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MERCHANTS’
HUNTS
MAGAZINE.
9 W«eHttf §Uur$tnspev,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED
SATURDAY, JUNE 21, 1879.
VOL. 28.
CONTENT8.
CHRONICLE.
THE
Wholesome
New
611
Legislation
The French Chambers—The Retu’n to Paris
612
Condition and Prospects of F.re
Insurance
613
THE
Monetary and Commercial
English News
614
Commercial and Miscellaneous
News
616
Latest
Savings Bank
BANKERS’ GAZETTE.
Quotations of Stocks and Bonds.. 621
Money Market, TJ. 8. Securities,
Railway Stocks, Gold Market,
Foreign Exchange, N. Y. City
Banks, etc
622
Local Securities
Investments, and State, City and
Corporation Finances
61S
621
THE COMMERCIAL TIMES.
( 25 | Dry Goods
Commercial Epitome
Cotton
e
Breadstuffs
6«6 j Imports, Receipts
.
630
1 Prices Current
631
and Exports.... 632
633
3pue Chronicle.
The Commercial and Financial
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WHOLESOME NEW SA VINGS BANK LEGISLA¬
TION.
At the last session of our
State Legislature several
interesting acts relative to savings banks were passed,
which have received executive approval since adjourn¬
ment.
It will be useful to give the substance of this new
legislation, as it has introduced changes in practice, more
especially in case of insolvency.
Chapter 422 aims to give definiteness and effect to the
provision in the general law permitting the Superin¬
tendent to institute proceedings for the removal of
trustees in case
of misconduct.
Receivers are also
required to render an account of their proceedings when
demanded by the Attorney-General, and to make final
distribution within eighteen months after their appoint¬
ment.
The same bill also provides that the Superinten¬
dent, in case of insolvency discovered by examination in
the usual method, may step in and himself take posses¬
sion of the assets until further orders from the courts.
STATES.
NO. 730.
Chapter 424 provides that whenever the trustees of a
solvent bank deem it expedient to discontinue business,
they may, by a two-thirds vote of the whole number, at
a
special meeting of which all of them have notice,
declare by a yea-and-nay vote upon a resolution to that
effect, their intention to close the bank, a copy of the
record and vote being filed with the Superintendent. The
trustees shall next give the proceeding due publicity by
advertisement, and shall personally serve upon or mail to
every depositor and creditor a notice thereof. When all
sums due have been paid to all depositors and creditors
who come forward or can be discovered, the further pro¬
ceedings in closure shall be simply these : the trustees
shall file with the Superintendent a transcript of the
names of remaining creditors and amounts
due, and
shall hand to him all the unclaimed funds ; they shall
then report their proceedings, duly verified, to the Su¬
preme Court, which court, after notice to the Superin¬
tendent and the Attorney-General and such other notice
as may be deemed necessary, shall discharge their trust
and shall adjudge the franchise surrendered and the cor¬
poration terminated. When any receiver has paid, to
all creditors who make claim and whom he can dis¬
cover, the full rate which the assets enable him to pay,
he must, before obtaining discharge, take precisely the
course just stated as devolving upon trustees—hand over
the remaining funds and file a transcript; all receivers
who have already been discharged from their trusts, but
who still hold any balances, are required by the act to
forthwith do the same thing.
The Superintendent
shall receipt for all such unclaimed funds, shall deposit
them in bank, in trust, shall incorporate in his annual
report to the Legislature a statement of the names of
banks for whose creditors he is thus acting, and the
amounts of unpaid deposits to the credit of each bank ;
he may pay to the proper owner the principal and any
interest accumulated thereon, on satisfac‘ory evidence of
ownership, and in case of doubt or of conflicting claims
may require an order from the Supreme Court.
A further act so amends chapter 18 of the Revised
Statutes as to limit the maximum compensation of
receivers to $10,000—a restriction which has not come
too soon.
One receiver, in a year’s service, paid de¬
positors $1,158,000, and received $27,000 ; another, in
about the same time, paid $440,000, and received $17,C00 ; another, in two years and a half, paid about
$900,000, and received $12,000 ; another paid 15 per
cent—$209,000—and received $15,000 ; his predecessor
was employed for a single month only, for which he
drew
$9,000.
The intent of all these acts
is to make
receiverships
612
THE
CHRONICLE.
rvoL.xxvin,
*
-
#
unnecessary and avoidable, and the Superintendent writes
us that
there will be very few of them hereafter. The
*
security and independence. We are told that the mean¬
ing of the movement cannot be understood unless looked
at in the light of other questions, which, at the
present
moment, are occasioning not a little disquietude. It is
not to be denied that there are subjects which now
agitate the republic, of grave import, and which it might
be better, for the present, to leave alone.
And yet,
sooner or later, the republic
will have to contend with
the antagonistic feeling of the Church.
The education
question, cautiously as it has been approached and
carefully as it has been handled, has already revealed
the intensity of that feeling. An archbishop, displeased
with the Ministerial measures, denounces the govern¬
ment.
His intemperate language is brought under the
notice of the Council of State. The clergy espouse the
archbishop’s cause; and his punishment is invited on
the ground that it will be “a title of glory.”
The
frequently-recurring scenes in the Chambers are well
organization, upon the rate of interest,
upon the character of investments and general details of
management, contained in the general law as amended,
we sketched long ago—July 21, 187V, page 50.
The
supervisory control granted the Superintendent has been
so extended that whenever he thinks any bank is acting
injudiciously he may institute remedial proceedings to
•change its trustees, merge it in another bank, or other¬
wise ; practically he has the power to put his hand on
the helm at will. When a still solvent bank is doing an
unprofitable business or when its prospects seem unprom¬
ising, the law above sketched provides a speedy and
direct way for paying off its debts and closing it, with¬
out any charges.
If examination shows a bank insolvent
the Superintendent may seize its assets himself ; this
temporary proceeding is intended to apply to cases where
the dishonesty of trustees or officers has caused insol¬ fitted to fill the minds of the doubtful with fear. Such
vency and would further reduce the assets if not pre¬ scenes as those witnessed on the occasion of the invali¬
sented—it is in the nature of an injunction for immedi¬ dation of Blanqui’s election, and on Monday last, when
ate relief against fraud.
And when receivers are ap¬ the Education bill was again under discussion, are
pointed, they must close up their affairs within eighteen certainly far from creditable to any body of legislators;
months, instead of dragging them on indefinitely; to and it is not wonderful that many should arrive at the
enable them to do so, whatever business or property conclusion that an assembly in which such scenes are
remains in their hands at the end of that time is to possible is safer in the quietude of Versailles than in the
be delivered over to the Superintendent.
Virtually, the heated and more turbulent atmosphere of Paris. We
law now is, that whenever, after devices to prevent it are are liable, however, to exaggerate the importance of
exhausted, a receiver is appointed, he shall serve only such manifestations of feeling. The Frenchman is not
eighteen months, after which the Superintendent takes to be measured by the same standard as the English¬
his place ; this is not stated in precisely these terms, but man or even the American; and we do him injustice
when we expect to see at Versailles the same de¬
it seems to be the meaning of two acts taken together.
These acts confer additional powers on the Super¬ liberation and dignity found in the palace at West¬
intendent and bring him into much closer relationship minster and, with rare exceptions, in the Capitol
with failed banks ; his powers are now more ample at Washington.
In spite of these outbursts on the
than are those of the Insurance Superintendent, and the parts of sections and individuals, there is a sturdy
laws relative to savings banks are much better advanced, conservatism in the French character; and the history
in point of improvement, than are those relative to of the country since the establishment of the republic,
insurance. The powers granted might become mis¬ and the wise and prudent conduct of the successive
chievous in bad hands, but there is no middle ground governments, would do honor to any people. Irreconbetween giving the department power insufficient to cilables and radicals like Clemenceau, on the one hand,
make supervision effective and giving enough to con¬ and Bonapartists and churchmen like De Cassagnac, on
tain opportunity for wrong-doing. The practical value the other, are no doubt to be regarded as dangerous;
of State supervision must necessarily depend as much but if France continues in that cautious pathway of
upon the character of the person exercising it as upon progress in which the ninth year of the republic finds
the power granted him. At present the supervision of her, but little danger is likely to result from the return
banking interests seems to be as well lodged as that of of the legislative bodies to the national capital.
insurance interests is the contrary.
Indeed, so far are we from regarding with alarm the
movement decided upon, it seems to us to be a mere
announcement by the nation of the triumph of the
THE FRENCH CHAMBERS—THE RETURN
republic. It was never intended that the Chambers
TO PARIS.
should permanently remain at Versailles. In the circum¬
It has at last been decided that the French Chambers, stances it was a necessary but temporary expedient.
whieh for the last eight years have held their sessions in Amid the chaos begotten of the Commune and the siege,
Versailles, shall return to Paris.
It seems a very legislation in Paris, if not impossible, was at least
natural and proper conclusion to arrive at. Paris is the perilous. ^The retirement, until quieter times, to Ver¬
capital; and it is not to be denied that during these sailles was a scheme worthy of the genius of Thiers, and
eight years, while the Chambers have, so to speak, been was justified by all the circumstances of the time. It
in a sort of exile, it has been shorn of much of the glory was always, however, felt to be a great
inconvenience.
which tradition and custom have given it. With the It was an inconvenience to the Ministers and heads of
Chambers restored to their native seats, and with the departments; it was an inconvenience to at least most of
whole paraphernalia of government re-established on the members. Versailles is but eight miles distant from
the banks of the Seine, Paris will be Paris once more— Paris; and whether regard be had
to business or pleasure,
<c
the eye of Europe, the centre of the world.”
Paris has the superior attractions. Most of the members
There are, however, those who see in this movement of the government, and
many of the Senators and
not progress, but re-action—the triumph of the extreme
representatives, have their homes in Paris. To all such
radicals, who are impatient with the government for its there is, of course, the daily necessity of coming and
cautious and conservative policy.
It is, according to going between the two places. Such a state of things
auch, a concession to popular clamor—a sacrifice of could not continue after the causes which gave it birth
restrictions upon
June 21,
THE
1879 ]
The causes are no more;
had ceased to exist.
good government
resulted in success; the quieter
and now the desire of the Parisians
the
■New York
order and
prevail; the republican experiment
has
613
CHRONICLE
times have come;
and the wishes of
Ratio of
fire
Year,
Companies.
rate
of
prem's on
fire risks.
fire risks
losses to
written to
prtm's.
$1 of loss.
s
>—Companies of other States.—*
Amount
Average
Amount
Ratio of
fire loss-8
to premiums.
of Average
rale of
fire risks
written to prem. on
$1 of loss, fire risks.
1-1059
1871... 77 07
184-17
•7088
91-58
97-76
1872... 7014
204-20
*7035
85-46
95-83
1-2352
government and the legislative bodies coinciding,
Chambers and resumes her place as the
1873... 58*44
21311
•8029
60-13
127-84
1-3006
1874... 33 01
328-20
•7778
46-87
168-86
1875... 43*38
315-91
•7296
52-45
167-50
1-2609
11383
That is all. Let us hope that at
Versailles, moderate counsels will prevail.
1876... 4917
290-99
•6988
52-79
170-89
11083
1877... 52 14
289-27
•7325
58-35
171-20
11101
1878... 47-42
33609
•7007
51-45
207-94
10383
Paris receives the
capital of France.
Paris,
as at
CONDITION AND PROSPECTS
INSURANCE.
OF FIRE
The amount of risks written to
$1 of loss during the
larger, and the ratio of loss to premium receipts
was smaller in 1878, for both sets of companies, than in
The receipt of the complete report of the Insurance
any year shown except one. So far, this is a gratifying
Department of this State, enables us to prepare some result, but it is qualified by the decline in the average
interesting statements with regard to the insurance rate of premiums, since that decline must be ascribed
business of past years. The following is a comparative rather to excessive competition than to either a reduc¬
statement of condition, in several particulars, at the end tion in the actual cost of insurance or to increased
of each of the last five years, for joint-stock fire and knowledge of the business. When we come to look at
fire-marine companies only:
the ratio of losses to premiums and of expenses to
YORK STATE COMPANIES.
income, we find great differences between different
1875.
1874.
1878.
1877.
1870.
Assets
$50,548,470 $50,503,798 $59,258,075 $50,900,223 $55,985,070 companies, and results not so gratifying.
Of the 89
Capital
25,057,020
25,957,020 20,857,020 27,107,020 20,307,020
40,070,140
41,303,980 42,094,159 42,035,208 companies of this State, 25 consumed more than one-half
Liabilities
38,932,287
17,631,818
10,590,018 17,893,095 17,212,004 13,950,408 their premiums in losses; one consumed the whole, and
Surplus
Income
22,412,971
23,770,093 20,231,080 27,355,430
20,822,395
Losses
8,770,550
10,149,904
0,822,788
9,712,907
9,024,989 another’s losses were 123*11 per cent of its premiums; 5
year was
NEW
Dividends
Risks in force
..
3,030,943
3,028,455
3,903,002
3,715,738
3,263,524
.2,730,510,584 2,750,393,117 2,815,315,344 2,917,922,701 2,809,277,729
Risks written in
2,680,422,089 2,940,040,502 2,800,093,012 3,068,314,354 3,052,325,558
year
Premiums there¬
20,140,029
on
22,012,084
21,592,319
COMPANIES OF OTHER
24,522,894
25,935,114
STATES.
$07,804,871 $05,193,387 $00,702,030
29,700,420 28,276,090 28,745,170
Liabilities
49,498,310 52,728,403 52,149,513 50,905,165
14,107,488 15,135,406 13,043,874
Surplus
9,050,972
Income
27,820,281 31,124,700 33,704,300 35,247,637
Losses
15,253,058 12,392,087
13,408,703 12,818,745
3,492,690
Dividends
3,055,994
3,783,197
3,838,098
3,734,494
Risks in force.. .2,234,003,211 2,207,818,424 2,273,692,028 2,222,344,080 2,192,708,925
Assets
Capital
..
$04,700,841
$03,313,837
28,285,200
48,242,908
10,527,674
24,910,035
12,203,955
28,625,200
Risks written in
year.
2,347,090,818 2,451,422,343 2,138,829,880 2,272,455,053 2,108,041,800
Premiums there-
23,807,852
on
20,324,282
20,860,193
28,458,975
30,130,971
figures in general show a declining movement.
1875, 18 New York and 13 outside companies
These
In
expended $105,289 and $270,240 above income, leaving
the net excess of income over expenses $5,805,432 and
$6,974,407; in 1876, 39 New York and 14 outside com¬
panies expended $53 ,000 and $324,832 above income,
leaving the net excess of income $1,341,429 and $3,313,130; in 1877, 54 New York and 27 outside companies
expended $570,539 and $744,677 above income, leaving
the net income over expenditures $1,538,421; last year,
26 New York and 15 outside companies expended
$268,561 and $207,573 above income, leaving the net
excess of income $3,403,227.
In each of the three years
their
entire income, and 67 consumed thus over one-third of
income, while the average ratio of expenses to income was
36*16, against 36*09 for 1877. As to the 68 companies
of other States, 47 consumed in loss more than one-half
their premiums, but their working expenses were
relatively smaller, the largest ratio to income being
46*30, and only 25 of them expending thus more than
consumed in
working expenses more than one-half
one-third their income;
the average expense ratio was
against 28*02 in 1877. It is to be remembered
that these figures are for commissions, salaries, and other
working expenses only, and include neither losses nor
dividends. In this State, 7 companies paid no dividends
in 1878, against 4 in 1877; the rate varied from 4 to 30
per cent, and the average was 12*14, against 14 in 1877;
as to Other-State companies, the range was *07 to 40 per
cent, and the average was 12*61, against 13*09 in 1877*
The following shows the average rates paid during the
28*63,
last 20 years:
N. Y.
Year.
Cos.
1859-65.10*05
1866.... 6-76
1867.... 7-87
1868.... 9'60
1869.... 1103
1870.... 11-56
1871.... 1040
Other-State
All
Companies.
C08.
N.Y.
Year.
C08.
Other-Slate
Companies.
All
Cos.
7-63
14-20
11-31
1872....
9-28
5-49
9-41
7*59
1873....
8-46
8-24
835
8-96
8-27
1874.... 12-40
1875.... 13-71
1305
12-73
13-21
1345
12-89
13-67
13-09
13-55
12-61
12-55
11-10
10-24
13-75
12-23
13-35
12-34
1876.... 14-53
1877.... 14-00
12-41
11-58
1878.... 1214
-
successive increase in these
It appears that, roughly stated, of every $208 re¬
unpleasant figures, both in the number of companies
expending more than their income and in the excess so ceived $193 are expended; of the latter, $87 go for
expended; last year, it is gratifying to observe, there losses, $30 for dividends, and $75 for expenses; this is at
was a very marked change in the other direction.
The the rate of 43, 15, and 37 parts in the 100; in the com¬
ratio of expenditure to income ranged, in 1876, from 46 panies of New York and Brooklyn, of every $100 ex¬
to 160 per cent, the average being 94*40 in this State pended, $40 go for losses, $16 for dividends, and $42 for
and 89*36 outside; in 1877, the range was 62 to 143 per expenses. The causes of so large a ratio of expenses,,
cent, and the average^ 97*57 for this State and 96*43 and its possible remedy, we do not stop to discuss; but
outside; last year the range was 57 to 148, and the it is evident that no business ought to be conducted at
average was 92*87 and 92*30.
The following table an expense of one-fourth to one-half its entire receipts.
shows the relation of losses to business done during a
What the business needs more than anything else is*
series of years
ascertaining what living rates are, and, next, rigid
New York Companies.
/—Companies of other States.— adherence to those rates.
This is no truer to-day than
Amount
Amount of Average
Average
Ratio of
it has been for twenty years past, and it is sheer guess¬
rate of
Ratio of
fire risks rate of
fire risks
Jire
written to
prem's on fire losses
written to prem. on
loS8€8 lO
Year,
$1 of loss. fire risks, to premiums. $1 of loss, fire risks. work and hazard to accept a “cut” rate, not because
prem's.
•8695
*6099
6117
188-03
287-82
1859-65 56*97
it is enough, but because some other company is said to
136-79
•9770
•7459
74-83
179-82
1866... 73-67
be ready to accept it.
152-34
11579
56-69
Preliminary to adhering to just
•8399
204-73
1867... 58-20
167-74
1-0051
54-43
-7824
259-48
1868... 49-25
rates, must be the determining what those rates are; and
1-0810
55-11
167-84
•7566
280-28
1869... 47-15
although efforts have been made to gather the necessary
1*0128
15773
62-59
*7030
25307
1870... 55-41
1875-6-7, there
was
a
,
,
'
THE CHRONJCLE.
614
[Vol. XXVIII.
fires, there is yet much to be done before improvement in its value. A quiet demand is looked forward
statistics of
time to
come, and the more general impression
complete and usable record is had. A seems to
be that the position of the market will not vary
little more
a year ago, a law was passed in Massa¬
materially during the summer months. The present quota¬
chusetts requiring the Mayor and Aldermen in every tions for
money are as follows :
city, and the selectmen in every town, to furnish to the
Per cent. Open-market rates—
Per cent.
Bank rate
4 months’ bank bills
2
13*9112
Insurance Commissioner, each January, on a set of Open-market rates—
6 months’ bank bills.
1°8@1\
30 and 60 days’ bills
4 & 6 months’ trade bills. 2 92*2
1*4®
blanks prepared by him, a statement of the number of
3 months’ bills
1*4®
fires occurring during the previous year, the name of
The rates of interest allowed by the joint-stock banks and
owners, character of the property, cause of the fire, discount houses for deposits are subjoined :
Per cent.
amount of insurance, etc.
This information is to be Jointstock banks.
1
to for
anything like
a
than
some
..
..
tabulated and included in the Commissioner’s report,
and the first specimen of it is in his report for 1878.
Discount houses at call
do
with 7 and 14 dayB’ notion of withdrawal
*3
\
The
position of the Bank of England has not changed mate¬
The note circulation has increased,
which $2,525,182 was paid by insurance.
The-largest owing, probably, to the reports of failures in Lancashire; but
number, 743, occurred in dwellings; the next, 315, in the return indicates that the directors of the Bank have not
barns and private stables. Incendiarism is given as the experienced much demand for money. ‘‘Private deposits,”
however, continue to diminish in amount, and the liabilities of
cause of 391;
“exposure” as causing 249; defective the Bank being less, the falling off in the reserve to £18,811,705
chimney, 133; unknown, 351; accidental, 75. The point still leaves the proportion of reserve to liabilities at about 53
of these novel statistics is that only about 5 per cent of per cent. This is, of course, a high percentage, and indicates
the fires seem to be attributable to causes not prevent¬ that the Bank is in a very strong position. The supply of gold
is as mnch as £33,202,070, against £23,249,594 last year; and
able, and that considerably more than one-half the fires
the total reserve, which in 1878 was £10,850,794, is now £18,in Massachusetts occur in the classes of property usually
811,705.
regarded as among the preferred. The example set by
Annexed is a statement showing the present position of the
that State is worth following, that the cost of insurance Bank of
England, the Bank rate of discount, the price of con¬
may be brought more clearly within the field of actual sols, the average quotation for English wheat, the price of
knowledge, and that, furthermore, the practices of Middling Upland cotton, of No. 40 mule twist, fair second quality*
and the Bankers’ Clearing House Return, compared with the
builders
be reformed.
may
The Massachusetts three
previous years:
Commissioner
remarks
“ defective
that
There
were
1,728 fires, causing a loss of $3,683,265, for rially during the week.
chimneys”
and other
Circulation, including
because “ the
Public deposits
building defects which produce fires exist
people do not yet realize that they pay
the losses by fire—they have an idea that the insurance
companies pay them.” Low rates and “easy” insurance
are
to stimulate the carelessness which is at the
sure
bottom of the
enormous
annual destruction
by fire.
©ijraromial guoXisTx Heurs
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHANGE AT LONDON—
June 6.
EXCHANGE ON LONDON.
bank
1879.
1878.
1877.
£
£
£
1876.
£
29,649,125 27,685,262 28,288,281 28,056.978
post bills
Other deposits
Govemm’t securities.
7,559,796
27,716,936
6,951,475
21,762,858
14,678,635
16,556,441
19,208,653
Other securities
19,696,233
Res’ve of notes & coin 18,811,705
Coin and bullion in
both departments.. 33,202,070
Proportion of reserve
52 93
to liabilities
Bank rate
2p . c.
Consols
x97^
Eng. wheat, av. price.
41s. 5d.
Mid. Upland cotton...
7*ed.
No. 40 mule twist
7,243,548
21,702,873
10,850,794
8,971,487
20,048,680
15,214,859 1*,575,818
19,379,635 17,484,551
12,189,816 14,867,171
23,249,591
25,225,001
27,617,181
37*41
2*3 p. c.
96*8
41*25
3 p. c.
943s
2 p. o.
50s. 4d.
6*4d.
66s. lid.
57sd.
46s. 4d.
6d.
93*d.
50 07
93 *g
9^d.
lid.
Clearing-Housereturul03,248,000 116,883,000 106,768,000 83,320,000
There has been
some
excitement in the silver market
during
the week, and fine bars have realized as much as 52%d. per
ounce.
The steamer for the East has taken out only £42,000,
speculative realizations having lately taken place,
quotation has declined to 52d. per ounce. The firmness of
Amsterdam. Short.
June
5 Short.
12.0*2 £ 12.H*
the silver market has naturally given a better tone to the
12.06
Amsterdam. 3mos.
12.23*@12.3*4
Indian exchanges, and the Council bills have sold at an
25.35
@25.40
June
5 Short.
25.20
Antwerp
Paris
Short. 25.16*4^25.16*4 June
5 Cheq’s
25.18
advance of 2 per cent, or at Is. 8 3-16d. The Indian GovemParis
3mo3. 25.31 *4@25.36*4
20.55 @20.59
June
5 Short.
Hamburg
20.41
ment, in consequence of this improvement, have decided to
Berlin
20.56 @20.60
5
June
20.41
increase
the weekly sale from £300,000 to £350,000. Some
Frankfort...
20.56 @20.60
20.41
[June 5
3 3mos.
June
23%@2338
St.Petersb’rg
233*
regard the upward movement in silver as chiefly speculative,
Vienna
June
5
11.80 @11.85
116.90
but in the best-informed circles this is not thought to be the
Madrid
3
June
46%@47
47.80
Cadiz
47 @47*4
case.
That there has been some speculation is not disputed;
27.75 @27*80
Genoa
June 5 3mos.
27.35
Milan
27.75 @27*80
June 5
27.35
but even at 52%d. per ounce—the highest price attained for a
27.75 @27*80
June
5
Naples
27.35
Lisbon
90 days
52 @52*8
long time past—Germany was not a seller of the metal. It is
Is. 8*8d.
June
5 6mos.
60 days
Is. 87njd.
Bombay
concluded, therefore, that it is true that the German Govern¬
Calcutta....
la. 8*ed.
5
June
Is. 87] od.
ment will cease to offer large supplies here ; and this, with the
Hong Kong
3s. ll*4d.
(J'»no 4
“
June
4
Shanghai....
5s. 4d.
other well-known cause, is sufficient to justify the rise in prices.
New York...
June
6 60 days
4.88**
June 3 3mos.
Constan’ple..
110.06
Although the market is now less buoyant, the re-action has
Alexandria
June
3
9730
been trifling, a relapse of %d. having taken place. Mexican
[From our own correspondent.!
dollars have been in request, and business has been done in
London, Saturday, June 7, 1879.
them at 52%d. to 53d. per ounce. The price is now 52%d.
The following are the current rates of discount at the prin¬
Mercantile difficulties have been reported in the manufactur¬
ing districts during the week, and the money market has, in cipal foreign markets:
Bank
Bank
Open
Open
consequence, assumed a firmer appearance.
Some merchants
market.
rate.
market.
rate.
have borrowed more largely, in order to provide against
Pr. ct.
Pr. ct.
Pr. et.
Pr. ot.
4 @4^4
2.
Vienna
Trieste
A
Paris...
1^8@1®8
4*2
contingencies, and the banks and discount houses have been Brussels
3
5
3*4®3*2
2*4®2*9 St. Petersburg..
more reluctant to lend.
3*4®3*8 Madrid, Cadiz <fc
Although, however, a slight improve¬ Amsterdam..
3*2
4 @5
2 @2*4
4
3
Barcelona....
ment has taken place, the rates of discount are stillTow, the Berlin
5 @6
5
3
2*e@238 Lisbon & Oporto
Hamburg
2 @2*4 New York
3 @4
3
quotation for three months’ bills being only 1% per cent. By Frankfort
3
7
2*4@2*a Calcutta
TjP.ipzi g
some, it is thought that the value of money will improve, but Oenoa'T
"3
4
4 @4*3 4 @4*3
Copenhagen
3
3
in well-informed quarters there is no belief in such a move¬ Geneva
ment. Precautions may have the effect of creating
The cable will have informed you that Baron Rothschild,
a little
more stringency; but the circulation of
the
head of the London firm, died on Monday last, in the 7lst
reports of the continued
unsoundness of certain branches of our trade, and the announce¬ year of his age. Yesterday a week, he was in the city, directing
ment of actual failures, cannot but have the ultimate effect of the work of the firm; but rheumatic gout, from which he has
curtailing the demand for money, and. of preventing an suffered for the last twenty years, assumed a dangerous form
On—
Time.
Rate.
Latest
Date.
and
Time.
Rate.
some
the
it
....
“
...
u
a
4*
a
a
a
<<
66
44
a
n
a
a
66
....
66
66
.
....
.
....
....
41
.
....
r
...
...
...
...
...
‘
...
...
...
•
June
THE CHRONICLE
21,1879.1
Saturday and Sunday, and brought about a fatal result early
on Tuesday.
The remains were interred yesterday in the
Jewish cemetery at Willesden, near London, amongst a large
crowd of the Jewish community, but with the greatest
simplicity. The three sons of the late baron succeed to the
London business, viz., Sir Nathaniel, Mr. Alfred (one of the
AMERICAN DOLLAR BONDS AND SHARES.
on
of the Bank of England) and Mr. Leopold. The
partnership will, now consist of these three gentlemen. The
late baron was earnestly devoted to the work of the firm, and
the assiduity of his attention added very materially to the
firm’s reputation. The public always had confidence in the
loans which they introduced, as they never became contractors
for any government in which they could not place full reliance.
Hence, we find that none of the governments who raised
money in this country, and who proved unfaithful to their
creditors, succeeded in inducing the Rothschilds to negotiate a
governors
loan for them.
been the last
operation seems to have
Egyptian loan, the result of which has yet to be
The most speculative
ascertained.
615
Redm.
Albany & Susquehanna cons, 1st mort. 7s, Nos. 501
to 1,500 inclusive, guar, by Del. & Hudson Canal. .1906
Atlantic & Great Western 1st mort., $1,000, 7s
Do
*
2d mort., $1,000, 7s
Do
3d mort., $1,000
-.
Do 1st mort. Trustees’ certificates'.
Do 2d
do
do
Do 3d
do
do
Atlantic Mississippi <fc Ohio, con. mort., 7s
Do
Committee of Bondholders’ ctfs
Baltimore & Potomac (Main Line) 1st mort, 6s
June 7.
105
1902
1902
....
1902
©107
©....
©....
©
33
14
©
©
6^©
1905
41
41
102
35
15
7*2
43
43
©104
©
©
1911
(Tunnel) 1st mort., 6s, (guar, by
Pennsylvania & No. Cent. Railways)
1911 103 ©105
Burl. Cedar Rap. & No. RR. of Iowa 1st mort
80 © 85
Canada Southern 1st mort. new issue, guaranteed for
© 87
20 years from 1878 by N. Y. Central
85
1908
© 54
52
Central of New Jersey $100 shares
95 © 97
Do
Cons, mort., 7s, with Oct,’79 cp.1899
Do
Adjustment bonds, 7s
1903 205 ©107
67 © 69
Do
Income bonds, 7s
1908
Central Pacific of Cal., 1st mortgage, 6s
1896 114 ©115
Do
Cal. & Oregon div., 1st M.,gold bonds, 68.1892 103 ©105
Do
Land grant bonds, Gs
1890 103 ©105
100 ©102
Clucago Bur. & Quincy, sinking fund bonds, 5s
©
Chic.St.L. <fcN.O., 2d M. $10,000 red.ann. by Ill.C.,6s.l907
103
@105
Delaware & Hudson Canal mortgage bonds, 7s
55
© 60
Detroit & Milwaukee, 1st mortgage, 7s
1875
55 © 60
2d mortgage, 8s
Do
*.1875
©
Erie $100 shares
30 © 31
Do Rccons. Trustees’ assessment $6 paid
Do
Exchange during the week has been
27 %© 28 J4
do
$4 paid
remarkably quiet, and there has not been much movement in Do
©
Do Preference shares, 7s
52 © 54
prices. The weather has been unsettled, but although much Do Recons. Trustees assessment, $3 paid
51 © 53
do
Do
$2 paid
rain has fallen, especially in the home counties, there has been Galveston &
96 © 98
Harrisburg, 1st mortgage, Gs
1911
88 © 90
niinois Central $100 shares
a fair amount of sunshine, and vegetation has made considera¬
Do
Bonds, 1 st mort., Gs, Chic. & Spilngf. 1898 109 ©111
ble progress. It must, however, be admitted that the season is Lehigh Valley, consolidated mortgage, 6s
1923 104 @106
©
Marietta & Cincinnati Rail. guar. 1st mort., 7s....
.1891
more favorable to grass and roots than to cereals.
In spite, Missouri Kan. & Tex. 1st mort.
67 © 70
guar, gold bonds, 7s.. 1904
126*2© 127*2
however, of the fact that the prospects of the wheat crop in New York Central & Hudson River mort. bonds, 7s
....©
Do
$100 shares
this country are unsatisfactory, there is no life in the trade, New York Lake Erie & Western 1st. cons. mort. fund.
coupon bonds, 7s
1920 113 ©115
and prices during the week have scarcely varied. The stocks
Do ’
2d con. mort. fund. coup, bonds, 5 per
73*2© 74*2
of wheat in granary are light; but millers consider an abund¬
ct. till June 1,’83. and 6 p. ct. aJter.. .1969
Do
2d con. mort. bonds, 6s
73L2© 74*2
1969
ant supply afloat, in these days of rapid communication, as equiv¬
35 © 40
Oregon & California 1st mort. bonds, 7s
1890
31
© 33
Do
Frankfort Committee recpts., x coup
alent to large granaried supplies, and operate accordingly. In the
371*2© 38*2
Pennsylvania, $50 shares
south of France and in other early localities, harvest work will
Do
1 st mort., Gs
1880 105 @107
106
©108
Do
con. sinking fund mort., 6s
^.1905
be soon commencing; but in the north of France, the crops are
19*2© 20*2
Philadelphia & Reading, $50 shares
backward, and it is difficult to say when a commencement will Pittsburg Ft. Wayne & Cliic. equip, bonds, 8s (guar.
110 @112
by Pennsylvania RR. Co.).
be made. A few years ago, such a condition of things would Union
Pacific Land Grant 1st mort., 7s
1889 114 @116
© 78
73
have had the effect of producing firmness and activity in the Union Pacific Railway, $100 shares
Do
lstmort., 6s
1898 113 @115
trade; but no such effect is produced now. From the present
STERLING BONDS AND SHARES.
7 @
8
time to harvest, the markets were called “weather” markets; Alabama Gt. South. Lim. A 6 per cent pref
B ordinary
214©
Do
2%
but now it seems that as long as there are no bad reports from Allegheny Valley, guar, by Penn.
1910 108 ©110
RR. Co
©
the United States and Russia, it matters little whether it rains Atlantic & Gt. West. con. Mt. Bischoff certs., 7s, (a).. 1892
©
Do
reorganization, 7s
1874
or shines.
In order to make their farms pay, British farmers
© 57
Do
leased lines rental trust 1872, 7s
1902
© 19
16
Do
do
1873,7s
1903
require to produce large or good crops per acre. Rents are
40 © 45
Do
Western Extension, 8s
1876
40 © 45
Do
do
7s, (guar, by Erie RR.)
high, and the rate of wages has increased, and as we can pretty Baltimore
1895 110 ©112
& Ohio 6s
Do
Gs
1902 110 ©112
confidently depend upon ample supplies from abroad, it is
Do
Gs
1910 108 ©110
better for the farmer to grow a large crop and sell it at a low
Do
96*2© 97*2
5s, 1877
1927
30 © 35
1909
price than to raise an indifferent one and sell it, owing to for¬ Cairo & Vincennes, 7s
Chicago & Alton sterling consol, mort., Gs
1903 110 ©112
eign competition, also at a low price. A short time ago, I Chicago & Paducah 1st mort. gold bonds, 7s
©
sl902
1914 102* ©104
mentioned that last year’s crop, although it has been sold thus Clove. Columbus Cinn. & Indianap. consol, mort
80 © 82
Eastern Railway of Massachusetts, Gs
1906
©
far at 10s. per quarter less than the preceding crop, has Erie convertible bonds, Gs
1875
©
Erie 1st consol, mort., 7s
1920
realized in actual money rather a larger amount. Had the
112 ©114
Erie ex-Recons. Trustees’ certific’s of G coups., 7s
89 © 91
Illinois
&
St.
Louis
1st
mort..
Bridge
7s
1900
crop been of better quality, and been harvested in good condi¬
43 © 48
2d mort., 7s
Do
tion, it would have yielded a much more satisfactory result Illinois Central sinking fund, 5s
1903 102 ©104
Do
Gs
1895 112 ©114
than the crop of 1877, which realized an increased price of 10s.
Do
5s
1905 101 ©103
©.
1891
per quarter. Farming, to be profitable in this country, will Illinois Missouri & Texas 1st mort., 7s
103 ©105
Lehigh
Valley
mort.,
“A,”
6s
.'
consol,
have to be conducted on different principles. The raising of Louisville &
Nashville, 6s
1902 102 ©104
1901 106 ©108
meat and dairy produce will have to engage increasing atten¬ Memphis & Ohio 1st mort., 7s
Milwaukee & 8t. Paul 1st mort., 7s
1902 110 ©112
tion, as these are commodities which yield considerable profit. N. Y. & Can. Railwajr, 6s,(guar. byDel.A Hud. Canal)1904 95 © 97
N. Y. Central & Hudson River mort. bonds, 6s
1903 117 ©119
When, however, we talk of the difficulties against which the Northern Central Railway consolidated mort., 6s
93 © 95
1904
farmer has to contend, and the lasses he sustains, it must Panama general mortgage, 7s
1897 111 ©113
©....
Paris & Decatur.,
..1892
always be borne in mind that the British fanner lives well, and Pennsylvania general mortgage, 6s
1910 il4 ©116
consolidated sinking fund mort. 6s
Do
1905 107*2®108*2
charges the chief of his domestic expenses to the farm account. Perkiom.
©....
eon. M., June, 1873, guar, by Phil., &c., 6s. 1913
Business
the Stock
on
--
..
....
....
o;>
This is not the custom in other kinds of business, and when he
he has only made so many hundred pounds during the
year, he means that he has saved that amount.
The following are the closing quotations for consols and the
principal Ameiican securities:
says
June 7.
Redrn.
CoiiboIh
United States 6s
funded 5s
Do
Do
Do
10-40s, 5s
funded, 412S.
'Do
funded, 4s
Louisiana Old, 6s
Do
New, Gs
Do
Levee, 8s.
<•
.
,
9738'w 97*2
1081*2@l091i>
1881
1881
10512©106
1904
103
1891
1907
108 *2© 109
104%©10514
.
Do
Do
do
do
Do
8s
Gs
5s
5s
Do
5s
Do
Do
Do
5s....
Massachusetts
.
5s
5s
1875
*...
1888
.......1894
1900
1889
1891
1895
Virginia stock 5s
Do
Do
Gs
New funded Gs
42
42
104
107
108
106
107.
