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HUNT'S MERCHANTS' MAGAZINE.
|i
gew
^^ufely
151
iJ
aire
»,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE
VOL.
NEW
26.
YORK, JUNE
THB
Jesup,
National Bank-Note
ONCORPOEATKD KOVEMBKR,
OFFICE, No.
1
WALL
STREET,
"^
THK
01*
Onited States Bonds, Notes, Cnrrenoy
and National Bank Notes.
BNSRATiNa AHD PsiN'mia or
BiNK-NOTES, STATB AND RAILROAD BONDS.
POSTAOE AND BETENtTB STAMPS,
CERTIFICATES. DRAFTS, BILLS OF E.10HANGI,
AND COMMERCIAL PAPERS,
with tpteiat t(i^t'
tPMrda deviBed and pattnttd, to prerent counter
leitiag and alterations.
in the highest stylo of the art
<
This Company engraves and prints bonds, postaga
Itamps and paper money for various foreign
Uovcmments and Banking Institutions South
American, European, West India Islands, Japan, &e.
—
CotnmunieaHona may beaddretteii to thtt
Company in any language,
H. VAN ANTW ERP, Pres't.
MACDONOIGH, VIce-Pres'U
A. D. SHEPARB, Treasurer.
JNO. E. GURBIBB, Secretary.
J.
J.
Asa
F. Fottzb, Frest.
&
Paton
53 William Street,
Accounts and
Co.,
HAAB.
NEW YORK.
Sak'l D. Davis.
J.
HKNOSTLKB.
Buy and sell Railroad Investment Securities. Colect Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents for the sale of STEEL KAILS made by the
Cambria Iron Companj,
JOBNSTOWN, PESN.,
AND THE
Edgar Thompson Steel Co. (Limited),
P1T7SBVH0H, PENX.
BROKERS,
GOVERNMENT BONDS, MUNICIPAL ANDRAII^
ROAD SECURITIES BOUGHT AND SOLD ON
J. H.
C. 7.
KtTKBNEUUNDT
Haar & Co.,
BANKERS AND BROKERS,
R. T. Wilson
Sptclal attention paid to
WALSTON
Sah'l PniLLips, Cashier.
BOSTON
Capital,
Surplus,
'
Special attention
given
to
$400,000
300,000
COLLECTIONS, and
prompt remittances made on day of payment.
Boston business paper discounted. Correspondence
I nvited.
P.
RAILROAD & MlSCELLANEOrs SECI7RITIE8
Bonght and Sold on Commission.
Virginia Tax-ReceitabU Covpons Bought.
sovruEns securities a specialty.
LOANS NEGOTIATED.
A. H. Brown
&
Co.,
Bankers and brokers,
7 \KaXl
St.,
Cor. Neiv,
New
Ifork.
INVESTMENT SECURITIES.
Special attention to boalness of country banks.
Petty.
13
RAILROAD SECURITIES.
AJiD
BAXKER,
Stocks, Bonds, Gold and Government Securities
bought and sold for cash or on margin.
Southern and WestGrn State, Municipal and I^aUroad Securities made a specialty.
Mining Stocks bought and sold at New York and
San Francisco Exchanges.
Correspondence solicited.
HilmerSjMcGowan & Co
GOSSLER
NBW ORLEANS
U.S47.)
Com
HambDrg and
HAMBURG.
63
&
Co.,
BANKERS.
CEDAR STREET,
Tn addition lo a General Ba- king BuMncss.
sc'.I
Government Bonds and Investment
buy and
Securities.
Gwynne & Day,
[Established 1394.]
No. 16 Wall Street.
Transact a general banking and brokerage business
In Railway shares and bonds. Government secnrltlei
and Gola.
Interest allowed on deposits.
Investments carefully attended to.
Kountze Brothers,
BANKEBS,
13
WALL STREET, NEW YORK,
Issue Letters of Credit, available in all parts of tha
kills.
Hatch
&
No. 13
world
Foote,
W^ALL STREET,
Binr Ajro sell
:
also.
MISCELLANEOUS SECURITIES.
Time and Sight
BANK OF LONDON.
McKim
OOVKRNMENT BONDS, GOLD. STOCKS AND
IiA
or
London, (Limited.)
HOUSE IN EUROPE,
JOHN BEBENBERG, GOSSLER Sc CO
m
Special attcRtion paid to the negstlatloB «f
Co.,
Sc
Bank
International
FOREIGN EXCHANGE AND GOLD,
63 Wall Street, New York.
BANKERS,
166 onAVIKR STREET
TO State Street.
Street.
Gilman, Son
Petty & Bostwick,
BROAD STREKT, NEYT TORK.
BOX
BOSTON.
YORK,
lai Pearl
Jobs Suev eld.
8/B. Bostwice.
BROKERS
BBOWII.
SPECIAL ATTENTION GIVEN TO THE NEGOTIATION OF
Member N.T. Stock Exchang:^.
merclal
:nERCUA>T
STREET,
O. St.
(P. O.
Charles G. Johnsen,
I. I.
SciDiM Gbaht.
J. N.
DZALER8 IN
A
A.
OOBBE9POXDENT8 OF
THANSACT A GENERAL BANKING BUSINESS.
STOCKS BOUGHT AND SOLD ON ."MMISSION.
INTEREST ALLOWED ON DEPOSITS.
R. A. Lancaster & Co.,
BANKERS AND BROKERS,
6G BBOADAVAV, NEW YOBK,
First-Class Investment Securities.
GOVERNMENT BONDS. STATE. ClTT, COUNTr,
IV
rBKD.
BANKEBS,
BANKERS AND BROKERS,
Maverick National Bank, No. 33
BEOWS.
34 Pine Street, New^ York.
NEW
Company,
B.
Walston H. Brown&Bro.
EXKCLTED AT THE PHILADELPHIA
AND BOSTON STOCK EXCHANGES
&
Co.,
2 Exchange Court, Neiv York.
OltDEKS
Grant
&
BANKERS AND COMMISSION MERCHANTS,
45 WALL STREET.
DEALERS IN SPECIE AND UNITED STATES
SECURITIES. Buy and sell Stocks, Bonds, and Gold
for cash or on margin.
orders for Investments.
ST.,
All business relating to the Construction and Eqnlpraent of Railroads undertaken.
Davis,
COMMISSION.
C. D. Woon.
WILLLAM
York.
C(JR.
New
Agency of Banks, Corporatloas,
upon favorable terms.
PINE STBEET,
S. Kennedy & Co.,
BANKEBS AND IQEBCHANTS,
41 CEDAR,
Dividends and Interest collected and remitted.
Act as agents for corporations In paying coapons
and dividends, also as transfer agents.
Bonds, stocks and securities bought and sold on
commission.
Sound railroad and municipal bonds negotiated.
Funds carefully invested In Western farm mortgages, and the Interest collected.
No. 31
J.
York.
firms and Individuals received
Wood
&
BANKEKS AND
678.
Financial.
BANKBRS,
New
Co.,
1859.)
NEW YORK.
EHSB^TEBS
NO.
22, 1878.
Financial.
Financial.
UNITED STATES
47
Bills
on the
UNIOK
Cable Transfers made.
Brothers
BANKEKS,
WaU Street, New
&
Co.,
VorK.
:
;
:
THE CHRONICLE.
Canadian Banks.
Canadian Banks.
Bank of Montreal.
Imperial Bank of Canada
Foreign Exchange.
&
Morgan
Drexel,
Co.,
WAI.Ii STREET,
COKNEB OF BROAD, NEW YORK.
&
Drexel
No.
31
Drexel, Harjes
Co.,
South Thibd
St.,
31
Capital,
&
Co
Boalevard HaaBsmanc
CAPITAL,
SURPLUS,
Paris.
Philadelphia.
DOMESTIC AND FOREIGN BANKERS.
Attornktb and Agents of
RlesRrs. J. S. inORGAN & CO.,
No. 82
OLD BROAD
Brown
LONDON.
ST..
&
Brothers
Co.,
THEY ALSO ISSUE COMWKERCIAL CREDITS
MAKE CABLE TRANSFERS OF MONET BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.
S.
G.
&
G. C. Ward,'
AGENTS FOB
BARING BROTHERS
COJTIPANV,
&.
62 WALL STREET. NEW YORK.
28 STATE STREET, BOSTON.
^^
Stuart
33
&
Co.,
Nos.
C. F.
SnilTH, PAYNE Sc SlttlTH'S,
BANKERS, LONDON
raANCHESTER & COUNTIT BANK,
• LIMITED"
JOHN STUART &. CO., Bankers,
MANCHESTER, PAYABLE IN LONDON
ULSTER BANKING COmPANT,
;
;
BELFAST, IRELAND
AND ON THE
London
&
Seligman
Co.,
Issue Letters of Credit for TraTelers,
Payable in any part of Europe, Asia, Africa, Australia
and America.
Draw Bills Of Exckange and make telegraphic trans*
fers of money on Europe and CalHornia.
&
John Munroe
Co.,
No. 8 "Wall Street, New Vork,
4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
raUNROE & CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO.,
N0TS8
Ain>
LONDON.
Gbsdits fob Tbatzlxbs.
Knoblauch
Lichtenstein,
BANKERS,
St., cor.
No. 52
Cashiel
Lombard
Agents In New York:
Bank of Montreal,
59 Wall street.
street.
Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian business paper, payable in gold
or currency, dlst^ounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold or currency draft on New York.
The Bank of Toronto,
CANADA.
Reserve,
$2,000,000.
HEAD
$1,000,000.
OFFICE, 1 0RONTO.
DtiNOAN CouLsoN, Cashier Hugh Lbach, Asst. Cash
Branches at Montreal, Peterboro, Cobourg, Port Hope
Barrie, St. Catharines, CoIIlHgwood.
BAN KEKS:
London, England.— The City Bank.
National Bank of Commerce,
KT,„
YoEK. ij ^. p sniithers and W. Watson.
NBW [-„„,,
Collections made on the best terms.
WALL STREET.
Foreign Bankers.
Banque
Anversoise,
Centrale
Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MacTAVISH.J Agents.
..„.ts
}
G. M. MORRIS,
Demand
Commerce,
of
No. 50
\rALL STREET.
$6,000,000 Gold.
$1,900,000 Gold.
Capital,
Surplus,
Buys and
Sells Sterling
Exchange, and makes Cable
Transfers of Money,
issues
Commercial Credits available everywhere.
l".
h'.
Antwerp.
Paid-Up Capital,
The Canadian
GOADB^. } Agents.
Merchants' Bank
C A
-
&
Credit
Co.,
Pearl Street, Nenr Tork,
ASXNTB FOB TH»
tONDON AND HANSEATIC BANK,
OiiianD),—LONDON.
-
9,000,000 Francs,
•
BOARD OF SIBECTORS
FiLix GmsAB, President.
,
„,
„
ALRKKD JiAQtiiNAY (Graffl& Moqulnav), Vice-Prcs.
J. B. Von tek Becke (B. Von der Becke).
Otto Guktuee (CoruelUe-David).
Ehue de Gottal.
.
„,
,
Ad. Feank (Frank, Model & Cle.)
,
Atio.
Nottebohm (Nottebohm
,
Freres).
Fb. Dhanis (MlcblelsLoos).
.
Jon Dan. FnuKMiNN, Jr. (Joh. Dan.Fuhrmann).
Loots Webes (Ed. vieber&Cle.)
Jules Ractknsteai. ch (C. Schmid * Cle.)
TRANSACTS
GENERAL BANKING
A D A.
A
BUSINESS.
Adolph Boissevain & Co.
BANKERS
AND
-
OFFICE, MONTREAL.
COMMISSION MERCHANTS,
GEORGE HAGUE, General Manager.
WM. J. INGKAM, Asst. General Manager.
BANKERS.
National Bank of the liepuullc.
The New YorK Agency buys and sells Sterling Ex-
change, Cable Transfers and Gold, Issues Credits
available lu all parts of the world, makes collections
in Canada iind etsewbere, aid issues Drafts payable
Demand
at any of the ottlces of the bank In Canada
drafts Issued payable In Scotland and Ireland, and
every liescrlptlon of foreign banking busluess under-
Henry
S.
BLAKE BROS. & CO
&
King
Co.,
BANKERS,
45 Pall Mall, Loudon, England.
CIRCULAR NOTES /»•«<! ij/ cAarff«, STailablo
Issue
taken.
New 'Tork Agency, No.
with
AMSTERDAM, HOLLAND.
N. Y. Correspondents.— Messrs.
ENQ—The ClydPsdale Banking Co.
NEW YORK—The bank of New Yorn, N. B. A.
LONDON.
racftsrs.
52 W^llllam
St.,
JESUP, PA TON Sc CO.
Exchange Bank
OF CANADA.
Capital Paid
HEAD
Up
$1,000,000.
OFFICE, MONTREAL.
Pres't.
C.
in all parts of the world.
Grant
R.:MURRAY,
Cashier-
Ojtt.;
Atlmke, Out,; Pabk Hill,
for
use agalntl
Execute Orders on the London Stock Exchange.
Collections on
all
Points.
Receive Deposit
and Current Accounts on favorable terms, and do
Qeneral London and Foreign Banking Business.
KING, BAILLIE &. CO., Liverpool.
NEW YORE CORRESPONDENTS,
Messrs.
SRUfCHES:
Hajoltoh,
COMMERCIAL CREDITS
Consignments of Merchandise.
Make
WARD, CAMPBELL
CO.
Sc
Boston Bankers.
Oirr.;
Bbdfoed, p. Q.
Brewster, Basset
AGENTS:
of Europe.
G. Amsinck
Sf
$5,461,790, Paid Up.
President, the Hon. JOHN HAMILTON.
Vice President, JOHN McLENNAN, Es<J.
Capital,
QUEBEC
SPECIAL PARTNER,
DEUTSCHE BANK. Berlin.
IfiO
WILKIE,
;
THE
rates; also Cable Transfers.
Exchange Place,
NEW YORK.
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters of
all priiicipal cities
J
Commercial Credits Issued for use In Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable In
London and elsewhere, bought and sold at current
M. H. QAULT,
&
89 William
A „„,.
-a-genis.
Bank of British
North America,
HEAD
59
CORNER BROAD STREKT, NEW lORK.
CiBOirLA.It
)
No. 9 Blrchln Lane.
AGEIVCK OF
D. A.
OF
BANKERS,
EXCHANGE PLACE,
No.
;
OFFICE, TORONTO.
Dealers in American Currency and Sterling Exchange-
Capital,
Office,
ALSO,
J.
HEAD
of Canada.
CABLE TRANSFERS AND LETTERS OF CREDIT
& W.
$1,000,000.
HOWLAND, President
93
;
Dominion
S.
Agents in London:
BosANQtmT, Salt & Co.,
Bay and sell Sterling Exchange, Francs and Cable
Transfers; grant Commercial and Travelers' Credits, available in any part of the world issue drafts
on and make collections in Chicago and throughout
.
NATIONAL BANK OF SCOTLAND.
Smitheks,
Waltee Watson,
Bank
EXCHANGE ON
General Manager
NEW YORK OFFICE,
59 &, 61 TTALL STREET.
J.
NASSAV STREET.
BILLS OF
ANGUS,
H.
BeaKCHBS :-ST. CATHERINES, PORT COLBORNE,
ST. THOMAS, INGERSOLL, WELLAND.
President.
R. B.
the
N*. 59 W^ALI. ST., N. ¥.,
iMue, against cash deposit, d, or satisfactory guarantee of repayment. Circular Credits for Travelers, in
dollars for use in the United States and adjacent
countries, and in pounds Stirling for use In any part
of tlie world.
$12,000,000, Gold.
5,500,000, Gold.
•
QEOBQE STEPHEN,
Deposits received BUbject to Draft. Securities, Gold.
Ac, bought and sold on Commiseion. Interest allower
on Oeposits. Foreign Exchange. Commercial Credits
Circular Letters for TraTelers.
Cable Transfers.
available In all parts of the world.
XXVL
[Vol.
(CITY) .-Owen Murphy.
NOVA SCOTIA.—Merchants' Bank of
FOREION AGENTS
Sterling and American Exchange honght and sold.
Interest allowed on Deposits.
Collections made promptly and remitted tor at lowest rates.
Co.,
BANKERS,
Halifax.
LONDON.—The AJliance Bank (Limited).
NEW YORK.—The National Bank of Commerce.
Messrs. Hllmers, McGowan * Co.
CHICAGO.— Union National Bank.
BUFFALO.-Bank of Buffalo.
&
No. 36
CONGRESS STRERT,
Boston, Mass.
Dealers in Stocks, Bonds, Gold and
Commercial
paper.
Orders execnted on Commission at Brokers
Anctlons, and Frlvote Sale.
InyestmeBt Securities constantly on hand.
Board
I
Junk
22,
Botilon BankerN,
Oco. Wu. Utixou.
Uxonei H. Holt,
Member N. T. Stock Kzchange.
«eo.\Viii.Balloii&Co
«
WALL STRKKT,
8
New
DEVONSHIllK
ST.,
&
i".
Agents, J.
AW.
-
£
Scli^man
St.
Co.
$6,000,000.
1,55 0,000.
FRK1>'K K. LOW,
M»na»<.rs
lONATZ STKI NH ART, (1 "*"•""•
L'LIENTHAL Cathler.
N.
CAPITAL,
&
N'KKri>i.
UKVON8HIRK STRKKl'
Stackpole,
•tOSTOiS,
and
City
C. T.
LEGAL DEPOSITORY FOR MONEY.
Wjc. Whitzweiout, 2d Vice Prett
&
Co.,
BANKKKS AND BROKERS.
HALTIIT.OltE.
INVK8TMKNT and VIRGINIA aKCUKITlBU
CHR1STENSE^J,
;
PAYNE & SMITHS,
UNION BANK OF LONDON.
Bankers, London, SMITH,
a
do
Correspondence solicited and Inforntatlon far
«l i.ed.
N. '^. CoBssfiPONDSNTs— McRliD Brotherft A ^3.
d»
do
New
York, Tllc
The Brooklyn Trust Co.
Cor. of HoDtag:tie
BANK of NEW YORK, N.B.A.
Capital, Paid up is Gold,
STOCK BROKER,
WALNV
WALNUT
P .1 ILAOEI^PHIA.
303
OrderR
he
Austin,
PLACE (316
ST.),
New York
Laidlaw & Co.,
Boards.
BANKERS,
W
^. WITT.tAM*.
CHAS. B. HILLZR.
JNO. W. XILLXF,
Co.,
BANK BRS,
MOBILE, ALABArni.
Special atreDlion paid to coUecttonA, with prompt
nmlttanoee at cnrreut rates of exchange od day of
:«ftjineBt.
CorrettpondentB.
— Gennau
American Bank,
York ; Loi4ataQa National Bftnk.
of Liverpool Liverpool
New
New Orleans Bank
;
,
A. E. Wai^kxb, Cashier.
B. B. BvBRir&s, Pree't.
Receive deposits and transact a general banking
business execute orders at the N. Y. Stock Exchange
for Stocks, Government, State, Municipal and Railroad Bonds and Gold.
;
&
Thos. P. Miller
Particular attention given to the purchase and sale of ininlns; Stocks In San
Francisco, for wblch we bave the best
facilities; abo all other California Securities.
issue Bills of Exchin^e. Letters of Credit and Telegraphic Transfers on London, Yokohama, Shanghai,
Hong Kong, Honolulu, Virginia City and San Francisco.
National Bank,
First
Brooklyn. N. Y.
U
transfer books, or make purcbaae and sale of Qot*
emn. ^nt aid etber securities.
Keligioae and charitable tnatltutions, and persons
anaccuBtomed to tne transaction of bualuess, will find
this Company a safe and convenient depository for
money.
RIPLEY ROPES.PresIdent.
CHAS. R MARVIN.
vice-Pres
t.
M. Cullsk, Counsel.
TROSTEEfl:
Henrv Sanger,
Alex. McCnn.
J. 8. Rockwell,
John P. R»Ife,
Chas.'R. Marvin, A. A. Low.
Thomas SulllvHO, A'>m. R. Baylls, Henry K .i^^held. in
tf K. Pierrepont.
Dan'] Chauncey, John T. Mnrtln,
Alex. M. White.
Jo»lRh O. Low. Ripley Rones,
B!j>ga.b
.
Austin Corbin.
Wm.
Edmund W.
R.
Corlles.
BnNKKR.
8«.-rpUr»
A. C. Burnham,
CHAMPAIGN, ILIi.,
OFFERS FOR SALE
REAI. KSTATE FIRST ITIOBTGAOB
COUPON BONDS,
[EstabliBhed 1861.]
amounts of $1,000 and upwards, yielding EIGHT to
per cent semi-annual interest, and negotiated
through the bouses of
BURNHAM, TREVtCTTit HATTIS, Champaign., lU.
In
BURNHAM
BURMIAM
<t
(ft
TULLEYS, Council BluJTs,
BEYER. GrinneU, loica.
BURNHAM, ORMSBY
Joira.
CO., Emmetuburg, loxoa.
AH these loans are carefully made, aft«r peraonftl
Inspection of the security, by members of the above
firms, who, living on the ground, know the actual
value of lands and the character and responsibility of borrowers, and whose experience In the business for the past SIXTEEN YEARS has cnablod them
to give entire satisfaction to Investo rs.
A
Solid
it
TenPer
Cent.
OLD AND TRIED.
Bonds, Stocks, SAVINGS BANKS EVEN, prove
The old CENTRAL ILLINOIS L,OAN
stands unmoved amidst the storm, if you
wish Investments AltcOLUiELY SAFE IN ANY
CON'TINGENCV, addresf*. for circular—" Actuary of
brittle reeds.
AGKNCY
KANSAS, MISSOURI * CENTRAL ILLINOIS LOAM
A QKNCT," Jaoksoitville. III.
Bankers and Brokers.
&
Trask
Francis,
BANKERS AND BROKERS,
'sV
Leonard,
sts.,
ant!
CoUectloni made on lU part* of the United States
Adams &
Clinton
TEN
AGENTS FOB THE BANK OF CALIFORNLA,
No. li Pine St., New York.
Soulliern Bankers.
-THOS. p. ^ri.I.«R,
t5,(X)0,000.
WM. ALVOKD, President. THOMAS BROWN, Cash'r.
B. MURRAY, .IB., Asst. Cashier
BcockM and Bondi) promptly ezeotited at
to
PhUadelpt'--i and
St
Cempany Is
trator.
can act as agent In the sale or manaBement of real
estate, collect Interest or dlrldends, receive registry
The Bank of California, San Francisco.
Bell
H. OGILVIE, Secretary.
anthorlzed by special cbarit<r to act
aa receiver, trustee, guardlac, execaior or admlnt**
Commercial and Travelers' Credits available
In any part of the world. Draws Exchajige, Foreign
and InlanJ,ani makes Trans ers of Money by Telegraph and Cable. Gives specUl attention to Gold and
Silver Bullion and Specie, and to California CoUcc
tlone and Securities and arranges to pay Dividends
on such securities at due dates.
ipectalty.
Sahukl Willbtb,
Wm. WiiiTZWRionT,
Geo. Cabot Wabo,
TlIZODORE ROOSEVELT.
G. G. WU^LIAXS,
Street.
Issue
Wilson, Colston
lent.
EXECUTIVE COMMITTEE.
M. MCLZAN,
Augustus Scnztr.,
E. B. Wksley,
gents.
CHARLES W. CHURCH,}^g'
Phila. St Baltimore Bankers.
$1,000,000.
Interest allowed on Deposits, which may be made
and withdrawn at any time.
N.B.—Checks on this Institution pass through ttie
Clesrlng-Housc.
EOWARI) KINO, PrutHenl.
J. M. MoLkan, Uf Vice-Pre^t^ent.
This
Weateru
.
.
Authorized by law to act as Executor, AdintnlstraGuardian, Receiver, or Trustee, aid Is a
J.
Capital, paid up.... $10,00.^,0^0 Gold.
Surplusi, (invented in
U.S.BonUs)
2,500,000 "
Co It II ty BoiidM.
-~T
.
tor.
J.
Parker
J.
-
St.
HAS SPECIAL FACILITIES FOR ACTING AS
Transfer Af^ent and
Registrar of Stocks.
OF SAN FRANCISCO.
New York Agency, 62 Wall
YORK,
No. T8 Broadtvay, Cor. Sector
The Nevada Bank
•DKALBB8 IK QOVEBKMENT BECU.UTIES, Gold,
f tale. City, Coanty acd Railroad Bonds.
Sell
LONDON, Ucad Ofllco, 3 Angel Conrt.
SAN FRAN CISCO Office. 432 Callfomia
NEW
OF
(LIMITED),
Co.,
BANKKKS
Kor and
UNION TRUST CO.
Anglo-Californian Bank
Transact a general Banking Dullness. Issne Com
merclBl Credits and lllllt of Exchange, arailable In all
pa^ts of the worM. (;otiect1ons and orders for Bonds.
Stocks, etc.. exei;ntftd npon the Miost favorable term*.
40 STATE STREET, BOSTON.
7«
Financial.
THE
Anthorlzed Capital, •
Paid-up and Reserve,
Municipal Bonds.
Chas. A. Sweet
Western Banks.
NEW YORK
Boston,
York,
BANKKRS AND DEALBRS Qt
a
m
THE CHRONICLE.
1878J
70 Broadway & 15
New
St.,
New York
Transact a Oener&I Banking Business.
DALLAS, TEXAS.
Moody A Jemlion
Kev York Correspondent
THE
OITir
BANK OF HOUSTON,
Capital, 9500,000,
H o'u STON,
Texas.
COR. OF
WGEMS.
%W
WALL STREET AND BROADWAT,
New
York.
purchase and sale of STOCKS,
BONDS
and
GOLD
Investment Secnrltles For
p. O. BOX 2,641.
A. H. KlODBB.
C.
W.MCLZLU.N, Jb.
F. PkhZZL,
f resident.
"
}
STATE BANK,
(Incorporated
J
ua.f
Sale.
W. TBABZ
Albert E. Hachfield,
WALL STREET, NEW YORK,
C. T. WaUCXB
Cashier.
German Bank,
I
LITTLE BOCK, ABK.:
CAPITAL
WALL STREET,
Geo. H. Prentiss,
«x
Room
BuBPLCB
Prompt attention given
Flrst-Class Investment Seenrltle*,
CITY BONDS OF ALL KINDS,
Bailsoad Bosss axd Bohtiibbx Szovsmzs or
ALI. DZSOBIPTIOHS.
WANTED.
afi,000.
to all hnalness In onr line.
M. T. CoBBB8Po:n>ZN-T8, Donnell, Lawsoa A Co. and
tte MetropoUtu National
Baolc.
Sonthem
Railroad Bonds, ail kinds.
Toledo LogaoBpprt * Burlington Oon<l.
Kansas PaoUIOKailroa: uonds.
Union A Lognnsport Bonds.
IndunaptUs A viacennei Bonds.
80
23.
BROAO STBSBT.
GAS STOCKS
nzALs nt
$75,000.
(PAm-iH)
Stocks,
GAS STOCKS,
18
•C.
Beers, Jr.,
Brooklyn
for cash or on a margin.
Cashier.
Western Banks.
celved on favorable terms.
N. T.
Transact a General Banking Business, including the
We
give special attention to coUectlons on all accessible polnu.
DiBBOTOBS.—Benjamin A.Botts. Preset: C.S.Long*
eope. W. J. Hntshlns. F. A. Rice, C. C. Baldwin, W. B.
BENJ. A. BOTTS, Presl.
Botts. Bob't Brevster.
B. F.
STOCKS, BONUS and GOLD Bought and Sold OD
Commission, and carried on Margins.
Deposits Kecelved and Inteicst Allowed.
Accounts of Country Banks and Bankers ra
cG Co.
BACKERS,
[BAKKBBS,
A SFECIALTY.
Brooklrn Securities BouBbt and Sol4
J.
Alden Gaylord,
33 W^aU
St.,
New York,
DBALZB IX
ST. LOriS CITY tc COUNTY BONDSj
AKD ALL CLASSBa OF
INVESTMENT * MISCELLANEOUS 8KCU1UT1KS
K«(er> by |i«rmliiloB to W. S. Niclioli * Co, Bankan
:
THE CHRONICLE.
IV
Financial.
Financial.
BANK
NATIONAl,
THE HANOVER
CITY OF NEW YORK. Kew York, June
OF THE
)8,
1878.-DIVIDEND.— The Board of Directors have
this
day declared a Dividend of
THREE AND A H ALF
free of tax, payable on the let of July
20th
next. The transfer books will be closed on the
Inst, and will be rc-opened on July 1,
GEO. W. PE1JKIN8. Cashier.
BANK,
MEXKOP01.ITAN NATIONAl,
-DIVIDEND.- The
New
1818
21,
Directors of the Metropolitan National Bank have
of FIVE
this day declare I a Seml-Annual Dividend
of the current six
(5) PER CENT out of the earnings
next,
July
of
Monday
months, payable en the first
which
until
the transfer books will remain
tlnie
GEO.
closed.
McGOURKEY',
J.
Delaware and Hudson
Mortgage
Canal Company
Seven Per Cent Bonds
rpHE BINK OF NEW YORK, NATIONAL BANKING ASSOCIATION, New
June 21, 1878.— The Board of Directors have
declared a
CENT, free from
tax, payable
until July
day
on and after July
from
transfer books will be closed
The
York,
this
THREE AND A HALF PER
Dividend of
R
6.
FERRIS,
B.
1.
June
24th
Cashier.
rpHE ORIENTAI< BANK, New York,
Jane
IS,
187B.— DIVIDEND.-A Dividend
PER CENT
Ju*y
1,
has this day been declare:, payable
(")
free of
FIVE
of
all tax.
C.
W. STARKEY,
Cashier.
rpRABESMEN'S NATIONAL BANK,
New
York, June
20,
THEBE
1873.-A Dividend of
AND ONEHALF PER CENT
be paid on Monday July
free of tax, will
(3>i),
OF THE
ROCHESTER &. STATE EI.\E
RAILWAY COMPAKY.
The Rochester
<fc
State Line Raihoay rnns from the
City of Rochester to Salamanca, in the State of New
York, a distance of about 103 miles. It passes
throueh
the
the
New York
the Genesee and
valleys of
rich
Wyoming, a-d forms
the connecting link between
Central and the Atlantic
&
Great
Ihe ehorte-t and mos' direct
route for all the i^ew England business comirg
from the Sonthweetern States. A pipe line for
tiansporling petroleum oil has been cons.ructed
Western, making
Cashier.
Financial.
First
PER CENT,
York, June
[Vol. XXVI.
i
road to the city of Rochester
alouc. The locjil business is very large, a? the road
passes through thirty towns between Rochester
and Salaman a, in v hich there arc eleven flouring
The
mills besides various other manufactories.
bonds are a first morlgage lien, at the rate of (20,OC0
per mile, uj-on the road and its equipment. We
offer for sale a limited
amount
of these
Bonds
W ALSTON
H.
BROWN &
BRO-,
^
UNION Titl^EGRAPH
WESTERN Tebascekk's
Offick, New Tobk,
1
The Board of Directors have declared a Quarterly
Dividend of ONE AND ONE-UALF PER CENT upon
the Capital Stock or this Company, from the net earnings of the three months ending June 30, Ini^tant,
payable at the office of the Treasurer on and after the
15th day of July next, to shareholders of record on
the 20th day of June.
The transfer books will be closed at 3 o'clock on the
aftemcon of the 20th Inst, and opened on ihe morning
of the 16th of July.
R. H. ROCHESTEK, Treasurer.
THE
T<HE GOtD COUPONS FROjn
A FIRST MORTGAGE BONDS OF THE HOUSTON
b TEXAS CENTRAL RAILWAY,
due July
1st, will
be paid for the Company on presentation, less rebate
of five per cent per annum, by
JOHN J. CISCO A SON, 59 Wall street.
The
TO INVESTORS.
money
safest place to Invest your
deedd on
tlrst class
bearing Interest at
Is
;
We give best of references as
all notes.
to our standing. Address
accompany
TROWEK, WAGGONER & COCHRAN,
LOAN AGENTS, SOLLIVAN, ILLS.
E.
Bailey,
S.
PINE STREET.
7
Dealings In
Insurance
Stocks
A SPECIALTY.
Municipal Defaulted Bonds.
Holders and dealers would consult their Interests by
conlerrlDg with us. Reliable information cheerfully
furnished.
KEIiEHER &
CO.,
BANKB.RS AND BROKERS,
ST. I.OUIS.
References. — Messrs. Clark, Dodge & Co., Spcyer &
Co., New York E. W. Clark & Co., Philadelphia.
P. F.
;
H.
No. 145
L.
Grant,
BROADTTAY,
NEW YORK.
CITY RAILROAD STOCKS & BONDS
BOUGHT AND SOLD.
Bee qnotatlone of City Railroads In thlt paper
JOHN V. L. PRUYN.
ADOLPHUS HAMILTON,
OLMSTED,
H. M.
HENRY H. FARNAM
E. B. GRANT
MORE THAN DOUBLE
at
mortgage of
the amount of this
$10,000,000.
One-half of this
i
sue
is
reserved to provide for
ma
uring in 1894.
Having negotiated with the company for a por.
tion of the remainder of this issue of bonds, we
offer
them
for sale at
these bonds to investors desiring
security of undoubted character.
W^INSLOW, IiANIER &
CO.,
Comer Nassau and Cedar
Eecnred by Trust Deeds of well-improved Farms"
situated In the rxhest agricultural counties of
Ohio, and which can be sold for three or fonr times
the amount we have loaned on each.
Interest payable sjmi-annnal'y at our offce In
Boston or New York.
Bonds $500 and Jl.OW, Coupon and Registered,
on hand for immediate delivery. The security is
absolutely peifect.
CO.,
six Per Ct. Gold MnMug Fund Ronds,
UNITED STATES TRUST CO., Trdstee.
all Taxes, imposed or to be i77ipoited.
Interest payable May 1 and Nov. 1.
1903.
bonds are a direct obligation of the Cnlcago
Cnlcago
& Alton Ki:., and have a first lien over the
Kansas City & St. Louis KP..— 162 miles— In l-llsspurl.
They are recommended as a safe and desirable In-
Free of
Bonds due
Tliete
vestment.
For
cale at par
and
Interest.
JESVP, PATON & CO.,
No. M WILLIAM STREET, NEW YORK.
STOCKS
BONDS
and
At Auction.
^VALl, STREET, NEW YORK,
STREET, BOSTON.
DEVONSHIRE
72
8
Texas Bonds.
The
REGULAR AUCTION
hold
undersigned
SALES
of
all
classes of
STOCKS AND BONDS,
o>
STATE, RAII^ROAD, COUNTY AND
MUNICIPAI. BONDS,
B C U OBT AND SOLD.
WEDNESDAYS AND SATURDAYS.
ADRIAN
H.
MLLLER &
TEXAS LANDS AND LAND SCKIP FOR SALE.
Correspondence Solicited.
.
29 Broadway.
WANTED
Alabama, Sontli Carolina k. Iioulsiana
State Bouds;
New Orleans Jackson Sc fit. Northern,
MIsalsslppI Central, and mobile
6c
OIilo
City of
Railroad BondH ;
Orleans Ronds.
New
liEVY
&,
WALL STREET.
Wanted Money
TO LOAN ON APPROVED SECURITY
No. 7
IOWA, NEBRASKA AND DAKOTA.
10 TO 12 Per Cbnt Guaeanteed.
FOR SHE.
A Choice lot of Lands In different part* of the
West. Also, Western Securities. A Choice Investment. Address, for full particulars,
D. H. TAI.BOT,
General land. Scrip and Warrant' Broker,
Sioux City, lonra.
Reference.—First National Bank, Sioux City, Iowa,
SON,
YORK.
IV -ANTED.
Northern Paclllc ER. Preferred Stock and Bonds.
Oregon Steam Navigation Co. Stock.
Claims on .lay Cooke & Co.
Texas Paeltlc P.R. Land Orant Coupon Bonds.
Jefferson. Maolson & Inrt. Kit. 1st and 2d Mort. Bonds
Sandusky Maneflelrt & Newark KK. Bonds.
City, County aud Town Bonds of Ohio, Iowa & W Is.
LouUvIUe* Nashvl le UK. Stock.
Fort Wayne Jack. & faglnaw KK. Bonds.
interest'jiaylng Bonds of Soulhcrn Kallroads.
Cairo & Fulton KM. Bonds, all Issues.
Kansas i-acllic Uallroad Bonds, all Issues.
Jersey City and
SALE.
New Brunswick
7
per ct bonds, 1897.
WOT. a. Uri-El', 31 Pine
gTi'.
IN
NEW
PINE STREET,
FOR
BORG,
36
Sts.
CHICAGO & ALTON RAILROAD
BANKERS,
CHEW,
CO.,
Corner Wall and Broad Sts.
First
&
and
were appointed a special committee to make a
thorough examination of the entire property and
condition of the company. This committee valued
the property pledged to secure this issue of bonds
We recommend
;
Bonds.
Messrs.
a.
RlJXiVIXG FIVE YEARS.
J. C.
Special attention given to Compromising, Funding,
Buying or Selling Missouri County, Township and
LANDS, ROYALTIES, ROLLING STOCK,
LEASES, CONTRACTS, &c.
AT THE STOCKHOLDERS' MEETING IN 1877,
Mortgage Bonds,
Cash paid at once for the above Securities or tney
will ^e bold on coinmUslon. at seller's option.
Defaulted
THESE BONDS ARE SECURED BY A FIRST
DREXEL, MORGAN &
8 Per Cent Ohio
In trust
Improved UUdoIs Farms, at oneteml-annual coupon notes
8 and 9 per cent. Abstracts of title
third lowefet cash value
;
PAR AND ACCRUED INTEREST.
00,000
GEO. Wm. B4LLOI;
DIVISIO.V.
INTEREST,
AND ONLY MORTGAGE ON ALL THE PROPERTY OF THE COMPANY IN THE ST.\TE OF
PENNSYLVANIA, INCLUDING THE CANAL,
RAILROADS. MINES, COAL AND OTHER
now
COMPANY,
j,i^„,Ej,„^<,.«.
;
REGISTERED
tl.OOO EACH
BONDS OP $5,000 BACH.
UNION TRUST CO. OF N. Y., TRUSTEES.
the debentures
34 Pliie Street.
1917
OF
at 90
per cent and accrued interest.
7
MARCH
AND SEPTEUBER; COUPON BONDS
will pass over tliis
1.
187..
PENNSTLYASIA
PRINCIPAL DUE
it
from the Bradford Oil Regions to Salamanca, and
upward of 65 care f oil per day pass over the
road. The company is under thl same cortrol as
the New York Central, and is already earning a
[urplns over the interest on its bonded debt. The
City of Rochester invested a large amount in the
Capitil Stock of Ihe Company at par, in order to
secure a shorter line for a coal supply, and upward
of one hundred thousand tons of coal ycr annum
A. IIALSEY, Cashier.
June n,
FIRST OTORTGAGF, 4C-YEAR,
PER CENT BONDS.
St.,
Bonner &
N. V.
Co,,
BANKERS AXD BROKERS.
No. 20 Broad Street,
New
YorK.
WANTEDS
and 2d Mortgage Bonds.
Petroit & Milwaukee KU. 1st
Atchison & Pike's Peak liU. Ist Mortgage Bonds.
Keokuk & Des Moines Kli. Ist -Mortgage Bonds.
Chicago City 6 and 7 Per Cent Bonds.
FOR SALE:
LouiiVille City 6 and 7 Per Cent Honds.
Louisiana SUte 7 Per Cent Consol. Bonds.
Kansas Pacific BU., Leavenworth Branch Bonds.
Mobl e & Ohio Kallroad Sterling Bonds,
.
kmm
MERCHANTS' MAGAZINE,
Hl'NT'S
^
.H
-
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
SATURDAY, JUNE
26.
CONTENTS.
NO.
22, 1878.
678.
ditions for the safe resumption of specie payments.
It
expected that these questions will be brought up at
the Saratoga Convention, and in the light of the new
facts developed during the year, the opinions expressed
is
TUB CHRONICLE.
The Annnal Conventicn
United States Treasury Statement 614
Latest Monetary and Commercial
of the
Banks
611
n-i
Wtiat Congr. ss Did Not Do
613
The Ber in Congress
St. Louis Alton & Terre Haute
614
Ra.lroad
English
News
Commercial
615
and
Miscellaneom
News
617
THE BANKERS- GAZETTE.
Quotations of Stocks and Bonds.. 621
Secnritles.
622
Local Secnrities
Railway Stocks, Gold Market,
luvestmcnts, and State, City and
Foreign Exchange. N. Y. City
623
Corporation Finances
Banks, Boston Banks, etc
6181
Money Market, V.
S.
I
.
|
will possess a new interest.
The recent changes in the
usury laws are also mentioned as likely for the first time
to be brought into prominent notice at the Convention.
Governor Baldwin, of Michigan ; the Hon. John W,
i
THE COMMERCIAL
Commercial Epitome
Cotton
6271
BreadstufEs
633
6-27
I
TIMES.
Dry Goods
Imports, Receipts and Exports
Prices Current
...
633
634
6-35
She ^hvoniclt.
The Commkkcial and Financial Chronicle is mucd on
day morning,
trith the latest
news vp
to
Satur-
midnight of Friday
TERMS OF SUBSCRIPTION-PAYABLE
For One Tear, (including postage
ForSii Months
Annual subscription In London (inclndine postage)
IN
ADVANCE:
,$10
6
20.
10.
London
The London
Street,
......
do
1
Office.
is at No. 5 Austin Friars, Old Broad
be taken at the prices above named.
office of the CiniONici.8
wLere subscriptions
will
Advertisements.
'
Transient advertisements are published at 25 cents per line for each insertion,
but when definite orders are given for ftve, or moro, insertions, a liberal discount is made. No promise of continoou- publication in the best place can be
Clven, as all advertisers must have equal opportunities. Spccial'Notices in
Banking and Financial column GO cents per lin3. each insertion.
WILLIAM B.
wiixiAa B. daha,
& 00., Poblishers,
YORK.
79 3£ 81 William Street,
JOHN G. FLOYD, IB. f
DANA
(
NEW
Post Office Box 4592.
neat file-cover is furnished at .W cents; postage on the fame is IS
cents. V\}lumeB bound for subscribers at $1 50.
t^~ For a complete set of the Commercial and Financial Chronicle
July, 18X.5. to date— or of Hunt's Mebcuants' Maoazihe, 1839 to lt>71, inquire
at the office.
—
Business Department of the Curoxicls is represented
Financial Interests in New York City by Mr. Fred. W. Jones.
i^' The
among
General Echolls, of Virginia
great classes of topics will be presented
various speakers, the
;
the
first
affecting the public,
by the
and the
second concerning the banks and their internal relations
to each other and to their respective oflicers, sharehold-
and dealers. Under the second head will be considered the safeguards and the risks of banking, the latter
being now so heavy as to involve losses to our 6,000
banks throughout the nation, reported at more than
ers
$35,000,000 a year.
bonds of bank
officers,
the economy of
t^" A
;
Hon. John A. New, of Indianapolis, are mentioned with
other distinguished lawyers and bankers as likely to
address the Convention. The time chosen and the place
of meeting are very auspicious, and more than six thousand invitations have, we learn, been sent out. For
obvious reasons a large attendance is expected, and the
leading banks in every State of the Union are to be
represented by authorized delegations.
Two
£2
Gs.
78.
( rdered stopped by a written order, or
at the publication office. The Publishers cannot be responsible for Remittances
unless made by Drafts or Post-Oftice Money Orders.
Six mos,
do
do
Subscnptions will be continued until
Daniel, of Virginia
The
regulations relative to the
the prevention of defalcations,
expenditure,
and a variety of other
technical matters will, no doubt, claim a considerable
share in the attention of a grave, earnest assembly of
capitalists, economists and b inkers, such as will be drawn
together by this meeting.
A
more important
topics, so far as the public is concerned, will,
class of
however,
be those of the fiist-mentioned class, which are of a
THE
CONVENTION OF THE BANKS. more general nature. Indeed, it appears that to these
the chief attention of the Association is to be just now
In consequence, we presume, of the recent agitation
directed.
At least, the circular before us is almost
relative to our banking system both in and out of
wholly devoted to them, as is seen in the following
Congress, the annual Convention of the American
ANNUAL
Bankers' Association
is
to
be held
this year earlier
than
We
have received the announcement of the
committee fixing the meeting for the 7th of August at
the Town Ilall at Saratoga. Three days are expected
to be taken up with the discussions, which will, no doubt,
usual.
receive considerable attention, especially at the
West
and South, where the Association is peculiarly active and
Their Convention last year was held in this
strong.
city, and an elaborate discussion was allowed of both
sides of the silver question and of several other prominent fi-.ianci.ll topics. Among these were the refunding
of the national debt, the restrictions which sho Id be
placed upon the issue of municipal bonds, and the con-
extract:
In introducing the Tario::s discussions during our three days' sessions,
addr< sses wiH probably be given en the history of our banking system in ihe
United States, with a compaiison of its chief features with incse of foreign
banking sj stems on the agency of the banks here and abioid in negotiating
government bonds and in the refunding of public debts; on the relations
of our banks to IheTiia^ury under the existing lows of the United States;
and on other subjects llluslrdtine the present economic state and prospects of the nation, the growth or decadence of wealth and productive power,
the influence of bants upon public and privaie crtdit, the true principles or
currency reform, and the ilnancial evlli which, by weakening the fi-unaationa
•f the banking system, Inflici weakness upon all klcda of Industry, commerce
and material piogress tbrongbont the country.
The subject of usury penalties will of course claim a place in our discu».
fion", and the recent Important decision of Mr. Jns'icc Strong in the U. S.
Circuit Court for ihe Western District of PcnnsylTania. will receive due attention with the Judicial and Legi^'lative 'proceedings on the subject in other
Slates during the year, and the changes In theststnsof our banks and hankers
as rctnltlng tberefrom. Since the war, the banks have been singled out for
heavy, Invldions and mischievous taxation. In 1665, when the correspondiug
war titxes on other interests were removed, the war t^xes of Ihe banks ougM
also <o have been taken off. We are informed by Congressmen ot influence,
that f we had appealed to Congress with the other snffeting Interests wa
should, with them, have obtsioed lelief.
neglected to do so; isd tb«
;
1
We
THE CHRONICLE.
612
federal taxes on the bankc, which, throuijh Ihem, do the business commnnity
much harm, are almost the r nly surviving relics of those special taxes whicb
an enlighieiitd fiscal reform designed to sweep away at the close of the war
Besides thli question of tax repeal, wliich is so vital to the prosperity of
business, and to the very existence of many bsnlis in certain parts of the
country, thLXe are other praciicil subjects which have been suggested for the
Among these is the unrestrlrtcd power to issue
attention of the convention
municipal, county and oth>r bonds, by which heavy burdens of taxation are
Being foisted upon the people. These burdens are now so sallicg as to be a
frcquint menace to our public credit at hume and abroad. It is to be feared
that, unless judicious ri-slrictions stop the reckless issues of bonds, the outcry for repuOlatior may gain strength ; alihough it is evident that the issuers
BO
[You XXVI.
not too soon to note, with satisfaction, some things
which were permitted to fail of accomplishment. The
disturbing effects of the session are too fresh to need
is
more than the
briefest mention.
When
Congress assembled, last October, an improvement in the tone and volume of business was generally
of such bonds lire the men who should be punished, and not the honest holders admitted; but instead of accepting that fact as a happy
who have given their money in good faitb forthem. Thetimehas arrived wh n
our banks and bmkers must recognize the necessity of acting together, and augury for the future, an end was promptly put to it by
of cultivating a closer union for great common objects, conducive alike to the
beginning a long series of financial experimenting, of
revival of business, the improvem'-nt of public and private credit, the stability of our financial system, and the general prosperity of the country.
which the passage of the Silver bill and the partial pas
We find in this comprehensive list of topics abundant sage of the Resumption Act repeal were the fi"rst steps.
evidence that the meeting this year is intended to be The latter bill, as is well known, early passed the House
attractive in its character, practical in its aims,
and
use-
by an overwhelming
vote, but, after a long rest in the
hands of the Senate Committee, reappeared in the form
be suiBoiently complete to give at least two important of the compromise or substitute which was accepted by
The first is as to the the House a few days ago, just as the Silver bill in its
questions adequate elaboration.
present status of the nalional banks in relation to the final shape was, as the best (worst) which could be got.
usury regulations imposed by the Legislatures in various
The currency legislation of the session thus consists of
paper giving a condensed, lucid statement of innumerable and divers threatenings, all of which
States.
the facte, and grouping the several States into two or culminated, however, in the passage of only three
three classes, would be of great service. It might be acts: the Silver bill, an unnoticed and unimportant
ful in its results.
The usury discussion
will, it is
hoped,
A
condensed within the ordinary limits of such essays, if bill prohibiting the further coinage of 20 cent
work were confided to a competent hand. Secondly, silver pieces, and the bill just referred to, which
the various steps by which the usury laws, in some of prohibits the further retirement of leg d-tenders and
the States, such as New York and Pennsylvania, have directs that all hereafter reaching the Treasury in
gradually been modified by the operation of the National any manner shall be paid out again and kept in circulaCurrency act of ] 864, and by the privileges conferred tion. Of the first of thepe bills nothing new can be
We have said; the second is of a negative character; of the third
in that statute upon the national banks.
frequently directed attention to these questions as they we have already expressed the opinion that it will probwere brought before the public by passing events and ably prove, like the first, much less mischievous in practhe
by
cases in the courts.
