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,

I

HUNT'S MERCHANTS* MAGAZINE,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OP THE UNITED STATES

I

I

VOL.

NEW

32.

YORK, JUNE

NO.

11. 1881.

Financial.

Financial.

Financial.

SEVEN PER CENT

&

Phelps, Stokes
I.

N.

PHELPS,

JAMES ST0KK8,
ANSON PUKLPS STOKES,
F. P.

Co.,

OF THE

BIVWDB
UAi^lltKBj

NATCHEZ JACKSON & COLUMBUS

New York,

Dae 1910,

&

47 irall Street,

Interest April nnd October, at
Bank of America, Neiv York.

ISSUE

Lengtb of road 100

TBATEIiERS' OREDI T.S

For Sale at 97 "a and Accrued

COMIHERCIAI. CREDITS.
LONDON C0BRKSP0NDKNT3
&

Messrs. C.
Son.

:

J Hambro

Banque

RRITTON

(Drexel Building),

Antwerp.
Capital,

-

Fb. Dhanis (Michiets Loos).
Jou. Dan. Fuhk.mann. Jr. (Job. Dan. Fuhrmann.)

Stocks and Bonds bought and sold on commlsaloa

Bzcbange.

Advances made on business paper and other

Wm. D. Hatch,
Member N.

Wm.

B.

Kznuali,.

Y. Stock Exch.

National Bank,
S.

Special attention given to collections. Proceeds
promptly remitted at best rates. Acccunts of
Banks and Bankers solicited.

BANKERS AND STOCK BROKERS,
Corner Toronto and Kinar

Strcett),

TORONTO, CANADA.
Stocks, Bonds, etc., bouKht and sold for caeh or on
margin. Drafts on New York and London and American and Sterling Exchange bought and sold. Collections made.
Correspondents— Bank of New
York. New York Alliance Bank, London.

STREET,

BANKERS AND BROKERS
Refer to Uessrs. FisE

& Hatch.

&

A. H. Brown

Co.,

BANKERS AND BROKERS,
T WaU St., C»r. New, New r«rK.
INVESTMENT SECURITIES.
Special attention to business of country banks.

Gbo.

Buchan,

WALL

No. 31

C.

Thomas.

Jos. m.

&

Thomas

BHoxMAEm.

Shoemaker,

BANKERS AND STOCK BROKERS,
134 Soutli Tliird St.,
PHILADELPHIA.
Dealers in all issues of United States Bonds,
investment Securities a specialty. Correspondence
invited and full information upon financial subjects
furnished.

;

$400,000
400,000

'

tlated.

LiNDLEY Haines

H. Tatlob, Jr.

H. Taylor

&

Co.,

«6

STOCKS AND BONDS BOUGHT AND SOLD ON
COMMISSION.

Taintor

Lummis

&

Day,

DREXEL BUILDING,
and BROAD STREETS,

Cor.

BANKERS AND STOCK BROKERS.
WIIXIAM LUMUIS,
HENBY DAY,
Member* of New Tork Stock Bzcbange.

Lloyd
34 TYALI.

6c

McKean,

STREET, NETY TORK.

Buy and

sell— on commission—Oovemment, Rail
Securities. Receive deposits
subject to check, and allow Interest on balances.

way and Miscellaneous

Levy,

OF LEVY
DEALER

INTEREST

allowed on

ib

Bu7 and

sell

GOVERNMENT, MUNICIPAL and

bonds.
Private telegraph wires to Providence and Boston.

G. E.

GEO. H. HOLT.

TAINTOR.

C.

I.

Hudson

&

Co.,

EXCHANGE COCKT, NEW YORK,

at the

Branch Office and Private Wire
"Cu:MnEKLAND." broiidway and 'iiiX

Buy and

Street,

sell on con^mlsslon, for Investment
ail securities acalt In at the

marKin.
Stock Exchange.
R. B. Leab.

or on

New York

c.

I.

Hudson,

t.

h

Member N.Y. Stock Excb.

CintTis.

BORG.)

IN

All Classes of Inrestment

Secnrities

AND
MISCELLANEOUS BONDS AND STOCKS,
No. S Wall Street.

balances.

3

WALL

w. c. McKean
Member of N. Y. Stock Exch 'ge

Llotd.

L.

RAILROAD

BUYS AND BEIxLS
State, City and County Securities.
CORRESPONDBNCfi SOLICITED.

p.

(I.ATE

STREET, NEW YORK.
TRANSACT a GENERAL BANKING business.
received and

Joseph

Holt,

WALL

No. 10

DEPOSITS

NASSAU STREET,

&

BANKERS,

Securitlea.

Aug. T. Post, Banker,

Co.,

BANKERS AND BROKERS.
BROADWAY AND 19 NEW STREET,
NEW rORK.

SOUTH THIRD STREET,
PHILADELPHIA.

Oeposita received subject to check at slKht, and
Interest allowed on daily biilnnces.
Stockfl, BoDda, &c., bought and sold on commlsslOD
in Philadelphia and other cities.
Farticniar attention fflven to Information regard*

Kohn &

Glazier,

Bankers and BroKers,

Hob. 84 and 35

Co.,

BANKERS,
UNITED BANK BVILDINQ,
WALL STREET, COR. BROADWAY.
STOCKS, BONDS <t COMMERCIAL PAPKR.

A. L. Schmidt, Ooihler.

&

YORK.

York.

DEPOSITORY,
LOUISVILLE, KENTUCKY.

Accounts of Banks and Bankers solicited.
Collections ma e upon favorable terms.
Strictly first-class Investment Securities Nego*

23

New

Street,

Pres't.

U.

Cashier.

BOSTON,

ng Investment

&

(Members of Toronto Stock Exchanfie.)

Bddt,

CAPITAL,
SURPLUS,

140

B. B. Bacon.

Gzowski

Maverick National Bank,

L.

Pine

GEO. A. Lewis,

A

J. J.

ST., N. Y.

Bacon,
BANKERS AND BROKERS,

Cie.)

GENERAL BANKING BUSINESS.

HwiB

CLARK.

First

Ad. Frank (hYank, Model i, Cie.)
Aug. NOTTEBOiiM (Nottebohm Freres).

p. Pottih, Prest.

WALL

W. Gallaudet&

securities.

8.

(

Asa

27

P.

8413.

at N. T. Stock

BOARD or DIRBOTOBS
KXLix Qbisab. President.
_
AxrBKD .MAQUiNAY (Gr»ff t Maqulnaj). Vlce-Pres
J. B. Von deu Becke V<m der becke & Marsilr).
Otto Gitnther (Corneille-Davld).
£mii.e de Gottal.

TRANSACTS

BURR.

'Bnj and sell en commission ail Securities dealt In
at the New York Stock and the New York Minlnz
Exchanges. Deposits received and Interest atiowed
on balances.

9,000,000 Francs.

Locis WKBKU(Ed. Weber & Cie.)
JCUES HAUTE.NtirKAUCH (C. Schmid &

Interest.

dc

BOX

ALEX.

3

FaldUp

bonds

STREET,
NKW

TO CEI>AR
P. O.

Further particulars farulsbed upon appUcation.

Clark

Anversoise,

Centrale

niilee; wliole issue of

$600,000, being $6,000 per mile.

CISCCI.AK NOTES,

The Union Bank of London.

COMMISSION BROKER IN UNCURRB«T
INVESTMENTS,

RAILROAD COMPANY,

OLCOTT.

45

James Kitchen,

MORTGAGE BONDS

FIRST

833.

R. T. Wilson

&

Co.,

BANKERS AND COMMISSION MERCHANTS,
3 Kxcltange Conrt, Neiv York.

Buttrick

&

Elliman,

RANKERS AND RROKER8,
Nos. 37

dc

39 \rall

St,

New York.

BONDS, STOCKS and INVESTMENT SECORITIEa
BOUQUT AND BULU ON COMMISSION.
C. A. Buttbick. Member of the N. Y. Stock Exeb'ce
Wm. KiTiMAv, Member of the N. Y, Mining Bxch'xo

:

THE CHRONUTE.
Foreigfn Exchange.

Foreign EKclinuge.

&

Morgan

Drexel,
'

Drcxel & Co.,
Ns.

SorTH TniBD

St

Drexel, Harjes

St.,

81

&

C<>

Depostta received subject to Draft. Securlltes.QoId,
*c., rtouKht anil boM on Commtasion. Interest allowed
OQ Qepoflitfl. Foreign Kxchanfte. Conu'"irclal CredJtB.
Circular Letters for Travolers,
Cablb Transfers.
available la all parts of the world.

LONDON.

&

Brown Brothers
WAII.

No. S9

Co.,

ST., N. v.,

BUT AND SELL

BILLS OF EXCHANGE
ON GREAT BKITAIN AND IRELAND. FRANCB,
OKKilANY, BELGIUM AND UOLLAND.
Issne Commercial and Trarelers' Credits
/JV

Issue Travelers^ Credits, available in
world, through the

niESSRS.

In Francs, In

Martinique and Guadalonpe.

OF MONEY

this

&

G.

&

Co.,

MUNROE

OrSfTDLAR

NOTRB ANT> CEKniTfl FOK

&

BANKEliS,

SEW

TORK.

'•

Draw

Exchange and make telegraphic
money on Europe and California.

Bills of

transfers of

&

Kidder, Peabody
Cor.

Wall and Nassau

Sts.,

AND

AI.SO.

NEW TORK.
Ma£e Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters
all

oi Credit

principal cities ot Earope.

& Co

,

PARTNERS
LAKB BROTHBRS & CO., Boston and New York
SMIL HBINBMANN.)

BARRON BLAKE,)

*

London.

Grant commercial and travelers' credlts.negotlf.te
loans, make advances on merchandise, and transact a general nnanclal commission business,

co&axspoxDUiTS

BLAKE BKOTHEES
»'£W

YC£& AKD

& CO..

SOSTOSk

W

IJkWSON

j

Agent*.

Bank of Montreal.
CAPITAL,
SURPLUS,

*I2,0O',000, Gold.
5,0«lt),000, Cold.

GEOKQE STEPHEN,
C. F.

N08. 59

Pi-esiaent.

8MITHERS, General Manager.

SEW YOUR OfTICE,
&: 61 AVALL SIREET

Buy and sell Sterling Exchange. Francs and Cable
Transfers grant Commercial and Travelers Credits

OF

INVESTED IN U.
84,000,000 GOLD.

S.

;

St.

BOJrDS,

London

L. BRANDER, Agent.
ISSUES Commercial and Travelers' Credits, available In any part of the world. Draws Exchange,
Foreign and Inland, and makes Transfers of Money
by Telegraph and Cable.

Authorized Capital, Paid np and Reserve,

$6,000,000.
1,700,000.

Transact a general banking business. Issue Commercial credits and Bills of Exchange, available In
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favorFRED'K F. LOW,
able terms.
i Maniuror.
JUanagers.

IGNATZ STEINHART.
LILIKNTHAL. Cashier.

Office,

No. 9 BIrcIiln Lane.

Foreign Bankers.

Nederlandsch Indische
Handelsbank,
A raSTERD Am, HOLLAND.
Established in

1883.

Pald-Up Capital, 12,000,000 Gallders
($4,800,000 Gold.)

BEAD OFFICE
Agencies

iii

IN

AMSTERDAM.

Batavia, Soerabaya and Samarang.

Correspondents in Padang.
Issue commercial credits, make advances on ship.
ments of staple merchandise, and transact othej
business of a financial character in connection with
'he trade with the Dutch East Indies.

BLAKE BROTHERS

tc CO.,
AGENTS roH North America
18 WALL STREET, NEW YORK.
S8 STATE STREET, BOSTON

)

Nederlandsche

Canadian Banks.

LOXDON, ENGI.AIKD.

>

Sitn

available In any part of the world; issue drafts on
and make collections in Chicago and throughout
the Dominion of Canada.

P. N.

SPKCLAL PARTNKK,
DEIITSCHB BANK, Berlin.

Blake Brothers

on Oanada, Britivh Columbia, Portland, Oregon,
Francisco and Chicago.
and other banking business transacted.
D, A. McTAYlSU.I .„.„..
also

The Nevada Bank

LONDON, Head Office, 3 Angel Conn.
SAN FRANCISCO Office, «2 California St.
NEW^ IfORK Agents, J. A W. SeU(nnan& Co.
BOSTON Correspoud'ts, MaesacliuBetta N. B'k.

Excbause Place.

N K

OP

WALTEn Watson, Agents
Al,EX*It Lako.
I

(LIMITED).

Lichtenstein,

St., cor.

Ba

Ranks.

Anglo-Californian Bank

89 William

F.

Caliloriiia

OORRESI'OlfDElfTS :

BANKERS,

a-«->.
-AKent*

BROKERS IN
Foreign Exclian^e, l!>tocks and BoiidS;
63 Wall street, New York.
Special attention paid to orders at the New Vork
Stock Exchange and New York Mining Board.

TUE

Knoblauch

JB.,J

Bills colleoted

COMMESCIAL AND TBATELEBS' CBECnS.

BARING BROTHERS & CO., liOBdon.
FERIER FRERES &. CO., Paris.
MENDELSSOHN <& CO.. Berlin.

)

1IAUKI8

agency of the

GEORGE

CABLE TRANSFERS, BILLS OF EXCHANGE

HAGUE

B.

EDINBUKG, AND BliANCHES;

York.

FOREIGN BAi^KERS.

&

UE.NKY

JOUN

Buy and sell Sterling Exchange and Cable TransIssue demand drafts on Scotland and Ireland,

NATIONAL BANK OF SCOTLAND,

SURPLUS,

New

New Yorfc Agency, 48 Exchange-place.

fers.
;

ULSTER BANKINA COMPANY,

SAN FRANCISCO.
Co., New York
Agency, 62'^yail

BOSTON, MASS.,

Ex.

;

LLMITED j"

MANCHESTER, PAYABLE IN LOSDON

Payable in any part of Europe, Asia, Africa, Ausand America.

tralia

sells Sterling

&.

LONDON

Hilrners,McGowan & Co

Issue Letters of Credit for Travelers,

The New York Agency buys and

change. Cable Transfers, issues Credits available in
ail parts of the world, makes collections in Canada
and elsewhere, and is.sue3 Drafts payable at any of
the offices of the bank in Canada. Demand Drafts
issued payable in Scotland and Ireland, and every
description of foreign banking business uudurtaken.

SMITH'S, British North America,
No. 53 W.ILL STREET.
MANCHESTER & COUNTY BANK,

9M1TH, PAYNE

& W. Seligman& Co.,
J.
BBOADIYAY,

GEOEGK HAGUE, General Manager.
WM. J. INGRAM. Asst. General Manager
BANKERS:
LONDON, ENG.—The Clydesdale Banking Comp'y
NEW YORK-The Bank of New York. N. B. A.

&

CABLE TRANSFERS AND LETTERS OF CREDIT

No. 94

ESQ.

OFFICE, MONTREAL.

Stuart
Co.,.
J.
NASSAU STREET.
BILLS OF EXCHANGE ON

as STATE STREET, BOSTON.

BANKERS,

HEAD

TKAVwr.RTI»>.

BELrAST, USKLAND
AMD Off THB

AesKTt Fes

$5,500,000 Faid Up.

JOHN HAMILTON.
Vice-President, JOHN MCLENNAN,
Hob.

33

G. C. Ward,

BARING BROTHERS & COMPANY,
53 WALL STREET, NEW YORK,

Capital,
President, the

& CO., PARIS.
STEULINa CHEQUES AND BILLS AT SIXa'Y
DATS' SIGHT ON
ALEXANDERS ic CO., LONDON.

J.

and other countries, tbrougli London
and Paris
Uake Collections of Drafts drawn abroad on all
points in the United States and Canada, and
of Drafts drawn in the United States
on Foreign Countries.

S.

parts of the

all

DE ROTHSCHILD

John Munroe

SlERLISa,

3IAKE XELEGRAPHIC TRANSFERS
Between

OF

CANADA.

and their correspondents.
.Vlso Commercial Credits and Transfers of Money
on California, Europe and Havana.

AYAILABLB IN ANY PART OP THE WORLD.
And

Merchants' Bank

21 Nnssan Street,

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

ATTOB'N'BTB AKD AeSNTS OF
niossrs. J. S. .^lOKfjiAM <Sc CO.,
ST.,

&

No8. 19

Boalcvard HHnaBmanD

OLD BROAD

Co.,

BANKERS,

Paris.
PbiladelpUIa.
DOMESTIC AND FOREIGN BANKERS.

No. S2

Canadian Ranks.

&

Co., August Belmont

WALI. STREET,
CORNER OP BROAD, NKW YORK.

XXX H

[Vol.

Imperial Bank of Canada Handel-Maatschappij,
H. S.

Capital, $1,000,000.
D. R. WILKIB,

ROWLAND, Pres't

HEAD

The Netlierland Trading' Society

OFFICE, TORONTO.
BRANCHES:

Catharines, Port Colborne. St. Thomas, Ingersoll,
Welland, Fergus, Woodstock, Winnipeg, Man.
Dealers in American Currency & Sterling Exchange.
St.

Agents in New York:
Agents in London
BosAXijLisx, Salt ji Co., Bank of Moxtrkal,
59 Wall Street.
73 Lombard Street.
Promptet"^ attention paid to collections payable In
any part ofi; Canada.
Approveu Canadian business paper, payable in
gold or furrency, discounted ;tr IheHead Office on
reasonable terms, and procee^is remitted to ny
iuil Oi tUe Uaitea States ty araft ou New I'grk,
:

I

I

OF HOLLAND,

Cashier.

ESTABLISED

1834.

Paid-up Capital. 36,000,000 Flortms.
($14,400,000, bold.)
Execute orders for the purchase or sale of Merchandise. Bonds, Stocks, and other securities, In theUnited States, Europe and the East make Collections
buy and sell Foreign Exchange, and give advances
upon Merchandise for Export.
OLIVER S. CARTER, 1 Agents
:

Kkw

STANTON BLAKE,
HENRY E. HAWLEY,

Toek, January

Office,

J
5

for

America

1, 1879.

149 Pearl

Street,

New York

J

f

June

,

THE CHRONICLE.

11, 1881.

Baltimore Bankers.

Bankers.

Forelsii

J.

Hong Kong &

Shanghai

BANKrNG CORPORATION.
CAPITAL (paid-up)..
BESBBVB FUND

HXAD

IS.OOO.Oge
1,800,000

OFFICE,

in.

WILLCOX BHOfTN.

TOVTNSEND, Axent, 59

con MISSION n BROH A

> » .

!«

AUSTEKUAM, HOLLAND
BLAKE

Box

P. O.

* «;0

BRU^t.

Southern Bankers.

liOWNDES.

STREET,

&

Robert Garrett

Sons,

BANKERS,
SOUTH STREET,

No. r

&

Co.,

BANKERS AND BROKERS.
B.\LTIIIIORE.
INVESTMENT and VIRGINIA SECURITIES

Foote & French,
BANKERS,
AND DEALERS

IN

BOSTON,

PHIIiADELPHIA,
CONGRESS STREET AND
2 CONGEESS SQUARE,

BALTIMORE,

ino.

full

Brewster, Basset

&

GERMAN

No. 8
P. O.

STREET,

BALTIinOBE.

Box 313.

Orders for Stocks executed in Boston,
Philadelphia and Kicliniund.

CONGRESS STREET,

New York

A. P. Turner & Co.,
BANKERS,
No. 20r Walnut Place, PHIL.ADEI.PniA.
Government, State, Municipal and Railway Bonds
and Stocks bought and sold at all the Bxcnanffes.
Investments prudently made in sound railway seCollections promptly attended to.
Correspondents carefully represented at Auctions
and Private Sales. Bonds of pood, bnt not wellknown railroads always wanted for investments at
the best rates. Orders on marKlns not entertained.
curities.

BOSTON.
MEMBERS OF THE NEW TOEK AND BOSTON
STOCK EXCHANGES.
ALSO,
Drnlc'i-g in lUunlcipal, State,

^ieo.Wiu.Bs&llou&Co

THUS. P.MILLER, R.D.WILLIAMS, JNO. W.UILLER
CHAS. B. MILLER.

Thos. P. Miller

14 Wall Street,

NEW YORK.

72 Devonohlre

St.,

BOSTON.

Receive accounts of Banks. Bankers, Corporations
And Individuals upon favorable terms.
Deal in Governments and Standard Investment

&

Co.,

BANKERS,
inOBIliB, ALABAItlA.

BANKERS,

Special attention paid to coHectujna, w^th prompt
remittances at current rates oi exchange oo aay of

parment.
Correspondents.—German -American Bank, New
York Louisiana National Bank, New Orleans Bank
;

FIrst-clasa Western Investment Beouritief for
St. Louis City and Stuten of Missouri, Kanaas,
Texas. Arkaaaas and Colorado Bonds a apeolaltT.
Full Information given in reference to same on apllcation. Coupons and dlvldenda collected.

Bonds and Stocks boufciit and sold on commission
New York, Boston and otlier KjclianKes.

GEO. WM. BALIiOU,
Wai. H. BINGHAM.I

New

Yorlc.

D. H. DARLING,
A. S. WEEKS,
Boston.

&

E. E.

;

BrRRUSS,

First

WALKER.

Cashier.

National Bank,

made on

ail

C.

parts of the United States.

MAVRY

R. H.

&.

RIGHMONO,

IN GOVERNMENT SECURITIES
County and Railroad BondB.

DEAXERS

ST. LOUIS, MO.,
State,
Orders receive prompt and personal attention.
('orrespondents. Messrs. Maxwell & Graves. New
York C*ty, and Messrs. Blake Bruilmrs It, Co., New
York ttnd Boston.

TIRtilNIA,

Buy and

sell Government, State. Municipal and
Bunds and Stocks. &c. Virplnia State Taxlloecivable Coupons bought and sold. All orders
promptly atl ended to.

New

BANKERS,
No. 83

&

Co.,

Y'ork Correspondent,

VBRMILTE A CO.

New York

and other markets.

Parker

&

J. B.

MORTOS, Cash.

P.

Soucbern points on best

BRANCH,

President.

Frkd. B. Scoxt. Vlce-Pres't.

THOMAS BRANCH &

CO.,
BANKERS AND COMMISSION MERCHANTS,
RICHMOND, VIRGINIA,
Information on all classes of Southern Securities,
Corespecially State Bond.s, Tax Coupons, Ac.

Stackpole,

BANKERS,
No. 68

all

JOHN

DETONSUIRE STREET,

Btooloilexeonted in Boston,

made on

terms; prompt returns.

BOSTON.

Orden for

RICHMOND, VIRGINIA.
Collections

DEVONSHIRE STREET,
BOSTON.

respondence

&

John V. Hogan
113 No Third

Co.,

Street, St. Loula, .Ho.,

I>EAL£U3 IX
Western and Southwestern Municlfuil and Railroad
Bunds or Stocks.
Defaulted bonds a specialty. Choice Investment
securities nlwaya for sule. Write to us before vuu
buy or sell aoy Itlinuis, Missouri or Kansas bonds.

&

Co.,

BANKERS,
-.-

Capital,

960,000

TOPBKA, KANSAS.
Municipal Bonds and Mortise Loans Negotiated.
EiKht per cent Furm Moi-tgatfes a specialty, A

<.KNEKAL BANKING BUSINESS TR.\NSACTEr>.
prompt

Collections and correspondence receive
tention.

CoKUi'SPoxDENTS.—

Bo.ston,

at-

National Rank of

New York, American Exchange
National Bank and Ninth National t>ank; Chicaizo.
Preston, Kean St, Co.; St. Loul-", Third National
BiiuiL
Kansas City, Jtank of Kansas City and Merch^ints* National Bank.
North America;
;

&

Co.,

REAL ESTATE AND INSUKAKOE,
86

SIXTH AVE., WEST OF KAN. AVE.,

TOPEKA, KANSAS.
Loans negotiated. Collections made. Taxes paid.
Municipal Securities bouKht and sold.
C. V. P«KZ«L,
fresldent.

I

I

BTATB BANK,
Incorporated

1

C.T.WAr,xaB
Castiler.

IdiS. (

German Bank,
CAPITAL

solicited.

HARRIS Ac RHI7VD,
STOCK AND BOND BROKERS,
AUGUSTA, GEORGIA.
Buy and sell all lilnds of Investment Securities
outrigtator on commission. InfurmutioQ furnished.
Orders and correspondence solicited.

$75,000.
as, 000.

(Paid-i»)

SUBPLUB
Prompt atttnUsB kItcd

m

oar line.
to all bnsiiieM
N. Y. 0OBB>'^r*ovDiNTs, Donneli. Laweoo A Co.asd
the Metropolitan National Bank.

Financial.

STOCKS

Biiilroad

MERCHANTS' NATIONAL BANK,

Tower, Giddings

'

BROKGHS AND DFaALERS IN
City, County and UK. Ilondii &, Stocks.

CO.,

STOCK BROKERS,

BANKERS

N. Y. Stook Kxcb.

Whitaker,

LITTLE BOCK, AKK.
A. K.

Pres't.

WIliMINGTOJr, N.

Co.,

4a STATE isTREET, nOSTON.
State, City,

Member

&

Matthews

of LlTerpool, Liverpool.

Collections

Chas. A. Sweet

EnwARHs Whitakeo.

Leoxard Hatthbws.

Securities.

at tlie

Co.,

OLIVE STREET, ST. LOUIS, HI**

H. R. Prather

Southern Bankers.

Railroad and
United States Bonds.

&

P. F. Keleher

A. Prescott

BANKERS,

•

Western Bunkers.

Philadelphia Bankers.

Co.,

S. C.

SPCCLAL Am.N'TIDN QIVBX TO COLLECTIOHI.

information on

SethH.&H.B. Whiteley

BOSTON, MASS.

3S

AND BONDS. AND DKALERS

KOUKIGN EXCHANGE,

Corner South ami German Streets,

BANKER^ AND BROKERS,

NEW YORK,

No.

MoRlSON.

Morison,

Correspondence invited and

ClIARLESTOSr,

sale.

a

financial subjects furnished.

COMMISSION ORDERS EXEOTJIBD IS

No.

&

Whiteley
STOCKS, NOTES

IN

or AUi ISSUES.

No. 7

E. N.

BANK OF

BROKERS.

VERIVBIENT BONDS,

€iO

WniTELKY, JH.

S.

WM. C. COCBTXIT, Pros. Kbkut n. PBl!«aLI,CMh

805

< orrespondence solicited and information
furnished
N. Y. ConBitsPONDKXTS— McKim Brothers A Co.

W.

MAIN STREET,

No. 1104

CHARI.KSTON,

specialty.

Boston Bankers.

STOCK BROKERS,

NATIO.VAL BA.NKrXO ASHOCIATIOa,

BAI.TII?IORE.
TRANSACT A GENERAL DOMESTIC AND FOREIGN BANKING BUSINESS.

Wilson, Colston

& Schoolcraft,

Campbell

ICHnOND, VA.
SOUTHERy SECURITIES A BPBOIALTT.

BALTimORE

874.

VTall St.

RANKERS

B. T. Con«apondent*.-Meurs.

GERMAN

No. 19

Adolph Boissevain & Co.

C. D.

.

Brown & Lowndes,
BANKERS AND BROKERS,

BONO KONO.

The Corporation Krant Drttfts, Issue Letters of
Credit for iwo of Travelers, and negotiate or collect
Bills payableat Honibay, Calcutta, SinKapore. HalKon
Manila, Hoiik ICouic, Koochow, Amoy, Ninupo,
StianKhal, Hankow, V'okohama, lliOKO, Sau Franolsco and IiondoD.

A.

lit

and

BONDS

At Auction.
rue Undersigned hold

SALES

RTiJULAK AUCTIOS

of all chases of

BONOS
STOCKS ANn
ox
WEDNESDAYS

AURIAK
No. 7

II.

AN1> SATLKBAYS.

&

IWIILi.Ii:R

PINE 8TKEET',

SOIV

NEW YORK.

Chronicle Numbers
^V A W T E D
:

December

May 17, Sept. 13 and
INVESTORS' SUPPLEMENT o«

88, 1878;

AprU.2»,

Not. 1, 1879; also,
February 22 »nd Octobtr 25, 1879. CHHONICUB
January 24, 1880. A liberal price will be paid for

Volume
Office, 79

1,

issued in 1866. Appljr at Publication
Street

A 81 WUllam

^

,

THE CHRONKJLE.

IV

Financial.

FOB CHOICE

June Investments.

ADDRESS

FRANCIS SMITH,
SMITH & HANNAMAM,
IndlanapolU, InJ.

Swwessor to

CHAS.

THE FUIANCIAL ASSOCIATION OFONTABIO

from SIX to
per annum.

carefully selected, yielding

SEVEN AND A-HALF PER CENT
Special attention given to business

from the Dnlted

States.

Correspondence

1.0ND0N, CANADA.
liK

RUBY, Managing Director.

Chicago & Northwestern

by Chicago

ft

CLARK, P0ST'& aiARTlW,
34 PINE STREET.

WING,

T.
&

WE

Co., Bankers,)

WATERWORKS COMPANY

ARE ISSUED BY THE

FIDELITY & CASUALTY CO.
OF

NEW

SECURED BYJA

The only company organized in the United States
guarantee ng the lidelity of persons holding positions of pecuniary trust and responsibility, thus securing a COKPOKATE GUARANTEE in lieu 01 a
personal bond where security is required for the
faithful perfonnance of the duties of employees in
positions of trust.
-,
^ ^ ^^
Full information can be obtained at the offloe,

all

A

A.

Safe and Desirable Inrestnient.

W. BEASL.EY

8.

i

d. sevmouk Wili.aro
Lapslev,
Members N. Y. Stock Exchange.
Cyrus W. Field
CYRUS W. FiJXD, JR.

SpeciaL

INTEREST APRIL. AND OCTOBER.
COUPON BONDS IN DENOMINATIONS OF
tl.OOO BACH, WITH REGISTRATION

Coupons

In accordance with said proposition.

A.

MINING
The CHICAGO & NORTHWESTERN

RAILWAY

COMPANY, for the purpose of securing valuable
tributaries to Its system, under date October 1, 1879,
hAB made a deed of trust to the Farmers' Loan ft
Trust Company, to secure its bonds, issued at the
jrate of $15,000 per mile of constructed road, by the
pledge of arat mortgage bonds of tributary roads.
The bonds, which are the direct obligation of the
Northwestern Railway Company, have
from and after the year 1884 the benefits of a Sink.
log Fund of not less than one per cent per annum,
to be invested in the purchase of bonds issued
under the trust deed, at or below five per cent
premium, or to be applied by drawings for redempUon at 103 per ceat.
Chicago

DUPRAT,

Secretary.

OFFICE OF THE DEADWOOD-TERRA

PROVISION.

&

June

CO., No. 18

WALL MllBBT, NXW YORK,

9, 1881.

DIVIDEND No

No.

dividend of Forty Thousand Dollars, being
Twenty Cents per share, has bees declared for
May, payable at the office of the Transfer Agents
Wells, Fargo ft Co., 65 Broadway, on the 20lh Inst.
Transfer books eiose on the 15th Inst.

H. B. PARSONS, SeoretMy.

OF THE ONTARIO SILVER
OFFICE
MINING CO., 18 WALL StBSST, NBW YORK,
6, 1881.

DIVIDEND

No. 88.
The Regular Monthly Dividend of Fifty Cents per
share has been declared for May, ^payable at
the office of the transfer agents. Wells, Fargo ft Oo.,
No. 05 Broadway, on the 15th inst.
Transfer books close on the 10th Inst.
H. B. PARSONS. Assistant SeoretMV.

fpHB

:)

^3,soo,ooo

Oi tbo ikbove-described bonds, to be delirered by
the oompanj from time to time during the current
y^r, aa ftut as the bonds can be Issued upon completed Toad under the trust deed, offer the eame
for public Bubscriptlen

AT THE PBICB OF

10!2 1-3

PER CENT,

payable and dcliTerable when issued bj the company; all dellTerles will be made in the order eubBcriptions are entered, and a deposit of 10 per cent
win be required upon the par amount of each sub-

UmON

PACIFIC
PAN 7.
A Dividend of ONE AND THRHE-QUARTBRS
PER CENT on the Capital Stock of the UNION
PACIFIC RAILWAY COMPANY will be paid on

scription.
flubsCrlptiODS will be received until
right belnff reserred to close the same at
dbte, and without further notice.

JUNE IT, the
an

earlier

KUHN,LOEB&CO
NASSAU STREBT,

31

•9

N. Y.

and after July 1, 1881, to stockholders of record
June 11, ItSl.
New York stoekholders will be paid at the UNION
TRUST COMPANY, No. 73 Broadway, New York,
and Boston stockholders at the Company's Office,
No. 44 Equitable Building, Boston.
Stock books will be closed June 11 and re-opened
July 2.
t
HENRY McFABLAND, Treasurer.

CITY OF

Mo.,

BONDS.

21

BOUGHT BY

R. UTLEY, No. 31 Pine

WM.

Albert E. Hachfield,
NASSAU STRBEX,

JOSEPH,

Wisconsin Central llallruad Land Grant tfondl.
Chicago ft Canada Southern Bonds.
Atchison Colorado ft PaciSc RU. Bonds.
Mobile ft Grand Trunk Railroad Bonds.
St. Joseph ft Western Railroad SecuritiesSouth ft North Alabama Railroad Stock.
Brooklyn Elevated Railroad Bonds and Stock.
South Carolina Railroad Securities.
Midland Railroad of New Jersey Bonds and Stock
County. City and Town Bonds of Western States.
Grand itapids ft Indiana Railroad Securities.
Milwaukee & Northern Itiiilroad Bonds.
Atlantic ft PaciHc Uallroad 1st Mortgage Bonds.

WM.
17

ST.

C.

Street, N.

Y.

NOYES,

NASSAU STREET, NEtT TORK,

Deals In Investment Seenrltles and

dealer nf

WANTED

GAS STOCKS AKD BOXDS,
TELEGRAPH STOCKS,

Bonds Generally.
s

Indianapolis

ft St. Louis Ists.
Toledo Ista.
Jollet ft Northern Ists.
Kansas ft Nebraska Bonds.
St. Joseph ft Western Bonds.
Cincinnati Uamliton ft Dayton Bonds

Columbus

ft

FUK

^

SAL,E:

Consumers* Ice Company'n

.stock,

An Eight Per

Cent Investmea

Spencer Trask
Successors

&

Co.,

to

TRASK & FRANCIS,

BANKERS AND BROKERS,
New York

70 Broadway,

City.

Transact a general Banking Business
Interest allowed

on Deposits.

Branch Offices,
Connected by Private Wires,
Pliiladelphia, 132 S.

Albany,

N. Y.,

Third

Geo. K.

Fox

St., C. F.

Maiden Lane, W. A.

Gratu

Sistare's Sons,
NEW YORK,

ir NASSAU ST.,

DEALERS

IN

raYESTMENTS.
RAILWAY COM- FIRST-CLASS

-*•

nie undersigned having secured

IVew York.

Stocks Bought and Sold on Margins.

7.

A

June

Co.,

STOCK BROKERS,
15 BROAD STREET,

B.Chittenden.

The proposition for readjustment of the bonded
debt of this company having bees approved by the
bondholders, the Central Trust Company of New
York is now prepared to issue cegebiable Trust
Certiacates for Second Mortgage Bonds and

&

Lapsley, Field

-*-

1929.

BROADWAY, NEW YORK.

98

Howard

rro HOLDERS OF SECOND MORTGAGE
First Mortgage Collateral Trust.
Income Bonds of the INDIANAPOLIS DECATUR ft SPRINGFIELD RAILWAY CO.:

PRINCIPAL DUE

CO.,

A.

.

JouN M. Cba.se. Secretary.
KuwAKi) STAKK, General Agent.
DrBECTORS—George T. Uope. A. B. Hull. G.g.
Williams, W. G. Low. A. S. Barnes. H. A. Hurlbilt,
Geo. 8. Coe, J. S. T. Stranahan, Charles Dennis, Wm.
M. Richards. U. 13. Claflin, John D. Malrs, Lyman W.
Brlggs,

Cent Bonds.

Per

Six

TORK,

Wm. M. Richards, President.
Ltman W. Briqgs. Vice-President.

i PER CENT SINKING FDND BONDS,

OFFER $3O,0OO

CITY OF JOLiIET, ILLIXOIS,

NEW YORK.
FIDELITY GUARANTEE BUNDS

Broadway.

Railway Co.'s

SPECIALTY OF THESE VERY
AND BUY AND SELL SAME

SECURITIiSS,

AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DESIRABLE CAB TRUST ISSUES, ADDITIONALLY
SECURED BY TUE DIRECT OBLIGATION OF
TUB RAILWAY EQUIPMENT COMPANY.

18 WALIi STKKET,

solicited.

Tbe Financial Association of Ontario,

EDWARD

(guar,

7s

(With A. M. Kidder

Ina position to furnish Inyestors with choice

securities,

Ists,

SAFE

Northwestern), 1906.

Dominion of Canada.
vestment

Car Trust Bonds.
WE MAKE A

New York Central & Hudson River Ists. Ts, 1903.
Cincinnati * Muskingum Valley Ists, 7s, 1901.
Atlantic & Paciac Ists, 6s. 1910.
Harlem & Rochester Ists, 7s (guar.), 1903.
New Jersey Southern Railway Ists, 68. 1899.
Cln. Indianapolis St. L. & Chic, lets, 63, 1920.
Chicago Burlington & Quincy RK. 4s. 1919.
Menominee River

Is In

Financial.

FiBancial.

Per Cenl Mortgages,

XXXn-

[Vol.

TRUST COMPANY8' STOCKS,
Cttj and other Railroad Stocks & Bonds
AND
MISCBIilJlNEOira SECURITIES.

But and Sell on Commission, for cash or on
Rto, all securities dealt in at the New York

mvStMk

Exchange.
Interest allowed on dailr balances.
All deposits subject to check at si^ht.
Particular attention to orders br mall or tet»-

_«_

gra&h.

Kountze Brothers,
BAKKERS,
190 Broadway (Equitable Baildlns)«
N E \r

TORK.

OF CREDIT

liEirrERS

AJn)

CIRCULAR NOTES
Issued for the use of travelers In
all parts of the world.
Bills drawn on the Union Bank of London
Telegraphlo transfers made to London and to
various places in the United States.
Deposits reoeired subject to check at sight, and Isrterest allowed on balances.
6«Temment and other bonds and investment
curltles bought and sold on commission.

•

C. H.

&

E. Odell,

AGENTS FOR

Steel

and Iron Rail

iriANCFACTITRERS,
Rooms 10 &

101 John Street,

NEW YORK

CITY'

11,

.

xmtk
HUNT'S MERCHANTS' MAGAZINE,
RBPKESENTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
(Entered, according to act of Congress, In the year 1881,

VOL.

by Wm.

B.

Dana & Co.,

In the office of the

SATURDAY, JUNE

32.

CONTENTS.
Situation
621 Monetary and
Commercial 62G
English News
622
an
Antecedent
Debt
Conuneroial and Mlscellaneoua
"Valuc"1
623
News
628
fiailroad Earnings in May, and
/rom January 1 to May 31.. (624

Circulation— How Held
Is

THE BANKERS' GAZETTE.
Quotations of Stocks and Bonds 631

change, U.S. Securities, State
and Railroad Bonds and
Stocks
629
Range in Pi-iees at the N. Y.
Stock Exchange
630

liailroad

Cotton

until this spirit of enterprise shall have
and imparted new life to every department.
The favorable and very conservative condition of all

Earnings and Bank
Returns
632

Investments, and State, City
and Corporation Finances. . . 634

Breadstufts

!

Dry Goods

is

week by our New York
The monthly statement
Statistics, which we gave and

forcibly illustrated each

figures of

imports and exports.

by the Bureau of
commented upon last week, brings down the
our foreign trade for the whole country to

we

give the

New York

weekly

643
644

is

issued every Satur-

day morning, with the latest news up to midnight of IHday.
[Entered at the Post OfBce at New York, N. Y., aa second-class
mail matter.]

TERMS OF SUBSCRIPTION-PAYABLE

IN

ADVANCEi

For One Year (Including postage)
$10 20.
ForSixMonths
Qo
6 10.
Annual subscription in London (including postage)
£2 7b.
eix mos.
do
do
do
1 8s.
Subscriptions will be continued until ordered stopped by a u>ritlen
order, ar at tli* puhliealion office. The Publishers cannot be responsible
tor Remittances unless made by Drafts or Fost-Offlce Money Or<£er8.

AdTertlsements.

Office*.

The office of the Chronicle in London is at No. 74 Old Broad Street,
and in Liverpool, at No. 5 Brown's Buildings, where subscriptions and
advci-tiscmeuts will be taken at the regular rates, and single copies of
the paper supplied at

wnxJAU
JOHN

e.

Is.

each.

WILLIAM

B. DANA, >
FLOTD, JB..i

79

ft

B.

lished

on Monday.

Week
ending-

Hay
"
"

DANA

ft

00., Fabllshcrs,

81 WUliam Street, NEW TORE.
Post Offics Box 4592.

furnished at 50 cents postage on the same is
18 cents. Volumes bound for subscribers at $1 00. A complete set of
the CoiiMEKCiAL AND FINANCIAL CHRONICLE—July, 1865, to dateCan be obtained at the office.

neat

file

cover

is

Exports.

Week
1881.

1880.

May

6.... 10,605,789 11,872,362

7,402,387 9,480,455
20.... 8,928,930 11,678,699
27.... 8,600,722 9,982,497
June 3
4,455.215 7,316,695
"
10.... •7,000,000 11,945,215

3....

"

10....

"

17....

"
"

24....
31....

June

7....

6,911,596
7,123,664
6,014,041
7,077,845
8,317,641
6,617,107

8,538,857
7,704,923
9,171,858
8,859,553
8,042,822
9,240,630

42.061,894 51,558,647

46.993,049 62,275,923
*

1880.

1881.

ending—

13....

Estimated.

In April the

New York

imports about 66 per cent.
the Southern States

exports represented about 43

;

As

movement from
we may take the above

the cotton

smaller now,

is

as representing say 48 per cent of the total exports

per cent of the total imports.

On

and 6T

that basis the trade oi

the country for the six weeks ending June 10 would
a balance on the side of exports of over 17 millions.

same weeks of
following

1^^ A

Below

per cent of the exports for the whole country and the

Transient advertisements are published at 25 cents per line for each
tnsertion, but when detluite orders are given for Ave, or more, insertions,
a liberal discount is made. Special Notices in Banking and Financial
oolumn 60 cents per line, each insertion.

Ijondon and Iilrerpool

results of
1.

figures since that date,

Imparls.

Thb Commkecul and Financul Cheonicle

May

estimating the imports for this week, which will be pub-,

TIMES.

|

trade

issued

Money Market, Foreign Ex-

638
638

833.

infected

The Financial

THE COMMERCIAL

NO

1881.

C.|

developing

THE CHBONICLE.

Commercial Epitome

11,

Ubrarlan of Congress, Washington, D.

still

last
less

show
The

year there was an adverse balance
favorable

figures

for

the

previous

month.
"With the conditions as to the revenue of the roads and
still continuing without material

trade of the country

THE FINANCIAL SITUATION.
In another column we

publish our railroad earnings for

Wall Street from
day have been current reports affecting special
For instance, it has
roads or affecting freight rates.
been reported that some of | the trunk-line roads 'wer»
Th«
cutting under the schedule on East-bound business.
stocks of the roads concerned were at the same time
change, the influences most active in

day

to

month. They show that the growth in traffic which
began with an increase of 3 per cent in May 1879, and
went up to 24 per cent over 1879 in May 1880, has now
further advanced in May 1881, to 17 per cent over the
corresponding month a year ago. It should be remem- pressed for sale. The fact is, [that the trunk-line com*
bered however, that this year's statement is on 14 per panics made provision last March for meeting such ft
But even with that qualification the contingency in the course of their business, agreeing that
cent larger mileage.
whenever a " cut " was discovered and proved, the pool
result reached is remarkable.
This only illustrates what we have so often said, that the commissioner should have the authority, without notice, to
This
revival of (Jur internal commerce, which began in 1879, has order a reduction on all the lines to the cut rate.
by no means culminated, but is still in progress of develop- disciplinary measure was effective in April, when it was
ment.
In fact, a critical examination of all our industries resorted to for the first time. The pool commissioner has
last

This
shows great healthfulness everywhere, but no considerable now again ordered a similar general reduction.
it
was
afternoon
Thursday
Tuesday,
and
on
on
done
May we not, was
expansion except in railroad building.
agreed
had
rate
making
the
cut
road
the
reported
that
therefore, fairly expect our internal commerce to go_on

-

THE CHRONICLE.

622
conform

to

The movement

to the schedule.

to depress

the stocks affected, was aided to some extent by a slightly
increased activity in money, caused by the preparations

made by

Company

Pennsylvania

the

to

pay for

&

purchase of the Philadelphia "Wilmington

Receipts at

and Shipments from N.

Currency
Gold

The Bank

Baltimore

of America,

One

of the efEects of this

and other rumors and

facts

$1,080,000
15,000

$270,000
115,000

$1,095,000

$385,000

the specie depository of the

has received $3,000,000 gold for the

associated banks,

road.

Shipped

Beceited.

Y.

-

Total

its

ZXXIL

[Vol.

new safe it has been building for the purpose and which
is now completed; it is anticipated that the safe will be filled

during the week, has been to make speculators
more conservative in their views, and the movement less up by the middle of next week.
The Bank of England reports a loss of £17,500 bullion
reckless than it was when purchases were liberally made
for
the. week, and the Bank of France gained 3,175,000
of almost anything that was for sale. Doubtless, this
francs
gold and 887,500 francs silver.
The Bank of
gentle check will result in a more healthy market in the
Germany
gained
marks.
1,891,000
The
following
shows
future, as it will, for the present at least, induce operators
the
amount
of
bullion
in
each
of
the
principal
European
to exercise a little more care as to the class of property
banks this week and at the corresponding date in 1880.
they select.

