The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
JHE
oiitmtrrfa
AND
MERCHANTS’ MAGAZINE.
HUNTS
^ W^ela gktrsjjape*,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES[Entered, according to act of Congress, in tlie year 1880, by Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C.J
SATURDAY, JUNE 26,
VOL. 30.
as we
CONTENT8.
had
1880.
no use
for the goods except to
NO. 783.
speculate in, mad
gold for currency purposes, prices of goodsdropped, they went out, and the gold stayed.
Monetary and Commer¬
Gold Shipments
661 Latest
cial English News
665
This is the whole explanation to the foreign trade
Cottor-Seed Oil Manufacture.. 662 Commercial
and Miscellaneous
The French Republic and the
News
667
663
Amnesty
figures we have for some weeks past been presenting*
Rock Island Railroad
663
and a good indication of what these trade figures must
THE BANKERS’ GAZETTE.
Quotations
of
Stocks
and
Bonds
671
Money Market, U. 8. Securi¬
New York Local Securities
672 be during the next six months. An increase in the ex¬
ties, Railway Stocks, Foreign
and State, City
THE
Exchange, New
Banks, etc
York City
THE
needed the
CHRONICLE.
Investments,
Corporation Finances...
COMMERCIAL TIMES.
Commercial Epitome
Cotton
668
and
676 I Rreadstufts..
676 | Dry Goods
.
3?Jxt Chronicle.
coincident with the check to speculation, and
largely increased movement has been in progress ever
680 since.
681
Imports have hitherto covered orders sent onb
when the excitement was at its height, so it was notuntil June that an entire reversal of the trade move-
673 ports was
a
ment became apparent.
Financial Chronicle is issued every Satur¬
But the chief interest these facts now possess, is the in¬
day morning, with the latest news up to midnight of Friday.
dication they afford of a change in the tendency
[Entered at the Post Office
at New York, N. Y., as
mail matter.]
gold current. For a few months past,
as
The Commercial and
second-class
of ibe
gold has
stated
SUBSCRIPTION—PAYABLE IN ADVANCE:
been on the point of flowing out of the country ; may we
$10 20.
For One Year (including postage)
6 10.
not now look for an opposite tendency, and possibly be¬
For Six Months
do
Annual subscription in London (including postage)
£2 7s.
fore the year closes, another influx of the precious metftL
Six mos.
do
do
do
1 8s.
Subscriptions will be continued until ordered stopped by a written, The reason for such a change is the favorable balance our
order, or at the publication office. The Publishers cannot l>e responsible
for Remittances unless made by Drafts or Post-Office Money Orders.
foreign trade bids fair to show the next six months at
Adverl Isement*.
least.
To test this conclusion, all one has to do is U>
Transient advertisements are published at 25 cents per line for each
insertion, but when definite orders are given for five, or more, insertions,
liberal discount is made. Special Notices in Banking and Financial
study the reaction in the trade movement as we
column 60 cents per line, each insertion.
have outlined it up to this date, and then consider
WILLIAM B. DANA,
\
WILLIAM B. DANA ic GO., Publishers,
JOHN G. FLOYD, JR. >
79 & Post
81 William
Street, NEW YORK.
whether the same causes are not still, and likely to be
Office Box 4592.
for months, in operation. If any one hesitates to accept
the same is
A neat file cover is furnished at 50 cents;
this conclusion, let him inquire the condition of the stocks
18 cents. Volumes bound for subscribers at $1 2<
I3P* For a complete set of the Commercial and Financial Chroni¬ of
goods and merchandise now still held in this eotmcle—July, 1865, to date—or Hunt’s Merchants’ Magazine, 1839 to
187i. inquire at the office.
try; let him extend his inquiry into the dry goods trade*,
the iron trade, in tea, coffee and sugar circles or any
GOLD SHIPMENTS.
TERMS OF
a
on
For months now our
mourning over the large gold shipments which were sure
to be made to Europe this Summer.
The latest form in
which the scare assumed shape was the paying of £ to f
during the year. It was a
notice how these contracts
published everywhere, very much as if the parties
to them were anxious to product the result they so much
feared. But they were, nevertheless, the outcroppings
per cent for calls on gold
little suspicious, of course, to
were
think, they will all tell him, if they tell hi»
the truth, the one story that they are loaded down wit!*
stocks. The fact is there are notes of dry goods finos
afloat to day that>ere scarcely ever known to the market
before. All these stocks, then, must he consumed be¬
fore more will be bought; and further,our cotton good^
and many other of our products must be more largelyexported, for the current consumption cannot absorb
despondent friends have been where, and
we
Prices and trade currents must therefore adjust
themselves to these facts, and they are doing it, and it
would seem that the result must inevitably be a favor¬
able trade balance during the next six months, with at
them.
prevailed widely.
"Nor will any one question the correctness of the conclu¬
sion, had the prices for merchandise which ruled at the be¬ least a
tendency for gold to flow to the United States.
ginning of the year continued. T^ith our currency irre¬
An inference may be drawn from the facts with regard
deemable, that continuance was possible ; for then the
to the large stocks of merchandise now held which is not
speculation might have gone on and out with a great dis¬ warranted. Some may claim that if this is true,trade will be
aster like the one which closed in 1879.
Now, however,
we have an
automatic self-regulating currency, so that depressed and every industry unremunerative—there wilk
be a return to the times anterior to 1879.
Many are now
the contest came speedily and directly, face to face, be¬
saying this, but such a belief shows a misapprehension
tween the stocks of domes ic and foreign merchandise we
of the situation.
What do our railroad reports indicate
were piling up here, and the stock of gold. Had we needed
if not an activity in exchanges never before equated
thegoods for consumption the gold would have gone; but
of
a
sentiment which
662
But
we
THE
need not go to
them, for every
CHRONICLE.
knows that
traveling more
than we have for years, we have more
money to spend and
we are spending it
freely, and the railroads and general
carriers everywhere are busy taking the purchases home
for us.
Consumption is already very large and the cura¬
tive process in operation now will increase it. For in¬
stance, the high prices for iron and all building materials
had checked new construction.
Outside of the city
many plans for new houses were withdrawn on account
of the extravagant rates asked.
Through the decline that
has taken place the wheels of this and its many allied
industries will be set in motion again. In a w ord, there
never was a time when the
promise was greater. Manu¬
facturers will not expect the profits of the past year, nor
on the other hand will
they meet with the losses in cot¬
tonwool, iron, &c. Those who have overtraded will not
expect to sell their stocks at the extravagant prices at
which they laid them in, but they will surely
and speedily
work them off at reasonable rate% either
through
this increased home
consumption or through ex¬
port.
Thus we see that the whole situation is fast
redeeming itself, and all the forebodings which of late
have been so prevalent are, like the scare of
gold exports,
passing away.
we as a
187-9
people
The stock
one
over
will be seen,
consumed abroad.
There
the
at
present forty-one cotton-seed oil mills at
South, of which nine are in Mississippi, nine in Louis¬
are
iana, eight in Tennessee, six in Texas, four in Arkansas,
two in Missouri, two in Alabama and one in
Georgia. It
will be
that the number of mills in each State bears
direct relation to the production of cotton in that State.
What is of first importance in
seen
no
locating mills is the availi*
bility of seed, and it is this consideration that has led to
the establishment of so
many mills in the Mississippi Val¬
ley.
The annexed table shows the number of cotton-seed
oil mills in each State, and the
percentage of their capacity
to that of the entire
forty-one mills, as well as each State’s
percentage of the entire cotton crop of last year.
Xo. Oil
Stales.
Mills.
Alabama
2
4
1
9
9
2
Arkansas
Georgia
Louisiana
Mississippi
Missouri
North Carolina
South Caroliua
Tennessee
Texas
Florida
COTTONSEED OIL MANUFACTURE.
The cotton-seed oil
and the
xxxfc
from the preceding year was, as
drawn upon for nearly 400,000 gallons. The
production this year is estimated to be largely in excess of
1878-79, and the increased production will nearly all be
are prosperous—we are
industry, which is now assuming
such large proportions, has found an
interesting chronicler
in the person of Mr.
Henry V. Ogden, of Atlanta, Georgia.
The rapidity with which this product has grown in favor
brought
rvoL.
Total
Percentage of
Percentage of
Production
Production
of Oil.
of Cotton.
2-92
12-40
1074
•89
38-57
15-58
3-00
11-50
13-40
1250
12-60
4-35
7-35
.
.
8
6
--
41
1909
9-21
7-40
17-50
100
—
100-00
1
10000
The seed from many of the States which are small
pro¬
ducers of oil is converted in the mills of other
States; but
it is apparent that the abundance of seed must offer an in¬
profitableness of its manufacture have attracted ducement for local mills in many sections where there
now
wide attention to the subject of late.
This little pamphlet, are none. Texas promises to be one of the largest producers
therefore, is useful historically and practically.
outside of the Mississippi Valley, and it is
likely that the
it seems that there was an attempt to recover the oil
industry will soon extend to the Carolinas. The present
from cotton-seed away back in 1S34, but it was not until
consumption of seed is estimated by Mr. Ogden at 410,000
twenty years later that it was undertaken as a business. tons, but we believe that
figure to be rather excessive.
No considerable success attended its manufacture
up to The yield of crude oil is about 35 gallons to the ton of
1861, yet it met with sufficient encouragement to give the seed, and there is a residue of 750
pounds of cake. Of the
industry a firm footing, upon which it grew rapidly after remainder, 22 pounds of lint cotton is saved from the seed
the close of the war.
on the
average, and the remaing 1,200 pounds are in hulls,
The earlier uses to which the oil was put were mainly which are
employed as fuel or are burned for their ash.
what may be called of an illegitimate character, its first There is one cotton
factory at Little Rock run entirely with
outlet being as an adulterant of more costly oils.
In this cotton seed hulls as the fuel.
form it was largely sold for some years after the close of
The cost of seed to the interior mills is about $8
per ton,
the war, and its manufacture made considerable progress. while the New
Orleans mills have to pay an average dif¬
But here a great change occurred, for the prices of other ference of
$2 per ton for freight., The yield per ton, aside
oils had declined so much that it no longer paid the manu¬ from the hulls
is, at present prices, $16 76. The cake is
facturer to furnish it as an adulterant; hence it became neces¬
exported largely, and is also employed in the form of meal
sary either to find further and more permanent uses for as a feed for stock to a considerable extent at the South.
the product of cotton seed, or to discontinue its manufacture It is
highly commended for this purpose, and it has been
altogether. Out of this necessity grew its present pros¬ demonstrated by Mr. Edward Atkinson that the
greatest
perity ; for the result of it was, it came into use as the sub¬ benefit would accrue to the Southern planters by its use as
stitute for many of the oils of which ,it had
previously a feed for sheep and its conversion, through that process,
been only the adulterant.
into a fertilizer. It is claimed that the extraction of the oil
Its principal outlet from that time became, and still is, from cotton-seed
renders the meal a far better fertilizer
the Mediterranean countries, where it is used by the poorer than it is in its
original form, the presence of the oil
classes instead of olive oil, the most important fat in their
retarding the freeing wof those elements which are of
diet.
It is said occasionally to find its way back to the value to the soil:
United States in the guise of salad oil, but by far the
From the foregoing it is evident that, to the South, this
larger portion of the entire crop is consumed abroad. industry means a very decided addition to the
profitable¬
Its use in this country is almost wholly restricted to
pur¬ ness of its chief production.
Mr. Ogden, however, is a
poses for which lard oil is preferred at the same price, little
extravagant on this point,
In the first place, he de¬
though it is employed to
counterfeit of
crops
olive
some extent as an
salad
oil.
since 1876—77 has been
1876-7
adulterant
distribution
follows
or
of the
:
Crop.
Gallons.
,
...
6,687,000
4,504,000
7,800,000
lxpo
Gallons.
4,457.000
1,816,000
5,750,000
cidedly over-estimates the proportion of seed to lint when
he states that “ every pound of cotton, on an
average, infers
three and a-half pounds of seed.” We think, if he will
inquire further, he will find that in a pound of cotton there
are only
two parts seed to one of cotton.
This error will
very materially reduce his figures as to the possibility of
“
Home
Tear
Ending
Sept. 1.
as
The
Consumption.
Gallons.
1,800,000
2,000,000
1
2,425,000
June
26, 1860.]
expansion of the industry and as to the extent of the
profit to the producer. But if the planter obtains four
cents a pound for his seed and sells two-thirds of his pro¬
duction, and gets the hulls of the sold portion back for
manure, the transaction ought to net a very decided
addition to the profitableness of his crop. But, besides
that, the oil extracted and then the oil cake nets large
returns.
If we call the entire production this year
12,000,000 gallons, at 30 cents per gallon for the oil and
$20 per ton for the cake, the result would be about six
the
6B3
THE CHRONICLE.
presented to the army. In view
of this event, this amnesty movement was quite fitting
and timely; for when the day of rejoicing arrives, and
the whole nation is glad and makes merry, it would not
be in keeping with the spirit of the occasion that any
Frenchman should be languishing in prison, or in exile,
for merely political offences.
and standards will be
■
ROCK ISLAND
RAILROAD.
Chicago Rock Island &
million dollars.
ending March 31, 1880, has just been
Island, as is well known, is one of
THE FRENCH~REPUBLIC AND ~TIIE AMNESTY.
the three roads, all of them prosperous, running from
It is only a few months since M. De Freycinet and
Chicago to Omaha. It thus passes through Northern
his colleagues came into power in France. One of the
Illinois and Southern Iowa, a district which is classed
first difficulties which had to be confronted by the new
the most fertile of the Northwest. By virtue of
Cabinet was the question of amnesty.
Of the deported among
its possession of the Chicago & Southwestern (now Iowa
Communists, a large number, probably three-fourths, had
Southern & Missouri Northern) it also is in excellent
already been pardoned, but some hundreds of the prin¬
position for traffic from Kansas City and other Missouri
cipal offenders were still in New Caledonia. On the River
points, where a large part of the products from the
accession of the De Freycinet Ministry a loud and
rich section west of the Missouri find a market. Its recent
imperious demand was made for complete amnesty.
The ministry, however, was firm. " It would not be acquisition of an interest in the branch of the Hannibal
& St. Joseph, from Cameron to Kansas City, offering a
coerced. Amnesty might come—might come soon ; but
shorter line to the latter city than the route via Beverly
it must come as the spontaneous act of the Government.
over the Kansas City St. Joseph & Council Bluffs, will
It was apparent then—it has been apparent ever since—
increase its advantages for business between Chicago and
that Gambetta was in favor of amnesty.
It has, there¬
Kansas City; and it will be remembered that for a month
fore, for some time past, been a foregone conclusion with
or two the Rock Island has been asking for a larger per¬
all political observers that the last of the exiled Com¬
centage of that traffic from the roads that pool their
munists would soon be permitted to return to France.
The success of the amnesty bill, introduced by the receipts on business between these points.
Aside from the Southwestern business and the business
Ministry and supported by a speech in which, it is said}
received at Omaha from the Union Pacific, the Rock
Gambetta surpassed all his previous efforts, ha9 been a
Island mainly depends ,upon traffic originating along its
feature of the news of the week.
Three hundred and
lines. And this is a constantly-increasing source of rev¬
thirty-three votes, as against one hundred and forty,
enue.
It has not as many branches as the Chicago Bur¬
very unmistakably showed the temper of the Chamber
In Illinois it has none except the
of Deputies. After such a vote in the Lower House, lington & Quincy.
Peoria & Bureau Valley. It does not, therefore, drain
and especially after such a demonstration of strength
the section of country contiguous to its road as
and purpose on the part of the ex-dictator, it is hardly
to be doubted that the Senate, however unwilling it thoroughly as does the Burlington & Quincy, but its
recent policy has been to supply this omission.
During
may be, will yield to the popular sentiment, and give its
the last few years several branches have been built or
consent to the measure.
To the amnesty bill in itself considered, and to the acquired, and others are now in course of construction.
These are all in Iowa, and extend both northward toward
success which is promised to it, we attach but little
the Northwest and southward toward the Burlington &
importance. The political offenders of 1870 who are
still in New Caledonia have but little claim on our sym¬ Quincy. They may be said to have contributed not a
little to the remarkable gain in receipts which this com¬
pathy. They are, for the most part, an abandoned class,
criminals outside of the arena of politics—men whose pany has made during thedast two years. In Illinois no
additions have been made, and it is hardly desirable that
punishment has by no means been disproportioned to
there should be, as the field is already pretty completely
their offences, and whose restoration to France will be
a curse rather than a blessing.
But we cannot overlook occupied, especially by the Burlington & Quincy.
The chief element of strength of this road in the past
the fact that the success, so far, of this amnesty move¬
ment reveals the strength of the republic.
It reveals has been its small amount of stock and debt. A road
also the prudence and moderation which have all along earning from 4 to 5 millions net, with annual obligations
characterized its counsels.
At any earlier stage it for interest, rentals, &c., aggregating less than l£ mil¬
would have been hazardous—it might have been ruin¬ lions, and having only 21 millions of stock, is truly in an
enviable state.
But this condition of things is now
ous—to grant a general amnesty. Now, however, republi¬
changed. The capital stock will hereafter be 50 mil¬
can France is strong enongh to protect herself, if need
lions.
Under the guise of a consolidation with several
be—strong enough to hold in check these unquiet spirits,
branch roads (all of them, except the Iowa Southern &
if the necessity for so doing should present itself. Ten
Missouii Northern—nearly every share of the stock of
years of steady and continuous prosperity have made
which was in the hands of the Rock Island, and there¬
her mistress of herself—giving good promise that the
fore owned by it already—small in size, though big in
present Government is to be permanent.
On the 14th of the coming month of July, the anniver¬ name), 29 millions have been added to the stock. This,
of course, could only be made by a distribution of the
sary of the day which, in 1789, witnessed the fall of the
additional shares, so a stock dividend of 100 per cent is
Bastile—the birthday of liberty in France—the present
now being paid to the shareholders.
How much real
republic is to have her first grand national holiday, when
basis there is for this distribution it is easy to determine.
there will be suitable thanksgivings, rejoicings and
jubilations throughout the entire land, and when, According to the report now before us, the surplus on
according to the programme of proceedings, new colors April 1,1680, including everything held—cash, materials,
The
annual
report of the
Pacific for the year
issued. The Rock
THE CHRONICLE.
B64
[VOL. XXX.
supplies, <&c.—was $8,571,433. If to this we add the The Rock Island is not the exception to the rule. The
$4,230,696 of Iowa Southern & Missouri Northern stock returns of all other roads tell a similar story.
As to the results of the Rock Island’s operations
held in trust for the stockholders by the Treasurer, we
during
luive a total undivided surplus of $12,802,129.
The 1879-SO, they are highly satisfactory, The gross and
stock dividend calls for about 21 millions, so it will be net earnings, which in the previous fiscal year made such
excellent showing, make even a better exhibit this
an
seen that 8 millions of this amount is fictitious—that is,
It represents no outlay or investment.
year.
In 1878-9 there was again of $1,513,963 in gross
The reason for this large inflation of the capital account and $818,604 in net over 1877-8; in 1879-80 there is a
may, we think, be traced directly to the disposition shown gain of $1,651,829 in gross and $935,155 in net over
by the public everywhere to seek to restrict the roads in 1878-9. The following will show the?,company^ opera¬
the percentage they shall pay to their security holders. tions for seven years past.
The Rock Island earned net the last fiscal year, after
Cross
Net
Dividends.
Interest,
Expenses.
Earnings. Rentals, dc.
Earnings.
paying all charges and not including $350,000 received
bom the Land Department, almost 20 per cent on its 1873-4*.
$7,048,203 $3,876,889 $3,171,314
$754,125 $1,659,172
1874-5*...
7,388,635
3,856,330 3,^32,305
755,000
1,678,384
stock. Yet, having, no doubt, a wholesome respect for 1875-6*...
3.655,161
785,000
7,342,189
3,687,028
1,678,384
1876-7....
4,505,202
7,854,567
3,349,365
855.000
2,097,980
the Grangers, it paid but 10 and increased its surplus by 1877-8...,
3,511,357
7,895,870
4,384.513
1,167,325
1,678,384
1878-9....
5.079,872
9,409,833
4,329,961
1,133,580
1,993,085
*1 ,953,979. There being no other way of placing this
11,061,662
5,796,546
5,265,116
1,213,147
2,097,990
sod the surplus previously accumulated in the hands of
Chicago & Southwestern not included in these years.
Its rightful owners, the stockholders, without incurring
It will be observed that the first evidences of any im¬
fhostility, the managers adopted the scheme of augment¬ provement in business appeared in 1878-9. Prior to
ing the size of their corporation, by amalgamating with that time and from 1874-5 on, if we allow for the Chi¬
say 80 miles of branches—in this, of course, we do not cago & Southwestern, whose returns were not included
include the Iowa Southern & Missouri Northern, which, in the Rock Island’s accounts till 1876-7,
there was quite
as said above, was already owned—and
issuing new stock a decline in the gross earnings, though the net earn¬
for the old in the ratio of 2 to 1.
ings remained about the same. Where the increased
We cannot here refrain from commenting upon the
receipts have come from may be seen in the subjoined
'results of the policy of repression now so generally statement of the traffic movement.
The addition that
-applied to the railroads. No sooner does a railroad ad¬ has been made to the mileage operated represents the
duce to a paying basis than it is
thought a fit subject new branch roads, which in themselves, no doubt, add
lor interference.
Those natural rights that are allowed very little to the company’s earnings, but which largely
to obtain in the case of every other class of corporations
augment the business of the main line.
are denied to railroads—we were
going to say to rail*Tons
1879-0
1870-935624
1876-90
..
*
/roads
alone, but
no,
banks also
come
in the
same cate¬
A mining concern may divide 20, 30, 40 per
gory.
•cent without
exciting remark,
a
manfacturing
company
distribute 200, yes 300 per cent, without there
being anything said; but let a railroad pay 12 per cent,
sod who will guarantee that before another year
elapses
attempts will not be made to hamper and cripple it by
restrictive legislation? And yet what good reason is there
that railroads should not be allowed all the profits
they can make, provided these are legitimate, and their
-charges are reasonable. If it is desirable to distribute
the surplus earnings in cash, all well and good ; if it is
thought better to retain the money and use it in making
.permanent additions to the property, then it is perfectly
proper that scrip or stock should be issued to represent
the increased value.
To be sure, a railroad is a public
highway, and we are all interested that it should be
wisely managed, and that no selfish or grasping policy
'be pursued. But it should not be forgotten that it is
also the creature of capital, and that capital is
deeply
“Concerned in its welfare and growth.
Most assuredly, the public have a right to demand
may
Av'gc
Fiscal Year.
Carried
One Mile.
Miles
0per at.
Amount
Received.
Passengers
Amount
Carried
Received.
One Mi'e.
151,864,519 $1,023,27) 44,609,479 $1,713,123
590
612
674
674
674
168.764,688
219,394,094
249,523,401
287,913,578
288,525,696
337,135,683
370,43o,382
510,859,804
686,458*954
699
1,003
1,032
1,125
1.257
4,213,371
4,597,982
5,003,001
5,292,412
5,121,556
5,353.77s
5,575,73:*
6,929,92i
8,035,1 Of
18,540,595
42,382,171
19,186,817
34.804,212
">9,393,515
18,659.516
>2,098,473
>2,811,574
02, 10,900
„
*
*
Iucludes freight carried for company’s use, for which
charged, and which, therefore, adds nothing to the receipts.
It will be
that
1,394,140
1,521,790
1,669,570
1,677.460
1,763.900
2,023,604
1,846,654
1,868,027
2,318,452
nothing is
the
-freight movement has been
more than
doubled since 1876 7. The receipts from
freight in 3 879-80 were not so much in excess of those
for the
seen
,
previous
of those
the rate
received per ton per mile, as the number of tons carried
one mile increased 175,599,150 tons, against an increase
of 140,423,4.2 tons in the previous year.
The pas¬
senger traffic, which previously had been diminish¬
ing, shows a gratifying gain, and in this, no doubt, re¬
flects the improvement in the general condition of the
country. The gain added the handsome sum of $450,425
to the grdss earnings.
The passengers carried by this
moderate and reasonable rates. The interests of the road are almost all way passengers, and the movement
east does not vary much from the movement west, as will
.public and of the railroads are however identical in this
be seen in the annexed tabulation.
respect, and we think the public has reason to feel satis¬
fied with the treatment they have received in the
Passengers Carried.
past. If
one doubts
that, let him examine the following table Fiscal Year. Eastward. Westward.
Total.
Through.
Way.
showing the average amount realized per ton per mile,
4 4,140
1,593,998
784,374
809,624
1,549,858
764.899
34,128
787,660
1,552,559
1,518,431
and per .passenger per mile, by the Rock Island road
36,292
758,219
1,500,960
1,464,668
742,741
since 1S69-70.
To show
1
Fiscal
Year.
Average
per ton per per
mile.
per
X#6<V-70...
ISTO-I
l#7i-2
1072-3
....
....
JL873-4
18*74-5
Average
....
Cents.
2 74
204
2-49
2 29
2-07
1 *92
jxiss.
Fiscal
Year.
mile.
Cents.
4 59
3.84
3 Ol
3*59
3*39
306
1875-6...:
1876-7....
1877-8....
1878-9....
1879-80
..
for 1877-8.
A verage
Average
y>ei' ton per
mile.
j)er pass,
per m He.
Cents.
Cents.
1-91
1*66
1*56
1-43
1-21
2.97
2’94
2 97
297
2-80
year as the latter were in excess
This is entirely due to the decline in
940,012
some
965.406
1.905.418
1,851,544
53,874
of the items that contributed to the
improvement in the freight business, we have prepared
the following two tables. The first embraces chiefly freight
that originates along the road, and the bulk of it is
moved eastward. The second is made up of articles em¬
ployed in improving and developing the country, and
which are mainly moved westward.
THE
Jejune 26, 1880.]
■»
u.
143,612,608
257,639,100
339,415,000
81,225,248
Cattle
Hogs
Ore
and bullion
704,804,333
Merchandise
Lumber, lath and shingles.
Agricultural implements...
767.014,581
63,973,001
51,267,600
Railroad ties
112,134,620
Lime and
cement
834,638.000
281,160,000
Coal
Iron
Stone
149,616,000
the movement
Of course,
298,467,250
63,159,860
65,210,336
181,146,850
175,512,000
43,585,130
1878-79.
Founds.
1877-78.
Pounds.
573,626,776
535,602,350
50,643.970
36,953,600
640,142,705
527,803,220
43,345,840
39,972,400
67,129,790
502,774,000
67,118.000
64,216,000
217,588,050
1879-80.
Founds.
-
496867,616
772,729,384
117,051,456
3,200.945,368
Corn
Oats
198,110,760
339,314,940
302,943,420
Wheat
1877-78.
Founds.
1878-79.
Founds.
1879-80.
Founds.
90,396,530
598,022,000
166,246,000
66,804,000
6(55
CHRONICLE.
moderate scale, and any immediate improvement in H is~
likely to take place. It is understood, however, that & fair
legitimate trade is in progress, almost entirely free from specu¬
lation. This is very satisfactory, as the wild sort of businea*
conducted in the autumn has left behind its effects and influx
There seem, how~..
ences, which are only just disappearing.
Some im¬
ever, to be doubts as to an active autumn trade.
provement is looked forward to, but it is not expected that .
business will be carried on beyond what is actually neceasmy
for purposes of consumption. It is now becoming almost c&~
tain that those connected with agriculture will possess a larger
spending power, and hence the retail trades of our market
a
very
not
eastward has gained more
country towns will exhibit a greater
has been the case for some years past.
any
degree of activity than
Unless there should be
adverse change in the weather, there will be a very satis-
factory yield of agricultural produce, the recent broken.
rapidly than the movement westward, as the following weather having very materially improved the grass, root »rWf
figures, exhibiting the number of loaded cars moved vegetable crops; while it has also been of some benefit to wheafc
each way, will show. It should be said that in 1876-7 planted on light or hot soils. The harvest will probably I» the movement east and the movement west were about rather late, though a hot July and August would quicklyhasten the crops to maturity. At the same time, however
alike.
merchants, as a rule, do not seem inclined to assume a bold
Total.
Westward.
Eastward.
position, and there is an impression in several quarters that,. _
Fiscal Year.
211.115 beyond a steady legitimate autumn trade, there will be no
100,341
110,771
1877-78
242,982
105,920
137,062
1878-79
The present quota¬
294,418 prominent feature in mercantile circles.
134,354
160,064
1879-80
tions for money are as
follows
:
Open-market rates
Per coot.
of freight and Bank
27sd>3
mouths’ bank bills
3
mouths’ bank bills
3 '&>3%
Open-market
rates—
6 months’ trade bills. 3**a>4
passenger per mile has fallen off from *885 to *685 of a
30 and 60 days’ bills
2%@27e
3 months’ bills
2%@27q
cent.
This is certainly a creditable result. In part it
The rates of interest allowed by the joint stock banks aofi
is due to the augmentation in the passenger and freight
discount houses for deposits remain as under :
cent
movement, as every increase in the amount carried
2
diminishes the average cost, but it is also an evidence of Joint-stock banks
Discount houses at call
2%
with 7 or 3.4 days’ notice
:
the economy with which the road is managed. It will
Annexed is a statement showing the present position of tba
hardly do to compare these figures with those for other Bank of
England, the Bank rate of discount, the price of Con¬
roads, as the Rock Island reaches its results in a peculiar sols, the average quotation for English wheat, the price of'
way.
It is customary to give the average cost per pas¬ Middling Upland cotton, and the Bankers’ Clearing Housesenger and the average cost per ton separately, but the return, compared with the three previous years :
1877.
1878.
1879.
1880.
Rock Island regards a passenger carried one mile as the
Circulation, including
£
27,771,197 28,999,42X
post bills.... 26,761,263 29,181,563
equivalent of a ton of freight moved one mile. This is
7,914.051
7,184.754
7,700,652
1 Public deposits
8,869,072 27,866,794 21,126,279
21,138,081
25,034,378
hardly accurate, as it costs two and three times as Other deposits
16,207,691 15,214,859
Governm’t securities. 15.786,246 14,678,635
19,200,556 18,754,247 18,663,592
much to carry a passenger as it does to move a ton of Other securities
19,427,991
11,246,297 13,031,790
Res’
of notes & coin 16,613,783 19,620,017
freight. The average for all is, therefore, higher than Coin and bullion in
both departments.. 28,089,033 33,522,427 23,737,417 25,701,456
it would otherwise be.
However, even as it is, the Rock Proportion
of reserve
44-44
3933
54-73
48*59
liabilities.
Island will compare favorably with most other roads in
2*2
94%,
95%
The average cost
Per cent.
of transporting a ton
—
4
'6
rate
a
4 &
.
Par
Do
£
£
£
Bank
I1
ve
to
this respect.
Cost per ton
per mile.*
Fiscal Year.
*
1-30 cents.
1*12 cents.
1*05 cents.
And per passenger
per
1-110
1-010
0-885
0*685
1876-77
1877-78
1878-79
1879-80
1*45 cents.
1872-73.
1873-74.
1874-75.
1875-76.
Cost per ton
per mile,*
Fiscal Year.
cents.
cents.
cents.
RATES OF
AT LATEST DATES.
EXCHANGE AT LONDON—
EXCHANGE ON LONDON.
June 10.
Rate.
Paris
Paris
Short. 25-31*4 d>25'36i4 June 10 Short.
25-33
25-48% @25-53%
June 10 Short.
25*55
@25*60
Antwerp....
a
June 10
@12-4%
12-4*8
Amsterdam.
@12-3
Amsterdam. Short. 12*2
June 10 81iort.
3 mos. 20-66 @20-70
Berlin
3 mos.
«*
...
a
Frankfort...
Vienna
u
...
*
<•
Copenhagen.
Bombay.... 30 days
June 10 3 mos.
• <
June 10
11-76
47*2@47%
47%@48
52%@52%
June 10 3 mos.
97
257ie
-
....
a
....
Hong Kong..
Is.
Is.
8*sd.
8%d.
....
Shanghai....
....
lFrom our own
June
Juue
June
Juue
10 4
10
10
10
mos
li
u
a
correspondent.]
London, Saturday,
lower rates
Is. S5lftd.
Is. 8»i«d.
3s. 97&d.
5s. 2 *2d.
Bank
Open
rate.
market.
Pr. ct.
Pr. ct.
..
..
..
..
...
Frankfort
..
Vienna
St. Petersburg
June 12, 1880.
6%d.
79,078,000
..
..
2*e@2%
4
4
4
6
2%@2%
2*2@2%
358@378
4%@5*4
2%@3
3 @3*4
2*2®2%
84,092,009
Bank
Open
rate.
Pr. ct.
4
4
market*.
Pr. ct
4
Madrid, Cadiz &
Barcelona
Lisbon &
65b. (ML
Od,
discount at the prin¬
Genoa
Geneva
2*2
3
3*2
4
3 p.e.
p. c.
