
Hams.smoked
Lard, City steam..........
<
35 A
1 10
58
81
A
B
4
60 A
56 a
45 a
•] ©
1 09 ©
45 ©
90
57
47
8ALTPETREReftned.pnre
Crude
Nitrate soda
ft bush.
a
a'a
per
A 35 03
A 30 50
....A
7M
16
11K
6 A
«K
7K3
14M^
9 00
9 G2K
A
A
...
A
A
....
....
....
....
....
11 75 A 13 00
19 50 A 20 00
4 A
4K
7*A
8K
5*65©
....
6 A
....©
....A
6^
3M
....A
....
A
A
28
35
ft sack.
2 50
©
....
10K©
11M
100 lb.gold 6 25 A
**
**
wnorUeberrie*.,.....
20
A
11
22
10 a
12
&
is
Tsatlees, No. 2. MtMiMiiMtMH
Tavsaams, No. 1
Re-reeled Tsatlees, best
Re-reeled Congoun, No. 1
aaaaa#
...
44
7K@
7K%
8
44
44
•
6 so
8 50 A 3 62M
5 00 A
....
4 75 A
....
4 75 A
....
4 75 A 4 S7M
A
45
17
19
25 5
35
45 5
33
55
90
-
•
SL
mt
95
s -r
55
IB-'
»
Nominal.
20 ©
25*
28 ©
85
88 ©
fO4
24 ©
2L
38
80 ©
42 ©
60*
80 ©
75
21 ©
SO ©
40»
•
.
’
........
gold.© ft
44
..©bx g d.
Plates.cbar.terne
A
A
33
30
............«..•••«'
Plates.I. C„ coke.....
21
23
Nominal.
’
English .refined...
:
•••8
20 A
28 A
45 A
75 A
21 A
8S A
50
89 A
22
Mx. fine to finest
...........*-..
A
...a
44
Choicest.......
Straits......
(4
....A
Sup’rto fine
L Ex. fine to finest
Banca.......
9i
2«
28
Fft
9
SM©
8K©
TIN—
1 12
52K
•••••••• •
••••••*•••••Baa•••
44
-
do
do
-■do
»<*
44
44
44
do
Ex fine to finest
do
Choicest.
Bone.* Cong;, Com. to fair
3i
7K
7X
9X©
© *.
do
7K
7 5-16
7 7-16
7 9-16
m
44
Snp’rtoflne
Ex.fine to finest
Oolong, Common to fair,**,
do
Superior to fine
1 15
59
32
BICE—
SALT—
Turk’s Island
St. Martin ••• •••*• a ••••••••••
LIvaroool, Ashton’s fine
44
44
44
.
• ••a*
7V-s
«VA
9MA
Uncolored Japan,Com. to fair
-
Crude, In bulk................. ft gal.
7
Ex. fine to finest
Choicest
00
..A
7K«
7M®
7M©
3 HA
SuD.to fine
Extraftne toflnest
do
9K
8KA
1
16*
910
11M.
©
....A
do
OAK UM—Navy.UJ8. Navy * best ft ft.
....A
....A
7M8
Hyson Skin.* Twan.-com. to fair.
do
do
Sup.to fine
4K
14
10M
6K©
Imperial. Com.to fair
S5
4KA
?KA
..
Gunpowder,Com to fair
do
Sup.to fine
uo
ex
14
A
10KA
TEA—
My eon. Common to lair
cur.©ft
do
Superior to fine
Extra fine to finest
do
do
Oh o icest,.....................
young Hyson,Com. to fair
do
Super.tu fine.;.
do
Ex.fine to finest
do
Choicest.....
12 A
Pecan....
9
44
granulatel
do
....
3 50
6MA
.
TALLOW—
Prime city,
Out-of-town
....
2 04
A
...A
do
off A
White extra C
Extra C no
Yellow C
Other Yellow
Molasses sugars.........
4 00
4 00
5 90
*...©
cut loaf
do
do
4 9*
8 2ft
Store Prices.
