Full text of Commercial and Financial Chronicle : June 19, 1875, Vol. 20, No. 521

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

V

MERCHANTS’

HUNT’S

MAGAZINE,

§ettnspapev,

§,
REPRESENTING THE INDUSTRIAL

AND COMMERCIAL INTEREST! DP

THE UNITED STATES,

SATURDAY, JUNE 19, 1875.

VOL. 20.

NO. 521.

caught just now with insufficient reserves, and
seen before, the gale would have
THE CHRONICLE.
struck them when they were carrying too much sail and
Latest Monetary and Commercial
The Failures in England and
too little ballast. They would have gone to work to check
583
579
Their Influence Here.
English News.
Commercial end Miscellaneous
The Purcha e of Silver and the
the export of specie. They would have put up the rate
585
580
News
Specie Resumption Law
561
The Public Debt of Alabama.
of interest; called in their loans; restricted discounts;
THE BANKERS’ GAZETTE.
thrown business into confusion, and inflicted heavy losses,
586
H&nkbf etc.
"•
Money Market, U. S. Securities,
589
perhaps ruin on multitudes of worthy merchants and man¬
Quotations of Stocks and Bonds
Railway Stocks, Gold Market,
590
New York Local Securities
Foreign Exchange, New York
ufacturers, because a few millions of gold held here were
Investment and State, City and
City Banks, Boston Banks,
591
Corporation Finances
Philadelphia Banks. National
owned abroad and were sent for by their owners. When
THE COMMERCIAL TIMES.
we resume specie payments again our banks must be com¬
6C0
595 Dry Goods
Commercial Epitome
602
696 Prices Current
pelled to protect themselves better than formerly against
Cotton
600
Breaastufls
these drains of specie for exportation.
Such drains will
occur now and then; and our financial barque when she
refits in the harbor of specie payments must have a
3H)e
The Commercial and Financial Chronicle is issued on Satur¬ cleaner chart than heretofore, as well as truer reckonings
day morning, with the latest news up to midnight of Friday.
and better seamanship, if she is to avoid future disasters
have been

CONTE NTS.

as

has

so

often been

...•

..

!•••••••••«»

..

<£t)ronicU.

TEEMS OF

SUBSCRIPTION—PAYABLE IN ADVANCE.
and Financial Chronicle, delivered by carrier to city

worse

than those of the past.

Great as are the evils of

suspension has a few compensations.
Among them we may give a conspicuous place to the fact
$10 21
For Six Months
6 10
that we can export and have exported in previous years
Subscriptions will be continued until ordered stopped by a written order
as well as now, several millions of gold to check a panic
at the publication offlee. The Publishers cannot be responsible for Remit¬
tances unless made by Drafts or Post-Office Money Orders.
in England, and yet our banks are not as formerly
Advertisements.
incited to stir up a responsive panic here. There are
Transient advertisements
published at 25 cents per line for each
insertion, but when definite orders are given for five, or more, insertions, a not a few of our bank officers who are alive to the
liberal discount is made. No promise of continuous publication in the best
place can be given, as all advertisers must have equal opportunities. Special importance of devising sonm method of securing, when
Notices in Banking and Financial column 60 cents per line, each insertion.
we resume, the advantages of an exemption from these
London Office.
The London office of the Chronicle is at No. 5 Austin Friars, Old Broad
dangers of panic. We trust they will succeed in their
street, where subscriptions aie lateen at the following rates:
The Commercial

paper money,

subscribers, and mailed to all others:
For One Year (including postage)

or

are

Annual Subscription to the
Six months’subscription
VTLLiAM b. dana,
John ©.

1

floyd, jr. j

£2 2s. beneficent project.
1 3s.
Another reason

Chronicle (including postage)

WILLIAM B. DANA & OO., Publishers,
79 and 81 William Street, NEW YORK.
Post Office Box 4

592.

cents; postage on the same is 20
cents.
Volumes bound for subscribers at $1 50.
$3?" A complete set of the Commercial and Financial Chronicle—July.
1865, to date—is for sale at the offlee. Also one set of Hunt’s Merchants’
Magazine, 1839 to 1871, sixty-three volumes.
A neat file-cover is furnished at 50

15?" The Business Department of the Chronicle is represented
Fred. W. Jones.

Financial Interests in New York City by Mr.

among

INFLUENCE HERE.
The heavy failures this week in England have pro¬
duced much less anxiety here than might have been
expected. One reason for this exemption from trouble
is that our banks are not on a specie basis, and conse¬
quently they do not feel their foundations sinking under
them from the drain of gold which is always started
here when there is a financial crisis in England. We can
afford to help our English cousins in this emergency
with all the gold they are likely to want; for gold, as has
often been said, is one of our chief exportable products,
and our mines will add to the world’s supply a some¬
what larger crop this year than usual. - If our banks
had been doing business on specie they would probably
TIIE FAILURES IN ENGLAND AND THEIR




more

disturb

us

why the monetary crisis does not
here is that trouble has been long

expected. Mr. Gladstone said some time ago that British
trade was advancing not by strides but by leaps and
bounds. He little thought how nearly exhausted were
those industrial and financial forces which had been

generated by the Franco-Prussian War and by the
stupendous displacement of wealth which it caused.
The fever was then at its height; now the hot stage is over.
We are just at its close. The patient is beginning to
show the symptoms of reaction. How long they will
last we have no precedents to tell us, for the world
has never seen anything like it before.
One reason
why this crisis has been expected here, is that in Europe
the bears have long been restive under the small
profits which their capital can earn at the present low
rates of interest.
Their anxiety to make a grand coup
was exhibited in the Philippart panic at Paris, which
was no doubt intended to have taken place at the same
moment when the train was fired that caused the Aberdare explosion in London. The scheme was well concerted
and brought much disaster. It is, however, some grati -

580

THE CHRONICLE
•-

--

-'

;

•

[June 19, 4675.
'

■■■

—

>■■■■

fication to learn that the

1

11I,wi -

::

.

■

engineers were, some of them, outstanding the sum of $300,000,000 of such legal-tender United
hoist with their own petard,” and partook of the dis¬ States notes, and no more. And on and after the 1st day of
January, A. D. 1879, the^ Secretary of the Treasury shall redeem
aster they had contrived for their victims.
It would be in coin the United States legal tender notes then outstanding, on
their presentation for
instructive to trace step by step the financial
at.
strategy Treasurer of the Unitedredemptionthe the office of the Assistant
States, in
city of New York, in sums
of the German, English and French
capitalists who over¬ of not less than.$t>0. And to enable the Secretary of the Treas¬
threw their rival Philippart in Paris and crushed other ury to prepare and provide for the redemption in this act author¬
ized or
“

rivals

dreaded still in London or Berlin.
Some
told of the adroit manoeuvres which were
put

more

required, lie is authorized

to

use

from time to time in the

any

surplus

revenues

Treasury not otherwise appropriated,
and to issue, s$ll and
stories are
dispose of, at not less than par in coin,
either of the description of bonds
of the United States described in
in force to start at the critical moment the war
panic the act of CoDgress approved July 14, 1870, entitled “An act to
which stunned Philippart and prostrated the Credit Mo- authorize the refunding of the National debt,” with like quali¬
ties, •privileges and exemptions, to the extent necessary to carry
bilier of France. These stories lack
proof though they this act into effect, and to use the proceeds thereof for the purposes

enough of plausibility. What is certain is that this aforesaid.”
To this view it is replied that no one
clique of conspirators would have had no power to make
heretofore either
the late explosion in the London
in or ont of
Congress has given so wide a construction
money market, if in¬
flammable material had not been
to the statute here
quoted. The policy of our Govern¬
accumulating there for
years in the shape of bank transactions which built up ment has been'settled for many years past in regard to
vast piles of bad business on the treacherous foundation the
public debt. One of the fundamental principles of
of phantom capital and
this policy is, that the funded debt,
meagre reserves.
though it may be
Finally, we may mention as a reason for the small lessened by redeeming the bonds, must not be enlarged
influence produced here by the financial troubles under by the issue of new debt on
any conditions whatever
discussion that some of our shrewdest financial observers This policy was affirmed in the
refunding act of 1870,
have been making for months past a
which declared that “
special study of
nothing in this act or in any other
English finance. These gentlemen have, many of them, law now in force shall be construed to authorize any
been to Europe to negotiate
loans, or for some other increase whatever of the bonded debt of the United
financial project which brought them into close contact States.” On these
premises the argument is built up
with leading men in the financial circles of
that Mr. Bristow has no
Paris,
power under the laws in ques¬
London, Amsterdam and Berlin. In the opinion of some tion to increase the aggregate of the funded debt either
of these gentlemen the financial
panics which have to buy silver or for any other purpose.
occurred are tending with other forces, such as the
Between these two extreme views, one of which claims
accumulation of floating capital, to
prepare European unlimited power to increase the funded debt while the
investors for a much more discriminating and more eager other denies the
Treasury the power to increase the
search after the best foreign securities.
funded debt for any purpose whatsoever, there is a third
Hence the
present crisis in England, small as its dimensions may party who are more moderate. They say that Mr. Bris¬
relatively be, is interpreted as likely to aid the movement tow has the authority clearly given to him in the law to
of European capital towards the superior
security of issue bonds such as are authorized in the act of 1870,
American investments.
provided that he does not increase the total amount of
the public debt beyond the aggregate at which it stood
THE PURCHASE OF SILVER AND THE SPECIE RESUMPTION in 1870 when the funding law of that, year was passed.
have

LAW.

Among the novel

by which

ingenious
attempting to
break the dull monotony of
the Stock Exchange
during the absence of many of the financial magnates
this week at the Bunker Hill Centennial, there is one
story which affirms that Mr. Bristow is buying silver by
increasing the funded debt. This report has given rise
to an animated discussion as to the powers
given to the
Secretary under the law of 14th January, 1875. It is
argued that the third section of that statute gives
authority to the Secretary of the Treasury to issue an
unlimited amount of bonds.
In support of this view
the statute is shown to be mandatory on the
Secretary.
It directs him to coin silver, and it prescribes the issue
of bonds as one method of
getting the means to pur¬
adventurers in Wall

rumors
street

our

have been

chase silver bullion.
“

The Secretary of the Treasury is
hereby authorized and
required, as rapidly as practicable, to cause to be coined at the
mints of the United States, silver coins of denominations of
ten,
twenty-five and fifty cents, of standard value, and to issue them
in redemption of an equal number and amount of fractional cur¬
rency of similar denomination ; or, at his discretion, he may
issue such silver coins through the
mints, sub-treasuries, public
depositories, and post-offices of the United States, and upon such
issue he is hereby authorized and
required to redeem an .equal
amount of such fractional
currency, until the whole amount of
currency outstanding shall be redeemed. * * * And when¬
ever and so often as
circulating notes shall be issued to any such
banking association, so increasing its capital or circulating notes,
or
so newly organized
as aforesaid, it shall be the duty of the
Secretary of the Treasury to redeem the legal-tender United
States notes in excess only of $300,000,000, io the amount of
eighty per centum of the sum of national bank notes so issued to
any such banking association as aforesaid, and to continue such re¬
demption as such circulating notes ar$ issued until there shall be




Thus if Mr. Bristow should redeem 50 millions of green¬
backs or fractional currency he would be able under this

interpretation of the law to issue an equivalent amount
of new bonds so as to keep the aggregate debt, funded
and unfunded, at the authorized level. In the opinion of
this third class of critics the law of

amends the

funding law of 1870,

whereas the latter forbade

new

January, 1875,
far as this : that,

so

bonds to be issued

ex¬

cept for old five-twenties, they may now.be issued to

replace greenbacks
We confess that

or

fractional

currency.

of these

interpretations seems to
precisely accurate. First of all, it is impossible that the
issue of new bonds should be wholly unlimited, or that
the law of 1875 should be interpreted as literally author¬
izing the Secretary to use liis own discretion in the
If such a construction were fully adopted it
matter.
would do harm to"the credit of the Government, for it
would suggest the comment that while we were ostenta¬
tiously paying off our five-twenties, and buying up with
gold 30 millions of obligations for the sinking fund, we
were at the same time increasing the debt for another
object, and without the usual publicity.
none

be

Nor

can we

assent to the construction

which forbids

any issue of new fives or fours unless in exchange for
old five-twenties to be redeemed and cancelled.
If this

restricted

interpretation were correct, and expressed
fully the intention of Congress, that body would have
omitted altogether the clause of the above Act which
authorizes the issue of bonds.

The law would have
-

simply directed the Secretary to provide for redemption
by the use of his surplus revenues, - As Congress did

June

THE

19,

581

CUBOMta,h.

First—Straight bonds, as the direct debt of the State
second resource to the Secre¬ is called in Alabama; that is bonds issued directly under
tary, besides the surplus revenue from taxation, the
the State seal.
obvious inference is that this second resource was intended
Second—Indorsed bonds for railroad companies.
to be used ; and that the Secretary was expected to sell
Third—The Trust Fund Debt, that is the sums prin¬
bonds for the specific purposes laid down in the law.
With regard to the third class of Mr. Bristow’s critics cipally derived from the sale of lands donated to the
State for educational purposes, and from the Surplus
we think they would have some difficulty in proving their
Revenue Fund, all of which the State, as trustee, has
theory that the law, as it stands, has specified clear, plain,
managed to expend, in one shape or other, and which
restrictions on the issue of bonds. That there ought to
only
be such well defined limits everybody agrees.
But if for the exists in the form of a taxation of the people
purpose of raising the interest which would be
these restrictions were so clearly laid down as some perderived from these trust funds, had the sums been prop¬
sons suppose, wc should not have at this moment so many
conflicting theories, each claiming that it embodies the erly invested as originally designed.
Fourth—The Floating and Miscellaneous Debt, due, in
true interpretation of the law.
The fact is, as we said various
forms, by the State to its domestic creditors.
when this act was passed, its terms are so vague and its
STRAIGHT OR DIRECT DEBT.
provisions leave so much play to discretionary authority,
In the last Auditor’s report, for the fiscal year ending
that it will need to be supplemented by very careful
September 30, 1874, the bonded direct debt is stated as
legislation hereafter. To this future legislation the Board follows, which statement, however, we find, on more
of Trade at Philadelphia made very judicious reference
particular inquiry to be incomplete:
iu the resolution on Thursday which was offered by Mr.
DEBT OP ALABAMA.

not stop

here, but gave a

mow

1

TEE

BONDED DIRECT

Holton of

Milwaukee and was unanimously

adopted.

Rate of

Date

When

of
issue,

THE PUBLIC DEBT DF
The
to

due.

1866

1886

1866

1886
1886

ALABAMA,

destiny of Alabama appears, at the present period,
in a large measure, with a solution—

be identical,

1866
1866

1886

1866

1836

interest, Coupons,
Amount, per cent, when due.

Where
payable.
New York.
New York.
London....
London....
New York.

$1,941,000
473,800
64,800
82,500
877,700

00
00
00
00
00

5
5
5
6
8

May & Nov.
May & Nov.
Jan. & July.
Jan. & July.
Jan. & July.

Total
interest.

$48,525 00
11,845 00
1,620 00
2,475 00
35,108 00

disappointed creditors and tax-bur¬ 1867, 1886 London....
648,000 00
16,200 00
5 Jan. & July.
New York.
500,000 00
8 Jan. & July.
20,000 00
puzzling problem of the State debt. 1868 1888
688,000 00
6
41,280 00
1870
1890
London....
When we come to reflect that there never yet existed a 1872
1892
New York.
168,000 00
5 May & Nov.
4,200 00
1872
1892
New York.
650,000 00
26,000 00
8 Jan. & July.
people who were individually prosperous under an insol¬ 1873 1893
185,000 00
S
Jan. & July.
7,400 00
New York.
vent government; that the interest on the public debt of
1874
1894
New York.
341,000 00
7 Jan. & July.
11,935 00
Alabama has not been paid for three years; and that the
Total bonded debt
$6,619,800 00
numerous creditors of the State have suffered for that Semi-annual interest, May & Nov
$64,570 00
do
Jan. & July
120,738 00
do
period of time a quasi repudiation of their claims, it Annual interest, May & Nov
129,140 00
cannot be denied that the pecuniary situation of Alabama
do
Jan. & July.
241,476 00
do
June
41,230 00
is calculated to excite interest and to awaken apprehen¬
Total annual interest
$411,896 00
sion. What still more complicates the situation, is the
Under the same head (exhibit No. 5). the Auditor puts
fact that the exact status and amount of the debt is not
known; and there seems to exist a feeling of mistrust— the Educational Fund Indebtedness, which is as follows:
$6,619,800 00
Total bonded direct debt, as above stated
not in the sincerity of the intentions of the State author¬
EDUCATIONAL FUND INDEBTEDNESS.
$300,000 00
ities to solve the financial problem, but in their ability to University fund
Sixteenth section fund
1,740,200 29
bring about a successful solution, which will prove satis¬ Valueless sixteenth section fund
97,091 21
factory to the holders of Alabama bonds as well as to the Surplus revenue fund
669,086 80
Total educational fund indebtedness
2,806,378 30
tax-paying citizens of that State.
Outstanding State certificates, per Treasurer’s report
..
81,535 00
The Montgomery Advertiser puts the grand total of the
Outstanding obligations
944,880 00
Alabama debt at $32,100,000.
Our own investigations
Aggregate direct indebtedness
$10,452,593 30
lead to a grand total of $31,952,000, The difference of
(Annual interest on Trust Funds, $224,510 25.)
$148,000 is immaterial just now, especially as both the
The sum total will thus be seen to be $10,452,593 30,
Chronicle’s and the MontgomeryAdvertiser's statements which the Auditor would seem to report as the direct
are only approximately correct.
In its issue of May 25, indebtedness of Alabama. To this, however, must be
our Montgomery
contemporary reviews the financial added the following amounts not contained in the Audi¬

loudly demanded by

dened debtors—of the

•

situation, and says:
At least once in every year

the prudent business man compares

his income, strikes a balance between his debts
and takes a financial reckoning. The people,
especially those of Alabama, should do likewise. Their self-elected
servants, during the first foui years of Reconstruction pretended
to do this thing for them; but they did it in such slip shod style
.that it is difficult to tell from their showing how4 much we owe or
to whom we owe it.
It was during that irresponsible period that
our present great debt was fastened upon us ; and because those
who created the debt neglected to make any record of it no public
officer has been able to say definitely what the public debt of
his outlay with
and his assets,

Alabama is.

tor’s report:

$732,000

issued to the South

and North Alabama Rail¬

$4,000 per mile act,” by which
endorsed by the State for that
road these direct bonds were issued at the rate of $1,000
direct bonds for $4,000 endorsed bonds.
$220,000 issued to the Mobile & Alabama Grand Trunk

road company under the “
on the return of bonds

railroad under the same

$204,000

issued to the

under the same

act.

Savannah & Memphis railroad

act.

Knowing the uncertainties surrounding this subject we
These three sums added to the bonded direct debt of
particular pains to investigate it, and give
below the result of our inquiries.
The principal data are $10,452,593 30, as stated by the
obtained from the Auditor’s official report, and are sup¬ $11,608,593 30.
In the tabular statements we have reprinted above,
plemented by statements furnished by gentlemen in
there are two items of bonds issued in 1872, during Gov.
Alabama known to be thoroughly informed.
Lindsey’s administration, one for $168,000 and
NATURE OF THE DEBT.

have taken

Auditor, will make

The State debt of Alabama may

four heads




as

follows:

be arrange^ under

the other
for $650,000, making together $818,000.
These are the
only two items of direct bonds issued charged to Gov.

582

THE CHRONICLE

Lindsey’s administration, when in point of fact exactly
one million of dollars direct bonds were issued
during his
administration. So it follows that $182,000 (unaccounted
for in the Auditor’s report) must be added to the Bonded

Direct debt....

Contingent

charges Gov. Lewis’
$185,000 and in 1874 with
$341,000, when it is known that $1,500,000 in direct bonds
were authorized by the Legislature of Alabama and were
issued by Gov. Lewis, under one act of the Legislature.
Hence, $974,000 remain unaccounted for.
These two sums of $974,000 and $182,000 must also be
added to the Bonded Direct Debt of Alabama as given
administration in 1873 with

by the Auditor, the total thus being $12,764,593 30.
To this must further be added $2,000,000 Straight
Bonds for the Alabama & Chattanooga railroad, and
$300,000 for the Montgomery & Eufaula railroad.
We thus reach the conclusion that the grand total of the
Bonded Direct Debt of Alabama reaches

$15,064,593 30.

CONTINGENT LIABILITIES OR RAILROAD DEBT.

The

contingent liabilities—or railroad debt,

as

that

portion of the public debt of Alabama may more proper¬
ly be styled—are given by the Auditor as follows:
CONTINGENT LIABILITIES UNDER ACTS APPROVED IN
ENDORSEMENT OP RAILROAD

Name

BONDS, ETC

,

of Road.

Alabama & Chattanooga
do
do
reported excess issued
East Alabama & Cincinnati

TO BEPT.

’67

AND

’70.

30, 1874.

Miles.

An.ount.

295

4,696,407 00
2,500,000 00

.

Grand total of Alabama debt
*

table the Auditor

$15,064,593 30
9,691,000 00

debt

Past due interest*

$31,952,000 80

We

same

same

or railroad

Floating debt, roughly estimated at

Direct Debt.
In the

[June 19,1875.

adopt the Montgomery Advertiser's estimate of past due interest, the
being approximately correct.

The great problem, looking to the prosperity of Ala¬
bama and to some kind of satisfaction for the holders of

Alabama
from the

bonds, is the relief of the people of that State
pressure of this enormous debt, in such a manner

that the credit of the State will not be too

seriously

impaired.

For some time past Alabama has been in a
practical insolvency, and this should not
continue much longer. In view of these facts, it is cer¬
tainly to be regretted that the State authorities, instead
of grappling with the debt question—which cannot be
evaded, however long postponed:—have contended them¬
selves with shuffling off responsibilities on what is known
as the Bond Commission.
This commission—in compli¬
ance with a special message of urgent advice of Gov.
Houston to that effect—has recently been established by
the Legislature with a term of office for two years, and
consists of the Governor as ex officio member and two
other respectable gentlemen not known particularly as
financiers, and whose object so far seems to have been to
condition of

ascertain the amount of the State debt, and to cause a

$4,720,000

registration of the direct and endorsed bonds to be made.
400,000 In other words, what it is thought a legislative committee
Mobile & Alabama Grand Trunk
55
880,000 could
easily have accomplished in say thirty days, it is
Mobile & Montgomery
2,500,000
Montgomery & Eufaula
80
1,280,010 supposed that the venerable and highly respectable Bond
Selma & Gulf
40
640,000
Commissioners—snugly ensconced in their parlor in the
Sdma, Marion & Memphis
45
720,000
South & North
183
891,000 Capitol at Montgomery—may be able to ascertain in two
Savannah & Memphis
40
640,030
years. At the expiration of that time, they may, quite
763
$12,751,000
likely, report progress, and ask for further time.
To this amount of $12,751,000 must be added $320,000
It is but proper to say that the people of Alabama, as
580.000

25

issued to the New Orleans & Selma

railroad, and which
do not appear in the Auditor’s report. This makes $13,071,000 of contingent liabilities, or railroad debt. But
from this sum must be subtracted the $880,000 of the
Mobile and Grand Trunk railroad brought in and cancell¬
ed under the “ $4,000 per mile act,” and the $2,500,000
of Mobile & Montgomery railroad bonds cancelled under
the same act.
This leaves $9,691,000 of railroad debt.
The Montgomery Advertiser puts this portion of the debt
at $12,751,000, and is, no doubt, led into this error by
omitting to subtract the two items mentioned by us, and
to add the $320,000 for the New Orleans & Selma railroad.

far

as our

observations extend, are honest,

and inclined

their just debts, both public and private. But the
they have encountered since the close of
the war—following the damages of the war—by the loss
of crops and in consequence of loose State and county
administrations, have reduced many of the most opulent
to narrowed means, and all to great pecuniary straits ;
while, from the peculiar constitution of Southern political
society, they are inclined to trust, with overweening con¬
fidence, to the counsels of individual leaders.
We subjoin another extract from the article of the
Montgomery Advertiser to which we alluded above. The
Advertiser's remarks obtain additional significance from
THE TRUST FUND DEBT.
We have already disposed of that portion of the debt the fact that that journal is known to be the mouth-piece
treated by the Auditor under the head of Educational of the State administration, and it is hut reasonable to
Fund Indebtedness as a part of the direct debt of the presume that it speaks the sentiments of the administra¬
State. It would be a curious chapter in the political tion. The italics are those of the Advertiser:
annals of Alabama if the secret history of the squandering
Let us compare our present condition with our condition before
the war. According to the Auditor’s report we had in 1861, ex¬
of these trust funds, as affecting individuals and the gen¬
clusive of negroes, $495,277,078 worth of property. We have now
eral community, could be minutely and correctly traced. less than one-third of that amount. The State debt was then, all
to pay

misfortunes

remains of them is that instead of told, $7,127,353! or say, one and a half per cent of "the value of
real and personal property not including slaves—so that in pro¬
being a profitable investment in aid of the people, they portion to our means the present debt of the State is nearly four¬
exist only in the shape of a heavy domestic debt subjecting teen times as great as the ante war debt was. This is by no means
a comforting reflection, either to the bondholders or to the tax
the people of Alabama to the payment of heavy addition¬ paying people. For the former, however, we have very little
sympathy. * They supported and encouraged the Congress which,
al taxes, in order to sustain their educational institutions. *
*
*
fastened upon our people not only the present
THE FLOATING DEBT.
extravagant constitution but that thieving crew who, without the
least pretence of an election, assumed by Congressional authority
With regard to the amount and the details of the float¬ to
About all that

now

legislate*for Alabama and vote away her credit by the cart load.
*
*
No man in Alabama regards any part
ing and miscellaneous debt of Alabama, it is impossible
of the railroad debt as honestly his own and it is State pride alone
to form any correct idea. The opinion of the best inform¬
which renders the people in the slightest degree willing to pay it.
ed is that it will require several millions to discharge these They are willing to compromise and pay out as best they can, but
when they see th
bt go on growing larger and larger year by
floating obligations.
year patience wul become exhausted; the wants of wife and
*

THE GRAND TOTAL.

From these several statements it appears
as follows:

of Alabama is




that the debt

*

children will stand forth before and above all other considerations
and the Gordian knot will be cut and cut quickly. It is well
known that all the influence of the Advertiser has uniformly
been nsed against Repudiation, hut unless something is speedily

June

19, 1675.]

588

THE CHRONICLE.

merchant; Messrs. Gileaa A.

done

Corry, 8 New Broad street,

arise in our mountains

Smith & Co., railroad merchants,23 Change Alley, Lombard street;
and Mr. James Dawbarn, 80 Lombard street, and of Norwich and

by those who bold the Slate’s endorsements a whirlwind will
and sweep along our valleys which noth¬
ing can resist. The people would gladly pay if it were possible.
They do not desire to evade any due responsibility. But is it

Tbetford and elsewhere,

copper

coal and iron

merchant and mine
Tne State tax on $159,000,000 of property at three fourths of one
therefore that the difficulties exist¬
per cent is $1,192,500. What is it required that sum shall pay ?
ing are entirely in the iron and metal trades,and have been produced,
Pir3t, the annual interest on $25,000,000 of debt, say
$1,750,000 partly by the heavy fall which has recently taken place in the
288,500
School dues
Interest on domestic debt
120,000 quotations, and partly by the disputes which have so long prevail,

possible ?

200,000

.'

Expenses of collecting and defaults

ore

It will be perceived

owner.

The discount brokers

ed in the South Wales coal district.

of

are

somewhat uneasy, and are unwilling to take the bills of
firms connected with the metal market; but the worst has now

course

$2,308,500

Total

of the State Gov¬ probably been ascertained, and a revival of confidence may soon
ernment, which may be put down at $691,500 more, making the
be expected to take place.
The crisis, (if, indeed, the use of such a
total sum of $3,000,000 to be paid annually out of an income of
term does not make the situation seem worse than it is), happens
the annual
$1,192,500. “ The thing can’t be did.” To meet
to be in a branch of trade which has always been very speculative,
expenses of the State on account of interest and other matters the
tix rate, on present valuations, would have to be raised to two
and in which panics periodically occur.
Viewed in this light, the
per cent., and that would be—confiscation. Does any sane man difficulties which have arisen are not a matter for serious
appre¬
believe that the people will submit to confiscation to pay a debt
saddled upon them in defiance of their will and against the pro¬ hensions.
*
tests of both black and white ?
*
*
*
*
These failures have naturally had an adverse effect upon our
In conclusion, we desire to repeat that this paper has always
trade, and it is evident that the long hoped for improvement wil]
opposed repudiation, and it proposes to maintain that position be
delayed. From all parts of the country we hear fkat a very
just so long as it is possible to do so. But facts are stubborn things,
cautious feeling prevails, and there is no reason to believe that the
and those who hold the State’b promises to pay should look them
in the face just as they exist.
We cannot pay—that is simply mercantile community will feel disposed to depart from this policy
impossible. We can compromise, however, and that we are quite for some time to come. Fortunately there is the prospect of a
willing and anxious to do. Anything—anything before Repudia¬
good harvest, not only of wheat, but also of feeding stuffs, so that
tion.
These remarks carry their own comment, and we although there are serious drawbacks, there are also aids to ini.
provement. There has been no activity in the demand for money
leave it to our readers to draw their own conclusions
during the week, but there has been a good supply; the tone of
from them.
Whatever their conclusions may be, they the market has been firm, and very little accommodation lias been
will, no doubt, join us in the hope that the complicated obtaiued under the bank rate. The quotations are now as under :
This does not include the current expenses

puzzle of the Alabama State debt will be solved in such a
manner that the dernier resort of cutting the Gordian knot
with the two-edged sword of Repudiation will be averted.
On the contrary, the authorities should speedily exert
themselves in devising some equitable and feasible plan
for arranging their overdue obligations—one that will
not be too onerous to the people, and yet will show their
willingness to pay their debts as far as they have the
ability to do so,
^

Cutest illcmetarn auD slcnuiuercial

^ngltsl) News

RATES OF EVCHANGE AT LOIVIION, AND ON
Al’ LATEST DATES.
EXCHANGE AT LONDON—
JUNE 4.

ON

TIMS.

-

Amsterdam...

3 months.
Paris
short.
Paris
3 months.
Vienna
Berlin
Frankfort
St. Petersburg
Cadiz
90 days.
Lisbon
3 months.
Milan
Genoa
NedIcs
New York
Rio de Janeiro
Bahia
Buenos Ayres..
....

....

....

....

....

....

....

.

«,

•

....

....

a

•

•

raos.

short.

.

June 4,

3 mos.

111.13

(4

short.

20.64
20.64

44
....

46
a

a

a

a

33k

•

e

a

©

•

a

a

•
a

a

a

•

60

days.

$4 87)6

....

•

a

•

•

•

a

a

a

a

a

-

a

a

.

•

a

a

a

....

Jane 3.

6

May 31.
May 27.
May 23.

mos.
a

•

a

a

a

a

•

•

....

....

....

a

a

•

a

-a

....

Is. 10d.
Is. 10 %d.
4*. 2 ytd.
5s. 9
....

4s.
...

....

....

freely discussed last
great excitement has

The commercial difficulties which were so

been made

public, but

no

produced. They are by no means of the magnitude of
Tkurn’s, although a leading journal has asserted that they are
the most important since the suspension of Overend, Gurney &Co.
been
im

..

...

2)6©....

..

statement

of

£

1873.
£

1874.
£

1875.
£

25.716,954

26,270,236

26.423,542

27,755,871
6,026,600

1872.

Circulation, including
£
bank post bills
24.642,97 2

9,690,194
17,890,496

13,315,702
21,587,421

13,898,9)4

13,904.108

21 625.040
13,588.075

25,612,708

18,338,146

21,9?6,t09

16,073,857

11,975,918

9,814,001

11,349,336

10,076,498

25 219,227

coin

Coin

11,095,328 18,470,007 8,017,544
17,705.879 17,180,634 17.487.604

22,319,913 20,637,126 22,391,896 22,484,393

and bullion ir

both departments....
Bank-rate

Consols

2)6 p. c.
91k.

..

English wheat
Mia. Upland cotton
No.40 mule yarn fair

92)6.

60s. 0a. 58s. lid.
8)6 d. l§u 1 7-16d.

...

2d

7 p. c.

4 p. c.

3)6

P- c.

57s. 5d.

62s. 2d.

8%d.

8)6d.

*7%d.

92)6.

Is. 2d.
Is. l)6d.
♦Is. Okd
621,000 129,654,000 114,046,000

Is. Id.
86,586,000*139,434

quality

3 p. c.

92 %x.
41s. lud.

92)6

Prices May 27.

The following are
abroad:

the rates fo* money at the leading cities

rate,

cent, per cent.

Paris
Amsterdam

Hamburg
Berlin
Frankfort

Viennaand Trieste....

Madrid, Cadiz and Bar¬
celona
Lisbon and Oporto....
St. Petersburg

market.

Bank

|

rate,

per cent, per cent.

4

3

3)6

3)6

1 Brussels
1 Turin, Florence

4

3
2k
2k

11 Bremen
1 Leipzig

3)6

4)6

1 Genoa

1 Geneva
| New York.

3)6

6@S

3)6
4)6
6
4

4)6

3k
4)6

Open
market

Rome

1 Calcutta

1 Copenhagen

3k

3k

and

4%

:

4

3k
3k
4k
3k

4@4)6
8)6
5

...

....

periodical sale of bills on India was held at the Bank of
England on Wednesday. The amount allotted was £*700.000, of
which £548,200 were to Calcutta, £149,800 to Bombay, and £2,000
to Madras.
Tenders on all Presidencies at Is. 9fd. will receive
about 19 per cent. This result shows a marked falling off in the
demand for the means of remittance to the East.
There is no demand for bar gold for export, and moderate
supplies have been purchased by the Bank during the week. Bar
silver is very flat at 55£d; and Mexican dollars have declined to
The

that the Aberdare & Plymoutblrou Company
carrying on a losing game for some years—some authori
ties assert for as long a period as a quarter of a century.
It is 55|d. per ounce.
The traffic return of the Anglo-American Telegraph Company
remarkable therefore that the well-known firm of bill brokers of
has been published, and shows that the receipts during the first
Sanderson & Co., should Lave become so deeply involved with
them. These two firms announced their suspension on Monday, four months of the year averaged £1,782 per day, against £1,976
and since then the following stoppages have taken place: Edward for the corresponding four months of last year. Daring May, with

in 1866.

It appears

has been

-

a

....

•

....

2)6©

showing the present position of the Bank
England, the Bank rate of discount, the price of Console
the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40 Mule yarn fair eecond qualitj,
and the Bankers’ Clearing House return, compared with the
four previous years :
Annexed is

*
s

a

is. 9k
Is. 9\^%d.
4s. Id.
5s. 7)6@%tf-

2)6©
2)6©.

....

London, Saturday, June 5, 1875.
now

Per cent.

Joint-stock banks
Discount houses at call
Discount bouses with7 days’notice
Discount houses with 14 days’notice...

Clearing House return*

a

[From our own correspondent.]

week have

by the Joint-stock banks and dis¬
deposits remain as under :

houses for

securities. 12,971,405
Other securities
16,684,209
Reserve of notes and

11.85
25.2.1
20.47
25.25
,

a

The rates of interest allowed
count

per
••

...

.

Alexandria....

3

it

a

3>i

Bank Open

...

days.

Calcutta.

Hong Kong...
Shanghai....:.
Penang
Singapore..

|

3k@3k

bills.

Government

RATE.

....

.....

60

Bombay

;

June 4.

«.

...

..

4«

©25.32)6
©25.55 J

30 and 60 days’
3 months’bills

.

....

Pernambuco
Montevideo...

•

©20.88

....

Valparaiso

fct

25.20
25.50
11.40
20.84
20.84

@20.88
©20.83
32k@32k
47k @18
52 9-16 ©52 11-16
27.10 ©27.15
27.10@27.15
27.10@27.15

short.

June 4.

20.84

©11.45

TIME.

DATE.

Il.l7k©11.18k
©25.55

Open-market rates:

Public deposits
Other deposits

LATEST

25.50

...

3)6

1871.

EXCHANGE ON LONDON.

RATE.

short.

Antwerp
Hamburg

LONDON

Per cent.
4 months’bank bills
3k®3k
6 months’ bank bills
3k@3k
4 and 6 months’ trade bills. 4 @4#

Percent.

Bank rate




[June 19, li:5.

