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xmmt
HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL.
NEW
26.
YORK, JUNE
Financial.
Financial.
THE
(INCORPOEATED NOVEMBER,
1
WALL
Co.,
STREET,
NEW YORK.
'^
IKQBATEB3 Or THE
53
1859.)
Onlted States Bonds, Notes, Currency
and National Bank Notes.
Enorattno akd Pbistiiio or
BtNK-NOTES, STATE AND RAILBOAD SONDS,
POSTAOE AND REVENUE STAMPS,
OKBTIFICATES, DRAFTS, BILI.S OF EXCHANQE,
AND COMMERCIAL PAPERS,
This Company engraTes and prints bonds, postags
ilamps and paper money for Tarioas foreign
Jovernments and Banking Institntiona—South
American, European, West India Islands, Japan, &c.
LommunleaUona may 6« addretted to thU
Comipanff 4» any language,
J.
J.
A. D.
SHEPARD, Treasurer.
CUBBI£B, Secretary.
A»i
P.
PoTTiK, Preat.
Sax'l Pbii-lips, Csshler^a
Maverick National Bank,
BOSTON
Surplus,
'
Special attention
given
to
$400,000
200,000
DZALEBS IN
Bought and Sold on CommlssloB.
Virginia Tax-Receivable Coupons Bought.
SOUTBERlf SECURITIES A SPEdALTY.
LOANS NKGOTLATED.
A. H. Brown
&
Co.,
BANKERS AND BROKERS,
7 WaU St., Cor. New, New York.
INVESTMENT SECURITIES.
SIERCHANT AND BASTKEB,
ORI.EANS, LA
Co.
c. f.
Stocks, Bonds, and Gold
Sixclal attention paid to
sell
lor cash or on margin.
orders for investments.
STREET,
irAI.1.
TRANSACT A GENERAL BANKING BUSINESS.
STOCKS BOUGHT AND SOLD ON
'MMISSION.
INTEREST ALLOWED ON DEPOSITS.
.
J.
G. St.
N. Pbttt.
John Sbbf'
8.'B.
kld.
Bostwick,
Member N. Y. Stock Exchange.
13
Petty & Bostwick,
BROAD STREET, NEVT YORK.
Stocks, Bonds, Gold and Government Securities
bought and sold for cash or on margin.
Southern and Western State, Municipal and Rail,
road Securities made a specialty.
Mining Stocks bought and sold at New York and
Ban Franolsco Exchanges.
Correspondence solicited.
NEW
YORK,
IM Pearl
BOSTON.
Street.
70
GOSSLER
&
Agents.
Commercial and Travelers' Credits available
iQ any part of the world. Draws Exchasge, Foreign
and Inland, anl makes Trans ers of -Money by Tele>
graph and Cable. Gives sped ,1 attention to Gold and
Silver Bullion and Specie, and to California CoUee
tlons and Securities and arrctnges to pay Dividends
on such securities at due ^atcs.
Bankers, London,
SWte
do
New
PAYNE A SMITHS.
UNION BANK OF LONDON.
SMITH,
York, The
BANK of NEW YORK, N.B.A.
The Bank of California, San Francisco.
Capital, Paid up is Gold, $5,000,000.
WM.ALVORD, President. THOMAS BKOWN,
B. MURRAY, Jb., Asst. Cashier
Cssh'T.
Laidlaw & Co.,
& Company,
BANKERS AND BROKERS,
33
No
i
I
Issue
ORDERS EXECUTED AT THE PHILADELPHIA
AND BOSTON STOCK EXCHANGES
Grant
CHKISTENSEN,
CHARLES W. CHURCH,
;
45 WALL STREET.
DKALER8 IN SPKCIE AND UNITED STATES
SECURITIES. Buy and
"
2,500,000
C. T.
d«
hbnostler.
J.
BANKERS,
AGENTS FOR THE B.VNK OF CALIFORNIA,
No. 12 Pine St., New York.
Receive deposits and transact a general banking
business execute orders at the N. Y. Stock Exchange
for Stocks, Government, State, Municipal and Railroad Bonds and Gold.
;
Particular attention «^Ten to the pur*
chase and sale of ininlne Stocks in Sam
Francisco, for which we have the best
Aicllitles; al^o all other California Securities.
Issue Bills of Exchange. Letters of Credit and rele>
graphic Transfers on London, Yokohama, Shanghai,
Hong Kong, Honolulu, Virginia City and San Francisco.
Gilman, Son
62
&
Co.,
BANKERS,
CEDAR STREET,
In addition (o a General Banking Business, buy and
sell
Government Bonds and Investment
Securities.
Street.
Gwynne & Day,
Co.,
OOBBESI'ONDENTS OF
Imteruatlonal Bank of Hambars and
liOUdon, (Limited.)
HOUSE IN EUROPE,
JOHN BERENBERG, G08SI.ER dc CO
HAMBURG.
[Established 18M.]
Kountze Brothers,
BROKERS IN
FOREIGN EXCHANGE AND GOLD,
63 WtkU Street, New York.
eP. O.
BOX
merdal
kills.
BANKERS,
13
WALL STREET, NEW YORK,
Issue Letters of Credit, arallable Is
2,847.)
Special aMeitlon paid to the negttlatlon ef
No. 16 ITall Street.
Transact a general banking and brokerage buslnen
In Railway shares and bonds. Government Seourltle*
and Gold.
Interest allowed on deposits.
Investments carefully attended to.
Hilmers,McGowan & Co
166 OaAYIER STBEKT
HB-nr
(invested in
U.S. Bonds)
Haar & Co.,
BANKERS AND BROKERS,
HAAB.
Spec ial attention to business of country banks.
Charles G. Johnsen,
Surplus,
do
IttTlted.
Flrst-CIass luTestment Securities.
Capital, paid up.... $10,000,OUO Gold.
kukhsemundt
H.
prompt remittances made on day of payment.
Boston business paper discounted. Correspondence
GOVERN.MENT BONDS. STATE, CITY, COUNTY,
RAILROAD & MISCELLANEOUS SECURITIES
&
BANKERS AND COMMISSION MERCHANTS,
2 Exchange Court, Kevr ITork.
J.
Agency, 62 Wall Street.
'Tork.
~
COLLECTIONS, and
R. A. Lancaster & Co.,
BANKERS AND BROKERS,
66 BROADWAY, NEW YORK,
OF SAN FRANCISCO.
New York
Sound railroad and municipal boifts negotiated.
Funds carefully Invested In Western farm mortgages, and the Interest collected.
P. SETDijt Gbakt,
Oapltal,
The Nevada Bank
commission.
H. TAN ANTITERP, PresH.
iriACDONOUGH, Vlce-Pres'U
JNO. E.
BANKERS,
William Street, New
Co.,
Accounts and Agency of Banks, Corporations,
Arms and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations In paying coupons
and dividends, also as transfer agents.
Bonds, stocks and securities bought and sold on
in the highest «tyl« of the art
with ipteial taf*ovards devised and patented, to prevent connter
teitiog and alterations.
&
R.T.Wilson
675.
Financial.
Paton
Jesup,
National Bank-Note
OFFICE, No.
NO.
1878.
1,
Com
world;
also.
all parts
of ths
Time and Sight BlUs on the UNION
BANK OF LONDON.
Cable Xranif en made.
:
THE CHRONICJLE.
u
&
Morgan
Drexel,
Co.,
WALL STKBET,
CORNER OF BROAD, NEW YORK.
Drexel
34
&
Drexel, Harjes
Co.,
South Tbikd
St..
&
Co
Paris.
Pbiladelpbia.
DOMESTIC AND FOREIGN BANKERS.
DepositB received subject to Dratt. SecurUies. Gold.
&c., bought and eold on Cornmisf ion. lnlere»t alloweion Deposits. Foreign Kxchange. Commercial Credits.
Circular Letters for Travelers,
Cable Transfers.
available In all parts of the world.
Attornkts akd Agkntb oy
&. CO.,
nessrs. J. S.
MORGAN
No. 22
OLD BROAD
Brown
ST..
LONDON.
&
Brothers
AGEXCy OF THE
Imperial Bank of Canada
Bank of British
Capital, $1,000,000.
H.
HOWLAND, President D. WILKIE, Caahlel
North America,
HEAD OFFICE, TORONTO.
No. 52 WALL STREET.
Beanohes:— ST. CATHERINES, PORT COLBORNfi,
S.
Boulevard HauBsmanc
31
Commercial Credits Issued for use In Europe, China,
Japan, the Ea«t and West Indies, and South America.
Demand and Time Bills of Exchange, payable In
London and elsewhere, bought and sold at current
rates; also Cable Transfers.
Demand Drafts on Scotland and Ireland, also on
Canada, British Columbia and San FranclBco. Bills
Collected and other Banking Business transacted.
D. A. MACTAVlSH.i -aKeniB.
._..,.
G. M.
No. S9 lITALIi ST., N. V.,
AVALL STREET.
No. 50
of the world.
Transfers of Money,
THEY ALSO ISSUE COMJtERCIAL CREDITS
MAKE CABLE TliANSFERS OF MONEY BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
Buys and
issues
G. C. Ward,'
BARING BROTHERS & COMPANY,
Commercial Credits available everywhere.
J.
.1.
&
Stuart
Co.,
;
HARPER, ^*^°"GOADBY. ( .»pnt8
j
BELFAST, IRELAND
AND ON THE
BANK OF
ALSO,
Seligman
& Co.,
J.
;
Barrle, St. Catharines,
ColUngwood.
BANKEKS
LONDON, England.— The City Bank.
National Bank of Commerce.
HKW
Mo-nr
T-rtoB1 OBK. i (.
p Sralthers and W. Watsun.
j
Collcctlonsmade on the best terms.
Foreign Bankers.
change, Cable Trauafers and Gold. Issues Credits
all parts of the world, makes collections
In Canada nnd elsewhere, a.id Issues Drafts payable
Canada Demand
and Ireland, and
at any of tbe offices of the bank In
drafts Issued payable In Scotland
every description of foreign banking buslaess under-
New York
Agency, No. 52 IVllllam
with Metsrs. JESUP,
PATON &.
CAPITAL,
SURPLUS,
$12,000,000, Gold.
5,500,000, Gold.
-
Payable In any part of Europe, Asia, Africa, Anstralls
And America.
Draw Bills of Excliange and make telegraphic trans.
ferB of money on Enrone and Oallforpia.
Co.,
No. 8 TVall Street, New York,
No. 4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON.
CiBCtntAK Notes and Credits fob Teatelebb.
Knoblauch
Lichtenstein,
ANQU8,
General Manager
C. F. Smititees,
)
BOARD OF DIRECTORS:
ALFRED Maquinay (GraffA Maqulnav). Vlce-Pres.
J. B. Von teb Becke (B. Von der BeckeJ.
Otto Gunther (Cornellle-Davld).
Kmiie de Gottal.
&T>. Frank (Frank, Model & Cle.)
AVG. NoTTEBoHM (Sottcbohm Frcrcs).
Fb. Dhanis (MicUlels-Loos).
JoH. Dan Fuhbm^nn, .1r. (Joh. Dan.Fuhrmann),
Webkb (Ed. A eber & Cle.)
JuLxs Rautenbtbacch (C. Schmld &
LouiB
TRANSACTS
GENERAL BANKING
CO.TIM ISSION
N. T. Cor.-espondentB.— Messrs.
Henry
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters ol
No. 9 Blrcbin Lane.
-
-
$1,000,000.
OFFICE, MONTREAL.
HEAD
Pres't.
MURP^AY,
C. K.
Credit
SPECLAL PARTNER,
Berlin.
DEUTSCHE BANK.
Grant
Street, New
AeSNTB FOB THB
ISO Pearl
Co.,
York,
IiONDON AND HANSEATIG BANK,
(LlKiTSO.-LOKOOir.
Cashier.
Make Collections on all PolnU. Recelye Depoall
and Current Accounts on favorable terms, and do
General London and Foreign Baaklng Buslcesi.
KING, BAILLIE & CO,, Liverpool.
NEW YORK CORRESPONDENTS,
Messrs.
WARD, CAMPBELL *
No. 35
Commerce.
Co.,
CONGRESS STREET,
Boston, Mass.
Co.
Dealers lo Btocka, Bonds, Oold and
Commercial
paper.
bought and
made promptly and remitted for
&
BANKERS,
(Limited).
Sterling and American Exchange
Interest allowed on Deposits.
CO,
Boston Bankers.
Halifax.
Messrs. HUmers, McGowan &
CHICAGO.— Union National Bank.
BUFFALO.— Bank of Buffalo.
Collections
for use agalMt
Brewster, Basset
AOENTS:
est rates.
world.
COMMERCIAL CUKDIT8
(CITY) .-Owen Murphy.
NEW YORK.-^The National Bank of
Co.,
BANKERS,
BliASCHES:
LONDON.— The Alliance Bank
&
King
46 Pall mall, LonAou, England.
Issue CIUCULAR NOTES />•«<<!/ cAarje, available
Pake En.!, Oht.;
Haidltox, ONT.; Atlmeh, Oi»T
Bedfoed, p. Q.
NOVA SCOTIA.— Mcrohants' Bank of
FOKEWy AGENTS
BROS. & CO
Execute Orders on the London Stock Eichange.
OF CAXADA.
Up
BLAKE
ConslRnmenta of Merchandise.
Exchange Bank
QUEBEC
of Europe.
S.
in all parts of the
Capital Paid
MERCHANTS,
AMSTERDAM, HOLLAND
;
Office,
A
Adolph Boissevain & Co.
fell Sterline
London
Cle.)
BITSINESS.
.„.„,.
*B«''"-
i
Exchange, Francs and Cable
Transfers grant Commercial and Travelers' Credits, available in any part of the world ; issue drafts
on and make collections in Chicago and thtonghont
the Dominion of Canada.
Buy and
Exchange Place,
YORK.
&
9,000,000 Francs.
FiLTx Gri8*r. President.
;
BANKERS,
G. Amsinck'
•
RANKERS
and
^EW YOKK OFFICE,
59 tc 61 \YALL STREET.
M. H. GATJLT,
St., cor.
Anversoise,
Antwerp.
Presifient.
Walteb Watbon,
CO.,
St.,
CO.
Bank of Montreal.
No*.
&
Centrale
Paid-Up Capital,
available in
R. B.
John Munroe
Ban que
Bank of tbe UepuuUc.
The New York Agency buys and sell. Sterling Ex-
Issue Letters of Credit for Trayelers,
all principal cities
$1,000,000.
OFFICE, lORONXO.
Duncan Coulson, Cashier Ilcon Leach. Asst. Cash
Branches at Montreal, Peterboro. Cobourg, Port Hope
General Manager.
Afst. General Manager.
BANKESS.
LONDON, ENG —The Clydesdale Banking Co.
The
Bank
of New York, N. B. A.
NEW YOl-.K—
S9 EXCHANGE PLACE,
CORNER BROAD STREET, NEW lORK.
NEW
Resem,
$2,000,000.
HEAD
INOUAM,
GEORGB STEPHEN,
BANKERS,
39 TViniam
street.
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold or currency draft on New York.
OFFICE, MONTREAL.
SCOTLATVD.
CABLE TRANSFERS AND LETTERS OF CREDIT
&
Wall
-
taken.
"LIMITED";
JOHN STUART & CO., Bankers,
MANCUESTER, PAYABLE IN LONDON;
ULSTER BANKING COMPANY,
MUNROE &
59
Promptest attentloa paid to collections payable In
any part of Canada.
ApDrovcd Canadian business paper, payable In gold
National
EXCHANGE ON
SMITH, PAYNE & SMITH'S,
BANKERS, LONDON
MANCHESTER & COUNTY BANK,
J.
U.
H.
$6,200,000, Paid Up.
President, the Hon. JOHN HAMILTON,
President,
JOHN McLENNAN, Esq.
Vice
-
WM.
BILLS OF
& W.
Agents
street.
CANADA.
Capital,
GEOKGE HAGUE,
J.
NASSAU STREET.
NATION.1L
Lombard
Merchants' Bank
HEAD
62 WALL STREET, NEW YORK.
28 STATK STREET, BOSTON.
33
93
OF
AGENTS FOR
&
Exchange, and makes Cable
Sells Sterling
BRITAIN A ND IRELAND.
J.
In New Yorfc:
Bane of Montreal,
AgrentB In London:
BosANguKT, Salt & Co.,
Capilal,
$6,000,000 Gold.
$1,900,000 Gold.
Capital,
Surplus,
&
<
THOMAS, INGERSOLL, WELLAND.
ST.
Dealers In American Currency and Sterling Exchange*
The Bank of Toronto,
CANADA.
Bank of Commerce,
dollars for use In the United States and adjacent
eouDtrles, and in pounds sitrlivg for use In any part
G.
MORRIS,
i\.
;
The Canadian
Co.,
I8«ue, against cash deposi I' d, or satisfactory guaran.
tee of repayment, Circular Credits for Travelers, In
S.
XXVI.
Canadian Banki.
Canad'an Bankfi.
Foreign Exchange.
No.
:
[Vol.
Bold.
at low-
Orders executed on CommlsBlon at Brokers
Auctions, and Private Sale.
InvcBtmest Securities constantly on h&nc.
Board
—
Jdnk
1.
THE CHRONICLE.
1878J
Western Banks.
Bowton Bankers.
UlOBOX B. IIOLT,
Member N. 7. Stock Exchange.
U>0. Vin. B^LLOV.
Oeo.Wiii.Balloii&Co
8
WALL
STIJEET.
New
Vork,
',i
DEVONSHIRE
ST.,
THE
Municipal Bonds.
&
Co.,
BANKERS,
78
Bnr and
Ilallroad Bonds.
&
Parker
J.
Western
Sell
4 1 CEDAR, COR. WILUAM
Ne^v fork.
BTBBE'l'
Bny and
and
City
Conutr Bonds.
OF
FINANCIAL
&
CONTENTS.
Banking and FinancialUnited States— Nalion,->l Bank Figures and
ST.,
Carrency Movements.
New York City— Bank
Railroad Investment Securities. Colect Coupons and DlvlLlends. Negotiate Loans and
draw Bills of Exchange ou London.
AgenU for the sale of STEEL KAILS made by the
CommercialUnited
Edgar Thompson Steel Co. (Limited),
All baslness relating to the Construction and Equipment ot Railroads undertaken.
Correspondence
solicited
and
N. \. COBER8PONDKNT8— McKlm Brothers
r^.
WALSTON
STOCK BROKER,
a03 WALNUT PL.\CE (316 WALNUT
ST.),
JNO. W. HILLKB
WIILIAV9.
&
Thos. P. Miller
Co.,
IlfOBILE* Al^ABAiriA.
Special atteatiOD paid to collections, with prompt
remittances at current rates of excliantie ou day of
— Qermau
American Bank, New
fork; Loalilaua National Bank. New Orleans ; Bank
Correfipondenta.
First National Bank,
WILniNUTON, N. C.
all
parts of the United Statee
47
&
Brothers
BANKERS,
Wall Street, New
Hatch
&
No. 12
Leonard,
York
NA7
I
Securities Purchased at difl'erent prices.
Stocks.
United States Debt and SecuritiesDebt of the United States; Terms of Payment,
Prices of U. S. Bonds, I9C0 to 1877.
State Debts 'and Securities
State Debts and
MISCELLANEOUS SECURITIES.
on
all
WEKMS.
Investors' Supplement—
The I.svESToBs' Sdpplkmsnt which
The
CKj Co.
BANKERS,
acces-
DiRKCTORs.— Benjamin A.Botts. Preset: C.S. Longcope, W. .1. llut:blns. F. A. Rice, C.C. Baldwin, W. B
B. F.
Railroads and their Securities—
Prices of Railroad Bonds, 1872-1877.
Prices of Railroad Stocks, 1860-1877.
Texas.
sible points.
Botts, I'.ob't lirewster.
Immunity from Prosecation.
Prices of Slate Securities. 1860-1377.
Railroads of the United States.
Railroad Earnings.
English Railroad Laws.
Capital, $500,000,
to collections
York.
&c.
Foote,
WALL STREET,
THE CITV BANK OF HOUSTON,
We give special attention
New
Table Showing the Interest Cost of Carrying
Moodrft Jemlsrn
Houston,
Shoving Accama-
in a Series of Years.
Stock Specalation in
TBXAP.
ToTlcCnrresttondent
Money
Table Showing the Rate Per Cent realized on
Co.,
York.
Interest Table,
lations of
GOVERNMENT BONDS, GOLD, STOCKS AND
DAI.I.A J,
City.
Compound
BTTT ANT» BXLL
BANKEBB,
1833-1877..
Investments of Financial Corporations in item
New York
St.,
London,
Principles Relating to Investments.
tv
BANKERS,
Adams &
Francis,
New
in
York, from 1668 to 1877.
Prices in New York, 1370-1877.
Investments and Speculation-
Commission, and carried on Margins.
Deposits Received and Into- eat Allowed.
Accounts of Country Banks and Bankers re
celred on favorable terms.
A. K. WaXsKkr, Cashier.
B. B. BURRU88, Pres't.
15
New
Methods of Quoting.
Transact a General Banking Business.
McKim
af Liverpool, Liverpool
CoUcctlona nude on
&
Movement, &c.,
Foreign Exchange-
BANKERS AND BROKERS,
TO Broadway
1870.
Silver Question.
Prices of Gold in
STOCKS, BONDS and GOLD Bought and Sold on
BANKERS,
jaymeBi.
&
Trask
Southern Bankcr^i.
York, and Prices of Call
Silver in the United States.
The
ITork.
RAILROAD SECURITIES.
New
Production, Exports and Imports of Gold and
Prices,
SPECIAL ATTENTION GIVEN TO THE SEGOTIATION OF
Orders in Stocks and Bonds promptly executed at
and Nev If ork Boards.
«.
FBXD. A. BROWK.
BANKERS,
Pine Street, New
34
tie Philadelptiia
R
BROWK.
Money Market-
Gold and Silver-
.
PHILADEIiPIIIA.
THOS. P. MILLKB,
H.
Trade
Trunk Railroads and
of
Loans and Commercial Paper since
Walston H Brown & Bro.
Austin,
Bell
•J.
&
Tlie
Influences in
a
information far-
aiebed.
Commerce,
Canals.
BALTIICORE.
ipeclalty.
— Foreign
Tonnage
Articles,
PITISBUKOB, FENX.
and VIRGINIA SECURITIES
States
Balance, U. S. Exports and Imports, Leading
BANKERS AND BROKERS,
LNYE5TMSNT
Rulnrns, *c.
London— Money Market and Bank Retoms.
JOBXSTOWtf, PEXN.,
AND THS
Co.,
INFORMATION.
Retrospect of 1877."
mercantile Failures.
Cambria Iron Company,
Wilson, Colston
.
A YEAR BOOK
sell
Phila. Sc Baltimore Bankers.
8
7'
Cashier.
S. Kennedy & Co.,
BJNKERS AND mERCHANTS,
Stackpole,
OKVONSBIBK
BOSTON,
LILIENTHAL,
8
1
$6,000,000.
1,550,000.
Bunkers and Brokers.
DEALERS IN GOVERXMENT SECU.UTIES, Gold,
County and
(ANNUAL.)
St.
Selutman* Co.
FRED'K K. LOW
t u.n.osr.
lONATZ STKINUART.J**'""*''"-
STATE STREET, BOSTON.
Btate, City,
i W.
Transact a general Baiiklng baslness. Issne Com
mcrclal Credits and Bills of Exchange, available In all
parts of the worltl. Collections and orders for Bonds.
Stocks, etc., executed noon the most favorable terms.
P. N.
BANKE«S
40
Asonts, J.
Review,
Financial
(LIMITED),
LONDON, Head Office, 3 Angel Court.
SAN FRANriSCO Office, 422 California
Authorized Caitltul, •
Paid-up aud Reserve,
BANKERS AND DEALERS IN
Pnbiieationi.
Anglo-Californian Bank
NEW YORK
BoMou,
Chas. A. Sweet
Ul
COR. OF
•
WALL STREET AND BROADWAY,
New
BKNJ. A. BOTTS, Prest.
York.
Cashier.
Transact a General Banking Business, Including the
purchase and sale of
M^estern Banks.
STOCKS, BONDS and GOLD
gives a
complete exhibit of Slate, City and Railroad
Sccniliea, is famished dnring the year only
to regular subscribers of the Chroniclb, and
no single copies axe sold. One number of the
SiTPPLBUENT, however, is bound np In the
FiKANciAL Review, enabling parties to pur
chase a single copy in this form.
for cash or on a margin.
C. F. FIXZKL,
I^esldent.
5
(
STATE BANK,
Incorporated
)
iaiS.
)
C. T. Walkxb
Cashier.
German Bank,
A.M. KtODBB.
lilTTLE ROCK, ARK.
CAPITAL
Prompt attention given
to all baslness In
N. T. C«BBKsroxDBN-is, Donncll.
etropolttan National Baak.
Ui«
Lawson
C.
W.MoLBLUjr,
Jb.
Sale.
Price In Cloth
"
To Subscribers
&
W. TbasK
our
A
line.
Co. aod
Coxxxboul
B.
I
f
DAKA &
..
*
qa
""
CO.,
PUBLISHERS,
J.
^3 Wall St., New York,
T>EALt*B IX
LOUIS CITY d: COUNTY BONDS
ST.
AND AT.I. r'I.AS8KS OF
INVESTMENT & MISCM.LANEOI'S SECURITIES
Kefers by permission to W. S. Nichols A Co., Bankers
$S 00
of the
Fl:<ANCIAL Chbonicus
WILLIAM
Alden Gaylord,
$75,000.
35,000.
(Paid-im)
SoiiPLCB
Investment Securities For
p. O. BOX 2,W7.
79
k.
81 William Street, N. T.
HENRY HERBERT,'
5
AUSTIN FRIARS, OLD bROAD
ST.,
LONDOX
THE CHIIONICLE.
IV
fVoL. XXVI.
Financial.
Financial.
Financial.
UNION TRUST
A. C. Burnham,
CO.
Dakota Southern RR.
OF NEW YORK,
FIRST mORTGAGE 7 PER CENT
CHAMPAIGN, ILL.,
[Eetablished 1861.]
Cor. Rector St.
Broadway,
No.
73
GOLD SINKING FUND RONDS.
OFFERS FOR SALE
MORTGAGE CAPITAL, - . -^ .
REAL ESTATE FIKST
81,000,000. Original Issue, $600,0UO. Cancelled by the Sinking
COUPON BOMJS,
amounts of »1,000 ami upwards, yielding F.IGHT to
per cent semi-annual Interest, and negotiated
through the houses of
In
TEN
III.
BVRXHAM. TRBVKTTA MATTIS, Champaign,
BVRMIAM <k TULLEYS, Council ttluffa, Iowa.
BUliSHAM it BKYKU, Grinnell, lomi.
Iowa.
CO., Emmetsburg,
All thene loans are carefully made, after personal
Inspection of the security, by members of the above
firms, who, living on the ground, know the actual
value of lands and the character and responsibility of borrowerp, and whose experience In the huslneSB for the past SI.XTKliX VEAIiB has enabled them
to give entire satisfaction to Investors.
DUKXIIAM, oRilSUY
A
it
HAS SPECIAL FACILITIES FOR ACTING AS
Agent and
Traii^ifer
being at
Registrar of Stocks.
Authorized by law to act as Executor, AdministraGuardian, Kecelver, or Trustee, aad Is a
EUWAKD
M. MoLkan,
J.
Vice-I^-e^ident.
2<l I'fM President.
\st
KXECUTIVE COMMITTEE.
KANSAS, MISSOUIU & CENTRAL ILLINOIS LOAN
AGKNUy." Jaoksontillk. III.
The Brooklyn Trust Co.
Tills
TO LOAN ON APPROVED SECURITY
lO^VA,
IN
NEBRASKA AND DAKOTA.
10 TO 14 Pbe Cent Guabanteed.
w
C'.'mp»ny
is
Clinton
sti.,
Brooklyn, N. Y.
authorized byBpeclal cbrtrler tdftt
receiver, truetee, guardian, execu or or adinlLli-
tratur.
1* can act as agent In the eale or management of real
collect inte'-est or uividends. roceive reclftii-y
mc" iranfiferbooks, or tiuike purcbaBt and Bale of Govarnr, tuv aid oinersecurlliet.
Beligiou? and charitaMo lustitmionp, and persont
anftccuatowied to the trar.sactlou of bupiiiefip, will find
ihlB Company a rafe «ih! cnriVHUicut. dujioKitory for
itlFLKV Jii>PKS. rreBldcnt.
noucy.
CHA.S. U MAKVIN, Vlce-Freb'l.
i«liite,
FOR S LE.
Choice lot of Lands In different parts of the
West. Also, Wostern Securities. A Choice Investment. Address, for full particulars,
1
A
D. H.
&
Cot. of Montat'ue
TALBOT,
General Land, Scrip anl Warrant Broker,
Slonx City, loiva.
Reference.—First National Bank, Sioux City, Iowa.
/IPGAK M. CrLLKN, Counsel.
TUl'S'l
KKS:
Alex, MoCue,
Henry Sanger,
Kockwell,
(nhu P. U«lfe.
J. S.
Chan. K. Marvin. A. A. Low.
Sullivan, Ai'Ki. K. naylle, Henry K.S-heldoD,
a.K. Pierrepont, Dan'I ('hauncey, John T. Martin.
Kipley Kones.
-ToPlah U. Low,
Alex. M. White.
Kdmund W. Corlles.
Austin CcD'n.
Wm. R. RUNKRU. Secretary
rhi.Hii'^s
Bonds.
Defaulted
Special attention given to Compromlnlng. Funding,
Buying or Selling Allssourl County, Township and
furnished.
Co,,
New York
;
E. W. Clark
& Co..
The
$558,000
Koom
30
23.
1¥.\N'rED.
BROAD STR2ET.
GAS ST OCK S
A
SPECL&J>TT.
Bronklf-n Seciiritle«
E.
Sold
Bailey,
S.
7
Bonshtand
PCNE ^TRKET.
Jersey City and
tt.
wm.
'
WAIVTED
Dealings In
Insurance
FOR SzlLE.
New Brunswick 7 per ct- bonds. 1897.
UTLEY, 31 Pine St., N. V.
Stocks
A SPECIALTY.
:
Sontli Carolina Sc Louisiana
State Rond«;
Jackson Ac Gt. Northern,
Orleans
Neiv
and mobile
Ohio Railroad Bonds ;
Mississippi Central,
ic
;
City of Neiv Orleans Bonds.
LEVY
BORG,
ic
WALL STREET.
38
STOCKS
BONDS
and
First-Class Investment Securities,
ClXr BONDS OF ALL KINDS,
Railboad Bonds and SournKKN Skoubitiks or
The
nnderBigned
W^ANTED.
Southern Railroad Bonds, all kinds.
Toledo Logansport & iiurllngton Bonds.
Kansas Facltlc Itallroao bonas.
Union St, Log;innport Bonds.
Indianapolis & Vincennea Bonds.
FOR SALE.
A COMPLETE SET OF THE
&
Financial
the
N. C
.
Is
July 1, 1865, to
offered for aale
WHITE,
42 Cedar
classes of
WKDNESDATS AND SATUHDAYS.
ADRIAN
II.
iniJLLER
PINE STREET,
No. 7
Street,
THIRD FLOOR.
NK#
&.
SON,
yOKK.
Bonuer &
G. T.
No. 20 Broad Street,
New
W.\LSTON
BllOWN & BRO.,
H.
34 Pine Street.
CHICAGO & ALTON RAILR0.4D
»Ix Per Ct. Gold fluking Fund Bonds,
UNITED STATES TRUST CO., Trustee.
Free of all Tuzeji, impoyed or to he iittpo.s€d.
Interest payable May 1 and Nov. II'Ati.
These bonds are a direct nbllgatlon of the Chicago
A Alton RK., and have a first Hen over the Chicago
Kanras City & St. Louis RR.— 162 miles— In l-IIssourl.
They are recommended as a safe and desirable la-
Bonds due
ve^tment.
sale at par
and
Interest.
JEMJP, PATON & CO.,
No. 5a WILLIAM STREET, NEW YOKli.
Texas Bonds.
STATE, RAILROAD, COUNTY AND
mVNICIPAL BONDS,
B
CVOHT AND SOLD.
TEXAS LANDS
.\ND
LAND SCRIP FOR
BALE.
Correspondence Solicited.
Broadway.
J. C. CIIEIV, 29
ryHE UNDERSIGNED WILL PURCHASE,
at par and accrued Interest to date, the fol
lowing coupons due January
1,
1878
:
&
Isdianapolls RR. Co. Ist Mortgage.
Columbus
&.
Indianapolis RR. Co. 2d Mortgage.
Columbus
&
Indiana. Central Railway Co. 1st Mort.
Columbus
A. ISELIN
New
York,
May
&
CO., 48 Wall street.
24, 18;8.
BURLINGTON CEDAR RAPIDS
Sc
NOKTHERS RAILWAY COMPANY.—Coupons
of this Company and those of the MINNEAPOLIS &
ST. LOUIS R.\1LWAY COMPANY (guaranteed by
Company), due June 1st, will be paid on and after
that date at the Continental National I'ank.
ALEX. TAYLOR, Treasurer.
this
^
ST.
^
LOUIS RAIL-
COMPANY.— The Coupons of this Company, due June 1st, will be paid on and after that
date at the Continental National Bank.
W. D. WASHBURN, President.
/^FFICE OF
THE CHICAGO AND
NORTHWESTERN RAILWAY CO., No. 52 WaU
New York, May 16, I87S.— A Dividend has been
St.,
de-
clared of 3>i Per Cent on the Preferred Stock and 3
Per Cent on the
Common Stock of this Company, payon THURSDAY, June 27, prox., to
able at this office
the ISth of June next.
open on
The transfer books
will re
SATURDAY, June 39, 1578.
Ifork.
M. L. BYKES,
Jr.,
Treasurer.
:
& Milwaukee i;u. 1st and 3d Mortgage Bonds.
& Pike's Peak UK. 1st Mortgiigc lionde.
Keokuk & Des
Molnt's RR. Ist Mortgage Bonds.
Chicago City
and
7
from fljaling debt.
remaining for sale at 95 and
accrued interest.
N. T.
Atchison
6
in-
have sold during
stockholders of record at the closing of the books on
Co.,
BANKERS AND BEOKEES,
AVANTKD
CHRONICLE from
embracing 26 bound Tolumes,
at a very moderate price.
REGULAR AUCTION
all
ON
Detroit
A full set of
of
bonded debt.
WAY
STOCKS AND BONDS,
Chronicle.
date,
hold
SALES
We
entirely free
MINNEAPOLIS &
At Auction.
ALI. DEaCBIPTIONS.
Commercial
is
We have a fnvt bond;
_^__
DXALS IN
entire
its
mortgage bonds are the only
the past four months over $500,010 of these bonds.
The company
Alabama,
Cash paid at once for tbe above Securities or tney
will be sold on commission, at seller's option.
Albert E. Hachiield,
18 WALL STREET, NEW YORK,
first
debtedness of the company.
See quoutlons of City Railroads In this paper
Northern Pacific BR. Preferred -tock and Bonds.
Oregon Steam Navigation Co. Stock.
Claims on .Jay Cooke & Co.
Tfxas I'ailflc RK. Land Grant Coupon Bonds.
JefTiTson. Madison & Ind. KR. 1st and 2d Mort. Bonds
Sandusky Mansfield & Newark BK. Bonds.
City, County and Town lioiuls of Ohio, Iowa & Wis.
Lolli^vHle&NaBhvl le Kl!. Stock.
Fort Wayne Jack. & Saginaw UK. Bonds.
Interest-paying Bonds of Southern Railroads.
Cairo & Fulton R'<. Bonds, all Issues.
Kansas Pacific liallroad Bonds, all Issnes.
more
Mortgage Bonds, while th»
its First
greater than the interest on
RROADWAY,
BOUGHT AND SOLD.
Philadelphia.
Geo. H. Prentiss,
on
NEW YORK.
CITY RAILROAD STOCKS & BONUS
during
net earnings for 1877 were two and a-half timet
Grant,
L.
No. 145
KELEHER
Sc CO.,
BANiiERS AND BROKEitS,
ST. I.OU1S.
References.— Messrs. Clarfc, Dodge A Co., Pneyer &
P. F.
H.
and
years;
five
per cent, the amount required to pay the
fifty
For
Municipal Defaulted Bonds.
Holders and dealers would consult tlieir tnteresta by
conferring wltti ua. Kellable information cheerfully
The road has beon com-
running
over all expenses have each year exceeded, by
interest
Samckl Willbts,
Wjl. WhiTKWRIGHT,
Oio. Cabot Waed,
E. B. WE8LKT,
Tbkodoee Uoosevelt.
G. G. Williams,
jr. H. OGILVIE, Secretary.
Wanted Money
and
these years of business depression tke net eafningg
than
M. McLkan,
AUGUSTtIS SCHELL,
UENTKAL ILLINOIS LOAN
old
Yankton, the capital of Dakota, a
pleted
SAVINGS BANKS EVEN, prove
The
to
Interest allowed on Deposits, which may be made
and withdrawn at any time.
N. B.— Checks on this Institution pass through tne
KINU, PreaitleM.
Clearlne-House.
J.
stands unmoved amidst the storm. If you
wish Investments AHbOLUlELY SAFE IN ANY
CONTINGENCY, address, for circular-" Actuary of
The Dakota Southern Railroad runs from Sions
City, Iowa,
LEGAL DEPOSITORY FOR mONElf.
OLD AND TRIED.
Bonds, Stocks,
ilSi,iMO,
tote of t9,0J0per mile of road.
distance of 62 miles.
SoHd Ten Per Cent.
AGENCr
tfie
tor,
W«. WniTKWRionT,
brittle reeds.
Fund, Hi.OCO. Amount now Outstanding
Per Cent Bonds.
#
FOR SALE:
Brooklyn
Stocks,
GAS STOCKS,
Loulvllle City G and " Per Cent Bonds.
LouL^lana StMe 7 Per Cent Consol. Bonds.
Kansas Pacific RK., Learenworth ISranch Bonds.
Mobile & Ohio Kallroad SterUng Bonds,
Beers, Jr.,
_.„
«
X WA
L L""S T B E E T
,
xmm
MERCHANTS' MAGAZINE,
Hi'NT'S
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTEHESTS OF THE UNITED STATES
VOL.
SATURDAY, JUNE
26.
CONTENTS
Securities,
S.
537
1878
Latest Monetary and Commercial
News
Enslish
Commercial
540
Qiotationsof StocIvS andBond
..s 544
L,ocal Securities
515
Investmenlts, and State, City and
Corporation Finances
546
i
1
THE COMMERCIAL TIMES.
Commercial Epitome
550
550
Cotton
Breadstuffs
Dry Goods
!
5*>5
Imports, Receipts and Exports
Prices Current
t54
...
5.'j6
557
Clxronicle,
*ffit
The Commkbcial and Financial Chronicle is
day niorning, with
t/ie latest
neirs
up
to
issued on Satur
midnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE
ADVANCE:
IN
For One Year, (including postage
ForSix Months
Annual subscription Id London (including posatge)
Six mos.
oo
do
do
,$10
20.
6 10.
£2
.5s.
1
6a.
Subscriptions will be continued until ordered stopped by a written order, or
at the publication office.
The Publishers cannot be responsible for Remittances
unless made by Drafts or Post-Ofllce Money Orders.
IjOndon
Office.
The London office of the Chronicle is at No. 5 .Austin Friars, Old Broad
Street, where snbscriptions will be taken at the prices above named.
Advertisements.
Transient advertisements are published at 25 cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal discount is made. No promise of continuous publication iu the best place can be
given, as ail advertisers must have equal opportunities. Special Notices in
Banking and Financial column GO cen's per line, each insertion.
B.
WILLIAM B. DANA,
& 00., Publishers,
YORK.
Jons G. FLOTD, JR. f
79 Sc 81 WUliam Street,
WILLIAM
I
DANA
NEW
Post Office Box 4.592.
It would, certainly, be very diswere to be executed according to its intent,
for the constant reissue of the notes as redeemed would
necessarily enforce suspension again, and acting in
connection with the Silver bill, would finally result in a
currency with a silver basis and value. But fortunately
there are practical difficulties which are likely to interfere with the intended working of the measure.
allowed, for instance, last week that there can be no
re-issue of a legal tender after it is redeemed, unless in
payment of some specified demand against the Government, since all current demands are otherwise provided
for;
receipts from taxes [covering all Government expenses 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 practicable, and the power of the Government to force its
paper upon the people in time of peace be put forever
if it
We
—
at rest.
Of course, if the re-issue of the greenback, after being
redeemed in gold, is not feasible, the provision of the
above act forbidding the further canceling and retiring
The
first effect is
evidently to keep the notes at their present
amount until
of these notes,
t^" A
t^"
July,
to
on the same
is
18
Commbbcial asd Fisanoial Chroniclb—
date— or of Hukt's Mebchants' MAeAziNE, 18-39 to lb71, inquire
For a complete
ISfiS.
is furnished at 50 cents; postage
for subscribers at $1 50.
neat file-cover
Volumes bound
ceuts.
of acts in conflict
see no reason for modifying, in any particular,
our opinions expressed with regard to the effect and
turbing
Miscellaneonj
News
|
and parts
operation of this law.
£88
and
I
I
Railway Stocks, Gold Market,
Foreign Exchmge. N. Y. City
Banks, Boston Banks, etc
541
All acts
675.
We
Imports and Exports tvr April,
THE BANKERS' GAZETTE.
Honer Market, U.
NO.
1878.
their stead as now provided hy law.
herewith are hereby repealed.
THE CHRONICLE.
Legal Tenders Rc-issned
533
The Process of Recovery
534
The * Glove" Case and its Suggestions
535
The Conference and the Prospect
of Peace
63S
The Coal Trade
537
1,
set of the
is
redemption begins.
quite immaterial.
When
the time for that arrives the
more legal tenders o itstanding than
would have been, had not the law been changed,
^~ The Busine'B Department of the Chronicle is represented among
will result only in a larger volume being presented for
Financial Interests in New York City by Mr. Fred. W. Jones.
redemption.
Mr. Sherman, therefore, will be compelled to provide himself with sufficient gold to meet
LEGAL TENDERS RE-ISSUED.
As we anticipated in car article of last week, the this further demand as he undoubtedly will do and as
We do
Senate, on Tuesday, passed by a very decided vote the they are redeemed they will virtually be retired.
this
act,
either
provision
of
as it
therefore,
that
not
see,
bill previously introduced by the Finance Committee foror
interfere
resumption
plans
with
now
stands,
can
affect
bidding the further cancellation of legal tenders and
at
the
fact that there are
office.
there
—
—
The
act in full is as
That from and after tlie passage
of this act it shall
directing their re-issue as redeemed.
follows
r,'
not
it
lie
The weak point
:
enacted, dc.
lawful for the Secretary of the Treasury, or other officer under
him, to caucel or retire
nud
when any
any more
of said uotes
of the
United States Icgal-tciulcr notes,
may bo redeemed
or be received into the
Treasury, under any law, from any source whatever,
the Uuited States, they shall not
he
and
shall belong to
retired, canceled or destroyed,
but
they shall he re-issued, and paid out again and Icept iu circulation ; provided that nothing herein shall prohibit the cancellation
ot
their success.
and destruction
mutilated notes and the issue ot other notes of like denomination In
in
the situation
stated last week, the Silver
confidence that
bill.
is,
however, as
we
But we have great
when our currency has been
established
have been
and the resulting
see the
will
people
our
upon
us,
not
come
predicted do
bo to
then
can
it
Certainly
repeal
it.
law
and
folly of that
on a gold
basis,
evils that
the advantage of no one to pursue a policy that must
eventually end in making our dollar worth only ninety
cents,
:
.
THE CHUONICLR
534
THE PROCESS OF RECOVERY.
We noticed two weeks since some of the more promOur
ising aspects of the present commercial situation.
improved
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 earnings, were mentioned as the distinguishing features.
Of coarse to conclude from such facts that complete
recovery will be immediate, and is inevitable, would be
against reason.
We only threw out the suggestions as
evidence that forces were at work which in the end
must effect a cure; but whether those forces shall in the
credit,
future act quickly and vigorously, or feebly and slug-
Voi>.
something
like this:— first, the great losses suffered, from
the causes mentioned, compelled universal economy in
living and production; the same influence forced many
hands into the farming districts, and led to enlarged
production everywhere; as a result we have had abundant and increasing harvests, and the quick returns secured
have afforded the means for supplying the waste of preidle
vious years; a rise in the value of farms in the older sections 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
we then had received have come
and the following summary prepared from them pre-
repor;s other than those
in,
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.
sents a better indication than
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 1842 and 1857
as further confirmation of their belief.
There is the
A'chison Topeta
of the
growth of
this
we could
movement
January
Union
to April,
&
four months.
II
Acres.
Santa Fe
&
inois Central
Kansas Pacific
St. Paul & SioaxCity
Sioux City & St. Paul
Northern Pacific
Denver
Pacific
,
Valve
...
,
Vaiue.
$79,436
108,418
515,417
9,842
196,091
1,048,70)
8,780
55,417
15,7E4
939,74-2
6,703
67,322
38,541
87,032
22,131
51,500
4,720
39,250
2,269
18,325
4,811
S3.873
2.36-2
18,626
1-27,271
431,448
31,724
103,820
33,226
229,556
8,500
52,500
22,787
141,210
6,250
40,000
165,564
,...,
1877.
,
icres.
$416,833
Pacific
Mo. River in Nebiaska
Grand Rapids & Indian i.
Missouri Kansas & Texas
Fl nt & Pere Marquette
Bnrl.
at that time give
1878.
8.
,
We
know
XXVL
18,500
36,141
81,175
105,CC0
791
4,100
appearance of force in these suggestions. We have Little Rock & Fort Smith
39,438
173,95)
13,069
57,634
Paul & Pacific
162,060
33,000
suffered under two of the most wasteful agencies any St.