•current

The statement made by the
was unexpectedly unfavorable.

money than appeared
leading banks

and

shipments,

—was

our reports only covered actual

was

transfer

this

through

a sale

of

of sub-

Company, and
Railroad Company.
There has

scriptions to the Continental Construction

the

&

Atlantic

Pacific

this week, which,

been another large transaction

may

June

much larger amount of
reports made to us by the

sent to Boston for the settlement

exchange

week

A

the

in

—because

associated banks last

We

not appear in the bank statement.

however,

Bank of England
Bank of France
Bank of Germany

9,

June

1881.

Gold.

Sitter.

S

*

10, 1880.

Gold.

Silver.

£

25,902,424
28,089,033
25,132,232 49,960,530 31,446,118 49,487,536
9,444,395 20,057,145 9,971,666 19,943,334

Total tills "Week
00,479,051 70,017,675 69,506,817 69,430,870
Total previous weel'
00 345,673 69,911,262 70,091.043 69,396,795
1^- The above gold and silver dhision of the stock of coin of the
Bank of Germany is merely popular estimate, as tlie Bank itself gives
no information on that point.

refer to the

The rates for sterling were advanced early in the week
payment, alluded to above, of about $14,000,000, the bal- by reason of the demand for remittance for bonds
-ance due for stock of the Philadelphia Wilmington & Bal- imported and also the light supply.
Later in the week
itimore road bought by the Pennsylvania Company.
This the inquiry lessened, the fall in our bond market making
amount was deposited in the Bank of Commerce, and it it no longer profitable to operate in bonds by cable, and
"will

be distributed among the sellers of the stock, who the rates for sterling declined. The margin of profit for
by a committee sent on from Boston to cable transactions continues small, as will be seen by the

:are represented

Teceive the purchase money.

over

several weeks,

<;ause as

little

and

it

This distribution will extend

will

probably be made so as to

transfer of actual

money from

following,

showing

don

opening each day.

at the

transfer

June

of

for the week, exclusive of a

which is a gain to the banks, of $2,063,43t). The
payments by the Assay Office for domestic and foreign
"bullion have amounted to $125,764, and the principal disIbursements by the Treasury have been for interest and
pensions.
The following shows the daily receipts by the
Treasury from the Custom House.
loss,

Consisting of—

Date.

3

.

4..
6..
7..

8

.

9..

Total

:^412,210 02

.$187,000

43
40
17
11
52

127,000
215,000
213,000
159,000
162,000

$2,611,658 65

$1,063,000

271,310
515,550
677,140
373,601
356,846

7.

price*.* prices. pricM."

s

C.S.48,0.
C.S.5s,C.

Brie
2d con.
ni.Cent.
pi. Y. C.

Reading

3o

J
•=

1
o

June

JuneB.

U.S.

Silver
Silver
Dollars. Certificates.

Notes.

$12,000
12,000
17,000
35,000

$2,000

8,000
10,000

1,000

$211,000
133.000
283.000
429,000
212,000
185,000

$34,000

$4,000

$1,453,000

1,000

The following shows the net Sub-Treasury movement
for the week ended June 9 and also the receipts and shipments of gold and currency reported by the principal
banks. Last weeks's bank return was made pn rising
averages, and in view of the facts here presented the statement due to-day should show a gain in reserve.

9.

N.r. Lond'n N.T.
pHCM. prices.* prices.

and Lon-

June
I,ond'n

10.

N.r.

prices.* prices.

U--T!

lis

117-72

118

117-38

n7%

117-36

118

103-35

103«

103-10

1035*

102-75

103

102-i5

lom

48H

4801

i-!%

47-96

1045s

104-70

142M
149- 17 148M

142-93

eoH

48-87
!05-80

'-055^

104-81

144-30

U3H

143-07

149-41

29-97*

um
eoM

80-97t

1

475i

48 SI

47J«

104-70

148-77

104^
142H
118X

104«
142K
148«

29 83+

asH

1

143- 17

140SS
29-83*

597«

Bicb'ge,
cables.

;

4-87W

4-87

4-87W

4-87

Expressed in their New Vork equivalent.
Reading on basis of foO. par value.
Note.— The New York equivalent Is based upon the highest rate for
cable transfers, -which ordinarily covers nearly all charges, such as
interest, insurance and commissions.
*

•f

The Government bond market has

Duties.
Gold.

jTuiie

June

6.

Lond'n X.Y.

$2,000,000 gold from the Philadelphia and

:$300,000 from the San Francisco Mint, have resulted in

a

New York

in

this city as is

jpossible.

The Treasury operations

relative prices

prices, partly for the reason 'that

the 4s had been a

little

too rapid.

inclined to lower

the previous advance in

The

5s fell off in con-

sequence of the pressure of these securities offered for Euro-

pean account, and the delay in extending the bonds at the

Department tended to check purchases of them for continuance. The market recovered toward the close of the week.

CIRCULATION—HOW HELD.
The Comptroller of the Currency, Mr. Knox, has this
week issued his abstract of the condition of the National
banks on May 6, which we publish on a subsequent page.
With the help of these figures, we are able to make some
interesting

and instructive comparisons, especially with

regard to the gold and currency holdings of the banks,
Into Banks. Outof Banks

Treasury operations, net
Interior

movement

Total

The

interior

movement

i\-e(.

1,095,000

$
385,000

$2,063,439
710,000

$3,1,58,439

$385,000

$2,773,439

$2,0G3,4f89

as above embraces the receipts
and shipments of gold and currency, as reported by the
principal banks of this city for the week ended June 9,
which more in detail is as follows.

and the rapid growth in their deposits and discounts.
Three weeks since we published a statement, showing
that there was in the country, on the 2d of May, 520 millions gold (this was the Mint statement), and about 770
millions of other descriptions of currency, without counting

the silver dollars in the Treasury or fractional

These bank returns now give us

official

silver.

information as to

the location of a part of this gold and paper circulation.

Jdnb

THE CHRONICLE.

11, 1831.J

623

The Treasury statement of May 1 had already informed ua not space to enlarge upon that point, but below
give
as to the amount Government held, so that the only item these items taken from tliis
return and for previous years
about which we have not official information is the holdings taken from the last Comptroller's report,
to which wo also
of State and savings banks.
Bringing these facts together,
and estimating for State, &c., banks, a change similar in

proportion to that of the National insLitutions,

we may say

outside of these depositories, or

figures

hands of the people.

yuinber
of Hanks

Dates.

Ootoher

October

8,
3,

1870

1881. Jan.

1,

1879.

OoM.
In the Treasury, less cfitlflcntos
In Katioiuit banks. Includin*^ oertittcatoa..
In State banks, iuuUuIiug cortltluates

$164,3.17,1.-14 .$112,703,342
114,.'517,842
35,039,201

Total gold In Treaaurj- and banks
Total gold In eonntiy (Mint statement)

$302,904,99(> .$I08,«80,335

24,000,000

520,000,000

Leaving gold in hands of the people
Silver

and

10,937,812

278,310,126

$217,095,004 $119,029,771

12,1873....
Octol)cr2, 1874....
Octol)crl, 1875....
October 2, 1876....
October 1,1877....
October 1, 1878....
October 2, 1870....
October I, 1880....

May

Leaving silver dollars and
hands of the people

$9,080,719
•72,157,932

$6,400,557
20,000,000

certificates in tUo

$64,077,213

Lcaal Tenders and Bank Curreney.
In the Treasury
In Xatlon.il banks
In State and savings banks

$13,339,443
i

$28,015,345 $77,615,055
87,037,229 120,491,720
t43,000,00a
40,458,264

Total in depositories.
Total issued

$159,552,574 $244,505,0,39
699,281,567 609,003,834
i$539,728,993 $424,438,215

Totil paper ourronoy in hands of people

" Total silver ccrtiflcates issued, less amount in Treasury, $39,157,Total silver dollars (trade and standard) in circulation
932.
$33,000,000.
t This is the amount reported by the Comptroller Nov. 1, 1880.

A clearer idea of the foregoing

can be obtained by the

.

In

the

hands of

and

Paper currency
Total held by the people

1879.

Total in public dsposltorles

kinds of currency outatand'g

is

only 673 millions,

we can

the

If there

on the

street 7 per cent,

now

lions;

with

money only 228

milthe loans are 1,089 millions and the deposits

1,039 millions, interest about 3 to 4 per ocnt, and lawful

money about-400

millions.

ANTECEDENT DEBT

IS AN"

published in 102 U. S. Rep.,

Supreme Court
that one

who

at

p.

VALUE''?

"

Company

decision entitled Railroad

National

vs.

Bank

shows that

14)

Washington adheres firmly

the^

to the view-

has received negotiable paper merely as
is to be deemed a " holder

for value," so as not to be subject to equities
set

up against the payee.

which the

Our bankers and-

302,904,996
8,030,719
139,552,574

158,680,353
6,460,557
244,505,639

merchants are perfectly familiar with the rule

470,538,289

409,700,551

without notice of a defense, can enforce

it,

1,291,439,499

967,313,980

ing almost any of the defenses to which

would be subject-

1,

1879, the total out-

and

purchaser " for value

in the

hands of the payee.

very steadily held
or, in

now

" of

tliat

cedent debt,

is

50 millions,

a.

and

notwithstand-

But the New York courts have-

way

of security^

payment or on account

of a pre*

tha
must have parted with,
have given an absolute dischargei^

not acquiring
rule,

it

taking a note by

a general way, in

that

a note, before maturity,

it

'•

for value

;"

to claim

the holder

at least

securities at the

time of taking the note*

The Supreme Court applies the rule much more liberallyj
the and its doctrine must, of course, be followed in aU tha

dollars, besides fractional silver.

$27 per capita.
But this amount per capita
if

interest

a large daily commission, and lawful

557,607,429

And the whole currency now outstanding (that is, in
hands of the people and in the public depositories), including, however, fractional currency, reaches now, say, about

lowance,

similar to that of 1873.

were no other f*«bf3 of the folly of such suggestions, the
above figures would be sufficient. In September, 1873,
the bank loans reached 94 1 million dollars, with deposits-

and benefit of the
estimating five persons to a family, each family on an actual value or
average actually holds in currency (gold, silver and paper) or a release of

today about eighty-two

907-'2

1.039-8

now about

being said just

is

come

to

820,901,210

that the holdings of the people have increased 263 mil-

population

667-7
077-3
707-7

114-8
120 5
124-4

security for an antecedent debt

dollars in the Treasury), has increased 324 millions,

the

1,0410
1,080-4

70.J-7

1 lO-'.i

119,629,771
13,539,413
424,438,213

This shows us that since January

Calling

878-5

120 3
129
134-4
132-2
122-8

217,095,004
64,077,213
539,728,993

standing currency (not including fractional silver nor silver

lions.

479-6
491-1
493-8
604-8
490-8
479-5
460-1
434-1
457-6
4.500

8340

523-5
636-6
610-S
673-4
717-3
731-0

101-1
110-3

438".i

9941

Much

of the banks.

panic which

maker might

Silver and certificates.
Paper currency

itU

1,

Piibtic Depositories,

Gold.

Total

Jan.

$

certitieates

In

1881.

the Peojile.

Gold
Silver

1,

DejiotUt.
illUioiu.

Hero we have in substance the refle"Ction of the money
market and a fair indication of the comparative condition

(just

May

the

Mil Hon t. MiUUiitt.
430-4
04-1

984-7
031-3
891-9

2,053
2,04H
2,090
2,102

0,1881....

A

following recapitulation.

of

Vurjtlus.

83I-6
877-2
U44-2

2,0S()

Certi_fic(ites.

In National banks, inclnilliig eertillcates .
Total ailvor dollars and silver cortitlcatos.

C'ajiilat.

7150

1.015
1,767
1.919
1,970
2,004
2,087
2.089

1872

Sept.

1,

Loans.
miliont.

OctoljfcrS, 1871....

Way

show the general growth

to

National system.

we would

now held
now in the

roach the following results as to the amounts

add other

trust the

Federal courts.

The

case was a very common.[one.

National
is

not

estimates

an
for

e.^treme

al.

and make

comparison with other commercial specie-paying countries.

Bank

of the Republic,

Customers of tha

who had become

while largely indebted to the bank, gave to

agreeing that

a,ll

it

insolvent}

a writing

their evidences of debt lodged

should be deemed pledged to

it

for

any and

with i\
all

thei^

There was no agreement for an extension of time^
of the Mint, Great Britain has a circulation per capita of no surrender of securities, no discharge, nothing in th*
In the latter country about 600 way of literal parting with value; but simply a consenfc
$28, and France $.53.
millions of the circulation is silver.
Germany has only that any collateral held by the bank, no matter for what
about $15 per capita. In, however, making comparison debt it was originally lodged, might be held for the entire
Among these securities was a note for $5,000,
in this particular with other countries, it must be remem- balance.
bered that our use of banking facilities and bank checks made by the Brooklyn City & Newtown Railroad Com-

According

to a statement in the last report of the Director

virtually and very materially enlarges our circulation,
and therefore lessens our need for currency, except in the
South and extreme West, where there are few or no banks.
Thus, for instance, with France no comparison as to the

debts.

pany, for the purpose of raising

money

for the treasury of

had been entrusted to these customers of the bank, who were Wall Street note-brokers, to
be sold for the benefit of the company. The note-brokers
had
no right to pledge the note for their own debt; and,
wants per capita can be made, for the conditions in th is
New York law, the company, if sued by the bank
under
particular are so very different.
Another interesting feature the present bank statement as pledgee, might have shown the conversion, and thua
brings out, is the growth in deposits and loans.
We have established a complete defense.
the company, and which

-..,
.

THE CHRONICLE.

624

1

Vou XXXII.

But the bank brought its suit against the company in no evidence of an intention to receive the paper in absotnte
and satisfaction beyond what may be inferred from
And the Supreme Court discharge
the United States Circuit Court.
the ordinary transaction of accepting or receipting it in
has decided that by the general commercial law, the bank pavmeiit, or crediting it on account. If the claim that the
holder can recover upon the note notwithstanding a fraudalent
must be deemed a holder for value, and, therefore, as it diversion, rests solely upon the
fact that it was received by him
took the note without knowledge of the conversion, it was in payment of the debt of the transferrer, it cannot be susentitled to enforce

One

it.

objection to such a ruling

is,

that transfers of negotiables as collateral security only, are

not in the usual and ordinary course of dealing with them.

The Supreme

Court, in effect, pronounces this objection

old-fashioned; such transfers constitute a material and

grown out

they have

in-

now common;

creasing portion of the financial transactions

of the necessities of business and, in

these days of great commercial activity, they contribute

and convenience of debtors and
Another objection is, that nothing is surcreditors both.
rendered by one who takes a note as collateral, and therehe loses nothing by allowing justice to be
fore
notwithstanding
done between the original parties,
The Supreme Court sajB that this may
the transfer.
be true in some, but is not true in most, cases; nor
to the

largely

is

it

when the transfer
new holder the duty

ever true

upon
or

benefit

the

and

protest,

giving

notice,

bank towards
^

making

maturity,

and,

order

in

charge

to

In the present

implied engagement of the

not paid,

if

give notice

to

The court considers

indorsers.

note at

to

earlier

the undertaking to render

this service as "

giving value." And, generally speaking,
any indorsement of a note which renders the holder a
party to it, although he takes it merely as security, is not
an improper but an ordinary use of the paper, and protects
the holder from any equities of which he had no notice.

A third
York

the parties were

that as

objection was,

New

had
been decided the other way by a New York court, in
another suit, the New York rule ought to be applied as to
them. But the Supreme Court said that the question was
corporations, and,

the very question

indeed,

Legislature will see

The

the whole country.
the States

debt

is

is

is

in

England and

said to be, that taking a note

taking for value

contrary

rule

JANUARY

considered exceptional and

The importance

the

of

subject

most of

rule to the

the

heightened by the

steady enlargement witnessed of the liberty of taking suits
to the Federal courts.

If collaterals held

banker happen to have been
of the State

may

—Jersey

made by

by a

New York

a person living out

City, for instance

— the

suit

on them

be triable in the Circuit Court, merely because the

parties are

citizens

of

different States.

National banks

forty-five

holding negotiables as

come

to

Hence the

right of a

New

depend, not on the circumstances and

of the transaction, but on accidental facts, enabling

may

justice

him

to

one will deny that there

is

great inconvenience in

such a conflict of decisions between the two tribunals.

Yet the New York
declared.

As

rule

has been often and positively

lately as June, 1880,

it

was restated by the

Court of Appeals in these emphatic words.*
It is the settled law of this State that prior equities of antecedent parties to negotiable paper transferred in fraud of their
rights, will prevail against an indorsee who has received it
merely in nominal payment of a precedent debt, there being
•

I'liainix Inc. Co. ts. Churcli,

81 N. T. 218.

1

7 1-3

per cent.

of

May on

below,

Mileage increased

Qross Earnings.

Month of May.
1881.

is

less

Alabama Great So

&No.

Burl. Ced. Rap.

Cairo & St. Louis*
Central Pacitle
Chicago ifc Alton

ChlcasoA

East.

45,.S44

149,504
24,499
1.778,487
610.128
111,799
105,725
1,134,744
1,875.608
113,794
116,332
73,981
314,636
22.939
191,695
19.288
79,628
115,970
356,435
191,317
188,120
524,739
140,381
85,734
26.314
95,676
87,630
665,014
58,026
8,700
26,532
31,345
129,249
183,701
217.613
35,081
95,8452.081
349,053
175,863
281,899
22.618
141,083
2,067,269
1,122,706

22,599
2,008,000
52S,860
120,.550

Gr'ud Trunk t
Cliic.Milw.&St.Paul.
Chicaco & Northwest.

101,973
1,538.000
1,903,676
107,199

&

&0.

8t.Paul& Sioux City
Cincinnati

142,59.)

& Spring.

83,802
338,423
22,488
514,767
16,112
92,300
160,708
405,500
177,002
226,399
499,200
137,070

Clev. Col. Cin. & Ind.
Clev. Mt.Vem. & Del-

Denv. & Rio Grande.
DCS Motnea & Ft. D.*.
EastTenn. Va. <feGa*
Flint .fePere Marq....
Great West'n of Can.;.
Hannibal & St. Jos...

Houston .fe Te^ Cent.
Central

Do

(Iowa

(111.)..

lines)

.

West.
ludianap. Dec. & 8p..
&.

102,631
35,123
170,318
100.367

.

Interu'l

Memphis Pad. &No.*
Milw. L. 8h. &West..
Minneap.

& St. Louis-

MoWle&Ohio
N. Y. &NewEDgrd..
Northern Paclflc

St.L.A.&T. H.m.line
Do do (branches)
St.L.IronMt. <fc So...
St. Louis & San Fran
St. Paul Minu. & Man.
Scioto Valley
.

Texas & Pacific
Union Pacific
Wab. St. Louis & Pac.

t

t

382,64-2

26,969
267.443
2,393,237
1.144,661

16,708,6,54 14.242.197

Total
"

,

809,700
74,007
12,899
44.557
59,166
145,416
215 271
299,880
51,623
118,226
45,039
480,300
283,399

weeks only of May
For the four weeks ended May 28.
For the four weeks ended May 27.

EaminRs

for three

In favor of larger

1880.

$

52,307
lGr>,630

111...

CUio. St. P.MiDii.

1880.

Mileage.

Increase or
1881.
Decrease.

$

Peo'ia Dee.&Evansv..

sue in a court of the United States.

No

table

& Gt. North..
& Western.
Louisville & Nashv...
Yorker Memphis & Char'ton,

recover on them,

collateral, to

month

roads reporting in the

GROSS EAnNUtGS AND MILEAGE IN MAT.

Lake Erie

State to Circuit courts.

a very satisfactory-

in

many new

may be removed from

make

for the

the

Ind. Bloom.

suits

MAY 31.

May, 1880, to $508 in May, 1881. This statement
more gratifying that earnings in May, 1880, were
very heavy, our table for that month exhibiting an
improvement over May, 1879, of almost 24 per cent, and
even in May, 1879, earnings were already slightly better
than in the preceding year. Taking the roads as a whole,
the upward movement in earnings, which began, say, in
May, 1879, has continued without material interruption for
two years now, and there appears as yet to be no check to
its progress.
The following table presents the returns for
May.

$492

is

Illinois

which

and change

than 14 per cent, so the earnings per mile have risen from

have a pretty broad right of suing and being sued in
National courts.
Eecent laws of Congress have declared
cases in

TO

The aggregate gain

$2,466,457, or about

Cliic.

local.

is

1

Railroad earnings continue to

rule for

for a previous

New York

while the

;

in

to exercise its authority

RAILROAD EARNINGS IN MAY, ANL FROM

one of general commercial law and that the Federal courts
are not bound, on those questions, by the local decisions of
the States, but will seek to establish a uniform

fit

the judicial rule.

demand showing.

note-brokers to present the

the

It remains to be seen whether any agreement can be
reached by future decisions of the courts, or whether our

such as to impose

is

of

indorsers for the benefit of the payee.
case the transfer involved an

tained. In this State, to constitute an indorsee of negotiable
paper, a holder for value, so as to exclude the equities of antecedent parties, it is not sufficient that the transfer should be
valid as between the indorser and indorsee, but in addition the
latter must have relinquished some right, incurred some responsibility, or parted with value upon the credit of the paper at
the time of the transfer. And the court further held that an
actual relinquishment of the debtor's previous check in exchange for the note transferred was sufficient, and that something of the kind was necessary, to constitute "parting with
value," by New York law.

+ 289,513

295
564
146

295
492
146

2,634

-87,268

2,415

840
220
335

840
220
335

3,800
2,770

3,000
2,253
261

-f 6,903
-fl6,126

-1,900
-f8,751

-3,752
-1-403,256

-11,932
-(-31,405
-(-26,243
-(-9,821
-(-23,787

-451
-(-323,072

837
620
80
391
144
690

-3.176

87

-f 12,672

508
311

470
80
391
156
422

-(-49,045

8-23

-14.315

292
522
918
402
212
152
625
385

87
508
311
823
293
522
918
402
212
152
544
308

1,840

1,561

330
113
246
243
506
316
734
250
195

330
113
218
158
506
282
723
125
195
71
686
499
656
100

-f44,738
-(-38,279

-25,539
-2,711
-H6,897

+ 8,809
+ 12,737
+ 154,686
+ 15,981
+ 4.199
+ 18,025
+ 27,821
+ 16,167
+ 31,570
+ 82,267
+ 16,542
+ 74,642

+ 22,379
7.022

71

+ 131,247

686
598
800
100
763

-

+ 107,536
+ 100,743
+ 4,321
+ 120,300
+ 323,968
+ 21,953
+ 2.466,457

3,446
2,479

50O
3,002
2,384

32,905 28,96a

In each year,

earnings than in the corresponding

—-

Jims n,

month
cotton

THE CHROxVICLR

1681.1

in 1880, we had this year a heavy increase in the makes quite a gain for an interior depot.
The Wabash
movement and, on the other hand, as an offset to 3t. Louis & Faciic carries to all three of these points and
;

was a very decided
The influence of the

this, there

falling off in the grain

ment.

first

move-

seen in the uniform

is

reports of large percentages of increase on the roads of

the
also

the

625

to

Chicago as

well, and, as

a result of tke varying move-

ments, has earnings aot very different from those of last
year.
The following tabl« shows the receipts of flour and

South and Southwest, though of course there were grain at the principal Lake and River ports of the West
accessions to
earnings from an expansion in
RECKIPTS OF FLOnR AND GRAIN FOR FOUR WEEKD ENDKD MAT 28.
volume of other freight, and from
an aug:

mentation

in

the second

is

passenger

the

trafiBc

in the

reflected

the

;

smaller

may

exhibits,

&

be mentioned the International

St.

its

on

Louis Iron

Southern, which, with no addition to

age, increased

Great

earnings 78 per cent,

its

mileage increased only 15 per cent; the

&

Oal;

buth.

buth.

Barley,
buth.

Rye,
buth.

Clllcugo—

in

Northern, which increased

Mountain

Com,

percent-

some cases of positive loss, on
1881
216,8,M
1880
163,097
the roads of the West and Northwest. Among the roads Milwaukee1881
293,074
in the South that are making particularly encouraging
1880
169,634
and

ages of gain,

Wheat,
bush.

Flour,

influence of

bbl:

much

earnings 37 per cent

the Texas

;

its

&

mile-

Pacific,

which on 52 per cent more mileage has almost 90 per cent
more earnings; and the St. Louis & San Francisco, which
reports 61 per cent larger earnings, on mileage 20 per cent
larger.
To show how much heavier the cotton movement
was in May, 1881, than in May, 1880, we have had pre-

Louis—
18S1
1880

398,904 3,870,768 2,707,381
1,469,260 10,476,233 2.286,629
671,885

148.623
52,901

31,073
41,391

82,940
311,467

302,.391

98.500

1,039,865

237,374

63,33'

30.245
66,122

873,036
905,823

1,942,045
1,248,889

561,900
427,281

45,360
79,403

0,084
27,417

,359,055
1,691,004

151, .503

2,500

43,544
48,090

J

St.

88,100
08,182

Toledo
1881

4,125 991.215
1,338 1,015,665

1880

1

79,172

307

Del roil—

1881
1880
Cleveland—
1881
1880

31,025

333,5.51

13.391

450,121

82,918
28,064

7,327
9,356

46,000
41,800

205.050
130,650

79,280
80,000

19,153
8,550

18,879
20,537

77.550
31,200

1.470,275
1,190,370

959,875
683,3U0

23,050
53,500

100
227

4,902
13,666

Peoria

1881
1880

..
..

Total of

all.

1881

658,280 3,598,041 0,014,451 4.895,874
475,43514,953,734 16,076,677 3,841,936

18-iO

pared the following table of receipts at the different out-

27,285
93,000

352,244 100,795
271,362 229.364

Central Pacific this month, as in previous months,

ports.

makes

-Union Pacific also has a handsome return.
Perhaps the heaviest percentage of increase is recorded by

a large gain.
OF COTTON AT 80UTHEBN PORTS

JUSCEIPT3

1881.

Galveston

bales.

Indianola,

New Orleans

ifco

Mobile

18,993

9,540

126
45,819

23

J>ifferenee.

Inc..

..

9,453

Inc

32,923
6,779
81
4,712

92
22,367

Savan nali

the Denver

1880.

8,107

Florida

MAT, 1881 AND 1880.

IN

103

Inc.. ..12,926
Inc.. .. 2,328
Inc....
11
Inc.. ..17,655

&

Rio Grande.

This road has quite a monop-

oly of the business of the territory contiguous to

and

its

To be

rates are high.

sure,

its lines,

mileage has been

its

increased, but only about 63 per cent, while the earnings

show a gain

We

have none of the great
table.
The Cleveland
..
31
420
..
1,072 Columbus Cincinnati & Indianapolis, whose business is
357
124
Inc
233
2.'5,112
20,619
Inc.. .. 4,493 largely through, increased its earnings about 7 per cent.
4,796
805
Inc.. .. 3.991
The Great Western of Canada reports a gain of about 14
Total.
139,.561
82,863
Inc.. ..56.698
per cent. The St. Louis Alton & Terre Haute main line,
The receipts of grain during the month, were, as already which is a feeder to the Pennsylvania system, gains 23 per
remarked, much smaller than in the previous year. The cent; the branches show a decrease.
The Chicago &
Grand
Trunk,
which
is
the
Chicago
extension
decline was especially heavy at Chicago.
of the Grand
Of wheat and
corn, that port received for the four weeks ended May 28, Trunk of Canada, reports a loss of not quite 4 per cent.
1880, 11,945,493 bushels, while for the corresponding four The loss would have been much heavier, except for a large
Brunswick, &e
Charleston
Port Royal, &o
Wllmins-ton
Morelicad City, <to
Norfolk
City Point, &c

weeks

12,239
31
1,492

7,837

in the current year the receipts

Inc..
Inc..
Inc..

..

4,402

were only 4,469,672

East and

of 168 per cent.

West trunk

lines in

gain in the passenger trafBc.

our

In view of the smaller grain

In the light of

receipts at Chicago,

it is

likely that all the roads

running

surprising that the roads that carry to
Chicago were able to do as well as they have done. The

east out of Chicago

had diminished shipments of

freight,

bushels, a falling off of 7.475,821 bushels.

such figures

Chicago
amounts

&

is

it

Northwestern

to less

than

that the mileage

is

1

line returns

per cent;

it

a decrease, but

should be

23 per cent larger.

said,

St. Paul,

it

however,

on mileage

and

this

may have

caused a loss in receipts in the case of

those roads whose Chicago business
of the whole.

New

"York

& New

a large proportion

is

The only Eastern road

in

our table

is

the

England, and that exhibits an increase

and 12 per cent in mileage.
months of the year,
we find that the roads reporting had aggregate earnings
the Chicago St. Paul Minneapolis & Omaha system show $8,499,657 above those for the corresponding period in
33 per cent increase in earnings and 31 per cent in mile- 1880. Only nine roads in the list show a decrease, and
age.
Hannibal & St. Joseph, which forms part of a line these are roads that suffered most severely from the effects
increased about 27 per cent, has 35 per cent increased
earnings. Chicago & Alton, with no change in mileage, has
14 per cent decrease in earnings. The roads embraced in

to Chicago

and whose mileage was the same

suffered a decrease in earnings of

Eastern
increased

Illinois,
its

a north

and

in both years,

8 per cent.

Chicago

&

south line to Chicago,

earnings 8 per cent, with mileage no larger.
on the heavy earnings of last year, shows

Illinois Central,

a falling off of less than 5 per cent on
but 2 per cent on the Iowa lines

its Illinois lines
;

its

mileage

unchanged.

Taking the

figures for the first five

As

in the

others in

amount

of the extreme weather during the winter.

previous month. Central Paiific leads

all

That road has earnings almost two million
above those for the five months of last year. DenRio Grande comes next, having increased its earn-

of increase.
dollars

ver

&

Then follows Louisville & Nashville,
and
On the St. Paul the inincrease
of
with
an
$1,154,028.
was
St. Louis Iron Mountain &
crease amounts to $979,493.

At St. Louis the receipts of grain show an increase.
Together, 2,816,781 bushels of wheat and corn were received in the four weeks of 1881, against 2,154,712
bushels in the corresponding four weeks of 1880.
At
•Toledo there was a decrease of about 350,000 bushels on
wheat and com. Peoria again has larger receipts in fact

—

of 17 per cent in receipts

ings $1,193,706.

Southern has made $607,212 more, operating the same
The International & Great Northern
last year.

mileage as

records a gain of $354,803.
cent;

as said above,

per cent more mileage.

found in the subjoined

This

is

company
The details

the

table.

equivalent to 57 per
is

operating only 15

for each road will be

...

1

THE CHUONKJLK

626
GROSS EARXINGS FROM JAXCART

»
Cairo

&

Cliioajfo

Louis*

St.

&

Alton

Cliicapo i« East. Illinois.
Chic. AOranrt Tnuil;t...
Clilcaso iMilw. & St. Paul
Cliicato iV: Nortliwost
Cliic.St.P.Minn.&Onialia.
St. Paul A Siou-x City..
Cincinnati ifc Sprinjrficld.
Clev. Col. Ciu. & lud
Cler. Mt. Venion & Del*.

Denver & Rio (ii-ande
Des JIdincs & Ft. Dodge*
East Ten n. Va. & Gil*
Pcro Maiviuotte..
Great Wcst'n of Canada:.
Hannibal & St. Joseph ..
Houston & Texas Cent..
Flint

it

lU. Central

Do

line)
(la. leased lines).
(111.

Indiana Bloom. At West.
Internat'KVGt. North...
Lalco Erie &. Western
Louisville .t Nashville. ..
Menniliis & Charleston...

Weniphis Paducali &No."
Jlilw. I,. Shore & Wost'n.
Minneapolis & St. IX)Uis.*
MoliUe it Ohio
N. y. <fe New England
Northern Paeitie.
Peoria Dec.>V Kvansvllle.
8t.L.A.&T. H. main line.

Do do
St.L. Iron

(branches)..
South'n.

Mt.&

Louis & S. Fr.ancisco.
Paul Minn. & Man....
Scioto Valley
Texas & Paoihc
8t.
St.

Waliasli St. L.

& Pac

*

5.:«'.»,ooo

e.720,956
783.119

31.

Of the trunk
Deerease.

Itiercase.

$

245,145
82*', 969
131,652
6,779,742
2,806,630
439.497
462,325
4,409,507

292,987
791.121
161.700
8,708.763
2,5«0,S87
622.112
560.180

*
37,848

1,601.360
155,5S3
1,971.629

225,743
182,645
98,135
979,493

_

114,710
782,718
744.079
2,133.425
817,863
1,506,886
2,317,113
581.538
482.0S9
976,119
487,600
4,235.009
495,919
69.739
192,791
295.217
976,831
1,003,522

i

139,295

241,382
34,448
89,200
19.336
354,803
138,195
1,154,028

349.10.-)

439,633
76,804
152,735
209,043
891.852
861,374
681,320
133,3ie
523,709
265,551
2,255,032
913,174

8G1 ,999

225,736
607,823
294.123
2,882,244
1,201,416
l,5i2,958
128,821
1,384,184
4,918,273

56.31(.

12,9o5
40,03(i

86,201
8 J. 979
142 118
180,679
92.387
84,111
28.572
607.212
258,242

........

113,388
995,280
5,202,311

Erie, whose operations are embraced in these figures.
The two Canadian trunk lines, the Great Western and the
Grand Trunk, also seem to be doing well, as they return

controlled

1 to

May

8.499.6.17

May in eaeu

28.

Name.

1 to

May

& N.T. Air Llne.lSSl
Bo
do
IS.'^O

Boston

27,

April net earnings, as reflected in the returns of the
make a very encouraging exhibit. January

Burlington Cedar Rapids

18SU
Del.. 1881
ISSO

Do

&

do

Des Moines &

will

maintained in April.

& NciS'^t

do

Do

be remembered, were not generally
favorable, but in Marcli there was quite an improvement
in most cases, and this improvement appears to have been
it

Burl. Cedar Rap.

Clev. Mt. Vern.

roads below,

and February,

Ft. D'Ke.lSSl

Do

Gr.

do

& Northern

18*J

Trankof C.lnaaa....l&Sl
do
IfeO
Do

Do

duces the falling

off for

The gain

is

Pcnn.

(all tinea
Piltfi.
Ki-ie)

Do
Phlla.

$8,067, which re-

affected

the year to $18,922, of which

by snow blockades and storms, and

gratifying to note that they are

portion of their previous
roads.

&

I

o

£

*

S«4,7«

312,32»1
169,141

ifl.900

def. 710

19.190

13,138

630

)

1.S.S..J35

Its, 110

1880

los.ioe
487,272
386, 1 SO

90,891
269.441
272,561

70.385
53,572

3 7D0..S73

2,tC4.5fl2

3.1>S,3C6

1.992.7S1
1SS,5.W
198,812

ISRl
ISSO
issi

iErle
do

S!)3.323
sai,«i'

1S.S0

Louis Iron Mt. & S0.IR8
Do
\lfJ
do

t
8.425.S09

Oregon R'y

Do

is

&

do

5,820.001
5.805.810

338,335
433,281
706.433
680.473

2,382.053

January

$185,000

*23-1.600|

327,3171

821.827
683,535
491,822

88.71611 l,90o.'J79

naming] Expetlses.
1880

9.513
8,854

1S6.136J;

361.0S4

Nft
Earnings

JSav. C0..I8SI

295 581

1.65".810' 13.889.505
1,490,582; 12,i94.B79
1,028.700
101.7S5

319,5251

{(fpcratinfj

1,135,019
989,437

76,839
68,104
780,244
721,71

iTay.

Gross

2.'!23,907

1,708,991
1,466.809

217.831
118,569

382.2'8

5'0.302
40S.241

7(M.560
603.818

21,3 i9j

i

i

i

64,347!
61,333;
29.055'

8'«(XW

east of

do

13,338'
5,271'

125.941
116.477
69,897
90,979

38,923
40,203
136,782
214,163
19.340
87,818
18,861
37,783
e
201,610
194.311

86.2.35

88.240
625.491
679,463
133.095
141,889
98.603
83.199

193.0271

132.49(

Date.

1 to

Cross
Net
Earnings] Earnings
I

1,395,232
1

1,191,5001

t680.273
628.667

Jil nnaryl.to

Date

able to retrieve a

Quincy, which for the

quarter of the year showed a falling

28,258
16.887
12,875

M,0J8

Net
lonerating
Earnings Expenses. Earnings.
Gross

We have no other Western

loss.

Chicago Burlington

now

it

&

Do

St.

$12,000 is to bo ascribed, as said last month, to a payment
on account of steel rails, leaving the actual decrease
Both these roads are in the district which was
$6,922.

most

do

28,11)9

30,22s
IS.llB
V
iiw.ass
10<,810
88,952
72.306

Great West. of cinada.iPSl
;sso
Do
do

year amounted to $123,885; now it is $107,386. The
Des Moines & Fort Dodge also had larger net earnings in
last.

to Date.

I

aroaa
Net
Eiirninga Earnings

11,375
8,0a4
50,681
34,182
7,188
8,012

14,975
133.999
107,470

23,069
isi.aso
111,052
35,353
3B,2<0

increased its net earnings during the month §16,499, and Lou'STlUe Si Nashville. 188
Do
ISSO
do
has thus entered, as wo expected it would, upon the work Mem. Pad. & Northern 1881
Do
do
1830
of wiping out the loss incurred in the first three months Nash. Chat. & St. Louis 83
Do
do
1S.'«
At the end of March the decrease on last Northern Central
of the year.
V'S*

April this year than

January

Grons
Orttratino
Net
Earning*! Expeii^es. Earnings

1

yea".

January

;

monthly exhibits for publication.
For April.

284,238

54943,093 9,500,774 1001,117

January

Northern Central,

by the Pennsylvania, almost doubled
the figures being
its net earnings during the month
$217,831 in April, 1881, and §113,569 in April, 1880—
and for the first four months of the year there is an
increase of $196,713. The company has this week declared
a dividend of 3 per cent, payable in July, and paid one of
Previously, nothing had been paid since
2 k in January.
1876.
The Oregon Railway & Navigation" Company has
furnished us with its statement for !May, from which we
see that the net earnings were §234,600 this year, against
§195,027 in May, 1880. For the five months to date, the
figures foot up §630,273 in 1881, and $628,667 in 1880.
The statement below gives the gross earnings, operating
expenses and net earnings for the month of April, and
the gross and net from Jan. 1 to April 30, of all such comis

jMinies as will furnish

318.361
13.43S
388,y04

1,191,59-1

this

—

219,004

3,080.981

and

notwithstanding a decrease of $93,926 on the Philadelphia

which

9,245

957-loS
1,265,604
2,351.561
670,738
462,753
621.316

to $214,091,

large percentages of gain for April.

1,193.706
12,230
79,241
122.340

621,70'>
1,914.421

per cent, bringing up

11

months

83,835

33,190
39,845

164,828
777.923
102,486
703.477

XXXTL

Pennsylvania reported an increase

lines,

for April of $160,228, or about

97,265
201.825

1,5>51,513

.

&

27,d4's

1,929,021

578,294
53».750
355.177

[Vol.

the increase for the four

47,742

6,818,221

455.915
388. 3G7

Totp'

Netlncrease
* Throe \« eeli.^ only of
t

TO MAY

1880.

1881.

Aliitoma r.t. Sontliorn...
Burl. Cedar Rap. .fc No...

1

1

1

ofE in

& St.
Do

Cairo

first

Louis

$39,708
30,123

1881
1880

do

$13,S."5
3,740i

J26.173
26,388

Net
Eanwujs Earnings
Gross

$80,777
7,028

$103,941
78,52'

net of §865,977,

or 35^ per cent, has not yet come to hand for April.
Southern roads did not have to contend with a snow

RATES OF EXCHANGE AT LONDON AND ON LONDOU
AT LATEST DATES.
months, much
EXCHANGE OX LONDON.
28.
LOXDOX—May
Nashville net EXCHANGE AT

blockade, nor suffer to any great extent from storms, and

consequently these make, for the

more

flattering comparisons.

first

four

Louisville

&

0,1-

earnings in April this year were $143,185 above those
for April

makes

last

year,

an increase of 85 per

cent.

This

Amsterda'.n

Amsterdam
Antwerp

gain to April 30, §145,582. It is true
that the company operated more miles of road this year,
the

total

Hamburg
Berlin

Rale.

Time.
.

.

...

3moa.

12-314

812-4

Latest
Dale.

Time.

Bale.

May 28

Short.

12-15

....
Short. 12113 al2-2ia
3uios. 25-47i3®25\o2ia .May 28 Short.
**
*'
May 28
20-64 a20-'88
"
'*
May 28

20-ti4

S20-68

20-64 ®2068
but the additions are mostly lines that formerly did not Fraukfort...
"
18-40 -313-45
Cope Jib ageu.
23^8 a 23=8
St.PetLTa*bg.
earn much, if anything, net. Nashville Chattanooga &
Short. 25-17isS25-27ia
Paris
3iuos. 25-42 ii.S'25-50
St. Louis made a gain of $11,813 .in its net earnings in Paris
11-871b®11-90
Vienna
4758a473a
April, and has thus cut down the decrease for the year Madrid
"
47=834738
Cadiz
25-92^3
a26-tX)
(to April 30) to $29,246.
Mountain
&
St. Louis Iron
52>4»52i8
Lisbon
Southern net earnings increased from $88,716 to $164,084;
New York...
for the four months there is now an increase of $25,958, Bombay .... 60 days
IS.71I161I.
"
Is.7lli8<l.
Calcutta
against a decrease of $180,089 at the end of the first two Hong Kong.,
*""*
eiiaaifb^....
months.
<*

May

28

*'

25-22'a
20-50
20-50

20-50

'*

May 28

Short.

25-'2i

May

Short.

117-70

'28

**

'*

....

May 28 3mo8.

20-65

**

.

•

-May

'25

3mo9.

May 28

Short.
M.iy 28 4mo3.

May 29
Mav 28
May 28

•*

"

i-'i

Is. 778<iIs. 713l6a.
3s. 8'8d.
5s. l^d.

—

..

JCNB n,

..

THE CHRONICLE.

1881.]

[From our own correspondent.]
London, Saturday, May 28, 1881.
There has been rather more demand for money this week,
owing chiefly to the settlement on the Stock Exchange, which

was comparatively heavy. About £2,000,000 is also said to have
been locked up in connection with the new Hungarian loan, and
the quotation for short loans has ia consequence risen to 2 per
cent. In the state of the discount market, however, there ia no
The supply of mercantile paper is still very
material change.
limited, and the rate of discount for three months' bills does
not exceed IM to 1% pet cent. The market shows no indications
of change, and, with the exception of a temporary demand for
Stock Exchange purposes, it has presented no important feature.
The banks, have, however, for some time past been affording
the Stock Exchange great facilities for speculation, and these
operations seem to form a large proportion of their business.
The following are the present quotations for money
Per cent.
Per cent. Open m.arkot rates—
Bank

2ia
4 montlis' liauk bills
rate
\''a91
6 moutlis' l>ank bills
2 3219
Open-market rat«8
li^afe
1 & 6 moutUa' trade bills. 2iaa3
30 and GO days' bills
l^ai'^s
3 mouths' bills
The following rates of interest are allowed by the jointstock banks and disconnt houses for deposits
Per cent.
II3
Joint-stock banks
II2

Discount houses at call
do
wltli 7 or 11 days' notioo of withdrawal

1%

a statement showing the present position of the
Bank rate of discount, the price of consols, the average quotation for Eaglish wheat, the price of
middling upland cotton, of No. 40 mule twist, fair second
quality, and the Bankers' Clearing House return, compared
with the three previous years.

Annexed

Bank

is

of England, the

1881.

&

*

Clrcalation, excluding

1879.

1880.

bank post biUs

26,334,075
Public deposits
7,125.297
Other deposits
25,415,850
Goverum't securities. 15,870,303
Other securities
19,179,720
Res've of notes & coin. 15,368,849
Coin and bullion in
both departments
25,952,924
Proportion of assets
46-92
to liabilities
.

1878.

£

2G,730,615

£

25.517,047
15.689.832
19.403,293
15,787,085

27,113,780
6,743,142
21,285,805
15,556,488
19,070,375
11,338,102

27,538,300

33,273,018

23,451,982

47-55

102=8

99%

53-06
2 p. 0.
991s

44s. lOd.
5lB,ed.
93id.

44s. 8d.

418. 4d.

Clear'K-houee return. 97,413,000

Bank

212 p.

rate

Consols
Eng. wheat, av. price.
Mid. Upland cotton .
.

Mo. 40 Mule twist...

3 p.

c.

c.

4006
21s p.

c.

9713
518.

•2d.

0->8'l.

lAd.

e%d.
lOd

84.791.000

77,938,000

75,873,000

9M.

There has been scarcely any movement in gold during the
week, but there has been some little inquiry for export to Spain.
For silver and dollars the market has been dull. In the Indian
and China exchanges there has been no material variation. The
following prices of bullion are from Messrs. Pixley & Abell's
circular.

Spanish doubloons
South Aniericiiii doubloons
United States gold coin

German gold coin

».

d.

d.

s.

per oz. standard. 77 9 ®
silver, per oz. standard. 77 IOI2®
per oz. 74
®
per oz. "73 9 ®
per oz., none here
-a

75

®

peroz

SILVEB.
d.
Bar silver, lino
per oz. standard, last price. 51S8 ®
Bar silver.contaiu'g 5 grs.goid
peroz. standard. 52
9
Cake silver
per oz. 55tl ig®
Mexican dollars
peroz. 0II4 'S>
Chilian dollars
peroz
a
Quicksilver, «6 78. 6d.
Discount, 3 per cent.

d.

>.

