Full text of Commercial and Financial Chronicle : June 30, 1877, Vol. 24, No. 627

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MERCHANTS’

HUNT’S

$
REPRESENTING

§Uwispaper,
AND COMMERCIAL INTERESTS OF THE UNITED

INDUSTRIAL

THE

THE

Capital of Oar Banking Sys¬

tem.

.

CHRONICLE.
599
600

The War in the East
=
The President’s Forward; Step in
Civil Service Reform
601
American Cotton Manufactures

in China...
Latest Monetary

601

...

and Commercial

English News
Commercial

and

News

602

Miscellaneous

604

:

THE BANKERS’ GAZETTE.
Money Market, U. S. Securities,
I Quotations of Stocks

and Bonds. 607
| Investments, and State, City and
Foreign Exchange, N. Y. City
613
Corporation Finances
Banks, National Banks, etc
605 |
Railway Stocks, Gold Market,

COMMERCIAL TIMES.
615 | Breadstuffs,...
615 J Dry Goods

THE

Commercial Epitome
Cotton

619

619

&f)ie (EIjronicle.
The Commercial

and

Financial Chronicle is issued on Satur¬

day morning, with the latest news up to midnight of Friday.
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■william: b.

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dana,

floyd, JR.

\
J

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THE CAPITAL OF OUR BANKING SYSTEM.
The Bank of Commerce of this

city has just closed
the original

its transfer books for the last dividend upon

capital of 10 millions, and, as we recently announced,
position as our largest bank in point of capital, is to
be given up on the 16th July, when with the semi¬
annual dividend of 3 per cent, one-half of the capital is

its

to be

returned to the stockholders.

Several times since

banking system was established, banks
organized or proposed in this city, with the
power to increase their capital to 10 or 20 millions, or
even to a still larger aggregate.
Indeed, during the
period of our paper-money inflation, one of the conser¬
the national

have been

vative forces which were at work in the financial system
and which did most to sustain it under the pressure of
war

inflation and

war

finance,

was

this disposition

on

the

institutions to do business on a
capital. This disposition we may
count among the chief benefits conferred by the national
banks upon this country since their creation by Congress

part of our banking
broad, ample basis of

in 1863.




•

banking system, two leading
causes were at work, from which the capital of our bank¬
ing mechanism was reduced to a low and often perilous
degree. In the first place, the original founders and
owners of banks were frequently men of very small
means; and, secondly, they found that the smaller the
capital on which a bank could contrive to do its business
the larger were the dividends which could be distributed
In the time of

CONTENTS.

STATES.

NO. 627-

SATURDAY. JUNE 30, 1877.

VOL. 24.

The

MAGAZINE,

to

our

State

each share of the stock.

The last of these two

causes

complained of in the English joint-stock
banking system, although one of its chief founders, Mr.
Gilbart, was extremely earnest in his warnings against
allowing banks to do business on too narrow a basis of
paid-up, capital. So often were miRchiefs of serious mag¬
nitude developed in our own banking system by these
two evils, during the first half of this century, that various
attempts were made by legislation in New York, Louis¬
iana, Indiana, and other States to apply an effective rem¬
edy. The best of these remedial expedients were incor¬
porated into our national banking law, and, as has been
abundantly demonstrated, the broad and strong basis of
capital upon which our national banking system was
built up has always constituted one of its principal safe¬
guards and protectives against such financial panics and
revulsions as were in former years so disastrous to the
industrial and commercial progress of the country.
The New York Chamber of Commerce, in their report,
have just published a forcible argument against the mis¬
chievous character of such changes in the fiscal laws as
disturb the wholesome operation of these conservative
forces in our banking system.
As we have said, the
tendency for many years has been to strengthen our
banking system by augmenting its capital.
In the
national banking system this increase was rendered
possible and lucrative to the banks by the arrangement
that in proportion as a bank enlarged its capital it
attracted to itself the public confidence, and received
from the Treasury a larger privilege of note issues.
This privilege was so valuable when the rate of interest
ruled at the high figures current in former years, that it
imperceptibly extended among the banks a prejudice in
favor of large capital; and although the profits earned
by circulation have now been for many months greatly
curtailed, it is probable that we should not have had the
present mischievous movement among our banks all over
the country for reducing their capital, had not the unfor¬
tunate attempt to tax bank capital and bank surplus in
this State and elsewhere stirred up discontent and agita¬
tion among the banks. In the report just referred to,
one of the members of the Chamber of Commerce, Mr.
Gustave Schwab, expressed as follows the views of the
has been often

6C0
mercantile

THE
community

CHRONICLE

y

ne

30, 1877.

the evils threatened from intentions of Russia. Russia and Germany, we are
capital, and from those unwise asked to believe, are agreed and resolved upon an
taxes which lead to it :
independent policy of aggression and reconstructionFor no other reason than excessive taxation have the accu¬ As soon as
the contestants consent to a suspension of
mulated surplus earnings of our
banks, within a short time past,
been reduced by upwards of five millions of dollars.
Not only hostilities, Russia, it is said, will send a manifesto to the
is this reduction in rapid
progress, but, for the same reason, a different powers, inviting cc-operation, but, at the same
movement has also been initiated for the reduction of bank
capital. If the propositions recently made to their stockholders time, dictating her terms and declaring them final. In
by a few leading banks in this city are carried out, as they certain eventualities, it is added, Bulgaria
is to be
probably will be, the reduction of bank capital within the present annexed to
Roumania, the new State to have entire con¬
year alone will amount to twelve and a-lialf millions of dollars,
or about 12
per cent of the incorporated bank capital of this State, trol of the mouths of the Danube; Bosnia and Servia
and 15 per cent of the bank capital of this
city. This reduction are to be annexed to
of bank capital and reserve is
Austria; the country south of the
likely to go on and to assume much
larger proportions than would be warranted by the temporary Balkans is to be given to the kingdom of Greece; Russia
reduction in the volume of business; and if we now fail to
stop its is to find
compensation in Armenia; Constantinople is
course, we shall, when the much desired revival of business sets
in, discover, to our great loss, that revival obstructed by the fact to be proclaimed a free city; and
the Turk is to be
that the tools of commerce and
industry have been blunted and driven out of
rendered inadequate by unwise taxation.
Europe. This programme reads very
The sudden decrease
of the banking capital of the
country before 1857 culminated in well; but every indication goes to prove that neither it
the crisis of that year; we may
apply the lesson to our present nor any other settlement is to be carried out or
attempted
circumstances, and expect a similar financial embarrassment, if
we allow a violent reduction of our
banking facilities to run to against the wish of the other leading powers of Europe.
excess.
For arresting this dangerous
movement, no remedy has, It is
simply absurd to imagine that Russia would wish
so far, been
proposed, except the relief from taxation prayed for
as to

the reduction of bank
f(

in these petitions, and the Chamber of Commerce of this
State
will act in harmony with its traditions and

or

dare

to

insult

the

of Europe by
inviting them to join with her in a Council, and in the
weight of its voice to the united effort of
same
the sentiments therein
document, or even in the Council, stating her terms
expressed.”
and declaring them to be final.
Such are the arguments
It is not to be denied
expressed and published by
our New York Chamber of
Commerce, and we are that, before the Eastern question is finally settled, great
informed by the American Bankers’ Association that and radical changes must be made in the Turkish por¬
governments

duty, if it adds the
our banks, and endorses

meetings have been recently held by the Boards of
Trade at Trenton, at Baltimore, at
Philadelphia, at Bos¬
ton and in other cities, and that similar
enlightened
opinions have been given on the subject of bank taxa¬
tion and its effect upon
banking capital and upon the
commercial progress which is so
dependent upon bank¬
ing stability. Unless Congress at its coming session
shows more disposition than heretofore to listen to these
warnings from the commercial community, and to redress
the evils to which they point, it is much to be feared
that the mischievous
tendency in our banking system
will spread, which is brought so
conspicuously before
the public by the recent action of the New York Bank

tion

of

Europe.

Such changes have become a ne¬
cessity; and it seems to be the will of Europe, quite as
much as it is the determination of
Russia, that they

should be made.

ing

that

But there is

no

reason

for suppos¬

the

Czar, even under the • excitement
victory, will proceed without the consent and co¬
operation of Austria, of France and of England, as well
as of
Germany, to cut and carve Turkey at will. What
will be done it would be
very difficult to predict. Some
sort of reconstruction,
however, is necessary; and the
presumption arising from the present attitude, with
regard to the war, of the different powers is, that at the
of

conclusion of hostilities that difficult task will devolve

Congress

or Council of the great nations.
word, then, there is really nothing in the existing
aspect to justify the fear that Russia is influenced by
THE WAR IN THE EAST.
concealed motives, that the war will become
general, or
Public attention continues to be
engrossed by the that difficulties will arise among the powers at the
movements of the rival armies in
Europe and Asia. conclusion of peace. One of the latest and most im¬
Although we have not, as yet, any information of a portant items of news from St. Petersburg repeats the
great or decisive battle, the news from both the seats of assurance that between Russia and the other
powers
war is full of
interest, and encourages the belief that a there exists a cordial understanding, and that the war
tremendous struggle is close at hand.
There are rumors will consolidate, not imperil, the
peace of Europe.
of severe fighting in Asia Minor,
where, it must be Russia repudiates any intention opposed to the interests
admitted, the Russian advance is moving less rapidly of the other nations; and while we do not believe that
on a

of Commerce.

In

than it did

at

the commencement

a

of the

campaign. her sole object is, as she has repeatedly avowed, to
Erzeroum has not been seriously ameliorate the condition of the Christian Sclav, now
attacked, and rumor has it that the Russians have been under Turkish rule, yet if, as the result of the war,
driven from Batoum.
that object shall be satisfactorily accomplished, she
In Europe the progress of the Russian
army contrasts will have done good service to the cause of hu¬
strangely with the fierce onward rush of the Germans manity. Of all the great powers, England has most
against Austria in 1866, and against France in 1870. reason to dread the rapidly-growing influence of Russia
But if the Russian advance has been
slow, it has been in the affairs of the East. If any power has reason to
sure ; and now that a firm foothold has been secured on
watch the progress of the war with jealous eye, that
the southern banks «f the Danube, the
presumption is power is England. Yet, in spite of all that has been
that there will 60on be severe
fighting, and not improba¬ said to the contrary, the latest utterances of the Gov¬
bly an early victory which will open the way for the ernment show that England does not distrust the
restoration of peace.
Although it is not doubted that motives of Russia in the present crisis, and does not medi¬
the Turks will offer a stubborn resistance, it
seems to be tate an appeal to the sword, but rather that a good and
a foregone conclusion that
victory must ultimately rest satisfactory understanding exists. Contrary to a rumor
Kars still holds out ;

with Russia.

We have had,
and
some
very
to the position^




which

eagerly circulated, the Government has not
during the past week, some reliable
supplementary loan for war purposes, nor is
such a loan contemplated.
unreliable
reports with regard
Contrary, also, to rumor,
Parliament is not to be adjourned, but to be prorogued
of neighboring powers and the
was

asked for

a

June

30, 1877.]

THE CHRONICLE

this season, as usual.
alarm.
“

In these facts we find no food for
They speak for themselves, and they speak

„

Peace.”

Nor is it otherwise when

the other nations

on

we

turn

our

all is that

eyes to

the Continent.

Austria, Germany,
are
undoubtedly watchful and
of them evinces any disposition to

France, Italy—all
anxious; but not one
rashly take part in the strife.
fore remains that the

The presumption there¬

will be confined to the present
contestants, and that, thus confined, it is not likely to
be of long duration.
All contingencies as to a final
war

settlement of the Eastern

question, the disposition of the
Turk and the distribution of his territory, have been
most likely already provided for by a general under¬
standing of the leading powers.
AMERICAN COTTON MANUFACTURES. IN CniNA.
In

articles with

regard to the export of cotton
goods from the United States we have frequently called
attention to the condition of the trade in China. Up to
this time the total export to China of the United States
and Great Britain combined would scarcely supply more
than six per cent of the population; but the trade is a
constantly-growing one, for hand-made goods can never
stand against those made by machinery. The latter will
inevitably supplant the former, and with an accelerated
speed as time progresses.
Now, the question we have often asked, and ask again
to-day, is, what country shall furnish the new spindles
which will be required to supply this increasing trade ?
The answer comes up to us from China itself—“Amer¬
ica;” for the Chinese have at last become sufficiently
acute to prefer cotton to clay.
This preference our
articles have before this shown to exist, but just now it
is being expressed with strong emphasis.
We have
received this week from Liverpool the Shanghai circular
of Mr. P. Maclean, and his description of the condition
of that market is decidedly cheerful. He states that
the holders of English manufactures have had but a
sorry time of it since the issue of his last report. The
dignified title “selling” can be applied only to the busi¬
ness of a few; the
great majority, to borrow an auction
expression, have had to “ give their goods away,” and
numerous have been the
attempts wherein the British
merchant has signally failed to secure even auction
prices. There are times, he adds, when no amount of wor¬
rying or blarney, and scarcely any concession, will move
our

■

601
manufacturer

furnish the

goods even
as cheaply as England can ; and with
now in his mill
some changes in our revenue laws, it will cost him still
less to produce them. This, however, is not all; goods
made, satisfactory in price and quality, constitute only one
factor in the problem; the next is to have the facilities for
laying them down, at a market where they are wanted,
with as little cost as our rivals for transportation.
We must remember that the margin for profit is
of necessity small.
We are to compete, if at all
with a nation who has the advantage of us
in
cheap capital, long experience and, more than all, of
trade established.
Every impediment therefore, how¬
ever
trifling, to the freest, cheapest intercourse with
these nations wanting our goods, cripples or fetters to
that extent the trade. What, then, we require is to have
our navigation laws
changed and reciprocal trade fos¬
tered; or, in a word, we need to have every facility
offered for making freights cheap. -The English merch¬
ant has-many advantages in this respect, as we stated on
another occasion in speaking of Brazil.
First—
he can buy his iron ships at nearly one-third less
cost, and thus a line of steamers requires one-third less
capital than it would require in the United States, permit¬
ting at once lower freights. Second—in Great Britain,
ships are exempt from taxation, and further than that, all
the tea, coffee, spirits and wines used on board are taken
from bonded warehouse free of duty.
Third—almost
everything our neighbors in South America and
elsewhere have to sell, they can send to England
without any
duty added. Of course, this free¬
dom fosters trade, and that results in new and con¬
stantly increasing trade facilities, and that again in low
rates of freight.
But the United States pursue just the
opposite policy, and our manufacturers have to pay for it.
Fourth—Great Britain subsidized all her steamship lines
our

can

| in their early existence, and continued it until they had
built up a paying trade; thus they were, in a great
measure, saved the usual sinking of large amounts of the
companies’ money, inseparably incident to a new ven¬
ture; and hence, again, the capital which represents the
steamship investment is that much less than it would be
here, and smaller freights will pay interest on the in¬
vestment.

is, that it is high
time our government and people paid more attention to
our growing export trade.
At least we should see that
the obdurate Chinaman to do business. But when Mr.
every legislative obstacle in the way of its dev 1< pment
Maclean begins to report about “American goods” he
is removed ; and when this has been done, we shall
clears up the difficulty, showing us the whole situation.
experience an industrial development in this country
These are his words: “American goods, on the other hand,
never before known.
“have been fairly salable, and the tendency of
prices
“
(jeans only excepted) is against buyers. It may not THE PRESIDENT’S FIRAVARD STEP IN CIVIL SERVICE
“be deemed out of place here to direct attention to the
REFORM.
“
fact that the trade in American cottons with China is
The order which Mr. Hayes has issued during the
“expanding very rapidly. The quality is greatly past week, or, more exactly, the notice he has given,
“
superior to the generality of stuffs that come out of that office-holders must confine themselves to their
“Lancashire; it is more honest and enduring, and so, official duties and not be, as heretofore, active organ¬
“although the first cost to the consumer is higher, even¬ izers and runners of political caucuses and campaigns,
deserves even greater attention than it has yet received
tually it is the more economical manufacture.”
This certainly is agreeable information and good evi¬ on the
part of the public ; for, if this new principle is
dence of facts we have been constantly enforcing upon carried out in practice, with the spirit ©f the letter
the attention of our readers. And what is true of China
announcing its enforcement, a long step will have been
is true also of South America.

goods and

we

These markets

have them to sell.

admittedly superior.

want

our

In quality they are

But we must be enabled in price
with the most favored nations. Here¬
frequently stated the position of the
American producer in this particular. The result of it
also to compete
tofore we have




The conclusion from these facts

taken in civil service reform.
We see, however,
order on the ground

that opposition is made to the
that it removes from office-holders
their individuality, and they become mere automata.
This is certainly a novel conception of the situation. In
the first place, a man is not compelled to be an office-

i

602

[June 30, 1677,

THE CHRONICLE

holder; if he so wills it, he can remain a private citizen; merit instead of party services in appointments, and the
this privilege still belongs to him. When, however, he great reform of narrowing and simplifying the govern¬
ohooses of his

own

free will to sell

out

his time and

services to the

people of the United States for a con¬
sideration, evidently there is a mutual obligation. For
instance, after receiving a government commission, he
has no right to sell his services again
elsewhere, or even
to give them up
gratuitously to any object whatever,
whether it be to managing a savings bank or attending
committee meetings and conventions and running a party.
To an extent, therefore, the poor, unfortunate officer, it
seems, does sell his liberty when he takes a government
commission.

ment administration. The last alone

can

make reform per¬

Mr. Hayes has proposed the beginning. His i
depends upon public support, and it should be j
heartily given him, not merely by quietly looking on, but!
by sensibly holding up his hands; for the importance of
making a beginning now cannot be overestimated, and
once
really inaugurated as the policy of the land, \
neither party will dare to disturb the situation.
manent, but
success

Citcat fHonetani an& dammercial ®itglisl) 3Jcco0
RATES OF EYCHANGE AT LONDON AND ON LONDON

LATEST DATES.
‘
merely personal. Growing out, how¬
EXCHANGE AT LONDON—
ever, of the practice which the President proposes to
EXCHANGE ON LONDON.
JUNE 15.
stop, is a great evil—national in its bearing. Nor is it
LATEST
ON—
TIMS.
RATE.
TIME.
RATE.
of recent origin.
It has been growing for thirty years
DATE.
and is not peculiar to one party, although the enor¬
Amsterdam... 3 months. 12.3X^12.4
short
12.08.
mous
extension of government has made it worse Antwerp
25 22
25.S7X@425.42X
20.66
3
20.34
Hamburg
©20.70
short.
short.
25.19
25.17X ©25.27{4
during the last eight years than ever before. In prac¬ Paris
Paris
3 months. 25.32X@25.37X
12.85 ©12.90
3 mos.
126 00
tice, the Custom House here, for so long a time that few Vienna
Berlin
20.66 ©20.70
short.
20.47
remember when it was not so, has been “ run ”
Frankfort
20.66 ©20.70
20.46
by a 8t.
25 3-16©25 5-16 June 12.
3 mos.
25 23-32
Petersburg
faction in the interest of the party in power at Wash¬ Cadiz
47%@47X
Lisbon
90 days.
513!£©51 X
3 mos.
27.95 ©28.05
ington, and to get control of it has been the proof and Milan
Genoa
27.95 ©28.05
aim of ascendancy in State politics. Levies upon office¬ Naples
27.95 ©28.05
Madrid
3
June 13.
49!65
46X@46X
holders, beginning with the plump checks of high New York
June 15. 60 days.
4.88
Rio de
May 10. 90 days.
23X@23X
station and ending with the percentage on the small Bahia Janeiro
Buenos Ayres..
salary of letter carriers, have been the funds of general Valparaiso
May' 1. 90 days.
42X@’2X
Pernambuco..
May 5.
23@24
campaigns; the President has been expected to belong Bombay
Is. 8 11-164.
June 14.
30 days.
6 mos.
18. 8 13-16(2.
Is. 8 11-164.
June 14.
Calcutta
1*. 8%d.'
to and care for the
party instead of the country; office- Hong Kong...
June 2.
4s. 0 %d.
June 2.
bs. 5d.
holders have been at the head of committees, from Shanghai
Penang
Singapore
highest to lowest; they have organized and managed Alexandria....
June 13.
3
971/*
conventions, framing the platforms, naming the candi¬
(From our own correspondent/!
dates for office, controlling every detail,
London. Saturday, June 16, 1877.
and being the
The demand for money during the week has been upon an
working political force from top to bottom. A vast,
complex, and effective machinery has thus been created, exceedingly moderate scale, and a tendency to increased ease in
the rates of discount has been apparent.
The directors of the
having practically the power of self-propulsion and self
Bank of England have made no change in their rates, the official
perpetuation; “the machine” has become a reality—a minimum
being still 3 per cent, but in the open market the best
ruling force against which all discussion of reform short-dated and three months’ bills are taken at 2-f to 21, and
seemed to be ineffectual.
Tyranny though it is, the six months’ bank bills at 2£ to 2f per cent. We have now
completest triumph of it is that there has been so arrived at the period of the year during which our payments for
foreign produce are the most reduced. The producers of food
little recognition of its existence.
and of raw material have now parted with the bulk of their
Some weeks ago, we remarked that genuine reform in
crops, and until the new season commences, the demand for
the Custom House must begin with
permanently dis¬ money on account of our importations is certain to be very mod¬
severing it from political organizations. In like man¬ erate. We are paying, of course, an enhanced price for cereal
AT

But all this is

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ner

it is certain that

the broader field there

as when wheat was much dearer than it is now,
perceptible effect upon the money market, it should,
proposed new depar¬
therefore, be even less the case now. The trade of the country
ture becomes real.
If party services and “
influence,’’ also remains in an exceedingly quiet state. The war promises
instead of personal, fitness, continue to be the
qualifica¬ to be a longer one than some persons were disposed to hope.
tion for office, if zealous party-work rather than
per¬ The Russian army, notwithstanding that war has been declared
formance of official duties continues to be the title to some eight weeks, has not yet ventured upon attempting to cross
possession, of course those duties will continue to fill the the Danube. The Russian generals evidently foresee consider¬
able difficulties, and as failure would have a very injurious
subordinate place in the minds of government
employes, effect in Russia, the necessary preparations
are, no doubt, being
and we shall never get civil service reform
although we made to ensure success. Indications are, nevertheless, not want¬
talk of it without ceasing.
The pronunciamento of Mr. ing of a desperate struggle, as this is more than an ordinary war,
Hayes therefore sounds the key-note of reform; and being one of races, religion, and attempted aggrandizement. The
that it has caused a fluttering is most
natural, for the uncertainties, therefore, about the political future react upon
trade, and the same policy of caution continues to be adopted in
diseased spot is always the one tender to the
slightest
nearly every branch of business.
The present quotations for
touch.
money are as follows: .
Fortunately we have a President who is not working
Per cent. ] Open-market rates:
Per cent
Bank rate
for his own re-election, but for the
3
|
4 months’ bank bills
2X&2X
on

cannot

be civil service reform until this

,

\

produce
there

;

but

was no

.

He is
certainly President now, and certainly will be until
1881, and no longer.
With power, also, closely bal¬
anced between the parties, there never can be a better time
to squarely raise the issue between
country and party,
and if one party will not
support the President in doing
right, let him look to the country. This step of his is a
decided one, and it naturally leads to a further advance
—to the abolition of
assessments, the substitution of




country.

Open-market rates:
30 and f>0 days’ bills

(

2X©<X !
The rates of interest allowed by

3 months’bills

count

houses for

6 months’bank bills
2X"©2%
4 and 6 montha’trade bills. 2X@a

the joint-stock banks and dis¬
deposits remainas follows:
Per cent.

Joint-stock banks
,
Discount houses at call
Discount booses with 7 days’notice
Discount houses with 14 days’ notice

Annexed is

statement

©....
@—
2X@L...

2
2

2X@- •••

showing the present position of the Bank
of England, the Bank rate of discount, the price of Consols,
he average quotation for English wheat, the price of Middling
a

June

SO, 1877.]

Upland cotton, of No. 40’s Mule twist, fair second quality,
previous

years:
1873.

1877.
£

1876.
£

£
25,272,412
13,1510,967

bank post bills
Public deposits

1874.
£

1875.
£

26,925,057
8,134.337

26,786,723

27,507,525 27,99y.421

16,537,330

Circulation, including

18,486,719

8,558,129
21,898,232
14,594,223

17,008,936

7,914,651
21,138,081
15,214.859
18,663,592

Government securities. 13,398,934

13,913,774

Other securities
Reserve of notes and

22,495,891

17,792,274

6,949,426
19.546,851
13,754,729
18,331,029

11,959,990
and bullion in
both departments.... 21,851,190

12,995,734

12,384,623

16,292,405

13,031,796

23,625,134

23,813,093

23,491,020

25,761,456

p. c.

3% p. c.

Other

deposits

coin

Coin

Proportion of
to

reserve

53*64 p. c.

liabilities
6 p. c.

Bank-rate

41*41 p. c.

2 p. c.
94 %

3 p. <*

47s. 4d.
6d.

60s. Od
6d.

61s. 4d.

8 3-16d.

8%d.

93
41s. lid.
7 ll-16d.

Is. 2d.

Is. 0%d.

Is. 0i4d.
O^d.

lid.

10d.

Clearing House return 131,646,000 136,269,000 125,397.000

79,423.000

84,092,000

9 2%

...

English wheat,av. price
Mid. Upland cotton....
No.40s, mule twist fair
2d quality

92%

decidedly favorable, and the propor¬
increased from 41*75 to 44*44 per
cent.
There has been a decrease in the note circulation, as well
as an increase in the supply of bullion, and the result has been
that the total reserve has been augmented by £S41,980.
The weekly sale of bills on India was held at the Bank of
England on Wednesday. The amount allotted was £266,000,
viz., £239,700 to Calcutta and £26,300 to Bombay. The average
rates obtained were : On Calcutta, Is. 8*57d. ; and on Bombay,
Is. 8.56d.
Tenders for bills at Is. 8 9-16d. will receive about 15
The aLove Bank return is

tion of

reserve

per cent.
week.

to liabilities has

Very little change is apparent, compared with last

steady during the week, and fine
quoted at 53fd. per ounce.
following are the current rates of discount at the leading

The silver market has been
bars

are

The

cities abroad:
Bank

Bank Open
rate, market,

per cent,

Paris
Amsterdam

percent.

1%
2%@2%
4
3%
4
3%@"%
4
3%@3%
4)*
4%

2
3

Hamburg
Berlin
Frankfort

ViennaandTrieste..-..
celona
Lisbon and Oporto...

St. Petersburg

2%

Turin, Florence
Rome ;

6

8

5

Copenhagen

6

3.%

and

Leipzig

6

2*

5
5
5

Brussels

Genoa
Geneva
New York
Calcutta

Madrid, Cadiz and Bar¬

Open

markei
per cent, per cent
rate,

3%
.

*8 '

4

4%

3)4
3%@4%

4*

*4%

but 'little.

the weather remains
ere

consumers.

prices.

considering the question of the price of wheat it is always
necessary to bear in mind the possibility or probability of compe¬
tition.
For some seasons past this has been almost entirely
absent, and hence, the bulk of the world’s surplus has been
directed to this country. It seems to bo probable that such will
again be the case, for the Continental crops promise to yield a fair
average result, and consequently the only markets to which foreign-grown produce can be directed with safety will be those of
In

this country.

During the week ended June 9 the sales of

markets since harvest:
1876-7.

1875-6.
cwt.

31,022^110

31,519,365
5,459,029

Imports of wheat
Imports of flour

1873-4.

1874-5.

cwt.

«

transacted in the stock

English wheat

principal markets of England and Wales amounted
to only 26,779
quarters, against 40,330 quarters last yearIn
the whole Kingdom it is estimated that they were
107,200 quarters, against 161,400 quarters.
Since harvest the
deliveries in the 150 principal markets have been 1,795,142
quarters, against 1,826,736 quarters; while in the whole King¬
dom it is computed that they have been 7,180,600 quarters,
against 7,307,000 quarters in 1875-6. It is estimated that, with¬
out reckoning the supplies furnished ex-granary, the following
quantities of wheat and flour have been placed upon the British

in the 150

8

A limited amount of business has been

favorable, and actual and prospective sup¬

ample, the course of the trade must rule in favor of
The probability is that the value of wheat will
decline to its previous level, as early in the new season large
supplies of new produce will be hastened forward, each pro¬
ducer being desirous of obtaining the current remunerative
plies

58s. 4d.

Consols.

-

Agriculture in that country must have been
sadly neglected ©f late, and probably the bulk of it will b©
required to meet the requirements of the commissariat. The
Egyptian Government, however, find it a somewhat hard task to
procure the means to pay the coupons on their external debt, and
the latest intelligence from Cairo announces the fact that the
Government have sold their grain crop for a sum of £500,000.
The wheat, beans, &c., representing that amount, will obviously
be forwarded to consuming markets as quickly as possible, as it
is evident that nothing is to be gained by holding.
As long as

spare

and the Bankers’ Clearing House return, compared with the
four

603

THE CHRONICLE

41,801,858
5,071.753
31,663,500

5,440,152

cwt.

3*2,611,883
5,292,878
35,095,500

41,842,100
31,116,01)0
during the week, but the tone has, on the whole, been Sales of home-grown produce
good. There is now no “ bear” account, and at one period it
Total
68,094,394 78,537,146 78,304,368 73,000,261
2,071,245
715,835
233,603
Exports of wheat and flour
755,827
appeared that the “bull” account was weak, as on Wednesday
Result
67,333,567 7?,821,261 78,070,760 70,929,016
prices experienced a decided fall. Fine weather, however, for
61s. 9d.
43s. 7d.
45s. 6d.
Average price of English wheat....
52s. Id.
the growing crops and cheap money counteract the evil effects of
The following figures slum the imports and exports of cereal
the war, and there has since been a return of buoyancy.
The weather during the past week has been very favorable,
produce into and from the United Kingdom since harvest—viz.,
not only for the growing crops of cereals, but also for the freBliiy from the 1st of September to tbe close of last week—compared
sown roots.
It would almost appear certain that we have entered with the corresponding periods in the three previous years:
IMPORTS.
1873-4.
1874-5.
upon a period favorable to a healthy development of the crops,
1875-6.
1876-7.
32.611,883
31,022,116
41,801,588
Wheat
and, in most quarters, the prospects of a fair average harvest are
7,593,414
7,260,829
11,333,001
Barley
8,158.418
8,690,304
7,234,368
regarded as more than usually promising. Not very long since, Oats
957,751
1,484,483
1,179.289
1,H61,293
Peas
the agricultural problem was regarded as backward, but recently
3,189,565
2,199,218
2,956,201
3,715.973
Beans
13,477,616
12,485,969
19,679,349
26,485,087
vegetation of all descriptions has made rapid progress, and at Indian Corn
5,292,878
5,440,152
5,459,029
5,077,758
Flour
the present moment no fears are entertained of a late harvest.
EXPORTS.
696.324
1,949,171
186,638
Wheat
From abroad, also, the reports are encouraging, and before many
232.334
185,166
22,665
44,447
Barley
85,291
282,131
63,652
84,348
weeks shall have elapsed we shall be in the receipt of liberal Oats
17.787
10,428
30,361
21,911
Peas
2,321
7,713
2,241
supplies of new produce. From the earlier and tropical wheat- Beans
26,128
114,493
37,177
41,352
410,613
producing countries, indeed, new wheat is already on its way to Indian Corn
46,970
120,071
36,923
19,561
P16ur
the British markets, and as the harvest wave, with such weather
In reference to the hop prospects, it is stated that up to within
as we are now eujoying, will speedily reach more northern lati¬
the last few days the condition of the hop grounds throughout
tudes, the apprehensions of scarcity recently entertained have Kent was such as to cause serious apprehensions on the part of
bow entirely disappeared.
planters. The very wet winter had left the ground in a bad
For a long time past many wheat-producing countries have
state, and hops were consequently late in starting, but the gar.
been in financial difficulties, and have been parting freely with
dens have, since the warm weather set in, considerably improved.
their supplies of cereal and other produce. The United States,
Hop plants in the Hereford district have also greatly improved
.Russia, Egypt and Turkey have been more or less involved, and with the warm weather, and are now growing vigorously, and
the result has been that those countries have been free sellers of

markets

.

.

.....

are

comparatively*free from blight and of good color.

productions. At this period last year there wan an impres¬
sion that, with the exception of Turkey, the position of affairs
Ensllah market Reports—Per Cable.
was improving, and that with the removal of many difficulties
Thedaily closing quotations in the markets of London and Liver¬
less desire to sell hastily would be evinced. The war, however,
pool for the past week have been reported by cable, as shown in
has, as far as Russia and Turkey are concerned, compelled a the following summary:
change in those anticipations, and it is now evident from the
London Monty and Stock Market.—The bullion in the Bank of
fact that Russia wants to borrow £15,000,000, that war is telling
England has increased £211,000 during the week,
Fri
Thur.
most seriously upon her financial resources.
Wed*
Tuee.
Taxes and loans
sat.
Mon.
94%
94%
94 7-16
94%
throughout the Russian Empire must be raised to high figures
94%
94 7-16
94 7-16
94%
106%
106%
106%
106%
in order to meet the heavy war expenditure, and Russian mer¬ (J.S.68 (5-20s) 1867.... 106X
106
109%
109%
109%
109%
109%
109%
chants will have to sell their crops at an early date in order to 0.8.10-40S
108%
107%
107%
107%
107%
107%
105
105%
104%
104%
meet the demands which the Government must inevitably make New4%s
104%
101%
their

upon

them.




As regards Turkey, we

apprehend that she

can

Tinot+Yk/tnl (Int.tnn. \frLrlf.4t

—

Sflfl flnacial renort of cotton.

604
Liverpool Breadstufla Market.—
Sat.

Mon.
s.
d
28 6
11 0

8. d.
Flour (extra Siate)
flbbl 26 6
Wheat (Rr W. spring). $ ctl 11 0
44
(Red winter)....
44
44
(Av. Oil. white).. “ 11 11
4‘
(C. White club)... 44 1 2 3
Corn (n.W. mix.)
quarter 24 0
Peas (Canadian) V quarter 37 0
„

Tuee.
8.

Wed.
a. d.

d.

26
11

6
0

26
11

6

12
12
24
37

d.
26 6
11 0

6

Same time in1876
1875
1874
1873

Frl.
8.
d.

b.

6
0

12
12
24
37

Thur.

26
11

6
0
•

11 11
12 3
24 0
37 0

5
0
0

12
12
24

37

5

0
0

6
0

5
0

Sat.
d.

Mon.

s.

SO

0

52
31

6
6

45
59

6
0

Tnes.

d.

s.

8.

Wed.

d.
0
6

80
52
34

0
6
0

80
52
34

45

6
0

45

0
0

57

6

53

Thur.