Oporto
3*s«v4
4
4
6
5%®G
@*4%
4*a®5
4
Copenhagen.... 4@4*a
New York
Calcutta
s,
5
scarcely any demand for gold for export dar¬
ing the week, and rather a considerable amount has been
There has been
Bank of England.
Mexican dollars are rather
present quotations for
Bar
Bar
gold, line
gold, containing 20
Spanish doubloons
sent.
Silver is unchanged in value, bat
cheaper. The following are tbm
bullion:
s.
GOLD.
peroz.
dwts. silver, per oz.
standard.
standard.
per oz.
per oz.
.per oz.
South American doubloons
United States gold coin.
per oz.
gold coin
d.
77 9
a
77 10*2®
74 6 a
73 9 ®
76 3*2®
76
3*4®
S.
dL
....
-•...
75
....
....
....
d.
SILVER.
standard. 525,
containing 5 grs. gold
per oz. standard. 52* lie®
peroz. 50*2 ®
Cake silver
Mexican dollars
peroz., last price. 51% ® ——
Chilian dollars
peroz
® —— Quicksilver, £6 10s. Od.
Discount, 3 per cent.
India Council bills were disposed of on Wednesday at Is. 85&L Bar silver,
Bar silver,
per oz.
fine
the rupee.
The stock markets
week, but,
,
market during the week has been very quiet, and
a slight tendency in the open market towards
of discount. The mercantile inquiry has been upon
The money
there has been
20-50
.
90 days
Lisbon
Alexandria..
Calcutta
1210*2
ti
n
cipal foreign markets:
German
247«@24*%6
a
St.Pelersb’rg
Genoa
Madrid
Cadiz
2065 @20-H9
20-66 @20-70
11*97 *2® 1200
a
Hamburg
25-35
49s. Od.
7iied.
81,489,000
the current rates of
into the
Time.
Rate.
Time.
On-
Latest
Date.
The following are
Hamburg
ON LONDON
EXCHANGE AT LONDON AND
Clearing-House ret’n. 94,653,000
Paris
Amsterdam....
Brussels
Berlin
©irrametxial guglistt
98*8
45s. 7d.
6%d.
Consols
Eng. wheat, av. price
Mid. Upland cotton..
cents
mile.
2 p. c.
97
41s. 7d.
3 p. c.
Bank rate
somewhat irregular during the
the settlement having been arranged without may
difficulties being
have been
made public, a more
confident feeling now pre¬
and there seem
The weather has become much warmer,
to be indications to-day of a period of hot, dry
lated to bring the crops rapidly forward to
vails.
weather, calcu¬
maturity.
THE CHRONICLE
666
owing to its tendency to increased cheapness, and to the greater
desire shown by the banks, in the absence of improved trade, to
lend to the Stock Exchange, has also exerted its naturally
powerful influence on the markets. Investment business, how¬
ever, does not appear to be very active.
Late last night two
failures were regarded as inevitable on the Stock Exchange and
the firms were “ hammered” this morning.
The new Government has introduced a supplementary budget,
and those who entertained the opinion that the advent of
Liberals to power would prove to be a remedy for all political,
commercial and financial diseases, will be disappointed at the
statement made by Mr. Gladstone.
Our wars and our financial
policy have, no doubt, been expensive, and the revenue, even
now, is disappointing ; but the new Government has adopted
the policy of its predecessors, and discovers that extraordinary
expenditure is necessary. It is rather curious that Mr. Glad¬
stone should find it incumbent
tax.
him to increase the income
on
Exported to—
United
States
Uruguay
appealed to the country in 1874, he raised the
of income-tax abolition, and many persons would have been
glad to know what he intended to substitute for it, as the tax is
by no means a popular one. ,It is now to be 6d. in the £1,
but, in order to assist agriculture and encourage the cultiva¬
tion of barley, the duty on malt of 24s. 8^d. per quarter is to
be abolished, and a tax of 6s. on every barrel of beer is to be
substituted. He also proposes to reduce the duty to 6d. per
gallon on wines up to 20 degrees of alcoholic strength, Id.
additional for each degree up to 35 degrees, and 2^d. additional
for each degree above 35, making the duty about Is. 9d. per
gallon on medium Wines, while the wines from 39 to 41
degrees would be rather higher than at present. On
bottled wines the duty will be 2s. per gallon.
The gen¬
eral result of the budget is that £1,100,000 of revenue
is sacrificed by the abolition of the malt tax and £233,000
by the reduction in the wine duties which—with £200,000
supplementary—makes a total addition to the expenditure side
of £1,533,000. On the other side of the account, however, the
additional income tax is reckoned to produce £1,425,000;
increased license duties, £305,000; which, together with the
surplus provided by Sir Stafford Northcote, makes an addition
to the revenue of £1,914,000, thus leaving an estimated
surplus
of £381,000.
Messrs McCalmont Bros, have given notice that they will
pur¬
chase, at par and accrued interest, the outstanding Philadelphia
& Reading Railroad bonds of the issues of 1843 to 1849
inclusive,
which mature on July 1 next.
The Board of Trade returns issued this week for
May and
for the five months jended May 31 are not so
satisfactory as
some of the
preceding statements. They exhibit the follow¬
ing results:
3,021,600
5.263.600
3.760.600
1.413.700
2,362,300
1,842,100
17,065,600
2.712.800
58.379.300
6.200.700
2,400,000
12.900.200
22.118.300
22,422,900
2.366.900
76,915,100
7.832.900
1.717.600
9.192.900
21,654.200
34,548,600
4,727,700
72,181,500
7,999,500
1.464.600
8,481,400
22,059,100
183,173,000
220,023,400
87,901,400
82,644,200
217,007,200
101,914,000
632,300
1,063,800
1,265,700
303.731,400
320,186,900
Hong Kong
Japan
1
3.958.400
3,072,400
2,042,500
2,135,300
Philippine Islands
Gibraltar
Malta
British North America
British West India Islands
Guiana
British Possessions in South
Africa
British India—
955,600
Bombay
Madras
Bengal
Straits Settlements
Ceylon
Australia
Other countries
1878.
„
Imports in
Imports in
Exports in
Exports in
May
£31,02*,763
5 months
May
160,986.751
16,165,075
79.568,762
5 months
The
following figures
May 31:
relate
to
1879.
£27,667,653
144,872,943
16,520,490
74,242,953
the
five
1880.
£30,453,114
173,323,060
17,277,876
89,170,852
months ended
cwt.
1878.
1879.
18S0.
7.287,375
6,698,258
7,019,444
EXPORTS.
1880.
1878.
1879.
Cotton
cwt.
523,681
708,408
788,441
Cotton yarn
lbs. 101,403,700
94,963,800
77,532,50C
Cotton piece goods....yards.l,511,799,500 1,450,922,500 1,729,799,00C
Iron and steel.
tons.
916.705
1,019,000
1.743.33C
linen yarn
lbs.
8,428.800
7,639,200
6,125,000
linen piece goods
yards.
78,239,350
73,434,400
82,365.70C
_
manufactures....yards.
Silk manufactures
£
British wool
lbs.
Colonial and foreign wool.lbs.
Woolen yarn
lbs.
Woolen cloths
yards.
Worsted stuffs
yards.
Blankets <fe blanketing..yds.
Flannels
yards.
Carpets
yards.
47,204,100
761,898
2,145,578
65,413,997
11,657,400
16,928,100
90,811,900
2,485,300
2,714,600
2,515,300
61,076,500
717,491
2,985,660
96,827,300
12,029,500
16,298,400
78,828,700
2,147,100
1,953,700
2,404,800
72.452.50C
774,876
12,061.90C
107,221,237
12,634.30C
17,374.00C
90,698,30C
2,599,90C
1,961,40C
3,434,80C
The
following were the quantities of cotton manufactured
piece goods exported in May, compared with the corresponding month in the two preceding years:
1878.
Yards.
Exported to—
Germany
Holland
France
Portugal, Asores & Madeira.
Italy
Austrian Territories
Greece
Turkey
WeBt Coast of Africa......
United 8tatea
Foreign West Indies
Mexico
..
.
predominating
Grand total
271,706,700
Other manufactures of cotton show
5,939,800
3.645.700
5,939,000
6,383,500
5.545.100
743,100
2.512.100
23,945.800
5,499,300
2,454,000
2.494.700
5.034,800
1,469,000
1879.
Yards.
5,805,400.
4.935.400
4.916.600
4,655,900
4.979,300
*
:
1,486,500
2.612.400
18,868,800
8,011,300
1.649.600
2,288,700
7,384,100
1,140,700
1880.
Yards.
Hosiery of all sorts
244,700
2,019,200
2.906.200
2,506,300
1.882.200
follows:
1879.
1880
80,142
117,900
71,2o4
1,170,020
78,033
1,040,267
125,646
66,205
1,207,465
84,203
75,007
81,751
4,110,178
4,191,025
4,708,915
£
£
lbs.
Thread for sewing
Other manufactures, unenu¬
merated
£
Total value of cotton manu¬
factures
£
Millers have continued to
purchase wheat somewhat spar¬
disposed to accumulate any stock,
to market small supplies, and the
arrivals from abroad are only moderate. The demand is chiefly
for the purpose of supplying actual wants, but holders are not
inclined to accept less money. < The weather has been somewhat
unsettled and some rain has fallen, but the temperature is low
for the time of year and the crops are somewhat backward.
The Continent is still a buyer of wheat at our ports of call,
and this demand enables holders to obtain former prices.
The
crops iu Ireland are stated to be looking very promising, and it
is expected that the yield of potatoes will be very large.
During the week ended June 5, the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to 27,856 quarters, against 49,797 quarters, while it
is computed that they have been in the whole kingdom 111,500
quarters, against 199,000 quarters in 1879. Since harvest the
sales in the 150 principal markets have been 1,209,792 quarters,
against 2,185,212 quarters; and it is estimated that they
have been in the whole kingdom 4,839,200 quarters, against
8,740,850 quarters in the corresponding period of last season.
Without reckoning the supplies furnished ex-granary at the
commencement of the season, it is estimated that the following
quantities of wheat and flour have been placed upon the
British markets since harvest.
The visible supply in the
United States is also given :
ingly, and do not
seem
British farmers continue
1878-9.
1877-8.
1876-7.
36,997,700
6,871,503
43,544,242
6,758,442
31,619,365
5,459,029
37,543,700
29,315,000
31,116,000
81,412,903
79,617,684
63,094,394
1,154,744
1,486,722
1,460,436
755,827
73,568,053
79,926,181
78,157,548
67,333,567
wheat for the season.
46s. Sd.
Visible supply of wheat
in the U. 8
bush. 20,400,000
40s. 6d.
51s. 2d.
52s. l,d.
15,601,000
6,315,000
4,431,000
Imports of wheat.cwt.45,754.883
Imports of flour
7,998,169
8ales of home-grown
produce
....20,969,750
Total
Deduct
exports
wheat and flour
Result
.74,722,802
of
...
Av’ge price of English
The
following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the first of September to the close of last week, com¬
pared with the corresponding period in the three previous sea¬
sons:
IMPORTS.
1879-80.
Wheat
Barley
Oats
Peas
Beans
Indian
Flour
7,998,169
cwt.
wheat
1877-8.
1876-7.
43,544,242
11,013,262
9,024,742
1,3*1,423
2.542,328
25,776.355
31,619,365
11,027,515
8,221,494
1.061,293
3,715,973
26,485,087
6,758,442
5,459,029
1879-80.
1878-9.
1877-8.
1876-7.
1,019,963
27,223
1,377,444
99,031
83,172
15,'93
11,926
380,973
1,396,707
45,935
76,086
18,159
18,898
205,240
63.429
718,899
44,447
84,348
21,911
26,128
410,613
36.928
81,519
87.817
corn
Flour...
The
1878-9.
36,997,700
8,916,158
8,575,725
1,321,163
1,191,914
26,075,163
6,871,503
EXPORTS.
Oats..
Peas
Beans
Indian
cwt.45,754.883
11,555,422
.10,812,026
1,649.348
2,113,921
21.785,855
...
com
3,084.100*
3,095,600
4,057,200
8,262,600 Wheat
3,920,200 Barley
1,935,500
19,709,000
12,466,800
2,045,900
5,768,000
5,270,000
as
1878.
Lace and patent net
1879-80.
imports.
Cotton
Total unbleached or bleached
Total printed,dyed,or colored
Total mixed materials, cotton
5,203,000
13,458,100
2,794,600
4,957,000
10,091,200
189,200
29,803,400
2,867,000
6,919,400
5,571,000
,
Java
1880.
Yards.
1,142,600
3,455,500
3,074,800
958,600
37,870,200
5,508,300
8,007,000
2,838,800
1,159,200
1,893,900
643,300
Argentine Republic
Chili
China and
1879.'
Yards.
3,935,000
14,053,000
1.368.800
4.504.400
2.332.700
4,142,100
23.942.200
2.430.700
Brazil
Peru
1878.
Yards.
of Colombia
(New Granada)
When he
cry
Jute
[VOL. XYV,
42,742
385,852
134,776
109.057
following statement shows the extent of the imports of
VIS.
and flour into the United Kingdom ain/ta b
a
following are the imports at New York for the week
(for dry goods) June 17 and for the week ending (for
countries
September to May, inclusive, together with the
whence those supplies wete derived:
from
2,813,602
5,145,110
3,337,627
1,659,721
1,311,436
1,119,552
61,103
182,596
192,885
482,085
3,651,824
912,226
43,712,100
35,262,519
42,652,515
9,692
6,093
1,332,638
France
Chili
201,072
156,817
356,968
598,755
860
Turkey, &c
1,925,648
Egypt
British India....
Other countries..
Total
22.625,490
20,659,050
1,760,126
$5,892,128 $1,479,948 $7,805,490
133,477,460 143.742,69L 238,869,869
Total s’ce Jan. l.$162,964,647 $139,369,583 $148,222,639 $246,675,359
1,297,470
In our report of the dry goods trade will be found the imports
3,037,033
1,001,633 of
dry goods for one week later.
The following is a statement of the exports (exclusive of
29,539,677
specie) from the port of New York to foreign ports for the
From—
1879-80.
Cwt.
Cwt.
Cwt.
Cwt.
..
Prev.
reported.. 156,780,389
June 22:
week ending
1879.
1878.
1877.
1830.
.
$6,836,094
$5,851,520
$5,711,029
For the week....
Prev. reported..
THE WEEK.
NEW YORK FOR
EXPORTS FROM
841,907
1,476,461
827,533
264,111
222.706
United States.... 5,330,136
Brit. N. America
264,218
Other countries.. 1,277,720
1876-77.
1,207,680
696,874
728,347
Germany
1877-78.
$6,184,258
Total week
978,007
165,973
787,232
FLOUR.
1878-79.
$1,439,291
6,366,199
3,476,160
5,214,392
5,257,630
1880.
1879.
$1,003,788
$677,736
$926,628
Dry Goods
General mdse...
FOR THE WEEK.
1878.
1877.
6,224,314
12,701,426
995,505
2,281,247
5,985,594
7,062,860
Russia
3,957,181
United States... .28,301,628
Brit. N. America 3.006,034
Germany
2,210,861
IMPORTS AT NEW YORK
Cwt.
Cwt.
Cwt.
Cwt.
From—
FOREIGN
1876-77.
1877-78.
187S-79.
ending
general
merchandise) June 18:
WHEAT.
1879-80.
667
CHRONICLE.
THE
1880.J
June 20,
$9,781,293
145,144,191 176,652,246
1,350,282 Total s’ce Jan. l.$129,506,293 $164,239,546 $15 L,930,235 $183,433,539
1,855,436
The following will show the exports of specie from the port
6,684,609
5,255,752 of New York for the week ending Jane 19, and also a com¬
Total
7,823,127
6,704,780
Annexed is a return showing the estimated value of the parison of the total since Jan. 1, 1880, with the corresponding
cereal produce imported into the United Kingdom since har¬ totals for several previous years:
June.
vest, viz., from September to May, inclusive:
16—Str. Gen. Werder
London
.’....Mex. silv. dots. $18,000
1876-77.
19—Str. Germanic
Liverpool
Mex. silv. dols.
10.460
] 877-78.
1878-79.
1879-80.
Hamilton
Eng.g’d (sov’ns)
2,364
£17,110,216
19—Str. Bermuda
Wheat
£25,624,972 £17,375,461 £25.845,003
France
Barley
5,230,290
3,633,356
.°
Oats
corn..
Total....
1,440,202
256,988
146,897
3,531,785
2,696,794
4,792,878
4,243,769
3,157,019
Previously reported
6,521,798
6,577,829
6,126,601
7,931,022
4,564,730
£49,062,705
£36,382,457
£49,607,274
£38,845,104
estimated payments for cereals this
season, compared with last year, is about £12,400,000.
Wheat
and flour alone are computed to have cost us £32,200,000, against
£22,675,000 in 1878-79.
in
our
English Market
daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
London Money and Stock Market.—The bullion in the Bank
of England has increased £638,000 during the week.
Mon.
June
21.
'. 52Ui6
.** 989ie
Consols for money
98916
Consols for account.... 98%
98 %
.1051s
105is
U. 8. 5s of 1881
.112
U. 8. 4%s of 1891
112
.110%
U. 8. 4s of 1907....
110%
383s
Erie, common stock
3838
.106%
Illinois Central
106!4
52%
Pennsylvania
52%
Philadelphia* Reading. 9%
9 4*
.131%
New York Central
131%
.
.
.
.
Tues.
June
22.
Wed.
June
23.
Thurs.
June
24.
52%
5238
52%
52%
98916
999i6
987i6
989l6
989,6
981%6
98%
105%
112%
110%
38%
106%
52%
9%
133
98%
1053s
112%
110%
40%
106%
52%
9%
134
105%
112%
110%
39%
106%
53
9%
133%
105%
112%
1103a
Fri.
June
25.
52%
989,0
98i%e
105%
112%
11038
109%
54%
Sat.
d.
Mon.
8.
d.
0
14 0
9 10
9 7
9 11
10 1
Wheat, No. I,wh.l00 lb. 9 10
Spring, No. 2...
Win ter, West.,n.
Southern, new.
Av. Cal. white..
California club.
“
“
“
“
“
9 7
9 11
10 1
9
7
9
7
10 1
10 1
Corntmixed,We8t.#cnt’i 5 2% 5 3
Wed.
Tues.
d.
d.
8.
8.
13 6
13 6
9
8
9 9
9 5
9 6
9 9
9 10
9 11
10 0
9 2
9 2
9 11
9 11
5 2
5 2%
9%
134
8.
d.
6
8
5
9
11
2
13
9
9
9
9
9
9 11
5 2
8.
Pork,West. mess.. #bbl.58
Baoon, long clear, cwt..35
Short clear
“
36
Beef, pr.mess, # tierce.61
Bard, prime West.
cwt.37
Cheese. Am. choice “ 61
d.
0
0
58 0
35 0
58
35
0
0
61 0
37 0
0
36
0
60 0
d.
0
6
6
0
0
0
8.
36
61
37
58
Wed.
8.
57
36
37
61
37
56
d.
0
0
0
0
9
0
57
36
37
61
37
52
Tues.
d.
Mon.
d.
PetTeum, ref. # gal.6%®7
74*
PetTeum, spirits “ .. 9 .... ®
®
..
Wed.
Thurs.
d.
d.
7%®7%
and
Exports for the
“
d.
0
0
6
0
6
0
“
“
584
coin..
11,724
4,100
coin..
coin..
coin..
250
2,600
1,000
1,420
1,028
Gold bars
Gold dust
.Am. silv. coin..
Am. gold coin..
560
$35,576 gold)
($2,622,965 silv. and $1,749,438
$107,836 silver and
$5,344,181
12,870.140
7,300,601
$6,886,935
2,449,467
2,736,732
743,124
1875
| 1874
2,173,7291
1873
1872
following table shows
21...
22...
23...
24.,.
25...
Total
1871
1870
1869
1868
$3,179,957
7,176,325
9,597,838
3,938,413
the receipts and payments
at the
the balances in the same,
Payments.
$
$
1,716,147 88
1,293,988 21
762,492 64
1,325,603 02
844,434 32
745,463 66
964,492 97
926,108 23
781,793 77
2,067,050 50
6,526,965 38
0,295,447 36
745,329 78
649,.507 76
Gold.
$
88,976,404 09
89,402,167 42
89.160.089 92
89,416.839 99
89,733,903 31
88,391,008 12
Currenoy.
7,907,748
7,350,370
7,691,418
7,653,831
7,613,368
7,671,007
83
69
85
97
92
38
The Devereux Roads.—The Cincinnati Gazette says that in
getting control of the C. H. & D. lines, and adding them to
svstem already under his control, Gen. Devereux comes into
tne select list of presidents who control over 1,300 miles of
®
Fri.
..
..
®
lines.
.
Week.—-The imports of last
week, show
merchandise.
The total imports were $7,805,490, against $11,945,215 the pre¬
ceding week and $7,316,695 two weeks previous. The exports
for.the week ended June 22 amounted to $9,781,293, against
$10,802,522 last week and $9,240,630 two weeks previous. The
•
For. gold
.Am. 6ilv.
Am. gold
For. gold
Balances.
7%®8
8%
.
week, compared with those of the preceding
decrease in both dry goods and general
a
Colombia..
Venezuela
Receipts.
@0mmcrciaX and3|lisccn<m cents 21 curs.
Imports
47,224
45,686
the
8%
84
..
101
900
.
Sub-Treasury in this city, as well as
for each day of the past week:
Fri.
8.
23
25,000
Dutch West Indies. .Am. silv.coin..
June 19...
Thurs.
d.
8.
57 0
36 0
37 0
61 0
37 6
54 0
81
193
10
460
,
18—Str. Claudius
The
Fri.
d.
13 6
9 7
9 4
9 8
9 9
9 2
9 11
1
5
8.
London Petroleum Market.—
Sat.
d.
17-Str. Colon
U. S. of
17—Str. Bahama.
17—Str. C. of Merida
“
Tues.
0
17—Str. Atlas
Colombia.. ..For, silv. coin..
For. gold coin..
British West Iudies.Gold bars
.Am. silv. coin..
Mexico
Am. gold coin..
For. silv. coin..
Am. silv. coin..
West Judies
“
Mon.
8.
d.
$468
Am. silv. coin..
Am. gold coin..
For. silv. coin..
For. gold coin..
..
U. 8. of
16—Str. Ailsa
1879
1878
1877
1876
Liverpool Provisions Market.—
Sat.
periods have
$143,412
gold) .. 4.372,403
Tot. since Jan. 1, ’80 ($2,730,801 silv. and $1,785,014 gold) ..$4,515,815
Same time in—
I Same time in—
Same time in-
55
Thurs.
17,187,680
14,688,489
48,123,293
this port for the same
Cuba
14—Str. Santiago
Previously reported
Liverpool^Breadstuff* Market.—
Flour (ex. State) $cent’l. 14
June.
Total for the week
special report on cotton,
Liverpool Cotton Market.—See
8.
imports of specie at
$44,730,418
1871
1870
1869
1868
been as follows:
-
41%
109%
41
gold). .. 4,347,086
and $2,073,474 gold) .. $4,377,910
Same time in-
Tot. since Jan. 1, ’80 ($2,304,436 silv.
Same time inSame time in$48,926,443
1879
$11,054,663 1875
28,408,596
1878.....
8,542.832 1874
27.803,131
1877
19,176,838 1873
36,637,644
1876
28,485,391 1872
The
$30,824
$2,364 gold)
($2,275,976 silv. and $2,071,110
Reports—Per Cable.
The
Sat.
June
19.
$28,460 silver and
Total for the week
429,827
1,332.432
562,143
972,599
8 151,031
The increase
123,795,264 158,433,026
3,232,503
445,552
414,343
6,618,822
5,299,700
643,356
831,104
Peas
Beans
Indian
Flour
2,557,143
202,158
1,601,784
3,919,632
are as
The systems
follows :
and mileage under his
control at this time
555*41
471*70
341*03
Total miles
1,368*14
—The attention of bankers, brokers, merchants and dejpositors
generally is called to the official statements of the followingnamed banks, in oar advertising columns, to wit: Metropolitan
National Bank, Americad Exchange National Bank, Third
National Bank, Continental National Bank, National Bank of
Republic and the National Bank of the State of New York.,
These institutions all shew great strength in their resources
New York Pennsylvania
C. C. C. & I. system
C. H. & D. system
and undivided
* Ohio system
profits.
.
668
THE
22..44883——TThhee
CHRONICLE.
—Messrs. Kuhn, Loeb & Co. have placed on the market an
of $3,000,000 6 per cent Chicago Milwaukee & St. Paul
Bail road bonds, secured by a lirst mortgage on the Chicago &
Pacific Division of the road, principal payable in 1010, and
interest semi-annually in New York on Jan. 1 and July 1 of
each year. The Chicago & Pacific Road is already in opera¬
tion from Chicago to Byron, Ill., a distance of 90 miles, and
8sue
its connection with the Chicago Milwaukee & St. Paul
system will have a total length of 146 miles. Its completion
will give the Chicago Milwaukee & St. Paul Road the great
advantage of two direct lines to Chicago. Included in the
mortgage which these bonds cover is a bridge across the Mis¬
sissippi Kiver, now building, the cost of which is estimated at
upon
$700,000 to $800,000. The total issue of bonds will
amount to $20,000 per mile of completed road, or, including the
bridge, to only $15,000 per mile. The Chicago Milwaukee & St.
Paul Company has paid dividends since its existence at the rate
of 7 per cent on the preferred stock, and for 1879 divided 6 per
from
common stockholders.
The gross earnings of the
in 1879 amounted to $10,012,819, and after paying
operating expenses and interest on the bonded debt there
remained a profit for the year of $2,251,617. Messrs. Kuhn,
[Votu XXX.
3?hje JB ankers' (Samite.
NATIONAL BANKS ORGANIZED.
The United States Comptroller of the Currency furnishes the
following statement of National Banks organized the past week:
Watsontown National Bank, Watsontown, Pa. * Authorized
capital, $60,000; paid-in capital, $60,000. Silas Rombach,
President; George W. Rombach, Cashier. Authorized to com¬
mence business June 17,,1880.
First National Bank ef Marengo, Iowa. Authorized capital,
$50,000; paid-iu capital, $50,000. J. H. Branch, President;
C. Baumer, Cashier. Authorized to commence business June
21, 1880.
DIVIDENDS.
The following dividends have recently been announced:
Name of
Company.
cent to the
company
Loeb & Co. offer this loan at
103^ and accrued interest to date
of delivery, and will receive public subscriptions until the 30th
of June, but reserve the right to withdraw the loan at an
earlier day without notice. Subscriptions will also be received
by the Deutsche Vereinsbank, of Frankfort, where the bonds
will be placed on the Stock Exchange, thus giving the pur¬
chaser the advantage of an international market.
—We call attention to the advertisement of Blake Brothers &
Co. of $2,500,000 Union Pacific Railroad collateral trust bonds,
bearing 6
per
cent interest, and maturing in 1908, principal and
interest payable in gold.
The bonds are direct obligations
of the Union Pacific Railroad Company, and are specially
secured by the deposit in trust with the Union Trust Company,
New York, of the first mortgage 7 percent bonds of the Colorado
Central Railroad Company, the Omaha & Republican Valley
Railroad Company and the Utah & Northern Railroad Company,
all branches of the Union Pacific Railroad Company, and are
issued to the extent of eighty per cent (80 per cent) of the par
value of the bonds so deposited. The difference between the
bonds deposited and those issued by the Up ion Pacific Railroad
Company forms
-
sinking fund to be applied to the redemption
of the Union Pacific Railroad Company bonds bv purchase, or
drawing at 105 per cent. The Colorado Cent. Railroad Company
7 per cent mortgage bonds are issued at the rate of $15,000 per
mile, the Omaha & Republican Valley Railroad Company at the
rate of $10,000 per mile, and the Utah & Northern Railway
Company at the rate of $12,000 per mile. The net earnings of
these several roads are said to be more than enough to cover all
fixed charges, and the business is rapidly increasing. The bonds
are
a
offered at 105 and interest.
South, and now opens his New York house with every advan¬
tage given by a thorough experience. Special attention is
given to business in “ futures,” and orders for the purchase or
sale of securities
on
Southern account
are
also executed.
—Coupons are payable by Messrs. R. T. Wilson & Co., in this
city, on the East Tenn. Virginia & Georgia, East Tenn. & Geor¬
gia and Knoxville & Ohio Railroad Companies, on and after
July 1, 1880.
:—The St. Paul Minneapolis & Manitoba Railway pays its
coupons, due July 1,1880, on the first mortgage bonas; also on
the $700,000 mortgage bonds of the St. Paul & Pacific, at the
banking house of J. S. Kennedy & Co., 63 William Street.
Messrs. Jesup, Paton & Co., 52 William Street. N. Y., will
pay the coupons due July 1st inst. on the Chicago & Alton and
other important lines, a list of which will be found in our ad¬
vertising columns.
—
BANKING AND FINANCIAL.
_
E3P As
a
good paying Investment
•
we offer
tlie
FIRST MORTGAGE BONDS
NEW YORK WOODHAVEN & ROCK AWAY RAILROAD COMPANY
Interest Seven per cent per Annum,
Payable January 1 and July 1, in New York City.
TOTAL AMOUNT OF ISSUE,
due in
1909.
$1,000,000
-----
Of which amount less than one-half remains unsold.
This road will be completed
by June 1, and will control the entire
railroad travel from New York to
Rockaway Beach, where the finest
eea-side resort in the world is then to be opened to the
public.
The running time from New York to
Rockaway will be but twenty-fi's e
minutes, and the road and its appointments are of the highest character
We offer these bonds at 106 and accrued interest.
Investors
can
Books Closed.
(Days inclusive.)
$10
$5
Chicago Iowa & Nebraska
Chic. R. I. & Pac. Railway (quar).
Milford & Woonsocket
Norwich & Worcester
Philadelphia & Trenton (quar.)...
United New Jersey (quai.)
Banks.
Bank of America
Bank of New York, N. B. Ass’n
:
Importers’ <fc Traders’ National..
Irving National
Leather Manufacturers’ National.
Manufacturers’ Nat. (Brooklyn)..
Marine National
Market National
Mechanics’ National
Merchants’ Exchange
Merchants' National
1
July 1
July 5 July 4 to Aug. 4.
July 1
July 6
July 10
July 10
$2
5
2*2
2*2
*312
..
Bowery National
Central National
East River National
Hanover National
July
National...
Metropolitan National.:
Murray Hill
National Bank of Commerce
National Broadway
National Butchers^ & Drovers’...
National Citizen’s
Ninth National
North Kiver
People’s
Phenix National
8t. Nicholas National
Third National
Insurance.
Hamilton Fire
Miscellaneous.
Wells, Fartro A Co
4
5
4
312
312
7
4
5
312
31-2
4
4
3
312
5
3
4
8
312
312
312
3*2
312
.
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
1 June 23 to July
1 June 23 to July
1
1 Juue 24 to July
1
1 June 22 to June
1 June 20 to June
1 June 18 to June
1 June 26 to June
...»
1
1 June 22 to July
1 June 23 to June
1
1
1
6
1
6
1
1
1
1
1
1
1
3i2
312
July
July
July
jJuly
July
5
July
4
.Tnlv 15
3
1
7.
5.
5.
30.
30.
30.
30.
1
30.
June 20 to June 30.
June 19 to June 30.
Juue 26 to
June 20 to
juue
July
July
1.
6.
22 to June 30.
June 26 to June 30.
JuDe 23 to June 30.
June 22 to July
1,
1
1
Juue 20 to
July
1.
July 1 to July 15fc
FRIDAY, JUNE 25, 188^—5 P. UK,
Money Market and Financial Situation.
The prin¬
—
cipal development of the week has been the Democratic nomi¬
nations for President and Vice-President of the United States.
The event has taken place which we remarked last week was
greatly to be desired—namely, the choice by both political
parties of hard-money candidates as their nominees for the
Presidency. It must now be fairty admitted that neither partv
dared to entertain the idea of going before the country with
any other than a sound-money candidate, and there has been
no period since the crisis of 1873 when the elements of inflation
and consequent repudiation have been so
conspicuously
snubbed and ignored as in the recent political movements at
Chicago and Cincinnati. So much for a general view of the
political situation, with which the business interests of the
country are- intimately and vitally connected whenever the
tariff, currency, banking, inflation or the maintenance of public
credit are questions involved in the result of the canvass.
The tone in the financial markets is decidedly strong, and the
money market being very easy, there is a good demand for all
sorts of investment securities.
There has been a preference
lately for gold bonds, and this has possibly been stimulated
a little by the reported offer by a German
banking house a
short time since to pay
of one per cent for the option to call
$1,000,000 gold at any time within one year. Whether any
such offer was definitely made in good faitn is a matter of little
importance, but the fact that it was commonly reported and
talked about may be taken as representing to a certain degree
the current of feeling in Wall Street as to the ultimate effect of
the $2,000,000-a-month
of the
Principal
Wlien
Payable.