..1]

The following are the current rates of discount at the principal foreign centres :
Sank
Open
Sank
Open
rale.

Amsterdam

Pi: cI.
319

3

market.
Pr.

St.

3

Geneva
Madrid, Cadiz

Brussels

413

414

Genoa

4

4

4

314

Frankfort

Vienna

rate.

Pr.

cl.

3%

Berlin

Hamburg. . .

operations.

&

A. Scrirageonr inrite subscriptions for an insaa
f 6,600,000, the balance liaving
been taken in America) four-and-a-half per cent bonds of the
Atchison Topeka & Santa Fe Railroad Company. The issue, it
is stated, has the direct and unconditional guarantee of that
undertaking, and as collateral security the first mortgage txmds
of the Mexican extensions, the construction of which is the
object of the loan ; and the prospectus points out that the
operations of the parent line last year resulted in a clear anr*
plus of $941,000 after paying all charges, interest and 7?6 per
cent dividend on the share capital. The subscription price of
the $1,000 bond is £202, which Is equal at the present exchange
Messrs. J.

of $1,000,000 (part of a total of

to about 97 per cent.

During the week the prospectuses have appeared of seveni
new companies, chiefly of mining undertakings.
The directors of the "Victorine Gold Mining Company
(Limited)" invite applications for 69,855 first mortgage bonds
of £1 each, part of an issue of 100,000 bonds, the balance having been already subscribed. The company is to work a group
of gold mines in Nevada. The share capital is £305,000, in £1
shares, of which 300,000

go

to

the vendor in payment, with

£50,000 cash. The bonds are a first charge upon the property ;
they will bear interest at the rate of 10 per cent, and are redeemable at £2 each by six half-yearly drawings in 1882, 1883

and

1884.

& Co. have issued a prospectus of a loan for
£2,450,000 in six per cent (bonds at the price of 91 per £100
bond) for the Argentine Republic. The money is required fop
railway purposes.

About 150,000 bales of wool have been disposed of at the
gublic sales of Colonial wool now in progress, being nearly onealf of the quantity to be brought forward. Respecting these
sales Mr. Helmuth Schwartze writes
There is no now feature to record in tlie sales, which progress very
steadily. Australian greasy wools sell in full parity with the closing
rates of last series, souiei imes even at an advance, especially In the case
of the bettei- classes. Fleece-washed sorts are in less request and command only very modciate rates. Superior Port Phillip fleece and.
medium Sydncys may thus tje bought very reasonably. Crossbred wools.
when fine, continue in good demand, and the coarse-st sorts are less
depressed than tit the outset of the s;Ues. The saiuc may bo said of
'aulty scoureds, for which there is now rather better comi)etitiou. As
rcgaids Capes, the only sorts still showing any decline ar« low snow
whites and scoureds which sell i^d to Id. below last sales. .Ml the other
sorts are practically on the March level. The sales continue very well
attended, and the increased animation which we reported in our last
circular is fully sustained. From abroad the tra<le advices are still
unsatisfactory, but an improvement has lately begun to show itscU in
:

the English markets.

OOLD.

Bar gold, fine
Bar gold, containing 20 dwtB.

Paris

of June next to £2,000,000 4 per cent Cape of Good Hop*
debentures in coupon-bearing bonds of £1,000, £500, £300 and
£100 each. The principal ia to b« repaid at par by annual
drawings. The loan has been authorized by the Colonial
Legislature to provide the expenses of carrying ont military

Messrs. Marietta

28,877,740
8,022, 108
28,281.999
14,675,257
20,190,996
19,400,278

7,42:. 429

627

3
3I4
3=8

Petersburg...

liarcelona

et.

Pi:

5

4ia

4

4

5
5

&

...

market.

6

Lisbon <& Oporto.
5
Coiieuhageu
3iaa4
Calcutta
6

ct.

31a

The report of the Deputy-Master of the Mint has just been
issued for the year 1880. It states that during the first six
months of 1880 rather more than £4,150,000 was delivered to
the Bank of England, in sovereigns and half-sovereigns, and
the total value of the coinage was brought up to £4,185,000.
This, add.s the report, is the largest gold coinage executed since
1876, when the amount Issued during the year was £4,700,000.
During the intervening period of three years, owing to the

general depression of trade, the annual average demand for
gold coin from the Mint had been but little more than £1,000,000, the importation of sovereigns issued by the Sydney and
Melbourne Mints having each year been sufficient to make up
the quantity of new coin required by the Bank of England.
The Crown Agents for the Colonies invite tenders on the 2nd

The stock markets have been rather dull, but they have presented no important feature. Consols have experienced a slight
Business is being conrelapse, but their value is still high.
ducted with greater caution, as the rapid introduction of new
companies is occasioning greater anxiety.
The weather during the week has been much more seasonable. There has been a moderate fall of rain, and the temperature is much higher. More rain, however, is wanted fop
the grass lands and the late-sown crops. The wheat plant
promises well, but the crop is decidedly backward. The trade
for wheat has been quiet, but, on the whole, steady, without
material change in prices.
During the week ended May 21, the sales of home-CTOwn
produce in the 150 principal markets of England and Wales
amounted to 28,402 quarters, against 26,677 quarters last year,
and 53,672 quarters in 1879 ; and it is estimated that in th«
whole kingdom they were 113,600 quarters, against 105,600
quarters and 214,700 quarters. Since harvest the sales in the
150 principal markets have been 1,388,537 quarters, against
1,148,572 quarters in the previous season and 2,085, l.'in quarters
in 1878-9 ; the estimate for the kingdom being 5,554,150
quarters, against 4,634,400 quarters and 8,344,700 quarters ia
Without reckoning the
tne two previous seasons respectively.
supplies of produce furnished ex-granary at the commencement of the season, it is e.stimated that the following quantities
of wheat and flour have been placed upon the British markets since harvest. The visible supply of wheat in the United
States is also given
:

1880-1.
J879-80.
Imports of wheat.owt. 42,206,510 44,067.416
9,740.741
7,075,257
Imports of floui-.
Sales

of

6,61-2.'223

1877-8.
42,009,092
6,449,204

1878-9.
35,203,729

home-grown

_^

produce

24,068.000

20,082,000

36,160.000

28,197,000

Total

76,075,251

71,821,673

77,975,952

76,055,296

of
exports
Deduct
wheat and Hour.... 1,012,210

1,075,038

l,409,6o8

1,435,419

70,749,635

76,500,291

75,219,877

46e. lOd.

408. G4.

Sis. SO.

20,400,000

13,960,500

_ _„_ .,„.»
7,507,600

75.063,011
Result
v'ge price of English
43s. Od.
wheat for season (qr.)
Isible supply of wheat
In the XL 8.... bush. 16,300,000

»

:

'

THE CHRONJCLE.

628

EXPORTS AMD IMPORTS OK SPECIE AT

The following retam shows the extent of the imports and
exports of cereal prodaoe into, and the exports from, the United
Kingdom during the first thirty-nine weeks of the season, c< mpared with the corresponding period in the three previous
seasons
IMPOBTS.
1880-81.
1879-30.
1878-79.
1877-78.
owt.42,266.510 44,067.416 35,203.729 42,009,092
9,549,910 11.4.59.002
8,018,412 10,457,247
6,745,172 10,076,424
7,935,363
8,330,656
1,614,355
1,496,479
1,149,196
1.329,833
1,946.479
1,810,810
956.539
2.508,002
25,006,904 20,162,364 24,596,884 23,891.336
9,740,741
7,675,237
6,612,223
6,499,204
EZF0BT8.
912,296
951,841
owt.
1,306,038
1,380,118
26.118
45,430
98,950
44,380
79,047
555.495
71,124
67,747
87,629
06,164
14,9.94
17,139
36,538
34,098
10,683
17,171
416,869
193,238
324,834
186.975
99,944
123,197
103,570
55.301

Wheat
Barley
Oats
Peaa

Beans

com

Indian

Hour
Wheat
Barley
Oats
Peaa

Boans

com

Indian

Rout

IVoh. XX^lI.

NEW

Exporli.

Imports.

aold.

Week.

Great Britain

Since Jan.

$

$20,020,221
2 r39,641
4,727,751
2 10 075
8,698
146,872
217,116
5,366
100,791

$4,260

$

2,006
2,000

West Indies
Mexico
7,559

All other countries

Total 1881
Total 1880
Total 1879

EasUab market Reports—Per

Cable.

135.810
34,117

$7,5.59

$178,187

448,855
720,873

2,049.935
1,044,809

$14,061 $28,098,467
478,637
1,742,067
17,439
630,281

Silver.

$174,300 $4,504,875
26,050

Great Britain
France

and
by cable as follows for the week ending June
London.
Silver,

106%

1

118>a
1201a

common

z
W

50%

stock
Illinois Central

148H

68 13
Pennsylvania
Philadelphia & Reading.
New Yorli Central
155
Liverpool.

"

Cal. white

"

9
9
9

"

Com. mi!t..W.new

Hon.

J

i

gjfl

.

I47J2

67%

3058
15212

i
w

Wed.

Tues.
g.

3
6
2

4
Porlc, West. mess. ^ bbl. 73
Bacon, long clear, cwt.. 44
Beef, pr. mess, new.^tc. 37
Lard, prime West. ^ cwt. ,55
Cheese. Am. choice, new 54

49%
30%

(/.

"

121

68

Flonr (ex. State.. 100 lb. 12 3
"
9 4
Wheat, No. 1, wU.
Spring, No. 2...
Winter, We8t.,n.

106
118

153

Sat.
»

Thurs.

511a
9916]6
10018
k'^7}% 86-7712
105 13
IO514
11713
118
120% 120I3
4934
5038
14612 146%

8707

871212

Ir.

U. 8. 4>as of 1891
U.S. 4s of 1907

Wed.

T«e«.

51=8
51%
IOOI16 lOOhh
1005,8

51=8
1003,„
1007,

d.

Consols for money
Consols for account
Fr'ch rentes (iu Paris)
U.S. 5s of 1881
Erie,

Man.

Sat.

peroz

10:

12
9
9
9
9

4

Fri.

51=8

lOOhe
IOOI4
87-70
105 13

117%
I2019
49=8
1471a

68

30I2

30S8
I53I3

153
Thurs.

Fri.

d.

».

d.

».

d.

s.

d.

3

12
9

3

12
9

3

12

3

4

9

9
9
9
4
72
44
90
55
54

3
6
2

9

3
6

9
9

4
3

4
3
6

2

9^

72
44
89
55
54

4

913

3

9
9

6

2
9 2
4 9I2 4 913
72
72
43 6 43 6
90
90
55
54 6
52
50

West Indies
Mexico

10,204

3.57,491
'

—

National Banks Oroanized. The following-named national
banks were organized this week:
2,531— The Mercer

N.itioual Banli of Harrodsburg, Ky. Authorized
capital, $60,000; paid-in capital, $.50,000. James H. Moore,
President liobert C. Nuckols. Cashier.
2,532—The First National Bank of El Paso, Texas. Authorized capital,
$50,000; paid-in capital, $50,000. J. Keynolds, President;
John W. Bollars, Cashier.
2,533 The Ciiizens' National Bank of Crawfordsvllle, Ind. Authorized
capital, $75,000; paid-in capital, $75,000.
Alexander F.
Kamsey, President; Benjamiu Wusson, Casliier.
;

—

—

Imports and Exports for thb Wkbk. The imports of last
week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise.
The total imports were $4,455,215, against $8,600,723 the preceding week and $8,928,926 two weeks previous. The exports
for the week ended June 7 amounted to $6,617,107, against
$8,317,641 last week and $7,077,845 two weeks previous. Tiie
following are the imports at New York for the week ending
(for dry goods) June 2 and for the week ending (for general
merchandise) June 3 also totals since January 1:

For Week.
Gen'lmer'dise..
Total
Since Jan.

1879.

1878.

Dry Goods

NEW

Gen'lmer'dise..

place these bonds on the

Application will be made at once to
of the Stock Exchange.

$1,043,040
4,309,360

$1,304,539
6,012.156

$801,503
3,653,712

$4,693,355

$5,352,400

$7,316,695

$4,455,215

Total

$40,031,978
97.535,137

$58,877,908
168.046,746

$47,907,372
133.849,273

$127,195,381 iil37,570.ll5 $226,924,654 $181,756,645

In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending June 7, and from January 1 to date:

EXPORTS FROM

list

—

The New York, New England & Western Investment Company, whose card appears in another column, has been reorSanized with the following board of directors Mr. Joseph P,
Geo. Moore,
iale. President, in place of Mr. John C. Short
John W. Deford, Second Vice-President, and
Vice-President
Mr. Geo. W. Debevoise, Secretary and Treasurer.
The attention of holders of second mortgage income bonds
of the Indianapolis Decatur & Springfield Railway Company is
called to the advertisement of the Secretary in our columns today, as the time is drawing to a close in which they can avail
themselves of the privileges offered by the company.
The Ontario Silver Mining Company of Utah announces its
sixty-eighth dividend (for May), amounting to $75,000, and
mating a total of $3,500,000 thus far paid out.
The Deadwood-Terra Gold Mining Company, of Dakota,
ha-s declared a $40,000 dividend for the month of May, payable
at Wells, Fargo & Co.'s on the 20th instant.
:

;

;

—
—
—

BANKING AND FINANCIAL.
OFFICE OF FI4K & HATCH,
NO. 5 NASSAU STREET,

$858,108
3,837.217

$36,296,563
90,898,821

$1,365,597
2.518,196
4.042.994

—

New

1881.

1.

Dry Goods

180,775
210,626

—

TOEK.
1880.

$.53,178

Of the above imports for the week in 1881, $5,030 were
American gold coin and $29,424 American silver coin. Of the
exports for the same time, $7,559 were American gold coin.
Texas Pacific— Southern Pacific. A dispatch from Santa
Fe, New Mexico, dated June 4, states that, on the petition of the
Texas & Pacific RR. Co., a temporary injunction was granted
May 26, by the Supreme Court of New Mexico, restraining the
Southern Facifie Railroad from operating or occupying 130
.miles of its road in New Mexico. The suit is brought to recover
all that portion of the Southern Pacific built upon the land
grant of the Texas Pacific in New Mexico, which is over a
stretch of country from the Sansimon River, on the Arizona
line^.to within four miles of El Paso, Texas, a tract of 130 miles.
A temporary injunction has been granted, and Judge S. B.
Newcomb, of Las Cruces, has been appointed temporary
Receiver. The order to show cause why the injunction and
Receiver should not be continued is made returnable at Santa
Fe on June 24.
Messrs. Fisk & Hatch announce the closing out, at 106 and
interest, of all the balance of the $2,000,000 Chesapeake &
Ohio Series A Bond.s, which they have been selling for the company, and the proceeds of which are being applied to the extension of the eastern terminus of the road to Newport News, the
purchase of new equipment, and other improvements and addi-

;

FOREIGN IMPORTS AT

736,408
85,623
6,629

935

18,440

$174,300 $4,698,089
54,815
2,163,889
433,092
8,686,464

Total 1881
Total 1880
Total 1879

tions to the property.

&ammeiccinl^nAW'lsctllKmoxi5^tvoa.

$118,772
235
60,389

$17,519

114.1.57

All other countries

daily closing quotations for securities, &c., at London,
for breadstuflfs and provisions at Liverpool, are reported

Since Jan. 1

Week.

1

24'.337

The

YORK.

Of the $2,000,000

which we have been

1881.

30,

CHESAPEAKE & OHIO
selling for the

company

"

SERIE3 A" BONDS

at 105

and

,

interest, there

are but about $200,009 remaining for sale; the price for these

is

ad-

vanced to 106 and Interest.
This road

is in

activeand successful operation, and will earn this year,

net, three-fold all its Interest

The
First

NEW YORK FOR THB WEEK.

York, May

payments.

ELIZABETHrOWN LEXINGTON & BIO 8ANDT RAILROAD
Mortgage Bonds have sold so rapidly that the price

is

advanced
j

from to-day to 103 and Interest.
1878.

For the week...
Prev. reported..

«6.677.748
145.507,518

1879.

$5,510,538
133.287.900

1830.

$9,240,630
156,609,094

1881.

$6,617,107
163,292,847

Total s'ce Jan. 1 $152,183,266 $133,828,438 $163,849,724 $169,909,934

The

following table shows the exports and importg of speci
at the port of New York for the week ending June 4 and sine

January

1, 1881:

This road

and

will

is

the western continuation of the

connect

it

with the entire system of roads West and Southwest.

Both the above bonds pay their

Kew York city,
raent.

CHESAPEAKE & OHIO,

in gold coin,

Interest

promptly and regularly i

and we regard them as an excellent invest-

Interest six per cent.

FISK

<t

HATCH.

j

.

.

JUHK n.

.

:

.

:

THE CHRONK^LE.

1881.J

629

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

OIVlnBNOMt
The foUo^ox dlvldentU have

1881.

June

recontlT been aunounoed

Xante of Company.

Per

Whtn

cent.

Payable.

Books CUitett.
(Days itulusite.)

Specie
Circulation

Railroad*.

Union

4

JiUy

1%

June
June

3

i

July
July
Julv

3

July

•3-3

o
.

1%

iniKcellaneon*.
American Kxproas
Spring Mountain Coal
western Union Tel, (guar.)

Juno 12

July

July

1

I's

The Money Market and Financial

so

bank returns

It will

be observed

that in the short space of less than two months, from

March

11

there was a large rise in several leading items of the
bank statement, and the total of resources and liabilities into

6,

creased no less than $130,000,000. The following is the abstract
to the Comptroller, showing the condition of the national
banks of the United States, including national gold banks, at

made

May

and March 11, 1881:
jMavO, 1881.
Jfar. 11. 1881.
$1,080,412,901 $1,069,600,001
Overdrafts
4,236.480
4.126,748
Wnitcd States bonds to secure circulation
352.653,500
339,861.950
United States bouds to secure deposits..
15,240,000
14,851.500
United States bonds on hand
44,116.500
46,580.650
Other stocks, bouds and mortgages
52.908.123
49.625,654
Due from approved reserve agents
128,017,350
120,849,907
Due from other national banks
63,221,099
62,267,993
Due from State banks and bankers.
16,939,734
17.030,568
Real estate, furniture and fl.vtures.
47,791,348
47.440.790
Current expenses and taxes paid.
6,096,109
7.810,930
Premiums paid
--4,024,763
3,530,516
Checks and other cash items
11,826,603
10.144,682
Exchanges for Clearing House
196,633,558
147,7(il.543
'"'
"
Bills of other national banks.
25,120,933
17,733,032
Fractional currency
336.950
386,509
Gold coin
65,002.512
53,910,465
Gold Treasur.v eertiticates
5,351,300
5,523,400
Gold clearing-house eertiticates
44,194.000
38,101.000
Silver coin
6,820,379
6,2!>0.370
Silver Treasury certiUcates
l.i: 00,340
1.004,960
Legal tender notes
62,516,296
52,156,439
the close of business on

6,

18S1,

Resources.
Loans and discounts

—

.

.

United States

.

certificates of deposit for

legal-tender notes
Five per cent redemptiou fund
Due from United St.vtes Treasurer

8.045,000
15,572,501
2,876,097

Total

6,110,000
14,991,211
2,034,058

$2,270, 264,014 $2,140,110,944
Liabilities.

Capitalstock paidlu

$459,039,205
124,405,926
54,906,090
-315,171,335
5,434,142
309,737,193
252,647
2.617.134
1,027,077,710
9.504,081
3,371,512

Snrplusfund
Other undivided profits
National bank notes issued
Amount on hand

Amount

outstanding
State bank note.s outstanding
Dividends unp.iid
Individual deposits

United

Statcis deposits

Deposits of U. S. disbursing ofiScers
Due to other natioual banks
Due to State banks and bankers
Notes and bills rcdiscounted

191,2.>0,091

80,700.506
2.908.370
4,493,544

BlUspayable
Total

$458,254,935
122.470,996
54,072,225
303,026,980
4,436,178
298,590,802
247.788
1.407,089
933,392,436
7,381,149
3,839,324
181,677 285
71.579.477
2.616.203
4,581,231

$2,270,264,014 $2,140,110,944

The amount

of circulation outstanding at the date named, as shown
by the books of this office, was $353,326,051, which amount Includes
the notes of insolvent banks, of those lu voluntary liquidation, and of
those which have deposited legal tender notes under the act of Juue 20,
1874, for the purpose of retiring their circulation.
*

.
.

Legal reserve.
Reserve held.
Surplus

June

7.

76,052,100 Doc 3,082,700
19.263.300 Dec.
37,900
339,548.600 Ino. 7,305,800
18,325,300 Deo.
808,500
984,887.1.50 rno. 91 ,84 1,150
94,377,400 Deo. 3,391,200

61,100.000
20.059.900
266.839.000
21,934.800
$60,709,750
83,013,800

18.998.700
10.977.800
226.963.300
42,822,800
956.740,825
61,819,500

$9,490,250 Doo.95,232.650

9ie,334.0&0

95.078.675

—

Exchangro- Th«' market for foreign exchange has shown at
times more animation and firmer prices, but to-day rates were
about steady. On actual business they are about 4 83)^@4 84 for
prime bankers* 60 days sterling, and 4 85?6@4 86 for demand;
cable transfers about 4 86(84 86^.
Quotations for foreign exchange are as follows:

June

bank

much importance

untisnal interest centres in the national

the Comptroller of the Currency.

—Tiie

1870.

1880.

Junes.

18til-3 P. M.

10,

Situation.

moTements of the country are a matter of

May

to

Juno 12 to July 1
May 30 to Juno IG

$2 50 July
3 Hi Juue

NEW YORK, FRIDAY, JUNE
now that
made to

17 to June 20
17 to June 29
11 to
10 to July 19
16 to July 1

2>a

Pacific

.

depositri

Legal tenders.

June
Juno
June
June
Juno

jym

Loans and dls. 9341,094.900 Ino .99.060,200 9270.056,000 9268.332.700
Net

Connecticut River
Ohio, it N. W. prof, (quar.)
Do.
do.
com
Morris & Uggox
N. Y. Cent. Ic Had. R. (([uar.)
N. Y. AUarlcm
Nortlicm Central
Pcnnnylvanla Co

Dlffer'Tieet

4.

Sixty Days.
Posted Itales.

10.

I^ime bankers' sterling bills on London. 4 8h:%34 341a.
4 82i2»4 83
Prime commercial .:
Doeumontar.v commercial
4 82 «4 82I4
Paris (francs)
5 22ia2»5 20

Amsterdam

(guilders)

40i«

391<>ts9

94H»

Frankfort or Bremen (relchmarks)

94!>g

Demand.
Posted Batti.

85^94 86>9
4 84494 85
4 84 94 84>3
5 19%9S 17>a
40>e« 40*8
0i\a 95>e
4

—

United States Bonds. The weakness in prices noticed in oar
last report was occasioned by the return to this market of a
large amount of coupon fives from abroad. The holders of these
could not obtain 3^ percent coupon bonds, and registered bonds
they do not want hence they made haste to push their bonds
over here, and get the high price for them which this market
afforded. Prices are again stronger, and at the close 4}68 of
1891 sold at about nh%; 48 of 1907 at 117^; 6s continued at Z}i,
103 5s continued at 3^, 102?^.
The closing .Drioes at the New York Board have been as follows:
;

;

Interest

Periods.
68,
58,
58,

1881
1881
1891
1891
1907
1907

48,
49,
68,
6s,
6s,
68,
88,

our'oy,
our'oy,
cur'oy,
our'cy,
our'oy,

4.

7.

6.

June
8.

June June
9.

10.

IO314 102Tg •102% '102''8
•lOlifl lOlifl '101
reg. Q.-Feb. •lom •loiis •101
103
coup. Q.-Feb. •lom loiv, 103 >s 103
103%
11414 •'115
reg. Q.-Mar. ni538 •1153s •II518 •115
coup. Q.-Mar. •115% 11538 •115i« •115 •11431'115
116%' 116%
reg. Q.-Jan.
117% II7I8 •11718 117
coup. Q.-Jan. 'IISH 11818 118
•H7''b 117=» 118
1895.. reg. .r. & J. •130 *130 •130 •130 •130 • 130
131 *131 •131 •131 • 131
1896.. reg. J. & J. •131
1897. .reg. J. & J. •132 •132 •132 •132 •132 ' 132
'133 •134 133
134
1898.. reg. J. A J. •133 •133
1899.. reg. J. A J. •134 134 •131 •135 •134 • 136

continued at 3'2.

4>98,
4>iS,

June June June

J.

A

J.

n03is 103

This is the price bid at the morumg hoard no sate was made.
State and Railroad Bonds. The dealing in Southern State
bonds have not been active, and the low-priced bonds have been
particularly sluggish. Virginia bonds are not much afifected by
the meeting of the re-adjusters in Richmond. Louisiana bon(b
have been firmer, and a considerable amount has been purcha.sed here for New Orleans account.
Railroad bonds have been active, as usual, and several bonds
have come into prominence for their large salas and rising
prices, the Rome Watertown & Ogdensburg consols being most
conspicuous, and selling to-dav up to 107 at the close. The new
Ohio Southern Incomes opened at 61 and closed at 64. The last
sale to-day of Texas Si Pacific Income L. G. was $105,000 at
92M ; in the last hour $432,000 sold at the board from 91% to
*

;

—

92M.
Railroad and Miscellaneons Stocks.—The week has
shown a fair business in stocks without any great movement in one direction or the other. The tone of confidence,
upon the whole, seems to be well maintained, and in some
leading stocks there has been a further advance in prices.
The reported difficulty between the New York Central and Erie,
on the matter of grain transportation,

when it suits the parties, and there
among the bears, that any general war

is

likely to be settled

little confidence, even
of freight rates will take

is

A reduction of 5 cents for 100 lbs. from Chicago to New
ork was called for by Commissioner Fink, which may be followed by a restoration to the former basis.
It is a pertinent question now for stock operators to ask
whether the market is not in such a position that it demands
new events as stimulants to advance prices, or even to keep
them up to the present standard. So far, these events have not
been wanting, and hardly a week has passed from the first
of the year until the present time, that some important development has not been made, and a new consolidation, extension,
mainly
New England. In consequence of this transaction, or scrip dividend, or other transaction of eqaal moment, has taken
else making this a pretext for high rates, call loans were bid up place with one railroad corporation or another, which has bulled
to 5 per cent on Tuesday and Wednesday. With that exception its stock, and had a certain influence on the whole market. This
the range for call money on Government and stock collaterals week we have the report (not yet official) that Texas & Pacific
has been 2@4 per cent. Time loans for 60 days, 2@4^ per cent. stock will be exchangea for Missouri Pacific, on the basis of five
Prime commercial paper, sixty days to four months, 3@4 per shares of the latter for six of the former, and an official notice
cent.
comes from the transfer agent that the Texas & Pacific stock is
The Bank of England statement on Thursday showed a de- now $14,814,700, though it was leas than $8,000,000 when last
crease of f 17,500 in specie. The ratio of reserve to liabilities heard from. The Central of New Jersey has made a new loan,
was 46 5-10, against 45% last week the discount rate remains at and has also effected itstrafficcontractoverthe Pennsylvania Road
2J6 per cent. The weekly statement of the Bank of France to the West. The Panama Railroad stock sale has been virtually
shows an increase in gold of 3,175,000 francs and an increase in concluded at a price which gives about 290 per share to the
Bilver of 887,500 franc?.
stockholders. It is confirmed that Milwaukee & St. Paul has
The last statement of the New York City Clearing-House been authorized to issue to its stockholders $5,000,000
banks. Issued June 4, showed a decrease in the surplus above new stock at par. The elevated stocks in New York have l)een
legal re.serve of $5,232,650, the total surplus being $9,490,250, especially weak. Central Pacific was notably strong. Railroad
•gainst $14,722,900 the previous we^.
earnings are reported at mnch length on another page.
The money market has worked ea.sily enough, except for the
temporary disturbance which was caused by the payment on
Tuesday of $14,949,052 in New York (in one check, deposited in
the Bank of Commerce) for account of the purchase of
tie Philadelphia Wilmington & Baltimore Railroad stock by
the Pennsylvania Kailroad. This large amount was to be disbursed gradually to some 2,700 late holders of the stock, residing

m

;

?!ace!

——

. ...

.

.

.

THE CHKONICLE.

630

EANGE IN PRICES AT THE

[Vol. XTlXn,

STOCK EXCHANGE FOR THE WEEK, AND SINCE JAN.

N. Y.

DAILY HIGHEST AND LOWEST PRICES.
STOCKS.

June

RAII.UOADS.
Albanv Susquohanua
Boston * N. Y. Air-Line pref...

&

Alton

169

Northwestern

<fe

Do

pref. .

Do

pref.

Cincinnati Sandusky & Clev
Cleveland Col. Gin. & Ind
Cleveland & Pittsburg guar
Columbus Chic. <fe Ind. Central.

& Norwalk

143
144

144
145

81
81
7434 75'8
34
34
10338 102=8 lOS's
95 '8 9434 95 14
29 '8 30 's
SOHl
4738
46
46
7038

35 13

45%

46=8

106 14 107

841.J

4fi3^

46

&

Hannibal

Do

St.

Joseph
pref

&

&

West., new.
Gt. Northern

Indiana Bloom'u
International

&

Keokuk & Des Moines
Do
Lake Erie & Western
Lake Shore
Long Island

pref...

*fe

27I3

27%

65
63

65

31

46%
33
147

Do
2d
Memphis & Charleston

32
107

Michigan Central
Milwaukee L. Sli. & West., pref
Milwaukee* Northern
Missouri Kansas & Texas

New York & New England
New York New Haven & Hart.
New York Ontario AWestei-n
Do
pref.
Norfolk & Western, pref
..

Northern Pacific

800
1,620

44%

83

55 %

28%
551-2

18%

&

61 13

50%

5II4

187
36»8

3738

90

64

66%
44%

47% 48%
60

61 14

Lonis Iron Mt. & Southern.
Louis & San Francisco

St.

Do
1st pref.
Panl& Duluth
Do
pref

Do

pref.

Paul Minneap.
Texas & Pacitic
Texas «fe .St. Louis
St.

Toledo Delphos

&

.

..

Manitoba.

& Burlington

.

Pacitic

Wabash St. Louis &Pacific
Do
pref

MISCEI.I,ANEOUS.

American District Telegraph
American Union Telegraph ...
.

&

Pacific Telegraph

Canton CO
Delaware & Hudson Canal
New York & Texas Land
Oregon Railway & Nav. Co

.

Pullman Palace Car
Sutro Tunnel
Western Union Telegraph
ex-certificates

BXPRESS.

Ad.ama
Amerrcan
United States
Wells, Fargo & Co

COAI,

45

49%

96
81

96
81 14

61%

_

5

78I4 793,
11134 112

88

S314

83%
93%

83
93

.

Standard Consol. Mining

Cameron Coal

Central Arizona Mining
Cumberland Coal & Iron

Deadwood Mining
Excelsior Mining
New Central Coal

109% 111

89 14 89%

89

47 3e 48 's
88 14 89 14

48 %
89 =j

47

47=8

89

186

36=8

37%

64
65
43
44
82 'a 84
34% 35 14
43=8 44 14

37

37%

64% 6434
43% 44 14
83% 84
3--14
35 14

44

4

46% 48
60

6O34

41
43
4634 4634

98
80
61
78

98
80
62
78

67

Mining

88I4

6,800
2,900
1,050
5,416
6,144

20
11,770
216,750

100
100
15,545
2,965
35,110
1,775

900
300

61 14 63%
42% 43%
83% 8334
34% 35 14
43% 44%

891*

4734 481*

89%

89

36=,

371*

363*

36%

120
17,650
60

61

631*

63

04 't

lfl,600

185

3634

89

89

149%
110% 109% 110
1491* 148

47% 48%

47%

190

83

186

...

...

43% 43%
84
83
3534
34% 35 14
43% 44k 43% 44%
1181*1181* 118 118%
371*
34
36% 37%
43

831*
34=8

43%
83%

277% 277%

511*
49
4734 48%
47 14 48
5934 60
60 14 60% 60
6O34
140 140
140 140
138 ...

43%
47% 47%
96% 90%
81% 81%
62
52%
78% 79

4214

111

6638

88%

88 14

8~

36%

83=4

92
93
91% 92%
110% 111 I4 110% 11134
61% 62 14 61% 62%

148% 149% 1471*148% 148
110
1101*113
113% 113% 112 112

111

•95
67

98%
69%

42%

431*

48

50
68

68
61

86%

42% 43%
501* 60%
68
68
96% 96%

613.

813*

82

61

513<

77% 78 14

77% 78
1103*111

5r-i

861

87
•95

873*

70% 73

68% 71

62

59% 59

'1

10,400
12,100
16,512
10,800

100
10,600

242
51,100
7,500

20
146
41=8

146

*2%

49% 50

36,048
4,010

200
636

•81% 82%
51 14
773^

111% 111% 111

*95

87
•95

61%

78I4

111
87

2,224
26,626
14,150
1,750

400

98%

71%

7234

45

45

32% 33

165

62%
135
214

127

88I4

1653*
64=8

135
238

•69
111

75

166% 1653^ 165 165
52% 63=8 53% 53%
13434 130 14 138

2%

2%

21*

138

2%

*334

138

6334

136
86
73
60
63

136
87
73

52% 53%
138
2

140
21*

64%

116,756

800
2,250
160,910
22,500
27,053
9,200

8

•3%

5

73*

136

86%

73

7314

46

46

110% 110%

52% 53%
141

2%

1421*

2%

128%

1291*

89

893<

136% 186%
86% 87

74
741* 741*
'127 1*. "
1128

74
128

7%

600
10934
*45

110%

163
53

166
333*

141% 146%

2%

2%

128% 12934
89% 913*
>137

87

138
87,

74% 74%
129

129

25
33j

31% 31%
38%

•38
•15
61

..--

65% 66%
40

40

•24

25

314

31*

31% 31%
38
•17

38
19

62

24% 24% •23% 24
431* 44%
43% 45
•4

4%

•7%

73*

4%

.4

4%

-.

4I4

7

3%

65% 67
39% 39%
•24
•3

25

4
•31
87
•17
62
•23

4

31*

313*

37
19
62

441*

23=4
451*

4%

4%

•7
11*

8
I'f

65% 66
40
25
•3

40 14

•17

62

19
62

44 '4 45 14
-41*

7

1%

4%
7
1'

Low. High

4 113i4June 7 61% 86%
81 863* May 31
60
-'
""
13
13 110 May
89% Mar. 17 91 Mar. 23
4434 Jan. 4 85 May 25 22% 50%
94 Feb. 26 116 May 25 63% 105
197 Jan. 8 250 May 23 158 200
63 Feb. 26 93%Mav2.3 49=4 91%
124 Jan. 4 146% May 21 99% 127%
481* May 2 57% May 19
50 Jan. 6 92 May 6 37% 50%
14 Jan. 10 301* June 2
9
20%
41 Jan. 4 36 Jan. 27 25
43%
38% Jan. 4 653* June 2 201* 423*
118 Feb. 25 13334 Jan. 20 95 139%
24
44 Jmie 4 44 June 4 20
16% Jan. 26 38 Feb. 21
79 Feb. 2Z 110% May 18 77 174
58 Jan. 7 113 June 9 30 109
211* Apr. 26 46% Feb. 14 21
57%
50
34 Jan. 12 39% May 28 30
9 Jan. 4 24 May 21
S'i 18
6 Jan. 7 15 May 21
2% 12%
41 Feb. 18 90% May 24 29% 43
85% Apr. 26 126 Feb. 14 83 121
103 14 Apr. 19 126% Jan. 20 75 ISO's
42 Mar. 22 64% June 2
53 May 20 59 May 27
39% Feb. 25 54 May 21 28% 49 14
85 Jan. 28 110 May 19
May 19 12 291*
181* Feb. 26 39
118 Feb. 2r 131 Juue 3 100 123
102 Mar. 21 47% 128
63 Jan.
140 Feb. 25 155 Jan. 3 122 165%
103 May 4 130% Feb. 15 109 1271*
51%
433* Feb. 25 52% Jan. 15 30
93%
82% Feb. 25 95 Jan. 10 47
60 May 10 65% May 23
180
1641* Mar. 25 187 June 2 155
32%
28 Jan. 4 43% Feb. 2 20
70 May 14 90 Jan. 29 70
85%
61 May 28 70 May 26
Mar. 17 20
36
3234 Jan. 13 51
83
May
25
39% 67%
64% Jan. 25
28%
23% Jan. 3 37% May 21 14
44%
36% Jan. 4 47% May 20 23
May 21 673 102
9734 Jan. 8ll2«
34 Juue 9: 37% Juue 10
219% Jan. 7 277% June 7 168 225
7 14 Jan.
28%
4 52 Juno 10 18
50 Feb. 25 73% Feb. 9 13% 72%
127 Jau. 19 142 May 17 112 129
130 Jan. 7 116 Juue 10 111 129
26 Apr. 14 43% June 7
25 Apr. 1 50% June 3 19 'j 36
42
89 Feb. 28 77% May 12 15
96 June 4 1433* May 25 42% 112
62% Jan. 4 82 May 20 34% 66
39 Mar. 24 5234 June 3 231* 48
65
61 Jan. 4 81 14 June 3 83
90 Feb. 25 112 Juno 4 60 100
40
20 Feb. 9 42% May 4 25
79 >4
70 Mar. 8 89% May 23 50
SB
88% Jan. 7 9334 Mav 27
47%
41% Jan. 4 73 June
4134 May 13 471* May 23
23 Mar. 10 38 Mav 13
105% Feb. 23 128=4 Juno 10 80 1133*
39 Feb. 25 .38 May 14 28% 48
611* 88%
77 Feb. 23 961* May

May

I

u

m

Feb. 26

741* Feb. 12
96 Jan. 13

J.an.

56

June

48
68
34
63

23,400

425

Jan.

62% Jan.
60
35
81
25

1,300

165
18,407
1,200

160
500
4,100

31% 32
600

81

5

139% Juno 2 106% 122

6 88% May 23 34
4 74% June 10 42
4 129 June 10 100

May

23

Jan.

3

65
67
48

May 28

663*

55
118

55

June 7 19% 42%
393*

Jan. 15
2914 Jan. 4
81* Feb. 7
9 Apr. 22

28
26

27
38% Juue 10
20 Apr. :
68% May 18
27 Feb. 17
453* May 26
7 Feb. 14
10 Juue 1 20 Juue 3
7 June 8 14 Jau. 3
7 Jan. 8
1
June 8
Apr. 27 351* Fob. 9
7 Apr. 13
31* Jan. 11

16
30
9
45
20

27

2
23

21%

1

300
500
600
000

50

57% 75
53%
.May 26 32

63
731* June 9 40
Jan.
9234
Jan. 4 1161* Mar. 7 60
30
Jan. 15 47 June 4 25
147
Jan. 3 190 Feb. 21 102
Jan. 41 621* Feb. 18 27% 62
May 14! 151 Jau. 3 107% 146
2% ,\pr. 13
Feb. 5
% 4%
Jan. 8 12934 June 10 77% 116%
Apr. 191 92% May 21

737 61% Jau.
772 112 Jan.

3I4

23% 23%

Highest.

Range for
Year 1880.

82% Jan.
76% Apr.

691 120
1,553

25

5% 5%
31% 32%
38% 38%

1881.

Jan.

10,030 89%
120 30
1,700 135
43,110 45=4
4,000 J3014
1
11,200
35,100 80%
14,515 77

100

64% 67
40% 40%
•24

25
4

20

136
86

1

60

•30
32% feiii'sii^
'38
39
I7I4 I7I4
17
17
*63
643,
63
63
*24
24% 24% 24%
423* 44
423^
42
4
4
4
4%
*734
«434

72

•45%-..163 165

1273*128% 1273*128%
127'l 1263* 128
881* 89
8938
8734 88=4
881* 891,

•135% 140
•86
88
*71% 73
74
74
127 I27I4 1263* 1263* 127% 128

*24

72

111% 109% 112

•45% 50

6% 6%
6% 6%
* These are the prices hid and wked— no sale was made at the Board.
Ciift"

12% 12%

83%

147=8 14914

«71% 78
1111*112% IIII4II2
*46%
47
47

63

Maiylauil Coal
Ontario Silver Mining
Quicksilver Mining
Do
prof
,
„^

55

7j,

American Coal

Homestake Mining
Little Pittsburg Mining
Mariposa Land & Mining

91%
14234

33% 33%
128% I26I4 1273. 127% 128% 126% 127% 126% 127=4 127% 12834
53I4 63^8
52% 53% 63% 55% 53% 34% 54% 5434 5334 64%
94=1
021* 03
93% 94% 94
93=1
93
93% 93'f 93=8 95
51
51
631* 5314
631*
49% 501*
53
65
48

33
127

86% 86%

AND MINING.

831*
1141*

260

81,380
24,025
1,600
3,640
4,940
67,610
3,657
150,360
8,200

88

*95 100
66 14 67 14

138

Colorado Coal & Iron
Consolidation Coal

83%

1131*114% 114

.

Pacific Mail

Do

4014 421%

227

51
51%
51 14
503* 51=8
49
50% 6038 61=4 50
107% 108% 108% 109% 109 IO9-J4 10914109% 109 109=6
3334 3334
3234 333,
34
34 %
33=8 34%
130 130
130 130=8 129% 129% 129% 129% 127=4 12734

111=8
63

'186

90

32,235
100
156,800
49,016

20,720
13,950
53,730
5,600

Terre Haute.

St.
St.

6,100
16,400
1,100
3,666

83 =t

187

43^8 44^8

pref.

700

451,.

107 14 10734 106 107 >4 1071* IO7I4 107 107 =(
105 114
101 103
100 100
27 14 27%
26
27% 25% 27%
27=8 28
64 14 5434
641* 5434
64 14 54%
56
56
18
18
1234

.

Do

4,600

84

631*
62% 63
61% 62% 62
13114132% 130% 13134 1303*131% 131% 132%
•45
•45
52%
56

84 14
94

Panama

Louis Alton

305

14,5%

....

pref

Rome Watertown & Ogdensb'g

140%

144%

84
45
45=4
107=8 107

831*

83

11334 114
'200

Ohio Southern
Peoria Decatur & Evansville. ..
Philadelphia & Reading
Pittsburg Ft. Wayne & Chic
Rensselaer A Saratoga
Rochester & Pittsburg

62,260
2,100
51,190

140

61% 63

1234

83 14 84 3g
3638
35

Ohio Central
Ohio & Mississippi

250

83
84
84
93 14
92 »8 94
1101811138 110=8
6414
62% 63% 63

4334
pref

84

8334

113% 114%

82
84
93 U 04
111 113

.

Do

27I3
I8I4

19

Missouri Pacitic
108% 10834
Mobilei Ohio
Morris & Essex
12938 130
Nashville Chattanooga & St. L.
147-8 150
New York Central <fe Hudson
New York Elevated
II214 113
New York Lake Erie & West. 48
49
Do
pref.
89
89%

Do

32
108

pref.

Metropolit^an Elevated

14514

145

1,700
63,148
16,620
6,000
2,050
1,105

167

1,

5 131 May 16 100
120
Apr. 7 64 June 2 37
613*
Feb. 26 48% June 10
Feb. 24 90 May 26
80%
Feb. 25 90 Jan. 14
81%
16 Jan. 18 40 May 26
29
90 1«
82% Jan. 4 112 Feb. 17
80% Feb. 25 98% May 23
97%
2034 Jan. 19 33% May 14
253*
3234 Jan. 12 4Si4Mayl4
361*
23 Jan. 23 36% May 14 17
271*
132 Apr. 19 156 Jan. 5 99% 159%
140 Mar. 23153 Jan.
117
160
160 Feb. 26 182% Jan. 17 113 183%
90 Apr. 21 95 May 17
101% Feb. 25 129 14 June 6 66% 1143*
117 Feb. 25 140 May 26 99
124%
117 Feb. 25 136 Jan. 19 87% 130
131% Feb. 26 147% Jan. 17 104 146%
129 Feb. 26 148% May 21 100% 204
40 Jan. 4 88 May 23 22
48
40% Mar. 25 51 Jan. 22
91 Feb. 25 109% Jan. 24
41% Feb. 1 67% May 19
81 Feb. 23 10134 May 23 61
98%
127 14 Jan. 29 142 May 10 10634 129%
1934 Jar. 4 32% May 20
9% 25%
60 May 12 77 May 24 50
53
107 Jan. 4 131 Mar. 9 68% 1101*

60 120
870 45
37
260 69
56,050 66
8,500

200

44

44

107 13 108

19

Cincinnati, Ist pref.

144

'

145
82
46
108

Lowest.

110

6312
61 13 62 14
133-4 130 131'8

28I4 2834
55 13 5513

Silver

34

103% 104 1« 103% 104%
95
96% 953* 98%

89% 89%
90
90
89
89
1423^14412 14134 14334 142% 14334 141% 1421* 142 142% 142
52 13 54 14
52% 52
6334 54 14
61% 62% 52
62% 53

Marietta

,

761*

82

127
126^127% 126 1263* 126=8 127% 126=8 127
1121a Ill's 113^4 11114112% 111%112% 11138lll'(
86
*84
85
86
86
85
86
86

'

Manhattan
Manhattan Beach Co

&

14638 14334
82
84
46ii
44=8
10814 106%

46

83 1-. 84
821a 84
II3I2 11434 II3I4II4I2

ISIU

& Missouri River..
Louisville
Nashville
Louisville New Albany & Chic.

At'iantic

75
34

Range Since Jap.

•

28 "u 2938

Louisiana

Union

48%

107%
107 '8 107 '6
107
62
62
621a 621a
971*
97
97
97% 98=8 97 >4 97% 97 14 97% 97
*
140 140
141
141
140
273,
26% 27%
2838 29 14
28% 2914 26% 28=8 26

'200
.--.
9OI4 91

Texas Central

IlllDois Central

143% 143%

144

107

9812

97'a

83

&

Pittsburg
Flint & Pere Marquette, pref...