80

50
51
34
41
55

52
34
45
57

b.

0
0

0

d0
0
0
6
0

s.

Liverpool Produce Market.—
Sat.
s. d.
50
10 6

Rosin (common)... tfewt..
44

(flue)

44

Petroleum(reflned)....tf ea!
(spirits)

R cwt. 40
Cloverseed(Am. red).. 44 45
8pirite turpentine
44
27

Tues.

d.

5

10

6

8%
40
45
27

0

0

5

0
0

5
10

0
10 6
12

8%

3
0
0

40
45
27

3
0

d.
0
10 6
8.

5

Sat.

Mon.
£. s. d.

d.
IAns’dc’ke(obl).fl tn. 9 15 0
Linseed (Cal.) 38 quar.
55 0
8.

Tuee.
£ s. d.

9 15 0
55 0

9 15
55

0
0

32 0

32
82 0
35 0
27 10

0
0
0
0

Bagar(No.l2D’chstd)
on

spot, # cwt
32 0
Sperm oil
$ tun.. 82 0 0
Whale oil;

44

.

82 0 0
35 0 0
26 15 0

35 0 0

Linseed oil....^ ton. 26 15 0

Wed.

Thur.

£ 8. d.
9 15 0
55 0

8>4
6
0
0

32
82
35

27

0
0
0
0

0
0
5

32
82 0
35 0
27 10

0
0
0
0

e

d.

9 is
55

a
0

32

0

0
0

0
0

27 10

0

35

Imports
chandise.

week,
against f8,297,910 last week, and $6,529,773 the
previous week.
The exports amount to
$5,711,029 this week, against $4,820,173
last week, and $6,023,957 the
previous week. The exports of
cotton the past week were 8,128
bales, against 3,603 bales last
week. The following are the
imports at New York for week
ending (for dry goods) June 21, and for the week
ending (for
general merchandise) June 22 :
FOREIGN IMPORTS AT NEW YORK FOR THE
WEEK.

1874.

1875.

1876.

General merchandise...

$1,432,698
5,213,873

$1,2i3,4l4
5,686,252

$729,131
3,763,117

$935,628
5,257,630

Total for the week.

$6,646,571

$6,934,666
169,812,671

$1,492,551
149,006,395

156,780,389

$176,747,337

$153,493,947

$162,961,647

Drygoods

Pjeviously reported.... 204,507,010
Since Jan. 1

In

$211,153,581

1S77.

Previously reported....

1875.

1876.

114,056,634

123,795,264

Since Jan. 1
*137,789,033 $118,533,313
$120,290,599
$!29,5C6,293
The following will show the
exports of specie from the port of
New York for the week
ending June 23, 1877, and also a com¬
parison of the total since Jan. 1 with the
corresponding totals
for several previous years :
June 20—Str. France

Havre

t

m
o*
June21—Str. tt ^
Herder

June 23—Str. City of

f

Foreign gold coin.
Span, gold coin..

,

...London

Amer. silver bars.
Amer. trade dols..
Mex. silver dols..
Amer. silver bars.
Amer. silver bars.
Amer. gold coin..

Hamburg

Richmond..Liverpool

t

Jane 23—Str. Oder

„

Southampton

Amer. gold coin..
Mex. trade dols
Mex. silver dols..
Am ^r. gold bars..
Amer. silver bars.

London

..

Total for the week
Total since Jan. 1, 1877
Same time in-

1876
1875
1874
1873
1872
1871

$28,485,391
48.926.443
28.408.596
27.803,131

38,637.644
44,730,418

The imports of
been as follows:

178,000

....

10 000

27,0;'!0
10,000

500,000
250,000
2'\000

Total since Jan. 1, 1577




Custom
House

Receipts.
June 23
“

same periods have

«
“

44

$505
245
500

7*. ..77.7 7.7.
.

52,000
582
100
200
-

$7,300,601

up

25
25
27
28
29

$101,000
.....

380,000
224.000
283,000
200,000

229,000

Sab-Treasury.

,

its rate of

—

Receipts.
*
-Payments.
Gold.
Gold.
Currency.
Currency.
$303,099 32
$833.999'72 $1,662,872 25 $512,692 21

5,511,757 85
501,284 25
752,692 41
2S0,349 SO
878,290 09

614,856 44
443,8*2 09

1,100,670 20
369,791 78

2,230,501 79

253,503 27
156,908 33
5,031,677 45

1,826,331 43
2,851,883 14

522,792
885,4^3
1,750,654
615 724
1,363,940

71
20
43
11
52

Texas Securities.—Messrs. Forster, Lndlow &
Co., 7 Wall at., quote:
State 7s,gld $103
109
Austin 10s.... 98
101
I G. H. & S. 6b, g. 83 87
7s,g.30 yrs 5108% 109* Dallas 10a.... 90 ~
I H.&T.C.7s,g.lst 87 89
101
Houston 6’s..
10a, 1884.. §100
20
| do 8s con. 2d 65 67^4
10s,pens.. J103X 104/, S. Ant’io 10s.. 90
G.H.&H.7s,g.lst 75 86
6s of 1892... $93
95
....

$57,192
7.243,409

keeps

Total
$1,417,000 $8,227,474 52 $5,618,642 02 11,789,350 97 $6,154,457 18
Balance, June 22
81.911,169 96 49,049,6:5 80
Balance. June 29
78,349,263 51 48,513,840 64

3,060
'

This old-established bank

The transactions for the week at the Custom House and SubTreasury have been as follows:

48,123,293
24,595.662
45,493,138

..

$500.

—San Francisco gold seven per cents, due
1897, are offered for
sale by Messrs. Perkins, Livingston
& Post, 23 Nassau street.
San Francisco owes less than 3 per cent of assessed
value, not 13
per cent, as erroneously printed last week in the Chronicle.

50,000

Colon

debts,

at sight for losses and subscribe five hundred
pounds to Relief
Fund.”

25.000
50.000

▼

reported

leased property.
The Baltimore Sun's report
says * “The appointment of a receiver
was made
necessary by the fact that the Baltimore & Ohio Rail¬
road Company had declined to make further loans to the Marietta

“

.....Silver coin
Gold co n
Jnne 18—Str. Oder
Southampton.. Silver coin
June 18-Str. Huntsville
Si. Johns
Gold coin
Jane 19—Str. Carondelet
.Havana
Gold coin.’.’’
Havana...’.’.7.Gold coin
June 20—Brig Emily
Belize
Silver coin..,
June 23—Schr. M. P.
Champlain.Laguayra
Silver coin..,
Gold coin....
Total for the week

Prevloualy

on
the bonds, and
asking for the appointment of a
receiver, &c. The Court appointed John King, Jr., receiver. The
Court, among other things, ordered payment, in addition to cur¬
rent expenses,of back
pay-rolls, and wages and material and sup¬
ply bills made within four months last past, and also taxes and
the rent due, or to become due, to the Cincinnati &
Baltimore
Railway Company for the use of its tracks, and such other rents
as were
necessary to preserve the rights of the company in its

—We call attention to the very favorable exhibit of the Liver¬
pool and London and Globe Insurance Company, in our to-day's
issue, sho wing a surplus, irrespective of the loss by the St. John
fire, of over four millions. The Company cabled from the home
office to Mr. W. Jarvis, Resident
Secretary at St. John, to “ draw

20,OOo
39,00o

$17,187,680
14,688,4*9

1866

specie at this port during the

Jane 18—Str. Andes

$93,600

..$19,176^833

Same time in—
1870
1869
1868.
1867

interest

—The holders of second
mortgage bonds of the Ohio and
Mississippi Railway Company are^referred to an advertisement
in our to day’s issue, from the
banking house of Messrs. John
Bloodgood & Co., requesting an interview, in order to take action
to protect the interests of such holders.

$1,263,600
17,913,233

Previously reported

filed, June 27, against the Marietta

upon application at the
office, describing the progress of the work done at the Mariposa
estate, and also stating that this will probably be the last assess¬
ment required for the
present work.

$5,711,029
■

was

—The Mariposa Land and
Mining Company of California have
levied an assessment of one dollar
per share on both the common
and preferred stock, payable at the office on or before
July 6,
after which date it will be
delinquent. The Company have?
issued a pamphlet, which can be had

1977.

$6,233,965

petition

a

Railroad

dividends while others have declined.

EXPORTS FROM NEW YORK FOR THE
WEEK.

$5,697,019
110,836,324

O.,

Company by the trustees of the fourth
mortgage of that company, alleging a default in the payment of

sums over

ending

1874.

State.—R. R. Gazette.

—The Manhattan Savings Institution has declared its
fiftythird semi-annual dividend, at the rate of six
per cent per annum
on Bums of $500 and
under, and five per cent per annum on all

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

$6,429,673
131.359.355

„

purpose of paying interest on its mortgage
which it has heretofore done to a
large amount.”

our

For the week

by the Court to George A.
Ramsdell, of Nashua, N. H., as master and referee. There are
two of these suits, one
brought by stockholders of the Eastern
of New Hampshire, the other
by the Attorney-General of that

Company for the

$6,151,258

June 26:

The suits to terminate the leas9 of the Eastern
Railroad of
New Hampshire have been referred

Ross County,
& Cincinnati

Exports for the Week.—The imDorts
this
increase in dry goods and a decrease in general
mer¬
The total imports amount to
$8,184,258 this
and

an

general

’

.

Marietta & Cincinnati.—In the Court of Common Pleas
of

Commercial an£> ftlisceUaneoua News.
week show

mortgage.

s.

82

743.124

9.597,838
3,958,413
1,589,049

Another suit has been brought
by holders of Portsmouth
Great Falls & Conway bonds, endorsed
by the Eastern Company,
to settle their
rights under the compromise with the creditors,
and whether they are entitled to be secure i under
the

Fri.

£ 8. d.
9 15 0
55 0

2,736,732

Eastern.—A suit is pending to determine what
right creditors
notes of the company as collateral have to
be secured under the new general
mortgage.

London Produce and Oil Markets.—
£

7,176,325
’

holding the ten-year

11^

8 yt
6
40
0
45
0
25

40
45
25

0

Fri.

d.
0
6

s.

8X

40
45
27

Tnnr.

s.

5

12

0
0

Wed.
d.

d.
0
10 6
12
8.

0

12
8^

44

Tallow(prime City)..

Mon.
s.

$3,179,957

1869
1868
1867

Lehigh Coal & Navi¬
gation Company and the Central Railroad Company of New
Jersey was ratified on Saturday, June 23, and it is understood
that the receivers of the
Lshigli & Wilkesbarre Coal Company
can
now
re-organize without foreclosure.
The agreement as
signed requires immediate payment of §400,000 by the Central
Railroad Company, which will continue to
operate the rai'road
and canals,and will pay the railroad
rental, amounting to $80,000
per month, payment to be made on the 20th of each month.. The
rentals for the use of the canals, as the sums due on
collaterals
taken from the Lehigh & Wilkesbarre Coal
Company, are to be
credited to the Navigation
Company upon construction account.

Frl.

d.
60 0
51 0
34 0
45 0
55 0

d.
0
6

s.

in—

Central of N. Jersey—Lehigh Coal &
Navigation Co.—
It is stated that an agreement between the

Liverpool Provisions Market.—
Beef (prime mess)
tc.
Pork (W’t. mess).... $bbl
Bacon (l’g clear mid.)$ cwt
Lard (American).... 44
Cheese (Am. dne)new 44

6,886.935
2,449,467

•

11 10
12 2
23
6
37 6

[June 30, 1877.

Same time

$2,173,729

1872

.

44

18701.

THE CHRONICLE

..

....

5 With interest.

THE CHRONICLE

SO, 1877.]

June

€l)c

Canker©’

605
June

(®autte.

Int.

Comptroller of the Currency furnishes the
following statement of National Banks organized the past week :
2 362—Second National Bank of Manchester, N. H. Authorized capital. $10^,The United States

Aretas Blood, President; Josiah Car¬
Cashier. Authorized to commence business June 20, 1877.
2,303—First National Bank of Shenandoah, Iowa. Authorized capital, *50,000;
paid-in capital, $30,010. Tho9. H. Read, Presidenr. A. J. Crose,
000; paid-in capital, *100,000.
penter,

Authorized to

commence

business June 22, 1877.

DIVIDENDS.
The following

dividends have recently been announced :
Per
ENT.

3%
3%

July
July
July
July
July
July

State and Railroad

(Days inclusive.)

Railroads.

Concord & Portsmouth
Lowell & Andover
Norwich & Worcester
Paterson & Hudson River
Paterson & Iiamapo
Pittsield & North Adams
Portland Saco & Portsmouth
Ware River

2%
3

3%

Banks.

Bowery National
Central National
Chatham National
East River National
Fourth National
Leather Manufacturers’ National...
Long Island (Brooklyn)
Market National
Mechanics’ National
National Citizens’
National Shoe and Leather
Oriental

6
4
4
3
3
6
4

July
J uly
July
July

June 21 to July 8
June 24 to July 1

26
27
24
23
2 June 24

to
to
to
to
to

Juiy

1

July
July
July
July

1
1
1

2
2 June 23

to

July

i

June
June
2 June
2 June

5
5
6
10
10
8
5

July
July
Tu!y
July
July
July
July

2
2
2

4

July

3%

.

4
8

5
5
5
3

People’s

5

Tradesmen’s National
Insurance.
Lorillard Fire
Mercantile Fire

Niagara Fire../
Pacific Fire.
Park Fire

People’s Fire
Ridgewood Fire (Brooklyn)
Miscellaneous.

England Mortgage Security Co

1

2
2 Tune 24 to July 1

2 June 24 to July 4
2
2
2

2
2
2

2
2

FRIDAY, JUNE 29, 1877-6 P. M.
The

110%
114%

*106%

106% 106%
109% 109%
109% 109% 109%
112% 112% 112%
*111% *111% 111%
*115
*115
*115
*112
112% 112
*112% *112% 112%
*111" *110% *110%
111% *110% 111%
108%*1
108%
*107% *108% *108%
122% *122% 122%

*106%

109%

109%
109%
112%

114%

29.
Ill

114%
106%
109%
109%
11254

*111% *111%

*115

*115%
112%
112% 112%
112%

*111% *111%
111% 111%
*108% *108%
108% 108%
*122% *122%

Ronds.—State bonds have been

com¬

paratively dull, and prices of both Louisiana and South Carolinas
have been easier, the latter being decidedly weak in the early
part, but recovering to 68|@69 to-day. Tlie demand for Louisi-

,

July
July
July
July
July
July
July
July
July
July
July
July
July

Phenix Natio nal
Second National
Third National...

New

8
8
2
2
5

3
4

—

28.

110%
114% *114%

110%

anas has been better here of late than in New Orleans.
District
of Columbia 3-65s are about the most active in this class of secur¬
ities and sold to-day somewhat irregularly from 77| to 75fc.
The Jersey City 6 per cent, water bonds, $255,000, lately offered,
were taken at 105.
In railroad bonds there has been a moderate

5

2
2
2
2
2
2

Jane Jnne

27.

♦This is the price bid; no sace was made at the Board.

Books Closed.

June 28
On (lem

5
4
3

C

Company.

When
P’able.

Juno

26.

Called bonds

NATIONAL BANKS ORGANIZED.

Cashier.

June

Seriod. 110% *110%
25
July. 23.

coup..-Ian. & July.*114%
May & Nov
6s, 5-20S, 1865, n. i...reg..Jan. & July. 106%
6s, 5-20s, 1865,n.i..coup..Jan. & July. 109%
6s, 5-20s, 1867
reg.. Jan. & July. 109%
6s, 5-20s, 1867
coup..Jan. & July. 112%
3s, 5-20a, 1868
reg..Jan. & July.*111%
6s,5-20s,1863
coup..Jan. & July.*115
58, 10-408
reg..Mar. & Sept. 112%
58,10-408..
coup..Mar. & Sept. 112%
5s, funded, 1881
reg. .Quar.—Feb. 111%
5s, funded, 1881... coup..Quar.—Feb. 111%
4%s, 1891
reg..Quar.—Feb. 108%
4%s. 1891
coup..Quar.-Feb. 108%
6s, Currency
reg..Jan. & July.*122%
6s, 1881

June

Money Market and Financial Situation.

The finan¬

cial markets show very

business, at firm prices for the best issues. The Rock Island’s
new mortgage 6s of 1917, have been placed on tlie regular list of
the Stock Exchange, and sold to-day at 103£.
The company has
exchanged some $2,500,000 of the old 7 per cents and is exchang¬
ing others daily; the new bonds are not sold for cash, as the money
obtained would have to lie idle for sometime. It is understood
now that no interest will be paid July 1, on the Ohio & Miss, first
mortgage bonds, unless it is raised by second mortgage bondhold¬
ers or stockholders.
The Marietta & Cin. Railroad has just
passed into the hands of Mr. John King, Jr., as receiver, which
places the whole line from Baltimore to St. Louis directly under
,

Baltimore & Ohio control.
New issues of Central Pacific guar¬
anteed bonds may soon be looked for by investors, as we under¬
stand that the arrangement for exchanging extension and income
bonds of tlie California Pacific R.R. Co. into new bonds for
smaller amounts, guaranteed by Central Pacific, lias been carried
into effect.
The California Pacific Company lias made a third

mortgage for $3,000,000—$2,000,000 at 6 per cent gold, issued in
place of $3,500,000 extension 7s, and $1,000,000 at 3 per cent,
issued in place of the $1,000,000 10 per cent incomes.
The new
issues are guaranteed by the Central Pacific Company. This
reduces the total funded debt of the company to $6,850,000, with
an average interest rate of about six per cent.
Tlie July coupons
of the old first mortgage bonds will be paid, as usual, by Eugene
Kelly & Co.; of the second mortgage by the Park B&nk ; and of
tlie new third mortgage at the office of the Central Pacific Com¬
pany, No. 9 Nassau street.
Messrs. A. H. Muller & Son sold the following at auction :

little change, and business is generally
dull, except in the transactions growing out of the government
bond negotiations. Wall street lias been
comparatively free from
sensations of late, either of those based upon reasonable
8HXRES.
BONDS.
grounds
1 Clinton Hall Association
or of those
$50
$19,590 Montclair & Greenw’dL.
arising from speculative rumors, and prices have been
RR. mort. bonds, due 1916,
4 Long Branch Banking Co.... 51
left to take their natural course.
Upon the whole, it may fairly 80 National Trust Co
with May, 1876, coupons on. 19
80
be said that tlie half-year closes with a much better
5 Tenth National Bank, N. Y.. 52
5,000 St. Louis Vandalia
Terre
feeling than
H. RR. 2d mort. bonds, due
lias prevailed during a great part of the time since the first of
6 Harlem Gaslight Co
100%
1893..
81
50
January, and all parties are looking to the fall crops to stimulate 10 Produce Bank
BONDS.
17,333 34 Warwick RR. debt cer¬
business activity throughout the country.
tificates
5
$150 U. S. 6s, 1880, Oregon War
Our local money market is unchanged, and on call loans rates
Debt
104»/3
2,000 Weehaken Ferry Co. 7 per
are easy at 1@2
per cent.
Commercial paper is a little slow of
cent bonds, due 1872
60
sale, as we noticed last week, and rates are generally ^@1 per
Closing prices of leading State and Railroad Bonds for three
cent higher, choice grades
selling at 4 to
per cent.
weeks past, and the range since Jan. 1,1877, have been as follows:
Tlie Bank of England report on
Thursday showed a gain of
June
June June
Since Jau. 1, 1877.
£211,000 in bullion for the week, and the discount rate was un¬
15.
29.
States.
22.
Lowest.
I
Highest.
changed at 3 per cent. Specie in the Bank of France decreased Tennessee 6s, old
*43% *43% *43% 42% Feb. 28 45 Jan. 11
*43
do
42
Feb. 28 44% uune 7
68, new
*43% *43
2,000,000 francs.
*20
North Carolina 6s, old
20%
18% Mch. 71 22^ Jan. 6
The last statement of tlie New York
City Clearing-House Virginia 6s, consol
*83% *c3
*82% 82% April 2; 82% Apr. 2
hanks, issued June 23, showed a decrease of $413,G7d in the
do
do 2d series... *43 %
*40
38
Jan. 16 45
Apr. 11
,

.

'

.

r

excess

above their 25 per cent

legal reserve, the whole of such
excess being
$18,635,575, against $19,049,250 the previous week.
The following table shows the
changes from the previous
week and a comparison with the two
preceding years :
June 16.

—1877.
June 2?.

1876.

,

1875.

Differences.
June 24
June 26
Loans and dis. $250,637,500 $250,416,500 Dec. $271,000
$218,397,400 $27*,707,800
Specie
18,352,100
16,209,000 Dec. 2.140,100
14,900.400
8,847,000
Circulation...
15.765,690 Dec.
15,971,000
205,400
15.603,500
19,016 500
Net deposits.. 227,685,800 223.316.100 Inc..
650,300 208,751,890 235,76<.000
Legal tenders.. 56,363,600 58,255,600 Inc. 1,892,000
54,204,100
71,491,500
United States Ronds.—There have been
considerable trans¬

actions in government

bonds, but business has been irregular and
unsatisfactory to dealers in consequence of the weakness in
prices on the slightest appearance of a downward turn in gold.
The funded bonds—fives

advanced and

and four-and-a-half

per

cents—have

quite firmly held, as these are regarded now as
the highest interest bonds likely to remain
outstanding for any
length of time, except currency sixes, and therefore the prospect
of large sales of 4 per cents pushes up their
prices. Among the
large purchasers of five-twenties of 1865 were some of the
German banking houses, probably taking them on
speculative
account, in view of their low price in gold. The amount of bonds
from London sold here this week is reported to he
upward of
$4,500,000. It was also reported that the Bank of Nevada took
recently a large amount of the 4£ per cent bonds.
Closing prices of securities in London have been as follows:
are

•

U. 8. 6s, 5-20s, 1867
V. S. 5s. 10-408..:
New 4% per cents

June
29.

.—Range since Jan, i. ’?7.—.
Lowest.

|

Highest.

XlO0%
109*
107%

106%

106%

106

109%
107%

109%

104%

104%

107% April 17 110% Feb. 6
105% April 25, 108% Apr. 10

Closing prices have been



June
22.

June
15.

as

108%
105%

follows :

June 25'

110% Feb, 6

xl02% May 16'106% June 29

Missouri 68, long bonds
Jan. 23 109%
*108% *108% *108% 104
78
79
71
*77
District of Columbia, 3-65s 1924
Jan. 2; 80
Railroads.
*58
Central of N. J. 1st consol.
58
50
Mch. 5' 85
58%
*110
Central Pacific 1st. 6s, gold ... *110
*109% 105% Mch. 5ill0%
Chic. Burl. & Quincy consol. 7s 111% 111% ♦110% 106
Mch. 16111%
Chic. & Northwest’n, ep., gold
85
84*4
85%
80% April 11 93%
Chic. M. & St. P. cons, s fd, 7s *87%
83
86% 78 Jan. 26 88%
Chic. R. I. & Pac. 1st, 7s
106
Feb. 28 112
110% 111% 112
*111
Erie 1st, 7s, extended
109
Jan. 15 115
*110% 1 ’5
Lake Sh. & Mich. So.2d cons.cp *92
95
*93 % *95
June
102
100
May
104%
Michigan Central, consol. 7s... 1C0% *101
Morris & Essex, 1st mort
Feb.
118
*115% *115% *115% 113
N. Y. Cen. & Hnd. 1st, coup...
121
120% ♦120% *120% 114 Mch.
Ohio & Miss., cons. sink, fund *yo %
83
92
81% June
*120”
117
Pitlsb. Ft. Wayne & Chic. 1st.
Jan.
122
8t. Louis & Iron Mt., 1st mort.
99% *ioi" 92% Mch.
102%
108
Jan.
Union Pacific 1st, 6s, gold
108% 108% 103
108%
96
do
98
97
sinking fund....
92% Mch.
98%
..

June 5

June 21
Jan.

5
June 11
June 14
Jan. 2
June 19
June 29
June 29

May 10

Mch. 12
June 7

May 24
May 22

Jnne23
Jan. 3
June 18
Fob. 6

*

This is the price bid: no sale was made at the Board.
Railroad and Miscellaneous Stocks*—The stock

lias been irregular and ratber

market

unsatisfactory, but closes with a
better feeling than last week.
It is not yet known whether any
August dividend will be paid on Lake Shore stock, it being re¬
ported that the subject was not broached at the executive com¬
mittee’s meeting to-day, but that the net earnings for six months
will not be such as to warrant it, after allowing for the Ash¬
The coal stocks are firmer to-day, and the Past
tabula accident.
says: “At the regular monthly meeting of the directors of the
Delaware Lackawanna & Western Railroad Company, held at the
company’s office in this city to day, the issue of ten million
($10,000,000) dollars of bonds on the main line of the road was
authorized by unanimous vote. This loan will provide for the
payment of $2,800,000 mortgage, which is the only existing lien
on the property, and will leave $7,200,000 applicable to such
purposes as may be deemed necessary. The May statement sub¬
mitted to the directors to-day shows that the company earned .its
interest and all its leased-line charges.
The bonds run jttoty

606

THE CHRONICLE

years from September 1, 1877, and bear seven per cent, annual
interest.”
With the Granger stocks, the main expectations of a
decided improvement in the future is based
upon the hopes of a
material increase in
earnings when the new crops
come

begin to
in, which can hardly be to any large extent in the Northwest
before the middle of August.
Western Union Telegraph closes
about 1 per cent

better than last week. The decision in favor of
giving the land mortgages and lands to the company, had the
effect of advancing Hannibal & St.
Joseph stocks. At the Mich¬
igan Central election the old board was elected without show of
The officers of N. Y. Central & Hudson and
opposition.
Receiver of Erie have agreed to pool earnings to competitive
points within this State, and so keep up their rates to reasonable

figures.

Total sales of the week in leadinor stocks
June 23..
44
25..
H
20..
44
27..
44
28,.
29..
44

3,930

Total
Whole stock

22,500

21,615

0,950

Del.L.
& W.

8,110

17,830
32,310
17,400

24,880

Erie
Han. & St. Jos
do
pref.
Harlem
Ill. Central...Lake Shore...

Michigan Cent
MorrIs&Essex
N.Y.Cen.&H.li
Ohio & Miss...
Pacific Mall

..

Panama

7,140
•7,900
12,505

48,910

2,950
3,150
3,970

23,405 71,410 98,915 31,750 44,001 141,120 40,250 14,900
200,000 494,005 337,874 122.744 150,000 202.000 894,283 249,997
number of shares of stock
outstanding is given in

Saturday,* Monday,

Chic. Burl.&Q
C. Mil. & St. P.
do
pref.
Chic. & North.
do
pref.
C. K. I. & Pac.
Del.& H. Canal
Del. L. & West

•

N. Y.
Rnck
Cent. Island.
2.325
2,335
700
2.770
7.600
1,805

16,509

The total
the last lino, for the purpose of comparison.
The daily highest and lowest nrices have been
At. & Pac. Tel.
Central of N.J

follows

were as

D.-l & H. Lake West’n' St.Paul Morns
Canal. Shore. Union.
& Ess.
pref.
6 200
8,(KM)
5,700
5,600
3,545
5,110
1,439
1.500
3,100
2,700
3,510 11.200 11,460
3,909
4,069
4,50) 11,200 15,120
7.100
5,810
4 800
4,305 15.800 39,050
5,900

June 23.
20 % 20%
6%
6%
99
99%
18% 19

<T une

Tuesday,

25.

June 26.
20

20%
6%

20%
6%
95% 97%
19%

49% 50%

50

20
45

20%

20% 20%

45%
9i3s: 92%
29% SO*
38
33; V

45% 45%
91% 92

45%

29* 31
32% 33%

29

*6

•

*136%
53

6

....

12* 13
•

•

•

....

53
48

13
24
•138
51

47*
40% 4'%
54% 5j%
89% 89%
s%
3%
20
95

June 27.

19%
6%

91%
32%
5%

6

*96%
IS*
49%
19*
44%
91%
29%
32*
•5%
13%

45%
91%
30%
33%
5%

13
14%
27
27
24% 25
: 139% •136% 133
•137%
51
52%
50% 51%
47% 48%
47%
47% 47%
41
41%
38% 4i%
33%

54%

13%

55

54%

89% 89%

20%

3%
19%

95

95

Wab. P.C. R’ts
2%
Union Pacific.
64% 64%
West. Un. Tel.
57
57%
Adams Exp...
93
American Ex.
43% 45*
United States.
44
44
Wells. Fargo.. *86
83
•This Is the price bid and

Wednes’y, Thursday,

20
7

6%
97% 97%
(8% 19
49% 50%
20% 20%

19%
50%

2%

19%
95

55%
89%
3%
19%

83*
2%
19%

3%

•94

2%

63% 64%
57% 57%
95
95%
*45% 4d%

95

2%
64%
57%

%

*63%
56%
95
*45
*44

follows:

as

95

46

55

83%
3
19
*9-4

J

une

28.

*19%

19%

20%
6%
7%
98% 98%
19
18%
49% 50%
18% 19*
43* 44%
92% 92*
30% 31%
33% 34%
5* "5%
14% 14*
27* 23%

7
97%

18*
50

20%
45%
92%
30%
33%
5%
15

23%
138%

133
52

51

47%
39%
56%
89%
3%

133

52%

47%
39%
55*
89

50%
92%

92%
30% 31*
34% 36
6
6%
14% 14*
27% 28
*137* 140
53

1%

1

64

90%

56* 57%
*95
95%
44% 45

2%
19%

96

97

1%

64

64

57% 58%

•94
45
*43

95%

*44
44
44
*66
87%
86% 86%
85% 85%
84
asked ; no sale was made at the Board.

45%
84

54

47% 43%
39% 40%
56* 60%

2* 3
19% 19%
95

51%

19% 19%
44% 45

40%
57%
90%

95%

64

7% 7%
99% 99%
19% 19%

43

19%

1#

Friday.
June 29.
*20
21

91%
2%

19%
97

X
*64

1%
67

58% 59%
95% 95%
*45
45%
*41% 45
65
86%

The latest railroad earnings, and the totals from Jan. 1 to latest
dates, are given below. The statement includes the gross earn¬
ings of ail 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

in the second column,
/

including, the report mentioned

Latest

earnings reported.

Atch. Top. & S. Fe.2d week of June.
Bur.<fc Mo.Riv.inNeb.Month of April.
Bur. C. Rap. & North. 3d week of June.
Cairo & St. Louis
2d w’k of June.
Canada Southern.... 2d w’k of June.
Central Pacific
Month of May..
Chicago & Alton
3d w’k of June.
Chic. Burl. & Quincy.Month of April.
Chic.Mil. & St. Paul..3d w’k of June.
Chic. R. I. & Pacific.Month of April..
Cm. Lafay. & Chic.. Month of March.
Clev. Mt. V. & D.,&c.2d w’k of June.
Denver Pacific
Month of April..
Denv. & Rio Grande..2d w’k of June.
Grand Trunk
W'k end. June 16
Great Western
W’k end. June 15
Hannibal & St. Jo.. .Month of April..
Illinois Central
Month of May..
Do. Ia.lea6ed lines.Month of April.

Indianap. Bl. & W...3d w’k of June.
Int. & Gt. Northern, ,3d w’k of June.
Kansas Pacific
Month of April.
Lehigh Valley
Month of May...
Louisv. Cin. & Lex..Month of May...
Louisv. & Nash., Ac.Monln of May...
Missouri Pacific
Month of May..
Mo. Kansas & Texas.3d w’k of June.
Mobile & Ohio
Mouth of April..
Nashv. Chatt, & St.L. Month of May...
Phila. & Erie
Month of May...
St. Jos. & Western.. .Month of April..
SuL.A.&T.H.(brchs) 2d w’k of June.
St.L. I. Mt. & South.3d w’k of June.
St. L. K. C.tfe North’n.3d w’k of June.
St. L. & S. Fraucisco.2d w’k of June.

,

which

$49,135,969 consisted of specie, against $544,602,299 last year,
when $50,253,866 consisted of specie.
Specie shipments to-morrow will probably be light.
The following table will show the course of
gold and gold
clearings and balances each day of the past week:
♦

Saturday, June 23
Monday,
“
25..,.
Tuesday,
“
26....
Wednesday, “ 27.,..
Thursday,
“
28
Friday,
“
29....
...

Current week
Previous week
Jan. 1 to date

■Quoti itions
Op’n Low. High
105# 105% 105%
105% 105% 105%
105% U‘5% 105%
105
105
105%
105% 105% 105%
105% 105% 105%

1877.

1876.

$39,949

Sol,844

$924,115

50,709

$955.6-0

51,724
21,992

208,360

212,985

407,123
113,943
804,878
6,309,000
1.967,255
3,496,782
2,779,460
2,138,434

556.784

15,781
4,783
36,652

1,575,000

6,333
30,103
1,757,415

109,156
960,19S
135,000
615,177

112,062

892,370
201,361
506,431
30,203
7,622

23.120

8,166
23,712
12.211

151,184
63,520

186,966
358,905
99,993

90.675
382.574
303.542

58,248
97,037

128,646
240,591
29,391
8,907
76,400

10,156
169,475
69,910
143,573
471.595

127,985
30,634

(Ken.div.).lst w’k of dune.
(Tenn.div.).ist w’k of June.

14.700

243,3:3
515,754
89,085
360,342
264,847
54,674
105.685

2,640

6.380,676
2,151,304
3,536,703
3,735,396
2,099,501
102,433
165,984

270,882*

183,050

599,940

621,987

1,819,255

2,168,8:3

559,767
633,410
845,841

745.693

421,877
2,039,369
1,484,241
1,341,012
642,499
693,574

543,795
878,018
-

402,532

1,922,646
1,448,803

1.345,534
666,152

143,422
293,495

1,139,159

24,252
9,495
71.054
59,833

1,304.456

123,936
219,244
1,903,991
1,368,1*86

215,709
1,672.845

25,524
12,772

556.764

554.257

213,013

5,253
2,763
32,707

243,704

123,533
61,006
456.798

131,237
62,832

1,054,183

3,7o2.24?

47,629

22.800
10,808
5,734

69,875
164.820

112,411
778,354

97,235

24,025
17.800
258,198
586,000

Tol. Peoria & Warsaw. 2d w’k of June.
18,663
Union Pacific
Month of April. 1.088,280
Wabash...
3d w’k of June.
83,219

0

758.074
103,239

1,449,194

630,298
3,289,664
2,010,391

87,980 1,880,194
♦Figures this year embrace Trinidad extension, which was not in
opera¬
tion until about the close of May, ’76 ; for the first five mouths of the
year,
therefore, the comparison was with a smaller mileage iu 1876.
1’lie Gold

Market.—Gold has been without important move¬
ment, though there lias been an undercurrent of weakness in the
market.
At the Treasury sale of
total bids amounted to $5,150,000.

