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Qfinantlai;
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OP THE UNITJED STATES
VOL.
NEW
26.
YORK, JUNE
NO.
29, 1878.
Financial.
Financial.
Financial.
NEW
THB
National Bank-Note
(INCORPORATED NOVEMBKE,
OFFICE, No.
1
WAUL
Co.,
52
1889.)
STREET,
NEW TORK.
^
EBOBATZBB Or THB
Oalted States Bonds, Notes, Cnrrenoy
and National Bank Notes.
Bnoratiko anb PBDmHO or
BANK-NOTES, STATB AND BAILBOAD BONDS,
POSTAGE AND BETBNTIB STAMPS.
CEBTinCATES, DRAFTS, BILLS Or EiOHANOB.
AND COMMEBOIAL PAPEBS,
in the highest etyla of the art
with tpeeial
ufft'
qvard» devised and pateated, to prevent conntsr'
telling and alterations.
>
This Company engrsTes and prints bonds, postage
stamps and paper money for varloos foreign
Uoremments and Banl£ln°^ Institutions Soatb
American, European, West India Islands, Japan, &c.
J.
jr.
B. TAN ANTTVERP, PresH.
SIACDONOVCiH, Vlce-Pres'U
A. D.
SHEPARD,
Treasurer.
JNO. E. C17BBIBIt, SecretaiT.
Asa
p. Pottxb, Prest.
Bax'l Pbillifs, Cashier.
13
Stocks. BoDds, Gold and Government SecarltlC8
bought and Bold for cash or on margin.
Southern acd VTegturn State, Municipal and Ballroad Securities made a specialty.
Mining Stocks l)aught and sold at New York and
S&n Francisco Exchanges.
Correspondence solicited.
BOSTON.
......... $400,000
Sorplns, ......... 300,000
Capital,
&
New
Transact a General Banking Business.
Commission, and carried on Margins.
Deposits Received and Inte' est Allowed.
Accounts of Country Banks and Bankers re
nvited.
R. A. Lancaster & Co.,
BANKERS AND BROKERS.
66 BROADU'AV, NEW YORK,
nsALKRS IN
Plrat.CIass luvestmeiit Securities.
GOVERNMENT BONDS, STATE, CITT, COITNTT,
RAILROAD & MIBCELLANEOl:s SECC7KITIEB
Bought and Sold on Commission.
Virginia Tax-ReceitabU Coupons Bought,
SOUTBEHN SECUBITIES A SPECIALTY.
LOANS NEGOTIATED.
A. H. Brown
&
tW
Hatch
&
Foote,
No. 12 lirAI<L
BUT AXD eSLL
MISCELLANEOUS SECURITIES.
WALSTON
H.
Special attention to business of country banks.
34
BBOWK.
BANKEBS,
Pine Street, New
York.
SPECIAL ATTENTION GIVBN TO THE NEGOTLATION OF
inERCHA.VT AND BANKER,
BANKERS,
12 ITALI.
STREET,
I.A
;
also.
Time and Sight
BANK OF LONDON.
\^'all Street.
Hilmers,McGowan & Co
BROKERS IN
FOREIGN EXCHANGE AND GOLD,
63 W^all Street, New York.
BOX
fP. O.
2,sn.)
Special attention paid to the negotiation of
E.
Com
Bailey,
S.
7
PINE STBEET.
Insurance
Stocks
A SPECIAXTT.
Cash paid at once for the above Securities; or Ui«r
he sold CD commlsfllon, at seller's option.
vlll
Beers, Jr.,
Stocks,
GAS STOCKS,
WALL 8TRKKT.
Geo. H. Prentiss,
8X
Room
Bills
BROAD STRSSr.
23.
CAS STOCKS
A 8PKCLALTT.
Brooklyn Securities Boncht and
G. T.
Bonner &
part* of the
on the
Cable Trsnsfera made.
UNION
Co.,
No. 30 Broad Street, Nevr York.
WANTED
&
riko'a
I
Kli. Ist Mortgage
KIE. Bonds.
Peak
Keokuk A Des Moines
all
SoM
BANKERS AND BROKERS,
Atchison
NEW YORK,
Issue Letters of Credit, available In
world
OBI.BAII8
No. 16
1854.]
Transact a general banking and brokerage buslneM
In Railway shares and bonds. Government Secorltlei
and Gola.
Interest allowed on deposits.
Investments carefully attended to.
BAILBOAD SECDBITIES.
Kountze Brothers,
HBW
[EsUUUIicd
raSD, A. BSOWK.
Charles G. Johnsen,
166 GRAVIRR STREET
Securities.
Gwynne & Day,
Brooklyn
GOVERNMENT BONDS, GOLD, STOCKS AND
Co.,
INVESTMENT SECURITIES.
Government Bonds and Investment
STBEET,
Walston H. Brown &Bro.
Bankers and brokers,
1 Wall St., Cor. New, New York.
sell
N. T.
ceived on favorable terms.
BANKEBS,
Co.,
Dealings In
New Ifork
St.,
Boston business paper dlaconnted. Correspondence
to
62
Francis,
STOCKS. BONDS and GOLD Bought and Sold on
(tlven
&
BANKERS,
CEDAB STBEET,
BANKERS AND BROKERS,
70 Broadway SclS
Hambnrs and
merclal Mils.
COLLECTIONS, and
Special attention
prompt remittances made on day of payment.
i
S. B.
Trask
or
London, (Eilmlted.)
HOUSE IN EUROPE.
BERENBERO, GOSSI.EB tc CO
HAMBURG.
Oilman, Son
NEW
Petty & Bostwick,
BROAD STREET, NEIT TOBK.
Maverick National Bank,
JOHN
BROKERS,
Sak'l D. Davis.
BOBTWTOK,
Member N.T. Stock Exchange.
P«TTT.
Co.,
In addition to a General Bar king Batineaa, bay sad
YOBiK.
GOVERNMENT BONDS, MUNICIPAL AND RAILROAD SECURITIES BOUGHT AND SOLD ON
J. N.
Bank
International
Davis,
PINE STBEET,
COMMISSION.
C. D. Wooo.
&
GOSSLER
York.
and dividends, also as transfer agents.
Bonds, stocks and securities bought aticl sold on
commission.
Sound railroad and municipal bonds negotiated.
Funds carefully Invested In Western farm mortgsgcs, and the Interest collected.
No. 31
BOSTON.
70 State Street.
Street.
COBRKSrONDESTS OP
Accounts and Agency of Banks, Corporations,
Arms and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations In paying coupons
—
Ijonimunlcationa may be addreiied to ttUt
ijompany in any language,
Co.,
BANKEBS,
lirUUam Street, New
Wood
&
BANKERS AND
YORK.
134 Pearl
&
Paton
Jesup,
679.
Boodi.
DsKVlJlo Urbana i«. * Pekin RK. Bond*.
Mobile * Ohio Kall7oad Stock.
FOB SALS
I
Mobile * Ohio Railroad Sterllajt Bondf.
Toledo ft Wabash Equipment Bonds.
Flint * Pere .Marquette UK. Couol boniU.
LitUe M jiml BsUrcad Stock.
<
;
;
:
THE CHRONICLE.
II
Canadian Banks.
Canadian Banks.
Bank of Montreal.
Imperial Bank of Canada
Foreign Exchange.
&
Morgan
Orexel,
Co.,
WAI.I. STREET,
COKNHR OP BROAD, NEW TOEK.
Drexel
No.
34
&
Drexel, Harjes
Co.,
SOCTH Thied
St.,
&
Capital,
Co
Boulevard HausemanD
31
CAPITAL,
SURPLUS,
$12,0Oi>,000, Gold.
5,500,000, Gold.
-
QEOBQE STEPHEN,
Paris.
Pbiladeipliia.
Attornbys and Asrwts of
messrs. J. S. inoRCiAN Sc CO.,
No. 88
OLD BROAD
Brown
LONDON.
ST..
&
Brothers
No. S9
AVALL
ST., N.
Transfers
Co.,
V.,
tee of repayment, Circular Credits lor Travelers, In
dollars for use In the United States and adjacent
countries, and In pounds sterUnff for use in any part
of the world.
THEY ALSO ISSUE COMMlERCTAL CREDITS
MAKE CABLE TRANSFERS OF MONEY BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.
&
G.
G. C. Ward,'
AGENTS FOB
BARING BROTHERS & COMPANY,
Si WALL STREET, NEW YORK.
28 STATK STREET, BOSTON.
J.
&
&
Stuart
Co.,
EXCHANGE ON
Sc SMITH'S,
BILLS OF
PAYNE
BANKERS, LONDON
»„„,,
)
Sterling Exchange, Francs and Cable
grant Commercial and Travelers' Cred-
;
available in any part of the world
;
issne drafts
on and make collections in Chicago and throaghoat
the Dominion of Canada.
London
;
MANCHESTER & COUNTY BANK,
* LIMITED"
JOHN STUART & CO., Bankers,
MANCHESTER, PAYABLE IN LONDON
VI^STER BANKING COMPANY,
BELFAST, IRELAND
AND ON THK
Office,
~
BANKERS,
69 EXCHANGE PLACE,
CORNER BROAD STREET. NEW TORK.
Issue Letters of Credit for Trarelers,
Payable In any part of Europe, Asia, Africa, Aostralla
and America.
Draw Bills of Exckange and make telegraphic transfers of monev on Knrnn*^ and CaMfornla.
&
Co.,
No. 8 TTall Street, New York,
No. 4 Post Office Sqnare, Boston.
CHEQUES AND CABLE TRANSFERS ON
MUNROE
& CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON.
CiEonLAB Notes and Cbxdits roB Tbatsisbs.
Knoblauch
Demand Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MacTAVISH,) .„.,.
Agents.
WM. LaWSON,
}
Lichtenstein,
BANKERS,
Exchange Place,
Bank
Commerce,
of
No. 50 AV.ILL
Surplus,
of Europe.
G. Amsinck
BerUn.
&
Street, New
asbitts fob thb
ISO Pearl
Co.,
York,
LONDON AND HANSEATIC BANK,
(Liimii>).-LONso]sr.
$1,000,000.
OFFICE, TORONTO.
Hugh Lkach, Asst. Cash,
Branches at Montreal, Peterboro, Cobourg. Port Hope
Barrle, St. Catharines, CoiilHgwood.
;
BANKERS:
LONJ>ON, England.— The City Bank.
National Bank of Commerce,
W--..T
NEW Vrtor
YORK, S
j
^.
J,
s,Qiti,er8
and W. Watson.
Collectlonsinade on the best terms.
Cotton.
COMMISSION mEKCtiANTS,
Buys and
ex::hange flack, hz^' tore.
»!*
srtuSKS I>
manclieBler aud Liverpool^
W.
21
Sells Sterling
Exchange, and makes Cable
Issues Commercial Credits available everywhere.
CO.
&.
&
C. Watts
STREET.
Transfers of Money.
Co.,
Uruwu^K Bulldlnes,
LIVKKFOOL,
toUcItconstgnmen.s of
COTTON
Ue
and orders tor
purchase or sale of future shipments or deliveries.
:',:S:'^Gl>'iSif.l^«en«.
CA
Capital,
-
-
-
IW
A D A.
$6,461,790, Paid Up.
HEAD
OFFICE, MONTREAL.
GEORGE HAGUE,
WM.
J.
New
stre-^t.
SON, 64 Baronne
J.
all
Information
WATTS &
afforded by our frienas, Messrs. D.
Stone
President, the Hon. JOHN H4MILT0N.
Vice President, JOHN MoLENNAN, Esq.
Fork, and Messrs. D. A.
Street.
New
Co., 91
GIVEN
<k
(.irleaus.
C. Johnson
&
Co.,
COrrON BUYERS FOR MAXUFACTURERS
General Manager.
Asst. General Manager.
INGUaM,
BANKERS.
LONDON, ENG — The Clydesdale Banking Co.
NEW Y01;K—The Bank of New yorl£,N. B. A.
McAlister
The New York Agency buys and sells Sterling Exchange, cable Transfers and Gold, Issues Credits
available in all parts of the world, makes collections
In Canada tind elsewhere, aid Issues Drafts payable
at any of the offices of the bank In Canada
Demand
drafts Issued payable In Scotland and Ireland, and
every description of foreign banking business undertaken.
New York Agency,
No. 62 William St.,
with Messrs. JESUP, PATON & CO.
&
Wheless,
COrTON
National Bank of the Republic.
OOMMISSION MEHCHAN7S
NASH\T:LLE, TENNESSEE.
Special attention given to tipinuers' orders.
spondeuce
Corre
solicited.
Refbkknoes.— Third and Fonrtn National Bank
and Pronriatora of Tub Ckkoniol*
t
IflisceUancons.
Exchange Bank
OF CANADA.
Capital Paid
HEAD
Up
$1,000,000.
JOSEPH GILLOTT'S
OFFICE, MONTREAL.
Pres't.
C.
R.jMURRAT,
STEEL PENS.
Cashier-
BSA2/CES,S;
Biim/ros, Ont.; Avxheb, Ont.; Pabe Hiu,, OHT.;
Bedfobd, p. Q.
QUEBEC
SPECIAL PARTNER,
DEUTSCHE BANK.
Reserve,
$2,000,000.
BEAD
Sold fy all dealtrs througlumt the V^orld,
Ouvrages sur
AOSyrS:
Credit
street.
The Bank of Toronto,
CANADA.
$6,000,000 Gold.
$1,900,000 Gold.
Capital,
YORK.
MaKe Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters oi
New York:
Wall
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold or currency draft on New York.
OEJERSEV
The Canadian
M. H. GAULT,
&
all principal cities
59
rates; also Cable Transfers.
CABLE TRANSFERS AND LETTERS OF CREDIT
NEW
In
Bank of Montbkal,
I
Knoop, Hanemann & Co
OF
St., cor.
Agents
I
Commercial Credits Issued for use In Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable In
London and elsewhere, bought and sold at current
ALSO,
39 TYlUlam
I
Duncan Coulson, Cashier
NATIONAL BANK OF SCOTLAND.
John Munroe
street.
Advances made on cousi^-aments. and
& W. Seligman & Co.,
Cashlei
Promptest attention paid to collections payable la
any part of Canada.
Approved Canadian business paper, payable In gold
No. 9 Bircliln Lane.
Merchants' Bank
J.
WILKIE,
AGEMC* OF THE
Bank of British
North America,
No. 52 WALL STREET.
J.
33 NASSAV STREET.
SiaiTH,
WALL STREET.
61
Lombard
93
Capital,
Isene, against cash deposlU'd. or satisfactory guaran.
'S.
its,
;
OFFICE, TORONTO.
Agents In London
BoBANQrKT, Salt & Co.,
OFFICE,
Waltke Watson, J *«™™-
sell
HEAD
$1,000,000.
President D. R.
Dealers In American Currency and Sterling Exchange-
General Manager
C. F. Smithees,
Buy and
HOWLAND,
ANGUS,
NEW YOBK
&
S.
Bbakchks:-ST. CATHERINES, PORT COLBORNE.
ST. THOMAS, INGERSOLL, WELLAND.
R. B.
Nos. 69
H
President.
DOMESTIC AND FOREIGN BANKERS.
DepoaltB received subject to Draft. Securitiea.GoM,
&c., bought and sold on CommisEion. Interest allowed
on Deposits. Foreign Exchange. Commercial Credits.
Circular Letters (or Travelers,
Cable Transfers.
available in all parts of the world.
XXVL
[Vol.
d'Alph.
(CITY) .-Owen Murphy.
NOVA SCOTIA.— Merchants' Bank of
FOSEJGJf AGENTS:
Halifax.
LONDON.—The Alliance Bank (Limited).
NEW YORK.—The National Bank of Commerce.
Messrs. Hilmers, McGowan & Co.
CHICAGO.— Union National Bank.
BUFFALO.— Bank of BuHalo.
la
COURTOIS
Bourse
FIL3
Tratte elementalre des Operations de Bourse et d
Change.
remanlee et augmentee. 1 vol. In-lS, 4 fr.
et des Socletes par actlone^
refondue, 1 voi.ln-18,8fr.
completeraent
7e edition,
Tableaux des plus hauts et plus has cours meiisuels dos
Kentea francalses, et annuels des nrlnclpalea
valeurs cotees a Farls, Lyon et Marseille, de 1797 a
6e edition,
Manuel des Fontis publics
1877.
Atlas cartennc,
15 f r.
,
,
Banque de France et des princlpaiee Inetlmtlona f rancalses de credit depuls 1716.
Hlfitolre de la
Sterling and American Exchange bought and sold.
Interest allowed on Deposits.
~: Collections made promptly and remitted for at low-
eat rates.
1 vol. Brand ln-8o, 7 f r. K).
Chez Garnler freres, edlteurs, 6, rue des SaintsPeres Gulllaumln et Ce, edlteurs, 14, ruo de Richelieu,
ou Chez J'Attieur rue Nollet, No. l.
;
J
:
June
THE CHRONICLK
39. 1878J
Commercial Card*.
Steamstalps.
ON L 1
Direct Line to France.
The Hencral Trann-Atlantlc Coinjmnjr'."
Mail Steamships^
nETWKKN
€ OKI
ContlneQt—«M.oln8 provided with electric betU— wltl
•all f rum IMer No. u North Hlvcr. foot of Morton at.,
Canton, 'Amny, Fooeboir,
SnauKhai and llankotv, Clilua.
1
C«NTKAL
1
itepresented by
MUKRAY >t)RBKB,J
BTKIllT.
8.
W. PO.\IKR0r
WaTSB
106
Js..
BT., N.
T
Shanghai
Banking Corporation,
Wed.. July 3. 8 A M.
AMKUIQIF-Delord
Wed.. July it». 2P, m.
•VILLK 1>K PAKI8, S-mteUl.-Wed., July 17, 7:90 A. M.
PKlCK ttt PAbSAOK in G0L1> (tnctudlute wine;:
To liiivr'* -First cabin, f :00: fiecond cahln, « 5; tftlrc
caMn, $35 Bt«eraKe. |26— Including wine, beading and
1
Boston Agency,
Hong Kong &
ax fnllows
I'KK K KKVlHnre
Russell & Co.,
MISSION nBROHANTS
AND SHIP AQKNTS.
M
OaHlnir At Plymouth for the landtnir of Pasflenserfi.
The ppleudlq vcbsgIh on this favorite roate, for the
Financiul.
.
Head
8.
HonK Konc.
Office,
Repreunted by
W.POMEKOY
Watss
Jf.. 105
St.,
H. Y.
;
utenBlls.
To I'lyniotith, I^ondon or any railway station In
England-"Ktri!t cabin, |90 to $100, accor-llng to accommodation second cabin, $^5; third cabin, $35, itccr*
age, $27. Including everything as above.
lieturn tickets at very reduced rates, available
:
:hroagh England and France. Steamcnt marked tbns
<*) do not carry Mteer«<ge pjsfiengers.
For passage and freight apply to
Charles E.
Parker,
COMMISSION MERCHANT,
14 Exchange Place,
BOSTON.
Post Office Box
LOUIS DEBEBIAN,
2.<S4.
Co.,
COMMISSION MERCHANTS,
Kong KonK,
Shanghai, Poocho'W and
Canton, China.
BI.MONTHLT 8KUVICE TO JAMAICA, HATTl
COLUMBIA SDdASPlNWALL, and to PANAMA and
SOUTH PACIFIC POKTS(rla Asplnwall.)
Pll§l-cla«s, fuU-powtired, Irou
Pier No.
ForKingBton
ATLAS
For
June
bupenor
I
CO., of China,
104 IVall
Flaytl.
ALPS
CO.,
AKenU,
No. H Wall
&
John Dwight
jQly 13
a..cuiiimou)itH n.
FORWOUD *
New
St.,
Panama and South
(vm Asplnwali).
29
nr))i-cii)i>kj>ii0eeQ>;c!
PIM,
and
KTSA
Iiittinms of
PacJflc Port*
ANDES
OLYPHANT &
screw ilflamerB, from
(.Jam.)
1
Colombia,
Hajrtl,
BKPRESKKTED BT
North Klver.
11.
York.
Co.,
MANUFACTURERS OF
treet.
SIJPE R -CARBONATE
THE OLD RELIABLE
SODA.
New
Old Mlp,
No. 11
The Jobbing Trade
ONLY
.Mi»8cd in
TUE ELEGANT STEAMERS
STONINOTON and
5 P.
Dally
]fl
RHOBE
from Pier
33,
&
ISLAND.
North Blver, f o»t of
STEA.MBOAT EXPRESS TRAIN WILL
LEAVE STONl.VGTOy AT 4;30 A. M.
MiiCnfiiCluterB
Hereafter the
State-rooma and tickets secured at 363 Broadway and
at all offices of Westcott Express Compiiny la New
Tork City and Hrooklyn. Also tickets for ealc at all
And
LINE.
FREIGHT ONLY FOR
Prorldencp. Worcester, Nashua and
all Points North.
5 P.
M
Freight
L.
.
I'ally
uken
Turner
street.)
via either line at lowest rates.
D. S. BABCOCK, President.
all
A
fall
supply
all
always
& Bro.,
CHARCOAL
t
ihlps' Rigging, Suspension
Hrlflges. Derrick (luys.Ferry
Hopes, &c.
A large stock
constantly on hand from
which any desired length
JXAT STEEL AND
IKON ROPES
for Mining
purposes manufactured to
order.
inASON & CO.,
43 Broadway, New York.
TT.
Smith's Umbrellas.
GINGHAM
any
GUANACO,
patented
,
(Ize
81
2
00
00
164 Broadivajr, near Pine street.
1188 Broadway, near 29th street.
405 Broadw^ay, near Canal street.
Established A.D.I 802
KELBHKR
Ac CO.,
BANKB,KS A\U UKOiUi^US,
hX. LOUIS.
;
WANTKD.
A
~
Northern Pacific KR. Preferred ttock and Bondl.
Oregon Steam Navigation Co. Stock.
ClalmB on Jay Cooke A Co.
Texas Paclllc RIJ. Land Grant Coupon Bonds.
Jefferson. Madison & Ind. liR. \»l and tid Mort. Bonds
Sandusky Mansfield & Newark Rli. Itonds.
City, County and Town Hoods of Ohio, Iowa ft Wla.
&;
Nashvl.Ie liK. Stock.
& Saginaw HR. Bonds.
FOR
iniLlVARD'S HELIX NEEDLES.
SAI.R.
Jersey City and New Brvnswick ; per ct. bonds. 1897.
Win. a&. UXJLUY, 31 i»iu« St., N. Y.
400 BROADWAY, NEW YORK.
ORGANIZED APRIL I2T? 1842
"HE:*
E.R.Mudge,Sawyer&Co
AGENTS FOR
KIIIIk, Cblcopee Mfg Co.,
ItiirliiiKtoii %%'ooleu Co.',
in II Is,
Ellertoii
Washlnstoii
New
Atlantic Coiton mils,
Saratoza Victory mfg Co.,
AND
Hosiery, Shirts and Draivers
A
From Various Mills,
BOSTON,
YORK.
is Cbauhozt
Wbitc Stribt.
PHILADELPHIA,
W. DAYTON, aSO CHKaTNtrr 8TE»«t.
ISsi.XS.WINSTON. PRESIDENT
NKW
49
J.
.
of
St.
lifeXnB endowment poucies
OMT£RhlS AS FAYOfiASUASnOSeOfAHYOne/iCa,
SILK, iiaragon frame
2 50
Fine Silk Umbrellas in great variety.
Vmbrcllas and Parasols to order & repalrtd.
36 Fulton Street, near Pearl Street.
160 Fnlton Street, near Broadway.
Bonds.
Interest-paying lionds of Southern Railroads.
Cairo A Fultoa UK. Bonds, all Isi^ues.
Kansas Paclflc Railroad Bonds, all Usaes.
clined Planes, Transmlsnoo
of Power, ftc.
Also Oa.-
JOHN
P. F.
Fort \Vayne Jack.
in-
and BBlor
In-
Municipal Defaulted Honds.
Holders ana dealers would C'>n*uU their Interests by
conferring with us. Reliable information cheerfully
Louitvliie
superior quality
suitable for MININO AND
are cut.
Defaulted
References.— Messrs. Clark, Dodge & Co., Speyer
New York E. W. Clark &. Co., Philadelphia.
Wire Rope.
AND
van'.zed Charcoal
and desirable
Special attention given to Compr nit-islng, Fandliff.
Buying or Selling Missouri County, Townahip ana
In stock.
Street.
George A. Clark
HOISTING PURPOSES,
as a safe
Interest.
JESVP, PATON & CO.,
WILLIAM STREET, NEW YORK.
Co.,
Commercial Cards.
and
furnluhed.
Coloi-s
Daane
sale at par
No. 52
BontinK Company.
Widths and
No. 109
W. FILKINS. General Passenger Agent.
STEEL
IKON of
jFVec 0/ all Tazex, imposed or to be imposed.
1903.
Interest payable May 1 and Nov. 1.
These bonds are a direct obllgaMon of the Chicago
A Alton RR., and have a first lien over the Chicago
Kansas City & St. Louis RR.— 16a miles— In .'Ilssourl.
Bonds due
kinds of
Also, Agents
f'nlted !<tBte«
BRO.,
CHICAGO & ALTON RAILKOAD
For
ATVNING BTKIPKS.-
'
BKUWN &
They are recommended
In
'
••
H.
vestment.
and UealerR
COTTON CANVAS, FELTING DCCK, CAB COVER
l^&, BAGGING. RAVENS DUCK, SAIL TWINES
HO.
ONTARIO SEAMLESS BAGS,
steamers leave.
from Pier 29 North River (foot of
Warren
of one huLdred thousand tons of cral per annum
will pass over this road to the ciiy of Rochester
alone. The local buEiness is very large, as the road
passes through thirty towns between Rochester
and Salaman a, in r hich there are eleven flouring
mills besides various other manufactories.
The
bonds are a flrst mortgage lien, at the rate of 120,000
per mile, npon the road and its equipment,' We
offer for sale a limited amount of these Bonds at 90
per cent and accrued interest.
COTTONSAILDUCK
hotel ticket-offices.
PROVIDENCE
City of Rochester nvested a large amount in the
Capittl Stock of the Company at par, la order to
secure a shorter line for a coal f npjily, and upward
»lx Per Ct. Gold »lnhln-; Fund Bonds,
UNITED STATES TRUST CO., TkCstee.
Co.,
Jay street.
all the Mew England business coming
from the Sonthweateru States. A pipe line for
ttaosporiing petroleum oil has been constructed
from the Bradford Oil Regions to Salamanca, and
upward of 65 cars < f oil per day pass over the
road. The .company is nnder the same control
the New York Central, and la already earning a
surplus over the interest on its bonded debt. The
route for
York.
Supplied.
Brinckerhoff,
7 Consecntive TearB.
York, a dl«tance of about lOt mllei. It pastw
through the rich valleys of the Oeneses sad
Wyoming, a d forms the tonnectinx Unit between
tke New York Central and the Atlantic A Orest
Western, making it the shortest and most direct
34 Pine Street.
ALL POINTS EAST.
Not a Trip
Tlu Socheiltr <t StaU Un* Jtailway runs from tb«
Oily of Rochester to Salamanca, in the SUte of 5ew
WALSTON
OF
Stonington Line
FOR
BOSTON,
AND
or THE
ROCHESTER Ot STATE LINE
RAILWAY COnPANV.
M
&
Olyphant
A sent, 55 Broadw^ay.
Atlas Mail Line.
Mortgage
Seven Per Cent Bonds
First
HonK KonK,
J.
NRW VOUK AND HAVUB.
•
m
niANCHESTER
Works,
Locomotive
MANUFACTURERS OF
Locomotives and Atnoskeag Steam
Fire EnKinos,
MANCHESTER, N. H.
ARESTA8 BLOOD, "W. G. IflEANS,
Superintendent,
Manchester, N. H.
I
lASHASSETSllR $80,000,000.
D.
W. Lamkin &
Co.,
Cotton Factors,
TICKSBURO, mSS.
Orders to Fnrchase Cottos In our market solicited
Refer to Msnrs. THOMAS J. BLAUGBTEB, New
Traainrer,
40. Water street, Botton < York.
:
THE CHRONICLE.
IV
[Vol.
Financial.
Financial.
INTBBE8T AND DIVIDBNDS
THE
ON THE FOLLOWING BONDS AND STOCKS
lyOTICE
IS
& Co.,
No. 36 Nassau Street,
ON AND AFTER JULY IST, 1878:
HEREBY GIVEN THAT rpHE CHATHAM NATIONAL BANK
the iradersigned, as Trustees and Receivers of the
on behalf of the said
company, on presentation at the
A. ISELIN
City,
coupons
on the .following-named mortgage
1878,
1,
office of
New York
CO., No. 43 Wall street.
due Jan.
Allegheny Valley KK. 7 3 10 per cent bonds.
Allegneny City, Penn,, Compromise bonds.
bonds secured on portions of «ald company's
Andert-on, Indiana. boLds.
AngUlze County, Ohio, bonds.
Cincinnati Klchmond & Chicago
RAILWAY COMPANY, will pay
&
mortgage
Ist
road
line, viz.,
rail-
on
No.
196
Columbus & Indianapolis Railroad Company's preferred first mortgage.
Michigan Ist mortgage bonds.
Columbus & IndiiinapoUs Railroad Company's comFrankfort, Indiana, School bonus.
^
'
Grant Couniy, Indiana bonds.
mon first mortgage.
Howard County, Indiana, bonds, called in.
Columbus & Indianapolis Railroad Company's second
Indianapolis. Indiana, bonds. Various issues.
Indlauapo is, Ind'ana, Car Company bonds.
mortgage.
Indianapolis, Indiana, Water Work-^ Co. Gold bonds.
Columbus & Indianapolis Central Railway Company's
Logan^porr, Indiana, Water Loan bonds.
first mortgage.
Marlon, Indiana, Water Works bonds.
Massillon & Cleveland RK. Ist mortgage Gold bonds.
JAMES A. ROOSEVELT,
Mercer County, f)hlo, bonds.
WILLIAM R. FOSDICK,
Pittsburg Fort Wayne & Chicago liallway 1st mortTrustees and Receivers of C. C. & I.e. KB. Co.
gage bonds.
Pittsburg Fort Wayne & Chicago Railway 2d mortNew
Yokk, June 28, 1878.
gage bonds.
Pitiaourg Fort Wayne & Chicago Railway Construc-
&
tion bonds.
Scioto Valley Railway Ist mortgage 7 per cent bonds.
8cloto County, "hio. bonds, Various ihsues.
8t. Johns Hallway, Florida. lU per cent bonds.
Terre Haute, Indiana, bonds, Issued to £. T. H. & C.
KK.
Wheeling, Wett Virginia, Compromise bonds.
Pittsburg Fort Wayne & Clilcago Railway Special
Quaraateed Stock, Quarterly Dividend of IX per
cent.
Ecml-annual Dividend of 5 per cent on Stock of the
Louisiana National Bank of New Orleans.
Inst.
Regu'ar Quarterly Dividend of 13^ per cent
& Chicago Guaranteed
on the Pittsburg Fort Wayne
Stocki
On 15th Inst. Rlcbmond, Indiana, 8 per cent bonds.
On 2oth Inst. Cincinnati Hamilton & Daytoa 2d
mortgjge bonds.
On 26th Inst, city of Fort Wayne, led., S ptr cent
bonds.
YORK, June 27, 1878,
FOI.I^OTICB.-COUPONS OF
THE
LOWING
Bonds, maturing July
1,
be paid
1378, will
after that date at the office of Messrs.
JESUP,
PATON & CO., No. 52 William street, New York:
& Alton Railroad First Mortgage.
Chicago
St.
&
Louis Jacksonville
Chicago Railroad Second
Mortgage.
Joliet
& Chicago
Railroad First Mortgage.
Dubuque & Sioux
City Railroad First Mortgage.
Charlotte Columbia
& Augusta
Railroad Flnt Mort-
York, June
Columbia & Augusta Railroad First Mortgage.
Dubuque Southwest. KK.
P.-efcrred First Mortgage.
T^AST TENNESSEE & GEORGIA
RAILROAD COMPANY.— The Coupons of
pany due July
K. T.
Com-
this
be paid en and after 2d
1S7S, will
1,
proximo by
WILSON &
2
CO.,
Exchange Court.
XpAST TENNESSEE VIRGINIA &
GEORGIA RAILROAD CCMPAN Y.-The coupons of
Company due July
after 2d
1878, will
1,
pany, the Western
tbe California
July
The Directors have
this
THREE
(3)
1,
1373,
will
ComCompany and
Railroad Company, due
be paid
FISK & HATCH, No.
the First
lu
go d
Nassau
5
at
street.
Holders
quarterly dividend of Two per Cent on the capital stoclt of this
company has been declared, payable on the th 5 1st day
of August next, a dividend of Two per Cent on the
capital stock of the lewa Southern & Missouri Northern Railroad Company, held in trust for the shareholders of this company, will al-o be paid at the same
time. The last-mcntloneJ dividend wl I be equal to
Fifty Cents per share on ihe capital stock <»t this
company. The transfer books will close on the 3d
day of July proximo.
F. H. TOWS, Treasurer.
PACIFIC
RAILWAY
COMPANY Office, No. 5 Bowling Green,
York, June 28, is;8.— The Coupons due July 1,
on the Second Mortgage Bonds of the Pacific
road Company (of iUssourl', will be paid on and
that date at this office.
C. K.
GARRISON,
New
1878,
Rail-
after
President.
RAILWAY
FIRST MORTGAGE GOLD COUPONS,
DUE JULY 1,
WILL BE PAID BY
JOHN J. CISCO & SON, 59 Wall Street.
Tue transfer books
17,
IS78. -The Coupons Numbers of the First MortgHge
Bonds of the Scioto Valley Hallway Co., maturing
Jalyl,1878, will be paid on and after that date upon
presentation at the banking house of WIN&LOW,
Li.ANlEU & Co., cornel' or Cedar and Nassau streets.
JAMES P. UUKRY, Secretary.
New Toik.
SAVINGS
COMPANY.—The
Coupons of
this
RAILROAD
Company due July
R, T.
WILSON &
2
Fifty-fifth
and
CO.,
Exchange Couit.
$500,
this Institution
per
annum on sums
FOUR PER CENT
nOAD COMPANY.— The
visions of
doe JOly 1,
18T8,
Company
TlUlbe paid on and af Cer 2d prox. by
E. T.
WILSON &
2
TTNION TRrsr COOTPANlf OF
York,
73
Broadway, corner of Rector
York, June
22,
1878.—The
In
HP. DOREMUS,
tWrd Monday In July
street.
New
1,
1378,
Gold upon the coupons maturing
July 1, 1878, on the Bonds of the Union Pacific RallVay, Southern Branch, which have been stamped,
subject to the agreement of March 1, 1876. Coupons
inusi be left over night for examinatioa.
KINO,
C. F.
President.
York,
next.
June
SCHBLL,
President.
OF THE CITY OF NEW YORK. New York, June
1878.-DIVIDEND.— The Board of Directors hare
21,
GEO.
AND
Dividend of THREE
A HALF
free of tax, payable on the 1st of July
transfer books will be closed on the 20tU
be rc-opened on July 1,
GEO. W. PERKINS, Cashier.
this day declared a
PER CENT,
The
next.
wH
and
Inst,
q^HE BANK OF NETV YORK, NATIONAL BANKING ASSOCIATION, New
York.
Juno21, 1878.—The Board of Directors have this day
declared a Dividend of
THREE AND A HALF PER
CENT, free from tax, payable on and after July I.
The transfer books will be closed from 24th Juno
until July 5.
R. B. FERRIS, Cashier.
'pHE ORIENTAL BANK, New Yorh,
June
1818.—DIVIDEND.— A Dividend of
15,
PER CENT
July
1,
() has
FIVE
free of
day been declared, payable
this
all tax.
C.
W. STARKBY,
Cashier.
rpRADESmEN'S NATIONAL BANK,
New
York, June 20, 1873.—A
AND ONE-HALF PER CENT
be paid on Monday July
Dividend of
THREE
(3K), free of tax, will
1.
A. HAL8EY, Cashier.
WESTERN
UNION TELEGRAPH
COMI'ANr, Tekasdkkb's Office, New Yobk,
June
!;, 1873.
DIVIDEND
The Board of
Dire:^tors
No. 44.
have declared a Quarterly
Dividend of ONE AND ONE-HALF PER CENT upon
the Capital Stock of this Company, from the net earnings of the three months ending June 30, Instant,
payable at the office of the Treasurer on and after the
15th day of July next, to shareholders of record ott
the 20th day of June.
The transfer books will be closed at 3 o'clock on the
afternron of the 20th lust, and opened on the morning
of the 16th of July,
H.
ROCHESTEH,
Treasurer.
Delaware and Hudson
Canal Company
FIRST raORTGAGF, 4C.YEAR,
PER CENT BONDS.
7
PRINCIPAL DUE
1917; INTEREST, MARCH
AND SEPTEMBER; COUPON BONDS
tl, 000 EACH; REGISTERED
BONDS OF $5,000 EACH.
ARE SECURED BY A FIRST AND ONLY
MORTGAGE ON ALL THE PROPERTY OF THE
COMPANY IN THE STATE OF PENNSYL-
OF
VANIA.
FOR SALE AT 101 AND INTEREST.
We recommend these bonds to investors desiring
a security of undoubted character.
DREXEL, inORGAN &
CO.,
Corner Wall and Broad Sta.
^VINSLOW^,
LANIER &
CO.,
Corner Nassau and Cedar
Sta.
Texas Bonds.
STATE, RAILROAD, COUNTY AND
mUNICIPAL BONDS,
BOUGHT AND SOLD.
TEXAS LANDS AND LAND SCRIP FOR SALE.
Correspondence Solicited.
1878
Directors of the Metropolitan National Bank have
this day declare 1 a Semi-Annual Dividend of FIVE
(5) PER CENT out of the earnings of tue current six
months, payable on the first Monday of July next,
until which time the transfer books will remain
closed,
18,
Payable on and after the
Alvobd, Secretary.
New
Cashier.
•pHE HANOVER NATIONAL BANK
In accordance with the pro-
NEW METROPOLITAN NATIONAL BANK,
—DIVIDEND.- The
Union Trust Company of
EDWARD
1,
EDWARD
York, Trustee, will pay on and after July
Twenty Dollars
of 1500 and under,
per annum on sums exceeding
the by-laws.
CO.,
Exchange Court.
have declared the
remaining on deposit during the three or six
months ending July
this
27, 187J.
Semi-Annual Dividend, at the rate of FIVE
\f EmPUIS & CHAULESXON RAILCoupons of
YORK, June
5Sth Seml-Aunual Dividend.
The Trustees of
PER CENT
on and after 3d proximo by
will be paid
IJiSTITUTlOIv,
be paid on and
NEW
CENT., free of tax
1.
be closed until that date.
will
B..
OFFICE OF THE SCIOTO
NOTICE.—
VAi.t^EV RAILWAY (SO., Criumbus, O.June
MA^HATTAN
PER
payable on and after July
the office
r^HICAGO ROCK ISIi AND &: PACIFIC
MISSOURI
day deolared a Semi-Annual
Pacific Railroad
Pacific Railroad
& Oregon
of
New
presenting ten or mora coupons will leave them for
examination. In which case a receipt will be given
and payment made on ihe following day.
C. P. HUNTINGTON, Vice-President.
OALLATIS NATIONAL BANK.
New
COUPONS
187S.— The
Mortgage Bonds of the Central
proximo by
IT^NOXVILIiE & OHIO
3, 1S78,
27,
CO., No. 9Nas8iu Street,
THE HOUSTON & TEXAS CENTRAL
gage.
this
RAIROAD
V^KAILRUAD CUMPaNV.—The usual
NEW
on and
^'^CIFIC
or
ALSO
On 2d
QFFICE OF THE CENTRAIi PA-
.
New York, June 22, 1878.
FORTY-FIFTH DIVIDEND.
Broadway,
Dividend of
bonds.
Danville, Indiana, School bonds.
Dayton
I
Financial.
ARE PAYABLE AT THE BANKING HOUSE OF COLUMBUS CHICAGO & INDIANA CENTRAL
Winslow, Lanier
XXVL
J.
MCGOUBKEY,
Cashier.
BANK OF COMOTIRCE
NATIONAL
IN ISKW YOKK — A Feral annual dividend of
FOUR PhR CENT has been declared upon the capital
stock of this bank, payable on and after July 8, 1S78.
RICHARD KING, Cashier.
jr.
C.
CHEW,
29 Broadway.
WANTED
Alabama,
Sontli Carolina &, Louisiana
State Bonds;
New Orleans Jaokson & Gt. Nortbern,
msslsHlppl Central, and ITIoblle
6c
Oufo Ballroad Bonds ;
New Orleans Bonds.
City of
LEVY & BORG,
36
WALL STREET.
xmm
MERCHANTS' MAGAZINE.
HlJNT'S
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTEHESTS OF THE UNITED STATES
VOL.
SATURDAY, JUNE
26.
CONTENTS.
—an
—
Latest Monetary and Commerolal
I
Enjilish
News
643
I
THE BANKERS' GAZETTE.
Qnotatlonsof Stocks and Bonds... 647
iDveetments, and State, City and
Railway Stocks, Gold Market.
653
Corporation Finances
Foreign Exchaiipe. N. Y. City
6r>
Banks, Huston Banks, etc
Money Market, U.
S. Secnrities,
I
I
|
|
THE COMMERCIAL TIMES.
Commercial Epitome
Cotton
65.'^
I
Brcadstnas
65!)
655
I
Dry Goods
659
Tub Commercial and Financfal Chuonicle is isnued on
day morning, with
news up
the latest
to
Saitir-
midnight of FYiday.
TERMS OF SUBSCRIPTION-PAYABLE
IN
London
ADVANCE:
Office.
of the Cdbonici.e is at No. 5 Anstin Friars, Old Broad
Street, where subscriptions will be taken at the prices above named.
office
Advertisements.
Transient advertisements are published at 25centsperlincforca^h insertion,
but when definite orders arc given for ilve, or more, insertions, a liberal discount is made. No promise of continuous publication in the best pl..co can be
gven. as all advertisers must have equal opportunities. Special Notfces in
jinking and Financial column 60 cen' s per line, each insertion,
B.
WILLIAM B. PANA,
& 00., PablUhers,
JODH O. FLOTD, JH, f
79 Sc 81 William Street,
YORK.
WILLIAM
I
DANA
NEW
Post Offick Box 4502.
10f A
noat flle-cover is furnislied at 60 cents; postage on the same la 18
Volumes bound for s J b^cribois at $1 50.
CP~ For a complete set of the CoHJisnciAL avb Fixanciai, Chronici.b—
Joly, IS'l.'S. to date or of Hunt's Mebcuants' Maoazimb, 1839 to lfc7i, inquire
cents.
—
U the office.
^9^ The
Business Department of the Cbroniclic ia represented
New York City by Mr. Fred. W. Jones,
Financial Interests in
ing subject for inquiry.
The
upon which the whole turns is thaf, while
we have an enormous yield of grain
yet, a ready customer for it in the Eastern States and
Europe, and therefore a necessity for large transportafact
general
traffic is dull
one line of freights. Still, it is a small line of
compared with the carrying capacity of the
roads, and therefore the grain trade is the stake for
which this game is played, and Chicago is the objective
point to be reached. Across this State Vanderbilt owns
the principal line; between this State and Michigan he
controls the Lake Shore on the American side, and the
Great Western and Canada Southern on the Canada side;
across Michigan, he had the Southern road already, and
has now acquired the Michigan Central, which is the
connecting link of tlie two Canada roads. North of
these latter two is the Grand Trunk, which, like the
Great Western, has two termini one at the Southern
end of Lake Huron and the other at Detroit, connecting
Other than
at the latter with the Michigan Central.
by the last-named road, the Grand Trunk has at
present two ways of reaching across Michigan one
tion in
—
:
is
by
the
sufficient to
employ
all their
from
Milwaukee
which,
road,
&
short piece of the Fort
Euro- The Lake Huron
pean trip has been followed by several interesting move- that Vanderbilt
ments in the game which the railroad managers seem to thus cutting off
be playing for the control of the business which is not tional connection
return of Mr. Vanderbilt
&
Detroit
however, is subject to the three disadvantages of not
among reaching Chicago, of not being all-rai', and of being
Lake
closed in winter; the other is by the Chicago
Huron line, which reaches Chicago at present by using a
RAILROAD STRATEGIES AND COMBINATIONS.