St.

481*
•78

30 14 301*
30
46% 46% 46
32%
33
32
32%
1441a 143% 14334 143% 143% 147
«143 ....
166%
167
166% 187 14 167 167

143
144
«82

143-4 14434

Delaware Lackawanna & West. 12634 127 '8 126
109141111* 110
Denver & Rio Grande
86
86
Dubuque & Sioux City

Harlem
Houston

83

63

63

126% 127
12834 127 129 14 127% 128% 12534127% 126 127
135
135 135% 133% 13434 134 135
1341a 136
128=8 12934 129 129%
12938 1303. 128% 130
1281a 131% 128 13 130

Chicago Rock Isl. & Pacific..
Chicago St. L. & New Orleans.
Chicago St. Paul Minn. & Om..

Erie

52
47 14 48.
•78
81
74% 76 li

10.

127
pref. 135

Do

Danbury

4818

1671316734 187

June

9.

51%

60

48U

169

June

8.

ISO

51>a

pref

Chicago Burlington & Quincy.,
Chicago <t Kastern Illinois
Chicago Milwaukee & St. Paul

Chicago

Friday,

June

o.

125
60
48
82 '8 82 'i 83
83
75
77U 7413 7Ui2 75
35 13
S7>4 3713
101 '8 10438 1011310234 102 14
95 14
95
GO'S
9413 96
3OI3
3038 31
SO In 31
46i<! 4613
4738
47
47
*34
34 \
S314 33 14
33
143'3 143't! 1431a 14313 144
Si's
48I4

Central of New Jersey
Central Pacitic
CUesaiicake <fc Ohio
Ist prel
Do
Do
2d pre!

Do

June

4.

ISO

«fe

PitteburgA Weatei-n...
Burlington Cedar RapidB <fe No,
Canada Soutliom
Cedar Falls & Minnesota
Bufl'alo

Chicago

Monday

CMimraay,

Sales of
the Week,
Shares.

1.

Apr. 19
May 23

% Jan.

5

Jan. 4
23 Jan. 6
83% Jau. 10
13 Jan. 6
63 Jau. 5
213* Jan. 6
23 Apr. 27
4 Jan. 20
34

35

May

1%
21.;

111-;

6

20
21*

39

30%
4=4

3934

24%
78%
34
70

25%
25%
35
63*

..

June

—

.

. ..

.

THE CHRONKJLE.

11, 1881.1

631

QUOTATIONS OF STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
STATE
BECUniTIES.

8ECUBITIES.

Ask.

Bid.

Class A, 2 to 5, 100(1..
Class A.StiP.'i, Biliall..
Class II, Bs, li)(lli
Cla-i8(.'.

7(1 Wj

07
81
100

2tol. llKlfi...
lUUO

10.20s,

(is,

Us,
78,

m'.,

6.S, fuiiilprt,

34
16
15

18901900...

*
*

I't. 8. las.
78, 1.. Hoik
7s, Mclnli.
r..l{ork
7a, I.. H. r. n.ii N.O. I!U
7a, Mi.ss. (). *It. n. lilt.
78, Arkansas Cent. RK.

UK

.so

18 Hi

Ilaunlbal

Colineftli-ut^ds, 1S83-4..
Gcor(ila-(is. 1888

.

Ill's.
118 1-

Louisiaiia—

62

78, coiisol., 191-1
7e, siuiill

do

New York—

I.

lllV-

7e, new, 18H6
7s, fiiilorsoil, 1880
78, KoM, 18U0

lU

1887
1887 ...
1883
1801
(is,
(is,
1892
02>2
Os, loiin, 1893
N. Carolina— 68, old, J.<t J
loan,
loan,
loan,

(Is,

88 "a 90
83

Kniall

1881

]

Ala.

J-nnc Dock nonda.7a, '93
lUinVX.Y.itE.-l.st.lOIO,
N.Y.L.E.itW. -N<nv2d,0

omral— 1st, Os, 1918
I'rk.Iir.
* K.— 1st niort..

Bnlt.&O.— Ist,

83

Bur. Cc-d. U.* No.— lat, 58
Minu..t St. I..— l8t,7s,p:u tl'ia
Iowa C.it West.— Ist, 78
C.RniKla.F.A N.-l8t.O. 101
Coiiliul Iowa— l»t, 78. '»» 118
Cheasp. it O.— I'ur. m'j'fd.

A

833,

65%

Mo.— 1 St

,t

111., f^xiiXT.

,

6534

m

2d

in. (3(10).

1'2.<!

129
129
130
130
102
128

S. W. Div., lat. Os, 1909.
1st. 68, I.a.A Dav., 1910.

1

Coupon cold. 7a, 1902...
Eejj.. (fold, 7s. 1902
SlnkiUK fund, Os, 1929..

68,

1880

Kal.

In-i.M.&T.— lat,7a,190li
Lake Shore— Div. bonds
Conaol., coup., lat., 7s
Consol., rej^-., lat, 7a...
ConsoL, coup., 2(i, 78..
Consol., rec-, 2d, 7a ..

111

j

12012'

104

W.— Isi.

Sanouakv

1921

Div..

1091.

ibs'

110
00

1919.

1141a
10034 10'

110
Loutav.N.AIb.itC— lat.lla 108
Co.— 7a.l899 tlOO
N.Y.& M.B'li- lat,7s,'97 110
Mai-ietta *: (.in.— lal, 78..
lat mort., sterling

124
125

El.— 1st, 1008 103 "8
2d mort., Ga 1899
89
Mich.Ccni.— Con..7B, 1902 129
1st mort., 8s, ISS'2, a. f.. 107
Equipm'nt bonds, 88,'83
Ca, 1909
Jack. Lan.it S—Os, 1891
Mil.ifcNo.- l8t,4-5-0a,1910 100

&

1031-2

c.

Ciev.it PiUa'o.- Cons.,8.f
4ihmo)-t., 6», 1892
Col. Cih.dC I.
1 st, CODS
2d con.. 7a, 1009..
Ist. 'J''-'t Co. ctfa., naa'ri
2d. Ti-'t Co. ctfa., Bss d
l8t,'ri-'t Co.ctfa.,suppi.
St.I,.V.&T.H.-lKl
2d mort., 7a, 183;
2d m.. guar., 7a 1S98.

C—

Rome

W.itOg.-Con.. 1,1
Bocli.it l',tt.-lai.0s.1921
St. l-oii:ait 1. Mount.- l8l
Cairo
C a --o
i

10s
1031.2

115

100
iVti"
11014
11 Ola 1201001a 107

108 ^
111

W

HUIUU
rcjyistercd

—

cm.

*

A

113

Stock

Midland of N.J.— l8t,new11434
Income, **A"
94"

S..L.AiioUit T.l!.- Istiii. niosi
2d mort., prof., 7a, 1S9-1 {110

Income, "B"
Stock
N. J. So.- Int. guar.,68.'09
N-Y'.&O'nw'd L.-l8t,78,n
2d mort
St.

107

Joseph* Pac— Ist m.

2d mort
lis
St. Jos. & Weafn-Stock.
St.P.Mlnu.* Man.- l8l,78 113
South Side, L. I.— lat. 78.
107
2dniort.,08, 1909
Tex. & St. L.— 1st, 6s,1010
1033j
Dakota JExt.—Oa, 1910 .. 1 106 la 1071a Utah Central— Isl mort..
99 101
Tol. Del. it Bur
90
Main. Os
Utah Sonlliem— lat mort.
lat. Dart. Div., Oa, 1010
98
1301a
Wis.Cent. — 1st series, new
1st, Tei'l trust. Os, 1910
2d sclies, new
t.,

1-;

Wab.

St. L.

<fc

Pac—

Oeneral moil.,
Chic.

Oa, 1920.

102

Dav. Dlv.-Oa. 1910

881-

1011.

102

106>«
112 lie
107
112
109 111

lis

tl05
110
109
108
831a
115
tll2
101 la

22 Hi

iVi"

ll'?'

Na.,h.Chat.& .St.L— 1st, 7s 1231-2
N. Y. Ceutral-Os, 1883 .. 1103 ibijia
g|6s, 1887
*113

lO-J

s,

'83

100
41 "a
100
21
15
10
37'a 39
105 7( 107
60
60
10
21
01
93
45
50
25
26
100 106
04
100 ;110
115
81
79
63
64
39
98
20

STATES.
Car.- Consol. OsCgood)
108
Browne, conaol
Virginia— New 10-408
56
. .

'

CA

i-j

m

.

.

.

'

110
67

RAILROADS.

69

Conaol., conv., 78,1907
at. WC8t.-l8t,7s, '88. lllia
110
•2d mort., 78, 1893...
T.— iBt, 78, 1890. iiio
Q.

.

87

45

So.

1143.
Tol. *W,--lst,c;;t,
1st, St. L. Div., 78,1889 Ill
2d mcu't., ext., 78, '93 till la 112
1

106
27

(Broker's Quotationt.)

104

Tol.P.itW.— 1st, 78,1917 117Wabash- Stort. 78 of '00 108 1-3

Equipm't lionds,

851a

122

111

Atl. A Gulf— Conaol.78,'9'
114
Atl.A Charlott*— iBt, 78. 115
O.— f ;ona., fla
106
Income, 08
05
C.8t.P.&M.-lat,Cs,1918 II212
Stock
80
No. Wise— Ist, Oa, 1930.
97
&
Car. Central- lat, Os, 1023
Os, real estate, 1883
no4
St.P.&S.C.-lst, 0»,1919 112 1.J 113
120
Ill.&S.I.— lat, 7s, 1882 tl02
Cent. Oa.— Consol. m.,
Oa, subaciiption, 1883.. 104
CWcA K.lll.-lat,8.f.,cur,
Xl24
111
Stock
Han.it Naplea- lat, 7s
K. Y. C. <t H.— lat m.,cp. 138
Del. Lack, it West—
Charl'te
A.— Con80l.78 111
St.L.K.C.itN.— K.e.,78 iisii 115
1st mort., rest., 1903 ..
78, convertible, 1892...
104
Om.Div. — lat mort., 7a l'20i< 12034
2d mort., 78
Iluda. R.—78, 2d, a. f.,'83
Molt, "a, 1907
125
Stock
68
Canada So.— lat, int. gu. 10378 104 1>8
Clarinda Br.-Oa, 1019 tlOO 104
Rvr.liiiiK.it -N'. v.— lst,7i
Chic.St.L.A N.O.— New58 100
St.C.n.— lat, 7-88.1908 100 107
Harlem— l8t m., 7a, cj>. 134 135
Monia it Essex— lat
isa'
No. Missouri- lat, 7a. U25
E. Tenn.Va. * Oa.— Ist, 78 120
let mort., 7a, reg.,1900 1,34
2d niort., 1891
118
Stock
180
N. Y. Elev'd— Ist. 7s, 1900 1171a 11734 Weat.U. Tel.— 1900, coup. 121
Bonds, 78. 1!I(10
111
121
112
123
Georgia Railroa<l— 78
1900, reg
N.Y.Pa.iJtO.- Pr.ln,Cs,'95
7s of 1871-1901
1201-2! N.Y.C.AN.— Gen., (18,1 910
6a
112
bo'i-i Spring V al. W.W.— Ist, Oa
l8tin.,cnn8ol., {niar..78 i26ia
185
Oregon RR.&Nav.— l8t,68
Stock
N. Y.& New Eng.- l8t, 78
Del. itll.C.-lstni. ,78,1884 10914
Memph.AChar.— lat.cons. 115
Istm., Os, 19()5
INCOME BONDS,
Istmort., 7«, 1891
119
Ist, conaol., Tenn. Uen.
114
Nevada Cent.— 1 at m., Oa
l8tnioi-t,,cxt.,7a, 1891
83
Stock
N. Pac. — G.I.gr. Jat con. 08
107
(Iiiterfst j>a]jablt if tamfd,)
l8t niort., coup., 7a, '94. il7" 11910
Mtaa. Central— lat m., 78. 105
Regiateied Oa, 1921
Ala. Cent.— Inc. O.a, 1918.
l8t niort., leg., 7b, '94... 11734 119
105
2d mort., 88
112
N.Pac.—B'nd ctfa, 08,1021
Central of N. J.-I90H ... IIU
Jst, Pa. Div., cp.,78,1917 1'26
126
110
10234 ChicSt.L.itN.O.— '20,1907 102
N. O. A Jackson— 1st, Ss. 116
N. O. Pac— lat, 0s,g.,10'20
Reg., 78, 1017
1'27
75
Certificate, 2d mort., 83. 117
tl'24
Norf.&W.- O.l.m.,68,1931 108
C:oi.Chic.itI.C.-Inc78,'90
75 »
Alb, & SuBQ.— 1st m., 78 114
Norf. A W.—Stock, com..
30
Cent. la. — Conp.deb.certs
Ohio it Miss.- Conaol. a. f. 12234
2dmort., 7s, 1885
110
Northeast., S.C.— 1st m.,88 125
Consolidated 7a, 1898... 1221-2
Chic.St. P. AM.-L.g.incOs
Ist.cona., Kuar.78,1906 125 14 126
119
2d mort., 88
2d conaoiidated, 7a,1911 1 '24 1-2 125-, Chic <t E. 111.— Inc., 1907 104
Bens, it Sar.- 1st, coup. 135
Port Royal A Aug.— l8t,es 106
lat ni., Springticld Div.. 1'20
121 Hi lnd.Hl.4 Weat.— Inc., 1910 102
lat niort., rt-g., 1921 .. 135
Ohio Cent.— 1st, Ca, 1920. 10018 107
Ind'a DeciS-Spr'd— 2d inc.
78 "a Rich. A Dan,— lat, con8.,08 107
Denv. it liio Cir.— lat.1900 120', 121
Stock
107
lfttni.,Tcr'lTl-.,Os, 1920
105
Truat Co. certidcatea...
lat, consol., 7a, 1910
120 '8 121
Sonthw. Ga Conv. 78, '86
Ohio So,— 1st M., Oa, 1921. 1011 101 la Int. A Gt. North.— 2d Inc. 101 la
Denv.So.P.* Pa.-.-lat,7> llOi-j 110-\ I'anama— S,F. aub.0a,1897
101 101 la
140
Stock
2d aaaented. Oa. 1909.
Erie— Isi, niort., ext^-nded
S.CarolmaRR.- 1st m.. 7b 107
Peoi-la Dec. <t Ev. — Ist, Os iib"
I-ehigh <t W.H.Coal— 1888
941a 08
116"
2i\ mort., ext'd 5a, 1919
60
Stock, a«sesament paid.
Evans. Dlv.,l8t, Oa, 19'20 tl07 IO8I4 Lake E. it W.— Inc. 7s, '99
821a 83 la
3<1 niort., 79, 1883
109><
119
Sand'kv Div,— Inc. 19'20 74
76
78, 1902, non-enjomed
Pac. KRs.- C.Pac.-0.,68. 1171 117'j
4tli mort., ext'iL 68,19201 110
75
Non-mort, bonds
84
89
San Joa({uin Branch.. 111
Uif.Bl.it "Mun.—lnc.78, '99
('.—
5th niort., cxt., 7a, 1888.1 111
Western, N.
1st. 7»... 1071a
03
Cal.it Oregon— lat m.. 110
Mil. L. 8. i W.— Incomes.
Prices nominaL
t And acci-ued Interest.
t No pnue FrUlay— these are lateet qaotaUona made this week.

II8I2
113S2

120
113

Southern Securities

10038 101

Div.— 5.S, 1910

3>a

71

.

1141a 116

93 %

3V
07
122

85
Kansas <& Neb.— 1st mort,.
40
2d mort
115
Long Island— 1st mort..
1041a
00
2d mort
1081a

.

ini-oino, 7a, *94

Bost. liartf.
K.— Stock.
Chlcife Can,So,— 1st, g., 78
S'west.—7s, guar,
Chic.
ClJc—
cm. Ind. St. L.
lat mort., 6s, 1020

Ind.— let, 78, '02.
911-i 92
2d, 7a, 1887
101 '8 102
Ind, cm. 4. Laf.-78, '97
7a, 1888
103 .105
Col. & Hock. VaL— Ist, 78.
2d mort., 7a
Col. * Toledo— Ist m., 78.
133
2d mort., 78
12412 Dea M.it Ft. Dodge— l8t,68
1271-j
Galv.H.* Hen.— 7a, g., '71
ni4
Gr. Rapids* Ind.— l8t, 78
1st mort.. 7s. guar
Ex-land grant
125
Stock
Indianap. AVinc- Ist, 78
121
124 la
2d mort., 68

i-iii"

61

00

Miscellancoas List.

&

111
1031a 1061a

104 14

38
80
01

57

T«x.itSt.L.— L.B„lnc.l920

&

121

80

(Wrofccr'» Quotatiotis.)

961a

Fu'ton— 1st. m.. 11034 117
A I k -t T.— 1 Sim. 112

nioi

8t'gI.itR'y.-Ser.B.,inc.'94

BelleviUeitS. III.— latin.

"of 97=8
111=% lllia

80 >(
44 <9

108

Pla'n Income Oa, 1898..
8tL.A.&T.H,-Dlv. b'uds
Tol.Del.* B.— Inc.0a.l910
Dayton Div.— Os, 1910.

96

it

Ge.i.cr'yvtl..g..ns,1931..

2d

107
87 14

4 las Ist

1921

Ft. W. it Ch .— 1 8t ni
2d mort., 7a, 1912
,'Jrtmin-t, 7s, 1912
!..

t

Lar.Dl.it M.—l.at. 68.1919

Mil. L.S.ifeW.- Ist0s,1921
.\Io. K. <fc T.—Oeu.,con., 68
Cona., assented, 190-1-6.
2d mort,, income, 1911..
H. it Cent. Jfo.- lst,-90.
Mobile
O.— Now in., Os.

I'd gr.,

2dniO'i., 7-1, 1897
A VniLiaa li«-. i at more.

121

6.»,1919

O-s,

it

(Jo's guar.
I:e,->iatered,

Pill

130
133 133 "-2
128 12

Do
Do

O.

<t

& Pac— l8t,03,l 905

Pa.

Manhal.r.'cli

112 In

1051-2

0s,19'20

Os.

2d mort,, 3a, 1980....
Nashv. A Dec— Isf 7s
S.* N.Ala.— S.f..l)a,1910
L. El-lcit

i02i-j

—

Dlv,— lat,

Pcirce C,

reg
l8t,HloG.Div..0»,1930
Pennsylvania i;r.
114

128>3

coupon..

2d ncrluM

SECIII! IT. KS.

Con-soL, 6a, l'J05

Income

Gen'lnioit., «a, 19:10.-

Peusacola Div
St. L.

I26I4'

C. St. P.M.ife

Ill

r<iiiM)I.,

FnudlngSs, 1809

Equipment. 78, 1895.. 102
So. J'ai-itlc of Mo. — Ist 111 110
Toi.

.

126
110

124

113

»

Midi. S.—

Erie— New l)d8
& State I.iue— 78..
* W. Pi!?eon-l3t

Dutf.

l'.!6

*

&

cx-niaiiii-ed

—

lat, Oa,

Biiir. it

130

Galena it Chic—Exten. 1041a
Peninsula- 1st m., conv.
Chlcaco * Mil.— 1st m..
Winona .t St. P.— lat m. 1091,
2d nioi-t., 78, 1907
122
f.

122
96
84
100 Hi

..

38
38

1867

consol. iiDudn

Ceu. Pf.cilic.— Coii,:iiii (1
Molt.it O.— 1st pjei.ileueu.
97
971a
State Aid 'londa,7a.'Sl 106
2d pref. deUciitiiri'
07
Land grant bonda, Oa. 100 la 106>4 3'1 pref. debi-ntiii-i-s
68
Weal. Pac— Bonds, Oa 114 115
4th pref. dcbeutnix-a. ..
57
So, Pac of fal.— l8t, tls
10014 1071a N.Y.LakeE.*W.— Inc.Oa
93
Union Pacific 1 st nioi t 118
N.Y.P.it O.— lstluc.ac.5-7
68
Land gt-iinla, 7a, '87-!> 118 i20' IN,0, M.it Tex.— Dcb.KCrIp
Sinkin.'< fniida, 8a, '93 1291a ISO
lOhio Cent.— Income, 1920
641a 66
lleiiiaieied 8s, 1893...
lll-Oia Ohio So.-2d Inc.. 6s,19?l
61 >3 62
invj 113
Collaieral Iruat, Oa
OgdKnsb.itL.C.— Incl920
Kana. Pac— Isi. Oa.'ll, 11" _
Peoria D. it Ev.— Incomes tOOia 00 13
liyia
Istm., 6a, 1896
Evanav. Dlv.— Inc.. 1 920
92
Den. Div.,0s,ass'd.'99 11213 n23i P.och. it Pitts.— Inc., 1921 'es'ii 00
llMia 10834 St. Louis I. Mt. * So.—
lat cons., Os, 1919
100 101
Cent. Br. U. Pac— Isf.fla 107
lat, 78, prct,, !nt, accinn,
9415 95
Funded coups., 7b, '9.' 109
2d, 6s, int. a'cc'mulatlve

—

100
100 3j

New bonda, 7s, 1880..
Cieve. P. & Ash.— 78...

1131-2 Meirop'lit'n

Conaol. niort., 7a, 11114..
C St.L.&N.O. -Tcn.lien,7s
let ni., con., 7a, 1897

191

ni-w,

78
78

71'a
71".

40

Rc5rli*t<?rcd

118

..

Atch.C,,tP.-.lat,Os,190i.
At. Jew. Co.it W.—lal,(la
Utah .So,— Ccn., 7rt 1909
Mo. Pac, lat consol.. (la
3d mortgage, 7a, 1906.
Pacific of Mo.— lat, Oa ..
2d mort., 7a. 1891
St. L.& S.F.— 2d, Os, cl.A
SOs, cLlss C, 1901.
S-Oa, class B, 1900

8a

line,

.'^a.

139
12512
1?0
1251-2
131
LouiaviUo. & Nasliville—
128 '4
Conaol,, 7s, 1898
2d moit., 7a. gold, 1.^83 n04i2
Cecilian Br'ch- 7a, liw; 110
N.O.AMoU.-Ist.C.a.lOao lO-ia 108
107
E. H. &N.— Ist, (la, 1919 100

Siukiit^ fund, re^
Iowa Midi ud— 1st iii.. 8s

C. C. C.Ji Ind's-lst,7s,a.

main

it >"..

No.— l.st, ()S, gold

113

38,'>

1161-.

X.,

&

lionds. 78, '85

lat inoit., 7a,

A

Jlich. So. *; N.L.B.fd, 7s
Clevo.
Toi.— Sink. fd..

.

Extension

(it.

LaKe Shore

lOOlj
1001, i02i.j

1st S. Mhin.Div.,0a,1910
1st 111.. H. it B., 78, 1910
Cn,it Pac, Div., 6a. 1910 112
lat Chict P.\V.,38.1il21 102
Miu'l It. Dir.. .5a, 1910. 102
Ch!ea;ro & Xortliweat.—
Binkiujjfiind, 7a, iS.S.")..
Interest Ijouds. 7a, 1883 105 '3
Consol. liouda. 78, 1915

Waco

lnt.it

Leh.itW H.— Con.p'd.as. nils 112
Am. Dock .t Im,— Aaa'd. 130 Hil
135
123
130

78

gr.,

1.

West. Dlv.,Ts US',

niort.,Waco

lat mort., 3-4-5-(>a, 1909
2d mort., 3-4-5-(ia, 1909
Indianap.D.it Sid-.- i at.7a

IlllSj

2d m.. 7 3-10. P. I)., 1H9S
l8t Ul.,78, $ g., r..l>.,1902
Istni., I.aU. Dlv.. 1893
l8tm., I. it M., mOT..
Istni., I. it I)., 1899 ..
Istm., C. it M..1903..
Coti--iOl. 7e, 1905
2dn)oit.. 7a, 1S84
lat, "a, I.& D. Ext.,1908

at

Ccd. F. & Minn.— lat
Ind.ni.iftW.— lat. pref..

.

Chic. Milw. it hit. P.—
latmoit., 8a, r. D., 1898

mort.,
1st mort..

tibo"
m. 118

105
103

7s, 1!(03...

'

iudi'iiiiry,7s
(^-n. mort., lis, lil21
lll.Ceut.— Dnb.it S. C.lst
Dub. its. C, '^d Div.,

Chic. liur. it Quiucy—
8 p. c. l»triiort..l883 .. 110
Cou.'^oi nun-,.. 7s, 1903.. 130
5s, siukiii.i? fund. 1901..
Chic. Itk. Isl. * Pac
Os, coup., 1917
1.S2
Os, 1917. registered
il30 133
Keo.it Des .M.— lats g.Jxi 106
Central of N.J.— latni.,'9l) 121 14 122
Istconsol.. assented, '99 1181-j 119
tll7i4l
Conv., assiinted, 1902

Adjustment.

10718
1241a 125
111=

1

Income and

MifS.lt.Br'Re- l8t,8.f. Os

.

Col.

•-'il,

120

7s 1S98..

1

2d, consol.,

ii8% 120

2d, Kua.-. (ld.S),73, '98.

1

1 st
1

tin"

2d molt.. 7s, 1900
St. I,.Jack.A-Cli.— l8t
1-st, i:\n\v. (."i(U),7s, '94

107

1904

lliin. it St.

SlnliliiKfund, (is, 1903.. I
Joiiet A- C'hicafio— 1st ni.

La.

7s,
S.

1121,

& Fe— 7s, 009
Joa. —8s, conv.
Uf'iiatou & Texas Cent.(Hi

105 Vj 107

1.S83

i05

Fl'l ,t P. Mani.— M.Os.i 920
(i:i:.Ihir..t S..\nt'o— lat.tjs
i>l. Lac;r. Kxl.. (;.>(,1910
•2.111101-t.,

/Vlton— Ist m-.
7.S,

I

102 m

89 "i 90

6s, told, scr. B, int. def.
Ca, rm-reucv, int. def ...

Income

I

1063^

lat, conaol., fd. cp.,7s.
2d, consol., fd. cp., 5h.

tls,

Bost, H.

Chicago

132 12

{.'old.

8- 1900....

HerlcH. 191-1

di-li-ncd
DlHlrk't c.r Ccilumbla—
3-6BH, 1924

102 Hi
111

niiod© Island—
68, coupon, 1893-09

— Couiiuin-d- 7s,1920
Mt.conLOl.,

new

Bmall lionds

(is,

R.VILROAD BUND8 AND M iSCEfiV.AKKOCS
Railroad Bonds.

7

Consol. 48, 1910

nvw, 1892

tin,

6s,
6s,
6s,
6s,
6s,

7
712
7'a

claaaS...

6s,

VhKlnlo-0«. old
Oh, new. IHHB

Ohio—

Kri(

(Stork JCrrJian'^ Pricr/'.)

fl8,0ld, 1892-8

22
22

1, '08-9
claf48 2. ..

Do
Do

112
112
108
120
321
122
35

Oa, gold, coup,,

A.*0

RK

10

uuu-fundalilu, 1888..f

Tenncswc—

13

Special tax, claaa

111

'87

gold, reg.,

fia,

Now

18U8-1M98.
bond«, J.iJ., '1)2-8

A«k.

Bid.

Booth Carolina—
Ok, Act Mur. 23, 1889)

a.'.

Du

Do
Chatham

UOlj

*. St. Jo., '86

Do

103
110

lOii

(is,

10

A,*0

No. Carolina KR., J.*J. 130
Do A.«0
130
Do coup, oir, J.ttJ. 110
Do coup. oft*. A.*(>, 110
Fundini! act, 1811(1. 19(HI.
13

113
114
due 1888
(is, due 1889 or 1890....
ll.'S
Asyriii or I'niv.. duo '92 US
Kuiuliug, 18Ul-'9r)
118

Arkalisiis—

old,

f!»,

SECURITIES.

Atk.

Bid.

Carollua— Continued—

jr.

103
118

1883
1800
Missouri—
Cs.ilttc 1882 or 1883
Us, line 1880
(>s,dnel887

77
77
100

SECURITIES.

Aek,

Bid.

Mlclilffan—

Alnbumji—

IIONOM,

117
118
97
84
100
125
126
113
106
60
105
128
190
115
114
ISO
1 8
1

3
:I4

108
116
120
120
32 13

116
109
110

145
63
121
77
108 >a

..
.

.

.

—

. ... .
..

.

THE CHRONICLK

(532

New Tork
Bank gtock

Insurance Stock List.
[Qnotations by B. 8. Bailiy, Broker,
No. 7 Pine Street.]
Pbick.

Pbicb.
1

COHPANtXa.

Par.
•

lOO
100

Am. Exchange
Botchers' & Drov'rs'

100
25
25
100
100

25
100
25
100
100
100
100
23
25
100

CltlKens'

Kxchange*

Eaet lUver
Eleventh Ward*
ptfth
Fifth Avenue*
Flrat

100
100
100

30
60
73

jTaiton
Gallatin

Gennan American".
German BxchanKo*'.
Imp. and Traders'.

.

Irving
Island City*
I^eathet Manut'trs'.

Manhattan*
Marine

Metropolis*
Metropolitan
Moant Morris*

Murray

100
100
25
100
100
60
eo
100
50
100
100
26
60
25
100
50
50
100
100

U0~

American Exchange

Broadway
156
110
1781

City

Clinton

230

Ragle
iso

Exchange

16U

Karragut
Firemen's
Firemen's Trust
Franklin A Emp....
Germ im- American ,

363
i25
130

Globe

250

W

....

Hope
Howard

132

Importers' ATr'd'rs
Irving
Jefferson
Kings County (Bkn.)

Knickerbocker
I.jifayette (Br'klyn).

iisd

Lonu Island (B'klyn)
Lorillard
Manufac'rs' & Build.

....

lao

Manhattan
Mech. ATraders'...

160"

Mechanics' <B'kIyn).

N. y. Nat'l Kich^ge.

100

ioo

Ninth
North America*
North Klver*

100
70
SO

ioi

New York
New Yorlt County..

Moi)taulc (Brooklyn)
Nassau (Brooklyn)..

New York Equitable
New York Fire
New York A Boston.
.Vew York

25
60

.

Part

100

Proauoe*
Republic
St. Nicholas....,

25
20
60
100
100

Second
Shoe and Leather.

100
100
100

.

lid

People's
Relief

Republic
Rutgers'
Standard

100
100

40
60

United States

Sterling
lib

100
100

Bide*

170
117

200
iiO

..*

'.'(•0

50
60
25

167

176

!85
!25

135
HO
100
225

70
110

215
US

100

100
120

110

96

i))o

113
180

12U
i9U

:-inn

70

145
ISO

11)6

80

90

153

160

75

8J

120
U5
73

ino

l.")fl

85

150
t)5

210
70

110

115

90

»«
70

2O0

117
70
150
!15
170
161
HO
130

112

60
145
108

ino
150
83
125
115
150
115
155

100
100
100

110

85
70
183
110
330

75
114

100

120

128

20
50
60
50
100
25
60
100

200

210

115
133

88

IVO
138
95

75

80

150

125
116
75
113

too

Stuyvesant
Tradesmen's
United States

25
25
25
10

115

Williamsburg City..

SO

210

120

80

i05

iid
135
121

130

Por. Ammint. Period

Brooklyn Qas Light Co
Citizens' eas Co (Bklvn)
do
bouds...
Harlem
Jersey City A Hoboken.
Haahattan

25 2,000,000
20 1,200,000
1,000

.

do
certiflcates..
Matnal,N. Y
do
bonds
Nassau, Brooklyn
do
scrip...

Va

700,000
100 4,000,000
10 1.000,000

Now York

People's (Brooklyn)

Boudi
Bonds
do

.

1,000

Wmiamsburg

37.'i,000

bonds

1,000

Metropolitan, Brooklyn.
Municipal.

M.*N.

1,000,000

100 1,000,000
100 3,000.000
750.000

,

A.i
.M.

&N.

'ibb |150il.000|

Bleecker St. 4 Fult. Ferry— St'k

mortgage

Broadway & Seventh Av.— St'k
litmortgage
Brooklyn City— Stock
Ist UKjrtgage

Broudwuy (Brooklyn)— Stock ..
Brooklyn A. Hunter's Pt.— St'k
Ist mortgage bonds
Bnshwick Av. (B'klyn)— Stock.
Central Pk. N. & E. liiv.— Stock
Consolidated mort. bonds
Christopher & Tenth St.— Stock

Bonds

Dry Dock E.B.& Batt'ry— Stock
Ist

mortgage, consolidated

..

Eighth Avenue— Stock
Ist mortgage
*2d 8t. & Grand St. Ferry— St'k
lat mortgage
Central Cross
1st

Town— Stock

mortgage

noust.West St.4 Pav.F'y— st'k
mortgage
Second Avenue— Stock
3d mortgage
Ist

100
1,000

,

1882

100

Extension

iOO&c

Avenue— Stock

900,000 J.

100

1,199,500

ft

Ian..

.

55
95
95

'8!

'81
'76

98
40

35

'81

\%h

'81

105

60

90
6S
65

101

104

60

63

'"' 160

-1

lOS
80

1

165
1

110
70

Broadway.]

*

9< Jan..

7
-

'81|

23« 28

J'ly,1900il08
Apl.. 'Pi; 130

112
l.JS

June,"84 103H 106

May,

'81 165
Nov., '80(102

170

4 J.
Q-JJ. AD.
ft A.
J. 4 J.

110
Apl., 'SI 140
150
Apr., "81 93
100
1888
102>i 105
Jan., '81 95
100
125
Apl., 'SI 118
Dec.l902|113
116
100
Feb., 'Si! 90
100
1898
110

.M.&N.

May, '81
June, '93
May, '81
Jan.. '84
May, '81

A.ftO.
J.*. J.
J.

IT.

Q-F.
J.&D.
Q-J.
J.& J.

A. 40.

M.4N.
J.

4 J.

J.&J.

150,000 A. SO.
1,050,000 .M.&N.

200,000
750,000
600,000
2,000,000

'80

1900

2Hi Jan.,
5
6

J.

* J.
Q-J.
J.&D.
Q-F.
M.&N.
Q-J.

694,<X>0 J

104
80
100

10')

1897
101
1900 &0 SO
July, '80 60

6

•

145

1!<6

Ap-.,'(M 185 ;oo
Feb., '81 140
145
»« Feb. '81 xlOO 103
1'^ Apr., 'd: 66
70

I

100 2,100,000
1,000 1,500,000
10 2,000,000
1,000
300,000
100
200,000
100
400,000
1,000
800.000
100
500,000
100 1,800,000
1,000 1,200,000
100
6W,000
1,000
2.50,000
100 1,200,000
300&C
900,000
100 1,000,000
1,000
203,000
100
748,000
1,000
236,000
100
600,000
1,000
200,000
100
250,000
500
600,000
1,000
1,000

Consol. convertible
Sixth

0.

M.&N.

82«

rt

7

M.4

8.

M.4N.

1

165
114
175
100
185
Apr., '93 110
50

110

.

.

6b

Providence

7b

*88

,

I

Connecting

6s, 1900-1904

Chartlers Val., Ist m.73.C.,l901
Delaware mort.. 68, various..
Del.

4 Bound

Br.,lBt, "8.1900

East Penn. 1st mort. 7s. '88 ..
Bl.ftW'msport, 1st m. ,7s, 'SO. 115
58,perp
100
do
Harrlsbnrg Ist mor».68, '83...
U. 4 B. T. Ist m. 78, gold. '90.

New York 4 NewEng. «J.... U2
7s ...
fio
Sew Mexico & So. Pac. 7s...

MM

94

Ogdensourg 4 Lake Ch.6i. 107
Ice
75
do
01dColony,7B
Old Colony, 08
Pueblo & Ark. Valley, 7s
Rutland 6.«,;st mort
Vermont & Mass. HR.. 6s
Vermont 4 Canada, new
STOCKS.

—

sov.iddi 105
50

lid

July. '94 ;03
Jan., '81 UC
Apr ,'85 100
Oct., '80 105
Sent. .'83 106
Feb., '81 200
July, '90 no

iVd

1st m 8 1, cp.,'83 102X UI
2dm."».cp.,'96.
do
do gen. m. 78, cp., 1903.
do geh. m 78, reg., ISO*:
do new loan ts.re^ ..
on Creek Ist m. 7s, coup.,"" lOlH
flttsh. Tltusv. & B. 7s, cp, ,'96

iVs'

115

1906
Pennsylv.,gen. m. 6s, cp.. 1910
gen. m. 6s, rg., 1910. 128
do
cons.m.6*, rg., 1905.
do
do
cons. m. 68. cp., 1905,
122
5i
CO
o

167

01

Penn. Co

eo>i

88

do
do
do
do
do
do
CO
do
do
do

"93
8S>t

New York & New

England...
Northern of N. Hampsblrt...

Norwich 4 Worcester
55
Ugdensb. 4 L. Champlaln
pref..
do
I33i^
Old Colony
;;
116
Portland Saco 4 Portsmouth
14 IH
141
Pullman Palace Car....
31« 32
Rutland, pref erred
Lynn
Kevere Beach 4
1«H
Tol. Del. & Bur
. .

Vermont 4 Massacbusetls.
Wircester* Nashua. .;

g'd, lnt.,reg. or cp.

58,
58, reg., 1S82-1892

58 new,reg.,189i-19(K 119
68,10-15, reg.,H7i-'82.
«8, 15-25, reg.,lSSJ-'92
41, reg., 1894-lSOl
.._
Philadelphia, 58 reg

do
do
do
do

do 6s,n.,rg.,prlorto'»n
do 4a, various
KAILBOAD STOOKS.t
6

Allegheny Valley.....
Buffalo Pitta. 4 Westom...
pref
do

24Hi

81

Atlantic

pref
do
00
Catawlssa
pref
do
56«
new pref
do
Delaware 4 Bound Brook... 115
East Penasylvanla
Elmlra 4 vflUiamsport.. ... 40
pref.. 65
do
do
Bar. P. Mt. Joy 4 Lancaster.
Huntingdon 4 Broad Top... 16
do pref. 24
do

131
107

15
'35

25
30

83

Ifihlgh Valley
Little SchoylklU
Silnehlll

—

4

Chesap.

100
40

,9!S..

Dela. 1st 6s, rg.,'8e

Delaware Division

ia4«

1901

West Chester cons. 7s, '91
West Jersey 6b, deb., coup. ,'8?
IBt m. 6s, op., '96.
do
lstm.7a,'*
do
cons. 6s, 1909 ....
do
W. Jerfey4 At .litra Ss, cp
Weatern Penn. RR. 6s,cp.'9J.
6s P. B.,'96
do
CANAL BONDS.

6b, cp.,'18.

m.,68, rep., '81

do mort. RR., rg .'97
do m. conv. g., rt-5.,*91
do mort. gold, *9j...
do cons, m.78, rg,,191

IOO
120

IIOK
id'wi

12UK

110
113
111
00
101

108«
ii7

118

120«
119

BAl.TmoRE:.

Maryland 68, defense, J. 4 J.. l05Ji
68, exempt, 1687
do
6!, 1890, quarterly..
do
5s. quarterly
do
Baltimore 68, 1S81, quarterly. 107K
110
do 6s,;8S6, J.4 J
do 68, 1890, quarterly. 118
M,
park,lS90,Q.—
6s,
do
do 68, 1893, M.&S
do 68,eiempt,'iS.M.4S,
do 68,1900, Q —J
do 6a.l90i, J. 4 J
do 5f,19it,new
Norfolk water, 88

28
30
193

.

RAILROAD STOCKS.

Balt.ftOhlo

pref .. .

do
do
do
do

Ist

PittsDurg

108

112
119

117X

125.^

126

.

Par,
100)e05

pref

2d pref

Wash. Branch. lUC

Parkersb'gBr..50 10
50
Northern Central
50
Western Maryland
....50
47M 47M Central Ohio

••«.,.

4

16

MA
18JJ

ConneilBvllle..50

BAILBOAD BONDS.

1'9
& Ohio 6s, 1835,A.40.
N. W. Va. 3d m.,guar.,'35,J4J
Pltt8b.4 Connellsv.'i9,'98,J&J 126
Northern Central 68, '85, J&J
Bait.

Schuylkill Navigation

do
Susquehanna

1454

pref...
...

.

Val.. 7 3-lOs, 1896. . 126
7b,E. eit.,19I0 119
inc. 78, end.,'iM. 65
Belvldere Dela. i st m., 6s,l902. 121

Allegheny
do

do

2d m.68.
Sd m. 6s,

do
do

68,

128
lis
57

*85..
'd7..

Camden 4Amboy 68,coup,'83
coup.,

'89

107
106J<
103

Mar.

114
mort. 68, *89
Atl. Ist m. 7s, g., 1S93 U9M

cur. 7s,

Burlington Co.
1Hr,.TH.

rnnv..
f

it7»,
6s "97

ioa>i

'H2..

P^r share.

.

t08M
127

6s, 1900, A.40.
do
do «s,gld, 1900, J.&J.
114^
Cen. Ohio 6s. Ist m.,'9U,M.4 S.
12a
W. Md. 6s. iBt m., gr..'90,J.4J
do 1st m.,\890, J.4 J...,
do 2dm.,guar., J.4 J....
m.,prcf
2d
do
do 2dm.,gr.by W.C0.J4J
do 6s. 3dm., guar., J.4 J. 125X

RAILROAD H0ND8.

in deiamu

81

Wllm. ft

Stecbenv. 4 Ind. Ist, 6s, 18S4.
Stony Creek 1st m. 78 1907....
(Suub. Haz. & W..lBt m.,5s,'2j,

25
63J^
55

eoy

CANAL STOCKS.
Chesapeake 4 Delaware
Delaware Division
Lehigh N avlgatlon

'

C,

1893'
7s, R.
7s, coup, off, '93

Sbamokln V.& Pottsv. 78,

WestJersey
WestOereeyft Atlantic

OatrtwiRoa

72

(crlp, 18bi

conv.

Bait. 6b, '84. .
PlttB.Cln.4St. L. 7e, COU.,190C- 123>4
"8. reg., 191V
do
do
Rich.4Danv.coni.lnt.«?,19 5

Phlla.

96«

,

do pref.
do
United N.J. Companies

adm.

1^93'...
off, ll9i

27H

Morris, boat loan, reg., 1385. 110
Pennsylvania 68,co',iF '.910. 105
Schuylk. Nav.lst m.ils,r?.,'97.
2d m. 6fl. reg., 1907 90M
do

6'IM

St.Paul4DuinthR.R.Com

4
Cam. 4

86

,

.

Philadelphia 4 Erie
Pnlladelpbia 4 Reading
Philadelphia 4 Trenton
Phlla.Wllmlng. 4 Baltimore.

do

83

d-b.couo
do c up.

Phll.41!.Coal&lr'n deb.78,92*
deb. 78. cps.oll
do
do mort., 78, 1892-3

Ss

Nesquehoning Valley

Cam.

In. m.,l8,coup.,'S96

22H Lehigh Navlga.

.

& Western, pref
com
do
do
Norih Pennsylvania.
Pennsylvania

lmp.m.,6sg„ C. 1897
gen.m.6,. g.,C.U01

2ilm.6i.

PHII.ADEI.PHIA.

Norrlfltown

ieg.,l»i: 127

do

con?.m.6i.g.lBcl911 116

Sunburyft Erie Ist m. 78, '97., 118
^yra.Gen.A Corn'(r,l6t,76,lw;5
TexaB 4 rac. let m ,68, g..l905
R'o Grande D v.
do
cons. ra.,6s,g., 1905
do
inc.41.gr., 7b 1916
00
Onion 4 TIiuBv. iBt m. "s, '90,
United N.J. cons. m. 68, '94..
Warren 4 F. Ist m. 7s, '96
119

Wisconsin Central
pref
ao

Norfo'.k

108«

reg

Ist m.6s,coup.,'8i

Erie Jd m. 7s,cp.,'3S 119
do
cons. mort. 68.'9'.J0
5«,'920 107
do
JO
Phlla. Kewt'n 4 N.Y.. Ist m,
Phll.4 K. iBt m.6s.ex. due 19,0
1»10 121
do
dj
2d m.. 78, cp..93. 131
do
do cons. m. .78, cp., 1911 l-.6>a

131'

92}s

68.

isax

*

Phlla.

100

pref

,

Perklomen

ana

Fort Scott 4 Gnlf , pref
common.
do
Iowa Fain 4 Sioux Ctiy
Little Kock 4 Fort Smith ...
Manchester 4 Lawrence
Mar.Ho-igh. & 0..t
Mar. lloagh.& Oit.. prel...
?
NabBua* Lowell

do
do

...

do

.

102«
108

Scrip

Pa.4N.Y.C.4 RR.7s,'89o
106

Morns

.

do

88.

163
Connecticut River
8!S
Conn. & Passnminic
52
Eastern (Mass.)
Eaatera (New Hampshire)...
isV
1.51
FltChbnrg
321, 33K
Flint ftPera Marq

West Chester consol,

I22iii

.

Boston 4 Albany
Boston & Lowel!
Boston & Maine
Boston & Providence
Cheshlrepreferred
Chi-. 4 w. Michigan
cm. Sandusky 4 Clev
Concord

Csmden 4

68, < p.,l9,:3

North. Penn.
735<

AtcbUon & Topeka

do

do

do

Little Schuylkill, Ist m.7»,'#2
Pac, 1st m.. 6s, 1920 ...

lidji N. O.

do pref
Pennsylvania

mortgage
1,000
J.&J.
Third Avenue— Stock
100
Q-F.
May, '811180
Ist mortgage
1,000 •.;,ooo,ooo J.&J.
.July, '901113
114
Twenty-third Street— Stock.
100
600,001] F,4A.
Feb ,'8lll45 155
1st mortgage
1.000
250,0001 .Vl.ft N.I
May. 'dS 105 112
» This column shows last dividend ou stocks, out the date of maturity of bond*.
Ist

ft

Bid. Ask.