$1,000,000 on Thursday, the
On gold loans the rates to¬

Balances.

,

,

Clearings.

105%
105%

$21,659,003 $1,766,856 $1,874,913
20,625,000
991,800 1,049.651
16,273,000 1,495,700 1,576.685
27,239,000 2,142,756 2,321,415
13,423.000 1,121,757 1,131,801
16,503,000 1,417,200 1,498,000

105%

105%
105%
105%

Gold.

(Currency

■05% 105% $115,792,000 $
105% 105%
95.669,000 1,383,500
107% 104% 107% !05%
1<»5

the

are

quotations iu gold

(ft $4 92
(ft 3 92
^ 4 80
X Guilders
3 90 @ 4 10
Spanish Doubloons. 15 60 @ 15 90
Mexican Doubloons 15 50 @ 15 6.)
Fine silver bars
118 (ft
119
Fine gold bars
par@%prem.

for

Dimes &■ half dimes.

Large silver, %s &#s

Five francs
Mexican dollars.

1,467,252
and

—

—

—

—

..

English silver
Prussian silv. thalers
Trade dollars

94
94
93
96

4 80
65
95

—

—

(ft
(ft
@
(ft
@
@
(ft

-

—

—

95
95
95

97

-

4 85
70
96

—

-

Exchange.—Foreign exchange has been steady, with consid¬
by the bond importers, one of whom took
some £260,000 of cable transfers sold
by the Bank of Nevada at
894.
To-day, prices were firm, and on actual'transactions 4.87@
4.87£ was paid for bankers’ sixty-days sterling and 4.89J@4.89£
for demand.
Cable transfers, 4.89|@4.89|.
In domestic exchange the
following %vere the rates on New
York to-day at the undermentioned cities:
Savannah, baying 3-16,
selling 5-16; Charleston, easy,
premium; St. Louis, 50 pre¬
mium; Cincinnati, steady, buying par, selling 1-10; New Orleans,
commercial, 1-16 discount,-bank par; and Chicago, 75 premium.
erable purchases made

-June 29.
^
60 days.
3 days.
.87 (§*4.88
4.89%@4 90%
4.89 @4.90
,86#@4.87#
.88 @4.8814
,85l/2@4.86
,85 @4.8514
,87%@4.8S

Prime bankers’ sterling bills on London.,
Good bankers’ and prime commercial...
Qood commercial

Documentary commercial
Pans

(francs)

,15% @5.14%

Antwerp (francs)

,15%@5.14%

.

40%@

Frankfort

(reichmarks)
Bremen (reichmarks)
(reichmarks)

New York City

40#

94%@
94%@
94%@
94%@ -

Hamburg (reichmarks)
Berlin

95%
95%
95%
95%

commencement of business

Capital. Discounts.

New York
3,000,000
Manhattan Co... 2,050,0 0
Merchauts’
3,030,000
Mechanics’
2,000,000
Union
1,500,000
America
3,000,000
Phoenix
1,000,000

City
Tradesmen’s
Fulton.
Cnemical
Merchants’ Exch.
Gallatin National
Butchers’«fc Drov.
Mechanics’ <fe Tr.
Greenwich
LeatRer Manuftrs.
Seventh Ward....
State of N. York.
American Exch'e.
....

....

Commerce

Broadway
Mercantile
Pacific

North River
East River
Manuf’rs’ & Mer.
Fourth National..
Central National.
Second National..
Ninth National...
First National....
Third National...
N. Y. Nat.. Exch..
Tenth National...

AMOUNT OP

Net

Specie. Tenders. Deposits.
S

10,206,200 2,602,200
7,008, tOO
400.800
7.182.300
787.800
6.614.300
413.500

1,908,600 10,653,000

1,000,000
1,000,000

6,031,400

955.500

3.223.700

600,000

1,148,200

86,300
179,100

303,000
625,000

300,030
1,000,000
l,5o0,000

9.906.900

500,000
600,000
200,000

600,000

4.146.800

343,000

8 618.400

1,114,000

2,767,000

419,000

5.333.600
7,440,030
5.246.400
3,615,8 0
7,639,0 0
2,851,000
5.629.900
1.773.500

261.800
56,000
30,200

2.743.500
900,600

218.303

800,000 2.178.700
5,000,000 12,730,000
10,000,000 17,451,000

,

Circula¬
tion.

i>

25,700
7,500
156,600
141,000
1,100

270,000
769,200

1,283.300

6S3,400 2,711,800 10.103,909
93,400
610,600
2.797.400

3.523.400
3,560,10(3
I,448,000
1.738.400
807,400

518.700

2,096,903

297,000
203,4(0

1,231,000

608,100
138,100
83,000

191.600
427.400
201,100

797,400

194.200
2,700

2.345.400

248,900

886,300

36.500

'946,300

216.900

300,000

1,000.000
1,' 00.000

72.900

441.400 2.316.900
45,000
233,000
549,000 2,485,000 9,875,000
283.200 3,912.403
6.734.100 2.426,200
41.100
888.200
771,303 3.278.200
368.400
174.800
2,660,300
45,000
761,200
1.949.200
70.900
521,900
203.800
2,465,003
450,000
261,000
733,20) 3.219.700
271,500
13,709
191,810
1.192.100
5,400
61.100
335,000 1.744.500
291.400
733.600
247,500
3.523.800
76,100
596,000
9,400
1,994,000
18.000
357,000 3,055,000 11,497,000
131,100
67,200
464.800
1.760.100
306,000
3,900
£0,100
2,001,703
234,700
205,800
188','200 1.733.400
62.600
495.200
585.800 1.180 500
430.200
714.100
101.200
3.186.700
103,100 1,058,000 2.534.200
4,800
79,303
517,000 2.375.600
594,600

4.916.400

422,700

2.918.300
1.743.500
3,325,000

.

1 500,0(00
450,000 2,9:4 500
People’s
412,500 1.279.900
North America... 1,000,000
2,084 900
Hanover
1,000,000
3.957.700
Irving
500,000 1,930,0:.0
Metropolitan
3,000,000 II,432,000
Citizens’
600,000
1.581.600
Nassau
1,000 000
2.151.500
Market
1,0:0,000
2, OHO, 600
St. Nicholas
1,000,000
1.900.100
Shoe and Leather. 1.000,000
3.870.500
Corn Exchange... 1,000,000
3.175.600
Continental
1,250,000 3.210.600

Park....
Mecb. Bkg. Aes’n.
Grocers’

95%@
95%@

City for the week

1,030,900
2,985,300
1,144,000
1,222,33)
2,200,900
539,000
1,642,000

Republic

Importers’&Trad.

95 %@

June 23, 1877:

Legal

Chatham

Oriental
Marine

on

AVERAGE

—

,

Banks

96
96
96
96

95%@

Banks.—The following statement shows the

condition of the Associated Banks of New York

ending at the

13%@5.11%
13%@o 11%
13%@5.11%
40%@ 40%

15%@5.14%

Swiss (francs)
Amsterdam (guilders).,

300,000
400.000

9.200

1.213.600

157,000
1,742,503
1/00,000 16,261,190
586,300
578.800
2,000,000 9,998,000
861,500
500,000
12.500
300,000
732,200
6,403
40 ',000
90,500
17.300
350,000
8'4,900
27,400
190,0 '0
1,000
391,100
3,750.100 13,767,100
315.900
2,000,000 7,439,000
205,000
300.000
1,985,000
1,500,000 5.167.100
49.500
500,000 4,680,000
355.900
1,003,000 6.199.500 1,734,500
300,000
1.077,600
31,000
100,000
27.300
1.548.600
2,400
250,000 1,127/00
200,0 0 1.144.400
1,000,000
207.800
2.523.400
1,000,000 1.163.800
12,003

day for carrying were 1,
and 2 per cent, and for borrowing
flat, \ and 1 per cent. As to the foreign commerce of the United
States, the latest figures of the Bureau of Statistics show that in
May the total imports were $46,298,257, or $7,853,780 more than
in May, 1876.
The total exports for May were $58,610,566, or Bowery National.
New York County
$7,124,182 more than a year ago; of this total $13,850,757 con¬ German American
sisted of specie, while the exports of May, 1876, included
Goods
only Dry
specie. The total imports for the. eleven months of
$9,171,354
Total
74,235,200



Total
Cl08.

105# 105
105

American coin:
Sovereigns
$4 8S
Napoleons
3 87
X X Reichmarks....
4 75

Jan. 1 to latest date.

1876.

St.L.&S.E’n(StL.div.)lst w’k of June.
“

the fiscal year amount to $442,220,503, which is $727,677
larger
than during the corresponding time last (year. The
exports for
the eleven months named amount to $608,592,596, of

Loans and
184

“

[June 30, 1877.^

-

.

323,300

1.132.500

223,500
428,000 1.894.800
4,129,000 17,490,900 1,087,200
bO,000
3,878,200 13,677,700
412,603
844,800
303.200
685,500
142,300
211.500
1:2,500
113,400

7c6,400
666,000
437.100

98,900

2,810,700 11,628,303 1,053.400
1,613,000 6,809,000 1,319,000
253,000
519,000 2,078,000
660,900
1,318,400 4,607/00
241,400
6.224.300
1,521,500
49,400
9(8,900 6.847.400
268,100
213,700
744.100
444,600
291,100
1.142.400
225,000
240,000
891,700
180,000
.331,300
1,158,900
490,000
2,503 100
418.500 1.165.300

250,416/ 00 16,239,000 58,255,600 223,316,100 15,765,603

607

THE CHRONICLE

1877.]

June 30,

QUOTATIONS OF STOCKS AND ' BONDS.
Quotations in New V ork represent the per cent value whutovor th«
,
,,
.
GENERAL

0t, .0r
treqil011t,y represent the proportion of par.
f.,^„r”nkingf"ndt^ "lor laXran t * ’"end..-for endorsed; “cons.,*

following abbreviations are often usod, viz.: “ m’ ” for mort^a^o • « „ »
consolidated; “conv.,” for convertible: ‘‘s.
Quotations in New York are to Thursday; from other cities, to late mail dates
The

for

Subscribers will coufer a favor by giving notice of any error
Bid.

Bonds.

United States

Ask.

coup.

d«

6s! 5-20s, 1867
£>r.

K

1

O flu

58,10-40S
5s, funded,
4%s, 1861
4%s, 1891

1881

coup..
re#..
coup.-^

QQQ-

South Carolina— (Continued)
7s of 1888

112%
112%
111%
111%
I 10«%
I 108%
J 122%

Eufaula RR
8s, Alabama & Cliatt., 1899.J A
J A

8s of 1892

5s of 1906,

il2%
111%

108%

T

J A

5
5

5

„

Q—

.

....

8

g-102 104
106
108
107
80

104

) 106
r 103
II 72

101

L

102%

FI 108% 109%
109
.107
F 108% 109
no
) 108

J A
F 103
F 103%
.

103%
47

Kentucky—6s
bonds,fundab

.

40

v.

82%

J &

112

Maine—Bounty, 6s, 1889

83
113
113

t 112

War debts assumed. 6s, ’89.

no
no

114%;

112
112
105

Massachusetts—6s, 187

114%
114%

no

Maryland—6s, defence, 1893

115

;

115
105

1

t! 110%

5s, gold

106
104

5s, g., sterling, 1891..
do
do

1894..
1888..

j
111%'
108
106
106

f 104
103

J A

6s, 1883

105

r

112
40

Minnesota—7s, RR. repudiated.

h

108% 109
Hannibal & St. Jo., 1886..
do
do
1887.-,

i

108%

--J &

6s, 1878

New

103
103

J

Missouri—6s, 1877

II

108%
.J A J 103%
108%
112%
106
104

Jersey—6s, 1897-1902... .,1
..JAJ

6s, exempt, 1877-1896

~ bonds,

coup.,

6s, Canal loan, 1877
6s,
do
1878
6s, gold, reg., 1887
6‘s, gold, coup., 1887
6s, gold, 1883
6s, gold, 1891

109

j|(

|

no

-6s, coup.
7s, reg. and coup.

!<
i

i
i
......

7s, tire loan bonds, 1890
7s, non-tax bonds

'liicago, Ill—6s, long dates
7s, sewerage, 1892-’95
7s, water, 189ft-’95
7s, river impr., 1890-’95
1 ftQO-’Q-,

r

Georgetown, D.C.—See Dist. of Col

85
92
97
95
91
93
105% 106
84
87
98 - 104
no
112

J A J

JAJ f

102
100
105
65
78
93
103

111
114
103
no
104
114
67
83
96
106

do
6s, Town Hall
City, 7s, sewerage
do
6s, City Hall
do
7s, Q’nnipick Bridge
New Orleans, La.—Premium bonds.
Premium bonds, drawn numbers.

Consolidated 6s, 1892
Var.
Railroad issues, 6s, ’75 A ’94..Var.

JAJt 109
109
109

Wharf impr., 7-30s, 1880.... J A D
103%
Cook Co. 7s, 1880...........MANtil03% 104%
All others sold on basis of prem’ms
no
109
do
7s, 1892
MAN'
New York City—
t 98
j1 Lake View Water Loan 7s
6s, water stock, 1876-80—Q—FI
96% 99
Lincoln Park 7s
1877-79
do
q—Ft
6s,
South Park 7s, 1876-’79
J A J 96% 99
1890..
do
99
Q-Fi
5s,
I
West Park 7s, 1890
20
1883-90
do
-Q-F
100
102
6s,
19% (
100
102
6s, aqueduct stock, ’84-1911..Q—F
;
6s, short
Var.*tjl00
no
7s, pipes and mains, 1900..M AN
112%
7-3 Os
Var.* M10

__

119
119
119

J A

i

*

.

>

6s,
6 s,

6s,

6s,
6s,
6s,

do
do
do

65
65
48

coup.

do

1868

A

bonds...:
do

J
A

new

■

9
9
8

12%

j
!i
i

i!

8

i

3%u

6s,

do

°

6s,
do
Ohio— 6s, 1881
6s, 1886....

class 2

3

A

lie

3

A

class 3

109
Var.* ti 109

7s

48

off.
'

j

Southern RR. 7-30s, 1902...JAJtj 105
105
103
do
7-30s, new
do
6s, g., 1906. .MANtj 98
Hamilton Co., O., 6s
100
do
7s, short
tTOO
do
long 7s A 7-30s. t 107
leveland, O.—6s, long,
Various. 104

(is, short
7s, long
7s, short

T

Various.

101

6s.lS94
South Carolina—6s

■

Ky.—7.30s
F ft A ! 10 4%! 104%! (
8S.
F ft A ! 111%! 112 I
107%! 108
MASt|j 107%:10S ! T
113
FAAt 112
112
| I )etroit, Mich.—7s, long]
7s, water, long
-....J A J j 38
_

38

6s

AAO

6s, funding act, 1866
6s, Land C., ’89
6s, Land C.. 1889

J A Ji| 38
J A Jii 45

*

Price nominal; no late




AAO|1

45

transactions.

| I )ist. Columbia—

i

‘""I

100
t TOO

103
107
109
109

6s, reservoir bonds, 1907-T1.Q—F
5s, Cent. Park bonds, ’77-98. .Q -F

111
106

104
100

no
105
102

Various t 107% 111
105
Various tj 105 1 106

J ft J 104
J A J 110
j
105
104. !
102
Special 7s, 1876-’81
Yearlj*tjl05
Pennsylvania—5s, gold, ’77-8..I
«)D
97 | 102
| C
5s, cur., reg., 1877-’82
FAA*|
Ga.—7s, Various
Var. I 67
107% 107%' (
5s, new, reg., 1892-1902
FAA.

6s, 10-15, reg., 1877-’S2
6s, 15-25, reg., 1882-’92
Rhode Island—6s, 1882

100
100
45
101
100

102
104
PI 3
107

105
106
115

20
103
101
no
101
101
109
105
100
106
104
no
97
107
103
100
100

25
105
102
111
102
102
110
106
101

110

107

110%
100
108
106

100%
100%

94
108
108
82

109
83
102% 103
109
108
29

32%

30
30

36
35

95

100

104%
106
25
30
40
30
70
70

47%
50
80

77%

102% 103
115
113

7s, long
Var.
7s, water, long
Var.t 113
New Bedford, Mass.—6s, 1893
t 110%
N. Brunswick, N. J.—7s
t
NewLmryport, Mass.—6s, 1890
t 108%
N. Haven, Ct.—Town, 6s, Air Line... 100
100
Town, 6s, war loan

|

109
.TAJtilOO
109%
JAJt|109%
T '

101
102
102
102
93
102
100
75
95

111

100
112
100
101
35

110
102
102
101
113
101
104
36

42

47
55

i

J

6s, gold, 1893

109
113
82
97

70
90
100
80
90

85
96
85
98
35
96
100
95
95
95
109

Ask.

97
Var.
97
AAO
110
Fall River, Mass.—6s, 1904...FA At
5s, 1894, gold.....
FAAt 105% 105%
Fredericksburg, Va.—7s
MAN 100%
Galveston, Tex.—10s, ’80-’95 ..Var
100
Galvest’n County,10s, 1901.J A J 97
Grand Rapids, Mich.—8s, wat.A A O 106

7s, funded, 1880-’95
7s, consol., 1885-98

6

100% 105

!!<

113%!

f...
J
J
J
J

90

73% East Saginaw, Mich.—8s
44% El izabeth, N. J.—17s,imp. ,’76-86. Var t

5

Var. 105
.Var. 112
MAS 101%

7s, 1880-’95.
7s, water, long
6s, Park, 1926
<

j

1877. .J

JAJt

j:

New York—
do

P.W.,ctfs. imp. 8s,’76-8...
Certificates, sewer, 8s, ’74-77—
Water certificates, 8s, 1877
Board

Harrisburg, Pa.—6s,coupon...Var.*
Hartford, Ct.—City 6s, various
Atlanta, Ga.—7s
Capitol, nntax, 6s
I
Do.
8s
Hartford Town bonds,6s, untax...
Waterworks
Houston, Tex.—10s
Augusta, Me.—6s, 1887, mini.. FA At
6s, funded
Augusta, Ga—7s
Various
Indianapolis, Ind.-7-30s,’93-99. JAJ
Austin, Texas—10s.
Jersey City—6s, water, long, 1895..
Baltimore—6s, City Hall, 1884.Q—J
1899-1902
7s,
do
J A J
6s, water, payable at will.. .MANt 102% 102%
7s, sewerage, 1877-’79
J A J
6s, Pitts. A Con’v. RR.,1886. J A J 111% 112
7s, assessment, ’77-79. J A J-MA N
6s, consol., 1890
Q—J 111% 112%
7s, improvement, 1891-’u4
Var.
6s, Balt. A O. loan, 1890
Q—J 111% 112%
112
7s, Bergen, long
J A J
Q-M 111
6s, Park, 1890...Hudson County, 6s
111
113
AAO
6s, bounty, 1893 /
MAS
do
7s.MAS and J AD
115
6s,
do
exempt, 1893... M A S 113
114
Bayonne City, 7s, long
JAJ
6s, funding, 1894
J A J 111
Lawrence, Mass.—6s, 1894...AA Ot
6s, 1900..1
J A J 111% 113
113
Long Island City, N. Y
f
6s, West. Md. RR., 1902....J A J 112
Louisville, Ky.—7s, longdates. Var. t
Q—J 98 100
5s, consol, 1885
112
7s, short dates
Var.
6s, Valley RR., 1886
A A O 111
6s, long
Var.t
angor. Me.—6s, RR.,1890-’94. Var.t 103% 104%
106%
6s, short
Var.t
JAJ t|106% 107
(is, water, 1905
MANt
6s, E.A N.A. Railroad, 1894..JAJt!1103% 104% Lowell, Mass.—6s, 1894
103%
1103%
J A J
6s. B. A Piscataquis RR..’99.AAOt|103% 104%! Lynchburg, Va.—6s
8s
JAJ
103%
atli, Me.—6s, railroad aid
Var 1103% 104
107
105
FAAt
Lynn, Mass.—6s, 1887
telfast, Me.—6s, railroad aid, ’98.. t 103% 104 | Macon, Ga.—7s
Manchester, N. II.—5s, 1882-’85...f
ioston-, Mass.—6s
6s, 1894
t
6s, currency, long, 1905
Var.t j 114 " 115
114
106%
6s, currency, short, 18S0
Var.t 1106% 106%! Memphis, Tenn.—6s, old, C...J A J
110% Ill
J A J
5s, gold, 1905...;
Var.til'10% 105 | 6s, new, A A B
103
6s, gold, fund.', 1900
MAN
Sterling, 5s, gold, 1893
AAO1 "
107
6s, end., M. A C. RR
do
5s, gold, 1899
JAJ 1 1105
105
Milwaukee, Wis.—5s, 1891—J A D
do
5s, gold, 1902
:AcVCG 103
107
rt s, 1896-1901
Var.
irooklyn, N.Y.—7s, ’77-80
J A J 101
115
105
7s, water, 1902
J A J
7s, 1881-95
J A
119
117
J A J
Mobile, Ala.—8s
7s, Park, 1915-24
J A
J A J
5s
117% 120
7s, Water, 1903
J A
6s, funded
MA N
116% 118
7s, Bridge, 1915
..J A
109
107
Montgomery, Ala.—8s
J A J
6s, Water. 1902-5
J A
no
107
Nashville, Tenn.—6s, old
6s, Park, 1900-1924
J A
114
6s, new
M A N no
Kings Co. 7s, 1882-’89.
107
Newark—6s, long
Var.
do
6s, 1877-’80
MAN 103

5

)
)

.

J A
J A

JAJ

Allegheny Co., 5s

5

-

Connecticut—5s

JAJt
JAJt

Wharf 7s, 1880

43

6

7s, Levee of 1872..
California—6s, 1874.

do
do

7^%

Various 109

6s,T876-’90

24

)

7s,L. R. P.B. &N.O., 1900..A

8s, non-fundable....

31
31
83

107

Var

Albany, N. Y.—6s

20
42

100
100

.dies. A O. st’k (’47) 6s, at pleas.
Georgetown—Gen’l st’k, 8s, ’81...

101

103% 104%

J A
6s, consol., 1905
6s,
do
ex-coup., 1905.. .J A
6s, consol., 2d series
J A J
6s, deferred bonds
6s, tux coupons

111%

108%

JAJ
JAJ

(is, various

Allegheny, Pa.—4s

J
I
J

)

New consol. 7s, 1914

100

J A

7s

1

Louisiana—Old

108% 109%

J A

112%

70

7s, new bonds
7s, endorsed
7s, gold bonds
8s.’76,’86
Illinois—6s, coupon, 1877.

93
108

44
44
95
109

CITY SECURITIES.

funded, RR. “ B”.

Delaware—6s
Florida— Consol, sold 6s

43

JAJ

100
100
Washington—10-year 6s, ’78..Var. 90
Fund, loan (Cong.) 6s,g.,*92... ^ 100
Fund, loan (Leg.)6s, g., 1902.. £ x98
Certifs.of st’k (’28) 5s, at pleas. T 70
do
(’43) 6s,
do
& 90

69

44%

Vermont-

40

s

8s, Mont. A

66

43

115

Dist. Columbiii—(Continued).—
Perm. imp. 7s, 1891
Market stock bds, 7s, 92
Water stock bds, 7s, 1901
1903
do

1%
43%

Bid.

City Securities.

38

Var
.J A .1

106% 106 %
Texas109%
109% 109 %
78, gold, 1904
112% 112%
10s, 1884
111%

J
J
J
J
J
I
8
S
F
?

Ask.

—

6s, lion-fundable bonds
6s, consols, 1893

SECURITIES.

STATE

Bid.

State Securities.

UNITED STATES BONDS.
6s, 1881
reg..J A J 110% 110%
6s, 1881
coup.. J A J 114% 114%
Called Bonds
re#

discovered In those Quotations.

106
i

o

72
102
105

iio

Var. tj
110% 111
Var.t1110% 111

6s,
7s,
6s,
6s,
7s,
7s,
6s,
7s,
6s,

103
103
106
106
118
109
108

do
’77-95.. Q-F
119
dock bonds, 1901........ M AN
108
do
1905
MAN
102
floating debt stock,1878..Q—F 101%
118
market stock, 1894-97..M AN 116
soldiers aid fund, 1876..MANt 101

105
improvem’t stock, 1889. M A N 104
do
1879-90.M A N 115 117
gold, eons, bonds, 1901 .MANX 105% 106%
102% 105
j Os, street impr. stock, 1888.M A N 104 107
7s,
do
do
’79-82.M A N
114
113
1 6s, gold, new consol., 1896
107
106
7s,.Westchester Co,, 1891
Newton—6s, 1905
IAJ 112 112%

1
i

5s, 1906

JAJ
stk,’78-85. JAJ
1890-93
Var.

:
Norfolk,Va.—6s, reg.

8s, coup.,
8s, water, 1901

rrm,11/
Orange, N. J.—7s
Consol. 3-65s, 1924, coup
F AA 75%
'Oswego, N. Y.—7s
do
77 j
reg
Paterson, N. J.—7s, long
Perm. imp. 6s, guar., 1891..J A J TOO
;101
t Purchasers also pay accrued interest.

100
100
100
103
103
115
108
100
100
118
107

J. In London

MAN

t
...Var.

103
90
102
109
104
103

104

112
106
105

608

THE

CHRONICLE.

[June 30, 1&77
__

GENERAL QUOTATIONS OF STOCKS AND
For

Explanations Sec Notes

City Securities.

Petersburg, Va.—6s

Bid.
JAJ
JAJ

Ask.

at

Head of First

Railroad Bonds.

BONDS—Continued.
Page of Quotations.

Bid.

Ask.

Railroad Bonds.

95
105
105

Bid.

Ask.