Railroads.
Boston & Lowell
Tlie
—Attention is called to the card of Messrs. J. P. Billups &
Co., cotton commission merchants, 74 and 76 Wall Street, New
York. Mr. Billups, the head of the firm, has long been iden¬
tified with cotton interests at Mobile and in other parts of the
Per
Cent.
000 francs in specie.
The last statement of the New York
banks, issued June 19, showed
obtain full particulars and information at
our
office.
FISK & HATCH,
No. 5 Nassau
silver law
Were that law off the
book, there would be no reason to anticipate a future
premium on gold; and whether or not the law is repealed by
Congress next winter, it is now evident that either party then
in control will be in a stronger position to vote its repeal than
they have been at any other time since it was passed.
Money is at the easiest figures, and 2 per cent is a common
rate for call loans on Government collateral, while 2@3 per cent
is quoted on stock collaterals.
Prime commercial paper is in
demand at 4@5 per cent.
The Bank of England weekly statement, on Thursday, showed
a gain of £638,000 in specie, and the reserve was 52%
per cent,
against 50 15-16 the previous week. The discount rate remains
at. 2% per cent.
The Bank of France showed a gain of 23,600,statute
Street, New York
a
City Clearing House
decrease of $‘29,250 in the
legal reserve, the total surplus being $16,977,625, against
$17,506,875, the previous week.
'
The following table shows the changes from the previous week
and a comparison with the two preceding years.
Junk
THE
26, 1880.J
Loans and
..
Net deposits
103-4
Inc
.
Legal tenders.
Legal reserve.
Reserve held.
6,518,200
19,296.900
20,156,200
226.177,000
43.859,400
19.909.900
205.384.100
$51,346,025
278,146,700
22,064,300
Inc.
Dec.
$69,536,675
Inc .$1,629,550
Inc. 1,100,300
$56,544,250
63,156,300
67,536,600
$529,250
$6,612,050
$16,190,575
86,514,300
Dec.
$16,977,625
Surplus
157,000
Bonds.—There has been a
United States
52.466.900
Amount.
908,000 6s of ’81
458,800 5s of ’81
40,000 6s of '81
lows
prices
:
reg.
coup.
reg.
coup.
6s, 1880..
6s, 1881..
6s, 1881..
rieg.
5s, 1881..
5s, 1881..
4%s, 1891
41*8. 1891
4s, 1907..
4s, 1907..
6s, cur’cy,
6s, cur’cy,
6s, cur’cy,
6s, cur’cy,
6s, cur’cy,
coup.
reg.
coup.
reg.
coup.
189 3.. reg.
1896..reg.
1897.. reg.
1898.. reg.
1899.. reg.
’81
’81
’81
’81
103-43
10710
103-45
103-40
’8f
’81
York Board have been as
June
22.
June
Juue
19.
21.
June
23.
June
24.
fol-
June
1, 1880.
Highest.
Lowest.
$12,969,000
1023* Jan. 13 104% May 20
104% Jau.
7 107% May 26
102 34 May
5 104% Apr. 28
106% Jau.
2 llii%M.«y 2u
Jan.
103
2 109% June 7
125
Apr. 21 126% Fel). 17
168,540,350
291,978,050
170,298,800
527,921,400
64,623,512
25.
since January 1,
Range since
bonds
:
Total
Deduct amount due from
Northern Pac.
pref.
Ohio Central..
Do
Ohio A Miss...
Do
pref.
Puciflc Mail...
Panama
Phil. ARead’g
St.L.A.A T.H.
ern
& Son sold the
following at auction
:
Shares.
South¬
13%®13%
Manf’g Co
$1
& Canada
RR
forced sale will real¬
them
debt
German-American Ins. Co.152
142 The Sussex
50 Ocean
30
Railroad and miscellaneous
Do
Do
HS% 90% 90% 91%
17% 17%
10% 17
34% 35%
34
35
$3,500,000
8,000,000
V 800,000
1,500,000
$13,800,000
1,000,000
$12,800,000
Transportation Co.
RR
interest.,
22
112%
121% 121%
79% 80%
104% 1049
104% 105
93
939
93% 94
108% 100
109
109
108>
107% 108% 108
*30% 32% *.... 82V
65
57
50% 66V
*20%
112
132
35
30
0
O
0
105%
93%
17
17%
34% 35%
90%
75
37% 38%
37%
38%
18”
17%
19”
17%
18
17
29
28%
73%
38% 39%
^38%
hl|% 19%
18%
*17%
44% 45% 45% 47% 40%
34
33% 33% 32
3J4
40
45% 45% 45% 45%
48%
34%
47
70
41%
70
41%
41%
74% 74% 74)4
75
75%
07
70
39%
74%
1%
89%
40
6%
94%
94
19V
93
18
18
30% 379
105% 105V
08% 71
35% 87
105% 106
105% 100
59% 0*% 02% 09
a*
tr*
<4
73%
0%
93%
18
29%
29)4
29% 29
28
27% 27%
27
25% 20% 20
49%
49
49% 49
48% 48%
47% 49
21% 21% 21%
21% 21% 21% 21% 21%
32
«3% 31% 32%
29% 31% 31% 33%
.2
72
74
72
00%
59% 60
25
128% 128 128% 128% 129” 128% IS
128%
129
40
38% 39% 89% 4094
39%
60
05
0:i% 04% 05% 60*
04%
..
69
40
39%
32%
71
39
27%
18%
40% 47%
34%
72
42
75
2
89
18%
21
58
47%
34%
47%
"2%
40%
21
21
21%
83%
32%
32%
71
39%
39
19
if* it*
21
58
48
* 39%
& w*
34%
47% 47%
48
75
72% ♦70
42%
78%
1%
2
88% 89%
70
.
49% 50
185
*40
47
72
42
75
21%
"
28%
28% 29
27
2794
49% 50
asked: no sale was made at the
at 88%.
ex-div. at 104%(ail04%.
Total sales of leading stocks for the week
and the range in prices for the year 1879
to date, were as
41
70
42%
70%
89**
Sales of
Range since Jan.
Week,
Lowest.
Shares.
Canada Southern....
Central of N. J
Chicago & Alton
Chic. Burl. & Quincy
Chic. Mil. & St.P....
Do
do pref.
Chic. <fc Northw
Do
do pref.
h
*Chic. Rock T. & Pac..
Col. Cbic.& Ind.Cent.
Del. & Hudson Cana!
Del. Lack. <fc
Western
Hannibal A 8t. Jo...
Do
do pref.
Illinois Central
Lake Erie A Western
Lake Shore
Louisville & Nashv..
Manhattan
Michigan Central....
Missouri Kau. & Tex.
Morris A Essex
Naahv. Chatt. A St. L.
N.Y. Cent.& Hud.Riv
N.Y. Lake E. &We8t.
Do
do pref.
Northern
Do
Pacittc
pref.
Panama
Phila. A
Reading
St.L.Iron Mt.&South.
St. L.ife Sail Francisco
Do
l>o
pref.
1st pref.
Onion Pacific
Wab. St. L. A Pacific
Do
Western
do pref.
Union Tel..
ending Thursday,
1, 1880.
Highest.
Range for
1879.
Year
Low.
High
74% Jan. 14 454 78%
904 Mar. 8 33% 89%
1004
75
Mar. 29
2
116
Jan.
565 -99*2
134%
111%
Jan.
26
152
2
June
3,717 113
34% 82%
66% May 25 8” % Mar. 27
150,047
Mar. 29 74 4 1024
1,815 99 May 10 107% Mar. 31 49% 94%
87% May 11 97
40,300
108
Feb. 10 110% Mar. 23 76%
2.455 104
150%
June 8 119
204
11
100%
June
20,735
28
5
Jau. 26
25%
9*2
May
H
23.150
89%
38
Mar.
30
86%
60
May 25
17.150
94
22
!
43
Mar.
94%
68*2 May 25
140.H20
134 41%
Feb. 24
42%
22% May 25
24,3'O
70%
Feb. 24 34
76
15,700 63% May 25
Mar. 31 794 1004
99*2 Jail.
2 11 •
11,405
28%
116
2014 May 11 38% Mar. 4
27,083
108
Mar.
4 67
111%
Juue
2
95
121,345
89%
35
86% Jan.
8 164% Apr. 2 35
2,910
72%
Mar.
16
57%
24
May 18
59,210
734 98
Mar.
5
95
75
May 17
35,114
5% 354
Jan. 27
43.270 28% Mav 25 494 Feb. 28 75% 104%
1,790 100 May 24 110% Mar. 5 35% 83
21,900 47% June 1 128
139
Mar. 31 112
37,500 122 May 11 137
Feb.
2 21% 49
48%
1
30
June
307,528
37% 78%
47
May 25 73% Feb. 2
10,600
40%
16
Jan.
14
t
*
36
7,100 20 May 11 60 Jan. 13 * 444 65
3*3(3 May 24
6,409
74 33%
Mar.
6
64,775 23 May 25 44% Mar. 8 10% 39%
62
32,586 27% May 17 190 Apr. 13 123
182
168
Jan. 2
3
72% Jan.
17%
11
June
12.270
56
Feb. 17
66
22,695 34% May 25
53
Feb.
2
48
25% May 11
1.550
60%
Mar.
8
604
33
May 11
3,625
78%
Mar.
9
83%
60
May 11
1,000
95
80
May 11 97% Jan. 19
12,574
Jan. 27
48
26% May 25
18,225
514 May 2 5 72% Jan. 27
37,400
Feb. 24 88% 116
864 June 2 116%
75.278
3,700
115,210
Lowest price is here for
t Range from Sept. 25. J
*
Board.
and from Jan. 1, 1880,
follows:
Ohio A Mississippi..
Pacittc Mail
60
0
90% 92
17% 18
00
100% 107% io0%id6i
29% 91V
30% 81
107% 108V
107% 109
124% 124V
124
125
31% 32% 30% 32
SIM 83*
58% 60
24%
128% 128%
3s% 37%
02
02%
72
72% 71
17% 17%
74% 75%
78% 80%
34% 34%
74% 74% 73
72
These are the prices bid and
+ A sale was also made ex-div.
* Sales were also made
Stocks.—The stock market
stockholders to keep their
105
105
58
19%
28
n
:%
2
2
88%
88
88%
90 x88% 89% 36 J, 89% 35% 30% 5)0
37
37%
37
30%
30%
37
Wab.St.L.A P. 35% 35%
00
00
60% 00% 60%
05
00%
05%
65
00%
Do
104% 106
pref. 03% 04%
104% 105% 104% 105% 105% 100%
West. Un.Tel. *105% 106' xl04%05%
Sutro Tunnel.
Union Pacific.
outside support. The
political outlook,
together with the large railroad earnings and the immense area
of the growing crops, all tend to give a support to the market
for railroad stocks and bonds. It is to be regretted that the
Philadelphia & Reading statement can not be earlier issued by
the Receivers, as the whole situation of the coal roads is in a
measure kept in suspense until the Reading affairs are under¬
stood and until a plan is adopted for the reorganization of the
company. According to the English idea, an assessment of the
stock for the benefit of the debt is the only practicable method
pref.
1st prf.
3t.P.ASiouxC.
Do
pref.
and
(limited)...
N. Y. Providence & Boston
has been decidedly strong with a good
abundance of money and the rather healthy
to enable
pref.
Do
St.L.I.M. A So.
St.L.A S.Fran.
Southern State bonds are
railroads
Shares.
63 Chicago
pref.
Do
Highest.
estimate:”
19%
*20
«
S* is5
74
9%
0%
9
0
72
72
20*
21% 22
*109% 111
122
122
78% 70%
104% 10494
93
94%
109% 109%
107% 108%
32% 32%
54
50
30% 32%
30% 3*5%
N.Y.Ont. A W.
Jau. 1,1880.
On $5,000,000 general mortgage
On miscellaneous collatei-als, wliieh at
ize more than the amount borrowed upon
For supplies, unsecured
To railroads
25
104%
104
92
108
N.Y.C. AH. K. 127
N.Y.L.K.A W. 37'
Under the present
little inducement to
push further the repudiation idea at the South, and it is to be
hoped that any further “readjustments” will not be attempted.
Tennessee should now swing into line and meet her bondholders
with fairness.
Railroad bonds are very strong, and, under the demand for
investments prior to the July payments of interest and divi¬
dends, prices are pushing up sharply.
The following estimate of the floating debt of the Philadel¬
phia & Reading is made in Philadelphia, and we give it as an
A. H. Mailer
119% 120%
76% 79%
NewCent.Coal
and prices are very firmly held.
aspects of the political issues, there will be
Total floating
19%
03% 04%
29
*20
*
Lowest.
R&ilroad Bonds.—The
19%
108
Mor.A Essex.. 105
Na.sh.Ch.AStL 58
in demand
“
19%
108
10518 105% 105% 104% Apr. 15 106% Jan. 12
112
112% 109% Jan. 2 1124 June 21
112
111% May 31
IIP4 xlO% 1103s i0(>4 Jan. 2
U. S. 5s of 1881
U. 8. 4%s of 1891
U. 8. 4s of 1907
State and
18%
25
Mur.AC.lst pf
Do
2d prf.
Mich.Central,.
MobileAOhio.
Mo.Kans. A T.
$3,064,000
56,681,500
196,870,650
79,701,200
211,513,300
London for three weeks past
1880, were as follows:
June June
18.
11.
18
25
Manhattan....
1880.
Closing prices of securities in
the range
72%
62
04% 04% 04%
104% 104 104% 104% 104%
Illinois Cent.. 104
29
2 m 29% 31%
Lake KrieAW. 28% 29
100% 107%
Lake Shore.... !04% 1057% 105% 100%
122%125
120
120
Loulsv.ANash *120 120%
Coupon.
Registered.
62
Friday,
June 25.
74
44
74
43
66
74%
41% 41%
55% 50%
62% 03%
74
555* 05%
72%
Wedncsd. Thursday,
June 24.
June 23.
Hous.ATex.C.
since January 1, 1880, and the amount
outstanding June 1, 1880, were as fol¬
Range since Jan.
Tuesday,
June 22.
94%
93H 93
108% 108% 109%
107
108%
C.R.l.AP.new 104% 106% 32
32%
81%
Ch.St.L.AN.O 30
55%
Chic.St.P.&M. 51% 53% 53%
71
72%
70
Clev.C. C. A I. 70
10%
17
16
1
Oh
Col.Chic.AI.C.
71
72%
Del. AH.Canal 70% 71
70% 78%
Del.Lack.&W. 75% 77
34% 35%
35
Han. A St. Jo.. 34
Do
pref. 74% 71% 73% 75
made at the Board.
Amount June 1,
Monday,
June 21.
74
41
74
41
Dist.Tel.
Atl.APac.Tel.
Canada South.
Cent.of N. J..
Cent. Pacific..
Ches. AOhio..
Do 1st prf.
Do 2d prf..
Chic. & Alton,
Chic Bur.A Q.
Chic.M.ASt.P
Do
pref
Chic. AN. W..
Do
pref.
Am.
*1014 *102
A J. *1013*! *1014 *1014 *101%
*104 4 *105
*104%
*10434
*1044
A J. *104%
*
1 u3 41 *10418
*104
A J. *103%' *1034 *I0;>34
*107% *10718
107
*106
34
& J. *106% *1064
*103% *10338
-Feb. *L034 *1034 *1034 *103%
103% *103% *10338
-Feb. *l03q *103 4 *1034
*
*109% *10950
-Mar. *1095* L09% *109% *109%
*109% *109 5g
*109%
*109%
*109%
-Mar. *10958
107 4 *1074 10734
*1074
107%
-Jau. *107%j
*108 34 *108%
-Jan. *108%' 1084 1084 *1084
*123
*123
*123
*123
*124
A J. 1*125
*123
*1244 *123
*123
*124
& J. *125
*123
*1234 *123
*123
*124
& J. 1*125
*123
*123
*124
*123
*124
& J. j* 125
*123
*124% *123
*123
*124
& J. *125
The range in prices
of each class of bonds
lows :
6s, 1880
cp.
6s, 1881
cp.
5s, 1881
cp.
4%s, 1891..cp
cp
4s, 1907
6s,cur’ncy.reg.
of
of
of
of
of
of
Price•
106 99
103-35
Saturday,
Juue 19.
$2,000,000
bid: no sale was
This is the price
*
®4 6
the New
Interest
Periods.
6s, 1880..
100,000
5,700
104-95
at
6s
5s
5s
6s
5s
5s
75,000
10,000
10,500
107-10
6s of ’80
11,000
The closing
-
103-39V&44
100,000 5s of ’81
25,000 6s of ’81
50,000 5s of ’81
Desc'pVn.
Amount.
114,000
105-03
10710
103-48
107 09
6s of ’80
cou¬
the Treasury
in the amount
The
Desc'pVn. Price.
$92,000
was
fair business in
this week, and at the close to-day the
pon fours of 1907 are quoted at 108% bid. At
purchase on Wednesday there was a falling otf
of bonds offered, the total reaching only $3,151,450.
awards made by the Treasury were as follows:
Government bonds
dividend of 1% per cent
Elevated has been active
borrowed $100,000 to
pay the July guaranteed dividends on its leased roads, and also
that the $4,000,000 Metropolitan second mortgage bonds were
not all placed.
Michigan Central has been among the strong
stocks, and the cause of its decline to near 75, when Lake Shore
so firmly held, a month ago, is not very clear.
The daily highest and lowest prices have been as follows:
Rock Island has declared a quarterly
the watered stock. Manhattan
and weak, on a report that the company
on
.$6,809,400 $255,901,600 $234,713,700
15.069,700
64.450.000 Inc. 1,257,300
12,400
19.694,900 Inc.
Specie
Circulation
June 21.
previous week.
dis. $286,075,100
1878.
June 22.
1879.
Differ’nces fr’rn
1880.
June 19.
669
CHRONICLE.
40
45
new
May
May
stock, sold for flrst time June
Range from July 30.
11.
railroad earnings and the totals from Jan. 1 to
given below. The statement includes the f^roeti
earnings of all railroads from which returns can be
The columns under the heading “ Jan. 1 to latest date” furnish
the gross earnings from Jan. 1 to, and including, the
mentioned in the second column.
_
The latest
latest dates are
obtained.
period
670
THE
CHRONICLE.
-Latest earnings reported.—, /—Jan. 1 to latest date.Week or Mo.
1880.
1879.
1880.
1879.
Ala.Gt. Southern.May
$44,145 $30,438
120,558
78,953
Atch.Top.&S. Fe.4th wk Apr 172,500 133,389
Atl. & Char. Air-L. April
52,916
52,816
Atl.&Gt. West.... April
394,161
330,812
Atl. Miss. & Ohio. April
143,099 118,113
Bur.C.Rap.&No..2d wk June
35,519
25,454
Burl.& Mo.R.in N.3d wk Apr.
49.123
40,861
&
Cairo
St. Louis.May
34,683
18,902
Carolina Central.April
28,032
26,780
Central Pacific...May
1,731,000 1,579,591
Ches. &Ohio
May
196,551
178.824
Chicago & Alton .1st wk J’ne 140,058 101,382
Chic. Burl. & Q...April
1,260,319 1,018,755
Chic.Cl.Dub.& M.4th wk Apr
16,833
8,175
Chic. & East. Ill..2d wk June
19,843
15,747
Chic Mil. & St. P.3d wk June 185,000
185,773
Chic. <fc Northw..May
1,794,700 1,433,365
Albany & Susq ..April
*Cliic.8t.P.&Min.2d wk June
Chic. & W. Mich..2d wkJune
Cin. Ham. & D...April
Cin. & Springf. ..2dw7kJune
Clev. Col. Cin. & 1.2d wk June
Clev.Mt.V. &Del.4thwk M’y
Del.&H.Can.. Pa.Div.. Apr.
Denver & Rio Gr 3d wk June
Denv.S.P’k&Pac.May t
Det. Lans. & No. .2d wk June
25,467
13,056
197,048
15,218
75,559
11,462'
98,331
72,334
20,536
19,725
23,269
10,582
170,140
15,174
58,069
13,145
88,942
25,237
44,354
20,738
16,021
247,297
192,698
29,241
18,977
85.412
148,816
73,479
25,978
158,318
223,903
Dubuque&S.City.lstwk J’ne
Eastern
April
Flint & Pere Mar.2d wk June
Gal. Har.& San A. April
GrandTrunk.Wk.end.J’nel2
Gr’t Western. Wk. end. J’ne 11
Hannibal&St. Jo.2d wk June
Houst. & Texas C. April
95,264
193,676
92,768
41,431
247,807
IllinoisCen. (Ill.).May
Do
(Iowa).May
Indiana Bl. &W..2d wk June
Int. & Gt. North.. 2d wk June
Iowa Central
March
K. C. Ft. S.&Gulf. 1st wk J’ne
497,134
129,720
26,940
20,677
89,581
Kan8.C.Law.<fcSo.4thwk M’y
15,665
130,128
N.Y.&N. Engl’d. 1st wk J’ne
Northern Central.May
Northern Pacific .May
333,643
1,738,629
8,275
53,604
20.859
139,524
33,307
2,211,011
1,372,755
92,451
163,220
6,749,539
1,041,888
2,927,057
5,095,021
156,058
6,412,320
664.351
1,837,501
4,177,968
201,225
485,112
5,157,000
151,349
352,896
6,737,313
3,800,239
5,567,245
629,830
499,742
351,488
270,639
367,975
1,660,917
174,136
391,575
954,234
940,789
505,51S
338,210
863,906
676,874
273,760
1,330,149
147,001
375,949
180,309
428,091
359,152
697,551
481,697
3,710,566
1,820,091
837,455
873,325
2,068,289
579,035
653,583
225,800
637,928
157,706
465,544
326,749
271,742
164,744
170,218
106,441
3,338,083 2,282.960
264,626
176,765
1,881,091 1,175,645
968,256
829,836
880,550
732,840
220,263
118,593
13,089,001 11,135,145
5,836,709 5,034,099
1,519,213
510,498
130,188
108,312
62,099
1,142,539
2,876,222
373,283
231,845
1,794,602
494,392
151,529,
450,613
119.033
530,335
4,693,302
3,243,368
leading drawers of sterling exchange have
to 4 86 and 4 88%, and on actual busi¬
about 4 85% for 60 davs’ sterling and 4 87/4
Cable transfers are 4 88. The very heavy exports
given a new
anticipated.
The following were the rates of domestic exchange on New
York at the undermentioned cities to-day : Savannah,
buying
selling x/i premium; Charleston, buying % premium, selling
xzi premium ; New Orleans commercial, 100 premium, bank,
250 premium ; St. Louis, par; Chicago, 25@50c.
discount, and
Boston, 9d. discount.
Quotations for foreign exchange are as follows :
gold
Sixty Days.
Prime bankers’ sterling bills on London.
Good bankers’ .and prime commercial...
Good commercial
Documentary commercial
Paris (francs)
Antwerp (francs)
Swiss (francs)
Amsterdam (guilders)
Bremen (reichmarks)
Berlin (reichmarks)
$4 81
®$4 87
X Guilders
3 84
4 74
3 96
® 3 88
® 4 78
® 4 00
® 15 80
60
ex. Doubloons.. 15 55
®15 65
Fine silver bars
1 1512® 1 16
Fine gold bars....
par®i4 prem.
Dimes & 12 dimes. — 9934® par.
Sian’h Doubloons. 15
..
3,000,000
1,000,000
129.735048
Fulton
Chemical
Merch’nts’ Excli.
Gallatin Nation’l
Butchers’&Drov
Mechanics’ & Tr
Greenwich
Leather Man’f’rs
Seventh Ward...
State of N. York.
American Exch..
Commerce
Broadway:.
Mercantile
Pacific
Republic
Chatham
Irving
Metropolitan
....
Citizens’
Nassau
Market
St. Nicholas
Shoe * Leather..
Corn Exchange..
Park
85*42>4 86
85
84
83
25
25
®4 85*2
®4
®4
®5
®5
84^
84
20!%
205®
23%®5 20
4 S7j4®4 8SI2
4 87 ® 4 88
4 87 ®4 8712
4 86i2®4 87
5 1?38®5 1318
5 1938S’5 18is
5 193s®5 1712
40ifi
40is®
9434
9434
9434
94%
95
95
95
95
Silver 14s and 128
Five francs
Mexican dollars.
Do uncommerc’l
®
®
®
®
4014
9538
9538
9539
9538
99 %® par.
92
® — 95
89
® — 91
87
® — 88
English silver... 4 76 ® 4 82
Prus. silv. thalers
68 ® — 69
Trade dollars.,
99
® — 9912
New silver dollars — 99 % w par.
—
•
—
—
—
—
3.304,000
4.457.400
Fifth Avenue....
Total
313,2ou
14.544.600
3.185.100
912.100
851.700
140,400
28.000
66.800
944,900
I5.735.600i 3.408,500
7.964,00(7 1,780,000
510.000
2,554,000
4.349.500
906.300
13.065.000 2.355,000
9,039,600 2.488.900
1.309.000
173.700
1.368.400
27.000
1.268.600
14,400
200,000
750,000
Germ’n Americ’n
Chase National..
742.000
5.939.200 1,138,000
21.800
.1.511,200
3.019,000
839.000
19,172,900 4.282.800
2,000,000
300,000
750,000
500,000
1,000,000
300,000
250,000
300,000
2.331.400
3,000,300
100,000
1.538.800
172.900
677,100
231.300
*
892,000
Inc.
$6,809,400
Inc.
1,257,300
1
Dec.
1
Specie
following
^
"
“
15....268,538,800
22....276,194,400
29
273.429,900
Dec.
0....273,101,100
13.... 275,750,100
“
“
20....278,098,100
27... .277,584,200
1880.
3
Jan.
276,706,200
“
“
“
Feb.
“
400
6.885.500
5.364.500
3.671.300
506,a00
75.000
6.125,401'
2,792,000
155,000
12,040,300
154.600
164.200
505,000
322.500
2,049.100
558,100
44,500
1.100
267,000
792,266
1.169.100
12,037.700
300.800
3.345 600
667,700
2,533.000
1.267.200
954,000
892,900
2.C41.300
831.500
3,029.900
701,600
254,000
51,11X1
143,000
198.200
33o,306
90.300
203.300
663.000 11,317,000
1,421.300 10,103,400
598,000
4.155.500
398.800
3.282.500
275.900
2.147.100
346.200
3.859.100
342.800
3.593.400
109,100
1.310.200
167,000
581.900
180,000
2,700
.
475,100
36.600
585.000
450,000
1.370,100
898.200
180,000
1,1255,666
45,000
5,400
2.204.300
7,083,100
2,045,100
336.600
1,453.000
238.400
183.800
83.100
80.100
800,000
434,000
12,239,000
45.000
1,800,600
2,162,000
113.000
108,000
344.700
265.500
153.000
980.700
266,500
3.900
1 881.100
429.700
1,908.800
3,291.000
450,000
3.100.100
450,000
4,600
0,075,300
781.700
1,391.600
3.519,000
20.723.500
2,128.800
55,600
17.671.90C
132.400
932.800
111,000
850.200
1,007.000
215,000
504.500
683.500
15.112.500
8,219,000
602.200
411.700
13.526,800
10,018.500
88.700
291,000
363.400
143.600
153.300
63.700
975.500
1.127.000
1,418.900
180,000
1,081,000
534,600
635,200
2,906.000
4.773.100
353,300
223,600
810,000
1,485,000
45,000
105,000
450,000
799.000
268,500
225,000
180,000
2,038,100
3.217.300
1.509.200
154,800
157.00C
I
a
follows
are as
Net deposits
Circulation
the totals for
are
Loans.
1879
$
Nov. 8... .270 076.S0O
••
495,000
6.406.400
506,000
444.300
i’he deviations from returns of previous week
Loans and discounts
The
$
9,943,000
325.400
327.40C
60,475,200 286,075,100 64,450,000 22,064,300 278,146,700 19,694,900
series of weeks past:
I j. Tenders. Deposits. Circulation.
$
$
$
33.823.800 23.480.900 231,927,700 22,341,500
42.992.800 22,585,800 239.201.200 22,475,700
50,006,700 18.985.200 250,297,300 22,550.400
52,310,700
54.771,000
54,069,400
50.842.900
48.638.200
:
Inc. $6,518,200
Inc.
12,400
Specie.
10,771,700 247,195,500
14,073,200 247,030,100
13.403.900 247.559.200
12,543,400 240,118,600
12,089,700 242,062,200
23,024,800
23.255.100
23.463.800
23.651.900
23.732.900
Agg. Clear.
*
772,150,134
870,002,059
942,922,708
779.955.847
850.846.848
722,603,389
666,418,518
586,014,073
48.252.100 12,723,500 242.087,100 23.748.600
10....270,110,100 51.473.500 14,097,800 246,095,600 23.812.900
17....276,990,900 53.558.600 15.914.200 253,731,900 21.635.900
24....280,068,600 51.832.200 17.143.500 257,483.700 21.662.900
31.... 283.194.500
50.312.800
18,586.000
7....290,381,600
52.994.600
54.740.500
59,©87,200
57.413.300
58,055,000
57.927.900
55.440.100
54.773.800
53.669.300
10.437.900
14.... 290,445,200
259,675,900
264.404.200
267,128,100
271,601,000
604,197,943
657,695,200
787,728,198
743,125,031
21.529.900 772,270,895
21.683.200 720,978,130
21.599.600 683.453,357
16,686.000
15.505.500
21.282.200 795,314.114
14,168,000 271,012,800 21,174,000 725,419,855
12.130.400 271,483,400 21,002,100 895,014,025
11.652.400 270,381,000 20.967.100 827,801,840
11.555.100 264.538.200 20.975.800 748,481,804
11.272.500 260,340,500 20.995.200 644,453.907
April 3 ...290,639,500
10.847.500 259.306.800 20.981.600 771,019,67o
10....288,470.900 52.023.600 11.935.900 256.267.800 20.987.900
810,774,89g
17....284,250,800 50,050,800 13,866,000 253.519.800 20,843,000 849,817.40o
24... .278,886,200 48.983.600 15.432.100 248,896,700 20.612.800
720,947,84a
May
280,430,300 49.400.500 17,014,000 252.572.200 20.646.200 697,435,05?
8....281.137.700
53.391.500 17.257.100 258,323,000 20.572.900 760.386,509
15....278,574,200
50,278.000 19,229.300 261,075,900 20,498.400 867.632,049
oo
oro o-n ann
aai onn
oi pp.q *nn
56.831.900
21,e69,500 258,325,700 20,304.000 759,515.33?
59,271.700-122,547,400 202,762,600 20,238,100 795,990,67q
June 5... .270,056,000 61.109.000 21,934,800 266,839,000 20,059,900
039,330,13?
12 ...279,265,700 63,102,700 22,221.300
271,628.500 19,082,500 737.534,53q
19....286.075,100 64,450.000 22,004,300 278,146,700 19,094.000 610,148,24?
Note.—With December 27 the Grocers’ Bank disappeared from the list.
“
“
21....290,091,200
28.... 293,545.600
Mar.
6.... 297.135,500
13.... 297,250,900
“
20.... 294,4(7,400
“
27.... 290,866,700
“
“
“
QUOTATIONS IS BOSTON.
Bid. Ask.
BOSTON.
117
Tcpcka 1st m.7s
do
land grant 7b 115
do
do
12<i
d *
6b
Boston & Providence 7*
Burl. & Mo., land grant 7s.. .
do
Nebr. 6s
Ex
do
Nebr. 6s
Conn. * Passumpelc, 7f, 189. ,
eastern, Mass., 4*8, new. ...
,
do
7b
Fort Scott & Gulf 7s
dariford & Erie 7s
dan.
do
8TOCK8.
105
122
’.14K 115
108)6 109
:oi% 102}*
no*
94* *05
106 H
39M
City Top. & W76,1st
do
7s. Inc..
39%
116*
K. (Tty Lawrence & So. 4*... 87)6
Kaa. City. St. Jo.&C. B. is.
111)4 1115*
Kan. < l y St. Jo. & O. B. In.
8)
&
Little R’k
Ft. Smith, 78,Ibt 100
103
.\ew York & New Eng. 7b.
non'
100
Ogdensburg * Lake cn. Sg.
.
..
.
U8X
Vermont & Mass. RR.,6s
,
1*2
113
do
6s
Boston & Lowell 7s
Bid. Ask.
Old Colony, 68
ill
Omaha * S. Western, 8s ....
Pueblo & Ark. Valley, 7s...., 112
Rutland 6s,1st mort
92)6
Vermont * Canada, new 8s.,
2d 7b
117
land Inc. Ss..
Soston * Maine 7s
ooston « Albany 7s
8BCUBITIE8.
Old Colony, 7b..
Atch. &
Fitchburg RR., 6s
:
—
2,224,000
3,200,000
County..