Catawlssa. chat, m., 108,
new7s 1900
o

Mo., land grant 7s
lit m. ;s, ti. g.'89
do
Ei
Nebr.Ss
do
2d m. 7s, gold, '93
do
do
Nebr.es
aSK
do
2dm. f .Fcrlpg.,78
Chicago Burl. & Qulncy4'...
cons. m. 78,1893...
do
U7«
ouuu. tK I'assumpslc, 7f,, \6Vi.
5s, 1S95
(0
do
Kastorn, Mass., 4^B, new. ... 109>i i;o
Ithaca4 Athens ist g d, ;s.,'9U
Fttchbnrg BB., «8
-lunctlon l8t mort. 6j, '8'^. ..
7«
do
do
2d mort. Cs. 19'J0
114
Fort Scott & Gulf 7s
83
83M Lehigh Valley, lst,6s,cp., 1398
aartford & Erie 78
do
doreg.,189j...
K. Cltv Lawrence & 80. 48...
125
do 2dm. 7s, reg., ISIO..
124
gau.City.St. Jo.&C. B. 18.
llb«
do con. m.,68,rg.,19/3
Little U'k & Ft. Snlth,7s,lst 118

50

107«

Jan., '81 145

7
7

4

Burl.

118

2Vi Aug., '80 45
1898
1(15
7
3
Feb. '78 80

2W Dec.
VI. *N.
3H May,
M.&N. 4 May,
1. & J.
»H .Jan.,

[Quotations by H. L. Grant, Broker,

1st

Apr., "31 114

fl
Var.
125,000 Var.
50
466,000 F.& A. »
60 1,000,000 Quar,
2

York

do
bonds
Fnlton Municipal

A.*0.

Bid. Aak.

*

5

50 1,850.000 f.*A.
20
750,000 •J.* J.
50 4,000,000 J. 4 J.
100 2,500,000 M.&S.
V»r. 1,000,000 M.&8,
100 5,000,000 Quar.
1,000 1,000,000 F.& A.
25 1,000,000 Var.

Metropolitan

Central or t^ew

315,000

Var.
Var.

do
uoston

Fenna.
do

Datt.

1

1st m.7s
1244i 195
land grant 7b I23>i!
do
land Inc. 9s.
do
127«
Boston 4 Maine 7s
127»g
joston a Albany 78
68
do
7b
Lowell
tloeton 4

STATE AND CITY BONDS.

Quotations oy ueorge U. Prentiss, Broker, 17 Wall Street.]

SAa COHPAHIKS.

Meb. 4 Tcpeka

.

118
270
60

25
60
60
100
30
20
40
50
100
25
50
25
100
100
25
60
50
60
50
60

•lOHRtTIIS.

SBOtTRITTBS.

BOSTON.

.

115

Gas and Cltr Railroad Stock* and Bonds.
I6u

XXXn.

[Vol.

.

no

50
25
25

Park
Peter Cooper

lib"

100

Third
Tradesmen's

l,nty

North Hiver

163

160
113

17
20
70
100
SO
50
100
40
100
SO
60
17
10
100
100

100
15
50
60
100

100

Hanover
iso
250

10(1
2,1
2.'>

Citizens'

•.35

ibd
145

West

Bid. A»li.

50

123

100
100
100
100

Hill*

Pacific*,.

Por.

Bid. Ask.

fwt i^olionoJ.

.

Quotations in Boston, Philadelphia and Baltimore.

Local Secnrities.

L.Ut.

COMFANISS.

Ck)rn

'.

I

4

Cln. 7s,

'92,

F.

4A

.,

124

92!
2d, M.4 N
do
Ss,3d,J.4J
32;
do
Union RR. Ist, guar., J. 4 J
Canion endorsed. 1119
do

m

Via

—

.

:

THEKC^HRONKJLK

.iTOB 11. 1881.]

Railroad Earnlngrs.—The latest railroad eamiags and the
from Jan. 1 to latest dates are sriven below. The statement Includes the gross earnings of all railroads from which
The columns under the heading
returns can be obtained.
" Jan. 1 to latest date" furnish the gross earnings from Jan. 1
to, and including, the period mentioned in the second column:
totals

BarOu.

Weekorilo.

^-Jan, 1 to latul dale.—
1881.
1830.
1880.
$45,314 $'^92,887 9215.145

1881.

AIa.Gt.8outhem.Mar

»52.307
687.200
173.000 143.100
637,343
22,884
86.205
23.069
88,210
Boat.A N.Y.Alr-L.April
57.121
791,121
50,664
828,969
Bur.C.Rap.&No..4thwkM'y
161.700
l;t4.fi52
9,957
8,469
Cairo & St. L<)Ui8.3d wk May
2.068,000 1.778.487 8,707,133 0,779,742
Central I'aclHc.Mtty
802,753
227,313 221,580
843.33?*
C1108. &Ohlo
April
ClilcaKO& Alton .4tliwk M'y 166,860 170,908 2,580,887 2.808,630
Atl. Miss. &01ito. April

1.418.149 1,732,518
Chic. Burl. &Q... March
30,406
37,690
Chlo. & East. III.. 1th wkM'y

Chlc.&G.Trk.Wk.end.June4.

19,890

31.651

233,088
Chlo. Mil.&St. P.lstwkJ'no 401.000
1,863,676 1,873,608
Chic. & Northw..May

Chi0.St.P.Min&O.4thwkM'y
St.Paul&8.City4thwkM'y
Chle. & W.Mich.. 3d wk Apr.
Cin.Ind.St.L.& O.April
Clncmuati South. April
ClD.

<&

Sprinut. ..4th

& Del.3d wk May

Denver & Rio Gr IstwkJ'no
De8M.&Ft.Dodi;e.3d wk May
Det. Lan8.& No.. March

February
Eastern
East Tenn.V.&G.3d wk M'v»
Flint* Pere Mar. 4th wkM'y
.

wk Apr

GraudTnmk.Wk.ena.Apr.30
Gr't Western. Wk.cnd.Mav27

Hannibal&St. Jo.4thwk M'y
Houst. <fe Texas C.4th wk M'y

May
(Iowa). May
Do
Indiana Bl. & W. .4th wk M'y
Illinois Cen. (111.).

23,818
114.787
7.S59

21.995
100,969
7,845
51,637
9,032
106,431
23,285
175,345
25.725
33.331
17,517
181,138
96.745
57,816
47,813

0,189
107,267
26,232
192,105
29,757
49,601
19.437
215,290
103,109
63,183
66,l(i(i

52 4,739

499,200
137,670
28,004
35,123
47.330
116.269
37.765
258,000
19,769
4,090
9.495
24.991
145.416

140,381
23,850
26,311
27,335
Int. & Gt. North. .4th wk M'y
89,819
K. C. Ft. 8.4 Gulf .March
31,764
Lake Erie & We8t.4th wk M'y
202,000
Liouisv. & NashT.lthwk M'y
14,403
Hemp. & Charl 4th wk May
2,974
Merc?. Pad. & No.3d wk May
7,224
Sh.,fe
Weat.latwk
J'ne
MU.L.
12,585
Minn & St. Louis 3d wk Miiy
129,249
Mobile A Ohio. .May
183..'.25
135.466
Naahv.Ch.&St.L. April
N.Y.Cent.&Hud March
2,668,250 2,854,835
N.Y. L.ErieA W.March
1,847,261 1,644,958
N,Y.&N. EnKl'd.May
215,271 183,701
457,680 384,483
N. Y. N.H.&Hart. April
471,973 412,870
H. Y. Pa. <t Ohio.. April
487,272 386,130
Northern Central. April
58,058
Northern Pacific. 1 St wk J'ne
85,264
Oreg'nR. Nav.Co.May
419,600 327.517
6,002
9,539
Pad. & Ellzabetht.2d wk May
3,760,372 3,488,366
Pennsvlvaula ....April
12,510
Peoria Dec. AEv. 4th wk M'y
14,832
293.323 334.947
Philadel. A Erie.. April
Phila. & Reading. April
1,484,864 1,496.330
41,889
35,953
St.L.Alt.(tT.H. ..4th wk M'y
15,933
Do (l)rch8).4thwk M'y 13,740
63.993
Bt. L. Iron Mt.&8.4thwk M'y 112,591
56,738
95,071
Bt.L. ASau Fran. 4th wk M'y
62.200
89,800
St.P.Mlnn.AMan.Lstwk J'ne
9,030
6,880
Bcioto Valley
4th wk M'y
130.841
94,594
South Carolina. ..March
487,000 486,928
Southern Pacific. April
59,987
30,196
Texas & Pacific .4tli wk M'y
2,393,237 2,067,269
irnion Pacific. ..May
Wab.St.L.&Pao. 4th WkM'y 381.238 322.828
63,426
WieconsinCent...3 wksMar.
46,930
Ind. Dec.

&

Sp...May

.

.

.

.

.

. .

.

*

Including Selma

783.119
435.915
275,272
692,935
628.191
388.367

578.291
539.730
239.847
691,637

1,601,360
155,583
2,096,162
114,716

1,561,515
161,828

35.629
35,803
14,761
168,199

56,033
51,940
21,931
175.484

124.5.13

Dubuque&S.Clty.4thwk M'y

Gal.IIar.& San A.lst

4,577,128
439.497

173.92;>

wk M'y

Clev.Col.Cln.&I.4thwkM'y
Clev. Mt.V.

3,760,918
622,142
592,131
5,790,000
6,720,936

Rome &

Daltou

in

482.215
4,091 595
6.818,221

355.177

832,560
102,486
266,547
415,319
377,659
703,477
021,739

205,226
378,094
390,748
782,713
714,079

1,()0().IK>1

:),rt7ii.0(X)

1 .inm.oix}
1.000.00(1

li,"ii>:).;4ao

Tradesmen's
Merch'nta* Kzoh.

I.erttlierMHn'f'ra

Broiidway
Mercantile
Paciao
Republic

Chatham
People's

Hanover
Irving

Metropolitan
Citizens'

817,863

937.158
1.263,504
2,351.361
670,738
462,753

581,538
482,089
181.994
976,149
621,310
326,994
279,692
487,600
349,403
4,235,009 3,080,981
495,949
439,633
89,739
76,801
202.286
159,939
295,247
209,043
976,831
891,352
760,244
721,711
7.366,420
4,716,463
1,003,522
1,724,100

7,765,679
4,193.557
861.374
1,470,665

1,708.991
1,768.991

1,460,809

947,263
947.263
739,378
1,393,252 1,191,500
188,268
188,263
133,839
13,889.305 12.794.679
225,736
133.319
1,028,700 1,132,304
607,823
294,123
2,862,244
1,201,416
1,632,733
126,821
366.796
1,507,300
1,384,184

523,709
265.551
2,255,032

4,918.273

5,202,511

943,174
1,256,794
113,388
332,818
1,365,749

995,280

both years.

Nicholas
Leather..

Corn Exchange..
Continental
Oriental

Marine
Importers'

Ninth National..
First National..

Third National..
N. Y. Nat. Bich..
Bowery National
.V. York County..

Germ'n Araeric'n
Chase National..
Fifth Avenue....
(German Exch. ..

Oermunia
Total

4...
6...
7...
8...
9...

10...

1,688,672 65
1,276,157 39
1,535,802 12

972,256 46
9.291.650 19
4,217,601 16

43 72.087.510 73
40 72,329,549 27
00 72,707,440 86
.50
72.878.938 20
79 73,087,540 47
803,193 37 76,348,256-83

2.000,424
1,780.912
993.421
875,785
8,869,433

—The following are quotations in gold for various coins

$4 83 ®.$4 86
Silver 14s and iflS.
99% a par.
3 82 •a 3 86
Five francs
93 ® — 93
X X Rf'ichmarks. 4 72 ® 4 76 Mexican dollars.. 88i2 3> — 8913
X Guilders
3 92 ® 3 93
Do uncommero'l.
86 a — 89
Span'JiDoabloous.lS 55 al5 75
English silver
4 72 ® 4 80
Mex. Doubloons.. 15 50 a 15 60
Prus. 8ilv. thalers. — 08 a — 69
Fine silver bars .. 1 IISb* 1 I2I3 U. S. trade dollars — 9914a — 99=8
Sovereigns

Nanoisons

Fine gold bars.

Dimes

&

la

dimes.

—

par

a) '4

ogiflS

prem.
par

U.

8.

sllverdoUars

—

99''s9

par.

—Mes-srs. Kuhn, Loeb & Co. have taken $3,500,000 Chicago &

eeo.oofi

315.900
TTS.IOO
730.900
79.700
839.000

1.0(M.700
S.4» 1,400
12.308.000
l3,l:«.9O0

ll,'U.20<J

4.13M,50(J

104.800
238.800

93.500

6,100.800
2.7S9.8O0
3.387.000
3.641.800
1.803.900
2.982.000
9,071.900
2,797.400
:8.102,000
2.3 8,800
2.«O7,a0O

221.301'

2300.100

7a.900
804.000
82.000
203.S0O
418,200
145.000
350.000

1.700.2'X

SOMOO
818.900
103,200
183,000
827.700
223,»)0
2.)8.00<J

2BI.70')

1.087.400
25.'JOO

8.778.000
2.839.000
9.Bil,700
1.932.300
4.ltl6.0»0

24.483.200
22.395.00c
780.800

244.00C
93.400

l,o;t!,500

1)88.600

20.998. !00

1.474.000

9.482.000
8 834.000
6.947.000
18.436.000
7.236.100
1.234,800
1.410.000
1.879,700
2. 1 83.400
4 660.9I>

2«7.O0<)

5S1.000
870 00.)
4U.8.)0
98.000
858.000

4^.600
83.900
238.10(

•838.60C

103,8011

2.000000
1,443100

117,20
67.900

1 S9».20«
3,(07,800

25.40U

mB

9».3')C
2.7114.100

«71,7M
8^700
1.110300
t>>U.0OO
319.(106
.

...

\,\*tjMO
43.000
l»,400

793.800
488,000
2.280,000

SJHO
480,000
448.900
460,000
4.800
780.800

48.000
1.091.20O
48.000
221.500
810.000
1.287.000

46.000
600,000
400.000
S67.S00
226.000
180.000

9t»M

3.082,700
S0H,50C

I>eo.

Dec.

I

,

Bee.

circulation

00

t

Loans.

Specie.

L. Tenien.

DtpttlU.

.297.736.700

88,047,900

12,798,600

272,466.900

81,948.900
65,t8i,50J
68,484.101

13,817,400
15,830,100
16,395,800

285,787,700 18,423,803 1179,878.988
292.376,800 18,4«,000 1179,893.303
298,931,900 13.319,500 1224.948,188
302.512,300 18,3)0,701 93.-1.459,473
317,08 7. .MO lh..3«:),300 1042,:J95,913
307,921, 00 18.352.300 947.812,071
,307.718.100 18.239,900 lI03.4S2.8aS
296,917,300 16,131,600 114.3,978.845
274,44i.8O0 15.448.500 1211.0S0.S7O
271.86'i,800 15,488.100 '.020.907.965
277.931.800 10.77 l.IOO 812,501,681
275.586,500 16,830.500 774.684.705
275,493,400 16.713.500 950,448.299
282,7*8,600 16.709,000 815.034.4Sa
28.t,821,100 18,880,200 724,i:0,S8«
292.853.000 17.217.400 978.263.388
291,536.300 18.600.100 879.882.835
303.033.900 18.864.200 1141.476.78»
316,818,400 18,896.900 :078.3S2.0as
326,611.700 19.136.300 1212.647.683
332,182,S00 19,301,200 1198.738,14
339,948,8)0 19,263.300 919,391,80

Circutitinn. Ajj. Olear

1880.
1881.
Jan. 8.. .304,030.201
"
15.. .302.884,310
.307,839.800
.310,6ii3,200
Feb. 8.. .316,092.900
" 12.. .317,139,100
" 19.. .320.807.300
" 28.. .3ie.5S 4,400
Mar. S.. .298.485,400
"
12.. .29«.25J,900
"
19. ..300,177,300
'•
26. ,.300,822,000

April 2
••

,

60,21)4.100

t7.2J7.lt01

67,603,700
67,810,«10

15,51i).000

8.5.810,li00

58.0. 4.

9. ..305.244,400
18. . .306.383.400
23. ..305,717,800

•'

SO. ..804,435.200

WO

54,894,100
55,96,8,000
59,332,0(X)
57,rt8,S,900

.300.28^100

"
"

57.611,01)0
60.429,1)00

6^,819.300
60.804,200

19,917,500
14.8Sr.200
15,043,000
13,289,200
12,4«8,800
la.241,200
12,934,900
12.710,500
12,472,700
13.428,600
14,418,200

69,2,S9.400 13,7.84,700
7. ..310.'<30.000 73,348,500 16.024,800
14. ..317,730,900 78,887,700 17.134.100
21., ,.324, '.92,800 80,318.500 17,873.000
28.. .332,025,700 79.134,800 18.633,800
4.. .341.091,900 76,052,100 18.823,300

lS,WJ.2a0 817,931.113

Boston Banks, —The following are the totals of the Boston
banks for a series of weeks past
Loans.
1881.

Mar.
••

18.985,142 97 15,331,170 49

Coins.

B.713,H00
2.402.000
5,701.S0C

tm.un
174.^

ss8.im

81.125.200 l>41,094,9(Klt 76,052,100 18.325,300 8S9,94S,60* l9.aB3l»

Dec. 31

••

Total

1,000,000
422,700
1,500,000

4di:iii

are the totals of the New York City Clearing
House Banks' returas for a series of weeks past:

"

61

iAi.im
4.206.000
4.819.100
720.900
1,849 200

183.200
187,800
63.700
137.300
eih.ooo

l.oei .000

7IM.00O

The following

June

01

8.8J7,60(!

13.073.000
16.0»0.S0fc
6.72»,e(Kl

liOS.OOO

48.000

1

$
88
33
86
48

W)7.800

9,000,00(1
8.000,00(1
1 ,01x1,00c

Specie
Lenal tenders

Currency.

7,018,339
6,265,596
6,363,085
6.330.059
6,566,673
6,720,308

2.074.300
1.292,900
13.628,100
4.06H.70C
2.791.400

1

,,,

i.tm
SOT.CNM

ll.8Un.9IKI

844,400
141.300
63.000

..

11.375.00(1

llrt.OOO

112.300

3.3.')n.80(l

4,752,80(1

O.473.1OO

2l).',.00(l

287.10(1

8W,aM>

deviations from returns of previous week are as follows
Loans «nd discounts
Inc. t».O59.20O Net deposit*. ...
Inc. I7.38S300

•'

June

•

2M.400
3,222.800
857.700
821,000
8^2.500
123.000
18.900
439,900
iMe,900

4,521.000
4,Bl7.100
1.717.700
l.OIB.OOO
»iW,400

5,112.200
7.738.400
7.801,000

493,000
483.100
428.500
:w,ooo

I.IHO.OIW

JU

l').048.000

The

••

Coin.

Tr..

Park
Meoh. Bkg. Ass'n
North Kiver
Bast River
Fourth National.
Central Nat
Second Natlon'l.

May

Balances.

Payments.

&

734.1I00

8,15II.40C
450.000
1.424,7011
412,600
2.«l)S.«0C
700,000
H.oaa.ooo
1,000,000
1.888,500
8,014.000
830.900
800,000
3.000.000 la.uitf.ooo 6,706,000
404,500
600,000
2.112.40C
2.85N.10C
240,000
1. 000.000
2.000,700
279,000
500,000
2.117,500
500,000
839,«00
3,45 ..000
600,000
851,000
4,151.000
1,000,000
138,000
s.aia.soc 2,50*1,800
1,000.000
2.001.B00
300,000
24,000
3,348.000 1,050.000
400,000
21.2«9.100 8.993,700
1. 500.000
2,900,000 19.202.000 8.894,400
500,000
970,800
191.700
83J.400
240.000
28.800
250.000
1.019.800
152,600
3,200,000 20.281. 30C 4,759,400
S.S52,000 1. 040.000
2,000,(X)0
300,000
2,B5o).COO
8W)."k)0
750,000
9.S7.000
5,903.000
800,000 IB.SSO.OOO 8804,400
1,000,000
8,027,400 1,400.800
300,000
1.513,400
224,300
250.000
1.689,300
8 1.000
200.000
1.442.900
4i.:oc
750,000
2,6J0.70
21«.800
300,000
4,202,000
819.800
100,000
l,N50,70O
491.400
20.0.000
l,310.30;j
19,800
200.000
1.257,500
80,800
250,000
3,170,200
650.000

.Sonh America..

8t.

204,000
4.'8, 10(1

l.'l,77«,500

200,000
200.000
eoo.ooc
soo.ooc
800.00C

Seventh Ward...
Stateof N. York.
American Kxcti..
Curamorce

J.888.000
4«t.8O0

M91.1'0lJ

3.27i!.tl0(

othJT
Hum U.S. "issr

Tmitrt.

1,799,01)0
*,ri*,(Mii

2.«2S,300
477.000
8,0SI.«OO
41).000

I'l.Sl.l.lOO

1.000,000
1,000,000
300,000

ButcJiers'.'kDrnv.

Mechanics' &Tr.
(ireenwlch

80WM.

10.011,000
7 lOil'iO
H.14I.HO0
7,4i7.000
8.101.200

600,000
300.000

(jHllatln Nution'l

Shoe*

and payments

Seeeipti.

i.aoo.ooo
3,000,000

HlioonU.
Cltr

1,914.421

—

S.

Union
America

3.2.57,331

Snb-Treasnry. The following table shows the receipts
at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week:

U.

Mechanics'

Chemical

trUdepf

Loans and

«
2,000.000
2,050.00C
a.ooo.ooc
2,000,000

Manhattan Co...
Merohants

3,473,il9
2,133,423
1,.506,880

Oaptua.

New York

Nassau
Market

2,317,113

833

New York Olty Banks.—The iollowing statement showa tk«
condition of the Associated Banks of New York City for the
week ending at the commencement of bosineos on Jane 4,
1881:

eammgi reported—^

Zaiett

.

:

:

7..
14..

21..
28..

Apr. 4

.

11..
18..
23..
2..
9..
" 18..
" 23..
" 80..
June 6..

May

*

Specie.

L. Tenlers.

6.171,010
5,3)3,400

2,467,400
2.470.700
2,53J,310
2.793,700

1H1,8.'9.900

143,529,010
140,111.000
147.531.200
148,289.910
148,129,201

5,7'10.100

5.842,300

2.87'),000

5,807,11)0

2,4^8,300
2.434,400
2.769,100
8,027,700
3.117.300
3.039,100

147.687,400
140.874.903

8,0H4,800
6,592,0)0
6.813,210
8,744.400

180.33'),500

8.843,101)

148,037,101)

150.121,100
181,061.400
182,840.300

8,878,700

2.oas,«o

7..'i03.700

3,2114,700

7,951,ii00

3,380,100

lncladin>c the item "

due

Loans.

••

••

•

t

5,8 10.20(1

(
71,011.6.51

70.663,787
70.583.874
70.178.285
70.260,003
71.181,796
72.305,791
78.485,827
74,233,494
75,10J,008
74.801.875
74.512,879
75.34 1.4 M
-6,812,661

87.801.409
8'i,772.ol)0
83.06'!,90fl

85,48S,I00
85,828,900
88.939,KC0
88.639,300
90.121,310
91.451.900
05.954.900
98.911.700
98.513.900
10 ; ,6 1 1,5,10
106,844,700

81,813.900
2J,8)1.900
21,875,903
29,975.500
80.183.800
30,282,700
31,461,400
31.824,600
30.822.000

a3.849.37<
70.117.775
69.634,183
68,840J)8a
69.096,a5T
70.463.781

30,7'iO,600
30,9)1.90.)
30.9r»7,100

96,827,6m
85.(05.M7

30.47R.500
80.822,700

79.106341
77.968.884
80.149,807

92.46iJ9aS
86.881,871
08,808,818

to other banks."

Philadelphia Hanks. --The
are as foUows:

1881.
Northwestern Railway Company's 5 per cent sinking fund bonds,
7
secured by a first mortgage collateral trust, principal payable Mar.
"
}'
21
in 1929 and interest April and October. The.se bonds are issued
23
for the purpose of acquiring valuable tributaries, and are Apr. 4
11
emitted at the rate of $15,000 per mile of constructed road, the
18..
first mortgage bonds of tributary road-j being deposited with
23..
the Farmers' Loan and Trust Company as a pledge. Subscrip- May 2..
9..
tioiis wiU be received by Messrs. Kuhn, Loeb & Co., at 102>^,
18..
23..
until June 17; but the right is reserved to close the same at an
SO..
earlier date and without notice.
June 6

Deposits.* Clreutation. Agg. Ctear^

*

*
149.351.400

totals ot the Philadelphia

L. Tendtrs.
t

Deposits.

Circulation.

16,873.724
17.179.494
17.888.897
17.580.162
17,573,373
18,885.372
18.914.808
10.284.088
19.806,523
18.908.813
11.451.116
21.210.581

61. ",49,924

61.782.C81
61.000.176
81.17 ).413
62.456.338
63.771.480
67.659.330
67.801.923
68.373.686

9.876.776
9.951.033
9.996,288
10.006.706
10.105.592
10.148.128
10.131.981
10,123.536
10.264.806

banks

Am. dMr.

*

n?.027,3(/»

10,4r).54.3

63.609.103
7.),497.538

10.334.185
10,219.090

2).l-.4.3'3

71.588.803

10.'>37,410

2J,7£0,088

71.9(!2.0l4

10,243,210

69.e(i6.47»

48.030.801
47.59S.11S
48,83e.aoa
53.310.480
48.057.337
44 097.180
51.800.874
46.135.649
Se.07S.47S
6i.sa8.a»7
8S.tn5.8*^
6i.814.Sad

53.48041 «

^

—

THE CHRONHJLE.

63t

-ITATE, CITf

Capital stock

The Investors' Sopplbmbnt contains a complete exhibit of the
funded Debt of States and Cities and of the Stocks and Bonds
of Railroads and other Companies. It ii published on the lust
Baturday of every other month viz., February, April, June,
August, Octobtr mid December, and is furnished without extra
<eharg' to all regular subscribers of the Chkoniolb. Single copies
are sold at $2 ner copy.

—

flrst and secoud mortgage bonds not yet
refunded—
For .1i237.000 firsts ® 100
For $14,203 seconds, at Slifl
Bills and accounts payable
Coupons payalile Jauuaiy 1, 1881
Dividend No. 1, payable February 1, 1881,
Income account

ANNUAL REPORTS.
Canada Southern.
(For the year ending December 31, 1880.)
From the aunual report, i nst issued, we learn that the namber
of miles of road operated iu 1880 was 403, being 67 miles less
than the road operat«d up to Noyember 9, 1879, at which date
the Chicago & Canada Soathem Railway passed from the control of this company. Of the 403 miles operated, 229 miles are
main line (International Bridge to Amherstburgh, Ontario), and
174 miles are brriches and Ivlbutary roads. Th).s company now
owns 396 miles, although 104 miles are nominally under four
other ortaTizatio is. Of the 396 miles owned, the main line
and the Tol. & Det. Div. are laid with steel rails—a total of 2S5
miles.
To construction account there were charged during the year
$127,746, and in previous years the following 1879, $310,128 ;
1876, $GS,066 ; 1875, !?142,876.
1878, $85,011 ; 1877, 5>31.040
TTie stoc>4 and bonds remain substaniially unchanged.
Mr. W. H. Vanderbilt comments as follows upon the business
of 1880 ; but although the report is dated June 1, 1881, nothing
is said of the earnings during the current year
" The year ISSOis distinguished as being the most prosperous
year in the history of the Canada Southern Railway Company,
and the directors and officers take pleasure in congratulating
the shareholders upon the satisfactory and encouraging exhibit
which is made in the figures accompanying this report, but particularly upon the large increase in profits which has made it
possible to pay to the shareholders the first direct return upon
their investment in the shape of a dividend."
EAKMNGS AND EXPENSES.
Inc. or Dec.
1879.
1880.
$2,273,007 Inc.. $645,124
$2,918,131
From freight
640,154 Inc..
84,512
724,666
From p.assengers
82,204 Dec .
19,323
C2,881
From all other sources
:

;

:

$2,995,365

Inc.. $710,313

$2,448,090

Deo

$547,275
391,453

$1,299,S37
407,799

Net earnings
Interest on funded debt

.

$41,749

$752,062
16,347

Ino.
Inc.

$155,822 Inc.. $735,715

$891,538

BaLince
Dividend No. l,Feb. 1,1881,

Balance to income aco't.

$516,538

FREIGHT AND PASSENGER STATISTICS.
1879.
1878.
1880.
Frcight Earning Sevenue.
Tons frcight carried one mile.. 454,499-333 443,441,917 293,700,406

Eamingsper ton pormile
Expenses per ton per mile
Profit per ton per mile

Number

Passengers.
carried one mile

Earningsperpassengerpr.mile

Expeu's per passenger per mile
Profit per passenger per mile..

6i'30ots.
38'60 ets.
25-70 ota.

51-20 cts.
39-43 cts.
11-17 cts.

34,549,323
2'097 cts.

33,608,639
1-905 cts.
1-333 Ota.
0-572 cts.

1591
0-506

cts.
cts.

63-11
48-65
14-46

ctacts.
cts.

28,889,262
1-878 cts.
1-640 cts.
0-238 cts.

INCOME ACOOCNT, 1880.
#280,507
Balance to credit of this account, Jan. 1, 1880
3,705,679
Gross earnings, 1830
from
other
sources
$15,386
Receipts
77,901
Discharge of balances of old operations of side lines 62,514 $4,064,087

Tot.al

Less— Operating expenses and

taxes, 1880
$2,406,341
Miscellaneous payments.
36,301
of
Discharge
balances of old operations

Dividend No. 1,
Feb. 1, 1881

2^

per cent, payable

Credit balance,

$415,358
31, 1880.

Assets.

Construction and equipment

$23,904,891

owned—
Canada Southern Bridge Company

$450,000
858,000
100,000
204,125

Toledo Canada Southern & Detroit E'y Co
Erie & Niagara Railway Company
Michigan Midland & Canada RR. Co
Ke-sv York Central Sleeping Car Co
International Bridge Co
First mni-tgage bond's owned
Canada Southern Bridge Company
Toledo Canada Southei-n & Detroit R'y Co
EMe * Niagara Raii-way Co
Michigan Midland & Canada ER. Co

V-

Total assets

&c

*
*
*
" The Milwaukee & Northern Railway passed into the possession of the Milwaukee & Northern Railroad Company, by foreclosure sale under its first mortgage and bonds, during the
spring of 1880. The property itself was again leased to Stewart
and Abbot, trustees, on substantially the same terms as the
temporary lease which they had accepted from the Receiver of
the road during the period of foreclosure. The present lease
to the trustees is terminable upon six months' notice by either
party; and although, as trustees, you deemed it proper to
decline to consider a more permanent connection, the interests
of both parties will probably lead to the continuance of the
*
*
*
present arrangement for some time to come."
" The figures given in the accompanying statement cover
only the year ending Dec. 31, 1880. Subsequent to that daue
During March
snowstorms of unusual severity occurred.
a succession of storms three times blocked all the railroads in
' .'^isconsin which enter
into the city of Milwaukee. These
suorms closed up the Milwaukee & Northern Railroad for nearly
a fortnight, and cost us many thousands of dollars to clear the
tracks, Besides completely stopping all traffic on that part of
our line"
EARNINGS, EXPENSES AND RENTALS FOR FOUR TBARS,

railroad lands."

:

1877.

Earnings.

100—

:..

1878.

1879.

1880.
^315,417
278,414
25,778
8,897
5,213
12,630

$596,544
212,191
24,263

4,961
4,380
5,731

$496,017
194,560
25,704
7,115
4,219
6,200

$734,235
Total gross earnings
Less operating expenses... 474,653

$733,819
474,497

$851,090 $1,146,352
680,149
497,138

Net
Deducting rentals

$-259,3-22

$353,9.52

136,158

160,861

$497,235
198,353

Froip passengers
From mails
From express
From sleejung car
From miscellaneous

23,.572

$259,581
145,731

8,475
4,118
5,497

$466,203
200,455

Leaving a balance of... $113,810 $122,863 $193,090 $265,748
In the comparative statement of operating expenses for the
years 1879 and 1880, the following important items are included
1879.

Repairs roadbed and roadway
Repairs bridges and culverts

18S0.

$132,787- $194,513
16,628
29,061
1,083
7,198

Hepnii-s fences

Repairs buildings and fixtures
Repairs engine and tenders
Repairs passenger cars
Repairs freight oars

17,203
17,438
25,571

2,149
11,105
26,712
22,6,54

35,740

Inc.

$01,725
12,433
1,068
3,907
9,509
5,215
10,169

The report

of sales in 1880 was as follows
2,322 acres farming land
1,603 acres sandy and marshy land
63 town lots
pine stumpage
27,122

1,637,303

1,492,537
600.000

278,625—

680
1,486
43,296

M

$.52,900

Total
is

a statement of the

total

number

of acres

Acres.

Tears.

$988,000

219,495—

$7,437

sold

25,078

Material and supplies on hand. Including rails, fuel, &o
Bills and accounts receivable
Dncollected balances in hands of agents
$289,519
freight charges,

.

The following

Capital stoclf

UncoUeoted
Cash

$30,554,772

:

375,000- 3,648,728

December 31, 1880
CONDENSED BAL.iNCE SHEET, DEC.

13,760,788
795,022
208,603
375,000
415,ooS

Wisconsin Central Railroad.
{^For the year ending Dec. 31, 1880.)
Mr. Charles L. Colby, the agent of Messrs. John A. Stewart
and Edwin H. Abbot, trustees, states in his annual report that
"the Wisconsin & Minnesota Railroad was constructed during
the past year from Abbotsf ord (formerly known as Colby Junction, and lying between Dorchester and Colby) to Cliippewa
Falls.
It is about 54 miles in length, and was opened for
operation on Nov. 22, 18S0, The Chippewa Palls & Western
Railway is operated in connection with the Wisconsin & Minnesota Railroad, and jiraotically extends our own line to Eau
Claire.
From this point, under arrangements with the Chicago
St. Paul Minneapolis & Omaha Railroad Company, Wisconsin
*
*
*
Central cars are now daily run into St. Paul."
" During the year 1880 many settlers have established themselves on the line of the road. The best Grovemment lands have
been already taken up, and the demand for our lands is somewhat quickened. We could not advantageously force our lands
into the market until those belonging to the United States wei 3
But during the past year m' cli
flrst settled and improved.
attention has been given to plans for rapid settlement of our

LAND DEPARTMENT,
The total number of acres patented was 577,035.

423,285
407,799

of side lines
•
Interest on bouds, 1880

$15,000,000

227,000
4.474-

Total Uabilities

From freight

375,000

2>flpercent

=1

New first mortgage boniU actually issued... $13,529,314
New tirst mortgaKe bonds held against old

AND CORPORATION FINANCES.

$3,705,679
Total
Op'ing expenses and taxes—
1880. 61-94 per cent?
ct.? ^nR 1i1
i
^AiOb,^!
1879, 81 -73 per cent 5

XXXn.

[Vol.
Liabilities,

lumstmeuts
.'

:

:

Average per acre
$6
2,703.33
Average per acre
5
3,049.62
4
7,689.54. ...Aver,age per acre
Average per acre
1
29,3!»4.93
Average per acre
23,.371.21
2
Average per aero
2
10,525.57
Av'age for farming lands 3
12,243.73

1874
1875
1876
1877
1878
1879
1880

3,300,032
Sg-zjoeo

88,977.93 acres land

202,304

563 town

$30,554,772

93^
23

57J«
43ia

88,977.93

GRAND TOTAL OP

$28 Si" 227

568,145
545,028

82
01
18

and 13 blocks
135,078 Mpine stumpage
lots

SALES.

$229,325
„i?'§?3
222.34J

$471,354
Total
Face value of outstanding land contracts, exclusive of Interest
$30,075
January
1881
accrued
1,
due and

:

—

'

THE CHRONICLE.

JtTNB 11. 1881.]

ending Dec.

Dlvtdeiida on preferred atoek

1880.)

31,

$107,7»5
Sl,033

Interest, iio

Sonthern Pacific of California.
{For year

635

report has not yet been issuecl, but ander date of
June 1 Mr. C. P. Huntington, the President, gives important
He says
information regarding the operations of the road.
"The earnings of the Northern Division were $994,195,
of which $442,765 were net over expenses, taxes, &c., which,
added to the rental of Southern Divisions and other property,
in the aggregate $1,675,248, makes a total of net earnings
$3,118,014. The amount disbursed for interest in the year was
$1,741,740, and for rental of tlie Monterey Railroad $20,400,
leaving a surplus over all of f 355,874.
" It is important to know that the portion of the road leased
to the Central Pacific Company is being worked at a profit, so
that whenever it shall bo found advisable to terminate the
lease and assume the operation of the entire line independently,

lucrcuMolu HUiipliea
Boiida taken m>

L^.^Sl
57,100

292,059

The annual

Bonds and otuih on hand
The general balance is as follow*

:

the expenses, interest and sinking fund engagements." * * "No
lines have been built during the past year in California,
but more recently the Santa Cruz RR., a local road leading
to an important coast resort, has been acquired in this intertat,
and henceforward will be operated as a feeder to the Southern
Pacific.
The Arizona and New Mexico extensions of the Southern Pacific Railroad have, however, been vigorously pushed
during the year, and from Tucson the road has been carried
eastward to Deming, N. M., a distance of 219 miles, where it
connects with the road of the Atchison Topeka & Santa Fe
Railroad Company, thus affording a second complete trans-continental route, via Colorado, between the Atlantic and Pacific
cities, wh'ch new line of travel has, since its opening, March 18
last, contributed greatly to the business on the line to and from
San Francisco. From Deming the Southern Pacific has been
still further extended in a southeasterly direction to El Paso,
Texas, a distance of 88 miles, or a total distance, as the trains run,
of 1,285 7-10 miles from San Francisco." ** "At El Paso, or at
some point further southeastward, this El Paso extension will
meet and connect with at least two other railroads from the
Mississippi Valley the Texas Pacific Railway and the Sunset
Route,' the Galveston Harrisburg & San Antonio."
On the 712 miles in California the earnings and expenses in
1880 were as follows
'

:

EARKIXOS.

From passengers
From frelfrlit

$425,212
541,267
27,710
1,675,248— $2,669,444

Mall, express and teleg.'aph
Bental of leased road and other rents

459,600

Total gtook

$1,800,000
2,529,200
Uiicl'il coup'B and dlv'e
10,522
Profit audlow
591,75a

:

IUkuI and PxtenBlonii.
94,847,00<^
TniHtecii uf RinkInK Tnd
201,500
Pein(KewnHi«!tt Iloiue.
18,000
. .

Fuel uu'l iiiat«rialii
Oenvral luanaKCrs'aco't

Cash for unp'dcpa.. ice,.

CashandboudNonband

Total

Total
$1,931,479
.V
$4,031,479
of bonds has been made since the close of the
year for the purpose of improving the property.

fiscal

GENERAL INVESTMENT NEWS.
—

Atlanta & West Point. The directors have passed a reaoIntion doubling the stock by a dividend of 100 per cent to the
stockholders, and declaring a dividend of 6 per cent, payaUe

company Aug. 1.
Boston Hoosac Tannel & Western.— In th-s Chroniclb of
•Tune 4, an page 611, where it was stated that " five per cent
upon the subscriptions has been called," it should have read
at the office of the

"

fifty

per cent."

Boston & New York Air Line.— At Middletown, Conn.,
June 7, the annual meeting of stockholders was held and the
old board of directors re-elected. H. H. Hammond, of New
York, was elected President; D. B. Hatch, of New York, Treasurer, and F. H. Walson, of Bridgeport, Secretary.
The report of the board of directors showed the gross earnings of the company for the year ending April 30 to have been

$281,569 ; operjiting expenses, $125,806; net earnings, $155,763.
Out of the net earnings the following expenditures ware made :
ConstrucHon and equipment, $19,648 ; interest on first mortgage bonds, $35,000 taxes for 1880, 114,727; cost of exchanging
and printing bonds, $15,80».
During the year 800 tons of new steel rails were laid. Contracts hare been made whereby the company will have a continuous track of steel rail betwen its termini at New Hsvea
and Willimantic during the present fiscal year. The general
balance sheet to May 1, 1881, shows on the debit side the following items Cost of company's property, $3,900,000
expended on construction and equipment, $560,000 ; material,
etc., on hand, $57,000 ; cash, $41,000 ; uncollected earnings,
$29,000. On the credit side the following appears Bonds of
former road convertible into stock, $252,000 ; capital stock,
preferred, $2,800,000 ; capital stock, common, $800,000 ; scrip,
$28,000 ; first mortgage bonds, $500,000 ; current liabilities,
$23,000 ; profit and loss. $184,000.
Central of New Jersey. Negotiations have been nearly
completed between the Central Railroad of New Jersey and
Drexel, Morgan & Co., and the First National Bank, by which
new mortgage bonds, amounting to $5,000,000, of the American
Dock & Improvement Company are to be taken by these
bankers. The bonds are to run forty years, and bear 5 per
cent interest. The amount of the new issue is somewhat more
than the former mortgage with the accumulated interest.
Only $3,000,000 of the bonds under the former mortgage is outstanding, the remaining $1,000,000 of the principal being held in
the treasury of the New Jersey Central Railroad, by which the
whole issue was guaranteed. The railroad company will receive
therefore, from the sale of the new bonds, over $1,000,000 in
money. F. S. Lathrop, President of the Jersey Central, said
yesterday that the addition of this sum to the money now in
Lis hands would enable the company to pay its floating indebtedness and dissolve the receivership. He expressed the opinion
that the company would be taken from the hands of the
Receiver within ninety days. N. Y. Tribune, June 10.
Central of New Jersey PennsylTanla. A press dispatch
from Philadelphia, June 8, had the following " The board of
directors of the Pennsylvania Railroad Company this afternoon
ratified the contract entered into by that company with the
Wabash St. Louis & Pacific Railroad and the Central RaUroad
of New Jersey. Under the provisions of this contract the Pennsylvania Railroad Company will transport all freight and passenger traffic that may be delivered to it at a point near Milton,
Penn., over the line of the Philadelphia & Erie Railroad to
Driftwood, and thence over the low-grade division of the Alleghany Valley Railroad to Red Bank, from which point the
Wabash line will build a road to Youngstown, 0., where connecThe Pennsylvania
tion will be made with the Wabash system.
Railroad Company will furnish the motive power and track and
will transport all business offered by the new line between
Milton and Red Bank, receiving as compensation its pro rata
proportion of existing through rates according to distance. This
arrangement will not interfere or impair the local traffic of the
Pennsylvania Railroad Company, which is amply protected
under this contract. It applies only to such through trade as
may be interchanged by the lines."
—It is reported in New York that the link from Red Bank to
Youngstown, Ohio, is to be built by an independent company,
controlled in the New Jersey Central, the Wabash, and the
;

:

DI8BITE9EUENIS.

Operating expenses, Northern division

$487,817

Taxes and miscellaneous

63,612—

551,429

602,801
32,206
10,522
161,447

A new issue

new

—

5 10,400

BoudH

company can do so with a traffic more than sufficient to meet

this

$S00.0OO

stock, preferred
Stock, uew
Stock, old, dlv., dte

$171,970

;

:

Earnings over operating expenses, Ac

PAYMENTS FBOM

$2,118,014

I1I«0MB.

Rentals for leased line

$20,400
1,741,740—

Interest

Sarplas

1,762,140

$355,874
ASSETS

AKD

LIABILITIES,

DECEHBEB

31, 1880.

A sspJs

Liabilities.

Cost of road, 12 miles $61,608,273
Cost of rolling stock
1,847,403

Capital stock
$36,763,900
Funded debt (Istmort-

Bcal estate and build-

gage bonds)

ings (exclusive of U.

Currc'it accounts

land grant and
Mission Hay water

Other liabilities

S.

front iu San Fr'isco)

28,872,000
534,158
135,752

1,438,206

Material and fuel on

hand

101,971
30,000
869,393
203.099
207,702

Bills receivable

Current accounts
Cash on hand
Profit

and

loss

Total

$e6,306,110

Boston Concord
{For the year ending

Total

&

$66,306,110

Montreal.

March

31, 1881.

The annual report

for the fiscal year ending March 31, 1881,
gives the earnings for that year, which compare as follows vnth

1879-80

—

—

—

:

1880-81.
$310,796

Passengers
Freight

32,576

1879-80.
$260,921
383,531
33,670

$797,556
586,172

$678,123
477,251

4.54,184

Mails, etc

Total

Expenses

Net earnings

$211,383
$200,871
" The amount of net earnings would have
report says
been materially increased had it not been for the extra expense
incurred in carrying an increased freight traffic over a road-bed
not thoroughly prepared for it, and also for extraordinary
expenses amounting to over $37,000, which we have made the
past year and paid for out of our earnings for necessary perma-

The

:

nent improvements."
The trafic for the year was as follows
Passengers canned
Pahscnger miles

Tons freight carried

Tou miles
The income account was as follows:
Bonds and ea.sh on hand from last report
Net eamtugs

:

1880-81.
289,473
9,286,820
285,597
17,135,830

Interest received
Sale of bonds
Decrease in fuel and general manager's account

Total

1879-80.
247,313
8,364,791
192,378
11,572,661

$188,067
211,383
9,080
30,500
24,998

$464,030

New York

Chicago

&

St.

Louis Railroad interests.

It is

expected

from Red Bank to Pittsburg, and from Pittsbnrg
to Youngstown.
Chicago Milwankeo & St. Paul.—At the recent annnal
to build also

—

;

THE CHRONICLE.