CHRONICLR

584
=LJ<

regard to the growing crops, both here and on the continent. The
word, the receipts were £1,093 per day, against
wheat trade has in consequence remained dull, and where sales
£1,813 in May, 1874, when the tariff* was 4s.
have been pressed, lower prices have been submitted to. No
The stock markets at the commencement of the week were
unsettled, owing to the failures which had taken place ; but latter¬ change of importance has, however, taken place. The average
quotation for English wheat is now only 41s. 10d., against 62s. 2d
ly there has been a firmer tone, especially as regards British rail¬
per quarter last year.
way shares. The American market has been rather dull; and as
The following figures show the imports and exports of cereal
regards foreign Government securities, some flatness has also been
produce into and from the United Kingdom since harvest, viz.,
apparent. The closing prices at to day’s market compared with
from September 1 to the close of last week, compared with the
those of last week, were as follows:
Redm.
June 5.
May 29.
corresponding period in the three previous years :
x92*@ —
Consols
94V£@ ....
IMPORTS.
United States, 6s
188.1 109 @110
109 @110
1874-5.
1873-4.
1872-3.
1871-2.
Ho
5-20 years, 6s
1882 102 @103
102 @103
Wheat..
cwt. 29.203,193
3!?,975,005
33,619,340
29,546,599
6s
1884
@
Do
@
Barley
10.960,684
7,292,516
12,013,392
9,836 116
Do
6s
1885 106*@107
109 @106* Oats
6,750,459
7.446,215
7,517.237
7,965,103
1885 107)* @108)4 107*® 108* Peas
Do
6s
885,905
1,090,263
1,290,196
634.088
U. S. 1867,1371,346,350 iss. to Feb. 27,’69, 6s... .1887 109*@109* 109 @109*
Beans
2,012.649
3,114,259
2,047,54*4
2,658,287
Do
5s
1874
....@
@ .... Indian Corn..
11,564,016
12,414,139
15,022,943' 13,540,00j
Do funded, 5s
1881 102*@103* 102*© 102* Flour
5,245.157
4,977,403
2,4C6,934
5,217,762
Do 10-40, 5s
1904 103*®104* 103)4@104)4
EXPORTS.
Louisiana, old, 6s
'....@
@ -. Wheat
cwt.
179,025
1,756,617
359,078
2,136,793
Do
new, 6s
@
@
164.825
• 231,395
13,137
14,953
Barley
Do
levee, 8s
@
@
Oats.....
53,765
17.G08
101.540
82,494
Do
do 8s
1815 25 @ 35
25 @ 35
17,435
10.282
7,936
Peas
6,520
25 @35
Do
do 6s
25 @ 35
1,827
Beans.
2,301
1,840
5.041
Massachusetts, 5s
1888 99 @101
99 @101
Indian Corn
42,825
31,580
20.807
111.913
Do
5s
1894 99 @101
99 @101
Flour
45,733
109,271
16.735
54,620
Do
5s
1900 100 @102
100 @102
...!
100 @102
Do
5s.
1889 100 @102
A report from Manchester states that the extensive failure in
Do
5s
1891 100 @102
100 @102
Do
5s..’
1891 100 @102
100 @102
London, and the anticipation cf further commercial embarrass¬
Virginia stock* 6s
3,
.. ..
28 @ 32
28 @32
ments, lias interfered materially with the progress of business in
Do
New funded 6s
4
1905 49 @51
49 @ 51
that market. Merchants have held almost entirely aloof, or pur
AMERICAN DOLLAR BONDS AND SHARES.
28 @ 30
30 @ 32
Atlantic & Great Western 1st M., $1,000, 7s...1902
chased merely for the exigencies of the moment.
The advices
12 @ 14
14 @ 16
Do
2d raort., $1.000,7s..1902
6 @ 7
6*@ 7*
from India and China are also far from encouraging, and the de¬
Do
3d mort., $1,000
1902
49 @ 51
Atlantic Mississippi & Ohio, Con. mort., 7s
1905 49 @ 51
mand for staples suitable for those markets shows a considerable
86 @ 8S
86 @ 88
Baltimore & Potomac (Main Line) 1st mort, 6s. 1911
do
(Tuuncl) 1st mortgage, 6s,
falling off. The more cheerful tone of tlie Liverpool market
87 @ 89
87 @ 89
(guar, by Pennsylvania & No. Cent.Railway). 1911
93 @ 91
93 @ 94
Central of New Jersey, cons, mort., 7s
yesterday led to a better inquiry, but to-day the improvement has
1899
91 @ 93
Central Pacific of California, 1st mort., 6s
1896 91 @ 93
disappeared, a dull, gloomy tone being the prevailing characteristic
Do
California & Oregon Div., 1st
86 @87
1892 86 @ 87
mortgage gold bonds, fts
throughout all departments. Home trade yarns neglected, but
45 @ 55
Detroit & Milwaukee 1st mortgage, 7s
1875 45 @ 55
45 @ 55
Do
2d mortgage, 8s
only in rare instances is any concession obtainable. In shipping
1875 45 @ 55
15*@ 15*
15*® 16*
Erie $100 shares
23 @ 25
24
qualities, the Eastern demand is poor ; for the Continent, both in
@ 26
Do preference, 7s
42 @ 44
Do convertible gold bonds, 7s
1904 43 @ 45
Goods generally
warps and bundles, the turn-over has been small.
....@
....@
Galveston & Harrisburg, 1st mortgage, 6s
1911
89 @ 90
have been worse to sell, the sales concluded being far below an
Illinois Central, $100 shares
88 @90
Lehiah Valiev, consolidated mortgage, 6s
1923 86*@ 87* 87*@ 88* average. Shirtings little sought after. Fine goods quiet, with
97 @100
97 @100
Marietta & Cincinnati Railway; 7s
1891
Missouri Kansas & Texas, 1st mort., guar, gold
quotations tending in buyers’ favor. From Leeds, we learn that
42 @ 46
bonds, English, 7s
19C4 42 @ 46
trade just now is in an unsettled state, principally on account of
®
....@
New York Boston & Montreal, 7s
1903
103 @104
New York Central & Hudson River mortg. bonds.. 103*@1G4*
several failures which are announced from a distance, and which
90 © 91
90 @ 91
New York Central $100 shares
27 @.29
27 @ 29
it is feared may affect some of tlie local firms here. Already news
Oregon <fc California, 1st mort., 7s
1890 24 @ 26
24 @ 26
do
Frankfort Commit’e Receipts, x coup.
has been received of the suspension of a large firm in Canada
@ 44
43 @ 44
Pennsylvania, $50 shares
@
@
Do.
1st mort., 6s
1880
which will fall somewhat heavily upon this district, probably to
46 @ 48
Philadelphia & Reading $50 shares
46*@ 47*
the extent of £30,000 or £40,000 ; purchases, therefore, have been
Pittsburg Fort Wayne & Chicago equipment
98 @100
bonds (guar, by Pennsylvania Co.). 8s
98 @100
to a limited amount, buyers not caring to speculate at present.
85 © 87
1889 85 @ 87
Union Pacific Land Grant 1st mort., 7s
89 @ 91
Union Pacific Railway, 1st mortgage, 6’s
1893 89 @ 91
A few parcels of tweeds and coatings, simply to meet pressing
AMERICAN STERLING BONDS.
@ 86
85 © 86
wants, have been the only fabrics transferred, and these bad to be
Allegheny Valiev, guar, by Penn. R’y Co
1910 84
Atlantic & Gt. Western consol, mort., Bischoff.
7 @ 9
6 @ [8
purchased at very firm rates. The warehouses and shipping firms
certs, (a), 7s
1890
@
@
Atlantic & Gt. W., re-organization scrip, 7s.. .1874
are equally affected, and no improvement is expected for the next
48 @ 52
50 © 55
do.
Do.
leased lines rental trust, 78.1902
23 @ 28
23 @ 28
week or two. Manufacturers continue well employed. At Dundee,
do.
do.
Do
1873, 7s. 1903
....©
....©
Do.
do.
Western exten., 6s
1876
flax is held firmly, but there is not much inquiry. Tows find little
60 @ 65
60 @ 65
do.
Do.
do. 7s, guar, by Erie R’y.
Baltimore & Ohio, 6s
..1895 104*@105* 104 @105
favor, except fine kinds, which are in rather more demand. Jute
....1902 104* @105* 104 fr&105
Do
6s
103 @104
104 @105
Do.
1910
6s
very dull, and no appearance of any improvement.
Flax yarns in
.©
Burlington Cedar Rapids & Minnesota, 7s
1902 ....©
fair demand at steady prices.
In linens a fair amount of business
52 @ 56
52 @ 56
Cairo & Vincennes, 7s
...1909
@101
Chicago & Alton sterling consol, mort., 6s.
1903 100*@101* 100 @
doing. Jute goods and jute yarns are much depressed. From the
..@
a

tariff of 2s. per

...

-

.

..

,

....

...

...

...

..

...

.

...

...

...

...

...

...

...

....

..

Chicago & Paducah 1st mort. gold bonds, 7s...1902
Cleveland, Columbus, Cin. & Ind. con. mort
Eastern Railway or Massachusetts, 6s
1893
Erie convertible bonds, 6s
1875
Do. cons. mort. for conv. of existing bonds.7s.1920

!... 1894

Do. second mort, 7s

.1900

Illinois & St. Louis Bridge 1st mort. 7s.
Do.
do.
2d mort., 7s.

1903

.

....

87

98
83
80

42
75
93
60

89
99
86
82
44
80
95

87

@ 70

60
92

@
@
@
@
@
@
@

92*@ 93*
@104
....®
99*@100*
86 @ 88
9S @109
86 @ 88

103

Do.
do
6s
Illinois Missouri & Texas 1st mort. 7s....

.

Lehigh Valley consol, mort. “A,” 6s

1891

.19.12
19 :2
.1901
1901

Louisville & Nashville, 6s

Memphis & Ohio 1st mort. 7s

.1902
Milwaukee & St. Paul, 1st mort. 7s
1902
New York & Canada R'way. guar, by the Dela¬
1904
ware & Hudson Canal scrip, 6s...
1904
N. Y. Central & Hudson Uiv. mort. bonds, 6s. .1903
.1903
Northern Central R’way, consol, mort., 6s
1904
Panama general mortgage, 7s
1897
Paris & Decatur
1892

@
97* @
80 @
79 @
40 @
93

103

@ 95
@ 70
© 93

@104
.@

....

89
98*
85
81
42

....

1910
Pennsylvania general mort. 6s
Do.
consol, sink’g fund mort. 6s... .1905
Perkiomen con. mort. (June ’73) guar, by Phil.
& Reading, 6s
1913
Phil. & Erie 1st mort. (guar, by Penn.RR.) 6s.. 1881
Do.
with option to be paid in Phil., 6s ...
Phil. & Erie gen. mortjguar. bv Penn. RR.)6s.l920
Phil. & Reading general consol, mort. 6s
1911
Do.
imp. mort., 6s
1897
Do.
gen. mort., 1874, scrip, 6’s
South & North Alabama bonds, 6s
*
,r
St. Louis Tunnel 1st mort. (guar, by the Illinois
<fe St. Louis Bridge Co.) 9a
1838
Union Pacific Railway, Omaha Bridge, 8s..
.1896
United New Jersey Railway and Canal, 6s
1894
.

Do.

do.

do.

do.

6s

1901

103
93

@104
© 94

@ 95
96 @ 98
96 © 98

93

@ 85
@104
95*@ 96*

83
102

9S*@ 96*
86

88

70
93

@ 80

@100

102*@103*

102*@103*

feeliug prevailed. Smelters of pig iron quoted No. 3 at 55s.
and other numbers in proportion, according to
terms and time of delivery.
Buyers hold back all except pressing
orders, in expectation of further reductions in the cost of iron, but
this is not possible unless the value of raw material and labor is
farther reduced. Prices of rails are hardly so firm, inconsequence
of the

100
86

work in hand.

@102
@ 88

© 99
@i08
90*® 91*
96 @ 98
80 © 85
103 @104
93 @ 94
97

107

96
96
96

@ 93
@ 98
© 98

85*@ 86*
105* @106*
96 © 97
96 @ 97
86 @ 88
70
98

@ 80

@100

102*@103*
102*@103*

January, 1872, to January, 1874, inclusive.

The weather has been very

brilliant during the whole of the

prewnt week, and favorable reports



quiet, but a

better

competition of other districts, but there is a fair amount of
Ship plates continue in fair request. Puddled
bars fire rather dearer. Trade in other departments very quiet.
Coke has decreased to 16s. per ton for best
Ironstone is scarce.
qualities.

have been received with

Coal easier.
English

Market Reports—Per

Gable.

closing quotations in the markets of London
pool for the past week have been reported by cable, as
The daily

the following summary:
London Money and Stock

fluctuated somewhat during
will show.
The bullion in the Bank

during the week.
Consols for money..
“

*Ex 5 coupons,

learn that business was

to 56s. per ton,

102*© 103*
86 © 88

’

97 @ 99
107*@!08*
90* @ 91*
97 © 99
80 © 85

Northern iron district we

account..

...

93*

0. S. 6s (5-20s,)1865,old.. 106*
44
44
1867...
109*
U. 8.10-408
New 5i.
..

shown in

Market.—American Securities have
the past week, as the annexed prices
of

England

Mod.

Tues.

93*

sat
.

and Liver¬

92*

has increased

£912,000

Thnr.

Fri.

93

92*

92*

93*
106*

Wed.

109*

106*
109*

X106*

104*

104*

104*

92*
106*
106* '
104*

108*

108*

108*

108*

93*
106*

93

93

106*
106*

104*

108*

Jane 19, 1876

quotations for United States 6s (1862) at Frankfort were:
...
U, S. 6a (5-208) 1862
....
99
Liverpool (Jotton Afarkit.—See special report of cotton.
Tb3

Liverpool Breadstufts Market.—The market for breadstuff’s
ruled dull at the close. Compared with the opening prices of
the week wheat and corn are higher, although winter wheat and
corn are lower than on Thursday.
8.

Flour (Western)
$bbl
Wheat (Red W’n. 8pr).$ ctl

d

21

21
8
9
9
32

0

“

(Red Winter).... “90
(Cal. White club) “90
Corn (W. mixed) $ quarter 32 0
Pea8(Cauadian).
Quarter 3) 6
“

0
0
0
0

39

0

8

d.
0

s.

6

32
39

Liveipool Provisions Market.—Pork and

Friday, while bacon and cheese are

Lard (American) ...
Chee8e(Araer’n line)

“
“

d.

a.

0
6

60

54

0

70
72
51
53
54

1

9
9
32

39

8.

0
2
1
3
9

6

3
6
6

Wed.
8.' d.

d.

0
6
9
0

70
72
51

21
8

21
8
9

9
32
39

d.
0
2
0
3
6
6

lard have fallen off
higher .

Tues.

Mon.

Sat.
8. d.
70 0
73 0
9
51
60 0
51 0

0
2

21
8
9
9
32
39

2
1
3
6
6

8
9
9

Fri.

Thur.
s. d.

Wed.
8. d.

Tues.
•s.
d.
21
0

Mon.

Sat.

siuce last

0

9

6
0

70

6
0
0
0

70
72
52
59
54

Fris. d.

Thar.
8. d
72
52
58
55

0
6
0
0

70

57'

0

0

55

0

0

s.

d.

5

Rosin (common)... $c\vt..

3

Tntur.

5 3

5 3

5 3
18 0

“

“
(Ine)
18 0
Petroleu.n(roflnod)
$ga!
9)4
(spirits).....
“
8
TallowfAmerican)... $ cwt. 41 0
Cloverseed (Am. red).. “
37 0
Spirits turpentine
“ 23 0
“

-

Wed.
s. d.

5 3

d.

8.

9%
8

41

0

0

37 0

0

23 0

23 0

23 0

d.

Frl.
8.

d.

5 3

18 0
18 0
18 0
9#
9)4
9)4
8
8
8
41 0
40 9
41 0
37 0
37 0
37 0

18 0

8

41
37

8.

«

and Oil Markets.—Sperm oil

23 0
23 0
lost £4 last

throughout the present

Friday evening, but has ruled steady
as has the remainder of the list.

week,

Lins,dc’ke(obl).^ tn 10
Linseed(Calcutta>....
Sugar(No.l2 D’ch std)
on spot, $ cwt
$ tun. 100
Sperm oil

10
50

£

<1.

s.

0
0

10 10 0
50 0

21 0

£ 8. d.

0 0 100 0 0 100 0
Whale oil
“
35 0 0 35 0 0 33 0
Linseed oil...cwt.
24 9
24 9
24

£

Tliur.
8.

Frl.

d. £ s. d.

10 10 0 10 10 0
50 0
50 0

10 10 0
50 0

24 0

24 0

21 0

0 10 '.0
0
50

24 0

Wed.

Tues.

Mon.
£s. d.

Sat.
£ 8. d.

24 0

$25,648,150 i 1869
24,691,4o6 | 1868

1.—Securits

32,683,580 | 1867
37,308.920 11866
15,182,941 |

1872
1871
1870

The imports of
beenas follows:
June 7—Brig
June 8—Brig

22,873,174

43,534,278

specie at this port during the past week have

City of Mexico

850
352

Gold

Yera Cruz

...

Ilamburg.
Laguayru,

June 10—Str. Gillert
June 12—Brig Eiche

$60*

Gold dust.....
Silver

Curacoa
Belize

Thetis
Tula

2.—Nationl

June 9—Str.

$14,046,620
48.702,627

19,198

Silver

58.802
14 508

Gold.
.Gold
.Silver.
Gold..
.

274

1,376
$95,420

Total for the week
Previously reported
Total since Jan. 1

6,371,912
$6,467,332

1875

Same time in1874....
1873.
1872
1871
.*

$2,320,791
2,591,211

..

713,327
3,163,221

Same time in1870
1869

$7,016,220
8,904,110
3 754.046

1S68
1867

1,554,989

following forms present a sum¬

of certaiu weekly transactions at the National Treasury.
held by the U. S. Treasurer in trust for National

mary

Banks and balance in the Treasury :

Tues.
8. d.

Mon.

Sat.

Same time in—

Same time in-

1874
1873

National Treasury.—The

Liverpool Produce Market.—Tallow closes 3d. lower.

London Produce

58$

THE CHRONICLE.

]

0 100 0 0 100 0 0 100 0 0
0 35 0 0 35 0 0 35 0 0
9
24 9
24 9
24 9

©ommerctal anh JHisccUanrous Nctua.

Coin cer-

Week
For
ForU. S.
ending Circulation. Denosits.
Dec. 5... 385,446,250 16,437.200
Dec. 12.. 885,426,250 16,327,200
Dec. 19.. 385,304,250 16,277.200
Dec. 26.. 385,349,750 16,387,200
Jan. 2.. 385,128,250 16,132,200
Jan. 9.. 384,959,150 16,457,200
Jan. 16.. 334,695,250 16,432,200
Jan. 21.. 384.458,600 16,482,200
.Tan. 80
384,348,850 16,482,200
Feb. 6.. 383,663.250 16 633,200
Feb. 13.. 333,534,150 16,452,200
Feb. 20.. 3*2,469,050 16,452,200
Feb. 27.. 382,083,650 16,062,200
March6.. 382,359 150 16,152,200
March 13 381,602,450 16,152,200
March 20 381,389,950 16,302,200
March 27 380,896 950 16.302,200
.

April 3.. 380,619,600

April 10. 380,683,100
April 17. 379,881,600
April 24. 380,217,600
May l... 379,506,900
May 8.... 319,383.400
May 15 .. 379,198,900
May 22... 379,186,900
378,938,900

June 5..

June 12.. 378,176,400

Total.

,-Bal. in Treasury.-^ tiflcates
Coin.
Currency, outst’d’g.

401,883,450 82,746.882 15,093,899 22,592,400
401,753,450 77,913,139 14,S72,708 21,834,700
401,581,450 76,730,074 14,135,447 21,205,100
401,736,950 76,743,245 13,609,104 21,378,400
401,260,450
401,416,950 72,002,772 12,039,348 27,043.400
401,117,450 70,769,067 10,436,039 28,070,200
400,940,800 71,706,239 10,013,674 27,609,100
400.831.050
.
400,296,450 69,070,765
8,643,037 23,517,800
399,986,350 67,987,072
9,013.000 21,816.800
398,921,850 70,610,776
5,673,475 21,724,900
898,145,850
398,511,350 74,000,000
397,754,650 76,200,225
397,692,150 78,836,738
397,199,150 80,174,051

9,830,000 22,000,000
8.148,509 22,142,100
6,969,282 22,866,700
5,134,288 24,045,900

16,302,200 396,921,800

23,159,400
23,150,500
22,311.500
22,403,800
21,166,400
3,501,429 20.848 600
3,806,600 20,119.800

16,277.200 396,960,300 84,127,876
16,270,000 396,151,600 86,873,392
16,277,200 396.524,800 88,506,596
16,227,200 395,734,100 94,625,669
16.152,200 395,535,600 88,814,425
16,017,200 395,216,100 92.205,153
15,967,200 395,154.100 92,551,522

15,917,200 394,856,100
15,942,200 394,118,600

4,422,986
3,160,344
2,149,&38
1,096,376
1,870,125

3,434,798 19,777,200
3,874,655 19,248,300

83,927,204
83,608,659

bank currency in circulation; fractional currency
Week.—The imports this
received from the Currency Bureau by U. S. Treasurer, and diagoods and general iner
chandise. The total imports amount to $6,286,815 this week, tributed weekly; also the amount of legal tenders distributed:
Fractional Currency.—, Leg. Ten.
Notes in
Week
against $5,904,607 last week, and $9,357,343 the previous week. ending
Circulation.
Received. Distributed. Distrib’d.
The exports are $5,G73,819 this week, against $5,593,109 last Nov. 14
632,100
*
2,723.214
348,089.341
»
week and $4,268,064 the previous week.
560,000
357,831,630
2,608,051
The exports of cotton, Nov. 21
350,193.593
2,209,180
406,700
the past week were 13,123 bales, against 14,378 bales last week. Nov. 28
476,000
349,327,208
8,505,935
Dec. 5
The following are the imports at New York for week ending (for Dec. 12
347,176,153
476,900
3.559,153
346,990,532
521,500
2,645,183
dry goods) June 10, and for the week ending (for general mer Dec. 19
Imports and Exports for the
week show an increase in both dry

chandise) June 11:

F0RE19N IMPORTS AT

NEW YORK FOR THE WEEK.
1873.

1872.

1874.

1875.

$1,086,419
5,096,580

$1,215,938

General merchandise...

5,002,075

$1,283,929
9,391,212

$1,285,290
5,001,525

Total for the week..

16,182,999

$6,218,013

$10,680,141

$6,286,815

Previously reported....

203,703,059

192,646,810

186,972,228

158,841,895

$209,886,058

$198,864,823

Dry goods

Since Jan. 1

$197,652,369 $165,128,710

raport of the dry goods trade will be found the importsof
dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, for the'week ending
In

our

June 15:
HXPORT8 FROM NEW YORK

FOR THE WEEK.
1874,

1872.

For the week

1873.

$5,065,570

$6 571,935

92,371,927

122,340,070

$97,437,497

$128,912,005

$131,359,355

Previously reported..,.
Since Jan. 1

1875.

$6,888,587
124,470,768

.

$5,672,819

105,163,505

2,413,610

347,106,221

465,500

347.959,471

331.400

2,378,817

347,876,131
350,256,446

435,200
263,900

3,062,715
2,460,858

345,601,096
345,562,363

Dec. 26
Jan.2
Jan. 9
Jan.16
Jan. 23
Jan. so
Feb. 6
Feb. 13
Feb. 20
Feb. 27
March 6
March 13
March 20
March 27

801,500
539,700
784,700
933.100
642,600
576,100
584,800
619,000

345,015,428
344,310,452
344,464,477
344,596,472
345,898,527
846,872,489
347,462,861
847,049,106

347,269,876

April 3

849.286,226

April 10

349.682.411
849,710,241
350,536,886
349.460,201
350,459,189
850,012,329

April 17
April 24
May 1
May 8
May 15....
May 22

350,780,279
349,257,859

June 5.,
June 12

3.766.360
3,241,481
3,535,671
3.324.361
2,448,299
2,506 856
8.028,890
3,341,569
3.837,121

684,600

2,894,142
2,707,602

700,000
674,100
882,700
815,500
704.200
742,000
695,100
636,300

2,217.754

668,500

2,192.144

2,997,468
2,438,775
2,590,366
2,808,600
2,908.157
1,923,242

$110,836,324

The following will show the exports of specie from the port of
New York for the week ending June 12, 1875, and since the
beginning of the year, with a comparison for the corresponding
date in previous years:
June 9—Str. Abyssinia
Liverpool
American gold
$429,00n
Silver bars

BANKING AND FINANCIAL.
RAILROAD BONDS.—Whether you wish to BUY or SELL, write to
HASSLER & CO., No. 7 Wall street. N. Y.

144,693

June 10—Str. City of NewYork.Havana
June 10—Str. Pommerania
Hamburg

June 12—Str. Periere
June 12—Str. Donau
June 12—Str. Adriatic

...Havre

15’000

Spanish gold
Silver bars

179,405
1,120,000

American gold
Gold bars
Mexican silver
French silver

24,000
26,000
500

ounces

Southampton.American gold coin...
Silver bars

Liverpool

Liverpool

20,COO

239,405

Silver bars
Gold bars

19.:3no

Total for the week

t

13,800
650,000

$4,674,036

-

Previously reported




77,!>22

138,747

American gold coin...

Total since January 1, 1875.

650,000

90l’,260

gold
AmericanMiver
Mexican
Gold bars
Silver bars..-

June 12—Str. City of Paris

years;
dress

complete list of defaulted railroads, etc.,

by JOHN HICKLING &

2^000

50^000

American gold
Spanish

MEN AND IDIOMS OF WALL STREET.—A new 72f>age book jubt issued
explaining the various methods of operating; highest and lowest prices for 17

..

36,113,510
$40,787,546 •

will be sent free to any ad
Broadway, N. Y-

CO., bankers and brokers, 72
STOCKS

Dealt in at the New York
five per cent.

Stock Exchange bought and

fr
sold by us on margin of

PRIVILEGES

Negotiated at one to two per cent from market on members of the New York
Exchange or responsible parties. Large sums have been realized the pust 80
days. Put or call cobIs on 100 shares

$106 25

Straddles $250 each, control 200 shares of stock for 30 days without further
risk, while many thousand dollars profit may be gained.
tion furnished. Pamphlet, containing valuable statistical information and
showing how Wall street operations are conducted sent
FREE

Advice and informa¬

To any
ns.

address,

Address.

Orders solicited by mail or wire and

promptly executed by

TUMBREDGE As CO., Bankers and Brokers
No. t W*U street

N.’

42..27756——HFoirrsate

[June 19, 1875,

THE CHRONICLE.

The -ange in prices since Jan. 1, and the amount
of bonds outstanding June 1, 1875, were as follows:

<0>aiette.

Stinkers’

<£l)e

,—Range since Jan. 1.—. ,—Amount June 1.
Lowest.
Highest.
Registered. Coupon.
reg..118 Jan. 5 122% May 26 $193,328,850
$
89,407.500
coup.. 113% Jan.
8 126% June 17
3,067,100
82,481.050
coup
114% Jau. 2 118% Apr. 13
coup.. 116
Jan. 1! 121 Apr. 27 26,288,100 32,704,700
coup.. 118% Jan.
8 122% June 18 33,737,000 118,747.350

IViriOVlL B INKS ORG lPTI/KD.

Comptroller ot the Currency furnishes the
following statement of National Banks organized the past week:
National Rank of Milford, Massachusetts. Authorized capital,
#130,0(10; paid-in capital, $113,000.
Samuel Walker, President;
Napoleon B. Johnson, Cashier. Authorized to commence business,
The United States

12, 1875.

•lune

National Bank of Newport. Kentucky.

Authorized capital,

$100 U00; paid-in capital, $50,000. Wil iam Robson, Presiden ; Thomas
B. Youtsey, Cashier.
Authorized to commence business, June 15. 1875.
DIVIDENDS.

The following

Per

Company.

Cent.

Whf,k

j

•

Books Closed.

4

J,“hiph V nllpy
Rome Watertown & Ogdensburgh

2%

lJuly

3

j July 15 June 26 to July 14
[July 1 June 22 to June 30

4
6

10

reg..

117% Jan.
118% Jan.
118 Jan.

(July

1
15

[July

,

8 124% June 17
9 125% June 18

125% June 18
118% June 18
4 1 lu% June 7
2 118% June 18
4 124% Apr. 24

9
5

113%Mch.
113% Mch.
113% Jan.
117% Jan.

58.107 950
88,613,250
14.183,000

144,555.150
222,0n9 500

23.29UX.I)

141,514,900

...

.

53 051,400

203,358.150 192,448.300
64.623.512

Closing prices of securities in London have been as follows:
J

June
4.

U. S. 6s, 5-20’e, 1865,
Q. S.6s, 5-20’s, 1867
Q. S.58, 10-40’8

old..

June
11.

106%
109%

i

‘HMfr'h'hnrP’

Banks.
Hanover National
National Park
Insurance.
Hamilton Fire

6s, 5-20’s, 1862
6s,5-20’s, 1864
6s, 5-20’8,1865
6a, 5-20’s, 1865, new,coup..
6s, 5-20’s, 1867
coup..
.coup..
6s, 5-20’s, 1868
5s, 10-40’s
..reg..
coup..
5e, 10-40’s
■
5s, funded, 1881....coup..

>P’able.! (Days inclusive.)

1

Railroads.

6s, 1881
6a, 1881

6s.Currency

Dividends have recently been announced :

of each class

106% ! 106%
109)% j 106%
104%
101%
103% ' 103%

104

102%

New5s

une

Since Ja u. 1, 1875. ——>
Lowest.
Highest.

,

18.

105% Apr. 22 108% Apr.
106% Ju'ie 18 109% May
102% Feb. 13 105% Feb.
10c
Anr. 19 103% June

9
5
6
16

l.June 19 to Juue30
State and. Railroad

July
July

Bonds.—There have been

only moderate

principal interest being in TennesSafeguard Fire
7| Iscellaneous.
s-es, which have fallen off to 49| on the diminished prospect
4
July 1 June 22 to Ju’y 1
National Trust
4
July 15 -July 0 to July 15 that July interest will be paid. The State officers have returned
Wells, Fargo & Co
to Nashville from this city, not being willing, as it is reported, to
Friday. June IS. 1875—6 P. M.
pay more than 7 per cent on a temporary loan, which was offered
The
situation.— The them here ; there is still some expectation that they mar borrow,
Money Market and Financial
the mouey from New York through the medium of a Nashville
absorbing topics of the past week have been the financial diffi
culties in London and the adjustment here of the railroad strife bank, and so obtain it at better rates. Georgia gold 7s sold to-day
between tbe Pennsylvania and Baltimore & Ohio Companies. at 9G.
Nothing f urther has been developed in regard to the
Failures of a number of firms in London and several in Man
negotiations between Alabama bondholders and the State Com¬
Chester have been reported, some of them with liabilities of large missioner.
In railroad bonds there have been rather larger transactions at
amount, and nearly all houses in the East India trade, iron
tiade, or else bill brokers
It has been a matter of much sur¬ higher prices for the most popular issues, particularly the Central
prise here that,, on ihe occurrence of failures aggregaiing so large and Union Pacifies. Notice is given by ihe treasurer of ttie Union
an
amount, there has been so litt'e disturbance in the tone of P.icifit that one per cent of the outstanding sinking fund bonds
will be-drawn July 28 and redeemed September 1, accirdingto
financial affairs in London, as there is not the slightest appear¬
ance of a panic there.
The Bank of England is increasing its the terms cf the mortgage. Chicago & Northwestern consolidated
bullion lively, showing a gain of £912,000 , for the week ending gold bonds sold down to 79 on the erroneous reports that an issue
Thursday, while the discount rite remains unchanged at 3.} per of convertible bonds had been authorized, hut re acted imme¬
cent, and money in the open inirket is £ lower.
This absence of diately to 8(H@89f, the fact being that the resolution actually
excitement and the slight decline in consols is a very signific nt passed at the late annual meeting distinctly disapproved of
feature, and is only to he accounted lor on the theory that the lurther issues of interest-bearing securities. The demand runs
now on the higher classes of railroad
failures have not caus-d in Louion any serious apprehension of
bonds, but wi'hout further
widespread disaster, and must be regarded as likely to be con¬ disturbances in financial matters to shake the confidence of in¬
fined in their eft cts to a comparatively narrow circle.
What¬ vestors, the prevailing easy rates for money and high prices of
ever the
results may prove to be, it is fortunate that there has governments will be likely to develop a more general demand for
been so little sign ot panic, as nothing else could do so much to all classes of good railroad bonds.
check the spread of actual trouble as this calmness and apparent
Daily closing prices of a few leading bonds, and the range
since Jan. 1, have been as fellows:
confidence in the general soundness of financial affairs.
In our local money market there is as great an abundance of
-Since Jan IJune June June June June June
loanable funds pressing lor use as at any previous time, and 2@
17.
13.
Lowest
18.
12.
14.
15.
Highest
44
Jan. 27 55% Jan. 5
51
*50
49%
*49
59
per cent are the prevailing rates on good collaterals.
Com¬ 6sTenn., news... *20% *49% *20% **o% *20% *20% 20 Moh. 2; 29 Jan. 18
6a N. Car.,old....
*20%
mercial paper is sold at 4(a)5 per cent for prime grades, with 6s N. Car.,new... 11
dan.
7
*11
*11
11
June 12 16
*11
*11
*!1
*6t%
55% J ill. 26 6 i% Apr. 3
Virg., consolid
*65% *64% *64% *64
exceptional transactions on choice paper at 3£ per cent; in conse¬ 5b do
*46
*46 V *47
June 7
36
Mch. 21 45
2d series. *45% *45
*16%
*35
35
30
Jan. 27
Mch. 20 33
*34%
quence of slack mercantile business there is but little paper 68S. C..J.& J... *34 i *34
*33
103
"102Y 102*
94% Jan. 14 .03 June 11
68 Mo. long bonds *102% *102% *102%
offering, and the demand is much ahead of the supply.
*118% 111% Jan. 18 117% Mav 17
N.Y. C.
1st7s *117
*117%
IX

dealings in State bonds, the

....

The last

weekly statement of the New York City Clearing

House Banks, issued June 5, showed an increase of $2,407,050 in
the excess above their 25 per cent, legal reserve, the whole of
such excess being $10,338,525, against $16,931,475, the previous
week.
The following table shows the changes from the previous week
and a comparison with 1874 and 1873:
1875.

,

June 5.
June 12.
Differences.
Loans anadis. $281,401,200 $277,837,800 Dec. $3,561,400

in,655.200

Specie

19.790.800

Circulation....

10.808 200 Inc.

19.666.600 Dec.

153.000

1874.
June 13.

1873.
June 14.

105

-

Un Par... 1st 6s... los*
do
L’d GrM 7s *97%
do
S. F. 8s.. *92%
ttrle 1st M. 7s
*101
N. J.Cen.lst 7s.. *H0%
Ft Wayne 1st 7s. *112%
Rock Tsld 1st 7s... 110%
C. &N.W.gold7s
81%

105'
10<%
*97%
92

*1H%
105% "105%
104% 101%

105(4
101%
9-1

93
10.% *101
112 *111%

99
*

94%

10 4 £

9»

93%

105%

101 * *; 02 %

93%
*102%

112% ‘112

*112% *112% H2% *112% *112%
110

*75

110

79%

110

80%

110

80%

*109%
*60%

91% Jan.

6 105%
6 lo4%
(• 100%
80% Jim. 5 "4%
10'
May 29 10 %
1 '7% Feb.
l 115
,106% Jan. 71112%
5 lll%
105
Jan.
.51 87%
90
90

Jan.
Jan.

June
June
Mch.
June
May
Anr.

!S
17
8

17

6

9

June 16
June 5

May 10

•Thlslsthepricebld. nosaZ^was madeatthe Board.

$281,212,800 $277,714,400

21,(121.000

26,967.600

26,671.800

21.402.700

255.400 232.722,400

218,171.100

124,200

....*118%

&H.

C.Pac.,gold 6s...

Railroad and Miscellaneous Stocks.—The stock market

been feverish and irregular, with a tendency to weakness
yesterday and to day. Considerable strength was shown in the
United States
Ronds.—The demand for Government bonds early part of the tteek and an advance of some importance made
on Tuesday and Wednesday, but most of this was subsequently
has continued active, and the volume, of business has been
lost, and on some stocks the lowest prices of the week have since
decidedly large. In addition to a continued steady demand from been
made; Lake Shore touched 59 to-day, Erie 14|, Wabash
home purchasers, there has been a considerable inquiry for bonds
One report had it that Commodore Vanderbilt
C. C. & I. C. 3.
from abroad, and it is estimated that lrom one to two millions
sold to-day 15,000 shares of Lake Shore, but this was merely
have been taken for the foreign markets.
The largest single rumor. It
appears that the decline in Northwest last week was
transaction was the purchase by S'ate Comptroller Hopkins of
in. consequence of a
$2,300,000 bonds, chiefly registered 6’s of 18S1 and new fives, issue more common reported authority given to the directors to
stock, but this was based only on a resolution
for the State Bounty L >an Sinking Fund.
Prices close at a frac¬
passed by the stockholders at the late annual meeting, and
tional advance on last week.
authorizing the directors in their discretion to issue common stock
Closing prices dailv have been as follows :
June June June June June June for the purchase of connecting roads, provided such issues could
Int. period.
12.
14.
15.
16.
17.
18.
legally be made. At the annual election of St. Paul the Mitchell
6a,1881
reg..Jan. & July. 121 *120% 120% 121
121 *121
Board was successful.
Union Pacific was strong early in the week
6s, 1881
coup.. Jan. & July. *125% *125% 126
*126
126% *126% on a
reported arrangement for through traffic from St. Louis over
6a, 5-20’a, 1862
reg. .May & Nov. *118
*118 *113 *118
119 *118
the St. Louis Kansas City & Northern, and the Kansas Pacific.
6a, 5 20’a, 1862.... coup..May & Nov. *118% 118% 118% *118% *118% *118%
6a. 5-20’a, 1864
reg..May & Nov. *118% 118% 118% *118% *118% 119% Foreclosure suits have been commenced against Erie, in which
6a, 5-20’a, 1864
coup.. May & Nov. *118% *118% 119
119
119% 119% Mr. Jewett has been appointed Receiver.
Wabash and C. C. & I.
reg. May & Nov. *120% *120% 121% *121% 12%% *121%
6a, 5-20’a, 1865
6a, 5-20’s, 1865
coup..May & Nov. *122% *122% *122% *122% *122% 122% C. have been particularly weak, apparently on the less favorable
6a, 5 20’s,1865, n. i., reg..Jan. & July *120% *120% *120% *120% *120% *120% prospect of any release from the consequences of their default on

Net

deposits..

233,424,100 233.168.700 Dec.

Level tenders.

64.632.300

66.822.500 Inc.

2,190.200

60,951.000

has

48,397.000

•

6s, 5-20’a,1865 n.i,coup..Jan. & July.

reg..Jan. & July.
5-20’s, 1867....coup..Jan. & July.
5-20'a, 1868
reg.. Jan. & July.
5-20’a, 1868
coup Jan. & July.
reg. Mar. & Sept.
10 40'a
coup..Mar. & Sept.
10-40'g
funded. 1881
reg ..Quarterly.

6s, 5-20’a, 1867

6a,
6a,

6a,
,5s,
5a,

5a,

6a,Currency
*

124%
117%
119%
117%
118% *118
..coup
Quarterly. 118
reg.. Jan. <fe July. *122% 122% *122%
.

5a, funded, 1881,

This is the price




123% 123% 124
120% 12
*121
125% 125% 125
*120% *120% *120%

bid

; no

124% *12i%
117% *117%
*119 *119
117% 117%

8aU was made at the Board.

124
*121
125%
*121%

124% 124%
*121%
125% 125%
*121% *121%

*121

124% *124%
118
118%
119% 119%
117% 118
11S%

118%

125%
118%
119%

*117%

118%

*122% *122% 122%

bonds.
The principal event of general importance was the
of the railroad war, but its immediate effect had been

settlement

discounted
on the market so that the effect on
prices was not marked : the
settlement, however, is cause for general congratulation. At the
close the tone was dull and steady at prices somewhat above the
lowest of the day.
c
.
For the purpose of showing the total transactions of the week
in the leading stocks, we have compiled the table following:
,

June 1

«-

,

587

THE CHRONICLE.

*

and the financial troubles in London the price reached 117J
yesterday and to day as the highest point of the week, and dosed
85,700
June 12
at that figure.
14
63,200
15
The total shipments of specie thus far this week have been
21,4 10
16
20,900
46,900
about $3,400,000, all of which was gold coin except about
8 500
17
12,600 109,200
49,100
8,103
5,7o0
7,9»0
4,100
$300,000 ; engagements for to morrow are reported at $2,500,000.
3.100
18
3,600
155,700
8,400
40,000
7,903 43,5 0
On gold loans the rates hive been moderate either way until
Total
482.100 167.700 65,500 71,300 73,400
26,300 13 500
to-day, when, after ruling at easy rates in the early part, there
Whole stock. ..200,000 494,665 337,856 149 930 780,000 367,450 200,000 150,000
was
a sharp
advance towards tiie close, and 1-64 to 1-32 per
T’lie last line in the preceding table shows the total number of
was paid for use.
day
shares of each of the stocks, now outstanding, so that it may be
At the Treasury sale of $500,000 gold on Thursday the total bids
seen at a glance what proportiou of the whole stock has been
were $1,195,000.
Customs receipts of the week were $1,714,000.
turned over in the week.
The following table will show the course of
gold and
The daily highest and lowest prices have been as follows:
operations of the Gold Exchange Bank each day of the past
Saturday, Monday, Tuesday. Wednesday, Thursday, Friday,
..

“

..

“

..

Union Ohio &
West’n Chic. &
Union. N’west. Erie. Pacific. Miss. Wab.
300
8.200
23,100 16.900 10,600 13 909
14.100 17,100
2,500
7,403 15,2'X)
21 500
2,400
1,000
8,400
3,800 14,400
1.900 13/ 00
19.900
3,400
7,300
1,5U0

Lake
Shore.

Pacific
Mail.
14.900
29.200
12.700

■

“

..

“

....

..

