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HUNT'S

MERCHANTS’

MAGAZINE,

gi SWttffetjj §U wispapey,
representing, the industrial and commercial interests of the united

states.

|Entered, according to act ot Congress, in the year XS81, by Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C.l

\0L. 32.

SATURDAY, JUNE 4, 1881.
CONTE NTS,
THE

Situation
589
Our Foreign Commerce:
591
The Sodus Buy and Corning

Foreclosure
593
"Cotton Consumption and Over¬
land Movement to June 1... 593
Mr. Gladstone and the Land

595

League
Financial Review of May
The Debt Statement for

595

Imports and Exports for April,
and for 10 and 12 Months
ended April 30, 1881
597
United States Treasury State¬
ment
598

Monetary

and

English News

Commercial

598
Commercial and Miscellaneous
News
600

May.. 597

THE

832.

present conservative condition, enabling us to draw on

CHRONICLE.

Tlie Financial

NO

Europe whenever the need arises—good properties are
worth all they are selling for.
Furthermore, although
much rubbish goes up with the tide, so that it behooves the
investor to discriminate, yet these are days when it is no
proof of sagacity to pronounce every new enterprise rub¬
bish.

BANKERS
GAZETTE.
Railroad
Ex¬
Earnings,

Still, croaking very readily passes for wisdom, since it i3
youthfulness and inexperience to be oversan¬
and Railroad Bonds and
Stocks
601
and Bonds
604
guine. But it will not do always to take counsel of our
Range in Prices at the N. Y.
Investments, and State, City
Stock Exchange
and Corporation Finances.
602
610 fears, 'or to circumscribe
progress in this new country
THE COMMERCIAL TIMES.
Commercial Epitome
614 | Breadstufts
We remember well a wise,
619 by Old World standards.
Cotton
614 J Dry Goods
620
elderly Wall Street man—and there were many like him—
who pronounced, in his oracular way, the Pacific railroads,
Ctemicle.
when building, foolishness.
Not only, said he, would
The Commercial and Financial Chronicle is issued every Satur¬
they be unable to meet their interest, but would come so
day morning, with the latest news up to midnight of Friday.
far
short of paying even running expenses that-in a years
[Entered at the Post Office at New York, N. Y., as second-class
mail matter.]
time after being completed, grass would be growing over
Money Market, Foreign
change, U.8. Securities, State

Bank
Statement, Ac
603
General Quotations of Stocks

a

mark of

..

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do

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written
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for Remittances unless made by Drafts or Post-Office Money Orders.
a

Advertisements.
Transient advertisements are published at 25 cents per line for each
insertion, but when definite orders are given for live, or more, insertions,
a liberal discount is made.
Special Notices in Banking and Financial
column 60 cents per line, each insertion.
London and Liverpool Offices.
The office of the Chronicle in Loudon is at No. 74 Old Broad Street,
and in Liverpool, at No. 5 Brown’s Buildings, where
subscriptions and
advertisements will be taken at the regular rates, and single copies of
the paper supplied at
WILLIAM B. DANA,
\

JOHN G.

Is. each.

WILLIAM B. DANA & 00., Publishers,
79 & 81 William Street, NEW YORK.

FLOYD, JR. j

Post Office Box 4592.

the rails.

There

was

another time when

we were

all down in the

dumps.

Our readers will remember it well. It was in
1874 and following years.
The panic was-a thing of the
past, but our wretched currency system had- cast its
blighting influence over all industries, leaving us without
enterprise and at length without hope. How almost uni¬
versal was the verdict then; that railroad building in this
country had been pressed in advance of its wants fully
half a century.
Our wisest judges believed this so abso¬
lutely, that it was a matter of common daily discussion, what
form investments would take in the future.

THE FINANCIAL SITUATION.
A

he

as
“

correspondent takes us to task for the “bullish tone,”
styles it, “ for a long time so constantly apparent in

this and

our

diagnosis of

other editorials.”

our

disease.

He is mistaken in his

The rapid rise in the value of

securities which has been in progress the past three years
and the
present activity in railroad building have given life
to

a

air
m

crop of

with

their

philosophers who, at each new advance, fill the
forebodings, and just now are peculiarly gloomy
predictions, foreseeing as imminent a repetition of

the experience of 1873.
Our purpose
written has been
simply to expose the

in what we have
folly of all such

assumptions.
prices

nor

are

do

we care

whether in the imme¬

to go up or down in Wall Street.

influenced

by

considerations
by actual values, that it is difficult enough to
follow them without
attempting to forecast them.
But it
seems to
us, the facts as to earnings, present and prospec¬
are

other than

so

many

course

stock would be

neglected ; there would
not,- within the century, be any confidence in them, for
who could expect those dry bones to live again; and as
to building more roads, not the wildest enthusiast dared
to suggest it.
Yet after four short years our people
waked up suddenly to find a business in progress which
required the active use of every mile of existing railroad;
and from that date this new revival has gone on, gaining
strength day by day, giving all our roads constantly in¬
creasing revenue, even blocking them up writh freight,
until the earnings are now simply marvelous, but still
increasing.
All these

We do not know
diate future

Trices there

railroad bonds

Of

one

of

us

are

or

facts of

so

recent demonstration that

realizes their force.

Even the most

every

pronounced

conservative must,
ress
in no other
form

a

in the light of them, admit that prog¬
country and at no former period can
basis for estimating the present.
But there are

further facts which

strengthen that opinion, and explain
experienced. There are probably 10 mil¬
tive, fully warrant the belief that—with rates for money lion more people in this country than in 1873. Here is an
ruling as now the world over, and with, our trade in its increase of nearly one quarter in population. Our merchan-




what

We

have

THE

590

CHRONICLE.

[Voh. XXXII.

imports for this fiscal year will probably reach about for money to carry on the speculative movement in food
636 millions; in 1871-72 they were 626 millions, and in staples.
The supply appears to have been met from St.
1872-73 they were
642 millions.
In other words Louis, for funds were sent to Chicago from that point, and
then, the consumption of goods by this largely increased at the latest report we find the rate at Chicago, up to 25
population is being supplied by an expansion of our own cents per $1,000 discount, while St. Louis is down to par
industries; an expansion which does not represent, by the from 25 cents per $1,000 premium early in the week.
way, more labor engaged in those departments, but simply Boston exchange is still at such a discount as to draw
improved machinery. Then, again, we are exporting almost funds from this centre, but this is not unusual. The
Hence our activities and Treasury operations for the week, exclusive of a transfer
400 millions more than in 1873.
development are not only increased by a quarter more of $600,000 to Philadelphia, have resulted in a loss, which
workers, but also by far more efficient machinery, by the is a gain to the banks, of $921,838. The payments by the
saving we make in more nearly providing for our own Assay Office for domestic and foreign bullion have been
wants, and by the 400 million dollars additional that we $204,426. The following shows the daily receipts by the
are annually
selling to other countries, and which our Treasury from the Custom House.
lands, almost unlimited in extent and productiveness, give
Consisting of—
a
guarantee of increase instead of decrease.
Date.
Duties.
U. S.
Silver
Wall Street has taken another decided turn upwards
Silver
Gold.
Notes.
Dollars. Certificates.
this week.
The special facts helping it were, first, the
$460,975 17
$261,000
$7,000 $1,000
$192,000
efforts of a large short interest to cover, and of speculators, May 27....
28....
249,187 97
157,000
4,000
1,000
84,000
who had sold out, to reinvest, it being seen that the de¬
30....
Holiday.
dise

“
“

mand

stocks

for

at

the

decline

had been sufficient to

“

Juno

31....

665,787 79
587,804 80
538,721 33

1....

335,000

22,000
23,000
28,000

297,000

1,000
1,000

305,000
268,000
217,000

2....
quickly absorb the offerings. Another feature was the
302,000
presence of large European orders
Total...
in the market,
$2,502,477 06 $1,352,000 $84,000 $4,000 $1,066,000
especially from the Continent. Europeans have to a
The following shows the net Sub-Treasury movement
very considerable extent aided in draining our market of for the week ended June 2, and also the receipts and
ship,
first-class stocks and bonds, taking the former out of their ments of
gold and currency reported by the principal
old speculative position, and the void thus made has been banks of the
city. The net result should indicate very
promptly filled by other properties, many of which are closely .the changes in the total reserve in the Bank state¬
also going abroad either on orders or on speculation.* The ment to be
published to-day.
London and Continental markets appear to be well sup¬
Into Ba)iks. Out of Banks
Net.
plied with these stocks, but still they continue in demand,
operations, net
$921,838
$
$921,838
partly for the reason that there, as well as here, capital can Treasury
Interior movement
1,199,000
761,000
439,000
be profitably employed in carrying them
at better
Totnl
$2,120,838
“

of

rates

interest

collateral,

than

can

be

obtained

on

first-class

and

$761,000

$1,359,838

The interior movement above referred to embraces the

partly from general confidence felt
in the progress of this country and the growing value of receipts and shipments of gold and currency, as reported
to us by the principal banks of this city, for the week ended
all railroad property in it.
This latter feeling is strength¬
June 2, which (more in detail) is as follows.
ened by the enormous addition which is being made to
our population
Deceived.
by emigration. The people who are coming
Beccipts at and Shipments from N. T.
Shipped
seem to be a
frugal, industrious class. They hasten to Currency
$1,161,000
$261,000
38,000
500,000
their new homes in the West, purchase farms from rail¬ Gold
Total
road companies having old or new land grants, at once go
$1,199,000
$761,000
The Bank of England reports a loss of £33,000 bullion
to work, and immediately become self-sustaining.
New
railroads may be pushed forward with almost unpre¬ for the week and a further sum of £15,000 on balance on
cedented rapidity, but the pace of the emigrant is almost Thursday.
The Bank of France shows a gain of 500,000
as rapid ; so that almost as fast as the
country is opened francs gold, and 1,650,000 francs silver. The Bank of
Germany gained 4,620,000 marks. The following indi¬
up for settlement, it is occupied and made productive.
The satisfactory debt statement issued this week has cates the amount of bullion in the principal European
also had a favorable influence on the general tone in busi¬ banks this week and at the corresponding date in 1880.
.

ness

been

circles.

The statement reveals the fact that there has

June

2, 1881.

June

3,1880.

reduction in the debt

during May of $11,150,721,
and a decrease for the fiscal year of $89,250,323.
No
account is yet taken in the statement of the 3J continued
bonds, but it shows that of the 25 million 5s of 1881,
called February 21, all have been surrendered except
$5,741,150. The amount to be disbursed for interest on
the 4Js and extended 5s, and for pensions, will doubtless
exceed 12 millions by the middle of the month.
Money on call has loaned at 2 per cent on stock col¬
lateral during the week, and there is a fair prospect that it
will fall to 1 per cent before July, such is the abundant
supply in prospect from Treasury disbursements alone, to
say nothing of the possible importation of gold from
Europe in a few weeks. The movement at Western
points has been a little irregular. New York exchange at
Chicago fell to 50 cents per $1,000 discount early in the
week, against that rate per $1,000 premium less than ten
days ago. This change was probably due to the demand
a




Gold.
£

Bank of

England

Bank of France
Bank of

Germany

'

Silver.

Gold.

Silver.

Si

£

£

25,919,683

27,699,82 6
25,005,232 49,925,030 32,464,884 49,544,128
9,420,758 19,986,232
9,926,333 19,852,667

Total this week

60,345,673 69,911,262 70,091,043 69,396,795
60,301,749 69,672,012 69,841,231 69,124,500
The above gold and silver division of the stock of coin of the
Bank of Germany is merely popular estimate, as the Bank itself gives
no information on that point.

Total previous week

The rates

sterling were reduced early in the week
by the pressure of bills drawn against outgoing securities.
There was a recovery on Wednesday because of a little
better demand, but the tone was barely steady on Thurs¬
day, as Europe was again buying stocks and the offerings
of bills were likely to be large; on Friday there wat a
further advance by reason of the demand to remit for 5s.
The margin of profit for cable transactions is, however,
small, as will be seen by the following, showing relative
prices in London and New York at the opening each day*
for

June

THE

4, 1881.J
May 30.

May 31.
LotuVn N.Y.

June 2.

June 1.
Lond'n N.Y.

Lond'n

N.Y.