108
24
1905
30
58
©104
©
©
©—
© 52
© 52
©106
©109
©110
©108
©109
©110
© 28
© 33
© 60
3 ys. fnd. cps. Dec. ’77 to Jn. ’80, both in
scrip issued for funded coup., ’77 to ’80
Philadelphia & Erie 1st mort.,6s, guar, by Penn. RR.1881
Do
6s, with option to be paid in Phil
Do
6s, gen. mort., guar.by Penn. RR.1920
Philadelphia & Reading gen. consol, mort., 6s
1911
Do
improvement mortgage, 6s.. 1897
Do
Do
x
Do
gen. mort. ’74 ex def. cps., 6s
Do
scrip for the deferred l> coup
Pitts. <fc Connells, con. mort., 6s, guar, by B.
O. Co
South & North Alabama bonds, 6s
St. Louis Tunnel, 1st mort.guar. by I. & St.L. B. Co., 9s. 1888
Union Pacitie Railway, 8s, Omaha Bridge
1896
United New Jersey Railway & Canal 6s
1894
do
Do
do
6s
1901
57
© 60
©....
©104
©104
©103
©103
© 89
© 67
© 75
©104
©
©
97
66
©114
©114
©115
During the week ended May 31, the sales of home-grown
produce in the 150 principal markets of England and Wales
amounted to 49,308 quarters, against 33,548 quarters last year;
and it is estimated that in the whole kingdom they were 197,250
quarters, against 134,200 quarters in 1878. Since harvest the
deliveries in the 150 principal markets have been 2,135,467 quar¬
ters, against 1,658,244 quarters; and it is computed that in the
whole kingdom they have been 8,542,000 quarters, against
6,633,000 quarters in the corresponding period of last season.
[Vol. xxvin.
THE CHRONICLE.
616
week ending (for general
reckoning the supplies furnished ex-granary at the (for dry goods) June 12 and for the
commencement of the season, it is estimated that the following merchandise) June 13:
Without
quantities of wheat and flour have been
placed upon the British
markets since harvest:
1877-8.
1876-7.
1875-6.
30,486.113
40,797,206
produce
Total
Deduct
exports
wheat and flour
5,271,834
4,995,688
37,014,700 28,777,700 30,652,000
30,964,500
66,409,947
76,757,394
78,373,722
1,456,048
747,852
584,132
78,356,142
76,917,674
65,660,095
76,173,262
51s. 3d.
51s. 4d.
45s. 5d.
Result
Av’ge price of English
40s. 8d.
wheat for the season.
Annexed
are
of cereal
produce into and from the United Kingdom since harvest, viz.,
from the 1st of September to the close of last week, compared
with the corresponding period in the three previous seasons :
1875-6.
1876-7.
1877-8.
30,486,113 40,797,206
42,942,017
Wheat.
cwt.30,072,646
Barley
8,788,126
10,803,887 10,856,429
7,144,108
6,733,137
5,271,834
4,995,688
8,248.752
1,243,452
1.089,724
25,038,666
Oats
Peas
Beans
Indian
Flour
corn
8,258,900
7,844,813
1,021,515
1,142,880
3,631,889
2,857,485
25,702,494 18,592,429
8,770,801
1,353,173
2,537,252
24,960,128
6,654,005
EXPORTS.
Wheat
cwt. 1,357,005
1,393,974
Barley
98,593
44,647
Indian
corn
Flour
713,277
565,382
83,450
21,787
25,724
394,684
269,682
30,244
7,709
35,997
18,750
22,491
44,274
76,074
17,547
18,642
197,771
62,074
74,623
15,148
11,799
357,219
107,336
Oats
Peas
Beans
1875-6.
1876-7.
1877-8.
1878-9.
36,515
public sales of Colonial wool have been shortened by one
week, and will terminate this day fortnight, the 21st inst. A
firm tone continues to prevail, and home-buyers are still operat¬
ing freely.
German buyers are also taking a moderate
quantity, and there has also been a little more life in the
The
French demand.
This branch of
trade
our
seems
to be
more
satisfactory than any other.
daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
London Money and Stock Market.—The bullion in the Bank
of England has increased £728,000 during the week.
Wed.
Sat.
Mon.
Tues.
Thurs.
Fri.
June 14. June 16.June 17.June 18.June 19.June 20.
52
51%
52%
52%
525s
d, 52%
,
97%
1055s
10S%
1055s
1055s
108%
104
104
108
104
Erie, common stock
Illinois Central
28%
89%
Pennsylvania
39
97%
28%
89%
39%
21%
28%
89%
39%
21
97%
1055s
108%
1055s
97%
105%
108%
108
104'
103%
103%
27%
27%
89
89
28%
89%
20%
new
4
“
.
8
7
9
9
8
9
4
4
Sat.
d.
Pork, West. mess.. $bbl.46 0
Bacon, long clear,cwt..26 6
Short clear
“ ..27 6
Beef, pr. mess,
tierce.76 0
0
0
Lard, prime West. $cwt.33
Cheese, Am. ch.new “ 39
Mon.
d.
s.
46 0
26 6
27 6
76 0
33 3
38 0
Wed.
Tues.
s.
d.
46 0
26 6
27 6
76 0
33 3
37 0
s.
46
26
27
76
33
37
Pet’leum, ref. $ gal... 3>
Pet’leiun, spirits “
'W
..
•
.
.
$6,513,296
107,543,338
d.
0
6
0
0
0
0
$6,252,760 $6,315,753 "
152,185,266 138,828,438
$4,820,173
118,975,091
1..$114,056,634 $123,795,264 $158,438,026
Thurs.
s.
d.
23 6
8 4
5
7
9
2
9
5
8 9
9 3
4 3
4 1
Fri.
8.
d.
23 0
8 3
7 5
9 1
9 4
8 9
9 3
4 3
4 0%
Thurs.
s.
d.
37
Wed.
d.
Tues.
d.
.
The following will show the exports of specie from the port
of New York for the week ending June 14, 1879, and also a
comparison of the total since January 1,
corresponding totals for several previous years:
June.
9—Str. Bermuda
Crescent City
Scythia
Am. silv. coin..
Asplnwall
Liverpool
Am. gold coin.
$20
5,000
250,000
Am. silv. bars.
70,000
Mex. silv. dols.
Am. silv. bars.
..Am. gold coin.
7,045
9,240
2,000
Am. gold coin.
Fr. silver coin.
Paris..
Herder
London
Liverpool..
Savanilla
Greytown
12—Str. Baltic
14—Str. Atlas
14—Str. City of Chester
14—Str. Mosel..
Am. gold coin.
Am. gold coin.
..Liverpool
Southampton
Am. silv. bars.
London../
Total for the week
9—Str.
Same time in—
1874
$27,388,285
1873
25,759,327
1872
33,436.823
1871
39,757,150
0
6
0
0
0
0
s.
46
26
27
76
33
37
7%3>7%
..
3>
..
. ..
-3)
6%3>6%
.
.
7
3)7%
..
®
®
68,000
gold).$10,747,433
Same time in1870
$16,453,080
14,147,722
45,593,159
1869
1868
1867
23,455,564
Saratoga
14—Str. Britannic
Total for the week ($95,900
Am. silver
21,925
10,052
185
700
63,265
gold
:.
Foreign gold...
Am. silver
Am. silver
$106,137
silver, and $10,237 gold)
Previously reported ($4,042,994 silver,
and $630,281 gold)
1, ’79 ($4,138,894 silver, and $640,518
1,920,564
6,734,059
575
Am.
Hamilton
Havana
Liverpool...
Flamborough
$9,045
390
Am. silver
Silver bars
St. Thomas
of Para
Foreign silver.
Same time in—
1874
$2,423,389
1873
2,594,115
1872
732,485
1871
3,167,507
..
4,673,275
gold)..$4,779,412
Same time in-
$7,047,872
1870
1869
1868
1867
9,594,678
3,951,234
1,589,049
the Cur¬
national bank notes
1874, and
National Bank Notes—
Outstanding when Act of June 20,1874, was passed .... $349,894,182
Issued from June 20, 1874, to Jan. 14, 1875
$4,734,500
Redeemed and retired between same dates...
2,767,232
.
Increase from June
1,967,268
20,1874, to January 14,1875
Outstanding January 14,1875
Redeem’d and retired from Jan. 14,’75, to
Siirrended between same dates
date $74,792,287
11,101,702
$351,861,450
$85,893,989
62,105,350
.
d.
0
6
0
0
0
0
Decrease from January
$23,788,639
14,1875, to date
Outststanding at date
$328,072,811
.-
Greenbacks—
On deposit in the
of insolvent and
Treasury June 20, 1874, to retire notes
liquidating banks
%
Deposited from June 20, 1874, to date, to retire national
Fri.
d.
..
250,000
specie at this port for the same periods have
City of Mexico... Vera Cruz
9—Str. City
•
350,000
$1,044,869 gold) 9,731,333
Jan.1,’79 ($8,845,569 silver, and $1,901,869
Same time in1878
$8,532,807
1877
17,913,238
1876
26,731,441
1875
47,024,525
4,800
$1,016,105
{$159,105 silver, and $857,000 gold)
Previously reported ($8,686,464 silver, and
Tot. stnce
1879, with the
St. John, P. R
Total redeemed and surrendered
Issued between same dates
Fri.
Thi»s.
d.
63s@6% 6%®
$145,144,191
The following is a statement of the Comptroller of
rency, showing the issue and retirement of
and legal tender notes, under the Acts of June 20,
cotton.
46
26
27
76
33
1879.
1878.
1877.
1876.
For the week....
Prev. reported..
banknotes
Mon.
d.
.
FOR THE WEEK.
EXPORTS FROM NEW YORK
1876
1875
London Petroleum Market.—
Sat.
d.
.$149,006,396 $156,780,389 $133,477,460 $143,742,691
report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending June 17:
Same time in1878
$12,729,183
1877
7,243,409
Liverpool Provisions Market.s.
$8,297,910
$6,282,076
$6,172,576
148,482,479 127,195,384 137,570,115
January 14,1875, to June 1, 1879:
4
5
2
5
9
3
3
1
5,278,252
our
Tot. since Jan.
20%
....
on
Wed.
d.
s.
23 6
Tues.
Mon.
s.
d.
d.
s.
23 6
23 6
8 4
8 4
7
7 5
5
9 2
9 2
9 5
9 5
8 9
8 9
9 3
9 3
4 3
4 4
1% 4 1% 4 1
Sat.
s.
d.
Flour (ex. State) $ bbl..23 6
Wheat,spr’g,No.2,1001b. 8 4
Spring, No. 3...
7 5
“
Winter, West.,u.
“
9 2
Southern, new
“
9 5
Av.Cal. white..
“
8 9
California club.
“
9 3
Corn,mix,sft,old,$cent’l 4 4
Prime,
97%
39%
Liverpool Cotton Market.—See special report
Liverpool Breadstuffs Market.—
.
97%6
9/3{6
97316
97318
97<>i6
97ii6
Consols for money
Consols for account
U. 8. 5s of 1881
U. 8. 4%sof 1891
TJ. S. 4s of 1907
Philadelpliia& Reading. 20%
12—Str.
5,512,876
7,520,418
June.
The
97316
$5,733,733
143,272,663
The imports of
been as follows:
English Market Reports—Per Cable.
Silver, per oz
120—Str.
Total week
Prev. reported..
Tot. s’ce Jan.
IMPORTS.
1878-9.
5,015,399
$894,324
$769,200
$777,492
$718,334
1879.
1878.
1877.
General mdse..»
In
figures showing the imports and exports
1876.
Tot. s’ce Jan. 1.
79,820,483
of
1,461,341
FOR THE WEEK.
FOREIGN IMPORTS AT NEW YORK
Dry Goods
42,942,017
6,654,005
1878-9.
Imports of wheat.cwt.36,072,646
6,733,137
Imports of flour
Sales of home-grown
'
•
.
Total deposits
Circulation redeemed by Treasurer
without re-issue
between same dates,
....
$3,813,675
86,708,986
$90,522,661
77,559,519
$12,963,142
©jowwevcial audHUsc^Uaujemis Mcxos. Retired under Act of January 14,1875
$35,318,984
Outstanding at date.
346,681,016
St.
Paul
&
Pacific.—The
St.
Vincent
Extension
was
sold in St.
Imports and Exports for the Week.—The imports of last
Paul, Minn., June 14, under foreclosure of the $15,000,000
week, compared with those of the preceding week, show
mortgage, and bought for $1,600,000 for account of the St.
<t decrease in
On
deposit at date
dry goods and an increase in general merchandise. Paul Minneapolis & Manitoba Company.
—J. P* Farley, late receiver of the St. Paul & Pacific Rail¬
imports were $6,172,576, against $5,352,400 the pre¬
road,
has sued the reorganized company, under the name of
ceding week and $5,925,984 two weeks previous. The exports
St. Paul Minneapolis & Manitoba Railroad, for one-fifth interest,
for the week ended June 17 amounted to $6,315,753, against
amounting to several million dollars, claiming to have beem
$5,540,538 last week and $6,791,038 the previous week. The excluded from his rights in the reorganization by the bond¬
following are the imports at New York for the week ending holders.
The total
THE CHRONICLE*
21,1879.]
June
Tennessee Railroads.—The United States Circuit Court at
Nashville has adjourned until August 4, at which time Judge
Swayne will hear the cases of S. Amory Stevens, of New York,
and others, against the Tennessee railroads, in which it is sought
to set up the claim that the railroads are liable for the payment
of Tennessee State bonds to the amount of $14,000,000, for which
they have already settled with the State in full, by payment in
bonds of the State at par.
'
i
617
greater in 1878 than in 1877 ; while that of iron rails was
Open-hearth steel rails appear in the statistics
of last year’s rail production for the first time. In 1879 we will
probably produce as many rails as in 1872, when we made
tons
9,650 tons less.
1,000,000 tons.
Nineteen States and the Territory of Wyoming made rails in
1878. In 1877 Michigan dropped out of the list of rail-making
In March of that
which had been removed
operation at Pueblo, but
Wabash—Chicago & Paducah*—It is now stated that the Wab¬
ash has acquired control of the Chicago & Paducah Railroad, near the close of the year it was removed to Denver. A
with agreements looking to its completion to Chicago. This mill was commenced several years ago at Ogden City, Utah Ter¬
road extends from Altamont, Ill., to Streator, and thence to ritory, and it is now stated that it will this year be ready to re¬
Strawn. From Strawn to Chicago, about ninety miles, the road roll iron rails. In 1878 Pennsylvania made 46 per cent of all
the rails made in the United States, and Illinois made almost
is to be built following nearly the old Decatur air line survey.
one-half as many rails as Pennsylvania. Illinois alone made as
Iron Trade of the United States.—The report for 1878 of the many rails in 1878 as the whole United States made in any one
Secretary of the American Iron and Steel Asso., Mr. James M. year prior to 1860.
The first importation of Bessemer steel rails into this country
Swank, was issued a short time since, showing that the produc¬
tion of pig metal in 1878 was greater than in any previous year was in 1863, when a few tons were imported from England, ana
since 1874. This improvement is accounted for by the increas¬ $150 a ton were paid for them in gold. In 1867, when this,
ing business of the foundries and machine shops, and the country first began to make Bessemer steel rails to fill orders,,
growth of the Bessemer steel industry. The following is an the price of English steel rails fell in our markets to $118 in
abstract of the report:
gold. As a result of the domestic competition in the manufac¬
The year 1878 witnessed an increased production of pig-iron ture of steel rails which was established in that year the price
in the United States over the year 1877, as 1877 had witnessed of these rails has since declined with great regularity, until in
an increased production over 1876, which was the year of lowest
1877 American Bessemer rails were sold as low as $40 a ton, with.'
production since the panic of 1873. The production of pig-iron an average for the year of $45 50, while in 1878 the average
in 1878 was 2,577,361 tons of 2,000 pounds, and from 1854 to fell to $42 25, which is about the price ruling at the works at
the date of this report. The price of steel rails is now less than
1878 it has been as follows:
half the price of iron rails at so recent a period as 1872.
annual Production of pig iron in the united states from 1854
5967481 1872.
TO
Tons.
Year.
...4581
...5581
...6581
...7581
...8581
...9581
...0681
736,218
784,178
883,137
798,157
705,094
840,627
year a mill for re-rolling iron rails,
from Danville, Penn., was put in
1878, TONS 2,000 POUNDS.
Tons.
Year.
1861.
731,544
1862.
787,662
1863.
947,604
1864. .1,135,996
1865.
931,582
1866. .1,350,343
.
.
.
.
Year.
1867.
Tons.
.1,461,626
1868. .1,603,000
1869. .1,916,641
1870. .1,865,000
1871. .1,911,608
1872. .2,854,558
Year.
Tons
1873. .2,866,278
1874. .2,689,413
1«75. .2,266,581
1876. .2,093,236
1877. .2,314,585
1878. .2,577,361
919,770
AVERAGE
PRICE
OF
NO.
DELPHIA FROM
Yr.
1842
Av’ge.
25%
29*4
27'7e
30%
26i2
22 34
1850.....2078
1 ANTHRACITE FOUNDRY PIG IRON IN PHILA¬
1842 TO 1879, PER TON 2,240 POUNDS.
Yr.
Av’ge.
1851. ...213s
1852. ...2258
1853. ...3618
1854. ..367e
1855. ...2734
1856. ...271s
1857. ...2638
1858. ....2214
.
Yr.
Av’ge.
1859....233q
1860....22%
1861....20%
1862....23%
1863....35%
1864....59%
1865....4618
Yr.
Av’gA
1866....46%
1867....441s
1868....39%
1869....405s
1870....33%
1871....351s
48 78
Yr.
Av’ge
1873....42%
1874....30%
1875....25%
1876....22%
1877....187s
1878. ...175g
1879
The increase in 1877 over 1876 was 221,349 tons ; and in 1878
1877 it was 262,776 tons. If a similar rate of increase be
maintained in 1879, as we have no doubt it will be, the produc¬
tion in this year will equal that of either of the exceptionally pro¬
ductive years 1872 and 1873; while a much less rate of increase
will carry our production in 1880 above 3,000,000 tons. Joined to
the reduction in stocks of pig iron which took place in 1877
and 1878, the fact is fullv established that the consumption of
over
pig iron in this country has greatly increased since 1876. This
increased consumption is not wholly accounted for by the
growth in the past two years of the Bessemer branch of our
steel industry, rapidly as it has been developed ; and it is to be
noted also that the production of iron rails and all forms of
rolled iron was less in 1877 than in 1876, and but little greater
in 1878 than in 1876.
States, and in 1878 Colorado entered the list.
The inference is therefore clear that,
—Among the prominent mining corporations which
have es¬
financial agencies in this city is the Calabasas Land
and Mining Company, with headquarters at 115 Broadway.
The property of this company is said to comprise some valu¬
able lodes. The company was organized under the laws of th.e
tablished
stock of $10,000,000, in
of carrying on mining
operations in Arizona, and also to lay out town sites and deal
in real estate in that territory. It owns a laige tract of land in
the Santa Cruz Valley, Arizona, now known as the town of Cala¬
basas, which the projectors of this enterprise think will be, at
a very early date, one of the most important trade centres of
The company also owns Six mines on the famous San
Arizona.
Xavier Lode, which are now being operated with results re¬
ported to be satisfactory. Each purchaser of stock receives a
title to a lot in the town, free of encumbrance. It is proposed
to secure the permanent settlement of the town and develop
the mines, ana 20,000 shares of the capital stock have been set
aside to be used as a working capital for the benefit of the
company. A large revenue is expected from the sale of towp
lots, which, it is believed, will insure a fair profit to the stockholders, independent of the returns from the mines. The com¬
pany has offices at the Merchants’ Exchange in San Francisco,
Cal., and also at Calabasas, Arizona. At Calabasas the com¬
pany are now constructing a large two-story and basement
hotel, of brick, to accommodate the growing demands of their
town.
At the mines the work of development is being vigor¬
ously pushed night and day. The directors are Senator John
P. Jones, ex-Judge John Currey, Mr. E. L. Sullivan, Mr. George
C. Perkins and Mr. C. P. Sykes. The officers are as follows :
President, Hon John Currey; Vice-President, Mr. E. L. Sullivan j
Manager, Mr. C. P. Sykes ; Secretary, Mr. Francis A. McGee ;
aud Treasurer, the Anglo-Califomian Bank of San Francisco.
The officers and directors are well-known representative men on
State of California, with a capital
shares of $100 each, for the purpose
although the increased consumption of pig iron in the last two
years was due partly to the activity in our steel works, it was also the Pacific coast.
partly due to an improvement in the business of the foundries
—Investors are invited to give attention to the notice of proand machine shops of the country, and but slightly due to the
iron-rail mills and other iron-rolling mills.
Prices have not,
per will be received till June 25 by Jas. A. Roose¬
ailroad, which
however, shown any improvement. On the contrary they de¬
clined steadily in 1878, as they had previously since 1872. The velt, Esqu, Vice-president of the Dubuque & Sioux City Rail¬
decline from 1872 to 1878 was 64 .per cent. The highest quoted road, 32 Pine street. These bonds are issued for the construc¬
tion of the above-named road at a rate not exceeding $10,000
ovember. Since then there has been a slight advance.
Of the total production in 1878 of 2,577,361 net tons of pig 6er
►ubuque & Sioux are
City Railroad. Further particulars will be
iron, 1,092,870 tons were made with anthracite coal, 1,191,092 found in the advertisement on another page.
Sosals for 6
Srice in 1872 was $53.87and the lowest in 1878 $16.50 in
tons
tons
were
were
made with bituminous coal and coke, and 293.399
made with charcoal. A table is published showing
that the production of anthracite pig iron steadily declined
from 1,369,812 net tons in 1872 to 794,578 tons in 1876, but in
each of the years 1877 and 1878 there was an increase upon the
production of 1876. The production of bituminous pig iron was
remarkably uniform from 1872 to 1876 at a fraction less than
1,000,000 tons annually, but in 1877 this tonnage was exceeded,
and in 1878 there was a still further increase. The production
of charcoal pig iron increased from about 500,000 tons in 1872
to about 575,000 tons in
each of the years 1873 and 1874, but
it has steadily declined until in 1878 only
293,399 tons were made. Less than fifty years ago all the pig
iron produced in this country was made with charcoal; in 1878
less than 12 per cent of the year’s product was made with it.
since the latter year
production of iron and
The
steel rails.
cent gold bonds of the Dubuque & Dakota
mile, and they
guaranteed, principal and interest, by the
—We notice with pleasure that the cotton firm of H. W. & J.
H. Farley, which suspended payment on their cotton balances
on the 16th inst., have this day notified the Cotton Exchange of
their readiness to pay all of their obligations in full. The
friends of the house in this city ana at the South will be
glad to observe that their suspension arose from circumstances,
quite exceptional, and was of temporary duration.
many
—Messrs. E. L. Harper & Co., dealers in iron, 30 West Third
street, Cincinnati, send us a large card, bearing interesting
tables of statistics in regard to the iron trade ^of the country.
These are compiled in tne main part from the annual report
the American Iron and Steel Association, quoted at length
the previous column.
of
in
—Mr. John B. Manning, banker, 6 Wall street, gives notice
that he is prepared to make exchanges of the new North Caro¬
lina State Consolidated bonds, for the old, new and funding act
production of rails of all kinds in the United States in
This product has been but twice issues, in accordance with the terms of the recent funding act,
the country, in 1872 and 1873. The
—Attention of investors is called to the announcement of Mr.
increased production in 1878 over 1877 was 117,976 tons. The
Charles
T. Wing, corner Wall street and Broadway, of a list of
product of 1878 was composed of 550,398 tons of Bessemer steel
rails, 322,890 tons of iron rails, and 9,397 tons of open-hearth railroad and other bonds and stocks that pay a large rate of
steel rails. The production of Bessemer steel rails was 118,229 interest.
1878 was 882,685 net tons.
exceeded in the history of
THE CHRONICLE
618
The range in prices since January 1,
of each class of bonds outstanding
follows:
%\it fp ankers' (gazette.
No National Banks
ffVOL. XXVIII.
1879, and the amount
June 1, 1879, were as
organized during tlie past week.
Amount Juue
Range since Jan. 1,1879.
DIVIDENDS.
Tlie following dividends have
Name of
Lowest.
Highest.
recently been announced:
Per
Cent.
Company.
When
Books Closed.
Payable.
(Days inclusive.)
Railroads.
Ashuelot (quar.)
Boston & Lowell
Boston Revere Beach & Lynn
Concord <fc Portsmouth
3.
1% July
1.
July
1.
$3 July
$3 50 June 28.
$3 July
1.
Fitchburg
Lake Shore & Michigan Southern.
2% Aug.
1. June 30 to Aug. 5.
1
% Aug.
Michigan Central
1. June 30 to Aug. 5.
2^0 July 10. July 1 to July 10.
New York Elevated (quar.)
2% July 10. June 21 to June 30
Philadelphia & Trenton (quar.)...
United New Jersey (quar.)
2% July 10. June 21 to June 30
Union Pacific (quar.)
1% July
1. June 21 to July 1.
Ranks.
Bank of America
Bank of N. Y., N. B. A
1.
4
5
1. June 21 to
July
July
3% July
7
July
4
July
3
July
3
July
3
July
4
July
3% July
Bowery National
Hanover National
Importers’ & Traders’ National...
National Bank of Commerce
National Butchers’ & Drovers’
National Citizens’
National Park
Oriental
Tradesmen’s National
National Shoe & Leather
miscellaneous.
American District Tel. (quar.)
Atlautic & Pacific Tel. (quar.)
June 21
3% July
4
July
1.
1.
1.
7.
1.
1.
1.
1.
1.
1.
to
4
July
Coupon.
Registered.
105% Mch. 22 107% May 21 $202,440,900 $80,295,450
6,790.800
81,211,300
14,127,100
19,100,200
48,263,150
135,702,050
x03 % May
1 107% Jan. 15 263,365,600 245,074,750
Mch. 21 108
104
84,229,350
May 21 165,770,650
x99
Apr. • 1 103% May 21 398,714,050 *228,620,750
119% Jau. 4 128
May 31
64,623,512
-
*
This amount does not include the
icates outstanding 011 Juue 1.
$28,723,660 of Refunding Certif¬
Closing prices of securities iu London for three weeks past and
since Jan. 1, 1879, were as follows:
the range
July 6.
June June
13.
20.
June
6.
July 4.
-
Range since Jan. 1, 1879.
Lowest.
Highest.
June 22 to June 30.
to Juue 30.
Juue 19
June 19 to June 30.
Juno
*20
to
Juue 26 to June 30.
15. July 6 to July
15.
105% 105% 10512 x05% Apr. 25 109% Jan. 4
108% 108% 108
106% Mch. 24 110
May 2
Mch. 26 105% May 22
105
x0378 103 7s 101
U. S. 5s of 1881
U. S. 4%s of 1891
U. 8. 4s of 1907
July 1
1% July 15. July 2 to July 15.
% June 30. Juue 18 to June 30.
Wells, Fargo & Co’s Express
6s, 1880-1.. cp
6s, 5-20s,’67.cp.
6s, 5-208,’68.cp.
5s, 10-408. ..cp.
5s,fund.,’81.cp.
413s, 1891 ..cp.
4a, 1907
cp.
6s, cur’ncy.reg.
1,1879.
State and Railroad
Ronds.—T1
have been considerable
transactions in Louisiana consols, which closed to day at 43.
It
is believed by some of the best informed parties that the debt
will he settled on the basis of a 4 per cent bond with the prin¬
cipal left untouched as it now stands. The new Virginia fund¬
ing bonds are quoted at 51@51L and the new North Carolina 4
per cents, with first coupon payable in 1881, at 62@35.
large transactions have been made in the
speculative bonds—Erie second consols, Rome W. & O. consols,
and Missouri Kansas & Texas firsts and seconds—and prices of
financial situation remains much the same as lately reported. The
these, as well as of the bonds less heavily dealt in, are very
money market is working easily, and a large accumulation of strong.
Messrs. A. H. Muller & Son sold the following at auction :
money is anticipated after the July exchanges of Government
FRIDAY, JUNE 20, 1879-5 P. W.
The
l>onds
money
have
Market
been
and
Financial
Situation.—The
The transactions in governments
have been on a moderate scale for much of the past week, and
we hardly look for a strong and active market until the 4 per
cents arising from exchange of $10 funding certificates are well
completed.
absorbed.
The market for railroad and miscellaneous securities continues
quite strong, taken as
a
was 56| per cent, against 54£ per cent
the previous
the discount rate remains at 2 per cent, while money
open market was If.
The Bank of France gained
17,775,000 francs in specie.
The last statement of the New York City Clearing-House banks,
issued June 14, showed an increase of $1,724,950 in the excess
above their 25 per cent legal reserve, the whole of such excess
being $6,803,625, against $5,078,675 tlie previous week
The following table shows the changes from the previous week
and a comparison with the two preceding years.
reserves
week ;
in the
Loans and dis.
Specie
Differ’nces fr’m
Circulation
Net deposits
..
.
Legal tenders.
previous week.
$256,291,000
Dec. $2,041,700
215.800
79,000
18.780.900 Dec.
20.056.800 Inc.
227,316,700 luc.
44.851.900
Inc.
353,400
2,029.100
1878.
June 15.
1877.
Juno 16.
$234,639,100 $250,687,500
17.105,200
19.984.900
205,785,200
49.502.900
18.352,100
15,971,000
222.665,800
56 363,600
Bonds.—Tlie bond market is quiet, and prices
The principal transactions are in the 4 per cent
bonds, of which a considerable amount change hands, but with¬
out special anima’ion.
It is apparently a necessity of the case
that after the final settlements for called bonds in July are all
made, the market for governments will adjust itself to the situa¬
tion, and prices will become relatively steady. The Secretary of
the Treasury gave notice, June 19, that he would redeem at once,
without rebate of interest, all of the outstanding five-twentv
bonds, consols of 1867 and consols of 1838, which were called to
mature July 3 and 4 next.
Closing prices at the N. Y. Board have been as follows:
United States
liave been easy.
Interest
Period
G«, 1880
Gs, 1880
68,1881
6a, 1881
5s, 1881
5s, 1881
4%s, 1891
4^8.1891
4s, 1907
4a, 1907
0a, cur’cy,
68, cur’cy,
Gs, cur’cy,
Ca, cur’cy,
6a, cur’cy,
reg. J.
coup. J.
reg. J.
coup. J.
.reg.
coup.
reg. Q.
coup.
reg.
coup.
|
1895..reg.
1896..reg.
1897..reg.
1898..reg.
1899..reg.
June
June
June
14.
16.
17.
June
18.
June
19.
June
20.
Bonds.
Shares.
Clinton Hall Asso
$13,000 Roch. & State Line
41
RR. 1st m. 7s, due 1902.. 93%
13.000 United N. J. RR. &
ManbattanpGaslight Co.. 172
Howard Fir© Ins
100
Canal 6s, due 1901
113
3,000 Chic. & East. III. RR.
60
income bonds
56%
Hope Fire Ins...
North River Fire Ins
Relief Fire Ins
St. Nicholas Fire Ius
Tradesmen’s lus
Ill
86
83
105%
Closing prices of leading State bonds for two weeks past, and
since Jan. 1, 1879, have been as follows:
the range
June
13.
States.
Louisiana consols
Missouri 6s, ’89 or ’90
North Carolina 6s, old
Tennessee
*25
*34
*78
*39
6s, old
Virginia 6s, consol
do
do
2d series..
Dlst. of Columbia, 3-65s
•
*
Range since Jan. 1, 1879.
June
20.
Lowest.
Highest.
43
38% June
42%
*10734 ’108% 10350 Mch.
*25
*33 7s
73%
*39
87%
*36%
2
69
Jan.
6
5 107% June 10
18
Feb. 8 257e June 14
34
Apr. 26 42 Feb. 13
73% June 20 73% Juno 20
Mch. 28
41% Apr. 29 44
79% Jan.
3 8850 May 23
This is the price bid: no sale was made at the Board.
Railroad and
miscellaneous Stocks*—The stock market
fairly active, and prices at the close are generally well
supported. The reports of very good prospects for a large grain
crop are made use of to give strength to the stocks of grain-car¬
rying roads, and the report of a very strong agreement among
the officers of the trunk lines against any cutting in freight rates,
is similarly used in giving support to the stocks of the latter.
has been
Semi-annual dividends have been declared of 2^ per cent on
Lake Shore stock and 1£ per cent on Michigan Central.
The
latter is a disappointment on account of the very favorable
of earnings given oat early in the year ; but still more
remarkable is the statement of $124,000 net earnings in 1878,
which furnishes opportunity for sharp comments on the manage¬
rumors
ment, which then declared a 2 per cent dividend.
At the meetings of the directors of the two
companies, the
following statements were submitted for the first half of 1379
(June partly estimated), as compared with the same time in
1878
:
Michigan Central.
Gross
earnings
Operating expenses and taxes
Net earnings
Interest and rentals
Balance
1
Dividend of 1 % p. c.,
'
$3,210,071
$1,106,000
$934,319
2,275,752
811,200
809,985
$294,800
$124,334
281,073
-
$13,727
Surplus
1878.
1879.
$3,341,000
2,235,000
payable Aug. 1, 1879...
& J. 1037g, Y0378 *10378 1037a 103 7s 104
Lake Shore & Michigan Southern.
& J. 10678 10678 *1067s *10678 !*1O670!*1O670
Gross earniugs
& J. 10438 10412;* 10413' 10413 104i3;*10438
& J. 10738 1073s‘*10738 *10730 *10730.*] 0738
Operating expenses and taxes
-Feb. i •1035a 103-V♦1O3501 *10350 ! 1.03501*10312
Net earnings
-Feb. 1035a 10350 ‘1035ft 10350 ;*103%j*103% 4
-Mar.j 106
1057e *10578- 106
*1057s *10550 Interest, rentals, and div. on guar,
1878.
1879.
$6,938,482
4,217,921
$6,596,092
4,169,574
$2,720,561
1,350,000
$2,426,518
$1,370,561
$1,067,518
’
-Mar.! •106
T0578|*10578 *1057s
-Jan.; ♦101-^ 10150 *10150. 10150
-Jan.
10250 102%l 10250' 10213
&
&
&
&
&
J.
J.
J.
J.
J.
10534 *10550
101%! IOII3
!02i2i 10250
1‘>1 lo *121io *12113 *122 |*121i3
*121% ’12134. ’121% *121% *12213 *121%
‘122
*122
*123
*122
*12112 ’122
*121% ’12213 *12213 *12213 12313*123
*122
’123
*123
*123
125 % *12313
*121
Tliis is the price bid; no sale was made at the Board.
2
100
50
15
75
5
20
40
whole, and the large advance estab¬
lished since the first of January has so far been well maintained.
Our money market works quite easily now, and on govern¬
ment collaterals the rate for call loans is about 2@3 per cent,
and on stock collaterals 2|@4 per cent.
Prime commercial paper
is in good demand at 4@5 per cent.
The Bank of England on Thursday showed a gain in specie of
the large sum of £728 000 for the week, and the percentage of
1879.
June 14.
In railroad bonds
stock.....
Balance
Appropriated
as
follows for 1879
Sinking fund, half-year
Dividend, 2% per oent, payable Aug. 1
Surplus
Total
1,359,000
:
$1^5,000
:
$1,370,561
North¬ Central Del. L.
of N. J. & West.
west.
St.
Paul.
West’n
Un. Tel.
7,500
10
17
3,290
5,160
16.750
15.570
“
18
22,950
18,900
“.
19
20
5,570
1,760
8,070
19.750
21,225
13,100
8,200
10,100
“
“
“
6,000
24,587
15,650
12,970
12,076
7,400
19,920
2.100
June 14
-—Latest earnings reported.—. /—Jan. 1 to
1879.
1879.
1878.
Week or Mo.
leading stocks were as follows.
Total sales of the week in
16,500
Lake
Shore.
Erie.
5,440
7,300
22,650
2,840
3,210
8,900
6,500
14,920
21,147
15.100
13,300
13.140
19,960
26.610
18.100
10,255
17,180
6,130
Total.
25,950 86,525 103,940 78,683 81,890 44,475 106,317
Whole stock. 350,849 154,042 149.888 175,400 524,000 771,077 494,665
..
Tlie total number of shares of stock outstanding is given in
last line for the purpose of comparison.
The daily highest and lowest Drices have been as follows:
Monday,
June 14.
June LG.
June 17.
57
57%
52% 54&
82% 82%
57
Canada South. 56%
Cent, of N. J.. 52 %
Chic. & Alton. *81 VS
Chic. Bur. & O. 115%
Chic. &N. VV..
53%
92^
66%
pref.
97J4
Ohic.M.&St.P.
pref.
do
do
Chic. R. I. & P. 139%
Clev. C. C.&I. 50
Clev.& P.,guar 96%
Col. Chic.&I.C. *6%
Del.& H. Canal 48%
Del.Lack.& W. 59%
Erie
27%
do pref
51%
Han. & St. Jo. 21%
pref.
do
♦
Tuesday,
Saturday.
56%
53
82 VS
115%
54
92%
67‘4
97%
139%
50
96%
7
48%
59%
27%
51%
21%
42% 43
87% S7%
52%
823
*15V| 115%
115
54% 53
54
91%
92%
66% 67% 66%
98
97%
1
96%
~~
139% 139% *139
50
50 I 49%
'
90%
96%!
96%
6%
6)^1 6%
48% 49341 46%
pref.
38
3934
....
Sutro Tunnel.
Union Pacific.
Wabash
West. Un. Tel.
55 '
74
*15% 115%
53
53%
92
92%
xG5% 66
x95% 96
*138
50
97
118
14%
15%
139
50
97
*6%
6%
45% 46%
56% 57%
Exchange.
*....
110%
23
13%
39
7%
8%
9%
8
9
i9%
4%
4%
4%
4%
4%
4%
78% 78% 73% 77% 78% 76%
36%i 36% 36% 35% 36% 35%
114% 114%; 114% 114% 112% 114% 112
4%
78
36
56
74% 75%
75%
12% 13%
87% 88
117
14
15
146
149
110% 110
24%! 24
14%
15%
118%!