The
step.
business
For One Tear, (including postage
.$10 20.
ForSix Months
G 10.
Annnal subscription in London (inclading postage)
£2 Ga.
do
Sixmos.
do
a»»
...
1 7s.
Subscnplions will be continncd until nrdcrcd stopped by a wrilttn order, or
at fhe pubUcaiion ojflc^. The Publisiiers cannot be responsible for Remittaniies
unless made by Drafts or Post-OQlce Money Orders.
The London
event upon which
commented was the next
has come the Michigan Central
THK CHRONICLE.
679.
we have
Soon after that
election, which has
placed that important road openly and formally in the
Vanderbilt control; this change is certainly some basis
of fact for rumor to work upon, and the significance of
these movements and counter movements is an interestgrain-carrying season
already
Railroad Strategies and Combina637
tions
Cotton Acreage and Stand la 1378 63S
NO.
29, 1878.
his recent
road
Wayne
is
will or
road for
in foreclosure,
may
its
western end.
and the rumor
is
get control of that also,
the Grand Trunk from an uncondiwith Chicago and giving him virtually
Rumor the control of ail the Western routes north of the lakes.
It is unsafe to take for granted any railroad movemore coma prominent European ments in advance of their becoming publicly accom-
carrying
facilities.
ascribed his trip to an intention to arrange
pletely for
steamship
connection with
line,
and, on the other hand, to secure the
control of the Atlantic
&
Great Western
line,
which
is
practically an English i)roperly; the object of the latter
part of the plan, .iceonlirg to the reports, was to
available, in a certain competitive sense, the recent
pletion of the Rochester
&
State Line road to
its
make
what would be
its
junc-
probable object
revengeful feeling, although
it
?
may
the action of a railroad manager in
com- such as whether ho
The disruption of
the east-bound freight pool, by a failure to agree upon
terms of renewal just at the beginning of the active
tion with the road just referred to.
plished facts; but, supposing this step were contemplated,
A
rancorous and
somewhat
some minor matter,
qualify
shall take this or that position in
respect to a pool combination, for the sake of punishing
a- rival, cannot become the permanent controlling power;
managing a road with the final object of hnrting a rival
woulil
be too preposterous to be
possible.
Hence,
it
THE CHRONICLE
638
seems clear, such an acquirement of control as is above
supposed can have but one of the following objects:
to bankrupt one or all of the other three trunk
lines; to punish them into submitting to reduced
rates; or to induce them to raise rates or to maintain
a uniform schedule. In the first place, no man of sense
could suppose that the Grand Trunk can be actually
cut off from a Chicago connection. In the next place,
to bankrupt the Pennsylvania and the Baltimore roads
is an undertaking rather too large for even Mr. Vanderbilt's most sanguine estimate of his own powers;
and, furthermore, he is the last man who should desire
the bankruptcy of either of them, for the specific reason
[Vol. XXVI.
tendency, and in some measure to guago that tendency.
But when one attempts to measure the change in a county
or State by a percentage, it becomes quite another problem,
calling for exact information which could only be acquired
by means of an annual census.
It is quite essential that this fact be kept in mind every
year to ensure a correct interpretation of acreage reports.
Futhermore, and for a like purpose,
bered
there
it should be remem.
whatever the fluctuations from season to season,
that,
is
progress in this industry as well as in
Some
this country.
years there
and occasionally a season
ing,
movement
;
is
will
but every period of
no advance
all
others in
in the plant-
show even a retrograde
five or ten
years discloses
we have already urged. Remembering the peculiar a constant growth, which is well illustrated by a simple
character of the Vanderbilt roads (in which they have statement of the total crops raised since 1828.
no parallel in the world), namely, that they carry the
great bulk of the Vanderbilt interest in respect to property, name, and family pride, it is as certain as anything
in
human
action can be that every effort will always be
put forth to keep those roads out of insolvency. But
as soon as any one of the four trunk lines breaks down
financially, it becomes a vastly worse competitor than
before it becomes dead weight for the others to carry.
All rumors of impending " wars," which have for their
object, on his part, the bankruptcy of any of his rivals,
may be treated as unfounded.
;
An
intention to coerce the other roads into a reduction
of rates
unremuVanthe roads across Michigan
also unlikely, because the rates are
is
nerative now.
The most probable
derbilt attempt to control all
—supposing such an attempt
is
solution of the
in his plana
—
is
that he has
not abandoned what was the Commodore's determined aim,
the maintenance of uniform rates to all the sea-board
TOTAL OBOPS OF THE CNITED STATES.
Years.
Years.
Quantity.
1827-28...
1828-29...
1829-30...
1830-31...
1831-32...
1832-33...
1833-34...
1834-35...
1835-36...
1836-37...
1837-38...
1838-39. .
1839-40...
1840-41...
1841-42...
1842-43...
*
t
1843-44...
1844-45...
1845-46...
1846-47.
1847-48.
1848-49...
1849-50...
1850-51...
1851-52...
1852-53...
1853-54...
1851-55...
1855-56...
1856-57...
1857-58...
1858-59...
720.593
857,744
976,845
1,038,847
987,477
1,070,438
1,205,394
1,254,328
1,360,725
1,425,575
1,804,797
1,363,403
2,181,749
1,639,353
1,688,675
2,394,203
Years of Civil
Estimated.
Quantity.
Years.
Quantity.
Sales.
Bales.
War no
;
Bales.
2,108,579
2,484,682
2,170,537
1,860,479
2,424,113
2,808,596
2,171,706
2,415,257
3,090,029
3,352,882
3,035,027
2,932,339
3,645,345
3,056,519
3,238,962
3,994,481
1859-60... 4,823,770
1860-61... 3,826,086
1861-65...
1865-66... 2,228,987
1866-67... 2,059,271
1867-68... 2,498,895
1868-69... 2,439,039
1869-70... 3,154,946
1870-71... 4,352,317
1871-72... 2,974,351
1872-73... 3,930,508
1873-74... 4,170,388
1874-75... 3,832,991
1875-76... 4,669,288
1876-77... 4,485,423
tl877-78... 4,750,000
»-
record of crop.
Evidently these figures teach progress.
Since the war,
was a time when the planting was such
now stop destroying one another, and let us make the that a minimum crop was 2 million bales, and a maximum
was 2^ millions then it rose so that the minimum became
best of the situation by establishing and maintaining
This view, at least as 3 million and the maximum 4 million and now the minirates by which we can live."
respects the subject of living rates, is fully borne out mum has become 4 million and the maximum 5 million and
by his letter just made public (and which we give upwards. Even had there been no acreage reports pubin full in another column), wherein, with excellent lished, every person reading these figures would find in them
clear proof of a pretty regular and very decided growth in
sense, he urges (as these columns have often urged) that
In this view he might say to his
cities.
rivals,
"Let us for
instance, there
;
;
in the
long run unremunerative rates hurt everybody,
cotton planting.
—
"With the help then of these suggestions the application
even the shippers and producers, who temporarily gain
by them. He argues that pools cannot make rates of which we shall see more fully as we proceed we are
prepared to study the special facts respecting this season's
exorbitant; that rates are now unremunerative and are
lower than any legislature would venture to prescribe; acreage, drawn from the reports we have obtained. We
that the division of tonnage
is the best plan yet tried)
and that " stability of prices, fair rates for transporta-
"tion, equitable dealings with
shippers,
and general
"prosperity, can be had only through some form of
" understanding embraced in what is generally styled a
"pool."
first
—
present the details with regard to each State.
NouTH Cabolina. — Tlie
In fact, the
season opened early.
weather was so satisfactory that in a considerable district the seed
was in the ground by the first of April. March, April and May
were very favorable months, except a want of rain in some secStill, notwithstandtions in April, and an excess of rain in May.
ing these complaints, the average condition of the crop was on
May 1st decidedly better than last year, and fully a week to ten
days earlier. June has been rainy thus far, with heavy local
hail-storms, but our observations show no more rain or damage
than in June last year; but of late it has required in some
important counties active work to keep down the grass, and
warm, dry weather just now is very desirable. There is an
This may be taken as the answer to reports that be
endeavor to break up the existing pool on westbound freight. Even if the writer of these timely words
were wholly insincere in them, they would be none the
The connection between railroads and all
less true.
in acreage in the more productive cotton counties, of
industry is intimate, and neither can have any real and increase
say three or four per cent, but in those counties where cotton is
permanent prosperity at the expense of the other.
less largely raised, wheat or tobacco is given the preference this
" Live and let live" is the soundest motto, and it is quite
Of commercial fertilizers no particular change in the
year.
time to earnestly try to conserve railroad property.
amount used is reported, but a very decided advance in homemade manures is noticed almost everywhere.
South Cakolina. This State has had a double impulse given
will
COTTON ACREAGE AND STAND IN
"We have often remarked,
reports, that
—
1878.
in giving our annual acreage
we did not claim
to
be able to
state
with
perfect accuracy the increase or decrease in the planting of
any
section.
ever,
be
Such
always
an- investigation as
relied
upon
as
we make,
reflecting
can,
truly
howthe
First, the continued hard times
have produced a natural tendency all over the country, in the
Northern States as well as in the Southern, to go to work and raise
Very seldom, if ever, in our history has there been a time
crops.
when men were so generally forced into acting upon the belief that
A necessity
only in the sweat of thy face shalt thou eat bread.
so urgent could not fail to result in an increased planting of
to production the present season.
—
.
JWK
in
fact is the special cauRn for the season'B progress
and in
cotton,
THE CHRONICLE.
20, 1878.]
that direction in
all
But besides
the Southern States.
this, in
639
promising, but in some important sections the Ut« raina hAre
we do not learn that they have done any
caused anxiety, though
South C'nrolina there hafi been an additional inducement, and that
the good government which has been established during the
year, and the remarkable improvement in the laboring cla.s».
Such rhanged conditions are synonymous with new hope, new
confidence; and these find expression in the renewed industry
harm which two weeks
which is everywhere observable. It is impossible to accurately
measure the result of all this in adding to the acreage. From
the reports received, and the known infiuences at work, we should
be inclined to place the increase above any of the es imatcs we
have seen; but we call it only 5 per cent, as that is the conclusion
of the Charleston Cotton Exchange, and is certainly an inside
With regard to condition little need be said; rains have
figure.
been more frequent than desirable during June, and the temperature lower; but with those exceptions the surroundings have
been very favorable all through the season, and to-day the plant
is much more advanced than last year, and more promising.
Fertilizers are in increased use, both commercial and home-made.
Ueoroia. — Probably better progress has been made in Georgia
than in any other Southern State in the matter of reorganizing its
capital.
is
work the evident attempt of late years has been
and the tendency, in the interest of economy,
In this
industries.
to diversify crops,
towards food products, so that cotton planting during that period
has rather retrograded than advanced. As a consequence the
planting interest of the State has been surely getting into a much
To an extent this latter fact is true of the
better condition.
whole South; but Georgia has reaped greater advantages from its
earlier start, and now (1) with a common impulse the country
over to increase acreage in everything, she adds (2) an enlarged
ability to do it, ensuring the result which is found to exist, to
wit, an increased area in cotton and all other important crops.
To illustrate this we give the following from Mr. Janes' (the Commissioner of Agriculture for the State) report for April of the
acreage in crops, compared with last year.
unit of comparison, so that 104
than
Of course, 100
means 4 per cent greater
is
the
in 1878
in 1877, &c.
3
Acreage inl878,
s
a
compiircdwltli
1877.
s
S
1
^
1
a
North Georgia. 104
Middle Georgia. 100
S'wcst Georgia
103
East Georgia.
106
8"ea«t Georgia.. 108
105
104
107
112
107
108
106
146
112
....
103
102
99
97
105
102
109
111
117
General average 103
108
118
101
109
e
S
.
.
.
V
>
2
5
101
103
....
100
108
105
107
111
85
107
102
a
s,
87
82
93
80
1
a
o
110
125
132
145
107
106
101
87
119
150
103
1
128
Here is growth everywhere. With regard to cotton, however,
our reports show a more decided progress than the above. We
think the loss in area of two years since has been more than recovered, and that the Georgia cotton acreage is now in excess of 1875.
Still,
we put
the increase at only 5 per cent over last year, so as to
have an inside
figure.
As
to the stand,
it is
excellent; the condi-
some places where the late rains have not given
time to keep the grass down) is clean and very promising; and in
development it is the most forward crop within our record. Early
receipts must be large.
tion ^except in
Alabama and Mississippr. — These two
States report conditions
very similar to one another this season. In both of them we find
a disposition, and with few exceptions quite jreneral, to make
more cotton than
last year.
We
acreage at 4 per cent in each State.
low prices
of svich
to find
an
have averaged
It is
tlie
increased
surprising after a year
and
in these States especially, where heretofore so little has been done
in that direction.
Of course it is only from the upland counties
that such reports come; but this tendency is coupled with a dispo^
sition to use more thoroughness in cultivation and to give increased
attention to domestic manures.
The stand in both States is excellent, and the condition (before the late rains, which, by the way,
have done no considerable harm) as good as it ever is, with the
increa.se also in fertilizers used,
we should say as early, if not earlier, than any in our record.
Louisiana. Although there isadecidedly new courage and new
zeal manife.8t throughout Louisiana in all productive enterprise,
and a more efficient condition of the labor class, there does not
appear to have been any large in'irease of the cotton area. In the
counties where sugar can be raised, the disposition is to turn the
attention more and more in that direction as the better paying
crop
—
crop.
Still,
cotton raising
lent
of good weather would not cure, except
that the forwardness of the crop
may have been
to
some extent
lost.
Trxas.
— As usual, this State shows a rapid Increase in the pro-
corresponding to the increase in lal>or and la
wonder that a census has not been taken by the
authorities there, furnishing more definite data than we now
have on the general subject of acreage and production. Judging
from the Texas cotton crop of this year, after the pull-backs It
duction of
all crops,
We
one cannot but incline to the opinion that the area
even now understated. When we revised our acreage
figures in 1876, we found less official Information in Texas to help
According to the best estius than in any other Southern State.
mate wo can make, there is an increase this year bf from 6 to 10
per cent, and we rather incline to the latter figure, but put the
average at 8 per cent. There never was a season since our record
began when the condition of the crop was so promising as it was
on the first of June. In the lower half of the State it was unprecedentedly early, blooms and bolls being abundant at that time.
Since then there has been too much rain; but if the weather turns
warm and dry now, we may look for very early cotton and an
suffered,
planted
is
excellent yield in the State.
—
Arkansas. There is but little, if any, change in the acreage
under cultivation throughout the southern half of Arkansas, as
compared with last year. The same can be said of the northThe western central portion, and
eastern quarter of the State.
the northwestern quarter, and along the Arkansas Uiver Valley,
from Little Kock northward, is constantly increasing its acreage
and population, and a general spirit of thriftiness and enterprise
appears to pervade the entire people of that section. We average
the increase for the State at three per cent. The condition of the
crop, taken as a whole, is from fair to excellent, though all sec-'
have had more rain than needed, and many localities are
want of sunshine and dry weather. This is generally the case through the entire northern half of the State, and
In
particularly in the extreme northeast and northwest points.
'the latter the wheat has been greatly damaged by continued rains
and dampness, since cutting. The northeastern portion produces
much grain, but its chief resource is cotton. This would
prove a very full crop if it could only receive the work
now needed the grass and weeds, however, are reported as
becoming troublesome. The southern half of the State can be
reported upon quite favorably. Good stands are universal, and
the crop generally is much advanced in comparison with 1877
three weeks at least and the general condition is good, though.
in some counties— only a few, however— too much rain has fallen.
tions
suffering for
;
—
Taken
as a whole, the general prospects of crops for the season
are very flattering, and never before raised with so small an out-
At present, some apprehensions are being had by
upon the Arkansas River, owing to fears of an overflow.
Tennessee. The principal cotton counties in this State show
In however
in the average no very material change in acreage.
the sections where comparatively little cotton is ever raised, still
Taking the State tog-ether, then,
less has been put in this year.
lay of cash.
planters
—
there may be a slight decrease, but it is less than one per cent,
and we therefore leave the figures unchanged. The stand and
condition are reported excellent, very
and fully ten days
earlier than
last
many
saying never.better,
Increasing thrift is
year.
among producers, and, without doubt, this crop, if the
good, will cost the planter less per pound than any pre-
observable
yield
is
vious one.
CONCLUSIOire.
From
first
the foregoing
—That
we
reach the following results
the tendency this year
is
:
towards an
in-
creased acreage, due generally to the neces-sities of the
times, with, in some of the States, other inducements added.
Under such circumstances
it
is
especially difficult, as
we
measure the increase with exactness,
but we have endeavored to understate it in every case and
This is our usual custom. We fear,
believe we have.
said in opening, to
however, that last year
tion
that
;
is
to say,
we
erred too gi-eatly in that direc-
judging from the
acreage must have been
much
yield, the increased
larger for that year than
This is explained further on. We now give
estimated.
in any event small we leave the figures the
The stand the first of this month was excel- the following as the basis for this year's calculations as to
and the crop two weeks earlier than last year and very yield
increa.«e
same
some counties there is very decided progress in
and on the average for the State probably some
in
;
but as
.
it is
as last year.
:
,
THE CHRONJCLE.
640
Actual
Acreage, '77.
States.
North Carolina
Soutli Carolina
Estimated Acreage for 1878.
Increase.
577,220
893,760
.
.
Georgia
Florida
2 per
5 per
5 per
Decrease.
Acres, '78
588,704
938,448
ct.
ct.
1,612,620
ct.
220,500 unclianged. unchanged,
1,981,350
4 per ct.
1,995,700
4 i)er ct.
1,285,250 unchanged. unchanged,
1,444,300
8 per ct.
1,089,000
3 per ct.
Alabama
Mississippi
liOiialaua
Texas
Arkansas
Tennessee
1,693,251
725.200 unchanged. unchanged.
Total
11,824,900
3 75 perct.
12,269,121
This shows an average increase in acreage for the whole
South of 3-75 per cent. The acreage and production of
each State for the previous three years have been as
follows:
1876-77.
1875-76.
Product'u
Total
Acreage.
States.
607,600
931,000
N. Car.
8.
Car.
Qa....
Fla.
1,581,000
220,500
1,887,000
1,919,000
1,212,500
1,313,000
1,089,000
.
.
Ala.-..
Miss.
La.. ..
Texas.
Ark...
Tenn..
.
740,000
1874-75.
Product'n
Total
Acreage.
Total
Product'u
Total
Acreage.
Total
nessee, favorable.
1874
Total
Bales.
Bales.
Bales.
225,000
620,000
315,000
950,000
478,000 1,700,000
55,000
225,000
560,000 1,850,000
639,000 1,900,000
578,000 1,2.50,000
735,000 1,300,000
590,000 1,100,000
310,000
740,000
260,000
.591,000
330,000
806,000
420.000 1,650,000
60,000
220,000
600,000 1,800,000
070,000 1,880,000
650,000 1,150,000
690,000 1,175,000
050,000
950,000
339,000
700,000
273,000
360,000
400,000
55,000
520,000
550,000
520,000
535,000
400,000
160,000
half of
mouth but planting
;
sippi Valley
and
its
in the flooded district of the Missistributaries not completed till after June 1.
1875 Ajml, like March, was all of it too cold, especially the first
week
otherwise the month favorable, the temperature gradually moderating. Mat/ continued cold the first two weeks, but subsequently
was warmer and otherwise very favorable. June, fine growing
weather nearly everywhere.
1870 Ai>ril, cxccs.sivc rains in the Western and Gulf States early part
of
month, eatising rivers to overflow, but they quickly receded in
good part; last twenty days generally favorable. May very
favorable almost cverjwhcrc, except heavy local showers at few
point.-i; fields well worked.
./»ac, some very heavy showers, but
almost wholly confined to the counties near the Atlantic coast;
elsewhere favorable.
1877 April opened with seasonable weather, but after the first week
heavy rains flooded lowlands, and suspension of planting wai
reported in portions of nearly all the States; later conditions
favorable, but temperature low. May, first half too rainy, but
balance of month decidedly more favorable, so that crop generally well cleaned. June showery, with very heavy rains at
some places; in most cases quite local, however. Arkansas overflowed first of month.
1878 April,
like March, was satisfactory for getting in the crop and
securing a good start. May was also generally extremely favorable, so that the plant made splendid progress; more rain than
needed was reported at a few points, but the general condition at
close of montli was excellent. June, too much rain in parts of
all the States, but especially in the Southwest; otherAstiso generally favorable but the latest reports show little damage done
anywhere that diy weather cannot repair, and the later weather
decidedly improved.
;
11,500,600 4,485,000 11,635,000 4,669,000 10,982,000 3,833,000
Total.
March, w.as very rainy. All rivers overflowed. Worst
30 years. May, a severe drought in almost all the South,
except Atlantic States. June, more favorable, especially last
J.]>rU, like
flood for
2,060,604
2,075,590
1,285,250
1,.559,844
[Vol XXVI,
1873 April cold and dry. Ifai/, first two weeks favorable
CTcrywliore,
but last two weeks rainy, more especially In coast halt of
States. June, too rainy in about same half of the Atlantic and
Gulf States, but upper half, and almost all of Arkansas and Ten-
220,500
1,121,670
725,200
With such early conditions, the
The yield per acre each year since 1809-70 are below.
may be briefly stated as follows:
Of course, the figures of this season cannot be known until
September; but those given are useful as a guide
to crop
estimates:
Year.
July to Sept.
Stand.
strong.
STATES.
North Carolina.
South Carolina.
Georgia
,
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Tennessee
,
Total
Second.
—As
of the plant,
said
ia
crop
is
it
in
our
00
00
00
00
00
CO
203
183
176
136
139
171
227
190
140
101
122
155
146
181
140
159
171
223
170
152
173
180
172
240
195
200
213
204
160
115
140
154
134
203
157
198
184
177
147
191
158
163
148
133
109
130
146
209
246
238
184
185
153
109
117
143
155
229
234
260
202
110
127
129
199
200
185
100
194
177
129
105
140
156
204
220
194
188
171
177
154
169
122
165
151
167
226
231
to
condition
cultivation,
little
analysis
States.
of
the
to
Evidently
early
receipts of
new
Years' Results.
cotton will
10 to 18.
31'66 per cent.
grassy ev- but drought Piekiugclosed Nov. Decreased
acreage
erywhere. very harmful. 15 to Dec. 10.
10-75 per cent.
Drought
at Favorable.
points Killing frost Oct.
and stroug some
and excessive 14 & Nov. 13 to 18.
Yield, 3,930,500.
Inereased crop
3213 per cent.
almost ev- rains at otljei-s. Picking closed Doc. Increased
acreage
erywhere. Shedding, &a.
15 to 31.
975 per cent.
rain Favorable weather Yield, 4,170,000.
coast. Killing frost Oct Increased crop
Caterpillars in 28 to Nov. 20.
6-09 per cent.
Ala. and Ga. Piekiugclosed Dec. Increased acreage
Sliedd'g badly. 1 to 31.
10-59 per cent.
and on the
one- third
and
poor
grassy.
Verj- Irregu- Great drought Favorable weather Yield, 3,833,000.
lar and im- in Tennessee, Killing frost Oct
Decreased crop
perfect,but Arkansas, &c., 13 to 31.
8-08 per cent.
clean and with high tem- Picking closed be- Increased acreage
well culti- perjiture.
1-54 per cent.
fore Dec. 10.
vated.
stand excel- Aug. to
leut and rains
1875.
Dec, Excessive
Yield, 4,009,000.
rain.
very Killius frost Oct. Increased crop
at 12 tfi Dec. 18.
21-Sl per cent.
erywhere many points. Pioliing closed Dee. Increased acreage
never bet- Shcdd'g badly. 15 to 31.
595 i>or cent.
clean
ev-
excessive
;
ter.
be large.
Stand good Caterpillars
in
September "a remarkably full movement. Before the late
rains the plant was almost everywhere strong and healthy,
and the fields clean and well cultivated now, in a considerable section, there is work to be done, but the changed
13-90 per cent.
5 to 25.
Sickly ,weak Raiuf'l general Favorable weather Yield, 2,974.000.
and very ly an average Killing frost Nov. Decreased crop
good
far
the
Oct. to Dec.
Two -thirds Too much
1873.
the
We expect to see a good movement even in August and
shedding.
Good, clean
1873.
and maturity
what we have
more forward than last year, and much of
advance of any crop for many years.
"Without
doubt
1871.
1874.
we can add but
history of each year
Stand excel- Favorable aiul Favorablt' weather Yield, 4,352,000.
Increased crop
lent, very complaints Jvilliiig frosts from
1870. cleau and few, except Oct. 20 to Nov. 20. 37'94 per cent.
PickingclosedDeo. Increased acreage
Pounds per Acre.
cc
and cleau; Alabama..
not
1876.
quite
in
Favorable.
Jlis- Kil ling frost
to 8, except
and
Yield, 4,485,000.
Oct
1
m At-
Decreased crop
„ „
.
3-91 per cent.
as perfect, Tex. Drouglit lautic States.
though, as in Northern Picking closed Deo. Decreased acreage
year pre- Texas.
lot" 25.
1-16 per cent.
vious.
sis.sipi>i
;
weather,
if
it
continues for a time, will permit speedy
recovery and give us an unusual promise.
For the sake
of comparing the early conditions with previous years, we
have prepared the following epitome of tlie weather
Stand good Weather favor- Oct., Nov. ii Doe., Yield, »4,750,000
able and sum- unusually sevei-c
but unusu- mer growth
rains in Western Inereased crop
ally late; fairly satisfac- and Southwestern
5-58 per cent.
1877.
tory; crop Sept. States.
fields clean
1
in
good Killing frost Nov. Increased acroivgo
and
well
cultivated.
condition,
late.
but
12.
Piekiugclosed Dec.
2-8 per cent.
25.
:
1871
was more favorable than the last halt of March, the whole
March being cold and rainy. May very cold and rainy, except
Texas, wliere there was very little rain. Jtme very rainy every-
Ai>ril
of
where, except a portion of the
interior.
187« April very favorable, except the second week, when there was a
severe storm, making the rivers overflow. May.tivst thiec weeks'
too dry, but the last week splendid showei-s everywhere. June,
fine
month
for growtli
f laints of too much
and cultivation.
rain.
Tlio last
;
week some eom-
*
E,stimited.
The foregoing will be of increasing interest as the season
advances. But the facts thus far developed are an increased
acreage of 3-75 per cent; the stand as near perfect as any
the crop unusually early and promisyear in our record
—
;
ing.
we
With
shall all
these conditions as the basis of our calculation,
know how
to apply
subsequent reports and
;
.
June
20, 1878.
THE CHRONICLE
|
changes of weather. But to assist tho reader in making
tho comparison, we add a fuller record than in the above
tabic of tho weather from July to Decern Iwr during pre-
641
and beavy ralnit. ffovember, Rtormit and min oontlniicd rroqaent
and aevero flrat half o( montb *abw(|uvDt weather mora aeoaonnUIo. December, weather aooaonablo and more favorable than
|
;
I
*
the average.
To convey an idea of the extent of
part of 1877, wo give the following
vious years.
the rainfall tho latter
Had we
statement.
1871 July, weather npiiarontly very favotablo. AiigusI, also very favorleft out from this table August, the record against 1877
able, with limited exceptions, yet plant Hlie<I(lln){ bndly overySeptember to December, weather favnniblo but plant would have been much more marked, for August 1875
wlicro.
sheds and little fruit ripened. Silliita frosl November 16 and
mo nin.
was an unusuauy ra
18. Picking closed about November 15 to December 10.
kainfamj by sections--AtlffUtt lo December, tneluiire. (flte m onUm.
1872 /n/y, too rainy in about ornvthird the South. Alabanui rivers
overflow rest favorable. August, di-ought complained of In all
1875.
1876.
1874.
1872.
1873.
1877.
ST.VTIONg.
but a portion of Atlantic States, where there was too much rain
20-37
16-83 22-41
33-38
27-65
bad shedding reported in extensive districts. Septemlier, unfav- Noi-folh, Va
Tnohos. 24-28
17-17 32-31
48-31
19-37 28-05 20-35
"
October WllmliiKton, N.C.
orable reports continued, but weather fairly favorable.
•20-62
15-20
37-88
24-62
33-21
"
25-76
H.
Clmrlcston,
C.
lo December, teXr\y taxorahlo; horse disease delays crop. Kitting Savaniiuh, G»...
24-62
26-90
24-40 19-99 20-35
"
15-8il
November
TcnneBsee,
till
except
in
everywhere,
delayed
was
frotl
93-81 108-90 78-15 70-73 115-18 132-27
"
Total
13th to 18th. Picking closed from December 15 to 31, though at
18-11
23-60
14-17 18-57 20-00 16-17
"
Au^gta, Ga
some points earlier.
14-92
15-44
14-27 17-46 19-15
1504
"
Atlanta, Ga
18-50
21-14 24-24
17-16
1873 July quite favorable. August, too much rain on the coast at ColunihuH, Ga
16-22
18-04
17-90
18-87
"
Charleston, Mobile, New Orleans and Galveston, elsewhere Macon, Ga
74-55
29-01
32-84 76-64 77-46 67-87
"
Total
fairly satl.sfactory catcrpillai-s did ii^ury In Central Georgia and
15-96 26-47 12-54 25-98 26-20 •34-21
"
lower half Alabama shoddins baily in some districts. Septem- Mobile, Ala
18-80
36-44
21-12 13-42 30-53
21-71
New Orleans, La "
ber, except on the very coast, no more rain than desirable.
19-93
45-14
20-17 29-11 21-65 41-67
"
Galveston, Tex..
24-32
17-99
26-77
23-48
22-18
October to December fairly favorable. Killing froal in the Gulf Indiiuiola, Tex...
13-24
"
the
Atlantic
and
in
82-98
States
October
28
and
29,
69-79
122-50
142-66
Western
71-08
100-18
and
"
Total
States November 5 and 20. Picking closed from December 1 to MontRonici-y, Ala
15-01
16-29 13-27 11-35 23-89
1619
"
26-94
15-67 31-12 13-63
15-14 21-33
"
Shrcvepoi-t, La..
31, though at a few points earlier.
17-20 29-40 14-80
"
1874 July fairly favorable, except severe local storms on the coa«t Fayette, Mis.s. ...
'24-97
15-08
14-22 30-32
"
i2-43
VieksburK, Miss.
1 i'5-"2"i
and drongbt in Memphis district. August, Memphis drought Cohiinbus, Miss..
31-03 16-36
33-52
'*
13-56
29-35
"
continued and extended until taking in all Tennessee, Arkansas, T/ittIc Koek, Ark.
14-09
19-59
12-46
18-73
id-Yg
"
i9-58
northern portions of Louisiana, .\labama, Mississippi and Texas; Nashville, Tenn..
22-85
15-40
23-32
17-00
12-53
21-06
"
Tenn..
Memphis,
shedding very profuse. September, fine rains everywhere and Corelcana, Tex..
18-91
9-00
22-16
"
weather favorable. October, killing frost at Memphis and Nash71-63 86-82 95-02 203-71 128-43 196-04
"
Total
ville October 13 and 14, and almost everywhere else at close of
Killing
^or«»i!icr
and
Defemftcifavorable.
genermontb.
frost
The possibilities of the crop can be easily deThird.
ally November 1. Picking closed generally before December 10.
For previous years the annual total of acres
termined.
my
:
-
;
;
'
—
1875
though rains were more abundant at some
points than needed. August, rains very excessive at many points,
and Mississippi overflowed at Memphis; shedding, &c., widely
and strongly complained of. Septcml>er, less rain, except in
Texas (mainly the coast) and pai-ts of Alabama and Georgia.
Octofier to Deccinfier—Excessive rains in November and December in Mississippi Valley and Gull States, and the weather turned
quite cold in December. Kilting frosl at Memphis and Nashville
October 12, and elsewhere from November 10 to December 18
Picking closed from about December 15 to 31
1876 Jitly fairly favorable, though the i-ains in consider.able sections
were more abnndant than needed. August, caterpillars reported
to have done great harm in lower third of Texas, parts of Alabama and Mississippi, and rains excessive in some sections,
though not in the Alabama and Mississippi caterpillar districts.
Septem6«', caterpillars did great hai-m In Texas; severe drought
In northern part of Texas excessive rains on the Atlantic coast;
/iiJy fairly favorable,
planted and the yield per acre and total yield
briefly as follows
i
planted.
Is,
Bales
Net
in the
wel^t
per
crop.
bale.*
Si
1869-70
1870-71
1871-72
1872-73
1873-74
1874-75
1875-76
1876-77
1877-78
;
otherwise favorable. October, killing frost In Mississippi Valley
October 2d di-ought in Northern Tcxtis continued othei-wlse
favorable. Notember, quite favorable, except closed cold. December, cold. Killing frosl in the West and Southwest from
October 1 to 8, elsewhere November 8 and 10. Pic&titf^ closed
from December 10th to 25th.
1877 July generally very favorable for development of crop, though
temperature was low. Texas coast counties west of Colorado
River reported gi-eat Injury from caterpillars. August very
favorable with few exceptions ; coast of North Carolina and in
Memphis too much rain; In i>arts of Atlantic and Gulf States,
especially north of Texas, reports of harm from drought shedding and i-nst widely complained of. Caterpillars doing harm all
through the lower third of Texas. September weather, though
considerable rain fell, was fairly favorable for maturing and
gathering crop, except third week, when there was a very severe
storm In Gulf States also more rain in North and South Carolina
than desirable. October, first half generally favorable for picking,
Ac., except tornado on the 7th in northern and northeastern sections of Texas. Balance of month remarkable for severe storms
;
Crop
poimds net.
Acres
YEARS.
may be stated
:
8,766,653
9,985,000
8,911,000
9,780,000
10,816,000
10,982,000
11,635,000
11,500,600
11,824,960
1,369,200,000
1,906,300,000
1,305,700,000
1,729,400,000
1,830,800,000
1,682,700,000
2,035,800,000
1,945,600,000
2,080,500,000
158
191
147
177
169
154
177
171
181
434
3,154,946
4,352,317
2,974,351
3,930,508
4,170,388
3,832,991
4,669,288
4,485,423
(4,750,000
438
439
440
439
439
436
436
438
'These are the net weights of American cotton Imports Into Llverannual circular.
:
'
IMol, according to the Liverpool Cotton Brokers'
t
Estimated.
This statenieut, taken in connection with the unfavorable
growth (especially its late maturity,
Texas and very stormy and rainy fall), would
tend to show that the acreage planted in 1877 was underestimated
for it does not seem possible that with such
conditions the yield per acre should have been larger than
Of course, however, if
that of any season since 1870-71.
last year's planting was underestimated, this year's, which
features of last year's
catei-pillars in
;
;
is
;
based upon
it,
must
also
be
;
and
in
making
calculations
as to this year's crop allowance will have to be
made
for
that fact.
RAINFALL AND TEMPEKATURK FROM JANUARY TO JUNE.
In confirmation of the conclusions reached above with regard to the present condition of this year's cotton crop, we
give in the following comparative table tho rainfall, number days of rain, highest, lowest and average thermometer, for
each of the
last five
from the Signal
spondents for
months for four
Bureau in
.Service
;
years.
all
These figures are
in all cases,
whore the Grovernment has a station, obtained
own instruments kept by our corre.
other cases, they are the records of our
us.
JANUABY.
FEBRUARY.
MARCH.
MAY.
APRIL.
stations.
1878. 1877. 1876. 1875. 1878. 1877. 1876. 1875. 1978. 1877. 1876. 1875.
1878. 1877. 1876. 1876. 1878. 1877. 1876. 1875
6-02
Norfolk—
Rainfall-Inches
3-85
1-37
2-06
1-47
12
36-2
29-0
44-2
5
66-0
27-0
43-0
5-89
Number days of rain.. 16
14
7
18
Thermometei^— HIgh'st 62-0 730 75-0 54-0
Lowest 180 16-0 21-0 14-0
"
Av'ngc. 40-4
39-0
Wll.MlNOTON—
Rainfall-Inches
1
7-52
Number days nf rain.. 13
Thermometer— Hlgh'st 67-0
"
"
47-7
Lowest. 21-0
AT'age. 46-1
700
1
3-90
11
73-0
19-0
45-0
I
2-95
1-21
4-85
10
9
78-0
30-0
16
76-0
9-0
37-9
1
0-52
5-52
4-57
1-65
304
1-97
10
6
18
8
6
10
9
78-0
76-0 70-0
20-0 21-0
16-1
51-9143-3
190
46-5
809
710
77-0
31-0 »43-0
51-2 48-1
24-0' 16-0
51-1 45-9
4-52
6
12
84-0
34-0 f.SO-O
59-3 53-4
2-33
4-54
11
75-0
22-0
52-6
2-24
2-72
6-01
9-98
14
17
14
12
16
13
740
86-0
42-0
830
80-0
550
89-0
44-0
86-2
96-0
43-0
«o-i
83-5
37-0
55-3
4-55
2-41
6-61
2-82
3-92
4-80
2-36
19
75-0
7
11
S
87-0
SS-O
60-8
10
10
89-0
28-0
26-0
46-7
38-0
28-0
54-4
87-0
40-0 t49-0
63-6 60-1
1
270
52-2
11
1
.58-5
631
95-0
43-0 t47-d
68-9 64-5
2-20
4-42
11
89-0
38-0
68-7
2-84
4-50
19
1
2-.37
t.57-0
53-8
77-0
29-5
47-4
4-10
9
73-0
8
98-0
4S-0
60-2
2-84
3-44
1
9
8
93-0
38-0
67-3
90H>
43«
1
68-4
1
.....
THE CHRONICLE.
642
JANUARY.
FEBRUARY.
IVoL.
MARCH.
APKIL.
XXVI.
MAY.
station.'.
1878.jl877. 1876.'l875. 1878. 1877. 1876. 1875. 1878. 1877. 1876. 1875. 1878. 1877. 1876. 1875. 1878. 1877. 1876. 1875
1
'
Chakleston-
1
7-83
Ealafall— IncLis
Number days of rain.. 15
Thermometer— Higli'et 69-0
"
Lowest. 30-0
"
At 'age. 50-4
4-44
11
0-63
7-77
3-15
2-96
2-43
7
18
12
8
6
710 760 670
26-0 28-0 300
51-2
55-4
47-3
4-76
1-20
6-77
4-27
52-2
51-7
54-6
2-24
4-30
7
73-0
32-0
49-5
2-98
2-17
5-37
9
74-0
16-0
51-0
1-94
8
7-86
73-0
28-0
49-2
830
410
74-0
32-0
56-8
5-17
9
78-0
22-0
46-9
0-75
7
85-0
33-0
10
700 78-0
320 350 310
67'0
62-4
12
2-54
11
6-37
7(>()
730
350
908
28-0
56-6
15-00 4-93
12
9
85-0 83-0
43-0 460
67-3 630 64-3
4-56
2-37
4-71
10
16
57-1
6-32
8
94-0
10
840
460
820
3-77
8-51
9
10
10
88-0
47-0
71-4
86-0
50-0
71-7
3-63 1-18
9
8
100-0 940
52-0 42-0
75-3 70-2
12
6
95-0
43-0
72-1
910
5-00
1-84
5
92-0
530
39-0
60-8
2-71
90-0
50-0
68-8
74-1
AUGCSTA—
4-19
Rainfall— Inches
Number days of rain.
13
15
6
17
Thermometer— nigh'st 71-0 780 78-0 68-0
"
Lowest. 24-0
Av'age. 45-6
"
20-0
48-4
22-0
53-6
26-0
44-9
4-45
13
3-32
5-60
11
I
10
71-0
29-0
49-8
12
78-0
250
.52-3
5-98
11
2-96 11-88
10
790
15
8
15
81-0
25-0
54-8
76-0
33-0
55-4
89-0
45-0
67-3
85-0
42-0
64-1
4-72
8
85-0
42-0
63-9
5-91 10-27
11-0
6
74-0 76-0
32-0
220
55-0 56-0
3-15
8-14
6-01
2-71
31-0
620 560
5-63
10
83-0
35-0
609
1-97
1-10
49
73-0
Atlanta—
Rainfall- Inches
Numl)er days of rain
5-97
8
.
6
Thermometer—
High'st 62-0 65-0 71-0 630
"
Lowest 18-0 10-0 20-0 11-0
Av'age
530 56-0 44-0
''
3-00
9
59-0
25-0
4
66-0
310
56
6-92
5-35
7
670
7o'o
24-0
56-0
14-0
460
4-79
6
13
7
7
2-25
3
SO-0
42-0
66-0
78-0
940
64-6
80-0
46-0
67-0
65-0
6-88
600
8-82
5-74
12
7
88-0
14
9
81-0
85-0
390
470 42
86-0
46-0
66-7
5-11
8
84-0
40-0
63-5
98-0
56-0
76-9
940
900
48-0
.54-0
3-28
5
93-0
65-0
75-0
1-00
2
92-0
49-(> 460
720 730 760
1-86
9-08
95-6
54-0
76-0
94-0
52-0
74-9
320
72-3
0-95
6
88-0
46-0
76-0
86-0
46-0
75-0
1-11
204
2-25 13-20
10
.50-0
770
Savannah—
Eainfall— Inches
"
2-63
2-99
Number days of rain..
Thermometer— High'st
13
10
74-0
78-0
27-0
Lowest 260
Av'age 51-2 54-1
"
2-39
6
78-0
27-0
56-8
8-84
17
74-0
33-0
49-7
2-25
11
75-0
31-0
53-9
1-71
7
72-0
35-0
52-5
3-50
2-21
9
80-0
1-47
8
9
4-25
12
290 300
840 79
38-0 310
56-5
63-9
80-0
50-7
9
80-0
30-0
58-7
58-5
59-2
1
69-4
65-1
4-62
8
80-0
46-0
68-0
7-96
8
80-0
46-0
65-0
7
9
94-0
50-0
70-0- 74-0
8
12
72-9
Columbus, Ga.—
Rainfall —Inches
6-80
5-80
4-63
Number days of rain
6
8
4
Thermometer—
High'st 63-0 71-0 700
"
19
3-50
6
73-0
3-99
8
270
500
37-0
49-0
25-0
52-0
75-0
36-0
47-0
0-61
4-48
5-32
330
SO-O
so'-o
300
740
Av'agcl 53-3
59-0
40-0
56-4
2-14
9-75
9
760
18
75-0
27-0
55-9
340
Lowest 25-0 18-0
Av'age 45-0 46-0
"
5-88
<!5-0
2-42
5
73-0
22-0
52-0
5-57
8
62-0
1-75 10-17 7-90 14-44
220
49-0
2
78
700
34-0
64-0
35-0
55-0
7
12
76-0
32-0
57-0
9
78-0
26-0
500
919
3-47
8
80-0
7
4-45
7
88-0
3-68
5
96-0
56-0
82-0
44-0
64-0
62
7-89
2-98
86-6
440
71-3
88-6
47-0
68-8
66-6
1-52
8
98-5
55-0
78-2
7-31
7-65
.5-1
5-98
2-41
1-58
3-25
12
78-0
36-0
61-5
6
5
6
84-0
47-0
68-2
860
80-0
37-0
62-6
9
94-0
6
92-0
47-0
92-0
53-0
73-6
73-,
400
Jacksonville—
Rainfall— Inches
Number days of rain..