“

51
7
June 14.

104%

»1?4

Harlem

Lake Shore....
Wabash
Horthwest

63^

9%
9%
35^ 3*%
do
pref. 47% 51
Rock Island... 102
10331
St. Paul
28% 30%
uo
nrei.... 51)* 54
At.& Pac.,pref. .. .
Ohio & Miss...
23%
Centra) ot N.J. 109

Del., L. & Wesl*il<%
Han. & St. Jos. *21
Union Pacific..
71%
Col.Cliic.&l.C. *....
Panama
*127
West, Un. Tel. 74%
At & Pae. Tel.
23%

Quicksilver.... 16
do
pref. V0
3 %
Pacific Mail....

Adams Exp... 100%
American Ex.. 62%
44
80

United States..
Welle, Fargo..
,

103% 104%

‘134
16%
17%
65

!'■%

Brie

June 15.

103^ 104

June 12.

M.Y.Cen.&H.R.

,63%

36%
48%

«4%

9

9

9%
37%

49%

102

..

23%

110

24”

110

22* *

4%

75%
17
22

...

..

1

31%
53% 54
14% 14%
22% 23
*
110%
113% 113%
21% 2 %
73% 74%
3
4%

17
22

17
22
32
ItO

33%
0*

:3%

110

...

22

7)%
4%

130

71% 75%
22% 23
15% 15%

71% 75%
23%
16% 16%

23

*20

•80

....

33%
32% 32%
100% *U0% 10'%

31%

.

61

*

61
16

31

1:8% 118%

75% 75%
23% 2>%

23%

61%
6%
7%
35% 36%
49% 49%

32%
55%
14%

73%
*4%

*4V%

*80%

6!

....

45% 46

*94
60
46

81

32%
100%

*81

....

61

81

6:i
46

....

Jan.

1,1875, to date

Lowest,

r

N. Y. Cen. «fc Hud. R...1P0

,

Highest.

i

was as follows
-Whole year 1874.
Lowest.
Highest.

May 28 107% May

8 95% May 19 105% Mch.
127% Jan 12T<8 Apr. 27 118% Jan. 7 134% Feb.
14% June 1st 35% Mch. 29 26 Dec. 10 51% Jan.
57
June lj 80% Jan.
2 67% June 19 M% Jan.
0% June 16 21% Jan. 2 18% Dec. 29 55% Jan.
35% June 12 48% Jan. 4 34% July 15 62% Jan.
do
pref
47% June 12 02% dan. 2; 51
Sept. 10 78% Feb.
Rock Island
100% May 2.6 100% Mch. 27 92% June 19 109% Feb.
8i. Paul
28% June 12j 40% Apr. 9 31% May 18 49% Jan.
do
pref
Mch. li 59% Apr. 10 4S~ May 5 74% Feb.
51
Atlantic & Pacific pref. 12% Feb. 2hj 18
Apr. 30 10% Sept. 3 22 Feb.
Ohio & Mississippi
21 May 2! 32% Jan. 2 21% .luue 17 36 Jan.
Ceutral of New Jersey .105% Jan. 5:12«>
Apr. 27 98 Jan. 3 109% Feb.
Del., Lack. & Western.luo% Jan. 2 133 Apr. 27 99 Jan. 2 112% Feb.
Hannibal & St. Jo
18% Ian. 22 30% Mch. 29 22% Sept. 7 34% Jan.
June 17 38% Mch.
Union Pacific.
36 7Jm. 18 79% June i 23
8
Ju e 1*1 9% Jan. 14
Col., Chic, & I. C
3
Sept. 3| 32% Mch.
Panama
11('% Jan 211172 Apr. 26 101 Apr. 20 1 !8" Jan.
Western Union Tel
70% Feb. 17' 8 '% May 3 68 Apr. 24: 83% Dec.
Atlantic & Pacific Tel.. 19
Jan
fi 29% Jan. 15 14
Aug. 25 20 Nov
Quicksilver
13 May 14 35 Jan. 6 22% Apr. 28 36% Nov.
Harlem
Erie
LakeShore
Wabash
Northwest

...

.

.

.

pref
21
Jan. 7
June 4 44
Pacific Mail
30% Feb. 10 45% Apr. 3
Adtms Express
98 Jan. 2|10»%Mch. 23
American Express
60 June ISj 65 Jan. 15
United States Express. 42
June 5 65 Jan. 11
Wells, Fargo & Co
75 June 71 92% Apr. 30
Railroad Earning*.—The latest
do

29

June 29

48

33% Dec. 21

11
18
15

10
12
30

30

9
10
7

24

51% Sept. 30
9

Nov. 30

earnings obtainable, and

are as follows :
Latest earnings reported.Jan.l to latest date.
1875.
1874.
1875.
1874.

Atch.. Top. & S. Fe. Month of Apr. $112,474
$114,245
Central Pacific.
Month of May. 1,797,000 1,311,699
41 646
C' ic., Danv. <fc Vi1 c. Month of May.
55,182
Cin. Lafay. & Chic.. 1st. week of June.
7,976
9,716
8,157
Denver & R. Grande. 1st week of June,
8,317
Illinois Central
Month of May.
584.7M
621,013
of Apr
100,767
140,334
Indianap. Bl. & W... Month
144,872
Indianap. Cin & Laf. Month of May.
138,327
InternT *feGt. North. Month of May.
80,858
73,587
Kansas Pacific.:
Month of May.
316,617
289,706
.

..

374,490
200,339
109,711
310,903

Michigan Central. ...3 weeks of Apr.

-

Mo. Kansas & Tex... Month of Apr.
Mobile & Ohio
Mouth of- Apr.
Onio & Mississippi.. Month of Mch.
St. L. Alton &T. H.. 1st week of June.
13,443
do
branches. 1st week of June.
7,700
St. L. I. Mt.& South 1st week of June.
72,583
St. L. «fc Southeast-. Month of May.
73,724
St. Paul & S. City,&e. Month of Mch.
42,551
Union Pacific
Month of May. 1,214,668
.

$363,595

$371,223

6.136,000
283.644

4,957.348
244,577

162,071
146,473
2,767,360

196,128
139,015
2,871.439

418.883
673.603
505,9 >6

572,619
728,75.4

422,721
208,361
134,954

2,229.143

830,751
592,865
803.777
408,621
249.181

967.866
847,197
814.048
509.402
211.801

22,370

9,265
57,666

496,096
1,203,342

1,171,622
1,928.226

304,842

88.558

1,422,491
414.182

51,660

10t,494

1,236.568
501.811

140.20fi
910,065 4,424,683 3,660,7.%
The earnings and expenses of the Union Pacific Railroad for

the month oi

office,

April, 1875 and 1874,

as

reported from the auditor’s

were:
Gross
can ings.

Operating

of expenses.

$530,340 23

$565,474 11

48-30

831 954 52

453,366 27

381.588 25

54 29

$260,859 32

Inc
Dec

expenses.

Net
earnincs.

$1,095,814 34

1875..
1874.

$76,973 96

$183,685 86

Percentage

January 1 to April 30, 1875 and 1874,
,

1875
1874

Inc
Dec

Gross
earnings.
$3,210,014 71
2,750,686 16

$459,328 55

Operating
expen es.

$1,574,589 48
1,555.361 58

$19,227 90

as

follows:

Net

Percentage

earnings,
of
$1,6:\5.425 23
1,195.384 58

expenses.

49*05
56‘65

$440,100 65

of

earnings and expenses for April
nearly two weeks in which the trans¬
portation of through trains wa„ i: u-rrupted by the severe freshets
west oi the Rocky Mountains, while the expense account includes
the cost of transfers and repairs of track resulting from the
freshets.
The

Gold

Market..—Gold

little

easier at

the




116% 116%
116% 116%
116% 116%

117
117
117% 117%
117% 117%

Total

Balances.

,

Clearings.

>

Currency

Gold.

$30,542,000 $1,101,348 $1,330,193
31,202.000 1,734,238 2.030,302
32.224,000 1,212,243 1,421,301
35.237.000
1.703,782 1,994,600
37,770,000 1,134,940 1,344,663
45,723,000 1,616,365 2,033,103

$

$212,698 000
219,445,000

2,093,659

$
2,451.284

Exchange,—There has been very little movement
Exchange, and rates have been maintained at the advanced

The demand for remittances has been
prices of last week.
largely supplied by the shipments of specie, together with
the export of some U. S. bonds, and the volume ot transactions
in bills has consequently been modeiat \ The financial difficulties
in London have not materially affected our market—oue house
only, Messrs. Robert Benson & Co., having correspondents here
had

bills

drawn

on

them, and in their c>Se notice was

promptly given by the New York house ihat all such bills would
be protected by themselves.
To day there was a little more
demand for short bills and cable transfers, but late in the day,
on the advance of rates for
gold loans, 00 day bills were weaker
and prime could be bought at 4.87.

House
Receipts.
$197,000
416.000

267,01'0
291,000
327.000

216,000
$1,714,000

Total

York

-Payments.-

-Receipts

Balance, June 11
Balance. June IS

City

Hub

Sub-Treasury.

Custom

Gold.

$386,556
2,42 i,694
1,096,058
581,010
1,343,256
667,307

Gold.

Cnrrencv.

68

55
82
!4

7C

62

Currency.

$6«8 20". 20 $1,765,557 68
761 619 72
1,483.759 23
258.794 35
1,03').316 2y
1,475,153 38 2.603.021 96
195,473 00
1,59 *,754 70
2,176,445 54
798,957 89

6,501.839 71 7.737,527 83 7,105,564 11
46,6-3.201 30 47,758 043 74
46,079 476 96 50,030,525 56
Rank*.—The

$774,543 65
749 53'! 40
7! 8 469 31

1,479,4 47 98
813,130 80

924,123 87

5,459,246 01

toliowing statement show*

the condition of the Associated Banks of New York City for the
week ending at the commencement of business on June 12,1875:
-AVEBAQK

3,000,000
2,000,000
1,500,000

Merchants’
Mechanics’
Union
America
Phoenix

3,000,000
1,S00,000
1,009,000

City

Tradesmen’s
Fulton
Chemical
Merchants’ Exch’ge.

Gallatin, National..
Butchers’&Drovers’
Meehanics&TraderB
Greenwich
Leather Manuf
Seventh Ward
State of N. York..
American Exch’ge.
Commerce

Broadway

Republic...
Chatham

People’s

North America
Hanover

Irving

Metropolitan
Citizens
Nassau....
Market
St. Nicholas
Shoe and Leather..
Corn Exchange

Continental
Oriental

300.000

1,000.000
1,500,000
800,000
600,000
200,000
600,000
300,000
2,000,000
5,000,000

10,000,000
1,000,000

1.000,000
5! 0,000
1,000,100
600,000

1,1)00,000
1,000,000
1,000,000
1,000.000
l,o00,00C
1,500,000
300,000
400.000

,

Bank’gAsso.

Grocers’
North River
East River
Manufact’rs’& Mer.
Fourth National....
Central National...
Second National....
Ninth National.
First National
Third National
N.Y.National Exch.
Tenth National
Bowery National...
New York Co. Nat.
German American.

Total

1,000.000
600,000

1,000,000
422,700
2,000,000
450,000
412,500
1.000,000

Mercantile
Pacific

Dry Goods

Net

Capital. Discounts- Specie.
Deposits
$3,000,00''
$9,852,5'. 0 $1,693,600 $1.134,a0 $8,-98.400
5.919.000
227, 00
1,332.600
5.260.600
2,050,001

New Tork
Manhattan Co

Marine

OF-

Legal
Tenders.

Banks.

Park
Mech.

AMOUNT

Loans and

1,500,000
2,000,000
500,000
300,000
100,000
350,000
300.000
5,000,000
2,000,00C
300,000
1,500, ICC
50C,( 00
1,000,000
500,000
1,000,000
250,000
200,000
1,000,000
1,000.000

9,'.10,000
6,812,40 i
4.718,500
r,S3- ,3'JU

817.600
223,400
131.500
641,700

3.325.800

203,200
815,900
180,' 00

5,1 7,500
3.573.100
1.696.300
8.460.100
3.365.700
4,016.700

2,423,000
1.324.100

1,013 200
3,341 ,200
1,088.800

2,733,' 00

1,073.300
1.: 20.900

2.886,100
719.200
2.203.UUO
.*2.900

160,800
314,000
14,000
21",300
97,OoC
22.U00

466.300
2,7)3,400
584.400
163.200
3a9,0l)0
351',200
113.700
831.200
215.200

4.956.900

163.600
24,800
327,100

1,768,COO

12.950,100

4 i2,000

2.9"! ,l 00

18,397,400
5.510.300

335,' 00
87.700
76,>00
7,300
654,000
45,900

5,2'3.900

400

85..-00

63,:oo
46.600

370,000
652.100
528,000

3,96 '^CO
1.902.800
5.268.800
5,243, *00
1.368.300
2.643.300
3,"0',6oO

2,352,010
U,)93,000
1.537.700
2.241.900
2.63".600
2,4r>9,500
3.928.300
2.967.300

4,2O6,6U0
1,551,000
2.314.600
;5,53\200
15.327.600

678.800
83 ,500
82V*00
671.400
959,"00

4.1'00
6)0.500.

2,406,000

32.700

4'>7,600
158.200
680.400
598.800

22.600

68.700
46,1(0
78.200

1,081,300

60.200

422,000
765,000

4.700

198.800

45,900

1.205.300
7)0,300

1,058.100

606.000

98,000
95,000
12",700
26,200
9,800

18,100

1,006,6(X)
731,300

19,377,2(10
6,867,000
1,952,000
6,478,000

5,183,400
8,970,800

Circula¬
tion.

$8,600
9.70C
561.600
486.800
270,000

1,200
397,5 00
705.600

8.306.400
2.630.400
1,9 6 500
1,684,000
1,207,31)0
937,400

8,085,900
928.000

4.316.300
9,941,000
8,841,100
2/57,600
3.417.800
2,05,900
3.479.800
3,40 ,94 0
1,0)7,900
2.206.200
2.817.800
2.2 8.000

8,247.000
1.714.600
2,039,100
1.847.400
1.181.500
8,083.300
1,625,000
3,3(8,300

1.152.500
2,349,000
17,893,000
17.384.700
956.000

5,000

1,972.000

91.700

1,507,500

422.800
470,300
197.t 00

183.900
2,700
227.800
163,000
372.600

682,OUO

1,985,100
847,400
416,100

S5S,io0
271.900
5,500
287.600
144 7JO

285,800
13(1.700
3.900
225,000
728,500
795,000
4.900
588.20)0
4.000

244,000
470,000
296,900

59*,800

16,100
2.200
202.500

124.100
179,',00
130,600
191.300
4.615,700
459.000

5,187, "00
4,251,400
1.381.300

467,300
418,7(0
4,900

569.100
1.333,360
219.300

2.075,300

26.800

331.800

1,238.000

2,500

3.2)7,300

141,900
23,300

1.253,000

2.245.900

8.340.500
4,-.67.500
8.426.200
7.160.700
2,556,: (0
5,561/00
2,133,( 00
1.311.800

235.500

■

219,000
293, (TO

1,322,900
818,'.00

815.900
628.000

655.100

15.851.300
6,275.000
1,907,000
6.117.600
5.720.800

5.690.800

191,900

2,113,i 00

1,372,(00
1S5,0(0

494,500
45,000
49.400

885.100
955,700
855.300

268.600

1,057,000
8.929.500
1.818.400

180,000

889,000
217.000

1 233.163.700 $19,666,600
the previous ■week are as

$31,435,200 *277,837.80J *10.808,200 $ 66,822,500

The deviations from the returns of
follows:

opening
week, and sold down to 116J on Monday, partly in con¬
sequence of sales on the short side.
Since then the "price has Loans
Specie
been stronger, and with *the continued large exports of; specie l^gal Tenders

of the

was a

inar.

Foreign

in

...

7-60

The above statement
embraces the period of

..

Importers’* Trad’rs
5 99

And from

12....116% 116%
116 y2
116%
116%
117%
18 ...117% 117%
14.... 116%
15
.116%
16 ...116%
17.. ..117%

10

Nov. 27

* Feb.

est.

est.

Current week
116% 116% 117% 117%
Previous week
117% 116% 117% 116%
Jan. 1.1875, to date... 112% 111% 117% 117%

June 12

92% Jan. 13 120 Nov. 13
58% Jan. 2 65% Dec. 1

60 Sept. 28 73
69% Jan. 51 84

ing.

file oransactioas tor die week at the Custom House and
Treasury have been as follows:

the totals from Jan. 1 to latest dates,
Koads.

,

Saturday, June
Monday,
“
Tuesday,
“
Wednesday, “
“
Thursday,
Friday,
“

who

nale was made at the Board.

from Jan. 1,1874, to ibis dare,
<

,
Quotations.
Open- Low- High- Clos¬

15%

31%
*54%
14%
22%

13)

•121

14%

59

101% 101%

22

:

136

101% 1(2%

71%
4%

week

101% 101%

16% 16%
61% 64%
7%
6%
36% 37%
50
50‘/4

110

74

June 18.

June 17.
102
102%
131 % 135%

9

*21%

75%
4%

•It*

f

37%
50%

50%
108% 102%
32% 34*
55
55%

117% *1’7%

•

: no

7*
37%

37% 33
48% 50%
102% H 2%
30% 32%
55
55%
15% 15%
23% 24
107
109%

102%
29% 80%
53% 54
14% 14%
24 k
23% 23%
109
io:% 103%
117% 117% 117%
23 * *21% 22
73%
73% 74%
74%
4%
4%
*4%
*125
131% *127
74%
14%
74%
24
24
23%
16
16% )0y* *15^
'20
22
*20%
3J% 33%
32%
33%
100% 10o% 100% too
*x59 ‘1
61
63
44% 44% *45%
41%
80
80% 81% *80%

The entire range
,

102% 102%
135
*135
135
135%
16% 17
16% 17
61% 64%
63% 64%

17

Tuis is the nrice bid and asked

June 14.

Net Deposits.
153,000 Circulation
2,190,200

Dec. f3.563.400 j

Inc.
Inc.

Dec.

Dec.

124,WJ

Capital.

Banks.

$750,000
1,500,000
2,000,000

Boston

1,000.000
700,000
200,000
500,000
1,000,000

Boylston
Broadway
Central
Columbian
Continental
Eliot
Everett
Fanenll Hall

$1,521,400
3.084,100
4,579,300
2.2:9,100

Massachusetts
Maverick

Merchants
Mount Vernon

1,000.000

state
Baffolk
Traders
Tremont

2,000,000
1.500,000
600,000
2,000.000
7 5 0,000

Washington

First
Second (Granite)...
Third
Bank of Commerce*
Bank o f N. America
B’k of Redemption.
Bank of Republic...

26.300

300,000

1,0 0 0,000

1,000,000
1,500,000
500,000

1,000,000
1,000,000

200,000
1,000,000

1,500,000

292/00

24.400

29/366
2,700
1.300
63.500
15.500
4,£00

711.600

926.300
,<00'

851

9.1.900

The deviations from last week’s returns are
Loans
Increase. $853,500 | Deposits
i?oecle
Decrease. 1‘2»,4(!0 I Circulation
Increase.

following

Date.

are

May 10

May 17
May 24
May 31

•Line 7
June 14

as

Philadelphia

7,996,600
7,835,100
8.025.800
8,192,800
0,394,500
8.755,900

723,800
817.100
725,03 0

$5,325,000
4.960,000
6.099,700
2,537,000
2,139.300
2,721.000
1.509,075
1,001/1)
1.247,065
2,831,245
2,477.0(0
763.834
4,046.000

500,000
400,000

Manufacturers’.... 1,000,000

Bank of Commerce

250,000

glrard

1,000.000

Tradesmen’s

200,000

58.6:5.500
53.235.800
52,5^9,600
51,790.200
53.912.500
53.464.500

tlie

city

Commonwealth....
Corn Exchange...,

Loans

following

*

77.3/89

292,000
1,030.000
483,000
102,000

901,000

tfft

$144.3 S

a

$15,815,261

186,355

17,222,350

141.270

1 7.813.861

61,192.360
62,055.068

133.454

18.009,311
16,915.349
15,315,261

62,021,562

213,000

23S 500

1,153,000
4,079,000

3)5.000
750,000
256.4(6

953.704
496,500
308,000

135,000

218.350
226.350
474/100
790.000

4,827,000
1,088.000
407,000

130,000

$51,645,412 $10,265,154

Dec.

17,244

Deposits. Circulation
51.677/*.3
11,259.175
51,975,2:40
11.296,367
5 U50.52.8
11.22 ..859
53 0:3.166
10,958,763
52/59,702
10,9S2,39s
51,515.412
10,985,154

auomupis 111 MISHIN, PHILADELPHIA A\1) OTHER CITIES.
SECURITIK I.

Bid. &ek.

Vermont & Maas., 1st M

Maine 6s
New Hampshire,6s
Vermont 6s

Massachusetts 6s, Gold
do
5s, Gold
Boston 6s, Currency
do
5s, go Id
Chicago Sewerage 7s
do

Municipal 7s

Portland 6s

103 V.

do

j
j

!

! 102 w

i 102V

Rutland, new 7s
;
Verm’tCen.,lst M.,cons.,7,’86i 16
do

-a*

2d

Mort.,7,1891

Verownt & Can., new, 8s......




138* 139
69

C9

70
i

119*

j Cin., Sandusky & Clev.stock.
j Concord

[Connecticut River
Connecticut & Passumpsic, pf.
[Eastern (Maas.)

12*; 12*
••**

1

6ijd

(New Hampshire)....
123 ‘
Fitchburg

Eastern

Manchester & Lawrence

100*
95
91

]Nashua & Lowell....
Northern ot New

Hampshire..
| Norwich * W orcester
rygdens. & L. Champlain
[
do
do
pret..,
■

135

lOu*
93

Old Colony

Port., Saco & Portsmouth
109

Rutland common
do
preferred
Vermont & Canada
Vermont A Massachusetts

Worcester & Nashua

62"

1129”

133

...

;

...

■

funded debt 7s

Ogdensburg & Lake Oh. 6s
Old Col. A Newport Bds, 7, ’77.

& Albany stock
& Lowell stock
& Maine
& Providence

i

151)6 155
Burlington & Mo. in Nebraska 41 ! 42*
'Cheshire preferred
| 67
113
[Chicago, 13ur. & Quincy
113*

equipment 10a.

do

3oston
Boston
Boston
Boston

ns*

Atch. <fc Topeka 1st m. 7s
j
do
land gt. 78.... |
do
2d 7s
do
land Inc. 12s..'
Boston & AUmny 7s
i
Boston & Maine 7s
j
Burlington & Mo. Neb. 8s. 1894 U'O i
do
do Neb. 8s, 1883. 94
I
Eastern Maas.. 7s
90}*;
Ind. Cin. & Laf. 7s, 1869

6,’83.

STOCKS.

!

!

Bid. Ask

SECURITIES.

BOSTON.

.’

42
6
14

6U%
513)
54*
55 %

Nesquehonlng Valley

Pennsylvania
Philadelphia & Erie
Philadelphia & Reading
Philadelphia & Trenton
Phlia., wilming.& Baltimore.
United N. J. Companies
West Chester consol, pref
West Jersey

93*
30*
52

9%
50*
2o*
53*

10

50*
29*
51*

131*

Lehigh Navigation

96
131
36

....

....| 84
115* 115*
..4 ;109

i4*i U"

•10

•

46

94*; 95

115

|

....

50*

51

Morris

1128

pref

do

7*
14*

Schuylkill Navigation

pref.

do

Allegheny Val. 7 3-10s, 1896

....

7s E. Ext..1910
Inc. 7s end.*94..

do
do

Belvidere Delaware.1st m,5,’77
do
do
2d M. 6s,’85
do
do
3d M. 6s,’8r
Camden & Amboy. 6s, ’83....
Jo
do
68, ’89
do
do mort. 6s,’89..
Cam. & Atlan. 1st m, 7s, g. 1908
do
2d do 7s, 1830...
Cam. & Burlington Co. 6s, ’97.
Catawissa, new 7s, 1900

Cayuga Lake 1st m. g. 7?, 1901

96
86
50
95
92
91

15

96*
87*
51

101
98

100

103* 104
no

103*
93*
105*

94*

70

96* 97
Connecting 6s 1900-1904
Chartiers 7s. 1901
Dan., H. & Wilkes, 1st m.,7i?/S7
Delaware more. 6s, various.... 102
105*
East Penn. 1st mort.7s,’88
El. & W’mspoi t, 1st m, 7b. ’SO. hS
(4
do
do. Ss.pcrp
Harrisburg 1st mort.'6s,’83.... 102
104
H.& B. T. 1st mort. 7s,’90
do
2d mort. 7s, ’75.... 102*
3d m. cons. 7s, ’S5. 58
do
',03
Ithaca & Athens g. 7s. ’90
102
Junction 1st mort. 6s, ’65
93
do
do
2d
1900...
1(3
103*
Lehigh Valley, 6s, 1898
do
do
do
reg, 1898 104*
LOS*
do
do
do
7s, 1910
do
do
con. m. 68,1923 28* 98*
do
do reg 1923
do
Little Schuylkil List M., 7,1877. ioi*
Northorn Central, 21 m.,6s,’85

Northern Pacific 7 3-10s. 19(0..! ux
104
North Penn. 1st m, 6s, ’85
j-,..,
do
2dm. 78,’96
do
chattel M. 10s
]tw*
do
gen. M. 78, 1903.. l£6*
Oil Creek & Ale. R.,ecn.7s/88 50
Oil Creek 1st m. 7s, ’82
j ,*•},
Penn* N.Y.C.&R R 78/96-1906.

15

!l&* 107*

Pennsylvania, 1st M.,6,1880...

Philadelphia & Reading 6s, ’80

l33

do
do
7s,’9:
do
' deb.bonds,'9:do
g.m.7s,c. 1911
do
do reg,191’
do
new conv. 78, 1893
do Coal & I,Co m.,7s,'92-’b
Pitts., Cln. <& St. Louis 7s, ’90..
Shamokin V. & Pottsv. 7s,1901.
Steubenville & Indiana7s. ’84

l£3*

109

°i*

l°J*

lt‘* 107^

2d Mort, 1902

CANAL BONDS

95

102
Lehigh Navigation 6s.’34
do
RR, ’97.... 102 *
do
do
do
do

95
’77
conv., ’82 100
conv., g/94 105 *

10c

91)
83

P4

28"

WASHINGTON.
Co.S.bonds,7s,’75.’76,’77
Chicago Relief bon s, 1877.
Perm. Imp.,6s, g. 1391
do
7s, 1891
Wash.

Market Stock bonds. 7s. 1892
WaterStock bonds 7s,1901..
“
7s, 1903...
Fund. Loan (Cong ) 3.55s, 1924
Water Stock 6s 1869
“

“

la?4
5 year Cers.,7 3-10, 1875 —.
Ten year Bonds, 6s, 1878.....
^und. Loau (Cong ) 6 g, 1892..
Fund. Loan (Letr).( s.g, 1902..

Cero.of Slock £1828) 5s, at
“

“

IFJ*

pleat

(!843)6s, atpleaf-

Ches. & Q.st’k (’47) 6s. at p’.eas
Board of Public Works—
Cers. Gen. Imp. 8s, 1871
('o
1875
do
1876
1377
do
1878
do
do
Series,

Certificates,Sewer, 8s, 1874-77,
Water Certificates, 8s, 1877...

90*
90*

90*
90*
SO*
90*
73
94

CINCINNATI,
Cincinnati 5s
do
6s
7s
do
do
7-308

Cincinnati South’n RR. 7.80s*
Ham. Co.,Ohio 6 p.c. long bds.
do
do
7 p.c.,lto5yr8.
do
do
lg bdB,7 & i.80?

Cov.Bridge stock, prei
do
bonds, long.
Cin..Ham. & D.,lst M.,7, 80...
do
2d M.,7, *85...
do
do
3d M., 8,77...
do
Cin. &

Cin.. Ham.& Ind.7s gnnr
Cin. & Indiana, 1st M.,7
do
2d M.,7,1877..
do

Colum., & Xenia, 1st M., 7, ’90.
Dayton & Midi., 1st M.,7 81..

Dayton & Mi chigan stock

....

do
8 p c. st’k guai
Little Miami stock

LOUISVILLE.
Louisville 68, ’S2 to ’87
do
do
do
do
do

6s,’97 to’93

Watei Cs,’87 to ’89..

Water Stock 6s,'97
Wharf 6s

special tax 6s of ’89
Jeff., Mad. & I,lstM.(I&M)7, ’81
do
do

do

2d M.,7

do

1st

M..7,1906....

Loulsv. C. & Lex., 1st M.,7, ’97..
L ouls.& Fr’k., 1st M.,6,’70-’78..
do
Loulsv.Loan,6.’81.
L. * Nosh. 1st M. (m.s.) 7/77..
do Lou. Loan (m.s.16, *S6-’87
do
do
(Let). Br.) 6,’86
do IstM. (Mem. Br)7,’70-’75.
do IstM.(Leb.br.ex)7, *80-’85
do Lou.L’n(Leb.br.ex)6,’93
do Consol. 1st M.,7,1898...

Louisv., Cin. & Lex.,pref

_

92
<7
5fl

90”

do

do

common

Louisville & Nashville

UK)

69*
Pennsylvania 6s, 1910
SchuylkillNav. 1st m.6s,’97.. 96 V
do
2d m., 6s, 1907 80*
do
m. 6s, c., ’95..] £1

Susquehanna 6s, 1894

81*

Jefferson., Mad. & Ind

/UK)
97*

do
6s,imp.,’80...
do 6s, boat & car,1913
do 7s, boat & car.1915
do
scrip

Baltimore Gas, certificates...

96

gold, 97; 101* 101*

MorrlB, 1st M.,6,1876
do
2d M„ 1876
do
boat, ’85

8p, 3d, J. & J...,

MISCELLANEOUS.

75*

6s P b '96

do

do

Union HR., ist guar.. J & J..
do
Canton endorsed.

lu*j^

Wllmlng.& Read.,IstM.,7,19(H
do

,

do
(I. AC.) 1st M.,7,1886
Little Miami, 6,1883
Cin. Ham. & Dayton stock....
Columbus & Xenia stock

97

Stony CreeK, 1st m., 7s, 19(7... 102
SunburyA Erie 1st ra.7s,’77.. 103*
Sunbury & Lewiston 7s, 1890.. 20
84
Union & Titusville
Uuited N. J. cr ns. m. 6s, 91.. 93 ' 100*
Warren & F. 1st m. <s,’96.. ... 81V 84
Westchester cons. 7s,’91. ... :06V
JO
West Jersey 1st m. 6s, '96
do
do
7s, 1897.... 03
Western Penn. RR. 6s. l->93.... 60

Delaware Division 6s, ’78

Balt.& Ohio 6s, 1680, J. & J.... 103*
do
6s. )885. A. & O... 108
N.W.Va., 3d M.(guar)’65, J.&J. 101
95
Pittsb. & Ccnuellsv. 7s/98, do
Northern Central 6s, 1885. do 100
do
6s, 1900. A. AO. 94* 94*
do 6s, gold, 1900, J &J. 96*
Cen. Ohio 6* 1st M.,1890,M.&S. 97
W. Md. 6s, 1st M.,(gr)’90, J.<* J. 102
do
1st M., D90. J. & -J.. 63
do
21 M., (gu«r.) J.&J 102
75
do
2(1 M.. (pref.)
9U
do 2 ' Mjgr.by W. o.)J.&J
102
do
6s. 3u M
(guar.) J.& J
Mar. & Cin.7s,F.
A., 1892... 106* 107
do
94* 94*
2d, M. & N..

Dayton & West., 1st M., 1681.
do
1st M., 1905..
dodo
do
1st M., 6, 1905.
Tnd., Cin. & Laf., 1st M.,7

U3*
133
3'*

do

do
6s, exempt,’93,M.& S
do
1C-2* 103’
6s, 1900, J.
J
102
do
6e, 1902,
do
Norlolk Wat* r, 8s
RAILROAD STOCKS.
Par.
Balt. & Ohio—St- ck
100 176* 130
150
Wash. Branch..KO 133
do
7
do
Parkersburg Br. 5'
Northern Central
50
Western N aryland
50
Central < liio
50

do
do
2d M.,7,’84..
do
do
Sd M^, 7,'88..
do To’do dep.bds,7,’81-’94.

1$*

gen. m. 1910, coup
do
gen.m., reg., 1910
Perklomen 1st m.6s,’97
Phila. & Erie 1st m.6s,’81
do
•
2dm. 7s.’88

do

106
106
100
80
102
102
102V 103
102
1(3
165'
105

People's Gas..;

50*

■io

Dec. $1,014,290

series of weeks past:

Specie. LegaiTender.
204.51U
16.961/32

153,654
144,386

193.220
600,000
174.000
270.000
333,363

533.000
2,544,000

11.000
3)0

....

534,030

583,105
3.207,000
1/219,000
1,223,501

61.250.700

June 7
une 14

205,325

731.000
1.000,000
624,(00
458.500
419,000
199,270
216.500
165.500

1.765,000

118,000
787,000
436,000
916.000
352,000
132,000
98,000

2,000

con-

$1,000,090

564.ilO

t

107

totals for

are the

Loans.

61,925,322
61.6S8.751

May 17
May 24
May 31

r

24,794,500
24.615.300

average

Dec.
$33,596 * Deposits
9.268 | Circulation
Dec.
Dec. 1,130.085 1

Specie
Legal Tender Notes
Date.

6,000
•

2.290,000
667,000

*16.435.000 *62.021,563

May 10

815.665

656,284
478,000
150,677
820,000
438,(00
216,452

775
15.000

1.100.00c
5,130.000

275.000

750,900
Republic.. 1,000,1-00
Becurlty
250,0L0

The

1.000

28,072

593.000
572.000

Central
Bank of

Total

547,576

213,000

4,711.000
945,9-8

250,000

Eighth

365,500
72",000

2,458

25,011.900
24.997.310
24.951.300

2.52 i, 5? 1

721,000

1,776

5.014.800

$4,5! 0,000
3,763,000
5,428,300
1,931,000
1.386,60:)
2,495.000
1,5.85,718
706,507
969,610

1,709.000

3.1K0

1.490,291
818,000
2.272,000
1.593.000

500,000
1,000,000
300,000
150,000

Third
Sixth
Seventn

42,900

1,109.528

500,000

Union
First

$1,900,000
1.23) ,000

$30,000

1 /‘07.000

300,0(30
400,000
300,000

Consolidation

pref..

RAILROAD BONDS.

7*8.000

North America
Farmers and Mech. 2,000,000
Commercial
810,000
Mechanics’
800,000
Bank N. Liberties.
500,OCo
Bonthwark
250,000
Kensington
250,000
Penn
Western

follows:

381,403 1

852,500
77 *,203

Capital.
$1,500,000
1,000,000

Banns.

$21,600,500

Decrease. $452,000
Decrease.
175,200

Philadelphia Banks,—The following is

_

fiToiVlOn

a series of weekspast:
Specie. Legal Tenders. Deposits. Circulation.

180.0-24.500
129,495 700
128,432.300
12<,139,800
128 513,100
123.371.90 0

Elmira* Williamsport..;

Minehtll

6q 1890, quarterly...
5e, quarterly,
Baltimore 6s, 1834, quarterly...
do
63, 1886, J. & J
do
6* 1890, quarterly...
do
6s,Park, le>9;>, Q—M.
do
6s, 1-93. M.&S

RAILROAD BOND-.

pref

431,000

the totals for

Loans.

new

6s. exempt. 1687

do
do

Pittsburgh & Connellsville. 50

pref

do
do

CANAL STOCKS.

Total
$50,150,000 $129,371,900 $725,000 ? 8.765.900 $53,480,550
Thetotal amount “duetootherBanks/’as per statement of June 14, Is

Legal Tenders

RAILROAD 8TOCJKB.

Camden & Atlantic
do
do
pref
Catawlssa

Norristown
Northern Central
North Pennsylvania.
OilCieek & Allegheny River.

5S1.S40

107*

Harrisburg City 63

Lehigh Valley
Little Schuylkill

6)1.700
180.040

8^8.600
877.300
842.040

9) 100

107
103
105

102

Huntingdon & Broad Top ..
do
do
pref.

420.500
335.300
633.600
947,9*0

910.700
2.293.700

90,700

l',9C0

Exempts

Elmira & Williamsport
East Pennsylvania

964.700
300,000

2.364.500
598.500
1.059,200
1.745.0.40

202.200
822.000
203 200
270.500

do

New Jersey State 6s,
Camden County 6a
Camden City 7a
Delaware 6s

85

£0*
106^ 107*

5s
7s

do

107*

63*

Alleghany County 5s, coup...
Pittsburg 4s....

562.9-K1
560,000
685.-00

2,347.300

490.500
132.200
411,000,
42.800

6s, new

do

105

104
107

Philadelphia 6s, old

541.900
638 9J0
438.200
157.700

918, 00

174.500

re*

107
6e, 10-15, 2d.,..a 106
15-25.3d.. 112* 112*
do

153,5uO
607,4(jo

1.552.700

53.300
547.500

35.500
1.300
15.300

do

do

do
do

317.600
535.4H0
767,8,4(1
P54.2C0
724,3uo

7o7,0U0
851.900
710.300
1.137.400

2.563,000

Uhlon

Webster

100.300
246.500

5K.8U0
4,900
700
86.900

2 598.9CG

000,000
1,500,000
2,000,000

Security

66.5)0
164.500
89.300
249.900

12.600

1,933,200
2.139,000
4.396.300
8.589.700
4,789,800
9'". .700

1

Severe

246.100

8,2*30

175.800
734.600
644.600

do

Pennsylvania 5s, coup

1,673.6,X*

760.200
1.395.900
1.1)3,210
9*. 7.300
1.078.6U0
1/M7.300
914.500

40.200
250.300
219.200
185.900

18.400

3.373.100

Commonwealth

7''0,8U0
780.200
1,015,100
871,800
6.551.200
431.700

61.900

35.100
10.100
11.900
12.700

3.344.000

859.300

8,300
801.700

952.000

23,466

845.800
331.700
350.300
237.500
443.100
141 bUC
355.5-JC
332.6‘JO
339.200

6

121,800

84.600

1.144.900
6.003,900
2.063.600
4,639,800

2,000,000

Eagle
Exchange
Hide & Leather.*....

12',‘200
60.000
3.3'. 0

486.800

559.300

145.900
105.600
89.000
45.000

700

Ask

BALTIMORE.

•

Maryland 6s, defence, J. & J..

STATE AND CITY BONDS.

751.5.0
75S.80C
140.800

90.200
134.500
65.800

Bid

SECURITIES.

PHILADELPHIA.

149.800

733.700
819.600
711,100
1,209,5 U

177.200

l',966

167.7U0

1.294.200

83,100
150.600
54.600

4,90U

3.869.1UL'
4,199,100

1,600.000

glty

4,000

2.033.100

1,000.000

96.900
£83,300

13* 900

1,267,700
3,282.’.00

712.400
780.200
575.100
452.900

25-1.500
622.100

1.6.9,500*
2,63'.UJ0
i.LO/OO
1.659,800
2 0J5.00U
lt625.6»0
10.707,100
C59.600
2.501.700
3.0)9.910
2,070,100
2.65U.6J0
8,149.200
3,790.800
3.583,900

200,000
1,000,000
1,000,000
900,000
1,000.000

New England
North
Old Boston
Shawraut
Shoe* Leather

85.3'«

Etc.-Continued.