15
14KA
spring
Coffee, A, standard
1 52K
SILK—
P^le8d<£lmlXed
do
do
A 17 00
A 8 00
»
machinery
Hard, powdered
26
85
cast
IS
83
1*
A
A
cnr.
•Brazil, Nos. 9AU
Rrttned—Hard, crushed
80
Nominal.
F gal.
windowglass
§
85
.....ft bbl. 2 00
**
2 00
“
200
Rosin,
strained to goodstrd.F
“
low No. 1 to good No. 1
11
low No. 2 to good No 2
••
low pale to extra pde,.
©
**
Carolina, fair to prime
Vft.
Louisiana, fair to prime
“
Rangoon, in bond
....
**
Patna, duty paid...*..•<.•••.... **
...
.
Dried—
27
“
...
Pork,extra prime
Pork,prime mess, West..
Beef,family mess
7*
5)4
15
9*
14
Figs, layer........
id A
Canton Ginger ,wh. * hf.pots.ft case. 6 50
A
Sardines, V half box,.,....
19 A
Sardines, ft quarter box.,i.......
12*®
Macaroni. Italian..^.....,...,.^ft n><- 12*®
Domestic
^
25
a
*
“
••••»«
•••••••••• MIM
PROVISIONS—
Pork, mess,spot
3 35
165
2 15
4*©
Citron
ftdo
A
A
A
B
PETROLEUM—
12 50 A 15 00
per
•
.22
25
26
25
blister
cast, Tool
5K
80
gold.-
....
.
21
20K
21
44
m
20
«
2 03
1 08
American German spring
5k
<JK
a
City, thin oblong,bags, gold, ft ton. 83 00
Western, thin oblong (Dom.)cnr “ 30 00
....
Raisins,Seedless.
19KA
44
SUGARIoferior to common refining,...© ft.
Ft»lr
44
Good refining....
44
Prime
44
Porto Rico, refln fair to prime “
Boxes, clayed. Nos. 10A12
44
Ceatrifugal, Nos^ 7A13 44
44
Melado
Manila, sop. and ex. sup
44
Batavia. Nos. 1UA12
44
■
Mackerel,No.l.M. shore.
pr.bbl. 18 00 © 22 00
Mackerel, Na. 1, Bay..
© 20 00
Mackerel,No.2 Mass.shore
9 00 a 11 00
pMAckerel. No. 2, Bay
Barbadoes
Demerara
Porto Rico
V. O., com. to prime
NAVAL STORES—
OIL CAKE—
22
l 63
W
7 ©
“
American
American
American
American
....
19
ft gal
:
Cuba, Mas..refln.gr’ds,50tesl.
do
do
grocery grados.
Cotton seed, crude
Olive, in casks ft gall
5*
22 A
Sal soda, Newcastle., ft luo ft, gold
Shell Lac, 2d A 1st English..ft ft.cnr.
Soda ash
ft 100 ft. gold
Sugar of lead, white, prime.ft ft cnr.
••••
OILS—
27
23
28
5 @
cur.
“
20 ©
•*
© gall.
3 75
4 CO
3 50
3 00
3 60
3 60
English,cast,2d&lstquality ©ftgold
English, spring,2d * 1st quality.. 44
English blister, 2d* 1st quality..4*
44
English machinery
English German,2d * 1st quality 44
5
••
SS
8TBKL—
84
A
4«
Brandy (Cal.) deliv. in N. Y....
.•••
-
Hemlock.Buen.A’res,h..m.*l.ft».
California, h., m. * 1
common hide,h., m. *1....
rough.........................
Slaughter Grop
*•
26*
Madder, Dutch...................
Madder, French, B.X.F.F
Nutgalls,blue Aleppo
do
« Irish
Domestic liquors—'
Alcohol
Whiskev
NUTS—
a
5)4 A
•*
"
4*0
...
...
* gall.
12
•
..
stems
Whiskey, Scotch
‘
LEATHER-
53
25*8
8
do
3
3 5J
5 S*3@'
....A
A
A
....A
SPIRITS—
<«
ft ft
5 00
<a
...
...
2
6 40
75
55
4584
....A
...a
A
A
IS A
....A
.......