14%! 14%
....
15%! 1534
146
110
730
45 4 Jan.
78,683
33% Jan.
Chicago & Alton
Chic. Burl.& Quincy.
643
623
Chic. Mil. &St.P..
do
do pref.
..
Chicago & Northw...
do
do pref.
Chic. RockTsl. & Pac.
Clev. Col. Cin.
Ind.
Clev. & Pittsb., guar.
Col. Ohic.& Ind. Cent
Del. & Hudson Canal
Del. Lack. & Western
Erie
75
111%
3438
86,525
743*
19,961
49%
103,940
119
768
Jan.
344 Jan.
668
905
84% Jan.
6,420
81.890
44,475
21% Jan.
2,610
37% Jan.
9,775
4,918
3,005
34
Jan.
Jan.
Jan.
134 Jan.
Jan.
794 Mch.
9% Jan.
123
101
13
7
10
210
8,385
4,875
20,030
1,634
Jan.
Jan.
Jan.
Jan.
Mch.
Jan.
Jail.
Jan.
Jan.
Jan.
Jan.
25% Jan.
3% Jan.
4% Jan.
800
112
pref.
1st pref.
Sutro Tunnel
Union Pacific
Wabash
Western Union Tel...
Jan.
Jan.
1,030
1,800
67
106,317
734
41,000
Michigan Central....
538
Missouri Kan. & Tex
10,950
Moms & Essex
75*8
8,210
N. Y. Cent. & Hud. R.
1,140 112
7%
14,415
Ohio & Mississippi...
103s
Pacific Mail...
11,365
do
do
Jan.
5
38
43
..
St. L.& S. Francisco.
Jan.
767b Jan.
10,850
do pref
Hannibal & St. Jo.
do
do pref.
Illinois Central
Kansas Pacific
Lake Shore
Panama
Pitts. Ft. W. & Chic..
St. L. I. Mt. & South.
St. L. K. C. & North.
do
pref.
Mch.
94
2%
57%
1734
9438
12,590
13,813
16,445
25,950
1878.
Low.
High.
3 63% Mch. 15 38
45%
2 54% June 16
13% 454
3
88
Jan. 28 664 85
7 122% Feb. 19 994 1144
4 544 June
27% 54%
4 93% June 16 04
844
3 6778 June 16 32% 554
3 98% June 12 594 79%
8 141
May 23 9838 122
2 55
384
May 21 23
2 98% May
6 63% 85
4
9
2%
63a
Apr. 29
2 513s June 2 343g 59%
2 60% June 2 41
61%
4 294 May
7% 22%
5
54
2
May 5 21% 38
4
234 May 23 10
16%
10 45% May 23 21% 41%
Jan. 30 7236 87
26 89
4
60
21
12%
Apr. 30
6 704 June 13 55% 71%
2 904 Jan. 27
58% 75
2
4
7%
184 May 15
June 10 67% 89
3 93
24 1214 June 14 1034 115
4
64 114
165s May 10
13
184 June 6 12% 23%
2 150
131
May 20 112
4 112% May 21
102
85
2 30% May 23
5
15%
2
17% May 2
3%
7%
O
454 May 1 19
26%
8 113b Apr. 21
1%
4%
21
13% Apr. 21
1%
54
23
28% Apr. 19
5% 114
16
5
3%
4% Mcli. 17
31
81
Feb. 19
614 73
12% 23%
754 102
The latest railroad earnings and the totals from Jan. 1 to latest
dates are given below
The statement includes the gross earn¬
ings of all railroads from which returns can be obtained. The
columns under the heading “ Jan. 1 to latest date” furnish the
gross earnings from Jan. 1 to, and including, the period men¬
tioned in the second column.
reported.—»<- Jan. 1 to latestdate.-v
.1879.
1878.
1879
1878.
$100,187
$98,633
$33,152 $28,748
107,000
60,362 2,479,974 1.319,458
327,790 281,654
482,260
516,508
118,1 J 3 126,931
,—Latest, earnings
Week or Mo.
Ala. Gt. Southern.March
Atch. Top. & 8. F.lstwk
J’ne
Atl.&Gt. West...April
Atlantic Miss.& O.April
Bur. C. Rap. & N.2d wk J’ne
25,454
Burl. & Mo.'R.in N April
154.154
4,076
Cairo & St. Louis. 1st wk J’ne
Central Pacific...May
1,541,000
Chicago
Alton.. 1st wk J’ne
100,132
Chic. Burl. & Q...April
1,018,755
Chic. & East. Ill..2d wk J'ne
15,747
Chic. Mil. & St. P.2d wk J'ne 183,000
Chic.&North west. May
1,434*960
Chic. St. P. &M..lstwkJ’uo
21,417
Clev.Mt. V. &D..1st wkJ'no
7,671
■
25.048
596,300
5.659
94,024
1,590,889
84,373
6.404.129
1,833,104
146,362
562,289
739,290
498,737
94,333
6.440.253
1,728,812
1.118,736 4,177,968 4,245,185
13,705
141,495
1,471,545
.
14,385
6,723
3,61 LOCK)
5,568,840
440,179
156,228
192.167
180.248
116,777
100,979
89,981
116,544
162,397
238,590
530,336
1.803,559
574,427
2.040,860
75.309
73,925
—Sterling bills are quiet and business is
dull. The
Charleston—nothing doing, 3-lG@£. St. Louis, 50 discount.
Orleans—commercial, ^premium, bank £ premium. Chicago
—steady, buying 1-10 discount, selling 1-10 premium; and Bos¬
ton, 9d. discount to par.
Quotations for foreign exchange are as follows :
60
3,908,315
5.986,064
376,472
156,563
4.87
4.86
4.86
(reiehmarks)
(reiehmarks)
(reichmarekB)
Frankfort
®4.894
® 4.87i2
4.89
*2-4.87
®4.86%
4.88%®4.89
4038®
9538®
9538®
9538®
Bremen
4.88
5.15
5.15
5.15
95%®
®4.88%
5.11%
®5.11%
®5.117a
40%® 403i
95%® 96
957a® 96
95%® 96
95% ® 96
40 %
95%
95%
95%
95%
®
following are quotations in gold for various coins:
Dimes & % dimes
98*8®
86 ®$4 89
Silver 14s and %s
99%®
84 ® 3 88
93
®
Five francs
vereigns
$4
Napoleons
3
X X Reiehmarks. 4
X Guilders :
3
o
4.89*4®4.90
4.874®4.88
Hamburg (reiohmarks)
Berlin
Demand.
days.
5.17%®5.1438
5.17%®5.14%
5.17%®5.14%
Swiss (francs)
Amsterdam (guilders)
The
Range for
Jan.
Jan.
Jan.
Mch 13 39% May 21
June 11
7 116
Jan.
49,579
21.171
Documentary commercial
Paris (francs;
Antwerp (francs)
prices for 1378 and
Highest.
147,914
3,889,070
2,025,722
727,825
762,690
2,142,717
189,235
3,709,657
24,289
28,974
59,823
16.337
Prime bankers’ sterling bills on London.
Good bankers’ and prime commercial...
Good commercial
203|
Prices since Jan. 1,1879.
63,632
432,140
311,115
79,641 1,817,662
33,201
776,434
873,325
143,077
465,272 2,070,226
559.940
672,103
143,255
286,932
348,883
28,903
616.294
15,188
524,125
51,528 1.729,997 1,310,560
49,217 1,122,045 1,144.651
754,991
845,593
103,731
593,315
605,303
128,469
,147,208 3,711,344 3,572,638
113,509
135,518
5,498
79.958
4,812
57,775
804,604
878,131
215,090
991,028 4.019,106 2,885.752
9.135
221,569
195,945
72,900 1,713,505 1,687,368
55,260 1,424,531 1,409,887
440,848
442,341
92,706
June 20.
24%
14% 14%
40% i 39% 40%
8%
9%
9%
19% 20%
4%
77% 77% 77%
3634 35% 36%, 35
112% 112% 113 i§ll
Total sales this week, and the range in
since Jan. 1, 1879. were as follows:
Canada Southern....
Central of N. J
25,578
28.146
42.982
14%i
These are the prices bid and asked: no sale was made at the Board,
t Sales were also made ex div. at 654®65%. X Sales were also made ex
div. at 954®96. § Sales were also made ox div. at 954®96%.
Lowest.
65.744
46,816
91,944
53.383
1878.
New
*
Sales of
Week.
Shares.
116,971
Mobile & Ohio ...May
128,506
Nasliv. Ch.& 8t.Ii. April
1,356,780
N. Y. L. Erie & W. March.
5,197
?ad.& Elizabetht.lst wk J’ne
2,424
Pad. & Memphis..3d wk May
215,607
Pliila. & Erie
April
1,142,884
pliila. & Reading. April
8,200
8t.L.A.&T.H. (brs)lstwk J'ne
19,777
17,375
88,801
22,697
153.579
latest date.-^
71,742
actual rates for prime bankers’ 60-days bills on London are
about 4 87@4.87£, and demand bills about 4.89£.
For domestic bills the following were the rates on New York at
the undermentioned cities to-day : Savannah—selling i, buying
75
118
17,164
Southern.April
16,021
Dubuque* S.City.lst wk J’ne
106,619
Gal. Har. & S. An.Marcli
30,459
Gal. Houst. & H..May
Grand Trunk. Wk.eud.June 7 135,574
71,222
Gr't Western. Wk.end. June 6
25.854
Hannibal & St. Jo. 1st wk J’ne
158,318
Houst. & Tex. C. .April
433,190
Illinois Cen. (Ill.)..May
127,569
do
(Iowa).May
22,837
Indianap. Bl. &W.lst wk Apr
19,699
lut. & Gt. North.. 1st wk J’ne
78.655
Kansas Pacific.. .2d wk J’ne
51,564
Mo. Kans. & Tex .2d wk J’ne
Dakota
St. L. Iron Mt, & S.lst wk J’ne
*St. L. K. O. & No..2d wk J’ne
53%
St. L.&Southeast.May
92%
St. Paul * S. City.April
Scioto Valley
May
Sioux City * St. P. April
Southern Minn...April
Tol. Peorie & War. 2d wk J’ne
Wabash
2d wk J’ne
83
83
56
55
74%
7534 76%
12% 12%
86% as
38% 39%
pref.
1st prf.
52%
83%
115%
5134 52%
59% 59%! 57%
27% 27%
27% 27%| 27
51
51%
51% 51%: 51
20% 21
21
21% 19%
42%
42%
42%
'42%
42% 42% " |
41%
87
8734 8734
*8634 87
87% 87%
St.L.& S.Fran.
do
do
57
54% 51% 53%
82% *81% ....
115% -115%
54% 52% 53%
93% 91% 92%
67% +66% 67'
97%: *97
97)
139% 138% 139%
49% 49% 50
96% *96% 97
6%
6%
6%
48
46% 4734
59% 5734 58
27% 27% 27%
5134 50% 51
20%
2134 20
Illinois Cent..
57
Kansas Pacific 58
5834 57
Lake Shore.... 75% 76% 75% 76%
Mich. Central. 76% 77% 7734 78%
Mo. Kans. & T. 12% 12% 11% 12
Mor. & Essex.. 88% 88% 88% 89
N. Y. C.& H. It. 120% 12134 xl19 119
15
Ohio & Miss...
15% 1534 15%
Pacific Mail... 15% 16
15% 15%
*....149
*.... 150
Panama
Pitts.F.W.& 0. *109% 111 *109% 111
26
St.L&I.M.assn 26
25% 26
St. L. K.C.&N. 13% 13% 1334 13%
do
June 20.
57
57
57
the
Friday,
Wednes., Thursd’y,
June 18.
June 19.
619
CHRONICLE.
THE
1879.]
June 21,
73
93
® 4 78
® 4 00
Span’k Doubloons. 15 55
®15 80
Mex. Doubloons.. 15
Fine silver bars
1
Fine gold bars....
..
Boston Banks.—The
banks for
Trade dollars....
New silver dollars
following
are
—
—
98!%®
9934®
—
99*4
—
par.
the totals of the Boston
series of weeks past:
Loans.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear,
$
$
3,851,900
6,126,800
5,93 i,800
5,119,700
5,230,200
59,525,100
61,120.400
60,968,600
63,747,200
3.816,200
4,720,20»
3,708,300
3,M5,700
3,625,700
3,664,500
4,4 6,500
4,273,300
4,324,300
4,659,500
4.750,300
1
137,220,000
Jan.
Jan.
Jan.
Feb.
Feb.
Keb.
Feo.
13.
20.
27.
3.
134.650.600
135,".45,1100
136.790.600
139.979,500
10.
17.
139/91,100
Mar.
3.
10.
144,980,0(0
143.799.200
141.969.200
141,623,700
141,308,300
140.44*,800
140,033,100
Mar
Mar. 17
Mar. 24.
Mar. 31.
Apr. 7.
...
Prus. silv. thalers
95
92
80
70
®
®
®
a
1879.
Jan. 6.
24.
English silver
®15 65
1314®) 1 1334
par.® 4prem.
50
91
75
68
Mexican dollars.
99%
9934
3,898,6(0
3,s35,9u0
3,822,500
3,927.500
3,649,900
3,620,800
3,644,000
3/ 46,200
3,684,-,00
5,127 900
4,713,6)0
G4,79H,:300
61,190,100
( 9,770,300
63,215,9.0
70,326,700
67,028.300
65,677,100
64,050,100
63,435,100
25.616,400
25,634,300
25,61’,600
25,500,100
25,486,600
25,568,800
25,545,800
25,481,100
25,399,"00
25,613,100
25.562,00)
25,445.500
25,438,200
25,827,800
26.014,200
26,215,000
26,230,200
26,299,600
26,228.800
26,218,400
2,369,200
52,163,732
49.172.697
46,764,891
43,763.114
41,630,628
47,534.405
47,(30,3St
45,334,530
46,349,291
48,733,821
45,739,465
48,907’,569
39,857,020
44.676,942
47.207/192
51,936,677
47.978,840
50.505.511
50,552/’ 17
4,591,000
4,294,700 64,221,500
3,8i)5,S00 63,871,000
Apr. 14. 138.300.400
3,655.800 3.483,700
62,99-,0)0
Apr. 21. 137.169.400
3,627,700 3,827,800 60,252,400
Apr. 28. 134,192/ 0)
3,600,100
3,863,000 60,023,900
May 5. 133,22 ,500
3.583,-.00 4.194,300 *42,8<>5,800
May 12. 132.953.200
3,556,100
3,589,200 *44,103,900
48,456,247
May 19. 130/296,000
3,577,700
3,165,800 *44,101,2 0
46,516,810
May z6. 130.331,800
129.489,000
3,563,400
3,886,700 * 43,895,000 26,437,800 44,033,227
June 2.
129,973,50 )
3,948,500 4,16*»,200 ‘'44,391,200 26,569,000
51/329,031
June 9.
130 510,803
3,559,400
4,165.50) *43.997,000 26,701,100 49,413,510
June 16.
other than Government and hanks, less Clearing-House checks.
Philadelphia Banks.—The totals of the Philadelphia banks
139,001.100
«■
are as
follows:
Loans.
1879.
Jan. 6.
13.
20.
27.
3.
10.
17.
24.
3.
10.
17.
24.
31.
Apr. 7.
Apr. 11.
Apr. 21.
Apr. 2L
J»d.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
Mar.
Mar.
Mar.
Mar.
Mar.
May 5.
May 12.
May 19.
May 26.
June 2.
June 9.
Junj 16.
Lawful Money.
5
$
57,272,231
57,777,3)7
57,673,6+9
57,614.47«
57,138,02)
56,743,634
56,9)2,785
57,012,193
15,873.233
15,536,56?
15,401,731
15,688,058
15,950,850
57,600,833
16,519,118
15,914,566
15,754.299
15,947.786
53,268.231
15,9*9,655
58,486,555
15,859,150
58,506,715
59,006.342
50,994,029
15,360/ 66
60,554,971
60,518.117
60,122,582
60,174,972
59,914,320
60,160,886
60,915,891
61 429,856
61.917.078
62/36,362
14,890,991
13,701,132
14,022.748
14,516,835
14.369,637
14,9i8,9:9
15,353,553
1€,1'8,678.
15,919,569
15.93 *,439
15,'9\W
15,883,014
Deposits. Circulation. Agg. Clear.
$
$
$
11.364.651
32.976.823
11/343,315
11,340,673
31326.979
11,325.5’2
29,942.358
11,310,79)
11,309/56
11,306,127
11,338,434
11,321,223
46,028,633 11,347,059
46,-336,572 11/355,472
45,763,458 11,361,550
45,256.362 11,422,038
45,111,747 11,5:0,122
46.552 £35 11,509,940
47,2:38,852 11,516,236
30,748/62
33,163,572
45.693.721
45,030,239
45,520,021
45,263,816
45,686,151
45,273,026
44,946,027
44,576,403
45,378.745
47.044.599
11,508,643
47,626,368
47,7^6,056
49,143,4 ‘0
49.633,284
49,941,603
50 3V,0'2
ll,4l8,821
11,492,197
50.721,259
11,476.011
11.465,857
11,449,130
11,411,493
11,424 901
33,644,739
30,293,686
27.312,892
31,157,942
36,371,591
29/56,598
31,233,063
29.945.441
38,653,745
30.561.240
38.407.056
34.295.148
37,642,885
40.016,133
38.955,672
39.358,762
31.806,486
46,787.376
38,801,535
THE CHRONICLE
620
New York
BOSTON*
following statement shows the
condition of the Associated Banks of New York City for the week
ending: at the commencement of business on June 14, 1879 :
City Banks.—The
Average amount of
Capital.
Banks.
New York
Manhattan Co...
Mechanics’.
Merchants
Union
America
Phoenix
City
Tradesmen’s
Fulton
Chemical
Merchants’ Exch.
Gallatin Nation’l
Butchers’&Drov.
Mechanics’ & Tr
Greenwich
Leather Man’f’rs
Seventh Ward...
State of N. York.
American Exch..
Commerce
Broadway
Mercantile
Loans and
discounts.
8,490,000
6,053,800
6.588.800
7.170.600
4,264,000
8.466.800
2,302,000
7.167.500
2.956.200
1.588.300
11,775,200
3.444.300
3.440.700
1.262.800
1,140.000
600.000
300,000
1,000,000
1,000,000
5oo,ooo
300.000
200,000
600,000
300,000
800,000
1,000,000
People’s
412.500
North America..
Hanover
700,000
1,000,000
Metropolitan
....
Citizens’
Nassau
Market
St. Nicholas
Shoe & Leather..
Corn Exchange..
Continental
Oriental
Marine
Importers’ & Tr..
Park
Mech. Bkg. Ass’n
Grocers’
North River
East River
Manurrs & Mer..
Fourth National.
Central Nat
Second Nation’l.
Ninth National..
First National..
Third National..
N. Y. Nat. Exch..
7,000
1,135,000
1,540,300
357.200
369.900
67.400
114,000
105,500
1.272.100
1.818.200
52.300
82,000
5.893.500
2.238.300
12,493,000
1.461.700
2,025,200
533,000
5,893,000
3.239.300
1,120,800
6,075,700
2,000,000
6.908.200
1,878,000
1.155.200
11,288,800
481.200
337.900
117.300
195,000
2.731.800
175.200
368.200
155.900
414.900
774.800
2,041,400
1,720,900
8,473,000
9.251.200
1,598,900
3.898.200
2,761,000
2.251.200
2.137.800
891,400
27,700
182.900
407.900
500,000
1.840.100
24.400
329,000
82.200
309.500
474,000
238,000
25.400
47.400
35,800
1,004,200
1,057,900
175,000
3.884.800
1.240.400
3,493.000
3.657.700
4,003,800
1.363.100
2.450,000
16,404,000
500,000
1,000,0 0
1,000,000
300,000
400,000
1,500,000
2,000,000
500,000
891,000
48.300
8,300
44,100
11,690,700
608.100
534.700
727,300
778,900
358,000
300.000
240,000
250,000
100,000
t5,159,S00
3,200,000
2,000,000
7.715,000
2,366,000
3.706.900
300,000
750,000
500,000
86.300
1,000
1,119,600
448,000
170,000
309.700
7,436,400
948,000
885,000
02,300
36,000
6.192.900
1,000,000
300,000
Bowery National
N. York County..
250,000
Germ’n Americ’n
750,000
1.293.000
1.170.100
1.183.300
2.002,400
Chase National..
300,000
3.146.300
200,000
131,500
50,900
849.600
392,500
5,400
1,055,600
5,891.000
2.292.500
30.000
179.600
3.241.500
1.229.600
271,000
944.300
417,000
333.700
539.000
53 ’,800
809,900
193,800
2,041.000
773,800
970,000
1.945.200
645.200
330.300
565.200
506.300
764.600
104.300
1,100
619,000
3.827,400
3.435.800
2,233.000
246,200
3.900
339.900
450,000
445,000
4,700
358,000
1,086,500
523,300
.307,500
483,200
511.800
769.700
616,400
409.800
143,900
15,272,600
6,892,000
1.305,000
504,000
022,900
2.311.800
2,648.000
3.400.500
8.964.200
0,424,400
1.160.700
171.500
839.700
941,600
1.199.100
261,000
314.300
191.700
464.700
780,300
.
2,390,000
17,882,000
14,746,700
65,800
121.200
109.100
84,700
110,000
3.870.900
270,000
214.900
1,036,600
1,453,000
269,000
572,000
45,000
799,000
268,100
225,000
180,000
1.745.500
1,901,000
270,000
00,875,200 256,291,000 18,780,900 44,851,900.2*27,316,700 20,056,800
Total
The deviations from returns of previous week are as follows :
Loans and discounts
Dec. f2.04l.700
Specie
Legal tenders
Dec.
Inc..
Net deposits
Circulation
215,800
2,029,100
Inc.
$353,400
Inc.
79,000
The following are the totals for a series of weeks past:
1878.
Oct. 19...
Oct. 26...
Nov. 2...
Nov. 9...
Nov. 10...
Nov. 23...
Nov. 30...
Dec.
7...
Dec. 14...
Dec. 21...
Dec. 28...
1879.
Jan.
4...
Jan. 11...
Jan. 18...
Jan. 25...
Feb.
1...
Feb. 8...
Feb. 15...
Feb. 2L..
Mar. 1...
Mar. 8...
Mar. 15...
Mar. 22...
Mar. 29...
Loans.
$
Specie.
246.593.100
245.108.400
244.511.800
240.224.200
15.547.800
19.860.500
$
24.144.100
26.373.200
237.645.500
234.917.700
236.438.400
239.815.500
238,047,200
235.974.100
25.405.400
23.414.400
22.967.400
235.824.400
20.514.100
20.169.700
20.882.900
20.911.500
I
j.
Tenders.
«
40.729.100
39.902.500
40,219,000
39, f55,400
39.938.200
40.588.200
41.275.700
39,961,000
40.478.500
39,600,000
40,767,000
234,250,000
230,682,000
233.168.400
234.416.200
238.241.400
242.280.200
244.186.500
20.986.200
18.962.400
41.832.600
45,055,400
17.344.600
17.431.700
244,007,000
246.716.900
247,074,200
240.324.500
243.839.800
240.458.500
17.931.300
16.456.500
16.945.200
17.312.400
49.965.800
53,599,(M)0
54.048,800
51.135.400
48.334.800
45,377,000
42.651.800
40.593.800
39.173.400
36.972.600
34.268.900
31.815.800
36.145.400
40.672.100
45.224.500
49.440.500
53.576.700
49.150.900
43.284.900
41.791.400
42.822.800
44.851.900
Apr.
Apr.
Apr.
Apr.
May
May
May
May
May
5... 235.830.600
12... 230.442.900
19... 231,151,300
20... 231,096,900
3... 239.357.800
10... 242.941.600
17... 253.838.500
24... 257.636.500
31... 257.272.800
June 7... 258.332.700
June 14... 256,291,000
18.633.300
17.849.300
18,059,500
18.803.700
18.446.800
18,365,000
18.903.900
18.875.600
18.228.100
18.516.200
18.745.600
18.763.900
18.802.400
18.785.400
18.996.700
18.780.900
s
19.601.200
207,184,800
206.797.200
207,058,600
206.134.400
203.625.600
20.141.600
20,077,000
482,291,920
392,878,293
488,571,553
408,903,425
460.572.737
404,037,742
368,238,659
430,695,221
380,741,510
421,244,872
203.209.700
19.576.700
325,696,134
206,173,000
19.848.800
411,598,790
424,413,225
210.737.600
209.752.100
19.889.700
19,904,300
19.905.400
19.909.400
19.961.900
20,007,000
20,058,200
206.482.200 19,785,000
211.590.600 19.767.600
214.981.200 19,017,600
219.219.200 19.486.600
219.387.300 19.427.100
217.271.200 19.398.800
216.382.600 19.315.900
213.429.700 19.232.400
213.293.100 19,236,000
210.563.300 19.335.200
206.591.400 19.290.900
198.945.600 19.512.100
193.121.700 19,635,500
195.303.700 19,096,100
200,255,000 19.721.200
204.514.200 19.707.600
214.331.700 19.683.100
224.937.200 19,688,000
230.424.700 19.685.400
227.345.600 19.856.600
225,754,000 19.869.400
226.963.300 19.977.800
227.316.700
486,222.549
507,331,749
611,674,082
493,410,515
452,720,433
434,908,904
516,297,775
501,321,270
400,417,429
413.892.738
399.872.657
461.180.657
423,259,559
487,843,450
503,108,030
540,798,625
591,290,770
598,236,201
529,996,936
439,750,395
472,828,088
450,084,041
20,056,800
Bid.
Nashua * Lowell
New York & New England...
Northern of New Hampshire
Norwich & Worcester
Ogdensb. & L. Champlain
Ask.
36
85
124%
125
17%
...
do
pref..
Old Colony
Portland Saco & Portsmouth
Pulluia Palace Car
Pueolo & Ark nsas.....
60
101% 101%
101
82
81%
J)7
57%
15
Rutland, preferred
Vermont* Massachusetts..
Worcester* Nashua
'll*
33
PHILADELPHIA.
BONDS.
5s, g’d, lnt.,reg. or cp
58, cur., reg
- —
5s, new, reg., 1892-1902 113
6s, 10-15, reg., H77-’82. ‘102
~
6s, 15-25, reg., l882-’92. 110
6s, In. Plane, reg.,1379
Philadelphia, 58 reg
6s, old, reg......
do
do 6s,n., rg., prior to’95
do 6s, n.,rg.,1895* over L2Q
STATE AND CITY
Penna.
do
do
do
do
do
107
ios
•
•
• •
—
Allegheny County 5s, coup...
Allegheny City 7s, reg
Pittsburg 4s,coup., 1913.....
do
5s, reg. & cp., 1913.
6s, gold, reg
7s, w’t’r ln,rg.&c
do
do
7s, 3tr.imp..
ilo
N. Jersey 6s, reg.
121%
•
• •
70
91
reg.,’83-86. 100%
do
pref.....
do
new pref
Delaware & Bound Brook....
East Pennsylvania
Williamsport.......
do
do
pref..
Har. P. Mt. Joy & Lancaster.
Huntingdon* Broad Top...
Elmira &
pref.
do
Lehigh Valley. .
.
Mlnehlll
41%
3
8
5
40
40%
47
54
14%
44%
48
38%
9%
38%
10
Delaware
Lehigh
iS*
145
55
Division
25%
Navigation
do
pref...
Susquehanna
RAILROAD BONDS.
Allegheny
6
Vai.,7 3-10s, 1896...
^s, E. ext., 1910
do
do
lnc. 7s, end., ’9-4.
Belvldere Dela. let m.,6s,1992.
do
2dm. 6s.’83..
do
3dm. 68,’87..
Camden AAmhoy 6s,coup,’83
do
6s, coup., ’89
do
mort. 6s, ’89
Cam. & Atl. 1st m. 7s, g., 1903
do
2d m., 7s, cur., 1879
Cam. & Burlington Co. 6s,’97.
Catawissa 1st, Ts, cony., ’82...
tr
do
do
chat, m., 10s,’88
new
114% 115%
100
35
•
•
117
103
•
•
•
•
....
111%
109
Chartiers Val., 1st m. is.C.,190.
Delaware mort., 6s, various,.
Del. & Bound Br., 1st, 7s. 1905
East Penn. 1st mort. 7s, ’88 ..
E1.& W’msport, 1st m., 7s, ’80.
do
' 58,perp ... ....
•
•
112% 113
..
7s 1900
'35%
107% 108
103
105
104
ii4
114
....
■
•
'
•
....
.
Harrisburg 1 st mor*. 6s, ’83..
H. & B. T. 1st m. 7s, gold, ’90. 3l 10
do
2d m. 7s, gold, ’95. 104
■*
do
3dm. cons. 7s, ’95*. 48
Ithaca* Athens 1st g d, is.,’93
Junction 1st more. 6s, ’82
do
2d mort. 68, 1900 ...
L. Sup. & Miss., 1st m., 7s g.#
Lehigh Valley, lst,6s,cp.. 1898 ....
• ••
117
103
52
•
•
• •
...
QUOTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES.
Bid. Ask.
SXOURITIB8.
SECURITIES.
BOSTON.
Hartford A Erie 7s.
Kaa. City. St. Jo.& C. B. *s.
New York & New Eng. Ts
Maine 6s
New Hampshire 6s
Vermont os....
Massachusetts 5s, gold
Boston 6s, currency
do
5s, gold
Chicago
do
sewerage
.
..
Ogdensburg A Lake cn.ss...
Old Colony, 7b
68
do
Omaha A S. Western, 8s
'Pueblo A Ark. Valley, 7s
Rutland 8a, 1st mort
Vermont & Canada, new 8s..
7s
Atch. A Tcpcka 1st m.7s...
Vermont*Mass. RR.,6s
113% 114
land grant 7s 113% 113%
do
stocks.
do
2d 7s
Atchison & Topeka
113% 114
do
land Inc. 88.. 108 i 109
Bot-ton & Albany
Boston a Albany 7s
1*0% ....
jBoston & Lowel.1
do
6s.....
(Boston & Maine
111%....
Boston A Lowell 7s
jBoston* Providence
Boston & Lowell 6s
[Burlington & Mo. In Neb
Boston A Maine 7s
'Cheshire preferred
118^ 119
Boston A Providence 7s
Chic. Clinton Dub. & Min
Burl. A Mo., land grant 7s....
Cin. Sandusky & Clev....
do
Neb. 6s
Concord
105% 100
do
Neb.88,1883
(Connecticut River
Conn. A Passnmpsic, 7s, 1897.
I Conn. A Passumpslc
Eastern, Mass.,3*s, new.
74/4 74% Eastern (Mass.)
Fitchborg RE., 6s
Eastern (New Hampshire)...
do
7s
Fitchburg
Kan. City Top. A Wn 7s, 1st
Kan. City
do
do
7s, Inc..
Manchester & Lawrence...
...
110% 111
134% 135
67% 08
112% 112%
114
124%
40%
....
...
Tog. <fc Western...
scrip.?
lly
140
•
100%
95
• • ♦
75
101*
74*
74%
■75%
'*75%
*83%
do
6s, .886, J.& J
6s, 189J, quarterly... 115
6s, park, 1890, Q.—M.
6s, 1893, M.& S.....
68,exempt,’95,M.&S 118%
do
1900, J. & J
do
1902, J.&J....
Norfolk water, 8s.
t 110
116
116
120
117
110%
RAILROAD STOCKS.
Par.
Balt.* Ohio
100 107
108%
do
Wash. Branch.100
do
Parkersb’g $r..50
3
Northern Central
.’ ...50 16% 18
Western Maryland
50
Central Ohio
50 30
34
BONDS.
Balt. & Ohio 6s, 1880, J.&J....
do
6s, 1885, A.&O.
N. W. Va. 8d m.,guar.,’85,J*J
Plttsb.* Connellsv.78,’98,J kJ
Northern Central 6s, ’85, j&J
do
6s, 1900, A.*0.
do 6s, gld, 1900, J.&J.
Cen. Ohio 6s, 1st m.,’90,M.& S.
W. Md. 68,1st m., gr.,’90,J.*J.
109%
109% iii
108%
108
104% 105
107
do
1st m., i890, J. & J... 104
do
2d m.,guar., J.& J....do
2d m.,pref
ei
do 2d m.,gr. by W.Co.J&J 108
do 6s, 3d in., S'
guar., J.& J4
Mar. & Cin. Ts, ’92, F. & A
87
do
2d, M. &N
37
do
8s, 3d, J.&J
14%
Union RR. 1st, guar., J. & J..
do
Cancon endorsed. 110
108%
90
37%
15
MISCELLANEOUS.
Baltimore Gas certificates...
People’s Gas
CINCINNATI.
13%
Cincinnati 6s
t^100
7s
do
t| 108
do
7*30s
t 115
do
South. RR. 7*30s.+ 113%
do
do
6s, gold.t 103
Hamilton Co., O., 6s. long., .t 100
do
7s, 1 to 5 yrs..t 101
do
7 & 7*30s, loDg.t 108
C!n.& Cov. Bridge st’k, pref. 105
Cin.Ham. & D. 1st m. 7s, ’80 + 100%
do
2d m. 7s, ’85 + 100
Cin. Ham. & Ind.,Ts, guar.... 55
Cin. A Indiana 1 st m. 7s...— 102%
do
2d m. 7s,’17..t 85
Colum. & Xenia, 1st m. 7s. ’90 104
13%
109
U4
103%
102
110
101
105
100
Dayton & Mich. 1st m. 7s, '81+ 101% 102
do
2dm. 7s,’84.+ 100
do
3d m. 7s, ’88+ 95
Dayton & West, lstm., ’81...t 100
do
1st m., 1905.+ 90
do
1st m.6s, 190.* tfc5
90
Ind. Cin. & Laf. 1st m. 7s
do
(I.&C.) 1st m.7s,’88+ ib*2
Little Miami 6s, ’83
+ 100% 102
Oln. Ham. & Dayton stock...
32
35
Columbus & Xenia stock
110
25
Dayton & Michigan stock....
do
8. p.c. st’k,guar 100
Little Miami stock
105% 106
LOUISVILLE.
Louisville 7s
do
68,’82 to
84
30
103
109
+ 103
’87
+
6s,’97 to ’94...
+
water 6s,’87 to ’89 +
water stock 6s,’97.+
i01
101
101
101
..+ 101
’89.+ 101
108
102
102
102
102
108
102
do
do
do
wharf 6s
do
do
spec’l tax 6s of
LouLvllle Water 6s, Co. 1907 + 105% 105%
Jeff. M.&l.lst m. (i*M) 7b,’8l+
do
2d m., 7s..
105% i07
Pa.&N.Y.C.* RR.7s,i89d
118%
Pennsylv., 1st m., 6s, cp.,’80.. 105%
do
gen. m. 6s, cp.. 1910.
do
1st m.,7s, 1906
+112
112%
do
iiV
gen. m. 6s, i g.,1910. 115
Loulsv.C.&Lex. 1st m.7s,’97+ 110
110%
do
cons. m. 6-, rg., 1905. 107
101%
do
cons.m. 68. cp., 1905. 106% 107% Louis.* Fr’k.,Loulsv.ln,6s,’8: 101
Loulsv. & Nashville—
do
Navy Vard 6s, rg.’dl
Leb. Br. 6s. ’86
+ 102
102%
Pe n.« o ,6s. reg
1
102
lstm.Leb.Br.Ex.,7k,’80-S5.+ 101
Perklomen 1st m. 6s, coup.,’97
102
Lou.
In.
do
6s,
*93.
..+101
Phlla. & Erie 1st m.6s, cp.,’81. 105
106
Jefferson Mad. & Ind stock. 103% 104
2d m 7s,cp.,’88. 110
do
ST. LOUIS.
Phlla. & Read. 1st in.6s, ’43-’44
St. Louis 66, long
do
dj
’48-.49.
+1104%
do
water 6s, gold
do
2d in., 7s, * p.. tf 117% 120
+t 105%
do
do
do
do
new.+ 100
deben., cp.,’fS'
do
do
do
bridge appr., g.6s + 105%
cps. ot.
70
do
71
do
renewal, gold, 6s.+ iC5%j
scrip, 18s2.
ao
do
In. m. 7s, cp,1896
69
sewer, g. 6s, ’9:-2-3.+ 105*?
w park,g.6s.+ 107% 108%
do cons. m. 7s, cp.,191!..
111% St. Louis Co. new
r. 7e
100
do
7s
car.
do cons. m. 7s, rg.,1911.. 111
111%
...
'
Portland 6b
do
....
Municipal 7s
do
do reg., 1898... iib
no
i:7
do 2 i m. 7s, reg., 1910.. 122% 123
do
con. m., 6s,rg.,1923 100
*^a
107
do
do
6s,1 p.,19.3
Little Schuylkill, 1st m. 7s’82
North. Penn. 1st m. 6s, cp.,‘85. 110
do
2dm.7s,cp.,’y6. 117
do gen. m. 7s, cp., 1903. 115
do gen. m. 7s, reg., 1903 116
Oil Creek 1st m. 7s, coup.,’82. 80
rlttsb. Titusv. & B.,7s, cp..’96 28
new
94
do
6s, 1890, quarterly..
do
5s, quarterly
Baltimore 6s, iSSi, quart
.
Morris
do
pref
Pennsylvania
Schuylkill Navigation
1907
2d m. 6s, reg.,
RAILROAD
..
United N. J. Companies
Westchester consol, pref....
West Jersey
CANAL STOCKS.
cons.
20% PlttBburg & Connellsvllle..50
20%
35
144
112
6s, exempt, 1687....
ao
do
do
do
47
47%
Philadelplihla & Trenton
liming. & Baltimore.
Phlla. Will
Pittsburg Titusv. & Buff
St. Paul & Duiuth R.R. Com
do
do
pref.
g.,'94
gold, ’97— iod
g., i>
Maryland 6s, defense, J.& J...
do
30
*
'
A
43
44%
pref
North Pennsylvania
Pennsylv anla
Philadelphia* Erie
Pnlladelphla & Reading
do
mort.