$438,500

712.900

1,698.700
2,432.100

1,000.000
750,000
1,000,000
500,000
800,000
800,000
400,000
3,000,000

Market

77,000

Bid. Ask

securities.

Circol.

8^,9<0

17,000

2,425.400
1.991,200
2,501,500
1,151,500
2.418,100

1,000,000
800,000

Howard
Manufacturers

112.600

506,900
1.055,500

400.000

Globe
Hamilton

1,200

1.818.900

1,000,000
1,000,000

Freeman’s

Specie. L.T.Notes. Denotits.
$451,900
$56,500
$6'*0
100
84.000
1,090.500
281.500
1.998.500
18,600

Loans.

Atlantic
Atlas...,
Blacks tone

PHILADELPHIA

BOSTON,

Boston Banks.-—-Below we
give a statement of tlie Boston
National Banks,as returned to the Clearing House on Monday,
June 14, 1875:

The

[June 19, 1876.

THE CHUONICLE.

668

82

ST. I^OIJIS.
St Louis 6s, Long Bonds.*9.8
Jo
Water 6s gold
* ltd5k
do
do (new)* 1/4*
do
do Bridge Approach g. 6s* 104*
do Renewal gold 6s
*|104*
do Sewer g. 6s (rlne’91-2-3)* 104*
St. Louis Co. new Park g. 6s...
do
c’y, 7s
At.& Pacific guar, land grants
do
2d M
*

And interest.

103

BONDS IN NEW YORK.
Bonds ana active Railroad Stocks are quoted on a previous page. Prices represent the per cent value, whatever the par may be
GENERAL QUOTATIONS

jj, S.

589

THE CHRONICLE

19, 1876.]

Juno

State Ronds.
Alabama 5s, 1883
do
5s, 1886
do
8s, 1686
do
do ‘
do
do

88,1888
8s, Mont. & Euf
88, Ala. & Chat.

do
do
do
do
do

...

••

1i

Ft. S. lss.
7s, Memphis & L. R.

17
17

7s,L.R.,P.B.&N.O.
7s,Miss. O. & R. Riv.

Kentucky 6s
Louisiana
do
do
do
do
do
do
do

,TT

17
17

6s
do new bonds
do new floating debt
7b, Penitentiary
6s, levee bonds
8s,
do
8s,
do
1875..

t

T

t

Bur., C. Rapids &

.

do

do
do
do
do
do

....

«...

36”
36
36
25
....

1876.

1879.
1880.

103
103

103k
....

Funding bonds due in 1894-5. 102*
Long bds. due '81 to ’91 incl..

103”

Asylum or Univers., due 1892.
Han. & St. Joseph, due 1875.
do
do
do 1876.
do
do
do 1886.

do
do
do 1887.
105k
New York Bounty Loan, reg.. 109
'do
do
coup,
do
6s, Canal Loan, 1375. li2"
do
6s,
do
1877 112
do
1878.
68,
do
do
6s, gold reg
1887.
do
6s, do
coup..1887.
do
6s, do
loan..1883. 120”
do
do ..1891. 113
6s, do
do
5b, do
do ..1875.
do
5s, do
do ..1876. 20'k
North Carolina 6s, old, J. * J.
A. & O.. 20 k
do
bl
N.C.RR
T.& J.
do
51
do
....A. & O..
do
38
do coup off.J. & J..
do
38
do
do off.A.&O..
do
12
do
Funding act, 1866... ii k
do
1868.
do
11
New bonds, J. & J.. 10
do
do
A.&O..
do
4
do
Special tax, Class 1.
do
Class 2.
do
8k
do
Class 3.
do

....

•

•

•

•

....

Del., Lack. & Western,

,

....

•

do
do
do

•

•

•

Erie, 1st mort.,

t

»

r

,

4k

.99

103
105
107
34

t-f

*

37

24k
34
33 k

T TT

-

32 k

33k
35k

•

•

•

50

Pekin,Lincoln & Decatur,lstm
Cin., Lafayette & Chic., 1st m.
Del. & Hudson Canal, 1st in., ’91 109k
116k
do
do
1884 109k
103k
92

109k

lis”
106k

106k
103

105

110
87
91

S. F

2d m.

120*

i6o” 103'
construction

7s of 1871....
1st con. gold

extended.

106k
102

102k

102k 106

93”
96
93

97 k

92k

bds

99

Mich. So. 7 p. c. 2d mort
Mich. S. & N. Ind., S. F., 7 p. c
Cleve. & Tol. sinking fund...
do
do new bonds

Cleve., P’vllle & Ash., old bds
do
do
new bds
49
30k
Detroit, Monroe & Tol. bonds
50k
Buffalo &
50
50k1 Buffalo & Erie, new bonds...
State Line 7s
102
Kalamazoo & W. Pigeon, 1st
Texas, 10s, of 1876
Lake Shore Div. bonds
Virginia 6s, old
37 k
do
Cons, coup., 1st.
do new bonds, 1866..
do
37 k
do
do
1867..
do
Cons, reg., 1st...
do
64k
do
Cons, coup., 2d..
do consol, bonds
do
59
do
Cons, reg., 2d....
do ex matu d coup
do
47 • 48
Marietta & Cin., l6t mort
do consol. 2d series
do
9
8*
do deferred bonds....
Mich. Cent., consol. 7s, 1902 .
do
73k 73k
do
1st m. 8s, 1882,8. f
District of Columbia 8.65s,.
...»

do

do

"k

100

105

106

107k
i03k
i04k
103

105

lu2
102
86

ICO”
95k

106

102k 103k
no

Union* Logansport7s
Union Pacific, So. branch.
Walkill Valley 1st 7s,

'

86

West

ioi*

Wisconsin 7s,

Wisconsin Valley

8s

gold

100
75
50
35

8*

92

20
95
40
60

92k

61k
55

40
71

75
81

12

17k

20

30

92k
101
90
40
75
70
60
70
45
70

6s,g

gold

40

.

*§

100

Evansville & Crawfordsv.,7s..
Erie & Pittsburg 1st 7s
do
do
2d 7s
do
do
7s, equip
Evansville, Hen. & Nasliv. 7s..

&Padu.8s,con
Evansville, T. II. & Chic. 7s, g.
Flint & Pere M. 7s, Land grant.
Fort W., Jackson & Sag. 8s

Elizabethtown

100k 102

....

100

73k iPeoria, Pekin & J. 1st mort....
Peoria & Rock I. 7s, gold
Port Huron & L. M. 7s, gld, end
do
do 7s, gold...
50*
Pullman Palace Car Co. stock.
do
bds, 8s, 4th Beries
Rockf’d, R. I. & St. L. 1st 7s, gld
82k Rome & Watertown 7s
Rondout & Oswego 7s, gold...
57
Sioux City & Pacific 6s
15
South Pacific 6s, gold
Southern Minn, construe. 8s...
do
7s..
45'
St. Jo. & C. Bl. 1st mort. 10s...
79
8 p. c.
do
do
St. Jo. & Den. C. 8s, gld, W. D.
do
do 8s, gld, E. D..
61
Sandusky, Mans. & Newark 7s.
St. Louis, Vandalia & T. H. 1st.
do
do
2d, guar.
83k St. L. & So’eastern 1st 7s, gold.
St. L. & I. Mt, (Ark. Br.) 7s, g.
110
109* Southern Central of N. Y. 7s...

96

93
90
70
45
25

Southern Securities.
mi«ccllaneaus Ll»t,
(Brokers’ Quotations.)
(Brokers' Quotations.>
CITIES.
40
72
Atchison & P. Peak, 6s, gold...
Atlanta, Ga., 7s
45
77
Atlantic & Pacific L. G. 6s, gld. 40
do
8s
40
30
83
Atchison & Nebraska, 8 p. c..
113k Augusta, Ga., 7s, bonds
H2k
54
Mo. Riv., stock.
Bur.
Charleston stock 6s
65
m. 7s.... 105
Land
do
do
Charleston. S. C..7s, F. L. bds.
110
do
2dS.,do 7s....
do
Columbia, S. C., 6s
70'
do
8dS., do 8s.... 110
do
Columbus, Ga., 7s, bonds
75
4th S., do 8s... 110
do
do
110
6s
Lynchburg
70
5thS., do 8s...
do
do
Macon 78,bonds
110
45
6th S., do 8s.
do
do
Memphis old bonds, 6s
40
Creston Branch no
do
do
do
new bonds, 6s
110
48
do Chariton Branch
do
do
end., M. & C. RR. ... 30
80
32k
Bur.,C. R. & M. (M. div.), g. 7s. 58
63
Mobile 5s,(coups, on)
35
Cairo & Fulton, 1st 7s,gold ...
do
8s,(coups, on)
75
60
California Pac. RR. 7s, gold...
70
Montgomery 8s
70*
do
6s, 2dm., g
Nashville 6s, old
50
55
Canada & Southern 1st 7s, gold
do
6s, new
108
105
83
Central Pacific 7s, gold, conv..
New Orleans 5s
51
Land grant 6s.g
do
do
consol. 6s.
27 k 32k
33
Central of Iowa 1st m. 7s, gold
do
bonds, 7s
34
do
' do- 2d in. 7s, gold
do
gold 7s, q uarterly 40
104''
Keokuk & St. Paul 8s...
do
10s
104
39
Carthage & Bur. 8s
to railroads, 6s.. 70
do
10-4
Dixon, Peoria & Han. 8s.
Norfolk 6s
104k
75
O. (). & Fox R. Valley 8s.
u* 104 k
Petersburg 6s
83
Richmond 6s
104k
86
linols Grand Trunk
40
Savannah7s,old ...
20
86
Chic., Dub. & Minn. 8s...
do
7s, new
104
Peoria & Hannibal R. 8s.. •c £
93
98' Wilmington, N. C.,6s, gold...,
Chicago* Iowa R. 8s....
do
do
8s, gold....
104
American Central 8s
RAILROADS.
95*
15
Chic. & Southwestern RR 7s.,
25
Ala. & Chatt. 1st m. 8s., end....
Chesapeake & O. 2d m. gold 7s
Ala. & Tenn. R. 1st mort. 7s...
92k 97
Col. & Hock. V. 1st 7s, 30 years
95
do
do
2d mort. 7s....
do
do
1st 7s, 10 years
90
Atlantic & Gulf, consol
do
do 2d 7s, 20 years 20
do end. Savan’h.
do
40
Chicago, C. & Dub. 8s
25
do
do stock
Chic. * Can. South. 1st in. g.7s nk 40
do
do
do guar...
33
Ch. D. & V., I. div., 1st m. g. 7s.
25
Carolina Central 1st m. 6s, g... 100
20
Chic., Danv. & Vincen’s 7s, gld 92
94
Central Georgia 1st mort. 7s... 94
Connecticut Valley 7s
do
•
consol, m. 7s. 55
65
70
Connecticut Western 1st 7s.... 25
do
stock
35
62
Chicago & Mich. Lake Shore.. 32
36
Charlotte Col. & A. 1st M. 7s...
Dan., Urb., Bl. & P. 1st m. 7s, g
do
stock
do
Des Moines & Ft. Dodge 1st 7s.
30' Charleston & Savannah 6s, end
Detroit, Hillsdale & In. RR.Ss.
100
Savannah & Char. 1st m. 7s —
Detroit & Bay City 8s guar—
70
Cheraw & Darlington 7s
67
Detroit, Eel River & Ill. 8s
70
East Tenn. & Georgia 6s
70
Det., Lans. & Lake M. 1st in. 8s
East Tenn. & Va. 6s, end. Tenn 90
do
do 2d in. 8s
35’ E. Tenn. Va. & Ga. 1st m. 7s... 48
Dutchess & Columbia 7s
do
do
stock
90
Denver Pacific 7s, gold
70' Georgia RR. 7s
75
Denver & Rio Grande 7s, gold.

102k

96

1877

Long Island RR., 1st mort
Nashville & Decatur, 1st m. 7s.
South Side, L. I., 1st m. bonds.
Western Union Tel., 1st m. 7s. 100k

Sidney & Warsaw 8s

107k

6

....

55

2d mort

ioik

Long Dock bonds
90
Buff., N. Y. & Erie, 1st m.. 1877
do
do
do large bds
107
Han. & St. Jo. land grants
32
do
8s, conv. mort..
do
Illinois Central, 7 p. c., 1875...
103k
Dubuque & Sioux City, 1st m.
107
do
do
2d div
85k
Cedar Falls & Minn., 1st mort
28
30k
Indianap., Bl. & W., 1st mort.
5
do
2d mort.. 101
do
102*'

14

*

112

7s, conv

endorsed
do
do
do ’ 2d mort., 7s, 1879
do
3d do
78,1883
4th do
7s, 1880
do
7s, 1888
do
5th do
do
7s, cons. mort. gold

....

....

do 6s,1881
do 68.1886
Rhode Island 6s
South Carolina 6s
do
Jan. & July
do
April & Oct
do
Funding act, 1866...
do
Land C, 1889, J. & J.
do
Land C, 1889, A. & O.
do
7s
of 1888.
do
nonfundable bonds.
Tennessee 6s, old
do
do ex coupon.,
do
do
do new series

do
do
do

80k

St.L.div

8s

[Oswego & Rome 7s, guar

48"

Quincy & Toledo, 1st mort. 1890
Illinois & So. Iowa, 1st mort...
Lafayette, Bl’n & Miss.. 1st m.
Han. & Central Missouri, 1st m.

102k

Morris & Essex, 1st mort.
do
do
2d mort
bonds, 1900
do
do

....

-

Ohio 6s, 1875

do

do

lstm.

do
do
do
do

Southwestern RR.

100

equipm’t bds.
35
con. convert..
Hannibal & Naples, 1st mort...
Great Western, 1st mort., 1888. 78k
2d mort., 1893.. 56
do

1st m.I.& M.D.
do
do
1st m. I. & D..
do
do
1st m. H. & D.
do
do
1st m. C. & M
do
do
1st Consol. ..
do
do
2d m.
do
do
do
Clilc. & N. Western sink. fund.
int. bonds
do
do
consol.bds 94k 95
do
do
ext’n bdB.
do
do
101 \ 102'
1st mort...
do
do
80k
cp. gld.bds 80k
do
do
reg. do
do
do
70
75'
Iowa Midland, 1st mort. 8s
107
108
Galena & Chicago Extended..
96k
Peninsula. 1st mort., conv....
93k
Chic. & Milwaukee, 1st mort.
Winona & St. Peters, 1st mort
2d mort. 1C6 108
do
do
C.,C.,C. & Inn’s, lstm.7s,
111

1875...
1877.
1878.

do
do
do
do

lis”

lstm.,LaC.D.

do

do

Belleville & S. Ill. R. 1st in. 8s.
Tol.. Peoria & Warsaw, E. D...
do
W. D..
do
do Bur. Div.
do
do 2d mort..
do
do consoles
do
Tol. & Wabash. 1st m. extend.

38
33

income
do
Joliet & Chicago, 1st mort
Louisiana & Mo.. 1st m„ guar.
St. LouU^ Jack. & Chic., 1st m.
Chic., Bur. & Q. 8 p. c. 1st m...
do
do consol, m. 7s
Chicago, Rk. Island & Pacific.
Central of N. J., 1st m., new...
do
do
1st consol....
do
do
2d mort
do
do
con.conv
Am. Dock & Improve, bonds..
Mil. & St. Paul 1st m. 8s, P. D.
7 3-10 do!
do
do
do
do
7s, gold, R. D.
do

95

102
102
1U2
102
1U2
36

65k

so”

Minn. 1st 7s, g

do

68,1883

do
do
d«
do
do

guar....

do
ex coup
do
Chicago & Alton sinking fund.
1st mort
do
do

Michigan 6s, 1878-79
do
7s, 1890
Missouri 6s, due in

265
63

Chesapeake & Ohio 6s, 1st in...

HO
I18
t-9
98
94

of 1910..

88

do

do

... 117

"War loan

do

28k

funded.

18

Railroad Bonds
(Stock Exchange Prices.)
111k
Albany & Susq., 1st bonds...
1W*
do
2d
do ...
do
do ...
do
do
3d
26”
Boston, Hartf. & Erie, 1st mort

....

7s,L. R. &

7s, Ark. Cent. R.
California 7s
do
78, large bonds
Connecticut 6s.
Georgia 6s.
do
78, new bonds
do
78, endorsed
do
7s, gold bonds
Indiana 5s
Illinois 6s, coupon, 1877
do
do
1879

Co...

Maryland Coal

Omaha &

105
Alton & T. H. 1st mort
2d mort. pref...
do
do
2d mort. income 72k
do
do

do pref

do

48” Pennsylvania Coal
Spring Mountain Coal

’la R.
R—
of 1892..

8s.

Arkansas 6s,

Cumberland Coal & Iron
Mariposa Land & Mining

Ask

Bid

SECURITIES.

Bid. Ask

SECURITIES.

Bid. Ask.

SECURITIES.

Bid. Ask.

SECURITIES.

OF STOCKS AND

Grand R. & Ind. 7s, gold, guar.
do
do 7s, plain
Grand River Valley 8s
Hous. & Texas C. 1st 7s, gold..

Indianap.* Vincen. 1st 78, guar
Iowa Falls & Sioux C. 1st 7s...

85

75
90
60
103

60
84
84
95
68

112

87k
80
70

100
83
80
85

do

stock

Greenville & Col. 7s, guar
do
do 7s, certlf....
Macon & Brunswick end. 7s...
Macon & Western stock
Macon & AuguBta bonds
do

endorsed....

ao

do
stock
do
Memphis & Charleston 1st 7s..
do
do

52
51

do
do

2d 7a...
stock .

Memphis & Little Rock lstm..
Mississippi Central 1st m. 7s...
2d m. 8s....
do
Mississippi & Tenn. 1st m.7s..

84

67
7

79’
65

80
60

do
do
consol. 8s. 80
75’ 82k
Indianapolis & St. Louis 7s
57 k 62k Montgomery & West P. 1st 8s.
Railroad Stocks.
Houston & Gt. North. 1st 7s, g.
do
do Income
65
(Active previously quoted.)
100\
is'
International (Texas) 1st g. .. 60
101
100
Mont. & Eufaula 1st 8s, g. end.
Albany & Susquehanna
ioi k
Int., H. & G. N. conv. 8s
92 k
99' 102' Mobile & Mont. 8s, gold, end.. 40
Central Pacific
took
50
101 k 102 k
Jackson, Lansing & Sag. 8s....
60
Mobile & Ohio sterling
Chicago & Alton
108 k
Jack., N. WT. & S. E.lstm. g. 7s
106
do
do
do ex certif 50
70* 80
do
do pref
98k
Kansas »Jac. 7s, extension,gold
42
U4k
do
do 8s, Interest
90
Chic., Bur. & Quincy
do
7s, land grant, gld 85
50k 52
do
do 2d mort. 8s
85
Cleve., Col., Cln. & Indianap.. 89 k 90
do
do new kid 80
7s,
do stock
do
68
70
Cleveland & Pittsburg, guar... 60
do
6s, gld, June* Dec
N. Orleans & Jacks. 2d m. 8s...
75
Dubuque & Sioux City..—
do
118k 125
6s, do Feb. & Aug 70
27
do
do certlf’s 8s..
Erie pref
do
7s, 1876, land grant 95
115k 117
27
32
70' N. Orleans & Opelous. 1st m. 8s
Hannibal & St. Joseph, pref
do
78, Leaven, br’nch
100k 101*
20* 22k Nashville* Chattanooga6s...
Illinois Central.
do
Incomes, No. 11...
lio" iiok
Norfolk & Petersburg lstm.8s
18
Harlem, 1st mort. 7s, coup
Indianap. Cln. & Lafayette—
do
do
No. 16... 15
7s
do
do
reg
do
do
18
17
Joliet & Chicago
do
Stock..
91k
do
North Missouri, 1st mort
do
2dm. 8s
90
100
Long Island
99
93
Kalamazoo & South H. 8s, guar
Ohio & MisB., consol, sink, fd
Northeastern, S. C., 1st m. 8s..
90
100
Marietta & Cln., 1st pref..
95
97
Kal., Alleghan. & G. R. 8s,guar 95
do
2dm.8s...j
do
consolidated....
do
100
do
2d pref...
75
76
Kansas City & Cameron 10s...
64” 67 ' do
do
2d do
....
50
Orange * Alexandria, lets, 6s..
Michigan Central
Kan. C., St. Jo. & C. B. 8s of ’85
99k 100
1st Spring, div.
do
do
2ds, 6s..
do
do
Morris * Essex.105*'
do
do
do 8s of ’98
do
do
3d6,8s..
Central Pacific gold bonds....
90*
Missouri, Kansas & Texas. ...
93k 93k Keokuk & Des Moines let 7s..
do San Joaquin br’nch
4ths, 8s..
do
do
New Jersey Southern
do
1st coup, Oct.,’76 72 k 75
145”
do Cal. & Oregon 1st., 94k 34k
Richm’d & Petersb’g 1st m. 7s.
N Y., New Haven & Hartford.
do
funded int.8s 92k 95
43
do
State aid bonds
25
Rich., Fre’ksb’g & Poto. 6s....
Ohio & Mississippi, pref
93”
do
pref. stock... 20
do
do conv.7s
Western Pacific bonds
60
Pacific of Missouri
104k 104* L. Out. Shore RR. 1st m. gld 7s.
99
100
Rich. & Danv. 1st consol. 6s...
Union Pacific, 1st mort. bonds
35
30
Pitts., Ft. W. & Chic., guar
99
Lake Sup. & Miss. 1st 7s, gold.
Land grants, 7s.
do
85
Southslde, Va., 1st m. 8s
do special..
do
94
Leav., Atch. & N. W. 7s, guar..
Sinking fund..
do
do
2d m., guar. 6s.
is” 22
Rensselaer & Saratoga
Leav., Law. & Gal. 1st m., 10s..
65” Ulantic & Pacific land gr. m.
do
3d 111.68
20
Rome, Watertown & Ogdens..
79
Logans., Craw. & S. W. 8s,gld.
do
4th ni. 8s.... ...
South Pacific IiR. bds. of Mo.
102'
St. Louis, Alton & T. Haute...
94k £Uk Michigan Air Line 8s
20" 24k Pacific R. of Mo., 1st mort.
40
Southwest RR. Ga , 1st m. .
do
do
do
pref
Monticello & P. Jervis 7s, gold
do
stock
do
do
IstCaron’tB. 72
27k 82k
Belleville & So. Illinois,pref..
80
80k Montclair 1st 7s, gold
20k
do
do
2d mort
Carolina RR. 1st m, 7s, new. 93
50
8t. Louis, Iron Mount. & South.
50
104
103
Mo., Kansas & Texas
gold.. 45' 60 S. do
6s.... .....
Pacific R. 7s, guarant’d by Mo.
Toledo, Peoria & Warsaw ....
Mo. It., Ft. S. & Gulf lstm. 10s.
64
do
7s
Pitts., Ft. W. & Chic., 1st mort. 112k 113k
40
Toledo, Wab.& Western, pref.
do
do
9
do 2d in. 10s.
Btock
do
do
2d mort.
do
30* 85
N. J. Midland 1st 7s, gold
83
do
do
8d mort ioi”
West Alabama 8s, guar
14
10
MlscellaneonsStocks
do
2d 7s
106
PAS l’ DUE COUPONS.
30
Cleve. & Pitts, consol, s. fund.
17
American District Telegraph..
50
N. Y. & Osw. Mid. 1st 7s, gold,
166”
Tennessee State coupons..
do
do
4tli mort
5
Boston Water Power
do
do
2d 7s, conv.
86
Col.. Chic. & Ind. C. 1st mort.. 45k
60k
(Virginia coupons
Canton Co., Baltimore
West. Extension 7s.
do
87
do
do 2d mort..
do
consol, coup
30
Cent. N. J. Land Improv. Co..
50
N. Haven, Mlddlet’n * W. 7s..
14
119k 120k"" Rome, Watert’n & Og.con. 1st 89
Delaware & Hudson Canal
91
North. Pac. 1st m. gold 7 3-10e..
St. L. & Iron Mountain, lstm..
Ann firman «;oai
Land warrants....
do
49k
24 a
47*' ’
Consolidation Coal of Md




....

....

do
equipm’t bonds..
New Jersey Southern, 1st m.7s
do
do
consoles
New York & New Haven 6s...
N. Y. Central 6s, 1883
do
6s, 1887
do
68, real estate...
do
68, subscription
do
7s, 1876
do
7s, conv., 1876...
7s, 1865-76
do
do & Hudson. 1st m., coup
do
do
lstm., reg..
Hudson R. 7s, 2d m. 8. fd. 1885.

28k

29

....

....

....

..

jMemphle City coupons

•

•

•

.

74
82
87
56
70
62
78
80
78
50
43
55
40
45
65
80
70
87
53
87
38
50
42
75
80
85
90
90
65
80

25
52
42

72
•

•••

10
80
75
102
96
57
67
85
62
50
90
75
75
92
56
93
85
55
55
67
81
88
90
15
86
70
9
65
84
70
90
61
87
60
25
47
55
54
50
47
5

98
90
85
80
96
88
82
92
85
90
82
91
7»
90
80
80
68

[June 19, 1875

THE CHRONICLE.

590

NEW YORK. LOCAL SECURITIES.
Insurance Stock List.

Bank Slock List.

(Quotations by E. S. Bailey, broker, 65 Wall street.)
Companies.

Capital.

Price.

Dividends.

Marked tints (*) are
not National.
Par Amount. Periods.

1

Net Fur
PLUS,
Jan. 1,

Capital.

^

1874

1873

Bid.

Last Paid.

Companies.

Askd

Pai Amount.
HXJ
100
mu
25
1U
25

America*
American Exchange.

Bowery
Broadway

—

.

Bull’s Head*
Butchers & Drovers
Central
Chatham
Chemical
Citizens’

..

100
25

100
25
100
100
100
100
100
100
25

City
Commerce
Continental
Corn Exchange*
Currencv

•....

Dry Goods*
East River
Eleventh Ward*
Fifth
First

25
100

8,000 000
5.000,000
250,000
1,000.000
200,000
800,000

1,000,000

100,000
1.000,000
350,000
2i0,000
r. o,ooe

30
50

Grocers*
Hanover
Harlem*
1 mporters’

600,000
i

500.000

1011
25

200,000
200.000
100,000
800,000

’ai o.ooo

25
4C

100
100

Leather Manufactrs...
Loaners’*
Manufetrers’& Build.*
Manhattan*
Manut & Merchants*.
Marine
Market.*;
Mechanics
Mech. Bkg Asso’tion..
Mechanics & Traders..
Mercantile
Merchants
Merchants' Ex

000,000

100
50

& Traders’.

Irving

1
1

100,000
50 ),' 0o
500.000

100
100
100
50
100
10)
ltK
25
50
100
50
50
100
100

Metropolitan
Murray Hill*

100

Peoples*

100
100

100
100
100
too
100
100
50
25
50
100

Tradesmen’s

25
20
100
100
100
100
100
100
100
100
ion
100
40

Union
W est Side*

50
ion

Phenix

Produce*

Republic

St. Nicholas

Seventh Ward
Second
Shoe and Leather
Sixth
State of New York
Tenth..
Third

Gas

500,00U
0,000

4

2.050,Ooo
300,000
400,000

l ,000.00c
2,000,000

500,000
600,000

25

Metropolis*
Nassau*
New York
New York County
N Y. Nat. Exchange..
N Y. Gold Exchange*
Ninth
Ninth Warn*
N ort i America*
North River*
Oriental*
Pacific*
Park

600.000

1,000.000
3.U10.0CO

14
15
9
10
8

8

1,000,000
3.000,000
200,000
500,000
500,0(>0
1,500,010
180,9(10

422.709

-

11
8
12
7
10
10
4

12
10
10
8
10
10
8
6

io
4
8
10
14
6
5
8
8
8
•

12
12
12
10
7

F.&A.
F.& A.
J. & J.
J. & J.
J. & J.
J. & J.
M.&N.
J. & J.
J. & J.
J. & J.
M.&N.
J. & J.

1,000,000
200 000

2,000,090
1,000.000
1/00.000

1,000,009
1,500/*00
200.000 [

and City R.It.

8
5
6
10
12
9
8

.

.

.

•

•

••

.

.

.

.

20

.

2, 75.. .5
July 1,74.. 4
Men. 1, *75.
Jau. \ 75..
Jan. 2. 75..
-Jan. 2 75..

10
12

.

•

.

..

......

203
...

.

......

34 Feb.12.748H
Ja .10,75.. .4
9
10

.....

....

.

.

•

-

•

liV

.

Kings Co. (B'klyn)

Knickerbocker..

‘isi"

Lafayette (B’klyn)
Lamar.. \

ioj"
•

Mech.&Trad’rs’....
.....

....

Brooklyn Gae Light Co
Citizens’Gas Co (Bkl>n
do
Harlem

25

20

100

.....

Metropolitan

lOSH

Montauk (B’klyn).
Nassau (B’klyn)..

......

154
140

Jau. 2.75-. 4
Jan. 2,75.. 5

8

10
10
8

M.y 1.75.. 5

...

,

......

99
......

.

.

Bark

,

0

5

e

■* m

'*

1

.

•

^

.

r

,

T

T

T-

146 H
137

20'
886,000
50 4,000,000
100 2/ 00,000

Jersey City & Hoboken
Manhattan

Metropolitan
ao

certitlcates
b n ,s

do
M utual, N. Y
Nassau. Brooklyn
do
New York

A. & O.
F.&A.

J.& J.
J. & J.

i

M.&S.
M. & S

500,000

J.&J.

'ioo

Westchester County

’if6

1,000.000
500,000
4,000,000

M.&N.

10

..

5 000,000

25

scrip

People’s (Brooklyn)
.do
do
bonds

1,000,000

M.& S.

300,000
466,000
53,000
21/ 00

WUliain8burg

50
geHn

1

4

Q-F.

UK
|(KM

1st

mortgage cons’d
hlghth 4flenM*»-8tock
1st mortgage
vld St. tfc Grand St Berry—stock.
1st mortgage

•

•.

100
loot
lot
1000

& J.

5
7

1

Central Crons Town—stock
1st mortgage
Sinth Avenue—stock
1st mortgage
Sei.ond Avenue—stock
1st mortgage
vo mortgage

:t(l mortgage
C.-.ns. Convertible
Bij-.ih a nenne- stock
1st mortgage
Third Arenue—stock
1st mortgage

Tu'enly-ihird Street—stock
liV>"*.ir
5

This

tr.P.

oiUiiiL fcuowB last




...

..

100
1000
50
100*
10 f
1000
1000
100

J. & J.
J. & J.
J.&D.

1

J. & .Jr.

7
3
7
3
7

J.&J.

5

Q-F.

J.&J.

139

1880

July, 75
1884

May.’75

M.&N.

J.&D
J.&J.
J. & J.
M.&N.

89>V 00
750,006

250,000
100 2,000,000
1000 2,000,000
100
1100

600,000
120,000

73
190

102

724

1882
1890

80

•»

Q-F.

A.&O.

*

.t

«

ft

...

6

July,’75

7
4
7

M

y,’75

83

924
155
100
100

J. & J.

Q.-F.

7
2

J.&D.
F.&A.

7
7

A.&O.
M.&N.
M.&N.
J. & J.

Q— F.

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

7
5

7

July,'75

75
ICO
ICO
85

200

1890

24 May,

7
4
7

71

1877
1876
1885
1888

Mny.’?5

SM>,60l
4,4,019
119,558
26.2 6

....

•

am«£pd vd stocks, also date of^m* tartly of bonds

0

10

III

5

13
10
10
10
:o
io
15
50
10

5

10

81,306
97,943 io" io’
10
19,937 10
32.',55 9
398,751 io* io'

•200,000
150,000

5(1

200,000

5
4

16"
io

90

100

U'8

200,000

196,01 l

200.000

100
100
f-0
25
25
100
20

96,618
8' 0,985

20,529
426,524
126,61 0
350,139
165,216
211,544
132,708
536,22!
12, CO
43,051
101,002
58.S77
30,441

600.000

350,000
200,000
200,000
150.000

150,000

1,000,000
200/ 00
200,000
800,000
200 (( 0

200,000

12
20
18
20
14
10

ii"

’s’*

•SO
170
l'J5

'85
H5
205

170
77
112

120

220*'

<5.10

i'js

160
2(5
lCu

118
*****

10

jan*.,* ’75* 5 **s5**

’an.. ’75. .5
J n., ’75..5
Jan
’75 5

9*

3*
16

Ml
175

Fef.,’75.10

+162.560
256.690

5
14
14

■

10
10
12
14
14

*ii5* *

14

14

10

12

120

100
98
145
160
165
110
160

120
170

Feb.,’75 .5
■Ta-i., '75.10
J *n„ ’75.10
Jan,, ’75..8
‘.Tan..’75.10

id"'id*

85
185

105

Jan.. *75..6
Jan., ’75. .5

io‘

*974

94

,

20

10
10

250,000

iso

ICO

F.b.,’75.10
Jan.,. 75.10

id"

250,000

150,000

205
150
10
185
75

75..5

10* 15*

250.000

200,000

170
90

July,’7‘.74
Feb.,’75. .5

78,W0
71,077
165,369
153,966
246,925

ico

115
105

Jan., *75..?•
Jan., *75..5
Apr., '75. .6
Jan., ’75.1'.)
Jan., ’7Lit

id"

180
200
140

H5
180
350
97
103

Ian., ’75.10
Feb ,’75.10

18

90

170

July, ’75.10
Jure,’75.10
Jan., '75. .6

:o*

15
20
11
12
6
12

61,403

200.000

115
85

’75.li

12 i,506

200,000
150,000
200,000
200,000

itvr

,

20
20

SU-

191,749
90.59?

200,600

501

5

12
20
16

:5

,

20
10

15
10
11
10

121,476 i2"
234,314 20

210,000

l)..

.1 an..

10
!0

200,000

J

n.,’75...P

7

110
0

50,008
151,863
86,755

90

77k

,

J

4

115.712
187.759

200,000

eb.,’75. .5
Jan., ’75...1
Jan
’75. .£

Jan., *75.i(:
Jan., '75.v
J n.,’«5..5
Jnn ’75. .5
Jan., ’75..»
.Jan., ’15. .5
Jan., ’75 .5
Jan., '75. .7
Jan., ’75.20
Jan., ’75..5
Jan ’75..5
Jan., ‘75.1(

169,447
67,238

•

1

HO
1 0

10
15
7

79.863

122.479

125

85
310

.Jan.,’75. 6
Jan., *75. .5
Jan., ’75..5
J* n.,’75..5
Ja ..,’75.. .6
Jan., '75..6
Js-n.,’75. A
M cl).,.5

83,445

815,753

'

117
120

•

Ju'y,‘75..U

20
20
10

200,000

25
50
50
50
fO
50
50

Jan., ’75..5
In''., ’75..5
J; n.,’75..5
Jan., ’75. .6
Jau, *75. .5
Jan., ’75.. 6

1*2(7

820
90
166
115
55

10

121,317

800,000
200.000
250,000
200,000
150,000
200,000
200,000
300,000
260,000

80

300

7

150.000
200.000
150,000

inn
100

90

70
139
118
260
115

Jau., ’75.26
Jan.. ’75..5

10
15

9*
10

136,241 io"
174,612 io
80,264 15

200,010
150,000
280,000

82

Jan.. ’75.11'
Jau,’75.4.80
Apr., ’7’..15
Jan., *75 .“

3(2
120

’4,861

It*
30
20
40
50
100
25
50
25

Jan,, ’75..5
Jan., ’75..5

170

1-0
115
ltd

10
10
10

10

90.653

170
140

HI

12* 12*

288 k.

17*
8* 10

t885,2Sl

165

Feb., ’75.10
Jan., ’75. :0

20

10

11

29,741
143,162
77,712

200.000

io"

22
10
10

116,672
325,221
43,lK)7
125,796
t329,i 91

£00,000
200,000
3/ 00,000
150,000
£00,000

New York:
Water stock
1841-6S.
do
1854-57.
Croton water stock..1845-51.
do
do
..1852-60.
Croton Aqued’ct stock.1865.
do
pipes and mains
reservoir bonds
do
Central Park bonds. .1853-57.
do
do
..1853-65.
Dock bonds
1852
do
1870.

Floating debt 6tock
Market stock
Soldiers’aid fund
do
do

Price

Interest.

..

5
6
5
6
6
7
6
5
6
5
7
6
7
6

1860.
1865-68.
1868.
1. ..1863.

1

Improvement stock.... 1869
(.0

Consolidated bonds
Street imp. stock'
do

6
7

1869.

6 g6
7

var.
var.
var.

Water loan
do

6
7
7
7
7

1852-67.
1869-71

Sewerage bonds
Bergen bonds

1866-69.
1868-69.
Assessment bonds... 1870-71.

[Quotations by N.T. Beers,
Brooklyn - Local Improvem’t

Jr.,

Months

1

Bid.

Payable.

j Ask

Feb., May Aug.& Nov.
'

do
do
do
do

May & November.
Feb., May Aug.& Nov.
do
do

City bonds

.

do

All

7
7
7”
7
6
6

Kings Co. bonds
do

Brooklyn bonds flat.

..

do
do

May & November.

Feb.,'May, Aug.& Nov.
May & November.
dc

00

do
do
do
do
do
do

■

do

do
do

1901
1878
-1S94-97
1878-75
1876
1889
1879-99
1901
1888
1879-82
-

do
do
do
do
do

January & July.
do

1870-80
1875-79
1890
1883-90
1884-1911
1884-1900
1907-11
1874-98
1S74-95

do
do
do

Jan., May, July & Nov.

18771899-1902
1872-79
1874-1900
1875-91

92
101
90
M
101
3(9
101

®98

1014
FI

1014

1014

9 i

110
102
FI

100
97
103
100
107

93
110
101
110

HO

1014

•:oi
101

1044
107
101
*103
P0
10!

102
102
99

Broker, 24 Wall st.]

1014

102
102
108

11c
;02
i05
95
306

102

1034
101

*
.

7

Bridge bonds

do
do
do
do

'

Citv bonds
do
Park bonds
Water loan bonds
Water loan

July,’75

I0'

Jan ,’7^..10

City Securities.

100
10)
100

145

1890

5*
S*

92,615
94,133
108,654

200,000

30

[Quotations by Dantel A- Moran, Broker, 40 Wall Street.]

100

’75

123.6-9

Jersey City:
100
65
75

70

:0* 17
20
17
10
10
13
10
30
10
0

so
110

June,*75.15 210
July, *74. .5
Feb., '75.10 iis"
Jan., '75.10 215

*

do

1873

14

’

Over all liabilities, including re-insurance, capital ami profit serin
fStock dividends of 25 per cent by the Hanover and Westchester, and 2) per cen
by the Home, have since been declared out of above net surplus.

do

May, ’75

w

•

80

1877

7

20

20
20

14*
14* 20
10
17
14
10
10
*5"
10
10
11
5
10
20
8* 8*
20 * 20
20
10
10
10

156,907
4 S',787
27,478

20' ,000

Jan., ’75..5

95
154
ICC

105

924

70

13

209.894

Rate.

74
71

ICO
63
85

10

5

212. .173

210,000
250,000

6

(-5
150
102
70
75
H5

jBondsdue.

20

ioo

7
7

20

7,72!