501.600
2.619,000
299.300
217.200
426.700
439.600
2.433.600
1,500,000
2,000,000
500,000
240,000
250,000
Bowery National
N. York
106.200
212,000
1,216,000
2.184,309
400,000
Mech. Bkg. Ass’n
North River
East River
Fourth National.
Central Nat
Second Nation’l.
Ninth National..
First National..
Third National..
N. Y. Nat. Exch..
195.200
131.500
640.700
4,106.000
5.681.900
439.200
420.900
380.000
732.700
635.500
1.858.800
300.000
Importers’ & Tr..
102.000
17,300
7.345.900
2.712.500
11,621.000
500,000
Oriental
Marine
558.200
313.500
5.483.900
3.515.300
2.146.800
5.773.600
3.235.800
1.343.500
2.362.300
1,000,000
1,000,000
Continental
793.500
12,714,1.(10
11.415.600
412,500
700,000
1,000,000
500,000
3,000.000
600,000
1,000,000
500,000
500,000
Hanover
3.372.400
1.428.500
980,000
989.700
2.810,000
900.500
3.572.500
450,000
People’s
North America..
293.500
3.798.600
4,036.800
1,000,000
1,000,000
300,000
200,000
200,000
600,000
300,000
800,000
5,000,000
5,000,000
1,000,000
1,000,000
422,700
1,500,000
Net dept’s
Circula¬
other
tion.
Legal
Tenders. than U. S.
$
1,912.000
2.681.100
1.651.100
1,131.000
668.300
1.461.400
546.000
5,694.600
350.700
3,074,000
8.145.800
3.107.600
1.581.600
U,722,50C
1,000,000
1,000,000
600,000
300,000
—
Demand.
quotations in gold for various coins
Sovereigns
Napoleons
X X Reichmarks.
4
4
4
4
5
5
5
39583)
9414”®
9414®
94%®
9414®
Hamburg (reichmarks)
Frankfort (reichmarks)
are
;
8KOTTBIT1X8.
June 25.
Specie.
9,983.000
6.285.600
7.768.200
6,496,000
4,364.700
8.474.400
2,000,000
2,050,000
2,000,000
2,000,000
1,200,000
City
Tradesmen’s
“
49,037
are
following
Union
America
Phoenix.
“
for demand.
of produce, both present and prospective, have
turn to affairs, and no shipments of
are now
The
f
New York
Manhattan Co...
Merchants
Mechanics’
Legal tenders
360,(536
and
discounts.
13,023,248
again reduced their rates
the rates
Capital. Loans
596.299
518,254
Includes North Wisconsin.
t Mileage last year was 85 miles, arrainst 147 miles now
1 Since June 1, 1880, includes earniugs of the N. O. Mobile & Texas.
ness
Average amount of
Banks.
482,260
*
Exchange.—The
€Ity Banks,—The
following statement shows
the condition of the Associated Banks of New York
City for tlx e
week ending at the commencement of business on June
19, 1880.
250,310
144,511
47,089
44,806
329,788
317,568 1,796,597
207,700 201,195
648,762
Ogd.&L. Champ.2d wk June
12,573
9,064
188,271
Pad.&Elizabetht.May
27,812
19,405
149,016
Pad. & Memphis.. May
13,338
11,271
81,442
Pennsylvania
May
3,417,916 2,708,695 16,212,595
Peoria Dec. & Ev. May
40,800
167,412
Philadel. «fe Erie.. May
311,470
264,409 1,443,774
Phila. & Reading. March
1,457,322 1,041.142 3,836,720
Pitts. Titusv. &B.April
55,700
41,704
167,593
Ports.GtF.&Con, April
17,354
8,654
Rensselaer & Bar. April
164,598
110,586
547,521
St.L.Alt.&T.H. ..2d wk June
25,316
14,779
561,975
Do
(brchs).2d wk June
10,870
7,629 * 278,170
St.L. Iron Mt.&S. 2d wk June
92,000
81,683 2,464,159
St.L. & San Fran. 3a wk June
41,700
20,800 1,068,488
8t.Paul& Duluth.May
57,715
50,002
206,147
8t.P.Minn.& Man. May
281,899
268,657 1,194,594
8t. Paul&S. City..2d wkJuue
22,656
22.204
603,709
Soioto Valley —3d wk June
4,576
3,912
128,006
Texas & Pacific ..2d wk June
26,347
20,000
rol.Peoria<fc War. 2d wk June
30,200
21,171
604,213
Union Pacific... .11 dys May 640,000
518,000 5,896,997
Wab. St.L. &Pac.2d wk.luue 271,287
122,624 4,854,325
Wisconsin Cent... 1st wk Apr
22.044
15,338
Wisconsin Valley. 4th wk Apr
9,711
4,744
108,919
New York
1,265,994
23,365
20,584
54,506
13,192
14,357
10,814
14,690
77,513
Lake Erie* West.2dwk June
23,538
Little Rk. & Ft. S.May
21,471
Louisv. & Nash v.2d wk Junet 139,400
.
$164,089
4,357,948
2,101,519
1,036,132
1,077,384
2,278,917
631,870
445,332
18,107
Minn. & St. Louis.2d wk June
13,105
Mo.Kan.&Texas.3d wk June
77,337
Mobile & Ohio
3d wk June
26,270
Nashv. Ch.& St.L. May
158,839
N. Y. & Canada .April
56,126
N. Y. Cent. & Hud.May
2,540,998
N.Y. L. Erie & W. April
1,643,151
$243,946
441,934
2,277,500
300,113
1,687,859
637,343
900,585
659,521
fVoij. XXX,
Atchison & Topeka ..
...x
120
At hi o i & Nebraska
80
Boston & Albany.
145)4
Boston ALowel.1
05
Boston* Maine.
120
1£6X
Boston & Providence
Cheshire preferred
Chic. Clinton Dub. & Min
77% 77%
Cin. Sandusky A Clev
13)4 13*
Concord
Connecticut River
m
Conn. & Pa8sump8lc
62
Eastern (Mass.)
3d)4 36K
Easters (New Hampshire)...
Fitchburg
1 122
Fort Scott* Gulf, preferred
.
do
common.
K.C. Law. * Scuthern.Ex.R
Little Rock A Fort Smith....
Manchester * Lawrence
...
35«
30
671
THE CHKONJ OLE.
1880. j
June 26,
AND BONDS IN NEW YORK.
Bonds and active Railroad Stocks are quoted on a previous page. Prices represent the per cent value,
QUOTATIONS OF STOCKS
U. S.
BONDS.
STATE
Bid.
SECURITIES.
Alabama—Class A, 2 to 5
Class A, 2 to 5, small
Class B, 5s
Class C, 2 to
SECURITIES.
59
Louisiana—7s, consolidated
7s, small
Michigan—6s, 1883
7s, 1890
Missouri—6s, due 1882 or ’83
58%
...
86“
5
Arkansas—6s, funded
7s, L. Rock & Ft. Scott iss.
76, Memp. & L. Rock RR .
7s, L. RP.B.& N. O. RR.
7s, Miss. O. & R. R. RR...
Central RR.
7s, Arkansas
Connecticut—6s
Georgia—6s
78, new
7s, endorsed.
7s, gold
110% 113
.
New
110
..
102
102
102
Illinois—Cs.coupon, 1879...
War loan
44
•
108
t
108%
108%
New
j
North Carolina—0s,
309
no
112
108
t
6s, old, A.A O
No. Car. RR., J. A J
do
do
do
i
i
...
T
i860
do
1808
New bonds, J. A J
do
A.A O
.j
i
108%
los
A.A O
off, J. A J.
off, A.A O.
coup,
coup,
Funding act,
1
_
_
.
....
Rhode
.
»
t
N. Y.
-
Albany L
Boston &
Susquehanna
N. Y. Air L.,
..
pref
§41
....
§62%
•
§19
124
117
Chicago & Alton, pref....
Clev. A Pittsburg, guar..
Denver A Rio Grande ....
Dubuque & Sioux City....
....
•
•
•
•
1st So. Minn. div.
•
•
§32
•
Coupon gold
Metropolitan Elevated...
Peoria Decatur A Evansv..
Pitts. Ft. W. A Chic., guar.
do
do
spec’l.
Rensselaer A Saratoga ...
Rome Watertown A Ogd.
St. Paul & Duluth
do
do
pref
04“
.
96
114
165
113
163
§27“
Central Arizona Mining..
Central N. J.Land Imp...
Climax Mining
Colorado Coal A Iron
Consolidation Coal of Md
Cumberland Coal A Iron..
Deadwood Mining
Excelsior Mining
Gold & Stock Telegraph..
Homestake Mining
La Plata Mining
Leadville Mining
Little Pittsburg Mining .
Mariposa L’d A Mining Co
do
do pref
Maryland Coal
do
pref
•
....
•
Kansas Pac.—
....
W.— 2d mort.
with cp.ctfs
1st m., 6s,
105%
*103
*
*
109*
Bost. A N.. Y
.
.
.
Income bonds
1
[Chic.
115%
100%
Albany &
§2%
§5%
§2%
32
do
do
115%’
114
118
7s, equipment
Evansv. A Crawfordsv.
Flint A Pere M —8s, I’d
i
Stock
Galv. Hous.A
1st, 7s, Id. gr., not guar...
1st, ex. 1. gr.,7s
j
*
....
Rens. A
....
Grande—1 st,1900
1st cons. 7s, 1910
Erie—1st mort.; extended..
2d mortg., ext’n 5s. 1919.
do
....
3d mortgage, 7s, 1883
4th mortgage, 7s, 1880
5th mortgage, 7s. 1888
1st cons, gold 7s, 1920
§17%
36
*
*
*
....
—
Long Dock bonds
Buff. N.Y.& E, 1st m.,
-
120
120
do
do
* 19“
1st, con.,f,
cp.,7s
2d,con.,f.cp.,5s,0s
Han. & St. Jos.—8s, conv...
Hous. A Tex. C.—1st, m. l.,7s
Istmort., West. Div., 7s..
1st mort., Waco & N., 7s„
2d C., Main line, 8s
....
225“
2d Waco & N., 8s
Inc. and ind’y, 7s
114
11
55
jj
-
do
do
•
,
.
1
.
95 A
1
122
106%
i
...
107%
....)
102%
t
-
r
!
-
»
109
*120% 12 i !
*115
'15%
118
do
m.
m..
m..
do ‘
3d
Cleve.A Pitts., consol., s.f.
do
4th mort...
Col. Chic. A I. €., 1st con..
do
2d con...
do 1st Tr’t Co.ctfs.ass.
do
do 2d
ass.
do 1st
do
suppl.
St.L. Va.AT.H., 1st g.7s,’97
do
2d 7s, 1808
2d gtd.Ts, ’98
do
Rome Wat. A Og.—Con. 1st.
St. L. A Iron Mount’n—1st m
2d mortgage
104%!
104%
110
1916
N.Y.L.E.AW.,n.2d,con.,6s *88%
*
§5%
206
113
10
Saratoga, 1st,coup
1st, reg.
Denv.& R.
§ 16%
....
1st con., guar
do
32%
RR—
.'”1 Pennsylvania
Pitts.Ft.W.A Chic., 1st
2d
Indianapolis A St.L.—1st, 7s
2d mortgage
Indianup.<x Vine.—1st,7s, gr
Kansas A Nebraska—1st m.
2d mort
Long Island—1st mortgage.
Midland of N. J.—1st, 7s, g.
Income, “A ”
do
B ”
N.Y.AGreenw. L.—lst,7s, n.
do
2d
.
N.Y. A Oswego
120
Br., 1st mort ...
Cairo A Fulton, 1st mort.
Cairo Ark. A T., 1st mort.
109%| St. L. Alton A T. H.—1st m.
....( 2d mortgage, pref
Arkansas
83% 84%
109% no
109% no
107
110
j
!
127%
120
:120
112
j
124
I
....
....
....
99
107
107
85
100
85
103
100
75
15
109
....
105
105
95
....
no
80
18
108% 110%
100
80
80
46
105
60
25
108
50
13
7
84
17
105
90
90
55
107
70
30
no
60
15
9
.ii§
20
3
1%
3%
70
70
32
15
75
75
38
10
20
....
115
105%
102
105
71
74
Branch
*
i
02%
118
i N.
(Brokers' Quotations.)
STATES.
Carolina.—New 4s
97
100%| 100%! So.Carolina—Con., 0s (good)
New imp’t cons
H03
102%i 103
Texas—6s,
1892
M.AS.
Hll%
110 !
7s, gold, 1892-1910 ..J.A J. HI 2%
lOl
7s,
gold,
1904
J.AJ42%
120
115
|
? 103% 104
j Virginiar-New 10-40s
.
..
Past-due Coupons.—
10
40
10
87
§5
§26
•
•
•
•
>00
105
!12%
U3%
43%
20
.
..
20
93
,..
i
Tol.Peo.AW.—
i
RAILROADS.
130
Pur. Com. rec'pts, lst.E.D
130 1
129
75
74%! 1st mortgage, W. D
Ala.AChat.—Rec’rs ctfs.var 103
Burlington Div
62% (
Atlantic A Gulf—Consol....
1st
100
no
I
pref. inc. for 2d mort.
69%
f
Railroad Bonds.
|i
100
80
69
j lstpref. inc, for consol... 92%
Stock
Int. & Gt. North. 1st 6s,gld.
Wab. RR.—Mortg. 7s of ’79.
105
409l Charl’te Col.A A.—Cons., 7s
*112
Shore—
Lake
Stock Exchange Prices.
T.AWab., 1st ext.7s
93
108% no
2d mortgage, 7s
106%
Mich S. & N. Ind., s. f., 7s.
1st St. L. div.7s,ex mat.cp.
95
....1
*109
101
East Tenn. A Georgia—6s..
101%.
Cleve. & Tol., sink. fund..
Balt. A O.—1st 6s,Prk.b.l910 *107
2d
95
mortgage ext., ex coup
107%
40
30
ETenn.A Va.—6s,end.Tenn
do
new bonds.
40% 40%
Bost. H. A Erie—1st m.
108
*114
1
Equipment
bonds,
7s,
1883 98% 09 j E. Tenn. Va. A Ga.—1st, 7s.
Cleve.
P’ville
&
Ash..
7s
1st mort., guar
70
Consol, conv., 7s
*118
1
112 1
Stock
m oi% Buffalo & Erie, new bds...
Bur. Ced.R.A North.—1st,5s
Gt. Western, 1st m., ex cp 111%.
116
&
Buffalo
State
Line,
7s..
Georgia
RR.—7s
101%
Minn.A St. L., 1st, 7s, guar
do 2d m.,7s,’93,ex cp
112“
105%
*110
0s—
Kal’zoo A W. Pigeon, 1st. *110
Iowa City & West’n,lst 7s *108“ 110
99
*118
Q. A Tol., 1st, 7s, ’90,ex cp.
Stock
Det.Mon. A T., 1st,7s.’1906
120
Ill.A So. Ia., 1st m.7s,ex cp
Central Iowa, 1st m.7s, 1899 10 1% 102
J Greenville A Col.—7s, 1st m. 105
Lake Shore Div. bonds...
Hannibal A Naples, 1st 7s
105
Chesap.A O.—Pur. m’y fund
123% 124%
do
cons, coup., 1st
7s, guar
68~
St.L. K.C A N.R. E.A R.,7s 106% ni
100
6s, gold, series B, int. def.
122%
Macon A Aug.—2d, endors.
do
cons, reg., 1st.,
39
108%
100
117
Omaha Div., 1st mort., 7s
6s, currency, int. deferred
04
92
do
cons, coup., 2d.
Memphis
Cha’ston—1st,7s
JU
A
*120
09
Clarinda b.. 6s, 1919..
Chicago A Alton—1st mort.
116%
2d. 7s
do
cons. reg.. 2d .
107%
117
25
Income
St.Chas.B’dge,lst,
7s,
1908
*115%
Stock
*110
Louisv.ANash.—Cons.m.,7s 103% 104
110%
North Missouri. 1st m., 7s
102
Sinking fund
Mississippi Cent —Istm.,7s 106
2d mort., 7s, gold —
4.
114%
Joliet A Chicago. 1st m... 108
108% West. Un. Tel.—1900, coup
2d mort., 8s
Cecilian
Branch,
7s...
114%
114%
Louis’a A Mo., 1st m., guar
123
1900, registered
112
Miss. A Tenn.—1st m., 8s, A
Nashv. & Decatur, 1st, 7s.
2d 7s, 1900. 100“
do
100
101
101% Spring.V’yW. Works—1st 6s
1st mortgage, 8s, B
L. Erie & West.—1st 6s, 1919
100%
St. L. Jack. A Chic.. 1st m. 114
99% Oregon R. A Nav—1st, 6s..
N. O. A Jacks.—1st m., 8s... 112
Laf. Bl. A Mun.—1st 6s. 1919
INCOME BONDS.
no
Miss.Riv.Bridge,lst,s. f ,6s
90
97%
Certificate, 2d mort., 8s...
Manhattan Beadh Co. 7s, ’99
76%
110 t Central of N. J.—1908
103
Chic. Bur. A Q.—8 p.c., 1st m *rii%
107
....{ Norfolk A Petersb.—1st, 8s.
65
N.Y.
Beach
1st
7s,’97
&Man.
124%
123%
101
Consol, mort., 7s
Chic.St.L.AN.O.—2d m. 100
41
1st mortgage, 7s
40
Marietta A Cin.—1st mort..
Col.Chic.AInd.C.,inc.7s,1890
no
5s, sinking fund
2d mortgage, 8s
05 •
1st mort., sterling
Cent.
Iowa
coup,
debt
certs.
ioi%
51
Northeast., 8. C.—1st m., 8s. 127
48
12l“
Metropolit’n Elev—1st, 1906 ioi%
Bl.
A
W’n—Inc.,
1919..
Ind’s
110
2d mortgage, 8s
70
60
Mich. Cent.—Cons., 7s, 1902 119%
121
9s, 1917, registered...
*108
109% ind’s Dec. A Sp’d, 2d Inc...
Rich.A Dan.—1st consol., 6+ 103
70
1st mort., 8s, 1882, s. f
69%
97%
Keok.A Des M., 1st, g., 5s.
Int. & Gt. Northern—2d Inc
107
Southw. Ga.—Conv., 7s, ’86.
65
Equipment bonds
Central of N. J.—1st m., ’90. 117%
100
*100% 110% Leh. A Wilkes B.Coal—1886
Stock •»•••••••••'»
62
68 1909
60
Lake
A
W’n-lnc.7s,’9i
102
1st consolidated
Erie
102% 103%
S. Carolina RR.- lat m., 7s
70
64
do
assented. 104% 104% Mo.K.A T.—Cons.ass..1004-6
9
62% 62% Laf. Bl.A Mun—Inc. 7.1899
Stock
2d mortgage, inc., 1911 —
75%
75
70
Convertible
MobileA O—1st pref. deben
109
1
7s,
non-enjoined
44
1902,
..
A
1st.,
H.
Cent.
Mo.,
1890.
103“
41%
102%
assented
do
2d pref. debentures
20
99% IOC
Non-mortg. bonds
32
106%! .... Mobile A Ohio—New m., 6s. 113
3d
do
109
114
Adjustment, 1903
West Ala.—1st mort., 8s..
32
Nash. Chat. A St. L.—1st 7s.
30%
4th
do
106
109
Lehigh A W. B., con., g’d.
105
J | 2d mort., 8s, guar
96“ N. Y. Central—6s, 1883
*00
do
assent’d
99
108
I
115
*.... 47 « Wp<<torn N. C.—m.. 7s.
108
6s, 1887
Am. Dock A Impr. bonds
103
6s.
estate
real
108
1115
do
assented
Silver Cliff Mining
Standard Cons. Gold Mining
....
—
87$r Southern Securities.
j
Ill.Cent.—Dub.ASioux C.lst *112“
Dub. & Sioux C., 2d div...
109%
Cedar F. & Minn., 1st m.. 114
Ind. Bl’m & W.-*-lst, pref. 7s
72
1st mort., 7s, 1900
60%
2d mort., 1909
!
09
100
90
*89
do
income
*...•! 116 j Tennesssee State coupons.
Belleville A So. Ill., 1st m.
101% 102 jl South Carolina consol
97Y St. P.A Sioux C.—1st 6s.1919 *110%
110% Virginia coupons
St. P. M- A Manit’a—1st, 7s.
do
consol, coupons...
...!
2d mort., 6s, 1909
i
1
....
99
103%!
103
mort
A Logansport—7s —
U. Pac.—South
116
117
,105
j ....
' 45
100
85
: 90
101%; 102%
100
106
35
2d mortgage, guar
South Side (L. 1.)—1st
66*
*104%
62yA
75%
St.L.VandaliaA T.H.—Istm
88%; Union
86“
Mid.—Stock
Convertible bonds . s
New Jersey So.—1st, 6s, new
St. Joseph A Pacific—Istm.
2d mortgage
St. Jo. A Western stock
St.L. A S.E.—Cons., 7s, g.,’94
!
131
71
90
H.—7s, gld,’71
Gr’nd R.AInd.—lst,7s,l.g.gu
108%j
2d mort.. *108%
111
-7s.
gr’t
Consolidated 8s
i
Susqueh., 1st m.
St.P.AM’polis—ist.fis
Cin.A Spr.—1st, C.C.C.Al.,7s
1st m„ g’d L. S. A M. S., 7s.
Denver Pac.—1st,7s,Id. gr.jz
I Erie A Pittsburg—1st m., 7s
Con. mortgage, 7s
109
09
i t3
83%; 84
....
—
Land grant Income, 6s....
Chic. A Southwest..—7s, guar
Cin. Lafayette A Ch.—1st m
!
....
§50"
nj.
;Chie. A E. Ill.—S.F.c’y
.
•
Air-L—1st
Chic.A Can. So.—1st m
!
....
•
18
.
..
!
.
118
.
....
(Brokers' Quotations.)
....
.
48%
§36“
Ontario Silver Mining
Oregon Railway A Nav. Co. §122%
Quicksilver
lien 7s
•
.
114
60
Montauk Gas Coal
Pullman Palace Car....
120
117% 118
E’vil.’e—lncs.
| Atch.AP.P'k—7s,gld
RAILROADS.
|
N.Y.AStraitsvilleCoalAIron
Pennsylvania Coal
118
bonds
1
Miscellaneous List.
101
1st 6s
Railroads—
Central Pacific—Gold bds. 114%
106
San Joaquin Branch —
106%
Cal. A Oregon, 1st
103 "
State Aid bonds
106
Land grant bonds
Western Pacific bonds.. *109%
South. Pac. of Cal.—1st m. *92%
Union Pacific—1st mort.. 114%
113
Land grants, 7s
117%
Sinking fund
115
Registered, 8s
106%
Collateral Trust, 6s
....
97
registered
2d int., 6s. accuin’lative
..
Pacific
109“
97
do
99%, 100
+H7
7%
m,
96% r
Registered
Peoria Dec A
6s.
f'd *116«[
62
Small
j'St.L.I.M.AS.—1st 7s,prf.int.
103
130
130
30
30
90%
AND BONDS.
Central—Continued.
Peoria Dec. A E’ville,
....
1924
36
26
26
20
20
20
85
61
25
Funding 5s, 1899
i
115
.
59
American Coal
Boston Land Company...
Boston Water Power
Canton Co., Baltimore....
Caribou Consol. Mining...
i
■
tl20“
113
Wells, Fargo & Co
D. of Columbia—3‘65s,
Y., 1st, 7s
Miscellaneous St’ks
United States Express....
6s, deferred
'
.
’95,
117 !
116
1st m.. 6s,’96,
do
105%
Den. Div. 6s ass. cp.ctf...
94% 94%
7s, convertible
do
1st consol. 6s
si 08%
Mortgage 7s, 1907
113
Pacific RR. of Mo.—1st m.
110
Bii
Syr.
gh. A N.
2d mortgage
*130
Morris A Essex, 1st m
Income, 7s
2d mort... *114
do
*104
1st m., Citrondelet Br...
bonds, 1900
95
do
St.L.
A S.F.,2d 6s.class A.
*100
construct’n
74 !■
do
L
•uo
3-6s,
class
C.
113%
7s of 1871.
75
74
do
3-6s. class B.
do
108%
109%
1st con., g’d
do
do 1st 6s,Peirce,CAO
102%
Del. A Hud.Canal—1st m.,’84
99% 100%
do Equipm’t 7s, ’95
t.
108%
105% 106%
1st mortgage, 1891
South Pac. cf Mo.—1st rn.
....1
do
extended. *108
103%
Texas A Pac.—1st, 6s, 1905..
do
Coup., 7s,’94 *108
*....' 92 j
1
Consol. 6s, 1905
1
|
62 |
do
Reg. 7s, ’94.
Income and land gr’t. reg.
I
113%
S5 )
1st Pa. div., coup., 7s, 1917 *115
1st Construction, 9s, 1930.
do
reg., 7s. 1917 .
1st con. 7s
Del. Lack. A
• •
Warren
Adams Express
American Express
•
....Ill
60% 85
1st m., Springfield div —
101
*100
Ohio Cent., 1st m., 6s, 1920.
1
•
....
•
4
100
Consolidated
2d consolidated
...
Indianapolis
Texas A Pacific
do
do trust certif
Toledo Peoria & Warsaw
United N. J. RR. A Canal
....
93
6s, 1910 *102% 102%
Consol, mortgage
C. St.L. A N. O.- Ten.
Virgina—6s, old
6s, new, 1866
6s, new, 1867
18%
6s, consol, bonds
6s, ex matured coupon....
18%;
6s, consol.. 2d series
li
•
3%
2%
> * *
Tennessee—6s, old
6s, new
6s, new series
j
109%
N. Wisconcin—1st, 6s
Nevada Central—1st m.
Ohio A Miss.—Consol, s.
Chic. A Mil., 1st
110“
Winona & St. P., Istm. ..
112
114
do
2dm....
114
C. C. C. A Ind’s—1st, 7s, s. f. *109
§25“
•k
103%
Registered gold bonds
Sinking fund
Iowa Midland, 1st m., 8s..
105%
Galena & Chicago, exten.
Peninsula, 1st m., conv... *108%
.
.
112
Consol, bonds
Extension bonds
1st mortgage
§12“
•
ll“
....
....
5l66“
t... •
117
118
1st m., H. A D., 7s, 1910... *1C0
Ohic. A Northw.—Sink. f’d. *110% ,110%
*105%
Int. bonds
*123
67“
•
N. Y. Elevated
N. Y. New Haven A Hartf.
N. Y. Ontario A West.,prof.
Terre Haute &
2d mortgage, 1884
1st m., 7s, I.A D.Ext.,190£
3.-west div., 1st 6s, 1909.
1st 5s, LaC. A Dav., 1919.
.
173“
Harlem
Ind Bloom. & Western...
Intern’1 A Gt. Northern..
Keokuk A Des Moines....
do
do
pref.
Long Island
Louisv. N. Alb. A Chicago
Memphis & Charleston...
•
•
....
65%
Frankfort A Kokomo
Stonington
C. A M., 1903
Con. sinking fund, 1905..,
1st m.,
§105%
Burl. Cedar Rapids & No.
Cedar Falls & Minnesota.
•
6s, subscription
j
N. Y. C. A Hud.. 1st m., cp.
do
Istm., reg.
A
*107%
Iluds. R., 7s, 2d m., s.f.,’85
92% 02%
Canada South., 1st, int. g.
|
125
Harlem, 1st m., 7s, coup..
116“ 116
125
do
Istm.,
7s,
reg—
115% 115%
114
|
N.Y. Elevated—1st, 7s, 1906
1st m., La C. Div., 1893...,
ist m., 1. A M\ 1897
istm., I. AD., 1899
quoted.)
•
1869.>'
ii‘'
3%
3%
3%
119
'
(Actice •previously
;
,,,,
2%
*115
Railroad Stocks.
•
•
17%
17%
Island—6s,coup.’93- 0
MISCELLANEOUS STOCKS
130
110
110
90
90
10
10
South Carolina—
6s, Act Mar. 23,
Non-fundable
|
30
30
28%
28%
Special tax, class 1
do
class 2
do
class 3
Ohio—6s, 1881
6s, 1886
....
1
.
old.JAJ
Ask.
Bid.
SECURITIES.
I
York—6s, loan, 1893
J
i
Ask.
Bid.
SECURITIES.
I
•.
•
...
1887
AND
RAILROAD
t
103“
York—6s, gold, reg.,’87
6s, gold, coup.,
6s, loan, 1883
6s, do 1891
1892.
6s, do
110
Kentucky—6s
45%
6s, due 1886
6s, due 1887
6s, due 1888
6s, due 1889 or '90
Asylum or Univ., due ’92.
Funding, 1894-95
Hannibal A St. Jo., 1886..
do
do
1887..
106“
Ask.'i
Bid.
Ask.
whatever the par may be
!
...
....j
•
i
....
....
...
...
•
::::!
-
100
106
113
85
107
95
100
100
109
75
119
•
•
•
•
102
....
....
....
no
,
....
t.
-
.
.
.
....
*
•
•
....
•
.
..
•
...
101
25
105
108
130
L07
t
■>
.
•
.
•
-
•
.
*
114
....
,,,,
....
-
-r
+
..
-
.
.
.
f
.
.
t
....
,
.
....
...
.
.
.
•
.
Prices nominal.
+ And accrued
nterest.
* No price to-day;
these are latest quotations made this week.
•
105
no
108
....
12
72%
30
112
112
ICO
....
♦
•
...»
I No quotation to-day; latest sale this week.
.
672
1 HE
CHRONICLE.
[ OL. XSLA.
a
NEW YORK
Bank
COMPANIES.
at
America4
10<) 3,000,000
Am. Exchange 100 5,000,000
100
Bowery
250,000
25 1,000,000
Butchers’* Dr. 2o 300,000
Central
100 2,000,000
Chase
100
300,000
Chatham
25
450,000
Chemical
100
300,000
Citizens’
25
600,000
100
City
1,000,000
100 5,000,000
Commerce
Continental.... 100 1,000,000
Corn Exch’ge*. 100 1,000,000
East River
25
250,000
11th Ward4.... 25
100,000
Period 1878. 1879.
1,619.300 J.&J.
1,445,000 M.&N.
202,000
1,272.500
92 7-)0
4H4.80i)
74.100
189.800
3,381 100
176.400
922,500
70.300
16,100
150,000
43,800
100,000 226.100
500,000 2.181.700
100
100
100
100 3.200,000 1,061
300
30
600,000
37H.800
50
Gallatin....
1,000,000 754,60"
German Am.*
7.)
750,000
81 300
German Exch.* 100
200,000
60,h0:»
Germania*
100
200,000
61,200
25
Greenwich*.
200,000
17 iOd
Hanover
100 1,000,000
289,0 0
-
.
Imp.* Traders’ 100 1,500,00’J 2,069.200
Irving
50
Island City*... fO
Leather Manuf, 100
Manhattan*....
.
50
Mercantile
100
50
Merchants’ Ex. 50
Metropolis4.
100
Metropolitan
100
Munav Hill*.. 100
Nassau*
100
New Ycr100
N. Y. Countv.. 100
N. Y. N. Exch. 100
Ninth
100
No. America4.. 70
North River*.
30
Oriental*
25
Pacific*...
50
Merchants’.
..
.
..
....
Park
People’s*
Phentx
Produce*
500,00)
•
•
J.
J.
J
40
50
100
8
6
7
3
6
100
0
10
8
io
10
7
•
J.* J.
6
Rl-m’ly 100
6
iO
.
F.&A.
j.& j:
F.&J
J. & J.
Bid.
12
6
10
May.
5
100,000
.
#
.
14
8
8
7
3
7
8
2
7H
.
6
3
7
2*
5^
7
9
12
5
8
8
7
8
10
0
7
3
10
22 4,500
Q-F.
534.300 J. & J.
130.400 1. & J.
10
6
8
6
& J.
....
714,900 F.&A.
135 600
192,003 J. & J.
711,
M.&N.
12o,9.0 J. & J.
10
8
123 500 J. & J.
173.2"0 J. & J.
40.300 J. & J
273,500
1,000,"00
1,200,000
200,000
M.&N.
279 100 J. & J.
*
•
•
3
3
•
•
•
•
.
•
•
•
*
*
*
*
*
•
•
•
•
•
•
*•••*
’80. 2)4
5
3
3
*
*
*
•
•
•
•
•
•
•
•
•
•
•
•
• •
•
•
*
*
*
•
•
•
•
•
•
•
*
3)4
7
4
‘
—
*•
•
.
•
3
130
•
•
•«
•
•
•
•
•
•
•
5
•
140
'**'
’
95
135
105
145
••
*
*
*
*
•
*
•
s
'•mm
■
•
m
•
*'**
*
*
*
*
July, ’80. 34
J u y, ’80. 4 "
Eagle
Empire City....
Exchange
Farragut
Firemen’s
Firemen’s Tr..
Franklin&Euip
German-Amer.
Germania
Globe
Greenwich.....
