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HUNT'S MERCHANTS’ M A.GAZINE. representing the industrial and commercial interests OF THE UNITED STATES' ~v ~ " - - -- - r- mmm—mm VOL. 26. SATURDAY, JUNE 15, 1878. CONTENTS. surprises Monetary Con¬ gress ....585 • Trade 587 Latest Monetary and Commercial English News £89 Commercial and Miscellaneous News 591 The Latest Failure in Freight Combinations 586 The Fisheries Award Bill 586 The Government and the Sugar THE BANKERS’ GAZETTE. . I Quotations of Stocks and Bonds... 596 Railway Stocks, Gold Market, | Local Securities 597 Foreign Exchange. N. Y. City | Investments, and State, City and Banks, Boston Banks, etc 593 | Corporation Finances 598 THE COMMERCIAL TIMES. Commercial Epitome 601 I Dry Goods 608 Cotton...- 601 607 609 ; Imports and Exports 608 I Prices Current Chronicle. * The Commercial and Financial Chronicle is issued day morning, with the latest news up Satur¬ on to midnight of Friday. TERMS OF SUBSCRIPTION-PAYABLE For One Year, (including postage.... For Six Months Annual subscription Six mos, do IN ADVANCE: $10 20. 6 10. in London (including postage) do £2 6s. 1 7s. ao . . Advertisements. Transient advertisements hut when definite orders are count is made. No promise published at 25 cents per line for each insertion, given for five, or more, insertions, a liberal dis¬ of continuous publication in the best place can he are Sven, asand all Financial advertiserscolumn must 60 have equal Special Notices in anking cen*s per opportunities. line, each insertion. william b. JOHN g. dana, floyd, jp. ) f WILLIAM B. DANA & OO., Publishers, 79 Sc 81 William Street, NEW YORK. Post Office Box 4592. cents. A neat file-cover is furnished at 50 cents; Volumes bound for sobscribers at $1 50. For a complete set of the Commercial postage on the . same , ^ and is 18 ■ Financial Chronicle— 1839 to 1871, inquire July, 1865, to date—or of Hunt’s Merchants’ Magazine, at the office. pif” The Business Department of the Chronicle is represented among Financial Interests in New York City by Mr. Fred. W. Jones. THE INTERNA TIONAL MONETAR Y CONGRESS. It seems that we were week that the invitations right in intimation last sent out by Mr. Evarts for the International Silver Congress would be generally accepted. A telegram was received in Washington this week announcing that France and Italy had replied favorably, and previously Russia, Holland and Greece had given a similar answer. Austro-Hungary will also, it is believed, send representatives. The English Cabinet are reported to be divided in opinion as to the advisa¬ bility of accepting. , There is a strong presumption, however* that before the time and place are agreed upon for the meeting, the consent of England to take part in the proceedings will also have been obtained. We have it on what we think is good authority that the Earl of Beaconsfield is likely to favor the Congress; and we know that the British Premier, who is fond of just such , our good reason certainty. Congress effect, is not easily Mr. Evarts, therefore, has for considering the holding of a Congress a a may It is further believed that the meeting will not be held Berne, as at first proposed, but probably in Paris, or in some other large centre of capital and industry. This Monetary Conference, therefore, may be scarcely second in importance to the Congress which has this week been opened in Berlin. The interests involved in the one are superior to those involved in the other. The welfare of communities, and even of nations, in these later days, is as dependent fipon correct views in the use of the instru¬ ments of commerce as upon the intrigues of the states¬ man or on the caprices of monarchs. And if in the one Congress we have gathered together the august repre¬ sentatives of the greatest of the European Powers, in not the other Subscriptions will he continued until ordered stopped by a written order, or at the publication office. The Publishers cannot be responsible for Remittances unless made by Drafts or Post-Offlce Money Orders. London Office* The London office of the Chronicle is at No. 5 Austin Friars, Old Broad Street, where subscriptions will be taken at the prices above named. w NO. 677. in Money Market, U. S. Securities, Breadstuffs such _■» driven from his purpose. THE CHRONICLE. The International as ■ shall have the most learned in economic science in" consultation with regard to the basis of all we international exchanges. notwithstanding Mr. Evarts’ invitations are being so generally received with favor, we are not over san¬ guine that the conclusion to the deliberations will be acceptable to this country. The rehabilitation of depre¬ ciated silver is much less easy of accomplishment than the rectification of boundaries. In spite, therefore, of I wisdom, integrity and good intentions, it may be found / impossible to do more than merely interchange opinions. We certainly have no hope that it will establish anew the old equivalent or the American equivalent for silver. As we said last week, we shall enter the Congress at a disadvantage. We have placed ourselves in the position of suppliants. We are the inviting party. Our purpose is well known. It certainly would have been much bet¬ ter for us—we should unquestionably have had a greater chance of success—if we had played our part more adroitly and taken our place as the invited party. As it is, we are on the wrong side, and our motives are liable to be suspected. And yet we feel satisfied that this Congress will effect | some practical good. It is not possible but that bene- L ficial results will flow from a free and full interchange of ideas. It is an old saying that the face of a man sharp¬ ened that of his friend; and, brought face to face with each other, freely giving expression to their peculiar experiences, the financial experts of the New World and the financial experts of the Old World may learn much from each other. This itself will be a great gain. Fur¬ ther than that, we have a hope that some acceptable basis may be reached by the Conference for the general But use of the two metals. 586 THE CHRONICLE. THE LATEST FAILURE IN FREIGHT COMBI¬ NATIONS. In March last a compact for the pooling of tonnage east-bound freights was made by the Western rail¬ roads ; this having expired by limitation, a meeting of the managers was, as our readers are aware, held in this on city during the past week for the purpose of continuing, or of modifying it. It is unnecessary either to state or to discuss the details of the expired arrangement. It precedent, having a general resemblance to that of the Pennsylvania coal carriers and to that made last October by the Eastern roads on west-bound freight. As Commissioner Fink was to that, Commis¬ was not without sioner Guilford this; the idea of that compact, wit, an apportionment of its share of tonnage to each road, was the idea of this, and in the arrangement were included rates of freight which, as was hoped, might be maintained. In practice, the apportionment of tonnage has, perhaps, been carried out with tolerable faithfulness, but the compact as to rates has notoriously not been kept, “cutting” having frequently been reported. And now the task of apportioning the tonnage has been was to to unsuccessful and the managers, by their request, were [Von. XXV L is that there is not business enough to employ all the carriers, for if there were all would be busy and satisfied; then arise compacts for putting them on an equality by apportioning to each its share, but this is as futile as to try to make more of a thing by breaking it into a greater number of parts; the share of each is less than it needs, and so it at last prefers to take its chances in trying for all it can get. That there is no real gain to the producer or to the consumer is a fact which might be better understood than it is^ on any large scale it is not possible to profit by others’ misfortunes, and although there is a temporary advantage from low rates, the injurious effects of fluctuations and uncertainty outweigh it. And while railroading is business and not feeling, railroad managers are human and are liable to be swayed by indignation at the bad faith or the greediness of one another, or by the desire to “ get even with ” some com¬ pany or to demonstrate the possession of power. Influ¬ enced in ways like this, competition may become cut-throat, business being done at a loss, out of an unwillingness to yield or a determination to see who can stand hurts the longest. Any retaliatory action is not only directly injurious to the roads engaged in it and indirectly to the general public, but is,— discharged from further consideration of the subject. Under the circumstances, nothing remained but to whether the intention is to drive into bankruptcy adjourn sine diey and the members dispersed, in a mood or not the roads at which it is aimed,—a course really cal¬ of mingled disappointment, obstinacy and culated to ultimately produce a result the disgust. opposite of The difficulty with the committee who what is attempted to desired, and to re act with great force upon the arrange the tonnage was the difficulty with the roads. apparently successful participant. This is because a The aggregate percentages of freight demanded, it is competition as to rates between a solvent road and ^n said, exceeded 100, thus presenting an insuperable mathe¬ insolvent one is a very unequal contest, in which the matical difficulty ; and while each road professed to be disadvantages lie against the former. The solvent road willing to have the compact renewed, it was unwilling works under rigid conditions, because it has its interest to concede anything, so that the arrangement failed on to meet, and therefore it cannot cut its receipts below the very difficulty which nearly frustrated the present a fixed minimum without self-destruction; the insolvent compact of the coal roads. Just what will follow now one, having got past interest-paying, has only its oper¬ remains to be seen. The compact of the Eastern roads ating expenses to look out for, and can afford to be on west-bound freight, as 'indifferent about what rates it accepts; it is patched up, about February 1 financially last, by a simple agreement to submit everything to calloused, while its opponent is still sensitive. A bank¬ Mr. Fink as arbitrator, exists yet, but the pool on east- rupt road, therefore, as Erie has thoroughly shown, is bound freight has broken, and a renewal of the war in the worst competitor and the worst member to manage rates may follow. Two conclusions are plain : one, that in a compact. Obviously, the tendency of railroad war¬ the arrangement now broken wai not satisfactory, for ring is to pull all the participants down to a common it was not kept, and some of the participators in it de¬ level of financial independence, to wit, of bankruptcy; manded more than it allotted them ; the other, that very for it will be found true that in the long run it takes a little value was set upon the compact, for the roads pre¬ receivership road to fight a receivership road. Is not ferred to do the best they can without trammel rather fighting, in the present condition of things, akin to than concede anything for the sake of renewing the fighting while crossing a dangerous ford? Nobody trace. We are not disposed to regret this, however any needs to be reminded that, aside from the disturbing renewal of cut-throat competition may be deprecated ; general effects of further bankruptcies among railroads, for inasmuch as competition is and always must be the we have enough roads already in receiverships, and the rule, in the carrying business as in all other, why not wiser policy is to bear and forbear, live and let live as admit it at once, and let everybody look out for himself well as possible, instead of indulging in a course, on a fair field ? We are quite tired of following and intended or not to have that result, likely to push any recording the movements of a railroad war, which is more roads over the financial edge. always open to the suspicion of being at bottom a huge THE FISHERIES AWARD BILL. stock-jobbing operation, which satisfies nobody, but is an injury all round. There is no sincerity in the suc¬ The questions of the Canadian fisheries and the award cessive compacts; not only are they contrary to busi¬ adjudged by the Halifax Commission still continue to ness principles, but so totally wanting are good faith | command the attention of Congress, and, indeed, of the and trust, that each road breaks them secretly, feeling country at large. The bill recommending that the Sure that if it does not the rest will all the same, and it requisite appropriation be made and placed in thS will thereby be the loser by playing a fair game while President’s hands, to enable him to meet the obligation, the others cheat. So an open war is followed was by a brought up in the Senate on Saturday last, and, truce, the terms of which are professedly but not really having undergone some unimportant modification, was carried out, until the farce becomes too broad, and the read for the third time, and passed without a rollWar is renewed. call. The bill, however, has yet to come before the We have so often discussed the general subject that it House of Representatives; and there is some fear that, may be briefly passed. Of course, the underlying trqubl© notwithstanding the lavishness with which, for soma . ‘ ■' : • ~.> v ^ rrnmJune 15, THE CHRONICLE. 1878] 587 as well as its jurisdiction, and saw no way of escape purposes, money is being voted, the appropriation which from the this particular bill advises and recommends, will be obligation. These opinions, in spite of some grudgingly made, if made at all. In explaining the resolution on Saturday, and in offering his amendment, Mr. Hamlin gave expression to a very general feeling, when he said that there was a possibility—indeed, a probability—that the bill would fail in the House of Representatives. We shall be glad if the result shall show that Mr. Hamlin has overstated the case. The Senate has honored itself by the cjurse which it has taken; and the House will do well to follow the example. When we last called attention to this subject in these columns, we showed that the duty which devolved upon nation, in consequence of this a 1 ard, was plain, and that there was no honorable way by which we could us as a escape from the obligation. By motive of honor, bound to comply every determined opposition, have latterly prevailed in the Senate; and they are the opinions of the great mass of unprejudiced and right-thinking men in the community. There is yet another reason on which it is impossible to lay too much stress. By the Washington treaty and by the Geneva Conference we set the world a noble example. We showed how great and perplexing international questions could be settled without appealing to the sword. If we refuse to abide by the decision of the Halifax Commission, we shall be going back upon that example. We shall be doing worse than even that—we shall be encouraging the sentiment that treaties are sacred only up to the point of convenience. For all these and such like reasons we can see no honorable course for the nation to follow but to pay the award by every high sense of duty, we are with the decision of the Commission, and to pay the within the time appointed. It is therefore the duty of award. If the position in which we find ourselves is a the House of Representatives to place the requisite funds false one, we cannot say it ha3 been forced upon us. It at the disposal of the President. It is not contended that because we are in honor i9 one of our own choosing. We agreed to the terms of the Treaty of Washington. Out of that treaty grew the bound to pay the award, we are, therefore, under obliga¬ Geneva Conference, which, in the form of an award, tions to allow the treaty to run its course. If there is gave us fifteen millions of dollars. Out of that treaty manifest injustice in the treaty arrangements, we ought grew also the Halifax Commission. Article 2 of the not to rest contented until, in a proper and legitimate Washington treaty provides that whatever sum of way, we have called the attention of the British Govern¬ From the dale of signature the money the Commission may award shall be paid by the ment to the matter. United States Government, in a gross sum, within treaty was to be binding for twelve years. Seven years twelve months after the award shall have been from the present time, unless it shall have been abolished given. The result of the deliberations of the Commis¬ or modified in the interval, it will be necessary to recon¬ sioners was announced on the 23d of November of last sider the whole treaty, and to determine whether or in The sum agreed upon, as an equivalent for the what form it shall continue as binding upon both so-called privileges accorded to American fishermen in nations ; and, as Mr. Evarts remarked in his communi¬ Canadian waters, was five million five hundred thousand cation, if the feeling of dissatisfaction which already dollars. The twelve months within which, according to exists on this side of the Atlantic is nourished during the Treaty of Washington, the money must be paid, that period, it may be found impossible, because of the will expire on the 23d day of November of this year. It embittered state of public feeling, to maintain friendly is, therefore, necessary, if we would abide by olir obli¬ relations between the two countries. Better, therefore, gations, that the requisite appropriation be made before for both to have the whole question reconsidered at once. The relations between this country and the New the close of the present session of Congress. It would not. be difficult to multiply reasons why the Dominion, in a commercial sense at least, are capable of appropriation should be made at once and without being vastly improved. A properly constructed recip¬ further comment. It is not to be forgotten that the rocity treaty would be a great advantage to both peoples. Halifax Commission and the Geneva Arbitration Con¬ With regard to the conclusions arrived at by the Hali¬ ference both had their origin in the same treaty, and that fax Commission, we have no desire to pronounce a they sprang from a common cause—a desire on the part judgment. We do say, however, that in the opinion of of two great nations to put out of the way all outstanding many well qualified to judge, there is a disproportion difficulties. The Geneva Conference decided in our between the value of the privileges secured by the favor, awarding us fifteen millions of dollars. The Halifax American fishermen and the value of the award, or the Commission has decided against us to the extent of five money to be paid for them. Rightly or wrongly, this million five hundred thousand dollars. We did not feeling prevails in the community generally. While, object to receive the larger sum. We object to pay the therefore, we advise the prompt payment of the award, smaller. However just we may be in our complaint we would at the same time recommend the opening of that the award far exceeds in value the privilege secured, negotiations between the two governments—those of the we shall, if the appropriation is withheld, be placed in United States and of Great Britain—with a view to a a false and undignified position before the world. This, reconsideration and readjustment of the terms of the however, is not all. We have shown from the com¬ treaty. In fulfilling our obligations we are not bound to mencement an apparent disposition to be unreasonable. be oblivious to our rights. Improper motives were unjustly attributed to one of the Commissioners; and charges which have THE GOVERNMENT AND THE SUGAR TRADE. The troubles growing out of the Customs duties, since been proved to be without foundation were made against themaode and manner of his appointment. Our recently referred to in these columns, of the Government failure to fasten our misfortune on Mr. Delfosse ought and the glove trade, are not more chronic than those of to be sufficient reason for our standing on our dignity the sugar trade. The latter, however, are larger in now and abandoning all further petty objections. In volume, and differ from the former in that Government, his; elaborate communication which accompanied the and not the importers, seems to come off second best. President’s address on the subject, Mr. Evarts, although The sugar case, moreover, although in all its details he was evidently of opinion that the treaty should be unlike the glove case, is as well worth narrating as tho reconsidered, admitted the competency of the tribunal, other was, as illustrating the extent to which unwise year. 588 THE CHRONICLE. [Vol. XXVI. legislation multiplies and intensifies the practical difficul¬ lently reporting the weights of hogsheads at le*s than ties of collecting Customs duties. the truth. Another charge relates to the “ drawbacks ” As is generally known, only a small quantity of sugar allowed upon sugar which has paid duty in the raw imported is pure enough to go at once into consumption, state, and is afterwards re-exported as refined. Here, but nearly all has first to undergo refining. The again, is a varying rate, 3*18 cents per pound cn hard duties If cents on sugar not above No. 7 “ Dutch standard”; Nos. 8 to 10, 2 cents; 11 to 13, 2f cents; 14 to 16, 2f cents; 17 to 20, 3f cents; but, practically, the schedule goes no further than No. 13, which is the lowest grade fit for use unrefined, and is the highest imported. Of course, the question of grade thus becomes one o importance, and the practical difficulty of determining it is made greater by the fact that, on the sugar planta tions, the hogsheads stand open during the process o packing, the upper layers all the time draining into the lower, so that each hogshead, when received here contains two to four grades, the “ head ” calling for one rate of duty and the “ foot ” for another. The just course is, therefore, to take a sample all through the mass, and from that to determine the average grade This is presumably the intent of the law, and ordinarily this is carried out, subject to the inevitable difficulties of getting the work performed at once competently anc honestly, in case of sugar which goes into the public are stores. But dently there is the same temptation to raise the reported grade for re-export, as to lower it on the original import. The exports of refined sugar have increased, following the advance made in drawback rates—in March, 1875— from 61,243,000 pounds in 1875 to 62,200,000 in 1876, in 1877, on about five-sixths of this the highest rate of drawback having been allowed ; but it is said that “ dummy ” barrels have been found in out¬ going cargoes on which a drawback for refined sugar had been received, and that the sampler has opportunity to play tricks on the refined as on the raw article. Con¬ sequently the importers do not believe the proportion just named is the honest one. and 85,400,000 There seems to be no reason for questioning the sub¬ relating to Why such a stantial parts of these allegations; at least that the private dock and the special privilege. privilege is granted and such, an exception made, in case one particular interest, is a matter which certainly admits no satisfactory explanation. Ordinarily, all dutiable merchandise whatever passes first into the cus¬ tody of the Government on arrival, and no consideration for the importer’s convenience or for the need he may have of obtaining his goods promptly is suffered to hurry the Custom-House in its work of satisfying itself, first of all, what the duty is. How rigorously, harshly, and with even flagrant injustice, this work is per¬ formed is matter of notoriety; and if lots of dryshould be sent at once to an goods importer’s store, there meeting only an appraiser, and should then go imme¬ diately into his stock, the transaction would be an unpre¬ of conflict has arisen between the sugar importers proper, whose business is to sell to the refiners, and a small number of refiners who do their own import¬ ing sugar, 2*48 on soft refined sugar above No. 20 Dutch standard, and 2*8 cents on that below No. 20. Evi¬ a the former allege that a very different habit has grown up with regard to these heavy importations. Under a special privilege, cargoes imported by the few heaviest refiners, or bought “ afloat” by them, go at once to their own private docks, which are close to the refineries, meeting there only a sampler and a weigh master from the Custom House, and being removed from the scrutiny of all third parties. This course is per mitted for the convenience of the refiner, and the cargo is supposed to remain intact until the sampler has taken cedented one, and would cause great astonishment.. Yet his sample of the average contents and has carried this there is scarcely any sort of merchandise which could not to the appraiser, and the appraiser has determined there¬ afterwards be traced out, re-examined, and re appraised, from the grade and the duty. Obviously, the work of if such a course were pursued, more easily than a cargo the sampler becomes all-important. He can take his of sugar can be after its identity is lost by being mixed with other samples from the “foots,” or he can accept any samples sugar or being put into vats, the very vessels furnished him for the purpose. Neither he nor the which contained it being destroyed. This exception to the weigh-master is so well paid as to be put beyond the general rule that the Government ascertains the duty to power of temptation, and nothing could more power¬ its own satisfaction, taking its own time for doing so fully tempt them to act in the refiner’s interest than before releasing merchandise from its custody, is made being thus stationed on the latter’s premises where all the more striking by comparison with the course with nobody can see what is done. Furthermore, it is dis¬ glove importations recently, when all cases whatever tinctly charged that the taking of the sample, correctly were held for alleged undervaluation during six weeks or not, concludes the whole matter, that the cargoes have or so, regardless of the Iors to the owners by keeping been “dumped” at once into the refineries, and the them out of sale, and notwithstanding offers of adequate hogsheads themselves steam-cleaned and broken up bonds, until at the last these offers were accepted, and before the appraiser had had opportunity for doing liis inaliy a large increase of valuation and a penalty were work; this would leave no evidence of the transaction, arbitrarily added. There can be no creditable explanation and it would be of little account whether any sample of these differences; nor is there any reason which one had been taken at all, for the presumption is that the ikes to accept why importations of dry goods are treated lowest grade would always be reported for duty. with such suspicious harshness, while large importations During the last three years the importers say that or raw sugar go directly into private control and the an honest collection of duties on our imports of sugar duties thereon are virtually put under the same control. wouldJhave brought the Government $40,000,000 a year, Such a course, whether intended for fraudulent ends whereas the annual amount has averaged only about or not, must necessarily beget fraud. TheHmporters three-fourths of that; in proof of their allegation^ they lave been laboring, first, to defeat the W6od tariff bill, show that the average duty received is but a trifle and, next, to get the existing rates changed^ The Wood above 1} cents per pound (which is the lowest imposed), pill provided for the exclusive use of the polariscope and that therefore three-fourths of the sugar must have test, which is generally condemned as inaccurate, and is been entered at the lowest grade. The weigh-master— pronounced by some experts an encouragement to fraud. whose temptation through opportunity is similar to the What the importers want is a change of rate to a sampler’s—is said to connive, on his part, at fraudu¬ simple specific charge of 2\ cents up to No. 16, and ; . jxwk is, THE CHRONICLE. 1878.] all above that; practically, this would be single rate, and would thus put an end to all possibility of frauds by sampling, because nothing but the quantity would ordinarily need to be deter¬ mined in'order to determine the duty. Tests by color, by the polariscope, and by sampling, with rates of duty varying according to the grade, are clearly inferior in simplicity and safety to a uniform rate on one or two classes, based upon the average quality imported. At present, the importers say that in respect to sugar the sampler is virtually the Collector of this port. How¬ ever this may be, the collection of revenue on sugar evi¬ dently needs reforming, as the collection on most other cents on but one articles does. - fltmietAwg^owtMercial gtigttslx BITES OP BTOPASei AT LONDON AND ON LONDON AT LATB8T DATES. EXCHANGE AT LONDON— MAY 81. EXCHANGE ON LONDON. LATBST OH— TIJT5. RATH. DATS. time. 589 governing powers, will relax the hold they have obtained. Some Bay,—perhaps the public discontent may show itself in a manner not altogether unlooked for. Apart from the reduction in the Bank rate to 2| per cent, the only feature in the money market has been an increase in the demand for short loans, owing to a heavy Stock Exchange settle¬ ment. The complaints about the scarcity of mercantile paper are very great, and we can expect no improvement. As showing in some degree how slack is our trade, it may be mentioned that the importers of wool have decided not to hold any public sales from Wednesday next to Tuesday week, inclusive. Wednesday will be the “ Derby Day ” which is always observed as a holiday, Yorkshiremen and Frenchmen are great patronizers of the turf. Monday week, too, will be Whitmonday, and a Bank as holiday; but there are several intermediate days on which, were a fairly active trade to exist, sales would be held. It may be thought possible that something political may transpire before the sales are resumed on the 11th of June, and that nearly a week’s recess may prove to be advantageous. Other branches of business remain in the same stagnant state. The strike and lock-out in the cotton trade continues, and there is no branch of business in which activity is not altogether wanting. The quotations for money are now as follows: RATH. Fer cent. Bank rate short. Paris Berlin 25.12X025.22X 3 months. 20.54 @20.58 41 20.54 @20 58 l» 20.54 @20.58 U 25.32 V4@25.37X Hamburg Frankfort Antwerp short. Amsterdam.. 12.2 @12.3 Amsterdam. 3 months. 12.4X@12.4X 44 24 8-16@24 5-16 St. Petersburg. it Vienna 12.12X@1217X 46 Madrid 47X@47X 4% .... . .. Cadiz Lisbon Genoa. 47X@48 • • Naples New York Rio de Janeiio. Pernambuco... 90 days. 5113-16-5115-16 3 months. 27.80 @27.85 14 27.SO @27.85 Bombay • • > • • • • << Hong Kong... • • • • / • 31. 31. 3 mos. short. 31. 31. 31. 14 • • • • 12.12 • • , 44 • • • . la. la. 8\d. 8Xd. • May May May May 30. 29. 28. 28. 23 d. 23d. la. 8Kd. la. 8%d. 44 44 44 « mos. 27.40 4.84 6 mos. 3 The rates of interest allowed discount houses for 3a. l\ytd. 5a. 5Xd. 97tf London, Saturday, June 1, 1878. about £120,000 in United States gold have been with¬ drawn from the Bank during the week, the directors have decided upon reducing their minimum quotation for money to 2£ per cent, not been for the uncertainties : Per ct. 1# 1# IX which have again arisen respecting the future of the bullion market, it is quite possible that a return to 2 per cent would have been agreed to. For some dayB past, the demand for money for mercantile purposes has been diminishing, the decrease in the total of “other securities” having fallen off considerably, the total now held being not more than £19,070,370. At the same time, trade is in so unsatisfactory a state that any improvement in the mercantile inquiry for money seems out of the question: conse¬ quently, while, on the one hand, the renewed demand for gold for export tends to check the downward movement in the quotations, the scarcity of bills, on the other hand, tends to produce great ease. Fortunately, the weather, which during the greater pan of last month was nnpropitious, owing to a very copious rainfall, has during the last two days become much warmer and more settled. Should it continue favorable, there will be an abundant yield of agricultural produce, and especially of cattle-feeding stuffs. Bread will also be cheap; our importa¬ tions of cereals of all kinds will cost us less, and the effect should be to keep the money market easy, and to give some stimulus to trade. The belief held by the greater part of the community that there will be a Congress of the European Powers, and that the deliberations of the delegates will lead to peace, may be too sanguine; but if Austria is earnest in her intentions to protect her own interests, and to enter upon a war, should they be threatened* a pacific result will, no doubt, be attained. Russia would clearly be unable to contend against England, Austria and Turkey, and the Czar and his advisers may come to the conclusion that discretion is the better part of valor. Unfortunately, perhaps the Russian people may consider that their statement showing the present position of the England, the Bank rate of discount, the price of Consols, the average quotation for English wheat, the price of Middling Upland cotton, of No. 40’s Mule twist, fair second quality, and the Bankers’ Clearing House return, compared with the four previous a years: 1S74. Circulation—-including bank Other and had it by the joint-stock banks and subjoined are Bank of Public * [From our own correspondent. 1 Although deposits 1X@1X Joint-stock banks..... Discount houses at call Discount houses with notice Annexed is , 44 May 28, •• • 1X@*X 1 1X@1X ' 3 months* bills Per cent. 6 months* bank bills 1X@2 4 and 6 months* trade bills. 2 @2X t • • short. May 31. . 24 13-32 118.90 48.30 44 • , ] Open-market rates: j 4 months* bank bills , 3 mos. May 28. May 31. May 28. • 25.17* 44 • Apr. 29. Shanghai Alexandria.... • 25.14 20.42 20.42 20.42 44 Apr. 27. 60 days. Calcutta • short 31. May 31. 60 days. 90 days. .... • May May May May May May 2X Open-market rates: 30 and 60days* bills post bills £ 26,423,542 1875. 1876. £ £ 1877. £ • ' 1878. £ deposits8,047,544 27,775,871 6,026,600 17,487,664 21,625,040 13,904,108 13,338,146 21,976,809 14,575,861 17,077,554 28,210,318 27,384,777 6,523,808 6,743,142 22,141,497 21,285,865 15,364,904 15,556,488 19,082,728 19,070,370 11,349,$03 10,376,498 14,816,202 12,058,767 22,391,896 22,484,393 27,6C0,672 23,009,187 23,451,882 deposits Government securities. Other securities Reserve of notes and coin Coin and bullion in both departments ... Proportion of 13.588,075 28,049,586 7,755,817 20,809,304 • 11,333,102 reserve to liabilities Bank-rate Consols.