Buff. Cony A P.—1 st M.,
8s
7s,’86. JAJ •A
Cin. Laf.ACh.—1st,
7s,g.,1901.MAS
60
Buff.N. Y.AErie—1st
M.,7s,’77. J AD ioi *2
8s, special tax
Consol, mort., 7s, g., 1914. .JA.l
do.
large bonds
JAD 103
104*2 Cin. Rich. A Chic.—1st, 7s, ’95 JAJ
Philadelphia, Pa.—5s, reg
JAJ *97
103
82
aa
do.
new bonds, 1916.. JAD
103
5s, old, reg
104*2 Cin.Rich. A F. W.—1st, 7s, g...JAD
JAJ 105*2 106
56
Buff.N.Y. A Phil.—1st,
60
6s,g.,’96. JAJ *100
Cin. Sand’ky A Cl.—6s, 1900. FAA *t 55
68, new, reg
JAJ 110% 111
Bur. C. R. A
65
38
*40
North.—1st, 7s’, g.MAN
Pittsburg, Pa.—Is, coup..1913. JAJ
7s, 1877
MAS
Mil. Div., 1st M.,7s,g. 1902.EAA
23
25
Consol, inert., 7«, 181)0
5s, reg/and coup., 1913
JAJ
82
85
.TAD
130
Pac. exten., 7s, g., 1909
31
JAJ
10
7s, water,reg.Acp.,’93-’98...AAO 106*2 106%
Cin. Wab. A Mich.—1st,
7s, ’91 .JAJ
Muse, exten., 7s, g., 1908.. .MAS
12
7s, street imp., reg. '83-86
Clev. Col. C. A I.—1st, 7s, ’99.MAN 108
Vai
90
96
Inc. and equip., 7s,
0
iio
lo
Port Huron, Mich.—10s
g., 1901. JAD
Consol, mort., 7s, 1914
1105
JAD $101
1st os....
102
JAI)
45
48
Belief. A Ind M., 7s 1899
Portland, Me.—6s, Municipal...Var tl07% 108% Bur. A Mo.
JAJ
80
R.—L’d M., 7s, 93. A AO 1109% 110
Railroad aid
Clev.AM. Val.—1st, 7s, g.,’93.FAA *90
Var tl04
105
Conv. 8s, various series
"95"
JAJ U10
111
S. F. 2d mort., 7s, 1876
Portsmouth, N. H.—6s, 1893, KR.. 1104 105
MAS
88
93
Bur.AMo.(Nel).)—1st M.,8h, 94.JAJ 1106*2 107
Clev. A Pitts.—4th M.,
Poughkeepsie, N. Y.—7s, water
109
6s, 1892.JAJ 106*2
8s, conv., 1883
JAJ 197
97*4
Providence, R.I.—5s,g.,1900-5. JAJ 1108 108 % Bur.A
Consol. S. F., 7s, 1900
MAN
112
Southw.—1st M., 8s,’95.MAN
15
18
6s, gold, 1900
Clev. Mt. V. A Del.—1st, 7s,
J & J
Cairo A 8t.L.—1st M.,7s, 1901. AAO
g.. JAJ 11
6s, 1885
Colorado Cent.—1 st, 8s, g., ’90 JAD *tioo
M A 8 110742 108
Cairo A Vine.—1st, 7s. g.,1909. AAO 128
32
Col Chic AI C—1st 7s 1908 AAO r. 21
Richmond, Va.—6s, old
JAJ
98
100
Califor. Pac.—1st M., 7s, g.,’89. JAJ
8s
85*o 90
2d mort., 7s, 1890
JAJ 116
118
FAA
2d M., 6s, g.,end C.
7
Pac., ’89.JAJ
75
Rochester, N.Y.—6s, ’76-1902. Var. 101 103
Chic. A Gt. Fast., 1st, 7s,’93-’95.
60
Exten., 7s
Cl
JAJ
50
7s, water. 1903....
Col.A Ind. C., 1st M.,7s, 1904.JAJ
J & J 110
75
Camden A Atl.—1st, 7s, g.,’93..JAJ 108
80
Sacramento, Cal.—City bonds, 6s
do
2d M 7s 1904 MAN *
g.29
2<1
65
mort., 7«, 1879
AAO
93
Sacramento Co. bonds, 6s..
100
Cam. A Bur. Co.—1 st M., 6s,’97. FAA 104
T. Logansp. A B.,
Saginaw, Mich.—8s
1100
7s, 1884..FAA
60
Canada So.—1st M., 7s, g.,1906.JAJ
40
Salem, Maes.—6s, long
47*2
Cin. A Chic. A. L., 1886-’90
AAO tll0*2 lllig Cape Cod—7s, 1881
St. Joseph, Mo.—178..T.
FAA 1105
106
Ind. Cent., 2d M., ’10s, 1882 JAJ
Var.
75
70
Carolina Cent.—1st, 6s,g., 1923. JAJ
162
30
35
Bridge 1 Os, 1891
Col. A Hock.V.—1st M., 7s, ’W.A&CF ioi
J A J
93
95
103
Carthage A Burl.—1st, 8s, ’79.MAN f 101*4 102
St. Louis, Mo.—6s
1st M., 7s, 1880
eur., lg. bds.Var. 110310
JAJ 100
Catawissa—1st M., 7s, 1882..FAA MOO
101
110
6s, short
2d M., 7s, 1892
Var. tioo
ioi
JAJ
90
New inert., 7s, 1900
FAA *104
Water 6s, gold, 1887-90...J A D
104*2 Col. Springf. A C.—1 st, 7s, 1901 .MAS
tl07*2
50
Cayuga Lake—1st, 7s, g., 1901 .JAD
60
do
do (new), 1892. A A 04107*2
Col. A Xenia—1st M., 7s,1890.MAS 103
Cedar F. A Min.—1st, 7s, 1907. JAJ
84
Bridge approach, 6s
Conn. A Passump.—M., 7 s, ’93. A AO
1107*2
Cedar R. A Mo.—1st, 7s, ’91... FAA i 100
t99% 100
Renewal, gold, 6s
100*2
Var, 1107 *2
Massawippi, g., 6s, gold, ’89 JAJ * 185
1st mort., 7s, 1916
90
MAN 1100
Sewer, 6s, gold, 1891 -’93
100*4 Conn. Riv.—S.F. 1st M.,6s,’78..MAS * 110 L
Var. 1107*2
Cent, of Ga.—1st, eons., 7s,’93.JAJ 100
103
St. L. Co.—Park, 6s, g.,1905. A A O
102% Conn. Val—1st M., 7s, 1901. ..JAJ
1107 *2
60
Cent, of Iowa—1st M., 7s, g
65
25
30
Conn. West.—1st M., 7s, 1900. JAJ
Currency, 7s. 18H7-’SS
Var. 1107io
27
Cent, of N.J.—1st M.,7s, 1890.FAA
31
St. Paul, Minn.—
109% 110% Connecting
6s, ’88-'90.. J A D
83
88
(Phila.)—1st, 6s ..MAS *103*2 104
7s, conv
MAN
7s, 1874-90
50*2 53
MAN
99
100
Cumberl.Val.—1st M.,8s,1904. A AO *100
Consol. M., 7s, 1899
8s, 1889-96
Q—J
56% 58
....Var. 102 %• 105
Danb’y A Norwalk—7s, ’80-92. .JAJ
Am. Dock A Imp. Co., 7s
S. Francisco—7s,
JAJ
41
{ Danv. Haz.A W.—1st,
g.,City A Co.. Var. g.106 107
! L.AW.Coal, cons.,7s,g’d, 1900Q-M
7s, ’88..AAO *20
25
21
22
Savannah, Ga-7s, old
Dan. Ur. Bl. A P.—1st,7s, g...AAO
Var.
50
55
30
Cent. Ohio—1st M., 6s, 1890..MAS 100
35
! 00 *4 i
7s, new
Var.
50
55
Davenp. A St.P.—1 st,7s,g. 1911AAO *55
Cent. Pac.(Cal.)—1st M., 6s,
g..JAJ 109% 110*4 Dayton A Mich.—1st
Springfield, Mass'.—6s, 1905..AAC till
112
M., 7s, ’81.JAJ
State Aid, 7s, g., 188 1
JAJ 109 '
i
78,1903..
2d mort,, 7s, 1887
A AO 1116
117
MAS
S. Joaquin, 1st M..6s, g.
1900. A AO
90
i '3d mort., 7s, 1888
Stockton, Cal.—8s
95
AAO
g.90
Cal. A Oregon, 1st, 6s, g., ’88.JAJ
Toledo, O.—7-30s, Kit., 1900.M A N 102
91
9178 Day t. A West.—1st M.,6s, 1905.JAJ
Cal. A Or. C.P.bouds, 6s,g.,’92
JAJ +95
97
8s, 1877-89
1st mort., 7s, 1905
...Var. 109
Ill
JAJ t
Land grant M., 6s, g., 1890.AAO
8s, water, 1893 A ’94
93*4
Var. 110
111
Delaware—Mort., 6s,g’<l, *95. .JAJ 103
West. Pacif., 1st, 6s, g., ’99. .JAJ
Washington, D.C.—Sec Diet, of Col.
103*2 Del.A Bound B’k—1st, 7s,1905FAA
97 % 98
Charl’te Col. A A.—1st, 7s, '90. JAJ
72
76
Wayno County, Mich.—7s
Del. Lack.A W— 2d
105
107
M.,7s,’81.MAS 106*2
Consol., 7s, 1895
JAJ
Wilmington, X.C.—6s, gold
FoilVortiblc 7s, 1862
60
80
JAD
Cheraw A Dari.—1st M.,8s,’S8.AAO
8s, gold
i’OO 103 iDenver Pac,—1st M. ,7s, g.,’99.MAN 100*4
80
90
55
2d mort., 7s
85
Worcester, Mass.—6s, 1892...AAO tllOli 110%
!Den. A Rio G.—1st, 7s, g.,l900.MAN
20
Chesa.A Ohio—1st, 6s, g., ’99.MAN
40
21*o
25
Yonkers, N. Y.—Water, 1903
109
111
1 Des M. A Ft. D.—1st, 6s, 1904. JAJ If
2d rnort.. 7s, g.,
JAJ
Detroit A Bay
Va. Cent., 1st M., 6s,
C.—lst,8s,1902vMAN *35' 40
ilk m3 Jl9
•
1880...JAJ
90
1st M., 8s, end. M. C., 1902/MAN *t65
do
3d M., 6s, 1884...JAJ
70
Ala. Cent.—1 st M., 8s,
75
Dot. Eel Riv. A Ill.—M., 8s, ’91..JAJ
20
g., 1901.. JAJ
30
20
do
4th M., 8s, 1876 .JAJ
30
80
Ala.&Cliatt.—1st, 8s,g..g’d,’99.JAJ
Det. Lans. A L. M.—1st, 8s, ’96. A AO
4
6
do
funding, 8s, 1877.JAJ
7s, receiver’s certificates
75
2d mort., 8s, 1893
FAA
Cheshire—6s, 1896
.TAr.T
Ala. &Temi. Riv.—1st, 7s
t97
97*2
6s, 1880
JAJ
t9S
Alb’y A Susq.—1st M., 7s, ’88..JAJ 110
98*2
+30
Chester Val.—1st M., 7s, i872.MAN
40
2d mortgage, 78. 1885
2d mort., 8s, 1875
AAO
94ie
MAN *30
Chic. A Alton—1st M 7s ’93 JAJ
40
3d mortgage, 7s, 1881
117io L2()L>
MAN
70
85
Stirling mort., 6s, g., 1903 .TA.T *105
Consol, rnort., 78. 1906
107
do
3d M 8s 1886 FAA
AAO)
30
Income, 7s, 1883
AAO 106
AUegh. Val.—Gen. M., 7 3-1 Os. .JAJ 106*2 107*2
Di^nn Poo A'II
IstM 8s.’89.JAJ 1101
Chic. B. A Q.—1st, S.F.,8s, ’83 JAJ 118
102*2
East, exten. M., 7s. 1910
118*2
AAO
85
90
do 7s, i 896......... J...'
JA J tl0758 1O770
Income, 7s, end., 1894
1st mort., 7s, 1894
AAO
46
44*2
JAJ 105
Consol, mort.,7s, 1903
AraeFn Cent.—1st M., 8s,’78..JAJ
JAJ 110
111% Dub. A Southw.—1 st
1101
101%
M.,7s, ’83. AAO
Bonds, 5s, 1895
Ark. Cent.—1st M., 8s,
JAD
90
t89
g., ’91. .JA,T
Dunk. A.V.A P.—lst,7s,g..l900JAD io'6
*2
4
103
5s, 1902
Ateh’nA Pikes P.—lst,6s,g.'95MAN
AAO
9O»0 93
Dutchess A Col.—1st,7s, 1908.JAJ
25
30
8
Chic. A Can. 80.- 1st, 7s, 1902.AAO
12
Atch’n & Neb.—1st M.,
19
16
East Penn.—1st M., 7s, 1888 ..MAS
8s, ’96.MAS
Chic. Clin.ADub.—1st, 8s, ’96. JAD
*102*2 105*2
Atch. Top. A S.F.—1 st,
25
7s, g.,’99. JA J 186*2 87
E.Tenn.Va. A Ga.—1st, 7s,1900. JAJ
92
94
(Chic. Dan. A V.—1st,7s,g, 1909. AAO
Land grant, 7s, g., 1902
45
50
E. Tenn. A Gil., 1st, 6s,’80-86.JAJ
'7 8
AAO
79
85
Ind. Div., 1stM., 7s, g., 1912.AAO
88
Consol, rnort., 7s, g., 1903..
4
7*2
E.Tenn.A Va.,end.,6s, 1886.MAN
.AAO
146i8 46*2 Chic. Dub.A Min.—1st, 8s, ’96. JAD
80
88
Innd income, 12s
25
JAJ 1100*2 101
Eastern, Mass.—7s, old
Var.
53
54
iChie. A Iowa—1st M., 8s, 1901.JAJ 1
Atl’ta A Kick'd A. L.—1st. 8s..
80
New M.,fund., 3*28, g.,1906.MAS
JAJ
50
55
Chic. Pa A Neb.—1st M., 7s,’88. JAJ 1102
t51% 52
Atl.A Gt.West.—1st,7s.
102*2
g. 1902. JAJ
21
Sterling, S. F., 6s, g., 1893..MAS 4:i9
IChie.AL. Huron—1st 7s, ’99..MAN
2d rnort., 7s, g., 1902
MAS
ElmiraA W’msporfc—1 st, 7s,’80. J A J 103
9
105
iChie.A Mich.L.Sh.—1st, 8s,’S9.MAS * to5
3d rnort.. 7s, g., 1902
05
MAN
4
5s, perpetual
:3
AAO *63
1st mort., 8s, 1890-’92
65
Leased L. rental, 7s,
Var.
10
s
Erie Railway—1st M., 7s, ’97.MAN 112
g., 1902.JAJ
137
40
Chic. Mil. A St. P.—P.D., 1st Ss.FAA
115
do
do 7s, g., 1903.JAJ
117*2 118
2d mort., 7s, 1879
tl5
20
MAS 105
P. D., 2d M., 7 3-lOs, 1898..FAA
West. ext. certifs, 8s, 1876..JAJ +
99
3d mort., 7s, 1883
MAS 105
St. P. A Chic., 7s, g., 1902... .JAJ
105*2
do
+
do
95*2
7s, guar. Erie
4tli mort., 7s, 1880
AAO 103
Mil. A St. P.. 2d M., 7s. 1884.AAO
104*2
Atl. A Gulf—Cons. M..
91
90
5tli mort., 7s, 1888
7s, ’97... JAJ
68
70
JAD 100*2 103
La. C., 1st 51., 7s, 1905
Consol. M., 7s, end. Sav
JAJ 103*2 104
30
50
Sterling, 6s, gold, 1875
MAS $72
I. A M., 1st 51., 7s, 1897
74
1st mortgage. 7s. end
JAJ
89
91*6
1st cons., 7s, gold, 1920
TAJ
65
80
JAJ +72
I’a. A Dak., 1st 51., 7s, 1899. JAJ
74
8. Ga. A Fla., 1st M. 7s.
91
2d cons., 7s, gold, 1894..... .JAD
1889.MAN
+34
Hast. A Dak., 1st 51.,7s, 1902. JAJ
36
At.Miss. AOliio.—Cons.,g.
88 ‘
1901 .AAO :25
30
Debentures, 7s, g., 1903 —Q—J :33
Chic. A 5Iil., 1st 51.. 7s, 1903.JAJ
35
Atlan.A Pac — L. gr., 6s,g.,’88.JAJ
101
Recon. trustees’ certs., 7s........
10
20
1st mort., consul., 7s,
36
$34
1st M., Cent. Div.,
1905..JAJ
86*2 so 34
6s,g.,’91 .MAN
15
20
Long Dock mort., 7s, 1893..JAD 109
Chic. A N.W.—S.F., 1st,
1st M., S. Pac., 1. gr. 6s.
7s,’85.FAA 110
g.,’88.JAJ
74
Erie A Pittsl).—1st M., 7s, ’82. JAJ 100
76
Interest mort., 7s. 1883
Atl. A St.
5IAN 106
Law.—St’g 2d, 6s ,g. AAO nw
100
; Cons, mort,, 7s, 1898
JAJ
SO
Consol, mort., 7s, 1915
86
Bald Eagle Val.—1st M.,
!
Q—F 106*2 10s
6s,’81.JAJ too
103
Equipment, 7s, 1890...
AAO
Exten. mort., 7s, 1885
80
Baltimore A Ohio—6s, 1880...JAJ 105
.FAA 103*2
106
Furop’n A N.Am.—1st, 6s, ’89. JAJ
1st mort., 7s, 1885
FAA 107*4 107*2
6s, 1885
Land gr., 6s, g
AAO 106*2 108
MAS
Consol., gold, 7s, op., 1902..JAD
Sterling, 68, 1895
84
84*4
MAS 4,106
Bangor A Pise. 6 A 7s, ’99... A AO
107
do
do
reg
86
Sterling rnort., 6s, g., 1902. .MAS *106
85
Evansv. A Crawf.—1st, 7s, ’87. JAJ i‘o‘6
107
Beloit A Mad., 1st 51., 7s,’88. JAJ
103*2
do
6s, g., 1910. MAN *106
107
Evansv.T.H.AChi.—1st, 7s, g.MAN ■k
70
Iowa Mid., 1st 51., 8s, 1900.AAO
95
Sterling debentures, ’76-80 MAN
Flint A Pere M.—1 st,l.g/8s,’88.MAN *78
Gal. A Chic, ext., 1st, 7s,’82.FAA
j
82
Balt. A Pot’c—1st, 6s. g., 1911 JAJ
109
109%
Cons. S. F., 8s, 1902
85
:83
MAN *30
35
Peninsula, 1st, conv., 7s,’98.MAS 103*o
1st, tunnel, 6s, g., g’d. 1911. AAO *84
j
Flint A Holly, 1st, 10s, ’88.MAN *50
80
Chic, A Mil., 1st 51., 7s, ’98..JAJ 109
i
Bellev.A S. Ill.—1st, S.F.8s,’96.AAO
BayC.A E. Sag.—1st, 10s„82.JAJ 100
92*2
Madison ext., 7s, g., 1911.. .AAO
Belvidere Del.—2d M., 6s,,’85.MAS
T|82% 82 io!
Hollv W. A M.—1st, 8s, 1901.JAJ
101
60
5Ienominee ext., 7s, g., 1911.JAD
3d mort., 6s, 1887
«TSl7s
FAA
9^Lt 99%
Flushing A N. S.—1st, 7, ’89. .MAN *70
La C. Ir.A P., 1st 51.,
85
Boston A Albany—7s,
10s,’78.AAO 100
2d mort., 7s
1892-5.FAA 1116*2 116%
..M&N
70
Northw. Un..lst, 7s, g.. 1915.5IA8
6s, 1895
*T[72 x2 72%
Cent. L. I., 1st, 7s, 1902.....MAS *70
JAJ 1107
107*** Chic. A Pad.--1st 51.,
80
Bost. Clint.A F.—1st
7s, 1903 .TA.T
67 j
*
M., 6s,’84. JAJ *1
85
85
jChie. Pek.A S.W.—1st, 8s. 1901 .FAA
1st M., 7s, 1889-90
90
Ft. W. Jack. AS.—1st. 8s, ’89..JAJ
JAJ *1
90
Chit*. R. I. A Pac.—1st,
52*2 55
N. Bedford KR., 7s.
7s, ’96 JAJ 111 % 11170 Ft W Mun
*
1894....JAJ *t
95
AC.—lst,7s,g.,’89.AAO
8. F., income. 6s, 1895/.
Bost. Cone. A Mon.-S. F.,
FAA 10530
6s,’S9. JAJ * 188
92
Fram’gliam A Lowell—1st, 7s, 1891 *170
75
6s, 1917, coup
Consol, mort., 7s, 1893
JAJ 10334
do
AAO
199*2 100
(notes), 8s, 1883
50
6s, 1917. reg
Bost. Hart.A E.—1st, 7s, 1900.
TAJ
Gal.Har. A S. A.—1 st,6s,g.l910.FAA
JAJ
10*2
80
85
1st mort., 7s. guar
Chie.AS.W.—lst,7s,g. g’d,’90.5IAN TTS1
Gal. Hons. AH.—1st, 7s, g.,1902.JAJ
...JAJ
9
11
75
80
1 1st 51., 7s, g., ’90, Atch. Br. JAD
Boston A Lowell—New
7s, ’92. A AO 1106%
Georgia RR.—7s, 1876-90
JAJ 106
Gin. A Indiana—1st 51.,
108
do 6s, 1879
7s,’92.JAD
90
93
Gilman Cl.ASp.—lst,7s,g.l900MAS
...AAOM TOO
2d mort.. 7s. 1882-87
+55
100*2!
65
New 6s, 1896
JAJ
65
Gr’n Bay A Min.—1st 7s,g.1900FAA *
JAJitlOO
100% Cin. A 5Iusk.Val.—1 st, 7s. 1901 .JAJ
Boston A

~75~

.

.

...

.

t

.

.

.

...

......

......

4

1902*1

Vr

.

......

.

......

......

-

-

.....

......

.

......

......

......

......

......

......

......

......

......

......

|

......

....

......

4-

ib*370

......

......

,

!

......

Maine—7s. 1893-94. JAJitlll

Bost. A N. Y. Air L.—1st 7s

Boston A

Provid’ee—7s,

95

1893. JAJ 1115

Bruns’k A Alb.—1 st,
end.,6s, g.A AO
Buff. Brad.A P.—Gen.

M.7s,’96.JAJ

111*4 iCin. A Springf.—1st, 7s, 1901.AAO
Cin. Ham. A D.—1st
51., 7s,’80.MAN

100
116

*
★

|
*

Price nominal; no late
traneactione.




2d mort., 7s, 1885
JAJ
Consol, mort., 7s, 1905
AAO
Cin. H. A I., 1st
M., 7s, 1903.JAJ

73
101

98*2

1Tke purchaser also pays accrued interest.

| Gr.Rap. A Ind.—1st, l.g., g’d, 7s, g.
1st M.,7s, l.g., gold,not guar. AAfr
Ex land grant, 1st 7s, ’99

idi*2i
101
100

58

+

Greenv. A

Col.—IstM.,7s, “guar.”

Bonds, guar
Hack’s’kAN.Y. E.—1st, 7s,’90. MAN

In London.

99

79
40

V In Amsterdam.

44
*15

83
50
90
46

30

June 30,

1877.]

THE OHRuNICLE,

GENERAL
For

QUOTATIONS OE STOCKS AND BONDS—Continued.

Explanations See Notes

Railroad Bonds.

Bid.

Ask.

Hannibal & Nap.—1st, 7s, ’88.M&N
V
30
Han. &8t. Jo.— Conv. 8s, 1885.M&S
S
80%
Land grants
1
A&O
\
Quincy & Pal., 1st. 8s, 1892.F&A
Kjuis. C. & Cam., 1st, 10s,’92. J&J
I
too
Harl.A Portchester—1st M,7s,.A&O 103
J
Harrisb. P. Mt. J.& L.—1st, 6s..J&J 105
I
IIartf.Prov.&F.—1st M.,7s,’76. J&J 1106%
J
Housatonic—1st M., 7s, 1885. Fife A 1105
V.
Gs, 1889
J&J 100
I
Houst. cfeTex. C.—1st, 7s, g.,’91. J&J
I
82
West. Div., 1st, 7s,
J
77
g., 1891..J&J
Waco & N. W., 1st, 7s,
I
77
g.,1903.J&J
Cons, mort., 8s, 1912
A&O
)
Hunt. & Br. Top—1st, 7s, ’90..A&O
)
2d mort., 7s, g., 1895
1
F&A "99
Cons. 3d M. 7s. 1895
)
25
A&O
Illinois Central—Gs, 1890
)
94
A&O
Sterling, 8. F., 5s, g., 1903.. A&O too
)

K.CTopeka&W—1st

Sterling, gen. M.,Gs, g., 1895. A&O J101
)
do

5s, 1905

+87
108%

)
J&D

HI. Grand Tr.—1st

)
M., 8s, ’90.A&0
Ind’polis Bl’m.& W.—1st, 7s, g.A&O
)
2d mort., 8s, 1890
J&J
r
Extens’i? 1st M., 7s, g., 1912.J&J
r
Ind’polis Ciu.&L. -1st, 7s,’97. F&A
3d mort.,7s, 1899
J&D
Ind’apolis & Gin., 1st, 7s,’88. A&O
Ind’polis & St. L.—1st,7s, 1919. Var.
2d mort., 7s, 1900
A&O
Iiul’apolis& Vin—1st, 7s,1908.F&A
2d mort., Gs, g., guar., 1900.M&N
Intern’l&Gt.No.—Iut. 1st, 7s. A&O
Houst. &Gt. No., 1st, 7s, g. .J&J
Conv. 8s, 1892
F&A

Ionia & Lansing—1st 8s,’89. ..J&J
I’a Falls & Sioux C.—1st, 7s,’99A&0
Ithaca & Athens.—1st m.,
7s,g.J&J
Jack. L. & Sag—1st, 8s, ’85....J&J
North Extern, 8s, 1890..... .M&N
Consol, mort., 8s, 1891
M&S
2d mort., 1878
Jamest. & Frankl.—1st, 7s, ’97.J&J
2d mort., 7s, 1894
J&D

Jefferson—Hawl’y

12

Br. 7s, ’87..J&J

1st mort., 7s, 1889
J&J
Jeff. Mad.&Ind.—1st, 7s,190G.A&0
2d mort., 7s, 1910
J&J

Ind’polis & Mad., lst,7s,’81.M&N

Joliet & Chic.—1st M., 8s, ’82. .J&J
J unction RR. (Phil.)—1st,Gs,’82 J&J
2d mort., Gs, 1900
A&O
Kalamazoo A1.& Gr. R.- 1st, 8s. J&J
Kal.& Schoolcraft—1st, 8s, ’87. J&J
Kal.&Wh.Pigeon—1st,7s, ’90.. J&J
Kans. C. St. Jo.& C.B.-Con., 8s.M&S
New cons, mort,, 8s, 1898...F&A
C. B. & St, Jos., 1 st
M.,7s,’80. J&J
St, Jo.& C. B., 1st M., 108, ’92. M&S
do
conv., 8s, 1874.J&D
Mo. Valley, 1st M., 7s, ’93..F&A
do
1st M., 7s, g., ’93.F&A
Kans. C. & S. Fe.—1st, 10S.90.M&N
M., 7s,g.,. J&J
Kansas Pac.—IstM., Gs,g.,’95.F&A
1st mort., Gs, g., 189G
J&D

:87

99
89
19
95
103

Maine Cent.—Mort. 7s, 1898..
Exten. bonds, Gs, g., 1900...

)
)
L

1

mort., 7s, 189G

J
I
1
r
r

mort., 8s, 1890

Scioto & Hock.Val., 1st, 7s.
Balt. Short L., 1st, 7s, 1900
Cin. & Balt., 1st, 7s, 1900..
[arietta P. & Clev.—1st, 7s, j
do
consoles

>

larq’tte Ho. & O.—1st, 8s,’92

92
103
89
110
15
2

L

Mar. & O., M., 8s, 1892

)

Houghton & O., 1st, 8s, ’91.

r

Mass.

70
20
95
70

Central—1st, 7s, 1893.

do

70
08
1100
72*«
100
112
1102
tlOl

1st, W.D.

60
50
75

40
45
90
72
15
96
75

45
55
95
75
22
100
80

51
10
55
51

53

Cons, mort., 7s,

Miss.&Tenn.—1st
Cons, mort., 8s, ]

100% M.Ouaeh.&Red R.- -lst,'
74%
101
.....

j
j

i

108
105

1

93
82

85

92%

7s, assented
Income, Gs
Han. & C. Mo., 1st 7:

1

GO

81

62*2

Tob.&Ohio—lst,ster.8s,g. ’83.ft

184%
78

certif., ster., Gs, 1883.. IV

2d mort., 8s, var..
March
Montclair & G. L.—1st 7s, (new)...
2d mort., 7s (old mort lsts)

50
85
83
G2
47

Mont.&Euf.—lst,end.8s,g.,’86M&S

Monticello&Pt. J.—1 st, 7s,g.’90Q—J
Morris & Essex—1 st, 7s, 1914. M&N
2d mort, 7s, 1891
F&A
Construction, 7s, 1889
F&A

05

55
37
37
20
5
75

Mob. & Mont.—1st, end. 8s, g.M&N

*

Ohio&Miss.—Cons. S. F. 7s,’98. J&J

05
40
40
30
10
80

|
|

8%
14

54

62

N. H. &N’tli’ton—IstM.,7s,’99.J&J
Conv. Gs, 1882
A&O
N. J. Midl’d—1st M., 7s, g.,’95.F&A
2d mort., 7s, 1881
F&A
N. J. Southern—1 st M., 7s, ’89.M&N

25

k

!

115% 118
104% 105

10134 102
112
112
108
108

•

114

108% N’burgh&N.Y.—1st M. 7s,1888.J&J

110

N. Lon.&North.—1st M.,Gs,’85.M&8
2d mort., 7s, 1892.
J&D

108%
107

107*2
1085? 109*4

N.O.Jack.&Gt.N.—IstM., 8s’8G. J&J
2d mort., 8s, 1890, certifs ..A&O
Cons. 7s, g., 1912
2d mort. debt

108

109%
106%

v

J&J
A&O

N.O.Mob.&Chatt.—1st,8s,1915. J&J

100
88
27
1
18
54

96
93% 96
tl5
20
100
20
23

N.Y.Bost.&M’nt.—lst,7s,g.,’89 F&A

G

ioi

Sup.& Miss.—1st, 7s, g.,1900. J&.T
Lawrence—1st mort., 7s,1895.F&A

35

2d mort., 7s, 1892

Newtown & FI., 7s, 1903 ...M&N
N. Y. & Rockawav, 7s, 1901.A&O

Smitlit’n & Pt. Jeff, 7s, 1901 .M&S

101

*

*75
......

Norf’k&Petersb.—IstM.,8s,’77. J&J

95
90
80

1st mort., 7s, 1877
J&J
2d mort., 8s, 1893
J&J
North Carolina—M., 8s, 1878.M&N

Logansp. Cr.& S.W.—1st, 8s, g.Q—F
G
Northeastern—1st M., 8s, ’99..M&S
Louis’a & Mo.R.—1st, 7s, 1900F&A
92
2d mort., 8s, 1899
M&S
Louisv..Cin.& Lex.—1st, 7s,’97 J&J 103% 104
Northern Cen.—2d M., Gs, 1885.J&J
2d mort., 8s, 1900
1G
A&O
20
3d mort., Gs, 1900..
A&O
Louisv. & N.—Louisv. L., M. S., Gs.. UOO
Con. mort., Gs, g., coup., 1900.J&J
100*4
Con. 1st

A&O
mort., 7s
92% 93 I
Gs, g., reg., 1900
A&O
2d mort., 7s, g., 1883
82
90
M&N
Mort. bonds., 5s. 1926
J&J
Louisville loan, Gs, ’8G-’S7..A&0 1100
100*4!
Con. mort, stg. Gs. g., 1904.. .J&J
Leb. Br. ext., 7s,’80-’85
tioo
100 *4 North Penn.—1st M., Gs, 1885. J&J'
j 2d mort., 7s, 189G
Leb. Br. Louisv. l’n, 6s, ’93..A&O
f99
M&N
Gen. mort.. 7s. 1903
J&J

1

*

Price nominal; no late transactions.




*85"

1 L'Z

80

100
83
102
100
90
95

j

So.&N.Ala.—1st,8s,g.,end.’90.. J&J

So.Cen.(N.Y.)—lst7s,’99,guar.F&A
So.

86

110
109
110

t The purchaser also pays accrued interest.

75
.

95
102
97
15
GO

55

67%
50
50
92

25
25
95
92
*18

ioi“
90
28

10*4"

90

100
88
92

:8o
90

•

109
108
108

50%

......

31iebovg’n& F-du-L.—lst,7s,’84J&D

Sterling mort., Gs, g
M&N
So. Carolina—1st M.,Gs,’82-’88.J&J
1st, sterl. mort., 5s,g.,’82-’88.J&J
Bonds, 7s, 1902, 2d mort
A&O
r-r;
Bonds, 7s, non. mort
A&O
Southern of L. I.—M., 7s, ’79..M&S
110
South Side, 1st, 7, 1887
M&S
do
S. F., 2d, 7s,1900.M&N
85
108
South Side, Va.—1st, 8s,’84-’90.J&J
2d mort., Gs, 1884-’90
101%
J&J
3d mort., Gs, 188G-’9(>
94%
J&J

t 84

102

78%

*
| SiouxC.&St.P— lstM.,8s,1901M&N
7*2 Sioux C. & Pac., lAt M., Gs, ’98.J&J t
1% Shore L.. Conn.—1st M.,7s,’80.M&S 102

102

103%

110

......

J&J

......

.

102%.
122

t78
1109

+

47*

...

ioo"

102

83
20

M&N

103*2 Seab’d&Roan’ke—lsfM.,7s,’31F&A
113*2 Sham.Val.& P.—1st, 7s, g.,1901 J&J

•

74

78
10

83

Chas.& Sav., guar., ’Gs, 1877.M&S

.

105*4

55
40

......

Savannah&Clias.—lstM.,7s,’89J&J

.

55
88
37
104
98
89100
107
50
92
95
40
58
55

Consol, mort., 7s, 1904
A&O
!
Wat.& R., 1st M., 7s, 1880..M&S
*90
Rutland—1st M., 8s, 1902....M&N
1
t06%
Equipment, 8s, 1880
..M&S *t48
147
M&N
Equipment, 7s, 1880
80
Sandusky M.&N.—1st. 7s,1902. J&J

10
♦89
91
120% 121
120
103

32
25

G5

85%

| Rkf’dR.I.&St.L.—1st 7s g, 1918F&A
1 Rome Wat’n & O.— S. F. ,7 s, 1891. J&D

O

120
120

107%
101%

14
25
10

Rich’d&Petersb’g—8s,’80-’8G. A&O

84

••

Long Island—1st M., 7s, 1890.M&S

A&O
Rich. Fred. & Potomac—Gs, 1875...
Mort, 7s. 1881-90
..J&J
New mort., 7s, 1915

78
*25

107
95
94

Rens.&S’toga—IstM.,7 s,1921.M&N

104
92

88

10*7%
108%

Reading & Columbia 7s

Rieh’d&Dan.—C.M.,Gs,’75-90.M&N

N.Y. & Can.—£ M., Gs, g., 1904.M&N
N.Y.C.& II.—M.,7s,coup.,1903. J&J
Mort., 7s, reg., 1903
T&.T
Leav. Law. & G.—1st, 10s, ’99. J&J
Subscription, Gs, 1883
M&N
South. Kans., 1st M., 8s, 1892
Sterling mort., Gs, g., 1903... J&J till
Lehigh & Lack.—IstM.,7s, ’97.F&A
N. Y. C., premium,Gs, 1883.M&N 103%
Lehigh Val.—1st M., Gs, 1898. J&D *100 107*4
do
Gs, 1887
J&D 103
2d mort., 7s, 1910
M&S *109% 110
do
real est., Gs, 1883..M&N 103
Gen. M., s. f., Gs, g., 1923... .J&D
89% 90
Hud. R., 2d M., 7s., 1885... .J&D 112 %
Delano Ld Co. bds, end.,7s,’92 J&.T
N.Y.&IIarlem—7s,coup.,1900.M&.N 118*4
Lewisb. & Spruce Cr.—1st, 7s.M&N
7s, reg., 1900
M&N 118*4
Lex’ton&St. L.—lst.Gs, g.,1900J&J
N.Y.&Os.Mid.—1st M.,7s,g, ’94.J&J
G%
Little Miami—IstM.,Gs,1883.M&N
94
”97“
2d mort., 7s, 1895
3i
M&N
L. Rock& Ft.S.—lst,l.gr.,7s ’95. J&J
t40
41
Receiver’s certifs. (labor)
27*o
L. Rock & Pine Bl.—1st, 7s, g.A&O
8
do
do
20
(other)
Little Schuylkill—1st, 7s, ’77. A&O 101
N.Y.Prov.&B’n—Gen. 7s, 1899. J&J

L.

:

Quincy&Wars’w—IstM., 8s,’90.J&J

Piedmont Br., 8s, 1888

N. O. Mob.&Te x.—1 stM., 8 s, 1915 J&J

94

'

25

85

73

do
do
not endorsed..
i Pueblo & Ark. V.—1st, 7s, g., 1903.

101
90
30

78
20

.

....

Shore & Mich. So.—
Mich. So., 2d mort., 7s, 1877.M&N
M. So.& N.I.,
S.F.,lst, 7s,’85.M&N
Cleve. & Tol., 1st M.,7s, ’85.. J&J
do
2d M., 7s, 188G.A&0
a. P. & Ash., 2d M., 7s, ’80..J&J
do
3d M., 7s, 1892.A&O
Buff & E., new bds, M.,7s,’98. A&O
Buff & State L., 7s, 1882
I&J
Det. Mon. & Tol., 1st, 7s, 190G...
Lake Shore Div. bonds
A&O
L. S.&M. S., cons.,
ep., 1st,7s. J&J
do cons., reg.,1
st,7s,1900.Q—J
do cons., cp., 2d,7s, 1903..J&D
do cons.,reg.,2d, 7s,1903.J&I)

”35“

125

Perkiomen—1st M., Gs, 1897..A&O
C. M., guar.,P.&.R., Gg., 1913.J&D 1 53
84
Petersburg—1st M., 8s, ’79-’98.J&J
2d mort., 8s, 1902
28
J&J
Phil. & Erie—1st M., Gs, 1881.A&0 102
2d mort., 7s, 1888
97
J&J
2d mort., guar., Gs, g., 1920. J&J
187
Phila. & Reading—Gs, 1880
J&JJ 104
104
1st mort., 7s, 1893
A&O1 10G
Debenture, 1893
J&J *39
Mort., 7s, coup., 1911
J&D
91%
Gold mort., Gs, 1911
J&D *90
New convertible, 7s, 1893...J&J
40
G. 8. f., $ & £, Gs, g., 1908
.J&J :56
Coal & I., guar. M., 7s, ’92.. M&S
52
Phil.Wil.&Balt.—Gs, ’84-1900.A&O 1105
Pitfs.C.&St.L.—lstM.,7s,1900.F&A
73*4
2d mort., 7s, 1913...
A&O
Pittsb.&Con’llsv.—lstM.7s,’98.J&J 101%
Sterling cons. M., Gs, g., guar.J&J tl01%
Pitt8.Ft.W.&C.—IstM.,7 s,1912. J&J 118
2d mort., 7s, 1912
J&J 113
3d mort., 7s, 1912
A&O 102%
Equipment, 8s, 1884
M&S 1100
Pitts. Titusv.& B.—New 7s,’9GF&A
49%

|
1st mort., 7s, g.,1899-M&N
44
v2
i
Land 1st mort., 7s, g., 1880.. J&J
GO
1
Bonds, 1900
J&J
Land 2d mort, 7s, g., 188G. .M&S
8
20
General mort., 7s
96
97
A&O
|
Leav. Branch, 7s, 1896.....M&N
30
35
Consol, mort., 7s, 1915
80
J&D
i
Income bds,No. 11,7s, 1916.M&S
1%
Nasli.Chat.&St.L.—1st,7s,1913 J&J
9134
do
No. 18,7s, 191G.M&S
1%
Nasliv.& Decat’r.—lst,7s,1900. J&J
1 Port Hur.&L.M.—lst,7s,g.,’99 M&N
91%
Keokuk& Des M.—1st,7s,1904. A&O
71
7G
Nashua & Low.—Gs, g., 1893.F&A 1102% 103% Portl’nd&Ogb’g—lstGs,g.,1900.f&J
Funded interest, 8s, 1884.. .A&O
80
90
Newark & N. Y.—1st, 7s, 1887. J&J
Vt. div., 1st M., Gs, g.,1891..M&N
Keokuk & St. P.—1st, 8s,’79. .A&O 101
101% New’k S’set&S.—1st, 7s, g.,’89.M&N
80
90 ' Port 1. &Rock.—1 stM. ,7s.1887. A & O
Laf. B1.& Miss.—1st, 7s, g.,’91.F&A
53
G2
88
91
N.Haven&Derby, 1st M., 7s,’98.Vai
! Port Royal— 1st 7s, g.,end.’89.M&N

Laf.Munc.&Bl.—lst,7s,g.l901F&A
Lake

85

Cons, mort., 7s, ’98

General mort, Gs, coup.,1910 Q—J 108
do
Gs, reg., 1910. A&O 100%
Cons, mort., Gs, reg., 1905..Q—M
93%
do
Gs, coup., 1905..J&D *93
Navy Yard, Gs, reg., 1881
I&J *100
Penn.&N.Y.—lst.7s,’9G&190G.J&L 107
Peoria & Hannibal—1st, 8s, 1878.
100%
Peoria Pekin & J.—1st, 7s, ’94. J&J *
Peoria&R’k I.—1 st,7s,g.,1900.F&A
30

53%
16*4!

mo

1 Mo. F. Scott & G.—1st.

Ex.

M&S

PekiuL.&Dec.—lstM.,7s,1900.F&A
Pennsylvania—1st M., Gs, ’80..J&J 100%

95%

j

193
t93
82

S. F., 8s. 1890

Paris&Dec’t’r—IstM.,7s,g.,’92. J&J

*t45
'tGO

do

j
|

Ogd’nsb’g&L.Ch.—Eq.Ss,’78-’9.J&J

90
13
107
95
95

Norw’h&Worc’r—1st M., Gs.’97. J&J HOG

Pat’son&New’k—1st M.,7s, ’78.J&J

85
*150

73
73

11

*:...J&J
82% 85
2d mort., 7s, 1911
27
too.
33
A&O
1st Springf. Div.,6s. 1895..M&N
t94
t91
92% Oil Creek—1st M., 7s, 1882...A&O *82* * 8*6 *
Old Colony—7s, 1877
t
F&A 1100*4 100%
102
Gs, 1895
J&I) 1102*4 102%
102
7s, 1895 .1
M&S till
Tioo
111%
41
44
75
Omaha&N.W.—1st, 1. g., 7.3, g. J&J
Omaha &S.W.—IstM.,8s,189G. J&D
14*4 18
95
98
90% 100
80
90
Orange&Alex’a— lstM.,Gs,’73.M&N
2d mort., Gs, 1875
*98
GO
100%
75J&J
3d mort., 8s, 1873
100
98
57
M&N
4tli mort., 8s, 1880
20
30
M&S
Or. Alex.& M., IstM., 7s. ’82.J&J
70
75
30
*20
27
Oregon & Cal. 1st M. 7s, 1890. A&O ;25
80
90
95
Osw.&Rome—IstM., 7s, 1915.M&N
Osw.' & Syracuse—1st, 7s, ’80.M&N
*30
100
*20
Ott. Osw. & Fox R.-M., 8s, ’90.J&J 1109
HO
85
87% Pacific of Mo.—IstM.,Os,g.,’88.F&A 101
102
2d mort., 7s, 1891
GG
08
I
J&J
91% 92
35
27
Car. B., 1st mort., Gs, g. ’93..A&O
I
72
112
112%'
Income, 7s
M&S
Paducah & M.—1st, 7s,g.,1902.F&A
101% 102
20
t82
87
Panama—Sterl’gM., 7s, g. ’97.A&O }99 101
Paris & Danville—1st M., 7s .1903.
G5
*160

92% Mich. L. Shore- 1st M., 8s, ’:
91% Mid. Pac—1st M., 7s, g., ’99.
51
Mil. & North.—1st, 8s, 1901.
100
Miss. Ceil.—1st M.. 7s, ’74-8<

k

1900. J&J

g.,

103%

....