6s, reg.,’84 107%
RR., rg.,’9". 109
BALTIMORE.
12
44
43
104%
14%
Norristown
Northern Pacific.
m.,
mort.
m. conv.
6s, boat*car,rg.,1313i
7s, boat*car.rg.,l9.5
Susquehanna 6s, coup.. .9.8 .*
54
Nesquehonlng Valley
—
do
do
do
46%
54%
Schuylkill
Little
do
do
do
do
Schuylk. Nav.lst ra.6s.rg.,’97.'
nx
Catawissa
do
CANAL BONDS.
Chesap. & Dela. 1st 6s, rg.,’86
Delaware Division 6s, cp.,’78_
Pennsylvania 6s, coup., 1910. ,t
40
47
pref
do
40.
...
m.7s, rg.,1911
Morris, boat loan, reg., 1885..*
exempt, rg. & coup.
Camden County 6s, coup
Camden City 6s, coupon
do
7s, reg. & coup
Delaware 6s, coupon
Harrisburg City 6s, coupon..
iol%
70
do
deb. 7s. eps.ofi>
do mort., 7s, 1892-3
,
Phlla. Wilrn.* Balt, 6s, ’84
Pltts.Cln.&St. L. 7s, cou., ISOv 1C 8
108%
Shamokin V.& Pottsv.Ts, 1901
Steubenv. & Iud. 1st, 6s, 1884. i03% 100%
Stony Creek 1st m. 78 i907...
Sunb. Haz. & W.,lst m.,5s,’2-1
Sunbury & Erie 1st m. 7s, ’97..
Texas & Pac. 1st m ,6s, g.,1905 98% 10O
79
82
do
cons m..6s,g.,1905
30
do
inc.& 1. gr ,7s 1915
Union* Titusv. 1st in. 7s, ’90.
United N. J. cons. m. 6s, ’94..
83
85
Warren & F. 1st m. 7s, ’96
120
West Chester cons. 7s, ’91. ... 118
95
West Jersey 6s, deb., coup.,’83
do
1st m. 6s, cp., ’96. 108
110
do
1st m. 7s,’93
Western Penn. KR. bs,cp.’.899 101
101%
do
6s P. B.,’96. 102
108
do
do
Bid. Ask.
Phil.* R. con8.m.6s,g.i.l9U. 101
do conv. 7s, 1893*
do
7s, coup, off,’93 39%
Phil.* R.Coal* iron deb. 7s.«2
Lehigh Naviga.
and coup...
RAILROAD STOCKS.+
Camden & Atlantic—
Etc.-Continued,
SECURITIES.
114
Chesapeake * Delaware
Deposits. Circulation. Agg. Clear.
208,144,000
211,096,700
215.443.400
PHILADELPHIA,
SECURITIES.
259,000
252,900
198,000
2,700
436,300
35,600
45,000
172,000
500,000
3,000,000
600,000
1,000,000
400
76,900
44,500
130,000
1.712.200
1,038,700
1,039,000
122.400
552,000
113,600
6.348.400
2.114.100
0,686,000
1.668.400
1.807.700
1.793.700
1.321.300
3,417,000
2.232.700
500,000
Irving
63.200
3.157.100
1,500,000
450,000
Chatham
883,800
2.226.300
4,089,300
3,254,000
422,700
Republic
2.689.600
14,173,00<
5,924,506
1,000,000
Pacific.
56,000
889.900
543.600
337.500
1.761.900
175,5100,
15.400
2,‘:5 i,7()0
11,891,000
5,000,000
5,000,000
240.400
206.300
1,563,500
203.700
56,600
200.900
$
1,911,300
726.200
1.701.700
*
8.495.600
4,173,000
245,000
742,000
224.100
1,077,900
854.700
Circula¬
tion.
Tenders. than U. S.
*
543.300
170.300
492,100
574,800
296.200
553,000
291,000
$
f
2,000,000
2,050,000
2,000,000
2,000,000
1,200,000
3,000,000
1,000,000
1,000,000
1,000,000
Net dep’ts
other
Legal
Specie.
[Vol. xxvm.
In default,
t Pet share.
+ And Interest.
June
THE CHRONICLE.
21, 1879,1
QUOTATIONS OF STOCKS AND
U, S. Bonds and active, Railroad Stocks
are
quoted
on a
previous
page.
STATE
Bid.
SECURITIES.
Ask.
Illinois—War loan
Alabama—5s, 1883
5s, 1880
8s, 1880
1892
0s,
0s,
7s,
0s,
8s,
8s,
8s,
7s,
48“
1893
A, 2 to 5
B, 5s
C, 2 to 5
Arkansas—0s, funded
7s, L. Rock & Ft. Scott iss.
7s, Memp. & L. Rock RR
7s, L. RP.B. & N. O. RR.
7s, Miss. O. & R. R. RR...
7s, Arkansas Central RR.
4
4
4
4
4
105
Connecticut—0s
Georgia—0s
7s, new
7s, endorsed
7s, gold
Illinois—0s, coupon, 1879...
0
0
0
6
6
7s
penitentiary
levee
do
do
42
39
38
Rapids & No...
Chesapeake & Ohio
5%
1st pref.
2d pref.
do
do
89%
41%
30
57
150
3
Harlem
Ind. Cin. k Laf
Keokuk & Des Moines.—.
-
,
T
T
1890
3*
10
Louisville & Nashville
Marietta k Cin., 1st pref...
do
do
2d pref...
Mobile & Ohio
Nashville Chat. & St. Louis.
New Jersey Southern
9
132“ 130"
....
166“
St. Louis Alton & T. H
do
do
....
....
100
—
....
10
pref.
Terre Haute k Indianapolis
United N. J. RR. & Canal..
do 2d,eon.,f.cp.,os,0s
Han. k St. Jos.—6s, conv...
143“ 145"
Ill.Cent.—Dub.&Sioux C.lst
Dub. k Sioux C., 2d div...
Cedar F. & Minn., 1st m..
Miscellaneous St’ks.
106%
Adams Express
American Express
United States Express
46*
40%
99
Wells, Fargo & Co
Quicksilver
do
15
pref
107
47% Indianap. Bl. k W.—1st m..
48
2d mortgage
99% Lake Shore—
10
Mich S. k N. Ind., s. f., 7s.
40
Cleve. & Tol., sink. fund..
37
Atlantic k Pacific Tel
American District Tel
Gold k Stock Telegraph....
Canton Co., Baltimore
do
35
*
*
"
150“
4%
4%
39
37
29%
Pullman Palace Car
....
Railroad Bonds.
Stock Exchange Prices.
Bost. H. & Erie—1st m
1st mort., guar
Bur. Ced.R.& North.—1st,5s
Minn.& St. L., 1st, 7s, guar
f
,
,
Det.Mon.A T., 1st, 7s,’1900
Lake Shore Div. bonds,
,
0
40
do
do
do
do
38
Marietta k Cin.—1st mort..
1st mort., sterling
39“
Metropolitan
79%
Income
100%
Sinking fund
Joliet & Chicago, 1st m... *108
Louis’a k Mo.,1st m., guar 109%
do
2d 7s, 1900. *97
St. L. Jack, k Chic., 1st m. 109%
*....
Miss.Riv.Bridge,lst,s.f,6s
Chic. Bur. k Q.—8 p.c., 1st m 114
*121
Consol, mort., 7s
101
5s, sinking fund
110
115*
93%
117%
0s, 1917, registered...
Keok.A Des M., 1st, g., 5s.
Central of N. J.—1st m., ’90.
lat consolidated
do
assented.
94*
42
95
Adjustment, 1903.
Lehigh & W. B., con., g’d..
...
do
'
do
assented
75
80
„
1st co
Del. Lack, k West.—2d
do
do
m..
7s, convertible
Mortgage 7s, 1907
Morris A Essex, 1st m
dO
2<1 mort....
94*1
103"
65%
*
-
t
,
.
....
f
.
l66
.
.
105*
100
*104% 100
112% 114
107% 108%
Prices nominal.
9i“
103^
99%
»
~
r
*
104
104*
*.... 103%
do
Bur. Div
1st pref. inc. for 2d mort.
1st inc, for consol
110* 110%
114
115
115
117
73%
Tol.&Wab.—lstext.7s,ex cp
1st St. L. div.7s,ex mat.cp.
73%
73
73%
....
....
*102“
40
„
*
f
t
f
f
,
Peoria Pekin k J.—1st
„
„
58%
119
109
109
SS
108
89
....
108*
118%
*....
117*,
....
120
113
111
113
103
109
58%
93
102
95
*
*
•
-
95
•
.
•
•
116
118
*117
„
84%
*....
*109
97
^
1st
.
84*
Tol. Can. S.& Det.—1st.
55
Union &
*105
*105
111
93
•
•
•
*30
*30
1
Consolidated
2d consolidated
93%
1st m., Springfield div ..
Pacific Railroads—
Central Pacific—Gold bds. 112% 112%
San Joaquin Branch.... 101
Cal. k Oregon, 1st..
*102* 103“
State Aid bonds
*107%
104
Land grant bonds
Western Pacific bonds.. *107%
South. Pac. of Cal.—1st m. 107* 109"
Union Pacific—1st mort.. 112% 112*
Land grants, 7s
113* 114
113*
Sinking fund
113% 114
Registered, 8s
Pacific RR. of Mo.—1st m. 107% 108
2d mortgage
109% 110
•
.
—
.
.
Income, 7s
1st m., Carondelet Br...
South Pac. of Mo.—1st m.
Kansas Pac.—1st m.,6s,’95
1st m.,0s,’95,with cp.ctfs
1st m., 0s, ’90
with coup, ctfs
do
1st m., 7s, Leav. br., 90..
with coup, ctfs
do
1st m., 7s,R.&L.G.D’d,99
do
with coup, ctfs
1st m., 7s, land gr’t, ’80..
do
with coup, ctfs
2d mort., ’80
do
with coup, ctfs
Inc. coup. No. 11 on 1910
Inc. coup. No. 10 on 1910
Den. Div. Tr. rec’ts ass.
Pennsylvania RR—
Pitts.Ft.W.& Chic., 1st
do
do
do
do
2d
3d
m.
m
m..
99* lOO"
*““
*80
*ii5"
t And accrued interest.
84
....
116% ii7“
....
*60 “
60%
101%
....
....
*126%
124
*110*
Cleve.& Pitts., consol., s.f. *115
4th mort...
do
Col.-Chic, k I. C.. 1st, con..
118%(
83%
110%
08%
t
120
f
•
2d mortgage, inc., 7s
Chic. St. P.& M.—0s, g., new
Logansport—7s
*105
*30
t
-r
-
•
•
•
*30
32
32
32
78
•
-
»
«
«
39
58
40
8$
87%
57%
8%
60
74
43
35
69
41
40
57
107
85
100
85
41*
65
109
90
102
90
103
100
80
05
91
84
100
62
88
65
91
93%
93*
86*
•
•
•
•
•
•
•
•
....
93
85%
73%
80%
*
*....
113
*112
08
40
*....
40
*
*
.
95
98
....
Atlanta, Ga.—7s.
8s
Water works
Augusta, Ga.—7s, bonds.
’
7s, F. L
Columbus, Ga.—7s, bonds.
Macon—Bonds, 7s
Memphis—Bonds, C
Bonds, A and B
Endorsed M. k C. RR—
Compromise
Mobile—5s, coupons on....
8s, coupons on
6s, funded
Montgomery—New 5s
49
09
55
50
New 3s
Nashville—6s, old
0s, new
105
113
+105
+112
+112
+112
+112
+101
+111
+113
New Orleans—Prem., 5s...
108
115
100
Consolidated, 0s
Railroad, 6s
113% Norfolk—0s
113% Petersburg—0s.........—
8s
113%
Richmond—0s
115
115
50
50
109
Savannnah—7s, old
7s, new
Consols, 5
8s, gold,
f
lOO
110
110
102%
115
115
+112% 110
+102
+110
105
113
2d mortgage, 7s..
Blast Tenn. k Georgia—0s..
Stock
115
Georgia RR.—7s...
106%
108
93
73
53
87
55
0s
Stock
110
100
75
58
88
00
7s,
55
55
90
guar
Macon k Aug.—2d, endors.
Memphis* Cna’ston—1st,7s
2d, 7s
82%
100
89
1st, 7s, Id. gr., not guar...
70
1st, ex land grant, 7s
Grand River Val.—6s, 1st m +101
84
Hous.A Gt.N.—lst,7s,g.,ctfs
Hous. k Tex. C.—1st, 7s, gld 107%
103
Western Div
103
Waco
103
Consol, bonds
70
Indianapolis k St.L.—1st, 7s
Indianap.& Vine.—1st,7s, gr 100
84
International (Tex.)—1st, 7s
23
Int. H. & Gt. No.—Conv., 8s
Jack.L.A S.—8s, 1st,“white” +108
105
Long Island—1st mortgage.
35
Montclair & G.L.—1st, 7s, n.
43
N. J. Midland—1st, 7s, gold.
7
2d mort
10
N. Y. k Osw. Mldl’d—1st m.
55
Receiver’s certif’s, labor.
do
other.
55
Oswearo k Rome—7s. guar..
95
Nashville Chat.& St. L.-7s.
1st, 0s, Tenn. k Pac. Br...
1st, 0s, McM.M.W.&Al.Br
Norfolk k Petersb.—1st, 8s
1st mortgage, 7s
2d mortgagees
Northeast., S. C.—1st m., 8s.
2d mortgage, 8s
Orange * Alex’a—lsts, 6s..
2ds, 6s
3ds, 8s
65
100
85
75
109
105
105
4ths, 8s
104% Rich.* Dan.—1st consol., 0s
Southw. Ga.—Conv., 7s, ’80.
75
Stock
105
87
f
S. Carolina RR.—1st m., 7s.
•
»
109
100%
45
40
9
15
00
-
100
100
107
97
105
59
70
50
55
15
15
15
35
19
19
20
40
40
80
80
24
30
24
99
98
108
104
09
09
08
20
102
30
110%
07
97
60
90
95
102%
38
115
107
85
Greenville k Col.—7s, 1st m.
101% 102%
82% 83
51%
103
110
102
107
62
80
70
1&
25
25
50
22%
25
25
50
50
90
90
20
32
20
102
101
100
7{J
70
coup, on
RAILROADS.
Ala.&Chat.—Rec’rs ctfs.vai
Atlantic k Gulf—Consol...
Consol., end. by Savan’h.
Cent. Georgia—Cons, m., 71
Stock
Charl’te Col.& A.—Cons., 7s
E.Tenn.A Va.—0s,end.Tenn
E. Tenn. Va. k Ga.—1st, 7s.
110
111
112
101
CITIES.
42
....
+100
51
Virginia—New 10-40s
108%
* No price to-day; these are latest
31%
30%
+109
+110
35
•
Evansv. Hen. k Nashv.—7s.
Evansv. T.H. & Chic.—7s, g.
Flint & Pere M.—8s, l’d gr’t
Galv. Hous.A H.—7s, gld,’71
Gr’nd R.&Ind.—lst,7s,l.g.gu
30
+102“ 104~
....
»
Stock
0s, gold..
97
Memp. k Lit. Rock—1st, 4s.
Chic.& Southwest.—7s, guar
85
Cin. Lafayette k Ch.—1st m
87% Mississippi Cent—1st m.,7s
2d mort., ex coupons
Cin.A Spr.-lst, C.C.C.&I.,7s
95% 90%
Miss, k Tenn.—1st m., 8s, A
110
1st m., g’d L.S.&M. S.,7s
103%
1st mortgage, 8s, B
Col.& Hock. V.—1st,7s,30 yrs +104% 100
+99
Mobile k Ohio—Sterling, 8s
101
1st, 7s, 10 years
103
+100
Sterling, ex cert., 6s....
2d, 7s, 20 years.
55
00
Dan. Urb. B1.& P.-lst, 7s, g.
8s, interest
2d
02
70
Denver Pac.—1st,7s,Id. gr.,g
mortgage, 8s
New 1st mortgage
Erie k Pittsburg—1st m., 7s 100
New debentures
99
105
Con. mortgage, 7s
N. O. k Jacks.—1st m., 8s
85
90
7s, equipment
107
Certificate, 2d mort., 8s...
Evansv. k Crawfordsv.—7s. 102
Land grant,
34%
30% 31%
STATES.
N. Carolina.—New 4s
Rejected (best sort).
*106%
7s, water
7s, river improvement....
Cleveland—7s, long
Detroit—Water
works, 7s.. +113
90%
40
88% Elizabeth City—Short
40
Long
108*
102
Hartford—0s, various..
+100
110% Indianapolis—7*30s
+90
Long Island City
+106
Newark
City—7s, long
68*
+113
29
Water, 7s, long
....
3&
(Brokers' Quotations.)
....
•
^
mortgage, 7s (pink)....
Extension
.
CITIES.
....
2d mortgage, guar
Sand. Mans. & Newark—7s..
*104% 105%
105%
Miscellaneous List.
(Brokers' Quotations.)
7s, sewerage
2d mortgage, class B.
do
class C.
117%
107%
Albany, N. Y.—0s, long
Buffalo—Water, long
Chicago—6s, long dates
m.
70
*
I2i%
112
50
10
10
10
40
40
10
86%
92%
do 2d int.,0s. accum’e
Chic. St.L.A N. 0.,2d m.,1907
....
.
110
....
Ask.
BONDS.
Consol, conv. ex coupon.
Gt. Western, 1st m., ex cp
do 2d m.,7s,’93,ex cp
1900, registered
110% 111%
INCOME BONDS.
111%
Central of N. J., 1908
109%
Leh. k Wilkes B. Coal, 1888
105
104
St.L.I.M.&S.,lst 7s,pref .int.
*
Small
Registered.
*35
West. Un. Tel.—1900, coup
118
3
Equipment bonds, 7s, 1883
k Tol.,
1st,1st7s,m.7s,ex
’90,ex cp.
S.1.&
So. Ia.,
cp
....
2*
.......
22
2d mortgage ext., ex coup
107
2
3
2*
Tennessee—0s, old
0s, new
6s, new series
Virgina—6s, old
6s, new, 1800
6s, new, 1807
0s, consol, bonds
0s, ex matured coupon....
0
6s, consol., 2d series..
3%
0s, deferred
3%
AND
Arkansas Br., 1st mort...
Cairo k Fulton, 1st mort.
103% 104%
Cairo Ark. k T., 1st mort.
104
104% St.L. K.C & N.—R. E.& R.,7s
107
108
Omaha Div., 1st mort., 7s
North Missouri, 1st m., 7s
107% 109
115
113%
St. L. Alton & T. H.—1st m.
105
2d mortgage, pref
100
do
income
101%
Belleville k So. Ill., 1st m.
125
Spring. Y’y W. Works, 1st 0s
Tol. Peo. k W.—1st m., E.Doi* 91% 1st mortgage, W. D
119
119*
Burlington Div
*.... 103%
2d mortgage, 1880
108%
Consol., 7s, 1910
104
104%
Pur. Com. rec’pts, 1st,E.D
109
do
1st, W. D
•
100
90
123
114
90
109
STOCKS
Col. Chic. & I. C., 2d con..
do Tr’tCo.ctfs.lstcon
Rome Wat. k Og.—Con. 1st.
St. L.& Iron Mount’n—1st m
2d mortgage
loioim—oo.uuuii.
7s of 1888
Non-fundable
103
108
0s, 1880
....
110% 118
99% 100%
Consol, mortgage.
Ohio—0s, 1881
107“
....
Registered gold bonds.... *112% 113
Iowa Midland, 1st m., 8s.. 115
Galena k Chicago, exten. 100% 107
Peninsula, 1st m., conv... *112
Chic, k Milwaukee, 1st m. 117
*109
Winona k St. P., 1st m
do
2dm.
105%
108
class 2
class 3
Bid.
April k Oct
Funding act, 1800
Land Com., 1889, J. & J
do
1889, A.& O
25%
14*
tt.
108
110
113
mortgage
Coupon gold bonds...
do
do
Securities.
iwuuuc
South Carolina—6s
Jan. k July
....
111
107
1st
108% 109
.
....
120%
107%
—
Chic.Mil.& St.P.—1st,8s,P.D
127%
ii2"
2d mort., 7 3-10, P. D..
1st m., 7s, $ gold, R. D
112% 114
114
1st m., La C. Div.... ..
112
1st m., I. & M
1st m., I. & D
109%
1st m., H. k D
*108*
113
1st m., C. & M
Con. sinking fund
108% 108%
*100
2d mortgage
107
1st m.,7s, I. & D. Ext.
Interest bonds
Consol, bonds
Extension bonds
do
1808
New bonds, J. & J
do
A.&O
Chatham RR
Special tax, class 1
68%
18% Mo.K.4 T.—Cons.ass..1904-6
2d mortgage, inc., 1911
28%
Oswego—7s
H.
k
Cent.
105%
1890.
Mo., 1st.,
107%
43
Poughkeepsie—Water
New Jersey South’n—1st, 7s
Rochester—Water, 1903—
Consol., 7s, 1903
105% 105% Toledo—8s, water, 1894
110% N. Y. Central—0s, 1883.
7.309.
*100
98
6s, 1887
Yonkers—Water, 1903
6s, real estate
116
6s, subscription
104% 105“
RAILROADS.
110
N. Y. C. k Hud., 1st m., cp. 125%
do
1st m., reg. 125%
Atchison & P. Peak—0s, gld
Huds. R., 78, 2d m., s.f.,’85 109% 110% Bost. k N. Y. Air-L—1st m.
Canada South., 1st, int. g.
85% 85* California Pac.—7s, gold—
116%
125
6s, 2d mortgage, gold
Harlem, 1st m., 7s, coup.. 124
125
do
1st m., 7s, reg— 124
Cent, of la.—1st m., 7s, gold
J. Y. Elevated—1st, 7s, 1906 115* 110
Chic.& Can. So.—1st m.,g.,7s
115
1 Chic, k East. Ill.—1st m., 0s
Ohio k Miss.—Consol, s. f’d 111
97
assent’d
Am. Dock & Impr. bonds,
A.& O
coup, off, J. & J.
coup, off, A.k O.
Funding act, 1800
107
*89%
1893
Carolina—0s, old.J&J
do
do
do
42
105%
Equipment bonds
Convertible
,
Elev—1st, 1908
Mich. Cent.—Cons., 7s, 1902
1st mort., 8s, 1882, s. f..
....
Chesap.& O.—Pur. m’y fund *101*
41%
6s, gold, series B, int. def.
17*
0s, currency, int. deferred
Chicago k Alton—1st mort. 118%
coup., 1st
cons, reg., 1st.,
cons, coup., 2d.
cons. reg.. 2d ..
cons,
29*
82% Louisv.A Nash.—Cons.m.,7s
2d mort., 7s, gold
Nashv. k Decatur, 1st, 7s.
....
42%
100
115
114
do
new
Buffalo k Erie, new bds... 110
105
Buffalo k State Line, 7s..
Kal’zoo k W. Pigeon, 1st. *105
43%
Pennsylvania Coal
Mariposa L’d k Mining Co.,
do
do
pref.
Ontario Silver Mining
Homestake Mining
Standard Cons. Gold Mining
assented.
bonds.
Cleve. P’vllle k Ash., old.
American Coal
Consolidation Coal of Md..
do
new
do
MISCELLANEOUS
Rens.A Saratoga, 1st,coup
do
1st, reg.
Denv.& R. Grande—1st,1900
Erie—1st mort., extended..
2d mortgage, 7s, 1879
3d mortgage, 7s, 1883
4th mortgage, 7s, 1880
5th mortgage, 7s. 1888
7s, cons., gold bonds, 1920.
ex coup.,Sept.,’79 k prev
Long Dock bonds
Buff. N.Y.& E, 1st m., 1910
N.Y.L.E.&W.,n.2d,con.,0s
do 1st, con., f, cp.,78
....
N. Y. Elevated, ex priv
V. Y. New Haven k Hartf.
Ohio k Mississippi pref
Pitts. Ft. W. & Cnic. spec’l.
Rensselaer & Saratoga
AND
coup., 7s, 1917
do
reg., 7s, 1917 .
Albany k Susqueh., 1st m.
do
2d mort..
do
3d mort..
do
1st con., guar
-
pref.
do
102“
Reg. 7s, ’94
1st Pa. div.,
lii” 115“
Chicago & Alton, pref
Chicago St. Paul & Minn—
Dubuque & Sioux City
42%
Morris k Ess’x,b’nds, 1900
do
construct’n
do
7s of 1871.
do
1st con., g’d..
Del.& Hud.Canal—1st m.,’84
1st mortgage, 1891;
do
extended..
Del.& H. Can.—Coup., 7s,’94
5*
107%
0s, old, A.& O
No. Car. RR., J. & J
of 1910
Hannibal k St. Jo., 1880..
80
Ask.
107
100
100
107
117
120
122
25
25
105
105
85
85
9
9
15
0s,
of 1875
RAILROAD
Burl. Cedar
Bid.
North
0s, due 1880
0s, due 1887
0s, due 1888
0s, due 1889 or ’90
Asylum or Univ., due ’92.
Funding, 1894-95
113%
SECURITIES.
Missouri—Han.& St. Jo.,’87.
New York—0s, gold, reg.,’87
0s, gold, coup., 1887
0s, loan, 1883.
0s, do 1891
0s, do 1892
floating debt....
Missouri^Os, due 1882 or ’83
....
102
new
new
Michigan—0s, 1879
0s, 1883
....
Railroad Stocks.
(Active previously quoted.)
Albany k Susquehanna....
Boston & N. Y. Air L., pref.
do
102
consolidated
7s, small
....
7%
.
do
do
Ask
Kentucky—0s
8s’, Monte. & Eufaula RR.
8s, Ala. & Chatt. RR
BONDS IN NEW YORK..
Prices represent the per cent valuef whatever the par may &#.
BONDS.
Louisiana—0s
8fl 1888
8s of
8s of
Class
Class
Class
Bid.
SECURITIES.
621
7s, 1902, non-enjoined
—
Savan’h k Char.—1st m., 7s.
Cha’ston k Sav., 0s, end..
West Ala.—1st mort., 8s—
2d mort., 8s, guar
45
97
00
105
40
112
70
101
72
....
42
119
108
88
90
50
100
100% !01%
80
5
40
101
103
113
92%
75
75
00
12
85
37
110
105
81
7
45
104
105
115
95
85
85
70
15
88
38
112
•
105%
93%
92
105
100
93
110
97
95
90
50
22
94
105
80
100
44
48"
110
110
•
•
•
....
....
95
....
•
•
• •
*
112
110
100
00
29
90
110
107
50
52
115
,
‘
115
PAST-DUE COUPONS.
Tennesssee State coupo>ns.
South Carolina consol..,
.
.
Virginia coupons
do
consol, coupons.
quotations made this week.
20
40
20
30
78
80
....
..
4,
CHRONICLE
THE
622
Bank
SECURITIES.
LOCAL
NEW YORK
[Vol. XXVIII,
Insurance Stock List.
Stock List.
[Quotations by K. 8. Bailky, broker, 7 Pine street.]
Capital.
Comp an i B®.
Prick.
Dividends.
Surplus
latest
dates. $
Net
at
Umount
«
Capital.
8
100 3,000,000 1.324.100 J. & .1.
Exchange 100 5,000,000 1,280.200 M.&N.
188.500 J. & J.
100
250,000
Bowery
25 1,000,000 1,177,4( 0 I. & J.
Broadway
& J.
Butchers’& Dr. 2i
88.400
300,000
o34.6oo J. & J.
Central
100 2,000,000
100
Chape
26,200
300,000
Commeice
Continental
2’>
450,000
100
300,000
25
600.000
100 1,000,000
100 .000,000
100 1,000,000
100 1,000,000
25
250,000
25
100,000
100
150,000
100
100,000
..
Corn Exch’ge*.
^tast River
11th Ward's..
Fifth
Fifth Avenue*
.
..
First
Fourth
Fultun
Gallatin....
German A:n.'
German Rxch.*
Germans*
Greenwich*
...
..
Grand Central •
Grocers*
Hanover
Imp.* Traders’
Irving
J. & J.
M.&N
I. & J.
10
0
’00
100
100
Y. Countv.. 100
N. Y. N. Exch. 100
Ninth
100'
No. America*.. 70
North Riyer*.
50
Oriental*
25
Pac flc*
50
Park
100
..
Nassau*
Sew Ycr*
.
People’s*
Phenix.........
300;
3,000,( 00
ioo,~1,000,
2,000,000
200,000
300,000
25l
.....
Produce*
Republlo
fit. Mcholas...
Seventh *ard.
Second ...;
fihoe & Leather
Sixth
state of N. Y.
Third
•
•
2,000,000
.
131,000 I. & J.
141.100 J. & J.
412,500
m*.
V*
£
0
114.700 F.&
A.
60 100 J. & J
70,600 J. & J.
221,600 J. & J.
4 2.300 J. & J.
185,000 M.&.N
;00,<00
300,000
300,000
500,000
200,000
800,000
33.200 J.&.J
249.500
1,000,000
1,200,000
200,000
J. & J
666.300 M.&N
93.400
J. & J
’77.
*79.
*79.
’79.
’78.
•
...»
10
4
t
•
.
•
•
!
102
1
.
3
5
0
3
....
•
•
•
3
3%
200
7
4
3
...
T
t
.
...
•
*
•
....
TT
-
.
00
,
,
91
L27
75
.
..
9
g
#
0
2%
80
131
134
,
.
•
•
.
•
io
10
0
8
0
11
12
0
10
0
....
....
*0
...
3
9
10
6
7
3
3
10
10
7
7
3
t
t
»
*
J
*
1
....
May, ’79. 3%
•
•••
Jan., ’78. 3
7% July, ’79. 3%
10
133
May, ’79. 4
8
Jaii., ’79. 4
9
8
8
143
j
Brooklyn Gas Light Co
Citizens’Gas Co fBklvn)
do
Harlem
25
20
boods
1,C00
50
20
50
100
V r.
100
J rrsey City & Hoboken
Manhattan
Metropolitan
do
certificates
Mutual, N. Y
do
Nassau.
bonds
1,000
Brooklyn
do
New York
25
Va
100
10
scrip
.
People’s (Brooklyn)
do
do
bonds
do
do
certificates.
Central of New York
1,000
Var.
50
50
Williamsburg
do
scrip
Metropolitan, Brooklyn
Municipal
co
bonds
Var.
100
100
..
.
..
2,000,000
1,200,000
315,000
1,850.000
750,000
4,000,000
2,500,000
1,000,000
5,000,000
1,000,000
1,000,000
700,000
4,000,000
1,000,000
300,000
300,000
466,000
1,000,000
1,000,000
1,000,000
1,500,000
Var.
Var.
A.&o.
F. & A.
J. & J
I. & J
Vi.& S
M.& S
Quar.
F.& A
Var
.
M.&N.
M.&N.
/. & J
M.&N.
J. & J.
F.& A.
Quar,
J. & J.
M. &N.
.
,
,
750 000 M. &N.
•-
Rate.
*
5
3
7
3
Niagara
North River..,
Pacific
Park
Peter Cooper.,
Bid. Aek.
’79 120
Jnn„ ’79 55
1898
95
Feb., ’78 40
’73
135
v% Jan.,
5
Jme, ’79 170
5
Feb., ’79 122
3% Feb., ’7o 101
1% Apl., '79 70
102
! 1882
3
Jan., ’79 55
3% May, ’7u 82
4
May, ’79 97
3% Jan.. ’70 18
7
1897
90
3% Jan , ’79 70
3
Feb , ’79 55
2
Jan., ’79 70
3% Jan., ’79 85
2% May, ’79 40
3
Feb.. ’<9 118
6
1888
104
May,
People’s
Produce Exch.
Relief
Rutgers’
Safeguard
.
St.Nicholas...
Standard
Star
Broadway A Seventh Are—stk..
1st mortgage
Brooklyn City—stock
1st
mortgage
Broadway (Brooklyn)—stock..
Brooklyn A Hunter's Pi—stock.
1st mortgage bonds
Bushwick Av. (B'klyn)—stock..
Ventral Pk., y.A E. River—stk.
Consolidated mortgage bon s.
900,000
1,000
694,000
100 2,100,000
1,000 1,500,000
10 2,000,000
1,000
300,000
100
200,000
100
400,000
1,000
300,000
100
500,000
100 1,800,000
1,000 1,200,000
100 1,200,000
Dry Dock, E. B. A Battery— stk.
1st mortgage, cons’d
50O&C
900,000
100 1,000,000
Eighth Avenue—stock
bit mortgage.
1,000
203,000
2d St. d Grand St berry— stock
100
748,000
1st mortgage
1,000
236,000
Central Cross ’lown- stock.
1st mortgage
100
...
id mortgage
Cons. Convert!:)lc
Extension
Bzih Avenue- stock..
lit mortgage
Jhird Avenue—stock
1st
mortgage
Jtnt’iit/.iiiira Street—stocK...
tat piorts?a»p
•
<J
•
Q-J.
J. & D.
Q— F.
M.&N.
y—J
A.&O.
■
tl
•
&
U
•
J. & J.
J.&D.
Q-F.
J.&D
I. & J
J. & J.
M.&N.
A.&O.
.
..
1,199,500 Q.-F.
150,000 A.&O.
1,050,000
200,000
750,000
1,000
415,000
100 2,000,000
,000,000
100
600,000
l.non
950.000
1% Jan., ’79
7
2
M.&N.
A.& O.
M.&N.
f. & J.
Q-F.
J. & J.
J & J.
J’ly,1900
12
85
64%
’78
’93
102
135
90
100
85
40
94
86
102
100
100
140
105
7
Nov.1904
99
7
2
7
July, ’94
Apr., ’78
80
30
95
79
70
Nov., ’80
Apr., ’79
Oct.. ’70
1888
.
.
3
7
2
7
6
7
0
7
i#.
Jan.. ’79
Dec.1902
May, ’79
June,
Jan.,
Jan.,
May,
Apr.,
’93
’79
’84
....
10
7
7
5
7
3
7
4
7
Apr
’85
May, ’88
Sept. ’83
May. ’77 85
July, ’90 105
ay, *79 118
July, *90 97
,
Feb.,’79
»
..
05
100
50
145
180
127
104
75
105
65
90
100
22
96%
80
65
80
95
50
125
108
95
20
90
65
102
140
no
150
100
102
92%
50
97
90
105
110
155
115
40
101
20
80
32%
100
75
75
100
115
i:0
100
100
i(^»
This column shows laet dividend on stocks, but the date of maturity or ooi.ds.
200,000
150,000
500,000
200,000
3,000,000
lr 0.000
500,000
200,000
200,000
200,010
150,000
280,000
150,000
200,000
150,000
200,000
300,000
200,000
250,000
200,000
150,000
United States.
Wpatch ester..
200,000
200,000
200,000
200,000
200,000
210,000
200,000
200,000
300.010
500,000
350,000
200,000
200 000
150,000
150,000
50
100
50
100
100
25
1.000,000
100
200.000
25
200,000
200,000
300,000
200,000
200,000
800,000
250,0U0
300, <00
200,000
200,000
300,000
200,000
200,000
250,000
•Over all
scrip.
July, ’78. 5
8%' July. ’78. 3%
130
14
Jan
’79. 7
10
Jan., ’79. 5
50
N’n^ Jan., ’77. 4
10
July ’78. 5
190
20
Juiie,
130.330
815,049 10
754,424 30
127,116 20
344.301 40
35,343 10
124,537 20
685,899 10
78,847 10
1,363.4}-9 10
15,909 10
206,609 12
111,928 12
32,968 10
1314,003 10
199,901 20
27,884 10
T.6,5*7 20
116.473 10
55,005 10
281,942 20
71,541 10
202,281 11
241,421 14
281,637 30
70
,
4
10
20
20
20
20
10
10
30
20
22
hio
130
Feb., ’79.10
J an.,
’79.10
.inn., ’79.10
Feb.. ’79. 5
Jan.. ’79. 6
July, '77. 5
Jan., ’77. 5
Jan., ’79.10
Jan., ’79.6-83
Apl., ’79.10
•lan., ’79. 5
Fob.. ’79. 5
Jan., ’79. 7%
Jan., ’79. 5
July. ’77. 5
Jaw, ’79. 6
Jan., ’79.
Jan., ’79.
10
10
20
10
10
10
10
12
12
13
10
79.10
JS*
10
10
10
10
10
10
10
20
(20
10
5
10
20
10
10
10
10
20
10
10
10
12
12
20
10
20
30
20
20
180,569^20
51,380 10
10
10
206,979; 20
20
16
114,189 20
18
12
20
20
174,031125
124.3-I l! 10.
14
10
324,262120
20
20
160,005120
14
17
24,571
N’ne
55,061 10
10 *
N’ne
455,0)2 10
12
11
112,717 12
11
10
426,132130
20
30
10*,552120
20
12
200.474 20
20
20
108,104'20
18
12
731,322 20
20
15
\’ne
8%
59,449 10
*"
10
34,673 10
10
5
71,994 13
12
10
205,204 25
20
20
103,095 15% 10
10
9
10
89,020 10
175 011 11-55 1235 023
17! ,318 15
17% 12%
10
10
49,231 10
14
10
144,517 20
10
20
181.302 25
12
10
231.331 10
10
10
175,619 10
20
20
20
450,317
Jan., ’79.
Jan., ’79.
.lan.. ’79.
Jan. ’79.
•l«n.t ’79.
Jan., ’79.
Jan., ’79.
Jan., ’79.
Jan., ’79
Jan., ’79.
Jan., ’79.
M’cd
Jan.,
Jan
Ja i.,
.
Jan.,
Jan.,
Jan..
Jan.,
Jan.,
Jan.,
Jan.,
Ja".,
Jan..