CHRONICLE.

June 3.

Lond'n

N.Y.

prices.* prices. prices.* prices. prices* prices. prices.* prices.
U.S.4s,c.
U.3-53.C.

ci

117 07

118-21

118*4

117-4ct

10389

103-80

10456

103-86

48*6
10450 105*4*
14400 142*6
15057 14056
28*31 +
5854

40-02

UH'A
104^6
40*52
40>4
105-35J 10754

4013

117-48

11856

103-80

10456

49-80

105-08

118*4
10456
4956
10556

106-57

4954
106*6

144-73

144

145-46

144

581

and bonds

back, and then there is the cost of the ocean
carriage on the goods imported. All dhese are items of
considerable importance, and yet no data with regard to
them is obtainable.

Although the total of the exports in April, 1881,
slightly above that for 1880, some of the individ¬
Ill. Cent.
150-80
15178 15054
151-7$ 15056
15056
N. V. C..
ual
01
20-13 *•
2943+
SOTO*
ports exhibit a heavy falling off, and others again
59*6
59*6
Reading
a
very decided increase.
This may be seen in the follow¬
Excli’ge,
4-8514
4-80*6
480*6
4-80*6
cables.
ing statement, showing the imports and exports at the
KiDressed in their New York equivalent.
+ Reading on basis of *50, par value.
leading ports, in April and since January 1, this and last
Note11—TheNew York equivalent is based upon tlie highest rate for year. The figures in this table, as well as in the subse¬
cable transfers, which ordinarily covers nearly all charges, such as
interest, insurance and commissions.
quent ones, have been prepared at some expense of time
The business in Government bonds has been light since and
labor, and it is thought they show clearly the move¬
the opening of the month, but prices have been well main¬ ment in the two
years.
tained and there is a good demand.
EXPORTS AND IMPORTS OF MERCHANDISE AT TJ. S. PORTS.
Erie

£

2d con.

O

M

14419

144

was

*

Exports (Domestic
and Foreign.)

OUR FOREIGN COMMERCE.

April statement of the foreign commerce of the
country shows a smaller merchandise balance in our favor
The

than

we

'have

of

excess

been

accustomed to

see

of late.

The

exports over imports amounts to $11,727,-

$24,308,909 in March, $20,000,719 in Feb¬
$28,790,497 in January, and $51,514,529 in De¬

510, against
ruary,
cember.
not

so

While, however, in this respect the return is
.favorable as in previous months, it yet makes a

very much better showing than in the
month of 1880, when the balance was

.

corresponding

New York
New Orleans

Baltimore
Boston

Philadelphia

San Francisco
All other ports
Total

1881.

April.

1880

Since Jan. 1.

April.

Since Jan. 1.

$
9
30,367,730 125,138,493
11,275,782 43,148,175
1,340.018 20,907.8 10
(i,430,10 1 24,971,481
3.105,183 12.292.231
3.-4..!->, 128 13,741,90 \
11,854,860 53,100,903

*
$
34,003,808 117,876,594
8,(7 1,377 43,208,814

70,831,1(50 207,701,098

70,5GO,o33 274,804,931

39.391.042 117,293,2 ? f

48,832,805 179,245,330

0.958.103

22,501,903

5,022,400

19,545,611
12,914,846

4.180,072
1,012,7'*2
9.342,950

f,956,921

4.3,SOO,182

Imports.
New York
New Orleans
Baltimore
Boston

Philadelphia

1,0.) 2,881
1,014.703
7,100,935
2,373,422
3,420,3 42
3,779,323

3,339,430;
5,487,352
22,439,313
0,772.474
11,207,720

908,073
2,510,713

10,972,342
5,334,978
2,420,300
3,291,178

3,898.064
7,350,731
29,842,014
14,464,764
10,900,208
10,407,864

against us, the
12,727,832
imports having then exceeded the exports by $3,805,917.
Total
595,153,014 212,807,427
74,300,455 256,108,975
But it should be said that the speculative mania
It will be observed that the exports at New York were
which prevailed in the early part of 1880, and which
flooded this country with foreign goods far beyond our only $30,367,736, against $34,663,868 in April, 1880.
capacity to consume, culminated in April of that year in The explanation is easily found. The value of the breadthe largest imports ever made in any one month in the stuffs exports at this port in April this year was $1,910,history of the country. This year imports were on a nor¬ 228 less than in April last year, and on account of provi¬
mal scale, though yet large—reflecting in this the natural sions there was a loss of $3,468,987, making together
growth in our demand, consequent upon the increased $5,379,215. The decrease in these items being more than
activity in trade and our enlarged purchasing power. a million dollars greater than the total decrease, it follows
Nevertheless, the total was over 15 millions smaller in that there must have been quite an increase in other
April, 1881, than in April, 1880.
The exports were articles of export; and, in point of fact, we observe that
about the same in both years ($70,560,538 and $70,881,- the shipments of cotton show a gain of more than 20,000
160 in April, 1880 and 1881,
respectively), so that to the bales, though prices of course were much lower. At Balti¬
diminished imports is to be attributed the change to a more the value of the exports drops from $6,958,163 to
favorable balance this year, in the amount already given.
$4,340,018, or $2,618,145.
Breadstuffs and provisions
The movement of gold this way during the month was account for $1,864,093 of this diminution. Cotton entailed
heavy. The imports were $15,330,980, and the exports a further decrease, as aside from the decline in price there
only $88,693, leaving a balance of imports of $15,242,- was a contraction of one-half (about 6,700 bales) in the
287.
Of silver we imported $854,711, and exported quantity shipped at that point. Philadelphia shows a loss of
$2,033,497, an excess of exports of $1,178,786. Taking about one million dollars in its total exports, to be
gold and silver together there is an excess of imports of attributed entirely to the decline in the value of its bread$14,063,501. This wipes out the merchandise balance of stuffs and provisions shipments.
The exports at Boston have risen from $5,622,400 to
$11,727,546, and leaves an excess of imports on mer¬
chandise and specie of $2,335,955. Possibly some one $6,439,194. In the breadstuffs exports at that port there
may infer from this that we have been receiving more was a gain of $392,903 and in the provisions exports a
gold than the state of our trade warranted. That does loss of $302,901, leaving a net gain'of only $90,000 on
not
necessarily follow. The figures given cover only one these two items. But there must have been a very decided
month, and one month by itself can hardly be taken as a gain in the value of the cotton exports, as there was an
guide. If we refer to the figures for the ten months increase of almost 10,000 bales on April, 1880, or more
ended April 30 we find that the merchandise balance of than 100 per cent.
New Orleans has increased its exports
from
exports amounts to $246,606,423, of which only $92,687,.
$8,174,377 to $11,275,782. It might be supposed
271 has been
that
the
paid for in specie. On the other hand, these
greater part of this increase was in the item of
matter figures are to be taken
only as indicating that the breadstuffs, in view of the large amounts of grain going
April exhibit is an exceptional one. They do not en¬ down the Mississippi in barges from St. Louis. This is
lighten us as to the actual state of things. To be sure, not the case. Of the total increase of $3,101,405, only
there remains a
large apparent balance in our favor, but how $685,692 was in breadstuffs. The provisions exports at
much of it, if any, is
real, can not be determined, even this port are so small they are not worth mentioning.
approximately. There are a great many factors that have Referring to cotton, we find there was a very heavy
to
taken into the account. There is the item of interest
augmentation in the shipments, almost 60,000 bales more
on our debt
and securities held abroad; there is the move¬ having been sent out from that port this April than last,
ment of Government bonds this
Taking the
way and ®f railroad stocks which fully explains the increase in values.




San Francisco
All other ports

THE

592
six ports in the table above, New Orleans
second only to New York in its exports.

'

CHRONICLE.

is found to stand ;

.In the imports,

[Vol. XXXII.

its

equivalent in wheat) 12,127,449 bushels. The
exports of com during the same time fell off 13,466,489

at

however, its share is still small—in fact it stands at the foot bushels. For this reason and also because of the lower
of the list.
For the first four months of the year its prices which prevailed, the value of the breadstuffs
exports amount to $43,148,175, while its imports reach the exports for the four months reaches only, $71,575,627,
insignificant sum of $3,839,436. So long as this state of against $74,068,454 in the corresponding time last year,
things continues, New Orleans will labor under great as is shown in the annexed table.
EXPORTS OF BREADSTUFFS DURING APRIL, AND SINCE JAN. 1.
disadvantages, compared with, other ports. For while it |
can supply vessels with
Value.
cargoes on their outgoing trips, it j
Quantity.
April.
has nothing for them on their return trips. At New York, j
1880.
1881.
1881.
1880.
on the other hand, such is the present rush of emigrants to
$
$
.bush.
Barley
9,203
4,636
4,383
2,351
our shores, that at
bush.
times steamers are willing to take j Corn
7,359,521 12,422,412
4,251,429
6,711,587
Corn-meal
..bbls.
40,018
31,347,
110,286
90,288
Oats
.bush.
freight to the other side at a merely nominal figure.
15,071
23,617
8,043
12,267
51,359
176,441
60,943
156,965
San Francisco is another port that has largely increased Rye
Wheat
.bush.
1
10,635,059
12,269,071 12,634,005
9,435,721
Wheat-hour
bbls.
652,720
520,639
3,721,859
3,097,611
its exports.
The total for April, 1881, is more than twice
Total
20,426,014 22,705,074
that of 1880.
There was a very large expansion in the
Since Jan. 1.
movement of breadstuffs at that port, the total having been
Barley
39,774
bush.
401,588
18,846
284,170
Corn
.bush. 23,351,473 36,817,962
13,473,082 21,025,252
$2,016,318 this year, against only $834,S97 last year. Of Corn-meal... bbls.
100,134
135,831
388,472
304,602
.bush.
75,670
38,100
107,414
53,371
the remaining increase, perhaps a portion was contributed Oats
.bush.
532,817
712,905
Rye
568,773
668,371
Wheat
.bush.
38,130,254 20,943.408
42,293,891 40,996,283
by the articles that constitute the trade through San Fran¬ Wheat-flour;.
.bbls..
2,636,071
14,794,463 10,736,405
1,760,388
cisco with China, which is steadily gaining, especially in
Total
71.575.6271 74,068,454
1
the case of dry goods.
The following table will show the
As a further result of the speculation in provisions,
breadstuffs and provisions exports at each port.
these show a decrease in quantity in April on every item
EXPORT8 OF BREADSTUFFS AND PROVISIONS FROM LEADING PORTS.
—in some cases a falling off of more than one-half.
For
1881.
1880.
the
first
Since
A
Since
Jan.
Jan.
1.
1.
time,
too,
wit:.in
recent
Breadstuffs.
pril.
periods, there is a diminu¬
April.
tion
in
$
values, and a very important one at that. The.
$
$
$
Now York
11,122,131 33,326,130
9,211,903 31,439,386
for
the month foots up only $8,133,164, against
total
New Orleans
4,459,551
3,699,628
1,825.682
1,139,990
Baltimore
4,243,753 14,554,822
3,107,552 12.655,205
$12,965,672 last year, a decrease of pretty nearly five
Boston
1,388,096
4,466,757
4,908,811
1,780,999
2,559.780
6,854,170
1,571.328
5,911,155
Philadelphia
million
But the gain in previous months was so
dollars.
San Francisco
834,897
2,016,318
7,030,526
9,360,5 *3
Other ports
1,410.427
912,232
2,840,966
4,136,121
great that the total for the four months is still more than
.

...

..

.

.

Total
Provisions.
New York
New Orleans
Baltimore

Boston

Philadelphia
Ban Francisco

Other ports

20,426,014

71,575,627

22,705,074

74,068,454

8 millions above that for the four months

5,227,326

34,543,586

8,696,313

30.558,067

following table will exhibit the details.

5.037

96,137

405,279
1,668.260
444,386

71,061
2,472,400

1,971,161

7,135,980
2,462,232

347,366

2,995,647
10,538,170
2,584.044
129,479
1.518,287

10,942
1,133,171

8,133.164

52,405,350

35,510

607,202
42,933

125,035

EXPORTS OF

Pounds.