314
5
**
Saint
Lowest
305
8-93
1-80
32-0
56-7
82-6
32-0
65-4
2-27
8
86-0
39-0
6S-4
5-41
83-6
36-0
60-2
82-6
31-0
60-9
85-6
39-0
3-07
8
71-0
29-0
52-6
1-41
3-32
^8-65
15
77-0
30-0
56-7
12
8
77-0
28-0
53-1
82-0
34-0
61-9
8-63
8
77-0
32-0
10
Thermometer— High'st 74-0
5-38
8
87-0
50
640
Marks—
Rainfall- Inches
2-95
'Numl)er days of rain.. 10
Thermometer— High'st 68
"
Lowest 29-0
"
470
Av'age
55-9
5(i-9
1
MONTGOMEKY—
6-67
3-70
9
77-0
27-0
54-8
21
7
16
8
74-5
18-0
47-2
73-0
29-0
50-2
2-68
K
68-0
31-5
52-3
12
74-0
16-0
49-5
78-0
24-0
54-5
78-5
22-0
49-6
83-5
37-5
63-1
4-.57
6-30
3-14
5-79
16
6
12
3-40
8
70-0
30-0
52-3
1-40
5
72-0
35-0
53-4
4-32 7-15
11
9
75-0 74-0
28-0 280
55-3 50-9
4-33
8
8-20 13-85
16
9
4-63 4-94 11-32 10-84
10
11
15
7
82-0
79-0 79-0
46-0 t380 36-5 38-0
66-4 60-7 59-9 63-5
15
Lowest 25-5
Av'age 46-4
"
53-0
73-8
9
I
Rainfall— Inches
5-39
Number days of rain.. 13
Thermometer— High'st 705
"
43-0
65-6
6-71
2-59
5-07
7-86
2-64
7-33 11-56
7-17
9
76-0
27-0
55-3
5-91 10-36 10-99 3-54
9
16
9
9
78-5
34-5
57'4
8
88-0
45-5
67-8
16
77-0
2H-0
54-6
82-0
46-5
64-4
89-0
8G-0
450 39
65-4
62-6
4-06
7
94-0
52-0
74-6
8-39
4-09
8-40
3-88
7-51
4-90
10
6
77-0
41-0
63-2
98-0
55-5
75-3
805
8-11
0-82
6-55
1-67
3
14
7
940
480
98-0
72-0
92-5
46-5
73-5
T68
4-33
3
94-0
51-0
72-8
89-0
48-0
510
74-5
Mobile—
Rainfall— luches
Number days of rain..
Thermometer— Higli'st 72-0 70-0 720 720
"
Lowest 28-0 190 32
25-0
Av'age 48-4 501 56-6 49-8
"
5-94
8-01
9
9
9
13
10
83-0
42-0
64-5
76-0
33-0
76-0
31-0
55-8
78-0
8G-D
50-0
69-7
49-0
65-9
1-51
4-79
6
14
57-5
370
60-2
11
83
82-0
42-0
66-2
*'
6
700
1-46
5
910
560
75-3
New Okleans—
Rainfall— Inches
5-36
Number days of rain.. 8
5-30
16
Thermometer— High'st 73-0
"
"
Lowest 33-0 149-5
Av'age 51-0 53-7
4-43
8-44
3-50
0-98
7
22
6
75-0
28-5
54-2
720
8
77-0
38-5
60-3
37-0
55-5
t36'-6
2-70
6
3-10
700
70-0
28-0
49-3
78-0
24-0
220
53-1
48-5
701
5-24
13
73-0
31-0
51-8
5-18
8
77-0
24-0
55-4
5
85-0
43-0
55-9
770
78-0
36-0
59-0
32-5
55-9
840
50-0 t25'6
71-5 68-6
6-41
8
82-5
53-5
8
79-5
49-5
65-3
691
7-10
15
86-0
2-53
1-48
9
8
89-0
60-0 t36'6
75-5 73-5
74-8
88-5
65-0
76-2
5-80
3-90
540
8
Fayette, Miss—
Rainfall— Inches
Number days of rain
.
3-40
5-10
4-00
510
7
14
4
8
Thermometer— High'st 70-0 710 76-0 72-0
"
Lowest 22-0 17-0 28-0 130
"
Av'age 44-1
VICKSBUKG —
4-10
11
Thermometer— High'st 71-0
"
Lowest 24-0
"
Av'age 47-7
.
6-40 12-10
8
8
73-0
5-06
4
81-0
38-0
62-1
7-20 12-50 6-10
8
10
9
77-0 77-0 80-0
31-0 26-0 32-0
56-5 53-5 .57-1
44-3
53-2
43-3
27-0
48-3
3-61
3-81
5-48
2-49
3-26
18
73-0
6
16
12
79-0
28-0
56-1
75-0
10-0
42-9
8
71-0
32-0
2-84
7-26
3-93
2-67
2-48
2-68
4
14
20
7
71-0
28-0
50-4
8
14
7
12
72-0
35-0
52-0
80-0
24-0
55-0
78-0
87-0
45-0
64-5
83-0
31
3-48
4-95
10
12
1
Rainfall— Inches
Number da vs of rain
6
1
1
(
16-0
45-6
51-3
1
760
21-0
50-0
,
7-90 10-30 5-10
4
9
5
84-0 800 82-0
44-0 46-0 450
66-2 62-4 64-2
4-30
9
4-20
7
4
10
7
800
88-0
40-0
59-1
520
85-0
47-0
70-2
90-0
47-0
69-6
88-0
54-0
70-1
7-13
8-88
0-69
16
79
5-07
8
83-0
4-57
10
6
4
2-50
691
1
651
4-83 11-21 14-51
14
12
17
79-0 81-0 78-0
29-0 27-0 33-0
57-2 54-2 58-4
86-0
49-0
68-9
5-70
3-87 11-67 4-94
5-64
4-89
10
470
85-0
47-0
64-1
660
5-42
5-83
6-24
1-69
12
11
89-5
49-0
72-8
940
430
930 95-0
490 460
61-8
73-9
72-9
7-04
9
91-0
53-0
73-9
93-0
47-0
74-0
9-47 0-91
12
5
90-0 10147-0 48-0
730 75-0
4-94
51-0
74-6
Shkeveport—
Rainfall— Inches
5-29
Number days of rain.. 8
Thermometer— High'st 67-0 72-0 78-0 75-0
"
Lowest 25-0 190 300 13-0
''
440
54-0
41-0
Rainfall —Inches
3-34 4-05
13
12
60-0 66-0
Lowest 7-0 —7-0
Av'age 38-8 37-0
5-16
6-15
Number davs of rain.
Thermometer— High'st
10
15
12
73-0
600
670
33-7
25-0
43-4
45
9-40
8
74-0
2-08
2-10
250
510
22-0
51-0
Av'age 46-6
2-67
220
50-0
16
7
16
10
3-46
11
890
88-0
44-0
69-0
83-0
48-0
65-0
88-0
470
900
67-0
39-0
63-0
6-88
9-47
2-86
4-25
140
8-14
15
74-0
24-0
46-6
49-1
63-3
14
79
26-0
580 540
27-0
57-0
1-24
8
Nashville—
"
"
Little Rock—
2-72
Rainfall— Inches
Number days of niin.. 5
Thermometer - High'st 82-0
"
I>itwcst
3-0
"
Av'age
460
200
6
82-0
8-0
1
45-0
170 —2-0
47-3
2-11
1-06
5
66-0
25-0
2-32
5
3-06
73-0
75-0
9-0
9-0
4C-2
38-2
12
78-0
31-0 156-6
56-2 47-4
6-23
1-61
4-46
5-70
11
76-0
1
2-33
1-25
16
14
9
13
16
5
83-0
800
390
38-0
59-2
80-0
37-0
60-5
80-0
25-5
56-3
920
410
10-33 13-25 5-10
9-05
5
4
4
7
4
9
12
840
87-0
26-0
55-0
5B-0
42-0
49-0
83-0
80-0
21-0
56-0
63-0
53-0
51-0
82-0
40-0
64-0
....
360
600
3-34
3-80
13
10
75-0
17-0
48-6
72-0
130
800
380
40-2
59-7
4-79
8
2-94
10
3
740
350
600
74-0
35-0
55-3
80-0
52-0
66-2
1
1
154-0
69-2 67-3
7
73
54-0
60-0
8-09
4
10
89-0
40-0
68-3
70-3
4-70
8
6
7
74-0
88-0
48-0
910 75
45-0 690
690
68-0
71-0
3-66
1-81
8-49
4-21
14
8
9
12
91-0
44-0
68-6
590
63-0
1
....
!
Memphis—
()-7()
2-03
11
900
420
1
Rainfall— Inches
Number days of rain
.
4-11
4-31
7-65
12
17
6
7-45
5-08
1-54
16
11
690
300
9
67-0
30-0
45-4
46-1
3-88
1-12
5
68-0
40-0
56-2
Thermometer— High'st C2-0 69-0 730 680
"
7-0 23-0
Lowest 14-0
20
Av'age 40-8 39-3 47-9 341
1-33
4
4-24 11-03 8-60
17
14
19
79-0 78-0 79-0
230 18-0 260
50-0 47-4 50-6
11-93 13-90 4-51
6
14
17
830 80-0 85-0
44-0 400 44-0
65-2 59-3 63-2
3-48
10
81-0
350
57-7
910 920
88-0
48-0
70-9
46-0
71-3
44-0
3-90
11
1-80 10-27 1-50
4
5
8
91-0
91-0 89
62-0
59-0 54
74-8 761 77-0
705
Galveston—
Rainfall— Inches
Number days
of rain..
4-66
10
4.53
8
1-49
4-31
7
13
Thermometer— High'st 690 64-0 75-0 70-0
"
"
Lowest 34-0
Av'age 52-2
26-0
50-7
43-0
60-9
24-0
48-3
4
71-0
38-0
56-3
/
1-03
Range.
75
5-91
9
76-0
390 300
78-0
34-0
62-1
61-0
62-1
1-35
5
3-51
9
3-50
3
85-0
8-36
530
54
71-7
68-8
2-65
2-55
9
6
8
82-0
84-0
55-0
69-7
SO-0
48
890
650
65-9
76-7
.
1
.
THE CHRONICLE
JiTWK 29. 1;78.J
FEBRUARY.
JANUARY.
643
HARCn.
MAY.
APRIL.
Stntloiis.
1878 1877. 1876. 1876, 1878, 1877. 1876 1878. 1878, 1877. 1876, 1875, 1878. 1877. 1876. 1878. 1878. 1877. 1876. 1875
--
INDIANOI.A—
Rainfall— I110I108
Number days
of rain
3-71
0-91
7
9
.
730
Tliermoractci— nitfli'st
Lowest 33-0
Av'nge 53-0
*'
"
117
1-30
8
8
780 730
t3G-0 4a-o 170
190 61-5 460
303
1-58
1-80
2-23
6
7
9
8
0OB8IC.VSA—
106
4-41
RiilnfiiU— Inches ....
Nuinber ilay« of rain
9
Tl»ernioinct«r— Hlgli'st 710
"
Lowest 17-0
"
1-98
11
770 730
150 2fi() 30
400 32-2 36-8
•
Av'OKO 45-4
Dallas—
3-46
13
12
74
2-85
5
10
.5
684
1-84
0-70
9
5
10
870
520
1-02
6
6
800 800
410 370
128
63-6
62-9
63-4
1-52
4-81
3-61
2-33
7
12
9
11
870
410
551 49-5
Oil
51-3
5-86
67-9
760 72'0 7H<) 790
270 360 210 190
51-3
2'74
2-51
730 720 790 800
33-0
410 45-0 33
570 S70 600 56-4
HHO
250 240
Hl-0
t66-6
58-1
53-9
55-8
3-52
1-64
4
6
281
0-32
2
8-39
U
6
900
850 820
510 (210 510 320
730 701 69-4 66-4
2-92
11
601
3-96
5
14
900
420
t.vio
08-9
63-5
13-83
6-05
2-30
0-82
1-48
8
3
4
870 800
590
90-0
620
58-0
75-5
t20-0
8-3
77-7
76-3
4-75 4-50 203
9
12
12
9
930 950 950 930
500 470 430 430
73713 71-8 72-9
2-20
8
8-75
900 87-0
410 330
670 01-3
'
i
Rainfall— Inches
I
391
I
I
|
0-33
:
G-19
2-05
I
I
2-77
I
305
I
t
0-80
^on eta vgi ©ammc vc tat ^uqUbU |^c ws
LONDON AND ON LONDON
4-r I,ATRi«X
0«TBD.
LONDON-
lUC'UANtiB AT
JUNK
EXCHANGK ON LONDON.
14.
LATXST
DATS.
Paris
Paris
Berlin
short.
3
«.lUii23.->lK
months. ii.r,}4(i2i.i2S
iO.U 030.68
S»a.5i
iOM ®30.58
Jane
11.
short.
2-87
1-82
I
0-84
I
I
4-00
I
4-35
I
0-83
I
SS.liJ
mind the fact that Europe longs for peace. To Germany,
a necessity, owing to internal discontent to Italy, It is
call to
it
RA-rKI OF M ktJHAiVAB A.T
I
Range.
is
;
equally necessary, as Italy has
little
to gain,
and the sinews of
war are wanting; to Aus'.ro-Hungary, for the same reasons, it is
almost imperative, while to Russia, it' is certainly more than a
matter of expediency, as a protracted war with this country
would bring about an amount of financial disturbance, from
which she could scarcely recover this century. Her prospects of
gain would be remote, and the Czar and Prince Gortschakoff may
it judicious to be content with the acquisitions to which
Europe consents. The position of Russia is certainly by no
Antwerp
25. n«
means an enviable one but to my thinking, she has acted an
S5.33H(a-!5..37K
AmsttTJam.,
short.
12.10
unwise part in taking active measures in a matter which
Amsterdam. .. 3 months. u.oixaiaoiH
Jane 14. 3 mos.
Vieaua
11.9} (^!2 0l)
concerned Europe as much as, if not more than, herself. If the
Qenos,
87.50 @4;.65
Jane 14. short.
27.20
Naples
i}.to @«;.85
Turks were troublesome neighbors to Russia, they were equally
Madrid
3 mos
48! 80
47 7-16a4r 9-16 Jane 11.
so to Austria and Hungary, and probably a satisfactory result
Cadiz
47;t®48
Lisbon
might have been attained without bloodshed, had the Russian
New York....
Jane 14. 60 days.
4.65«
Government not amassed 800,000 men on the banks of the Pruth
Rio de Janeho.
23d.
May 24. 90 days.
Hay 18.
Pernambuco.
previously to the Conference, and had the Bulgarians been
Bombay
Jane ID.
U. S\d.
60 days.
Calcutta
Jane 10.
1». SHd.
1». 81.S-16<i.
persuaded to remain quiet, and not rise in revolt. With regard
Hong Kong...
Jane 10.
8». V.fid.
The
to France, M. Waddington's speech is clear npon the point.
Jane 10.
it. bHdShanghai
Jane 12. 3 mos.
Alexandria....
97%
li'rench Government desires that treaties shall be respected, but
is not unwilling that they shall be modified in accordance with
IFrom onr own correspondent.1
altered circumstances.
Hence, it sends a representative, whose
London, Saturdav, June 15, 1878.
mission will be entirely in favor of peace. As regards this
The CoogreBS hsa at lengtb assembled at BerliD, and, according country, it is well known that Lord Beaconsfield and the Marquis
to diplomatic usage. Prince Bismarck has been elected President. of Salisbury will adhere to the British Manifesto, not perhaps in
On Thursday, the first meeting was held, but it was only prelim- every particular, as a compromise on minor points may, in some
inary, the inauguration of the actual deliberations having been cases, be necessary.
But siill, the British Government perceive
Teserred for Monday next.
As the stock markets plainly indicate, that it is necessary that British and not Russian influence must
a very sanguine view is held witli regard to the result, but it is be paramount in European and Asiatic Turkey, and viewed in
etill to be borne in mind that there are weighty matters to be this light, our relations with the Porte may cause us some
considered and decided, and that Russia, after the heavy sacrifices diplomatic trouble for many years to come.
she has made in men and money, will not be content without
It is with much satisfaction I can mention that the strike in
some substantial gain. If what is published be true, it cannot be the cotton trade in Lancashire is about to terminate. During
thought that an independent Bulgaria north of the Balkans, even this week, several mills have been re-opened on the masters'
if it be under Russian infiueuce, and the acquisition of Kars and terms, viz., 10 per cent reduction, working full time, and as
Batoam, are worth the sacrifice of at least 100,000 men and the support afforded to the families of the men, either from the
£100,000,000 of money; but the people of Russia must thank Union."!, or from private charity, will be withdrawn from those
Oeneral Ignatieff and the military party for the policy which has who will not work, no al ernative will present itself-to the
The men will
entailed such losses, and from which there is no commensurate operatives but to return to their emiloyment.
gain.
Perhaps, however, the abrogation of the odious Treaties certainly find it necessary to produce freely and cheaply, in order
of 1856 and 1871, is thrown into the calculation.
Possibly, also to compete agains" foreign manufacturers, and they may set
the people of the Continent may begin to see more clearly how aside the notion that they can regulate the markets to their own
MM
Haxibori;
Frankfort
....
.
Jane
Jane
Juue
Jane
Jane
14.
short.
14.
3mos.
M.43
14.
14.
14.
short.
20.42
20.42
consider
;
.
'
necessary
diminish their armaments, and to throw off the
is making them poorer as the time advances.
A discussion of this sort may not be amongst the duties of the
Congress but if the Plenipotentiaries now assembled at Berlin
it is
to
military yoke which
;
are able to settle the Eastern Question upon something like a
satisfactory basis, a final discussion on the expediency of reduc-
liking.
The advice
a heavy sum, and
it
of their leading
applies to
most
men has
industries.
already cost
them
Professor Leone
Levi has addressed a letter to the operatives on the question
which concerns them so deeply. While sympathizing with the
operatives in their efforts to prevent a reduction of wages, he
pronounces absolutely against the wisdom o( a strike, and
demolishes the arguments by which the leaders have endeavored
to substitute short time for reduced wages. Short time, meaning
reduced production, would, as he points out, decrease, rather
than diminish, the existing depression of trade. This may be
considered as arising from two causes, the one being the depression, and consequently, the decrease in purchasing powers
The greatness of the German army no one disputes. The existing at present among consamsrs in all parts of the world ;
German Nation is undoubtedly, as proud of it and of its achieve- the seeond from foreign competition. Decreased production
ments, as the British Nation is proud of its fleet. But the cost is would mean increase in prices ; it would consequently place oar
a heavy one, not only on account of the actual outlay, but also products still farther beyond the reach of consumers, and would
because the best blood of the nation is to a very great extent increase to a still further extent the advantages posseased b/
unproductive. Adam Smith and John Stuart Mill say that foreign competitors.
Lowness of price Is the sole means which
soldiers and sailors are the most unproductive of unproductive can revive trade, and lowness of price is obtainable only by low
laborers, and this is the key to the increasing poverty of wages, and by getting the greatest possible amount of work oat
ing the
would be by no means
each Power has been in the
habit of excusing itself, and perhaps, there will be no end to the
existing state of things until the people have themselves enforced
it.
Poverty is a powerful incentive, and the increasing discontent
in Germany, is causing the German Government much anxiety.
military
inappropriate.
fprces
of
Europe
Unfortunately,
Were any real doubts to exist with regard to a pacific of the machinery— that is, by full work and long hours.
termination to the Congress they might be removed when we
There has been no material change In the state of the
Germany.
money
:
:
.
THE CHRONICLE
644
Owing to the settlement on the Stock Exchange, which
more than usually heavy. There has been an increased
demand for short loans, but the mercantile inquiry for money is
The Bank rate remains at 2^ per cent, and
Btill very limited.
market.
is
the quotations for paper having various periods to run are as
Per cent.
rate
Fer cent.
:
bills
bills
1K@1J4
6 montlis' bank
^%®i
and 6 months' trade bille. 4 (ga>i
15i@l?<
4
1X31%
3 months'bills
rates of
Open-maruet rates
4 months' bank
]
5X
Open-market rates:
SOandeOdiys' bills
The
:
;
;
;
£47,226,000".
:
foreign markets
Per
Joint'StocK banks
Discount houses at call
Discount nouBes with 7 days notice
Discount houses with 14 days notice,
The Bank
Bank Open
rate,
week
more
is
satisfactory, the
for money is indicated, and there is an increase of
£395,503 in the total reserve.
The directors of the Bank of England have decided upon
discounting the bills of customers under their recognized
demand
when
the state of the
money market
such a course. The joint stock banks have held a
meeting on the subject, which has been adjourned with a view ft>
seek tlie co-operation of the private banks. If the private and
justifies
banks consider that the fixing of a Bank rate has been
it is diflicult to see what arrangement can
alter the present state of affairs.
Frequently of late, they have
worked considerably below the ofiicial minimum, and they have
joint stock
virtually abolished,
lowered their rates of interest for deposits irrespective of a
made in the Bank rate. It must, however, be
borne in mind that Bank rate is the authorized charge (or interest
upon many transactions outside commercial circles, strictly so
called, and it would be unfair that in that circle, any loss should
be sustained by borrowers. It would appear, however, that
reduction being
there are growing indications of the present system being abolished, and, perhaps, under the altered condition of affairs, the
will be a desirable one.
The Bank of England directors
can scarcely be desirous of retaining a system, which perpetually
leads to much adverse criticism in reference to their policy.
Annexed Is a statement showing the present position of the
Bank of England, ttie Bank rale of discount, the price of Consols,
the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40'8 Mule twist, fair second quality, and
the Bankers' Clearing House return, compared with the four
previous years
change
1S74.
Circulation— including
bank post
bills
1875.
1876.
1877.
1878.
£
£
£
£
26,788.723
6,919,420
27,607,52^
19,'4'>,351
13.754,729
18,334,0i9
21,396,232
14,594,223
17,008,986
28.999,421
7,914,651
81,1)8,081
15,814,SE9
16,663,592
2;.:7i,i97
7,181,754
21,126,279
16,207,691
18,754,247
18,995,734
12,131,623
16,292,405
13 031 796
11,246, J97
33,6-25,631
23,843,093
28,949,020
25,76 i, 456
23,737,417
53-84
41-44
£
•26.925,057
Public deposits
Other deposits
8,1.34,3«
18,486,119
Government secarities. 13,91.%774
Other securiiies
17,792.274
8.6,'>9,129
Reserve of notes and
coin
Coin and bullion in
both departments ...
PropfTi'on cf reserve
to lUbllities
Bank-rate
Consols
Bnglish wheat,av. price
Mid. TTpland cotton...
SX
2 p.
4Is. l!d.
7 ll-16d.
4rs. 4d.
6d.
3 p. c.
94'^
65s. Od.
6d.
GKd.
Is. Cd.
House return. 13rt,S69,000
125,S97,C0a
lid.
79,423,lC0
lOd.
84.052,000
No. 40'8 mule
2d quality
Clearinfi
a«
p. c.
«s«
61s. 4d.
8«d.
Puns
p. c.
9.3
c.
ViH
39-33
2X
p.
3>i
Berlin
4
celona
4
ax
Lisbon and Oporto....
4
8«
St.
4
3
New York
5
3
4
Calcutta
3
Copenhagen
Genoa
,
6>ii-
79,778,000
Hambro &
4X®5
;
:
1875-6.
cwt.
cwt.
4!,801,S88
6,758,442
.i.Oil.TSS
31,022,116
6.440,152
'29,316,003
81,lll),O0O
31,663,500
41,4S2,10fl
.79,617,664
.
1,460,436
68,094,391
755,827
78,5)7,146
715,835
78,301.868
83 S, 608
78,157,548
67,!38,5W
77,821,261
78,078,760
cwt.
43,541,-242
home-grown produce
1874-6.
1876-7.
31,619,365
5,159,029
1877-8.
Imports of wheat
Imports of flour
Total
Exports of wheat and flour.
. .
Result
43s. 7d.
52s. Id.
45s. 6d.
^eat for season 5l8. -2d.
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
Aver, price of Sng.
from the 1st of September to the close of last week, compared
with the corresponding period in the three previous years:
1877-8.
been upon a very moderate
scale, and a considerable supply of sovereigns having arrived
from Australia and elsewhere, there has been an increase iu the
supply of gold held by the Bank. The silver market was firm at
one periodof the week, and the price of fine bars rose to 53 7-16d.,
but the quotation is now 53f d. per ounce.
The weekly sale of bills on India was held at the Bank of Eng.
land on Wednesday, the usual allotment of £400,000 being made,
£306,800 being to Calcutta, ,$86,200 to Bombay, and £7,000 tn
Madras. Tenders on all Presidencies at Is. 8f 3. received about 7
per cent and above that price In full. No materia) change is thus
for gold for export has
apparent in the state of the demand for the means of remittance to the East.
The following are the supplies of bullion held at the present
time by the principal foreign banks: Bank ot France, £64,253,000; Imperial Bank of Germany £25,912,000 Austrian Naliouai
Bank, £13,745,000 Netherlands Bank; £9,533,000; Bank of Spain,
;
414@5
The stock markets were firm in the early part of the week, and
a further rise in prices took place; but during tlie last two days,
there has been less buoyancy, an increased desire to realize
having been evinced. Prices have, in consequence, declined; but,
considering how important has been the recent improvement,
the relapse has not been serious. There has been a considerable
amount of speculation in Erie shares, and prices have experienced
a further advance. Notice has been given by the Erie Railway
Reconstruction Trustees that on and after the 19th instant the
London and County Bank, will receive assessments on preference
and ordinary shares, and give open receipts for such payments,
applicable to any shares, on receipt of a form of assent signed by
Also the receipts and tickets for past payments can
tlie bolder.
be presented with the proper share certificates, at the company's
oflSce, No. 1, Queeu Victoria street, and on written application by
the holder will be stamped so as to make them available for any
Erie share certificates, when brought in for conversion into
shares of the new company, and not merely for the specific shares
in respect of which they were originally issued.
The rainfall has again been copious, and even in early distriots,
The situation seems to
farmers are unable to mow their grass.
be ciiiical, as we are now approaching the longest day, and at present there are no indications of harvest. Unless there be a speedy
cliange, the harvest will certainly be late, and even under the
best circumstances, there is very little hope of a full average
crop of wheat. The recent favorable prospect as regards cereals
has quite disappeared, and unless we have fine dry weather soon,
the crops of roots will be damaged. In some of the country markets during the week, there has been a tendency for wheat to
improve in value but at the outports, owing to liberal arrivals,
the trade remains dull, at about pr.vious 4Uoiations.
During the week ended June 8, the sales of home-grown wheat
in the 150 principal markets of England and Wales amounted,
according to the ofiicial return, to 30,984 quarters, against 26,775
quarters last year, and it is estimated that in the whole Kingdom,
they were 124,000 quarters, against 107,100 quarters in the corresponding period of 1877. Since harvest the sales in the 150
principal markets have amounted to 1,691.228 quarters, against
1,795,170 quarters, while it is computed that they have been in
the whole Kingdom 6,765,000 quarters, against 7,180,600 quarters
Without reckoning
in the corresponding period of last eeason.
the supplies furnished ex-granary, it is estimated that the following quantities of wheat and flour have been placed upon the
British markets since harvest
offered is also 4 per cent.
;
6
6
6
Petersburg
Brussels
p.^C.
iX
S'/jd.
Sou, of a
new Swedish loan for .£1,.500,000. The price of issue is 88 per
£100 bond, and the rate of intererest is 4 per cent.
A new dutch loan has also made its appearance at Amsterdam,
The amount is about £3,500,000, the price of issue being 98|,
being equal to about 97f under rebate. The rate of interest
The demand
3.^
95X
499. Od.
p.c.
Frankfort
Leipzig
Sales of
prospectus has been issued by Messrs.
.
mark't.
rate.
Vienna and Trieste...
Madrid.Cadizaud Bar-
Hamburg
c.
twist.fair
Is.
.
Bank Open
mark't.
p.c.
V-
....
IjJ
return published this
at those periods
:
ct.
IJi
1,V
1?^
proportion of reserve to liabilities being 39'33 per cent, against
37'41 per cent last week, and 4444 per cent last year.
A smaller
minimum,
Baltic, it is estimated that
the quantity of wh-'at now afloat to the United Kingdom is 1,120,600 quarters, against 908,000 quarters last year. The quantity of barley afloat is calculated to be 219,500 quarters against
100,000 quarters and of Indian corn 870,600 quarters against 336,900 quartern in 1877.
Annexed are the current rates of discount at the principal
;
by the joint-stock banks and
interest allowed
discoont houses for deposits are subjoined
A
£7,512,000; and New York Associated Banks, £3,360,000. The
of discounts and advances is as follows
Bank of France,
£25.116,000 Imperial Bank of Germany, £18,358,000 Austrian
National Bank, £12.111,000; Netherlands Bank, £9,189,000;
Bank of Soain, £13,548,000 and New York Associated Banks,
amount
Without including supplies from the
follows
Bank
XXVL
Vol.
Wheat
cwt.
43,E4l,-242
Barler
OatB
Peas
11,031,262
9,024,742
1,861,425
Beans
S,54'2,328
Indian Corn
Plour
25.776,365
6,758,112
'
1876-7.
31,619,865
11,(27,515
8,221,491
1.061,893
3,715,973
26,485,047
5,159,029
1,172,289
2.956,V01
19,6:9,349
5,071,758
1874-5.
31,022,116
11,331,001
7,234,868
1,4S1,8(3
2,199,218
12,185 969
5,4i0,152
696,334
186,6.38
22,6'i5
185,166
63,652
17,787
1875-6.
41.80I,8?8
7,2611,829
8,G90,.'i04
BTS.
Wheat
Barley
Oats
Peas
Beans
Indian Corn
Plonr
—
cwt.
1,396,707
15,935
76,086
18,(159
18.8!J8
2 15,240
63,429
718,899
44,417
84,348
21,911
28,;28
410,613
36,929
28i,131
30,361
7.713
37,177
19,581
3,211
44,352
46,970
At the regular meeting of the trustees of the Manhattan
SavioffS Institution, held in May last, the resignation ot President E. J. Brown was prese.-ited and accepted, and a resolution
unanimously adopted expressing the high appreciation in which
his services were held, and the regret that Mr. Brown's health
compelled him to retire from business.
:
.
JONB
20,
:
:
:
THE CHRONICLE.
1878.J
645
(loglng prices at the N. Y. Board h»Te been as followR:
""~"
NATIONAIi BANKS OnOANIZBDT
Tbe United
Comptroller of the Currency farnisheB the
followlDg Btatomunt of National Banks organized the past week
Slattts
J,383— Vlrst National
of Wllllinantlc. Connecticut.
Authori/.ud capital,
W. (,'. TUlson, Pro-ldont; O. U. K.
$100,0110; pald-lu capital. »50,(jOO.
Kislev, Cuahlur. AuilMrl»»l lo commence bnalneaa June 90, 1878.
)e,3SJ— Uubhard National Bank, Uubbard, Ohio.
Authorized caplul. tSO.a'^O:
paid-in capital, •90.000. Alex. M. Jewdl, Preeidunt; Robert U. Jewell,
Caibler. Authorized to commeDce bnslneu June 21, 1878.
Bfttik
DIVIDENDS.
ThatollowICK divldeDds hare recently beoD announced
PcB
Ma>e op
Wbicn
Books
Cknt. Patablb. (Days
CoxpAirr.
Clodiid.
InclnslTe.)
Rallroada.
Norwich
& Kamaim
W & Chic. guar,
& Worcc.-tor
Bauks.
July
July
B
2»
4
Central National
Chatham National
Eet Hiver National
Irvini; National
Leather Manofactnrera' National
Ma*ket National
Mechanics' National
i«
3H
4
5
ti
Natioual Bank of Commerce
National Broadway
4
8
4
3
People's...
Phenix National
*
Ju^
8
July
July
July
8
S
,...
I'cpirs Fire
Ki (1 i;f w ood
Bafegnard Fire
• Also 2 per cent
Railroad,
wh
8
6
5
8
..'.
ch
la
This
is
June
June
Jane
25.
28.
27.
28.
105%
HI
108%
the price bid; no »ale wax
The range
each
cla.ss
of bonds outstanding .June
Range since Jan.
Lowest.
6.
68, 1881.... cp. 105i« Feb.
68, 5-208,'65.cp. 102% Jan.
1.
1.
1.
a
Jnno
to July 7
June23taJunc.3J
1.
1.
JuneSl toJuneSO
I.
1.
I.
JnDeS2to JnncSO
June ^ to June 30
8.
1.
June 22
to
June 30
1.
July
July
Jnly
July
1.
•July
1.
the Board.
6s,5-20»,'67.cp. 105
Feb.
68, 5-208,'68.cp. 106^ Jan.
5s, 10-10»...cp. lOS^B Mch.
5k, fund. ,'81. cp. 102% Feb.
4148, 1891 ..cp. loin's Mch.
4r, 1907 ....ci). 100% Apr.
68, cur'ncy.reg. 117 '4 Ayr.
1,
1,
1878,
llO^i
Amount Jime
1878.
Highest.
and the amount of
were as follows:
1.
Coupon,
Kogistcrcd.
June 27 $104,842,2.50 $87,804,100
105% June 6
51,328,250
55,527,800
108% June 27 105,861,300 204,755,000
11114 Juno 28
15,9.50,000
lOS'fs June 27 144,221,0.50
107 June 28 232,149,800
104 '8 May 24! 148,3.59,100
102% Jiiu. 0! 66,739,850
122 1« May 25! 64,623,512
21,515,300
.50,345,250
276,290,550
86,640,90"
25,110,15
I
1.
I.
mude at
in the prices since Jan. 1, 1878,
3.
lusnraiice.
Niagara Fire
Park I'ire
Juno
24.
&
&
A
&
&
&
&
1.
July
July
Inly
July
Inly
July
July
July
July
July
July
July
July
5
Hill
June
22.
6», 1881
loeT,, io«'» 107
reg.
dc
107 14 107% 107%
6a, 1M81
roup.
lOO^U lOfl^ lOO'g llOig 110% 110%
6h, 5-20S, lM65.,.reg.
101
MOI'm 101 's 102
102>* '102l«
6h, 5-20», imVS .oonp.
'10&1«
10«'h MOI'b 104 i«i 106 !« •lOS
(is, 5-208, 1807... reg.
105>.| 105>4 105 ift •105*4 105%
10Kl« 10H«.i 108 14 108% 108% 108%
68, 5-20B, 1807 .coup.
68, 6-20», 1868...rog.
&.
107 "a 107»» 1071s 108 •I07T» 107%
0«, 5-20«, 1868 .coup.
IlO'a 1105» llOSg '1 1079
llltt
5s, 10-Khi
rog.
.A
108 I'lOHis] 108 14 108% 108% 108%
58, 10-408
coup.
8. I08'»|-I08>e! ioh:% •1081s 1087,
58, fund., 1881. ..reg.
•Feb
106 'h 106141 106^ '100 Is •106% 107
58, fund., 1881. .coup.
Feb. -lOO's 106'4 lOli^lB loaeg 106% 107
reg.
Mnr. ion's 103% 10:1:11 104
4>i(«, 1891
104% 104%
4>«8, 1891
cotip.
-Mnr. loaog 103^ 10:)% '10378 104 le 10 rs
reg.
4», 1907
-Jan./ IOC's 10016 lOOis 100 14 100 1« 1(MJ"4
48, 1907
coup,
Jan. noils' 101 >4 101 14 101 19 101 14 101'4
6«, cur'oy, '9.5-99. rog.:?.
J.' 120?i.M20^ 1203s 120% 120% 120%
1.
Aug. 1. July i to.
June2B.
July 15. July 5 to Jnly 11
Aug. 1. July 6 to Aug. 4
(quar.)
Bowery National
Murray
Juno
Period
&
Attlcboro' Branch
Chtcaxo Iowa A Nc raDka
Chicago Reck Island & PaclflC (qnar.). ..
Concord & Portsmouth
UouBaloulc pref. (guar.)
l.ak'j Shore & Michigan Southern. ^ ....
Palcrsdu & Hudson Iliver
Putt'r.'<m
Pitts. Ft.
Intereat
1.
1.
1.
on the stock of the Iowa Bonthera and Missouri Nonhera
equal to SO cents per share on stock of Rock Island.
FRIDAY, JUNE
28, 1878-S P. HI.
Situation. There have
been few new"event« in Wall Street this week. If two points
were to be selected which have attracted more attention than
»ny others, -we should refer to the sharp demand for Oovernment
bonds, and the weakness in Lake Shore stock, following Mr.
Vanderbili's manifesto, at Chicago, and the declaration of a semiannual dividend of ] per cent. Both of these are referred to more
at length under their respective departments below.
Money on call has loaned at easier rates than at any previous
time this season, and on Government Ixinds rates have even been
quoted as low as 1@1^ per cent, while on miscellaneous stock collaterals the tenns were 3@3 per cent.
Prime commercial paper
sells at 3@4 per cent, with some exceptional transactions in verjchoice 60 days paper at 3 per cent.
The Bank of England on Tliursday showed a decrease in specie
for tlie week of £480,000 in consequence of the flow of specie
towards Paris, and the percentage of reserve to liabilities was 36
against 40^ the previous week.
The nominal discount rate was
advanced to 3 per cent, from 2^ the previous figure. The Bank of
France showed an increase in specie of 23,800,000 francs in the
week.
Tlie la.si statement of tlie New York City Clearing House banks,
issued June 32, showed an increase of $1,028,775 in the excess
above their 25 per cent legal reserve, the whole of such excess
being |16,190,575, against $15,181,800 the previous week.
The following table shows the changes from the previous week
and a cojiipari.son with the two oreceding years
The Money Market apd Financial
State and Railroad Bonds.— The principal activity in Stal
bonds has been in the Louisiana consols, which sold at one time
above 83 and back again, closing to-day at 81. This fluctuation
on large transactions is accounted for by speculative sales, as the
Virginia
interest due July 1 is noticed for payment in this city.
consols meet with some demand from parties at home.
Railroad bonds have generally been strong and tolerably active.
St. Louis Alton & Terre Haute second mortgage bonds declined today to 71J. Nearly all the well-known first mortgage bonds are
selling considerably above par.
Of the Columbus Cvmcago & Indiana Central first mortgage bonds it is reported that their
advance is due to the announcement that an application in about
to be made to tlie Court to have the receiver apply what money
lie has in his possession tow^ards the payment of interest on these
bonds, and also that the bondholders' suit is positively set down
for the first Monday in August, when the argument will be held
before Associate Justice Harlan, either in this city or Newport.
Interest is overdue ou these bonds since April, 1875, and this
forms part of tlie claim against the Pennsylvania Kail road.
The following stocks and bonds were sold at auction
:
Hondii.
Shares.
$1,200 Chesa. & Ohio RR. Co.
28 13
1st niort. 6 p. e. bonds
5.000 liroailwiiy & bcventh
Av. RR. l8t mort. 7h, due
25 Franklin Fire Ins
50
200 Erie KU. <Miniinoit stock,
with $4 gold per gliuro assessment i)ald; $100 ej»... 17ia
60 Third Av. Rli
109%
1884
100
2,000 N. Y. & Oswego Midland RR. 2d mort. 7s
$10
-
Kallroad and miscellaneous Stocks, — The stock market,
somewhat during tlie week, closes at a material
after vacillating
decline on Lake Shore and Michigan Central, which are now both
of them Vanderbilt stocks. At the close, Lake Shore fell off sharply on the announcement of a semi-annual dividetid of 1 per cent,
based on the company's statement issued to-day, which may l>e
conden^d as follows
Earnings ami E-rpenseii— January
(3ro88 eaniings (June partly estimated*
1 lo
June
30.
1878.
1877.
.$6,663,318
$6,431,166
Operating exi>en8cs and tuxes (June partly
4,292,105
4,628.119
(64is)
Per cent of cmenses
$2,371,213
Netcarnings
Interest, rents and dividends on guaranteed
(71%)
$1,838,047
1,380,000
1.387,800
estiioatlid)..
:
1878.
June
Differ'ncoft fr'iu
pfcvious week.
'i'2.
Loans and dis. $23i.7V.i,7im
Specie
(^rculutiou
Net
.
23.
June
24.
$218,397,400
16,209,000
11,900,400
2,0:i,">..')00
7.J.000
l.'>,7(i.i,<iOO
10,60.1.500
205,:t«I.l()0|l)cc.
401,100
223,316,100
208,7.'>1,800
19,".)0i),i)00{
..
dcitoeits
Jimo
$2.~)0,416,.50O
Due.
Doc.
l.'i,0t>!).7(HI
Legal tenders.
$7 l.GOO
Inc.
1876.
1877.
52,4()(i,90Oluc. 2,964,000
58,255,600J
,54,204,100
Cnltcd States Bonds—There has been a very large demand
for Government bonds, with a sharp advance in prices. The principal dealers have been crowded with orders, mostly from parties
in this city and State and in New England.
Savings banks,
national banks, insurance companies and private Investors are all
included among the purchasers.
The large movement at this
time is accounted for by the fact that many have waited to purchase until Congress adjourned, that the demand is stimulated by
the lower prices as compared with former years, and that the
accumulation of money and theditficultyof employing it profitably
in busineas induces some merchants, as well as corporations, to
buy governments as a temporary expedient to get 4 per cent on
their money. The steady sales of 4 per cent Ixinds and the calling
in of five-twenties also lead to a good deal of changing by those
who have been holding the latter i)onds.
Closing prices of securities in Ijondon have been as follows:
I
June June June Range since Jan,
14.
r.
8. e», 5-208,
1867
U.S. 5a, 10-40B
5H0f 1881
New
4'a per centw
21.
28.
Lowest.
1091s xl07 10738 10514 Jan. 2
a09>a logTs 110 104 "2 Fell. 25
|107»8 108
lOSKs lo:i%M(^h. 1
IDS'! 106
105^8 10'.Ji8 Fell. 25
I
1,
:
$145,247
$991,213
Balance
From the balance for 1878 there have been paid $200,000 lor a subRcriptiou for that aiiioiint of the 8tO(tk of the Pittsburg it Lake Erie RullThe fornier was toaid
lo.iil Contpanv aiul $80,000 for lands in Chicago.
in the constnictiou of a line from Pittsburg via Youngstowu. running
over the Mahoning Coal Railroad, l(iisc<l by this conipuiiy, and rcachiiig
tills conipauy's line at Ashtabula and the watiT-fnmt and docka at Ashtabula Harbor. The land at Chieagii has long been oonBldcred nee<'«8ary
for the convenient and economical transaction of the conipany'a business. Some yours ago negotiations for Its purchase at $130,000 were
carried on. About live thousand tons of stool mils have been laid (luring tho six tuonths, and the excess of cost over old rails tjikcn up has
boon charged to operating expenses. During the six months $70,000
was paid ou acoouut of tho Ashtabula accident— all claims for whlca,
except five or six, uro now disposed of. There Is no floating debt, nor
any outstanding obligations in that natm-e.
the Board resolved to appropriate tho balance for the six montlu or
1 873 as follows
»,«,«««
* to'JKJ
HInktiig fund, six months
--••
Payments made on Ashtabula accidout
„I2'xS!!J
Subscription to stock In Pittsburg & Lake Erie RaUrosd Co.... 200,000
80,000
Purchase of laud at Chicago
Maklug
Dividend of 1 iwr cent, payable l8t August next
L<;avlug surplus of
$475,000
194,66.5
'''•^'*''
-jg jlS
1878.
UIgbest.
10»°8JunD 8
110>4 June27
10808 June 28
106
stock
Jime21
$991,213
As the increa.se in net earnings for the six months of 1878 over
the same time in 1877 is about ij;533.000, as shown by this sUte
inent, and as the company had made an increase of $784,000 on
the first three months of tho year, it follows th»t in the last three
,
:
..
months the
loss of net earnings, as compared with the same time
in 1877, has been about $250,000.
Still there is a strong belief
among many of Mr. Vanderbilt's friends that he is placing himself in a position to command more thoroughly than ever his
father could the northern lines to Chicago, and that he will then
virtually be able to dictate terms, and that he will insist on paying rates ; and by no means enter upon any war which would
bankrupt the other trunk lines, as this would be a fatal policy for
himself.
Rock Island declares, in substance, a 2^ per cent
quarterly dividend, making it in the roundabout way of a 2 per
cent dividend on the stock of its leased line.
The Northwest and
St. Paul stocks have at times been more firmly held, but closed
heavy, in sympathy with the rest of the market.
The daily highest and lowest prices have been as f ollo%vs
anthracite.
Monday,
June 24.
Saturday,
June
Central of N.J
Chic. Burl.4 Q.
C. Mil. & St. P.
C. R.
I.
Tuesdar, Wedn'sd'y Thursday,
June
June
25.
28.
June
Friday,
June
27.
106i<i
107
North.
S2H
82
48V
pref.
73>|
519«
HI
& Pac. 117H H8?^
Del.A H. Canal
Del, Lack. A
W
55Ji
iiif^
ili'*
50
sm
b6U 5»
Brte
Han. «
do
^8.
34%
VXHi
lOfljl
pref.
&
do
2i.
31M 31H
St. Jo..
1
Tig
115^
•28
pref,
Illinois Cent...
Lake Shore ..
Michigan Cent
Morris * Essex
N.T.C. &H.
Ohio & Miss...
1
57?^
i
66
82«
lOgWl
.
s«
MH
83
59
86
83
109
lOSW
Panama
Wabash
United states
.