Total
867,151
26,601
$3,991,091
$534,121
country ever survived ; first a prolonged and peculiarly
Here is pictured one result of the recuperative prodestructive civil war, and second, a speculation made
doubly prodigal through the fictitious values fostered by gress made, and the promise of far greater results in the
currency inflation. These two agencies left us over- future. But enlarged cultivation means not only a
whelmed with debt, national. State, municipal, corporate, greater production, but also increased labor employed
and individual. We admit all this, but we claim simply upon the raising, moving, and handling of these larger
that we have already been producing, economizing, and crops; and all this again, as we stated on a previous
and now the occasion, has led to the greater earnings by railroads
for freight and passenger trafl5c, and these to a renewal
of dividends and interest payments before suspended,
any previous similar period, as, for instance, 1842 or which in turn permit a further consumption of all proWe
1857, too little importance, we think, is given to a ductions by the holders of such stocks and bonds.
remarkable change which has taken place in the agencies showed two weeks since that our railroads, judging
Even in 1857 the cost of moving from those reported, had increased their earnings ten
existing for recovery.
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
9c. per 100 lbs. is the charge. Then we had 25,000 miles within the past two years we can more easily measure
now we have 80,000 miles. One does not the recuperative force involved in these figures. What
of railroad
require to be' told that the Western farming interest industry will not feel it ? To develop the same thought
cannot be kept depressed, under present surroundings, further we have compi'ed 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
Takchiefly confined to its own neighborhood for consumers. of the railroad stocks and bonds on that list.
liquidating
for
four and a half years,
evidences of a decided recovery are becoming apparent.
Then, again, in comparing the present situation with
;
;
Now the
producer
is,
nection with not only
at a trifling cost, in
all
absolute con-
parts of this country, but with
ing that result as representing the railroad property of
the country, it would show that such securities have a
money power now which they did not possess at the
beginning of the year of 250 millions of dollars. Of
one product, and that in a very limited way, he finds course this is a very rude estimate, and besides we may
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
all
the markots of the world
;
and, furthermore, instead
of furnishing those markets, as he then did, with only
change is, we might almost say, immeasurable, and to based upon income, and to that extent, therefore, gives
compare, therefore, the Western condition of to-day to each possessor the ability to command new capital for
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 ia
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.
The same conclusion is also'reached from another and
from that centre the circle of influences gradually widenThe very different starting point. For none the less clear
ing until the remoter effects become manifest.
process by which th^ie ends were reached has been and marked, if we would observe it, is the progress, and
Jdhb
1,
THE CHRONICLE.
1878.]
the changed character of that progress, in our manufacturing industries. In 1857, revival of those interests must
have come almost wholly through a renewed purchasing
power very slowly developed within ourselvep, for home
requirements were the only consumption we could claim.
Now, however, our exports show, and the facts which
may be gathered at every mill show, that the manufacturer
535
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
the rules themselves, which are
—
—
all departments can produce nnd is producing so
meet a foreign demand, and is thus securing capital
which he never could secure before. Of course, this foreign 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 meet
this movement thus begun in the East, and we may, it
seems to u?, I'-'ok for a prosperity, both in volume and
be represented by persons as expert as himself, there is
an array of appraisers; upon the further assumption
rapidity of development, never before possible.
client,
in
almost
as to
THE
"
OLOVE" CASE AND ITS SUGGESTIONS.
The seemingly chronic trouble between the importers
and the General Government, in the
that the importer will cheat
if
he gets opportunity, and
that appraisers are not enough,
comes
in,
and
it is
the "special
agent"
quite in the nature of things that he
assumes that there is cheating, and then
it out.
Unlike the ordinary attorney, whose clients are changing and who is not condemned if he loses cises, the special agent has only one
very often
first
goes to work to ferret
and he
is
beset with the thought that
if
he does
not justify his work by finding out something, his place
will
become
insecure.
of thinking
Ilis
his client
habit of
mind becomes one
perpetually the
victim of con-
and hence an excess of zeal, under
taken, well illustrates the favilty theories upon which which the idea that they can be honest in any differences
the collection of duties is practically conducted. The of valuation can hardly get lodgment with him, is perfacts are, that the Custoro-IIouse 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 consideravalue, 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 teu days
when the issue on trial, and of course the one which concerns
simple suggestion was at last adopted that the parties him most.
This could
not
well be
otherwise,
in interest be allowed to take their goods on giving full even upon a
system of exclusively salary comsecurity for all the differences claimed by the Govern- pensa'ion, 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 occurconcerns 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, which 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 testitime 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 large harsh 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 Bot 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 arbidifferent makes that the value of similar goods at the trarily makes its own interpretation of the law, is as
latest
phase
it
has
scienceless importers,
—
—
•
:
;
exporting place does not furnish a precisely accurate
be wrong about the facts as the importer is;
Government should strive to hold itself aloof as an
unprejudiced third party, no more making a presumption
than a court makes one, but recognizing merely that a
difference exists and then proceeding to fairly ascertain
which is right. Government must decide, and Government 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 tbey are largely profitable when success". the necessarily one-sided and habitual zeal and partisanful.
All this nobody disputes; the difficulty all arises ship of its own servants. Secondly, the infliction of
in the manner of deciding these differences, which are penalty prematurely is a positive outrage.
We do not
as natural, and may be precisely as honest, as those refer here to what was done under the "moiety" and
which arise hourly between buyers and sellers about the "seizure" .-ystem as executed by Special Agent Jayne,
quality and value of goods.
Why should they not be but to detention of imported goods, as when these dissettled as peaceably and as fairly as those other differ- puted gloves were kept from their owners for weeks,
ences are? Waiving entirely for the present as being until the season for selling them had nearly passed.
If
a minor injustice growing out of the application of undervaluation had been made, the law was ready to do
wrong rules the methods employed for ascertaining what has actually been done raise the valuation and
the correct value of these gloves, we consider simply impose a fine besides but on top of it all, and befor
i
by which
judge them.
Now it is easy for; the most inexpert person to understand that differences must arise; that it is also no
easy task to discriminate between apparently similar
good-; that it is not only no hardship, but is a necessity,
that the Custom House should dispute valuations; and
stand.ird
to
likely to
the
—
—
—
THE CHRONICLE.
536
determining the issue, the importers were mulcted
by being deprived of their goods. If they were
heavily
innocent of wrong,
it was an undeserved punishment
if
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 importers 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-
guilty,
;
it
surdly untrue.
The saying
well, that there
is
attributed to Secretary Boutan irreconcilable conflict of interests
between the Government and the importers, was as
unfortunate as it was ill-founded; there is no such con-
The hostility between them is no more than
between Government and any class of tax-payers; the
antagonism which arises is the same as exists between
buyer and seller, except that Government has the power
to enforce as well as decide in its own 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 sufi^erable only by
flict.
fVoL XXVI.
and Russia is, it appears, due to the influence of Germany. Prince Bismarck, of course, stands boldly out
in the foreground; and although he had the active
assistance and co-operation of the Crown 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 Stefano treaty.
It was the determination of Russia that that treaty, which was already an
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 vio'alion 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.
The difliculty, however, has
—
—
been got over, Russia not being unnecessarily humiliated, and England not being exposed to any unnecessary
risk.
Russia has consented to submit the entire treaty to
She has already modified many of her
the Congress.
demands; but
herself
to
diplomats,
with her
it
is
understood she does not
abide by the decisions of
if
the
pledge
assembled
such decisions should not be in harmony
own
interests.
England, on the other hand,
making it as uncomfortable as possible should in time has consented to regard the treaty of San Stefano as the
lose somewhat their regard for the public welfare; Gov- measure of Russia's wishes respecting only those points
ernment becomes a debauching force if it publicly practices any injustice, and it is exceedingly dangerous to
give forth an impression that cheating is likely to pay
best, and to live honestly incurs the risk of bankiuptcy;
a Government which treats men as dishonest and is not
careful to deal justly
itself,
does much to make
men
dishon-
on which there
is
no dispute; and to that extent, no
further, the terms of that treaty will be considered in
and 18V1. Stripped of
diplomatic drapery and disguise, the simple truth
seems to be that Russia feels that it is not wise for her
relation to the treaties of 1856
all
to attempt to carry out the arrangements of the treaty
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
sistent, for why complain of dull times while harassing meet in Congress it will be their duty to take into
the business of the class who contribute most largely to consideration the altered condition of Europe, and to
est.
This course
is
violative of truth, for importers are as
Government in frame a new international treaty which shall be binding
While on all the nations of Europe, and which shall take the
It is a great
slack administration of revenue laws, it should place of the treaties of 1856 and 1871.
the public revenue?
these matters
avoiding a
is
Lastly, the duty of
positive
as well
doubts, because
if
point gained, however, that a Conference
is to be held;
has the greater power and will suffer and the thanks of the world will be due to Prince
wrong is done. It is very easy for an official, Bismarck, if, as the result, peace shall be established on a
give the individual rather than
the least
as negative.
itself
the benefit of honest
it
either here or in
Washington,
to carelessly order deten-
sure and lasting basis.
It is not to be denied that both Russia and Great
no penalty, Britain have gained what each is entitled to regard as a
harsh administration victory. Russia has already practically undone the work
but it may ruin the individual.
therefore is contrary to both justice and magnanimity, of 1856 and revenged herself for the Crimean war. She
inflicting
great
wrong upon
a
a
person in has compelled the nations of Europe to admit that the
order to avoid a
slight one
to the community, treaty of 1856, even with the modifications of 1S71, ia
neither just to her nor suited to the times, and that it
and striking
a blow
at
commercial prosperity
This is undoubtedly a
must
give place to another.
in the purely economic sense, it is an assault by Governgreat
victory.
It
is
a
victory
over
both England and
upon
ment
its own supporters.
Our tax system, full as
On the other
it is of crudities, enors, and mischievous effects, will France, and, in a sense also, over Italy.
never be really reformed until its underlying idea is so hand, it must be admitted that Great Britain, in com-
tion of goods or some other arbitrary exercise of power
it inflicts
no
loss
on him and subjects him
;
to
A
;
"
changed that the constant rule is this to take the least
is necessary, from such industries, at such times and
in such a manner that it shall hurt the least possible.
At present, our tax methods resemble those of a fruit
gatherer who cuts the trunk and breaks the limbs in
order to get the fruit from the tree.
:
that
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
she has stepped forward and asserted the sacredness of
At the critical moment, and when the priae
was about to be clutched, she prevented Russia from
and
It was a daring act
seizing the fruits of victory.
PROSPECT OF there were many who feared that the British lion would
be punished for his temerity. It has been far otherwise.
between England England has compelled Ru*ia to abandon her proud
treaties.
;
THE CONFERENCE AND THE
PEACE.
The improvement
in the relations
—
:
Jdwb
1,
THE CHRONICLK
1878.1
537
Week.
1878.
1877.
88,080
25.78*
88,166
19,678
819,575
781,871
711, Ml
rtffm Dec,
8«,M1
38fi,t.S2
«4»,il5
447,487
181,883
Dec,
Dec,
86,894
184,087
481,416
5,007,886
«,9ei,578
Dec,
1,894,847
week on
this statement is
Interest*.
and she has proclaimed to the world the DeUwaro Lack. A Westtm..
Delaware A Hudnou Canal...
and
nation
between
truth that treaty arrangements
l*ent)i*ylvHnIa Kailroad
preteasions
a
;
DIflereoee.
Deo,,
ni,79»
nation are not to be violated with impunity. The British
people have reason to feel proud of the policy pursued
Pennsylvania Cual Company.
by the Government. A less warlike policy the policy
advocated by the opposition leaders would most cerRussia would have carried out her
tainly have failed.
purpose and the prestige of Great Britain would have
approximated
from the weekly returns of the transportation companies, and is
subject to adjustment each month to conform 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 compauies, amounted to 393,-
—
—
;
As
seriously suflfered.
it is,
she
reasserted her right
iias
For
to a proud place in the front rank of the nations.
credit
is
little
not
a
achieved,
the result which has been
due to her 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
Crown.
what will be the
result of the deliberations of the august body of men who
It may, we think, be
are so soon to assemble in Berlin.
the greatest ministers of the British
It
would be unsafe
as yet to predict
Total
"
Tbe tonnage
132 tons, against 504,195 tons in tbe corresponding week last year,
The total amount of anthracite mined
a decrease ut 111.063 tons.
for tbe 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 of
bituminous coal sent to market for tbe week amounted to 63,884
togs, against 69,676 tons in tbe corresponding week last year, %
decrease of 5,793 tons."
IMPORTS AND EXPORTS FOR APRIL,
—
Aroo9t'k,Me
Baltimore ..
Bangor, Me.
B' stable, M's
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
Cnstoma
Ap'chcola,
....
...
.
F
1,800
1,400
1,875,93:1 3,933,.358
Batli.Me. ..
Beaufort.NC"
Beaufort. SC
war
108,461
Me.
100
476
Boston, Ms.. 3,189,799 4,189,684 29,902
Brazo?, Tex
Not reported
indemnity which she demands from Turkey. But she Bridget'nNl
Br'l&W'n UI
will insist on greater freedom and larger privileges on Brunsw'kGa
BuffCrk,NY
the Black Sea and in the Dardanelles and it will be Barl'ton, NJ
CVinc't.NV
difficult for England to carry the Congress with her Castine, Me.
Chmpl'n.NY
Greater Charlstu, SC
if she should oppose Russia in this matter.
Ch'stone, Va
privileges obtained in the Black Sea and in the Dar- Chicago, 111.
Corpus Cliris
danelles may induce Russia to consent to the per- Cuyatioga,
Duliiware,
manent occupation of Bosnia by Austria, and to the Detroit, M'hD
Min
permanent occupation of Egypt by England. An Eng- Dulnth,
Dunkirk NY
....
212,998
157,35i
16,394
30,710
8,060
protectorate of Asiatic
Turkey
is
already spoken of
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 operations.
The British Government has also pledged
as
712
194,746
2,740
P.Amboy, NJ.
....
Pcteisbiirg.Va
Philadelphia..
5,019
247,858
...
3
364
6
..a.
it is
Geor"e'n,8 C
Glouner, Ms
3,633
5,086
not unreasonable to conclude that a portion of that ter-
OtEIIar.NJ
Huron, .Mich
which Russia would have permanently added to Kennebk,Me
Key West, F
Bulgaria, will be annexed to the Greek Kingdom.
One L E Bar, NJ
Machias. Me
certain result of the Congress will be to transform Mar'head, M
Miami, Ohio
the maps of Europe and Asia, probably Africa as well. Mic'C'in, Mh
be well
the transformation shall be
if
accom-
panied with such changes in the conditions of the peoples as shall conduce to prosperity, contentment and
72,003
M'town, C"t.
Milwauk,
Min'sota,
W
....
M.
9.776
The following
of the Philadelphia Ledger one day last
" The leading coal carthe following Bumuiary
rying companies make the following reports of their tonnage for
the week en ling on May 18, and for the year to the same date,
compared with their respective amoanta carried to the same
time last year
StJohn
s.
Reading Riillroad
Schuylkill Navigatioii
Lehiijh Valley
Delaware Lackawanna
&
200,5.27
86.688
71.828
l,4.j8,13J
Western..
121,6«3
3;j,030
6il,4H
Shamokin
13,478
New Jersey
DnitedR R. ofNcw Jirsey
47,127
10,166
21,245
27,787
4,848
31,451
21,531
133,T9»
651,405
864,330
Ccutral of
Pennsjlvanla Uoal
Delaware & lladson
Iluntiii'-dnn & Broad Top
Pci.n^vlvauia &
Clearfltld, i-cna
New York
190,Bfi8
739,654
83,'>40
40S,881
458,956
1'77.
Difference.
2,6t8 475
178,052
1,825,100
881,387
179,749
1,041.374
348,I9i
868,971
795,818
101,869
516,067
50i,460
Dec, 45<i,:i69
Dec, 66,883
Dec, 3ti6,9t,7
Dlc, JSS.SH
Dec, 45,929
Dec, 38»,!.(>8
Dec, 83,861
Dec, 178,404
Dec, 5'i,166
Dec, 21.829
Dec, 107, 18';
Dec, 55,474
"The
Anthracite Board of Control, through its accountant,
reports shipments of anthracite coal during tbe week ending May
18, 1878, and total for year to date, compared with the corresponding time last year:
Week.
IntercBls.
Central of
New
Jersay
191,316
61.765
4»,t,70
1878.
1,345,416
1,073,219
625,164
....
. .*>
241
4,817
19,004
3,033
2,830,483
655
1,500
38,164
8,453
761
1,617,083
1,684,399
11
....
18
18,899
3,991
3,786
238,219
114,144
....
7.ii4
8,712
.
1
.
19.840
1S9,848
223,443
83
KO
91,575
.-..
•*
•..
....
...a
....
....
....
...a
..••
...a
...a
...a
.
.>>•
•
••
495|Yorktown,Va
are the totals for the
•
a.
500
VVilm'ton. NC
Wiscasset, Me
..lYork, Me...
.
••
...
.
6,7&8
Wal'boro, Me
Willamette.O.
3!.80O|
132,3481
•
P..
.•
..••
month
|
of April:
Foreign exp'ts.tl,0S9,604
1877.
1,983,086
1,486,455
1,082,796
Difference.
687,670
418,2)2
407,631
Dec,
Dec,
Dec,
Hay
28, 1878.
.
Month
of
,
Mos.
ended
10
Apr. SO.
April.
$58,869,478 $581,528,881
MerchandUt.
Exports-Domestic
Foreign
1,089,604
11,660,471
1877.
.
>
Month
10 Mo8.
of
ended
April.
Apr. 80.
$43,373,063 $503,734,831
1,041,461
10,96:1.465
$59,959,082 $698,187,29J
35,445,011 365,661,851
$14,411,520 $514,617,789
42.6;6.:i5:a
358,183,681
Excess of exports over imports $21,511,071 $227,625,441
........
ExcOfS of imports over exiKjrts
Gold <t Silver (coin <£ bullion).
$2,927,5t7 $21,808,111
Exports— Domestic
5,275,801
1,084,225
Foreign
$1,738,176 $166,514,1(8
Total
Imports,.'..
$4,011,822
6,951,157
Total
Imports
Excess of exports over Imports
Excess of imports over exports
Mochandise and
Exports-Domestic
Total
Specie.
$
$1,825,567
2,081,795
$26,156,587
9,237,115
$27,077,914
25,794,400
$8,907,362
$35,893,718
34,338,701
$1,288,514
$2,S;3,951
1,583,411
$
2,989,988
1,989,835
„
$61 ,797,075 $803,828,934
16,988,278
$45,198,885 $589,890,891
8,123,268
20,800,610
$68,970,904 $620,865,206
41,429,168 891,3',6,-.ai
$4S,32I, 891 $530,091,501
44,859,764 396,516,322
Exceas of exports over Imports $32,541,736 $223,908,955
Excess of imports over exports
$4,068,127 $153,575,179
Foreign
Total
Readlnc Railioad
Leblah Vall.:y Railroad
39,i38
97,147
St.Mark's, P..
St.Mary's, Ga
SPECIE VALUES .—C&rrecte* to
187a
:
18:8.
2,'.89,08«
6,294
St.Augtine.F
198
Imports. ..#35,448,011 Domestic exports. $69,211,563
Specie value of domestic exports, $58,881,478.
article
Week.
427,900
Comparative statement of the imparts and exports of the
United States 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:
THE COAL TRADE.
The money
week reported
565
143,5i6
lOJ
9,9)6
.925
Or
I
peace.
....
..
Savannah, Ga
700 S. Oregon,
88,710
1,620
27
.* >•
4,218,963
Vickeb'gMiss
83
..*.
13,851
1,510,459
Stonington Ct
679,021 4,477 8uperior,Mich
Tap'nock, Va
Teche, La ..
40,391
Vermont, Vt.
90,188
2a'5,-.45
NY
S.Francisco.C
840
ritory
It will
Me
Sandusky, 0.
....
31,890
-••
....
....
-...
..>•
....
Harbor,
Salem, Mass..
3aluria, Tex..
San Die?o, Cal
....
Gcorge'n.DC
and
Saco,
758
Qenesee.NY
;
415
WT
8.
32,499
....
....
Plymouth. Ms
Portland, Me..
Po'moutu, NH
Providence. RI
1,274 Pt. Sound,
.... EUcbmond, Va
....
439,2.38
attend to the interests of the ttreeks
22,647
5,531
42,984
88,002
123,250
2,44i
.3,008
113,718
4,188
94
2,974
itself to
58,872
1,044,721
Me.
T
N Bedford, Ms
.••
....
.
Pensacola, P..
1.9.i4
15,773
15,663
F. liay.
Galvest'n,
...
1,6.3d
EastDist,Md
Fernaiidina.
962,996
....
65,398
Edi'art'n,M8
Erie, Pa....
Fairfleld. Ct
P. Riv. Mass
2,592
NY
NC.
....
....
;
lish
.Mobile, Ala...
Montana, &c.
Nantucket.Ms
Natchez, Miss
Newark. NJ..
i;4,i)93
5,720
19,303
4S
700,000 9,450,181
2,905
670
.
NewYork.NY 21,964.751 27,278,746 923,090
Niagara, N.T.
107.458
1,.^40
14,:J76
Norfolk, Va..
624
811,081
Oregon. Or...
1,051
T?,839
O'gatchie,
38,038
18
99,1,58
Oswego, NY..
5,944
Pamlico.
1,765
1,705
. ••>
5.915
P del Norte, T
,
,
P'nuoddy, Me
13,091
160,049
46r
P. River, Miss
....
11,616
• *
Belfast,
she consents to a considerable reduction of the
,
Domes tlclFor'n.
*
$
Nburyport,Ms
Nw Haven, Ct
N London, Ct
N Orleans, La
Newport. R.I.
3,677
8,940
19,329
l,OU0
296
KijKirts
.
1
....
..a
Imports.
Districts.
Alaska, A.T.
extension of Bulgaria to the yEgean Sea will have to be
will
Bxpo rts.
Imports Dom'tlc
For'n
t
$
$
.
Cnetoiss
Districts.
Al'mrle, NC.
Al'xdria.Va.
An'poli9, .Md
She
1878.
Statement, by Customs Districts, showing the values of merchandise imported into, and exported from, the United States
during the month of April, 1878:
taken for granted that Russia will very largely abate
her pretensions. It is certain that her plans for the
abandoned.
for the
Imports
2,173,82J
:
..
:
MAY
OH—
TIXS.
Paris
Paris
Berlin
RATX.
02.i.«
months. 35..50 a25-35
VO.58. ©aO.bJ
(•
.0.58 aao.Bi
*'
2058 @i0.6l
'*
•J5.35
®S5.40
short.
3
Hambnrg
Frankfort
....
An'.werp
AmBterdam,.
AmsterJam
Vienna
Genoa
.
3
...
J5.15
short.
m}i®U.3ii
mouthB.
li.4>4@Ii.5>i
U.35
*»
2S.12%&i8.nx
47
'*
7-ieaiV 916
51fi(a31K
....
....
Bomoay
63 days.
Aiexindri"*...
1
May
May
35.16
17.
17.
'*
mos.
181. SO
short.
J7.65
3
the average quotation for English wheat, the price of Middling
20.43
30.43
20.42
25.17>^
13.18
"
15.
8 mos.
Dpland
....
....
....
May
17.
2y.
A or.
I J.
9
S4.
60 days.
90 days.
"
15.
16.
1574.
Circulation— inchiding
bank post
**
U. »Kd.
and9rx
it.
3 mos.
IFiom oor own correspondent.]
London. Saturday,
May
is:j.
18, 1878.
1876.
1878.
1877.
£
£
£
88,213,477
7.174,78!
20.271,2.9
23.8U,510
25,019,777
6,557,403
6,7-J6,485
81,20.3,571
l",715,--n9
17,221,918
15.3d1,904
19,36),ls2
81,417,030
15,556,483
19,911,371
9,159,093
13,663,419
11,514,653
10.C-J7,582
21,242,113
28,563,340
24,993,663
23.358,4-:7
4922
4014
37-38
2 p. c.
96 2-3
8 p. c.
45s. Id.
3 p. c.
93>i
653. 7d.
6>id.
5Xd.
6d.
9Sd.
9><d.
86,988,000
£
Bank-rate
4 p. c.
3}i p. c.
Consols
Via
SIX
English wheat.ar.price
68s. Id.
42b.
8d.
Mid. Hpland coiton...
8i^d.
7)id.
No. 40'8 mule twist.fair
Sdquallty
1>. OVd.
Is. IJid.
Clearius House return. 111,751,000 119,503,000
Ss.VXd.
"
!4.
and
27,400.364
6,412,644
17.029,569
13.588,116
£
86.553,871
to liabilities
U. h%d.
14.
15.
2Td. per ml.
mos.
16.
bills
Public deposits
li.7S5,152
Other deposits
18,188,691
GoveniniL'nt securities. 13;9i)5,4'il
Other securities
13,723.673
Reserve of notes and
coin
10,468,605
Coin and bullion in
both departments ... 1,61.\333
Proptrllon rf reserve
49)t@i9«
*'
6
twist, fair second quality,
previous years
4.85
23
83
'*
Mule
cotton, of No. 40's
the Bankers' Clearing House return, compared with the four
23 1-16
48. SO
"
15.
ct.
8
3
2)4
2)J
Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of Consols,
RATE,
'*
17.
Apr.
Apr.
Apr.
May
May
May
May
M.y
U. SKd.
u. iy,d.
**
Calcutta
Hong Kong...
Shan (Thai ....
short.
3 mos.
17.
:
Per
....
York....
Baenos Ayres
Lima
IT.
May n.
May 17.
al-3-4l
Riode Janelio.
.
short
i-'/i&ii
90 days.
Peruarabiico.
17.
by the joint-stock banks and
Discount houses at call
Discount houses with 7 days' notice
Discount houses with 14 days' notice
«.12H@'38.n>,
*'
Madrid
Cadiz
Lisbon
TIME.
May
May
May
May
May
May
**
"
St. Petersbnrg.
tATEST
DATE.
interest allowed
XXVI.
Joint-stock banks
EXCHANGE ON LONDON.
17.
rates of
[Vol.
discount bouses for deposits are subjoined
uv UVCHANGB AT LONDON AND ON liONOUN
AT LATB8T DATB8.
itiUHAWOB AT LONDON-
New
The
uctavLTl Cif MxmcvctaX giifiUsTt ^cxws
B4'riis
:
THE CHRONICLE.
538
pX
..
14,545,?,6^
llJid.
96!<
528. 4d.
105,872,1.00 108,173,000
There has been no German demand for gold during the week,
Count SchouvalofiE is expected to return to London next week,
and en his way will have an interview with Prince Bismarck. but our 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 afTairs cinnot 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 53id. per ounce. Although the
course of the next Jew 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. 8§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:
s. d.
GOLD.
d.
Europe. The bad state of our trade, and the want of indications
per oz. slandarfl.
Bar Gold, fine
of any speedy improvement as long as we are threatened with Bar Gold, rcflnable
per oz. standard.
11
per oz., nominal. 74 6 a 71 9
Doubloons.
war, naturally produce much restlessness and anxiety, and, Spanish
peroz. 73 6 @ ....
South American Doubloons
peroz. 76 4 ® ....
consequently, it is hoped that the present condition of political United States Gold Coin
German gold coin
tension will soon be terminated.
peroz.
SILVER.
76
SHa
d.
d.
Events of an alarming character have b^ec transpiring in the
per oz. standard, nearesi. 53,'i
Bar Silver, fine.
per cz. standard, nearest. 53Ji
cotton districts of Lancishire this week.
Unfortunately, in all Bar Silver, con'ng 5 grs. Gold
per cz. nearest. 63
MexiC'tn Dol'ars
&
large towns there is always a certain proportion of roughs and Five Fraiic Pieces
peroz.
scount, 3 per cent.
Quicksilver,
D
£7
Os. Od.
it is to be hoped for the sake of the fair name wJiich the cotton
In the early part of the week, the Russian exchange experienced
operatives have long enjoyed that the acts of violence and
incendiarism can be traced to them. To break windows in a relapse of about 8 per cent, which has since been recovered.
factories and to burn the mnnsions of the employers can, in no The Continental exchanges were almost generally less favorable
degree, advance their cause, but can only injure it by making to this country at the close of the week.
Annexed are the current rates of discount at the principal
the conflic'. more vindictive, and by 'orfeiting the good opinion of
the general public, whose aid they sorely need in order to obtain foreign markets
Bank Open
Bank Open
assistance at a time when so much distress prevails. It is
rate. mark't.
rate, mark't.
p. c.
p. c.
p.^c.
p. c.
believed, however, that the dispute is on the eve of a temporary
-Vienna and Trieste...
P,iris
4>i
3Xa4
settlement, negotiations being in progress for the operatives to Amsterdam
Madrid, Cadiz aud Bar3X 3)i
6
8®3^(celona
6®7
4
Herlin
return to work at ten per cent reduction, working full time, the Hamburg ...
5
6
Lisbon and Oporto
4
5
St. Petersburg
4
matter to be re-considered three months hence, when it is hoped Frankfort
536
York.
New
4
Leipzig
that trade will be better, and that an increase of wages will be Genoa
4
Calcutta
9
:
]
]
I
.
Geneva
justified.
Owing
3
Copenhagen
3
4X®5
4>i^
Brussels ....
to the scarcity of mercantile paper,
and
to the
very
The stock markets during the week have been decidedly firm.
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 discount 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
appearance, and the quotations have had an
limited requirements of the
been aujjmented by £074,718, and its proportion to the liabilities of the establishment is now 3738 per cent against 3513 per
cent last week. At this period last year, the proportion was
40-2.5 per cent, and it 1876, 49-22 per cent.
There is a falling off,
however, of £367,327 in the total of "other securities," indicating
Low
limited
is
the
demand
for
money but
;
the increase in the
supply of bullion
is
<Luring the week.
This coin will soon return, but there are
had been expected, some
rather considerable amounts of coin having been sent to Scotland
smaller
tl-an
still
no indications that the position of the Bank will be strengthened
from foreign sources, as all supplies of bar gold are absorbed as
soon as, and even before, they arrive. Sovereigns, however, are
being returned from Egypt, and these will be sent, as usual, into
the Bank. The following are the present quotations for money
:
Bank
Per cent.
rate
3
O-^en-marketrates:
30 and eo days' blllB
8 months'
bills
]
j
I
SX@J«
2H&-i%\
Open-market rates
per cent
4 months' bank bills
2)i!a8«
6 months' bank bills
4 and 6 months' trade bUls. 3 m'a
HHmH
presented a firm
upward tendency.
Atlantic
attracted attention, and
&
Great Western securities have
show a decided improvement
in value;
and most of tlie other changes have been of a favorable charThere is, perhaps, rather less buoyan"y at the close of
acter.
the week, but this is due to the fact that speculators are taking
their profits.
Annexed are the closing prices of Consols and the principal
American securities, compared withthose of last week
May II.
Hedm.
May 18.
fi6?<®96X
Consols
United States
5-80
Do
a. 8.1867,68
Dofunded,5s
Do
D"
10-40,58
funded. 4X8, issued at 103)f
ul :ana Levee, 8s
6s
Do
Ma B chasetts 58
5s
Do
5s
Do
Do
6e
L
,
@110
©10«
188!
1885
109
105
1887
1831
1904
108X@10fl
10«>«®10;
•.875
1838
1894
1900
"i89
957i® 96
IOSW@)09J4
105
@106
lDS«®la8=li
106
iaiObX
107Xiai'8«
*-07
@108
IMi'ialOB
101\@in51t
43
42
106
106
103
103
©68
®
4a
52
4-i
@108
®103
100
106
laiio
10-1
®110
103
@ 52
52
@
@1M
©103
mna
®U0
,
7.
JUHK
1,
.
THE CHRONICLK
1878.]
Hk
Redm.
Missachnactts S(
1891
51
Virginia stock Sa
Do
6»
18BJ
I)o
it has beea warm, and vefjetation has made rapid progreta.
As far as wheat ia concerned, the rainfall has been too copious,
and a very general opinion prevails that the yield will not be so
abundant as was at one period anticipated. That this will be
the cajae on heavy soils ia almost certain but should the weather
become drier, there is still the prospect of a good crop. It is
bat
108
lOS
SO
80
Newfandoi6s
Do
1905
.
539
6!
AMBKIOAN DOLLAR BONDS AND eHARBA.
;
A
Siifqnohnnna cone, raorl. "«. Nos.SOl
by Del. &Hiid.Canal,. 1906
AUauUc Jb Ureat We«lerD iHt M., (1,000, 7s. ..1903
Sd mort.,il.of)0,7e..l90S
Do
190a
Sdmort., $1,000
Do
Do 1st mort. Trustees' certificates
do
....
Do ad do
...
do
Do 8d do
Atlantic Misslsi'lppl A Ohio, Con. mort., 7g. . .1906
Bondholders'
ctfs
Committee of
do
Baltimore & Potomac (Main Line) ist mort, 68.1911
(Tunnell Ut mortK'ige, 6b.
do
(Smar. hy PcnnsylvaniaifcNo.Ccnt.Rallway).1911
Burl. Cedar Rapids & No. RIt. of Iowa, Ist mort..
Central of New Jersey shares
Albanjr
to l,5(m, Inclusive. Kiiar.
well
New Jersey,
Do
cons, mort., 7s
Do
83
85
tO
1899
ex funded, conp. from April
to July 1, 1^79, Inclusive
Central Pacific of California, Ist mort., 6«
189fl
81
Pennsylvania, $50 shares
Do.
Do.
Ist mort., 6s
1880
1905
con?ol. siuK'g fund mort. 6a
Philadelphia & Reading $50 shares
Pittsburg Fort Wayne & Chicago equipment
bonds (guar, by Pennsylvania R. R. Co.), 89
Union
Union
Pacific Land Graiit Ist mort., 78
Pacific Railway, 1st mortgage, 6'8
—
1889
1898
®101
©45
©84
1%& 78J4
102
98
&
1890
Oregon & California, Ist mort, 79
do
Frankfort Commit'e Receipts, x coup.
@ 90
® 94
8!
Jb
Missouri Kansas &, Texas, 1st mort., guar, gold
1904
bonds, English, 7s
New York Central & Hudson River mortg. bonds.
New York Central $100 shares
©94
©....
fiOM® "I'/i
certificates, Ts
&
^
© 45
UX© 13
H @ 18
16 @ 17
31 © 33
34 © 3U
33 © 35
assessm't, $3 oald...
$2 paid...
79
1904
llarrisburg, 1st mortgage, 69
1911
Illinois Central, $100 shares
Do
Springf..
Bonds, 1st mort. Chic.
192^3
Lehigh Valley, consolidated mortgage, 69
Marietta
Cincinnati Railway, "9
1891
&
@
94
88
92
99
35
85
.'
Oalveston
21
8J
70
72
108'/j®109«
DoCalifor.,fcOregonDiv.lstmort.gld.bds,6s.l89J
Do Land erant bonds
1890
Chicago Burl. & Quincy sinking fund bonds
DeL & Hud. Can. 79
1875
Detroit & Milwaukee 1st mortgage, 7!i
Do
ad mortgage, 89
1875
Brte $100 shares
Do reconstruction trustees' assessm't, $3 paid..
Do
do
do
(4 paid...
Do preference, 7b
Do reconstruction trustees'
Do
do
Do convertlhle gold bonds.
Do reconstruction trustees'
aox®
1817,
1,
43
®104
a
98
&
45
©109
& 3S
® 81
M
@105
a 96
<a.
13X©
104
105
108
;
®
...
....
103>i©109X
© 94
© 81
91 © 93
97 © 99
35 © 45
35 © 45
UK® 13
16 ® 18
16 @ 17
30 © 32
33 © 35
92
89
82
© 31
®M
@ 84
© 79
....©
68
62
78
102
93
...
aiai
®10O
....©
lilH®12««
107
83
aa
as
103
05
MX
©'.06
©107
©110
....
©
46
44
I2i,!i®;a2)i
107 @10>)
33
3S
S7
89
2:)
28
©
©
©
lot
95
©105
@- 96
UX& ux
103
105
1(8
©105
@I07
©110
AHERICAN STERLINO BONDS.
Allegheny Valley, guar, by Penn.R'y Co
1910
Atlantic
Qt. Western consol. mort., Bischofl'.
certB.(a),79
1892
Atlantic
Gt. W. Re-organization 79
1S74
Atlantic
Gt.W., leased lines rental trust, 78.190*
do.
do.
1873,79.1903
Do
Western exten., 8s
1876
Do.
do.
do.
Do.
do. 78, guar, by Erie R'y.
Baltimore
Ohio, 6s
1895
Do
190J
69
Do.
6s
1910
6s, 1S77
Do.
1927
Cairo
Vincennes, 7«
1909
Chicago
.\lton sterling consol. mort, ps. ...1903
Chicago
Paducah Ist mort. gold bonds, 79... 1902
Cleveland, Coiumbus, Cin. cS; Ind. con. mort... 1913
1906
Eastern Railway of Massachusetts, 69
1875
Erie convertible bonds, tis
1920
Do. 1st cons, mort., 78
Do. ex recons. trustees' ceriflcates of 6 coup
Do. with reconstruction trustees' cerilficale9 of 6
&
93^4^
&
&
*
coupons
Do. id consol. mort. 79
1900
1903
1895
1905
1891
19ua
& Nashville, 68
Memphis & Ohio 1st mort. 79
1901
Milwaukee & St. Paul. 1st mort 7b
1902
New York & Canada R'way. guar, by the Delaware & Hudsun Canal, Bs.
1304
N. Y. Central & Hudson River mort. bds., 6b. .1903
Northern Central Railway consol. mort., 68
1904
Panama general mortgage, 7b
1897
Paris & Becatnr
1892
Pennsylvania general mort. 68
1910
Do.
consol. eink'g fund mort. 69
.1905
Perkiomen con. mort. (June '73) guar, by Phil.
1913
& Reading, 69
Phil. & ErleUtmort. (guar, by Penn.RR.)69..1881
Do.
with option to be paid In Phil., 69
PhU. & Erie gen. mort.(guar. by Penn. ER.)69.1920
.
& Reading
general consol.
2ii
86
106
106
104
89
28
106
mort
6s
.
1911
Do.
lmp.mort,69
1897
Do.
gen. mort, 1874, 6'9
Do.
Scrip for the 6 deferred
c up
Pittsburgh & Connellsville Con. Mort Scrip,
guar, hv Baltimore & Ohio UR Co.. 6s...
South & North Alabama bonds, 69
St. Louis Tunnel Ist mort. (guar, by the lllinolB
& St. Louis Bridge Co.) 9«
1888
Union Pacific Railway, Omaha Bridge, 89..
.1896
UnitedNew Jersey Itail way and Canal, 69... .1894
Do.
do.
do.
69
1901
do.
X
•
.
@ 41
© 50
© 30
© 30
©108
©108
©106
@
©
90
£8
15
36
26
115
105
.30
•26
106
....
© 91
© 7B
no ©112
©108
lot
72
101
65
62
82
3S
""
93
107
99
® 67
® 94
.a....
@ 63
® S7
®
114
85
107
20
107
1U7
9«
©104
94
©10!
© 90
@115
@ S7
©109
©
.30
©108
©
97
90
7H
a
@110
©103
©....
©103
...
® 61
@ 85
® 42
@ 99
@109
® 98
....®
....
102
91
®104
104
©106
©107
105
88
1:4
8:3
107
20
©
93
© 90
©115
© 85
©109
©
.30
ll>6>i©10TX
WX
95>i©
99
9t
85
102
t87
& 81
© 60
& 73
©97
©93
.
©....
107
107
103
....
©
for
even after three bad seasons, only 5d. to 8d. the 4 lb. loaf, and
the tendency at the present time is for the price to decline. A
matter of more importance to the British people ia the price of
meat and dairy produce. A deficient wheat harvest is always
made good; but scanty pastures cannot be made fruitful; and
for the loss of a summer's growth of grass and a scarcity of
Efforts are
cattle food it is not easy to obtain compensation.
being made to furnish this country with increased supplies of
meat, but everything except broad is very dear, and there seems
The present weather, however,
to be no prospect of abatement.
There will be
is very favorable for the production of cattle food.
a large yield of grass, and it ia almost certain that turnips and
other roots will be produced in large quantities. The grass-land
farmers will probably have a good season, but at present there
is no reason to alter the opinion that the wheat crop will be very
At the present time, the crops look promising, and
satisfactory.
there will be an excellent result should the summer be %ie.
The trade for wheat during the week has been dull. The
arrivals of home-grown produce, although small, show an
There is evidently a desire,
increase, compared with last year.
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
arrives at market. The course of
must, however, be 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 is believed that the harvest prospect is not
80 good. A very different result may, howtver, be reported, if
there should be a return of dry, settled weather.
stocks before
new produce
prices,
sales of home-grown wheat in the 150 principal markets
England and Wales amounted, during the week ended May 11,
The
of
32,689 quarters last year; and it is
estimated that in the whole kingdom they were nearly 179,000
quarters, against 131,000 quarters in 1877. Since harvest the
to 44,730 quarters, against
sales in the 150 principal
markets have been 1,549,920 quarters,
against 1,075,353 quarters in
©tCl
©109
©110
100
85
59
7?
®101
©
©102
© 87
® 61
® :9
87
95
,
106
107
103
67
91
1^108
®109
©no
The public Bales of colonial wool were commenced on Tuesday
The total arrivals fiave amounted to |315,119 bale?, of
which about 10,000 bales have been forwarded direct to Yorkand the Conticent. There hag been fair competition, but, as
shire
regards Australian wool, prices show adecline of ^ d. to Id. per lb.
There has been no change in the value of cape wool, the demand
which has been active.
The weather during the past week has been very unsettled.
the corresponding period of last
season; while in the whole
Kingdom
cwt.
cwt
Importa of wheat
Imports of flour
40,275,793
6.:A4,12)
26.865,280
27.281,004
4,581.840
29,037.200
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 estimated that the following quantities of wheat and flour have been
placed upon the British markets since harvest:
1876-7.
1877-8.
£.101
last.
for
We all know that it is not difficult
us to procure adequate, and, indeed, ample supplies of foreign
wheat at a very moderate price. The charge for bread is now,
production of cattle food.
....
©101
®101
91
95
30
....&
©100
©109
©101
95>ia 96X
99
99
85
ICO
85
58
76
101
4-!
" ©
85
....
60
60
33
©....
102
9a
105
105
@
©108
....©
SS
'2
108
so'
@ 40
@ 13
© 30
® 30
®107
©107
103 ©105
88><a 89.«
©108
.&
92
'.x;u:sville
Phil.
17
1894
Do. reconstruction trustees' certificates, 7s
Illinois & St. Louis Bridge Ist mort., 79
2d mort., 7s
Do.
do.
niinolB Central, sinking fund, 5s...
Do.
6s
Do.
59
Illinois Missouri ic Texas Ist mortgage
Lehigh Valley consol. mort., 6s, "A"
92X© 93X
....©
&
&
&
94'/i
when once well rooted, requires but little
when it begins to develope into ear.
So far
that wheat,
this seaeon the weather has been propitious, and were wa
dependent upon wheat for a supply of food, we could do very
It is said, and the saying
well without rain until after harvest.
is a true onti, that seldom does one season yield abundant crops
The weather which suits
of cereals and cattle feeding stuffs.
grasses and roots does not tend to produce large crops of grain
and a dry summer is favorable to cereals, while it diminishes the
6
SI
SI
.
Central of
known
moisture, especially
3J
18
Sales of
home-grown produce
Total
Exports of wheat and floar.
....73,395.193
.
.
1.403,499
Result
iver. price of Eng.
wheat for seaBon
71,994,6!
52s. 7
1875-6.
38,739,213
4,738,8^2
28,781,000
1874-B.
cwt,
a7,573,SM
5.023.174
35,711,500
€0,900,044
718,465
72,859,105
311.0t>9
71,305 695
213,801
60,181,519
609. 6d.
71,94^038
71,069,588
45s. 50.
43s. 9d.
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the Ist of September to the close of last week, compared
with the corresponding periods in the three previous years:
1877-8.
Wheat
Barley
Oats
Peas
Beana
IndlanCora
nour
cwt
40,275, lOI
10,087,760
7,'99,786
1,256,748
2,453,.328
13,628.499
6,254,185
1876-7.
»7.2S1,C04
10,314,806
6,819,666
9I3.0»
3,810.«9
83 173,««7
4,581,840
1875-6.
1874-5.
!8,7»9.2H
87,57S,(»I
10,664,S0»
6,6s6,61t
1.2»7,«6»
1,926,598
10,482 OSS
5,02 J, 174
6,696,603
7,711,938
1,07<>,549
i. 606.612
18,481,941
4,738,392
—
:
.
THE CHRONICLE.
540
cwi.
^.
Beans
..
.
687,873
43,785
82,393
20,952
21,717
377,651
30,587
1,817,614
40,985
69,773
16,H;3
18.957
18C,i27
52,385
Iniian Corn
Flonr
[Vol XXVI.
FOREIGN IMPORTS AT
EXPOKTe.
Wheat
Barley
Oats
Peas
29,!i64
173,612
184,41S
53,784
17,038
6.599
34,53*
17,273
43,513
45.195
Sgi.tQii
21,Jo»
S4!,S59
!,8i7
Lubbock has publialied the subjoined statistics, sbowing the working of tlie Bankers' Clearing-House for the year
ending on tlie 30tli April, 1878, wbich is the eleventh during
which these statistics have been collected. The total amounts
for the eleven years have been:
$967,152
t74t,260
1846,949
. .
4,273,270
6,033,121
3,413,583
Total for the week.
Previously reported.. ..
t9,3i7,3l3
143,579,945
J5,210,4!2
123,03?, 1J3
86.782,681
128,829,641
f4,260,532
112.722,137
fl53,937,233
t;3i,27i,545
tl35,612,3!5
8116,932,669
General merchandise.
Since Jan.
St'k Exch'ge On Consols
ccoant Days. Settl'g Days.