636

meeting the stockholders authorized the directors to issue,
common stock and offer it
if they should see fit, $5,000,000 of
building
to the shareholders at par, the money to be used for
depots, machine-shops and bridges, the purchase of equipments, and for double-tracking, &c.
Chicago & Northwestern.— In the report last week of the
dividend on preferred stock, the rate should have been given
as 1% instead of 1^ per cent. The following is from the
official

statement just. issued
CHICAGO A NOETHWE8TEKN RAII.WAT.
:

48590
49601

Miles In Illinois
Miles In Iowa
Miles in Wisconsin
Milesln MicUgau

.

20906 „,„„^
,720-94 miles.
.,

1

1,049-58 miles.

2,77052 miles.
1881
Comparative statement of the earnings of the systems of
lines owned and operated by the Chicago & Northwestern Railway Company, as above, for the twelve months ending May 31

May

31,

1879-80.
$3,274..'i08

Paissenger
Freight.

11,995,674

269,004
256,967
115,821

Exnress
Mall
MlscellaneouB

$15,912,875
1,436,473

Total
Proprietary roads

1880-81.
$3,610,468
13,144.042
278,692
258,081
120.322

$17,416,607
1,907,135

and

;

—

—

since.

International Telegraph Company.—This company filed
articles of association at Albany, Jane 4. The capital will be
$10,000,000. The route of the line is to be from New York to
The
all important points in the United States and Canada.
shares are taken as follows: Andrew J. Baldwin, of Wilkesbarre,
50,000 shares; James F. Cox, of Morristown, 25,000, and Charles
H. Stebbens, 25,000. The concern is to last 100 years.
Iowa Falls & Sioux City. The annual report of the Iowa
Falls & Sioux City R. R. Company is printed. It shows gross
earnings for the year ending March 31, 1881. of $52.5,153, an
increase over the previous year of $32,190. The increase in
rental was $16,011. The income of the company for the year
was $612,060, of which $235,408 was rental and $365,300 was
from the land departmeut. The bond interest for the year was
$206,325, the dividends (4 per cent) $184,940, the general expenThe
ses. $4,923, and the balance to income account, $215,871.
report of the land department shows that 94,742 acres of land
were sold to 781 purchasers, for $578,684, at an average price of
$6 10 per acre. The previous year's land sales footed up 14,615
There were 261,149 acres unsold March 31, 1881. The
acres.
cash land receipts for the year were $441,495, of which $266,466
were " down payments" on land sales, $130,047 bills receivable
and $43,342 interest.- JT. Y. World.

Increase.

$335,960
1,148,368
9,088
1,114
4,501

$1,498,731
470,661

Tia Portage, to Lake Superior. The company is the one to
which was given a valuable land grant of 250,000 acres some
years ago, and their further neglect to complete the mad according to the contract would have forfeited the grant within a few
months. The lands are located in a portion of the St. Croix grant,
and several efforts were made during the last session of the
Legislature to take them from the company and confer them
upon some other that would build the land-grant road."
Colnmbns Chicago & Indiana Central.— A press dispatch
from Columbus, Ohio, June 9, says that in the United States
Court judgment was taken by default in the case of William L.
Scott against the Columbus Chicago & Indiana Central Railroad
Company in favor of the plaintiff for $441,007, with Interest at
7 per cent from April 5, 1881.
Green Bay Winona & St. Paul fireen Bay & Minnesota.
The directors of the Green Bay Winona & St. Paul Railway
held their first meeting in Green Bay, Wisconsin, June 7. The
following officers were elected Samuel Sloan, of New York,
President ; Timothy Ca.se, of Green Bay, Vice-President
Theodore Stnrges, of New York, Treasurer and Secretary
Executive Committee— John I. Blair, of New Jersey, and Percy
B. Pyne, Benjamin G. Clark and Edwin F. Hatfield, Jr., of
NewYork. The general plan of reoganization was adopted by
the company in much the shape previously arranged. This
embraces the issue of $8,000,000 common stock and $2,000,000
preferred stock. A first and second mortgage will be Issued.
Illinois Midland. A bill in equity was filed May 26 in the
United Sta'e3 Circuit Court, Springfield, 111., by John J. Waterbury, of New York, against the Illinois Midland Railway Company, the Peoria Atlanta & Decatur Railroad Company, the
Paris & Decatur Railroad Company, the Union Trust Company
of New York, and Robert G. Hervey and others, officers and
directors of said railroad companies. The bill is brought to
cancel and set aside a deed of conveyance of the property,
rights and franchises of the Paris & Decatur Railroad Company to the Peora Atlanta & Decatur Railroad Company, made
September 19, 1874, and to cancel a mortgage executed January
1, 1875, by the Illinois Midland Railway Company to the Union
Trust Company of New York. It is charged in the bill that
there was a conspiracy between the directors of the Peora
Atlanta & Decatur Railroad Company and a majority of the
directors of the Paris & Decatur Railroad Company to deprive
the latter of its property and franchises, and to defraud the
shareholders, and that in pursuance of such conspiracy the
deed of conveyance was made, there being no consideration
whatever for the same. It is asked in the bill that the deed be
adjudged null and void and canceled, and the mortgage, so far
as it affects the property of the Paris & Decatur Railroad Company, adjudged not to be a lien Upon that property, and declared null and void.

—

Vol. XXXIl.

as the custodian for the bondhdders and issue a negotiable
trust certificate in exchange for the second mortgage bonds,
dated July 1, 1876, each $1,000, and coupons due January, 1877,

$1,969,393
$17,313,349
$19,318,742
Grand total
Chicago Portaare & Lake Snperior,— A Madison (Wis.) dispatch says: "The mortgage given by the officers of the
Chicago Portage & Lake Superior Railroad Company to the
Farmers' Loan & Trust Company of New York was recorded
in the Secretary of State's office May 31. The amount is computed upon a basis of |20,000 per mile of completed road, and
aggregates $8,000,000 on 400 miles, the distance from Chicago,

•

I

—

o25-97

PROPBIKTAHY RAILROAD^
661-69
Winona & St. Peter EE. & branches
6&'80
towa Midland Eail wav
6263
Sorthem Union Division
83-40
Toledo & Northwe.stcrn Eailway
78-40
Division
Sheboygan & Wt stem
91o0
Milwaukee <& Madison Division
3-25
acturinf!
Co
Iowa Railway Coal & Manuf
Total

'

—

Central. A syndicate of eastern and Ohio
have bought the controlling interest in the Ken-

Kentucky
capitalists

The latest report concerning the transaction is in the Times dispatch of June 9 from Cincinnati as
follows: "M. E. Ingalls, President of the Kentucky Central and
the Cincinnati Indianapolis St. Louis & Chicago Railways,
returned to this city to-day, and reports that the first sale of
the Kentucky Central, reported a few days ago, has fallen
through, and. that it has since been purchased by the Chesapeake & Ohio. He makes the following statement: The original
purchase was by C. P. Huntington, one-fourth ; M. E. Ingalls,
for Cincinnati interests, one-fourth ; Ballon & Co., one-fourth,
and another New York interest, one-fourth. This transaction
fell through, owing to a difference about the preferred stock,
and C. P. Huntington and his friends took the entire option stock
on the terms hitherto published— 60c. for common and par for
preferred. The Kentucky Central will be extended as hitherto
planned to Livingston, but in the meantime will be at once
operated by the Chesapeake & Ohio, whose cars will be running
into Covington within sixty days. The road will be made all
steel, narrowed to the northern gauge, and newly-equipped.
As C. P. Huntington already owns the Elizabethtown & Paducah and Paducah & Memphis roads, 250 miles in all, and has
surveyors upon the line, 60 miles in length, from Lexington to
Elizabethtown, it will be readily seen what a vast system he
will control as tributaries to the Kentucky Central.

tucky Central Railroad.

& Keene.—The referees before whom the
Company
Manchester & Keene Railroad
of the
against the City of Keene was tried, to recover certain gratuities, have decided that the company is entitled to recover $128,951, with interest from December 8, 1878. The city has taken
exceptions, and the case will probably go to the full bench on
questions of law.
Memphis Paducah & Northern.—In the United States Court
at Louisville, June 4, at the instance of the foreign bondholders.
Judge Barr ordered the sale of the Memphis Paducah &
Manchester

suit

Northern RR.

Milwaukee Lake Shore & West.—The annual meeting of
the Milwaukee Lake Shore & Western Railroad Company was
held at Milwaukee on the 8th inst. The board of directors,
with the exception of M. K. Jesup, was re-elected. F. F.
Thompson was elected in Mr. Jesup's place. The earnings for
1880 were $427,000; operating expenses, $273,000; net earnings,
$154,000; interest on funded
plus, $31,000.

Mobile

and

floating debts, $123,000; sur-

& Alabama Grand Trunk.—The

plan of reorgan-

as follows:
Holders of all securities of this

ization

is

company must deposit same
with the Farmers' Loan and Trust Company of New York,
forthwith, paying thereon the amount as hereinafter provided.
Reorganization certificates will be issued therefor. On the
completion of the reorganization, holders of such certificates
on surrendering the same as crovided in the reorganization
agreement, will receive for the' present first mortgage bonds
with all unpaid coupons attached of $1,000 each:
$800 in a now first niortgafre bond with forty years to run from the
tirst day of November, 1881, with semi-annual mterest thereon, at tho
rate of six per cent per annum, total issue not to exceed $15,000 per
mile.

. _^^
,
in a new second mortgage income bond non-accunnilative, loriy
to run, with interest not exceeding 7 per cent per annum, payable
from net earnings realized after paying exncnses incurred in operatmg
and maintaining the railroad, and prior fixed charges, total issue not to
exceed $15,000 per mile, and
$300 par of the new capitivl stock of the company, total issue not to
exceed $20,000 per mile.
.

$500

j'eai-8

Indianapolis Dccatnr & Springfield. The company has
Holders of the present first mortgage bonds will be required
placed on the New York Stock Exchange list its second to pay on each bond three hundred dollars as follows: On
nortgage income trust company certificates.
Pursuant to the deposit of the bond, $60; thirty days from said deposit,
the action taken by the board of directors of this com- $60; sixty days from said deposit, $60; ninety days from said
pany for a re-adjustment of its indebtedness, and for the deposit, $120.
purpose of facilitating the exchange of securities and ratificaThe mortgages to be given to secure the respective bono*
tion of such action, to wit, the issue of new Isonds an^l pre- shall provide for the establishment of a sinking fund to meet
ferred stock, the Central Trust Company of New York will act the principal thereof, when respectively due; and that in case

—

f

Jtosb

11, 1881.

:

x

-

THE CHRONICLK

i

of default in interest the principal thereof shall mature, and
may advise will best secure

such other provisions as counsel
the payment of said bonds.

CAPITAL STOCK.

Holders of the present capital stock, upon transferring' the
same to the Reorganization Committee and depositing the same
with the Trust Company, and paying at same time a-ssessment
thereon of five dollars per share, in' cash, will receive a certificate therefor entitling the holder upon the completion of the
reorganization of said railroad, under said plan, to a new
second mortgage income bond at par for the amount of the
assessment paid, and a certificate of stock for the number of
shares so deposited.

FLOATINO DEBT.
creditors of the company, holding debts of whatever
cla.s8, on transferring the same and evidences thereof to the
Eeorganization Committee, and depositing the same in the
Trust Company, will receive a certificate which, upon the comgletion of the reorganization under said plan, will entitle such
older to fifty per cent of the amount of said debt in the new
second mortgage income bonds at par.
The cash realized under this plan, amounting to about
1330,000, after payment reorganization expenses, will be used
in reconstructing present railway so as to put it in proper
working order and providing for its full equipment. When the
securities under this plan have been deposited, a contract will
be made with substantial parties to complete the road, making
a direct connection with the mineral fields of the State of
Alabama and the trunk lines of the north.
For this construction there will be issued: First mortgage
bonds. $15,000 per mile; income bonds, |15,000 per mile; stocK,
$20,000 per mile.
The railroad will soon be sold under foreclosure. To save
such disastrous result it is therefore important to the interests
of all holders of each class of securities and indebtedness to
immediately unite under this plan for their mutual advantage
and protection. Holders of securities and creditors must deJosit their securities and debts under this plan on or before
aly 1st, 1881, or the railroad will be sold under the foreclosure
proceedings now pending. In the event that at least 90 per
cent of bonds, stock and debts are not deposited with the
Farmers' Loan and Trust Company on or before July 1st, 1881,
the bonds, stock and debts then deposited can unite in the purchase of the property at said foreclosure sale for their own

The

benefit.

New York Lackawanna & Western.— A

$12,000,000, forty-

637

sent to Paris for ratification, and the members of the American
committee were unwilling to make public it« terms. The
Times says: "The general terms, according to a Htatament
made by Mr. Park yesterday, were that Mr. Park and his associates were to receive $250 per share for the stock held by them,
the cash in the trea.sury and all bills receivable to be retained
in the interest of the shareholders.
The assets thus excepted
amounted to about 45 per cent of the capital stock, 80
that the actual price demanded was $295 per share. The
amount was to be paid by the canal cc>mpany in six instalments, as follows: $4,000,000 on July 1, when the arrangement was to fake effect, and the rest in five annaal
sums, each drawing interest at 6 per cent from the dat« of
the ratification of tne agreement ana the payment of the first
$4,000,000. But the canal company reserves the privilege of
paying the whole amount at any date within eighteen montliM
after July 1, or before January 1, 1883, providea three months'
notice of such intention shall be given in advance. But unless
this provision is carried into effect within the period specified,
the payments are to be made annually, and until the last payment is made the present stockholders of the railroad are to
retain control of the board of directors by an acting majority.
By this arrangement, at the expiration of five years the
canal company, by acquiring a majority of the stock, wlH
enter into possession of the road. Mr. Park said yesterday
that he had felt bound to protect other shareholders than those
associated with hira, and had consequently stipulated that any
holder of shares should receive the same amount per share
that he and his associates received, by signifying his intention
to sell within three months after July 1, 1881, and notices to
that effect would of course be transmitted to all such persons.
But in case of failure to receive such notice, any stockholder might take advantage of the terras of any date within
the five years specified, by making oath that no such notice
had been received by him until after the expiration of the three
months named in the contract. The bonded debt of the company ($:3,989,000), secured by mortgage on the road, and
$1,000,000 of iildebtedness, secured by the steamboat property
belonging to the corporation, are not to be affected by
the sale."

Pennsylvania Company.— The board of directors of the
Pennsylvania Company, which operates the lines controlled by
the Pennsylvania Railroad Company west of Pittsburg and
Erie, have elected the following officers: President, George B.
Roberts; First Vice-President, J. N. McCnllough; Second VicePresident, Wm. Thaw; Third Vice-President, Comptroller and
Secretary, Thomas D. Messier. A dividend of 2^ per cent was

mortgage has been placed on the New York
Lackawanna & West. RR., and it is reported that Messrs. Moses declared.
Taylor & Co. have taken a considerable amount of the bonds.
Western Union Tel^raph ^This company has declared a
N. M. Stock Exchange. The Governing Committee has listed quarterly dividend of
1^2 per cent out of the earnings of the
the following securities
quarter ending June 30; The quarterly statement is given
capital
Banking
Company.—
$4,200,000
Georgia Railroad &
below, and also the revised statement for the quarter ending
stock.
March 31. It will be observed that the statement for that
more
of
the
Texas & Pacific Railway Company.—$1,725,000
quarter turns out to be nearly $300,000 less favorable to the
first mortgage 6 per cent gold construction bonds, Nos. 5,001 to
company than first reported. If it must needs be that the esti6,725.
mated quarterly returns cannot be exact, it might be well to
Louisville & Nashville Railroad Company.— $2,000,000 sinkhave them ma^e a little less favorable to the company rather
ing fund 6 per cent bonds.
The
than more favorable than the final result warrants.
Hoaston & Texas Central Railway Company.—$.3,000,000 Tribune compares the figures as in the table below, giving the
general mortgage 6 per cent gold bonds, Nos. 1 to 3,000.
company's revised statement for the quarter ending March 31,
Ohio Southern Railroad Company.—$3,840,000 stock, $1,920,1881, just now published, together with the estimate for the
000 first mortgage bonds and $1,920,000 second mortgage
same quarter published March 9
income bonds.
^£ttimale\rareh9.—. ^Corrected June 8.-^
$1,700,412
$1,660,174
Lidianapolis Decatur and Springfield Railway Company.
Nctproflts
Trust certificates of the Central Trust Company, issued in Deduct interest on bonded
$107,000
$107,000
debt
exchange for the old second mortgage bonds.
stocks and
Construction,
489,693
175,000
pateuts
Ohio Sonthem Railroad. This company, initp statement to
_20fi05
the New York Stock Exchange, says that the company is organ- Sinking lund appropriation ._20^
^^^^^
^^^^
The road runs from
ized under the laws of the State of Ohio.
year, 6 per cent

—

—

:

:

—

the city of Springfield, in the county of Clark, in the State of
Ohio, to the village of Rockwood on the Ohio River. Length of
road completed and in operation Springfield, Ohio, to Coalton,
with extensions and branches now completed, 128 miles ; sidEquipments 13 engines, 2 passenger
ings, about 9 miles.
coaches, 7 baggage, mail, express and caboose cars, 20 box freight
There are also under
cars, 30 platform cars and 250 coal cars.
contract for delivery during the summer months, 6 locomotives,
500 coal cars, 2 passenger coaches, 2 baggage, mail and express
cars ; also, 4,000 tons of steel rails. The company has no floating debt, and has a cash balance in hand of $920,000 for additional equipment, steel rails and other improvements. All prior
The company is
liens have been paid off and canceled.
First mortgage
authorized to issue upon completed road
bonds, $15,000 per mile; second mortgage income bonds, $15,000 per mile; capital stock, $30,000 per mile. The company
has issued first mortgage bonds bearing date May 23, 1881.
pavable June 1, 1921, 1,000 each, interest at 6 per cent, payable June and December, on the 128 miles completed road,
amounting to $1,920,000; second mortgage income bonds, dated
May 23, 1881, payable June 1,1921, $1,000 each, interest not exceeding 6 per cent per annum (when eanied), payable June

l>s p. et.

quarter..

1,200,000

Estimated suH'lus
Add surplus remaining from
quarter ended Doc. 31, '80

$167,174

declared for

$1,083,714
„-„,ww»
1,200,000

$1,367,174

iret for quarter

Deduct dividend
tlio

:

—

:

and December, $1,920,000;

capital stock issued, 38,400 shares,

of $100 each, 13,840,000.

Panama

—

Surplus

def.

$1 10,280

,,o„o»
148,285

$315,459

*$31,990

•This surplus does not Inclndo the cash turned over by the Amoricau
Union Tule'-ruph Company, amounting to $238,000 nor docs it include
tLo new material turned over bj- that company, and whioli cost about
$225,000.
;

The following is the estimated statement of the business ot
the company for the quarter to end June 30, compared with the
actual figures at the end of the quarter that ended June 30,
1880 ; the quarter of 1880, of course, not including the business
of the American Union Company which since has been
absorbed
FOR (JHAKTBR KNDINO
,—>rune 30, 1880.—
Aetuat.

$1,017,466

Netpn>flt8

Deduct interest on bonded
debt
Siukinpfunds
Construction,'

Railroad. The
the Panama Railroad by the De Lesseps Panama Canal Company have been terminated' by the execution of an agreement
by the American committee and ofiicers of the railroad company. This will have to receive the formal ratification of the
canal company, but there is little doubt that the contract made
by the American committee will be approved. The contract is

Actual

.,„„„148.28J

&c

,—June

30, 1881.—
Bttimaled.
$1,836,391

$107,000

$106,891
20,000
594,047

'£?'255

75,000

720.938

202.000

Net earnings for quarter.
Beduot dividend for quarter

$296,528
717,571

$1,. 134,301

Deflcit for quarter
Add surplus of March 31...

$421,013

Surplus, $lal.30l

negotiations for the purcha»se of

Surplus June 30

1.200,000

8'24,288

31.990

$403,245

$466,390

—

I

.

THE (CHRONICLE.

638

Jlie ©anxmerrial Jimes.

COMMERCIAL EPITOME.
Friday Nioht, Jcne 10, 1881.
TVe have had in this section a week of severe storms, and
they have extended over a wide area, doing much damage In
ome localities. The temperature has been low, and frosts
have occurred in elevated positions. These circumstances have
been unfavorable to trade, except so far as they have influenced
speculation; and the extreme activity of the previous fortnight
in several leading staples has not been maintained. Still, there
is a good business in progress, and a cheerful tone pervades
mercantile circles.
The provision market has shown a gradual decline and a
general weakness throughout the past week. The position has
lacked speculative support, and the export movement has been

To-day pork was again quiet at $15 62^@$16 for old
and $16 75 for new mess; July options realized $16 50; June
and Augnst quoted $16 50; September, $16 50@17, bid and asked.
Bacon has ruled nominal at 8%c. for long clear, 9^c. for short
do. and 9c. for half-and-half. Beef has been dull. Beef hams
have declined to |23 50@$24.
Lard was lower on the spot today and irregular for future deliveries; prime Western on the
spot sold at ll-05@ll-10c.; June sold at 11 02?^@ll-05c.; July,
1105@1110c, closing 1107;;6c.; August, ll-02?^!ail-07?^c.,

limited.

closing at lO'OSc; September, 10-90@10-92^c.j October, 10-75c.;
seller year, 10-25@10-30c.; refined to the Continent, ll-15c.

Butter has had a better sale at steadier prices.
Cheese closed
steady at a decline to 8/6@9Mc. for good to choice factory.
Tallow has had a large export call, and is now firm at 6 9-16@
Stearine is quoted at 13@13^c.
6 ll-16c.
Rio coflTee has been quiet but firm at a further advance, fair
cargoes now being quoted at llj^c; mild grades have sold fairly
at firm quotations. Rice has been in pretty good demand and
steady. Refining molasses has advanced to 38c. for 50-degrees
test, and closes firm, with a good demand and a moderate supply ; grocery grades have been in fair demand and firm. Spices
have been quiet. Raw sugar has advanced to 7%@8c. for fair
to good refining on fair transactions; but within a day or two
large receipts by refiners themselves have caused a marked
falUng off in the trade with importers, and the market, though
firm, has been somewhat nominal.
Bhds.

Boxes.
Bags.
Melado.
1.136
4,210
691
1,136
21,150
684
Stock June S, 1881
6,844
973,191
302
Stock June 9, 1880
4,929
959,632
6,953
Refined sugars sold freely early in the
_ week at
_. higher
_.
prices, but have latterly been less a"ctive at some re-action in
values ; crushed is now quoted at lie, powdered at ll>^c. and
granulated at 10%@10Mc.
Kentucky tobacco remains quiet, notwithstanding the recent
award of Regie contracts ; sales for the week, 400 hhds., of
which 220 for export and 180 for home consumption ; lugs are
quoted at 4^@5Mc., and leaf, 6@12c. Seed leaf continues to
show a large demand for the crop of 1880, and sales for the
week are 3,596 sales, as follows 2,610 cases 1880 crop, Pennsylvania, assorted lots, at 15@20c.; 330 cases 1879 crop, Pennsylvania, fine assorted, 21@22^c., and wrappers, 19@42^c.;
456 cases 1879 crop. New England seconds, 10^@12c., and
Housatonic assorted, private terms ; 100 eases 1879 crop. New
England wrappers, 16@20c.; 100 cases sundries, 8@17c.; 500

Eceeipts since June 1,1881
Sales since June 1, 1881

28,941
21,001
61,365
132,451

:

bales Havana, 90c. @fl 20.

Naval stores have been very buoyant, under a strong speculative action.
few days since 1,200 bbls. spirits turpentine
-were taken at 39c.; there remained but 200 bbls. here, and

A

these have smce been taken. There are no offerings here, and
the market is nominally 42^@43c. Rosins have been advanced
to 4!2 bid for strained, and $2 02^ bid for good strained. Petroleum has had an active export call at 8Mc. for refined. Crude
certificates closed steady at 82^c. bid.
Ingot copper has
dechnedto 18@18Mc. for Lake. Lead closed at 4>^o., after
2,a00 tons Richmond had been sold at 4Mc.
American
pig iron firm at $24 for No. 1 and ?22 for No. 2. Scotch pig
iron quiet. Pig tin stronger at 203^c. for straits. Steel rails
-have had a fair trade for 1883, at $56, deliverable at tidewater.

Wool in better sale and steady.
Ocean freight-room has been

fairly taken, and as a rule a
ood, steady tone to rates
has been maintained. The
port is not excessive. To-day grain was taken to
JLiverpool by steam at 3^d. per bushel; flour, lis.
3d. per ton;
bacon, 15s cheese, 25s.; cotton, ll-64@3-16d.; grain
to London by steam, 4% @5d. ; flour, 13s. 9d.; grain to Glasgow
by
steam quoted 4?^d.; flour taken at 18s. 9d.; cheese,
258; grain
to Bristol by steam, 4Md.; do. to HuU
by steam, 4^d.; do. to
Havre by steam, ll?^c.; do. to Antwerp by steam,
Grain
4>id.
to Cork for orders, 4a. 3d.; do. to a Danish
port, 5s. l^d.; do.
to Reval, 4s. 6d.; naphtha to Hull or
Newcastle, 3s. 736d. refined petroleum to an Irish port, 3s.

tonnage

m

;

J5altic. 3s. 9d.,

July

first

4>id.; do. to German
clearance; cases to Levant, 23^c.

yy^Ti

[Vol.

.

COTTON.
Friday, P. M.. June 10, 1881.
Crop, as indicated by our telegrams
is given below.
For the week ending
this evening (June 10), the total receipts have reached 29.432
bales, against 32,642 bales last week, 36,851 bales the previous
week and 42,415 bales three weeks since; making the total
receipts since the 1st of September, 1880, 5,594,474 bales, against
4,781,696 bales for the same period of 1879-80, showing an increase
since September 1, 1880, of 812.773 bales.

The Mo'vemkht op the

from the South to-night,

at—

Receipts

Mon.

Sat.

Galveston
Indianola, &c.
New Orleans...

Tues.

Wed.

FH.

Thurs.

Total.

304

685

282

189

314

24
53

1,798

1,563

1,321

2,340

1,011

1,496

8,290

99

282

101

559
2

128

275

887

1

Mobile
Florida

53

630

490

845

221

520

306

1
3,012

Ciiarleston
Pt. Royal, &c.

349

232

201

196

219

50

1,247

Wilmington

212

1

95

27

47

449
38

Norfolk
CltyPoint,&o.

743

731

1,161

422

580

New York

118
378
500
52

410
335
150
209

1,045

Phlladelp'a, &o.

279
596
300
767

45
104
496

704
44
300
514

67
38
357
320
795
456
200
546

Totals this week

5,842

4,790

6.129

3,300

4,381

4.984

Savannah
Brunsw'k, &c.

Moreli'd C.,&c

Boston
Baltimore

3,994

320
3,351
1,854
1,554
2,584

29.432

For comparison, we give the following table showing the week's
the total since Sept. 1, 1880, and the stocks to-night
and the same items for the corresponding periods of last year.
total receipts,

1880-81.
Receipts

June

1879-80.

Slock.

to

This
Week.

10.

Galveston

Since Sep.
1, 1830.

1,798

Indianola, &o..

53
8,290
887

New Orleans
MohUe
Florida

1

Savannah

3,012

Brunswick, &c.
Charleston
Port Royal, &o.

1,247

Wilmington
M'head City,&c

449
38
3,994

Norfolk
City Point, &c.

320

New York

3,351
1,854
1,551
2,584

Boston
Baltimore
Philadelphia,

Total

&c

This
Week.

Since Sep.
1, 1879.

650,059
15,153

555

,520,120

3,579

378,689
20,358
853,402
4,855
613,323
49,955
116,433
30,165
692.135
208,553
166,805
162,136
44,217
68,116

824

5

5
1,344

1,318

14
19
3,958
1,059
1,326
3,243

169
1,162

29,432 5,594,474

1881.

458,945
7,700

1830.

3tt.689

9,430

,458,907 150,153
349,778 10,231
20,141
5,086
718,486 12,804
3,631
445,561
8,136
30,619
49
75,819
1,964

99,977
11,883
9,260
8,359

1,364
26,884
563,697
9,799 16,513
152,266
195,742 163,642 152,594
211,123 10,495 11,535
16,316
7,039
5,947
46,081
9,289 12,214

18,580 4,781,696 427,284 340,168

In order that comparison may be made with other years, we
give below the totals at leading ports for six sea-sons.
Receipts

at—

Galvest'n,&c.
New Orleans.

1881.

Charl'st'u.ifee

Wilm'gt'n, &o
Norfolk, &c..
All others
Tot.this w'k

Since Sept.

1879.

560

8,290

3,579

Mobile

Savannah

1880.

1,851

1878.

685
933

1877.

1,518
2,146

1876.

480

333

2,.543

3,232

887

824

16.T

806

3.012
1,247

.1,344
1,318

2,068

181
1,052

487

33

705
257
163

453
270

474
107

607
763
731
113

4,314
9,314

5,017
5,905

029
3,010

2,006
1,898

1,179
2,510

1,403
1,233

29,432

18,580

0,612

11,231

8,526

8,414

4781.696 4407.422 4219,715 3 923.562 4037,057
Galveston includes Indianola; Charleston includes" Port Royal, <ke.;
Wilmington Includes Morehead City, &c.; Norfolk includes City Point. &e.
The exports for the week ending this evening reach a tot?
of 52,436 bales, of which 36,137 were to Great Britain, 11,684 to
France and 4,615 to rest of the Continent, while the stocks as
made up this evening are now 427,284 bales. Below are the
exports for the week and since September, 1, 1880.
1. .'>594.47-l

Week Eliding June

From Seitt.

10.

Exported to—

Exports

1,

18S0. to June.lO, 1881.

Exported

—

to

from—
Chrent

Brit'n.

Galveston

New

France

3,605

Orleans.

Conti-

Total

Great

nent.

We^k.

Britain.

1,010

11,1m

2'3-

4,615

20,9*2

Mobile

France

Continent.

Total

297,219 51.12S
831.188 3I1.68B
80,536 24,774

151,268
347.485 1,400,236
7,410
112,729

197.998
198.428
67,146
809.420
3d0,840
102,248
104,010
61,228

289,914

lOS.iil

Florida

Savanaah

675

Cliarlestoa*..

1,611

Wilmington..
Norfolk

S,S2l

New York

8,702

Boston

4,243

Baltimore.
PhUadelp'a,4c
.

Total

.

1.611
3,821
2,051

1,400

652

2.058
'3.178

3,178
8B,13

11,253
4.243

ll,0o4

4,615

S7,S66
61,910
1,444
2,850
35,004

212,809
11,222
7.59
102,215
2
27,613
102

506,77S
473,147
69,812
319,867
495,089
102,250
131,653

01,330

52,436 3,000,269 526,501

,0*9,329 4.216,159

2.401,725 362,601

3,578,188

Total 1879-80 "33,401

•laolades exports from Port Koyal, ftc

I

.

JUNB

„

.

On

1

U
Nono.

20.796

Mwblle
Cnarlcston

I

Bavannnh
HiUve.stim

New York
Other ports

4.439

1.53

32,(104

Nutiii.

None.

],H00

None.

550

350

900

Non<^.

1.278

None.
3.1S1

1,000
13

1,000
14.225

Nono.
Nunc.

250

None.
600

4,150

1.000

tr

117,519
8,4:11
7,2:1 li
1

39,179

1

10

369.105

forward delivery for the week are 416,000
bales. For immediate delivery the total sales foot up this week
4,934 bales, including 1,521 for export, 2,831 for consumption,
in transit. Of the above, 656 bales
5S2 for speculation and
were to arrive. The following are the official quotations and
sales for ?ach day of the past week.
total sales for

i-rf

t—r^

w
f1

1

8 8

t—^

Stricter,!..

8^18
9>4
i)\

Good Ord..
Str.G'dOrd

Low

9%

107m lOfis

Mid'l'jf

^18

im

115,1

11'8
1219
12'8
13=8

Wed

Frl.

^f*

1

713,8
85,8
914

Good Mid.. n=«

11=8

G'd .Mid ll's
Midd'g Fair 1-'5h

ll'fl

Fair

1338

10i:i,(

11%

lllfl

11"16
11^8
1218
12^8
1358

116,8
11-8
1218

Til.

Frl.

12''3

115,8
11^8
1218
12^8

13=8

Wed

99,8
101,8
10I3i„
Ills
115,8
11 ^8
1218
1278
1358

Tl».

713,8
S5i8
9I4

M
M

CO
r

^--00

12=8
'1338

1158
11^8
12=8
1338

II'S
1218
12^8
1358

8TAi;iED.

s«t.

Good Ordinary
Strict Good Ordinary

^

Low

Middling
Middling

lb

'-"0
ooS
ciwO

m

12%

12%

12%

12%

1278
13=8

1278
1358

1278
1358

1278
1358

127,
1358

Mon Tnes Wed Th.
--16
87,8
9' 6

91,6

1038

1038

77,8
87,8

77,8
87,0

oC
1038

9l8
1038

77,0
87,8
91,8
103a

port.

.

.

Mon

.

Quiet and Rteadv
Cjuiet and steady

Tues

.

CJuiet

Wed

.

Fri

.

IQuict
Tliurs Quiet
'

JEx-

.

Total

and firm. ..
and Arm.
and steady
.

Steady

200
22
483
115
221
300
352
162
142
461
673 1.003
2.831

'

The d kily d

diverie^ given

192
90

1

Frt.
77,6
91,8

1038

10^

t— H*

1-1

So
lO*-"

h3

oco

^^
^lO

1

to

S3>

M

tattoo

*.o
10 to

18 «

Ssi
MM
CO
PS

c

1

ra

M
1

228
tox

?!

9i

:

w

it^

1

0,

000
mmo
CSCi

»-ji—

1^

,11

00
s

1

^1

^
1

1

S:

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9i

V,

iS-l

1

1

1

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16-0

•

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M
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^1
CO

1

1

1

®:

1

1

11

1

1

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S:

1

:

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00

^i-t

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h^l~»

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1

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990
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^^^1

oto

«|X

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C9t9

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too

tic

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®w

1

w<-

8;

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1

^

l-*M

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00
MM
99
^t-^

to

too

r*

cil

wto

^^f^ci

MMij

OCo
mmO

toO

e«5
<?9

MMoo

1

®*

1

fsto

1

OOo
mmO
tou
MM
00
MO
MO

1^8

to

00
MO

1-0
@to
•""-to

8

9=0
to MO
MM

00

eiw

1

ei:>

1

to

•n

00
uu

09^0

—

b3

9?
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au

-lO

S

8

1

S£§

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1^8

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88;

18:
:

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t

li

• Includes sales In September for .September, 621.400; Scpt.-Oet. for
Oct., 946,500; Sept.-Nov. tor November, 762.100 8e|>t.-Dee. for Deeember, 1,464,500; Sept.-Jau. for January, 2,588,900; Sept.-Feb. for February 2,372,700; Si'pt.-.March for March. 3,466,100; Scpt.-April for
April, 2,595.800 Sept.-May for May, 2.156,400.
Tranefi^rable Orders— Saturday, 11-00: Monday, 11 -10; Tuesdiky,
;

;

1115; Wedue8day,ll-05; Thursday, 1105; Friday, 11-10.
The following exchanges have been made during the week:
-08 pd. to eioh. 500 July for Aug.
•40 pd. to exch. 200 Oct. for Sept.
-08 jkI. toexch. 1.000 July for Aug.
-12 pd. to exch. 400 June for An(?.
-08 pd. toexch. 400 July for Aug.
.08 pd. to exch. 100 July for Aug.
-03 pd. to exch. 500 Juno tor July.
The Visible Supply op Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figure*
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 (June 10), we add the item of exports
from the United States, including in it the exports of Friday only:
i

Tratir
sil.

_

,

,

Total.

DelivSales.

619 60,700
688 2e,600
524 104.200
629 93,000
688 70.600

eries.

I

|

1,200
1,100

il5
85
300

1,786

60,900

600
900
700
300

582

4,934 416.000

4,800

above ard aotaaUy delivered the day pre

Tleos to that on which thoy are reunrted.

Thr

to to
to

000
-j-jC

s

c;i

SALES.

Con- Specsump. uifn

00

too
u,o
MP—

lb

M
g s

SALES OK Sl'OT AND TRANSIT.

SPOT MARKET
CLOSED.

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1178
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811,0
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9«,8
Btr. G'd Ord 934
9^
9% 101,0
Low Miild'K |10',o 10-!,8 lO'ls ]013,B
8tP. L'w Mid' 1013,8 1013,8 1013i8'lll8
Mtddliii!,'... III18 llha 111,6 115,8
Btr.

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etr.L'w Mid IQl-'hS 101310 lOlSii
Mid(UlnK... lUia Uii« llhe
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l:i%
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7l3l8
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25.4(14

The speculation in cotton for future delivery, daring the week
under review, has been fairly active, but fitful and variable in
tone, and priee.s have been somewhat irregular. The Liverpool
market was clo.sed during the first three days for the Whitsuntide holidays. Saturday was easier, and Monday very, very dull,
but stiffened up at the close, and Tuesday made an important
advance. A considerable "short "interest" became sufHciently
anxious to enter upon active buying to cover contracts; but as
this demand subsided, prices weakened; and on Wednesday,
though Liverpool opened firmer, there was a decline with us of
11@15 point.s, closing, however, at some recovery. Thursday, the
market was variable and unsettled; opening firmer in i-esponse
to Liverpool, then declining, and finally closing irregular, this
crop and September being slightly lower, and the next crop
dearer, on reports of unsettled weather again in the Southwest.
To-day the reports of the Southern Exchanges caused an advance of 9(^11 points, but this was partly lost at the close. Cotton on the spot has been quiet. There were no changes in
quotations down to the close of ye.sterday's business. To-day
there was a disposition to hold for higher prices, and there was
more doing; but middling uplands closed at 11 1-lCo.

10.

Jnno

•«

0)2

lU

159,492
38.129

Inchirted in this amount there are 400 bales at presses for foreign
ports the destination of which we ounnut learn.

Jtine i to

5S^

t.ttal

])&id

(ran

8

!t:

,xoy

*

June

(ran

:l:

i

4.300

2.018

9,420

id

June

iiif

Slocl.:

Total.

None.
9,753
3,500
3.000

8,492

paid

Juno

None.

38,849

Tot.iJ

hi "III

tot
total

paid

Prices

Closine

Wednesday.

o-.-o

:

Balee.

Closing Prices

5

s

Saturday,

Sale*,
8ale«.Thnrsday,

Cloelng Pricea

fc«

7,2

.'JOO

Coastwise.

630

rial-

1
a^ »

ShtpbfMirtl, not oleared-~/or

Other
FYanee.
Foreign

Oreal
Britain.

New Orleans

The

i ??,»

=

Learlng

AT—

10,

1

THE CHRONKXE.

11, 1881]

In addition to above exports, our telegratas to-night also give
as the followini' araonnts of cotton on shipboard, not cleared, at
the porta named. We add similar figures for New York, which
are prepared for oar special use hy Messrs. Carey, Yale &
Lambert, 60 Beaver Street.

JUXE

«M

;

1881.

1880.

1879.

1^78.

904.000
48,400

797,000
51,100

591.otK)

etockatlondon

85S,00«
12,000

Total Great Britain atook
Stockat Havre
Stock at .MarseiUes
Btook at Barcelona

952,400
207,000
4.000
83,000

848,100
87,100
4.310
45.700

628.500

Stookat Liverpool

and Pricks of Futures are shown by the following comprfhensive table. In this statement will be fraud the
daily market, the prices of sales for each month each day, and

bale*.

37,500

Sale.<3

the closing bids, in addition to the daily and total saleS;

{

\_\

|

116,0li0

870.000
230.000

2.250
42.000

6.500
51.500

.

.
.

...

—

:

THE CHRONICLE.

640
1880.
3.000

1879.

1878.

3,000

45,100
21,000
2,430
1,320
15,100

28,.500

9,250

7,000
41.750
66,000
12.250
6,500
13,250

236,150

439,750

1881.

HamDnrg
Stock at Bremen

6.500

bales.

»(e«li at

.30,400

41.800

Stock at Amstordam
BtOOk at Kotwrdam

5..520

780

mock at Antwerp
Block at otlier conti'ntal ports.

10,000

359,700

225,860

Total European stocks.. ..1,312,100

1,073.760
311.000
338,000
24.000
340,016
63.059
7,000

Total continental ports.

India cotton afloat for Europe.
Amer'n cotton afloat for Eur'pe
Bgypt,Brazil,t&c.,attt for E'r'pe
Stock in United States ports ..
BtOCk in U. B. interior ports..
Vntted 8U tes exports to-day .

286,000
375,000
35.000
427,23-1

54,142
8 ,200

33,500
1,250

400

861,650 1,309,750
321.000
183,000
151.000
203,000
10.000
12,000
217.096
223,563
18,071
19,197
500
8,000

Aaiertcan—
Wyjerpool stock
Continental stocks

Europe

for

Dinlted Statesstock
Ulutcd States interior stocks..
United States exports to-day . .

528,000
159,000
338,000
340.016
63,059
7.000

684,000
253,000
375,000
427.284
54,1 42
8,200

456,000
198,000
203,000
225,585
19,197
500

more than

the same week

—

REOEiJTg PROM THB PLANTATIONS. The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, as they are made up more largely one year
than another, at the expen.se of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to freq^uent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantatioas of that part of the crop
which finally reaches the market through the out-ports.
RECEIPTS FROM I'LANTATIONS.

(olio w.-

678,000
377,000
151,000
217.096
18.071
8,000

1,301,626 1,435,075 1,102,262 1,449,167

Total American
JTast ltuiian,Brasit, <ec.—

220,000
48,400
106.700
286,000
35,000

Mverpool stock
iondonstock
OonMnental stocks
India afloat for Europe
Egypt, BrazU, &c., afloat

696.100

&o

Xotal East India,
Xotal American

the same towns have been 2,554 bales
last year.

2,497,728 2,156,835 1,615,912 1,896,917

Total TlsiWe supply

Of tlie aoove, tUe totals of American and otber desorlptiona are as

American afloat

[Vol. XXXII.

269,000
51.100
66,660
311.000
24,000
721,760

150,000
12.000
82.750
183.000
10,000

135.000
37,500
33,150
321.000
12,000
513,6,50

447,750

1,801,626 1,435,075 1,102,262 1,449,167

Week

—

ending

Receipts at the Ports.
1879.

Mar. 25
April

"

93,090 131,463 266,120 277,992
78.514 11B.879 25f,223 288,5;9
85.695 107,005 252.493 249,879
03.579 91,938 238.S5'i 287,401

1879.

1830.

1881.

1879.

1880.

1331.

50,549
30,699

3S.492

34,977
25,148

30,595

84.368
67,101
68,996
54,101
42,177
33,080
35,273
80,51?
25,347
11,074
23,613
4.518

IS.

10,187

3'j.910

23.

33,183

S1.7U 60.713 87,291 220,936 218,800 31,511

29.

22.283

13

19,897

30.858
25.661
24.636

30,

16.873
17.113

20,514

11,1

23.H74

19,081

27

June 3
"

5.3.419

47,393

lar
"
"
"

1881.

54,283
41.851

1.
8.

•'

Stock at Interior Ports Rec^ptsfrom PlanVru,

1880.

10

6.012

37,323

40,496
24,971
19,094

78,902 304.151 204,211
71,540 186,858 193,949

13,951

11,615

14,076
8,18S

49.150
43,415
36,S51
32,642
29.432

59.249 176,15' 173.316

7,600
8.853

14,135
11,812

7,8S2

8,559
11,068

23.7M

47,729
45.535

1J,580

51,429 161.45 158,248
42.198 143,241 132.471
37.570 130,635 123,342
32,429! 1! 5,038! 98.428

6,401
1,471

The above statement shows

1. That the total receipts from the plantations since Sept. 1 in
2.497,726 2,156,335 1,645,912 1,896,917
Total Visible supply
1880-81 were 5,652,830 bales; in 1879-80 were 4,889,433 bales; in
6i3i6d.
7d.
63i6d.
6«it'\i
PrioeMid. Upl.. Uverpooi ....
The above figures indicate an increase in the cotton in sight 1878-79 were 4,434,199 bales.
2. That, although the receipts at the out-ports the past week
to-night of 340,891 bales as compared with the same date of 1880,
an increase of 851,814 bales as compared with 1879 and an in- were 29,432 bales, the actual movement from plantations was
only 4,518 bales, the balance being taken from the stocks at the
arease of 600,809 bales as compared with 1878.
In the preceding visible supply table we have heretofore only interior ports. Last year the receipts from the plantations for
Licluded the interior stocks at the seven original interior towns. the same week were 2,983 bales and for 1879 they were 1,471
As we did not have the record of the new interior towns for the bales.
Weather Reports by Teleoraph. Oar reports to-night by
*our years, we could not make a comparison in any other way.
'Fbut difficulty no longer exists, and we therefore make the fol- telegraph are in general very favorable. In Texas there has
V)wing comparison, which includes the stocks at the nineteen been no rain so that good progress has been made in clearing
towns given weekly in our table of interior stocks instead of only the fields. Elsewhere, with limited exceptions, the conditions
shall continue this double statement for have also been satisfactory.
the old seven towns.
Galveston, Texas. The weather has been warm and dry all
a time, but finally shall simply substitute the nineteen towns for
the past week. Crops generally are good, but there is much
the seven towns in the preceding table
1881.
1880.
1879.
1878.
Amertean^
complaint of grass and scarcity of labor, and some sections
528,000 456,000
678,000
bales 684,000
iitverpool stock
some land planted thrown out from inability to cultivate.
253,000
159.000
198,000
377,000 report
Gontlncntal stocks
151,000 Average thermometer 83, highest 91 and lowest 77.
375,000
338,000
203,000
American afloat to Europe
217,096
427,284 340.016
225,565
United States stock
have had no rain during the pa.st
Indianola, Texas.
98,428
115,038
32,429
29,315 week. Crops are doing well.
Waited States interior stocks..
hear rumors of the appear8,200
7,000
500
8,000
United States exports to.day..
ance of caterpillars, but think them of very little importance.
1,845,912 1,487,054 1,115.494 1,460,411 The thermometer has rangod from 75 to 93, averaging 84.
Total American
Sast Indian, hrazil, <te.
Corsicana, Texas. The weather has been warm and dry all
220,000
269,000
335,000
180,000
Uverpooi stock
is being
48,400
51,100
37,500
12,000 the past week, which is just as desired. Good progress
Iiondonstock
33,150
62,750 made in clearing the fields. Wheat harvest has been resumed.
106,700
86,660
Continental stocks
286,000
311,000
321,000
183,000 Crop prospects are fair. The thermometer has averaged 85,
India ,ifloat for T?urope
24,000
12,000
10,000 ranging from 68 to 96.
35,000
Egypt, Brazil, Ac, afloat
have had no rain during the past week,
Dallas, Texas.
696,100
721,760
543,650
417,750
Total East India, &e.
1,845,912 1,487,054 1,115,494 1,460,411 and we do not want any.
Wheat harvest continues, and other
Total American
The thermometer has
crops promise about an average.
2.542,012 2,208,814 1,659.144 1,908,161
Total visible supply
ranged from 68 to 96, averaging 85.
importe into Continental ports this week have been
Brenham, Texas. The weather has been warm and dry
19,700 bales.
all the past week.
Good progress has been made in clearing the
These figures indicate an increase in the cotton in sight toBlooms are abundant, with a
fields, and prospects are not bad.
night of 333,198 bales as compared with the same date of 1880, an
few boUs. Average thermometer 84; highest 93, lowest 72.
inereane of 882.868 bales as compared with the corresponding
have had no rain during the past week.
Waco, Texas.
date of 1879 and an increase of 633,851 bales as compared with
Good progress is being made in clearing the fields. Farmers
1878.
are busy and in better spirits. The thermometer has averaged
At the Inteeior Ports the movement that is the receipts 85, ranging from 72 to 94.
and shipments for the week, and stocks to-night, and for the
New Orleans, Louisiana. It has rained on three days the
corresponding week of 1880 is set out in detail in the following past week, the rainfall reaching one inch and forty-two hunstatement:
dredths. Average thermometer 81.
'

—

We

—

—We

—

We

—

—We

^^The

—

—We

—

—

—

Week ending June
Beceipts. Shipm'la

Augusta, Ga
Columbus, Ga...