•47)^
47>4
•93
95
16
pref.
35
These are the prices bid and asked no saU was made at the Boiivrd.
Total sales of the week in leading stocks were as follows:
;
Korthwest.
June 22
"
"
24....
25
26
27....
28....
Total...
Clearings.
Clos.
Gold,
Cnrrency.
j
100=8
100=8
100=8
100=8
100=8
100=9 100=8 100=8
100=8 100=8 100=8
100=8 100=8 100=8
100=8 100% 100 5t
100=8 100% 100%
10,998,000
12,188,000
8,291,000
9,465,000
This week 100=8 100=8 100%ll00%
Prev. w'k 100^100=8 lOO'e 100=9
S'ce Jan. 1 102^8 lOOifl 10278 100%
24..
25..
26..
27..
28..
The following
902,500
759,179
919,724
10.120^00
1,188,505
1.500,843
1,260,000
1,196,166
1,509,015
1,269,699
$61,236,000
67,408,000
$923,000
$979,934
7.52,600
are quotations in gold for various coins:
$4 88 ®$4 92
Napoleons
3 92 ® 4 00
X X Reichmarks. 4 75 @ 4 81
X Guilders
3 90 ® 4 10
Span'hDoubloons.15 65 @]5 80
Mex. Doubloons. .15 50 ®15 70
Fine silver bars
1141s® II513
&
Sovereigns
Dimes
Fine gold bars
Silver J4saud %s.
Five francs
Mexican dollars..
English silver
Prus. silv. thalers.
Trade dollars
New silver dollars
.
par.®i4prem.
Ezcbange. — Foreign exchange
is
13
dimes.
— OSH®- 98=*
— 98»2® — 98%
— 93 ® — 9413
— 91>2®— 921a
4 75
4 85
— 68 0) — 70
— 9812®— 98%
— 99%® — par.
-31
dull on 00-days
sterling
but relatively more active on demand. The withdrawal of
gold from London to Paris and the advance in the Bank of England rate has had some little influence. No great amount of
commercial bills appears to be making here. Rates to-day on
actual business were about 4 85i for 60 days and 4 88 for demand
bills,
In domestic bills the following were rates on
undermentioned
to-day:
cities
;
;
:
87>|
•
"
"
'
"
"
;o3« 108^ 103j|
•47W
Wells, Fareo..
Quickslh-er
"
"
1
June 22.. 100=8100=8 100=8 100=8 $10,174,000 $1,652,953 $1,790,406
New York at the
Savannah, buying ^, selling J
premium; Charleston, none to be had, 3-16@l-5 premium, J premium New Orleans, commercial ^, bank J St. Louis, 1-10
premium; Chicago, 75c. premium; and Boston, IS^c. premium.
Quotations for foreign exchange are as follows
83>|
108)^
65«
Adams Cxp
American Ex.
do
Open Low. High
:
Balancea.
Gold
sterling.
onu
1«^ 17«
West. Un. Tel.
and balances were as follows
5Sii
•i2r
14M i5«
Union Pacific.
clearings
Quotations.
83W
7H
lis
PacldcMall....
LVoL. XXVI.
The range of gold and
"
The coal stocks have been fortified by another harmonious
meeting of the combination managers and a further advance in
Chic.
-
1
THE CHRONICLK
646
do
.
5,500
7,800
5,935
3,500
6,300
7,900
Lake
West'rn
Shore. Uuiou.
Paul.
27,550
81,420
36,510
26,770
27,750
67,454
3,181
2,460
1,800
7,950
8,425
13,100
7,400
9,960
10,129
7,010
79,976
56,024
36,935 267,454
38,3.50
26,235
St.
.
Jine.
1
Del. L.
& West.
1
Pacific
Mail.
.
.
—
5.18i«®5.15=8
5.18i8®5.1558
5.18ie®5.15=8
4018
40
95 ® 9514
95 ® 9514
95 ® 9514
95 ® 95 14
(f raucsj
Antwerp
(francs)
Swiss (francs)
Amsterdam
Hamburg
(guilders)
(reichmarks)
4.80 ®4.86%
4.85 ®4.85ia
4.84ifl®4.85
5.16i4®5.13%
5.16i4®5.13%
5.16i4®5.13%
4014® 40%
951^!®
95I3®
95I2®
95I3®
95%
95%
95%
95%
1,7.50
27,8.S7ll03,219
26.335
TTorlt City Banks.
The following statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of business on June 23, 1878
-AVBRAGK AMOUNT OF
Legal
Loans and
Net
CirculaSpecie. Tenders. Deposits.
tion.
Capital. Discoants,
Bakks.
«
d.
tt
S
t
$
7,960
6,495
1878.
.$39,948 $1,374,383
303,142 1,108,863
1877.
Atch. Top. & S. F. 2d wk J'ne $67,000
$930,607
Atl. &Gt. West... April
276,372
1,103,574
Atlantic Mis8.& O.April
126,931 124,646
516,508
504,495
Bui-l.A Mo.R.iu N.April
146,362
68,978
288,'242
498,737
Bur. C. Rap. & N.3d wk J'ne
24,519
15,781
763,808
407,122
Cairo & St. Loais- 1st wkj'nc
5,365
5,408
90,562
109,165
Central Paciflc. May
1,574,000 1,554,653 6,407,410 6,354,471
CMpaKO <fe Alton.. 3d wk J'ne 84,998 108,271 1.913,763 1.954,610
"
Chic. Burl. <& Q... May
1,157,447 917,447
5,402,631 4,514,313
Chic. Mil. & St. P.3d wk J'ne 152,000
134,736 4,061,000 2,778,558
Clev. Mt, V. &D..2dwk J'ne
7,149
8,166
164,662
165,753
Dakota Southern. May
19,039
16,347
86,344
65,724
Dcnv. & PJo G...2dwk J'ne
18,715
12,241
384,492
273,376
Detroit & Milw. .April
77,364
76,636
DubuqHe&S.City.lstwkJ'ne
17,375
13,819
428,252
319,828
Erie
March
1,147,208 1,170,714 3,57',!,637 3,262,720
Gal. H. & 8. Ant.. April
90,682
70,430
355,721
303,853
Grand Trunk .Wk.ciid. J'ne 15 152,407 151,184 4,041,477 3,989,692
Gr't Western .Wk.cnd.J'ne 14
71,578
73,851 2,052,799 1,849,728
111. Cent. (lU.line) May
444,255 369,495 2,044,732 1,787,845
do Iowa lines. May
132,267
95,028
633,746
504,116
do Spriiifrf. di V.May
17,646
74,220
Indianap. Bl. &W.2dwk J'ne
18,909
19,697
571,163
535,742
Int. & Gt. North.. 2d wk J'ne
16,419
16,302
542,155
616,678
Kansas Pacirtc. .3dwk J'ne
44,015
64.085 1,354,574 1,278,467
Louisv. Cin.&Lex.April
64,761
72,997
274,445
306,570
Louisville ANash.May
393,000 384,942 2,099,713 2,044,109
Missouri Paciflc. April
334,535 332,169 1,272,662 1,193,541
Mo. Kans. ATex.May
206,757 231,307 1,048.240 1,172,810
Mobile* Ohio.... May
104,231
95,401
846,093
737.900
Nashv. Ch.&St.L.May
124,837 128,047
730,140
693,555
Pad.AElizabctht.2dwk J'ne
5,552
5,268
Pad. & Memphis.. 2d wk J'ne
3,574
2,555
79,133
Phila. & Erie
May
238,024 260,591
1,139,159
Phila. & Reading. May
1,286,015 1,387,329 4,171,768 5,193.975
St.L.A.&T.H. (brs)2dwk J'ne
10,410
8,909
204,055
219,839
St. L. Iron Mt. & S.2d wk J'ne
59,300
82,869 1,744,465 1,813,358
St. L. K. C.&No..3dwk J'ne
49,884
47,629 1,459,690 1,367,741
St. L. & S.Fran... 2d wk J'ne
17,966
22,840
491,919
556,876
St. L.&S.E.(St.L.)lstwkJ'ne
12,673
10,898
2.52,274
243,539
do
(Ken.).lstwkJ'ue
8,031
5,735
142,196
122,936
do
(Tenn.). 1st wk J'ne
3,.574
2,640
72,571
61,061
St. Paul* 8. City. May
58,131
37,827
238,379
167,298
Sioux City ASt. P.May
33,215
18,108
149,810
92,078
Scioto Valley
3d wk J'ne
6,233
107,397
Southern Minn... April
59,900
31,000
238.667
135,494
Tol. Peoria & War. Istwk J'ne
21,935
19,636
558,090
438,129
Wabash
3d wk J'ne
74,370
85,581 2,122,292 1,948,106
Worth'gt'n & S. F.May
10,019
1,524
36,757
7,116
The Oold Market Gold has been dull at 100| to lOOf. Gold
loans at the close were made flat. In London, silver is quoted at
52J@52id. per oz., having sold as low as 53ia.
. .
Paris
3 days.
4.86%®4.87ia
Frankfort (reichmarks)
Bremen (reichmarks)
dates are given below.
The statement includes the gross earnings of all railroads from which returns can be obtained.
The
columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. 1 to, and including, the period mentioned in the second column.
-Latest earnings reported.Jan. 1 to latest date.
1877.
Prime bankers' sterling bills on London. 4.84%®4.85is!
Good biinkers' .and prime commercial... 4.84H®4.84%
4.83 ®4.84
Good eorauiercial
4.82i2®4.83i2
Documentary commercial
1,600
1,870
6,660
The total number of shares of stock outstanding is given in the
last line for the purpose of comparison.
The latest railroad earnings and the totals from Jan. 1 to latest
1878.
60 days.
28.
22,000
12,100
15,519
25,000
16,900
11,700
4,625
5,900
7,600
1,022
5.240
3.500
Whole stock. 151,03l'494,665 337,874 154,042 780,000 524,0001200,000
WeekorMo.
June
Berlin (reichmarcks)
—
New
:
New York
.3,000,000
"
300 000
7,467,500
6,216,900
3,846,400
7,803,403
2,360,000
5,297,400
3,109,403
1,533.800
9,921 ,3(;0
Co.... 2,(50,000
3.000,000
Mechanics',, ... 2,000.000
Union ..
America
..
...
1,200,00(1
...
...
Phcenix
. .
3,000,000
1,030,000
1,000 000
1,000,000
• 600,000
.
City
Tradtsmen'B
Fulton
Chemical
Mel-chants' Exch.
1:33,500
1,000,000
3,'.'49,100
Gallatin National 1,500,000
3,739,900
Butchers'&Drov.
Mechanics' & Tr
Greenwich
Leather Mannf'rs
Seventh Ward..
State of N. York.
American Kxch..
SOO.IiOO
l,:]3J,U0O
61O.OOO
200,000
600,000
300,000
800,000
1,418.000
853,900
2,327,100
962,500
1,683,200
11,765,000
15,343,700
4,905,900
3,421,500
1,927,700
2,964,600
2,809,200
1,228,600
1,614,900
4,852,800
1,949.100
12,106,000
1,708,900
1,918,200
2,441,500
Commerce
.5,000,000
5,000,000
1,000,000
1,000,000
Broadway.
Mercantile
Pacific
4'J8,700
Republic
People's
1.500,000
460,000
412,500
North America..
Hanover
1,'
Chatham
Irving
Metropolitan.
Citizens'
. .
.
700,000
00,000
500,00c
3,000,000
600,000
Nassau
Market
St.
1,O.W,000
1.000,000
1,000,010
and Leather l,n00,(0i
Exchange . 1,000,000
Nicholas
Shoe
Com
Continental
Oriental
..
3,51!l,000
1,282,600
2,009,000
15.274,900
11,361,300
618,000
655,200
766.500
; 24,300
342.200
12,507,800
7,006,000
300,000
240.000
Norlh River
350,000
East Uiver
lOO.OOO
.Manuf'rs'
Mer.
Founn National. 8,5i 0,000
&
Central National. 2,0(X).0()0
Second National. 300,000
75(1,000
Ninth National..
500,000
Fir^t National...
Third National.. l,00li,000
300,000
N. Y. N»t. Exch.
Bowery National. 250,000
GeimanAmeric'n
Total
The
Loans
03
300,000
Grocers'
NewYorkCoanty
1.939,1
3,698,000
8,170,800
1,250.0(10
40il.000
Marine
Importers'&Trad 1,500.000
2,000,000
Park
Mech. Bkg. Ass'n 500,000
2(0,000
750.000
2,776,000 1,161,800
9,467,600
415,000 2,686,900
5, 407,11 00
776,000 8,734,200
7,481,1(0
105.0(0 l,s»l,800
4,7:9,600
755,000
846,700
2,930,( 00
68i,2C0 l,73i,100
6,041,200
274,000
171,000
1,985,000
673,700 3,683,010
6,798,400
283,900
158,300
1,741,000
616,300
69,200
1,294,900
705,300 1,700,000
9,137,600
722,800
176,500
2,733,800
537,200
851,600
2,071,700
148,000
86,000
927,000
244.000
20,000
1,027.000
203,400
6,400
817,100
437,400
241,100
1,979,600
183,900
71,300
919,100
566,500
851,200
1,786,800
877,000 1,344.000
8,400,000
810,900 3,(J9I,7C0
9.965,900
771,400
33,300
3,2i3,400
836.200
452,900
3,0.11,600
SllaOO
681, 90J
1,955,600
478,500
247,300
1,722,300
701,-.(0]
8,705, lliO
40,500
223,700
l,14:3,CO0
21,600
232,000
1,444 301
80,000
911,600
143,600
4,338,800
403.600
1,893,100
68,800
390.000 2,802,000
9,339.000
1,8(15.100
73,000
403, 100
279,500
l,70t,000
36,700
501, -00
l,6r9,400
50,800
216,500
796,700
81,81.0
417,000
2,831,000
296,000
352,000
1,843,000
113,700
644,900
28,000
2,665,0(J0
230,001
1,166,100
21,300
403,00
1,921,000
112,000
695,100 3,451,600 15,896,200
630,500 2,870,000 12,917,600
lOr.800
440,300
22,100
168.600
533,300
1,800
151,400
727,600
21,700
101,600
586,900
67,3C0
I38,0U0
426,200
4,100
1,024,500 1,956,500 10,27M,300
5.669,000
884,000 1,1.30,000
503,000
2,0(,3,000
....
875,800
3,115..300
63.000
7,912,500
288,000 8,302,800
6,833,000
233,300 l,t2?,500
1311,700
737,800
41,500
235,000
820,000
8.000
1,203,90J
327,800
601,200
1,873,400
138,60J
9,179,000
Manhattan
Merchants'
S,046.0(iO
,3,801,600
6,132,5C0
4,94,S,O0O
1,144,500
1,0''1,900
1,103,700
1,809.100
40,000
7,500
103,400
171,000
135,000
1,100
238,600
774, 2C6
6C2,10O
389,200
807,000
198,000
2,700
857,200
33,900
45,000
199, OCO
1,880,800
878,600
180,000
4so,im
394,000
5,400
441,300
83,500
3,160,000
230,200
3,900
293,300
492,600
519,500
4,700
760,000
3'24',666
1,113,800
540,(00
895,800
96,800
1,053,200
1,374,000
270,0(.O
100,000
460,0CO
793.800
•368,400
823,900
180,000
65,585,200 234,713,700 15,069,700 62,166,900 205,364,100 19,909,930
deviations from returns of previous week are as follows
Dec.
$401,100
$74,800 Net deposits
Inc.
Specie'
Legid tenders
:
I
Dec.
Inc.
Cu-culatlon
2,(3.5,500
2,964,000
|
JJec.
76,000
—
MF
Jens
—
J
F
.
.
.
THE CHRONICLE.
20. 1878.1
647
GENERAL QUOTATIONS OP STOCKS AND BONDS.
New York represent the por cent vnluo,
wbatovor the par may be other quotation* are f roqitentlr made per iihare.
usod, viz.: " M.," for niortmiKe; " g.," for gol4 " g'd," for guaranteed ; "end.," for endorsed;
for oonsolldnted " eonv.," for convertible " e. f .," for sInkInK fiiml " 1. g.," for laud grant.
Quotations In New York are to Tbursduy ; from other cities, to late mall dates.
Qaotntlona In
;
The foUowluK abbreviations are often
;
;
;
'eona.,'
;
8nbarrlbera wUI conftr m fkTor by glvlag notice of aajr error dlMSorered in tbe*e Qnotatlona.
Bid.
United States Bonos.
&
&
rcg..J
coup. .J
reg
1881
1881
Called lionds
MA8I 105
F&A 115
J 107«>.
J llOUp
108
110%
6s,
6s,
6s,
107
Columbia, B.C.— Os, bonds
Colnmbus, Ga.— 7s, Various
& J 30
A&O 30
J & J 30
J & J 40
AAO 40
fimdlng net, 1806
Land C, '80
Land C. 1889
Covington.
88
Detroit,
2
Var.
3
STATE
CITIT
SECITftlTIES.
Alabama— 5s and
8», Alii.
Ss,
Albany, N. Y.—6s, long
fundable . Var.
.
& Chut
88 of 1892
2sof 1906, funded "A"
5s of 1906, funded, KR.
J
&
J&
"B"
J
J
44
7
20
& J
22
78, L. K. &Ft. 8.is8ue,1900.A&O
7s, Memphis A L. K., 1899. .A & O
78,L. K.P.B.&N.O., 1900..A&O
78,Mi8s.O. &R. Riv.,1900..A&O
5
7a,
78.
. .
J
Ark. Central KU., 1900. A
&O
Levceof 1872
7s
Allegheny, Pa.
6s, 1876-'90
44is
72i2
46
Class ••C"
Arkuu.sas— 68, fuiulod, 1899
—Is
Various 102
Various 106
J&J
J&J
Do.
88
Waterworks
97
104
98
1887, mun..F&At 103 12
Augusta, Me.—68,
Augusta, Go— 7s
Austin, Texas— 10s
Baltimore
5
5
5
5
g.l04
t105 106 >fl
109
68,
68,
6s,
68,
6s,
6s,
68,
5s,
102
&
.Q-J 106
Con'v.RK., 1886.. J&J 107
1890
Q— 108
O. loan, 1890
Q— 108
107
Bait.
&
F& A
I
t
A&O
M&N
t
68, special tax, class 1
68,
do
clii»»2
6s,
do
clossS
&
J
OJs
A&O....
J&J
A&O
A&O
A&O
A&O
8
8
2's
2
2
Ohio-«s,1881
J & J 104
6s, 1880
,..J & J 107
Pennsylvania— 58, gold, '77-8.P&A*
5s, cur., reg., 1877-'82
PAA*
58, new, reg., 1892-1902. ...F&A. Ill
68. lO-l.-j, reg., 1877-'82
F & A 107
Os, 15-25, reg., 1882-'92
114
F&A
'
Price nominal
;
no
West Park
late transactions.
10
91a
78.
95
1890
O—68, long...
Var.t 93
Var.t
6s, short....
Var.f 106 108
7-308
105
Var.t 103
7s
Southern RR. 7-308, 1902... J&Jt 991a 100
new
7-30S,
(
do
80
184
Os^g., 1906..
do
M&N
Hamilton
do
do
Co., 0.,68
78, short
95
t
100
long 78 & 7-308. t 104
Various.
Cleveland, O.—6s. long
30-year 58
Various.
6s, short
Varloust
7s, long
113
Variousf
7s, short
108
1876-'8
Yearly t
1
SiMJcial 78,
tl4ls
t
I
'
j
. .
J
68, end.,"M.
6s, consols
'
I
. . .
Purchaser also pays accrued Intareat.
102
108
Ga.— 7s
..
103
104
115
103
107
116>«
1041*
106»» lO?!*
.
110>«
98
104
101
98
98
97
110%
98
115
107
108
IIOI4
110%
J
J
. .
A
A
101
101 >a
f
101
t
100 13
102
110
J 35
J
MAN
JAJ
35
35
35
62
95
80
80
102
106
112
Bedford. Mass.—68, 1893
Bnmswick, N. J.—7s
t
Newburyport, Mass.—6s, 1890
N. Haven, Ct.—Town, 6s, Air Line..
loan
Town, Os, war
111
103
1091a
106
103
.
New
N.
45
45
45
45
65
100
1041a
108
20
20
33
103
do 6s, Town Hall
112
sewerage
103
do 63, City Hall
32
bonds.
Premium
NewOrleans.lJi.—
Var. 36
Consolidated 68, 1892
City, 7a,
38
90
90
105
110
115
112
104>s
110
108
105
105
115
105
34
40
A '94..Vnr. 36
J AD
38
loa
100
100
103
103
115
108
103
103
102
106
106
Wharf impr., 7-30s, 1880..
New York City—
. .
water stoek, 1876-80.
1877-79.
do
1890.. ..
do
1883-90.
do
aqueduct stock. '84-1911.
.
M&N
pii>e8 .and maine. 1900..
reservoir bonds. 1907-'ll .ti—
Ceut. Park bonds, '77-98. .Q -^
"77-95.. Q-.
do
N
dock bonds, 1901
1905
do
8tock.1878.Q-F
floating debt
market stock, 1 894-97 ..M&N
Improvem't stock. 1889.M A N
1879-90. .MAN
do
7s
101
100
M& lie
M&N 107
6s, gold, cons, bonds, 1901.
M&N 1
68 street Impr.stock, 1888. M
&N
'79-82.MAN
do
do
78^
6s, gold, new consol., 1896
7s, Westohester Co., 1891
Newton-«8, 1005
5s, 1905
102
10»
101
101
108
106
103
108
102
IIOI4
AJ
AJ
M&N
68,
6s,
5s,
6s,
6s,
7s,
6s,
Ss!
68,
78,
6s,
68,
78,
6s,
25
lO?!*
Var. t
Milwaukee, Wis.— 58, 1891.... J & D
Var.
•,8, 1896-1901
J & J
78, water, 1902
J & J
Mobile, Ala.— 8s
J A J
58
6s, funded
8s
J A J
Ala.—
Montgomery,
Nashville, "renn.- 6s, old.
.........•...-•••••-••----Gs DC W
Var.
Newark—68, long
Var.
7s, long
Var.t
7s, water, long
'75
103 »«
MAN!
H.— 5s, 1882-'85.
Itaili-oiul issues, 68,
84
76
78
J
J
FAAt
JAJ
MANt
& C. BR
105
1091s 110
JAJ
.
lO."*
.
1899-1902
AAB
I
J&J
M&N
M&N
103
101
108
100
100
107
105
102
7s.M&SandJAD 107
do
J&J 101
Bayonue City, 7s, long
Lawrence, Mass. 68, 1894. ..A& Ot 110
Long Isliind City, N. Y
Louisville, Ky.— 78, longdates. Var.t 102"
Var. 100
78, short dates
Vor. t 96
68, long
do
llO
101
102
J A J
sewerage, 1878-'79
assessment, '78-79. J A J-MA N
•78, improvement, 1891-'a4
Var.
J & J
78, Bergen, long
A&O
Hudson County, 68
68, 1894
Memphis, Tenn.—6s, old, C.
6s, new,
68, gold, ^md., 1900
•
ancinnati,
.
83>»
107
109% 110
18
Manchester, N.
I
51
51
MAN
M.acon,
I
70
.
Lynn, Mass.—6s, 1887
Water loan, 1894-96
58,1882
I
do
do
conp. off
do
coup, off
Funding act of 1866
do
1868
68,new bonds
68,
do
.
68, short
Lowell, Mass.—6s, 1894
Lynchburg, Va.—6s
8s
I
68,
6»,
6s,
68,
6s,
Fall River, .Mass.—68, 1904.
t
1
A&O
J&J
A&O
J&J
A&O
(
—
A&O
M&N
F &A 83)4
Consol. 3-658, 1924, eoup
.%
do
reg
Perm. Imp. 6s, guar., 1891.... J&J 104
JAJ 105
Perm. Imp. 7s, 1891
Washington— 10-year 6s, '78..Var. 100
Fund, loan (Cong.) 6b, g.,'92 Var. 103
Fund, loan Leg. )«B,g., 1902 Var. 103
East Saginaw, Mich.- 8s
76
Elizabeth, N. J.— 7s, short
t
Var. 70
7s, funded, 1880-1905
A&0 72
78, consol., 1885-98
78,
7s,
78,
M&S
A&O
Var.l
Var.t
long
68, f muled
Park, 1890
Q-M 1081a 110
109 114
bounty, 1893
85
do exempt, 1893. ..M& 8 113 114
101 »2
103 1031a
111
funding,
1894
J&J
J & J log's
78, ucw bonds
108^2
J&J 109 111
68,1900
7s, endorsed
IO914
111
108
West.
Md.
1902
....
RB.,
J&J
68,
7s, gold bonds
Q-J
109 112
5s, consol, 1 885
88, '76, '86
Q— 100 101
107
110
6s,
Valley
RB.,
1886
Illinois— 6s, coupon, 1879... .J & J 102»a 103H
IO4I4 105
5s, new 1916.
War loan, 1880
J & J 102%
102
I0214
100
103
Bangor.
Me.—
68,
Var.t
BB.,1890-'94.
J&J
Kansas— -8, '76 to '99
102%
6e, water, 1905
J&Jt IO6I2 106%
Kentucky—68
li
101
102
N.A.
Railroad,
1894.
.J&Jt
68, E.&
Louisiana— Old bonds.fundable.Var. 52
6s. B. & Piscataquis RB..'09.A&OI IOII2 102
Var. 52
8s, non-fundable
100
101
6s,
railroad
aid
Var
New consol. 7s, 1914
J & J 81>4 81% Bath, Mo.—
98 100
5s, 1807, municipal
F&A 103 104
Maine— Bounty, 68, 1880
'98.
99
100
II2I2
Belfast, Mc— 6s, railroad aid,
113
War debts assumed, 6s,'89.A& Ot
Boston, Mass. —6e,cur,long,1905Vart 114
107
1141a
M,!t8 106
War loan, 68, 1883
104
Var.t 1031s
Maryland— 6s, defcuce, 1893.. J&Jt 108 108 >s^ 68, currency, short, 1880
HI
Var.t 110
58, gold, 1905
J&Jt 110 112
68, exempt, 1887
A&O; 105 107
Sterling, 5s, gold, 1893
J&Jt 108 112
68, Hospital, 1882-87
do
5s,gold,1899
J&J 106 108
68, 1890
Q—J 107 112
A&O, 105 107
do
58, gold, 1902
5e. 18S0-'90
Q—J 100 105
106
BrookljTi, N.Y.—78, '77-80.... J & J 101
MassacluiRctts— 5s, 1878, gold.J&J lOO^a 101
112
78,1881-95
J & J 105
JifeJ 104% 10514
5«, gold, 1883
78, Park, 1915-24
J & J 117 119
5s, gold, 1894
Var.t 110% 111
7s, Water, 1903
J & J 117 119
J&J 108 110
5s, g., sterling, 1891
J & J 117 119
78, Bridge, 1915
do
1894
M&N; 106 108
do
106
109
6s, Water, 1902-5
do
1888
do
A&O: 106 108
1900-1924
Park,
& J 106 109
J
102%
103
68,
Michigan-6s, 1878-79
J & J
112
109
Kings Co. 7r, 1882-'89
68, 18S3
J & J 104
107
105
do
68, 1877-'86
78,1890
109»s
'20
104
Var. 100
Buffalo, N, Y.— 7s, 1876-'80.
Minnesota— 7s, RK. repudiated
35
110
102''8
1880-'95
103
Var.
7s,
104
Missouri— 6b, 1878
J & J
111
Var. 109
78, water, long
Fundiiitt bonds, 1894-95 ....J & J 108
6s, Park, 1926
M&S 100 103
Long bils, '82 to '90
J & J 100
Cambridge, Mass.— 5s, 1889. A&Ot 102
1021a
Asylum or University, 1892. J & J 106
6s, 1894-96, water lo.an
J&JI 112% 113
Hannil>al & St. Jo., 1886.... J & J 106
Camdeu Co., N, J.— 68, coup.
do
do
1887....J & J 106
105
Cauiden City, N. J.~68, coup
N.nami)8hire—68, 1892-1905.. J&J 112>9 113
113 116
78, 1'cg. .and coup
War loan, Gs, 1884
MAS 106 107
60
53
8t'k,'76-98..Q-J
Charleston,
S.C—
6s,
New Jersey— 68, 1897-1 902.... J&J* 106
79
78, (Ire loan bonds, 1890.... J & J
68, exempt, 1877-1896
J&J 106
92
78,
non-tax
bonds
New York—
Chelsea, Mass.- 6s, '97,waterl.F*At 109% 110
68, Canal lo.in, 1878
J&J
99
J&J 97
Chicago, 111. — 6s, long dates
68, gold, reg., 1887
J & J 112
J&Jt IO3I2 104 1«
78, sewerage, 1892-'95
6b, gold, coup., 1887
J & J 115
IO714
1890-'95
06
J&Jt
7s, water,
68, gold, 1883
J &J
J&Jt 103 12 IOII3
7s, river Impr., 189<>-'95
6s, gold, 1891
J & J 118
J&Ji 103 la 104 H)
118
7s, 1890-'95
6s, gold. 1892
M&NI 100 lom
Co<Jk Co. 7s, 1880
6s, gold. 1893
J & J 117
103 13 104 13
do
78,1892
North Carolina—
100
Lake View Water Loan 7s
18
68, old, 1968-'98
J & J 16
90
Lincoln Park 78
17>9
6«,old
16
South Park 78, 1876-'79....J & J 96
70
6»,NC.RR
JAJ 100
J & J 80
Mich.— 7s, long
Indianapolis, Ind.— 7-30s,'93-99. JAJ 105
109>4
1081a
1081a
8»
100
Columbia
Jersey City—
68, water, long, 1895..
1041a
Various
City Hall, 1884
Pitts.
consol.,
82li
.
100
err
95
.F& At
PAAt
5a. 1894, gold
Fitehburg, Mass.- 6s. '91,W.L. JAJt
Fredericksburg, Va.— 7s
Galveston, Tex.— lOs, '80-'95 ..Var.
Galve.st'u County.lOs, 1901.J & J
Georgetown, D.C.— See Dlst. of Col
Var.'
1061a Harrisburg, Pa.— Os, couiwn
Hartford, Ct.— City 6s, various
Capitol, untax, 68
Hartford Town bonds,6s. untax.
Haverhill, Mass.—68, '85-89.. AAOt
Houston, Tex.— lOs
96
102
106
102
45
I
.
J&J* 100
J&J* 90
Wharf 78, 1880
45 »a
Allegheny Co., 58
74
Atlanta, Ga.— 78
48
5
California— 68, 1874
Connecticut— 5s
68
Delaware—6s
Florida-Consol. gold 6s
Georgia— 6s
SECURITIES.
Dl8t.
35
f
7r, water,
75
& J 65
6s, ,V20a, laO.'S, new
& J 36 3914
6«, 5-20(», 1865, new...
35
36
..J&J
6«, S-'JOs, 1867
36
& J 35
6«. 5-20«, 1867
M & 8 101 103
68, 5'-'0», 1868
M&S IIOI3 111
68,5-20.1.1868
J & J 114 115
rog..M& S 108=8 lOS's
7s,KOld,1904
56,10-408
10s, pension, 1894
J & J 101 102
88,10-408
COUP..M& S 108^ 109
Vermout^Os, 1878
J &U IOOI4 100 12
reg.. Q—
1063i 107
58. fuiHkd, 1881
Sb, finidid, 1881
coup.. Q— I0(>^< lOO'e Virglnia^Os, old, 1886-'95....J & J 20
4i«8, 18i)l
68, new bonds, 1886-1895... J & J 20
reg..Q— 104% 104 14
J & J 72
4>98, 1891
COUP..Q— 104 104 14 6s, consol., 1905
100 >8 100%
68,
do
ex-eoup., 1905...J & J 60 14 60%
reg
4s, 11I07
101i« 10m
J & J 25
coup
6s, consol., 2d series
4e. 1007
101^8 10114
4
coup ...
68, deferred bonds
48, small
68, Currency, 1895-'99.. reg.. J & J laoiss 120'e
102 >4
102
105
A«lr.
t
108,1883-96
Dayton. O.— 8s
J
68, consols, 1893
105>4 Tennessee— 6s, old, '75-1900.. J
lOryhl 1050b
68, now bonds, 1875-1900.
1081-2 108»8
6s, now series, li)14
J
Texas— «8, 1892
reg. .J <t J 107^
7s, gold, 1892-1910
coup.. J ii .1 111
J
J
J
J
Bid.
Var.
Ky.— 7.30«
Dallas, TexRa—88, 1004...
30
7s of 1888
68, non-fundable bonds
reg. J A
coup.. J &
reg. -J &
coup. .J &
CITT BECDRITIX*.
Ask.
J
6s
coup
d»
Bid.
Rhode Island—68, 1882
«8,1894
South Carolina—68
UNITED STATES BONDS.
6e,
6a.
Statb Skcdrities.
Ask.
118
100
103
IDS
117
lOS
IOI>a 103
116
104
101
111
102 >a
104
107
106
J&J 112
JAJ 103
IIT
10»
114
113
106
107
109
107
113
104
08
Norfolk.Va.—68,r8g.etk,'78-85. .JAJ 04
111
..Vor. 107
88, conp., 1890-93
110>« 112
8s, water, 1901
MAN
)
In London.
—
.
J
F
i
J
THE CHRONICLE.
G48
1
'
[Vol. XXVI.
GENERAL QUOTATIONS OF STOCKS AND BONDS— Coxtinukd.
For Explanations See Notes
City Secorities.
Bid.
Norwich, Ct.— 5a, 1907
Orange, N. ,1.— 7s
Osweso, N. Y.— 78
Paterson, N. J.— 78, long
Petersburg,
88
Va.— 6s
J&J
J&J
8s, special tax
^hilaslclpliia. Pa.— 5s,
Cs, old, rcK
Boston & LoweU— New
do 6s, 1879
Bid.
A&O
78, '92.
Buff.
6s,
1896
Brad.& P.— Gen. M.7s,'96.J&J
Ask.
Railroad Bonds.
Bid.
Ask,
Cin.Ham.&D/-lstM.,7s,'80.M&N 100% 102
IIIOI2 111
A&Oi* 100
J&J 110234
Boston & Maine—78. 1893-94. J&J 111312
Bost. &N. Y. Air L.— 1st 78
102
Bost. & Providence— 7a, 1893. J&J 1115
New
ioi'
Var
of First Page of Quotations.
Eailkoad Bonds.
ABk,
103
A.&0
Head
at
2d mort., 78, 1885
J&J
Consol. mort., 78, 1905
A&O
Cin. II. & L, 1st M., 7a, 1903.J&J
Cin. Rich. & Chic- -lat, 7s, '95 J&J
Cin. Rich. & F. W.— Ist, 78, g...J&D
Cin. Sand'ky & a.— 6s, 1900.. F&A
101
103 14
114
.
116
"47I2 55
*f
96
97
'30
37
80
45
60
85
10812
Buir.N.Y.&Erie.-lst, 7s, 1916.J&1)
7s, 1887 extended
M&S 179
Buff.N.Y.&Phil.— l8t,6s,g.,'96.J&J
Consol. mort., 7s, 1890
J&D 133
35
Bur. C. R.& N.— lst,5s,new,'06.J&D
691* 69=8 Clev. Col. C. &I.— 1st, 78, '99.M&N 108
109
Bur. & Mo. R.— L'd M., 7s, 93.A&0 nils II2I2
Consol. mort., 78, 1914
90
J&D
Conr. 8s, various aeries
,I&J (110
Belief. & Ind. M., 7s, 1899... J&J
7s, water, rcg.& cp.,'93-'98 ..A&O
Bur.&Mo.(Neb.)— lstM.,8s, 94.J&J 1116 II6I2 Clev.&M. Val.— Ist, 78, g., '93. F&A
78, street imp., reg, '83-86
111
Var
8s, conv., 1883
J&J
S. F. 2d mort., 7s, 1876
M&8
Fortlaud, Me.— Gs, Municipal... Var
Bnr.&Southw.— lat M., 8ii,'95.M&N 12
15
Clev. & Pitts.- 4th M., Gs, 1892. J&J 108
Eailroad aid
Cairo & St.L.— lat M. ,7s, 1901.A&O
20
Var
Conwrt. S. P.. 78, 1900
110
PorLsnioutli, N. H.— 6s, 1893, RR..
Cairo & Vine— lat, 7s, g.,1909.A&O :29
31
Clev.Mt.V.&Del.— Ist, 7s, gold, J&J 1(2918
Ilia
Fouglikcepsie, N. Y. 78, water
93
ICalifor.
Pac—
97
Columbus
1st
M.,
7s,
g.,'89.J&J
ext.,
7s,
gold,
1901
H27-14
H' ""'
Providence, R.I.— 5s, g.,1900-5. J&J
2d M.. 6s, g., end C. Pac., '89.J&J
77
80
Colorado Cent.— 1st, 8s, g., '90. J&D •tlOO
6s, gold, 1900
Exten., 7s
60
Col. Chic. & I.
J & J
J&J
•ss-'s
39 la
Ist, 7s, 1908. A&O
6s, 1885
Camden A Atl.— 1st, 7a, g.,'93..J&J 108
2d mort.. 7s, 1890
S
F&A 1214 14
Kicbmoud, Va.— 68
2d mort., 7s, 1879.....
Chic. & Gt. East.. Ist. 7s,'93-'95.
J&J
A&O 101 103
50
60
88
Cam.& Bnr. Co.— 1st M., 6s,'97.F&A
J & Jl
C0I.& Ind. C, 1 St M., 7a, 1904.J&J
S3
85
Eocbestcr, N. Y.— 6s, '76 -1902 Var.
Canada So.— lstM.,guar.,1908,J&J 7614 76ii
do
57
2d M., 7a, 1904.M&N «.-)0
7s, water. 1903
Deb. certificates
75
76
Un.& Logansp..lst,7s, 1903.A&O *63i2 67
J & J[
Eockland, Me.— 68, '89-99, RK.1'"&.\
Cape Cod— 78, 1881
T. Logansp. & B.. 7s, 1884.. F&A
P&A no3 104
70
80
Sacramento, Cal.— City bonds, 6s
Carolina Cent.— 1st, 68,g.,1923.J&J
30
35
Cin. & Chic. A. L., 1886-:90
"99"
Sapramenfo Co. bonds, 68
IOII3
Ind. Cent., 2d M., '10s, 1882. J&J
Carthage* Burl.— 1st, 8s, '79.M&N
ib'i
Salem, Mass.— 68, long
112
t^ol. & Hock, v.— 1st M., 78, '97. A&O
A&o!
Catawisaa— 1st M., 78, 1882. .F&A »103 106
102 104
103
58, 1904, W. L
New mort., 7a, 1900
IstM., 7s, 1880
J&J
F&A 105 107
J&J 98 100
St. Josopb, Mo.— 78
2dM., 7s, 1892
Var.'
Caynga Lake— l8t,78,g.,1901.J&D
65
)i
J&J 90
Bridge 10s, 1891
65
90
Col. & Toledo 1st mort. bonda
Cedar F.&Min.— Ist, 7s, 1907. J&J
J & J
St. Louis, Mo.
Cedar R.& Mo.— 1st. 7s, '91. ..F&A tl02i2 103
Col. Springf.&
40
1 st, 7s,l901.M&S
6s cur., long bonds
103
Var. flOl
1st mort., 7s, 1916.
M&N no2H 103 Col. & Xcnia— 1st M., 78,1S90.M&S 104 100
Bs, short
Conn. &Passump.— M.,78,'93.A&0 tl02% 103
Var. t
Cent, of Ga.— Ist, eons., 7», '93. J&J 1051a 107
Water 6s, gold, 1887-90.. J & D fl<)41.2|
34
Cent, of lowii 1st M., 7s, g
38
Massawlppi, g., Os, gold, '89 J&J * t
do
do (now), 1892.
116
Cent, of N.J.— 1st M., 7s. 1890.F&A 115
Conn. Riv.— S.F. lstM.,6.s,'78..M&S 100 100i«
O 1041-2
lOlifi!
Bridge approach, 6s
82
SO
Conn. Val.— 1st M., 7s, 1901 .J&J
40
50
7s. conv
Eenewal, gold, 6s
40
Conn. Weat.— 1st M., 7s, 1900. J&J
19
20
Var.
do assented
'UKjii'ioiii
Sewer, 6s, gold, 1891 -'93
Connecting
Consol.
M..
(Phila.)—
63
..M&S
103
Var.
7s. 1899
Ist,
Q— 861a
St. L. Co.— Park, Os, g.,1 903.A & O
6938
do
Cunilwrl.Val.— l8tM.,8a,1904.A&0
assented....'
Currency, 7s. 1887-'8S....Var.
Danb'y & Norwalk— 7s, '80-92. .J&J 102 103
Am. Dock & Imp. Co.. 78
J&J 50
90
St. Paul, Minn.— 68, '88-'90.-J & D
30
51
55
Dan. Ur. Kl. & P.— 1st, 7s, g...A&0
26
L.&W.Coal. con8..7s.g'd,1900Q-M
104
78, 1874-90
40
103
1031,!
do
Dayton & Mich.— 1 st M., 78, '81.J&
assented
8s, 1889 96
9812 9914
98
Cent. Ohio— Ist M., (is, 1890'. M&S
2d mort., 7s, 1887
M&S 96
Var.
B. Francisco— 78, g.,City & Co .Var.
10818
3d mort., 7s, 1888
Cent. Pac.(Cal.)— 1st M., Os, g..J&J 108
A&O 90 92
Savannah, Ga. 78, old
Dayt. & West.— 1st M.,6s, 1905.J&J
Var.
State Aid, 7.s, g., 1884
J&J 107
911.
78, new
9112
90
1st mort., 7s, 1905
J&J 87
Var.i
8.Joa(iuin, lstM.,6s, g.l900.A&O
Sonierville, Mass.— Ss, 1895. .A&O
9258 93
Cal. & Ores(m, l8t,68, g.,'88.J&J
iDclawaro Mort., 68, g'd, "93. .J&J 104 106
68, 1885
IDel.&
Bound
92
93
96
B'k— Ist, 7s,1903F&A
J&J
Cal.A Or. C.P.bonds, 6s,g..'92 J&
t94
6>s8, 1884
Del. Lack.& W.— 2d M., 7s, '81. M&S
A&oi
Land grant M., 6s. g., 1890. A&O 92
1071a
Springticld, Mass.— Os, 1905.. A&O
Convertible 78, 1892
J&D too
West. Pacif.. Ist, 6s, g., '99. J&J I043j 105'
78,1903
70
73
Mort. 7s, 1907
M&S 103
Charl'te Col. & A.— 1st, 78, 90. J&J
A&O
Stockton, C»l.— 88
45
Denver Pac— Ist M.,7a,g.,'99.M&N 42
Consol., 7a, 1895
J&J
Toledo, O.— 7-30s, RR., 1900.
100
06
Den.& Rio (}.— Ist, 7s, g., 1900.M&N 62
Cheraw & Darl.— 1st M.,88,'88. A&O 103
&N
1877-89
107
6.-<.
69
88,
90
Dos M. & Ft. D.— lat,
70
2d mort., 7a
1904. J&J H
Var.
8s, water, 1893 & '94
108
28
Detroit & Bay
l8t,8s,1902.M&N *35
Var.
Chcsa.& Ohio— Ist. (>s, g., '99. M&N
Washington, D.C.—Sce Dist. of Col.
1st M., 8s, end. M. C, 1902. M&N *t70
lat, 6s, g., 1899, ex coup
Wilmington, N.C.— 68, gold, cou. on
Det.Ecl Riv. & 111.— M., 88, '91. .J&J
25
2d mort:. 78, g., 1 902
J&J
97i«
8s, gold, con. on
85
75
Dct. L. & Nortli.—lst,7s, 1907. A&O t95
Va. Cent., 1st M., 6s, 1880... J&J 105
Worcester, Mass.— 6s, 1892... A&O tlllifl II2I9
45
Detr. & Milw.— 1st M., 7s, '75. M&N ;35
do
3d M., 6s, ia84....I&J 80
Yenkers, N. Y.— Water, 1903
109
2dmcn-t.,8s, 1875
M&N ;35 45
do
4th M., 8.S, 1876 ..J&J 100
90
do
funding, 8s, 1877. J&J
Det.& Pontiac, lat M.,7s, '78.J&J
do
3dM., 83, 1886.F&AI
Cheshire—6s, 1890
J&J t99
Byl.Il.RO.lD BONDS.