100
*65
202
210
200
180
190
110
120
47
125
55
115
173
200
105
105
120
100
30
100
ICO
135
5
180
7
107
5
270
7%
60
135
178
210
105
2G0
70
140
3%
7% iso
5
5
5
3m,
5
5
5
’79 5
’79.10
’79. 5
’79 8
’79. 5
’79. 5
’79. 8
’79. 5
’79. 6
’79. 5
’79.10
’79.10
’79. 5
’79. 8
’79. 5
’79.10
Jan.,
Jau.,
Jan.,
Ja;i., ’79. 5
Ja.. ’79.10
85
124
50
99
100
05
130
160
0
140
100
80
130
70
130
1)2
170
165
80
145
110
92%
120
•
80
150
106
90
P0
140
120
Jan..
Apl
,
Jan.,
Jan.,
Jan.,
Jan..
•Jan.,
J«n.t
JF
Jai.,
Jan.,
Jan.,
Jan.,
.
Jai.,
’79. 5
’79. 0
’79. 4
’79.10
’79. 6
’79.10
’79. 6
’79 5
’77. 3*^
’79. 5
’79. 5
’79. 5
’79 10
’79 8
’79 5
85
100
105
105
180
130
Feb.. f79. 7
Jan.,
••«
101
105
80
...
64
115
107
235
109
190
05
70
112
110
120
117
65
123
‘70
95
ioo
75
Feb.,
Jan , ’79.0-23 123
112
Jan., ’79. 0
75
Feb., ’79. 5
Jan., ’79. 5
if’o
Jan., ’79. 5
125
Jan., ’79. 0
105
’79.
5
Feb.,
198
Jau., ’79.10
90
80
177*
135
110
f Inclusive of
liabilities, including re-insurance, capital and Ecrip.
'
.
City Securities.
[Quotations by Danikl A. Moran, Broker, 40 Wall Street.]
Price.
Interest.
Rate.
Ntw
York:
Water stock
1811-63
Croton water stock. .1845-51
do
do
.. 1952-60
Croton
do
do
Aqued’ctstock. 1865
pipes and mains...
reservoir bonds—
Central Paik bonds. .1853-57
do
..1853-65
no
1870
Dock bonds
1:75
do
Apr ’79
June, ’84 101
3% Mav. ’79 130
7
3
3
7
200.000
1865-68
Market stock
7
.......
1,000
-
.
<3£
100
500
100
J00
.
.
600,000
200,000 M.&N.
250,000
500,000 j. & j.
1.000
500&C.
...
J
.....
1,000
Houston. Vest st.APav.F’ysDs.
1st mortgage
Second Avonue—stock.
J. & J.
500,000
200,000
100
!00
25
25
25
!0
50
50
5
10
15
15
10
127
*
100
1,000,000
50
.
Stuyvesarit....
[Quotations by H. L. Grant, Broker, 145 Broadway.]
Bleecker 8t.dk Fulton*erry—stk.
1st mortgage
150,000
200,000
35
100
100
100
50
25
25
ICO
20
Tradesmen’s;..
Date.
150,000
37%
Sterling
[Gas Quotations by George H. Prentiss, Broker, 24 Broad Street.]
Amount. Period.
204,000
.
Ridgewood....
City Railroad Stocks and Bonds.
Par.
200,010
200,000
....
Republic
...
5 The figures in this column are of date April 4, 1879, for the National banks, an
15, i8*.9, for the State banks.
Gab Companies.
250,000
300,000
200,000
200,000
1,000,000
300,000
200,000
Bid. Ask.
Last Paid.
20
20
20
17% 10-72
12
18
N’ne
5
N’ne
5
18
25
,038,423 11-45 1250 13 40
20
20
514.363 30
10
14 '
102,001 14
10
15
121,604 20
15
15
101.067 15
10
12
85,825 15
N’ne
10
10
11
12
80,618 12
210,000
17
Firemen’s
Firemen’s Fund 10
Firemen’s Tr .. 10
Franklin&Emp 100
German-Amer. 100
50
Germania.
50
Globe
25
Greenwich
100
Guardian...
15
Hamilton
50
Hanover...,
50
Hoffman....
100
Home
25
Hope
50
Howard....
50
100
Irving
30
Jefferson
Kings Co.(BkL, 20
Knickerbocker 40
50
100
Lamar..
Lenox.....
Long Isl.(Bkn.) 50
25
Lorillard
Manuf.& Build. 100
100
Manhattan
25
Mech.&Trad’rs
Meoh’iC3’(Bku) 50
50
Mercantile..
50
Merchants’
50
Moutauk (Bkn'
50
Nassau (Bklyn,
.
%
200,000
300,000
200,000
153.000
300,000
50
....
10
21 25
1494,548 15
09,251 10
1,442 8
37,545 10
410,507 20
303,641 20
203,041 20
603,7^9 ■20
178,380 20.
150,018 20
11,126 10
10
170,523 25
200,000
30
National
7,107
400,000
200,000
Commerce Fire 100
Commercial ... 50
Continental.... 100
40
Eagle
Empire City.... 100
30
Exchange..
1870. 1877. 1878
1879.*
200,000
200,000
..
3%
3%
5
3%
130
4
2
3%
90
3
3% 121
2
3%
4
•
Adriatic
25
AEtna. ..,
100
American
50
American Exch 100
100
Amity
Atlantic
50
25
Bowery
25
Broadway
17
Brooklyn
Citizens’. :.. . 20
70
City
100
Clinton
Farragut..
-
...
of date Mch.
Gas and
Jan.1,
Columbia
Jan., ’79. 4
Feb
’79. 4
81
Jan., ’77. 3
July, ’77. 3
a ., *79.
3%
July, *79. 4
May, ’79. 2%
July. ’79. 3
Jan., *79. 3%
Jan , ’79. 3
92
July, ’74. 3%
Feb.,’79. 3
103% 104
Aug. ’77. 2%
July, ’78. 3
Jan., ’79. 4
July, ’79. 4
Jan., ’79. 3
r r
•
•
3
3%
3%
July, *79. 4
7
8
8
8
8
3
6
•
Jan., ’79. 4
.
F.'&A.
284.700
Ja".,
July,
July,
Jan.,
Jan.,
Feb., ’79.
July, 75.
Jan., ’70.
7
Jan., *79.
8
Jan., ’79.
2
May, ’79.
Nov., ’77.
0
May, ’79.
0% Jan.,’79.
Jan., ’79.
Jan., ’79.
10
Jan., ’79.
12
Jan., ’79.
5
May, ’79.
•
O
.
7
14
8
3
11
8
.
e
5
....
8
M.&N.
J.& J.
•I. & J.
F.& A.
160,800 i. & j
210,(XX Q-F.
226.300 •J. & J
100;1,W,000
40
50
100
Union
VI est Side'....
”0
12
J.
A
J.
J.
.J.
•
5
0%
88.400 L & J.
58.300 T. & J.
78.200 j. & J.
20 1,000,000
1001
195,600
100 1,500,00 j
Tradesmen’s..
7
14
8
61.200
654 *00
r9,80<t
70.200
422,700
100
100
100
100
100
•
78,100
750,000
700,000
240,000
300,000
100,
& J.
& J.
& -T.
J. & J.
Jan.,- ’79
May, ’79.
Apl, ’79.
Feb., ’74.
May, ’79.
May, ’77.
Nov., *78.
7
.
”3
121
79. 4
ApL,‘ ’79!
0
10
7
927.900 J. & J.
76.300 M.&N.
93.900 M.&N.
202.700 M &N.
604,70*5 J. & J.
219.100 J. & J.
3*, 100 I. & J.
745.400 J. & J.
..
12
0
0
7
#
5
e
6
'
1620
jwy. 79.3%
Feb , ’79. 5
July, ’79. 3%
July, ’70. 3
225
jau., >79. 3
3%
l8*
j.
.
Ju'y.
.
4
io
M.&N.
J. &
F.&
J. &
J. &
&
*ay, ’79.
*
12
95
116
•^uly. ’79. 3
io
0%
May.
May.
&
0
‘
Q-J.'
’79. 3
79.15
.
May,
10
8
10
& j.
M.&N.
A.& O.
R\& A.
J.
J.
J.
J.
'an
0
100
X
Prick.
Dividends.
Surplus,
Comp an iks.
109%
1
...
*
•
6%
.;.& j.
F.&A.
J. & J.
J. & J
T. & J.
July.
7
•
129
3%'
3-
5
’7^ #
’79. 3
’79. 3%
Jan.,
....
*
3,178,400 Rl-m’ly
.
..
16
8
8
J.
July. *79.
May, ’79.
J°ly. ’79.
8
0
11
16
J2*
9
ICO
Island City*...
Leather Manuf.
Manhattan*
Mantif. & Mer.*
Marine.........
Market
Mechanics’
25 2,000,1 ‘'
Mech. Assoc’n. 5ff
500,i.
Mech’ics & Tr. 25
300,000
Mercantile
100 1,000,000
Merchants’.
BO 2,600,000
Merchants’ Ex. bo i,ooovr
Metropolis*.
Metropolitan
Murray Hill*
.!.*&
155.700
158,6*0
1,405.000
2.531,200
103.200
813.700
61,100
7,000
39,1/0
165,100
lOtH 500,000 1.330.100
100 3,*00,000
365,500
SO
600,000 411.400
50 1,000,000
646.400
100
42,*00
750,000
100
55.400
200,000
55.000
100
200,000
25
20,800
200,000
25
ICO,000
40
15.200
300,000
177.400
100 1,000,000
100 1,500,000 1,786,200
50
500,000 110,2 10
5,800
fO
100,000
'•23,9jvj
100
600,000
50 2,050,000 1,017,500
i.ooo
20
100,000
78.900
100
400,000
100
500,000 268.500
...
L
Par. Amount
Am.
City.
Last Paid.
1878.
America*
Chatham
Chemical
Citizens’
Bid.
Improvement stock.,... 1869
do
co
....1869
Consolidated bonds
Street imp. stock
var
do
do
New Consolidated
var
var
Westchester County...
...
5
5
0
6
7
0
5
6
7
6
7
0
7
0*
7
6 £»
7
Months
Bonds
due.
Payable.
Feb., May Aog.& Nov.
do
do
do
do
do
do
May & November.
do
do
do
May & November.
May & November.
do
do
do
do
do
-
do
do
do
do
do
January & July.
do
100
104
1883-1390 104
1884-1911 106
Feb., May, Aug.& Nov.
do
1880
1890
Bid.
do
1884-1900 110
1907-1911 1C9
108
1898
TOO
1895
121
1901
107
1898
1894-1897 118
107
1889
1879-1890 102
113
1901
1888
102%
1879-1882- 102
113
1896
118
1894
Ask
101
105
107
109
121
110
109
10-7
122
109
119
10$
110
115
105
105
115
119
[Quotations by N. T. Bbbrb, Jr., Broker. 1 New st.]
Brooklyn—Local impr’em’t
City bonds
do
P;.rk bonds
Water loan bonds
..
Bridge bonds....
Water loan
City bon as...
Kings Co. bonds
do
do
Park bonds
7
7
7
7
7
6
6
7
0
do
do
do
do
ao
do
io
Jo
do
do
do
do
1881-18951102
1915-1924 125
May & November.
do
do
do
1900-1924,122
1904-1912|121
1899-1905(112
1881-1895; 104
1830-18*3; 1U3
1880-1885; 101
1924
January & July.
Brldgw..
•All
1879-188o! 101
Jaluary & July,
,114
1907-1910 113
do
103
111
128
127
127
114%
JG9
108
107
117
117
Frookly.i bonds ffat.
[Quotations by C. Zabrisklr, 41 Montgomery St., jersey
Jersey City—
Watei loan, long
do
Sewerage bonds
1869-71
1866-69.
Assessment bonds... 1870-71.
Improvement bondB
Bergen bonds
1868-69.
6
7
7
7
7
7
City.]
971895
1899 1902 102
do
do
1 1878-1879 93
Jam, May, Jnlv & Nov. 1878-1879 98
98
189.-94
J. & J. and J & D.
98
1900
January and Jni^
January & July.
January & Juiy.
.
100
103
100
U0
100
100
623
CHRONICLE!
THE
21, 1879. J
Jure
Assets, county bonds, bills receivable,
Trustees, in trust for bondholders
■|mrcstmcnts
$75,470
157,000
&c
114,734
4,000
83,300
128,275$562,78*
Permanent improvements and equipment
Charles Merriam, Agent L. L. & G
.
AND
Supplies and receivables
Cash balance
CORPORATION FINANCES.
STATE, CITY AND
in that
the receiver was directed to spend the?
By order of the Court,
Saturday
subscribers of the
sold at the
printed to supply regular
subscribers. One number of the Supplement, however, is bound
up with The Financial Review (Annual), and can be purchased
The Investors’ Supplement is published on the last
of each month, and furnished to all regular
Chronicle.
No single copies of the Supplement are
office, as only a sufficient number is
money on hand
The expenses so
ments have been
shape.
to put the
$92,233.
Paducah &
The annual
road-bed in first-class condition^
incurred and charged to permanent improve¬
Elizabethtown Railroad.
(For the year ending Jan. 31,
report has the following :
OPERATING EXPENSES.
EARNINGS.
Central Pacific.
December 31, 1878.)
The following figures have been obtained from an abstract
this company’s operations in the year 1878 :
(For the year ending
Miles run by passenger trains
Miles run by freight trains
Miles run by service and switching
Total miles run by
mile
of
392,949,592
$5,284,913
$0,284,
Earnings from passengers
Earnings from freight
.
Earnings from mail and express
Earnings from other sources
10,802,276
674,595
769,073
of way,
Expenses, maintenance
portation
Taxes and miscellaneous
Total expenses
Netearnings
Payments from net earnings:
Rentals of leased lines
Interest
—
[Last dividend (4 per cent)
paid
in
debt
Funded
paid October 1,1877.1
standing
bonds
Bills payable^
Current accounts
Profit and loss
Trustees of land grant
mortgage
Hospital fund
appurtenances
$134,650,527
7,956,113
Cost of rolling stock..
Real estate and bldgs
Stocks and b’ds owned
2,483,041
27,855,630 Tools, machinery, &c.
843,878
56,394,000
161,690
Materials and fuel on
4,144,998
Current accounts
Cash on hand
1,667,939
1,237,523
3,623,297
1,508,599
Sinking funds
3,296,259
hand
Bills receivable
2,699,784
12,339,278
290,577
73,894
644,840
River steamers
$158,073,712
Total
$158,073,712
Total
$273,734
$45,SOT
earniugs
Per cent of
Net
of road
For right of way
For freight cars purchased
For two locomotives
206
26,305..
from Kentucky Car Company
8.50CL
$36,78*
Total
The
were
35,974
fiscal
Cost of railroad and
$54,275,500
out¬
United States subsidy
91,426i
24,5
3,954,779
GENERAL BALANCE.
Stock (common)
110,133.
Total
$319,541
•
cars formerly leased from the Kentucky Car Company*
purchased, consisting of 24 box cars, 1 caboose car and 10(>.
rolling stock and trans¬
eight-wheeled gondola cars.
$7,546,293
The Directors’ report states that—
1,239,824
It will he seen that the net revenue for the year was
$45,SOT
And that the charges were as under:
$8,786,118
*
$7,541
8,744,739 Taxes paid
Interest and sinking fund on first mortgage bonds
26,54ft
Cost of new sidings and machinery
1,679
$2,485,058 Right of way claims paid
206
$17,530,858
Total earnings
6,067
4,774
$36,159:
11,425
For freight transportation
For passenger transports
For maintenance of way
and structures
For mot. power and cars.
For general expenses
operating expenses to earnings, 85 66-100; length
operated, 185 7-10 miles; earnings per mile of road, $1,720; operating expenses per mile; of road, $1,474; net earnings?,
per mile of road, $246.
The following amounts were expended during the year for.6,852,170
additions
to the property :
6,978,188
$425178,773,325 For new side-tracks
1,254
:
1,787,642 For machinery in Elizabethtown shops
trains
Number of passengers carried
Number of passengers carried one
Tons of freight carried
Tone of freight carried one mile
12,201
Total
2,058,559
3,469,885
1,323,726
:
trains
$219,178
77,320
From freight
From passengers
From mails
From express
From miscellaneous
REPORTS.
ANNUAL
1879.),
Leaving a balance from the second
year
To which is to be added the balance brought
first fiscal year, as stated in the circular
and corrected by subsequent deductions to
$9,833^
212.-'
Making a total available for dividend on income bonds of... $10,07’5>
On December 28 last, the directors declared a dividend uporsthe income bonds of the company out of the earnings of the?
first fiscal year at the rate of $24 .50 per $1,000 bond, and on the
1st of Apm last they declared and paid a further dividend of
$8 80 per $1,000 bond from the earnings of the second fiscal
year. These dividends leave a balance to carry forward to*
the third fiscal year of $33 07, subject, however, to reductions
by the expenses incurred in payment of the dividend.
’
Lawrence & Galveston.
(For the year 1878.)
of
forward from the
of Dec. 28, at $274,
Leavenworth
freight movement.
in the year, 223,882 ; earnings^
earnings
for each ton carried*
A brief abstract of this company’s report (operated in 1878 by
$0*97 9-10 ; miles run by freight trains, 226,312 ; average earn¬
a receiver) was published some time since in the Chronicle.
ings for each freight train mile run, $0*96 8-10 ; average num¬
The following statement contains additional particulars :
ber of tons carried each month, 18,657 ; average annual tonnage
The traffic was as follows :
1878.
:
Passenger mileage.
Tonnage miles
The
2,758,525
8,688,406
earnings were as follows :
......$439,604
$410,336
43,209
40,801
$324,548
$306,771
$115,055
$103,564
54,919
281,339
Taxes
Total
Netearnings
By direction of the Conrfc, earnings of the three
separately, and the aivision between
238,155
58,465
265,970
Net earn.
$343,343
$92,989
$439,604
$115,056
79,525
16,736
City & 8. F
Southern Kansas
Total
Audited vouchers
‘
Balance to debit Receiver on L. L. & G
Unpaid taxes for 1878, not due till June,
Profit and lofts..
Total.
1879
BY THE COMPANY.
:
$1,426,500'
1,426,5 OO
1,141,200
capital, Feb. 1, 1879....
$4,281,194
Preferred shares
Second mortgage income bonds
First mortgage 8 per cent bonds
Total outstanding
ABSTRACT OF
286,994.
LEDGER BALANCES.
Cost of railroad and property
Additional construction.
$4,242,738'
1,679^
34,895
Additional equipment
Right of way
Taxes, 1878
First mortgage
First mortgage
20ft*
7,544
21,546:
5,000
80,280*
interest
sinking fund.
Various balances
$4,393,888'
Net revenue first fiscal year
Net revenuesecoud fiscal year
45,SOT
1*426,5<K>
1 »42b,50tt
286,994;
1,141,20<V
Capital stock, common
Capital stock, preferred
17,929 1 First mortgage bonds
4,138 ' 8eoond
mortgage bonds
Department reports that the land grant is in all
242,349 acres, of which 165,074 acres have been sold, 22,647
Total receipts on land contracts have been
acres in 1878.
$382,865, of which $45,476 was received in 1878. The amount
outstanding on land contracts December 31 was $238,536. The
expenses of the Land Department last year were $16,495 ; total
expenses to December 31, 1878, were 353,464, showing net re¬
ceipts of $29,401 from land.
The receiver’s balance sheet is as follows, condensed :
The Land
CAPITAL ISSUED
lines have
them is as
Gross earn.
Leavenworth Lawrence & Galveston
Kansas
Common shares
$113,716
Expenses
also been kept
follows :
7,254,055
$123 761
260,923
-
Total
per
1877.
Other
mile of road, 1,205 61-100.
1877.
2,464,636
1878.
Passenger
Freight
Number of tons freight carried
from freight, $219,178 ; average
Liabilities—
$14,180
Audited vouchers
Over-charge vouchers
Payrolls
Bills payable
First mortgage
First mortgage
interest of Feb. 1,1879
sinking fimd
2,820
17,186
o,000—
«
66,644
$1,393,88$.
GENERAL
INVESTMENT NEWS.
$2,655
Atchison Topeka & Santa Fe—Denver & Rio Grande.—Tho
32,651*
24,242 litigation between these companies has been so mixed up that
503,231 it has been impossible from week to week to ascertain thtt$562,781 precise situation of affairs. On June 12 the
United States
624
THE CHRONICLE.
Uircuit Court decided that the Atchison
Company had a right
to operate leased lines in Colorado, and that the case was
a controversy between the two companies, and that the
State had no standing in court. On June 14 a new
complica¬
tion arose, as Judge Bowen, of the Colorado Court,
appointed
H. A. Risley receiver for the Denver & Rio Grande
purely
road, on
application of some holders of unpaid coupon certificates, ap¬
proved by the trustees under the mortgage. The case was
before the United States Circuit Court
again. June 16, on
application for an order restorin f the road to the lessee,
but
no
decision was given.
June
18
the
fol< )n
lowing telegram from Denver gave the latest news:
The railroaa war is
unchanged. The Denver & Rio Grande
holds and uses the road, which is
heavily guarded, especially
south of Pueblo. The petition of the Atchison
Topeka &
Santa Fe road for a writ of restitution was
argued before Dis¬
trict Judge Hallett yesterday, Justice Miller
sitting also. By
consent of
“
c
both sides it
sion will
was
taken under advisement.
A deci¬
probably be announced speedily.”
Mississippi & Ohio—In the argument of the fore¬
closure suit respecting this road, an
interesting question arose
as to the priority of lien obtained
by certain certificates issued
for old preferred stock of the
Virginia & Tennessee Railroad.
Judge Hughes delivered the opinion, in which, we understand,
Chief Justice
Atlantic
Waite concurred.
The facts recited are that
in 1854 the Virginia & Tennessee Railroad authorized the
issue
of preferred stock, the interest on which
(not dividend) was
agreed to be a lien or liability of the company next to its second
mortgage bonds, and to take precedence of all subsequent in¬
debtedness. No mortgage or deed was
given, but the income
mortgage issued in 1855 recognized the prior lien of the interest
on said preferred stock.
Also, Mr. John Collinson named this
interest as a charge prior to the mortgage in his
prospectus
issued for the sale of the Atlan. Miss. & Ohio
bonds.
mortgage
Certificates were afterward given in
exchange
for
some of the
interest
coupons
of the said preferred stock.
The Court holds
:
1. That the mode of issue of the
preferred stock created a
lien in equity as between the
parties thereto. 2. That the
holders of A. M. & Ohio bonds,
by the notice to Collinson and
the trustees of the Atlantic
[Vol. xxvnL
Chicago line, and that it is covered by the mortgage of that road
and built from
the proceeds of the bonds issued under that
The guaranteed stock is to provide for the equip¬
of the road, and it is now
being issued for that purpose.
mortgage.
ment
Chicago Milwaukee & St. Paul.—A Milwaukee dispatch,
dated June 14, to the St. Paul Press
says:
“
President Mitchell and the directors of the St. Paul Railroad
have returned from their tour of
inspection. Mr. Mitchell says
satisfactory progress is making on the extensions on the Iowa and
Dakota divisions. The latter will soon be
completed from
Montevideo to Big Stone Lake, the charter
limit, forty-five
miles. The former is graded sixty miles west from Patersonville, while the line has been located to the James River. The
iron is laid fifteen miles west of
Patersonville, and is going
down at the rate of a mile and a half
per day. He pronounces
the
portion of this road already built the best piece of new
ever saw, and it passes
through a superior country.”
road he
Cincinnati Hamilton & Dayton.—At the recent
meeting of
a vote was taken upon the resolution
approving
and confirming the proposed contract with the holders
of the
Cincinnati Hamilton & Indianapolis Railroad
bonds, the sub¬
stance of which ha3 been published in the Chronicle.
The
stockholders,
following
was
the result:
nays, 264.
13,946 shares voted; yeas, 13,682;
Cincinnati Southern Railway.—The Cincinnati Gazette
reports that the trustees opened the bids for the purchase of
the second million of the recent issue of
$2,000,000 of Cincinnati
city bonds. Under the terms of the invitation, the bidders had
a choice of three kinds of bonds—one
at 5 per cent interest,
running forty years, one at 6 per cent for thirty years, and one
at 7 per cent for twenty years. Three bids were
received, as
follows: Third National Bank and associat
s, 7 per cent bond at
$102 76 premium and accrued interest to date of
delivery.
Espy, Heidelbach & Co., in behalf of a syndicate of bankers, for
a 6-30 bond,
par and 0*52 per cent and interest. Charles A.
Sweet & Co., and George William Ballou &
Co., of Boston, for
a similar bond, $101 68 and interest.
This bid, being the best,
was accepted, and the contract awarded
accordingly. The first
half of the purchase is deliverable on
August 1, i879, and the
second, four months later, the purchaser having the right to
anticipate the second installment. Sweet & Co. bought the
Mississippi and Ohio mortgage,
by the recital in the income mortgage ;
by the prospectus of Collinson ; and by the 14th section of the
act of incorporation of Atlantic
Mississippi & Ohio Company first million.
providing for classification of debts, &c. Hence the interest
Dayton & Southeastern.—The receiver’s report for the
was a lien, and the certificates are
also a lien prior to Atlantic
Mississippi & Ohio mortgage, because not taken in payment of period from August 9, 1878, to April 30, 1879, is as follows:
the then existing lien, but
to April 1
$62,456
simply in exchange, and a mortgage Earnings
Earnings for April
is not paid by taking a certificate for it
8,268
unless it is expressly
stipulated that it is taken in payment.
Total
had notice of the lien
;
$70,714
Expenses
$46,220
Boston & Lowell.—The Boston Advertiser
reports that stock¬ Betterments
12,473
holders in the Boston & Lowell Railroad met
this week in
58,693
Boston and voted to accept the act
passed at the last legislative
Balance, May 1
$12,021
session, authorizing the Boston & Lowell Railroad
Corporation
Elizabeth (N. J.) City Debt.—A special committee of the
to purchase the Lowell & Lawrence
Railroad and the Salem & Council
of Elizabeth, N. J., held a conference with a
Lowell Railroad, and to amend its charter. It
was also voted
large
number of the prominent residents of that
to purchase the Lowell & Lawrence Railroad
city for the dis¬
and the Salem &
cussion
of
a
Lowell Railroad with all their
franchises, the first for the sum Some were forproposition for meeting the city’s indebtedness.
of $60,830, and the second for the sum of
scaling the interest on bonds and paying the
$263,000, and to principal in full;
others wanted the principal scaled and the
assume all the
existing indebtedness and liabilities of the roads interest
paid
while many were in favor of scaling both.
so purchased.
in
full,
Another vote passed was that the board of
The meeting was called to order by
directors be authorized to issue bonds of the
Mayor Townley. Ex-Mayor
Boston & Lowel. Green was chosen
Railroad Corporation to an amount not
chairman, and Dr. L. W. Oakley, secretary.
for
exceeding $620,000
The proposition of A. F. Dawson, chairman of the
not more than twenty years, with interest at a
special com¬
rate not exceed¬
mittee
of the Council, was submitted.
ing six per cent per year, and to be sold at not less than
Taking
the
indebted¬
par.
-
-
president explained the lately-declared dividend of one ness of the city at $6,000,000, it proposes to pay it at the end
by saying that there was left but a few hundrec of forty years by means of a sinking fund, which shall accrue
from an average tax rate of 2*87 per cent on a tax valuation
ollars over 2% per cent above all
expenses of the six months, on real estate
and 1% per cent of that was devoted to
increasing from $11,000,000 in 1880 to $22,500,improvements in the
Mystic wharves, the widening of the freight bridge, and the 000 in 1919, This is to be done by scaling the interest to 1 per
opening of the ledge at Lowell, in order to avoid any increase cent a year for the first three years, 2 per cent for the next
four, 3 per cent for the next four, 4 per cent for the next four,
in the construction account, thus
leaving a dividend of one per and 5 per
cent from that time onward. In the meantime the
cent.
appropriation for city expenses is to remain unchanged at
Burlington & Missouri River in Nebraska.—This company $180,000. After much discussion the
meeting adjourned to
proposes to extend the Republican Valley Railroad, now leasee
June 20 without taking definite action.
to it, and also to build two new lines of
road, the whole dis¬
tance being some 209 miles.
Indianapolis Decatur & Springfield.—Work on the East¬
By the terms of a perpetual lease
to the Burlington & Missouri River
Railroaa Company in ern division of this railway between Guion and Indianapolis is
Nebraska, that company agrees to pay, as rent of the aforesaic progressing rapidly, and it is expected that the road will be
lines, interest on the bonds, amounting in all to $2,504,000, anc completed by the first of October next. The business on the
to pay the same rate of dividend after
one nundred and one miles now in
operation has increased, and
January 1, 1885, on the its
stock as it may pay on its own stock, the
officers report that the road now earns at the rate of
$88,000
Burlington
&
Missouri
to secure the entire full-paid
capital stock and bonds to be net per annum, which is more than the interest on its present
issued for the purpose of making such extensions. To
do this, outstanding first mortgage bonds. When the road is completed,
$2,504,000 of first mortgage bonds and $1,565,000 of the full- fully equipped and ready for business, the annual interest ac¬
paid stock is offered to the stockholders of both roads on the count on its first mortgage bonds will be about $105,000, the
issue being limited to $1,500,000.
following terms :
The
er
cent
.
Tlie holders of sixty shares in either or both of the
above corporations
will, upon payment of $1,600, be entitled to receive a $1,000 bond
upon
one of the lines of the Eastern
division, either between Red Cloud and
Beatrice or between York and Aurora, convertible
into Burlington &
Missouri in Nebraska 6 per cent consolidated
bonds, and a $600 bond
the
west
upon
division
of Republican City above noted, and ten
shares
or Republican Valley full-paid
capital stock. The holder of thirty-six
shares as above will, upon payment of
$960, be entitled to receive a
$600 bond of Eastern division and $360 in scrip, convertible into bonds
of Western division, and six shares Republican
Valley stock. The option
to take the rights will remain open until July 15.
Jersey City & Albany.—The Jersey City & Albany Railwa;
Company has given to the Union Trust Company of New Yor
a mortgage on its
property for $5,000,000, to be used in con¬
structing, completing, equipping and repairing the entire length
of the road. The Trust Company is to act as trustee and to
issue bonds therefor in sums of $1,000, due in 1908,
payable in
gold and drawing 7 per cent interest.
Kansas City Fort Scott & Gulf.—The
Missouri Railroad was sold June 18 at
Springfield & Western
Chicago & Alton.—Respecting the statement recently publish¬
Springfield, Mo., to the
ed to the effect that this company contemplated the
Kansas City Fort Scott & Gulf Railroad.
organization
of the Glasgow Bridge
Company, and the issue of $1,000,000
Kansas Pacific.—In the suit of John A. Stewart
against the
bonds to be secured on the bridge, Messrs. J
Kansas
Pacific Railway Company, in the United States Circuit
esup, Paton & Co.
state that the bridge is a part of the Kansas'
City St. Louis & Court at Leavenworth, Kan., a compromise decree was signed
June 21
THE
1879. J
June 4, by Judge Foster, by which S. T. Smith, receiver of the
company, is discharged, and the Kansas Pacific is put in posses¬
sion of its property. The sales of land made by this company,
IJItc Commercial gimes.
during the month of May amount to 22,342 acres, at an
average price of $4 77 per acre.
Louisiana State Bonds.—In the convention at New Orleans
June 18 the whole matter of the State indebtedness was
re-committed to a special committee of eighteen, which has full
power
to reconsider the whole subject.
New Castle & Franklin.—This road is to be sold in fore¬
closure. It extends thirty-six miles from New Castle, Pa., to
Stoneton on the Jamestown & Franklin Branch of the Lake
Shore road. It is reported that the property will be bought in
the interest of the Pittsburg & Lake Erie Railroad. The
bonded debt is $800,000. The road is advertised to be sold
September 10th next.
New Hampshire State Bonds.—State bonds bearing 5 per
cent interest and maturing in ten, eleven and twelve years, to
the amount of $300,000, were taken by Daniel A. Moran of New
York, at a premium of 9*568 per cent.
New Tfork & Oswego Midland.—At a meeting of the holders
of securities of the New York & Oswego Midland Railroad, a
committee was appointed to take charge of the interests of all
claims junior to the first mortgage, including the claims of the
stockholders. The committee consists of Henry Whelen and
William H. Dayton, of Philadelphia, W. S. Dunn and William
O. McDowell, of this citv. They were instructed to complete
the number by. adding a fifth member, a resident on the line of
road.
Paris & Danville.—This railroad
H. Ludlow & Co.,
was sold at auction by E.
and bought by Anthony J. Thomas, of this
city, for $300,000. The sale was made under a foreclosure of
mortgage, which secured bonds amounting to $2,500,000.
The road extends from Danville to Lawrenceville, Ill., a
distance of 103 miles. It has probably been bought in the in¬
the first
terest of the Cairo and Vincennes road.
Philadelphia & Reading—North Pennsylvania.—The lease
Pennsylvania Railroad and branches to the Phila¬
delphia & Reading Railroad, for 990 years, has been confirmed
by the stockholders of the first-named corporation. In sub¬
stance, the terms are that in the first and second years of the
lease the lessee shall pay to the lessor $673,344 annually, in
Quarterly payments, on the first days of August, November,
February, and May; during the third and fourth years, the
sum of $718,615 50, in similar payments, and during the fifth
and sixth years and each succeeding year, the sum of $763,887,
payable as the other sums, in quarterly payments, on the first
days of August, November, February and May. These sums
are thought sufficient to pay interest at the rate of six per cent
on outstanding bonds of the lessor amounting to $1,930,500;
interest at the rate of seven per cent on outstanding bonds
amounting to $1,500,000; interest at the rate of seven per cent
on outstanding bonds amounting to $2,559,500; interest at the
rate of six per cent on $17,000 of income bonds; all of which
bonds are secured by mortgages bearing different dates. The
lessee shall pay the lessor a dividend at the rate of six per cent
for the first two years, seven per cent during the third ana fourth
years, and eight per cent during the fifth and sixth and suc¬
ceeding years, on the capital stock and scrip of the company,
amounting to $4,527,150. The lease also provides that the
lessee shall pay to the lessor during the term of the lease
quarterly interest on the floating debt, which amounts to
$1,146,690 02, and also the sum of $12,000 annually for the
maintenance of the organization of the lessor.
Should the lessee make default in the payment of the rent,
or in any of the payments covenanted to be made, for a period
of sixty days after the same shall have become due and de¬
manded in writing by the lessor, then it may be lawful for the
of the North
lessor to declare the lease forfeited.
—The Philadelphia & Reading company, having decided to
extend their first mortgage loans, maturing July 1, 1880,
amounting to about $2,500,000, now offer to the present hold¬
ers of said loans, upon payment of ten pet* cent premium, the
privilege, until September 1, 1879, of extending the same for
thirty years from July 1, 1880, with interest at the rate of six
per cent per annum, payable semi-annually.
Portland & Rochester.—At Portland, Me., June 16, the pro¬
posals for the purchase of the city’s interest in the Portland &
Rochester Railroad were opened. The Boston & Maine Rail¬
road bid $126,000; William G. Davis, supposed to represent the
Maine Central, bid $155,000, with an offer to take seven per cent
bonds at twenty oer cent; George P. Wescott, supposed to
represent the seven per cent bondholders, bid $175,000, which
will probably be accepted.
St. Joseph & Western.—At the meeting of stockholders of the
St. Joseph & Western Railroad Company, the following were
elected directors : William Bond, J. J. Slocum, C. W. Osbdm,
Jay Gould, Alfred Mitchell, Russell Sage and Sidney Dillon, of
New York ; F. L. Ames, of Boston ; S. H. Clark, of Omaha;
A. M. Saxton, of St. Joseph ; E. N. Merrill, of Hiawatha, Kan.;
Edward Knowles, of Seneca, Kan.; and Frank Schmidt, of
Marysville, Kan.
Wilmington Columbia & Augusta.—A decree of foreclosure
and sale has been granted by the United States Circuit Court
and Major J. D. Devine appointed Commissioner to sell the
road.
625
CHRONICLE
(COMMERCIAL EPITOMR
Friday Night, June 20, 1879.
There is
nothing really new in business matters. The export
of breadstuffs continues active ; but in nearly all other branches
semi-annual accounts
closed, and affairs put in train for the opening of the
autumn trade. Values are, in some instances, unsettled by
strikes ; and a serious struggle seems to be pending at the cot¬
of trade it is “ between seasons,” when
are
cool for the sea¬
accounts from the North and West only “fair.”
has been a fair movement in provisions during the
ton mills at Fall River.
son,
and
The weather is quite
crop
There
past week; prices are firm, and generally occupy the positions
of a week ago. The western advices tend to maintain the
present basis. To-day, pork was quite active on the spot at
$10 30@$10 35 for new mess, $9 for extra prime, and $10 for
prime; for future delivery little was done; June quoted $10 10
@$10 25; July, $10 20@$10 25; August, $10 25@$10 35; Septem¬
ber, $10 30@$10 45 bid and asked. Lard was rather quiet, but
decidedly firm; prime city on the spot, 6*30c.; do. Western,
6*42^c; June contracts sold at 6*42^c.; July at 6*47^c.; and
August at-6*52^@6*55c.; refined for the continent quoted at
6*77/6c., with fair sales. Bacon continues firm, though quiet;
long clear, 5%c.; short do., 5*45@5*50c. Beef and beef hams
have been quiet, with the latter quoted at $17 25. Butter and
cheese weak, with a fair trade. Tallow unchanged.
Raw sugar has been quiet and somewhat nominal most of the
week, but closes active and firmer, the sales to-day alone
approximating 4,000 hhds., including Martinique at 6/£c., and
Cuba on the basis of 6 5-16@6/£c. for fair to good refining mus
covado.
Boxes.
Hhds.
Receipts since June 1,1879
StockJunel8, 1879
1...
Stock June 19,1878
23,780
1,397
649
100,748
83,954
68,386
26,620
12,086
692,521
144,866
'36,255
Sales since
Bags.
52,522
Mel ado.