* 51*39 3 p. c. 92 X English wheat,av. price Mia. Upland cotton... p. c. x92 H 2 p. c. x94 62s. 2d. 41s. lOd. 8^d. 7Xd. 45s. 3d. 6d. 3X No. 40’s mnle twistjair 2d quality.... Is. Clearing House return. 129,654,000 40-06 41X 3 p. c. 2X P-c. 95X 68s. 6d. 5 ll-16d. 6 3-16d. Is. 0*d. Ud. 9tfd. 9Xd. 114,046,CO) 92,709,(00 79,810,000 75,873,000 This week’s Bank return is more satisfactory. The reserve has been augmented by £598,485, and its proportion to the liabili¬ ties of the establishment has risen to rather more than 40 per cent. Gold continues in demand for export, and all importations have been absorbed. £168,000 in sovereigns have been sent into the Bank from foreign sources; but £220,000 in American gold sovereigns have been withdrawn, chiefly for New York. Silver is unaltered in value; but, owing to more liberal arrivals, a larger business has been done. This week’s steamer to the East takes out £54,000 in bar silver to India and £47,000 to China. Mexican dollars have risen £d. £138,250 have been, shipped this week to China and the Straits. The following prices of bullion are from Messrs. Pixley & Abell’s circular: coin and GOLD. Bar Gold, fine Bar Gold, reflnable Spanish Doubloons ; South American Doubloons United States Gold Coin German gold coin 8. , d. 8. d. ...per oz. standard. per oz. standard. per oz., nominal. per oz. per oz. per oz. 77 9 @ 77 9V4 77 11J4@ 74 6 @74 9 73 9 @ 76 i @ 76 3X0 SULYSR* d. " d. .per oz. standard, nearest. 53 5-16 @.... v Bar Silver, Bar Silver, fine con’ng 5 grs. Gold Mexican Dollars Five Franc Pieces peroz. standard, nearest. per oz. nearest. peroz. Quicksilver, £7 0s. Od. Dscount, 3 per cent. Annexed are the current rates of exchange at 53 ll-16@.... 53 @.... .... @ ... * foreign markets the principal : Bank Open Bank Open rate, mark’t. rate, mark’t. country will not gain p. c. p. c. p. c. p. c. sufficient for the sacrifices which have been made, and much Puns 2 1X@1X Vienna and Trieste... 4X 3X0* discontent will*undoubtedly prevail. The Congress will, it is Amsterdam 3X Madrid,Cadizand Bar¬ 3X Berlin 4 8 celona >7 hoped, however, endeavor to frame such a treaty as will settle Hamburg Lisbon and Oporto.... 4 2# J7 Frankfort 4 8t Petersburg for a long time to come the 2* 4X04X vexing Eastern Question, and thus Leipzig NewYork 4 3 4@5* conclude an enduring peace. Europe is sadly in want of a Genoa 5 4 Calcutta, lasting Geneva. 3 3 Copenhagen 4X@5 4X05 peace; the vast armies of the Continent are proving to be ruinpus; Brussels but there appears to be no The supply of bullion held at the present time by the principal hope that the military, who are the 590 banks THE CHRONICLE abroad is as follows:—Bank of France, £83,602,000; Vou XXVL Redm. Chicago Bari. A Quincy sinking fand bonds Imperial Bank of Germany, £25,558,000; Austrian National Bank, £13,745,000; Netherlands Bank, £9,523,000; National Bank of Belgium, £4,173.000 ; 22 Swiss Concordat Banks, 2d 1875 1875 mortgage, 8a Brie $100 shares.... Do reconstruction trustees’ 35 14*@ 15* 19 @ 20 18 @ 19 32 @ 34 $5 paid.. £1,186,000; and New York Associated Banks, £3 966,000. Do do do $4 paid... Do preference. 7s According to the Gazette returns for 28 days of May, the Do reconstruction trustees’ assessm’t, $3 paid... do imports of gold into the United Kingdom amounted to £1,820,119, Do $2 paid... Do convertible gold bonds, 7s. 1904 and the exports to £795,774. The imports of silver were £477,- Do reconstruction trustees’ certificates, 7s Galveston & Harrisburg, 1st mortgage, 6s 1911 £49, and the exports, £506,894. Illinois Central, $100 shares The stock of bullion at the Bank, which at the close of last Do Bonds. 1st mort Chic. & Springf.. Lehigh consolidated mortgage, 6s 1923 April was £22,763,582, is now £23,451,882, while the reserve has MariettaValiev, & Cincinnati Railway, 7s. 1891 increased from £10,050,547 to £11,338,102; “other securities’ have Missouri Kansas & Texas, 1st mort., guar, gold bonds, English, 7s 19C4 declined from £20,338,068 to £19,070,370. The proportion of New York Central & Hudson River mortg. bonds.7 New York Central $100 shares reserve to liabilities has increased during the month from 32*57 Oregon & California, 1890 1st mort., 7s ... 34 33 ■ , do cent. The Clearing-House returns for the month (28 days) give a total of £362,719,000, against £359,299,000 last year. Tenders were received at the Bank of England on Wednesday for £400,000 in India Council Bills, £340,000 being allotted to Calcutta and £60,000 to Bombay. Tenders on Calcutta at Is 8|d. received about 61 per cent and above in full. Tenders on Bom¬ bay at Is. 8fd. were entertained in full. The Indian Government, according to an advertisement dated Simla, May 27, propose to borrow £2,500,000 on promissory notes, bearing interest at the rate of 44 per cent per annum. Tenders for the whole, or part, will be received in Calcutta until Monday, June 24. The result of the tenders for the issue of Frankfort Commit’e Pennsylvania, $50 shares Do. Do. Receipts, x coup. ; 1st mort., 6s 1880 .... Allegheny Valiev, guar, by Penn. R’y Co 1910 Atlantic A Gt Western consol, mort., Bischoff. certs, (a), 7s 1892 . Atlantic & Gt. W. Re-organization 7s ^..1874 Do. do. leased lines rental trust, 7s. 1902 Do do. do. ' 1873, 78.1903 Do. do. Western exten., 8s. 1876 Do. do. do. 7s, guar, by Erie R’y. Baltimore & Ohio, 6s 1895 Do 6s ..1902 Do. 6s 1910 £1,842,000 in Treas¬ @ 36 @ 35 104 97 @103 @ 99 ... .@ 45 122 109 35 30 @ 84 83* @ 84* 103 97 . 1927 6s, 1377... Cairo & Vincennes, 7s 1909 Chicago A Alton sterling consol, mort, 6s. 1903 Chicago & Paducah 1st mort. gold bonds, 7s... 1902 Cleveland, Coiambus, Cin. & Ind. con. mort...1913 Eastern Railway of Massachusetts, 6s 1906 Erie convertible bonds, 6s 1875 Do. 1st cons, mort., 7s .......1920 . .... 45 , . ... . American Government and railroad securities there has been considerable activity, and a further advance in prices has taken place. Annexed are the closing prices of Consols and the prin¬ cipal American securities, compared with those of last week: Redm. Consols j. United States 188! Do 6-20 U. 8.1867, 6s Do funded, 5s..,.... Do 10-40, 5s Do funded, 4*s, Issued at 103* Do. 4 per cent Louisiana Levee, 8s Do 6s. Massachusetts6e... Do Do Do 5s.... 5s... 5s Massachusetts 5s.. Do 5s Virginia stock 5s Do 6s. Do New funded 6s . ...1885 1887 1881 .....1904 . 1907 1875 .1838 1894 .1900 ,1889 ,1891 1895 .....1905 Jane 1. May 25. 97* @07* 109*@110* 96*@ 96* 109*@J10* 305 @106 108*@109* 107*@107* 109 @110 105*@105* 101*@102* 42 42 @ 52 @ 52 106 @108 106 @103 103 @110 108 @110 108 10S 28 24 59 @110 @110 28 t33 @ 61 105 105 @105* 42 42 106 106 103 108 103 108 @ 52 @ 52 @108 @108 @110 28 24 59 @110 @110 @110 @ 32 @ 38 @ 61 AMERICAN DOLLAR BONDS AND SHARES. Albany A Susquehanna conn mort. 7b, Nos.501 to 1,500, inclusive, guar, by Del.&Hud.Canal.. 1906 Atlantic A Croat Western 1st M., 1902 Do 3d mort., $1,000,7s...1902 1902 Do 3d mort.. $1,000.... .1909 .1902 Do let mort. Trustees' certificates.... Do 2d do do it Do 3d do / do Atlantic Mississippi A Ohio, Con. mort, 7b... .1906 .1906 do Committee of Bondholders’ctfs Baltimore A Potomac (Main Line) 1st mort 6s..1911 1911 do (Tunnel) 1st mortgage. 6s. • • • • . >> t* * • • 93 @100 28 <g> 80 11 <Q) 13 5*3i 6* 97 <§ > 31 (§> 14 6" <g> 7 25 <a* 30 25 @> 30 85 G) 87 80 12 6 22 22 29 12 (gur. by Pennsylvania A No. CentRailway). 1911 87 @ 89 Bari. Cedar Rapids A No. RR. of Iowa, 1st mort.. 66 @ 68 Central of New Jersey shares 26*@ 27* Central of New Jersey, cons. mort. 7s 82 @ 84 1899 Do ex funded, coup, from April 1, 1817, to July 1, 1879, inclusive 69 @71 Central Pacific of California, 1st mort, 6s 1896 109*@110* ' Do Califor. A Oregon Div.lst mortgld.bds,6s.l892 Do Land grant bonds 1890 @ 99 29 @ 81 11 @ 13 5*@ 83 85 66 gen. 6* @ 82 @ @ @ @ @ 14 7 27 27 85 @S7 @ 68 2£*@23* 81 @ 83 69 109 94 @ 96, 94 110 §71 @ 96 92 @ 94' 98 @ 95 1874, 6’s Do. Scrip for the 6 deferred * c^up Pittsburgh A Connellsville Con. Mort. Seri guar, by Baltimore A Ohio RR. Co., 6s..... South A North Alabama bonds, 6s.-... * @109 @ 40 @ 32 29*@ 30* @106. @09 @111 93* a 97* 103 96 14 @105 @ 97 @ 15 104 105 1(8 @106 @107 @110 94*@ 95* @ ....@ 40 @ 42 ... .... .... 20 30 80 @109 @108 @106 89* @ 93* 26 @ 30 107* @10834 _ 107 106 104 87 72 110 @ 89 @ 76 90 @112 103 85 @105 110 103 @ 87 83 @ 96 93 94 . • 63*@ 64* 80 @ 85 33 @ 37 99 @101 103 @110 y7 @ 99 @ ... 100 93 103 108 • • ... ... 10 i 92 105 107 86 @ SS 106 @1C8 20 @ 30 @112 @105 @ 85 • @ 95 @ • ... 60 *@ 61* 82 @67 38 @ 42 98 @100 107 @109 99 @101 @102 @ 95 @105 @110 89 @91 114*@(15* @ @ 92 @ 76 72 ...... • .... @104 @ 94 @107 @109 88 @ 90 114*@115* @88 86 109 @110 97* ^ 98* @ @102 - .... 100 100 89 09 87 61 78 @ 91 @101 @ 89 @ 63 @ SO 96 @ 98 91 @ 93 . • 99 91 87 100 85 68 76 U&102 .@ @101 .. @101 @ 89 @102 @ 87 @ 60 @ 78 95 91 @ 97 @ 93 8 ,1888 Union Pacific Railway, Omaha Bridge, 8s.. United New Jersey Railway and Canal, 6s.. Do. do. do. do. 6s.. The @106 106*@109* 107 *@107* !08*@109* @ 47 107 35 30 . . , .... 121*@122* 15* @ 16* 1(9 @105 @ 99 ..@ . ... @ 97 107 - ... 82 @123 @111 @ 40 @ 32 3>*@ 81* 102 @105 104 @ 34 58*@ 59* @ 47 ye @ 17 @ 32" @ 35 ...@ . ... u @ 45 16 30 33 32 • .. Do. Bills is as follows:—Tenders for bills at six months at £99 Is. 3d. in full; do. at three months at £99 12s. about 86 per cent; no allotment below. This is equivalent to a discount rate of 1$ per cent for the six months’ paper, and nearly If (£1 12s.) per cent for the three months’ bills. The amount applied for was Do. ex recons, trustees’ cerfflcates of 6 coup Do. with reconstruction trustees’ certificates of 6 £10,419,000. The allotments were:—Bills at three months, coupons .Do. 2d consol, mort, 78 £1,147,000; do. at six months, £695,000. 1894 Do. reconstruction trustees’ certificates, 7s Tenders will be received at the Bank of Ejgland on Monday Illinois A St Louis Bridge 1st mort, 7s 1900 Da do. 2d mort., 7s next for a New Zealand Government five per cent 10-40 deben¬ Illinois Central, sinking fand, 5s 1903 ture loan to the amount of £3,500,000. Do. 6s... The issue price is £100 1895 Do. 5s.... 1905 per cent, interest commencing June 16th. Tho debentures, Illinois Missouri A Texas 1st mortgage 1891 which are secured on the general revenues of ihe colony, are Lehigh Valley consol, mort., 6s, “A” Louisville A Nashville, 6s 1902 issued for public works and immigration purposes, the redemp¬ Memphis A Ohio 1st mort. 7s 1901 Milwaukee A St. Panl. 1st mort 7s... 1902 tion of £1,000,000 short-dated debentures, and the discharge of New York A Canada R’way, guar, by the Dela¬ certain provincial liabilities. ware A Hudson Canal, 6s 1904 N. Y. Central A Hudson River mort. bds., 6s.. 1903 On the Stock Exchange, speculation during the week has been j Northern Central Railway consol, mort, 6s....1964 1897 general mortgage, 7s Vi... active, and prices have experienced a further decided improve¬ Panama Paris A Decatur 1893 ment. Consols, Egyptian, Turkish and Russian Government Pennsylvania general mort. 6s 1910 Do. consol, sink’g fund mort. 6s 1905 securities have been steadily, indeed, rapidly, advancing in price; 1913 and the values of most other classes of security have had an .1881 Do. with option to be paid in Phil., 1 9 upward tendency. In fact, the securities of several British rail¬ Phil. A Erie gen. mort(guar. by Penn. RR.)6 .1920 way companies have risen in value to an important extent, and Phil. A Reading general consol, .1911 mort 6s.. Do. .1897 the markets still present a good appearance. imp. mort., 68 In the market for Do. mort, -ci 35 AMERICAN STERLING BONDS. t. ury i. @ 95 12*@ 13* 16 @ 18 .@>... 61*@ 62* 8! @ 84 85 @ 86 consol, sina’g fund mort. 6s 1905 Philadelphia & Reading $50 shares Pittsburg Fort Wayne & Chicago equipment bonds (guar, by Pennsylvania R. R. Co.), 8s Union Pacific Land Grant 1st mort., 7s 1889 Union Pacific Railway, 1st mortgage, 6’s 1898 93 ... .. to 40 06 per @4a @ 45 35 . assess m’t, May 25. @95 100 @102 Del. & Hud. Can. 7s Detroit & Milwaukee 1st mortgage, 7s Do Janet. 93 .1896 .1894 .1901 @.... 109 107 103 108 107 103 @111 @109 @110 •@ — @110 @109 @110 following were the highest and lowest prices of American May this year, and for the whole of 1877 : securities in During 187'. May. High. Low. High. Low. S6* 91* 101* Al’eghany Valley, guar, by Penn. C nt. sterling.... 97* Atlantic <fc Great Western 1st mort 17 26* 24* 30* Do. ,, 11* 6f 2d mort 14* 12 108 Baltimore A Ohio, 1902, sterling 104* 111* 103 103 Do. 103* 111* 102 1910, sterling »4 81X Balt A Pot (m. line) 1st g. bds, gu. Pen. A N. Cen. 85* 81* 87 85 Baltimore A Potomac Tunnel gold bonds 91* 87* 110 108 Central Pacific of California, 1st mort 107* 101* Central of New Jersey consol, mort, 18S9 7< * 82* 50 83* 108* 1 7* 109* 101* Chicago A Alton sterling consol, mort 92 111 Erie Railway sterling bonds, 1875 75* 109* Do. Como idated mort. bonds, 1920.... 104* 101* 82* 72 .. Do. Second do. do. Erie shares, $ln0 paid Do. Preference, $100 paid Illinois Centra, $100 piid Llinois A St Louis Bridge 1st mort, 1900, 1894 15* ... 83* ....... 86* sterling. 83 Lehigh Valley, consol, mort “A,” sterling 104 Memphis & Ohio 1st mort., 1901, sterling 107 New York A Can., guar, by Del. A Had Canal,ster. 9) New York Central A Hudson River, sterling........ 115 12 Do. do. Pennsylvania $50 shares 114 104 121* 47* 110* 25* 98 91* 101 109 108* 108* 100* 9j* 102* 96* 18* !9* 99* 101* 91 82 86* 114 121* 38 - Mort DOEds..., 122* ;. i..; /. i. 80* - 90* Philadelphia A Reading $60 shares 16* Do. Gen’l consol, mort, ster...' 102 Do. Improvement do. do.... 87* Do. Qeneralv do.’74do.... Pittsb. A Connellsv. C. Mort gn. by B. A O United New Jersey R’y and Canal, sterling. ft* 14 40* 77*81* 97* 93 91* 101* 101 ,.97 105* 106 99* 88 89 , Do. Consol, bonds sinking fund, sterling. Do. General mort, 1910, sterling .v Phila A Erie, let m. ’81, guar, by Penn. RR., ster.. Do. General mort, do. ster.. 33* 14* 25* 79* 29* . 50 61* do..^96* 94$ 84* - . 54* 95* 1(8* 147* 68* 8]* 95 ; 10* 61 57 June 15, THE CHRONICLE. 1878.] daring the greater part of the past Week has been unsettled, and it seems now to be admitted that our wheat crop c&n.not be a large one. Even were the present and succeeding months to be very piopitious, there will not be the abundant 591 flaraol U«portt-Per Cable. tfiiaxUaa The weather tally closing quotations in tbe niarkets of London and Liver* pool for the past week have been reported by cable, as shown in Fue the following summary: Money and Stock Market.—The bullion in the Bank of London yield of wheat which the country anticipated six weeks ago. It Eogl&ud has increased £488,000 during the week. Wed. Sat Toes. Thur. Mon. a well-known fact that the wheat plant, when once well-rooted, 95 13-16 95 9-16 95 9-16 Jonso'B for money., 95 15-16 account.. 96 1-16 95 13-16 95 11-16 95* requires but little additional moisture during late spriog and the 5? j.S.bs (5-SOs) 1867.... 109* 109* 109* 109* 1 summer months; but this season the fall of rain has been d. s. 10-40S 109 * 169* 109* 109* *3 58 Of 1881. 107* 107* 107* io:* W copious, the night temperature has on many occasions been low, New 105* 105* 105* 4*s 105* Fri. 93 7-16 95 9-16* is -■ straw, and a nevertheless, be seasons of fair average abundance as regards cereals, and, at the same time, of more than an average msy, The present abundance of roots and grasses. season may possibly Liverpool Cotton Market.—See special report of cotton. Liverpool Breadstufis Market.— d. tfbbl 26 0 s. flour (extra Siate) Wheat (R. W. spring). ** ‘ ctl : 8 10 £ ,2 . A (C. White club).. “ 10 8 ;orn (new W. mix.) 9 quar. 23 3 . Peas (Canadian) $ quarter. 35 Tues. s. d. 26 0 8 11 10 10 10 5 10 8 S3 3 85 0 d s. (Red winter)... . *4 10 10 (Av. CaL white).. “ 10 5 “ “ : Mon. sat. - 2, ... .w- 0 : d. s. deef (prime mess) V tc. .. Pork (W’t mess)....$ bbl Bacon (l’g cl. in.) cwt Lard (American) “ 77 0 42 6 26 6 35 6 Cheese (Am. flue) new 44 47 0 ... d. s. d. e. 77 42 27 86 48 * 2 o H afloat, viz., 1,266,000 quarters, which is corresponding period of last year, buyers are reluctant to purchase in excess of their actual requirements. If with unsettled weather in this country and in other parts of Europe the tendency of prices is downwards, and in a distinct degree, it is obvious that fine weather would bripg about a fall of considerable importance. On the Continent, the trade for cereal produce has continued dull, and a further decline in prices has taken place. The sup¬ plies of native produce offering in France and Germany have been very moderate, but the pressure shown to sell on the part of the 10 10 23 8. 5 8 3 0 35 £ s. £. d. Uns'dc’ke(obl).tftE. 9 0 0 Linseed (Cal.) $ qu&r. 48 0 sA SugarfNo.WD’chstd) £ spot, W cwt zi on 44 .£5 Linseed oil....^ ton .26 Whale oil... ... 0 0 5 0 42 26 35 48 6 0 0 6 6 0 as. d. 0 0 £ 0 i. 23 0 0 10 £ ^ : 6 0 0 0 69 6 77 42 26 35 0 48 9 0 37 23 40 7 6 6 0 23 69 0 35 0 23 10 75 42 26 35 8. 9* Wed. £ s. d. 9 0 0 48 0 §. Tnur. Fr4. d. e. d. 4 9 4 9 10 0 10 0 d. 4 10 d. 0 6 6 0 48 O' d. 6 6 9 6 0 b. Wed. s. 9* ■¥ 37 23 40 : 23 6 V tun..69 0 0 Sperm mi 6 Tues. d. 4 9 10 0 d. s. 0 Fri, Thur. s. s. ‘ wheat Fri. d. 25 6 8 13 10 8 10 3 10 6 22 6 35 0 Thur. d. 26 0 8 11 10 10 s. Wed. d 77 6 Tues. Mon. Sat. 44 ply of Wed. d. 26 0 8 11 10 10 10 5 10 8 23 3 35 0 a. Liverpool Provisions Market.— Liverpool Produce Market.bring about such a result, but of course everything depends Mon. s. d. upon the weather. At one period this week, there was reason to Rosin (common). ¥ cwt.. believe that we had at length entered upon real summer weather; 10 (fine). but such a belief has since been shaken. In spite, however, of Petroleumf refined).... V gal (spirits) ” the doubts which are entertained regarding the weather, the Tallow(primeCity)..W cwt. 37 6 J turpentine 44 23 6 txikdfiKor wheat has been dull, and holders have been compelled Soirits Cloverseed (Amer. red) 40 0 to submit to a further reduction in prices. The decline quoted London Produce and Oil Mai is Is. to 2s. per quarter; and as there is a large sup¬ sat. Mon. ip excess of the 107* 105* .. ■ complaint is that the wheat plant will produce much corresponding decrease in the quantity of grain. It hus often been remarked that an abuudaut yield of cereals and of grasses and roots is seldom harvested in one season. What is good for one is unfavorable to the other, and the present season indicates that the saying is once more to prove true. It is not to be deferred from this that because the crops of grasses and of roots are likely* to be very abundant that the yield of cereals mast necessarily be very bad; but it is well known that oar finest crops of cereals have been raised in seasons of unusual dry ness ^as in 1868 and 1870—and when the pastures were dried u . There and the 109* 109* 9* 9* . 7 3 6 0 37 23 40 37 <3 40 Tnur. s. d. 0 49 0 0 23 0 *5 0 27 0 6 £ 9 6 0 6> 0 0 £ 9 7 3 0 0 Fri, a. d. 0 0 0 49 23 0 69 0 85 27 Q - 0 0 0 6 - 0 0 0 ©uraraerctal and HXiscellatwmws Hems. Wbrk.—The imports last increase in dry goods and a decrease in general The total imports were $4,695,355, against Imports and Exports por the eek showed an ghandise. $5,5lri®8flthe preceding week and f4,260,532 two weeks pre¬ United States and Russia has exercised considerable influence, vious. T&e exports for the week ended June 11 amounted to and has necessitated a very cautious policy on the part of buyerg. $6,677,748, against $5,139,552 last week and $6,665,896 the pre¬ In the more northern districts of the Continent the harvest is vious week. The following are the imports at New York tor week ending (for dry goods) June 6 and for the week ending being delayed by unpropitious weather.* (for general merchandise) June 7: During the week ended May 25, the sales of home-grown wheat principal markets of England and Wales amounted to 35,554 quarters, against 29,572 quarters last year; and it is computed that they were in the whole kingdom 142,300 quarters, against 120,000 quarters. Since harvest the deliveries in the principal markets have been 1,026,696 quarters, against 1,742,021 quarter**; while it is estimated that they have been in the whole Kingdom 6,506,800, quarters, against 6,938,000 quarters in the corresponding period of 1876-7. Without reckoning the supplies furnished ex-granary, it is estimated that the following quanti¬ ties of wheat and flour have been placed upon the British markets J TORSION IMPOSTS AT NSW YORK in the 150 Drygoods General merchandise... Total for the week. $6,286,815 Previously reported.... 158,841,893 1876-7. 1875-6. cwt. cwt. 42,009,092 6,4*9,234 28,197,uCO 29,409464 5,036,675 30,195,000 39,897,242 4,891,434 30,426,000 29,203,193 5,245,157 40,413,500 ....76,655,296 1,435,419 64,700.839 743,574 75,014,676 74,891.830 225,663 Result 75,219,877 Aver, price of Eng. wheat for season 5 Is. 3d. 63,957,265 74,562^010 74,686,237 Imports of wheat.*.. Imports of floor Sales of home-grown produce . Total . . . Exports of wheat and floor.. , . 452,666 51s. 4d. 1874-6. 45s. 5d. 43s. 84. 'The following figures show the imports and exports of cereal produce into and from the United Kingdom since harvest, viz., from the 1st of September to the close of last week, compared with the corresponding period in the three previous Barley.. >••<«... ........ tin*•».« 1876-7. 1875-6. 1874-5. 89,897,242 10,457,247 8,330,658 29,469,184 10,714,874 7,547,165 990.955 3,471,718 1,114,891 ATM, 118 24.731,807 5,036,675 17,645,214 4,891,434 29,208,193 10,969,634 6,759,459 1,290,296 2,012,049 11,564,016 5,245,157 1,329,883 •. Beans Indian Corn Wear 1877-8. .... 22,89 f. 536 6,499,204 7,00.\177 8,095,281 -BXPORT8. WkoM 1,380,118 ....44,380 cwt. ffias ...... ...... Indian Corn vtovx.... 17,139 17,171 188,97 5 55,801 707,395 44,215 83,450 21,658 434,420 21,861 * 261,051 30,031 25,724 7,709 589,924 36,179 35,416 18,246 3,837,247 $5,907,450 $6,529,778 141,952,701 $4,695,355 122.500,029 of our $143,482,471 $127,195,384 $!43.272,66: report of the dry goods trade will be found the imports dry goods for one week later. is a statement of the exports (exclusive of specie) New York to foreign ports for the week ending The following from the port of June 11: EXPORTS PROM NSW YORK POR THB WBKK. “ 1873. 1877. 187S. ,.. $5,593,109 $5,574,247 $6,023,957 Previously reported.... 99,570,396 101,968,991 $6,677,743 145,507,518 for the week 112,931,134 $105,1^3,503 $107,513,333 $118,975,091 $152,185,265 The following will show the exports ot specie from the port of New York for the week ending June 8, 1878, and also a com¬ Since Jan. 1 parison of the total since Jan. 1, totals for several previous years: June 5—Str. City of Houston....Havana 1878, with the corresponding Hamilton Southampton ' June 6—St-. Canima. June 8—Str. Oier " • Laguayra.. June 8—Bark Rocket Span, gold coin... For’n gold coin .. Amer. silver coin. ‘ Amer. silver bars. 179,825 184,8:5 Total since Jan. 1. 1878 ($3,118,318 Same time in— 40,787.646 1875 1873....*. The imports of been as follows : ••• • 42.8.5 5—Brig Alcira 966 5,C00 40.CC0 27,005 Am.r. gold coin.. 5,000 ... . $156,606 7,990,073 silver, and $5,031,361 gold)... $5,149,679 | Same time in— 11871... $*£303,920 11869.• 24,691.486 j 1867................... specie at this port during the same Jane 3— Str. Crescent City June ; $17,337,918 18T7.... 53,765 17,435 1,627 45,738 . $31,640 For’n silver coin., Total for the week ($72,000 silver, and $37,606 gold)... Previously reported ($3,045,318 silver, and $4,943,735 gold) years: IMPORTS. Wheat; $853,108 137,365,213 $165,123,710 Since Jan. 1 1875. 1877-8. cwt* 1878. $894,914 5,724,864 5,001,525 since harvest: ° 1877. $819,394 5,088,056 $1,285,290 f In FOB THB WBKK. 1876. 1875. Aspinwall Amer. silver. Amer. •» • periods have gold.. 4,000 Silver bars Goldbar8 Gold dust i,500 740 t,l( 0 Puerto Cabello... Amer. gold 1,900 592 31 THE CHRONICLE. June €—Schr. G. T. Littlefield...Nassau June ?—Brig Manuel Ferrer June 8—8tr. Ailsa Amer. silver Amer. gold.. Laguavra 200 200 . Amer. silver.. .Baranquilla... . June 8—Str. Germanic Liverpool 1,105 7,380 454,217 Amer. gold.. Total for the week (*10,880 silver, and $500,94* gold) Previously reported ($7,901,160 silver, and $3,688,*72 $511,822 gold) Total since Tan. 1, 1878 ($7,912,040 silver, and $1,889,214 Same time in— 1877 1876 pany is entitled to recover $593,627 as one-half of the compensa¬ tion due from the Government for services rendered. A j udgment is rendered in favor of the Government for the differ¬ ence, amounting to $774,089. It will be remembered that the main point at issue in this suit was the question as to the date when the road was completed and the 1,500 Amer. gold.., Gold dust.... 11,789,43* net gold)...$12^)1,254 $6,958,915 1871... 1,812,173 2,3-20,791 2,591,211 713,327 7,016,220 1868 1867 , 400,884 73 382,212 86 273,017 69 Total 358,228 96 536,355 49 S70,468 01 ’ 1,554,989 Western Union Telegraph.—The report just issued for the quarter ending June 30, 1§78, gives the following: In the report presented by the Executive Committee at the last quarterly meeting of the board, held March 13,1878, the net profits for the quarter ending March 31 (February being partially and March wholly estimated), were stated at $712,475. The official returns for the quarter (ending March 31) showed the profits to be $791,514, or $79,039 more than the estimate. The following revised statement, based upon complete returns, will show the condition of the company at the close of the quarter ended March 635,390 84 245,058 19 83,758 73 533,3 5 46 562,325 45 375,240 37 $1,337,0:0 $2,417,931 26 $9,281,563 44 $1,619,181 18 $7,209,644 30 Balance, Jane 7 124,238,613 42 39,999,558 0* Balance, Jane 14 125,006,963 50 42,071,477 16 From the have the we Comptroller of the Currency, Hon. John Jay Knox, following statement of the currency movements and Treasury balances for three months past: U.S. Bonds field as securityfrom Nat. B'ksMarch 31. April 30. May 81. Bonds for circulation deposited $2,740,900 $3,638,000 $4,235,000 Bonds for circulation withdrawn 3,027,200 2,262,400 2,780,400 Total held for circulation 346,836,250 347,711,850 349,166,450 Bonds held as security for deposits 13,453,000 13,445,000 13,868,000 Legal Tender Notes.— Deposited in Treasury under act of June 20, 1874 Total now on deposit, Including liquidating 412,480 27,000 banks 12,182,962 12,313,537 11,550,903 Retired under act of January 14, 1875 769,312 1,167,696 Total retired under that act to date 34,151,288 35,318,984 35,318,984 Total amount of greenbacks outstanding.. 347,848,712 346,681,016 S46,6S1,016 National Bank Circulation.— New circulation issued 961,640 1,459,620 2,007,620 Circulation retired 750,617 502,655 1,140,124 Total circulation outstanding—Currency... 320,761,394 321 709,559 322,555.965 Gold.. 1,432,120 1,432,120 1,482,120 Notes received for redemption from— New York Boston 3,856,000 5,045,000 386,000 158,000 187,000 2,894,000 Philadelphia Cincinnati., Chicago Miscellaneous Total : 7,711,000 2,9 5,000 10,757,000 5,122,000 1,276,000 924,000 747,000 493,0C0 2,908,000 6,922,000 $12,026,000 $15,755,000 $24,077,000 Treasury Movements.— Balance in Treasury—Coin Currency Currency held for 138,357,608 751,851 156,037,236 1,163,140 10,000,000 57,883,400 55,044,500 re¬ 189,708,021 3,094,748 demption of frac¬ tional currency.... Coin and silver certificates outstanding.... 31,1878 : Surplus January 1, 1878, as per last quarterly report ,Net profits, quarter ended March 31,1878 From which 10,000,000 10,000,000 52,823,640 Central of New $88,199 791,514 ; $879,713 deducting— Dividend of 1)4 per cent, paid April 15, 1878 Interest on bonded debt for quarter... Interest on amount due for purchase of Atlantic & Pacific stock for quarter : Sinking fund appropriations for quarter.. Construction account for quarter. Purchase of sundry telegraph stocks, There remained 903,530 per cent on the for the company. The transactions for the week at the Sub-Treasury have been follows: -Receipts. —-N t ■^—Payments. Customs. Coin. Coin. Currency. Currency. June 8 $199,000 $755,786 21 $1,949,904 83 $153,374 98 $454,372 60 10 253,000 293,518 83 1,779,787 15 207,449 35 1,924,441 22 11 166,000 31*2,481 24 3,786,819 00 124,149 09 3,359,879 20 12 276.000 charge of 5 run. 8.904,110 3.754,046 as 224,000 269,000 to Wabash.—The arguments on the motion for the appointment a receiver were made in Chicago this week. Mr. C. W. Hassler and others appeared for the* bondholders, who are complainants, and Judge Green of New York and General Swayne $3,163,221 1870 1869 6,467,332 earnings commenced of Same time in— 1875... 1874 1873 1872 [Vol. XXVI, a patents,etc.,for quarter $525,933 107,150 s. 3,885 19,970 13,381 20,533— 690,854 surplus, April 1, 1878, of $188 859 The net profits for the current quarter, ending Jane 30, inst., based upon official returns for April, nearly complete returns for May, and estimating the business for June, reserving amount sufficient to meet the claims of the Atlantic & Pacific Telegraph Company under existing agreements, will be about April I, as above... $867,018 Add surplus From which One One One 188,859 $1,055,878 appropriating— quarter's interest on bonded debt $107,000 quarter's interest on purchase of Atl. & Pac. Tel. stock. 8,000 quarter's construction, purchase of stocks of leased One quarter’s proportion of sinking Leaves a balance of A dividend of 1% per cent on the 20,’ouO— funds capital stock outstanding requires. 170,000 $835,878 525,936 Deducting which, leaves $359,912 In view of the preceding statements, the committee recom¬ mend a dividend of 1£ per cent, payable July 15; and that for the purpose of such dividend, the stock books of the company be closed at 3 o’clock on the afternoon of the 20th June, inst., and be reopened on the morning of the 16th of July next. At a meeting of the Board of Directors, Mr. Hamilton McK. Twombly was elected a vice-president in room of Dr. Norvin Green, who has succeeded the late Mr. William Orton as presi¬ dent of the company. Mr. Twombly is a son-in-law of Mr. Wm. Jersey.—The directors of the Central Rail¬ Company of New Jersey have adopted a resolution re¬ H. Vanderbilt. questing the receiver of the company to obtain authority from the Court of Chancery in New —The Rochester & State Line Railway Jersey for holding an election for a Company first mortgage new Board of Directors on the 10th of July. 7 per cent bonds are offered by Messrs, Walston H. Brown & Bro. at 90. The bonds are a first Paris & Danville.—This road, extending mortgage uu-on the road and its from Danville, Ill., equipment, and are to Lawrenceville, Ill., 103 issqed at the miles, is to be sold July 10, by order of The road runs from Rochester rate of $20,000 per mile of road to United road Salamanca, States Court. Union Pacific, Kansas Pacific & Colorado Central.—The latest report concerning the alliance between these companies is said to be correct. It is substantially as follows: That the arrangement embraces only the Union Pacific. Kansas Pacific, Colorado Central, and the Omaha Bridge Company, and not the Denver & Rio Grande, St. Joseph & Denver City, and St. Louis Kansas City & Northern. The Gould party have secured control of the Kansas Pacific, assuming its indebtedness. The Colorado Central, consisting of about 175 miles of road, is owned and opera¬ ted by the Union Pacific Company. These three roads, com¬ prising a total length of nearly 2,000 miles, according to a N. Y. Times dispatch have been consolidated and the agreement has been signed by the proper officials of the Union Pacific, Kansas Pacific and Colorado Central. It is stated that the gist of the agreement entered into by the separate corporations is to this effect: The entire gross earnings of the three roads are to be consigned to a common purse ; the division of the whole is to be made on the following basis: The Union Pacific to receive 71 per cent, the Kansas Pacific 19 per cent, the Colorado Central 6 per cent, and the Omaha Bridge Company the other 4 per cent. It is expressly stipulated in the agreement that the officers of the Union Pacific shall extend their authority over the Kansas Paci¬ fic and the Colorado Central, and that the heads of departments on the two last-named lines shall at all times be subject to the orders of the officials in charge of the corresponding departments on the Union Pacific. Union Pacific Railroad.—A decision has been rendered by the Court of Claims, in Washington in the suit of the Union Pacific Railroad Company against the Government. The Court decided that the Government is entitled to recover 5 per cent of the railroad’s net earnings from November 5, 1874, amounting to the sum a distance of about 109 miles, and forms a connection between the N. Y. Central at Rochester and the Atlantic & Great Western. The road is completed and running, and in addition to the large business in coal and petroleum from Pennsylvania northward, it is expected to have a strong local business from the numerous towns on its line. „ —Messrs. Barbour, Swords & Co., Bankers, 12 Wall St., have sent us the July number of their “Monthly Financial Circular”, which gives particulars of the securities called at the New York Stock Exchange and prices of the same for June. The circular is conveniently arranged for reference, somewhat similar to those issued by the London Stock Exchange, and can be had on applica¬ tion. ' . —Messrs. Geo. Wm. Ballon & Co., of New York and Boston, have on hand for immediate delivery eight per cent bonds secured by first mortgages on productive Ohio farms, in denomina¬ tions of $500 and $1,000 each. These bonds mature in five and are reported by Messrs. B&llou & Co. profitable investment. years as a safe and % —Attention is called to the card of Messrs. Thos. P. Miller & Co., Bankers, Mobile, Ala. This firm, of many years’ standing, trans¬ acts all the ordinary business belonging to a private banking house, giving attention to collections, and remitting promptly on the day of payment. * v —The twelve months’ notes of the Houston & Texas Central Railroad Company, given under the plan of liquidation, amounting to over $80,000, the treasurer in Hodston, matured June 4, and and were paid by —The Ontario Silver Mining Company announces its regular dividend for May, and an extra dividend* making one dollar per 6, 1869, to November J share for the month, payable at Wells, Fargo & Co. on the 15th of $1,367,716, and that the com- * inst. THE CHRONICLE. 1878.1 June 15, The range in the prices since Jan. 1, 1878, and the amount of each class of bonds outstanding June 1, 1878, were as follows: '-Cite Shmltjcrs' (6a*cttc. Range since Jan. 1,1878. organized daring the past week. No National Banka 593 Lowest. DIVIDENDS. The following dividends have recently been announced: Pbb Nam* of Company. Cent. * When Books Closed. Payable. (Days inclusive.) 