300,000
200,000
50
200,000
100 1,000,000
40
300,000
too
200,000
ICO
200,iX 0
30
200,000
5'
200,0(0
17
201,000
10
150,000
10
150,000
10.
200,000
lOt
1,0(0,000
50
500,000

15
50
50
100
25

is'

14

AskiJ

72*

J n.,’7v.,7
Jan., ’75..7
10
Jan., ’75. .5
U Jan., ’75. .4
‘ h" 10 Jan., '75..5

20 " 20

20

Paid. Bid

Jan., ’75..5

10
20

260,575 ii*
240,41; 20

153,000
800,000

Prior.

.0
u
10

10

■

l:-:-

18?2

I808

200,(K 0

200,000

100
100
25
25
25
10

Stuvvesant
Tradesmen’s
United States
Westchester
Williamsburg City.

1024

1024

July,75

7

F.&A.

900.000

150,000

170
2 5
155

lu

.

_

J. & J.

850,000
200,000

*131* *

310,000

50
25

3* 10

106,686
890,875

200,000

100

10
5
14

54,:8k
244,6*8 17
18,766 12
5,015
15,486 io*

'ioj"

<Jin«| *7u
t

807,000
1,200,000

1,000.000
203,000
750,000
220,000
560,000
200,000
797/XX)
167,000
1/ 99,500

ico"

.

650 0/0
1000
lot

'lOO"

July, ’75.

May " ’75!
34 Jan., ’75

900,UUO

694,000
Broadway ife Seventh Ave—stock, 100 2,100,000
lit mortgage
100c 1,600,000
11
Brooklyn City—stock
2,000,000
1st mortgage
100',
300,000
101
Broadway i Brooklyn)—stock,
200,000
:ot
401,000
>rtgage
10(X
390,000
central Pk, N.
1(X
1,161,000
st mortgage.
loot
550.000
Jo
do
loot
600,000

2*:0\

102 H
150
95
98
100

5

4

J & j '.
1,000,000 I J.&J.

loiki

2i 0 00C
20f .000

2l
50
25
100
25
17
20
70
:oo
80
100

10'
!00
25
100
25
50

Rutgers’

240

200,000

200,000

125.4

7

4

1

’75

July,’75

Relief

Safeguard
St.Nichola8
Standard
Star

Askd

KXJ

20
50
l"f>
50
100

Sterling

7

24 Apr..

1,000,0001 J.

1st mortgage

’75.
Men. 9, ‘75

F.&A.

50

Certificates
Bonds
do

1.600,000

May

...

.

Ridgewood

dividend.

10
5

Cooper.
People’s
Phenix (B’klvn)
Produce Exchange

Resolute

1

Bid.

April, ’75
74 April, ’75
4
t)Ct.f ’74.
1
Fell., *75.
5
July. ’75.

Q-J.

300.000

Last

Peter

Republic

.

1

Sj

■

..

Jan. 2. ’75.. .4

Q-F.

’*50 1,850,000

New York Fire
N. Y. & lonkers..
Niagara
North Elver
Pacific

...

.

4U0.G00

National
374
85
N. Y. Equitable....

.....

3M J ulyl3,’74.3 4
8
Feb. 8, 75. 4

a;

1,200,000

certitlcates

Mercantile
Merchants’

r*

Periods

2,000,000

Mechauics’(Bklyn)

....

Stocks and Bonds.

Par! Amount.

Long laland(Bkly.)
Lorillard
Manuf & Builders’.
Manhattan

‘i 16''

185

[Quotations by Charles OtiB. Broker, 4? Exchange Place, j
Gas Companies.

Lenox

is5 "

200.000

5(

1875.*

50

Jefferson
.

116

.

Firemen’s
Firemen’s Fund
Firemen’s Trust...
Gebhard
German-American
Germania
Globe
Greenwich...
Guardian
Hamilton
Hanover
Hoffman

Irving"....

125

F"b. 8. 75 .4
Jau. 2, ’75.. .3
Jan. 2. 75.. .7
Jan. 2,75.. .6
Jau. 2, 75.. .4
'■'av 10,75.. 4

Karragut.

Importers’* Trad..

*ius"

....

8
3
12
12
8
8

Exci ange

Howard

•

...

•

Eagle

Hope

•

150
90

......

•

Clinton
Columbia
Commerce Fire...
Commercial
Continental

Home

......

.

City

Empire City
Emporium

......

.

.

Brooklyn

......

Feb. lu.75. .5
J an. 2,75..3 H
i l
Jan 2,75.. .5
in
Jan. 2,75.. .5
10
Jan.2,75 .5
7* May 1.75... .3
10
May 1,75.... .5
9
May 1, 75.. .4
8
Jan 2.75.. .4
4
Jan. 2,75.. .4
8
Jan 2, 75. 4
10
Jau. 4,-75 .5
8
Acl i t ’75. .4
8
May b ,75. .4
10
Jan. 2, 75.. .5
13
Jan. 2,75.. .7
Jan. 2,'75.. .4
>lav,
78.. .5
8
Jan. 2, 75.. .4
Jan., 73. .8
8
Jan. 2.75 .4
7
July 1, ’74.84
12
Jan. 2. 75.. .6
12
May 1 75.. .8
Jan. 2.75.. .6
12
10
Jau. 2.75.. .5
i
Jan. 2.”35.34

.

Citizens’.

.

...

Atlantic
Brewers’ & M’lst’r B

"io”

.4
.7
.5
.6

.

Bowery

.

.....

jan.

10
3
8
14

.

Broadway

I

.

.

.

2r
IOC

100

.

Ainliy
Arctic

.

"95"

May 1, 74.
M..y, ;,’75. 8
May 1,75.. 1"

lu

Adriatic
.(Etna.
American
American Exch’e.

.

.

11 2-3 May 1, 75.
8
Apl iO, 75 .4
3
Feb.l, 74.. .3

2* Jan.27l.2kg
8
12
11
8

..

c

.

rt

..

......

_

256,000

1,000,000
300,000
300.000

„

8

8

.

2,000,000

«

8
7
11
14

U

J & J.
J. & J.
J. & J.

412,500
1,800 000

„

„

10

Q-F.

2,000,000

T

7

.

1,000.000
400,000
800,000

.

10
20

.

1.000.000
50:1,000
4.000.000
2 JO, 000

8

7

J. & J.
M.&N.
A.& O.
F.& A.
M.&N.
M.&N.
M.&N.
M.&N.
J. & J.
J. & J.
M.&S.
J. & J.
J. & J.
J. & J.
F.& A.
J. & J.
F.&A.
J. & J.
J. & J.
J. & J.
J.& J.
M.&N. .
M.&N.
M.&N.
J & J.
J. & J.
J. & J.
J. & J.
A. & ().
M.&N.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J & J.
J. & J.
J. & J.
J. & J.

i’OOO.OOO

4
10

8

Q-J.
Q-J.

500 005

4
10

10

12
7

•

5.000,000

100
100

Greenwich*
Gran I Central*

Q-F.
J.& J.
J. & J.
F.&A.
J. & J.*
J# & J
J. & J.
J. & J.

lfO
118 4

......

91
10
20
8

10

•

•

12
21

24
16
10.
8
12
100
10
20
8

Q-J.

10,000,000
1,500,000
1,000 000

100

Fulton
Gallatin
German American*..
German Exchange*...
Germania*

J. & J.
J. & J.

Jan. 2,‘75. ..5 155
May 1.75. ..4
Jan. 2. ’75 ..6
Jnn. 2, 75. .12
Mch. 1. 75 ..5
Jan. 2, 75. ..5
Jan. 2.75. ..4 ioi"
Jan. 2, 75. ..5
M ay i, 7 > .15 1,6U) ‘
Ja .. 2, 75. ..5
May 1, ’75. ..5 366'
Jan. 4. 75. .-4
Jan. 4. 75. ..4 U-3H
F b.1,’75. ..5 130
July 1,74. ..4
J ui v 10,73.3^
Jan. 2, 73. .4
Jan. 4. 75.34
A pi. 5, *75.24
Ja.i. 2. 75. C 200
Jan. 2, 75. 4 101

10
8

10
8

J & «J
2,000,000 J. & J.
450,000 J. & J.
300,000 ev. 21110s
600,000 J. & J.

100

Fourth

J-. & J.
M.&N.

Dividends.
1871 1872 1373 1874 Last

7
6

January & July,
do
do
do
do
ao

do

do
do
do
do
do
do

May & November.
do

do

<-

1S75-S0
1881-95
1915-24
1903
1915
1902-1905
1881-95
1880-83
1375-80

1(44

1064

107

1(8
112
118
111

111

112
11)
:i4

105

124

ice 4

5
102

104

ii

106

June

3

it

Assets of Union Rai ’mad Company.
$285,750
Sinking fund for redemption of 1st mort. bonds
Sinking fund for redemption of 2d mort. bonds
162,631

vestments

STATE, city and

corporation finances.

Supplement” is published regularly ou the last
furnished to all regular subscribers

Saturday of each mouth, and
of the Chronicle.

n

.

-

Ground rents, value 6per cent
Sinking fund for redemp ion of sterling
E evator, warehouses and dwellings
Stock in Chemical Compauy of Canton

bonds

Bills receivable and open accounts
Union railroad...;
Cash in bank

REPORTS.

ANNUAL

11
58
39 823 84
10 031 51
5.068 76
Property held by W. A. Fisher, Esq., Trustee
Cash
bank
7.312 38- $510,618 18
Assets of CantoCompany {over and above Value of hands).

Rond department
Unsett ed claims...

AND

The “ Investors’

591

THE CHRONICLE

19, 1875.]

$i71.:i3 S3
38,355 46
200,000 00
10,000 00
14,289 63
2,526,021 66
41,900 6S—$3,302,220 76
$3,812,838 94

Canton Company.

'

In addition the Canton

Company owns 18,750 feet

of water

front; real estate as follows: 18,500 building lots, 900 acres of
(For the year ending May 31, 1875).
The annual report has the following: “We are gratified in land.
Fort Wayne Jackson & Saginaw Railroad.
stating that, in our judgment, the condition and prospects of the
Canton Company have never presented so favorable an aspect as
{For the year ending December 31,1874).
at present.
The annual report shows :
All the evidences of growth and improvement are
manifest; and when we consider the additional and extensive Gross earrfings
$282,882 28
terminal improvements now under contract and construction by Expenses for operating, including taxes (a trifle over 58 per cent.) 163,605 58
the Northern Central Railway Company, we feel sure that such
Net
$119,276 70
favorable results will be shown in a very short time that cannot Including new rails, new ties, new7 engine house at Jackson, equip¬
but prove satisfactory to every stockholder.
ping cars with, air brake and some minor items of expense, not
ordinary, and covering all expenditures on the books of the
This lias been in a great measure brought about by the
op rating department, the per cent of expenditures and pay¬
entire change that has taken place during the past six months in
ments is a trifle over 61 5 per cent of total earnings, and leaves
net
$102,076 74
the administration of the Northern Central RaUway and Balti¬
The gross earnings in 1872 were derived as follows:
more and Potormc Railroad Companies.
Colonel Scott, President,
$131,655 71
and A. <J. Cassatt, Vice President, and the gentlemen composing From freight
from passengers.
9J.292 89
the present -board of directors, seem thoroughly alive to the From haul of cars and use oi track
42,215 SI
4,815 00
Fruin mail
great benefits to be detived from and fully appreciate the service
6,859 45
of the Canton Company in building th~< Union Railroad at so From express
From car mileage
4,808 87
$280,647 63
great a cost for their use and benefit, and thereby giving to all
their extended lines of railways access, at a minimum cost in Expenses for the year, including about $10,000 paid for ballasting,
and excluding salaries of President, Secretary, Treasurer, At¬
tolls, to one of the best tide-water termini on the Atlantic coast.
torney. and expenses of general office
$149,725 76
In consequence of the dulness of trade and the very great de¬
or nearly 53 4 per cent of earnings.
A considerable item of rev¬
enue was for u e of track. &c., as will be observed.
pression in all kinds of business, and the general decline in the
$308,666 32
value of real estate, there have been but few leases and sales In 1873 the gross earnings were
of salaries of
effected during the past twelve months.
Under the influence, Operating expenses, exclusiveincluding such general officers cent. 178,167 07
or not quite 58 per cent, or
salaries, 61 per
however, of the improvements to be made, a demand for leases
Gross earnings for the year 1874, it will be observed, exceed,
and land has begun, and several large and important leases oi
those of the year previous if the sum paid for trackage by other
land and water fronts for shipping and manufacturing purposes
roads be deducted.
are under negotiation, and if effected, will add largely to the an¬
Iu June of last
“

“

..

f

nual revenue of the compauy.
“
The revenue of the Union

circular

year a

Railroad has been steadily increas¬

was

prepared and issued to those
from income of
into effect by ex¬

interested, stating and proposing expenditures
$94,000. This schedule was practically carried

month, and but for the strikes in the mining
regions of Pennsylvania, a much larger tonnage of coal would pending the sums as indicated.
In 1873, for a period of nearly three months, the officers of this
have been received in April and May.
The gross receipts for the
company operated two other roads, as is generally known,swelling
year ending May 31, 1875, will be seen by the report to have been the
receipts and expenditures of the treasury department, as the
$40,804, which does not include anything for mail service. This treasurer has seeu fit to explain.
was a gain of $15,840 83 over the previous eleven months of 1873
But for the constant falling off in the price of freights, the situ¬
and 1874.
The running expenses were $32,449 18 leaving a net
ation would indicate an earlier and surer financial success.
The
profit of $8,354 32.
increasing tonnage carried only compensates for the decreased
“Tlie cash receipts of the Canton Company for the year by the
Treasurer’s report shows $364,597 09, and the disbursements to rate, although lower prices for labor and material will continue to
aid in keepiug the per cent of net revenue good.
At this city the
have been $322,696 41, leaving a balance in bank of $41,900 68,”
Michigan Central and at Fort Wayne the P. Ft. W. & C. and
The following summary is given of the bonded indebtedness of Wabash are
competitors of the Lake Shore & Michigan Southern,
which crosses us at twenty-five miles from this city and also at the
the Union Railroad and Canton Company :
We are therefore of necessity
“Of the first mortgage 6 per cenr. currency bonds of the Union same distance from Fort Wayne.
Railroad, endorsed by the Canton Company, there has been issued drawn into and made to partake of all changes of rate generated
$783,000, of which amount $87,500 has been purchased by the by the rivalry of these trunk lines.
The President, Mr. P. B. Loomis, by request of the directors,
trustees of the several sinking funds, leaving of said bonds (ex¬
clusive of $117,000 endorsed by the city of Baltimore) outstand¬ assumed the duties heretofore performed by the Superintendent, ou
the 1st of November, with the additional title of General Manager,
ing, $695,500 Of the $600,000 second mortgage 6 per cent, gold
bonds of the Union Railroad, endorsed by the Canton Company, and in answer to inquiries as to when the company will resume
its payment of interest, says that it is the intention and expecta¬
the trustees of the sinking fund have purchased $2,000 of said
tion of the directors to manage the property hereafter, as heretofore,
bonds; and of the $1,300,000 Canton Company’s 6 per cent, gold
bonds of the two issues sold, the trustees have purchased and with the most careful economy, and apply the earnings to that
cancelled $14,000 bonds, making the outstanding bonds of the purpose, in which they also have a direct pecuniary interest, and
no adverse interest.
As soon as practicable, and as soon as it may
Union Railroad and Canton Company to be $2,696,500 in all, with
be intelligently done, a proposition looking to the adjustment of
ground rents and cash in hand of the trustees to the amount of
$390,982 37, which it deducted from the outstanding bonds would coupons past due, will be considered. It is useless to offer specu¬
leave an actual bonded debt of both corporations of $2,305,517 63.” lative opinions, which may vary in the minds of those presenting
them, as surrounding circumstances affect and change them.
A statement ol the stock and debt in much detail will be found
GENERAL BALANCE SHEET, DECEMBER 31, 1874.
ing from month to

Supplement ” of June 26.

in the “ Investors’

The most important

Canton, and guarantee a stipulated amount
Union Railroad to tide-water at Canton.”

of tonnage over the

(GENERAL BALANCE) OF THE CANTON

COMPANY OP BALTIMORE

JOINT STATEMENT

AND THE

UNION RAILKOAD

2d

“

gold

“

Due Canton Co. for
“

*•

right of way

COMPANY.

“
c.

*

......
“
$200,000 00

“

“

“

“

end’d by Canton Company
cash loans

w

-r...

$117,000 00
783,000 00
600,000 00

334,500 00

ground rents to estab¬

lish sinkiiur funds
342,946 84—877,446
Due unsettled accounts
3,196 76
Due unsettled at counts due contractors.
29,130 98— 32,327
Revenue account
46,271
Liabilities of the Canton Company.

Sterling bonds, 6 per cent
Gold bonds, 6 per «.ent
Unsettled accounts
Balance




outstanding

outstanding

...
,

$236,513 13

Rolling stock
Locomotives
Bills receivable
Personal acc’t (unsettled)

_

121,066 50
32,212 59

50 i«0

112,761
Construction account..
2,695,6-10
3,201
Ft. W. M. & C. RR. Co...
Farmers’Loan &'Trust Co
326
11,997
Cash...'
Income acc unt

.

14
21
51
12
18

$3,213,768 38

Liabilities of the Union Railroad Company.
Citv of Baltimore told debt) assumed by this com¬
pany
let mort. cur. bonds

Cr.

Dr.

arrangement, that has been accomplished
by your board of diiectors during the past year has been that
with the Northern Central Railway and Baltimore & Potomac
Railroad Companies, whereby certain rebates of the toll charged
by the Union Railroad was granted in consideration that the said
railway would proceed at once to erect terminal facilities at
“

84
74

First mortgage bonds. ...$1,500,000
Second mortgage bonds..
600,000
Bills payable
13,768

00
00
38

Capital stock
1,151,500 00
Capital municipal loan...
43,500 00

$3,213,768 88

meeting of the directors, held immediately after the ad¬
journment of the meeting of stockholders, held February 9,
1875, the hoard was organized by the ©lectioa of the officers, and
a resolution as follows adopted :
jResolved, That the first duty of this Board is to the holders of tho mortgage
bonds issued by the Company, and th.t the Execu ive Committee be and is
hereby instructed, so soon as t:ie finances of the Company will admit, to de¬
vise and negotiate such plans for resuming the payment of interest, aud such
arrangement as to past due coupons as shall meet the approval of the holders
At

of

a

our

securities.

Vicksburg & Meridian.
(For the year ending Feb. 28,1875.)
The President and managers state in their report: “ The year
$593,000 00
693,000 <0
18'4 was truly a hard year on all railroads, and upon none did it
4,447 26—$1,290,447 26
66,342 55 bear more heavily than on this road. Business of all kinds was
The continued rains in the spring injured the plant$3,812,838 94 very light.

55—$2,456,049 13

592

[June 19, 1875.

THE CHRONICLE:

ing interest of the country by overflowing all the bottom lands,
and also damaged the railroads by the overflow of their tracks
and washing away of their bridges. From the overflow of big
Black River you lost a very costly bridge, for the particulars of
which you are referred to the report of our General Superintend¬

ent, Colonel Raworth, herewith submitted to you.

In consequence
of this loss, the additional expense in budding the new bridge,
and the general falling off in business, we were unable to meet
the cash payment on the coupons due the 1st Ju'y, 1874, amount¬
ing to $33,800, and the earnings of the road since have not been
sufficient to justify any payment thereon, being but little more
than enough to meet the cash payments on the coupons due 1st
October, 1874, and 1st January, 1875.”
The Treasurer’s Report says :
During the year but few con¬
versions of the old indebtedness into the

consolidated mort¬

new

GENERAL INVESTMENT

NEWS.

Alabama & Chattanooga.—Letters received from

Montgomery,

Ala., state that J. C. Stanton has been appointed temporary
receiver of the Ala. &

Chattanooga Railroad

;

that R. H. Smith,

attorney of the bondholders, and J. C. Stanton were appointed
commissioners to settle the debts,claims and receiver’s certificates,
&c., and ia case they cannot agree, Mr. Dodd is to be third commissioner.

Atlantic & Great Western.—A copy of the scheme of re or¬
ganization of the Atlantic & Great Western Railway Company, as

proposed by James McHenry and his associates, was received here
week or two since.
The general outline is as follows :

a

Foreclosure under the first or second mortgages to be prosecuted, and de¬
for sale obtained, and the railroad with its rolling stock, leases, fran¬

crees

bonds have been made, and the whole amount of the old
indebtedness, yet unconverted, is but $50,000. There have been
issued during the year $19,900 of the new bonds.

chises, to be sold, and to be bought by Sir George Balfour, K. C. B., M. P.,
Hugh Fraser Sandeman, and Peter Lutacbman, a! of London, as trustees and
agents for the purch ise of the property ou behalf of the creditors and for its

Total floating debt,
Total floating debt,

pared for signature.

gage

Showing

an

February 28, 1875, is
February 23, 1874

.$110,509 74
112,0(8 08

increase of

$4,501 06

re-organization under the sche

The Loudon

Of the bills

payable outstanding, $44,160 were issued for the
purchase of the landing on the Mississippi River, and cannot be
considered as a part of the floating debt, certain portions of tlie
depot property in the city of Vicksburg having been set aside
for sale to meet the payment of the same.
The income account for the year was as

Earnings.
Passenger
Freight

253,750 96
11,902 82
3,469 73

Mail

Incidental receipts

$421.8)3 04
Less balances due by agents

2,148 75

I Maintenance ol

71,001 40
112,804 06
20,4 0 80

way

Maintenance of

cars

j New

cars

Paid foreign roads
$419,744 29 I Chargee auvanced
Earnings of, and receipts
Contingent expenses
from foreign roads
36 719 96 | General salaries
Charges received
82,676 41 I Taxes
Bills payable, issued
71.383 68 I Bills payable, paid
Bills receivable, collected.
.5,404 81 | Bills receivable
Interest account
282 84 I Interest, discount and exSales of lands and lots....
2,650 00 I
change
Kents and wharfage from
Interest on funded debt...
river landing
5,837 03 Extension to Miss. River..
Land scrip issued
295 90 Extension tonnage dues...
.
Balance, Feb. 23,1875
21,247 99 Land scrip received
Franklin Bank of Ivy....
Anderson & Simpson
Balance, March!,.1874...
.......

.

.

Total..,

GENERAL BALANCE

Dr.
Cost of road & ecpiipm’t..$3,046,l
Cost of extension to Mis¬

From

SHEET, FEB. 28,

62,676 41

5,947 56
14,129 77

23,015 58
74,728 81

1,731 87
r

3,192 31
80,972 98
1,554 10
9,750 71
514 25
4,000 00
3,250 00
6,249 11

1875.

Capital stock (common)..
Funded debt,

$357,407 69
3,165,994 96
905,407 10
95,615 74

2,049 05

13 845 11

31,339 89
1,302,258 79

$4,526,474 51

Total

$4,526,474 54

Petersburg Railroad Company.
(For the year ending December 81, 1874).
the forty-third annual report we condense the following:
GROSS

early mortgages get more than is possible by the proposed foreclosure
recently-appointed committee, and all the other classes of bond and
stockholders retain their interest in the undertaking. This is so even ih the
The

a

EARNINGS FOR TIIE YEAR

in addition, the great gain of
As it is specially provided that no capital shall be

the boi ds ; and there is.

or other material engagement entered upon, without the con¬
majority of shareholders, the present bondholders will obtain
complete control of the property.”
******
sent

or

lease

of the

details
scheme
are
“The
of
the
very
simple,
and are easily
stated. It is proposed to sell the railway, with its rolling-stock, leases,
franchises &c., under the foreclosure.
A cmipany is then to be
formed, to he under the direct and absolute mauagetn -nt of the proprietors,
through a delegation of directors in London, who shall have full control over
the expenditure and policy of the company. The transfer books are to bo
kept in London, and, as we have already said, no capital is to be raised, and
no lease is to be accepted or granted, without the consent of a majority of
the proprietors. The net revenues of the road are to be remitted to Londou

monthly, and monthly statements of receipts and expenses published, with
half-yearly reports, after the custom prevailing with English railways. As
soon as the company is re-constituted, the directors will have the power to
issue new mortgage stock not exceeding eight,million dollars, with which to
alter the guage of the line, to provide for the Ohio bonds due in April next,
to pay tlic overdue re organization stock and interest and floa ing debts,
and for general purposes.
Ab regar.-s the existing capital, the alterations
proposed are based upon the payment of minimum dividends on a scale
within the means of the company as it now stands, aud in proportion to
the priorities of the several descriptions,
with a relative increase to
rates as
the available
revenue augments.
In all
certain
maximum
cases the dividends are dependent on
the profits of each separate year.
The following will be the order of the new stocks, ranking after the
new

mortgage proposed:

Leased lines bonds

of 1872, to receive 5 per

;leased

cent per annum interest for 1876 and 1877, increasing to 6 per cent
lines bonds of 1873, to receive 3 per cent per annum interest for 1876
and 1877, increasing to 6 per cent; first mortgage bonds, to
first preference shares, with coupons capitalized to January, 1876, and then o
bear 4 per cent interest, increasing to 5 per cent; second mortgage
to
be converted into second prefeience shares, with coupons
to

be converted into

Cr.

13 88

82,736 87

landimr front
Extension tonnage dues..
Bills receivable
Profit and loss

$291,804 88
5,3(8 28
40,435 99

$649,272 94

Preferred stock
I Bills payable
50,100 00 Land scrip...:

sissippi River.
Cost of Mississippi River

Total

Total

$619,272 94

..

“

by

raised,

$78,588 02

I Motive power.
I

Money Market Iteview comments favorably on the

obtaining voting power.

Expenses
$152,769 53 | Conducting transportation

‘

A form of contract and assent to be pre¬

plan, and says:

matter of dividend on

follows:

ne.

The trustees to; organize a new company, under the
title of “The Atlantic & Great Western Railway Company,” or such other
tit.e as they may adopt. The trustees to have all the new securities prepared
for issue, in accordance with the scheme and contract for assent.

1874.

bonds,
capitalized
March, 1876, to receive 2 per cent interest, increasing to 5 per cent; third
mortgage bonds, to be converted into third preference sliares, to receive X
per cent interest, increasing to 4 per cent; preference shares, to be converted
into fourth preference shares, to receive % per cent interest, increa-ing to 3
percent; and common shares to remain common shares. There is to be no
increase on the present minimum interest and dividends until all the prefer¬
ences get the minimum provided.
The increase is then to take p ace in the
proportion of 1 per cent to the leased lines bonds and the first and second
preference shares, and
per cent to the third and lourth preferences. The
overdue coupons on the leased lines bonds are to be paid in cash.”
—Mr. James B. Hodgskin, formerly of the Atlantic & Great
Western Railway Company, and now of the United States Rolling
Stock Company, has published a letter to H. J. Jewett of the Erie

Railway, in reply to his statement to the Erie shareholders dated
May 13, 1875. Mr. Hodgskin denies that the Erie Railway Com¬
pany was induced by fraudulent misrepresentations to make a
lease, the true nature of which it was ignoraut of, or that such
Total gross earnings
$240,145 00 fraudulent misrepresentations were made by the Atlantic & Great
Operating expenses, including renewals, insurance, &c.$136,772 29
Western Railway Company.
Mr. Hodgskin says that the l9ase
Coupons and interest
65,000 CO— 231,772 29
of the Atlantic Road was not advocated by the-directors of that
Net earnings
$3S,3?2 71 company; that his road prepared every month a tabular statement
INDEBTEDNESS.
showing in detail the income, the ordinary operating expenses,
Eight per cent coupon bonds, 1st mortgage
$500,000 00
Eight per cent coupon bonds, 2d mortgage
300,000 00— 800,000 00 and the balance to credit of income ; and he charges that many of
Bills payable
265,601 36 the acts of the Atlantic & Great Western Railway Company
Due to sundrie-’
43,941 82
which precipitated, if not actually caused its bankruptcy, were
Due to other companies
4,429 15
Overdraft
10.256 16 forced upon it by the Erie Railway Company.
B.altimore & Ohio.—The Hoard of Directors, at a special meet¬
$1,1?4,223 49
CREDITS.
ing June 14, ratified the contract for the purchase of the interest
Due by agents
$3,190 49
of the city of Baltimore in the Pittsburgh & Connellsville Rail¬
Due by other companies
7,889 72— 16,080 21 road for
$1,000,000, an ordinance for such sale having passed the
Due by sundries
161,161 19
City Council. The interest of the city in that road waa $2,33;,000.
From passengers
“
freights
“
mail and express
“
miscellanjous

$77,979 72
140,654 41
18,457 51
3,073 36

-

$177,241 40

Total indebtedness

946,387 09

Total liabilities, including capital stock
Total assets
Excess of liabilities
Value of one share

Depreciatioa
Real value
“

The unprecedented derangement of
cial affairs ol the country which lias

2.448,428 49
2,179,765 57
-

$263,662 92
$1*30 00

20 00
$80 00

the financial aud commer¬
existed since September,
1873, lias exercised a depressing influence on the business of our
company, as indicated by the receipts, they being less for the past
year, both tor freights and passengers, than for any year since
tho present management have had contrcl. On the other side,
the operating expenses have been also less.
We have the gratification to report the road and equipment
in good order and equal to all the business which a revival of
trade may bring us; a large amount of new iron rails, cross ties
and other material having been purchased and put in place,
besides ditching, ballasting, etc., done during the year,”
“




Boston & Albany.—The treasurer

called for proposals till

June 1(3, for the whole or any part of $1,000,000 new bonds having
26 years to run from July 1, 1875. The bonds are
coupon
or registered, as desired, and payment
for them- must be

either

made

The whole amount of proposals was $4,500,000, and
the award for $800,000 was made to Messrs. C. A. Sweet & Co.,
bankers, 40 State street, Boston.
Burlington & Missouri River in Nebraska.—The United
States Circuit Court recently decided an important case affecting
the land grant of this company. The company has selected 1,200.*
000 acres in the northern part of the State/away from its line, and
the Government sought to make void five patents already issued
for this land.
Judge Miller holds that the company is not confined
to the twenty mile limit, where, as in this case, the lands in the
limit had been previously occupied.
The case will be appealed.
Chicago & Illinois Southern.—Holders of the first mortgage
bonds of this and the Decatur Sullivan & Mattoon road (the
former name of the road) are notified to appear and prove their
bonds before Sutherland D. Smith, at his office, No. 21 Nassau
by July 1.

Juno

593

THE CHRONICLE.

lrf, )876.)

Mr. Smith has been
appointed a special master in the foreclosure suit by the United
States Circuit Court for the Southern District of Illinois.

trustee of the two consolidated mortgages dated Sept. 1,
and Feb. 4,1874, is plaintiff, and Judge Donohue granted an

Chicago Milwaukee & St. Paul.—At the annual meeting in
Milwaukee, June 12, a large majority of the stock is said to have
voted, and the Mitchell ticket to have been elected without oppo¬
sition. Before the voting was proceeded with, the new law,
passed by the last session of the Legislature, making the tenure
of office of directors one year, was adopted.

operate the road and lines of the defendant, the Erie Railway Company, and
so forth, as receiver of the same, be also possessed by him in this suit, and as
receiver under the two mortg iges mentioned in the complaint in this suit so
far as the :-ame affects the mortgaged property, rights or franchises, therein
*********
mentioned.

street, New York, on or before June 16.

Directors were elected as follows : A lexander Mitchell, of Mil¬
waukee; Selah Chamberlain, of Cleveland; Walter S. Gurnee, of
New York; Julius Wadsworth, of New York; Elias L. Frank, of
New York; James Buell, of New York; David Dows, of New
York ; John M. Burke, of New York ; Peter Geddes, Chicago ;
John Plankinton, Milwaukee; Joseph G. Thorpe, Madison ; Jona¬
than M., Bowman, Kilboum City; F. A. Mueller, Rotterdam,
Holland.
It was one of the charges of Mr. Sage prior to the election, that
the Mitchell party would saddle the St. Paul Company with the
Milwaukee and Northern road now in default, and it remains to
be seen whether this will be done.

Chicago & Northwestern.—The uncertainty attending the
Chicago & Northwestern Rail¬
Company was relieved by application to Mr. M. L. Sykes, the
secretary of the company. He stated that there was no truth in
the statements afloat concerning the company, and that the action
action of the stockholders of the

road

of the stockholders

was

embraced in the

following resolution

:

Resolved, That in the judgment oftlie stockholders it is expedient that any
further expenditure for purchase of connecting roads or otherwise ought, if
possible, to be provided for by the issue of common stock rather than of
bonds, and they authorize such action by the Board of Directors, provided,
after full examination of the question, it is ascertained that it can be legally
done, and provided that snch issue shall in no case exceed $10,000,000, and,
further, that it shall meet the approval of at least two-tliirds of the directors
of the company.

1870,

order

containing the following:
That the authority of the lion.

To preserve

Hugh J. Jewett, now by him possessed to

in possession and keep in good condition and repair said road

and property and*protect title, and that he pay inte est as it becomes due on
bonds secured by mortgage prior to said fifth mortgage.
*
*
*
*
That said receiver tile a bond (for faithful dischirge of his duties) in the
sum of $500,000, with sureties approved by a justice ot thL court.
That as soon as practicable after entering upon the dischirge of his duty,
the receiver file an inventory under oath, giving a correct and adequate
description, as he maybe able, of all property, rights, and franchises, cov¬
ered by said mortgages, or either of them.
The order then directs that the receiver shall keep proper accounts as di¬
rected in the order appointing him receiver of th ; Erie It lilway Company.
That James C. Spencer be appointed referee to pass his accounts from time to
time.

Company were represented by their
regular attorneys, Messrs. Turner, Kirkland & McClure, well
known among the leading real estate lawyers of this city, and
who have been for some years attorneys of the Mutual Life
Insurance Company in an important branch of their mortgage loan
The Farmers’ Loan & Trust

business.
Dorman B. Eaton lias put in an answer on bebalf of the bond¬
holders under a mortgage of the Buffalo Bndford and Pittsburgh

by the Erie Railway,
guaranteed by that company, claiming the
protection of the Court for the bondholders under the mortgage
road,

a

road substantially built and owned

and whose bonds

were

of that road.

Marquette.—The last section of the Flint
Railroad, between Reed City and Ludingjust been inspected and approved by Gov¬
Bagley, of Michigan, and the road is now open its full

Flint

& Pore

& Pere Marquette
ton, 48 miles, has
ernor

length from Monroe to Ludington.

Sykes said to a Tribune reporter tliat the Chicago & North¬
Company have been offered numerous bankrupt roads at
Lehigh Valley.—New stock is to be issued to the present stock¬
about the price of the old iron used in their construction. The holders at par, each holder to have the option of taking one
question had arisen among the stockholders whether it would share for each 10 standing in his name June 15. The new issue
not be desirable to give the directors the power to purchase these
will be about $2,450,000, and the proceeds will be used to pay for
roads, provided that they could be obtained at a bargain, and the completion of the new lino (Easton & Auiboy) across New
without increasing the interest-bearing securities or infringing Jersey.
Stockholders can pay for their new shares at once or in
the rights of the preferred stock. The bonds were secured inas¬ four equal instalments, payable in July and October, 1875, and
much as the interest obligations were not in the least degree
January and April, 1876. The privilege of subscribing can be
Mr.

western

affected.

It

was

not certain that the directors

would

ever

issue this

stock.

They certainly would not until they were satisfied that
they had a legal right to do so. The resolution was the result of
a vote
on
more than $24,000,000 worth of stock.
If the action
was unwise, the stockholders would
have it iu their power to
revoke their action.

The directors had taken

no

action

on

the

as the matter was entirely in
Even if the directors should decide to do any¬

subject, and possibly would not,
their discretion.

thing, they would be obliged to give thirty days' notice to the
Stock

Exchange,
being made.

t o

that there

was no

danger of

any

such sales

Columbus Chicago &

Indiana Central.—At the late annual
meeting, the following board of directors was elected: Adrian
Iselin, W. Whitewright, Jr., F. R. Fowler, Henry Morgan, John
Bloodgood, A. W. Greenleaf, Alex. Taylor, Jr., Lawrence Wells,
J. Nelson Tappan, John B. Thompson, John Thomas, B. E.
Smith, J. N. Converse, John II. Newman and John Gardner.

Davenport & St. Paul.—Mr. Gardner, of the Lake Shore road,
road, has finished

who has been making an examination of the
his work and made a report. He recommends

that the road be
completed from its present terminus outside of Davenport iuto
that city, and that it be extended from Fayette, la., northward as
far

as

Cresco.

The cost of these extensions he estimates at about

transferred.

m

Logansport Crawfordsville & Southwestern.—The bond¬
Lave ascertained from the

holders’ committee report that they
receiver that the earnings for the past

two years were as follows :

1874.

Earnings
Expenses

....

Deficit
Per cent of expenses....,

For the first

....

....

$-249.97.7
329,774

$237,779

$79,SOI

Inc. or Dec.
Inc. $12,194
Dec. 13,000

1873.

$105,055

131.92

342,83 4
144.18

.

P.c.
5

Dec. $25,254
Dec.
12.20

24

3%
....

quarter in 1875 the result was :
$65,950 48

Earnings
Expenses
Deficit

past due taxes, debts for right of
pay-rolls and Receiver’s certificates, and to put the road in
good order will take from $4u9,000 to $500,009.
The bondholders are advised to act promptly.
Under’tlie mort¬
gage it requires the consent of at least one-half of the outstanding
Bondholders are request¬
bonds to enable the trustees to foreclose.
ed to send tlieir names and amount of their holdings to the com¬
mittee, whose names and addresses are: John Baird, No. 29
William street, New York ; John E. Ward, No. 61 Wall street,
New York ; Simeon Fitch, No. 6 East Thirty-sixth street, New
The Receiver states that to pay

way,

$500,000.

York.

than to

Macon & Brunswick.—The Governor, June 14, appointed a
board of three directors for the Macon & Brunswick Railroad.

He advises the bondholders to advance this sum rather
foreclose the mortgage and sell the road.

Eastern Shore (Md.) Railway.—The first mortgage bond¬
holders of the Eastern Shore

Railway met recently in Philadel¬
New Haven Middletown & Willimantic.—Notice is given to
phia. The Baltimore Sun says: Hon. George R. Dennis submitted the holders of First Mortgage Bonds of the New Haven Middlea
report of the finances and condition of the road, showing the town & Willimantic Railroad Company, that the first meeting
total amount of revenue since December 1,1809, to April 30,1875,
of the Boston & New York Air Line Railroad Company will be
to have
been $443,905 37; operating expenses, $300,779 48; held at. Assurance Hall, in the City of Middletown, Connecticut,
balance, $143,125 89. Debts were paid, leaving a balance of on the 24th day of June, 1875, at 2 o’clock in the afternoon. At
the said meeting the organization of the company is to be
$6,816 20.
About $31,923 29 have been paid in the last five years for the made and completed, directors of the Corporation may be chosen,
use of cars, and the report recommended the purchase of cars for
and by-laws adopted.
the road.; $5,251 54 are due on the floating debt of the company,
Pacific Mail Steamship Company.—At a meeting of the
which has been arranged by notes payable in 1876 and 1877.
There is another amount of $2,154 83 outstanding, $30,000 due directors the Vice-President stated that about $1,650,000 was
the Philadelphia Wilmington & Baltimore Railway Company, and needed ; to pay the additional instalments necessary for the com¬
$216,000 overdue coupons on $400,000 first mortgage bonds up to pletion of the three steamers now constructin'/, $1,000,000 was
January 1, 1875. The report was approved, and a committee was necessary. An additional sum of $150,000 would be required for
appointed to purchase forty additional cars for the road. There the final equipment of the vessels after they had left the ship¬
builders’ bands. The loan of $500,000 from the Panama company
was a general expression of sentiment regarding the report, which
would fall due within 60 days, and unless this loan was repaid the
was pronounced very satisfactory.
railroad company would secure a title to several of the finest
Erie Railway.—Two suits have been begun against the Erie vessels in the Pacific Mail fleet. Tim matter was discussed at
Railway to foreclose two of its mortgages. One is brought by length, and then referred to the ExeculiveCommittee with power.
C. Bancroft Davis, in which only tlie Erie Railway, the Farmers’
Railroad War Ended.—The Boards of Directors of the Penn¬
Loan and Trust Company, and James Brown are defendants.
The plaintiff sues as trustee of the fifth mortgage, and of wliat sylvania and Baltimore and Ohio roads, respectively, have finally
is known as the supplemental mortgage.
From the Tribune’s agreed to a settlement of their difficulties.
It is understood that the agreement between the companies is
account it appears that on the fifth mortgage, for $5,000,000,
for a period of ten years, the companies to agree upon moderate
plaintiff and James Brown are trustees. On this $709,500 are.
rates between all competing points, which will be maintained by
still outstanding.
In the other suit the Farmers’ Loan and Trust




Company,

as

both.