696
203
195
135
110

1,369
1,223

Memphis, Tenn
Hasbvillc, Tenn.

1,977

11,9.50

548

Total, old ports..

Dallas, Texas. .
Jefferson, Tex.*.
Shreveport, La..
Viekuburg, Miss.
Columbus, Miss.
Eiifaula, Ala

Macon, Ga....

..

Montgoin'ry,Ala.
Selma, Ala
.

Qrittin,

Ga

Ctaieinnati, O....

Total,

new

ports

Total, all
•

Sloclc.

Week ending June 11,
Receipts. Shipm'ts

94

263
612
122

'80.

Stock.

til

1,058

1,593

10,342
4,038
4,567
3,292
2,970
22,249
6,684

40
720
284

6,089
1,603

10,087
5,951
1,369
3,945
1,492
32,710
7,505

3,864

17,486

51,142

1,310

9,857

63,039

265

553

2,500

8

30
144
153

39
30
302
389
30
133
102
95
258
327

027
224
500

50

1.50

958

422
200

735
392
242
258

2,910

13

110
13

Atlanta, Ga
Bonie, Ga
Charlotte, N. C.
8t louis, Wo....

10. '81.

147
153
818

14
3,795
176

968
437
1,292

82
29

15
11

218
6,600

110

175
100
1,810

279
200
1,690

890

39
96
275
702

6,-533

5,419

30,819
5.471
51,979

7,642
2,203

768

424
250

6,930
9,796

16,441
11,283

5,136

12,517

23,809

44,286

6,609

13,659

16,381

41,295

98,428

7,919

23,518 115,038

2,182
8,139

700

This year's figures estimated,

The above

totals show that the old interior stocks have decreased during the week 13,')22 bales, and are to-night 8,917
bales less than at the same period last year. The receipts at

—

Shreveport, Louisiana. The weather during the past week
has been fair, dry and hot. Average thermometer 83, highest
99

and lowest

68.

—
—

Vicksburg, Mississippi. Telegram not received.
Columbus, Mississippi. It has rained on three days the
past week, the rainfall reaching one inch and ninety hundredths.
We are having too much rain.
Little Rock, Arkansas. The past week has been clear and
hot, with a light shower on Tuesday night, and a severe storm,
and one of the heaviest rains that has ever fallen here, occurred
The rainfall reached three inches
last night, lasting two hour;?.
and sixty-one hundredths. The thermometer has ranged from
63 to 91, averaging 67.'
Nashville, Tenne.9see. We have had rain on four days the
past week, the rainfall reaching seventy-one hundredths of an
inch.
Average thermometer 74, highest 93 and lowest 55.
Mobile, Alabama. It has been showery on two days the
past week, and the rest of the week has been partially cloudy.
The rainfall reached one inch and eighty-six hundredths. The
crop is developing promisingly. The thermometer has ranged
from 64 to 91, averaging 78.
Montgomery, Alabama.— We have had delightful showers
on three days the past week, with a rainfall of one inch and
eleven hundredths, and the indications are that they extended
over a wide surface. The balance of the week has been cloudy.

—

—

—

The crop is developing promisingly, and the fields are clear of
weeds. The thermometer has avera.ged 77, ranging from 61
;o 91.

J

JUNB

THE CHRONICLE.

11, 1881.

—

Selma, Alabama. It has been showery on two days the past
week, and the rest of the week has been pleasant. The rainfall
reached thirty hundredths of an inch. Average thermometer 79.
Madison, Florida. We have had rain on two days the past
week, bnt not enough to do much good. The days have been
warm, but the nights have been cold. The cotton plant looks
strong and healthy. The thermometer has ranged from 70 to
86, averaging 78.
Macon, Oeorgia. We have had delightful showers on three
days the past week, and the indications are that they extended
over a wide surface, doing much good. We have secured a good
stand of cotton, and the fields are generally clear of weeds. The
crop is developing promisingly. Average thermometer 72.
Columbus, Oeorgia. It" has rained on four days the pa-st
week, the rainfall reaching two inches and sixty-three hundredths. The thermometer has averaged 82, ranging from 70

—

—

—

to 90.

—

Savannah, Georgia. It has rained on two days the past
week, and the rest of the week has been plea-sant. The rainfall
reached forty hundredths of an inch. Reports from the crop
state that the medium early planting is doing well, but that late
planting is doing badly, and that all are generallj; backward,
but clean. The thermometer has averaged
82, ranging
-o
o from 66
to 91.

—

Augusta, Georgia. We had light rain on one day the early
part of the past week, but the latter portion has been clear and
gleasant. Tae rainfall reached sixteen hundredths of an inch,
rop accounts are good. The crop is developing promLsingly.
The thermometer has ranged from 62 to 92, averaging 77.
Charleston, South Carolina. We have had a shower on
one day the past week, with a rainfall of six hundredths of an
inch. Average thermometer 79, highest 92 and lowest 64.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock

—

June

9,

1881,

and June

10, 1880.
Jliiie 9. '81. Ju7ie 10. '80.

New

Feet.

Below high-water mark .
2
Above low-water mark... 16
Above low-water. mark...
3

Orleans

.

Memphis
Nashville

Inch.
8

Feet. Inch.

4
3
10
11

7

6

18

5

3
Bhreveport
Abo ve low-water mark. . 20
12
7
Vlcksbure
Above low- water mark. . 33
25
5
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 16, 1874, which is 6-lOths of a foot above
1871, or 16 feet above low-water mark at that point.
Jute Bctts, Baogisq, &c. Trade has not shown any increase
since our last report, but there is a fair inquiry for jobbing
wants, and this is taking off a quantity of stock. There have
been sales of about 1,000 rolls of various grades, for which fall
figures were paid, and the close is steady, with holders quoting
9%c. for 1% lbs., 10c. for 2 lbs., and 10%@llc. for standard
grades. Butts have not been very active, ard beyond a few
small transactions we hear of no business. Prices continue as
last quoted, and any goods moving are at these rates.
Some
800 bales are reported as placed during the week, and the
market closes at 2 1 l-16@2?4c. for paper quality, and 2J^@3c.
for spinning grades, with some holders asking a shade higher.
Cotton Exchange Acreage Reports. Below are telegraphic
summaries of the acreage and condition reports of the Cotton
Exchanges, made up to June 1. We omit at this time to analyze
them, but shall attempt to do it next week in connection with
the Agricultural Bureau's figures, which will, we suppose, be
issued on the 15th instant.
.
.

—

—

Norfolk Department.
The Norfolk Cotton Exchange, through their Committee on Information
and Statietics, composed of George L. Arps. CliairmaD, R. P. Barrj and
John N. Vaughan, issues the following report, covering the State of
TirninUi and the following Counties in North Carolina: Euthcrfortl,
Lincoln, Catawba, Rowan, Davidson, Iicdcll, Burke, Wilkes, Caldwell,
Alexander, Davie. Forsythe, Yadkin, Stokes, Surrey, Rockingham,
Civswcll, Person, Granville, Warren, Pianklln, Nash, Wake, Hyde, Pitt,
Green, Cartarct, Craven, Beaufort. Tynel, Washington, Martin, Bertie,
Chowan, Piuiciuotank. Camden, Currituck, Gates, Heit;ford, Northampton
and Halifax.

North Carol! aa and Viivlnla-— 79 replies from 34 counties ;
average date May 31.
Twenty-four show the same acreage as last year 55 show an arerage
increase of 13-16 of 1 per cent over tne acreage of last year 37 show less
favorable weather, and 11 the same weather as last year 38 report fair
to good stands, 21 poor to bad, and 10 the same as last year 41 show
;

;

;

;

the crop to be

1 1 daj-8 later than last year, 13 report it 9 days earlier,
about the same time as last year 43 report the condition of the
crop good, li) fair, and 17 poor.
The general tenor of the replies shows that labor has decreased
slightly in numbers, .and is not so etlieieut as of late years. Strenuous
efforts are being made in some sections to induce iiutnigration and thus
offset the depreciation in Labor. An average of 24 replies shows an
increase of 18 per cent in fertilizers over last year, 33 an increase, and
only 11 the same amount used as last year. 9 a decrease in the amount
used. The cold, dry weather in the latter part of May has retarded the
growth of the plant somewhat. Chopping out is delayed by the scarcity
and inefficiency of labor. Reports of worms come from 2 counties, and
a taall-etorm is reported by 2 counties.

and

'J5

641

as last year, and scarce and high from 7. In the use of fortll!zers47
replies indicate an increase from &to 100 per cent ; 7 report not as much
used, giving a total average Increase of 20 per ouut. Several repoHK
complain of the lat« plant^Ml cotton not coming; up, from tbo effiect
tlio
drought, and that some labor has gone West.

M

Sarannah Department.
This report covers Northrm, itUiitlr ami Houlhveitem Oeorgia, (being
of Georgia except the twenty-eight counties In chnrgo of th^ AuguMa
Cotton Exchange) and the entire State of Vtoritta, The n^iKirt U prepare<l and Is.su(m1 by the Savanruih CotUm Exchanges, through their (jommlttee on Infonnation and Statistics, composed of J. H. JutuMtoa.
Clavlus PlUlllps, J. J. Wilder, L. G. Young and
M. Farle/.
Weorgla.—-109 replies from 52 counties.
About 5 per cent more land was planted In cotton this year Ibnn latt.
The stands in the i^arly planting are e.xccptionHlly goiMl, but owing to u
long spell of six weeks of dry weather, much of the late planting to not
yet out of the ground. Early planting was from ten days U> two we«kM
later than last year. I^te Is growing fluely. I^bor Is the same in naaiber and eHlclency, except where drawn off by new railroad entorprtow.
The Increase in tho use of fertlUzora Is estimated at 15 per cent.
Florida.— 25 replies from 15 counties.
The amount of land planted with cotton is about the same tm Iimc
year. The spring was late In opening, since the crop pitched (ho
•weatlier has been favorable. The stands are goo<l, though two weoiu
later than last year. The condition of lhcplantlsg(K>dandisprogre««ing
favorably. But little fertilizers are used In the State. In the fMa
Island section It is cstlmat<!d that there Is .^ per cent more laud planted
this year. The plant Is fully two weeks behind, but It to lu good coudiall

K

tiou

and domg

well.

Angnsta Department
covers the Countie* of Oeorgia not InclinUil in the Savannah ftoport,
and is Issued by the Augusta Cotton Exchange, through Ui«(r Oommittee on Information and Statistics.

—

Georgia. 22 replies from 13 counties.
There is an average increase of about 2'« per c<>nt. Tlie weather wa«
very dry everywhere from about April 20 lo May 28. Kifiwo report*
stjtte it as less favorable, Hve as the satue. .and only twt« as more faverable. Since M.ay 28 rains have been general. The stand.) nro goo4
wherever the cotton came up well, which is generally tho ca«« wltli
early plantings. Of late plantings some had to be, and some woro, replanted. Of these a moderate i>ercentage was not up yet, but oaD <!•
well with favorable weather. Only one report gives the crop ,as earlier,
two as the same and all others as later than last year. The average indioates hftecn day^ latci* than last season. The condition is good and
healthy, though the plant U rather small, being stunted in growth to|f
continued dry weather. Tho fields are clean and free of grass and
weeds. Labor is reported to be fully as good as last year, and in some
sections as even more ctlicient. Nine reports give the iiuaotity of fertilizers used as the same as last year; ten give an Increase ranging from
5 Xo 25 per cent three report a decrease the average inoruase wItt
hardly exceed, even if it reaches, 5 per cent. Owing to continued dry
weather, which badly liakcd all strong clay lands, some planters had'
not quite finished planting at the date of our reports, and owing to Uia
same cause some lands intended for cotton were never planted. Some.
as stated, were replanting where, from lack of moisture, the seed failed
to germinate. The rains, though general sinue May 28, have not been
heavy; while the crop Is undoubtedly later than last year, it is fully up
to average years.
;

;

Hobile Department
covers the State of Alabama as far north as the summit of the Saod'
Mountains, and the following Counties in Hississippi: Wayne. Clark,
Jasper. LaiKlcrdale, Ncwtoii, Kemper, Neshoba, Nel)ab«e. Wiustoo,
Lowndes, Oktibbeha, Clay, Monroe. Chicasaw, It.awamba. Ix«. Pontotoc,
Prentiss, Alcorn and Tisbamingo. The ro^»ort is prcpare<l and i.s.sued by
the Mobile Cotton Exchange, through their Committee on Informatioii
and Statistics, composed of T. K. Irwin, Chairman, Julius Butluer, B.
Haas, G. Thos. Cox and G. L. Hopkins.

—

74 replies, from 44 counties.
last year is reported as follows: Twenty-'
most productive counties average a decreiise ut -IH per cent.
In the 18 less productive counties there is an average increase of SHj per
cent. The weather is reported equally as to more favorable in 36 counties and less favorable in 8. The stands are reported from fair to good
in 37 counties not good in 7. In 18 counties the crop is reported from
10 to 20 days later; in 19 about the same; in 7 from 10 to 15 days
earlier. The coidition is from fair to good throughout the department.
Labor is reported about the s.ame, except lu 11 productive counties, la
which it is reported as less in number and not so efficient. The use of
fertilizers has encrally increased. In some counties cut wonns and defective seed is complained of, the latter having made replanting neces-

Alabama.

The acreage compared with

six of the

;

sary in

many cases.

Mississlp;)!.- 35 replies, from 20 counties.
The acreage is reported as follows In 5 of the most productive coun15 of the less productive counties aa
ties no change on the average
average increase of 4 per cent. The weather is reported more favorable
in 13 counties, C(iually as favorable in 3 and less favorable In 4 counThe stands are i-eported from fair to very good in all but 2 of the
ties.
smaller counties. In 10 counties the crop is reported as from 10 to 15
days later in 10 about the same. The condition is from fair to good itt
13 counties, and poor and grassy in 7. Labor is reported as less In
number, but equally as etlieieut in most counties, and the same as last
year in others. The use oi' fertilizers has largely increased in 8 counties
in which it is used, and in tho other 12 counties it is but little used.
There is some little complaint of cut worms injuring tho stands.
:

;

;

New

Orleans Department

;

Charleston Department
covers the State of South Carolina, and is prepared and issued by the
Charleston Cotton Exchange, through their Committee on Informiitlon
and Statistics, composed of A. Nordeu, Chairman, R. D. Mure, E. Willis,
William Fatman and L. J. Walker.

—

—

South Carolina. 54 replies from
counties.
In 54 replies 4 report a decrease of about
per cent each, while 38
an increase of 8 to 10 per cent, and the remainder the s.ame as host
year as to acreage. Weather less favorable from 27 and 14 report ihe
same as last year the same number more favorable. Thirty-live report
the stands good, 14 not so good and 5 worse than last year. Forty-eight
replies make tlie crop from 4 to 25 days later, averaging 10 days backward. Two replies make the crop 1 days earlier and 4 the same as last
year. From 40 replies the condition is reported good and 14 bad. Labor
by 7 replies U reported good 12 replies not good 28 replies the same
find

;

;

;

covers that part of the State of Mississippi not apportioned to the Memphis and Mobile Cotton Exchanges the entire *'(«/« of Louisiana, and
the Stale of Arlcansas south of the Arkansas River. The reiiort Is propared and issued by the New Orleans Cotton Exchange, through their
Committee on Information and Statistics, comjiosed of Wm. A. Gwyn,
Chairman, Chris. Chaffe, Jr.,W. H. Howcott. W. A. Peale. Chas. Holland
and A. L. Browne.
Lonisiana. 129 replies from 42 parishes ; average date
May 31.
The above parishes report an average decrease in acreage of 7-10 of 1
per cent compared with la.st year. The character of the weather Is reported as less favorable as eoinparcd with last year, owing to complaints
of too much rain. The average date of the crop is about two weeks later.
Seventy-eights correspondents report the stands as good; 51 as bad.
The condition of the crop is good, though grassy, owing to continued
rains. Labor is as efficient as last year. No fertilizers of any conse;

—

quence have been used.
Mississippi.— 135 replies from 33 counties; average date Majr
31.
In the agcrciMte the acreage in sail ctumties rem.ains nominally nnweather was favorable to llio crop until ihc latter portion
<! the month, when there was a geueial complai'it of too niicu rain.
The stands and cinditiona
I ..using some ityury from grats and insects.
There were some few complaints of cutf re generally good but grassy.
wuruis iiijuring the stands in the bottom lands. The cr.ip ayerages tea
c ^lUgud. Tlie

.
.

..

THE CIHRONICLE.

642

There is a sUgUt decrease In labor, but it is
days later tUau last year.
use of Xertilelllcient. There has been a sliRlit increase lu the
upland counties.
Izers, ehielly by -n ay ol experiment In the
Arkansas.— 148 replies from 34 counties; average date May

more

31.

The increase in acreage Is 31-15 percent Bver that of 1880-Sl The
weatlicrhas been less favorable than last year. During tlie month or
to ten days
Mav the stamU were geuerallv wood. The crop is from sevenbeing
grassy
later than last year. The eouditi»u of the crop is not cood,
«Bd in need of work. Labor is etllcient, but scarce. No commercial ferplanting
retarded
overflow
the
County
tilizers were used. In Desha
and curtailed the acreage. Complaints of too much rain aud grass are
imiversal throughout the State.
Galveston Department
covers the Stale of Texas, and was prepared and issued by the Galveston
Cottou K xchange', through their committee on Information aud Statistics,
-composcdof J. I). .Skinner, Chairman, H. Dreier, T. J. MoCarty, J. it.

XXXIL

[Vol.

increase compared with last year in the week's receipts of 3,000
bales, and a deorease in shipments of 2,000 bales, and the
shipments since January 1 show a deai'ease of 72.000 bales.
The movement at Calcutta, Madra.s, Tuticorin, Carwar, &c., for
the same week and years has been as follows.

CARWAR. KANGOON AND KCIIIIACHEB.

0.t.L0UTTA,M\l>KA9,TtiriCOH(N,

Year.

Oreat

Continent.

Britain.

Shipments since January

this week.

Shipments

Total.

Oreat
Britain.

Continent.

163'.6o6

es.obo
78,000
33.000

1.

Total.

1881

3.006
4,000

4.066
9,000
1,000

1880
1879
1878

7.606
13.000
1.000

123.000
16.000

2.31,600

201.000
54.000

.

King aud Chas. Kellner.
Texas. 126 answers from 90 counties.
The above replies show an increase in the acreage planted estimated
at 3 per cent, a,s compared with last year. Fifteen of these replies report
the weather more favorable than last year; 16 report similar weather to
last yiear, aud 93 report the weather less favorable. Ninety-two report
the stands good; 5 fair, and 29 not good. The crop, as reported, will

—

average sixteen days later than last year. Fifty-two replies give the
condition of the croi) as good and 74 as not good, owing to ton much
rain, the crops being grassy and weedy. There is general complaiut of
the scarcity and inelliciency of labor, caused by the hands going to the

No

now in course of construction in this State.
few replies report the appearance of the
tilizers are used.
.'woriu, but not in sutHcient numbers to do any damage.
dilTcrcut railroads

A

fer-

cottou

IW

were inaccuracies

Tear Beginning September

Bept'mb"r
October.

458,-178

Sovemb'r
Decemb'r
January

,006,501
,020,802

.

February.

March

.

.

April

May

1878.

1879.

1880.

333,643
888,492
942,272
956,464
647,140
447,918
261,913
153,025
110,006

968,31-

571,701
572,728
476,532
284,216
190,054

283,848
639,264
779,237
893,664
618,727
566,824
303,955
167,439
84,299

lotalyear 5,549,410 4,748,873 4,392,27

1.

1876.

1877.

1875.

236,86^
675,260
901,392
78t,7G9
500,680
449,686
182,937
100,194
63,939

98,491
573,533
822,493
900,119
689,610
472,054
340,525
197,965
96,314

them as cabled

May 31...

169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593
92,609

4,196,104 3,903,72,% 4,013,875

987^

91-91

96-55

I

96-67

1

1880.

1879.

1878.

1877.

1876.

Tot.MySl 5,549,410 4,748,873 4,392,277 4,196,104 3,903.725 4,013,875
8.
2,269
5,376
2,694
1,351
Juno 1
1,96S
"
"

2....

"
"
"
"
«

4....

3,905
6,351
5,842

3....

5....

S.

4,790
6,129
3,308
4,331
4,984

6....
7....
8....

" 9....
"10....

3,731
3,219
4,569
2,316
8.

5,019
2,691
2,913
2,013

2,002
2,014
1,888
1,044
1,557

833
8.

1,748

934

1,254

8.

2,3i9
2,S9G
1,243
1,701
2,109
1,40]
8.

8.

2,821
2.309
1,812
1,217
1,531
1.186

2,686

2,034
1,579
8.

5,591,474 4,778,098 4,404,345 4,212,571 3,917,236 1,029,297
Total
Peroentag e of total
95-53
96-93
port reo' ?tsJ'ne 10
9903
96-14
9701

This statement shows that the receipts since Sept. 1 up to
to-night are now 816,376 bales more than they were to the same
day of the month in 1880 and 1,190, 129 bales more than they were
to the same day of the month in 1879.
add to the table
the percentages of total port receipts which had been received to
June 10 in each of the years named.

We

—

India Cotton Movement fro-m all Ports. The ligures which
are now collected for us, and forwarded by cable each Friday, of
the shipments from Calcutta, Madras, Tuticorin, Carwar, &e.,
enable us, in connection with our previously-received report from
Bombay, to furnish our readers with a full and compfete India
movement for each week. We tirst give the Bombay statement
for the week and year, bringing the figures down to June 9.
BUMBAr KECEIPTS AND SHIPMENTS FOR FOPR TEAE9.
Shipments

this week.

Year Great Conti[BriVn.

nent.

Total.

Shipments since
Oreat
Britain

Continent.

1881 10,000! 11 .ooo 21.000l217.000i (11.000
1880' :*,00o;i-s.000 20.000|299.000 101.000
1879!25,000i'J.->,()(J0l30.O00 211.00
260.000
1878120,000 l-i.O00!33.0Ool-280.O0i 332,000

According

to

tie foregoing,

.Tit

Receipts.

n. 1.

Total.

62^.000
700.000
477.000
632.000

This
Week.

16,000
43.000
27,000
32,000

Bombay appears

are,

Since
Jan. 1.

932,000
944.000
635,000
761,000

to sliow

au

however, making

follows.

from—
Bombay....

...

Since

1879.

This
week.

Since
Jan. 1.

This
week.

Jan.

Since

This
week.

Jan.

24,000

623,000

26.000
7,000

700.000
231,000

50,000
13,000

477,000
201.000

24,000

628,000

33,000

931,000

63,000

678,000

1,

illotiierp'rts.

Total

INDIA.

1880.

1881.

Shipments
Europe

to all

1.

statement affords a very interesting comparison of the
total movement for the week ending June 9, and for the three
yeai-s up to date, at all India ports.
la.st

—

Alexandria Receipts and Shipments. Through arrangements
we have made with Mes.srs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the receipts
and shipments for the past week and for the coiresponding week
of the previous two years.
Alexandria, Egypt,

June

1379.

1880.

1881.

9.

Eeceipts (cantars*)—
This week
Since S-.-pt. 1

1.500
2.757,500

3.000
1,587,000

2.500
3,203,500

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

1,250 231,000
139,632

1,500 287,500
171,994

168.000
76,500

1.250 373.032

l,.'iOO

4.59,494

241,500

Ebcports (bales)—

To Continent
*

Total Europe
A.oantarls
A.
oantarls 98 lbs.

This statement shows that the receipts for the week endingJane 9 were 1,500 cantars and the shipments to all Europe
were 1.250 bales.

—

Manchester Market. Our report received from Manchester
to-night states that prices for twists have slightly improved, but
Wo
that shirtings are unchanged and that the market is firm.
give the prices of to-day below, and leave previous weeks' prices
for comparison:

2,714
1,110
1,925
1,312
1,528
1,209

8.

We

The above totals for this week show that the movement from
than for the
bales
the i)orts other than Bfimbay is
same week last year. For the whole of India, therefore, the total
shipments this week and since January 1, 1881, and for the corresponding weeks and periods of the two previous years, are as

9577

This statement shows that up to May 31 the receipts at the
ports this year were 800,537 bales more than in 1879-80 and
1,157,133 bales more than at the same time in 1878-79. By adding
to the above totals to May 31 the daily receipts since that time,
w« shall be able to reach an exact comparison of the movement
for the different years.
1881.

to us.

not only to prevent errors, but
also to greatly improve this feature of our report.

Pero'tage of tot. port
receipts

figures, as

new itrrangements, under which we hope

This

Monthly

in

the above table
wo fouud there

weekly

EXPORTS TO EUROPE PROM ALL

Comparative Port Receipts and Daily Ceop Movement.—
A comparison of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the
month. We have consequently added to our other standing
'tables a daily and monthlv statement, that the reader may
coastantly have before him the data for seeing the exact relative
movement for the years named. The movement each month
since September 1 has been as follows:

Xeceipls.

we have omitted from

the past few weeks

I'"or

(Calcutta, Madras, &a.,) this year's

1880.

1881.

Twist.
d.

9

Apr. 8
" 15

a
8^®

9

"

22
29
May 6
"

8»8®
8»8®
8=8®
859®
8=8®
S!H®
S's®

•'13

"
"

20
27

June 3
"

-a

10

Oott'n

8I4 lbs.
Shirtings.

32« Cop.

d.

8.

d.

g'f.

6

9
9

9'8 6
9i% 6
91a 6
9H! 6
O^a 6
9>3 6
91s 6
9I3 6
9'^'S

iliJ.

Vp

d

8.

®8
®8

Iwist.

(Is

d.

d.

d.

Oott'n

8I4 lbs.
Shirtings.

32« Cop.

8.

d.

8.

Mid.
Upldt.
A.

d.

®llia 7 41333 3
11
lOia ®11
6
7 liaas
®8
515i8 I03g®10''8 7
10i£®7 lOia
fill-Ifl 10ie®10% 6
9^ ®10ia 6 9 -a? 9
S'fl
9ia®10i4 6 71337 71a
5>(t
91331014 6 9 ®7 9
S's
51b,„ 9ia®l0i4 6 7ia®7 713
913 ®10l4 6 713*7 713
6116

714

61 1«

5ia®7 81a
51337 81a
5i3®7 8I2
5ia®7 81s
5ia®7 81a
5ia®7 812
5ia®7 81a
5is®7 81s 63c

9ia®10i4 6 71337

7
6IB1,
613,,
6^8
eiiie
613i,

Oiim
6!>8

7ial

6l3ig

The Pollowino are the Receipts of Cotton at New York,
Boston, Philadelphia and Baltimore for the past week, and
since

September

Receipts

New

1.

1880:

from—

This
Sirike
week. Sept. 1.

N. Orl'ans

3,291 1»9,874

Texas
Savannah

516 101,706
2,618 230,982

Mobile

ThU

.Since
week. Sept. 1.

467

. .

Florida
S.Car'lina
N.Car'llna
Virginia..
North, pts
Tonn., &o.
.

Foreign..

4,847
1,634 143,693
736 41,497
1,0211220.410
4,879
3,351 166,803
102
4,089

This year. 13,289
Last year. 12,569
'

Boston.

York.

1,078,783,

t

Baltimore.

This
This
Since
Since
wee*. Sept.l. week. Sept. 1.

3,213

423 23,459

1,140

......

38

504 62.865
3,026 160,384
276 117,331
129
4,273 338,629
i

3.510 406.776

l,02i>,8ia

-a

58,359

266 21,327

....••

•

1

7,220
3,391
26,632
8,205
2,402

Philadelphia.

3,276 37,632

1,052

19,378.
93,01(i

2,-759

132
41,31»

1

3,699 84,305

402

34,4.'>2

5,189 -J34,125
1.429 177.01S

..

Jdkx

.

.

—

»re the same exports reported by telegraph, and published in
the Chkohiclb last Friday. With regard to New York, we

up

include the manifests of all vessels cleared
night of this week:

to

Wednesday

—

Hbw York—To

Total bala.

Giilllii,
Liverpool, per stearaen EjCTPt, 55
Columbia,
51
Oermanlc, 320
Kspubllc, .'>25
St.
2,981
WyomliiK, 500....p<T ship AmyoBO, 3,671
To Hull, per stcaiurr Romauo, .300
To Glasgow, per steamer State of Alabama, 290

To Havre, iHjr steamer St. Laurent, 500
To Bremeu. per steamers Oen'l Werder, 35

Ohio, 400
Seller, 200
To HamburK. per stcaiiior Cimbrla, 50
To Antwerp, per steamer BelKenland, 51
To Baroeloua.por Hteami-r Vilie do Marseilles, 1,000
Ssw ORLEANS—TO Liverpool, per steamers Catalan, 2,700

8,103

300
299
SOO
950
50

Il,7s8
3,902
1,727

To Lisbon, per brig Amilcare, 297
.,
To Genoa, per sUip Dera, 4.1t>2
To Veracruz, per sUiamer Whitney, 581
Mobile— To H.ivre, per bark Joliu Slapard, 2,007
CuABLESTON— To Liverpool, per bark Jlouark, 2,680 Upland and
239 Sea Island

To Cork, for orders, per bark Fromtiden, 1,300 Ui>land
GratltuJe, 628
To Barcelona, per bnes Ana, 610 Upland
Uplaml
8AVAXSAH—To Liverpool, per bark Sarah E. Douglass, 1,4S2 Up-

297
4,162

581
2,007
2,919
1,300

burK, 1,131
Boston—To Liverpool, per steamers Atlas, 1,258
Istrian, 654
....Massachusetts, 104
PHiLADELruiA— To Liverpool, persteamsr Illinois, 500

1,491

,

„

4,447

2,016

500
71,679

Mobile
Charleston

Havre.

Norfolk....
Baltimore..

Boston

Barcelona,

and

Malaga
ana

500

burff.

Reval. Lisbon, Genoa. Cruz.

Total.

1,000
2,024 4,162

11,253
22.457
2,007
5,457
9,064
9,217
8,770
5,938
2.016

3,550

1,238
1,211

2,756

581

..
.

900 2,356 1,360
1,491

500

Total... 39,691 7,309 8,397 4,116 5,473 4,162
531 71,679
Included in the above totals are from New York to Hull, 30O bales to
Glasgow, 299 bales; to Antwerp, 51 bales; and from Charleston to Cork,
for orders, 1,300 bales
;

Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Azov, hark (Xor), Tcnueson, from New Orleans for Riga, grounded May
13, ou Aaiiolt lieef, Denmark, and was assisted off. In the roads
at Elslnore. May 19, she was examined by divers, and w^as found
to have sustained no damage.
Cotton freig-hts the past week have been as follows:
Salur.

itoH.

Tiies.

Wedtmt.

Thurs.

Fri.

liverpool, Btcaui d. Il„®l4 U^^Xi 1V4®'4 'H^-aihi '332®"ia 1332®fjg
Do
sail...!?. 532«73o BjoaiTjo ^32®''32

Havre, steam

Do

c.

sail

Do

.e.

sail

^

Do
'

e.

3ewh

38® I9

38® I3

>a

»8®l2

38® I3

%®lfl

%2a>9M

^

•a
.

"18

6l8

ht

-•>

6l«

'a

^a

....

Bie

616

518

»32®»96< S'iaa'*** »a3*I9„»32®l»0^ »33®19e4

—

Liverpool. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &e., at that port:

May 20.
week

bales.

Of which exporters took
Of which speculators took..
Bales Anuu'ican
Actual export

Forwarded
Total stock— Kstiraated
Of which .\mcrU'an— Estlm'd
Total import of the week

Of which American
Amountathiat
Of which American

68.000
5.500
5,600
53.000
9,000
10,000
983,000
755,000
85,000
68,000
224,000
118.000

May 27.
63,000
4,700
3,900
50,000
5.300
17,500
930,000
707,000
20,300
14,500
239,000
119.000

June

3.

59.(iOO

3,000
6,200
48,000
14,000
8,200

902,000
691,000
43,500
37,500
257.000
145,000

June

10.

37,500

10,000
1.000

10,000
1,000

Futuret.
Barely

Market,
5

p.

DaU

Barely

•t«Ul]r.

M.

•nd

teadr.

easier..

The actual sales of futures at LI verpoot (or the same week are riven
below. These sales are ou the basU of Uplauds, Low Mlddltotc owui
unless otherwise stated.
Baturdat, )
HoNOAT, > Holidays.
TUE8DAT, )

Wedbtmoat.
Delivery.

Delivery.

d.

Nov.-Ueo
July-Aug
OmS'ib Oot.-Nov
6I18 July-Aug

June-July

6is®3ia
U^'ga'sa

July- Aug
Aug.-Sept
Sept.-Oct

d.

S'sS'^aa

d.

Aug.-Sept

6»«j

|

Sept.-Oct

.-il'ia

6732

Delltery.

I

e"*
I

6>e'»Ha

Oct.-Nov
Nov.-De«

6»M

June

63i»
67j,

S^e

TamtaDAT.
June
June-July

6Tj2

Aug.-Sept

G^m

Sopt.-Oot

6»j8
6»j»

July- Aug

6'33® "4

Fridat.

June

e"*
e^jg
6"4

J\ine-July

July-Aug

I

Aug.-Sep»
Sept.-Oct

O^ig
6»e

lOct.-Nov

I

Nov.-Dec

5»jj

June

67s3

511!lBi

BREADSTUFFS.
Fbioat, F. M, June 10, 1881.
low grades of flour, through an increase in
supplies and a falling off in the demand, which was noticed in
our last, has continued throughout the week under review,
while the medium and better grades, though less active, have
ruled comparatively firm. The changes in prices of low grades
has not been very marked, but the tendency has been in favor
of buyers. Eye flour has also shown a downward tendency.
To-day the market was quiet, the storm checking trade; but

The depression

in

variable and unsettled, and yet
have not been wide. Complainta of
drought in winter wheat sections have been followed bj^ reports
of excessive rains. The upper Ohio and its tributaries have
been visited this week by violent storms, which are believed to
have done much injury to wheat nearly ready for harvesting.
To-day the market improved on these accounta, and No. 2 red
winter sold at .?1@$1 2o}^ for July; No. 2 Chicago spring on the
spot sold at |I19;!6@?1 20.
Indian corn has been steadier, but the improvement is not
important. There have been no very active influences at work
yet there is a better feeling, and
to promote an advance
to-day No. 2 mixed sold at 56c. for July. The demand for
white com has materially fallen off, and it no longer brings the
extreme prices of last week. Yellow com is scarce and nominal.
There has been nothing in the weather of the past week to
;

affect the yield of the next crop, except that
needed rains have fallen on the Atlantic coast.
Rye has been quiet, and prices are nominally without
important variation. Barley is entirely nominal, and the

materially

strikes in the breweries limit business in barley malt.

Oats have advanced, but to-day were quiet ; No 2 graded on
the spot were quoted at 48^c. for white and 47?4c. for mixed
and No. 2 mixed were quoted at 46e. for July.
The following are closing quotations:
Flmir.

Orain.

*bbl. $3 00» 3 50
4 25(J 4 50
Winter superltne
4 00* 4 30
Spring superhno
Spring wheat extras.. 4 60 3* 5 00
do XX and XXX... 5 25«> 6 50
Wis. it Minu.rycmix. 5 50a 5 75
Wiuterahlpp'g extras. 4 75 9 5 15
5 25® 6 75
do XX and XXX.
No. 2

Patents
City shipping extras.
Southern, baters' and
family brands
9outh"u ship's extras.

Rye

flour, supertlue..

Westem,&c
Brandy wine,

(fee.

. .

650® 800
00 a 6 25

625® 700
5 35® 5 85
5 50® 5 90

3 003 3 20
3 35 a 3 40

WTheat-.—

Spring
$112 «124
Spring.No. 2
118 al 20
Red winter
115 0131
Red winter. No. 2 1 25^711 26

White

Corn— West, mixed.
WAot. No. 2, new.
Western yellow..
Western white ...
South. yeU'w,new
South. white,uew

Rye
Oats— Mixed
White
Barley— Canada

W

State, l-ixiwed...
Btate, 2-rowed

Peas

—Can'da.b.&f.

116 al26

9 57
» 5611
a 60
a 6
» 62
a 65.
106 ®1 1116 « 48
47 ® 53
a
47
55
57
60
60
«2

....»....
•....
..-..1>....

(From the " Xcw York Proiluce Ezcltatnie Weekly.")
Receipts of flour and grain at We.stem lake and river ports
tor the week ending June 4, 1881

1,700

2,100
28,500
6,800
5,500
904.000
684.000
47.000
25,500
201,000
149,000

The tone of the Liverpool market for spots and futures each day of the
week ending Juue 10, and the dWIy olosiug prices of spot cotton, have
been as follows:

12.000
2,000

n

Com meal—

Compressed.

Bales of the

•a

i

.

....

d.

sail

....

"l6®'s

hi

'i.

saU.-.d.

steam

>4

"82-^16*

....

Amst'd'm, stoam.c.
Baltic,

"32-''^ia* 1-''S2-'16*

....

BaU...(/.

Do

'iRaJa

c.

Hamburg,steam.rf.

Do

>3

»8

'lea's

Ij.

"2*

h>'

c.

Bremen, steam,

i

'i

Sales
Speo.dc exp.

The wheat market has been

500

Phlladolp'a

Market.
5 p.m.

fluctuations in values

Tera

1,000

3.902
2,007

2,919
1.547
4,001
3,770
4.447
2,016

.

Sreme>i

Ham-

Llver-

Savannah
Texas

Steadr.

Steady.

6>e
6»1«

prices ruled quite firm.

form, are as follows:

nottl.

firulai/.

J

900
2,356
1,360
3,770

particulars of these shipnodata, arranged in our usua'

d,l03
N. Orleans. 11.7-8

Ptrm.

I

1,238

1,547
3,550
2,756
1,211
4,601

Wednei. TkurmPy.

Hid. Upl'di
>rdi
Uld.Orl'ns
I'ns

July-Aug

land and 65 Sea Island
To Bremen, per bark H. L. Koutli. S.o.iO Upland
To Reval. per bark Horlof Herlofsen. 2.756 Upland
To Barcelona, per bark Antoincta, 1,211 Upland
Texas— To Liverpool, per ship Ida, 4,601
To Havre, per brig Miletus, 900
To Bremen, per bark Outteuberg, 2,356
To Reval, per bark Ross. 1,300
Norfolk—To Liverpool, per
3.770
Baltimore- To Liverpool, per steamers Carrlbean, 1,183
Caspian, 1,389
Roiismorc, 1,875
To Bremen, per steamers Kronprlnz, F. W., 360
Strass-

Kew York..

Saturday Mondmy. Tuesday.

4m(.
Market,
cet,
12:30 p.x

643

61
1,000

Nasmyth, 4,488.... Yurac Bat. 1.000
TO H.ivro, per ship Swallow, 3,902
To Malaga, per bark C. P. Dixon, 1,727

Total

:

THE CHRONICLE.

11, 1881.]

SHiPPisa NkW3. The exports of cotton from the United
States the past week, as per latest mail retnrns, hare reached
So far as the Southern ports are concerned, these
71,679 bales.

The

..

Flour,
bbls.

At—

(196 lbs.)
Chicago.... . 47,978
Milwaukee... . 85.C97
864
Toledo
5.432
.
Detroit
.
2,1C9
Cleveland
.
27,453
Bt. Louis
640
Peoria

Wheat,
bush.
(60 lbs.)

Com,
bush.
(56 ths.)

Oats,
Barley, Rye,
bush.
bush.
bush,
(32 lbs.) (48 lbs.) (56 lbs.)

402.784 2,260.290 1,470.754 18.383
49.9.50
122.450 25,032
493.120
379,168 461,956
33,522
133,024
655
16,971
35,397
24,851
29,925
56,050 12,500
362,607 752.765 103.269 18.063
7,500
22,950 397,775 263.500

23,756
12,154

82.133
47.181

44.003

3,91S
4.175

Duluth
Total

Same tlmo

'80.

170,233 1,803.504 3,969,632 2,180.992
124.995 1.764.851 5.124.045 1,174,650

.57,446

:

.

:

THE CHRONICLE.

614
Totftl receipts at
sive, for

four years

Wbeat

bush.

Oom

Oata
Barley

Ky6
Total Kraln....

to

Jaae

4, incla-

1880.
2,194,191

18,148,728
40,945,577
17,265,449
3,664,403
758,825

20.610,541
62,919,487
12.601,461
2,374,425
1,009,921

80,782,982

99.545.835

1879.
2,834,456

1878.
2,575,504

25.765.471
38,429,103
11.957, 774
2,250,332
1,369,167

26.606.111
39.658.889
10,!m6,340
2,710,437
1,761,820

79,771.847

81,703.597

Comparative receipts (crop movement) at same ports from
1 to June 4, inclusive for four years:

August
Floor

bblB.

1880-81
7,453,420

1879-80.
5,703,312

1878-79.
5,579,012

1877-785,347,898

Wheat

tMh. 71,345,571

Gala
Barley

101,732,485
38,794,954
11,552.225
3,210,631

78.906.544
103,610,017
26.021,716
10,237,169
3,832,607

81.864,237
78,199.498
27,917,586
9,292,078
4.325.510

70.091.352
74.748.505
23,377,897

Total Krain.... 226,635.866

222,041,053

201.893.909

181,145.688

Csm
aye

9,18i),297

3,73^,637

Comparative shipments of ilour and grain from the same
ports from Dee. 27 to June 4, inclusive, for four years:
bbls.

3,6.53,157

1880.
2,278,393

1879.
2,961,747

1878.
2,562,393

bush.

19.181,431
33,119.471
12,723,986
1,932.661
988,235

19,179,559
45,017.310
9,662,798
1,523,153
850,423

22,875,870
31,393,470
8,714,781
1,922,026
1,205,091

23,915.245
33,167,300
6,733.986
1,490.339
1,420,550

68,245,784

76,833,243

66,111,238

60,727,420

1881.

Flour

Wheat

Oom
Oata

Barley

Bye
Total grain

.

Eail shipments from Western lake and river ports for the

weeks ended

Plonr

Wheat

1881.

1880.

1879.

1878.

Week
Jane 4.

Week
June 5.

Week
June 7.

Week
June 8.

bbls.

85,925

86,198

94,012

65,357

bush.

146,183
711,489
638,433
23,545
19,007

417,604
153,925
668,043 1,828,585
672,274
804,197
29,207
22,400
30,434
35,610

122,130
722,202
293,124
14,687
17,371

3.008,164

1,169,514

Com

Oats
Barley

Kye
Total.

.

1,538,657

1,684,205

Bail and lake shipments from same ports for last four weeks
Weefe

Flour,

Wheat,

ending—
June 4. ..156,193 1,145,781
bolt.

May
May
May

\

23. ..202,469
21. ..174,690
14... 90,181

Tot.,4wks.623,533
4w'ks'80..i)03,465

Ousn.

Corn,

Oata,

biMA.

bush.

Barley,
bush.

Bye,
bush.