Mem.
Mich.

GG
G5
33
80
88
102

Ask

84

N’th.Pacitic—1st,7.3s,

88
89
92*o
91
95

t88
too

]

2d
3d

Bid.

North Missouri—1st M., 7s,’95.J&J
Northern Cent’l Mich.—1st, 7s
Northern, N.J.—1st M.,7s, ’78. J&J

fl01% 102%
t80

r

Portl’d & Ken., 1st, Gs,
do
Cons. M., Gs

110
103
35

90
100

)

107*4
8G
82
82

1118

)

80

too
too
tr#o
97

L. gr.,

'

*97

1
3
I
1
I

Railroad Bonds.

N.—(Continued.)-

L. Paducah & S.W.—8s, 1890..
Macon & Aug.—2d, end.,7s,’71
Macon & Brunsw.—1st, end.,7s

95
107
107

Ask.

)

45

t84

Page of Quotations.

Bid.

80%

......

30
75
GO
GO
GO
30
*75

at Head of First

Railroad Bonds.

Louisv. &

*00
15
92

.

609

Minnes’ta—IstM.,8s,’78-88.J&J
So.Pac., Cal.—IstM., Gs.g.,1905. J&J
Southwestern (Ga.)—Conv.,7s, 188G
Muscogee R.R.,7s
Var.

I In Loudon.

H In Amsterdam.

33
80
97
70

90
05
82
61
42
96
GO
90
90
90

•

•

m

tt

a.

100
65
oa
95.
95.

tnL.

QUOTATIONS OF STOCKS

GENERAL

Railroad Bonds.

Bid.

*87
10
4

89
14
5
112
90

St.Jo.AD.C.,E.D.—lst,8s,g.,’99r
W. D., 1st niort., 8s, 1900.. J

Bfc.L.Alt.AT.H.—1st M., 7s, ’94.Var.
2d mort., 7s, 1894

10034
Cons, mort., 7s, g.,

St, L.& S.E.—Con.

1914

M.,7s, g.,’94MAN

3

*35
105
“98
*70

....

JAJ

Sunbury&Erie—1st M., 7s,’77.2

Susp.B.AErieJunc.—1st M.,7s..

100
100

Cheshire, pref
Chicago A Alton

100
100

52%!

70

103
62

do

2d, 7s, ’98...MAI

,

: Cumberland
i
do

95

50

Pref

!

108

Cam. & Amb., Gs, 1888
F&A 103%! 106
i Dubuque A Sioux City
101
*100
do
Gs, 1889
ios% 1|East Pennsylvania, leased
do
mort., Gs, ’89.MAN 108
East Tennessee Virginia A
N. J. R. & T. Co., Gs, 1878...FAA
UniouPac.—1st M.,6s,g.’96-’99.JAJ 108% 108
103
Eastern in N. II
Laud Grant, 7s, 1889
A AO 1

3J;

MAS 1 95%
1894
j. *96
Om. Bridge, sterl. 8s, g., ’96J
70
Utah Cen.—1st M., Gs, g.,1890.JAJ
*97
Utica A Bl’k R.—1st M., 7s, ’78.JAJ
Sink. F., 8s, g.,

Mort., 7s, 1891
JAJ
Utica Itli.A El.—1st,7s,g.,1902.JAJ
Verm’t A Can.—New M., 8s

50

3%..50

do
Pref., guar.,
Delaware
! Delaware A Bound Brook
1 Delaware Lack. A Western

1*0*8

ilOG

50

Valley

ibury A Norwalk
Dayton A Michigan, guar.,

75

itiob

100
100

Connecticut A Passuinpsic
: Connecticut River..

Ga

i

*98

!

100

35

§5

12

’

84%

53%

Special, 7.100

do

......

6%

§5%

72

70%
3%

3^8
100

80
3%
50
80

91
5

,

88%
25%

do
94
100
Scrip.
92
St. Louis Alton A Terre Haute. 100
68
65
117
do
-do
Pref. 100
115
Belleville A So. Ill., pref
100
42% 43%
120% St. Louis Iron M’11 A Southern. 100
xl20
St. Louis Kansas C. A North...100
*50
do
do
pref., 10.100
*50
70
Sandusky Mansfield AN
50
GO
Schuylkill Valley,leased, 5..—50
37
Seaboard A Roanoke
—100
90
do
guar
100

30

1
5
45

-

55
5
14

33%
41

100

§30

50

Ga. 100

Syracuse, Bingh’ton A

***3%

100

§22
§40

5%

100
100

Pref., 7.

do

Shamokin Val. A P., leased, G...50
33% Shore Line (Conn.), leased, 8...100
South Carolina
..100
Southwestern, Ga., guar., 7
100
40

*"85"
85

112* 1*1*5 *

100 $10

N. Y

...50
3% Summit Branch, Pa
100
Terre Haute A Indianapolis
Toledo Peoria A Warsaw
..100
24
do
do
1st pref. 100
41
do
do
2d pref. .100
5%

100

Trov A Boston
70

60

50

90
100

*

United N. Jersey RR. A C. Co.. 100
Union Pacific
100
Fitchburg
..100 x 104)4 104% Vermont A Canada, leased
100
82
78
36
;iGeorgia Railroad A Bank’g Co. 100
Vermont A Mass.', leased, 5
100
Grand River Valley, guar., 5.. 100
*1*0* 4% ! Hannibal A St. Joseph
100 *1*4% 14% Wabash Pur. Com. receipts
’

5%

5%

12
95

90
1
1
1

7

12G
65

63%
20
106

1

Mississqnoi, 7s, 1891
1AJ *20
Verm’t A Mass.—1st M., Gs, ’83. JAJ U04

61%

.

.

Pref., 7..50

do

j

8.50
50
100
50

|

90

91

§61%

,

65

|

§9*6%

49% Portland SacoA Portsm.,l’sed G 100
Portsm’th Gt. Falls A Conway. 100
19
>£*
Providence A Worcester
100
44%
Rensselaer A Saratoga
.100
92
Richmond A Danville.^
100
25
....100
1% Richmond Fred. A P
§1%
do
do
‘guar. G
100
30
§x25
do
do
guar. 7—100
22
Richmond A Petersburg
100
76
70
74% Rome Watertown A Ogdensb. .100
74
100
1% Rutland
1%
do
Pref., 7
100
100
90

8

35
74

30%

Quincy A Tol., 1st, 7s, ’90..MAI
Ill. & S. Ia.. 1st, 7s, ’82
FA.

18%

iColumbus A Hocking Valley....50
1 Columbus A Xenia, guar., 8
50

*64

11%

49*%

!

3.03
G2 %
4

Pliila. A Trenton, leased, 10...
Phila. Germ’ll A Nor., l’sed, 12
Pliila. Wilmington A Balt..

§11%

50
100
.50
.50
50

100

jClev. Col. Cin. A Indianapolis..100

do

Pref., 7....

Pittsburgh Cincinnati A St. L.
Pittsb. A Connellsville, leased. .50
.50
96% 97% Pittsburg Titusville A Buffalo.
Pittsb. Ft. W. A Chic, guar., 7.100
117
115
79%

29»8

$7%

50

Pref., 8

do

100

95

50

Philadelphia A Reading

33
81

30

20
ICin. Sandusky A Cleveland
50
do
Pref., G.50
87 j
86
29
Clev. A Mahoning Val.. leased.. .50
50
39
i! Clev. A Pittsburgh, guar., 7
28 ■ !; Col. Chic. A Indiana Central... 100

J

.

50

Chicago A North Western
100
do
Pref., 7.100
Chicago A Rock Island
100

105

95

100
50

Pref

do

7
24
38

30

Pref., 7.100

do

Texas A Bac.—11

Consol, mort., I
Tol.Can. S.AD’t.T0I.P.& W.—1st!
1st mort., W. I

50

......

48

Petersburg

100
100

Philadelphia A Erie

Central Ohio
do
Pref
Central Pacific.
Charlotte Col. A Aug

......

.50
50

$29%

do

66
102

G%
22%

do
Pref., 7
100
1123%
Chicago Burlington A Quincy.. 100
11
87% Chicago Iowa A Nebraska
100
tS5
101% 103
Chicago Milwaukee A St. Paul. 100

JAJ

Summit Br.—1st, 7s, 1908

100
100

Pennsylvania Railroad
Pennsylvania Company.

35
28

G5
97

100

do
Pref., 7
Central of Georgia

«f

St. Vincent A B.. 7s

New, pref

Cedar Rapids A Mo

101
75

*145
If 2 4

Old, pref

do
do

57
40
57
37
5
40

54
30
54
34

sec.

§5
50
50 §30
50 §23

5%

91%

90%

Oswego A Syracuse, guar.,
Pacific of Missouri
6% Panama.'

15
26

50

....50

18
75
3

2*2

100
9.. . .50

Old Colony

37
20
29

35%

100

Pref

17%
x 73%

100

Pref

do.

Ask.

122

61% Ogdensburgli A Lake Champ... 100
Pref., 8... 100
do
90% 90 34
100
119% 120% Ohio A Mississippi
GO

500
100
100
100

Catawissa

.

Evansv. H. AN.,
St.L. Jacks’v. A C.St.L. Vand. AT. H.do
2d, 1

*

do

44

40

Northern Pacific, new pref
100
Norwich AWorcester, leased, 10.100

G...100

Burlington A Mo., in Neb
Camden A Atlantic

ioi

Bid.

Railroad Stocks.

100

Bost. Con. A Montreal
do
Pref.,
Boston A Lowell...
Boston A Maine
Boston A Providenco
68% Buff. N. Y. A Erie, leased

87
68

of Quotations.

Ask.

Bid.

Railroad Stocks.

Ask.

Steubenv.AIud.—lstM.,Gs,’84.Var.

AND BONDS—Continued.

Head, of First Page

Explanations See Notes at

For

2d

[June 30, 1577

fHE CHRONICLE.

610

106%

1

90

Warren (N. J.), leased, 7
27% 28
do
Pref., 7.. 100
60
107
|l
1106
JAJ |t 106
Westchester A Pliila., pref
.50 §58*
34
109%!' Harrisburg P. Mt. J. A L., guar.,7.50 §52% 57
JAJ i 1109
West Jersey.
50 §30
5
10
100 100
Housatonie
-7
Vermont Ceil.—1st M., 7s. 'S6.MAN
West. Maryland
:
3
70
1
do
Pref., 8
100
65
j
2d mort., 7s, 1891
JAD
12
Wilmingt’n A Weldon, leas’d, 7.100
5
50
40 !
30
StanstcadS. A 0., 7s, 1887..JAJ
11
3
Worcester A Nashua
100 ■15
f 1
§1
Viok.AMer.—lstM.,end.,7s,’90..I AJ
6
J1
§4
do
do
Pref... 50
2d mort, end., 7s, 1890
JAJ
CANAL BONDS.
.100 51% 51%
80
*75
79% 80% 1 Illinois Central
VirginiaATenn.—M., Gs, 18S4..JAJ
Chosap. A Del.—1st, Gs, 1886., JAJ
65
61
50
ianap’s Cin. A Lafayette
79% 80% j
4til mort., 8s. 1900
JAJ
Chesapeake A Ohio—Gs,1870 Q.—J
i
100
IJetPv. Mad. A Ind’p’s, l’sed. 7..100
Warren (N.J.)— 2d M., 7s, 1900.
Delaware Division—Gs, 1878..JAJ
90
si j! Joliet A Chicago, guar., 7
*9*1 *
79
100
Warren A Fr ’ k 1 n—1 s t M. ,7s ,’9 6. F A A
Del. A Hudson—7s, 1891 ......JAJ
93
112
j Kalamazoo A. A Gr.R., guar., (>.100
WestcliTA Phil.—Cons.,7s,’91. AAO 109
7s, 1884
JAJ 91
97
9G
' Kansas City St. Jos. A Conn. B.100
94
94
West’ll Ala.—1st M., 8s, ’88...AAO
4
7s, 1877
JAJ
2
97
96
Kansas Pacific
*
100
94
2d mort., 8s, guar., ’90
AAO
Coupon 7s. 1894
AAO 86% 87
Keokuk A Des Moines, pref
100
Montg. A West PL, 1st, 8s...JAJ
Registered 7s, 1894.
AAO
i Lake Shore A Mich. So
112
100 47% 47% Jas. Riv. A Kan.—1st M., 6s..MAN 40
West. Md.—End., 1st, Gs, 90...JAJ 110
103
18
Lawrence (Pa.), leased, 10
101
50
1st mort., Gs, 1890
JAJ
2d mort., Gs
MAN 100 103
Leavenworth Law. A Galv
100
End., 2d mort., Gs, 1890
JAJ 110 112
30% Lehigh Nav.—Gs, reg., 1884...Q—J 100% 101
30
80
75
Lehigh Valley
.'...
50
2d mort., prof., Gs, 1895
JAJ
Railroad Gs, reg., 1897
Q—F
5
50
Little Rock A Fort Smith
100
2d, end. Wash. Co.. Gs, 1890. JAJ 104% 110
Debenture Gs, reg., 1877
JAD
90
112
Little Miami, leased, 8..
50
110
3d, end., Gs, 1900
JAJ
Convertible Gs, reg,, 1882.. .JAD
94
Little Schuylkill, leased, 7.. ....50 §36
82
West’nPenn.—1st M., Gs, ’93.. A AO *75
do
Gs, g., reg., 1894.MAS
40
82
86% 90
Long Island
50
Pitts. Br., 1st M„ Gs, ’9G
JAJ *75
6s, gold, coup. A reg., 1897..JAD
85
Louisville Cincinnati A Lex
50
70
West. Union RR.—lstM.,7s',’9GFAA
mort., 7s, 1911
JAD 103 104
Consol,
Q ~
do
Pref., 9.100
O')
Louisv. A Portl.—3d mort., Gs
104
100 28% 29
104
103
*1*0*5%' Louisville A Nashville
1st mort., Gs, 189G
JAJ
4tli mort., Gs
103%
103
‘TOO
ij Lykens Valley, leased, 10
100
AAO 102
Consol, mort., 7s, 1890
Morris—Boat loan, reg., 1885.AAO
Conv. 7s, 1879
do
7s, 1885

W.

*

Wisconsin—lstM.,7s,g.,’87..JAJ

.

WichitaAS. W..-l8t,7s,g.,guar.,1902 *150
Wil.A Weldon—S. F., 7s, g., ’90. JAJ 103

30
Wil.Col.AAug.—lstM.,7s, 1900. JAD
65
WiuonaASt.Pet.—lstM.,7s,’87. JAJ
62
2d mort., 7s, 1907
MAN
Ex., 1. g., mort., 7s,g., 1910.. JAD 1174%
35
Wisconsin Cent.—1st, 7s, 1901.JAJ
Worc’r A Nashua—7s, ’93-’95.. Var. 1105
190
Nash. A Roeli., guar., Gs, ’94.AAO

A Augusta.
ji1 Macon Central
Maine

50
55
107
33
80

1

Marietta A Cin., 1st pref
do
2d pref
Balt. Short Line, guar., 8
|
Cincinnati A Balt., guar., 8
|

1

75
40

Allegheny Valley
Atchison Topeka AS. Fe
Atlanta A West Pt
Atlantic A Gulf
do

7...100
50

Guar.,7

100
100
100

107

92

Augusta A Savannah, leased. ..100
100
Baltimore A Ohio
Pref.,0

Washington Branch
Parkersburg Branch
Berkshire, leased, 7
Boston A Albany
Bost. Clint. Fitchb.




New Haven

100

100
100
100
ICO

i! N.
_

9*9%

103
97

1

4

tions.
transactions.

10

2

5534

93*
45
25

1
1

do

89ig Lehigh Navigation

'

Pennsylvania-.

them

|;
]1

j The p
I The purchaser

Central

Delaware A Hudson
Delaware Division, leased,
James River A Kanawha

pref

100
..100

50
50

149
130
40
12 %

150
41
14
65

Monongaliela Navigation
Morris, guar., 4
do
pref., guar. 10

Pennsylvania
Schuylkill Navigation
do

Susquehanna

also pays accrued interest, f In London.

do

pref

50

100
8

86%
50
50

*5*6*
55
30

65
50
50
G
90
53
52

52 V
62
40

.MAN

Par.

CANA Li STOCKS.
Chesapeake A Delaware

95

r. N. Haven A Hartford
York Providence A Bos.

• North

1895

Union—1st mort., Gs, 1883..

89*4

100

J8

137% 140

114% 114:% i

1

45
5

JAJ
JAJ
Gs, improvement, cp., 1880.MAN
Gs, boat and car, 1913
MAN
7s, boat and car, 1915
MAN
Susquehanna—Gs, coup., 1918.JAJ
7s, coup., 1902
JAJ
1907
Mortgage Gs, coup.,

50
*40
30
2

2d mort., Gs,

90

'

82

$44

6

39%

leased, 8.. 100

1

3%
78

1st, 10s, brown
Consol., 7 3-10s

“2*8** *35* Schuylkill Nav.—1st, 6s,1897.Q—M

100

90

_

mortgage

100

A Northampton

London Northern,

New

Pennsylvania—Gs, coup., 1910.JAJ
Portage L. AL.S. Ship—1st, 10s, gre’n

15

P New Jersey Southern RR.
99

+97

25
123
12

15
121

50

Nesquelioning Valley, leased, 10*.50

A New Bed.100

*Price nominal; no late

12

100

100
Atlantic A Pacific, prof
Atl. A St. Lawrence, leased, £..100
do

60

*10%

.100
100
50

Memphis A Charleston
25
Michigan Central
100 39%
| Mine Hill A S. Haven, leased — 50 §44
3
Missouri Kansas A Texas
100
Mobile A Ohio
100
55%
1 Morris A Essex, guar., 7
50
| Nashville. Chat. A St. Louis
25
Nashua A Lowell
100 “9*6"
100 128
!. Naugatuck
90
Newcastle A B. Val.,leased, 10..50

RAILROAD STOCKS. Par.

Albany A Susqueh., Guar.,

1 Manchester A Lawrence

§20
30

50 $
100

50 §18%
50 *47
100 119
100
50
t2
50
50

30%

18%

55
125

§7

50

IT In Amsterdam. § Quotation per share.

8
5
8
3

June

QUOTATIONS OF STOCKS AND BONDS—Continued.

GENERAL
For

Bid.

& Miscellaneous.

Ask.

N.E

90
90

*1024
101

94
94
105
102

Consol. Coal—
75

CuinbeiTd Coal & I.—
101
97
104

99
94
102

1st M., Gs, ’79... JAJ
2d M., Gs, 1879. FAA

Equit. Tr.,real est. ni..0
Ill. A St. L. Bridge—
1st, 7s, g.. 1900. A AO
2d M.,7s,g.,1901 JAJ
3d, 7s, g., 1886. MAS
Tun’l RR.,lst,£,9s,g.
Mariposa Gold L. AM.—
Cons. M., 7s, ’86.JAJ

95
GO

193

155

JOS*
.

8s,’87FAA
8s,'92F&A
Stlg, 7s,g.,1885 AAO
Debent’e,7s,’78 AAO
St.Charles Bridge—10s
U. 8.M’g. Gs, g. <£. JAD
Cs, g., $

.

95
95

'

991*2

10*6*
90
93

.

(Ma.ss)100;xl 19

Franklin (Me.)

10

191*2
314
1%
21*2

204
3:%
'

178
3l*>

15

25c.

Cary Impr’m’t(Bost.)5
Cent. N.J. L’dlmp.100

G?anitev.Cot.(S.C.)100

Holyoke W. Power. 100
Jackson (N. II.)..

Mach.Shop.500

Penn. Salt Mfg. Co..50
Pepperell (Me.)
500
Portland Co. (Me.) 100

58

§64

750

965
205
81
131
1050
41
410
600

4514

4512 Buck Mount’u Coal.50
Butler Coal
25

43
83

*88'

135
108

125
104

People’s G.L.of Balt.25 xl24

Leopard

Savage GoldA Silv.100

157
535
105
200
1900
70
760

Seaton consol

Locust Mt. Coal

160

100

17
175
40
850
135
800
20
72
15
68
1375

BANK

STOCKS.

Baltimore

•

Bank of Baltimore 100
Bank of Commerce.25
...25
Chesapeake
...10
Citizens’
Com. A Farmers’ ..100
Farmers’ B’k of Md.30
Farmers’ A Mercli. .40

.

.

75

14

Coal...'.100

Atlantic
Atlas
Blackstone
Blue Hill
Boston Nat

115
31

1*3*4
21

.100
.100
.100
.100

Boylston

214

Quicksilver Min’g.100
do
pref

.100
.100
.100
.100
.100
.100
.300
.100
.100
.100
.100
.100
.100
.3 00
.100
.100
.100
.100
.100
100
100
3 00
100
100
100
250
100

141s Broadway
Bunker Hill
Central

St. Nicholas Coal ...10
S. Raph’l Sil.,Mob-100
Shamokin Coal
25

15

City
.Columbian
Commerce

30

Spring Mount. Coal.50

-

Commonwealth..
Continental
‘.

Westmoreland Coal.50
Wilkesb. Coal A I.. 100

'Eagle
BOSTON

(Eleventh Ward...
Eliot

MINING

Exchange

STOCKS.

Everett

Allouez
50
Calumet A Heela.. .25 xl69
38
Central
25
t3
Copper Falls....
50
Dana
Dawson Silver
Duncan Silver

25
20
20

Franklin
25
25
Humboldt
International Silver20
Madison
25
Mesnard
25
Minnesota
25
15
National
Osceola
25
Petlierick
25
Pewabic
25
Phenix
50

10

Quincy

Superior.

transactions.

25

25
..25

25

’

10c.
14
7
15c.
25c.
30e.
50c.
1

4
20

1*2

334
2

Commercial

Faneuil Hall
First National
First Ward
34 Fourth National.

6
170
40

20e.
15c.
2
9
20c.
30c.

Freemans’
Globe
Hamilton
Hide A Leather
Howard

..

Manufacturers’..
Market

Massachusetts
Maverick
Mechanics’ (So. B.) 100
100
21
Merchandise
100
10c. Merchants’
7oc.

...

2
1

2
14
35

Metropolitan

Monument
Mt. Vernon
27b New England
50c. North
50c. North America...
15c. Old Bost on

t The purchaser also pays

accrued interest.

3 00
100
100
100
100
100

*

Long Island

1184
1154
1044 1044
1141*2 115
11412 115
100
105
140

101

l654
141

964

96

19*0

90

Manufacturers’
Mechanics’

165
150

Nassau

95
230
75
100
95
170
170

Brooklyn Trust...
6%

Id

13

Charleston.

414
1738

B’k of Chas.(NBA) 100
First Nat. Chas.. .100

63

People’s National. 100
People’s of S.C.(new)2o
S. C. Loan A Tr. Co. 10()
Union Bank of S. C.5o

G5
127
116
10
G3

42

14

Chicago.
75
Central National.. 100
Commercial Nat... 100 150
Corn Exch. Nat.. .100 275
Fifth National ....100 165
First National
160 176
German National. 100 125
98
Hide and Leather...
Home National ...100
Merchants’ Nat.. .100 280
Nat. B’k of Illinois.100 108
Northwestern Nat. 100
100 108
1294 1304 Third National
Union National.... 100 120
12
11
32
Un.Stock Y’dsNat.100 150
28
114 12
106
103
Cincinnati.
33
26
42
40
First National
36
35
125
Fourth National
134
125
German Banking Co..
10
9
Merchants’ National.. i‘l’6*
108
104
Nat. Bank Commerce. 100
84
8
116
Second National
324 Third National
32
104 10:4
119
117
Cleveland.
108
106
25
150
99
624 63
35
34

20
140
95

Boston.

1
8

New (’reek Coal.... 10
N.Y. A Middle Coal.25
Ontario Silver

Star

1044 105

120

50

Pennsylvania Coal.50
Pilot Knob I. (St.L)lOO

25

Second National .100
Third National.. .100
...75
! Western
...20

15

Marip’sa L.AM.CallOO
pref. 1001

Ridge
Rockland

50

First Nat. of Balt .100
12io
Franklin
German American....
....1
Howard
...30
Marine
...10
Mechanics*
.100
Merchants’
National Exeli’ge 100

People’s

1*0*6*

City National

Segregated Belch’rlOO

Silver City
Silver Hill
100
Southern Star GAS100
Union Consol. Silv. 100

151
135
202

170
85
200
65
90

First Nat ional
Fulton

10

Sierra Nevada Silv.100

IO6I4

90

Brooklyn

Raymond A Ely.. .100

1375

100

Atlantic

Overman G. A S.. .100
....

155
128
128

Brooklyn.

Ophir Silver
100
Orig.Comst’k GA S100

133
1065

106
149
134
200
118
115

Ask.

100 1374 1374
97

Webster

100

75*6’

100

Washington

6

53s

Lead

100

Union

3G12

50

St. Joseph

...100

(Tremont

31*2

Kentuek
Kossuth

100

Traders’.

100
100

.

Cameron Coal
10
Clinton Coal A Iron. 10
Consol.Coal of Md.100

do
134
8071*2 Maryland

33
122
117
140
100
Chelsea G/L
100
98
991*2 100
Dorchester, Mass.. 100
127
Lawrence, Mass.. .100 125
85
90
Lynn, Mass., Gas.. 100
85
Maid. A Melrose... 100
82
Newton A Wat’n ..100 1254 127
IOOI4
Salem, Mass., Gas. 100 100
Brooklyn, L. 1
25 xl50 160
80
75
Citizens’, Brooklyn.20
72i*>
Metropolitan, B’klyn.
80 ~
Nassau, Brooklyn ..25
40
People’s, Brooklyn. 10
125
Williamsb’g, B’kiyn 50
*145
150
Flatbush, L. I
24
25
Charlest’n,S.C.,Gas.25
140
Chicago G.A Coke. 100 135
160
165
Cincinnati G. A Coke
45
47
Hartford, Ct., G. L..25
Jersey C.A Hobok’n 20 1G5
12*2*
115
P.eople’s, Jersey C...
120
119
Louisville G. L
Mobile Gas A Coke..
105
98
Citizens’, Newark...
90
85
50
Central of N. Y
102
Harlem, N. Y
50 100
Manhattan, N. Y... 50 190 195
Metropolitan, N.Y.100 130 135
91
94
Mutual of N. Y... .100
134
New York, N.Y
100 130
N. Orleans G. L. ..100 1094 111
N. Liberties, Pliila..25

late

Hukill
Julia Consol
Justice

1225
600

*3*2*

l28

jThird Nat

Grant
100
Granville Gold Co
Hale A Norcross. .100

Lucerne
10
10
Merrimac Silver
Mexican G. A Silv.100
Moose
Northern Belle
100

40

Big Mountain Coal. 10

'Suffolk

3334
8*8

201*2
61*2
1434

Henry Tunnel Co..

100
100
100
100

Shaw mut
Shoe A Leather
State

*3*638

100

*9*5*

100

Security

23*4
G78

4**>

Exchequer G. A S.100
Gould A Curry S..100

.100
100
..100

Revere
Rockland
Second Nat

1434
6^8

100

Yellow Jacket

25

95

George’s Cr’k C’l (Md.)

Price nominal; 110

Confidence Silver. 100

(Eureka Consol

COAL & MISCEL.

94

73
40
88

(Consol. Virginia... 100

77
120
410
82
70

MINING STOCKS.

Boston Gaslight.. .500 x805
32
East Boston
25
South Boston
100 120
Brookline, Mass... 100 116
Cambridge, Mass.. 100 139

(Cleveland Gold
10
Consol. Imperial..100
(Consol. North Slope

70

xl30
Mass. Cotton
1000 1055
M erri mack (Mass) 1000 13G5
Middlesex (Mass.). 100 xl56
Nashua (N. H.)
500 525
Naumkcag (Mass.)lOO xl02
N. E. Glass (Mass.)500 190
Pacific (Mass.)... 1000 xISOO

Cumberl’d CoalAI. 100

San Francisco G L

350
740

Bleachery.200

100

100

Farmers’APlauters’25

577s

Baltimore Gas... .100
do
certs...




40

Laconia (Me)
400 400
Lancaster M.(N.II)400 x595

(California
jChollar-Potosi

100 150
100 126
100 1274

People’s
Redemption
Republic

BOARD

6*2 (Crown Point

107

GAS STOCKS.

Carondelet.

1000:1020

Kearsarge

American Coal

Laclede, St. Louis. 100

950
202
80
125

(Ct.)l6o

15
1121*2 115
Salmon FaUs(N.H.)300 150
102
100
30
Sandw.Glass(Mass.)80
5
Stark Mills (N.H.)IOOO x800
10*6*
.Tremont A S. (Mass) 100 130
107
xl05
Thorndike(Mass.)1000 *700
12
Union Mfg.(Md.;
19
191*2
Washingt’n(Mas8.)100 x70
12
Weed Sew. M’e (Ct.)25
664 6614 Willim’tie
65
Lincn(Ct)25
30
•20
York Co. (Me.)... 1000 1350

Adams
.'...100
American
100
United States
100
Wells Fargo
100

50

944

Great Emails (N. II.)100
Hamilton (Mass.) 1000
ITartf. Carpet
Hill (Me)...
100

St. Louis Cot.(Mo.) 106
(Salisbury (Mass.)..100

EXPRESS ST'CKS

St. Louis G. L

100
100

Lowell
Lowell

.

Washington, Phila....
Portland, Me., G. L.50

400
80
G9
116

Lyman M. (Mass.).100
Manchester (N.H.) 160

Amer. SS. Co. (Phil.)..
Atlan. A Pac. Tel.. 100
Boston Band
10
Boston WaterPower..
Brookline Land
5
Canton Co. (Balt.). 100

>

Collins Co. (Conn.). 16
Continental (Me.). 100

Langley Cot. (Ga.)
Lawrence (Mass.)lOOO 1*300
Lowell (Mass)
690 575
p>'7r;

MISCELLANEOUS

Mtg.Secur.fBost.)

Chicopee (Mass.) ..100
Coeheco (N.H.)....500

195** *9*7

1900.. MAN
Sterl’g Gs, 1900.MA8

O. Dominion SS.Co.100
Pacific Mail SS. Co.100
Prod. Cons.L’d A Petr.
Pullin’n Palace Carl00
St. Louis Trans ter Co.
Un. Mining (Tenn.). 10
U. 8. Mort.Co.(NY) 100
West. Union Tel... 100

715
8
GO
113
680

1014 102

7s leg.,

Ilf. A St. L. Bridge. 100
Merc’ntileTr.(N Y)100

700
71*2
§56
xlll
GGO
6
75

,

Western Union Tel.—
7s, coup., 1900.MAN

Equitable Tr. (N.Y) 100

1520

1000

Dwight (Mass.). ..500

90
90

3d series,
4th do

1510

BoottCot. (Mass.)lo66
Boston Co.(Mass.)1000
Bost. Duck (Mass.)76o
Cable S.Wire (Mass.j25
Cambria I ron(Pa.). .50

Bid.

Bank Stocks.

Ask.

MINING STOCKS
Par

Everett (Mass.)...
...

Bid.

Miscellaneous.

Am.B.H.S.M.(Pa.)124 §174 184
100
Amoskeag (N.H.) 1000 1400 1410 Alpha Consol GAS. 100
Belcher Silver
Androscog’n (Me.).100 100
Bertha.
8*7*5
Appleton (Mass.). 1000 850
Best A Belcher
100
112
Atlantic (Mass.)...100 xlll
'Bullion
100
30
Bartlett (Mass.)... 100
26
Caledonia Silver ..100
78
Bates (Me)
..100
77

Dougl’s Axe

Mcre.Tr.real est. in.,7s t
N. Eng. M. Security,7s 11044 105
Pullin’n Palace Car—
97
92
2d M., 8s, ’81 ..MAN

Cin. A Covingt’n B’dge
do
do
pref.

Ask.

First Page of Quotations.

AM.

.

95

1885. JAJ
1st, conv.,0s,’97.JAJ
1st M., 7s,

STOCKS.

Bid.

Miscellaneous.

STOCKS.

..JAJ
6s,g.,1904 JAJ

Mort.
Un. RR.,lst, end.,6s.
do 2d,end. 6s,g.MAN

Explanations See Notes at Head of

MANUFACT’ING

NISC’LLANEOITS
BONDS.

Canton (Balt.)—
£ Gs. g., 1904.

(ill

THE CHRONICLE.

30, lb77j

133
117
105
100
114
112
85
170

134

Citizens’ S. A L
100
Commercial Nat ..100
First Nat
100
Merchants’ Nat...' 100
National City
100
Ohio Nat..
100
100
Second Nat...

110

i*30

155
130
100
115
105
125
160

106
125
160

GOO
G15
G50
G20
G 25
75
r115

125
130
80
125

120
65
126
75
40
74
88
140
119
65
143
113

123
68
128
85
45
76
9»
143
122
67
147
116

130

135
71

Hartford.

106
102

100
1144 TEtna Nat
114
American Nat
50
88
Charter Oak Nat..100
171

City Nat

100

994 Connecticut River..50
Far. A Mecli. Nat. 100
115
114
100
1354 1364 First Nat
100
105
1054 Hartford Nat
Mercantile Nat.. ..100
1044 105
100

National Exchange. 50

1034 Phcnnix Nat
34

1054
1504

117
130
193
j]
90
<
88 ■ <
<
1114 112
111
110
|]
110
!i
108
3 044 105
(1
110
1104 |I
984 99
i<
107
k
105
k
114
113
145
I
140
130
13041(1
100
L004 U
ij
1254 L26
!?
914 92
180
L804 II
L19
ig
117
128
1284 g
LI 8
116
\1
LOS 4 \
108
60
604 A

J In London

99
93

1174

984

98
303
33
105
150
115
125
190
88
85

95
157

100

Louisville.