1
j"
of
lS70-18n
1871-1872
1872-1873
1873-1874
1874-1875
1875-1876
1876-1877
lo7T-1878
!32,293.010
142,270,000
148,823,000
169,141,000
233,84S,C0O
243,561, MO
280,072,000
260.338.000
242,245,001
223,756,000
2)3,385,0^0
444,443,000
147,115.rOO
161,861,000
168,523,(00
186,517,0:0
2i9,629,U.O
266,965,0:0
273.841,000
255,950,0(0
3)0,807,003
2)1, 630,000
224,190,000
3,257,411,000
3,534,f39,0C0
3,720,6S3.0nO
4,015,464,000
5,359,722,000
6,003,335,000
5,993,586,000
6,013,299,000
5,407,243 000
4.873.O(M.O0O
5,066,63 j,000
550,6-22,(00
594,763,000
635,946,000
942,44B,C0D
1,0^.2,474.0(0
97",945,(0)
1,076,585,0
962,1595,000
718,793,000
745,665,000
1877.
1878.
dry goods for one week later.
is a statement of the exports (exclusive of specie)
The following
New York
from the port of
.Vay 38
to foreign ports for the
week ending
:
EXPORTS FROH KEW TORK FOB THE WEEK.
Portheweek
Previously reported....
!6f7-1863
1669-1869
18o9-I67e
1876.
In our report of the dry goods trade will be found the imports
On Fourths On
of the Month,
NBW YORK FOR THE WEEK.
1875.
81,536,400
7,820,913
Drygoods
Sir Jolin
Total for
the Tear.
,
Since Jan.
1
for
5,262,023
1877.
84,337,590
91,4S2,53j
10;,8r2,011
1878.
16.665,895
133,703,070
$95,302.3-32
896,714,581
8:06,699,601
8110,367,966
1876.
show the exports
the week ending May
The following
New Tork
1875.
{6,030,816
89,251,510
ot specie from the port of
35, 1878, and also a com1878, with the corresponding
will
parison of the total since Jan. 1,
totals for several previous years
St. Benito
May 3:— Str. Colon
:
Mex. silver
Amer. gold
Aspinwall
Eieuthera
Liverpool
May30-Schr. L. Bell
May 25— Str. Adriatic
dels..
coin..
dols
silver bars.
gold bars..
Am.sll.^&X
$7,200
!0*
550
Amer.
4,5,000
Amer.
4,000
The total amount of bills, checks, &c., paid at the ClearingAmer. silver bars
House during the year ending 30th April, 1878, shows an increase
(cont':; 8240g'd)
11,800
Southampt»n
Mex. silvercoin..
23,480
of £193,533,000 as contrasted with 1877. The payments on Stock May 25-8tr. Hohenzo'lern
Mex. silver bars..
13,073
Exchange account days form a sum of £745,665,000, being an
Total for the week ($99,563 silver, and 81,740 gold). ...
tl04,3O3
The payments fteviously reported (83,760,l;i3 silver, and 84,934,013 gold)
increase of £36,873,000 as compared with 1877.
7,714,147
on consol account days for the same period have amounted to
Total since Jan. 1, 1878 ($2,879,695 silver, and $4,933,755 gold).. $7,818,450
The
£333,385,000, showing an increase of £9,639.000 over 1877.
Same time in—
Same time In—
115,268,782 1871
$34,395,861
amounts passing through on the fourths of the month for 1878 1877
24.095.017 1870
13.453,669
1676
have amounted to £234,lC0,000,sbowing a decrease of £7,440,000 1875
1-3,116,354
31,693,037 1869
. . .
.
narHet Kcporta— Per Cable.
Biislisb
Thedaily oloaingquotationsin the markets of London and Ll»trrpool forthe past week have been reported by cable, as shown in
the following
summary:
—
liondon Money and Stock Market. The directors of the Bank
of England, at their meeting on Thursday, fixed the minimum
rate of discount at 3^ per cent.
The bullion in the Bank has increased £343,000 during the
week.
Mon.
Sat.
Consols for money.. 86 9-16
"
acconnt.. 96 9-16
O.S.68(5-S0s) 1867....in9>i
n.s.io-40s
680fl881
97 5-16 97 5-16
97 5-16 97 6-16
\09ii
io9v,
ic9>i
iO:y,
107X
lOoJi
106H
IWi
Win
1('7X
1U6X
Liverpool Ootton Marktt.
Wed.
Tnes.
97 1-16
97 1-16
lC9)i
imyt
lOTX
105X
New4>is
Thar.
Fn.
97 7-16
97 7-16
97 9-16
97 9-16
96
«
Bacon (I'g cl. m.).... flcwl
Lard (American).... "
d.
8
6
23 3
34 3
CbeeBe (Am. Sne) new "
SI
JAverpool Produce Market.
8.
*
.
"
Spirits tarpenttne
Cloverseed (Amer. red)
£
LlnB'dc'ke(obl),^J tt, 9
Unseed
(Cal.)
$
qnar.
8agar(No.l2D'chstd)
onspot, Vcwt
Bpermoll
Stun. .71
" .:5
Whaleoil
Linseed oil. ...S ton .27
s.
6
:7
42
23
85
6
6
8.
6
Fr
Amer. gold, ,.
Amer. silver..
Amer. gold..
May 23 —Str. Niagara
May 23— Str. Alps
Havana
Foreign gold.
Colon
Amer.
Aspinwa'I
May
31-Str. Acapulco
d
77
6
6
8.
49
6
d.
49
6
49 6
23
3
23 3
£
6
rt.
49
9X
49
9X
9!i
7
37
23
40
6
37
6
6
6
M
40
—
Thnr.
s.
d.
6
49
6
23 3
23
3
71
71
35
26 IS
35
26 15
Aspinwali
Belize
.'imer. silver
71
35
25 10
s.
23
71
35
26 10
s.
3
6,299916
....
2,230,641
1,787,431
703,633
d.
49
6
23
6
71
35
35 10
©mwmcvciaX ami ^XisctXXmxtons^tms.
IMFOBTS AND EXPORTS FOR THB Wbbk. — The ImnortB last
decrease in dry goods and an increase in general
merchandise.
The total imports were $4,360,533, against
13,931,806 the preceding week and 16,489,095 two weeks previous.
The exports for the week ended May 28 amounted to
16,665,896, against 1,7,069,472 last week: and $6,398,686 the previous week. The toUowing are the Imports at New York tor
week endinc (for dry goods) May 33 and for the week ending
(for general
merchandise)
May
24:
.,
,525
The transactions for the
as follows:
.
May
week
Gold.
$177,000
37..
28..
39..
30-.
349.000
180,000
301,000
31..
259,000
25,599,H0! 06
at the
$;,2Ctf,0XI $37.49o,435 01
104,317,614 53
24
130,418,433 43
31
.
1
1,541,317
1
Sub-Treasury have been
%
Currency.
8314,714 23
68:^,0:33 11
1,1«5,268 23
1,335,399 05
-Payments.
.
Gold.
Currency.
$203,490 84
169.920 97
675,:«2 76
95,596 72
$325,698 88
943,478 76
530,895 82
14>(,234 79
700,847 41
908,155 47
.Holiday.
. .
May
May
11,331,469
..
.
1,056,579
Receipts.
Customs.
$467,025 59_
457,039 18
275,959 61
696,653 67
25
1209,813
..
1867.
739,966 12
$4,463,279 77 $1,395,616 08 $3,458,2(6 34
37,003,398 39
38,615,403 32
the Comptroller ot the Currency, Hon. John Jay Knox,
U.S. Sonde held as security from Nat. B'ks.— Feb. 28.
$2,090,650
Bonds for circulation deposited
1,870,150
Bonds for circulation withdrawn
346.632,!5.50
13,693,000
now on
March
31.
April 30.
$2,710,900
3,027,200
346,336,250
18,453,000
83,638,000
3-262,400
347,711,860
13,445,000
20,
322,933
903,5.30
412,480
11,636,790
12,182,963
769,313
34,151,288
317,848,712
12,31.3,537
348,631,016
961,640
750,617
3:0,161,394
1,133,120
1,459,620
502,655
321 709,659
1,432,120
3,356,000
5,045,000
7,711,000
2,9 5,000
deposit, Inclndingliquidating
493,400
Retired under act of .January 14, 1875
.33,381,976
Total retired under that act to date
greenbacks
outstanding..
348,618,034
of
Total amount
National Bank Circulaiton.—
615,500
New circulation issned
6.5.3,418
Circulation retired
Total circulation outstanding—Currency. . 320,557.8ri
.
Gold
Notes received for redemption from
NewYork
week showed a
40O
758
$3,043,880
6-967,090
8-307.833
3.241,313
banks
Frl.
d.
790
,2C0
1871.
1870.
1869.
1868.
1874
d.
£
£
£
900
900 900 900
49 6
49
,651
,976
and $3,871,473 gold)
1
Same timejiu—
,
Total
Wed.
8.
959
,000
1878 ($7,666,339 silver,
1,
435
5,,000
Foreign gold.
Total held for circulation
Bonds held as security for deposits
Legal Tender Notes.—
Deposited in Treasury under act of June
7
7
37
23
40
2,
we have the following statement of the currency movement.s and
Treasury balances for three months past
Krl.
s. d.
10
10
7
37
23
40
8,
49
10
iH
95i
7
Tnes.
00 900
8. d.
d.
49
10
3,,656
Amer. gold...
Gold dust
Amer. silver..
Gold dust ...
Amer. gold...
1,683,781
Total
Balance,
Balance,
24
35
50
Thar.
12,,614
silver..
86,813.755
1S77
1876
1875
1874
1873
1872
.
».
42
9
51
Wed.
Tnee.
d.
s.
s.
Curacoa
From
Mon.
d.
£.
3
—
Mon.
C
(t.
77
42
23
84
S3
Oil Markets.
d.
8.
6
6
95<
7
3
37
6
23
40
Sat.
d.
77 6
42 6
2) 6
84 9
52 6
77
43
23
34
54
37
23
40
London Produce and
Wed.
d.
6
6
6
9
s.
10
'T
(spirits)
26
8 10
10 10
10 6
10 9
23 9
35
—
10
Petroleam(reflned)....¥E;al
TaUow(primeCity)..» cwt
Tnes.
Thnr.
11
8
d.
s.
10 10
24 3
35
90
Frl.
d.
6
10
10
6
10
!0 8
10 10
24 3
So
10
d.
49
"
(fine)
s.
26
8
10
10
10
24
35
8.
Sat.
"
28
6
11
Mon.
Sat.
B.
Beef (prime mess) ^> tc. ,.. 77
Pork (W't. mess)... .^bbl 43
Thnr.
d.
6
a.
90
'35
Livtrpool Provisions Market.
BOBin (common)... ficwt..
26
96
anarter. 35
d.
B.
May 21— Bark Cuiacoa
Same time in-
cotton.
Wed.
n.256,788
:
Total since Ian.
—
Tucs.
33,256,779
Total for the week (-f 176,997 silver, and $33,851 gold)
Previously reported ($7,439,812 silver, and $3,811,627 gold)
107K
105X
106!4
37,169,712
18f.6
Amer, gold...
io9>i
WX
1868
1867
The imports of specie at this port during the same periods have
been as follows
Amer. silver..
Berrhaom
May 30— Schr. Wardwell
$4.
Iii4, 8J4
Amer. silver..
May 2J— Str. Hadji
St. Thomas
Mav 25— Str. Clyde
May 25-BrigTula
109V
109Ji
logji
— See special report of
Linerpool Breadstujfa Market.
MoE.
sat.
s. d.
B.
d
Floor (extra State)
87
Sbbl 27
Wheat (R. W. spring), ictl
"
" U 3
(Red winter)
11 3
"
10 10
(Av. Cal. white).. " 10 10
" (C.White club)... " 11
11
Corn (new W. mix.) <$ qnar. 21 9
24 9
Peas (Canadian)
21,617,935
21,146,737
26,717.261
1874
1873
1872
as compared with 1877.
Boston
Philadelphia
—The June
1,433,120
3,737.000
6,873,000
768,000
l,16r,696
.35,31,'^,964
386,(XX)
coupons on the boncis of the Minneapolis
924,000
&
St.
Louis Railway Company will be paid at the Continental National
Bank
in this city.
—The
Rapids
June coupons on the bonds of the Burlington
& Northern Railway Company
Cedar
will be paid at the Conti-
nental National Bank,
—Attention is directed to the card of Messrs. R. M. Walera &
Co., wl-n transact a banking and commission business in cotton,
kinf •dirances on warehouse receipts and consignments.
m
"
June
.
THE CHEONIOLE.
1878. j
1,
. .
'
541
The range in the prices since Jan. 1, 1878, and the amount of
each clasB of lK>nda outHtanduig May 1, 1878, were as foUowg:
Kango nlncn Jan. 1, 1878.
Amount May 1.
The United States Comptroller of the Currency (urniaheg the
following atatemcDtof National Uanka orfcaoized the paat week
S,S»l—Annvllle National Bank of Anuville. Pi>. Anthoiircil capital, |E(),Con;
:
paid in capital, $50,000.
.lolin H. Kinporls, Piealdcnt; Oi'orse W.
Stine, Cannier. Authorized to commence bualncBj May n, 18;8.
i,885— N(>rihnmpt{>n County National Bank. Eaaton. Pa.
Authorlzcil cipital,
lOii.OCO; paid-in capital, JlnO.oiiO.
Joseph Lanbach, President; Win.
11. Ilulton, Cashier.
Authorized to commenco biuinesj May 'it, 1878.
DIVIDENUti.
The foUotrlcz dlvldende bave
recentlT been annonnced
irigliost.
RcKlgt<irc<l.
Books Closed.
2!)
1
•_'(>,
21
21
1)
A
Falls
taso
July
1.
1
June
1.
3X
.Tune 10
Sioux City (qaar.).
17.
U. S. (is, 5-208, 1867.
U. S. 58, 10-108
5a of 1881
NewA'a per cents
IHlBcellaneous.
Spring Moontaln Coal
FRIDAY,
MAY
1878-6 P.
31,
BI.
In referring
The money Market and Financial Situation.
last
week
for
ba.sis
to the soveral poiut.s which were apparently made the
an upward luovemeiit in stocks and bonds, we said
" the.'^e are among the general influences accepted by the
public"
as encouraging the idea of future prosperity.
In mentioning
then, as fre(}uently in our reports, the causes which seemed to
explain certain movements in the market, it was not our intention
to approve or disapprove of those causes as being a sufficient foundation for tlie course of prices, but simply to state tliein as what
appeared to be the principal reasons actuating parties who
operated.
Wall street movements, as is very well known, often
go in waves— now in buoyancy and now in depression— and in
each period there are subjects uppermost which furnish common
topics for street talk, and are usually much exaggerated, influencing to a greater or less extent the action of those whose dealings form an important part of the total stock and l)ond transactions.
The
present week has been broken by the occurrence of Deco-
ration day, on Thursday, which is in this State a legal or bank
holiday.
The tone of last week, however, has been well sustained and securities were strong early in the week, and, today, prices were well kept up on a comparatively moderate
business.
The money market has worked easily at 3(33 per cent
on governments and 2i@4 per cent on stock collaterals. Prime
commercial paper is in demand at 3i(ftH per cent.
The Bank of England directors on Thursday reduced the minimum discount rate to 2} per cent from 3 the previous figure, the
open market rate for money being If per cent. Bullion iii the
bank increased £242,000 in the week, and the percentao-e of
reserve to liabilities was 40 1-10 per cent, against
percent
The Bank of France gained 9,063,000 francs in specie.38f
The last statement of the New York City Clearing House banks.
Issued May 25, showed a decrease of 124,100 in the excess above
their 2> per cent legal reserve, the whole of such excess beino114,104.675, against $14,128,775 the previous week.
The following table shows the changes from the previous week
and a comparison with the two Dreceding years
:
1878.
May
25.
previous week.
Loans and dis. $233,997,200] Inc.
Specie
Circulation ..
Net deposits
Legal tenders.
.
1877.
May
1876.
May
26.
27.
$874,600 $2.-)3,500,500 $231,492,700
21,348,700
17,3t>S..^00
19,S'27.100 Dee. 3,203,100
6,500
16,069,000
16,059.200
700,,800
22.5,432,600
44,023,900|Inc. 3,003,800
20S,97.S,T00
53,570,400
49,290,400
20.(>()."i.-<ou IJec.
19s.i>-<.->,3((0 Dec.
trmted states Bonds. -The business In Governments
continued active in the early part of the week, but to-day, slackened
up materially in consequence of the bad weather and the lull
following a holiday. The Syndicate affairs remain substantially
in the same position reported last week the Iwnds have all
been
sold, except the $10,000.00) in London, and to-day a definite
call
was made on the Treasury Department for the last $15 000 0001
This makes the entire $50,000,000 contracted for on April 1
taken as follows
;
'
:
^^
(May'oi.Vion) ..."." .."."......;:...;:;.".";; :::;::::
s'Jwo olio
May3(,Iiine option)
^ 0(> o ool
May 7 (July option)
..V
SOOOOm^
'."
May 1 4 (August and September options)
i o 000' noli
May 3 1 (Oct., No V. and Dec. options)
.."...::.:::::
Is'ooooOO
ApTii
•-'«
Total.
.
$50,000,000
coup,
68,5-208, 1865... reg.
68, 5-208, 1865 coup.
May
May
20.
30.
31.
107-'8
107."(i
1071.2
lo.-.^s
108% *108% 108%
108% 108% '108%
*104i>8 '104«8 104%
104 ag 104% 104%
108%
1081.3
104%
104%
107%
107%
I
the price bid;
10758 107>s
107»2
109 12 109
109 »4
107 13
•1071a 107
M09%
lO-ig 107% *107»s
105'8 105'8 105%
105% 105% 105%
103% 103% ia3% 103%
104T8 104% 104^8 104%
101% 101% lom 101«2
IOII4 101% 101 14 101%
122
121% 1211a 122
no tale was made at the Board.
10.i"«
coup. ^.
6a, ciir'cy. '9.5-99 reg. J.
.
May
28.
IO9I2
109>2
48.1907
is
May
27.
IO7I2 1071s *107>a 107>2
KMOs
This
May
25.
104 a»
*104»8
68, 5-20S, 1807 • reg.
6s, 5-208, 1867 coup.
68, .5-20«, 1868 ..reg.
6«, S-20«,1868 coup.
68,
..reg.
58, 10-408
coup.
5s, fund., 1881 ..reg.
58. fund., 1881. (loup.
4>sa. 1M91
-reg.
4Jaa, 1S91
coup.
4s, 1907
..reg.
•
May
108^8
108^8
reg.
.')l,."p.'^7,350
i:n,oi7,:).jo
«3,.S2.^,10O
7H,O."j2,«0O
24.
31.
20,324,000
=:
o
1,
1878.
nighest.
I
109 llOOig 109 >4 105^ Jan. 2110938 May 29
108%' 109 IO912 I04«!i Fob. 25 109% Jan. 26
106!li|107i2 10714 103% Mch. 1 107»8 May 29
x04»8;105'b 105>4 102'e Feb. 25ll05g8 May 29
,
—
Shai'es.
10 Home Ins
IIOU
52 Hauovcr Flic Ins
130'4
12 Metropol. Gaslight Co. .131%
2,000 Ind. Maiiuf. Co., $25
each, $1 80 per share.
25 Brooklyn City Safe DeCo.,
$100 each,
Shares.
40 Hoffman Fire Iu8
90
Bonds.
$2,000 Indianap. & St. Louis
RR. Co., 2d mort
35^
1,000 City of Savaii. 7 per
cent coupon bonds, due
1890, $500 each
55
.f 7 50 for lot.
Closing prices for leading State and Kailroad Bonds for two
weeks past, and the range since Jan. 1, 1878, have been as follows:
States.
Louisiana consols
May
May
24.
31.
75%
72 14
Missomi 6s, '89 or '90
North Ciiiolina 68, old
IO312 106
Teuncs.see 6s, old
Virginia 68, consol
•39
39
*70i8
*72
*o9
82>3
*16%
do
Dist.
do
2d series..
of Columbia, 3-65s
Railroads.
•30
81
.*17
Range since Jan.
Lowest.
1,
1878.
Highest.
72>4May 31 85 Feb. 11
104i3Jan. 7 106 Feb. 6
15 Mch. 29 18 May 25
33>3Jau. 4 39% May 14
74
Apr. 12
Central of N. J. Ist consol
64i4Mch. 4
80
82
Central Pacific Ist, 6s, gold. *10778 108
103% Jan. 15
Chic. Bull. & Q. console 78. ..
lot)
Jan. 2
Chic. & Northwest. cp.,gold.. 102 >i 10314 Ol'gJan. 14
Chic. M.& St. P. cons. s. f. 78.. 102>a 102% 9118 Jan. 5
Chic. R. I. & Pac. (is, 1917... 108% *108i2 106
Jan. 5
Erie 1st, 78, extended
II2J2 112% 110 Jan. 7
Lake 8. & M. S. 1st cou8., cp.. 111>4
109 Jan. 10
Micliigau Central consol. 78.. 109
109 la 10513 Jan.
Morriw & Essex Ist iiiort
116
116>8 11513 Jan. 5
N. Y. Cent. & llud. lat.ci).... *120»3 1'20% 118
Jan.
99T8 100 "4 95 'e Feb. 20
Ohio ik Miss, eoiia. sink. fd.
Pitts. Ft. W'aynoi Chic. Ist.. 120»9 12014 118
Feb. 8
St. Ix>ni8 & Iron Mt. 1st
109
106>2 103 Apr. 5
Union Pueifle Ist, 6s, gold
108
108 103% Jan. 7
do
sinking fund
100% 100>s 92% Mch. 6
* This Is the price l>id
no sate was made at the Board.
83% May 28
82 13
108 la
May 20
May 29
112i4Mav 25
103 14
May
31
102% May 25
109
Mav 17
1141a Apr. 20
112i4May 27
llOiaApr. 27
120 Apr. 29
121
May 27
lOOiaJan. 30
121
Mav
-.'S
109% May 24
108»4
IOOI9
May 27
May 24
;
—
Railroad and Mlscellaneoua Stock*. The stock market
has been strong on a fair amount of business. The tone has
simply been a continuation of that noticed last week witliout the
development of any essentially new feature. The earnings of
some of the Western roads keep up to high figures, and the grain
receipts at Cliicago have been without a parallel.
Taking the
twelve months ending August 1, 1877, which were particularly
107 >a unfavorable, and the twelve months ending August 1, 18 8, fol1071a lowing the abundant harvests of last year, and we shall have two
10.5%
105% years from which to strike an average of what the Western grain103% carrying roads ought fairly to earn in an ortlinary season. Erie
104% has come in for a share of the advance, and as the price now,
101 'i
101-% with assessment paid, is about 21, it still ranks among the lowest
121% priced of the speculative favorites, which are always bought more
or less on the idea of a possible gain and the impossibility of a
109%
n
alnce Jan,
Lowest.
m
Closing prices at the Board have been as follows:
68,1881
68,18^1
21,.V.i»(.H0O
State and Railroad Honda—Among the Southern State
bonds Louisiana consols have been conspicuous for weakness,
opening to-day at 74, and selling down to 72i at the clo.se. The
July interest is supposed to have been provided for, and brokers
hero assign no better rea.son for the decline than free sales by
parties who were carrying the bonds on margins in New Orleans.
District of Columbia 3-65s sell actively at 82S@8ii.
Virginia
consol bonds are in demand from parties in the State.
South
Carolina consols ai)proved numbers are quoted at 84@87, and
rejected numbers of the best class at 65.372, while private letters
from Charleston say that it is the opinion among lawyers
there that the law establi.shing the Court of Claims will bt held
unconstitutional, and that all the consol bonds will be held good
but the result of law suits is proverbially uncertain.
liailroad bonds in this market are sf'll active at fair prices.
In
addition to the demand for investment, there has undoubtedly
been a good deal of buying on speculation, as the low prices at
which bonds were selling and the high rate of interest which
they paid at those prices, offered an inducement to purcha.se
them on "margins." So far, the tide has all set in one
direction, and the
course of bonds has been steadily upward, so that considerable profits have been realized.
As
Government, State, and city bonds pay low rates of interest,
and western real estate mortgages have been less In
favor since the silver agitation, attention has been turned again
to railroad mortgages by the large increase in business which has
followed the heavy crops of 1877. A number of issues of railroad
bonds, too, are payable by their terms in "gold coin," whereas
United States bonds only read payable in "coin," and thus the
former bonds offer an opportunity for investment to those who
still think that gold may hereafter rule at a considerable premium, as compared with silver or legal tenders payable in silver.
Messrs. Adrian H. Muller & Son sold the following at auction:
po.sit
DifTer'nces fr'm
20«,022.5.'iO
r>,'.):ui,!iOO
04.023,512
251
Railroads.
Iowa
$88,143,000
57,103,100
t:i,iM>H,'M(>
^
May May May Range
CaMT. Patablb (Days Inclusive.)
FItchburg
Coti]Min.
23!$1»<1,902,750
5
49,)t92,U50
« 103,»»3,750
Closing prices of securities in London have been as follows:
:
Pbb
Name of Coxpant.
Lowest.
1881....CP. 105>6 Feb. 25 toe's May
0«,B-20g,'05.cp. 102'>8Jaii. 3[104^Api-.
8s,6-208,'67.cp. 105
Feb.
107^ Apr.
68, 5-208,'68.cp. 10e!li Jan.
2 I lOia Apr.
ft«, 10-tO« ..<!). lOlfsMeli.
l!lic<34jan.
."is, funil.,'Hl.eii. 102^4 I'd). 2.1 Uh;:^ Jan.
•IHls, IKOl ..tp. lOl^rt Mfli.
1 1017,, May
4h, 1907 ....op. 100%Apr. iai()2^ Jan.
(in, cur'ncy.reg. 117'4 Apr.
5ll22'8 May
6»,
.. .
Minneap.
& St. L.March
&
31,520
334,535
206,796
115,325
128,469
59,229
5,610
4,375
215,090
695,334
9,740
65,800
66,820
21,219
8,972
6,892
Missoui-i Paciflc. April
Tex April
Mo. KnxtK.
Mobile* Ohio. ...April
Nashv. Ch.& St.L. April
Northern Pacific March ...
.
strong.
daily highest and lowest prices have been as follows:
.
Pad.* Elizahetht 2(1 wk.May
Pad. & Memphis. .2d wk.May
&
C. Mil.
April
Erie
Rea<Ung. March
St.L.A.&T.H. (Iir8)3d wk.May
St. L. Iron Mt. & S.3d wk.May
St. L. K. C. & No. .3d wk.May
St. L. & S. Fran.. .1st wk May
St. P.
do
pref.
& North.
pref.
do
I.& Pac.
Del.& H. Canal
Chic.
St. L.
C. U.
Bel,
Lack.*
W
St. Jo..
do
pi*ef,
Lake Shore ...
Michigan Cent
&
Essex
&
H.
MISB.
Pacific
Mai..
Panama
Wabash
Union
Paclttc.
West.
tin. Tei
Adams
Exp...
American Ex..
United states
.
Wells, Far.!0..
Qnlcksll.'cr....
pref.
do
*
These are the prices bid and askel
week and
Total sales this
;
no sale
w is m ido at the
Boarl.
the range in prices since Jan.
,
N.J
Chic. Biirl.& Quiucy.
Chic. Mil. JiSt. P.. .-
do pref.
Cliicago & Northw.
do pref.
do
Chic. Rock Isl.&P.ac
Del. it Hudson Canal
Del. Lack. & Western
do
.
Erie
Illinois
St. Jo.
do pref.
Central
Jan.
1878, to date.
1,
Michigan Central.
Morris & Essex
N. Y. Cent. & Hud. R
Ohio & Mississippi
.
.
Pacific .Mail
14,712
5,000
52,7:W
19,885
65,793
66,510
11,189
7,010
90,910
70,685
1,125
2,500
93,000
G,140
18,170
12,0.30
7,200
14,000
Panama
—
Qaicksilvor
pref
Total sales of the
North-
"
"
"
"
"
I
13i2Jan. 2
99I4 Feb. 28
36 Jan. 2
6818 Jan. 30
33I9 Feb. 11
5911 Feb. 9
9338 Jan. 15
45 Jan. 5
4638 1^1. 5
7% Jan. 5
10 Feb. 28
2158 Feb. 28
723s Feb. 14
3938 Jan. 13
5812 Jan. a
6738 Feb. 28
10334 Fob. 11
7 Jan. 16
I6I4 Mch. 16
50 112
Wabash
Union Paciflo
Western Union Tel..
Adams Express
American Express
United States Exp.
Wells, Fargo & Co..
May
25....
27....
28....
29....
6,451
9.369
50,992
210
435
130
.50
300
200
week
1238
Jan.
5
May
9
Jan. 4
7314 Feb. 13
98 Jan. 8
4714 Jan. 14
64-'8
46
2(ii8
106
3438
81
3.938
28,974
59,900
32,840
80,209
55 14
Shore.
8,530
22,300
12,600
8,815
19,700
30,100
19,100
7,900
'
14,140
18,012
3,920
11,920
31
31
16
16
31
11
4078
15
118'8
4216
,
73 14
878,568
2.4 66,527
194,438
1,600,146
1,184,907
441,569
208,233
103,387
51,815
129,471
73,970
133,494
393,084
1,597,897
116,595
238,667
505,429
1,737,040
3734 09 12
8212 IO5I3
25H! 74I2
30'8 77
458 15
1578
7
3378
17
40 12
45
3558
5114 921.2
8514 IO914
21a 1138
12Te 2614
80
130
59%
73"
56
8458
91
105
43 14 60 14
36
,39%
90
81
13
24
19'e 43
.
Paul.
Erie.
13,150
15,225
5,725
7,820
2,020
1,810
8,410
23,150
1
Del. L. Ohio &
Miss.
l&West.
19,500
18,300
21,9.50
1,600
2,200
1,300
13,450
550
31....
13,550
16,200
;j,ooo
10,810
33,295
17,710
8,700
1,530
Total...
05,793
93,000
50,992
52,730
70,685
90,910
7,200
Whole stock. 151,031 494.665 337.874 134.042 780,000 524,000 200,000
The total number of shares of stock outstanding is given in the
last line for the purpose of comparison.
latest railroad earnings
and the
from Jan.
totals
1 to latest
The statement includes the gross earndates are given below.
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 mentioned in the second column.
-Latest earnings reported.
Jan. 1 to latest date.
Week or Mo. 1878
1877.
1878.
18
Atch. Top. &S.F. 3d wk.May $69,,300 $41,514 $1,176,983 .$801,891!
272,560 393,306
Atl. & Gt. West. March
832,491
800.432
Atlantic Mlss.& O.March
129,105 131,873
389,577
379,849
35,193
Bur. C. Rap. & N.3<1 wk.May
13,498
644,018
3:}3,122
5,200
Cairo & St. Louis. 2d wk.May
5,309
72,555
91,672
1,510,000 1,438,659 4,833,410 4,799,818
Central Pacific. .April
Chicago & Alton.. 3d wk.May
98,918
77,921 1,.546,031 1,587,949
Chic. Burl. & Q... March
1,169,831
888,065 3,126,448 2,636,668
131,165 3,379,000 2,183,5.33
Chic. Mil. & St. P. 3d wk.May 184,000
Clev. Mt. V. & D 2(1 wk. May
6,889
7,743
133,895
129,403
D.tkota Southern April
19,777
18,806
67,305
49,377
20,417
Deny. & Rio Gr. .3d wk.May
14,294
320,005
226,746
Detroit & Milw... April.
77,364
76,636
DubnoHc & S. City. 3d wk.May 23,275
13,885
388,740
288,477
88,801
78,072
Gal. H. <fc8. Ant. .March
265,039
233,423
Grand Trunk .Wk.end.Mayl8 160,377 166,021 3,434,233 3,376,853
Gr't Western .Wk.end.Miiy24
83,136
77,019 1,822,814 1,622,591
Hannibal & St. Jo. Marcli
394,808
353,431
174,528 i66,il'i
Houst. & Tex. C. March
391,196 328,9,39 1,600,477 l,4l8,350
111. Cent. (lU.llnc). April
118,438 101,598
ao Iowa lines. April
501,479
409,088
do Springf.div. April
13,718
56,574
Indlanap. Bl. AW. 3d wk.May
27,516
24,548
497,822
461,608
Int. & Gt. North. .3d wk.May
17,324
19,776
483,038
553,963
Kivnsas Paciflo. .3dwk.May
60,784
46,881 1,128,797 1,021,138
—
,
. .
.
^^'^J?"^.^^
„
',
,
313,140
Received biiok
m
$28,900
circulation
Actually
Silver in London is quoted at 53 5-lGd. per ounce.
The range of gold and clearingH and balances were as follows
:
Quotations.
Open Low.
May
Cnrrency.
Gold.
$14,701,000 $2,224,500, $2,249,802
13,280,000 1,520,261! 1,531,283
12,038,000 1,679,062; 1,696,205
101% 101% 21,492,000 2,185,262 2,228,490
.. Holiday. ..
12,885,000 1,296,403 1,307,566
101% idi'
29. lOlialOl
30.
31. ioi"|i'o'i
Tills
Clearings.
C108.
10078
101 110078 101
101
10078 10078 101
101 14 101%
101 !101
25
"
"
Balances.
Gold
Hlffli
'
79
7338
7414
(
1678.
._,.,_ ,„„
*^'^S^'?5i
*''''*!;§
215,598
93,169
Total coin
Silver certificates— total issue
43'8
were as follows:
^
St.
94
....Iloli
1$
$74,402,000 $
81,729,000 1,240,200! 1,231,330
week 101 |1007h 10114 101
100% 100% 101 101
Prcv. w'k
S'ce Jan. 1 10278 10018 102 'sIlOl
are quotations in gold for various coins:
98I4
0~^ai
Dimes <fe I2 dimes.
85 Si$4 90
98I4
97ifl®
Silver 14s and hin.
3 92 ® 4 00
Napoleons
92i-2®
francs
Five
94ifl
®
4
80
4
74
X X Roichmarks.
92 ®
Jlcxicau dollars..
94
3 90 ® 4 10
X Gnildcis
English
sil%-er
4
75
®
4
85
10
75
al6
Span'hDuubloon8.15
63 ®
Prns. silv. thalers.
70
Mex. Doubloons.. 15 50 ®15 70
99=4
dollars
Trade
98
®
II6I4®
116%
Fine silver bars
99%® par.
par.®i4prem. New silver dollars
Fine gold bars.
ExcUange. Business in foreign exchange has been dull,
To-day,
partly in consequence of the increase*! demand for gold.
however, leading drawers advanced their rates on 60 days' sterling
The following
Sovereigns
—
—
—
—
—
—
—
.$4
.
.
—
—
—
—
—
—
—
—
unchanged at $4 86 on demand bills,
easier than before.
York to-day
(In domestic bills the following were rates on
at the undermentioned cities: Savannah, buying par, selling i premium; Charleston, very scarce; New Orleans, commercial i@3-16,
(;hicago, 25 premium; Boston, 10 cents discount; and St.
bank
to
as
$4
84,
money
but
in
left the rate
London
is
New
i;
Louis, 90
premium.
Quotations for foreign exchange are as follows:
May
60 days.
31.
Prime bankers' sterling bills on London
Good b.ankors' and prime commercial
Good commercial
Documentary commercial
.
Palis (francs)
Antwerp
(francs)
Swiss (francs)
Amsterdam
Boston UankH.
—The
4.85ia®4 86.
4.85 ®4.85ja
4.83ia®4.84'2
4.83 ®4.84„
4.82%®4.83i4
4.81'2®4.82i3
®4.82
4.81
5.1938®5.16i4
5.1938®5.16i4
5.1938®5.16i4
94%®
9434®
94%®
94%®
(rclchmarks)
Frankfort (rclchmarks)
Bremen (rclchmarks)
Berlin (reichmarks)
3 days.
4.83i4®4.84
3973®
(guilders)
Hamburg
5.17i2ff)5.14%
5.17i4a5.142»
5.17i2®5.14%
40%®
40
95
95
95
93
40^4
9538® 95 "8
9538® 95'&
9538® 95°9
9338® 9559
following are the totals of the Boston
sett
banks for a series of weeks past:
.
Loans.
.
.
941,503
612,499
564,908
78,717
1.80,248
Paid out for currency
1
Excliauged for golil.
Paid out for silver bulliou.
37%
31
Apr. 18
31
31
Apr. 17
52I2 May 8
5134 Fob. 25
91 12 May 25
19 3t Feb 23
341a Apr. 16
82is Jan.
I312 Jan. 26
2934 Feb.
Union.
May
16
16
29
15
18
83 May 31
llOHiMay 31
llUApr. 13
23'8Jan. 16
131 Feb. ^
2038 Apr.
73 Mch. 20
8414 Apr. 16
104 May 10
in leading stocks
west.
.
1,193,541
75,147
804.604
1,894,724
175,881
1,547,234
1,239.988
382,735
214,128
120,498
59,192
On hand
1877.
May
May
78I4 May
11278 May
5714 Apr.
58 Apr.
1538 May
13% Apr.
31% Apr.
8438 May
69 14 Apr.
72i>8Apr.
J.au. 2:
Lake Wesfrn
30
The
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
Standard silver dollars—
Low. High.
Highest.
Lowest.
3,.593
Lake Shore
<lo
97,037
126,372
37,308
:
1877,
Whole year
Week.
Shares.
&
221,6,57
306,570
1,659,167
1,510,737
TRE^fUREu's Office.
Treasury Department, May 2S,
Sales of
Hnmibiil
do
332',i'69
49,.579
were as follows:
Central of
274,445
1,705,200
1,632,445
102,395
1,272,662
841.489
741,862
605,303
139,3X9
Tlie Gold Market.— Gold has been more in demand in consequence of the government bond transactions and has advanced
In the receipts to-day at the Sub-Treasury in this city
to lOli.
was the very large item of $35,599,807 in gold, but how far this
represents actual receipts from the Syndicate we are not definitely
informed. On gold loans the borrowing rates to-day were 1@3
per cent. A Washington despatch to the Keening Post, May 29,
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
N.Y.C.&
Ohio
& S.E.(St.L.)2d wk.May
.
Illinois Cent...
Morris
&
(Ken.).2d wk.May
do
(Tcnn.). 2d wk.May
do
St.Paul& S. Cit.T. April
SiouxCity&St. P-Aprll
Southern Minn. .April
Tol. Peoria & War. 3d wk.May
Sdwk.May
Waba«li
Erie
Han.s
&
Phlla.
Pbila.
Centralof N..7.I 21
Chic. Burl.& Q. l(W/
XXVI,
Jan. 1 to latest date.
1878.
1877
Louisv. Cin.&Lox.April
;
were
rvoL.
WoekorMo.
Northwest common
„
)
-Latest earainRS rfc;)ortcd.1877.
1878.
64,701
72,997
LouisvlUe&Nasli.April
360,000 361,372
578,432 534,213
Michigan Ceutral.March
in May, St. Paul common sold at 17^,
at 19i, Lake Shore at 47|, Michigan Central
receipts at 3i low-priced
38i, Jersey Central at 61, and Wabash
favorites were then abundant, but now, evidently, tempora
mutantur, and there are few stocks with any prospect of dividends for some years which are selling below 50. At the close
Last year,
great loss.
The
.
THE CHRONICLE.
542
prices
:.
.
1878.
6.
t
May
May 13.
May as.
May 27. 12-^,932,500
PUlIadelptata
124.485,100
123.879,400
123,5>O,10O
Specie. L. Tenders. Deposits. Circulation. Agg. Clear
5,2S'i,300
4,767,400
4,119,100
3,9o9,S0a
48,357,900
25,539,500
4«,27:,046
48,82),«rtO
S5,453,2i)0
42,539,78i
49,3:)fi,900
2.j.099,40l)
4,-.6O,20O
48,693,500
25,ar',100
4;.6-4,818
37,395,431
Banks.— The
toUls of the Philadelphia banks
are as follows
Loans.
1878.
May
Mav
May
May
6.
IS.
20.
27.
>
3,445,600
3,766.400
3,657,600
»
Specie. L. Tenders. Deposits. Chrca'fltion. Agg. Clear.
S
$
$
«
$
«
5'.I25,607
57.741,781
57,480,896
67,106,350
2 082,533
2 08.',914
]1,531,7S1
11,574,516
11,679,304
12,831,928
44.154,801
11,1-23,033
30,.507,64O
43,987.69-J
2M)46.40»
44,1.')9,418
11,125,930
11,109,920
.32
43,830,408
ll,0e8,75>7
E0,1S6,^S
2 000,725
2,002,175
731,584
.
.
.
JuKB
1,
.
—
Noiv York Clly Bank*. The following statement shows the
coaditioD of the Associated Banks of New York City for the week
ending at the commencement of business on May 25, 1878
-AVKBAOK AMOiraX OF
Legal
sal
Net
CirculaLoans and
Specie.
Tenders. Deposits.
tion.
Cap'til.'Dlscounta.
Baxkb.
«
t
»
$
8,31P,8C0
l,rw,201
8,990,900
40.CO0
8,00(i,0v0
8,893,000
New York
,
a,381,0M
3I\000
4,917.800
3,193,10)
1,48.5.100
1,4M5'10
877,100
6.38,700
J,08-,>,100
1,8.55,3()0
4,518.200
7,163,8
4,2*8,800
8,919,800
6.6iS,I0O
2,030,0
8.288,100
1,891.500
1,465,800
9,491,903
SlS.t'OO
868,800
510,8
168,000
215.0)0
219,800
2..549,800
618,300
808,000
85,000
40,00J
2 164,-JOO
999 too
990.000
849,6(0
a'j5,300
20,>.000
481,10)
.346, KX)
l,<i4l,3)0
138,41.-0
182,1500
4S-3,IOO
916,700
1.461.000
7.7i3,000
7.0 i 3,800
2,80!.a0)
5,571,3-0
5,40:i.80)
50.000
ILOuCOOO
r,767,.1O0
.
8,0(10.000
AmiTloa
...
...
l,SOO,O0U
S.OOO.OSO
B,B36,90O
1.880,100
8.336.:0)
Ph.viilx
...
City
...
1,00,000
1,00000)
Trad smeu^B..
... I,r00.0.10
60O,0(iO
MeiliimlcB'
I'nton
Fulton
Chcnrcal..
800 000
MLTihiints' Esch. 1.0(10,000
Gallatin National 1,500,0.10
9 535.3
SlSil.IOO
ButclnTs'JcDrov.
1.388,100
McclianiC'."
& Tr
Greenwich
..
11,1.M,i)jO
5,000.000
5,000,000
1.001,000
1,000,000
Broadway
Mercantile
Pacille
Eepnblic
41-3,700
l.r.OO.COO
Chairam
450,0H)
PeoDle's
North .\merica..
4I2,WJ
13,li8,800
4,.W,I00
3. 103.300
2,1
WO
l.2i18,400
l,5a->,600
4,l)9!),300
2,035.300
1 ,0i 7.00)
1,707,400
S'JO.OOO
S.OOI^.OOO
Irvin;,'
.
600,00)
1,0)0,000
.
2SO(10
3.031.
2,729.8')0
700,000
1, 01.000
Hamiver
Nas-au
Market
2,210,S0O
961.000
1.498,701
300,'iCO
fOO.oflO
Commerce
..
l.-iOO.COO
•130.800
SO^LCOO
600, rOO
..
Americaa Excb
Metroiiolitan
Cit z US'
3.765,
500.1:00
6'^O.OOJ
Leather .Maniif re
Seventh Ward..
SUto of N. York.
l,f!80,U,>)
l.iflO.OOD
2,406,903
Shoe and eather
Com Exchange
1,000,0
l.OOO.iOi
1,001,000
Continenial
l,-250,i«'0
8,01 1'O)
3 5T7,5l.l
3.3-30.100
G.6 18,800
OrieLtal
800.000
40).O0O
l.SCO.OfO
2,000.0
500.001
800,000
St.
N:cbo'a«
.
Marine
ImporuTi'&Trad
Park
Mcch. Bkg. Asa'n
Orocru'
North lliver
1,-3.'53.500
a,092,«0O
15.1-67.900
11,841.3)0
618.400
510,500
791,400
71«,100
372.800
12,44 1. COO
240.000
East Kiver
...
350,000
Manuf'rs' iS Mer.
lOOOOO
FouriD National 3.5 0,0,0
.
Central National. 8,00,1.0(0
Second National. 300,iO)
Ninth National..
7M,r00
Fir-t National...
500,000
Third National.. 1,00'',OCO
300,0(0
N. Y. Nit. Exch.
Bowery National. 250,000
New York County 2 0,r03
GermanAmeric'n
Total
6,rs-<,ooo
S,i'30.0i0
3.311 400
8,131.0
5.375.800
1,104.500
750.000
0:0
1,0SI,1C0
1,809,801
701,800
40!I.1CO
B(i7,50:)
l,8«l,9CO
1,178.60)
ISO.OCO
8,S89,0i0
781,400
1,018,400
4.')9
asaooo
IS.3,9
6-i8,0)
i
isoooo
1,72),(-.00
821.800 2 3r3.3C0
71,10)
491,800
S91.900
287.300
:8.co)
510,10)
818.600
13,600
87,000
308,800
7,1,600
811,000
965)0
1
*',SIO
i.or-,-jro
7600
1,032,100
1,879.800
119,703
,97',).000
!.207,000
831,f;oi
1,80 -5,3,30
105.700
3;H,C0)
84,6)0
701,2 O
85,500
190.00)
11^,000
34:1,00
941,100 3.ia3,i 00
780,700 2,549,500
11 '5.610
2r,500
1,300
121.!0)
ai,'00
208,403
70,4(0
84,0,X)
119,500
3.900
432 703 2,.50t,000
286,000 1,168,000
510.000
58.900
577.400
1,033,930 !, ,355,8-0
279,,300
979,800
1,724.000
l,6Vl 400
(20,903
2.478.800
1.917,80)
3,000
309.803
4i'8,iJO0
472,6-10
4.700
731,000
2,73l.5')0
1,089 930
1,114,000
17,22 !,300
12,>.94.700
318.000
1,113,800
54 I.' 00
4W,C0)
306,400
491,700
;5I,510
502,700
9i,CO0
447,
no
10.270,330
6,748,000
l,04V.()0'i
1,411.030
2.0«">,000
i70,').O
2,884 400
7,986,0X)
450,.i(0
l,0S5,i)C0
180,101)
5,i'31.600
792 OCO
717,103
208.1(10
28),000
3-^,800
39 -,803
805.100
1,181,70)
1,769,430
S23,000
180,0„0
00,000
I
:
Loans
Dec.