1,461,087

12,065,672

4*1,286,762

Beef, fresh and

shipments during the month were very large.
Altogether over 430,000 bales were exported, against only
about 285,000 bales last year, an increase of pretty nearly
150,000 bales. In the face of such an increase in quantity
the decline in price could have very little effect on the
aggregate value of the exports of that staple. We have
already referred to the case of New Orleans. The other
cotton ports show in general like results.
The six ports
given below, it will be seen, had exports $2,873,121 above
those for April, ,1880. For the first four months of this
year the same ports increased their exports $9,561,815.
Subjoined is the table.

Bacon and hams
Lard
Pork
Tallow

salted

The cotton

of

The

1880.

PROVISIONS, <fcC., IN APRIL,. AND SINCE JAN. 1.

April.

503.950

Total

.

1881.

Butter

12,610,961
35,885,811
19,403,004
7,408,057
6,887,034
880,045

Cheese

.3,321,065

*

Value.

1880.

13,661,602
81,557,505
51,109,571
8,528,658
10,484,635
1,489,270
2,824,886

Total

1881.

1880.

$

$

1,135,482
3,201,663
2,150,828
592,559
460,917

420,£49

1,075,066
5,950,394
3,989,009
542,263
727,V76
317,309
364,455

3,133,164

12,965,672

171,266

Since Jan. 1.

Beef, fresh and
salted
Bacon and hams
Lard
Pork
Tallow
Butter

Cheese
Total

53,178,505

.

50,562,550

301,975,261

297,008,188

131,680,3X6
42,744,661

28,473,9^7

142,773,155
30,464,6 7
35,979,454

6,250,597
23,452,518

14,236,487

,

For the month of

7.793.419

4,627,389
25,410,418
13,044,209
3,332,164
1,926,028
1,286,221
2,778,921

52,405,350

4,011,503
20.930,216

11,243,688

1,999,624
2,634,371
1.644,705
1,822,655
44.286,762

May, just closed, it is not likely that
EXPORTS OF MERCHANDISE FROM LEADING COTTON PORTS.
the balance of merchandise exports will be any mor
favorable than in April.
1880
1881.
For the four weeks ended May
Ports.
Since
1.
Since
Jan.
1.
Jan.
April.
27 the imports at New York amounted to $35,537,834,
April.
$
and for the four weeks ended May 31 the exports
$
$
$
Charleston
1,2:57,420
7,602,218
9,206,110
2,296,790
Galveston
1,162,28)
2,459,394 13,067,001
6,950,707 amounted to $28,533,191.
In April New York had
Mobile
818,211
4,573,958
876,106
4,443,124
Norfolk, &c
497,634
5,543,869
5,034,618 not quite 43 per cent of the total exports, and a Jittle more
1,058,721
Savannah
1.176,980 10,360,998
9,375,286
1,148,373
185,373
1,535,550
230,530
1,319,718 than 66J per cent of the imports of the country.
Wilmington
If the
same
Total
5,152,348 34.725,971
8,025,469 44.287,786
percentages should hold good in May, the excess of
As regards the different items that go to make up the exports over imports would be heavier than in April, but
breadstuffs totals, we find that the month of April presents in the case of the exports it is very probable that New
the same general features exhibited by previous months. York will be shown to have had a larger proportion of the
Com still shows a large decrease in both quantity and whole than it had in April, because the movement of
value, while wheat and wheat flour are again increased, cotton was lighter, about 270,000 bales having been exported
although wheat not in value, on account of the lower in May, against more than 430,000 in April, the shipments
prices ruling this year. The total value of the breadstuffs of cotton of course being mostly from ports other than
exports was $20,426,014 in April, 1881, and $22,705,074 New York. It follows that this will reduce the balance
in April, 1880. For the period from January 1 to .April 30 •n our favor ; so it is not likely, as already remarked,
the exports of wheat increased 8,186,876 bushels and of that the excess of exports will be much, if any, heavier
wheat flour 875,683 barrels, or together
(counting flour than in April, and possibly not as heavy.




•

Jufb

THE CHRONICLE.

4, 1831. J

soDUS RAYS CORNING FORECLOSURE.
seems that the court of last resort in this State has at

THE
It

693

prescribe the rule applicable to the stockholder iu a railroad oompany.
aud the purchase upon foreclosure of its
property and franchises; that
they are repugnant to the provisions of the Act of 1853 upon the same
subject, and therefore repeal them, according to the maxim that ‘ every
affirmative statute is a repeal by implication of a precedent affirmative
statute so far as it is contrary thereto.’ We think, therefore, the
pro¬
visions of the Act of 1*53 on which the plaintiffs rely were not in force
at the time of the sale under the foreclosure, and that the
plaintiffs

length determined that the stockholders in railroads sold
under foreclosure, in this State, have no special right to
acquired no cause of action against the defendants.”
come in as stockholders in the new company formed to
take the road under the sale. ' So says the Court of Appeals
Persons specially interested in. this subject should also
in the case just decided, of Platt vs. Munson.
examine the recent act of February 5, 1880,
(Laws, chap.
The case arose out of the foreclosure of a mortgage of
5.) It purports to authorize the fiscal officers of a railroad
the Sodus Bay & Corning Railroad Company.
This was company to issue, after a foreclosure sale, certificates of
a small enterprise organized in
1870, upon a capital of stock to persons who were previously entitled to, but had
about a million and a half, to run a road from Sodus Bay, never received them.
The act, as' printed in the statute
a point of not very great geographical i-inportance on the
book, seems wholly obscure and unmeaning ; though it

Lake Ontario, southerly to Corning, a may perhaps be rendered operative by
striking out the
notable station on the Erie Railway.
It must not be word “provided” or the word “when,” from the middle
confounded with the Sodus Point & Southern road, since of section one. Apparently some
draughtsman intended
merged in the Lake Ontario Southern. Apparently some to substitute one of these words for the other, and
independent line to New York city was contemplated, for neglected to strike out the one to be rejected; or the error
the company was formed as the Sodus Bay Corning &
may have occurred in type-setting.
Irrespective of this,
New York Railroad; but, in 1872, the Legislature allowed the law has this
bearing on the subject, that it is a legisla¬
it to change its name so as to read the Sodus Bay & tive
recognition, subsequent to 1874, of continued rights
Corning Railroad. As so frequently happened in those of shareholders in companies whose property and franchises
days, the plan and expenditure was commenced on an have been sold on foreclosure; to be secured, apparently,
over sanguine
scale; a large loan was obtained on a in some winding-up of the old corporation.
mortgage of the road and franchises; this mortgage was
south shore of

foreclosed.
But

when

road

is

sold

COTTON

under

foreclosure, what
becomes of the interests of stockholders of the original
company ?
Mr. Platt, one of the old Sodus Bay &
Corning corporators, thought he had a right to come in as
member of any new organization.
An act of 1853 (Laws
of New York, chap. 502, sec. 2) declared that any stock¬
holder of a railroad foreclosed upon, should have the
right,
for six months after sa1^, to redeem proportion ably; that
is, he might offer to pay to the purchaser such proportion
of the price paid on the foreclosure sale as
his; shares
might bear to the whole capital stock, and might demand
the same relative interests in the
property. In practice
this has been found very inconvenient.
Upon the fore¬
closure of the old Oswego Midland it became an embar¬
rassing issue, and it was reported that $300,000 was paid
to extinguish the
supposed right to redeem. Mr. Platt
demanded this right in the Sodus Bay case.
The pur- ■
chaser refused to
recognize it.
And the Court of
Appeals has sustained the purchaser’s position. There has
not been,
indeed, an}^ distinct repeal of the law of 1853,
but the Court holds that it must be deemed
repealed by
implication, because laws passed in 1854 and 1874 are
inconsistent with it, and provide a new and different
way
for
proceeding after these foreclosures (Laws 1854, chap.
282; laws 1874, chap. 4 30). . The leading feature of the
plan they indicate is, that a new corporation shall be
formed to own and operate the
road; and the Court holds
that this is inconsistent
with, and therefore supersedes, the
former rule by
which the title to the property must be
a

held open for six months to allow old shareholders to
decide whether they will come in. This is the view we
took of the
question when it was under discussion in the

Oswego Midland

case.

Judge Danforth

ing one.

Our overland movement

on

the purchaser to assist in form¬

—

-

OVERLAND

...«

uiluo

vuviuu

muum/uuu.

TO

JUNE

1, 1881.

being 24,391 bales,
against 20,436 bales last year. The total rut overland
now reaches 498,632
bales, against 560,838 bales to this
date in 1880.

The details for the nine months this year
and last year are as follows.
OVERLAND FROM SEPTEMBER 1 TO JUNE

I.

1880-SI.
Since

1879-80.

Scj)t. 1 shipped—

From St. Louis

364,6G9

Over Illinois Central

38,193

Over Cairo & Vincennes
Over the Mississippi River, above St. Louis
Over St. Louis & Southeastern
Over Evansville & Terre Haute

110,755
137,520

Over Jeffersonville Madison & Indianapolis
Over Ohio & Mississippi Branch
1
Over Louisville Cincinnati & Lexington
Receipts at Cincinnati by Ohio River

Receipts at Cincinnati by Cincinnati Southern....

24,337
79,170
41,831
38,297
53,509
74,929

434,844
68,994
95,901
103,756

39,066
122,112
74,546
57,091
89,13®

Over other routes

25,965

296

Shipped to mills, not included above

13,062

13,482

Total gross overland

1,002,290 1 ,099,224

Deduct—

Receipts overland at New York, Boston, &c
Shipments between (or South from) Western in¬
terior towns

427.108

462,362

11,124

4,66G

837

7,500
3,641
50,991

Shipments inland (not otherwise deducted) from—
Galveston
New Orleans
Mobile

j.,1at

Savannah

2,162
45,514
1,190

Charleston
North Carolina ports

*

730
28

5,736
9,987

7,488

Total to be deducted

503,658

538,386

Leaving total net overland*

498,632

560,838

Virginia ports

o




able to

ment for the month is also in excess,

,

♦

MOVEMENT

are

-

Tight
deemed taken away by the power of disposition conferred
upon
at n>iUri^rasei’ ky the above acts;
for the liability to convey to the
BcocKiiolaers of the company an interest in the
property purchased
qiih1*01 ex*st with the power to convert the whole for other purposes
infiw? her persons. Again, the Act of 1874 secures to the stockholders
? ola tM)mPHuy
a right to participate in the benefits of reorgauizaprtv
®veet only—when the title is acquired tu the railroad propfranchises
pursuant to some plan or agreement for the
°f the respective interests
therein of mortgage creditors
withBr?c®h°lderB m the old company. This provision also is inconsistent
RfSmo tonght
embraced in the second section of the Act of 1853. It
us that these acts were
int&ided by the Legislature to
.

we

Compaied with last year the gross movement during
May shows an increase, reaching 79,515 bales, against
52,594 bales for the same month of 1880. The net move¬

mrchase
-

must be

OVERLAND

bring down
to-day to the first of June, having received all the returns
by telegraph. The figures now cover the first nine months
of the season, and being one month later furnish, of
course, a clearer indication of the year’s yield than even
last month’s figures.

now says:

No provision is made for it.
Upon the foreclosure sale the
purchaser takes the
as he chooses, as he might,
property to do with it
deal w„i»
-the stock-

AND

MOVEMENT TO JUNE 1.

Tlio statute of 1853 does not
contemplate the formation of a new

company. No obligation is imposed

CONSUMPTION

This total includes shipments to Canada by
ber 1, 1880, amount to 21,682 bales,

980

rail, which sinoo Septem¬

THE

591

CHRONICLE.

This month’s additions in the

foregoing bring the total
for each of the two years still closer together.
At one
time during the past season the gross movement was nearly
150,000 bales less than in the previous season, but since
the first of January the difference has been decreasing,
until now the net is only about 00,000 bales less.
This,
however, is no indication of a revival of shipments by the
all-rail route, but is simply due to the larger crop and
much larger movement by all routes during late months.
RECEIPTS, EXPORTS AND SPINNERS’ TAKINGS.
As

our

weekly statements have indicated, the 'May port

considerably larger than for the same month
of last year.
On the first of May the excess was 720,489
bales; this difference has been now increased, so that on
receipts

are

the first of June it reached

table of

800,537 bales.

receipts, exports, &c., is

Sept. 1,1880 Re'eipts
(} rent
June 1, since Kept.
to
1,1880. Britain.*
1881.
...

follows.