3,267
3,377
2,672
791
sugars,
generally unchanged prices ; hard
8%@8%c., including crushed at 8/£@8%c. Molasses has been
in only a moderate jobbing demand for the grocery grades, and
for such prices have shown no material change; but boiling
stock, of which several thousand hogsheads have been sold, has
fallen to 24@24%c. for 50-test. Rice has sold but moderately
at weaker prices, though without marked change.
Rio coffee
has been sustained at 13/£c. for fair cargoes by the smallness
of the stock, but to-day the steamer Olbers arrived with 30,138
bags, thus increasing the supply here to 69,356 bags, and trade
is quiet, though up to to-day there was a fair demand ; mild
grades have been moderately active.
The tobacco market has been quiet, for Kentucky growth,
there still being an absence of export demand ; sales 650 hhds.,
of which 500 for home consumption and 150 for export. Prices
are unchanged.
Lugs are quoted at 3@5c., and leaf 5/£@13c.
Seed leaf shows a decided increase of activity, especially in
new crop Connecticut; sales for the week are 1,764 cases, as
follows : 1,000 cases, 1878 crop, Housatonic, on private terms ;
450 cases, 1877 crop, New England, 13@25c.; 89 cases, 1878
crop, New England, on private terms; and 225 cases „1877
crop, Pennsylvania, 8%@18c. The movement in Spanish to¬
bacco has been fairly active, and sales embrace 500 bales
Havana, 82%c.@$l 15.
Rosins have manifested little animation, and are more or less
nominal at $1 30@$1 35 for common to good strained. Spirits
turpentine, on the contrary, has been in good demand and firm
at 27c. for merchantable Southerns.
Petroleum has been active
at declining figures; refiners hold liberal stocks, and the creek
advices exert an unfavorable influence; refined, in bbls., closes
here at 6%c. Wool continues in good request, particularly the
medium grades, and all prices are firmly maintained. Metals
have latterly been quiet, but still generally steady.
Ingot
copper firm at 16/4@16^c. for Lake. Whiskey is steady at
$1 06/£@$l 07.
Ocean freight room has been freely taken; rates for berth
tonnage have shown some irregularity, but those for charter
Refined has sold at
,
A
particularly petroleum vessels, have been steadily re¬
Late engagements and charters include : Grain to Liv¬
erpool, by steam, 4/4d., 60 lbs.; provisions, 25@35s.; grain to
London, by steam, 5/£@5/£d., 60 lbs.; flour, by sail, Is. 9d.@
Is. 10/£d. ; grain to Hull, by steam, 5%d., 60 lbs.; flour to
Bristol, t>y steam, 2s ; grain to Glasgow, by steam, 572q.; do to
Cork for orders, 4s. 9d.@4s. 10/^d.; do. to Great Yarmouth, 4s.
9d.; do. to Belfast, 4s. l%d.; do. to Havre or Hamburg, 4s. 6d.
per qr.; do. to Oporto, 16c. per bushel; refined petroleum to Ant¬
werp or Bremen, 3s.; do. to Bremen, 2s. 10/£d.; do. to Ham¬
burg, 3s.; do. to Tralee, 3s. 10^d.; do. to the Baltic, 4s. 6d.@
room,
tained.
4s.
9d.; d/D. to Dantzic, 4s.
1626
THE
CHRONICLE
COTTON.
Friday, P. M.. June 20, 1879.
The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below.
For the week ending
this evening (June 20), the total receipts have reached 7,188
bales, against 6,612 bales last week, 11,089 bales the previous
week, and 17,118 bales three weeks since; making the total
receipts since the 1st of September, 1878, 4,414,610 bales, against
4,230,436 bales for the same period of 1877-8, showing an increase
•since September 1, 1878, of 184,174 bales.
The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:
(Receipts this w’k at
1879.
New Orleans
1878.
1876.
1877.
1,191
1,777
1,855
4,667
Mobile
171
657
609
575
Charleston
253
217
208
445
Port Royal, &c
Savannah
4
82
110
301
703
2,372
1,131
1,775
1,257
Galveston
1,472
Indianola, &c
Tennessee, &c
21
12
2,811
1,689
1875.
1,599
152
'
448
....
1,044
1,638
818
.
there was a reduction of 1-I6c., attended with the sile of 2,000
bales for export.
On Monday quotations were reduced £c., but
the market was even weaker than this re iuction exhibited, and
Tuesday there was a further decline of l-10c., and on
Wednesday 3-16c., carrying middling uplands down 9-16c. from
the previous Friday.
Yesterday there was a recovery of 1-lGc.,
with a large business reported for home
consumption. To-day,
there was a further recovery of 1-iGc., to I2$c. for
middling
uplands, against 12 13-lGc. last Friday, with 2,000 bales taken
for Russia, and a fair business for home
consumption. The
speculation in iutures has shown renewed excitement, with
prices subje.t to wide and frequent fluctuations. On Saturday
the Bureau report was made public.
It was regarded as less
on
favorable than the information from other sources had caused to
be anticipated ; and while this crop declined OdtdO hundredths,
the next crop advanced 7@ll hundredths.
But on Monday there
were
dull accounts from Liverpool anl Manchester, which
caused weakness, and later in the day the failures of
Farley &
Co. and B. R. Smith & Co having extensive
with
dealings
the
precipitating the market into a
momentary panic, and causing a decline of 43(2)53 hundredths
,
South,
announced,
were
00 5.21
615
58
[Vol. XXVIII
this crop,
and 23(2)34 hundredths for the next crop, fo lowed on
Tuesday
by
a recovery of about half of this decline, to be wholly
Florida
3
29
11
lost on Wednesday, except for Sept., which maintained an
North Carolina
107
o 3
58
151
209
advance of ten points over Monday’s decl’ne. The adverse views
Norfolk
434
517
1,050
1,4*28
1,002 of the Bureau report were somewhat modified
by crop reports
12
999
60
121
City Point, &c
108
received during the week, especially the advices that needed
rains had fallen in Texas.
Total this week
Yesterday B R. Smith & Co. re¬
10,721
7,18S
8,526
10,493
9,70S
sumed, having settled in full, and Liverpool accounts were
Total since Sept. 1. 4,414,010 4,230,436 3,932,137 4,017,550 3,451,826
stronger towards the close, causing a decided revival of con¬
The exports for the week ending this evening reach a total of fidence anl an advance of 9^13 hundredths, the early months
15,153 bales, of which 15,153 were to Great Britain, none to improving most. To-day, there was a further considerable ad¬
vance for this crop, but the next was
only slightly dearer.
France, and none to rest of the Continent, while the stocks as
The total sales for forward delivery for the week are 883,600
made up this evening are now 207,192 bales.
Below are the
bales, including — free on board. For immediate delivery the
stocks and exports for the week, and also for the corresponding
total sales foot up this week 10,543 bales, including 4,400 for
week of last season:
export,
6,143 for consumption, — for speculation, and — in transit. Of
EXPORTED TO—
Week
STOCK.
Total
Same
the above, — bales were to arrive.
The following tables show
this
Week
'Ending
the official quotations and sales for each day of the
Conti¬
Great
past week:
Week.
1878.
1879.
1878.
-Juno 20. Britain. France. nent.
2,719
1,330
3,439
/
...
8,783
'Mobile..
Charl’t’u
’•Savan’h.
Galv’t’n-
N. York.
....
....
....
....
....
....
....
....
....
....
....
....
....
3,587
809
781
15,153
19,585 207,192 195,724
....
..
....
Tot. this
week..
15,153
UPLANDS.
June 14 to
June 20.
Sat.
Ordin’y.^ft
H^16
......
•
•
m'm
m m
The exports this week under the head of “ other ports” include, from Balti¬
more, 732 baleH to Liverpool; from Boston, 2,855 bales to Liverpool.
From the foregoing statement
with the corresponding week of
i in the
exports this week of 4,432
it will be seen that, compared
last season, there is a decrease
bales, while the stocks to-night
are 11,468 bales more than they were at this time a
year ago.
In addition to above exports, our telegrams
to-night also give
us the following amounts of cotton on
shipboard, not cleared, at
the ports named.
We add also similar figures for New York,
■which are prepared for our special use by Messrs.
Carey, Yale &
.Lambert, 60 Beaver street:
On
June 20, at—
Liver¬
pool.
*--
Other
Coast¬
Foreign
wise.
New Orleans..
2,500
Mobile
'Charleston
Savannah
-Galveston
New York
2,000
None.
None.
400
None.
800
2,000
None.
None.
Noue.
None.
None.
None.
None.
None.
None.
None.
None.
980
None.
5,700
2,000
980
Other ports
Total
following is
Ports.
Galv.*.
X. York
Florida
N. Car.
NorPk*
Other..
500
None.
2,127
3,024
None.
None.
1,000
*2,580
3,000
142,869
2,050
1877.
513,856
702,328
558,929
147,361
56,414
134,668
557,613
207,329
450,824
5S9,532
441,978
142,563
14,199
141,741
502,564
158,223
France.
!
19,888.
11,530
195,768
for foreign ports, the
Stook.
Other
Total.
Foreign
656,272 215,619 344,777 1216,668 39,190
57,954 35,583 29,677 123,214
2,874
150,410 57,140 176,143 383,693
1,080
205,032 23,646 232,677 461,355
2,919
223,518 59.478 6 4,010 347,006
3,256
234,177 12,403 24,856 271,436 151,593
135
1,967
13,756
15,858
339
44,472
2,050 18,589
65,111
713
189,727
5,098 195,533
5,728
496 18,298 232*719 18.610
213,925
1989,243 409,095 914,260 3312,598 225,579
i
_
1219,715 20S0.716 493.049 665,405
f
3239.170!217.352
*
Under the head of Charleston is included Port Royal, &c.: under the head of
Galveston is included Indianola. &c.; under the head of Norfolk is included City
-l*oint. &c.
Cotton on the spot has been more freely offered,
r^for the week a considerable decline in prices.. On
11%
11%
11%
11716
11*016
123i6
127i6
12916
Wed
Frt.
Wed
and there is
Saturday last
u**e 11%
11916
|
Fri,
Th.
Th.
11
11*16 101516 11
11516 11% 11%6 11*16 11%
11**16 11% 11*016 U**16 11%
H*516 12
12%6 11*516 12
12%6 12%
120i6 12%6 12%
Str.L’wMid 1218
123i6 12% 12% 125l6 12% 12% 12&16
12%
Middling... 12% 12%6 12%
12%
12710 12%
12716
Good Mid.. 129i« 12%
121116 12*%6 12% 1210iG 121116 12%
Str. G’d Mid 121016 12%
12l5i6 12151h 13
i3%6 121&16 13
Midd’g Fair 13%
139i6 13%
13%
13H1g 13% 13% I3i%6
Fair
14%
149l6 14% 14%
14%
14l%6 1404
14i%6
Strict Ord.
Good Ord..
Str. G’d Ord
Low Midd’g
lOpie 101516
HSlB 11%
11916 11%
1H016 11%
1U516 12
H516
H**16
11**16
12%b
.
STAINED.
$ ft. 11%
1178
11%
12716
Fri.
.
Th.
11%
Quiet, 0jG dee
400 3,504
Steady, %G adv..
095
Rasy, 1 iG adv— 2,000'
....
L
11*016
12*16
123i8
12%
12%
12101(5
13*16
13%
14%
Fri.
n*iG 11%
11716 11%
U**16 11%
11*016
H*5!^ 12
12*16
SALES.
FUTURES.
ConSpec- Tran¬
port. sump. ul’t’n sit. Total.
204
319
754
007
11*16
11716
11
SALES OF SPOT AND TRANSIT.
Nominal, % dec.
Quiet, %G decline
Fri.
11%
Ex¬
Steady, %G dec.. 2,000
-
.
•
•
•
200
200
400
400
800
200
10,543 883,600
2,200
•
....
....
....
....
*.
....
.
.
.
....
....
....
....
Deliv¬
eries.
2,204 135,000
319 104,900
754 225,000
007 138.900
3,904 120.900
2,095 98,900
•
....
Sales.
|
Total
For forward
12%
12016
MARKET AND
SPOT MARKET
CLOSED.
.
11016
H916
11%
11*516 1178
Middling...
Sat..
Mon
Tues.
Wed
Thurs
Mon Toes Wed
Sat.
Good Ordin ary
Strict Good Ordinary
rr
Low Middib s
659
EXPORTED SINCE SEPT. 1 TO^—
Great
Britain.
Th.
Ordin’y.$ft 101016 10%
.
.
This yr. 4407,422
Lastyr.
2,451
usual table showing the movement of
ports from Sept. 1 to June 13, the latest mail dates:
N.Orlne 1168,028 1361,887
Mobile. 360,896 410,201
Char’n*
24,750
our
RECEIPTS SINCE
8EPT. 1.
1878.
flav’li..
5,300
Mon. Taei
..
Stock.
None.
150
150
100
Included in this amount there are 800 bales at presses
destination of which we cannot learn.
cotton at all the
Total.
800
None.
*
The
Leaving
Mon Tues Sat.
11716 llSis
11*^16 11°16
12016 11*516
12716 12016
!29l6 125i6
i
Shipboard, not cleared—for
France.
Sat.
TEXAS.
.
11**16 11%
12%
120i6 12%
igjie
Low Midd’g 127 ib 12016 12%
12%
12%6 12%
8tr.L’wMia 125a
1238
12%
12516 12%
12%
127ie 12%
127*6
Middling... 12% 12%
12%
12%6 12%
12016 12% 12% 1291G
Good Mid
13iio 12*016 12%
130i6 121519 12%
13016 121516 12%
Str. G’d Mid
13*16 13
13'ig 13016 13%
13716 13016 13%
1?°16
13%
Midd’g Fail- 14
13i%6 14%
1370
131016 14%
13%
1310ig
15
Fair
14%
14i%6 15%
14%
141016 15%
14%
14101G
Wed
Sept. 1. 2004,396 409,095 914,260 3327,751 3258,755
11
11*16
Strict Ord.. 11**16 1TL« 11%
Good Ord.. 121ie 11*016 11%
Str. G’d Ord 12»16
12
'Tot.since
♦
NEW ORLEANS.
Mon Tues
5,092
3,587
....
....
38.914
2,627
3,024
....
....
....
29,944
2,451
2,743
3,937
10,054 145,449 124,213
5,888
2,041
760 17,000 18,000
....
2,783
....
•Other*..
8,771
....
2,783
Norfolk-
8,783
©©
0,143
delivery the sales have reached during the week
883,60) bales (all middling or on the basis of middling), and the
following is a statement of the sa^s and prices :
For June.
Bales.
Cts.
100
12*17
500 E.n. i9thl2*3l
200
1233
300
12-35
100
12-36
200
12 37
200 p.n. 17tl> 12 38
100
12 38
100 s.n. 19UU2-40
100
1240
400
12-42
600
12-45
100
..12-48
100....; ....12*49
300
12-50
300
12 52
100
12-53
400
...12 73
100
12-77
500
12-80
July.
1216
12-17
12 13
12 19
Cts.
1,700
12-20
Bales.
400
1,300
12-25
2,200
400
100
800
400
400
600
700
100
200
12-26
12-27
Ir23
li-29
12 30
12-31
12-32
1233
12-34
12 35
1,100
.12 36
1.600
12-37
600......... 12 39
1.600
12 40
900
12-42
!
Cts.
1,000.
200
2,100
500.
400
500
400
300
100
700
100
..
For
900.
August.
...
12-47
12-43 I
12-49 !
1250
1,700.,..
12-51
12 52
12-53
...12-60
100
1.600
3 100.
12,6i C.
3,MX).
2,300.
5.800.
8.000
400
700
100
500
4.000.,
3.600.
1.900.
36,400
12-46
400
....
.12-81
....12-82
....12*85
12-45
600
....12-75
12-76
...12 77
12-71
.
200
2,000
.
3.900.
1,100
12-43
12-44
..
...
2,700.
3.300.
2,200
3,100.
12-28
...12-20
12 30
12-31
.1232
12-33
12-34
12-;j5
12-30
....
......
...
2,990....
3 900.
700
Cts.
.12*41
Bales.
2.600.
2,800.,
1.200
7.000..
9,000.
1,400..
4,900
For
600
400
1 700
400
Bales.
..
....
.
....
...
..
..
.
..
..
12-37
18-33
12-39
5,400
4.800.
7.600.
7 200
0,400.
17,500.
7.700.
8.800.
13,100.
2,200
6,000.
3,200.
2.600.
1300
800
,
N. Orl’ns
.12*42
.12-43
.1244
.12-45
.12-46
12*47
.12-48
.12*49
12-50
.12-51
.12-52
.1253
.12-54
.12-55
.18*56
.12-57
12-53
.1259
.12-60
.1261
12-62
.1263
.12-64
,.12*65
.12*66
.12-67
.1 <*03
.12*09
0
4
.
4
0
1
001.7
00000060.83341..71.82
0
2
.
3
3
2
0001380..17260052.21..11
Bale*.
Cta.
80 »
OOO
700
800
...l54‘?0
12*71
12 74
12-73
1,000
5,808
12-74
1275
00 9132824..654
200
3)0
12-76
12-78
200
700
4 200
1.500
1,500
3.800
4.600
12-79
10*600
12'27
12 28
4,000..6,000
8,100
.
.
12-37
12-38
2,500
12-39
’.2'40
1241
11,400
12W7
5,800
12-88
12-89
8,100
12,700
8,900
12-38
9D0..
400
11-54
U-55
11-56
5,500
9,300
H-57
H-f8
11-59
3,100
11*61
tl 62
1.000*
1,100
1,600
2,600.
.
11-68
......1169
1,700
11-70
11-71
.
.
...
...
3,*00
500
1,500
1,000.
For September.
0.000
1200
1201
1 800,
3,000
1.300
6.400
14 300..
fc..
11,300
For October.
1
300
3°0.
.11-32 |
700.
12-05
1206
12 07
12-08
12*03
12 10
.1211
12 12
1211
300
800
30 J
100
800
500
....
...
...
..
...11-33 |
1134
11*33
11*36
2,700
l 200
600
900
6 0
12-14
12 15
i!T66..7..\.\\. u-391 1,100
1216
2.600.
11*42
11*43
..11-44
.1145
....11-40
....1147
....11*48
11*49
..
.
.
3,200
2,900
2,900
4,109
11*15
11*10
11*17
11*18
2!40'»..
9H)
11-21
1,600
1122
...
11*50
,
following exchange has been
*25 pd. to exeb.
11*02
11 03
1107
11*08
11*09
11*10
M*ll
11*12
11*13
11*14
11*17
11*18
11*19
100
500
700
*100
For
300
100.
800
7CC
500
500
100.
10/9
11-00
...11-05
1103
11 07
11 08
11-10
...
11*12
1,200
11*13
11-14
1115
11-19
11-20
1121
500
600
100
200
200
400.
100
Higher.
Panicky.
Irregular.
For
Day.
Closing.
Day.
Low. Bid. Ask High. Low.
12-80-12-73 1269 71 12*53-12-33
12-4012-31
12-86-12-70 12-70 72 12-60-12-20
1300-12-82 12-88 89 12-86-12-32
12-59 12-41 12*49 50 12-45-1200
11-79-11-52 11*73 — 11-63-11*39
11*32-11*17 11*26 28 11*20-11*02
11*20-11*10 11*18 20 11-09-11*00
11*21-11*13 11*21 23 11*12-11*08
High.
June.
“
.
s.n.
July.. *
August.
Bept’b’r
October
Nov’ber
Doc’ber
Jan’ry
.
-
—
—
—
For
Closing.
Day.
High. Low. Bid. Ask
12*17 19 12*45-12*3 5 12-35 38
Bid. Ask
—
12*20
12*35
12*00
11*39
11*03
10*94
10*96
21 12*50-12*37 12 40
36 12*67-12*53 12-53
— 12*35-12*16 12-25
40 11*62-11*50 11*53
04 11*20-11*11 11*12
96 11*13-11*01 11*04
98 11*07-11*05 11*05
12*2 0
Unsett ,lod.
Futures
Wednesday.
Thursday.
Friday.
Market.
Lower.
Higher.
Higher.
Closed.
For
Day.
For
Closing.
Day.
s.n.
—
.
—
—
For
Bid. Ask
Day.*
Closing.
High. Loio. Bid. Ask
12*49-12*48 12*45 46
—
—
—
—
Nov’her 11*16-10-94 11*01 02 11*18-11*00
Dec’ber 11*05-10.90 10*94 95 1109-10*97
Jan’ry. 11*00-10-99 10*97 99
Tr. ord.
Closed.
*
Steady.
Barely steady.
made
by cable and
are the figures
up
The Continental stocks
of last Saturday, but the totals for Great Britain ar.d the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (June 20), we add the item of
exports from the United States, including in it the exports oi
telegraph, is
as
follows.
Friday only:
1879.
606.000
42,000
Stook at Liverpool
Stock at London
Total Great Britain
stook
.
648,000
113 000
2.250
Stock at Havre
Stock at Marseilles.
42,000
Stock at Barcelona.
Stook at Hamburg.
Stock at Bremen.
Stock at Amsterdam.
Stock at Rotterdam.
Stook at Antwerp.
Stook at other oonti’ntal ports.
3,000
24,750
33,500
1.250
Total continental ports....
227,650
Total European
stocks....
187s.
1877.
x876.
337,000 1,030.000 1,028.000
12,500
45,750
51,000
849.500 1,075.750 1,079,000
182.750
223,250
223,250
8,000
10,000
6,500
90,250
52,000
50,000
17,000
15,000
7,000
47,750
62,500
12.250
6,500
70.250
58.500
11.500
52.500
63,000
15.500
18,750
26.250
7,750
16,000
442,000
466,250
471,250
875.650 1,291,500 1,542,000
1,550,250
400
7,500
6318d.
in detail in the following
ending June 21, *78.
Week ending June
20, ’79.
Week
Receipts Shipm’ts
Stock.
Receipts Shipm’ts Stock.
-
Nashville, Tenn..
509
2
26
11
89
351
23
13
2,032
113
3S3
308
142
552
141
397
1,855
924
2,881
6,688
143
8,142
1,201
136
284
973
2,358
17,467
2,403
5,167
15,307
47
37
49
146
159
211
25
62
190
446
433
84
60
....
597
6
Dallas, Texas....
Jefferson, Tex....
Shreveport, La
Vicksburg, Miss
Columbus, Miss..
Eufaula, Ala
Griffin, Ga
Atlanta, Ga
Rome, Ga
Charlotte, N. C...
St. Louis, Mo
Cincinnati, O
2,968
3,113
2,320
09
Memphis, Tenn..
775
292
242
139
96
92
Raima, Ala
196
925
1,289
1,713
751
77
117
169
123
362
115
10
248
10
496
51
282
567
451
59
52
123
108
“'5
243
196
28
607
330
387
3
176
272
12
29
10
210
399
100
632
7,203
1,885
352
684
1,353
2,385
2,744?
2,929
167,
4
9
66
398
412
35
635
616
340
328
Total, new p’rts
1,261
2,654
11,839
2,284
5,548
7,980
Total, all..
1,853
5,012
29,306
4,687
10,715
23,287
that the old interior stocks have
1,730 bales, and are to-night 2,160
period last year. The receipts at the
have been 1,806 bales less than the same week last-
towns
Receipts from the Plantations.—The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations.
Receipts at the out ports are sometimes misleading, as they are made up more largely one year
than another, at the expense of the interior stocks.
We reach,
therefore, a safer conclusion through a comparative statement
like the
following:
RECEIPTS FROM
7
Mar.
To 2 P. M.
The Visible Supply of Cotton, as
O^d.
6t»i6d.
statement:
ending—
12-5 0
Stead y-
.1,605,309 1,886,731 2.441,545 2,554,829
—
corresponding week of 1878—is set out
Week
12*35
26,000
figures indicate a decrease in the cotton in sight to-night
of 281,422 bales as compared with the same date of 1878, a dicrease of 836,236 bales as compared with the corresponding date
of 1877, and a decrease of 949,520 bales as compared with 1876.
At the Interior Ports the movement—that is the receipt!
aud shipments for the week, and stocks to-night, and for the
11*22-11-17 1115 17
11-13-1109 11-07 09
1114-11 12 1110 12
12-510
437,000
year.
12-36-12*20 12-31 32 12*49-12*45 12-45 46
12*34-12*16 12*20
July
12*65-12-57 12-57 58
August. 12*62-12-28 12*33 34 12*55-12*29
12-45-12-36 12-40
12*34-12*07
Bept’b’r 12*35-1200 12*10
11*62-11-57 11-57 58
October 11*61-11*29 11*39 40 11*58-11*39 1147
...
134,250
decreased during the week
bales more than at the same
Quiet, st eady.
Closing.
51.000
84,250
342,000
24,000
These
game
Bid. Ask High. IjOW.
High. Low.
June... 12*17-12*17 12-18 — 12-38-12*35
“
.
ro’ooo
45,750
562,650 492,500 869,000 1,073.250
1,042,659 1,394,231 1,572,54d 1,481,579
Total American.
The above totals show
124 0
12-7 5
Unset lied.
Tr. ord.
—
54
26
54
14
05
06
425,000
373,000
13,000
13,000
Total East India. &c
..
Closing.
305,141
40,438
2,000
169,000
62,000
-36,000
333,000
afloat-
Egypt, Brazil, &c.,
.
For
£2,000
37,6o0
Continental stocks
India afloat for Europe
Montgomery, Ala
Tuesday.
240,000
263,291
26,254
4,000
200
137,000
-
Augusta, Ga
Monday.
17,467
1,000
London stock
Total, old ports.
Saturday.
195,724
15,307
Brazil, etc.—
East Indian,
Columbus, Ga....
Macon, Ga
made during the week;
603,000
337,000
194,000
1,042,659 1,394,231 1,5/2,545 1,481,579
Liverpool stock
6,300
700 Sept, for Jane.
657,000
382,000
?o-’nnn
13d,000
loB.OOO
207,192
Total American
.11*23
week.
Market.
Continental stocks
American afloat for Europe..
Unitod States stock
United States interior stocks
United States exports to-day
Total visible supply
Price Mid. Upl., Liverpool
Jaiuary.
§an’nn2
,
£52*222
Liverpool stock
11*20
of prices paid for futures,
o’clock P. M., on each day in
Futures
follows:
American—
11*03
11*06
The following will show the range
and the closing bid and asked, at 3
the past
1,605,309 1,886,731 2,441,545 2,554,829
other descriptions are aa
totals of American and
Of the above, the
11 04
33,600
1119
11*20
1,700
.11-01
2,000
1,000
11'1§
11 13
1114
..
1,500.
1,800
3,000
11*03
11*04
11 05
2 200
....10-9?
10-99
...n-oo
2,300
nil
11-40* 4,80#
5 800
11*41
1100
10-91
1,200.....*
1,8 0
1106
1107
.11-08
.11-09
.11-10
50),
600.
600
400
500.
11-38
...
........
10-90
.10 93
...1' -94
700.
1.700
1102
1,700
11-37
1,500
1,000
12-17
401
10,400....
12 18
300.
14.600
12 19 t
2 200
12-20
...007.12
1
21
...001.12-22
3
11,300
5,31)0.
12 23
..90
8.12
1
16,400
24
4,300.
12-25
The
...
...12-57
....12-58
...12*50
10*95
10-93
10-97
10-98
io-9y
1100
11*01
380,400
12 02
12-03
12 04
3.900
.
.
10-94
100
300
200
100
300
...12-56
....
Egypt,Brazil,&c.,aflt for E’r’pe
Stock in United States ports ..
Stock in U. S. interior ports.. .
United States exports to-day..
Total visible supply
December.
1,500
11*66
-
249.200
F-->r
1....11 04
11 63
1,800
12-92
..
1132
Amer’n cotton afloat for Eur’pe
47V900
500
700
600
700
100
10/00
300
2,000
12-45
11-72
600.
12 46
2,500
11-73
2,000.
900
12 93
12-47
1,400
: ...1174
...004
12-48
1,400
1294
2/00
11-75
700
12-95 10,900. :
12-49 2,400....
11-78
800....
#0u
12-96 1 ,600
12-50
...11-79
£00....
.12-51
2,700..
12-97
.12-52
B,300
12-98
12-53 125,000
1,400....
12-9*
....12-51
2
100
900
13-00
For November.
....12-55
3,500.
12-90
1^-91
2/00
1,200
.11-63
200..
2,0' 0
300
12-42
12 43
12*44
400
Cta.
11-23
1124
1125
U-26
11 27
11-28
Bales.
100.
300
300
200
800
11-60
12 35
4 600
2,200
11-31
11 52
11-53
..
1,900
12-83
12-81
12-85
12-86
Cta.
5,000
4,600
12'29
....12-30
....12-31
.12-32
....12H3
...12-34
.
7,300
7,ICO.
4,100.
Bales.
....
9.900.
6,800...
12-80
12-82
1,700
Cta.
12 26
Bales.
25.500
11
14
41
21
«V
28
4
A pr.
44
11
44
18
44
25
2
May
44
9
44
10
44
23
44
30
0
June
44
13
44
20
PLANTATIONS.
Receipts at the Ports. Stock at Inter’r Ports Rec’ptsfrom Piant’ns
1877.
1878.
1879.
50,742
44,537
32,366
30,397
26,287
21,183
18,010
26,641
10,560
17,309
16,288
12,147
9,669
9,390
8,526
8,526
90,947
82,264
75,723
65,470
59,886
51,391
39,016
38,856
31,196
24,252
20,097
19,732
18,230
12,380
11,231
10,721
83,266
78,490
60,202
60,698
54,283
44,851
40,187
36,183
22,393
19,031
19,897
16,073
17,113
11,089
6,612
7,188
1877.
1878.
169,291
165,747
158,041
151,199
140,649
133,363
128,411
117,074
192,465
169,636
146,653
131,795
119,991
108,633
95.979
89,142
107,534 75,550
97,696
86,376
79,009
67,786
57,509
52,154
45.769
65,770
56,433
46,305
39,025
34,154
29,315
23.287
1879.
1877.
165,619 46,855
159,418 40,993
141,012 24,660
131,463 23,555
116,879 15,737
107,005 13,897
91.966 13,058
87,294 15,304
7,020
78,982
7,471
71,546
4,908
59,249
4,780
51,429
42,198
37,570
3,171
32,429
2,141
29,306
....
....
The above statement shows—
1 That the total receipts from
1878.
1879.
72,477
59,435
52,740
50,612
48,083
40,033
26,363
33,019
17,604
14,472
10,760
9,604
10,940
7,509
6,392
78,447
72,2891
42,399'
50,548
39,69*
34,977
25,14!
4,6931
81.511
13,95*
11,615
7,60*
8,853
7382
6,461
l,47t
4,065
.
the plantations since Sept. 1 in
4,438,264 bales; in 1877-8 were 4,237,241 bales; in
1878-9 were
1876-7 were 3,931,969 bales.
'
.
2. That although the receipts at the out ports the past week
were 7 188
bales, the actual movement from plantations waa
^
only 4 065 bales,
same
week
the balance being drawn from
stocks at the
the plantations for the
were 4,693 bales, and for 1877 they were 2,141 bales.
interior ports.
Last year the receipts from
>4
..i#
628
THE CHRONICLE.
Weather Reports
by
Telegraph.—The past week rain has
fallen in many parts of Texas, doing
very great good, but in the
coast belt of counties the
drought still continues without the
least relief, though our correspondent thinks that cotton has not
been harmed much yet.
Continued drought is also complained
of in Southern Arkansas and at some other
points. Over another
considerable section the nights are reported to have been
unusually cold. Take the whole cotton belt together, however,
the week has probably been fairly favorable.
Galveston, Texas.—There has been no rainfall in the coast belt
very
and in Western Texas
during the week, but they have had good
showers in Northern and Middle Texas, not
enough, however,
anywhere. Cotton needs rain, but is not particularly suffering,
although a great deal of corn has been ruined, and that crop will
probably be short. The suffering is dreadful in the coast dis¬
trict—even the foliage of orange and other trees is
withering and
curling. The thermometer has averaged 84, the highest being
91, and the lowest 73.
Indianola, Texas.—The weather during the week has been
warm and
dry. The drought is very severe, and cotton, though
not yet hurt, is not
growing. Corn seriously injured, and much
is past all redemption,
streams have all dried up, and cattle are
suffering. Average thermometer 85, highest 93, and lowest 77.
Corsicana, Texas.—Rain has fallen during the week on three
days, delightful showers, and apparently extending over a wide
area, but not enough, and we are needing more.
Cotton is flour¬
ishing and corn is doing tolerably well, much having been per¬
manently injured by the drought. The thermometer has ranged
from 68 to 99, averaging 84, and
the rainfall has reached one
inch and forty-six hundredths.
Dallas, Texas.— We have had rain on three days of the week,
good showers, but insufficient, the rainfall reaching one inch and
fifty hundredths. Cotton is doing well. Corn is hurt, but will
probably still make enough for home consumption. There has
been no rain west of Fort Worth, and all
crops are nearly des¬
paired of there. The thermometer has averaged 84, ranging
from 68 to 99.
Brenham, Texas.—There has been no rainfall during the week,
vegetation is burning up with drought. Cotton is suffering,
but not badly yet.
The corn crop is nearly ruined in most sec¬
tions. Average thermometer 86, highest 95, and lowest 82.
New Orleans, Louisiana.—There has been no rainfall at this
point the past week. The thermometer has averaged 83.
Shreveport, Louisiana.—Telegram not received.
Vicksburg, Mississippi.—Crops in this section are promising.
Weather
[VOL. XXVIII.
Comparative Port Receipts
and
Daily Crop Movement.-—
A
comparison of the port movement by weeks is not accurate,,
the weeks in different years do not end on the same
day of themonth.
We have consequently added to our other
standing
tables a daily and monthly statement, that the reader
may con¬
stantly have before him the data for seeing the exact relative
as
movement for the years
named. First we give the receipts at
day of the week ending to-night.
each port each
PORT RECEIPTS FROM
New
of
Or¬
we’k leans.
D’ys
Mo¬
SATURDAY, JUNE 14, ’79, TO FRIDAY, JUNE 20, ’79.-
Char¬ Savan¬ Galleston. nah. vest’n.
bile.
Nor¬
folk.
Wil-
All
mingr
others.
ton.
Sat..
224
100
92
42
38
13
512
Mon
144
47
35
74
58
43
4
257
Tues
50
25
71
349
576
240
6
456
....
Wed
568
2
12
22
388
75
Thur
10
15
12
160
114
20
Fri..
198
82
23
6
294
18
171
253
702
1,472
434
Tot..
1,194
The movement each month since
Year
Monthly
Receipts.
1878.
8ept’mb’r
October..
Novemb’r
779,237
Decemb’r
893,664
618,727
566,824
303,955
167,459
84,299
January
February.
.
March...
April..
..
May
31
....
54
Sept. 1 has been
1,021
662
1,773
1,186-
87
449-
1,476
2,097*
2,907
7,188
as
follows:
Beginning September 1.
1877.
288,848
689,264
119
....
Total.
1876.
1875.
1874.
98,491
578,533
822,493
236,868
675,260
901,392
740,116
900,119
787,769
821,177
689,610
472,054
340,525
500,680
449,686
182,937
100,194
68,939
637,067
479,801
197,965
96,314
169,077
610,316
300,128
163,593
92,600
1873.
134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
81,780
115,255
355,323
576,103
811,668-
702,168
482,688
332,70»
173,980
127,346-
Tot.My 31 4,392,277 4,196,104 3,903,725 4,013,875 3,400,862 3,677,240*
Perc’tage of tot. port
9655
receipts May 31..
96-67
95-77
97-25
96-66
and
favorable.
Columbus, Mississippi.—It has rained on two days the past
week, the rainfall reaching thirty-three hundredths of an inch.
The thermometer has averaged 86, the
highest point touched
having been 92 and the lowest 81. The weather has been too
cold.
Cotton is covered with lice.
Little Rock, Arkansas.—The weather
been dry and pleasant, the thermometer
ing from 61 to 93.
during the week has
averaging 77 and rang¬
Rain is needed very much in counties west
and south of here, and serious loss will result to that section if
it is not received in
few
days.
Nashville, Tennessee.—Rain has fallen on one day, the rainfall
reaching one inch and fifty-seven hundredths. The days have
been warm but the nights have been cold
during the week, the
thermometer averaging 75, and ranging from 58 to 93.
Memphis, Tennessee.—Telegram not received.
Mobile, Alabama.—It has been showery three days the past
week, the rainfall reaching seventy-seven hundredths of an inch.
Accounts from the interior are
conflicting, but, on the whole, are
less favorable ; too cool, too much rain, and too
dry, being the
complaints in different sections. We hear rumors of the appear¬
ance of caterpillars in several counties
of Alabama, but think
them of very little importance.
The thermometer has ranged
from 73 to 96, averaging 82.
Montgomery, Alabama.—Rain has fallen during the week on
'two days, to a depth of three hundredths of an inch.
The ther¬
mometer has averaged 83.
The crop is developing promisingly.
Selma, Alabama.—The weather during the week has been
Warm and dry.
Monticello, Florida.—Rain has fallen during the week on three
days. The thermometer has averaged 77, the extreme range
having been 71 to 83.
Macon, Georgia.—The days have been warm but the nights
have been cold during the week.
Crop accounts are less favor¬
able, owing to the cool nights. Rain has fallen on one day. The
crop is very backward, cotton just beginning to bloom.
Last
year there were plenty of blooms on the 25th of May. The
thermometer has ranged from 49 to 92.
Columbus, Georgia.—It has rained slightly on one day during
the week, the rainfall reaching ten
hundredths of an inch. The
thermometer has averaged 75.
Savannah, Georgia.—We have had rain on three days, the
rainfall reaching twenty-eight hundredths of an inch.
The rest
of the week has been pleasant, but it was
very cool yesterday
and last night.
rl he thermometer has averaged 82, the highest
being 96 and the lowest 61.
Augusta, Georgia.—The weather the past week has been unu¬
sually cool and dry. We have had light rains on lhree days, but
not enough to do much
good. Accounts are favorable, but rain
is needed.