Inc
3.800,1(0
3,000,8 )3
.
The following
Circulation
Dec.
Loans.
L. Tenders.
Specie.
t
t
t
19,S|-|6.800
37,568,903
iS.
89.
1878.
Jan. 5,.
Jan. 13.
839.764,80)
239,173,930
9,fi;4,M)0
22,122,1.0
8->,067,500
S5,,30O,500
193.896,400
194.848,500
197,711,800
a3ii,9.38,.3O0
25,807,500
27,093,800
Jan. n.
Jan. 20.
Feb. 8..
2)6.981,200
833,404,300
Feb. 9,.
Feb. 16.
Feb. 23.
Mar. 8
Mar. 9,.
Mar. 16,
Mar. 83.
Mar. :10,
Apr. 0,,.
.
Apr. 13.
Apr. 80..
Apr. 87
426,9J5.702
•,1.29.3.900
41-8,401.646
I
384,336,660
28.4r7,,i00
.37,-831.-30)
807,171,800
841, •875,501
843,(-5;,S00
8l,83O.0ft1
.37,,-16-2.-303
810,-101,7011
1!),76I.:103
38.146,900
211.113.003
242,859,900
841,659,103
216,456,200
3.3,011,^00
34,377,000
34,845,600
a3,97l»,0O0
33,1.37.900
19.687,100
19.781,2)0
19,808.900
2)6,3-20,800
24-3,978.90)
8)l,5'i<'.703
841.590,900
240, '-,49, 100
830,018,400
38.113,400
fi.j,301.500
18.
2:13.997,200
80,j,9r8,:100
81-8,132,00()
30,835,900
810,891,600
213,933,400
215,155,900
30.326,^300
21,5,085.100
29.605,700
29.123,400
21I,9:1S,,500
210,378,400
.-56.623,700
26,6:K,0()0
2Ol,t,61,-2O0
35,4Sf),S00
83,666,100
201,986,603
33.935,903
38.1,36.()00
208,0.53,400
3
34,933.801
800,875,(00
199,074.000
',58.5,100
30,051,900
87,460,500
23.030.800
19.82:.100
!.N
38,4:15,300
33,612,000
41,020.100
44,083,900
31.1,038,000
199,«88,;00
198.985..300
19,8.38,503
19,883,100
19,910,700
19.»0r,,300
19,9I2,3-»0
19,911,600
19,959,200
19,982,400
20,021,800
19,993,3l'0
20,03:!,100
30,012,300
80.005,800
403,812,018
4„8,478.»74
3r8,019.77:j
340,814 14;
.341,10.'),li,>
343,0T0,.3-24
289
48-.t:il
400,609.6SO
377.110,111
401,.593,977
373,731,172
359,.353,3-i8
4J1,44.',0.35
Bid. Ask.
BOSTON.
Maine 68
New Hampshire 68
Vermont68
Atcb.
ft
Tcpcka
do
do
do
Boston*
Boston
&
...
.
Camden
City
do
Delawt»re
6jt,
coupon ....
coup
l>M«
l8t nl.78
102(<i
i;^*
lanninc.
8s..
.fr
...
coupon..
bs.
RAII.KOAl) STOCKS.
CJtnden & Atlantic
fltchhurglU!,*
,
1
,
Little Schuyltlll
lilnehlll
Neaquehonlng Valley
do
7s
Kan. Clly Top.ik W., "s, 1st
do
do
78, Inc..
Kastero. Mass., 3HS, new. ...
Hartford 4 Erie 78, new
Ogdensburg ft Lake Ch.S8...
110
109«
108
liij
111
iiaK
lo-j
too
-«
133
Ohio
Balt.ft
1
:8«
1.
(M
Kd
17
34
33,,
.
!!«)<.
Pittsburg
ConnellSvlile..50
ft
RAILROAD BONDS.
Ualt. ft
,
UH
Cincinnati 6s
2d m. 69. '8).. 100
10 Ih'
do
7s
3i m. 63, ':i7.
«3>4 K4H
'^o
do
7'30s
t
do
South. KB. 7'30s.t
do
63, coup., '89
do
do 6s, gold
mort.6s, '89. ... 108
do
io*^
Hamilton
Co.,
O.,
6s.
long..
Cam. * All. Ist ni. "s, g., 1913 108
do
78, 1 to5yrs..t
do
2i in., 7b. cur.,*80 ioo«[ioi
do
7ft 7^30s. long.t
Cam. & Burlington Co. 6s.*97. 100 ....
CIn.ft Cov. Bridge st'k, pref.
Catawissalst, <s, conv., 'oa...
Cln.
Ham.
ft
D.
1st m.73, '80
chat, m., lOs, '83
do
do
id m. 78, '85
105 '103H
new7B, 1900
do
Cln. Ham. ft Ind., 7a, guar
103
Connecting 68. H)UM904
IKSJjl
w
7.>
14
new
Atchl-on ft Topeka
Boptonft Albauy
Boston
Boston
ft
Maine.
ft
i'rovldence
ft
do
do
2d ni. 7s, gold, '95,
3d ni cons. 7s, '05*
,
Ithacaft
Sup.
ft Miss.. Isi
m., 7',K.'
64, co'jp.. ItJJ3. lib
68, reg., 1891...
7s, reg., 1910... 114
do
6s,' p.. 19 3
V7«
"»Hi
40
TM
1.30
1 C-igdensb.
ft
L.
Champlaln
...
4:1
H
MW
100
H7l<
no
aoK
m.
7<.'-2
North. Penu. \n m.6s, cp
on
....
\'.'.'.'.
ua
con. in.,6s,rg.,i943
,'85.
ft
|U4>4
MHi
100
i'>m\
:o»><,
2d m, 7s,cp,. '96. Ul
do
do gen. m. 7s, cp., l':03
di gen, m. 7s, reg, 190'? ibi
Creek ist m. "s, coup. ,'8:,
...
48
906.
lis-.* i':V
am
2d m.7s.
3d m. 7s,
*88.
U«i
latm.fs,
89
Ham. 4 Dayton stock.
Columbus ft Xeala stock...
b7
77
98
91
90
78
«!«
too
15
la
98
Miami stock
73
I03W
97
Dayton 4 Michigan stock..
8<
do
8. p.c. st'k, guar
Little
97
106
bV
87,'4
99
35
87
88
LOUISVILLE,
t 100
,oulsvllle7s
do
do
do
do
do
do
t
t
6s, '32 to "87
68,'9ao'9i
water 6s,'87 to '89 t
water stock 6s,'97.t
wharf Cs..
spec'l tax6aof '89.t
Loul-viUe Water6s.Co. 190;t
Jeff. M.ftl.lst m. (I4M) 7b,'811
2Jm.,7s
do
1st m..7s,iaij«. ..t
do
9,-1
97!.
Loulsv.
ft
9-!<
98)2
97^
l»7Mj
97„ fSW
9lH
100
101
»iH
lOiM
7s,'9i.
10««
100
Louis.ft Fr°k.,Loulsv.ln,6<,'S
Phlla.ft £rle istni.6s,cp„'8l
Nashville—
Leb Br. 6s, '86
t 97]
81 m. Leb. Itr. Ex.,7s,'80-85.t
mi
6«, '>J.-.t SJi.
Lou. In.
do
I03>, 104
Cousol. 1st m. 78, ''J8
1
100
104
da
'4S-.49,
do
do
3dm.,7s, 'p .'93
do
dcben., cp., *93*
cp. off.,
do
do
do
scrip, 131-^.
do
In. in.7s, cp,iS96
do cons. m. Is, cp..t9i;. ioa'4 •.osi<
do cons. m. 7s, rg..l9'.i. lua^ 103X
do CO s.m.6s,7.1.i9il
do conv.ts,rg.ftcp.!893'
90
do
7s. coup. otr. '93
do scrip, 18S J
Phlla.ft Ke^id. Cft 1. deh. 7s,|,2
do deh. 7b. coup, off
do scrip, I6&i
• In default of Interest.
91
We3t.lstm.,'8i...-t- 100
Pennsylvania, Isl m., cp.,'SiJ,
_,
!0'>a icviji
geu.m.6s,cp..l»;o ;Ii«% l(i9>v
do
io«>. Lonlsr.c.ft Lex. 1st m.
do
een. m. 6s, ig.,19:o. lo,-*
ex pi-t'-lue c rup^as
cons.m. 6s rg., 190,'S ua
do
do
3d m,7s,cp.,'%
PhUt. * Read, in m. 6s, '43-'<«.
*84.
Cln.
:oj
lM>.j
K.Oii
1st
4
i>'7>;
ua
95
100
103
105
106
108
»9)« 100«
85
89
95
too
104
iin
110
to
70
1)5
m.73
lU
2d m. 7s, 'ti.
Xf nia, 1st m. 7s, '90 lot
Mich. Ist m. 78. '81. 103
Indiana
Ist m., 1905
.905
Ind. Cln.
Laf. 1st m.'
do
(I.4C.) 1st m.7s,'38
Llltle Miami 63, 'c3
...
B,,7s,cp.,'96
scrip
do
Fa.4N.y,i:.& KR.7s,'96
4
do
Colum. 4
Dayton ft
do
do
Dayton 4
do
<do
do
cons. m. 68. cp., 1905.
do
Navy Vard 6s, rez..
Perklomen 1st m.83,coup.?/7
,...
SiTV 2H
U!1)S <.81K
76
103
l^ll?^
1(W
Lawrence
Clu.
Dan. H.& Wilk8..l8t..7a. '87*.
Delaware mort., 6s, various. 10)
Dr-1. & Bound Br., Ut. 7s. 1905 »;
East Pt^nn. ist mort. 78, '88
lu3,Si
El.ft W'nisport, itt m.. 7s, 'oO.
Ist in., Ss, perp
do
Han Isburg 1st mort. Oi, Si,
H. ft li. T. Ut ni. 7s, g )ld, '90
.301,578 637
38-3,688,684
3)l,f164,165
....
8s..
itli.,6s ....
103;.i
.
do
do
do
do
110^
ft 8.
Manchester
..
109'
WJ%
do
Wash. Branch. 100
37 *t
do
Parkersb'g Br..50
41H 41« Northern
Central
50
48>.40},
Western
Maryland
50
45H 46
Central Ohio
50
Camden AAmboy 63,coup,'i3 108«
Lehigh Valley,
114
1
UK
109
Ohio 68, 1880, J.ft.r... 103
104
do
63, I8S5. A.ftO.
8
W. Va.3d m..guar.,'85.jftj
US
Pnllndelphla & Head ng
14t< N.
PIttsb.ft
Couneirsv.'.s,'98,J*J B-ix 94
Philadelphia A Trenton
Vi'.ii 123
Northern Central 6s, '35, J&J 05
Ph la.Wllmlng. & Baltimore.
do
6s, 1900, A.ftO. 110
Pittsburg TItuav.& Buff
..*>^ "Wi
do 63. gld,1900, J.ftJ, BS
United N. J. Companies.
.2-2>i
Cen. Ohio 6s, 1st in„'90,M.ft S, 1.7
100
West Chester cousol. prof....
W. Md. 63. 1st ra.,gr..'90,J.&J, 108
West Jersey
9<
do 1st m., law, J.& J...
CAXAL STOCKS.
lOi
do 2dm.,guar., J.ft J
Chesipeake & Delaware
50
do 21 m., pref
Delawure Division
do •Mm.,gr. by W.Co.JftJ 104
Lehigh Navigation,..,,
iHH
do 63. 8d m.. guar., J. ft J. UO
Morns
Mar. ft CIn. 78, •vl. P. i A ... h2
lijO
do pref
do
2d, M.4N
2«U
PeRnsylvanla ..
ia»«
do
8<, 3.1, J.ftJ
Schuylkill Navigation
Union ItR, 1st, guar., J. 4 J.,
do
pref...
8^4
dki
do
Can on endorsed. 102)»
Susfiuehanna
.
HISCELLAXKOUS.
RAILROAD BONDS.
Baltimore Gas certlUcates..
Allegheny Vai.. 7 3-109,189'* .. ion 108 1< People's Gas
do
78.E.ext.,19lO
do
Inc. 7s, end.. *9I
21
CINCINNATI.
BelvldcreDeU. 'at m.,6a,con, 100 |U7
439,5-35..-,45
Nashua ft Lowell
86 |....
New York ft New England...
62^! 63
Northern of New Hampshire
18U1 12U Norwich ft Worcester
....
10»
•
Par.
37
I..
Om«ha
10«
lom
KAILROAD STOCKS.
419.-3iil,-jil9
•
'.
7S
.
pref. ...
do
do
Catawlssa
pref
do
pref
new
do
Delaware & Bound Hrook...
East Penusy vanla.
ElnilraA WUliamsport
do
pref..
do
Har, P. Mt. .Joy A Lancaster.
Uuntlngdon & Broad Top...
do pref
do
Lehigh Valley
Norrlatown.
Northern Pacific, pref
North Pennsylvania
Pennsylvania
Ph!la'telphla& Krie
Maryland ds, d^fenee, J.& J.,
do
6», exempt, 1687 ...
do
6', 1890. (luartcrly.,
do
5s, quarterly. ..
Baltimore Gs. 1S8I, quarterly.
do 6s, .886. .t.ftj
V
do 6s, 189J, quarterly...
3i«
do 6s, park, 1890, IJ.—M
2<M 30
do 6s, 1893. M. 4 S ....
do 6s,exempt,'.^i,M.&S.
do
1900,.!. ft J
do
190J,J.ftJ
40H Norfolk
water,8s
426,150.360
3Sl,4l5.3-25
l'.2K :i3
& Mo., land irant 7s...
Connecticut River
do
Keb.Ss, 1S91
ill
11IV( Conn, ft Passuujpsic
do
.N-eb.8«,183i
.. lUHtj imt
Eastern (Mass.)
Conn. 4 I'aSBumpslc,7e, 139;.
Eastern (New Hampshire)...
Burl.
,.
.,
coupon
110
Bid. Ask.
Burlington ft Mo. In Neb
Cheshire preferred
CIn Sandusky 4 Cley
es
Lowell 78
.Maine 7s
W
BALTIMORE.
78, reg. &.
Bs,
HarrUburg City
Athens 1st e d, la. ,'90 .,.
104
Junction 1st mort. 6s *fti
do
2d mort. 6s. 19 JO .. lOJ
STOCKS.
2078
^
PHILADELPHIA.
40
0>dCo1ony,7s
H8
do
VermontftMass.
lOS
AsK.
Bid.
,
rittsb. rilusv.
Verui't Cist in.,7»
-•^ennont ft Canada,
lioston 6s, currency
do 58,go]d
Chicago sewerage 78
do
Munltlpans
PortlsndSs
• lOnKITIM.
We«tern, 8s ....
Pu'!bloft Ark. Valley, 78
UutlanJ Sj,;8t mor t.
*
•tctriitTtis.
-
.
20
BOSTOS. PHILADELPHIA AND OTHER CITIES.
B«CCBITI«S.
Bid. Aik.
Phil.*"., m. 7s, reg.ftcp.'K-S
Oadensb.AL.Cliamprn,pref lOJW'lOIJ
Old Colony
10j|« I'hlla.Wllm.ftB.U. 68,^4 ..
l*ortlan(l Sico A Porttmoutti
Pitts, cm. ft Bt. Louis 7s, 1<00 go
itaLiitiia.common
ShamokiU VJk PotMT.78, 1«0I
preferred .,
dtecbonr. ft Ind. 1st. «a, 1881.
do
Stony Creek Ist m. ;• »J7...
Verniont ^Canada
iim Sunburv ft KrIe lat in. 7s, "n
Vcrmout Jk Maasachuaetts
Si
Union* Tliusr. 1st m. 7s. 'SO.
WorceaterA Nashua
United N.J. cons. ni.6a.'»4.
Warren* K. I8tni.7s, 'W
West Chester cons. 7s, '91. ..
BTATE ASU CITY BONDS.
West .lerser 6s, deb., coup. ,*8^
PoDna. 59, K'd, int .reg. or cp.
do
istm. 6«, cp., ». lOfi
do 58, car., re^
do
Istm. 7s, '91
oex
do 5s. new. reif.,13^tM9(K 111
lllW
do 68, lU-15. reg-.l-TT-'S"^. loow 10«« Western Penn. UK, 6s, 1893,
do
6s p. U.,'96
do 68, 13-35. rejf., 139^'y2. 113H
CANAL bonds:
do 6^lri. Plane, reg.,lS79
Chesap. ft Dela 6s, reg., '86
73
Phltttdelplila, Tjk reg
Delaware Division 6,, cp.,';s
tis.old,reg ....
do
Lehigh Navigation »; reg.,'8i
do fi»,n., rg.,prlur to'%
do
BK., rg.,'»-, I as
do 6!»,n.,rg., S95*ovcr
do
C01.V. g., n g.,'Ji 00
AlIeKheny i;ounty 5*, coup...
do
goid, '97
Allegheny City 7s. reif
do cons. ra,78. rg ,191;
Pltuburg 4s, coup., 1913
Morris, boat loan, reg., 1385,
53, reg. & cp., 19U.
do
Pennsylvania 6s, coup., :9:0.
60
68, gMd.reg
do
87
"9, w't'r ln,rg.&c >. loiJtj .03H Schuylkill Kar. 1st m.Us. '97.
do
do
2d m. 68. 130
S7H
"10 "8, Ilr.iinp.,reii.,*i3-S6*
do
68, boat* car, 1913
N. Jersey 68, reg. and coup...
d^
78, boat * car. 19 ^
exempt, rg.&coup.
do
Susquehanna 63, coup.. '.9.3 .'
Catuden County 68, coup....
Little Schuylkill, lat
ftUOTATIfl.NS
543
SXCURITIKB.
do
412,7'89.S67
30,193,600
20,3.086,00)
S
19,657,800
19.787,109
19,881.600
19,841,800
19.798,10)
-85
11.
*
18,676,700
301,981.500
219.936.400
833,030,700
233,182,600
4.
pi-t:
34.612,000
34,804,000
37,189,300
32,319,400
33,326,400
37,116,900
39„^45,100
39,631.500
38,767.600
6,EO0
Deposits. Circulation. Agg. Clear.
t
237,5:34,(00
a39,-256,100
.,.
UH
weeks
are the totals for a series of
15.
1877.
May
May
May
May
>
443,lro
?J.1(0
e5,?23,2;o 231,&97,;03 19,827,100 41,021,900 198,985,300 20,005,8.0
Sperio
Lagal tenders
Dec.
Dec.
Dec.
1
347.00.)
4-28,OtO
UO,IOJ
5,400
4, .59 .',800
no
8',
4'..oa)
1,934,80)
893,000
1.071,003
84!), -"OO
8f;4,5'X1
.S5,-:oo
211.0,0
450. Olio
3 (7,003
1247.10)
400,530
164.800
194,000
8,700
86 1,600
l.i'Oj.ODO
2,6-23,4
231,000
415.4X1
1,4 9 030
417.5)0
47,900
109,400
760,8.0
2,023.::0()
41 ',000
560,30)
173,700
l-39,<0)
7.500
107.700
171,400
135.020
l.IOO
843,103
deviations from returns of previous week are as follows
Inc.
8874,600 Net deposits
De
$7(0,8(0
The
..
BOSTON, PHIClDELPHLtf, Btc.-Contlaaed.
:
8,1
t
THE CHRONICLE
1878.J
MaiilinKan Co..
MiTc'lunts
—
. .. .
Jefferson .Mad, ft Ind stork
Louisville* Nashville stock
S7X 33
ST. LOUIS.
St.
Louis
do
do
do
do
00
St.
St.
reuewal, gold, 6s. lUM
sewer, g. 6s, '91-'i.3.t iiias
LoDls Co. BOW park, g.6<.t VUH
t
cur.78
do
L.4 San F.
do
do
t
lOiM
6s. 10"g
iid::;::l 104
105
water M, gold
do new.f! IIWH
do
bridge appr,_
..g.6af lOIH
Itli.
do
do
And Intereat.
bds, sor's A
do h at
do C 20
47K
SO
ax
—
....
..
t
..
.
.
.
. .
.
THE CHRONICLE.
544
[Vol. XXVI.
NEW
QUOTATIONS OF STOCKS AND BONDS IN
Bonds and
U. S.
—
t
1.
.
..
active
BaUro%d
St-Miks
are guatei on a previous paje.
YORK.
Prines represent the per cent value, whatever the par
may
6«.
STATE BONDS.
Bid. Aik.
BXOUBri'UIB.
Sa, 1883
4H
L>nl8lana
do
58,1866
4.S
do
do
d»
do
do
do
do
do
do
Michigan
do
do
«<
8s. 1S86
do
ta
8a, I8S3
do
3b, M.&E. RR..
do
fi
89, Ala. &C11.U
do
21
Ssaf ISK
do
m
88 0* 1898
do
a,^
Arkacoas 6b. funded
ft
do 7s. L. R. & Ft. 8. iBP
ft
do 73 Memnlils & L.R.
ft
do 7e,L. «.P. B. &N.0
ft
do IB, MISB. (>. & K. li
ft
do IB, Ark. Gent. Rli...
Missouri
1(W
Connecticut 68
IIKI
Georgia 68
KIM
7b, new bonds
do
7s, endorsed. ... KW
do
1U7«
7b, gold bondB.
do
KW
Illinois 6b, coupon, 1879.
Km
war loan
do
Kentack768
78, small
68. ;87;-79
6b, 1883
7b, 189U
6s, due 1»78
do
do
do
do
do
10.i
1386..
18?7..
1838.
1889
do
do
or
.
28)4
64
.
148.)b!
Joliet& Chicago
Long
Island
A;
Texas.
Kew York Elevated Kit..
N. Y. New Haven & Hart.
Ohio & Mlo*ls8ippI,pref
PItlB. Ft. "W. & Ch., guar.,
special.
do
do
Reniselaer & Saratoga
Rome Watertown & 0(r.
.
IfOHi
20
do
pref.
M,
I.
&
3
12
13
Southern..,.
'"'iyi
niscel'ons Stocks.
Am.
District Telegraph.
Canton Co., Baltimore
lU
.
15>i "l?
American Coal
Consolldat'n Coal of Md..
Cumberland Coal & Iron.
Maryland Coal
Pennsylvania Coal
Spring Mountain Coal....
Mariposa L. &. M.Co
pref.
do
do
Ontario Silver Mining
Railroad Bouds.
CStock
Exchamje
30
2j
& Erie, Ist m.
guar. ...
R & North., ist 5s
ft
Hartford
.
n3«
iiijt
new bonds
no
94
New
2Hi
2W
38M 30k
72«
Minn. ft St.L., Ist 7s gua. tso
Chesa. tt Oiiic bs. Ist m..
31H
i
i09«
i
no
Harlem,
Ist
mort,
76,
7s.
iBt
coup.
reg ...
let
121
i.SMi
120
.
119
mort
Ohio ft MlBB., consol. sink.
consolidated
do
2d do
do
do
2
2
fd.
107)4
98
t
t lOG
15
101
lllK
112
107
99
109
1908
RAILROADS.
P. Peivk, 6s.gold.. 40
& N. Y. Air Line. 1st m 102
Bur. &Mo. Klv., land m. 78... no
45
103
Keokuk &
St. Paul
liur. 8s .....
Carthage
Dixon Pfcorlaft Han. Ss.
{>.
O.
ft Fox R. Valley Ss
Qulncy
Warsaw 8e ...
Ulliiofs Grand Trunk....
Chicago
Iowa K. Ss...
9CI
sflt
&
Chic.
Chic,
&
&
&
^^
j
y*;
Can. South Istm. g. 76.
Ut mort., 6b.
ft Eai>t. 111.
m.
.2d
Inc. 7b.
1st Hs. '89.
do
2d
7s, 20 years..
Connecticut Valley tb
Connecticut Western istVs
Dan. Urb. Bl. ft P. let m. 78, g.
ft
Pittsburgh
.
.
Galena ft
Peninsula
\
102>, 102Ji
.
1st ni., conv.
Chic.
MIlw., 1st mort
Winona ft St. P.. iBt m.
•-06X
112
&
do
do
do
do
do
ex-matured coup.
i<\
Ex
ft
mort
89)4
Nov.. '77, coup.
«aulp'i bondh.
'to
ra
now
do
con. convert... t45
do Ex. Aug.,*78,& prev'B
C.C.C.&Ind'B IBt m.78,8K. io7'« lOHHi
Great Western, iBt m., 1888.. }120
05
do
consol. m. bds t...
do
ex coupon .. 99)4
DeL Lack, ft West.. iA m 105
do
2d mort.. '93. {79
do
78. conv. 102)4 t'.'.'.
do Ex ft Nov.,'77,couii.
do mc rt.. 78, 1907 101« t ..
Qnlncy ft Toledo, Ist m.. '9(t.. {70
Syr. Blngh.&N.Y. ut.Is 102
do ex mat. ft Nov.,'77,cou. 85
Morris ft Essex, ist. m
n«)i
Illinois ft So. Iowa, 1st mort
10?
do
2d mort.
ex coupon.
do
do
bonds, 19(K).
Han. ft Cent. Missouri, ist ra
do
construct'n
Pekln Linc'lnftDec't'r,lst m
do
7s, of 1871
Western
Union
Tel.. 1900. cp... 107
do iBt con. guar. 92
108
do
reg
do
103
Del.ftHud.Canal. iHt m.,'8^ 102
JTElBcellaneoua
List.
103
do
do 189:
iBrokers* Qiioiatio jis,)
do
coup. 7b. :S94 99Ji 102
do
reg. 78, 1H94 noo
CITIES.
Albany ft Susq. ist bds HI
Albany, N. Y., 6b, long
102
101)4
do
.'d do
Buffalo Water, long
t 109
do
J»0
8d do
Chicago 68, long dates
t 96
'^*^ iBt cone, (rii«
tH3
do
7s, Bewerage
t 101)4
Rens. ft Saratoga. Utcp 114
do
78, water
t 104)4
do
1st re* 114«
do
7b, river Improvem't t 101
Frle. iBtmort.. extpndcd \ViH lift- Cleveland TP. long
1108
do
2dm., 78, g..
do
731, Michigan Air Line 88, 1890....*
90
'.Btm.St.L. dlv.
mi
70
16
92
2d mort,
ioo
87
-,
'
I'rice
nominal
t
And
accrued loterest.
Montclair ft G. L.ist 7b
do 2d m. (S
Mo. K.& Tex. Ut 78, g.. l904-*0e
do
2d m. Income...
N.J.Midland Ut 78, gold
<, Y. Elevated IlR.,Utm
N. Y. ft Osw. .Mid. 1st
do
do
receiv's ctfa. (labor)
do
(other)
North. Pac, Utm.gld.
7 3-10.-..
Omaha ft Southwestern UR. ds
Oswego & Rome 78, guar ....
Peoria Pekln & .1. Ut mort .,
Pullman Palace Car Co. stock.
bds., 8s. 4th series
do
St. L. ft I. Mt. (Ark. Br.) 78, g.
St. L. ft San F,, 2d m., clans A.
class B,
do
do
do
class C.
do
wm
St. L.ftSo'east, cons,7i,gold,'94
St. LoulB Vandalla ft T. H. 1st,
106)4
111
m
do
Sandusky Mans,
South Side, L.
do
102)4
1118
Wi%
108
58*4
56
97
78
77
72«
35
I
100)4 101),
100), 101)4
102
IIU
iVi
10H)4 110)4
109)4 110)4
82
15
21)4
55
59
15
175
90
48
19)4
25
75
IBfoker^' Quotations.)
STATES.
Alabama new consols.
do
do
do
Georgia
do
Class
Class
Class
A 44
45
B
C
73)4
72)4
4414
101
6s, lS78-'89
Carolina con. 68 fgood nos.) 84
do rejected ( beat sort)... 85
M.,4St 101
Texas «8,18»a
S.
do
do
do
gold,189'J-1910..I.&Jt 110)4
7s,
2d,
ft
1.,
)No
7a.
m. bonds,
sink. fund...
South. Cent, of N. Y.
Southern Minn.
do
guar
Newark
1st
78,
1st
mort.
7s.
Ut
prlca to-day
;
guar.
Ss...
Hl)4
CITIES.
97
88
1114
971>4
\facon bonds, 7s
70
Memphis bondc C
Mobile
do
do
36
35
HO
45
45
46
104
105
102)4
57
\W<
bonds A & B
end., M. & C. KK
do
do
...
101
108
102
98
83
79
Columbus, Ga., 7s, bonds
Lynchburg 68
5s (coups, on)
88 (coups, on) ...
68, iunde(l....
.Montgomery, new 58
new Ss ...
do
KashTlUe 6s, old
do
68, new
New Orleans prem. 5b...
.
do
do
do
consol. 6b..
riillroad, 6s.
.
.
wharf Imp'ts, 7-30
Sorfolk 6s
Petersburg 68
40)4
Richmond
88
Savennah
do
do
93
98
88
68
78,
78,
old
6)
to
,
new
Wllm'ton, N.C.,
do
85
85
87
72
103
7B,gold. 1901...J.&J...t III), 113
pension, 1894.. J.i&Jt 102)4 103)4
50
21
30
78
45
101)4
10s,
do
do
104
100
105
80
....
Southern Securitiea.
99
83
let 7b
.
do
'M
6'2)4
81
.
m. 8s.
Chicago Ext
tt l)et. 1st 7s, g
Union & Logansport 78
Union PacltTc, So. branch, 6s,p
West Wisconsin 7b, gold
Charleston stock 6s
Charleston. S. C, 78, F. L. bds
do
Canada Southern, Ist m. coup
93
Central Paclllc, 78, conv
103
Central of Iowa Istm. 78, gold. 32
.
:Bt
82»
eo,i
small.
reglBtered
9S
95
.
reg.
do
do
11(()4
.
do
Dlitrlctof ColumbIa3-65B. 924
waterworks
Augusta, Ga., 78, bonds
7s, gold .
6s, l£dm. g.
do
con. m. ,7s..
do
7s. equip...
Evansvllle & Crawf ordsv., tb. . 101
Kvansvllle Hen. ft Nashv.78...
110
Jollet Sl Chicago, Ist m.
Evansvllle. T. U. ft Chic 7s. g. •'53
La. ft Mo., 1st m., guar.. tU7
Flint ftPere M. 86, Land grant. •SO
St.L.Jack.ft Chic, Ist m. 105
Fort W., Jackson ft Sag. Bb, '89
Chic. Bur.ft Q. B p.c.,i8tm 113)4
Uraud U.ft Ind. '.Bt 7b. l.g., gu. 9'()
consol. m. 7s
do
112>«
do
1st .8, l.g., not gu. 79
do
5b 8. f
Ist ex 1. g. 78.
do
45
Ch.Uk.I &P.,B.f.lnc.6s,'W.
Grand River Valley ?*>, ist ra*. t«7
109
6s, 1917, coupon,
108)i
Ist mort... 104)1,' 105)4 Houston ft Gt. North. 1st 7s. g. 55
R.
of
Mo.,
Pacific
108^1109
68. 1917, reglsfd
HouB. ft Texas C. 1st 7b. gold.
90
100
2d mort
do
Ceniral of ^. J., 1st m.. n 112>4|1U
do
West, div
^1)4
income, 78.
do
83
do
1st consol 82
do
75
do
AVaco.
81)4
do
IstCaron'tB
72
I....
do
do
tssented
6H)4
do
consol, bds.
82
t2>4
of
Mo.,
1st ra
South
Pac.
do
do conv...
Indianapolis ft St. Louis Ist 7s «5
Penn. KR—
do asseuied. 68 L...
do
Indlanap, ft VIncen. let 78, gr.. 78)4
Pitts. Ft. W. ft Chic, Istm.
120)i 1S2
Lehigh ft W.B.con.guur V!% 4U
International (.Texas) Istg...
118
do
2dm..
do
114X
....
do
do
asseiitcd. 30
do
3d
do
105J4 Int. H. ft G. N. conv. Ss
61
Am. Dock ft Imp. bonds 4tf
Iowa Falls ft Sioux C. 1st 7b. t89
Cleve. ft Pitts., consol.. B.f
do
do Mssenteil. t.... 50
Jackson Lane, ft Sag. 8s,lBt mt 102)4
4lh mort
uo
Ch.Mll.&Sl.P.istm.Ss.P.D 130;H 121"
lial. Allegan. & G. K. Ss. gr...
H8
43
Ind.
Ist
mort
Chic,
C,
Col.
ft
do
2d m. 7 3-10, do 10(1 atyTii
KHlamazuo & South H. 88, gr.. t70
18
do
2d mort] 14
do
do
lst78, |>g.,(;.Ii iotiS4 ;....
Kansas City & Cameron iOe... tio;
38
Rome Watert'n ft Og.. con. Ist }30
do
Ist m.. La CD, lOOJi, 111
Ut m, 10»)4 10854 Kansas Pac 78,g.,ext. M&N.*99 75)4
do
lBtm.,L&M.D 105'.4 {106 St. L. ft Iron Mountain,
do 78, g., rdgr.,J&J,'8() 95
do
2d m.. teo
do
do
Istm., I. & D. tl02
do 78, g., do M&S.'86 35
112)4 iVs),
St. L. Alton ft T. H. ,1st mon.
do
l8tm.,H.ft D. 102
do 68,gold,J.&D., 18% 10!
mort.,
pref..
89>j
2d
do
108
do
iBt m.. C. &M,
do 68, do F.&A., i89S. 10 i
2d
mort.
Inc'me
do
J61
do
cousol.slnk.fd 102J< :02J4
do 7s, Leaven, br.. *96.. 37
Belleville ft S. III.K. ist m. Ss
95
do
:idm
'98
17
do Incomes, No. U
Tol. Peoria & Warsaw, E. D...
Chic, ft N. West. sink, fd tins
17
do
No. 16
do
98
yf.Q..
do
do
do
Int. bonds. 108
Stock
..
do
7)4
do
Bur.
DIv.
do
do
consol. bds 110
Keokok ft Des Moines Ist 7b.., 80
2S
do
do 2d mort.. Hi
do
ext'n bds..
86
funded
Int.
6b
do
}-!5
30
con8ot.78
do
do
ibo\
do
iBtmort..
07
Long Island RR., Ut mort
Tol. ft Wabash. iRt m. extend. tl20
do
cp.gld.bdn. losH 103
•.01)4 Louisv. ft Nashv. cons. m. 7b. 103)4
Iowa Midland,
4K
,.
California Pac. RR.,
Erie
101)4^
ei matured coup
Bs.conaol., id aeries
deferre-l bonds
Atlanta, Ga., 7s
lOdM
ex coupon
23
25
25
72
59 1^
2U
1S66
isei
do
convert. 8a. var. ser. uo
111
C8lro& Fulton, Ist 7s, gold.. 73 ^< 75
.
.
do
110
t 104
88. 1889-'94
5.306
9v:)8
do Sau Joaquin branch
95
do Cal. ft Oregon 1st
do Stite Aid bondB
do Land Grant bonds.. 93^1
Western Pacific bonds... J
Southern Pac. of Cat.. Ist m. '%^ 114
Union Pacific, Ist mort. b'de I OS 108(4
Laud grants. 7b. io« 10«H
do
Sinking fund... ioo« lOOic
do
m
»5«
35«
Tol. can. 80.
78
107
72
j
Pacific RailroadsCentral Pacific gold bonds.
'lo
i»j; oono
Chicago & Alton Ist mort. iVts
Income. }104
do
,,
104
t 105
\m%\ :06J4 Denver Pac, let m.7e, ld.gr.,g. 45
Denver & Rio Orande 78, gold. 86)4
lUOU!
Des Moines ft Ft. Dodge Ist 7s. 10
100
59 Detroit ft Bay City 88, end. .'t 70
58
Spring. dlT..
8»
new
new series.. ..
new bonds,
«s,
«8,
3
107
110
70
m
103^
laox
68,
6b.
V-rginIa«8, old
«B,
ft Mien. L. Sh,
Chic, ft S'thwestern 78, guar.. 93
Cin. Lafayette ft Chic, let m.. 70
Col, ft Hock V. Ist 7s,
years. 102
do
Ist 7b, 10 years,
98
107 H
do
do
«s,
112
Oswego 7b
t 99
Poughkeepsle Water
t 110
lioimester C. Water bds., 1903+ 110
Chic
6b, 1883
2Js
snnesseees.old
•^H ,,,,
Water 7b, long...
do
Non-fundable bonds
Ss.consol. bonds
106
various...
do
consol. 7b
6s, 1887
do
68, real estate.,
do
6s, BUbscrlptlon.
do
do ft Hudson, ist m.,coup
!8tm.,reg.
do
do
Hudson R. 7s, 2d m., e.f., 1885
do
do
North Missouri,
12
81
Jersey Southern Istm. 7b iso
do
,
J
& O
011888
••.
Boston
lOttK
..
1st
....
AtchlsonA
HUH
m. 8s. :682, B.f. tioy
equipment bonds.
do
do
....
J.&
A.
30
30
30
42
42
30
STOCKS AND BONDS.
ronkers Water, due
ft
Marietta ft Cin. Ut mort
Mich, Cent., consol. 7s, 1902
68,
T
8
H
.,
Indianapolis 7*308
Long Island City
Newark City 7s long
Toledo
Toledo
Cons. reg.. 1st..
11(1)4
Cons, coup., 2d.. 103%) Wi
Cons. reg.. 2d
101
do
do
do
N. Y. Central
Iftj
.
—
Tol. sinking fund.,
do
Prices.)
Boston H.
do
Bur. C.
121H 122H
i2H 23
Atlanllc&Fai%TeI
1P4
ioy>t
109
Ash., old bds 105
new bds 110
do
Buffalo ft Brie, new bonds.. 110
Buffalo ft State Line 7b
105
Kalamazoo ft W. Pigeon, Ist ilOl
Det. .Mon. ft Tol.,lBt 78, 1906. I08>fci 10WJ4
no
Lake Shore Div. bonds
Cons. coup,. iBt. 112^
do
St.L. K. C.& North'n.nref
Terre Haute & Ind'poUs.
UnltedN. J.U.& C
107
Central—
Dubuque ft Sioux Clty.lst m. 105
2d dlv.
do
do
Cedar F. ft Minn., Ist mort..
Indlanap. Bl. ft W., 1st mort.. t20
2d mort...
do
do
Lake ShoreMich 8. ft N. Ind., 8.F., 7 p.c. 109^
do
A
Water worii» 78..,.
KlUabeth City, 1S80-1905....
do
1885-98
108«
13S9,
1839,
....
««
1888
J.
J
l»eiroIt
.
Cleve.
1866.
A. &0...
iniSCBLI^ANfiOlIS
18
17
Special tax, ClflBS 1
do
Class '^
do
Class 3
Ohlf>«e.i881
do
BeUevllle&So.Ill..pref.
81. L.
do
do
Buff. N. Y. ft E. iBt. m., 1916.
Han. ft St. Jo., 8s, conv. mort.
Cleve. P'vllle
8«>e
75>4
100
Bt.LouisAlton&T. H...
do
<ew bonds,
Illinois
Harlem
Missouri Kaneas
lOSH
105H
act, 1866
LandC,
78
-.7
120M
Ss.
FandlQ?
Land C.
70
70
50
50
V
1(H)
iBland 68
S>uth Carolina
Jan. A July
A.prll&Oct
iao
J.i J
..A.&O
.'undlng ant,
104«
7s, 1879
do 2d do
do 3d do 7s, 1883
do 4th do 78,1830
do 5th do 7s, 1888
do 78, cons., mort., g*d bds
do Long Dock boHds
f^
Burl. C. Rap. & Northern.
Central Paclflc
78
Chicago a Alton.
100
pref
do
!i8
Cleve. Col. Cln.& 1.
Cleve. & Pittsburg, guar.. SO
4
Col. Chic. A 1. Cent
62
Dubuque & Sioux City.
Erie pref
.1891..
1892. .
.1893...
,
do
..
do coup, off, J. & J...
do do oS, A. & O..
lOlW
Erie, iBt mort., endorsed
(AcUveprenVustu quoVd.)
Albany & Susquehanna.
do
do
do
103
105
W-tyi
..
.>*
loan.,
M.C.KR
;05!ij
MiUn..
R lode
114
Vorth Carolina'>s, old. J. & J
do
A.&O
108
'90..
RAILROAD AND
Kallroaa StocRs.
«3,
S8,
wi
..
do
do
do
do
SS
101
13«ior'li3.
Ohto»8,l886
Canal Loan, 1878 ...
gold, reg... 1837
do coup.. 1887. ..
48,
!8,
is,
BBOUBITIKS.
Bid. ASK.
Torfc State-
is,
103
,
or Un.,due 1892
funding, due 18M.S...
San. &Bt. Jo8.,duelS86..
.
New
154
54
new
54
6s, new float^gdebt.
"8, Penitentiary
»i
54
6b, levee
54
3b, do
54
88, do 1875
88, of 1910
7b, consolidated
6b.
6b,
do
do
do
do
do
Asylum
.
BBOnSlTlBB.
SKOUBITIKS.
iUsDMna
68,
8s,
gold
67
coup
)
'85
gold) c~
RAILROADS.
Ala.
do
&.
Chatt. I8t m.
88,
end
7)4
liec'ver's Cert's (var.NoB)
Atlantic
&
Gulf, consol
end. Savan'h
do
20
85
30
Carolina Central Ist m. 68, g..
Central Georgia consol. m. 78 105
53
stock
do
Charlotte Col. * A. Ist M. "a.. 70
50
1U4
Cheraw & Darlington 8s
100
85
Tenn. & iicorgla 68.
68)4 East
Kast Tenn. A Va. 6s end. Tenn 85
99)4
E. Tenn. Va. & Ga. 1st m. 7s.
'b3
40
stock
do
do
83
1C7
Georgia RIl. 7s
70
94
68
do
60
stock
do
Greenville A Col. 78, 1st mort.
35
do
78. guar,
Macon & Augusta boads...
91
'.id endorsed.
do
105
do
stock
100)4
Memphis & Charleston Ist 78. 94
83
do
2d 7s..
101)4
6
do
stock.
78
Memphis St Little Kock 1st m 35
100
87
.Mississippi Central 1st ra 78
40
97
do
2d m. OS
101)4
do
'iA ex coupon<«
84
103)4
M188.& Tenn. Ist mort. 88, "A" 107
40
do
8s, "B'
83
do
18
65
Mobile & Ohio sterling 88. ..
18
do
do ex cert. 6s 65
8)4
8s, Interest
40
do
05
2d mort. 88
16
do
N. Orleans & Jacks. Ist m. 88. 110
99
100
Certificate, 2d mortg. 8s
104
Chat. Jfc St.L. 7s.... 98)i
srji Nashville
Nashville & Decatur, 1st 78.... 99)«
104
ibs
Norfolk & Petersburg Ist m.8s 99
45
30
do
do 78 92
7
4
2d m. Ss 88
do
43J< 44
8. C, Ist m. Ss.
104
Northeastern,
9
lOM
'.id ni. 88..
90
do
22)4 25
Orange St Alexandria, ists, 68. 90
80
'.1.18,68..
"4
70
do
8
3d8,8s.
40
do
34
27
4tlis, 8b.
16
do
20
25
Rlchm'd & Petersb'g 1st in. 78. lUO
25
22
Poto. 6s
85
&
Fre'ksb'g
Klch.
111
110
do mort. 7s 97)4
do
Rich. St Danv. 1st consol. 68.
70)4
Southwest RR. Ga ,conv.7s,'s6 100
75
Sjuthwestern, Ga., stock
83
93
Ist
m.
Carolina
RR.
78
8.
70
7s, llWi
do
45
48
78, nonmort..
do
2J
bavannah A Char. Ist M. 78
S
20
22)4
Charleston & Savan'h 68, end S8
35
25
West Alabama 2d m.88, guar. 05
;05
101
Istm. 88
105
do
70
75
OOUPONS.
PAST
85
i5
20
«5
Tennessee State coupons
40
SO
35
South Carolina consol
2)
35
60
Virginia coupons
80
consol. coup
88
do
SO
MemniilB Cl'v rnivA-n9S
"vb
81)4
those are latest quotations
.
.
.
.
.
made
this
week.
108
80
74
.
.
D0E
60
(0
40
35
90
101
60
109
97
70
90
37
98
i)7
85
8
40
98
98)4
87
110
86
68
58
45
20
112
103
iod
101
78
101
87
86
10
35
107
U7
1
JcNB
,
.
.
THE CHRONICLK
1878. J
1,
.
NEW YORK LOCAL
Bank Slock
545
SECURITIES.
Llat.
Inaarance Stock
[Qnomions by
CUPITAL.
CoHFAitlX".
at
Meat
Mtrk'd thu» (')
are not N«v'l.
datei.S
Ami-rlc**
,4S1,700
,8S1,UOO
Am.Kichange
I.*
8
J«n.,
5« May,
J.
12
J'o
ie'
^»»
10
8
•}>,,
4
14W,
Chemlca'
CltlZODS'
City
.
Commerce
....
Continental ...
Corn Eicu'ge".
EaatKlvrr
mil Wa-d*...
Fifth
Fifth Avriine'
First
3^;^.•.•.•.•.•.•.
485,900 M.4N.
651,300 A. 40.
31,200 ir.AA.
49,800 May.
54.000 Mar.
18,000 M.4N.
Gallatin...
German Am.*.
German Exch.'
Gernianla*
Greenwich'....
Grand Central'
Grocers*
8
8
.
'78.
'78.
3
6
101>,
'78.
8
Jan., '78.
1.50().(KI0
IttW
500,000
100,000
600.000
2,050,000
100,000
400,000
...
Leather Manuf.
Manhattan'..
Mantif.ft Mer.*
Marine
.
Market
rcantlle
Merchants*. ..
Merchants' Ex.
Metropolis*.
Metropolitan ..
8.100 J. 4
410,600 .( *
,0:3,100 F.4
8,100 .1.4
T5,J00 1.4
284,600 1.4
"6
"e
6
7
50
1,''00.000
100
200,000
8
J.
J.
J.
W3'f,500 .
J
77,200 .\I.4N.