646,583

293,614

France.

Conti¬
nent.

50,228

Slocks

June 1.

Total.

443,397

45,543

Ind’nola, &c

10,080

1,508,523
377,390
20,357

817,525 298,110
80,530 22,767

348,549 1,404,184 152,830
7,419
110,722 13,268

949,330
4,855

190,45 i

37,866

205,272

499,589

20,192

611,085

170,588

60,299

262,509

433,456

10,206

49,950
115,690

27,840
57,140

9,030

37,470

49

1,444

11,222

69,812

2,101

301,829

2,850

7,597

312,270

349,931

34,503

99,091

..

Br’nsw'k.&e
Charleston
Pt. Royal,&c
.

Wilmington

.

.

Mor’h’dCj&c
Norfolk

City P’nt, &c
New York...
Boston
Baltimore
...

Pkiladel., &e.

30,127
685,429
207,891
102,476
158,030
41,042
64,354

OF

CROP

NOW

5.080

‘

95,989

2

100,002
59,050

25,470
102

10,517

IN

SIGHT.

In the

foregoing we have the number of bales which
already been marketed this year and last year. An
additional fact of interest is the total of the crop which
was in
sight on June 1. We reach that point by adding
to the above the stocks remaining at that date at the
interior town3, less stock held by them at the beginning of
have

the

In this

season.

years on

manner we

June 1 to be

as

find the result for the two

follows.
1881.

Total marketed, as above

Interior stocks in

excess

hales.

of Sept. 1

Total in sight

hales

1880.

6,238,042
111,000

0,409,711
120,000

6,349,042

5,589,711

This indicates that the increased movement up to this
date of the present year is 759,331 bales.
Hence, if there
be

further

gain in the amount received from
plantations for the remainder of the season, the crop even
then would reach 6,516,0 0 0 bales.
to

no

WEIGHT OF

99,555

New Orleans.
Mobile

Farida,
Savannah.

AMOUNT

were

Exported since Sept. 1, 1880, to—

Movem’t from

Galveston

as

Our usual

i VOL. XXXII.

We continue below

BALES.

statement of the

weight of bales.
be well to say again that, for comparison, we are
compelled to retain in our table the weights for the whole
of last year,' as in some instances we * have found it quite
impossible to obtain returns for the same nine months of
our

It may

1879-80.
Year Elid¬

494,125 107,320
95,991 11,530
120,132
5,107
58,152 11,966

Nine Months

Ending Junc 1 1881.
,

ing Sept. 1,
1830.

-

Total

Total 1879-80 4,748,973 2,320,520 347,183
*

Great Britain exports

798,939 3,406,647 411,398

include to the Channel.

Texas
Alabama

Georgia*
South Carolina...

Virginia
North Carolina...

Tennessee, &c....

follows.

Total
*

|

1880-81.

1879-80.

hales.
Receipts at the ports to June 1
Net shipments overland during same time ....

5,549,410
498,632

4,749,873
560,838

hales.

6,048,042
190,000

5,309,711
160,000

6,238,012

5,469,711

Total receipts

Southern consumption since September 1
hales.

Total to June 1

Weight in

Average
Weight.

Pounds.

061,069
1,508,523
377,390
874,542
661,035
893,320
145,823
1,115,740

338,476,777
726,142,631
191,714,120
419,780,160
311,367,316
422,790,490
68,490,146
557,870,000

6,238,042

3,036,631,640

Average
Weight.

511-55

501-15

481-36

47600

508-00

509-89

48000

47700

47103

466-00

473-28

468-00

469-68

471-00

500 00

49000

486-80.

481-55

Including Florida.

will be noticed that the movement up to June 1
shows a decrease in the average weight as compared with
It

May 1, the average on May 1 having been - 487-49 lbs.
per bale, against 486-80 lbs. per bale on June 1.
THE

The increase in the

of

Bales.

Louisiana

Using the facts disclosed by the foregoing statements,
we find that the portion of the crop which has reached
a market through the outports
and overland, and the
Southern consumption, since September 1, 1880 and 1879,
are as

Number

5,549,410 2,550,161 508,067 1,077,078 4,135,306 461,841

COTTON

GOODS

TRADE

IN

MAY.

quantity marketed during the first
The goods market opened the month comparatively
nine crop months of 1880-81 is thus found to be 768,331
bales. To determine the portion which has gone into the quiet, and so continued until about the middle of the
hands of Northern spinners during the same period, we month, although during the first two weeks more business
was in progress than for the same weeks last year.
have prepared the following.
About
Total receipts to Junel, 1831, as above
bales. 6,238,042 the beginning of the third, week large local and interior
Stock on band commencement of year (Sept. 1, 1380)—
jobbers entered the market as buyers, and from that time
At Northern ports
60,109
the tone has steadily improved. There was an excellent busiAt Southern ports
77,310—187,419
At Providence, &c., Northern interior markets
nessin brown, bleached and colored cottons, and, while such
3,999— 141,418
Total supply to June 1, 1881
6,379,460 makes as have been lately selling at relatively low prices
4K this supply there has been exported
were advanced from
to 5 per cent, discounts were less¬
to foreign ports since Sept. 1, 1880
4,135,306
ened on other brands.
The demand for printing cloths was
Hess foreign cotton included
5,897—4,129,409
Sent to Canada direct from West
21,632
very active, and the visible stock (outside of printers’) has
Burnt North and South
8,324
been reduced to 768,000 pieces, of which 419,000 are held
Stock on hand end of month (June 1,1881)—
At Northern ports
195,929
by speculators. The export trade in cotton goods was
At Southern ports
265,912—461,841
At Providence, &c., Northern interior markets..
16,274—4,637,530 remarkably heavy, and additional large orders for goods to
be made were placed with manufacturers’ agents.
Stocks
Total takings by spinners since September 1, 1880
1,741,930
are unusually
light in first hands, and the tone of the
Taken by Southern spinners
190,000
market at the close of the month was buoyant and strong,
Taken by Northern spinners since September 1, 1880
1,551,930 and is
likely so to continue, for reasons which we stated
Taken by Northern spinners same time in 1879-80
1,497,000
fully last month. That interior stocks are small, is evi¬
Increase in takings by Northern spinners this year, .hales.
54,930 denced
by the active buying so late in the season ; and the
The above shows that Northern spinners had up to very large consumption and export in progress, is sure to
June 1st taken out of this crop 1,551,930 bales.
Their tax to the utmost the capacity of Northern spindles to
purchases in May this year appear thus to have been some¬ manufacture goods. A very active fall trade, at g'ood
what larger than during May last year.
prices1 seems to be assured.




..

..

THE

4, 1881. J

June

Af

1879.

1880.

1881.

CHRONfCLE.
to

CotVn Print- Sheet CotVn Print- Sheet- CotVn Print Sheetlow
ina
ina
low
ina
inqs,
ings,
ings,
low
mid- cloths, stand- mid- cloths, stand- mid- cloths, standard.
64*64
ard.
64*64
dling.
dling. 64*64 ard. dling.

4 V

—

i
.

S.

S.

978

3*4
3%
3*i
3*4
3*4
3*1

91*16
913io
91*16
91*16
91*16
8.
9.

3*1
3*4

9H16
91110
91116

10.
11.

L

3Hi6
31116
3lli6

9*4
9*4

.

1

8.

s.

91*16
91*16
91*16
978
91^16

31116
3*1

31*16
378
37a
378

10

21.
22.
23
24.
25.
26.
27.
28.
29.

s.

s.

3~8

10
10
10

37s
378

10*16

3lo16

10*16

4
4

10 J4
s.

8.

llhrt
11'16
11*8

Uhe

llhe
11716

S.

S.
3*1

s.

9*4

c

S.

Tlie above prices
for printing cloths,

914

47s
47a
47s
47s

914
914
914
914
914
8.

9i4

4

H°1G

4Hs
41^2

P1-4
914

OH

4io

4*2

914
914

8.

8.

4*2
4^
412
412
414
414

914
914
914
914
914
914

s.

H’day

H’day
im

11716
1171G

1171G
s.

8.

8.

11*8
11*8
11*8

414
414

914
914
914
9M
914
914

4
4
4

11*16
11°16
III4

4ii6

ll9io
ll“l«
11“16

378
378
378
8.

8.

111*16
12*16
12*,«
1218
12i0
12 is

4
4
4
4

1116
418

S.

8.

12is
121a

413
419
4i8
419

12*16
*2°ig
12®ie

12*16
8.

1215J6
137,6
13*16
131,6
121*16
121116
8.

1215i6
121116
12Hie
12Hi6

4X8
419
8.

4*9
419
419
419
419
419
8.

419
414
414
414

8
8
8
8.
8
8
8
8
8
8
8.
8
8
8
8
8
8
8.
8
8
8
8
8
8
8.
8
8
8
8

are—For cotton, low middling upland at New York;

manufacturers’ prices; for sheetings, agents’ prices,
discount of 5 per cent.

THE LAND LEAGUE\

regarding the situation in Ireland indi¬
; and the peasantry, backed
up by the Land League, are not only setting the law at
defiance, but setting up a law of their own. Collisions
between the peasantry and the police are of constant
occurrence ; and the Government,
it is said, is contem¬
plating the complete suppression of the League.
Mr. Gladstone and his associates in the ministry know
well that they will not be readily forgiven, if as the result
of excessive leniency, they allow Ireland to drift into a
condition of anarchy. The presumption, therefore, is, that
the rumor is well founded that that portion of her Majes¬
ty’s dominions will, if the collisions continue, be placed
under military rule.
The latest news

evictions continue

cates that

_

It did

in

seem

was

a

time

as

if the tide had turned

favor, and the last of her list of griev¬

Ireland’s

ances

for

about

to

be

For the first time

removed.

were found giving free expres¬
sion to their convictions that Ireland would soon become

in

a

history, statesmen

of the Queen’s domin¬
had been redressed;
of 'complaint had been reduced to a minimum; and

contented and prosperous section
Grievance after grievance

ions.

causes

when the

new

Land bill should have

surely would be happy.
sooner were

Ireland

On the contrary, however, no

the Liberals in office—no

sooner was

there

a

reconsideration of the relations of landlord
tenant—than Ireland presented a scene of discontent

prospect of
and

.

become law,

a

and disorder.
measure

When the Land bill

conceived in

a

broad and

was

introduced—a

liberal spirit,

and

admittedly highly favorable to the tenant—every conceiv¬
able obstruction was flung in its way. Its progress has
been blocked by some fifteen hundred amendments; and
the spirit of discontent and lawlessness finds more forceful
expression than
No

ever.

permitted to doubt the cause of the present
unhappy state of things. Mr. Parnell and his Land
League are alone responsible. The League has been from
the first the fruitful parent of resistance and obstruction ;
and, if now, at this late hour, it should be suppressed
and the
country placed under military rule, Mr. Parnell
and his associates can blame no one but themselves. They
demand reform in the land laws ; and they make it
impossible for the Government to accede in any reasonable
way to their request.
Mx. Gladstone had certainly a right
one

is




It has been his

in office to

from her all

of

complaint. If it
Ireland, and of Irish
so-called sorrows and wrongs, and not unwilling to take
refuge in the House of Lords, thus leaving the battle to
be fought by other and younger men, no one who has
watched his career will be ready to blame him ; but the
Ireland of the future may have reason to regret that it
trusted Mr. Parnell so much, and Mr. Gladstone so little.
remove

cause

should be found that he is tired

of

Under the stimulus of the

s.

GLADSTONE AND

He has been pre-eminently
steady purpose while

expect different treatment.

the friend of Ireland.

FINANCIAL REVIEW OF MAY.

8.
8.
H’day H’day H’day
H’day H’day H’day H’day H’day H’day
'

which are subject to an average

MR.

5*

4^

11716

8

4

8.

Hb16
11516
11»16
11°16

S.
8
8
8
8
8
8
S.
8
8
8
8
8
8
S.

S.

41o
8.

s.

8
8
8
3
8
8

H’day H’day H’day
1014

914

5

S.