68, 1880
J&J flOO I9OI2 Dixon Peo.& H.— Ist, 8s,'74-89.J&J 1103
Ala. Cent— IstM., Ss. g., 1901. J&J
32
35
Dul>nquc& .Sioux
Chester Val.— IstM., 7s, 1872.M&N
l8t,78,'83. J&J
Ala.&Chiitt.— lst,88,g.,g'd,'99.J&J
9
1st mort., 2d Div
J&J ios'
Chic. & Alton— Ist M., 7s, '93.. J&J II6I2
105
78, receivor'a certs, (var. Nos.)...
60
109
Dunk.A.V.& P.— lst,7s,g..l900J&D] 10
Sterling mort., 6s, g., 1903.. J&J :108
Ala. & Tcnn. Riv.— 1st, 7« .
20
Dutchess & Col.— Ist, 78, 1908. J&j! 10
Income, 7s, 1883
A&O 105
Alb'y & Susti.- 1st M., 7s. '88.. J&J lllifl
East Penu.— l8t M., 7s, 1888 M&S 103
116
Chic. B. & Q.— lat, S.F.,8s, '83. J&J 115
2d mortgage, 7s, 1835
do 7a, 1890
A&O 102
r&J moi8 IIOI3 K.Tcnn.Va.& (ta.— 1st, 7s,190().J&J 10212 103"
3d mortgage, 7s, 1881
83
88
90
E. Tenn. & Ga., 1st, 6s,'80S6. J& J
Con.aol. mort.. 78, 1903
J&J 113 114
Consol. mort., 78, 1906
85
90
E.Tenn.& Va.,end.,G8, 1886.
Bonda, 58. 1893
92
A&O
J&D t91
AUegh. Val.— Gen. M.,7 3-108..J&Ji 108 109
f(>9^ 70
Eastern, Mass.— 3ias, g.,1906.M&S
94
5s. 1902
A&O
East, oxten. M., 7s, 1910
A&O 87 93 Chic. & Can. 80.— 1st, 7s, 1902 A&O 13 211a Sterling debs., 6.s, g., 1906. M&S t74 77
Income, 78, end., 1894
A&O 23 26 Chic. Clin.&Dub.— 1st, 8s, '96. J&D 37 40 Elmira& W'msport-lst, 7s,'80.J&J 107 1081a
Amor'n Cent.- Ist M., 8s, '78.. J&J tlOO 10018 Chic. & East. 111., Ist mort. 6s
A&O
56
58
5s, perpetual
Ark. Cent.— 1st M., 8s, g., '91. .J&J
15
income M., 7s
20
Erie Raiiwii,v—
do
Atch'n& Pikes P.— l8t,6s,g.'95M&N 35
113=8
45
62
1st mort., 7s, 1897
Chic. & lowa^lst M.. 8s, 1901.J&J
Atch'n & Nel>.— lst,78, 1907.. M&.8
ISI&S 104
70
Chic. I'a& Neb.— IstM., 7a,'88..I&J (103
2d mort., 78, 1879
Atch. Top.& 8. P.— 1 St, 7s, g.,'99. J&J 1104 Is 10478 Cliic.& L. Huron— 1st 78, '99. .M&N
.M&S| IO714
3d mort., 7s, 1883
Laud grant, 7s, g., 1902'
A&Oi 104
4th mort., 78, 1880
A&O 110313 104 Chic.& Mich.L.Sh.- 1st, 8s,'89.M&8 f75
Consol. mort., 7s, g., 1903. ..A&O i87i8 87%
IAD 107
5th mort., 7s, 1888
Ist mort., 8s. 1890-'92
Var.
Land income, 8s
M&S 110 112
Sterliug, 6a, gold, 1873
J&J tl07 107 12 Chic. Mil. & St. Paul—
Atl'ta & Rich'd A. L.— 1st, 8s.. J&J
30
40
J&J :io3 105
123
l8t cons., 78, gold, 1920
P. D. lat mort., 8s
F&A
95
Atlantic & Gt. Western—
J&D )93
110
2d cons., 7s, gold, 1894
P. D., 2d M., 7 3-108, 1898.. F&A
lat mort., 78, gold, 1902
Debentures, 78, g., 1903 ....(J—
30
J&J 128
St. P. & Chic, 78, g., 1902.... J&J IO6I4 106%
98I4
02
;61
2d mort., 78, g., 1902
13
Recon. trustees' certs., 7s
M&S ;ii
Mil. & St. P., 2d M., 7s, 1884.A&0
6I3
3d mort.. 7s, g., 1902
Long Dock mort., 7s, 1893.. J&D 109ia IIOI2
La. C, IstM.. 7s, 1905
J&J 111
M&NJ
99
Leased L. rental, 78, g., 1902.J&J t42
46
Erie & Pittsb.- l8t M., 7s, '82. J&J
I. &M., Ist M., 7s. 1897
J&J 104 103
do
J&J 80
do 78,g., 1903.J&JJ tl7
20
Cons, mort,, 7s, 1898
Pa. & D.ak., Ist M.. 7s. 1899. J&J 102 14
A&O
78
West. ext. certifs, 8s, 1876.. J&J 26
30
Equipment, 7s, 1890
Hast. & Dak., 1st M.,7s, 1902. J&J IO214
do
do
Europ'n & N.Am.— 1st, Gs, '89. J&J
30
110
7s, guar. Erie 126
Chic. & Mil., Ist M.,7s, 1903. J&J 108
Atlantic & Gnlf— Cons. 78, '97. J&J
M&S
Land gr., 6a, g
89
91
Ist mort., consol.. 7s, 1905. .J&J 10238 IO2I2'
Consol. M., 7s, end. Sav
40
Bangor & Piac. 6 & 7s. '99.. .A&O
Chicago & Northwest105
Ist mortgage, 7a, end
Evansv. & Cr.awf.— 1st, 7s, '87. J&J 101
J&J 88
Sinking fund, 1st M., 7s, '85 .F&A 110
97I3 100
65
55
S. Ga. & Pla., Ist M. 7s. 1889.M&N
Evansv.T.H.&Chi.— 1st, 78, g.M&N
107
Interest mort., 78, 1883 ....M&N
At.Miss.&Ohio.— Con8.,g. 1901.A&O +29
31
Consol. mort., 7a, 1915
Q— iio' 11038 Flint& PereM.— l8t,l.g.88,'88.M&N *83 87
30
M&N
Com. bondholders certs
1902
8.
F.,
8s,
129
31
Cons.
Exten. mort., 78, 1885
F&A
Atl. & St. Law.—St'g 2d, 68 ,g. A&O }10fi
107
Flint & HoUr, 1st, 10s, '88. M&N *50
Ist mort., 7.S, 1885
F&A lOS?!
Bald Eagle Val.— IstM., (is,'81.J&J
9358 99
Bav ('.& E. Sag.— 1 st. 103„S2.J&J 100
Consol., gold, 78, cp., 1902.. J&D
60
Baltimore & Ohio— 6s, 1880. ..J&J 103 14 10351
Holly W. & M.— lat, 8s, 1901.J&J
99
do
reg
do
6s, 1885
Flushing & N. S.— 1st, 7, '89. .M&N
A&O 1041a 103
107
Iowa Mid., 1st M., 88, 1900. A&O
M&N
Sterling, 68, 1895
M&9 ;i08 110
2d mort., 78
Gal. & Chic, ext., Ist, 7a,'82.F&A 107 14
M&S
Sterling mort., 6s, g., 1902. .M&S ;i08
110
113
Cent. L. I., Ist, 78, 1902
Pcniuaula, 1st, conv., 78, '98. M&S 110
do
Cent, extcu., 78, 1903
6s, g., 1910.
107
115
tl05
Chic. & Mil., 1st M., 7s, '98. .J&J 111
'89..
J&J
&S.—
Ist.
8s,
Bait. & Pot'c— Ist, 68, g., 1911 J&J :86
Jack.
W.
ext.,
7s,
97
Ft.
88
Madison
g., 1911. ..A&O 1I9658
97I8 Ft.W. M1U1.&
l8t. 78, g.,'89.A&0
1st, tunnel, 6s, g., g'd, 1911. A&O
90
Menomiuee ext., 78, g., 1911. J&D 1197
t88
70
1st,
78,
1891
t50
LowellBoUev.&S.Ill.— lat,8.B\8s,'96.A&0
&
Fram'gham
90
LaC.'lr.&P.,lst M.,10«,'78.A&0
5
20
(notes), 8a, 1883
Bclvidere Del.— l.st,6s,c., 1902. J&D 104
do
103
Northw. Un.,lat, 78, g.. 1915.M&S 1l90
84
2d mort., 6s, 1885
Gal.IIav.& S.A.— l8t,68,g.l9U).F&A '82
M&S 101 102 Chic. & Pad.-lst M., 7s. 1903. .I&J
82
79
Gal.IIoiis.&H.— l.st,78,g.,1902.J&J
3d mort., 68, 1887
F&A 91 95 Chic. Pek.& S.W.— l8t, 8.s,1901.F&A
J&J 108 110
Boston & Albivny— 78, 1892-5. F&A 1115
II5I4 Chic. R. I. & Pac—
Georgia—78, 1876-90
68....
08,1895
J&J noGia 107
S. P., income, 6s, 1895
F&A 108
Best. Cliut.& F.— 1 st M., 68,'84. J&J *t85
90
6a, 1917, coup
J&J 109% IIOI4 Oilman Cl.&Sii.—l8t,7s,g.l900M&S
96
94
1st M., 78, 1889-90
J&J *iS5
90
6s, 19X7, reg
.T&J 109 la IIOI4 Gr.Rai). & Ind.— 1st, l.g., g'd, 7a, g.
801a 82
N. Bedford RR., 7s, 1894.... J&J *f 99
lat M.,7a, l.g., gold,not guar. A&O
W.—
lst,7s,
90
100
Chic& 8.
g. g'd,'90. M&N
50
43
Ex hind grant, lat 78, '99
Bost.Conc.&Mou.—.S.F.,6s,'89.J&J *t90
92
92
Cin. & Indiana- Ist M.,7s,'92.J&D
90
Qreeuv. & Col.— 1st M., 7s, "guar
Consol. mort., 78, 1893
A&O UOO 101
J&J
2d mort., 7s. 1882-87
36
Bonda, guar
Boat. nart.A K.— Ist, 7s, 1900. J&J
22
72
73
Cin. &8p.— lst,7s, guar., 1901. A&O
10
l8t,7s,'90.M&N
Hack's'k&N.Y.E.—
Ist mort., -78, guar
Laf.&
63
75
Cin.
Ch.— 1st, 7s,g., 1901. M&S
J&J 19
res
J<feJ
J&J
J&J
Pittsburg, Pa.—4s, coup., 1913.. J&J
5s, reg. and coup., 1913
J&J
6s, new, reg
mo
.
M&N
—
C—
M&
.
[
.
'
i
—
C—
'.
—
A&
1
M&N
. .
M&N
[
.
—
1
—
I
!
M
C—
C—
.
.
M&N
.
M&N
M&N
-
I
•
M&N
M&N
C—
.
*
Price nominal
i
no late transactions.
I
The purchaser
also pays accrued interest.
{luLoulon.
H In Amsterdam
—
JUNB
—
J
.
—
.
J
J
THE CHBONICLE!
29, 1878. J
649
GENERAL QUOTATIONS OF STOCKS AND BONDS—CofrnNUBO.
For Explanation* S«« Note* at Head of Firat Pmge ot <|aotatlona.
Railboad BovDa.
& Nap.— let, 78, '88.M&N
ITannllial
Han.
A St. Jo.-Conv. 88, 188S.MAS
A&O
IjhkI fn*ant8
& Pal.. l»t.8». 1892.F&A
& Cam.. 1b(. lOs.'lfJ. J&J
Oiiiiii'y
K;uiH. C.
Hurl. A- I'ortcliestor— 1st M.78,.A&0
Hnrrish. P. Mt.,I.& I.-— lRt.68. .J&J
Hiiiir.l>r(.v.*P.— l8tM..7s,'7a.J&J
HcuHMlimic— let M.. 78, 1885. F&A
J4J
<is, ls-<!)
ndiistiiii .t
A&O
A&O
M. 78, 1895
niinois Contral—
Sil
45'
tl03
104
•108
1107
105
100
.58, g.,
1903. .A&O
Sterling, Ken. M.,6a,B.,180.'>.A&O
do
.58,1905
J.feD
Ist M., 8r, '90.A&O
luirpolisIirni.A W.— l8t,78,g.A.feO
2<i nioit., Sa, 1890
,I&J
Kxtcns'n Ist M., 78, g., 19ia.,rife.I
Ind'poliH C'in.& L. -ist, 78, '97.FJcA
3d
Tr—
nii)it.,78.
Ind'aiH)lis
Ind'polisA
&
8t.
1809
.
Kxtcn. bonds, 68,
Cona. 78, 1912
78,'88.A&0
Conv.
t-V,
F&A
1892
Ionia >V Lansing— 1st 88, '89. ..J&J
ra Falls \- Sioux
Ist, 78,'99A&0
Itliaea & Athens.- l8t m., 78,g.J&J
C—
Jaehson Lansing
& Sagtoaw-
North Exten.,
88,
M&N
1890
M&8
Consol. mort.. 88, 1891
2d
1878
Janiost. & Frankl.— Ist, 78, '97..I&J
2d inort.,78, 1891
J&D
Jefferson— Hawl'y Br. 78, '87.. J&J
Ist niort., 78, 1889
J&J
J< ff. .M.ad.& Ind.— 1st, 78,1906.A&O
2d mort., 78, 1910
J&J
Indpcii8& Mad.. l8t.78,'81.M&N
Joliet & Chic— l8t M.,88, •82. .J&J
JunotionRR.lPhil.)- l8t,68,'82J&J
2d mort.. (is, 1900
A&O
Kalamazoo A1.& «r. R.- Ist, 88. J&J
Kal.& .^ehoolcraft— l8t,88, '87. J&J
Kal.& Wh. Pigeon— 1st, 78, '90.. J&J
Kau8. C. 8t. Jo. & C. B. lStM.,C. B. &8t..Ios.,7e,'80.J&J
K.0.St.Jo8.&C.B., M. 78.1907.J&J
do inc. bda, ig.,(is,1907.A&0
Kans. C. & 8. Fe.— 1st, 10s.90.M&N
niort..
K.C.Topeku&W.— Ist
M.,78,g.,.J&J
A&O
In<'onie 7s
Kansas PacWo—
Ist mort., Gs, gold, 1895
F&A
Ist mort., 68, g., 1896
J&D
Ist mort., 1. gr., 7s, g..l899-M&N
Land 1st mort., 7s, g., 1880. J&,I
I>and 2d mort, 78, g., 1880. .M&S
.
Leav. Branch, 7a, 1896
M&N
Income bds.No. 11,78, 1916. M&S
do
No. 16,78, 1916..M&.S
Keoknk&DcsM.— l8t,7s.l904.A&0
Funded Interest, 8a, 1884. ..A&O
Keokuk & St. P.— Ist, 88, '79. A&O
Laf. K1.& Miss.- Ist, 78, g.,'91.F&A
Laf.-Munc.&Bl.- l8t,78,g.l901F&.\
Lake Shore & Mich. So.—
M. So.& N.I., 8.F.,l8t, 78,'85.M&N
Cleve.
& Tol.,
do
CI. P.
&
lat M.,78, '85.. J&J
2d M.. 78, 1886.A&0
A8h., 2d M., 78, '80.. J&J
do
3d M.,78, 1892. A&O
Baff.&E.,newbd8, M.,78,'98.A&0
& State L., 78, 1882.... J&J
Dct. Mon. & Tol., 1st, 7s, 1906.
Lake Shore Di v. bonds
A&O
Buff.
.
8.& .M. 8., cons., cp., l8t,7a.J&J
do cons.,reg..l8t,78,1900.Q—
do cons., cp., 2d,78, 1903.. J&D
do cons., reg.,2d, 78,1903. .I&D
Lawrence— Ist mort., 78,1895.F&A
L.
Leav. Ijiw. & G.— Ist, lOs, '99. J&J
South. Kans., Ist M., 88,1892
LeWgh & I.iick.— 1st M.,7s, '97.F&A
Lehigh Val.— lat M.,
2d mort.,
Oen. M.,
6.s,
1898. J&D
1910
M&S
r., «8, g.,1923....JAD
78,
8.
Delano Ixl Co. bds, end.,78,'92J&J
Lewisb. & Spruce Cr.— ist, 7s. M&N
& Karin'gt'n, Gs, 1901.J&J
& Ken., Ist, 68, '83.. A&O
Cons. M., 68, 'OS.A&O
Mansf. & Fr'ham.— Ist. 78,'89..J&J
Marlet ta & (;incliumti—
let mort. ,7a, '91
F&A
Sterling, let M., 78, g., 1891. K&A
Fortl'd
do
95
85
84
75
108
110
25
30
06
87
86
77
2d luort.,
3d mort.,
Scioto
U—
&
Coueol. 78
101
.Marq'tte Ho.
Norw'h&Woro'r- l8tM..68.'07.J&J imi
Ogdnsb'g&UCh.-l«tM.0B,'98J*J 1102
00
100
05
1890
Ohlo&Miaa.— Cons.
95
102
JAJ
A&O 96>s 59
Creek- l8t M., 78, 1882... AAO 83
8fi
Old Colony— 68, 1807
B'&A 110213 103
85
80
82
28
83
20
Om»h»&N.W.— let, l.g.,7.3,g.J&J 80
Omaha&S.W.- letM.,88,lS93.J&D 111%
OrnngoAAloxandrla—
2dnmrt.,78, 1911
Oil
I
68,
78,
I2I3
I3I4
80
95
80
85
00
J&IJ 11021a 103
1112 113
1805
1805
M&8
40
91
A&O
;35
40
03
Oregon&Cal. latM.
7h, 1890.
lat .M.,78. 1915.M&N
lOsw. & Syracuse— Ist, 7a, 'SO.M&N
Ott. Osw.
Fox R.-M., 8s, '90.J&.)
Osw.&Rome—
&
100
86
40
09
74
40
20
M&N
86
70
34
.
30
il2i^
l8t mort., Gb, '73. M.& N. . .:
2d mort., Ga, 1875
J&J
3d mort., 88, 1873
4th mort., 8b, 1880
M&S
Or. Alex.& M., 1st M., 7a. '8'2.J&J
JPaeitleof .Mo.— lst.M.,68,g.,'88.F&A
2d mort. ,7s, 1891
J&.I
Car. B., lat mort., Ga, g. '03..
!
A&O
M&A
I
Income, 7a
12
86
11 i"
1041a 104<)b
O8I2 00
i'lo"
50
50
55
—
1910.A&<J IO8I3
92
10
03
55
45
95
Navy Yard, 6a, reg., 1881
88
J&J 100
lllifl
1
89
100
102
Ponn.&N.Y.— lat.7a,'96&190G.J&D
M&N
100
109
97
981a Peoria & Hannibal— lat, 8s. 1878
85 iPeoria Pekin & J.— lat, 7r. '94 J&J 20
83
do
Ex coup
tl02
111 jlPeoria&R'k I.— lst,7s,g.,1900.F&.'
M!a8.& Tenn.— Ist M., 88, series "A" 109
1100 103
iPerkiomen— let M., Ge, 1897. A&(,
do
88, series " B"
831a 86
193
55
96
C. M.,guar.,P.&.R.,Gg.,1913.J&D
M.Ouach.&Red R.— l8t,T8,g'90.J&J
*99
80
100
Petersburg— l8t M., 8s, '79-'98.J&.I
Mo. Kausas & Texas
20
40% 421a 2d mort., 88, 1902
J&.7
Ist mort., 78, gold, 1004-6.. F&A
Ist, 68. g., 1899. (U. P. 8. Br.)J&J
571a 58 14 Phil. & Ene^lst M., Gs, 188 1. A&O 103
74
10
80
2d mort., 7s, 1888
J&.I 101
2d mort., income
84 la 00
2d mort.. guar., 6a, g., 1920. J&J ;oa
Han. & C. Mo., let 78, g.,'90.M&N
831a
1105 105 14 Mo. F. Scott & G.— lat., 10s, •99.J&J
Philade.phla & Reading—
82
86
lat mort.68, 1880
2d mort., lOs, 1890
JAJ 1051a
A&O 14
100 100 l2i Mob. & Mont.— Ist, end. Ss, g.M&N
54
57
l8tmort..78, 1893
A&O no
110
57
Debenture, 1893
Mob.&Ohio— Ist.Bter.Ss.g. '83.M&N 54
J&J 40
104
57
Mort., 7a, coup., 1911
Ex. certif., ster., 68, 1883.. M&N
54
J&D 101 13
104
Gold mort.,Ga, 1911
J&D
Interest Sa, 1883
M&N 40 45
98 ll00i->
New convertible, 78, 1893. J&J 55
20
2d mort. ,88,' var
March 15
83
30
45
G. 8. f.. $ & £, Gs, g., 1908.... J&J :61
88
Montelair & G. L.— Ist 78. (new)
100 102
4
Coal & I., guar. M., 78, '92.. M&S
2d mort., 78 (old mort lets)
7
Phll.Wil.&Balt.—6s. '84-1900. A&O 104
Mont.&Euf.— l8t,end.8s,g..'86 M&S 28
35
198
100
Pitts.C.&St.L.- lstM.,78,1900.F&A
88
MonticoUo&Pt.J.— lst.78.g.'90Q—
Morris & Essex
2d mort., 78, 1913
.A&O
t89>3i 91
35
Pittsb.&Con'Usv.— l8tM.7s,'98.J&J
Ist mort., 78, 1014
041a
M&N 1171a
25
50
Sterling eons. M., 68, g., guar. J&J t07
2d mort, 78, 1891
F&A 107
ilOO 107
Construction, 7s, 1889
Pltts.Ft.W.&C.-l8tM.,78,1912.J&J 121
80
F&A
95 100
Bonds, 1900
2d mort., 78, 1912
J&J 110
I&J
A&O 108
General mort., 7s
3d mort., 7s, 1912
A&O 100
102 M 103 "4
Consol. mort., 78, 1915
Equipment, 8«, '84, nil paid. M&S lOG
J&D 92%
Naah.Chat.&St.L.— l8t,78,191oJ&J 100
101
Pitts. Titiisv.A B.— New 7s,'96F&A
951a 97
461a
6712 68 13 Nashv.&Decat'r.— l8t,78,1900.J&J 100
5
Port Hur.&L.M.— lat,7s.g.,'99 M&N
O
95 100
.Vashua& Low.— 6a, g., 1893. F&A 1102 10214 Portl'ud&Ogb'g— lstG8,g.,1900.I&J
10
32
38
Nebraska— let, 78, end. B.& M. Neb. 105
Vt. div., Ist M..<i8,g., 1801. .M&N
34
Portl.&Roch.- latM.,78,1887.A&0
37 "a Newark & N. Y.— 1st, 78, 1887.J&J
75
12
15
PucTjIo & Ark. V.— lat, 78, g., 1903.,! lOOig
New'kS'set&S.- l8t,78,g.,'89.M&N
10
15
Quincy&Wars'w- l8tM.,88,'90.J&jmO
S.IIaven&Derbv, 1st M., 78,'98.Var
88
92
70
75
Reading & C'ohimbia 78
N. II. & N'th'toii— lstM.,7s,'99.J&J 104
108
80
Ben.&S'to^'a- l8t78,1921con..M&N| 115
Conv. Gs. 1882
87
A&O 84
115
100 Is 101 la N. J. Midl'd— 1st M., 78, g.,'95.F&A
22
1st 7a, 1021, reg
24
60
Rich'd&Dan.- C.M.,6a,'75-0O.M&N 71
2
6
2d mort., 78, 1881
F&A
27I2
A&O 96
Piedmont Br., 8s, 1888
60
22
N. J. Southern— Ist M., 7a, '89.M&N
85
Rich. Fred. & Potomac— 68, 1875.
60
N'biirgh&N.Y.— Ist M. 7s, W88.J&J
J&.I 100
10914
Mort, 7a, 188 1 -90
N. I.«n.&North.— Ist M.,68,'85.M&S
104
8a,
"SO-'SG.
A&O
111
Rieh'd&Petorab'g13
2d mort., 78, 1892
J&D
M&N 95
Newmort., 78, 1915
111
N.O.Jack.&Gt.N.— l8tM.,88'86.J&J 110 112
105
RomeWat'n&O.— S.F.,78,1801.J&D
2d mort., Ss. 1890, certifs ..A&O 100 103
J&J
111
2d mort., 78, 1892
2d mort. debt
A&O 96 100
AAO 32
Consol. mort., 78, 1904
111
N.O.Mob.&Cllatt.— lBt,88,19I.5.J&J 32
38
105
Rutland— 1st .M., 8a, 1902. ...MAN 175
20
N.Y.B08t.&M'nt.-l8t,78,g..'89F&A
MAS 150
Equipment. 8a, 1880
109 1093a N. Y. & Can.-£ M.. 6s. g., 1904.M&N V06'
92
MAN 157
E(|iiipment, 7b, 1880
111
Now York Cent. & Hud.—
J&,l
91
.M.&N.—
lat,
78,1902.
113
Sandiiakv
Mort., 7a, coup., 1003
J&,I 121% 122
5
Savannah&Chaa.— lBtM.,7a,'89J&J
110 111
122
Mort., 78, reg., 1903
J&.I
'6a,
30
giwr.,
1877.MAS
Sav.,
100 101
Subacription, Os, 1883
M&N ib4% 104 "a Chas.A
95
Scab'd&Roan'ke— 1 St M.,7s,'8 1 FA A
99
116
Stcrlinginort.. 68, g., 1903... J&,I ;ii5
991a
8ham.Val.& P.— l8t,78,g..l00lJ&J *94
N. Y. C, premium, 68, 1883. M&N lom 105
36'
I&B 105 106 Shebovg'nA F^lu-L-1 8t,7s,'8.lJ&D
do
68, 1887
Shore "L., Conn.— Ist M.,7a.'80.M<t8 "66"
105
do
real est.. 68. 1883. .M&N
IIII4 Siou.xC.&.St.P.— IatM..88,1901.MAN
Ilud. R.. 2d M., 7s., 1885... J&D
89--S8
55
Sioux C. & Pao.. l8t M., Ga,'08.JAJ
108
110
90
N. Y. Elevated. Ist Mortgage
So.&N.Ala.— l8t,8B,g.,oml.'0O..JAJ
114 115
N.Y.&Harlem— 78,ooui).,1900.M&N 120
:oi
MAN
96ifl 97
120% Sterling mort., Gs, g
M&N
78, reg., 1900
85
South Carolina.—
6
N. Y.&Os.Mld.— l8t M.,78,g, '94.J&J
J&J
Ist mort..78,'82-'88
1
M&N
2d mort.. 78, 1895
65
«2
19
98
91
110
Kalamazoo&S.H.,l8t,88,'90.M&N
do
170
Ga, reg.,
Cons.inort., Gs, reg., 1905.. Q—.M
6a, coup., 1905.. J&D
do
Mich. L. Shore
l8t M., 8.s, '89.J&J
.Mil. & North.— Ist, 88, 1901... J&D
Minn. & St. Louis, Ist mort
Miaa. Ceu.— lat M., 78, '74-84.
2d mort., 8s, 1886
F&A
.
100 la
05
031a
.
.
112
100 !«
40
.
.
I
]
:
60
91
25
105
lOZ
92
106 13
113
50
103Ja
57
63
89>s
05
00
1'22
108i«
108
48
10
100%
1101a
72
07
34
77
60
59
93
10
40
101
95
"ei"
—
.M&N
A&O
M&N
no late transactions.
102*4
lO-^ie
Cons, mort., 78, '08
'
M&N
M&N
m
30
77
67
60
60
8.
1104
F.7ii,'98.JdtJ 102
100
100
95
. :
108
M&8
S. F.. 8a.
Consol., 78, 1902
110% llOia Paiuima^-Steri'gM., 78, g. '07.A&O (106 108
105
let M. Air Line, 88, 1890.... J&J. 1105
PariR&DanvlUe-lst M.,78. 1003.
36'
96
Parla&Dec't'r- 1 RtM..7a,g.,'92.J&J 120
1st
do
guivr
04
88,
5
PekinL.&Dec— 1 St M.,7s,1900. K&A
Kquipmont bonds, 88, '83.. .A&O
'80.
Pennsylvania—
107
RIv.
108
1
st
.M.,
Gs,
J&J
1061a
Gd.
v., l8t 88, guar.,'86.J&J
109 !« lioia
90
General mort, Gs, coup., 1910 Q
do
2d mort., 8e, 1879. M&S 160
I
;
Northern Cenfl Mich.— let, 7b
Norlliom. N.J.— lat M.,78,'78 JA.I
i
I
Bid.
08
106
00
,
A&O
J&D
Price nominal
.
106
Louisville
Nashville—
Con. let mort., 7e
104 »8 105
2d mort., 78, g., 1883
8738
Louisville loan, Ga, '86-'87..A&0
Let). Br. ext.. 7s.'8()-'85
1*1). Br. I.<>ui8V. I'n.Ga, '93..
Meni.& 0..8tl., M.,78, g.,1901
105
;103
M.& Clarksv., st'g, M., 6», g.F&A !93
95
*
M&N
J&J
M&N
1896
1890
188
188
too
193
(99
too
J&D
& O.— Ist, 88,'92.F&A 20
Mar. & O., M., 88, 1892
tl08 illO
J&D 100
:99
99
H<uigliton & O., l8t, 8s, '91. ..J&J 30
25
110 no's l-Maaa. Central— Ist, 7s, 1803
18
Memp. & Charl'n— l8t,78,'80.M&N 99
'ih
2d mort., 78, 1885.
J&J 84
35
Mcin. & L. Rock— Ist, 8s, '90. M&N
*55
61
Mich. Con.— l8t M., 88, 1882.. A&O llOia
199
M&S
&
78,
Ss,
Hoi^k.Val., lat, 7a..
&
A&O 104%
.
&
Bait. Short L., 1st, 78. 1900. .J&J
Cin.
Bait., 1 at. 78, 1900. . .J&J
Marietta I'. & Clcv.— Ist, 7b, g., '95
Ix-x'tiiri&St.
lat,6a,g.,19(10J&J
Little .Miami— Ist M.,0a.I883.M&N
961s 981a
L. Ko(tk& Kt.S.— lat,l.gr.,78'95.J&J *t45
55
Little Sclmylkill— l8t, 78, '77.
Loni,' Island— iRt M., 78. 1890.M&S
100
98
Newtown Fl.. 7b, 1903 .
80
N. Y.& Koekaway, 78, 1901.A&0
80
Smithl'n Pt. Jeff., 7s, 1901.
Lonis'H
.Mo.U.— Ist, 78. 1900F&A
98 >s ibo"
Lou'v.C.& l-ex.— l8t.,78,'97 J&J(ex) tl03
1031a,
2d mort., 78, 1907
,....A&0
&
&
A&O
Railroad Boxm.
Ask.
I
J&J
1st niort., 8s, '85
1000... A&U
Leeds
110
108
106
102
L.— l8t,78, 1919. Var.
2dniort., 78, 1900
A&O
Ind'apoll.tA Vhi.— Ist, 78,1 908.FA-A
2d inort., Cs, g., guar., 1900.M&N
Intern'l & (it.No.— Int. Ist, 78. A&O
lloust.&Ot. No.,l8t, 78, g. ..J&J
g.,
An<Irnae4ig.& Ken., 68, 1891. F&A
,T&1)
inn.. 1st,
Bid.
L. Pndaoah & S.W.—Ss, 1800.. M&8 1I2I
Uooon & Aug.— 2d, cna..78,'79.J&J »«
Maine Cent.— Mort. 78, 1898. .J&J 1104
70
92% 93
iBt iiiort. Chic.&8prin»ff.'9S..I&J :104
Sterling', 8. F.,
ni. Gr;mil
Railroad Bonds.
T«xa8 Cuntral
iKl.Ts, ^'.,'<tl
J&j
West. Uiv., Ist, 78, r., 1891.. J&J
Waco AN. W.. l8t, 78.iit.,100a.J&J
Cons', uiort., 88, 1912.'
Hunt. & Br.Top-l8t. 78, '90..A&0
2il niort., 78, (,'., 1895
F&A
Cons.
Ask
Bid.
1
.
Receiver's
do
27
20
ct^rtif s. (labor)
(otiier)
do
Ist, sterl. mort., 58,g.,'82-'88.J&J
34
25
AAO
Bonds, 78, 1902, 2d mort.
AAO
Bonds, 7s, non. mort
•79..MJk8
Southern of U 1. -M., 78,
South Side, U l.--lat. 7, 1887..MA8
S. K., 2d, 7a,1000..M&N
do
louth Side, Va.-l at, 8»,'84-'90.JAJ
. . .
NY.Prov.&B'u— Gcu.78,1890.J&.I
Norfk&Petersb.- l8tM.,88,'77.J&J
l8t mort.. 78, 1877
JAJ
ioti
mort., 88, 1893
J&J
North t.arollna- M., 88, 1878.
J&J
North Missouri- Ist mort
North Penn.— let M., 68, 1885. J&J
2d mort., 7s. 1806
I&.I
Gen. mort., 78. 1003
Northeaatorn-Ist M., 88, '99..M&.S
M&S
2d mort., 88, 1899
Northern Cen.— 2d M., Gs, 18S5.J&.1
A&O
3<1 mort.. 68, 1900
Con. mort., Gb, g., coup., 1900.J&J
68, g., reg., 10(K)
1.fcl
Mort. bonds., 58, 1026
05
110
10658 108
109 la 110
2<I
M&N
94
00
100
M&N nils
A&O
Con. mort, Btg. Gs,
g.,
1904. .J&J
.
The puroluuor also pays aoorneil
107
105
00
106
2d
,1d
15
107
mort., Ga. 1 M84-'0O
mort., «a. 1886-'90
JAJ
JAJ
7R,'90.guar.K*A
So.Ceu.lN.Y.)So. Minnea'trt-lstM..Ha,-78-88JAJ
7a
Ist mort.
3o.Pao.,Cnl.— l»tM..GB,g..l9a5.J&J
Southwesteniliia.)- C<mv.,78,188e
Var.
Muscogee R.U.,7a
Ist
108
100
'
101
941a 0514 Steubenv.&lnd.— latM.,r«i.'84.Var.
3t.l,.Alt.&T.H -let M..78,-94.V«r.
93 ^ 95
;
40
50
;86
88
IntonMt.
03
87
2d
2d
:
uiort., pref., 7«,
1894
Ineonie, 7b, 1804.
In London.
F&A
..MAN
^ In AmBtardam.
88
35
103
75
86
36
70
08
00
4A
100
101
.50
75
94
•93
no
7OI4
30
96
120
86
87
M
F
J
.
THE CHRONICLE.
.650
GEiSTERAL QUOTATION'S
For Explanations
Railroad Bonds.
Bid.
Bt.L.&IronM't— Ist M., 7s, '92.t&A 107%
M&N 60
2flmort..78, g., 1897
A&O
Cons, mort., 78, g., 1914
69 13
Ark. Br. 1. gr., M., 78, g., '97.J&D
48
Cairo Ark. & T.,l8t,78.g.,'i)7. J&D
Cairo* Fill., l8t,l.g.,78,g.,'91.J&J 74
85
8t.L.K.C.&N.2d(r'l e8t.),78,'95 M&S
25
St. L.& 8.E.— Con. M..78, g.,'94M&N
F&A
3
l8t, C0U8.. 78, g., 1903
Evausv. H. & N.,l8t,78, 1897. J&J •40
'See
OF STOCKS AND BONDS— CoxTivtrED.
Notes at
Head of
1869,78
J&J
St. Vincent &B.. 78
do Receivers' certfs., 10s. J&J 1192
Summit Br.— 1st, 78, 1903
J&J *i80
Sunhiiry&Erie— IstM., 78,'77.A&0 110
55
Susp.B.&EiicJunc— Ist M.,78
Syr.Bing.&N.Y.— l8tM.,78,'77.A&0 102
Terre H.& Ind.— 1st M., 7s,'79. A&O 100
M&S 80
Texas &Pac.— Ist M., 68, g
Coiisol. mort., 6s, g
J&D 50
Tol.Can.S.&D't— lst,7s,g.l900J&J 42
97
W.—
l8tM.,E.D.,7s.'94.J&D
T0I.P.&
97
Ist mort., W. D., 7a, 1896...F&A
of
35
50
50
50
50
100
100
100
100
50
50
100
5
2d mort., W
D., 78, 1886.. ..A&O
Burl. Div., Ist, 7s, 1901
J&D
do
Cons. M., 7s, 1910. .M&N
Stol. Wab. & W.— Ist M., 78,'90.F&A
2dmort., 78, 1878
Equipment, 7s, 1883
Cons, mort., 78, 1907
Ist, 8t. L. div., 78, 1889
Gt. West., lU., Ist. 78, '88...
do
do
Q'ncy &
M&N
M&N
Q-F
F&A
F&A
do ex ooup.F&A
2a, 7s, '93...
Tol., Ist, 78, 1890..
la., Ist, 78, '82
M&N
M&N
&8.
85
65
102
82
60
100
100
100
100
do
Pref., 7
Chicago Burlington & Quinc}-. .100
Chicago & East Illinois
100
Chicago Iowa & Nebraska
Chicago Milwaukee & St. Paul. 100
Pref., 7.100
do
100
Chicago & North Western
Pref., 7.100
do
Island
100
Chicago & Rock
100
Cln. Hamilton & Dayton
50
Cln. Sandusky & Cleveland
Pref., 6.50
do
29
86
10
45
85
98%
75
Bid.
Ask.
& S.vracuse, guar., 9.
Pacitic of Missouri (new)
301a Oswego
8;
85
120
50 J30
50
50
100
50
«6
100
100
1(X)
55
Pennsylvania Railroad
341a Pennsylvania Company
25
do
Pref
40
Petersburg
PhUadelphia & Erie
do
35
78
.50
.
.
Panama
Pref., 8
&
3OI9
.50
50 §16
16%
50 5;
102
Phila. & Trenton, leased, 10.
100 '6122 123
106 14 106=8 Phila. Germ'n & Nor., I'sed, 12. .50 59514 96
4
Phila. Wilmington & Bait
50 §6214 G2\
xH8 119 Pittsburgh Cincinnati & St. L...50
52I4, Pittsb. & Connellsville, leased. 50
52
8II4 Pittsburg Titusville & ButTalo. .50
5I4
81
4314 Pittsb. Ft. W. & Chic, guar., 7.100
48
73%!
73
Special, 7.100
75
do
117 117% Portland Saco& Port8ni.,l'sed 6 100 85
85%
14
10
3
Portsm'th Gt. Falls & Conway. lOi
438 Providence & Worcester
5414
100
33
^30
100
28% 29
Pueblo & Arkansas V.alley
27>4 27I2 Kensselaor & Saratoga
100 100
Clev. Col. Cin. & ludianapolis. .100
•2
80
100
Richmond & Danville
Clev. & Mahoning Val., leased.. .50
81
8Ha Richmond Fred. &P
50
100 49%
Clev. & Pittsburgh, guar., 7
3% 4
HO
do
guar. 6
100
do
Col. Chic. & Indiana Central... 100
90
86
.50
guar. 7
100 90
do
Colmnbiis & Hocking Valley
do
96
.50
100
35
45
981a Richmond & Petersburg
Columbus & Xcnia.guar., 8
72
50
13 73
Concord
Rome Watertown & Ogdensb. .100
3
100
Concord & Port8mouth,guar.,7 100 117 120
Rutland
42
100 41
6
8
Pref.,7
100
Connecticut & Passumpaic
do
50
55
100 136 137
100
Connecticut River
do
Scrip
50
1%
Cumberland Valley
St. Louis Alton & Terre Haute. 100
50
Pref. 100
2%
do
Pref
do
do
100
Danbury & Norwalk
Belleville & So. 111., pref
50|J
28
F&A
do
do ex coup.. F&A
Onited Go's N.J.— Con8.,68,'94.A&Oi 104
Sterling mort., 68, 1894
M&S ,108
do
68,1901
M&S il09
Cam. & Amb., 6s, 1883
F&A 103
do
68,1889
J&D lOlH
III.
Charlotte Col. & Aug
Cheshire, pref
Chicago* Alton
6
Railroad Stocks.
North Pennsylvania
50
Northern Central
50
Northern New Hampshire
100
Northern Pacillc, new iiref
100
29IV N(irwieh&Worcester,leased,10.100
108 "a Ogdensbnrgh & Lake Champ.. .100
21
do
Pref., 8. .100
30
100
Ohio & Mississippi
8
do
Pref
100
35
Old Colony
100
71'2 Buir. N. Y. & Erie, leased
55
Burlington C. Rapids & Northern..
100
751a Burlington & Mo., in Neb
88
50
Camden & Atlantic
C—
Bonds
Ask
7413
500 74
100 1031a 104
lOlia
102
100
100
1033e[lBo8ton& Lowell
Boston & Maine
Boston & Providence
M&N 1'46>4
J&D ![16
M&N ^sm
1
Page of (Quotations.
Bid.
Pref
do
Catawissa
Old, pref
do
New, pref
St.L. Jack8'v.&
l8t, 78, '94. A&O 106»s 107 13
do
4713 Cedar Rapids & Mo
42
8t. L. * San F.— 2d M., class A
24
26
Pref., 7
do
2d M., class B
23 "a Central of Georgia
22
do class C
83'
8416 Central of New Jersey
South Paciflc— 1st M
105
8t.I..Vand.&T.H.-l8tM.,7B,'97.J&J 101
Central Ohio
M&N 70 75
2d, 78, guar.,'98
do
Pref
58
at. Paul & Pac— Istseo., 78...J&D
Central Paciflc
2d sec, 78
Cons., 7s
First
Railroad Stocks.
Ask.
[Vol XXVI.
86
33.
771a
Philadelphia
do
Reading
Prer, 7
. .
.
.
.
6I4
guar., 3ia..50
St. Louis Iron M'n & SouthernlOO
85
88
Pref. guar. 8 50
do.
St. Louis Kansas C. & North... 100
pref., 10. 100
50
do
Delaware
do
60
100
50
Sandusky Mansfield & N
Delaware & Bound Brook
50 58''8 59
Schuylkill Valley, leased, 5
50
Delaware Lack. & Western
104
100 80
85
Det. Lansing & Northern, pref .100
Seaboard & Roanoke
do
guar
100 90
95
mort., 6s, '89.M&N IO8I3 110
100
do
Dubuquo & Minnesota
62
UnlonPac— l8tM.,6s,g.'96-'99.J&J 108 H 108% Dubuquo & Sioux City
100
Shamokin Val. & P., leased, 6. .50 i:
123
Land Grant, 78, 1889
A&O 107% 107''8 East Pennsylvania, leased
50
Shore Line (Conn.), leased, 8. .100 118
10
Sink. F., 88, 1894
M&S 10158 102 East Tennessee Virginia & Ga.lOO 40 50 South Carolina
100
10 14 lOM Southwestern, Ga., guar., 7
Cm. Bridge, sterl. 8s, g., '96.A&0 109 111
1 00
100
Eastern (Mass.)
58
35
Onion & Titusv.— 1st, 78, 1890,J&J
100 32
100
Syiacuse. Bingh'ton & N. Y
Eastern in N. II
Dtah Cen.— 1st M., 6s, g., 1890. J&J
50 §20
50
Elmira & WilUamsport, 5
Siiinmit Branch, Pa
40 la Terre Haute & Indi.anapolis
Vtica & Bl'k R^lst M., 78, '78.J&J
100 90 100
Pref., 7.. 50 539
do
1
4
Mort., 78, 1891
J&J
100 *15% 1578 Toledo Peoria & Warsaw
100
Erie Railway
25
27
31
5
Verm't & Can.—New M.,8s
100
do
1st pref. 100
Pref.,7
do
do
25
Mlaalssquoi, 7s, 1891
5
J&J 20
50 55
2d pref.. 100
do
Erie & Pittsburg, guar., 7
do
Verni't& Mass.— 1st M., 68, '83. J&J
100 113 114
100
1041a Fitchburg
Troy & Boston
112
68
70
Couv. 7s, 1879
J&J
United N. Jersey RR. & C. Co. .100 121
Georgia Railroad & Bank'g Co. 100
113
do 78,1885
100
64% 65%
J&J
Union Paciflc
Grand River Valley, guar., 5. 100
14
Vermont Cen.— Ist M., 7s,'86.M&N 12
10
100 11% 11=8 Vermont & Canada, leased
1(X)
Hannibal & St. Joseph
3
26
2d mort., 7s, 1891
J&D
Pref., 7.. 100
100 110% 111%
do
Vermont & Mass., leased, 5
I314 13%
Stanstead 8. & C, 7s, 1887. .J&J
57
Wabash
Harrisburg P. Mt. J.& L., guar.,7.50 {»53
40
80
Vick.&Mer.— lstM.,end.,78,'90.J&J
100
50
Warren (N. J.), leased, 7
Housatonic
*§55
60
2d mort, end., 78, 1890
50
J&J 30
100
&
Phila.,
pref
Pref.,
8
Westchester
do
94 100
25
Virginla&Tcnn.— M., 68, 1834.. J&J
15
100
50 515
Houston & Texas Central
West Jersey
lia
5
3d mort., 8s. 1900
J&J 100 101
50
Maryland
&
Broad
Top
Huntingdon
West.