§ Quotation per share.

1001*2
111

112

*9*6**
94

95
103

i‘1‘6
100
111
110
116
175
100
114
121

125

105
112
112
117
176
100 4
115
122
15
100
127
91
105

,.

100

GENERAL

Bid.

QUOTATIONS OF STOCKS AND BONDS—Concluded.

Explanations See Notes at Head of First Page of

For
Bank Stocks.

Ask.

Bid.

Bank Stocks.

Commonwealth Nat 50
Consolidation Nat..30

Mobile.
Bank of Mobile
50
First Nat.
1O0
Nat. Commercial.. 100
Southern B’k of Ala25

8
no
75

10

Corn

Exchange Nat.50

Eighth Nat...

80*

100

First Nat

100
Farmers’AMech.N.100
Girard National
40

20

Kensington Nat

Montreal.
British N. America....
50
Commerce
100
Consolidated
Dominion
50
Du Peuple
50
Eastern Townships 50

7.)

115%

[June 30, lb77.

CHRONICLE

THE

612

50

48
00
125
100
130
58
50
20
100
-

32
55
63

115%!
87

100

Revere

Shawmut
100
Shoe A L. F. A M. .100
Suffolk Mutual... .100

167
131
61
65

Man u fact urers’ N at. 2 5
Mechanics’ Nat....100
Nat. B’k Commerce.50
Nat.B’k Germant’n.50 x77
Nat.B’kN. Liberties 50 133
Nat. B’k Republic. .100 •x05
National Security. 100
58
50
Penn National

70

100

Washington

*9*4**

Insurance Stocks.

Bid.

ABk.

(Importers’ A Trad. .50
Irving
100

110
95
140
175
103
150
100
97
105
90
130
130
180
105
95
100

115
100

Ask.

87
81
133% 134
99% 100
145
144

85
80

Kings Co. (B’klyn) .20
Knickerbocker...

100

Hamilton

100
100

Imperial

100

Jacques Cartier... 100
Maritime
Merchants’

100
100

Metropolitan

100

Molsons
Montreal
Nationale
Ontario

50
200
50
40

•Quebec..’.

100

^Standard

100

Toronto
Union
Ville Marie

100

100

85

105 *2

75%

Cincinnati.

20,

American
Cincinnati
iCitizens’
Commercial..

20 j

25.1

70
130

...20

73

’

152
80
75

08

100

13
no
10

Louisiana Nat..
100
Mechanics’ A Trad..20
Mutual Nat
100
New Orleans Nat. .100
..

People’s

50

9‘2%
821*2
44i*j

50

Southern
State Nat
Union

100
100

Workingmen’s

West

j

85
70

100

70

25

100
50

75

Broadway

103%

115
11

45

City Bank

56
145
139
137

30
75
135
85
150
130
90
100
105

137

100

Citizens’
25
Commerce
100
Continental
100
Corn Exchange ...100
East River
25
Eleventh Ward
25
First National
100
Fourth National... 100
Fulton
30
Fifth Avenue
100
Gallatin National ..50
German American 100
Germania
100
Greenwich
20
Grocers’
40
Hanover

20
115

Importers’ A Tr.. .100
50
Irving

(Manuf. A Buihlers’lOO
Manhattan
100
Mech. A Traders’...25

70

{Market Street
|{Merchants’, Old

200

25

Plienix

20

100

Second National.. 100
Seventh Ward
100
Shoe A Leather... .100
bt. Nicholas
100
State of N. Y.(new)100
Tenth N ational.... 100
Tradesmen’s
40
Union
50

110

50
Commercial Nat....50

02ig

**85*
100

183

78

1*2*6

133

100
113
90
1231s 124
90
112

80
70
121

102V

I Anglo-California
IBank of California

100
95

I First Nat. Gold

102
90

ioo*

90
117

69
131

135

240
L75
80
60

(Merchants’ Excli. .100
Pacific

Citizens’ Mutual..-.100
Factors’A Trad’s’ Mut.
Mobile Fire Dep’t..25
Mobile Mutual
70
Planters’ A Merch.Mut
StonewallWash’tonFire A M. .50

100
05
118

Raltimore.

Associate Firemen’s.5

51**
25
40

Baltimore Fire Ins.10
Firemen’s Insur’ee. 18
5
Howard Fire

6%

64
15

3%

19%

80
94

*62*
75
94
39

75
99
47
48
19

12

Alliance

100
t35
American F. A M..100 xl32
Boston
100 138
Boylst’11 Mut.FAMlOO 133
Commonwealth.
100 110
Dwelling House... 100 115
Eliot
100 145
Faneuil Hall
100
74%
Fireman’s
100 149
Franklin
100
85
.

106

..106

135
100 ^111
90
(Mechanics’ MutuallOO
(Mercantile F. A M.100 150
INeptune F. A M...100 130
(N.Engl’d Mut.FAMlOO 99
(North America.... 100 126
(Prescott...
100 127

Price nominal; no late transactions.

“56

107
218
148
1^7
130
05

27

Merchants’ Mutual
Mechanics’ A Traders’
New Orleans Ins. Ass’n
New Orleans Ins. Co

Republic

14

90
134
140
135
115

116

..100

l66
25

Resolute

Rutgers’..

Star.........

52
50
...100

Sterling
Stuyvesant

100
25
25
25
10

Tradesmen’s
United States

83s

60

Westchester

15%
40% Williamsburg City. .50
47

3%
193i

77%
22%

*14

100

Teutouia
Union

39%

New York.

(Adriatic

2d

;
j/Etna
American

100
50

.20
50

140
100

100

Citizens’

20

60

Clinton
100
Columbia
30
Commerce Fire.... 100
Commercial
50
Continental
100

150

146
75
150
90

Gebhard
.100
German-American 100
Germania
50
Globe..."
50
Greenwich
25

136
112
94

Guaranty

110
112

.

100
15
50
50
100

25

50

150
125

104

ii*6*

200
90
115
125
240
145
160
160
90
95
95
110
05
190
100

1*2*6’
125
90

135
100

16*5* 17*5*
150
100
190

iio"
200

Philadelphia.^

.....

Richmond.

City

25
100

80

100

Commercial

Old Dominion
100
Piedm’t A A. Life. 100
Richm’d Fire Ass’n.25

17%
80
50
102
14
40

81
90

16

25
100 104% 116
32
29
25

Virginia F. A M
70% Virginia Home
Virginia State
22
55

St. Louis.

American Central..25
80% Boatmen’s Ins. AT. 100
100
23% Citizens’
39
Franklin
100
15
Jefferson
: .100
Lumbermen’s A M.100
Marine
100
Pacific'.
100
Phoenix
100
St. Louis
100
United States
100
i

ioo
150

80
70
110

19

*95

3
100

73
73

76

75
75

80

15 c

20

60
60
50

65
70
60

110
90
98
100
112

112
95
100
105
114

San Francisco.

California
100
Commercial
100
Firemen’s Fund... 100
State Investment. 100
Union
100

95
212
210
190
100
154
05
80

—

MARINE

„...

INS.

SCRIP &c.
New York.

Atlantic Mutual-

225
125
100

435

115
80
118

110

100

Guardian
Hamilton
150i*a Hanover....
131
Hoffman..
100
Home
128
Hope
130
Howard

100

Pennsylvania Fire 100

80
100

70

130
280

*9*6'
140
140
195

American Fire ....100
Fire Association
50
Franklin Fire
100
Delaware Mutual.. .25
Ins. Co. of N. Am’ca 10
Ins. Co/State of Pa 200

85
90
20
05
85
90
40

137

40
100 11*7*
100
30
50 127

Firemen’s
17
Firemen’s Fund.... 10
Firemen’s Trust.... 10
Franklin
100

§ Quotation per share.

175

70 150

Eagle...
Empire City
Emporium
Exchange
Farragut

175

100 125

Safeguard

70
142

•85

100

Ridgewood

193,

4d

...

431*2 City
7

50

Relief...

54

Hope
Lafayette

(Bowery
25 21*6*
! Brewers’ AM’lst’rs. 100
(Broadway
25 200
17 200
61*2 Brooklyn

3

Merchants’ Mutual.56
National Fire
10

(Globe (closing)

20 185
People’s..
...50
Phenix (B’klyn) ....50 15*6*
Produce ExoliaugolOO

Merchants’AMech.100

'Arctic
i Atlantic-.

INSUR’CE

25
25
100

Pacific
Park
Peter Cooper

New Orleans.

Crescent Mutual
Factors’ and Traders’.
Firemen’s
Germania
Hibernia
Home

I Amity

FIRE

North River

130
180
150
107

50

.-

Granite.

American Excli...100

sManufacturers’.

250
1S1
88
61

Queen Fire A Life.. 10
Royal Insurance... .20

*1*6 i*

97
62
115

100

Grangers’ B’k of C.l 00

..

117

8%

Sun Mutual

Boston.

140
1001*2 105
97
130

74
140

..

Marjdand Fire...... 10

70
75
70

100

Lancashire F. A L. .20

19%

People’s. /

STOCKS.

*9*6'

10
05

Sau Francisco.

i

95
88

20
31
40
8

87 %
80

,-B’k of S. FranciscolOO

170

N. Y. Equitable
35
New York Fire
100
N. Y. A Yonkers ..100

Niagara

185
107
100
108
102

40
150

37%

National

112
135
135
115
70
100
135

Mobile.

100
100

50
50

Standard..

Northern Assur’ee 100 x39%
46
North Brit. A Mer..50

10

Valley National. ..100

02
112

.Philadelphia.§
.

100
100

St. Louis National.100
Third National....100

Mass. Mutual

B’k of N. America 100
Central National.. 100

32
6
90
8

...

145

108
130
05

People’s

*3*6*

! Merchants’ Nat
100
991*2 100% |Second National ..100

Market
100
Mechanics’
25
Mechanics’ B. Ass’n50
Mechanics’A Tr.. .25
Mercantile
100
Merchants’
50

100

*

100{

x92% Mechanics’

:.

100
.100
100
50

Imperial Fire

22

200

3 00i

(Lucas

138

Nassau
100
New York
100
N. Y. Nat. Exch’gelOO
New York County. 100
Ninth National... .100
North America.... 100
North River
50
Oriental
25
Pacific
50
Park
100

100

{Iron Mountain

il7*

Leather Mauufts..lOO

Merchants’ Exch’ge50

7
35
135
40
141
85

100
100

I International

106

119%' London Ass.
Corp..25
80
Liv., Lon. A G.F.A L.20
95

300

100
{German
{German American 100

210

1*2*3*

Scottish CommercT.10

{Butchers’ADrov’s’ 100
Commercial

j Exchange

100

220
55
105
215
142
104
175
55

(B’klyn)50

Metropolitan
30
Montauk (B’klyn).. 50
Nassau (B’klyn)
50

London.

‘

100

; Continental

Mechanics’
Mercantile
Merchants’

St. Nicholas-

138

77

:Fourth National ..100

Manhattan
50
Manuf. A Mercli’ts.OO
Marine
..100

Republic

57
148
140
138

118%

Boatmen’s Bank ..100

I

120
101

100

Metropolitan

Connecticut
Hartford
National
Orient.
Plnenix./
Steam Boiler

Commerc’l Union.£50
Guardian...=.
100

25

145
118
108
132
131
110
65
95
130

100
25

Lenox

(Long Isl’d (B’klyn).50
iLorillard
25

Hartford, Conn.

1031*2 1041*2

Nat. Bk of VirginialOO
! Planters’ Nat
100
781*2 State Bank of Va.100
82i*>
20
St. Louis.

104

-—25

Western

iJEtna Fire
100
Atlas Insurance... 100

j First Nat
100
;Merchants’ Nat... 100

| B’k of St. Louis

.20

Washington

Richmond, Va.

80

25

City

20
20
Globe
..20
Merchants’A Manuf 20
Miami Valley
50
100
National
20
Union
Firemen’s

00
80

Philadelphia. 100J

Cumberland Nat.. .40
I Canal Nat
100
Casco Nat
100
First Nat
100
Merchants’ Nat
75
71V
National Traders’.100

127

Butchors’A Drovers25
Central National.. 100
Chatham
25
Chemical
100




55

501

B’k of Commerce.. 100
'B’k of N. America. 1()6

America
100
American Exch’gclOO
Bank. A llr’kers A. 100

*

50

20

Germania

110

Co.100

120
90

20 IOO*

Fidelity

13*6’ 1*5*6’

Portland, Me.

New York.

City National

80

20

Eureka

1*7*3*

x70

100

Enterprise

1

85

50

1*7*6 *

50
100

98 %(

70*'

02

....25

..

I Eagle

100

22d Ward
Third Nat
Union Banking
Union Nat
Western Nat

.

100

Spring Garden

97%

100
100

Lafayette

Second Nat
Seventh Nat
Sixth Nat
Southwark Nat

1031*2

Banking.. 100 101

Citizens’
Germania Nat
Hibernia Nat

People’s
...100
Philadelphia Nat.. 100

100 % 1011*2
97 % 98
103
301*2 37
7014 73
09
08
27% 31
105
no

New Orleans.

Canal A

89

.40

.

Lafayette (B’klyn) .50

i

4736781
Exchange

Federal

i 25

138
87

30

Jefferson

! Lamar

20% Amazon

110

Bid.

Insurance Stocks.

Ask.

Quotations.

200
140
290
70
95
160
130
99
109
90

120

t Assessment paid.

101
100
99
98

1875

Commercial Mutual—
1871

98
81

1877
New York Mutual1864
1876
Orient Mutual1861
1875....
Pacific Mutual-

1876
Union Mutual-

90 ;
60

80
50
80
50

j
j
j

1876
Great Western stock..
Mercantile stock
Sun stock

85 '
57%
70 f

50

90
60
100
75

June

30, 187 7.J

THE

CHRONICLE
Bridging and superstructure
Ballasting and fl lling tracks

3 nnestmenfs

Additional side tracks

Second, or double track.
Depots, water stations, shops and machinery
Fencing, signboards, &c...
Excess in cost of steel over iron rails, furnished previous to

AND

STATE* CITY AND CORPORATION FINANCES.
The “ Investors’

Supplement” is published

G13

the last Saturday
of each month, and furnished to all regular subscribers of the
Chronicle.
No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular

April 1, 1875

Excess in cost of

on

subscribers.

bridge at R. I.

(137 miles)

value of old bridge.

over

356,821
232,210

..

of Branch Railroads

....:

account of

improvements and int. paid for Chicago
& Southwestern RR. in excess of net earnings of said road.

ANNUAL

on

37,226

2,275,631

3,686,255

REPORTS.
During the

Chicago Rock Island & Pacific Railroad.
{For the

897j704
277,578
491 499

new

Rebuilding depots in Chicago
Engineering and contingencies
Expended in the construction and control
Expended

338,977
251,558
416,849
545,533

same

period of eight

years—

Capital stock has increased

ending March 31, 1S77.)
The annual report opens with a sketch of the history of the
Company, which our limited space this week prevents us from
publishing, but which may find a place in the Chronicle at a
year

$6,980,000

Bonds have increased
Income from surplus earnings

1,197,836

6,630,290

.-

$14,803,226
Land and land

damages include cost of land purchased in.
Chicago for right of way and depot purposes, amounting to over
later date.
half a million of dollars, and laud in cities of Rock Island and
INCOME ACCOUNT FOR THE TEAR 187G-7.
Davenport, used in approaches to new bridge.
The earnings and expenditures (excepting the Chicago & South¬
The equipment has been increased by the addition of 122 loco¬
western Railroad), for the year ending March 31, 1877, were as
motives, 49 baggage, passenger and sleeping cars, and 1,773
follows:
freight cars of all classes ; and a considerable portion of this had
The gross receipts from all sources were
$6,917,656 to be purchased or constructed when prices were fully
fifty per,
Operating expenses, including taxes
3,533,194 cent,
higher than now.
*
Net

earnings
From this sum there has been

$3,384,462

Dividend in April, 4 per cent
Interest

on

Interest on income bonds
Income bonds sinking fund
Rent of Peoria & Bureau Valley
*

Capital stock account

$339,192

October, 4 per cent
February, 2 per cent
mortgage bonds

Leaving surplus

Add balance of income account, April 1,1876

Present balance....

125,000—2,952,980
$431,482
7,756,051

$8,187,534

mortgage sinking fund bonds of the Chicago Rock Island &
bonds of the
cash in Corn

Pacific Railroad Co.; $24,000 in first mortgage
Peoria Pekin & Jacksonville Railroad Co.; $14,162

Exchange Bank.

2i0

9,000,(00
1,000,000
100

3,448
3,088

Suspense account ...
Income bond sinking fund*
Profit, balance of income account..

164

8,187,534

.

Assets.
Cost of road and equipment, including Oskaloosa
cago branches
Cost of bridge at Rock Island
WInterset railroad
Indianola railroad.
-v
Fort Leavenworth railroad
Pacific Hotel bonds....
Pacific Hotel stock
Advances to pay coupons C. & S. W. R.R
Advances to C. & S. W. R.R. Co

$43,194,335
and South Chi¬

$33,6SO,292
744,058
241,931
179,365
123.142

..

Connecting railroad and other bonds

LANDS.

The sales of land belonging to
Land Commissioner, have been
at an average

$24,999,800

Six per cent income bonds
Fractional agreements convertible into bonds....
Chicago, Rock Island & Pacific R.R. Co. of Iowa

The Commissioners of the sinking fund report that the securi¬
ties and cash now held by them are as follows: $916,000 in 7
per

$178,595,

.V....

Mortgage sinking fund bonds

SINKING FUND.

cent

31/1877.

fractional scrip convertible into stock

839,192
419,596
630.000
60,000
40,000

Railroad

BALANCE SHEET, MARCH

Liabilities.

paid:

the Company, as reported by the
21,532 acres, for the sum of
of $8 28 per acre. Interest received on

C. H. I. &P. R.R. Co. stock on hand
Balance of loans and cash on hand in New York
Due from Post Office Department
Stock of materials, fuel, &c., on hand

Cash, cash items, and balances due from other roads, in hands of

8^,371
125,000
1,969,712
1,716,543
28 (,164
4,020,000
69,765
87,351

73,023

local treasurer, Chicago
541,613
contracts, $62,773. Bills receivable increased from $803,276
$823,950. Taxes paid on account of 333,261 72-100 acres
$13,194,335
owned by the Company on the 1st of November, 1876, amounted
* On the 1st of
to $52,573—an average of about 15| cents
January, $40,000 was appropriated to the sinking fund for
per acre.
The sales of the past year have amounted to less than one-third the income bonds, and $40,(jOj of said bonds were purchased for this account
at a cost of $11,035 62, and on February 1st the coupons were collected
the quantity sold during the year previous. This is accounted leaving an unexpended balance of $161 38 to the credit of this account.($1,200)
for by the continued hard times, the partial failure of
crops, fears
Canton Company of Baltimore.
of grasshopper incursions, and the remoteness of most of the
{For the year ending May 31, 1877.)
Company’s land from railroad facilities.
From the report of the President and Directors for the year
EARNINGS AND EXPENSES.
Eirnings—
terminating May 31, 1877, we condense the following:
From passenger transportation
$1,772,513
We hesitate not to state that, in our judgment, notithwstand“
Freight
4,708,146
Mail
“
ing the seeming adverse circumstances that surround us, and the
141,444
Express
“
'.
94,039 obligations and bonded debt incurred in building and aiding the
Rents, interest, &c
159,585 Union Railroad, that the Canton Company is substantially in a
Use of cars
34,951
better condition to-day than it has been at any time during the
Telegraph line
^
6,976
past ten years.”
Total
'
$6,917,656
The question is now very frequently asked, what is the Canton
Expenditures—
Company—its objects, privileges, and extent ?
Operating expenses
$2,296,155
1
It is a real estate company, organized under a charter granted
Legal expenses
27,291
Taxes
209,747-3,533,194 by the State of Maryland, in the year 1828, conferring corporate
powers more varied and extensive than were, perhaps, ever
Net earnings
$.3,384,462 granted before or since, in any other State of the Union. It
Percentage of operating expenses to gross earnings.
47 65-100
possesses the unqualified right to purchase and hold not exceed¬
including legal
expenses and taxes
51 07-100 ing ten thousand acres of land, and the uses to which the property
Gross earnings per mile of road operated
$9,784 may be applied are best described in the language of the act

time

to

.

“

,

...

..

_

4*

“

Operating

expenses,

“

including taxes,

•*

per

mile

4,996

itself.
What is the par value of Canton stock, and what is the capital
stock of the company? is also a question often asked.
The
Comparing the passenger movement and earnings with that of answer is to be found In the
following items in its history.
the previous year, it will be seen that 48,933 more
passengers
The original charter of the compauy, in 1828, limited the capi¬
were carried—an increase of 3 48-100
per cent; resulting in $8,612
tal stock at 20,000 shares, of $100 each, making $2,000,000. An
more revenue—an increase of 48-100 of 1
per cent.
The slight
decrease in the rate per mile is attributable to the lower fares amendment to the charter, procured in 1842, after 12 500 shares
had been subscribed, and $65 per share had been paid in, fixed
made for Centennial travel, by agreement with
connecting lines. and limited the number of shares, and the
par value of each at
The amount of freight transported slightly exceeds that of
any
other year in the history of the road; the increase movement of these figures, making the total capital stock amount to $812,500,
all paid up in cash.
paying freight over the previous year being some 3£ per cent;
Another amendment to the charter, obtained in 1853, authorized
but, owing mainly to the operation of the Iowa Granger Law on
the issue to the stockholders of four shares for one, which in¬
competing lines, your managers were compelled to reduce rates, creased the number of shares to
50,000 without enlarging the
so that the
freight earnings, notwithstanding the increase of ton¬
capital stock, but in effect making the par value of each share
nage, decreased $413,410—a little over 8 per cent as compared
$16 25.
with similar earnings of the year previous.
Again, in 1858, another amendment to the charter was had,
The amount charged to construction and equipment account,
exclusive of that expended in extending the Oakaloosa Branch authorizing the purchase and cancellation by the company of its
own
stock; withholding, however, the power to re-issue said
Railroad to Knoxville, has been $120,757.
shares.
Under this authority there have been bought and can¬
From April 1, 1869, to April 1, 1877—a period of eight years—
celled 5,700 shares, at a cost of $155,710. The whole number of
the expenditures on account of construction and
equipment have shares outstanding at tbe present time is 44,300.
been as follows:
In 1866, the Canton Company, by virtue of the authority con¬
For land and land damages
$750,330 ferred
upon it by an act of the General Assembly of Maryland
New equipment
2,977,977
Grading and masonry
1,268,578 to incorporate the Union Railroad Company, was authorised to
Net

earnings

'




per

mile

$4,787

cr

y

subscribe for the capital
gage

stock thereof, and to endorse

28,744
660

Sinking fund sterling bonds
Sinking fund gold bonds....

the mort¬

bonds of said company.

Company consists of, say, 2,400
partly within the eastern limits of the city of Balti¬
more and adjacent thereto in Baltimore county, including a water
front of 17,243 feet, 4,373 feet of which bind upon the inner har¬
bor of the city and the balance on the Patapsco river east ot the
Lazaretto and also on Colgate’s Creek.
A portion of this valua¬
ble water front is well improved, and yields a rental of about
twenty dollars per front foot yearly, on temporary leases. An
estimated value (for purpose of information) may be placed of,
say, $1,500,000. Within the city limits your Company still owns,
say, 1,980 lots, 20 feet front by 72£ to 100 feet deep, binding
partly on graded and paved streets and partly on streets laid out
but not yet opened or graded.
An estimated value of these lots governed by leases made
recently 'would give an approximate value of, §ay $000,000.
The real estate of the Canton Company in Baltimore County,
adjacent to the city, consists of, say, 15,900 lots, laid out, say, 20
by ICO feet, and binding on streets and avenues, some of which
are
opened, graded and shelled—but mainly not opened and
occupied as market gardens and pasture lots, upon which a valu¬
ation governed by actual leases may be placed of $1,350,000.
The balance of the land in Baltimore County lying outside of
above property consists of about 900 acres—value, say $50,000.
The real estate of the Canton

acres

[June 30, 1877.

THE CHRONICLE*

614

of land,

Permanent Improvements
Elevator and wharf
Bills receivable and unsettled
Stock in Chemical Company
Union Railroad
Cash in bank

200,000
128,510
10,941
10.0f0
2,526,(21
23,149

accounts

Assets Union Railroad Company-

$3,472,161

$320,911
185,234

Sinking fund tirst mortgage bonds
Sinking fund second mortgage bonds

$5J6,145
Property held by William

5,386
0,312

Fisher, trustee.

Cash in bank

517.844

62,622

Balance

$4,052,029

.

This estimate gives you a valuation of
In addition to which valuation the Canton
The Union Railroad, costing
Well secured ground rents.

....

Company owns—

“

2.526,021
544,103
128,510
10.041
10,000

Boston Semi-Annual

$0,922,' 56

$1,501,C00

1,500,000

$3,001,000

Total
Less amount of sinking fund

Qne-fifth of all the sales of the Canton

535,550— 2,465,449
Company’s property is

Fund,

over to the trustees of the Canton Company’s Sinking
be applied to purchasing and cancelling the Sterling Bonds,
issued under Act of 1872. And the balance, four-fiftbs, is paid
over to the Trustees of December 1, 1873, to be applied to the

paid

Dividend Payments.—Mr. Joseph G.

issues his usual list of
He says : The 4 percent
dividend on Ogdensburg and Lake Champlain preferred stock,
due April 1 and then deferred, will be paid July 10. The 3 pe r
cent dividend on Cincinnati Sandusky and Cleveland preferred,
omitted May 1, is now payable on demand. Pittsfield & North
Adams reduces from 3 to 2£ per cent, under the new perpetual
lease to the Boston & Albany Railroad.
The South Boston paid
2 per cent in January, and now 2, passing in April. The Granite
and Worcester & Nashua pass.
The Atlantic Mills pays its
first dividend under the new organization.
Last previous divi¬
dend, January, 1875. In August, 1876, the old capital was cut
down from $1,500,000 to $300,000, giving one new share for five
old ones, and then issued $700,000 of new stock at $100, making
$1,000,000 capital. Cabot increases from 3 to 4 per cent. The
Hill and the New Market resume, each alter passing three times.
Chicopee reduces from 4 to 3 per cent. Cocheco paid 5 per cent
June 14, The following pass: Continental, Dwight, Franklin,
Great Falls, Norwich Woolen, Salisbury and Salmon Falls.
The
Missouri River Fort Scott & Gulf Railroad will pay July 2 half
of the January 1,1875, coupon on tirst mortgage bonds and the
The Kansas City St. Joseph
balance in a six-month note.
and Council Bluffs first 7s, 1907, are the new issue of bonds
under the reorganization, and those of the Detroit Lansing
and Northern in place of Detroit Lansing and Lake Michi¬
The State of New Hamp¬
gan, both paying their first coupon.
shire will redeem $100,000 ot 6 per cent bonds maturing July 1.
The State of Massachusetts will redeem in gold, Julyl, $400,000
Union Fund Loan ” and $400,000 “ Norwich and Worcester
Railroad Loan,” the sinking funds, in both cases, being ample to
pay them. The Norwich and Worcester “ State Aid ” was origin¬
ally granted in 1837, for twenty years, and renewed in 1857 for

Martin, of No. 10 State street, Boston,
interest and dividend payments in July.

23,149

And of Union Railroad

Baltimore & Ohio.—The Baltimore Gazette of
tc-day, from what we regard as good

We hear

current week.”

200,000

indebtedness of Can¬

NEWS.

June 26 say&:
authority, that
the Baltimore & Ohio Railroad Company have concluded a
negotiation, which has been some time in progress at London,
for a loan of $5,000,000, the object of which is to take up the
floating debt of the company incurred in the building of the
; aud
$3,500,COO Chicago Branch is to be it is further stated that a million dol¬
lars of this loan
paid over to the company during the

Warehouses, dwellings and improvements
Elevator, wharf improvement and rail tracks.
Bills receivable and open accounts
Stock in Chemical Company
Cash in bank

3Total
Against which there is a bonded
ton Company

GENERAL INVESTMENT

to

purchase and cancellation of the Canton 6 per cent, gold bonds.
There is one important fact to which your attention was called
in last year’s report and which fact we would again urge upon
your consideration, viz.: That there has been no decline in the
value of the real estate owned by the Company. The recent
State assessment for basis of taxation has been largely increased,
both in city and county, over the valuation made by the former
assessment.
Indeed, the prices asked for our land have always
been reasonable, and prices never bavebeen inflated as elsewhere
attained, in and around other large cities.
The lots located contiguous to the tracks of the Union Railroad
have enhanced in value by reason of the facilities aflorded to
business. The leases made during the past year, including,those
not as.yet executed, are much larger than those made during the
two previous years, reaching the annual rent of $8,520 16, which
at six per cent makes a valuation of $140,772 34, and the sales of
real estate $21,655 38, giving a total of property disposed of of
$162,427 72.
This accomplished, notwithstanding the great
depression in real estate and in all branches of business, is very a like period.
gratifying, and affords great encouragement as to what may be
Hannibal & St. Joseph.—In the suit in the Supreme Court of
expected when business revives again.
Massachusetts, tbe point at issue was whether the company should
The Treasurer’s report for the year ending May 31, 1877,
control the surplus assets in the hands of the trustees, or whether
shows a total of receipts from all sources of $239,185 ; of which
the State of Missouri had a lien until the bonds issued by berm
amount $88,466 have been from rents, sales, &e., and the balance
aid of the road were paid.
By the decision the company is enti¬
from loans and sale of bonds. The expenditures for same time
tled to all the assets now in the hands of the trustees, being
have been $216,035, of which amount $96,607 have been paid for
interest on Canton bonds, and $35,000 loaned to the Union Rail¬ upwards of $2,500,000 mortgages ou lands sold, $170,000 in
money, and about 100,000 acres of land.
road Company.
“*

The reports from Wm. G. Harrison, President, and J. C. Wrenshall, General Manager, of the Union Railroad, exhibit a very
gratifying account of the largely increased traffic and revenue of

the road for the past year.

Gross income from passengers and

$108,234
31,383

freight

Working expenses of road

Making

a

$76,899

net revenue of

$46,485. The gain
in cars of freight over the Union Road has been steady and
remarkable for the times; the gain being mostly in grain and coal.
A

gain in net revenue over the year 1876 of

1876
1877...
BALANCE SHEET MAY

Jeint statement of Canton Company
Liabilities of Canton Company—

11,303
18,568 ~
28,476
31, 1877.

Coal.

1,427
2,612
5,551

and Union Railroad Company.

Sterling bonds outstanding

$578,000

923,000

Gold bonds outstanding
Liabilities of the Union Railroad

Grain.

4,947
6,768
14.262

No. of Cars.

1875.

Company—

City of Baltimore (old debt) assumed
let mortgage currency bonds, endorsed by Canton Co
24 mortgage gold bonds, endorsed by Canton Co.

$1,501,000

...-.$117,000
783.000
600,000

Jersey City & Albany.—The amount

of this railroad, purchased by Hon.
and above the bonded indebtedness

realized from the sale

D. E. Culver, was $1,000 over
of the road.

Memphis & Charleston.—This company offers to its security
$700,000 new 7 per cent bonds at 75, for the purpose of
paying off the Tennessee lien of $1,700,000. which can be paid
by the company with $525,000 in cash added to its present re¬
sources, at the market prices of Tennessee ronds.
It is stated
that President Wilson and Vice-President McGhee have agreed
to take one-half the loan, if the rest is taken by July 1.

holders

Portage Lake & Lake Superior Ship Canal.—The sale of
franchises, lands, &c., was made under foreclosure

the canal, its

proceedings on the 11th of May.

The property was bid in

by

for about $877,000 (a sum not sufficient to pay the pre¬
ferred bonds in full), who proceeded to organize a new company,
to whom it was transferred.
All parties of record consenting
thereto, the sale was confirmed by Judge Brown several
since.
At the time of the sale a representative of some of the
New Y»rk bondholders was on the ground and filed with the
trustees

days

making the sale a written protest against the proceeding,
alleging that there was a ring, a conspiracy -r that an appeal was
Dae Canton Co. for right of way
$200,000
pending, that the sale had been insufficiently advertised,
Due Canton Co. for cash loans
459,836
that capitalists stood ready to buy the property in due time at
Due Canton Co. for ground rents io establish sinking funds. 342,946
1,002,763 something like its value. This protest was ignored; and yester¬
Bills payable for tunnel damages
$53,210
day this protestant came before Judge Swayne and asked
Unsettled accounts
5,616
58,846 the confirmation of the sale be set aside. There was much talk
about fraud, rings, extraordinary haste in confirming the report
$4,052,629 of sale, &c. Judge Swayne took the matter under advisement.
Assets of Canton Company—
JDetroit Post, June 5.

Ground rentj, vulue 6 per cent.



master

1,5CO,000

and

that

$544,103

Juns

£0, 1877.]

THE

CHRONICLE

615

&!)e Commercial Cimes.

COTTON.

COMMERCIAL EPITOME.

The Movement

Friday Night, June 29, 1877.

op the

Friday, P. M., June 20, 1877.
Crop, as indicated by our telegrams

from the South to-night, is given below.
For the week ending
this evening (June 29), the total receipts have reached

6,519
bales, against 8,526 bales last week, 8,526 bales the previous
some pressure to sell leading staples, prices have given way in
certain cases. This is, however, more particularly true in manu¬ week, and 9,390 bales three weeks since, making the total receipts
since the 1st of September, 1876, 3,938,656 bales,
against 4,056,109
factured and imported merchandise,—the products of domestic
bales for the same period of 1875-6,
showing a decrease since
agriculture generally bringing full and improving figures, owing
Sept. 1, 1876, of 117,453 bales. The details of the receipts for
either to their scarcity or to the low figures which had previously
this week (as per telegraph) and for the
corresponding weeks of
been reached. But what is most notable in commercial circles, is
five previous years are as follows :
the confidence with which the autumn trade is looked forward to.
Trade continues up to a fair average for the season

The most favorable results

seem

to be

;

but under

generally anticipated

;

but

Receipts this week at—

1877.

1875.

1876.

1874.

1873.