44
S3
87K»
Nutmegs, Batavia and Penang......
Pimento, Jamaica
Cloves........................
O in............
e
40
yx>
5U
A
4 75
aBaa****••••••
Brandy, foreign brands
Rum—Jam., 4th proof
St.Croix,Sd proof....
...A
Oak, rongh
Texas, crop
MOLA88ESCuba, clayed
28
26
23
do
Calcutta.
Mace
8
8
A
5
Ginger, African
10K
9K
37
85
34
77K®
Batavia;..
8
H
ft lQOlbs, gold 6 3»K^
“
' “
© ft, gold
do
14
47K
....
...
hite........................
Cassia, China Llgnea
10
34
A
A
A
A
A
.
1
1
1
2
1
1
1
1
«
....
.
w
A
A
a
A
A
A
S3 A
* *
18
...«B
Sheet
Pepper, Batavia.
do ■
Singapore
A
32
36
34
..cnr.
cur.
5
5
1
...«B
A
36 A
A
.........
common
do
9K
7K
9
/
Domestic, common,.
Bar (disconnt, 10 p. c.)
1
16
lax
16*3
;
Ordinary foreign
I«M
«
13 A
10 a
83(a
1
1 70
.’.v
SPICKS—
17K
LEAD—
18
....A
A
100 ft .gold.
Domestic,
18
13
-18K
....
23
CUTTON—See special report.
COPPER—
*
7
20
*
Pig,American, No. 1.
ft ton. 16 50 A 18 00
Pig, American,No,2
....
15 50 A 17 03
Pig, American, Forge...
14 60 A 16 00
Pig, Scotch
23 50 A 24 25
Store Prices.
Bar,Swedes,ordinary sizes..ft ton.ISO 00 A132 50
Scroll
ft lb. 15-10A
5
Hoop, Kx.N0^2 to l&lKx 13*14 '*
5 A 2 £-10
Sheet, Russia
..gold.ftft
11
10KA
4
Sheet,single,double* treble,com.
3KA
Ralls, American
v ton, oar. 32 00 A 36 00
Steel rails, Americai....,
43 00 A 44 00
17
Linseed, Calcutta.....© 55 ft. gni t.
Linseed Bombay
© f|» g>lj.
7K*
JMA
8>i
,
8PELTER—
IROJ*--
17*
13 A
14* A
9
6
Mexican, sheet
Honduras, sheet
14>4
16*
I5 ®
9
9
Para,fine........... .,«»...
Para, coarse
Esmaralda, pressed, strip
Guayaquil, pressed,strip.,
Panama atrip
Cartbagena, Dressed
Nicaragua, sheet
Nicaragua, scrap
...
14* g
16**
16**
17* a
20 ©
15 <5
A
SKA
Sk®
Yearlings
■
York.
coffee—
mo, ord. car. 60 and 90 days .gld.© ft
dofair,
do
......gold. 44
“
“
**
INDIA RUBBER-
@ 8 50
12 003 13 00
AirrHKACiTX—The following will show prices at
last auction or present schedule rates:
Penn.
D.AH. P.AR. L. A W.
D.L.&W.
Auction.
Sched.
Sched.
Sched.
NewMay 29.
•
N. Y.
Port
burg.*
Hoboken.
Harber.
Johnbt’n.
fS t>0
St’mb.. $3 45
83 42S
$
Grate... 8 45
3 45
3 60
Egg..., 8 60
3 55 @3 60
3 7i
...
Stove... 3 95
8 75
4 10
•
Ch’nut.. 3 40
3 25
3 50
•
50 cents per ton additional lor delivery at New
....
16K§
goodtoprime
Old
A
“
HOPSNew Yorks, com. to med....
Liverpool gae canneK
Liverpool house cannel
....
19
18
do....
do.... cnr.
A. I. stock—Cal. kips, slaught. gold
Calcutta kips, dead green..
**
Calcntta, buffalo.............
8
....
18
17KA
17KB
California,
13
....
20k
Texas,
18
17
13
....