"5
4,400
59,800
1,000.000
3.000.000
S. V.ConntT..
200,000
N. Y. .V. Excb.
300,000
Ninth
750,000
No. America*..
700,000
North River*.
240,000
Oriental*
300,000
422,700
PacIBc"
..
Park
100|2,000,000
Peoples'*
25l 412JS00
fbenlx
20 1.000,000
Produce*
10(1
200,000
Bepabllc
100 1,500.000
6t. dlcUolaa... 100 1.000.000
Seventh Ward. 100 300.000
Second
100 .smi.ooo
Shoe & Leather 100 1,000.000
Sliih
.. 100
'^00,000
Bute of N. V ,1100 800.000
third
100 1,0110,000
Tradesmen's.
40,1,000,000
.
4
4
J.
A.4
O.
4
J.
87.700 .1.4 J.
78,500 F.4 A.
20.190 J. 4 J.
29.200 1.4 J.
70,900 J. 4 J.
162,600 .1.4 J.
210,900 Q-F.
510,000 .1.4 J.
117,300 1.4 J.
161,100 .1.4 J.
"!*.
May.
.May,
May,
1
.^7,)00i.I.* J.
67.400' J.* J.
6
iS«
4
i«
7
^
8
3
6
18
12
10
10
i'l
7
6
12
6
10
¥
241,100 1.4 J.
50.700 .1.4 J.
170,100 M.4.N.
4. 1.
8
886,800 .1.4 J.
664,80« .VI. 4N.
77,400 J. 4 J.
9
8
8
J.
'78.
7
Globe
Greenwich
Guaranty
Guardian
Hamilton
101
202
Jan., '78. 4
Jan., '78. 3
Jan., '78. 6
Feb., '7,-. 4
July.
May,
'77. 2t<
'77. 3>j
'7r<.
May,
Aug.
Jan.,
Jan.,
Jan.,
Jan.,
May,
Jan.,
100
2S
iVsx
Larayette(Bkn)
Lamar.
Lenox
Long Isl. (Bkn.)
LorlTlard
Mannr.4 Butld.
Manhattan
Mecb.4Trad'rB'
Mech'lcs'(Bkn)
Mercantile..
2«
94
123
80
3«
76
May
1st for the
100
'78. 3
'78. 4
'78. 5
'78. 4
do
do
bonds
Dakul a.
Morax, Broker,
40
NiV) York:
Water stock
SO
12
95
75
102
180
110
150
85
102
75
60
:oo
88
102
mortgage
Broadway (Bro«A:fyn)—stock...
Ist
—stock.
ffiinter's Pt
Isl mortgage hon-ls
Buikwlck Av. (/rtton)— stock..
Kntral PI., .\.* hf. River— tXi.
Consolidated mortgage boU'is
1>ry Uucl, K. B. iHI'itttry—tlk.
Ist mortRRge, cons'd
Slghth Ae«nu£— stock
1st mortstage
•id St. .t Grand St A«n*y-stock
mortgage
llHt
1,0IJ<1
Central CV<M» 'lown- ator.k.
...
100
mortgage
Onuton. VFeU »l.ttPav.fy-*t1i.
Istmortgage
MCond 48enu^. stock
1,000
Sd mortgatfe
Coca. ConvortUIc
Ktenitlon
*«1A Arenue- stock
Isl mortiCHge
T\lrft .4i'e ta«— stock
istmortgage
IiAsiUict/lIra Atreel—slocK
1,000
1.000
1st
—
100
500
100
5004c.
100
1,000
100
1,000
100
^^
1S11-0S.
I8&t-57.
do
Croton waterstock..lsi5-51.
..lS5-.i-«i.
do
do
Croton Aqued'ct8tock.l865.
pipes and mains...
do
reservoir bonds
lo
Central Paik bonds.. 1S5&-S7.
uo
..18S3-M.
do
imO.
Dock bonds
1-75.
do
ISW.
Floating debt stock.
1865-68.
Market stock
. . .
—
Improvement stock
do
00
1869
....lti6<.
Consolidated bonds
Street Imp. stock
var.
var.
var.
do
do
New Consolidated
Westchester County
1.000
iio
12s
116
50
96
24
87^
66
100
9«X
91W
100
115
130
108
100
106
This column shows last dividend 00 Btock*, but the date of maturity of bondt.
fl
1878-1880
I87»-1878
1880
1883-1990
1884-1911
1884-1900
1007-1911
1878-1898
5
1877-1896
6
1901
7
1886
6
1878
Feb.,May, Ang.4 Not,
6
1894-1897
May 4 Novcnbor.
7
do
1889
do
6
do
do
1879-18M)
7
1901
do
do
1888
do
do
I'1879-1882
do
do
7
January 4 Jnly.
1886
do
do
1884
do
do
do
do
May 4 November.
Feb., May Aug.4 Not.
do
(fo
do
do
May 4 November.
do
do
do
do
rQnotatlons hy N. T. B«»ks. Jr., Broker. 2H Wall
Brookltrn—ljocAX Impr'em'tCity bonds
.'unary
do
do
do
do
do
do
Water loan bonds
BrMfrebonds....
Waier loan.
city bonds
Kings Co. bond*
do
do
Park bonds
Bridg.'
A
1 1
Brooklyn bonds
[(^notations
Psira.
Ask
Bid.
100
100
101
108
loiM 102X
108
106
103
117
1S6
103
107
104
109
107
101
too
lis
106
100
117
105
108
108
117
100
101
118
ice
•A*
lOU
108H 106
108
irs
106
I1P5
1
100
107
st.1
1878-1880 101
104
1881-1895.104
113
1915-1924 lUM 119
1903
;il7»tlll9
|117^II9
1916
109
1908-1906; 108
107
1881-18951104
1880-1883 105
106
1880-18861108 106
lO.S
110
1924
1907-1910 107H 109X
flat.
by
0.
Zabbiskt».
Jersey tliy-
Water loan, long
186»-71
do
ISM-O.
Bewenc* bonds
AasesamcBt bonds. .lg!0-71.
ImproTement bonds
IMS-O,
Bergen bond*
.
4 July,
do
do
do
do
do
do
May 4 NoTember.
do
do
January * Jnly.
do
do
do
bonds
•
ne.
Feb., May Aag.4 Not.
Prtrk
I.IKM,
Ths sarpiui
Bonds
Montbs Payable.
50
Var.
100
100
CUy— slock
f
Wall Street. 1
IMTKBXBT.
Var.
1st iiiortgage
ist 'n.%"tgag,.
150,<XI0
(Qnotatlons by
CQnotatlons by H. L. Gbakt. Broker, 145 Broadway.]
Ist
25
City Secnrltles.
1.000
certificates,
New York
ift
100
250,000
300,000
250,000
.
* Over all liabilities. Including re-insarance, capital and ecrlp.
represented by scrip Is deducted, —'.shows deficiencies.
25
Va-.
100
10
FiiUonterri/slt.
1st mortgage
troadway <z Stvenlh Ace— stk..
Brooklyn
200,000
200,000
300,000
200,000
200,000
200,000
200,000
200.000
200,000
200.000
200.000
200,000
100
St.it
SrooHyn
200.0(K>
150,000
150.000
,000,000
1,000
Williamsburg
scrip
do
Metropolitan, Brooklyn
Munlrlpal ... .^^^^^^^..
SUKkeT
Itesolute
KIdgewood
1,000
People^s (Brooklyn)
do
do
500.000
350.000
200,000
50
100
100
100
V-r.
Rew York
Central of
I
50
20
50
do
bocdi
Mttaal,N. r
do
bonda
fVassau, Brooklyn
do
scrip
200,0'iO
100
St.lflcholaa.... 25
Standard
50
Star
100
Sterling
00
Stuyvesant
25
Tradesmen's.... 25
[Tnlted States.. 25
Westckeeter... 10
VTllllamsb^g C
50
l.COO
Metropolitan
do
certlUcatea
200,flOO
210.000
200,000
200.000
City 100
50
25
Pacific
25
I'ark
100
Peter Cooper... 20
People's
50
Rutgers'
25
20
Manhattan
200.000
200,000
200.000
200,000
Sateguard
Par.
4 Hoboken
Jersey City
2."iO.000
J50.(HXI
200.0<X1
New York
Keller
National banlcs, and of
[Gas Quotations by George H. Prentiss. Broker, 80 Broad street.
OXS COKPAXIIS.
1511.000
280.000
150.000
200,000
150,000
200,000
300,000
200.000
Phenli (Bklyn) 50
Produce Excb. 100
City Railroad Stocks and Bonds.
Brooklyn Gas Light Co
Citizens' Gas Co (Bklyn)
4ertlUcate8
do
Barlem
200,000
200,000
20
40
50
100
26
50
25
100
100
25
50
50
50
50
50
Niagara
North Klver....
'
Gaa and
2n<i,ooo
Merchants'
Montauk (Bkn)
Nassau (Bklyn)
National.
37)^
N.T. Equitable 35
New York Fire 100
N. y. 4 Boston 100
Kepnbllc
i The lleures It this column are of d»ie
date Marcli 16th for the ^tate anks.
aoo.wK)
200,000
200.000
150,000
500,000
200,000
3.000.000
ir 0.000
500,000
15
KlngiCo.(Bkn)
Knickerbocker
SH
May,
Jan.,
Jan.,
aoo.iHio
.lefTerson
4^
Jan.,
Jan.,
Jan.,
Jnly,
Feb.,
5<«l.(HXl
00
25
50
Importer8'4T.. 50
100
Irving
SO
47)4
3
•77. 3
'74.
'78. 5
'78.
'78. 3
'78. 4
'78. 8
•74.
'78. 3
'77. 2>i
'77. 3
'78. 5
'78. 5
'78. 3
1,0(10.000
5fl
50
50
Homnan
.Ian., '78. S\i
•Inlr, '77. 3
Jan., '78.
Jan., '78. 5
Oct , '7n. 4
May, '78. 2i<
Jau. •78. 3ii
Ian.. 'T8.
Feb., •78. 4
Jan., '77. 3
July,
July,
Jan.,
204.000
160,000
150.000
200,000
200,000
100
Hope
Howard
May,
20<1,000
100
Home
Nov.,
200,000
300,000
200.000
200.000
200,000
100
100
Hanover
SH
lS«
10
10
7
7
nil.
Oebhard
German-Amer.
Germania
3
3H
•i<Xl,0(K>
i,n<K),ooo
17
Firemen's
Firemen's Fnnd 10
Firemen's Tr .. 10
100
Franklin
5
Jan., 78.
.100,000
Fire 100
...
50
Continental.... 100
40
Kagle
KmplreClty.... 100
100
Emporium
80
bxciiange..
50
Karragttt.
.
3W
3
,
230
220
280
.'an..
F.*A.
185300 F.4 A.
Commerce
Commercial
3
Jai}., •;7.
Jan
Columbia
75
3
'78.
'74.
'78.
'77.
'78.
20
70
100
80
Cltliens'.
I95X
Sii
5
'78.
100
25
17
City
Clinton
200
Feb., •78. 6
120
Jnly, 77.
... 8
July, '78. 3
Oct., 77. 2H
Pl-,
20
50
25
Brooklyn
Jan.,
nil
267,500
100 X
J«n., '78. 3
May, '78. 6
Jan., '78. 4
.Ian., '78. 3
11'., '78.
200,000
tOOfiOO
400.000
200,000
200.000
200,000
200.000
800,000
200,000
200,000
1KI,000
800,000
210.000
250.000
100
nowory
Hrewers^4M..
Hroaiway
96
.lati.,
8
10
3
9
8
8
8
U.4N.
692300 J.
Yort<
.
12
9
IJ5«',000 J.
Nassau*
6X
J.
.J
122,800 M.4f..
191,800 « 4S.
815,400 J.* J.
2-^4,000 J. 4 J.
.14,400 .1.4 J.
600,000
3.000,000
200,000
8
i'a
.
1,000,000
14
10
7
14
Amity
Arctic
Atlantic
•78.15
Feb.,
A
.
.J.ooo.ooo
Murray Hill*..
4. 1.
4.
l,»7»,IIOO I.
124,4110 I.
1,000,000
«,000,000
500,000
600.000
1,000,000
Mechanics'
Mech. -\BBoc'n.
Mech'lcs A Tr.
Union
..,,
West Side*...
.^tna
American...
3H
300
Imp.ft Traderi
Island City'
M»y,
,25
loo
50
American Ezcb 100
i»U., '78. 8
1§« May,
7H 7 Apr,
23.000 r.'i'j!
187,100 I.& J.
Hanover
Pine straet.]
Amount
Par.
Adriatic
Sent. •K, 5
jnly. '77. 4
l«2,N0O J.'*".i. lb
ICO
3,08V.2OO Bl.m'lj 100
8
15W.SU0 J.* J.
6H
10
1,523,300 U.AN. 20
2.630,000 r.A J.
7
3
283,600 .1.* J.
10
785,((00 P.AA. 10
46.400 ).* J.
OH
l«
11.500 I.& J.
47,400 li— J.
10
10
186.900
12
1.065,100 Q-J.
12
901,700 1.4 J.
CliailisHi
7
COMPAiriBi.
Bid Ask.
List Paid.
lii.400
Cliato
New
J.* J.
M.AK.
1,2I2,MXI '.* J.
1U,H00 M. AS.
43,100 J. 4: J
:»2,700 .;.« J
Central
it',
Period 187B. 1877.
900
Bri'\vtr«'40r.»
Brou'lwty
Boll'» He«<l'...
|}utclierB',& Dr.
List.
Hailst. broker.
OAriTAL.
207,900
Ilowt-ry
K. 8.
Paioa.
Sarplus
47
Montgomery
St.,
Jeraey City.]
1896
101
10»
1899 1902 108
10»
January * Jnly.
1877-1879^ 100
lOt
do
do
1891
lOT
10s
Jan., May, July A Not.
1>'06
107W
J. 4 J. and J * D.
1900 llOS
January and Jnly.
Jannary*
July.
—
:
:
THE CHRONICLE.
546
Northern Railroad
Jtxujestwxi^txts
STATE, CITY
[Vol, XXVI.
(N. H.)
{For the year ending March 31, 1873.)
The annual report has the following
The balance of income per last report was
The earnings for the year ending March 31, 1878, are as follows
AND CORPORATION FINANCES.
Gross income
The Investors' SapPLKMENT
is published on the last Saturday
to all reifular sabscrlbers of the
Chronicle. No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular
Bubscribers. One number of the Supplement, however, is bound
month, and famished
af each
up with
The Financial Review
(Annual), and can be purchased
in that shape.
Expenses
$S8,^,4I2
57,837
State taxes
Sew
$37,012
:
$46I,C31
rails
25,650—346,891
$ii7,i.3n
Balance of interest account
55,135— 175,273
S-On 287
Paid dividends
{49!865
Balance of income account
$69,422
"The property has been kept in good condition; taxes in the
aggregate exceeding one per cent have been paid to the State
and towns dividends to the amount of five per cent have been
made to the ftockholders and a balance of $32,410 from the net
earnings of the year has iieen added to the income account. And
the affairs of the road, in other respects, have been placed in
ANNUAL REPORTS.
;
Boston Concord
& Montreal
(For the year ending March
The annual
Railroad.
;
31, 1877.)
good
report furnishes the following statistics:
EXPENBITURES OF
EARNIN08.
?rompaB8eng.ra
.
From freight
From mailj
From express
From miscellancong
,
$357,465
367,2;0
16,322
9,(K)0
4,S13
I
$6>J,-27S
BALANCE SUEET, XARC
Const uction
Cost of working: ro id
Cost of management
Miscellaneous
Oil
204,356
16,689
a3,97i
I
tS01,100
Cash
been reduced $4,205.
"
Our
rolling stock has been carefully looked
after, aad is now lu good condition.
The roadway has been
improved, and is now in a better condition than one year ago.
have laid, the past year, 84,887 sleepers, and 600 tons of new
rails have taken up, mended and returned to the track 573 tons
of rails, and have put into the roadbed, in various places, s^me
C0,000 yards of ballasting, and have generally improved the buildings, bridges and fences.
havepurchaeed one new first-class
engine, and have rebuilt sixteen freight cars. Our equipment
now consists of thirty passenger and freight engines, twenty five
:
We
;
We
passenger cars, twn drawing-room
cars,
and
five
hundred and
cars, fifteen mail
ei/jhty freight cars."
and baggage
The
old contract with the Southeastern and Passuinpsic roads
Iiag been closed, and all matters connected with these roads settled up to May 1, 1878, and new contracts with th» same roads
entered into, commencing May 1, 1878, for the term of ten years.
Since the last annual report, new contracts for the term of five
years have been made with the Concord Railroad and with the
Boston &L Lowell and Nashau & Lowell Railroads.
portion of the convertible mortgage bonds due July 1, 1875,
to the amount of $217,000, have been paid, and in ordfr to carry
these and also $116,000 of the siuk'ng fund bonds, which are the
property of the road, the notes of the company have been temporarily issued until such times as sales of the consolidated bonds
shall be sufficient to absorb the amount so outstanding. Of the
$624,000 sinking fund lionds which appear in the trial balance as
outstanding, the road holds, as before stated, $116,000, and
there are in the bands of the trustees $306,000, leaving the
amount of sinking fund bonds outstanding, and on which interest
There have been sold of the consolidated
is paid, $202,000,
mortgage bonds during the ye&r $91,000, and this amount has
been applied toward payments of the cost of the branch.
The proposed change of the diflFerent classes of stock into one
of consolidated stock has not been carried into effect, aa had been
anticipated This result is, to sjme extent, due to the reluctance of a part of the stockholders to subscribe to the agreement,
and by the inability of the officers of the road to ascertain into
whose hands a part of the old stock had passed.
A
BALANCE SHEET HARCQ
31, l!^78.
Conetrnctioc
$2,85",(XX1
oil, &c., on hand
Stock, &c,, on hind for repairs
Wood,
58,761
97,218
••
.
SCO
201,500
ln,O0O
,
Pemigewasset House
Joseph A, Dodge, superintendent
Purchase of White Mts. (N. n.) Railroad
Extinsion of Wnitc Mis. (N. H ) Railroad
Branch Railro;id to Mount Washington
Cash on hand for coupons unpaid
Cash on hand tor dividends unpaid
Ca^hand bonds on hand
'
7,00't
.',00,000
790,«01
379,000
10,073
9 414
211,571
Total
$4,t3I,a49
Or.
Stock (old. dividends, &c,)
Stock, preferred
$4li9 60(1
SOO.CCO
540,400
Stock,new
J1,^0\000
Bondsdnein 18 5
Bonds due in 1S75
Bonds due in 1889
Bonds due in 1893
$76,000
350.0')O
624,00,)
1,478,CU0
.n
Coupons due and nnpaid
Dividends auoand unpaid
Dividends dne and unpaid s'nce May
Profit and loss
a.
.
Total
JO,
.
121.541
37,708
64,7J3
1,
100
1674
Bills payaijle
Dividend, June
1,
1878
,..,
1867
$4,931,349
7.838
198,000
74,938
79074
..
Agent's department
Bi Us receivable
Con. & Claremont N. H. RR.
April
Dividends unpaid,... $£,944
1,914-
Coupons unpaid
2S,5f:0
$3,916,074
2>il,S.')5
254,445
83,91S,074
Keokuk & Des Moines Railway.
(For the year ending March Zi, 1873.)
Together with the annual report of this company cornea the
oflicera' circular, announcing the negotiation of a lease to the
Chicago Rock Island & Pacific Riilroad Company. The officers
are to be congratulated on this successful transaction, which
should place their road in a
says
much
stronger position.
The
circular
" It
is proposed to elect Mr. David Duws the Vice-President of th*^ Chicago
Pacific Railroad, as one of th^ three directors to be chosen at
said meeting (June 6, 1878), 'I'he Board of Directors. of this coiupiny have
ratified a contract for the lease of.its road, equipment audotherappurteuances
in the State of Iowa, to the Chicago Rock Island
Pacific Kiilroad Company,
for the period of forty-tive years, t r to the termination of its charter, with an
engagement to turn over to the lessees a controlling number of the tharea of
the preferred and common capital stock, to be paid for by said lessei-s ai tlie
rate of one dollar per share for the preferred stock and fifty cents per share
for the
stock, the further objec' being to make the balance of the
stock more valuable by reason of the association with said lessees. The
other terms of the lease'are main'y these; All outstanding bonfls, sciip and
past dre coupons of this company are to be retired through the Farmers'
Loan
Trust Company of New York, and a new mortgage will be made
covering all the property of the company in the 8tate of Iowa, and which will
be a first and only lien on the same when the mortgages s.'curiug the above
issues ar^ canceled The new bonds, an; oun ting in the aggregate to $2,751,000.
wil date from October 1, 1878, and bear interest at 5 per cent per annum, and
Rock Island
&
&
ommon
&
mature October 1, :;»21 Theiiiterestlobespeciflcallygnarauteedandenlorsed
upon the bond by the lessees and paid bj coupons semi-annually in this city. A
certain percentage of thegross earnings of ourroad Is to beset apart annually,
and the surplus thereof, after payment of the interest on the bjuds, will be
distributed among the stockholders, acC'irding to their res, ective rights. The
stockholders will be required to surrender for conveyance to the lessees, as
herein fir.^t stated, forty per cent of their respective holdings of preferred
stock, and sixty per cent of their respective holdings of common stock. The
contract of lease must be ratified at the annual meeting to be held according
to this notice, June 6. 1-78, by a majority of the stockholders and voting
bondholder.^, and it is extremely importsnt that all such holders - ho cannot
be present personally at said raeetinsr at Keokuk, Iowa, shoud send their
proxies without delay, and as per blank en jlosed herewith, Xi the office of this
comrany."
From the report
Prom
we
extract the following:
EAKNINOS AND EXPE.S'SES.
Freight
Passengers
Mails
Express
Trackage
Carmiicage
Interest
Operat. expen., including taxes and insurance, equal to 71 46-100 p. c.
Dr.
1870 bonds on band
Trustees of sinking fund
Bondsdue
141
46,187
Fue'
$3,0(8,400
59,422
507,330
Contingent fund
1,126
Waste
stock
Income
$30,32i
$453,171
gross earnings (or the year ending March 31, 1878, have
been $051,272. Thw jrross earnings for the year ending March
The expenses for the year have been
81, 1877, were $649,307.
$453,171. The expenses for the previous year were $457,377.
The increase of gross earnings for the present year is $4,984, and
the increase of net earnings is $9,169; and the expenses have
report says
RhIs
Shop stock
43.762—
711 shares No. RR. N.U.cost
The
1878,
Cr.
$3,C63.4C0
Contracts
Net balance.
I 31,
Dr.
Maintenance of way
$139,256
Maintenance of motive power. 78,896
I
The
position."
ROATt.
Net earnings
$.350,651
182,653
11,365
12, .'OJ
12.000
5,170
600
$576,211
429,072
$147,169
anticipations expressed in our last report, and which were
based upon the promise of the growing crops early last sumiinT,
Although the small grains
have not been fully realized.
yielded abundantly, the corn crop, our principal staple and main
leliance, was so seriously itijured by the rains and mild weather
as to be practically unfit for shelling or shipment, and resulted
in an excessive feeding of swine and cattle and a great quantity
The loss of tonnage from this source was 1 3
of damaged grain.
(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
months to an average of $45,874.
The funded debt has been increased the sum of $145,600, by
funding the coup,)ns of October 1, 1877, and April 1st, 187,S, aui
the past due coupons. The floating debt. March 31, 18T8, was
$133,868, less cash and cith items, $32,166, or a net of $101,702.
The amount paid for coupons of funded interest bonds is
$24,124.
The total amount expended for construction work, including
Des Moines bridge and station, ind for renewal of track, bridges,
fencJS, machinery, and including two new pa,33enger coaches,
two combination' passenger and baggage cars, and one mail,
The
express and baggage car, was $124,249.
Of the $452,000 of first mortgage bonds originally reserved in
,
,'
'
;
:
JUNB
1,
THE CHRONICLE.
1878]
the treasury, none have been sold daring the past year, and there
reinaiu $220,000 of said bonds, of which 1 101, 000 are pledged as
The funding
collateral security for loans auiounting to $50,500.
scheme has been assented to by about ninety per cent of the
first mortgage bonds, and It is hoped that the
remainder will not long continue to withhold thtfir approval.
holders of the
Aftels.
LiabilllUt.
Capital stock, coinmoi
do
t'J.^f''.''ffl
nufetrtd....
1,5!M,6'0
Road and (quipment
HfBcrve account, Ut
(6,467,090
$'i
l«t
mort
Fnndcd
bds.,': p.c, due 1904
int. bd>. acd »crlp,
8p. c. duo 1884
..
934,600
s',!).o',000
379,869
Bills p.ivable
bXiOO
Oatttnad's bills & pajr ro la
Other roads and ml8'*-ellaneous accounts
Coupoa», not funded
84,907
8,640
FaeiHc Mall Stcamsliip Company.
(For tJie year ending April 30, 1878.)
At the annual meeting on Wednesday, the foUoiving was the
retult of the election for directors The whole number of votes
cast was 172,406, of which Mr. David 8. Bibcock received
:
172,400;
Phillips,
89,101
roort.
bocde
220,000
22 67i
Materials and fuel on band.
Caeh at U. S. Tnift Co ,N.Y.
18,662
Cash with A»8 t Treamrfr
and Pay mnsterat Keokuk
Duo from rost-offlcc Dopaiimcnt
Other roads and miscel-
11,012
8,0)1
laneous accounts
3S,517
2,831
Columbia.
At the time of the consolidation of the Houston & Great Northern and the International Railroad Compauies, Septemb r 27,
The lines as
1873, only 385 miles of road were in operation.
now existing were completed near the close of 1876.
consented
to
fund
their
coupons.
The
In 1875 the bondholders
deferred coupons as they accrue are funded in ten year certificates
bearing 7 per cent gold interest, payable semi-annually, April
and October, and ranking in preference of all other interest. The
property was placed in the hands of a receiver April 1, 1878, at
3nd mortgage trustees.
The company have 40 locomotives, 23 pascenger, 11 baggage,
mail and express cars, and 704 freight cars.
The traffic returns for the last four years, and the net returns
the suit of the
in the iollowing table:
1874.
416
289,537
Fre'ght train miles...
PassenfftTs
Tonnage miles
...
Total ea-Dlngs
Operat'ng expenses.
Net
traffic receipts...
3' 3,823
51.1.691
127,936
9.008,230
221.941
3),il 09,691
$2t3.705
*27!>,?55
$347,366
1,033,193
47,6S4
207,799
1,03.3,811
],i£0,%9
62,462
42,668
64,149
17,4t0
8M,!I19
$;,4O-.303
7^3.339
$747,4^8
$615,963
$l,57ir,38S
.
1677.
459
93,E20
6,545.822
11.3, 7 J8
22,340.610
Passenger earnings
Freight .-'arnings
Mail »nd express
Miscellaneous
18;5.
235,703
t79 4)1
66 877
7,2;C,313
I 7,811
26,493,465
4<8,l!65
Passenger miles
Tonn.ige
$1,650,455
1,0)4,207
$591,873
;
:
Funded coupons,
Bm8payab:e
7»,
..$5,500,000
$7,848.0('O
2,!i07,OCO
2,052,000
12,307,0(0
2.7S7,62n
531,989
319,512
gold
All other liabilities
ToUl
$11,476
liabilities
Rai'road and quipment
Stocks and bonds.
Other properties and assets.
11:1
$lP,'i69,'59
:.275,745
'
274,718
75,633
56,129
and fuel
Cash and cash items
Profit and lose
M.iterial8
1,324,143
Total property and assets
$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
Tavlor. 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.
Hays, Vice-President D. S. H. Smith, Treasurer Ira H. Evans,
Secretary
Jacob Wetmore, Assistant Secretary.
GreenTille & Columbia (S. C)
{Far the year ending Dee. 31, 1S77.)
This company owns 186 miles and works the Blue Ridge road,
making 21!) miles operated. Arrangements have been made foi
the purchase of the Blue Ridge road.
The comparative earnings and expenses were as follows
;
;
;
'
Oross
f arnings
EipeDses
Net ea'uings
Per cent of expenses
1677.
1870.
$881,910
$422,357
201,295
216,279
$180,614
$176,078
52"71
t8-81
The reduction
in business was made up of a decrease of f 2,456
in pacsenger receipts, $35,088 in freights and |3.812 In other
earnings.
There were 15,797 bales less of cotton carried than
in 1876.
There is a floating debt of $585,000, part of which is indorsed
by the South Carolina Company; and the President advises that
tn effort should be made ta get some help from the bondholders,
and that they should be asked to co operate in gome plan for
adjusting the debt.
;
Charles F. Livermore, 94,401
and these gentlemen were declared to
improved and the development of its resources rendered much
when two years ago you placed it in their hands."
The following statement
sented
of
liabilities
and
assets
was pre-
:
FINANCIAL CONDITION 07 TUB PACIFIC MAIL STEAMSHIP COMPANY, APKIL 30, 1878.
LiabUUiet.
RilU payable
Unpaid
billH,
$785,000
San Frincisco
99,06.3
Panama Wailroad Company, loan
Panama Railroad Company
1,400,000
262,825
15,841
,
Coal freights
Pa8-*?ip', credits and orders
Unclaimed dlvidecds
Due steamship companies
Gillies
&
Unpaid
5,3.86
1,ii)4
13.449
41
C.>
bills.
Coal hills at
New York
Hong Kong
9?, 0,11
not charged np
McCflloch & Co., London
New York taxes, 1874 (claimed in
Isthmus d'afls
Charles Clara
William
P.
suit. Int.
and expenses)
& Co
Clyde
14,40J
7,279
85.885
5,811
17
& Co
3,273
$2,789,6.32
Asieii.
Due frrm pursers
Dae from agents
Advanced chargeB
—
United States subsidy
Colin McKenzie
Due from tteam-hip companies
.Tohu Elder & Co
Owners steamship Mikado
Due from
Due from
railroads
Bri ish Colam^ian
and Central American Mexi-
can Governments
Dibbe<fcCo
Sundry bills
Insurance
$14,083
116 087
13,995
8),333
792
8i5
9,463
2,477
73,88?
.-
G R
.
Cash
Ccal OQ hand at aget-cles, April 3^, 1878, 30,358 63-103 tons.
Outfits and supplies in store ut various agencies
120,615
8.525
1,131
9,880
6,411
264,351
S51,e0-J
977,393
$1,812,239
Notes.
Outstanding freight and passenger arnirgs earned, but not entered
up to April 30, 1378 are not included in the above statement and
are about
Bills payable have been reduced since April 30 1878
Unpaid bills at New Y. rk and San Francisco have been reduced by
about
Assets have been reduced by-
$800,000
1(H,000
63,582
45,000
Amount collected from Mexican Government
11,000
Amount ctUected from railroads
The World eays: " Mr. Henry Hart, who made up the ticket
for Pacific Mail directors which was successful yesterday, is
reported on good authority tD have promised the Panama Railroad people to make three vacancies in his board, to be filled 88
they sliould prefer. Thi offer wafl declined. The Panama Railroad Company expects to continue in harmonious business
relations with the Pacific Mail Company, but is not disposed to
grant it any indulgence now that the election of Pacific Mail
directors was managed by what they char,ge to be an abuse of
proxies. The Pacific Mail owes the Panama Company about
1300,000, 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 unmeaniag."
QHNERAL INVESTMENT NEWS.
;
;
;
8463,343
It would appear that one difficulty has been low rates
for,
while the passenger traffic hes increased by 93 per cent, and the
freight traffic by 135 per cent, the sross earnings have increased
only by 35 per cent since 1873. The operiilinif expeeses in the
meanwhile have increased by 90 per ct-n'. Tlie net revenue, on
the contrary, has decreased by 2H P^r cent. The following is the
general balance-sheet made up to December 31, 1877
Capiul stock
Funded debt
First mortgage 7i', gold
Second mortgage 8s
Convertible bonds, 88
::;heldon, 89,201
easier than
International & Great Northern (Texas.)
(For the year ending Dec. 31, 1877.)
The main line of this company extends from Longview, Texas,
to Houston and Austin, with brauches to Mineola, Huntsville and
Miles operated
Passtnger irain miles
;
James.O.
be duly elected directors for the ensuing year. Mr. Clyde, the
late President, says in his report: "The present administration
may, I think, fairly claim to have brought your company through
great embarrassments and difficulties, and they return it to you
in a condition in which, to say the least, its prospects are mucb
$6,7e9,r48
shown
;
Henry Hart, 101,801; John Kiley. 101.201; Samuel L.
William Rerasen, 03,601; WiUon O. Hunt,
101,801
John H. Mahoney, 89,201
se.'eg.ois
therefrom, are
547
&
Missouri in Nebraska.— It is proposed to issue
er cant consolidated mortgage bonds to the amount of
$14,000,000, into which tlie eight per cent bonds due in 1894 may
be exchanged, at the rat« of $1,200 in new for $1,000 of the old
bonds. The company has no bonds maturing in 1879 as erro-
Burlington
six
1
neou.'ly sta'.ed in a recent item from wliich
particulars of tlie new bouds and the terms of
we
quoted.
Full
exchange may be
obtained by addressing Mr. John N. Denison, Treasurer, Boston.
& Illinois River Railroad.—The Chicago THbunt
motion was made before Judge Drnmmond, in the case of
John B. Dumont ut. the Chicago & Illinois River Railroad Co.,
for an injunction to prevent the proposed sale of tlie road under
the first mortgage. The petition sets out that the road was
organized in 1875, and made a first mortgage to secure $1,000,000
on its property. It was subsequently leased forever to the
Chicago & Alton Railroad Company. It is charged that the
Illinois River road, in collusion with the Chicago & Alton
road, has caused its property to be advertised for sale on the Slat
inst.
The Massachusetts Mutual Life Insurance Company is the
petitioner, and the owner of a large amount of the second-mortgage bonds, and it insists that the trustee, John B. Dumont, has
no right, after filing a bill to foreclose the first mortgage, to
attempt to foreclose subsequently under the powers contained in
Ciiicago
says:
A
THE (CHRONICLE.
543
Judge Drummond grHnted the
the mortgage or trust-deed.
injunction, saying that the advertisement asked to have sold the
same property which was the subject of the litigation in the suit
pending in the Court. It was entirely inconsistent with such
fitigaiion that the trustee should have the power, under a clause
in the mortgage authorizing a sale by advertisement, to go on
and sell. A bill was pending to determine the equities between
the parties, and the trustee might foreclose the equities of some
rarties who, on final decree, ought to have their cquitiesprotected
It is expected Judge Harlan will hear the case next month.
—
Dntcbess & Columbia. Mr. John Crosby Brown, trustee, gives
notice that he is prepared to make full final distribution, of all
moneys received by him under and by virtue of the decree of
the N. Y. Supreme Court, to and- among the;holders of the first
mortgage bonds of the Dutchess & Columbia Railroad Company,
npon presentation of the said bonds, with all unpaid coupons.
—
A
Pennsylvania Railroad.— statement of the business of all
lines connected with the Pennsylvania Company east of Pittsburg
and Erie for April, 1878, as compared with the same month in
1877, shows: Increase in gross earnings of $163,101; decrease in
expenses of $133,640; increase in net earnings of $29-'),74-l. The
four months of 1878, as compared with the same period in 1877,
show: Increase in gross earnings of $261,523; decrease in expenses of $299,944; increase in net earnings of $561,467.
All lines
west of Pittsburg and Erie for the four months of 1878 show a
deficiency in meeting all liabilities of $20,824, being a gain over
the same period in 1877 of $327,839.
—
Illinois Law Affecting Mortgages.— A recent decision of the
United States Supreme Court held that the Illinois State law
giving a mortgagor twelve months and his judgment creditors
fifteen months to redeem property after a sale was a part of the
contract between the mortgagor and mortgagee, and that the
practice of the federal court in giving a deed one hundred days
after sale was wrong. Some lawyers in Chicago think that the
decision goes back for only two years, while others say that all
sales under the federal court's ruling are absolutely void.
Indianapolis Bloomiugtou & Western.— Receiver Wright's
April report
is as
Balanci', April 1
follows
—
:
UNION PACIFIC.
Sales thus far this year as follows
Acres
:
$48,887
Eeceipts
im.HZ
Total
$206,1S5
DisbareementB
Balance,
May
138,563
Line.
—This
railroad is to be sold at the
29, under foreclosure of mortgage
Benjamin G. Clark, as trustees.
Court-house in Newark, June
held by Senator Randolph and
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 indirectly, 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 oflScer 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 collector to protest promissory
notes ci time bills of exchange but this restriction shall cot
prevent savings banks from selling gold or silver received in
payment of interest or principal of cbligations owned by the bank
or from depositors in the regular course 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 such dr»fis and no
savings bank shall make or issue any certificate of deposit payable either on demand or at a fixed day, nor pay any
interest, except regular quarterly or semi-annual dividends
upon any deposits or balances, nor pay any interest or deposit or
portion of a deposit, or any check drawn upon itself by a depositor, unless the pass-book of the depositor be produced and the
proper entry made therein at the time of the transaction provided, however, that the board of trustees may by their bylaws
provide for making payments in cases of loss of pass-book or
other exceptional cases when the pasp-bo >k cannot be procurfed
without loss or serious inconvenience to the depositor, the right
to make such payment to cease, however, when so directed by
the Superintendent of the Bank Department upon his being
satisfied that such right is being improperly exercised by any
savings uank and provided, further, that payments may be
made upon the judgment or order of a court, or the power of
attorney of a depositor.
It shall be unlawful after the passage of this act for any
savings bank, directly or indirectly, to receive from any individual
or depositor deposits in excess of $3,000, but this lijiitatiou shall
not apply to deposits arising from judicial .sales or trust funds.
No person shall, alter the passage of this act, he elected trustee
of any savings bank who is not a resident of this State, and
removal from the State by any trustee hereafter elected shall
Vacate his o£9ce.
;
;
;
Av. price.
$65,028
60,018
$4-744
4-945
61,648
166,013
a6),387
6089
5189
107,900
$:45,«7
3-l,61!l
acres
1,603 049
$6,628,857
11,480
130
;
;
The
sales
GRAND RAPIDS & INDIANA.
have been as follows
:
,
January
February
1877
889 acres
"
2,471
1,166
2,180
March
April
Total
.
1,820 acres
24,381
10,880
23,S65
4,777
6,336
$67,322
15,754
*
"
6,708
13:8$15,077
,
$8,854
"
"
"
4,81*<
70,CS0
41,403
113,541
$239,742
Total number of acres disposed ot to May 1, 1878, 183,386, for
sum of $2,324,327, and an average of $12 68 per acre.
FLINT & PERE MARQUETTE.
Total number of acres of P. & P. M. Railway Land Grant sold In
January. February, March and April, 1877
Total number of acres sold In January, February, March and April,
1878
9,369
."...
Total number of acres sold from the grant, to and including
Ap
11
4,7«)
30,
1878
number
280,063
511,662
of acres in original grant
Average price obtained for the whole, $8 31 2-3 per acre.
Average number of acres for each sale, 250 3-10.
MISSOURI KANSAS & TEXAS.
The following is the number of acres sold in four months
$61,566
1
New Jersey West
Amount.
sold.
11,599
1J,134
Total land grant, in round numbers, 12,000,000 acres; amount
of agricultural lands, almost exclusively in the State of Nebraska,
8,500,000 acres number of acres sold, agricultural, 1,400,000. In
addition to other items for month of April, number of purchaser.^,
665 average acres to each, 77 51.
Total
:
'
Railroad Land Sales. The Riiilway Age gives at some length
the reports of different railroad companies of their recent land
sales, from which the following is condensed
Month.
Eastern Railroad (Mas?.) Notice is given to the holders of January
the bonds of the Portsmouth Great Falls & Conway Railroad February
Company, that on the question of the power to pay the interest March
on the bonds of the Portsmouth Grrat Falls & Conway Railroad April
Company no decision has yet been rendered; and if no decision
Total
should be reached by June 1st, the Eastern directors will repeat Total land sales of department,
their former action, and, as security for the bondholders, will set ToUlamiunt
Number of purchasers
aside a fund equal to the interest accruing June 1, 1878, and to Average af^re 8 to each
be appropriated solely to paying that interest, should the Court
decide in favor of the right of the company to pay it.
Fitcliburg. Notice is published that pursuant to vote of stockholders, the directors of this company have issued 5,000 nharea of
new stock, and offer the same to stockholders of record April 8,
1878, at par, in the proportion of one new share to eight old
The time for subscriptions to and the transfer of rights
shares.
is limited to June 1st next, and all shares and fractions remaining
unclaimed or unadjusted after that date will b' forfeited. The
new stock will participate with the original stock in dividends
after July 1, ls73.
XXVL
[Vol.
January
February
March
April
»
Total
The total number
mencement to May 1,
per acre. The sales
:
187T.
1878.
4,4:»
3,214
6,788
7,690
6,E85
8,4St
9.t»M
13,53$
22,131
38,51<
of acres sold by our company from com_^
1878, is 620,195, at an average price of $3 7^
for the same period of time averaged 18$
acres each.
Number of acres sold
Same months in 1878
ILLINOIS CENTRAL.
March and
in January, February,
Total number of acres sold by the company in
Average price obtained, about
Average number or acres to each purchaser
April, 1877.
all
2,36!
3,515
2,311,688
$10 pr. acr.
58
BUBLINQTON * MISSOURI BIVEB RAILROAD IN NEBRASKA.
"
Acres sold.
January
February
March
38.390
43,375
54,969
April
65,':56
For.
$161, ?65
Average
per acre.
$t 71
2-26,93 •>
5»
820,407
339,931
s ea
5 20
Total{4 months)
!S6,091
$1,018,700
$5 34
net sales made by this department from its organization
are 1,043,246 acres, for $6,593,079; average per acre, $6 33.
The
;
;
KANSAS PACIFIC.
1877.
1878.
Acres.
January
February
March...
Acres.
1,440
1,120
ll,86t
27.su
s9,in
7.629
21,534
April
Total
28,97S
31,724
127,37t
Many of the immigrants go beyond the railroad limits, where
they can get Government lands at the minimum price, ot 160
acres under the homestead law, instead of 80 acres, which is all
Our salee
that is allowed to a citizen within the railroad grants.
average about 160 acres to each person.
The average price obtained duiing the present year is $3 39
|
acre.
ST.
PAUL & SIOUX
CITY.
;
March,
1378.
Number
Valueof
of acres sold
Tot. since
Jan. 1. '78.
27,101
$16.5,868
sale?
$)87
Averace price per acre
$6
91
Beceiptt.
$lfio,iir
$151,076
Landftock
55,081;
25,638
Land contract notee
14,41;
7,153
Cash
General statement. Original land grant, 854,429 acres lands
receipts— cash,
average price, $6 33
sold (acres), 233,760
$625,940; interest notes, $390,494.; land stock, $467,509.
—
;
;
;
:
;
Jdnb
1,
THE (CHRONICLE.
1878.]
Land stock Issued, |2,400,OOD land stock canceled, $407,509
mock outstanding, |1,!)33,410 land contract notes on band,
number of acres of laud for sale, (!'31,663.
$390,41)4
Union Pacific
Burliniiton & Mo. RIv.
SIODX CITY & ST. PAUL.
Grand Rapids A. Ind
;
land
549
Tot. sold
;
4
;
;
TntoUlncc
Mar.,
No. of acres Kold
Value of salon
ATerago price per acre
SeceipUi—
Juu.
'78.
I,"i8.
11,43a
52,787
$7S,(M3
$6 39
$141,240
$>i iO
$76,35S
$37,130
Land bonds
ao,90i
17,431
Land contract notes
44,CO!l
18,432
Cash
acres
number
of
Original
535,000
o^rant,
Qentral Statement.
acres sold, 166,980 average price, $6 28 receipts cash, $92,450
contract notes, $70,410; land bouds, $883,643; land bonds.
account town lots, $33,9")1.
Land bonds issuHd, $3,800,000 land bonds canceled, $906,504;
land bondj outstanding, $1,893,405; land contract notis on
hand, $70,410 number of acres of land for sale, 388,019.
—
;
—
;
DENVER
1877.
1878.
*'
40
116
March
"
none
April
"
636
2,009
3,118
9,066
•8,557
acres.
791
15,7.51
Total
ATera£:e price per acre
•
$5
3.5
For three weeks only.
NORTHERN
Missouri Kansas & Texas
Flint* Pere Marquette
Northern Pacific
St. Paul & Pacific
Chicago Burl. & Qulncy (Iowa).
Jhcksuu Lansing & Sag.
Iowa Railroad Land Co
1877.
*
•>.
*
6,709
15,755
38,886
28,788
127,272
38,542
4,720
165,664
64,588
5,317
5,049
18,163
31.724
22,132
3,269
81.175
15,139
.904,132
"....
St. Paul & Slonx City
Sioux City & St. Paul
Kansas Pacific
Tutal 15 companies in 4
;
PACIFIC.
acres.
In Neb...;««,0«l
4 mos.
.
....
....
7,496
6,839
A V. price
by Co. to
Mayl.
per acre.
1,502.019
1,043,246
183,387
831,807
166.980
4 41
6 8)
18 68
600
S2C
3
8
6
4
,,,.
680,195
230,083
l,4l)8,7a«
39
57
81
75
720
618,176
319,843
114.008
882,839
JJ03
8 18
;
;
January
Febraary
mos,
1878.
.197,900
PACIFIC.
Mr. J. B. Power, Land Commissioner, furniahes the following
The rush of immigration to the lands ot the Northern Pacific road
was fairly commenced last fall, after the bountiful harvest had
80 fully demonstrated the richness of soil and its extra qualification for profitable cultivation of wheat, and it continued all
through the winter months beyond all precedent.
For the four months ending April 30, the railroad company has
sold 165,564 acres, against 81,175 in the same period of 1877, and
the United States land otfices in the same districts, through the
operation of the pre-emption and homestead laws, 074,560 acres.
This absorption of vacant lands has. been by 3,120 purchasers,
showing average holdings of some 330 acres each. Total sales to
May 1, 18^8, 1,493,736 acres average price per acre, $4 75 total
grant Duluth to Bismarck—450 miles.