1872,

whether these anticipations shall be realized depends, of course*

much upon the yield of the harvests. Upon this point
prospects are still good, though the Western States have been
visited by a storm of great violence, and extending over an unu¬
sually wide area.
*
The provision trade has been quite moderate and the specula¬
tion less active. Mess pork closes quite nominal on the spot and
$14 00@14 05 bid for the next three months. Lard of the present
crop has been rather pressed for sale, and although the next crop
was better maintained, the close is amidst
general depression,
with buyers at $9 05 for July and August, $9 15 for September,
and $8 85 for all the year.
Bacou has remained quiet and nomi¬
nal, at 7@7£c. for long clear. Cut meats have been marked up
4@4c. per lb., with large sales of pickled rib bellies at 7c. Beef
and beef hams remain nearly nominal. Tallow has been firm, at
8@8 l-16c. for prime. Stearine has sold at lO^c. for prime West¬
ern.
Butter was drooping and closed dull. Cheese declined, at
7|@10c. for fair to prime factories.
The foreign exports of hog products, from October 29 to June
23, for two crop seasons, compare as follows :
very

1875-76.

Pork, lbs
Lard, lbs
Bacon and

38.835,800
121,9;;6,744

hams, ibs

263,112,766

1876-7.

9,358,000
36,569,266
70,310,537

m

3,194

862

2.257

391

616

311

435

302

143

423

753

73

Savannah

93
1,303

1,456

493

879

Galveston

362

800

1,192

383

2

29

888

2,063

3

111

Charleston
Port

Royal, &c.

„

4

Tennessee, &c

418,415,310
fair business in

534,653,114

116,237,801

Kentucky tobacco the past
week, but at rather easier prices for low grades. Sales have been
700 hhds., of which 550 lihds for export and 150 for consump¬
tion, at 34@5^c. for lugs and G^@16c. for leaf.
Seed leaf tobacco
has been dull, the sales for the week being only 711 cases, as
follows : 200 cases sundries, 5@20c.; 50 cases, crop of 1874, Penn¬
sylvania, 13c.; 50 do. 1875, do., 22c.; 61 do. 1874-75, Ohio, 8@10@
ll@12c.; 250 do. 1875, New England, 10c, 15c, 18c, 20c, 22c, 25c,
and 30c.; 100 do. 1876, N. E. seconds and fillers, on private terms.
There has been a fair movement in Spanish tobacco, the sales
aggregating 600 bales Havana at 80c.@$l 10.
Coffees have been fairly active and steady, even firm ; Rio is
quoted at 17@20fc. gold for fair to prime cargoes. Stock in first
hands at all ports on the 27th inst., 160,513 bags, of which 99,124
are here.
Recent sales of mild grades embrace 4,813 bags Mara¬
caibo, 3,091 bags Laguayra, 1,506 bags Sc. Domingo, 1,086 bags
Savanilla, 228 bags Costa Rica, 404 bags Mexican, in lots for con¬
a

...,

2,123

Florida

•

[

•

•

826
245

1,842

1,130

1,476

511

£01

175

1,054

3,700

1,476

7

5

39

f

North Carolina

262

101

67

492

189

85

Norfolk

753

1,251

521

1,671

3,356

1,693

38

29

33

497

6,519

8,559

6,108

8,457

City Point, &c
Total this week

36

....

12,428

6,216

Total since Sept. 1.... 3,938,656 4,056,109 3,457,934 3,761,017 3,498,219

2,693,660

ending this evening reacn a total of ^
15,558 bales, of which 13,433 were to Great Britain, none to
France, and 2,125 to rest of the Continent, while the stocks as
The exports for the week

made up this evening are now
stocks and exports for the week,
week of last

256,914 bales.
Below are the
and also for the corresponding

season:

Exported to
Week

Total

Conti¬

this

week

nent.

week.

1876.

2,025

Great

June 29.

New Orleans

France

4,609
2,025

4,609

Mobile

22,231 256,914 278,257

....

....

.

....

....

.

.

8,028

Norfolk.

....

Other portst

Total since

100
....

796

Total this week..

.

13,433

....

....

....

....

.

.

.

.

.

8,128
....

2,125

64,051

15,558

....

.

3,208

1876.

796

Savannah

Galvestont

.

1877.

79,488
8,438
8,108
5,548
4,413
2,429
3,438
8,367
12,553
16,473 125,562 138,027
3.233
5,468
2.550 34,000
32,000

Charleston

New York

Stock.

Same

ending
Britain.

Total, lbs....
There has been

1,889
4?0

'

Indianoia, &c

Increase.

4-2,693,800
158,536,011
333,423,303

New Orleans
Mobile

....

...

•

.

•

•

Sept. 1 2,038,627 447,981 424,141 2,960,749 3,101,611

.

.

.

,

....

t Galveston.—Our Galveston telegram shows (besides above exports) on ship¬
board at that port, not cleared: For
Liverpool, 2,808 bales; for other foreign,
no
bales; for coastwise ports, ho bales; which, if deducted from the stock,
would leave remaining 10,215 bales.
X The exports this week under the head of “other ports” Include from Boston,
759 bales to Liverpool; from San Francisco, 87 bales to Liverpool.

From the

foregoing statement it will be seen that, compared
corresponding week of last season, there is a decrease
sumption.
in the exports this week of 6,673 bales, while the stocks to-night
\ Rice has sold fairly at the late steady figures. In molaBses, are 21,343 bales less than
they were at this time a year ago.
little or nothing has been done, and prices are .very weak and
The following is our usual table showing the movement of cotton
easy ; 50-test Cuba refining, 40@42c.; New Orleans, 45@56c. Raw
sugars, after showing further declines, close about steady: fair at all the ports from Sept. 1 to June 22, the latest mail dates:
to good
Refined more active and firmer:
refining, 9^@9fc.
RECEIPTS
EXPORTED SINCE SEPT 1 TO—
crushed, 12i@12^c. The movement in raws has been:
CoastSINCE
with the

<

Hhds.

Stock. June 1, 1877
Receipts Mace June 1, 1877
Sales since June 1, 1877
Stock, June 27, 1877
Stock. June 29, 1876

The business in

Boxes.

63,996
62,818

14,206
7,953

151.855 '
164,515

670
2.095

23,387

-3,050
19,109
49,626

93.241

223,129
194,335

1,270
1,495
3,745

103,367
95,335

Bass.

Melado.

SEPT.

PORTS.

1876.
N. Orleans.

i,173,773
356,275
467,666
472,471
499,374
120,520
20,373

Mobile

1.

1875.

Great

Britain

France

1,382,239 672,864 319,822
367,867 145,597 25,163
408,412 221,616 50,679
512,117 233,515 14,742
475,014 203,630 24,774
196,549 354,075
8,683
12,045

Other

forei’n

176,611
42,897
72,499
50,052
25,412

wise

Total.

1169,297
213,657
344,794
298,309

Stock

Ports.

165,899

75,616
11,488
105,357
2,681
138,075
2,556
239,662 14,480
130,581
20,373
90,166
1,586
8,400
428,084
29,000
139.2-30

freights has latterly fallen off to very Charlest’n *
charter room; rates, how¬ Savannah..
253,816
ever, remain steady, especially on the former, the offerings of Galveston*.
26.738 389,501
which are not very liberal. Late engagements and charters New York..
were : Grain, to
Liverpool by steam, 5d.; provisions, 30@50s. per Florida
ton; cotton, by sail, 3-16d. Grain to London, by steam, Gd.; N. Carolina 128,126 101,470 23,357 2,511 10,606 36,474
1,602 1,221 112,515
548,568 435,306 109,G92
cheese, 60s. via Southampton. Grain to Glasgow, by steam, 5d.; Norfolk*
cheese to Bristol, by steam, 55s.; llour, 2s. 6d.; sugar, 2s. 6d. Other ports 144,991 106,531 110,848
15,980 126,828
Grain to Cork, for orders, 4s. 6d.; barley, same voyage, 53.;
2075,194 447,981 422,016 2945,191 1323,846 276,368
refined petroleum to the United Kingdom, 3s. 10^d.; do. to Lon¬ Tot. this yr. 3,932,137
don, 3s 3d.; do. to Bremen or Antwerp, 3s. 6d.; cases to Cadiz, Tot. Ia9t yr.
4,047,550 1960,049 425,416 Gsi.ois'sorg.-sso 1291,425 305,126
22c. gold; naphtha to Stockholm, 4s. 9d.; crude petroleum to
•Under the head of Charleston is included Port Royal, &c.; under the head of
Dunkirk, 4g. * To-day, business was slow and rates as before. Galveston Is included Indianoia,&c.; under the head of Norfolk, is included City
Grain to London, by steam, 5|@6d.; hops, 9-16d., via Liverpool ; Point, &c.
These mail returns do not correspond precisely with the total of
grain, by sail,.5^d.; do. to Cork, for orders, 4s. 9d.; refined
petroleum to the United Kingdom, 3s. 7^d.@4s.; do. to Bremen, the telegraphic figures, because in preparing them it is always
3s. 3d., August clearance ; do. to Elsinore, for orders, 43. 9d.
necessary to incorporate everv correction made at the ports.
In naval stores a moderately fair business has been done, at
The market for cotton on the spot has been rather more active
full firm figures ; spirits turpentine closes at 32c., and common to during the past week, for export as well as consumption; and,
good strained rosin $1 902l$2 00. Petroleum has been fairly active, with stocks undergoing a rapid reduction, besides being held
and c'oses steady, in sympathy
with higher European advices ; with much firmness, prices have advanced. Quotations were
crude, in bulk, 6±@6£c*.; refined, in bbls., 13c. Ingot copper is marked up 3-16c. on Wednesday and again l-16c. on Thursday,
hardly as firm as of late, closing with 200,000 lbs. Lake at 19|@ to 12c. for Middling Uplands. A decided advance at Liverpool
has also contributed to the improvement that has taken place
19£c. Whiskey has advanced to $1 14, tax paid.
ocean

moderate proportions, both berth and




...

...

..

....

....

.....

•

•

•

•

...»

...

616

[June 30, 1877.

THE CHRONICLE

with us.
To-day, quotations'were further advanced 3-16e., to
12 3-16c., or nearly 2c. above the lowest figures of the season ;
but business was quite moderate.
For future delivery, the week

opened very dull. There was from Friday till the close on
Monday but little change; and the volume of transactions was
quite small; but on Tuesday speculation for a rise was
renewed with much activity ; prices fluctuated widely, but, on
the whole, there was a steady advance to the close of Thursday’s
business, when transferable orders were 30c. per 100 lbs.
higher, at which the speculation seemed to pause. But to-day,
again, there was at one time much excitement, with an advance
of 15 to 20 points in the early months ; the close,1 however, was
only 10 to 15 points higher—in fact, only about 5 points for Sep¬
tember, while the later months can scarcely be said to have

UPLANDS.

ALABAMA.

.

5-16
11-16
15-16
3-16

Low Middling
Uk
Strict Low Mlddl’g 11 9-16

Middling
Good Middling

Ilk
12

Strict Good

Mlddl’g 12k
12k
Middling Fair
Fair

10
10
10
11

111-16
u*

11 9-16

Ilk

*lk

12

12
12 k

12k
12k
13k

12k
13k

13k

10 5-16 10 7-16
10 11-16 10 ’3-16
10 15-10 11 1-16
11 3-16 11 5-16
nk
Uk
11 9-16 11 11-16

Ilk

12k

Mon.

Sat.

Sat.

Uk
12k
12k
12 k
13k

12k
13k

10 7-16
10 13-’.6
11 1-16
11 5-16
Uk
Uk
Uk
11 i1—16 It 11-16 ll 11—16
10
10
11
11

10 7-16
10 13-16
11 1-16
U 5-16

7-16
13-16
1-16
5-16

ilk
12k
12k
12k
13k

uk

12k
12k
12k
13k

Uk

Fair

13k

Th.

10 5-16 10 k
10 11-16 10k
10 15-16 nk
11 3-16 uk
Ilk
11 9-16
11 9—1C Ilk
11 y—16 Ilk
11X
ll 15-16 lik
11 15—16
11 3-16 12
12 3-16
12 7- 6 12k
12 7-16
12 13-16 12 k
12 13-16
13 9—i6 13k
13 9- 6

10 7-16
10 13-:6
11 1-16
11 5-16
Uk
11 11-16

10k
10k
Uk

Th.

FrI.

FrI.

Uk
12k
12 k
12k
13 k

1

ft n>. 10 9-16 m
Strict Ordinary
.0 15-16 Uk
Good Ordinary
11 3-16 Uk
Strict Good Ord’ry. 11 7-16 ilk
Low Middling
11 13-16
Hk
Strict Low Middl’g 11 13-16 12
12
12 3-16
Middling
Good Middling
12 7-16
8trict Good Middl’g
12 11-16
13 1-16
Middling Fair
13 13-16
Fair

10
10
11
11

11

Ilk
uk

■2k
12k
i3k

£00
5i 0

1,IC0

11*56
1T57

2,04)0

1,300
TOO.
$00
400.
100
200.
5i 0

5-16

Th.

FrI.

nk
Uk
Uk

1

The
*05
*07
06
12
*07
*08
200
*

*

11 11-16

ilk
12
12
12
12
13

1-1G
5-16
9-16
15-16
11-16

FrI.

12 9-16

12k

12 13-16
13 3-16
13 15-16

J’ne 23. J’ne 25. J’ne 26. J’ne 27. J’ne 28. J’ne 29.
Good Ordinary
Strict Good Ordinary.
Low Middling

9 15-16

10 9-16

10k

Middling

9 15-16 9 15-16
10 9-16 10 9-16

10k
Uk

Uk

10k
Uk

10 3-16 10k *
10 13-16 11
10 «5—16 11
11 3-16
11 7-16 Uk
11 11-16

10k
icy

Spot Market

1*

Closed.

Fri.

Bat.

port.

Saturday..
Monday..
Tuesday
Wednesday
Thursday..

Quiet, 8t’dy, unch
i^uiet, unchanged

Friday

Firm, higher

.

.

Total

Strong, unch’ged.
Firm, higher
Strong, higher...

*

*

*

318
8:3
608
640
948
553

♦

....

1,545

1/107
314

Quint, <- Steady,
change. uiich’iigd. lower.

September.
October...
November.
December.

March
Tran3f .orders.
Gold

Exchange

little

11-63
11-68
11-73
11-72
U*c8
11-22
11-23
11-37

11*52
li‘67
11*70
105 k
4 fc5k

11*65
11-63
11-79
11-73
11-39
11*23
11-21
1119
11*51
It 61
11-70
105 k

Sales.

S18
823
768
2,1 S5

2,455
956

160

15,000
2:,300
48,500
61,200
47,200

7,505

59
219

.

..

900

11*22

For June
bale*.
cts.
160 s.n. 23d .11*56
100 s.n. 26th .11*60
410
,ll*t3
COO
.11*64

bales.
9 JO

1,300
601)
500
100

100..

.11*65

80U
100
200

.11*70
.11*88

800
400
l.OL'O

.11*91

1,200

600...
100

.12*06

2,600 total June.
For July.
.

1,500
4,300
3,600....
200

1,700
1,716
2.600
1,100
1,600
800

.11*64
..

..

11*66
.11*67
.11*69
.11*70
11*71
.11*72

500

200
100

11*75

4-a5k-

1877.

1,900

1,900.




1,600
1,300
17,100
4,800

...12*01 I

3.500

5,500
..12-01
.12*. 2
..1203
.12-04
..12-05
2d
12-05
.12X6
..

.

...12*15

5,400

...12*06
....12*07
...U*0S
...12*09

6,«i)0
4,300
100
690

1/00
2.00U

.

..

1.100
..12* 8
..12*12

..12*21

500
L00
9.0
500

39.100 total Jnlv.

600..-.

...12*10
...12*11

...12-12
....12-13
....12*14
....12*13
.u-17
....12*14

For August.
200.
11*77
2,100
...11*78
4,: 00
.

5/00
1,700
L.Otf)
4.1(H)
2,500

1/00
1,40"
100

Total Great Britain stock

1/00
...11*81

300

....12*20
....12*21
...12*22

400

12--4
....12*25
....12*26
12*27
....12*28
12*29

3.0U0

.11*79

800

.11*80
.11*87

1,700
1,000
2,900

.11*31

3,000
1,6 4)

1.900....
2.100

1,000
6,100

....11*73
2,700
1,100....... ....1174

..11*86
...11*87
...11*38

260

100
400

1,100
2,100.
5,160

2,300
2,030
5,900
2.7CO

at

Barcelona

Stock at Hamburg
Stock at Bremen
Stock at Amsterdam

Stock at Rotterdam

10,000
52,000
16,500
73,250
57,250
11,500
7,750
16,000

ports..

463,250

382,500

504,000

1.626.500

2,766,796

1,517,750

1,527,250

India cotton afloat for Europe....
American cotton afloat for Europe

376,000
227,003

Egypt, Brazil, &c.,afloatfor E’rope

405,000
187,000
21,000
278,257
35,430
4,000
2,457,937

14.CC0

74.750

S?,250
43,500
89,600
28,250
12.750
60,000

1,517,500
649,000
156,000
3!,0G0
192,270
17,808
2,000
2.565,578

Total European

stocks

Total visible supply..

.

....

.baiee.2,397,253

Of the above, the totals of American and other

680,000
131,000
52,000
239,427
36,869
1,000

descriptions are

American—

642,000
379,000
American afloat to Europe........ 227,000
United States stock
256,914
United States interior stocks
20,589
United States exports co-day

586,000
337,000
187,000
278,257
35,430
4,000

622,000
189,000
156,000
192,270
17,808
2,000

485,000
294,000
131,000

bales.1,525,503

1,427,687

1,179,078

1,187,296
508,000
129,500

Liverpool stock

Continental stocks

....

•

Total American

•••

239,421
36,869
1,00

East Indian, Brazil, dbc.—

Liverpool stock

367,000

426,000

408,000

52,000

105,000

Continental stocks
India afloat for Europe

210,COO

649,000
31,000

680,000

19,000

126,250
405,000
21,000

193.500

356,000

46,000
83,750

London stock

Egypt, Brazil, Ac.,afloat

52,000

871,750
1,525,503

1,030,250
1,427,687

1^386,500

Total American

1,179,078

1,579,500
1,187,296

20)
1.8 JO
800

.12*00

Total visible supply—bales. 2.517,253
Price Mid. Uplands. Liverpool... 6 5-16d.

2,457,937

2,565,578

2,766,796

6d.

7 3-16d.

1D0
800

Total East India, &c

.lv/01
.12*02

These figures

l.SOO
10J
ll 0
soo

.12*15
.12*03
12*07

BOO
12\ y

Auer.

48.600 total Sept.
For September.
..

.11*71

For October.
11*31

400
800
6JJ

U*3<

indicate

a

8k d.

decrease in the cotton in sight to-night

60,684 bales as compared with the same daxe of 1876, a
decrease of 168,825 bales as compared witfc the corresponding
of

date of 1875,
with 1874.

and

a

decrease of 869,543 bales

at

compared

receipt*
shipments for the week and stock to-night, and for thG
corresponding week of 1876—is set out in detail in the following
At the Interior Ports the movement—that is the

and

statement:

,

129,500

.11*98

2,400

200

109 500 total

Stock

1874.

1875.

1876.

1.122.500
157,000

218,500

20,539

1,100.....

65k

1,135,OCO
165,750
8,500
80,750
15,000
42,750
39,500
10,000
4,250
16,000

1,055,000

United States exports to-day

SCO
400

!<l5k
4

1.200

.

400

510
W»

1

105)4
4'85k

1,064,000
176,000
8,000
88,750
15,000
54,250
61,250
15,500
19,000
25,500

46,0C0

Stock in U. S. interior ports

710....
900

105k
4*3ak

993,000

3,800

.l‘,y
.11*80
.11*81
.11*82
.11*33
.11*81
l'*35
.11*88
.1189
.11*90
.11-91
11*92
.11*91
11*94
u*95

105k
4*85k

1,030,000
105,000

235,200

1,700.

11*38
11*39
11*52
11**5
11*79
1210

11-S3

1,012,000
52,000

1,009,000

42,000

.11-73

12-23
12-00
11 "59
11-40
11*41
11*54
11*63
11-81
12-20

462,750

Stock at Liverpool
Stock at London

19,COO
256,914

Cts.
11*77

12-17
12-18

12-07
11-91
11*55

11*92
11*95
12*02
11*91
11*52
11*85
11*36
11-51
11-64
11*18
12*10

as

Stock in United States ports

cts. < bales.
...12*10
1.400
...lc*« 1 | 1,203
400..
....12*02 !

.11*78

1,700
530
100
COO

800
200
500

..11-95
..11-96
..11 97
..11*98
..11-99

bales.

1,00’

1,600-600
600
*300

400
400
100 s.n.
200
LOO

cts.

.

11*21
11*18
11(3
U*r7
11*70
105 k

409
200
200

For forward delivery, the sales (including
free on board)
have reached during the week 235,200 bales (all middling or on
the basis of middling), and the following is a statement of the
sales and prices:

12*01
12*03

11*31
11*48
1162
11*76
11*59

11*89

4-85k

higher.

11*77
11*80
11-91
11 $3
11*49

11*12

Total continental ports

900

,

Fri.

Firm,
higher. Irregular.

of Cotton, as made up by cable and
follows. The continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (June 29), we add the item of exports
from the United States, including in it the exports of Friday
only;

Deliv¬
eries

1,200

Easy,
higher,

11-62
11*65
11*78
.

Tbura.

Wed.
More active.

The Visible Supply

telegraph, is

FC7TURE8.

Tran¬
Total.
sit.

...

3,890

3,395

....

ConSpec¬
sump. ulate

:

Tues.

Mon.

Quiet

Stock at other continental

SALES OF SPOT AND TRANSIT.
Ex¬

1.900 total March

MIDDLING UPLANDS—AMRBIOAN CLASSIFICATION.

Stock at Antwerp

MARKET AND SALES.

.11-80
.11-81
.11*84

200....
200....

following will show the closing market and prices bid for

Stock at Marseilles

Fri.

1.100....

*11 pd. to t xch. 400 Sppt. for Aug.
11 pd. to exch. 1,000 Sept, for Aug.
*15 pd. to exch 5j0 Sept for Aug.
1(0 July s. n. for Regular even.
•49 pcRto exch. 200 Oct. for Sept.
*17 pi. to exch. 2 )0 Sept, for Aug.
•20 pd. to exch. 200 Sept, for Aug.

future delivery, at the several dates named

Stock at Havre

Th.

11-eT
.11-73
11-74

following exchanges have been made during the week:

....

Uk

STAINED.

Sat. Mon. Tues Wed.

|

pd. to exch. 501 Sept, for Aug.
pd. to exch. 4u0 July for Sept.
pd. i o exch. 7< 0 J uly for S - pt.
pd. to exch. 2,10° July for Aug.
pd. to exch. 6 M) July for tept.
pd. to exch. 501 July for Aug.
June for J uly even.

The

HP....
100....
100....

For January.
r.-s*
100...
11-47
1,500...
11-4S
;00-...
1 -50
200
11-51
ioa...
11-53
6U0...
^

1*

9,100 total Nov.

January..
February.

12k
3k

1

14,300 total Oct.

august...

!0 11-16 10k
11 1-16 Uk
11 5-16 Uk
11 9-i6 ilk
11 15-16
Uk
11 15-16 12k
12 5-16
Uk

13

..

11-60
11*62
11*64
14*6*5
Il-i6.

For March.
100.
.11-65
-

100

February.

1,000 total Feb.

—

...11*1!)
...11*41
11*42

510.-

.

For
103
3<C
100
400
100

6,000 total Dec.

...11*3!)

103

1163
11*64
..11*65
..11-65
,

July

J’ne 23. J’ne 28. J’ne 29.

10 k

1,2X..
1,100

..11*63

•J00.

...11-35
...11*35
...11*38

Cf»

11*54.

2,700 total Jan.

...

ll 0

103
SOU
HO

bales.
100

...

....

.’.1-53
,.11*59
,.14*60
,.11*61

Jane

7-16 10k
13-16 11
1-16 Uk

11 11-18 Uk
11 11-16
Ilk
12 1-16 Uk
12 5-16 12k
12 9-16 12 k
12 15-16 12k
!3 11-16 13k

10 11-16 10k
11 1-16 Ilk
11 5-16
uh
11 9-16 Uk
11 12-16 l’-k
11 15-16
i*k
11 13-16 12
11 15-16 12k
12
12 3-16 12k
12 5-16
12 7-16 12k
12 9.-16
12k
12 k
12 11-16 12k
12 13-16
13 1-16 13
13 8-16
12k
U 13-16 ISk
'3 15-’6
:3k

33
1%

9-16
15-16
3-16
7-16

10
10
11
11

10k

Til.

J’ne23. J’ne <9. J’ne 28. J’ne 29. J’ne 28

Ordinary

..

Market close 1

12k

Tues Wed. Tnes Wed Tnes Wed. Tues Wed.
J’ne 21. J’ne ^6. J’ne^7
J’ue2t>.'J’ne27. J’ne 26. J’ne 27 J’ue

Ordinary
lb. 10 5-16.
Strict Ordinary
:0 H-16
Good Ordinary
10 15-16
Strict Good Ord’ry. 11 3-16
Low Middling
iik
Strict Low Middl’g 11 9-16
11X
Middling
Good Middling
12
Strict Good Middl’g 12k
12k
Middling Fair

11*48
11*41
.11*50
11-5.*
11*53
11*54
.11*55

For December.
bates.
cts.
400....
11*25
11*30
1,200....
11*32
1.000....
11*33
100....
11*34
100....
11*35
LOO
11-37
10,)....
11-35
400
11*9.9
100...
11*40
900....
..11*41
1,(03....
11*42
300...
11-41
200....

For November.
cts.
bales.
400
..11*21
..11*22
1,< 00
800
..11*23
...11-21
1.3(H)
! 00
..11-25
2ou
...il- !7
400
...11 23
soo
...U-.9
100...
201)
...11 31
€00
...11-32

Mon.

J ’ne 25 J’ne 23. J’ne 25. J’ne 23. J’ne 25.

5-16
11-16
15-16
3-16

10 5-16
10 11-16
10 15-16
11 8-16

TEXAS.

N. ORLEANS.

Moil.

Sat.

J‘ne23. J’ne25. J’ne23

Ordinary
..$ lb. 40
10
Strict Ordinary
Good Ordinary
10
Strict Good Ord’ry. 11

T.-46

100

delivery for the week are 235,200
bales, including — free on board. For immediate delivery the total
sales foot up this week 7,505 bales, including 3,396 for export,
3,890 for consumption, 219 for speculation, and
in transit.
Of the above, — bales were to arrive.
The following tables
show the official quotations and sales for each day of the past week:
Sat. Mon.

11-41

100
2‘. 0
90U
3( U
100
400

advanced at all.
The total sales for forward

New Classification.

cto.
11 40

ba’es.
TH)

June

SO, 13V7.J

THE CHRONICLE.

Week ending June 29, 1877.
|

Receipts. Shipments. Stock.
Augusta, Qa
Columbus, Qa
Macon, Ga
Montgomery, Ala
Selma. Ala (est.)...
Memphis, Tenn
Nashville, Tenn...

72
59
11
89
50
318
89

Total, old ports.

0:38

..

—

Dallas, Texas
Jefferson, Tex.
Shreveport, La
Vicksburg,Miss....
Columbus, Miss....
Griffin, Ga
Atlanta, Ga

Rome, Ga—
Charlotte, N.C
St. Louis, Mo
Cincinnati, O

2,636
2,317

3,933

81
•

•

•

•

....

•

.

•

•

834
661
133
243
269

2,607
3,492
1,178
2,195

3*,958
467

24,057
1,101

6

648

10,802
2,034

60
100
761
13

6,303

20,539

1,077

6,085

35,430

138
.302

8
18
197
426
5

15

353
296
4 6

82
369
133
110
....

....

25
7
31

71
102
41

293

1,087
4,319

1,427

83
51

Shipments. Stock.

911

4

14
286

'Receipts.

1,239

r*

..

Eufaula, Ala

894
306
325
71
123

Week ending June 30, 1876.

600

33^
758
40
389
76

1,593

....

431
695
403
....

1
16

800

1,229
122
740
194

2,457

383

6

55

340
4,082
6,765

90
337
763

110

80
191

543

5,260

1,383

promisingly.
accounts

are

and weeds

are

lesome.

617

In some sections of Mississippi, however, crop
less favorable.
They are having too much rain,
growing

so

rapidly that they

are

becoming troub¬

From Dallas County, Alabama, we hear rumors of
the
appearance of caterpillars, but do not think them of
any conse¬

quence.
Average thermometer 87; highest 100 and lowest 75.
The rainfall for the week is eleven hundredths of an
inch.
Montgomery, Alabama.—We have had rain on two days this
week, the rainfall reaching seventy-four hundredths of an inch.

Average thermometer 83; highest 96 and lowest
developing promisingly.
Selma, Alabama;.—Telegram not received.

73.

The crop is

Madison, Florida.—The weather

week.

There has been

no

has been warm and
dry all the
The thermometer has aver¬
and the lowest 82.
Weeds, stim¬

rainfall.

aged 87, the highest being 92,
ulated by recent rains, are
becoming very troublesome.
Macon, Georgia.—We have had no rainfall this week. Aver¬
age thermometer 83; highest 96, and lowest 66. Cotton blooms

14,320

the 23d inst.

were seen on

Atlanta, Georgia.—We have had showers on three days and it
Total, new ports
2,164
6,356
15,222
1,S97
3,543
25,e4S has rained steadily two days, the rainfall aggregating one
and
fifty hundredths inches. The thermometer has averaged 79, the
Total, all
2,802
12,659 35,811
2,974
9,028 61,078 extremes
being 64 and 90.
The above totals show that the old
Columbus, Georgia.—It has been warm, sultry and wet this
Interior stocks have
decreased during the week 5,663 bales, and are
to-night 14,841 week, the rainfall reaching seventy-five hundredths of an inch,
bales less than at the same period last
The receipts at the and the thermometer averaging 83.
year.
same towns have been 439 bales less
than the same week last year.
Savannah, Georgia.—Rain has fallen on four days of this
week,
the rainfall
reaching one and forty-four hundredths inches. The
Weather Reports by Telegraph.—The
past week has weather has been very warm.
been more or less
Average thermometer 84; highest
showery in almost every Southern State. At 99 and lowest 71.
very many points this was greatly needed, and
has, therefore,
Augusta, Georgia.—We have had rain the earlier
been decidedly beneficial ; but other sections
portion of
have now had all the
week, heavy on two days, and
the rain they
delightful showers, which
require, and warm, dry weather is greatly to be
apparently
desired.
Still, we do not suppose any considerable harm has been clear extended over a wide surface, but the latter part has
and pleasant.
The crop is developing
been done anywhere as
yet, though the grass and weeds are at The fields ate clear of
promisingly.
weeds, and accounts continue very favor¬
many points reported as becoming troublesome, and some rumors
able. Average thermometer 81;
of caterpillars are heard.
highest 97 and lowest 69. The
In Texas there has been less rain than
rainfall has reached one inch and
forty-two hundredths.
during late weeks, and the weather has been hotter, so that the
Charleston, South Carolina.—It has been showery four
condition there is more
days
satisfactory again, and the prospect is this week, the rainfall
reaching one inch and eighty three hun¬
very promising.
dredths. The thermometer has
averaged 83; the highest being
Galveston, Texas.—The weather has been warm and dry
during 100 and the lowest 70.
the week.
Crops are prosperous but there is still some cater¬
The following statement we have also
received by telegraph,
pillar talk. Average thermometer 84, highest 92 and lowest 77.
Indianola, Texas.—It has been very hot and dry this week, the showing the height of the rivers at the points named at 3 o’clock
June 28.
We give last year’s
thermometer averaging 86 and
figures (June 29, 1876) for com*
ranging from 79 to 94. There parison:
are some worm
reports, but there has been no damage done yet.
<—June 23. ’77-* r-June
Crop accounts are more favorable since the cessation of the rains.
29, *76.-<
Feet.
Inch.
Feet.
Inch.
Corsicana, Texas.—There has been a shower here on one
Below high-water mark..
day,
4
6
the rainfall reaching thirteen hundredths of
4
10
an inch.
.Above low-water mark...
The ther¬
23
5
21
2
mometer has averaged 82, the
.Above low-water mark...
8
4
highest being 96 and the lowest
5
0
71. Tbe weather has been
.Abovelow-water mark...
21
2
11
3
very hot. Crops are doing admirably.
Above low-water mark...
40
2
£8
Dallas, Texas.—We have had a shower this week, with a rain¬
8
fall of twenty-five hundredths of an
New Orleans reported below
inch. Average thermometer
high-water mark of 1871 until
84, highest 92 and lowest 74. Prospects are
good and the crop Sept. 9, 1874, when the zero of gauge was changed to high-water
is developing finely,
mark of April 15 and 16, 1874, which is 6-lOths of
though£ite.
a foot above
New Orleans, Louisiana.—We have had no rain all
the week. 1871, or 16 feet above low-water mark at that point.
The thermometer has
averaged 84.
European Cotton ^Consumption to June 1.—We are
Shreveport, Louisiana.—The condition of the crop is very satis¬
now
factory, and the plant looks healthy and promises an excellent in receipt of Messrs. Ellison & Co.’s circular of June 9, which
yield. The earlier part of the week just closed has been
showery, enables}us]to bring down our statement another month of the
but the latter part has been favorable
for crop purposes.
Aver¬ European consumption of cotton. Our last
figures were to April
age thermometer 84; highest 95 and lowest 73.
The rainfall is
26, and tliSse are to May 31, or say June 1.. For the five months
forty hundredths of an inch.
Vicksburg, Mississippi.—The rainfall during the week has been from January 1, the movement has been as follows:
one inch and
thirty hundredths, rain having lallen on four days’
From Jan. 1 to May 31, ’77.
Average thermometer 81; highest 95 and lowest 68.
Stock, Spinn’rs*
Stock,
Columbus, Mississippi.—The rainfall for the week is
Imports Exports Imports May 31. takings
Jan. 1.
fifty-three
hundredths of an inch. The crop is in
to May 31
Total
Actual.
Net.
good growing condition,
but is not fruiting well.
Rains partial.
GR’T BRITAIN:
Little Rock, Arkansas.—It has been
cloudy portions of every American
273,910 1,377,060
day this week, with a thunder storm Tuesday,
46,390 1,330,670 746,990
857,590
accompanied by Brazilian
73,090
227,870
heavy rain and wind. We have heard of no material
2,450
223,420 167,730
130,780
damage Egyptian
105,100
153,620
resulting, however. We have had rain on
8,130
145,4 ;0 134,23*
116,360
Wednesday and Smyrna, &c
80
920
10
Thursday, but it is now clear and hot. Average thermometer
910
140
850
West Indian, &c....
77, highest 89 and lowest 67. The rainfall for the week
14,520
2^,040
6,030
22,610
22,9S0
14,150
is two East Indian
inches and seventy-one hundredths.
.121,300
285,9,0 134,560
We are
151,439 136,350
136,380
having too much
rain for planters ; it is
Total G't Britain,’77.
flooding their fields.
588,000 2,074,100 197,570 1,876,530 1,208,420 1,256,110
Oakley, Arkansas County, Ark.—1 have inquired of the packets Same time 1876
673,070 1,826,500 219,700 1,706.800 1,108,280 1,271,590
running on the river, and find every plantation on the
nqrtli
side is, or was, under
’

'

.

water, except a few back of New Gas¬
Spinn’rs’
Stock,
Imports Imports
Total
cony, on upland ; on the south side
Stock,
takings
they were free from water
Jan. 1.
direct. indirect. imports.
CONTINENT:
from the mouth of the Arkansas
May 31. o May 31
for about fifteen or
twenty
miles (some ten or twelve
206,890
572,315
46,390
plantations); from there to South Bend American
618,735 380,260
415,360
all land is under but one
16,480
17,301
place, and that partially ; from South Brazilian..
2,451
19,752
17,061
19,171
Bend to Sarassa all were out of
Egyptian
7,000
62,59J
8,135
70,734
9,88C
67,854
about 600 acres, which was water, except one place that has Smyrna, &c
15,490
10
71,268
under; from Sarrassa to Little
71,278
30,641
56,124
Rock, all are under water except two
West Indian
10,830
9,205
6,031
15,23r;
places ; the river at my
10,710
15,320
place was two feet higher than ever known. Some
East Indian
66,320
180,352 134,555
314,907
39,484
341,743
say they
will re-plant
cottqjp, but it will be too late. Corn will have time Total
to make,
Continent,1877
328,010
913,070 197,572 1,110,642 488,030
if the wdrms do not eat up the
945,572
Same time, 1876
374,919 1,133,439 219,702 1,353,14
Nashville, Tennessee.—There have beenyoung plant. two
484,334 1,343,726
showers on
days of
the week, the rainfall
reaching twenty-seven hundredths of an Total Europe, 1877.. 911,011
2,987,17x- ',696,500 2,201,688
inch. The thermometer has
ranged from 77 to 87, averaging 79. Total Europe, 1876.. 1,047,98!
3,059,911 1,592,614 2,515,316
Memphis, Tennessee.—Rain has fallen this week on four
days,
the rainfall
This table shows that the
aggregating one inch and seventeen hundredths. We
takings during May have been less
are
having too much rain. The days have been warm, but the than during the same month a
year ago, the total decrease, com¬
nights have been cold. Grass and weeds are
growing so fast pared with last year, being at the close of this month
that they are
.