Warren (N.J.)— 2d M., 78, 1900.
93
4
Pref... 50
do
do
WUmlngfn & Weldon, leas'd, 7.100 52% 60
82
Warren&Fr'kln— lstM.,7s,'96.F&A
33
100
Nashua
100
30%
Central
841a
&
Illinois
Worcester
116
•W68tcli'r& Phil.- CoDS.,78,'91. A&O 109
!>0
Indianap'a Cin. & Lafayette
West'n Ala.— iHt M., 88, '88. ..A&O 104 106
76
JefTv. Mad. & Ind'p's, I'sed. 7.. 100
CAN.II. RONDS.
2d mort., 8a, guar., '90
A&O 103 106 Joliot & Cliioago, guar., 7
100 100
West. Md.— End.. Ist, 6s, 90... J&J 108 112
Kalamazoo A. & Or.R., guar., 6.100
Chesap. & Del.— 1st, 6s, 1886. .J&J *73
72
2
69
1st mort., 68, 1890
J&J 100 103 Kansas City St. Jos. & Conn. B.lOO
Chesapeake & Ohio- 6s, 1870 Q.—
100
End., 2d mort., 68, 1890
48% Delaware Division—6s, 1878.. J&J
J&J 108 112
Kansas City Topcka & West'n. 100 48
65
2d mort., pret, 68, 1895
100
6^ 7 Del. & Hudson— 78, 1891
J&J 98% 99 14
J&J 60
Kansas Pacific
105
99%
2d, end. Wash. Co., 68, 1890. J&J 103
100
J&J
Keokuk & Dcs Moines, pref
78, 1884
3d, end., 6s, 1900
100 58»8 SS's
A&O 98% 100%
J&J 108 112
Coupon 7s. 1894
Lake Shore & Mich. 80
90
A&O
101
West'nPenn.— Ist M., 6s, '93. .A&O *80
1894
50
Registered
78,
Lawrence (Pa.), leased, 10
43
90
Pitts. Br., IstM., 6s, '96
J&J 80
100
Leavenworth Law. & Galv
Jas. Rlv. & Kan.— 1st M., 68.. M&N
80
78
M&N
West. Union KR.— l8tM.,78,'96F&A
50 537% 38
2d mort, 68
Lehigh Valley
85
104% 105%
100
W. Jersey— Debeiit. 68, 1883. .M&S 80
Lehigh Nav.— 6s, reg., 1884... Q—
Little Rock & Fort Smith
Q— 104 IO414
Ist mort., 68, 1896
50
87
J&J 105 106 13 Little Miami, leased, 8
87% Railroad 6s, reg., 1897
J&D
C0U80I. mort., 7s, 1890
44
Debenture 6s, reg., 1877
A&O 991s 100 Little Schuylkill, leased, 7
50 543
Wiscon.sinJ&D
l8tM.,78,g.,'87..J&J
50
Convertible
reg.,
1882...
W.
68,
Long Island
93
95
90
Wlchita&S.\V.-l8t,78,g.,guar.,1902 t88
36%!
100 35
do
Louisville & Nashville
68, g., reg., 1894.M&S
J&D
88% 88%
Wil.& Weldon—8. F., 7s, g., '96. J&J
97 >a 100
coup.
&
reg.,
100
6a, gold,
1897..
Lykens Valley, leased, 10
75
25
30
J&D •70
Wll.Col.&Aug.— l8tM.,7s,19(X).J&D
Consul, mort., 7a, 1911
Macon & Augusta
102 103
Winoua&St.Pet.— lstM.,78,'87.J&J lOOia 101
100 *15
25
Louisv. & Portl.— 3d mort., 68
Maine Central
103% 104%
2d mort., 78, 1907
M&N 85 90 Manchester & Lawrence
100 131 132
4th mort., 6s
9318 Marietta & Cin. 1 st pref
Ei.,1. g., mort., 78, g., 1916.. J&D TI93
50
Morris— Boat loan, reg., 1885. A&O
Wisconsin Cent.— Ist, 7s, 1901 .J&J
50
New mortgage
do
2d pref
61
60
Worc'r & Na8huar-78, '93-95 Var. tl06 107
Peniisvlvaniar—6s, coup., 1910.J&J
Bait. Short Line, guar., 8...
90
86
Nash. & Roch., guar., 68, '94.A&0 185
88
Schuylkill Nav.— 1st, 6s,1897.Q—
Cincinnati & Bait., guar., 8
57 14
56
J&J
1907
6
2d mort., 68.
25
8
Memphis & Charleston
J&J
100 66%
Mortgage 68, coup., 1895
Michigan Central
RAILROAD STOCKS, p^^
1880.
M&N
548
improvemeflt,
cp.,
4i)'
6a.
Mine Hill & S. Haven, leased.... 50
14
M&N 48
84
Albany & Susqueh., Guar., 7 100 82
100
3
63, boat and car, 1913
Misaoiu'i Kansas & Texas
M&N 55 65
AUogheuy Valley
50
7a, boat and car, 1915
100
2% 5
Mobile A Oliio
40
Atchison Topcka & Santa F0..IOO
4131 42
50 83
Morris & Essex, guar., 7
83% Suaqiu'hann<a— Os, coup., 1918. J&J •20
J&J
1902
50
100
25
Nashville. Chat. & St. Louis
78, coup.,
tlantfl.& West Pt
lantio&Gulf
100
100 100 101
Union— Ist mort., 6s, 1883.. .MAN
Nashua & Lowell
Guar., 7
do
100
2
100
Naiigatuck
CAN.II- STOCKS.
Par.
^tt. & St. Law., leased, 6, £....100 $106
iof" Newcastle & B. Val., leased, 10. .50
50
Chesapeake A Delaware
Augusta & Savannah, leased. .100
47
Nesquehoning Valley, leased, 10.50 646
100 56% 57%
Delaware & Hudson
Baltimore & Ohio
100 80
82
100
14
20
Now Haven & Northampton
35
50
Divisiim,
leased,
8
1
1'4 Delaware
do
Pref.,6
100 92 >a 95
100
New Jersey Sout hern KR
3
100
Janic.i River & Kanawha
do
2d, pref
84
90
N. London Northern, leased, 8.. 100
17%
50
§17%
Washington Branch
100 110 130
N. Y. Central & Hudson Riv....lOO lOS^s 109% I.«higli Navigation
55
50
100
Parkersbmg Branch
00 100
Moi-ria, guar., 4
100
1
5
New York Elevated
125
120
100
10
do
pref., guar.
Berkshire, leased, 7
100
50 138 142
New York & Harlem
50 §...
Boston & Albany
100 122 1221a
pref. .
14% Pennsylvania
do
50!
Schuylkill Navigation
Bost. CUnt, Fitchb.&New Bed.100
3
5
100 "19% 20
New York & New England
pref
do
§6
do
50|
Best. Con. & Montreal
100
N. Y. N. Haven & Hartford .... 100 155
50|5«
Susquehaima
Pref., 6... 100
74
75
do
New York Providence & Bos ... 100
Dayton & Michigan,
83
108
110
111
,
,
.
.
;
.
I
.
,
.
.
.
.
.
.
Price nominal: no
late tranaaotions.
t
The purehaaer
alsj pays acorue
1
interest,
t
In London.
H In Amsterdam.
§
Quotation per share.
—
—
June
..
. .
.
.
.
THE (CHRONICLE.
20. 1878.J
661
GENERAL QUOTATIONS OF STOCKS AND BONDS—Continukd,
For Explanations See Note*
MlBCELLANEOCB.
Ask
Bid,
M18CELLANKOU8.
BONDS.
Canton (Batt.)—
£6». K-, I'JOl. ..J&J
Mort.t!8,»r.,l!miJ&J
Un. KK.,lst. end. .68.
(to 'ia.cnil. i;«,K.MiN
ConBol. Ci>iil
Ist M., 78. 1885.JAJ
l8t. couv..0b,'97.J&J
F&A
2<lM.,78,K..lii01JAJ
3d, 78. K., 18StS.M&S
Tun'l RR.,l»t.i;.9a,g.
Bost.
:5
10
;35
45
Con.8. M..
97
100
(Ma,8s.l700
.
.."ifi
(;hlcopee(Mass.) ..100
Cocheco (N.U.)....500
Collins Co. (Conn.). .10
Continental (Mo.). 100
Dongl's Axe (Ma.s8)100
iDwight (Mass.). ..500
85
37
;80
;32
Duck
7«,'86.J&J
Tcl.
78, coup.. 1900.M&N 108 >«
roR.. 1900..M<5:N
Storl'K 68, 1900.M&S 1101
25
Amer. Dlst, Tel
Atlan.&Pac.Tel.-lOO
I>and
Boston
10
Boston Water Power.
Brookllne Laud
5
Canton Co. (Bait.). 100
Cary Inipr'm't(Bo8t.)5
Cent. N.J. L'dlmp.lOO
Ciii. &. Cov. B'dge pref
Equitable Tr.(N.Y)100
n. & 8t. L. Brldge.lOO
McKaj-SeWg Maeh.lO
Merc'ntileTr.(NY)100
N.E. MtK.Si-«ur.(Bost.)
O. Dominion SS.Co.lOO
Pacine Mail 88. Co. 100
Prod. Cone.L'd & Petr.
PuUm'u Palace CarlOO
St. Louis Transfer Co
Un. Mining (Tenu.). 10
100
Union Trust
100
U.S. Trust Co
U. 8. Mort.Co.(NY)100
West. Uuion Tel. ..100
122
United States
Wells Fargo
.Vanmkcag (Mas8.)100
27I4
.V.
100%
120
. .
145
150
Cincumntl G. & Coke
Hartford, Ct., O, L..25
47
Jersey C.& Hot/Ok'n 20 155
People's, Jersey C
110
Louisville G. L
117
Mobile (ias & Coke
70
Central of N. Y
50 80
.50
80
Manhattan, N.Y'... 50
Metroj)olltan, N.Y.IOO
Municipal
100
Mutual of N. Y....100
New York, N.Y.... 100
N. Orleans G. L. ..100
N. Liberties, Phila.. 25
Washington. Phila....
185
130
95
74
05
103
Portland. Me.,G.L.50
8t. I-onis O. L
50
Laclede, St. Louis. 100
Carondclet
50
Ban Francisco O L
'
Prico nominal
;
IB
4
Now EngiantU
100
North....
100
North America
100
Old Bos ton
50
171a
People's
:.100
•38
Buckeye
Bullion
100
Cale<lonla Silver ..100
California
100
Calumet & Heola.
Cashier
Chollar-Potosl
100
1%
168
. . . .
14
124
1055
1235
173
530
75
60
Kcntuck
Kings Mountain
Kossuth
314
214
165
Atlantic
7»3 Brooklyn
4k, First National
Fulton
31a
City National
2
75
Buck Moiint'u Coal.50
Butler Coal
25
Cameron Coal
10
Clinton Coal & Iron. 10
Consol.Coal of Md. 100
48>fl'
49
94
§30
40
BANK
Cheaapeako
90
George's Cr'k C'l (Md.)
Locust Mt. Coal
50
Marlp'sa L.&M.CallOO
1
1
do
pref. 100
Maryland Coal
100
New Creek Coal
10
9%
Com.
Farmers' B'k of Md. 30
& Merch.. 40
Farmer8'APlanters'25
First Nat. of Bait. 100
12ia
Franklin
.
German American
Howard
I
'
isij
32'8
115
do
pref,
138 "a St. Nicholas Coal... 10
100
San Juan Sil. Min.lOO
101
S. Kaph'lSil.,Mob.lOO
15
12013
do
18
pref. 100
1261.2!
Slmmokln Coal
25
85
Spring Mount. Coal.50
81
Westmorel.and Coal.50 §60
116
Wllkesb.Coal&I..100
100
150
3
17
20
56'
63
81
24
Allonez
150
151
49
165
115
118
Calumet
,50
&
Central
;
Dana
Dawson
Duncan
Sll ver
Silver
50
25
20
20
-25
FraukUn
25
87>s Humboldt
International 8Uver20
87
194
Madison
25
135
Mesnard
25
80
98
76
98
Minnesota
National
Osceola
1031a Petlicrick
Powabic
Phenlx
7613 Icjuincy
Uidge
Rockland
Star
103 >9 Superlori
late transactions.
25
15
25
25
25
50
25
25
25
25
25
Boston.
100
100
100
100
100
100
100
100
100
100
100
100
Blackstone
Blue Hill
Boston Nat
21a
41a [Boylston
Hecla...25 1781a 179
28
25
Copper Falls
20
Western
Atlantic
Atlas
STOCKS.
30
Mechanics'
10
100
Merchants'
'National Exch'ge. 100
People's
25
ISecondN.atloiial ..100
Third National.... 100
iUniou
75
!
BOSTON miNINC
%
10c
0>4
61a
2O0.
1
1
13
138
Central
Commonwealth
. .
.100
100
100
EleventUWard....lOO
100
Eliot
100
Exchange
100
Everett
100
Faneuil Hall
100
First National
100
First Ward
Fourth National. 100
100
Freemans'
100
Globe
Hamilton
100
Hide dl Leather... 100
Howard
100
30c. Continental
li« Eagle
50c.
25o. 50c.
100c.
500.
25o. 50c.
Ola
9
lia
Broadway
Bimkcr HUI
10c. City
15c. Columbian
638 Commerce
7
1
30
Marine
78
65
80
Farmer8'..l(X)
111* Farmers'
14VJ N.Y'. & Middle Coal.25
802 13' Pennsylvania Coal. 50 154
?5j3j Pilot knob r. (8t.L)i00
116»4 Quicksilver Min'g.lOO
&
5o.
21s
I314
lia
250.
25o.
5o.
tTbe purchaser also pays aooruod
int.
In London.
Nassau
Brooklyn Trust
41a
100
118
1'27
200
1031a
98
i(>eia
80
90
95%
122
1231s
9313
90
96
190
95
230
75
100
95
160
170
Charleston.
People's Natiimal. 100
People's of S.C. (ncw)2o
S. C. Loan A Tr. Co lOo
Union Bank of 8. C.5o
50
116
91
10
60
.
40
Chlcaso.
C*mmercial Nat ... 100 130
ComExch. Nat.. .100 140
Fifth National ....100 140
First National
100 175
Hide and I.eather..
98
Homo National .100
Merchants' Nat.. .100 210
. .
3%
60
142
121
121
170
85
200
65
90
90
150
150
B'k of Cha8.(NBA) 100:
First Nat. Chas.. .100
Nat. B'kofllllnola.lOO 108
Northwestern Nat. 100
100
lis Union National
Uu.Stock Y'ds Nat. 100 150
6
Cincinnati.
140
99
83
110
80
140
126 130
98 101
Oei'nian Banking Co..
118 121
Merchants' National.. 100 101
12
10
95 100
Nat. Bank Commerce.
30
110 115
Second National
12ia I3I3 Third National
147 160
102 105
30
25
Cleveland.
39
35
Citizens' S. A L. ... 100
32
31
Commercial Nat 100
108 118
100
First Nat
6I4
7I4 Merchants' Nat.
100
100 105
100
National City
7
8
OhioNat
100
30
26
Second Nat
100
1016
10
Hartford.
105 110
iEtnaNat
100 113 116
102ia 104
67
American Nat
50 64
19ia 20
128 130
Chart«r
Oak
Nat..
100
120 140
83
City Nat
100 76
96
94
35
30
Connecticut River. .50
63
60
112
Far. A Mech. Nat. 100 110
30
28
89
First Nat
100 87
Hartford Nat
100 1.52 154
116
114
Meriantllc
Nat
100
120 121
66
64
National Exchange. 50
105 106 iPbcenixNat
100 149 161
83ia 84
100 113 116
State
95
94
93
IionlsTlUe.
92
116 118
107 1071a Bank of Kentucky. .
61
80
85
80
Bank of I,onl8ville...
81
80
155 157
Citizens' National
100 100%
81
80
City Nat
10
107
Ky
'(Commercial
of
106%
ai' 84
125 126
Falls City T6baoco.
93%
of
Ky
89
83
Farmers'
82
85
8»%
Farmers' A Drovers'
90
100
85
First Nat
84
99
German Ins. Co.'s.
100 101
ioo' 101
Oerman
105 106
104 105
German National. ..
106 107
Kentucky Nat
129 130
163
IxuisviUo Ins. A B. Co
00
89
1'25
8S
80
125 Is Masonic
90
Merchants' National..
170 172
109
Northern of Ky
83
84
IS
80
81
People's
87
94
941s Second Nat
187 130
89
00 Seonritv
85
Third Nsttonal
100>s 101
100
98
98>s Western
89
Weafn Flnane'l Cp'n. 86
93
94
Fourth National
25
10
Citizena'
Conuncrclal
Long Island
Manufacturers'.
Mechanics'
First National
STOCKS,
Baltimore.
Bank of Baltimore lOO
Bank of Commerce. 25
25
Cumberl'd CoalAI.lOO
110
102
90
103
•65
Southern StarG&SlOO
Union Consol
Yellow Jacket
100
30
Tremont
120
120
99 >a
116
125
190
103
96
Brooklyn.
475
50
Sierra Nevada Silv.lOO
Silver City
100
Sliver Hill
100
American Coal
25
Big Mountain Coal. 10
87>«'
Traders'
Union
Washington
Webster
Lacrosse
raiSCEL.
Shawmut
Shoe Jc Leather
Third Nat
Segregated Belch'rlOO
Oc
100
100
100
100
100
100
100
100 10<!
100 100
78
100
100 88
100 95 >4
100 121
100 123
100 92
Suffolk
lOO
100
730
.591a
Repu'ollo
5e>3 State
71a
lOOia lOlia
141
1(X>
Security
6>9
•23
,
fnlla Consol
.Justice
Aik.
120 >a 12I>«
107 1« 107%
Redemption
Revere
Rockland
Second Nat
10
.Seaton consol
r.34
no
•08
13
..
miNING STOCKS.
Lawrence, Mass... 100 V^OH
Lrim, Mass.. (Jaa 100 84 ij
llald.& Melrose. -.100
80
Newton* Wat'n ..100 113
Salem. Mass., Gas. 100
99
Brooklyn, L.I
25 140
Citizens'. Brooklyn. 20
70
Metropolitan, B'klyn.
55
Na.8.sau. Brooklyn ..25
70
People's, Brooklyn. 10
20
Wilfianisb-g, B'klyn 50
75
Y
K. Glass (Mas8.)410
COAI.
101
Peoplo'8G.L.ofBalt.25
13
Boston Gaslight. ..500 x800
Ea.st Boston
25 35
South Boston
100 116
Brookllne, MaR8... 100 II4I2
Cambridge, Mass.. 100 138
CbelseaO.L
100 99^
Harleni. N.
5
•07
3
Bobtail
10
•25
Dahlonega
Eureka Consol
100
Exchequer G. <tS. 100
Gold Placer
Gould & Curry 8.. 100
Grant
100
40
certs...
Charlc8t'n,S.C.,Ga8.25
Chicago G.ik Coke. 100
S
Confidence Silver. 100
Crown Point
100
"ii'
95
Dorclie»ter..M.ass..lOO
Jamaica Plain
100
3%
.
GAS STOCKS.
do
.'(1225
IOI9
Cleveland Gold
Bid.
84 >a 85
85>«
100 85
250 101>s 105
100 140 141
Mechanics' (8o.B.)100 117 IID
Merchandise
83
100 82
Merchants'
100 121 ism
Metropolitan
100
Monument
100 150 165
Mt. Vernon
100 07
90
Leopard
100
I.«viathan
73
Lucerne
10
55
•10
•25
2'4 Paciflc (Mass.)... 1000 tl700 17.50 -Memphis
10
.Mernmac Silver
67
3
3H Penn. Salt Mfg. Co.. 50 $C5
Me.tlcanG.
ASllv.lOO
710
2
700
Pepperell (Me.)
500
325
Moose
9
^alisbury (Ma.ss.).. 100
17Hi 20
115
Mont Brosa
15c. <almon FalIs(X.H.)300 200 220
1-40 2^6o
N. Y. & Colorado.
25
10
16
irtndw.Glass(Ma.Ha.)80
20
Ills
Northern Belle
100
70
itark Mills(N.n.)1000 xSOO 825
38
Ontario
120
100
L02
rremont A S.(Mass) 1 00 115
OphirSilver
100
20
riiorndike(Mass.) 1000 700
Orig.Comst'k G& 8 100
20
Union Mfg.(Md.).
13
Overman G. AS... 100 11
76
Wa8hingt'n(M,ass.)100
74
410
Plumas
8
108 110
Weed Sew. M'e (Ct.)25
Raymond & Ely ... 100
3% 415
68
WUllni'tlc Llncn(Ct)25
67
10
14!^ 15»4 York Co. (Me.)
750 1200 1225 St. Josepli Lead
"9%
iSavage OoldA Silv.lOO
18
251s
87>e
Baltimore Gas.... 100
lO.'iO
AlpbaConsolOdcB.lOO
AnicrlcauConsol..
American Flag
Belcher Silver
100
Bertha AKdlth
Bost <& Belcher
100
(iraud Prize
41a
Granville Gold Co.
410
Hale A Norcross. .100
660
1285 Henry Tunnel Co.
4-55
502i'i Hnkill
•65
230" Imperial
.
Stockr,
Mannfactarers'.. .100
Consol. North Slope.
Consol. Virginia... 100
221
53
150 153
xlOOO 1025
.Middlese-t (Mass.). IOC .C171
.525
>fa.shua (>f. H.)....50t
100 1025^
100 48
100 47«i
100 93 ij
American
Cotton
1000
.vrerrlnnick(Masa) 1000
.Ma.ss.
EXPRESS ST'CK.8
Adama
84
50
90
910
223
55
89
xOOO
.Vlanchestcr (N.IL) lOCi
nilSC'LLA.NEOVS
STOCKS,
83
47
400
655
Lawrence (Mass.)100<' 1275
r>owell (Mass)
690 500
10838 [x)well Bleachcry.2(Ki 220
108
Lowell Macli.Shop..500 715
103
69
LvnninM. (Mass.). 100
ei>,K.,$
78
710
57
110 113
x600 620
7
0>s
45
43
xl04 105
405 410
Kverctt (Mass.)... 100
Franklin (Me.).... 100
Great Falls (N.H.UOO
Pullm'ii Paliuc CarHamilton (Mass.) 1000
95
2d M., 8.8, 'Hl.M&N
Hartf. Carpet (Ct.)10<.i
92 «a
3d si^ics, 8s,'87F(tA
Hill (Me)
100
4tli do
88,'02F&A
911s
Holyoke W. Power.lOO
8tlK, 7a,K.,188.) A&O
.lackson (N. H.)..1000
Debonfe.7s.'78 A&O 100 100>s Kearsargc
1(M1
80
90
Bt.Charlc8 Bridge— 10a
Laconui(Me)
400
U. S.M'p.Gs, g. je.J&D
Lancaster .M.(!J.H)4(KI
Western Union
00
5.'>3»a
Bawk
Market
Ma*8aohna«tt«
Maverick
Par.
(
Cambria Iron(ra.)
A(k.
BOARD
N. Y.
.
100
98
Bid.
iniNING STOCKS.
Ain.n.H.8.M.(Pa.ll2is 624I3 '25
00
Anioskoag (N.H.) lOOU xl.526 1635
90
88
()
75
Audroscog'n (Me.). 100
IO3I9 104 >s Apploton (Mass.) lOOd O.'iO 075
90 102
Atlantic (Mass.)... 100 .\113 114
30
Bartlett (Mass.). ..100
25
95 100
Bates (Me), new ..100 113
113>a
75
80
Boott Cot. (Mass.) 100( 1540 1545
Boston Co. Mass.) 1 000 i!)25 950
98
95
Pace of ((notatlOBS.
First
MlSOKLLAMEODi.
Ask.
Bid.
88
Mariposa tJold L.&M
Merc.Ti'.ri'ul est. ni.,78
N. Kni{. M.Si'Ciiiity,78
Head of
niANVFAGT'INU
STOCKS.
iniS<'>L.I.ANKOCrS
Ciiuibcrl'd Coal <& I
l8t M.. «H, '7))...JiJ
2(1 M.. 08. 1879.
Dl. & St. I.. BiidKOl8t. 7h.k.. 11<(I0..\A0
at
. .
.
.
j
. .
I
I
.
§
Quotation per share.
5
.
——
.
THE CHRONICLE.
652
[Vol.
.
XXVI.
GENERAL QUOTATIONS OF STOCKS AND BONDS— Concluded.
For Explanations See Notes at Head of First Page or Clnotatlons.
Bank
Bid.
STOcita.
Mobile.
Bank
of Mobile
First
Nat
ntontreal.
British N. America.
Commerce
. .
JtO
Consolidated
100
Dominion
50
Du Peuple
50
Eastern TownslLiys 50
Exchange
100
Federal
100
Hamilton
100
Imperial
100
Jacques Cartier...lOO
Maritime
100
Merchants'
100
Molsons
50
Montreal
200
Natlonale
50
Ontario
40
Quebec
100
Standard
Toronto
100
Union
100
VlUe Marie
100
Stocks.
Bid.
Ask.
Commercial Nat
50 47
Commonwealth Nat 50 *20
Consolidation Nat.. 30
50I2
Corn Exchange Nat. 50
7212 75
Eighth Nat
100 150
IS
20
PirstNat
lOO 155
Farmcrs'&Mech.N.lOO 118
57
Girard National
40
Kensington Nat
50 *53
24
Manufacturers' Nat.23
105
91
11212 113x Mechanics' Nat... .100
73^2 74 14 Nat. B'k Commerce. 50
94
Nat.
B'k
Germant'n
50
121
Nat.B'kN. Liberties 50 124
73 12 75
*80
Nat.
B'k
Republic.
.100
105 12 100
National Security. 100
75
80
Pcnu National
50
104
100
OS ido' People's
Philadelphia
Nat. 100
10212
100
42' Second Nat
411a
ScventhNat
100
SixthNat
100 155
9214
02
Southwark Nat
50 115
94
92
Spring
Garden
100
10212 16212
22d Ward
50
100
79I2 BOH ThirdNat
Union Banking Co.lOO
50 50
7712 7812 Union Nat
Western Nat
50
134 138
West
Philadelphia.lOO
50
CO
75
CO
50
100 103
Nat. Commercial -.100
Boutliem B'k ol Ala'25
BANK
Ask.
.
53
Shawmut
Shoe&L. F. &M..100
Suffolk Mutual.100
New
Orleans.
56
165
160
119
58
57
26
100
100
128
85
115
165
125
Citizens'
05
Gormania Nat
Hibemia Nat
85
100
100
100
I/atayetto
50
Louisiana Nat.. .. 100
Mechanics' & Trad.. 20
Mutual Nat
100
98
8
93
91
85
82
41 12 43
44
61
74 13
New Orleans Nat. .100
50
50
100
100
25
People's
Southern
State Nat
Union
Workingmen's
Neitr
94
70
Bank
20
25
100 116
Nat
First
I212 Planters' Nat
100
State Bank of Va.lOO
22
80
80
Merchants' Nat... 100
Nat. Bk of VirglnlalOO
75
20
Cincinnati
25
Citizens'
20
Commercial
25
Eagle
100
Enterprise
20
Eureka
20
Fidelity
20
Firemen's
20
Germania
20
Globe
20
Mercliant8'& Manuf 20
Miami Valley
50
National
100
Union
20
Washington
20
Western..
25
Commerce
100 lis
Continental
100 75
Corn Exchange
100 125
70
East River
25
Eleventh Ward
25
First National
100 290
100
FourthNationaI...100
Fulton
30 150
Fifth Avenue
100 225 250
GaJlatin National ..50 112
Gennan American. .75 ;82ii
.
.
Gennania
Greenwich
100
Grocers'
40
100 100
100 193
25
&
Tr.
. .
Irving
50
leather Manuf ts 100
Ulanhattan
50
Monuf. & Merch'ts.20
Marine
100
Market
100
Mechanics'
25
Mechanics' B. Ass'nSO
Mechanics' & Tr.. .25
Mercantile
100
Merchants'
50
Merchants' Exch'go50
Metropolitan
100
Nassau
100
New York
100
N. Y. Nat. Exch'gelOO
New York County 100
Ninth National
100
North America
70
North Biver
50
Oriental
25
Paciflo
50
Park
100
People's
25
Phenix
20
Eepublio
100
Second National. .100
Seventh Ward
100
Shoe & leather. ... 100
St.Nichohis
100
State of N. Y.(new)100
Tenth National
100
Tradesmen's
40
Union
50
. .
59
.«;tna Fire
Atlas Insurance. .
Connecticut
Hartford
National
Orient
Phojnix
Steam Boiler
jieo"
140
85
HO
+
J
126
.
100
100
100
100
100
100
100
40
North Brit. & Mer.-50
Queen Fire & "Lite. 10
Royal Insmance
20
.
.
311
130
75
60
210
40
80
47I2
70
102
62
75
119
80
105 12
85
86
90
{129
90
40
130
75
135
115
79
83
95
120
115
Sau Francisco.
Bank
120
Lorillard
90
100
125
120
90
121
130
115
60
90
130
B'k of S. FranciscolOO
PirstNat. Gold.... 100
Grangers' B'k of C.IOO
Merchants' Exch..lOO
88
88
96'
x75
90
110
80
106
215
35
105
222
130
104
198
55
218
45
106
225
135
107
202
60
tiio'
145
&,
Merch.Mut
Stonewall
Wash'tou Fire
& M. .50
7%
8
68
70
IOI4
I6I2'
41
42
43 12
.x42i2
3%
Factors'
70
80
65
75
15
55
50
60
73
34
70
SO
37
58
103
52
43
22
x76
24
46
27 12
Lafayette
x37
Merchants' Mutual
80
Mechanics' & Traders'
NewOrleans Ins. Ass'n 26%
42
New Orleans Ins. Co
.
3812
7
26
26I2
40
42
7
x4%
25
100
American
50 130
American Exch...lOO 95
Amity
100
Arctic
20 70
Atlantic
50 95
Bowery
25 190
Brewers'&M'lst'rs.lOO
F.
& M. .100
Boston
Boylat'n
100
Mut.F&MlOO
Comnumwealth. ..100
Dwelling House. ..100
Eliot
100
FaneuilHall
100
Fireman's
100
Franklin
100
Manufacturers'. ..100
Mass. Mutual
100
Mechanics' MutuailOO
235
Mercantile F. & M.lOO
Neptune F. & M...100
N.Engl'dMnt.F&MlOO
North America
100
172
Prescott
son Revere
100
100
120
.50
National
New York City
N. Y. Equitable
New York Fire
3712 103
110
35 175
100
195
50 110
25 110
Paciflc
25 220
Park
100 105
Peter Cooper
20 175
People's
50 115
Phenix (B'klyn) ....50 125
Produce ExcbangelOO
50
Relief
50
Reimblio
100
05
Ridgewood
100 90
Rutgers'
100 150
Safeguard
100 115
52
50
100
100
25
25
25
10
Nicholas
Sterling
Stuy vesant
Tradesmen's
United States
Westchester
Williamsburg City. .50
120
120
125
100
190
115
118
240
117
195
130
80
85
75
100
80
128
115
95
140
135
200
Phlladelpliia.^
40
200
200
180
130
Broadway
25 190
Brooklyn
17
Citizens'
City
Clinton
13
Columbia
100 130
50 230
100 410
Fire Association
Fiankliu Fire
150
240
450
34
Delaware Mutual. .25 •32
2914 29'8
Ins. Co. of N. Ani'ca 10
Ins. Co. State of Pa 200
Pennsylvania Fire 100 145 160
.
81
100
100
81
Merchants'&Mech.lOO 85
89
Pledui't& A. LifelOO 102
42
41
Virginia F. & M
25
101
Virginia Home
100
Virginia State
25 '2812 29I2
Granite
St. liOuls.
26
90
75
85
25
20 170
70 120
100 110
30
100 55
100
100
100
State Investment. 100
100
Union
California
Commercial
Firemen's Fund.
. -
115
75
110
110
116
118
80
112
112
117
100
M.4RINE: INS.
SCRIP
&c.
Ne-w York.
60
Atlantic
136
.50
100 155
210
Eagle
40
100
Empire City
100 108 120
75
133
Emporium
100
120
Exchange
30 115 125
125
127
Farragut
50
110
100
Firemen's
17 105
40
55
115
Firemen's Fund
10
132
Firemen's Trust
10 100 110
40
50
65
Franklin
100
50
60
144
Gebhard
100
115
70
German-Aiueriean 100
133
Germania
50 150
125
110
.50 110
Globe
260
86
Greenwich
2.5
"46"
137
Guaranty
100
70
120
Guardian
100
8OI4 Hamilton
140
15
122
Hanover
50
100
122
50
Huffman
70
Home
100 108
Continental
95
132
116
125
99
112
130
64
142
65
130
109
84
135
118
80
120
120
60
(B'klyn)..
Nassau (B'klyn)
93
155
San Francisco
55
Commercial
100
Montauk
30
50 110
. .
60
95
140
105
60
Commerce Fire
American
Metropolitan
24
28I4 American Central 25
100 100
42% Citizens'
Franklin
100
I9I4 21
Jefferson
100
104 106
Marine
100 80
7812 81
100
15
Paciflc
28
iEtna
Boston.
.
Rlcliiuond.
and Traders'. 102
Firemen's
Gennania
Hibemia
Adriatic
10
90
116"
358
22%
2214
56
Crescent Mutual
Union
STOCKS.
6
25
Manuf. ABuildors'lOO 130
Manhattan
100 100
Mecb. & Traders'. .25 100
Mechanics' (B'klyn)50 160
Mercantile
80
50
Merchants'
50
150
110
95
City
Sun Mutual
5=8
Lenox
25
85
Long Isl'd (B'klyn) -50 150
St.
77
151
TSevi Orleans,
People's
FIRX: INSUR'CE
Associate Firemen's.
Baltimore Fire Ins. 10
Firemen's Insur'ce. 18
Howard Fire
5
Maryland Fire
10
Merchants' Mutual..50
National Fire
.10
100 105
Standard
18% Star
I8I4
Nenr York.
.•
8714
Planters'
Teutonia
lib
Pacific
Lamar
70
110
110
90
140
175
80
Lafayette (B'klyn) .50 143
. .
of California.
25
50 105
50 105
100 80
.
45
135
80
87I2
117
125
110
50
88
125
Hope
Anglo-California
9OI2 Alliance
122
I
Mobile Fire Dep't..25
Mobile Mutual
70
Home
Baltimore.
1 00
50
Louis National.lOO 100
Third National
100 73
60.
Valley National. .100
St.
& Trad.
American Fire
Citizens' Mutual.. .100
Factors'iSi Trad's' Mut.
xl29
60
110
230
Central National.. 100 105
City National
.
Importers'
Irving
Jefferson
Ask.
80
;i'6i
Pblladelphla.§
.
.
Hope
Howard
Bid.
Niagara
North River
Imperial Fire
Lancashire F. & L. .20
Loudon Ass. Corp.. 25
Liv. & Loud. & Globe 2
North'n Fire&Llfe 100
122'
.
B'k of N. America
stock)
Mobile.
America
100 ;130 136
American Exch'gelOO 10318 103% B'k of Commerce. .100 308
<J0
Bank.& Br'kers A. 100
Commercial
100
Brew'r8'& Qroo'rs'lOO
Continental
100
Broadway
25
Exchange
100
85
Butchers'ife Drovers25
203
Fourth
National
..100
x98
Central National.. 100
International
100
.Chatham
25 98
75
Lucas
Chemical
100 J 1500
Mechanics'
100 45
City
100 200
Merchants',
Old
Citizens'
25 100
68
Merchants' Nat .100
Importers'
Amazon(new
Insurance Stocks.
30
Kings Co. (B'klyn) .20
Knickerbocker
40
75
100 149
Richmond, Va.
City
09
127
100
150
Cincinnati.
55
Cumberland Nat. .40 54
CanalNat
100 153 154
CascoNat
100 14312 I44I2
First Nat
100 139I2 140 12
I^ondon.
Merchants' Nat
75 104 105
138
National Traders'. 100 137
Commcrc'l Union. £50
Guardian
100
St. liOuls.
Hanover
Waslungton
Tork.
.
68
125
95
100 145
Ask,
Hartford, Conn.
53
67
.
& Banldng. .100
100
. .
Portland, me.
Canal
Bid.
40
10
.
Insurance Stocks.
Mutual—
1875
1876
1877
1878
Commercial Mutual—
1871
1878
New York Mutual
1864
1876
101
9812 100
100
97>2
99
96
971a
92
70
95
75
85
65
Orient Mutual—
80
50
1861
1875
Pacitto
Mutual—
80
50
1868
1876
Union Mutual—
18(U.
1870
Great Western stock.
87I2
iMercantile stock
iSun stock
50
50
92 13
60
55
;«""
'
trioe nominal
;
no
late transaotions.
f Quotation
per sharj.
t
Assessment paid.
;
Last price this month preceding 27th
«
:
June
THE CHRONICLE.
20, 1878.]
Company, on an application to have the recant alection nt dimeton set aside lia« been decided. Jud|re Donoliue aays that ba
baa no jurisdiction in the case, and that tbe plaintiff aboald
Juucstmcuts
AKD
STATE, CITY AND CORPORATION FINANCE8.
The Investoiis'Sdi'I'LRMKNT UpabliHhedon the
last
prosecute his action in Kansas.
—
Saturday
of each moDtb, aad furnlahed to all reeular BubHcribers ol tbe
Chroniclk. No single copies of the Supi'LK.mknt are sold at tbe
oflSce, as only a autHcient number ia printed to supply regular
ubgcribers. One number of the Supplement, however, is bound
up with TiibFinakcial liBVISW (Annual), and can be purchased
in that shape.
QENERAI. INVESTMENT NHWS.
Chicago Rock Island & Pacific* — This company has traobtrust
for its stockholders, abou'
ferred to its treasurer, in
Iowa ISouthern &
the
$5,000,000 of the capital stock of
A lease has been
Missouri Northern Railroad Company.
entered into by these companies whereby the Hock Island
undertakes to pay as rental for the Iowa Southern & Missou'i
Northern line a dividend on its capital stock of 8 per cent per
annum, when its surplus earnings, exceeding the legitimate and
proper expenditures in the operation of all lines coiitrolled by the
Surplus earnings for the
Kock Island Company, are sufficient.
last fiscal year have been set apart for a dividend on the Iowa
Southern stock for the current year, to be paid quarterly with
the dividends on the Rock Island, and the following official
announcement was made to the Etockholdera of the Rock Island
Company
to
day
:
TRBi6DBER'8 OFFICE,
Pacific Railroau Company,
CmoAOO Rock Island &
No.
13
A
Will am Street, New York,
1
>
i
quarterly dividend of 2 per cint upon the c ;pital stock of this company
has becti declaied, ptiyablo Aiignet 1. 1878. at this office. lu addition to ths a
dirideud of -i per ctfut bai^ been declared on the capital stock of the Iowa
Southern & Mis-onri Northern Kaiboad Company, he d l)y the feasu-er in
trust for the stockholders of this company. Your 'proportion of this dividend
will be equal to i5 per cent of the amount of your dividend on the stocv of the
Chicago Kock Island & Paciflc Kiilroad Company held by you, or Ufty cents
per share.
A lUo dividend will be paid on the stock of the Iowa Southern & Missouri
Northern Raiir<;ad Company on the ttist days of November, 18;8, and February and May, b'O.
Francis H. Tows, I reasuter.
I
In a word, this means that
cent dividends per year.
Rock Island proposes
to
pay 10 per
Coal Combination.— The usual monthly meeting; of the board
was held in this city on Monday June 24, and was
harmonious throughout. The quotas were fixed at the following
of control
— 1,500,000
figures for the month of July
263,497 tons as against last year.
Companies.
Phllade'phia & Reading Railroad
Lehigh Valley Railroad
Central Railroad of
New
jersey
Delaware Lackiiwacna * Western Railroad
Delaware & Hudson Canal Company
Pennsylvania Railroad
Pennsylvania Coal Compaoy
tons
—a decrease
of
16M.
18T7.
4i9,3:5
2 6,S50
193,575
5^5,545
33«.7ia
207.819
217,3!3
191250
187,S0('
224,6fi2
111.3 5
87,975
1E2 S"0
1U4,857
Laiie and Canal Freight Rates.— For the past week li cents
per bushel for corn and 1} for wheat from Chicago to Buffalo,
and 3^ cents for corn and 4f lor wheat from Buffalo to New York
have oetn tbe quotations at Chicago, making the cost with elevator charge at Buffalo, of moving a bushel oi corn from
Chicago to New York about 6| cents.
Louisrilte & Nashville. Earnings and expenses were as
follows in May and for the eleven months ending May 31
—
:
Eleven
Month".
May.
Gross earnings
Expenses
$)9i,n,0
«67 607
$5,'.H,fi!!0
3,oa(i,2c2
Net earnings
Percent of expenses
$135,392
$1,090,787
69 C9
6")-65
As compared with the previous year, there is for May an
increase of $8,058 in gross, and of $16,141 in net earnings for
the eleven months an increase of $B09,308 and of |35S,0S9 in net
;
earnings.
Maryiand
& Delaware Railroad.—The
653
Delaware portion of
this Railroad has been sold tor $19,000 to the trustees of the purchasing bondholders of December, 1877, under a decree of the
Court in a su't brought by Messrs. Gardner and Wing, representing the creditors of the company.
Michigan Central.— The annual
Mol)lle & Ohio, This road ia noticed for aale at Mobile, Ala.,
Augu.tt 19, under the decree ol foreclosure of the first mortgage granted by tlit United States Circuit Court. The aile will
include tlie main line, 472 miles, and 40 miles of branches, wttli
all the equipment and appurtennnces; tbe leaae of the Aberdeen
Branch, 9 miles; al;out 1,088911 acres of donated landa, and
the fraochises. The sale will b» made subject to the alleged
prior lien on the property in Tenneosee, as reserved in the docre(>; also to a small prior mortgage on the Qaineaville Branch.
Montclair & Greenwood Lake.— The plan submitted by tbe
committee provides for the sale of the property and the organization of a new company
the Albany Air Line which ia to
extend the road from Cooper, N. J., its present terminus, to Montgomery, N. Y. From that point the Wallkill Valley Road ia to
be used to Kingston, 102 miles from Jersey City, and an extension of 50 miles built up the west side of the Hudson to Albany.
—
—
The new company
is to issue $1, .'500,000 stock to replace its present ob'igations, and $2,000,000 bonds for the purpose of buildioj;
the extensions.
—
New Yorli Elf rated Railwaj. This Company proposes to
issue for constructing and equippicg its road 30,000 shares of
stock and 5,000 bonds, in addition to the 15,000 shares of stock
and 2,000 bonds already on the market. Tbe additional stock ia
to be similar to the latter, viz., sijates of $100 each, in scrip,
from 1 to 50 share.", and of 100 nnd the multiples thereof, registered al the Corn Exchange Bank. The additional bonds are to
be for $!,000 each, dated January 1, 1876 ; principal due January
1,1,906; interest 7 per cent, payable serai annually, January 1
and July 1 each year. They are numbered from 2,001 to 7,000.
This will make the capital stock of the road $5,000,000 and the
bonded debt $7,080,000. Of the first issue but 10,680 shares of
stock and 1,796 bonds have been disposed of. The Governing
Committee of the Stock Exchange h>ve iigreed to place the new
stock and bonds on the regular list after July 6.