Average thermometer 82. highest 89, and lowest 73.
a
The rainfall for the week is nine hundredths of an inch.
Cha/rleston, South Carolina. — It has rained here on two
the rainfall reaching one inch and
days,
sixty-four hundredths. Aver¬
age thermometer during the week 80, highest 92, and lowest 66.
This statement-shows that
up to May 31
ports this year were 196,173
bales more than at the same time in 1876.
the receipts at thp-
bales^nore than in 1877 and 488,552
By adding to
May 31 the daily receipts since that time,
above totals to
shall be able to reach
for the different
an
exact
we
comparison of the movement
years.
1878-79.
1877-78.
1876-77
1875-76.
1874-75.
1873-74.
Tot.My 31 4,392,277 4,196,104 3,903,725 4,013,875 3,400,862 3,677,240*
S.
2,269
1,351
1,962
2,784
3,090
“
2....
S.
2,002
1,254
2,084
2,861
2,62T
“
3....
2,044
8.
2,359
1,578
2,003
2,614
Junel....
“
4....
“
5....
“
-
1,886
1,044
1,557
6....
“
7....
“
8....
833
S.
“
9....
1,748
“
10....
954
“
11....
1,142
“
12....
875
13....
1,060
“
14....
1,021
“
15....
“
16....
662
“
17....
“
18....
1,773
1,186
“
19....
449
20....
2,097
“
41
Total
2,396
1,243
1,704
2,409
1,401
2,821
2,309
1,812
1,247
1,531
1,186
S.
8.
2,686
1,862
1,920
1,170
2,192
1,505
8.
8.
1,584
3,061
1,385
S.
3,028
2,241
3,107
1,209
2,921
8.
2,946
1,463
8.
1,543
640
724
1,121
1,186
719
1,075
1,837
1,375
8.
2,149
3,845
1,987
1,899
2,034
2,115
2,146
1,5S6
8.
2,279
1,360
1,581
1,210
2,562
1,570
2,714
1,110
1,925
1,312
1,528
784
8.
.
3,107
1,614
8.
2,978
2,674
2,442.
8.
4,161
1,352
2,201
1,491
1,892:
1,642
8.
3,571
1,684
2,351
1,701
2,64a
2,704
4,414,610 4,227,650 3,930,500 4,041,523 3,442,374 3,721,05S
Percentage of total
pt.rec’pts June 20.
97-28
97-33.
96-43
98-43
97-81
This statement shows that the
receipts since Sept. 1 up to
to-night are now 186,960 bales more than they were to the sameday of the month in 1878, and 484,410 bales more than they
were to the same day of the month in 1877.
We add to the last,
table the percentages of total port receipts which had been
received June 20 in each of the years
Reports
of
Crop
from
named.
Superintendents
Cotton Exchanges.—Rumors
were
of
Southern
circulated here
yesterday
damage by drought to the cotton crop. To test the
accuracy of these rumors, the following question was sent by
telegraph to the Superintendents of the Cotton Exchanges of'
Galveston, New Orleans, Mobile, Savannah and Memphis :
Question.—There are reports of serious damage to the cotton
crop by drought.
Please report the condition in your depart¬
of serious
ment.
The
following were the answers received :
Galveston, June 19.—The terrible drought has greatly damaged'
the corn crop.
Cotton is not seriously hurt yet, but will be unless,
it rains
days.
soon.
Some sections have had rains within the last few
Mills*
June
Mobile.—No serious
Mobile
Department.
dry in the uplands.
reported so far.
These
Memphis.—No complaints of damage
in our territory yet.
Gates.
•drought.
but cannot call it a
Have not heard of any serious damage to crop on
account of
weather.
1879 , 8000 9,000
1878 12,000 4,000
1877 7,000 9,000
1876 1,000 19,000
Bryan.
Acreage and Condition Report of Agricultural Bureau.
—The Agricultural Department at Washington issued last Sat¬
urday afternoon its report for the first of June as follows :
The returns to the Department of Agriculture indicate
increase in the area planted in cotton of somewhat over
2 per cent. The percentage, as compared with the average of
1878, is as follows : North Carolina, 47 counties reporting, 106 ;
South Carolina, 18 counties, 109; Georgia, 71 counties, 102;
Florida, 12 counties, 97 ; Alabama, 28 counties, 103 ; Mississippi,
•39 counties, 100 ; Louisiana, 18 counties, 98 ; Texas, 58 counties,
107; Arkansas, 40 counties, 101; Tennessee, 18 counties, 103.
The average condition is not so high as last year, being 96, j
while in 1878 it was 99.
The stand is generally good, but some I
^
an
two weeks late.
588,764
938,448
1,693,251
220,500
2,060,604
2,075,590
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
6
change.
per cent.
2
change.
cent.
3 per
No change.
2 per
Xiouisiana
1,285,250
Texas
1,559,844
7 per
Arkansas
1,121,670
725,200
1 per
Tennessee
No
3 per
cent.
No change.
3 per
494.000 22,000
219,000 275,000
292,000 356,000
332,000 380,000
490,000 303,000]
17,000
16,000
16,000
20,000
Since
Jan. 1.
707,000
792,000
959,000
954,000
648,000 31,000
712,000 15,000
793,000 20,000
foregoing it would appear that, compared with last
there has been an increase of 1,000 bales in the week’s ship¬
ments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 154,000 bales,
compared with the corresponding period of 1878.
From the
year,
Shipments.—Through arrange¬
Davies, Benachi & Co., of
Liverpool and Alexandria, we shall hereafter receive a weekly
The
cable of the movements of cotton at Alexandria, Egypt.
receipts and shipments the past week, and for the correspond¬
ing weeks of the previous three years, have been as follows :
Alexandria Receipts and
ments
we
have made with Messrs.
1876.
1877.
1878.
1879.
15,000
12,000
2,000
2,000
2,865,000
2,690,000
Since September 1... 1,660,000 2,583,000
Exports to Europe (bales)—
2,000
1,000
1,000
2,750
This week
247,750 401,000 430,500 462,000
Since September 1...
Acres,1879.
3
624,089
percent.
No
Total.
nent.
This week
Acreage,
Decrease.
Conti¬
Great
Total. Britain.
This
Week.
Receipts (cantars*)—
1879.
Increase.
Receipts.
Shipments since Jan. 1.
Alexandria, Egypt, June 19.
Applying these percentages of acreage to our own acreage
figures of last year, the result reached would be as below :
Agricultural Bureau Estimate for
Actual
1878.
brought down to Thursday, June 19.
are
Great Conti¬
Brit’n. nent.
Savannah.—Weather has been- dry,
States.
figures
Shipments this week
Bolling.
1st of January is as follows
Ths movement since the
bales.
Hester.
damage to cotton crop by drought in the
Weather too wet in the black lands and
New Orleans.—No damage
too
629
THE CHRONICLE.
21,1879.]
cent.
cent.
cent.
cent.
*
938,448
1,727,116
213,885
2,122,422
A cantar is 98
lbs.
This statement shows
been 2,000 cantars,
week have
that the receipts the past
and the shipments to all Europe
have been
2,750 bales.
2,075,590
1,259,545
1,669,033
1,132,886
746,956
Gunny Bags, Bagging, &c.—Bagging continues to meet with a
fair demand, and parcels are moving to a fair extent.
are not for large parcels, and we do not hear of any
round lots.
There have been sales during the week of about
The orders
inquiry for
the market ruling very steady,
according to quality. Butts have
do not near of any transactions
As to the condition of the crop, only the total average for all
except for present wants—in all some 500 bales of bagging
the States was received on Saturday, as given in the above
quality at 2^c.—and this is the figure quoted at the close, though
telegram ; but on Tuesday each State’s average was obtained inferior grades can be had down to 2fc.
from the Department, and the figures compare as follows with
The Exports of Cotton from New York this week show a
previous years.
decrease, as compared with last week, the total reaching 2,783
bales, against 4,481 bales last week. Below we give our usual
1876. 1875. 1874. 1873. 1872. 1871.
June Condition. 1879. 1878. 1877.
table showing the exports of cotton from New York, and their
90
96
85
89
92
101
direction, for each of the last four weeks; also the total exports
82
87
98
North Carolina..
92
92
and direction since Sept. 1, 1878, and in the last column the total
81
88
97
98
91
99
94
South Carolina..
TYktftl
_
.
_
103
91
80
94
96
92
82
94
90
102
95
101
90
94
101
82
93
105
83
98
91
92
100
78
92
100
84
95
98
98
89
95
70
94
104
90
94
104
91
90
96
90
86
100
93
100
98
94
95
90
90
92
98
83
94
97
94
93
99
85
90
101
90
101
Georgia
93
Florida
95
98
Alabama
96
Mississippi
99
Louisiana
Texas
Arkansas
Tennessee
s
1,500 rolls at unchanged figures,
12,509,970
12,269,121
89
with dealers quoting 91c@llc.,
not moved very freely, and we
for the
82
.
103
Exported to—
28.
4,767
Liverpool
June
4.
June
11.
2,122
3,852
'...
Total to Great Britain
2,122
4,767
Same
Total to
period
date.
previous
June
18.
|
3,852
year.
2,783
232.148 311.850
100
140
Bremen and Hanover
5,635
100
115
268
12,403
5,750
361
14,209
2,202
2,835
19,518
4,986
16,539
19,246
41,043
Hamburg
Other ports
361
140
Total to North. Europe
| 2,613
12,303
ports
Total French
4,812
2,783 236,960 314,472
268
100
Havre
Other French
gladly
call attention to a book published under this title by
C. F. Wilmans. Mr. Wilmans has for years been in the cotton
business, and brings to the work in question a large experience
acquired by a residence in and frequent visits to the cotton
centres of Europe.
These calculations are made out for
transactions between America and the three principal European
cotton markets, Liverpool, Havre and Bremen. They explain
in detail the relative position of prices of cotton in these mar¬
kets, converting cents into pence, francs and pfennige, with all
contingent charges and expenses added, ana vice versa. Pro
farma invoices and account sales in the English, French and
German languages are also added, accompanied by statements
of the principal rules and customs regulating the cotton trade
5,610
Spain, Op’rto, Gibralt’r, <fcc
2,398
All other
2,398
5,610
4,867! 2,262 4,481
Grand total
2,783 274,219 363,663
Receipts of Cotton at New
and Baltimore for the past week, and
The Following are the
Boston, Philadelphia
September 1, 1878 ;
foreign markets.
reports, giving quotations in Liverpool, Havre, &c., are
received now-a-days in every cotton market of importance in the
United States; and it is natural to suppose that cotton men, irre¬
spective of the fact whether they have directly anything to do
of these
Cable
New York.
Receipts
from—
N. Orl’an8
Texas....
exporting or not, desire to know how the prices at which they
buy and sell compare with those thus received and at which
cotton is sold on'the same day in Europe. This little book gives
this information in a simple and attractive way, and is therefore
useful to a large number of readers. The book mav be found
for sale with C. Hyllested, Jr., Cotton Exchange Building, New
with
Savannah
This
Since
Florida...
S.Carolina
N.Car’lina
This
week. Sept. 1. week.
| Since
jSept. 1.
Virginia..
North.p’ts
Tenn., <fcc.
Price $2.
Foreign..
I
I
I
2,009 102,882
9,181
7
960
87,725
901,787| 3,076 328,389
754
69,519l
6,393 875,241
Last year.
8,618
20,801
13,239
52,980
27,300
653 59,731
4,323 351,516
This year.
367
27
'
1
45,819
2
56,448
91 147,452
217
45
100
2.314. 130.164
Since
This
Sept.l. week. Sept. 1.
40,132
143,227
6,520
sinoe
840
34,589
2,170
19,976
Since
York,
Baltimore.
3,040
307 24,069
13,477
'*419 92,044
81
This
week.
11,679
3,027 151,856
1,971 124,540
528 140,313
.59
Philadelphia.
Boston.
Mobile
Bombay
May
Other British ports
Sept. 1, 1878.
(bales) from New York since
Week ending—
comparison of 1879 with 1878 shows a worse condition
this year by 3 per cent, but the comparison with 1877 is decid¬
edly more favorable for the present year.
Cotton Export Calculations, by C. F. Wilmans.—We
Shipments.—According to our cable dispatch received
to-day, there have been 8,009 bales shipped from Bombay to
Great Britain the past week and 9,000 bales to the Continent ;
while the receipts at Bombay during this week have been 22,000
period of the previous year.
Exports of Cotton
The
York.
same
369
160,166
1,522 143,180
‘JWWWaWWHWW'nlWMtt-l^
*V4V* tMIM*. vill H<M
tt««■' li
1.*>:!«=!
THE (CHRONICLE.
Shipping News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
10,571 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
The Chronicle,* last Friday.
With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
Aug.-Sept
Sept.-Oct
July-Aug
Aug.-Sept
Total bales.
New York—To Liverpool, per steamers Baltic, 227
Arizona,
679
City of Chester, 394—Abyssinia, 101
Benmore, 1,482
New Orleans—To Havre, per ship Nunquam Dormio,
Boston—To Liverpool, per steamers Altmore, 186
d.
ship
per
Sept.-Oct
..61616
6i516
62932
63i32
Oct.-Nov
Sept.-Oct..
7
4,328
Oct.-Nov
638
particulars of these shipments, arranged in
2,783
Boston
3,460
our
6716
6ioie
July-Aug
Aug.-Sept
Sept.-Oct
Delivery.
usual form,
Havre.
•
•
•
Total.
Delivery.
62732
Oct.-Nov
July-Aug
Aug.-Sept
Sept.-Oct
67s
61&10
Sept.-Oct
June-July
6tB10
July-Aug
Mon.
Tues.
10,571
4,328
freights the past week have been
Satur.
3,460
....
6,243
.
Delivery.
June-July ..62932siio16
July-Aug
63i32
Aug.-Sept
7@i32
Sept.-Oct
7132/S>li6
Oct.-Nov
Gn16
Nov.-Deo
6i532/«>:i2
June-July
63i32
2,783
4,328
•
4,328
Total
follows:
as
Wednes.
....
-2)
t.
Bremen, steam. ,e.
....
....
® *2*
....
® *2
®
....®
Lj*
.
.
®
..
I2
....® *2
*2*
.
.
..®
*2*
....®
..
..
®
There
|
Delivery.
69i6 | Aug.-Sept..63132
63132 I Nov.-Dee
6i932
678
Sept.-Oct
7
CSs.
Delivery.
Sept.-Oct
June-July
7332
Delivery.
Aug.-Sept
...7332
Sept.-Oct
7%
Nov.-Dee
6916
Sept.-Oct
..7332
Shipments.
7
Oct.-Nov.,n. crop,
J uly-Aug
7132
July-Aug
Aug.-Sept
7
.7ii6
Oct.-Nov
Nov.-Dee
6%
6i732
.
-
.
-
*£*
-..
'a)... ....®...
c.
sail
.
o1^
improvement in prices of low grades of flour
early in the week, as they were relatively scarce, but trade has
been quite dull for several days, and the better grades de¬
clined, as receivers were anxious to effect prompt sales, and
there was some sympathy with the weakness of the better
grades of winter wheat. Rye flour has ruled firm, but the im¬
provement in com meal was not sustained. To-day, there was
a fair demand at firm prices.
The wheat market was dull early in the week, and yesterday
declined materially, especially for the winter growths ; there
was, however, an active business at the concession. The sales
included No. 2 red winter at $116@$1 16% on the spot;
$1 U%@$1 13 for July ; $1 08@$1 09 for August, and $1 0
$1 07/6 for Sept., closing at inside prices ; No. 1 white, $1 14@
$1 14%, spot and June; $1 12%@$112% for July, and $1 09
for Ang.; and No. 2 spring $1 03@$1 04%, spot and June, and
$1 02@$1 02% for July ; also, No. 3 spring on the spot, 90e.@
91c. To-day, the decline of yesterday was mostly recovered,
*2
—
..
®/..
Baltic, steam—d.
d.
*
Compressed.
Below we give
a
Oct.-Nov
Friday, P. M., June 20,1879.
....
e.
sail
7^32
678
62932
63i 32
61^32
BRE ADSTUFFS.
....®710 ....®716 ....®716
....®7ie -•-.®710
.®*910
®*9l0 ...®'016 -.-®>910
Hamburg, steam. c.
...®*9l6
do
sail ...c.
.® I3 ....® *2 ....® 12 ....® *2
® ^2 ....® *2
....®... ....®...
Amst’d’m, steam c. ....®...
do
7
June-July
June-July
Aug.-Sept
6‘-'932 } Oct.-Nov
.
sail..
621 j2
Fri.
Thurs.,
Liverpool, steam d. **16® *4 316®14 316®14 316®14 310® *4 310® *4
d. 316®1364 316®1364 3ie® 1304 316®1364 316®1364 316®1364
do
sail
® *2* ....®'2*
....®12*
® *2*
Havre, steam.... c.
do
Oct.-Nov
Friday.
Liverpool.
sail
Aug.-Sept
7
7
Delivery.
Nov.-Dee
June-July
follows:
do
6iGle
d.
7*32
6I&10
7i32'&7
Thursday.
,10,571
nail
650
Sept.-Oct
June-July
Delivery.
2,783
3,460
New York
New Orleans
do
Delivery.
d.
*.. 63i32
July-Aug
Aug.-Sept
Sept.-Oct,
62932
63i32
Aug.-Sept
..
Total
Cotton
Delivery. *
678
Delivery.
July-Aug
1
4,328
Iberian,
207
Bata¬
376—Massachusetts,
1,362
Minnesota,
via, 1,329
are as
Tuesday.
Delivery.
July-Aug
Wednesday.
night of this week.
The
[vol. xrviu.
all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Arcturub, ship, Kelley, loaded with cotton, at New Orleans, for Liver¬
pool. was very slightly damaged by flic P. M. of June 12.
China, ship, from New Orleans for Reval, ashore near Lakken, broke up
night of June 3. About 3,000 bales of cotton had been saved. It
thought that the remainder of the cargo was at the bottom
of the wreck.
Mary E. Riggs. The United States
Admiralty Court at Key West
awarded the salvors, in the case of wrecked ship Mary E. Riggs,
the sum of $45,471 (not as before reported). The steamship Mil¬
anese, and not steamship Explorer, takes the cargo of this ship.
was
•Union, ship, from New Orleans for Liverpool, which put into Baltimore,
&c., cleared thence June 16, and not as before reported.
Anastasia, bark (Span.), from Savannah for Ferrol, before reported, has
been sold at St. Thomas. The cargo will be forwarded by^ bark
Monitor (Sw.)
Hera, (Ger.), was turned over to her captain at Galveston, June 5, by
was some
but business
Indian
checked.
was
com
has met with
a
variable demand.
Prices have *
the
whole, favored buyers; and yesterday there was an act¬
the contractors
employed to put her in seaworthy rendition. The
master of the brig discovered that he was mistaken when he
ive market at a slight decline,. closing steady. The sales in¬
ordered the vessel righted, as she was found to leak so badly as to
cluded No. 2 mixed at 43@43%c., spot and June, 43%@43%e. for
necessitate her being again hove down, which was accomplished
June 7. On the 10th she was towed to Kuhn’s wharf, where a
July, and 45%c. for August; and steamer-mixed, 42%@43c.,
number of caulkers were at work on her topsides.
spot and for June and July, and 44c. for August. White com
Liverpool.—By cable from Liverpool, we have the following is more
plentiful and lower. To-day, the market was fairly
statement of the week’s sales, stocks, &c., at that port :
on
active and steadier.
May 30.
Bales of the week
bales.
Forwarded
Bales American
Of which exporters took
Of which speculators took..
Total stock
Of which American
Total import of the week
Of which American
Actual export
Amount afloat
Of which American
...
34,000
7,000
26,000
3,000
3,000
601,000
479,000
74,000
52,000
June 13.
June 6.
40,000
5,000
31,000
3,000
35,000
5,000
27,000
2,000
3,000
507,000
471,000
3.000
591,000
456,000
35,000
4,000
326,000
19,000
3,000
314,000
143,000
136,000
•
37,000
19,000
5,000
315,000
122,000
June 20.
38,000
6,000
29,000
5,000
2,000
606,000
469,000
55,000
44,000
Saturd’y. Monday. Tuesday. Wedn’sdy
Market
t>
12:30 r
l
.M.j
Mid. Upl’ds
Mid. Orl’ns.
Market,
5 p.m.
A shade
easier.
7
7
Dull
and
easier.
Quiet.
6i»i0
Steady.
277,000
94,000
The
G78
615ie
615ie
6,000
5,000
1,000
1,000
1,000
Western
Extra State, &c
Western spring wheat
extras
do XX and XXX...
Western winter ship¬
Thursd’y Friday.
Quiet.
7,000
1,000
Firm.
Quiet
Steadier.
but
steady.
d.
63i32®7
7*i0
d.
7332
63i32
Delivery.
63i32 July Aug
Aug.-Sept
71.32
Aug.-8ept7332'&110® 332 Sept-Oct
Bept.-Oct
73?2 Oct.-Nov
June-July
...7
No. 1 white
Coni—West, mixed
7
City shipping extras.
family brands
South’n ship’g extras.
Rye flour, superfine..
5 00® 6 25
4 35® 4 85
3 20® 3 50
Barley—Canada W.
2 10® 2 35
2 50® 2 55
State, 4-rowed
State, 2-rowed...
Peas—Cau’da,b.<fef.
6,000
8,000
1,000
1,060
Finn.
20® 4 40
50® 600
50® 7 75
90® 5 25
Corn meal—
Western, &c
Western No. 2...
Yellow Southern.
White
do
Rye—Western
State and Canada
Oats—Mixed
White
92
07
75
18
®1 16
..®1 14*2
41 ® 44
4314®
43*2
45
49
59
62
36
®
®
®
38
®
46
52
61
65
39
44
®
....®
@
73 ®
92
®
Receipts of flour and grain at Western lake and river ports
ending June 14:
Quiet.
for the week
Delivery,
July-Aug
Aug.-Sept...
d.
7132
7332
Monday.
Delivery.
June-July
1 12
6IB10
steady.
Delivery.
Sept.-Oct
Jane-July
White
6i&16
Quiet
but
Rejected spring..
Red winter, No. 2
®0
1 04 ®1
73 ®
1 17*2®1
670
ping extras
Brandywine, &c....
Delivery.
July-Aug
3 85® 4 10
4 25® 600
bu. $0 90
4
4
5
3
The actual sales of futures at Liverpool, for the same week, are
given
below. These sales are on the basis of Uplands, Low Middling clause,
unless otherwise stated.
Saturday.
r
3 40® 3 85
3 90® 4 00
TVii Celt
No.3 spring, $}
No. 2 spring
do XX and XXX...
Minnesota patents...
Futures.
July-Aug
Aug.-Sept
GRAIN.
$ bbl. $2 60® 3 30
Superfine State and
j
5,000
H.
closing quotations:
Southern bakers’ and
Bpcc.&exp.
5 P.
are
No. 2
{
Bales
Market,
following
FLOUR.
dearer.
678
7
white.
3,000
The tone of the Liverpool market for spots and futures, each day of
the week ending Juue 20, and the daily closing prices of spot cotton,
have been as follows:
‘
Spot.
Rye is easier, and two boat-loads of Canada sold for early
Barley and barley malt quiet and nominal.
and unsettled. Oats materially declined early
in the week, under sales to realize on speculative operations,
followed by a slight recovery. To-day, the market was quiet,
and No. 2 graded were quoted at 38%c. for mixed and 39c. for
arrival at 64%c.
Canada peas dull
Delivery.
{June-July
62930
7110 July-Aug... 63i32®i5i«
7*i0
Aug.-Sept
7i32®7
62332 Sept.-Oct
7432®132
,
At—
Flour,
Wheat,
bble.
bush.
Com,
Oats,
bush.
bush.
Barley,
bush.
Rye,
bush.
(196 lbs.) (60 lbs.)
Chicago
34,134
47,876
Milwaukee
170
Toledo./
Detroit..
Cleveland
St. Louis
Peoria
Duluth
51786
2,(159
18,658
1,425
Total
(56 lbs.) (32 lbs.> (48 lbs.) (56 lbs.)
462,195 1,839,827 364,885
3,279 25,132
484,711
43,170
67,500 14,375 4,350
55,997
159,920
795
16,492
203,515
4,247
219
5,498
6,400
18,450
21,300
131,953
3.022 15,867
367,267 114,753
17,740 201,130
86,400 17,000 15,910
110,408 1,362,511 2,635,262
Previous week... 126,275 1,674,386 3,924,613
Same time ’78
85,209 651,497 1,587,433
...
675,577
37,895 62,054
809,853
47,468 68,258
350,214
30,262 40,598
June
THE CHRONICLE.
21,1879.]
receipts at same ports from Jan. 1 to June 14, inclusive,
Total
for four years:
1879.
1878.
1877.
1876.
2,944,864
2,660,713
1,858,985
2,426,438
27,127,982
41,064,365
12,633,351
27,257,608
41,246,322
11,316,554
Barley
2,288,227
2,740,699
Rye...
1,431,221
1,802,418
7,470,072
32,139,494
8,029,037
2,579,600
858,777
20,286,242
33,131,541
10,592,060
2,839,669
765,816
84,545,146
84,363,601
51,076,980
67,615,328
Flour..
bbls.
Wheat..... bush.
Oorir
Oats
Total grain....
Total receipts (crop movement) at tlie same
to June 14, inclusive, for four years:
1877-8.
1378-9.
1876-7.
1875-6.
bbla.
5,639,420
5,433,107
4,517,677
4,832,339
bush.
83,226,748
81,134,760
28,593,163
70,742,849
76,335,938
23,728,111
9,219,559
3,779,235
36,863,057
71,989,395
19,074,827
8,346,450
2,716,326
60,128,948
53,630,213
25,244,692
Flour
Wheat.
•Corn
Oata
ports from Aug. 1
Barley
Rye
9,329,973
4,387,564
In Store at—
Peoria
Indianapolis
Kansas City
Baltimore
Rail shipments...
Lake shipments..
OnCanaL
Total
June 7, ’79
Wheat,
Corn,
Oats,
bush.
Barley,
bush.
bash.
bash.
26,102
5,050
204,665
110,456
80,541
269,121
537,350
379,425
752,466
608,000
13,930,328
15,601,433
15,286,257
13,960,446
15,331,650
6,254,490
May 31, ’79
May 24, ’79
May 17, ’79
June 15, *78
*
631
31,800
1,813,464
1,394,034
1,060,000
122.184
16,400
2,396
8,150
451,667
30,867
118,607
11,334
43,000
bush.
76,523
5,100
991
11,666,7211,931,291 531,285
12,135,640 1,608,039 652,459
11,186,506 1,628,733 707,368
9,897,127 1,649,426 873,810
11,322,544 1,549,756 982.246
8,707,025 2,003,693 1,041,766
30,822
31,500
34,000
458,265
593,397
684,636
807,793
831,379
416,942
Estimated.
THE DRY GODDS TRADE.
Friday, P. M., June 20, 1879.
7,526,267
1,985,666
The
past week has developed
little change in the condi¬
Total grain
206,672,203 183,803,692 133,090,055 148,515,196 tion of the dry goods market. Business has been only moderate
Comparative shipments of flour and grain from the same with the commission houses, and the jobbing trade ruled quiet
porta from Jan. 1 to June 14, inclusive, for four years:
There was a steady movement in staple cotton and woolen
1876.
1878.
1877.
1879.
goods* underwear, &c., on account of former orders, but new
Flour
bbls.
1,872,504
3,090,956
2,659,987
2,566,467
very
....
transactions
light and comparatively unimportant, owing
buyers in the market. Prices remained
1,499,963
Barley
very firm, and stocks of nearly all manufactured goods are
600,218
1,482,734
Rye
remarkably well in hand, many leading makes of cotton goods,
Total grain
40,140,439
57,792,853
71,114,090
70,313,681
flannels, &c., being largely sold to arrive, as are numerous
Rail and lake shipments from same ports for the last four
styles of men’s-wear woolens. The entire stock of the large
weeks:
jobbing house of Kayne, Spring & Dale (successors to the old
Week
Oata,
Corn,
Flour,
Wheat,
Barley,
Rye,
bush.
bush.
buah.
buah.
bush.
bbla.
ending—
firm of S. B. Chittenden & Co.) will be peremptorily sold at
Juno 14.... 129,209 1,131,891 3,207,498
570,274 30,867 62,322
June 7
131,749 2,564,611 3,403,392 714,716 29,267 67,534 auction next week, K. S. & D. going into liquidation, owing
buab.
Wheat
Oorn
Oata
24,007.761
34,600,968
9,285,055
1,952,893
1,267,413
21,971,815
35,202,376
7,146,788
19,395,808
28,297,397
8,203,333
1,163,510
732,805
7,730,843
23,903,376
6,035,663
1,870,339
were
to the small number of
....
....
May 31....
May 24...
131,485
128,402
Total, 4 w’ks. 520,845
Tot.4 wks ’78 410,997
1,982,987
1,686,946
2.381,439
2,239,247
608,669
630,701
29,738
54,996
84,411
90,226
7,366,435 11,283,576 2,574,360 144,868 304,493
4,303,307 10,792,894 2,599,964 76,058 292,955
to the recent death of the senior
partner.
Domestic Cotton G-oods.—The export movement in domestic
cottons was fairly satisfactory in volume, 1,278 packages having
Receipts of flour and grain at seaboard ports for the week been shipped abroad during the week ending June 17, including
ended June 14:
333 to Great Britain, 148 to Brazil, 132 to Hamburg, 132 to
United States of Colombia, 114 to Mexico, 99 to British'Hon¬
Flour,
Wheat,
Corn,
Oats,
Barley,
Rye,
bush.
bbls.
bush.
bush.
bush.
At—
bush.
duras, 69 to Venezuela, 54 to British West Indies, 41 to Africa,
550 130,830
New York
99,887
885,800 1,512,397 296,877
33
to Hayti, &c. The main features of the cotton goods market
391.450
Boston
24,300
130,900
31,712
4,900
Portland
2,800
1,900
1,200
are unchanged.
Large deliveries of the most staple fabrics are
474
400
Montreal
209,222
258,973
2,607
12,820
228,700 797,000 67,200
5,000 still being made by agents in execution of back orders, but the
1,000
Philadelphia....
Baltimore
292,050
670,300 32,500
14,289
1,500
current demand has been relatively light. Prices are stiffly
New Orleans...
15,770
2,808
71,552 42,212
maintained on all leading makes of brown, bleached and col¬
Total week
183,633 1,642,880 3,704,472 571,363
6,850 139,937
Previous week... 187,331 2,513,827 3,901,142 460,720
9,750 157,106 ored cottons, and stocks are exceptionally light. The print
Cor. week '78.... 143,827 1,102,259 3,165,366 566,709 53,624 96,868
Cor. week’77.... 95,952
291,023 1,021,839 254,747 84,037
5,632 cloth market was dull and nominal, owing to the spinners
at Fall River having given notice of their intention to
And from Jan. 1 to June 14, inclusive, for four years:
strike ” about the end of the month. Such sales of print
1979.
1878.
1877.
1876.
cloths as were reported were made on the basis of 4/£c. for 64x
flour.... ...bbls.
3,837,769
4,534,207
3,059,397
4,091,897
64s and 3%@lc. for 56x60s. Prints remained quiet but firm,
Wheat... ..bush. 38,343,252
3,947,910
32,354.878
13,283,368 and some makes of
staples, robes, &c., were advanced about }£c.
Oorn....
54,331,572
38,097,541
33,026,212
54,169.590
Oats
8,756,857
9,128,394
7,250,050
9,383,304 Ginghams also were quiet and firm, and lawns continued in
2,366,787
1,430,636
1,609,301
1,898,924
Barley
588,354
1,885,290
2,171,523
529,886 good request.
Rye
Domestic Woolen Goods.—There was a materially lessened
Total...
51,493,156
104,957,162
99,981,617
68,121,684
demand for men’s-wear woolens, but business in this depart¬
Exports from United States seaboard ports and from Montreal, ment was fair for the time of
year, and prices were steadily
for week ending June 14:
maintained. Fancy cassimeres met with moderate sales, and
Com,
Flour,
Oats,
Wheat,
Rye,
Peas,
fair deliveries of leading makes were made by agents in filling
From—
bush.
bush.
bbls.
bush.
bush.
bush.
New York
78,117 1,105,448 1,379,410
3,799 208,740
3,621 back orders. Cheviots were distributed in moderate parcels to
Boston
272,657
900
12,384
39,935
a tolerably satisfactory amount, and there was a steady inquiry
Portland
200
855
Montreal
190,284
29,130 27,914 for light selections of worsted coatings, overcoatings and
17,406
180,683
652,191
8,599
Philadelphia.
1,848
350,801
beavers. Cloakings have received more attention from cloak
Baltimore
260
4,033
293,952
635,013
Total for w’k 113,988 1,970,824 3,130,410
4,959 216,469 31,535 manufacturers, and there was a fairly active demand for
Previous week. 123,244 1,650,966 3,009,684 13,951 231,240 94,014
repellents, leading makes of which are held with increased
Two weeks ago 108,922 1,906,244 2,110,800 12,887 59,868 136,543
Same time’78. 69,527 1,186,920 2,223,293 220,505 126,359 146,036 firmness. Kentucky jeans and doeskins continued in steady
The visible supply of grain, comprising the stocks in granary request and firm, with a tendency toward still higher figures
at the principal points of accumulation at lake and seaboard on the latter. For flannels there was a moderate demand and
ports, and in transit by rail and canal, June 14, was as fol¬ a liberal distribution was made by agents on account of back
lows :
orders, as was also the case with blankets. Dress goods were
Barley,
lightly dealt in, but some fair orders were placed for future
Corn,
Oats,
Wheat,
Rye,
bnsh.
bush.
In Store at—
bush.
bush.
bush.
delivery.
New York
1,832,619
914,211
257,470
90,326
92,524
Foreign Dry Goods.—There has been a continued light
New York, afloat.*
530,000
300,000
950,000
..
..
..
..
..
..
“
. .........
..
-
Albany.
Buffalo
Chicago
Milwaukee...
Duluth (7th)
Toledo
Detroit
Oswego*
St. Louis
Boston
Toronto
Montreal
Philadelphia
,
800
22,500
1,971,664
311,924
4,110,125 2,806,802
32,949
1,454,014
246,939
53,223
77,000
17,646
412,769
6,200
2,000
99,014
38,000
38,202
123,055
10,031
652
105,264
140,191
305,934
39,390
15,000
8,723
16,177
33
100,000
109,742
1,380
110,000
764,009
200,135
140,648
1,420
36,962
33,101
9,650
160,368
39,200
20,336
455,954
443,837
50,000
1,903
70,965
4,000
20,278
1,543
26,281
33,913
342
42,537
imported goods, aside from certain makes of linen
goods which have received increased attention, owing to the
advancing tendency of such fabrics. Silks were quiet and
steady, and there was no movement of importance in dress
goods or men’s-wear woolens, selections having been almost
wholly of a hand-to-mouth character. The auction season is
drawing to a close, and no public sales of importance were held
during the week.
demand for
[VOL, XXVIII.
THE CHRONICLE.
632
Receipts of Leading
Importations of Dry Goods.
week ending
The importations of dry goods at this port for the
June 19, 1879, and for the corresponding weeks of 1878 an<
1877, have been as follows:
ENTERED FOR CONSUMPTION FOR THE WEEK ENDING JUNE 19, 1879.
Wool
Cotton
Silk
Flax
Miscellaneous...
..
Total
168
435
687
531
132
71,758
133,333
419,615
1,953
752,933
84,518
43,709
203
544
313
500
140
74,275
138,468
180,339
76,743
34,515
275
759
579
968
120
1,700
504,340
2,701
•
following table, based upon daily reports made to the
New York Produce Exchange, shows the receipts of leading:
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for exports);,
also the receipts from January 1, 1879, to that day, and for thecorresponding period in 1878:
The
.$
$
$
Manufactures of—
Value.
Pkgs.
Value.
Pkgs.
Value.
Pkgs.
1879.
1878.
1877.
98,551
201,258
327,558
166,762
•
Week
37,877
832,006
166
3,393
t.
1*030
36,118
91,665
2,039
973,950
71,340
2,328,239
Breadstuffs-
PERIOD.
.
Manufactures of—
Silk
123
52
Flax
158
157
57
50
114
67,011
15,338
34,446
2,915
41,157
129
148
71
244
415
44,899
40,276
38,368
99
28,030
Miscellaneous
1,421
Total
Ent’d for consumpt.
1,853
1,953
752,933
3,293
1,700
185,982
504,340
1,007
2,701
market...
3,806
926,657
4,993
690,322
3,708 1,047,448
Total
on
ENTERED FOR WAREHOUSE
143
132
45
264
18
Wool
Cotton
Silk
Flax
Miscellaneous.
215,442
832,006
DURING SAME PERIOD.
Manufactures of—
105
131
59
210
506
70,111
40,641
33,250
23,225
6,169
174
54,976
37,783
34,162
41,686
5,087
111
54
103
24
‘
Cotton
Cotton seed oil
bales
I
Grass seed
Hides
ba*
917
N
2,591
3,143
Ent’d for consumpt.
1,953
173,695
752,933
Total at the port...
2,555
926,628
602
171,782
832,006
1,700
173,396
504,340
1,011
2,701
2,166
677,736
3,712 1,003,788
466
Imports of Leading Articles.
House returns,
this port since
period in 1878:
The following table, compiled from Custom
shows the foreign imports of leading articles at
January 1, 1879, and for the same
[Tlie quantity is given in packages when
not otherwise specified.]
Turpentine, crude...
Turpentine, spirits...
5,396
China
Earthenw
Glass
Glassware.
18^073
.
.
Glass
115,879
14,970
2,546
4,850
15,163
13,819
plate.
Buttons
Coal, tons...
Cocoa, bags.
Coffee, bags.
1,042,630
8.036
Cotton,bales
Drugs, &c—
Bark, Peru.
Blea. powd.