A careful compilation of
all
the tice than (viewing
and the present time of monetary
ease is peculiarly favorable for the purpose, the more so
because the discussion can be approached without exciting in the publij mind those prejudices which are easily
awakened when the money market is tight and the rates
facts will be of value,
from the standpoint of sound monwas intended to be. Disagreements
between the two branches of Congress, rather than any
clear financial ideas in the minds of any considerable
number of members, saved the country from the passage
of several other bills which would have heightened the
etary principles)
it
it
confusion of the financial situation. The Senate bill
number of prominent foreign making greenbacks immediately receivable for the 4 per
bankers and bank oflicers will be present in the Conven- cent bonds and receivable for Customs after October 1
of interest rule high.
It
is
believed that a
tion at its various sessions.
Such of these gentlemen as
in the House, the two-thirds necessary for its
passage under suspension of the rules not being obtained;
the House bill embodying only the latter of these two
capital is so scarce and the field for its employment so aims, p9,S8ed on the last day of the session, but was
vast, where the banks are so needful, and the facilities not acted upon by the Senate, for want of time;
failed
are visiting the United States for the first time will be
not a little surprised to learn that in a country where
they are able to confer are so indispensable, there is a and a fact which is significant enough to be worth
growing popular antagonism to our banking system, especial mention is that the sweeping two-thirds vote
which creates hostile legislation both in the States and which, early in the session, was ready in the House
by Congress, and prevents the efficiency of our banking to unhesitatingly7pass atiything that abhorred gold
machinery from growing as the work grows which it has and had irredeemable paper in it, had so dwindled that,
to do. In the United States the pressure upon our bankg on the last day, not even a majority could be obtained
year, and although an for a bill, reported by Mr. Buckner of Missouri from the
is becoming more severe year by
enlightened public policy would dictate that the banks Committee on Banking and Currency, which proposed
should be strengthened to aid the commerce and industry the substitution of greenbacks for national bank notes
of the country, it is found that here, more than any- and was wild enough to attract the support of the most
where else in the world, mischievous legislation is con- reckless inflationist. Only the month of December now
tinually proposed, which agitates and disturbs not only remains as the gauntlet of Congressional interference to
the banks but the whole business community. The fall
elections will soon be held, when the people will be
be run by the Resumption Act, and it is more than
probable that before that time the object of the act will
called to act for or against the principles of sound have been attained.
If the Convention at Saratoga can set the facts
finance.
In general legislation, the most remarkable feature is
and principles with which they are familiar in a clearer the failure of all |subsidy schemes. Senator Thurman's
light,
and can duly impress 'Ijhem on the public mind, Pacific Railroad bill also passed, notwithstanding deterfail to do a great and timely service to mined opposition, as well as his bill creating an audi-
they can scarcely
the nation.
tor of railroad accounts,
to
whom
required to furnish such reports as
WHAT CONGRESS
DID NOT DO.
House
also passed
a
bill
Pacific
roads are
may be needed
under which C. F.
;
the
Adams,
" The long session " of Congress ended Thursday, and Albert Fink, and Thomas M. Cooley are to constitute a
although some days must pass before what was done board of Pacific Railroad commissioners, with genera
during the hurly-burly of the last days can be knowQ} it supervisory powers. On the other hand, the Senate w»
June
THE CHRONICLE
22, 1878.j
613
as bad as the House in its log-rolling treatment of that urely search after adjournment.
Very naturally, in
most abominable of jobs, the Fliver and Harbor bill, and this way, the expenditure which ought to bo made
the appropriation bills have been shoved through at the is likely to be lost among the bnffetings in coc»
last
that it is almost impossible ferenco committee, while the one which ought to
what they do or do not contain. fail is likely to stay in the bill and then the sleepy
"Sundry Civil" or "Omnibus" Appropriation law-makers adjourn with a hurrah, and the country
saoh
with
to state, just,
In the
bill,
haste
yet,
;
custom
into which, as the reprehensible
member
of Congress thrusts whatever
little
is,
draws a long sigh of relief. Perhaps each Congress
no worse than the last; but surely, in the fact that*we
every
draft upon
is
the Treasury he thinks of the most vital consequence to
himself, appears to be
feel gratefijl to
included the payment of the
great evil
each for the
somehow
it
good it does and the
from doing, and that we
little
refrains
award of the Halifax Commis-^ion; this may count its adjournment a joyful matter, there is food for
count one on the right side, but on the other side must serious reflection about the causes which put the business
be counted a large number of items for extravagant of law-making into the hands of men whom the country
fisheries
and unnecessary work on public buildings all over the
we fear that one of the most objectionable
measures of all the appropriation for a building for
use of the Bureau of Engraving and Printing will be
found at last to have been retained.
As to appropriations, it is becoming very clear that
the practice of making a general grab at the public
money for the benefit of local interests, under the name
of improvements in navigation or of erecting public
buildings, will sooner or later compel the adoption of
some measure, perhaps of a strict constitutional amendment, for putting an end to it. Notoriously, these
expenditures have passed far beyond public needs and
can never trust while they are engaged
in
it.
country, and
—
*
TJIS BERLIN CONGRESS,
The Congress which began its sessions in Berlin last
week has been one of the great features of this week.
It commands attention alike from the illustrious person-
—
whom it is composed and from the importance
work which it is expected to perform. Since
the celebrated congresses which were held in rapid succession after the downfall of the First Napoleon
those
of Vienna, Troppau, Laybach and Verona
no such
ages of
of the
—
—
gathering of illustrious personages has been witnessed
Europe ; that of Paris in 1856 is not to be named in
in
comparison while the treaties to which it may give
and are birth are of the widest influence.
It is, however, scarcely time as yet to speak of its work.
favored especially by Congressmen just before going
home to canvass for re-election; they are naked, disgust- What will be the full measure of that work it may take
ing plunder, each section being determined not to be many days to determine. It would seem, however, from
over-reached by the rest. The Senate, not being a what we know of its proceedings hitherto, that it is but
"popular" body, might be expected to kill these little likely to fail of its purpose. In a business-like
schemes; but it cannot be trusted to do so, and often manner it has commenced with the questions which were
votes with the House as if public money came magi- most beset with difficulty, and the progress which has
cally into the Treasury and could be drawn out to an been made, although suggestive of difference of opinion
unlimited extent by simply making appropriaiionp. Ttiere on the part of the different representatives, encourages
seems to be no understanding of the plain faot that the the hope that its labors will result in the establishment,
nation, like an individual, must get money from some not only of a lasting peace, but of a more satisfactory
source before spending it; ami while other increase of state of things among the populations of Eastern
taxation is not popular. Congress votes to expend as if it Europe and Western Asia.
were impossible for the Government to run short of
It is already manifest that the policy pursued by Lord
money and for deficiency bills to become necessary.
Beaconsfield will secure substantial triumphs for Great
The most notable failures of the past session are Britain. Kussia may be allowed to resume possession of
in its treatment of the tariff and the bankrupt law. The Bessarabia, of which she was robbed by the Crimean
defects of the latter were plain, and there ought to have war; but she is not to be permitted to crush the rising
been ability enough in a body largely made up of hopes of the Greeks, by carrying out her cherished plan
lawyers to make a sincere attempt to cure them yet of extending Bulgaria south of the Balkans to the waters
the subject was temporarily disposed of by repealing the of the .(Egean Sea. It will not be at all wonderful if
The need, and, as must be admitted, the difiiculty the preponderating influence of Great Britain should be
law.
also,of tariff reform were never plainer than now yet noth- still further revealed by the joint offer of the Bulgarian
ing was done beyond framing a bill which was so compre- crown to the Duke of Edinburgh. Such an arrangement
hensive and sweeping in its changes and, withal, was so is certainly not to be excluded from the probabilities of
rigidly insisted upon by its author, that it was at last the early future.
After her vast expenditure of blood
decapitated without coming to vote, whereas a milder and treasure, Kussia should receive compensation ; and
and more conciliatory measure might, perhaps, have the effort will be to grant it without too radical a change
met better success. In revenue reform it is quite useless either in territory or in privilege. Her privileges on the
to try to introduce a wedge with the thick end first.
Danube and in the Dardanelles will remain qualified aa
As usual, measures of real importance were made sub- before; and it would appear now as probable, that with
ordinate to those of political intent, and Congress dallied, \ the acquisitions of Bessarabia and of a portion of northand talked, and explained, and adjourned, and passed ern Armenia, she will be compelled to content herself.
time to little purpose, until the session was far spent;
It is still doubtful whether the Congress will consent to
then the appropriation bills are taken up, like a " hard " give Antivari to Montenegro. If such a favor is granted
page in arithmetic which the reluctant school-boy turns to the little principality, it seems certain that Austria
''
to at the last moment; and, in continuous, " hilarious
will have to be pacified by compensating privileges in
sessions, prolonged through the night, items calling for Bosnia and Herzegovina.
Such an extension of Monpublic advantage; they are intended in part to gratify
local pride,
but mainly to help local
;
interests,
'
'
'
;
;
the expenditure of millions are rushed threugh with
little attention that not even
Congressmen are
such
quite sure
what has been done,
until they
make a
leis-
tenegrin territory
Austria; and
it
is
as little desired
will not
be wonderful
by
if
Italy as
by
the provisions
of the Treaty of San Stefano in this particular should
—
.
THE CHRONICLE.
614
[Vol.
XXVI.
It is not desired by any of the parties of the second and third paits are severally liable cannot
Powers, if, perhaps, we except Germany, that Russia be less than $300,000 as to each. The conference ended, and we
have not rece.ved any official notice of their intentions as to
should have an outlet to the Mediterranean; and there
also be set aside.
many who
are
clearly see that to give Antivari to
future action, but trust that the next rental note will be paid aa
promptly as iu the past. The lease of the St. Louis Alton &
Mon-
would be only an indirect way of giving it to Terre Haute Railroad main line and Alton branch was arefuUy
It is just possible, however, that by satisfying drawn up by Governor Tilden. He has repeatedly stated — as we
Austria and Italy, Montenegro may be extended so as to are informed — that it cannot bo broken. It is hardly necessary
to state that his reputation as a railroad lawyer is preeminent,
include Antivari and the adjoining coast.
and we propose to stand on his opinion and work.
manifest,
•tenegro
<
Russia.
The weight
ds
to
of British influence,
it is
already
be used in the interests of the Greeks
The guarantors
—those of
the provinces as well as those of the kingdom. It is
•not probable that the boundaries of the kingdom will be
immediately enlarged; but the presumption is that such
be made with Thessaly and
and abundantly able to
are perfectly solvent,
meet their engagements; and we
they
feel great confidence that
will do nothing to forfeit their reputation for honest dealing, or
to
throw
discredit
upon
Our construction of the
railroad leases.
by them without
lease has been followed
proti-st since 1867.
Thomas Dknky.
Veiy truly yours,
Epirus,
an arrangement will
and probably also with Macedonia, as well as with Crete
and some of the larger islands, that annexation will be
UNITED STATES TREASURY STATEMENT.
The following statement from
the office of the Treasurer for
rendered both certain and easy. Such annexation, if May SI has been issued this week. It is based upon the
the purpose of the British Government is carried out, actual returns from Assistant Treasurers, depositaries and supermay be regarded as merely a question of time. Greece intendents of minis and assay ofiBces. The delay in issuing it
revived and enlarged will be the most effective bulwark arises from the time taken in getting returns from distant offices.
figures for March and April will be found in Chronicle
against Russian aggression in the direction of the The
of
Mediterranean.
On
the whole, there
is
fair reason to
on page 509
:
for redemption of certificates of deposit,
Junes, 18!2
of
TERRE HAUTE—ITS
LEASE AND GUARANTORS.
has been ehown us by a bondholder o f the
St. Louis Alton & Terre Haute Railroad Company, as explaining
the present situation of that company as regards the lease of its
main line. It was written by a director of the company to one of
4b« largest holdera of its income bonds
letter
New
York, June
19,
Dear Sir
*'^|;??^3U
Silver
1878.
main
known
&
P. Canal Company
Inierest account, L
Fund for redemption of national bank gold notes,.
:
80
57
00
00
95
237,33132
1,440,573 50
/..'.'.'.'.
seo'oo
1,730 00
Gold coin and bul ion..
Gold cars
bus Cincinnati & Indianapolis Railroad Cjmpany and Lake Shore,
S atidard silver dollars
Silver coin and bullion
as parties of the third part.
Gold
41
00
49
44
19!,91-i,03; 43
$191,50 ',489 fS $95,263,563 69
ASSETS,
HAT
'5,2*4 265" 44
13,100,736 35
31,235,300 00
314,710 00
certificates
Silver certificates
jointly,
Old demand notes
National ba- k golrt notes
Fractional currency redeemed in
Quarterly interest checks paid
Coin coupons paid
against any default on the part of either of the three guarantors.
The parties of the first part, the Indianapolis Cincinnati & Lafay-
withdrew from the arrangement in 1867 or 1868,
and have never paid anything to the guarantee fund. The other
two parties to the guarantee have always, to date, paid the
deficiency between the earnings and the guaranteed minimum.
Last week the parties of the second and third parts met in New
York and requested a conference with us. They t'len and there
claimed that they were only responsible for their separate guarantee of $150,000 each, and requested a modification of the lease
to conform to a minimum guarantee of $300,000, instead of
$450,000. On behalf of the St. Louis Alton & Terre Haute Railroad, we stated that we felt bound to exhaust our rights as
ette Railroad,
silver
—
.
raid
Kegistcred
Unclaimed interest paid
unavailab
e
funds
Beficits,
Dutositsheld by national bank depositaries
notes
States
United
U. S. notes (special fund for ridemption of
fractional currency)
National bank notes
Silver coin received iu lieu of currency....
Fractional currency
Nickels and minor coin*
New York and San Francisco exchange
One and two year notes
Compound interest notes
Interest on 3-66 District of Columbia bonds
.Speaker's certificates, 45th Congress
interesr,
Redeemed certif's of deposit,
Pacific Railroad interest paid
Louis Railroad. If they failed to
pay us 30 per cent of the gross receipts, with a minimum of
$450,000, then we should look to the guarantors— parties of the
second and third parts on their separate guarantee of $150,000
each, and also to their guarantee for damages on account of the
St.
3
Coin.
$1 2-2,917,907 88
;
&
78,287 11
16,669
8.981
150
5,S20
615,864
09
lease to the extent of the
against the Indianapolis
338,86150
16,838,509 57
Treasurer's general account
$4,526,537
Interest due and unpaid
5,600,315
Cal ed bonds ai:d interest
52,823,M0
Coin certiticaes
16,965
Outstanding drafts
Balance, including bullion fund.. 129,941,883
annum was
They, moreover, guaranteed us severally, but not
12,134,640 25
26 36
Treasurer's general account—
Special fund for redemption of
$10,000,000 00
fractional currency
1,764,413 51
Outstandiug draft?
5,074,097 06
Balance
line
minimum rental of $450,000 per
guaranteed eeverally, but not jointly, by the Indianapolis Cincinnati & Lafayette Railroad Company, as parties of
the Pittsburg Fort Wayne & Chicago Railroad
the first part
Company, as parties of the second part; and the Cleveland ColumThe
10,497,622 00
1,440,573 5)
Currency
Repaving Pennsylvania avenue
Terre Haute
In September,
to u?, are as follows
and Alton branch were leased for ninety-nine
years to the Indianapolis & St. Louia Kailroal Company for
30 per cent of the gross receipts up to $3,000,000, with a 6xed
minimum, in any event, of $450,000 per annum. The stock of
the Indianapolis & St. Louis Railroad is owned one-half by the
Pittsburg Fort Wayne & Chicago Railroad and one-half by the
Cleveland Columbus Cincinnati & Indianapolis Railroad Company.
Railroad case, as
1807, the
6«
14
604
82
n,m;i,oj(
sx
9,316 23
Gold
.
&
Ihe St. Louis Alton
892,413 37
I
Treasurer United State.', agent for paying interest
on 3'b5 D. C. bonds
Treasurer's transfer checks outs'andlng-
:
facts of
37,190.000 00
1,870,953 00
$892,S13 3r coin,
n'ggglga, 74 cur.!
3.^10,715 08 cur., f
National banks
Fund for redemption of notes of national baiks
"failed," "in liquidation," and "reducing circulation"
Five per cent rrdemttion fund82,984,014 581
United States notes
9,150,625 67)
Nalional bank notes
Secretary's special deposit account
redemption
account
cuin
and
minor
Currency
Interest account
Interest accnunt. Pacific ^ ailroada
C mp:rolier of tlie Currency, agent for creditors...
<£•
Currency.
(
$
POBt-offlceDrpartmen account
Disbursing offlcers' accounts—
(
T,„„.
„„„.
Treasurycfflces
-j
LOUIS ALTON
The
31.
Fund
humanity generally.
:
KAT
Coin.
conclude that the
peoples immediately interested, but to the cause
The following
35,
LIABILITIES,
doings of the Congress will be a gain, not alone to the
.ST.
May
June
8,
636,2)6 00
iireooo
93,392
37,160
99,318
863,362
38,168
6,703
21,107,218
08
71
59
60
85
86
22
722.49i 28
10,484,257 29
56,695.832 66
10,000,OCO 00
14 19.5,708 59
893,696 18
75,S7!)
25
1,219.711 74
114,000 GO
10 BO
57389
1S73.
'2'i6',666'60
"s^'Tw'si
73-lOnotes purchased
Coupons, L. & P. Canal Co
$194,500,489 98
—
Currency.
$95,21)5,663 69
Pittsburg Cincinnati & St. tonis.— The following is an
approximate statement for the first five months of this year
:
failure of the parties of the first part to keep
up
to their propor-
Gross earnings, January 1 to June
Expenses for same period
tion of the guarantee.
Our claim
$150,000
event,
;
is
that they are each liable for an additional half of
or at least for one-third of that amount.
we claim
that the
minimum
Neteamings
The interest on the bonds
In any
guarantee for which the
i
Surplus
1,
1678
for the£e five
months
*''cSI'n?2
8^7,014
la
*Ji?,'il2S
.<ia,U7»
$195,36T
.
June
—
:
:
:
THE CHRONICLE.
23, 1878.]
615
^ouctitVBsCommcvcialguoUsTi|Xctus
Annexed Is a statement showing the present position of theBank of England, the Bank rate of discount, the price of Consols,
R1TB9UP 8KOHANSK AT LONDON AND ON LONUON
the average quotation lor English wheat, the price of Middling
Upland cotton, of No. 40's Mule twist, fair second quality, and
AT LATKMT OATKS.
JIXUUANUK AT LUNDON—
JUNE
OK—
7.
BXCHAMQK
0^4
the Bankers' Clearing House return, compared with the four
LONDON.
previous years
.
LATBST
DAT!.
TIM.
1877.
1878.
£
£
£
«7,»n.fl64
6,808,114
»0,078.649
13,716,691
40,039,574
98,056,978
8,»71,4jT
10.048,«30
14,675,818
17,484,651
28.288.381
7.248,543
31,703,673
15,314,.U»
19,379,635
£
r. 635,963
11,686,791
11,061,988
14,867.171
13,189.8:6
10,850,794
Coin and balllon In
iJ,C-a,716
both departments
Proporlfon cf reserve
S8,58n,e97
!7,647,181
35,236,001
232I9,5M
50-07
bank post
(hort.
Paris
montba.
i
iO.SS
30.53
80.55
Berlin
HambarR
Frankfott
'*
...
'*
Antwerp
AmftorUmn..
Ameterdam. ..
Vienna
@30..'9
^iOS'J
®ao.5«
as.8iH®95.3~X
ahort
3 months.
it.os
**
ia;10
®13
Bt. Peterebnrjr.
84
e24X
Genoe
87.65
i~.6i
@47.';o
.
»*
"
Madrid
York...
15
T.
•hort.
Jnne
Juno
Juue
Jnne
7.
abort.
1.
Smos.
to. 43
7.
short.
30.42
7.
a5.n>i
Jnne
7.
la.u
Jnne
Jnne
June
7.
Jane
Jane
Hay
May
May
....
.
Uauritlna
Bomba;
'*
CalcntU
Hong Kong...
Jane
Jane
Jane
Jane
Jane
U. 8Kd.
60 days.
it.
fHd-
....
....
....
Shancbal
AJezacdrlt ....
iS.lii
Smoe.
short.
7.
Smog
4.
coin
.
80 days.
SO days.
7.
9.
]«.
1«.
»».
5«.
6.
4.
Smog.
5.
8 13-16(/.
6l8. 8a.
8 5-160.
ClearinuHonse return.
93,832,000
3 p.
6.961,473
31,763,850
lK,.-5a,441
19,3C8,6B3.
C
4123
3p. e.
93
4U. l!d.
46s. 4d.
6Cs. lid.
50s. 4d.
7«d.
6d.
SJJd.
6J<d.
SX
c.
MV
2p.
p. c.
OVd.
Is.
Is. Id.
93,950,t03
87-41
iH
MX
p. c.
96X
lid.
9Xd.
i!ood
8l.320,t00 106,763,000 116,883,1
gold for export has prevailed, and,
moderate quantity has been
The Nepaul has arrived with
Bank.
demand
fairly active
for
in the absence of liberal arrivals, a
withdrawn from the
£682,943, of which £483,000
r.Kd.
tHd.
»7H
4.
.
Bank-rate
Consols
English whcat,av. price
Mia. Upland coiton...
No. 40's mule twl8t,ralr
Sd quality
A
9H<1-
U. B\d.
6 mos.
6.
.
lo liabilities.
is.ib
14.
28.
bills
Reserve of notes and
lidieo
«4Ji
8". so
4.
®27.70
t47X
48
S«,8S4,8T7
Public deposits
7,691,188
17,847,699
Other deposits
Goverijment securities. 13,906,154
17,999.«S1
Olher securliles
Jane
,
Riode Janelto.
Pernambnco.
liMH^li OIV
47X
"
Cadiz
New
(aii.03
£
Circnlatlon— InclndlDg
1876.
1875.
1S74.
TIKI.
The bar gold
consists of sovereigns.
London, Saturday, June 8, 1878.
The European Powers which were parties to the treaties of
has been purchased for export, but the sovereigns will be sent
into the Bank. I'he supply of silver offering is quite limited,
and the price has shown some improvement, notwithstanding that
there is scarcely any Indim demand. This week's steamer for
1656 and 1871 have at length agreed to meet in Congress at Berlin on the 13. h inst., and Europe is now buoyed up with the hope
the E.:st took out only £33,000 for Bombay. Mexican dollars
have risen Jd. to ^d. per ounce. The following prices of bullion
IFrom oar own correepondent.!
month has elapsed the
that before another
for BO long threatened to
difficulties
assume serious proportions
which have
will be plain
matters of history, and will cease to disturb the mind of the merAnd yet those who take more than
cantile and financial world.
a superficial view of things are anxious about the future. It
may, it is contended, be true that all the Powers want peace; but
the questions to be settled are delicate and dangerous, and it may
be that jealousies will crop up which will frustrate the most
benevolent designs. As far as the people of this country are
concerned, the desire is that the peace to be concluded shall be of a
dnrable character.
It
is
right that Russia should rec9ive the
compensation due to her for the heavy sacrifices she has made;
but Europe desires that her acquirements shall not trespass upon
its rights. So far, the triumph of the Biitish Government seems to
be complete, and, for the sake of Europe, it is to be hoped that
we shall in a brief period hear the last of the Eastern Question
This, however, can only refer to Its most serif us aspect, as there
educated in
is no doubt that Turkey must be taken in hand and
upon Russia by Germany and Austria.
The socialistic movement in Germany, which has assumed alarming proportions, and the opposition which has existed for some
time past with regard to Prince Bimarck'a domestic policy, have
made the German Government very desirous of doing its best to
prevent a war in Europe. There is every reason to believe that
in the
to bear
army much
discontent prevails, the long period of service
The country
being ruinous to the youth of the nation.
fact, suffering
from increasing poverty, and
it is
is,
in
scarce, while for financial purposes the
return, however,
demand
is less
is
The
very limited.
satisfactory, the pro-
in the
result is that the total reserve has fallen
supply of bullion.
oS
to the extent of
heavy expenditure
now being incurred at the dockyards and arsenals, appea's to have
been a borrower of nearly
1 ,000,000, and there has also been a
slight increase in " other securities," which is, however, insuffi
cient to justify the remark that a better demand for money has
£487,808.
The Government, owing
to the
jk:
prevailed.
The present quotations
Bank rate
Onen-market rates
30 and eo days' bUls.
3 months' bills
for
money
are as follows
:
Per ceni.
Open-marHet rates
« months' bank bills
IS&Di
i)i\
iii&i
t months' bank bills
4 and « months' trade bills. 2 ^iX
rer cent.
:
1
£7
on India was held
The amount
England on Wednesday.
»
.
.
a
..d.
-
5SK
(a. ...
®
...
D'scount. 3 per cent.
Os. Od.
sale of bills
1
...
.
3XS1
d.
peroz
Quicksilver,
The weekly
S^
i^
4
...
.
it'
S
53 7-16
...
53 13-16®. .
per oz. standard.
per oz. standard.
per oz.
Bar Silver, flue
Bar Silver, con'ng 5 grs. Gold
ii
6
allotted
at the Bank of
was £400,000
£311,146 being to Calcutta, £71,400 to Bombay, and £17,^54 to
Madras. Tenders on Calcutta and Madras at Is. 8|d. received
about 7 per cent, and at that price on Bombay in full. An
increased demand for the means of remittance to the East is thu»
indicated.
Annexed are the current
foreign markets
rates of
exchange at the principal
:
Bank Open
Bank Open
rate.
p.^c.
Puns
Amsterdam
mark't.
!X
3X
Berlin
3X
«X
4
,
Hamburg
4
Frankfort
8X
4
,
Leipzig
Genoa,...
4
5
Geneva
3
mark't.
rate.
p. c.
p. c.
I
Vienna and Trieste...
Madrid, Cadiz and Bar-
I
PC
4
4X
6®7
6®T
cclona
I
ILisbcn and Oporto....
St.
Petersburg
SX
NewYork.
4
Calcutta
3^05
4H
4
Copenhagen
4X®5
I
4H9S
Brussels
The Board
ended
May
of
Trade returns
for
81 were issued yesterday,
May and
the five
They show the
months
following-
results
portion of reserve to liabilities having declined from rather more
than 40 to 37 41 per cent. The circulation of notes has increased,
and there has also been a diminution
77
78
74
73
76
76
SII.VER.
Mexican Dollars
Five Franc Pieces
8 <L
d.
9H(( >:7 10
a.
per oz. standard.
per oz. standard.
per oz., nominal.
per oz.
per oz.
per oz.
to this slate of
things that the socialistic movement is to be attributed.
Notwithstanding that the indications of peace have of late become
more distinct, there is not at present any tendency to improvemett in the money market. Commercial bills continue very
Th is week's Bank
Abell's circular:
eoLD.
Bar Gold, fine
Bar Gold, reflnable
Spanish Doubloons
South American Doubloons
United States Gold Coin
Germau Qold coin
the ways of modern government and civilization.
There is a very general opinion that some pressure has lately
been brought
&
are from Mesers. Pixley
TmportainMay
1876.
1»77.
1378.
£
£
£
39,405.133 31,647,682 31,038.763
156,760,730 165,638,033 160,986,751
17,086,504 17,461,1.39 16.16S,07S
83,361,79« 79,928,471 79,568,762
months
ExportsinMay
Exports In five months
During the week the stock markets have been very buoyant,
and a further rise of considerable importance has taken place in
Imports in
five
that a Congress is to assemble at Berl|a
and the belief that peace will be the r<>8ult of
its deliberations, together with the easy c ndition of the money
market, have stimulated speculative buying, and home, as well as
Egyptian and Turkish stocks, have experienced a marked
improvement in value. The rise in Egyptian Government securities has been very rapid, and there has also been a decided
advance in British railway shares, especially in London and
Brigbtoj, South Eastern and North Eastern. The Russian market, however, has not participated in the buoyancy which baa,
otherwise, been so distinct, and this may be attributed to the fact
that even if there be peace the Russian Government will have to
prices.
The announcement
on the 13th
inst.,
face a past expenditure
which
will
demand
the serious attention
I
mi
IX
The rates of interest allowed by the joint-stock banks and
discount houses for deposits are subjoined
!
Considering, however, that the expenditure
or Russia has for a long time past been very heavy, the market
In th»
for Russian bonds must be regarded as remarkably firm.
of her financiers.
:
Perct.
Joint-stocKbanks
Olsconnt honses at call
Discount hoases with notice
i)t
1)<
lf(
American market a considerable amount of buoyancy haa preand several descriptions of railroad bonds have been
There has not been much movement in
steadily rising in pric*.
vailed,
:
..
.
.
THE CHRONICLE.
616
bonds, but the tendency has been favorable. The
markets, partly owing to the holidays and partly to the
desire which is shown to secure profits after so important a rise as
Qovemmeat
but
has recently takeu place, close with less buoyancy
Fine weather and a pacific
they are still inherently strong.
termination to the deliberati )n9 of the Plenipotentiaries attending
the Congress will, it is thought, aid a Jurther upward movement.
Consols have this week realized 98 with dividend, which is the
highest point reached for 20 years. Annexed are the closing
prices of ConsolK and the principal American securities, compared
;
with those of
last
week
Redm.
Jnne
10-408.58
1885
1887
1881
1904
funded, 4X8
18''1
is
1907
1875
1867,69
funded, 58
LonlBlana Levee, 8s
108!i@1095i
107><:®10:^
58
58
53
Do
58
Virginia stock 5s
Do
68
New
funded 68
lOQVaiOflX
107Ji@1075i
®110
ics^fitinsx
10'.)imOi}i
101X@1C2^
42
48
106
42
42
106
106
IDS
108
101
108
@
@
5?
68
106
103
108
ISSJS
108
105
1905
S3
24
59
@110
®110
@110
®110
@ 85
@ 38
® 61
109
& 52
@ 52
28
25
59
©lOS
(KIlO
©no
©110
©110
©32
©
®
30
61
A
mort. Trustees certificates
let
do
do
2d
3d
93
28
@|100
30
11
13
@
@
@
®
5k& 6W
29
12
do
do
31
14
& Oliio, Con. mort., 78
1905
Committee of Bondholders* ctf s.
& Potomac (Main Line) let mort, 69. 1911
(Tunnel) Ist mortgage. 69.
do
(guar, by Pennsylvania & No. CentRailway8),1911
losa, let mort
Burl. Cedar Rap. & No. RR.
87
66
Central of
26>i@ ny,
Atlantic MlssisMppi
do
.
,
.
Baltimore
iif
New Jersey
Do
Do
eliares
cons. mort.. 78
1899
ex" funded coups, from April 1.
18^7, to July 1, 1879. inclusive
189(i
Central Pacific of California, Ist mort., 6s
Do Califor.A Oregon Div.l8tmort.gld.bds,fl8.1892
Do Land grant bonds, 69
1890
Chicago Burl.& Quincy sinking fund bonds, 58 ...
Del. A Hud. Can. mortgage bonds, 78
1875
Detroit & Milwanliee 1st mortgage, 7s
Do
2d mortgage, 8s
1876
® 80
@ 87
@ 89
m ®
84
©71
69
io<i!/,aiio«
94
96
94
92
98
100 ©102
45
85
45
39
®
a
©95
©
©
UK© lov
19 © 20
18 ® 19
© 34
@ 36
© 35
Brie $100 shares
Do reconstruc-ion trustees' assessm't, $5 paid..
Do
do
do
$4 paid...
Do preference. 78
...
Do reconstruction trustees' assessm't, $3 na'd...
Do
do
$2 paid...
Do convertible gold bonds, 7s
1904
Do reconstruction trustees' certificates, 7s
6!'/,® 62^
8!
84
Galveston
liarrisburg, 1st mortgage, 68
1911
85
S6
Illinois Central. $100 shares
Do
Bonds. Ii9, l9t M. Chic. A Spr gf..l698 104 ©106
1923
97
99
Lehigh Vallev, consolidated mortgage, 6s
Marietta & Cin. Railway, let mort., guar., 78. 1891
Missouri Kansas & Texas, Ist mort., guar, gold
45
47
bonds, English, 7s....
19C4
New Yoi:k Centra! & Hud. Riv. mort. b'ds, 7s ... 122 ©123
109 ©111
New York Central $100 shares
33
40
Oregon & California, 1st mort., 7s
1890
do Frankfort 'ommit'e Receipts, x coup
3i«@ 3.x
Pennsylvania, $."0 shares
Do.
Ist mort., 68
1880 103 ©105
»e
97
Do.
con«oi. sinK'g fund mort. 6s
1905
Philadelphia & Reading $50 shares
15X@ 16>f
Pittsburg Fort Wayne & Chicago equipment
bonds (guar, by Pennsylvania R. R. Co.), 8s
101 ®;o6
1889 107 ©:u9
Onion Pacific Land Grant l9t mort., 7s
©
©
©
&
.
-
©
©
*
©
—
Union
Pacific Railway, 1st mortgage, 6'6
1898
109
©111
©:oi
© 31
© 13
© 7
© 32
® 13
® 7
® 31
© 31
© 88
£8 © 90
63 ® 70
SOX© 31)<
85 © 87
72 © 74
100'/,ailOMi
96
94
S5
93
96
94
100 ©102
45
35
35
45
Allegheny Vallev. guar, by Penn. R'yCo
17
31
SO
31
35
34
@ 34
© 3"
© 36
....© ...
61 @ 62
84 © 84
85X®
101
97
f6>^
ai56
@
...a
99
45
©
1910
& Qt. Western consol. mort., Bischofi^.
1892
certs, (a), 78
1874
Atlantic & Gt. W. Re-organization 7s
Do.
Do.
Baitlmoie
leased lines rental trust, 78.1902
1873,78.1903
do.
do.
do.
do.
do.
Western
exten., Ss
do. 7s, guar,
& Ohio,
&
&
&
SO
107
.
.
&
19(iS
& Nashville, 6s
1901
& Ohio 1st mort 7s
Milwaukee & St. Paul. Ist mort 7s
1902
New York & Canada K'way, guar, by the Dela1934
ware & Hudson Canal,
N. Y. Central & Hudson River mort. bds., 6s.. 1903
Louisville
Memphis
tis
Northern Central Railway consol. mort,
. .
42
17
by Erie R'y.
6a
68
6s
mortgajje, 7s.
....&
....©
2ri
Do. with reconstruction trui-tees' certificates
of 6 coupons, funded
Do. 2d consol. mort. 78 ..
1894
Do. reconstruction trustees' certificates
Illinois & St Louis Bridge Ist mort., 7s
1900
Do.
do.
2d mort, 7s
1903
nilDOie Central, sinking fund, 5s
1895
Do.
6s
1905
Do.
6s
Illinois Missouri ,te Texas Ist morlgaQ:e, 78
1891
Lehigh Valley control, mort., 6s, *'A"
Paaama general
.
Do.
Do.
Do.
.
©
lOD
Scrip for the 6 deferred }^ c ups
»&
Connellsville con. mortgage,
Pittsburg
guar, by Baltimore
&
Ohio RR. Co.,
ti3
91
•
©
65
100
100
90
99
87
61
78
...
© 8)
©
© 50
© 98
@ 93
96
69
& North Alabama bonds, 6s
Louis Tunnel Ist mort (guar, by the Illinois
& St Louis Bridge Co.) 9i
1838
Union Pacific Railway, Omaha Bridge, 88.
.189*
United New Jersey Rail way and Canal, 68
1 894
Do.
do.
do.
do.
6s
1901
South
98X
©101
99
87
61
78
3.
30
©111
98>j® 99)i
©SI
8'1
©
20
110
©102
©102
100
.
June
1.
80
©no
97>i.a
gen. mort(gnar. by Penn. RR.)68.1920
Reading general consol. mort 68
1911
imp. mort, 68
1897
gen. AI., 1874, (is, ex deferred coup
&
60
©1(H
©102
©92
©101
© 89
© 80
97
91
©
93
6s. ...1%4
1897
107
105
87
26
108
week ended June
amounted to 33,548 quarters, against 36,376
it is computed that in the whole Kingdom
1,
they were 134,200 quarters, against 105,500 quarters. Since harvest the deliveries in the 150 principal markets htve been
1,660,344 quarters, against 1,768,397 quarters
no ©112
83
@
@
40
35
SOX® 3!«
lot
®105
@
99
lexa
17
98
104
107
109
©106
©109
©111
96>tf©
97X
42
17
26
©111?
f9
30
@
©
86
1(8
108
105
87
28
©109
108
©109
a 109
a....
97
©
®
35
37
©101
©110
©
99
...
&....
100
93
103
108
®102
©
93
©105
©110
@ 91
114>((@I15X
86 @ S8
89
106
@1C8
1874-6
cwt.
30,141,614
6,8.'>4,005
4,99i,ii8j
'i8,777,700
30,S32.iiuO
30,«61,500
5.:i37,813
41, 19), 400
78.S7!,722
66,409.9)7
74;,852
76,757,391
631.132
76,514,812
226,980
65,660,095
76.1?3,2sa
76,3(7,862
43s. 81.
Total
HxportB of wheat and flour
.1,456,043
Result
Aver, price oT Eng. wheat for season
76,917,671
bla, 3d.
51s. 4d.
1875-6.
46s.
5(1.
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the Ist of September to the close of last week, compared
with the corresponding period in the three previous years:
mPOBTB.
1877-8.
cwt. 42,942,01
ATheat
Barley
Oats
Peas
10,803,887
8,^70,801
1,3.53.173
2,537,2.12
Beans
IndlanCom
1876-7.
30.186,113
10,'66,4i9
7,844,813
1.021,515
24.960,128
6,654, U05
Flour
3,631,1-89
25,70J.494
5,271,834
1875-6.
40.797,2(10
7,144.108
8,2.-i8,90')
l,142,^80
2.857.485
1S,^«2,4J9
4,995,688
1874-5.
80,041,621
11,211,278
7,131,150
1,393,496
2,089,470
12,037,793
5,.37;,818
BZPOBTB.
cwt.
vVheat
Barley
Oats
Peas
713.277
44.274
8i,450
21,787
25.78i
394,684
36,575
1,393,971
41,617
76,074
17,t4:
18,642
1W,171
Indian Corn
Flour
62,014
565,382
2i,491
26',682
30,214
7,709
36,997
13,759
181,124
185,009
61,415
17,615
3,288
4.3.041
45.856
the extent of our importations of
Kingdom since harvest, viz.,
United
the
into
wheat
flour and
from September to May, inclusive, compared with the three preceding seasons, togetlier with the countries whence those sup-
© 46
@ 20
© 30
© 30
©no
©110
©107
a
@
p'ies
were derived
:
WHKAT
89
30
©109
110
103
84
©
a
©112
©105
@ 86
94 © 96
...© ...
63 © 64
80 © 86
82 © 3T
99
108
97
©101
©110
a
....@
100
93
108
IC'8
90
115
86
106
182,r,96
Chili
Moldavia
Turkey,
Wallachia
Egypt
British India
Other countries
Total
Germany
© 92
@ 83
©lie
©108
6,241.314
12,701,426
995,505
2,i81,24T
978,007
165,973
1875-76.
1874-75.
Cwt
Cwt.
7,218,524
16,1 2,S55
3,1H.0.32
3,824,812
l,00i.630
710,733
5,913.04t
15,963,877
1,413,307
2,946,750
466,743
497,094
and
192,685
482,085
3,631,834
912,226
787.232
1,297.470
3,137.038
1,001,638
1,492,013
2,3,7,100
1.923,2;8
2,671,013
629,828
190,180
241,723
5;6.201
42,052,616
19,389,617
39,410,4t4
29,026,748
ITLOnR.
France
UnitedStates
British North America
Other countries
©
32,625,190
2,813,603
6,145,110
61.103
(lermany
France
....
©105
©110
Cwt.
Cwt.
5,986, :^94
99
®I0-!
95
1876-77.
1877-78.
British North America,
63H© M>4
cwt
40,797,203
Iiuporta of flour
Sales of home-grown produce
....
...
cwt
18:6-7.
cwt
42,942;oi7
89
77
94
flour
3\48i.'lll
5,2ri,8il
1877-8.
Imports of wheat
....©
©112
©105
the whole
:
87
74
@ 87
® 96
in
it is computed that the following quantities of wheat and
have been placed upon the British markets since harvest
....
©
@
and
it is
The following return shows
....
....
® 46
® SO
® 30
® 30
;
estimated that they have been 6,641,000 quarters,
against 7,073,500 quarters in the correspondin,j period of last
season. Without reckoning the supplies furnished ex-granary,
Kingdo.u
....
122>i@!S3)^
35
the sales of home-grown wheat
England and Wales, during the
quarters last year, and
89
76
103
©111
®109
©110
official return,
in the 150 principal markets of
....©
80
81
99
109
107
103
downward tendency. The weather
during the week has not been as propitious as desired; but it
has now a more settled appearance. Dry weather until the crops
are harvested ia now very necessary. Should the weather be fine
during the next two months, the season w;ll be a very satisfactory one, as there will be an abundant yield of feeding stuffs; but
the wheat crop will not, under any circumstances, be so large as
the favorable autumn, winter and early spring induced us to
87
110
103
86
@111
©109
©110
109
107
103
cereals has had, this week, a
Rus'ia
United States
72
.
The decline in the price of grain has contributed towards
increasing the dulness of the corn trade, and the value of [all
Beans
9S«a 97%
.1876
1895
1902
1910
Do.
1921
Do.
58,1877
Vincennes, 78
1909
Cairo
Chicago
Alton sterling consol. mort, 6e.
1903
Paducah Ist tiiort gold bonds, 7s... 1902
Chicago
Cleveland, Coiumhus. Cin.
Ind. con. mort. ..1913
Eastern Railway of Massachusetts, 64
1906
1875
Brie convertible bonds, 68
1920
Do. Ist cons, mort, 7s..
Do. ex recons. trustees' certificates of 6 coups
Do
.
47
Atlantic
Do.
.
©
@
@
©
a
© 17^
@ 3)
@ 21
AMBniCAN STKBUMQ BONDS,
Do
&
Do.
©
6s
According to the
&
Sasqwchanna cons. mort. 78. No8.501
to 1,600, inclusive, guar, by Del. c&Hud.Oanal ..1906
Qrcat Western l8t M., $1,000, 7s... 1903
Atlantic
Do
Sd mort, $1.000, 7s.. 1904
1902
Do
3d mort., $1,000
Do
Do
Do
1913
Phil.
Erie 1st mort. (guar, by Penn.RR.) 6s. 1881
with option to be paid in Phil., 6s
Do.
Phil.
June
20
lo'j
ant'cipate.
AUBRIOAN nOLLAB BONDS AMD SHARKS.
Albany
&Reading,
.
98
109 aiin
losiraicsx
1838
1894
1900
1889
1891
Do
Do
Do
8.
95%&
109H@)IO«
105 @106
®106
105
6s
Maesaclineetts 58
Do
6b
Do
June
1.
91H®97%
1S8:
5-208
Do
Redm.
St.
Consols
United states 6"
Do
Do
Do
Do
Do
Do
•
&
Decatur
1892
1910
Pennsylvania general mort. 6s
sink'g
consol.
fund
mort
69
Do.
1905
Perkiomen con. mort. (June '73) guar, by Phil.
Paris
XXV L
[Vol.
Total
256.988
1,856,436
841,907
l,47n,464
1,440,202
146,897
1,350,232
6,704,780
6, -255,752
1,807,680
8J;,633
2,55M4)
721,711
610,897
1,072,41*8
l,ti06.»42
1,401.477
1,735.879
193,146
9J.3,7r"8
98,741
506,458
4,835,055
4,298,847
a return] showing the value of the grain and flour
imported into the United Kingdom during the fir.-t nine month*
Annexed
is
.
June
:
:
.
THE CHRONICLE
22, 1878.
compared with the correspoodinn period
of the present season,
June t5-8tr. Donan
June 15— Str. Qermanlc
in
the three previous seasons:
Barloy
Oatii
1876-17.
£
£
£
17,110,ata
«.«48.7»a
8.24!.S(H
4S9.8S7
I,SJ»,«S2
7,9)l,6i«
4,S«4,iaO
Sl.SW.SW
15,0 0,'26
4,ii97,2.0
4,l.^l.u2r
BM.HS
IndlanCom
97S,Bt9
8,151,0)1
Floor
e,136,e01
ToUl...
49,107,*74
Our imports
6,-Sl,887
3,90i,40S
4,«87.0li
3,<I09,-!8S
89,831,334
more than
Total since Jan.
83,6»!!,50»
us this
Sat.
Consols for money.. 95 7-18
"
accoant.. tS 9-18
D.8.6s(5-Ms) 1867..xl0bJt
D.S.10-4a8
5«ofie8I
Toes.
Wed.
95 7-16
95'^
95 7-16
95 7-16
106^
109J<
107J<
106X
93 7-16
95 7-16
lC65i
1U9H
10;j<
lu7>f
107X
109«
lOTX
W9X
—
Tlinr.
94 7-16
95 7-16
White club)... "
10
Oom(new W. mii.)» quar.
Peas (Canadian) V anarter,
10
3!
6
«
6
35
35
d.
8.
Beef (prime mess)
f
75
Pork (W't. mess),... » bbl 42
Bacon (I'g cl. m.)... ^cwi 2B
Lard (.American) ... "
35
tc.
6
6
48
Liverpool Produce Market.
8.
i«piiit8)
Tallow(primeClty)..» cwf
Snlrits taroantine
"
CnoverseedCXmcr. red)
s.
10
.
37
83
37
23
40
3
40
Mon.
Sat.
£
Uiu'dc'ke(obl).V
£.
s.
49
6
49 6
Vcwt
23
6
22 6
oil.
ytaD..69
" .:)5
...« ton
69
35
27
27
6
3
8 10
10
10
10 4
22 9
35
18r6
37
23
40
£
6
6
Wed.
d.
9X
7
7
3
37
23
40
3
83
40
Wed.
8.
d.
Thnr.
49
6
23 6
27 10
8. d.
23
21..
d.
49
6
23
6
6^
69
35
27 10
9ii
6)4
3
8.
d.
23
«
6
—
$718,334
1877.
$777,492
$769,800
5.01 ',,399
7.62i»,418
5,512,876
$4,683,961
163,123,710
'.43.872,663
$8,297,910
43, 41 i, 179
127,195.334
.,$169,812,671
$149,006,396
$156,780,389
$1.33,4(7.460
General merchandise..
Total for the week.
Prevloasly reported
1
14:
MBW TORK FOB THB WXKK.
1875.
$n9l,0ii9
3,789,8a2
Dry goods....
1876.
$5,783,733
1
$176,000
2f4 000
197,000
210000
243,000
il8,000
$8,167,507
7.047,878
9.594.678
3.951.234
1871
1870
1869
1868
1867
1,689,019
at the Sub-Treasury
Receipts.
270,297
500,833
3.13,111
269,5<ll
227,670
,
89
03
76
5S
50
86
$9h3,377
169,027
1,047,090
1,781, i97
637.971
Payments.
.
Cnrrency.
Coin.
$18!),tta8
.35
71
85
65
91
'.,683,768 84
have been
C<.ln.
.
Currency.
$145,^61 26 $1,074,642
62.05;) 02
1,145.116
124.6Sti 12
759,877
887,481 97 1,1(3,-71
h8,2?6 61
4< 3.406
173,9t,2 49
894,325
(0
U
93
47
04
98
New
of Louisiana, in the suit of Vignier against the city of
Orleans. The suit was brought upon a judgment previously
obtained against the city upon the coupons of come of
the consolidatad bonds of 1853.
The complainant askud for a mandamua to iasuf; against the
Common Council, directing it to levy the tax in accordance with
j
the provisions of the act of 1853. The defense was interposed
that the act permi'ting the issue of tiie bouda was unconstitutional, and therefore void, because of a defect in the title of the
act.
It was also claimed that section 37 of the act was void,
because it violated a provision in the constitution which requires
that all property should be taxed equally.
Upon these points the judge decides that the bondj are legal,
and that the act of 1853 is not unconetitutiouat by reason of any
defect in the title, but he pronounces the provisions of the act
directing the manner in which the tax shall be levied unconstitutional and \roid. The reason given is that the tax provided is
not equal and uniform, as required by the constitution.
This
fact is evident from the public records and archives, which will
show that no tax, under the provisions of the act of 1853, has
been levied since 1856.
The opinion copcludes as follows: " Whether, therefore, the
case be put upon the iii validity of section 37 of the act of 1853, or
upon the doctrine of the acquiescence on the part of the relator
and those similarly situated in the act of 1856 and the subsequent
acts, it follows that the bonds and coupons either sprang into
existence and were put in circulation without any valid means of
taxation being provided for their payment, or that, a valid means
having been provided, it has, by the consent of the contracting
parties, been put aside, and another substituted.