6s, 1881 cp. 6s, 5-20s,’65.cp. 68,5~20s,’67.cp. 6s, 5-20s,’68.cp. 5s, 10-40s... cp. 5s,fund.,*81.cp. Railroads. Boston & Lowell Baltimore & Ohio (Washington Branch). Lehigh Valley (quar.) New York Central & Hudson Riv. (quar.) New York & Harlem Philadelphia Wilmington & Baltimore .. Miscellaneous. Weptern Union Telegraph (quar.) $10 July 25 1 2 4 4 4*28,1891 ..cp. 4s, 1907 cp. 68, eur’ncy.reg. 1. June 24 IX July 15. July 15. July 1. July 1. June 17 to July 19 June 15 to July 2 June 16 to July 4 July 15. June 21 to July 15 Amount June 1. Highest. Registered. Coupon. 105*8 Feb. 25 109 June 6 $194,842,250 10200 Jan. 3 105*8 June 6 51.328,250 105 Feb. 6 108 June 7 105,861,300 106% Jan. 2 110*2 Apr. 23 15,950,000 10378 Mch. 1 108% Jan. 26 144,221,050 102% Feb. 25 1063s Jan. 24 232,149,800 10178 Mch. 1 1O470 May 24 148,359,100 100% Apr. 13 102% Jan. 9 66,739,850 117*4 Apr. 5 122*8 May 25 64,623,512 $87,894,100 55,527,800 204,755,000 21,515,300 50,345,250 276,290,550 86,640,900 25,119,150 State and Railroad Ronds.—In State bonds Louisiana con¬ sols have recovered materially, and after selling last week below 70 have sold to-day at 72$. The July interest is said to be mostly provided for and the improvement in the bonds is accounted for among brokers here by the fact, already noticed in our reports, FRIDAY* JUNE 14, 1878-5 P. M. that too large an amount of bonds was held in New Orleans. It The Money Market and Financial Situation.—There have is estimated that some $600,000 bonds have come from that been two principal topics of interest this week in financial circles, market in the past three weeks. From Tennessee the private first, the break in speculative stocks, and second, the passage by advices received are not encouraging as to the sentiment among the United States Senate of the act making customs duties payable the people on the subject of honoring the State obligations. in greenbacks and authorizing the sale of 4 per cent bonds at par Alabama bonds, class C, have sold as high as 47; South Carolina for greenbacks, the same as coin. The text of the bill as amend¬ consols at 84, and the rejected numbers of best sort at 65. ed and passed is given below, and it is thought probable that the Railroad bonds are firm on a more moderate business. Some of House may accept and pass it without further amendment. the bonds sold at the Board most actively, and in which there is The a bill reads as follows: speculative interest, fell off with the decline in stocks, but the An act to make United States notes receivable for duties on imports general list, in which the investment demand constitutes the main and for other purposes. business, is quite firmly held, and this applies also to the numer¬ Be it enacted, &c.y That from and after the passage of this act United ous bonds not sold at the Stock Exchange. States notes shall be receivable the same as coin in payment for the 4 Messrs. A. H. Muller & Son sold the following at auction: by law toforbeduties issued; and Sjrct.centum now authorized on and after 1,1878,bonds said notes shall be receivable imports. on The money market is unchanged, and on government securities 2@2£ per cent is an ordinary rate for call loans, while on stock collaterals the prevailing rate is 2£ to 3£ per cent. For prime commercial paper 27 10 29 5 16 10 6 20 20 Shares. New York Equitable Ins.192*2 N. Y. & Boston Fire Ins... 60 Merchants’ Ins 145 Empire City Fire Ins . The Bank's about the medium value of good bills, but the Bank is free, like other banks, to charge above or below the announced rate according to circumstances. The ultimate result will be that the open market rate, not the Bank’s, will become the standard for money contracts.” The Bank of France gained 3,500,000 francs in the week. The last statement of the New York City" Clearing House banks, issued June 8, showed a decrease of $232,475 in the excess above their 25 per cent legal reserve, the whole of such excess announcements, therefore, will be understood to mean being $14,049,650, against $14,282,225 the previous week. The following table shows the changes from the previous week and a comparison with the two preceding years : 1878. Loans and dis. Specie Circulation Net deposits .. . Legal tenders. Differ’nces fr’m June 8. previous week. $236,132,900 Inc .$2,083,500 Dec. 200,000 Inc. 38,600 Ine. 2,403,900 Inc. 568,400 16,801,200 19,979,600 202,271,800 47,816,400 1877. June 9. 1876. June 10. $251,673,000 $249,370,700 19,441,700 16,162,000 223,738,500 55,078,100 15.729.100 15.810.100 210,830,500 53,060,000 Hudson, N. J 110 20 100 Broadway Ins 199% Wms’burgh Gas-Light Co. 81 The following were also sold : guar, by N. Y. Cent. & H. River RR 109*4 2,000 Troy & Bost. RR., 7s, convertible, due 1882., 85 2,000 Indianap. & St. Louis RR., 1st mort., 7s 69*4 1,000 Brooklyn Public Park Loan, 6s, due 1924....111*4 1,000 Masonic Hall and Asy¬ lum Fund, 1st mort., 7 per cent bond 90 Bonds. mort. 6s, gold, coupons on from and including Nov., 1873.. Bonds. $5,000 Long Island City $1,000 Chesa. & Ohio RR. 1st Bonds*—There was an active business in governments among the principal dealers until Thursday, when the action of Congress put a check on transactions. The bill to make greenbacks receivable for customs and to allow the 4 per cents to be sold at par in currency instead of gold, naturally has the effect of reducing the price of the latter bonds which had been selling at nearly 1 per cent above par in currency, and the balance of the list sympathizes. " The character of the business in govern¬ ments has been much the same as that recently noticed, the purchasers including both private investors and the corporations, whose takings are usually of larger amounts. Closing prices of securities in London have been as follows: May 31. U. 8. 6s, 5-20s, 1867. U. 8. 5s, 10-408 109*4 109*2 107*4 June June 7. 14. 109*2 109*2 10730 105*2 Range since Jan, 1,1878. Lowest. Highest. 105*4 Jan. 2 109 00 104*2 Feb. 25 109% 10330 Mcb. 1 107% 102*8 Feb. 25 105% June 8 Jan. 26 cer¬ tificates of indebtedness.. 70*2 30 Shares. 40 National Park Bank 93*2 Closing prices for leading State and Railroad Bonds for two past, and the range since Jan. 1,1878, have been as follows: weeks States. Louisiana consols Missouri 6s, ’89 or ’90 North Carolina 6s, old Tennessee 6s, old Virginia 6s, nonsol 2d series.. do do Dist. of Columbia, 3-65s June June 7. 14. 70 *107 *16*2 *36 *70 *25 84*12 72% 107 *16 *36 *70 *25 84% Railroads. *83 Central of N. J. 1st consol— Central Pacific 1st, 6s, gold.. 108% 108 Chic. Burl. & Q. consols 7s... 113 *113*4 Chic. & Northwest, cp., gold.. x99*8 97% Chic. M.& St. P. cons. 8. f. 7s.. 102 101% Chic. R. I. & Pac. 6s, 1917... *109*8 109% *113 *113 Erie 1st, 7s, extended Lake S. & M. S. 1st cons., cp.. *113 ...... United States 99*2 mort., 78, due 1882. Dunkirk Warren & Pittsb. RR., 1st mort., 7s, gold, due 1900, .. 5,000 110 Peoples’ Fire Ins 116 running 60 to 90 days, there is a good demand Firemen’s Fund Ins 40 at 3| to 4 per cent, and for four months’ paper at 4 to 4£ per cent. Home Ins 111 The Bank of England, on Thursday, showed a gain of £488,000 Third ave. RR.. ) Sixth ave. RR.. >$l,850forlot. in specie for the week, and a reserve of 39f per cent of the liabili¬ $1,400 “ scrip.) ties, against 37f per cent the previous week. 500 Brooklyn City RR 150 The London Times, in its financial article, recently said: 40 New York Gas-Light Co 98*2 The Bank of England has resolved henceforth to discontinue the use 200 Peoples’ Gas-Light Co. of ©f the word “minimum” in announcing the discount rate. Bonds. $2,000 Atlantic Dock Co., 1st Michigan Central consol. 7s.. Morris & Essex 1st mort N. Y. Cent. & Hud. lst,cp— Ohio & Miss. cons. sink. fd.. Pitts. Ft. Wayne & Chic. 1st.. St. Louis & Iron Mt. 1st ra— Union Pacific 1st, 6s, gold— do sinking fund.... * 109% *116 *121 *117 121 *100% *101% *120% *120% *105% ...... 108 *101% This is the price bid; no sale was 108 101% Range since Jan. 1,1878. Lowest. Highest. 69% June 8 85 104% Jan. 7 107 Feb. 11 June14 33% Jan. Mch. 29 4 18 May 25 39% May 14 74 Apr. 12 85 15 June 10 64*4 Mch. 4 84% June 11 103% Jan. 15 108% May 29 2 109 Jan. 91 % Jan. 14 91% Jan. 5 106 5 Jan. 110 7 Jan. 109 Jan. 10 105*8 Jan. 5 115% Jan. 5 7 118 Jan. 95% Feb. 20 118 Feb. 8 103 Apr. 5 103% Jan. 7 92% Mcb. 6 113 June 7 103*4 May 31 102% May 25 109% June 12 114% Apr. 20 112*4 May 27 110% Apr. 27 120 Apr. 29 121% June 5 101% June 10 121% June 13 109% May 24 108*4 May 27 103 June10 made at the Board. Railroad and Miscellaneous Stocks.—The upward course of the stock market has been broken by a sharp reaction in prices. The bull movement had continued for a long time with hardly a change in tone, and at length culminated with the final impetus given by the resolutions looking to a scrip dividend on Rock 105*4 May 29 Island, and with the spurt in the Vanderbilt stocks, which was manoeuvred just on the arrival of Mr. Vanderbilt from Europe. Closing prices at the N. Y. Board have been as follows: The nominal cause alleged for the downward turn was the refusal of the trunk-line managers to continue their pooling agreement Interest June June June June June June on east-bound freights from Chicago, and the falling off in receipts Period 8. 10. 11. 12. 13. 14. of grain at Chicago and Milwaukee. The market had become 106 *106 106 6s, 1881 reg. 106*4 106*8 *10578 almost devoid of active bear influence, and only on the break any 109 109 109 68,1881 ....coup. *109*8 *109*8 1087S *102 *102 6s, 5-20s, 1865...reg. *10178 *10170 *10178 *10100 in prices on Tuesday was there noticed any considerable amount 6s, 5-20s, 1865 .coup. 10478 *10478 *10478 *10478 *10478 *10450 of short sales, although these have been a more or less important 6s, 5-20s, 1867...reg. *104% *10478 104% 10478 10478 10478 element in the market ever since, with the usual tendency of 68, 5-208,1867 .coup. *107% 107% 10778 1077e 10778 107% short contracts to keep up fluctuations, first by depressing *107 08, 5-20s, 1868...reg. *106*2 *107 *10678 *107 6s, 5-208,1868 .coup. 11030 *110 110*4 *110*8 *11038 *110*4 prices and then by stiffening them on purchases to coyer. 68,10-40a ■'107*2 1075s *107*2 *10700 *10750 107*2 As to the reg, general outlook, it may be remarked that the dis¬ 6s, 10-408 *107*2 *107*2 10750 1070s 10700 *107^3 coup. continuance of the percentage allotment scheme among the 5s, fund., 1881...reg. *105% 105% 105% 106 106 105% 6s, fund., 1881..coup. 105% 105% 105% 1057S 106 105% trunk lines does- not necessarily mean a freight war in rates, and 4*28,1891.. 103% 103«8 10380 103% 10300 103*2 as the rate on grain was already at 20 cents per 100 lbs. from ..reg. 4*28,1891...... coup. *103*2 1030@ 103*2 10350 10300 1033s We are 4s, 1907...., *10130 X00% "10030 100*4 100*4 Chicago to New York, there is little room for reduction. reg. 48,1907 *10130 101*2 *101% 101% 10130 101*0 unable to see that any one of the four great trunk lines would .coup. 6s, cur’cy, ’95-99.reg. 11978 120 11978 120 120*8 12030 now be willing to enter upon another “ war.” The Pennsylvania This is the price bid; no sale was made at the Board. and Baltimore & Ohio companies are neither of them paying cash 5s of 1881 New 4*2 per cents ... * OO May 29 CHRONICLE. THE 594 [Vol. XXVI. -—Latest earnings reported.—. dividends, the Erie is in a delicate transition state, and Mr. Van¬ Week or Mo. 1878, V 1877. derbilt, with additional interests in the Canada Southern and 111. Cent. (IU.line).May 4444255 369,495 do Iowa lines. May 132,267 95,028 Michigan Central routes, can hardly desire to lose money on those do Springf.div.May 17,646 as well as on his other lines. Western Union Telegraph has , 103,987 107,309 been strong on the quarterly statement of earnings and dividend Indianap. Bl. AW. May Int. A Qt. North..May 80,706 82,010 of 1$ per cent. Kansas Pacific.. .1st wk J’ne Island Nothing more has been heard of the Rock 58,920 68,708 Cin.A Lex. Louisv. 64,761 April 72,997 scrip dividend. Lake Shore will earn over 2 per cent on the Louisville A Nash. April 360,000 361,372 present half year, if the last three months are about equal to the Michigan Central.March 578,432 534,213 same months in 1877, as the report in May stated that the first Minneap. A St. L.March 31,520 334,535 ^2,169 quarter of this year already showed an increase in net earnings Missouri Pacific..April Mo. Kans. A Tex .May 206,757 231,307 of $784,800. Mobile A Ohio....April., 115,325 97,037 The daily highest and lowest prices have been as follows: Nashv. Ch.A St.L. April 128,469 126,372 Frid*T June It. Thursday, June 13. Central of N.J. Chic. Burl.& Q. C. Mil. & St. r. do pref. CMc. & North. do pref. C. R. I. & Pac.. Del.* H. Canal Del, Lack. & w 105 105% 48% 50 78 77 48*-t> 7 2% 74 114% 11 56 Illinois Cent I*fce Shore Michigan Cent 66% 6 Morris & Essex N.Y.C.&H.! Ohio A Miss... Pacific Mai.... Panama Wabash Union Pacific.. West. Un. Tei Adams Exp.... American Ex.. United States 100% 110% 8% 8% 18% 18V *18% 19 *122 12 *122 14 1* 14% 1 69% 09! 69% 09j 84 k 85% 80i . .. lOS" 103 *x47 Wells, Farxo.. 103 47 48 48% . *92 9t were as The range June Jan. 1,1878, to date. Sales of Week. Shares. Central of N. J Chic. Burl. A Quincy. Chic. Mil. ASt. P.. do do pref. 7,293 4,660 79,250 15,216 57,780 29,200 .. Chicago A Northw... do do pref. Chic. Rock Isl. & Pac. .18,421 Del. A Hudson Canal 13,375 Del. Lack. A Western 101,010 Erie 147,865 Hannibal & 81. Jo. 1,320 do do pref. 1,300 .. Illinois Central Lake Shore 4,150 268,360 Michigan Central.... 16,117 Morris & Essex 8,370 N. Y. Cent. A Hud. R. 7,852 Ohio A Mississippi... 24,500 Pacific Mail 1,800 Panama Wabash Union Pacific Western Union Tel... Adams Express..... American Express.. United States Exp... 50 11,145 2,138 90,765 285 316 91 110 500 600 Wells, Fargo A Co... Quicksilver - pref Lowest. Low. Highest. 13 *2 Jan. June 4 2 32 June 7 99% Feb. 28 108 36 Jan. 2 54% May 31 68% Jan. 30 81 May 31 33% Feb. 11 55% Apr. 17 59% Feb. 9 78% May 31 98% Jan. 15 119%June 7 45 Jan. 5 58% June 10 46% Mch. 5 59% June 10 7% Jan. 5 17% June 5 10 Feb. 28 13% Apr. 16 21% Feb. 28 31% Apr. 16 72% Feb. 14 85% June 11 59% Jan. 15 39% Apr. 15 58% Jan: 3 72% Apr. 18 67% Feb. 28 89 June 10 June 11 103% Feb. 11 112 7 Jan. 16 11% Apr. 15 16% Mch. 16 23% Jan. 16 112 Jan. 5 131 12% May 9 64% Jan. 4 75% Feb. 13 Feb. 25 20% Apr. 73 Mch. 20 86%June 14 Jan. 8 104 May 10 June 14 52% May 8 Jan. 22 51% Feb. 25 June 5 82% Jan. 7 95 19% Feb. 25 35 37% 118% 40% 42% 73% 15 43% June 12 100% 101 100% 100% 101 100% 100% 101 “ “ Jane - «* 8.... 10.... 11.... 12.... 13.... 14.... Lake Shore. 2,000 14,745 12,300 35,275 6,700 39,570 12,550 39,820 12,700 103,900 11,530 35,050 West’m Union. St. „ . Paul. Ene- 4,800 12.400 18,300 18,850 23,950 17,675 14,185 11,320 11,950 16,400 22.400 37 865 30 100 19,235 18,150 18.800 101 101 . The 4 80 4 10 Five francs © Mexican dollars.. Span’h Doubloons.15 70 *'5)16 00 17 15% 33% 40% 79 45 73% 12% 80 130 51% 85% 2% 59% 73 56 91 84% 105 43% 60% 36 59% 90 81 13 24 19% 45 Mex. Doubloons.. 15 50 5)15 70 Fine silver bars 117 ® 117% Fine gold bars par. © %prem. .. |A West. 10,500 1,000 5,950 4,860 8,090 1,000 m Dakota Southern.April. Dubuque A S.City.lstwk J’ne S^Yr* Gal* H. ^•Y* * *March A S. Ant. .April Grand Trunk .Wk.end.J’ne 18,806 68,053 76,636 13,819 1,147,208 1,170,714 90,682 1 Gr*t Western .Wk.end.May31 Hannibal A St. Jo. March Houst. A Tex, C. March 19,777 86,959 77,364 17,375 149,297 78,766 174,528 70,430 67,305 49,377 347,223 248,635 428,252 3,572,637 355,721 149,046 3,735,491 77,539 1,901,580 394,808 1664*11 English silver 319,828 3,683,173 1,700,130 353,431 5) — — — 93 © — — 93 © © © © 4 75 .... — — 68 98 99 %© 98% 98% 94% 94 4 85 — 70 — — 99% — par. Exchange.—Foreign exchange is rather firm to-day on a mod¬ The bond importers are doing nothing, and the demand from merchandise importers is not large enough to use up the supply of commercial bills made by the exports of pro¬ erate business. duce. In domestic bills the following were rates on New York to-day Savannah, buying par, selling $ pre¬ mium; Charleston, easier, offerings light, 3-16@l-5 premium, $ premium; New Orleans, commercial 1-16, bank$; St. Louis, 1-10 premium; Chicago, 50 premium; and Boston, par. Quotations for foreign exchange are as follows : at the undermentioned cities: 60 3 days. Prime bankers’ sterling bills on London. Good bankers’ and prime commercial... Good commercial ,84%®4.85% 84%®4.84% Documentary commercial 82%®4.83% 83 Paris (francs) Antwerp (francs) 18%®5.15% ® 40% © 95% 40 95 95 95 95 Hamburg (reichmarks) Frankfort (reichmarks) Bremen (rei :hmarks) Berlin (reichmarcke) .... ©4.84 18%©5.15% 18%®5.15% ' Swiss (francs)... Amsterdam (guilders) . 95% 95% 95% © © © . days. 4.86%®4.87% 4.86 ©4.86% 4.85 ©4.85% 4.84%®4.85 5.16%®5.13% 5.16%®5.13% 5.16%®5.13% 40%@ 40% 95%® 95% 95%® 95% 95%® 95% 95%® 95% Boston Bank*.—The banks for following are the totals of the Boston series of weeks past: Loans. Specie. L. Tenders. Deposits. Circulation. Agg. Clear a S 124,287,300 125,030,200 128,240,100 125,299,800 125,234.700 $ 6,472,200 6,577/200 0,701,500 6,5o7,400 5,716,800 5,26%300 t 4,707,400 May 27. 123,932,500 3,959/ 00 4/<60,200 121,973/200 125,010,400 3,418,600 5,260,600 5,756,100 June 3. June 10. 4,119,100 3,211,800 $ 50,099,300 25,452.500 25,427,300 25,48*,100 25,436,390 49,803,400 3,364,000 49,874,300 3,677,500 : 48,843,800 3,445,800 48,357,960 3,766.403 48,828,200 8;857,600 49,836,900 123,879,400 123,520,100 121,485,100 $ v 45,975,800 25,207,40) 4,477,000 4,438,600 3,791,800 Apr. 22. Apr. 29. May 6. May 13. May 26. _ . - 25.539,500 2M53,200 25,099,400 48,893,500 25,378,100 50,165,800 25,44i,300 51,676,400 25,584, £00 Philadelphia Banks*—The totals of the follows: s 38,247,455 4;l,0SI,207 40, *01,403 48,436,607 41,032,580 46^77,046 42,539,787 42,634,818 87,395.431 a3,V,5.446 Philadelphia banks are as Loans. 1879. Apr. 1. Apr. 8 . Apr. 15. Apr. 22. 3,262,726 303,853 97 97%® — Pru8. silv. thalers. Trade dollars. New silver dollars June 14. Ohio A Miss. 724,587 1,132,411 1,277,002 1,523,704 888,708 quotations in gold for various coins: ® 74% 92% 109% 11% 26% : $60,228,000 $ $ .......... 64,718,000 1,033,875 1,044,279 3 90 tioned in the second column. /—Latest earnings reported.—w-Jan.l to latest date.-v 1878. Week or Mo. 1878. 1877. 1877. F l8twkJ’ne $60/K>0 $39 719 $1,307,383 $890,659 AtL AGt. West...April 276,372 303,142 1,108,863 1,103,574 Atlantic Miss. A O. April 126,931 124,646 516,508 504,495 BurLA Mo.R.in N.April 146,362 68,978 498,737 288,242 Bur. C. Rap. A N. 1st wk J’ne 21,725 17,148 714,241 376,440 Cairo A St. Louis. May 24,239 23,333 85,197 103,757 Central Pacific...May 1,574,000 1,554^653 6,407,410 6,354,471 A Chicago Alton.. 1st wk J’ne 81,885 76,719 1,733,806 1,749,479 Chic. BurL A Q.. .May 1,157,447 917,447 5,402,631 4,514,313 Chic. MiL A St. P. 1st wk J’ne 147,000 144,187 3,768,000 2,514,116 Clev.Mt. V. A D..May....... 30,388 35,868 150,791 149,005 Denv. A Rio G...May Detroit A Milw.. .April are $4 87 @$4 90 Sovereigns follows Cnrrency. 717,619 1,071,500 1,264,050 1,508,300 878,000 7,807,000 7,366,000 8,780,000 9,515,000 16,532,000 4 74 35% 135,494 438,129 1,779,551 $10,228,000 $1,350,544 $1,364,836 101 following Gold. X X Reichmarks. X Guilders 7 73,699 878,568 3,806,646 210,930 1,730,489 1,288,652 534,036 218,709 111,798 54,817 129,471 73,970 Balances. Clearings. 101 101 This week 101 100% 100% 101 101 Prev. w’k 101 100% 101 S’ce Jan. 1 102% 100% 102% 100% 1878. ings of all railroads from which returns can be obtained. The 1. columns under the heading Jan. 1 to latest date” furnish the Apr. Apr. 8. gross earnings from Jan. 1 to, and including, the period men¬ Apr. 15. ^ 100% 100% 101 were as 77 15 The total number of shares of stock outstanding is given in the last line for the purpose of comparison. The latest railroad earnings and the totals from Jan. 1 to latest dates are given below. The statement includes the gross earn¬ A 238,667 558,090 1,973,997 30% 4% ( Del. L. .. 193,645 1,685,165 1,354,627 473,953 225,141 127,080 62,954 180,248 116,595 95,230 Dimes A % dimes. Silver %s and %s. 24,500 200,000 “ 86,068 804.604 © 3 97 Total. 57,780 268,360 90,765 79,250 147,865 101,010 Whole stock. 151,031 494,665 337,874 154,042 780,000 524,000 “ 4,700 16,800 139,319 3 90 3,600 “ 642,499 564,908 78,717 Napoleons 18.300 12,200 20,400 22,310 17.300 “ 741,862 605,303 Gold Cl08. 100% 100% 101 14.. 100% 100% 100% 100% “ Total sales of the week in leading stocks were as follows: North¬ west. 31,000 19,636 74,328 1,161,101 306,570 1,659,167 1,510,737 1,193,541 37% 69% 82% 105% 25% 74% 5 98 47 46 14% June 13 29% Feb. 5 6 94 11 High - 494,306 584,595 1,048.246 1,172,810 of gold and clearings and balances 101 8.. 10.. 11.. 12.. 13.. “ Whole year 1877. 3,002 38,269 21,579 59,900 21,935 80,117 Open Low. High “ do 11,013 6,582 3.762 49,579 28,974 5,092 Quotations. the follows: 7,518 72,512 48,041 19,273 10,476 6,411 501,116 1,272,662 991,029 1,340,119 2,885,753 9,130 72,900 50,185 19,167 1,787,845 The Cold Market.—Gold was steady at 100$ to 101 most of the week, but fell off slightly on the Greenback bill, and closed to-day at lOOf. On gold loans the borrowing rates were 2£@4 per cent per annum, and 1-32 of 1 per cent per day. Silver in Lon¬ don is quoted at 53$<g58^d. per oz. 91 prices bid and asked; no sale was made at the Board Total sales this week and the range in prices since Jan. 1, 1877 are 2,044,732 633,746 74,220 530,239 510,548 1,259,031 274,445 1,705,200 1,632,445 102,395 37,308 24,202 16,424 225,827 19,336 215,090 Scioto Valley 1st wk J’ne Southern Minn...April Tol. Peoria A War. 1st wk J’ne 1st wk J’ne Wabash *14% 15 *34% ... pref. These 103 47 *48% 48% .. 94 Quicksilver.... ' Pad. A Memphis..May Phila, A Erie.....April Phila. A Reading. April St.L.A.AT.H. (brs)lstwk J’ne St. L. Iron Mt. A S.lst wk J’ne St. L. K. C. & No.. 1st wk J’ne St. L. A S. Fran... 1st wk J’ne St. L. AS.E.(St.L.)3d wk.May (Ken.).3d wk.May do (Tenn.).3d wk.May St. Paul AS. City. April Sioux City & St. P. April pref, do 59,229 24,970 Pad.AElizabetht.May do Erie..... Han. * St. Jo.. do Northern Pacific .March... Jan. 1 to latest date. 1877. 1878. Apr. 29. $ 58,197,273 68,971,947 59,008,491 68,705.684 53,101,043 May 6. May 13. 59.125,807 57,741,781 May 20. 57,480,896 57,106,350 May 27. June 3. June 10. 57,141,428 57,880,687 Specie. L. Tenders. Deposits. Circulation. Agg. Clear $ $ * $ 2,859,978 11,453,567 43,708,833 11,071,302 28,596,71? 2,367,819 10,882,460 43,355,521 11,107,27) 37,19 <,882 2,247,298 10.908,667 44,0c8.538 11,121,752 81.635,152 2,023,537 11,028,622 44,198.780 11,151,56 > 89,035,168 2,001,690 11,700,672 11,531,781 11,574,516 2,000,725 11,679,304 2,002,175 12/231,928 1,937,813 12,723.700 1,948,551 12,777,652 2 082,583 2,082,914 44,235,537 11,132.886 11,128,033 11,125,980 44,154,801 43,987,692 44,139,418 11,109,920 43,880,408 11,063,797 44,931,979 11.069,120 44,814,241 28,521,062 30.507,640 2 .046,400 82,781,584 *0,126,228 26,600,606 004 on am New York: City 595 THE CHRONICLE. 15, 1878.] JtruE condition of the Associated Banks of New York City ending at the commencement of business oh June 8, Etc.-Continued. BOSTON, PHILADELPHIA, Banks.—The following statement shows the for the week 1878 : Bid. Ask. BSOUBXTIXS. Bid. Ask, 8XOURITIB8. AVERAGE AMOUNT OT New York Manhattan Co.... Merchants’ Mechanics’ Union America ... Phceaix Otty Trad smeu’s Pulton Chemical.. * .. Merchants’Exch. Gallatin National Batchers’ & Drov. Mechanics’& Tr Greenwich .. Leather Mar.nf’rs Seventh Ward.. State of N. York. American Exch.. Commerce Broadway Mercantile Pacific Republic Chatham People’s........ North America.. Hamover Irving • Legal Net CirculaSpecie. Tenders. Deposits. tion. $ $ $ $ Loans and Capital. Discounts. Banks. 7... Metropolitan Citizens’ Nassau Market St. Nicho’as Shoe and Leather Com Exchange Continental.. Oriental ... Marine $ $ 3,000,000 8,467,500 2,426,800 835,200 2,(50,000 5,122.800 568,400 2,612,000 509,100 2,313,000 3,000,003 8,030,000 2,000.000 6,458,200 242,SCO 795.200 1,200,000 3.933,900 201,ICO 746,300 3,000,000 8,392.203 939,3C0 1,381,000 1,000,000 2,295,000 199,000 247,000 1,000 00) 5,443,700 1,273,200 3.295,0r0 288,500 200,800 1,C00,000 3,254,20 ) 6)0,000 1,663.700 78,000 645,900 300 000 9,138,4 0 772,800 1,622,600 1,000,000 3,183.200 193,800 469,200 1,500,030 3,789,000 242,500 383,800 500.^00 1,351,000 85,000 215,000 6^0,003 1,403,000 25,O X) 230.0)0 876,400 200,000 5,400 163,200 600,000 2,425,600 257,703 318,100 878,800 300,000 118,700 174.300 800,000 1,578,200 263,800 559,500 5,000,000 11,238,000 873,000 1,720 000 5,000,000 14,639,000 1,064,000 2,586,1- 0 1,003,000 4,530, 00 92,40) 892,200 1,000,000 3,217.400 2(3,600 572,700 432,700 2,017,000 33.400 551,800 1.500,000 3,066,900 160,103 502,300 450,000 2,740,500 201.100 54*,900 412,503 1,2!0.90S 13,600 186,800 700,000 1,607,100 72,000 279,000 1, 03,000 5,190,900 100,200 1,069,400 83,800 411.400 500,000 2,049,100 3,000,000 12,241,000 613,000 1,678.000 1,761,500 600,000 91,4'JO 463.200 1,0X1,000 1,896,10) 4%800 2*6,300 1,< 00,000 2,550,000 45,300 891,500 1,000,0 0 1,904,200 88,200 193,700 1,000,(0). 3.424,00) 321,000 441,(00 1,000,000 3.403,000 79,900 240.(0) 1,‘250.000 3,716 300 23,800 740,100 300,000 1,248,900 22,700 230,00) 400.000 2,084,000 119,000 388,000 Importers’&Trad 1,SOO,OCO 15.276.000 811,200 3,401,200 Park... 2,000,000 11,166,5)0 717,900 2,567,200 Mech. Bkg. Ass’n 500,000 633. *00 20,900 83,300 Grocers’,;. 300,000 5.8,300 2,800 186.900 21,500 123,500 North River 240,000 787,900 EastKiver 350,000 74,6CO 719,800 110,100 Mannf’rs’& Mer. 356,200 3,800 114,400 100.000 Fourth National 3,5^0,000 12,938,400 1,038,600 l,88t,100 Central National. 2,000,000 6,647,000 213,000 1,935,000 Second National. 303,C00 2,022,000 499,000 759,000 3 142,000 Ninth National.. 97,600 761,900 Fit-1 National... .500,000 7,122,9C0 439,000 2,434,7n0 Third National.. 1,009,060 5,211,200 167,400 1,141,900 N. Y. N»t. Exch. 800,000 1,120.200 29,800 158,300 Bowery National. 250,000 1,072,300 6,000 230,000 New York County 2^0,00) 1,050,400 819,800 German Americ’n 280,103 750,000 1,902.700 122,40) — ... 40,000 7,000 P4.900 168,0€0 135,000 1,100 240,403 776,SCO 8,054,200 5,534 600 7,120,SCO 4,637,400 3,02i,000 6,511,700 1,876,000 6,605,300 1,931,700 1,408,700 9,261,500 2,418,400 l,966,7t)0 ..... 612,100 384,000 806,000 198,000 2,700 261,200 54,700 45.000 206.0(0 1,920,400 891,700 180,(03 97-',000 1,000,000 796,500 1,978.800 970,100 1,703,900 8,0)1,000 8,648,500 3,0 9,803 2,932,700 2,024,000 1,718,200 450.000 2,623,000 3)3,703 1,059,803 5,400 1.429 501 4,730,400 4^5,0 0 2,023,300 78,300 *,862.000 2,-65,000 1,895 200 232,000 1,664,900 3 900 1,656,HX) 306,300 755,10) 495,200 2,614,000 525,3 )0 1,>8«,20) 4.700 2,842.200 7:0,400 1,130 400 . .. 1,^5:,0)0 318,000 16,181,600 1,101,400 12,806,000 540. 01) 4 0,600 303,8 >0 546,500 721,300 ..... 582,100 97,600 422,6C0 10,551,700 1,051.4’) 6,042,000 1,887,000 2,039,000 *70,0-0 3,169.300 ( 00,0:0 8,098,900 450,.(0 4,843,403 794 C00 726,400 269.200 802,COO 224.000 1,192,70) 180,0.0 1,736,700 19,979^630 $$$$*$. 1877. Ddc. 29. 1878. /an. 5. Jan. 12. Jan. 19. Jan. 26. Feb. 2. Feb. 9 Feb. 16. Feb. 23 Mar. 2. Mar. 9. Mar. 16 Mar. 23. Mar. 30, 239,178,900 22,122,4(50 35,300,500 197,711,800 19,657,800 324,336,660 239,256,400 239,986,300 236.981,200 238,404,300 241,275,500 243,057,300 242,859,900 243,659,100 246,456,200 246,820,800 . 25,207,500 27,093,200 28,477,500 30,198,600 81,230,000 32,146,900 33,011,600 82,379,400 83,326,400 87,116,900 242,978,900 89.545,900 241,566,700 39,687,500 241,590,900 88,767,600 240,649,100 36,620,700 236,018,400 35,486,900 232.118,400 85,935,900 230,801,500 8.',585,100 229,936,400 30,051,900 232,030,700 27,469,500 233,122,600 23,030,200 233,997,200 19,827,100 231,049,400 17,001,200 236,132,900 16,801,200 . . Apr. 6. Apr. 13. Apr. jK). Apr. 37, May 4 May 11. May 18. May 25. . Juhe 1. June 8. 34,612,000 201,981,500 19,787,100 412,729,867 84,804,000 203,666,000 19,861.600 408,812,618 37,189,300 205,972,300 207,171,200 210,301,700 211.713,000 212,132,000 210,891,600 213,933,400 215,155,900 215,085,100 211,938,500 210,378,400 26,637,000 204,663,200 28,666,100 201,926,600 82,186,000 202,053,400 34,983,800 200,875.000 86,435,800 199,074,000 33,612,000 301,038,000 41,020.100 199,686,100 44,023,900 198,985,300 47,248,000 199,867,900 47,816,400 202,271,800 37,231,203 37,382,200 84,877,000 34,845,600 33,978,000 33,137,900 80,655,900 80,326,200 29,605,700 29,425,400 19,841,800 19,798,103 19,761,300 19,687,100 19,781,200 19,806,900 19,838,500 19,885,100 19,910,700 19,906,300 19,912,300 19,944,600 19,959,200 19,982,400 20,021,800 19,998,8(X) 20,033,100 20,012,300 20.005,800 19,941,000 19,979,600 Portland Saco A Portsmouth jsaciand, common do 4,8,472.874 378,019,773 340,214,147 344,105,462 343,070,824 289.487,491 400,609,680 877,110,111 401,592,977 373,731,072 859,853,328 441,442,055 381,415,325 426,ISO,360 419.201,399 439,525,545 361,572,687 382,688,684 351,364,165 839,022.452 374,239,182 102 102*4 102 85 Phll.ATL, m.78, reg. A cp..'92-S 89 94 85* ~7* "7* preferred Vermont A Canada Vermont A Massachusetts Worcester A Nashua 111 Union & TItusv. 1st m. 7s, ’90. UnitedN. J. cons.m.Bs.vf Warren A F. 1st m.7s,’93....: West Chester cons. 7s, *91West Jersey 6s,deb7,coup.,’83 30* PHILADELPHIA. STATE AND CITY Bid. Ask. Bid. Ask. 8K0UBITIB8. Old BOSTON. iiV* • • Camden City 6s, coupon do 7s, reg. A coup Delaware 6s. coupon H BALTIMORE. 68, exempt, 1887 ... xllO 112 do 6-, 1890, quarterly.. do os, quarterly Baltimore 6s, tS84, quarterly. xl05 107 28 xl07 110 do 6s, :886, J.&J 8 Xl03 108* do 6s, quarterly... 189), 34* 100 do 6s, park, 1890, Q.—M. 108 32* 110 115 do 6s, 1893, M. AS do RAILROAD STOCKS. Camden A Atlantic..... do do pref Catawlssa 20 27 pref do do new n pref Delaware <s Bound Brook.... East Pennsylvania Elmira <s> Williamsport do do Har. P. Mt. Joy A pref.. Lancaster. 89 1900, J. A J 1902, J. A J folk water, 8s do do 41 • • • Siinehlll 47* 48* Nesquehonlng Valley pref North Penney 1 vanla Pennsylvania Philadelphia & Erie. Pnlladeiphla A Read ng Philadelphia A Trenton Phlla.Wuming. A Baltimore. Pittsburg TItusv. A Buff United N. J. Companies West Chester consol, pref.... West Jersey CANAL STOCKS. 5 37* 37* 42 45 95* u 16 35 36 29* 29* 16* do ucru <jeuinu *5 5* 123* 123 22 18 . do “16* ........ 50 121 Pennsylvania .. Schuylkill Navigation .... . • *w • "e* pref... do 6s Omaha A 8. Western, 8s .... Pueblo A Ark. Valley, 7» Massachusetts5s, gold....... Rutland 8s. 1st mort Venn’t C. 1st m., 7s. Vermont ds Canada^new 8a.. Vermont A Mass. KB., 6s..... ................. RAILROAD BONDS. 108* .. 7s, E. ext., 1910 85 28 Inc. 7s, end., *94. 24 Belvidere Dela. 1st in., 6s,con. 103 *0 2dm. 68. ’3i.. 101 95 do 3d m. 6s, *37.. 94 Camden AAmboy 6s, coup,'83 103 102 do 6s, coup., ’89 101 do mort. 6s, ’89 103* 109 108* Cam. A Atl. 1st m. 7s, g., 1903 108 102 do 21 m., 7s: cur.,'80 101 100 Cam. A Burlington Co. teW. Catawlssa lst,Ts, conv., ’o2... do chat, m., 10s, ’88 . 105 do new 7s 1890 103 Connecting 6s, 1900-1904 do do Vermont #s Boston 6s, currency...... Ao . 5s,gold ... Chicago sewerage 7i.« * * -. * 'do Municipal 7s Portland6» 116 At chi -on Tcpeka 1st m.7s..... land grant 7s 2d 7s 104 do land Inc. 8s.. 107 v ; Boston a Neb.8s, 1883 Fitchburg RR *-*'“* ‘ • ' do - r , do 7s, Inc tealMVew.-..::: OgdensbnrgA Lake Ch.8s... ..... 8ft '8* 72 Concord Eastern Eastern 130 (Mass.). ..4 (New Hampshire)... Fitchburg^ 106 ?S ; . 183 ... 112* Connecticut River Conn. A Passnmpsle. lie City Top. A W.'^s/lst” 10514106 do A Albany A Loweh A Maine. ..... A Providence. 88 14H «... . 137 38* 40 7* 8* 118* 114 .4 Manchester A Lawrence Nashua A Lowell. Few York A New England.. . Northern of Few Hampshire 87 131 Norwich A Worcester. *.... Ogdensb. A L. Champlain 3* 32* 132 98 do os, 94 96 105* oa, oato 100 68,1900, A.AO. do 6s, gld, 1900, J.AJ. 95 99 V7CU. Ohio 6s, 1st m.,’90,M.A 3. W. Md. 6s. 1st m., gr.,’90,J.AJ. 108 100 do 1st -m., .890, J. A J... do 2d m.,guar., J.A J.... 108 do do do 2d m., 60 pref 2dm.,gr.by W.Co.J&J 103 6s. 3d in., guar., 108 t-2 J.A J. 102 96 100 110 105 110 65 106 110 82* do 2d,M. AN ....... 27* 28 do 12* 13 8s, Sd, J. A J Union RR. 1st, guar., J. A J.. do Can-on endorsed. MisoxLLANXoTJS. 103 Baltimore Gas certificates... 100 14 15 CINCINNATI. .... ... Dan. H. A Wilks.. 1st., 7s, ’37.* Delaware mort., 6s, various.. 104 Del. A Bound Br., 1st, 7s. 1905 92 102* East Penn. 1st mort. 7s, *88 108 E1.A W’msport, 1st m., 7s, 'SO. 107 do lstm.,5s,perp. Harrisburg 1st mort. 6s, ’83,. H. A B. T. 1st m. 7s, gold, ’90. O 2d m. 7s, gold, ’95. do do 3d m. cons. 7s, *95* Ithaca* Athens 1st g d, 7s.,*90 Junction 1st mort. 6«, *82 do 2d mort. 6s, 19J0 L. Sup. A Miss., 1st m., 7*. g.* Lehigh Valley, 6s, coup.. 1898. 103 do 6s, reg., 1891... 108* 114 do 7s, reg., 1910, 9ft do con. m., 6s,rg.,lS do 6s,cp.,is do Dayton A West, lstm., *8t...f ... • ... 1st m., 1905 . 1st m. 6s, 1905 Ind.Cin. ALaf. 1st m.7s.....« do do 109 • • * • • "so do • •• • 108* 109* 114* 97 96 .... • • • • do 2dm.7s,cp., *96. 111* gen. m. 7s, cp., 1903 do gen. m. 7s, reg., 190*. Oil Creek 1st m. 7s, coup.,*8*. do do scrip.... 104 106 83 107 106* 85 ill Pennsylvania, 1st m., cp.,*80.. do gen. m. 6s, cp., 1910 109* iio 110 do gen. m. 6s, 1 g., 1910, 1C0 93 do cons. m. 6 s rg., 1903 13 do cons. m. 6s. cp., 1905, do Navy Yard 6s, reg.. Perkiomen 1st rn.6a.coup.?!)'* Phila. A Erie 1st m.6s, cp.,*8i. 101 do 2d m 7s, cp., 104 Phila. A Read. 1st m. 6s, ’43d) do i‘10 2d m.,7s, 'i do do deben., cp., ’93* 40 do do cp. cff.. 20 61 do scrip, 18#. (5 do ihV* 105 102 .. . r * ■» • In default of interest. 93 96* 93* 96 98* Dayton A Michigan stock.... do 8. p.c. st’k, guar 85 87 Little Miami stock t 101 + 98 Louisville 7s do 6s, ’82 to *87 do 6s,’«7t0’98......... 98 98 do water 6s,’87 to *89. do water stock 6s,^.t 98 do wharf6s ..t 98 do spec’l tax 6s of ’89.+ 98 Louisville Water 6s. Co. 1907 + 101 Jeff. M.AI.lstm. (1AM) 7k,*811 85 do 2dm., 7s..:.. do lstm., 78,1906....+ 105 Loulsv. C. A Lex. 1st m. 7s,’97. ex past-due coupons...,...+ 103 Louis.* Fr’k.,Loulsv.ln,6s,’8! Loulsv. A Nashville— Leb. Br. 68**86. + 98 1 st m. Leb- Br. Ex.,7s,’80-S5.+ 98 Lon.In. do 6s,’S3...+ 96 Consol. 1st m. 7s, *98 Jefferson Mad. A ind. ST. * 65 off.... • *• * • •• (I.AC.) lstm.7s,*88 92 103* 10ft 99 99 99 103* 104 stock. Louisville A Nashville stock. ... scrip, 1387 90 82 '87* 38 ' do cons. m. is, cp.,t9t*.. 100* 101 do cons. m. 7s, rg.,19‘.l.. 100* 101* do co s.m.6s,g.t.i9.1.... £4 do conv.7s,rg.Acp.!898‘ £0 do 78, coup, off,’93 30 do scrip, 18S2... ...... ’hlla.A Read. C.A I. deb. 7s, 2 *37 do 98 92 LOUISVILLE. » 46* 48 110 03* 90 100 b7 78 Little Miami 6s, ’83 Cin. Ham. A Dayton stock.. Columbus A Xenia stock • • • 2d m. 7s, ’84. 