Guardian
Hope....*....,
Howard
Importers’* T..
Irving
Jefferson....,
Kings Co.(Bkn)
Knickerbocker
Lafayette(Bkn)
Lamar.. /...
25
20
1.C00
Harlem
50
20
50
100
!!!.*.
certificates
Mutual, N. Y
do
bouds
„
do
;
,...
scrip
New York
Longl8l.fBkn;t
LoriTlard
Manul.ft Build
Manhattan
Mech.&Trad’rs
Mech’iC8’(Bku)
Mercantile..
Merchants’..,
Moutauk (Bkn)
Nassau (Bklyn)
National
Equitable
New York Fire
N. Y. & Bostoi
New York City
Niagara
North River..
Pacific
Park
Peter Cooper.
135
...
People’s
Phenix
Relief
Republic
f
Rutgers’
St.Nicholas....
....
Standard
Star
Sterling
Stuyvesant
Tradesmen’s....
United States..
Bonds.
Westchester...
Winiamsb'c C
K
2,000,000 Var.
1,200,000 Var.
315,000 A.& O.
10
do
bonds
do
do
certificates.
Central of New York
1,000
Var.
50
_
.
„
Municipal
do
bonds
Fulton Mun lei pal
Bid. Ask.
*
7
3
Feb.
7
Bleecker St. &Fult. Ferry—St’k
1st mortgage
100
1,000
Broadway
& Seventh Av.—St’k
1st mortgage
Brooklyn City—Stock
100
1,000
10
1st mortgage
Broadway (Brooklyn)—Stock
Brooklyn & Hunter’s Pt.—St’k
1,000
100
100
..
1st mortgage bonds
entral Pk.
Sushwick
Av.
N. (B’klyn)—Stock.
A E.
iv*-Sto<Jki
1,000
100
ioo
.
mort. btr®ds
& J.
33$
14
10
20
20
20
20
..
..
-
123
140
115
100
110
115
120
105
90
130
83
140
105
160
130
160
109
163
120
70
05
145
115
7
0
Rate.
New
1997
1900
do
’80
St.—Stock'
1,000
100
<& J
Improvement stock.... 1869
400,000 A. & O.
300,000 J. & J
500,000 J. & J
.
1,800,000 J & J
1,200,000 J.&D.
.
..
100
..
1 non
IE1*3 column shows last dividend
on
*
H Jan., ’60
7
J’ly.1900 i
,
1,500,000 J. & D.
2,000,000 Q—F.
300,000 M.&N.
200,000 Q-J.
600,000 F. AA.
CftO.non M.A N.
Irl5.
1865-68.
Market stock
do
no
Consolidated bonds
2,100,000 Q-J.
2
7
IS
98
21
Apr., *60 923*
July. ’84 103
336 May ’80 100
7
Nov.,’8) 102
3
2
7
Apr.
’80 140
Apr., ’80 | 95
1888
1023$
23* Jan., ’80
3
lan., ’80
7
85
95
101
100
105
170
110
150
100
105
95
100
112
75
Dec.1902 1084
23* Feb. ,’80 65
7
1690
95
100
3
7
3
7
6
7
7
7
234
7
7
7
5
7
5
7
4
7
■
1870.
do
1888
5
5
0
6
7
0
5
0
7
6
7
0
7
6 g6
7
..1853-65.
uo
Dock bonds
•
900,000 J. & J.
May, *80 119
June, ’93 110
Apr., ’80 160
•)».... ’8t 100
May, ’80 170
Apr., ’93 110
25
Nov.1904 100
20
July, ’94 98
•Tan., ’80 60
Apr , ’85 100
May, ’88 96
Sept. ’83 95
M.y. ’77 125
J ufy, ’901 110
May, *80 160
125
115
175
110
180
115
30
103
*93 ir*?>
I8t9.
var.
Street imp. stock
var.
do
do
var.
New Consolidated
Westchester County...
Consolidated
Months
Payable.
Feb., May Aug.& Nov
do
do
Bid. ASb
7
,
5
do
do
do
do
do
do
do
do
May & November.
May & November.
do
do
do
do
do
do
do
do
do
do
January & July,
do
do
Qua-t°rly.
5
1880
100
1890
105
1883-1890 L04
1884-1911 106
May & November.
1884-1900 112
Feb.,May, Aug.& Nov. 1907-1911 118
6 g»
....
Asse3 meat
May & November.
1898
1895
1901
1898
108
115
122
115
1894-1897 118
1889
!07
1890
115
1901
115
1888
107
102
1882
115
1890
1894
122
1920
107
1884
102
101
100
109
120
125
120
109
116
125
116
120
108
116
113
108
105
110
123
109
103
[Quotations by N. T. Beers, Jr., Broker, 1 New
St.]
Brooklyn—Local JUn 'r’em’iCity bonds##•«•
•«.«
•«•••••
do
Park bonds
Water loan bonds
Bridge bondB....
water loan
City Donos
Kings Co. bonds
do
do
Park bon38
Bridge
•All
...;
'
7
7
7
7
7
6
6
7
Ja iuary &
do
do
do
do
July,
do
do
do
do
do
do
do
do
May & November.
6
no
8
6
January
do
Brooklyn bonds flat.
do
*
July.
do
I88O-I883; 1024
18o3-1691 107
1915-19241130
1906-1924 128
1904 1912 129
1886-1902 104
1881-1890 103
1880-18*3 i"0
1880-1885 114
1924
119
1907-1910 118
108
118
132
1J0
131
116
112
111
116
12L
120
.
65
10234
100
[Quotations by C. Zabbiskie, 47 Montgomery St.,
Jersey City.]
100
115
175
Watei loan long
M2
Improvement bonds
Bergen bonds
1868-69.
Ju.y, ’OOilOJW 106
Feb., ’80 110
115
M«v
Bonds
due.
York:
Water stock
1841-€3.
Croton water stock. .1845-51.
do
do
..1852-60.
Croton Aqued’ctstock. 1865
do
pipes and mains...
do
reservoir bonds
Central Paik bonds.. 1853-57.
’70
■jO.
Prick.
Interest.
'
23a Jan., ’80
5
0
t Surplus
(Quotations by Daniel A. Moran, Broker, 27 Pine
Street.]
33a Jan., ’80
Aug., ’79
13a Ja-*.. ’80
Quar.
.
liabilities, including re-lnsurance, capital and scrip,
includes scrip.
’78
3
A.& O.
M. &N.
6r0,0f 0 F.& A
Bonds
11,000
250,000 J. & J.
Djy Dock E.B.&Batt’ry—Stock
100 1,200,000 Q F
lstmortgage, consolidated
500&c
900,000 J. & D.
Hfcghth Avenue—Stock
100 1,000,000 Q—J.
1st mortgage
1,000
J. & J.
203,000
42d St. & Grand St. Ferry—St’k
100
748,000 M.&N.
1st mortgage
1,000
230,000 A.&O.
Central Cross Town—Stock
100
600,000
lstmortgage....
l.ooo
200,000 M.&N.
Houst.West St.& Pav.F’y—St’k
100
250.000
1st mortgage
500
J. & J.
500,0001
Second Avenue—Stock
100 1,199,500 J.&J.
3d mortgage
1,000
150,000 A.<»U.
Consol, convertible
1.000 1,050,000 M.&N.
Extension
OO&c.
200,000
M.&8.
Sixth Avenue—Stock
1
J00
750,000 M.&N.
lstmortgage
1,000
500,000 J.&J.
Third Avenu%-Stock
100 2,000,000 Q-F.
1st mortgage
1,000 v ,000.000 J.&J
0 ,5(5 10
.
1682
F.& A.
094,000 J
Over all
Jau., ’80
Lyuotatlons hy H. L. Grant.
Broker. 145
1st mortgage
475,871 15
880,940 20
300,404 20
190,417 20
City Securities.
2)4 Feb., *80
3)4 Nov, ’7*
4
June, ’80
750 000 M. &N.
Twenty-third Street—Stock.
Bid. Ask,
10>a Jan.. ’80. 6
123
»a
10
93
*80. 5
20
Dec., ’79. 10
1*5
18
F«b., ’80. 8 195
153,000
20
190
Jau.. ’80. 0
Ja
300,000 460,r79 20
20
190
’80.10
163,42-) 17* 10-72 10
210,000
Feb. *60. 5
117
12
250,000 130,25. 18
.tan.. ’80. 5
130
11
2,725 5
N’ue
300,000
July, ’77. 5
£5
112,401 25
18
200,000
10
Jan., ’80. 0
105
1
1,000,000 108,151 1250 13 40 13-65 Jan. ’80.0-85 ISO
20
300,000 544.412 20
15
Apr., ’80. 7 *4 190
73,858 14
10
200,000
10
"'an.. ’60. 3H 95
t eb.
99,155 15
200,010
10
10
103
’80. 5
15
200,000 -138.833 15
15
Jan., 80. 7^ 120
68,93« 12
10
204,000
Jan., ’80 38i 95
76,147 12
11
150,000
Jan., ’80. 5
11
103
200,000 130,442
7
Jan., ’80. 5
60
875J
io
10
1,000,000
10
Jan., ’80. 5
22
14
1,000,000 752,7 4 30
Jan., NO 7
10
200,000 118,251 20
10
Jan.. ’80. 5
343,749 40
200.000
30
30
Jaa., NO 7^,
22,908 10
7
200,000
«n.. ’80. 34
7
120
806
150,000
20
17* 12h' Jan., ’80. 7 H
10
20
500,000 085,945 10
Jan., ’80. 5
54,536 10 * 10
200,000
'an.. ’80. 5
10
10
3,000,000 1,3*0.785 10
10
Jan., •80. 5
V 0,000
4,089 10
10
3K •■an., ’79. 3>$
116,815 12
10
500,000
5
tJau., ’80 5
78,922 12
10
200,000
10
Jan., *80. 5
0,486 13
10
200,000
8^ •'an., ’80. S
200,010 290,770 10
10
10
M«r., *80 5
20
20
150,000 193,"H 20
•Ian., ’cO. 10
.)a..
4,938 10
5
5
280,000
’80. 5
134,907 20
14
150,000
1
Jan., ’80. 5
Jan
97,680 10
10
200,000
10
’80. 5
31,104 10
10
10
150,000
Jan., ’80. 5
16
13
200,000 253,533 20
Jan., ’80. 5
34,202 10
10
5
J»n., >0. 4
300,000
Jan.. ’80. 0
12
12
200,000 162,909 12
135
10
’ 10
250,000 140,928 20
Jan.. ’89. 5
20
20
200,000 238,106 30
Jau., ’80. 0
20
20
150,000 103,596 20
Jan., 80. 7
36,832 10
10
10
200,000
Jan., ’80. 5
1:9,702
20
10
13
200,000
Jan., ’8r. 5
!0
12
200,000 109,951 13
J»n., ’60. 5
20
20
200,000 147,011 20
Jan.. 80, 7 155
200,000 101.513 14
10
10
Jan.. *60. 5
100
20
15
Jan.. ’80 5
210,000 316,395 20
155
Fe
14
12
200,000 180,185 17
., ’80.
110
5
20.008
N’ne
200,000
00
N’ne 5 *
300,0"0
1,065 10 ’
Jan., ’79. 5 "
11
12
500,000; 5’*7,458 12
Jxp„ ’80. 0
10
8
350,000 108,’.48 11
Api
’80. 4
30
20
Jao. ’80.10
200,000 399,052 20
200 000
12
J2
89,737 20
Jan., ’80. 0
Ja
20
20
150,000 190,043 20
V0.10
Jan
12
12
150,000 103,739 18
’80. 0
15
10
1,000,000 467,0-0 20
•an.. ’80. 5
10
10
200,000
43,577 10
Jan.. ’80. 5
5
26,725 10
300,000
Jan.. ’80. 3W
20
20
200,000 17 ,334 20
Jan.. ’89 10
9
10,811 10
200,000
10
Feb , *80 3
169 090 1235 0-23
200,000
9-'3 iau., ’80.6-23
500,000 121,591 179. 12tf 12
Jan., ’80. 5
28,519 10
200,000
10
Feb., ’80. 3%
16
200,000
137,0>4
14
10
Jan.
*80 5
10
300,000 102,389 20
10
jau., *80 5
12
250,000 215,455 10
11
’80. 5
Ja
10
300,'00 121,502 10
10
Jan , NO 5
250,000 443.095 20
20
20
)an
’80,10
203
Ju^e, NO
June, ’80
33$ June. ’80
13* Ju y, ’79
*100 fl,50d,000|
Christopher & Tenth
PRTOE.
Last Paid.
1898
8
5
300,000 M.&N.
J. & J.
300,000
460,000
50 1,000,000
1,0' 0 1,000,000
100 1,000,000
100 1,500.000
Williamsburg
1 do
bonds
Metropolitan, Brooklyn
Consolidated
400,000
200,000
300,000
200,000
5
May, *80
234 Ft-b;, ’80
1,850 000 F.& A.
1.000,000 J.
*
Date.
03
.
People’s (Brooklyn)
do
...
Amount. Period.
750,000 J. & J.
4,000,000 F.&J.
2,500,000 M & S
Y r. 1,000,000
lM. & S
100 5,000,000
Quar.
1,000 1,000,000 F.& A.
25 1,000,000
Var
Va
700,000 M.&N.
100 4,000,000 M.&N.
Metropolitan
do
Nassau. Brooklyn
1878. 1879.
,
Par.
.
Manhattan
1877
<u
Brooklyn Gas Light Co
Citizens’ Gas Co
(Bklyn)
do
bonds
Jersey City & Hoboken
Amount
,
Lenox
.
Gab Companies.
„
Dividends.
Jan. 1,
1880.*
•
Hamilton
Hanover
Hoffman
Home
N. Y.
and of date June Va ""•uum are or aute juue xr, rssu, tor the Natk
12.1880, for the State banks.
and
•
250
33?
City Railroad Stocks
•
•
•
.
Gas and
•
•
•
...1
Clinton
Columbia
Commercial
Continental., -f
...
.,
7^
Citizens’.
City
*
I’m
....
.
•
140
....
0
3
9
10
0
7
3
•
*
May, '80. 2-4
July, '80. 4
116
July, ’80. 3)4
July, ’80; 3 101
July, ’74. 3Ve
0Jd> Feb., ’80. 4
3
J u y. ’60.
3*/f
Jan., ’8
3 *
8
Jan., ’80. 5
8
) u ly, ’80. 4
132
0
Ja
’80 3
7
Mav,* *60. 3V$
Juiy." ’80. 3)4
7
July, ’80.
8
M.y. ’80. 5
12
Jau., ’80. 0
....
58,600 J. & J.
•
*
July, *77. 4
...
....
.
•
....
7^
+
American Exch
Bowery
Broadway
Brooklyn
•
'•**
•
5
....
•
3)4 135
u
y, ’80. 3)4
July, *80. 4
July. r80. 4
143
May, '80. 2)4
July, ’79. 2*^
May, ’79. 3
90
Tuiy.NO 3)4 130
July, ’80. 3
J n., ’90. 3>$
July, ’80. 5 144
Ju.y, ’80. 3
May. ’80. 3
July, ’80. 4
.laii., ’80. 4
Feb.. ’80.
Juiv, ’80. 3)$ 105
8
4
10
12
5
7
8
8
3)4
*80, 3}4
b0. 3*^
*80. 4
May, ’80.
way, ’80.
May, ’80.
)u y, ’80.
July, ’80.
July, ’80.
Jau., ’78.
July, ’60.
Feb., ’80.
7
....
.
218,000 J.
5
3
0
....
•
•
•
i 15
150
*pr., ’80. 5
,
•
gQ5
5
,
•
•
’80. SI*
.,
Juty,
May,
7^ a pi
2% Feb.,
.
•
American
...
Via
120
0
7
6
7
14
8
3
11
8
1. & J.
J. & J.
•
*
*
4
’60.
July, *80.
July ’70.
Jau., *60.
6
7
vi.&N.
a1
•
Pnrplus,
....
iTn
80.10
July, NO.
§
6
Q—J.
M y,
1
*
Net
Capital.
Far.
147U
•
Mat’80. 3
Jau., *8i). 3
My, ’80.15
July, ’80. 3&
Feb
*
*
'80. 3\4
July, 80. 4
3*
*
*
....
11
t
(Quotations by E. S. Bailey. Broker, 7 Pine
Street.]
Ask.
’80. 3}£ 143
’80. 3iy
’80. 5
'8 ). 8
Ju y,
r
3%
f. & J.
\1.&N.
A.& O.
F.&A.
600,000
2,050,000 1J05.8.X) F.&A
400,000 127.800 J. & J.
500,000 295 000 J & J.
2,000,000 1,032,100 J. & J.
500,000
76,40u M.&N.
200,000
41,800
1,000,000 188.103 hi &n.
2,000,000 740,5oO J. & J.
1,000,000
178.100 J. & J
300,000
41,900 1. & J
3,000,(>00 1,331,200 J. & .1
100,000
77.8 0 J. & J.
1,000,000
60,700 M.&N
2,000,000 802.100 J. & J
200,000
47,300 1. & J.
88 500 F.&A.
300,000
750,000
149,7oO
70u,000
106.900 1. & J.
240,000
08.6- 0 J. & J.
300,000
183.100 J. & J.
422,700
100 2,000,000
25
412,500
Tradesmen’s...
Last Paid.
7* July,
0
viay,
10
July,
10
•Jul\,
.
J.
15«.8)0 I. & -T.
7,500 J. & J.
441 800 J. & J
20 1.000,000
50 i
ll'.H'O
Republic
100 1,500,000
St. xlcholas... 100
£00,"00
Seventh <vard. 100
300,00"
8econd
100
300,000
Shoe & Leather 100
500,000
Sixth
100
200,000
State of N. Y.. 100
800,000
Third
100 1,CO" ,000
Union
West Side*....
i.&
1. &
J. (fc
J. &
.
Marine
100
Market
100
Mechanics’
25
Mech. Assoc’n. 50
Mech’lcs & Tr. 25
Price.
Companies.
8
6
11
16
J, & J
1,468,an* M.&N
2,904,100 J.& J.
2"2,100 J. & J.
....
Fifth
Fifth Avenue*.
First
Fourth
Fulton
latest
'
Broadway
..
Dividends
,
dates- 5
Amount
Cm
i
Stock List.
Surplus
U
05
SECURITIES.
Insurance Stock List.
Capital.
Mark’d that! (*)
are not Nat
LOCAL
stocks, but the date of maturity of bonds.
do
1869-71
7
7
7
.
January & July.
January & Juiy.
J.
& J. and J &
D.
Jauu*n and Juiy.
1895
101
1899-1002 103
1891-04 104
1000
100
102
109
lt’5
101
f
June
THE
26, 1880.]
AND
FINANCES,
STATE, OIT? AND CORPORATION
of the
and Bonds
the last
April, June,
August/October and December, and furnished without extra
charge to all regular subscribers of the Chronicle. Single
The Investors’ Supplement contains a complete exhibit
Funded Debt of States and Cities, and of the Stocks
of Railroads and other companies. It is published on
Saturday of every other month—viz., February,
187-3254609
“ In reviewing the de¬
showing that the volume of
freight moved has more than doubled within three years, your
Board are convinced of the necessity of speedily completing a
continuous second track from Chicago to the Mississippi River,
and the importance of providing increased facilities and storage
for grain at Chicago and other terminal an# junction
points, and the Board confidently appeal to the stockholders to
ratify and approve a continuance of the policy heretofore pur¬
sued—of applying a reasonable percentage of the net earnings
to perfecting) extending and increasing the value of their
The President remarks in conclusion:
tailed operations of the past year,
Juixeslweuts
copies are sold at $2 per copy.
ANNUAL
673
CHRONICLE.
room
property.”
LAND
DEPARTMENT.
report of the business of this office for the fiscal year
ending March 31, 1880, shows that the regular conveyances
REPORTS.
The
and contracts to convey
Chicago Rock Island & Pacific.
(For the year ending March 31, 1880.)
lands amounted to 86,656 acres,
for
$747,478, the average price received b^ing about $8 62^ per acre.
The amount of interest and premiums received during the
pamphlet report for the last fiscal year is just out. The
year was $75,060. The bills receivable, after deducting those
report is strictly limited to tjie year ending March 31,1880,
does not even refer to the great event in the history of the canceled, have increased, until they stand (on March 31, 1880)
at $1,203,625, an increase during the year of $377,885. There
company which has recentljr taken place—namely, the payment
has been remitted to the Treasurer of the Company at New
of 100 per cent stock dividend to the holders of ola stock, and the
consolidation of the company with certain branch lines, making York, from the sales and collections, a total sum of $350,000.
The taxes paid during the year on lands unsold November 1,
a total of 1,052 miles owned and 1.348 miles operated, including
296 miles of leased lines.
The authorized capital is $50,000,000 1879, were $39,554. The number of acres left unsold is now
about 185,000, and should another good crop be the result of this
The average number of miles operated for the year was 1,257
year’s husbandry, the great bulk of the more desirable lands
against 1,125 in 1878-9. INCOME
now remaining will undoubtedly be disposed of this season.
ACCOUNT. *
The statistics of operations and financial condition in the past
The condensed income account for the fiscal year ending
four years, compiled in the usual complete form for the Chron¬
March 31, 1880, is as follows :
Gross earnings of road were
:
.
$11,061,662 icle, are as follows:
Operating expenses, taxes included
5,796,546
1880.
1879.
1878.
1877.'
The
From this
and
$5,265,116
sum
there has been
paid:
$272,537
940,610
2,097,990—
For rentals of leased roals
For interest on bonus
For dividends
3,311,137
Add net revenue from
equipment, construction
..
sales of land
Surplus
The number of passengers as
1,128,672
$825,3u6
350,000
$1,175,306
compared with the previous
cent, or 404,458. The movement of
increased 31^ per cent. The rate received
decreased from 2 974-1,000 cents to
2 806-1,000 cents.
The earnings from transportation increased
24 11-100 percent. The quantity of freight moved increased over
previous year nearly 33 per cent, or 730,495 tons. It was moved
a greater average distance, the tonnage movement showing an
increase of 37*10 per cent. The average rate per ton per mile
decreased from 1*43 cents to 1*21 cents, or 15*4 per cent.
The following comparative statement will show the tons of
freight moved, decrease in rates and revenue received for the
year increased nearly 27 per
passengers one mile
per passenger per mile
past ten years :
Fiscal year.
No.* tons carried
one mile.
130,683,671
151,864,519
'
1869-70
1S70-71....:
.
168,764,688
219,394,094
249.523,401
287,9 L3,578
288.525,696
337,135,683
370,136,382
510,859,804
686,458,954
1877-78
received.
ton per mile.
2-74 cents.
2-64
“
2*49
2*29
207
192
1*91
1*71
156
1*43
1*21
The amount charged to construction
for the year was $1,128,672.
BRANCHES AND
Amount
Average rate per
“
“
“
“
“
“
“
“
“
'
$3,587,002
4,023,271
4,213,371
4,597,982
5,003,001
20
60
65
01
07
5,292,412
5,121,556
5,353,779
5,575,733
6,929,925
8,035,165
24
64
10
43
99
29
and equipment account
CONNECTIONS.
contiguous to the
To protect the traffic and occupy territory
main line in Western Iowa, the Board
tion of three branch roads, each averaging about
authorized the construc¬
fifteen miles
in length ; two in a southerly direction, one from Avoca and the
other from Atlantic, and one in a north-westerly direction from
Guthrie Station to the county seat of Guthrie County. These
lines are located mostly in valleys, are not expensive to build,
and can be cheaply maintained and operated. That branching
from Atlantic is in use to Lewis, nine miles, and work is well
advanced on all, insuring their completion during the summer.
There had been expended on account of the above branches up
made with
whereby this
company obtain the right, for a term of twenty-five years, to
its passenger and freight trains from Cameron to Kansas
City, together with the right to use jointly the freight depot,
tracks and other facilities of the said Hannibal & St. Joseph
Railroad Company in Kansas City.
The terms are, briefly,
interest at 7 per cent on one-half the valuation of road used,
one-half the taxes, and a portion of the cost of maintenance
proportioned to the train mileage of the parties using it.
Bridge tolls over Missouri Riyer substantially the same as at
Atchison or Leavenworth.
Through passenger and freight trains commenced to run be¬
tween Chicago and Kansas City on the 5th of January, with
decided advantage to the traffic and earnings of this line. A
traffic contract has been made by which the Hannibal & St.
Joseph Railroad take passengers and freight of this company
between Cameron and the City of St. Joseph on fair and equi¬
run
table terms.
successfully
1,003
11,231
++ fH CO fH w
229
119
230
121
259
147
276
157
4,255
4,353
5,557
6,161
1,003
All other cars
in September, 1876.
Railroad leased in 1878.
Half interest in Hannibal & St. Joseph leased and 26
*
271 miles of this added
t Keokuk & Des Moines
X
acquired in 1879.
633
607
523
603
miles new road
FISCAL RE8ULT8.
OPERATIONS AND
1880.
1879.
1,905,418
1,500,960 82,610,900
Passengers canned...
62,811,574 2*806 cts.
Passenger mileage...
Rate per pass. p. mile
2*974 eta.
Freight (tons) moved
2,236,269 2,966,704
Freight(tons)inilcage.276,199,164 357,259,086 484,610,209 664,861,579
Av. rate p. ton p. mile
1*43 cts.
1*21 cts.
1*71 cts.
1*56 cts.
Earnings—
$
$
$
$
1,772,513 1,846,654 1,868,028 2,318,452
Passenger..;..
Freight
4,708,146 5,575,733 6,929,926 8,035,165
421,591
468,226
Mail, express,r’nt8,&c
611,879
708,045
Total gross eam’gs
6,902,250 7,890,613 9,409,833 11,061,662
Operating Expenses—
$
$
$
$
Maint. of way, &c....
1,007,484 1,245,186 1,549,463 1,578,661
521,562
842,802
Maint. of equipment.
607,385
690,237
Transports exp’nses, 1,725,496
2,127,333 2,316,552 2,784,055
Miscellaneous*
41,613
122,382
264,346
260,750
1877.
1878.
1,455,366 1,552,559
60,634,585 62,098,473
2*923 cts.
2*974 cts.
1,651,409 1,768,118
Operations—
3,296,155
3,606,095
Total
earnings
Net
P. c.of op.exp.
4,820,598
4,589,335
5,466,274
5,595,388
52*98
51*22
49*41
47*75
to earn.
Includes loss and
4,102,786
3,788,327
damage goods,
cattle
account; Missouri River
&c.; injuries to persons;
killed, &c.; repairs of telegraph; contingent
Bridge tolls, and a few small items.
INCOME ACCOUNT.
*
1877.
$
3,606,095
Receipts—
Net
earnings
From land
$
5,595,388
998,823
Taxes
Dividends t
2,097,980
40,000
27,291
Legal expenses
1 n/n poll ft
431,482
surplus
Total
3,621,500
Increased by Chicago
5,945,388
$
125,000
$
135,037
1,002,325
1,008,580
1,078,110
247.400
218,155
295,841
1,678,384
1,993,085
2,097,988
34.827
41,117
34,426
X 557,148
108,500
2,202,121
2,303,986
3,793,584 § 5,588,058
5,954,388
$
$
125.000
690,000
209,747
5,588,058
3,793,584
3,621,500
Rentals paid
Interest bn debt
*
5,257
4,589,235
1880.
350,000
Disbursements—
Balance,
$
departm’t
Total income
\f i
1879.
$
3,788,327
15,405
fund.
1878.
125,000
*
'
40,000
& Southwestern bonds.
1880,10 p. c.
and $42,777
connecting railroad and other bonds, previously given in capital ac¬
count, and disappears from both accounts in following year.
§ In the income account for this year is given Iowa Southern & Mo.
Northern stock, held in trust—$4,230,696; but we do not include it.
GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAR.
t
♦
Dividends—1877, 10 p. c.; 1878. 8 p. c.; 1879, 9^ p. c.;
This item represents Pacific Hotel stock and bonds
1877.
Assets
RR., bldgs.,equip.,&c.
Pac.stock.
owned, cost...
Cliic.R.I.&
Stocks
Bonds owned,
cost...
S. W.
Materials, fuel. &c...
Miscellaneous items X
Advances to C. &
$
33,968,790
4,020,000
1125,000
t 672,535
3,686,257
73,024
648,729
1878.
33,710,121
4,932,653
7,000
233,290
1,114,702
1880.
1879.
34,553,530 35,682,202
873,289 ?
223,000 5
255,681
1,335,050
o
Q77
275,408
1,221,297
37,240,550 39,556,578
The 40,200 shares of stock represented in the account in previous
years have been canceled.
, ,
t $557,148 of these two items was transferred to income account in
year 1878, as of doubtful value.
The company is now enabled to compete more
; includes: Loans and cash in New York; due from Post Office Depart¬
ment
cash, cash items and balances due from other roads, in hands of
than before for a share of the through South¬ treasurer
at Chicago.
western business.
Locomotives
Pass., mail & exp.cars
Interest
Assets of sink’g
to March 31,1880, the sum of $110,637.
In the month of December an arrangement was
the Hannibal & St. Joseph Railroad Company,
*
Freight cars
$1,953,978
Expended in improvements, new
of second track and branches
Miles owned, leased
and controlled
Total
*
*
;
43,194,335 39,997,766
674
THE CHRONICLE.
1877.
1878.
Liabilities—
$
Stock, common
24,999,800
Bds (8CC Srppi.EMEXT) 10,000,900
Cominis, sinking
Miscellaneous
20,979,900
11,190
8,296,032
5,245
6,267,454
8,571,433
39,997,766
37,240,550
39,556,578
9,998,000
716,429
7,505
7,001
8,187,534
Total liabilities... 43,194,335
1880.
$
20,979,900
9,982,000
fund
Profit.,bal. inc.acc’t.
1879.
$
20,979,800
$
10,000,000
Pittsburg Fort Wayne & Chicago Railway.
'
(For the year ending Dec. 31, 1879.)
company’s report gives the following statement of
ings, expenses, net earnings, &c., for the year 1879 :
This
Earnings from freight
Earnings from passengers
Earnings from express
Earnings from transportation of mail
Earnings from rent of railway
Earnings from miscellaneous
$6,066,593
1,922,806
131,908
137,888
1
135,426
:
57,758
Total earnings
Less expenses
$8,452,382
4,501,128
Net earnings
Add net gain in operating New Castle & Beaver Val¬
ley Railroad
Add net
$3,951,254
$486
8,693—
gain in operating Lawrence Railroad
9,180
$3,960,434
From which deduct
amount paid Cleveland & Pittsburg
Railroad, division of joint earnings
’
The gross
For 1879
Against the
earnings shown by lessee
expenses
of
Against the
$8,452,382
7,830,109
1878
over
$622,273
operating and maintaining
1879.T
For
were :
$4,501,128
same for 1878
Increase for 1879
over
4,140,912
1878
Summary of financial results
lessee:
$360,216
of the business of 1879 to the
-
Gross earnings
$8,452,382
Operating and maintaining
4,501,128
Net
$3,951,254
As against the same for 1878
Increase, net, for 1879
3,6*9,196
over
1878
$262,057
Taking the above net for 1S79
$3,951,254
And
adding gain iu operating New Castle & Beaver
Valley Railroad
And of Lawrence Railroad
$486
8,693—
Shows total
Deduct amount allowed Cleveland &
division of joint earnings
Pittsburg Railroad,
3,519,613
Out of this net of
The lessee paid:
For dividends on original
on
on
on
Pittsburg Fort Wayne
728,700
140,000
80,000
equipmenthonds
$100,000
construction bonds
net profit to lessee of
Out of which the lessee
pays
which it finally reaps
7
siuking fund, the
cent, of the
Western
owns
referredof stock
and 40mortgage
per cent bonds
of common
and to the
E olders
the third
issuedstock,
by the Southern
Railroad of
Long Island (to the amount of $500,000), in the
proportion of 40 per cent of preferred stock and 60 per cent of
common stock.
The Brooklyn & Montauk road extends from
Brooklyn to Patchogue, Long Island, with branches to Rockaway and Rockaway Beach; also to Fresh Pond, and to the
junction of the New York & Flushing road, near Hunter’s
Point, and has the same rights as to franchises and to con¬
struct branches that the Southern Railroad
Company of Long
Island had. The road and branches now built are about
seventy
miles. The only incumbrance on the road is a
mortgage for
$750,000, covering the main line, and a mortgage for $60,000,
covering a portion of the Rockaway branch.
Chesapeake & Delaware Canal.—The stockholders of this
company held their annual meeting at the office in Philadel¬
phia, June 7. The report for the year ended May 31, 1880,
was presented, as follows :
Received from tolls
Received from all other sources
Balance on hand May 31, 1879
$189,804
11,978
44,550
Total
Cash balance in treasurer’s hands
Deduct five months’ accrued interest
$53,795
49,842
Sui-plus
...<
$3,953
There has been an increase of reveifue from tolls of about
$30,COO for the year just ended over the preceding year. This
increase precludes the
of
resorting to the
company, it is confidently
position which will enable it hereafter to meet all
2,000—2,828,670 necessary expenses, and the interest on its
mortgage loan, and
to apply considerable balances
occurring for each year to the
$900,628
reduction
a
of the loan.