8
8
8
8
8
8

595

Treasury operations, and the
great success of Secretary Windom in extending the fives
and sixes of 1881 at
per cent, May became a decidedly
buoyant month. In a word, there wras the immediate
prospect of such heavy disbursements by the Treasury up to
August 12 as would throw on the market a superabundance
of loanable funds, and after that date the gradual disburse¬
ment of perhaps $65,000,000 more during the autumn, in
payment for bonds to be called or purchased for the sink¬
ing fund.
The support lent to the Stock Exchange markets by the
monetary prospect was well backed up by the great body
of railroad capitalists and operators who were heavily
interested in the floating of new bonds and stocks—whether
of watered stocks or income bonds representing clear profits
to the holders, or new bonds on railroads in process of
construction, sold in the open market for cash.
The money market was easier and easier as the month
progressed, and on call loans the rates on the different
classes of collaterals were 2@4 per cent.
Time loans for
two to four months were made at 2£@3£ per cent, and
prime commercial paper sold at 3@4 per cent.
Investment securities of all sorts were in great demand,
and many of them rose to the highest prices ever made ;
United States fours of 1907 sold up to 11SJ.
Railroad
bonds advanced materially wherever their prices were not
already so high as to leave no margin for a further rise.
In speculative stocks and bonds the business was mod¬
erately active, but the volume of transactions was not up
‘

periods of stock
speculation. There were great combinations, negotia¬
tions and law-suits in progress, which engaged the atten¬
tion of many of the heaviest operators.
Also, the floating
of new stocks and bonds was the favorite game of the day,
as an
easy source of large profits, rather than the oldfashioned method of heavy bull or bear movements at
the Stock Exchange. The bears in stocks were temporarily
disheartened, too, as the plethera of money had given a
strength to prices which more than overbalanced in the
market the well-known loss of earnings on the western
railroads from January to April inclusive.
The general
tone of the stock market in the latter part of May was one
of great strength.
Foreign exchange made a considerable advance up to
the middle of the month, and the bankers even talked of a
possible export of specie; but, from the 15th, rates fell off,

to

the

standard of the most rampant

and the outward movement of railroad
market to

Europe

was so

securities from this

large that it more than balanced
cent government bonds sent

the return of five and six per
home for

redemption.

The total transactions at the

with

Stock Exchange, companed

previous months, were as follows :

U.S. CrOTemni’t bonds
State bonda

Railroad bonds
Bank stocks.. .shares

Railroads, &o.,

“

$2,713,100

$3,004,200

2,490,800
42,042,150

33,762,290

2,258,500

664

12,132,323

.

Mat-

Apr.

Mar.

Feb.

$4,692,000
20,114,320
34,237,860

$4,194,200
3,618,500
58,436,600

539

971

756

10,839,765

8,186,655

12,378*730

THE CHRONICLE,

596
The

following summary shows the condition of the
New York Clearing House banks, rate of foreign ex¬
change, and prices of leading securities and articles of
merchandise,

on

about the

or

June in 1879,

of

1st

[VOL. XXXII.

Mar. 31.
Albany & Susq’hanna *121
Bos. & N. Y. Air-L. pf
46
Buff. Pittsb. & West.
Burl. Ced. Rap. & No,
t75
Canada Southern....
81%
Cedar Falls & Minu
Central Iowa
Do
2d pref
Central of N. Jersey.
102%
Central Pacific
88%
Ches. & Ohio
26%
I)o
1 st pref
44%
Do
2d pref.
33
141
Chicago & Alton
*
Do
pref. 141
Chic. Burl. & Quincy.
168
Chic. & East. Ill
Chic. Mil. & St. Paul. xlll%
*
Do
pref. 120%
Chic. & Northwest...
124
«

-April.

Railroads.

Low.

STATISTICAL SUMMARY' OX OR ABOUT JUNE 1.

1879, 1830 VXD 1881.

1881.

New York City Batiks—
Loans and discounts

$ 332,025,700 273,216.400 %57,272,800

Specie

$

79.13 4,800

59,271.700
20,238.100

$

Circulation
Net

1879.

1880.

18,785,400

19,301,200
19,869,400
& 332,182.800 262,762,600 225,754,000
$ 18,633,800 22,547,400 41,791,400
83,045,700
56,438,500
$
65,8 10,650
97.708,600
60,576,800
$
8l,819.1c0
$ 14,722,900 16,128,450
4,038,300

deposits

Legal tenders
Legal reserve

40518323
Reserve held

Surplus
Money, Exchange, Silver—
Call loans

Prime paper, sixty days
Silver in London, per oz
Prime sterling bills, GO days..

2 ®3
3®4

4%@5

oin^d.

52i16d.

3

@4

4 84

4 87

103%

106%

131

123

104*4
115*4

103*4
10938

118*8

109

3 ®5
4®5
4

52*4(1.
8734-4 88%

United States Bands—

cou. (continued at 3%)
68, currency, 1898
5s, 1881, coupon
4*28, 1891, coupon
48 of 1907, coupon
Eailroad Stocks—
New York Central & Hiul. Riv.
Erie <N. Y. L. E. & W.)
Lake Shore & Mich. Southern.

6s, 1881,

Michigan Central

Chicago Rock Island & Pacifie

45
42
70

97
78
190
102
89

125*3
1015s

56

10151(}

llhlft

13*8

34®41
24 00
1 25® 1 26
49 ©57%
16 75

51%

NEW YORK CITY BANK MOVEMENTS IN MAY.

banks in each week of
N. Y.

May

City Bank Statements.

Loans and discounts

Jfay

were as

City Clearing House
follows

:

Circulation

Net deposits

Legal tenders
Legal reserve
Reserve held

Surplus
Range of call loans

Rate of prime paper

May 14.

May 21.

May 28.

CLOSING PRICES OF GOVERNMENT SECURITIES IN MAY,

6s,
4 s,
6s,
5s,
4%S,
Cur.,
1881, 1881 1891 1907
1898,
May coup. coup.
coup
coup

1..
2..
3..
4..
5.. 103%
6..
7..

8..
9..
10..

x‘o‘i%

116%

116%
116%

101%
101% 114% 116%
......

S.

i*0*3% 102*’

May.

19..
101*4 116*4
20.. 106% L01%
21
117%
9.0.
S.
23.
1*0*434
24..
104%
25
104%
117%
26..
105
118

ii7%

S.

"ce

May.

O

1
2
3
4

fc.

«

29..
30

s.
Holid

31..

104% 116%

-

n,\r

aJ

-

Low.
Clos.

- •

5

Bank

101*3i6

r..

10111x6
102l16

102<>i6
1021 *if

9
10
11
12

I023ie
102^x6

8.
Holi
104
104
104
104
104
S.
104
104

117%
117%
117%
117%
117%

May.

©

20
21
22

day..

119
119
119
119
119

:

102%

106

1

1029i6 106%!

1*2*6%!

120
117% 120
117%; 120

2

^2

5s 0/
1881.

4%s

4s of
of
1891. 1907.

1021316 107*4 117% 120*4
10211x6 107% 117% 120%
1029x6 107*4 117% 120%

102716
102516

107*4 117% 120%
121
107*4 118
121
107*4 118

1*0*23x6

107*4 118% 121

102o16

8.

118
102316 107
101 13x6 104
117%
Highest... 1021316 107% 120
Lowest
umiie 104 117%
118
Closing
102316 107
..

...

...

1 S’ce Jan.
1
1

Highest... 10213x6
| Lowest
9S%6
...

121

119
121
119
121

121
107% 120
103
L14*4 115%

RANGE OF STOCKS IN APRIL AND MAY.

The

following table will show the lowest, highest and clos ing prices of railway and miscellaneous stocks at the New York
Stock Exchange during the months of April and May:




89

24
40

2G%
44%
33

43
33

132
145
162
90
108

140%

134%

119%

126%

113%
126%

119*4
131%
132%

124%

124%

28%

145
165
t90

166*8
90

113%

73

40%
93%

58
85
132

137

137

138%
77%
43%
100%

136*4
75%
*41%

65

Milwaukee & North..
Mo. Kaus. & Texas
46
Missouri Pacific
Mobile & Ohio
26%
Morris & Essex
122%
Nashv. Chatt. Sc St. L.
78
N. Y. Ceut. Sc Hud. R xl40%
New York Elevated
*124%
N. Y. Lake Erie & W.
48%
Do
pref.
88*4
N. Y. & New Eugl’d.
N. Y. N. H. & Hartf’rd 175
N. Y. Ontario & W...
36%
Do
pref.
Norfolk & West., prf.
Northern Pacific....'.
Do
72
pref.
Ohio Central
31
Ohio & Mississippi...
44%
Do
pref.
Panama
Peo. Decat. & E’ville.
39%
.

......

63%
132

Rochester & Pittsb..
Rome Wat.& Ogdens.
St. L. Alton & T. H
47
Do
pref. 129%
St.L.I.Mt, & South...
65%
St. L. & S. Francisco.
*41
Do
63
pref.
Do
1st pref.
*95
St. Paul & Duluth
Do
pref.
73*4
St. Paul Miuu. & Man
Texas & Pacific
56
Texas Sc St. Louis
Tol. Delplios & Bur..
Union Pacific
Xl20%
United Co.’s of N J..
......

...

......

.

Do
pref.
Telegraph.
American District...
American Union
Atlantic & Pacific....
Western Union
Do
ex-cortifs
Express.
Adams
American
United States

.

.

26

22%

21

46%
89%
G4%
46%
114%
78%

......

*118

...

Mariposa L’d & Min.
Do
pref..
Maryland Coal
..

......

*2%
5

56*4
*35
*10
*5
*26

3%
*3
*5

*26
......

45

tS2

76%
59%

>

105

58%
101
70

74*4
138%
100%
50%
91%

136%

19
43
54

x!31% xl26%
27%

27%
101
80

101%
80%
39

23*4
*55*4

58%

50

98%
33%
48*4
36%
147
147
173
95
129
140
135
146

112%
125%
12 1%
137%
137
76

88

41%
97%

47%
103%

62
87

l(il%

67%

32%

73%
126%
+107*4
86%
86%

117%
*105%
77
110

1L0

85
116
250

58%
104
250
72

135%

146%

96

96

48*4

57%

92
17

92

30%

52%

54

49%

64%
135%

126%
26%
99%

50*4

45

30%
123

84%
145

107*8
47*4
87%
178

31%
^

68%

75%
3 L *4

*42

71%
29%
43%

44%

106

106%
258
40

38%
53*4

65%
132% ’ *13L
140
31

29*4

23*4
57*4
129

108%
51%

55%
123

.

123
85
145
103
47
83
60
180

42%

46%

43%

72.
29%.

85

83%

37%
47%

34

43%
108*4
247%

98*4

92

83
91

63*4

61*8

.

„

«

•

62
142
145

30
55
x97

„

81%
’

60%
41%

42%
89%
93%

63%
47*4
33

186

186
58

SO
43

82%
132
80

57
113

64
119*4

x88%

47%
88%

x58%

55*4

tso
t47

116%
81*4
*129

78%
'61%
113*8

25

3*8

x2

5

*4%
54%

•58%

31
9
5

37

25%

26%

30
3

30

f Prices asked,

49
75
110

68
100
38

127%

*47%

10%
5

3%
9

9%
27
29

*9%
*5

*24%

+36%

69 '
77%
143%;s:
82
79%

27

48%
92

......

36

117%

123%
72%

6
27
26

•

33%

26

117%

4*4

59

117%

113*4

53*4

44%

28

x68

4%

......

121%

x52
78
46

25
2

'

44%
119

47%

28%

91

*65

126
270

39
53
134
138

64%

98*4

110

36%

46

39%
84%

50

105%
31%
129%
90%
149%

40
70
70

64%
68

63

70
61

31*4

45%

77

56
19

49
51%
88%
92%
65%
185*4 *185

66%

42%

27%

152%
111%

46
68

86%

106%

102%
29%
59%

59
54
110
39
130
95

44%
94%
30*8

62*4

26
114

110%

15

40
62
95
36
73
91
54

.

131
30

112%

*4*6%

•

.

61%

116%
64%

*3*8*4

......

26

32%

•

51
129
140
26
25
43
125

54%

.