A
19KA-
•*
**
**
Matamoras.
do
wefiSoRed-^Baen. Ay, selected
Para,
do....
6
9
1 75
7 A
6 A
choice. 4
Western factory, g’u to
COAL—
M
*’
do....
do....
do....
do....
Orinoco,
California,
....
*
Foreign
do.k..
Corrientes,
Rio Grande,
5K
5K
...
,
.
Montevideo^'
«
....3
14 A
10 A
.5K«
4K«
Dry—Buepos Ay respected, ft ftgold 20
8K©
glue, ©h.,Amer. dry. No. I
“
•*
Jute
a ...
a ....
A 61 00
A 21 00
a
£3
& 40 0U
^ 33 00
@125 00
A
27
a
17
@ 35 00
a 2 50
0 5 23
B 4 35
A 2 85
Clover,Weatern
ft.
Clover, New York State..
Timothy
bush.
Canary, Smyrna
;i
Canary, Sicily
Canary, Dutch
Hemp, foreign
;...
Flaxseed, American, rough.;".
60
....
8lsal
....
V bbl.
a
A193 00
A
gold.2C0 90 A ....
270 00 @275 00
ft ft ••
6# A
7
Russia,clean
...
55
ft ton. 17? 30
Italian
iuO O 9 00
23 00 A 27 00
90 A
..©bbl.
Croton.......'*
SEEDS—
hay'.:;v
North River shiop’nc....... ft 10U ft
45
A
60
A
-
55
*
..
A
14 Hi
....A
89 A
75
A
3
A
10
5
A
*
17)C
14M
J14*
5
50
6 CO
TOBACCO-
Kentucky lu«, heavy.......... ©»
** •-•t-v
leaf,
44, • com. to fine.
Seed leaf—New Eng.wrappera’TS-’n
44
.do
fillers, *76-*77
Pa. assorted lotf, 475*’77
Yara, I and II cuts, assorted......,,..
Havana, com«to ^fine
in“ bond, black work;,....
Mannfac’d,
44
bright work..
.
WOOL—
American XX
American. Nos. 1 * 2
©ft
American, Combing
Extra, Pulled...
No. 1, Pulled.
California, Spring Clip-
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[Vol. XXVI
THE CHRONICLE.
558
Insurance.
Insurance.
Commercial Cards.
North British and Mer¬
cantile Ins. Co.,
Russell & Co.,
C Offl
MERCHANTS
MISSION
SHIP AGENTS.
AND
OF THE
OFFICE
OF
Amoy, Foochow,
8banghal and Hankow, China.
LONDON AND EDINBURGH.
lions Kong, Canton,
Incorporated
Represented by
S. W. POMEROY Jn.,
105 Water St., N Y
Boston Agency,
)
J. MURRAY FOKBESA
>0 Cmtul Street. )
ATLANTIC
Shanghai
Hong Kong &
UNITED
Mutual
Co.
Insurance
Bead
Represented by
8. W.
POMEROY Jb., 106 Watih St.,
N. Y.
Charles E. Parker,
Nbw York,
The Trustees,
COMMISSION MERCHANT,
14 Exchange
2.634.
Co.,
Olyphant &
MERCHANTS,
COMMISSION
Kong Kong, Shanghai, Foochow
Canton, China.
No Policies have been issued upon
China,
Wall St.) New York.
Risks, nor upon Fire
with Marine Risks.
MANUFACTURERS OF
11
Slip,
Jobbing Trade ONLY
and Dealers in
!
<=•
Co.,
Shirts and
A Dividend of Forty per
Mfg Co.,
Drawers
BC8TON,
of the Company
ending 31st December, 1817, foi which
certificates will be issued on and after Tuesday, the
on
St.
railway station In
through England and France. Steamers
(•) do not carry steerage passengers.
LOUIS
Atlas Mail Line.
BI-MONTHLY SERVICE TO JAMAICA, HAITI
UOLOM B1A and ASP1NWALL, and to PANAMA and
SOUTH PACIFIC PORTS (via Asplnwall.)
Fiist-class, full-powered, iron screw steamers, from
Pier No. 51. Vorth River.