FaciHc Mail
—Panama.—The
matters between these corpora
It i.H understood that the
maturing indebtedness of the Pacific Mail to July 1 was acknowledged to be $260,000, in settlement of which the Panama Railroad is to receive $100,000 in cash and $160,000in notes of thirty,
sixty and ninety days.
The notes are given by three membera
of the Pacific Mail directory.
Afti^r July 1, the amounts due to
the railroad company by the steambhip company are to be met aa
they accrue monthly. These payments do not include the indebtedness of $430,000, for which the railroad company holds the
steamship comjiany's notes. These notes have been extended for
three years from June 1. This settlement also leaves the Pacific
Mail a debtor to the Panama Railroad Company for $1,700,000, to
secure which the latter holds a bill of sale of all the veasela,
docks and other property o' the Pacific Mail Company.
tions are Slid to
have been adju>ted.
—
Paciflc Railroads. Among th« last acts of Congress was the
passage of the law creating a Bjard of Railroad Commissioners,
charged with the duty of investigating the cost and present
condition of each of the roads named in the acts of 1862 and 1861,
extending aid to the Union Pacific and other roads. They are
also to examine and report upon the relations of the several roads
to each other in regard to operating, and to ascertain all facta
necessary to show Congress what further legislation ia needed to
secure the rights of the several companies and those of the public
and the Government. There wasaUo passed the bill reported by
Senator Taurman, establishing the same rule for the Kancas
Pacific Road as was covered by the Sinking Fund Bill relating
to the Union and Central Pacific, the only difference beiof; that
the annual payment by the Kansas Pacific Company ia fixed at
$300,000.
An Auditor of Railroad Accounts has also been appointed, Mr.
Theophiius French, as the bead of a n«w bureau in the Interior
Department. It is his duty, under the direction of the Secretary of the Interior, to prescribe a system of reports to
be rendered by subsidized and land-grant railroads whose
roads are in whole or in part west, north or south of the
Missouri River to examine the books and accounts of aald
railroads once a year and at such other times as may be
deemed necessary to verify their reports; to assist the Govern,
ment directors in all mai,'ers that come under their cognizance when requested to do so; to see that tbe laws relating to
said railroad companies are enforced to furnish such information to the several departments of the Government in regard to
tariffs for freight and passengtrs as may be required or deemed
expedient, and to render a report to the Secretary of the Interior
on the accounts, affairs, condition, jcc, of said railroads for each
;
election of the Michigan CenRailroad took place in Detroit, June 24, and resulted in the
triumph of the Vanderbilt interest. The Vanderbift interest was
represented by about $10,000,000 in stock, or 100,000 shares, out
of a total of 187,500 shares. The great majority of this was in
the name of Mr. Vanderbilt or his sons, about 30,000 of these
shares only being voted by proxies. Shares to the number of fiscal year.
about 55,000 were voted, by 838 shareho ders, for the old board of
Petersburg. The receiver reports that the net earninga of
directors.
The final declaration of the result was that 99,065 this road for the year ending April 30 ware $!i7,145.
votes had been cast for the Vanderbilt board, to 57,125 for the old
Philadelphia & Reading.—This company's report (or May and
board. The names of the new directors are as follows
William the six months of its fiscal year ending May 81 ia aa follows
H. Vanderbilt, Augustus Schell, Cornelius Vanderbilt, Stmuel F.
-\
91x montlu
—
May
Barger, William K. Vanderbilt, Anson Stager, William L. Scott, Rross receipts
lS7r.
18:8.
187J.
1878.
Edwin D. Worcester, all from New York, and the East, and Ash- R^UIroad traffic
|i,35l.aM
$l,ini,197
t4,tat.(SS
$1,151.7%
114.t'97
l&I.SIt
101.M1
«I0,741
ley Pond, of Detroit. The new board of directors elected Canal traffic. .
»7S.<i80
SSt.44T
»1,»9I
»5,'»i
the following gentlemen as officers: President, William H. steam colliers
S5.C0«
M,M4
8,SiO
I7,«9t
Bichiuond barges
Vanderbilt; Treasurer, Cornelius Vanderbilt; Secretary, E. D.
$5.475.77t
$t.OW,»S
$I,3<J7,SS8
Total railroad compiDy.$l,t8il,<lS
Worcester Executive Committee, W. 11. Vanderbilt, Augustus
a.77S,6n
I,' 51,409
2,9 II, on
Coal £ Iron Company
<I63,6Se
Schell, Cornelius Vandeibilt, Samuel F. Barger.
tral
;
—
:
—
:
.
.
.
;
Missonri Kansas & Texas.— Tbe suit recently commenced in
the newspapers of this city, and afterwards in the Supreme Court,
by Lev; Parsons, against the Misaourl Kansas & Texas liailway
Total
$1,989,710
$2.4!87.r
$8.437,«il
$9,81S,«M
of the railroad company showadecreaaeof $101,313 tor the moLth, and $564,516 for the tix montha.
The etrninga
;
THE CHRONICLE.
654
—
Port Royal. At an adjourned meeting of bondholders the
majority report of the committee wag adopted, which provided ia
subatance for the issue of $750,000 of stock to be distributed pro
rata among the bondholders of the old company the issuing of
$1,750,000 of new 6 per cent bonds, payable 20 years from date
of these, $850,000 to be a first lien on all the property and franchises of the corporation, to be offered to the bondholders of the
old company for 80 days, and then to be offered in the open
market the proceeds to be applied, first, to the payment of the
foreclosure expenses and of any claims or debts that the court
may decree to be liens on the property of the road prior to the
mortgajje the remainder, or as much as may be necessary, to be
used in supplying additional rolling stock and outfit for the new
corporation; the balance $1,500,000, to be distributed pro rata
among the bondholders of the old corporation in exchange for
the bonds tbey now hold the interest on these to be payable out
of the earnings of the company, and in case the earnings in any
year should be insufficient to provide for the payment of the
coupons in full, such unpaid portion to remain a charge upon the
company; all the coupons to be payable in their order out of the
earnings of the company the holders to have the right to foreclose only in case ol default in payment of the principal.
The
following committee was appointed to complete the organization
of the new company and carry out the details: D. F. Appleton,
Ludwig Marks, and H. H. Boody. The following Board of
Directors was chosen to act during the first year: D. F. Appleton,
New York D. C. Wilson, Port Royal H. H, Boody, New York
H. A. Robbins, New York
C. L. Kubsamin, New York
A.
Marcus, New York Walter Luttgen. New York F. R. Appleton,
New York; and R. H. Tuayer, New York. The new corporation
is to be known as the Port Royal & Augusta Railway Company.
;
;
;
;
;
;
;
;
;
;
;
;
Routes to Chicago and Mr. Vanderbllt's I'laus.— Since Mr.
W. H. Vanderbilt has come into control of the Michigan Central
there has been considerable interest shown in the condition and
prospects of the Cbicago & Lake Huron road for some time past
hands of a receiver. The following
York Times from Detroit, June 27:
in the
New
a dispatch to the
is
"Mr. Vanderbilt to-day made a new move on Ihft railroad cheps-board in
lUe Grand Trunk has lately possessed ihroiigh connections with
Chicago via wliat ia known as the Chica>?ii & Lake H^ron Road, compo" d of
several short lines, and running from Port Huron westward throusih Flint,
Lansingard Battle Creek " * • "To-daj% one of theseshort Hues, known as
the Cbicago Noithcastern, running from Flint to Lansing, was taken possession of by Its immediate owners, undoubtedly acling in the Vanderbilt interest, and ihiough iriflic is entirely stopped.
Michigan Central locomotives
and rolling ttoc were sent up from Jackson for its use, and one of the locomotives was used at Flint to block up the track. These tactics have
completely shut the Grand Trunk out of Chicago by that line, and its managers declare their iuiention to operate their owu line and transfer passengers
this region.
and
;
[Vol.
much
better for the
whole country.
Rival roads seek to secure
more than their share of the business; violent competitions ensue, and equally violent fluctuations in rates, and this disturbs all commercial
calculations and valnes. What the people want is certainty and moderate
prices for freight. The object of all poo.Ing arrangements is to bring about
If it is accomplished, then the carriir and the shipper are equally
benefitted. The pool provides that all competitive business shall be proporliomtely divided, each competitor receiving what has been agreed upon as a
fair shire.
It differs from the railway combinations which in form-jr years
excited distrust, and the conditions which made them formidable no longer
exist.
Certainly all agree that the time has come t> stop by some process the
shameful waste of railway property which has been going ou for two years
past. These enterprisas have enabled this country to become the greatest
producer in the woild, and if they are crippled, producer and consumer are
Both losers. Lower rates have prevailed for ihe carriage of the great staples
than any legislature would venture to provide. This conditiou of affairs, if
continued, must end disastrously to all railway Investments, Superior natural
advantay^es, better management, and a greater volume of business will necessarily keep some solvent much longer than others, but every bankrupt line
eud- to drag others down. Such a road pays noihing to stockholders or
bondholders ; it has no responsibility to owners, patrons or the public ; it
does business comparatively for nothing ; its properly deteriorates and the
country through which it runs will, in the end, experience the disastrous
effects of its care essness and irresponsibility. If all the great trunk lines
were brought to that cordition. not only would immense properties be
destroyed, but credit and trade be so paralyzed that every interest and the
whole country would be irreparably injured. Tue pool tries to avoi 1 this.
The only danger that can be urged against the pool Is that it may establish
exorbitant pi Ices; but this Is impossible. The public have become used to
very low charge-*, and it will submit to no other. 'The best skill, the most
prudent management, the utmost good faith caonot provide for more
than barely living prices.
The wliolc cflort of the pool cannot raise
or keep the rate -of transportation to a figure so high but that the
most rigid economy and the ablest management will be requited to enable the
companies to live. The raUroads now existing, if crowded to their fullest
capacity, could do four times the business of the country. Of course, there
are a few enterprising merchants and shippers always seeking to do better
than their neighbors, who might r^-ap some temporary b.-nefiis while the
roads were destroying each other; but the true interests of all demand that
the rates shall be fixed and permanent, and that all castomers should be
treated alike. If there were only two rates during the year a summer and
winter one— and all shippers knew just what to expect, and were uniformly
dealt with, it would add immeasurably to the prosperity and stability of our
commerce. All combinations heretofore made, based upon different principles,
have been violated by the local agents in their anxiety to secure business and
favor friends. Under the equitable distribution of tonnage this becomea
very difficult, and a greater feuse of fairness and security prevails. Whether
oue or more lines could survive the bankruptcy of ail the others, and which
could live the looge.'t doing business for nothing, are not the questions; nor,
except as a matter of speculation, is it pertinent how much under equal canditions the line which has the best advantages and superior management may
make more than its less fortunate or badly-conducted rivals. The broad view
Iswhatisbe-t for the roads and every interest dependent upon them and
upon which they depend. I believe ihat of all the plans yet suagested or
tried, the division of tonnage under the present system produces most satisfaction and the most beneficial results. If any other scheme will work better,
then I am in favor of that. High rates In the future are utterly impossible.
Slability of prices, fair
The people are safe from extortionate charges.
rates for transportation, equiiable dealings with shippers and general prosembraced In
understanding
through
some
form
of
p rity can only be had
what ia genera ly styled a pool. Respectfully yours,
this rof nit.
—
W. n, VANDKRBILT.
freight at Its terminus."
Mr. Vanderbilt keeps the control of this route, a.s there
seems to be little doubt, that he can, there will only remain one
small piece of road north of the Pennsylvania Company's Chicago
lines which he does not control. This road is the Detroit & Milwaukee having its western terminus at Grand Haven, on T.ake
Michigan, and is operated by the Great Western of Canada, with
a transfer of cars across the Lake to Milwaukee. This road is
about to be sold in foreclosure, and if Mr. Vanderbilt wants it he
can probably purchase it for very little cash.
If
&
Terre Haute.— The followiag is the clause
in the lease of this company's road which limits the liabilities of
guarantors
their
the
on
guaranty of the lessee
St.
Louis Alton
:
Pn
"
tided, Nevertheless, that all the obligations of the parties
of the first, 8f cond and third parts hereto, created or intended to
be created hereby, shall be several and not joint, and as to each
of them for the equal third part of any and all damages
which may arise from any default of the said Indianapolis & St.
Louis Railroad Company, its successors or assigns, in the premises,
or for any breach of this agreement by the said parties of the
first, second or third parts."
Southern, of Longr Island.— The plan of the bondholders'
committee proposes that the road be foreclosed under the second
and third mortgages and purchased by the bondholders, leaving
the first mortgage for $750,000 undisturbed. A new company is
to be organized called the Montauk Railroad Company, and is to
issue $900,000 stock and make a new second mortgage for
$1,100,000, giving the present second-mortgage bondholders 60
per cent of their holdings in bonds and 40 per cent in stock, and
to the third-mortgage bondhc.lders 40 per cent in now bonds and
60 per cent in stock. Provieion is made for the increase of the
stock to $2,000,000 for the purpose of extending and improving
the road. The plan also provides for a new lease of the road to
the Long Island, with a guaranteti of the bonds, the rental for
the first ten years to be 25 per cent oi the earnings, the percentage
paid to be ri adjusted at the end of each ten years of tue lease.
The plan was Bubiuitted to a meeting held Jiine 25, and adopted
after
some
it out,
discussion.
and to take steps
The committee was instructed to carry
remove the trustees if they declined to
to
act.
Tlie
Railroad Pool— letter of W. H. Vanderbilt.— Mr. Vannow in Chicago, has given expression to his views on
derbilt,
pooling in the following statement for publication
:
Grand PACiric Hotel, Chscaoo, .June 25, 1S18.
In my interview wlih you this day you ask me to express my views upon
p»oling combinations, and whether, in my judgment, public policy and the
best imereta of trade can justify them. Upon ihis subject there is natnrally
great diversity of opinion; but if the whole question was thoroughly examamined and understood, I believe there .vou'a be substantial unanimity. The
great commercial, financial, agricultural aud industrial interests of the
country are all injured by such competition as has heretofore prevailed, with
its attendant uncenalniifs. fluctuations and bankrupicies, and, on the other
hand, they would be all benefitted by such a check as would secure fair
profits.
Trom a railroad standpoint, I am fully convinced that if reasonable and living rates of transportation could be maintained, and
iuveetors in railroad properties receive a fair
return, it would be
XXVI,
of the United States.— From advance
Tlie Railroads
sheets of tlie inroduction to Poor's Manual of the Railroads of
the United States, we have the following
The present volume of the Manual ia the eleventh annual
For the first time are the railroads of each State
number.
grouped togather, the statements for the railroads of each being
preceded Ijy tables, giving the names of the roads with the
mileage within each State, as well as the total mileage of each
:
road.
Mr. Poor remarks
:
the three previous years still continues.
Not only has there been a considerable decline iu the construction
of railroads, but the earnings also show a larger relative decrease
than at any period since the first publication of the Manual. The
number of miles of railroad opened during the year 1877 was
for 2,177, against 2.657 for 1876, 1,758 for 1875 and 3,305 for
The largest number of miles built has been in New
1874.
York and Pennsylvania, and in narrow-gauj^e lines in Ohio, Iowa
and Tex*s. No new lines of any considerable magnitude have
been undertaken. The tables which follow will show in what
The gross
sections there has been any considerable Increase,
earnings of all the roads whose operations have been reported
have equaled $472,909,272, against $497,257,959 for 1876, and
$503,065,505 for 1875. The general result of the operations of
our railroads for the last seven years is shown in the following
statement:
STATEMENT SBOWING MILES OP KAILROAD CAPITAL ACCODNT, BARNISaa, ETC.,
rOK SEVEN TEAFB.
Capital and
Mi es
Operated. Funded Debt.
Year.
The depression
1377
1876
1875
1874
1873
1878
H71
It will
of
74,112
7:l,5-S
71,759
6;).27;J
66,8)1
57,88H
41,614
be seen by the above that the gross earnings have fallen
aud the net earnings $15,473,055, ai compared
off $24,348,637
with 1876.
—
Uniou Pacific. The official announcement from Boston is
made that the compaivy has decided to pass the nest quarterly
dividend. The following is the statement in full
"Boston, Juno 21, 1878.
" To tin Stockholders of ths Union Pacific Railroad Company :
"The large sums due to this Company from the United Stales Government
for transportation se^vice^ amounting to $3,000, 00, for nearly half of which
judgment has been rec.ivered, and in the opinion of our counsel judgment of
the residue will soon be obtained, and withheld by the Qovercraent on the
ground of lis unset lied claim of 5 per cent of th net earnings of the Company. The principles on which such claims rest, as well as the amount
iheieof, are in litigation, and cannot be determined until the fii al judgment
of the supreme Court of the ITnited States has been obtained, which decision.
The recent legislation <f Congress has also
It is hoped, can be speedily had.
led to some perplexing questions as to tue policy and legal rights of ihe Company, In this attitude of iflairs, that thetction the company may be cautious
and conservative, it is deemed wise by the Executive Comm.ttee that the
usual quarterly dividtud of July 1st be p«»sed,
;
•
"Elisha Atkins, Vice President."
\
. ..
.
Jdmb
:
:
THE CHRONICLE.
39, 1878.]
655
TT O N.
OO
glte (S^ommtxcml ^im^s.
Fbidat, p. M., June 28, 1878.
CUMMERCIAL EPITOME.
Tub Movement or the Crop, as Indicated by our telegrama
from the South tonight, U given below. For the week ending
this evening (June 28), the total receipts have reached 6,879
bales, against 10,721 hales last week, 11,231 bales the previoaa
week, and 12,380 bales three weeks since, making trie total
FRIDAY NiOHT. June 28, 1878.
Sammer stagnatioD has come upon business circles. Tbere is
anxiety
to
escape
from
the
heat of the city and secure a
more
period of recreation than to promote trade. All that can conveniently be omitted is therefore left undone. The weather has
become very hot, and its suddenness has added to the discomfort
It is, however, very beneficial to the croi>s tbroaghit causes.
out the country in fact, precisely what was needed to prevent
disaster to them. Yet prices of farm products are so low that it
Thii
is claimed they leave but small returns to the farmer.
fact, however, though unfavorable to the ptodocer, is favorable
Besides, it should be remembered that the
to the consumer.
economies in prodnction are very decided this year, and that low
prices do not necessarily mean no profits.
The market for pork has been variable in tone, but closes
about as la»t Friday, the principal feature of to-day's transactions
being 4,500 bbl. for September at |10 35@10 40. Lard was buoyant early in the week, but has latterly been drooping, and cloftes at
a slight decline, prime Western selling to-day at $7 20, spot and
July, $7 25 for August and $7 30 for September. Bacon is more
Western short clear sold to-day at f6 15 per 100
firmly held
lbs., and half-and-half held at 6c. Cut meats have again advanced,
with sales of pickled haras at 10c. and upward, but the close is
quiet.
Swine have been scarce and advanced ^c. per lb., but
closed dull. Beef is dull and nominal. Tallow has ruled dull
but pretty firm at 7c., and choice sold at 7|c. Siearine sold at S^c.
prime Western quoted at 8c. Butter in large
for choice city
supply and slightly lower. Cheese ruled firm for choice quality
and color for the Loudon market, but *other grades were weak.
The following ia a comparative summary of aggregate exports
—
;
receipts since the Ist of September, 1877, 4,237,315 bales, against
3,9351,656 bales for the same perio<l of 1876-7, showing an increase
since Sept. 1, 1877, of 298,659 hales.
The detuil.s of the receipts
for this week (as per telegraph) and for the corresponding weeJu
of five previous years are as follows:
Kecolpts this w'k at
1878.
New
Orleans
Mobile
1,043
1,352
12
1,100
..-..-
&b
Indiauola,
Tennessee,
&c
1,303
302
4
2,123
...
Total since Sept.
1.
2,257
1,456
493
879
800
1,192
2
29
888
2,063
111
1,054
616
143
78
1,251
6,879
6,519
City Point, Ac
1874.
862
341
423
2d2
753
38
Norfolk
week
1878.
3,194
29
128
787
271
North Carolina
Total this
1876.
888
391
302
93
451
179
27
Port Royal, Ao
Savannah
1877.
1,500
3
101
435
753
7
493
1,671
29
67
521
33
8,559
6,108
8,457
497
4,237,315 3,938,656 4,056,109 3,457,934 3,761,017
;
from November
1 to
June
15, inclnsive
:
45,861.«00
437,9SS,905
a43,353.2i»
1876-77.
4-J,6M,800
233,433.303
1S°,SS«.011
733,300.3il
631,653,114
ISII-'ta.
Pork.lbs
Bacon and cut meats, lbs
Lord, lbs
Total, lbs
Increase
3.IBi.4u:i
104,'63,'C«
The exports for the week ending this evening reach a total of
15,519 bales, of which 11,513 were to Great Britain, 167 to
France, and 3,839 to rest of the Continent, while the stocks as
made up this evening are now 173,737 bfcles. Below are the
stocks and exports for the week, and also for the corresponding
week of last season
8<,8n.J38
EXPORTED TO—
Week
197,517,240
ending
Kentucky tobacco has met with a brisk demand the sales of June 28.
week are 1,100 hhds., of which 1,000 for export and 100 for N. Orl'ns
France.
Britain.
this
Same
Week
Week.
1877.
Total
Continent.
STOCK.
1878.
1877.
4,609
2,025
33,248
---.
520
64,051
8,433
4,413
2,429
12,553
125,562
5,468
34,000
;
the
home consumption.
Mobile
and 5i@13c.
Charl't'u
Prices are well supported at 2K(*4ic. for lugs
Spanish tobacco in fair
for leaf, as in quality.
request, with sales of 500 bales Havana at 80c.@$l 10. Sded
leaf continues active, with sales for the week uf 2,724 cases, as follows : 2,200 cases, 1877 crop, Pennsylvania, 9 to 17c. ; 101 cases,
Eng1876 crop, Pennsylvania, 7ic.; 150 cases, 1876 crop.
Eagland, 27ic.; and
and, 10 to 20c. ; 222 cases, 1875 crop.
51 cases, 1877 crop, Ohio, 7ic.
The business in Brazil coffees has been quite moderate, and,
owing to increased arrivals and heavier stocks, prices are somewhat lower and easy fair to prime cargoes, 15i@16Jc., gold
stock here in first hands of 113,042 bags ; mild grades are about
steady, though quiet, the sales including 5,066 bags Maracaibo, in
lots for coiiBumption, and 4,113 bags St. Domingo in transit to
Europe. Domestic rice has a good, steady jobbiog trade at firm
Foreign molasses is still dull, and closes weak at 34@
prices.
Orleans steady at 25@47c.,
34^0. for Cuba refining, 50 test
the latter figure for choice. Refined sugars have latterly be°n
more active and firm standard crushed quoted at 9ic. Raw
grades also have been in better sale and more steady ; fair to good
refining Cuba quoted at 7 3-16@7|c.
New
New
;
;
;
New
;
Slock Jane
1,
1878
Receipla ajnce June 1, 1878
Bales ainne June 1, 1878
Stock June 26, 1878
Stock June
27. 1877
Hhds.
Boxes.
Bags.
Mclado.
51,139
59.9)7
42,212
69,354
108,867
13,033
J,339
»,8C5
116,090
9»
3».411
2,S8S
2,336
861
1,495
H,10«
805,457
136,244
l'J,U9
8-JJ,129
for naval stores has shown some irregularity, not
say weakness, owing mainly to the continued dulnesB; common to good strained rosina quoted at |1 45@1 50 spirits turpentine closes at 29(a'29ic. Petroleum has declined, with little or
nothing done until last evening and to-day, when exporters suprefined, in
plied the immediate wants; crude, in bulk, 6lc.
bbls., lie.
Ingot copper was quiet and unchanged at 16f@16ic.
Whiskey dull at $1 08J.
for Lake.
The business in ocean freight-room hag been quite liberal,
though latterly rates have shown some weakness, the demands
falling off somewhat.
Late engagements and charters include:
Wheat to Liverpool, by steam, 7}d. per bushel bacon, 30(3358.
per ton cheese, 458. per ton flour, 28. 6d. per bbl.; beef, 6b. per
tierce; pork, 58. per bbl.; cotton, by sail, 3-16c. per lb.; grain to
London, by steam, 8d., 60 lbs. hop8,f@id. flour, by sail, 2s. 6d.;
grain to Glasgow, by steam, 8d. per 56 lbs.; flour,3s.@3s. 8d.; do.
to Havre, by steam, lOd. do. to Antwerp, by sail. 8i<i.; oats, 12c.,
gold, per bush.; grain to Rotterdam, by steam, lOd.; do. by steam
to Hamburg, 1-50 marks
do. to Cork for orders, 68. 3d. per qr,;
do. to Bast Coast of Ireland, 53. 7id.; do. to Continent, 6s. 3d.: do.
to Bordeaux, 68.3d.; do. to direct French port, 5a, 9d.@6s.; do. to
Dutch porta, 68. 3d.; refined petroleum to the Baltic, 6s. 3d.@
6s. 6d. per bbl.; do. to Antwerp, 48.; do. to Bremen, 3a. Od.; do. to
direct United Kingdom, 49. Od.@48. 7id.; do. to Bilboa, 6s.; do. in
cases to Odessa, 3ulc., gold.; naphtha to London, 48. 3d.; do, to
French ports, 4s. 6d. To-day, rates were about steady, with a fair
business grain to Liverpool, by steam, 7id.; cotton, Jd.; grain
to London, by steam, 8d. do. by sail, 71d.; flour, 2s. 3d.; grain to
Cork for orders, 6s. pe' qr.; do. to East Coa^t of Ireland, 5s. lO^d.;
do. to Rotterdam, 6s.; refined t)otroleum to Bremen, 48.; do. to
the Baltic, Ss. 3d.@58. 6d.; do. to direct United Kingdom, 4s. 6d.;
do. to Newcastle, 48, lO^d,; do. ia cases to Odessa, 381<335c.,
gold.
The market
to
;
;
;
;
;
;
.
;
4,381
2,746
....
Savau'h.
...-
167
2,967
6,687
1,510
....
195
1,705
11,513
167
3,839
15,519
3,553
NorfolkOther*
--.:
.
1,892
1,852
....
3,799
8,128 114,624
1,802
796 16,000
....
...-
Galv't'n-
N. York.
Tot. this
week..
15,558 173,737 256,914
Tot.since
Sept. 1. 2104,869|493,216 676,381 3274,466 2960,749
• The ezporta ttala week under tbe bead of " other poru" Inclnde. from Baltl.
more. 353 balea to Llrerpooi: and IM bales to Continent; from Boaton, 1,198
balea to Liverpool.
In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, at
add also similar figures for New York,
the ports named.
which are prepared for our special use by Messrs. Carey, Yale ft
Lambert, 60 Beaver sti'eet
We
On Shipboard,
JCNB
28,
AT—
Liverpool,
New Orleans
Savannah
Galveston
New York
Total
•
Included
In this
not cleared— or
Other CoastFrance. ForelKn wise.
800
StockT
400
400
None.
430
None.
None.
•5,617
430
400
14,817
141,504
None.
None.
515
1,950
8,515
2,750
None.
Leaving
Total.
24,500
2,746
1,452
3,799
109,007
None.
None.
None.
None.
8,000
None.
None.
None.
Mobile
amount there arc 2,722
None.
None.
8,800
None.
bales at Presses for foreign
which we cannot learn.
the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a deereais
in the exports this week of 39 bales, while the stocks to-night
are 83,177 bales lets than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to June 21, the latest mail dates:
ports, the destination of
From
RECEIFTS SINCE
;
Ports.
SEPT.
1877.
;
;
677
3,704
2,746
N.Orlns 1363,664
Mobile. 410,861
Char'n* 457,153
592,104
Sav'h
443,124
Galv.*
N.York 142,010
14,228
Florida
N. Car. 142,414
Norrk* 504,613
Other.. 159,665
.
1.
1876.
EXPORTED SINCE
Great
Britain.
1173,773 798,671
356,275 103,635
467,666 131,935
472,471 176,247
499,374 186,172
120,520 314,472
20,373
35,007
128,126
548,568 156,687
144,991 190,530
SEPT. 1
„
,. Other
"an«e-
Foreign
TO—
Stock.
Total.
324,621302,140 1426,432 88.9U
5,093
20,146 31,566 161,347
781
70,355 103,584 305,874
3,743
30,351 138,748 361,346
3.937
26,971 11,291 224,434
6,760 43,441 363,663 134,318
1,780
1,075
19,890
86,677
2,929 160,691
18,953 209,483
889
2,800
17,000
;
Thlsyr. 4230,436
i2093,356|493,049|672,542'3258,947J 195,769
,1932,137 2075.194 447.98l'422,016 2945.191 276,368
Lastyr.
• Unaer the bead of Charltion la laduded Port Kor»l.*c.: under the hMd of
OartSSon uincladei ladUaola, »c.; uBdw the head of A-or/im u udaded Oiy
Point, *c.
..
. .
;
THE
656
(
;
HRONICLE.
These mail returns do not correspond precisely with the total
of the telegraphic figures, because in preparing them it is always
necessary to incorporate every correction made at the ports.
There has been a dull and drooping market for cotton on the
spot, and prices at one time declined, quotations being reduced
There was some business for export on Satur1-lGc. on Tuesday.
day afternoon, and a slight revival of the demand from home
Bpinners on Wednesday, but not enough of either to afford relief
Yesterday, the decline of Tuesday
to the stagnation of trade.
was recovered, but business was trifling. Today, there was a
steady market, with a fair demand for home consumption. For
future delivery there was on Saturday and Monday some eif ort to
promote a recovery of values, but with little success, and on
Tuesday there was a decided decline, followed on Wednesday by
continued depression, though the decline was not so great as on
Tuesday. Liverpool was reported slightly lower for futures and
the weather at the South had become all that could be desired for
the growing crop, giving greater plausibility to the argument
that the crop will be available at so early a date and in such quantities as to obviate the dangerof scarcity at any time in the pericd
which may be described as " between seasons." The desire to
realize the better prices of August and September, and the
increased facilities for moving the crop, were descanted upon with
success by the bears in their efforts to depress prices. Besides, it
was admitted on all sides that it will not be desirable to open the
season for a large crop at a range of values that has no substanThe close on Wednesday was for the present
tial foundation.
crop at a decline of 10@12 points, and the next crop was 6@9
points lower. Yesterday, the decline of the previous two days
in this crop was nearly recovered, owing to a stronger report from
Liverpool, which caused a demand to cover contracts, but the
next crop was only slightly dearer, except for September and
October, although some reports from the South said the clear
weather had come too late, as the plant in many fields was overgrown by grass and weeds. To-day, there was a quiet market,
opening weak, but^the close was 4@6 points higlier for all
deliveries, and slightly dearer than last Friday.
The total sales for forward delivery for the week are 237,400
free on board.
For immediate delivery the
bales, including
total sales foot up this week 4,985 bales, including I.IUO for
134 for speculation. Of
export, 3,761 for consumption and
The following tables show
bales were to arrive.
the above,
the ofEcial quotations and sales for each day of the past week
—
—
UPLANDS. ALABAMA.
Saturday, June 22,
to Friday.June 28. Sat.
N.
OELE'NS
TEXAS.
Bales.
7,800
10.900
7,700
5,600
2,000
For Jnne.
CtK
Bales.
100
...11-30
!r40
H-41
400
1,«00
100 B.n
[Vol.
11 <4
200
100
800
«K1
100 e.n
800
300
ll-4.'i
11-47
11-48
11-40
1150
1.900
B,3«0
4,600
3.000
1,300
11-50
.S,500
200
n-51
S.Oflfl
1500
11-52
300
1,700
1,200
11-54
For July.
2,700
2,300
3,000
11-39
11-40
11-41
200
200
800
600
U-42
IH4
Low Mid
MiddliiiK
ll'^ie
Good Middling
etrirt Good Mid...
11^8
123,8
12ll,6
13'ie
Middling Fair
Fair
Ordinary
^
Btrict Ordinary
. .
Good
Ordiiiarv-
.
Btrict
Good Old..
lb.
ll'ie
ll'e
i
10%
10%
11
113,6
11
11
113,6 113,0
Middling
11%
11%
Good Middling..
Strict Good Mid..
1113,0 1113,
1218
1218
1258
12%
11-43
...11-44
11-46
11-47
11-48
11-49
11-BO
11-61
11-52
11-53
11-54
11-55
11-56
2,800
3.200
4,800
800
1.500
4.700
1.900
1.500
1,100
1,700
ft.
Low
Middling
Strict
Low Mid
Middling
Good Middling
Btrict Good Mid.
Middling Fair
Fair
.
I
10
10
1012
1078
Ills
115,8
101a
1078
Ills
116,0
llHi
10
10 la
12%
13%
Th
11
11S,„
11%
12%
13%
12%
12%
12%
12%
131,!
I3I2
1312
I3I2
Th. FrI. Th.
FrI.
99"JO
99,6
99j„
9'»io 91*,6 91
107,6 1107,6 107,8
1013,0 1013,6 1013,6
lUlO lUlG ll'io
11 '4
11 I4
11 I4
117,0 !ll7,8 117l8
1178
1178
ll's
123,8 123,6 123,6
1211,0 1211,6' 1-21110
137,0 137,0 137,8
911,0
99jo
910,0 101,6
107,0 109,6
1013,8 1016,1
UI18 113,8
III4
11%
117,8 119,0
1178
12
123,6 125,6
1211,6 1213,8
137,0 139,6
911,ol
101,8
109,6
1015,0
113,0
911,,
|
FrI.
9"io
101,0
109,0
lOlOK 1016,0
113,0 113,8
101,6
10?J6
11%
11%
11%
119,0
11»10 119,8
12
12
125,8 125,8
12
125,6
1213,0 121316 1213
139,6 139,0 139
STAINED.
Moil jTnes
Sat.
Good Ordinary
....^
97j6
91»,8
B>.
Ix)W Middling
Middling
107,6
ll'io
9%
Wed
2,700
3,400
3.300
9%
97,6
91^,8
107,6
10%
10%
lHio
11
11
97a
97s
FrI.
<)7,6
978
916,6 916,0
107,0 107,0
111,8 111,0
6.400
6.700
7,700
5.200
2300
4,400
Sat
Dull, easier...
.
Mon
Tnes
Wed
.
.
Firm
.
Total
1
C
lu-
Bit.
Total.
719
719
l.lOOi
47r.
1,57.^1
257
710
606
....
2.'i7
Dull
....'
....'
710
482
Quiet, steady.
8pec-!Tran-
....I
Quiet, lower..
Thurs Quiet, higher.
Frl.
Ex-
124
1,118
....1,118
1,100
3,7i!ll
1241
DelivSales.
30,800
28,100
33,700
61,300
53,800
23,700
eries.
200
200
300
400
200
200
4,9851237, tool 1,500
free on board)
For forward delivery, the sales (including
baye reached during the week 237,400 bales (all middling or on
the basis of middling),' and the following is a statement of the
ale tnd prices:
,
100
2,800
1081
800
500
400
200
900
100
100
300
100
1,000
10-82
10-83
10-84
10-86
10-86
10-87
10-88
10-89
10-90
400
800
100
500
10-92
10-04
10-95
For February.
10-90
10-93
10-94
10-95
100
500
11-39
11-40
11-41
1.100
1,900
900
1098
U-42
1,400
2,000
1,900
1,500
10-97
11-00
For March.
01
pd. to exch. 200 -luly for August.
pd to exch. 100 Sept. for July.
pd. to exch. 100 Juue for Aug.
02 pd. 10 exch. 600 July for Auu.
•34 pd. o exch. 300
pr. for Aug.
02
,^
11-07
11-08
:i-io
11-18
700
For April.
10-79
10-80
10-81
100
200
1,300
l,f00
1,200
300
400
100
1082
10-83
10-84
TOO
11-12
11-13
11-16
11-16
11-17
11-18
11-20
11-88
200
600
100
For December.
1,100
1085
300
300
800
600
700
10 86
10-87
10-88
10-89
10-90
1,400
2,300
4,000
For May.
1091
10-92
I0-<3
10-95
900
200
200
11-23
11-25
11-27
11-28
11-38
200
300
100
100
200
900
13,900
The following exchanges have been made during
•32
11-00
U-04
300
100
100
200
6,000
1098
1099
100
200
300
iO-91
2,200
the week:
300 Jane for July. even.
-01 p I. to exch. 400 July for Aug.
100 June for July. even.
-01 pd. to exch. 400 July for June.
-02 pd. to exch. 400 Aug. lor Ju y.
The following
will show the closing prices bid for future
delivery, and the tone of the market at three o'clock P. M., on
the several dates named:
MIDDLIJJG UPLANDS— AMKRICAN CI.ASSIFIC.VTION'.
Thurs.
Frl.
Fri.
Sat.
Mon.
Tuos.
We<l.
Market— Lower.
Jnne
July
11-50
11-51
August
1
Soptcrabor
October
1*53
November
]>ccember
April
May
Transfer orders
Easy.
100%
Gold
—
Str'nger. Str'nger. Lower. Lower. High'r. High'r
""""
""
'"
11
11-49
11-53
"
11-45
11-40
-.^1
ll-.5§
11-53
11-55
11-23
11-05
10-91
10-90
10-95
11-01
11-12
11-21
11-31
11-55
11-54
11-55
11-25
11-05
10-92
10-91
10-00
11-03
11-12
11-21
11-31
11-55
lOO-'s
4-,S3i4
4-8314
11-45
11-47
11-17
10-97
10-85
10-84
10-89
10-i)8
11-08
11-16
11-26
1 1-45
Steady. Quiet. Steady.
100-%
100%
11-40
11-41
11-12
10-94
10-82
10-81
10-87
10-95
11-05
11-13
11-22
11-40
Dull.
100%
11-49
11-48
11-17
10-99
10-86
10-85
10-89
10-97
11-06
11-55
11-52
11-22
1105
10-91
10-90
10-95
11-02
1110
1116
11-20
11-30
11-26
11 -.'55
11-50
Firm. Strong.
100%
100%
4.8312 4-831*
Exchange
..
The Visible Supply of Cotton, as made up bj' cable and
4-8314
4-8314
4-83 ifl
The Continental stocks are the figures
telegraph, is as follows.
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (June 28), we add the item of
exports from the United States, including in it the exports of
Friday only:
1876.
187.5.
1877.
1878.
»18.000 1,009,000 l,012.0f)0 1.0;i0.000
Stock at Liverpool
46,000
52,000
105,000
11,750
Stock at Loudou
Total Great Britain stock
at Havre
at Marseilles
at Biirceloua
Stock
SI ock
Stock
Stock
Stock
Stock
Stock
Stock
Stock
iit
829.750 1,055.000 1.064,000 1.135,000
105.750
218,500
176,000
218,500
8,500
10,000
8,000
6,500
88.750
52,000
80,750
35,500
15,000
16,500
15,000
7,000
54.250
42,750
73,2.50
47,250
39,50061,250
58,.500
57,250
15.500
10,000
12,2.50
11,500
19,000
4,250
7,750
6,500
25,.500
16,000
10,000
26,750
.
Hamburg
at Bremen
at .Vnistcrdam."
at Kottcrdam
at Antwerp
at other conti'ntal ports.
418,750
Total continental ports
402,750
463,250
382,500
Total European stocks.. .. 1,248,500 1,517.750 L„527,2.50 1,517.500
649,000
356.000
405,000
India cotton atloiit for Europe. 244,000
156,000
187,000
227,000
Amei-'ii cotton atliiat forEnr'pe, 132.000
12.000
173,737
13,357
United States ports
Stock in U. S. interior ports..
United States e.\p jrts to-day.
Sto'ck in
.
19.000
21,000
2.56,914
278,2.57
20,589
35,430
4,000
200
31,000
192.270
17,808
2,000
Total visible eupply.bale8.1,823,794 2,397,253 2,457,937 2,505,»78
Of the .above, the totals of American and other descriptions are as
follows
Liverpool stock
Continental stocks
SALKS or SPOT AND TUANSIT.
port. Buini) ul't'u
10-93
10-95
10-96
•
For November.
58^300
11-43
11-44
11-45
10-9-^
100
,.11-08
American—
MAIIKET AND SALES.
SPOT MARKET
CLOSED.
U-24
11-28
11-28
200
For August.
200,
2(X)
20,200
For October.
300
200
10-87
10-88
10-89
10-90
10-91
300
11-21
11-S2
11-23
Eu'vpt.i;razil,\c..afltforE'r'pc
Th.
400
Otn.
800
500
400
11-20
3X00
33,400
Closed—
126,6
1213,0
139,8
1078
Ills
116,0
115,0
Ilia
11% 11% III2 lllfl
1113,( 1113,0 1115,6 1115,0 1115,,! 1116,0
I2I4
I2I4
12 14
1214
1218
1218
I
^
10%
10%
103*
Tb. Frt.
Ordinary
10
101^
1078
978
10%
13%
13%
Good Ordinary
Strict Good Ord...
12
12
126,0 125,0
ll's
Tnea IVed TOOB \Ved Tnes Wed Taes W^ed
9I2
9I2
9 '2
913
9%
9%
9% 9%
9^8
Strict Ordinary...
11%
11%
12
126,6
12''l6 l2SjB 123}r,
121I16
1211,0 1213,0 1213,0 1213,8
11.37
139,0 139,6 139,6
137]„
10%
10%
Middling Fair
Fair
11%
Ifio 110,8 119,6 119,0 119,0
ifs
9 '8
Low Middling?
Strict Low Mid...
11%
11^
11 14
11 'iB
500..
nil
.11-13
11-14
11-16
ll-!6
11-17
11-18
11-19
500
11-11
11-20
11-29
11*55
Btrict
600
Bale«.
02
Il-M
1111
1101
Middling
1015,6 1016,6 IOI616
ll^io 113,0 113,8
11-04
11-05
11-08
11-07
11-10
March
Low
10i:<ia 101»16 lOlSis' 101:1,0 lOis,,
ll'io lUie llhe U'lO 11.1,6
2,000
1,100
700
February
. .
Good Old...
U-03
1,400
5,100
3,500
Jaiuiary
Man.
Sat.
11
1,8(X)
11-65
ll-BO
ir!)7
11-58
11-59
2,T00
8.400
6,000
3.300
4,700
4.900
3,000
For JaDuary.
Cts.
li-Ol
700
1,800
For September.
8,200
Strict
non
Sat.
Balci.
83,700
Ordinary
^ lb. 09,0 99io 90] 6 9»jn 911,, O'lio 91I10 911,8
!)15,,
Strict Ordinary
!)'^iii
91»I6 101,0 101,0 101,8 101,0
Good Ordinary. .. 101] 6 107,6 lOllG 10m6 10»,o lOSio 109,8 109,8
non
Sat.
..
t".
11-5,S
11-21
11-02
10-89
10-89
10-93
mon
(
1143
11-47
11-4S
11-49
11-50
11.51
11-52
11-53
XXVL
Ainericiin afloat to Europe ....
United States stock
United .States interior stocks..
United States cxiiorts to-day..
649,000
355,000
132,000
173,737
13.357
042,000
379,000
227,000
256,914
20,589
586,000
337,000
187.000
278,257
622,000
189,000
1 56.000
3o,4.i0
17.808
200
....
-4.000
2,000
1112,270
bale8.1,323,294 1,525,503 1,427,687 1,179,07&
Total American
East Indian, Brazil, itc.—
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, &c., afloat
Total East India,
Total American
69,000
11,7.50
63,750
244,000
12,000
367,000
46,000
83,750
356,000
19,000
871,7.50
!50O,.5O0
l,3'23,-i94 1,525,503
&c
Total visible supply
Price Mid. Upl., Liverpool
1
1
.
426,000
52,000
126,250
405,000
21,000
408,000
105,000
l!);i.500
649,000
31,000
1,030,250 1.380,500
1,427,687 1,179,0/8
823,794 2,397,253 2,457,937 2,565,578
6:iied.
6s,«d.
Ci.
7 3i«d
I
...
Jdnk
1
THE CHRONICLK
29. 1878.J
These figures indicate a dfertntt in the cotton In sight to-night
of 578,451) ImloH as coinparod with tlie same date of 1877, a
dtcreate of 0H4,H3 bales as comparod witli tlio corresponding date
of 1870, and a decreane of 741,784 bales as compared with 1875.