34

82
22

142%

91

180
38

36%

83%

115
t250
92
93%

95

173

40%

20

77
128
111

90%

89

102
237

98

142

135*4
24*t

11
6L
86

84

28

-44%
105%

14%

48%

32%

141%
144%

14%

30%

140%

135
130

24

124
86
147
125

105*8
44%

125%

17

47%

76

*145

22

■

24%

95%
30%
45%
33%
143%
* xl73

148%

53

120%

101%

22

57%

43

77%
34

106*4

60

.

73

Coal and Mining.
American Coal
Cameron Coal
Caribou Consol. Min..
Cent. Arizona Min
Colorado Coal & Iron
Consolidation Coal...
Deadwood Mining...
Excelsior Mining....
Homestake Mining ..
Leadville Mining....
Little Pittsb’g Min..

Prices bid.

.

*128*4

Wells, Fargo & Co

New Central Coal.

.

82*4
40

45

135
147
165
90

62*4

90%
86%
132% *133%

41

22

97%
86%
26*4
43%
32%

98

.....

75%

50

97%
86%
26%

57*4
116
88*4
Michigan Central.... xll3% xl03*4 x!13% x!08%
Mil. L. Sli. & W. pref.
44%
44%
52*4
51%

Wab. St. L. & Pacific.
-

S.

119% 28
117% 119% 29
102316 101*4 117% 119%
102116 101%; 117% 119%
120
10llo16 105*4! 118
Opening
102116 105%; 120 121
8.

IN MAY.

1029x6 106% 117% 120*4
120%
102916 107% 118

*27

i 1*7 %

102516 105% xl7%
102%6 105%! 117%

19

«

72
75%

103%

.

...

135
135
103% 101% 114% 116% 135
106% 104% 116% 118% 135

£

44
90

81%

.

.

5s of
4s of
of
1881. 1891. 1907.

40
75

24

76%

..

Open 103% x01% 114% 116%
116% 118*4
High 106% 105

i

4%s

tso

Rens8el’r& Saratoga.

118*4
118%

104%

CLOSING_PRICES OF CONSOLS AND U.S. SECURITIES AT LONDON
•2

25%

43%

71%

Erie & Pittsburg
Hannibal
St. Jo....
59%
56*4
Do
nref. 101*4 100
Harlem
Houst. <fc Tex,
67
08%
Illinois Central
136% 133
Indiana Bl. & West..
83 •
82
Do
do
new
49%
Int. & Gt. Northern*.
69
Kcok. &Des Moines.
17%
Do
48
pref..
Lake Erie & West....
53
45%
Lake Shore
x!3l% xl22%
Louisiana & Mo.Riv.
25
24%
Louisville & Nashv..
91%
90%
Louisv. N. A. & Chic.
63
Manhattan
21*4
38%
Manhattan Beach Co.
42
41%
Mar’tta & Cin. 1st pf.
12
12%
Do
2d pf.
7%
7*4
42
Memphis <fc Cha’ston.
Metropolitan Elev...
115%
85%

Pittsb. Ft. W. &C.guar.

103%

103% 116*4! 117%
H'3% 116
lr7**
104
1117% 1135

132

Pliila, Sc Reading....

..

115% 116%
117

87%

*4*2%

..

102%

11..
12
13..
14..
15..
16..
17..
18..

1881.

6s
5 s,
6s,
4s,
4%s,
Cur.,
1881.
1881,
1891, 1907,
1898.
coup. coup. coup. coup.
reg.

reg.

S.

71%

60%

13 L
48

20

92*4
83%

..

..

7.

t310.8i70.000 $317,730,900 $324,192,800 $332,025,700
73.346,500
76.887,700
80.513.500
79.134.800
18,664,200
18,5«6,900
19.135,30c
19,301,200
305,033,900 316,818,400 326.611,700 332,132,800 c
16.024,600
17,134,100
17.873,000
18.633.800
$73,253,475 $79,204,600 $81,652,925 $33,045,700
89,371,100
94,021.800
98.391.500
97,768.600
$13,112,625 $14,817,*00 $16,738,570 $14,722,900
3©6
2@4
2@4
2©4
3 >^@4%
4©5
4©4%
3%©4

Specie

Danbury & Norwalk.

43

46

72%

.....

43 ©48
32©38
22 00 5)23 00 18 50® 19 00
1 405)1 42 1 15*3© 116
53® 55 *3
4l%®43%
11 10©11 15 10 12 ©10 25

The statements of the New York

136*4
136%
73%
100*4

...

63

60*4
52%

x

Dubuque & Sioux C..

138%
87*4

69%
72*3

pref.

123%

^

High. Jfoi/31.

48

Del. Lack. & West’m. x122 % x115% x123
x!18%
Denver & R. Grande x!07%
101% 108% 106%

119*3
27%
75*8
78%

126*4

...

Cotton, Middl’g Uplands.$ fl>.
Wool, American XX
$ lb.
Iron, Amer. pig, No. l..$ ton.
Wheat, No. 2 red win.$ bush.
Corn, Western mixed.. $ bush.
Pork, mess
$ bbl.

131
113

130

com.
com.

Delaware Lack. & Western
Central of New Jersey
Merchandise—

124*4
32*3

143*4
142*3

Illinois Central—

Chicago & Northwestern,
Chicago Milw. & St. Paul,

14958
48%

107%
xl22%
103%
106*3
103*8

Do

Cliic.& Rock Isl., new
Chic. St.L. & N.Orl’ns
Chic. St.P. Miun.&O.
Do
pref.
Cin. San. & Clev
Clev. Col. Cin. & Ind.
Clev. & Pittsb., guar.
Col. Chic. & Iud.Cent.

'

123

122%

.

1880 and 1881:

May.

v

High. Ar>r. 30. Low.

96*4

48
74
110

*95

66

125*4
53%
93%

62
89%
56

55%

129*8
92%

127%
88

130
78
6L

137

137
87
73

117%

126%

81

47%
114

80%

88%
73

60

65

27%

45%
3*4
4%
65%

2
4
55
38
8
5
25

*3%

3*4
5%

6%
8

7

‘27%

27%

27%

27%

| Ex privilege.

43
10

5*4
25

4%
7%

c

126%

43*4
*3

4%
GO

*7%

*4%
*24

3%

7%
35
34

32%

7

—April.
N.Y.<x

Straits v. G.&I.

Min’g.

Ontario Silver

Pennsylvania Coal...
Mining
onicksilver
1
Silver Clift Mining ..
Standard Cons. Mm’g

15*3
62%

62i0
45s

pref.

Do

240

Stormont Mining....

•

•

•

•

•

—

35
Cent.of N. J. L’d Imp.
112
Del. & Hud. Canal...
*33
N. Y. & Texas Land.
Oreg’n R’y &, Nav.Co. 1150
55%
Paeiftc Mail
-----

Pullman Palace

Sutro.Tunnel

65

25

24

4

3*4

60

61
36

60
*35 '

32*3

112%

107
.

r

158

52*4

57*8
145

•

Current Liabilities—
Interest due and unpaid
Debt on which interest has ceased
*
1
Interest thereon
Gold and silver certificates
U. S. notes held for redemption of certificates of deposit.
Cash balance available June 1, 1881

10S78

45

36
152
52

1695s
58 7b

130*4

135

2*3

178

*45
16G
53

Character
Issue.

134%
2%

j Ex privilege.

t Prices asked.

Prices bid.

J lay.
i
O

4-84

3....
4....

4-84*3

K
.

6....
7....

4-86
4-86*3
4-87
4-87
4-87
4-87

4-85
4-85
4*85
4-85
fl

Q

9....
10...
11....
12....

May.

mand

days.

4-85

4-87

4-85*3
4’85*s

4-87*3
4-87*2

4-86

4-88

De¬
mand.

60

De¬

60

days.

25....
26....
27....

4-80*3

4-88*a

4*86

4-88
4-88
4-88

28....
29....

S.

4-86
4"86

De¬
mand.

days.

4-88*3
4-88*2

4-86*3
4-80*2

13....
14....
15....
16....
17
18....
19....
20
21....
22....
23....
24....

1881.

60

May.

4-87
4*87
4-86
4-30

4-85
4-85
4-84
4-84

s.
30.... ....Holi
31.... 4-84

4-86*3

outstanding.

Central Pacific
Kansas Pacific
Union Pacific....
Central Br„ U. P.
Western Pacific..
Sioux City & Pac.
Total

Interest

paid repaid by
by U. S.
transjwrtat'n

$25,885,120

$19,569,787

6,303,000
27,236,512
1,600,000
1,970,560
1,628,320

5,183,883
20,872,373
1,309,808
1,372,664
1,220,049

$64,623,512

$49,528,566

Balance of
interest paid

by U. S.

$3,435,860 $15,485,655
2,534,282
8,065,067
92,100
9,367

2,649,600
12,807,305

1,210,780
1,363,297
1,100,388

119.660

$14,256,338 $34,617,028

The Pacific Railroad bonds are all issued under the acts of July 1,
1862, and July 2, 1864; they are registered bonds in the denominations
of $1,000, $5,000 and $10,000; bear 6 per cent interest in currency,
payable January 1 and July 1, and mature 30 years from their date.

4-86

IMPORTS AND EXPORTS FOR APRIL, AND
FOR TEN AND TWELVE MONTHS ENDED
APRIL 30, 1881.
,

Range

High 4-86*2

S.

Low.

4-86
4-87

4-84
4-85

UNITED STATES.

day...

4-86*3

4-84*3
4-81*3

PACIFIC RAILWAY COMPANIES.

Interest

Amount

of

..

BANKERS’ STERLING EXCHANGE (POSTED RATES) FOR MAY,

155,161,896

$236,496,098

INTEREST PAYABLE BY THE

X

..

*

10,600,005
737,292
56,685,850
10,860,000

$236,496,088

BONDS ISSUED TO THE

......

114*3

$2,451,043

Total
Available Assets—
Cash in the Treasury...

73

......

2

2*3

C*2
2314

4

56%

109*8
t39

,

135

5*4
22*4
3*4

......

18'

19%
G8*3
650
24*3

17*3

18*8

2

45%
145%xl31
1*2
1&8

Car.

2 45

x240

7

•

23%

•

Various.

Canton

240
20
68

'33

38
250

37%

37%

37%

5

247b

'

High. M

Low.

56*3

56*3
36 *2

*35
*225
15

May.—

.

High. Apr. 30

Low.

Mining. Jfar.31.

Coal and

597

THE CHRONICLE.

1S81-1

June 4,

4-84

4-88*2
4*86

[Prepared by the Bureau of Statistics.]

given the tenth monthly statement for the fiscal
year 1880-81 of the imports and exports of the United States.
The excess of exports and of imports of merchandise, stated
it £n specie values, was as follows:
Below is

THE DEBT STATEMENT FOR

MAY, 1881.
The following1 is the official statement of the public debt as
appears from the books and Treasurer’s returns at the close of
business

on

the last day of May, 1881:
DEBT.

INTEREST-BEARING

Twelve months ended April 30, 1881 (excess
Twelve months ended April 30, 1880 (excess

Amount

Character

Author¬

When

of Issue.

izing Act.

Payable.

The

Outstanding.
as

Ilcgistered.

6s.0r.War.. Mar. 2,’61 July 1,
6s of 1881.. July 17,’61 Juno 30,
Gs of 1881.. Mar. 3,’63 June 30,
5s of 1881.. July 14,’70 May
1,
4*36 of 1891 July 1 A,’70 Sept. 1,

Month ended April 30, 1881 (excess of exports)
Month ended April 30, 1880 (excess of import*)
Ten months ended April 30, 1881 (excess of Imports).
Ten months ended April 30, 1880 (excess of exports)

Coupon.
$688,200

$.

’81
’81

109,338,600
45,000,250
321,194,900
178,332,500
540,183,350

’31

’81
’91
4a of 1907.. July 14,’70 July 1,1907

30,706,050
9,545,500
118,6-16,450
71,667,500
193,469,600

of

excess

follows:

MERCHANDISE.

$61,850; do 1865, $77,250; consols of 1865, $177,150; do 1867,
$1,439,550; do 1868, $123,900; 10-40s of 1861, $332,750; funded loan
of 1381, $5,741,150; 3’s certs., $5,000.
DEBT BEARING NO INTEREST.

For the
tit of
A pril.