Upon tiiese grounds the application for a mandamus was
denied. The effect of the decisioo is apparently to place the consolidated bonds on an equality with other bonds which have no
special provisions of taxation for their payment.
.
mercliandise.
The total imports were $6,2d2,076, againet
14,695,355 the preceding week and f5,517,360 two weeks previoos.
The exports for the week ended June 18 amounted to
16,352,760, against t6,677,748 last week and 15,139,553 the previoas week. The following are the imports at New Tork tor
week endinir (for dry goods) June 13 and for the week ending
rORKlOM IMPOBTB AT
t42r,929
13,301,251
—
69
85
27 10
«
27 10
850
90O
silver
New Orleans City Bonds. A decision was recently rendered
by Judge Billings, of tbe United States Court, in the district
Frl.
8.
6
18...
19...
20...
d.
37
J3
40
400
4,500
1,925
28,272
2,810
6,018
Total
$:,30S,OJO $1,781,163 tO $6,831,6i3 71 $1,462,321 47 $5,381,240 68
• 125,006,9fi3 50
Balance, Jane 14
43,071,477 16
Balance. June 21
125,325,810 50 43,571,869 91
10
37
2,594,115
782.4?5
,
49
9>f
6>i
6.734,059
Cnstoms.
trri.
8.
10
9X
—
69
35
genera merchandise) June
week
d.
900 £900 £900 £900
49 6
49
5
The
15
1,000
1,850
Same time lu—
1,'j20,564
transactions for the
as follows:
87
36
16
9
6
49
10
3
6
Amcr.
fSOO
74S
5,120
30,0<0
1878 ($?,292,989 silver, a[;d $1,436,191 gold).. .112,729,188
2,4-38,359
72
43
Thar.
s.
46
10
8
«
1,
$7,243,409
17..
74
43
86
35
46
have
3.16,709
Amer. silver
Amcr. gold
Acapa'co
1876
1876
1874
1873....
1872
Fri
8.
Imports and Exports for thb Wbbk. The imoorts last
week showed a decrease in dry goods and an increase in (reneral
Since Jan.
1
Total for the week (f 880,949 silver, and $«,98n goirt)
PrevloasiT reuorted ($7,912,040 silver, and $1,389,214 gold)
230
(C^cimuvcvcliilau(l|^\iscclUvuco\(sJXcxus.
(for
14,U7.7»
Aspin-jrall
Jnne 14— Str. Alaska
Frl.
a.
d.
d.
s.
s. d.
d.
Taes.
d.
00 900
$
quar.
8ns:ar(No.l2 D'ch std)
Linseed
d.
8.
tc. 9
6
9X
9ii
74
42
86
35
47
46
London Produce and OU Market).
Whaleoll
1«,'IM.080
44,59.1.159
23,4'.5,56l
44,948,51)4
Silver bars
(iold dust
Total since Ian.
Thnr.
d.
s.
Taes.
d.
49
10
Ve&i
Petroleuai(reflned)
74
42
36
35
47
"77
"
(fine)
onepot,
Spermoil
1870
of
Same time m—
35
18,583,907
139,787.180
I
33,116.821
'.877
6
10
Si
Wed.
d.
8.
6
6
'8.
6
22
35
Tnes.
d.
Hon.
d.
49
10
.
Foreign sliver....
bllverbars
Foreign gold
Amer. KOid
June
—
Sat.
BoslD (common)... ^cwt..
—
74
42
26
35
47
6
10
82
35
6
8.
..
Cheese (Am. dne) new "
6
Men.
Sat.
(Cal.)
(},06S,3«1 gold)..
.
—
Liverpool Provitions Market.
Unseed
I
and
Same time lu—
1871
:
Fri.
95 7-16
95 7-16
107
10»Ji
108
106
«S6i5S
"
26.711,441
I
47,021 525 1869
27,389,285(1368
25.759.J27 1867
Jane 14— Str. Colon
Mod.
VH\%
109X
Bank
in the
New4>i8
van
\ai%
105>f
105X
105X
Uvtrpool UoUon Xarktt. dee special report of cotton.
Liverpool Breadatu^s Market.
Sat.
Mon. Taes.
Wed.
Thnr.
s. d.
s. d
s. d.
s.
d.
a. d.
riODf (extra Siate)
VbbI
250 25
250
Wheat (R. W. spring).* cU 8 10
8 10
8 10
8 10
8 10
" (Red winter)
" 10 3 10 8
10
10
10
"
(Av. Cal. wliito).. " 10 3
10 3
10 1
!0 1
10 1
(C.
i
117,913,238
summary
—
"
1878 (f 3,467,446 silver,
t88t,l.>8
6,149,(79
of specie at this port during; the same periods
been as follows
Jane 10—Str. Ailsa
A mer. sliver
Aspinwall
Amer. unld
Q^lddust
.lane 10- Bark nornct
PnertoCaliello... Amcr. gold
Jnne 11— Str. NiHgara
Havana
AmerRpH
June 12— Str. Vera Cruz
Vera Cruz
Amer. silver
£8,730,000 and in flour £1,360,000.
London Money and Stock Xtirket. The bullion
England has increased £181,000 during the week.
t7,(8t
800,699
8,840
silver bare.
The imports
The
in 1876-7.
1,
Same lime In—
1877
1878
1875
1874
1878
1372
Sifxilcli tlarKet Keporta— Fer Cable.
TheJaily olosiQi^qaotatiousinthe marketeof London and Liverpool for the past week have been reported by cable, as shown in
the followini;
Foreign •liver...,
Foreign silver....
Liverpool
ToUl for the weak (|849,128 silver, and tM,000 sold)....
Prevlonsly reported ($3,118,318 sliver, and |5,031,3«I gold)
68H.() 3
977,0:'.l
1,217,1-55
88,815,101
season, therefore, nearly £11,000,000
is
«.9«,li05
S.MO.'.Bl
5«i,601
estimated to have cost
of cereals are
increase in wl-eat
1874-75.
l37y-76.
£
«6,848,0(»
4,79',878
I.l»7,ai0
Peas
Beans
Soothampten
Amcr.
IKT-TS.
WhMt
617
1878.
J6,2«2,(i76
In our report of the dry goods trade will be found the imports
—
Messrs. Jesup, Paton & Co. have sent us a copy of the
annual report of the Merchants' Bank 6t Canada the first issued
since the reduction of its capital and change in the management,
which were made to plac^ it on the safest and most conservative
June 18:
BZrOBTS rBOM MBW TORK FOB THB WEBK.
basis.
After the rigid examination into the affairs of tbe Merchants'
Bank and the writing off of every bad and doubtful debt,
1875.
1877
1813
For the week
|5,6;2,8;9
$4,820,173
$6.8.52,760
it is generally regarded as one of the soundest of the Canadian
Previously reported.... 105.163,605
118,tl75,091
15_2,I85.'J66
banks. From the annual report, we see that the capital has been
Since Jan. 1
reduced by one third, and now stands at paid up, $5,161,790;
$ 10,836, 32 4
$114,056,634
$^23,7g5,2>i4
$158,438,086
The following will show the exports of specie from the port o( contingent fund, $530,000; rest, $475,000. The profits of the
New York for the week ending June 15, 1878, and also a com. bank during the past year have been $403,203, or 8) per cent on
the capital, out of which a dividend of 7 per cent has just been
parison of the total since Jan. 1, 1878, with the corresponding
paid. The balance of contingent fund will probably be transtotals for several previous years
ferred to rest, or reserve, and raise this to nearly $1,000,000.
Jnne 10— Sir. Crescent City
Asniiiwall
Amer. gold
$5,000
The Clydesdale Banking Company are the foreign agents upon
June 12— Sir. St. Laurent
Havre
Amer. silver coin.
bOO
•A'n r. gold coin..
20U00 whom the i-tfrling bills are drawn, and the New York agency is
T
.o
c. „
,
Jnne
is—
btr. San Jacinto
Nassau
with Jesup, Paton & Co.
Amer. gold coin..
4,010
silvir
coin.
Amer.
2,437
T
.. „.
„,,
Tbe Oriental Bank has declared a semi-annaal dividend of
JnneU—
Str. City nf Brussels... .Liverpool
Amer. silver bars.
8.850
JunelS—atr. Wletosd
Hamburg
five per cent free of all tax, payable on and a/ter July 1.
Amer. gold coin
5,0UO
one week later.
is a statement of the exports (exclusive of specie^
from the port of. New York to for^gn ports for the week ending
of dry
goods
for
—
The following
—
1
.
—
.
.
..
:
THE CHRONICLE.
618
States Comptroller of the Currency f urnlBhes the
foUowin;: Btatement of National Banks organized the past week
2,386— National State Bank of Bloomin!»toB, Illinois. Authorzed capital,
Interest
June
June
June
June
June
June
Period
15.
17.
18.
19.
20.
21.
:
tl(X',000; paid-in capital, $100,000.
Frank Hoblit, President; A. B.
Hobiit. Cashier. Authorized to commence business June 5, 1^78.
2,387— First National Bank of Cannon Falls, Minnesota. Authorized capital,
.President; L. S. FoUett, Cash$50,00(1; paid-in capital. »50,OCO.
ier, Authorized to commence basiness June 10, 1S78.
DIVIDKNUM.
The followlc2 dividends have
recently been
announced
;
When Books Closed.
Cent. Payable. (Days inclusive.)
Kahb op Compant.
RaUroads.
Connecticut River
Kentucky Central com
Kentucky Central pref
*
Old Colony
,
July
1
June 28
June 88
3
3
1.
Richmond & Petersburg
2
2
July
July
July
Rome
2X
Ou dem.
Worcester
(Ga.)
United
Bank
Bank
&
,
New
Jersey (quar.)
Banks.
of 'merica
of N. T., Nat.
Banking Ass'n
Fourth National
Hanover Nat.
,
July
12.
July
July
July
July
Only
July
July
July
July
July
July
1.
3^4
7
Importers' & Traders' Nat
Merchants' Nat
Metrooolitan Nat
Nat. Citizens'
National Park
Nat. Shoe & Leather
Oriental
,
8
5
3
,
s
.
,
Insurance.
1.
5
Hamilton Fire
July
^niiicellaneoaa.
Central Trust Co
8
Wells, Fargo Express
4
July
July
1.
I.
1.
1.
1.
1.
June 23
to
June 30
.JuneSl to
JuneSO
June 22 to July 8
June i2 to Ju.y 4
June 2 6to June 30
June 31 to June 30
June 20 to June 30
June 2« to
June 22 to July 7
1.
1.
2.
June 19 to June 30
June 2J to July 1
1.
1.
June
31 to
JaneSO
1.
June
21 to
June
15.
103^8 106% 10618 106=8 106=8*10634
nose's 109
10933 109=8' 109=8 10934
•10158 '10158 lOl^s 102
102% *101 '8
10434 10408 104% 105
105 '104''8
'104!%
*1043i
105
105
105% IO314
107^8' 1077e 108
10818 108% 108%
107
106^8 106% IO718 107=8 10738
reg.
coup.
5-20S, 1865...reg.
5-20S, 1«65 .coup.
5-20S, 1867... leg.
5-208,1867 -coup.
5-208, 1868... reg.
68,5-208,1868 .coup.
58, lO-lOs
reg.
'•IIOI4,
July 6 to July
103 '2
coup.
Range Bince Jan.
Lowe8t.
6s, 1881.... cp.
6s,5-20.s,'65.cp.
6s, 3-208,'67.cp.
68, 3-20s,'68.ep.
.58, 10-408... cp.
105%
Feb.
102=8
105
10634
10378
Jan.
58,fimd.,'81.cp.
102%
Fob.
The money market continues quite easy, as heretofore, and on
call loans the range on government and miscellaneous securities
has been 3(g3 per cent. For prime commercial paper there is a
good demand at 3i@4 per cent, with some transactions in exceptionally choice 60 days' paper at 3 per cent.
The Bank of England, on Thursday, showed in its weekly state
nient a gain of £181 ,000 in specie, and its reserve was 40 9-lC per
cent of liabilities, against 39| per cent the previous week. The
Bank of France showed an increase of 17,900,000 francs in specie.
The last statement of the New York fity Clearing House banks,
issued June 15, showed an increase of fl, 113,150 in the excess
above their 35 per cent legal reserve, the whole of such excess
being $15,161,S00, against $14,049,650 the previous week.
The following table shows the changes from the previous week
and a comparison with the two preceding years
:
Differ'nces f r'm
previous week.
1877.
Jime
16.
1876.
June
Circulation
..
Net deposits
.
Legal tenders.
17,103.200
19.981,900
205,783,200
49,502,900
Inc
304,000
luc
3.300
luc. 3.513,400
Inc. 1,086,300
.
18,332,100
13,971,000
222,665.800
56,363,600
Vnitrd states Bonds. —There has been an
active
15.318,200
15.646.400
208,603,000
54,360,200
demand
for
governments, and the leading dealers have been kept well occuThe demand has come from all parts of the country, and
l)ied.
the amount of bonds sent to New England is particularly heavy.
One firm also sent about $000,000 to Philadelphia during the
week, which was considered a large transaction in that direction.
It looks very much in this market as if some of the foreign
bankers had sold bonds short early in the season, and having
borrowed them for delivery, purjwsing to buy lower in London or
here, will be disappointed in their expectations.
The Secretary of the Treasury has issued the sixtieth call for
the redemption of 5-30 bonds, and the interest on these will
cease Sept. 20. The following is a description of the bonds:
Coupon bonds dated July 1, 1865, namely: $50, No.s. 60,001 to 62.000.
l)oth incliiKive; $100. Nos.
103,001 to 106,000, both iMclusivc; $300, Nos.
72,001 to 74,000, both inclusive $1,000, Nos. 130,001 to 135,000, both
iueliisivc. Total coupon bonds, $2,300,000.
Registered bonds, ri^deemablc, at the pleasure of the United States
after July 1, 1870, as follows: $30, No9. 2,101 to 2,200, both Inclusive:
#100, N»8.17,151 to 17,600, both Inclusive; $500,*Nos. 10,001 to 10,200,
;
1878
Amotmt June
.
Registered.
1.
Coupon.
109%
105%
108%
110%
108%
Jime 21 $194 842.230 $87,894,100
June 6
51 328,230
35,527,800
Juneli) 105 861,300 204,755,000
Apr. 23
15 950,000
21,513,300
Jan. 26' 144 ,221,050
50,343,250
10638 Jan. 24l 232 ,149,800 276,290,350
Meh.
4%8, 1891 ..cp. loin's Meh.
104'8 May 24i 148,,359,100
86,640,900
48, 1907 ....cp. 10038 Apr.
102% Jan. 9
25,110,150
66,,739,850
68, cur'ncy.reg. II714 Apr.
122% May 251 64 623,512
Closing prices of securities in London have been as follows:
June June June Range since Jan,
7.
U. 8. 68, 5-208,
14.
21.
Lowest.
1,
1878.
Highest.
1109% 109% xl07 IO514 Jan. 2 109=8 June 8
[10938109% lOO^s 104% Feb. 25 1(J9~8 June21
10338 Meh. 1 108 June 21
110738; 107=8 108
ilOSSgl 105% 106
102% Feb. 25 106 June 21
1867
U. S. 58, 10-408
58 of 1881
New 4% per cents
—
State and Railroad Bonds. Louisiana consols have continued their upward movement an'l sold to-day at 79f, which is
about 10 per cent higher than the lowest price made in their late
It is estimated that this market has taken altogether
decline.
about $1,000,000 Ijonds from New Orleans, and this has so much
relieved the parties who were loaded up with them that the
cause for depression has ceased.
South Carolina bonds are
pretty firmly held, and the January, 1878, coupon on the "good"
consols will be paid in July.
Railroad bonds have been fairly active at prices generally
St. Louis Alton & Terre Haute income bonds have
stronger.
declined to 36, and the second mortgage bonds were quoted today at 70@74|, in consequence of tlie threatened reduction of
guaranteed rental.
Messrs. A. H. Muller & Son sold the following securities at
auction
Shares.
Bonds.
$11,000 Dunkirk Warren &. P.
41 United RR. & Canal Cos.
123
RR. 1st mort. 73, gold,
of N. J
due 1900, guar, by N.
34 Third Ave. RR. Co
109%
Y. Cent. & Hud.l07®107%
23 Sixth Av. RR. and $1,750
scrip for
370 Pacific Mutual Insur$2,650
ance scrip of 1872 .. 30
110
70 Third Ave. BR
360 Pacific Mutual Insur430 Eureka Fire Hose Co.$l persh.
ance scrip of 1875 .. 30
Bonds.
760 Pacitlc Mutual Insur$5,000 Third Ave. RR. 7s, due
ance scrip of 1876 .. 25
1890
100 and int.
1,000 Inrtianapolia
RR.
1st
M.
&
2,000
St. L.
78, scries
68
A, due 1919
3,000 Atlantic Dock Co. Ist
mort. 78, due 1882... 98%
500 Long Island RR. Atlantic Ave. Improv. 7 per
of
Southftsld
(8tatenl8l'd),N. Y.,7
et. drainage bds,
due Oct. 9, '78, April,
1874, coupons on
per
5
10,000 Kans.A Nebraska Railway Ist mort. 78, due
1905
'79 25
duo
ct. certificate,
The following were
Towu
19
also disposed of auction:
Bonds.
Shares.
325
1.000 New York & Rock5 Manhattan Life Ins. Co
away Railroad 1st
Bonds.
mort. 78
50
$16,000 Jerse.v City 78. ..108 &lnt.
Closing prices for leading State and Railroad Bonds for two
weeks past, and the range since Jan. 1, 1878, have been as follows:
I
|
I
17.
Loans and dis. ^234.639,100 Dec.$l ,493.800 ^230,687,500 $246,862,100
Specie
1.
Highest.
Feb.
Jan.
15
finance.
And in looking for the principal causes which account
for the votes of the average Congressman (aside from mere political party questions), we may place, first, a supreme regard for
the local interests of his own district, and, second, a profound
ignorance of the general measures in jmlitical economy which
would contribute to the prosperity of the whole country, even
including his own district.
1.5.
103^ 105% 'loss's 106% *106%
105% lOS'a 106
106% 106%
10338 103L! 1031a 103=8 103=8
10338 10338 103 12 103% •103%
10014 '100% '100 Is IOOI4 10014 *100%
101 ig '101
'lOlig 101 % IOII4 noi%
120»4 '120>4 1201s 120% 120% 120%
• This is the price bid
no sale was made at the Board.
The range in the prices since Jan. 1, 1878, and the amount of
each class of bonds outstanding June 1, 1878, were as follows:
1891
20
31, 1878—5 P. in.
The :TIoney market and Financial Situation. The event
of this week, overshadowing all others in the importance of its
bearing upon husintss interests, was the adjournment of Congress.
The National Legislature terminates its session, and the
financial and commercial interests of the country heave a sigh of
relief.
It is not desirable that Congress should come to be looked
upon as a bete-noir, and its sessions dreaded a« a calamity to the
business community, and how does it happen then that we find it
so nearly in this position?
Perhaps no better answer can be
found to this inquiry than in the general reply that Congress
shows an ignorance of or indifference to the wants of those
engaged in commercial or financial pursuits. The truth must be
squarely faced that the National Legislature, made up of delegates from all parts of the country, is and will be composed of
members who represent agricultural and other interests far more
largely than they represent constituents engaged in trade or
1878.
110%
107 ifi IO7I2 107% 108% 108%
IO7J2 107=8 •107% 108%;*108%
*107ia
* 105 58
•103=8
*10338
KRIUAV, JUNE
June
>110i4 'IIOI4 '11038 '110%
'1071-2
38, 10-40a
coup.
58, fund., 1881. ..reg.
Ss, fund., 1881. .coup.
4ia8, 1891
reg.
;
1.
4
3
1881
1881
48, 1907
reg.
48, 1907
coup.
68, cur'cy, '9.5-99-reg.
1.
2%
3X
Os,
6s,
08,
6s,
6s,
08,
Os,
4''28,
4
Xtn,
both incluaive; $1,000, Nos. 33,101 to 33,700, both inclusive; $5,000,
Nos. 8,901 to 9,100, both inclusive; $10,000, Nos. 16,751 to 17,100, both
inclusive. Total registered bonds, $2,500,000. Aggicgate, $5,000,000.
Closing prices at the N. Y. Board have been as follows:
"~~~"
NATIONAL BANKS ORGANIZED.
[Vol.
The United
Providerce
1
States.
do
2d
June
14.
21.
72=8
Louisiana consols
Missouri 6s, '89 or '90
North Carolina 6s, old
Tennessee Os, old
Virginia Os, cousol
do
June
107
16
-
series.
.
.
.
.
Pitts. Ft.
Wayne &
Chic. Ist.
&
69% June
7938
^107
*16i4
104%
•36
8
Jan.
33%
74
Apr. 12
"85
64i4Mch. 4
108
108
II314 113
97 'a 99
103=8 Jan. 15
109 Jan. 2
•72%
15
114
85
107
18
Louis
.
Feb. 11
Jiuio 14
39=8
May 25
May 14
85
Juno 10
8314 June 19
108% May 29
113% June 15
May 31
102% May 25
5 109% June 17
7 114% Apr. 20
10 112i4May 27
5 110% Apr. 27
109
Jan.
105% Jan.
•117
1 15%
117
•121
118
121
•101% 101% OS'fs
'120=8 '121
118
105% 108% 103
108
108 103=8
Jan. 5 120 Apr. 29
Jan. 7 121% Juno 5
Feb. 20 101% JuuolO
Feb. 8 121% JnnolS
Apr. 5 10938 May 24
Jan. 7 108 14 Mav 27
Iron Mt. Ist m...
Union Pacific 1st. 68, gold.
9238 Meh. 6 103
101% '103
sinking fuud...
do
* This Is the price bid ; no sale yra» made at the Board.
St.
1878.
gi'sJan. 14" I0314
101% 101% 91% Jan.
109% 109% 106 Jan.
113
113% 110 Jan.
•IIOI4
1,
Highest.
•25
•83
*36
'70
•25
Railroads.
Central of N. J. Ist consol
Central Pacific Ist, 6s, gold.
Chic. Burl. & Q. cousol8,7s
Chic. & Northwest, cp., gold.
Chic. M.& St. P. cons. a. f. 7s.
Chic. R. I. & Pac. 6s, 1917..
Erie Ist, 78. extended
liake S. & M. S. 1st eona., cp.
Michigan Central consol. 7s.
MojTis & Essex 1 st mort
N. Y. Cent. & Hud. lat, cp.
Ohio & Miss. cons. sink. fd..
since Jan.
Lowest.
Meh. 29
Jan. 4
84%
Dist. of Columbia, 3-65s
Range
June 10
•
.
Juhb
..
..
:
.
THE CHRONICLE.
23, 1878. J
Hallroad and UlUoallaneous Stoeka.— The
Htock ninrkot
bocn soiiK'whnt unsettled and variable in tone. One of the
principal features has l>een the weakness in I..ake Shoro stock
under free sales, and as this movement commenced soon after
Mr. Vanderbilt's return from Europe, rumor has naturally attributini tho sales to him, althoufrU wo are not aware of any (food
foundation for such a report. The Northwest stocks have declined
since they sold ex -dividend, as many expected they would.
Western Union Telegraph has been among the firmest of the
leading speculative stocks, on account of its favorable exhibit on
the last quarterly statement. The price of Cleveland & Pittsburg
stock has declined to 78@79, probably affected l)y the action of
the Pennsvlvania Company in regard to tho rental of the St. I^ouis
Alton & 'ferre Haute Itailn)ad
jjoasibly also bj- the fact that
nothing ha,s been openly done or announced yet as to the operation of the famous Pennsylvania liailroad trust scheme, under
which $100,000 per month was to be used in the purchase of
guaranteed stocks and bonds. Upon the whole, the stock market
as a very fair outlook, and tho volume of freight to be carried in
tho country during the next twelve months will probably be very
lias
;
larae.
Tiie daily higliest
610
-I<atest oarninKX r(.:)ortcd.
.
Jan. 1 to latent date.
1878.
1877.
.
305,730
2,643,822
149,005
49,377
201,135
428,252
3,572,037
319,828
3,262,720
3.55,721
303,8,53
3,»O9.0()O
1.50,791
07,.3O5
.
".
.
3,8H0.O7O 3.838,.508
2,052,799 1,840,728
2,044,732 1,787,845
rto
Iowa lines May
132,267
95,028
633,746
504,116
do Sprbuff. dlv..Mav
17,646
74,220
Iiidlauap. Bl. &W. Ist wk J'ne
'2i',739
22,015
552,2.54
516,045
Int. A Gt. North.. 1 St wk J'ne
15,188
15.781
525,736
600,376
53,281 1,310,559 1,214,382
51,528
K.an.sas Pacitle.. .2dwk J'ne
72,997
274,445
306,570
Lonisv.Cln.&I-cx.Aprll
64,761
I>oiii.svillc&Nasli. April
360,000 ,361,372 1,705,200 1,6.59,167
Michigan Central. March
578,432 534,213 1,632,445 1,510,737
102,395
31,520
Mliineap. & St. L.March
334,535 332,169 1;272,662 1,193,.541
Missouri Pneltlc. April
206,757 231,307 1,048.246 1.172,810
Mo. Kaus. & T«x .May
642,499
115,325
97,037
741,862
Mobile& Ohio. ...April
128,469 126,372
605,303
564,908
Nashv. Ch.& St. L. April
59,229
37,308
139,319
78,717
N(ntheru Pacific .March
24,202
24,970
Pud.J; Elizabetht.-May
16,424
86,068
73,699
19,336
Pad. k Memphis. May
215,090 225,827
804,604
878,568
April
Phila. & Erie
991,029 1,340,119 2,885,753 3,806,646
Phila. & Readiup. April
7,518
193,645
210,930
9,130
St.L.A.&T.H.(br8)lstwk J'uo
72,900
72,512 1,685,165 1,730,489
St. L. Iron Mt.&S.lstwk J'ne
32,705 1,409,887 1,321,357
55,260
St. L. K. C. & No. .2d wk J'ne
22,840
491,919
556,876
17,966
St. L. & S. Fran.. .2d wk J'ne
232,641
44,418
239,601
46,021
St. L.&S.E.(St.L.)May
1 17,201
134,165
29.036
22,697
(Ken.).MBy
do
58,421
12,695
68,997
18.071
(Tenn. I.May
do
129,471
38,269
180,248
April
49,579
St. Paul & 8. City.
116,595
73,970
28,974
21,579
SlouxCitv&St. P-Aprll
101,164
6,066
2d wk J'ne
Scioto Valley
135,494
238.667
31,000
59,900
Southern Minn. ..April
558,090
438,129
19,636
21,935
Tol. Peoria A: War. 1st wk J'ne
82,974 2,047,922 1,862,525
73,925
2d wk J'ne
Wabash
The Gold Market. _(3lold has declined again since the failure
of the last Greenback bill in Congress, and sold to-day at 100|.
On gold loans the borrowing rates were 3 per cent to flat. Silver
in London is quoted at 53d. per oz.
Tlie range of gold and clearings and balances were as follows
.
.
and lowest prices liave been as follows:
—
Week or Mo. 1878
1877.
Chic. Mil. & St. P.2dwk J'no 141.000
12»,70fl
(lev. Mt. V. ik I> May
.')5,808
30,388
Dakota .Southern .\pi-il
19,777
18,806
Deiiv. A P.lo (! ...Istwk J'lie
12,.'»00
18,507
Detroit & Mllw
April
77,364
70,636
Dubii(iHei<t».CIIv.l.''twk J'no
17,.375
13,819
Erie
.March
1,147,208 1,170,714
(Sal. II. &S. Ant. April
90,682
70,4.30
Grand Tntnk.Wk.end.J'ne 8 1.53,.")79 155,335
Gr't Western .Wk.end.J'ne 14
71,.578
73,851
111. Cent. (Ill.llne) May
444,255 369,495
.
.
Saturday,
•Tune to.
Monday,
June 17.
Tuesday. Wedn'^Jd'y Thursday,
Juoe20.
Jane|8. June 10.
31
106)^
C'entral of N..)
Kurl.& 6.
C. Wll.&St. P.
Ctllc.
do
do
C. K.
31^
lOM
pref.
&
Chtc.
Friday,
Jnne21.
North.
pref.
& Pac.
I.
Del.& H. Canal
W
Del, Lack.ft
Erie
Han. *
do
St. Jo..
pref,
illchiffiin
Morris
.«
K.y.c. 1
OhloA
83U
5««
^^
IlUnalsCent...
Lake Shore
..
8-1^
sayi
Cent
Essex
11.
1
Miss...
PaciacMail....
Panama
Wabash
Cnion
Paciftc.
:
West. Un.Tei.
Adam?
K.\p
American
47j,
cix..
United states
Quotations.
do
June
These ;ire the i)rioe.'* bid and asked: no sale wa.s made at tlie Board.
Total sales this week and the range in prices since Jan. 1, 1877,
17..
18..
19..
20..
21..
'•
Jan.
Sales of
N.J
I
8,084
Chic. Burl.& Quiucy.
Clue. Mil. ,fcSt. P.. ..
do
pref.
Nortliw.
<1()
Isl.
1.5.50
82,910
5,925
&
5(>,460
.
pref.
17,:j'2l)
Pac.
15,470
4,441
81,092
88,250
Del. & Hudson Cniial
Del. Lack. & Westeni
Eric
Hannibal & St. Jo. ..
700
do
do picf.
1,000
minois Central
2,080
Lake Shore
283,031
Mlehisrau Central
11,100
2,600
4,905
9,775
37,805
&
EHsex
N. Y. Cent. & Hud. R.
Ohio >fc MlKKinsippi
Morri.^
.
.
Pacilie Mail
Panama
Wabash
75
Uuidu Paclllc
Western Union
Tel.
Adiiiiis ExiireiW
Ameriian Express
.
11,012
3,055
54,495
.
215
145
United States Exp...
Wells, Farjro
&
30
Co...
Qiueksilver
do
pref
2.300
Total sales of the
June 15
"
"
"
"
"
17....
18....
19....
20....
21....
Total
.
.
1,
1878, to date.
week
Lowest.
1877.
North-
Lake
West'm
St.
west.
Shore.
Union.
Paul.
6,105
8.120
5.210
21.165
.5.205
7.7.50
54,060
77,419
9,800, 41,670
16,300, 33,827
56,460 283,031
Jimo
June
41
6
37%
7',
94
11878
4218
Jan. 2 54% May 31
R8i8 Jan, 30 81
May 31
33I8 Feb. 11 55I4 Apr. 17
78
59% Feb. 9
14 May 31
98^ Jan. 15 lliJiaJuue 7
45 Jan. 5 5812 June 10
4(>38 Mch. 5 59% June 10
7=8 Jan. 5 17=8 June 5
10 Feb. 28 13% Apr. 16
2158 Feb. 28 31% Apr. 16
72 )8 Feb. 14 i5% Jimcll
58^8 June 21 J914 Apr. 15
581-2 Jan.
y.
72=8 Apr. 18
67% Feb. 28 89 June 10
103% Feb. 11 112 June 11
Jan. 16 III4 .\pr. 15
1458 June 21 23^8 Jan. 16
112 Jan. 5 131 Feb. 25
12U June 21 20% Apr. 5
64=8 Jan. 4 73 Mch. 20
75 14 Feb. 13 86% Juno 14
98 Jan. 8 104 May 10
47 June 14 .5212 May 8
46 Jan. 22 51% Feb. 25
8212 Jan. 7 95 June 5
141a June 13 19% Feb 25
29% Feb. 5 37 June 15
3fi
in leading stocks
8,000] 12,570
11,050; 63,485
Low. High.
HiRliest.
I3I3 Jan. 2 32
99 14 Feb. 28 108
6.100
6,1.50|
54,495
Whole stock. 151.031 494,665 337,874
"
11
4078
15
73 14
4378
6912
1051a
74I2
251a
30-8 77
4% 15
1579
7
17
337a
4OI2 79
37%
82%
73%
45
35=8 74 14
51I4 921a
8514 IO914
21a
12'8
80
11%
26I4
130
59% 73
56
84=8
91
105
43I4
()0i4
36
59%
81
13
90
24
45
197rt
,
Erie.
Del. L.
&
West.
9.475
Pacific
Mail.
.
,
;
:
10.400
12,8(KI
11,130
82.910I 88.250I 81,092
37,805
1.54.012 780,00O'524,OOOl2O0.O0O
-Latest earnines reported.
.— Jau.l to latest date
18
1878.
1877.
1877.
Atcli. Top. & 9. F. 1st wk J'no $(i0,0f)0
$:«),719*I .307,383 $890,659
Atl. & (it. West... April
276,372 303.1 li
l,TD8.8e3 1,103,574
Atlaiiti<Mist<.& O.April
,501,49.^
126,931
516,.508
124,646
B\irl.& .M<i.R.inN'. April
288.212
146.362
498,737
68,978
Bur. C. Rap. At N.2dwk J'no
391,311
739,289
25,048
14,901
Cairn & St. Louis. -May
103.757
24,2.39
85,197
23,333
Central Pacine....May
1,574,000 1,554,653 6,407,410 6,354,471
Chit ago A Alton .3d wk J'no
94,959
96,860 1.828.765 1.846,339
Cfflc.Bnrl. &
1,157,447 017,447 5,402,631 4.514,313
.
Q.May
4.^1
i a
4.-<l I"
.
(francs)
Bi*emen (reichmarks)
Berlin (reJchmarcks)
Sl%
•-
//
.">
!•'«%
5.1
1^
//
.".
ir>%
95
95
95
95
3 days.
4.86%»4.87i3
.851a
5.1
Hamburg
Frankfort (reichmarks)
1
1.J
5.18 1-
'.
(guilders)
(lelchniftiks)
I
a \ si
a 1 xaij
4.-^:i
40
4.86
4.85
94.86\
®4.85»s
4.84«aa>4.85
5.16i4®5.13%
5.16i4®5.13%
'
ri.l6i4®5.13%
1014S 40%
.
'.)5iga
95>aa
95i«®
95133
!t.-.'4
•a
05 H
95 14
95%
95%
95%
95%
—
Boston Uank*. The toUowiog are the totals of the Boston
banks for a series of weeks past:
'.
Jane
Jane
Jane
—
21.
Swiss (francs)
from which returns can be obtained. The
columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. I to, and including, the period mentioned in the second column.
railroads
Week or Mo.
60 days.
Anistenlam
May
May
all
.
—
Antwerp
6.810| 19,067
5 5.50
are quotations in gold for various coins:
Dimes & ^ dimes. — OSia® — 98%
$4 87 ®.$4 90
Silver 14s and las. — 98ia® — 98%
Napoleons
3 92 ® 4 00
— 93 a — 94>a
X X Reichmarks. 4 75 ® 4 81. Five francs
Mexican dollars.. — 92ia® — 93
90
-a)
4
10
3
XCiiiilders
4 75 ® 4 85
English silver
8i)an'hDoubloon8.15 70 -316 00
Prus. silv. thalers. — GS ® — 70
Mcx. Doublo<ms..l5 50 ®15 70
— 98i<>® — 98%
Trade dollars
1151^® 116
Fine silver bars
par.^Uprem. New silver dollars — 99%a — par.
Fine koUI bars
Exchange. Foreign exchange has been very dull, and to-day
there was hardly anything doing for to-morrow's steamers.
Bankers do not care to draw as they cannot replace their bills by
the purcliase of commercial exchange according to their usual
custom. Sterling bills to-day were quiet and steady at 4 84l@4
and 4 86i@4 87 for demand.
8.5 for bankers' 60 days'
In domestic bills the following were rates on New York to-day
at tho undermentioned cities: Savannah, buying \, selling J premium; Charleston, easy, offerings light, 3-16@l-5 premium,
St. Louis,
i premium; New Orleans, commercial 1-16, bank J
$1 premium; Chicago, .50 premium; and Boston, 12^ premium.
Quotations for foreign exchange are as follows
Paris (francs)
50
$888,708
$878,000
The following
Dociimeutary commercial
2.975
2,200
8,650
7,.500^
100% $67,408,000
100% 60,228,000
100%
Pi'inie bankers' sterling bills on Ix>ndon.
(ioD.l bioikiis' and prime commercial...
( ioiuX coimiiercial
32,930! 10,900
12,<i0ol 20,2751
8,700
9,325] 10,450 14,325
I7.210I 12,235| 17,700
26,800j
$1,597,085
14,929,000; 1,314,828 1,328,072
ll,394,000i
981,50()|
991,752
10,tJ03,000 1,325,166 1,421,422
10.091,000
992,050 1,000,376
923,000
979,934
8,377,000
Sovereigns
JCSE
were as follows:
„
This week 100%' 100% 10078
Prey, w'k 101 1100% 101
.S'ce Jan. 1 10279 10019 10278
The total number of shares of stock outstanding is given in the
last line for the purpose of comparison.
The latest railroad earnings and the totals from Jan. 1 to latest
dates are given l)elow. The statement includes the gross earnings of
I
Whole year
Week.
Shares.
&
"
"
"
were as follows:
do
Chic. Rook
Cnneuoy.
Gold.
$12.014.000iiill..^S3, 025
100% 100% 1007hIiOO%
100% 100% 100% 100%
100% 100% 100% 100%
100% ioo%iioo%!ioo%
100% 100%! 100% 100%
100% 100% 100% 100%
1.5..
'
do
Chicago
ClcarinKS.
CIos.
I
pref.
Central of
Gold
Open Low. High
.
WellJ. Far«o..
Qnlcksllrer....
Balances.
Loans.
Specie. L. Tenders. Deposits. Circulation. Aug. Clear
%
%
«
«
%
%
181.486.100
1*3.87»,400
b,36'S,3O0
3,415.600
48,857,900
9S.5.'i9,501
4H.«n,n46
4,767.400
.%;ii6.40)
42,5311,187
May
27.
liS,«32,»00
1S1,973,900
4.11(1,100
3,»5», 00
48,81-i,3l»
49,31fi,»on
S5,4.Vi,'2
.Vay
6.
13.
28,
4,-.60.i!00
3.418,600
5.26 '.'00
48.893.900
50,lKS,8aO
1M,010,400
125,TM,;0«
8,S1!,8..'0
s.r.'w.ioo
Sl.if7il,400
SS,5M.tOO
43. 131.304
3.890,900
«,4:4,l»3
51,57«,!kO
85,5a7,60J
4e,8n,s:5
1878
-1.
10.
17.
1'«,5W,1C0
Philadelphia Banks.
3,6»r.60O
— The
S5,S7M(X)
41,6>4,818
37,386,411
«.44-l.300
!n,<i;6.446
S.-).099.40O
totals of the Philadelokia
banks
are as follows
Loans.
1873.
6.
May
May
May
May
June
Jane
Jane
11
Specie. L. Tenders. Deposits. Clrcnlatlon. Agg. Clear
S
5».125,807
57,741,:8I
t
2
082,53.1
2.08;,914
S
t
S
t
11,MI.7*1
11,M4,516
44.1.'i4,K0!
11,153,033
11,145.980
30,507,610
2 .046,400
ll.lO'i.SlU
3S7^I,6M
fO.lMJSS
20
5-,480,89'>
2.0(X),:-2S
11,»>TS.3(M
27.
57,106,350
57.141.428
2,001.175
1.957.813
1,948.851
1.810,S«S
I2,23I,9M
3.
10.
57.380,l!8r
IT.
5;,5«2,83J
».7«S.7flO
12,777,652
12.GI4,iS95
43,987.692
44,1.W,«18
43,8.'»,4W
1I.08«.7!n
4i.9aM.7«
lI,0«9,tW
».80a,aOS
44,814,241
41,900,053
ll,0;0,141
11,049,673
S9.00S.ttS
81,067,892
.
——
.
t
1.
.,.
,
THE CHRONICLE.
620
New York CUy Banks.— The following statement shows the
condition of the Associated Banks of New York City for the week
ending at the cominencemeat of business on June 15, 1878
ATERAGK AMOUNT OP
Legal
CirculaLoauB aud
Net
tion.
Capitil. Discounts. Specie. Tenders. Deposits.
Banes.
«
s
$
S
t
S
9,100,400
8,<lb",5CO 8,947,200 1,4-8,300
40,000
3,000,000
New York. ...
2,i 60,000
6,671.100
5,2;«.5O0
489,800 2,519, 41.0
7.500
Uanhattan Co,
BOSTON, PHII<ADEIiFUIA, Etc.-Coatlnaed.
8KCUBITIE8.
Bid,
:
Merch.mts'
Phcenix
3,0.0,000
2,000.000
1,200,000
3,000,000
1,0 0,000
City
1,000000
Tradismen's
Pulton
Chemxal..
..
Merchants' Exch.
l,i
. .
Mechanics'..
Union
America
7,833,400
6,340,900
6>l,-2no
8,696,3011
7,858,300
193,0
S31,5J0
503,0.0
185,000
841,800
637,400
1,290.300
3;9,000
3,480,0.0
167,800
497,000
4,.'>29,
3.941,!t00
8,ai5.603
2,361,000
5,41",5O0
1,:J4»,000
284,000
82,100
767,000
177,500
217,600
8K,OU0
1,402,100
862.900
•'•,600
3,l''e,503
l,834,»i)0
9,866,iJ.0
00,0.10
6 0,000
300 000
3,164.000
3,831,600
1,000,000
Gallatin National l,6C0,OJ0
SOO.'OO
Butchers' *Drov.
MechanlC^' & Tr
e^O.OOO
Greenwich
..
200,000
83.i,.30O
Leather Man uf'rs 600,f'00
Seventh Ward..
300,000
State of N. T<irk.
600,000
American Exch.. 5,000.000
n,4c6,ooo
834,000
Commerce
14,751,400
1,367,200
60,400
Pacific
5,000,000
1,000,000
1,000,000
423,700
Republic
1..500,fl00
Broadway
Mercantile
Chatham
2,.308,IOO
935,600
1,6; 7,400
4, 77 i, 400
3,433.600
1,9>2,300
3,079,800
2,795.100
1,219,300
1,561,500
5,0)0,100
2,029,000
1V,16I,000
2,499.5.'0
6i5,000
503,400
6;8,I00
484,100
227.700
28.400
195,'.;00
l,Oio,ooO
1.(00,000
1,000,0
1,897,100
2,492,800
1.945,800
Shoe and eather
Exchange
1,(100.101
3.538,00;>
.308,100
.390,100
1,COO,000
3.815,700
826 C03
Continemal.
1,-ioO.iHIO
a,515300
91,100
23,800
300,000
40n.000
Importers'i&Trad 1,500.0(0
l,i51,100
2,035,000
412,.5O0
North America..
Ha»over
Irving....
Metropolitan.
..
.
Citiz -ns'
NaB.=aa
Maiket
St.
Nicho'as
.
Com
OricEtal
700,000
1, 00,000
500,000
3.000,000
600,000
l,8!5,!K)0
..
Marine
Park
16874,500
10,710,100
6C6,50O
54^,300
776,500
8,0(X),Oi'0
Mech. Bkg. Ass'n
500.000
30u,0«0
840,000
East Kiver
850,000
...
Manuf'rs'
Mer,
luO 000
Four(h National 3.5 0,000
Grocers'
Norlh Kiver
•.81,300
&
Central Nutional.
Second National.
Ninth National,.
Fir.-t Natioi al
2,0'):j,M0
Third Nuti.iual..
N. Y. Nnt. Exch.
1,00',0('0
Bowery Nali.mal,
New York County
German Amer.c'n
250,000
2 0,(0J
00
75i,(00
600,000
Total
S,048.0l!0
,300,(
. . .
The
345.500
12,7.4,100
6,915,000
3..321,3i)0
6.208,9(0
5,03 -,90O
1,119,100
1,055.500
1,071,400
l,h9r,400
.300,(1(10
750,0(X)
66,."'8;,20O
311,000
198,000
2,700
258,800
34,400
4'.,000
201.0,
1,962,1(10
103
45b'.6fl6
3!)-,50ll
5,400
1504 301
440,3'6
4,591,100
1,980,400
.
1,862:000
f, 921, 000
a,
382.500
234,000
1,892 300
1,667.200
1,636,700
788,000
2,651,100
1,7)5,300
450,-
0(1
181,700
685,801)
2,.374,300
2(1,400
250,00)
109,000
496,00
807,^00 3,540,800
580,400 3,119,200
22,000
108,:J00
170,! 00
1,200
80,700
181,200
74,7i
94,000
3,900
124,9,)0
grj.ooj 2,147,500
1(7,000 1,561,000
501,000
87.700
656,300
6i3,3n0 9,483,0110
188,600 1,497,-300
1 19,000
33,700
5,000
829,000
33<,800
146,300
403,200
1, 144.100
2,017,000
16,217,100
12,580,800
436,000
518,300
706,600
583,900
434,9,0
10,73 ',800
5,951,000
I
1
.
The following
Loans.
li.
25,307,500
27,093,200
836.^81,800
238,404,300
28,477,.)00
30,193,600
31,330,000
33,146,900
Feb. i. 24I,275,.50O
Feb. 9. 243,(-5;,300
Feb. 16. 242,859,900
Feb. 23- 24t,6.-9,100
Mar. 3. 246,456,200
Mar. 9. 216,3311,800
Mar. 16, 243,978,903
Mar, 83. 241,,WH,7O0
Mar. 30. 241,590,900
Apr. 6.
Apr. 13.
Apr. 20.
Apr. 87,
4.
11.
33,011,1.00
S2,3J9.400
33,326,400
37,116,900
39.-')45,90O
240,i;49,100
236,018,400
233.113.400
181.7(10
510,310
4.700
766,400
232,030,700
18.
85,
23-3,122,600
1.
833,997,200
231,049,400
8.
2-i6.:33,N03
Jun. 15.
234,139,100
10
111
95,300
1,068,500
1,3(16,000
1.085,000
270,0.0
( 00,0110
450,. (0
812,(100
1,8-39,303
•;25,000
793 300
266.830
180,000
1,896,400
6,.300
Tenders.
t
31,613,000
34,8114,000
37, 189,300
weeks past:
Deposits. Circulation. Agg. Clear,
t
(
201,981,500
203,666,000
19,787,100
19,861.600
19,841,800
19.798,10)
19,761.300
19,687,100
19,781,200
19,806,900
412,729,867
403,812,618
408,472.874
378,019,773
340,214,147
344,105,463
343,070,334
289.487,491
19,838,,500
400,609,6,30
377.110,111
205,973,:300
87,331,203
37,362,300
34,877,000
34,845,600
207,171,200
210,301,700
211,713,000
33,9711,1100
210,891,600
213,9*3,400
215,155,900
813,085,100
211,938,500
810,378,400
204,661,200
301,986,600
202,053.400
200,875,000
199,0J4,000
33,137,900
30,0.15,900
.30,336,300
29,605,700
.36,620,700
26,637,000
28,666,100
32,186.000
34,933,800
38,435.300
29,48.5,400
213,13'2,000
19,883,100
19,910,700
19,90(1,300
19,912,300
19,944.600
19,959,200
19,983,400
20,021,800
19,998,300
.33,613,000
81.1,0.38,000
20,033,I(K)
41,020,100
44.033,900
47,248,003
47,816,400
49,502,900
199,686,100
198,985.300
199,867,900
202,271,600
205,785, -.00
20,012,300
20,00.\800
401,593,977
373,731,072
359,833,328
STATE AND CITY BONDS.
reg. or cp.
cur., reg
reg., 1892-1903
10-15, reg., l'77-'82, 10ti«i
do
15-35, reg-, 1882-'92
do
In. Plane, reg.,18i9
do
Philadelphia, 58 reg
66, old, reg...
do
Penno.
do
do
58, g'd. Int.,
5s,
53,
6s,
6s,
6s,
19,941,1100
111.979,600
339,022.4.52
19,984,900
393,9.13,811
374,239,182
IN
BOSTON. PfllLADElPniA AND OTHER CITIES.
Bid. Ask.
SICmEITlltB.
BOSTON.
SECtTBITIKS.
tlartford
Maine 68
New Hampshire 6b
VermonttiB
Maaaachusette Ss, gold
UoBton 6s, currency
118
Chicago sewerage "78
do
Muulelpans
Portland 69
&
Erie
78,
Bid. Ask.'
new
IS-H
15«
Dgdensburg i, Lake Ch.Ss...
OrdColony,7B
:i'3
68
do
10^
Oraaha & S. Western, 88 ....
Pueblo & Ark. Valley, 7b
lOOH 101
75
Verin't C. lat m., 78
"Vermont A (Janada,
new
14
Bs..
Vermont&MasB. UH.,68
& Tcpcka)stm.7«
ioin
STOCKS.
do
land grant 7b
105J6 Atchison & Topeka
do
2d 7b
85 hi Boston & .'Vlbauy
do
land Inc. 88.. K7H 108
Boaton & Lowell
Boston « Albany 7b
tl5«
Bo8ton& Maine
do
6a
Boston & Providence
Boston & Lowell 78
110
Burlington & Mo. In Neb
Boston & Maine 7b
liostcn & Lon ell 68
Cin.Sandusky & Clev
BoBion & Providence 7* ....
Concord
Atch.
Bnrl.
& Mo., land erant. 78.
&
cp., 19U.