For Kingston (Jam.) and Haytl.
June 6 I ET S A
ATLA8
June 27
.
..
Jfor Hayti, Colombia,
Isthmus of Panama and South
| AILSA
June 13
Pacific Porta (vi* Asolnwal.;.
ALPS
superior nm-emse passenger
accommodation.
PAM, FORWOOD
A CO., Agents,
-
No. 56 Wall treet.
^
THE
OLD
RELIABLE
Stonington Line
BOSTON,
OR
AND
CHAPMAN, Secretary.
marked thus
and freight apply to
DE BEBIAN,
Agent) 55 Broadway.
For passage
By order of the Board,
J. H.
Wed„ .Tune 5.9 A. M.
..
England—First cabin, $90 to $100, according to accom¬
modation ; second cabin, $**5; third cabin, $35, steer;e, $27, Including everything as above,
iturn tickets at very reduced rates, available
the net earned premiums
for the year
7th of May next.
Mills.
FEW YORK.
A 45 Whits Strbbt.
15 Chauhobt
PHILADELPHIA,
J. W. DAYTON. 280 CHMTNrT8tbkwv.
Gent, is de.
Santelli
•ST. LAURENT, Lachesnez
Wed., June 12,3 P. If.
L a kKADOF, SaLgller
Wed., June 19, 9 A. M.
PRICE OF PASSAGE IN GOLD (including wine;:
To Havre—First cabin, $100; second cabin, $ 5; third
ding and
cabin. $35; steerage,
utensils.
To Plymouth, London or any
and after
produced at the time of payment and canceled
Upon certificates which were issued for gold pre¬
miums, the payment of interest and redemption
will be in gold.
clared
AND
From Various
the holders
outstanding certificates of the issue of 1874
will be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tues¬
day, the 5th of February next, from which date all
interest thereon will cease. The certificates to be
E.R.Mudge,Sawyer&Co
Hosiery,
outstanding
follow8:
•V1LLE DE PARIS.
as
'The
United State* Banting Company.
A fnll supply aU Widths and Colon always in stock.
AGENTSFOR
Washington JMilla, Chieopee IHfg
Burlington woolen Co.,
Ellerton New Nlllle,
Atlantic Cotton Milla,
$14,366,351 66
thereof, or their legal representatives, on
Tuesday, the 5th of February next.
Also, Agents
Street.
00
617,436 01
Six per cent. Interest on the
certificates of profits will be paid to
“AWNING STRIPES.’
Saratoga Victory
General Trans-Atlantic Company’s
Mail Steamships,
Continent—cabins provided with electric bells—will
Bail from Pier No. 42 North River, foot of Morton at,
1,764,393 63
255,864 02
Receivable.
Total amount of Assets
FELTING DUCK, CAR COYER
Ooswc
viz.:
the Com¬
Cash in Bank
1NG, BAGGING. RAVENS DUCK, SAIL TWINES
*C. “ ONTARIO * SEAMLESS BAGS,
No. 109
The
NEW YORK AND HAVRE.
Calling at Plymouth for the landing of Passengers.
The splendid vessels on this favorite route, for the
1,163,200 00
pany, estimated at
Premium Notes and Bills
And all kinds of
r.
Steamships.
between
wise
Real Estate and claims due
COTTON SAIL DUCK
COTTON CANVAS,
$4,902,331 08
1877
Stock, City, Bank and other stocks.$10,565,958
Loans, secured by Stocks and other¬
-
Co.,
Manufacturers
and separate department, for which the surplus and
reserve of the Fire Insurance Department, named
above, are not liable.
SAM. P. BLADGEN,
CHAS. E. WHITE,
Direct Line to France.
The Company has the following Assets,
United States and State of New York
New York.
Supplied.
IT. 8... $1,710,964 29
Include the Life and Annuity
Funds, which, by act of Parliament, are in a distinct
ON LI
Expenses... $947,923 86
BrinckerholT, Turner
&
Fire Assets held in the
The above does not
Returns of Premiums and
SODA.
The
$765,558 54
945,495 75
cluding re-insurance, in the U.S.
surplus in the United States.