The contract

can

only be terminated by

resolution of the

594

THE CHRONICLE.

[June 19. 1875

respective boards.

should be taxed

each

personal property.

A special committee is to. be appointed by
board, to whom shall be referred all matters of difference, if
any, that may arise relative to the practical working of the
arrangement, and with power to adjust all complaints between
the

two

& Ohio Railroad

the

on

same

that

terms

they give other connect¬

ing roads at Philadelphia. It is said that the details of the
agreement will not be published.
—The general freight agents of the roads leading to the East,
from Chicago, held a meeting in that city June 17, at which the
former rates

on

this meeting

that

live stock

re-established.

were

It

decided at

was

changes should be made in the other freight
The roads will continue to make contracts at 30

no

present.

cents per

hundred pounds

on

fourth class goods and grain to New

York.
The general freight agents say that they will
attempt no
increase in freight rates until the close of the
navigation season,
and then they will not be raised above 40 cents from
Chicago to
New York.

Rockford Rock Island & St.

Louis.—JudgeDrummond, June
the exceptions to the master’s report
in ihe case of the Union Trust Company, of New York,
against
this road.
The objections to the master’s report were in the main
overruled, and the Court held that the mortgage of 1868 was a
security for the first issue of bouds on all the road north of a point
on the main line as
ultimately constructed, and that this mort¬
gage constituted a lien on the property for the payment of said
bonds.
Also, that the last mortgage of .1868, given for the se¬
curity of all the bouds issued, covered the first issue as well as the
second, and therefore gave the bondholders a double security.
17, delivered

an

opinion

on

Syracuse Northern.—The referee, Hon. Albertus Perry, has

rendered his decision in the case of the foreclosure of the rail¬
road.
The decision of the referee, in brief, is in favor of the

validity of the second mortgage bouds, and also of the legality

of the transfer of the bonds

to

the President of

the Rome Water-

A

town

rate

same

as

other real and

It was contended on behalf of the appellants that this section
provided for the whole subject of the taxation of the road, that it
companies. The Pennsylvania Railroad Company opens exempted the road from all taxes except State taxes, and furnished
between Philadelphia and New York to the Baltimore the
only rate and authority by which those taxes could be ascer¬

its lines

rates at

by the State at the

tained and collected.
The decision now made concludes that the claim
from local taxation can not be sustained.

of

exemption

Union Gas Light Company Bankrupt.—Judge Brady, in
Supreme Court, Chambers, lias granted Dave to the AttorneyGeneral to bring a suit to wind up the Union Gas
Light Com¬
pany.
It is stated that the capital stock of the company is $2,000,000; that its only property is the block between Ninetyeighth and Ninety-ninili streets and Second avenue and East
River and the buildings thereon ; that its debts are a
mortgage for
$500,000, judgments lor over $50,000, unsecured debts for over
$110,000, and taxes and assessments due amounting to over
$10,000, besides interest on the mortgage, which has not been
paid for two years.
Union Pacific Railroad.—Notice is given by E. II. Rollins,

Treasurer, that in accordance with the provisions of the indenture,
per cent, ol the outstanding sinking fund mortgage bonds of
the Union Pacific Railroad
Company, will be redeemed by lot at
the office of the compauy in the
city of Boston, on Wednesday,
the 28th day of July, 1875, the bonds so drawn to be redeemed on
the 1st day of Sept. 1875, as provided in said indenture.
one

Vermont Central.—At St. Albans, June 10, an important rail¬
hearing was held before Chancellor Royce on the scheme for
consolidating the Vermont Central,Vermont & Canada and Rutland
Railroads. It came up on petitions by
the trustees of the first and
second mortgages of the Vermont Central for leave to sell the

road

road to the Central Vermont, as
represented by the Smith Board
for leave to buy, and in case a consolidation could not be effected
in that way, then the petitioners ask that
the present trust might
be closed and the
property sold to pay the debts. After some
discussion by opposing counsel, it was
finally agreed by the
Chancellor that an adjournment should be hadto.tlie l3r.il of

Ogdeusburg Company. The Syracuse Standard says:
The general sentiment of our citizens (while
they regret the
loss of the stock to the city), is against, incurring additional lia¬
bilities in the vain effort to save something that is
lost beyond July. Accordingly, the sale of the Vermont Central under the
second mortgage, advertised to take
all hope of redemption.”
place on the 22d inst., can
hardly occur. It appears by the answer filed by the Rutland
The Pacific Railroad of Missouri.—In the United States Railroad
Company, that last December they passed a vote, of
Supreme Court an opinion has just been rendered in the suit of which the Central Vermont was
duly notified, offering to have
David Bailey, Joseph Seligman, Edwin D.
Morgan et al. vs. The the lease of their road cancelled, and to take it back iuto their
Pacific railroad, Constantine Maguire et al.
own hands.
The Smith Board of the Central Vermont have now
This was a suit in equity by foreign stockholders to restrain the
notified the lower roads that
they must not make any further
collection of certain taxes in St. Louis County, Mo., assessed
against payments on the Central Vermont account to the Rutland road
the Pacific railroad company by the County Assessors for the
year to be applied in the rent, so there seems to be a
general break¬
18G9, on the ground that the property of the company was exempt ing up, and it is not believed in well-informed circles that
any¬
from all taxation, except a State tax, to be ascertained and
paid in thing more can be doue to extricate this road from embarrass¬
a particular manner.
This exemption was claimed under section ment, until it shall be decided
by the United Staten Circuit Court,
12 of the act of December 25, 1852, which provided that the road to which
process is returnable early in July, or by some'other
should be exempt from taxation until it should be completed,
tribunal, as to which is the legal Board of Directors of the Cen¬
opened, put in operation and a dividend declared, after which it tral Vermont.
“

MONTHLY EARNINGS OF PRINCIPAL
»—Central Pacific.—v
1874.

(1,219 m.)
$848,558

Cin, Laf. &

1875.

1874.

(1,219 m.)
$890,(100

(75 m.)

Chicago.

Denv.&Rio Grand

1875

-Illino'S Central.-

1874.

(75 m.)
$33,790

1875.

(120 m.)
20,364
23,660
26,500

804.1141

.402,000

36.537

27.243

8*2,123

1.192,000
1,355,000
1,197,000

36,792
39,902
33,618
31,8T0

30,021
32.710

29.073

32 162

38.083

35,630

1.110,024'
1,311.699
1,366,615
1,286,910
1.322,557

35,126
34.550

1,3(1,739
1,465,515

40,105
44,063

1,314.000
1,150,000

38.687
42.300

$14,231,714

30,328

$453,718

Intemat’nal & Gt N.
1874.

(382 to.)
$139,116

(1(5,896
-

£
S

l
f
1-

.

(672 m.)
$170,319
178,429

101,661
85.255
80,858

1874.

m.)

Oct..
.

183.495
242.033
291.051

$70i),902

543.016

441.623

615,930
683,802

611,211

289,706

685,179

302,318

$103,767

$77,876

86.499

13,864

105,668
09,447

83,023
86,948

91,651

73,467

99.814

.Sept....




"$559~34""

$151,795

$116,542

129.304

9 5.824
104.750

586,188
586,716

151,186
140,334

584.764

100,767

119,910

092.416

130,164
124,395

027,454
711,909

144.173
154,192

758,536
838,307
068,943

146,958
118,868
114,076

680435

(786 m.)

$266,333

148.463

154,499

-—Mobile & Ohio.

--

•—Ohio &

1874.

1875.

1874.

1875.

(736 m.)
$199,080

(517m.)
$293,927

(517 m.)
$196,729

(395 m.)
$266,039

(395 to.)
$24‘), 250

156,174

243.167
304.H42

2(3.624

130.251

109,711

298,665

230,371

195.231

213,348

235,408

214.000

174,968

200.339

'

134.954

'

146,667
120,407

••••••

119.047

282.667

.

324,360

155,202

242,607

•

•

364,374
381,022

•

•

287,845
885,408

309.597

$2,391,019

........

310,903

268,807
292,546

•

116,639

........

280.000

$3,150,725

111.355

136,350
153,784
138,327

1875.

202.801

224,000
237,420
243,000
289,000
334,400

136,661
148,903
153,373
144,812
142,561
141,540
156.835
175,834
174,630

$1,823,115

-—St- L. & S. East.—.

(690 m.)

$206,395
-285,200

.Jail...
..Feb....

49,370
40,207

275.300

258,570

38,980

244.894

..Mar....
A prll..

264,446

55.723

..

$3,632,099

296,013

350,860
-385,000
.

.

/—Tol. Peo & W.-,
.

1875.

1874.

1875.

(358 m.)

1874.

(358 m.)

(248 m.)

(248 m.)

(1038 m.)

$71-437

$620,715

$111,840
99,447
107,971

$84,536
80,087

$96,794
82,354

8 V 00

..

93.997

98,023

..May...

88,558

85,935
73,724

94,569

96,939

July...

92,821

’

..Aug...

110,924

78,837

Sept....
..

.—Union !

1874.

..June..

238,008
235,248
254,230
292,210
353,777

52,812
.

St- L IronMt. &So.
(090 m.)
$250,074
217,368
236,132
230,434

65.800

7.

,

(71m.)
$57 201

50.039

.

45S.15S

(179 rn.)
$133 787

252,700

.

1875.

46.9 80

$1,254,137

$551,534

517,67 4
561,793
586,962
621,013

(D9 m.)
$144,944

313 500

1874.

55,232

109,105
100,445

$583,997

(314 m.)

,

Branches.
1874.
1875.

113.247
127.042

June..

Year..

42,794

112,621

1875.

(344 m.)

.Pec

43.153

101,741

1874.

(1109 in.)

.Oct
NOV...

654,206

S'..Lctts Alton* Terre Haute
(71m.)
$38,607
37,498
44,472
41,093
40,807

..

.

.Aug....

$3,140,954

,

Jan
.Feb..
MareU
.

July...

233,401

1875.

1874.

.

687,703
751,596

1874.

Mo, Kan. & Texas.

.April..
.May...

58!.782®
519.8(2
603.835

1875.

(110'.) m.)

$7,900,720

1875.

$047,416

358.166
275.847

,

Year

.

$102,737

158.294

Main Line.
1874
1875.
(195 m.)
(195 m.)

.

Nov..,
Dec...

(812 m.)

293,247

$1,364,589

une..

July.
Aug...
Sept..
.

(812 -to.)

316.617
316,339

S 147,118
T 176,542
U 10.756

J

—Michigan Cent.—.

1875.

29;*, 113

5105.915

..April..
May...

\

$376,659

(672

..

..

L

29,993

215.774

91,130
76.367
73.^87
75,144
70 495
75,503

Feb..
Mar

:
..

28,823

1874

(455 m.)
$122,575
112.500

„

Jan—

.

35 516

-—Kansas Pac fic—,

1875.

34,102
40,782
35,188
36,498

-It d. Cin. & Laf.->

1874.

(120 m.)
$19,530
19,124
21,287

$39,563

RAILROADS.

118,812
131,865

Oct....
..Nov....

!'Dec..'„
.Year

93.846
84.358
90.718

61,809
72,805
_

..

...

.

607,99U
687,626

620,307

834.955

1,095,815

910,065

1,214,668

902.881
•

•

•

•

,

,

•

•

■

.

.

850,113
1,042,416

107,338

1,063.993

102,912

93,9S5
73,802
68,995

1,141,938
1,000,598
897,159

$1,258,694

$1,063,119

$10,569,8SO

102.608

1875:

918.963

tithe

Exports of Jbeadluer Articles from New York.
The folio wingtable,compiledfrom Custom House
the exports of leading articles from the port of New York

Commercial Cimes.

There has been some further
the

returns,shove
since
all the principal foreign countries,and also the

January 1,1875, to

COMMERCIAL EPITOME.
Friday Night,

5951

CHRONICLE

THE

19, 1875]

June

June 18, 1875.

totals for the last week, and since January 1. The last two lines
show total values, including the value of all other articles besides
those mentioned in the table.

weakening of speculative values

past week, and a corresponding improvement in
; in fact, for this stage of the season legitimate

regular

business
may be said to be very good.
Crop prospects are encouraging,
the Pennsylvania miners are returning to work, and there is on
all sides a disposition apparent to accept Drices for merchandise
trade

that will admit of a free

movement, for export as well as home

consumption. The numerous failures recently reported in Great
Britain, Canada, and the United States seem to have had little
effect, because they were to a great extent anticipated.

Cl TO 03 -2
vf CO if3 T*

growths, while the earthquake in
Maracaibo coffee.
Stocks yesterday were 35,000 bags Rio, 36,000 mats Java, and
21,100 bags and 5,000 mats of other growths. Rice has ruled
firm, and stocks are somewhat reduced. Molasses is depressed
by an accumulation of stocks, now aggregating 6,800 hhds.
Sugars have been weakened by the same cause, but are without
quotable decline.
Receipts past week
Sales past v-eek
Stock June 17, 1813
Stock June i8, 1874

Boxes.

Bags.

Cl CO
CZ5 r-l

1.8*13
3,940

5,157
28,363

41 368
100,993

122,941

195,355

1873-4.

40,207,800
145,391,534

266,812,237

1874-5.

29,174,800

11,028,000

121,9<9,361

23,452,173

190,798,868

76,013,369

.

452,411 571

341,918.029

1

d
-t-

40

O

•

.•

assessc

w co

cici

«T-TrJa6'

dvr

gc-'

co *-*

.
•
•

s

-t-»oo»-*Tr>aio»o»r>ooco
M
t- t- W O CO ff) - OO t- th
'W'l'OnOIrti-offl
CC au
*9i-i
t-i
nm
an d -o'

o

•

O
a

■
•

03

.

.op

■

443

•

*-h

.

o

n

• t-i o
-iHi-

•

c.

■

to

-CO

.Cl 00*0
■OX’)1
• co co o*

of

.-it-, i-

■

-

o*

» eo

o o m ct a

.

*00

—*00

o-. ao

>eo

,Tf3SK10tOf*^0--i-PjeO
OccOcocpmcOOl—eNcDCOO

•

,

r.

•

•»

CO O* QO 33

■

t- © t-

2
•

CO n

•

•

r

* o

03 O* co
.,^00*0
.

• ——-

ao

in

m

CQ

n

j

2

•

CltO

®

nOO

-

co goo
uniTP
.

o o o

J3.S f-cf
£ 3
CQ £5

■

•

t-1-

•

5;

in co

r-T

co

m

.in m

.
•

»m o m
CO O* XI

o n

rn

«*

K O
a

o

PS
f

S'

.

K qQ
^

<V

t- c-

i Cl

rt

•

3

c*

.

m o -91 co *■*

■

oint-mcoctiOTCr-iino
o o m
m cs o ci »r
(XT!3:iOoCtcvCt3K:OCO
“ oaoiOc^ctOrtwioo

cc

co -100 ■©> — * efi
'JOOIOI‘0.0

05^0
O

‘of

til-©

-o' 1

0--'^m©©T*TH>1®r<«

.OOOw-'iO
c; ® Tf -o ®
•

•

o*

CO co

t-

w

.

,c eo
10o
O TO

3rt

03

CO <—1

0330

0 in

I— d

.

o

.—

:2

.GO t-

•
•

5
3
<

®

2-2
^§
o

.

SSS

CO

'•

03

•

c*

.

.

IS S

QQ

CC.

8
t- CO -rt* o» CO
C* —
CD m

n

•

O

00 TJ<

rf r-1-

00 rf eo
.mo®
co -r
.

■443

CO c*

•CO

•

Cl o

co cd -v
m
00

.

cf -11
c- cl

o

-O

•
1

cn

eo 00

.ntD
•
40

of Off

Tjf

(MOO

tc 00

'©ooo«©*o®
.iNaj®C.©(M©®

d t— CO

O

3

to 00

mm

n

.Oeorn—<t-coacot-

.-i t-h d
05 —.00

38 S2

©■»©T!CtHC<0

c®

.0

CD

®oo<nxoi',Mii5ih-©

.

110,493,542

Kentucky tobacco lias been in moderate demand and quoted
firm at 94@12|c. for lugs and 14@25c. for leaf; the sales for
the week embraced 550 hhds., of which 400 were for export
and
150 were
for consumption.
Crop accounts continue
fair.
Seed leaf lias been more active at some decline; tne
sales embrace: Crop of 1870, 210 cases Connecticut; crop of
1872, 21 cases do., on private terms; crop of 1872 and 1873, 45
cases Pennsylvania at 7c.; and crop of 1873, 152 cases New York,
part at 12c., 38 cases Pennsylvania at 2lc..^760 cases Wisconsin,

aToad
co co

•

Mi

Total, lbs

o co

ci

•

10,301
1,349

Decrease.

T_l

rr O

provisions

Pork, lhs
Lard, lbs
Bacon, lbs

-

*

■

the speculation in pork and lard has been
towards lower prices.
In mess pork the business has been
almost wholly for August, and latterly within the range of $19 20
@19 40; and in lard late sales have been at 13£c. for July, and
13fc for August. Beef has been more active. Bacon has further
declined to ll^@ll£c. for long clear. Pickled hams and bellies
have been active at some concession in prices. Butter has been
in good demand for fine qualities.
Cheese I1113 been very active
for export, and is firmer at 8@13c.
Tallow has been active at
8 13-16@b'|c. for prime. To-day, pork sold n-t $19 25@19 30 for
August, and lard at 13&c.@13 3 16c. for July, and 13|-@13 5-16c.
for August.
Western long clear bacon sold at about equal to
life, ariival, and in other particulars the market was without
essential change.
The foreign export movement of the hog
product from Nov. 1 to June 12 compares as follows:
In

Cl ® O to lO

•’-'OaiMM

•
’

*

1,363

..141,133
148,619

--

.

.

OS r-4

Melado.

14.-164
6,010

—

CO

America has caused an advance in

Hhds.

—•
ft
j. t-ri «k- o t--

•

co

Coffee has been active for all

Central

QOOO-H3)iOM'HMOQT)<0®»S'OQCif”t!aO-'05( it-oooo-;
it- fl-tOK'JJ

(MC»00

a)

.rZ

1

••••••

••#..••••

•

co

-r

‘iOCOO
G^GOCO

IO co*

•

QO so

rj-

*

co

CO
l-

<1

CO
CO

OOG>

00

:S3
o'
■®oh
•

part at 7@10c., 122 cases Connecticut and 130 cases Ohio on pri¬
vate terms ; also, 200 cases sundry kinds at 7(3>45c..
Spanish to¬
bacco has remained steady ; the sales were 450 bales Havana at
88c @$1 15, and 160 bales Yara on private terms.
Linseed oil lias remained steady at 64@65c. in casks and bar¬
rels.
Crude fisli oils are quiet but firm. Box herring more ac¬

f—

‘

co

—

oj —
»CO

«5S222
n CO CC TJ<
CO L*

Tj<

-

GO H

CO co

•

»o

•

•

.

10,000 bxs. scaled, ex-vessel, at 30@33c. Hides
have again ruled lower.; dried Buenos Ayres sold at 2Uc. and dry
Montevideo at 22c., both gold.
Whiskey has declined to $1 19£.
During the past week a steady movement has been made in
ocean freights, both in berth and charter room ; the
business in
the latter being mostly in vessels suitable to the grain and
petroleum trades ; rates have been well sustained. Late engage¬
ments and charters were: Corn to Liverpool, by steam, 7d.,
provisions, 40@45s.; grain to London, by sail, 8d. ; do. to Glasgow,
by steam, 7^d.; do. t,o Cork for orders, 6s. 2d. per quarter ; do. to
Lisbon, 16c. gold. Refined petroleum to Hamburg, 4s. 3d.
Case
oil to Smyrna, 37c. To-day, grain to Liverpool, by steam, 7@74d. ;
do. by sail, 7d., and cotton at 9-32d.; grain to London, by sail,
8d., and flour at 2s. 3d. ; grain to Cork for orders, 6s. 3d. ; refined
petroleum to Copenhagen and Cronstadt, 4s. 9J. ; do. to Antwerp
or Bremen,
4s. 3d.; case oil to Corunna, 25c. gold ; refined in
tive, with sales of

,

,

m =>
m o
Cl r-1

•
*

•

eo m
<x c*

I

ct.

•

•

‘

rr

m"

©c

’

1—•

GO CO

.

1

.CJOOcooO

C*
•css
•

03 IT U*
cc m *h

-1

:sj§

a co

iUTt* n
• CO ©3-cJi

c® co ^ co

m co o o
.i-r-inH

:2
S

-

•

•

*****

•

c#

^

~-£>

oot®

-ot-orw

• 50

rH

co as
LO *0

^r-4

00 if B®

o co co >»
d

00^.0
„

-1

;

f. o

O;

i£r{
Cl

t* ©

oprl

rJo

03 C* CD (N
ao
C* —

.<5 ^
&p

f— r-« rl O rr

•

ci

.

.

Cl

03 0* co OC CO 00

:S

in

:8

)

•cot'-dOaoTfco
Cl T CD esc CO CO

cn

.„»-oc-

t-

•
•

-TJ.

'n'

03 ci

®

ed

,

r-i

rv*

i.'*

bbls. to the Continent, at 4s. 9d.
Refined petroleum has been fairly

active, though at a decline,
day there was* a recovery to 12£@l?f3. for June and early
July delivery. Crude, in bulk, on the contrary, has declined,
under a continued dulness, to 6£c.
Rosins have been quite active
during the pas: week, mostly for export, but towards the close
little was done, and quotations declined to $1 70 a) l 80 for com¬
but to

Spirits turpentine has sold pretty well at
this price. Ingot copper re¬
mains steady with sales of 150,000 lbs. Lake at 23@23£c., cash. In
Valencia raisins a good business has been done for export, tlie
sales aggregating 15,000 boxes; quoted at 10c.; layers at $2 25.
Currants at 6c. Turkish prunes at 7i@7£c.
t
mon

to

t-

:

o




o

*«

good strained.

32c, but closes dull and weak at

o

•
•

:5 :
-

II

■

v

o v &
=

; o
—

•

o

pqncqoj«5*g'

OO

'4

|S
E2

*r

g

N

tr

m

v

o

S O

596

THE CHRONICLE.
Imports of Leading Article*.

The

shows
Jan. 1,1875, and for the

period of 1874

same

:

Since

Same

*

Since
'

Jan.1,’75.

China, Glass and
EarthenwareChina
Earthenware.
Glass
Glassware
Glass plate

Metals, &c.—
Cutlery

0,142
17,904
244,209

..

Buttons"
Coal, tons
Cocoa, bags..
ColFee, bags
Cotton, bales
Drugs, &c—
Bark, Peruvian..
Blea. powders...

Iron, Hit. bars...
Lead, pigs
Spelter, Tbs

203,961;
12,iOl

4,253'
2,953;

3 557

12,558

Steel

Tin, boxes

14,701

10.708
749.-219

..

Hardware..

4,832
10,515

12,818
5,230

Tin

9,108

'Rags

1,425

bbls

15,004

2,402
4.325

20,033

Gum, Arabic....
Indigo

2,157
1,800

2.298
2.489

688j Wines,

293

970
654

29.011

value

3,598
1,000
2,145

Hemp, bales
Hides, &c —

67,033

97.828

$771,380 $1011.7(5

>

718

1,511

1,359

388
422,200

455

530,784
601,353

688,910

Cassia

149,957
50,612
257,340
110,045

Ginger

j

Pepper

Saltpetre.
Woods—
Cork
Fustic

390,670
65,443

156,945

134,987

39.570

12,67.3

167,106

145,092

64,059

63 723

time in

1874, have been

as

Savannah
Galveston

Produce.

follows

:

France

,

„

wee t

1874.

1875.

8,463
5,339

56,373
3,522
7,637
9,487
15,116
126,723
32,000

15JS1
7,342
129,825
80,000

250,858

258,820

1,130

5,824.
2,001

^

....

.

.

....

.

.

.

....
-

...

New York...
Other ports*.
Total
Since Sept. 1

....

12.V93
1,539
16,536

....

*

.

Same

week.

Contln’t

4,694

2,001

Charleston...

Slock.

Total
this

....

.

.

.

.

130

.

13,123
1,539

4,694
326,396

1.250
418,903

3,209
1,133

22.490

....

-

1,5(6,771

19,144
2.721,715

| 2,552,070

1874.

56,177

9j49G

10,799

The exports this week under the head of “other ports” include from
Boston
to Liverpool; from Philadelpnia 213 bales to Liverpool.

1,326 bales

[JTW° Our telegram from

New Orleans to-night shows that
on shipboard, and
engaged for shipment at that port, is as follows: For Liverpool,
15,000 bales; for Havre, 11,000 bales ; for Continent, 1,000 bales;
for coastwise ports,
bales; total, 27,000 bales ; which, if de¬
ducted from the stock, would leave 29,500 bales
representing the
quantity at the landing and in presses unsold or awaiting orders.]
From the foregoing statement, it will be seen that,
compared
with the corresponding week of last season, there is an increase
in the exports this week of 4,346 bales, while the stocks to¬
night are 7,962 bales less than they were at this time a year
ago. The following is our usual table showing the movement
of cotton at all the ports from Sept. 1 to J Line 11, the latest mail
besides the above exports the amount of cotton

dateR:

,

BKCKIPT8
SryOB 8KPT.

PORTS.

KXCOUT3D SINOtt 8BPT.1 TO —

1374

New Orleans...
Mobile
Charleston*...
Savannah
Galveston*
New York
Florida
No. Carolina,..
Norfolk*
Other porta....

Total last year.

931,699
317.711

11199,037

| 2U.135
436,722 | 427,0 6
593,382 • 633,210
356,708
88),759
111,526
189,965
.

12.438

....

5 5,157

227,453
8,150
39,709
36,C00
2,496

84,nit
197,66G
26c,700
203,831
321,704

7,839

12.894

100,036
5>,099
402.933
483,303
ib, 14o
| 4i,1<j4

3422,296

Other

1873. Britaln.j France. For’gn

-j

Coast¬
wise
Ports.

1.

Great

Total this year.

receipts of domestic produce since January 1, 1875, and for

same

New Orleans
Mobile.

....

Mahogany

Receipts of Domestic

51,101
46,452
239,427
204,630

’

Logwood

<L

h,xporteu to—
Week ending
G. Brit.
June 19.

1,074,008
5,414.090 6,777,900
164,338
444,187

SpiceSj &c.—

3,825

G2,93C

306.017

1,275,584

..

Raisins
Elides, undressed..
Rice

28,810

Jewelry, &c.—
Jewelry

203,000

1,500,913

,..

Nuts

693

2,021

92,001

30,100

Oranges

479

Ivory

27 123
437.746

113,541

Lemons...

2,853

3,229
18,815

428.457

....

Fruits, &c.—

5,523

820

the

21,726

Fish

2,077

The

20,079

602,929
093,702
45,171

—

Corks.

32,514
20,874

29,541
5,294

Watches
Linseed
Molasses

53,728
79,882

Wool, bales.

24,950 Fancy goods.„

Soda ash
Flax
Furs
Gunnv cloth
Hair

Hides, dressed..

44,739
82,173

Wines

863

11,900

India rubber

1,979

&c—

13,070 Cigars

451

Bristles

396,125

Champagne, bks.

457

1,937
1,295

1,598
2,451
137,755
50,840
94,228
241,478
701,752
41,7-48
49,v 29
487.978
479,085
3,040.643 6,201,283
65,158
58,090

1,232 Articles repoi'ted by

18,713

Same
time 1874

1,1-10

16,629 Tea
11.141 Tobacco
2,001; Waste

Cochineal
Cream Tartar...
Gambier

season.

341,771
1,014,485
522,707
28,627

iSugar, bxs & bags.

11,811

Oils, essential..
Oil, Olive
X)pium
Soda, bi carb—
Soda, sal

slabs, lbs...

710,877 Sugar, hhds, tcs. &

1,802

Madder

2.020

exports for the week ending this evening reach a total
22,490 bales, of which 16,536 were to Great Britain, 4,694 to
France, and 1,260 to the rest of the Continent, while the stocks,
as made
up this evening, are now 250.858 bales.
Below are the’

of

exports^and stocks for the week and also for the
corresponding
week of last

[The quantity is given in packages when not otherwise specified.]

Jan.1,’75. time 1874

The

•

following table, compiled from Custom House returns
the foreign imports of leading articles at this
port since

[June 19,1875.

14,MO
63,624
76,427

Total.

941,746
129,3)8
271,6 )4

149,181

36,377
34,279

122,914

421,614
217,294
368,989

10,967
30,396

417,613

13727,987

1737,719

1

606,925

361,996

33,893

i*,oi5

832,631

5,383

263,105

15,360
67,2! 2
96,373

19,945

1790,235 I 321,702

12*438

55,825
5,933
7,480
9,403
16,709
133,357

2529,530 1257,015

1,050
3,583

j

153,438
1S6.548
164,756
185,881
132,930

Stock.

'2703,631

28,000

1363,597

273,433

*

Under the head of Chnrl^sVm is included Port Royal, &c .; under the head of
Galvestonis included Indianola. &c.; under the head of Norfolk is included City

Point.&e.

!

1

Since

Same

Since

Jan.1,’75.
118,950
3,143
32,592

pkgs.

BreadstulFs—
bbls.
bush.

Flour
Wheat
Corn

4,140|

3,810

pkgs.
) Oil, lard....
1,410,056 1,863,702 Peanuts.
..bags.
6,905,914 18,561,910 Provisions—
8,913,052 10,303,0 8
Butter
.pkgs.
Cheese
3,408,011 4,188,521
..

..

Rye
Barley and malt.
Grass seed.bags.
bbls.
Beans
bu-li.
Peas
C. meal
bbls.
Cotton
bales.

55.105

407,011

Cutmeats.

177,190

972.095
51,40!

583,630
34,354

Eggs

230,222

34,271
222,215

3

Pork
Beef.
Lard
3,003
Lard
110,547!
432,366 Rice
1,874 Starch
921,8981 Stearine...

35,539

06.147

335,097
1,320
921,72!
0,890

Hemp

bales.

Hides

No.
bales.
sides.

1,828,004

Molasses., .bbls.

*1,357

Hops
..

Naval Stores—
Cr. turp. ..bbls.

Spirits turpen...
Rosin
Tar
Pitch

371,074
318,812
211,738
288,894
85,130
14,565
162,475
20,430
11,649
169,598
11,556

.

...

Oats

Leather.

Oil cake....

83,729
1,618
21,508

405,730
380,451

Jan.l,’75.jtime 1874,
Ashes

Same
ti hie 1874

94.580

.kegs.

18,184
160,803
7,050

..hhds.

..

159,300
10,519
35,926
9,549

.

10,057

8,054; Sugar

1,654.779*

Sugar

23,106. Tallow

284

.pkgs.

7.089
86,117

94,836

Tobacco... .hhds.

30,210 Whiskey... ..bbls.

18,636
80,175

45,267
102,251

.bales.

21.697

23,833

Hogs. .No.

46,822

106,793

Tobacco

3,473
25,839
244,138

7,487;

'

.

189,400 Wool

15.794

30.227i Dressed

334

-2,202 j

19,108

COTTON.
Friday, P. M., June 18, 1875.
By special telegrams received to-night from the Southern Ports
we are in possession of the returns showing the receipts, exports,
&c., of cotton for the week ending this evening, June 18. It
appears that the total receipts for the seven days have reached
12,833 bales, against 13,869 bales last week, 11,789 bales the
previous week, and 17,303 bales three weeks since, making the
total receipts since the first of September, 1874, 3.435,134 bales,
against 3,740,150 bales for the same period of 1873-74, showing a
decrease since September 1, 1874, of 305,016 bales.
The details of
the receipts for t lis week (as per telegraph) and for corresponding
weeks of five previous years are as follows:
j

Received this week at—

vNew Orleans ....bales.
Mobile
Charleston

Port

Royal, &c

Savannah
Galveston

Indianola, &c
Tennessee, &c
Florida
North Carolina
Norfolk

City Point, &c....

1875.

j

1873.

1874.

1871.

1872.

1870.

3,828

239
996

239

1,063

1,8*18

1,48*9

171
38

612
42

5,834

1,538

12
498

237

5

5,4-1
1,125

|
1

1,983

6.498,.
1,6 27

1,554

2,216
1,363

201

1,994
522

2,475

93

10

23

8,0;t
i

71

1,009

3.0 iu

3,759

2.9J8

23

5

599

198

\

tlie spot

The sales after

’Change
July, 15 l-16c. for August, 14 31-32c.
for September, 15 7-32c. for March, and 15 9-16c. for May.
Tlie total sales for forward delivery for the week are 205,800
bales, including
free on board. For immediate delivery
the total sales foot up this week 7,446 bales, including 5,044 for
export, 2,323 for consumption, 79 for speculation and —* in
were

at

ing

are

14 31-32c.

for

Of the above,

— bales
the closing quotations :

were to

arrive.

2,614

73

2,161

on

further considerable decline.

and l-16c. down for the later months.

1,228

1,851
8,710
3,522

‘

3,966

5.774
1,334

3,273

b59

2,237
73
231

1,176

12,833

12,163

19,672

11,833

24,046

15,526

3,740.150

8.4*5,831

2.S73.H45

3.845.176

2,800.478




lias been dull the past week, and prices
Quotations were marked
down £c. on Saturday, up £c. on Monday, down £c. on Tuesday,
and down again £c. on Wednesday, with yesterday
ruling com¬
paratively steady at a decline of $c. from last Friday. Many
important failures in London and Manchester, favorable crop
accouuts, and tlie confirmation of the estimates of an increased
acreage planted in cotton this year, were tlie more conspicuous of
the depressing influences.
There was very little doing after
Monday. To-day, prices were further reduced £c., and there was
an increased demand for
consumption. For future delivery, the
market has been very excited, with sharp fluctuations. On Mon¬
day a very buoyant feeling prevailed, and on Wednesday morn¬
ing there was a semi-panic, under tlie influence of which prices
declined to 14 15-16c. for July and September, 15c. for
August,
14 9-16c. for October, 14^c. for November, 14 17-32c. for Decem¬
ber, 14£c. for January, 14 13-16c. for February, 15 l-32c. for
March, 15 5-16c. for April, and 15^c. for May. These prices were
followed by an irregular reaction, in the course of
Wednesday
afternoon and Thursday.
The decline has been most decided in
tlie Autumn months, which it is understood were pressed for sale
on Southern account,
greatly discouraging operators for the rise
which it lias been thought should follow the late decline.
To¬
day, the market opened weak under a further decline at Liver¬
pool, and reports of failures at Manchester, and though some re¬
covery was made, tlie close was -J-c. down for the early months,
a

transit.

l.Ofl

Total since Sept.l... 3,435,134

Total this week

Cotton

show

New Classification.

Ordinary
Good Ordinary
Low

peril).

■'

12%®....

74

14

14fc®....

Middling

14%®....
15%®....
15\@....

15%®...
15%@....
16>k®...

Middling
Good Middling

Middling Fair
Fair....7

12%®..

....

New
Orleans.

Alabama.

Uplands.

.

Texas

;

12*®...
14%®...

1231®....
14%®....
15%®....
15%®....

®....

16%®,...
16%®....

The follow¬

-

15%®...

16

16

®....

16%@....
17%®....

15%®....
®...

16%®...
17%®...,

Below we give the sales of spot and transit cotton and prioe o
Uplands at this market each day of the past week :
-'•*

iti

J

„

00 1900.02150.,..4220260. 14
4.50529
0
Con-

New

Specuia’n

Tran¬
sit.

Total.

0..00919.31489180 .1322..9
080
Exp’t.

sump.

the rainfall reaching one inch and
thermometer has averaged 76, the

PBIwKs.

SALKS.

Classification.

597

THE CHRONICLE

19, 18?5.]

June

LOW

Good

Mid

Ord’ry Ord’ry. Midl’g. dllm

eighty-nine hundredths. The
highest being 90 and the lowest

60.

Memphis, Tennessee.—The weather the past week has been warm
rain having fallen. The crop is developing finely.
15
12%
953
"3
400
550
Tuesday
14%
Vicksburg, Mississippi. -There has been no rain, but warm and
402
12%
200
202
Wednesday
15%
14%
424
12*
174
200
dry weather all the week. The fields are well worked and free
15%
Thursday
14*
14
12%
26
1,422
901
495
from weeds and grass, aud the plant is in a strong and healthy
Friday
condition. Blooms are reported. The thermometer has averaged
7,446
79
2,323
5,044
Total
85, the highest being 86 aud the lowest 84.
For forward delivery the sales (including
iree on board)
Columbus, Mississippi—It has been warm and dry here all the
have reached during the week 205,800 bales (all low middling or week, the thermometer averaging 79, the highest being 86 and the
on the basis of low middling), and the following is a statement of
lowest 73.
There are no receipts of cotton here this week. Our
215

2,549
1,050

Saturday
Monday

441

....

.

0 3.

13

the sales

and prices

100

400

100

For

15 5-16

14 31-32
15

15 1-32
15 1-16

810
800

14%

15%

15,400

15 5-32

900

15 1-32

900

1,500

15 1-16
15 3-32
15%

2,700

14%
14 21-32
14 23-82
14 13-16
14 21-32

15 11-32

15%

1,000

400

600
I0J
It'0

200

200

...

1,600

22 200 total Oct.

For November.
300
14%

15 5-16

1 500

15 11-32

The

15 1-32
15 1-16
15%
15 5-32
15 8-16
15 7-82

500
200
700
700

14%

14 29-32

.

..

February.
14 15-16
14 27-32

200

following exchanges have been

15%
15 15-32

600
300
300

15%

5,900 total March.
For

Ap:il.

3,600 total April.
For May

15%

300
S00

15 9 16
15 19-32

400

700
4(H)
700

2,cC0 total

Mobile, Alabama.—We have

had

one

day showery this week,
inch. The

only eight hundredths of an

but the rainfall was
balance of the week
needed.
The crop is

lias been warm and dry. Rain is now
developing promisingly ; but we hear some

complaints of lice and grasshoppers. The first cotton bloom was
reported in Munroe County, Alabama, June Sth. The thermome¬
ter has averaged 83, the highest being 95 aud the lowest 69.
Montgomery, Alabama.— The weather the past week has been
warm and dry, the thermometer averaging 85, the highest being
99 and lowest 66.

had no rain the past week, the
The crop is developing promis¬

Selma, Alabama.—We have
being warm and dry.

weather

ingly, but is beginning to need rain. Average thermometer 83,
highest 99, lowest 62.
Madison, Florida.—It has been warm and dry here all the
week, except on one day, when we had rain. Cotton is develop¬
ing finely, and looks healthy and strong.
[Portions of our instruments were broken on their way to Florida and have
not yet been replaced.
Hence the delay in beginning reports from Madison,
and the present omission of figures for iliermometer and rainfall.—Ei>.
Chronicle.]