3d m. 7s, *83. do do . do deb.7s.coup. 87: 131 88 104 105 108 ••• .... 33* 121* 121* 75* A Topeka Cheshire preferred Cin Sandusky A Clev.... ... Passnmpslc, 7f, 189. 14 Burlington A Mo. In Neb Albany 7s.......... oorl. A Mo., land grant 7s.... V do 7 Neb.8s, 1891.,... Kan. Boston Boston Boston Boston 104* do Boston & Lowell78.14* Boston A Maine 7s .i... do 77 stocks. ... Ateh. A do do . »(* 100 104 101 94 96 Cincinnati 6s 103 105 do 7s 106 108 do 7‘30b 90* MO* do South. RR. 7*30s.84 86 do do 6s, gold 95 Hamilton Co., O., 6s. long.. 7 100 ioo do 7s, Uo5yrs<. 108 7 A T’Oto, long. 104 do 70 !00* 102 9ft 97 2dm. 7s,’d5.. do 80 37 95 97 is.. 70 73 2d m.7s, \7... do 105* 104 106 • 103* 110* 103 ioa* Susquehanna Allegheny Vai.,7 3-10s, 1895 BONDS. A Ohio 6s, 1880, J.AJ.. do 6s, 1885, A. AO. 124 , pref BAILS->AD 15* 15* 123 Chesapeake A Delaware Delaware Division. Lehigh Navigation. 77 79 do Wash. Branch.100 XllO 135 5 do Parkersb’g Br. .50 15 hern Central 50 14 5 tern Maryland 50 23 25 5 8 7 115 112 112 111 Par. RAILROAD STOCKS. *1 i* 113 X109 xlOU 110 6s,exempt,’9S,M.&S. do .... *80 Huntingdon A Broad Top... do do pref. Lehigh Valley Little Schuylkill Norristown Northern Pacific, X107 109 xyland 6s, defense, J.A J.. rrtsburg City 6s,coupon.. Il8 ~ Colony, 7s. Maine6s Few Hampshire 6s fc3 Penna. 5s, g’d, int.,reg. or cp. 107 do 1st m.6s, cp.,’96. 105 do 58, car., reg 1st m. 7s, *97 «9* 99* do do 5s, new, reg., 1892-1932 Western Penn. RR. 6s, ‘.893... ios do 68,10-15, reg., 1'77-’82. 107 do 6s P.B.,’96 do 6s, 15-35. reg., 1882-’92. 113* 114* CANAL BONDS. do 6s, In. Plane, reg.,1879 Chesan. A Dela 6s, reg., ’86.. Philadelphia, 5s reg. Delaware Division 6s, cp.,’18. 108 do 6s, old, reg... high Navigation «a, reg.,*84 103* 104* do 6s, n., rg., prior to’95 iia 112* V do RR.,rg.,’9: 103* 104 do 6s, n., rg., 895 A over 113* 113* 96 "Vdo co_v. g., r» g.,’94 Allegheny County 5s, coup... do gold, V7.:.. 01* 02 Allegheny City Vs, rear do cons. m.7s,rg ,191! Pittsburg 4s, coup., 1913 Morris, boat loan, reg., >885.. do 5s, reg. A cp., 1911. 84* 85 60 do 6s, gold, reg 87 do 7s, w’t’r ln.rg. Ac *- 101* ioi f8 63 do 2d m. 6s, 190 80 no 7s, itr.imp..reg.,’S3-$8* do 6s, boar. A car, 19:8 47 N. Jersey 6s, reg. and coup... 65 do 7s, boat A car. 19 5 54 do exempt, rg. A coop. Susquehanna 6s, coup.. 19.8 .* Camden County 6s, coup 108* saouBiTiaa. 80 .. BONDS. • POTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES. gf* 05 94 108 10 . Morns.... 65,525,230 236,132,903 16,801,200 47,816,400 202,271,800 The deviations from returns of previous week are as follows : Loans Inc. $2,083,530 I Net deposits Inc.. $2,405,900 Specie Dec. 2(0,000 Circulation Inc.. 33,600 568,400 | Legal tenders Inc. The following are the totals for a series of weeks past: Loans. Specie. L. Tenders. Deposits. Circulation. Agg. Clear, Total Ogdensb.AL.Champrn.pref.. Old Colony *••• LOUIS. do 101 108* ... 104 water «s, gold...... 103 do do new/-.103* 104* bridge appr., g. 6s +’ 103 104 renewal, gold, 6s.f 108 104 ao sewer, g. St.Lonis 6s,lo g do do do 6.1, ’9-2-S.t St. Louis Co. new park, g.6s.+ do cur. 7a : + St.L.A Ban F. RK. bds, ser’s A do do do B do do C do . t And Interest. 103 103* 103* 105 *44 25 23 47* «••• 28* 596 THE CHRONICLE, fVoL. XXVI, QUOTATIONS OF STOCKS AND BONDS IN NEW YORK. XT. 8. Bonds and active Railroad Stocks are quoted, on a previous nocxims. Bid. Ask. Alaoama 5s, 1883. do do do do do do Jo r Louisiana to 5s, 1886. 8s, 1886. 8s, 1888 .... . • 8s,M.AE.RR.. 8s, Ala. A Ch.K. . 10 8s of 1892 8s of 1898 A rkac«AS 6s, funded. do 7s, L. R. A Ft. S. lse do 7a Memphis A L.R. do 7s,L.K.P.B.AN.O 30 8 8 8 8 8 7s, Miss. O. A R. R 7s, Ark. Cent. RR... Connecticut 6s Georgia 6s do 7s,new bonds.... do 7s, endorsed. ... do 7s,gold bonds... Illinois 6s, coupon, 1879... do do do Bid. SBCtTBITlBS. . . . f 102 110 108* - - “ T 1(8 102% i*04 102% 102% war loan... , Kentucky Is , r at , t do do da do do do do do do V2% 7s, small 70 do do do do Railroad Stocks, (Active previ'usly quot'd. Albany A Susquehanna.. Burl. C. Rap. A Northern Central Pacific Chicago A Alton do pref... 79 ‘‘9 Cleve. Col. Cln. A I Cleve. A Pittsburg, guar. Col. Chic. A I. Cent Si «8* ... Dubuque A Sioux City. Erie pref Harlem Joliet A Chicago 102% 104 106 106* 10C% .. or Un.,due 1892 Fnndimr, due 1894-5 Han. A St. Jos., due 1886.. do do 1887 AND 4 148 - -1* - jfc 105 . tt a a • 120 • c» • • a a 105* 106 103* 104 STOCKS AND Non-fundable bonds do g* 9 104 106 104* Hartford 6s, various do 94 Illinois Central— Dnbnque & Sioux City,lstm *’06* do do 2d div. *109 92 Cedar F. A Minn., 1st mort.. 18* Indlanap. Bl. * W., 1st mort... 05 do Water Rochester C. Water bds., 1903 Toledo 8s. 1889-’94 Toledo l-80e.. Yonkers Water, due 1908.. . .... .... ...... Sulncy & Warsaw 8s S. Carolina con. 6s (good). Rejected (best sort)... Texas to, 1892 . ... Bonds A and B no* Endorsed,M. A C. RK. no* Mobile 58 (coups, on) IB 8s Petersburg to 8s Richmond 6s Savannah 7s, old 7b new. W 101 Consol., end.by Savan’h ...... Georgia RR. 78............ 6s btock ....... Greenville A Col. 7s, 1st m. 7s. gnar Macon A Augusta bonds.. 2d endorsed Stock.... Memphis A Cha’ston 1st 7s 2d is... 44 45 72* 73* 47 45 101 101* 86 [ 82 70 103 62 106 102 98 63 79 104 9S 95 61 99 80 40 40 40 20 20 38 70 35 85 35 ••• 80 90 75 32 36 36 88 34 40 38 • • *vi • 93 98 1C5 5*7* 50 52 58 • *65 ••• 85 8 20 10 60 01 40 35 106 8** *30* 105 50 70 104 85 85 57 74 *88 . 90 .00* 102 50 1C7 - IC9 94 97 62 70 90 *33 37 *96 '98 *08 100 88 85 8 38 ICO ................ tto ck 6 > Memph. A Little Rock 1st Mississippi Cent. 1st m. 7s 2d mort. 8s 2d mort., ex coupons.... Miss. A Tenn. 1st m. 8s, A. 1st mort., 8s, B Mobile A Ohio sterling 8s Sterling ex cert. 6s ..... 8s, interest 2d mort.8s N. O. A Jacks. 1st m. 8s.. ...... Certificate, 2d mort. 8s., Nashville Chat. A St. L. 7s Nashville A Decatur 1st 7s N orf01k A Petersb.lst m^s 1st mort. 7s.. 2d mort. 8s Northeast., 8.C., 1st m. 8s. .2d mort. 8s Orange AAlex’drla, )sts,6t as,6s. Sd8,8s 4ths,8s. Klchm’d A Petersb.lst 7s.. Rich. Fred. A Potomac to. mort. 7s Rich.* Danv. 1st consoles ••• .. Southwest.,Ga xonv.7s,'86 Southwestern, Ga., stock. S. Carolina RR. 1st m. 7s.. 78,1908 7s, non mort... ......... Savannah A Char .1st m. It Cha’ston A; Sav. 6s, end. West Ala. 2d m.8s, gnar.. 1st mort. 3s,... _ ....... , PAST * Um’ton,N.c’M6s,g.) coup Carolina Cent. 1st m. 6s,g. Cent. Georgia con80l.m. 7s Stock Charlotte Col. A A. 1st 7s. Cheraw A Darlington 6».. East Tenn. A Georgia to.. E. Tenn.A Va. 6s.end.Tenn E. Tenn. Va. A Ga. 1st. 7s. Stock ios* . 59 58 102* • 8s, gold I on. RAILROADS. Ala. A Chatt.lst m. 8s,end. Receiver’s Cert’s (var’s) Atlantic A Gulf, consol... 78 105 ioo* t And accrued interest. 54 95 104 •••••• . nominal 66 57* • Wharf improvem’ts, 7-30 Norfolk to , x rice 42 63 33 Nashville 6s, old to, new New Orleans prem. 5s Consolidated 6s Railroad, 68 75 104 100 i03* * 84 New 8s . . 84; (coupons on) 6s, funded Montgomery, new 5s 59 20 i09* . *4 4% 84 M.A8. tlOl Waterworks Augusta, Ga., Ts, bonds. Charleston stock 6s Charleston, 8. C., 7s, F. L. 87 Columbus, Ga., 7s, bonds. 101* Lynchburg 6s 10!* Macon bonds, 7s Memphis bonds C.... 111 - • 25 7b, gold, 1892-1910..J.AJ. tiio* HI* 7s, gold. 1904 J.AJ. till* 112 102 10s, pension, 1894.. J.AJ. tlOl CITIES. Atlanta, Ga., 7s 98* 102 8s.. .. do mort., Ts, 1907 MX 59 registered Georgia 6s, 187S-’89 .... 2 70 small STATES. Alabama new consols, A., B, 5s... C Ts, 1 ong.... Oswego 7s.. PoughkeepsleWater * |98* 3S% 27 23 23 South’!! Securities (Brokers' Quotations.) do do 2d mort. Long Island RAILROADS. Lake Shore— Missouri Kansas A Texas Atchison * P. Peak, 6s, gold.. Mich S. & N.Ind., S.F., 7 p.c. *109* New York Elevated RK. Boston & N. Y. Air Line. 1st m 155 N. Y. New Haven A Hart Cleve. * Tol. sinking fund.. 155 111* Bur. & Mo. Riv., land m. 7s.... do *109 Ohio A Mississippi, pref new bonds do convert 8s. var. ser P’ville *105 Cleve. & Ash., old bds Fitts. Ft. W. A On., guar. 95% 05% Cairo* Fulton, 1st 7s,gold... 110 do do do do new bds special California Pac. RR., 7s, gold 110 Buffalo * Erie, new bonds... Rensselaer A Saratoga ioo ioi do 105 6s, 2d m. g Rome Watertown A Og. Buffalo * State Line 7s Canada Southern, 1st m. coup. Kalamazoo & W. Pigeon,1 st 102 St. Louis Alton A T. H... Central do Mon. & Pacific, do Det. conv 7s, Tol.,1st 7s, 1906 pref 108* Central of Iowa lstm. 7s,gold Belleville* So. HI.,pref Lake Shore Dlv. bonds no* Keokuk & St. Paul 8s ’ St. L. L Mt A Southern.. do Cons. coup.. 1st. *113 6% do Cons, reg., 1st. BLL.K. C. & North’n.pref no* 110% Carthage* Bor.8s Dixon Peoria * Han. 100 8s.. Terre Haute A Ind’polls. do Cons, coup., 2d.. 10j% do Cons, reg.,2d.... 100* 100* O. O. A Fox R. Valley 8s. Ipq United N.J. R.*U. 122* Marietta * Cln. 1st mort... KllscePous Stocks. llnols Grand Trunk .... *109* Atlantic * Pac. Tel 23* 24* Mich. Cent., consol. 7s, 1902 Chicago * Iowa R. Ss.... do 1st m. 8s. 1882, s.f. 110% Am. District Telegraph.. Chic. & Can.South lstm. *778. do Canton Co., Baltimore.... *15 equipment bonds. Chic. * East. HI. lBt mort., 6s New Jersey Southern lstm. 7s American Coal 28 do .2d m. Inc. 7s. do do consol. 7s Consolidate Coal of Md Chic A Mien. L. Sh. 1st 6«, *89. N. Y. Central 6s, 1888 Cumberland Coal * Iron. 103% 104 Chic. A S’thwestern 7s, gnar.. do 6s, 1887 107* 108* Maryland Coal 9% 12 Cln. Lafayette & Chic., let m.. do 154 to, real estate., 103* Pennsylvania Coal Col. * Hock V. 1st 7s, 89 years, do 6s, subscription, 103* Spring Mountain Coal... do 1st 7s, 10 years, do A Hudson, 1st m., coup 121 123 Mariposa L. A M. Co do 2d 7s, 20 years.. do do do do lstm., reg. *121 pref Connecticut Hudson R. 7s, 2d m., s.f., 188 i;3% 114* Valley 7s Ontario Silver Mining.... 36* Connecticut Western 1st7s.... 119 Harlem, 1st mort. Ts.conp.. Railroad Bonds. Dan. Urb. Bl. A P. 1st m. 7s, g 119 do do 7s. reg... (Stock Exchanue Prices.) North Missouri, 1st mort 106% 107% Denver Pac., 1st m.7s, ld.gr..g. Boston H. A Erie, 1st m.. 14 15 Ohio * Miss., consol, sink. fd. 101 - 101* Denver & Rio Grande 7s, gold. do guar. 13 14* do consolidated.... 10J 101* Des Moines A Ft. Dodge 1st 7s. Bur. C. R * North., 1st 5s. 69 69* 59 do 2d do 60* Detroit & Bay City 8s, end Minn.* St.L.,lst Ts gua 85 Erie & Pittsburgh let 7s. do 1st Spring, dlv. Chess, a Ohio to, 1st m.. *29 31 do con. m.. 78.. Pacific Railroads— do ex cour do 108 Central Pacific gold bonds, 7s, equip... 108* Chicago * Alton 1st mort iVe* 116% Evansville 91 & do San Joaquin brar.cb 91* Crawlordsv., 7s.. do Income *104 do Cal. * Oregon 1st 92* 02* Evansville Hen. * Nashv. 7s... Joliet * Chicago,1st m. 110 107 Evansville, do State T. H. * Chic. 7s. g. Aid bonds., La. * Mo., 1st m., guar.. 97* Flint & Pare M. 8s,Land grant. 02 94 do Land Grant bonds.. St.L.Jack.* Chic.,1st in. 105 Fort Western Pacific bonds..... W., Jackson & Sag. 8s, ^89 103* 104 Chic. Bur.A Q. S p.c.,lstm 113 115 Grand R.A Ind. 1st 7s, I.g., gu. 94 Southern Pac. of Cal., 1st m do consol, m. 7s 113* do 10 108 Union ist7s,l.g.f notgu. Pacific, 1st mort. b’de do 58 8. f 95 do 1st ex 1. g.Ts. do Land grants, 7s. 10 107* Ch.Ek.1 AP.,s.f.lnc.6s,*S5 Grand River Valley 8s,1st m*. do 101% Sinking f and... 6s, 1917, coupon 109 Houston * Gt. North. 1st 7s, g Pacific R. of Mo., 1st mort... 104* i04% 6s, 1917, regist’d *109* 109* 97 do 2d mort 09* Hous. * Texas C. 1st7a, gold.. Central of N. J., 1st m., n. 113* 114r do West, dlv do Income, 7s. do ' do 1st consol 84> do Waco do 1st Caron’t B do do assented, 71* do 86 87 consol, bds.. South Pas. of Mo., 1st m do do conv. 82 Penn. RR— Indianapolis * St. Louis 1st 7e do do assen'ed. 67* Pitts. Ft. W. A Chic., lstm.. 120* 121* Indlanap. * Vlncen. 1st 7s, gr.. Lehigh A W. B. con.guar do do 2d m.. 116* International ^Texas) 1st g do do assented. 42 Int. H. A G. N. conv. 8s do do 107% 8dm.. Am. Dock * Imp. bonds Iowa Falls * Sioux C. 1st 7s... Cleve. & Pitts., consol., s.f. do do > ssented. 109 Jackson Lans. * Sag. Ss.lstm. do 4th mort.... ChJMll.A St.P.lst m.8sJE\D 123 Kal. Allegan. * G. R. 8s, gr.. 40 Col. Chic. A Ind. C., 1st mort 38* do 2d m. 7 8-10, do 110 14 Kalamazoo * South H. 8s, gr. do 2d mort *12 do do 1st 7s, $g.,KJ) 106% Rome Watert’n A Og., con. 1st 32 Kansas City* Cameron 10s.. do 1st m., La C.D. Kansas Pac. 7s, g..ext. M*N.*99 St. L. * Iron Monutaln, 1st m. 105* ioo do lstm.,I.*MJD do Is, g., Id gr.,J&J,’80 do 2d m.. *60 do do lstm.,1. * D. do 7a, gSt. L. Alton * T. H.,lst mort. HI* do MAS,*86 do lstm.,H. *D. do do 2d 85* do mort.,pref.. to,goidtJ.AD., 1896 lstm., C. &M. 108* do to, do F.AA., 1895. do 2d mort. lnc’me do consol.slnk.fd 101 do 7s, Leaven, br., *96.*. Belleville & S. Ill.R. 1st m. 8s do 2d m do Incomes, No. n Tol. Peoria A Warsaw, E. D... *96 Chic. * N. West. sink, fd do do do No. II *95 W. D.. do do int. bonds, do do Stock do Bur. Dlv. do consol, bds Keokuk * Des Moines 1st 7s. do do 2d mort.. t26% do ext*n bds. 30 do do funded Int. 8s do consol. 7s do 1st mort.. 109* no ToL * Wabash, 1st m. extend. do Long Island RR.^lst mort. ... cp.gld.bds. 97% 98 101 Loolsv. A Nashv. do ex coupon cons. m. 7s. do reg. do 90 do do !stm.St.L. dlv. Iowa Midland, 1st m. 8s 2dmM7s,g.. 107 75 do Michigan Air Line 8s, 1890 ex-matured coup. Galena * Chicago Ext *107* 88 90 Montclair A G. L.ist 7s do 2d mort Peninsula. 1st m., conv. 112 do 2dm. 7s do Ex * Nov.,*77, coup, tm Chic. * MUw., lst mort. ii*o do Mo. K.A Tex. 1st 7s, g., 1904-*06 20 equip’t bonds, Winona * St. P.. 1st m.. *98 100 45 do do 2d m. income.. con. convert... do 2d mort. 90 40 N. J. Midland 1st 7s, gold do Ex. Aug.,*78,& prev’s C.C.C.*Ind’s 1st m.7s,SF. 109 S. Y. Elevated RR., litm Great Western, 1st m., 1888.. do consol, m. bds 00 101 N. Y.AOsw. Mid. 1st do ex coupon.. Del. Lack. * West., 2d m 105* do 86 do recelv’s ctfs.(labor) 2d mort., *93. do 7s, conv *100 do ~ do Ex & Nov.,’77,coup. do 66* 68 (other) 104% North. Pac. 1st m. gld. 7 3>l(K. nr. Bingh. A N.Y. ltt,7s Quincy * Toledo, 1st m., *90.. *70 102* 66 do ex mat. * Nov.,’77,cou. Omaha ASouthweatern RR. 8s orris * Essex, 1st. m 117 118 Illinois * So. Iowa, 1st mort Oswego * Rome 7s, gnar .... do 2d mort.. 106* do 85 Peoria Pekin * J. 1st mort ex *.... do coupon...., bonds, 1909. *83 Han. * Cent. Missouri, 1st m 85 Pullman Palace Car Co. stock. do construct’n *83 do Pekin Llnc*ln * Dec’t’r.lst m bds., 8s, sth series do 7s, of 1871 99 100 St. L. * I. Mt. (Ark. Br.) 7s, g. Western Union Tel., 19(J0,cp... 108 con. guar. 92* St. L. * San do do reg F., 2d m., class A. Del.*Hnd.Canal, 1st m.,*84 102 102* do class B. do Miscellaneous List. do do 1891 102* 103* do do class C. do (Brokers' Quotations.) coup. 7S. 1894 100 100* St.L.&So’east. cons.7stgold,*94 do reg. »s, 1894 100 CITIES. St.Louis VandallaAT. H. 1st. Albany* Ensq. 1st bds. 111 101 Albany, N. Y., to, long. 107 do 2d, guai do 2d do Buffalo Water, long 101% 111 do Mans. A Newark 7s, Sandusky 3d do 90 Chicago 6s, long dates 98 South Side, L. 1., 1st m. bonds. *n 1st an* do 7s, sewerage do 102* sink. fond... Kens. * Saratoga, lstcp 114* do 7s, water 106 South. Cent, of N. Y. 7s, gnar. do 1st reg *114* do 7«, river lmprovem’t . tlOl 102* Southern Minn. 1st mort. 8a... Erie. 1st mort., extended. 113 Cleveland 7«, long *106 108 do 7s, 1st • Is, new bonds, 1S66 Is, do * 1867 to, consol, bonds to, ex matured coup to, consol., 2d series to, deferred bonds D. of Columbia S*65s, 1924. To). Can.S. A Det 1st 7s,g, Union A Logansport 7s.., Un. Pacific, So. Br ,6s, g.. West Wisconsin 7s, gold., 1885-93 106* Indianapolis 7-30s Long Island City 109* iVo Newark City 7s long 107 93* 35 20 BONDS. Elizabeth City, 1880-1805 107 3 39 35% 6s, new series. do do Detroit Water Works 7s 106* 2% 36 Virginia 6s, old 10 30 30 30 40 40 30 ... Tannessee 6s,old do 6s, new 8 8 2 2 2 103 105* 105* MISCELLANEOUS 18 9* New bonds, J. & J do A. AO... Special tax, Class 1 do Class i do Class 8 • LandC.. 1889, A. A O.... 7s of 1888 16 16 70 70 50 50 1868 do 44 Land C., 1889, J. & J . Funding act, 1866 f • 116 April * Oct Funding act, 1866 do do ..1891 do do 1892 do do .1893.... North Carolina— Is,old. J. & J do A. & O N.C.RR J. & J... do ..A.AO... do coup, off, J. & J. do do off, A. A O .. ,,,, 106 .. 114 ... 102% 103* Erie, 1st mort., endorsed do do 2d 7s, 1879 do 3d do 8? 7s, 1888 do 4th do 34 7s, 1880........ do 5th do 7s, 1888.;. do 7s, cons., mort., g’d bds. 80% do Long Dock bonds Buff. N. Y. * E, 1st. m., 1916... 30 Han. & St. Jo., 8s, conv. mort. 82 84 . 104 no Asylum RAILROAD 72% Ask. Ohio Is, 1886 Rhode Island 6s South Carolina 6s Jan. A July 114 a* .... Bid. 8ICUKITIK8. .. * 25 1886.... 1887.... 1888. 1389 or’90.... Bid. SXCUKITIX8. New York State— to, Canal Loan, 1878 Is, gold, reg...,1887.. Is, do coup.. 1887 do loan...1888 6s, new to, new float*g debt 7b, Penitentiary.... 6s, levee 8s, do 8s, do 1875 8siof 1910 7s, consolidated.... do 7s, 1890 Missouri 6s. due 1878 do do 1882 or *83... do do do do BONOS. Ask. 50 50 50 50 50 50 50 Michigan 6s, 1873-79 do 6s, 1883 Prices represent the per cent value, whatever the par may he. ' ~ : page. STATE pPEs COUPON S Tennessee State coupons.. South Carolina conso1. Virginia coupons...... .. Consol, pono.. Memphis City coupons.. . ... l ttto price to-day; the^e ate latest quotations made this week. 84 98 97 85 109 84 «** 90 111 87 57 57 45 40 15 20 112 110 103 100 09* 100 i00* 101 101 90 94 93 88 107 105 56 56 90 90 70 40 15 100 • M * 95 74 • ••• 20 85 9J* 70* 100 83 82 • 71* 101 87 86 THE CHRONICLE. 1878.] June 15, LOCAL NEW YORK 597 SECURITIES. Insurance Stock List. Bank Stock List. [Quotations be K. 8. Bailst. broker, 7 Pine street.] Capital. Companies. Mark’d thus (*) are latest dates.§ Amount not Nat’l. Period 1878. 1877. America*...... 100 3,000,000 1,451,700 J.* J. Am. Exchange 100 5,000,000 1,231,000 M.*N. 207,900 J.* J. Bowery-.--.. 100 250,000 900 Brewers * GrJ 100 150,000 25 1,000,000 1,212,500 J. * J. Broadway M.*S. 10 19,800 Boll’s Head*... 200,000 Botchers’.* Dr. 25 500,000 43,100 J. & J. 362,700 J. & J. 100 2,000,000 Central 12,400 Chase.. 100 800,000 25 Chatham. 450,000 162,800 J. & J. 3,089,200 Chemlca' 100 800,000 Bi-m’ly 25 Citizens’ 600,000 153,800 J.* J. 100 1,000,000 1,522,300 M.&N. City Commerce .... 100 5,000,000 2,630,000 1. * J. Continental.... 100 1,250,000 293,600 J.** J. 725,900 F. * A. Corn Excii’ge*. 100 1,000,000 25 46,400 J.&J. East River.... 350,000 11,500 T.& J. 11th Ward*.... 25 100,000 47,400 Q—J. 100 Fifth 150,000 Fifth Avtnue*. 100 100,000 135,900 100 First 500,000 1,065,100 Q-J. 901,700 j7& j. 100 3,500,000 Fourth Fulton 30 600,000 435,900 M.&N. 651,800 A.& O. 50 1,500,000 Gallatin... 31,200 F.& A. German Am.*. 100 750,000 49,300 May. German Exch.* 100 200,000 54,000 May. 100 Germania* 200,000 18,000 M.&N. Greenwich*.... 25 200,000 300 Grand Central* 25 100,000 23,000 J*.*& J 40 Grocers* 300,000 167,100 Hanover 100 1,000,000 J. * J. Imp.* Traders’ 100 1,500,000 1,876,900 J. * J. 124,400 50 T. * J 500,000 Irving 8,100 J. & J. Island City*... fO 100,000 Leather Manuf. 100 600,000 410,600 J. * J. « ♦ * , - * * Metropolis*. Metropolitan.. Murray Hill*.. . Nassau* NewYors N. Y.County.. 1,053,100 • % • .••• 10 8 8 8 • • 100 1,500,000 Nicholas... 100 1,000,600 8eveath Aard. 100 300,000 100 800,000 >e * Leather 100 1,000,000 100 200,000 deof N.*yV.’ 100 800,000 100 1,000,000 40 1,000,000 ion 50 1,200,000 HtSIde*... 100 200,000 5 The figures In this column io To* 12 ’m 10 7 10 7)6 .... 0 6 7 0 7 8 "8 *3 3 14 10 7 14 8 12 8 12 9 5 8 10 3 9 8 8 8 see .... »)6 ... 10 10 6 0)6 10 4 7% J.* J. J.* J. J. & J. f. * J. 6 7 8 8 3 6 *11 12 12 10 10 7 Q-F. 1.* J. I. * J. J. & J. - * * 12 6 10 6 * * * * ♦ 8 6 12 11 3 10 10 7 7 3 0 8 8 8 8 10 9 8 City Railroad Stocks ’78. 8 Sent. >75. 5 Brooklyn Gas Light Co 25 £0 do „ 1,C00 eertlticates Harlem 50 20 50 100 V r. Jersey City & Hoboken Manhattan Metropolitan do certificates.. do 1,000 botdi 100 Mutual, N. Y do bonds Nassau, Brooklyn do „ scrip New York do do bonds do do certificates. Central of New York Williamsburg do .scrip Metropolitan. Brooklyn Municipal • 320,000 A.&U. 1,850 000 F.&A. 38-1,000 J. & J. 4,000,000 J.& J. V1.&S 1,000,000 M.& S 500,000 J.&J. ?’500,000 100 .1st mortgage 1,000 1st mortgage. 1,000 Broadway £ Seventh Ave—stk.. 100 10 Brooklyn City—stock Broadway (Brooklyn)—stock... Brooklyn db Hunter's Pi—stock. 1st mortgage Bushwlck Ao. Ventral bonds 100 100 1,000 (B'kjyn)—stock Pk., N.dk E. River—stk. Consolidated mortgage bonus. 5,000;000 900,000 694,000 2,100,000 1,500,000 2,000,000 300,000 200,000 400,000 J.&J. ...... * This column shows . • 75 120 ,,,, • 283 • • - * * • * • • • nr - T-,. .... 85 5 .... 3)4 4 • .... .... 131 2% 133 50)4 3)4 3 ... .... mi 3)4 11054 80 3 .... .... 78. 3)4 107J6 Ian., 78. 4 Feb., ’78. 4 Jan„, *77. 3 July, ’77. 3 • • • . 85 108 ... .... 88 70 .... July, ’74. 8)* Jan., ’7*. 5 May, ’78. 2)4 129* ’78. 3 Jan.,’78. 4 Jan., ’78. 3 , . •• .... • •.* • • • . • • ... .... 94 ... .... 80 July, ’74. 3)» Feb., ’78. 3 Aug, ’77. 2)« 73 Jan., ’77. 3 Jan.,’78. 5 Jan.,’78. 5 Jan.,’78. 3 May, ’78. 3)4 100 Jan., ’78. 3 Jan.,’78. 4 May, ’78. 5 140 Jan., ’78. 4 ... • . • • •• • • . • • ••• 80 ... • • .. .. .... . . .... ... * 86 • • Rate 5 3 Date. * Apr ’ IS Jan., 78 854 Apr., ’78 ... .... . ... ;... .... .... 148 .... 3 5 5 5 Bid. Ask 140 75 95 85 160 194 Feb., ’78 ’78 ’7b Feb., *78 129 Jan Feb , , ... 354 150 80 100 83 170 1,000 Q—F. 100 1,000 1 100 » J.&J. J * J. M.&N. •-• 90 75 75 80 95 60 94 7 3 3 7 7 5 7 7 7 2 7 7 7 5 7 10 7 4 7 • • • 04 85 76 70 18&8 -.00 165 55 95 1902 100 100 May, ’78 120 105 40 Nov.1904 91 13 85 95 May, *88 May. ’77 *90 17 20 70 Citizens’. City 100 30 Commerce Fire 100 Commercial 50 Continental.,.. 100 ... 30 50 17 10 10 196 mi 84 85. 95 100 67 97 50 25 Globe Greenwich 100 100 Guaranty Guardian Hamilton 12 95 70 102 170 110 150 85 1 5 *00 88 102 iio 125 115 50 96 24 88 60 100 90 1875. 1870. 1877. 18356 10 10 25 15 10 8 10 10 20 10 = 20 20 20 20 20 10 10 25 22,314 14 t211,702 15 72,177 10 —9,013 8 No fig’s. 10 109,572 10 392.121 30 No fig’s. 5 l.d.9 20 204,883 30 onn +320,870 179,468 138,119 —17,877 2,008 200,000 200,000 164,803 1,000,000 +899,436 800,000 496,731 96,572 200,000 200,000 -19,724 200,000 111,728 200,000 154.588 97,688 204,000 150,000 —18,406 80,783 150,000 4,978 2oo;ooo 200,000 -28,235 1,000,000 680,951 500,000 653,039 200,000 110,152 200,000 801,074 Clinton Columbia Dividkmds. 20 20 20 10 10 20 • . 200,000 200,000 210,000 200,000 80,494 10 192,806 10 208,004 14 30 10 10 20 20 211,737 20 103.519 12 323,996 20 178,795 20 268,204 177,028 49,942 191,010 114,910 200,000 -26,013 200,0C0 —8,314 10 500,000 448,830 10 350,000 124,141 12 200,000 424,883 80 200.000 102,561 20 150,000 206,026 20 150,000 108,888 20 1,000,000 789,612 15 8,250 5 200,000 55,755 10 200,000 +8,324 10 300,000 200,000 -18,150 10 60,747 11 200,000 200,000 203,785 20 200,000 116,943 12* 200,000 14,484 10 200,000 160 044 11-6 200,000 128,752 12H 200,000 52,184 10 200,000 146,366 20 168,584 20 150,000 250,000 228,643 10 300,000 221,003 10 408,142 20 250,000 represented by scrip is deducted. — 20 20 Jan., ’78.10 Jan., ’78.10 17 M 18 5 5 25 Feb..’78. 5 Jan., ”?8. Jan., ’78. Jan., ’77. Jan., ’77. Jan., ’7s. • . • 12 10 10 12 30 20 20 20 20 8)6 10 10 10 13 25 3)6 10 10 * 105 *78 *90 ibo ’78 90 *93 100 1,000 last dividend on stockst but the date of maturity of 115 130 102 100 105 bonds 7 5 4 • •* 12 20 10 10 10 11-55 12 35 15 17)6 10 10 20 10 25 20 16 10 10 10 20 20 15)6 . wo 05 65 5 5 *••• Dec., ’77.10 185 Feb.. ”7q 190 170 170 115 110 ’77. 5 ’77. 5 • ’7H.10 ’78.665 ’78.10 ’78. 5 ’77. 3 ’78. 5 ’78. 7)6 ’78 5 ’77. 5 ’78. 9 Jan.. ’78.10 Jau., ’7». 5 • ••• • 135 10O ... 80 no 108 90 •• • 106 • •• .... ... . . 175 95 150 108 95 • • • 90 15» 120 • Jan., ’78 8 Feb., ’78 4 July. ’77.6-23 Jan., ’78. 736 Ftb..’78. 5 Jan ’78. 7 Jan., ’78. 5 Jan., ’78. 6 Jan., ’78. 5 Jan., ’78.10 , • .... 115 120 240 ••a • .... • •• 131 70 85 •• • * • 107IPS 150 ... 110 110 200 105 180 110 125 50 . . 102 175 130 50 „ , 90 140 HO 175 ••• • ’78. 6 ’78 10 ’77. 3K ’78. 5 ’77. 5 ’70. 5 ’78. 5 ’78.10 . TO 115 Jan., ’78. 8 A pr., ’78. 5 Jan., ’78.20 Jan., ”78. 0 Jan., ”7810 » 106 • July, ’77. 5 . ■ 160 125 270 50 60 IdO 130 . ••« 110 50 110 60 60 ... . , ••• 125 103 45 100 45 50 115 150 108 ’78.10 Feb.. ’18. 7 Jan., Jan., Jan., July, July, Jau., Jan., ...» 117)6 125 100 100 155 80 , ...» 60 .... Jan., ’78.10 Jan ’7S.10 Jan., ’78. 5 Jan., ’78. 8 Jan., ’78. 7 Jan., ’78.10 Jan., ’78. 5 180 ..11 152 190 105 • .... 13B 100 140 103 90 150 Jan., ’78. 8 Jan., ”78. 5 Jan., ’78. 6 Jan., ’78. 5 -Tan ••• * • . Jan., ’78 8 Jan., ’78. 5 Jao.f 5 ^ • .... Jan„ ’78. 5 Jan., ’78. 7)* Jan.. ’77. 5 Jau., ”78. 3)* Jan., ’78.10 Jan., ’78. 5 Jan., ’78- 5 Jan., ”78. 5 Jan., ’78. 5 Jan., ’78 5 Jan., ’78. 5 Jan., ’78. 5 Mar., ’78 5 m • 55 Aug., ’70. 5 Jan., ’78. 5 Jan., ’78.15 Jan 10O 25 in Jan.. ’7h. 6 .... 10 12 11 20 20 20 18 20 05 100 IN) 1100 125 . 13 10 20 10 20 10 10 20 10 12 20 80 20 10 20 18 20 14 20 17 .... Bid. Ask. Feb., ”77. 5 10 30 20 40 5 10 20 10 10 10 10 12 10 20 10 10 10 10 12 12 10 10 20 10 20 10 10 20 10 11 14 30 20 10 20 20 25 10 20 20 200.000 +134,946 10 . July, ’77. 5 Jon*. *78. 5 . 10 10 30 20 40 10 10 10 18 55 200,000 No fig’s. 25,019 10 200,000 150,000 129,148 20 500,000 553,398 10 98,478 10 200,000 3,000,000 1,010,703 10 1? 0,000 20,481 10 500,000 134,066 12 200,000 104,159 12 39,470 13 200,000 200.000 +96,818 10 150,000 195,000 20 49,040 20 280,000 150,000 151,093 20 200,000 126,919 10 57,935 10 150,000 300,000 200,000 250,000 200,000 150,000 200,000 200,000 200,000 10 15 15 10 4 5 10 20 5 20 July, Jan., Jan., 9*80 11-45 1250 Jan., 30 30 20Apl., 14 14 14 Jau., 10 10 3 Jan., 15 20 15 Feb., 15 15 Jan., 19 15 12 •Jan., 10 10 10 Inly. 12 12 12 Jan., ... 15 Hanover 50 Hoffman 50 100 Home 25 Hope 50 Howard Importers’* T.. 50 100 Irving 30 Jefferson Kings Co.(Bkn) 20 Knickerbocker 40 Lafayette(Bkn) 50 100 Lamar.. ; 25 Lenox; LongIel.(Bkn.) 50 25 Lorlllard Manuf.* Build. 100 Manhattan 100 Mech.&Trad’rs’ 25 Mech’ics’(Bkn) 50 Mercantile.. 50 Merchants’,.... 50 Montauk (Bkn) 50 Nassau (Bklyn) 50 National 3714 N. Y. Equitable 35 New York Fire 100 N. Y. & Boston 100 New York City 100 50 Niagara North River.... 25 25 Pacific Park 100 Peter Cooper... 20 50 People’s Phenix (Bklyn) 50 100 Produce Exch. 50 Relief 100 Republic 100 Resolute Ridgewood.....' 100 25 Rutgers’ 100 Safeguard St. Nicholas.... 25 Standard 50 Star 100 100 Sterling 25 Stuyvesant Tradesmen’s.... 25 United States.. 25 Westchester... 10 50 Wllllamsb’g C Prigs. Last Paid. 75 . • . 10O .... 150 110 70 ... 80 128 11a 95 .... 100 • • • • 120 120 125 100 190 ‘ • • • • a- »»a ...» 114 )20O t The surplu* shows deficiencies. City Securities. [Quotations by Daniel A. Mob an. Broker, 40 Wall Street.) Prig*. Interest. Rate. Ntw York: * 1841-68. Water stock do 1854-57. Croton water stock. .1845-51. do do ..1852-60. Croton Aqued’ct stock. 1866. pipes and mains... reservoir bonds Central Pai k bonds. .1853-57. do ao ..1853-65. do do 1870. D75. Floating debt stock.... 1860. 1865-68. Improvement stock.... 1869 MArket stock do ....1869. ao Consolidated bonds var. Street imp. stock do do New Consolidated Westchester County var. var. 5 6 5 6 6 7 6 5 6 7 6 6 7 6 7 sg7 ?*■ Months Bonds Payable. Feb.,May, Aug.* Nov May & November. do do do do do do do do do do January * July, do do M ..... Rrliiophnndn ... City bond* -Kings Co* bonds*. P&rk bonds •All ......... ••»••• •. • ..*•••»«•••*••• • 7 7 7 7 7 0 6 / muary * July, do do do do do do do do l May * November. 0 0 ao do Wall st.1 101 102 100 100 101* 102)6 103 104 105 108 117 \e» 108 07 117 108 101 118 ICO :i4 109 105 1P5 109 107 • 1878-1880 101 1881-1895 105 1915-1924 118 1903 1915 1902-1905 1881-1895 1880-1883 1880-1885 do do 1924 January a July, do Bid. Ask 109 107 101 100 116 1901 106 1898 100 1878 1894-1897 117 105 1889 1879-1890 102 108 1901 1888 102)4 1879-1882 102 If 8 1896 100 1894 May * November. [Quotations by N. T. Brmrs.Jt.. Broker. 3X Brooklyn-Local lmpr’em’t— do *•«...••• Parlt bonds Water loan bonds dne. Feb., May Aug.* Nov, 1878-1880 do do 1878-1879 1890 do do 1883-1890 do do 1884-1911 do do 1884-1900 May & November. Feb.,May Aug.*Nov, 1907-1911 1878-1898 do do 1877-1895 do do 118 118 108 104 103 102 108 ~ 1907-1910 108 do Brooklyn bonds fiat. Jersey City.] 00 Oct., ’83 July, May, July, Feb., M»v, Broadway Brooklyn do iho 2 7 0 7 Brewers’*M.. 100 Dock bonds 8 90 3“ 200,000 200,000 400,000 200,000 200,000 200,000 200,000 800,000 200,000 200,000 153,000 300,000 2101000 250,000 300,000 50 25 Bowery • 7 ” M.&N. A.& O. M.&N. J.&J. «•••• 20 133 102 Broadway.] 3V4 “ . 3)4 Jan., ’78 354 Feb., ’7b 2 Jan., ’78 354 Jan., ’78 254 S ov., ’77 Q—F. hf.&N. 500,000 1,800,000 j.*& j! 1,000 1,200,000 J.&D. . Arctic Atlantic Firemen’s Firemen’s Fund Firemen’s Tr.. 100 Franklin 100 Gebhard 100 German-Amer. 50 Germania t « 100 115 3 3fc ioi io2)4 7 202)4 205 4 3 160 0 138 4 • Amity.. Exchange • 3)4 Adriatic 25 vEtna. ....... 100 American.... 50 American Exch 100 Farragut - 1878.* 100 .... „ Par. Amount Eagle Empire City.... 100 100 Emporium 225 - Surplus, 40 ... Jan., ’7b. 5 115)4 Oct ’75. 4 May, ’78. 2H Jau .. 70 • • , , •• • .... Jan.,’J6. 3)4 Jau ... .... 150 5 3)4 110 3 5 6 3 Jan., Feb., July, Jan., 7 100 100 J00 ., i 117)4 118 3)4 Jau., ’78. Jan r 201 . Jan!, *77.* 254 A. & O. 300,000 J. & 0. Extension..... 600* C, Ist mortgage......... Third Avenue—stock. 1st mortgage 2*t*nUy-thlra Street—stocK... Ut>rA»j»n»o . Jan., ”78. May, *78. Apr.,’78. Feb., ’74. May, ’78. May, ’77. May, *78. Q—J, Q-J. 1,000 oueth Avenue- stock * # *pl., ’78. 3 ... Cons. Convertlole... .t.( July, ’70. 3 Oct., ’77. 2)4 J. &D. 100 Dry Dock, E. B. dk Battery—stk. ,200.000 Q-F. 500*c 1st mortgage, cons’d 900,000 J.&D 100 1,000,000 J.* J. Eighth Avenue—stock 1st mortgage 1,000 203,000 J.&J. 100 HdSt. <t Grand St ferry-stock 748,000 M.&N. 1st mortgage. 1,000 236,000 A.&0. 100 Central Cross Iowa- stock. 600,000 M.&N. 1st mortgage 1,000 100 Houston, West st.dkPavJFy—stk 'J. & J. 1st mortgage 500 ..... 100 second Avenue—stock. Q.-F. A.&O. 3d mortgage..................*< 1,000 . .... Jan., >78. s May, >78.15 Jan , >78. 3 May, >78. 5 Jan., *78. 4 Jan., >76. 3 Feb., >78. 5 July, ’17. 3 7 85 98 • 8* Feb.,’78 100 x 103 100 8)4 75 Quar. 154 Apr.,;78 70 102 F.& A. 854f? Feb..’78 95 80 3 Var Jan.,’78 70 97 M.&N. 354 May, ’78 93 97 4 100 M.&N. May, 78 27 J. & J. 8)4 Jan. , 76 20 [Quotations by H. L. Gbant. Broker, 145 1,000 . • and Bonds. 1,000 1,000,000 25 1,000,000 Ya 700,000 100 4,000.000 10 1,000,000 1,000 825,000 F.&A. Var. 300,000 J. & J. 50 466,000 F.& A. 50 1,000,000 Quar. Var. 1,000,000 J. * J. 100. 1,000,000 M.&N. 100 1,500,000 1 Bleecker st.dk Fulton* erty—stk. 1st mortgage . • the National banks, and of Var. Var. 2,000,000 1,200,000 . People’s (Brooklyn) r • .... . |M j Citizens’Gas Co (Bklyn) • Jmy, ’77. 4 Jan., >78. 3)6 Amount. Period. Par. . » • are Gas Companies. i08)4 .... .... of date May 1st for date March 16th for the State banks. Gas and , . , 3)6 836,300 064,809 77,400 « ’78. ’78. ’75. ’70. 7)6 jhn., '78. 9 Jan., ’78. 2% May, ’77. NOV., 77. 7> 6 May, 78. 7^ Jan., 78. July, 77. • .... F.& A. J.&J. J. & J. M.&N. J. & J. . ’78. Jan., ’78. 6* Jan., ’78. ... M.&N. nil. idesmen’s;:: ' A.& O. F.&A. F.&A. I.&J. J. & J. 1. & J. I.&J. 170,100 U.&.N. * 10 6 •... J.* J. J. ft J. 297,500 195,800 57,400 67,400 241,100 50,700 St. 9 ICO 12 T.& J. J.& J. nl'. Republic • .... 191,800 M *N. _ * • 140 102 ^ 4 ’78. 3 >78. q .... 0. 10 815,400 J. & J. 224,000 J. & J. 34,400 J. * J. 859,000 J. & J. N. Y. N. Exch. 10$ 300,006 Ninth 100 750,000 No. America*.. 70 700,000 North River*. 50 240,000 Oriental* 25 300,000 Pacific* 50 422,700 Park V. 100 2,000,000 Peoples’* 25 412,500 Phentx 20 1,000,000 Produce* 100 200,000 • Jan., Jan • V4 F.& A 4,400 59,300 092,300 87,700 73,500 20,100 29,200 75,900 102,600 210,900 510,000 147,800 161.100 • 10 10 100 8 20 7 3 10 930,500 77,200 M.&N. 122,800 M.*N. 100 500,000 100 3,000,000 100 200,000 100 1,000,000 100 3,000,000 100, 200,000 • • 68 Pt§. 8,100 J. & J. 15,400 J. & J. 284,600 12 Capital. Compan xxs. Bid. Ask. Last Paid. .Wi May, * . . 8 9 7 12 . Manhattan*.. 50 2,050,000 Manuf. *Mer.* 00 100,000 Marine 100 400,000 Market 100 1,000,000 Mechanics’ 25 2,000,000 Mech. Assoc’n. 50 500,000 Mech’lcs* Tr. 25 600,000 Mercantile 100 1,000,000 Merchants’. ... 50 3,000,000 Merchants’ Ex. 50 1,000,000 Net Prig*. Dividends. Surplus at Jersey (Juy— Watei loan, long.. do ......... ....1869-71 Sewerage bonds 1866-69. Assessment bonds... 1870-71. improvement bonds Bergen bonds 1868-69. 6 7 7 7 7 7 January * July. January * Juiy. do do Jan.,May, July* Nov. J. A J. and J * D. January and July. 101 1896 1899 1902 108 1877-1879 100 1891 BUS 107 1900 105 107)6 103 109 101 103 10ft* lluo. THE CHRONICLE. 593 Interest on first mortgage bonds ... -. Interest on $200,000 income bonds For redemption of income bonds. Interest on Colchester bonds Jmuestiueuis AND . 1,750 STATEMENT OP EARNINGS FOB THE TEAR ENDING APRIL Supplement is published on the last Saturday of each month, and furnished to all regular subscribers of the Chronicle. No single copies of the Supplement are sold at the otfice, as only a sufficient number is printed to supply regular oubscribers. One numbsr of the Supplement, however, is bound The Investors’ Review (Annual), and can be purchased ANNUAL $35,000 14,000 30,000 $70,750 STATE, CITY AND CORPORATION FINANCES. up with The Financial in that shape. fv*,xm 30, 1878. $148,738 101,300 Freight Passengers All other 15,888 sources Total Operating Net -. expenses ...... $265,925 188,441 $77,482 earnings GENERAL INVESTMENT REPORTS. NEWS. Baltimore & Ohio.—The stockholders of this road on the inst. accepted the provisions of the act of the General Assembly of Maryland to settle the pending controversies between the State and the company. According to the resolution adopted by the directors, April 10, as soon as all the arrangements were perfected, there were to be declared five semi-annual dividends of . 