LITTLB ROCK & FOUT 8 KITH.
Sold from original land grant of 1,009,396 acres in all, 166,640
acres, at an average price of $4 41 per acre.
The statement of
comparative sales is as follows
m\bs.
Railroad Leases In Connecticut.— The following law wag
passed by the Legislature of Connecticut at its Ust session
" No lease of any railroad hereafter mide shall be binding on
either of the contracting parties for a period of more tban twelve
montlia, unless the same shall be approved by the stockholders
ot 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 u.eeting of the stockholders called for that purpose, and at
least one month's notice shall be given of such meeting by
advertising twice a week for four weeks in a daily paper published in tliia state, and also by mailing a copy of the call and of
the lease to each stockholder, and said notice and call sball state
that at tbe meeting the lease will be submitted for the approval
of the stockholders."
:
:
—
;
;
St. Louis City Bonds.— The proposals for 593 bonds, $1,000
eacb, to redeem maturing bonds were opened lately at the
Mayor's office in St. Louis. Tbe principal bids were as follows:
Donaldson & Fraley, for the whole loan, 593 bonds, at $1,036 67
each ; Kohn & Co., the whole loan, 593 bonds, $1,031 46. The
Tbe bonds, ready
loan was awarded to Donaldson & Fraley.
for delivery, were received by Comptroller Adreon yesterday.
—
Steel Rails. A recent report says that for some time past
there has been activity in all the great s:eel-rolling mills in the
country. The demand for steel rails is largely in excess of what
Many of the mills were willing for the corresit was last year.
ponding period in 1877 to accept orders at from $38 to $40 per
ton, although the large corporations did not make any contracts
During tbe present season tbere has been a
at less than $41).
gradual advance, until now the large mills are refusing contracts
at $44 a ton at the works.
—
:
1877.
Januaiy
February
1578.
Acres.
Acres.
2,«0
19.4t2
9,309
5.
Soiitliern Maryland. This road will be sold at auction
The State of Maryland subscribed $163,000 to its stock.
Jute
—
Wabash. There is a great deal of discussion which really
beclouds the main points in regard to the Toledo Wabash &
Western affairs. Tbe two important questions which the public
1.
ask of the present board of directors are these
Were
Total
".3,069
39,4;1S
Average number of acres to each sale
81
the hollers of $600,000 equipment bonds, having the right to
exchange them for consolidated mortgage bonds, fairly dealt
ST. PAUL & PACIFIC, FIRST DIVISION.
with in the re. organization ? Was there any fairness in excludAcres sold for months of January, February, March and April, 1877.
15,139
"
'•
"
'
"
Acres sold for
1878.... 64.527
ing them from all benefits, whatever the legal technicalities may
Total acres sold
81 i.f;6
have permitted 1 2. Was not the whole plan of tbe Seney mortAverage price per acre
....•
$; iO
gage arranged for the purpose of giving the holders of floating
have sold in the several towns along the line of read debt a priority over bondholders? This to be accomplished by
belonging to the comcany 2,513 town lots, at an average price of paying
$300,000 per year of the Seney mortgage, which would
$68 70 a lot.
tbus be paid off long before the other bonds. It appears that the
CHICAGO BURLINGTON & QUINCT (IOWA).
Wabash complications have developed the same old familiar
Av. price
*
namely, tbe plan of giving to parties
practice in another form
Price.
Acres.
per acre.
January
1,.500
holding floating debt a priority over mortgage bondholders.
$21,980
$14 65
Febrnary
712
8,812
11 66
On Saturday last a holder of Toledo & Wabash second mortMarch
18,766
!,»50
16 00
April
27,610
1,851
H 90 gage bond?, and of Wabash & Western second mortgage bonds
served a formal notice on ex-Governor E. D. Morgan, trustee of
Total four monihs
5,817
$76,608
$14 40 the separate mortgages, to proceed to foreclose the properties
The net sales made by this deparlment from its organization under the mortgages. It was also said that Mr. Knox, of St.
are 319,343 acres for $3,841,313 average per acre, $12 03.
Louis, trustee under the Decatur & East St. Louis first mortgage,
bad been called upon by bondholders to foreclose that mortgage,
JACKSON LANSING & SAGINAW.
on account of non-payment of Interest due on the bonds.
Land Commissioner O. M. Barnes furnishes the following:
A member of tbe executive committee of the company stated
Lands patented to the company, acres
..,
550.315
that tbe provisions of the Decatur & East St. Louis mortgage
Total number or acres sold to May 1, 1878
114.007
required formal notice from one-third of tbe bondholders under
Total number of acres unsold to May 1, 1878
4:6,307
Total number of acres sold Jan., Feb., March aad April, 1877
7,499
tbe mortgage before the trustee could take any steps in foreTotal number of acres sold Jan., Feb March aud April, 18T8
5,049
Under the provisions of the Toledo &
closure proceedings.
Total rcctints for Kind and limber sales to May 1, 187i
$995.7ri
Average price per acre for land sold
$3 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 liondholders 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 erants to the Cedar Rapids &
Acre°.
were complied with. As over 87 per cent of the bondholders
Missouri River R. R. Co. (now Iowa H.R. Lind Co.). 1,160,776
under all of these mortgages had come into the funding scheme
Sold to March 31, 1878
540,348 for $-3,45J,891
of the Wabash Company, there could be no danger of the
On hand March 31, 1878
6S0,4S9
Sold in Jan., Feb., March and April, 1877
trustees, mentioned above, having occasion to take any steps in
4,924
Sold In .Ian.. Feb.. March and April, 1878
9,403
fo:e:loBure proceedings,
Iowa Falls & Sioiii City R. R. Co. grant by the Iowa
R. R. Land Co
643,503
Wabash & Erie Canal.— Judge S. B. Gookins, of Terre Haute,
Sold to March 31. 1S78
S8I,Sit3 for $1,920,9:0
receiver of the Wabash & Erie Canal, in the suit of Jonathan K.
On hsnd March 31, 1878
361,610
Bold In .I»n., Feb., March and April, If77
Gapen et al, vs. the trustees of the canal, has filed a report with
1,964
Sold in Jin., Feb., March and April, 1878
8,759
the United States Court announcing his readiness to pay to the
Average sales per settler, about
90
holders of stock a certain dividend out of the moneys in his hand,
SUMMARY.
The Court has ordered that $15,000 of this sum be
viz.: $76,292.
The following figures, condensed from the above tables, show, reserved, the remainder to be divided among the stockholders as
so far as given, ti;e number of acres sold in the first four months
follows, being 8 4-10 per cent of the principal:
of 1878 and 1877, the total sold by each company to May 1, and
Amount of stock. Dividend.
the average price generally for this year's sales
$4l8.1-.n
S3S,6«0
.las. S. King & Bona
126,1*3
10.5M
Tot. sold
J K.Gapen...
178,968
15,082
4 mos.
Av.prlcq Solomon Claypool
4 mo!.
by Co. to
9,851
786
1878.
Mayl.
1877.
per acre. Claypool & Ketcbsm
3,680
6,178
2,010
March
April
6AM
5,ai3
:
.
. .
We
—
;
,
Illinois Central
Denver PaciOc
3.515
15,762
8,328
792
J,811,668
$10 00
5 35
Total
$736.59«
$61,038
.. .
.
:
:
THE CHRONICLED
550
[Vol.
XXVI.
O O T T O N.
Frid.vy, p. M.,
May
31, 1878.
Ckop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (May 31), the total receipts have reached 18,2i0
bales, against 19,733 bales last week, 30,097 bales the previous
week, and 34,353 bales three weeks since, making the total
receipts since the 1st of September, 1877, 4,196,104 bales, against
3,905,643 bales for the same period of 1876-7, showing an increase
COAIMERCIAL EPITOME.
JPkiday Nioht.
May
The Movement op the
31, 1878.
Thursday and a heavy rain-storm the last two
days have interrupted trade, and the business of the week is
•without important feature, except the marked decline iu breadThe details of the receipts
since Sept. 1, 1877, of 290,461 bales.
stufls, details of which are given in our special report on another for this week (as per telegraph) and for the corresponding weeks
attended
was
of five previous years are as follows:
page. An auction sale of domestic cotton goods
with a good degree of success. But general trade has entered Receipts this w'k at
1875.
1874.
1876.
1877.
1878.
upon the period described as "between seasons," and no revival of
2,384
5,523
4,501
1,996
Orleans
3,561
New
activity can be expected till towards the close of July. Crop
445
328
943
838
A
close holiday
prospects are generally steady.
The recovery in the market for pork, noted in our
last,
has
Recent
Savaimah
include June at $8 90 and
August at $9 15, but held higher at the close. Lard has also
ruled rather firmer and closed at $6 73^(36 75, spot, June and
July, ^G 82i for August, and |6 7U@6 72i for all the year.
Bacon is more firmly held at 5c. for Western long and short clear
together. Cut meats have favored hoMers, except pickled rib
bellies, which have sold largely at 4j@5ic. for heavy and light
weight. Tierce beef has been taken freely for export, but the
close is quiet. Butter aud cheese have materially declined under
the large production and pressure to sell. Tallow closes rather
more steady at 7c. prime. Slearine has been active at 74c. for
prime. The following is a comparative summary of aggregate
exports of hog products from November 1 to May 25, inclusive
Galveston
continued though without
mees
Bales of
much
activity or buoyancy.
for future delivery
230,073,301
2,777,800
S7,431,n?7
8b,717.466
679.1C9,066
492,182,763
16«,'3«,293
40,961,400
Pork, Ihe
& cut meats,
Lard, lbs
Bacon
lbs. 408,074,355
Total, lbs
499
913
185
2,058
1,369
1,326
1,002
2,041
1,878
285
95
915
133
63
1,389
3,317
1,634
411
39
&c
Tennessee, &c
Indianola,
3,57
Florida
North Carolina
City Point,
week
.
.
3,109
5
11
398
309
378
7
189
1,921
3,987
2,1
2,192
121
1,38:
96
41
31
18,220
9,609
13,810
11,789
17,203
&c
Total this
2,333
2,266
6
842
3,118
Norfolk
Total since Sept. 1.14,196,104 3,905,643 4,018,014 3,408,425 3,714,006
The exports for the week ending this evening reach a total of
14,083 bales, of which 13,831 were to Great Britain, none to
France, and 863 to rest of the Continent, while the stocks as
made up this evening are now 285,303 bales. Below are the
stocks and exports for the week, and also for the corresponding
week of last season
:
Increase.
1876-77.
38,163,600
3IO.643.3i8
143,355,63)
I8VT-':8.
960
297
386
Mobile
Charleston
Port Royal, &c
Decrease.
EXTORTED TO—
Week
endiiiK
Great
31. Britain.
Of
in tobacco has been comparatively small.
the sales are only 400 hhds., of wi ich 300 for export
The movement
May
Kentucky,
and 100 lor home coneumption. Prices are barely sieady lugs, N. Orl'us
24@4ic., and leaf 5i(al3c. Of seedleaf.the sales for the week Mobile
are only 607 cases, as follows- 200 cases 1876 crop. New England, Charl'fn
ll@35c; 150 cases 1876 crop, Pennsylvania, p. t.; 190 cases 1877 Savau'h.
crop, Pennsylvania, p. t.; 247 cases 1376 crop, Ohio, Tic, 10c. and Galv't'uhe movement in N. York.
p. t., and 90 cases 1877 crop, Ohio, lie
Spanish tobacco was about as usual, covering 500 bales Havana Norfolkin the range of 80c.@|l 10.
Other*..
Continent.
France.
S.imo
this
Week
1877.
1S9
7,727
;
Total
Week.
7,916
23,128
1,273
830
70
.
1,273
I
918
918
2,681
2,681
1877.
1878.
80,281 130,633
7,389 19,606
4,420
6,238
5,901
5,481
fll,514 25,563
10,119 145,829 185,281
6,933
4,971
1,643 25,000 34,000
673
1,895
1,22;
in Brazil coffee has latterly been quite limited,
this
Tot.
tone
though
the
noted,
iu
prices
can
be
changes
important
yet no
35,790 285,303 413,737
862
14,683
13.821
week
Fair to prime carfjoes of Itio are quoted at
is only barely steady.
bags.
29.
inst.,
on
the
50,130
Stock
here
h
gold.
16i@17ic.,
Tot.since
Mild grades have sold fairly and at steady figures. Late sales
Sept. 1. 2045,05li481,975i602,374 3190,000 !83fi,779
include 9,200 mats Java, 5,173 bags Maracaibo, 7,157 bags
• Tlie exports tlils week under the head oJ -other p>-ta" mclnile. trnm Baltl
Continent from Boston, 5.0 bales to
Lagusyra, 273 bags Costa Hica, 313 bags Savanilla, 230 bags Si. more, 10 bales 'o LlTerpool and fns bales toLiverpool.
from Plillaleipiila, t92 bales to
Liverpool
Domingo, 731 bags African, iu lots for consumption within our
t By iictHal fount.
,
range.
In addition to above exports, our telegrams to-niglit also give
Kice has a sU ady jobbing sale at late prices. Foreign molasses us the following amounts of cotton on shipboard, not cleared, at
is rather weak, owing to increased arrivals Cuba 5C-te6t refining,
add also similar figures for New York,
the ports named.
New Orli-ans is steady, witii fa r jobbing pales, at 37@48c., which are prepared for our special use by Messrs. Carey, Yale &
35c.
the latter price for choice. Refined sugars are in moderate sale Lambert, 60 Beaver street
and about steady standard crushed, 9|e. Riw grades have
On Shipboard, not cleared— for
shown weakness the importations are liberal, with a considerLeaving
May 31, ATOther CoastLiverStock.
able portion direct to refiners, thus restricting a demand from
Total.
France. Foreign wise.
pool.
that source fair to good refining Cuba quoted at 7i@7ic.
The business
:
;
;
.
,
We
;
;
;
;
Stcct May
1,
1678
Receipts since May 1, 1878
Sales tince May 1. 1878
Stock May 1. lo7S
Hhds.
Boxes.
Bags.
29,05J
76,336
6S,794
19,595
64,612
12,941
4,54S
4,804
12,686
14,007
33,114
142,883
62,775
113,222
174,874
Melado.
Now Orleans
271
8,935
2,451
Mobile
Savannah
7J5
988
Stock May 31. 1877
Ocean freights, both berth and charter-room. Lave been quite
at times rates were slightly irregular, but in the main
active
eatisfactory figures have been current. Late engagements and
Grain to Liverpool, by steam, 8d. per bushel
charters include
New York
Total
;
:
None.
4,601
6,679
141,008
4,839
43.906
206,977
9,250
None.
None.
None.
None.
1.750
2,500
None.
None.
None.
2,208
800
25,859
9,250
3,938
1,300
239
4,18£>
the foregoing statement it will be seen that, compared
with the corresiK)ndiug week of last season, there is an decrease
to-night
in the exports this week of 31,107 bales, while the stocks
The
are 128,434 bales teas than they were at this time a year ago.
following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to May 24. the latest mail dates:
From
;
flour, 3s. 9d. per
cotton, Jd. per lb.; provisions, 30S40s. per ton
bbl.; grain to London, by steam, 9d.; flour, 2s. 6d ; baron, 359.;
grain, by sail, 8d.; flour, 3s.; grain to Bristol, by steam, 8|@9d.;flour,
by sail, 2s 4d.; grain to Glasgow, by steam, 8id.; flour, S:'.; cheese,
408.; grain to Antwerp, by steam, 9d.; do. to Hull, by steam, 91d.;
do. to Cork for orders, 5s. 9d.@5s. lO^d. per qr.; do. to direct Irish
do. to Bristol Channel,
port, 5s. 4d.; do. to Copenhagen, 53. 9d
58. 6d.@3s.7d.; do. to Bayonne, 6a. 3d.; residuum to direct port in
United Kingdom, 43. 3d refined petroleum to the Baltic, 4s. l^d ;
do. to London, 3s. 9d ; do. to Bremen, 3s. 4id.@3». 6d.; do. from
Philadelphia to .\ntwerp or Bremen, 3s. 6f I. To-day, business
was of very lair proportions and rates generally steady ; corn
Grain to Liverpool, by steam, 8@Mid. do. to London, by
firm.
steam, 9Jd.; do., by sail, 8d.; do. to Glasgow, by steam, 9d.; do.
to Copenhagen, 6s. Hd. per qr.; do. to the Bristol Channel, 5<. 6d.
@63.7Jd.; do. to Rotterdam, 5?. 7id.; refined petro'eum to the
Baltic, 4s. 7id.@48. 9d.; do. to Antwerp, 3'. 8id.
In naval stores a somewhat better busines.i has befu noted,
mostly on export account. Rosins are now quoted quite firmly at
$1 45@$1 52i for common to good strained, and spirits turpentine at 29ie. bid and 30". asked. Petroleum also has shown
more activity at improved prices: crude, in bulk, 7i(a7ic. ; refined,
in bbla., at Hie. bid, for prompt deliveries. S:eel rails are very
firm, with the production well sold ahead quoed here at |44
Bales of 10,000 tons for California consumption, fall delivery, on
private terms. Icgot copper was again quiet, but about steady
at 16J@16ic. for Lake. Whiskey nominal at |1 0*, tax paid.
;
;
;
;
;
Galveston
50,500
29,750
3,200
1,300
4,835
4,821
16,250
2,400
None.
4,596
2,013
;
EXPORTED SINCE
RECEIPTS SINCE
POKTS.
SEPT.
1.
1164,786
I
TO—
Stock.
Total.
765,401 313,829 299,074 1378,301 83,164
8,377
26,146| 31,566 161,347
5,276
70,355.103,584 303,397
6,465
36,351 138,748 351.346
10,999
180,515 26,971 11,291 218,7
5,463 36,092 344,195 149,808
302,635
354,889| 103,635
465,8671 129,458
460,869' 176,247
497,658
119,496
20,301
127.434
.541,490
137,118
35,007
154,684
184,218
1,780
1,075
19,890
2,929
18,338
56,6
158,688
202,580
1,096
«,38T
23,000
.'2031,830 481,975 661,512|3175,317 294,572
This yr. 4177,884
Last yr.
• Unuer
SEPT. 1
Other
Britain. Fiance. Foreign
Great
1876.
1877.
N.Oilns 1353,525
407,443
Mobile
455,175
Chiu'u
581.442
Sav'h
437,100
Galv.*
N. York 139,935
1-1,199
Florida
N. Cur. 110,313
Norfk* 404,199
Other.. 154,323
~
3895.974 1977,19
tlie head of
r!„li'eii.,m l» incluied
426,183 397.616 2800,980 4.^3.249
cnarlt,ton Is Intluded Port Koyil.&o.; under the head of
Indianola, Ac; u ider the head of ^'orJoU: Is 1 clu .ed cHr
with the total
"'riiese mail returns do not correspond precisely
it is alwaya
of the telegraphic figures, because in preparing them
ports.
necessarv to incorporate every correction made at the
«
.
JONF.
1,
:
1
THE CHRONICLE.
1878.J
week a Inrgrr business tliiin
yesterday was a close holiday.
The <Ieiiiiind liius been mainly for home consumption, owinjj no
doubt to the concentration of stocks at this jMjint, and also to
some extent, probably, to efforts to make this market more attracNearly one-half of the cotton
tive to buyers of s])ot cotton.
remaining in this country is now in our warehouses, and most of
the remainder is at New Orleans. There was an'advance of l-lOc.
on Tuesday, and to-day there was an irregular advance as follow.s:
Ordinary a<lvanced 7- 10c. strict ordinary, gooil ordinary, strict good
ordinary and low middling advanced ii-lCc. Other grades l-16c.
Midiiling stained advanced |c. .low middling Jc. ,stri<;t good ordinary
The market was officially reported quiet, but
.Jc., good ordinary |c.
it was i>rivately asserted that 3.000 bales were sold for the Continent.
For future delivery, t\u: market opene<l quite buoyantly
for the next as well as this crop, and in the course of Saturday
and Monilay an advance of 7 to 1 1 ])oints was established. It was
notable that the least Improvement was in July and August, when
The
stocks may be naturally expected to be at the lowe.st point.
favorable crop rejxjrts liad 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 suq)lus.
Foreign advices
have been pretty generally favorable, yet Tuesday was weak and
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@11
points.
were, however, already too much above the parity
of that market to fully respond to the improvement there, and
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 315,400
free on board.
For immediate delivery the
bales, including
548 for
total sales foot up this week 7,741 bales, including
Of
export, 5,934 for consumption, and 1.259 for speculation.
the above, 53 bales were* to arrive. Tlie following tables show
the official quotations and sales for each day of the past week:
Thoro
Iium bot-ii diirinjf
past
tlie
usunl in cottDn on the spot,
We
—
May 25
May 31.
Satiirdav,
to Friday,
UPLANDS. ALAB.\MA.
Ordiuarv
^ lb. 8ifl
Ordinary
914
Good Ordinary. .. 9%
Strict UoodOrd... L0>4
Strict
Ia)w
Ws
Strict Low.Mul....
MidiUini.'
.
..
Ills
GoodMiiliilinsr.... III3
Strict lii.od.Mid... lll--!l8
.
Middlms; Fair
Fair
^
lOH
9%
IOI4
1058
1078
Ills
III3
1058
1078
lO-'s
10%
10%
11
III4
1158
1115,0
127jo
11
III4
11=8
1078
11% Ills
III3
Ills
1113,0 1113,8
125,8 125,8
12l.H,« 1213,„
125,8 125,0
1213,8 121.!,
8»18
S'la
95,0
B).
8ti-ict Oi-(]lnai-y ..
858
938
978
1038
978
1038
858
933
978
1038
10%
10%
858
9%
11
III4
1158
}Ji°i« 1113,0
89,8
93,8
!>"18
811.0
•'10
8»19
9»,8
811,8
Or.lin.iiT
01*18 913,8 913,8 913,8 9i4,e
Strict (ioiid Oi-d... 105j8 105,8 105,8 105,8 107,8
LowMid.... 1013,8 1013,8 1015,6
113i6 113,„ 113,8
GoodMiddlini;.. . 11»18 119,8 11»,8
Strict Good Mid... 117,
1178
1178
Mid<llinK Fiiir
1238
1238
1238
Fair.....
1278
1278
1278
Ordinary
;
^V).
Strict Ordinary...
9
Good Ordinar.v
Strict GondOrd...
10
i
Miilillinir
X
iUnn\ .Middling
(ioodMid.
Middling Fair
9
9I3
10
10>a
1078
lOig
1078
i
lUlB
1114
1158
1158
.
127,8
127i8
12lJ,„
1
Fair
121^,8'
1058
1058
11
113,8
1138
11%
11%
121,8
121,0!
l><'l«
131,8
STATXED.
Mon Tnes Wed
Sat.
Good
Ordiiiar.v
Strict
Good Ordinary
^
8»,8
B>.
9-', 8
Ix>w Middling
MiddliiiK
911,8
105,8 10°18
MARKET AND
SPOT MARKET
CLOSED.
I
Sat.. Steady
Moil..
Tups..
higher
9%
9%
938
Holi-
9%
day.
1038
1038
port., sump ul't'u
1,073
ratio
Fri. .'Quiet
200,1,560
14
Total.
f>48 .5,931 1,2.')9
Total.
1,0«9
1,298
n
Da
9
9I2
10
103,
2,010
y-IIol
1,780
Sales.
Deliveries.
36.000
49,800
49,700
32,500
Idav
47,400
200
900
900
500
•,7411215,100
2,500
For forward delivery, the sales (including
iree on board)
have reached during the week 215,400 bales (all middling or on
the basi-" of middlinj^), aud the following is a statement of the
sales
and
prices:
For JuD'.
For May.
B»1e«.
Ualc.
ct..
200 <D.28lh 11-30
200
1; SS
100.
100.
»0<'
100
100
500
100
VM
8,100
..
BOO.;
U-M
BOO
SOO
noo
ll-ai
11-S7
1.500
1.400
u-40
1,700
2,400
10<)8.n.Ht.
3,800
1,800
U-M
,,-4l
1142
11-43
500
1*00„
Ct«
11-83
11-33
ll-»l
11-33
11-3B
raie«.
1,700
.SOO
200
BOO
500
100
ll-.fr
ii-as
11 8»
11-40
11-41
11-41
11-42
11-43
rn. p»'M
rt<
I
11-4*
6,400
11-45! B,400.
11-40
7.100
11-47 10.100
lr4S 8.:»l
11-40
1,400
1.500
1
20,000
For,IalT.
....
..
11-40
11-47
11-4S
11-40
11-50
11-51
800
nm
11-53
1,000
11-M
000
11-55
1,200-
1150
1,»)0
1.000
1.200
U-43
4,700.
U-49 Ul'.SOO
11-43
000
.
1.700.
4.W)0..
10.800..
5.000..
7,400..
U.UOO
.
100
11-44.
..
«,ll»..
5.400..
3,400..
500..
1,»00.
200..
2,200
11-47
11-48
11-49
11-50
11-51
11-52
000
aoo
200
600
100
SOO
.
1,200.
ll-!>8
200
11-59
11-80
1,000
1,700
!1-S7
7,800
...imn
100
ForS( ptember.
HOB
4.900
ll-w
11-11
11 12
i;-i3
11-14
11-15
11-18
.
2.600.
5,700..
2,100.
7.100..
4.S00..
4.900..
3 800...
11-
1..100...
1,100..
600
100
800
700
.10-95
1090
109H
KX)
...
....10-79
....10-80
....l(r«3
....10-84
11-00
11-09
SIX)
(V)o
irio
100
11'
For April.
...ll-O.'!
500.... ....10-89
200 ... ...ilOOO
11-04
For Ja
100
100
100
-
200
luary.
.. 10-91
... 10-92
....10-94
11*15
...
1,200
ll'lfl
1<X>
11*18
SiX)
11*91)
400..
6,0)0
....10-77
.. 10-79
....10-80
13
1^500
*)0
1,700.... ....I0-.S8
100
10-S8
i.hy).
For Nov ember.
200
200
10-70
....11-00
....11-01
....11-02
10,500
U-20
For March.
800.
....
800..
11-21
11-22
COJ
300
10-97
200
200
300
11 IS
11 19
lO'lM
For Decembr^r.
1091
...
1,200
-.7
11-00
11-03
200.
10-93
.SOO
500
too
800
BOO
700
200
'0-91
800.""
10-87
10 H9
10-90
10-91
..
BOO
10-88
10-89
...:o-90
.?!S.::::
10-98
For FebrtMrr.
10 87
For Oclo))«r.
1155
11-50
11-57
100
...lo-*)
.. 10 8B
10-80
100.
«),900
800..
100..
1,100..
1.900..
.
000
48,200
ll.'il
.
.
..
cu
Balei.
...loxa
.
800.
ll- H
11-2!)
.,
cu.
losi
5in>. ...
11-W
.
.
11*21
.
2fiy)
The following exchanges have been made during the week:
-04p(lto exch 100 July for Aug.
The following
|
01 pd t')cxch 100 June, reg., for >.n. Ut.
show the
will
closing prices bid for future
and the tone of the market at three o'clock P. M., on
the several dates named:
JIIDDLISO UPLANDS—AMEIilCAX CLASSIFICATION.
delivery,
Fri.
Market- Hisber.
May
11-30
11-32
11-42
June
July
August
September
11-4.")
October
Xovenibcr
10-86
11-00
10-76
10-76
10-85
10-92
December
January
Fi-liniary
1100
March
April
11-10
Transfer orders
1 1 -35
Closed—
Steady.
Gold
E.xchango
101
4-8314
Mon.
Sat.
Higlicr. Higher.
11-36
11-38
11-49
11-53
11-16
10-94
10-83
10-83
10-90
10-97
11-06
11-16
11-10
Firm.
10078
4-83
11-41
11-43
11-49
11-53
11-18
10-98
Wed.
Toes.
Tliura
Fri.
Lower. Irreg. Closed High'r.
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
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
10-87
10-87
10-95
11-02
11-10
11-20
11-45
Steady. Didl.
.IOII4
101
101%
4-8214 4-81ia
4-81>3
1
11-53
11 -.59
11-63
11-33
11-06
10-94
10-93
11-00
11-07
1116
11-26
11-55
Dull.
Stead.v.
lom
4-82
The Visible Supply of Cotton, as made up by cable and
telegraj)]!, is as follows.
The Continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening: hence, to make the totals
the complete figures for to-night (May 3U, we add the item of
exports from the United States, including in it the exports of
Friday only:
1878.
1877.
1870.
1875.
Stock at Liverpool
866,000 1,155,000 1,051,000
970,000
Stock at Loudon
12,000
49,500
57,500
10-2,000
nt Mai-scilles
Stock at Barcelona
Stock at Hamburg
Stock at
Stock at
Stock at
Stock at
Stock at
Bremen
Aui.itcrdam
Rotterdam
Aiitweri>
other continental pts.
Total continental ports
878,000 1,204,500 l,108,.5O0 1,072,000
233,000 223,250
133,750
156,250
6.500
14.000
8,000
9,000
46,000
61,000
89.750
85,750
7,500
15,000
14,2,50
14,250
44,500
72,750
54.7.50
42,250
60,750
62,750
58,250
43,000
12,000
11,750
17.250
10,000
6,.500
6,750
18,750
4,500
20,000
17,000
23,250
14,000
436,750
484,250
468,000
379,000
Total Euroi)ean stocks.. .. 1,314,750 1,688,7.50 i,576„500 1,451,000
India cotton afloat for Em-ope. 192,000
360,000
368,000
586,000
Aiuer'n cotton afloat for Eur'pe 227,000
220,000
227,000
279,000
Ki;yi>t,Brazil.Ac..a(lt forE'r'pe
19.000
29,000
32,000
68,000
Stock iu Unitt'd States ports .
285,303
413,737
392,448
288,161
Slock in U. S. interior port.t..
23,912
54,806
39,289
35,859
United States exports to-day.
6,000
7,000
1,000
2,000
Total visil)Ie supply. bales.2,062,965 2,763,776 2,650,754 2,710,020
Of the above, the totals of American and other descriptions ai-o as
follows
—
America}!
Liverpool stock
Contmental stocks
American
1,.564
ii25
402
Deco
I
sit.
327
201
138]1,3.80
Tliurs'
Frt.
SALES.
I
....
Wed.. Finn
8-'>8
SALKS OF SroT AND THANSIT.
Ex- Con- .SjMlC- TranlOol 062
110,1,2.53
Firm
1-iiiii,
Th.
858
8»i«
95,6
000
HOO
SI ot-k
913
958
lOis
'c
11-25
11-20
11-27
..
.
Totid Great Britain stock
Stock at H.avi-e
Fri.
i
Ba'c«.
ll-«
700
121.3
91s
959
lOis
11
•a
1
<;t«.
11-2:1
1,100
3,:iO0
.
llil'/o
13
Th. Frt. Th.
Frl.
9I3
Low Middling
Strict Low Mid....
Strict
Th.
Frt.
811,8
113,8
119,8 llll,8 ll.i,8
1178
1238
1212
1212
12'a
1278
13
13
13
Miiiaiiiit'
Tb.
811,6
97,8
9li,o
107,0 107,0
101.^,6 1013,0
1011,8 lOiiio 1011,8 1011,8
Miilillinff
Stri<-.t
1115,8
12li,„
Good
Low
11
III4
1158
Wed Xnea Wed Tnes Wed Tnes Wed
Taea
Ordinary
9%
lOH
858
938
978
1038
9 '4
9%
105b
Mi.ldlin:.'
8I2
914
8>a
8>a
914
. .
ORLE'NS TEXAS.
Sat. IHon Sat. non-
N.
mon
raon Sat.
Sat.
Fur AUgUAt.
n.iic
aitliini^^li
;
-).)i
atloat to
Europe....
United Slate..; stock
United States interior stocks..
United States exports to-day..
668,000
373,000
227,000
285,303
23,912
1,000
743,000
401,000
2'27,<X)0
413,737
39.289
0,000
626,000
335,000
220,000
392,.i48
54.806
7.000
585,000
197,000
279,000
288.161
35,859
2,000
Total American
bales.1,578,215 1,830,0-26 1,635.254 1,387.020
East iHiHan, llrazil, rfSc.—
Livcriwol stock...
198,000 412,000
425,000
385,000
London stock
12.000
49„500
57,500
102,000
Contiuental stocks
63.7.50
133,000
182,000
83,250
India afloat for Euroiic
360,000 368,000 586,000
192,000
Ksypt, Brazil, &c., afloat
32.(K)0
68.000
29,000
19,000
Total Ea.st India,
Total American
Tot!»l visible
Pi-ice
Mid.
Ujil.,
&c
supply
Liverpool....
484,750 933.7.50 1,015,500 1,323,000
1,578,215 1,830,026 1,035,254 l,:s87,020
2,062,065 2,703,776 2,650,754 2,713,020
63,gd.
S'sd.
Od.
7l3,8d.
I!^~ The very large decrease in the American afloat last week
and again this week is to us surprising.
give the figures aa
cabled to us, but will hare to wait for the mail reports to explain
Wo
them.
These figures indicate a defrease in the cotton in sight to-night
of 700,811 bales as compared with the same date of 1877, a
decreate of 537,789 bales as-compared with the corresponding date
of 1876, and a decrease of 647, 05S bales as compared with 1875.
At the Interior Ponxs the movement—that is the receipts
and shipments for the week, and stocks to-night, and for tha
—
..
THE CHRONICLE.
552
corresponding
statement:
week
of 1877
—is set out in detail
Week en<ling May
Receipts Sliipm'ts
Augusta, Ga
Columbus, Ga
31, '78.
Stock.
in the following
Week ending June
Receipts Sliipm'ts Stock.
1,622
Macon, Ga
Montgomery, Ala
Selma, Ala
740
82
21
605
204
Merapliie, Tenn..
2,126
3,619
4,901
1,347
*1,495
2,278
1,699
11,400
MashviUe.Teun..
204
438
792
40
683
45
Total, old ports.
3,982
8,380
23,912
Dallas, Texas
Jefferson, Tex.
Slireveport, La
Vicksburg, Miss.t
Columbus, Miss.
20
75
422
350
19
155
4
127
519
260
30
218
597
443
37
362
31
200
201
300
182
565
374
1,109
1,674
113
141
986
398
1,075
4,439
1,898
5,368
4,932
5,216
2,458
7,405
10,347
15,113
3,609
11,447
18.727
39.025
4,708
t Estimated.
231
405
1,812
233
1, '77.
213
33
5.175
4,289
2,556
2,045
1,476
451
79
97
102
23
62
692
129
21,497
3,035
1,099
7,698
39,289
60
160
213
201
121
811
235
7
851
1.020
1,296
214
125
43
1,788
4,572
1,973
10,295
10,855
8,233
28,497
15,931
67,786
5,364
I
.
.
Eufaula, Ala
Ga
Atlanta;, Ga
Borne, Ga
Griffin,
CUarlotte, N. C...
St. Louis, Mo
Cincinnati, O
Total,
new
p'rts
Total, all
* Actual count.
The above
85
13
215
699
136
20
3
351
10
39
272
I
896
286
show
during the week
that the old interior stocks have
decreased
4,398 bales, and are to-night 15,377
bales less than at the same period last year.
1 lie
receipts at the
same towns have been 2,883 bales more than the same week last
year.
totals
Receipts fbom the Plantations.
—Referring to our
in a previous issue for an explanation of this table,
the figures down one week later, closing to-night:
BECBIPTS FROU PLANTATIONS.
remarks
we now
bring
Week
endingMar. 2.
"
9.
" 16
Stock at Inter'r Ports] Rec'ptefromPlanfne
Receipts at the Porte.
1876.
i67r.
1ST8,
1876.
1876.
1877.
1878.
88,215
68,615
94,349
1»5,596 ir3.178 210,935
1877.
S3.248
68,315
78,699
78,380
60,742
90,947
194.465 161,291 192,485
77,249
46,855
72,477
65,441
44,537
62,261
177,351 165,747 169,636
48,32;
40,993
59,435
1878.
"
83.
62,933
32,366
75,723
163,28C|158,0« 146,653
48,862
S4 660
52,740
"
30
59,912
30,.397
t5,470
145,00l[l51,199 131,795
41,633
23,555
50,618
April
"
"
'•
May
•'
5.
55,804
26,287
59,886
132.495 140,619 119,991
43,295/ 15,737
48,083
13.
41,6-20
21,183
51,391
130,1M
39,289
13,897
40,033
1
133,8ftS 108,6.33
19.
30,9J0
18,010
39,016
127,296 128.411
95,979
28,052
13,058
26,862
26.
59,858
26,641
38,336
120,826 117,074
89,142
23,383
15,304
32,019
3.
26,00-2
16,560
31,196
115,076 107,534' 75,550
20,232
7,020
17,604
26,411
lr,309
24, -25;
106,301
97,696
65,770
17,686
7,471
14,472
17.
19,995
16,288
20,097
99,966
86,376
66,433
13,650
4,968
10,760
24.
16,330
12,147
19,732
93,916
79,009
46,305
9,330
4 7;0
9.604
"
31.
13,810
9,669
18,220
87,711
67,786
39,035
613,361 130,751
711,399
Total.
8,t05
10,940
,502,809 286.613 32:3,739
(
This statement shows us that although the receipts at the ports
the past week were 18,830 bales, the actual from plantations
were only 10,040 bales, the balance being drawn from stocks at
the interior ports. Last year the receipts from the plantations
bales, and for 1876 they were 8,005
for the same week were
bales.
—
We.vther Reports by Telegraph. Our reports this week
At the points where excessive rain
are everywhere favorable.
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
coflon is very forward and first bales are expected early in July.
Oaivestoii, Texas.
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
The crop is developing proiaisingly, the best for twenty
88.
Blooms and bolls are aljundant. Corn, wheat and fruit
years.
The rainfall during the month of May has been
are excellent.
three and ninety hundredths inches.
Indianola, I'exas. 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 probably have a few bales of new cotton the first week in July.
— We
—
Average thermometer, 79; highest 86, and lowest 68. We have
had a rainfall during the month of three inches and eighty-three
hundredths.
—
We
and thirty hundredths.
—
Vicksburg, Mississippi.
The thermometer has averaged 78, the
highest point touched during the week having been 93, 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 Rock, Arkaiuas.
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.
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, tlie highest being 84 and the
lowest 64.
Memphis, Tennessee. It 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 eleariiig the fields of weeds, and the crop is developing
promisingly.
There is less cotton and more corn planted this
year than last.
Average thermometer 76, highest 91, and
lowest 63.
Our last week's telegram should have read- rain on three days,
with a rainfall of one inch and forty-six hundredths. Thermometer highest 86, lowest 63, and average 77.
Mobile, Alabama.
have had a heavy rain on one day
during the week, but the remaining six days have been pleasant.
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.
—
—
We
—
—
—We
—
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 plea.sant and warm. The thermometer has averaged 78, the
highest point touched having been 94, and the lowest 66. The
crop is developing promisingly.
belma, Akdiama. It has rained during the week on two days.
The thermometer has averaged 78. The crop is developing prom-
—
isingly.
10.
"
"
— We
Madison, Florida.
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 73 and 96. The
weather and crop prospects continue very favorable.
Columbus, Ocorgia. 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.
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 fc3.
Augusta, Georgia. The weather during the weefi has been
pleasant.
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-
—
—
— We
We
—
—
est 69.
The following statement we have
showing the height of the
May
30.
parison
We
give last
also received by telegraph,
rivers at the points named at 3 o'clock
year's figures (May 31, 1877,) for com-
:
May 30,
'78.
Feet. Inch.
— We
Corsicana, Texas.
have had a rainfall during the week
(rain on one day, hard) of one inch and forty-seven hundredths.
are having too much rain. No serious damage has been done,
New
We
Nashville
Slireveport
but dry weather
Vicksburg
is wanted.
Average thermometer, 77; highest
and lowest 61. The rainfall for May is five and seventy-five
hundredths inches.
DaUas, Texas. Rain has fallen on one day to a depth of
ninety-five hundredths of an inch.
All crops are prosperous.
Average thermometer, 76 liigliest 90, and lowest 60. The rainfall during the past month has been four inches.
BrenlMin, Texas. We have had a splendid rain this week on
two days, just as needed. Crops are the best ever known. The
thermometer has averaged 83, the extremes being 74 and 91.
The rainfall during the week has been two inches, and during the
month three inches and thirty-six nundredths.
New Orleans, Louisiatui. It has rained on one day of the week,
with a rainfall of ninety hundredths of an inch. Average thermometer 79. The rainfall for the month of May is ten inches and
91,
—
XXVI,
Slireveport, Louisiana.
The prospects for heavy crops continue favorable.
During the early part of the week the crop was
severely threatened by the heavy rain, which greatly retarded
cultivation.
A few daj-s more of dry weather will place crops
beyond present danger of grass. The thermometer has ranged
from 90 to 66, averaging 78.
have had a rainfall of one inch
—
••
[Vol.
Orleans
Memphis
Below high-water mark
4
Above low-water mark... 25
Above low-water mark...
5
Above low-water mark... 20
Above low-water mark... 38
. .
2
9
6
4
May
31, '77.
Feet. Inch.
8
3
21
3
21
11
4
40
10
New
Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 10, 1874, which is 6-lOths of a foot abov»
1871, or 10 feet above low-water mark at that point.
;
—
—
twenty-five hundredths.
A
COMPARATtVE PORT RECEIPTS AND DAILT CUOP MOVEMENT.
comparison of the port movement by weeks is not accurate,
weeks in different years do not end on the same day of the
month.
We have consequently added to our other standing
tables a daily and monthly statement, that the reader may coafltantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week ending to-night.
as the
I
—
..
Junk
.
:
1878.
1,
THE CHIIONICLR
|
rORT KKCKIITS KHOM
Now
D'ys
bilu.
nult.
lestoii.
3,118
month
eacli
Year
Monthly
Keeelpts.
1877.
Scpt'mb'r
October.
NoTenib'r
Decemb'r
January
.
February.
Mareli .
.
April
.. ..
May
98,491
578,533
822,403
900,119
689,610
472,054
340,525
197,965
96,314
ton.
1,634
9G0
The mo vement
iiihiK-
3,317
3,.561
Thiir
folk.
297
TofI
Wed
Nor-
41
Fri..
Tues
OalvcHt'n.
303
025
611
480
503
290
569
200
178
559
1,'-'19
Wil-
197
200
203
333
382
103
37
37
85
37
60
8.-J0
Moil
TO FRIDAT MAT 31,
'78,
442
302
416
633
991
533
283
412
44
142
42
37
Sat..
MAV 25
Clinr- Siivau-
Mi)-
Or-
we'k leans.
SATIIRI>.\Y,
1876.
All
others.
150
80
111
810
831
671
8
1,353
24
9
373
913
3.058
4,072
2,800
3,192
2,553
2,545
382 4,951
18,220
since Sept. 1 has been as follows:
Beg:iiinlug
September
1875.
236,868
675,260
901,392
787,769
500,080
449,686
182,937
100,194
68,939
-78.
109,077
610,316
740,116
821,177
637,007
479,801
300,128
163,593
92,000
1874.
1 shows a deereau in shipments of 87,000 bales,
compared with the corresponding period of 1877.
GuNNT Bags, Baooino, Etc.— Bagging has not changed in
price during the week, and the encjuiry is still light, though
there is morn disposition shown to operate, and holders are steady
in tlieir ideas regarding price, and still ask 9^0. for light weight,
and 10@10ic. for standard qualities. The feeling among dealers
is that an active market may be looked for in the near future.
Butts still continue to rule quiet in a largo way, though a fair
trade is doing for small lots for present wants.
The market is
steady at 3 ll-16@8^c., according to quality and terms. Cables
just to hand report an increased activity in Calcutta, with advancing prices, coupled with a large demand for England. Stocks in
New York at this date about 16,500 bales, and in Boston, 794
since January
Imles.
1.
1873.
134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
81,780
553
1872.
115,2.55
355,323
576,103
811,008
702,108
482,088
332,703
173,980
127,340
184,744
444,003
530,153
524,975
569,430
462,552
309,307
218,879
173,693
The Exports of Cotton from New York
3f tot.
May
receliits
Same
ToUl
May
96-67
95-77
97'25
9300
90-66
This statement sbowg that up to June 1 the receipts at the
ports this year were 292,379 bales more than in 1876 and 181,229
bales more than at the same time in 1875. By adding to tlie
above
totals to June 1 the daily receipts since that time, we shall
be able to reach an exact comparison of the movement for tlie
different years.
1876-77.
1875-70.
1874-75.
1873-74.
8,498
Total to Gt. Britain
8,434
8,119
8.498
Havre
Eec'pts
1....
"
"
"
2....
3....
"
5....
"
6....
••
7....
4....
4,145
2,707
7,101
2,032
2,013
3,501
1,675
4,512
2,032
8.
5,104
4,002
3,851
" 8.-..
" 9....
" 10....
" 11....
' 12....
8.
5,243
4,187
2,435
1,794
4,2.57
4,880
2,925
3,5
2,489
S.
" 13....
" 14....
" 15....
" 16....
" 17....
" 18....
" 19....
" 20....
" 21....
" 22....
'•
23....
" 24....
" 25....
26....
" 27....
" 28..
4,324
3,390
3,019
3,232
2,007
2,703
" 30..
" 31..
S.
7.008
2,484
4,642
3,478
3,594
2,882
4,167
2,644
2,075
2,895
3,634
1,304
8.
4.140
2,696
S.
2,927
2.750
•2,915
894
2,129
5,149
3,058
1,843
2,385
1,171
8.
•
" 29..
8.
3,097
3,551
4,906
3,098
4,701
4,094
4,072
2,800
3,192
2,553
2,545
8.
1,503
1,791
1,930
1,504
S-
6,189
2,786
2,902
2,039
3,841
1,775
S.
4,394
2,427
3,850
2,779
2,285
1,519
S.
4,062
1,999
1,552
2,501
S.
7,347
5,874
2,117
2,584
2,948
2,275
S.
5,161
2,945
3,371
3,415
3,683
4,405
8.
3,054
2,130
2,051
1,.584
3,429
3,154
S.
2,885
3,484
2,100
1,575
2,249
1,875
8.
2,258
4,399
4,970
8.
6,694
5,570
2,918
3,298
5,915
2,971
S.