15 5-16
15%
15 13-32
15 7-16
15 15-82
15%
15 19-32

S00
200
100
7 0
800
800
700

..

For
400

15%

15 9-3 i

1,100

For October.
10,200 total Dec.
400
15 5-16
400
li 9-16
15 11 32
2,'OJ
400
11 19-32
For January.
15%
1.1H)
14%
700
11%
2.900
11 21-32
..14 21-32
...005.3
53,400 total July.
14 IMS
.14 11-16
1 200...
300
14 23-32
11 23-32
200...
For August.
..14 13-15
14%
..001.1
14 15-16
100
5t!0
11 .5-82
14%
1,300...
100
14 31 32
500
14 13-16
..11 29 32
..004
2,400
15
14%
1.0J9
..14 15-16
1,000...
15 1-32
.14 31 32
14 29-32
...006
15 1-16
6,’.00
.14 15-16
15
300
2 300.
5.100
15 3-32
1.6 JO
14 31-32
15 1-32
1,000...
4,800
15%
...15 1-16
15
400...
2,000
15 3-82
S00...
15 1-32
15 3-16
2.300
15 1-.6 13,500 total Jan.
2U0

15 7-32
15%
15 9-32

15

600
300
100

-

14 13-16

2,500

2,700

33,200 total Sept.

For March.

3.-32

14 19-32
11%
14 21-32
14 11-16
14 23 3 2
14 25-82

15 1 32
15 1-16
15 3-32
15%
15 7-32

5,300 total Feb.

14 9-16

1,100

15 5-16

100

14%

14 29 32
14 15-16

15

1 500
600
100
100
100
600.

For December.
700
14 17 32

15%
15 9-52

15 3 16
15 7 32
15%
15 9-32

...14 15-16

7,200 total Nov.

15 7-32

1,200
4,8(K».
3,000

1,500

500

15 3-16

15 5-32

cts*
14 29-32

1,200

13 3-32

900

1,500
1,0 JO

200

U 15-16

2,700

.14 29-32
14 15-16
.14 81-32
15

2,:0t)
8,000
2,300

September.
14 29-32

4 4JO

2,400 total June.
For July.
200

300
200
500
100
200.
600

61.100 total Aug.

15 11-32

bales.

14 17-32
14 9-16
It 19-32

1,300
1,200

15%

15%

100

15%
15 13-3 i
15 7-16
15 15 32

3,400

15 5-32

s.

stock is 50 bales.
ct*.

bales.

cts.

1,500
2,700

14 29 32
n... 14 15-16
14 15-14
15 1-32
15%

200
100
100

....

and dry, no

:

bales.

For June,
bales.
cts.

15%
15%
15%

....

....

....

....

15%

15%

14%
14%
14%
14%
11%

12%

2,764
1,431

15

15%
15 11-16

15%

Mav^

made during the week:

Macon,

Georgia.—There has been no rain during this week.
averaged 84, the highest being 98 and the

The thermometer lias
lowest 70.

Georgia.—The weather lias been warm and dry all the
cotton plant

Atlanta,

We are suffering from drought, though the
week.
looks strong and healthy.
Average thermometer
aud lowest 73.

SO, highest 94

Columbus, Georgia.—The weather has been warm and dry
through the week, and we are now needing rain. The ther¬
mometer has averaged 85, the highest point reached being 96
and the lowest 70.

Savannah, Georgia.—Rain fell on one day the past week to the
thirty hundredths of an inch. The davs have been

extent of
warm

and the

nights cold.

Average thermometer 82,

highest 99

and lowest 73.

%c. pd. to excli. 100 Sept, for Aug.
%c. pi. to exeb. 100 Sept, for Aug.
1 00J Sent, for July, cvea.
100 June for July,‘even.

was a heavy rain one day the
rainfall reaching fourteen hundredths of an inch ;
the rest of the week, however, was pleasant.
Crop accounts con¬
The following will show the closing prices each day for the tinue favorable. The thermometer has averaged 82.
Charleston, South Carolina.—Telegram not received.
several deliveries named:
The following statement we have aleo received by telegraph,
GLASSIFICATION—LOW MIDDLING UPLANDS.
Frl.
Thurs.
Wod.
showing the height of the rivers at the points named at 3 o’clock
l'ues.
Moil.
Sat.
Frl.
15
15%
15%
1:5%
15%
15%
this afternoon (Friday, June 18).
15%
On spot
We give last year’s figures
14 23-32
15 1-32
15 15-16
15 5-32
15 11-32
15 3-16
15^
J aue
14 15-16
15 1-16
15 1-16
15 5-32
15 11-32
15 7-32
(Friday, June 19,1874) for comparison :
15 3-16
July
15 1-32
15 3-16
15 5-32
’74.—,

Augusta, Georgia.—There

0

past wetk, the

OLD

August

...

15 11-3J

NSW

On

spot

September
October

November
December
January

February
March

April
May
Gold
Exchange
Sales spot
Sales future...

15%
.15%
15

H%
14%
14
15
15
15

23-72
1-1C
7-32
9-16

15*
116*

15%
15%
15 9-32
CLASSIFICATION—MIDDLING UPLANDS.

15%

15%

11-32
1-32
29-32
23-32

15 4-32

1-32
7-32
13 32
19-32

14%

15
14 21-32
14 9-16
li 17 32
11 11-16
11 27-32
15 1-32

l'>%

15%

15%

15%
15%

15
15
14
11
15
15
15
15

15 11-16

15*

14 31-32

24% ■
11%
15
„

„

t

116*

4.85%
1.468
50.500

-

4.85*
2,761
38.900

116%

4.85*
1,481
2 vM)

14%

ii

13.-16

15
15 7-32
15 7-16

15%
116*
4.85*

15%
15 9-16
117

4.85*

.-June 18, ’75.—,
Feet.
Inch.

15%

15%

15 I-IG

14

11*
1 !%

14%
14
14
15
15

11-16
29-32
3-16
5-16

15%
117%
4 85*

953

402

424

32,700

86,300

4'.,200

„

15-16

14%
14 17 32
14 9-16

14 21-32
14 15-16
15 5-32
....

15 9-16

L7%
4M>*
1,422
23.500

4

high water mark....
....10
Memphis.......Above low-water mark
New Orleans..Below

Nashville1..,

Above low-water
.Above low-water

...

Vicksburg..

..

New Orleans

/—June 19,
Inch.
Feet.

reported below liigh-water

0

2

32

mark
mark

9

mark of 1871 until

Sept. 9, 1874, when the zero of gauge was changed to
mark of April 15 and 16, 1874, which is 6-lOths of a
1871, or 16 feet above low-water mark at that point.
Acreage Reports and the

11

13
2

0

high-water
foot above

Agricultural Bureau.—Three

we had the
Tel.egra.ph.—The weather the past statements of the Cotton Exchanges ; next First Chronicle’s
ths
week has continued generally favorable for the development of report; and this week the estimate of the Agricultural Bureau.
the crop; but our reports show that in many sections rain is now Our readers may find it of interest to see together the result
reached by each of these authorities in the different States, and
greatly desired and would be of much benefit, though none of our we have therefore prepared the following. We should say, how¬
correspondents, we think, report any suffering for it as yet. ever, that for Arkansas, Mississippi, Alabama and Tennessee the
Blooms are reported at many points.
figures given for the Cotton Exchanges are, of course, necessarily
Galveston, Texas.—We have had warm and dry weather all in each case our deductions from reports of two or more Exchanges,
as the Exchanges make no averages for those States entire.
the past week. Rain is now generally needed, but not badly as yet
States.
"Chronicle.
Cotton Exchanges.
Agricultural Bureau.
Cotton continues to look strong and healthy. The thermometer Texas
9 per cent increase. 9 per cent increase. 8 per cent increase.
Louisiana... 4 per cent increase. 4 per cent increase. 1 per cent increase.
has averaged 83, the highest being 95 and-the lowest 75.
2
4
cent increase. 1 per cent increase. 4 per cent increase.
Indianola, Texas.—There has been no rain this^veek, and it is Mississippi... fi per cent increase. No change.
per ceut increase.
Alabama
per
1
per cent decrease.
needed somewhat, though the condition of tliecropsls good. The Florida
2 per cent increase. 2 per cent increase.
4 per cent decrease.
thermometer has averaged 82, the highest being 93 and the Georgia
3 per cent increase. No change.
6 per cent increase.
Weather Reports by

reports of acreage

.

lowest 73.

Corsicana, Texas.—The weather has been warm the past week,
and we have had no rain. Crop prospects continue favorable, but
rain is now wanted.
New Orleans, Louisiana.—The weather the-past week has been

dry, the thermometer averaging 83.
Shreveport, Louisiana.—We have had no rain
and good showers would now be very acceptable

warm

and

have now been issued.

...

No change.
5 per cent increase.
5 per cent decrease.
No change.
All others.... No change.

S. Carolina.
N. Carolina
Tennessee
Arkansas

.

..

...

Total acreage.
Total acres...

3% per ct. increase.
9,251,471

X per cent decrease.

5 per cent increase,
8 per cent decrease.
No change.
No change.

2 per cent increase,
8 per cent decrease.
1 per cent increase.
No change.

1 per cent increase. 1 to 2 per ct. increase.
9,048,518
9,076,844

the past week,
The most striking feature of the above comparison is the per¬
to the farmers. centage for Georgia and South Carolina. Thus the Agricultural
Crop accounts are, however, favorable, and the fields are well Bureau gives South Carolina at 6 per cent, increase, while the
cleared of weeds and grass.
The thermometer has averaged 87, Cotton Exchange put9 it -$■ per cent, decrease, and our report is
the highest being 103 and the lowest 72.
“no change” from last year. * On the other hand, Georgia, we
Little Rock, Arkansas.—There has been no rain the past week.
averaged 3 per cent, increase, while the Cotton Exchange reports
The crops are in excellent condition in this section, but are need¬
no change” from last year, and the Agricultural Bureau gives 4
ing some rain in portions of the State, though there is no suffer¬ per cent, decrease.
ing for it as yet. The thermometer has averaged 81, the highest
With regard to condition it is not necessary for us to repeat our
being 92 and the lowest 66.
NaihviUt, Tennessee,-—It has rained here on four days this week) flguree of last week, We give, however, the Agricultural Bu*




“

598

THE CHRONICLE

reau’s statement of this
three previous years.

week, adding their report for June of the
Jane.
1874.
1873.
90
86

,

1875.
96
95
100
101
94
91
97

Texas

Louisiana

Mississippi
Alabama

Florida

-

Georgia
South Carolina
North Carolina
Tennessee

92
99
90

Arkansas...

70

94
92
93
102
94
88
85
90
92

78
82
90
80
81
89
85
90

.

»

1872
100
104
100
105
95
96
92
96
101
93

(June 19. 1875.

in

our record, that of 1871-2, when it was 9710
per cent as given
above, then the total port receipts for 1874-5 will be 3,502,000
bales, which, with 350,000 bales added for overland and Southern
consumption, would make a crop of 3,852,000 bales.

Bombay

Shipments.—According to our cable dispatch received
to-day, there have been 37,000 bales shipped from Bombay to
Great Britain the past week and 5,000 bales to the
Continent,
while the receipts at Bombay during the same time have been
26.000 bales. -The movement since the 1st of January is as
follows. These are the figures of W. Nicol & Co., of Bombay,
and are brought down to Thursday, June 17:

We have never been able fully to understand what the unit of
Shipments this week—» ^-Shipments since Jan 1—*•,
Receipts—,
Great
ConGreat
ConThis
Since
comparison is in these reports; in 1873 it was spoken of as the
Britain, tinent. Total.
Britain, tinent. Total.
week. Jan. 1.
annual averagelast year it was called “ tlie normal or fair 1875
37,000
5,000
42.000
632,000 379,000 1,061,000
26.000 1,197,000
condition
but this time it is stated to be (that is to say 100 1874
1,000
7,000
8,000
667,''00 329,0u0
996,000
13,000 1,174,000
1873
23.000
1,000
24,000
582,000 172.000
754,000
15,000
894,000
represents) a “ crop of fall vitality and normal growth in all
From the foregoing it would appear rthat compared with last
respectsPerhaps our readers, in these explanations, may find a
key to the above. At all events, by looking at last year’s figures, year there is an increase of 34,000 bales this year in the week’s
they will be able to conclude that the present crop has, in the shipments from Bombay to Europe, and that the total movement
opinion of the Bureau, considerable “ vitality”—in Alabama the since January 1 shows an increase in shipments of 75,000 bales
growth is above " normal” and above “ full vitality.”
compared with the corresponding period of 1874.
-

"

Monthly Movement of Crop.—Below we give our statement
monthly movement of the crop brought forward to June 1.
To reach the figures for the past month of this year we take the
total in our table of mail returns of June 5 (3,396,636 bales), which
table brings the figures down to, and including May 28 ; to this
of the

total

we add 4,226
bales, the receipts (according to the Cotton
Exchange circular) for the remaining days in May, which shows
the arrivals at the ports to June 1 to be 3,400,862 bales.
If, now,
we deduct from this the arrivals up to May 1 (3,319,082 bales) we
have remaining 81,780 bales as the receipts for May, 1875, against
127,346 bales in May, 1874, &c.
MONTHLY MOVEMENT

OP CROP.

Year leginning September 1.

Monthly Receipts.
1874.

October

1872.

134,376

September

1873.

115,255

181,744
444,063
53 >,153
521,975

536,963
676,295
759,036

November
December
Total to Jan. 1

355,323
576,103
811,668

1871.

82,073
329.449

461,509
520.274

1870.

1869.

123,317
355,099
514,142
625,714

153,904

January

2,550,727 2,560,517

2,253,305!

482,688

462,552

381,321

February

1,885,551 2,275,555
346.594

608,58

Visible Supply of Cotton as Made up by Cable

graph.—Below

’

we

give

.

March
Total to

2,931,051 3,043,205 2,715,877 2 232,145 2,884,142 2.147,861
208,083
251,433
332,703
309,307
428,107
246,524
3,185,484 3,375,908 3,025,164 2,140.228 3,312,249 2,391,338
173,986
133,593
276,568
118,879
135,977
193,540

April 1

April

our

May

3,319,082 3,549,891 3,244,013 2,576,205 3,538,817 •2,587.928
8!,780
127,34ii
77,867
173,693
193,030
177,995

Total to June 1....

3.409,8*2 3.6.7.216 4,417,736 2,654,072 3.781,847 2,765,923

May 1

Stock

1873.

942.000

378,000

135,250

173.250

1,1!:,250

Total Great Britain stock

1874.

1,003,000
103,250

tockat Liverpool
Stock at London

Stock at Havre

Total to

Tele¬

by cable and telegraph to night.

1875.
Total to March 1...

and

table of visible supply, as made up
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
1,355,423 brought down to Thursday evening; hence to make the totals the
420,123 complete figures for tonight (June 18). we add the item of
1,775,546 exports from the United States, including in it the exports of
CTiday only.
372,3*8
333,601
367,813
500,105

2,106,675 1,858,349 1,683,875 1,393,305 1,648,272
444,052
702,16S
569,430
492,216
627,281

Total to Feb. 1

Gunny Bags, Bagging, &c.—There has been rather more
inquiry for bagging from the South during the week, and dealers
look for a good demand in a short time ; not much business has,
however, been transacted, as holders and buyers are still apart in
their views.
Sales are reported of 3,0D0 rolls and half rolls at
12f(a)13c. cash in Boston, and 13c. cash, 131c. time aud interest,
here, the market closing at 13c. cash, 134c. July, 13|c. August,
14c. September.
India bales quiet at 9f §10c cash. Borneo 131c.
cash. Stocks of butts are reduced to 5,800 bales Here and 1,500 in
Boston, with prices held at 2|§)2 15-16c. cash and time here, and
2f@2|c. cash and time in Boston. To arrive 21c. gold in bond is
asked, 2|c. gold duty paid for paper, 2fc. gold duty paid for bag¬
ging quality. Arrivals are very small, and as but few lots are
expected to come for some time, it is expected that higher prices
may be obtained.

1,077,250
160,500

1,051,250

14,000
73,000

18.O0C

164,500

Marseilles

8,750

Stock at Barcelona

81,250
14,750

at

Stock at

Hamburg

138,000

56,750
39,000
57,500

22,250
42,000
83,250

Stock at Bremen
Year’s port
Overland
Southern

128,526

consumption

Year’s total crop

,732,286 4,032,154 2,911.121
122,065
120,GOO

223,923
91,240

153,825
90.000

4.170,388 3,930,508 2,974,351 4,352,347 3,154,946

—

Percentage of total port

ceipts received Jan. 1
Percentage of total port
ceipts received Feb. 1
Percentage of total port
ceipts received March 1
Percentage of total port
ceipf* received April 1..
Percentage of total port
ceipts received May 1
Percent ge of total port
ceipts received June 1
Percentage of total crop

re¬

48-84

46 11

50-99

40-87

67-30

6171

69.01

56-43

74-38

81*69

88 74

82-85

89 31

93 31

88-84

94 28

89-00

93 60

97-10

93-79

558,750

European stocks
Europe

1,489,250

1,573,000

1,610,000

India cotton alloat for

597,000

663.000

496.000

222.000

240.000

279.000

67,000

73,000

G 7,000

230.853

258.820

2004S2

25,606

2,000

46,381
6,000

43,100
2,000

2,653,714

2,870,201

2,697,583

Total visible

95-01

Of the above,

lows

42‘&3

46-84

37-87

42-96

...

supply

the totals or American and other

descriptions

:

are

as

fol*

-

American—

Liverpool stock

597,000

502,000

399,000

56 27

Continental stocks

191,000
222,000

68.07

American afloat to Europe
United States stock

296,000
240,000
258,820

United States interior stocks

25,605

46,381

237,000
279,000
200,482
43,101

United States exports co-day

2,000

6,000

2,000

1,283,464

1,349,201

1,160,583

re-

57-32

63 42

52-28

75-37

69-09

75-04

66-26

80-94

76-96

82-04

7610

75-89

85-12

82 53

86-61

8 2-43

82-02

..

250,858

•

re¬

crop re'

ceived June 1

bales.

Total American
East Indian, Brazil, &c.—

8817
Jan. 2.

86 95
Jan. 8.

8923
Dec. 29.

8 6 89
Jan.

87-67

18.

Jan. 8.

I,909,95; 1.822,525 1,375,784 2,011,601 1,454,908
received... Jan. 11. Jan. 16. Jan. 5. Jan 26 Jan. 18.
On which day receipts were... 2.081,1 If 1,978,161 1,486,893 '*2,16 >,‘29f 1,575.389

|

We have also worked out and added to the above table the

percentage received at the ports up to June 1 of each previous
year’s total port receipts and total crop. Taking the five years
togather, the average receipts at the ports to April 1 were 95 25
per cent of the year’s total receipts at the ports.
If we should
apply this average to this year, the total receipt's at the ports
would be 3,570,000 bales ; adding then 350,0J0 for overland and
Southern consumption, we should have a crop of 3,920,000 bales.
Or it we consider that this year’s movement up to this month i.<
represented by the largest percentage of port receipts of any year




495,750

91,000

8S-89

re-

Half the port receipts received
On which day receipts were...
Half the total crop

378,000

United States exports to-day

61-39

crop

89,000

Stock in United States ports
Stock in United States interior ports

Percentage of total crop re-

Percentage of total
ceived May 1
Percentage of total

32 OOP

Antwerp

82-25

82-14

9G66

Percentage of total crop receveri April 1 ....

13,500
53,000

Stock at

Egypt, Brazils, &c., afloat for Europe.,..

re¬

ceived March 1...

37,500

73-78

75-23

re¬

44-56
crop

60-99

re

ceived Feb. !

29,250

Stock at other continental ports

10,0»0
4,250
15,000

American cotton afloat for Europe

79-99

'.

Stock at Rotterdam

Total

re¬

...

38,250

41,250

46-56

re¬

ceived Jan. 1

Percentage of total

137,662

l

Stock at Amsterdam

Total continental stocks

3,804,29b 3,651,346
237,572
141,500

receipts.

Liverpool stock

406,000

44C.OOO

479.000

London stock

133,250

173,250

Continental stocks

108,250
187.000

199,759

321,750

India afloat for Europe

597,000

668,000

67,000

78,000

496,000
67,000

1,288,464

1.521,000
1,319,201

1.537,000
1,160,583

2,870,201
8&d.

2,697-583

Egypt, Brazil, &c., afloat

..

Total East India, &c
Total American
Total visible supply
Price

..bales

Middling Uplands, Liverpool.......

2,653,714
7 7-lGd.

8^@9i.

These figures indicate a decrease in the cotton in sighr to¬
night, of 216.487 bales as compared with the same date of 1874,
and a decrease of 43,869 bales as compared with the correspond¬
ing date of 1873.

June 19,

Interior Ports.—Below we

Movements op Cotton at the

give the movements of cotton
shipments for the week, and

ponding week of 1874:

at the interior ports—receipts and
stock to-night, and for the corres¬

18,’75-* —Week ending June 19,*74.—*
Receipts. Shipments. Stock. Receipts. Shipments. Stock.

/—Week ending June

Ham-

men.

burg.

New York....
New Orleans.

....

•

.

.

1,902

Savannah

•

4 871

•

•

282

852

11,710

58

773

2,652

1,959

45

540

2,511
596

115

81,516

51

1,019

90

112

59

652

237

871

1,734

8,681

999

10,551
4,967

1,289

59

Total, old.
Shreveport

190

336

19,277
6,476

4,497

25,606

2,191

7,165

46,381

76

126

185

805

517

296

890

..

909

48

955

4,253

264

87S

8,374

1,900

6,031

943

1,421

11,699

2,052

2,931

11,319

1,140

3,400

21,480

,.T 2,739

7,428

36,925'

3,631

10,565

67,861

127

Atlanta

Louis
Cincinnati
3t.

Total, new.
Total, all.

•

•

287

..

:.

* On recount of stock at
stock.

•

•

Memphis this week, 699 bales were

added to the

this week from New York show a
decrease, as compared with last week, the total reaching 13,123
bales, against 14,378 bales last week. Below we give our usual
table showing the exports of cotton from New York, and their
direction for each of the last four weeks; also the total ex
ports and direction since Sept. 1,1874; and in the last column
the total for the same period of the previous year.
Exports of Cotton (bales) from New York since Sept. lt 18T4
Total
EXPORTED TO

year.

June
9.

June
16.

date.

2.

14.089

10.528

2,465

329,816
4,881

12,993

334,697

26.

6,594
2,416

15,055
Ports

period
prev’ue

June

May

....

15,055
831

....

14,089

9,010
331

ports

831

•

•

•

•

•

'

•

•

•

1,701

8,633
19,655
4,043
3,238

89,461

26,936

10
55

130

2,647

....

•

•

6,932

19,226
17,391
2,844

••••

289

....

Ail others

395,829

7,889

i30

95

432

600

Spain,Oporto A Gibraltar Ac

194

-

297

....

Total to N. Europe.

-

....

....

....

....

135

600

Hamburg
Other ports

•••

25

2,672

382,112

13,123

14,378

9,773

16,486

65

484,070

....

....

....

....

Grand Total

the wreck.

following are the receipts of cotton at New York. Boston,
Philadelphia and Baltimore for the last week, and since SeDt.1/74:

bboe’ts promThis

Since

week.

Sept. 1.

936

$108,099

1,562
1,074

57.483

Mobile

.

107,747
1,270

2
568
350
520

115,005
58,881
149,901

5.407

This
week.

BALTIMORE.

This Since
week. Septl.

This Since
week. Septl

Since

Septl.

2,033
•

•

•

.

1,218
....

....

•

•

•

•

....

34,927
14,150
41,304
19,022
....

23,015
41

152
875

71,595
66,829
1,456 37,601

....

.

.

.

....

...

.

.

•

5,766
4,184
14,441
•

•

....

•

•

•

...

5,676

....

....

....

....

638
.

.

.

.

.

.

17,181

.

...

....

1
143

-

.

13,245
148,673

438

2,642

Total this year

9,622

768,353

5,734 308,62!

123

61,407

892 116,278

Total last year.

8,724

805,162!

3,843 312,055

2,334

39.377

....

37,541

130

1,045

2,885

2,465

-Liverpool.

*

June 11, 500 bales cotton

d.

..@11-32

Monday....

..@11-32

..@9-32

Tuesday...
Wednesday
Thursday..
Friday.

..@11-32
..@11-32
..@11-32
..@11-32

..@9-32
..@9-32
..@0-32
..@0-32

Saturday

..

...

t
c.

c.

c.

c.

#comp.

#comp

X
X
%

..@9-32

Steam,

Steam.

c.

c.

/—Hambur

Bremen.
Sail.

,

Steam. Sail.

Sail.

Steam.
d.

#comp

X
X

..

#comp.

#comp
#corap

..

#cnrap.
#comp.

#comp.

#comp.

....

#comp.

#comp

X

M.—By Cable prom Liverpool.—
Sales of the day were 10,000
bales, of which 1,000 bales were for export and speculation.
Of today's sales 6,000 bales were American.
The weekly move¬
ment is given as follows :
June 18.
June 11.
June 4.
Liverpool, June 18.—4 P.

dull to-day.

Sales of the week

Forwarded
of which

speculators took

.....

Total stock.
of which American....
Total import of the week.
of which American
Actual export
Amount afloat
of which American

.

7,000
8,000
1,003,000
597,000

..<2>7X

..@7X

Orleans.

1,002,000
608,000

67,000

86,000
49.000

21,000
4,000

5,000
526.090

185 000

Tnes.
7 9-16

Mon.
7 9-16

Satnr.
7 9-16

Mid’g Uplands

1,000

16i,000

table will show the daily closing

The following

do

...

4.000

5.000

5,000
563,000

12,000
490,000
154.000

...

6,000

3,000
970,000
585,000
59,000
19,000

41,000

....

50,000

5,000

3,000
4,000

....

58.000

53,000
6,000

.

exporters took..

May 28.
48,000

,les.
bales.

559,000
155,000

prices of cotton for the week
Thurs.

Fri.

•@7*

..<§>7#

7 7-16

7 11-16

7 11-16

..@7#

Wednes.
•

Markets.—In reference to these markets
correspondent in London, writing under* the date of June
5, 1875, states:
Liverpool, June 3.—The following are the prices of middling
qualities of cotton, compared with those of last year:
European Cotton

-Fair A

-Ord.AMid-

g’d fair-

....

Shipping News.—The exports
the past week, as per latest

137

•

•

•

....

•

123
....

31,340
....

....

110
....

.

,

20

17
18
23
20
17
16#
18
15#
G.Mid.
Mid.
G.Mid. Mid.F. Mid.
Ord. G.Ord. L.Mid.
8 7-16
8X
8#
7%
81-16
7#
7X
Upland.. 7
8 7-16
8#
8#
7 15-16 8 3-16
7 11-16
Mobile... 7
7X
6 9-16
7 15-16 8 3-16
7 11-16
Texas
7
7X
8%
9
8#
8 1-16 8#
7 13-16
7#
N.Orl’ns. 7X

Since the commencement

M.F.
9
9
.

r-Takenun spec, to
1874.
1875.
bales.
bales.

7,840
...

this date—*

W.

Ac. 55,780

680
33.980

204,640

178,500

104,090

India, Ac.

B. India

Total

of cotton from the United State*

of all vessels cleared up to

night of this week.
Liverpool, per steamers Algeria,

Wednesday
Total baleg

150—City of Paris,

939....Adriatic, 340....Spain, 2,350....per ships
3,296
Lady Laurence, 3,453
To Cork for orders, per bark Helen Angier, 2,465

Lord Canning,

10,528
2,465

130
1,332
upland.... Wahsatch, 1.670 upland
4,871
Savannah—To Liverpool, per bark Colnmbns, 1,902 upland
1,902
Texas—To Liverpool, per steamers Australian, 5,032....San Jacinto,
1,712 ...per ship Algoma, 4,010
10,754
Baltimore—To Liverpool, per steamer Nestorian, 835 and 27 bags
8*2
To Bremen, per steamer Braunschweig, 1,045
1,045
Boston—To Liverpool, per steamer Atlas, 1,152.
1,152
Philadelphia—To Liverpool, per steamer Illinois, 115
..
115
To Hamburg, per steamer Pommerania, 180
New Orleans—To Havre, per brig Carmela, 717— per
Mobile—To Liverpool, per schr H. L. Whiton, 1,332
Charleston—To Liverpool, per barks Yuba, 3,201
’

schr Anna, 1,608. 2,385

87 541

1,640

Liv., Hull A other exp’tfrom
U.K.in
outports to date—*

1874.
bales.

1875.
bales.

1874.
bales.

56,963

105,130

9,124

39.980

2,402
8,096
97,469

4,920

12,240
2,100
35,060

Egyptian. Ac. 10,470

Actual

/—Actual exp. from

12,685

*

15.990

on

38,541

1873.

bales.
62.530
1.980

113,110

American.... 131,910
Brazilian
4,810

9#

ol the year the transactions

speculation and for export have been :

.

mail returns, have reached 37,541
bales. So far as the Southern ports are concerned, these are the
sameexnorts reported by telegraph,and published in TheChron.
icle last Friday, except Galveston,and the figures for that port
are the exports for two weeks back.
With regard to New York,
include the manifests

-Same date 1874—
Mid. Fair. Good.

-Good A
Fine.->

..

595 106,365




115

•

seriously damaged, leaving 200 bales
still on Hoard.
Saga, bark, (Nor.,) from New Orleans for Malaga (before reported in collision),
floated at Gibraltar night of June 14, the divers havln * succeeded in
stopping leak and pumping the hold of the vessel dry; agreement, $1150.
Discharging cargo was being continued on the 25th, a quantity of bales
having been transhipped into steamers for conveyance io Malaga. The
Spanish steamer Alegna was to leave 26th with a portion of the cargo.
Cotton freights the past week have been as follows :

60,693

25

Total

• •

•

slightly damaged, and 700 bales

11,932
18,632

4,147

'

1,152

....

••••

....

.

North’rn Ports

~

1,907

1,045

...

Tennessee, Ac
Foreign

New York—1To

10,754

mmm,

m

stranded at Starkallegrund, 45 miles linglish
Gulf of Bothnia, there had bfeen secured up to

Florida do

PH ILADELP’ IA

BOSTON.

NEW YORK.

bij

4,871
1,902

.

of the bark Runer. from Savannah for Reval,
from Nicolaisted, in the

Runer, (Nor.) Of the cargo

The

we

.

our

Spain, Ac

Virginia

.

m

....

)ff

of which

895,829

7,889
...

....

831

Bremen and Hanover

Florida
S’th Carolina.
N’th Carolina.

....

.

,...

....

.

...

lotal French:

Savannah

13,123
2,385
1,332

Below we give all news received to date of disasters, &c., to
vessels carrying cotton from United States ports :
Adolphus, ship, (Br.,) three hundred bales cotton landed at Rcval, moist, ex*
ship Adolphus, from New Orleans, caught fire June 1st; cotton badly
damaged; no damage to shipping.
Niagara, snip. Hr.,) from New York for Liverpool, ashore at South Stack
Island, o Holyhead, was fast breaking up June 12. The stern had
Three hundred bales of cotton had been recovered from
fallen away

The market has ruled

Same

WEEK ENDING

e-

New Orleans..
Texas

.

mm •

-

862

exports oi cotton

Havre
Other French

•

....

•

.

,

mis

•

Total.

130

.

was

the old interior stocks have decreased
during the week 3,111 bales, and are to-night 20,775 bales less
than at the same period last year. The receipts have been 1,504
bales less than the same week last year.
The above totals show that

Total to Gt. Britain

a

.

....

.10,754
B

3,159

843

Memphis*
Nashville

•

m

•

,

...

•

1,152

29

Montgomery.,..
Selma

Other British

Bre-

pool. Cork. Havre,
10,528 2,465
2,385
1,332

1,704

500

Liverpool

Liver-

4,754

Macon

usual form

these shipments, arranged in our

follows:

853

Columbus

Total

The particulars of
are as

801

139

Augusta

The

599

THE CHRONICLE

1876.]

4,206

120,587

12,470
25,000
501,000

196,883

583,580

6.003

.159,193

shows the sales and imports of cotton
and also the stocks ou hand, on Thurf day

The following statement
for the week and year,
evening last :

BALES, ETC., OP ALL
8 ales th is week.-

DESCRIPTIONS.
Total

Specula-

Trade.
American. .bales. 28.210

port

tion.

740

1,250

25.870

8,120

750
20

500

9,330
4,150

Brazilian

...

4,700
Egyptian
Smyrna A Greek )
.

West Indian.... \
,2U
9,790
East Indian...
..

51,540

Total

50

370
,

3,010

Total.

«

50
840

1

40

1,140
12,100

Brazilian

.

...

Egyptian . ..
Smyrna A Gr’k

date
1874.

Total.
1874.

1,949,030

Total

1874.

62,740

1,740,080 62,540
Stocks.—

,

Same
This

day.
584,740

date
1874.

Dec. 31.
1874.

531.810

274,780
82,520
73,660

140,720

248,247

297,124
2,638
97,788
818,063

90,270
95,880
2,150
5,370
191,360

157.490

230,270

58,778 1,817,965 1,939,786

3,658,673

969,770

963,400

684.71

11,233
2,489

474
W. Indian
Blast Indian... 25,319
—

1875.

973,860 84,310 37,080
7,050
9,450
179,230
5.770
5,720
140,460
2,300 | 1,430
1,250
41.080
36,410 f
407,820 11,630 11,590
396,880

19.253 1.102.831 1,253.466

American

1874.

year.

4,890
2,690 52,630 1,548,810
Imports.To this To this
date
1875.

Avei■age

775,830
218,530
115,830
1,160

.

This
week.

Same

period weekly sales.

this

Ex-

242.307

494,040

2,265
20,949

168,404
1,939
25,423

314,135

227,755
150,030

115.470

1,720
15,190

,

23 480

St. Louis
Peoria..

BRE ADSTUPFS,
Friday. P. M.. June 18, 1875

There

[Jane 19,1876,

THE CHRONICLE.

600

was,

early in the week,

a more

19,527
1.500
♦3.000

Duluth

active market for flour,

Total
Previous week...

71,196
6,730
*25,COO

104,181
962,820
113.289 1,229,976
122,259 1,660,928
141.183 1,533,488
66,480
476,997
100,702 1,159,331

73,966
54,600

106.223

48,200

...

....

459.255
511,601
581,603
1,228,576
1,263,334
405,038
872,660

666,399
865.021

210
450
#

2,232
4,110

•••

....

10.158

9.568
12,827

21,662
5,805
19,053
26,199

prices recovered a portion of the decline previously noted. Corresp’ng
’74.
9,027
1,527,894
^week ’73.
44,012
1,765,176
The demand was active for export and home use, and the supplies
25,159
2,106,295
’72.
4 206
18.678
’71
1,928,439
moderate; the advance was also promoted by an improvement in
22.011
983,221
111.449 1,490,707
’70
40,546
wheat, here and at the West. The shipping demand has ex¬ Total Aug. 1 to date...4,661.531 53.746,081 38.538,036 19.972,177 5,702,508 1.131,456
tended to all grades, from $4 65 for superfine up to $7 25 for Same time 1873-74. ..5,573,296 74,592,634 20.530,339 23,838,141 5,939,-.'ll 1,679,796
Same time 1872-73..,.5,052,779 45,533,674 50,051,928 23.9S4.392 9,070.929 1,699,569
choice XXX, the sales of yesterday embracing 1,500 bbls. at the Same time 1871-72....4,624,227 36 615,812 56,293,381 25,769,216 6,270,193 2,665,095
higher figure. Fancy State at $5 40@5 80, has been taken freely
*
Estimated.
^
for export.
Rye flour and corn meal have done better. The
Shipments of Flour and Grain from the ports of Chicago,
whole flour market has latterly, however, relapsed into dulness, Milwaukee, Toledo, Detroit, Cleveland, St Louis, Peoria and
with the advance not fully sustained, in sympathy with the Duluth, for the week ending June 12, 1875, and from Jan. 1 to
June 12 :
decline in wheat. To-day, flour was lower, with sales of fair
Rye,
Oats,
Barley,
Flour,
Wheat,
Corn,
bush.
bush.
bush.
bbls.
bush.
Weekending—
bush.
shipping extras from spring wheat iu lines at $5 per bbl.
8181
7,971
347,961
June 12, 1875
110.652 1,910,904
690,215
The wheat market opened the week active, excited and June
607,277
13,525
8,532
5, 1375
*102,476 1,590.450
550.022
439,283
9,129
1,659
buoyant, and on Tuesday No. 2 Chicago had advanced to $1 17@ Corresp’ng week 1874 115,512 1.685,345 1,762,174 1,100,734
100,223
6,047
Corresp’ng week 1873 141,891 1,491,055 1,401,689
565,704
23,496
26,585
1 17^, No. 2 Milwaukee $1 20(3)1 21, No. 1 spring $1 24@1 25£, Corresp’ng week 1872 103,202
472,283 2,126,606
1,310
285,475
16,795
week 1871
95,183 1.256,849 1,828,228
and amber winter $1 38(5)1 40. These figures, however, checked Corresp’ng to date... .2,118,535 13.710,556 13,151,422 5,606,206 843,246 261,267
Total Jan.
2.660,953 25,931.581 15,125,423 6.884,713 1,213,500 2,325,949
the demand so soun as the more pressing orders were executed ; Same time 1874
Same time 1873
2,681,986 13,254*897 11,800,377 7,726,757 1,506,949 388,358
and in spring growths a smart decline took place, with sales Same time 1872...... 1,752,397 4,178,861 21,601,621 2,714,773 942,036 485,038
yesterday at $1 14 for No. 2 Chicago, $1 16@1 16^ for No. 2 RECEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THE
WEEK ENDING JUNE 12, 1875, AND FROM JAN. 1 TO JUNE 12.
Milwaukee, and $1 21(3)1 22 for No. 1 do.; but amber winter
Rye
Bariey,
Oats,
Corn,
Flour, Wheat,
continued scarce, and brought $1 89. The arrivals of wheat at
bush
bush.
bush.
bush.
bush.
bbls.
At8,600
213,037
341,520
993,253
76,670
this point have been comparatively small, but the Eastward New York
80.783
87,337
1,433
22,500
Boston
29,713
500
movement is large, and there have been sellers for early arrival Portland*
1,020
12,000
8,500
65,517
31.384
11,437
272,831
Montreal
at prices below those current on the spot.
Receipts at the West¬ Philadelphia
91,60(1
65,800
20,830
302,590
1,200
12,000
118,700
17,978
205,500
(...
ern markets continue much below those
of last year, but crop Baltimore
33
64,611
27,448
26,835
New Orleans
prospects are good. From California, however, some unfavorable

and

It

44

(4

...

..

•

•

•

•

•

•

•

.

.

•

«

....

.

•

....

••

.

.

....

....

....