2,837.821 910.563
2,747,331 1,076,312
2.374,944 943,603
1.668,638 374,964

23,545 19.007
43,717 38,911
53,802 38,107
27,384 21,733

8,106.085 9,623.737 3,310.447
7,525,832 12,507,176 3,300,367

148,448 117.758
175,489 165,671

2,140,865
2,812,814
2,006,625

supply of grain, comprising the stocks in granary
at the principal points of accumulation at Lake and seaboard

The

visible

ports, and in transit by rail and water, June
follows:
Oats,
Oom,
Wheat,
btuh.
bush.
bush.
In store at—
575,725 428,999
1,434,783
Kew York
520,000 300,000
472,000
Do. afloat (est.)
6,000
21,500
Albany
5,000
314,233
283,381 405,053
BojETalo
3,971,332 2,330,338 2,356,340
(Thlcaeo
47,619
36,637
Milwaukee
2,149,003
1,004,000
5,000
Dulath
78,657
509,917
649,972
Toledo
277,312
12,048
19,195
Detroit
50,000
35,000
Oswego
245,196
734,.593
147,395
Bt. LauIb
23,242
62,215
85,679
Boston
164,846
16,549
Toronto
14,981
65,816
87,168
Montreal
90,000
Philadelphia
442,381
373,005
30,008
140,284 245,062
Feoria
38,700
205,900
83.900
Indianapolis
73,818
69.407
11,145
Kansas City
326,362
1,020,017
Baltimore
335.881
271,576
Down Mississippi.
262,003
834,089 653,133
On rail
On lake.
728,022 1,791,351 272,130
2,414,295 1,226,838
Canal
Tot.

June

4, '81

May 28, '81
May 21, '81
May 14. '81
May 7. '81.,
Juno

5, '80

16,238,025 10,501,456
14,909,921 9,822,828
16,561,830 11,233,009
16,277,622 11,047,188
17,656,198 11,879,961
19,580,257 16,407,750

4, 1881,

was as

Barley,
bush.

Rye,
bush.

29,466
37,000
8,000
13,615
51,866
138,567

82.132
32.000
31,000
1,950
23,436
14,409

;

—

—

but agents continued to make liberal deliveries of these fabrics in
execution of former orders. Overcoatings were in light demand,
but leading makes are well sold up, and prices remain steady.
Cloakings have received a fair share of attention, but the demand was irregular. Kentucky jeans were in better request
(with most relative activity in low and medium grades), and
there were moderate dealings in satinets. Worsted dress goods
ruled quiet, and there was little inquiry for shawls or skirts;

but shirts and drawers, fancy hosiery and knit woolens, were
more freely taken by local and interior jobbers.
FoBEiQN Dey Goods have been quiet with importers as usual
between seasons but a fair distribution of assorted fabrics was
made by jobbers, and prices of the most staple goods are gen-

—

—

erally steady.

Importations of Drr Goods.
The importations of dry goods at this port for the week
ending June 9, 1881 and since January 1, and the same facts
for the corresponding periods of 1880, are as follows:
e

las?

So
e:
*

ill

s;

316
32,000

21,000
5,020

2,796
23,887

598
300

i

o
g;

b;

^

.

Si

:

:

cot-*
vJfcO
-.I

OD

i

»-*

r- O' bO *!

--IO

MM

toceaocncx

I

tOOD-IMOi
iP-cocoocn

tOQPOrf^'-'

MCOtOtO

41,598

^O, CO COM

CO Ui -^ to CO-W

11,421

cO*>>H''<o'o

coco
CO CD

COO

"(535

0> 1^0930
CO to >^ Ot CO

•qOtOMy

^co
23,543

8,209,^53 361.058
4,5sU,330 513,092
3,721,218 737,502
856,326
3,154,761
3.190,602 1,091.775
2,944,805 436,558

19,007
en

M 00 u en

257,506
327,327
267,5.')7

222,909
400,353
301,486

MO

COCO

-J

Oi*Q

'to Oil-'

1^- <-*

(—

OS CO
to to

coo

QUODODIOGO

QCO)
vtza

MMMMkO
CCOitO-JtO
MO
O' to
O W 03 to —

OJM

CO to

coco

«q CO

tP>

COCO

CJlO

I

COM COM

COMOi^Qt)

mS.
o«5

tf>Mcooaco

0S«0M^*Jt0
tffcMC"COM
i(^co^03a>

CJiOcobiw

0:0 to VI cx

^QDCOOCO

Q0P^-H»OS

jUtf^tOptO

CXMOtOCO

Mtolf. oo':o

M CO to 10 O

-

00*^050

QDOCIOCOO

-qtO

I

•^GOtOODCO
OSOMrf^'CD

»u:j<m-jo^
1

'.0 *fc

OJ

o

tocaoDOo)

MW

oacO'jvi

oto^

CnOiP^COCO

Sli
P6,

Qouicoaico

for dry goods has been irregular the past week,

but a very satisfactory business for. the time of year^was reported in some departments of the trade. There was a liberal
movement in staple cotton goods on account of back orders, and
clothing woolens were distributed in like manner to an importamount. Agents representing leading makes of
anl; aggMg»i^
cotton goods also booked a good many orders for the most
staple fabrics, for future delivery, but the current demand for
clothing woolens was not very brisk. There was a freer demand
to the fall trade, as the
for some descriptions of goods adapted

(fr-

O to K) CO 3i

*

en CO to CO to

OIJO

oco

Fbidat, p. M., June 10, 1881.

—

b:
5
g:
•o;

THE DRY GOODS TRADE.
The demand

which there was an increased business in wool flanshirts and drawers, Kentucky jeans and other
heavy fabrics but dress goods, light prints, lawns and other
spring and summer goods were mostly quiet in first hands, as
usual at this stage of the season. The jobbing trade was of
fair average proportions, the order demand having been better
than at the corresponding time of last year.
Domestic Cotton Goods. The exports of domestics froin this
port during the week ending June 7 aggregated 2,462 packages,
of which 1,880 were shipped to China, 315 to United States of
Colombia, 130 to Great Britain, and the remainder in relatively
small parcels to other markets. There was a strong and fairlyactive market for most kinds of plain and colored cottons, but
stocks in first hands are so uniformly light that business was
largely restricted to recording orders for goods to be made.
Cotton flannels were in exceptionally good demand, and
although the usual season for their distribution has not yet
arrived, many leading makes are already under the control of
orders. Print cloths were quieter than of late, but prices were
steadily maintained at 4c. for 64x64s and 3 9-16c. for 56i60s.
Prints, lawns and piques were dull in agents' hands, but fair
sales were reported by jobbers, and ginghams were in steady
request by package buyers and retailers.
Domestic Woolen Goods. The main feature of the woolen
goods market was a brisk demand for wool flannels, in which
a satisfactory business was done by manufacturers' agents at
prices somevriiat below last year's quotations. There was only
a moderate inquiry for fancy cassimeres and worsted coatings,

result of

nels, hosiery,

:

1881.
3,779,290

VbU.

Ftour

same ports from Dec. 27

XXXIl.

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JUNB

THE OHRONK^LE.

11. 1881.1

Financial.

The Brooklyn Trust Co.
Cor.of Hontaftue ACllntonBts.,BrooUrn.N. T.

This Companr Is authorized byflpectal charter to
act aa receiver, trastee, guardian, executor, or admlntiitrutor.
It can act aa aorent in the sale or management of
real eatato, collect Interest or dlvldenda, receive
reffistry and tranHfer books, or make purchase and
sale of tioverninent and other securities.
UcIUlous and charitable Institutions, and persona

nnaccustomod to the
find this

Company a

safe

Alex. McCue,
Marvin. A. A. Low,
E. K. Knowlton. Abm. B. Bayils. Henry K.Sheldon,
H.K. I'lerrepont, Dan'l t'liauncey, John T. Martin,
Alex. M. White, Josiah O. Low, Uiplcv Hopes,
Austin Corbln. Edmund W. Oorlles.

John

H. Rolfe,

Chits.

It.

WM.

BUNKKU.

U.

&

Jesup, Paton

BANKERS,
Street, New

B% WUllam

Secretar/.

Co.,

Willard,

BROADWAY AND

13 NEW
PKIVATE WIIIES TO

rS

STREET

Cumberland,

'SVIndsor Hotel,

Delmonloo'a,
Philadelphia.

Gllser House,

:

For Employees

QVINLIN de CO.
Corrtspondcnts. JOHN T. LESTER & CO.

Chicago

Gwynne & Day,
No. 45 Wall Street

rEstabllsbed 1851.]

Transact a general banklnx and brokerage business In Rallwaj Shares and Bondi and OoTamment
securities.

Interest alloired on deposit*.
InTestments carefully attended to.

30

Guarantee Comply
OP NORTH AMERICA.
ESTABLIgUED

AVTiNO THIS Bvainaaa exclusively.
SHI0.Q99
UOO.OOn

Subscribed capital
Paid-up capital In cosh
Assets
Deposited at Albany In U. 8. Bonds

Aecounts and Agency of Banks, Corporations,
and individuals received apon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations in paying coupons

J.
B.

I>.
11.

Beers, Jr.,

6a« Stocks,

No.

tec.

NEW STREET,

I

Union Bank of London.

NEW

YORK.

Boardman,

Lansdale

GOVERNMENT
all
NKW YORK

Pnrchftse and sell on Commission

KAILKOAD BONDS

and STOCKS, and

PAPER

BRANCH OFriCE

;

No. 661 Fifth Ave., under Hotel Oabome.

37 dc 38.
Orrios, Tsor, N. Y.,
Connected by Private Wire.
ALL securities dealt in at the New York Stock
Exchanffe buueht and sold on commission and carried on a fair marijln.
INTEREST allowed on credit balances.

R. A. Lancaster & Co.,
BANKERS AND BROKERS,
66 BROADWAY, NEW YORK,

&

Sand Brothers

Co.,

BANKERS AND BROKBBS,
S4 ^rall Street, New York.
STOCKS AND BONDS BOUGHT AND SOLD ON

Flret-CIa«« Investment Seenrltles.
GOVERNMENT BONDS, STATK. CITY, COUNTY

John

&

Cisco

J.

Son,

BANKKBS,

No. 39 WALL STREET, NEW YORK.
DEPOSITS BECEIVBD SUBJECT TO CHECK
AT SIGHT, AND INTEREST ALLOWED ON
DAILY BAI.ANCKS.
aOVEHNMKNT BONDS, STOCKS AND ALL
IHVKBTMENT SECUltlTIBS BOUGHT AMD

Smith,

29

BROAD STREET, NEW YORK.

OoTarnmcnt Bonds. Stocks and

all

Inrestment

Vernam & Company,
BANKERS AND BROKERS,
No. 34 Neir Street, Nevr York.
Sell Stocks, Bonds and OoTemment4 as

Buy and

Commission, either for Inyestment or on margin.
Albert H. Veknam.
Edwabd N. Bond.
Member N. Y. Stock ExchanRC.

Simon B org.
NEW YORK,

8 WAIiI,1 STREET,

No.

DEALER

IN

ALL KINDS OF

Railroad and Inrestment Secarities.
SOUTIIKKK SECDSITIES A SPECIALTT.

&

Gilman, Son

Co.,

BANKERS,
CEDAR STREET.

63

RAILROAD & MISCELLANEOUS SBCCKITIHS

In addition to a General Banking Business, buy
and seH Government Bonds and Investment Seonrl.

SOalHERN SECURITIES A SPEVIALII.
LOANS NEGOTIATED,

ties.

Bought and Bold on Commission.
Virginia Tax- Receivable Coupon* Bought.

^

E8TABI.ISHSD

Interest Allowed on Deposits.

GxoROK Stark.

1864.

John

George Stark

COMMISSION.

COMMBRCIAL FAPBB MBOOTIATED.

&

Securities bouvht and sold nn commission.

DEALERS IN

Thko. V. Baku.
Max B. sand, Member N. Y.JohnSickbui,
stock Ezcb.

Mechanic*' Nat. Bank.

BROKERS,

BROADWAY, Rooma

BuANca

and

l-rist.

Breese

STOCK BROKER,
No. 80

lOU.UOO

MerchanU' Nat. Bank.

l-ri'iit.

WV. L. BHEE8E.
WM. P. SMITH.
Members of Mew York Stock Exchange.

No.

N. T.

and sold on
eommlsslon.
Sound raUroad and municipal bonds negotiated.
Sterling exchange bought and sold. Brafta on

Classes of Securities dealt In at the
STOCK BXlHANGB, or all reputable Securities
bouKht and sold in the OPEN MARKKT. LOANS
and COMMKKClAli
negotlrfted. Interest
paid on DEPOSITS, subject to check.

silKlt.tlAN.

iiO.OItO

DIRBCTOlta:

RUIiKKT II. .>IINTt'KN,Meurs.arlnnell,MlD.
<%(.
turn
li. HOPKINS, Vice-President Wabaih St.
LouIk dt I'uciUc Railroad Cumuuny,
JOUN PATON, Messrs. Jesup. I'ston A Co.
W. H. DYCKMAN. Hecr.. 47 Wllllan He.

Investment SecnritAi. All busi-

BROOKLYN SECURITIES, CITY BONDS,

ftnd dividends'; also as transfer agents.
Bonds, stocks and securities bought

V Kit >II1, Y E,

ness connected wttli railways undertaken.

firms

YORK

IfElV

,%

BANKER

sells

00.)

IS^i.

IS TirB OSTLY COMPASY tf/AMBItlCA TnAlTS-

A.

Samuel A. Strang,
PINB STREET, NBW YOBK,

Buys and

CANADA GUARANTEE

(Formerly the

AND COMMISSION MERCHANT,
York.

Trust.

in Positions of

TUB

UNDER CHAROB Ot
L. O.

IMeaiira

OF KUKETVKHIP

BO.\I>N

OBAIN AND PROVISrON DEPARTMENT

and convenient depository

Wm.B. Kendall, Honrr Sanger,

&

Scranton

transiictlttn of business, will

llU'J.KY UOPKS, rresldent.
CUA8. a. MAHVIN. Vlce-Vrea't.
T11U8TKK8:

for money.

Financial.

Ftnanoial.

&

f. Stark.-

Co.,

BANKERS,
No. 33 NASSAU STREET, NEW YORK.
Buy and sell Inrestment Securities for cash or on
commission. A specialty made of Western Farm
Mortgages bearing from 7 to 10 per cent interest.
Will undertake the necotlatlon of loans upon
Western City property in large or small amonnti

Coleman Benedict & Co.
BROAD

No. 24

ST.,

NEW YORK,

STOCKS AND BONDS,
MEMBERS OF THE N. Y STOCK BXCHANOI.
A strictly commtsalon buslneas conducted In the
purchase and sale

stocks and Bonds on Margts

or for Inrestment.
Complete FlnanclsL Report luued

week^

to

oar

correJpondents

I

H.

H.

BROWN.

'BSD. A. BROWN.

Walston H Brown & Bro.
.

BANKERS,
New

I) Pine Street,
BPKClAIi

BROADW^AY,

NEW

SOLO ON COMMISSION.
WALSTON

L. Grant,

No. 14S

YeRK.

CITT RAILROAD STOCKS k BONDS
BOUOHT AND BOLD.

No. 18
Tork.

ISoodtft

Geo. H. Prentiss,
street,

new YORK.

CAS STOCKS

GAS SECURITIES,
AND Ahh KINDS or

BROOKL.YN SECURITIES

58 Broadwajy cor. Exchang:e Place,
TRANSACT A GENERAL BANKING BUSINESS
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MARGIN. BUY AND SELL COMMERCIAL PAPER.

DEALT

D. A. BOODT.

REneiN Leland.

IN.

Box M7.

W MCliSLLAN, JR.
F. G. 8ai;ton8tall.

C.

D. Probst & Co.,
J.
STOCK AND ROND BROKERS,
No.

esa GAS QUOTATIONS U» THIS PAPBB.

A.M.

BANKERS,

P. O.

STREET RAILROAD STOCKS AND BONDS

InTestment Secndttea*
P. O. BOX S,e47.
WATLAND
TRASK. B. J. MOUl
KBDCB.

Bar and

AND

M EXCHANGE

New York.

Transact a General Banking Business, Indadlac
the purchase and sale of STOCKS and BONDS fog
cash or on margin.

ATTBNTION (MVEN TO THB NEGOTIATION OF

17 WAI.Ij

C^

Co.
BANKERS,
TrAI.1, STREET,

See quotations of City Railroads In this paper

RAILROAD SECURITIES.

l*i.

cADecilloiCi^et.

PLACE,

STOCKS, RAILKOAD BONDS,

NBW

YORK.

OOTUINMBNTS AND

MI8CKLLANX0CS SECUBHIIS BOCOBI AND SOLD.

Sell

W.

C.

HILU

Kimball

R.

&

Co.,

J.
BANKERS AND BROKERS,
No. 25 Nassaa Street, New York.

Thirteen Years' Membership In New York Stock
Exchange.
R.J. Kimball, a. B. Locnsbebt, F. S. Ballasd,
Member* of N. Y. Stock Exchange.

J.
No. 7

C. Chew,

WALI^ STREET,

NEW YORK.

TEXAS RAILW^AYS,

BONDS, LANDS, *e.

Desirable Texaa Securities for IiiTeetm«at
tanti y

on band

(MSi

:

;

THE

&

Hatch
BTTT

E.

Foote,
WAtl- STKBKT,

No. 14

BANKERS,

R.

WHITBLT,

TBAVEKS.

Special Partner.

Ofllce,

180

Stocks
All classes nf Railway and Mining

bought

"l?^^°i?eTe?eg'?^hwTre,toPhnadelphlaWl^^^^^
Imorl, WashlRKton, Boston, Bridgeport
ton, Baltimore,

and New

New

llaven.

York,

OFFICE OF THE

A S1»ECIAL.TY.
Cash paid at once for the above Securities or
they will be sold on commission, at seller's option.

John

S,

Kknnedt.

J.

J.

No, 63

Mutual Insurance Co.,

Kkjkbdy Tod.

&

Kennedy

S.

NEW YOKK,

Co.,

MERCHANTS,

WILLIAM STREET,

of its affairs

on the 31st December, 1880
Premiums on Marine Risks from
lat January, 1880, to Slst De»1,232,675 04
cember, 1880
Premiums on Policies not mai'lced
1,495,947 23
off 1st January, 1880

BUT AND SELL

CO.,

RAILROAD IlfTESTMENT SECURITIES;

AND 33 PINE ST., NEW YORK,
CAPITAI. STOCK, - - - »1,000,000

COLLECT COUPONS AND DIVIDENDS
NBGOTIATB LOANS AND DRAWBIXXS OF
EXCHANGE ON LONDON

luTestinent Securities Bought and Sold on

Equipment of KaHroadfs undertaken.

N0S.81

CoinnliBsiou.

All business relating to

COREESPONUENCE SOLICITED.

GRANT

B)BNE8T GKOBgBBCK,

Members N.

Y. Stock

Groesbeck

B. SCHLBT,

Eiohango

&

Schley,

B E O K E B S,

NEW YORK.

WALL, STREET,

13

No

F.

:

Bonds and Stoc*.
Columbus & Toledo Railroad Bonds and Stock.
Ohio & West Virginia Railroad Bonds.
Chicago * Northwest. Railroad con. 7s, due 1815.

Liosses paid

BKOAD

A

N. T. Stock Exchange.

General BnnliiuB Business Transacted.
Securities bought

Hickling
40

i

collateral
^

,

&

Henry

liWESTMENT

Co.,

City, Chicago, Cincinnnti,
Louis, District of Columbia, nud
t.overameut Securities.
I'orii

St,

WALL SyEEET.

H. LATHAM.

K.

W. PERRY.

ANI>

I

BROKER,

A SP ECI ALTY.
Investors or Dealers wishing to buy or sell are
invited to communicate.
State, Municipal and
be^it

Market Rates.

Schulz

&

Ruckgabcr,

BANKERS,
Street. New Xork.
COUKESroNIJEXTS OF THE
Intttrtrntloual Bnntc of Loudon (Ltmlted),
J,oudnu.

23 TillHaui

Hvasrs. John Brrenbcrg, GoHsIcr Jk Co.,

ilnuibilrg.
t/redits. Bills of Ei-tCommerclal and Traveler
change, *' :jbi-.' ransfers.
'

Xlie

Duke

!tlrs.

PEE CENT INTEREST on the ontstand-

ot Argyll,

Black, KIIsb
inulocIi-Craik, Geo.

By

9IaIlock, TV.

to the holders

and

W.

Of

13

order of the Board,

ITIacDonaldj mrs. Olipliant, Jean Ingelovr, Tliomas Hardy, IQ[uttlie\r Ar.

H.

ho paid

A DIVIDEND OF FOBTY PER CENT

William
Thackeray,

$12,608,356 71

declared on the net earned premiums ot the
Company, for the year endinp Slst December,1830, far which certificates will be issued on
and after Tuesday, the Third of May next.

J.

H. CHAPIHAN, Secretary.

Story,

Turgueuiel, Carlyle, Ruskln, Tennyson,

Browning,

eer.ted in the

In 1881. The Living Age entered upon its thirtyelRhtb year, admittedly unrivalled aijd continuK'ffWy maofixine, it gives more
ously successful.

A

double-column octavo pages of reading matter yearIt presents in an inexpensive form, conaiderinjr
great amount of matter, with fresliness, owing
to its weekly issue, and with a satisfactory completeness attempted by no other publication, th^
best Essays, Reviews, Criticisms. Serlul and Short
Stories. Sketches of Travel and Discovery. Poetry,
Sclentillc. IJiographical, Historical

and

Political In-

formation, from the entire body of Foreign Periodical Literature.
It is therefore invaluable to every American
reader, as the only satisfactorily fresh and COMPLETE compilation of an indispensable current
literature,— indispensable because it embraces the
productions of

THE ABLEST LIVING WRITERS
Art.

weekly

postage; or for JIG 50

one of the American

at

18 00 per year, free of

The Living agb

W. H. H. Moore,
Lewis Curtis,
Charles H. Eussell,
James Low,
David Lane,
Gordon W. Bumham,
A. A. Eaven,

John Elliott,
Alexander V. Blake.
Bobi. B.Mintuoi,

Wm.

James G. De Forest,
Samuel Willetts,

Edmund W.

Charles

Sturgis,

Charles D. Leverieh,

Joaiah O. Low
William E. Dodge,
Royal Phelps,
F. Youngs,
A. Hand,
John D. Hewlett,
C.

Charles P. Burdett,
J.

MiirshaH,

George W. Lane,
Edwin D. Morgan,
Eobert L. Stuart,

Adolph Lemoyne,
Benjamin H. Field,

Thomas

II.

Corlies,

.

.

W'UiamBryce,
William H. Fogg,
Peter V. King,
Thomas B. Coddingto*
Horace K. Thurber,
William Degroot,

Henry Collins,
JohnL. Eiker.

D. JONES, President.

and any

$4 Muntblles (or Harper's
will be sent for a year, postpaid

Weekly or Bmnr)
or for f9 50 The Livi.ng Age and the St. Aic/inlas
or Applelon'i Journal, or LippiiicoWs M(mthly. Ad;

LITTELI. &

Horace Gray,

WHliam H. Webb,

branches of Literature, Science, Politics and

"Published

D. Jones,
Charles Dennis,

J.

Littell's Living Age.

In alj

TRUSTKESi

and many others, ate repre'

pages of

ly.
its

for the past 10 Year

Railway B^nds^nd Coupons bom^it and sold at

A.

Froude, Prof. Huxley,
R. .%. Procter, Edw. A.
Freeman, Prof. Tyndall
Dr. W. B. Carpenter,
Prol. Goldwin Smltb,

*

BROAD STREET, KEW YORK.
RAILROAD SIsCUUITlES
al'

JTames

Gladstone,

337,977 37

THE OUTSTANDING CERTIFICATES

THREE AMD A QUARTER THOUSAND

No. 13

(An intimate knowledge of

1,628,921 34

the issue of 1876 will be redeemed and paid to
the holders thereof, or their legal rcpresentar
tives, on and after Tuesday, the First ot February next, from which date all interest thereon
will cease. The certificates to be produced at
the time ot payment and canceled.

than

Fred H. Smith,

BANKER

Ee-

thereof, or their legal representatives, on
after Tuesday, the FUrst ot February next.

iS' The Greatest Living Authors
sncli as Prof. ITIax Mnller, Kigbt Hon. TV. E,

nold, IV.

SECIKITIES,

FOREIGN EXCHANGE.
J.

SIX

Pubilcallons.

at the

Members New York Mining Stock Exchange.
COHRESPOXDESCE SOLICITED.

&

Bills

certiflcates of profits will

,.*

Gilder,

H. Latham

Netes and

Amount

New York,

X. Y. St ocksl on 3 to5 per cent marBuy and
gin. Pr'Tilcges at favorable rates. $50, 100 shares.
If rteh-rcd, we will use our jud;?ment in selecting
Opportunities constantly occurrin*^ for
stocks.
large Drotlts. C:all 'tr write fur information.

52 BROADWAY, ROOM 10.
STOCKS, BONDS AND MISCEI.,l.ANEOr8
SEOUKKTIES
BOUGHT AND SOLD ON COMMISSION.

2

Co.,

48 Exchange Place,

W. HOWABD GiLDXB

CHARLEa SETON HESHy.

Bank and

Stock, aty.

CashinBank

sell all

Ijeposlts received subject to check at sight.
4 per cent inlerest allowed on all daily balances.
Orders executed at London. San Francisco, Boston, Philiidelphla and lisltimore Erchanges.
P.F.-MyNew York Weekly Kinnncial Report 1»
mailed tree of charge on apDlfoation,

New

&

viz.:

$8,983,558 00
other Stocks
Loans seaured by Stoclcs and
1,187,900 00
otherwise
Real Estate and Claims due the
470,000 00
Company, estimated at

D. A. EASTOV,
BOODY, IVIcL,EL.l.AN Ac CO., Banliers,
Premium
No 58 BROADWAT, NEW YORK.

.

Advances made on approved
market rate.
... ,_

J.

York

and sold on commission lor cash

or on margin.

$873,113 96

The Company has the following assets,
United States and State of New

ceivable

OK, 'iJ WAl.l. STttEETS.
NEW YORK,

JMCTnJwr 0/ Oit

$2,071,238 98

Returns of Premiums and expenses

Missouri Pacific Railroad 3d Mortgage Bonds.
Atchison Colorado & Pacifln Railroad Bonds.
Cincinnati Municipal Bonds.
County and City Bonds of Ohio, Indiana, Illinois,
Iowa, Michigan and Wisconsin,
Dallas City, Texas. Bonds.
Houston, Texas. Defaulting Market Bonds.
Long Island City. N. Y., Assessment Certlflcatea.
Oregon Improvement Bonds and Stock.

BANKEE AND BEOKEE,
No. 5

the same

dtirlng

pcnoo.

Witli

E. Trowbridge,

$5,728,622 27

....

Premiums marlied off from 1st
January, 1880 to Slst Decem$4,141,087 80
ber, 1880

the Construction and

1!VA1«TED

Premiums

Total Marino

Scioto Valley Railroad

Joseph p. Hale, President.
GEO. MoonE. Vice-President.
John W. Dkfobd, 2d Vice-President.
Geo. W. Deuevoxsk. Seey and Treas.

January 25, 1881.

The Tmstees, in conformity to the Charter of
the Company, submit the following Statement

yvw Vork.

New Englaud & Western

INVESTMENT

ATLANTIC

Stocks

Insurance

;

Prince & Whitely,
XOBK,
No 64 BHOABWAY, NEW
Fifth Avenue).
(Branch

7

CaUOER OAKUtl

H

,

FINE STREET.
Dealings in

LANEOUS SKCnUTTIKS.

W

Bailey

S.

AH1> BSLL

GOVBRNMBNT BONDS. STOCKS AND MISCKI^
J. D. PBINCB, JA8.

Insurance.

Financial.

Financial.

XXXn:

Vol.

(JHLIONICLE

CO., Boston.

CEAELES DENNIS, Vice-President.
W, H, H. MOOKE, 2d Vice-President.
A. A. BAVEN, 3d Vloe-President.

June U,

THE CHRONK^LE

1881.|

Insurance.

Coinniorcial Cards.

HOME

&

OF NEW YORK,

OFFICE, 119 BROADWAY.
FUty-FUtb Semi-annnal Statement,

CASH CAPITAL

1 ,9:)

NetSurpluB

l,e39,24S 98

00

289,!)80

l(i

$6.8(!0,505 14

Cash Assets

SOmnARV OF

1 ,'Z7',i

ASSKTS

the United States, iiviillablo for the PAYMENT of LOSSKS by KIKK und for the nroteotiunof Policy-Holilersof KIUE INSUKANCM:
Casliin liiinks
1256,1 IB 07
Bonds iuid iuurt(.'iiRo9, bcinK rtrs* lien on
1 ,8fl1 .808 00
real est lite (wortli l,2a«.060)
!i,5Sl.onn 00
Cnlted States stocks (uiiirket value)
Bankarul railri)adstocks(market value) 4(J7.4-ld 60
IV'^SW 00
State und municipal b'ds (market value)
LoHns on stocks, parable on demand
32^.(W0 63
(market value »r.(U1.3»9 00)
5».(W)9 68
Intitest rtueon 1st January, 1881 ..
118.085 15
Balance in hands of areata

And

OHAS. J. MAKT'IN, Prenldenl.
J. H. 'n'ASHBVRN, Secretary.

Commcrctal

Wright,

Bliss

COTTON BROKER,
Rnltre tttentlon riven to pnrebiie of COTTON
for SriNNKUM aud KXPOKTElia

OUDKU

kln^s of

COSEgsrONUKJICII SOI-IOITBO.

CANVAS, FELTING DUCK, CAR
COVERING, BAGGING. RAVENS DUCK, SAIL
TWINES, &C., "ONTARIO" S1CAMLK8S
BAGS, 'AWNING STRIPES."

Uonrr Uenll H Co., CommlnloD MorobaaU NiV
York; William B. Uu»A Co., I'ropr:. ^ora COM»>.

Widths und Colors, always In stock.
100 Pnane Ktreet.

full supply, all

No.

C^tefi

U. Warc.

UTUALLI
F.S.WINSTON, PRCSIDENSSUES EVERr APPROVED DESCRIPTION
ilFE AND
POIICIE!
)N TERMS AS FAVORABLE AS THOSE 01
ANY OTHER COMPANY.

ENDOWMENT

ORGANIZED APRIL

or the purchase or sale of contracts for future de*
livery of cotton.

made on 000

Liberal advances

-

• Ignmente.

WU. MUHK. U. W.UAMKU ANN.

FiSOBIB

CI.E11KM8

12'."

1842.

NKW
:)HRS

OOLS MEDAZ.,

1

A. L. Leman

/lia

throughout the

^

Joseph Oillott

icorld,

& Sons.

New Tork,

No

Steainsliips.

Entire attention paid to purchase and shipment of
Cotton on order for ripinners and Exporters.
Correspondence
Best of references furnished.

ONLY

80lleite>l.

Direct Line to France.

GENERAL TRANSATLANTIC CO.
Bro.,
BETWEEN NEW VOitK AND HAVRE.
From Pier (new) No. 42 North River.
Foot of Morton Street.
Travelers by this line avoid both transit by EnpH^h Railway and the discomforts of crossing the
Cliniinellnasmallboat.
,. „ . „
„, ^ June
,
Wed..
15. 8 A. M.
AMKRIQUE, Santelll
Wed., June 22. 2 P.M.
FRANCE, Trudelle
Wed.. June 29, 7:30 A.M.
CANADA, Franucui
PliU:;E OF PASSAGE. (IncludinK wine;
To Havre— First cibln. tlOO and f 80 second
cabin. $00. Steeratfe *2H, Including wine, bedding
and utensils. Return tickets at very reduced rates.
Checks drawn ot CrediL Lyonnais of I'ans In

BCREKA"
'

Orient."

Virginia

Fertilizing Co.
OFFER THEIR STANDARD BRANDS

amounts to

suit.

FOU MARSEILLES,

Special attention given to the execntlon of orders
for the pureiiaae or sale of Contracts for Fntnre
delivery.

Cotton Factors,

VICKSBCRG, MIKS.
Orders to Purchase Cotton In otr marltpt«n!lcito<
Refer to Messrs WOOUWARIi \ >TILI,J1AN

Rates of Passage— F.rst cabin, $100; steerage, $32.
Through bills of lading issued to Mediterranean
Ports. Including Barcelona. Algeria. Tunis, Genoa,
Leghorn. NaiJies, Messina; also, for Trieste and

COMMISSION ME H CHANTS

York.

John F. Wheless

liOUIS

DE BEBIAN,
Cotton.

HENRY
Ohio, conducts

all classes of cases aRainst indivand otlier corporations in both State
U. S. Courts. Kelers to C. Aultman, Canton. O.;
Isaac Ilarter & Sons, Canton, O,; Kountzo Bros.
Kew York Ex-Chief Justice Agnew, Beaver, Pa.

W

C. WATTS. DATID HASWEI.L. CHAS. W. WATM

THOMAS

Chronicle Volumes

WANTED.
Volume 1, 1865; Volume 10. 1870; Volumes 12 an'.
18, 1871
Volume 17, 1873; and succeedinK Volume?
down to 1880. Appiy at PubUcaHon Office, 79 & 8i

SLAUOHTEH,

a« STONE STREET,

Special.

&

Co.,

NEW YORK.

NASnVlLLE, TENNES.'JEE.
.

THE BROWiW
Cotton Gin Company,
NE\r LONDON, CONN.,
Gins, Gin Feeders and
Condensers.

Brown Cotton

AND COMMISSION MERCHANTS,
Watts. Haswell & Co. will make advances on Cot.
ton and other Produce consigned to them, or to
the exe
C. Watts k Co. Special attention given to
cntlon of orders for the purchase or sale of Cotton

W

n Liverpool

for future delivery, etc.

W.

;

19

C.

WATTS

dfc

CO.,

BBOWH'8 BUILDING, UYBBPOOL.

Con*.

epoBdence solicited.
....
„
« .
RariEKiicis.-Thlrd and Fourth National Banks
and Proprietors o' Taat "K'lNnn.a

UANtirAOTUlUBM OF THB CKLEBRATID

COTTON FACTORS

iduals, railroads

;

J.

Watts, Has well

Co.,

Special attention given to Spinners' orders.

No. 6 Bowlinn Green.

ORIKNT COMPLETE MANURE,"

mnd

Aiccnt,

&

COTTON

VILLE DB MARSEILLKS, Cahour

And want a Kood

W. HAKTER, ATTORNEY. Canton,

Campbell,

New

AND

Riclmiond, Va.

&

Parisot

Constantinople.

\V. G. CUENSUA1¥, PresU,
CRBTiSHAW WAREHOUSB,

Foulke,

TorcniNO at Gibraltar and Barcelona.
The following steamers will leave New York direct
for Gibraltar and Marseilles, taking freight and
passengers:
June 22
...•
PICAUDIB

Ammosiated Bone Sui-erbuosphate or Ume,
worttinn atfent in every thrlvlnR
cotton, tobacco, ffrain and truck growing county.
Ap'^ly (with reference) to

&

Bennet

C09I9IISSION nERCIIAlVTS,
121 PEARL STREET,
NBW YORK.

I

;

•

Co.,

CO'rXON BROKERS,
160 SECOND STREET

:

Wobk:s at Orient. L. I., and
RlCH.\IOND, Va.

&

.lUSB.

MACON, GEORGIA.

Mills,

mii'n'ARD's iiki.ix needles
400 BROADWAY, NEW YORK.

MERIDIAN,

MOBILE, ALA.

303-404- 70-35 -332,
and
other itylea may be had o/all dtalva

Ellcrtou NewSllils,
Atlantic Cotton ITIllIs,
Saratoga Victory in fg. Co., ocean Mllla,

&

PABIS, 1878.

1

Co.,

COTl'ON BUYERS,

His Celtbrattd yumbers,

AGKNTS FOR
Wasbliiston mUln, Cblcopee inre. Co.
Itiirllu^toii tToolen Co.,

AXD
Hosiery, Shirts and Dranrera
From Various Mills.
boston,
new york,
15 Chaoncky Streit
43 & 45 White Stkekt,
PHILADELPHIA.
J. W. DAYTON, 246 CHESTNUT STREET.

&

Hughes, Carter

dc, tor Export Trade.

OB.

FOR FUTURE CONTRACRS.

&0.'

WUite Goods and Hosiery,

George A. Clark

YORK.

Special attention given to the execution of

E.R.Mudge,Sawyer&Co

'<

York.

Mohr, Hanemann & Co.,
COTTOK BROUr^RS,
»SHMnoyER$80tOOO,O0C
Fabyan,
123 PEARI. STREKT,

&

&

New

special attenUc n paid to the execution of orders

lINSURANCECOMIi
OF NEW YORK,

Card!).

FEINTS, DENIMS, TICKS, DUCKS,

The Atlantic

Schroeder,

Ill Pearl Street,

AND SHEETINGS,

Pea body

No«

COTTON COMMISSION MEKCHANT8.

BttOWN AND BLEACHED SHIRTINGS

Drills, Sheetings,

otl>i>r

QILLIAT SCUROCDKB

Ware &

New York, Boston, Philadelphia,
SELLING AGENTS FOR LEADING BRANDS

Ton'els, Quilts,

ui:d

Yoik Honsm.

UNITED STATES BUNTING CO.'MPANT. UKNur
A

UeorM.

References :— NalloBSI Bsnlc of Aamuta,

ClAL ANO FlKAMClJLL CUKO;4li:Lk.

Also, Agents

51.052 SI

»0,8«0,B06 14

Total

all

Felix Alexander,

AVOVSTA, OEORGIA.

COTTON

In

lical estate

Co.,

COTTON SAILDUCK

$3,000,000 00

Resen'e for Unearned Premiums
Ecserve for Uupniil Losses

Wm.

Manufacturers and Dealers In

8UOWINO THK

CONDITION OF THE COMPAN V ON THE FIRST
DAV OF JANUARY, 1881.

Cotton.

Turner

Brinckerhoff,

Insurance Company

Held

Tli

OO TTON
UlRAM POOL.

Pool

GrN-*

FOR EXPORT.

BARTLETT

&

8.

JOHSSTOJJ.

Johnston,

COTTON COMMISSION MERCHANTS,
YORK,
83

STONE STREET. NEW
Orders executed at Cotsolicited
In N. Y New Orleans and Liverpool

ronslsnments
ton ExchSges

.,

THE CHKONICLE.

nu

OHAS.

Stillman,

POST BUILDING,"
0«r, Bxcbanse Place, Hanoyer & BeaTer Ste.
[RXAB Oy QCSTOM HOUSK],

NKW

YOKK.

INMAN,SWANN&Co
COTTON
COMMISSION MERCHANTS,

New

101 Pearl Street,

LIBERAL ADVANCES MADE.
Special attention given to orders for the purchase
and sale of Contracts for Future Delivery of Cotton,

LOANS MADE ON

SOIJTHERK SECITRITIES.

(Snccessors to B.

M.

WATERS &

CO.)

NeKPOLK, VA.

Dancy,

AND

COTTON COMMISSION MERCHANTS,
18 Wllllain Street, New York.
DTTBSTMENT SECURITIES BOUGHT AND
SOLD FOB A COMMISSION.

KBE DE

I.A

&

Co.,

W. &

H.

H.

OF HARTFORD.
saae

Farley,

J.
COTTON FACTORS,
COMMISSION MERCHANTS.
133 Pearl

O Box

.

Gwynn & Co.

purchase and sale

OF

&

Geo. Brennecke

Co.,

FUTDBE CONTBACrS A 8PECIALTT.

Geo.H.McFadden & Bro
131 Ckeatnnt

NEW YORK

POST BDIUDING.

JOHN

COTTON FACTORS
AND COMMISSiON MERCHANTS,

18 Exchanse Place,

H. CLISBY

&

CO,

COTTON BUYERS,
MONTGOMERY, ALA.

Phlladelpbla.

St.,

COMMISSION MERCHANTS,
17 Water Street, LIVERPOOL.,

i

LONDON AND EDINBURGH.

ooinmssioN merchants,
40

53

J. J.

ASTOR,

E.

S.

&

P. Billups

J.

Co.,

MANAGERS,
•fle« 64 urilllam St.,

COMMISSION MERCHANTS
&

18 Excbange Place,
Noa. 16
NEW YORK.
POST BUILDING,
Bpeolal attention given te the Purchase and Sale
•t Contracts for future delivery of Cotton.

COTTON,
28

&

Tileston
Sr04!KS,

L

WlliblAM STREET,

Co.,

BONDS,

NEW

&c.

Union

COTTON COMMISSION MERCHAN^TS
No. 10 Old Slip, New York.

GENERAL

&

ALFRED

Co.,

SoHtb WlUIam

St.,

&

Messrs. JAMES FINI.AY ic CO.,
LIVERPOOL, LONDON AND GLASGOW.
Also execute orders for Merchandise through

]Mis>ccliancou$.

Whiting Paper Co.,
HOI.YOKE,

MUIR &

CO.,

AGENTS

JAMES
4S

D.

STEEL ANB CHARCOAli
IRON Of superior quality
MINING AND
HOISTING PURPOSES

suitable for

Inclined Planes, Transmission of Power, Ac. Also,
IGalvanlred (Charcoal and
BB for Ships' Rigging, Subpension Bridges, Derrick
Guys, Ferry Ropes. Ac. A
large stock constantly oa

Tainter,
OENERAIi COTTON MERCHANT

97 PEARL STREET, NEW YORK.
Futu e nrdsrs executed at N. T. Cotton Excb'ge
'

13S

hand from which any
sired

PEARL SXREET, NEW YORK.

lengths

are

de-

cut

FLAT STEEL AND IBO»
ROPES for Mining pur-

Co.,

COTTOJr BROKERS,

CO.,

tc

Wire Rope.

&

&

WHITMORE

BEBKMAN STREET. NEW YORK.

and Liverpool: also at New Orleans through Messrs.
Samuel H. Buck & Co.

Geo. Copcland

91 ASS.

Bankers' Lcdser and Record Papers.
Machine Hand-Made Papers.
Aiitiaue Pnrchnient Papers.
Plated Papers.
Bund Papers.

CALCUTTA AND BOMBAY.
CONTRACTS FOR FUTURE DELIVERY COTTON bought and sold on commission in New York

Waldron

FELL,

89 Wall Stre^f

New York.

Advances made on Consignments to

L^o.

Rtsident Manager,

Texas,

COMMISSION MERCHANTS,
8

Ins.

(OF LONDON),

9r

AND

YORK.

Orders in " Futures" executed at N.Y.Cotton Bz«h

New York.

CyOmmerda/

Co.,

BANKERS

Messrs. FINI^AY,

COTTON

H.

&

Jemison

Henry Hentz

Newr York.
Orders executed at the Cotton Exchanges in Ken
York and uiverpojl aad advances made on Cotton
nd other produce consigned to ub, or to our correspondents in Liverpool, Messrs. iJ. Newgaas A IX>.
aodMessrs.L. Rosenheim & Sons.

Esq.

CHAS. E. WHITE, SAM. P. BLA6DEN,

BEATER STREET, NEW^ YORK.

MOODT & JEMISON, GalTCSton,

EXCHANGE PLACE,

:

SOLON HTJMPHRBYS. Cli'r'n,(B. D.Horgan ft Co
DAVU) DOWS, Esq. (David Dows & CoO
E. P. PABBRI, Esq. (Drexel, Morgan iSkCo.)
Hon. 8. B. CHITTENDEN.
EZRA WHITE. Esq.

COTTON BROKERS,

,

LEHMAN BRO'S,
Cotton Factors

Co.

Ins.

United States Board of Management,

Becelve consignments of Cotton and other Produce.

New
BABCOCK BKOTHERS & CO..
50 WiLL STEIBT.
LXHXAN, DtTKB A CO
l Wgw.v A BXAHAH & CO.,
Montgomery, Ala.
New Orleans, La.

British

Established (in Tontine Building) 1840.

B.F.BABCOCK&Cd. WALTER & KROHN,
Kepresented in

York.

OF

COTTON BROKERS,
No. 146 Pearl Street, near Wall, N. >

at the Exchanges in Liverpool.
york at the oflice of

New

Mercantile

Tames F.Wenman& Co.,

PtmCHASE ONLT ON OBDIBS, JOB A COMM188*ON

•Dd execute orders

$2,729,271 82
St.,

NSW FORK

New York.

ASD

ic

&

COTTON BROKERS,

COTTON FACTORS

COMMISSION MERCHANTS

North

Neir York.

No. 110 Pearl Street,

16

NETSURPUfB
No. 2 Cortlandt

JAS. A. AI.EXANBER, Acent.

Advances made on Conslgaments.

CONTRACTS FOB FUTUKB DEUVKRY

1,694,801 80
3,000,000 00

Capital

Street,

8,909.

$7,424,073 72

unpaid losses
and re-insurance fund

Uatiilities for

FINANCIAL. AGENTS
P.

Company

Insurance
Asseto January 1,1881

COTTON.

Orders lor Spot Cotton and Futures promptlj exe
eated

Fielding,

and

Special attention glTen to the purchase
of contracts for future delivery.

fipeclal personal attention to the
t '•

COTTON BROKERS,
IIT Pearl Street, neve York.
^

Co.,

AITD

BOP BSE, HAVBE.

Dennis Perkins

Hyman &

COTTON COMMISSION MERCHANTS,
97 Pearl St., New York.

Hoffmann,

COTTON BROKER AND AGENT,
38

iETNA

HYMANS & DANCY,

Co.,

BANKERS

F.

InsurHDce.

_^

&

Graham

Jno. C.

PEARI. STREET,

No. 126

ReceiTe Consignments of Cotton and other prodnce

York.

advances made on ConsiKnmenti.
Special attention paid to the execution of orders
for the porohase »t sale of contracts for futnre

daWvery of cotton.

BABRCTT.

B.

C. F. Hohorst & Co.,
COTTON
COMMISSION MERCHANTS
Ke-w York.

SECI7RITir.
Ijlberal

JOHN

HOHOBST,

r.

Cotton Exchange Building,

eENEEALCOMMISSION MERCHANTS
I.OANS MADE ON ACCEPTABLE

11, 1881.

Cotton.

Cotton.

Cotton.

Woodward &

[JUNB

poses manufactured to or-

JOHN

der.

MASON

43 Broadway,

A:

CO.i

New 'io*.

I