104,100
$796,528
NEWS.
Anthracite Coal Fields.—The
Philadelphia Railicay World
“We have received from Messrs. Sheafer, engineers of
mines, at Pottsville, a copy of a ‘Diagram of the
Progress of
the Anthracite Coal Trade of
Pennsylvania, with Statistical
Chicago & Northwestern.—The sinking fund six
per
cent
bonds of 1879, to the amount of
$4,040,000, have been admitted
to the New York Stock
Exchange list. The company’s appli¬
cation says : On October 15, 1879, this
company made applica¬
tion to have its issue of bonds, known as
“ Chicago & North¬
western
Railway Company sinking fund six
per cent bonds of
1879,” amounting in the aggregate to $15,000,000,
placed on
the
active list of the New York Stock
Exchange, and a descrip¬
tion of the issue was set forth in said
application. The gov¬
erning committee on November 12 last recommended that the
amount of $2,400,000 of said bonds, embraced in the
trust deed
of October 1,1879, to the Farmers* Loan & Trust
Company,
trustee, be placed on the regular list. Application is now made
Tables,’ etc., which they have recently issued. It illustrates for
placing the further amount of $4,040,000 of said issue of
the rapid growth of the anthracite coal trade and
the periods bonds
upon the regular list. This amount is secured by sup¬
when its avenues to market were
opened, and also furnishes plementary trust deeds dated
other interesting information
April 1,1880, and May 1, 1880,
relating to the coal and iron pro¬ conveying to the same trustee,
the first mortgage bonds, in
duction of this and other countries.
like amount of the following
“The estimated
companies
quantity of anthracite coal, in tons, in the been built or acquired, or are in course ofwhose railroads have
three coal fields, together with the relative amount
construction, to wit,
of waste
namely :
and quantity mined, is stated as follows:
The Southern or Dakota Central Railroad
Company, 120 milea, at $15,000 per
Schuylkill coal field has an average thickness of twenty-five
mile
$1,800,000
yards, and its original total estimated contents consisted of Toledo & Northwestern Railway, 67 miles, at $15,000
per mile, 1,005,000
Stamwood
&
11,306,240,000 tons, of which two-thirds are probably waste, and
Tipton Railway Company, 8 miles, at $15,0C0 per
mile
z
one-third probable yield, the latter
120,000
Chatfield
quantity amounting to
Railroad Company, 11 miles, at $15,000
per mile...
165,000
3,768,746,666 tons. In this field 145,594,825 tons have
Menominee Railway Company, 10 miles, at
$15,000 per mile
already Sheboygan & Western
150,000
been mined, and double that
Railway Company, 80 miles, at $10,000
quantity wasted. The probable
per mile
yield of the Middle coal field is estimated at 1,451,488,000 tons,
800,000
of which 68,977,677 tons have been mined.
The probable yield
Total
$4,040,000
of the Northern or
Wyoming coal field is estimated at 3,066,Total railroad, as above, 296 miles, 216 of which are at
$15,624,000 tons, of which 143,527,944 tons have been mined.
000 per mile and 80 at $10,000
The anthracite coal areas owned
per mile
None
of the Chicago
by the leading
and & Northwestern Railway Company sinking fund six per cent
coal-transportation companies are stated as follows: railway
The Lehigh bonds of 1879 can at
any time be issued unless previously secured
Valley owns 18,0^6 acres, or 24 per cent, of the Middle coal
first
mortgage
by
bonds
on additional completed railroad actu¬
field, and 6,934 acres, or 4,per cent, of the
Wyoming coal field; ally built or acquired. This amount of $4,040,000 of bonds of
the Lehigh & Wilke3-Barre owns
7,600 acres, or 8 per cent, of this
company will be issued in coupon or registered form, or
>
Expenditures—For material, wages, repairs, interest on mort¬$246,333
gage loan, taxes, salaries, rents, interest on borrowed
money,
drawbacks and overcharges
192,537
believed, in
There remains due in guaranteed
special stock to lessee, for
betterments in 1879, the sum of $309,498.
GENERAL INVESTMENT
&
3,500 acres, or 3 per cent, of the Wyoming coal
field; the Pennsylvania Coal Company owns 10,000 acres, or 6
per cent, of the Wyoming coal field; the Philadelphia &
Read¬
ing Coal & Iron Company owns 65,303 acres, or 70 per cent, of
the Schuylkill coal field, and 23,250 acres, or 32
percent, of the
Middle coal field; the Pennsylvania Railroad
Company owns
6,000 acres, or 6 percent, of the Schuylkill coal field, 9,000
acres,
or 9 per cent, of the Middle coal
field, and 5,823 acres, or 6 per
cent, of the Wyoming coal field. The area of the
respective ’
fields is as follows: ^Schuylkill, 93,440
acres; Middle, 80,640
acres; Wyoming, 126,720 acres.
Brooklyn & Moiitank.—The company’s stocks have been
placed on the New York Stock Exchangelist, as follows : Pre¬
ferred stock, to the amount of $1,100,000 ;
common stock, to
the amount of $900,000. The road is a
reorganization of tue
Southern Railroad Company of Long Island, and is now
leased
to the Long Island Railroad
Company for fifty years from Oct.
1, 1879, at an annual rental of 25 per cent of the net
receipts of
the entire system of roads operated or
leased by the Long
Island Railroad Company. The stock was issued to the
holders
of the sinking fund bonds of the South Side Railroad
Company
(to the amount of $1,500,000), on the proportion of 60 per cent of
benefit of
the lessee of
per
Wyoming coal field; the Delaware Lackawanna
necessity
Showing an absolute immediate cash profit on operation of
the Pittsburg Fort Wayne &
Chicago Railway for 1879 to
says:
the Schuylkill coal field, 7,000 acres, or 8
per cent; of the Mid¬
dle coal field, and 7,400 acres, or 5
per cent, of the Wyoming
coal field; the Delaware & Hudson owns 20,042
acres, or 12
contingent
fund for the payment of interest and:
expenses, as was the case
last year. The improved condition of the
general trade and
business of the country will place the
7,000
473,970
10,000
7,000
on $6,770,998 guaranteed
special stock.
paid for maintaining organization
Amount paid New York Transfer
Agency
Amount paid N5w York
*.
Registrar .".
Amount
a
$209,684
$3,729,298
-.
first and second mortgage bonds
third mortgage or income bonds
Leaving for 1879
$3,960,434
$3,729,298
Increase, net, for 1879
on
9,180
231,136
Net for 1879
Net for 1878
Interest
Interest
Interest
Interest
Interest
231,136
were :
same for 1878
Increase for 1879
The
earn¬
r^. xxx
,
June 26,
THE
1880.]
both, to represent the miles of railroad above described as the
shall be completed from time to time during the present
same
year.
Chicago St. Paul Minneapolis &
G75
CHRONICLE
Omaha.—This important
consolidated company has had its stock and bonds placed on the
N. Y. Stock Exchange list, with the followng statement: Pre¬
ferred stock, $9,755,000; common stock, $13,755,000; consolidated
The Chicago
6 per cent 50-year mortgage bonds, $14,700,000.
St. Paul Minneapolis & Omaha Railway Company is a corpora¬
tion of the State of Minnesota, and now owns the Chicago St.
Paul & Minneapolis, the North Wisconsin and the
River Falls railways, together with large depot grounds at
Hudson &
St.
Paul and Minneapolis, and has a lease in perpetuity of the St.
Paul Stillwater & Taylor’s Falls Railway track from the Minne¬
sota State line to St. Paul. It is also authorized and empowered,
under its articles of consolidation, to secure, whether by pur¬
chase, construction, retirement by way of exchange or other¬
wise, within or without the limit of said State, such railway ex¬
tensions as may be by the Board of Directors hereafter ordered,
subiect only to the conditions that the consolidated company
shall in no event issue its bonds to a greater extent than $15,000
per mile, and its preferred stock to a greater extent than $10,000
per mile, and its common stock to a greater extent than $15,000
ties, laying track, bridging,
to be
ballasting, fencing, etc., the work
wholly completed by the 15th of December next.
Marquette.—The land sales of this company
present year are as follows : From Jan. 1 to May 17,
inclusive, there were sales of 11,787 acres, at an average of
$17 26 per acre, amounting to $203,504. The sales numbered
73. The timber sales amounted to $3,196, making the total
Land Department sales, in amount, $206,700. The collections
during the same period amounted to $188,163. The bills re¬
ceivable on hand May 1 were $912,089, of which $88,436 was for
interest and $823,652 for principal. The acres unsold May 17,.
1880, were 178,285.
Houston & Texas Central.—The following is an official
comparative statement of the earnings and expenses for the
Flint & Pere
for the
years
Gross
ending April, 1879 and 1880 :
earnings
1880.
$3,409,743
$1,311,072
$1,556,595
1,720,559
Operating expenses (including taxes)
Net
Increase iu gross earnings (12 47 per
Increase in expenses (7-71 per cent)
1879.
$3,301,631
cent)
1,863,148
378,111
132,588
$245,522
earnings for the year ending April last were used
in payment of interest, reduction of floating debt and better¬
per mile, for any railway hereafter purchased or constructed.
ment of the road; $88,841 of the increase m the expenditure
Its total authorized consolidated mortgage debt will be of 6
per cent 50-year bonds dated Juue|l, 1880
$30,000,000 was for the latter purpose, including cost of new rails, ties and
Its total authorized preferred capital stock.;
20,000.000 fastenings.
30,000,000
Its total authorized common stock
Louisville New Albany & Chicago.—At a special meeting
Total.
$80,000,000
in New York, June 21, the stockholders voted unanimously to
The present company has no floating debt, and has over authorize the execution
of the new mortgage to secure
$1,000,000 in its treasury for the purpose of purchasing equip¬ $3,000,000 of bonds. The proceeds are to be used for improve¬
ment and making improvements. From its $30,000,000 of
ments, new equipment, &c.
bonded debt, $7,700,000 only will be issued for the purpose of
Nashville Chattanooga & St. Louis.—-The following is a
retiring the present mortgage debt of the companies forming
this consolidation and $7,000,000 only for the purpose of retir¬ comparative statement of receipts and expenses for eleven
ing an equal amount of the first mortgage bonds of the St. months ending May 31, 1880:
receipts.
Paul & Sioux City Railroad Company. From its $20,000,000
Inc.
1879.
'
1880.
of preferred stock, $3,000,000 only will be issued for the pur¬
:
$376,058
$451,396
75,337
Passage
pose of retiring the present preferred stock of said companies Freight
1,111,860
1,337,192
225,331
33,888
and $6,755,0U0 only for the retirement of an equal amount of Mail
33,888
21,065
322
20,743
the preferred stock of the St. Paul & Sioux City Railroad Rents and privileges
Company. From its $30,000,000 of common stock, $7,000,000
Total
$1,542,549. $1,843,542 $300,992
EXPENSES.
only will be issued for the purpose of retiring the present com¬
Maintenance of way
$294,699
$323,381
$28,682
mon stock of said companies and $6,755,000 only for the pur¬
Motive power
245,126
258,305
13,178
pose of retiring an equal amount of the common stock of the Maintenance of cars
139,381
45,140
94,240
St. Paul & Sioux City Railroad Company.
Conducting transportation
229,763
255,299
25,535
The property now consists of 272 miles of finished and equip¬ General expenses
* 84,876
87,856
2,980
ped railroad, and a leasehold right in the St. Paul Stillwater &
$1,064,224. $115,517
$948,707
Taylor’s Falls Railroad of 20 additional miles. Of these 292
miles, 190 are laid with steel rails. The company owns 900,000
acres of land, more than half of which are first quality pine
lands and the balance principally hard-wood and farming
lands. All these lands are exempt from taxes; those of Chicago
St. Paul & Minneapolis Railway (being about 400,000 acres)
until 1881, and those of the North Wisconsin Railway until
1890.
the stocks of the Chicago St. Paul & Minne¬
apolis, the North Wisconsin and the St. Paul & Sioux City com¬
panies will be omitted from the list, and only the stocks of the
consolidated company dealt in.
Colorado Coal & Iron Co.—The securities of this company
have been placed on the New York Stock Exchange as follows :
First consolidated mortgage 6 per cent gold bonds, dated Jan.
1,1880, to the amount of $3,500,000. These bonds, according
to the company’s statements, are to be used:
First—To take up and cancel the same amount of 6 per cent
gold bonds of the Central Colorado Improvement Co
$1,500,000
Seoond—To take up and cancel the same amount of 10 per
cent bonds of the Southern Colorado Coal & Town Co
104,300
After July 10
$1,604,300
Third—To meet subscriptions
already made to the amount of
$400,000, to the first •onsolidated bonds of the
Coal & Iron Co., and paid up to the extent called,
the first. 10 per cent instalment
40,000
$1,644,300
company’s treasury, unissued, of which $360,000 are due
on subscriptions to these bonds (as instalments are paid).
In
(18*72 per cent)
$5^3,342
$779,317 $185,475
Chicago.—The purchasing committee
of this company for the bondholders
at foreclosure sale, will, under instructions from the said bond¬
holders, offer the same at public sale in New York, July 13.
The property will be sold just as received from the court, sub¬
ject to certain liens for taxes, &c., and also to the conditions of
an agreement made with certain bondholders in January, 1873.
Ohio & Mississippi.—A telegram from Chicago announces
this week that the Dimpfel case has been dismissed by Judge
Drummond. This is the suit which was commenced by Dimpfel and others to invalidate the Ohio & Mississippi Railroad
" •
Springfield Division bonds.
Owensboro & Nashville.—This company, purchaser of tiie
Evansville Owensboro & Nashville Road, in bankruptcy, having
paid up, a full conveyance of the property has been made:
The court also ordered a dividend of 3 43 per cent on the face
Net earnings
New York West Shore &
who bought the property
paid to holders of the old bonds, from the
Court.
property of the Louisville & Nashville
of the bonds to be
funds in charge of the
The road is now the
Company.
Colorado
uamely:
Gain in net earnings
The net
1,855,700
Texas & Pacific.—The board of directors of the Texas &
Pacific Railway Company have directed the issue of scrip* in
accordance with the terms of the mortgage, for twelve months’
interest, at the rate of 7 per cent per annum, to July 1,1880.
on the income and land grant bonds of the company.
Pennsylvania Railroad.—This company’s earnings are
reported
for May, and the clear statement below is compiled
The company has no floating debt, nor had the old compa¬
for the five months January 1 to June 1. The gross ana net
nies at the time of the consolidation.
earnings on the lines east of Pittsburg and Erie have been very
The only other debt of either oonsista of five-year coupon cer¬
large, showing an increase in gross earnings of $3,099,347 and
tificates of the Central Colorado Improvement Company,
due May 1,1882, for
$135,000 in net earnings of $1,837,367.
And bearing 6 per cent gold per annum, payable yearly on
ALL, LINES BAST OF PITTSBURG AND ERIE.
Net earning8.
May 1. Against which the trustee holds in coupon certifi¬
Gross earnings.
1879.
cates of the Denver & Rio Grande Railway Company
109,200
1880.
1880.
1879.
The oompany also owns, in the first mortgage 7 per cent gold
$1,019,531
$1,366,298
$3,083,551
$2,543,424
January
bonds of the Denver &. Rio Grande Railway Company,
1,172,986
1,232,182
2,944,576
2,538,039
February
987,223
Canyon City Di vision, the same being in trust with Lewis H.
1,511,248
3.278,186
2,603,068
March....
1,031,026
Meyer, trustee, as additional security for the bouds of the
1,495,582
3,488,366
2,630,022
April
Central Colorado Improvement Company
1,040,000
1,034,092
1,476,652
3,417,916
2,708,695
Total..
$3,500,000
:
.
And in the 8 per
The other
cent town bonds of Canyon
City
65,000
obligations are: “
May
Total
One hundred thousand shares of the company’s capital stock,
$100 per share
Ox which there have been and are being issued, in exchange
for the shares of the companies from which the consolidated
10,000,000
$13,023,248
$7,082,162 $5,244,796
of Pittsburg & Erie, there appears to be
discrepancy in the figures published in Philadel¬
$16,122,595
As to the lines west
some error or
phia. The net surplus over liabilities for the five months is
9,250,000 reported as $1,302,655, which is said to be a gain over the same
750,000 period in
1879 of $1,469,605; but if we look at 1879 as reported
m Yol. 28 of the Chronicle, June 28,1879, page 649, we find the
Detroit & Butler.—The Detroit Tribune says that the con¬
net surplus there was $63,430, and the gain this year is theiefoie
tract for building the Detroit & Butler Roaa has been let to
Generals J. S. ana D. T. Casement4of Painesville, Ohio, TCie only $1,239,225. Some explanation is required of this dis¬
oontract covers the entire work, including grading, famishing crepancy.
3 company was formed, 92,500 shares of $100
And there remains in the oompany’s'treasury
each
676
THE CHRONICLE.
■SJhc
COTTON.
jinxes.
Friday, P. M., June 25, 1880.
COMMERCIAL EPITOME.
Friday Night, June 25, 1880.
The weather has
business
become
very
hot, and the thoughts of
turning
somewhat from trade to the
is, therefore, no great degree of
activity, except in the export trade. Money is very cheap, but
speculation is generally not active. The Democratic National
Convention nominated Winfield S. Hancock, the senior
MajorGeneral of the regular army, as the candidate of that
party for
President. He is in every respect’ worthy. The excellence of
the candidates of the two principal parties, as now named,
assure a conservative and patriotic administration of national
summer
men
are
There
resorts.
affairs for another four years.
Early in the week the previous buoyancy and strength of the
provision market received a severe check, and latterly prices
have ruled weak and uncertain; to-day pork sold on the
spot
at $12 40; August, $12@$12 15; September and October, $12(3)
$12 30. Bacon ruled firm at 7@7%c. for long clear and on the
spot. Cut meats were rather quiet but firm. Lard also showed
as further decline to-day, with prime Western quoted on the
spot at 7*15@7*17%c. for future delivery; sales of June at
7*12%@7*15c.; July, 7'12%@’17%c.; August, 717% @7*22% c.;
September, 7*20(3)7*30c.; October, 7*32%@7*35c.; seller year,
7T0@7*15c.; refined to the Continent quoted at 7*70c., closing
at 7*65c.
Beef has had
for extra India
a
fair movement for export at $16@$17
Beef hams rule firm at $18@$21 52 as
to quality.
Butter and cheese have latterly declined mate¬
rially, and a weak and unsettled tone prevails.
The following is a comparative
summary of aggregate
exports, from November 1 to June 19:
lbs. 48,14 <,200
1878-79.
Increase.
50,091,000
lbs.549,344,446
lbs.264,387,‘297
550,450,952
237,566,233
26,821,064
lbs.861,875,943
838,103,185
26,821,064
Total
The Movement of the Crop, as indicated
by our telegrams?
(rom the South to-night, is given below.
For the week ending
this evening <June 25), the total
receipts have reached 23,511
sales, against 19,870 bales last week, 18,580 bales the previous
week and 23,674 bales three weeks
since, making the total
receipts since the 1st of September, 1879, 4,825,077 bales, against
4,420,903 bales for the same period of 1878-9, showing an increase
since September 1, 1879, of 404,174 bales. The details of
the
receipts for each day of this week (as per telegraph) are as follows:
Receipts at—
New Orleans
Sat.
Mom
Tues.
Wed.
Thurs.
Decrease.
1,946,800
1,106,506
A very good movement has been noted in
groceries
the past week ; full figures were obtained and a
during
Total.
863
1,200
1,026
700
661
Mobile
4,654
436
185
1
158
35
69
884
Charleston
220
171
57
82
24
86
640’
Port
....
....
Royal, &c.
Savannah
306
Brunswick, &c.
361
....
Galveston
•
68
Indiahola, <fcc...
Tennessee, &c..
....
Totals this weefc
3,573
•
•
-
•
•
161
252
....
....
30
....
....
553
365
....
....
....
....
m
mm
814
11
12,000
.
1*
175
m
3,543
....
14
1,281
11
....
188
4,602
....
948
....
•
•
183
....
....
•
•
1,366
....
•
.
367
....
•
•
153
•
1,577
....
....
•
53
....
....
City Point, &c..
•
....
463
....
,
48
•
....
31
Norfolk
•
2,721
....
Wilmington....
Moreh’d City,&e
•
113
1,845
Florida
....
.
.
.
....
•
•
•
46“
29
20
769
2,513
639
630
3.111
2.417
3,719
6,089
23,511
For comparison, we continue our usual table
showing this
week’s total receipts and the totals for the
corresponding
weeks
of the four previous
years :
Receipts this w'k at
1880.
New Orleans
1879.
1878.
1877.
1876.
4,654
962
1,500
888
Mobile
3,194
884
177
451
391
616
Charleston
640
55
179
302
143
27
93
78-
Port
Royal, &c
....
....
savannah
1,281
1,515
1,043
1,303
Galveston
1,456
814
841
1,332
362
800-
11
26
12
4
12,000
2,230
1,100
2,123
888-
tndianola, &c
Tennessee, &c
Florida
3,053,306
Fri.
204
...
mess.
1879-80.
Pork
Bacon
Bard
| Voi. XIX.
29
North Carolina
Norfolk
3
75
49
128
262
101
2,513
407
787
753
1,251
639
31
271
38
29
City Point, &c
firm tone
Total this week
23,511
6,923
6,879
6,519
8,559
has ruled until the close when the demand fell off; fair
cargoes
Total since Sept. 1. 4,825,077 4,420,903 4,237,315 3,933,656 4,056,109
of Rio quoted at 14%@15c.; jobbing lots, 13@16c.; mild
grades
quiet at 23@25c. for Java and 14@18c. for Maracaibo. Rice
The exports for the week ending this
evening reach a total of
quieter at 6%@7%c. for Carolina and 5%@6c. for Rangoon. 43,652 bales, of which 33,994 were to Great Britain* 4,595 to
and 5,063 to rest of the Continent, while the stocks as
Molasses firm at 36c. for 50-test
refining Cuba and 40@60c: for France
made un this evening are now 287,937 bales.
New Orleans. Refined sugars lower
to-day and quiet; Standard exports for the week and stocks to-night, and a Below are thecomparison with
“A” 9%c.; granulated, 9%c.; others,
10%@10%c. Rawsugars the corresponding period of last season.
dull and unchanged ; fair to good
refining Cuba, 7%@7*81e.;
Week
EXPORTED TO—
STOCK.
Total
Same
centrifugal, 8%@8%c.
this
ending
Week
very
...
Hlids.
Stock June 1,1880
Receipts sluce June 1, 1880
Bales since June 1, 1880
Stock June 23, 1880
Stock June 25. 1879
There has been
129,365
45,749
39,849
135,265
77,970
Boxes.
6,558
2,503
4,330
4,731
26,067
Baers.
904,494
324,092
351,046
977,540
662,670
Melado.
6,728
486
185
7,029
2,672
fair trade in naval stores, and all prices have
been well sustained at $1 40(3$ 1 45 for strained to
good strained
a
rosins, and 29@29%c. for spirits turpentine. Petroleum has had
a large movement at
materially-advanced prices; refined sold
here and at the outports to the extent of 300,000 bbls.
early in
the week at 10%c., but at the close 9c. was the best
figure
Suoted.
eclined to-day
Crude certificates
as slightly
high as stronger
$1 25, but
to $1 01%, have
and sold
closed
at
$1 08% bid and $109% asked. Metals are without particularly
new features ; the
general tone is firmer, though no perceptible
advances, outside of tin and copper, have taken
place; ingot
copper closes strong at 19@19%c.; pig tin, 18%@16%c. for
Straits.
Kentucky leaf has continued quiet. Sales for the week are
only 550 hhds., of which 400 for export and 150 for home con¬
sumption. Prices remain firm; lugs quoted at 4@5%c.. and
leaf, 6@12c.
-
Seed leaf tobacco has been much less active, but
prices are generally well supported. Sales for the week are
only 828 cases, as follows : 400 cases 1878 crop, Pennsylvania
10%c. to 30c.; 100 cases 1878 crop, New England, 13c. to 25c.
78 cases 1878 crop, Wisconsin, 9c. ; 150 cases 1879
crop, Ohio
private terms ; and 100 cases sundries, 9c. to 18c. The move¬
ment in Spanish tobacco continues
pretty free, the sales aggre¬
gating 750 bales Havana at 80c. @$1 15.
Ocean freight room has beeu
quite active, particularly for
petroleum charter room, and all rates show a general advance
The engagements to-day included
grain to Liverpool, by steam,
6d., standard bushel; cotton, 3-16(3%d.\ bacon, 30s.; butter anc
cheese, 40s.; grain to London, by steam, 8d.; do. to Glasgow, by
steam, 8%d.; grain to Stockholm, 5s. 3d. perqr.; do. to a Swedish
port, 5s. 9d.; do. to Antwerp, 4s. 6d.; do. to Boideaux or Ant
vrerp. 5s.; do. to Hambure (July load ing),'4s. 7% d.;. refined pet
roleum to Bremen or London, 3s.
6d.; do. to Bremen or
Hamburg, 3s. 6d.; do. to Amsterdam, 4sf; residuum to Liver
pool, 3s. 9d.
Great
June 25. Britain.
N. Orl’ns
12,674
Mobile..
.
Galv’t’n-
.
.
Norfolk-
Other*..
....
1,203
2,500
.
....
3,154
6,867
6,120
5,179
S. York.
1,914
....
....
Savan’h.
nent.
....
....
Charl’t’n
Conti¬
France.
....
....
3,392
649
....
....
....
—
Week.
14,583
1879.
3,476
....
....
3,703
....
....
3,154
10,908
6,120
5,179
....
....
1880.
1879.
82,305
11,146
4,457
7,422
23,531
4,016
2,742
2,624
629*
3,310*
1,474 138,365 134,551
13,476
26,750
....
1,405
1,561
18,000
Tot. this
week..
33,994
4,595
5,063
43,652
6,355 287,937 186,998:
Tot. since
Sept. 1.. 2459,202 358,680 834,120 3652,002 3334,241
......
......
♦The exports this week under the head of “other ports” include, from Bal¬
timore, 1,040 bales to Liverpool; from Boston, 2,738 bales to Liverpool; from
Philadelphia, 1,395 bales to Liverpool, and from San Francisco, 6 bales to Liv¬
erpool.
From the foregoing statement it will he seen that,
compared
with the corresponding week of last season, there is an increau
in the exports this week of 37,297 bales, while the stocks
to-night
are 100.939 bales more than
they were at this time a year ago.
In addition to above exports, our telegrams
to-night also giveus the
following amounts of cotton on shipboard, not cleared, at
the ports named.
We add also similar figures for New York,,
which are prepared for our special use
by Messrs. Carey, Yale &
Lambert, 60 Beaver street:
On Shipboard, not cleared—for
June 25,at—
Great
Britain.
New Orleans
Mobile
uuarleston
Savannah
Galveston
New York
Other ports
Total
x
France.
5,590
4,330
None.
Other
Foreign
Total.
252
None.
16,157
4,330
66.1486,816
50
350
200
None.
7,222
5,282
5,033
Noue.
300
Noue.
9,000
2,000
None.
None.
None.
Noue.
None.
None.
Noue.
200
None.
Noue.
None.
20,920
5,282
7,133
502
None,
None.
Included in this amount
ports, he destination
Noue.
i 800
2,500 bales at
of which we c annot learn.
are
Leaving
Coast¬
wise.
Stock.
4.J07
2,000
4,016
125,065
38,226
36,337
251,600
*13,300
presses
for foreign
June 26,
677
THE CHRONICLE.
1880.]
H
following is our usual table showing the movement tf
cotton at all the ports from Sept. 1 to June 18, the latest mai.
S*»
C a*
dates:
P'S Si
SP
The
1878.
1879.
Great
Britain.
*
361,067
350,094
477,244
722,839
467,217
201,681
20,141
Char’n*
Bav’h..
Galv.*.
-N. York
514.113
703,031
560.425
147,452
X. Car.
102 851
23,863
UorPk*
720,365
276,081
558,959
210,049
234,674
239,132
Other..
1,177
1,479
....
pen
8.912
1,390
19,537
25,318
264,450
26 500
4414,610 2004,531 409,095 914.260 3327,886
Last ye ar
the
down
to
to
Cotton
ment.
hales, including
the spot was dull,
:
•
to
*
ft
!
CD
!
:
:
p
0*
.
•
;
!
:
: *
!
!
hi
h-*
sales foot up
•
g*3
Sal
piO*r*M
®
CO
;
•
1
.
.
»
•
•
•
'
co
:
;
: :
:
:
;
4
•
•
•
•
^
:
:
•
•
QD
•
ct
•
•
•
•
..
:
: v?
:
:
r-
:
•
•
»—*
1
01 O'
A
0510
to 05
O'O'
COCO
1
1
O'
0
I-1
6n(±
-
1
t-*)-*
05 0)
C5 05
05 O'
-
05 05
t—f*
t— *-*
(-»»—
t—‘‘
H-M
Cid>
05 05
C5 05
05
tO,.
f7105
•iS|
7*7*8
1- 1* 0®1 - 17,60
7* 7*0
© 009
05 1
05 05
C 05
Hr
f r^oo
1
^ ro
0105
Cicj>u
61,40 :5@1* 8.90
)-* 1—
M
rf-tf*
tf-
t—1 M
7—
i-*
I
JL®*.
f
02
02
O
-
*-*
rtJ <1
h- hi
-
MH*
®£
1
1
'
O' O'
05 05
05
0 »-*
O'^l
-1
cco:
0
O'05
teto
05
05
M M
r— 1—
M M
M M
h— hi
MM
MM
MM
MM
MM
VJ.
32“
©e)-!;
1
MMg
7*7*8
hi h-
r* M
MO
M 00
CO
1
mmS
7*7*0
'67®
7
0
—
1
*
7
0
—
1
*
1
6
.
4
0
•60@1* 32,90 •70@1* 21.70
-16•
11*
'
0105
OD —1
1
2®
<1
CO
*j0
M
to
®5
1
—4 *4
05
1
MM
MM
M M
M *-
MM
MM
MM
M M
MM
M
6ou
MM,.
M
mA
to CO
1 8-2
MMg
M M
1—1 * 0®l* 19,0
G® O'
M M
M (-*
c to
to to
05 O'
OO 05
oo 00
7*7*8
toes
! ©
8-“
1
M M
7*7*8
MM
.
lg*aJ
1 ®«
7o
^®
1
1
1
1
M
M
05
05
I ©
0-1
for
1,654 for consumption,
for speculation, and
in
Of the above,
bales were to arrive. The following
the official quotations and sales for each day of the past week:
Sl-S
to
>—H*
the
free on board. For immediate delivery
this week 3,691 bales, including 2,037
—■—
^
mi-*
1—
and prices have declined.
export,
transit.
-are
&
O'05
Quotations were reduced l-16c. on Wednesday aod l-16@7-16c.
on Thursday, the greatest depression continuing to be felt in the
lowest grades of both white and stained lot3.
To-day the market
was quiet and unchanged at 112c. for middling uplands.
The total sales for forward delivery for the week are 316,400
*otal
•
;
•
*
-lO
on
2*.~£s
aO-O-C
•
;
•
®
—li* ®n* 700
of Norfolk is included Cit»
there was some irregularity at the close; this crop being
weak, and the next rather firmer. On Wednesday there was
rsomethingof a new feature in a pressure to sell July and August,
and to buy September, causing a decline of 13 points for July
and 9 for August, while September, in the face of a generally
lower market, yielded but a single point.
Yesterday there was
a slight but more uniform decline, till toward the close, when
there was a recovery, and the later months closed dearer.
To¬
day the opening was flat, but the close was at some improve¬
rt
^
tf-
■
Oi.
207,101
ever,
»
-v
®
speculation in futures was dull at drooping prices till
to the close of W ednesday’s business.
On Tuesday, how¬
The
a
d OB*
K
®
®
I®! I
...
lndianola. Ac.; under the head
Galveston is included
Point, Ac.
£*hr§
S-
&
§»
Bgi
p-b :
2425,208 354,085 829,057 i 3608,350 318.219
Ibis yr. 4801,566
pS- g
c®
g&E*
TO—
35,487
245,065
10,447
a
® C-J
•
56,417
134,775
Florida
aj
863,537 253,057 245,876 1362.470 93.585
79,867 10,143 17,355 107.365 11,650
8.366
154,040 19*422 165,791 339,253
7,937
423,342
219,240
18,950
185,152
290,647
8,071
49,679
23,831
217,137
427,306 26,026 86,439 540,271 141,183
N.Orlns 1463,053 1169,222
Mobile.
a*®
o
£3 03 *®
Total.
Foreign
P 2.
jr**s
®
a o
Stook
Other
France.