At the Intkhior Ports the movemont— that is the receipts
and shipments for the week, and stoclis to-night, and for tlie
corresponding week of 1877 Is set out in detail in the following
statement:
—
Week ending June
28, '78.
Week endiuK June
Receipts Sblpm'ts
Stock.
Receipts Shlpm'ts
AuiniBtn, On..
160
Columbus, Ga.
Mafon, On
MoiitKoinery, Aln
82
12
131
1,859
NoDlivillo, Teuu .
39
824
179
432
720
39
50
318
89
1,427
3,178
13,357
638
50
60
Bclmn. Ma
Mompliis, Tonn..
Total, old ports.
Dallas, Texas
Jefferson, Tex.
108
208
375
81
115
72
50
3,177
790
026
804
306
325
11
*1,407
675
5,653
71
123
3,036
648
0,303
50
104
298
ColunibuB, Uisa.
Eufauln, Ala
26
"79
42
110
571
145
151
034
2,468
1,941
2,381
3,456
1,427
1,087
4,349
3,809
3,906
7,883
2,164
6,350
15,222
5,236
7.084
21,240
2,802
12,659
35,811
Vlckslnirg:,
..
La
.
1
Oa
Atlanui, Os
Homo, Ga
Grlffln,
Chariot to, N. C...
St. Louis,
Mo
Cincinnati,
Total,
O
new
p'rts
14
286
141
86
103
81
272
115
605
237
287
25
7
71
102
41
31
293
lowest 80.
We
JVeu) Orleans, Louisiana.—
have had rain on three days of
the week, the rainfall reaching one Inch and one hundredth. Tlw
—
—
—
Miss
BUreveport,
are having too much rsln.
Caterpillar reportn are rnlterated and
planters are preparing to poison.
Crops will b-! good if wo can
only have dry weather.
Average thermometer 83, liighest 95 and
thermometer has averaged 81.
lihrefeport, Louinatm.
The weather has been more farOTabto
this week than for many weeks past.
On sandy lands cotton
'77.
29,
looks very promising; but on low, heavy lands the crop Is r«K)rte<l seriously damaged in consequence of continued rains,
Stock.
sports regarding cotton are contradictory.
Corn pretty well
Average thermometer 80, highest 92 and lowest 68. Th»
2.686 made.
2,317 rainfall has been forty-four hundredths of an inch.
Oil
Vicksburg, Mississippi.-'Vhe thermometer has averaged ?•
1,239
600 during the week, the highest point touched having been94 and
Rain has fallen on two days, with a rainfall of
10,802 the lowest 67.
2,034 twenty-four hundredths of an inch.
Columbus, Mississippi. Wo have had a rainfall^ during the
20,589
week of eighteen hundredths of an inch.
138
Little Bock. Arkansas.
The weather during the week was dry
302 and pleasant, until Thursday evening, when we
liad a thunder
330
storm,
with
quite
a
rain.
Croj)
reports are favorable from every
758
40 quarter. Average thermometer 75, highest 87, and lowest 65.
389 'I'he rainfall has reached seventy-two hundredths of an inch.
76
Nashville, Tennessee.
During the week just closed the days
1,593
383 have been wann but the niglits have been cold. The thermom340 oter lias averaged 73, the highest being 84 and the lowest 62. It
4,082 has rained on
two days, with a rainf^l of ten hundredths of an
6,785
10
67
140
381
21
116
7
82
369
138
110
657
—
inch.
—
43,29 i
15,-37
48,062
"
IS
41,6^0
21,183
51,391
130,161 I33,36;J 108,633
39,289
13,897
40.033
•
Memphis, Tennessee. Excepting a rain of two hundredths of
an inch on one day, the weatlier during the week has been warm
and dry, the thermometer averaging 79 and ranging from 63 to
94.
The crop is developing promisingly, and good progress is
being made in clearing the fields of grass.
Mobile, Alabama. — It has rained, very lightly, on one day, the
balance of the week having been fair. Crop accounts are more
favorable, and good progress is being made in clearing the fields
of weeds.
Average thermometer 81, highest9i and lowest 68.
Montgomery, Alabama. We have had no rainfall during the
week, the weather having been warm and dry. Tlie crop is developinof promisingly, and accounts are more favorable, with
splendid prospects. 'The thermometer has averaged 80, the extreme range being 66 and 94.
Selma, Alabama. The weather here has been warm and dry
all the week.
The thermometer has averaged 77.
Madison, Florida. Rain has fallen on three days this week,
tlie rainfall reaching thirty-three hundre<Uhs of an inch.
The
thermometer has ranged from 7 1 to 85, averaging 78. There ia
19
SO,»iO
18.010
89,016
127,296 128,411
95,979
28,062
13,058
86,362
some
38
89,853
26.611
88,356
U0,626 117,074
89,142
23,.383
15,384
32.019
Total, all.
"
I
Counted to-day (Friday).
The above
totals show that the old interior stoclcs have
deereated during the weels 1,950 bales, and are to-night 7,332
bales less than at the same period last year.
1 he receipts at the
same towns have been 789 bales more than the same weel£ last
year.
—
Receipt from the Plantations. Referring to our remarks
n a previous i.ssue for an explanation of this table, we now bring
the figures down one week later, closing to-night:
I
RECEIPTS PBOaC PLANTATIONS.
Week
ending-
Receipts at the Ports.
1876.
167
1S78.
Stock at Inter'r Ports Rec'pts from Planfns
1876.
1877.
1878.
1876.
1877.
1678.
I
April
••
Hay
5,
55,804
26,587
69,8S6| l:«.495 140,019' 119.991
3.
26,002
16,660
31,196
116,076 11.7,534
75,550
80,232
7,030
17,604
10.
S6,4tl
17.309|
84, J5;
106.801
97,696
65,770
17,6661
7,471
14,472
••
17
19.993
16,288
20,797
99,966
86,376
56,438
13,660
4,%3 10,760
"
M.
16,:J30
12,147|
19,733
93,916
79,009
46,305
9,330|
••
81.
13,810|
9,669
18,220
87,711
67,786
39,025
8,f,(»:
Jone 7.
" 14
10,458
9,.390'
82,569
67,509
31,154
5,314
11,^5!
76.054
62,164
29.315
1,92:1
3,1 ;i
6,392
10,731
67,712
45,769
28,237
2,151
S,141
4,693
6,87a
61,078
36,811
2I,24U
"
'
"
81,
88.
Total.
8,44t|
10,493
8.559I
8. 52^1
6.519
293.7311 197,0551
314,5!i7i
4,7c0
9.604
10,940
7,5:9
1,923
4.838
314.809' 87,547 2.33..30 .2
This statement shows us that although the receipts at the ports
past week were 6,879 bales, the actual from plantations
were only 4,833 bales, the balance being drawn from stocks at
the interior ports. Last year the receipts from the plantations
for the same week were
bales, and for 1876 they were 1,935
the
bales.
Weather Reports by Telkoraph.—There has been a
very decided and satisfactory change in the weather almost
everywhere in the South the past week, little rain having fallen,
and the temperature being higher. Reports are therefore more
favorable, and generally they are very promising.
In parts of
Texas, however, there has been more rain, and damage is feared
on that account. Warm, dry weather is greatly needed there, as
the grass in a considerable section has become troublesome.
OcUtsestoii,
Texas.
The weatlier has been warm and dry
througliout tlie week.
hdar rumors of the appearance of
caterpillars, wliich wo think of very little importance; but there
IS an active demand for poisons.
The thermometer has averaged
84, the highest point touched having been 92 and the lowest 76.
Indianola, Texas.— ^&m (showers) has fallen on three days tliis
week, the rainfall reaching eighty three hundredths of an inch,
and the balance of the week has been mostly cloudy.
hear
rumors of the appearance of caterpillars, but think them of very
little importance.
Much damage, however, is feared, unless the
showery, cloudy weatlier ceases. Aside from this apprehension,
the crop is developing promisingly. Average thennomoter
87,
highest 96 and lowest 78.
Corskana, I'exas..
have liad a shower on one day, with a
rainfall of thirty-five hundredths of an inch.
Oood progress is
being made in clearing the fields of weeds, and the crop is developing promisingly. Average thermometer 79, highest 97 and
lowest 64.
Dallas, Texas.— li has rained on one day of the week, a shower,
the rainfall reaching forty hiindretlths of an inch. The thermometer has averaged 80, with an extreme range of 65 and 97.
There has been no additional damage done. The fields are being
cleared of grass, but still need work.
Breiikam, Texas.— It has rained hard on three days of the
week, the rainfall reaching one inch and ten hundredths.
—
We
We
— We
We
—
—
—
gra.ss in crops,
but not much.
—Telegram not received.
Georgia. —The weather has been
Macon, Georgia.
Columbus,
The thermometer has averaged
the week.
—
warm and
dry
all
81.
Savannah, Oeorgia. It has rained here on one day, the rainfall
reaching twenty-three hundredths of an inch. The rest of the
week has been pleasant biit warm. The thermometer has ranged
from 67 to 93, averaging 81.
Atigusta, Oeorgia.
The weather during the ^reek has been
warm and seasonable. Cotton and grain are developing finely,
and accounts are good.
have had a heavy, general rain on
one day, the rainfall reaching one inch and seventy -three hundredths.
The thermometer has averaged 80, the highest being
91 and the lowest 61.
Charleston, South Carolina.
have had wann, dry weather
throughout the week. The thermometer has ranged from 68 to
90, averaging 80.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
June 27.
give last year's figures (June 33, 1877,) for com-
—
We
—Wo
We
parison
:
June 27,
'78.
Feet. Incb.
New
June 28,
'77.
Feet. Inoh.
4
Below higli-watcr murk
6
4
6
Above low-water mark... 21
3
23
5
Nashville
Above low- water mark...
2
9
H
4
Shroveport
Above low-water mark... 24
8
21
2
36
Vicksburg
Above low-water mark.
5
40
2
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, whicli is 6-lOths of a foot above
1871, or 10 feet above low-water mark at that point.
Orleans
Mi'mphis
. .
.
.
—
Comparative Port Receipts and Dailt Crop Motemest.
comparison of the port movement by weeks is not accurate,
as the weeks in diSereat years do not end on the same day of the
A
We
month.
have consequently added
to
our other standing
tables a daily and monthly statement, that the reader may constantly have before liim the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week ending to-night.
POUT RjcCEirxa from Saturday, jpnk
D'ys
New
of
Or-
wc'k leans.
Sat..
Mon
Tiics
Wed
Tliuc
Fri..
Tot'l
149
426
346
196
137
246
1.500
Mo-
I
bile.
105
168
Char- Savan- Oalcston. nah. voafn.
36
42
6
40
10
60
12
12
127|
^i
46l|
22, "78,
179
259
142
140
258
73
162
1.043
to fridat jumt 28, "78.
mln^-
folk.
ton.
103
150
195
168
110
08
CO
1,352
787
114
433
463
60
81
wu-
Nor-
All
othem.
18
265
30
178
03
Total.
1,102
1,548
1,431
719
537
....
72
SO
852
1,542
57
1,510
6,870
1
2
THE CHRONICLK
658
The movement each month
Monthly
98,491
578,533
822,493
900,119
689,010
472,054
340,525
197,965
96,314
Novemb'r
Dcccmli'r
.
February.
March
.
.
..
May
1875.
1876.
1877.
Sept'mb'r
October.
April..
since Sept. 1 has been a« follows:
Year Beginning Bcptembcr
Beccipts.
January
236,868
675,260
901, .392
787,769
500,680
449,686
182,937
100,194
68,939
169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,.'393
92,000
1.
1874.
1873.
134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
81,780
1872.
115,255
355,323
576,103
811,008
702,168
482,688
332,703
173,986
127,346
184,744
444,003
.530,153
524,975
560,430
462,552
309,307
218,879
173,693
Tot.My31 4,196,104 3,903,725 4,013,875 3,400,862 3,677,240 3,417,736
Perc'tugc
receipts
port
If tot.
May
9667
31...
93-60
96-66
97-25
95-77
This statement shows that up to June 1 the receipts at the
ports this year were 293,379 bales more than in 1876 and 182,229
bales more than at the same time in 1875. By adding to the
above totals to June 1 the daily recvipts since that time, we shall
be able to reach an exact comparison of the movement for the
1877-78.
1876-77.
1875-76.
1874-75.
1873-74.
1872-73.
Tot. My 31 4,196,104 3,903,725 4,013,875 3,400,862 3,677,240 3,417,736
2,269
2....
3....
2,359
2,396
1,243
1,704
2,409
1,401
4....
5....
6....
7....
8.
2,821
2,309
1,812
1,247
1,531
1,180
8.
2,686
1,862
1,920
1,170
2,192
" 11....
" 12....
" 13....
" 14....
" 15....
" 16....
8.
2,149
1,543
640
724
719
1,121
1,186
2.279
1,300
1,581
1,210
2,786
1,102
" 20....
" 21....
"22....
" 23....
1,586
784
S.
1,075
1,837
1,375
8.
3,107
1,614
1,165
007
1,599
846
904
2,044
1,367
8.
" 24....
" 25....
26....
" 27....
" 28....
8.
3,061
1,385
8.
" 17....
S.
2,714
1,110
1,925
1,312
1,528
1,209
1,.584
1,.505
" 18....
" 19....
1,962
2,084
1,578
1,351
1,254
8.
" 8....
" 0....
"10....
1,548
1,431
S.
1,465
1,114
719
537
S.
2,389
2,034
2,337
722
506
1,542
3,090
2,027
2,014
2,978
2,674
2,442
2,784
2,861
2,003
2,502
1,570
—
Shipping News. The exports of cotton from tht United
States the past week, as per latest mail returns, have reached
16,424 bales.
So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
Thk Chronicle, last Friday. With regard to New York, we
Include the manifests of all vessels cleared up to Wednesday
night of this week.
^otal bacs.
Nkw Yobb— To Liverpool, per stearacre City of New York, 196 ..
The Qaenn, 38... pr ship Jam»BFoetcr, Jr., 5B0
484
To Cork, for ordiTB, per ship Robena, 3,0u'.(
3,069
To Havre, per eteamer Canada, 167
167
To Bremen per t learner Weser, 300
300
To llclsliigborg, per bark Ch'irlotle Alexandra, 8,667
S,6«7
Itharlel,
New Obleans— To Liverpool, i>er steamers Fire Queen, 912
1.05a.... Boruusia, 3,<87.... per ship Baden, 3,-.'6T
8,755
To Barcelona, per brli; CIcmentiDa. 30
30
.
BALTiMonE — To Liverpool, per steamers Caspian.
536 . Gracia, 192
...Parthia, 19
ICO
.
.
728
...
l-i4
100
Total
16,484
The particulars of
these shipments, arranged in oar usual form,
S.
3,028
2,241
3,107
2,921
2,946
1,463
S.
4,161
1,352
2,201
S.
2,614
3,176
2,501
3,020
2,370
2,602
1,491
1,892
1,642
8.
3,845
1,987
1,899
2,034
2,116
2,146
S.
3,571
1,684
2,351
1,701
2,043
2,704
e.
2,676
1,143
1,257
1,698
2,044
1,445
S.
4,301
3,703
2,210
2,009
2,014
3,386
8.
2,974
1,461
2,814
1,467
1,946
8.
2,864
3,001
2,152
2,072
2,704
1,919
1,341
8.
1,894
97-51
96-72
S.
0813
98-78
Liverpool.
784
8,755
728
124
100
S.
3,009
4,360
3,310
3,000
4,096
3,017
4,237,315 3,937,417 4,053,665 3,454,531 3,733,061 3,487,875
Porcentag 3 of total
portrecc ipts
'
pected at the close of the month. The approaching holiday also
has a quieting effect on the market. Holders look for a brisker
demand at the opening of the month, and it is expected that
higher figures will rule. Still, there is a good inquiry to be noted
and a fair amount of stock is being worked off. The siipply on
hand is not large, and this tend.s to make holders firm at21@2^c.,
cash and time, which are the figures at the close.
are as follows
Beo'pta—
Junel....
Total
XXVI.
[Vol.
Boston— To l.iverpjol, per steamers Canopuf, 10^
Philadelpuia— To Liverpool, per steamer Indiana,
different years.
"
"
"
"
"
"
-
:
..
95-52
This statement shows that the receipts since Sept. 1 up to
to-night are now 209,898 bales more than they were to the same
day of the month In 1877, and 183,650 bales more than they
add to the last
were to the same day of the month in 1876.
table the percentages of total port receipts which had been
received June 28 in each of the years named.
Cotton Acheage and Stand in 1878. In our editorial
New York
New Orlean«
Baltimore
Bosion
Philadelphia
Total
Cork.
HelslngHavre. Bremen, boro;.
—
300
167
3,069
1
Bareloua Total.
0,687
8.785
ii.ebr
...
3U
ns
.
124
..
100
310
167
3,069
10,191
30
2,C6T
16,4!4
Below we give all news received to date of disasierii to vessels
carrying cotton from United States ports, etc.:
Idaho, sir. (3r ) A large boat, the cover of a hatchway, a brasa-bonnd chest
and two Hinall boxes, addressed " Captain Charles P. Kidder, ship Sarah
Hignet." supposed lo be passengers' effects, and some other uoriioiis of
wreck fiora the Idaho, were towed Into Kilmore, Ireland, by fishingboats, June 10th. Liverpool, June 2l8t.— The Court of Inquiry into the
loss of the Gulon line steiraship Idaho, which struck a r ck and sunk
on the morning of Juno 'id oS' the .--altee Islands, while on the pascaKe
from New York to Live. pool, found that the captain, Holmes, was in
fault, and suspunded his certificate for six months.
Marie KiiEDEiiicKE, ship (Nor.)— The cargo of iho Marie Frederlcke. from
New Or.eana for Liverpool, before reported as havino; put into Key
In going out she was
West, (lightly damaged, will be re- hipped.
Btnck near the jetty bar for several days. This vessel, formerly the
Almora, has kared from New Orleans three times in the past two years
with car^oc-* for Liverpool, and each time has reiched Key We«t leaking
and been obliged to re-shIp carKO. On the trip before her list one she
wa* loaded with lumber. The vessel waa condemned, so'.d, taken to
(
New Orleans, repaired and classed A2.
Cotton freiglits the past week have been as follows:
Bremen. _^ /-Hambari!-,
Havre.—,
Liverpool.
,
d.
—
Saturday. —<^i(
"'
Monday..
Tuesday.
Wed'day.
— a!4
—&i
—<av
—
^
>
Steam.
Sail.
d.
15-64 comp.
15-64 comp.
e.
Ji cp.
54 cp.
cp.
fi cp.
cp.
)4 cp.
K
%
comp.
comp.
1.5-64
1.5-64
—@ii
Thur'dy..
Friday...
—
,
Steam.
15-81 comp.
15-64 comp.
Steam.
Sail.
c.
comp.
comp.
comp.
comp.
comp.
comp.
11-16
11-16
l'-I6
a?i 11-16
—&Ji 11-16
<ij>i 11-16
—
Steam.
Sail.
1.
c.
c.
— @'»
—®)i
—®Ji
Sail.
c.
c.
K comp. —
H U comp. —
« U comp. —
.4
a comp. —
}i comp. —
« X comp. —
from Liverii
'/i
—
—&)i
Liverpool, June 28—3.30 P. M.— By C.^ble
pool.— Estimated sales of the day were6,000 bales, of %vhich 1,000
Of to-day's sales 4,900
bales were for export and speculation.
The weekly movement is given as follows:
bales were American.
We
—
columns to-day
points.
will be found our annual review covering these
We give in
it
more than our usual
data,
much
of
which
will be of use not only at the present time, but also.and especially^
as the season advances nnd the crop further develops.
Bombay Shipments.
— According to our cable despatch received
bales shipped from Bombay to
to-day, there have been
Great Britain the past week and 11,000 bales to the Continent;
this week have been 19,000
during
while the receipis at Bombay
The movement since the let of January is as follows.
bales.
These are the figures of W. Nicol & Co. , of Bombay, and are
brought down to Thursday, June 27:
Shipments
tlilB
Great ContiBrlt'n.
* '78
nent.
week
Shipments since Jan.
Great
Total. Britain.
Contincnt.
11,000 11,000 256.000 349,000
„
.
Eocelpts.
1.
This
,
Total.
Week.
605,000 19,000
704,000 10,000
836,000 12,000
Since
Jau. 1.
811,000
969,000
966,000
1877 15,606 7,000 -22,000 347,000 357,000
1870 33,000 10,000 43,000 .-)23,000 313,000
* We arc persuaded that tUcre is some error In the fljfurcs of Messrs.
W. Nlcol & Co., which wo have heretofore used, and consequently wo today make the totals conform to those. received from Messrs. Flulay,
Muir & Co.
From the foregoing it would appear that, compared with last
year, there has been a decrease of 11,000 bales in the week's shipments from Bombay to Europe, and that the total movement
since January 1 shows a deereaie in shipments of 99,000 bales,
compared with the corresponding period of 1877.
Gunny Bags, Bagging, Etc.— Bagging has continiiod to rule
firm in price, and a fair demand is to be noted for parcels, and
at full figures, as there is no disposition on'
the part of dealers to accept less than quoted figures, which show
more firmness, and lOJOllc. are quoted for prime quality. Butts
fail sales are
making
have not been so active daring the week, which
is
not unex-
June
Bales of the
week
Forwarded
—
Sales American
Of wlilch exporters took
Of which speculators took..
Total stock
Of which American
Total import of the
7.
June
week
Of which American
Actual ox port
Amount anoat
June
14.
40,000
4,000
30,000
3,000
7,000
92,000
6,000
60,000
9,000
17,000
832,000
645,000
43,000
33,000
5,000
235,000
130,000
bales.
8.58,000
678,000
66,000
61,000
5,000
213,000
90,000
Of which American
The following tabic will show the dally closing prices
week:
Spot.
...®0»4
...®67,o
...®6>4
...®67i8
...a!63i8
..
Futures.
These sales are
otboi-wlse stated.
Delivery.
June
June-July
July-Aug
on tho basis of Uplands,
d.
63i8®733
.-31638
July- Aug
of cotton for the
...©6316
...®638
...®63i8
...®638
low Middling clause,
Delivery.
Aug. -Sept
unless
Shipment,
d.
Oct.-Nov., n. crop.
Sept. Oct... .6»32®6j8
6832
Oct.-Nov
6618
Oct
sail.
AUg.-Scpt
6^32
65i8
Aug. -Sent
June-July
.6»i
Shipment.
Nov.-Dec., n. crop,
Delivery.
6^32
Bept.-Oct.. ..65io®i'32
Oct.-Nov
6^x0
O'la
6732
6733
d.
6732® J4
Monday.
Delh'try.
June- July
28.
36,000
4,000
29,000
2,000
3,000
818,000
649,000
21,000
14,000
0,000
212,000
84,000
Saturday.
63i8
63i6
June
Juno
Monday. Tuesday. Wedu'sdy Thursd'y Friday.
Saturd'y.
Mid. Upl'ds ...a>6'4
Mid. Orl'ns. ...'(ijevirt
21.
48,000
6,000
35,000
4,000
8,000
837,000
008,000
29,000
23,000
7,000
217,000
86,000
6732
sail
Tuesday.
Delivery.
July- Aug
Sept-Oct
Delivery.
Delivery.
6I4
Wednesday.
Delivery.
June
June- July
July-Ang
Aug.-Sopt
03i6®532
63i8
63,0
0>lS>'33
Delivery.
Sept. Oct
Oct.-Nov
July Aug
Jtmc-July
I
Nov.-Dec
6''32
Qflia
C9.12
6J4
6B32
6°32
Shipments.
May-Jiinc, sail ...6'4
Oct.-Nov., n. crop,
6=32
sail
—
:
JuNB
THE CHRONICLE!
39, 1878. J
(>5y
Futures ;
••loor,
Thurbdat.
nelitery.
S«pt,-Oot
Oct. -Nov
AiiK.-Supt
Dtlitfry.
itiio-Jiily
Jiily-AiifT
li'aa
tt'sj
Aug.-Supt
O^ja
.1
(i'aa
Delivery.
JiincKluly
Jiily-AiiK
U>4
oct.Nov
flOaa
o:'jg
enia
ev
Wi«
June
PreviouH week
Conrcip'ng weGk,'77.
Ooiretp'ng weck,'1».
July
An
AnK-*^*'pt
JllUO
**^«'*3a
(JSia^^aa
Bopt.-Oot
Aug.-sepi
ShlpmeHU.
Nov.-Dcc, n. crop,
Bftll
Oct. -Nov., n. oroji,
wUl
0»i«
week
common
of large lines of
48,MO
Boston
19,457
1,900
]e,0»l
9,010
16,68<
12,627
Portland
Montreal
Baltlmorii.
tbe past week, leading at times to considerable activity.
sales early in the
23*1,812
There
extras at
and yesterday at |3 95@i(4, the latter (inures being
in a generation.
as low, we believe, as have ever been quote
There were also liberal sales of the better grades for the West
Indies, &c., at f SciSS 10.
Qood to choice trade brands have been
Production is curtailed at all points, but there is
selling fairly.
a strong ioclination to close out stocks of grades which are in
danger ot being soured by the heat of summer. To-day, tbe market was dull, drooping and unsettled.
The wheat market has also materially declined, under a prens10,
New
Wheat,
bash.
O^t,
Barley,
hash.
borh.
buh.
380.414
100.241
681,948
8n,2iJ«
58,I0<
«),5M
tS.tM
M,e06
M,iM
Ry»,
Orleans.
Total
Previous week
..
Corresp'ng weck,*77.
.
121,289
143.827
96,646
1878.
Com,
bn-h.
bush.
7<B,9>6
87,«U0
381,059
258,30)
6,800
888,749
825.000
317,000
bbls.
New York
Philadelphia.
Fbidat. p. M., Juno 38, 1878.
There bas been an important decline in prices of flour in
|4 05<a|4
1,471,018
Flour,
At—
6»1()
BRE ADSTUFFS.
were
81,680
121,607
Oofd,
1,587,438
1,464,«42
1,627,914
WBEK ENDED JUNE 22,
CU
0='i8
au
Oct-Nov
(13i«
«.tia
i;
bash.
651,497
RKCEIPT8 OB FLOUR AND ORAIN AT 8EAIIOARD P0RT8 FOR TBM.
Friday.
Detitery.
.Tiino.Icitv
Wbaai,
hWi.
8V909
...
HOST
91,800
123,400
8,753
l,12i,63<
1,102,259
867,701
0«t«,
bath.
Barley,
bu«h.
Rye,
bath.
224,834
1,504
78,880
8^850
6,100
41
1,500
1,461
18,100
75
141,1)20
8,000
89,688
2,801,930
8.166,866
1,175,869
817,418
886,709
869,632
....
....
7,8:9
B8,h34
158,861
1.000
M^O
100,C74
98,868
8,020
EXPORTS FROM UNITED STATES flBAKOARD PORTS AND FROM
MONTREAL FOR WBEK BNDBD JUNk 22, 1878.
1
From—
New York
Boston . ...
Portland
Montreal
Philadelphia
Baltimore
Flour,
Wheat,
bbls.
58,415
11,931
45,%760
119,640
bosli.
49
To'al for week.
Corn,
Oats,
bash.
bash.
Rye,
bush.
795,161
141,391
2,040
10
109,110
....
....
Peas,
bash.
1,I8»
...
3,S28
7,347
6,820
531, 751
2:13,234
54,101
126,982
131,189
477,710
342,807
716
56,390
1,076,278
1,960,635
56,870
109.170
14.S1J
....
15,480
Previous week
8a,62: 1,186.92) 2,22.3,2')3
220,505
186,359
146,636
98,148 1.681,691 2,374,291
Iit8,l14
90,364
201,474
nre to realize in the face of dull foreign advices. The anxiety to Twoweeksago
Three weeks ago..
61,090 I,.394,488 2,800,118
121,973
63,255
62,852
sell has been increased by the greatly improved accounis received
From New York— 100 bush, barley. From New Orleans- 122,588 busb.
of th« progress of the growing crops ol spring wheat in the corn and 1,348 bbls. doar.
Northwest.
Receipts are moderate and stocks nowhere excessive.
Yesterday, at a decline to 90((iQ3c. for No. 3 spring, 98c.@
fl for No. 2 do., and |1 02(dl 04 for No. 1 do., there was more
activity, with winter wheats going at $1 05@1 06 for No. 2 red
Friday, P. M., Juno 28, 1878.
and |l 17 for No. 1 white. For future delivery, No. 2 spring has
The market has been very qaiet during the past week. Citysold at 90c. for August, with No. 3 red winter offered for the
s»me month at $1. To-day, there was some further depression, jobbers were busily engaged in taking account of slock, and
with limited sales, including No. 1 spring at $l@\ 01, choice red their purcha-es wore consequently of a strictly hand-to-moatb
winterat |1 11, and choice white $1 19, but futures more steady.
character; but there was some disposition on the part of interior
Indian corn was in good demand all tbe weeii, and supplies
being but moderate, prices were higher. The advance was most jobbers to commence operations in Kentucky jeans, cotton flannel*
decided in steamer mixed, of which the proportion amsng the and shirts and drawers for the autumn trade, an1 considerable
receipts was less than expected.
Late sales embrace steamer orders for the future delivery of such goods were placed with
mixed it 43@4;)ic. on the spot and for June, 44c. for July, and
manufacturers' agents. There was a spasmodic movement ia
44^@4.5c. for August, and No. 2 mixed at 44^@45c. on the spot,
45@40ic. for July, and 46i@47c. for August. Choice old mixed woolen goods, but the volnm? of business failed to realize expectbrought 48c., and white 53@.54c. Yellow nearly nominal at 46@ ations, because ol the meagre selections made by the clothing
43c. lor Western and Southern.
To-day, the market was active trade, and the paucity of orders placed by cloth
houses.
The
for No. 2 mixed, at 44|c. for July and 46c. for August, being some
jobbing trade, was, as a rule, very light, but large sales of cotton
decline for these deliveries.
Rye was active early in the week at steady prices, but No. 2 goods, calicoes, dress fabrics, &c., were made by some of the
Western sold for the last half of July at 63c., and the whole leading firms, who make a practice of closing out their open
market has latterly been dull and drooping.
stocks at low figures when on the eve of stock-taking.
Oats were fairly active and farm at 30J(a31c. for No. 2 Chicago,
Domestic Cotton Qoods. The exports of cotton goods from
but yesterday were dull and droopiag. Receipts at Ibe West
have been much smaller than last June. To-day, the market this port during the week ending June 25th were 1,971 packagea,
was dull, and No. 2 graded closed at SO^c. for mixed and 33c. for which were shipped as follows: Oreat Britain 1,846 packages,
white.
U. S. of Colombia 309, Brazil 93. Cisplatine Republic 47, SandThe following are closing quotations
wich Islands 81, New Zealand 80, Africa 25, &c. Brown
Flour.
Obain.
No. «
^bbl. $2 00® S 60 Whe»tr-.No.3 sprlng.bnsh $ 90®
B3 sheetings and drills were only in moderate demand, and bleached
BnperSne Stite & WestNo. spring
96®
98
shirtings ruled quiet, aside from a few fine makes such as
ern
3 OOa 3 60
No. 1 spring...
1 00® 1 OJ
BitraSUte, Ac
3 UC® 4 10
RedWinter
Wamsutta, New York Mills, &c., in which a large movement
1 OJjS 1 U
Western Spring Wheat
White
1 08® 1 19
was stimulated by their reduction to the unprecedentudly low
exirnii
3 65® 4 15 Corn— West'n mixed
40§ 45 price ol lOJc. As above stated, cotton flannels were more sought
do XX and XXX
4 S5a 6 00
do steamer grade.
43>i
da winter X and XX... 4 00® 6 00
Sonthern yellow
46® 48 for, and grain bags continued active and scarce; but for most other
do Hinnef>ota patents.
5 50jft 7 60
Southern white
53® 55 descriptions of cotton goods there was only a limited demand.
City shipping extras
3 SO® 5 03 Rye— Western
60®
Prices continued steady on ducks, denims and licks the supply
City trade and faml'y
State
62 et
brands
of which is not excessive but cheviots, cottonades and dres*
5 2S® 5 85 Oats Mixed
28®
Sonthern bakers^ and faWhite
goods were weak and unsettled. Print cloths reuiained quiet at
milybrands
4 75® 6 25 Barley— Canada West
3 7.16c., less 1 per cent cash, for 64x614, and 3c., cash, for 56x608.
Sonthern shipp'e extras, i ihta 4 SO
State, ;!-rowed
Prints were dull in ageut's hands, but large sales w«re effected at
Kye Hour, euperHno
3 OJ® 3 45
StHte, 4 riiwcd
Corn meat— Wi'stcrn,<fcc. 2 IS® i 51
Western feeding
low prices by some of tbe leading jobbers.
Corn meal— Bc'wlne, &c. 8 76® i 80 Peas— Canada boud&rree
Domestic Woolen Goods. Tuere was an irregular demand
The movement in breadstufls at this market has been
for all-wool and cotton- warp fancy cassimeres by clothiers, and
follows
selections were less liberal than expected by holders, but prices
r-BEOEIPT» AT HBW YORK.—
BXP0BT8 FBOM KBW TORK.
were fairly maintained. Cheviot siJitings received a fair share
1878.
Same
1378,
1677.of attention, and woriited coatings were in steady request for
For the
Since
time
For the
Since
For the
Since
weeh.
Jan. 1.
Rough and fancy overcoatings were dis1877.
week.
Jan. 1.
week.
Jan. 1. moderate eelecli'^ns.
Plour.bbls.
53,42T 1,9)6,458 1,857,400
28.438 l',20«,m
28.232
655,112
tributed to a fair aggregate in execatlon of former orders, bat
C.meal, "
8,111
91,400
121,891
«,447
101,707
5,845
li;,413
cotton-warp
b?aver8 continued sluggish, as we'e
and
all-wool
Wh(iat.bas. 808.1140 22,916,999 5,266,401
390,292 21,408,041 160 323 4,r6I,804
"
Corn.
Kentucky jeans were moderate]/
611,139 16,198,838 10,861,759
cloths, castors, and doeskins.
799,2.33 14,674,692 467,179 10,178,8S0
"
Rye,
35,5'4
1,737,159
332,618
109,140 2.0ii2,831 120,154
675,861
active in the best heavy fine all-wool makes, and a few of th»
Barley, "
•46,066 •^40.1,785 •1,778,613
100 1,4;7,806
80,980
606,980
most popular medium grades were taken rather more freely; bat
"
Oats,
216,i25 6,151,973 4,132,030
1,310
937,780
8,042
76,879
low qualities remained quiet. Printed satinets met with con• Including malt
siderable sales, but blacks and mixtures moved slowly and in
heceipts at lake and river ports for the week endino small parcels. Repellents and cloakiogs were very quiet, and
flannels have not yet commenced to move, except such maksa
JUNE 22, 1878.
are adapted to the wants of the shirt trade, for which there was
Flonr,
.
THE DIY GODDS T lADE.
—
:
-J
«»
.
—
—
;
—
>
.
,
,
.
•
Wheat,
^. AT—
Chicago
HUwankec
Toledo
Detroit
Cleveland
Louis
Peoria
St.
»>'>1».
(196 lbs.)
19,782
41,632
65
4,912
*J,10a
14,164
1,835
Dnlnth
Total
*
Estimated,
63,90J
Com,
Oats,
bash.
Barley,
bash.
Rye,
bash.
(32 lbs.)
(481ba)
554,330
39,600
K,750
7,208
14,800
61,«81
26,250
18,199
(S6 lbs.)
19,867
13,015
926
(56 lbs.)
1,020.645
15.970
127,662
1,247
51,700
108,257
181,525
663,397
1,476,906
402,272
bnsh.
(60 lbs.)
113,353
»87,t93
40,162
91,2r2
9,150
90.242
busb.
11,352
167
s,m
800
r.soo
6,000
7,021
15,980
c»,171
53,300
some inquiry.
FoREioN Q03D8.
—
Transactions in imported goods were almost
wholly restricted to filling orders for small re-assortments, and
sales were light in the aggregate. Dress goods and silks remained
quiet, and millinery goods were less active, aside from black silk
velvets for which there was a steady inquiry for trimming parposes. Housekeeping linens moved slowly bat shirting linenB
were a trifle more active. Embroideries were distributed at fair
prices to a moderate aggregate at auction, bat ruled quiet in
In woolen goods there was no movement of
private hands.
importance, and hosiery w<m In light request.
,
THE CHRONICLE
660
Cotton.
Cotton.
Woodward &
Stillman,
&
Ware, Murphy
Co.,
Cotton Factors -
NEW
YORK.
AND
BROAD
ADVANCES ma''e on warehouse receipts and
BUY AND SEliIi cttoncontraclBandflrst-
claas iavcstmeiit eecurit
made on Consignments.
Special attention paid to the execution of orders for
tee purchase or sale of contracts for future delivery
&
Henry Hentz
Co.,
GENERAL
CO n ini SSI o N merchants,
174 &: 176 Pearl St , New York.
Advances made on Consignments to
ineasrR. JAITIRS
FINLAY &
GENERAL COMMISSION MERCHANTS,
BOX 613,
Orleans, La.
P. O.
O.
P.
BOX 4964,
New
York,
Execute orders for Future Contracts in New York
and Liverpool, and make advances on Cotton and
other produce consigned to
CO.,
AND GLASGOW.
LIVKKPOOL. LONDON
LEECH, HARRISON & FOR WOOD,
Also execute orders for Mcctiandiflft tbrouG;h
LIVEPJPOOL.
FINLAY, MIJIR
Also, execute orders for Merchandise in
Iflessrs.
CO.,
4c
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON bought
sold on oommission
m New York and Liverpool.
H. W.
New
Street,
&
SHOWING THK
Condition of tbe Company on tbe firat
day of January, 1878.
CASH CAPITAL
$3,000,000 00
Reserve for Re-Insurance
1,836,432 31
Keserve for Unpaid Losses ana
Dividends
TOTAL ASSETS
(worti
United States
&
Foulke,
O Box
New
3,909.
Special attention
CONTRACTS
E.
S.
FOl!
&
(Successors to
125 PEARL STREET,
HOOIiY A JEMISON),
GENERAL COMMISSION MERCHANTS,
No. 123 Pearl Street, New York.
Advances made on Consignments
Fnture Conon Commission, In
tracts for Cotton bought and sold
Kew Yoric and Liverpool.
Liberal advances made on consignments. Prompt
Eorsonal attention paid to the execution of orders for
le purchase or sale of contracts for future delivery.
Wm.
James F. Wenman & Co.
(market value of
AUGUSTA, GEORGIA.
1841.
E. O. Richards,
KICHARDS)
Sblpplng and Comiulsslon IHerehant
No. 39 BROAD 8TKEKT, NEW YORK.
H. Tileston
&
Co.,
COTTON BUYERS 4 COMMISSION MERCIlAN'i S
60 Stone Sfroet, New*York.
Ord«rs
in
Futures executed at N. Y. Cotton Exchange
&
Waldron
(Successors to
97 PEARL STREET,
7,371 20
CHAS. J. MARTIN, President.
J. H. WASHBVRN, Secretary.
OF HARTFORD.
INCOKPOKATED
Capital
1,
Re-insurance fund,
Unpaid losses & other
claims
NET
22
&
Geo.
Copeland,
COTTON BROKER,-
186
PEARL STREET, NEW^ YORK
429,114
I,
82—
5,170,388 24
1877..
Broadway, IVetv York.
ALEXANDER, Agent.
Liverpool
London
&
& Globe
Lns-urance Co7npa?ty,
45 William St.
J.
E.
PULSFORD,
MaNAQEB.
Co.,
BLOSS & INCHES,
LyOnifnercial
Union
COTTON FACTORS
{.OF
jL]n>
Ins.
COTTON BROKERS,
S3
&
39 Wall Street
Henry Lawrence & Sons,
3r
MANUFACTUEKES OF
REAVER STREET, NE\r YORK. n ANII.A,
L.
ORLEANS,
SISAL,
JVTE & TARRKD
CORDAGE,
F. Berje,
COTTON BITYER AND COMMISSION MERCHANT
N B IV
PELL,
Resident Manager,
143 Pearl Street, Nenr York.
WALTER & KROHN,
Ca
LONDON),
ALFRED
SENEtlAL COMMISSION MERCHANTS
Co.,
tOTTON FACTORS & COMMISSION MERCHANTS
47 Broad Street, New York.
4-2
JTAS. A.
.
Sawyer, Wallace
$7,116,6*4
$1,945,^6 18
BRANCU OFFICE:
sDRi'LUS, Jan.
No. 173
WILLIAM STREET, NEW YOEE.
YORK.
97 Pearl Street, Nevr York.
IN 1819.
1877
$3,000,0(X) 00
...
1,741,273 42
Future Contracts for Cotton bought and sold on
Commission in New York and Liverpool.
Future orders promptly executed.
COMMISSION AND COTTON MERCHANTS,
Company
Insurance
commissioN iherchants,
ITIERCHANTS,
Edward H Skinker & Co.
&
39
135,204 IS
12,500 00
$6,109,526 75
RBfllDKJJT
Macaulay
Tainter,
NEW
311,213 47
6?t,212
York Houses.
NOURSE & BROOKS),
GENERAL COTTON
S-ecurltles, 1427.098)...
MTNA
Felix Alexander,
Entire attention given to purchase of COTTON on
ORDER for 8PINNEKS and EXPORTERS.
CORKKSPONDENCK SOLICITED.
References :— National Bank of Augusta, Georgia;
Henry Hentz & Co., Commission Merchants, New
York; IVIlllam B. Dana& Co., Proprietors Coumeb
•lAL AKD FiKANOiAL Chbonicle, and othcr New
00
00
00
00
2,016,903
3,016,873
251,190
124,823
(market value)
Total
COTTON BROKER,
.
Hen on
Balance in bands of Agents
Kea! estate
Premiums due and uncoHectcd on Policies
YORK,
44 Broad Street, Boston.
AND
(Successor to A. L.
NEW
AND
BANKERS, COTTON FACTORS
Established (In Tontine Building)
& Co.T
R. Smith
B.
C O X T ON
ooininissioN merchants,
Co.,
COTTON BROKERS,
No. 146 Pearl Street, near AVall, N. 1
stocliB
Total Assets, January
FUTURE DELIVKKY " OF
Jemison
to the ezecaticn of orders
Delivery.
York.
Special perbonal attention to tbe purchase and sale
COTTON.
^ven
for the Durcbase or gale of Contracts for Future
Advances made on Consigamonts.
•r '
New York.
121 Pearl Street,
132 Pearl Street,
P.
1161,727 56
first
»4,293,200)
Hank Stocks (market value)
State and City Bonds (market value)
Loans on Stocks, payable on demand
Farley, oomniissiON rierciiants,
AGENTS,
ASSETS.
In
GENERAL
MERCHANTS,
PIJrANCIAL.
$6,109,526 76
8DMMARY OF
Banks
lionds and Mortgages, being
Cash
COTTON FACTORS,
COMMISSION
256.391 42
1,016,703 02
NetSurplns
.
York.
H.
J.
BROADWAY.
135
issued at tbls ofllce
Bennet
COTTON BROKERS,
117 Pearl
OFFICE, No.
Interest due on Ist of January, 1^73
for the
&
Foreign marine Insurance
Company of Liverpool.
Co.,
NEW YORK,
OF
real estate
England, Cblna, India and Singapore.
UNDERWRITERS IN NEW ORLEANS
Britlsb
&
Dennis Perkins
and
Company
Insurance
Forty-Ninth Semi-Annnal Statement,
Pim, Forwood& Co.,
New
~^
HOME
made on con*
Bignments.
ei*
Insurance.
contracts for future
Liberal advances
delivery of cotton.
of cotton.
be executloa of ordert
Special attention paid to
for the purchase or sale of
Co.,
flEW YORK.
ST.,
consignments of cotton.
GENERAL COMMISSION MERCHANTS GENERAL COMMISSION MERCHANTS
LOANS niADE ON ACCEPTABLE
COTTON EXCHANGE BUILDING,
SECURITY.
NEW YORK.
Liberal advances
&
R. M. Waters
54
76 Wall Street,
^k
''
Cotton.
SEAMEN'S BANK EUILDING.
No8. 74
[Vol. XXVI.*
LA.
FOR EXPORT AND DOmESTIC C8F.
OANQS OF KIQQINQ MADK TO ORDER.
192 FBONT STREET, NEW TOBS.
@FedFRASER