Old demand notes

July 17, ’61; Feb. 12, ’62
Feb. 25, ’62; July 11, 62 ; Mar. 3,’63
Certificates of deposit June 8, ’72
Gold certificates
March 3, ’63
Silver certificates.... February 28, ’78
July 17, ’62; Mar. 3, ?
jqoqc
Fractional currency
’63; June 30, ’64 5 ^
,0Jb
Less amt. est’d lost or destr’yed, act J’e 21,’79
8,375,934

Legal-tender notes

^

$60,630
346,681,016

50,773,250

Amount

Outstanding.
-

Bonds at 6 per cent....
Bonds at, 5 per cent....
Bonds at 4*^ per cent..
Bonds at 4 per cent....
Refunding certificates.
Navy pension fund

bearing

no

$1,639,567,750
10,600,005

rnat'rily

deposit

Fractional currency
tt

,

T°-tal debt bearing no interest

$121,396,598

Unclaimed Pacific Railroad interest...

i

Total cash

principal and interest, to date

in

Treasury

Debt, lesscag]1

in
^eut, less cash in
1
.—

|$2,071,564,354

- - • -:

Tnf

74,366,455

Imports

GOLD

1881

5®orease of

debt during the past month.
-decrease of debt since June 30.1880




$15,028,326

$93,372,327

$99,144,179

854,711

9,343,270

11,126,510

$1,177,075
9,786,531

Foreign— Gold

9,154
421,237

3,907,609

Silver..

Imports— Gold
Silver

Excess of imports over exports
Excess of exports over imports

$14,063,501

$92,687,271

$92,281,837

1880.—Exports—Dom.—Gold..

$3,289,336

$47,092

$1,634,059

Silver..

94,358

6,377,545

Foreign—Gold

42,100

1,357,108
4,813,681

232,833

Total

Excess of exports over
Excess of imports over

exports

—

Total

$1,852,921,971
1,364,072,69.3

$11,150,721

89,250.323

9.318,132
1,492,894
5.614,324

$416,383
$166,432

$14,182,393
$79,986,544

$19,714,686

975,594

10,492,674

$1,142,026

$90,479,218
$

13,351,523
$93,666,630

imports $

Foreign

236,496,083

157.111

$16,185,691 $107,715,597 $L 10,270,689

725,643

"76,296,825

$80,315,107

$
73,951,944

COIN AND BULLION.

$70,848,293 $770,706,093 $907,509,248
23,059,193
19,103,041
2,155,057
$330,568,441
$789,809,134
$73,003,350
763,^36,317
75.339.305 635,889,982

Imports
$153,919,152 $166,732,124
Excess of exports over imports $
2,335,955
Excess of imports over exports

1380.-—Exports—Domestic
Foreign

Treasury, June 1, 1881...
Treasury, May 1, 1881...

$2,122,190
$15,330,980

$79,539
1,612,260

Silver..

18S1.—Exports—Domestic

$17,853,705
$2,089,418,059

616,830,000

$1,318,055
10,981,840
663,989
5,024,968
$17,988,852

.—Exports—Dom.—Gold..

TOTAL MERCHANDISE,

6.746

542,563,503

11,143,542

AND SILVER—COIN AND BULLION.

Silver

$17,109,666
737,292

9,360,390

Excess of exports over imports $
$155,276,374 $178,460,218
3,805,917
Excess of imports over exports

Total

346,741,616
10,860,000
56,6S5,850
7,109,102

notes

Gold and silver certificates

887,405

Imports—Gold

14,000,000

17,370,236

$70,560,538 $697,839,877 $795,290,218

Silver.

738,652,950
69-1,850

15,038,321

Total

439.841,350

250,000,000

ended

pril 30.

$69,673,133 $688,479,487 $784,146,676

$196,378,600

interest—

X1!L^ma,1d of
and legal-tender
Certificates

Interest.

A

1880.—Exports—Domestic
Foreign

Total

RECAPITULATION.

April 30.

For the 12
mos.

$70,881,160 i$774,780,80S. $912,579,589
59,153,614 528,174,385 653,565,628
Imports
Excess of exports over imports $11,727,546 $246,606,423 $259,013,961

Total

6.746

Railroad interest

10

ended

Total

7,109.102

$421,396,598

Aggregate of debt bearing no interest.
Unclaimed Pacific

1,724.666 |

Foreign

10,860,000
5,912,600

For (he
mos

$69,156,494 $759,742,487 $895,209,353

1881.—Exports—Domestic

v.

TT

■Vebt

man

Amoun t.

Authorizing Act.

Total interest-bearing debt

76,296,825
92,281,837
73,951,944

[Corrected to May 24, 18S1.J

There is a total of over-due debt yet outstanding, which has never
been presented for payment, of $10,6U0,005 principal and $737,292
interest. Of this interest, $600,811 is on the principal of called bonds,
which principal is as follows: 5-20s of 1862, $373,350; do 1864,

j.
Deotou
wh ich int.has ceas'd since

725,643
92,687,271

The total values of

$1,639,567,750

DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.

debt

$14,063,501

Month ended April 30, 1881
Month ended April 30, 1880...-.
Ten months ended April 30, 1881
Ten months ended April 30, 1880
Twelve months ended April 30, 1881
Twelve mouths ended April 30, 1880

On the above issues of bonds there is a total of $2,451,043 interest
over-due and not yet called for. The total current accrued interest to
date is $14,658,622.

Interest-bearing

...

imports of gold and silver coin and bullion was

14,00 0,000

Aggregate of interest-bearing debt

.

...

imports and of domestic and foreign
exports for the month of April, 1881, and for the ten and
twelve months ended April, 18S1 and 1880. respectively, are
$1,195,149,600 $429,723,300
$6!) 4,850
presented in the following tables, all in specie values:

4s, ref. ctfs. Feb. 26,’79
3s,navyp.fd July 23,’68

Character of Issue.

of exports)
of exports)

$11,727,546
3,805,917
246,606,423
155,276,374
259,013,961
178,460,218

.. ..

$G9,814,583
1,162,338

Total
$70,976,921
75,508,481
Imports
Excess of exports over imports $
4,531.560
Excess of imports over exports

$796,754,144
15,531,179

18,250,760

$815,004,904
633,042,721

710,496,630

$78,979,549 $lu4,508,‘2t> *

598
The

THE

following is

a

CHRONICLE.

statement showing, by principal customs

-districts, the values of merchandise imported into and exported
from the United States during the month of April, 1881:
1
Customs Districts.

Domestic

Imports.

Baltimore, M<1

$1,044,709

Beaufort. S. C

Foreign
Exports.

Exports.

$4,338,173

$1,845

215,744

Boston, &c., Mass
Brazos, Ac., Texas
Brunswick, Ga

7,490,935
192,893

0,280,931
98,419

100

Buffalo Creek, N. Y

130,327

281,143

Champlain, N. Y

151,418

13,150
140,208
2,290,790

Charleston, S. C

8.074
63,309
102,150

Corpus Christ i, Texas

54,300

354,321

553,193

39,440

19,389
47,224
08,131
110,724

161,725
848,211
7,810

1,052,881
39,391,942

11,268,032
29,100,431

219,277

1,207,305

035

9,483

Genessee, N. Y

Minnesota. Minn
:

New York. N. Y

Niagara, N. Y
xVorfolk, Ac., Va
Oswegateliie, N. Y
Oswego, N. Y
Passainaquoddy, Me

39,310

752

Pearl River, Miss

Pensacola, Fla
Perth Amboy, N. J
Philadelphia, Pa
Portland, Ac., Me

7,020
30,179
2,373.422
231,985

Puget Sound,W. T

2,989

Richmond, Va
Saluria, Texas
San Diego, Cal
San Francisco, Cal

Wilmington. N. C
All other customs districts

7,750

22

18,423

770

67,836
3,348,439
1,170,980

89,089

Treasurer, for
May, was issued this week.
It is based upon the actual
returns from Assistant Treasurers, depositaries and
superintend¬
ents of mints and assay offices :
l, 1881.

Currency and minor-coin redemption

account
Fractional silver-coin redemption account
Interest account
‘
Interest account, Pacific Railroads and L. & P. Canal Co....
Treasurer U. S., agent for paying interest on D. C. bonds
Treasurer’s transfer checks and drafts outstanding
Treasurer’s general accountinterest due and unpaid
$5,270,290
Matured bonds and interest
500,284
Called bonds and interest
$10,035,701
Old debt
801,252
Gold certificates
5,912,000
Silver certificates
50,773,250
Certificates of deposit
10,800.000
Balance, including bullion fund
153.042.924

Total Treasurer’s general account
Less unavailable funds

Gold coin
.‘
Gold bullion
Standard silver dollars
Fractional silver coin
Silver bullion
Gold certificates
Silver certificates
United States notes
National bank notes
National bank gold notes
Fractional currency

$2,324,355
20,030,291

34,778.037
403,384

14,050,131
415,400
4,890
89,550
15,358
10,250
329,112

10,354,822

$237,190,302
700,274— $230,490,OSS

ASSETS, JUNE 1, 1881.

”

$319,907,333
$70,930,402
92,783,095
00,518,273
20,841,950
3,457,1h2
30,320
11,988,710
20,922,304
7,614.511
109,675
51,747

_

Deposits held by national bank depositaries

Nickel and minor coin.
New York and San Francisco exchange
One and two-year notes, Ac
Redeemed certificates of deposit, June 8, 1872
Quarterly interest checks and coin coupons paid

12,650,049
717,042

1,912,000
105

..

Registered and unclaimed interest paid

United States bonds and interest
Interest on District of Columbia bonds

Speaker’s certificates
Pacific Railroad interest paid

Copenhagen
St.Petera’bg
Paris
Paris

Short.
3

....

Cadiz
Genoa
Lisbon

..,

Calcutta

May 21 Short.

12*15

May 21 Short.
May 21

25*25

G

May 21

20*50

it

.

20*50
20*50

May 21

25*17k>S25*27k> May 21 Short.

...

..

Rate.

25*22*2

25 *421$3) 25 *50

mos.

Alexandria

n*S7k!®ll*95
475g®473a
4758a)4738

May 21

Short.

20*10 '3)26*20
52 i-i 3> 5218

May 21

3 mos.

00 days

ls.7iiU;d.
Is. 734d.

..

117*70
25*05

May 18 3 mos.
May 21 Short.
May 21 4 mos.
Mav

Houg Koug,
Shanghai...

-

9714

4*85
Is. 7i5]fld.
Is. 77sd.
3s. 87sd.

ii

21

May 21
May 21

From our

<4
44

5s. l»4d.

226,903
2,970,886
291

119,144

$319,967,333

Midland of New Jersey.—A special
meeting of the stock¬
holders of this company will be held on Friday, the 10th
inst.,
for deciding upon a joint agreement entered into
by the
directors of the Midland Railroad
Company of New Jersey,
the Paterson Extension Railroad
Company, the Midland Con¬

own

correspondent. I

London, Saturday, May 21, 1881.
The directors of the Bank of

cent.
2,180

of the

Post-office Department account
Disbursing odicers’ balances
Fund for redemption of notes of national banks
“failed,” “ in
liquidation,” and “reducing circulation”
Undistributed assets of failed national banks
Five per cent fund for redemption of national bank notes..
Fund for redemption of national bank gold
notes

Frankfort..

way
and

UNITED STATES TREASURY STATEMENT

LIABILITIES, JUNE

..

Time.

13,991

20,712

following statement, from the office

Rate.

3 mos. L2-3U £12*4
Short. 12
a)12'2i2
3 mos. 25*55
a;25*02 kj
20*05
® 20*09
20*05 '3)20*09
20*05
® 20*09
18*40 @ 18*45
23 7e 3) 23 3s

12,830

$59,153,014 $09,150,494'$!,724,006

The

Hamburg

Berlin

Bombay

104,851

109,205
245,311
185,373
190,595

Amsterdam
Amsterdam

EXCHANGE ON LONDON.
Latest
Date.

New York.

59,950
12,807

3,420,342
49,088
549,500
3,552
15,727
328,173

Savannah, Ga
Vermont, Vt
Willamette, Oregon

Time.

—

Vienna..
Madrid..