9,842
3,378
4,274
3,741
4,311
3,824
8.
9,71
4,672
4,600
3,042
4,728
4,791
4,328
10,719
8,190
8.
9,901
0,594
9,100
5,260
0,099
6,261
S.
8.
8,224
4,489
7,385
3,707
5,800
4,930
6,415
3,842
4,821
3,922
4,816
2,713
3,090
8,100
5,984
4,700
3,658
4,960
4,901
S.
.
This Statement shows that the receipts since Sept. 1 up lo
now 292,379 bales more than they were to the same
month In 1877, and 182,229 bales more than they
were to the same day of the month in 1876. We add to the last
the
percentages
of total port receipts which had been
table
received May 81 in each of the years named.
BosfBAY Shipments. According to our cable despatch received
to day,, there have been 4,000 bales shipped from Bomljay to
Qreat Britain the past week and 30,000 bales to the Ck)ntinent;
while the receipts at Bombay during this weeli have been 35,000
bales.
The movement since the Ist of January is as follows.
These are the figures of W. Nicol & Co. of Bombay, and are
brought down to Thursday, May 30:
to-night are
day of the
—
,
this -week
Brit'n.
nent.
_
Total.
.
,
Shipments since
Great
Britaln.
Contlnent.
1878 4.000 30,000 34,000 230,000 324,000
1877 10,00(1 11,000 21,000 304,000 337,000
1876 48,0O0i'.i2.0OO 70,000 403,000 255,000
From
.Tan. 1.
Receipts.
Tilts
Total.
Week.
554,000 35,000
041,000 34,000
058,000 71,000
Since
Jan. 1.
693,000
881,000
852,000
it would appear that, compared with last
an increase of 13,000 bales in the week's shipments from Bombay to Europe, and that the total movement
the foregoing
year, there has been
30A,01S
8,e81
305,316
334,368
5,t53
8,-266
320
Other French porti
18,355
115
Total Prencli
320
Bremen and Hanovei
S64
200
. .
5,488
6,366
318
29
1?,S76
4,986
10.333
13,949
3.S36
6,171
3n
33,694
31,946
"150
Totml to N. Europe.
350
261
1,140
Allotberi
Total
3i393
ISO
3,398
1,890
316.876
356,3:o
Ac
.Opalii.
Brand Toial
9.P3i
8,845
8,469
"a^tsi
The following are the receipts of cotton at New York, Boston,
Philadelnhiaand Baltimore for the nast week, and since Sept. 1,'77.
HSW TGBK.
PB11.A1>KU''IA
BALTIMOU.
This Since
week. Sept.1.
week.iSept.!
BicK'Te raoH
This
week.
S.
9,899
0,739
4,000
0,900
0,007
5,394
4,196,104 3,903,725 4,013,875 3,400,802 3,677,240 3,417,736
Percentage of total
96-67
95-77
port receipts
97-25
90-00
9300
Gr<mt Conti-
3,681
303.953
8,063
Bpuln.Oporto&OibraltarAr
Total
Shipments
date.
it.
8.119
period
prev'ai
year.
to
May
2-1.
8,434
1872-73.
Tot.Ap.30 4,099,790 3,834,780 3,921,275 3,319,082 3,549,894 3,244,043
May
15
Liverpool
Other British Ports
Kambarg
1877-78.
May
May
8
port
31...
week show a
Bzpor(aolC»ttan<balca)rroinNeiv York since Sent. I ISTT
Tot.My31 4,196,104 3,903,725 4,013,875 3,400,802 3,077,240 3,417,730
Pcrc'tagc
this
decrease, as compared with last week, the total- reaching 2,681
bales, against 8,845 bales last week.
Below we give our usual
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1877; and in the last column the total
for the same period of the previous year:
Hew
Orleans.
Sept.
1
179,r26'
3,-213
Texas
Savannah
This SiLce
week. Sept.1.
Since
3,W-3
18,804
N:il0
^6,9-!4
23
i.6-J3
493
'.5i'
Mobile
riorlda
5,W5^
S'th Carolina
7:9
tf 4,-268!
.-('th Carolina
Virginia
North' rn Port;
6M
renneseee, Ac
Foreign
li696
t3,413
160,3-9
13,796
141,531
Total this year
13,403
Total last year.
6,727
765
491
1,791
If,:3i-4
4,660
31,4!«
3-i46
2.- hi
911
16
This [Since
840 81,375
331
.'6.^06
£81
19,120
18.863
i9,S58
94,767
989 105,436
9'730
493
40,648
119,461
493
66,761
1.492138,375
4,366 313.5C3
1.143
57,189
1.043:111,154
4,.i97
Shipping News.
87ti,560
!
863,30011
— The
3,76
exports of
cotton from
thb United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
32,280 bales.
are the same 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.
.r„t„ bai,,.
City of MonNew YoBB—To Liverpool, per steamers Russia, 100
a.Ml
treal, 1,002 ...Montana, 1,579
per
Nbw Orleans To Liverpool, per steamer Persian, 4,900
13,847
ships General Shepley, 2,259... Rock Terrace, 6,658
3,951
To Havre, per ship John Patten, 3,951
per ship Matara,
To Bremen, per steamer Bracnschwelg, 3,066
—
5,116
3,417
3,050
MoBn.li— To Liverpool, per ship George Hnrlbut,
Baltihobe— To
3,427
Liverpool, per steamers Emiliauo, 388. ...Nova Scotian,
1.063 and S2 bass
Liverpool, per
596... Pembroke, 443
Boston—To
1,473
steamers
Palestine,
1,346...
Bohemian,
«,S85
Pbiladblphia— To Liverpool, per steamer Lord
500
Cliye, 500
3-3,380
Total
The particulars of these shipments, arranged in oar usaal form,
are as follows
Total.
Bremen,
Havre.
Liverpool.
New York
New Orleans
Mobile
Baltimore
Boston
PhUadelphia
Total
2,»i81
13,847
3,437
1,473
S,285
_
8,951
5,116
«886
600
500
33,313
3,681
11,914
S.4S7
1,478
8,951
5,116
S»,»80
Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
FOBEST Bellb, bark (Br.), Scott, from Galveston, May 9, for Liverpool, pat
back, as the vessel would not steer. She was to di8ch«rgo part of her
cargo, take on ballast, reload, and proceed on her voyage.
Lois,! bark (Br.), Sheldrake, at Afiisterdam from Mobile, which tfok fire
while dlschargine, had a cargo.of 3,800 bales of cottoa. The fire was
extinguished by throwing a great qaantity of water Into the nolo bj
«
:
,
:
:
ihe floaii g pleara fire eryine. after cat ing open \\ii deck. There were
The
etil! 3,2i0 balefl of cotton on board when the ctipiulty haopsiied.
damage, principaKy from water, w 11 be very serioia. The discharge
of cotton was proceeding May 11, and the biles would b;? put in an
open place.
Cotton freights the past week have been as follows;
— —
f— -Liverpool.'
Steam.
Saturday.
—©Si
——aJ<
—fum
©Si'
LC
—aj<
fi%
Thnr'dy..
Friday... —®if
.
C.
c.
%
~-&'i 11-16 cont'.
@?i 11-lK comp.
l:-16
lo i;w
comp.
'atyt i.
—&}i
comp.
—ftii
aji 11-16 coi
irnrafinn "H-tv
—.ITnliitflv
Decoration
D.iy—
Holiday
13-64 comp.
Ji cp. —(S^ H-IB cump.
15-64 coiup.
15-64 comp.
lE-54
ic-fl* couip.
comp.
15-64 comp.
Liverpool, May 31
cp.
Ji cp.
^
3^ cp.
cp.
3i cp-
— 3.30
Steam.
c
C.
J.
X
^
^
).
Ji
'/
comp.
comp.
comp.
comp.
—
—
—
—
comp.
—
.
Jf
>f
M.— Bt Cable rnOM
liivEUPOOL. Estimated sales of the day were 12,000 bales, of which 3,000
bales were for export and speculation. Of to-day's sales 0,o00
bales were American. The weekly movement is given as follows
—
P.
The following statement sliowa the sales and imports of
the week and year, and also the stocks on hand on
Thursday evening
compared with the corresponding period
last,
of last year
bales, etc.. op all dbscbiptiomb.
Sales this week.
,
Total
Total
this
year.
Bx- SpeculaTrade.
Aiue.icin..balef 5'.9M
Brizilian
B^'yptian
S'uyrna & Greek
West Indian....
East Iiidian
port
tlon.
P,9.10
10,(100
5,340
;oo
3,TSn
4!0
6'J
^pn
"'"
I
60,560
10,330
4,190
250
190
Total
8:810
68,950
5.830
May
10.
May
17.
May
24.
This
week.
31.
American
week
bales.
Forwarded
Sales American
Of which exporters took
Of whicli speculators took..
Sales of the
Total stock
Of which American
Total import of the
week
Of which Amcricau
Actual export
Amount afloat
Of which Amerioan
following table will
51,000
10,000
42,000
4,000
3,000
890,000
078,000
70,000
G4,000
8,000
261,000
171,000
show the daily
8,000
54,000
80,000
10,000
61,000
fi.OOO
7.0(K)
8,000
883,000
9,000
(iC.OOO
601,000
51,000
37,000
5,000
2S7.000
203,000
888,000
671,000
85,000
69,000
5,000
244,000
166,000
76,000
Brazilian
9,01)0
Egyptian
52,000
6.000
13,000
bales
^^
70O
5,310
81.553 l.COT.S'.O 1,149,380 63,950
56,310
6,2o0
Test Indian
East Indian
Total.
51,000
...
Saturd'.v.
ISi.iOJ
-StOCES,
ports.
Same
"
fnme
To
Dec
date
date
This
date
1878.
1877.
day.
1877.
,306,331
6'>1,480
747,590
75,343
819,061
57.610
75,910
ltiS,040
1J0,.567
63
11,167
133,874
173,984
51,411
1,656,674
1,8!4,703
1,3)4.021
31,
1877.
213,500
31,360
94,760
142,480
9:6
600
MO
8\848
17,310
69,730
S»,7W
31,930
832,610 1,163,900
387,550
16,010
!•
20,990
47.(100
8,(1(1(1
BREADSTUFFS.
210,(1(10
129.000
Fridat, p. M.. May
closing prices of cotton for the
There has bcea an important decline
Spot.
u,r7o[
1\890
92,(30
103, i37
1,012
1?,037
37,2SI
1,759
1,139
Smyrna and Greek
S6(i.OO0
668.(100
280
39,160
6,110
6,530
3,T90
440
6,730
1877.
718,830 41.410
131.080 2,40J
6,660
108,6
9.1,800
490
40
—ToIm
Average
187f
1877.
89,69J
I
j
2,'80
Same
period weekly sale*.
•:s?,c:o
1
this
May
Vol. XXVI.
C'.tton for
Sail.
c
c.
>
—
—
—
I
*— Hambart-—
Bremen.. -Havre.,
Steam. Sail. Steara.
Sail.
Sail.
d.
II.
The
week:
J
-
..
THE CHRONICLE.
554
Monday..
Tuesday.
xaesaay.
XCaA''^ar
Wed'day.
:
Monday. Tuesday. Wedn'sdy Thursd'y Friday.
Mid. Upl'ds ...®63,8 ...®63ifl ...®63,8 ...®63ie ...®63,6 ...®()3,8
...®638
...®638
...®638
...S!63e
...a63s
Mid. Orl-ns.
owing
excessive
to
crop
favorable
supplies,
On Tuesday,
declining foreign markets.
1878.
31,
the past week,
in fiour in
and
prospects
several thousand bbls.
common shipping extras were taken for (ireat Britain at
$4 35@4 40, with prime to choice at §4 75@5 50, and on WedThese sales arc on the basis of Uplands, Low Middling clause, unless nesday renewed depression was developed. Rye flour and corn
otherwise stated.
Saturday.
meal have also favorer! buyers. To day, the market was dull
d.
d.
Delivery.
Shipments, d,
Delivery.
and depressed, with $4 25 about the best that could be realized
Aug.-Sept
6932® ^ Oct.-Nov.,n. crop,
G's
JJay
61I32
6^8
for lines of common shipping ex'.ras.
8e.pt. Oct
sail
June-July
6732
Nov., new crop... 6^32
Nov.-Dec, n.crop,
July- Aug
63i8
The wheat market has a'so bean greatly depressed. The con6'4
Shipments.
sail
Aug.-Scpt
63,8
April, sail
Sept.-Oct
(Pie
65i8
tinued l.irge receipts at the Western markets, the accumulating
Monday.
stock", the favorable prospects of the nect crop, now near at
Shipments.
Deliver!/.
Delivery.
hand, the increased probabilities that peace will be maintained
Oct.-Nov
Oct.-Nov., n. crop,
65,8
May
O's
6I9
,Tulv-Aug
sail
6732
May-June
6";i2
between Great Britain and Rassia, have not encountered one
...65,8®ll32
Nov.-Dec, n. crop,
.Tune-July
6% Sep't.-Oot.
63,8
JulV-Au^'
sail
6318
counterbalancing iuflaence. Tbe decline has been more decided
July- Aug
«3,8
Ai>ril, sail
Aug.-S0pt.6932® '4®''32 8ept.-Oct
6=16
63,8
for June and July delivery than on the spot, a considerable porBept.-Oct
<iH
Tuesday.
tion of current receipts having been sent to store. To day, there
Delivery.
Delivery.
Delivery.
was a further decline, with large sales at $1 08@l 09 for No. 3
6I4
Aug.-Sept
May- Jime
6832
May
6832
6^8
June-July
Sept.-Oct
June-July
6933
6^x2
Milwauke", |1 10@1 11 for No. 1 si-ring, $1 13@l 14 for No, 3
Aug.-Sept
Shiomeni.
July-Aug
6732
6532®3i6
red winter, $1 31 for No. 1 white; aiso, No. 3 spring for July at
J*
April, sail
Jay- Aug
Aug.-8ept
6533
63,8
of
Futures.
I
I
'
Wednesday.
|1 Ooi.
June-July
fi'is
Delivery.
Sept.-Oct
July-Ang
6%
Aui.'.-Sept
6>4
6732
Aug.-Sept
03,0
Sept.-Oct
6»..52
Sept.-Oct
09.-i2
6»4
Oct.-Nov
Shipments.
Delivery.
May
OI18
6I16
May>Iuue
Sliiptnenfs
I
I
6>8
sail
Oct.-Nov., n. crop,
6ie
sail
Nov.-Dec, n. crop,
sail
G>8
6^6
April, sail
Thursday.
'~-
Delivery.
May.
June-July
July-Aug
Aug.-Sept.
Delivery.
Sept. Oct
I
0332
6332
6832
6032
..-.6732
May-June
I
I
July-Aug
1
Oct.-Nov
6932
Shipment.
Nov.-Dec, u. crop,
6'4
O's
63,6
6I4
Aug.-Sept
6732®'4
Sept.-Oct
638®ll32
6632
69,2
I
I
;
Rye has been dull, drooping and unsettled. Today, there were
buyers of prime Western at 65c. Barley was lower, with sales
Western leeding
of
Oats gave
Delivery.
Delivery.
July
6ie
sail
Friday.
June-July
July-Aug
Aug.-Sept
on the spot, 40346ic. for June, and 46|(a47c for
but at these prices the demand became very active, causing
some re-action. To-day, there was a further decline to 45(g45Jc,
for No. 3 mixed and 43^@44c. for steamer do., with No. 3 mixed
to 47^@4Sc.
selling largely for July at 45}(S46c.
Delivery.
I
69.32
Oct.-Nov
Jtme-July
I
Indian corn has declined very much. No. 3 mixed dropping
Apr. -May,
Delivery.
June-July
Aug.-Sept
May -June
July-Aug
e-iig
6016
6632
6732
Aug.-Sept
Shipment.
6932
Nov.-Dec, n. crop,
sail
63,8
EOROPSAN GoTroN .Makkbts. — In
way
The following
No.
18,1878, states:
Superfine State
ern
—
date
— a.* Fine — .—Same
Mid.
Good.
181".-
Mid— ^Fr.& G.Fr.-,
,-Ord.&
Seal8lacd..lS
Florida C0..12X
Ord.
Dpland
14
Q.O.
Mobile. ...6 1-16
5 6-16
6 6-:6
Texas
iH
5 1-16
5H
Orleans... 5X
8ince the
S T-16
17'/.
18«
20
84
15
16
13
L.M.
Mid.
ISX
G.M.
speculation and for export
American
Brazilian
KL'yptlan, Ac,
ndia, &c.
B. India, *c.
Total.
..
of
Mid.F.
6H
5 1 1»16 6
5 11-16 B
53i
6X
6\
5>i
commencement
I—Takra
Pair.
W
(>%
6Ji
S 7-16
6%
6X
7}*
18
15
20
Mid.
H.M.
17
5 13-16 6)i
5 18-16 6>i
5 15-16 6X
6
bJi
S3
19
M.F.
ex
6Ji
have been
on spec, to this date—
^
2
&
.—Actual erp.from
Actual
Ltv., Hnll s, other exp'tfroro
ontports to date—
U.K. in
S
35!* 4 00
No. 2 spring
No. 1 spring
Estra State, &c
Suring Wheat
4
25®
4 SO
RedWinter
n@
4 50
Western
extras..."
4
4
doXXandXXX
do winter X and XX.
do Minnesota patents.
.
City shipping extras
City trade and fami y
65^6
4
40®
6
6
4
1K).(J
8 00
5 50
25®
flour, superfine
3
00®
Corn meal— Western, &c.
Corn meal— 3r 'wine.ctc.
2
2
01'18
SO®
$1
1
1
1
White
Corn — West'n mixed..
do steamer grade.
55
Southern yellow, new.
35
1
.
— Canada West..
..
State, 2-rowed
State, 4. rowed
Barley
3 50
Malt— State
Cinadian
4I
1
Peas— Cduada
8 90
in breadstuEFs at this
10®
033
15®
42®
49®
62®
6-®
2o@
Rye
Oats— Mixed
White
Barley
on®
05®
43X®
Southern, white
brands
5 75® 6 25
Southern bakers' and family brands
5 CO® 6 50
Southern shipp'g extras. 4 JO® 4 85
bondifcfree
1
1
1
03
09
;2
1
18
1
25
46
44
5«
2-i@
54
68
31
31
77®
ES®
03®
6>®
00®
8)@
65
75
86
1 10
95
87
market has been as
follows
^-RECrlPTB AT
NEW YORK.—
1878
,
For the
1877.
1876.
isrg.
1877.
1871.
bales.
bales.
bales.
bales.
bales.
balet.
38,2 :o
87,190
75,-;oo
53,117
3; ,705
116,460
.250
13,.310
610
1,011
2.451
H,i30
5,670
40
3,9?0
S8.0.30
11,190
9.7 2i
S-J,4!0
110
400
18.9:J0
3,3.W
36,eiC
3.827
a,rs3
69,096
sr-j.9(i0
Rye,
"
107,394
4M50
1-16,2;0
101,160
lt9,358
105,502
437,430
Barley, "
"
Cats,
M9,418
l3,8in
Whe«t— No.Sspring.bash
3 OO
West-
The movement
:
:
Graim.
^bbl.$S 2c@
1878.
33,6.30
are closing quotations
FLOtTR.
Rye
the year the transactions on
44a45ic.
To day, the market was active, and No. 2
for export at 39J@30j.
graded was quoted at 38Jc. for mixed and 30,;. for white, with
50,000 bushels No. 2 Cbicago sold at ZOim(i\c.
reterence to these markets,
our correspondent in London, writing; under the date of May
LlYBBPOOL, May 16. The following are the current prices of
American cotton compared with those of last year
at
sharply, and large lines of No. 3 Cliioago sold
week.
,
Since
Jan. 1.
Flonr.bbls.
71,470 1,680,497
10,130
88,769
C.meal, "
Wheat,bn8.1,653.674 19,631,930
" 1,0!»5,5C8 11..354,1I9
Corn.
VAUe
1,399,3*5
,
Same
time
1877.
l,08i,346
109,ft33
1,:49,105
6,161,619
289,536
»i,09:).O73 »1,343,].',2
?,67:,«9S
J,869,188
.
.
EXP.tRTS
FROM NEW YORK.
..
1878.
For the
week.
Since
Jan. I.
1,010.116
86,386
1,035,615 18,550,183
901,84149,429.4.36
57,930 1,750.103
5I,4ia 1,441,870
44,102
3..375
87,477
586 36
IS77.
For the
we< k,
81.955
:,310
83
1
1
Since
Jan. I.
4'i5,658
98,905
9%
3,.330,623
301,827 7,9,10,775
490,.565
50.960
81, -179
811,874
in
6'i,«5J
.
.
JcKK
1,
THE CHRONICLR
1378.]
AT LAKE AND RIVEK POUTS FOR THE WEEK ENDING
RKCEIl'TS
MAY
25, 187a, FllOM DEC. 31
AUGUST
AT—
1
Wheat,
bhia.
bash.
OOIb*,)
(IWilb^)
JJ.tfil
Milwaukee
To!edo
46 103
1,455
4.f99
1,786
80.045
Detroit
CieTeland*
Louis
Peoria
DulutB
St.
TO MAT
TO MAY
Flour,
ailcago
BJ4.12I
5)1,90)
61,903
119,139
25.
Oats,
hueh.
Barley,
bunh.
(SBlb«.^
2,081,157
4 ',490
(S2 Ibs.l
SOl.BOl
(48 lbs.)
(t6 lbs.)
2'..n41i
51.183
1H,0.'>0
^5,361
S9.9i;0
817.H8
16,107
....
1,5S8
lil,42)
883
14,000
10!,0«6
92,550
ll.DBJ
10,800
l»,i,031
1,4^)0
8»8
2i4,0«
4,500
Ul,Ui
....
Rye,
ba^b
11,726
24,650
Total
K6,763 1,5()9,075 3,0:37,951
Previous week
111.718 1,491,20) i,391,78l
Correap'ng week.'TT.
74.380
289,56S 1,329,-9'i
Corresp'ng wcek,'76. 112,142 .1,061,908 1,48J,648
Tot.Dec. 31 to date. 1,391,642 24,r8),997 83 030,279
Same tlmo
Same time
Tot. Auk.
1,699.8S1 6,8(5.606 27,3.39,505
8,0)8.918 H,0!3,5((i ^4,515.573
1,790,081 17,Ci2j,550 18,.346,C0a
1876
18:5
1.10).7!)7
816..3S9
547,3:5
626,636
119,r(l
18,161
76,235
110,310
70,436
bbl?.
bnsh.
bbls.
Tot. Dec. 31 to date..3.S6:J,2!l 16,9.33,682 27,141,170
1877
1,69:).196 6.1fi3.4f.2 19,862,747
1876
..«,202,563 14,136,3)5 21, 52.',.5I0
Same time
Same time
Same time
.
1675
1,905,460 10,i09,-20a 11,911,9S5
bbls.
bbls.
6,3I8,oM 1,452,720
4,95\.'!09 1,6'5,5C8
5.9.V4,2' 6 1,1.30,-01
4,6i0,968
i3l,540
48',n3
RAIL SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE
AND RIVER PORTS.
Week
Flour,
Wheal,
Com,
Gals,
Barley,
Rye,
ending—
May25, 1N78
May
May27,
Mayas,
bush.
bu?h
bush.
bush.
bush.
900,705
6;0.S20
268,470
59,925
37-2,835
27,018
72,629
22.117
8.100
88,3-i5
8.'5,653
369,983
74,4-3
303,071
bbls.
73,979
52,213
26, 1-77
1876
1875
385,-265
S.W.eW
1.104,628
271,363
313,:!67
11,505
30,9-20
7,677
RECEIPTS OB FLOUR AND GRAIN AT SEABOARD PORTS FOR THE
WEEK ENDED MAY 25, 1878, AND FROM DEC. 31 TO MAY 25.
Wheat,
Flour,
At—
bbls.
70,473
21,870
New York
BoBton
Portland.
Montreal
4,-M
M,0S4
P'liladelphla
184,:i00
927,40)
688,400
Barley,
bu*h.
Rye,
bush.
28,2:M
6,300
95,?.3i
sO,7.30
2,?,00
1,500
46ii,426
1-2,7-6
9i,:i00
3,000
13;J,:Jf5
14,000
17,313
....
....
ilQ
l,-230
1,9^5,613
:;,-iP6,89.J
634.5-22
174,i)98
2,0.31,960
88,760
55.747
14-).5'I3
304,r0j
8.592,349
2 ',48.772
53S,693
1:4,548
3")9,u:;8
3'J,'.82
65.0i8
2,73»,lo2
2,.'5.5(>,79:3
3-J.9.3.5.548
12,1(«,.305 30,686,961
3,487,385 9,-214, 190 2-2,088,804
3.5:37,5.'50
2.500
(3,t00
161,-282
6.573 915 2,136,277 1,797,421
6,153,743 1,1.34,053
51^661
7.356,402 1.8B1,'231
i03,-59
6,1-39,0:36
301,i33
96,149
EXPORTS FROM UNITED STATES SE.\.BOARD PORTS AND FROM
MONTREAL FOR WEEK ENDED MAY 25, 1878.
Flour,
From —
New York
Boston.
.
bbls.
51,240
1-2,647
Portland
Montreal
Philadelphia
Baltimore
tory one and
Eye,
bu^h.
86,916
89,434
93,575
....
5,267
185,511
114,841
190,0:8
69.414
72,334
21.3,871
71,430
2,4.J6
118,2:30
S.-,601
80,453
194,r;65
888.68-2
815,369
593,5:7
92,85-3
1,801.763
918,051
1,605.520
1,376,673
240,746
wa^ the means
Three weeks ago....
69,5-3
61.366
90,e02
17,361
3.53;,378
2.604.513
l,623,-203
2,25:3,362
44
48-3
From New York— 63,474 bush, barley. From Montreal^0,021 bush, barley,
From Portland— 17,36! bush. peas. From New Orleans-51.267 bush. peas.
109 bbls. flour, 28,779 bui-h. wheat, 103,01,9 bush, corn,
and
63,500 bush. rye.
The Visible Supply of Grain, comprising the stocka 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 Stohh
at—
bush.
I,ls8,561
Albany
800
Buffalo
Chicago
Milwaukee
Duluth
Toledo
Detroit
,
Osnexo
Louis
Boston
Toronto
Montreal
St.
Philadelphia
Peoria
IndiinapoIIs
;
KansasOity
Baltimore
Rtll shipments, week
l,ake shipments, week
On
canal (25th)
ToUl
May
May
May
18, 1878
11, 1878
4.1878
April 27, 1878
April -;0, 1878
April 13, 1878
Mayi6,ld77
lacing goods worth about
Domestic Cotton Goods.— As anticipated, the exports o£
heavy the past week, and further large
orders arn
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, Great
Britain 1,140, U. S. of Colombia 159, Brazil 113, Danish West
Isdies 71, Porto Kico 67, New Zealand 51, Argentine Republic 47,
Ven zuela 28, &z. Cotton goods ruled very quiet in first hands,
owing to the trade sale alluded to above, but prices were fairly
maintained because of the advance in cotton. Print cloths
remained quiet but firm at 3fc., less 1 per cent, cash, and 3fc.@
3 7-16c., 30 days for 64x64s), and |3c. bid to 3 116c. asked for
58x603. Several of the Fall River mills have temporarily
stopped production, owing to the dulness in print cloths and the
heavy stocks on hand. Prints were as a r\ile ve"y quiet, but a
few large transactions were stimulated by low figures. Ginghams were less active and C3tton dress goods remained dull and
wealj.
Domestic Woolen Goods.
—
There was a moderate movement
heavy woolens on account of back orders, but new transactions
were light and unsatisfactory. Worsted coatings are generally
we'.l sold up, but fancy cissimeres are in large supply, and there
apparently a surplus stock of certain makes of overcoatings.
B'ack cloths and doeskins were in very light demand, aside from
is
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
was a fairly sustained demand for printed
In flannels and repellents there has as yet been no
and carpets were lightly dealt
of importance,
in-
Dress buntingswere in steady request, but other worsted dress
fabrics remained sluggish.
—
There was a very light demand for Imported
hands, and the season for the sale of spring and
fabrics may be regarded as practically closed. Jobbers
goods at
summer
first
moderate distribution of seasonable goods, but there
was very little spirit in the demand, and selections were mostly of
a hand-to-mouth character.
We annex prices of a few articles of domestic dry goods:
effected a
Domestic Gluslisnia.
;
Wheat,
New York.
j
cotton gr.ods were very
Foreign Goods.
To' al for week..
Previous week
Two weeks ago
of
$1,500,000 in the channels of distribution.
movement
219,078
10>,70J
it
most staple goods
but dress fabrics, cheviots and
the whole, the tale was a very satisfac-
prices obtained for the
On
skirlings sold low.
neglected, but there
bush.
...
The
to expectations,
satinets.
Oats,
bush.
9 8,889
ll.ceo
5,359
12,5:6
all the
'Dush
3,726
Corn,
bash.
8,8:39
The competition was brisk throughout the sale,
goods offered were disposed of, together with numer-
Print Works.
Peas,
Wheat,
1,0,9,9>2
129.897
.
in
148,60J
Tot. Dtc. 31 todute. .3,390,177 28,(56,703 43,656,683
Same time 1877
Same time 1676
Sametimele75
Oat-,
bush.
417.«4
108.60)
4,5)2
NewOrleans
Total
Corn,
bush.
842,914
2)5,860
14,370
14,701
8,4i5
Baltimore
Previous week
Corresp'ng week,-77.
bu-b.
1,341,884
68,8C0
3,000
211,342
cot-
Company, Columbian Manufacturing Co., Thorndike Co.
Franklin Co., Androscoggin Mills, Continental Mills, Palmer Mills,'
Cordis Mills, Boston Duck Co., Warren Cotton Mills and Oriental
were fully up
244,-i66
parts of the
Co., Otis
ous duplicates.
bbl.s.
],2:-3,S96
540,2-21
all
embraced over 11,000 packages of staple
Pepperell Manufacturing Co., Laconia Co., Bates Manufacturing
17,404
39,06s
Same time 1877
4,85:),S53 3e,2.-,8,Mji 66,23s406 17,57l,f;0: 8,204,94) 2.B58.0SS
Same time 1876
4,.3-13,829 5.3,906.*)i 4.5.074,215 v2,4ii5,885 7,29,S,t,68 1,747,06)
Same lime 1875
4,4r3,8l9 52,467,931 17,576,50) 19.2i.3,033 5,403, 88 1,140,940
«IIIPMENT8 OF FLOUR AND GRAIN FROM WESTERN LAKE AND
RIVEK PORTS FROM DEC. 31 TO MAY 25.
Flour,
Wheat,
Corn,
Oat?,
Barley,
Rye
many package bayers from
tale
ton goods, dress goods, printed cambrics, skirtings, coatings,
white goods, &c., manufactured by the following corporation!
to date.. 5,151.0.36 68,16«,a8S '8.119,195 2a.012,?>0 9.a«5 1U6 .3,621.011
1
The
ISO.Wb
9,51)0,733 8.606,8f6 1,817,224
6,5-'5.ai5 S,l.W.2!-3
8PO.M1
537,21:)
7,813,-2.5:i 2,61j.0r;0
7,i93,27d 1,4T5,!-5J
4i4,3.0
555
attracted a great
country.
Corn,
bu>h.
2.953
18,C0l
29!,8j5
SUO)
AND FIOM
25,
and
Hametlmel677
.
92,900
726.031
621,155
161,031
402,885
230,312
80,100
206,5:6
79,810
461,610
883,958
150,422
2.258
19,381
40,338
115,835
369,933
9;o,691
1,^21,000
7,507,564
7,549,665
8,045,649
8,394,f83
7,921,488
7,721,565
6,428,8.4
5,1S1,0;0
Com,
busb.
304,137
15,100
172,900
909,101
61,514
Oats,
Barley,
Rye,
bu-h.
bnsh.
bush
532,-388
177,169
53,500
7 663
307 647
377,759
39,695
63,000
10,956
....
1,848
57,000
10, OO
218.555
51,696
....
548,533
h53
110,00)
333,957
193,9j-J
3C9
150,147
400,561
97,557
64,000
66,022
32,8',5
21,
Alamance
Amoskeag^
Bates
8V
I
I
i
Plunkelt
Randalmon
Renfrew dr'ss
HO
2,9:2
45.0CO
6,866
617
75,610
19,890
....
....
....
....
....
71,9-i3
....
3,1>;8
Amoskeag
68,000
49,936
413
1,034
17,885
do
fancy
Bates Cheviot..
Belm'nt Chev't
Clarendon do
Creed moor do
Cherwell
do
Century
33
•2.086,456
64U,i'lll
Amoakcas
8,-202,046
849,696
664,560
Androscog'n
55,0l;fl
1,159,042
1.809,5.59
507,728
573,489
1,394.488
600,4.53
1,46-2,506
559,96.)
1.675,855
1,878,184
569,S52
582,31:
THE DRY GOODS T3ADE.
May 81, 18:8.
The chief feature of interest in the dry (;(xxls market the past
week hag betu a large trade sale of domestic goods, which
Fbidat,
P. M.,
IWhiteMfgCo
9
Carleton
I
I
Johnson Mfg Co... 13X
HamiUon
V.H
Lew'u AA.Chev.
A
do
...
....
lOtisBB
10
Park Mills Ch't.
1«V
TborndikeA....llK-lSK
do
B
10X1
Uncasvllle A..
12)<
8V-9K'
do
nX
UCA. 10-11
Whittenton AA
10
do
B...
9
11
do fancy XX
I
...
Massabesic
.
I
I
Denims.
3,l-iJ,3fl9
151,116
197,L00
83,365
65,152
107,000
Balrd.
Belfast
Shirley
9
Bvereit Cheviot
Everett heavy..
S)i
14
1,123
Amoskeag
27,018
1,792
27
IIX Cordis awning
uy, Columbian
432
...
9
9
style ....
;
Stripes.
Century
9-10
Amerlc.tn
8,801,349
2,157,643
2.087. Iii4
2.063.3a3
1,769,920
1,990,19^
8.310,3-,0
10,)26,9-24
9
Namaske
I
Mohawk
8,982,241
9.53.3,192
Lar caster
Gloucester, n. s
60,920
9,768,366
10,184,933
Miami
I
I
Glasgow fancy.
9 0,766
1,831,823
1,609,000
9,008,502
I
...
127.199
30,819
6,000
80.556
93,752
11.933
19,427
1,21-2,914
8,-2-J6,712
10
9>i
«
do
AM.
Boston
Beaver Cr,AA.
do
BB.
do
CO.
Columb'n h'ybro
do XXX bra
15
Otis
13X
11
York
Warren AXA..
do BB...
do CC. ..
16
Gold Medal...
to
14
AXA
do BB
12
12X
doCC
U%
Pearl River..
16X
Palmer
.
9
I
6)^
I
Clarendon
IlalloweU Imp.
6a
brown
1
B
I
....
I
do
i«
14
mx
11
«X
Haymaker....
Corset Jeans.
8)<IInd.0rch.Imp..
7X Nanmkeag
eat.
lOK
i«5
Uncasv'e DCA.
Lcwiston
8X
Canoe River....
do
Thorndike A..
Carlton
Everett
16H
Newmarket
sat
Eearsarge, sat.
. .
do brwnJtblk
Laconia
Manchester
• ••*
s
sat..
....
. .
9
9yi
Pepperell, blea..
do
sat...
8)t
8
Rockport
SuBofk
»w
»>t
IX
Hamiltca
Cotton Tarns.
Empcror6
Pisdletoa 6
20
30
Saltan t
I
1
Fonienuy
6 to 12..
do
20
rXL 6tol«
XXX do
.
.
M
M
—
"
— —
.
.
,
THE CHRONICLE.
556
XXVL
[Vol.
Exports of Leading Articles from yew York.
Importations or Urr Goods.
The following table, compiled trom Custom House returns,
The importations o( dry goods at this port for the week ending shows the exports of leading articles from the portof New York
May 30. 1878, and (or the correspoadingf 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
18TC, have been a8 follows
and 1877. The last two lines show total values, including the
SHTBBID TOB CONBUIIFTIOM fOB TBB WEBK BHDlNe MAT 30, IS'S.
value of all other articles besides those mentioned in t)ie table.
187ti
1813
18T7
?? iO « .* "v :D c; ?» O
-H
o la :o «o:oO rr
p COCW
:
,
,
Pkgs. Value.
MannfactareBOf wool.. .. 248
$SO,80D
cotton.. 465
do
1H,140
do
do
silk
flax
Ultcellaneoas dry goods.
-2S3
•in,'i-2
559
10J,8-4
«,9i'9
143
.
,
Pkgs.
.
tTD.BIS
149,S38
173,257
13!, 608
83,214
3,102
»6!,349
175
500
f53
336
113
cotton..
251
87
247
513
silk
flax
Miscellaneons dry goods.
Total
Addent'dforconsampt'n
.35
314
67
769
$292,78')
1,310
1,697
678,170
42.575
29.656
65,185
14,287
161
62,794
58,814
63,670
18,778
13:,)80
192.012
79,219
3i,209
lO".
28,2!)3
56
41.082
39, 127
13,354
1M8
1,416
$207,0 !3
B24,£35
4,827
•
1,931
tn:£>
1871,556
5,596
$831,358
Wif
w
-f*
lf-^^(-TOT-i?3l-'!fC3^3=iMO3>'WmC03>*?XVTfO«'
U-«-'-'t-0'-«'7<c;o;23t-^3:t-^coc-5»irtOi^«0'T»'W"i
—.""'0
f
5S-J
i'^,.-
504,219
x«—
»»<
I
^.
00 r-
•<T--OncO
193
S8i,772
•^30
$36,965
!51
11,907
51,463
24,804
;.488
310
86
335
46
72,26')
139
54
53
n^
—^
~n -^ ro Z
,~l^r
so lO T* o* rt
68,189
69,102
12,931
1-1.(175
2(,303
42.821
11,735
!95
35
1.0(9
4,827
ta99,5-,6
476
624,335
1,4J2
$151,977
504,119
Total enterad »t the port. 2,168
$760.'i03
5,876
$92.3,991
1.P58
$656,156
Imports of beading Articles.
The following table, compiled from Custom House
.
S58.043
1181,439
578,770
S :?55
M «1-
« in
•
•
returns,
'
ss
espto
ooS'»T'
'^ «-' 00
*
£5
of leading articles at thid port t^ince
shows the foreign imports
1378 and for the same period iu 1877:
1,
[The quantity
la s;iven la
pacaaijes
wnen not otherwise
Same
Since
Jan. 1,'73 time 1877
:=S
specilled.J
Since
Same
Jan. 1, '78 time 1877
• J',
oj
V — s rl
:
S'
T-T
China, Qlass and
Earthenware—
China
Karthenware...
Glass
Glassware
Qlass plate
Buttons
Ooal, tons
Oocoa bags
OoflTee, bags
Ootion, bales
Drags, AcBark, Pernvlan..
Blea. powders...
Cochineal
Cutlery
4,748
15,660
1C0,522
8,673
2.515
8,980
39,406
8,693
614,?95
1,661
10,2e9
12,143
89S
Indigo
5,976
1,440
3,600
Uadder&Ext.of
1,410
Oil,01iTe
'.6,793
Opinm
Sodaash
4.539
Hardware
15,110
Lead, pigs
131,647
Spelter, lbs
7,772
Steel
3,601
Tin, boxes
2,783
Tinslabs.lbs...
10,419 Paper Stock
10,034 Sugar, hhds, tcs.
868,429
bbls
1,354 Sugar, bis
bags.
3,157
12,529
930
12,501
9,439
31,173
Sa,190
1,807
2,307
3,703
1,641
3,414
cloth
838
1,797
996
Hemp, bales
90,853
75,167
Hair
Ac-
645
Hides, dressed..
India rahber
Ivory
Jewelry,
Ac-
Watches
—
Unseed
Molasses
1,917
19.705
595
399.99'
5,27.1,453
5;,570
A
..
Tobacco
Waste.
Wines, Ac—
Champagne.bkt^.
Fruits,
239
145,610
25,704
34,777
46.292
16,005
t
607,033
16.319
308,3-9
153,730
490,99S
26,090
301.746
145,702
Lemons
43!,335
Oranges
Nuts
l,130,S8c;
336,817
S51.312
4,917.903
63.079
.
.
Ac—
300
227,190
1,363.329
365,3-1
25,630
263
(
•
,
OSCOOO'V'-*-'
-n
ta ui ^1
w
t^
tssn
^• — CO
t^
I-
.
«^
•?*
231,818
912.182
391,674
661,463
5,557, 3Ui
113.837
I-
O » 3i
=
.
iiss
2
s&
«'«'
TO
- ^ <c to B o oi =p
:SS :S-2SS :§
to 00
•
•.S"
,- cn
•
.
:«S
.
«
t-
r^
0»
cc .0 •«
.
cj^*
P5
'ff*
'
ir>
OS
a*d
::
3.
:
:
^2
f.i
;S2
si
11'- ^
•
vs
00
'£
0/
'<ii^
co^
"V
eo-f
937 Spices,
2,630
Cassia
S6,253
Ginger
1,268
170
148,168
39,053
•"
r£l
O-fl
g
Raisins
Hides, undressed
Rice
-• c^ o- ^ w ^ "^
^ ^oO
10 -T P? CO T» •« i
QO
'-S
36%079
8,675,928
75,809
61.316
12,557
Ac-
«
« a*
ci
.
,
'S
19,769
.34,09;
Corks
Fancy goods
Fish
uj"
*-J'-^
100,0.38
25.526
193,993
78,495
Pepper
Saltpetre
1,018
3u3
n.52>!
322,0.55
•
301,542
854,96
470.705
25,732
236
Wines
22,718
1,602 Wool, bal 3s
2,751 Articles reported by
value—
2,238
13.965 Cigars
2,i5
23.130
28,330
247
3 835
666;659
i;,673
oo
1,.501
&
.362
Flax
Jewelry
1,751
Tea
Gum, Arabic
Soda, bi-carb....
Soda, sal
d5 Jo
Ac—
Metals,
Cream Tartar...
Gsmbier
Hides,
»
$685,6!3
3,413
471
1,697
Petal
iddont'dtorconsumpt'E
Qanny
!£:
CO
t-t
-r^
..
silk
do
flax
do
Hiscellaneonsdr; goods.
January
:-e
ro
^v — 'ri-^tnrn'!*
3
ENTERED rOR WARBHOUSINS DtTRIHS SAKE PERIOD.
Hanaf actares of wool
cotton
do
:S
»-
r^
-J^ Si tribe's}
=ii£»c--
Total thrown nponm'k't 3,007
.-.
rrsjrr^e
'iK^^'0<Zi ^-rr^Oi
"^
tl81,4i;i
1,.462
'
^ o us
0:D'-.n—"t..-,*-).^
Oi:co;s;C.
$6;8,"70
|6St,335
1,432
1,697
4,327
Total..J50:,219
WITHDB^Wll VBOM WABBHOUSB AND THHOWN INTO THE MAHEKT DUBINO TBI
SAME PERIOD.
142
'63,703
».55,.350
156
Manafactareeof wool.... 212
J93,S30
do
do
do
'.^ .-
'-••
Valnp.
PkBS.
Valne.
226
529
aso
690
35,94 )
43,401
163.579
s
a
•
.at
;8g
•
;f3
2ll,3-,'3
Woods
Cork
194.095
Fustic
16.071
Logwood
Mahogany
351,310
31,150
151,669
15,625
211.402
ir,£17
*o
si"
Jl
•—
••-:
is
00
*-4
Receipts or Domestic Produce.
The
receipts of domestic produce since January
for the
same period
of 1877,
Since
Same
pkgs
Breadstufis—
bble.
Flour
Wheat
bush
Corn
"
Oats
"
Ryo
"
Barley&malt
Grains seed. ..bags
bbls.
Beans
bush.
Peas
Corn meal.. bbls.
Cotton
Hemp
Hides
Hides
Hops
Leather
Molasses
Molasses
bales.
"
No.
bales.
bales.
sides.
1,914
19,681,990
11,354,119
3,6;8,-29»
I,39»,.3S5
8,030,079
116,905
84,402
411,127
82.769
428,287
1.917
77,073
56,713
43,679
1,748,671
hhds.
bbls.
Maval Stores—
Crnde tnrp..bbls.
Spirits turp "
"
Boaln
"
Tar
8,407
Pitch
bbls.
Oil cake
l,6i;0.497
1061609
1,7-36
24,110
130.469
11.193
1878,
and
pkgs,
1,084,346 Oil, lard
1.149,105 Peanuts
8,161,619 Provisions
3,369,428
Butter
289,586'
Cheese
1,343,152|
Cuttneats
73,118
Eggs
39,726
Pork
bbls.
bags.
pkgs.
"
"
..
"
"
"
109,033,
Beef
Lard.
306,56r
Lard..., ...kegs.
141,376
2,422
94,130
1,692,025
28,107
1,681,312
363
04,928
865
22,357
117.800
13.069'
.
.
Rice
..pk^s.
Starch....
(t
Stearine..
Sugar
Sugar
Tallow
Tobacco.
Tobacco.
.
Whiskey
Wool..
.'.'.bbls.
hhds.
pkgs.
hhds.
.bbls.
bales.
Dressed hogs
.
.
No.
£' i S"22'2i
Og-
Since
Same
Jan. 1,'78 time 1877
Jan. 1,'78 time 1877
Ashes
1,
have been as follows:
•OMt-^-S
•3 CD
J
.
o®'^**^
*
ot
781
205,700
6,4-7
34,931
1,958
1-4,466
6,073
53,485
375,507
450.95"
584,627
259.323
235,677
408,016
271,399
16,320
89,060
402,548
17,117
81,343
183,148
20,172
1
1-2,306
171,132
10,590
474
10,466
35.667
69,037
88,291
80,206
19,281
19,807
ai^'r»"W
•-•
.WIS
•
tctO
412,.366
9!,!.35
16,516
148,340
9,524
165
11,445
30,728
80,1(4
21,388
73,645
11.087
59,048
* -J '«3»-'
* t~ o
.COr<
,
;o
-,©
OQ
2
Crr
«*
?R
ir
00-101
O^ •^ ojl-
•
,C005 CO
•
.