5 per cent on the stock of the Washington Branch. Accordingly, the company has declared a 25 per cent dividend on the stock of the Washington Branch, and as the State holds $550,000 of stock in that road, it thus gets $137,500, which will be paid into the State treasury in accordance with the act of settlement. There are also about ^ 50,000 of the Washington Branch stock held by in lividuals, the ike dividend on which aggregates $12,501. Tue balance of the stock in the Washington Branch, $1,000 000, is held by the Baltimore & Ohio Company. The other features of the settlerr^at, under the act of the Legislature, are that the comparv pay $100,540 64 ia money, as the amount of the gross receipts tax on the Maiu Stem & Washington Branch up to Januavy 1,1878, and deliver its bonds to the amount of $366,* 370 56 to the State, said bonds to run ten years at 6 per cent from July 1, 1878, in lieu of the capitation, &c., to January 1, „ 10th Boston & New York Air-Line Railroad* (Far the year ending April 30, 1878.) In the annual report, the President, Mr. E. E. Anderson, says: The railroad, when taken possession of by the present manage¬ ment, was in an incomplete condition. It crossed most of the declivities and valleys over which it passed by means of insecure wooden trestle-work, its grades were faulty, the track contained no steel, and its rolling stock was very scant. Liens to the extent of $S8,668, which in part affected such rolling stock as it possessed, and for the rest, represented obligations incurred by the trustees of the second mortgage during their administration, and the expenses of the foreclosu e, were recognized by theCour , in the foreclosure of the road, on behalf of the present manage¬ ment, as being entitled to payment before possession shoo Id be given to us. The business of the road during the past year has steadily increased. The gross earnings from The operating expenses May 1,1876, to May 1, 1817, were for same period were And the net earnings The gross earnitgs from May 1, 1877, The operating expenses for the same And the net $174,355 126,752 $47,602 265,925 188,443 to May l, 1878, were period were . $77,482 earnings large increase in the freight business, and this has been chiefly due to the development of the “all rail ’ ireight train between New York and Boston. This business was commenced in March, 1877, and the freight now carried exceeds 8,000 tons per month, and is constantly and rapidly increasing. There has been a very profit derived from this business is small, in conse¬ of the low rates which have been caused by the active com¬ While the quence petition of other lines, it is, nevertheless, remunerative, and promises in the future to be a source of great advantage to the Company. Up to the 1st of June, 1877, the amount expended for construc¬ tion account, exclusive of equipment, was $298,382. During the past year the administration of the road has con¬ tinued to apply itself to the task of perfecting the road-bed and supplying the various deficiencies of the company. We have purchased and laid 300 tons of steel rail, costing $13,699. have constructed at Cedar Hill Junction an We engine-house and machine-shop, where we now keep our own engines, and our own ordinary repairs, the total cost of which has been $5,303. We have also purchased a new engine at a cost of $8,000. During the past year the Colchester Railway has completed its organization, and acquired its right of way from Colchester to its junction with our road, a distance of 3| miles. Under an agree¬ ment between that company and our company, we have ballasted the road, and furnished and laid the superstructure; and the road, since last October, has been operated by us. Under the Agreement between the two companies, we have received from the Colchester Railway Company their entire issue of first mort¬ gage bonds, amounting to $25,000, and we have also received from them a lease of their road for 999 years, by the terms of which we agree to operate their road, as part of our main line, during the term of the lease. The total expenditure for construction account and equip¬ ment during the past year has been $62,008. You are referred to the table at the end of this report for the detailed figures. The prospect for the future is full of encourage¬ ment, and there is no doubt that your property, if pruiently and wisely administered, will, in time, become of great value. It would not, however, be just to you to withhold from you the fact that the task of completing the load is far from ended. Much has been done in the past, but much still remains unaccomplished. For the complete accomplishment of all the improvements ther j will be required: «mill do all About Forimp»ovement of grades For steel rails For branch road $125,000 100,000 75,000 Total $300,000 This work cannot be entirely effected from the surplus earnings of the company, unless it were extended over a loDg period of years. Connection with tide-water would free ua from the heavy pay¬ make to the New York & New Haven road: would ments we enable ns to largely increase our coal, lumber and other items of local freight. The combined result would during the first year increase our net earnings over $50,000. We are satisfied, in view of the small amount of your first mortgage, that $200 000 of bonds, secured by a semi-annual payment of $10,000 on account of principal, to be made from the earnings of the company, could be readily disposed of at par, less a reasonable commission. Our fixed annual charge for inte.est would be as follows: 1878. ' Baltimore & Potomac Railroad.—The annual meeting of tho stockholders of the Baltimore & Potomac Railroad company .Vas held this week in Baltimore, Hon. Oden Bowl, President, chair, Mr. John Crowe, secretary. he statement of the president and directors for 1877 was read. The gross earnings from all sources were $646,322, of which Washington line and tunnel were $605,799, and Pope’s Creek line $40,522, showing a decrease of $76,162, of which Washing¬ ton line and tunnel $73,094 and Pope’s Creek line $3,068. The decrease is by comparison with the Centennial year, when the passenger travel was large. The total expenses were $534,534, of which Washington line and tunnel $487,010 and Pope’s Creek line $47,523, a decrease of $65,670, of which Washington line and tunnel $54,585 and Pope’s Creek line $11,085. The net earnings were therefore $111,788. The r< quirements of the service have been amply met, bridges carelnlly maintained, roadbed and superstructure improved, and the mileage of trackage increased, chiefly in sidings, which aggre¬ gated during the year 4,340 feet, at the most important stations. Of the 58 miles of main track, single and doable, between Balti¬ more and Washington, 29 miles are laid with steel, and 785 tons of steel rails and 57,918 cross-ties were used in 1877 for repairs and siding extension*. It is in contemplation sh rtly to replace the bridges on the Washington line with iron structures. Liti¬ gation growing ont of the tunnel contraction has been settled. The loyalty of the employes of the company to their duties during the labor troubles of last July is fittiogly complimented. The report says : “ True t j their duties then, they now hold the places and trusts which others at the time discarded and dishon¬ ored and afterwards vainly sought, and had withal, in cool moments of reflection, the approval of their own judgments." Directors for the ensuing year were elected as follows: A. J. Cassatt, George R. Roberts, George Small, B. F. Newcomer, Wm. T. Walters, Dr. Eli J. Henkle, and Samuel Cox, The board re-elected Oden Bowie President; A. J.. Cassatt, vice-president; John Crow, secretary and auditor ; John S. Leib, treasurer. Buffalo Corry & Pittsburg.—Trains have been stopped on this road, which extends from Brocton, N. Y., to Corry, Penn., 43 miles, and was operated by the Allegheny Valley Railroad. Mr. A. H. Barney, trustee for the bondholders, said that the road waB sold several years ago to the Allegheny Valley Railroad, and a mortgage was given for a part of the purchase money. Under foreclosure of this mortgage the road was sold April 19, and bought in for the benefit of the bondholders for about $76,000. A deficiency judgment was obtained for near'y a like sum, the mortgage having been given for a little more than $150,000. The parties in interest in these suits are the holders of the mort¬ gage bonds of the road, amounting to $700,000. Nearly $400,000 of these bonds were among tbe assets of the old firm of Wells, Fargo & Co., not transferred to the new company. It is understood that operations will not be resumed on the road until some course of action shall be determined upon by the bondholders. Burlington & Missouri River Railroad Company in No> braska.—The statement of earnings, expenses and net earnings for the month ending April 30th, 1878, and for four months of tbe year 1878, as compart d with corresponding time last year, is in the as follows: . FOB THE MONTH ENDING AP RiL L78. Passenger Freight. Mail and miscellaneous Gross earnings ,.. Expenses. Nat earnings : $36,550 105,028 4,186 146,361 51,358 95,023 1877. v £0,647 48,311 5,019 68,978 30. Increase. $15,9 3 61,71* « • • • 84.195 77,838 17,242 84,882 60,140: Decrease. 232 June 15, YOB YOUR X NTHS. YROM 1878. JANUARY 1 TO APRIL SO. Increase. 1877. $33,757 80,807 $83,957 180,343 20,866 |[ailaid miscellaneous ,Gross ; earnings.... 21,936 * Expenses ... 809,559 169,10i Canada Souther a.—Notice is given that for $14,000,000 has become a first lien on • • • Expenses, inc’g Decrease. $ •i,'o:o 21°,495 '0,049 140,445 288,242 119,137 ..... Net earnings the new mortgage the property of this and holders of the debenture certificates can exchange them for bonds issued under the new mortgage at the office of *the Union Trust Company in New York. The bonds are all for ^$1,000 each, are due January 1, 1908, interest for the first three ; years tning 3 per cent, and thereafter 5 per cent, a d th« N. Y. '^Central & Hudson Company guarantees the payment of this interest for the first twenty years, without any guarantee of the company, after N. They & Hudson Y. Central Srincipal. have been placedbonds. on the N. Y. Stock Exchange st 599 THE CHRONICLE 1878. | Earnings. Cin. H^m. & Dayton.,.. $986,433 866.649 Dayton A Michigan.... Ciu. Rich. & ^h cago... Cin. Ham. & Indianap’a Total... .. int’st and tax,-*. Profit. $817, ? 08 904,168 $118,924 3 4,521 172,143 *386,283 i 2,94 4 $3,362,891 $2,280, tO? $82,764 195,088 L< ss. J • • $47,31$. 21,765 * This item includes bnt six months* interest on the $2,500,000 of bonds of this company. Had the fall year’s interest b-en paid, the loss in operaiing the Cincinnati Hamilton and Indianapolis Railroad would have been $109,- as against $199,547 for the year previous. The aggregate operating expenses of 265, all the lines, for the year ending March 31, 1878, were 62 40 per cent of the earnings, as against 72 per cent in the previous year. The net gain, as com¬ pared with last year, due wholly to a large decrease in expenses, is: Cincinnati Hamilton & Dayton, $40,715; Dayton & Michiganf $32,581; Cincinnati Richmond & Chicago, $18,882; Cincinnati Hamilton & Indianapolis, $177,782; total, $269,962. floating debt the In regard to the bonded and report says : The holders of third mortgage bonds of this company, which fell due June 1, amounting to $351,000, have all been paid, and the mortgage cancelled, to do which there was a fund of $139,879 on hand at last report, which had been obtained from sale of the Central Pacific.—From London newspapers we learn in regard to the lands of this company that, between ’he 1st of May, 1877, and the 1st of May, 1878, 124,126 acres were sold, at an average price of $12 65 per acre; and that on the 13th of company’s consolidated mortgage bonds, and the balance,$223,121, May, the trustees of the Central Pacific Land Grant bonds held in was made up by increasing the bills payable account, which, at their hands $1,109,242 in cash and $1,696,942 in notes, applicable the close of the present fiscal year, was $372,885, as against to the payment of bonds. Of the lands sold as above, 37,706 $246,190 at the end o' that previous, making an apparent interes were sold from Jan. 1 to May 1 this year, against 6,327 crea-e of $126,695, which, deducted from the amount borrowed for the same period in 1877. It would be much more satisfactory for the above purpose, makes an actual reduction of the floating to bondholders in this country to have railroad information of debt of $96,424, and leaves in the hands of the company, unsold, this character first published at home in the columns of the 250 bonds, les9 5 put into the sinking fund. The sinking fund of Chronicle and go abroad in that shape, rather than to wait a the Cincinnati Hamilton & Dayton Railroad, as provided in the month to get it back from London. consolidated mortgage, has been paid to January 1,1878. Chicago & Michigan Lake Shore.—The holders of over the Cleveland City Bonds.—The city of Cleveland, Ohio, will requisite two-tbirds of all the bonds of this company having receive proposals until June 15, at noon, for a loan of $300 000 assented to the agreement dated May 10, 1877, for the reorganiza¬ six per cent bonds, running twenty years, principal and interest tion of the securities of this company, notice is given that it is payable in New York. No bid for less than par will be con¬ determined to proceed to a sale of the property at once Those sidered. bondholders who have not assented to the agreement, and desire Connecticut Western.—The defect in the Connecticut West¬ to participate in the benefits thereof, can send their address to ern Railroad's mortgage has been remedied by the signatures of Charles Merriam, agent of the committee of trustees, 26 S 'ars’ the President, Senator Barnum and two witnesses, who wereBuilding, Boston, by whom full information will be given. present at the signing of the original document. Chicago Milwaukee & St. PauL—The annual meeting was held in Milwaukee, June 8. The following directors were elected Delaware & Hudson Canal.—Of the $1,500,000 Delaware & without opposition: Alexander Mitchell, Milwaukee; Julius Hudson Canal Company’s 7 per cent bonds, which matured Nov, Wadsworth, New York; Selah Chamberlain, Cleveland; John 1, 1877, the sum of $1,482,000 was extended, by agreement with M. Burke, Walter S. Gurnee, Peter Geddes, David D>wa, J. Mil* the holders, until November 1,1891, the extension not to in auybank, and Abraham R. Yau Nest, New York; George W. Weed, wise impair the security of the mortgage dated January 2, 1871. Boston; John P. Plankinton and S. S. Merri l, Milwaukee; J. J. The Stock E change Committee have recommended that they be Bowman, Eilbourn City, Wis. Subsequently the directors re- restored to the list next after 1891s, and called “ Delaware & Hud¬ elected the following officers: President, Alexander Mitchell; son Canal first mortgage extended.” Vice-President, Julius Wadsworth; Secretary and Treasurer, Denver & Rio Grande.—As to the decision rendered by R, D. Jennings; General Manager, S. S. Merrill. —A dispatch from Milwaukee, June 13, says: "The old-time Judges Dillon and Hillett in the contest between this company railroad war over the Lacrosse & Milwaukee Company's bonds and the Atchison Topaka & Sante Fe, for the righn of way through has been renewed in the United States Court of this district. the grand canon of tha Arkansas, we are informed by counsel of William Barnes of New York city has entered suit as trustee the D. & R. G. Company that the decision was on a preliminary against the present Milwaukee •& St. Paul Company, and there motion, and does not affect the real merits of the case. There is a slight prospect that the case may come to trial. Tne com¬ was a concurrent right in two rival companies to construct their plaint covers 104 printed pages, and the claim is for about respective roads through the canon and to “ use and occupy the $2,000,000. Francis Fellows, of Hartford, Ct., John K. Porter of canon ” for that purpose. The intent of Congress as expressed New York, and Joshua Stark, of Milwaukee, are counsel for in the second section of the act of March 3,1875, is that canons and defiles in the public domain shall not be monopolized by one Mr. Barnes.” company. As both companies cannot go on with the work of Chicago Rock Island & Pacific.—The Evening Post money construction at the same time, and as the.opponents of the Denver article says of the recent transactions at Chicago : We find the & Rio Grande were prior in taking possesaiou, they were allowed facts respecting the proceedings of the stockholders and directors to go on with the work of grading, bnt enjotDed from laying iron of the Chicago Rock Island & Pacific Railroad Company, at their until further orders. The Denver & Rio Grande to be at liberty recent meeting in Chicago in relation to the cancelling of the to ask for further orders on showing that the Atchison Topeka & company’s stock, and also in relation to giving the stockholders Santa Fe are proceeding improperly, with a view unfairly to •the benefit of the company’s surplus, to be as follows: monopolize the entire canon. Tt seems thus that the Denver & 1, At the meeting of the directors on the 3d instant a resolu Rio Grande Company is not precluded from constructing through tion was passed directing the j resident and treasurer to cancel the canon, and its friends claim that it may possibly be entitled the certificates representing the forty thousand and two hundred to the exclusive right, on showing that prior to the act of Congress, (40.200) shares of the stock owned by the company, which has of March 3, 1875, it located and adopted its line through ther heretofore appeared in their reports as an asset. canon by corporate acts. 2. At the meeting of the stockholders on the 5th instant the The case is a good one for compromise, as neither company preamble and resolutions were adopted [as heretofore published]. should apparently be excluded from a right to run through the 8. At a subsequent m cting of the directors on the same day a res canon. olntion was adopted referring the matter of the apportionment of surplus to a committee consisting of the president, vice-president, Detroit & Milwaukee.—A decision was rendered in the treasurer and general solicitor of the company, this committee to Detroit & Milwauk e Railroad foreclosure suit by Judge Reilly, report on the practicability of such apportionment, and a plan for at Detroit, last week. The holders of first mortgage bonds the same, to the directors for their future action. This committee claimed that their mortgage covered the entire property and have not yet reported, and the directors have had no meeting franchise of the road. But the mortgage, though specifying since. right of way, track, bridges, culverts, buildings, says As the laws of Hlinois strictly prohibit any scrip, stock or bonded about rolling stock. Judge Reilly, therefore, held that it does dividend, and as the Rock Island company cannot part with the not cover rolling stock. He thinks the omission to mention stock in which the snrplns has been invested without rolling stock was intentional, and was so understood at the time losing control of the lines which the stock represents, it is the mortgage was executed. This decision, it is supposed, will Evident that wbatever division is made must be in the form of still further strengthen the friends of the Great Western scheme. eaSh from tbe-snrplns net earnings from time to time as they District of Columbia.—The following is the full text of the tfierne; this, in'all probability, will be added to the regular cash provision concerning the District of Columbia 3 65 as dividends of the Chicago Rock Island & Pacific company. finally agreed upon by both houses of Congress and made a part Cincinnati Hamilton & Dayton.—Some of the stockholders of the Permanent Government bill, which goes to the President t have enjoined the corporation from paying the interest on the Hereafter the Secre'ary of the Treasury shall pay the interest on the bonds of the Cincinna i Hamilton & Indianapolis Junction rail¬ bonds of the District of Columbia issued in pursuance of the Act of Congress road, and had asked the coarts to foreclose the mortgage deed approved June 20.1874, when the same shall become due and payable, and all given on the C. H. & I. railroad, on account of default in payment amounts so paid shall be credited as a part of the appropriation for the year * by the United States towards the expenses of the District of Columbia as o! interest. • hereinbefore provided. —The annual report for the fiscal year ending March 31 has The provision referred to is the one which requires the following: , • nothing bonds . 4. . Congresi V THE CHRONICLE. 600 [Vol. XXVL - Lake & Canal Freights*—The Buffalo Commercial says : The annually to appropriate 50 per centum of tlie approved estimates to defray the total expenses of the effect of a long navigation-season and Btrong competition from the railways is seen in unusually low freight averages. The follow¬ District Government during the ensuing year. ing comparative exhibit, showing the average rates from ChiFreight Rates—Trunk Line Agreement—The managers of cago to Buffalo by Lake, for the month of May, on wheat and the trunk lines in the well-known pooling arrangement met on corn, and also the average from Buffalo to New York by canal, on Tuesday and adjourned after referring to a committee the ques¬ the same cereals, tor the seasons named tell their own story of tion of a continuance of the percentage allotment scheme. The “hard times” for carriers: committee on Wednesday reported that they found it impossible Lake. ,—Canal. Wheat. Corn. Wheat. Corn. to agree upon any percentages among the several roads. A Cte. Cts. Cts. Cts, member of the conference said afterwards to a World reporter 1878.. 2*5 2*2 5*8 5*2 that the Michigan Central had demanded 35 per cent, the Lake 1877 3-5 2 9 5*8 50 3 0 2 7 67 5*8 Shore & Michigan Southern 30 per cent, and the Pittsburg Fort 1876 1875 3 9 3 7 - 74 66 Wayne & Chicago Railroad 30 per cent, leaving next to nothing 1874 4*5 4 0 11*7 108 of the amount necessary * / * for the Baltimore & Ohio. When it was found that the Chicago committee could not possibly agree, all hope of effecting the - objects of the conference was abandoned, and President Ingalls, of the Indianapolis Cincinnati & Lafayette Railroad, moved to Adjourn sine die. Before adjourning, Pool Commissioner Guilford, who was appointed last March, tendered his resignation. Mr. McCulloch said that the failure of the conference to accom¬ plish its objects leaves the various lines to act each for itself, the three-months' arrangement entered into last March having terminated on Tuesday. However, the manager of one of the lines running east from St. Louis said that the present indications are that the would continue the percentages St. Louis roads three-months' arrangement. Of the five lines all consented to this continuance except the Indianapolis & St. Louis Railroad. A representative of this latter road thought that it also would favor the continuance. After the adjournment of the conference a meeting of the Western execu¬ tive committee was held, Mr. McCulloch presiding. It was upon in the had positively agreed was resolved that at of the Lake Shore & Michigan Southern Railway a meeting of as many of the freight agents of Western roads as are represented in New York be held to arrange rates east of Indianapolis and Cincinnati on a more resolved to continue that organization. the call of the general freight agent It renumerative basis than the present. The Tribune says: “ The trunk line managers and the execu¬ tive committee met yesterday afternoon, and in view of the aban¬ donment of the east-bound freight pooling compact, it was de¬ cided to arrange the trunk line percentage on a basis of 20 cents from Chicago, 46 per cent to be divided among the trunk lines, and the Western roads to be left at liberty to regulate their eastbound freights as they pleased. Complaint was made that the Canada Southern and Michigan Central roads their cars from the Erie and North Shore had withdrawn line, and it was desired to establish an inde¬ charged that these companies pendent line. Another question discussed was the charge that the Grand Trunk line had been taking ocean freight from Boston to the West much below the agreed tariff, and that in other respects it bad violated the apportionment scheme. Both these matters were referred to Commissioner Fink.” The c report of the Chicago shipments for the period from March 11 to April 30 has been published, showing the following number of tonB of each class shipped by each route : . Route— First. Michigan Central.. 143 Class. Second. Third. 44 25 30 955 806 , Fourth. 69.986 Special. 7,434 Total. 5,815 78,562 69,630 7,863 48,533 1873 1872 1871 .... 1870 .: 7*4 8*0 6 5 7*4 11*8 ‘ 12 8 10*6 11 8 4*5. 5*0 4*1 4*4 11*5 11*5 10*5 10*7 It will be observed that the average for last month is just half that for May, 1870, when vessel-owners supposed they had got as low as they could and live. Nevertheless, only the very largest and most economical vessels can be operated at these figures, and there is no money in them even then. Leavenworth Lawrence & Galveston.—The sale of this road, 5, has been adjourned to Wednesday, July advertised for June 10,1878. . Missouri County Bonds*—A meeting was held at Mexico, Mo., last week, composed of representatives from the counties of Scotland, Ralls, Boone, Jackson, Knox, Sullivan, Howard, Lincoln, Linn, Cass, Pike, Franklin and Randolph. The object of the meeting was to consider terms of compromise with their bond¬ holders. The debts of the counties were said to range from $1,300,000 to $79,000. It was proposed that heavy assessments candidates for office, and the proceeds and defend the suits of bondholders. The speeches were violent and denunciatory, and it was claimed that the bonds were illegal. The following preamble and reso¬ lutions were adopted : should be levied upon all be used to pay attorneys Whereas, The people of counties and townships represented in this conven¬ oppressed by overwhelming, unjust and fraudulent created, as we believe, without authority of law; therefore, fully recognizing the fact that the welfare of all good citizens depends upon the supremacy of law, and denouncing with scorn ary imputa¬ tion that we propose any violation of just obligations, but realizing the unquestionable advantage which may result from concert of action in resisting tion find themselves bonded indebtedness, the powerful interests which have been corruptly combined against the unfortunate taxpayers of defaulting counties of Missouri; be it resolved— First—That we recommend the formation of a State organization of counties, townships and other communities now pursued with unjaet claims, and the immediate lormation of proper local organizations in order effectually to carry out the objects of said State organization. Second—That we advise the appointment of a central committee of one member from each county, who snail organize such open, lawful resistance as be deemed advisable, and that a fund of at least f10,000 be placed in their hands, which fund shall be raised by voluntary subscription of the people for may the purpose of accomplishing legitimate objects, not including fees of attor¬ neys or other expanses which the respective county authorities are authorized to provide for. a committee of five be appointed to prepare an address to the people of Missouri: and that this convention adjourn to meet at Macon City on the fourth Tuesday in August, 1878. Third—That Montclair & Greenwood Lake.—At a meeting of the various security holders of this company, the following were appointed 333 * * ’22,682 a committee to prepare a plan in reference to the sale and reorgan¬ 34 437 7* 12,703* ization of the road : Cyrus W. Field, M. K. Jesup, Edward 107 Total 884 3,087* 207,620 21,912 233,110*4 Cooper, Samuel J. Tilden, Egbert Starr and George W. Stanton, The Railroad Gazette says of this movement: “ Of the freight, of New York ; A. W. Benson, of Brooklyn; Arthur 3. Elliott, 0*16 per cent was first-class, 0*05 second class, 132 third-class, of Troy; and Henry S. Pierce, of Scranton, Penn. 89*07 fourth class and 9*10 per cent special. The three upper New York Lake Erie & Western (Erie).—A comparative Claeses altogether formed but 1*53 per cent of the whole. The statement of earnings and working expenses of the Erie Railway proportion shipped by each road was : for the month of March, 1877 and 1878, is published in London Michigan Central 33 7 per cent. by the reconstruction committee. Lake Shore & Lake Shore li3 Pittsb. Ft W. & C 109 PitUb. C. & St. L.. 2 Baltimore & Ohio.. 27 . 1,2j2 Michigan Southern Pittsburg Fort Wayne & Chicago Pittsburg Cincinnati & St. Louis 29*9 per cent. 20 8 per cent. 9 ? per cent. Baltimore & Ohio Total 62,851 39,239 22,346 13,193 .* “The average 5 9 per cent. 100 0 per cent. daily shipments (excluding Sundays) were 9 class, 2$ of second class, 7l£ of third class, 4,828$ of fourth claps and 509$ of special freight, making 5,421 tons in all—enough to load 18 trains daily of 30 cars each. “On this business a difference of five cents per 100 lbs. makes a difference of $5,421 per day, or about $1,700,000 per year, in the net earnings of the railroads. The most striking fact shown by these reports, of which that for Chicago ought to be fairly representative of Northwestern shipments, is the utter insignificance of the higher classes of freights. It must not be concluded, however, that all freight from the West pays only the lowest rate.- In the first place, live stock, which now pays about two and a half times the fourth-class rate, is not included in the business reported, the division of that traffic being otherwise provided for. Again, in the special freights are included the fresh meat and other refrigerator-car freights, cheese and some other articles which do not figure in Any of the other four classes; but the chief exception is cured meats, lard and other hog products, which form an enormous amount of freight from the Northwestern packing cities, and which usually pay considerably more—a quarter or a third more— than fourtli class freight. This is not the case now, however; bog products, like grain, pay the lowest rate—20 cents per 1Q0 lbs. from Chicago to New York. Now the Northwest has sub¬ stantially all its freight, except live stock, carried by rail, to the East at a price equal to 0*44 per cent per ton per mile by the tons of first M •shortest route—a rate which may eminently disastrous 1877. Gross earnings Working expenses Net earnings .. 1873, $1,147,207 825,369 $373,569 $321,838 The net earnings for the firBt six months of the financial year exceed those for the same period last year by $746,204. The directors of the New York Lake Erie & Western Rail¬ road yesterday adopted a resolution to lay a third rail from — Waverly to Jersey City, a distance of 256 miles. The Executive Committee was instructed to act with the General Superintend¬ ent in having the work carried on, and to arrange also for the purchase of the necessary equipment for narrow-gauge service. The line from Waverly west to Buffalo, and portions of-the road between Waverly and Jersey City, are already supplied with ft third rail, so that only about 200 miles of new rails are necessary to fHrnish a full narrow-gauge road between New York and Buffalo. Bids were opened yesterday for Bessmer steel rails for the proposed improvement of the line, which average $44 75 per ton. Northern of New Jersey*—Notice is given that the holders willing to with of the first mortgage bonds of this company are extend the payment of the principal of their bonds for ten years from July 1, 1878, at six per cent interest, will please call their bonds at the office of the company, No. 197 Reade street, New York, before the 1st of July next/to sign the extension, receive new interest coupons. V ' Those holders who are not willing to make the extension at the reduced rate of interest will be paid, according to the terms of the mortgage, at the office of the company. This is a good, fair arrangement, and bondholders will be more who be good for the shippers, but is likely to take new 6 per cent bonds so well secured, from very fact that no attempt is made to force them to extend. to the carriers.” 1 $1,170,714 797,144 and the ■ June THE CHRONICLE. 15, 1378.] £hc Commercial gimcs. COMMERCIAL EPITOME. .Friday Night, June 14, 1878. Jane has been 7 cold, wet and unseasonable till within the past day or two, and trade that depends upon warm weather has con¬ sequently been kept much in abeyance. An improvement in this regard may now be expected. Prises the past week have gener¬ ally tended downward. The speculation in breadstuffs and provisions has been followed by more or less re-action, and in other staples redactions in quotations have been made, except in cotton, which has further advanced, but with a fitful, feverish market. On the whole, the feeling in trade circles is one of depression, which is not a little contributed to by the constant meddling with currency questions at Washington. The speculation for advance in pork has been checked and the dose to-day was nearly nominal, at $10 for mess on the spot and the next two months. Lard further improved early in the week, bat closed quiet at $7@7 05, spot and July; $7 10@7 12£ for August; and $7 all the year. Bacon is firmer and was lairly active to-day at 5J@5^c. for Western long clear. Cut meats have been active at full prices, the sales being liberal of pickled rib bellies at 5@5£c. and pickled Western hams in tierces at 8£@9Jc. Beef and beef hams are without essential change. Butter slightly improved, but closes dull. Cheese has been higher, but closes easier at 7@&$c. for good to choice factory. Stearine is firmer at 7$@7fc. for prime to choice. Tallow is dull at 7 l-16@7£c. for prime. The following is a comparative summary of aggregate exports from November 1 to June 8, inclusive: 1877-78. Pork, lbs 43,565,800 Bacon & cut meats, lbs. 423,060,151 Lard, lbs 237,789,913 Total, lbs. 704,435,864 Increase. 1876-77. 40,359,000 322,232,412 152,659,739 8,226,800 100,827,739 85,180,174 515,251,151 169,184,713 Decrease. . . . The market has been dull for Kentucky tobacco, and the sales for the week were only 350 hhds., of which 50 were for con¬ 601 OOTTON. Friday, P. M., June 14, 1878. The Movement of the Crop, as indicated by our telegrams from the South to-night, is given below. For the week ending this evening (June 14), the total receipts have reached 11,231 bales, against 12,380 bales last week, 18,220 bales the previous week, and 19,732 bales three weeks since, making the total receipts since the 1st of September, 1877, 4,219,715 bales,, against 3,923,562 bales for the same period of 1876-7, showing an increase since Sept. 1, 1877, of 296,153 bales. The details of the receipts for this week (as per telegraph) and for the corresponding weeks of five previous years are as follows: Receipts this w’k at 1878. New Orleans 1877. 1876. 1875. 1874. 2,146 2,543 3,232 1,031 Mobile 866 181 239 239 Charleston Port Royal, &c Savannah* Galveston 361 243 607 418 996 1,068 92 231 313 2,068 1,507 1,052 763 1,818 1,489 480 333 171 38 642 5,836 1,588 Indianola, &c Tennessee, &c.. 11 1,898 . Florida 1,225 42 .... 7 12 5 107 143 498 237 1,744 1,117 1,376 2,161 3,020 262 62 27 38 5 11,231 8,526 8,444 12,838 12,163 City Point, &c Total since 2,510 .... Norfolk ... .... 