Cochineal..
Gambier
.
.
Gum, Arab.
Indigo
Madder, &c
Oil, Olive..
Opium
Soda, bi-cb.
Soda, sal...
Soda, ash..
15,915
12,942
1.019 Wines, &c.—
5,976 Champ’gne
baskets..
1,677
3,328
1,4 66
3,913 Wines
1,607 Wool, bales.
21,299 Reported by
20,475
422
538
....
30,514
1,484
3,775
500
388
1,873
107,400
2,052
Gunny cloth
Hair
Hemp, bales
Hides, &c.—
Bristles
..
108,044
2,186
24,339
22,246|
Jewelry ,&c-
296
•
.
.
49,116
Molasses....
Hardware
2,192
1,931
243
283
.
Spices, &c.—
Liverpool
bbls.
bbls.
lbs.
1,337
53
51
London
Glasgow
Bristol
...
250
300
42
738
37
14,818
$
687,898
22,509
339,193
162,292
72,966
357,806
89,242
..
546,776
1,228,317
389,996
314,973
5,481,571
89,983
100,038
30,486
193,998
92,229
230,392
19,832
378,328
36,404
•
Brit, ports...
Antwerp....
Hamburg....
Previous
..
w’k
Tallow,
lbs.
lbs.
lbs.
76,000
52,400
853,125
612,675
427,860
80,000
367,100
689,940
17,940
82^500
3,425,929 2,243,530
113,100
287
660
12
138
2,569
6,340
3,035
4,887,642
5.539
3.349
6,107.499 11.093.51 8 2.910.379 1.558.609
Havre
Total week
Cheese,
8,000
236,000
1,103,200
352,000
354,559
209,500
268,600
393,237
434,728
4,150
Bremen
Marseilles....
Cont’l ports..
S.&C.America
West Indies..
Br. N. A. Col.
Oth’r countr’s
Bacon,
87,400
260
50
250
261
60
'*117
3,003
951
468
No.
Pkgs.
slabs.
Stearine
pkgs.
161
555
695
Sugar
Sugar
bbls.
hhds.
632
920,912
145,725
669,750
19,997
19,162
19,807
13,695
11,589
exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the 1st of January, 1879, to the same day, and for the
65,912
298,775
2,263,900
50,375
6,000
50
1,030
20,440
40,487
37,000
Hull
kegs.
30,642.
639,450
468,842
742,250
287,910
434,643
45,923
78,871
20,423
778.900
2 47,200
143,600
142,000
1,275,699
bbls.
32,555
42,078
73,194
9,714
Rice
1,129
Pkgs.
Tallow
Tobacco
Tobacco
3,007
2,643
3,567
6,232
boxes & cases.
hhds.
bbls.
bales.
Wool
.6,900
120
295.900
12,000
50,376
113, LOO
345,100
1,343
67,011
121.746
28,474
2,788
3,936
31,535
120
485
9,878,880 3,529,812 .2,180,475
474
11,253
41,202
70,374
52,355
92,598
31,607
the
corresponding period in 1878:
Week
bbls.
bbls.
lbs.
Ashes, pots
Ashes, pearls
Beeswax.,
Breadstuffs—
Flour, wheat
Flour, rye
Com meal
Wheat
..
Rye
Bailey
Peas
Corn
Candles
Coal
Cotton
..
...pkgs.
tons.
...bales.
Domestics
..
Hay
Hops
..
Naval Stores—
Crude turpentine
Tar
Pitch
Oil cake
Oils—
Whale
.pkgs.
Since Jan.
1879.
ending
Linseed.
Petroleum
Provisions—
Pork
Beef
Beef
Cutmeats
1,100
28,238
108,180
54,223
1,380,812
198
3,713
3,524
80,882
19,947,510
2,026,096
330,128
101,734
177,169
1,362,552
15,236,046
1,524
1,773
5,502
1,278
31,213
40,223
125,515
61,718
709
120
29,118
5,940
1,074,562
177,484
3,754
926
12,581
1,178,874
2,410
'
99.575
21,018 641
1,953’691
937*375
1,483’657
256’775
11,875*701
22’663
29*132
230*819
83*348
31*122
36*204
e
bbls.
bbls.
....bbls.
....bbls.
....bbls.
100
135
175
33
4,222
92,453
3,988
2,715
6,164
111,906
3,454
3,504
65,603
874,931
1,130,516
84
...
....gals.
....gals.
....bbls.
6,435
......
4,136
46,958
340
.
96,780,
93,645
622,159
5,675
4,480
1,236
116,774
126,627
23,368
854
9,783,063
306,266,059
256
8,422
lbs.
1,646,836
36,148,106
360
699
22,484
11,887
63,018
3,316,054
924,958
2,434,543
3,702,382
..
lbs.
619,197
3,767
68,993,414
lbs.
lbs.
lbs.
lbs.
manufactured, lbs.
283,993
86,121,056
.tierces.
.hhds.
and cases.
223,156
4,258,443
24,408
29,050
bbls.
Cheese
Lard..Rice
Whalebone
Same time
last year.
802
147
...
Butter
Tallow
Tobacco, leaf
Tobacco
bales
1,
966
75
.bales.
....gals.
....gals.
Sperm
Tobacco,
bbls.
bbls.
bbls.
.bush.
bush.
...bush.
...bush.
.bush.
...bush.
Oats
Rosin
To—
154,925
Spelter..,
Spirits turpentine
Lard,
161,075
21,010
872,324
590,144
571,080
267,829
446,720
27,863
49,869
20,155
46,817
17,068
1,044
28,897
54,453
72,530
28,340
151,133
43,701
Exports of Leading Articles of Domestic Produce.
The following table, based upon Custom House returns, shows
following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland, and New
Orleans, for the week ending June 14,1879, and their distribution:
Beef,
4,856
265
The
Pork,
38,725
277
238,041
Mahogany.
Exports of Provisions
59,472
7,252
492,178
28,046
211,902
77^89
265,343
175,498
Cassia
Logwood
1,824
820
230,509
390,583
27,563
379,479
Fustic
Metals, &c—
Cutlery....
681
12,952
1,186
234,145
10,436
1,030,421
4,980,237
131,818
...
254.579
140,140
880,641
522,627
1,287,444
352,275
.
Ginger....
1,145 Pepper....
256 Saltpetre
158,363 Woods—
37,053 Cork
1,233
Jewelry...
1,730
June 17.
...
108,818
264,878
$
Nuts
743
481
Ivory
4,280
621,831
18
75,397
29,931
159,000
11,722
520
tcs. & bbls.
Lard
Lard
1,951,425-
431,460
4,941
360,492
626,340
31,648
362,391
172,450
....
Hides,dr’sd
Cheese
Whiskey
Raisins
780 Hides, undr.
2,144 Rice
64S
.
India rubber
Watches
Linseed
..
Oranges
Butter
91,528
69,201
45,601
62,977
8,661,784
value.
Lemons
Cutmeats
119,250
788
309
10
....pkgs.
pkgs.
pkgs.
pkgs.
pkgs.
Beef
455,517
29,520
•9,121
Provisions—
Pork
435,309-
40
11,182
•«
91,289
22,108,959'
1,701,655
15,582,700
4,918,748
2,360,719
20,181
462,733
5,785,801
64,906
582^279
13,501 Cigars
25,643 Corks
32,175 Fancy goods
1,801 Fish
2,792 Fruits, &c.—
7,615
29,175
Flax
Furs
4,368
949,039
36,697
Tea
Tobacco....
Waste
21,378
9,334
1,752
28,471
2,789
Pitch
Oil cake
1,878,031
1,509
bbls.
bbls.
Hogs, dressed....
Metals, &c—
5,380 Lead, pigs.
17j752 Spelter, lbs
100,538 Steel
9,494 Tin, boxes.
2,797 Tin slbs.,lbs
4,340 Paper Stock.
34,457 Sugar, hhds,
10,732 tcs., & bbls.
759,394 Sugar, boxes
2,244 andbag8...
China, &c.—
1878.
1879.
1878.
1879.
-
Naval Stores—
2,212
37,91
30,250
1,940,781
84,902
2,176
h
Eggs
'
350
pi
Same time
last year.
178,665
409,950
12,447
3,288
93,923
94,205
80,334
1,334
Lead
Molasses
42,138
46,960
37,995
40,343
4,346
1,748,767
’
Tar
Total
282,982
75,430
1,592
6,133
44,802
62,206
29,157
21,024
173,724
...
82,313
19,724,308
1,065,683
16,726,635
4,498,873
1,730,464
57,740
45,365
5,329
Since Jan. 1j
1879.
i.
.
ING THE 8AME
ending
June 17.
THROWN INTO THE MARKET DUR¬
WITHDRAWN FROM WAREHOUSE AND
Wool
Cotton
Articles of Domestic Produce^
••
93
14,926,731
42,854,528
131,460,577
27,-689
34,564
259,428,541
6,303,077
40,545,374
152,205,691
11,135
36,504,914
29,526
25,816
3,050,847
70,093
June 21,
THE CHRONICLE
1879. J
GENERAL
GUNNIES.—See report under Cotton
HAYNorth River shipping
PRICES CURRENT
ASHES—
Pot, first acrt
?) lb.
4*9
BBBADSTO FF8—See special report.
BUILDING MATERIALS—
Bricks—Common Hard,afloat..V M 2 (0 •
Groton
U0 9 9
22 00 9 26
Philadelphia
Cement— Rosendaie
V bbl.
9) 9
Lime—Rockland common....?) bbl.
70 o
Rockland finishing
90 ©
lumber—Pine.g'd to ex.dry;?) M It. 10 00 © 60
Pine, shipping. box
18 90 © 22
do tally hoards, com.to g'd.each.
22 ©
Oak
?) M. It. 35 00 © 45
Ash, good
35 00 9 45
Black walnut
75 00 ©15u
Spruce boards A planks, each
18 9
Hemlock boards. each
14 ©
VM.lt. 20 00 © 45
Maple
■Mails—10®«0d.cfm.fen. A sh.?) keg
9 2
Clinch, 1 >4 to 3 in. A longer
3 75 9 4
3d fine
© 4
Cntspikes, all sizes
Iaints—Ld.,in on. com., price. ?) tt.
Lead, dry, combination, piles....
Einc, ox de. dry
Sine, Fre 2 ch, gr ean seal
Paris white. Ena., gold,...?) liHJ a.
BUTTER—(Wholesale Prices;—
Kew—State, pails and tubs, fa r to
choice
ilWest’n creamery
11
15
11
V a.
g’d to pr me “
.
10
4*
...
50
00
5
00
80
00
00
00
25
16
Newbu g*
00
25
50
Hoboken
I : u;% ■ 2 10
St’mb... $2 25
Grate.... 2 25
Egg
'2 07*@2l2*
2 10 @i 12*
2 4
@2 42*
2 27*®...
2 30
Stove.... 2 45
Ch*nut... 2 45
50 cents additional lor
14
16
.
41
“
gold.
good,
prime,
Java, mats
Native Ceylon...
do
do
.
gold.
gold.
gold.
••
'•
••
gold.
Mexican
Jamaica
Maracaibo
Lsguayra
ft. Domingo
8a vanilla
Costa Rica
gold.
“
U%
?6*
12
12
18
17
li*
15*
f A.
Sheathing,new (over 12 ox;
Braziers’(over 16 oz.)
is*a
“
potash
"
••
Cochineal, Honduras, silver...
Cochineal. Mexican, nominal.
Cream tartar, powdered
Cnbebs, East
India
Catch
Gambler
per
**
.........gold.
100 lbs. *•
Ginseng
Glycerine, American pare
-cur.
Jalap.
Lloorlce paste,Calabria
Licorice
paste,Sicily
...........
Licorice paste, Spanish, solid.,
Madder,Dutch
Madder,French
0
"
“
“
.gold
*'
Ntttgalls.blue Aleppo....
cur.
Oil vitriol (66 Brimstone)....... ’*
Opium,Turkey .. .(in bond), gold.
Prnssiate potash,yellow. Am..cur.
5*9
62*3 3 75
1 10 a 1 15
16
15 a
23
22 a
80
23 a
30
24 a
80
25 a
a
i*a
8
4
20 H
i*
a
3 02*
2*a
?t
a
hubarb, China,good to pr....
Sal soda,
8hell Lac. 2d A 1st English. ?) A.cur.
Soda ash
?) 100 A. gold
85 a
g
FISH—
Gr'd Bk.A
10
23
65
14
6
87*
George’s (new) cod.?) qtl
a
pr.bbl. 20 00 a 22 00
Mackerel,No. 1, VI. shore
a
16
00
Mackerel, No. 1, Bay...
12 00
Mackerel,No.2 Mass.shore
6 25 a 6 59
• 00 a 7 50
Mackerel. No. 2, Bay
Baislns.Seeaiess, per
do
do
do
Layers
Loose
Wlb.frall
Valencia.«.. •«................ #.
Currants....
Citron
Prunes, Turkish, new
do
French
Dates....
Figs, new
8 10
8 rs a
1 32*© I 87*
1 87*9 142*
7*r9
8*9
!«*•
4*©
10 3
5 a
13 a
Canton Ginger...
?) case. 5 50 a
....
16*©
Sardines, ?) naif lox
Sordines. ?» qnart3r box
ll*@
11 a
Sacaroni, 1 tallan .• 7..7.... V A
Domestic Dried-
Raspberries
Cherries, dry mixed
Plums.
~*tums, State
State.
Whortleberries..
s
a
ix®
2*a
3
4
a
a
2*a
4
26
U
11
a
a
a
a
rough
*•
17 CO
16 fo
19 59
/Store
tide water, 46 10
100 lbs, gold
i5*
6
Dr ice 8,
16*
11*
2*
4*
22
9
29
23
28
9
9
low No. 1 to geod Ho. 1
low No. 2 to good lfo 2
low pale to extra p *le..
window glass
....
^
^
“
**
"
•*
9
20
24
23
20
28
«
21*
&
S3
23
©
40
34**
«
*•
“
**
Linseed, casks and bbls
Menhaden, crude Sound
Neatsioot, No. I to extra
f8
1 Oi
64
26
55
42
83
75
**
Sperm,crude..
Sperm, bleached winter
Lard oil. Bos. 1 and 2
95
41
“
OILCAKE—
City, thin oblong,bags, gold, ?) ton.
Western, thin oblong (Dom.)cur “
PETROLEUMCrude, In shipping order
?) gal.
.©
2 15
31
*
?) bbl.
**
'*
**
Pork, prime mess, West
Beei.p’aln mess
Beef, extra mess
Beef hams,Western
Hams,smoked ..
Lard. City steam,
•*
BICE—
bond,
©
9
©
C
©
9
9
9
9
3$
1 15
65
*7
75
44
73*
S3
46
9
6*
5*9
6*
9 10 3)
*9
'
:0 50
11 50
M
^
6*35
9
•
6*9
•••
6*
5*9
6
8
3*
9
SO
©
250
?) sack.
6
©
100 lb.gold 5 25
> 30
“
“
9
9
.9 9
Tsatlees, No. 2
Re-reeled Congoun, No. 1«,
,
...
....9
ll**
12
18*
13*
20
5
4
75
82
42
14
©
—gold.© 17 00
© 800
© 4 00
3 80
4 00
3 50
2 75
5 60
9
8 25
©
©
390
....9
2 00
1 u7d
1
3 60
07*
Store Prices.
14*9
16
6*9
9
9
9*©
10*©
....©
....©
...©
,1*
UH
16
10
spring
f*9
6*©
“
and ex. sup
4
©
5*9
7 9
'*
“
“
"
6*9
“
“
••
8*9
8*9
8*9
"
2X9
Yellow.’.* * .’.*.’. .*.*................
TEA.Hyson, Common to lair
do
Superior to fine
do
Extra fine to finest
do
Choicest
$
7*
5
6*
7*
6*
7*
2*9
7
7*
7*
6*
6*
.9 A.
6
©
cur.?)A
17
25
85
9
©
©
77
Young Hyson,Com.to fair
do
Snper.to fine
Ex. fine to finest
Choicest
Gunpowder, Com to fair
do
Sap.to fine
Ex. fine to finest
Choicest
Imperial, Com. to fair
do
Suo.to fine
Extraflne to finest
Hyson Skin. A Twan..com. to fair.
do
do
Sup.to fine
Kx. fine to finest
do
do
Uncolored Japan .Corn, to tair..,,..
no
Sup'rtoflne
Ex. fine to finest
do
Oolong,Common to lair
do
Superior to fine
do
Ex flneto finest
do
Choicest
A
8ouc.
Cong., Com. to fair
do
Snp*rto fine
do
Rx. fine to finest
do
Choicest
8
7*9
9
6*9
6*9
“
..
TALLOW—
Prime city.
5 7-16
8*9
“
'*
“
•*
Qfl
do
do
5*9
6*6
6*9
6*9
“
**
do
off A
White extra C...
Extra C
„
25 ©
38 a
55 ©
17 ©
SO ©
43 a
60 ©
18 ©
21 ©
83 ©
12 ©
14 a
Nomi
18 ©
28 ©
88 ©
17 ©
75 ©
85 a
55 ©
18 ©
27 ©
40 a
55 ©
TIN—
gold.?) A
Banca
Straits......
17*
"
English .refined
•
..©
.
Plates. I. C., coke
?»bx g d.
Plates,char. terne, 14x20....
44
9
5 50
8 85
None.
None.
00 ©
I
4 75 ©
Lugs, common
Dark wrapper*
to fine
Bright wrappers, common to fine.
Yara, 1 and 11 cuts, assorted
Havana, com. to fine
14 Kit
50) ©
5 63*9
8*©
5*©
2
12
15
©
©
©
:s
5 60
4*
11*
4
15
45
72*©
77
9
©
©
1 20
18
8U
11
14
Manufac’d.ln“bond, black work
“
bright work
WOOL-
5.22* t 5.25
11
9*9
,?»IOC A
Tavsaams. No. I
Re-reeled Tsatlecs, best
9 Oj
40
..
....9
per
German
cut loaf
tie
do
©
5 75
4 62*
machinery
sup.
do
at
13 ©
....9
IS 9
....9
....a
70 ©
78 ©
“
7
28
Llvarnooi. Ashton's fine
SALTPETRE—
Refined, pure
cast spring
Kentucky lugs, heavy
?)A
leaf,' “
com. to fine.
Virginia Leaf-
9*
...9
9 75 ©
10 50 ©
_
Crude
Nitrate soda
8ILK-
8
io
5*9
...
?)».
Louisiana, fair to prime.
5*
8*
lo*
8*9
10 25
17
;....?» a
66
3 66'*
1 60
4 59
5 U0
00
...
"
PROVISIONS—
Pork, new mess,spot
Pork, extra prime, new
*2*
27
.9
„
Refined
Naphtha,City, bbls
car.
Coflee, A. standard
U
9
...
4 25
5 00
TOBACCO—
^
Cases
1
: so
;*©
“
*•
“
Whale,bleached winter
Whale, crude Northern
Rangoon, tn
SALT-
do
162*
55 ©
....©
8 ©
10 ©
7 ©
Pecan
.....?) gal.
9
....9
1 so a
200 a
140 a
3 25 a
475 9
OAKUM—Navy,U.S. Navy A best ?) A.
OILS—
Cotton seed, crude
Olive, m casks?) gall
9
9
....
Flloerts, Sicily
Walnuts, Naples....
blister
cast, Tool
Hard, powdered
do granulated...
31
28
29
13
1 40
1 40
?) lb
“
Batavia, Nos. iu©12
Brazil, Nos. 9@ll
Rrjtaedr-Hard, crushed
22
21
20
25
24*©
,....?) bbl.
**
?) gall.
clayed. Nos. 10©12
Centrifugal, Nos. 7©13
S*
9
25
“
,
1*
“
“
**
«
Boxes,
Manila,
19*0
19*9
“
••
Melado
a
'*
Bt. Martin...
4
90
65
40
35
SUGAR—
Inferior to common refining....?) a.
Fair
*\
Good refining
"
Porto Rico, refln., fair to prime *•
a 47 00
a
Brazil
16
12
a 22 to
’
Almonds, Jordan shelled
13*
3
5
28
20
13
a IS 00
Al....
.
Whiskey, Scotch
American
American
American
American
American
—a
?• gal.
••
English, cast, 2dAlstquality V A gold
English, spring,2d A 1st quality.. "
English blister, 2d A 1st quality.. '*
English machinery
“
English German,2d A 1st quality “
54
51
a
?) A
m.
**
....
Gin
Whiskey
3 75 a
cnr.
9 gall.
“
do
Irish.....
Domestic liquors—
Alcohol
?) ton. 18 00 a 19 00
hide,h.,
NUTS—
....
'
Apples, Southern, sliced .......?) A.
do
do
(laarters
do
State, sliced,
do
do quarters,
Peaches, pared, Ga., good to cb’ce..
do
nnpared halves and qn...
Blackberries
Brandy, foreign brands
Rum—Jam., 4th proof
St. Croix, 3d proof
....a
*'
Spirits turpentine
F gal.
Rosin, strained to good strd.?) bbl.
8
FRUIT—
"
“
52*
92*
80
60
...
"
SPIRITS-
...
Tar, Washington
Tar, Wilmington
Pitch, city
co
16 a
1 57*®
Sugar of lead, white,prime,?) Acnr.
13 a
Vitriol, blue.common
“
5*9
common
••
9
....©
STEEL—
53 a
59 a
....a
.a
{t
**
11
“
7
7*
fO
15*9
Cloves
do stems
...
NAVAL 8TOREB—
40
QuicksilverNewcastle..?) lyo A, gold.
39 g
••
gold 115
52*a
Barbadoes
Demerara
Porto Rico
do
60 test
N. O., com. to choice
s*
6
20
Nutmegs, Batavia and Penang
Pimento, Jamaica
52
51
51
so»@
.a
Cuba, clayed
Cuba, Mas., 50 test
9
54
j*a
do
ualcutta
Mace
67*
....a
a
Batavia
Ginger, African
6
12
9
9
2
4
51
Slaughter crop
3
3 40 a
a
LEATHER—
Hemlock. Buen, A’res,h.,m.Al.?)A.
“
California, h., m. A 1
16*
a
a
a
a
cur.
oinlne.
a
?) A,gold
white
do
.
7,
5 ©
7 @
6 ©
6 a
do
Cassia, China Llgnea
11
11
9
ia
Yearlings...
Sheet
15 62*a 17 75
56
12
27
is
9
9
10 9
....9
Olds, all growths.
LEAD—
Ordinary foreign
?)
Domestic, common
Bar (discount. 10 p. c.)
.
“
cur.
9
9
66
Pig,American,No. 1
_
Chlorate
Cl
#
SPICES—
cnr.
Pepper, Batavia
do
Singapore
*4
MOLASSES—
1 37*® 1 95
V A. gold.
12*9
13
U a
“
2d
2 a
••
2*
3 50 9 3 62*
Bicarb.soda,Newcastle.?) 100 A “
Blchro. potash.......
?)A cnr.
11*8
11*
125 a 135
Bleaching powder
?) 100 a.
Brimstone, 2nds A Srds.per ton.gold.23 Ou A 24 00
Brimstone, Am. roll.....*?)A..cur.
2*9
Camphor refined
... “
....a
25
Castor oil, E.I. In bond. ?>gal..gold.
...a 1 oj
Caustic soda
.?) 100 A
*•
3 35 a 3 65
_
If
Oak,rough
Texas, crop
24
22
24
....?) 100 A cur
Alum, lump. Am
Aloes, Cape
Aloes. Barbadoes
Arsenic, powdered
9*9
7*9
Pig, American,No.2
Pig, American, Forge
Pig, Scotch
17
...
American Ingot. Lake
CGTTON—See special report.
BRUG8 A DYES—
46
9
IRON--
8*
....a
a
....a
...
17
Honduras, sheet
Mexican, sheet
COPPERBolts
19^9
16
Nicaragua,scrap
15^
a
©
2)
...
....«
24 a
14 a
14 a
12
14
19 9
19*9
1«*9
100 A.gold.
Domestic, common
Domestic refined
U*a
12
gold.?)A
Sheet, single,double A treble, com.
a
89
Oil a 39 50
Rails, American, ac tide-water
....a
45
51
90
?) 56 A. gold.
?) tl Agold.
Foreign
Sheet, Russia, 8 to If
13*
I0*a
.
23
21
Bar, Swedes, ordinary sizes...?) lb.
....9
5
Bar refined, Eng. and Amer.per ton. 16 50 a 16 <W
n*
a
a
20*A
20*9
66
6*
do....
do....
Steel rails, American, a;
<A
4*
• 6
Para, fine
Para, coarse
Esmeralda, pressed, strip.
Guayaquil, pressed, strip.
Panama strip
Carthagena, nressed
Nicaragua, »heet
Johnst’n.
$2 45
®
...
5*
3*9
6*1
7*9
1
1
1
1
1
1
Flaxseed,.American, rough...
Linseed, Calcutta
Linseed, Bombay
INDIA RUBBER-
2 4i
2 0s @2 07*
2 07H@i 10
2 T>0
2 47*©2 59
2 60
2 37*@....
2 65
delivery at New York.
do
do
do
....a
‘<0
20
20
HOPSNew Yorks, new crop, low to fair...
do
medium to choice..
Eastern
u
§ L. A W. quotations are for Wiikesbarre coal.
Coffee—
Rio, ord. car....
....a
do fair,
66
is
Calcutta, buffalo....
Port
Weeh.wken.
f • 12*@i 05
•
*
car.
Texas.
Is. /. stock—Cal. kips, slaught. gold
Is
Calcutta kins, dead green...
oj
9
April 9.
....
?) a.
?i bush.
SPELTER—
California,
5 L. A W.
Schedule.
Auction.
May 28.
“
••
..
8 CO
Auction.
Schedule.
....
7 8-’6
*•
..?)A
Montevideo,
11 00a
Liverpool house cannel
Ahthbaoite—The following will show prices at
last auction or present sche iule raW; the names im¬
mediately above the figures indicate the places of
D.AH.
gold.
do....
do....
Corrientes,
Rio Grande,
do....
do....
Orinoco,
do....
California,
Matamoras.
do
Wet Salted—Buen. Ay, selected
do....
Para,
00
3*
9
l 40
Liverpool gae cannel
D.LAW.
....a
....a
....a
....a
Dry—Bnenos Ayres,selected.?)Agold
OOA.Lt—
Penn.
?) ton.
....
9
A
©
Clover,Western
Clover, New fork State
Timothy
Canary, Smyrna..
Canary, Sicily
Canary. 8pameh
Canary, Dutch
Hemp, foreign
HIDES—
CHE K8E—
New State factory, fair to pr.old?) A
Ne f? Western flat, fa r to line
“
8E8DB—
?) 100 A
HEMP AND JUl'EAmerican dressed
Americai. undressed
Russia clean
Italian
Manila
Sisal
Jute
2 4'J
9
6* 9
9
7
9
3
8* 9
1 25 9
Welsh, State, fair to choice
“
Western dairy, fair to choice “
delivery:
638
„
American n9a
American. Nos. 1 A 2
American,Combing and Delaine,...
Extra.Pulled
No.l, Pulled
California, Spring ClipSuperior, unwashed
Fair
Inferior.
Barry
South Am.Merinc, unwashed
Cape Good Hope, unwashed
Texas, fine. Eastern
Texas, medium, Eastern
Smyrna, unwashed
FREIGHTS—
To Livxxpool:
Cotton
9 A.
Flour
91bbl*
Heavy goods. .9 ton.
Corn.bTk A bgs. 9 bn*
Wheat, bulk A bags..
«...
Beet
9 tee.
Fork
9 kv.
gold,
STSAM.—»
t. d. *. d.
3-16©
*
@2 0
20 0 ©35 0
....
5
©..
.
4*©
5
©4 6
f 398 «
...
31
£0
a
42
at
40
Nominal.
31
4m
36
20
©
23
26
24
is
9
©
a
32
30
is
is
26
a
17
SO
a
a
©
26
28
13
r— •"
20
81
a
28
80
©
15
8A1
d.
s. n.
3-159
18-64
».
....«
1 0
15 0 9
...9
200
9
..,.9
....
MM®
4
4
THE CHRONICLE]
634
[Vol. XXVM.
CALABASAS
COMPANY
LAND AND MINING
o F
SAN
FRANCISCO.
DIBE C T O R S :
EUGENE L. SULLIVAN, GEO. C
JOHN CURREY,
JOHN P. JONES,
MINING reservation, in the Santa. Cruz Valley, and al¬
COMPANY IS NOW prepared to offer special most immediately on the thirty-second parallel
inducements to capitalists or actual settlers for of latitude and the 111th degree of west
longitude. The situation is most accessible,
a profitable investment in its attractive town
being only eighteen miles south by west of
•ite and mines, situated in tlie Santa Cruz Val
Tucson,
at which point the road rises from the
ley, in that portion of Southern Arizona
valley
gradually
across a gravelly mesa, or
acknowledged by all sanitary and descriptive
writers to be the “ ITALY OF AMERICA.” The secondary mountain bench, covered by cacti
and mesquit trees, and having a wide outlook
company was organized under the laws of the
in every direction. The small sierra upon the
State of California, with a capital stock of $10,*
THE
CALABASAS
LAND AND
southern face of which these mines are
000,000, in shares of $100 each, for the purpose
of carrying on mining operations
and also to lay out town-sites and
estate in that
Territory.
in Arizona,
deal in real
a large tract
bold
It owns
of land in the Santa Cruz Valley, Arizona, now
known as the town of Calabasas, which prom¬
ises to be, at a very early date, one of the most
important trade centres of Arizona.
THE TOWN OF
not
southwardly
directly opposite Saute Fe, and
southeastern portion of Ari¬
zona, coming o*t in the Santa Cruz Valley
at Calabasas.
From that point
the road
will run southerly, in a direct line to Guaymas,
from which port there is steamship communi¬
cation with the Northern and Southern Pacific
ports. The Southern Pacific Railroad is now
complete to within 130 miles of Calabasas, and
from La Vega,
will cross the
soon
be finished to Tucson.
The comple¬
tion of these roads will, therefore, give Calar
basas direct communication with the East and
West, and the natural advantages which the
town possesses
give it the promise of becoming
most important business centre in Arizona.
Located in the richest mining districts of that
a
territory, surrounded by valleys capable of ex¬
cellent cultivation, and situated on a slightly
elevated plateau formed by the junction of the
Sonoita and Santa Cruz Rivers, it forms the
natural commercial point of that region. With
the railroad facilities which are about to be
secured, it promises to be the natural and most
easy outlet for the wealth of the territory.
The town proper comprises G40 acres, and
lias been laid out with broad streets and three
well-located blocks have been set aside for
trivances he has instituted indicate the prac
tical character of the man.”
XAVIER MINES, January 11, 1879.
Silver,
Lead.
ounces.
No. 231.... 67^2 per cent.
621-249
ii
839-999
232.... 721s
a
233.... 70
1,093-749
a
64-166
234.... 71
a
134-166
235.... 5714
a
487-082
236.... 6312
a
148-749
237.... 6512
“
a
62-708
238.... 47 *2
“
a
297-499
239.... 69
a
32-083
240.... 74
tf
214-374
241.... 6514
“
a
933-332
“
242.... 72 io
a
37-916
243.... 7512
“
a
215-832
244.... 52 34
“
tt
729-166
245.... 67
a
71-458
246.... 53
a
396*665
247.... 6514
“
Another block has been reserved for
for future county build¬
ings, and one for the erection of a hotel. Out¬
parks.
side of the town proper the Company proposes
laying out a large number of garden-lots, of
ample dimensions, bordering mainly on the
Santa Cruz River.
uniformly three hundred feet
divided into twelve lots of 50 by 140
feet each, with an alley of 20 feet wide running
through the center of the block. A hotel is now in
course of construction which will be a two-story
structure' of brick, with open verandas, wide
halls running through the building, and all the
modem appliances to insure comfort as befits
climate and the growing demand of the country.
The blocks are
square,
a
a
248.... 6634
249.... 19
.
176*451
160-4:16
BEN
Dollars in
silver.
803 21
it is the centre of location, and to develop the
mines now owned by it, which are attracting a»
much attention and as
deserving of merit as any
mines of the Pacific Coast.
has set aside 20,000 shares of
capital stock, to be sold at $10 per share, to
be used as a working capital for the benefit of ^
the Company. To all purchasers of ten shares
or more of this stock, town-lots in Calabasas are
given, as an inducement to investors, and also
as a security for the money invested.
These
lots are deeded in fee simple and without any
incumbrance of any kind on them. The lots
vary in price from $100 to $350 each, in pro¬
portion to their distance from the main avenues
and commercial centre of the town.
These lots are uniformly 50x140 feet, and
will be distributed as follows: For 35 shares, at
The Company
its
the selection of the lots to us have to but state
what street they wish their selection
made, and they will have deeded to them
that will be of
an
lot*3
quite as
upon the
average value and
satisfactory as though they were
ground and made their own selection.
The propositions of the company present io
1,086 02
1,414 10 investors a new feature, which has been seldom
82 96 connected with the formation of
any mining
173 46
629 74 enterprise—namely, the real estate offered,
192 31
which, it is claimed, is worth more than the cost
81 07 of the stock
purchased. The facts adduced as to
384 63
the
character
of the country, they maintain, are
41 47
277 15
1,206 70
49 02
279 04
942 73
92 38
512 84
228 13
207 31
WILLIAMS, Assayer.
San Xavier Mines, Jan. 11,1879.
during Mr. Sykes’ visit to the
mines of the Compaq-, he selected ore from the
MINING PROPERTY OF THE COMPANY. dump of Union Shaft, samples of which can be
The mining property of the Calabasas Land seen at branch office of the Company in New
and Mining Company consists of the San York that assay over $1,200, $1,800, $27,000,
Xavier, Arizona King, Arizona Queen, Patter¬ $3,460, and $4,600, respectively, per ton in
son, and Democrat, in
the celebrated San silver, and 65 per cent lead.
In March,
sufficient to establish the claim that there will be
steady increase in the value of the whole nroperty. Each year, they believe, wjll see a larger
population and more extensive improvements,
which will necessarily enhance the value of the
stock and property of the company. In ad¬
dition to the town of Calabasas, there are six
valuable mines, which wait only the combina¬
tion of industry and capital to place their hid¬
a
den treasures in the hands of stockholders.
For further information and orders for stock,
address
Chauncey T. Bowen,
BROKER,
THE OBJECT OF THIS COMPANY.
Xavier group
bnildl
commercial centre of trade for the mining
and railroad interests of that section, of which
up a
upon
ASSAYS OF ORE FROM UNION SHAFT, SAN
school purposes, one
of mines, and Buena Vista. The
San Xavier lode is near the Papa go Indian
settlement of the town of Calabasas and
From the Tucson (Arizona) Star of May 8 the
$10 per share ($350), one corner lot upon Sonofollowing information is obtained in regard to ita or Santa Cruz avenues. For 30 shares, at
the developments of the mining property of the
$10 ($300), one inside lot on Sonoita or Santa
Calabasas Company: “Work on these mines is
Cruz avenues. For 30 shares, at $10 per share
progressing at a rapid rate. Enough men are ($300), one comer lot upon Lulu, Market, Plum,
employed to run both night and day * shifts,’ Walnut, Maple or Ash, or between Market and
and only few mines in Arizona can show an
River streets. For 25 shares, at $10 per share
amount of development equal to these. One
($250), one inside lot upon Lulu, Market, Plum,
shaft is already down to a depth of 115 feet, and
Walnut, Maple, or Ash, or between Market and
has drifts aggregating about 80 feet. This is
River streets. For 23 shares, at $10 each ($230),
called the ‘ C ’ shaft, and is in mineral its entire
lot upon Orange, Birch, Oak or
one corner
depth, the vein at the bottom being 39 feet in School streets. For 20 shares, at $10 each
width. On the dump at the mouth of this shaft
($200), one inside lot upon Orange, Birch, Oak or
are about 1,100 tons of ore.
The ‘ Union,’or School streets. For 18 shares, at $10 each ($180),
working shaft, is on the line dividing the Cala¬ one corner lot upon Cherry or Pine streets. For
basas and San Xavier property, and has already
15 shares, at $10 each ($150), one inside lot upon
reached a dephth of 100 feet. It is boarded or
Cherry or Pine streets. For 12 shares, at $10
cased from top to bottom, the intention being
each ($120), one comer lot upon Magnolia, Pop¬
ultimately to put on a hoisting cage. The third lar, Chestnut or Cedar streets. For 10 shares at
shaft has reached a depth of about 90 feet, and
$10 each ($100), one inside lot upon Magnolia,
jn its course has discovered some very rich ore Poplar, Chestnut or Cedar streets. The lots are
bodies. Mr. Ben Williams, superintendent of
all desirable, and the difference in price is gov¬
the working of these mines, is a very quiet gen¬
erned by the distance from the main avenues
tleman, who evidently understands his busi¬ and business centre. To the purchasers of 100
ness.
The maimer in which he has systematized
shares, at $10 each ($1,000), one extra lot will
matters and the ingenious labor-saving con¬
be given. Persons ordering stock and leaving
Guaymas, on the Gulf of California. This road,
after leaving New Mexico, takes the name of the
New Mexico <fc Southern Pacific Railroad, and
from the Arizona line the name of the Sonora
will
feet along the well-
DEVELOPMENTS OF THE MINES.
of the Santa
Valley, and is only ten miles from the
Mexican line of Sonora. The Atchison Topeka
& Sante Fe Railroad is extending its line to
It is projected to run
formation, singularly rugged in outline,
two miles in either direction, being
over
location occupies 1,500
defined lode.
Cruz
Railroad.
the
is a
nearly as broad one way as the other, with each
main front almost due east and west. Each
CALABASaS.
Calabasas is situated at the head
found
rises abruptly for 300 or 400 feet from
table-land or bench referred to already. It
PERKINS, CIIAS. P. SYKES
’
The
Company propose to secure a permanent Room 6?*
No. 115 Broadway* New York.
@FedFRASER