6s,g'.ld, reg ..,
73, w't'r In.rg. &c
lOi-M
.10 78, 3tr.imp..re«.,'S3-S6*
60
Jersey 6s, reg. and coup ..
exempt, rg- coup.
do
do
do
do
5s, reg.
.
7b, reg.
&
-
&
34
2.'«
4
5
44
49
47
>vlnehlll
^«
&
Trenton
Ph'la.Wllmlng. & Baltimore.
Pittsburg Tltusv. & Buff
United N. J. Companies
West Chester cousol. pref
4^
5«
123}:
123 J«
Chesapeake 4 Delaware
Delaware Division
Lehigh Navigation
1714
Morns
do pref
..
Peansylvanla ..
SchuylKlU Navigation
pref...
do
'82.
.
107
...
.
ruchburg
KK
,
6.»
ll's'.^
iVfl
noH
111
74H X75
11 '3
108
7?«
l'2U
107«
3H
Conn.& PaBsumpslc
lEastern (Mass.)
EaBtern (New Hampshire)... :«;«
108
Kan. City Top.* W., 78, Ist 107
00
do
7b. Inc
BMtern,Mas8..8w«.n.-w
..
Manchester & Lawrence
& Lowell
X
...
131
Nashua
ibb
New York A New
il
Phlla.
& Bead,
103
73, cp-.'SS Wl'4 103
let m. 6s, '43-'44. -.05
lOfl
'48-,49.
do
do
2d m,, "8, p. ,'93
do
do
debeu., cp., '93"
cps, off.
do
do
scrip, 18S2.
do
In. 111.7s, cp,1896
do
do cons, m. Is, cp.,19t!.
do cons, ni, 78, rg.,I9',l-.
do con3.m-«3,g-l.i9il....
do conv, 79, !a'J3*
do
78, coup, off, '93
do scrip, 18&2
Pblla.A Reait. C.& 1. deb. 7b,
.
•
<*•
....
•
In default nf Interest.
st'lt,
99K
105
112
85
106
112
S2
89
13
Ind,, 78, guar. ...
1st m. 73
Indiana
2d m. 7s, '17...
do
Colum. & Xenia, Ist m. 7b, '90
Dayton & Mich. Ist m, Is, '81,
do
2(1 m,7s, '84.
do
3d m. 78, '88.
Dayton & West. Ist in., '31 ..t
do
1st m., 1906
Ist m.rs, 1903
do
Ind. CIn. & Laf. let m.7B
(l.&C.) lstm.7s,'8l
do
Little Miami 6s, 'as
Jin. Ham. & Dayton stock.
Columbus * Xenla stock
Dayton & Michigan stock...
do
8. p.c. Bt'k.gua'
Little Miami stock
.
.
70
97
37
07
7a
V^
SO
Oo
lO
104
103
00
106
1Q3M
98
98
00
100
87
78
93
«8>i.
83
87
'90
88
•
•••
US
9SX
"m
88
100
102
1
6s,'82to'87
97)^ 98
68,'97to'9S
t 97>s US
water63,'87to 89,t 97Hi 98
1
98
Bpec'l
80
103H
lO-t^
100
L0UI8.& Fr'k.,Loul8V-ln,63,'8
Loulsv. & Nashville—
Leb. Br- 6s, '86
t
98
Ist m- Leb. Br.Ex.,78,'80-s5.t
07 >s 98
do
6s, 'l)3.,-t
Lou- In.
t;onsol- lstm.7s, ''.18
103H 104
Jefferson Mad. <!k Ind stock
Louisville & Nashville Block. 37
St.
20
62
Louis
10
3t.
-f
6s, loi.g
6b,
t 101
ma
104
gold
t 103
do new.f 1031-i
bridge appr..g. 69 t 101 ibV
04
reu'-'wal, gold, 6,3-t i03
water
do
do
do
do
do
no
St.
60
30
102
108
ibo-H 103
7s, '85..
ST. iiOiris.
lid
40
101
101
08
105
108
pref.
1st in. 78, '80
2d m.
Ham. &
103><
sewer, g. 68, '9;.2.3.t 103
Louis Co. new parb,g.63.-t 103
cur. 78
do
t 104>t
L.& San F. Rli. bds, scr's A
do B
do
do
do C
do
do
England...
Northern of V,.w INmn^hlro
96
112
88
(
'
-
7-308.
6s, gold t
68. long., .t
1 to 5 yr8,,t
water stock 68,'97.t «7H
wharf 68
«7>i
tax6<of '89.-t
Loul vine Water 6a, Co. 1907 101
Jeff. M.&l,lstm- (1«M) 7b,'8l1
2d in.,7s
do
Ist m., 78, 1906-.- -t 105
do
Loulsv.C-A Lex. 1st in. 78,'97
ex pa^t-due c upons
103H
.
m
Ham. & D.
do
do
do
do
do
do
scrip
2d
7s,
Cln.ft Cov. Bridge
7s,'f2
Navy Yard 6a, rg,'*l
do
Perklomen 1st m. 83, coup.,
Phlla. & Eric 1st m 63, cp.,'8i
do
ioi"
van 100«
95
100
7&7-80S, long.t 101
do
do
&
93
103
t
t 106
South. RR.
LoiUsvlUe 78
Pennsylv,, Ist m., 6b, cp., '80..
gen. m. 6s, cp. ,1910
do
zen.
6s, g., 19:0.
do
cons,
6 -, rg., 19U5
do
cons. m. 6s, cp., 1905,
do
m
m
104
105
LOITISVIIiLE.
North. Penn. 1st m. 6s, cp-,'85 :09«
2d m. 78,cp,. '96. 1"H
do
do gen. m. 7s, cp., 111O3
do gen. m. 78, reg,, 190- 107
fO
011 Creek ist m, 7b, coup.,'8i
rlttsb. TIl.usv. & B„ 7s, cp.,'9(j 48
RP.. 7s, '96-1906,
t
78
7-308
do'
do
Ilamllton Co., O.,
CIn.
Gin.
Junction l6t mort. 6s '83.
2d mort. 68, 19J0
do
I.. Sup. & Miss., 181 m.. 7s g.*
Lehigh Valley, lst,63, cp.. 1895
doreg.,189J.
do
do 2 m.,"s, reg., 1910 114
do con. m.,63,rg., 1923 98
6s,'p.,I9S MS
do
do
do
do
do
do
do
108
103
do
Pa.&N.T.C.i
do 63, 3d m,, guar., J, & J. 111
Mar. & CIn. 7s, '92, t". * A, ... 81
do
^d, M.
28
do
83, 3d, J. A J
12>s
CIn.
..
Ibt m., 78, '80,
m.
do 3d m., pref
00
do 2d ra.,gr. by W.Co.J&J 103
05
Delaware mort., 63, various, 104
98 '100
D.'l- & Bound Br„ 1st, 78.1905
EastPenn. Ist mort. 78, '88
lO-i.Sil....
Little Schuylkill, Ist
103
104
CINCINNATI.
Wilks.,lBt.,78, 37.'
Wmsport,
.
Northern Central 6s, '85, J&J 10-5*4
do
63, 1900, A,&0. 100
do 6s, gld,1900, J,&J, 95
Cen,Ohlo6s, l9tui„'90,M,&8 19
W, Md,6s, lstm„gr.j'90,J.&J, 108
do 1st m., .8», J.& J... ao
108
do 2dm.,guar., J.& J
Cincinnati 6s
&
H.&
68, 1830, J, &J.,.
6s, 18B5, A-&0.
Baltimore Gas certlilcates..
10»i^ 110
108
21 m., 7b, cur., '80 3015< 102!^
do
Burlington Co. 68. '97. lOlH 102>t
chat, in., IO9, '88
do
new 7s 1890
do
Connectlns 68, 1900-1904
Dan,
,
People's Gas
.
mort. 6a, '89
do
Cam.ft Atl.lat ra, 7s, g., 1903
conv.,
& Ohio
.
*N
78,E,ext.,1910 87
Inc. 7s, end.. '94. 34
Belvldere Dcla. 1st in.,6s,19(l3. 104
.10
2d m. 68. '8i.. 101
31 m. 6s, '«.. 94
do
Camden AiAmboy 63,coup,'83 103
63, coijp., '8S 101
do
'Ts,
85
mSCKLLANKOUS.
Vai., 7 3-lOs, 1895.
1st,
SO
Union RR. Ist, guar,, J, & J,,
do
Can on endorsed.
Susquehanna
Catawlssa
.
do
CANAL STOCKS.
Cam.
100
do
Wash. Branch. 100 110 130
do
Parkersb'g Br..50
1
5
Northern Central
50 13« 14^
Western -Maryland., f.
5
,50
Central Ohio
25
50 33
Pittsburg & Connell8vllle..50
1
5
RAILR.)AD noNDS.
8
W. Va. Sd m.,guar-,'S5,J&J 101 104
15« 15^ N.
Plttsb.A Connellsv-",s,'98,J&J OlM DiH
WestJersey
Allegheny
do
do
lot)
RAILROAD STOCKS. Par.
Bait.* Ohio
Bait.
....
& Kead ng
105
108
do 6s, 189,1, quarterly... 10:* S, 108
do 6s, park, 1890, li.—M 1081^ lis
30«
112
low
do 68, 1893, M. AS
do 6a,exempt,'93,M,&S 110 115
108
118
do
1900,J.&J
do
109 1113
190i,J.aJ
Norfolk water, 88
38«
Neaquehonlug Valley
Norrlstown
Northern Pacific, pref
North Pennsylvania
Pennsylvania
Piillsdelphla
Phlla'lelphla
110
112
|110
35
pref-
Phlla.ielphta* Erie...;
37«
1
Lancaster.
do
90
107
110
106
05
BaUlmore 6s, iSSI, quarterly. 105
do 68,1886, J.&J
105
Uunllngdoa* Broad Top.-do
Lehlgh Valley
Little SchuylKlU
IMii
104H
,'97,
Maryland 6s, d-fense, J-& Jdo
6s, exempt, 1887 -do
6", ,890, quarterly,
do
5s, quarterly ....
-
Atlantic
P. Mt- Joy
rg,,'8(
BALTIMORX:.
coup.
coupon
is, coupon
RAILROAD STOCKS.
68,
llarrlsburg City
9«W
do
2d m. 63, reg., IW.
do 6s, boai&car,rg.,1313
do 7s, boat&car,rg.,19 5
Susquehanna 63, coup,, ,9,8 .*
&
do
Delaware
Dela Istes,
SchuylK. Nav.lst m,iis,rg
-
Camden County 6b, coup
Camden City 63, coupon
12H,
138
..
do
Seb.88,l»9l
do
Neb. 8s, 1883 ...
Conn. & PassumpBlc, It., 189?.
121i<
78, 1900
78, 1901
Ind, 1st, 6s, 1884,
Ist m. 7b .907,,.
I-.
'iJ
40W 40%
.,
Louis
Delawa-e Division 68, cp., 78.
Lehigh Navlga m., 6s, reg., '84 104
do mort. KR.. rg..'9: 104
do m. CO v. g,, g,,'ill
do mort. gold, '97
do cons. in. 78, rg., 1911
Morrl8. boat loan, reg., .835.
Pennsylvania 6s, coup,, ',910,
.Allegheny City 78, reir
43, coup,, 1913
PlttsDurg
&
Chesan.
do 6s, n., rg., prior to '95 112J!
do 63, n„rg,, 895&over 118*
Allegheny County 5s, coup..
I
QUOTATIONS
St.
do
Ist m. 6s, cp., '96,
do
Ist m. 7s, '99
Western Penn. KR. 6s,.-n.l89i
do
68 P. B.,'96
CANAL BONDS.
new.
53,perp ... -,,
lo^iiio
flarilsburg Ist mort, 63, '83.
110
H. & B. T. Itt m. 7e, g)ld, '90 1-8
'3d m. 7s, gold, '95.
do
3d in. cons. 78, '95*.
do
78.,'90
IthacaA Athene Ist g d,
3-1,364,165
*
St.iubenv, &
Shamokln V,& Pottsv
m
.381.41.5,335
.361,573,687
38-2,688,684
cp3 .off
do scrip, l.*i2
do mort,, 78, 1892-3
Phlla.Wllm. sB.lt, 6s. '84
Pitts. CIn.
Ask.
Bid,
.
E1.&
439,525;545
7s.
!
Sunbarv<fc Erie l8lm.78, '97.. 103
Un(on& TlLusv. Ist
7b, '90.
United N. J cons. m. 68. '94.
Warren & F. Ist m. 73, '9^
81
West Chester cons. 78, '91. ..
West Jersey 63, deb., coup-,'B:
4»1,442,0,)5
436,1,80,360
419,3(11,399
SKCUBITIB8.
Stony Creek
30K
PHIIiADEI<PHIA.
liar.
324,000
1,101,800
541, 00
304,500
85M 85M
RAILROAD BONDS.
39,687,500
38,767,600
35,486,900
33.935,903
3.',385, too
30,051,900
27,469,600
23,030,200
19.821,100
17,001,800
16,801,300
17,105,8.0
2.3^,,801„500
829,',)36,400
Vermont & Canada
Vermont & Massachusetts
Worcester & Nashua
,666,600
Specie.
239,2.56,100
23ii,«36,300
Portsmouth
pref
do
do
Catawlssa
pref
do
new pref
do
Delaware & Bound Brook....
East Pennsylvania
ElinIra,Si Wllliamsport
do
pref..
do
Inc..
are the totals for a series of
1878.
Jan. 5.
Jan, 12,
Jan. 19.
Jan. 86.
XIOO 101
&
C mden &
2,960,600
8,026,200
5,078,600
722,500
Circulation
S3M
pref.. 101
'83,000
3 900
301.300
Ask
Phll.SR.C &I deb.
"Worcester
L. Champlaln
231, nun
,'
3' 1,000
&
naciana, common
do preferred
8-3,9
234,639,101 17,103,200 49,502,900 205,783,200 19,98 1,9;0
Inc.
Inc
&
do
Old Colony
Portland Saco
N.
1,812,800
2,615,500
1,13-', 100
217,700
286,000
995,100
396.500
Norwich
Ogdcuso.
1,903,800
896,600
160,(03
:
Specie
Legal tenders
Jime
June
384,:i00
deviations from returns of previous week are as follows
Dec. $1,493,830 N^t deposits.
Inc.. $3,513,400
Loans
May
Hay
May
May
54.',
6r9,800
2,4;0,6CO
8,041,500
90 ,000
1,011,000
821,600
1,916,100
915,000
1.728,500
8.338,000
9,2 i7,.300
3.232.103
3,0S3,600
236,0.10
187,f,00
131,300
17.200
iro.ooo
133,S00
83,600
483.000
88,700
39,800
S9.900
89,9:0
450,000
PeCDle's
9,1147,300
369,800
211,600
465,000
1,766 000
881,0.10
776,7CO
1,87(1,500
1,484,000
564,700
442,300
141,000
260,EO0
89,000
in4,400
167,0.0
135,0P0
1,100
240,000
00
2,921,300
6.805,700
8,049,000
6,744,700
1,813,400
XXVL
[Vol.
*„rt
t
44
25
23
47X
27
•23X
.
June
«
...
... ..
.,.
, ..
,
.
.
THE CHRONICLE.
22, 1878.]
621
QUOTATIONS OF STOCKS AND BONDS IN
Bonds and
U. S.
...
,
Railroad Stocki
aetvce
am
quoted on a previous page.
NEW
PrireB represent
tTie
YORK.
per etnt value, lehateter the par may
be.
state: B0NO9.
Bid.
UaDADit
ilo
do
do
do
do
do
ft
8«,1988
«
8a, M.
ea, Ala.
KR.
B.
A
aXOITRITlBB.
Ask.
Ch.
ViM
7
£0
SO
83
S
5
li
8a or 18K
Jo
8a or 18M
rk.a7*aa da, tuoded. .
do >. L. R. A Ft. 8. Ia>
.
.
Msmphta A L.R.
do
7.1
do
do
do
ta. L. K.P. B. *N.()
7a, MlM. O.
R.
7>, Ark. Cent. Ull...
S
Connecticut 68
Qeorgla 08
7s, new bonda....
do
7a, endorsed. ...
(10
do
78. gold bonda...
lit Inols 68, coupon, 1879.
WArloan
do
108
A
R
...
Mlaaonrlts, due 1878
18«ior'es
do
do
lOlM 103K
losS
1<I8
iviiM
lOSH
102X ;:;
Kontackyte
103K
104
loew
io»S
1386
do
K'ri
do
do
1888. ...
9or'9J....
do
Asylum or Un.,due 189^
randlng, due 18M-9
Han, A St. Jos., due 1886
do il«7
do
do
do
do
do
old., I.
ft
J
6s,
6a,
68,
6a,
do
''ew bonds, J.
107
lOS
do
:07
loam,
108
J
ft
..,
O.,
44
aa
new
bonds,
1S66
I8(<
do
conaol. bonda
ex matured coup
80
80
SO
40
40
ao
6a,
deferred bonda
D. of
OhliBs.lfBI
36
8S
HO
28
2«
7S«
'^^
6a,con80I., Sdserloa
Special tax, Class 1...
do
Clssa^..,
do
Class 3...
IIIU
ion
ft
A.
Aak
.
.<andlng ant, 1866
106)t
m
ne
Fnndlnc act, 1868
Land C, 1389, J.* J
Land C, 1889, A.* O,...
7aof \Baa
..
Non-f nndable bonds
T'Oneaaae 6a, old
do
6a, new
..
do
6a, new aerlea.
VrglBla6a. old
do
A.4 O
<I.C.RR
J.* J....
do
.. ..A.&O
do coup. OR, J. A J.,
do do Off, A. ft O.
iOS!M 103
101
110
Bid.
Soath Carolina
Jan.* Jnlj
Apnift Oct
...
do loan...lS88. ...
do do .1891.. .,
do
do .1893. ...
do do
1898
Vjrth Carolina—
ft
6a,
68.
18,
68, 1873-79
6s, 1883
7a, 1890
otTBiTiaa.
(>hlola.ie86
Kiude Island 6a, cp., '93-4
Aak.
<a,
7B,8mall
do
do
5
1878
la, go!a, re«....l887
la,
do coup.. 1887.
M
do
do 137S
Bid.
M, Canal Loan,
8a, of 1910
7a, consolidated
Ml-^hlgan
ft
loevt 111
.
6a, new tloatVdebt,
Penitentiary
ta,leTee
7a,
8a,
to,
aaouaiTiia.
New Vork Btaie-
S8
6i
S3
ta
ta
6a,new
no
do
da
do
do
do
do
do
do
Aak
Bid.
L?al8tana 68
44
41
44
44
Si, 1883. .,,
Sa, 18St. ...
8s. isat.
4
Columbia 3'65e, I9!4.
do
amall
do
refflstered
RAILROAD AND MISCELIiANBOUS STOCKS AND RONDS.
Kallroail siocRSc
Erie, 18t uiurt., extended
(Active pre fV unit/ guoCd.)
A,lbAny & Susquehanna...
Burl. C. liap. .v Northern.
Central Pacific
Chicago & Alton
pref,
do
100
Cleve. Col. Cln. & I.
Cleve. & Pittsburg, guar..
Col. Chic. A I. Cent
DubuQueAi SIouz
City.
New Haven A
134
Hart.
.
"via
Benitelaer A Saratoga
Borne War«»rtown A 0.f.
St. Louis Alton A T. H ...
ibd
.
do
do
...
4
pref.
BellevllleASo. IIL.pref.
St. L. I.Mt A Southern...
8t. L. K. C. A North'n.pref
Terre Haute A lud'polU
United li.J.R. AC^
"ex
.
viia
ni«cel'oii« Stocks.
A
.
'lb
.
10
154
1
86«
Railroad Bouds.
tI4H
Mlnn.A &t.L.,lst is gua
ChOBu & oniu tis. lat m.
eo
27
13
ex cour
iVo
Income. tl04
•io
A Alton 1st mort.
Jollet A Chlcago.lst m.
La. A Mo., Ist m., guar..
110
St.L.Jack.A Chiclet m.
lOM
971
Chic. Bar.A Q. 9 p.c.,lBtin
do
coneol. ni.7B
do
5s sink, fan 1
113
Ch.Rk.I AP..8.f.lnc.68,*«.
lOTK
llSsi
coupon
Ss»19n, reglBt'd
Central of >.
m., '90
do Istconsol..
do
bssenied.
do
do
do
do
Lehigh
do
lOK),
109Wi
J.. Ist
do conv
do asBCD'cd.
A W.B.con.guar
do ass'-rted.
Am. Dock A Imp. bonds
do
do
ssente I.
Ch.Mll.A St.P.'.st m.88,P.D
do
2dm. 7 310, do
do
I8t78. |ig ,I1.D
do
Ist m., La CD.
do
lstm.,I.AM...
do
Istm., I. AD.
do
l8tm.,H.A D.
do
Istm.j C. AM.
do
consol.alnk.fd
do
2dm
Chic A N. West. sink, fd
do
Int. bonds.
do
consol.bde
do
ext'n bds..
do
let mort.,
do
cp.gld.bds.
do
reg. do
Iowa Midland, ist m. Ss.
Galena A Chicago Ext
71
'eo
49
30
10»
108H
10»H
10%
lom;
lol«
ioi«
109
lo.^H
Winona A
do
9u
do
Del. Lack.
8/r.
West., iA
7a.
A
do
do
do
do
do
9<4
101
106
109
95
98
61
65
35
35
36
85
H2
95
104
98
IOS
102H
57
£,7
'85
8
20
8.»),
10
«0
91
40
35
106
57
74
93
103
50
100
97
79
90
40
,
. ,
.
liIH
do
W. u.
do Bur. Ulv.
do 'Minort.. 128
do consul. 7s
Tol. ft Wabaah, ist m. extend.
do ex coupon
do iBtm.St.L. dlv
72)4
do ex-matnred coup.. .,
do 2d mort
do Ex ft Nov.,*??, ccur
11
do enuin'i bondt
;45
do con. convert
do Ex. Aug.,'78,ft prev'a
Great Western, Ist m., 1888,.
do
ex coupon
96?t
do
2d mort.. '93
X .a
"2
do Ex ft Nov. ,'77,couiJ
Quincy ft Toledo, 1st m.. '90..
tlfl
do ex mat. ft Nov.,'17,con.
Illlnots ft So. Iowa, lat mort
ex coupon. ..
do
84)»
Han. ft Cent. Mlasourl, ist m
Pekln Llnc'lnftDec't'r.lat m
ioS
We.tern Union Tel.. I900,cp.
108 108X
do
do
rec...
do
do
do
do
99
>(8X
103
.
loe
\?^
103^
118
10t>« lOBJi
19UQ.
construct'n
78, of 1871
con. guar.
{(H
89
100
J9'^
102
ni.,'8;
.
H5
.
las
wm
mscellaneons I.i>i.
do
do <89 losix
iBrokeri' (^wttfitiotin.)
do
1st ext.^nd d
101
do
coup. J8, >di
CITIES.
lOuS
do
reg. 78.^^9. tioi
Albany,.'; v., 6a, Irng
Albauy A Susq. .ta hds.
111
Bulfalo Wurer. long..,
do
d do
tioa
Chlcagrtfis longdates
do
3d <io
$90
do ' 7^, sewerage
IM rnn*. truA
do
7b, water
Rens. A Saratoga, istcp U4U 110
do
78, r4ver Improvem't
do
•
'oy t1l4«li....
I
nominal
I
Olf'velan'l 7^. lonr
do
do
No. 16
Stock
Keoknk ft Des Moines lat 7s.
do
funded Int. 8p
Long Island RR., tst mort.
Lonlsv. ft Nashv. cona. m. 78.
do
2dm.. 7a. g,,
Michigan Air Line 8s, 18'JO
Montclalr fto. L.i8t 78
do 3dm. IS
Mo. K.ft Tex, Ist 78, g., 1901- '06
do
3d m. incnnie,..
N.J. Midland Ist 7s,R0ld ,,.,
«. Y. Elevated UK., 1st m
N. y.ft Oaw. Mid. I8t....
do recclv's ctfa.Oabor)
do
(ottierj
do
North. Pac. Ist m. gld. 7 310 .,
Omaha ft Southwestern HR. of
Oswego ft Home 7s, guar
Peoria Pekln ft J. iBt mort
Pullman Palace Car Co. stock,
,
,
,
,
.
do
it.
bds., 88, 4th aerlea
Mt. (Ark. Br.) 7a, g.
h- ft San K., 2d m., cla^s A.
class B
do
do
I.
do
class C,
.do
101
107
t....
111
Bs
102»i
106
.
do
2d, gua,
i^aiidusky Mans, ft Newark ,8,
Soutli Side, L. 1., lat m. bond'.
do
alnk. fund..
Sonth. Cent, of N. V. 78, guar.
fist** losK Southern Minn, lat mort.
t A.ia accraed lalereat,
do
*"
t.Nu prtoe tiMUty
Ts
;
1st
8a..
76
97>» 100
104!
104H
8«!
88
!03
104
16
45
7
4
41
7
24
80
4
27
20
13
UOX
.
,
3t. L. ft
«8
72
•80
73
Si**
"0
45
X^
20
ft Ohio sterling Sa
sterling ex cert. 6a
as.lntereat
2d mort. 8a
N. u. ft Jacka. lat m. 8a..
Mobile
I5i
do
St. L.ftSo'easl. cons.7s,g«>ld,'9t
St. Louis Vaudallt ft T. U. Isi.
'*•'.
* iTice
Si
.
106X 107
tst
'•*.
99
104
m
.90
m
Kssex, ist. m..
2a mort.
l>el.A H ud.Caiia). 1 «t
IOS
P
I
90
conv
bonds,
tioi
;
100
do mrrt. 79,1907
Blngh.A N.Y. .vt.ie
Morrts
m
ho
m.
2d mort.
m.78,8F.
consol. m. bds
A
70
103
tllOK lllW
tiii)i 112M
'.
.
l:07)<
I8t
do
84
80
tii;2
,
»9M
mi 107
mort.
St. P., 1st
C.C.C.Alnd's
m
m., conv.
Ist
,
mi
ll'oH
.
'at
101
.
183«
.
Mllw.,
9m
46
44
Ii«
.
'
Peninsula
.
.
(Stock Exchan-ie I^ricefs.)
Boston H. A Krle, Ist ra..
do
guar. ...
Bur.C.R&Nort]i..l3r5s..
do
4ii
83
,
,
Mariposa L. A M. Co
do
do
pref.
Ontario Silver Mining....
A
7b.
.
.
Fa-. Tel
Telegraph...
Canton Co., Baltimore. .
American Coal
Oonaolldat'u Coal of Md.
Cumberland Coal A Iron.
M?trylaiid Coal
P.-nusylvanla Coal
SjOr.ng Mountain Coal....
Aiii. IMstrtcl
Chic.
Ut78,g,
'.
Oh'.o & Mlo-^lssfppl.pref
Pitts. Ft. W. A Ch.,guar..
special.
do
do
6s, 19:7,
ft liet
Logansport
ft
.
lIlHsourl Kansas A Texas
New York Elevated RIt..
tlca^o
Union
'.
LoDf? Island
C
Tol. can.S.
78
Un, Pacific, So. Br ,68. g..
{114 |104)t Hartford 6a, various
West Wisconsin 7s, gold.,
104), If 6
no«« ... Indlanapolla 7-308
tics
I07W 8outb'u Secnrltles,
Long Island City
192
98),
iBl-oktrn' QuotaUortS.)
ibSji'iVo
Newark city 78 long
(•108
110
STATES.
107
null. N. Y. ft E, Ist. m., 191S.
do
Water 18, long..
lis
1112
AHtbama
new consols. A..
Han. ft St. Jo., 88, conv. mort
Oswego
7a
101
93H
t99
B,5s
lUlnota Central—
PonghkeepHle Water..
tiio
111)4
Dubuque ft Sioux Clty.lst m.
Rochester C. Water bds 1903. tllO
112
Qeorgia"68.' isfi^^t.'.'.'.".'.
do
2d diT.
do
Toledo 88. 1889- '94
107
tl.)4
3. Carolina con. 6a tgood^
90
Cedar K. ft Minn., Ist mort..
Toledo ;.3(i8
US
101
Rejected f best' sort! .,
Indlanap. Bl. ft W., 1st mort.
Yonkers Water, due 1908
109
Texas «8, 1892
M.ftS.
do
do
2d mort.
RAILROADS.
78, gold, 189M910..J.ftJ,
Lake Shore78, gold. I9W
Atchison ft P. Peuk, 6s, gold.
J.4J,
38
45
Mich 8. 4 N. lad.. 8.F., 7 p.c. :109>i
pension,
Boston ft N. y. Air Line, 1st m 102
108,
1894. J.ftJ
103
Cleve. ft Tol. sinking fund.. ill
Bnr. ft Mo. RIv., land m. 7s
112
nv.vi bonds
do
CITIES.
do
convert 8s. var. t-er. 110 11^1« Atlanta, Ga., 7s
Cleve. P'vllle ft Asli., old Dds
Calroft Fulton, Ist 7a, gold...
do
do
new bds 111
74H 75>i
California Pac. RR., 7b, gold
93
97
Buffalo ft Erie, new bonds..
111
Waterworks
do
80
68, 2a m. g.
77
Buffalo ft State Line's
1U5
Afagusta. Ga., 78. bonds.
Canada
Southern,
lat
m.
coup.
76
77
•% W. Pigeon, ist
102
Charleaton atock 68
'^ Kalamazoo
103
Det. Mon. ft ToL.lst '8, 1906
10ii« Central Pacific, Ts, conv
Charleston, S. C, 7s, F. L.
Central of Iowa Istm. 7s,gold.
87
34
Lake Shore DIv. bonds
11U>1
Columbus, Ga., Ts, bonds
Keokuk ft St. Paul 88 ....
tlOO)< 101>« Lynchburg 68
do
Cous. coup.. 1st. 111
Carthage
ft
Bur.
Ss
floods 101)i Macon bonds, 7s
Cons, reg., Ut,
do
100)
^1
Dixon Peoria & Han. 88.
tioa
do
Cons, coup., 2d.. 10
Memphis bonde C
O. O. ft Fox K. Valley 8s.
tiio
iVi
Cous. reg., 2d
V.
do
Konds A and B
Sulncy & Warsaw 8s
Marietta ft Cln. let mort.
tso'
..
Endorsed, .M. ft C. KK.
oE
llnofs
Grand Trunk.
I09)i 110)4 Moblle^a (coups, on),...
Mich. Cent., conso). 76, 1902...
IIOX :iox
23
Chicago A Iowa R. Ss., .^ ._,„
62
67).
Istm. 88. :882, s.f.
do
8b (coupoi'.b on)
Chic, ft Can. South Istm. g. 7b
15
equipment bouds.
do
21X
68, funded
Chic, ft East. 111. lat mort:, 6s
59
65
New Jersey Southern Istm. 78
Montgomery, new 58
do
.2d m. Inc. 78.
15
20
:o4« 104k
N. Y. Central 68,1888
New 3s
ChIc
ft Mien. L. Sh. lat ,^s. '89.
170
6b, 1887
105
do
105)i
Nashville 6a, old
Chic, ft S'thwestern 7s, guar
93
do
6b, real estate.,
1<M
12«
new
6s
Cln.
Lafayette ft Chic, Ist
70
75
6s, subscription,
104
104W
do
New Orleans prem. 5fl.!
do ft Hudson, Ist m., coup 121 121>i Col. ft Hock V. 1st "s, 39 years 102 104
bo
Consolidated 6b
do
Ist 7s, 10 years,
100
98
do
Istm., reg.
do
K'lllroad, 6s
do
ad 7s, 20 years.,
90
Kudson K. "is. 2d m.. s.f., IBSS liVo'ji 112
Wharf improvem'ts, 7-»
4'i
50
Canada South., Ist guar
79?4 Connecticut Valley 7b
Norfolk Bs
Connecticut Western I8t76
18
20
Harlem, lat mort. is, coup...
Petersburg 6s
Dan. Urb. Bl. ft P. lat m. 7b, g
25
30
121
do
do
78. reg...
8a
Denver Pac, Ist m,78, ld.gr..g,
45
4B« Richmond
loeji
North Missouri, 1st mort
6s
ISK Ohio & Miss., consol. sink. fd. 1111'^ :U7)t Denver ft Rio Grande 7s, gold •84
60
Savennah 7b, old
..
15
10
IIHM ioi'.< Des Moines ft Ft. Dodge Ist 78.
do
cousolldatcd
..
78, new
Detroit
A
Bay
City
8s,
't70
end
2d do
...
do
5»«
Wllm'ton,N.C.,6s,g. > coup
Erie ft Pittsburgh lat 7s
100
Ist Spring, dlv..
do
gold
88,
I on.
do
fcS
con. m., 7a.
Pacific RailroadsRAILROADS.
do
7s, equip.,,
78
Central Pacific gold bonda
108!«i
Ala. ft Chatt.lst m. Ss.end.
do San Joaquin brarcti
91« Evansvllle ft Crawfordsv., 78. ioi 105
Receiver's Cert'a (var's)
Kvanevllle Hen. ft Nashv. 78.,
40
do Cal. ft Oregon Ibi
92H 93
Atlantic ft Gulf, consol..
•50
Evansvllle, T. U. ft Chic. 7s. g
.68
07
do Stnte Aid bonds. ...
Consol., end. by Savan'h
fllntft Pore V. Ss.Land grant. •SO
98X
85
k5
do Laud Grant bonds..
Carolina Cent. Ist m. 68,g.
43
104
Western PacUlc bonds
104>, Fort W., Jackson ft Sag. 88, "81
Cent. Georgia consol.m.7e
Grand U.& Ind. '.at 78,T.g., gn,
94
«4
Southern Pac. of Cal.. I6t m.
Stock
do
1st .8, l.g,, notgti
80)4
OS
Union Pacific, ist mort. b'de
108)i
Charlotte Col. ft A. lat 78.
45
do
50
let ex I. g. ;a.
Land grants, '.i. 107JS lOSH
do
Cheraw ft Darlington os..
Grand River Valley ?h, Isfm*. 197 100
Sinking fund... 103
do
Tenn, ft iieorgla 6s.
10»K
\MH 104 Houston ft Ot. North. 1st is, g 80 63 East
Pacific R. of Mo., ist mort..
I089<
95
0i>i E. Tenn.& Va. 6s,end.Tenn
98
do
2d mort
«9)« Hous.ft Texas C. lat 7s. gold..
115
K. Tenn. Va. ft Ga. let. 78.
do
West, dlv
S8
PI
do
Income, 7b.
t50
Stock
HO
do
87
Waco
IstCaron'tB
do
7l'W
Georgia BR. 78
84«
do
76
consol. bds,,
Sonth Pa*. of Mo., Ist
6s
Indianapolis ft St. Louis Ist 7b
OS
70
Pennsylvania KR—
68
^tock
121
121« Indlanap. & Vlncen. Ist 7s, gr..
25H
Pltts. Ft. W. ft Chic, istm.
49>^
Greenville ft Col. 7a, 1st m.
international iTexas) :stg ..
114
lie
do
do
2d m.
is. guar
1!5
1114
lOSH Int. H. ft O. N. conv. 88
do
do
3d m.
55
Macon
ft Augnataboada,.
91
Iowa Falls ft Sioux C. 1st 7s,.. tse
Cleve. ft Pitts., consol., s.f. 1103
2d endorsed
Jackson Lana. ft Sag. S8,l8tm. rl02H IIJ6
4tli mort..
<Io
Stock
9S
Kal.
Allegan,
100)4
ft
G.
K.
8s,
gr.
Col. Chic, ft Ind. C, iBt morl
Memphis s Cha'aton lat 7>
Kalamazoo ft South H. 88, gr.. no
10
12
do
do
2d mon
2d 78
Kausaa City ft Cameron iOs
3B
Kome Watert'n ft Og.,con. Ist
112
rtOCk
73
Kansas Pac. 78, g..ext. MftN.'99
109
St.
L.
ft Iron Moutitaln, l8t m.
103V<
Mempn. ft Little Keck Isl
99
do 18, g., rdgr.,JftJ,'80 97
do
do
2d m..
MlSBlaalppl
Cent. 1st m. Is
102H St. L. Alton ft T. H.,lBt mort.
36
83
do 78, g., do M4S,'86
las
lis
'2d mon. OS
98
97
do 68, goldiJ.ftD., 1896
70
do
2d mort., pref ..
1*H
109
mort.,
ex
coupon'....
2d
lOSH
do
6s,
do
F.ft
1895.
33
30
A..
104)i
do
mort.
2d
Inc'me
01«
Ml", ft Tenn. 1st m. 8s, A,
38
35
do 78, Leaven, br., '96.
80
88
Belleville ft S. Ill.R. Ist m. 8s
latraort..8<,B
36'
17,^
do Incomes, No. u
rol. Peoria ft Warsaw, Ist E.D
t»7
.
.
Eriti pref
Barli^u
Atlantic
tllo
172
170
1
.
Jollet& Chicago
N. Y.
118
lUetrolt Water WorKs Is..
lot
104H KUaabeth city, 1880-1905.
lOTHlKi'M
do
1885-93....
do 2d do 78, 1879
do Sd do 7s, 1888
do 4tll do Is, 1890
do Stb do 7b, 1888
do 78, con8.,-mort., K*d bds
do Lone Dock bonds
42)i
10
211
bl
6
84
26
25
11!
90
40
76
M
7H
48
2)
22),
2S
35
IOI
:os
70
ST
75
(6
90
36
60
7S
«8
tbeae s.e latest qaotatloaa
Certificate, 3d
mort
Sa.
Nashville Chat, ft St. L. It
Nashville ft Decatur lat Ts
.MorfoikftPeierab.l8tm.8a
Istmort.Ts.
2d mort.S8
Northeast., S.C, 1st m. 88
2d mort. 8a
Orange ftAIex'drla, ieta,6t
di.lt
8da,8a
iUis,8a
Itlcnin'd ft reierab.l8t7a..
Fred,
mort. 78
Illch.
ft
Potomac «s,
Rich. ft Danv. lat con801.6r
Southwest., Ga .conv b,'>6
^<o uth western, Oa., stock.
S. Carolina lUS. lat m. J»..
78, 19(B
7a, non
savannah
mort
ft Char .lat m.
Cha'aton
West
lat
ft
7»
Sav. Ca, end.
Ala. 3d ra.sa, guar..
mort.
8i
PAST DPE OOUrONS
Tooncaate Slate coupons..
Sooth Carolina cooao'.
Virginia ooupons
rrtni,
Consol.
Mamp'-la Clly rouponw.
nude (Ills w««K.
»0
84
6
ino
a
45
37
99
97
85
lUl
109
111
84
t6
15
87
67
67
46
20
III
118
SS
VbH
90
100
108
lOOk
101
lOOiJ
lOlX
99
94
88
101
105
107
90
90
70
40
16
ICO
8^
vm
93
^
96
7t
90
....
70S 71W
lOU
101
SS
89
87
8«
5
SO
"lO
40
109
IOS
107
117
30
40
80
16
.
.
,,
——
.
.
THE CHUONICLE.
622
NEW YORK LOCAL
Bank
[Vol.
SECURITIES.
Insarance Stock
Stock I.Ut.
List.
[Quotations by K. 8. Bailby. broker,
COMPANJBS.
Mark'dthusm
are not Nat'l.
America*
Am. Exchange
Bowery
Brewer6'&Gr.*
Broadway
Boll's Head*..
ButclierB',& Dr.
Central
dates. §
3,000,000
5,000,000
250,000
160,000
1.000.000
200,000
600,000
2,000,000
,451,700 ,!.& J.
,231,000
207,200 •J.& J.
300,000
450.000
300.000
600,000
Chatha-H
Chemica'
Citizens'
—
City
Continental ..
CornExci.*ge'.
Eaat River
nth Ward'....
Fifth
Fifth Avt nne*.
First
Fourth
Fulton
600,000
Gallatin...
1,600,000
German Am.*.
German Exch.*
750,000
200,000
200,000
200.000
100,000
300,000
1,000,000
Germanta*
Greenwich*
Grand Central*
Grocers*
Hanover
Imp. & Traders'
1,600,000
Irvine
Island City* ...
Leather Manuf.
Manhattan*..
500,000
100,000
600,000
2,050,000
100,000
400,000
1,000,000
2,000,000
500,000
600,000
.
Manuf. &Mer.*
Marine
Market
Mechanics'
Mech. Assoc'n.
Mech'lcs
M
Tr.
<Ss
rcantlle
Merchant!*'.
1,000,000
i,0OO.00O
1,000,000
..
Merchants' Ex.
Metropolis".
Metropolitan ..
Murray Hill*.
£00,000
3,000,000
200,000
Nassau*
NewYorit.
1,000,000
3,000,000
200,000
..
y. County.
N. Y. N. Excb
J».
300,000
760,000
700,000
240,000
300,000
422,700
2,000,000
412,500
1.000,000
200,000
Ninth
Ko. America*.
North River*.
Oriental*
Paclflc-
Park
Peoples'*
Phealx
Produce*.
Republic
...
1, .600,00-
St. Nicholas...
T
Union
.
.
Meat side*....
9
100
Jan.,
Q-J'.'
r.&
J.
436,900 M.&N.
651,800 >L.& O
81,200 f.ft A.
49,300 May.
54.000 May.
18,000 M.&N.
300
23.000 I.& J.
167, '00
,876,900
I.i
r.&
T.A
124,4!)0
10
10
Feb.,
id
July,
July,
Oct.,
7)<
7
7H
Citizens*
City
Clinton
118}i
Columbia
('ommerce Fire
Commercial ...
Continental....
Kagle
3
188
Emporium
July, 78. 3
5
98
PU'
•'7s!
.\pr
Exchange
Farragut
Firemen's
Firemen's Fund
Firemen's Tr
Franklin
,
7
3
la".,
7
14
8
.1
July, 78.
my,
.
Gebhard
German-Araer.
Germanla
3
-.7.
8«
7
78.
100
193
200
78. 4
.Ian.,
'78. 3
78. 6
Feb., '7-'. 4
July. 75. SH
Jan., 76. 5
6>t Jan.,
Jan.,
12
F.& A
J.& J.
J.& J.
Jan.,
10
3
May,
8
May,
'77.
'77.
7'i.
8
8
Ju
'78.
Nov.,
1?^
y,
3
3
77. 3
'76.
ret
5
•7\ 4
,
iis
111
ii'i^
8iv
Mecli'ics'(Ukn)
Mercantile..
5
Merchants'
May,
'78.
)
'78.
'78.
8
93
Montauk (Bki
Nassau (Bklyi
)
'78.
'74.
8
85M
3«
N.Y. EqnltaKio
New York Fire
297,500 F.'i'A.
July,
Ian.,
^an.,
July,
Feb.,
2W
'78.
S
N. y.
'77.
'77.
'78.
'78.
'78.
'78.
'78.
'78.
2>,
'78.
'78.
5
4
nr.
'77.
'74.
Aug.
Jan.,
Jan.,
100
r.4
I.&
I.&
I.&
M.&
J.
J.
J.
Ju
J
fil.
886.'-O0
M.&N
B64,80H
77,400
;.4
J.
y,
Jan.,
May,
N.
!.&,!.
i';o,ioo
Gas Companies.
Jan.,
Jan.,
10
9
May,
Jan.,
8
May
.
National
4
& BostO'
New York Liij
Niagara
North P.lver....
Paciac
Park
3
5
5
3
107
3Hi
8
4
i45
«erttncates
1,000
Var.
Var.
A.40
50
/.AA.
20
38 •',000 J.& J.
50 4,(KX1.000 I.& J
100 'i,500,000 vl.&S
Jersey City & Hoboken
Manhattan
Metropolitan
do
certificates....,
do
boLd.
V
r.
1,000,000
600,000
5,000,000
1,000,000
25 1,000,000
Va
700,000
100 4,000,000
10 1,000,000
1,000
826,000
Var.
300,000
50
466,000
50 1,000,000
1,000
100
1,000
Mntual.N. Y
do
bonds
Nassau. Brooklyn
do
scrip
New York
.
People's (Brooklyn)
do
do
820,000
1,850 000
bonds
Ctirtiflcates,
New York
WUliamsburg
do
scrip
Metropolitan, Brooklyn
MUQlcipal ...
M.&S
J.
4
4
—
1,000
100
1,000
10
Broadioai/ (JSrootii/n)— stock...
Brooklyn (t Hunter^s /•»— stock.
mortgage bontls
1,000
100
100
1,000
(/?'-t7i'«.)~stock..
.V.ift
100
t\ River—slK.
Consolidated mortgage bon
St.Nlcholas....
Jan.
F.*A.
145
900,000
694,000 J.& J.
2,100,000 Q-J.
1,500,000 J.4D.
2,000,000 Q-F.
300,000 M.4N.
200,000 Q-J.
400,000 A. 4 0.
300.000 J . 4 J
500.000
100
100 1,81X1,000 J.
8.
3d raortgau'e
J'Iy,19flO 90
2H.>pr., '78,
June, '84 100
Mav, '73|....
Nov., '80 104
Apr., '7811.16
let., '78 78
Oct.,
7
100
65
Jan.. '7s 60
95
i»02
1888
&J.
1,000
Ist morteraga
7%ird Avenae^stock
Ist
mortga^
3 tennty-lhira £l(re«e—fltocjc.
.
1st
T'^.-tffaff'*.
"'"""'t'^a'"'
• This
M ay,
column shows
'78
Ju e, '93
Jan., "78
.1
150,000 \.40.
1,050,000 M.ftN.
800&C
200,000 A.4(>.
100
760,000 M.4N.
1,000
415,000 J. 4 J.
100 2,000,000 Q-F.
1,000 / ,000,000 1:4 J.
100
600,000 J 4 J
1,000
250,000 M. 4*^.
last dividend
oa
75
95
85
I
80
85
82
100
60
98
May, '88
Oct.. '83
May. '77
July, '90 105
Mav, '78
July, '90 100
no
Feb.,
slocks, bat the date of
'781
'.00
102
May, '78 120
Apr., '93 105
40
Nov.i904 91
IS
July, '04
Apr., '^8
Anr , '85 95
7
12
95
70
102
160
110
150
85
102
75
65
88
Jan., '84 100
1,000
1.000
Cons. Convei*ll:)lc
Extension
Sixth Avenue- stock
96)i
Broadway.]
B. <tBaCteri/—»lk.
.
80
97
98
26
90
70
Feb.,
Jan.,
Jan.,
Nov.,
Quar.
9S
85
155
110
li
,
3hi Jan.
F.« A.
140
72
70
93
9S
.
J.
& J.
'71
Jan
May,
May,
l,2flO,000 J. 41).
100 1,200.000 Q-F.
Ist mortgage, cons'd
5004O
900,000 J.4D
Eighth 4penMe— stock
100 1,000,000 .1 4
Ist raortcage
1,000
203,000 J. 4 J.
ildSt. (fc Cfrand St /erry— stock
100
748,000 M.4N.
Ist mortgage
1,000
236,000 A. 40.
Central Cross 3ou?rt- stock, ...
100
600,000
Istmortgage
1,000
200,000 M.4N.
Sovston, West at.ttPav^F'y—st'k.
100
250,000
Ist mortgage
500
600,000 J. 4 J.
Second Aoeniirt— stock. . .
100 1,198,500 Q.-F.
Dry Dock, E.
,
Rutgers'
Star
Sterling
IfO
80
100
3
88
5
Jan ,'7(
165
•96
5
Feb , '7;
135
5
Feb., '7! 130
3H Feb.,'7f 100 X 102
Si,
100 103
70
75
1« Apr.,
95 102
3^g Keb.,
i
Brooklyn (?ity— stock
1st mortgage
let
Apr
Jan., '7(
Apr., '7*
Feb.,'7i
3H
Var. 1, 000,00: J.* J.
100 1,000,000 M. &N.
100 1,600,000
Bleecicer 8t.<t FuUon.l?erri/-~%i)L.
Ist mortgage
Sroadwat/ (C Seventh Ave stk..
Ist mortgage
\,entral Fk.,
5
3
Kldgewood
Standard
1
*
.SI.&N.
J.
Produce Exch.
Sateguard
Date.
M.&K.
[Qnotatlons by H. L. Grant. Broker,
Sunhtoick Av.
J.
Quar.
F.& A.
Var
J.
Peter Cooper...
People's
Phenlx (Mklynj
Belief
the National hanks, and of
Period,
25 2.000,000
20 1,200,000
Co (Bklyn)
Mech.&Trad'rs'
Republic
1st for
Par.
Brooklyn Gas Light Co
do
do
Manur.4 Build.
Manhattan
'7«.
7
12
12
10
10
7
'77.
[Gas Quotations by George H. Prentiss. Broker, 30 Broad Street.
Central of
Lorlllard
'78.
Gas and City Railroad Stocks and Bonds.
Harlem
;
Lenox
Long Isl. (Bkn.)
Feb.,
Jan.,
July,
July,
July,
$ The figures In this column are cf dite
date March 16th for the State banks.
do
Jefferson
Kings Co. (Bkn)
Lamar..
I
Citizens 'Gas
T..
Lat"ayette(Bkni
84
3}4 loaji 107
4
4
3
3
lau., '78.
lmporters'4
Irving
Knickerbocker
2K 82
'78.