276 North Carolina Total this week .... 3,828 Sept. 1. 4,219,715 3,923,562 4,037,057 3,435,134 3,740,150 The exports for the week ending this evening reach a total of 19,102 bales, of which 9,216 were to Great Britain, 7,254 to France, and 2,632 to rest of the Continent, while the stocks as made up this evening are now 217,096 bales. Below are the stocks and exports for the week, and also for the corresponding week of last season: EXPORTED TO— Week Total STOCK. Same this Week sumption and 300 for export; prices, however, remained firm; ending Great Conti¬ Week. 1877. 1878. 1877. lugs, 2^@4jc, and leaf, 6J^13c. In seed leaf the movement has June 14. Britain. France. nent. been unusually large, the sales exceeding 3,600 cases, and em¬ N. Orl’ns 2,683 1,917 7,054 11,654 17,705 47,611 92,113 bracing a large line of new crop Ohio, as follows : 124 cases, 5,222 5,695 10,805 1877 crop, New England, private terms; 100 cases, 1876 crop, Mobile.. 1,066 1,182 New England, ll@19c.; 630 cases, 1877 crop, Pennsylvania, 9@ Charl’t’n 2,834 204 2,696 5,825 12c.; 400 cases, 1876 crop, Pennsylvania, 7£@30c ; 2,325 cases, Savan’h. 1877 crop, Ohio, 7±@8c.; and 42 cases, 1877 crop, Wisconsin, Galv’t’u7,790 5,548 15,484 200 100 2,894 3,394 14,182 131,925 141,175 private terms. The movement in Spanish tobacco has been to a N. York. Norfolkfair extent, and sales included 600 bales Havana at 80c. @$1 10. 2,003 2,003 2,439 6,305 615 Brazil grades of coffee have continued quiet; early in the week Other*.. 1,636 2,251 4,108 20,000 35,000 a decline took place to 15£@16£c. for fair to prime cargoes Rio; Tot. this the movement, however, has not been augmented thereby. Stock week.. 9,216 7,254 2,632 19,102 50,277 217,096 309,541 here in first hands on 12th instant, 94,570 bags. Mild grades were in steady sale at about previous prices. Late transactions Tot.since include : 9,000 mats Java, ex “ Macassar/ sold before arrival, on Sept. 1. 2079,648 493,049 665,505 3238,202 2925,679 The exports this week under the head ol “other porta” include, from Balti¬ private terms; 3,233 bags Laguayra, ex “ B. J. Willard,” on private more. ft 15 bales »o from Boston, 1,536 bales to Liverpool; Horn Phila¬ terms, and 7,648 bags Maracaibo, 213 bags Laguayra, 187 Costa delphia, .00 bales toContinent; Liverpool. Bica, and 610 Mexican, in lots for consumption within our range. In addition to above exports, our telegrams to-night also give Bice has sold very fairly and at good, firmer prices. Molasses has us the following amounts of cotton on shipboard, not cleared, at continued dull and nominal; 50-test Cuba refining quoted at 35c. the ports named. We add also similar figures for New York, Refined sugars have latterly been quiet; standard crushed quoted which are prepared for our special use by Messrs. Carey, Yale & at 9&a9£c. Raw grades have continued quiet, with more or less Lambert, 60 Beaver street: weakness noticeable ; fair to good refining Cuba quoted at On Shipboard, not cleared—for 74@?fc. - .... .... . . J . .... .... .... .... .... .... . .... . .... .... . . . .... . . .... . .... .... * Hhds. Boxes. Stock Junc*l, 1878 51,139 12,032 773 Receipts since June 1, 1878 .'. 27,831 Sales since June 1, 1878 823 17,183 Stock June 12, 1878. 11,982 61,782 Stock June 13.1877. 84,852 14,572 The naval stores market has presented more Bags. 116,090 184,252 112,640 137,702 146,337 Melado. 9 58 8 8 718 1,028 1,378 June 14, at— Liver¬ pool. New Orleans Mobile Savannah France. Other Foreign Coast¬ wise. 13,000 2,746 400 200 1,000 None. None. None. None. None. None. 800 Leaving Stock. Total. 14,600 2,746 33,000 2,949 800 1,896 •- tone and regular¬ Galveston None. None. None. None. None. 5,548 ity during the past week than for some time previous; the export New York None. None. 3,500 6,264 125,661 2,764 demands have been better, especially at the Southern ports. Total 400 19,246 1,800 2,964 24,410 169,054 Spirits turpentine was quoted to-day at 30@30£c., and firm ; com¬ mon to good strained rosins at $1 50@$1 Petroleum 55. has From the foregoing statement it will be seen that, compared been rather duli, but in the main steady; crude, in bulk, quoted with the corresponding week of last season, there is a decrease *t 7|c.,and refined, in bbls., at life., June and July deliveries. in the exports this week of 31,175 bales, while the stocks to-night The business in pig iron, whether American or Scotch, is at a are 92,445 bales less than they were at this time a year ago. The standstill, and all prices are nominal, with a tendency toward a lower basis. Rails are firm, with a rumored sale of 20,000 tons following is our usual table showing the movement of cotton at all the ports from Sept. 1 to June 7, the latest mail dates: Steel, deliverable in the next few months at the Erie track, at RECEIPTS SINCE EXPORTED SINCE SEPT. 1 TO— $44; this, however, needs confirmation. Ingot copper was quiet SEPT. 1. nut steady at 16f@16£c. for Lake. Hides have Ports. Stock. Great Other latterly been more France. Total. active and steady; sales to-day include 30,000 dry Entre Rios and Whiskey closed at $1 08@$1 084, la* paid. :■ There has been a very large movement in ocean freights, both of berth and charter tonnage; all rates have been more or less steady, except that for the latter some irregularity has been noticeable at times. Late engagements and charters include: drain to Liverpool, by steam, 7£@84d. per bush.; cotton, 15-64d. per lb.; bacon, 80s. per ton; cheese and butter, 40s. per ton; clover seed, by pail, 25s. per ton; grain to London, by steam, 9fd.; .flour, 2s. 6d ; grain, by sail, 8@8fd.; flour, 2s. 3d.; ros;n, 2s. 7fd.; grain to Avonmoutb, by steam, 8|@9d.; do. to Glasgow, by «team, 9(®9fd.; flmrjto Bristol, by steam, 2s. 9d.; cheese, 45s.; grain to Bremen, by sail, 8d.; do. to Cork for orders, 5s. 10|d. per quarter. To-day rates ^w^re about steady, with a fair busings?. Grain to Liverpool, by steam, 84d.; do. to London by steam,J9£d.; do. sail,8£d.; do. to Copenhagen, 6s. 3d. per qr.; do. to Antwerp, 08. 91; refined petroleum to the Baltic, 4s. 9d., 4s. 10fd.@5s.; do. In cases to Alexandria, 30c: gold; do to the Levant, 314c.; crude do., in bbls., to Havre or Bordeaux, 4s. fid. Concordia, mostly sold in Boston for this market. 1877. 1876. N.Orlns 1359,741 1169,375 Mobile. 409,338 355,485 Britain. 786,379 317,567 300,193 1404,139 60,801 103,635 26,146 31,566 161,347 7,607 131,935 .70,355 103,584 305,874 2,156 176,247 36,351 138,748 351,346 3,607 186,172 26,971 11,291 224,434 6,550 5,550 36,234 350,415 146,751 308,631 466,874 469,644 Galv.*. 440,460 498,279 N. York 142,442 120,041 Florida 20,373 14,199 N. Car. 141,465 127,961 35,007 Norfk* 500,558 546,812 154,684 Other.. 156,746 140,192 187,742 Char’n* Sav’h.. 456,371 587,164 This yr. 4208,484 Lastyr. Foreign 2070,432 1,780 1,075 19,890 2,929 18,438 56,677 158,688 206,180 407 5,637 20,500 485,795|662,873 3219,100 254,016 3915,036 2023,057 442,370 409,975!2875,402!359,092 Unaer the head of Charleston Is Included Port Royal, &c.: under the head of Galveston is included Indlanola, &c.; under the head of Norfolk Is Included City • Point, &c. - These mail returns do not correspond precisely with of the telegraphic figures, because in preparing them it necessary the total is always to incorporate every correction made at the $orts, , ■ ‘-V:-rr ;v-;< 007.14 430. THE CHRONICLE. 602 There was a the spot A good demand for home consumption, with strong and buoyant market for cotton on early in the week. business for export some and speculation, the prominent were Quotations were advanced i-16c. on Monday, and again 146c. on Tuesday, to ll|c. for middling uplands. But at this advance, the market on Wednesday and Thursday ruled quiet. To-day, quotations were revised. All low grades were advanced features. Bale?. 300 rt*. 11*64 Baler. 400 CU. 11*17 8,800 3,300 6,000 10,700 4,800 17,600. 11*65 11*66 11*87 11*68 11*69 11*70 1,000. 11*18 15,600 11*71 3,700. 4,400 0,200 5,000 84,500 11*73 11*73 11*74 11*75 11*19 700 , For Ma ob. For December. Pales. 200 Cta. 11*02 1103 11*04 11*05 1,600...... 1,800. 1,000... 3,100..........11*20 11*21 11*22 2.100.... 500 [V<*» XXV1. 11*06 11*07 1110 11*11 700 300 900 600 800 500.. 600 800 11*23 1,600 11*24 1,000. ....11*25 1,000 1126 1,800. .... 11*27 4,00a.. . ...U*i8 2,100 11*29 1113 rale* 100 100. cu. 11*24 11*30 200 400 100 100 11*84 11*35 11*38 11*45 Tooo 11*13 |c.—the high grades were advanced 1- 16c., except “ fair,” which For April. 11*14 was advanced o-16c.—low middling and middling remained un¬ 200 11*84 400 100... 11*80 11*85’ 8,000 changed. The market was active for export and consumption. 400. 11*36 For September. For future delivery, the first half of the week, the speculation 200 For Ja- uary. 11*38 500 ...11*36 19,800 was nearly at a standstill, owing to the absence of advices from 100. 11*39. 1,000 11*88 500 1108 100 100 11*09 11*43 For November. 1,000 11*39 Liverpool, that market having been closed for the Whitsuntide 4,000 200 11*10 100 800 1103 11*44 1140 500 100 500. 11*04 1114 11*43 11*41 holidays. Saturday, however, was rather dearer, a feature being 2,600 11*46 11*16 200...... 1,400, 11*05 11*42 that the advance was only for the summer and early autumn 700 1106 11*18 1,300 11*43 11*07 100 11*19 11*44 400 ~L800 months, thus reversing the recent course of values ; but on Tues¬ 700 11*08 11*45 day, the winter and spring months again showed the most 8,900 600 11*09 2,100 5,700 11*46 500 11*10 For May. 11*47 strength. On Wednesday, Liverpool opened active and buoyant, 4,700. 8.000 11*48 Fnr February, 100 11*47 1,300..., 11*11 and we advanced 6@8 points, carrying us 8@10 points abeve the 100 11*50 700 11 12 100.. 3114 2,800 11*49 400 100 11*15 11*13 100..........11*52 close on the previous Friday; but yesterday, although the re¬ 400. 11*50 900 100. 400 11*14 11*17 11*53 port from Liverpool was again favorable, most of Wednesday’s 43,500 SCO 11 25 11*15 1,800 700 For October. advance was lost. The bull party were free sellers to realize, 500 100 11* !0 9,700 and by many of the more conservative it was doubted whether, The following exchanges have been made during the week: being much above the parity of foreign markets, we can safely | *19 pd. to exch. 100 Sept, for Jan. continue to push up values. Early in the week the crop reports *15 pd. to exeb. 400 Sent, for June. from the Southern Exchanges were published, advising a slight The following will stow the closing prices bid for future increase in the area planted, and generally favorable conditions, delivery, and the tone of the market at three o’clock P. M., on but some parts suffering from excessive rains ; they attracted, the several dates named: however, very little attention. The first report for the season, MIDDLING UPLANDS—AMERICAN CLASSIFICATION. from the Agricultural Bureau at Washington, is expected to-mor¬ Mon. Tues. Thurs. Fri. Wed. Fri. Sat. Market— Var’ble. Firmer. Easier. Firmer. Higher. Lower. Lower. row or Monday. To-day, futures were variable, but generally 11*59" 11*56 11*64 11*56 11*59 11*58 11*58 June slightly lower towards the close. 11*65 11*70 11*62 11*61 11*64 11*63 11*63 July The total sales for forward delivery for the week are 207,900 11*70 11*67 11*65 11*67 11*67 11*68 11*75 August 11*45 11*41 11*49 11*40 11*42 11*43 bales, including — free on board. For immediate delivery the September 11*38 11*26 11*24 11*29 11*19 11*21 11*20 11*18 total sales foot up this week 10,582 bales, including 1,887 for October 11*05 11*15 11*13 11*05 1107 11*10 11*05 November export, 8,205 for consumption, and 990 for speculation. Of December 11*12 11*05 11*14 11*09 11*05 11*04 11*06 the above, 50 bales were to arrive. The following tables show January 11*17 11*12 11*15 11*09 11*19 11*09 11*08 11*15 11*19 11*25 11*21 11*17 11*25 the official quotations and sales for each day of the past week: 11*16 February * .. . ... Saturday, Juue 8, Friday,June 14. Sat. Hon Sat. to 9% 9% Good Ordinary. 10% Strict Good Ord... 10% 11 Low Middling Strict Low Mid.... 113ie Ordinary $ lb. Strict Ordinary... .. Middling 9% 97*6 91316 9% 105X6 10% 1013j6 10% 11 nil6 101*26 10% 12116 12% 12916 12% 131lfi 13% 12916 12% 131xfl 13% Fair 9% 9% §!*!. 10% 10% 11316 11% 123.6 12% 1211.6 12% 133,6 13% 9% 9% 9% 9% 9% 9% 9% Good Ordinary— 1038 Strict Good Ord... 10*8 Low Middling 11% Strict Low Mid.... 11516 10% 1038 10% 10% 11% 11% Middling 11% 11% 11% 11% Good Middling Strict Good Mid... . . 9% 9% 9% 9% 10 10 10 10% 10% 10% 10% 10% 11 11 11 10% 11 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 12 11% 12 12 12 13*1* 133m | Frt. Tb. Frl. Tb. 9% 9% 9% 9% 10 Tb. 10 10 10% 10% 10% 10% 10% 11 11 11 11 11% 11% 11% 11% 11% 11% 9% 10 11*16 11*16 11716 H716 H716 H71« 11% Good Middling.... 11% lH5i6 11% Strict Good Mid. 123j6 12% 123i6 Middling Fair 121*x6 12% 121116 Fair.... 133lft 13% 133,6 . Good Ordinary Strict Good Ordinary Low Middling Middling 1 $ lb. 9% 9% 10% 10% Sat.. Mon.. TUeA. Wed.. Friday only: Total Great Britain stock Stock at Havre 81 ock at Marseilles Stock at Barcelona Stock at Hamburg— Stock at Bremen Stock at Amsterdam Stoek at Rotterdam Stock at Antwerp. Stock at other conti’ntal ports. . Total continental ports.... 10% 11 10% 11 11 11% FUTURES. Sales. eries. 34,700 810 16,600 300 500 2,094 16,100 50,900 400 706 49.800 4,631 1,900 39.800 800 10,582 207,900 4,500 Total.' 1.387 8,205 990 1.302 .... .... free delivery, the sales.(ineluding on 600 board) haye reached during the week 207,900 bales (all middling or on the basis of middling), and the following is a statement of the ssfes and prices: For Jane. Bales. cti 100 11-53 100 fl.n.tttlrirso 100... 11-66 4$0 •11.12th 11*57 . 700,.........21*57 8300...... 11-68 lOOui.lOtbll 59 r ales. Cta. 100 f.D.ltth 1159 1,100.... 1,500 . ...11*50 11*60 500.... .....11*61 600 11*62 2,100. 1,500. ,..12*63 11*64 66,000 12,250 6,500 18,250 59,750 79.500 11,500 15.500 8,250 16,000 18.750 41,250. 10,000 4,250 15,000 439,750 470,250 22.750 493,250. For Bales. 1,100.. 700 2,000 3,100. 5300. 2,000. Ct«. Bales. 700 11*60 1,500 11*69 11*61 700 1170 July. - - Cfc'. 1108 11*62 11*63 22300 11*64 For August. 11*8 *1 100 11*62 111*6 1 .11*67 j 1,500 11*63 14,750 378,000 1,581,250 1,571,000 1,489,250 18,071 351,000 220,000 445,000 193,000 24,000 309,541 31,380 11,000 22,000 326,702 46,608 597,000 222,000 67,000 250,858 25,606 2,000 2,000 Total visible supply.bales.1,896,917 2,528,171 2,606,310 2,653,714 Of tbe above, the totals of American follows: and other descriptions are as American— ‘4. Liverpool stock Continental stocks American afloat to Europe.... United States stock United States interior stocks.. United States exports to-day.. 678,000 605,000 -680,000 381,000 220,000 309,541 377,000 151,000 217,096 18.071 ~v 31,380 8,000 11,000 343,000 193,000 326,702 46,60S , 2,000 597,000 191,000 222,000 250,858 25,606 2,000 bales.1,449,167 1,632,921 1,516,310 1,288,464 Total American .East Indian, Brazil, <£c.— Liverpool stock... .. London stock. Continental stocks India afloat for Europe Egypt, Brazil, &c., afloat Total East India, &c Total American..... 380,000 12.000 62,750 384,000 47,000 421,000 51,750 406,000; 108,250 351,000 445,000 597,000 24,000 22,000 150,250 89,250 - 183,000 187,000 67,000 895,250 1,090,000 1,365,250 10,000 447,750 1,449,167 1,632,921 1,516,310 1,288,464 .i »i-t 1,896,917 2,52^171 2,606,310 2,658,714 supply Price Mid. Upl., Liverpool.. .. 6&led. 6fi«(L 6Sied. 7^isd. Total visible These figures indicate a decrease in the cotton in sight to-night 631,254 bales as compared with the' same date of 1977, a decrease of 709,393 bales as compared: with the corresponding date of 1876, and a decrease of 756,797 hales as compared with 1875. At the Interior Ports the movement—that is the receipts and shipments for the week, and stocks to-ni^ht, -and fpr the corresponding week of 1877*—is set out in detail in the following of . 13300 38.250 .. Deliv¬ 1,039 i,io6 3,050 For forward 55.500 8,000 810 894 506 71,000 12% 121 188 200 481 . 17,GOO Total European stocks.. ..1,309,750 India cotton afloat for Europe. 183,000 Amer’n cotton afloat for Eurpe 151,000 Stock in U. S. interior ports... United States e? p >rts to-day.. 8,750 81.250 7,000 1213x6 12% 135,6 13% 9% 1875. 41,750 1251« 10 1876. 8,000 91,250 15,000 12*16 12% 1213.6 12% 135.6 13% 1,039 1,906 54,000 12% 12% 13% Dull, higher Firmer, higher.... Firm, unco. quot. Thins Quiet, unch. quot. Fri. Steady^revis.quot. 287 11,000 Egypt,Brazil,&c.,aflt for E’ripe 10,000 Stock in United States ports 217,096 9% 1877. 6,500 121x6 9% 4*82% made 51,500 12 9% 9% 10% Quiet. 100% 870,000 1,111,000 1,077,750 1,111,250 164.500 187,000 230,000 221,750 12%6 9% 9% 10% as 1878. 12 9iJ*g Quiet. 858,000 1,064,000 1,026.000 1,003,000 47,000 12,000 51,750 108,250 111*16 Frl. 11*31 11*41 11*52 11*60 100% 4.82% ’ 11% Tb. 11*35 11*45 11*53 11*60 11*35 11*45 11*54 11*65 Firm. 101 up by cable and telegraph, is as follows. The Continental stocks are the figures of last Saturday, but the totals for Great Britain and the afloat for the Continent are this week’s returns, and consequently brought down to Thursday evening; hence, to make the totals the complete figures for to-night (June 14), we add the item of exports from the United States, including in it the exports of 11% Ex¬ Con- Spec- Tran¬ port. sump uPt’n sit. Total. Steadier Cotton, 11% Mob Tues Wed 11*28 11*39 11*48 11*60 Steady. 100% 4*82% 4*82% 4*82% 11% SALES OF 8POT AND TRANSIT. CLOSED. 11*35 11% MARKET AND SALES. SPOT MARKET 4*82% The Visible Supply of STAINED. Sat. 4*82% - Frl. 9% 10% 10% 10% 10% Strict Good Ord... 10% 10% Low Middling..... 11% 11% Strict Low Mid.... 11*X6 11B16 11% 11% Middling Frl. 9% 10% 10% 9% Exchange Stock at Liverpool.. ....I. Stock at London ISS. iSS. 136,. 136,, 136„ H36,;® 1211x6 $ B>. 9% Strict Ordinary... 9% Good Ordinary.... 10% Wed 10 123j6 Middling Fair Ordinary 101*,6 11*16 11*16 11*16 U%6 11716 11716 11716 Fair Tb. 10716 11*24 11*45 11*60 11*60 Transfer orders Closed— Steady. Steady. Quiet. 101 101 Gold i.. 100% ■ 9% 11% 11% 91* 16 123.6 12% 121% 12% 133.6 13% Tues Wed Tues Wed Tues Wed Tues Ordinary $} lb. 8trict Ordinary.. 9*16 H116 11% 11*16 11316 11% 11*16 11% 11*16 11% 1138 11716 11% H916 11% H»16 11% 111*16 11% 1H*16 11% 111*16 1138 Good Middling.... 11% Strict Good Mid... i21i6 12% Middling Fair 9% 91*16 9% 10°16 10% 11*26 11*37 11*45 11*27 11*37 11*44 11*60 April May Mon Sat. Mon. Hon Sat. 9716 March TEXAS. . 01.82 ALABAMA. N. ORLE’NS UPLANDS. statement: .. Week ending June Receipts Shipm’ts Augusta. Ga... Columbus, Ga... - Week Stock. Receipts Shipm’ts Stock. 489 1,264 3,234 15i 170 245 58 298 1,021 23 28 18 52 391 100 1,418 1,882 1,522 28 194 1750 8.645 1,121 Total, old ports. 1,882 4,451 18,071 Dallas, Texas.... Jefferson, Tex. .. 43 34 125 253 29 10 144 449 39 158 62 829 465 79 72 Ga...... A1 Ala. Memphis, Tenn... Nashville, Term.. Selma, Shreveport, La.* Vicksburg, Miss. Columbus, Miss.. Eufaula, Ala Griffin, Ga Atlanta, Ga 870 28 7 146 517 66 538 Rome, Ga Charlotte, N. C... St. Louis, Mo Cincinnati, O 1,611 Total, new p’rts 3,368 5,250 * ending Jane 15, ’77. 14, ’78. 21 208 70 897 Macon, Montgomery, 220 100 108 136 395 1,099 2,275 3,750 4,630 5,638 11,244 10,039 29,315 | 674 28o 763 4,105 31,380 14 222 200 2 14 104 312 213 40 146 452 .... .... .... • 2,280 623 750 154 129 .... . 43 16 131 140 ; 750 34 17,559 2,802 295 852 374 312 4,249 3,058 1,742 1,296 391 218 147 156 1,653 147 ending- 1877. 1878. 26,287 14 16,560 26,441 17,309 19,995 16,288 '16,330 12,147 13,810 9,669 10,456 9,390 8,444 8,526 59,586 51,391 39,016 38,856 81,196 24,252 20,797 19,732 18,220 12,380 11,231 Total. .279,680 182,010 826,957 5? April “ 12. “ 19. “ 28. May 3. “ 10. “ 17 “ 24. “ 31. Jane 7. “ 1876. 55,804 41,620 30,920 29,858 21.183 18,010 26.641 26,002 Memphis, Tennessee.—Rain has fallen on five days of the past a depth of oDe inch and eight hundredths, and we have had a heavy rain to-day. The weather has been too cold, the thermometer ranging from 58 to 81, and averaging 70. Crop accounts are less favorable, and grass is growing fast. It has week, to been too wet to work. 4,772 | 9,428 52,154 been 1878. 132,495 140,649 tl9,991 130,164 133,363 108,633 127,296 128,411 inch. 20,774 Stock at Inter’r Ports 1877. an 5,323 FROM PLANTATIONS. 1876. dredths of 4,009 5,509 Plantations.—Referring to our remarks previous issue for an explanation of this table, we now bring figures down one week later, closing to-night: Receipts at the Ports. Arkansas.—Telegram not received. Nashville, Tennessee.—The weather during the week has been too cold, the thermometer averaging 67 and ranging from 53 to 77. It has rained on four days, with a rainfall of forty-two hun¬ Little Bock. 10,441 Receipts prom the Week reached four inches. 3,271 fear. RECEIPTS The rainfall has been two inches and 11 that the old interior stocks have decreased during the week 2,569 bales, and are to-night 13,809 I he receipts at the bales less than at the same period last year: iame towns have been 1,119 bales more than the same week last the Average thermometer 78; highest 91 and lowest 66. fifty-six hundredths. Vicksburg, Mississippi.— We are having too much rain. It has rained this week on two days, the rainfall reaching three inches. The thermometer has averaged 75, the highest being 89 and the lowest 62. The crop is developing promisingly. Columbus, Mississippi.—It has rained heavily on five days of this week, doing much damage to crops. The rainfall has brightened. 1,177 3,149 t Actual count. Estimated. cotton, causing it to weed and shed forms. Some crops are very foul, but if dry weatherosets in, the prospect will be materially 552 3(i5 The above totals show in a 603 THE CHRONICLE ^UNE 15, 1878. J 95,979 120,826 117,074 89,142 115,076 117,534 75,550 106,301 97,696 65,770 99,966 86,376 56,433 92,916 79,009 46,305 87,711 67,786 39,025 82,569 57,503 34,154 76,054 52,154 29,315 Rec’pts from Plant'ns 1876. 1877. 1678. 43,299 15,737 48,082 39,289 13,897 40.033 28,052 13,058 26,362 23,388 15,304 32,019 20,252 7,020 17,604 17,666 7,471 14,472 13,660 4,969 10,760 9,230 4,7:0 9.604 10,940 8/05 7,5-9 5,314 1,923 3,171 6,392 • ♦ . . . . 85,406 223.777 Mobile, Alabama. — It has rained on six days and one day has cloudy, the rainfall for the week aggregating one inch and forty hundredths. Crop accounts are less favorable. Some sec¬ tions are having too much rain, but in others the rain is proving beneficial. The thermometer has averaged 80, the extreme range having been 67 and 92. Montgomery, Alabama.—During the earlier part of the week the weather was clear and pleasant, but the last four days have been rainy, raining yesterday (Thursday) very heavily, and it is s ill raining. The thermometer has averaged 77, with an extreme range of 91 and 63, and the rainfall has reached five inches and thirty-two hundredths. Selma, Alabama.—We are having too much rain. Rain has fallen this week on four days heavily, the rainfall aggregating five inches. The thermometer has averaged 76. week, the The ther-, averaged 71, the highest being 72 and the lowest 70 Madison, Florida.—It has rained on six days this rainfall reaching two inches and fifteen hundredths. mometer has We are having too much rain. Macon, Georgia.—The earlier part of the week was clear and pleasant, but it has been raining on the last two days. The cotton The thermometer has averaged plant looks strong and healthy. 79. Columbus, Georgia.—There has been too much rain here this we have had an unusually severe storm, with the severest hail storm ever known in this section. Crop accounts are consequently less favorable. The thermometer has averaged 80, and the rainfall has reached two inches and seventy-one hun¬ week, and dredths. Savannah, Georgia.—It has rained on four days this week, the reaching three inches and thirty-two hundredths, and the rainfall This statement shows us that although the receipts the past week were 11,231 bales, the actual from at the ports plantations only 6,393 bales, the balance being drawn from stocks at the interior ports. Last year the receipts from the plantations for the same week were 3,171 bales, and for 1876 they were 1,929 were bales. rest of the week has been cloudy. from 66 to 91, averaging 77. The thermometer has ranged Augusta, Georgia.—The weather during the week has been rains on four days, the cool and cloudy, with heavy and general rainfall reaching one inch and thirty-five hundredths. The crop is developing promisingly, and accounts are more favorable. The thermometer has touched 58 and 92, and averaged 73. Charleston, South Carolina.—We have had rain on three days of the week, with a rainfall of four inches and sixty-seven hun¬ dredths. The thermometer has averaged 76, the highest being 88 Telegraph.—The phst week has been rainy all over the South, and in very many sections decided complaints are made of too much rain, and in some that and the lowest 66. the weather is too cold. We do not believe that any special The following statement we have also received by telegraph, harm, except in limited localities, has been done as yet, but dry, showing the height of the rivers at the points named at 3 o’clock warm weather is certainly very desirable now. June 13. We give last year’s figures (June 14, 1877,) for com¬ Galveston, Texas.—We have had showers on four days this parison : Feet. Inch. Feet. Inch. Week, the rainfall reaching ninety-seven hundredths of an inch. 4 2 3 10 .Below high-water mark We are having too much rain. No serious damage has been 3: 24 6 20 .Above low-water mark... 2 4 5 4 Above low-water mark... done, but much damage is feared if the showers continue. Aver¬ 6 10 19 Above low-water mark... 23 5 0 38 38 age thermometer, 81; highest 90, and lowest 72. Above low-water mark... Indianola, Texas.—It has rained on three days of the week, New Orleans reported below high-water mark of 1871 until showers, and the balance of the week has been mostly cloudy, Sept. 9, 1874, when the zero of gauge was changed to high-water engendering fears of cotton worms. We hear rumors of the mark of April 15 and 16, 1874, which is 6-10ths of a foot above appearance of caterpillars, but think them of very little import¬ 1871, or 16 feet above low-water mark at that point. ance if we can have dry weather. The thermometer has averaged Comparative Port Receipts and Daily Crop Movement.— 80, the highest being 91, and the lowest 70. We have had a A comparison of the port movement by weeks is not accurate, rainfall of ninety-five hundredths of an inch. Corsicana, Texas.—Rain has fallen on one day during the week, as the weeks in different years do not end on the same day of the the rainfall reaching eighty-seven hundredths of an inch. We month. We have consequently added to our ocher standing are having too much rain, and crops are getting grassy. Average tables a daily and monthlyc no statement, that the reader may thermometer, 77; highest 97, and lowest 65. ^Dallas, Texas.—It has rained hard on two days, the rainfall stantly have before him the data for seeing the exact relative teaching one inch and fifteen hundredths. We are having too movement for the years named. First we give the receipts at much rain and much damage has been done. Weeds are growing each port each day of the week ending to-night. 8Q fast they are becoming very troublesome, and much damage is PORT RECEIPTS FROM SATURDAY, JUNE 8, ’78, TO FRIDAY JUNE 14, *78, feared unless the rain ceases. Wheat in stacks has been consid¬ Weather Reports by .. - * erably injured. The thermometer has ranged from 64 to 97, aveiaging77. . Brenham, Texas.—We have had hard rains on four days this week. No serious damage has been done, but dry weather is wanted; otherwise the prospect continues good. The thermom¬ eter has ranged from 72 to 91, averaging 81. The rainfall has reached three inches and eighty hundredths. Orleans, Louisiana.—It has been showery five days this week, the rainfall aggregating two inches and twenty-five hun¬ dredths. The thermometer has averaged 79. Shreveport, Louisiana.—The corn crop is in a very good condi¬ tion, but practical planters claim that there is too much rain for . %'^r.Vv,,^ New Or¬ we’k leans. D’ys of Sat.. 295 Mobile. | 129 i Char- Savan¬ leston. 28 nah. Galvest’n. Nor¬ folk. Wil¬ A11 ! Total. ming¬ others. ton. i 372 165 181 60 171 1,401 200 2 286 Mon 737 369 72 440 530 TUB8 456 94 63 262 271 113 66 537 312 220 672 7 228 381 118 220 10 246 12 914 2,686 1,862 1,920 1,170 2,192 157 2,382 11,231 Wed 246 119 116 Thur 54 85 56 Fri.. 308 Tot’l 2,146 70 866 26 301 203 358 361 2,068 1,507 1,744 604 THE CHRONICLE. The movement each month - Year Monthly Receipts. 1877. Sept’mb’r October.. November Decemb’r January February. . March... April.... May 1876. 98,491 578,533 822,493 900,119 689,610 472,054 340,525 197,965 675,260 901,392 787,769 500,680 449,686 182,937 100,194 68,939 as follows: Beginning September 1. 1875. 236,868 96,314 . since* Sept. 1 has been ,1874, 169,077 610,316 740,116 821,177 637,067 479,801 300,128 163,593 92,600 134,376 536,968 676,295 759,036 444,052 383,324 251,433 133,598 81,780 <r 1873. 184,744 444,003 530,153 524,975 569,430 462,552 309,307 218,879 173,693 96-67 95-77 97-25 96-66 time, different an exact comparison of the 1876-77. 1875-76. 1874-75. 44 2.... “ 3.... “ 4.... 44 5.... 44 6.... 44 7.... 44 8.... 44 44 9.... 10.... 44 11.... 44 12.... 44 44 13...J 14.... Total.. 2,269 1,351 1,254 S. 2,359 2,396 l,243i 1,704 2,409 1,401 S. 2,821 2,309 1,812 1,247 1,531 1,186 S. 2,686 1,862 S. 1,920 1,170 2,192 1,962 2,084 2,784 2,861 1,578 2,003 8. 2,714 1,110 1,925 1,312 1,528 1,209 1,584 3,061 1,385 2,149 1,543 640 724 S. 2,562 1,570 S. 4,161 3,107 1,352 2,921 2,946 1,463 2,201 1,491 S. 3,845 S. 1,892 1,642 S. June.—For the convenience have prepared the following summary of the Exchange reports issued this week, which reports we also give in full. As is well knowo, the States are in Beveral cases divided up between two or three Exchanges, and hence a compilation of this description is useful in helping to interpret the average result: we results of the Cotton North Carolina*—Acreage about the fame as lasty.ar. Weather— One-quarter report good, three-quarters rep« rted cold and wet St .nds— One quarter gocd and three-quarters bad. Fertilzers—On the average, about the same as last year. South Carolina.—Acreage 5 per cent increase from last year. Weather, with few exceptions, more favorable, and plant much more foiward. estimates from 5 to 80 days. Stands very favorable for a good crop. Fertilizers 6 per cent increase. Georgia*—Acreage—Average for the State about 2 per cent increase from last year. Weather unusually fine and favorable. Stands generally very good, and the crop 10 days to 14 days ahead of the last. Fertilizers 10 to 15 per cent increase Florida*—Acreage about the same as last year. Stands are very good and probably 10 days ahead of last year. First bloom this year, May 28; last year, June 13. This does not apply to Sea Islands, which are not in good c ndition. Fertilijers—Very little ever used in this Ptate. Alabama*—Acreage—Average for State inc eased about 1 per cent. Stands fair to very good, only 4 counties reporting them as not good. Earlier by an average of 10 days. Fertilizers in upland counties show a slight increase, ana none are used elsewhere in the Sta*e. Mississippi*—Acreage—Average increase about 2 per cent. Weather more favorable than last year. Stands from fair to very good. Earlier by about 10 days to 14 days than last year. Fertilizers very little used, but increase in domestic manures. Louisiana*—Acreage—Average more favorable than decrease abr ut 1)4 per cent Weather Stands good. Earlier than last year by 10 days to two weeks. Fertilizers are in very limited use^euch as have been used are principally barnyard scrapings and cotton-seed. Texas*—Acreage—Average increase 6 per cent, weather generally more favorable than last year, but many non hern counties complain of too much ntin. 8tands good, except in 6 counties, 2 of which report poor. EARLtSR genera ly from 4 to 4 weeks; 4 counties report later. Fertili¬ zers—None last year. used in 8tale. Arkansas*—Acreage is about same as la6t year, the New Orleans section reporting 1 per cent increase > nd the Memphis section 8 per cent decrease. Weatheb generally np to 10th May too rainy, but since then more favora¬ ble. Stands generally good to very good, though one-quarter of the Memphis replies repori not so good as last year. Earlier by about 5 to 10 cays than last vear. Fertilizers-None are used except domestic, which are recehing increased attention. Tennessee.—Acreage—Average decrease about 5 per cent. Stands ally good to very good, though a few state that they are not as gener¬ good as Earlier by about 7 to 14 days than last year Fertilizers— Very little used, except domestic, which are receiving increased at ention. From the foregoiog summary we may Teach the following resalt as to acreage this year: last year. 1 per ct. 571.448 938.448 1.644,872 220,500 2.001,163 2,035,675 1,265,973 I,530,958 1,069,000 688,940^ II,986,976 according to Cotton Exchange Detailed Cotton Exchange Acreage Reports for June 1.—We give below, in full, the Cotton Exchange Acreage Reports for J une 1. The full reports for last year will be found in The Chronicle of Juno 16, 1877, page 570 : Norfolk Department. The Norfolk Cotton Exchange (H. 8. Reynolds, and R. P. Barry, Committee on Information and Chairman; W. D. Rountree, Statistics) Issues the following report, covering the State of Virginia and the following Counties in North Carolina: Rutherford, Lincoln, Catawba, Rowan, Davidson, Iredell, Burke, Wilkes. Caldwell, Alexander, Davie, Forsythe, Yadkin, Stokes, Rockingham, Caswell, Person, Granville, Warren, Franklin, Nash, Surrey, Hyde, Pitt, Green, Cartaret, Craven, Beaufort, Tyrrel, Washington, Wake, Martin, Bertie, Chowan, Pasquotank, Camden, Currituck, Gates, Hertford, Northamp¬ ton and Halifax. N North Carolina and 8. 2,614 3,176 2,504 3,020 2,370 2,602 Acres. reports, there is this year an increase in the total acreage of about 1 37-100 per cent, and that, with the exception of North Carolina, the stands are generally very good and the plant from 10 to 14 days more advanced than at the same date last season. 3,017 received June 14 in each of the years named. readers, 1-37 p. c. These statements show that, 3,609 day of the month in 1877, and 186,002 bales more than they were to the same day of the month in 1876. We add to the last table the percentages of total port receipts which had been our 11,824,960 Total 4,360 3,310 3,006 4,096 This statement shows that the receipts since Sept. 1 up to to-night are now 295,809 bales more than they were to the same of 6 per ct. Tennessee S. 4,219,715 3,923,906 4,033,713 3,432,193 3,706,404 3,455,420 Percentage of total 9717 port receipts 96-24 98-14 97-43 94-63 for 1,444,300 1.089,000 725,200 Texas shall .. Cotton Exchange reports 1 per ct. 2 per ct. Arkansas. 