2.213
®
O
•I-
Ports.
SEPT. 1
EXPORTED SINCE
RECEIPTS SINCE
SEPT. 1.
aS.§*
<0 £1
©
on ®
3
33
(77J9P®
-
00
zpzh
o
OO
coo
to
©,
m^t
ocg
02 02
OO
19 to
June 25.
-June
Sat.
87s
878
87s
878
9*2
912
912
912
912
ll78
H78
ll7s
1218
125s
12*8
12is
12is
1218
1278
125a
12 7s
125a
1278
1258
12 7s
125s
1278
1338
1338
133s
1338
1338
133a
14
14
14
14
14
119i6 119x6
Midd’g Faii-
114
Pair
812
918
9716
1018
103a
1058
I07s
113s
11 Lj
111310 1134
81316
8i316
9516
Strict Ord.
Good Ord.. 10U
Btr. G’d Ord 10%
Midd’g 113s
-fltr.L’w Mid lin16
12
1^16
129ie 1212
121316 12 34
Middling... I lli516
Good Mid.Jl27ie
•Btr. G’d Mid 12H10
Th.
Wed
Fri
I Wed
12^
13»i6 1314
1315x6 1 378
|i3i8
13i310il334
Midd’g Fair 133,6
8*2
9i8
1018
105s
1130
11%
12
12Lj
123*
1314
1378
TH.
Wed
813is
9716
# lb.
-Good Ordinary
^Strict Good Ordinary
Low Middling
Middling
1030
1078
113a
113a*
Ills
1113x6 11%
121x6 12
129i« 1212
1213x6 12%
1351B jl3i4
13l5lfi 1378
Th.
8%
9
11
11
11
2,037
1,654
....
,
.
95g
95s
101olfl IOH16 ion16
10126
FUTURBS.
AND TRANSIT.
Spec- Tran¬ Total.
sit.
ul’t’n
sales.
Deliv¬
eries.
1,999
42.700
36,100
200
200
26,900
80.000
100
....
....
292
474
149
392
....
....
385
....
....
....
*4 05
M
•
M
®®o
®
The daily deliveries
•vious to that on which
•
::
1*
.
given above are
83,900
46,800
3,691 316,400
....
....
....
500
actually delivered the day pre-
they are reported.
Futures are shown by
M
9
OO
05
OiM^j
00
tsg
M
O'O'
02 02
coco
t-
hi
h-
h-
050
05 CS
i @
®®8
05
9
05
Cj 1
Oi -1
cc
the follow¬
ing comprehensive table. In this statement will be found
daily ma rket, the prices of sales for each month each day,
the closing bids, in addition to th e daily and total sales :
the
and
9 |
00
1
*
•
CK
998
1
CO
C5 C5
00^1
'
C5
1 ^
M
®
C5
CO
w
|1
I I
1
1
I ©:
1 ©:
1 s:
1
1 1 :
* 1
1 1
:
j
1 1
;
M
M
)-> M
M r-
MM
M M
OO
OO
OO
OO
OO
09
oil
O* O'
ci'c
cii
o«
did*
0 05
COO'
05 O'
05 05
OO
0000
—
I ®00
1 £)**
MMM
MMO
7*7*00
7*7*0
7*7*0
CJ * 05 0
001-10
MMO
M M 05
M M 05
7*7*0
7*7*m
<100
MMO
<t-io
M CO O
O 05 O
MOO
OO
1 ©CO
1 ©to
1
M M 05
05 05 0
orders—Saturday, 11*70; Monday,
11*55; Thursday, 11*55; Friday,
11*65; Wednesday,
Short notice for
The
j
1 I
1 :
1
1 ©>^
Ml-10
7*7*<i
'1-10
MOO
Tuesday,
11-70;
11*60.
June-Tuesday, 11*65.
following exchanges have
exch. 700 July for Aug.
exch. 200 July for Aug.
exch. 100 July for Aug.
exch. 1,000 July for Aug.
been made during the
to exch. 100 July
pd. to exch. 500 Nov.
*09 pd. to exch. 500 July
*08 pd.
*1'
week:
for Aug.
for Oct.
for Aug.
The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain ar.d the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (June 25), we add the item of
exports from the United States, including in it the exports
of
Friday only.
Stock at Liverpool
8tock at London
Total Great
Stock at Havre
bales
Britain atwk
Stock at Marseilles
Stock at Barcelona
8rook at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
1879.
784,000
52,200
636,000
45,750
1878.
1877.
818.000 1,009,0€0
11.750 46,000
836,200
72,700
5,330
47,800
681.750
829.750 1,055,000
218,500
218.500
10.000
6.500
52 COO
35.500
16.500
7.000
73.250
47.250
57.250
58.500
1880.
•>
.
The Sales and Prices of
05
05
05 05
.
Total
1
JT
*06 pd. to
*05 pd. to
*06 pd. to
*07 pd. to
SALES.
....
:
Transferable
8*6
_
OO
C5'
Fri.
9
269
197
474
149
-292
273
.
9 1:
05 Ci
1
1212
12%
1314
1378
8916
1,730
Bat.. Steady
95
Mon Quiet
Tues. Dull
Wed Q’t & easy,!i6 dee
ioo
Thurs Q’t with rev. quo.
112
Fri.
Quiet
00
CJi
9716
sump.
)-*
h—
hi
hi hi
12
SSq
port.
•
h-
8ic
9i0
1010
105s
1130
11%
912
1018
Con-
000
Frl.
85s
Ex¬
O'O'
r
912
10i?
SALES OF SPOT
99§
?9o
127s
9*2
10*8
CD..,
!
MMX
12*8
125a
85Q
MARKET AND
V
8h
9i0
lOia
Mon Tues Wed
STAINED.
8POT MARKET
CLOSED.
Frl.
00
OO'.
1o7i6 10716
101516 10l»i6
H»16 11916 119i6
1178
1178
117S
11916
..
Fair
S7s
9*2
O' O'
O' o«
Mon. Toes
Sat.
ioyxs
1?>
10ldic lbl0i6 101&16 101°i6
Btr.L’wMid
Middling.
Good Mid
Btr. G’d Mid
OO
87s
107j6
Good Ord..
Btr. G’d Ord
Low Midd’g
Low
Mon Tues
Mon Tues Sat.
Ordin’y.#
Strict Ord..
Ordin’y.$lb
TEXAS.
NEW ORLEANS.
UPLANDS.
107,250
2.250
40.000
3,000
3.000
41.900
20.400
24.750
42.000
2,550
1.250
12.250
11.500
678
THE
1880.
1.320
1879.
400
20,600
215,600
Stock at Antwerp
baleg.
Stock at other conti’ntal ports.
Total continental ports
Amer’n cotton afloat for Eur’pe
Stock in United States ports
8tock in U. B. interior ports...
United Stftes exports to-day..
..
1877.
7.750
7,500
16,000
228,400
418,750
462,750
910,150 1,248,500 1,517,750
332.000
244.000
356,000
103,000
132,000
227,000
308,000
27,000
287,937
43,466
Egypt, Brazil,&c.,aflt for E’r’pe
1878.
6,500
26,750
-
Total European stocks.. ..1,051,800
India cotton afloat for Europe. 309,000
CHRONICLE
12.000
12,000
173,737
13,357
200
186.998
14.660
9,000
3,000
19.000
256,914
Liverpool stock
532,000
.
Continental stocks
American afloat for Europe...
United States stock
United States interior stocks.
United States exports to-day.
143,000
.
649,000
355,000
103,000
186,998
132,000
14,660
3,000
13,357
308,000
237,937
43,466
.
.
.
9,000
Total American
.1,323,403
East Indian, Bruzil, dc.—
London stock
Continental stocks
India afloat for Europe
.
642,000
379,000
227,000
173,737
256,914
20,589
169,000
367,000
11,750
309,000
63,750
244,000
46,000
83,750
356,000
27,000
12,000
12,000
19,000
72,600
.
Egypt, Brazil, &c., afloat
.
.
712,800
.
577,150
500,500
871,750
984,658 1,323,294 : 1,525,503
.1,323,403
Total visible supply
Price Mid. Upl., Liverpool—
2,036,203 1,561.808 1.823,794 2,397,253
63td.
67sd.
6:*16d.
6516dt
The above figures indicate an increase in the cotton in
sight to¬
night of 474,395 bales as compared with the same date of 1879,
an increase of 212,409 bales as
compared with the corresponding
date of 1878. and a decrease of 331,050 bales as compared with 1877.
In the preceding visible supply table we have heretofore
only
included the interior stocks at the 7 original interior towns.
As we did not have the record of the new interior towns for the
four years, we could not make a
comparison in any other way.
That difficulty no longer exists, aDd we therefore make the fol¬
lowing comparison, which includes the stocks at the 19 towns
given weekly in our table of interior stocks instead of only the
old 7 towns
We shall continue this doable statement for a
time but finally shall simply substitute the 19 towns for the 7
towns in the preceding table.
American—
bales
Continental stocks
American afloat to Europe....
United States stock
United States interior stocks..
United States exports to-day..
Total America n
1879.
1878.
1877
491,000
186,000
308,000
103,000
287,937
186,993
25,223
3,000
649,000
355,000
132,000
173,737
21,240
642,000
379,000
227,000
256,914
1 ,361,109
35,811
200
995,221 1,331,177 1,540,725
—
..
252,000
52,200
London stock
Continental stocks
India afloat for Europe
72,600
309,o00
27,000
Egypt* Brazil, &c., afloat
Total visible
1880.
532.000
143,000
81.172
9,000
Liverpool stock
Total East India,
Total American
&c
712,800
1 ,361,109
supply
145,000
45,750
42,400
332,000
12,000
3
69,000
367,000
11,750
46,000
83,750
356,000
63,750
244,000
12,000
19,000
577,150
500,500
871,750
995,221 1,331,177 1,540,725
2 ,073,909 1,572,371 1,831,677 2,412,475
These
figures indicate an increase in the cotton in sight to-night
of 501,538 bales as compared with the same date of 1879, an
increase of 242,232 bales as compared with the corresponding date
of 1878, and a decrease of 338,56(5 bales as
compared with 1877.
.
Week
At the Interior Ports the movement—that is the
and shipments for the week, and stocks
9
Apr.
»»
10
*4
23
44
30
.....
Receipts at the Ports. Stock at Inter’r Ports Rec’ptsfrom
Plant’ng
1878.
1879.
1880.
51,391
44,851
40,187
37,323 108,633 107,005 252,495
38,910 95,979 91,966 238,550
30,714 89,142 87,294 220,930
30,858 75,550 78,962 204,154
25,661 05,770 71,546 186,658
24,636 56.433 59,249 170,157
20,514 46,305 51,429 161,455
23,704 39,025 42 198 143,241
23,674 34,154 37,570 130,635
18,580 29,315 32,429 115,038
19,870 23,287 29,306 96,190
14
39.016
38,850
31,196
24.252
20,097
44
21
19,732
16,673
44
28
18,220
17,113
11
12,380
11,231
18
10,721
11,089
0,612
7,188
25
6.879
6,293
7
May
44
200
145,000
45.750
42,400
332,000
.
East Indian, Brazil, die
RECEIPTS FROM PLANTATIONS.
ending—
984,653 1,323,294 1 L,525,503
252,000
52,200
.
Liverpool 6tock
another, at the expense of the interior stocks. We reach
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland
receipts or
Southern consumption;
they are simply a statement of the
weekly movement from the plantations, of that part of the
crop
which finally reaches tlie market
through the out-ports.
June 4....,
44
Liverpool stock
Total East India. &c
Total American
491,000
186,000
than
20,589
Total visible supply
2,036,203 1,561,803 1,823,794 2 397.253
Of the above, the totals of American and other
descriptions are as follows:
American—
[Voi. XXX.
44
14
36,183
22,283
19,031
19.897
23,511
1878.
1879.
21.240
The above statement shows—
1. That the total receipts from
1880.
25,223
81.172
1878.
1879.
40,033
84,977
26,362 25,148
32,019 31,511
17,604 13,951
14,472 11,615
10,760
7,600
9,604
8,853
10,940
7,882
7,509
6,461
6,392
1,471
4,693
4,065
2,210
4,832
1880."
30,595
24.971
19,094
14,076
8,165
14.135
11.812
5,550
11,068
2,983
1,022
8.493
the plantations since Sept. 1 in
1879-80 were 4,898,948 bales; in 1878-79 were
4,440,474 bales; in
1877-78 were 4,242,073 bales.
2. That although the receipts at the out
ports the past week
were 23,511 bales, the actual movement from
plantations was
only 8,493 bales, the balance being drawn from stocks at the
interior ports.
Last year the receipts from
week were 2,210 bales, and for 1878
the plantations for the
they were 4,832 bales.
Weather Reports by Telegraph.—The
past week has been
generally favorable for the growing crop. At some points rain
same
is needed, but those sections which have heretofore had more
rain than desirable have been
relieved, and good progress has
been made in clearing the fields.
,
Galveston, Texas.—We have had very hard rains on four days of
was confined to the coast, where it was
needed,
beneficial. The crop everywhere is doing re¬
markably well, though there are many caterpillar rumors. The
thermometer has averaged 79, the highest being 89 and the low¬
the week, but it
and will be very
est 68.
The rainfall has reached five inches and
eighty-nine
hundredths.
Indianola, Texas.—There have been fine showers on three days
ti
past week, the rainfall reaching two and thirty hundredths
The thermometer has ranged from 69 to 89,
averaging
79.
Crop accounts are more favorable. Caterpillars have ap¬
peared, but the injury done is as yet limited.
Corsicana, Texas.—We have had warm, dry weather during
the week, and all crops are
growing splendidly. Average ther¬
mometer 80, highest 93 and lowest 64.
Dallas, Texas.—The weather during tbe w< ek has been warm
and dry, the thermometer averaging 80, and
ranging from 64 to
e
inches.
'The crop is developing finely.
Brenham, Texas.—There has been no rainfall at this point
during the week, and good progress is being made in clearing
the fields of weeds.
We hear rumors of tbe appearance of cater¬
pillars, but think them of little importance. Prospects good.
Average thermometer 79, highest 94 and lowest 66.
New Orleans, Louisiana.—Rain has fallen during tbe week
on five days, the rainfall
reaching ninety-nine hundredths of an
inch. The thermometer has averaged 78.
Shreveport, Louisiana.—The weather during the week lias been
dry and warm, the thermometer averaging 76 and ranging from
63 to 89.
The rainfall has been twenty-six hundredths of an
93.
_
receipts
to-night, and for the
corresponding week of 1879—is set out in detail in the following inch.
Statement:
Vicksburg, Mississippi.—Telegram not received.
Week ending June 25, ’80. Week ending June
Columbus, Mississippi.—During the past week the days have
27, ’79.
*
Receipts Skipm’ts
Stock.
Augusta, Ga
Columbus, Ga....
Macon, Ga
Montgomery, Ala
Selma, Ala
Memphis, Tenn..
Nashville, Tenn..
120
82
19
301
36
546
5,668
82
761
21,536
6,260
Total, old ports.
1,186
10,098
43,466
Dallas, TexaH.
Jefferson, Text..
Shreveport, La
Vicksburg, Miss..
Columbus, Mies..
Eufaula, Ala*
Giiffin, Ga
Atlanta, Ga
Borne, Ga
Charlotte, N. C.t.
fit. Louis, Mo....
Cincinnati, O....
..
..
818
1,811
52
655
333
6,419
3,894
1,336
3,031
100
75
188
492
58
38
192
19
190
1,073
10
....
51
41
120
840
57
130
285
240
2,946
1,296
1,088
65
143
123
290
1,928
201
1,575
51
6,852
1,147
481
3,288
14,660
10
39
10
348
8
167
....
-
43
45
....
73
64
4
39
16
990
20
20
58
Receipts Skipm’ts Stock
J43
173
1,200
871
7,503
1,820
500
204
95
16
40
1
•25
4
74
423
73
5
•
48
3
105
150
473
70
100
26
527
184
.
19,648
4,600
320
137
796
4,987
5,898
5,179
1,689
2,040
6,727
1,534
Total, new p’rts
6,235
12,341
37,706
2,478
3,754
10,563
Total, all
7,421
22,439
81,172
2,959
7,042
25,223
-
324
Estimated.
t This year’s figures estimated.
*
The above totals show that the old interior stocks have de¬
creased during the week 8,912 bales, and are to-night
23,806 bales
mare than at the same period last year.
The receipts at the same
towns have been 705 bales more than the same week last
year.
Receipts
Plantations.—The following table is
of indicating the actual movement each
week from the plantations.
Receipts at the outports are some¬
times misleading, as they are made up more largely one
year
«
from
prepared for the
the
purpose
been warm but the nights have been cold.
The thermometer
has averaged 8C, ranging from 76 to 85.
The rainfall has
reached seven hundredths of an inch, rain having
fallen on one
day.
Little Rock,
Last week,
the evening.
Arkansas.—Telegrams not received.
Friday was fair and sultry, with a light shower in
Sunday, Monday and Tuesday were warm and
sultry, but late Tuesday evening the weather became much
cooler, and the wind changed to N. W. Since then (up to 21st
inct.) it lias been clear and pleasant but it is getting quite dry.
Thermometer, highest 91, lowest 61 and average 77; the lainfall
reached two hundredths of
an
inch.
‘
Nashville, Tennessee.—Rain has fallen on one day the past
week, to a depth of twenty-eight hundredths of an inch, but
more is needed.
The thermometer has ranged from 60 to 94,
averaging 77.
Memphis, Tennessee.—We have had rain on two days the past
week, the rainfall reaching thirty-nine hundredths of an inch.
It has been showery to day (Friday), and there have been local
showers throughout the district. The crop is
developing prom¬
isingly, but needs general rains. Average thermometer 78, high¬
est 92 and lowest 65.
Mobile,
Alabama.—The earlier part of the past week the
pleasant, but the last four days were rainy,
one inch and ninety-one hundredths.
Average thermometer 77, highest 89 and lowest 67. The crop
weather was clear and
the rainfall reaching
is
making fine progre. s.
Montgomery, Alabama.—We have had light showers during
the past week on two days, the rainfall reaching twenty-five
hundredths of an inch.
Most of the fields
and crop accounts are more favorable.
77, highest 90 and lowest 64.
Selma, Alabama.—We have had i&in
are now
clear of weeds,
Average thermometer
on
two
days the pa»t
4
Juke 26,
THE CHRONICLE.
1880.J
679
Mto
week, but not enough to do much good. The cotton plant looks
strong and healthy, but uplands need more rain. The fields are
mostly clear of weeds.
Last week the weather was warm and dry, rain having fallen
on only one day.
The earlier part of the week was pleasant,
with cool nights. The fields were being cleared of weeds.
Madison, Florida.—Rain has fallen during the w ek on three
days. The thermometer has ranged from 70 to 72, averaging 71.
The crop is developing promisingly, and the fields are clear of
-
This statement shows that the receipts since Sept. 1 up to
to-night are now 4)6,971 bales more than they were to the same
day of the month in 1879 and 590,560 bales more than they
were to the same day of the month in 1878.
We add to the last
table the percentages of total port receipts which had been
received to June 25 in each of the years named.
India Cotton Movement prom all Ports.—The figures
are now collected for us, and forwarded
by cable each
which
Friday, of the shipments from Calcutta, Madras, Tuticorin, Car
war, &c., enable us, in connection with our previously-receiveMacon, Georgia.—We are needing rain. We have had one report from Bombay, to furnish our readers with a full an
very light shower this week, but it was not enough to do much complete India movement for each week.
We first give thd
good. The thermometer his averaged 77, the highest being 88 Bombay statement for the week and year, bringing the figure^
down to June 24.
s
and the lowest 62.
*
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR TEARS.
Columbus, Georgia.—We have had no rainfall during the past
week.
The thermometer has averaged fc3, with an extreme
Shipments this week
Shipments since Jan. 1.
Receipts.
of
range
from 72 to 94.
Year Great Conti¬
This
Great
Conti¬
Since
Total.
Savannah, Georgia.—It has rained on two days, the rainfall
Brit’n. nent. Total. Britain. nent.
Jan. 1.
Week.
reaching one inch and sixty hundiedths; but the rest of the week
has been pleasant. Average thermometer 77, highest 89 and 1880 12,000 21,000 33,000 330,000 432,000 762,000 23,000 991,000
1879
504,000 20.000
6,000 10,000 223.000 281,000
727,000
weeds.
lowest 65.
1878
Augusta, Georgia.—TNeh&xe had light rain on one day, with
a rainfall of twelve hundredths of an inch.
The weather the
balance of the week has been pleasant. The thermomer has
averaged 78, the highest being 91 and the lowest 60. The crop
is developing finely and accounts are good.
Charleston, South Carolina.—There has been no rainfall dur¬
ing the week and crops are suffering for wa'er. The thermo¬
meter has averaged 77, with an extreme range of from 67 to 89.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
June 24, 1880, and June 26, 1879.
'
"
June 24, '80. June 26, *79.
Feet. Inch.
Feet. Inch.
Orleans
S5W
emphis
Nashville
Above low-water mark...
2
0
18
Shreveport
Above low-water mark...
16
3
4
Below
mark .. 166
Above high-water
low-water mark...
10
86
13
73
11
Above low-water mark... 23
4
Vicksburg
0
17
Comparative Port Receipts and Daily Crop Movement.—
A comparison of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the
4,000
1877 15 o dd
11,000 11,000 256,000 349.000
7,000 22,000 347,000 357,000
605,000 19.000
-
811,000
969,000
704,000 10,000
According to the foregoing, Bombay appears to show an increase
compared with last year in the week’s receipts of 3,000 bales and
an increase in shipments of 28,000 bales, and the shipments *ince
January 1 show an increase of 258,000 bales. The movement at
Calcutta, Madras, Tuticorin, Carwar, &c., for the same week and
years has been as follows.
CALCUTTA, MADRAS, TUTICORIN, CARWAR. RANGOON AND KURRACHBE.
Shipments since January 1.
Shipments this week.
Year.
Great
Conti¬
Britain.
nent.
Great
Britain.
Total.
Conti¬
nent
1880
1879
1878
1877
1,000
175,000
1,000
9,000
4,000
13,000
142,000
25,000
15,000 10,000
36,000
65,000
1,000 15,000
16,000
The above totals for this week show that the
Total.
67,000
87,000
242,000
229,000
85,000
121,000
49,000
56,000
movement
from
the ports other than Bombay is 12,000 bales
of last year.
For the whole of India,
less than same week
therefore, the total
shipments this week and since January 1, 1880, and for the
We have consequently added to our other standing
month.
corresponding
weeks and periods of the two previous years, are
tables a daily and monthly statement, that the reader may con¬ as follows.
stantly have before him the data for seeing the exact relative
EXPORTS TO EUROPE FROM ALL INDIA.
movement for the years named.
The movement each month
1880.
1879.
1878.
since Sept. 1 has been as follows:
Monthly
Receipts.
Bept’mb’r
October..
Novemb’r
December
Janaary.
February.
March...
April....
May
Tear
.*
1878.
1879.
333,643
888,492
942,272
956,464
647,1401
447,918
264,913
158,025
110,006
288,848
689,264
779,237
893,664
618,727
566,824
303,955
167,459
84,299
Shipments
to all Europe
from—
Beginning September 1.
1877.
1876.
1875.
1874.
96,491
578,533
822,493
236,868
675,260
901,392
169,077
610,316
134,376
536,968
740,116
900,119
787,769
821,177
689,610
472,054
500,680
449,686
182,937
637,067
479,801
300,128
676,295
759,036
444,052
383,324
251,433
100,194
163,593
92,600
133,598
81,780
340,525
197,965
96,314
68,939
TotMy.31 4,748,873 4,392,277 4,196,104 3,903,725 4,013,375 3,400,862
Perc’tage of tot. port
receipts May 31...
9878
96-55
,
96-67
97-25
95-77
This statement shows that up to May 31 the receipts at the
ports this year were 356,596 bales more than in 1878-79 and
552,769 bales more than at the same time in 1877-78. By adding
to"the totals to
Bombay
All other
p’rts.
Total
This
week.
Since
Jan. 1.
This
week.
Since
Jan. 1.
This
week.
Since
Jan. 1.
33,000
1,000
762,000
242,000
10,000
504,000
229,000
11,000
13,000
25.000
659,000
85,000
34,000 1.004.000
23.000
733.000
36,000
744.000
This last statement affords a very interesting comparison of the
total movement for the week ending June 24, and for the three
years up to
date, at all India ports.
Alexandria Receipts and Shipments.—Through arrange¬
ments we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria,
sponding weeks of the previous two
Alexandria, Egypt,
1878-79.
1877-78.
1876-77.
1875-76.
1874-75.
Tot. My 31 4,748,873 4,392,277 4,196,104 3,903,725 4,013,875 3,400,862
Junel....
S.
2,694
1,351
2,2,69
1,962
2,784
“
2....
3....
3,731
“
4....
“
5....
4,569
2,316
“
“
6....
<»
rj
“
8....
9....
“
“10....
11....
"
12..*.
“
13....
3.249
8.
5,049
2,691
2,913
2,013
3,598
3,484
S.
2,002
2,044
1,886
1,044
1,557
833
8.
1,748
954
1,920
1,170
2,192
14....
15....
“
16....
4,037
2,356
2,944
“
17....
2,587
1,773
“
18....
1,186
“
19....
20....
21....
4,462
3,573
“
“
“
22....
23
...
“24....
“
25....
Total
S.
4,602
3,111
3,719
2,417
6,089
1,186
875
“
S.
662
449
2,097
869
S.
1,126
515
986
8.
8.
2,686
1,862
1,060
1,021
1,254
2,821
2,309
1,812
1,247
1,142
“
“
8.
2,359
2,396
1,243
1,704
2,409
1,401
1,505
8.
2,279
1,360
1,581
1,210
2,786
1,102
8.
1,548
1,431
2.714
2,861
2,003
2,562
1,570
1,110
1,925
1,312
3,028
2,241
2,084
1,578
l,53i
S.
8.
1,528
This week....
Since Sept. 1
8.
1,584
3,061
1,385
2,149
1,543
640
724
1,121
1,186
1,586
8.
S.
3,107
607
1,614
1,165
1,599
846
904
2,004
1,367
8.
1,465
8.
99-34
97-44
97-45
c
96-56
Exports (bales)—
To Liverpool
•
8.
2,676
1,143
1,257
1,698
2,044
This
week.
4,000
2,562,000
Since
Sept 1.
This
Since
week. Sept 1.
168,000
76,500
234.000
244,500
400,000
166.000
~
1.330 461,977
Total Europe
*
A cantar is 98 lbs.
This statement shows that the receipts for the week
June 24 were
cantars and the shipments to all
were
ending
Europe
1,330 bales.
Manchester Market.—Our report received from Manchester
June 25 states that the market is tending downwards, prices
being lower.
vious weeks’
We give the prices of to-day below, and leave pre¬
prices for comparison.
1879-80.
2,946
1,463
3,845
1,987
1,899
2,034
2,115
2,146
1878.
1,000
1,589,000
3,204,000
750 289.250
580 172,727
To Continent
8J* lbs.
32s Cop.
Twist.
8.
719
784
1,075
1,837
1,375
.
1879.
This
Since
week. Sept. 1.
3,107
2,921
1,209
4,825,077 4,418,106 4,234,517 3,935,075 4,046,905
Percentage of total
p’rtrec’pta June 25
S.
weekly cable of
Receipts (cantars*)—
May 31 the daily receipts since that time
an exact comparison of the move¬
1879-80.
a
years.
1880.
June 24.
we’shall be able to reach
ment for the different years.
receive
we now
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments the past week and for the corre¬
d.4 s. d.
7 0 @8 0
6 10»*@7 101*
6 9 @7 9
6 7**@7 71*
6 9 @7 9
6 7**@7 71*
O^SIO^ 6 7**@7 7i*
9i*@ioi4 6 7i*@7 7i*
9*2'3>10M 6 7i*@7.71*
9 @ 9% 6 4>*@7 6
d.
4.
108s® 10’s
10ie@103ii
9^@ 101*
9i*@10>4
9*3@10\|
9i*@10i4
May
11
Shirtings.
s.
1878-79.
Cott'n
Mid. 32s Cop.
Twist.
8*4 lbs.
Shirtings.
Uplds
d.
d.
d.
s.
6lJi«
8®s@914 5
6*8
6^16
6I316
6liie
9
6i3ie 878®9hi 5
@950 5
99fc@10
938® 10
9%»9%
6®8
9i4@9%
6l3ie 9^4@9%
61316 9*8@9%
6*
878®9«8
6
5
5
6
5
5
5
d.
s.
Oott’n
Mid.
Uplds
d.
7*2@7 9
9 @710**
10**@7 101*
li*@8 li*
10i*@7 101*
10i*@7 101*
@8
10i*@7 101*
@7
9
7i*@7
6
9
Gunny Bags, Bagging, &c.—Bagging is in fair request and
parcels are moving to a considerable extent for jobbing wants,
though no large lots are reported as being placed. Prices are
very firm, and holders continue to quote 10%c. for 1% lb.
10%c.
for 2 lb., ll^c. for standard grades. Butts are in light
3,451,192
request, and we do not hear of any large transactions. There
93-69
have been some few inquiries in market,
not been filled as vet. No change has been
but the orders have
made in quotations,
„
k
JTHE CHRONICLE.
680
3%@3%c.
'which continue firm, and the lowest we hear named is
for paper grades, while spinning qualities are held at
3%@4%c.
New York,
The Following are the receipts op Cotton at
Boston, Philadelphia and Baltimore for the past week, and since
September 1, 1879.
Receipts
Virginia..
5,660
1,290
31
This year. 14,979
17
390
......
2,132 149,383
1,382 146,101
m
'
m
®
760
®
June
62332
Delivery.
July-Aug
Sept.-Oct
June-July
611kj
748 88,473
507 160,673
Delivery.
June
62i32
6*2
Delivery,
July-Aug
6Hle
Aug.-Sept.. 611 le®21S2.
Julj-Aug
621^
Delivery.
6Hie
Nov.-Dee
June-July.. 62i322ii16
62i32
July-Aug
Aug.-Sept
62i32
Sept.-Oct
June
6732
6%
65)6
62332
Octi-NoV
June
Wednesday.
Delivery.
6332
Oct.-Nov
62i32
July-Aug
Thursday.
!
Delivery.
Sept.-Oct
-6i332
Nov.-Dee
6&32
July-Aug
6193a
Delivery.
Delivery.
62132 Aug.-Sept... .656'2>i932
6716
June-July.. ..62i32®58 Sept.-Oct
June
1,059,541.
United
Shipping News.—The exports of cotton from the
States the past week, as per latest mail returns, have
reached
29,191 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chronicle last Friday.
With regard to New Yors, we
include the manifests of all vessels cleared up to Wednesday
night of this week.
6Hie.
621a*
Aug.-Sept
Tuesday.
Delivery.
85,393
6*06
July-Aug.. .......6ilie
15,000
1,272 181,916
602
4,018 879,259' 3388354,9041
Last year
m
July-Aug.
Monday.
Delivery.
...
3,638 414,397
'
m
77,379
*468 61*,753
!
*
12,265
10,540
j
Nov.-Dee
62332
July-Aug
Delivery.
**i*0*2
***65
53,716
124
6,192 207,873
381
5,153
Foreign..
*
......
6,059
North. pt8
Tenn.. &c.
65,972
763
15,721
Delivery.
d.
Aug.-Sept.. 62332®nl6
Sept.-Oct
Gi^
......
652 110,504
178 41,765
625 202,654
j.
2,575
134
Delivery.
Delivery.
d.
62532® %
634@2532
June
June-Julv
Since
This
5,279
23,545
2,969
37,362
......
»+++»»
.
The actual sales of futures at Liverpool for the same week are ^ive
below. These sales are on the basis of Uplands, Low Middling choise*
unless otherwise stated.
Saturday.
Sept. 1. week. Sept. 1. week. Sept.l. week. Sept. 1.
5,262 191.867
742 108,112
947 179,894
N. Orl’ans
Texas
Savannah
Mobile...
Florida.
S.Car’lina
N Cnr’liua
Since
This
Since
This
Since
This
week.
from—
Baltimore.
Philadelphia.
Boston.
New York.
[Vol. XXX.
6j4
Oct.-Nov
6®8
July-Aug
Friday.
Delivery.
Delivery.
•
July-Aug
62i 32
June
6%
June-July
I Oct.-Nov
Delivery.
....67ie
6&3a
Sept.-Oct
Nov.-Dee..,..
6i932
6732
6ia32 I
Aug.-Sept
Total bales.