Net
$2,565,890 27
period
same
OF
Old
Cash and Invested Assets (gold). $7,900, 536 46
Subscribed Capital, for which the
*
Stockholders are personally lia¬
ble. not yet called in
$8,750,000 00
Reserve for total Liabilities, in¬
Life
1st Janu¬
ary, 1877, to 31st December,
Losses paid duting the
SUPER-CARBONATE
No.
2,428.978 97
4,221,557 49
Surplus and Reserve....
disconnected
Premiums marked off from
John Dwight & Co.,
*
$1,310,000 00
cluding re-insurance..
Net Fire
Premiums. $6,751,028 44
Total amount'of Marine
OLYPHANT Sc CO., of
104
I860.
December,
Called-in & paid-up Capital (gold)
Reserve for all £ re liabilities, in¬
Managers.
and
RSPBSSBNTBD BT
-
of the
Company, submit the following Statement of its
affairs on the 3ist December, 1677:
Premiums received on Marine Risks
from 1st January, 1877, to 31st De¬
cember, 1877
$4,710,665 88
Premiums on Policies not marked off
1st January, 1877
2,040,362 61
BOSTON.
Place,
Post Office Box
January 28, 1878.
In conformity to the Charter
BRANCH;
St., Cor. Pine, New York.
54 William
Established
Banking
Corporation,
Office, Rons Kong.
1800.
in
STATES
Not a
ALL POINTS
EAST.
'
Trip Missed in 7 Consecutive
Years.
THE ELEGANT 8TEAMEBS
STONINGTON and RHODE ISLAND.
IVf Dally from Pier 88,
5 |»
TRUSTEES:
JOSEPH GILLOTT'S
STEEL PENS.
Sold by all dealers
throughout tfu World..
J. D. Jones,
W. H. H. Moore,
Charles Dennis,
Lewis
Curtis,
Charles H. Russell,
James
Low,
David Lane,
Gordon W. Burnham,
William Sturgis,
Daniel
8.,.Miller,
Josiah O. Low,
Royal Phelps,
Insurance.
ORGANIZED APRILI2T? 1842
!HKi=^/ rr
Francis Skiddy,
Adolph Lemoyne,
Robert B. Mintum,
Charles H. Marshall,
Robert L. Stuart,
Frederick Chauncey,
Horace Gray,
4,,. F.S.WINSTOH,PRESIDENT
j
Wciv approved description
0f
°
LIFE AND ENDOWMENT POLICIES
William E. Dodge,
Thomas F. Youngs,
John D. Hewlett,
Charles P. Burdett,
Alexander V. Blake,
C. A. Hand,
William H. Webb,
John Elliott,
William H. Fogg,
Thomas B. Coddington,
V George W. Lane,
James G. DeForest,
Charles D.
North River, foot of
_
STEAMBOAT EXPRESS TRAIN WILL
LEAVE STONINGTON AT 4:30 A. M.
State-rooms and tickets secured at 863 Broadway and
at all offices of Westcott Express Company in New
York City and Brooklyn. Also tickets for sale at all
hotel ticket-offices.
PROVIDENCE
'
LINE.
FREIGHT ONLY FOR
Worcester, Nashua
all Points North.
Providence,
„
sad
Steamers leave.
5 P. IH, Dally from Pier
?
Warren street.)
29 North River (foot of
lowest rates.
Freight taken via either line at
D. S. BABCOCK,
L. W. FILKENS,
President.
General Passenger Agent.
_L
George A. Clark & Bro.,
Leverich,
Edmund W. Corliee,
William Bryce,
Peter Y. King,
Horace K. Thurber.
armors as n yombisa s thoseofAMYomm ca.
J. D. JONES, President.
CHARLES DENNIS, Vice-President.
“ASHBStTS mot80.000.000.
W. H. H. MOORE, 2d Vice-President.
A. A. RAVEN, 3d Vice-President.
Jay street.
Hereafter the
HILWARD’S
400
HELIX
NEEDLES.
BROADWAY, NEW
YORK.
@FedFRASER