'78.
July,
4
Hope
Howard
60
3«
'78.
May,
1^
Home
3>j
Jan.,
July,
I
Hofihian
2«
.lulv,
Globe
Greenwich
Guaranty
Gnardlan
Hamilton
Hanover
78. 3ii
78. 4
130
Jan.,
F.&A.
200,000
800,000
'
Brooklyn
Empire City
May, '78. 5
May, '77. fl
May, 78. 3
6
J.
J.
284,600 I.& J.
«3«,.ino .!.& J.
77,800 .M.&N.
122,800 ^^.&^.
191,800 \1 &N.
815,400 1. & J.
224,000 I.&.T,
84,400 I.& J.
659,000 .J.& J.
4,400 A.*0.
69,300 U.&N.
692,300 J.& J.
87,70(r •I.* J.
73.500 F.&A.
20,100 J.« J.
29,200 f.& J.
75,900 J. & J.
182,600 I.& J.
210,900 Q-F.
510,000 J.& J.
147.300 I.& J.
161,100 I.* J.
2H
4M
Broaiway
Feb.,
"e
8.100 J. & J.
410,600 ).&).
,053. '00
8.:(X)
75, 00
Brewers'
5
3
3
iS^ Msy, 78.
10
Bowery
225
12
12
American Exch
3ii
6
4
3
^tna. ...
American
Amity
4
•78.
'78.
•76.
'78.
'77.
•76.
'77.
Adriatic.
Arctic
Atlantic
5
'an., '78. '3
May, '78.15
inly, '78. 3
Jan.,
3
10
141
140
102 5f
8
'78.
'75.
'77.
'78.
,
1^ May,'
7
].&].
li-J.
3
67,100
67.100
241.100
50,700
100 1,000,000
40 1.000,000
50 1,200,000
100
200,000
,
F.&A.
J.& J.
'7*1.
Jan., '78. 6
Sept.
July.
Jan.,
M.&N. 20
J.
J.
May,
4
Jan
10,800 M. 4 S.
43.100 J.& J. 10
362,700 .J.& J.
8
12,400
162,800 •T.'&J. Vo
l,08i(,200 Bl-m'ly 100
15j,800 J.& J.
8
J.&
I.&
'7S.
lS5..'iOO
100,
Third
Tradesmen's
ii«
y.'&j.
,212,.^C0
Amount
Par,
July,
100 1,000,000
Seventh iVard 100! 800,000
Second
100
aoo,ooo
Shoe & Leather 100 1,000,000
Sixth
State of N.
900
COKPANIBS.
18'
Period 1878.
1,000,000 .,622,3«0
s,000,000 1,630,000
293,(«X)
1,250,000
725,900
1,000,000
46,400
350,000
11,500
100,000
47,4"0
150,000
100,000 136,900
500,000 ,065,100
901,700
3,500,000
.
CoDcmerce
Pine street.]
Capital.
latest!'
Amount
Chaee
7
riTIPENDS,
Surplus
at
XXVI,
90
<<»',
M'y, '93 IQQ
100
iVd
125
115
50
96
24
88
60
100
90
90
115
120
102
100
105
maturity of bonds
Stuyvesant
Tradesmen's
Dnlted States..
Westchester...
wmiamab'gC.
*
Over
all
Last Paid.
1875. 1876. 1877.
25
loo
bo
200,000
200,000
400.000
loo
200.000
loo
200.000
20
200,000
50
200,000
25
300,000
200,000
25
200,000
153,000
20
800,000
210.000
100
250,000
30
300,000
200,000
200,000
100
1,000,000
40
800,000
100
200,000
100
200,000
30
200,000
60
200,000
204,000
150,000
150.000
100
200,000
200,000
1,000,000
500,000
50
200,000
25
200.000
100
200,000
100
200,000
15
150,000
50
600,000
60
200,000
100
3,000,000
25
IfO.OOO
50
500,000
50
200,000
100
200,000
30
200,000
20
150,000
40
280,000
50
160,000
100
200,000
128,919 10
25
150,000
57,936 10
50
200,000 tl34,946 16
25
300,000
80,494 10
200,000
192,806 10
100
250,000 208,004 14
100
200,000 268,204 80
25
160.(XI0
177,028 10
50
200,000
49,942 10
50
200,000
191,016 20
50
200,000
114,918 20
60
200,000 211,787 20
50
200,000
108.619 12
371^
210,000 323,996 20
35
200,000
178,79ri 20
100
200.000 -26,018 ....
100
200,000
-8,314 10
100
500,000 448,880 10
50
350,000 124,141 12
26
200,000 424,88-1 30
26
200,000
102,661 20
100
150,000
206,028 20
20
160,000
108,888 20
50
1,000,000
789,812 15
50
200,000
S,25fl 5
100
200,000
.lO
.55,756 10
300,000
100
t8,824 10
200,000
100
60,747 11
200,000 208,786 20
25
200,000
116,948 12J<
100
200,000
25
]4,4S4 10
200,000 16-1 044 11-e
50
200,000 ]2«,7!ja 12J<
100
200,000
100
52.184 10
200,000 146,366 20
25
150,000
25
168.584 120
'A5O,00O
228.643 18
25
300,000
16
221,003|10
250,000
50
408,142|20
liabilities,
re,^resenLed by scrip
190
170
170
130
110
55
55
ian.,
Feb..
,lan.,
July,
Jan.,
Jan.,
Jan.,
Apl.,
Jau.,
Jan.,
Feb.,
Jan.,
Jan.,
July,
Jan.,
156
190
105
ii'7'w
125
103
40
100
45
50
115
Aug.,
Jar.,
Jan,,
Jan..
Jan.,
108
90
i'75
HO
95
90
140
110
175
,
90
,
Jan.,
Jan.,
Jan.,
Jan..
Jan.,
152
120
102
175
130
50
,
Feb.,
lid
110
Jan.,
,
Jan.,
Jnn.,
Jan.,
July,
Jan.,
Jan.,
107
195
150
115
120
200
105
180
110
240
125
131
50
70
75
100
•an.,
80
128
112
95
114
200
including re-lusarance, capital and ECrlp,
deductei.
shows deflcleocles.
—
is
110
108
90
95
160
,
Jan.,
Jan
135
100
'so'
106
104
Mar.,
Jan.,
Jan
1'25
107
Jan.,
Jaa.,
Jan.,
Jan.,
Jan..
Jan.,
Jan
60
270
'50
60
135
130
Jan.,
Jan.,
tan.,
Jan.,
Jan,,
Jan.,
Jan.,
Jan.,
Jan
110
60
110
60
150
Jan..
Jaa.,
.Tail
180
ISO
t
The suiplui
City Securities.
IQuotatlons by Danibl A. MoRAN, Broker,
40
Wall Street.!
INTEBKST.
Months Payable.
NiW
York:
Water stock
1841-63.
l.SM-57.
Feb.,
May Ang.4 Nov. 1878-1880
do
Croton water8tock..l&15-51.
..135'J-60.
do
do
Croton Aqned'ct stock. 1885.
pipes and mains...
do
reservoir bonds
io
Central pai k bonds 1853-57.
..1853-65.
ao
do
1870.
Dock bonds
11^75.
do
do
do
do
do
May & November.
Feb., May Ang.& Nov.
do
(Io
do
do
1860.
Floating debt stock.
1865-68.
Market stock
1869
Impi >vement stock
Feb.,May, Aug.4 Nov.
.
do
do
do
do
.
May & November.
. . .
do
—
....1869.
1.0
Consolidated bonds
Street Imp. stock
do
do
New Consolidated
Westchester County
var.
var.
var.
7
May &
do
do
do
do
6
7
7
flo
January
do
[Quotations by N.
Brooklyn— hoc&l Impr'em't—
CItv bonds
do
..
Pnrk bonds
Water loan bonds
r.
Brurr.
.'
.(r..
Bridge bonds..
vValer loan
City bonds
Kings Co. bonds
..
do
do
Park bonds
Bridg"
4
do
do
do
do
do
July,
do
Broker.
mnary 4
'iw
J uly,
do
do
do
do
do
do
May 4 November.
In
do
January & July,
do
do
do
do
do
do
ao
do
•All Brooklyn bonds
Novc'nTier.
100
1878-1879, 100
1»1«
1890
18S8-1,S90 103
1884-1911 104
1884-1900 109
1907-191 li 107
1878-1898, 101
1877-1893 100
116
1901
1898
1878
1891-1897
1889
1879-1890
1901
1888
1879-1882
1898
1894
wall
I
101
102
I02H
105
103
117
108
108
100
117
103
107
117
lOS
101
I!8
105
1C»
102
108
114
10»
102J4 105
102
If 8
106
105
109
107
st.l
1878-1880 101
1881-18951105
I915-19241118
118
1903
- 1915
118
1902-1905 108
I881-1.S95]I04
1880-1S8;!;108
lSSO-1885 102
108
1H'.>4
1907-19101 108
<04
113
119W
1193
1193
109^
107
108
106
110
IIOX
flat.
[Quotations by C. Zabriskib. 4: Montgomery St., Jersey City.]
Jersey City—
January* July.
1895
101
108
Watei loan, long
1869-71
1899 1902 108 10«
January 4 Juiy.
do
1866-68.
do
do
1877-1879'lOe
108
Sewerage bonds
1891
Jan.. May, .lulv A Nov,
107
109
Assessment bonds. .1870-71.
ll'OS
J. 4 J. and J 4 O.
107>ilOI
Improvement bonds
January and July.
1900
186S-69.
105 ilOS«
Bergen bonds
.
1
—
;
JUHK
THE CHRONICLE.
23. 1878.]
The Land Comminioner
Jnucstmcnts
at 12,961
report! the sales of lands for the year
of $108,663, being an average of
sum
Interest receipts for the year
AND CORPORATION FINANCES.
Is pabUshed On the last Saturday
month, and furnished to all regular sabscribers ol the
single
copies
of
the Supplemknt are sold at the
Chtioniclb. No
office, as only a sufficient number is printed to supply ref^ular
subscribers. One number of the Supplement, however, is bound
up with Thk Financial Kevibw (Annual), and can be purchased
The iNVEBTOUB'SoprLKMENT
of each
in that shape.
ANNUAL
for the
acres,
about $8 88 per acre.
AND
STATE. CITY
623
REPORTS.
amounted
Payments
to $.57,863.
on contracts reduced bills receivable from $823,950 to $791,409.
Taxes paid on account of lands owned by the company, and
remaining unsold November 1, 1877, $46,890, it being ao average
of about
cents per aci eon 822,800 acres. $l.'iO,000 have been
remitted to the Commissioners of the Sinking Fund durlag the
year, making a total remitted, up to the 31st of March, of $770,The distance of the bulk of the company's lands from
000.
railroad facilities, and the persistent effort on the part of a few
squatters and their attorneys to create distrust as to the validity
of the company's title to lands lying more than twenty miles from
their line of road, has operated to deter purchasers and defeat
sales
but it is expected that the construction of a branch railroad, the present season, and the recent defeat sustained by the
homestead claimants in the State courts, will remove tbe obstacles that have hitherto retarded sales.
m
;
Cliicogo Kock Island & Faciflc K. B. Co.
(For the year ending March 31, 1878.)
The annual report furnishes the following The property formerly known as the Chicago & Southwestern Railway, now Iowa
Southern & Missouri Northern Railway, passed fully under the
control of your company at the beginning of the present fiscal
year, and the earnings, operating expenses, and interest paid on
account of the guarantee of Chicago & Southwestern bonds, are
all included in the (ollowing s'atement of the operation of your
road, for the year ending March 31, 1878. The property owned
or controlled under lease t>y the'Chicaeo Rock Island & Pacific
Railroad Company, comprises the following lines and branches
:
:
BONDED DEBT.
According to the plan proposed, $8,838,000 of the bonds drawing 7 per cent interest have been exchanged by the company or
redeemed by the sinking fund leaving only $163,000 of the
bonds of that issue still unpaid and as these outstanding bonds
have been regularly drawn for payment through the sinking
fund, and have ceased to draw interest, it is probable that they
will soon be presented for payment.
Tlie total expense in making this exchange for a bond drawing 6 percent interest has been
borne by the sinking fund and $4,S).50,()00 of the total issue of
$9,000,000 were purchased and paid off through that source
leaving $3,888,000 which were voluntarily exchanged by their
holders for the new bonds. The annual esving of interest to the
company will be $90,000 from this source, the bonded debt of
the company remaining the same as per the last report. The 7
per cent sinking fund bonds, amounting to $4,050,0(K1, redeemed
by the sinking fund, as above stated, have all been delivered to
this company, and, together with those exchanged, $3,888,000
have been canceled and lodged with the United States Trust
Company, excepting two bonds, which are still in the possession
of this company. "The company told to a Syndicate $3,128,000 of
the 6 per cent bonds at a premium, and also gave them the right
to exchange any of the income sinking fund 6 per cent bonds,
which are now included in tbe same mortgage, for the bonds of
—
;
;
Miles.
Chicago to Conncll Bluffs (main line)
500!4
Peoria & Bareau Valley R. K. Branch (leased).
46ii
South Chicago Branch
9
Wilton to Kuoxville (Oskaloosa Branch)
12-i
Des Uoint'S to Indianola and Winttrse: (Branch)
ii
Iowa Southern & Uissonri Northern Railway, extending from Washington, lows, to Leavenworth, Kansas
STl
l.COJ
KoTE.
—Where comparieons are made in this
report, the earnings or expenditnres of the Chicago
Sonthwestt'rn RaUway, lor 1876, have hcen add(d to
theamonnt reported for the Chicago Rock Islaiid
I^ific Railroad for the
tame year.
&
&
EOUBCES OF REVENUE.
1876-7.
1877-8.
$3,023,604
163,970
109,^39
161,845
(4,951
6,976
$1,8:6,653
6,5;5,733
150,763
109,800
134,486
71,004
8 089
»;,854,5««
$7,895,670
{4,256,601
848,6(1
$4,137,113
947,400
Net earnings
$S,349,;64
Percentage uf operating expenses to gross earn-
$3,511,356
From parsenger transportation
From freight transportaiioa
From mail transportation...
From express tranFporlalion
From rents, interest, &c
Prom mileage of cars
From telegraph line
5,.».3,779
Total
the new issue, upon their adjusting the difference of interes'
and, under this contract, $84,(100 of the income bonds have been
exchanged, and the income bonds canceled and delivered to the
United States Trust Company, in conformity to the provisions of
the deed of trust.
EZPEHniTURES.
DISPOSITION
Operating expense
Taxes
ings
— taxes
Percentage of operating expenses
cluded— to gross earniijgs
Out of the net income for the
last
5). 19
S«.40
57.36
S5.53
In-
year there w?re paid the
fol-
lowing:
Interest on mortgage bonds
Interest on income bonds
Interest on Chicago
Southwestern bonds
Total construction account
Capital stock issued
Bonds Issued
$S:V>10,1S0
$2n,9eo,''CO
9,998,0-0—30,978,000
$5X54fi
&
Income bond sinking fund
;
Bureau Valley Railroad
Four quarterly divideuds, 2 per cent each
Rental of Peoria
MADE OP SURPLUS EARNINGS.
In view of the resolution in regard to*a division of surplus
passed at the recent annual meeting, the following statement in
the report is of interest:
Cott of road and equipment, including Oskaloosa, Sooth Chicago
and Port Leavenwiirth branches
$32,951,594
,
Cost of railroad bridge at Rock Island
158,536
<te
57,780
SSO.OuO
40,0
125,000
1,678,334
Sarplus absorbed in construction
Cash, materials on hand and balances dne from other railroads,&c.
Capital stock In connecting roaas, and bonds
$2,845,709
$665,647
Total surplns account
1677-78.
There will be added
COVPARATIVE SUXXABT.
1876-71.
337,135,6&J
68,669,516
Nnmber tons ftelght carried onemile.
Number passengers carried one mile
Barnicgs per mile UD, on freight
$1 d2
£xpenses per mile run, inc. leg'il expenses and taxes.
'716
67'67
Percentage of operating expenses to earnings
54"51
Percentage of expenses to eartiings, loss taxes
Amount receivt d per ton per mile
1 61- 100c.
Amoont received per passenzer per mile
2 947-lOOOc.
Cost of fuel per mile run.. 7
6 89-lOOc.
I
The passengers
compared
3"0456,S3a
68,098,47^
$1 2i
*70
65't3
52*40
1 56-lOOc.
2 974-10O"c.
6 69-lOOc.
the previous year,
decreased 41,439, or 2 6-10 per cent. The movement of passenmile
while the earnings
one
decreated
cent,
gers
9 56 100 per
arising from passenger traffic fell off $176,951, or 8 74100 per
cent.
The average distance traveled by each passenger was
three miles less than last year, and the rate per mile per passenger 27-1000 of a cent more.
The general depression of most business interests throughout
the country, and the reaction following the unusually large
travel
of the Centennial year, sufficiently account for tie
diminished earnings from this source. Tonnage movement of
freight increased over the previous year 10 85 100 per cent
but
as the average rate per ton per mile decreased one mill, the
increase in freight earnings was only 4 146 1,000 per cent.
The
difference of one mill per ton per mile on all the freight hauled
daring the year, amounts to $3.57,259; or, in other words, if the
average rate of the previous year could have been maintaned,
the increase of freight earnings would have been $357,259
greater, or nearly 1| per cent dividend on the capital itock of
the company. It may not be out of place here to state that the
Legislature of the State of Iowa, at its last session, modified the
law enacted in 1874, known as the " Granger law," repealing the
section that prescribed fixed maximum rates for carrying freight
and while this change may not result in any material increase of
reyeniie, it is gratifying as further evidence that a more liberal
spirit is beginning to pervade the public sentiment of the West
carried,
-with
1,.347.992
4,9i!9,653
$9,019,768
748,734
Less balances dne commls'ers' sink, fsnd, suspense and other ac'cts.
Total
Leaving surplns
$2,739,120
$8,896,0iS
abave surplns, as soon as the balance
of the outstanding seven (7) per cent bonds are all canceled (at
this date, June 5, $124,000), the sum now due the commissioners
of the sinking fund, $716,428 also the avaUs of the contracts for
lands already sold, as reported by the commissioner of the land
department, at $791,495 also the current receipts for future sales
to the
;
;
of land.
The following
is
the balance sheet of the
company March 31,
1878:
LIABILITIES.
Capital stock fixed. $a5,000,CO\ amount Issned"
Fractional scrip convertible into stock
Six per cent mortgage bonds
Six per cent income bonds
Seven per cent mortgage bondst.
.
$20,979,800
200
$8,910,000
916,f00
163,000
9,999,
Fractional agreements convertible Into bonds
Commi'sionersof sinking fand ....
Suspense account
Income bond sinking fund
Profit, balance of Income account
1,641
M4
8,atS,0n
.$S>,99T,1M
Total.
;
OeO
100
n6,418
Assrrs.
eanlpment, Inclndlng Oskaloosa and other
Cost of rood and
$S»,«6I,6»4
branches
Cost of bridge at Rock Island
• iS.'iS
•
Capital stock In connectlig rai roads
,'SS
Six per cent mortgsge bonds on hand.
tJ^*^Z
Loans piyable on :iemand anil cash In New York
^'J*
Due from 1' 'St Office Departmetit
.32'™
18a,»J0
Stock of material, fuel. &c, on hand
Cash and balance dne from other roads in band* of local treaaorer,
Chicago
..__»£«8
•
$39,997,764
Total
;
toward railroads and their management.
The certificates represenilne 40.200 shares of the capital stock of this
company, heretofore represented In tbe;uble, have by resolatlon of tbs board
•
of directors been canceled.
.
^ •
.
t $2,0:0 In addition of the 7 per cent bonds have been canceled, but not
exchanged at the date of this report.
,
.
:
.
THE CHRONICLE
624
Cincinnati Hamilton & Dayton Bailroad.
{Fw the year ending March 31, 1878.)
The following is from tbe report just issued
Sources.
Passengers, local
"
througli
Freight, local
"
through
Mails
&
D.
C. H.
$373,858
67,334
350,301
H2,3tl
8.8T7
n,fl84
2i,73S
12,331
41,687
Express
Beats, track and reai est..
Use of cirs & locomotives.
Interest
Toledo elevator
Indianapolis pool
1817-8.
C. B. & C
815,:07
& M.
D.
199.589
46,018
181.983
79,951
16,469
18,777
4,889
C.H.&I.
147,603
1,059,347
18,596
166.139
61,8i9
5,780
4,732
2,573
33(1,178
34,729
41,7H7
30,282
15,333
42,687
18,164
18,161
133
3,419
5,390
HiscelUneons
17,0.32
13.478
7,416
2,066
$2,366,716
3,824
$940,357
Paid Dayton
Totals,
$620,196
$101,440
15,559
61,923
62,055
3,651
6,301
152
pool,...
3,8 ;4
Total receipts
$866,549
$936,433
$364,521
$195,088
$!!,362,891
EXPENSES.
C.H.
For
Trannnortatiou
Hues
,
IniB.ebi,
Dividend on common stock
Dividend on pret. stock
Total expenses
Profit
Loss
—
&D.
$561,965
47,998
807,514
....
$817,608
$904,168
—
.
.
&
&C.
C.
$123,837
4,964
184,760
43,341
35,230
102,888
Totals.
I.
C. H.
$959,966 $1,474,542
11.191
118,683
518,7i.l
*116.125
35,230
102,68S
51.526
$172,113
2S6
$2, 80,107
$22,954
$....
21,765
$53,784
8
$118,924
Proflt,1677
Lots, 1877
E
&M.
D.
$6:8,773
37,819
4^062
78,103
69,901
Netgain
$40,715
$18,882
$32,531
199",547
147,177
$177,782
$260,962
* Six months' Interest due Janua^ 1st, 1878, and unpaid, amounting
600, not included in this item. H'd that been paid, the loss in operr
Cincinnati Hamilton & Indianapolis Bailroad would have bee:. $10J.
EABKIHQS, EXPENSES AND PROriTS.
Exp. incld'g
Profit.
Earnings, interest and
Ciu.
&
Ham.
Dayton
&
Dayton
Michliiaa
Cln, Kich.
Cin, Ham.
&
&
Chicago
Ind....
taxes.
$8:7.C08
901,168
$936,433
866,849
195 088
j87,-
•
•i
Loss.
$118,924
37,319
32,944
172,143
2i',765
Total
$2,362,891
$2,280,10?
$82,784
• This item Includes but six months' interest on the $2,500,000 of bonds of
full
year's
inleret
paid,
the
loss in operating
Had
the
been
company.
this
tbe C. H.
I. E. B. would have been $109,265, as against $199,547 for the year
&
previous.
From
the President's report
tlie
following
is
condensi^d
the
TEBMINATI J--( OF JOINT
:
' As compared with tbe previous year, tliere has been a falling
Yet it is somewliat encouroff of gross earnings of $68,983.
aging to know that, by careful and economical management,
there has been much more than a corresponding diminution
in the working expenses of the lines the saving in this respect
having been $276,933, showing a net saving for the year of
$207,1151, which, with the diminution in interest and taxes,
makes a total saving of $269,963 as compared with the previous
—
year.
" Ihe average rate per ton per mile of freight was 1'564 cents,
against 1-539 cents the previous year. Tlie average rate per passenger per mile was 2'331 cents, against 3 459 cents last year.
CONTKACT
RENEWAL OF
the
25.
J
*38tt,286
364,521
Nashua & Lowell.
year ending March 31, 1878.)
Prom the recent annual report of the directors, we condense the
following: It is now over twenty years since the Nashua &
Lowell Corporation parted with the immediate control of its
railroad and the collection of its earnings, and united with the
Boston & Lowell Railroad Corporation in placing the roads of
'ooth corporations in the hands of one managing agent, to be
operated by him for the joint account of both parties, under a
contract for that purpose, which assigned 31 per cent of the
earnings to the Nashua & Lowell Co., and 69 per cent to the
Boston & Lowell Co. This contract will expire by its own limitation on the first day of October next. The Nashua & Lowell R. B.
was operated separately by its own officers for many years until
1857, and daring all that time it earned and paid regular semiannual dividends, averaging 833 per cent per annum, against an
average on the Boston H Lowell Railroad for same time of 7'1
per cent per annum. For 'he eighteen years next succeeding
the adoption of the joint contract of January, 1857, the regular
dividends to stockholders of this company averaged 8 8 per cent
per annum, or including an extra dividend of 30 per cent in
After a 4 per cent
shares, they averaged 10 per cent per annum.
dividend mad" in October, 1874, until October, 1876, no dividends
were made. A dividend of 3 per cent was made in October, 1876,
and a like dividend of 3 per cent has been since made semiannually to the present time. It is tbe belief of a majority at
least of the directors that this company has not received its quota
of tbo net earning assigned to it by the joint contract at any time
since July, 1872, :ind that the amount of such net earnings
received by this company since that time has been about one
third less in r-.ijunt than is provided by the contract itself.
{For
;
INCOME IN
Vol. XX.VL
AND
FOB
PE0P08ITI0N
SAME.
Anticipating the necessity soon to arise of making some new
provision for operating your road after the first day of Outober
next, your directors have conferred with the directors of the
Boston & Lowell Co., with a view of ascertaining upon what,
terni.'i some new arrangement could be made with that company
A roposition was finally submitted to this company on the part
the Boston & Lowell Railroad Co. for a continuance of tbe
joint-traffic contract, so modified as to take 7 per cent from the
net earnings allotted to the Nashua & Lowell Co. as its share by
the old contract, and to add a like amount to the share of the
Boston & Lowell Co., or fixing upon 34 per cent and 76 per cent
as the new ratio of division of net earnings in place of 31 per
cent and 69 per cent as heretofore; each party in future t> pay
its own rental charges from its own sliare of profits, and that
resort be had to arbitration in case the above division of earnings
were not satisfactory to your directors.
think that all the economical advantages of such jointtraffic combinations can be obtained equally well from a contract
for the operation of your road at a fixed rate or cost to you, and
that before listening to any proposition for another joim traffic
or pooling arrangement nf any kind, you should first ascertain
on what terms as to cost your road can be operated.
The terms proposed as above by the Boston & Lowell Co.
would in our judgment, if accepted, yield you at present less
than 5 per cent on your capital stock.
'
'
1
We
BONDED AND FLOATING DEBT.
INCOME AND EXPENSE ACCOUNT.
" The balance of third mortgage bonds of this company, which
The following statement shows the income and expenses of the
fell due June 1, 1877, amounting to $351,000, have all been paid, Nashua & Lowell Railroad for the year ending March 31, 1878
and the mortgage canceled. To do this, tliere was a fund of
Ii.come.
$78,217
$129,^79 on hand at last report, which had been derived from the Net income from joint management
1,917
hall, stor 8, etc
Rents
for
Bale of the company's consolidated mortgage bonds, and the bal16,624
Boston & Lowell BE. on account of error in apportionment of taxes.
ance, $233,130, was made up by increasing the bills payable
$»6,759
account, which, at the close of the premnt fiscal year, was $373,.
885, as against $346,190 at tlie end of the previous year,
making
an apparent increase of $126,695, which, deducted from the
amount borrowed for the above purpose, makes an actual reduction of the floating debt of $96,424, and leaves in the bands of
the company, unsold, 350 bonds, less 5 put into the sinking fund.
The sinking fund of the C. H. & D. R. R. as provided in the
consolidated mortgage has been paid to January 1, 1878."
CONDENSED BALANOE SQEET, HABCH SI. 1S78.
LiabUitUs.
Construction
Equipment
Eeal estate
Fuel and materials
Iron rails account
Woodlands
Bills receivable
Stock and bonds.
Due from f oft-offlce Dep't.
Due from Railroad Go's
Due fiom individuals
Daniel McLaren, Trustee. ..
w
& Ft.
BK. Co
Dayton & Mich. RR. lessors
C. B.
$3,828,066
1,121,250
871,543
88,391
55,135
3,565
4,408
''967,121
8,7(16
51,721
47,629
86,924
141,325
623,740
&
Cin. Eich.
C. KB. lessors
Cin. H. & Indianap. BK. Co.
United States Trust Co
Cash and cash assets
Capital stock
$3..100,000
mortgage bonds
Second mortgage bonds
Consol. mortgage bonds
Third mortgage bonds
P'
rsL
bonds
1,446.550
63,696
railroads
112.511
76;5'>1
25,916
19.481
18,738
&
I'ay-roilB
7J,23-i
Billsp.yaWe
372,88)
995.793
$8,434,901
139,566
$8,431,901
.
$2,634,850
Taxes and insurance
13,530
2,125
$1,601
expenses (ordinary)
the late Trea8ur,r on account
6,900— 8,501
of his claim for salary and other tervices
1,888
Miscel.aneous expenses
101
Advertising and slationery
Nos.
75
&
76
^''?'?
Dividends
16,258
Carried to contingent fund
Office
Amount charged and withheld by
$96,769
9v,6,000
individuals
D. <fc M. pref. dividends. ..
D. & M. com dividends....
Cin.Rich.
Chic. HE. losses
• This account represents the following secnrlUes. viz.:
Par Value.
700 CiBclnnali Hamilton & Indianapolis bonds.. ..
$700,000
26 C. R. & C. first mortgage bonds
36,CO0
65 C. K. & C. second mortgage bonds
65,1 Ori
7,502 shares C. E. &
stock
37>,100
47,962 shares D. &M. slock
...
1,31)8.100
260 shares Cincinnati Elevator Co. stock.
25,1 00
138 shares C. H. & D. Railroad stock
2,800
36 Income boids D. & U. Bailroad
36,1 00 1
81 shares common st ck D. & VS. Bailroad
4,050 >
56 ehsrea preferred stock D. & U. Bailroad
2.900 )
9,907
capital,
494,000
Dividends unclaimed
Due
Due
$12,497
on
1,215,"'
...
Surplus earniiiga
Interest on
Expenses.
:
Interest on $200,000 gold bonds
Interest on floa ting debt, less interest received
Wilton Bailroad in full for the year, being 6 per cent
$221,000, and $150 for organization
On
Books.
$61)5. ICO
18,'lhn
69,730
100,97ii
GENERAL INVESTMENT NEWS.
—
& Predrlcksbnr,?. The sale of this road adverdid not take place. A petition was filed in the
Circuit Court, Alexandria, by judgment creditors of Ihe road,
claiming that, as the deed of trust under wbiob the sale was
advertised was made before the time at which the right to make
a road beyond Alexandria was granted to the company, the deed
of trust did not include that portion of the road lying beyond this
After argument on the subject. Judge Keith withheld his
city.
decision, and the sale was postponed until after this question is
adjudicated.
Ceulral of New Jer.'^ey.— Tbe stgreement which creditors are
invi ed by the receiver to sign is as follows
That we will accept, in full pav-nent and satisfaction of all sums severally
due to us. liicom.' bonds of the said company, of the is-ue described in the
Alexaiidria
tised recently
:
affairs thorenf, dated February
equivalent at par to the amount of said sume, and to be delivered on
the- first day of July, 1578.
.
.
,
,
.,
,,
.
.
Or 50 per cent of said suras in cash, paynble in three equal ii stalments, at
six, 1 ine and twelve months from said day, during which period ihe time for
case
Utter
in
the
however,
that
provided,
exttnded;
sums
is
payment of said
option to take such obligations in lieu of bonds shail be nollflod to
58, 55
agreement for ihe equitable adjn-tment of the
25,000
2,800
i-, 1878,
6,800
$967,121
our
said receiver la writing before said day.
:
Junk
On
—
1
,
THE CHRONICLE.
22, 1878.]
reealpt of
payment a< aroriKSld.
w
•arrondor
wl'l
all
evldenccg of
''"''' ^^ "* ">Pf«»«utinK Iho "aid mim* dno to ni.
ThiB agn amrnt rha bo void npon fullure of Mid receiver, upon demand.
l>ond« or pay rAid instalments within ten dayt after the time
S.ti
1
to del ver .a:d
herflnbtfori- llm ted.
Chesnpcake
& Ohio.— Notice
in given that all bondlolderj
rMOrgaMizition, and have not vet depoaIted ilieir bonds with the Ccn'ral Trust Company in New York,
must do BO before July 1, ai< the I'urchasing Committee la required to make a settlement by that date.
who
desire tu join in
ilie
Grnnd
ISapids & Iiulinna.— A Ptatement of sales of lands
belonging to the land grant of thia company is as fol ows
:
i8:r.
Month of May
Five
mom hs of
.
!'..".
year.
Increase
!.!.*"'.
!'.*.'.'.'!
*.'.
.'.
tWCSS
$14,751
319 830
&
a committee represeniing the railroad company and the Union
Trust Company. Of the bonds lecured upon the land contracts
the third lot of |2."),()00 since January has been drawn for'
redemption and cancellation.
The whole amount of these
authorized waj f 1,000,000. and the officers of the railroad company
state that ^S.iO.OOO of the bonds bave been sold at 95 and accrued
interest, and that the company has paid off a floating debt of
$300,000.
&
Indianapolis Cincinnati
Lafayette.— Mr. M. E Ingalls,
month of May, has the
receiver of this road, in his report for the
following
CASH RECEIPTS.
Balance en hand Apr. S", 187iJ.
From renta
From loans
From agents and con'lnctors,
From other railr'd companies.
From ezpros goods
From sale of SLfap, &c
From interest
From mlfcellaneons sources..
Total
1,728
50,000
101,056
li,:!8i
2,O0S
5,80n
605
1,31
$191,047
Loans
Salaries
and wages
ni
Taxes
Bond interest
4,379
24,855
13,780
934
11,757
fteel rails
Interest
Kenis
For supplies
;9,C3a
Railroad hilances
and vouchers
lUiscel. bills
Balance on hand
...
833,025
44,760
Legal ixpenses
Ace mnt
May
Total
.
Louisiana „
Consols.— A letter from Messrs.
Lyman, of New Orleans, says that
,
31, 1878.
23,165
ii,e4«
4,729
$191,017
Townsend &
"Kach year's reienue is also only applicable to that year's disbursements
Now, as nginds cdnsnls, the .'vJi mills has eaciedly to be put aside f. r the
Inteiestof the resp ctlve year, for which collected— 1378 c^nni)t touch the
fund of I877nor 13.5. nor'7D that of 1877. Each year's collections go to pay the
Interest of that year and no <.ther. 1 here will be no year when at least threequarters uf the entire coupois of that year cannot be paid; couequerf
y
even If onc-haif of one coupon per year shou d go unpaid, there wouldstill be
at 80, a 6>i per cent per annum luvef tmeni."
In regard to this and all other QDancial laws, it may be
remarked that their importance to bondholders depends chiefly
npon the manner in which they are carried out.
Missouri Kansas & Texas.— A petition will be presented in
Supreme Court, Chambers, by Levi Parsons, for an order against
the Missouri Kansas & Texas Railway Company, to show cause
why
the petitioner should not be admitted as a director of the
company. The petitioner states that he owns 9,108 shares of the
Stock and a large amount of the first and eecond mortgage bonds,
and at the election of thirteen directors of the company, held
May 15, at Parsons, Kansas, he was duly elected one of the
Board that at ihid meeting there were represented 172,000
shares, which, under the Kansas law, were entitled to cast as
;
many
votes in the eggregate as should equal the number of shares
multiplied by the number of directors, in this instance makiug
3,236,000 votes. That at this meeting fourteen persons were
voted for. N. L. McCready received 273,537 votes, the petitioner
21'2,628 votes, and the others 133,019 votes each.
Notwithetan^
ing this vote, he is|refu8ed recognition as a member of the Board
of Directors.
Montdair & GreenTrood Lalie.—This road
be sold under foreclosure August 17.
''
:
^Mf^
Two
loans by"Panama Kailroad Co
Balance due on contract to May 25...
Notes not matured
Earnings for May, due June 25
Estimated oatnluis for one-half of Jane
ai
is
Total
Per contra
7150
(wm
lilLO^
1.^0000
......'.
SS'ooS
'..'.'
iijSn
(2.8tO,00
:
Vaturcd and pa'd
t due for fourteen years
Nt
Intertst paid to
June
i.il.'.*.'!
.
...,.!.
1
.Total.
„
Net indebtedness
S60 OOO
1690000
tOOOO
$1,810,000
490.(00
President Park said
"
The
owes our company
requested the payment of
It was not a demand, but simply a notification that
$150,000.
we needed that amount.
loaned the steamship company
$500,000 a long time ago, and subsequentlv we loaned an additional $1,000,000.
When the rompany was short of funds we
took notes and had them discounted.
The steamships of the
Pacific Mail Company are all in the name of the Panama Railroad
Company.
have no intention of instituting proceedings for
a receiver, as r ported. In case of default we could run the
vessels of the Pacific Mail for its benefit.
The relations of the
two companies are friendly, and will probably continue so."
now over
$2,000,000.
;
Pacific Mail
Latt week
we
We
We
OASU DISBtJBSEMENTS.
$8,-256
Panama Railroud-Paciflc Mall.—The TrUmne reports tb»t
the Pacilic Mail St«amshii> Company has receive! a
detailed
statejient of its Indebtedness to the Panama Railroad Cunpiaj
which shows that Instead of being $1,663,125, as given i.. the
annual statement of April 30, it ia in excess of $2,000,000.
Th*
officers of the I'acific Mail Steamship Company declined
to fnrnish the statement or any direct Information concerning ii,
but
from a trustworthy source the following figures were obtained
as approximate amounts
-..utMM-:.—
19V 741
St. Joseph.— This
company last year created
|1,500,000 of third mortgage sinking fund bonds, which were
used only as collateral for loans. The company has finally canceled
the entire issue, which was burned and destroyed in presepcci of
Ilniiiiibal
625
advertised to
New Yorli Lake Erie & Western (Erie).—At the meeting of
bondholders held in London, June 4, the reconstruction trustees
presented a report. The trustees stated that the assents to the
plan included |15. 932,000 out of 116,656,000 first consolidated
bonds and |24,305.00U out of $25,000,000 second consolidated
and gold convertible bonds assessments bave been paid on 49,151
out of 85,369 shares preferred and 318,648 out of 780,000 shares
common stock, and many mure stockholders are expected to come
in.
The amount available for improvements of the road is estimated at $3,750,000 from stock asfessments an<i $2,250,000 from
income saved by funding coupons, or $6,000,000 in all. Tlie
report was accepted and a committee appointed to fix the compensation to be pa d to the trustees for their services.
St,
Loais Alton
&
Terre
Haute- The
main
line of the St.
Louis Alton & Terre Haute Railroad was leased June 1, 1867, to
the Indianapolis & St. Louis Railroad Company^for 99 years.
The principal conditions of this lease are that the lessee shall f ay
30 per cent of the gross earnings of the line up to $2,000,000 per
annum, or, failing that, not less than $4-50,000," per annum. The
Indianapolis Cincinnati & Lafayette, the Pittsburg Fort Wayne
& Chicago and the Cleveland Columbus Cincinnati & lndi:nj
apolis Railroad Companies guaranteed this rental.
By the
terms of the contract they were to make up to the St. Louis Alton
& Terre Haute Company any deficiencies in the payments by the
Indianapolis & St. Louis Company. Very soon after the agreement, however, the Indianapolis Cincinnati & Lafayette Road
withdrew and refused to continue a party to the guaranty, and
deficiencies in the payments by the lessee, for the past nine years,
have been supplied by the two remaining guarantors. The report
of the IndianapDlis & St. Louis Company lor 1876 showed that it
was able to pay the St. Louis Alton & Terre Haute only $209,000
in that year, and that, consequently, the guarantors of the lease
had to make good a deficit of $241,000. The deficiency in the
payments in 1877 is said to have been as high as $300,000. Since
1876 the deficiencies have been made good every two months and
notes given by the guarantors. Two notes were thus given by
the guarantors to the lessor'on June 3, and now the makers of
the notes have notified the holders that they will not pay them at
maturity, unless the terms on which the road is leased are modified.
Thev have not stated, however, what modifications would
be acceptable to them.
It was reported on "'the Street" that a new lease, under which
they would not have to pay more than they would have had to
pay if the I. C. & L. Company had continued to be one of the
guarantors, would be satisfactory to them.
This is also the
opinion of the officers of the St. L. A. & T. H. Company. The
legal question at is?ue seems to be simply whether the two companies guarantee two-thirds, or $300,000, of the $450,000 renta)
fixed in the lease, or whether they are jointly and severally bound
for the whole $450,000.
The officers of the Terre Haute Road
say that if the courts should decide this question in favor of the
guaranteeing roads, they will be unable to meet the interest on
all o. their bonds.
This annual interest is as follows:
On Srst mortgage bonds
On second mortgage bonds
On income bonds
$1SI,C00
196,000
ll!i,00O-
On equipment bonds
Sinking fund...
30,0C0
2>.000
;
Ohio & Mississippi.— The Times reports, in regard to the
rumors of a settlement by wh ch the road would be taken out of
the receiver's hands, that the rumor is stated to have been untrue,
and the facts are given as follows: An arrangement was su
gested, and preliminary apers were drawn uii and signed by the
proper persons. Among the signers were Sii Heniy Gait, of Canada,
and Mr. John Bloodgood, of this city. The luiier represents the
holders of what are known as the Springfield bunds. Before the
scheme of re-organization was approved, a request was made o
Mr. Bloodgood to modify the terms affecting the Sprini>fiel
bondF. He refused to do so, and Messrs. King and Garret Tltlt
^
1
I
.1
this city to con-ul'.
with him.
He informed
those gentleme.. that
the scheme of re-organization was not altogether satisfoeinTv to
the interest he represented, but that it would be adhered to.
There is as yet no indication of the speedy re-organizaiion of the
Ohio & Mississippi Road.
$521,000
Totol
The Bources^of the income
of
the
company
last
year were:
Rental of main*'line, $450,000; the Belleville Branch, owned and
operated by the compsi-y, and the leased Belleville & Southern
Illinois road, $130,000.
After the interest and the construction
account were paid out of this aggregate of $580,000, the Terre
Haute Company had a surplus of $47,000.
HHS__3
J^St. Loiils
Company,
6f
A Iron Mountain.—The case of the Union Trust
New York, against the St. Louis Iron Mountain &
Southern Railwsy Company, pending in the United States Circuit
Court, was finally submitted on briefs and printed arguments of
counsel at St. Louis this week. The case was formally argued
before Judges Dillon and Treat in March last, but further time
till June 15 was given all parties to prepare b iefs and sabmit
The
suit is for the foreclosure of the consolidated
No decision will be 'endered
of the load.
until the next term, beginning on the third Monday in Septem-
authori
ies.
mortcage and the sale
ber next.
Savannah City Bonds.
—The
following
is
the substance of a
proposition made by the authorities of the city to bondhol ders,
for their assent:
qapMfi^)
ZPI^tttt "^ 9:^^^!^
ygtf
1. Bondholders to receive in.exchange, for the present.bosaB
.
:
lThe chronicle
626
new bonds
day
first
for same amounts, having thirty years to run from
of Feb., 1879, with quarterly coupons for interest at five
per cent per annum, all of which bonds and coupons shall be
exempt from taxation and be received by the City, as they mature,
at their face value as cash, for all taxes and debts of every
description (due and to become due) to the City, or paid in cash,
at the option of the holder.
2. To receive in full payment of all interest and coupons (and
fractional parts thereof) to Feb. 1, 1879, fifiy eight per cent of
their face value, at which rates they are to be received for onehalf of any tax or debt due the City, and paid in cash in the order
of their maturity, as rapidly as practicible, until June 1, 1879,
and after that date on presentation.
The third and fourth points of agreement relate to the option
of registering, and 'o the authority to be procured from the State
lor the new issue, and to the sinking fund provisions.
The fifth
point is as follows:
5. That all bonds for which this compromise is accepted be
Stamped in accordance with terms hereof, and until holders
representing one-half of all bocds now outstanding join in settlement herein proposed, the same shall not be binding beyond July
1, 1880, on which day, unless one half of the holders shall agree
to this settlement, those who have agreed shall be relieved from
the same.
Southern of Long' Island.— The bondholders' committee has
agreed to report in favor of scaling down the second-mortgage
bonds to 60 per cent and the third-mortgage bonds to 40 per cent
of their present amount.
A meeting of the bondholders is called
for June 25, at which the report will be presented.
Union
Pacific,
Kansas Pacific and Colorado Central.— The
Chicago Tribune of June 14 published in a special dispatch
from Leavenworth, Kan., the full text of the contract between
these companies, of which an abstract was given in the CiiKONICLE last week.
The agreement is executed in quadruplicate between the
Union Pacific Railroad Company, the Colorado Central Railroad
Company, the Kansas Pacific Railroad Company and Henry
Villard and Carlos S. Greeley, receivers of the Kansas Pacific
It is agreed between the parties as folRailroad Company.
lows:
That the railroads of the parties hereto Bhall, under the general direction
of the UEion Pacific Railroad Company, be managed, operated and controlled
ae one property.
•2. That to this end all the tolls, Income, rents, issues and profits arising from
the freleht, passengir and all oiher traffic of, over or from the said railroads,
incUiding the existing branches of the Kansas Pacific Rail'-oad Company
[Vol. XXVI.
In witness whereof the parties hereto have caused the same to be executed
by their executive officers this Ist day of June, 1878. the receivers signing the
same with their own proper hands
The Union Pacific itailway Company, by Sidney Dillon, President.
Kansas Pacific Railw ly Company, by Robert E. Carr, President.
Colorado Central Railroad Company, by W. A. H Loveland, President per
:
;
J. P. Usher.
C. S. Greeley, Receiver
;
Henry
Villard, Beceirer.
D II. H. Clark.
Wabash. A synopsis ot the balance-sheet of the Wabash
Railway Company, as kept by its treasurer, Mr. W. B. Corneau,
Witness
:
—
according to his testimony given in the suit of Tysen against the
company, is pubished in the American Exchange, as follows
OPERATIONS OP THE EAILWiY TOB 1877.
:
Gross earnings for 1877
Dividends on Mississippi and
$4,585,914
Illinois telegraph stock
'259
Sale of directors' car
6,000
$4,592,173
Less operating expenses and renewals....
Less taxes and insurance
......
$.3,200,919
..
12S,881-3..329,801
$l,S68,3n
Deduct other expenses, as below:
Construction and improvement
$195,714
C
Leased track
B. <Ss Q
Leased track T. P. & \v"
Rental Han. & Naples ...Rental Wabash equip., cars
Purchase Wabash equip., cars
Purchase Kdwardsviile Railroad.
Expenses of organization
Han. & Naples account received
Cout^ns
St.
31,8i3
12 503
17,500
27,500
56,000
11,983
139,186
7,753
3,143
prior to 1S77
Louis millers' contract
10,617— 513,846
$748,525
Deduct Seney mortgage:
Principal
$20 H. 555
Senev mortgage interest
35,77U-
Available for coupons
Coupons payable in 1877
212,325
$506,199
808,797
Deficit
But beside coupons payable in 1877. the balance-sheet shows
ment of other coupons In settlement
Actual deficit In income account
Balance-sheet shows further supplies on hand Jan. 1, 1877.
Balance-sheet shows further supplies on hand Dec. 31, '77.
pay-
$3J2,563
191,421-
1.
hereafter referred to, as gross earnings of the parties hereto, including the
bridge of the parly of the first part over the Missouri River, between Omaha,
in Nebraska, and Council Blufl's, in Iowa, shall constitute a common fund or
pool.
3. That the gross earnings contributed by the parties hereto fhall be apportioned, divided and remitted monthly to the proper oflicers of the resptctive
parties hereto, as follows— i. #., to the party of the first part, for its main line,
7£'e58 per cent; to the party of the first part, for Its Omaha bridge, a'776 per
cent t > the party of the second part, 4'B73 per cent to the party or the third
These percentages having been arrived at by mutual
part, 19-693 per cent
agreement, tiie earnings of the propjrtits of the parties hereto for the preceding year being treated as thj basis of this apportionment, the said earnings
for the preceding year having been agreed to have been as follows, viz.
Of the party of the first part tor its main line
$i3,873,'i03
Of the party oi the first part for its Omaha bridge.
475,273
Of the party of the secona part
800,000
Of the party of the third part
3,371,301
;
;
Aggregate gross earnings for the preceding year
I
$ 17, 1 19,777
Provided, however, that If the contributions of either of the parties hereto
for gross earnings, for any momh shall be In ticess of its distributive share of
the gross earnings, on the basis of this article, then there shall be retained by
Buch party out of the aggregate gross earnings the sum of 50 per cent of such
excess on freight earnings, such sums to be allowed to such party as n compensation for the coat if conducting the transportation of freigat by It, but
not to be allowed for the transportation of passengers.
i. That within thirty days of the expiration of the first year after the execn.
tion of this agreement, and within thirty days of the expiration of each succeeding year of the pet lod covered by this agreement, a readjustment ot the
above-named percentages shall be made-on the application ofi-Ither of the
parties hereto, if they be not otherwise an-reed, in the following manner:
The patty of the Irat part shall nominate two dlTlnterested experts, one of
whom shah he charged with the duty of representing and acting in the interest of the Omaha bridge, the other of whom shall be charijed with the duty of
representing and acting In the interest of the main li^ e of the party of the
flrst part, and the pirtles of the second and third parts shall each nominate a
disinterested expert, each of whom shall be charged with the duty of repieBentingatd acting In the Interest of the second and third parties respectively;
and if the expert' n»minated shall unanimously agree upon a decision of the
matters and questions submitted for their determination, fuch decision s-hall
hi final for the succeedir «; year; but if they shall not agroe upon a unanimous
decision, said experts shall agree upon a fifth expert, and a decision of a
majority of said five experts upon the matters and questions -ubmilted shall
be final lor the succeeding year and It sliall be the duty of said exoerts. in
considering the matters and questions submitted for their determination, and
in forming their decision, to give careful and due regard to the natural and
legitimate growth of local freight and passenger trafllc of the railroads and of
the parties h ereto
that, iu determining the percentiges of the respe:tive
parties hereto, the railroad of each of the parties hereto shall receive due
allowance for the earnings from freight and passenger trafllc naturally belt ngJng to said railroads re«|iec ively; and it shall also be the duty of said experts
to give full force and effect to the spirit and intention of this agreement,
which is hereby declared to be to operate the railroads of the parties hereto as
one property, and In such a manner as to produiie and to assure the greatest
financial benefits to them as a uuited interest.