New York—To Liverpool, per steamers Wisconsin, 1,497—
Germanic, 1,121
Helvetia, 1,300—Abyssinia, 340
Baltic, 1,012
per ship Bengal, 1,597
To Havre, per steamer Wliickham, 1,167....Canada, 1,075
per ship B. D. Metcalf, 1,150
To Bremen, per steamer Oder, 508
To Rotterdam, per steamer Caland, 141... „
New Orleans—To Liverpool, per steamers Amazoneuse, 2,300
Federico, 4,008
per ship Prussia, 4,603
Texas—To Liverpool, per bark Telegraph, 1,241
Baltimore—To Liverpool, per steamer Historian, 856—per
bark Hugh Caun, 1,268
To Bremen, per steamer Berlin, (additional) 250
Boston—To Liverpool, per steamers Canopus, 634
Bohemian,
813
Samaria, 242
Hecla, (omitted previously) 10
Philadelphia—To Liverpool, per steamers Lord Clive, 1,557
BREADSTUFFS.
6,867
3,392
508
141
10,911
1,241
2,124
Friday, P. M., June 25, 1880.
decline early in the week for the leading grades
of flour of from 10 to 25c. per bbl.; in some cases, even more;
There
was a
a moderate
but trade was dull,
causing
degree of activity in the export business,
and the close, though less depressed, was
To-day the market was very dull and prices very weak.
quite broke down under the favorable
1,699
and abroad, dull foreign advices, large
2,052 crop accounts at home
Ohio, 495
Ban Francisco—To Liverpool, per ship Centaur, 6 (foreign)
6 stocks still to be disposed of, and new wheat already making its
Inside prices were reached on
29.191 appearance in the market.
Total
The particulars of these shipments, arranged in our usual
Wednesday, when No. 2 red winter sold at $1 21 for June,
form, are as follows:
$1 11% for July and $1 08 for August, No. 2 spring $1 08, and
Bremen. Rotterdam.
Total.
Liverpool. Havre.
No.
1 white at $1 15% for June. There was some recovery
568
141
10,908
New York
6,867
3,392
10,911
10.911
New Orleans..
1,241 from these figures, caused by a large export demand and a.
Texas
1,241
250
.2,374 revival of speculative confidence and action.
Baltimore
2,124
To-day prices
1,699
1699
Boston
2,052 returned to about Wednesday’s figures, with sales of No. 1
2,052
Philadelphia..
6
6
Ban Francisco...
white for August at $1 07%@1 09.
758
141
29,191
Total
24,900
3,392
Rye has been dull and drooping ; prices are quite nominal on
Cotton freights the past, week have been as follows:
the spot; prime is offered at 85c. for August, and a large sale
is reported to have been made of Western at 79c. for that month.
Fri.
Wednes. Tliurs.
Tues.
Mon.
Satur.
Oats have declined sharply, in the absence of a demand to
Liverpool, steam d. 316® H 316® J4 316®14 316®14 316® *4 3lfi® *4
meet the large supplies. Yesterday No. 2 mixed sold for July
Do
sail... d. B32®316 B32®316 B32®316 532®316 532®316 B32®316
at 36%@36Me.
To-day the market was lower, with No. 2
916
916
9ie
916
916
Havre, steam—c.
916
250
dull.
The wheat market
,
..
..
..
..
....
..
....
....
..
..
....
....
..
—
.
..
716®12
*2®916
Do
sail
c. 716®1532 716®1532
Hamburg, steam, d. ^2 2)9)6 *2®9i6
Do
sail...tf. 716®Lj
716®13
916
Amst’d’m, stcam.c.
91«
Do
c.
716®13
.c.
%®916
sail
Bremen, steam,
d.
Baltic, steam
Do
sail
c.
716® *2
12®916
716®1532
*2®916
716®*2
916
**32® %
932
716® *2
12®916
710®1532
*2®916
716®*2
9iq
*2
*2
*2
sail...c.
Do
716®12
12®916
716®l532
*2®916
7i6®*2
°16
12®916
716®1B32
12®916
7lfi® *2
916
%
ri32® 3s H32® % 1132®38
932
932
932
1132®
°32
932
716® *2
Liverpool.—By cable from Liverpool, we have the following
statement of the week’s sales, stocks, &c., at that port:
-
June 4.
Bales of the week
bales.
Bales American
Of which exporters took
Of which speculators took..
Actual export
Forwarded
Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American
Amouut afloat
0.“ which American
The tone of the Liverpool
week ending June 25, and
been as follows:
Spot.
6,800
1,900
.
Quiet
and
un¬
10,000
7,000
784,000
532,000
68,000
62,000
336,000
176,000
776,000
527,000
68,000
55,000
392,000
352,000
211,000
200,000
201,000
changed.
Dull
Dull
and
Easier.
Moderate
61316
61&1C
61oig
and
easier.
easier.
61316
26.500
4,000
2,300
61316
61B16
61316
61bjl6
63t
6%
Friday.
5
7,000
8pec.<fc exp.
1,00C
7,000
1,000
7,000
1,000
8,000
2,000
Futures.
\(
Dull
and
f%
i
i nr*
Very
quiet.
Flat.
In
buyers’
favor.
5,000
500
6,000
1,000
Winter
Spring supertine
Spring wheat extras..
3 25® 3 50
3 65® 4 00
do XX and XXX...
Winter shipp’g extras.
do XX and XXX...
:
Patents
Western ‘Tye mix”...
4 15® 6 25
City shipping extras.
Southern, batcers’ and
family brands
South’u ship’g extras.
Rye flour, supertine..
3 85® 5 25
4 00® 4 40
4 50® 6 50
5 50® 7 50
4 50® 5 00
5 00®
4 25®
but
Steady.
No. 3 spring, $
No. 2 spring
...
West,
white, new
Rye
Oats—Mixed
White
Western, &c
2 60 ®
Brandywine,
3 10®
2 90
3 15
2
Corn—West. mixed
West’n No. 2, new
West, yellow, new
6 50
5 00
bu.
Amber winter
Red winter, No.
White
4 85
4 60®
Corn meal—
Barley—Canada W
State, 4-rowed..
State, 2-rowed..
Peas—Can ’da, b. <xf
(From the “ New York Produce
2>1 05
03
08
14
®1 10
21
12
® 1 21*4
®1 16
15
47
®1 15*2
.
®1 20
.
®
51
50\3>
50%
51
52
92
32
34
52
57
—
—
—
82
®
®
®
®
®
®
®
®
®
95
37
40
—
—
—
95
Exchange Weekly.”)
Receipts of flour and grain at Western
June 19, 1880:
lake and river ports
for the week ending
Flour.
bbls..
At—
(196 lbs.)
Chicago
29,224
Milwaukee
Toledo
Detroit
26.486
229
3,837
Cleveland
St. Louis
Peoria
Duluth
I,b66
26.101
2,929
2,500
Dull
Qtnorl V.
Wheat-
$ bbl. $2 25® 2 85
3 50® 3 85
superfine
dull.
6%
67s
GRAIN.
FLOUR.
No. 2..%
Very
/
Bales
5 p. m.
36.500
the daily closing prices of spot cotton, have
Upl’ds
pl’dfc
Market,
53,000
39,000
3,800
4,100
10.500
13,600
764,DOC
501,000
35,50C
20.500
355,000
6,700
14.500
June 25.
-
market for spots and futures each day cf the
Tns,
Mid. Orl’ns.
Market
•ket.
5 P •M.
33.500
49,500
3S,5u0
6,200
3,100
7,200
15,000
797,000
528,000
83,000
46,000
June 18.
Saturday Monday. Tuesday. Wednes. Thursd’y
Market
it,
12:30 p
Mid.
46,000
June 11.
graded quoted at 35%c. for mixed and 36c. for white.
Indian corn also declined, No. 2 mixed dropping to 51c. spot
and June and 49%c. for July, with some business at 50%c. for
August. These prices brought out a demand which gave much
strength to the market. There is a better supply of grades
other than No. 2 mixed. To-day there was %@%c. decline.
The following are closing quotations:
Total
game time ’79.
92,968
Wheat,
Corn,
bush.
bush.
(60 lbs.)
(56 11)8.)
153,212 2,220,180
133,136
62,500
238,756
197,995
10,700
10,549
8,875
575,439
3,913
80,550
393,872
339,175
71,695
833,723 3,747,374
114,178 1,348,394
2,265,780
Oats,
Barley,
Rye,
bush.
bush.
bush.
(32 lbs.) (48 lbs.) (56 lbs.)
3.689
1,903
417,021
73,001
52,121
10,615
32,600
202,131
154.200
941,689
790,675
5,450
10,075
549
1,963
6,755
3,000
4,03fr
14,450
51
19.620 32*297
19,bOS 61,6U
THE DRY GOODS TRADE.
,*4jotal receipts at same ports from Jan. 1 to June 19, inclusive
for four years:
1880
yfrieat
*'■
2,744,613
1,920,615
28,476,376
70,679,448
43,330.145
14,332,265 ' 13,424,026
2,450,766
2,307,836
27,921,005
42,723,228
11,718,826
7,729,884
33,603,736
8,729.278
2,780,174
2,607,702
882,021
22,345,735
bush.
rn
< .te
Barley
Eye
1,855,718
1,492,832
1,066,598
110,874,802
89,031,214
86,998,950
53,552,621
Total receipts (crop movement) at the same ports from Aug. 1
to June 19, inclusive, for four years:
Total grain....
1878-79.
1877-78.
1876-77.
bbls.
5,018,178
5,803.598
5,517,007
4,579,309
bush.
84,730,185
115.181,078
28,745,699
84,575,142
83,400,540
29,383,838
71,406.246
77,812,844
24,130,383
37.122,869
10,317,645
9,259,033
4,018,536
9,419,581
4,449,175
3,832,535
8,374,552
2,739,570
242,993,193
211,258,276
186,441,041
140,565,696
1879-80.
flour
Wheat
Corn
Oats...
Barley
Bye
Total grain
....
72,553,637
19,775.068
Comparative shipments of flour and grain from the same
fiorts from Jan. 1 to June 19, inclusive, for four years:
bbls.
2,504,579
3,215.576
2,756,383
1,932,296
bush.
24,039,096
25.020,228
37,960,581
9,854,893
25,637,545
36,479,663
8,019,205
25,984,360
6,446,869
923,461
1,968,982
1,331,505
1,506,376
1,344,285
1,928.093
643,844
91,364,515
76,136,189
72,600,083
43,022,371
Flour
Wheat
53,944,654
10,884,60 L
•Com
Oats..
1,572,703
Barley
Bye
Totalgiain
....
Week
June 19
June 12
June
5
bbls.
bush.
bush.
121,784 2,756,547 4,290,584
104,397 2,102,990 4,036,760
142,395 2,551,758 3,813.633
May 29
125,969
Barley,
Rye,
bush.
28,171
28,732 44.867
22,400 35,640
Oats,
Com,
Wheat,
Flour,
ending—
7,442,214
shipments from same ports for last four weeks :
Bail and lake
bush.
443,329
778.474 i
865,706
bush.
20,818
1,804,004 3,305,287 1,002,431
34,444 44,304
3,089,940
106,394 152.982
105,961278,359
Total, 4 w’ks.494,545
9,215,299
4 weeks '79..517.063
6.691,956
.
1877.
1878.
1879.
1880
*
t
2,463,497
112,353,942
* 15,446,269.
Receipts of flour and grain at seaboard ports for the week
«nded June 19:
At—
Hew York
Flour,
Wheat,
bbls.
bush.
Corn,
Barley,. Rye,
Oats,
bush.
bush.
~ bush.
bush.
19,324
1,500
400
Montreal
87,200 1,774,400 1,784,800 297,912
39,982
72,522
333,609 84,450
35,000
2,500
,
1,600
13,168
249,866 331,795 11,013
Philadelphia
11,370
467,800 1,016,700
Baltimore
New Orleans
16.130
741,101
92,278
Com
Oats
65,423,852
11,406,542
58,217.968
9,857,546
56,933,502
9,084,270
39.273,400
7,619,582
1,582,202
758,990
1,450,992
1,926,990
2,374,466
2,271,597
1,768.162
596,374
113,493,391
111,449.272
104.141,349
53,573,132
Boston
Portland........
^
1877.
1878.
1879.
3,069,042
2,671,353
Floor.... ...bbls.
681
THE CHRONICLE.
1880.]
June 26,
24
39,200
2.500
Friday. P. M.. June 25, 1880.
The
dry goods trade has continued quiet the past week, the
approach of “ stock-taking” having caused package buy¬
ers to limit their purchases to actual wants, as a rule.
The
easier tone of the cotton goods market has, however, arrested
the attention of some of the larger city and out-of-town job¬
bers, and considerable sales of plain and colored cottons were
(in exceptional cases) reported by manufacturers’ agents.
There was no movement of importance in woolen goods, but
there was an improved inquiry for Kentucky jeans, which is
likely to result in a more active business in the near future.
The jobbing trade was irregular, but some of the leading firms
who made a practice of closing out their open stocks, prepara¬
tory to taking account of stock, effected liberal sales of domes¬
tics, prints and department goods by means of relatively low
near
prices.
Domestic Cotton Goons.—The
exports of cotton goods hence
foreign markets, during the week ending June 22, were 2,888
packages, including 1,904 to British East Indies, 597 to Great
Britain, 119 to Mexico, 99 to Hayti and some smaller lots. The
demand for cotton goods at first hands was mostly restricted to
comparatively small parcels, but some large purchases of brown,
sheetings, corset jeans, cheviots, cotton coatings, &c„ were
quietly made by leading jobbers. Prices of staple cotton good*
continued in buyers’ favor, and the market was somewhat
unsettled. Print cloths remained quiet and almost nominal, at
4 1-16c. and 3^@3%c: for 64x64’s and 56x60’s, respectively.
Light prints were almost neglected in first hands, but there was
rather more inquiry for dark fancy prints, and some lots were
placed “ on memorandum,” subject to the opening price. Dress
ginghams were in steady request, and there was a moderate
demand for printed lawns.
to
Domestic Woolen Goods.—There has been
material im¬
no
provement in the demand for clothing woolens and transactions
were light in the aggregate. Low and medium grade cassimeres
and suitings were placed in moderate lots by means of slightly
reduced prices, but fine qualities (though relatively firmer than
slowly. For cheviots, worsted coatings and
overcoatings the demand was very light and mostly confined to
176,876 3,397,967 4,289.402 519,561
Total week
1.524 27,724 a few specialties. Kentucky jeans were more Sought for, but
Cor. week ’79.... 172,029 1,652,524 4,048,373 729,152 20,356 41,700
satinets continued quiet. Flannels were quiet, and blankets
And from Jan. 1 to June 19, inclusive, for four years:
were lightly dealt in.
Worsted dress goods moved slowly from
1880.
1877.
1879.
1878.
first
Flour
hands,
.bbls.
butj
buntings,
&c., were distribued in fair quantities
4,194,843
4,706,236
3,962,028
3,156,043
hush. 34,321,805
Wheat
33.477,514
39,995,776
4,315,614 by jobbers.
6,526
Earley
Rye
| Total grain
....
640.950
146,548
5,500
40,600
44,785
Exports from United States seaboard ports and from Montreal
the above) moved
Foreign Dry Goods.—The demand for
Floor,
Philadelphia..
Wheat,
2,031,349
200
11,829
13,834
140,743
256,343
628,185
7,700
Baltimore
Total tor w’k 122,158
Same time 79. 109,207
l
3,056,820
2,546,962
1,481,314
251,514
bush.
bush.
hush.
74,275
14,529
Rye,
Oats,
Cora,
*
bush.
bbls.
4,687 51,981
20,537
Peas,
bush.
3,591
309,140 96,500 69,990 54,318
400
716,705
Jobbers’ stocks
sons.”
Wheat,
Cora,
Oats,
Barley,
bush.
bush.
bush.
bush.
320.602
520.000
68,000
924,442
448,000
53,000
4,408
500,227
58,000
Albany
993,702
403,041
4,784,592
4,911,527
Milwaukee
821,482
33,728
Duluth
108,971
211,142
272,618
233,010
255,663
Buftalo
Chicago
Toledo
Detroit
30,000
147,154
Oswego
St. Louis
Boston
Toronto
Montreal (15tli)
-
..
241,497
2,442
Philadelphia
Peoria
18,800
75,169
260,760
372,724
Indianapolis
Kansas
City
Baltimore
-On rail
On lake
3,344,000
2,583,000
(est.)
On canal (est.)
May 22,’80
June 21, ’79
60,197
27,325
6,842
40,000
importations of dry goods at this port for the week ending
corresponding weeks of 1879 and
ENTERED FOR CONSUMPTION FOR THE
100,938
318,101
140,161
49,429
700,067
85,538
40,500
Manufactures of—
Wool
Cotton
Silk
Flax
Miscellaneous
Total
41,577
17,933
83
331
3,667
15,411
329
98
1,796
1,483
212,699
1,149
43,100
136,305
69,225
121,356
1879.
•
20,818
Pkgs.
296
442
113
163.348
69,544
28,442
1,515
437,596
2,212
87,382
143,823
328,572
738,706
Value.
$
$
248
476
655
658
175
Manufactures of—
Wool
Cotton
648
714
610
543
172
130.632
48,297
259,282
224,499
415,692
99,192
58,801
2,687 1,057,466
THROWN INTO THE MARKET DUR¬
Silk
28,171
250,135
436,558
487,244
614,086
301,486
365,694
441,396
434,406
402,550
76
72,978
27,588
9,410
14,649
133
584
971
201
154
85,074
87
65,164
307
332
53,664
1,081
277.379
=
69,632
3,845
192,871
437,596
2,212
199,417
738,706
2,687 1,057,466
market...
2,486
630,167
3,145
938,123
3,768 1,334,835
on
ENTERED FOR
Wool
Cotton
Miscellaneous
933
WAREHOUSE DURING SAME PERIOD.
Manufactures of—
Flax
234,065
20.697
1,515
Total
Silk
376,260
68,744
71
96,438
24,760
30,128
26,896
Ent’d for consumpt.
8,227
1,600
250
169
207
84
42
145
493
3,043
12,750
293,426
Pkgs.
1880.
Value.
ING THE SAME PERIOD.
Flax
1,069
56,665
$
65,679
110,583
204
458
WITHDRAWN FROM WAREHOUSE AND
Total
.
WEEK ENDING JUNE 24, 1880.
13,652
1,800
145,978
90,060
16,325
107,455
101,400
592,818
1,295,795
4,094,000
3,258,000
bush.
63,041
Value.
Pkgs.
Miscellaneous
15,550,196 17,564,027 2,802,798
17,933,556 18,315,647 3,208,848
19,580,257 16,407,750 2,945,805
20,394,104 15,784,336 2,730,496
10,608,499 13,146,399 2,128,556
0-3,892,032 11,516,571 2,051,644
Total June 19, ’80
June 12, ’80
June 5, ’80
May 29. ’80
5,177
148,748
81,124
44,686
25,425
Rye,
some
June 24, 1880, and for the
1878, have been as follows:
50,362
follows:
rule, but
as a
goods, &c.t remain with importers.
1878.
grain, comprising the stocks in granary
of accumulation at lake and seaboard
ports, and in transit by lake, rail and canal, June 19, was as
983.094
well in hand
Importations of Dry Goods.
The
57,909
The visible supply of
at the principal points
In Store at—
New York
Do. afloat (est.).
are
accumulations of silks, linen
274,679
3,033,352 122,124 121,971
2,943,854
3,290 73,400
was
wholly of a hand-to-mouth character, and business was
light in the aggregate, as is usually the case " between sea¬
for week ending June 19:
From—
New York.....
Boston
Portland
Montreal
imported goods
almost
340
122
87
159
23
•
115,222
45,213
124
149
82,464
24,827
15,610
168
189
54
45,252
62,567
145,624
26,652
5,799
’
903
576
181
375
835
357,029
217,301
137,823
81,880
33,864
2,870
827,897
Total
Ent’d for consumpt.
1,515
283,336
437,596
2,212
285,894
738,706
2,687 1,057,466
Total at the port...
2,246
720,932
2,896 1,024,600
i»j557 1,880.363
731
684
THE CHRONICLE.
662
Financial.
Financial.
THE CONDITION
DEPORT OF
TIEPORT OF THE CONDITION OF THE
JtlCONTINENTAL NATIONAL BANK, New York,
at the close of business on the 11th day of J une, 1860:
OF
•Otlxe
EXCHANGE
NATIONAL
AMERICAN
BANK, at New York, in the State of New York, at
the close of business, June 11.1880:
RESOURCES.
42
79
00
Loans and discounts
$11,870,506
Overdrafts.
498
U. 8. bonds to secure circulation
500,000
Other stocks, bonds and mortgages....
81,974
D*e from other national banks
1,053,396
58,818
J>ue from State banks and bankers—
Real estate, furniture and fixtures
348,626
30
18
29
nickels and
Bills of other hanks
Fractional currency,
22,500 00
100,700 00
...’
Surplus fund
37 00
Specie, includ’g gold Treasury certif’s.
1,403,822 20
National
banks
State banks and bankers
Certificates of deposit..
Certified checks
1,741,136 28
2,975,496 27
1,887,678 62
RESOURCES.
Loans and discounts
52.543 51
Bills of other banks
Fractional paper currency,
and pennies.
‘
3,324 02
Specie
2,135.620 60
Legal-tender notes
'
782,411 Oo
U. 8. ctfs. of deposit for legal tenders.
550,000 00
Redemption fund with U. S. Treasurer
(5 per cent of circulation)
2.250 00
Specie
107 88
793,309 75
1,000.000 00
45.000 00
National hank notes
Dividends unpaid
$1,500,000 00
30o,o0o 00
438,116 83
19,970
2,587,529
133
922,810
1,013,483
E. H.
28
14
RESOURCES.
$7,098,305
211
U. S. b»nds to secure circulation
890,0C0
Other stocks, bonds and mortgages....
60,593
Due from other national banks
604,153
128.626
Due from State hanks and bankers
Current expenses and taxes paid
59,637
Premiums paid
22,499
912,726
Exchanges for Clearing House
12,200
Bills of other banks
Fractional currency, including nickels
2,411
Specie (including gold Treasury cer¬
tificates)
2,774 S06
383,901
Legal-tender notes
Redemption fund with U. S. Treasurer
40.000
Loans and discounts
Overdrafts
388,154 00
162.123 09
29,250 00
Due from U. S. Treasurer, other than
5 per cent redemption fund
2,500 00
585,000
8,393
4,231,883
2,850
9,193,195
0
388,106
131,143
00
80
19
90
68
48
$15,610^798
37
Total
8tate of New York, County of New York, ss:
Capital stock paid in...'
Surplus fund
Other undivided profits...
National bank notes outstanding
Dividends unpaid
.
Individual deposits subject to check..
Demand certificates of deposit
Certified checks
Cashier’s checks outstanding:
Due to other national banks
Due to State banks and bankers.
72
19
y
Subscribed and sworn to before me this 19th day
©f June, 1880.
W. D. Searls (No. 22);
June, 18b0.
.
HENRY MORGAN,)
ROLSTON,
R. L. EDWARDS,
L
b
£ Di
^
ectors.
.
2.
Gross and
Three Years.
(
Highest and Lowest Monthly Prices of Rail¬
road Bonds at the New York Stock Ex¬
change, for Four Years, 1876-1880.
3.
Highest and Lowest Monthly Prices of Rail¬
road Stocks at the New York Stock Ex¬
change for Five Years, 1875-1880.
4.
Yearly Range of Leading Stocks for Seven
Years, 1873-1879, and to May 25 in 1880.
5.
Dividend-paying Railroad Stocks at the New
York Stock
Exchange, and Dividends Paid
for Five Years.
44
62
65
17
54
6. Railroad
00
Earnings from January 1 to May 1,
18S0, compared with same period iu 1879.
12
21
00
00
Price, in Red Leather Covers, $1 00.
$1,000,000 00
25,000 00
226,603 00
800,000 00
350 00
5,220,281 25
196,774 46
348,998 79
166,105 26
4,095,597 05
910,312 33
Thomas Cowan.
Notary Public, New York County.
Correct—Attest:
Notary Public, New York Co.
R. G.
*’
Interest on their
Issue of Bonds.
Net Earnings for
59
Total.
$12,990,522 20
State of New York, County of New York, ss :
I, C. N. Jordan, Cashier of the above-named
bank, do solemnly swear that the above statement
is true to the best of my knowledge and belief.
C. N. JORDAN, Cashier.
Subscribed and ffworn to before me this 22d day of
I,- John H. Rolston, Cashier of the above-named
bank, do solemnly swear that the above statement
4e true to the best of my knowledge and belief.
JOHN H. ROLSTON, Cashier.
or any
all
LIABILITIES.
$800,000 00
160,000 00
119,263 41
National bunk notes outstanding
Dividends unpaid
Individual deposits subject to check...
Demand certificates of deposit
Certified checks
Cashier’s checks outstanding
Due to other national banks
Due to State banks and banker?
Bonds,
00
$12,990,522 20
Total
LIABILITIES.
Capital stock paid in
Surplus fund
Undivided profits
18
68
Interest Charges of
1,000 00
Due from U. S. Treasurer
$15,619,798 37
Total
Correct—Attest:
;..
....
17,000 00
69 50
Redemption fund with U. S. Treasurer
(5 per cent of circulation)
PULLEN, Cashier.
OF THE CONDITION OF
NATIONAL BANK OF THE CITY
OF NEW YORK, in the State of New York, at the
olose of business, June 11,1880 :
11,246,331 72
added.
Railroads earning the
-CVthe THIRD
07
13
1879, and new matters have
1. Bonded Debt and
63
DEPORT
81
00
1)0
42
75
41
changed slightly in form
CONTENTS:
1, E. H. Pullen, Cashier of the above-named
57 56
«...
also been
08
45
Subscribed and sworn to before me this 18th day
of June, 1880.
James Walsh,
Correct—Attest:
Notary Public (1880).
THOMAS T. BUCKLEY,)
GEO. G. SAMSON,
> Directors.
H. W. FORD,
)
-Specie
Legal tender notes
since the issue of
9,456 50
2,535,942 55
belief.
GEO. J. MacGOURKEY, Cashier.
Subscribed and sworn to-before me this 11th day
of June, 1880.
W. H. Connell,
Correct—Attest:
Notary Public, N. Y. County.
SAMUEL S1IETHAR.
)
SOLON HUMPHREYS, > Directors.
GBORGE I. SENEY,
)
Bills of other banks
Fractional currency, nickels & pennies
The book has been
1,125,000 00
outstanding
bank, do solemnly swear that the above statement
is true to the best of my knowledge and belief.
resources.
Edition.
Second
56,250 00
jaamed bank, do solemnly swear that the above
statement is true to the be8t of my knowledge and
Exchanges for Clearing House
ready in a few days, the
$10,452,442 46
Total
State of New York, County of New York, ss:
DEPORT OF THE CONDITION OF THE
JlLNATIONAL BANK OK THE fcTATE OF NEW
YORK, at New York, in the State of New fork, at
the close of business, June 11,1880:
in| press, and will be
50,000 00
Individual deposits subject to check.
Demand certificates of deposit
Certified checks
Cashier’s checks outstanding
Due to other national banks
Due to State banks and bankers
I, Geo. J. MacGourkky, Cashier of the above-
issue—
288,419 00
LIABILITIES.
Total
$19,753,772 17
State of New York, County of New York, ss :
almost immediately on its
$10,452,442 46
Capital stock paid in
Surplus fund
Undivided profits
24
50
19
74
21
haying
28,576 00
•
LIABILITIES.
-
2,882,955 77
nickels
Total
2,482 00
6,178.193 43
sold
edition of this little book
June 14—there is now
9,062 93
deposit for legal tenders
Redemption fund with U. 8. Treasur¬
er (5 per cent of circulation)
303.746 86
been
28,197 26
U. 8. ctfs. of
$3,000,000 00
The first
224,748 24
64,277 81
312,000 00
Legal tender notes
$19,753,772 17
$2,741,325
650.000
52.000
42,231
50,575
13,069
219,331
5,779
INVESTORS.
10,000 00
stocks, bonds and mortgages...
Due from other national banks
Due from State banks and bankers...
Real estate, furniture and fixtures....
Current expenses and taxes paid;
Checks and other cash items
Exchanges for Clearing House
Other
127,090 w6
2,825,500 03
59,639 00
Loans and discounts
U. S. bonds to secure circulation
U. S. bonds on hand
.,
Other stocks, bonds and mortgages....
Due from other national banks
Dffe from State banks and bankers....
Real estate, furniture and fixtures
Current expenses and taxes paid
Checks and other cash items
AND
BROKERS
$4,459,458 62
79 20
1,250,000 00
Overdrafts
U. S. bonds to secure circulation
pennies
•
FOR
Directors.
T> FPORT OF THE CONDITION OF
-Li the NATIONAL BANK OF THE REPUBLIC,
at New York, In the State of New York, at the close
of business June 11. 1880:
173.629 23
196.766 03
822,660 51
68,619
1,225,916
102,702
5,409,917
2,417,194
BOOK
$10,545,313 76
JOHN T. AGNEW,
)
HENRY M. TABER,}
T. W. EVANS,
)
979.562 40
Demand certificates of deposit
Certified checks
Cashier’s checks outstanding
Due to other national bonks
Bue to State banks and hankers
HAND
A
i
.
$10,789,778 10
2,391 02
50,000 00
National bank notes outstanding
Dividends unpaid
Individual deposits subject to check...
7.29S,970 21
676,844 45
I,Fred’k Taylor, Cashier of the above-named
bank, do solemnly swear that the above statement
is true to the best of my knowledge and belief.
FRED’K TAYLOR. Cashier.
Subscribed and sworn to before me this 19th day
of June, 1880.
Alf’d H. Timpson.
Correct—Attest:
Notary Public, New York Co.
York, at the
’...
2,146,296 52
708,816 46
4.654 39—6.547,852 81
Total
RESOURCES.
Capital stock paid in
Surplus fund
'Undivided profits
00
50
State of New York, County of New York, ss:
of theNATIONAL
Effort
condition
the METROPOLITAN
BANK,of
at
Total
00
00
79
$3,688,085 44
Cashier’s checks
)
Overdrafts
IJ. 8. bonds to secure circulation
Other stocks, bonds and mortgages—
Due from other national banks
Due from State banks and bankers —
Real estate, furniture and fixtures
Current expenses and taxes paid
Checks and other cash items
Exchanges for Clearing House
Bills of other banks
Fractional paper currency, nickels and
$1,000,000
150.000
85,044
7S0,300
6,801
outstanding
Deposits—Individuals
6,827 00
10,676,714 04
78,619 78
CHRISTIANSON,/Directors.
Loans and discounts
Railroad Securities.
39,015 00
$10,545,313 70
National bank notes
Dividends unpaid
204.926 04
New York City, in the State of New
close of business June 11 1880:
288,208 00
Capital stock paid in
Surplus fund
Undivided profits
449,900 00
GEORGE BLISS,
29,355 00
including nickels
LIABILITIES...
$23,788,723 53
Total
State of New York County of New York, ss ;
I, Dumont Clarke, Cashier of the above-named
bank, do solemnly swear that the above statement
is true to the best of my knowledge and belief.
DUMONT CLARKE, Cashier.
Subscribed and sworn to before me this 21st day
©f June, 1880.
A. R. Rodgers,
Correct—Attest:
Notary Public.
W. C. LANGLEY,
)
C. G.
OF
7,9"0.202 58
Total
$5,000,000 00
1,250,000 00
Undivided profits
National bank notes outstanding
Dividends unpaid
Individual deposits subject to check..
Demand certificates of deposit
Certified checks
Due to other national banks
Due to State banks and bankers
VALUE
13,925 31
Legal-tender notes
Redemption fund with U. S. Treasur¬
er (5 per cent of circulation)
LIABILITIES*
Capital stock paid in
32,621 13
47,336 06
Exchanges for Clearing House
22 07
5,295,577 00
651,000 00
$23,788,723 53
Total
200,000 00
Premiums paid
Checks and other cash items
59,888 00
pennies
’Specie
JLeg&l-tender notes
Redemption fund with U. S. Treasurer
(5 per cent of circulation)
Due from U. S. Treasurer (other than
5 per cent redemption fund)
385,000 00
Other real estate
Current expenses and taxes paid
3,592,093 56
“Exchanges for Clearing House
81,882 21
Banking house
143,205 69
09
07
00
00
170,692 68
21,067 43
....
89
9,916 34
Current expenses and taxes paid
Checks and other cash items
$4,977,958
231
867.000
17,000
Loans and discounts
Overdrafts
U. S. bonds to secure circulation
U. S. bonds on hand
Other stocks, bonds and mortgages—
Due from other national banks
Due from State hanks and bankers
RESOURCES.
Bills of other banks
fractional paper currency,
[VOL. XXX.
y
J
A
large, discount on this price is allmccd to
Bankers
and Brokers who
order 25
or
Vftore
copies, for their customers.
WILLIAM
i
S.
1)AM & CO.,
PUBLISHERS,
PARKER HANDY,)
GEO. CHAPMAN. > Directors.
WM. A. BOOTH,
)
79 Sc 81 William Street, N. IT.
@FedFRASER