77.5 731
418,059
217,910 1,797,122
Total
616,577
193,529 2,107.693
809,838
Previous week
589,981
204,118 2,620,548 1.652,712
Cor. week ’74
Total Jan. 1 to date 3,903 824 13,119,005 23,674,373 7,173,692
.4,822,495 25,023,486 21,518,910 7,254 770
8ame time 1S74
.3,909,289 9,0S6,945 16,234,573 9.078,965
Same time 1873.
Same time 1672
.3,466.244 3,726,750 29,364,710 8,398,446

reports have been received. To-day, wheat was scarce and firm
on the spot, with sales at $1 1G for No. 2 Milwaukee in store and

$1 134 for No. 2 Chicago in store, but lower for arrival, and the
close unsettled.

has advanced, and

9,800

1,438

950

355

14,450
1,000
303,121 106,699
703,290 586,576
1,073,684 190,041

1,239,699 296,674

Tuesday and Wednesday fair
Estimated. Montreal—Peas, 98,666 bush.
to choice samples of mixed sold at 85(®88c.
Large quantities of
The Visible Supply of Grain, including the stocks in
old mixed in store have been closed out at 85c. Yesterday, prices
granary at the principal points of accumulation at lake and
fell back to 82£@85c. for good new mixed in store and afloa
seaboard ports, and in transit by rail, June 12,1875 :
Rye,
Wheat
Barley,
Oats,
Corn,
Receipts continue moderate at all points, but stocks are ample
hush.
bush.
bush.
hush.
bush.
and the weather has been favorable for the growing crop; it has
37,840
1,163
592,704
773,797 1,351,804
18.0C0
105,000
7,000
21,000
consequently been difficult to infuse much speculation into the In store at Albany
2,050
85.584
15,000
350,453
105,325
In store at Buffalo.
305,353
3,637,004 2,724,565
market. To-day, the market was flat at 83@84c. for good steamer
Indian

corn

on

....

.

Flour.

3upcrflncStateand West-

J

ern...,
Extra State, &c
Western Spring

4 60,3, 4 89 ]
I

5 00® 5 15

Wheat
4 90® 5 20
5 25® 6 25

extras

do XX and XXX
do winter wheat
XX

Xand
5 40® 7 50

Wheat—No.3 tpring,bush.$l
No. 2 spring
l
No. 1 spring
1
Red Western
l
Amber do
1

08®
y2&
20®
30®

1
l
1
1
39® 1
1 40® l
80®
85®
82®

White
Corn-Western mixed
White Western
Yellow Western

450,833
131,793
2)0,000
285,315
25,752
2,788
141,290
202,534

572,202
32,236
40,000

88.287
35,737
18,000

351,999

3.200

78,197
99,760
118,676
54,073

27,600
210,000

3,935
35.000

468.938

15,400

346,962

10,402,217
11.620,621

7.402,550
7,914,254

8,093,202

6,631,603

180.000

Grain.

i

¥ bbl. |4 10O 4 45

No. 2

In store at St. Loui
In store at Peoria
In store at Boston.

34,636

1,137,691

In store at Duluth
In store at Toledo
In store at Detroit

Rye has been quiet and prices are nearly nominal. Canada
peas are without transactions of moment to note. Barley malt in
better supply and dull.
Oats have materially declined, and yes¬
terday No. 2 Chicago offered at 70c., called out no better bid than
69c. Supplies are comparatively free, and the demand moderate.
To-day, the market was weak, with sales of prime mixed at 69(3)
69^c. afloat.
The following are the closing quotations :

52,958

118,068
1,503,053
407,846
269,089

mixed afloat.

493,901
90.000

11
17
23
35
40
45
87
90
88

June 5,

1875

....

134,082
103,952

.

.

•

8,098
....

.

4,417
•

•

.

•

•

.

710

10,013
....

.

.

2,500
500

470
....

....

2,402
9,UOO

2,907

3,396
100
.

-

....

....

.

.

.

.

.

1.000

517.175

90,971

851

375

173.140

256,990

7,596

194.430

113,216
340,542

7,331
1,660
11,875

1,200
8,300

2,472.061

68,033
102,199

90,321
113,428

64,538

118,116

2,443,006
2,075,983

THE DRY GOODS TRADE.
Friday, P. M., June IS, 1875. '

general package trade in domestic goods has been charac¬
by extreme dulness throughout the week. Jobbers being
7 50 Oats—Black
Mixed
almost on the eve of stock-taking, have bought very few goods
White
7 50
in the regular way, but agents succeeded in placing some large
6 00 Barley—Western
Canada West
5 50
lines of ginghams and 9-8 printed cambrics, with the leading
State
4 15
Peas—Canada
houses at prices which entailed a heavy loss on the producers.
4 60
The movement in breadstuff at this market has been as fol- The clothing trade was stimulated into increased action by agents
Iowa :
offering price concessions on fancy .cassimeres, &c., and their
RECEIPTS AT NEW YORK.
EXPORTS PROM NEW YORK.
transactions reached a very considerable aggregate amount.
1875.
Since
1875.
1874.
For the
Since
Jan.
Business is over for the season with importers, and they have
For the
Since
For the
Since
week.
Jan. 1.
week.
1, 1874.
week.
Jan. 1.
Jan. 1,
even abandoned the auction rooms as a means of outlet for Spring
79,417 1,410,056 1,863.702
46.239 1,015,820
25,422
809.235
Flour, bbls.
6 ,147
489
C. meal, “
4,382
110,547
78,993
4,470
92,896 goods, as was seen in the meagre offerings which were there
Wheat, bus. 892,150 6,965,914 18,561,910 1 ,146,596 8,135,743
211,500 8,913,052 10,303,608 111,710 5 676,879 472,473 7,438,446 made during the week.
The jobbers were about as busy as they
Corn,
“
407.614
55,165
8,200
105,687
443,190
Rye,
usually are in the month of June, at which time the bulk of the
972,695
583.600
23,800
110
♦Barley
315,180 3.468,01l 4,188,521
‘948
147
Oats ...”
52,891
59,772 Spring trade has been accomplished. The demand, however,
through the medium of orders from the interior, has been well
In “Receipts at New York’’ includes also malt.
The following tables show the Grain In sight and the move¬ sustained—a fact which indicates light stocks in the hands of
retailers. There is still an excessive supply of both cotton and
ment of Breadstuff's to the latest mail dates:
wroolen productions of home manufacture in first hands and at the
RECEIPTS AT LAKE AND RIVER PORTS FOR THE WEEK ENDING
JUNE 12, AND FROM AUG. 1 TO JUNE 12.
paills, and no further steps have been taken to curtail operations
Wheat
Flour.
Corn.
Oats.= Barley.
Rye, at tbe mills, except on the part of knit underwear manufacturers,
bbls.
bush.
bush.
bush.
bush.
bush.
four fifths of whom have agreed by concerted action to stop run¬
(196 lhfO (60 lbs )
(56 lbs.l (821b*.j
lbs.) (56 lbs.)
311.448
231.952
33,380
217,930
Chicago
1,6 2
5,232
Milwaukee
7,760
483,987
1.827
35,910
1,534 ning for 30 or 60 days, which, if carried out, will afford much
90.433
Toledo
37.688
175,950
needed relief to a branch of the trade which has long been suffer¬
1,0.:0
Detroit
44.422
5.518
14,261
589
Cleveland
800
9,100
11,300
ing from over-production.
24,900

City shipping extras. ..
5 10®
City trade and family
5 75®
brands
Southern bakers’and fa¬
mily orands
6 25®
Southern shipp’gextras.. 5 35.®
Rye flour, superfine
5 10®
Cornmeal—Western, Ac. 3 85®
Corn meal—Br'wine. &c. 4 50®

5 60

Southern,yellow

®

Rye

The

....

90® 1 00
66®
68
68®
70
69®
72
@
(®
@
1 15® 1 35
..

..

..

.

...

,

.

>

.

.

.

-

.

♦




....

*

*

terized

June

1 Y

Goods.—The movement in cotton goods
from first hands was tame, unsatisfactory and strictly limited in
amount. The Western trade bought very few goods, and the
Domestic Cotton

such moderate quantities as were found
indispensably for the pursuance of current trade and for filling
orders. Fancy prints were very quiet in agents’ hands, eopecially
side-band styles which appear to have lost their popularity. Per¬
cales and cambrics ruled dull and a large line of Merrimack’s was
closed out at a heavy reduction from opening rates. Turkey
makes of prints were reduced by the agents, including Washing¬
ton fancies, Union mournings and greys, Simpson’s white grounds,
solid blacks and shepherd plaids, Gloucester plain blacks, shep¬
herd plaids and cambrics, &c.,—the decline in most cases being £c.
per yard. Brown sheetings were in rather better demand for
conversion purposes, but otherwise ruled dull, and bleached cot¬
tons showed no improvement whatever.
Colored cottons were
taken in the smallest possible quantities, and rolled jacconets were
sluggish despite the low current prices. Grain bags were more
active and there was a steady demand for carpet warps and do¬
mestic twines. Staple standard ginghams ruled firm, but a large
lot of second grade fancies was closod out by a leading jobbing
city jobbers only took

house at

7fc.

domestic manufacture i

prices of a few articles ot
Bleached Sheetings and Shirtings.
Pequot
Amoskeag A. 36
11* Frankl i n M f gCo36
do
36
11*
Forestdale
18
do
Z.. 33
do
Gem of the Spin13
42
do
vVe

annex

improved demand
on the part of clothiers for heavy woolens, but in order to accom
plish sales of fancy cassimeres, low prices were resorted to by
manufacturers’ agents, which gave an impetus to the movement
of low and medium grades. Worsted coatings were more active,
and fair orders were received for the future delivery of these
goods. Faced beavers remained sluggish, but elysians and fancy
chinchillas met with moderate sales. Printed satinets and Ken
tucky jeans were in fair request, but as yet there has been no
movement of importance in flannels, blankets or repellents. The
successful result of the late auction sale of Germania and Scotia
beavers has directed the attention of woolen manufacturers to
the auction rooms as a means of outlet for accumulations, and
the agents of the Plunkett woolen mills have announced their
intention to sell 450 cases woolens peremptorily on Tuesday next,
June 22, which will close out the entire stock of Plunkett goods
Domestic Woolen Goods.—There was an

in all markets.

continued quiet in imported

..

46
6-4
.10-4

do
do
do

32*
12
15
30

Androscog’nL 36
AA 36
8-4
....9-4
.10-4
do
Arkwri ehtWT 36
36
Auburn
Ballou & Son. .36
.33
do
Bartletts A... 36
36
Bates OS.
36
do BB
36
Bay Mills
do

do
do

a:.
Hallowell Q..

17*
9*
7*

10

13*

Langdon

10*

....

9

8*
7*

28
36

do X
Cabot
do
do

15

46
7-8
36
9-8

do
Canoe

9*

5-4

8*

do
X.. 36
Clinton CCC.. 36
do
C
36
36
Davol
42
do
,46
do
Dwight I).... 40
do
Star., 36
42
do
do
45
do
do
do cambr. 36
36
E mwood..
Fruit of the
36
Loom

do
do

15
6

27

do

..

...

100s 36

16

..

14'A

15

6*
12*
16*

Y‘

27*
30
35

9-4
10-4

..

do
A..
B..
do
C..
do
D..
do
E.
do
do awning ..
do AC A
do
Albany.
..

..

..

..

17
15

..

13*
12*

..

..

20
25

Pkgs.
382
641
217

Value.
$158,813

431

78,696

do
do
do

cotton..
silk.....
flax

1,926

Total

$651,449

Pkg8,
319
752
287
526
442

$221,667

345
809
201

167,537
155.718
90,655

Miscellaneous dry goods. 255

429
606

253,108

2,391

163.093

145,213

69,904

$852,935

2,326

Value.

$145,369
218,537
175.176
109.619

53,868

$702,569

WITHDRAWN FROM WAREHOUSE AND THROWN INTO THE MARKET DURING THE
SAME PERIOD.

269
319

Miscellaneous dry goods.
Total
Add ent’d for consumpt’n

$115,858

80
3.33
167

Manufactures of wool....
do
.cotton..
do
silk
flax
do

62,600
77.313

1,168
1,926

99,698

13,266
$368,735
651,449

Total thrown upon m’k’t. 3,094 $1,4)20,184

162
221
37
374
238

do

Miscellaneous dry goods.




at

75,394
32,820

137

38,443
56,949

81,591
11,371
$273,982

1,332

$249,750

852,985

2.326

..

Easton

7

....

30

Hampden CC..

..

3,423 $1,126,967

3,658

„

Hamilton

Amoskeag
do
B....
Boston
Beaver Cr,AA.
do
BB.

$230,351

94

14*

221

34

99
41

37,569

333

51

6 744

18

61,5'3
29,713
70,921
10,637

the port. .2,564

$218,856
651,449

338
7

40,851
69,039
2,788

1,117

$103,135

579

852,985

2,326

21
15

2,905

$o94,069

9

n*

25"
27*

32*
20

15*
15*
22

ii’*
U*

15
10
9

9*

15*'
15

Columbia, No. 70
Far.& Min, No. 5
Jas. Long, No.10

...

12
....

7-8
.

10

..

..

10*
10*

..

19
25

A.

do
York
do

..

30

if

32

21

Ontario and Woodberry
USA Standard 29* in.
22
do
8 oz.
9 oz.
24
do
26
10 oz.
do
12 oz.
31
do
15 oz.
88
do
Ontario Twls, 29in. 18
do
36in. 23
Ex twls“Polhem’8” 18

14-15
B....13*-14

Thorndike A....
do

Uncasville A...

10-11

Union
Whittenton AA
B.
do
do fancy XX
.

14
11

15

I

Pcpperell, blea,,
do

sat.

..

12*
12

12*
10*

I Rockport

10*

18
18

I Thorndike A../

10*

1 Uncasv’e UCA.

10
20
16

1 Warren AX A.,
do
BB....

1

15
16
14
12
20

<ra

...

[

do

York

CC.

..
..

15
Union Mills,No.18
No. 50 17-18
do
12
do
No.70
York I....

««

ii*

ParkMills.No.80

.

...

..

.

14

11

11*

Mass D
do G

11

Pcpperell

9*
11*

11*

Stark A

11*

Ginghams..
11*

Renfrew

11* I Glenox

| Namaske

Gloucester

.

.

Shirley

10**
11*

10*

|

1

10
12

Union

Randalmo’’

Cotton Ifarns.

Pendleton

do

25
25

..

Drills.

11* I Great Falls
11* | Laconia.....
11
| Lyman H
11* | Langley B

10*

25
23

4-4

WhitteutonXXX.

16

Kennebeck
Nolan’s extra

|

3*
6*

10

Lewiston A

11

18
11

14

Brown

Bates

22*

12* I Sudolk

do XXX brn

Domestic

34

..

..

Checks.

|
|
j
|

21
24

...

C
do
Willow Br’k No 1

11

[Lewiston
jOtisAXA
! do BB

14

17*
20*

A

11* I Pequot

Haymaker....

16

14

B.

Thorndike A..

9

sat....

do

| Kearsage, sat....

9*

702,569

3,508 $1,256,120

I

|

12*

Empress 6 to 12.

$870,305

40

42*
47*
16*

Jeans.

j Newmarket
Denims.
I Columb’n h’y bro

Caledonia.No.7..

$191,500

2,391

.

do
Swift River..

.

10* I Laconia
11* 1 Naumkeag sat..

39.950

39.907

27*

36
5-4

...

.

Pittsfield
Roanoke

..

J Ind. Orch. Imp..

19

$38,872

3^,235

11*
8*

Carlton

SAME PERIOD

506

10*

.......

$952,319

193

.

Amoskeag
Androscog’n sat.
Canoe River....
Hallowell Imp.
do
brown

702,569

1,032
2,391

53,889
9,931

$96,401

638
Total
Add ent’d for consumpt'n 1,926

Total entered

$90,538

220
120
54

cotton..

silk
flax

172
68
258
697

ENTERED FOR WAREHOUSING DURING

Manufactures of wool....
do
do

$72,806

25

AC A... 30
do
36
medal..
Pearl Rive.*
Pemberton A A ..
do
B
do
E

11
10

..

Corset

Manufactures of wool....

5-4
6-4

do
do
do
do
do

19
17
15
12

..

:

1875

13*

Omega C.

22
22

Cordis ACE... 32
do
No. 1. 32
dc
No. 2.
No. 3.
do
do
No. 4.
do
No. 5.
No. 6.
do
do
No. 7.

25
20

...

17, 1875.

35

Wkitinsville.. 36
do
33
Wessac’mc’n.B36
do
G33
Warren AA.. 36
Williamsville. 35

20
15
25

.

JUNE

15
22

..

..

-1874Value.
Pkgs.

36

do camb.
White Rock.. 36

..

,

9
8
9

Washington.. 33
Wauregan.... 36

9*

5-4
7-4
8-4

.

1873

....

45

do

..

CONSUMPTION FOR THE WEEK ENDING

7

33
36
3b
36

....

doOHH

3»
40

..

ENTERED FOR

....

....

do
....6-4
do
....8-4
do
....9-4
do
...10-4
Wamsutta. ..9-8
do OXX.... 36

..

follows

....

12

Tickings.
Amosk’g ACA.

BeaverCreek..

as

7*
8*

....

12*

6-4

do
do
do
do
do

11*
18
20
25

..

CIO

do
do
do

PeDperell

12*-13

33
42
..5-4
..6-4

do

8

8-4
9-4
10-4
do Nonp.. 36
33
Waltham X
do
42

11
16

Newmarket C 36
do
’
A 33
Peabody
36

..

16*

do
do
do
do
do

14

....

.

9*

36
33

...

do

12*

.

•

Utica

12

15 Mi

Maxwell
Methuen
27
Nashua E.... 36
do
5-4
do
9-4
do
10-4

18
20
18
11
14
16
15

.

•

35
33

....

10*

33
36

..

.

.

Social C
do L
Suffolk L
Thorndike B.
Tuscarora XX

15

«

36
33
36
36

....

do

* m

•

36

Slat< rville...

9*

•

•

30
36

Standard....
do

•

11

Seaside

•

11
13

46
36
36

..

•

12

Lyman camb.. 36
Masonville... 36
Masconomet.. 36

13*-14

..

GB

.

10
9

42

Lin wood

13*
9*

•

30

35

Reynolds AA

35
12
16

15
10

Blackst’neAA 36
36
Boott B..
do C..

..

9*
8*

do
10-4
Lonsdale
36
do Cambric 36

to*

....

.

14
11
8
9

27*

10-4
11-4

Pocasset Can1
F
do
do
FF.
Pride of West
Red Bank...
do

27*

....

13

....

....

9*
8*
8*.

do
E..
Harris
Hill’s S. Idem 33
36
do
36
nope
36
Howe
Ind. Orch.AA. 36
H dw 36
do
do
CC... 34
King Phillip . 36
do
camb. 36
8-4
Laconia

11*

....

E..
R..
S..

S...
M..

do
do
do

37*

.

do
do
do

Greenville ex.
Gr’t Falls Q..

32*

..

.

Gold Medal..
do
Green G

18

.

do
do
do

10*

36
36
33
36
36
36
31
33
32
36
36
36

die

14*

..

goods of all descriptions, and from first hands the distribution Conestoga A p.
12
23
|
do
BB..
21
23
do
TRA
was exceedingly small.
The sales at auction have begun to Lancaster ....7-8 22 1 Hamiltonreg..
16
i
do
B...4-4
dwindle into insignificant proportions, and most of the offerings
do
13*
21
I
D.
do
ex...4-4
18
I Lewiston A... 36 24
ex.. 7-8
do
during the week were composed of odds and ends from the stocks
21
do
A,... 32
19
do Gld mdl4-4
19
do
A.... 30
16
of jobbers and importers, which in a majority of cases realized
do
CT.. 36
20
5
I Methuen AA..
CCA7-8
do
do
very poor prices.
In dress goods grenadines alone presented a
27*-30
awning.
do
AA .7-8
12*
Minnelialn... 7 -8
22*
20
fair degree of activity, but prices have declined, and fancy textures Cordis AAA., 32
25
....4 -4
do
of all kinds are much lower than a few weeks ago. Grisaille silks
Cotton Sail Duck,
28
were
in fair request, but black and colored dress silks and Woodberry and Druid No. 8
No. 9
26
Mills.
No. 10
24
44
millinery makes ruled quiet, and prices favored the buyer. Linen No. 0
No, 1
42
goods were very dull, but some fair orders were received by the No. 2
Light dock—
/
40
Bear (8oz.) 29 in..
18
38
Belfast houses for housekeeping makes and handkerchiefs for No. 3
do heavy (9oz.)... 21
No, 4
36
autumn delivery.
Manchester muslins were very quiet, and No. 5
Mont.Ravens 29in. 20
34
efforts were made to close out some lines of these goods at No. 6
do
40in. 28
32
auction with unsatisfactory results.
30
Ribbons continued in fair No. 7,
Stripes.
request, and on account of their scarcity black gros grains were
12
Anchor
| Eagle
in bonnet and sash widths. The cloth jobbers ex¬ American
firmly held
I Hamilton
13-14
11-1*2
perienced a slightly increased demand for light woolens for men’s Amoskeag
12*
13-14 I Lewiston A
do
B....
12*
wear, but heavy weights moved slowly from first hands.
A^asapha
I Massabesic
13-14
The importations ot dry goods at this port for the week ending Boston.
I Otis BB
12*
June 17, 1875, and the corresponding weeks of 1874 and 1873 Cordis awning ,22*-25
Columbian
have been

.

.

..

20

5-4
u—4
8-4

....

...

Chapman fine 36

Foreign Dry Goods.—There was

601

CHRONICLE.

THE

1875]

[ Sargeant 6 to 12..
| Fontenoy do

f.

25

25

I IX L
XXX

|

6 to 12..
do
..

25
25

6*02

■THE CHRONICLE.
HEMP AND JUTEAmerican dressed
American nndressed

GENEBAL

PRICES CCRKENT.

SILK—

9 ton. 285 00 0289 00
0
gold.220 00 0225 0U
•* 260 00 0215 00
9S> “
7*0
8*
"
5*0
5*
....

Russia, clean
Italian....

ASHESPot

Manila
6

BRBADSTUFFS—8ee special report.
BUILDING MATERIALS—
Bricks— Common Hard, afloat
Croton

,

Philadelphia.

.

Cement—ft >sendaie
Lime— Rockland, common

«*

0

1 60

Rockland, finishing.

Montevideo,

0 85 00
0 25 00
0 27 00
60 00 0 70 00
40 00 0 50 00
75 0u 0100 00
18 00 0 25 00
17 00 & 20 00
3
5
5
3

Nails—10@60d.com,fen A sb.p keg
Clinch, 1* to 8 In. A longer
Sdfine
Cut spikes, all sizes
Paints— Lead. white. Am, pare.

25
CO
50
50
11

In oil

3
6
5
S

0
0

0
0
0

•

7

do....
do....
do....
Bahia,
do....
Wet Salted—Buen. Ay, selected
r

.

12

1 35

0

17
16
12

0
0
0
0

28
27
24
24

0
0

12
10

0

6 50

23

—

New state factory,

fair to good

9

Western,good to prime
COALAnthracite (by cargo)
Liverpool gas cancel

5 25

Liverpool honse cannel

COFFEE—
Kio, ord. cargoes, 60090days, gold.
gold.
do fair,
do
gold.
do good,
do
do prime,
do
..... gold.
.gold.
Java.mats and bags
gold.
Native Ceylon
gold.
Maracaibo
gold.
Laguayra

16
17

0
0

16*

1J*
18
1SV
26

20
21
19

0

21

0
0

22*
20*
17

16*0
0
0

2*0

Irsenlc, powdered
Bicarb, soda, Newcastle
B1 chro. potash, Scotch
Bleaching powder

“
“
“

Brimstone,crude. In store....
roll

3*0
24
85
55
21
46
43

**

Cochineal, Honduras
Cochineal. Mexican

*
“

25

i’e?*
22
60

Ginseng, Western

5 87*0
1 40
1 40

cur.

Ginseng,Southern

.

car.

48 00

@ 50 00

9 100 lbs, gold 6 87* ID

Domestic

90

“

Bar.
Sheet

0

9*0

LEATHERHemlock. Buen, A’res, h.,m.Al
“
California, h., m. A 1
"
comra’n bide, h., m. A1
“
rough
Slaughter crop
Oak. rongh
Texas, crop

26

29

@

25*0

27*

25
27
32

0
0
0

28

0

31

“

0

27
28
36
81
34

to good

George’s and Grand Bank cod

6*0

Mackerel, No. I, shore, new
Mackerel, No. I, Bay new

Mackerel, No. 2, shore, new
Mackerel, No. 2, Bay, new

W®
0

33*0
70
50
1 50
60
1 95

0
0
0
0

FRUIT—
Raisins, Seed less

Plums

5 0
12 0
....0
25 0
14 0

7*0
0

7*0
....0
7 0
16 0
19
24
7
8

0
(4

0
,...0
24 0
18 0

GUNNIES.—See report auder Cotton.
OUNPOWDERShipplng * 25 lb keg
Minin'? A Blasting
V 100 lb

0

5 50
2 25

Is*
10*

8 50
6
24

7*
!4*
5*
18
8 00

26*
15
15
8

*8*
7*
7*

13
21
26

8*
8*
34
25
20

0
0
0

65

0

3 25
2 75

70

0

@

1 15

102*0
10*0

105

0

86

Cloves
do
stems
3
3
3
3

Brandy, foreign brands..... 9 gall.
“
Rum—Jam., 4th proof
St.Croix,3cl proof
“
...

Gin
:
Domestic liquors—Cash.
Alcobol (90 per ct) C.

•*

AW

Wilmington
Virginia
Almonds, Languedoc
do
Tarragona
do

“

American blister
American cast, Tool...
American cast spring

88

17

gold.—
50
61
45
00

0 15 00

0

7 00

0
0

8 61

0

2 82*

0

OAK UM—navy to best

20
19

29

quality... 9 !b.

82*
30

0

7*0

9*

OIL C ARB-

gold 89 00 0

City, bag

cnr. 41 00

Western

0

43
1 17
61
36
71
75

0

Cotton seed, crude

Olive, in casks 9 gall*

Linseed, casks and bbls
Menhaden, prime L. I. Sound
Neatsfoot

Whale,bleached winter

•

0
0
0

0
.

0
.0

52*
1 20
66
38
1 20
77
•

•

•

•

•

•

0

10*0
10* »

....0

Vbhi.
*’

"
“
“
“

19
15
18
8
10
IS

50
00

0

0
0

Cuua.inf.to com. refining
do fair to good refining
do
do
do
do

7*0
8*3
8*0
8*0
8*0
8*0

frime, refining

air to good grocery
pr. to choice grocery

centr.hhds. A bxs, Nos. 8013
Molasses, hhds A bxs

1 10

6*

17*
12*
8*
19 50

0 16 00
0
0 9 50
0 11 00
0 19 09
....

Patna

8*

7*®
2

7*

2 87*
0
7*

62*0
7

8ALTPETRE—
Refined, pure
Crude
Nitrate soda

26 0
..0

9 sack.

.....Vlb

gold
"

1 55

0

....@
5*0
2*®

28
80
2 60

13*
2*

H*
V Tb.
11*0
V bush. 2 65 0 2 75
1 90 0 1 95
0 1 90
Linseed .Calcutta it 56*>gold (time). 1 95 0 .

Clover, Western
Timothy
Hemp.foreign
Flax, rough

I*
%

7*@
8*0

do
do
do 10@12
do
do
do 13015
do
do
do 16@18
do 19010
Ho
do
do
white
—
do
•
Porto Rlco.reflning, com. to prime,
do
grocery, fair to choice..

7*0
8h@
7*@
8*0

9*
9

8*
9

8

7*0
....0

...@

ii*

....0

11*

0

11*0

Ij-X
12

0

Id*

...

centrif...

...

10

9*0
9*0
9*0
8*0

9*
9*

8 13-160
....0

city, 9 a>

fair
Superior to fire
Extra fine to finest

ilyson. Common to

—..

8np.toflne

Ex. fine to finest

Choicest
Imperial. Com to fair
.

Sun. to fine

Extra fine toflnest

Hyson Skin. A Twan. com. to fair.
do
do
8up.to fine
do
do
Ex fine to finest
Uncolored Japan,Com. to lair
do
8up’rtofine
do
Ex.fine to finest

Oolong, Common to talr,***
do
Superior to fine
do
Kx fine to finest
do
Choicest
Bone. A Cong., Com. to fair
do
Sup’rto fine
do
Ex. fine to finest

TIN—
Banca

gold.

Straits

”

English
Plates. I. C.charcoal

*
“

Plates.char.terne

**

8*
....

26
34
50
71
28
36
60
90
28
40
62

cnr.

Choicest

do
do

I'1*
10*

0

...

Western, fl lb

do
do
do

10*

10*2

TALLOW—

do
do
do

5*
9*

9*0

granulated

Prime

I*

@

9

S3
0
43
0
60
0
85
0
80
0
50
0
75
0
@ 1 10
0
M
50
0
0
1(00 1 20
28 0
33
36 @
48
72
58 0
26
21 0
29
0
27
Nominal.
37 0
42
46 @
59 0
21 0
86 @
55 0
85 @
27 0
36 @
58 @

?3*

0

....

19
19

1R*0
18* 'ft
8 87*@
7 5U @

-

Kentucky lugs, heavy
*•
leaf,
“

11*0
13*@

..

leaf—Connecticut wrappers’73
Conn. A Mass, fillers. *73.

Pennsylvania wrappers. *72
Havana, com. to fine
Mannfac’d, in bond, black work
••
WOOLAmerican XX
American, Nos. I A 2
American .Combing...
Extra, Pulled
No. I, Pulled

8

62*

8 00

Beavy goods.

.

9 bbl.
9 ton.

Oil

Corn,b*lk A bga. 9 !m.
Wheat, bulk A bags..
Beet

9 tee.

Pork

Vbbl.

BTXA.M.

80
F0
17

0

@
0
0
0

0
0
Oh

84
80
23
26
82
16
85
-5
20

9

SATL.

d. *. (t. x d.
....0
....0 11-82
3 0 0....
2 S
40 0 045 0
22 6
35 0
45 0 0....
7 0
7 ®....

7*0....

'

8*0

.

S.

6 6 @ 7 0
4 6@50

55
55
63
fO
95

0
0
0

0
0

13*
28
55
8
40
1 25
SO
60

0

29
32

9 tb.gold.net
—

47
42

27
23
22

gold.

Smyrna.unwashed

Flour

0
0

28

Burry
South Am.Merino unwashed.....
Cape Good Hope, unwashed
Texas, fine
:

To Livkbpooi,:
Cotton
V lb.

0

54
45
SO

Vb

Medium
Coarse....

FRE1GHT8—

0

19

California. Spring ClipSuperior, unwashed

ZINC—
Sheet

0

25

bright work

“

35
7
18

87*0

Texas, medium

8ALT—
Turks Island
St. Martin’s
Llvaroooi .various sorts

7*

8*

0
0

5

TOBACCO—

-

....

7*0

gold.

16
10
11

0

•

15
14*5
13*413 3-16

lb

RICE—
Carolina, fair to choice
Louisiana, fair to prime

40
75
50
00

H*

SUGAR-

•*

12*@

7
14
11

6*0
9

American machinery
American German spring

Seed

Lar<, Western, steam

Rangoon, in bond

0

....@
17 0

Refined, standard white
Naphtha. City, bbls
PROVISIONS—

Beef hams
H*ms.«moked

0

1 65
2 00

Cases

Pork,prime mess ...
Beef, plain mens
Beef,extra mess..

0

61

Sperm, bleached winter
Lard oil. Winter
PETROLEUM—
Crude, in bulk

Pork new mess.....
Pork, extra prime

....
....

..„

Store Prices
14* a,
17

Qnnpowder, com to fair

0

8 25

.....cur.

»*

18*0
31*0

Ivica
Shelled
Princess

10*

0

2 SO
1 20

cur.

8*

•

10*

....0

Young Hyson, Con., to fair
do
Super.to flue
do
Ex. fine to finest
do
Choicest

12
0
12
11*0
10*0
11*
1 40 0 l 5
@ 1 "5
2 00 @ 2 15
©
18*

do

11

Nutmegs, Batavia and Penang
Pimento, Jamaica

0

Peanuts. Tennessee

do
do
do

2 80
5 00
7 00

8*@

Grenoble.

8*

10*0

9

Naples....

25*

0
0

10
1 C5

3*0

extra pale

do
do
Pecans

0

BEEP

0
0

25
22
22

Batavia

do

2 00 0 2 21*
Tar,Wilmington
2 25 @
Pitch, city
@ 2 25
Spirits turpentine
V gall.
82 ~
Rosin com. to good strain’d 9 bbl. 1 70 0 1*75
*•
No. 1
2 50 0 3 50

Sperm, crude

23*0
7*0
9*0

Sardines, 9 hi. box
cnr.
Sard In♦ or box
“
Macaroni, Italian....
Domestic Dried—
Apnies, Southern, sliced.
do
“
quarters
do
State, sllcM
do
do quarters
do
Western, quarters
Peaches, pared Western
do
do Gi. goo 1 A prime, new
do
ao
N. Carolina, prime
do
unpared, halves and qrs...
Blackberries
Raspberries, new
Cherries, pitted, new

*9*

do

do
cut loaf....
Soft white, A - standard
do
do
off A
White extra C
;
Tellow
do
Other Tellow

Tar, Washingtpn

Whale, Northern

....0

9 case.

18*

15

...

Sultana
Valencia, new
Loose Mnscatel.new
Currants
Citron, Leghorn

69

Store Pnces.
50 « 5 75
00
13 00
00
9 50
00
10 50
8 50

O
....0
....0
10 0
8 40 0

Layer, new

1*
6 00
34
75
2 80
1 50

2

18*0
8*0

9 lb

N. O., new,fair to choice.... V gal.
NAVAL 8TORES—

NUTS—
Filberts, Sicily
do
Barcelona.
Brazil nuts
Walnuts, Bordeaux,

14

0

0G

5
11
9
!0

Demerara
Porto Rico

4 00 0
5 50 0

29*
8*
7*

white....

Casslu, China Lignea

Brazil, bags, D. 8. Nos. 9011
Java. do. D.S., Nos. 10012
Manila
■
N. O., refined to grocery grades
fMb
Defined— Hard, crashed
Hard, powdered....

88
89
44
45
40
58
72

0
0
0

1 80

36
28

13

FISH—

36
40
40
35
35
65

grades.

No. 2

16

8*0

gold

8ngar of lead, white
Vitriol, blue.common..

grocery

pale

20

Madder,French
Nutgnlls.blne Aleppo
Oil vitriol f«6 degrees)
n bon1,gold.
Opium, Turkey
Pras8iate potash,yellow. Am
Quicksilver
gold.
Quinine
.cur.
Rhubarb, China,goo.l to pr—9 Tb.
Sal soda, Newcastle
gold

do
do
Barbadoes

86 0

**

14

.gold
“
"

Cuba, clayed
Cuba, Mns., refining grades, 50 test.

7 50

17*®
17*0

Hav’a,Box,D. 8. Nos. #09

6 00

8**

••

6 CO

0

Melado

LEAD—

35*

26
25

Jalap
Licorice paste, Calabria
Licorice paste. Sicily
Licorice paste. Spanish, solid.,
Madder, Dutch




American

••

0
«*0

gold.
“

Prunes, Tnrkish, new
do
French
Dates
Figs
Canton Ginger

0 28 00
® 26 00
0 24 00

24 00
22 00
27 00 0 82 00
Store Prices,
Bar, Swedes, ordinary sizes
ISO 00 ®140 CO
Scroll
...80 00 0125 00
Hoop
87 50 @185 00
Sheet, Russia, as to assort.. ...gold.
...
@
14*
Sheet, single, doable A treble, com.
4*@
4*
Ralls,new,English
gold 50 00 @ ....
new.

do

gold

English, cast,2dAlstquality 9tbgold
English, spring,2d A 1st quality.. “
English blister, 2d A 1st quality.. “
English machinery
“
English German, 2d A 1st quality “

...

45

33*0
8

Cuhebs, East India
Catch
Gambler

AT—
Shipping

32*

4 87*
16V
0 2 00
0 85 00

..

refined, city
oil. E ,L. in bond, V gal. .gold.

Cream tartar

24

0

94

Camphor

Castor
Canstlc soda
Chlorate potash

2*

0
0

31*0
16*0

“
“
Vlb.

Brimstone, Am.

do
do
do
do

23*

0

18
28
4

gold.
**

Irgols.reftned

FLAXNorth River,prime

....0

do

7 15

cur.

8TEEL—

40
25
15

MOLAS8ES—

Argols, crude

Bhell Lac
Soda ash, ordinary

31

28

COTTON—dee special report.
DRUGS & DYES—
Alnm, lump

'

30

...0

Braziers’(over 16 oz.)
American Ingot, Lake

81

....0

..

27
15
12

26 00

5 50
5 00
5 25

!00wlb.gold. 7 12*0 7 50

Whiskey

0
0
0
....0
@

Ordinary foreign

....0

12 oz;

10*0

lb

Plg, American, No. 1
Pig, American, No.2
Pig, American, Forge
Pig, Scotch

COPPER—
Bolts
Sheathing, new (over

,fl

Foreign

Domestic

SPIRITS—

IIs

0

English

0

20
17

ii"

Bavarian

24

gold.
gold.

13
10
9

IROJN--

17*0
18*0

gold.

St. Domingo
Savanilla
Costa Rica

is"

12*0

Belgian

0 12 00
0 17 00

...

13

HOP8...

575

SPELTER—

Ginger African

0
0

...

0
0
0
©

do
Calcutta
Mace

0

10
9

Crop of 1872

CHEK8K—
9

20

0

...

5 CO
5 00
4 50
5 03

V lb

Canton, re-reeled No. 1 Cotngoun..

.

0
0
0
0
0

...

cur.
Texas,
E. /. stock—Calcutta slaught... gold
Calcutta, dead green
Calcutta buffalo

Cropof 1874
Crop of 1873

l 90

20*

13*

do...
do....
do....

Tsatlee, Nos.l to 4
Tsatlee, re-reeled
Taysaam. Nos. 1 A 2

Pepper, Batavia
do
Singapore

0

'i6

Chili,
Pernambuco,
Savanilla,

7*

0

11*0

do....

California,

23
22

0
0
0

20
20
21
21
18
16
16

.

SPICES—

0
0

21

do....
do....

Para.

5*

?i*®

.**

Bahia,
do....
Dry Baited—Maracaibo, do....

9*«

Lead.wh., Amer.,pure dry
Zinc, wh.,Amer. dry. No. 1
Zinc, wh.. Amer..No.l.ln oil
Parts white.English, prime gold...
BUTTER—(Wholesale Price?)—
Half flrklns( East’n> 3rds to extra....
Welsh tubs,
••
“
“
Half firkins (West’n) ”
“
Welsh tubs
extra
“

do....

do....

Maracaibo,

50
50
75
75
•

4*0

California,
do....
Matam. and Mex, as they run

Lumber— Southern pine
25 00
White pine box boards
18 00
White pine merchan. box boards. £2 00
Clear pine
Oak and ash
Blackwalnut
Spruce boards A planks
Hemlock boards A planks

“

Corrientes,Rio Grande,
Orinoco,

1 80
1 85
1 85

.0
0
0

1 10

Sisal
Jute
HIDES—

Dry—Buenos Ayres, selected, gold

2 50 0 800
12 00 0 15 00
28 00 0 82 00

[Jane 19,1875.

(ct

5 6

©

40

0

.

s.

fi

9-32

27*6