5. That the accounts of gross receipts of all freight, passenger and other
trafllc of the railroads or the parties hereto shall be kept by the proper
officers thereof, and all of said receipts shall be remitted to the joint treasurer
of siiid companies at Boston, under such rules and regulations as the managers
;
;
Maling
total deficit for
year 1877 of.
LIABILITIES.
Unpaid vouchers
Unpaid pay rolls
Unpaid hills payable
Unpaid Edwardsville Railroad
Unpaid coupons of 18(7
Due other companies and individuals
Han. Bridge Company (unadjusted)
$-330,984
153,428
3,400
1.436
115,003
96,466
1,096
$701,820
Due
Duo
Due
Due
from
from
from
from
DEDUCT ASSETS.
Port Office Department
U. S. Ex. Company
other companies and individuals
$35,333
1,890
149,126
85.080
uncollected earnings.
272,710
Excess of liabilities over assets
The assets of
December
$429,100
$^4.5,075, coupon fund,
31, 1877, in paying off
was, in
fact,
applied be-
Seney mortgage, interest
and account, and was not available on December 31, 1877, for any
assets
a
The
of
bond
settlement
fund, |129,340,
other purpose.
is the paid obligation of the company, and not an asset.
Tbe only casli available on December 31, 1877, for payment of
fore
debts appears to be
:
In treasurer's hands
In paymaster's hands
$13,622
7,684-^$21,306
with which to pay |439,109 balance due on
liabilities, if all
the
assets arising from the road's operations were collected and apThe statement shows
plied, leaving a cash deficit of $407,803.
The unconverted
still further a receiver's liability of 1107,958.
assets of former receivers appear to be refuse bonds and stocks,
of small real value and no commercial value whatever for debt
payment. This liability being adiied makes a total deficit of cash,
or cash assets, to meet the actual liabilities oE the company on
December 81, 1877, of |515,791.
The testimony showed that the unpaid pay-rolls, dues to companies and voucher account on December 31, 1877, amounted to
The entire operating expenses ot October,
nearly $000,000.
November and December were stated to be :
October
$291,928
242,549
November
1
December
$225,778
1
$760,256
Total
show
that in order to gather
together the funds to keep it from default on January 1, 1878, on
its mortgages, the company paid practically nothing at all on
the actual operating expenses of the last quarter of the year, and
lacked more than $400,000 at the close of the year to meet its
obligations, without taking into account the receiver's liability
of $107,968 in addition.
The two
statements, compared,
Western Union Telegraph.— Judge Van Brunt, of the New
York Supreme Court, has given his decision in the suit brought
shall direct.
by Charles E. Benedict against the Western Union Telegraph
6. That each of these parties hereto, when It can consistently be done without
Company and the Atlantic & Pacific Telegraph Company to set
especial difficulty or Injury to itself, will be required to accommodate either of
The
the other parties hereto with materials and supplies used in operating said aside the pooling arrangement between the two companies.
lines of railroads at the same rates charged to itself, by whom the same may
arrangement was claimed to be illegal, first, because proper
be furnished, and that the rate of transportation of such materials and sup- notice Jbad not been given of the meetingof stockholders at which
plies shall be 1 cent per ton per mile
second, because it was
the arrangement was consummated
1. That this agreement shall cjntinue operative and controlling upon the
;
parties hereto for fifty years from date of its inception, which last-named date
shall be within thirty days from the making hereof
8. That this agreement is subject to the ratification of the United States
Circuit Court for the District of Kansas, iu the suit of A. Muir ot al., vs. The
Kansas Pacific Railway Company et al.
beyond the legal powers of the company, and, last, because such
an agreement was against public policy. Judge Van Brunt
d«^cideB in favor of the defendant upon all these points and dismisses tbe complaint.
;
JoNB
.
.
.
:
THE CHRONICLE.
22, 18T8.]
«27
Friday, P. M., Jane 31, 1873.
as indicated by our telegrams
given below. For the week ending
The Movement of the Crop,
CO M M E RC! lA L E PrfO^K
fRlDAT NiOHT. June
21, 1878.
The ailjournment of CongreHs without passing any meaaare
materially affectini; the public Bnancea or tlie basis ot values is
regarded with much saiisfaotion by the business community,
coupled, as it is, with more seasonable weather for the growing
crops and for local trade. The next few months are felt to be at
The only disturbing elelea-t secure to legitimate iuHuences.
ment remaining is the Berlin Conference, rsgardini; which hopes
are high, but confidence somewhat impaired by the reports received by cable. Failures continue numerous, many parlies desirinpf to take advantage of the National Bankrupt Law before its
repeal takes effect.
There has been some revival of speculation in pork, with recent sales of mess at $10 35@10 30 for August, and $10 85 for
September. Lard has also advanced from the same cause, prime
Western sellinir to day at |7 3.5, spot and July, $7 30@7 33t for
Bacon has been in better
August, and $7 43^ for October.
demand and is higher, closing at o}@5|c. for Western long and
Cut meats also show some further adshort clear, together.
vance, but are quieter.
There has been an important advance in
Butter has
awine at the West. Beef and beef hams are quiet.
been steadier, and cheese was in demand at 8i@8ic. for prime
London color, but the close is quieter. Tallow is only moderately
Stearine has advanced to 7i@8c. for
active at 7c. for prime.
The following is a comparative sumprime Western and city.
mary of agregate exports from Nov. 1 to June 15, inclusive:
S4J.597.:62
1876-77.
4i,8?4,800
323.695,181
155,561,849
717,138.812
5a6,U4,«66
IST'-IS.
45,(63.000
Pork, Ihs
Bacon Acut meats,
Lard.lbs
Totol.lbe
lbs. 489,416,080
Decrease.
Increase.
8,li8.400
100,7Sa,3!.9
87,032,877
"
193,994,176
Kentucky tobacco has been more active the sales of the week
amounted to 900 hhds., of which 700 for export and 200 for home
;
consumption. Prices, however, are without important variations;
Spanish tobacco in
lugs quoted at 3J@4^c., and leaf 5i@14c.
fair request, and sales are 450 bales Havana ai 80c.@$l 10, and
Seed leaf has continued active, the sales
154 bales Yara at 73c.
cases, including 1,730 cases new crop
175 cases, 1876 crop.
Ohio, at 7i®7ic.; other sales were
England, ll|c. to 25c.; 450 cases, 1877 crop, Pennsylvania, 10c. to
private
terms and 7ic.; 45 cases,
crop,
do.,
17c.; 147 cases, 1876
1876 crop, State, 5c.; and 44 cases, 1877 crop, Wisconsin, private
of the
OTTO-N.
O
*^hc €oxnmtxciid ^imcs*
week being 3,591
New
•
terms.
The business
in coffees, whether Rio or otherwise, has been
very limited during the past week some irregularity in prices
has been noticeable, but the actual declines are not very marked.
stock in
Rio, fair to prime cargoes quoted at 15i@16ic. gold
sales
first hands, 89,945 bags; mild grades are quoted as of late
Rice has sold steadily
of 3,093 bags Maracaibo for consumption.
and fairly at firm prices. Foreign molasses has been in better
request, with Cuba 50-te8t refining quoted slightly higher at 3.5@
Nsw Orleans continues in jobbing sale a». 25(347c. the
35ic.
Refined sugars have remained steady, wi' h a
latter for choice.
Raw
Steady, moderate trade standard crushed quoted at 9|c.
grades have been rather quiet, but late values have been
retained fair to good refining Cuba quoted at 74@7f c.
Boxes.
Bhda.
Melado.
Baffa.
51,139
12,032
116,090
9i8
Block Jane 1, 1878
44,6'23
161.295
2,219
1,103
Becelpia eince June 1, 1878
23,376
2,165
132,519
1,750
Sales einr.e June 1, 1878
6'il
144,866
63,386
12,036
Stock June 19, 1878
18,< 93
101,12y
8J4.80.-i
2,095
Stock Juue2l, 1877
There has been little of importance transpiring in the naval
store market, yet late values have remained steady spirits turpentine quoted at the close at 29i(^30c.; common to good strained
rosin at $1 50@|1 55. Petroleum has latterly shown more firmness, owing to improved export demands crude, in bulk, quoted
Steel rails must be written
at 7c., and refined, in bbls at Hie
quiet at the moment, though the rumored sale of 20,000 tons to the
Erie road is now fully confirmed, at an average price of |44, dehe pig Iron marlivered in the immediate future at the track,
ket is dull and depressed the supplies are full, and increasing lo
each an extent that it is proposed to extinguish one-third of the
furnaces now in blast. Ingot copper continues quiet but steady at
16|c. for Lake. Whiskey today sold at $1 07i, cash.
In ocean freights there has been some weakness and irregularbut for charteied tonnage full
ity in the rates for berti room
figures have t)een obtained, owing to the reduced offerings and
more limited arrivals. On the whole, business has been very
good. Late engagements and charters include Qrain to Liverpool, Ly steam, 8d. per 00 lb. per bushel
bacon, 30s. per Km
flour, 3s. 9d. per bbl.
do. by sail, 2s.
cheese, 35(«$40s. per ton
3d.; grain to London, by steam, 9d., CO lbs. flour, 28. 6d.@2s. 9d.;
provisions, 35(a45s. per ton grain, by sail. 8ii., 60 lbs.
flour,
from the South to-night, is
this evening (Juno 21), the total roceipt.s liave reached 10,721
bales, against 11,231 bales last week, 12,380 bales the previous
week, and 18,220 bales three weeks since, making the total
receipts since the Ist of September, 1877, 4,230,438 bales, agiUnst
3,932,137 bales for the same period of 1870-7, showing an increase
since Sept. 1, 1877, of 298,299 bales.
The details of the receipts
for this week (as per telegraph) and for the corresponding weeks
of five previous years are as follows:
Receipts this w'k at
New
1878.
Orleans...
Mobile
Charleston
Port Royal,
Savaunali
Galveston
1877.
.1,599
2,765
iio7
609
208
110
575
445
301
152
448
1,213
l,77.'i
1,257
615
818
1,044
1,638
2,372
1,134
12
1,680
3,439
11
151
1,428
121
209
8
379
1,002
3,261
999
58
517
60
108
286
10,721
8,526
10,493
9,708
12,430
.1,030
Total since Sept.
552
41
1,330
City Point, &c..
.
1,505
2,719
Norfolk
.
465
58
29
673
North CaroUua.
Total this week
1874.
4,067
<Scc.
Tennessee, &o..
Florida
1875.
1,855
247
82
Iixf tanola, (tc
1876.
1,777
1,955
4,230,436 3,932,137:4,047,550 3,451,826:3,752,566
1.
The exports for the week ending this evening reach a total of
19,535 bales, of which 12,448 were to Great Britain, none to
France, and 7,137 to rest of the Continent, while the stocks as
made up this evening are now 195,724 bales. Below are the
stocks and exports for the week, and also for the corresponding
week of last season:
EXPORTED TO—
Week
eudin»^
June
Great
21. Britain.
this
Same
Week
Week.
1877.
Total
Continent.
30
8,741
N. Orl'us
Mobile
France.
8,771
18,546
.
1878.
1877.
38,914
5,092
75,616
11,488
2,681
2,556
1,443
130,561
5,941
33,000
781
Cliarl't'u
3,306
Savau'h.
Galv'fuN. York.
NorfolkOther* ..
2,947
7,107
2,743
3,937
3,603 124,213
2,044
2.151 18,000
10,034
760
760
;
;
,
;
Tot. this
week..
12,148
7,137
27,606 195,724 263,291
19,585
Tot.slnee
Sept.
1.
2003.164 493,049 672,542 3258,755 2946,200
tbls week uDder tbe tieaa or 'ociier p jrts" mclade, rroiu Balti530 haleH 'o Liverpool; from .Boatoa, 124 bales to Liverpool; from Phllade.phia, lUO Dales to Liverpool.
*
Ibe exports
more.
,
;
;
;
;
In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on snipboard, not cleared, at
add also similar figures for New York,
the ports named.
which are prepared for our special use by Messrs. Carey, Yale &
Lambert, 60 Beaver street
We
On Shipboard,
JDNE
21,
AT—
Liverpool.
Now Orleans
Mobile
Savannah
Galveston
New York
i
;
;
:
;
;
;
;
;
wheat
to Havre,
by
per qr. do. to
Bremen, by
provitions to Bristol, by sieam, 40@4)s.
flour, 3s. 3d.; cheese and butter to Qlasgow, by steam, 42s. 6d.
Grain to Cork for orders, 6s. 3d. per qr. ;do.
flour, 2s. 9d.@33.
to Brest or Dunkirk, Os. 8d.; do. to Marseilles, 6s. 8d.
do. to
Rotterdam, 63. l^d.@68. 3d. do. to a Danish port, 7s. do. to
Havre, 63. do. to Belfast, 5s. lOJd. To-day, rates were steadier,
with business moderate grain to Liverpool, by steam, 8id do.,
by Bail,7@7id.; flour to London, by sail, 2s. 6d.; grain to Havre,
by steam, 7a. 5^d. per qr.; do. to Cork for orders, 68. 6d.; do to
Dublin. 5s. lO^d.; crude petroleum to Bremen, 3s. lO^d.; refined
do. to Bremen, 3s. 9d.; do. in cases to Corf a, 32c.; do. to Odessa,
;
sail,
5j.
9d.
;
sail, 8d.;
;
;
;
;
;
;
S3ic., gold.
800
700
900
None.
None.
None.
None.
None.
None.
None.
12,811
800
4,861
5,561
Leaving
Total.
Stock.
None.
12,400
2,748
900
900
None.
None.
None.
»10,524
26,500
2,344
1,843
3,937
113,689
1,800
26,572
148,313
1
Included in this amount there are 5,600 bales at Presses for foreign
the dcstiuatiou of which we cannot learn.
the foregoing statement it w^U be seen that, compared
with the corresiwnding week of last season, there is a decrease
in the exports this week of 8,021 bales, while the stocks to-night
are 67,507 bales less than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to June 14, the latest mail dates:
*
port-s,
From
RECEIPTS SINCE
Ports.
SEPT.
1877.
1.
1876.
EXPORTED SINCE
Great
Britain.
SEPT. 1
other
„
France,
I
yorelgm
TO—
Stock.
Total.
;
;
Ss. 3d.(u:2s. 6d.
Total
Coastwise.
Fraucc. Forei>?n
10,000
2,748
None.
None.
63
,
not cleared^ for
Other
;
N.Orlns 1361, ,887 1171,918|
Mobile. 410 204 355,666
Char'n* 456, 824 467,348
589, 532 470,696
Sav'h
441, 978 498,759
Galv.*
N.York 142, 503 120,414
14, 199
20,373
Florida
N. Car. 141, ,741 128,068
Norfk* 502 ,564 547,091
Other.. 158 ,223 142,378
.
.
This yr. 4219,715
789,930 324,621 302,110
103,635 26,146 31,566
131,935 70,355 103,584
176.247 36,351 138,748
186,172 26,971 11,291
5,750 36.334
311,525
35,007
156,687
189,578
1,780
1,075
19,890
2,929
18,953
1416,661 47,011
161,347
5.695
305,874
1,182
351,346
2,696
224,434
5,548
353,609 131,925
56.677
160,691
208,531
433
3,272
19,000
2080,716 493,049,665,405,3239,170 217,352
3923.611 2052,777 443,919 421.898 2918.594 309,338
Laatyr.
• Unoer the head of Vharlaton Is Includcil Port Kojral. *c.: under the head ot
fialvtJiton Is included Indlanola, 4c.; uadcr the head of Sor/Olk Is tocloiM Cltj
PulQt, Ac.
.
. ..
:
THE CHRONJCLE.
628
These mail returns do not correspond precisely with the total
of the telegraphic figures, because in preparing them it is always
home consumption much
business for
smaller than last week.
sumption, and prices were unchanged.
depression noted at the close of our last was continued from day
to day until the close of Tuesday, when the aggregate decline
from the close on Friday was from 9 to 12 points, the autumn
600
1153
100
100
500
11-55
11-66
11-57
11-59
11-60
11-61
11-62
ll-(«
300
100
300
600
300
owing to the belief that
On
the new crop will be unusually early and marketed rapidly.
Wednesday there was some reaction, but only in the summer
months, and yesterday was in the early dealings nearly a repetition
of Wednesday, but the close was weak, and the next crop slightly
cheaper. The decline early in the week was due to a subsidence
On Monday the Bureau report was
of speculative confidence.
made public, but seems to have been without influence here, though
the political intelligence from Berlin was regarded as rather disquieting.
The reaction on Wednesday was mainly caused by
reports of continued rains at the South, and speculative orders
based upon the apprehension of damage to the growing crop from
Parties having out contracts for delivery in the sumthat cause.
mer months were pretty free buyers to fill them, apprehending a
scarcity for delivery, the effect of which was felt most in ])rices
for June, which were last evening higher than on the previous
Friday, while July and August were slightly cheaper than then,
and the next crop 13@14 points (about Jc.) lower. To-day, under
a weak report from Liverpool, and continued favorable weather
at the South, there was a pretty uniform decline of 8@1 1 points.
The total sales for forward delivery for the week are aTjS.aOO
depre.ssion,
—
free on board.
For immediate delivery the
bales, including
total sales foot up this week 5,377 bales, including 170 for
118 for speculation. Of
export, 5,089 for consumption and
The following tables show
bales were to arrive.
the above,
the official quotations and sales for each day of the past week:
Saturday, June 15,
Sat.
to Friday,Jimc 21.
Ordinary
$
Strict Ordinary
. .
Ordiuai-y.
Strict
Good Old.
10
lOia
1013
1078
1113
We
Ills
.
Low MiddliiiK
Strict Lo-w
Mid
115l6
Middling
Strict
llli!
lllSj
Middling?
Good Mid... 12>4
868
958
10
10
10
..
mon
Sat.
9%
9=8
B).
Good
mon
IOI9
10^8
1118
11°16
III2
lllSj,
1115j6
1116,,
I2I4
1214
1214
lOia
lO's
Ills
111*16 11B18
lll<i
1113
ORLE'NS
TEXAS.
mon
Sat.
Sat. Tllon.
9%
9%
9%
lOia
10=8
11
11>4
lOis
lOBs
11
lOia
10»8
700
...
100
1.200
l.'-OO
5,300
4,800
1,600
1,700
2.500
use
1,800.
1,500
400
500
800.
2,800
4,300
1,700
..
200
300
11-52
100
1153
800
Ill'
IVIS
... 11-54
11-56
7,200.... ....... 11-56
2,000
1.300
1,000
11-14
11-15
11-16
11 "4
ii'ie
11^8
Good Middling..
Strict Good Mid...
.
12lt„
Middling Fair
Fair
137,6
-03 pd. 10 exch. 900 July for Ausus'.
The following
Th. Frl.
Frl.
Til.
^
09,18
09,8
91*18 91.',6, 91-Good Ordinary
107,0 !107,6 107,6
Strict Good Old... 10I3i6'1013i6 lOl:!,,
Low Middling
111,8 ilHie llliie
1114 tllH I1114
Strict Low Mid
;..
Middling
117,6 ^117,8 117,6
1178
1178 11178
Good Middling
123,8 123,8 tl23,6
Strict Good Mid.
12llie 1211,611211,6
Middling Fair
Fair
137,6 1.37,6 1137,6
.
^
lb.
Th.
Th.
Frl.
Low
Middling
Middling
I
99l6
911i(
9IS16 IOI18
107,61 10»j8
1013i8 lOlS,,
lUlS 113,6
III4
11%
ii'^ie ll»16
911,6 911,6'
101,6 |101i8
109,8 109,0
10"i,o'l016,6
113,6 1113,6
ifs
12
Frl.
911,6
101 16
109,6
1016,6
113,6
11%
11%
119,6
119,6
12
119l0
12
12
11%
128,6 I2B18 125,6 125,6 125,8
I2II16 121311 1213,61213,8 1213,8
137
139,6 139,6 139,6 139,6
912
912
10
10
IOI2
lOifi
llifl
Ills
MAKKET AND
9''l6
97,6
91^,6
91=10
107i6 1(17,6
ll'ie lUlG
Ex-
Dull, easier
Wed
1,351
.
170
Quiet
Tliurs Quiet
Frl. Steady
.
Total
Con- Bpec- TranI
Easier
Sat.
Mon
Tues Quiet, lower.
170
892
180
693
334
sit.
35
20
1,639
63
5.O,'(!)l
llfti
..
10-H7
10 98
1099
.
..
11-21
700
11-00
li-Ol
For
Ma'-cb.
11 02
100
..11-14
11-03
11-04
200
200
11-24
11-27
11-29
11-31
100
IW)
700
For April.
11-22
11-23
11-24
11-25
11-30
400
100
100
500
200
11-32
11-83
11-84
11-37
11-40
1,200
600
300
100.,
400
"3300'
For Mav.
11-31
900
700
11-32
100
11:3
1142
200
500
500
200
11-49
11-50
11-51
23,300
been made durii
1
-02
pd to cxch. 10
sho%v the closing prices bid for future
delivery, and the tone of the market at three o'clock P. M., on
the several dates named
will
ITI.ANDS— AMKRIC-VX CLASSIFICATION.
Fri.
TUiirs.
Mon.
Tucs.
Weil.
Sat.
Lower. Lower. Lower. Lower. Higher. Irreg'r. Lower.
JIIDDI.INO
Market—
Frl.
11-56
11-62
11-67
11-43
11-24
11-10
11-09
11-15
11-21
11-31
11-41
11-52
June
July
August
September
October
January
February
MareU
April
May
Transfer orders
1160
11-52
11-57
11-63
11-40
11-20
11-08
11-07
1112
11-17
11-28
11-38
11-48
11-55
11-47
11-53
11-57
11-31
11-13
11-00
11-00
11-05
11-12
11-20
11-30
11-10
11-50
11-49
1155
11-61
11-37
1118
11-07
11-06
11-11
11-18
1127
11-36
11-46
11-50
11-56
11-60
11-63
11-32
11-14
11-02
11-01
11-05
11-13
11-21
11-30
11-40
11-00
11-59
11-61
11-64
11-31
11-11
10-99
10-98
1103
11-10
11-20
11-29
11-38
11-60
11-50
11-51
11-.53
11-21
11-02
10-89
10-89
10-93
1101
11-11
11-20
11-29
11-55
Easy.
10P%
4-82i2
DiUI.
Dull.
Quiet.
10034
4-8213
100%
4-82i3
100%
4-82ia
Strong.
100%
Weak.
100%
4-S3I4 -4.8314
100%
4-8314
849.500 1,075,750 1,079,000 1,098,500
171.500
182,750
223,2.50
223,250
8,250
8,000
10,000
6,500
83.250
90.250
52,000
50,000
15,000
16,500
17,000
7,000
52.500
42,750
70,250
47,750
Stock at Bremen
63,000
39.500
62,500
58,500
Stock at Amsterdam
10,000
1.5.500
12,250
11,500
Stock at Kotterd.aui
18,750
4,250
6,500
7,750
18,000
25,500
26,250
16,000
Stock at other couti'utal ports.
Total Great Britain stock
Stock at Havre
SI oek at Marseilles
Stock at Barcelona
.
91*16
107i6 107i8
442,000
. .
466,250
471,250
394.000
916,,
lUls lUie
Total European stocks.. ..1,291,500 1,542,000 1,550,250 1,492,1500
032.000
312,000 437,000
India cotton atloat for Europe. 236,000
212,000
194,000
240,000
Amer'ii cotton afloat forEiu-'i,c 135,000
43,000
13.000
24,000
26,000
Egypt,BraziI,&c.,aflt forE'r'pc
216,763
263,291
305,141
195,724
Stock In United States ports
20.206
40,438
15,307
26,254
Stock ill U. S. Interior ports.. .
1,000
200
4,000
2,000
United States e.\ parts to-day..
.
Total.
1,386
.1
Quiet.
Total continental ports.
O'le
BALB8.
port, sumxi ul't'n
..
.
Frl
SALES OF SPOT AND TRANSIT.
SPOT MARKET
CLOSED.
100
100
The Visible Supply op Cotton, as made up by cable and
The Continental stocks are the figures
telegraph, is as follows.
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (June 311, we add the item of
exports from the United States, including in it the exports of
Friday only:
1875.
1878.
1877.
1876.
837,000 1,030,000 1,028.000 991,000
Stoct at Liverpool
107,300
12,500
45,750
51,000
Stock at Loudon
STAINED.
Sat. inon Tae« \red Th.
Good Ordinary
Strict Good Ordinary
95
.10
1099
500....
4,000.... .... 11-00
11-01
1,200. ..
11-02
2,000. ,.
11-03
600.,.
11-06
400...
11-06
210, .
11-07
100...
11-08
500 .
11-09
1,100...
11-10
2,700. .
11-11
3,500..
!
Closed—
9S,6
Ordinai-y
^ lb.
Strict Ordinary...
..
Gold
9816
911l6 91116 9iii8i 91I16
91618 915l6 91^16 lOho 101,6 101,6 |101i8
107,6 107,6 107^8 109j8 10»18 109j6 109,6
101"
1013,6 101^16 1010,6
18 10l4,6'lOl8,6
III16 III18 III16 113,6 113,, 113
113
III4
III4
IIH 11% 11% 11%" 11%"
110,1
ii'ia ll''l8 IflB
119,8 119l8
1178
1178
12
12
12
117a
125
12r>i6 126,6
123,8 123,6
12lS,6l2l3,6 1213,8
1211,, 12" 16 12lt,6
137
13»,6 139,6 |139,« 139,6
137,6 137
1H16
Low Mid
11-07
11-08
11-10
11-11
500
3,000
..
Wed
Tnes TTed Tnea TOed Tae*
Middling
11-08
700
800
B.500
9,600.
1,000
IMS
Exchange
Wed
Middling
4(X)
1,500
For August.
20
700.
11-04
11-05
1,900
1,800
11-14
11-16
11-18
....10-H4
1,100. .
200..-.
100....
For October.
11-04
100
13%
Tnes
Strict
62,600
100
100
13%
I3I3
iow
1,400
1.300
37,500
Ftr February.
1278
1313
10]
.
4,200
1,800
3,200
11-57
11-58
11-59
11-60
11-61
11-62
11-83
11-64
11-6)
11-16
11-07
10 92
10-93
12%
1312
91*,«'
700
10-01
1278
la's
107,8
11-55
11-lB
12%
Fair...
.
11S4
11-12
1114
1278
1308
12%
Strict (Tood Old... 10i:!,8
7.5(K)
1X07
12%
12%
9"^
2.000
1.900
5,400
3,500
3,900
3,700
..
....
.
11-29
....
11-30
400... .. ., 1108
11-31
11-09
400.,..
11-32
1,100. .. .
u-io
11-33! 1300. .. ....11-11
11-34
11-12
700...
11-36
11-36 12,700
11-3"
11-38
For December
1140
10-90
100....
11-41
10-91
1,800....
11-42
10-92
1,800 ...
11-43
) 0-1-3
2,300...
11-44
10-94
100 ...
10-95
400 ...
10-98
100....
800
11-48
11-49
11-50
11-51
11-52
11-53
...
...
I
2,200.?..
300....
300....
300....
300....
800....
8
.
1278
1308
12%
90.
'16
1127
11-06
12%
12%
lb.
10%
10%
.500
For Ju'y.
1,500
2,300.
100
3,000
10-
1,400
I.SOO
11-28
11-24
11-25
11-26
11-
..11-25
For November.
For September.
5,700.
.
17,000
104,700
1.900
ll-?2
..
700
n-69
7,-.'00
100.
200
400
100
500
100
...11-21
.
eta.
Balef>.
11-23
500....
100. ... ....11-24
11-62
11-83
11-84
11-65
11-66
11-87
11-68
1,500
1,400
November
December
11
11
III4
1114
11 >4
lfl8 IHlfl 117,8 U'lO
11=8
11»8
U^S 11%
I2I16 121,6 121,8 121,8
Middling Fair
Ordinary
^
Strict Ordinary
Good Ordinary
9%
....
For .laauary.
ct«.
11-19
11-20
300
1,100
2,100
600.
11,-61
6.800
2.200
4.300
7,400
3,800
5,800
—
N.
fl,800.
Palo.
''t".
11-57
11-58
11-59
11-60
8900
100 a.a. '.8th 11-51
11-51
100
SOO
1152
For future delivery, the
UPLANDS. ALABAMA.
Pales.
16.000
9.500
6,400
1,700
4.400
2,300
Cts
11-44
800
11-45
400
11-48
100
200 8.11.22(1. 11-50
20O8D.<4ihll-5O
11-50
100
lOOf.n.n hll 51
Quotations were on Tuesday reduced l-16c., to 11 7-16c. for middling uplands. To-day, there was more doing for home con-
months showing the most
fVoL XXVI.
For June.
Bales.
necessary to incorporate every correction made at the ports.
The market for cotton on the spot has been much less active.
Scarcely anything was done for speculation or export, and the
Good
...
:
Sales.
912
350
693
334
35,200
30,900
47,200
65,400
50,000
1,702
44,.-)00
5,377 27:1,200
Deliveries.
1,600
600
2,600
300
1,600
1,700
S.4
00
iree on board)
For forward delivery, t i^ sales (including
have reached during-the week 273,200 bales (all middling or on
the basis of middling), aud the following ia a statement of tlie
Bales and prices:
Total visible 8Upply-bale8.1,886,731 2,441,545 2,554,829 2,617,469
Of the above, the totals of American and other descriptions are
.1«
follows
American —
668,000
380,000
135,000
Liverpool stock
CoiJtiiii-iit;il Hlocks
Aimrii-aii alloat to Europe
Uiiiliil StaU'K Klock
United Mates interior stocks.
United States e.>:port8 to-day.
Totiil
American
19.j,724
.
15.307
200
057,000
382.000
240,000
263,291
26.254
4,000
603,000
337,000
191,000
305,141
40,438
2.000
598,000
192.000
212.000
216,703
20.206
1,000
bales. 1,394,231 1,572,545 1,481,579 1.239.909
..
Jose
.
THE CHRONICLE.
22, 1878.J
E«at hitUnn,Jiraeil,(te.—
Llvcrpocl stock
London
Ntoc'k
Clint huntal.stock»
In.ll.i iitUuit for Etiroiio
Eg.vpt, Briizil, &c., nAoat
1877.
187fi.
373,000
42.'5,000
4.^,750
51,000
84.250
342,000
24,000
437,000
26,000
869,000 1,073,250
1,394,231 1,.572,545 1,481,579
Total visible supply
Price Mill. Upl.,I-lvcrpool....
if we have dry weather soon.
81, the extremes being 69 and 06.
have
shower
Texas.
We
had a
on one day this week,
202,000
Avera^
032,000 with a rainfall of twenty-five hundredths of an inch.
thermometer,
highest
and
lowest
80
70.
Good progress U
43,000
96,
being made in clearing the fields of weeds, but they Btul need
1,377,500
Wheat has been much injured here,
1,239,969 work and dry weather.
having been carelessly stacked. If we have no rain for the pres187.''..
134,2.'50
492,500
io
Total Ea»t Iiiillii,
Total American
1878.
169,000
12,500
62,000
230,000
13,000
SIW.OOO
107,.'J0O
These figures indicate a decreane in tlio cotton in sight to-night
of 554,814 bales as compared witli tlio same date of 1877, a
den-eme of G08,O98 bales as compared with the corresponding date
of 1876, and a decrease of 730,738 bales as compared with 1875.
movement — that
is
—
21, '78.
Week ending June
Stock.
Bccoipts Shipm'ts Stock.
Week ending Juno
Receipts SUipm'ts
0»
Colinnbus, Ga
Macon, Oa
Na.<livme,Tcua..
509
196
113
383
142
924
136
Total, old ports.
2,403
Angusts,
Montfconiory, Ala
Si-lnia,
Ala
Mcnipliis, Tenn..!
775
292
242
552
292
101
30
37
66
519
2,96^
925
1,289
1,713
141
751
2,881
6.688
little
grassy, but all will be well
The thermometer has averaged
—
Dallas,
we may be able to get out of grass soon. Otherwise mnch
damage is feared. Streams are up.
Brenham, Texas. Rain has fallen on one day this week, a
shower. The prospect is as good as can be if it only keeps dry
ent,
—
for ten days.
Wo hear rumors of the appearance of caterpillars,
but think them of very little importance. Average thermometer,
have had a rainfall of thirty
87 highest 96, and lowest 83.
We
;
the receipts
and shipments for the week, and stocks tonight, and for the
corresponding week of 1877 is set out in detail in the following
statement:
the
a
;
1,886,731 2,441,545 2,554,829 2,617,409
OSiod.
G\ia.
63i6<l.
T'lad
At the Interior Ports
629
22,
1,o;h3
595
547
62
67
3,658
'7'
3,508
2,564
1,225
1,271
673
14,420
284
973
31
240
2,.-}93
5,167
15,307
1,076
6,202
26,254
hundredths of an
New
inch.
Orleans, Lotiisiana.
—
Rain has fallen on two days, the
hundredths of an inch. The thermom-
rainfall reaching eighty
eter has averaged 83.
—
Great uneasiness is felt regarding the
Shreeeport, Louisiana.
safety of crops, caused by the long spell of rainy weather.
Cotton is going too much to weed, but if favored with dnr
weather, the grass could soon be subdued and the crop redeemed.
The thermometer has ranged from 92 to 70, having averaged 81.
The rainfall has been two inches and twenty-three hundredths.
The thermometer has ranged from 70
Vicksburg, Mississippi.
—
It has ra'ned on five days,
to 92 during the week, averaging 79.
the rainfall reaching three inches and eighty-four hundredths.
Columbus, Mississippi. Rain has fallen during the week on
four days, the rainfall reaching four inches and eleven hun-
—
dredths.
—
We have had rain on Saturday, Sunday,
Little Rock. Arkansas.
Monday, Tuesday and Thursday of this week, the rainfall reaching two inches and forty-seven hundredths. The weather is
87
Vicksljurft, Miss
4
1.50
123
Columbus, Miss.
variable, having fair mornings with rain in evenings and nights.
490 Had quite a storm on Monday night in some parts of the country,
362
Eufaula, Ala
54
115
1
76
Grlffln, Qa
It came in irregular lumps, and
616
46
60
,039 accompanied by a fall of ice.
Atlanta, Ga
135
478 did much damage in two localities.
The thermometer has aver340
61
Borne, Ga
40
3,50
328
25
Caiarlotte, N. C...
](K)
aged 76, with an extreme range of 67 and 86. Last week we had
3,52
110
743
876
1,358
2,744
St. Louis, Mo
2,535
707 rain on Sunday, Wednesday and Thursday, the remainder of the
B84
2,385
2,929
1,771
Cluclnnati.O
week having been fair. Average thermometer 83, highest 71 and
2,388
4,063 19,515 lowest 59.
Total, now p'rta
2,284
5,548
7,980
The rainfall was ninety-three hundredths of an inch.
It has rained during the week on two
Nashville, Tennessee.
3,464 10,265 45,769
Total, all
4,687 10.715 23,287
days, the rainfall reaching one inch and thirty-four hundredths.
The above totals show that the old interior stocks have The thermometer has averaged 73, having touched 80 and 66.
the crop is developing promdecreased during the week 3,764 bales, and are to-night 10,947 The fields are clear of weeds and
bales less than at the same period last year. The receipts at the isingly.
Memphis, Tennessee. We have had rain on three days this
same towns have been 1 ,327 bales more than the same week last
week, the rainfall reaching two inches and sixty-two hundredths,
year.
and it rained last night. The grass is growing so fast it is becomReceipt from the Plantations. Referring to our remarks ing very troublesome; nevertheless the crop is developing promIn a previous issue for an explanation of this table, we now bring isingly.
The thermometer has averaged 77, the highest point
the figures down one week later, closing to-night:
touched having been 88, and the lowest 66.
BECaiPTS FROM PLASTATIONS.
There has been rain here on four days, but
Mobile, Alabama.
tfie rest of the week has been fair.
The rain has extended over
Stock at Inter'r Ports Rec'pts from Planl'ne all sections, and very much damage has been done in the lowReceipt 8 at the Forts.
Week
lands and some in uplands. Weeds are growing fast and becomenJlng187B.
1877.
1877.
1878.
lt78.
1876.
1677.
1878.
1876.
ing very troublesome. Average thermometer, 81 highest 95, and
43,39i 15,737 48,082
April 5.
S9,SS6 132.495 1)0,619 119,991
6:>,804 26,287
lowest 74. The rainfall has reached two inches and seventy-four
Dallas, Texas
JcflVrson, Tex.
Slircveport, \A
37
49
146
159
211
25
62
190
446
433
84
3
..
176
272
12
29
10
210
399
.,
60
77
117
169
6
24
118
26
7
106
322
145
370
419
815
—
I
I
—
—
—
;
"
••
'
May
"
"
"
"
one
12.
4i,6;o
21.183
51,391
1.30,164 ia3,363 108,633
39,289
13,897
40.033
19.
30,9!0
18.010
89,016
U7.296 128.411
95,9-9
58,062
18,058
26,862
26.
2fl,85S
26,641
88,3)8
120,826 117,074
89,142
23,338
15,304
32,019
3.
28,002
16,560
81,196
115,076
li.7,."i34
75,550
20,232
7,020
17.604
10.
26,4)1
17,309
24,35;
106.301
97,696
6J,770
17,666
7,471
14,4:2
17
18.993
16,288
20,797
99.966
86,376
66,433
13,660
4,969
10,760
44.
16
.330
12,147
19,732
92,916
79,009
46,305
9,230
4,7:0
9.6(14
.31.
13,810
9,669
18,220
87,711
67,786
39,''2')
8,105
7.
10,4)6
9,390|
12,380
8!,569
57,503
3),1G4
5,314
10,940
7,5 9
"
14
8,44),
8,526
11,23!
76.054
52,154
29,315
1,929
3,171
6,392
"
21.
10.493|
8,W5
10,721
67.712
45,769
23,2 7
2,131
2,141
4,693
Total.
2W.173I 190,536]
i2l2.884
337,67811
87,M7l228.470
This statement shows us that although the receipts at the ports
the past week were 10,7il bales, the actual from plantations
were only 4,093 bales, the balance being drawn from stocks at
the interior ports. Last year the receipts from the plantations
for the same week were 2,141 bales, and for 1876 they were 2,151
bales.
—
Weatrkr Repobts by Telegraph. Better weather has
prevailed this week in much of the South, and yet very importdo not believe
ant sections continue to have too much rain.
any considerable harm has yet been done; but especially in Texas,
portions of Louisiana and Arkansas, dry weather is extremely
With ten days now of freedom from rain we could
desirable.
probably rejoice in having as promising a prospect for a good
yield as we ever had at this date.
have had showers on five days this
Oaheston, Texas.
week, the rainfall reaching two inches and sixteen hundredths.
are having too much rain.
No serious damage has been
done yet, but there is great danger from caterpillars unless the
daily showers cease. The thermometer has ranged from 74 to 98,
We
— We
We
averaging 84.
—
IiidianoUi, Texas.
It has rained on one day of the week, and
the balance has been generally cloudy and favorable to the propagation of insects, which are now greatly feared. Dry, hot weather
is wanted.
Otherwise prospects are good. Average thermometer
have had a rainfall during the
88, highest 9& and lowest 79.
week of forty-five hundredths of an Inch.
Corsicana, Texas.
There has been rain, showers, on two days,
with a rainfall of one inch and sixty hundredths. The rain is not
wanted, but reports of damage are much exaggerated. Crops are
hundredths.
—
Montgomery, Alabama. It has been showery two days the
of the week, with a rainfall of forty-seven hundredths of an inch, but the latter part has been clear and pleasant.
The thermometer has ranged from 68 to 91, averaging 77.
Selma, Alabama. It rained the first five days of the week, with
a rainfall of one inch and twenty-five hundredths, but the last
two days have een clear and pleasant. The crop is developing
promisingly.
Average thermometer, 77.
Madison, Florida. We have had rain on five days this week,
the rainfall reaching three inches and ten hundredths. The thermometer has averaged 77, the highest being 85 and the lowest 69.
The weather has been warm, sultry and wet. Crops are looking
fine and prospects are better than last year.
Macon, Georgia. Telegram not received.
Columhits, Georgia.
It has rained here on four days, and the
Much damage is feared. The
rest of the week has been cloudy.
weeds are growing so fast that they are becoming very troublesome. The rainfall has reached two inches and twelve hundredths, and the thermometer has averaged 80.
Savannah, Georgia. Rain has fallen on three days of the week,
but the remaining four days have been pleasant. The thermomThe rainfall has
eter has touched 66 and i>9, and averaged 76.
been seventy-nine hundredths of an inch.
Augusta, Georgia. The weather during the week has been
pleasant.
It has been showery two days, general and very beneficial to the crops.
Accounts are good. Average thermometer 76
highest 89 and lowest 63. The rainfall has been seven hundredths of an inch.
Charleston, South Carolina.—'We have had light showers on
three days this week, the rainfall amounting to thirty-six hundredths of an inch. Tlio thermometer has averaged 76, the
highest point reached having been 87 and the lowest 67.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
June 20. Wo give last year's figures (June 21, 1877,) for comearlier part
—
'
—
—
—
—
—
parison:
rune 20, '78. Jime21, '77.
Feet. Inch.
Feet. Inch.
We
—
New
Qrleaas
Memphis.
Naslnille
Slircveport
Vicksburg
Below hlgU-water mark
Above low-water mark.
Above low- water mark
Above low-water mark
Above low-water mark.
.
.
.
7
4
26
9
21
6
40
4
22
G
3
3
2
25
35
•
4
4
4
.
.
..
. :.
THE CHEONICLE.
630
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871, or Hi feet above low-water mark at that point.
—
Comparative Port Receipts -vnd Daily CbopMotbment.
of the port movement by weeks is not accurate,
M the weeks in different years do not end on the same day of the
A comparison
We
have consequently added to our other standing
tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week ending to-night.
month.
PORT RECErPTS FROM SATURDAY, JDNE
15, '78,
TO FRIDAY JUNE 21,
'78.
Acreage and Condition Report op the Agricultukal
Department. The June report of the Agricultural Department
was issued on Monday of this week. There was an evident
inaccuracy in the acreage figures as published, which we presume occurred after they left Mr. Dodge's hands, either through
—
the telegraph or in copying, or in some other similar way.
knowing whether the
New
of
Or-
Mobile,
we'k leans.
366
300
518
258
171
164
Sat..
Hon
Tues
Wed
Thur
Fri.
Char- Savanleston.
nali.
48
14
61
4
69
6
242
28
96
30
255
51
Nor-
ming-
folk.
ton.
257
273
213
368
521
68
556
505
354
Wil-
Galvest'n.
200
150
198
230
147
125
136,
124!
131|
AU
was
inibtake
we wrote to the Department
and have received the following reply:
tion,
96
26
27
116
778
178
275
137
2
1,704
1
Dbfartmsnt op Agriculture,
Washington, D. C, June SO, :8"8.
Dana & Co.
Gentlemen — Yonre
;
of 19th inst. received.
correct, according to our
is
*
(
most
The
acreage as given by
reliable data.
Very reepectf oily,
Total
1,505
2,279
1,360
1,581
1,210
2,786
a correc-
(or
Messrs. W. B.
Wm.
otliers.
144
Not
in the total or in the per-
centages of the States,
each State
D'ye
[VOh XXVI.
G.
Le Doc, Commissioner.
Accepting this correction a^ meaning that the State percentages are right, we find the following as the result of the department's report
Ettimated Acreage for
Actual
State?.
Acreage,
1378.
'77.
Increase. Decrease. Acres,
247
657
1,777
Tot'l
2,372
The movement each month
MontMy
1877.
Bept'mb'r
October.
98,491
578,533
822,493
900,119
689,610
472,054
340,525
197,965
96,314
Novemb'r
Decemb'r
January
.
February.
April
.
1,050
296 3,188
.
.. ..
May
1876.
236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,194
68,939
1875.
169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593
92,600
1874.
134,376
536,968
676,295
759,030
444,052
383,324
251,433
133,598
81,780
1.
115,255
355,323
576,103
811,668
702,168
482,688
332,703
173,986
127,346
1872.
184,744
444,003
530,153
524,975
569,430
462,552
309,307
218,879
173,693
Tot.My 31 4,196,104 3,903,725 4,013,875 3,400,862 3,677,240 3,417,736
Perc'tage of tot. port
receipts
May 31
96-67
95-77
97-25
North Carolina.
Sonth Carolina.
Georgia
per ct.
898,760
3 per ct.
1,612, 620
2 per ct.
220, 500 unch'ged. unch'ged.
4 per ct.
1,981, 350
1,995, 760 unch'ged. unch'ged.
1,285,,-50
1 per ct.
6 per ct.
1,444,,3J0
2 per ct.
1,081,,000
577.820
Florida
1873.
96-66
93-60
This statement shows that up to June 1 the receipts at the
ports this year were 292,379 bales more than in 1876 and 182,229
bales more than at the same time in 1875. By adding to the
above totals to June 1 the daily receipts since that time, we shall
be able to reach an exact comparison of the movement for tlie
different years.
Alabama
Mississippi
Louisiana
Texas
Arkansas
Tennessee
1875-76.
1874-75.
1873-74.' 1872-73.
Tot.My31 4,190,104 3,903,725 4,013,875 3,400,862 3,677,240 3,417,736
Reo'pts—
Junel
"
"
"
"
"
"
"
"
2,269
2....
S.
3....
2,359
2,396
1,243
1,704
2,409
1,401
4....
5....
6....
7....
8-...
9....
8.
" 10..
"
"
"
"
"
2,686
1,86
1,920
1,170
2,192
1,505
11..
12..
13....
14....
15....
" 16....
S.
" 17....
".18....
" 19....
" 20....
2.279
1,360
1,581
1,210
2,786
" 21....
1,351
1,254
8.
2,821
2,309
1,812
1,247
1,531
1,186
8.
1,584
3,061
1,385
1,962
2,084
1,578
8.
2,714
1,110
1,925
1,312
1,5:
1,209
8.
2,149
1,543
724
719
640
1,121
1,186
1,586
784
8.
1,075
1,837
1,375
607
S.
3,107
1,614
1,165
2,784
2,861
2,003
2,562
1,570
8.
3,028
2,241
3,107
2,921
2,946
1,463
8.
3,845
1,987
1,899
2,034
2,115
2,146
8.
2,676
3,090
2,627
2,614
2,978
2,674
2,442
S.
4,161
1,352
2,201
1,491
1,892
1,642
8.
3,571
1,684
2,351
1,701
2,643
2,704
8.
S.
3,609
4,360
3,310
3,006
4,096
3,017
8.
4,301
3,793
2,240
2,009
2,014
3,386
. .
This statement shows that the receipts since Sept. 1 up 1o
to-night are now 299,329 bales more than they were to the same
day of the month in 1877, and 187,748 bales more than they
were to the same day of the month in 1876. We add to the last
table the percentages of total port receipts which had been
received June 21 in each of the years named.
— We
Our Acreage Report.
shall publish next week our
acreage report, and shall eLdeavor to make it more complete
than for any previous year. Besides the usual features of these
it
will contain a detailed statement of the rainfall, the
thermometer (average, highest and lowest), acd other special
conditions of weather for the first six months of each of the last
five years, together
with such results of those years as will help
the reader in interpreting correctly this season's conditions.
We
form of eight pages, ancl
can furnish it to our friends by the quantity, with their cards
inserted, on reasonable terms.
shall also issue this report in circular
•220,500
2.060,604
1,995,760
1,-298,102
1,530,958
l,0b7,2'3a
2 per ct.
710,696
12,032,276
By this it appears that the increase in acreage is 1'75 per cent,
instead of " fully three per cent," as the telegraph reported.
As
We give
to condition, the Bureau's figures are as follows.
previous years for comparison.
States.
Georgia
\&72.
1876.
82
101
92
89
85
96
99
91
98
97
81
88
92
92
101
89
103
91
80
94
f6
82
.
1875.
1878.
1877.
87
1878.
North Carolina.
Souih Carolina...
1874.