1872-73. 3,090 2,627 2,614 2,978 2,674 2,442 3,028 2,241 1.981,350 1,995,760 1,285,*2 50 Louisiana Tot.My 31 4,196,104 3,903,725 4,013,875 3,400,862 3,677,240 3,417,736 Rec’pts— Junel.... 5 per ct. 2 per ct. Mississippi movement for the 1873-74. 893,760 1,612,620 220,500 Alabama years. 1877-78. 577,220 South Carolina 93-60 we Increase. Decrease. North Carolina Florida This statement shows that up to June 1 the receipts at the more than in 1876 and 182,229 bales more than at the same time in 1875. By adding to the above totals to June 1 the daily receipts since that be able to reach 1877-78. Georgia ports this year were 292,379 bales Estimate for 1878-79. Actual, States. 1872. 115,255 355,323 576,103 811,668 702,168 482,688 332,703 173,986 127,346 XXVTj COTTON EXCHANGE REPORTS OP ACREAGE. Tot.My 31 4,196,104 3,903,725 4,013,875 3,400,862 3,677,240 3,417,736 Perc’tage of tot. port receipts May 31... fVoL Virginia.—38 replies from 22 Twenty-two replies report about the Thirteen same area of land planted counties. as last year* replies report an increase of 5 to 10 per cent, while thret replies report the decrease in area to be from 6 to 10 per cent Nine replies report the weather equal to last year and stands good, and twenty-nine replies report the weather not so favorable, on account of cold and wet weather, with bad stands. Fourteen replies report the crop tq be from one to two we-ks earlier than last year. Thirteen replies report the crop about the same r and eleven report from one to two weeks later Labor is generally reported asreplies being plentiful. Sixteen replies report increase of fertilizers. Seven replies report the use of fertilizers about the same, and fifteen replies report a decrease in fertilizers. With the present cool and rainy weather cotton is not looking good. very Charleston Department the State of South Carolina, and is prepared and issued by the Charleston Cotton Exchange, through their Committee on Information and covers Statistics, composed of Robert D. Mure, Chairman, L. J. Walker, and A. W. Taft. South Carolina*—Condensed from 77 replies from 28 counties. The acreage planted shows an average increase over last year of five per cent. The weather, with few exceptions, nas been more favorable this year than last, and the plant much more forward, the estimates varying from five to thirty days, averaging ten days earlier. Labor, as a general rule, is abundant and more efficient. The use of commercial fertilizers varies con* eiderably, several counties reporting an increase and others decrease. The average shows six per cent increase. Where commercial fertilizers have decreased, a large increase in those of home manufacture is reported. Eleven counties report considerable damage from cut worms, making re-plantin/ necessa y. Upon the whole, we consider the reports very favorable for a good crop. a * Savannah Department* This report covers the State of Georgia and the State of Florida. The report prepared and issued by the Savannah Cotton Exchange, through their Committee on Information is Clavius aud Statistics, composed of J. H. Johnston,. Phillips, J. J. Wilder, L. G. Young and K. M Oppenheimer. Georgia.—147 replies from 61 counties. The area of land planted in cotton this season is slightly an increase over last year, say two per cent. The weather has been unusually fine and favor* able for the plant, the stands generally very good The crop is ten days to two weeks ahead of the laet. Labor about the same as last year, both as to numbers and efficiency. Where fertilizers are generally used the increase has been 10 to 15 per cent over last season. The present condition of the crop is good. The spring was early, the preparation of the land for planting was better than usual, the fields are clean of grass, and the plant is growing ofl rapidly. Florida*—32 replies from 13 counties. The area planted in cotton this spring was cool and damp, but able this on year is about the same as last year. The the whole the weather has been more favor¬ season than last. The stands of cotton are very good. The crop if in a more forward state than the last, probably as much as ten days ahead. Labor good, and about the same in numbers as last year. Litile or no fertilis¬ ers ever used in this State. The present condition of the crop most promis¬ Firs., bloom in this 8tate May 28th, last year June 18th. The condition good as usual, less la- d v as and the plant in appearance ten days behind what it was at this date planted, last year. ing. of the Sea Island crop is not a9 the State Mobile Department of Alabama as far north as the summit of the Sand Mountains, and the following counties in Mississippi: Wayne, Clarke, Jasper, Lauderdale, Newton, Kemper, Nesholso, Noxubee, Winston, Lowndes, Oktibiba, Colfax, Monroe. Chicasaw, Itawamba, Lee, Pontotoc, Prentiss, Alcorn and Tishamingo. The report is prepared and issued by the Mobile Cotton Exchange, through their Committee on Information and Statis¬ tics, composed of T. K. Irwin, chairman, Julius Buttuer, A. M. Willnsarth, J. covers C. Bush and S. Haas. Alabama*—From 44 counties 92 replies. ^ Montgomery county, the samr and an average increase of IX per cent in *0 upland counties. The weather is generally reported as having been more favorable last An increase of 5 percent is reported In acreage in 12 prai ie or bottom land counties, than year, some few reporting it less so. The standi fair to very good, only 4 counties reporting them as not good—Clarke, Green, Halejrad Winston. The crop is reported to be from the same to two weeks e rlier than last year. The average is abput ten days earlier. Labor if are good and about the izers are same as last year. In the hpland counties, where used, there has been a slight increase. The present condition crop is from fair to very good. • 4 fertu* of the - Mississippi*—From 17 counties 34 replies. An average increase in acreage of 3 per cent is reported. been generally more favorable than last year—two counties ' The weather hie reporting it lw* • Jtraa THE CHRONICLE. 15, .1878.] go. stands are fair to very good, only one county (Newton) reporting them poor- The crop is reported to be from the same to two weeks earlier, the average being about 10 days earlier. Labor is good and about the same as year. Very little fertilizers have been used in this State, but when applied th .re has been a sl’ght increase. The present condition lagood. New Orleans Department ton Production of 1877 compared with 1876—16 report increased number of bales, 12 decrease. 8 about the same; aggregate increase of 1 per cent in bales over 1876; 1 83-100 of the crop is leported yet unmarketed. Past Tears' Advances to planters by merchants— l reports increased advances by mer¬ chants tbe past season, 26 a decrease, 9 about the same; aggregate decrease, 22 per cent. Mew Land and Old— 29 report acreage of new land brought into cultivation averaging 2 per cent; 18 report old land put to rest, mostly by sowing in clover, average 8 per cent. of the crop covers that part of the State of Mississippi not apportioned to the Memphis md Mobile Cotton Exchanges: the entire State qf Louisiana and the State if Arkansas, south of the Arkansas River. The report is prepared and North /Louisiana.— From 37 parishes date, May 31: we have received 87 replies; . 26 to June 4. 23 report an Arkansas—North of Arkansas River—44 responses. Acreage—5 report increased acreage ; 19 a decrease, 30 abont same; aver¬ aging 3 per cent decrease. Weather—20 report excessive rains; 15 very favor¬ able weather; 19 report more favorable than 1877; 6 about same; 19 less favorable. Stands—1 reports never better; 23 very good; 10 moderate'y good; 5 not g>od; 13 report better than 1877; 19 abont same; 12 not so good. Late of Planting—27 report earlier planting; 8 abont some; 9 later; averaging six days earlier; average date of completion, May 10. Labor—10 report an increased number of laborers; 7 a decrease ; 27 about same; aggregating a decrease of M of 1 per cent; 32 per cent reported working for wages, 46 crop shares, 22 reoteis. Fertilizers—All report none but domestic production, which is receiving increased attention. Condition qf Cotton Crop—13 report in¬ the weather had retarded the growth. rapidly. Arkansas.—Fifty-one replies 31st ultimo. from 25 counties of average date i Six report an increase of acreage of 5 per cent, 2 of 8 per cent, 7 of 10 per test, and 31 the same acreage; ! reports a decrease of 5 per cent, and 4 10 per cent the average of the whole being 1 per cent increase. The weather up to the 10th ef May was very unfavorable, the crop being affected by heavy rains and badly in the grass. Since then, however, the weather has been d y and favorable. The stands are good, and the crop is about 5 to 10 days earlier than last season. Labor is universally reported as good and efficient. The present prospect compared with last year, is very good. No commercial fer¬ tilizers have been used. covers the State Galveston Department of Texas, and was prepared and issued by the Galveston Cotton Exchange, through their Committee on Information and Statistics, composed of John Focke, Chairman, J. M. King, H. I. Anderson, Charles Vidor and H. Dreier. Texas.—108 replies from 69 counties. FirstsThe area of land planted in cotton, as compared with last year, is as follows: Two counties report an increase of 25 per cent; five counties, 20 per cent; three counties, 15 per cent; fourteen counties, 10 per cent; 7 counties, 5 per cent; twenty-nine counties, the same as last year; three counties a decrease of 33 1-3 per cent; three counties, 10 per an average cent—making increase of 6 per cent. Second—The character of the weather has been favorable in fifty-six coun¬ ties, unfavorable in thirteen counties, and, as compared with last year, is more favorable in fifty-six counties and less favorab’e in thirteen counties. Third—Sixty-three counties report the stand of cotton good, four counties ► not so good, and two counties poor. Fourth—Pour counties report cotton four weeks earlier, twenty-three coun¬ ties three weeks and twenty-eight counties two weeks earlier than last year; ten counties report the same, and four counties two weeks later than last year. Fifth-Labor is good and efficient. Sixth—No fertilizers are used. Seventh—The present condition of the crop is good in sixty-one counties, not so good, backward and poor in eislit counties. Eighth—Many of the northern counties complain of too much rain. Nashville Department covers Middle Tennessee east of the Tennessee Oowntiis of Alabama /—Lauderdale, River, and the following Franklin, Colbert, Lawrence, Morgan, limestone, Madison, Marshall, Jackson, DeKalb and Cherokee. The report is prepared and issued by the Nashville Cotton Exchange, through their Commit¬ tee on Statistics and Information. Middle Tennessee.— Twenty-three rep'.i es report a decrease of 25 per cent in acreage, 6 report a decrease of 50 per cent, ar d 2 about the same as last year; 19 report weather favorable and 4 less favorable; 18 report stands very good and 5 not so good as laBt year;, 12 report crops as two weeks earlier, 5 one week earlier and d same as last year; 19 report l.tbor as g<>od as last year and 3 better; 29 report no fertilizers were used and i Borne increase; 25 report present condi¬ tion of crop very good, 3 not so good, 2 much rain. ^ North Alabama.—From 11 counties 22 reports. Nineteen report same area planted as last year, 3 a decrease of 25 per cent; more weaiher mere 18report tanas favorable, 3 report weather less favorable; 18 report very good, 13 report very poor; 19 report crops from 2 to 3 weeks earlier, 3 about same as last year; 16 report labor good, >6 report better than year—report no fertilizers; 10 report more than last year ; 19 report present condition of crop very gnod, 3 very poor. \ Memphis Department ■ covers the State of Tennessee, west of the Tennessee River, and the fob wowg counties in Mississippi: Coahoma, Panola. Lafayette, Marshall, Desoto, Tunica, Benton aud Tippah, and the State of Arkansas north of the "Kansas River. The report is prepared and issued by the Memphis Cotton .Exchange, through their Committee oj»information and Statistics, composed £* 8am. M. Gates, Chairman; L. Hanauer, J. N. Falls, A. M. Agelasto, Jas. Day, R. p. Phillips, W. F. Taylor. »- crops clean of grass and weeds; 17 very grassy; 14 some grass, but not serious; 24 report crops well cultivated; 20 not well cultivated. Cotton Production of 1877 compared with crop of 1876—22 report an increased production ; 15 less ; 7 about same; aggregate increase in 1877 of 1)4 per rent; 1 52-100 of crop is reported as yet unmarketed. Advances on crop of 1877—23 report less advan¬ ces made by merchants than in 1376; 21 abont same; average, 14 per cent less. New Land and Old—24 report increased acreage new lands; 20 none ; aggre¬ gating 2)4 per cent increased acreage; iya per cent of old lands put to rest. North Alabama.—8 responses. Acreage—S report about same acreage of cotton planted : 3 less; average 2)4 per cent less. Weather—All report weather very favorable; 5 more favor¬ able than 1377; 3 about same. Stands—2 report never better; 6 very good; 5 better than 18 7; 3 about same. Dates of Plantina— All report from 7 to 15 days earlier planting, averaging ll days; average date of completion. May 2. Labor is without change in numbers; 21 per cent working for wages, 57 per cent crop share*, 22 per cent renters. Fertilizers-None used but nome pro¬ duction, which is receiving better attention. Cotton Production qf compared with c*od of 1876—6 report increased production; 2 about 1877, same; aggregate increase, 12 per cent over 1376; 3 per cent of crop is reported unmar¬ keted. Advances on crop of 1877—7 report receiving less advances from mer¬ chants than in 1876, 1 abont same; average decrease, 22 per cent. New Land and Old—5 report increased acreage of new lands; 3 none; increase, 2 per cent; 1)4 per cent of old lands have been pat to rest. aggregate—121 Responses. 1. Cotton Acreage: 19 report increased acreage over 1877 planted in cotton, 55 about same, 47 a decrease; average decrease, 1 57-100 per cent. 2. Weaiher: 45 report excessive rains during planting season, 76 report weather very favorable, 80 report more favorable than 1876, 12 about same, 29 less favorable. S~,ands: 19 report better stands never known, 79 very good, 17 moderately good, 6 not good; 67 report better than 1877,36 about same, 18 not so good. of Planting: 99 report earlier planting than 1877, 11 about same time, 11 later; averaging 10 days earlier than 1877; average date of comple¬ tion, May 9. 17 report increased number of laborers, 19 a decrease, 85 about averaging 47-10- decrease; 26 per cent reported working for wages, 51 per cent crop shares, 23 pe rcent are renters. Efficiency is reported much same ; better than last year. All report no commercial fertilizers used, but a slight increase of domestic is u;ed. of Cotton Crop: 59 report crops free from grass and weeds, 31 report very grassy, 31 some grass but not serious, 86 report crop well culti¬ vated, 35 not well cultivated, owing to rains. of Crop of 1877 compared with 1876: 55 report the yield greater than 1876, 44 a decrease, 22 about the same, averaging 8-10) of 1 per cent greater than 1877. Amount unmarketed May 31st reported to be l% per cent of crop. on Crop of 1877 : 4 report Increased facillt'es afforded by mer¬ decrease, 40 about the same, averaging 1? per cent less than 1876. Land and Old: 1 6-103 per cent new lands reported in cultivation, and 2 65-100 per cent old land put to rest, mostly in grass. Under this head there is simply a general felicitation over bright prospects for cotton and all growing crops. First Bloom in Alabama.—The Mobile Prices Current re¬ chants, 77 a ports the first bloom this year in that State, May 27, in Crenshaw County, Alabama. The following shows dates of first bloom in that State this and the years: County May 27. In 1877, from Sumter County June 9. In 1876, from Marengo County June 9. In 1875, from Monroe County June 8. In 1874, from Lowndes County June 3. Stock of Cotton Shirtings at Calcutta.—The Manchester Guardian has reoeived from an East India merchant the follow- of the stock of 39 in. lb. shirtings in Calcutta on The total is put down at 2,128,000 pieces, or nearly equal to five months’ consumption : ng estimate the 1st inst. Actual stock 1st Jovjotfs-9 report increased Imports for Pieces. January 1,211,000 Imports for January * •iMB.fsfovable. > Stands—10 reportthat stands 3 previous four In 1878, from Crenshaw West Tennessee.—36 responses. acreage planted in cotton, 14 about the same, decrease; average decrease, 2 9 MOO per cent Weather—13 report exces«ve runs, 24 very favorable, 24 mnch more favorable than 1817, 3 about same, “ 898176540..APDFCLMNaoovtbaewdiuslncrz:etsn: compared with 1876—17 report increased production in 1877; 17 a decrease; 7 abont same; average decrease, 2 1-5 per cent; 1 32-100 of crop of 1877 reported unmarketed. Past Tear's Advances to planters by merchants—3 report increas¬ ed facilities furnished; 28 adecrease; 10 abont same; average decrease, 16 per cent. New Land and Old—24 report an increase of new lands cnltivatiog; 17 none; average, 3 58-100 per cent; 20 report old lands put to rest; 21 none average, 2 70-10J per cent. cent, while 18 report adecrease of from 3 to 10 per cent and 9 of from 15 to 30 per cent. The aver¬ age being barely one per cent increase. The weather has been very favorable according to the most replies received. In some counties, however, the heavy ia*ns early in the season caused planting to be delayed, whilst in others the weather in the fore part of the spring was very good and as favorable for With bat a few exceptions, cotton is reported to be about two weeks earlier thau last year. Labor has been good and efficient. Commercial fertilizers have not been used. The present con¬ dition of the crop Is very encourging; the plant looks healthy ana is growing in numbers; 8a ease decrease; average ecrease, 9-10 per cent; 24 per cent reported working for wages; 54 per cent crop shares; 22 per cent renters. Fertilizers—AW report no commercial fer¬ tilizer used, hut increased care taken to utilize domestic manures. Condition of Cotton Crop—25 report clean of grass; 7 very grassy; 9 some gra«s, not serious; 33 report well cultivated; 8 not well cultivated. Production but of 1877 reports from 35 counties, dated from May 66 answers state the acreage to he the same as last year; crease of from 3 to 10 per cent, and 2 from 15 to 30 per responses. Sletion, May 8th. Labor—2 report Inc The area of land planted, compared with last year. Is reported by 57 cor¬ same, while 11 estimate an increase of about 4 per cent, and 13 a decrease of 10 per cent. The average decrease is 1)4 per cent. The character of the weather has been more favorable than last year, and the atandsof cotton good, and fiom 10 days to two weeks earlier than same time lest year. While some few report the labor less in number, the majority state R is about the same and mnch more efficient than for many years. The nse of fertilizers has been very limited; such as have been used consisted princi¬ pally of barn-yard scrapings and cotton-seed. The condition of the crop is good, with some complaint of grass, owing to too much rain. espondents to be the generally Mississippi.—121 Mississippi.—41 Acreage—5 report increased acreage of cotton planted; 21 about same; 5 > decrease ; average, 117-100 decrease. Weather—4 report excessive rains; 37 very favorab’e: 37 report much more-favorable than last year; 3 about samef; 1 not so favorable. Stands—8 report better stands of cotton never known; 29 Otto Heyn, J. M. Frankenbush, R. L. Moore. iver&ge 605 were never February 940,OCO 570,000 — Imports for March Imports for April 560,000 615,000 better, 22 very moderately good, 1 not good; 20 report better than 1877, 11 about the Total supply Late of Planting—33 report earlier planting, 2 about Average monthly consumption for the past three i average, 12 days earlier than 1877; average date of com pieces, at which rate the total for four months is Pjcuon, May 8. Labor—The number of laborers is without change; 22 per" Estimated stock May 1, 1878 »«ne*-5 not so good. * 52* 80 earfy 3,836,OCO years, 442,000 • 1,768,000 2,133,030 Bombay ■grT*:****** Co ton Crop— 27 report clear of grass and weeds, 7 very grassy, 8 but not serious; 29 report Crojss well cultivated, 7 not well. Cot¬ to Shipments.—According to our cable despatch received day, there have been 20,000 bales shipped from Bombay to Great Britain the past week and 18,000 bales to the Continent; THE CHRONICLE 606 receipts at Bombay during this week have been 32,000 The movement since the 1st of January is as follows. These are the figures of W. Nicol & Co., of Bombay, and are while the bales. fVou XXVI. The following are the receipts of cotton at New York, ^oBtoe, Philadelphia and Baltimore for the past week, and since Sept. \%*ft brought down to Thursday, June 13: PHILADBLP’IA BOSTON. NEW YORK. BALTIMORE BaUm TB WRvN Conti¬ Great Great Conti¬ Brit’n. nent. Total. Britain. Since Jan. 1. This Total. nent. Week. 761,000 632,000 32,000 696,000 32,000 1878 20,000 18,000 38,000 280,000 352,000 1877 10,000 19,000 29,000 325,000 371,000 1876 61,000 10.000 71,000 489,000 284,000 This week. Receipts. Shipments since Jan. 1. Shipments this week 9 944,000 934,000 773,000 33,000 foregoing it would appear that, compared with last year, there has been an increase of 9,000 bales in the week's ship¬ ments from Bombay to Europe, and that the total movement since January 1 shows a decrease in shipments of 61,000 bales, compared with the corresponding period of 1877. Gunny Baos, Bagging, &c.—Bagging has continued in more active inquiry than for some time past, and the market is decid¬ edly firmer. Some holders who several days ago were willing sellers are now not disposed to sell except at full figures. The inquiry is mostly from the South, and a good trade is now looked for by dealers. Prices are becoming firmer, and quotations are 9f@10c. for light weights and 10f<a>101c. for standard qualities. In Boston, holders are quoting 9fc. for light and l(tyc. for standard weights. Butts are ruling quiet but steady in price. There is a better demand, and the Miles for the week foot up 1,800@2,000 bales at 2 ll-16@2fc., cash and time, with holders asking these figures at the close. Flax Tow Bagging.—The following circular issued by our Cotton Exchange explains the act on of the Exchange on this question of flax baggi: New York, June 6, 1878. The use of inferior flax tow bagging, as covering for cotton, having become so general and so objectionable to buyers and manufacturers of cotton, the Board of Managers of this Exchange on May 11, 1878, passed a resolution, subject to future amend¬ ment, that on and after September 2, 1878, cotton covered with such bagging should be deemed unmerchantable, and not good delivery in this market. This action met with some objection on the part of the flax tow bagging manufacturers of the West and Northwest; a delegation representing them arrived in this city, and after a conference, which took place between them and a special com¬ mittee appointed by the Board of Managers, the said committee made the to lowing report to the Board : From the r* : New York, May 22,18r<8. To the Board of Manager*, Mew York Cotton Exchange. Gentlemen : “ The special committee appointed t>y the Board on the 20th instant, report that they.have carefully considered the question submitted to them, and have had an interview with Messrs. Torey and Hinde, repres nta- tives from the West of the 'flax tow1 manufacturers of that section In which those gentlemen admit that all bagging ktown as 4 flax tow1 at present manufactured, is open to the serious objections made to it by the cotton spinnit g trade of the country. *•They, however, assure the committee that the}-can make a 4 flax tow1 bagging entirely free from shives ai d from fibre so well rotted that no stain to the cotton will result from its use, and as the shives are easily detected in bogging, by the eye, as is also the color of bagging made from uurotted flax, the committee recommend that rule 18 be ameuaed to read as follows : M On and after Monday, September 2d, 1828, cotton covered with 4 flax tow1 bagging containing shives (or small pieces of straw,) nnrotted or imperfectly rotted flax, snail not be good delivery in this market.11 At ' or manufactured from be deemed unmerchantable, and shall Respectfully submitted, WILLIAM H. PRICE, Chairman Special Committee. Slew Orleans.. Texas Savannah Mobile.. Florida 3’th Carolina STth Carolina. : 9,147 9i7 1-0/23 ... Virginia . m . 1,631 162 505 • • 644 ... . 5,665 ... 107,170 53,921 ... 8,310 694 161,432 142,568 1,033 107,103 Total this year 5,962 893,169 8.792 325,313 Total last year. 9,323 879,210 8,308 318,260 4,670 ... 22,699 - . . . The Exports decrease, of Cotton from New York this week show a 52,50? 162 12 643 18.92} 41,121 .... 16 . .... • /. • . . .... 444 .... • • • • • . .... .... ... . .... 1,248 68,765 621 19,381 41,390 885 58,801 iil5 1,513 News.—The exports of cotton from the Unite# past week, as per latest mail returns, have reacW 29,288 bales. So far as the Southern ports are concerned, these are the same exports reported by telegraph, and published in The Chronicle, last Friday. With regard to New York, ire Shipping Include the manifests of all vessels cleared up to Wednesday aijcht of this week. Tota, n< New Yore—-To Liverpool, per steamers La Place, 708 p$r ship L&ncustex, 1/417 To Havre, per steamer St. Laurent, 200 a Spain, 5189 2,894 ... To Bremen, p^r steamer Oder, ICO ....... iqq New OBLB^re—To Liverpool, per steamers Euphrates 1,932 Alice, 1,918... per ship9 Mrie Fredrikke, 8,601....Colonial Empire, 8,6.1 per bar* Bengal, 2,066 18,1® To Havre, per ship France, 8,788 .. 31® To Bremen, per thip Conatantia, 930 g$) Charleston—To Liverpool, per bark Rome, 961 Upland and 213 Sea Inland : 1,204 .. Texas—To Liverpool, per bars s Ranger, 2,288.... Kalema, 2,431* Baltimore—To Liverpool, per steamers Guillermo, 89.... Hibernian, 586 To Bremen, per ship Forest Eagle, 100 Boston—To Liverpool, per steamers Massachusetts, 8s2 ...Batavia, 49 ... Bulgarian, 377....Bavarian, 732 4,739 675 1,520 Total * Bark F rest Belle cleared Miy 10 and sailed with 4.031 ba’e?, bnt returned in distress, too* out 100 bales, re-ballasted and sailed with 3,911 bales The 100 bales were re- hipped by the K'tiem*, making that vessel’s total 2,551, bat the running account shows only 2,451 for the reason indicated. The particulars of those follows: shipments, arranged in our uhuiI torn, are as Liverpool. New Y ,rk New Orleans Charleston Texas Baltimore Bosion. .. . .2,994 13,138 1,204 4,739 675 1,5x0 .. Total . 24,220 Havre. Bremen. 200 100 8,738 930 • .... • • • • • • • Total. 8,194 17,858 . 1.204 ♦ • 4,739 .... • 100 775 ..... 1,520 1,130 3,938 29,288 give all news received to date of disasters to vessels carrying cotton from United States ports, etc.: Tornado ship (Br.), before by fire at New Orleans, having been condemned, was sold, as she lay, at auction, March 30, fur 48,825 to M. Schwartz & Bro. and Brady A McLelland, each one half. The parBelow we chasers dismantled her and the hull was for sale June 6. The claims for salvage have not yet been, settled and a salt is also in progress for tbs recovery of the freight money. St. Michael, brig (dr.), before reported, was passed on June 1st. in lat. 87 09, Ion. 63*10, dismasted and abandoned; masts gone at the deck; boa;; stove. Wed’day. -©X Thur’dy.. Friday... -ax — comp. 15-64 comp. 15t64 comp. X cp. 11-16 comp. X cp. —ax U-16 comp. X cp. —aX U-16 comp. r-Hambdri!Steam. Sail, e. c. X comp. X comp. X comp. X ft X X comp. X comp. X comp. — — — — — compared with last week, the total reaching 3,194 bales, against 3,539 bales last week. Below we give our usual Liverpool, June 14—3.30 P. M.—By Cable from Lives* table showing the exports of cotton from New York, and their pool.—Estimated sales of the day were 12,000 bales, of which 3,000 direction, for each of the last four weeks; also the total exports bales were for export and speculation. Of to-day’s sales 3,450 and direction since Sept. 1, 1877; and in the last column the total bales were American. The weekly movement is given as follows: tjr the same period of the previous year: as Exports of CottojaCbalea) front New TorMslneeSoDt.lt 1877 May 24. Sales of the week Same WEEK ENDING reported Total to Hay 22. 8,498 Total to Gt* Britain ■ Havre Other Trench ports ........a..*.««.»«.«• 8,498 29. June 5. 2,681 2,765 2,894 808,912 550 ..V. 2,613 8,315 2,894 811,525 850,590 800 5,635 8,683 May 8,681 • • • • • • • • • a • • • • • • Bremen and Hanover...... Other ports* »••«••*....«•.. Total to N. Europe. Ipain,Oporto A Gibraltar Ac • • • 82 818 89 • • • • 817 • ••• • • • 142 • • ••• • •• • • • • e e e • • • • • • a • date. year. 818,364 32,226 • • • 5,750 8,688 100 18,618 4,988 10,832 18,949 • • • 100 e a e 83,936 • • • • Forwarded. Bales American GramB Total a *• e 8,845 • ••• 2,860 6,171 28,980 8,890 • a •• e •• • 2,898 • ••• • 8,398 8,640 8.881 358.609 885.898 8.539 • • • 8.194 1. Of which exporters took.... Of which speculators took.. Total stock Of which American Total import of the week. Of which American .ctual export Amount anoat Of which American. 750 The following table week: Spot. 80,000 10,000 61,000 7,000 9,000 888,000 671,000 85,000 69,000 5,000 244JKK) 166,000 76,000 9,000 52,000 6,000 13,000 866,000 668,000 51,000 47,000 8,000 210,000 129,000 92,000 6,000 60,000 9,000 17,000 40,000 832,000 4,000 90,000 3,000 7,000 858,000 645,000 43,000 33,000 5,000 235,000 130,000 213,000 90,000 678,000 66,000 61,000 5,000 will show the daily losing prices of cotton for the Saturday. Monday. Tuesday. Wedn’sdy Thursd’y Friday* Mid. Upl’ds .Whitsun tide Holi Mid. Ori’ns. days ...®6®ie ®67W Futures. These sales are on the basis of otherwise stated. Spain, bales. June 7. June 14 May 31. • 200 • • 115 • tc« e • 142 • ••• ISIS Total June 12 82 • Total French Hamburg .........a........ to period prev’us ■■ States the special meeting of the Board of Managers held May 23d, Cotton freights the past week have been as follows: 1878, the report and recommendation of special committee were read, and on motion adopted unanimously, and the amendment #—Havre.—, /—Bremen.—, Liverpool.— Steam. Steam. Sail. Steam. Sail. SalL to rule 13, as above, ordered posted on the bulletin 10 days, and d. d. t) be in full force and effect on and after Monday, Sept. 2d, 1878. 15-64 comp. Saturday. X cp. —OX 11*16 comp. X D. G. WATTS, President. X cp. —©X 11-16 comp. ft Monday.. -&J4 15-64 comp. Henry Tileston, Secretary. Tuesday. -©X 15-64 comp. X cp. —©X U-16 comp. X 15-64 a 133 .... .... 57,902 1,221 97,096 Foreign • • * .... 13,899 Tennessee, Ac 8T4 8.246 2,792 914 ... 4,660 .... 29,146 102 121 73 North’rn Porte This Since week. Sepi 1 [Since 18,864 184,276 624 . This Since Sept. L week. Septl. week. Septl. 1,777 . This L_8ince Saturday,) ,.®6V - ; Uplands, Low Middling danse, nnie« Monday, > Whitsuntide Holidays. Tuesday, > A ' * - ;; THE CHRONICLE 15, 1878. j June RECEIPTS AT LAKE AND RIVER Wednesday. Delivery. June-July Delivery. d. 6832® 5ie June-July.. .6%2®5i6 July-Aug 6II32 d. 6*4 June 6516 ...6% July-Aug.. Aug.-Sept Sept.-Oct Aug.-Sept Sept.-Oct 6716 6*4 June 6®ie 6616 .638 June-July. July-Aug. Sept.-Oct Oct.-Nov., n. 6716 Ocfr.-Nov sail Nov.-Dee., 651Q Milwaukee 6H32 June-July Oct.-Nov June 66lft 67,6 Shipments. Oct.-Nov., n. crop, n. crop, 6% Nov.-Dee., n. crop, sail ,.61132 6H32 sail Friday. P. X , June 14, 1878. moderately active flour market early in the week, and the business in shipping extras was mainly at $4 2o@$4 30 There was a English brands and $5 40@$5 50 for good West india brands. There was also a good business to the trade. But latterly the market has shown weakness. The demand from all quarters has diminished, but holders, encouraged by reduced production, have refrained from pressing sales. Rye flour and corn meal were in-good demand and firmer. To-day, there was a further decline of 5@10c. for common extras, and business dull; Southern flours firm. The wheat market has been dull and prices have slowly but steadily declined. Foreign advices have been unfavorable, and although receipts have materially diminished at the West, ihe offerings have exceeded the demand. Yesterday, prices gave way pretty sharply, leading to more business, the sales including No. 3 spring at $l@l 01, No. 2 do. at $1 09@1 09£, No. 1 do. at $1 11@1 12; No. 2 red winter, $1 10@1 11; No. 1 (*0. $1 13@ 1 14; and No. 1 white at $1 234, with No. 2 spring, for July delivery, at $1 07<®l 074. To-day, prices were again l@2c. lower, trade dull and the close very unsettled. Indian corn has also materially declined, under a pressure to sell,- stimulated in a measure by the warmer weather and the precarious condition of much of the stock arriving. Yesterday, No. 2 mixed sold at 47c. for prime old, 434<®44c. for prime new, 424@43c. lor steamer do., and 41@41£c. for No. 3, with business for future delivery, including No. 2 or prime at 45fc. for July, and 47|c. for August. Receipts at the West have materia ly fallen off, but are still large. To-day, there was a further decline of i@lc., with an unsettled dosing. Rye has been more active at 634@fi54c. *or P^nie to choice Western, and 67@68c. for prime State and Canada, the latter in bond. Barley is without feature, except a decline in Western feeding, a large sale having been made at 40c. Oats were active and firm early in the week, large sales of No. 2 Western mixed having been sold at 3l@314c. on the spot and for July delivery, but prices have since declined, especially for mixed. To day, tie market was a little depressed, No. 2 graded closing at 29@294c. for mixed and 31c. for white ; No. 2 Milwau¬ kee Bold at 30c. closing quotations Grain. .. tfbbl. $2 23® 2 90 Wheat—No. 3 spring, bash $ 97® l oo Superfine State & West¬ ern... Extra State, &c. Western Spring . Wheat extras..... No. 2 spring No. 1 spring Red Winter...... White 3 30® 3 85 4 10® 4 25 1 06® 1 08 1 10® 1 12 1 05® 1 15 1 4 00® 4 35 Corn—West’n mixed.. do steamer grade. 4 50$ 6 25 Sonthern yellow 4 25® 6 25 Southern white 6 00® 8 00 16® 1 27 39® “ . do XX and XXX do winter X and XX... do Minnesota patents.. City shipping extras , City trade and family brands....... Southern bakers’ and fa¬ 41#® State..: 46® 53® 62® 65® Oats—Mixed White... 28® 29® 4 15® 5 50 Rye—Western 5 75® 6 23 . ?7®? 