.........

313,634
becoming seriously troublesome. Many blooms are
bales, against a decrease at the close of April of 244,810 bales.
Average thermometer 79; highest 93 and lowest 66.
Mobile, Alabama.—It has been showery one
day, but the rest We shall see the progress of the movement more plainly in the
or the week
has been pleasant and warm.
In Alabama the cot¬ following statement of the net
ton plant looks
imports and takings for all of
strong and lr althy, and the crop is developing
Europe for each month given separately:
reported.




All

of

Spinners’
takings.

Net

'pinners’

Imports.

takings.

888,734
480,021
592,158
522,242
501,017

606,566

703,302

514,690

354,580

707,110

487,990

712,034
589,936

539,255
505,301
399,256

2,987,172

2,201,682

2.470,0. 5

Month.

Net

Imports.
January (5 week*-)
February (4 weeks)
March (4 weeks)
April (4 weeks)
May (5 weeks)
Total

"

From the

stocks.

346,659

353,605
398,541

556.814

2,515.316

above, spinners appear to be still decreasing their

Last month in all

Europe they held about 168,000 bales
each, against 303,0(^0 bales the same time a year ago.
The foregoing shows they had on June 1st only 127,000 bales of
same weight, against 342,000 bales in 1876.
This fact, taken in
connection with the decreased supply for the balance of the
year, shows how strong the statistical position of cotton is.
The tendency of prices must therefore necessarily continue
upwards; and yet, if our crop shall through the summer
months promise a large yield, spinners
will keep their
to
the
stocks
down
very
lowest point;
and more
especially will this be so as long as there remains any

of 400 lbs.

possibility of an extension of the war in Europe. Still, these
figures suggest great sensitiveness to the market until it is
assumed that the next crop is to be a full one.
The European
supply and takings since October 1 (eight months) have been as
follows:
From

Stock,
Oct. 1.

Oct.l,’16,to May 31,’17.

Stock, Spinn’rs’
Imports Exports Imports May 31. takings
to May 31
Total.
Net.
Actual.

1,873,970
313,270
295,950
350
1,310
20,600
51,540
211,450
461,490
742,280 2,997,530
811,370 2,801,790

Brazilian

Egyptian
Smyrna, &c
West Indian, &c....
East Indian
\

Total Gt. Britain....




79,710 1,794,260
310,440
2,830
285,461
10,490
10
1,300
40,230
11,310
233,900
227,590

338,250 2,659,280 1,208,120 2,193,140
423,540 2,378,250 1,108,280 2,081,340

303,190
147,680
59,010

Same time 1876

746,990 1,350,460
290,390
167,730
210,240
131,230
140
1,510
22,980
37,850
302,690
126,350
-

-

Stock,
Oct.

CONTINENT:

1.

direct.

266,040

American

725,070

Brazilian

14,420

39.550

Egyptian

6,000
20,640
17,010
101,100

127,960

Smyrna
West Indian
East Indian

281,980

425,810 1,217,290
415,410 1,537,050

Total Continent, ’77.
Same time 1876
1

Total Europe, 1876..

91,210
11,460

168,090

1,£26,780 !

Total

Stock,
indirect. imports. May 31.

Imports Imports

804,780

79,710
2,830
10,490

42,380

138,450
91,780
22,770
515,880

10

11,310
233,900

1,615,540
423,540 1,960,590

338,250

11,000 bales.
3,700 bales.

Stocks to-day in New York
Stocks to-day in Boston

Spinn’rs’
takings
to May 31

3S0,270
17,030
9,880
30,640
10,750
39,480

691.150

488,080

1,553,270
1,891,666

48 *,334

39,743
134,570
81,260
29,030
577,500

4,274,820 1,696,500 3,746,410
4,338,840 1,592,614 3,973,006

gives us the first indication we have had in
these tables of a falling off of the supply.
The total European
imports last year to June 1 were 4,338,840 bales ; this year they
have been 4,274,820 bales.
Correction.—We regret that last week, through a clerical
error, the Galveston Stock was stated in our table of United States
Stocks at 1,448 bales, instead of 14,480 bales. Consequently, our
stocks were 13,000 bales too small, and our visible supply showed
a decrease
13,000 bales greater than the actual decrease. This
error was so palpable that it probably misled no one, and yet so
important and considerable, that it makes this correction

....

29—3:30 P. M.—By Cable prom Liver,
pool.—Estimated sales of the day were 10,000 bales, of which
1,000 bales were for export and speculation. Of to-day’s sales
6,900 bales were American. The weekly movement is given as
Liverpool, June

lollows:

Mon

Satur.

Sf/Ct.

Shipments.—According to our cable despatch received
to-day,there have been 15,000 bales shipped from Bombay to Great
Britain the past week, and 7,000 bales to the Continent; while
the receipts at Bombay during this week have been 10,000 bales.
The movement since the 1st of January is as follows. These are
the figures of W. Nicol & Co., of Bombay, and are brought
down to Thursday, June 28:
^-Shipments this week-,
Great
Con*
Britain, tlnent.

Total.

.-Shipments since Jan. 1-,

,—Receipts.—

Total,

This
week.

Since

347,000 887.000 734,000 10,000 960,000
623,000 313,000 834,000 12,000 966,000
740.000 388,000 1,128.000 17,000 1,214,000
From the foregoing it would appear that, compared with Iasi
year, there is a decrease of 21,000 bales this year in the week's

1877..... 15,;00
1376
33,000
1375
28,000

7,000
10,000
9,000

22,000
43,000
87,000

1,009,000

657,000
20,000
9,000
6,000
250,000
108,000

642,000
33,000

680.000

29,000
18,000
5,000
214,000
98.000

7.000

20,000
4,000
253,000

103,000

..©6 X

..©6 7-16 ..@6^

Uplands, Low Middling clause, unless other

wise stated.
Saturday.

| July-Aug. delivery, 6Xd.

Monday.

Aug.-Sept. delivery, 6yd.
I May-June shipment, sail, 6 3-161.
I

Aug.-Sept. delivery, 6 7-32d.
July-Aug. delivery, 6 5-32d.
July-Ausr. delivery, 6 3-16d.
Sept.-Oct. delivery, 6 9-32d.

,

I June

delivery, 6 5-3id.

Tuesday.
Nov.-Dee.

shipm’t, eail, 6 9*32d.
June-July delivery, 6 7-32d.
Oct.-Nov. delivery, 6%d.
June-July delivery, 6 3-16d.
Nov. shipment, sail, 6 5-16d.

June-July delivery, 6 3-16d.
July-Aug. delivery, G 3-16©7-32d.
Aug.-Sept. delivery, 6 9-32d.
Sept.-Oct. delivery. 6 1 l-32d.
May shipm’t, sail, 6 3-16d.

Wednesday.

Sept.-Oct. delivery, 6 7-16d.
Oct.-Nov. delivery, 6 7-16d.
Oct.-Nov. shipm’t, sail, 6%d.
Julj'-Aug. delivery, 6 9-32d.
Sept.-Oct. delivery, 6 13-32d.
Landing, 6 9-32d.

June-July delivery, 6K©9-32d.
July-Aug. delivery, 6)£©9-32d.
Aug.-Sept. delivery, 6 Il-32d.
Sept.-Oct. delivery, 6 13-32d.
Aug.-Sept. delivery, 6%d.
June-July delivery, 6 5 16d.
July-Aug. delivery, 6 5-16d.

Thursday.

I July-Ang. delivery, 6 5-16d.
| Sept.-Oct. delivery, 6 l3-32d.
July-Aug. delivery, 6 9-32d.
| Aug.-Sept. delivery, 5 ll-32d,

July-Aug. delivery, 6 l!-32d.
Aug.-Sept. delivery, 6,,£©13-32@}£d.
Sept.-Oct. delivery, 6 7 ltid.
June-July delivery, 6 5-16d.

Friday.

| July-Aug. delivery, 6^d.
June-July delivery, 6 9-32©Xd.
July-Aug. delivery, 6 5-16©9-32d.
1 Ocr.-Nov. shipment, sail, 6 ll-32d.
Aug.-Sept. delivery, 6 ll-32d.
I July-Aug. delivery, 6 9-32d.
| Nov.-Dec. shipm’t, sail, 6 ll-32d.
Sept -Oct. delivery, 6 7-16©13-32d.
The Exports of Cotton from New York, this week, show an
as compared with last week, the total reaching 8,128
bales, against 3,603 bales last week.
Exports of Cotton(bales) from New lforlc since Seot.1. 1876

increase,

Same

WEEK ENDING

Total
to
date.

EXPORTED TO

June
20.

June
27.

6.461

277

8,028

5,221

3,208

14,640

11,682

l 485

72

350

June
6.

5,890
8,750

Liverpool

Other British Ports

Total to Gt. Britain

June
13.

Havre

Other French ports

•

Bremen and Hanover

Hamburg

The

•

•

•

•

•

•

•

15.346

•

•

2,615

8,688

2,615

14,140
2,878
C,l?l

22.635

23,198

64,676

2.890

It
400

•

•

•

This

This

Since

week.

Sept 1*

5,608

1,374
3s3

122,726

Since

....

'

•

•

•

•

750

3,640

421

397,629

8,128

424,107

New York, Boston,
1, <o»

philadelp’ia

15,359
9.546
318 25,4 i 4

82.695

•

•

8,404
33,637

week, and since Sept.

week. Sept.1.

140,767

• •

•

....

3,603

14,182

BOSTON.

NEW YORK.

• • •

•

•

•

1,750

rkcb’ts prom

ihipments from Bombay to Europe, and that the total movement Savannah...*.
since January 1 shows a decrease in shipments of 102,000 bales,
Mobile
oompared witn the corresponding period of 1876.
Gunny Bags, Bagging, Etc.—Bagging still rales quiet, but S’th Carolina
tPth Carolina.
there is an increased inquiry to be noted from the South.
We Virginia
quote for full standard quality 12|<®12fc., with sales for the North’rn Ports
week of 1,200@2,000 rolls.
A more active trade is looked for in Tennessee, Ac
the near future. Bales are still quoted at 10c. for India. Bags are Foreign
quiet 8nd held at 12c. for 440s. Butts still rule steady in tone, with Total this year
a quiet market.
Prices are quoted at 3^@3fc. for spot parcels, Total last year.
according to quality. Sales for the past month aggregate several

356,395

•

•

•

following are the receipts of cotton at

Texas

362,103

100

118

Philadelphia and Baltimore for the past

New Orleans..

2,928

• •

'

•

•

Spain, Ac

353,467

35,434

100

100
18

•

1,750
•

Grand Total

•

400

634

Spain. Oporto* Gibraltar Ac
Total

•

•

All others

•

•

«

400
•

Other ports

Total to N. Europe.

326,669

•

8,028

350

600
34

.

year.

•

72.

Total French

period
prev’ua

8,688

•

•

•

•
•

Jan. i.

Great
Con*
Britain, tlnent.

1,030.000

10.000
1,061,000

..©6 5-16 ..©6>«

@6%

55,000
4,000
37,000
2,000

5.000
54,000
5,000

Thurs.
Fn.
Wednes.
Tues.
..©6 5-16 ..©6 5-16
..©6 3-16 ..©6>4

.

©6 3-16 ..©6*

Futures.
These sales are on the basis of

June 29.

49,000
5,000
29,000
2,000
6.000

dally closing prices of cotton for the weei:

The following table will show the
Mid. Upl’ds
Mid. Orl’ns

June 22.

June 15.
79,000

June 8.
Sales of the week
71,000
bales
4,000
Forwarded
45,000
Sales American
5,00(3
of which exporters took
of which speculators took
7.000
Total stock
1,109,000
of which American
711.000
Total import of the week
25,000
of which American
11,000
8,000
Actual export
227,000
Amount afloat
of which American
86,000

This statement

necessary.
Bombay

14,700 bales.
34,642 bales.
30,742 bales.

Total

Arrivals in June have been
Deliveries in June have been.

June—July delivery, 6>b<L
Aug.-Sept. delivery, 6 a-16d.

GR’T BRITAIN:

American

3£<a)3£c., with one or two parcels of choice
bagging quality at a shade better figure. To arrive, about 6,500
bales sold at 3£@3£c., gold, according to location and quality; the
latter price for bagging quality.

thousand bales at

1876.

1877.

Europe.

[June 30, 1877.

CHRONICLE.

THE

HI8

This

week.

Since

This

Since

Sept.1. week.. Sept.1
•

....

811

BALTIMORE.

2480
13,937

•

4S4

22',935

6^155

....

297
198
334

13.106
99.702

•

•

• •

463

90^960

12 095

*

78,721
220,895

1,500

94,717

•

•

•

• •

•

-

120,569
4,092

1,712 97,512

‘362 44^063

200

8,443

895.358

3,993 330,201

1,173 60,780

7,609

891,771

5,188 284,893

*49

222

51.427

•••

13
83
203

548

18,877

13,291
58,011

49

•

•

• •

5,500

733.

113,685

36’

irg,'55

June

30, 1817.1

THE CHRONICLE

Shipping News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
31,122 bales.
So far as the Southern ports are concerned, these

the same exports reported by telegraph, and published in
The Chronicle last Friday. With regard to New
York, we
include the manifests of all vessels cleared
up to

and, under

Wednesday
Total bales.

Nsw Your-—1To Liverpool, per steamers Russia,'4,015.
City of Rich¬
mond, 19 ...Algeria, 79
Tycho Brahe, 673....per 3hips Empire
of Peace 1,504... Ispahan, 1,737
8,023
To Bremen, per steamer Oder, 100
100
New Orleans—To Liverpool, per steamers
Borussia, 2,9S7.. ..Van¬
guard, 2,263— Chilian, 2,5*74....Elvira, 1,010
8,829
To Grimsby, per ship Gov. JVLorton,
4,6C9
4,609
To
.

Havre, per ship Pleiades, 4,062
4,062
Savannah—To Liverpool, per ship Cosilda, 3,305
Upland
o,306
Baltimore—To Liverpool, per steamer Nova
Scotia, 437
437
Boston—To Liverpool, per steamer Victoria, 1.714
1,714
San Francisco—To Liverpool, per bark
Cape Finisterre, 37 (foreign)..'
37
Total

The
are as

31,122

particulars of these shipments, arranged in
follows:

Liverpool.

New York

Grimsby.

8.028

New Orleans
Savannah
Baltimore
Boston
San Francisco

..

navre.

...

8,829
3,306

The

....

✓

.

8.123

17,500
3,306

..

..

....

....

'

'....

1,714

437

1,714

....

87

.

37

.

Total
22,351
4,609
4,032
100
31,122
Below we give all news received to date of
disasters, &c., to
vessels carrying cotton from United States
ports :
Alice (Br.), str., Ellis, from New Orleans, at
Liverpool, collided night of
June 21 with bark Margaret
(Br.), Barker, from Mobile for Europe.
...

Both vessels were somewhat
damaged.
June 8.—Part of a mainmast and a bale of cotton

Ireland, June 8.

were

passed off Galley Head,

Jane 9.—Several bales of cotton were washed ashore in
the neighborhood of
Port Magee (Ireland);
they appear to have been a long time in the
water, and some of them have been injured by fire.
•

Cotton

freights the
Steam.

Monday—
Tuesday...
Wedn’day.

Thursday..
Friday

Market auiet.

Steam.

d.

9-32
>£@9-32
>$@9-32
>£@^-32
>£@9-32
>£@9-32

as

follows

:

,,—Havre.—*,—Bremen.—,,—Hamburg.-,

Sail.

d.

Saturday..

past week have been

Liverpool.

,

c.

hi comp.
hi comp,
X comp.
hi comp,
hi comp.
hi comp.

hi
hi
y2
hi
y2
y2

comp.
comp.
comp.
comp.
comp.

comp.

Sail.Steam.
c.
—

Sail. Steam.

c.

c.

9-16 comp.

—

—
—
—

—

9-16 comp.
9-16 corap.
9-16 comp.
9-1 o corap.
9-16 comp.

—
—

—
—
—

—

c.

Sail,
c.

c.

X comp. —®—
X comp. —@—
X comp. — @—
X comp. —@—
hi comp. —@—
X comp —@—

BREADSTUFFS.
Friday, P. M., June 29, 1877.

The flour market has been somewhat
The arrivals hare
slightly increased,

irregular the past week.
and, though still hardly

are

the closing quotations:

Flour.
No. 2
W bbl. |3
50® 4 75
iaperflne State & Western
5 40® 5 60
Estra State, <fec
6 C0@ 6 70

Western

6 40® 6 P6
7 Oo@ 9 75
6 50.iL 9 75

-

Grain,

i
,

Spring Wheat

extras
do XX and XXX
do winter X and XX..
do Minnesota patents..

.

Wheat—No.3 spring,bush $1 40® 1 48
| No. 2 spring....
1 58® 1 65
| No. 1 spring
1 70® 1 75
Red Western
Amber do

|

1 5u® 1 80
1 903, 2 00
1 85ft 2 10

White

,

Corn-West'n mixed,

|

Yellow Western,

new

8 C0@11 00 |
Southern, ne.v
City shipping extras..
6,00® 7 50 j Rye
City trade and family
| Oats—Mixed
brands
8 00® 9 25 I
White
Southern bakers’and fa( Barley—Canada West...
mily brands.
8 25® 10 25 I
State, 2-rowed
Southern shipp’g extras.. 7 25® 8 00 |
State, 4-rowed
Rye flour, superfine
4 25® 5 00 i Barley Malt—State
Corn meal—Western, &c. 3 10® 3 30
| Canadian
Corn meal—Br’wine. <fec. 3 45® 3 50 | Peas—Canada.bond&free
..

..

,

...

55®
59®
62®
74®

62
63
67
93

35a

55

42®
90®
70®
75®
90®
1 10®
95®

60
1 10

75
80
1 10
l 30
1 15

THE DRY GOODS TRADE.

Total.

100

4,062

following

usual fora?,

Bremen.

....

4,609

437

our

a pressure to

sell, prices have given way materially,
closing dull at 4G@47c. for No. 2 mixed and white.

are

night of this week.

619

Friday, P. M., June 29, 1877.

Business has been irregular the past week with the
package
houses, and not so large in volume as when last reported upon,

though fairly satisfactory for the time of

year. The larger
Western jobbers continued their operations in
flannels, blankets,
and other makes of staple cotton and woolen
goods, but on
account of

stock-taking, city jobbers bought lightly and in strict
tendency of
imparted firmness to
values generally, and some
descriptions of woolen goods which
have been largely distributed within the last few weeks have an
upward look. The auction season, which has been a fairly satis¬
factory one, was brought to a close, and public sales will not
probably be resumed until about the middle of August. The
only important sale of the past week was made by order of
Messrs. Hardt & Co., who, on Friday, offered 4,000
pieces overcoatirgs, cloakings, &c., in package lots.
accordance with immediate wants.* The
advancing
the great staples—wool and cotton—has

Domestic Cotton GooDS.-=-Tlie
this port for
which were

exports of domestics from
the week ending June 27 reached 1,638 packages,

shipped as follows: Great Britain, 840 packages;
Mexico, 289; Chili, 101; Cisplatine Republic, 88; Brazil, 69;
Argentine Republic, 52; Venezuela, 45 ; Africa, 39; British West
Indies, 37; Dutch West Indies, 27, etc., etc. Prices of cotton
goods were firmly maintained, except in the case of fine grades
of bleached shirtings and wide
sheetings, which ruled lower,
including such prominent makes as New York Mills and Wamsutta shirtings, and Pepperell and Utica wide
sheetings. Brown
sheetings and drills were in steady demand, and there was a fair

equal to the wants of the market, there lias been some pressure
grades, causing some decline in prices. Common extra
State lias been sold in lines as low as
$6 25, and inside prices
have ruled for superfine. But, on the other
hand, good bakers’
brands, and especially flour from winter wheat, have been in movement in colored cottons, which are firmly held.
Dyed
ducks were in good demand, and brown 5 and 6 oz.
demand in excess of supply, and prices have tended
upward. The
weights con¬
tinue scarce.
extreme high grades remain
Heavy cottonades were taken in moderate quanti¬
quiet. Receipts of flour at the
Western markets have slightly increased, but are still much ties, and choice styles of cheviots were placed in fair amounts.
Prints were in limited request, except medium
smaller than in previous years, and stocks are
fancies, staples,
everywhere small.
Rye flour at some decline is more active, and corn meal is higher. solid blacks and solid colors, which were in fair request by
To-day, the market was irregular; poor grades were lower, Western jobbers anxious to forward such goods before the
especially inferior shipping extras, but choice grades scarce and advance in freights. Print cloths wdre quiet but very firm, at
firm.
4fc. cash to 4£c. 60 days for extra 64 squares, and 3£@4c. for
to sell low

The wheat market

was

on

Monday

more

shippers taking About 125,000 bush. No.
Chicago at $1 57@1 62, but since then the
quiet.

Choice

extreme

winter

wheats have sold in

active for export,
2

Northwest

market
a

&

has been

small way

at

56x60s.

Domestic Woolen Goods.—The

probable advance in freights
given a marked impetus to the demand for flannels and
blankets, of which a liberal distribution was made
during the
week. Men’s-wear woolens were also in good
demand, and sales
has

prices, amber at" $1 95@2, and white at $2 10
@2 15.
Receipts continue light at all points and stocks are combined with deliveries on account of orders reached a large
being rapidly reduced.
The exhaustion cannot be better aggregate amount. Cassimeres and all-wool suitings met with
illustrated than by mentioning the fact that
liberal sales, and worsted coatings were in
good demand. Plain
yesterday a sale was
made in this market for
and fancy overcoatings were freely distributed in
shipment to Philadelphia. A severe
execution of
storm has passed over the Western
States, and has doubtless orders, and ruled steady in price. Feltings continued in fair
done much damage to the winter wheat.
Reports are circulated request by the clothing trade and skirt manufacturers. Black
that spring wheat in Minnesota is
suffering from the rayages of cloths and doeskins were a little more active, but in most cases
grasshoppers, but precise information on this point is not at selections were restricted to comparatively small lots.
Heavy¬
hand. To-day, the market was quiet. A
parcel of new amber weight Kentucky jeans and doeskins were more freely taken
Delaware sold at $2 25. Considerable
supplies of new4wheat are than for some time past, and satinets were in fair demand.
Flannels were freely taken and an advance in
expected next week from Georgia.
price seems
Indian corn has been quite
irregular. Parcels of average qual¬ probable in view of the late rise in wool. Blankets were in
ity and condition, such as “steamer-mixed Western,” have improved request and some large transactions were
reported
changed but little, either on the spot or for future delivery, but Carpets, dress goods and shawls were severally quiet.
choice qualities Western, as well as
Foreign Dry Goods.—There was only a
Southern, are scarce and
light hand-to-mouth
higher; in fact, there is something of a “corner” on No. 2 or demand lor imported goods, and sales w^re small in the aggre¬
sail mixed Western.
Receipts at the West compare more favor¬ gate amount. Silks were quiet in first hands, but black trim¬
ming velvets were in fair request.
Dress goods moved
ably with last year,but a reduction of visible supply is still
slowly,
going and there was little animation in either linen or white goods*
on.
To-day, the market was depressed, steamer mixed selling at while men’s-wear woolens were very quiet.
Hamburg embroid¬
57c. on the spot and 58£c. for
eries continued in fair demand, and were taken
August.
freely when
Rye has been quiet, but is very firmly held. Barley malt was offered at auction. Balbriggau and fancy cotton hosiery and
gauze merino underwear were placed in small lots to a fair
in fair demand at full prices. Oats
have been in large supply, amount.




[June 30, 1877.

THE CHRONICLE.

620

Insurance.

Insurance.

Insurance.

34tli Year.

YORK

NEW
OF

OFFICE

THE

Mutual Insurance Co.,
No.

ATLANTIC
Mutual

Nxw Year, January 24,1877.

Trustees, in conformity to the Charter of the
Company, submit the following Statement of it#
on

All tlie Profits

from 1st

are now

Divided among

TRUSTEES

Marine Risks

January, 1876, to diet De¬

cember, 1876
...
14.929,197 66
Premiums on Policies not marked off
1st January, 1876
2,172,260 07
Total amount of Marine Premium#., $7,101,457

$13,871,040 81
January 1,1817
be distributed..
577,857 50'

78

Rich’d Irvin, Jr.,
Israel Corse,
H. C. Von Post.

LYELL, President.
BLEECKER, Jr., Vicc-Prea’t.

THEO. B.

EDWARD

31st December, 1876.... $5,061,095 12
Losses paid during the
same period
$1,865,193 49
ary, 1876. to

Returns of Premiums and

LARAQUE, Secretary.

For the convenience of its customers,

pany has made arrangements to isiue
Certificates payable in London, at
house of Messrs.

Re-Insurance Fund for the

this Com*

Policies and
the banking-

DENNISTOUN, CROSS & CO.

THE
OFFICE

The Company has the following Assets, via.:
United States and State of New York
Stock, City, Bank and other stocks.$11,066,700 00
Loans secured by Stocks and other¬

1,779,300 00
267,000 00

wise

Real Estate and Bonds and Mortgages
Interest and sundry Notes and Claims

402,350 19
1,812,504 38
865.012 74

due the Company, estimated St.......
Premium Notes and BUJ# Receivable..
Cash in Bank.;
!

$15,694,867 81

Total amount of Asset!

!

Six per cent. Interest on the
certificates of profits will be paid to

outstanding
the holders

thereof, or their legal representatives, on and after
Tuesday, (he 6th of February next.
The outstanding certificates of the issue of 1878
Will be redeemed and paid to the holders thereof, or

representatives, on and after Tuesday*
the 6th of February next, from which date all inter

OF

THE

U NIXED

ORIENT

Mutual

Insurance

Co.

certificates to he pro¬
and canceled. Upon
Issued for gold premiums,

•it thereon will cease.
The
duced at the time of payment,

Insurance
THE

IN

New

The

York, 20th January, 1877.

following Statement of the affairs of thU
conformity with the provisions of its

$233,785 99

ASSETS,

$4,827,176 52.
SURPLUS,

ON MQSJ

ending 31st December, 1876

729,805 88

ENDOWMENT POLICIES

ALL

AND

Total Premiums
Earned

$963,151 82

premiums of the year

408,476 82

Re-insurance and return premiums

31st

die

year ending 81st December, 1876, for which
•srtiflcaUs will be issued on and after Tuesday, the

$d of April

next*

$265,140 21

United States Stock

532,533 12

Stocks of

126,078 58

Corporations...,

Real Estate

172,019 98

and Uncollected Premiums

CHAPI4N) teeretoty*

J. a*

\

JAMES

Subscription Notes, Bills Receivable

By order of the Board,

\

ON

Dicxmbsr, 1876.

OFFICE

Total amount of Assets

**

PRESENTATION.

BUELL,

-

-

MIDDLES

DREXEL

-

PRESIDENT

DEPARTMENT,

BUILDING,

Corner Wall and Broad Streets.
HENRY

W.

BALDWIN,
Superintendent.

458,391 12
26,164 18

Unsettled accounts

18 7 7

DISCOUNTED

wm be

ASSETS,
Cash in Banks

IN

MATURING

155,046 72

...

CLAIMS

APPROVED

$767,235 10

Losses and expenses..

gold*

for

FAVORABLE TERMS.

Net Premiums received during the year

will ho in

A Dividend of Forty pfer Cent* Is de•Isred on the net earned premiums of the Company

$820,000*

EVERY APPROVED FORM OF POLICY ISSUED-

'

the payment of Interest and redemption

1850.

ORGANIZED

charter:

Premiums unearned 31st Dec., 1875....

Company,

CITS’ OF NEW YORK,

201, 262, 203 BROADWAY.

Company ou the 31st day of December, 1876, is pub¬
lished in

S

STATE

LIFE

their legal

certificates which were

law, of this

Commonwealth.
FEATURES OF THE COMPANY.
1st. The adoption arid continuance of a thor¬
oughly adequate rate of premium.
2d. The maintenance of an ample reserved fund.
The market price of the securities of which the
fund is composed is $340,700 80 over the cost
on the Company’s ledger.
This item is not availed
of in the capital as above presented.
For pamphlets and reports giving a history of the
Company's operations during the past thirty-three
years, apply at the oflice of the Compauy, or of
Agents in any city or town of importance.
BENJ. F. Si EVENS, President.
JOSEPH M. GIBBENS,
W. G. McKOWN,
Ass’t Sec.
Secretary.
JOHN HOMANS, M. D.,
W. C. WRIGHT,
Actuary..
Medical Examiner.

Expenses..$1,038,410 85

s

-

protection of

‘

-

JOHN H.

a

policy-holders, in accordance with the

:

Jacob S, Wetmore,

Henry C. Hurlbert,

No Policies have been IsBued upon Life
Risks, nor upon Fire disconnected
with Marine Risks.
premiums marked off frpm 1st Janu¬

As

Stephen Johnson,
Francis Hathaway,
Arthur Leary,
Lloyd Aspinwall,
Henry Meyer,
E. P. Fabbri,
Edward H. R. Lyman, George Mosle,
E. V- Thebaud,
Gerhard Janssen,
John H. Earle.
L. Bayard Smith,
Charles Lamson,

.....$13,293,183 31

Leaving

Policy-Holders.

the 81st December, 1876:
on

Net Assets,

Deduct surplus to

The

Premiums received

;

BOSTON.
(Organized December 1, 1843.)

ASSETS, January 1,1877, $797,517 01.

affairs

POST OFFICE SQUARE, J

PLAN

PAID OFF AND MUTUAL
ADOPTED 1851.

STOCK

Company,

Insurance

A STOCK COMPANY 1798.

ORGANIZED AS

Co.

Insurance

MUTUAL. LIFE

WILLIAM ST.

61

ENGLAND

NEW

ORGANIZED APR1LI2T? 1842

$1,627,817 32

By order of the Board,
TRUSTEES

s

CHARLES IRVING,

Secretary,

*

Charles iftfcnls*

J. D. Jones*
W. H. H. Moots,
Charles R. Russell*
David Lane.

Lewis
~

l William Sturgis,

Daniel 8. Miller*
Joelah O. Low*

f ThomasF. Dodge*
William E
i

Royal Phelps*
C. A Hand,
William

*

Francis Skiddy,

Sfuaft,;

Frederick Chauncey,

,

Mintnm*

Geolfce W. Lane*
James G. DeForeit,
Charles D.

Leverlck,

l

Horace Gray,
John Elliott,
William H. Fogg,
Peter Y. King.

Adam T. Sackett*
Edmund W. Corlies,




Hewlett^,

Robert B.

Adolph Lemoyne,
Charles H. Marshall,

William Bryce,

John D.

Charles P. Burdetv
Alexander V. Blake*

H.Wibb,

Robert L.

Young*

Fred’k G.

E. H. R. Lyman,

Charles

Henry B. Kunhardt,
Hugh Auchincloss,
Lawrence Wells,
William PohlmaDn,
Charles Luling,
Alex’r Hamilton,
Constantin Menelas,
Carl L. Rccknagel,
W. F. Cary, Jr.,

RAVEN, 8d

Vtoe-PreaUeft.
Vice-Pr«UUu£

John D.

Foster,

Dix,

Munzinger,
Watson,
Ernesto G. Fabbri,
Henry E. Sprague,
John Welsh, Jr.,
James Brown,
Walter

Ramsay Crocks,
Arthur B. Graves,

ALFRED

ANTON

.

uEs every approved description

of
w

LIFE and ENDOWMENT POLICIES
ON TERMS AS

FAVORABLEAS THOSEOFANY OTHER CO.

')ASH£SSETSMb$80.000.000.
Steel Pens.

C. L. F.

Rose,
Wilson,
F. Cousinery,
Gustav Schwab,
George H. Morgan.
Wm. S.

EUGENE DUTILH, President

CHARLES

Issi,.F.S.WINSTON,PRESIDENT

Theodore J. Rail
Theodore Fachiri

Carl Vietor,

CHARLES DENNIS, Vice-President.

A. A.

Alex. M. Lawrence,

George Mosle,
Davison,
Henry De B. Routh,

Edward F.

J. D. JONES, President.

W. H. H. MOORE, Sd

WyORK,

TRUSTEES!

Curtis*

James LoWi.
Gordon W. BfifhtiSm,

JOSEPH

OGDEN, Vice-President

IRVING, Secretary.

METZ, Assistant Secretary.

Sold

GILLOTT’S

J

STEEL PENS.
throughout the Wor Id.

by all dealers