90
96
92
82
94
90
102
95
103
101
90
94
101
82
93
103
63
Mississippi
98
91
62
100
78
93
100
84
Lonislana
98
88
89
95
70
94
104
90
104
91
90
96
90
86
100
93
98
94
95
90
90
93
98
83
97
94
93
95
85
90
101
90
Texas
Arkansas.
Tennessee
If the reader will observe the statements for previous years,
he
will find that the present averages represent a very favorable
condition of the crop.
Commissioner
We
add the concluding remarks of the
:
8.
2,614
3,176
2,504
3,020
2,370
2,602
Total
4,230,436 3,931,107 4,012,688 3,445,050 3,721,058 3,473,163
Percentage of total
97-35
96-46
98-51
97-81
port receipts
95-12
reports,
920,578
1,644,872
1-75 p. c.
11,824,960
Florida
1876-77.
582,99a
1
725,,300
ToUl
Alabama
1877-78.
'78.
10,721
since Sept. 1 has been as follows:
Year Ecgianiug Beptembcr
Receipts.
Marcb
1,134
Tlie general average of condition is 99. The stand is generally
good. In limited districts it is imperfect, in coneequence of the
planting of seed of impaired vitality. The season is earlier than
the last by an average of ten days. In some districts the crop is
no further advanced tbari usual at this date. In a few localities
a difference of from three to four weeks is claimed in favor of the
present crop. The comparatively low condition in North CaroIn South Carolina
lina is due to wet weather and cool nights.
and Georgia planting was unusually early, with seasonable
weather until the first week in May, since which time there haa
been little rain, and drouth is generally reported. In several
districts in Georgia the best prospect for many years is claimed.
In Mississippi, Louisiana and Arkansas rains have been frequent,
and in some districts injuriously heavy. Very favorable weather
has been enjoyed in Texas. Few insects are reported. The cutworm was a partial cause of defective stands at many points on
the Atlantic coast, and plants are beginning to be infested with
The injury haslice in limited areas west of tbe Mississippi.
been very slight. Fields are unusually clean in culture, and
William G. Le Due,
labor is increasing in efficiency.
Commissioner of Agriculture.
June 17, 1878.
India Cotton.
— There
noticed in the India cotton
are three interesting
movement
points
to
be
at this time.
1. According to our cable figures the weekly receipts at Bombay have now turned again in favor of this year. The change
began with the report for June 1st, when the week's total was
this year 35,000 bales, against
present
year.
34,000 bales in 1877
;
for
the
week the total is 31,000 bales, against 15,000 bales last
As the Dharwar and Coompta crops are mainly available-
monsoon, and are believed to be good both in quantity
and quality, may we not expect, especially in the light of the
past few weeks' receipts, that tbe Bombay movement the last
half of the year Will be considerably in excess of the same sis
after the
monthB of la^tyear?
June
.
THE (CHRONICLE.
22, 18TO.J
very considerRhle a'ditlon is made this week to the
Aa the shipments from
in our visible supply.
Bombay are only 16,000 bales during this week, it is evident
from the change in the total afloat that an increased movement
A
2.
India
-
:
1
afloat
We all know that mors
has begun.
cotton is expected this year from these other India sources than
As that movement is to a great extent during the
last year.
last half of the year, it would seem to furnish another reason for
anticipating that the shipment from India during the next six
The following are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the past week, and since Sept. 1 '77
,
nw TOBK.
will be in excess of the same six months of 1877.
The other fact which deserves attention is the decreased
amount Bombay spinners appear to be taking this season from
the Bombay stock. The total receipts at Bombay this year thus
3.
than for the same time last year, and
Europe are within 64,000 bales of what they
were up to the same date a year ago. As there is very little difference in the stocks remaining on hand in Bombay for the two
seasons, it would therefore appear that spinners have taken about
Since
Thia
week.
New
Orleana..
Tezaa
Savannah
Sept.
1.
8,315
78^
l,4«i3
H1,8J6
i
;
Tenneeaee,
Foreign
6,«7«
107,656
81,185
161.7 '8,;
4S6
261
3C6
47
142.6101
'488
•
814
•
•
•
1,C0»
sa,su
.0
.
It
ii«
••
841
19,817
18.969
41,468
86
**.
.
98,748
«M
1,143 108,248
1
4,t70||
4,6«0
28,184
>.
....
5M88
281
1,(82
18,908ii
8
Ac
1
18,804
8.310
89,146
8.346
2.79i
MobUe
11
BALTOIOBB.
ThlB Since Thia Since Thia Since
week. SepUl. week. 8opt.l. week. Septl
1
189,6J1
^9,m83
Plortda
8'th Carolina
erth Carolina.
Virginia
North'rn Porta
PHn^DBLT'U
BOCTOX.
1
BSOi'Ta raoM
at the other India ports
months
631
....
41,689
9,780
....
....
....
far are 167,000 bales less
Total this year
8,616
901,787
;
3,076 388,389
754
83,519
1,522 143,180
yet the shipments to
Total laat year.
7,615
886,915
!
7,948 3-W,208
805
59,607
484 117,950
We
do not know the
t' ey did last year.
explanation of this. So far as it is the result of a decreased
consumption, the same falling oS will be observable the next
100,000 bales less than
but if it has arisen in great part from stocking up
during the early half of the year, of course a greater draft
will come on the supply during the balance of the year.
However this may be, do not these facts suggest the possibility
that the India supply for the next few months has been under-
six
months
;
—
Shipping News. The exports of cotton from thfc United
States the past week, as per latest maU returns, have reached
So far as the Southern ports are concerned, these
26,061 bales.
are the same exports reported by telegraph, and published in
Thb Chboniclb, last Friday. With regard to New York, we
Include the manifests of all vessels cleared up to Wednesday
night of this week.
New York—To
estimated
—
BoMB.^Y Shipments. According to our cable despatch received
to-day, there have been 12,000 bales shipped from Bombay to
•Great Britain the past week and 6,000 bales to the Continent;
while the receipts at Bombay during this week have been 31,000
The movement since the Ist of January is as follows.
bales.
These are the figures of W. Nicol & Co., of Bombay, and are
brought down to Thursday, June 20:
Shipments
thia
Great Continent.
week
„
,
.
8hipmcnt.s since Jan.
Great
Total. Britain.
Continent.
4.00016,000 292,000 356,000
9,000 16,000 332,000 380.000
18761 1,0001 19.000l20,000 490,000 303,000
the foregoing
it
Receipts.
1.
This
Total.
1878il2,000
1S77J 7,000
From
would appear
Week.
I
648,000 31.000
712,000 15.000
793,000 20.000
that,
year, there has been an increase of
Bags, Bagging, &c.
goo
5,307
2,68!
Havre, per ahip Expounder, 3,914
per bark Relne da Uonde,
last
bales in the week's ship-
lbs., Ofc. for
2 lbs., and lOJc.
The improvement still continues and there is a
lOJ lbs.
firmer tone to the market, and, with the increasing demand, the
prospects are good for an advance before long.
At the close
for
holders are finn, and quoting 9|@104c., as to quality.
Butts have
not changed, and the market continues to rule steady in tone.
There have been sales to the extent of 1,200 bales, part from
at 2i@2|c. cash and time, and at the close the feeling
with holders quoting 2 ll-16c. cash and 2Jc. time.
is
New
Sxportsof Gotton(balea) from Neiv TorlcalDceSeot.la ISTf
PHiLADELPmA— To
WUR
Liverpool, per steamer City of Limerick,
May
June
Jane
29.
5.
12
Iilverpool
other Uritieb Porta
2,881
Total to Gt. Britain
2,681
June
19.
2,9n
2,:8o
&60
3,316
Havre
OtberFrenchporW
2,sei
2,917
300
Total
to
period
prev'ai
date.
year.
The particulars of these shipments, arranged in oar osnal form,
are as follows
Liverpool. Havre.
Bremen. Reval. Vera Cruz.
Total.
New Ycrk. ..
2.947
900
6.207
10,054
2,682
2,003
.
318,841
35,434
814,47J
854,075
5,6;,5
8,683
113
Total Frencb
Bremen and Hanover
8i
200
14)
ICO
Hamborg
Other porta
Total to N. Europe.
142
100
8,750
6,b88
6,267
19.518
l,9S8
16.539
14.049
S.S78
6,171
7,107
41,043
53,098
900
'502
1,415
11,653
2,0a3
'515
Boston
'.
Total.
515
1>'36
1,536
300
300
Philadelphia..
9,488
502
36,061
Below we give all news received to date of disasters
carrying cotton from United States ports, etc.:
to vessels
7,054
2,830
6,207
Marie Fbederice.
atr., (Nor., late Alraora), Dlesen, from New Orleana Jane
with 3,t)01 ba'es cotton. 2,000 bbls. rosin and 8,400 staves, for Liverpoo!, puc into Key West on the 17th, leaking badly, having st:ack in the
South West Pass.
7,
week have been
Cotton freights the past
•
Saturday, —(^'i
Monday..
Tuesdav.
— aJi
—©i
WedMaJ. —(^X
Thur'dy..
Friday...
—ai!<
—aJi
.
Sail.
d.
d.
15-64
15-64
15-64
15-64
15-8i
15-64
,
Sail.
c.
a
%
X
comp.
comp.
comp.
comp.
comp.
comp.
Liverpool, June 21
as follows:
— Havre. — — Bremen
Steam.
-Liverpool.
Steam
cp.
cp.
cp.
Ji cp.
34 cp.
P.
4.00
Steara.
— Estimated sales of the day
—
—
@;i
—@Ji
—<a%
—®'i
aJi
11-16 coroo.
11-16 comp.
>i
comp.
—
\ comp. —
—
a % comp. —
X X comp. —
comp.
!4
%
Ji
X comp. —
from LiverH
1-I8
—f(J>i
M.— Br
Steam.
'/i
comp.
11-16 comp.
11-16 comp.
11-16 comp.
1
.— Hambsrg-,
Sail,
c.
c.
,
Sail.
c.
c.
c.
U. cp.
—
.
C.vble
were 7,000 bales, of which 1,000
bales were for export and speculation.
Of to-day's sales 5,500
bales were American. The weekly movement is given as follows:
pool.
Maj- 31.
Sales of the week
bales.
Forwarth.'d
Sivle.-i Ainericaii
Of wliich exporters took
Of which speculators took.
Total stock
76,000
9,000
52,000
6,000
13,000
866,000
068,000
51,000
47,000
8,000
210,000
129,000
Of which American
Total import of the
week
Of which American
Of which American
June
June
7.
92,000
6,000
60,000
9,000
17,000
832,000
645,000
43,000
33,000
5,000
235,000
130,000
Saturd'y.
Mid. Upl'ds ...a65,6
Mid. Oil'ns. ...®6Jfl
14.
40.000
4,000
30,000
3,000
7,000
858,000
678,000
66,000
61.000
5,000
213,0001
90,000
The following table will show the daily closing prices
week:
Spot.
311.659
a,«13
800
.300
26,061
Amount afloat
Same
BIVDXRtt
gig
SgS....
Total
Actual export
XFOBTXI) TO
S0>
8,003
],586
New
The Expohts of Cotton from
York this week show a
increase, as compared with last week, the total reaching 10,054
bales, against 3,194 bales last week.
Below we give our usual
table showing the exports of cotton from
York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1877; and In the last column the total
for the same period of the previous year:
7,054
1,415
Siberia, 32
Baltimore
792,000
959,000
954,000
compared with
To Bremen, per bark Monark, 1,415
To Vera Cruz, per steamer City of New York, 502
NORFJLK— To Liverpool, per bark Weeer. 2,003
Baltimore —To Bremen, per steamer Berlin, fl5..
BostoN- To Liverpool, per steamers Illyrian, 679 ...Victoria,
since our last report, and there are sales reported of parcels to the
firm,
2,94T
1,331
To
Orleans.
N..rfolk
— Bagging has become more active
extent of 3,500 rolls at OJc. for If
-Store,
^^^
530
To Bremen, per steamer Donau, 900
To Keval, per str. Consolation, 3,140 ...per bark Marie, 3,067
New Orleans—To Liverpool, per steamers Cordova, 1,351
Orator,
New
Since
Jan. 1.
ments from Bombay to Europe, and that the total movement
since January 1 shows a denreaM in shipments of 04,000 bales,
compared with the corresponding period of 1877.
Gunny
Wyoming,
3,119
?
Brit'u.
^^^^^
atcamers Pascal, 889... Baltic, S9....
Norrox, 876 ...Bothnia, 481.. .
Liverpool, per
GermanlcSO
less
June 21
43,000
6,000
35,000
4,000
8,000
837,000
668,000
29,000
23,000
7,000
217,000
86,000
of cotton for the
Monday. Tuesday. Wedu'sdy Thursd'y Friday.
...»63i8
...®61Si8
...«6>4
...®6«a
...a)67ia
...a6J4
...®6'4
--.®6'i8 ...®07,g
Futures.
These sales are
othcr\Tise stated.
on the basis of Uplands, Low Middling clause, imlesa
Satubdat,
Dellmry.
Delivery.
d.
d.
6i532ai'a
6»i8®i'32 Oct.-Nov
6II32 June
Jun&Jiily
b^ia
6Ji8
July-Aug
June-July
63a
6II32
Aug.-Scpt.. .61»3.ja)7jg July-Aug
June
Delivery.
Ang.-Scpt
d.
%
.... 61 332®
Sept.-Oct
6IS3J
iihipmeni.
Nov.-Dec.,n.cp.a'1.6tl3a
MOSDAY,
Bpalo.OportoJtQibraltarAc
Allothcra
2,890
2,393
Total Spain, &c...
Grand Total
2,393
2.881
8.539
3.1M
10,054
3«3.693
780
8,010
889,501
Shipntentt.
Delitei^y.
Juno
July-Aug
S(n>t.-Oct
6*33
6^18
esa
67|6
June-July
6»3.j
Aug.-Sept
Oct.-Nov
Nov.-Dco
Jnly-Aug...
Aug.-S.'pt
Sept. Oct
..
—
6^8
6*18
Nov.-Dcc, n, orop,
6*ji
Nov.-Dec.,n.crop,
6lS^
eiSsi
sail
sail
6Bi«
65*
.
:
:
'
:
[Vol. XXVI.
Weather
checked business.
Futures:
Tdesday.
Dchtery.
July-Aug
6H
6H
6I4
Aug.-Sept
6»ie
Juno
.luno-July
more
Shipment.
Delivery.
Sept.-Oct
Nov .-Dec, n.orop,
6%
Oct -Nov....
6616
6»32
Nov.-Deo...
Sept.-Oct
6"32
Shipments.
Nov.-Dec. n. crop,
Delivery.
Delivery.
June
Sept.-Oct
6732
6732
6732
6832
6II32
June-July
63xg
June-July
July-Aug
Aug.-Sept
Aug.-Sept
6M
Sept.-Oct
65i8
6832
e^ie
Oct.-Nov
June
6732
Oct.-Nov., n. crop,
saU
63ie
Nov.-Dec. n. crop,
sail
63i8®732
,
Thdbsdat.
June
6II32
6^
6732
6732
June-July
6i4®732
July- Aug
Ang.-Sept
Shipment.
Delivery.
Sept.-Oct
July-Aug
Delivery.
Oct.-Nov., n. crop,
6732
sail
6B16
Oct.-Nov
6»33
Friday.
Shipjnents,
Oct.-Nov. ,n.cp.8'1.63i8
Nov.-Dec, n. crop,
saU
e^ig
Delivery.
Delivery.
Juno
July-Aug
6M
Aug.-Sept
63ia
63i8
63i8
June-July
Sept, Oct... 6il32®5,j
6I4
Oct.-Nov
—
H
BOROPBAN Cotton arsbts. In reterence to these markeie,
our correspondent in London, writing under the date of June
1878, states
—
,-same date
Good.
— Q.*Fine—.Mid.
1817.-
^-Grd.iMid^^Fr.&Q.Fr.-.
I6itf
Florida
14
110 ..lifi
and stocks are not large besides, some speculation has been
stimulated by the reports from the Berlin Conference. To-day,
there was a firm but quiet market.
Indian corn declined early in the week to 41@4lic. for steamer
mixed, and 43i@44c. for No. 2 do., spot and June and for July,
No. 3 at 46e., and for August at 47 Jo. but there has since been some
recovery No. 3 going at 45@45Jc., spot and June, 46i@46}c. for
July, and 48@48ic. for August. Yellow corn sold at 46@48c. for
Western and Southern, and white at 53@56c. Receipts at the
West have materially decreased. To-day, the market was dull
and scarcely so firm, but prices were without quotable decline.
Rye has been active, prime Western selling at 65@f)5ic., and
State and Canada 67@57ic., on the spot and (or future delivery;
,
;
evening, 40,000 bushels No. 2 Western, for the last half
also, last
Barley
market.
1714
15
54
18
20
IS)4
18
15
Mid.
G.M.
6X
6S
7
6
63<r
«»ii
7
6
6
67<
7
6K
7X
6 3-16
20
2.1
17
19
G.M.
Mld.P. Mid.
U- 16
«H
6 7-16
the commencement of
speculation and for export
Fair.
181i
16
Ord.
Q.O.
L.M.
Opland... .6?i
6 11- 16 6
Mobile. .. .5Ji
B 11- 16 6
Texas.... 5 7-16 64f
6 1-16
Orleans. . .5 7-16 5 12- 16 6 3-16
M.F.
8 V16
6 5-16
6?i
6«
«'-<
6'<
(i'<
TV
the year the transactions on
have been
:
ActaaJ
Hull Jb other exp'tfrom
ontports to date—,
U.K. in
Iiiv.,
,—Taken on spec, to this dat*->
1878.
1877.
1876.
1878.
1877.
bales.
bales.
bales,
bales.
American
63,430
i,9i0
Buyptian, &c. 11,550
W. India, &c. 1,100
B. India, &c. 9,440
95,f,60
81,280
67,633
Brazilian
13,820
S2.1C0
630
1,011
11,800
400
19,690
3,^93
45,079
no
26,410
selling to-day at 75^0. in bulk.
Oats have been active and buoyant, prices improving from day
The business
has been larjjely for export, with some speculation. To-day, the
market was easier, No. 2 graded closing
33ic for white.
The following
are cloeing quotations
No.
2
Superflne State
ern
&
^
1877.
bales.
bale&.
48,564
2,451
8.»S7
3,025
75,414
10.35.3
116.450
W.J30
22.410
13,3T0
27-i,9(i0
158,030
116,850
123,080
138,822
487,420
&c
Surmg Wheat
extras..."
do XX and XXX
do winter X and XX.
do Minnesota patents..
City shipping extras
fami y
(.ity trade and
Corn meal— We8tern,&c.
Corn mjal— Br'wine, &c.
Aiueiican.. bales
Brazilian
51,3.30
2,790
10,010
3,650
8,990
710
4,31)0
530
3,500
11.083
oqn
380
930
Egyptian
Smyrna
&
Greek
,
I
West, Indian.... l''^"
East Indian
3,510 J
1
4,330
Total
932,650
51,300
128,850
61,660
5,330
71,080
11,6S0
2,000
827.910 42,?20
140.190 2,550
122,6:0 6,903
38,730
6,060
6,J70
''^^
633
2M
22,890
131,3J0
15,530
210,9iO
i
6,520
4,020
56,310
9,C
American
bales
Brazilian
Egyptian
Smyrna and Greek
971
64
West Indian
East Indian
6,065
Total
42,793
1,844,019
2,006,236
831,933 1,109,160
387,550
BRE ADSTUFFS.
Fbibat. p. M,, Jane
The
depression in our flour
large lines of
From
Wheat.bns.
market, which
21, 1878.
prevailed
last
common
last
Cum.
"
Rye,
"
Barley, "
"
Oats,
03:^4 35
Corn— West'n mixed..
50^6
do steamsr grade.
Southern yellow.
Southern white
Rye— Western
2i@
6 00
(S
15®
4
25
6 25
8 00
5 25
80a
OJiJ
1
16®
1
46®
53®
62®
el*
28®
31®
77®
White
Barley— Canada West....
State, 2-rowed
State, 4 rowed
!i8®
12
16
26
45
43
18
55
65
67>f
32
37
87
65
75
OS®
40®
75®
...
market has been
as
Western feeding
Peas-Canada boad&rrce
2 8>
00
08
1
42)^®
State
2
1
1
10®
40®
.
Oafs— Mixed
3 13® 8
2 l.ia 2 51
97®
Oft®
90
•
,
Same
1878.
For the
week.
time
1877.
—
EXPORTS PROM NEW YORK.
NEW YORK.—
-^
Since
Jan. 1.
.
.
1677.
For the
week.
,
Since
Jan. 1
26,799
531,830
'l,«3
111,678
2(9,313 3,900,941
394,907 9,7Tt,701
16,971
555.740
98,611
4i6,000
7ii,337
2,150
Inclndlng malt
RECEIPTS AT LAKE AND RIVER POHTS FOR THE WEEK ENDING
JUNE i-5, 1878, FUO.M DEC. 31 TO JUNE 15, AND FR31t
AUGUST 1 TO JUNE 15.
Flonr,
Wheat,
bbls.
(190 lbs.)
21,818
(60 lbs.)
•31,601
.
9ii2
.
5.316
2,203
15.207
1.9J5
8,000
bash.
172.281
2 10,033
35,S61
103,081
12,803
Corn,
bu'h.
Oats,
bush.
Barley,
bush.
Rye,
bush.
(56 lb'.)
1,034 527
(32 lbs.)
(48 lbs.)
(£6 lbs.)
197.3-0
22,030
13,9;6
I),5i3
7,545
23,'i40
2^960
477
4,500
10.800
323,438
6,010
30,001
9,8)1
72,5167
109,475
24,750
499
5,720
651,497 l,t8?,433
Total
90,:) 20
6^0,672 2,315,664
Previous week
211,481 l,.3r«,051
53,642
Corresp'Dg week,'77.
Co/resp'ng week,'76. 142,564 2,063,012 2,87^,536
Tot.Dec,31 to Junet5.,2,663,713 27.2i7,60i 41,216.322
350,214
479.206
30,262
16,219
4:i5,183
3T,8,33
921,311
46,958
Sametlme
Same tima
Same lime
1877
1876
18*5
Tot.Aug.l to.rnel5.
*
1,858,'I85
K9,15S
400
7,824
103,
5,938
12.230
H3
report,
extras for shipment to Great Britain.
4
4
4
1
53 923 1,177,976
64,586 1,373,031 1,227,711
.<)1,239
93,2a9
2,833
123,0S1
5,02!
76ti,399 81,01-;,749
716 40122,103,959 1,912,0!3
1,(93,747 15,582,700 10,251.971 l,069,t.40 U,3r.';,459
38r,4i2
7I,«4 l,I01,ti55
49,13j 1,9>3.B»1
5,813 1,4:7,706
*31,59I •2.3')0,719 •1,686,230
193,036
936,410
360,893 4,9 8,143 4,0i2,4l4
was continued without Same time 1877
Same time 1876
$4@$4 10 as a range of prices was accepted for Same time 1875
week, and noted in our
relief, until
O.meal. "
C.eveland*
St. Louis
Peoria
Duluth
834
White
Since
Jan. 1.
for the
week.
To'erto
Detroit
2,i)73
10®
1878.
,
Chicago
Milwaukee.
32,311
4
3 85
4 25
in breadstufiTs at this
.-RECEIPTS AT
AT—
This
week.
SO^
follows
Flour, bbls.
BAUIS, KTO., or ALL DBSOBIPTIONS.
Sales this week.
Total
Same Average
,
Ex- Speculathis
period weekly aalet-.
Trade. port
tion. Total.
year.
1877.
1878.
1877.
3
M
Ry-j flour, anperflno
sales and imports of
the stocks on hand on
evening last, compared with the corresponding period
of last year
2 90
brands
5 50® 6 25
Southern bakers' and fa5 CO® 6 50
mily brands
...
Southern ehipp'e extras. 4 40® 4 85
The following statement shows the
cotton for the week and year, and also
Thursday
:
.
23®
bbl. $2
West-
Extra Stite,
Western
mixed and
at 31c. for
Grain.
Wheat-I^o.3spring,bueh $
No. 2 spring
1
No. 1 spring
1
Red Winter
1
Flour.
The movement
87,440
a firm
quite nominal, and Canada peas are lower,
is
.
,—Actual ezp.rrom
ToUl
demand and
To-day, there was a fair
of iugUBt, at 63c.
to day, until a material advance has been established.
Liverpool, June 7. The following are ihe current prices of
American cotton compared with those of last year
Bea Islacd ..15
are rather
;
,
sail
Jime-July.. .G^igSTgj
West
reports from the
favorable, but receipts hive become comparatively small
;
6'4
sail
WEDNE8DAT.
l!!ince
.
.
THE CHRONICLE.
632
8,
:
40,593
89,242
16.218
83,0:6
W4
2,7tO,(i99 1,802,418
11,316,
3,0.'9,0'7 2,579,600
85S,777
7,470,1)72 32,139,491
2,426,438 20,286,212 3.3.1:31, i4l 10,.M2,060 2,8ffl.'.69
2,283,874 18,223,230 a0,2>3,9S5 9,6:0,746 2,792,711
7h5,816
682,730
5.433.10; 70,712,849 7n,335,938 2,3,7i8,HI 9,2I9,,"59 3,7;9,2S5
8. tie, 150 2.716326
4,5n,C-! 36,S63,0.7 71,939,395 19,074,S27
4.8:32,319 63.128,'43 .=.3,6)0,213 a.5,-.'41,6'l2 7,.",2o,i67
1,<: 85,656
4,7i2,575 65,862,401 39,860,690 20,723,776 5,411,911 l,t6"^519
Estimated.
was slight recovery on Wednesday,
with a sale at f 4 20, but it wag not fully sustained on Thursday. RECEIPTS OE FLOUR AND GRAIN AT SEABO.VRD PORTS FOR THE
WEEK ENDED JUNE 15, 1878, AND PROM DEC. 31 TO JUNE 15.
There was a pressure to sell the low grades, owing to the d:inger
Oats,
Birley,
Wheat,
Corn,
Rye,
Flour,
of their souring from the warmer weather.
Straight brands and
bush.
bush.
bnsb.
bn^h.
bush.
bbls.
At—
1,4«I,S02
36.',643
80,100
94,263
641,700
patents were less depressed.
72,229
Rye flour and corn meal were New York.
136,1 03
52,6t0
96,485
11,100
1,600
18,391
Boston
without esBeotial change. To-day, the market was steady, and Portland...
5,500
1,200
1,210
2,500
the
these figures there
medium grades
Montreal
fairly active.
Philadelphia
14,028
11,736
There was some further decline in wheat, leading to more Baltimore.
14,074
10,871
Orleans
activity on the spot and for early arrival, including No. 3 spring New
at»97@98o. No. 3 do. at
05@1 06 No. 1 do., |1 08@1 10 No.
143,827
Total
157,085
8 red winter, $1@1 03 No. 3 do., $1 10@1 11 No. 1 do., $1 12® Previonsweek
96,952
Corresp'ng week,'77.
1 13, and No. 1 to choice white, $1 32@1 36, with No. 3 spring
Tot.D6c.31 to J'ne 15 3,8.37,769
3,059,,-,97
for July delivery at |1 OSiOl 04, and No. 3 red winter for July Same time 1877
4,091,397
Same time 1876
at |l 10.
There was, subsequently, some recovery, which Same time li!76
4,12J,2Jt
H
;
;
;
;
;
300,219
106,000
96.003
2,340
1,102,259
1,204,:«2
291,023
32.331,873
3,947,910
18,23 1..163
14,697,108
82(1,143
613 200
4i3,400
155,221
9,799
26,900
18,000
51,740
3.16.'i,866
666,709
3,821.478
1,021.S39
732.5-20
54,331,.572
38,0*7,541
33,026,212
24,333,811
254,747
ll',934
1,000
53.634
47,r03
81,037
96,868
93,393
5,632
837 2.366.787 2,171,523
588,351
1.609.331
629,838
9,333 314 1,898,^24
117,«?9
331,331
7,516,318
8,7.^6
7.1.50.0
>l
I
THE CHRONICLE
22. 1878.J
EXrOUTB FROU UNITED STATES SEABOAHD PORTS AND FROM
MONTREAL FOR WEEK ENDED JUNE 15, 1878.
Wheat,
Flonr,
FuoM—
New York
Boston
Montreal
Philadelphia
Baltimore
To
al for
week..
Previous week
Twoweeksago
Three weeks ago....
Corn,
bush.
bush.
bbi8.
Portlatid
Rj'e,
Pe«»,
bash.
bu»h.
bash
133 888
10,«5»
130,571
l«,18i
19,550
....
....
181,801
....
5,788
0«t!,
Bl,S-.6
717,«iil
8,4i6
55
10,093
8,681
I,ni6
»7,481
l5J,5t.8
121.587
150.b7»
155,189
155,:nj
65S,t!5
4t.7,901
480
69 627
1,188,92)
a,2a.'i,Sii3
9S,14S
61,090
92,-«2
l,(i8I,691
l,ii»4.488
2,S74,<94
2.201.173
2211,505
lfi2,|-4
1,801.763
3,53^878
8.'<9,0I1
—
....
....
Hl,973
90,364
68,2.5
185,511
8S.4W
From Philadelphia— 1,015 bash. bar:oy. From New York— 5,482 ba;h. barFrom New Orleans- S15 bbls. Hoar, 28,733 bush, wheat, 65,670 bush,
corn.
The VisinLE Supply of Grain,
comprising the stocks in
principal points of accumulation at lake and
seaboard ports, and in transit by lake, canal and rail, June 15,
18T8, was as follows
Corn,
Oati",
Barley,
Hye,
Wheat,
tlie
:
In Stobb
at—
NcwYork
Albany
Buffalo
Chicatio
Milwaukee..
Duluih
Toledo
Detroit
bath.
bash.
1,650,499
800
91(,9I7
SH.OOO
48,70
28',00l)
487.931
255,449
*),493
1^6,000
828.S8!
69,431
707,041
49,S00
e.'OJ
103.S95
18,452
200,490
40,500
14.700
238 044
3)5,847
11.1,927
77,0:6
373,724
807.203
219,t9J
1,042
6,520
Philadelphia
Peoria
Indi napolis
109,627
34»,t)28
83',4'>2
809,943
1,702,614
1,165,000
2!t,577
Ulty..
Baltimore.
Rcil shipmonu, week
Lake stalpmentD, week
On canal
1,181,000
Total
1878
8,
....
228,880
692,444
85,.li
54,'91
171,993
907,702
June 1,1878
6,763
51,0r0
17,765
6,991
1,284
70.:i62
69,734
20,509
34,710
1,029
57,2R3
29,637
discontinued their sales for the season.
We annex
prices of a few articles of domestic dry goods-
Bleacbed Sheetlne" and Sblrtlns*.
8,676
401
....
....
2,7 ;0
...
168,793
244,009
308,100
460
8,948
681
S1,Ik52
18,0tj0
59,000
40,.582
8,707,025
10,357,648
2,003,693
1,'^4I,78«
41«,'J42
2,-;0S,a07
10.398,83
7,5 7,.564
1,103.514
1,203,953
1,580,042
521,217
5-6,0 3
507,728
573.439
8,li4\M?
May
4.1878
8,.394,883
9,.533,t<i2
April
27, 1878
16,
7,9il,483
4,0i4.5»l
9,7o8,.866
June
10,775,026
1,309,55:1
600,45.3
l,(69,!t30
1,394,488
1,462,506
1,675,855
5t)9,»5i
2,411,833
635,i'73
638,709
559,969
do
do
36
8
&H
..Z 33
..43
do
46
..
6-4
do
.10-4
do
Audroscog'n L.36
do
AA 36
...8-4
do
....9-4
do
...10-4
do
A
86
6-4
Allendale
do
do
do
d>
do
.7-4
8-4
9-4
....10-4
....11-4
Amazon
Ballardva'e... 36
Bellows Palls 36
Barker's .vt ills. 36
BartlettsA... 36
36
do
Ballon
Son.. 86
10
11
&
do
Bay Mills
....
THE DRY GO IDS T iADE
30
an
7
15
17
P.
M. Jane
21
,
18:8.
an
80
9
ioji
7«
9
Business has continued light during the past week with the
package houses, and the usual midsummer dulness pervaded the
jobbing trade. Tuere was a moderate movement in heavy woolens from agents' hands, but the demand^was much less spirited
than expected, and staple and fancy cotton fabrics were taken in
strict accordance with actual requirements, as is usually the case
at this period of the season, when jobbers are on the eve of stocktaking and closing up the business of the half-year. The Comm'ssioners of Indian Affairs have opened bids for Indian supplies
for the fiscal year, and some descriptions of dry goods, such &b
printed calico, &a., have been offered to
The suspension
prices.
them
of Messrs. Rodger,
at
remarkably low
Wardrobe &
Co.,
Importers of dry goods, was announced in the trade, but the
amount of their liabilities has not been ascertained.
Domestic Cotton Goods. The exports of domestics from
thL? port daring the week ending June 18 were 1,765 packages,
—
the principal quantities of which were shipped to the following
mirkets: Great Britain, 743 packages; U. S. of Colombia, 357;
Venezuela, 146; Hiyti,143; Argentine Republic, 121; British West
Indies 59; British North American Colonies, 55; Cuba, 41; Mexico,
The market was fairly steady, and the best corporation
31, &c.
brown
ticks, denims and grain bags
Bleached Cottons continue in excessive
supply, and prices are so unsatisfactory that a movement having
in view the curtailment of production is meeting with some
success. Print c'oths were very dull on the basis of 3 7-16c., less
1 per cent cash, tor 61x643, and 3c., less 1 per cent cash, for
66x60s. Prints remained quiet, and ginghams were only in
moderate request, while cotton dress goods were exceptionally
dull; bat there was a fair demand for light printed fabrics, such
as lawns, organdies and corded jaconets.
Domestic Woolen Goods. There was an irregular and on
the whole anfatisfactory demand for woolen goods. Worsted
coatings and cheviots were taken in moderate lots to a fair aggregate by the clothing trade, but fancy cassimeres continued sluggish, and price concessions were in some cases offered in order to
Bough-faced and fancy overcoatings
accelerate their movement.
Trere moderately active in a few of the most popular makes, but
all-wool and cotton warp beavers dragged heavily, and cloths and
makes
were
of
cottons, ducks,
relatively firm.
—
doeiAins ruled quiet.
Kentucky jeana were a
trifle
more
active,
do
Dwight
5X
38
9
7>i
5'^
6
7
6X
1%
36
7X
17
19)^
21X
6
6>i
7
9)i
10V4
4
6/,
7>i
10
10-4
Peabody
do
9-4
Fruit of
the
Loom
American
12i4
14
17
IIX
ua
9-10
Amoskeag
fancy
Bates Cheviot.,
Belm'nt Chev't
Clarendon do
Creeflmoor do
Cherwell
do
33
Century
do
do
do
do
do
do
do
do
do
.
12
8H
Winona
36
White Rock.. 36
4-1
Waltham
13
11
8
7X
UH
8
liX
9
"fiii
si"
26
7"
IIX
an
25
37>^
13!^
14
15
20
22>i
35
13
16
18X
3:
37
8>i
Hamilcon
li;<
13X
Lew'nAA.Chey.
do
A ...
Massabesic
Denlmit
1W, Carlton
Amoskeag
Everett
16
Lcwiston
30
13X
Otis
9
sat.
iH
Clarendon
Hallowell Imp.
do
15
8
6}4
Androscog'n
Canoe River
iii
8
brown
>•*.
AXA
Amoskeag
Atlantic
Casco
Lewiston
Franklinville..
lloutaop
nn
BB
doCC
do
lOH
Pearl River..
16
,
00
00
00
60
00
00
..i.
ibji
le
18
22V4
35
82X
IIH
nx
11
19
31
.
W'msuttatwl
33
do
OXX. 36
doAAex.fln 36
docambrle. 36
do dbl warp ..
do
K .. 9-3
5-4
do
j;
do
SJ.. 5-4
do
do ..6-4
do
do ..8-4
do ..9-1
do
do
do .10-4
do
do .11-4
do twilled.. 45
do do
..81
do do
..90
do do
.. 9
do LS
90
WanreganlMs 38
do water tw.36
No.
1154
14
u%
16
16
IC
30
37
30
32X
31H
II
36
WhitinsvUle.. 36
do
33
io"
Wessac'mc'n.B36
do
O 33
6X
do
1 ...
8
7
do
H 31
do
36
Warren AA.. 36
do
B ... 36
DW
13
lOX
8
WiUiamsvllle 36
lOX
OlisBB
,1^
do
9
do brwn&bUt
LaconU
9X
iH
Manchester.
8
20 00
33 00
Granger
OnUrloA
B.
do
do C
PowbattanA.,
do
4o
B..
0..
37
S3
31
35
50
50
00
no
WOO
11>4
do
B....
10
UncasvUle A...
X-9X
do
UCA. 10-11
Whittenton AA
10
do
B...
do fancy XX
Thomdike A..
Uncasv'e CCA.
York
Warren AXA..
do BB...
lOK
123*
16
18X
nn
do CC. ..
Gold Medal...
....
sat..
Newmarket
sat
Kearsarze, sat...
WX
Park Mills Ch't.
ThorndikeA....
Corset JTeana.
Ind. Orch. Imp..
IH Nanmkeag
BaK*>
19
19
19
33
SO
20
do hf bl.4 4
do
....8-4
do
....9-4
10-4
do
Haymaker
Palmer
Hamiltca
American
6X
11
Strlpca.
Century
V.H
15
16
6-4
8-4
9-4
10-4
do heavy.. 100
do Nonp.. 86
11
5-4
6-4
7-4
...8-4
9-1
do
do
do
do
lOJi
lOH
Imiil.. 36
14.K
16
Everett Cheviot
Everett heavy..
12
33
36
30
30
8
14
AM.
do
Boston
Beaver Cr.AA.
BB.
do
CO.
do
Colnmb'n h'ybro
do XXX bra
....
L
W
StarW
86
7X TuscaroraXX 36
35
9« Utlca
do ex hvy..
9X
5-4
do
8X
IIX Cordis awning
IIW Columbian
Amoskeag
do
do
6
8
86
36
S3
6-4
7-4
8-4
9-4
10-4
11-4
Peoperell
do
8«
8X Pequot
36
do
.. S3
..43
00
..5-4
do
..6-4
do
do
100s 36
do camb'c ..
9Ji
6H
L
do
7K
18
6
86
Seaside
36
Standard. ... 85
do
33
SlaterviUe.... 86
Social
.
.
7
do 10-4
io"
do
8^
9-4
do
do
.... 10-4
NewmarketXX.36
do
H. 3b
36
N. Y. Mills.
...8-4
do
...9-4
do
..10-4
do
Pacific
imp
Sufifolk
.
8
do
8>f
6>4
DW.
11
ll>i
13
24
27
6
7K
35
83
8>*
.30
do
.... 38
Reynolds AA. 86
6X
as
PP.
Pride of Weit 36
Red Bank.... 36
6
36
39
Ind. Orch. ... 36
do
36
King Phillip 36
do camb. 36
Knight cambr 86
8-4
Laconia
9-1
do
10-4
do
Langdon, 76
33
do
do .. 36
do
42
do
46
do
GB.. 36
Lily of Valley 36
Lliiwood
86
Lyman camb.. 36
Lonsdale
86
do cambric 86
Masonville.. . 36
Maxwell
36
Methnen
27
Merchants ... 80
Nashua B... 86
40
Ellerton
do
86
HallowellQ
Hill's S. Idem .33
do
36
42
do
do Stars. 35
do
AA 36
do Anchor 30
do Star.. 42
do
do .. 45
I)...
Pocasset Can' 36
do
F. 86
.
'ox
10-4
tI-1
do
Howe
.33
45
45
7-1
8-4
do
9-4
do
Chestnut Hill. 36
Crescent.
36
7-8
Cabot
4-4
do
9-8
do
5-4
do
27
Canoe
Chapman X.. 36
86
Conway
Davol
36
5-1
do
Peqnot.
Hope
Blackst'neAA 86
iSoott R.
82
do G..
do S3
Boston.
Green G
Gold Medal.
do
Q.-'t Falls Q.
do
8.
do
M.
do
A.
Width. Price.
I
86
36
Forestdale ... 36
.
Gilded Age.
SO
iZ
.
Friday,
Fearless...
Fitchville
Gem of the Spindle
36
Greenville ei. 83
9
18
XX
do E..
do 3..
do S...
do w..
do X
* Estimated.
Width. Price.
Width. Price.
Amoskeag A.
Anbnrn
76
33,352
435
Mayll.1878
1877
4li,000
6,1:66
S7,l!i3
6,254,490
6,315,973
6.975,914
7,519,665
and some descriptions of millinery
goods were offered at a considerable reduction from quotations
Tha auction rooms presented no
current a short time ago.
important oGTeriags. and some of the leading auctioneers have
tained, but fancy dress gioda,
12:,450
1,865
21,000
8.982,2)4
8.2;5,7I2
9,008.502
1873
1818
mixtures remained quiet. Tliere has as yet been little inquiry
for flannels, except by the ahirt trade, and repellents were almost
Worsted dress goods were in light demand, and
neglected.
shawls continued dull.
Foreign Goods. The demand for foreign goods was almost
wholly conSned to such sma'l lots as were found necessary for
the renewal of assortments, and sales were light in the aggre*
Values of the most staple fabrics were steadily maingate.
.
lOI.OOJ
32,146
12,000
2,137,856
2,811, f49
2,157,643
1.087,164
2,063,30!
May 25,
May 18,
but selections were mostly restricted to the best makes of heavy
Printed satinets were in fair request, bat biackc and
doeskins.
bush.
...
....
70.000
...
St.Louis
Boston
Toronto
Montreal
June
bush.
88,S-.0
Oswego*
Kansas
bush.
874,010
5,046
82i,00J
£81.831
86J,703
633
—
146 636
201,474
62,852
72,884
iaii,359
ley.
granary at
J.
.
.
JUME
, .
Fepperell, biea..
sat...
do
Rockport.
Soflolk....
PhilaA
do B
do C
«4 oe
S750
StarkA
do
do
O 8 bush
%)i
buh
3J 60
33 50
83 00
tf
—
— ——
.
.
O
.
THE (CHRONICLE.
634
ImportatloikB of Dry t«ooil».
of
:
BNTKBBD rOB OONgDHFTIOH FOB THB WBBK MDINe JUKE
187ri
,
—
Hanaf actnree of wool
cotton
do
silk
do
flax
do
.
PkeB
1877
,
Pksm.
QO, IB'8.
1878
,
,
Valne.
PkuB
Valne.
174,275
138,468
$504, !40
J73.?6«
«8
#71,758
435
6-7
13^1,381
186
121,895
158,6(5
70,S88
60,607
531
134
419,615
64,513
13,^09
203
641
ei3
600
140
1,175
$478,355
1,953
J752,933
1,700
83
474
277
]
.
3%
MlBcellaneoQS dry goods.
Total..-
,
Valne.
. . .
!58
161
$64,663
(<9
43,704
128
53
158
do
eUk
41
40,49!)
do
flax
321
145
5',?6r
21,480
1,421
716
}2J0,562
476,355
1,853
1,953
Hiscellalieoae dr; goods
Total
Add ent'd f or consampt'n
1,175
157
57
50
114
$44,899
40.278
38.368
29,157
21,0J4
fl73,7J4
752,9,13
'>!*
The tollowing
)D'?»C--«-T--^,
g
t_ 55 »n 3: t-
76,743
34,515
$698,917
2,191
3,836
$926,657
5^"t
rr^ O
*>,"^'
.
N 00 00 K5 '^,—* M'C.i-WaCH-'O' mOtOCS^-ODGS
U7 t— »•
8»-iv<o;o-^e»Q^aseo^t-ic"^^o
._
OOi TTO-. a3T«
•67,011
15,338
9,915
3,293
1,700
$185,983
504,340
M
~'
34.4J-1
28,030
41.157
4,993
.
—'^03«tot-eO(^S5'Ceo«>M««oo»oof-acO'5*30Xf-TO
.^ '^X) -^ i*_»— <Di»
•-"
$690,3i2
OM
— OoOirtt- xieowaiCTjw ^® 00 c-
""J.^
OS
cr;
.*-(W0S^t-Q0e*t-O«03''
GQG4 CO
r^
Total thrown nponm'k't.
____
O(MC0i-i
_-
D ^
^
-.^•0000:0 — a53iOi5i'V'-H-»>5COOt-OOTJ'M«5
?'?«NO"*Xi«»^'W^X'«OT*""OOt)(5«eO'S*MI-« o
© TO I- M -v O
180,33!)
ITm>BAWH FROM WARBHOOeB AND THUUWN IHTO TBB MABKBT DUBINO THB
BAHB PERIOD.
ICanofactaree of wool
cotton..
ao
Leading A^rticles I'rotu Neiv York*
table, compiled trom Custom House returnr,
shows the exports of leading articles from the portof New York
to all the principal foreign countries since Jan. 1, 1878, the
totals for the last week, and also the totals since Jao. 1,1878
and 1877. The last two lines show total values^ including the
value of all other articles besides those mentioned in the table.
Kxportft
dry goods at this port tor the week eodio^
June 20, 1878, and for the corresponding weeks of 1877 and
1876, have been as follows
The importations
XXVL
[Vol.
^
•
00
toQO
CO
BNTCBED FOB WABXHOasINS DnBINS SAHB PBBIOD.
Hanafactaresot wool....
248
$116.4:8
cotton..
153
71
34,803
46,372
-39,310
15 736
do
do
do
Bilk
flax
181
MlscellaneoiiBdr; goods.
iSi
1,116
Total...
ent'd f or conBnmpfii 1,475
Md
ToUl entered
at the port. 3,591
143
132
45
261
18
602
$54,976
37,753
34,162
174
111
41,686
6,087
103
24
54
466
$70,111
40.641
31,250
21.225
6,169
$251,079
478,355
1.953
$173,695
762,938
1,700
$173,396
504,310
$729,434
3,555
$9J6,6S8
2,16'j
$6:
CO O
OD C
*
1^ rr
MEXICO
W«V
t- *00 CO
if5r -I- :*
( - I- ;0 !D iO
-.£
•rfT
a;
itOtO'VCOtraOiQO
)
O—
a*.
CD
t-
•05
QO
•
.
"?CjO
lo CI §3 ^ IO CN
CQO
M T e*
-
--«
1—
•iNoa
36
ImportB of LeadInK Artlclea.
The following
table,
compiled from Custom House returns,
•hows the foreign imports
January
1,
of leadintr articles at this port since
m?
1- Bfr:
1878 and for the same period in 1877:
[The quantity
Is
given In pucsages when not otherwise specified.]
o
no
8
:s
8l:
S3
:SS
:s
:
"
w«
oo*o£
CO QO
cot-
Same
Since
Jan. 1,'76 time 1877
China, Glass and
Earthenware.
.
QlasB
17,752
9.491
2,797
4,340
34,457
Glass plat^
Battens
Ooal, tons
Oocoa bags
10,7J->
Ooffee, bags
759,594
2,214
Ootton, bales
Drags, AcBark, PernTiac.
Blea. powders...
Cochineal
Cream Tartar...
Gambler
Qnm, Arabic...
Indigo
Uadder & Ext.of
Oil, Olive
5.976
1,677
3,913
1,607
31,299
22',7i8
....
423
25.643
32,175
;3,".c
1.801
2,79.'
Fars
cloth
tSb
bales
108,041
Banny
?,f'61
Hair
Hemp,
Hides,
2,031
3,630
2,141
2i.2i6
743
25,451
2,147
2,679
4,380
631,831
462,733
5,785,601
64,90j
60,537
432,277
23,609
451 853
4,443,217
83,699
364,878
301,181
1,030,421
1,513,211
432,178
38,046
266
443,4-5
28,470
value ^
goods
Oranges
Nuts
:,357
^oods
Cork
37,053
C^C
o*
coco
Si-liWmcCCOT»— OiO
'^
•vxi'X)
t^OO
'Ojo 0000*; JSrSiG^;
C4COCOC*U0
t
561,972
29,261
516,773
306,970
991,430
431,733
359,996
314,973
89,983
100,038
30,436
193,995
92,229
230.393
Fustic
19.S.32
Logwood
Mahogany
11
M _!
Or-t
fM«5i
?S||lg
$
5, 181,571
Ginger
Pepper
205
189.338
53,960
rr
378,328
36,404
•
•
|» CD
»«»
39.426
57,331
18,417
687,898
23.609
319,191
162,293
l,a28,.31
Haisins
Hides, undressed
Hlce
682 SpiceSj Ac.
2,916
Cassia
266
^ ^ * * •— com
T-tmcDi
Si
•
;g
:
:
If
tii
oo
CO '' ^•
o*
o:
W
S13,8«
152,608
Ac-
Lemons
1,145
168,3ti8
5^ ^T ^0'-'
•(?
.001 aoeof-^'-'
411
40,487
65,912
14,818
Saltpetre
Watches
.3S t-
Articles reported by
S9,6GK
456
•
^
••OOO-'^fl^ooe^eOl-
d? «
•
Wines
FrultB,
'
no 00
Wool, bales
8,783
1,310
80,659
Ac-
Linseed
Molasses
399
Wines, Ac—
ChampagDe,bkt^.