•—
T"^,'^
^ '^ O ^ trSc^c
CO
<Si
OtCO
-.
^.Q0,*>.0^
a
S!
i
:
:
i
•
:
•
i
,
:
-
•:••
3
•
t
•
:
ll
:
:
•
:
1
OS
O*^
^
aS OS
eD^
OOM
flO
B" «
r^
a. --
o.
"s
:
"13
:
aoS
a a
^
JuNB
THE CHRONICLE.
I878.J
1,
UKNBKAL
GUNNIUB.— See
V
PoI.tntlCIl
11
4V»
».
V
6<m«— Stale common
sue,
bbl.
bbl.
V
uu
t>
",i
SO
40 DO
1« 90
25
iiuiiniiiK
3-.
'fl
:^3
1)0
33 00
15 00
23
IS
Hemlock boards, each
3<i
'^7
a
V.M.ft.SOOO
keg 2 40
Maple
a
a
35 OO
'i
'0
5-23
< 95
'^ 8^
Lead, wn. Amer., pure dry
TV-S
9
Sine. wh.,Amer. dry. No. 1
Elnc, vh., Amer.,No.l,ln oil
Paris white. Er.4., gold... V lOO
5
«a(W— :0<a6itd.c.-m,fen.*
4
*
wh.Aiii.p ire. In oil
S)0
tt
,
BOTTKR— (Wholesale
a
'.25
Cutsptkes.allslzes
a(nM— Ld.,
a
8h.()i
3ia.Alonger
OllQCb, IH to
3dan«...
a
a
fi
a
a
170
ft.
Prices)—
Tubs. eooi^ to choice StaieCiiew)
Wes'.'n cr'ain ry<Mtocli
'
to choice
Welsh, State,
**
Western da ry, (air to pr,
V
gd
lb,
J5
6
9
75
,
13
18
"
14
17
"
10
13
CHKKSB—
State factory, prime tocholce....1i«i
Western factory. K*d to cho!ce,. "
a
7
LlverpoolKae cannel
Peiin.
D.L&W
Bched.
Auction.
May
NewSt'mb, . »3
Grate,
3
3
Rt(g
Stove... 3
o.&u. e.An.
Bched.
N. Y.
Harbor.
2».
Hoboken.
15
»3 I^S
45
eu
3 tS
3 55 a3 60
3 73
3 •»
99
Cti'nut.. 3 40
50 ceatB
....
8 fiO
12 OOa '3 00
show prices at
Liverpool housenannel
ANTHRACITE— The following win
last aactlon or pr<^ceut t^ctieduie rat^^S"
burir,"
8
a
a
8
COAL-
ftw.
L.
Sched.
Port
JohQ%i*n.
( ...
tS 60
3 60
3 71
3 60
New
York.
UK—
U-jt r
Uio, ord. car.tOandilCdays.gld.fi
do
doialr,
'lo^ood,
lo prime,
Java, mats
do
do
—
gold.
••
14«
i«x*
16X4
17X3
irold.
*•
gold.
gold.
"
"
Satlve (Jeyion
goic
"
Mexican
gold.
"
'Jamaica
gold.
gold,
*'
isHi
**
"
Sav4i;IIla
gold
gold.
gold.
13
13
13
IS
Costarica
void.
*
.,
Maracaibo
Laguayra
L>otningo
St.
JTTON— riee special report.
UOPPKK—
Dolts
Saeithmg, new (over
20
15
IS
**
"
V
ft.
12 ot)
;«x
16
17
16
(«
a
m
...
V
ft
HX
a
18
Uastorol),B.I.Inbond. «igal..gold.
UauBtlc soda
* 100 B
"
Cilorate potash
Cjchlneal, Honduras, silver...
Cjchlneal .Mexican
lA
17
....8
1
15
90
3 60
-,8
-iModa, Newcastle..*
I-l
a
4
(0
IS
5H
4 10
1
Layer, new
Loose, new
nom,
21
27"
2«
29
28
23
it
'xa
»
22
7X
5X
a
a
•h
8 50
a
47xa
75 a
50 a
2'£
1 15
17
1
a
43
1
1
a
50
1
1
....•
Dom&tti^
DrUd—
Apples, Sonthem.sllcod.,,,
do
do
quarters
do
do
a
u «
>xa
a
a
a
50 a
6
19
8
i
quarters,
4
Peaches, pared, Ua., good to choice
do
unpare^, halves and qrs...
Blackberries
Kaspheirles
Cherries, dry mixed
rmiEs,
•
f^U.",
Stat
^LOtC
whorileberrles,,,,
to
4
State, sliced
do
a
a
M'A®
12XO
Ma^^.^ronl. Italian.
•••
„..,
63
10
i
4
00
(I 22 00
20 00
"
* ""
11 00
13
00
3 3?
1 65
2 15
7X
4Ha
quarter box
20
22
®
a
1?^
.?''
:3
4
10
Figs, layer
V
a
3 30
French
Sariiliiea,
m"
7X
....a
Canton Glnger.wb.ft hf.pots. V case.
dardlne^, f half box
i>rv-Buenos A]ires,selected.VftiCol« 20 a
"
Montevideo,
do..,,
19xa
"
Corrlentes,
do
18 a
"
KIo Grande.
do..,.
17X9
*'
Orinoco,
do....
17Xtt
"
Calll'ornla,
18 &
do....
Mutamoras.
do ..
ire<5ai!«d-Bacn. Ay, selected
Para,
do...,
California,
do....
Texas,
do
**
a
7
a
3Xa
•'
9X
J«
Sxa
cnr.
£. /.«locil:—Cal. kips, tlaught, gold
*•
Calcutta kips, dead green..
10
11
a
a
13
10
8Va
Calcutta, baffalo
9X
HOPS—
New Torks. com. to med.. ,•
good to prime ...
do
Eastern
Wisconsin
Old
9
11
i
Yearlings
INDIA KUBBKKPara, flue
Para, coarse
Usmaralda, prebsed, strip,,
Guayaquil, p'-essed, strip.
47X
a
36
Panama strip
Carthagena, pressed
SI
38
S4
Nlcari^gua, Mheet
Nicaragua, scrap
Mexican, sheet
Honduras, sheet
'
Plg. American. No. 1
Pig, American, ho. 2
Pig, American. Forge
Pig, Scotch
V
ton.
*
it""
8
00
M
a
a
a
a
a
<
a
a
o
27
^2
13
«
4
^1
11
10
Ralls, American
Steel rails, America
&
»
gold
100 lbs,
cnr.
V
c.)
24 JS
50
5
a
a
44 00
srx*
6 40
a
LKATHEK-
Hemlock Bnen.
"
common
"
lilde.h.,
6ii
a
i9xa
19 a
A'rea, h.,m.& l.Vft.
California, h., m. & 1
20
,
**
sh
a
...
m. &1
2!
20X
21
a
a a
a
rough
Slaughtercrop
Oak. rough
Texas, crop
2!
26
25
V
25
27
30
26
a
"
a
3s
"
**
36
Nominal.
Nominal.
••
"
"
32
(3
'.S
a
»0
45
bbl. 2 OU a
"
2 OO a
"
2 00
Pitch, city
Spirits turpentine
V gal.
29X4
Rosin, strslned to good strd.V bbl. 1 45
••
1 75
low No. 1 to good No. 1 "
" low No. 2 to good 1^0 2 "
1 51
*•
2 50
low pale to extra p 'ic,. **
•
"
wlndowglass
3 73
2 25
2
a
2
N UTS-
V
Brazil
4
Flliierts, Sicily ...,
1
!2X
Walnuts, Naples
Pecan
00
@
12
4xa
Bxa
OAK OU—Natt.U.S. Nary & best V ft.
OILS—
V
gal,
**
58
*'
31
"
60
55
15
"
••
"
"
lox
3j
1
a
a
a
a
91
1
**
12
a
a
a
a
a
as
1 10
**
09
45
I
a
15
59
ii
•M
57
47
91
Crnde,
Cases
In
V
bulk
gal.
"
Reflned
•'
Naphtha, City, bbls
"
V
a
15 n:)
a
30 50
7X3
7X
l4xa
16
.a
lis
6X
a
6
bbl.
9 i;2x
*•
**
"
*
ft
a
a
1178
Hams, smoked
**
Lard, City steam.
V
,...
ft.
"
**
"
bath.
36
290
W
Kellned,pnre
Nitrate sod*
"
350
900
Tsatlees, No. 2
Tavsaams, No.
I
Ke-reeled Tsatlees. best
Re-reeled Coogoun, Mo.
1
8X
®
a
a
10X»
per 100 Ib.gold 623
"
ex
.a
.a
... ,a
i i
SALTPETRE-
4X
8X
a
6
V sack,
<>
,
OJ
..'.'^S
SALTTurk's Island
St. Martin
Ltreroool Asbton's fine
12 00
a M
19 50
4
**
amy paid
....
&
1st
16
6sa
6x
a
9
14
wa
loxa
car.
n>t
....a
....a
...a
....a
Good
,
V "ft.
8Xa
7X»
"
refining...
Prinie
Porto I'.lco. refin fair to prime
Boxes, clayed, Nos. i0@12
Centrifugal, >os. 7®13
....a
9
i<
»
10
••
•'
'*
-
"
••
N08.9®11
if^;Jn«d— Hard, crashed
Hard, powdered
do granulatel
do cut loaf
Coffee, A, standard
do
ofl A
Brazil.
WhlteextraC
FxtraCilo
Yellow C
Other Yellow
TH
7 5-16
7 7-16
7 9-16
7X9
7X'a
7X»
5X4
7
"t
7V*
63f*
9xa
.
Melado
a
..
"
"
"
"
"
2x
•H
••
"
9
•
"
8
••
"
..
,
7X
••
Molasses sugars
:a
8XS
8X»
a
7Xi
"
..,
«
w
city.
Out-of-town
a.
•'
TEA—
t4yi?uu.Commoh to fair
cur. V ft
do Superior to flue
Jo Extra line tr. finest
Choicest
do
Voong Hyson, Con.. to fair
do
Super. to flue
do
Ex. Qneto finest
do
Choicest
tiunpuwder, com to fair
do
Snp.toflne
do Ex. fine to finest
do Choicest
21
Sno.to
(.0
45
73
21
33
50
80
22
30
49
17
19
2C
23
39
24
so
42
60
21
do Choicest
Bouc.ft Cong., Com. to fair
fine
Rx.flnetoflnest
Choicest
Banca
gold. V ft
*•
4 79
4 IS
4 35
a
29
35
....
IIX
6 50
a 62X
a
• .,.,
a
a 4«X
3
fibzg
••
®
..
«1
d. 5 80
5 73
5
5
6
73
<3
Mannfac'd.ln bond, black work
*'
" bright work
it
14
fl ft
32
30
40
ss
.,.
2s
2i
19
12
28
29
21
2S
le
IS
Fair
Inferior
Barry
S)ath Am.MerInc, nnwashed
Gape Good Rope, unwashed
Texas, fine. Eastern
Texas, memnm, Eaetern
gold.
Smyrnk.aniraslied
.•
Com.btkAbn.Vbo.
Wheat. biilK* bags..
Vice.
Beel
*bt>I
Folk
r-tTMAH
.
$.d. ». d.
..,• X
2 9 »....
Vl i i4'J0
8
8 «....
90 a 9 8
a.-
30
'25
35
to
27
3»
50
75
2<
40
55
75
nx
UH
ast
a
a
9
a
a
•
a
a
a
a
«
a
a
a
Z
a
a
a
a
a
a
a
a
a
14H
550
SCO
IX
5X9
10
Pa. assorted lots, '78- "77
Yara, 1 and II outs, assorted
Havana, com. to fine
Heavy goods. .V ton.
_
a
a
a
a
a
a
a
a
a
a
....a
Kentncky lugs, hearr
*»
•*
'•
leaf,
com. to fine.
Seed leaf— New Eng.wrapper»'7«-'",7
•'
flllerb, '76-'77 .
do
ToLlTSBPOOL:
Corou
*».
Flour,,...
V bbl.
a
30
45
60
TOBACCO-
KREIGHT8—
a
i4x;
•
Amerlcan S .\
American. Nob. 1 A 2
American, Combing
Extra J'nUe!
No, 1, Palled
California. Spring ClipSuperior, unwashed
a
Nominal.
Oolong, Common to lalr,*««*
do Superior toflne
do Ex flneto finest
TIN-
4S
Nominal.
fine
Snp'rto
:«
85
20
no
Kxtrafine toflnest
Hyson Skln.&Twan, com. to fair.
do
do
Sup. to fine
do
do
Kx. fine to finest
Uncolored Japan, Com. to lair
ao
Sup'rtodne
do
Ex.flnetofinest
do
do
do
a
^ a
39 a
WOOL-
KICKFatna.
20-1
3 59'
"
quality "
Inferlor to commonreflnlrg...
F«Ir
English, reflned
Plates, I.e., coke
Plates.char.terne
"
Carollna.falrtoprlme
Louisiana, lair to prime
Rangoon, In bond
a
la
SUGAR-
Straits
"
Beef haiiis, Western
Bacon, West, long clear
a
08
....
l
12
PK0V1810HS—
Pork, mess, spot
Pork, extra prime
Pork, prime mess. West
Bi.'el, family mess
Beef,extra mess
0;:
1
Store frunf.
52X
CAKK-
City, thin oblong, bags, gold, » ton. 33 00
Western, thin oblong (Dom.)car '* SO 00
PETROLEUM—
2
"
"
Vgall.
Tl ....
Imperial, Con). to fair
4
9Kia
SILK-
U
12X
®
&
SO
lb.
.'S
SO
a
a
a
a
OIL
"
"
8TBKL—
Prime
gal.
*
Cotton seed, crude
Olive, in casks VI gall
Linseed, casks and bbls
Menhaden, crnde Sound
Neatstoot. No. toextra
Whale, bleached winter
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil, Nos. I and 2
••
lALLOW-
Cubs, Mna.,refln.gTM8,50l est.
do
do grocery grai'cs.
Barbadoes
Demerara
Porto BIco
N. O..com. toi'rime
Almonds, Jordan shelled
*•
••
N,
(Cal.) dellr. In
gai:.
<>
Manila, sup. and ex. sup
Batavla. Nos, l'J@12
....a
ft.
,
Brandy, foreign brand
Kum—Jara,,4tb proof
St. Croix, 3d proof
Gin
Whiskey, Scotch
do
Irish
Domestic liquors^
Alcohol
American blister
American cast. Tool
American cast spring
American machinery
American ^lerman soring
@
S'j
SPIRITS-
34
P}-icefi,
6
3
.,
,-..
9xa
l8;ad—
Ordlnarylorelgn
Domestic, common
Bar (discount. 10 p.
"
'•
Sheet
...
.
Encllsb machinery
English German, 2d
5-10®
N
,
<»
Store
8S
4S
gold
I4H«
!7 10
iS 16 00
43 in
ft,
English, cast, 2d&lBt quality V< ft gold
English, snrlng,2d & st quality.
English blister, 2d & Is t quality., "
a
.
V
....
5
2 S-IO
gold.fift
U'H&
II
treble, com.
4
3xa
36 00
? ton, car. 32 00
I
a
33
13 00
2
4
Cloves
do stems
Whisker
a
«
Hoop, :'(..t.No.22tol&;Xx iS&U "
Sheet, KuRSla
Sheet, single. doable
Crude
3Xa
axa
26
20
lb.
car.
Mace
N utmegs Batavla and Penang
Pimento, Jamaica
Brandy
16 SO
15 50
14 60
23 30
7S
I
1
S7X«
75 e
a
®
®
33
3
commoo
77>
,,.
100 ft.gold,
Pepper, BatavU
Singapore
do
white....,
do
Cassia, China LIgnea
Batavla
do
Ginger, African
do Lialcutta
37
33
34
IRO^--
1
I
1
SPICES-
34
®
40
1 90
forelgJ
20X
18,'^
1
a
,
Flrtxser-d, ,\merlcan. rougli
Linseed, (Jalcuila
fi 56 ft. rol'.
LIutecd Bombay
V (( > (>l'i.
Forelgn
Domestic,
13
1 »J
1 «0
tiasb,
«i
Uanaty, Sicily
Canary. Dutch
Hemp,
'Va
7Sa
«
,....f ft.
SUtc
Timothy
Canary, Smyrna
8PKLTKR-
H
nx
»
'*
Clover, Western
CloTcr, New York
8X
6X
JO
19
16Ha
"
1
ixa
Valencia, new
Carrants, new
Citron
Prunes, Turkish (new)
do
fates
20
18
ruuiTdo
do
do
50
59
•i
5x<a
Br'dBk.ft leorge's (new)ood.»qtl. 2 23
pr.bbi, 18 00
Mackerel, No. 1,U. shore
Mackerel, No. 1, Bay..
'lackere^No.J Mass. shore
9 00
Mackerel, No. 2, iiay
12 50
perSOlb.frall
(xa
SXS
4Xa
7
HIDKE-
IIX
23
23
2SX
Fisa-
Ralslss.Seeaiess
,•*,
a
25xe
'•
gold
Shr-'I Lac, 2d* Ist English. .Va.cur.
»i 100 ft. gold
Soda ash
Bagar of lead, white. prlme,Vftcar.
"
_V;trlol, bine, common
I
bS
gold.
cnr. 3
100 ft,
"
Tar, Washington
Tar, Wilmington
50
Am. .cur.
Khnbftrb, China, good to pr
•'
Jute
NAVAl, 8TOKE8-
3 M)
CO
;
cJulnlne
a
"
Blsal
3H
8
Licorice paste. Sicily
Prusslate potash, yellow.
Qalcksllver
a
.& 21
Ucorice paste, Spanish, solid., .gold
'•
Madder, Dutch
••
M»dder, French, B.X.F.F
cnr,
Nutg!ills,hloe Aleppo
"
O vitriol fee Brimstone)
(In bond), gold.
Opium, Turkey
11
23
3 75
cur,
"
Cubebs, Rast India
gold.
Catch
••
per ICO lbs.
Gambler
.. -cm.
Olnseng
"
Glycerine, American pure
"
Jalap
**
Licorice paste, Calabria
*'
al95 00
go1d.2C0 00 a ..,.
" 970 00 a?79 00
fift
Cuba, clayed
uxa
.
powdered
60
UULASSES—
Hi*
a
e
car,
*•
refined
VrtoD. 170 00
Manila
19H
....a
Am
Create tartar,
e
a
i6sa
gold.
Argols, crude
'*
AfgolB.redned
"
Arsenic, powdered
**
fi
Bicarb, soda, Newcastle. 100 ft
Vftcnr.
BIchro. potash
Bleaching powder
V UO ft. "
Brimstone, 2q<s &3r(lB,per ton. gold.
Vtft.,car.
Brimstone, Am. roll
Camphor
is
18
....a
dr Alters '(over 18 oz.)
Alnm, lump.
nx
a
i4Ha
American Ingot, Lake
DKUU3 & DVKS-
Amerlcan dressed
A:nerlcaL undressed
Kusala, clean
Scroll
per ton a'idlUonal lor delivery at
>
a
BBr,SwedeB,ordlnary8lieB..*ton.l30 00 ai32
10
4
a
ft
'^7
(HI
VO
LumDer-Pine.g'ito ex.dry «i M It.
Pinr.thlapluK box
do tally boards, com.to c>i.*>«ch.
oak
* M, It.
A«h,good
Black WKlnat
4r>rucQ boardB A ptauks* each
f
« 6 00
(U
a UO
a ....
a ...
a ....
a S? 00
a 00
®
a 40 00
a 00
al-'5 00
a
17
a
fi^
;
W
PbtlsdelphU
(;<m<nl— li 'seiKime
lOU
Italian
M
^lc4:i— Cummon aaril,>aoal..V
Crocon
V
UKMP AND JUIKCK
tSAOarUKI'S— 8eo»!iflC1»lrapurt.
BUILUINU MATKItlALS—
BEKDB-
r;port under Cotton.
North Hirer shinp'ur
'MU.'SS OLJftKRiNT
557
12
35
7
10
«in
1 19
18
40
38
42
4S
W
»
2g
24
18
15
30
80
27
29
IS
SAIL.—
,
-,
t^^d.
t.d.
l&-6lcomp.
3a
2
22 6
1
7
a 2B0
....
a
a
...,a
,.,.i
. . •
3
S
3«
:
:
THE (CHRONICLE.
558
Insurance.
Commercial rard§.
&
Russell
Boston Agency,
Ilepre>entetl
1
MUKKAY
FORBES, J
Ckntral Street.
North
Watee
105
Hong Kong &
Incorforated
1809.
in
UyiTED STATES BRANCU
54 William
Shanghai
St.,
New
Cor. Pine,
& paid-up Capital (gold)
Reserve for all fire liabilities. Including re-insurance
Net File Surplus and Reserve
Called-in
Co.
Insurance
York.
1866.
Established December,
Mutual
Hong Kong.
Office,
ATLANTIC
N Y
Banking Corporation,
Head
OF
AND EDINBURGH.
LO>JDO!V
JB.,__
St.,
and Mer-
British
cantile Ins. Co.,
OFFICB OF THE
by
W. PONJEKOT
S.
Iii§urance.
Co.,
C OM MISSION MERCHANTS
AND SHIP AGENTS,
Bong Kong, Canton, Ainoy, Fooclioiv,
Suauglial and Hankow, Cblna.
J.
HO
[Vol. XXVI.
tl,a;o,000 00
3,425,978 97
4,281,557 49
liepresented by
8.
W.POMEROY
Jb.. 105
Wateb
K. Y.
St.,
Cash and Invested Assets fKold).$7,900,536
Subscribed Capital, for which ttie
Parker,
Charles E.
New
COMMISSION MERCHANT,
BOSTON.
14 Excbange Place,
Post Office Box
8.634.
&
Olyphant
Co.,
COMMISSION MERCHANTS,
Kong Kong, ^Iianglial, Foocbow and
Canton, China.
10 4
New York
&
John Dwight
.
Co.,
January, 1877
2,040,363 61
SODA.
New
Fire Assets held in the U. 8...$ 1,710,964 29
The above does not Include the Life and Annuity
Funds, which, by act of rarllameiit, are In a distinct
and separate department, for which the surplus and
reserve of the rire Insurance Department, named
above, are not liable.
CHAS.
E.
WHITE,
Co.,
Marufaciurers and Dealers
off from Ist JanuDecember, 1877.
{4,902,331 08
Losses paid duiing the
ary, 1877, to 31st
.
BLADGEN,
V.
Direct Line to France.
. .
The General Trans-Atlantic Company's
Mail Steaiusliipg,
1^,565,890 37
BETWEEN
NEW YORK AND HAVRE.
Calllnfr at Plymouth for tlie landinz of Passengers.
Tue 8plel2dla vessels on tills favorite route, for the
caolns provided with electric Ijells— will
the following Asseta, viz.:
Bank and
—
New York
Contlntut
other stocks. $10,565,958 00
Loans, secured by Stocks and otherwise
Real Estate and claims due the Company, estimated at
Premium Notes and Bills Receivable.
1,163,8;0 00
sail fi-oni I'ler
No.
4;i
North Klver. foot of Morton
St.,
as follows
•VILLE OE PAKI8, SantelU
•ST. LAIIKENT, Lachesi.ez
L A (iKADDK, Sm.gller-
..
,
Wed.. .Tune 5. 9 A.M.
Wed.. .June li, 3 P. M.
Wed.. .Juno 19. 9 A. M.
IN GOLD (lucludtng wine):
cabin, $H)0; second cabin, f 5; ttiird
steerage, |:j&— Including wine, bedding and
PRICE OF I'ASSAllE
To Havre— First
617,436 01
1,764,39-3 63
CashinBank
lo
SAM.
Manaoeks.
with Marine Risks.
Stock, City,
Turner
$765,658 51
945.406 75
Steaiiisliips.
Prtmiums marked
United States and State of
York.
$8,750,000 00
ble, nois'et cilled in
upon Fire disconnected
The Company has
Snpplied.
46
lia-
Reserve for total Liabilities, inclnding re-insurance, in the U.S.
Net surplus in the United States.
Returns of Premiums and
Expenses... t947,9S3 86
OF
&
Ist
earae period
SUPE R-C ARBOIV ATE
Brinckerhoff,
:
Rlske, Bor
MANUFACTURERS OF
No. 1 1 Old Mlp,
The Jobbing Trade ONLY
The Trustees, in conformity to the Charter of the
Company, submit the following Statement of its
affairs on the 3l8t December, 18T7
Premiums received on Marine Risks
from 1st January, 1877, to 31st December, 1877
K710,665 83
Premiums on Policies not marl^ed off
Stockholders are personally
No Policies have been issued upon Life
CO., of Cblna,
"W^all St.,
23. 1878.
Total amount of Marine Premiums. $6,751,028 44
bepbksknted by
OLilTPHANT &
Tobk, January
255,36102
cal)In, ¥35
;
utensils.
To Plymouth, London or any railway station In
England— First cabin, $90 to #1U0, according to accommodation second cal>in, $'5; third cabin, $35, steerage. *a7, Including evorytlilng as above.
Keturn tickets at very reduced rates, available
;
COTTONSAILDUCK
And
all
kinda of
"ONTARIO" SEAMLESS BAGS,
"AWNING
STRIPES."
Also, AKOntt
United States Banting Companr.
A fall supply all
Widths and Colors always
No. 109 nnany
In stock.
strpfft.
E.R.Mudge,Sawyer&Co
AGENTS FOR
Washlngtoit .Tllllo, Olilcopee 3irg Co.,
Burlington AVooleu Co.,
EUertoi> New miilii,
Atlantic t'oiton mills,
Saratoga Victory IMfg Co.,
AND
Hosiery,
NKW
Slilrts
Six per cent. Interest on
the outstanding
be paid to the holders
on and
liOUIS DEBEBIAN,
Agent) 55 Broadiray.
after
The outstanding certificates of the issue of 1874
win be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesday, the 5th of February next, from which date all
The certificates to be
produced at the time of payment and cance'ed
Upon certificates which were issued for gold premiums, the payment of interest and redemption
will be In gold.
Interest thereon will cease.
A Dividend
of Forty per Cent,
clared on the net earned
is
Atlas Mail Line.
Bl-MONTHLV SKP.VICE TO JAMAICA. HATTI
CHLO-MlUAand ASIMNWALl,. and to PANAMA and
SOUTH PAt:lKlC POUTS (via Asplnwall.)
Fiist-class, full-poweted. Iron
No. 11. Vorth lilver.
May
J.
the Board,
H. CHAPJTI.1N,
I
Pacific Ports (vih Asnlnwai
ALPS
I
bupenur
ursL-ciHst,
PIM,
de.
be issued on and after Tuesday, the
By order of
St,
For Kingston (Jam.) and Haytl.
... June 6 ETNA
June S7
For Uaytl, Colombia, Isthmus of Panama and South
Secretary.
).
AILSA
June
13
passengei a4:coinmoUHticn.
* (;i>., Agents,
FOKWOOD
No.
premiums of the Company
next.
screw steamers, from
Pier
ATLAS
56
Wall treet.
THE OLD RELIABLE
for the year ending 31st December, 1877, foi which
7th of
Mills.
BOSTON,
YORK.
15 Cbaunoit
& 45 White Street.
PHILADELPHIA,
J W. DAYTON. 230 Chkhtktt Strfkt,
thereof, or their legal representatives,
through England and France. Steamers marked thus
(•) do not carry steerage pissengers.
For passage and freight apply to
Tuesday, the 5th of February next.
certiflcatea will
and Draivers
From Various
$14,366,351 66
certificates of profits will
COTTON CANVAS. FELTING DUCK, CAR COVEI!
LNG, BAGGING. RAVENS DUCK, SAIL TWINKS
*C.
Total amount of Assets
Stonington Line
BOSTON,
FOR
AND ALL POINTS EAST.
Not a Trip Missed
in
7 Consecutive Years.
THE ELEGANT STEAMERS
STONINCTON and RHODE ISLAND.
5PM
'
TRITSTEESi
JOSEPH GILLOTT'S
STEEL PENS.
Sold by alt dealers throughout the H^orid*
Charles Dennis,
W.
Lewis Curtis,
James Low,
Gordon W. Bumham,
William Sturgis,
William E. Dodge,
Joeiah O. Low,
Insuritiiec.
ORGANIZED APRIL IZT?
1842
^„
Thomas
Royal Phelps,
C. A. Hand,
William H. Webb,
Francis Skiddy,
Charles P. Burdett,
Alexander V. Blake,
Robert B. Mintum,
George W. Lane,
Charles H. Marshall,
«fffgSic.
UsijrFS.WINSTON.PRESIDENT
.
''tS E\/ERY
j nf
F. Votings,
John D. Hewlett,
Adolph Lemojme,
'^"'•y f ''°"'
Jay street.
PI'-'''
33,
North lUver, foet of
STEAMBOAT EXPRESS TRAIN WILL
LEAVE STONINGTON AT 4:3U A. M.
S.
D. Jones,
H. H. Moore,
Charles H. Russell,
David Lane,
Daniel S. Miller,
•
Hereafter the
Robert L. Stuart,
Frederick Chauncey,
Horace Gray,
James G. DeForest,
John
William Bryce,
Peter V. King,
Horace K. Thurber.
State-rooms and tickets secured at8t>3 Broadway and
otlices of Westcott E.vpress Company In New
tickets for sale at all
at all
York City and Brooklyn. Also
hotel ticket-otllces.
PROVIDENCE
LINE.
FREIGHT ONLY FOR
Providence. ^Torcester, Nashua and
all Points North,
steamers leave.
5 V> IH Dally from PIi r 29 North River (foot of
Warren
street.)
Freight taken via either line at lowest rates.
D. !>. BAHCOCK, President.
L W. FILKINS. Geniiral Passenger Agent.
.
George A. Clark
&
Bro.,
Charles D. Lcverich,
Edmund W.
Elliott,
William H. Fogg,
B. Coddington,
Thomas
Corliee,
APPROVED DESCRIPTlOn
IIFEXnB ENDOWMENT POLICIES
tmrsRhts as favorable asthose ofany otherco.
':ash7[ssetsmr$80.ooo.ooo.
J. D.
JONES,
President.
CHARLES DENNIS, Vice-President.
W. H. n. MOORE, «d Vice-P»esident.
A. A.
RAVEN,
3d Vice-President,
iniLW^ARD'S HELIX NEBDLBS*^
400 BROADWAY, NEW YOBK.
——
June
THE CHRONICLE.
1878.]
1,
Cotton.
COTTON
SEED TO LOOM
S
S
-r
Co.,
GENERAL
FKOM
1
&
Henry Hentz
KOimSMION
174
IflKUCHANTS,
176 Pearl St
A.
New Y*rk.
,
Advances made on Conalgnm^nta to
Rleaar*. JAlflFS
.
FIKLAY X
LIVKUPOOL, LONDON
CO.,
ASD GLASGOW.
Alio execute orders for Merct-Andtse tbroni^b
NOW READY.
The contents of
this
book are
We
Introductory
— Showing the
among other
made np from original
of India, showing,
The map
Is
W.
CHAPTER
sources and will,
CHAPTER
India production of Cotton Goods from Earliest Dates— Interesting' Review of the India
Export Trade in Goods from before the Cliriatian Era to the Present 1 ime, &c.
The Monsoons and their effect upon and relation to the Cotton Crop Also, the
past Production of Cotton in India and the present supply, with a detailed
description of each Cotton District from which the present supply comes Several
wood-cuts and full Statistics of the Trade, &c., &c.
—
—
CHAPTER
—
—
—
—
I
Fall
—
Vir.
—
—
—
—
—
of past receipts for a series of years, &c., &c.
CHAPTER
Prices of Spots and Futures, for a
Cotton
Movement
at
New
Long
New
Y'ork.
Richards,
(SnccesEor to A. L. IJICHARDS)
Shipping and Commission MercliaKt
No. 39 BROAD STREET, NEW YORK.
W. Lamkin &
Co.,
Cotton Factors,
VICKSBVRG, MISS.
Orders to Farcliase Cotton In our market solicited
Refer to Messrs. THOMAS J. BLAUGHTKK, New
York;
_^
McAlister
O
in ra I S S
I
&
Wheless,
CO rTON
O N lU E K C H A N T
S,
NASHVILLK, TENNKS8EK.
Special attention given to Spinners' orders.
spontlp.iice Bollcued.
Corro
„ ..
Rkp BR axois.— Third and Fonrtn National Bank;
and P rnr**-' 'tor, of Thw rwwAvTm.^
H.
J.
Baker
215 PEARL STREET,
.
&
Bro.,
NEW YORK,
New York
Prime
and Liverpool
York, &c., &c.
CHAPTER
Co.,.
LMPOUTERS AND MANUFACTUREIM OF
i^nalltr Chemical nfaaares.
VIII.
Series of Years, at
Pearl Street,
E. O.
C
Gathering and Marketing of Crop The Influfnces affecting Market When and why
a Crop will be Marketed Early An Analysis of the Movement to the Port* of Each
Crop from 1870 to 1877, and tbe Reasons tor Delays and for Haste Tables Showing
at Several Points in Each State the Date of the Receipt of First Bales, Arrivals
New Cotton to September 1, &c., &c. Also, Height of Rivers for a Series of
Years. All these facts are so arranged as to enable the reader to form a correct
opinion of the future. This chapter closes with the daily receipts and percentages
Co.,
COTTON BROKERS,
—
CHAPTER
&
&
Dennis Perkins
it
Cotton Enemies in Summer, Lice, Rust, Shedding, Boll- Worms, Caterpillars, &c.
Number Bolls to JIake a Pound, &c. Rainfall, Thermometer, Chronicle Weather
Reports and Agricultural Bureau Reports, from July to December, for 1870 to 1877
Tables showing Date of Frost and End of Picking Season at a number of points
Important deductions from this
in each Southern State for Seven Years Past
Review and Analysis of Weather for past Season?, &c., &c.
*
Orleans.
PEARL STREET. NEW YORK.
its
—
New
Co., 51
OIVKN
COTTON BROKER,
D.
VI.
its
Infonnatloo
Copeland,
Geo.
—
—
Growth
all
WATTS A
York, and Messrs. D. A.
Street,
e
t!
or dellverlcs.-
OTTON FACTORS & COMMISSION MEKCB AUTft
47 Rroad Street, Nemr York.
— Formation of the Bad, Shape, &c. — The Blossom, how
Color and Shuts and Falls — Formation of Boll— Habits of Blossom and
changes
Plant in Relation to Sun — Definition of Bottom Crop, Middle Crop and Top Crop
Summer and
New
Baronne
—
—
CHAPTER
64
HT
—
—
W
S JN,
V.
—
Planting Cultivation from January tj June How Land Prepared and Seed Planted
Old Lands being Reclaimed Early Growth of Plant Chopping Out Securing
a Stand Cotton Plant very tender in Early Life and tough afterwards Its Early
Enemies and Diseases Crab Grass Wet May and June Rainfall, Tliermometer,
eather Reports and Agricultural Bureau Reports, from Jauuary to
ClinoNiCLE
June, for 1870 to 1877 Very important deductions from the weather data, &c., &c.
—
Stane street,
136
IV.
—
—
Acreage in the United States Yield and Acreage by States since 1869 Possibilities of
Crops with Acreage given Growth in Acreage illustrated and proved Percentajje
of Production and Acreage in Each State, &c., &c.
CHAPTER
afforded by our (rtends, Meten. D.
Sawyer, Wallace
If.
I
and orden (or
sMpmenu
AdTancee made on consiKninents, and
History of Cotton in the United States from the date of its earliest production,
tracing the progress from year to year, with the inventions which gave the
impulse to that progress; also a table of receipts and exports at each out-port of
the United States from the earliest records down to 1877, &c., &c.
CHAPTER
COTTON
pnrebase or Bale of future
II.
Co.,
LIVERPOOL,
eoUclt cosslgnmenu of
I.
&
C. Watts
ai Broivn's Bulldlncs,
things, all of the
Object and Scope of the Book.
—
anO
gold on i;ommtna1on In Nflw Yorll and Ltverpool.
Ol^ IINI3IA.
Map
Lave prepared a large
cotton districts oftUat country.
we think, be found very useful.
CO.,
ic
CALCCTTA AND BOMBAY.
FtTTURK CONTRACTS FOB COTTON boDKht
as follows:
31A.I*
FINLAY, MCIR
nessrs.
'
IX.
Consumption of Cotton in Europe and the United Slates— Some Thonehts on this
Subject which may be Suggestive— Also, full Tables and Statistics Showing Past
Consumption, &c., &c.
Chemicals for the Vllle formulae, for all Crops
Chemicals for the Stockbrklge formulas.
Dissolved Uone— Sulphalt^ Ammonia, Nitrate FotasD
Nitrate Soda, Sulphate of Potash. Muriate of Potash
Super-phosphate LlmA
40 per cent actual Potash.
Also, strictly pure (jround Bone.
Our descriptive circulars mailed free. The materia
f .ir ppcrla! isrtlll7.ers for particular crops
Smith's Umbrellas.
This is a very brief summary of the contents of this book. It is a
81 00
large octavo volume of over three hundred pages, containing everthing the GINSHAM any »ize....
..
2 00
trade needs for reference, and drawing conclusions from the experience of GUANAOO patented
2 50
the past, which ought to make crop estimates in the future less difficult SILK, paragon frame
Fine Silk Umbrellas In great variety.
and uncertain.
I'mhrcllas and Parasols to order & repaired.
36 Fulton Street, near Pearl Street.
150 FnltoD Street, near Broadway.
Will bs mailed to any address pott-paid on receipt of price.
1«4 Broadway, near Pine street,
1188 Broadway, near JSith street.
near Canal street.
William St.,
Y. 405 Broadway,
,
.
Price,
Wm.
B.
------
Dana
&
Co., 79
HEVRT HERBERT,
Three Dollars.
&
8
N.
i
5 AuUiii Friurs, Old
Broad
St.,
London.
Established A.D. 1802
;
THE CHRONICLE.
Tl
Cotton.
miscellaneous.
Pirn, Forwood& Co.,
GENERAL COMMISSION MERCHANTS,
MANCHESTER
Cotton.
Woodward &
Stillman,
SEAMEN'S BANK BUILDING,
&
Nos. 74
76 Wall Street,
NEW
MADE ON ACCEPTABIiE
BOX 4964,
Nenr York.
O.
Execute orders for Future Contracts In New Yorfe
and Liverpool, and make advances on Cotton and
other produce consigned to
LEECH, HARRISON
FOR WOOD,
ic
LIVEEPOOL.
SECURITY.
Liberal advances
P.
Nenr Orleans, La.
OENERAL COMMISSION MERCHANTS
LOANS
BOX 613,
P. O.
YORK.
Also, execute orders for Merchandise In
made on Consignments,
Special attention paid to the execution of orders for
England, Cblna, India and Singapore.
UNDERWRITERS IN NEW ORLEANS
toe purchase or sale of contracts for future delivery
for the
Brltisli
of cotton.
&
Co.,
&
Bennet
Foulke,
GENERAL
AND
COMMISSION MERCHAINTS,
OENERAL COMMISSION MERCHANT&
131 Pearl Street, Neur York.
for the purchase Of sale of Contracts' for
Special attention paid to
he execnlion of
delivery of cotton.
made on
BLOSS & INCHESr
con*
COTTON FACTORS
Felix Alexander,
COTTON BROKER,
AUOUSXA, GEORGIA.
Entire attention gtven to purchase of COTTON on
ORDER for SPINNERS and EXPORTERS.
COERESPONDBNCK SOLICITED.
References :— Nntlonal Bank of Augusta, Georgia
Henry Hentz & Co., Commission Merchants, New
York; William B. DanaA; Co., Proprietors Commke
ciAL AND Financial Chronicle, and other New
York HouBea.
^
E.
&
Jemison
S.
{Successors to
Co.,
BANKERS, COTTON FACTORS
AND
GENERAL COMMISSION MERCHANTS.
Advances made on Consignments. Future Conon Commission, in
tracts for Cotton bought and sold
New Yorg and Liverpool.
GENERAL COMMISSION MERCHANTS
14a Pearl Street, New YorK.
Co.,
COTTON
CORDAGE,
FOR EXPORT AND
DOITIESTIC USF.
BANGS OF RIGGING MADE TO ORDER.
19i FKONT STREET, NEW YORK.
HOME
NEW VORK,
OF
OFFICE, No.
mCRCHANTS,
€OiriI?IlSSION
125 PEARL STREET,
NEW
YORK,
AND
44 Broad
Street,
Boston.
Liberal advances made on consignments. Prompt
Bersonal attention paid to the execution of orders for
le purchase or sale of contracts for future delivery.'
22
SHOWING THK
NetSurplus
HOUSSB TS
Mancbeiiter and Liverpool,
Banks
|16I,72" 5«
Bonds and Mortgages, hclnz
Bank Stocks (market value)
State and City Bonds (market
WALTER & KROHN,
COTTON BROKERS,
BEAVER STREET, NEW^ YORK.
132 Pearl
P.
O Box
Street,
New
3,909.
York.
Advances made on ConsIgBments.
Special personal attention to the purchase and sale
of *' CONTRACTS FOK FUTUKE DELIVERY " OF
COTTON.
R. M. Waters
64
&
Co.,
BROAD
ST., NEW^ YORK.
made on warehouse receipts and
ADVANCES
BUY AND .SELL cotton contracts and
consi^'nmeuls of cotton.
flrct-
clasB iavestment Becurit'es.
&
Co.,
COTTON BUYERS & COMMISSION MERCHANTS
60 Stone Street, Neir York.
Keal estate
Premiums due and uncoHected on Policies
Waldron
(Successors to
&
Tainter,
NOURSE & BROOKS),
GENERAL COTTON MERCHANTS,
97 PEARL STREET, NEW YOKE.
Future orders promptly executed.
7,871 20
Issued at this office
ToWl
$6,109,526 75
CHAS. J. MARTIN, President.
J. H. WASHBURN, Secretary.
^TNA
Insurance
Company
OF HARTFORD.
INCORPORATED
Total Assets, January
Unpaid losses
&
.
IN 1819.
87,115,6J» 42
1877
$3,000,000 00
1,741,273 43
1,
Capital
.
other
claims
429,114
82—
5,170,888 24
Liverpool &"
London &r Globe
COTTON BUYER
F.
Berje,
AITO COMMISSION
MERCHANT
Insurance Company^
NEWT ORLEANS, LA.
C. Johnson & Co.,
J.
4-5
J.
COTTON BUrERS FOR MANTJFACTtJHERS
MEmPVfl.v, TEVN.
Wire Rope
AND
STEEL
IKON of
William
E.
St,
PULSFORD,
Resident
Man aoeh.
LyOfnmercial
CHARCOAL
superior quality
MINING AND
HOISTING PURPOSES,
Inclined Planes, TransmisBlon
Also CMUi0f Power, &c.
ivanlzed Charcoal and BBfor
(union Ins.
are cut.
ALFRED
FLAT STEEL AND
IKON HOPES
'
for
order.
43 Broadway,
CO.c
New York.
PELL,
Resident Manager,
Mining
purposes manufactured to
JOHN W. MASON &
L^o.
{OF LONDON),
Rigging, Suspension
Uridges, Derrick Guys,Ferry
liopes, &c.
A large stocK
constantly on hand from
wliich anv desired length
(ships'
OrdWB la Futures executed at N. Y. Cotton Exchange
314,215 47
6ri,2;2 39
!35,201 13
12,500 00
Wenman &
suitable for
H. Tileston
value)
00
00
00
00
Jan. 1, 1877.. $1,945, 236 18
Co., NET SURPLUS,
James F.
BRANCH OFFICE:
COTTON BROKERS,
No. 146 Pearl Street, near Wall, N. 1. No. 173 Broadway, Kcw York.
Established (in Tontine Building) 1941.
JAS. A. ALEXANDER, Agent.
L.
FINANCIAL, AGENTS,
2,016,903
3,016,875
254,190
124,628
(market value of Securities, M2T,098)...
Interest due on ist of January, 1:^78
Balance in hands of Agents
Street,
MERCHANTS.
Hen on
Loans on Stocks, payable on demand
COTTON FACTORS,
AND
first
real estate (wortli »J,29S,2(X))
DE JERSEY &. CO. Edward H. Skinker & Co.
COMMISSION AND COTTON MERCHANTS.
H. W. & J. H. Farley,
97 Pearl
New York.
COMMISSION
$(>,I09,526 75
ASSETS.
SDMMARY OF
In
356.391 42
1,016,7U3 02
...
TOT.^L ASSETS
WILLIAM STREET, NEW YOBK.
Future Contracts for Cotton bought and Bold on
in New Yorls and Liverpool.
63
bIohanqb place, new york.
BROADWAY.
135
Condition of tlie Company on tbe first
day of January, l87S.
CASH CAPITAL
$3,000,000 00
Reserve for He-Insurance
1,836,432 31
Re-insurance fund.
sa
Company
Insurance
United States stocks (market value)
^__
COMMISSION MERCHANTS,
Sons,
niNILA, SISAL, JUTE & TARRED
Cash
&
R. Smith
B.
Knoop, Hanemann & Co
street, Boflton
MANUFA0TUSER8 OF
Reserve for Unpaid Losses ana
Dividends
Commission
No. 123 Pearl Street, Nevr Ifork.
Water
Henry Lawrence &
Macaulay & Co.,
COMMISSION MERCHANTS,
IIOOLY & JEMISON),
Treasurer,
40
Forty-Ninth Semi-Animal Statement)
algnment-w.
Wm.
Superintendent.
Manchester, N. H.
orders
contracts for future
Liberal advances
MANCHESTER, N. H.
Bl,OOD, W. O. MEANS,
ARESTAS
Future
Delivery.
for the purchase or sale of
liocomotlves and Amoskeag Steam
Fire Engines,
Special attention given to the execution of orders
NEW YORK.
Works,
MANUFACTURERS OF
of Liverpool,
Cotton Factors
COTTON EXCHANGE BUILDING.
Locomotive
Foreign Marine Insurance
Company
&
Ware, Murphy
[Vol. XXVI.
37
&
S9 Wall
Street,
@FedFRASER