5 CO® 6 50 Barley—Canada West.... 58® State, 2-rowed 4 40® 4 85 State, 4.rowed 68® 3 10® 3 60 Western feeding Com meal—Western,&c. 2 15® 2 50 40® Com meal—Br’wine, &c. 2 80® 2 85 Peas—Canada bond&free 80® The movement in breadstuff's at this market has been mily brands Southern shipp’g extras. Bye flour, superfine •ir follows: r-RECEIPTS AT NSW YORK.—\ ** . Flour, hbls. C.meal, “ Barley, “ Oats, v . « Same time 1877. 1,150,918 115,658 1,762,695 9,807,195 326,909 *71,714 *.5,2:9,122 *1,645,280 433,840 4,557,550 3,892,771 60,658 1,813,145 3,075 88,406 Wheat,bus. 748,603 21,392,559 Corn. “ 1,804,294 14,486.953 " Bye, 88,998 1,627,821 Including malt j:-!-";. v- 2,165 18,000 17.155 1,900 101,552 753 Peoria Dulnto. Rye, bush. bush. (32 lbs.) (48 tbs.) (56 lbs.) 815,048 25,550 16,817 9,186 6,800 67,450 34,725 239,324 7,341 12,00) 129,365 154,125 2\176 84-, 185 13,930 3,650 1,373 437 2.250 3,500 5,890 5,120 2,500 -1878.For the Since week. Jan. 1. 4,2*1 680,672 1,244,442 57,942 194,5.8 90,320 Tot Dec.81 to Jane Sam Mime 1877.. Same timi 1876. Same time 1875.. * 8.2,575,504 1,303,343 2,283,8:4 2,007,551 26,608,111 7,258, 89 18,228,230 19,2 .1,348 479,206 896,401 449,192 2,345,664 46,249 39,232 57,882 73,314 3S204 16,103 852,055 33,398 2,957,031 80,195 39,653,639 10,966,340 2,710,437 1,761,820 30,763,4»3 7,593.852 2,5*1,74? *M’9553 80,258.933 9,670,746 2,792,771 682,730 19,878,210 ’ 8,864,132 1,507,175 446,715 4,282,916 1,5:1,963 - 4,46 >,035 86,651,574 69,713,344 13/i39,642 S.lOSSg? 2,700,107 4 639,7'.5 58,065,836 50,752,657 24,323,873 7,479,309 1,902,580 4,676,319 54,66 *.787 89,107,929 20,193,889 5,435,003 1,163,835 Estimated. FLOUR SHIPMENTS OF Flour, „ bbls. 1,119,053 94,238 913,538 20,251 350 781,974 10,805,819 90,364 1,904,555 13,849 1,471,866 88,289 746,404 *1£77.For the Since week. Jan. 1. 16.097 5(5,031 2,852 107,250 197,691 8,651.598 851,969 9,376,794 42,204 538,769 85,963 3:7,869 5,372 74,137 LAKE AND GRAIN FROM WESTERN AND RIVER PORTS FROM DEC. Wheat, bnsh. 31 TO JUNE Oats, Corn, Barley, bbls. bbls. 8. Rye bbls. bbls. Tot Dec.31 to June 8.2,562,393 18,915,245 33,167,300 6,733,986 1,490,839 1,420,560 Same time 1877 1,810,352 7,265,022 22,621,014 5,643,049 1,861,574 -,589,883 Same time 1876 2,137,576 17,647,951 25,778,937 7,257,569 1,160,162 '635,0 8 Same time 1875......2,1 *8,588 13,71**,556 13,151,422 5,606,206 843,216 261,267 RAIL SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND RIVER PORTS. Wheat, Oats, Corn, Week Flour, ending— June *, 1878 bbls. bush. bush 65,357 40,661 39,882 41,183 122,130 127,651 468,437 4)7,816 722,202 June 9, June 10, June 12, 1577 1876 1875 234,400 1,093,500 173,140 Barley, bush. bush. 293,124 83l 14,687 16,294 233,994 522,411 256,970 17,371 12,748 53,469 7,596 4,853 7,331 RECEIPTS Off FLOUR AND GRAIN AC SEABOARD PORTS FOR THE 8, 1878, AND FROM DEC. 31 TO JUNE 8. WEEK ENDED JUNE At— •New York Boston Portland Flour, Wheat, Oats, Barley, bush. bush. bush. Rye, bbls. bush. bush. 73,713 23,417 2,500 16,289 15,710 727,339 1,627,397 145,200 346,900 411,960 136,300 10,913 5,000 85,693 2.000 14,509 11,937 125,000 157,085 146,680 1,204,312 1,991,604 623,171 31,252,619 3,556,887 16,8 2,036 . . . Montreal . Philadelphia Baltimore. New Orleans . . Total . Previous week . Corresp’ng week,’77. 117,458 Tot Dec.31 to June 8.3,693,942 Same time 1877 .2,963,445 Same time 1876 3.886,344 Same time 1675 .3,903,824 . MONTREAL 5,622 6,000 895,35? 523,400 162,722 1,500 23,272 73, 00 24,000 58,988 3,821,476 732,520 47/08 3,688,147 8*3,713 79,870 860.700 • • •• 29,083 2,000 • • • • • • • • bbls. 60,777 . . 9,121 m Baltimore . bush. 931,886 953,923 11 «,423 108,207 .... T 8,677 1,152 12,418 Philadelphia Corn, bush. 374,864 141,757 134,977 . 260,548 61^,9 J9 526,441 Oats, Rye, bush. • • • • • ••« 75,291 • • • • • 93,293 3,941 12.838 2,374,655 582,722 485,211 2 106,899 FROM Peas, bush. 90,364 20,262 • • • • • » • • • • • • • • V • bush. 86,6:8 • • 1,600, 436,812 292,556 1,939,127 51,166,206 8.190,148 2.313,163 37,075,702 6,995,?0i 1,525,264 35,182,041 8,634,781 1,889,424 13,119,005 23,674,373 7,173,692 303,121 Wheat, • 4,000 STATES SEABOARD PORTS AND FOR WEEK ENDED JUNE 8, 1878. Flour, From— New York Boston Portland Montreal ... 83,751 1*.2,400 Corn, UNITED EXPORTS FROM • • • ■• • • 181,212 .... .... 225 - i • • • Toal for week.. 92,148 1,681,691 2,374,294 90,364 201,474 162,114 62,852 Previous week 61,090 1,894,488 2,200,173 121,973 63,255 72,854 Two weeks ago 88,4)4 92,*52 1,801,763 2,532,378 185,5F1 44.482 Three weeks ago.... 69 5S3 1,918,051 2,504,5-13 114,341 243,871 From New York—13,658 bush, baley. From Montreal—4,963 bush, barley. From New Orleans—1,146 bbis. flour, 27,264 bush, wheat, 100,219 bush. corn. The Visible Supply of Grain, comprising the stocks in principal points of accumulation at lake and and in transit by lake, canal and rail, June 8, granary at the seaboard ports, In Stork at— New York Wheat, Corn, bnsh. hush. 1,487,700 800 62,678 Buffalo 700,233 Chicago 393,940 65,656 238,950 146,495 57,000 145,777 148,965 406,339 268,459 2,060 3,006 8,118 80,836 237,433 122,130 824,355 Milwaukee Duluth Toledo Detroit St. Louis. Boston Toronto Montreal (1st) Philadelphia* Peoria. Indianapolis Kansas City Baltimore week shipments, week Re.il shipments, Lake -EXPORTS FROM NEW YORK.- 61,664 103.542 Corresp’ng week,’76. 123,714 2,167,142 On 1878. » Since For the week. Jan. 1. . 22,400 4,870 193,760 53,998 98,281 1878, was as follows : : Flour. No. 2 87,382 .. for common The following are (56 lb*.) 1,781,t09 To’edo. Detroit. Cleveland*.... St. Louis Barley, bush. 210,083 Same time 1877 Same time 1876 Same time 1875 B R E AD STUFFS. ■ Oats, bu-*h. Tot. Aug.l to June 8. 5,3 41,893 70,091,352 74,748,505 23,377,897 9,189,297 3,733,63? 6H32 sail 67ie Aug.-Sept Oct.-Nov., 6*2 6% Sept.-Oct 61I32 Com, (.0 lbs.) Corresp’ng week/77. Shipments. Nov.-Dee 61132®% June-July July-Aug - (196 lbs.) 23,790 Total Previous week Delivery. 6616 — AT— Chicago Friday. June. bash. bbls. < crop, sail Delivery. Wheat, Flour, n. crop, sail 1 TO JUNE 8. AUGUST 65iq Shipments. Delivery. July-Aug 61132®% Nov.-Dee., n.crop, sail 6H32 Aug.-Sept 67ie Oct., n. crop, sail, 6% Sept.-Oct 6*2 Shipments. Delivery. June d. Shipments, POUTS FOR THE WEEK ENDING 8, 1878, FROM DEC. 31 TO JUNE 8, AND FR)M JUNK Oct.-Nov.,n. crop, 61832 6I&32 6i332 Oct.-Nov Thursday. 607 canaT(8th) ^ Total June 1, 1878 May 25, 1873 May 18 1878 May 11,1878 May 1878. i Anril 27 . . ... .. ..... 1878 Aoril SO 1878 June MOT? ... !*' ;. ::;. :. * Estimated. . . . . .. 1,000,098 616,623 25,500 17^,153 1,556,751 54,742 • • • 8.394,883 Barley, bush. bush. 603,153 197,507 47,000 15,6:3 237.315 373,544 148,889 46,000 9,902 51,259 13,469 54,000 62,192 151,258 14,7.9 ... • 448,373 V,432 181,00) 877,499 349,702 .... 180,561 730,000 111,193 52,571 175,384 1,057,840 72?,202 2,182,117 1,357,000 6,345,973 10,357,648 6 975 914 10,398,? 88 7,537,564 8,982,244 7 549 665 8,225,712 8,045 64? 9 008,502 7,921,483 Oats, bnsh. 113,862 31,477 12,000 71,630 103,792 19,509 16,468 . . • • • 2,425 21.000 9,676 1,42? 60,473 20,393 • » V 298,124 292,582 327,COO • • • • • 453 - - • • 49,000 32,004 1,119 • ••• 1,014 • 1,407 # • • • • • • • « 2,127 ... • • .... 39,251 « • • Rye, 16,869 1,251 617 • •••-■ • • • • 14,687 17,371 9,997 63,465 46,0o0 69,000 2,203,207 1,108,514 521,217 2,487,356 2,801,849 2,157,643 1,087,164 9,533,192 - 2.063,303 1,203,953 1,580,042 1,309,559 1,894,488 526,003 507,7^ 578,489 600,453 1,462,506 559,969 9,768,368 1,769,920 1,075,855 569,852 10 134 932 1 990,193 1,078,184 582,815 7,72f,565 m,m 10Wa ’m,m m,m 608 THE CHRONICLE. Exports if Leading Articles from New ITorlt. following table, compiled from Custom House return?, shows the exports of leading articles from the port of New York to all the principal foreign countries since Jan. 1, 1878, the totals for the last week, and also the totals since Jan. 1,1878 and 1877. The last two lines show total values, including the value of all other articles besides those mentioned in the table. THE DRY GOODS TRADE. The Friday, P. M., June 14,18:8. The market during the past week characterized by a time past. The package trade in most descriptions of seasonable goods was of a< very moderate character, and operations for the fall were almost entirely restricted to heavy woolens, in which claps of fabrics was continuance of the dulness noticed for ' fVoL. XXVI some the movement was much less active than expected. The jobbing trade was, as a rule, very quiet, sales of summer goods having been interrupted by the prevalence of cool and unseasonable weather, which has checked the consumptive demand to some extent Values continued fairly steady, except on prints—some 2 large lota of which were closed out at very low figures—and cotton-warp cassimeres, sales of which were stimulated in ex¬ ceptional cases by price concessions. Domestic Cotton Goods.—The leading feature of the cot¬ ton goods market was the large export movement. The ship¬ ments of domestics irom this port lor the weeking ending June 11 were 7, 289 packages, which were sent to the following markets: China, 5,304 packages; Great Britain, 543; Brazil, 505; Hayti, 191; Danish West Indies, 58; British North Ameri¬ can Colonies, 44; British West Indies, 43; Venezuela, 40, &c., &c. Prices were fairly maintained by agents on the best makes of •v © •so «s rj ^ were : .8 *S • • —> :g : : :8 **o • • *o’ :• ;• • • SCO •• . . t- 00 • • ' ‘ • • • . . >OOOB . ' cc GO © -eo«* th ' : :s : :823 eC 0» • • :fg «-* • cT * * csT * * • Tg ! *l— a* §5 a r- ©o © O • . *CB«DC NO MO .e*o ■ i 7-»0 • t-Tf<■*}« •ove* ^ « • • • • B • O ® .to co *co • • th • • • . • • * * too* • • • • Qt fft r® feiSSS : ©CO :S58£fg :3SS :§ :]I ©©_ * •©»© * * ** f-OMH fl.Hi® . ** r-i ^ mm • W to iq t-o** N CO O QP O to © C— 9 • Oe- • ^ r. .e*<S«*©*»co«oeor-iS5ioi*»*> • r-ilo '^ofco^trei'jgeo V * ©Too * "t-Tc. c-"—. —* , * ••• * v “ • • # r> i I on eoV unsatisfactory demand for men’s-wear woolens. Allwool fancy cassimeres were taken by the clothing trade to a mod¬ erate amount, and worsted coatings continued in fair request. Cotton-warp cassimeres dragged heavily, and some large lots - O 5cot- s the whole 2JL. coco ©*-T ‘ A to co T?ao«< tions. irregular and So si® °3 figures of the previous week were barely maintained Extra 64x64 print cloths were quoted at 3fc., cash, bid to 3 7-16c., less one-half of 1 per cent, asked, and 56x603 were dull at 3c., cash, to 3 l-16c., 30 days. Prints were quiet at regular prices, _but some large sales were effected by agents at reduced quota¬ an O t* n co extreme was aftf SMt*0 (D brown and colored cottons, but certain makes of bleached shirt, ings, cheviots and cottonades were dull and unsettled. Grain bags were in good demand and firm, owing to the lightness of the supply, and cotton warps and yarns were in moderate re¬ quest at unchanged prices. Print cloths ruled quiet, and the Domestic Woolen Goods.—There . g tD'w* . . .eon* • . . .»o-r .t-ico • . .35f • as .o ©£? .eccoeo .O* ,«®'!Bar5©50'fl»t»ooeoeoJO «g ji-tt-aj •rf • - ~ • - : sg ‘ rfg “S closed out by agents at a marked reduction from opening quotations. Moscow beavers and cotton-warp beavers were lightly dealt in, despite the low prices prevailing for such fabrics ; fancy overcoatings met with moderate sales. but Cloths and doeskins only in limited demand, but cheviot suitings received a fair share of attention. Kentucky jeans met with fair sales, but the movement in such fabrics was irregular, and a marked preference was given to the best makes. Satinets ruled quiet, aside from a few printed styles which were sold in moderate lots to a fair aggregate. Worsted dress goods remained in light request, and Bhawls were almost neglected. were Foreign Dry Goods.—There was a- light demand for imported goods at first hands, and jobbers' sales were mostly Confined to small lots of spring and surnm^ goods, dress fabrics and silks. Millinery goods aDd ribbons ◄ ® **> © © -w . —< i si o'®0- at —1876 TH1 WBBK ENDING JUNE > Value. Manufactures of wool.... ”kgs. 284 $91,826 do cotton,. 582 132,419 do silk 275 £ 189,391 do „ . . t , flax Miscellaneous dry goods. Total..-. 1877 , Pkgg. Pkgs. 200 613 100 517 288 614 £5,455 2,380 1,925 l $569,608 4,125 600 234 fairly Total Addent’dforconsumpt’n £08 1,463 1,925 Total thrown upon m’k’t. 8,388 1C6.344 5,822 Value. 169,356 166,199 169,510 105,960 57,193 do do cotton.. ailk flax do Miscellaneous dry goods. _. Total..* 60 36 2!0 215 648 Add ent’d for consumptc 1,925 Totfl entered St the port. 2,573 - . .00 • oo • . © •*$< ® I- CO . ©-* « •*300 • co >1-22® QDOH t- • 162 653 $314,638 fl49 569,608 4,125 os 25 e* © *-• ‘eo -s. is *2* ~eS .o©* . • • . s* • :• ** • $884,248 5,274 $58,176 23,728 81,038 220 641 313 531 688 9.411 $148,726 2.091 569,603 4,125 $718,334 6,216 : S % Is i 9g- : : • II » oo HH & ills i* 1 : * * * :I = H * * * . *S \ ®s* W B t* 99 ■U 5-3 ■ is • 1 : =S O rt 229 co oo of il iS3 m i is 2 g • : | :lli j * ;l|§| I §1 “ 3's 00-1* : ; I : :S© . -t- . .©© . t-o a> rp . © © . OB * •«> • • • * ‘CO • . * • • • * s *oo, i OB CO co. .© < O * -j! •'I* . • •«* . »t- . . . . OB ’•g£ao 170,494 179,i:0 *2oo* —oio *n< ««o ;©^eo«0>or>< CO F® 101,133 W* :00'**,'^<©OB 53,860 ©©OBOO • • ,o»2 *00 2^ 8 *s • © ’ .ao=» ^ g S©»-*5S $175,105 $770,502 4,878 $753,047 577,942 $55,699 28,158 22,896 35.196 48,809 668,218 3,G96 2,396 $191,258 $777,492 3,492 $769,200 r . 35,581 33.0S6 2,482 2,396 # SB i-l $73,805 568,213 $209,274 ■ rtf • 25 hat ^ • OjOt-i 4* • ©eo oo 2,396 $50,150 42,983 48,261 37,773 30,107 *6,873 72: co ©> .i-1 ooo : o 1878 Value 35,666 22,864 $202,284 OO© TH ©> $568,218 - g * Pkes. ENTERED FOB WAREHOUSING DURING SAME PERIOD. wool Manufactures of co" •eOWMQffl cd ao-5 c* —< XJ © • • r-i 13, 1878. , $577,942 XTHDBAWN FROM WAREHOUSE AND THROWN INTO THB MARKET DURING THE SAME PERIOD. Manufactures of wool.... 187 156 $79,207 $62,862 do $55,645 cotton.. 172 126 56,233 38,721 do silk 15,585 68 52 67,032 42.171 do 35.208 flax 528 Miscellaneous dry goods. O a& ®—i tO GO CO . Importations of Dry Goods. The importations of dry goods at this port for the week ending June 13,1878, and for the corresponding weeks of 1877 and 1876, have been as follows: CONSUMPTION FOB iO •« !«§ were satisfactory prices. FOB CB ao QO .•**,?« • very less active/ except black trimming velvets, which were in fair request. Linen and white goods ruled quiet and steady, and liberal sales of Hamburg embroideries were made through the auction rooms iHTRBBD • . • ' 577,942 £ v-s • —• • ’ 222 1>Q .ootT® . • ‘©bo * . — S *5? • • • * .c§2 !2?!2!®Ca4 :7-'°, ;oom© io® n L. 2! N 52 g? •©©ao—' <osbo®b •— • M3 —— :© uforT 28? *of e» -Tf © ©go Juke 15, I 1878.] ttENERAL GUNNIES.—See P&ICES CUBKENT ? lb. 4*@ 4* URBAJJS TUFF 8—See special report. BUILDING MATERIALS— Bricks—Common hard,afloat..? M 2 CO A 5 25 Croton. 7 uo a 9 oo Philadelphia 23 00 a 27 oo Cement— Rosendaie ....?bbl. V bbl. Lime— State, common State, finishing Lumber— Pine,g’d to ex.dry. V M It. pine, shipping, box do tally boards, com.to g'd,«*ch. Oak ? M. It. Ash, good . 90 75 90 43 40 00 .... 25 85 00 33 00 75 00 Black walnut Spruce boards A planks, each 23 Hemlock boards, each 15 Maple • V M. ft. 30 00 Sails—:o@60d.crm,fen.& sb.? keg Clinch,lx to 8 in. A longer 4 25 3d Ana... 2 5 4 2 ... 40 23 35 Cntspikes,allsizes 85 @ faints—Ld., wh.Am.pure. in oil ? lb 854a Lead,wh., Amer.,pure dry. ft... ‘8* 7*0 Bine, wh.,Amer. dry. No. 1 6 5 a Blnc.wh.. Amer.,No.l,lnoll 9 6 a Paris white. Eat., gold....? 100 0. 170 a 1 75 BUTTER—(Wholesale Price*)— Tabs,good to choice State(new) V lb. 15 IS West’n creamery g’d to ch. •* 44 17 a 18 Welsh, State, gfd to choice Western dairy, fair to pr. Russia,clean Italian... ’* 44 14 a 17 44 “ 9 a 12 CHEESE— State factory,prime tochoice....?ft 7 8* Western factory, g’d to choice.. “ 8 7K COAL— Liverpool gae cannel ....a 8 50 Liverpool honaecannel 12 003 13 00 Akthbaoit*—The following will show prices at * ... last auction or present schedule rates: Penn. D. L.&W. D.AH. P.AR. L. AW. Sched. Auction. Sched. Sched. NewN. T. May 29. Port burg.* Hoboken. Harbor. Johnst’n. St’mb.. $3 15 $3 UW $3 60 *3 (0 3 45 Urate... 3 45 3 60 8 3 55 @3 60 3 75 Bgg .... 3 60 3 15 3 75 Stove... 3 95 4 10 4 10 3 25 Ch*nat>. 3 40 3 50 3 50 * 50 cents per ton additional for delivery at New York. 13 Bolts a 13v 15* 15544 16*@ 20 a 15 a 15 a ' 13*4. 13 14 a a & 13 13 14 ? ft.. a a ....a Sheathing,new (over 12 oz; @ Braziers’(over 16 oz.) a American Ingot, Lake 16* j COTTON—See special report. DRUGS A DYES— Alum, lump. Am ft 100 lb car 3 2) a Argols,crude ft lb. gold. (7 a Argols,refined 44 2214a Araonli'. powdered. nnwrlflrpH •* Arsenic, ... 15 16* 23 18 16* 16 .... gold.2C0 90 . 44 Manila Sisal Jute ?ft 270 00 44 44 5*@ 4*4 44 Montevideo, Corrientes, Bio Grande, Orinoco. California, Mat am ora*. do.... 44 do.... do.... do.... do.... 44 44 44 44 do 44 .. Wet Salted—a uen. Ay, selected Para, do.... California, 18 16 9 8 9 44 44 gold. Quinine . cnr. Rhubarb, China,good to pr.... 44 Balsoda, Newcastle..? luO ft, gold Shell Lac, 2d A 1st English..? lb .cnr. Soda ash ? 100 ft. gold Sugar of lead, white,prime,?ibenr. y4gta1ol. blue.common 47*@ 3 50 50 a a 1 12* a ,t. coarse Guayaquil. p ressed, strip strip Carthagena, Dressed Nicaragua, sheet Nicaragua, scrap Honduras, sheet Mexican, sheet.. 22 1 50 a 1 57* 44 7 a 19 7* „ jM«kerel.No.2,Bay Balalas,Seedless...... do io 60 Layers, new Loose, new per .Valencia,new. wirrants, new Citron 12 50 a 335 <% ;.a nom.190 a ....@ 4*0 14 0 S 40 1 65 59lb.frail Prunes, Turkish (new) 60 6 \a French mwb.,,,, Rg*. layer . - .«.««.. GantpnGlnger.wh.Ahf.pots.? case. Sardines, ? half bof,..;. ?gSS?8 \*t <l?wter box “fp^bni, Italian ? ft Apples, Southern, sliced ? a Domestic Dried— do : -do ■ r *!« quarters ; 10 do 12*0 12*0 quarters 8‘ Porod, Ga., good to choice nnpared. halves state and qrs... 3 »• .............. 25 19 n 10 9 * ■4SIMSSSSS ton, cnr. .1* 9 17 13 8 00 ' 19 14* a a a a a 4 6 4 9 4 10 26 21 13 12 5 2 P-10 11 10*@ 3*@ 4 82 00 a 36 00 43 00 a 44 00 ’ ? 100 lbs, gold 6 37*0 Ordinary foreign Domestic, common cnr. 3 20 @ Bar (discount. 10 p. c.) ? lb @ 44 G 40 1* a *' Oak, rough Texas, crop Barbadoes Demerara 44 *4 Porto Rico N. O., com. to prime 41 a 35 0 ....© 32 25 ... Tar, Washington Tar, Wilmington <6 Pitch, city Spirits turpentine ? strained to goodstrd.? I Rosin, 44 low No. 1 to good No. 1 44 14 low No. 2 to good Ho 2 44 *• low pale to extra pile.. 44 44 windowglass 44 ** MS; 66 .... ? lb. . a a 2 00 0 2 00 £ 2 00 a so a 1 47*0 1 73 a 1 55 0 2 50 0 3 75 0 30 12 Pecan... OAKUM—Navy,U.S. Navy A best B 44 *• “ 44 “ 44 44 ** 35 1 10 57 81 60 56 45 91 09 1 45 City, thin oblong, bags, gold, ? ton. Western, thin oblong (Dom.)cur 44 SO 00 Crude,in bulk ? gal Cases Refined..'. 1 44 ... 6 44 Lard, City steam,................ 44 RICE— Carolina, fair to prime.... ?lb. Louisiana, fair to prime 44 .-. Liverpool. Ashton’s fine St. Gin 0 0 44 ? 0. 44 44 ? gall. 44 44 3 75 0 4 OO 0 3 50 0 3 00 0 3 60 0 5 60 0 400 3 90 2 03 2 04 0 .... 0 3 50 .... STEEL— Store Prices. English,cast,2dAlstquality ?»gold English, spring,2d A 1st quality.. 44 II i4*@ 6*0 English blister, 2d A 1st quality.. “ English machinery 44 English German,2d A 1st quality 44 American blister American cast, Tool American cast spring American machinery 8 00 400 328 1 07*0 IX 9 0 9*0 10*0 14 p 0 cnr 16 0 0 a American German spring 9 10 SUGAR- Inferior to common refining.... ? ib. Fhir “ Good refining 44 Prime 44 Porto Rico, reflu fair to prime “ Boxes, c’aytd. Nos. 10012 44 44 Centrifugal, NOB. 7013 Melado Manila, sup. and ex. sup 44 Batavia. Nos. l'J012 44 Brazil, Nos. 9011 44 14 Rpflned—Hard, crushed 6*0 ....@ 0 ....0 7 9-16 7*0 1*@ 7*0 5*41 7* 7* 8* «* . .... ...... Hard,powdered do granulated 7 . Other Yellow Molasses sugars a 7*0 6*0 9*@ 9*0 9*@ 9*0 44 44 ... I* ... 9 £ 9* a 8*0 8*0 44 7 Y0 44 44 7*0 7*3 44 ....0 ? ft. Out-of-town S* !* 7* V 30* 52* 7 1-160 ....0 44 TIN— Banca... gold.?lb English .refined...... 4 00 35 5 9* a 12 44 14*3 44 Plates.I. C., coke Plates.cbar.terne ....0 @ 33 1 15 58 a a 0 a a a a a a a 31* 90 57 47 95 1 12 52* 44 5 75 ilyson. Common to fair.....cur.?lb do Superior to fine do Extra fine to flneBt 7* 15* 6* a .... .... ....0 6*930 0 0 a Nomina 20 0 28 a 45 0 75 a 21 33 0 S3 do do do Snper.to fine do do do Sap.to fine Ex. fine to finest.. Choicest Imperial, Com .to fair uo Sap.to fine do Extrafine to finest 50 0 so 22 30 45 Hyson Skin.A Twan..com. to fair. do do Sap.to fine Ex. fine to finest do do UncoloredJapan,Com.to tair do Sup’rtofine Ex. fine to finest do 24 so 42 60 21 SO 45 Oolong, Common to talr,**, do Superior to fine do Ex fine to finest Choicest do Sonc. A Cong.,Com. to fair... do do do ....0 ....k Snp’rto fine Ex. fine to finest Choicest 26 28 @ 2 50 a 28 85 a .... 7*0 7*0 7* 8 1 40 1 77* 2 1 1 1 1 51) 75 55 45 95 .... _ _ a a 0 0 a a „ 6° @ s 5 a a a TOBACCO- Kentucky lugs, heavy ?® “ leaf, 44 com. to fine. Seed leaf—New Eng.wrappers’76-,77 •* do Pa. assorted lots, 10 fillers, ^6-*77. 4* 12 85 7 ia 5 8 _ 73 82* 65 a 115 24 12 a 45 16 0 Yara, I and II cuts, assorted •- Havana, com. to fine bond, black work Manufac’d,in 44 44 bright work........ - , ( WOOL— American XX ?fi> 32 23 American, Nos. 1 A 2...«. American .Combing Extra, Pulled 37 85 is 2i 15 12 26 Burry unwashed....... Cftp6 Good HopfitunwMli6ut**ts*«s Texas, fine. Eastern .. Texas, medium. Eastern Smyrna.unwashed gold. FREIGHTS#— btu a m .-—n South Am.Merlnc, ToLivxbfool: Cotton..........-?J9« Flour ? bbl. Heavy good*..? ton. Corn.b’lk A bg*. ? bu. Wheat, bulk A bag*.. Beef Pork ?bbl f.d. s- •.••4® 2 6 0J *. 7* 27 « £40 0 1K|**** 5^®4 *• • 2— 55 4 0 0 ... a a a a a 26 Fair.... Inferior. ....0 0 a a a n a 19 a Nomlm 2c a 28 0 S3 0 No.I, Palled California, Spring ClipSuperior, unwashed U•• •••••••••»••# 6*0 6 ce a 21 23 fix.flneto finest Choicest Gunpowder, com to fair 0 31 00 0 30 50 Q .8* ?bxgd. 5 SO TEA— 10* .... - Priraecity, do Choicest Young Hyson,Com. to fair a Timothy .? bush. 1 80 0 Cauary, 3myrna..1 70 @ Canary, Sicily.@ Canary, Dutch 0 Hemp, foreign 0 Flaxseed, American, rough **rys « • •* 1 85 0 Linseed, Calcutta ? 56 gold. 1 90 0 Linseed Bombay ?5SA gold. ... 0 • 44 44 44 45 .... ? bash. ? sack. gold. n 00 ? gall. Croix, 3d proof Straits SEEDS— Clover, Western Clover, New York State. Brandy,foreign brands Rum—Jam., 4th proof .... 14*0 11*0 44 57* 86 50 PETROLEUM— SALT— Turk’s Island. St. Martin Nutmegs, Batavia and Penang Pimento, Jamaica Cloves do stems 44 44 2 25 2 ^5 2 12* 4*a 8*0 ? 0. ? gal. Lard oil. Nos. 1 and 2 OIL CAKE— Rangoon, In bond Patna, duty paid Ginger, African do Calcutta Mace off A do White extra C. Extra C no Yellow C 36 4*0 9*0 Filberts, Sicily Walnuts,Naples.... 6 00 6 0 .0 a .0 18 20* NUTS— Whale, crude Northern Sperm, crude Sperm, bleached winter Batavia 44 NAVAL STORES— ., do 44 Nominal. Nominal. 16 OILS— Cotton seed, crude Olive, in casks ? gall Linseed, casks and bbls Menhaden, crude Sound Neatsioot, No. 1 to extra Whale,bleached winter a ....a cut loaf 26 ••• 5 OO 4 87M a Cassia, China Lignea 21 25 27 @ .... • 75 75 ? Tb.gold Coffee, A. standard 80 .... TALLOW- Cuba, clayed ? gal Cuba, Mus.,refln.gr’d8,50test. “ do do grocery grades. 44 Brazil 00 75 white 21 M0LA88KS— Hams.smoked Pepper, Batavia do Singapore do “ Almonds, Jordan shelled O .... 6 50 SPICES— . . “ ..... 7* 6 a a a a Hoop, *x.No.22tolAl*x!3Al4 44 Sheet, Russia ..gold? lb Sheet, single,double A treble, com. 2 5-10@ 5 @ Pork, mess,spot ? bbl. 9 87*a 13 CO Pork,extra prime 44 a Pork,prime mess, West.. 44 & Beef, plain mess 44 10 00 @ 11 50 44 11 75 a 12 00 Beef, extra mess Beef hams, Western 20 00 0 44 Bacon, West, long clear ......? 0 ....0 5* 2 05 a »*« whortieberriw:;::::::::::. a a a a 6 50 18*@ State, sliced, SfiSRSfcCherries, drymixed' Plums, 13 4 ....? lb. PROVISIONS— . 15 00 34 0 18 00 0 17 00 0 16 00 a 210C Ibices. 0132 50 15 50 14 50 22 75 Store Naphtha,City, bbls..... Gr’dBk.A George’s (new) cod.? qtl. 2 75 a 4 50 Mackerel,No. 1, M. shore pr.bbl. 14 00 a 22 00 Mackerel, No. 1, Bay... a 3000 Mackerel,No.2 Mass.shore 9 00 a 1100 . 35 0 0 a ....a a ....a ? ton. 16 50 > 5 4 4 4 5 S7*a 4 75 0 Brandy (Cal.) deliv. In N.Y.... 35* Bar, Swedes,ordinary sizes..? ton. 130 00 LEATHER- O .....cnr. Whiskev 33 35 34 Pig,American, No.1 Pig, American,No.2 Pig, American, Forge Pig, Scotch....- Sheet 100 M.gold. common 31* IRON-- LEAD- Foreign Domestic, 50 a a a 87 y 8 50 SPELTER- Whiskey, Scotch a a Panama Ralls, American Steel rails, American.... Re-reeled Tsatlees, bestRe-reeled Congoun, No. l..„ Irish do Domestic liquors— Alcohol a @ 25 26 25 17 8 87*0 Scroll 44 TsaUees,No.2.. Tavsaams, No. 1 3 <* 31 Esmeralda, pressed, strip 8 11 @ @ 0 l 50" 1 20 ••• 8* a a 21 43 • a rough. Slaughter crop 'i* 10 14 7 # 6 25* 0 lb.gold SILK— 17 9* .per 100 44 SPIRITS— 6 9 5 5 l 2 17 17 2* 18* ?» Crude Nitrate soda.. do 8 0 44 19 19 23 ••• 18* 0 a INDIA RUBBERPara, fine .* Para, • a @ 0 @ 0 13 10 " HOPS— " New Yorks, com. to med...* do good to prime Eastern Wisconsin Old Yearlings 19* 8*0 cnr. A. I. stock—Cal. kips,slanght. gold Calcutta kips, dead green.. 44 ^Calcutta, buffalo • • 17*0 17*0 17*0 44 do.... do.... Texas, 19 19 la* 18* 5* 5* HIDES— @ @ @ 2§* . 0195 00 a a .... @275 00 19 19 28 26 23 55 • Hemlock.Buen, A’res,h.,m.Al.?ft. ' California, h., m. A 1 common tilde,h., m. Al.... n 16 Bicarb, sod a, Newcastle.ft 100 lb 44 3 75 a Blchro. potash... ?ft cur. ....a 11* Bleaching powder ft ICO lb. 115 a 1 20 Brimstone, 2a-i» A 3rds,per ton.gold.24 50 a Brimstone, Am. roll ? ft..cur. 2*g Camphor refined 44 24* a *1* Castor oil,E.I. inbond, ft gal..gold. 90 Caustic soda ft 100 lb 44 3 60 a 3 *5 Chlorate potash 44 44 13 CO a 13 50 Cochineal,Honduras, silver... 44 56 a 53 44 Cochineal,Mexican 50 a Cream tartar, powdered cur. 25*3 Cubebs, East India 8 a 44 Catch gold. 5* @ 3* Gambler 4 ro per 100 lbs. 44 10 Ginseng cnr. 70 15 44 Glycerine, American pure 17 18 Jalap 44 21 Licorice paste,Calabria 44 26 27** Licorice paste,Sicily 44 25 28 Licorice paste, Spanish, solid., .gold 23 <6 Madder, Dutch 44 6*@ 7* Madder .French, E.X.F.F 5 a 44 5* hutgalls,blue Aleppo cnr. 22 a Oil vitriol (66 Brimstone) 44 l*a Opium,Turkey ....(in bond), gold. 8 87*0 Prussiate potash,yellow, Am..cur. 22 a Quicksilver Refined,pure 45 ? ton. 170 90 .... COFFEE— Eio, ord. car. 60and9C days .gld.fi ib do fair, do gold. “ do good, do gold. “ do prime, do gold. “ Java, mats gold. “ Native Ceylon ...gold. •• Mexican gold. 44 Jamaica... ...gold. 44 Maracaibo gold. 44 Laguayra gold 44 Bt. Domingo gold. 44 Savanllla gold. 44 Costa Rica gold. * COPPER- SALTPETRE— ? 10O ft Dry—Buenos Ayres,sel6Cted.?ftgald a 67 ou a 21 oo a is a 40 ou oo a 36 @125 00 27 a n a a 85 oo 16 90 609 report under Cotton. RAYNorth River sM Dr»mr HEMP AND JUTE— American dressed Amerlcai. undressed . ASHES— Pot, first *crt THE CHRONICLE. 25 23 23 16 88 SO 44 40 25 SO 24 0 a 18 a a 0 23 15 a 80 25 26 a 18 BAIL.——% * 9, ». d. d. 15-64 comp. 2 3a 25 0 7 7 a a a .... so 0 .... .... - •>•>9 ...•4 .... »*•• [VOL. XXVI. THE CHRONICLE 610 Commercial Steamships. Cards. ONLY Brinckerhoff, Turner Direct Line to France. Co., & M&cufectniere OFFICE OF THE Mail Steamships, BETWEEN COTTON SAILDUCK And all kinds AT L AN TIC of DUCK, CAR COVER BAGGING, RAVENS DUCK, SAIL TWINES YORK AND HAVRE. Calling at Plymouth for the landing of Passengers. NEW The splendid vessels on this favorite route, for the Continent—cabins provided with electric bells—will sail from Pier No. 42 North River, foot of Morton st, COTTON CANVA9, FELTING UNO, “ ONTARIO * AC SEAMLESS BAGS, AWNJNG 8TRIPKS.’ 44 Mutual Co. Insurance ▲Iso, Agents Company. supply all Widths and Colors always in stock. States Banting United ▲ fall Diane Street. No* 109 E. R. Mudge, Sawy er&Co AGENTS FOR Waslilnsrtou lttilih, riitcopee Mfg Burlington Woolen Co.. Ellerton New Villi*, Atlantic Co ton Mills* Saratoga Victory Wfs Co. Cn, New York, January as follows: L \ kRADOB, From Various NEW YORK, A 45 Whitb St rust. Mills. BOSTON, PHILADELPHIA, .1 drawers Sbl*t« and ..Wed., June 26.2 P. M. ...Wed., July 3,8 a. M. OF PRICE PASSAGE IN GOLD (Including wine;: To Havre—First cabin, $iOfc second cabin, t 5; third cabin. $35; steerage, $26—including wine, bedding and atensils. 38, 1878. W. DAYTON, 280 r.HKPTKDT STRKKT. George A. Clark & Bro., For passage and freight apply to DE RERUN, Agent, 55 Broadway. Atlas Mail Line. TO JAMAICA, BAYTl and to PANAMA and 8ERVICE :OLOM RIA and ASP1NWALL. V>UTH PACIFIC PORTS (via Risks, nor upon Fire disconnected with Marine Risks. Premiums marked off from 1st Janu¬ Aspiawall.) Fiist-clasa, full-powered, Iron screw steamers, r'ter No.5l. North River. For Kingston (Jam.) and Haytl. ETNA June c7 | ATLAS For Haytl, Colombia, Isthmus of Pacific Ports (via Aoolnwal ), AILSA June 13 J ALP8 , $4,902,831 08 1877, to 31st December, 1877.... Losses paid during the same period $2,565,890 37 Returns of Premiums and , LOUIS 1 BI-MONTHLY Life ary, „ Return tickets at very reduced rates, available through England and France. Steamers marked thus (») do not carry steerage passengers.. Premiums. $6,751,028 44 No Policies have been issued upon 15 Chaunosy . „ Plymouth, London or any railway station in England—First cabin, $90 to $100, according to accom¬ modation ; second cabin, $85; third cabin, $35, steer¬ age, $27, Including everything as above. To The Trustees, in conformity to the Charter of the Company, submit the following Statement of its affairs on the 81st December, 1877: Premiums received on Marine Risks from 1st January, 1877, to 31st De¬ cember, 1877 $4,710,665 88 Premiums on Policies not marked off 1st January, 1877 2,040,363 61 Total amount of Marine Wed., June 19, 9 A.M. SaLgller CANADA, F.angeul •PEREIRE, Danre AND Hosiery. Trans-Atlantic Company’s The General and Dealers In from „ - Panama and South Superior first-class passenger accommodation. PIM, FOR WOOD A CO.. Agents, No. 56 Wall treet. Expenses... $947,923 86 Company has the following Assets, viz.: United States and State of New York Stock, City, Bank and other stocks.$10,565,958 Loans, secured by Stocks and other¬ HELIX KEEDLBS. 400 BR >ADWAY, NEW YORK. TOIL WARD’S D. W. Lamkin & Co., Cotton wise .. 617,436 01 1,764,893 68 255,864 02 $14,866,351 66 Total amount of Assets VICKSBURG, MISS. Purchase Cotton In our market solicited Refer to Messrs. THOMAS J. SLAUGHTER, New York. Orders to Insurance. Six per cent. Interest on the certificates of profits will be paid to outstanding the holders thereof, or their legal representatives, on and after Tuesday, the 5th of February next outstanding certificates of the issue of 1874 will he redeemed and paid to the holders thereof, or their legal representatives, on and after Tues¬ day, the 5th of February next, from which date all Not a Insurance OF NEW OFFICE. No. Company YORK, 135 BROADWAY. . Statement, Forty-Ninth Semi-Annual SHOWING THE the first day of January, 1878. -CA8H CAPITAL $3,000,000 00 Reserve for Re-In turn nee 1,836,432 31 Condition of the Company on Reserve for Unpaid Dividends Net Surplus Losses and 256 391 42 1,016*703 02 T0T.1L ASSETS SUMMARY ."$6,109,152^75 OF ASSETS. The certificates to be interest thereon will cease. produced at the time of payment and canceled Upon certificates which were issued for gold pre¬ miums, the payment of interest and redemption will be in gold. * Forty per Cent, is de. clared on the net earned premiums of the Company for the year ending 31st December, 1877, foi which certificates will be issued on and after Tuesday, the 7th of May next. J. H. CHAPMAN, Secretary. River, foot of TRAIN WILL and New tickets for sale at all §» Hf Dally from Pier S3, North jr&y street Hereafter the STEAMBOAT EXPRESS LEAVE STONINGTON AT 4:30 A. M. State-rooms and tickets secured at 863 Broadway at all offices of Westcott Express Company in -iSFork City and Brooklyn. Also hotel ticket-offices. LINE. PROVIDENCE FREIGHT ONLY FOR Providence. Worcester, Nashua all Points North. Steamers leave. and • 5PM r. ot. Dally from Pier 29 o Warren gtreet.) North River (foot of Freight taken via either line at lowest rates. D. S. BABCOCK, President. L. W. FILKINS, General Passenger Agent. Publications. ESTABLISHED 1868. THE Review Industrial Record. Manufacturers’ & MONTHLY A being first Men on (worth $i,29s,20(» 2,016,903 (X United States stocks (market value) 3,016,675 00 Bank Stocks (market value) 254,190 00 Btate and City Bonds (market value) 124,628 0( Loans on Stocks, payable on demand Consecutive Years. A ^ $161,727 56 Cash In Banks Bonds and Mortgages, Trip Missed In 7 A Dividend of By order of the Board, EA3T. ALL POINTS THE ELEGANT STEAMERS STONINGTON and RHODE ISLAND. The HOME BOSTON, FOR AND pany, estimated at Premium Notes and Bills Receivable. RELIABLE Stonington Line Real Estate and claims due the Com¬ Cash in Bank Factors, 00 1,163,200 00 . OLD THE The JOURNAL, real estate (market value of Securities, $427,098)... Interest due on 1st of January, 1878 Balance In bands of Agents .. Real estate Premiums due and uncoHected on Policies issued at this office 314,215 47 65,212 89 135,204 13 12,500 00 7,871 20 $6,109,526 75 Total CHAS. J. MARTIN, President. J. H. WASHBURN, Secretary. ORGANIZED APRIL12T? 1842 J. D. Jones, W. H. H. Moore, Charles H. Russell, David Lane, Daniel S. Miller, Josiah O. Low, Royal Phelps, C. A. Hand, William H. Webb, Francis Skiddy, Adolph Lemoyne, The Record James Low, Gordon W. Burnham,1 William Sturgis, William E. Dodge, Thomas F. Youngs, John D. Hewlett, Charles P. Burdett, Alexander Y. Blake, Robert B. Mintum, John Elliott, William H. Fogg, Thomas B. Coddington, Horace K. Thurber. Marshall, Robert L. Stuart, <tt|..F.S.WINSTON,PRESIDENT J0f >U£S ALL Charles Dennis, Lewis Curtis, Frederick Chauncey, Horace Gray, „ 4KTERMS AS FAVORABLEAS THOSEOFAMYOWESCO. ’JBHffi5£TSS2B$80.000.000. J. D. JONES, President. CHARLES DENNIS, Vice-President. W. H. H. MOORE, 2d is the oldest and beat publication the English language, and extended circulation among woolen, silk manufacturers and operatives in States and Canada and In Europe. ta class in The Supplement, tains also published of has a mod cotton and the United monthly, con all woolen the newest conception. Also and recipes for standard new and novel designs and weaving directions for fabrics, ginghams, and prints from foreign samples, and of original samples of effects in dyes and colors. It is indispensable weavers, designers and dyers. The terms of Subscription are as follows: Record.......\ Supplement...!. ... ...' Both Publications....... to $1 50 per annua. 3 50 “ 5 00 " Address EVERY APPROVED Description ° LIFEand ENDOWMENT POLICIES TECHNOLOGY OF IN AND DYEING THEIR BRANCHES. TEXTILE ARTS George W. Lane, James G. DeForest, Charles D. Leverich, Edmund W. Corlies, William Bryce, Peter Y. King, Charles H. of TO -THE DEVOTED TRUSTERS: Vice-President. Jl, A, RAVEN, 3d Vice-President, TCTF INDUSTRIAL 18 RECORD COi, EXCHANGE PLACE,
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