2,H7
780
Bristles
1,665
283
2(1,13:
A
Tea
Tobacco
Waste
18,625 Cigars
476 Corks
10.789 Fancy
32,6S» Fish
Ac-
Hides, dressed..
India rubber
Ivory
Jewelry,
Jewelry
1,931
&
4,136
11,413
1,019
Soda, bi-carb....
Soda, sal
Soda ash
Flax
Opiam
Hardwaie
6.543
Lead, pigs
17,075
Spelter, TbB
188.273
8,eis
Steel
Tin, boxes
4,086
Tin slabs, lbs...
3,0S1
17.422 Paper Stock
11,848 Sugar, hhds, tcs.
1,002,77S
bbls
:,4J9 Sugar, bxs
bags.
16,915
13,912
1,019
«
H^
Ac—
Cutlery
5,-»8
lC0,5',e
Qlaesware
Jan.1,'78 time 1877
HetalB,
Barthenware—
Uhlna
Same
Since
as:::.:
t61,.'j78
6,06«,228
140,343
2 Oi-
<i-<
49,213
61,212
Its. .579
278,838
•
:S
ec
•
•
•s<
.
to
*f3
CD CD
m
:SS
I!
&
OD
207,891
17,379
218,846
21,376
•
OC»
CD —
'
cC
V
:S
:
:
.<-.
:
Receipts or Uomeatlc Produce.
The
receipts of domestic produce since January
for the
same period
of 1877,
Same
Since
Flour
2,212
bbls.
1,S:8.031
bush.
22,103,(159
Pitch
3,868
1,527,741
1.942,031
" 16,532,700 10,254.974
4,918,748 4,032,414
Oats ... . . "
"
1,701,056
627.493
Rye
2,360,719 ],6b6,C80
Barley* malt"
119,260
74,021
Grass seed...bags
87,916
bbls.
48,296
Beans
Wheat
Com
Peas
bueh.
Corn meal.
.bbls.
bales.
Cotton
Hemp
Hides
Hides
Hops
"
No.
bales.
bales.
sides.
Leather
Molafses
hhde.
Molasses
bbls.
Naval Stores
Crude turp..bbls.
Spirits lurp
'*
EcBln
•"T ...
"
"
435,309
91,289
455,617
2.087
91,628
69,201
45,601
l,9jl,426
Oil cake....
0:1, lard... ..hh?^:
Peanuts
..bags.
S3ri,609
Provisions
Butter.... pkgs.
Cheese.
•
.
361 Tallow
C7,052
,
Tobacco.
.pkfs.
169,000
11.722
29,632
Whiskey
Wool
40,681
Dressed hogs
1.2S8,;
1
13.f«.^
..
7,26?
38,726
468,812
742,25)
639,450
237.910
154,925
80.642
434,643
19,162
1.3,685
197.266
11,539
474
11,253
41.302
70,.374
..
hTf)bncco.... .bhde
1,7.3B
29,iJol
"O
O t- t-
•->
„
829
107,66J Starch
•'
72,040 •Stetirine....
31,087 Sunar
..bbls.
1,931,66' Sugar
.hhds.
18
O
t-
..bbls.
Cutmeats ,, *•
**
.
Eggs
"
Pork ....
"
l57,roo
Beef
"
120,079
Lard
836,979
Lard
.kegs.
2,.-.91
Rice
pkgs.
108,318
and
1878,
Since
Same
Jan. 1,'78 time 1877
Jan. 1,'78 time 1877
pkgs.
Ashes
BreadstuSs—
1,
have been as follows:
.bbls.
bales.
. .
No.
2,053
140,945
8,813
63,393
498,531
481,933
443,515
S93,764
95,?95
32,432
195,817
;-=>
•
.
.
*c
:ls2 :S|
a4
s' 5
u :;
1-H
o — t^ o
'
C* CO
—.CT^ CCOO
1*— onoo
o CO —
-^
V CD O
^ o
•
CO «; 3)
;
grJ
«-!
•«*
CT-O
s-ssm^
t-
" «13> O
»-i
to
et
Or^
«^
*^
<?•
C5
-iS
'V
'*
:2SSSKli
'
*
c^
£*"'
3
>«
ccS
*=S SS
(
19,,378
0D»-
8,684
9.973
608
11,953
33.826
92,247
.30,4(8
81,574
26.143
59,048
OS
crc«
,»ft-«.t-5'.«*^jG^(Mo«/rs.-r-i;g6'»r
21,261
92,51)8
oo
.— -^
rs
«^
li
.'.3,355
31,607
19,807
a «(» •«eot-9p(3
L- -.o OS Q
S •— S
«
LI «• OS T*
:«
:*1
:
B
o a
•? is
»
o o
Si5^ (a«ooDH S g S o S c5Mr<r-=Pa!J
«ooooS5(5
eo
gn««"'^;H?c
-a
*
.
June
THE CHRONICLE
33, 1878.J
UENKKAL
OUNNIKS.— See
V
ft
lilytr
sMnp'nr
IX
4.V»
Kussia, clean
"•>,"
2 ro
; uo
23 OU
bbl.
yu
C'«m<!n<— ItiseuuHie
Zi('n«— State, common
tta'e, llDls>ilDit
1^
i,«m6«r-pine.K'(lto ex.dry
PiDe.shl.->pl.iK box
do tally boardi.com.to
Oak
V bbl.
» M U. 40
IS 30
25
cn.Aach,
V
Aib.good
75
to
UO
M.lt. SI OO
33 00
.
Black valDUt
73 00
4pruce boards A planks, each
23
Hemlock boards, eacb
15
Maple
fiM.n. aooo
*j<rt—:oawd.cfm.fen.* >h.*i keg ...
Clinch, IH to 3 ln.« longer
4 25
»
a ....
• •..
• ....
• 37 00
a 21 00
a :s
a 40 00
• 3« 00
aid 00
a 27
a 17
a 35 OU
«
a
V b
6
».
100
70
I
I
19
19
17
12
Stale f actory, prime to choice... .V lb
Western factory.g'a to cho:ce.. "
PoDn.
Sched.
Matamoras.
Auction.
May
Newbnrir.*
8t'mb..(3
Bgg
.... 3
"
50
29.
t» iii\
t3 60
W
®3
3 55
S7S
6U
i 75
3 25
cents per ton
10
4
3 50
Port
John-t'n.
t3 10
ord. car. 60 and 9C days .gld.v
do
gold.
do
gold.
do
gold.
gold.
Native Ueylon
gold.
Mexican
gold.
^
Jamaica
gold.
Maracalbo
gold.
4
Lagnayra
gold.
gold.
gold.
,
CoetaRlca
16
20
15
19
nev (overU
a
15X
15X
23
;8
»
'•>H
16
17
16
17
'
17
V B.
....a
ob;
...
cnr
2 21
V n. gold.
••
8
••
Araenlc, powdered
Ul carb. soda, Newcastle. V lOU Si
Blchro. potash
Vtt cur.
refined
Cutoroll.E.I.lnbond. VKaL.gold.
Clastic soda
f> 100 lb
"
"
Cnlorate potash
Cochineal, HondurdB,8ilyer...
Cochineal Mexican
,
powdered
**
'*
cor.
"
gold.
Cabobs, East India
Catch
100 lbs.
29
Qiaseng
"
Qlycerlne, American pure
•
Jalap
**
Licorice paste, Calabria
"
Licorice paste, Sicily
Llcorlcepaste, Spanish, solid., .gold
Midder, Dutch
Madder.French, E.X.F.F
Nntgalls, bine Aleppo
•'
a
•OH 9
13
2S
a
15
-
.3
-
uu
1%
2X
iix
1 20
26 00
UXi
21
SO
3 6U
18 GO
55
43
....
e
«iu
a
a
a
a
3 !5
is 50
56
a
a
~
26J<8
8
5Ka
a
17
21
26
29
26
27X
a
a
23
23
cnr,
•'
5
22
7W
SX
a
a
IXa
43
1
1
1
so"
20
25
ilH
19
Or'd Ilk.* Oeorge's (new) cod.V qtl. 2 73 ft. t 53
Mackerel, No. 1,M. shore.
pr.bbl. 14 IX)
« 22 00
Mackerel, No. I, Bay.. .
(i 20 00
Mackerel, No. 2 Mass. shore
900 a 11 00
^lackerel. No.2, Uay
12 60 a 15 00
K.UIIT —
pertOlb.frall SS5 /» 3 40
I'.alslss, Seedless
....» 1 6S
do LayeiB. new
do Loose
1 to
a 2 09
.
new
7W*
4y«
14
cva
Corrants, new
Citron
Prunes, Turkish (new)
do
French
Jiatoa
Klgs, layer
CiiutoaClnger.wh.&hf.pots.V case.
t-.ir^lne3, ^ half box.
Sardines. V quarter box
Ma'^aronl, Italian
DomfJilic Dried
Apple', Suuthern, Bllcci
f.
VI lb
V
lb
do
do
quarters
di
State, sliced
do
do quarters,
Peaches, pared, Ua., go:)d to choice
do
nnpare:!. halves and qr«.
.
Blackberries
Kaspberrles
dry mixed
Piams, State
WkorUeberrlcs
r.Uerrlen.
a
4
a
10 a
( so a
13 xa
I'M a
uxa
13
<
2
4
3
4
8
a
®
a
a
a
a
9xa
25
19
11
10
a
•
•
•
'V
•
19
9
17
4i«
13
800
19
1214
14
6
»
ton.
a
«
a
16 50
a
22 75
Hoop, Xx.No.22tol&lXxl34!4 •
3
50
Steel rallp, American
a
43 00
40
35
34
33
Brandy
gold
100 lbs,
6
V
....
18 00
!7
(ij
16 00
21 00
•
Hemlock. Bnen,A'rei,h.,m.&I.VIb.
'•
Calirornia, h., ai.&
19
lilde,h.,m.dBl....
19
2J
25
26
25
19
1
common
"
rough
Slaughtercrop
Oak, rough
Texas, crop
)4
V
gal
"
Cuba, Mu8.,refln.gr'ds,50lest.
do
do grocery graiios.
Barbadoes
....
Demerara
Porto Rico
N. (>., com. to prime, ,.{. ...
6
a
;;
e
a
21
a
25
27
SO
26
a
a
a
V
wiudowglass
a
bbl.
•
"
•'
Almonds, Jordan shelled
860
K.
1 CO
OS
1
"
If..,.
....
OAKUM—Navy ,U.3. Navy* best*
lb
1
30
®
12
®
V
casks* gall
Linseed, cuRks and bbiB
Menhaden, crude Sound
gal.
r,
in
**
"
"
"
"
1
a
a
a
1
a
a
a
a
3j
15
58
31
90
..a
7X9
7's^a
7X9
:X9
V '^gal.
1
a
Cases
Refined
Naph'ha.Clty, bbla
:M9
ma
"
a
i
8X»
>x»
7^4
•*
•
PKOVISIOHS-
» bW.
Pork, mess, spot
Pork, extra prime -SI
Pork, prime mess. West
•
"
a
a
7
"
"
"
3i;el,p ain mess
Beef,exira mess
Beef hams. Western
Bacon, West, long Clear
,.,.
,
**
"
»i
6
a
a
"
Lard, City ateam,,..
6X
18 50
....
-...
ail.'/)
12 00
4 22 50
5X»
5V
21 00
»
"
Hams, smoked
a
10
T
IOh
Via
7'17H«
V>,
Carolina, falrto prime
Louisiana, good to prime
6X%
in bond
patua, duty paid
7
"
Rangoon,
—
"
V
boah.
27
27
Visck.
2 30
line
7X
7X
a
....a
a
"
....
....
a
•
•
38
£0
.,..
SEEUftTimothy
do
bntb.
Canary, Bniyrna
Canary, Slilly
Canury, Dutch
7X«
V
CI
>
g}l<t,
7X
I
7<K®
30
1 70
1
Hemp,
foreign
Flaxseed, American, rnugb..,
Linseed, Calcutta
V S« •. gold.
lair
....a
5 30
cnr *ib
21
*
-3
33
Extraflne t^^flnest
'
....
do'"8ttperlor toflneT."
finest
113
I
gS
...
a>
fair.
—
MS
u%
£S•
••'•
Choicest
21
Kx.ftDAto
T ORACOO-
SO
45
60
findst..
hoaw
Kentactty luce,
3
'*
"
leaf.
com. to
Seed leaf— New Enj-wrappern'V
fillers, *76-'
do
a
a
a
a
a
a
a
1 40
1
77X
American XX
American. Nob. 1 &
American, Ccm'jlng
I
90
....
;o
3-1
13
Pulled
25
SS
su
n
18
sal.
25
as
90
n
S8
7S
2«
SS
75
a
a
a
SS
40
4X
12^
7
10
82 It
1 IS
24
45
*
a
37
38
4)
81
85
a
\l%
.,
Carifornla. Sprinjr Clip-
Superior,
Fair
unwasbed
Bnrry
Sjutb Am. Merino, nnwasbed,.
;:::
Texas, medium. Eaatem
UBIGHTS—
ToLmsTOOL:
V 9.
Cot* on
»
bbl.
Wueat, bulk
«
bags,.
Beel
*
roik
»b(>l
ic«.
gold'.
,— »T«all
«. d.
26 9.
2S
3
5 D
<0
;«S
16
X
ji
18
19
21
80
27'
a
saj
.
». 'a.
...9
SI
24
2IS
it:
:6 •
2S a
a> •
20 a
Interior.
buavy goods. ,V too.
1
SS
12
•»
yjour
1
M
45
•
•
@
.12
12 a
16 •
i
2 5J
55
<5
s
10
brUhtwork...
roob—
1 75
1
ne.
-•77
Uavana, com.to fine
Manufac'd.ln bond, black work
'*
6C0
•
«
a
a
a
a
®
21 a
33 a
50 a
80 a
22 a
30 a
45 a
17 a
19 a
Nom
2c a
ifix.flnetoaneflt
do
do
Uncolored Japan, Com. to talr.
Kxflneto
5 50
20
28
45
75
HysoD Skln.A Twan..com. lo
do
do
a
a
Norn
fair
flue
Smyrna. unwashed
V ».
V
7
14X3
gi
VbJ
ilyBon.Commoeto
jjo
RICE—
7X
7X
....a
StraltB
1
15X
a
a
a
...
10 00
1175
8
X*
a.
fi
do
31 00
30 00
10 10
»H
-'Hi
"
S2X
lixa
IIX*
"
"
7K
nyiv
TIN-
10
a
...
7S
a
••
..
»
..
....a
"
Prime City
91
PETKOLEUMGrude.inbulk
16
«
10
6X9
*•
A
oil
Molasees sugars
57
47
a
CAKE—
Oil.
City, thin oblong, bags, gold, V ton.
..
Western, thin oblong (Dom.)Cttr " 2] 00
lOX
....a
....a
"
Imperial. Coin, to fair
lOX
60
5S
)5
9J
07
45
9y
14
loxa
9X
8X9
57
"
i<
a
9xa
35
5
BOXa
'•
rsx
9'j
6xa
9
"
7oanK HysoDsCom.to
Super. to
do
12
35
2 01
1
3
i4xa
00
4),a
i lo
**
toextra
Whale, bleached winter
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil, Nos, 1 and 2
1
2
4\@
VX*
OILS—
a
«
a
Btore frtcM,
.
*•
KngllBh.renne*
a
9
a
.
17 00
8 00
...a
Hard, powdered
do granulated
do cutloaf
Coffee, A. Ptandard.
Plates. I.e., coke
3 75
lb,
V)
a
a
4 OU
•
a 8»
a 400
a sto
....a
••
.liO
12x
2 l.u
2 i2H
29X
135
90
Brazil
Unseed Bombay
8 60
••
'•
45
»
190 K
2 00 3
.,.e
50 ^
1 73
a
1
N UTS-
Turk'slsland
St. Martin
Liverpool, Ashtoo'i
»•
gal),
fi
WhlteextraC
FxtraCrto
Yellow C...
Other Yellow
35
a
Pitch, citf
Spirits turpentine
V gal.
RosId, strained to good strd.V bol. 1
" low No. 1 to good Ko. I "
" low No. 2 to good I'O 2 "
1 60
" low pale to extra p ilc . "
2 50
Neatsloot, No.
4
890
800
573
V
Tar, Washington
Tar, Wilmington
OUye,
S 79
00
•»
'•
••
NAVAL, STORKS—
"
gall.
Brazil, Nob. 9(311
i?frf««rf— Hard, crushed
do
Nominal.
32
«&
gold.—
.
(Cal,) delly. In
88
14
,
TALLOW-
9
"
9V
80
SO
•
m"«
.
jox
Nomliial.
"
s
...
"
Porto HIco. refin fair to prime "
*'
Boxes, c'ayed, N 08. I0@12
••
Ceitiifugal, Nos. 7@i3.
•*
Melado
•'
Manila, sup. an 1 ex. sup
•*
Batavia.Nos l'.'@i2
4h
a
....a
"
a
....a
Prime
6 40
(^
"
"
nx
• 00
w
Infertor to common refinlrg....* It.
•'
F.lr
•'
Good refining
00
MOLASSES—
Cuba, clayed
in"
5DGAR-
2 ?-10
&,
LEATHER—
i
4
«"8
American cast. Tool
American cast spring
American machinery
American (rermac spring
a
lb
w"
v k.gold
English, cast,2d&lBtqcallty «4lbgold
English, Bnrlng,2d & Ist quality.. "
English blister, 2d& istquaiity,. "
"
English machinery
English German, 2d ft 1st quality "
American blister
cnr.
35
37X9
cur. 3 20
a
4 79
8TKKL—
....
....
LKADOrdlnaryforelen
*
Domestic, ocnimon
Bar (discount, 10 p, c),
''
•
Sheet
cnr.
Whiflirey
Ht^
®
5
common
Brandy, foreign brands
Hum— J am, ,4th proof
St. Croix, 3d proof
Gin
Whiskey, Scotch
do
Irish
Domestic liquori-'
Alcohol
Sheet, Kuasia
gold.Kllb
U'Ka
II
Sheet. single, doubled treble, com.
4
3X9
;i ton, car. 32 00
Rails, American
a 36 no
Clover, Weatern
Clover, New York SUto.
18
12
..
.
^
a
@
15 50
14 50
4X
21
8
37X®
4
6
9
4
10
26
8
11
3
...e
35
34
79
B.gold.
100
SPIRITS—
@
@
...
Cotton seed, crude
a
8X
a
®
@
31
87
4
4 71
1
Nutmegs, Batavlaand Penang
Pimento, Jamaica
Cloves
do stems
II
ut
'i
Walnuts, Naples
Pecan
(In
—
1
«X
KlSl-
Valeutia,
5
Flliierts, Sicily
18
a
a
bond), gold. 3 3:xa
PrnsBlate potash, yellow. Am. .cur.
22 a
gold.
Qilcksllver
47X9
Quinine
cnr. 3 '0 a
Khabarb, Uhlna,goo:l to pr.... "
50 a
Balsoda, Newcastle.. f)1UO n, gold 1 12^3
13 a
Shell Lac, 2d & Ist English, fill .cur.
VloOB.gold 190 •
Sodaash
Sugar of lead, white, prime, Vlbcnr
a
"
Vitriol, blue. common
7 •
(?o
5
•4
4 10
1 15
"xa
"
or. Tltriol(86 Brimstone)
1«X
2u
4 CO
••
cnr.
Oplnm, Turkey
u
ix»
Bleaching powder
if ICO lb.
1
Brimstone, 2n Is & Srds.per ton.gold.24
9ift..cur.
Brimstone, Am. roll
per
28
2<
....a
le-^a
American Ingot. Lake
Gimbler
9
•
a
a
4 75
]]
Pepper, Batavla
do
Slnaapore
do
white
Cassia, China LIgnea
do
Batavla
Ginger, African
do Ualcatta
10
@
a
®
®
®
6
goodtoprlme
50O
•
SPICES
MorePt'tces,
Bar, Swedes, ordinary slies.,1> ton. 130 00 ai32 SO
Scroll
» lb. 2 5-lC@
5
I6«
lax
COTTON— dee special report.
DRUGS ft OIBSAlam, Inmp. Am
V 100 lb
tartar,
Yorks. com. to med..,,
IROft-Plg, American, No. 1
Pig, American, I.o. 2
Pig, American, Korge
Pig. Scolcn
10
a
a
e
a
isx*
13 a
tfrazlers' Coyer 16 oz.)
Cream
Sxa
10
8
•
Mace
a
a
a
a
9
13
CarthaKena, Dressed....
Nicaragua, nheet
Nicaragua, scrap
Honduras, sheet
Mexican, sheet
New
COPPBK-
Camphor
8
Para.flne
Para, coarse
Esmeralda, prebscl, strip
3><
13X«
gold
Uomingo
3
Foreign
Domestic,
9V
INDIA RUBBER-
3 50
13
15
t,
do fair
do good,
do prime,
Java, mats
Aloes, Cape
Aloea. tarbido
do....
do....
do....
do
S CJ
3 73
dltlonal for dellyery at
ttlo,
Bolt
Sbeatbini;,
«
9
9
SBO
SPKLTER-
18x
IIX
16Xa
•'
KaAtern
Wisconsin
Old
Vearlings
'3 00
* W.
I
'..
9
a
HOPS-
CUVFBK—
Bavanllia
..
"
"
California,
Texas,
cnr.
A. /. «Mct— Cal. klps.slanght. gold
*'
Calcutta kips, deadgreen..
Calcutta. bnffalo
Para,
prices at
Tork.
St.
'*
ir<(/?a<(ed-Uoen. Ay, selected
I9X
19X
isw
9
18
18
18
*'
'
Panama8tr;p
Sched.
....
....
....
....
....
3 60
3 43
Stove... 3 95
Ch'nat.. 3 40
ooa
show
Sched.
N. y.
Harbor.
Hoboken.
15
erate... 3 15
12
will
do
••
Guaydqiiil. pessed, strip
D.4H. P.a B. L.
5X
5X
IBXd
18ua
tchedule rates:
U.L*W.
Tsatlees, No. 2
Ta.vsaHms. No.
Kc-reelcd Tsatlees, bc<!t
Re-reeled Congoun, No.
7
a
19
*'
do....
do....
do....
do,...
California.
COALlast auction or present
6\a
iS»
4X*
•'
••
Rio Grande,
Orinoco,
a
7
a
M a
ft275'6o
"
Corrlentes,
Prices)—
choice State(uew) VIb,
Weal'n creamery n'd to cli. "
••
Wp|ah,8tate,g'd to choice
"
•'
Wtrmurn da.ry.faIrtopr.
"
»»
270
i>rB— Buenos Ayres.selected.tilbgold
"
Montevideo,
do....
<
9
75
...p«r lOOIb.fold
81LK-
HIOEB-
New
a
a
Tub,.i.eoot* Co
LlTerpoolgae cannel
iilverpoolhonscnannel
ANTUBACiTK— The following
•
•»««
7X8
5
9»
,,,,
Crude
19
9193 00
17C 90
gold.2C0')O
Slaal
2 40
5 23
4 35
2 81
Lead. VQ. , Amer.,uure dry
Zinc, wh.,Amer. dry. No. I
f Inc.wh.. Amer.,No.l,ln oil
Parln white. Ki^i., gold...
5 21
» uu
27 00
a
Sdflns
Cat6plke9,allBlzeB
Fafnfs— Ld., wb.Aiii.pjre. Inoll
BOTTKll— (Wholesale
•
a
a
•
45
Vton.
!t»ll«,u
H
B
100
Nitrate ioda
Amerlcan dressed
AmerlcaL undressed
BUILUINO MATEIilALS—
^icAm— Common liArd, afloat. .V
Pblladolpbls
V
HUMP AND JUIK-
BKKAUSTO PFS— Scmtpeclkl report.
Croton
8ALTPKTRBReflned,par6
North
ASHRftFot, Crat icit..
rjport under Cotton.
HAT-
PRlCiiS OLJRjtCENT
L.-
—
>. <<.
19-6I
28
21 >
7
•
eomp.
a 250
4»
9,
i>,
•
•
•••
THE (CHRONICLE.
636
Commercial Cards.
Commercial Cards.
-c
&
Russell
on missioN
Boston Agency,
MUKBAT
OKNTEAL
)
STiftKT.
S.
POMEROY
W.
Watbr
105
S
superior quality
suitable for MINING AND
HOISTING PURPOSES,
I
'
W. POMEROY
Watek
Jb., 105
Charles E.
AND
St..
Steamships.
COMMISSION MERCHANT,
BOSTON.
Post Office Box
OK L
Co.,
Direct Line to France.
CO., of China,
&
ITork.
as follows;
Wed., JuneS6. 2 P.M.
Wed.. July 8,8 A.M.
Wed., July 1', 2 P.M.
CANAI>A,Fi8ngeul
Co.,
AMKRlQUE.Delord
PRICK OF PASSAGE IN GOLD
(Including wincj:
To Havre— First cabin, $10O; second cabin, S 5; tftirt
cabin, $35 steerage, |26— including wine, beading and
;
MANUFACTURERS OF
utensils.
To Plymouth, London or any railway station in
England— First cabin, $90 to $100. according to accom-
SVPE R-CARBON ATE
modation
second cabin, $fi5; third cabin, $35, steer
age, $27, Including everything as above.
Return tickets at very reduced rates, available
OF
SODA.
New
No. 11 Old Mlp,
The Jobbing Trade ONLY
&
Vork.
all
and Dealers
•
Atlas Mail Line.
NcM. North River.
For Kingston (Jam.) and Haytl.
ETNA
June 7 ATLAS
AILSA
I
Superior
flrst-class
PIM,
supply
(11
Dnane
in stock.
Street.
ALPS
nassengei ^'-commodstlon.
CO., Agents,
56
Wall
treet.
same period
&
Not a Trip Miseed
Bro.,
$2,565,8»0 87
Beturcs of Premiums and
Kzpenses... $947,923 86
The Company has the
following Assets, viz,
United States and State of New York
Stock, City, Bank and other stocks. $10,566,958 00
Loans, secured by Stocks and otherwise
Beal Estate and claims due the Company, estimated at
Preminm Notes and Bills BeceWable.
1,163,200 00
617,436 01
1,784,383 63
CashinBank
256,36)08
Total amount ot Asseti
$1 4,366,351 66
Six per cent. Interest on
be paid
will
the outstanding
to the holders
on and
after
in
The certificates to be
produced at the time of payment and canceled.
Upon certificates which were Issued for gold premiums, the payment of Interest and redemptioa
will be In gold.
A
7 Consecutive Years.
Daily from Pier
•
,Iay street.
Hereafter the STEA.VIBOAT
33,
EXPRESS TRAIN WILL
4:30
Dividend of Forty per Oent.
clared on the net earned
North River, foot of
LEAVE Sl'ONINGTON AT
certificates of the Issue of 1874
be redeemed and paid
to the holders thereof,
or their legal representatives, on and after Tues-
EAST.
STONINGTON and RHODE ISLAND.
•
The outstanding
will
day, the 5th of February next, from which date all
THE ELEGANT STEAMEIIS
5PM
Tuesday, the 5th of February next.
Interest thereon will cease.
Stonington Line
FOR BOSTON,
AND ALL POINTS
George A. Clark
.
thereof, or their legal representatives,
THE OLD RELIABLE
widths and Colors always
No. lOU
off from Ist JaunDecember, 1877. .. $4,908,881 06
Losses paid duiing the
ary, 1877, to 3l8t
}.
FOR WOOD 4
No.
STRIPES.'
Cnlted Statex Bunting Company.
full
Premiums marked
I
For Haytl, Colombia, Isthmus of Panama and South
Pacillc Ports (v:„ Anninwai
kinds of
upon Fire disconnected
certiflcates of profits
AJ8u. At^ents
A
Risks, nor
with Marine Rislu.
PORT^< (via Asplnwall.)
Fiisl-class. full-poweied. Iron screw «teamert, froui
Pier
'
AWNING
No Policies have been issued upon Life
SOUTH PAv IFIC
lu
ONTARIO SEAMLESS BAGS,
•
December, 1877
1st January, 1877, to Slat December, 1877
$4,710,665 88
Premiums on Policies not mariced off
1st January, 1877
8,040,363 61
BI-MONTHLY SERVICE TO JAMAICA, HATT:
UOLOMBIAandASPlN WALL, and to PANAMA an<^
COTTON ,ANVA8, FELTING DUCK, CAR CO^EIS
UiB, BAGGING. RAVENS DUCK, SAIL TWINES
*e
LOUIS DE BBBIAN,
Turner
COTTONSAILDUCK
And
ihrough England and France. Steamers marked thus
(») do not tarry «teer;-ge passengers.
For passage and freight apply to
Agent, 55 Broadn^ay.
Co.,
MftPufftcturerR
;
Sopplled.
Brinckerhoff,
31st
from
The spleadld vessels on this favorite route, for the
Continent—cabins provided with electric bells— will
sail from Pier No. 42 North River, foot of Morton St..
•PiiRBlKK, Danre
John Dwight
on the
Total amount of Uarine Premioms. $6,751,Ce8 44
YORK AND HAVRE.
Calling at Plymouth for the landing of Passengers.
KKPBESKNTKD BT
New
Nkw York, Janaary 23, 1878.
The Trasteee, in conformity to the Charter of tha
Company, enbmit the fallowing Statement ot ita
BETWEEX
NEV7
Canton, Cblna.
St.,
Co.
Mail Steamships,
Bong Kong, Shanghai, Foocbow and
104 Wall
Insurance
Premiums received on Marine Bisks
Th* Qeccral Tran^-Atlantic Compnnj'
COMMISSION MERCHANTS,
Mutual
aflalrs
%
2.6ai.
&
Olyphant
ANTIC
L
order.
JOHN W. IHASON & CO.,
43 Broadfvay, New York.
N. Y.
Parker,
14 Excbange Place,
Ol,YPHANT &
Brlages, Derrick Guys,Ferry
A large stock
Uopce, Ac.
constantly on hand from
which any desired length
are cut. IXAT STEEL
IRON ROPES for Mining
purposes manufactured to
Hong Kong.
Represented by
8.
Rigging, Suspension
Jslilps'
Shanghai
Banking Corporation,
Office,
AT
,of
N Y
Hong Kong &
Head
OFFICE OF THE
.n-
cUned Planes, Transmission
Power, &c. Also Ga.Jvan'^ed Charcoal and BBXor
Jr.,
St.,
InNiiraiicc.
CHARCOAL
STEEL
IRON of
Represented by
FORBES, V
VOL. XXVI.
Wire Rope.
AND
Co.,
merchants
AND SHIP AGENTS,
0ons; Kons, Canton, Ainoy, Foocboir,
Snaugbal and Hankonr, China.
J.
iO
I
"
:
:
is
de.
premiums of the Company
for the year ending 31st December, 18*7, foi which
be issued on and after Tuesday, the
certificates will
7th of
A.M.
May
next.
By order
State-rooms and tickets secured at 363 Broadway .ind
at ali ofllces of Westeutt Express Company in New
Vork City and Brooklyn. Also tickets for sale at all
jr.
of the Board,
H. CHAPniAN,
Secretarf.
hotel ticket-offices.
PROVIOENCE
[MltTrAR •".« HKLIX NEEDLES.
400 BROABWAT, NEW YORK.
E.R.Mudge,Sawyer&Co
AGENTS FOR
TPashlngtoii ITIllU, rlilcopee nfg Co.,
BurliiiKtnn Woolen Co.,
Bllertou New .^IIIIm,
Atlantic Coiton milla,
Saratoga Victory JWfg Co.,
AND
Hosiery, Sbirtx and Dravrera
From Various Mills.
BOSTON,
NKW YORK.
15 CnACSoiy St,
Stekkt.
* 46 White PHILADELPHIA,
J. W. DAYTON, lao Chebtndt Stbekt.
L.ISJE.
FREIGHT ONLY FOR
Providence, Worcester, Nashua
all Points North.
5 P. M.
"Warren street.)
Freight taken via either line at lowest rates.
D. S. BABCOCK, President.
L. W. FILKINS, General Passenger Agent.
Iiisiiraiicc.
EtOcomotlTes and Amoskoag Steam
Fire Engines,
MANCHESTER, N. H.
A.RESTAS BLOOD, TT. G. ItlEANS,
Treasurer,
Superintendent,
Ilaacbeeter, N. E.
40
WMer etr«et, Boston
D. Jones,
Charles Dennis,
W.
H. H. Moore,
Charles H. Bussell,
David Lane,
Daniel S. Miller,
Josiah O. Low,
Royal Phelps,
C. A. Hand,
William H. Webb,
Francis Sklddy,
Charles H. Marshall,
Bobert L. Stuart,
Frederick Chauncey,
Horace Gray,
Works,
MANUFACTURERS OF
S.
Adolph Lemoyne,
MANCCIESTER
Locomotive
TRUSTEES:
and
Steamers leave.
Pally 'rom Pier 29 North River (foot of
John
Usi,, F.S.WINSTON, PRESIDENT -of
"Es E\?E:Ry APPf^OVED DESCRIPTION "
LIFE XnB ENDOWMENT POLICITS
Elliott,
William H. Fogg,
B. Coddington,
Thomas
"J.
D.
JONES,
Lewis Curtis,
James Low,
Gordon W. Bnmham,
William Sturgis,
William E. Dodge,
Thomas F. Youngs,
John D. Hewlett,
Charles P. Burdett,
Alexander Y. Blake,
Bobert B. Mmtnm,
George "W. Lane,
James G. DeForest,
Charles D. Leverich,
Edmund W.
CorlieS,
William Bryce,
Peter V. King,
^
Horace K. Thorber.
'
President.
OMTEnMS AS FAVORABU ASTHOSE OFANY OTHERCO.
CHARLES DENNIS,
^ASHTiSSETSQVElSaO.OOO.OOO.
H. H. MOORE, 2d Vice-P*e8ide»t,
A. A. RAVEN, 3d Vice-President.
W.
Vice-President.
——
JONK
THE CHRONICLE
23, 1878.]
COTTON
SEED TO LOOM.
Cotton.
FROM
8
1
"T
8
&
Ware, Murphy
Co.,
Cotton Factors
AMD
GENERAL COMMISSION MERCHANTS
COTTON EXCHANOE BUILDING,
NEW YORK.
NOW READY.
The contents
Special attenMon paid to
delivery of cotton.
of this book are as follows:
OF
IMLAF
IINI>IA.
Introductory
— Showing
CHAPTER
orden
for
futaro
contractit
Liberal adTaDce» ma'le on con-
Ignmentg.
____^
Knoop, Hanemann &
Co
We
liave prepared a large Map of India, showing, among other tilings, all of the
The map is made up from original sources and will,
eotton districts of that country.
we think, be found very useful.
be execnllon of
or Bale of
Cor the parctaaie
OonmsSlON niEHGHANTS,
«a
KXTHANQK PLACE. NKW TORK.
I.
TIOU8SS t»
the Object and Scope of the Book.
nauclieKter and Liverpool.
CHAPTER
II.
History of Cotton in the United States from the date of its earliest production,
tracing the progress from year to year, with the inventions which gave the
impulse to that progress; also a table of receipts and exports at each out-port of
the United States from the earliest records down to 1877, &c., &e.
CHAPTER
I I
—
CHAPTER
IT.
—
—
—
CHAPTER
V.
—Very important deductions from the weather
VI.
—
—
—
—
—
CHAPTER
VII.
—
and orders tor tte
Advances made on conBlg&ments. and
afforded by our frlenna, Messra. D.
New
8JN,64 Baronne
L.
—
Gathering sad Marketing of Crop The Influences affecting Market When and why
a Crop will be Marketed Early An Analysis of the Movement to the Ports of Each
Crop from 1870 to 1877, and the Reasons lor Delays and. for Haste Tables Showing
at Several Points in Each State the Date of the Receipt of First Bales, Arrivals
New Cotton to September 1, &c., &c. Also, Height of Rivers for a Series of
Years. All these facts are so arranged as to enable the reader to form a correct
opinion of the future. This chapter closes with the daily receipts and percentages
—
N E W^
Infonnstloa
all
WATTS A
Co., 51
Tork, and Mesera. D. A. ei VKN
Street.
New
*
Orleans.
F. Berje,
—
—
ORLEANS,
C. Johnson
J.
OOTI'ON
data, &c., &c.
Stunmer and Fall Growth Formation of the Bud, its Shape, &c. The Blossom, how it
changes its Color and Shuts and Falls Formation of Boll— Habits of Blossom and
Plant in Relation to Sun Definition of Bottom Crop, Middle Crop and Top Crop
Cotton Enemies in Summer, Lice, Rust, Shedding, Boll- Worms, Caterpillars, &c.
Number Bolls to Make a Pound, &c. Rainfall, Tliermometer, Chronkxb Weather
Reports and Agricultural Bureau Reports, from July to December, for 1870 to 1877
Tables showing Date of Frost and End of Picking Season at a number of points
in each Southern State for Seven Years Past Important deductions from this
Review and Analysis of Weather for past Seasons, &c., &c.
—
COTTON
parehaae or sale of fnture Rhlpmenta or deUverlfB.
COTTON BDYEK AND COMMISSION MERCHAHT
tj
CHAPTER
Co.,
I.IVERPOOI.,
tollcUconglgnines>.a of
—
— Cultivation from January June— How Land Prepared and Seed Planted
Old Lands being Reclaimed — Early Growth of Plant — Chopping Out — Securing
a Stand — Cotton Plant very tender in Early Life and tough afterwards — Its Early
Enemies and Diseases — Crab Grass — Wet May and June — Rainfall, Thermometer,
Chronicle W eather Reports and Agricultural Bureau Reports, from January to
—
&
Brawn's Bnlldlnc*,
21
Stone »treel.
Acreage in the United States Yield and Acreage by States since 1869 Possibilities of
Crops with Acreage given Growth in Acreage illustrated and proved Percentajje
of Production and Acreage in Each State, &c., &c.
CO.
Se.
C. Watts
—
—
June, for 1870 to IS??
W.
I.
India production of Cotton Goods from Earliest Dates Interesting Review of the India
Export Trade in Goods from before the Christian Era to the Present lime, &c.
The Monsoons and their effect upon and relation to the Cotton Crop Also, the
past Production of Cotton in India and the present supply, with a detailed
description of each Cotton District from which the present supply comes Several
wood-cuts and full Statistics of the Trade, &c., &c.
Planting
OE JERSEY
&
LA.
Co.,
W. Lamkin &
D.
,
BUYERS FOR MANUFACTITRERS
mEMPHIJ--, TEVN.
Co.,
Cotton Factors,
VICKSBCRG, MISS.
Orders to Furchase Cotton In our market solicited
Refer to Messrs. THOMAS J. SI^UGHTER, New
York.
McAlister
&
Wheless,
(orxoN
ooiamssioN nEK(^HAi«'>s
NASHVILLE, TENNK8SKK
Special attention given to Spinners' oriier».
spondence solicited.
KKFttRttNOBS,— Third and Konr:n Ntttlonn
aid Pronrl^rora of Tt:n Crroniot..
Corre
Bank
;
of past receipts for a series of years, &c., &c.
CHAPTER
Prices of Spots and Futures, for a
Cotton
Movement
at
New
VIII.
Long
Series of Years, at
York, &c., &c.
CHAPTER
New York
and Liverpool
JOSEPH GILLOTT'S
STEEL PENS.
IX.
Consumption of Cotton in Europe and the United States— Some Thouchts on this
Subject which may be Suggestive— Also, full Tables and Statistics Showing Past
Consumption, &c., &c.
SoU fy att deakrt tJtrimgkout tlu
World.
Smith's Umbrellas.
This is a very brief summary of the contents of this book. It is a
SI 00
large octavo volume of over three hundred pages, containing everthing the GINGHAM, any i-ize
2 00
trade needs for reference, and drawing conclusions from the experience of GUANAOO patoutcd
ISC'
the past, which ought to make crop estimates in the future less difficult SILK, paragon frame
and uncertain.
Fine Silk Umbrella* In great Tariety.
.
Price,
Win
----.-
be mailed to
any addrets pott-paid on
& Co., 79
HjENRT HERBERT, 5 Austin
Wm.
B.
Dana
Three Dollars.
&
receipt of price.
8i William
Frinra,
Old Broad
St.,
(it,,
N. Y.
I^iidon,
ITnibrella* and Paraaols to order
36
ISO
104
1188
405
& ropaii«d.
Fulton Street, near Pearl Street
FnltoD Street, near Broadway.
Broad*vay, near Pine street.
Broadway, near Mth street.
Broadway, near Canal street,
EstablishedA.D.1802
w
;
THE CHRONICLE.
VI
Stillman,
SEAMEN'S BANK BUILDING.
Nos. T4
4;
T6 Wall Street,
NEW
Insurance.
Pirn, Forwood& Co.,
GENERAL COMMISSION MERCHANTS,
BOX 613,
P. O.
New
YORK.
Orleans,
BOX 4964,
P. O.
New
I.a.
OFFICE, No.
LIVERPOOL.
Also, execute orders for Merchandise In
Special attention paid to the execution of orders for
England, China, India and Singapore.
UNDERWRITERS IN NEW ORLEANS
the purchase or sale of contracts for future delivery
for the
&
British
of cotton.
&
Henry Hentz
Co.,
Bennet
GBNBRAL
(COniniSSION nESCHANTS,
174
^k
1T6 Pearl St
,
New
Foulke,
GENERAL
Advances made on Consignments to
Messrs. JAITIRS
tilVKKPOOL,
FINLAY &
for Mercbandlse through
messrs. FINLAY, inVIR & CO.,
CALCUTTA AND BOMBAT.
FUTURE CONTRACTS FOR COTTON bought and
-old on commission In New York and Liverpool.
&
Dennis Perkins
Co.,
COTTON BROKBRS,
11 T Pearl
H. W.
New
Street,
&
H.
York.
Farley,
J.
COTTON FACTORS,
COMMISSION MERCHANTS,
Advances made on Consignments.
sale
OF
OOTTON.
E.
S.
&
Jemison
(Successors to
New York.
AND
GENERAL COMMISSION MERCHANTS.
No. 123 Pearl Street, New York.
Future ConAdvances made on Consignments
bought and sold on Commission, In
New York and Liverpool.
tracts for Cotton
Tames F.Wenman& Co.,
COTTON BROKERS,
No. 146 Pearl Street, near Wall, N. Y.
BLOSS & INCHES,
(Successor to A. L.
No.
89
H. Tileston
&
Co.,
&
R. Smith
B.
COTTON
125 PEARL STREET,
44 Broad
AND
Street,
NEW
YORK,
Felix Alexander,
AVGUSTA, GEORGIA.
__^^
York H ouses.
&
Macaulay
,
Co.,
COMMISSION MERCHANTS,
Commission
In
New York and
NEW
Liverpool.
&
New
53
Co.,
Geo. Copeland,
COTTON BROKER,
186 PBARIi STREET,
NEW YORK
00
$765,558 54
945.4lI5 75
cludinjjtre-insurauce, in thelJ.S.
Net surplus iu the United States.
Fire Assets held In the U.S. ..$1,710,964 29
The above does not Include the Life and Annuity
Funds, which, by aot of Parliament, are In a distinct
and separate department, for which the surplus and
reserve of the Fire Insurance Department, named
above, are not liable.
_
CHAS.
E.
SAM.
Managbes.
WHITE,
P.
BLADGEN,
Liverpool
London
&
& Globe
Company^
Instcra^ice
45 William
J,
E.
St
PULSFORD,
Resident Managek.
Lyommercial
Union
Ins.
ALFRED
^TNA
Insurance
L^o.
Company
INCORPORATED
Total Assets, January
NET
IN 1819.
187T
$3,000,000 00
1,741,273 42
1,
Re-insurance fund. ...
Unpaid losatB & other
claims
faURPLUS, Jan.
429,114
1,
1877..
82—
87,116,684 42
JAS. A.
5,170,388 24
$1,945,236 18
New
ALEXANDER,
3r & 39 Wall Street.
Henry Lawrence & Sons,
MANUFACTURERS OF
MANILA, SISAL, JUTE & TARRED
BRANCH OFFICE:
No. 173 Broadway,
PELL,
Resid'mt Manager,
OF HARTFORD.
Capital
COTTON FACTORS * COMMISSION MEBCHANTS
47 Broad Street, Nenr York.
46
firtt-
Insurance.
York.
&
2,428,97« 97
4,221,557 49
.
(OF LONDON-},
YORK,
Sawyer, Wallace
$l,a£0,000 00
Stockholders are personally liable, not yet cilled in
$8, 750,000
Reserve for total Liabiliiies, in-
Co.,
class inve.atir.ent securit eg
Edward H.Skinker & Co.
07 Pearl Street,
& paid-np Capital (gold)
Reserve for all fire liabilities, tncludina re-insurance
Net Fire Surplus and Reserve.
ST., NETY YORK.
maie on warehouse receipts and
ADVANCES
BUY' AND SEIiIj cotton contrac'iB and
Future orders promptly executed.
COMMISSION AND COTTON MERCHANTS,
TVllllain St., Cor. Pine, New York.
ESTABLISHSD DECEMBER, 1866.
BROAD
OENERAL COTTON MERCHANTS,
97 PEARL STREET,
1809.
in
consignments of cotton.
Tainter,
NOURSE & BROOKS),
Incorporated
VNITED STATES BRANCH:
WILLIAM STREET, NEW YORK.
COTTON BROKERS,
BEAVER STREET, NEW YORK.
(Successors to
and Mer-
British
_
Exchange
&
President.
Secretary.
Cash and Invested Assets (gold). $7,900,536
Subscribed Capital, for which the
Boston.
Entire attention given to purchase of COTTON on
ORDER for SPINNERS and EXPORTERS.
COEEBSPONDKNCE SOLICITED.
References :— National Bank of Augusta, Georgia
Henry Hentz & Co., Commission Merchants, New
York; William B. Danaft Co., Proprietors Commkb
•lAL AND FlNANOlAL Cheoniole, and Other New
54
MARTIN,
.
COTTON BROKER,
22
J.
WASHBURN,
Called-in
Liberal advances made on consignments. Prompt
Eersonal attention paid to the execution of orders for
le purchase or sale of contracts for future delivery.'
Wm.
H.
LONDOIV AKD EDINBURGH.
54
Co.,
WALTER & KROHN,
Waldron
7,87130
OF
GENERAL COMMISSION MERCHANTS
142 Pearl Street, New York.
COTTON BUYERS & COMMISSION MERCHANTS
60 Stone Street, Ne-w York.
Orrfers In Futures executed at N. Y. Cotton
«
65,3:2 39
185,204 13
12,500 00
cantile Ins. Co.,
Aim
R. M. Waters
RICHARDS)
and Commission Merchant
BROAD STREET, NEW YORK.
3U,215
16,109,526 75
North
COTTON FACTORS
Future Contracts for Cotton bought and sold on
Sililpplng
00
OO
00
00
.
Total
J.
1841.
E. O. Richards,
1161,727 56
2,016,903
3,016,675
251,190
124,828
Premiums due and uncoHected on Policies
CHAS.
JIOODY & JEMISON),
Established (In Tontine Building)
.
Delivery.
Co.,
BANKERS, COTTON FACTORS
$6,109,526 75
ASSETS.
Cash In Banks
Uonds and Mortgages, being first Uen on
real estate (wortk $-i,293,200)
United States stocks (market value)
Bank Stocks (market value)
State and City Bonds (market value)
Loans on Stocks, payable on demand
(market value of Securities, |42I,098)
Interest due on 1st of .lanuary, ld78
Balance In hands of Agents
(or the Durchase or sale of Contracts for Future
FINANCIAL, AGENTS,
Beeclal personal attention to the purchase and
»I '• CONTRACTS FOR FUTURE DELIVERI "
TOTAL ASSETS
Keal estate
COMMISSION MERCHANTS,
132 Pearl Street,
Nenr York.
O Box 3,909.
256.391 42
1,016,703 02
NetSurplus
Issued at this office
AND
P.
Reserve for Unpaid Loeeea ana
Dividends
Special attention given to the execution of orders
LONDON AND GLASGOW.
^Iso execute orders
131 Pearl Street,
CO.,
SHOWING THE
SUMMARY OF
COMMISSION MERCHANTS,
Yerk.
BROADWAY.
Condition of the Company on the first
day of January, IS 78.
CASH CAPITAL
$3,000,000 00
Reserve for Re-Insurance
1,836,432 31
of lilverpool.
&
135
Forty-Ninth Semi-Annual Statement)
Foreign Marine Insurance
Company
Company
Insurance
York.
GENERAL COMMISSION MERCHANTS
LEECH, HARRISON & FORAVOOD,
LOANS laADE ON ACCEPTABI.E
Liberal advances made on Consignments.
HOME
OF NEIY YORK,
Execute orders for Future Contracts In New York
and Liverpool, and make advances on Cotton and
other produce consigned to
SECURITr.
.
[Vol. XXVI.
Cotton.
Cotton.
Woodward &
.
York.
Asent.
CORDAGE,
FOB EXPORT AND DOMESTIC U8F.
GANGS OF RIGGING MADE TO ORDER,
FRONT STREET, NEW YORK.
m
@FedFRASER