45,309
28,894
52,083
325,323
14,872
3,151.442
083,459
59,470

875

On

_____

1.058,721
37/702

175,900
183,705
39,190

EXCHANGE AT LONDON— May 21,

Antwerp
1,581

Huron, Mich
Key West, Florida
Mobile, Alabama
New Haven, Conn
New Orleans, La

308

103,820
2,459,394
44,993

330,296

RATES OF EXCHANGE AT LONDON AND ON
LONDON
AT LATEST DATES.

152,203

21,255

Galveston, Texas

ptxraetarxjI © 0 wmsttcial gtiglislx

103,933

00,232

Detroit. Mich

[VOL. XXXII.

England' have not seen their
to making a further reduction in the Bank rate this week,
consequently the minimum quotation remains at 2/£ per
There has been

a

somewhat increased demand for money,

chiefly in connection with the new Hungarian loan, which has
been largely applied for, and the Bank of England return
shows a considerable improvement under the head of “ other
securities.” This increase cannot be due to improved trade, as
the

general business of the country remains much in the same
condition, and hence it is inferred that the directors of the
Bank of England have been granting greater facilities to the
Stock Exchange. The supply of floating capital in the Lon¬
don market, taken in conjunction with the limited trade de¬
mand for accommodation, justifies, no doubt,.a reduction of
the Bank rate to 2 per cent; but on the other hand the Conti¬
nental money markets are in advance of ours, and already have
a large number of bills been remitted to this market for dis¬
count.
This fact has, no doubt, induced the Bank authorities
to hesitate before making a
change, and the course they have
adopted is obviously judicious. At the same time, the New
York money market presents an easy appearance, and the sup¬
ply of gold on passage to this country is larger than for a
long time past, being about £800,000. With the usual limited
trade demand for money during the summer months, the con¬
tinuance of an easy money market seems to be assured; but
should the directors of the Bank of England decide on lower¬
ing their rate of discount to 2 per cent, it will be largely with
the object of affording to merchants all the facilities available.
General trade is by no means active, and the recent failures in
Amsterdam and Mincing Lane lead to the belief that some un¬
soundness exists. The iron trade is by no means in a satisfac¬
tory state, but the weather has been more favorable for the
crops, and some stimulus is expected to be given to general
trade. Foreign politics have, however, produced some distrust,
the Tunis affair and the state of Russia having been the causes
of some anxiety.
Should, however, the political events which
have recently manifested themselves cease to induce politicians
to believe that there is anything perilous in them, we may
hope, if we should have a good harvest and reasonably cheap
food, for more activity in commerce. The following are the
present quotations for money.
Ter cent.
Bank rate

2*2

Open-market rates—
30 and 60 days’
3 months’ bills

bills

13t®l7a
1 3t®l78

Per cent.

Open market rates—

4 months’ bank bills
l7s®2
6 mouths’ bank bills
2 'a)l21s
4 & 6 months’ trade bills. 2k2®3

The rates of interest allowed by the joint-stock
discount houses for deposits remain as under :

banks and
Per cent.

Joint-stock banks
Discount bouses at call
with 7
do

Iks
lki
or

134

14 days’ notice of withdrawal

Annexed is a statement showing the present position of the
necting Railway Company, the North Jersey Railroad Com¬ Bank of England, the Bank rate of discount, the price of con¬
pany, the Water Gap Railroad Company, and the Pennsylvania
Midland Railway Company, under the corporate seals thereof, sols, the average quotation for English wheat, the price of
respectively, for the consolidation of said companies and rail¬ middling upland cotton, of No. 40 mule twist, fair second
roads, which agreement will then and there be submitted for quality, and the Bankers’ Clearing House return, compared
consideration.
with the three previous years.
’ ‘




-

.

June

Circulation, excluding
bank post bills
Public deposits

1881.

1880.

1879.

£

£

£

27,119,670
7,300,895
25,379,091

26,699,015

2o, 486,30b
deposits
Governm’t securities. 15,876,203

Other

15,673,276

19,738,973
15,204,203

Other securities
19,653,356
Res’ve of notes & coin. 14,892,668
Coin and bullion in.
both departments .. 25,841,683

Proportion of assets
to liabilities

27,323,873

In

1878.

1880.

£

27,470,175

29,059,995
7,536,005
29,314,143
14,676,257
21,020,626

19,123,012

6,250,787
21,486,501
15,556,488
19,393,270
10,739,617

33,183,007

23,209,792

45*47

Bank rate
Consols

Eng. wheat, av. price.
Mid. Upland cotton...
No. 40 Mule twist...

21a p. c.

3 p. c.

102^8

99*4

41s. lOd.

44a. 9d.

578d.

enifid.

3 p. c.

§8
>8*8

965a
52s. Id.

44s. 8d.
7d.
lOd.

12d.

599

CHRONICLE.

THE

4, 1881.J

—In Four Months.-

April.
11881.

1880.

1,963
Wool—British
lbs. 1,835,300
274,400
Colonial & foreign.lbs. 3,491,495 1,181,180
Woolen cloth
236,600
138,900
yds.
Worsted stuffs
yds. 4,103,700 1,794,800
Carpets, not being
305,300
74,600
rugs
yds.

Tin—Unwrought

..

.cwt.

There has been

a

1881.

11,447

2,287

7,573,200
15,689,615
15,686,bOO

2.660.700
4,912,331
1.542.700
10,101,100

1,001,400

530,200

1,467,800

slight fall of rain, but although it has been

insufficient, it has done a vast amount of good. The weather
has again become brilliant and the temperature is higher.
The crops are making satisfactory progress, but those newly

9 ^d.

sown still require more moisture.
On the whole, however, the
123,767,000 109,059,000 106,120,000
prospect is regarded as satisfactory. The trade for all kinds of
There has not been much movement in gold during the week.
grain has been exceedingly slow, and holders have had to
Silver has been less in demand, and the Indian exchange being submit to a slight reduction in prices in order to effect sales.
weaker prices have somewhat declined. Mexican dollars are
During the week ended May 14, the sales of home-grown
also rather cheaper. Tho following prices of bullion are from wheat in the 150 principal markets of England and Wales
Messrs. Pixley & Abell’s circular.
amounted to 34,110 quarters, against 26,793 quarters last year,

9%d.

Clear’g-house return. 165.401,000
'

a.

8.

GOLD.

gold, fine
per oz.
gold, containing 20 dwts. silver, per oz.
Spanish doubloons

Bar
Bar

standard.
standard.

per oz.

d.

8.

77 9b] 7b
®
77 11
74 O @
73 9 @

75

0

and 57,209 quarters in 1879 ; while
were in the whole kingdom 136,440

it is computed that they
quarters, against 107,200

Since harvest the sales in the
principal markets have been 1,360,135 quarters, against
German gold coin
1,121,895
quarters in the previous season and 2,031,487 quarters
d.
d.
SILVER.
in
1878-9
; the estimate for the whole kingdom being 5,440,540
per oz. standard. 5158 It
Bar silver, flue...
®
per oz. standard. 5 2
Bar silver,contain’g 5 grs.gold
quarters, against 4,527,700 quarters and 8,130,000 quarters in
Cake silver
'S
the two previous seasons respectively.
Without reckoning the
Mexican dollars.
H>
per oz
Chilian dollars...
supplies of produce furnished ex-granary at the commence¬
Discount, 3 per cent.
Quicksilver, £6 5s. Od.
ment of the season, it is estimated that the following quantities
The following are the current rates of discount at the princiof wheat and flour have been, placed upon the British mar¬
pal foreign centres:
kets since harvest. The visible supply of wheat in the United
Bank
Bank
Open
Open

South American doubloons

per oz.
per oz., none here
per oz

United States gold coin

It
It

quarters and 228,850 quarters.
150

....

....

...

....

....

rate.
Pr. cl.

Paris
3

Amsterdam
Brussels
Genoa
Berlin

4
4

s

rate.
Pr. ct.

market.
Pr. ct.

3^8

St.

3

Geneva

44

Madrid, Cadiz &

4

Barcelona
Lisbon ct Oporto.

Petersburg...

44s
...

34

Hamburg

3

Copenhagen

Frankfort
Vienna

34
3%

Calcutta

4

6

market,
Pr. ct.
5
4
5
5

4

5

States is also

given

:

23,575,670

produce

31*2
6

The stock markets have been somewhat unsettled

T

_

T

Deduct

exports

1878-9.

1877-8.

43,372,091
7,457,682

34,418,246
6,464,337

41,259,588

19,620,000

35,230,000

27,583,000

70,449,773

76,143,083

75,239,711

1,048,861

1,377,420

1,423,175

69,400,912

74,765,663

73,816,536

46s. lOd.

403. 5d.

20,357,948

15,331,650

1879-80.

1880-1.

Imports of wheat.cwt.41,070,325
Imports of flour
9,481,714
Sales of liome-growii

of

6,400,123

during the

week, owing to apprehended difficulties with regard to Tunis
and to the unfavorable news from Russia. Russian stocks have
not, however,^experienced any considerable decline in price,

73,140,553

Result

Av’ge price of English
wheat for season (qr.) 42s. lid.
Visible supply of wheat
in the U. 8
bush. 17,700,000

51s. 3d

security being in so many hands, and being so well held.
The following return shows the extent of the imports and
Consols have been firm, and are now quoted at 102}£ to 102%
for money and 102% to 102% for account. British railway exports of cereal produce into, and the exports from, the United
of the season, com¬
shares, which were rather unsettled in the early part of the Kingdom during the first thirty-eight weeks
pared with the corresponding period in the three previous
week, are now firm.
seasons:
The new Hungarian 4 per cent loan of £16,000,000, at the price
IMPORTS.
1877-78.
1878-79.
of 75/£ per cent, is not an addition to the Hungarian debt. It has
1880-81.
1879-80.
34,448,216 41,259,588
Wheat
cwt.41,070,325
43.372,091
been issued for the purpose of redeeming the six per cents, and
10,304,152
Barley
9,446,686.11.268,877 8,500,541
8,083,952
7,653,026
6,541,046
9,779,374
the operation having been placed in powerful hands, it has Oats/.
1,297,621
1,122,723
Peas..
1,587,097
1,481,097
been a complete success. The financial position of the Austro- Beans
2,482,953
929,387
1,727,499
1,823.902
Indian com
24,446,999 19,630,104 23,353,793 23,134,834
Hungarian Empire has undoubtedly improved of late years.
6,450,123
6,464,837
Flour
9,481,714
7,457,682
The following return shows the extent of our exports of
EXPORTS.
1,368,224
1,276,719
British and Irish produce and manufactures, and of colonial Wheat
cwt.
889,996
929,964
44,122
96,474
Barley
44,503
21,417
and foreign wool to the United States during the month of Oats
67,726
70,916
548,168
78.742
17,075
13,792
Peas
65,767
86,893
April, and during the four months ended April 30, compared
15,171
10,626
Beans
28,220
36,073
185,451
with the previous year:
314,060
Indian com
191,576
415,460
54,962
the

__

EXPORTS.

Alkali

cwt.

Apparel and slops

Bags and sacks
Beer and ale

£
doz.

79,801

1,227,060
31,838
113,357
8,384
34,972,600
303,723

50,565

31,823

177,765

34,648

38,260
43,388
1,150
38,753

151,907

348,764
9,303
25,380

bbls.

2,673
Cotton piece goods. .yds. 8,447,200
Earthen w.& porcelain. £
79,999

Haberdashery and mil¬
linery

£

Hardware and cutlery. £
Iron-Pig
tons.
Bar, &c
tons.
Railroad
....tons,
Hoops, sheets and
boilerplates
tons.

218,541

5,084
58,011
2,615

6,030,400

.

81.

1,016,426
19,236
423,268
8,022

28,523,200
293,401

125,524
9.536
21,067

5,585
15,259

33,363

109,835
4,161

64,434

87,439

4,757

20,006

7,063

13,688

358,047

39,109

478
7.473

57,330
2,772
138,471

Steel—Unwrought, tons.

7,627

7,517

18,752

55,480
2,187
24,596
24,536

35

194

168

296,700
6,194,800
8,561,400
1,882
42,915

2,607,900
46,900,900
36,024,200
1,241
134,571

1,116,400
33.592.900
32.363.900

571

11
Jute yarn
908,000
Linen piece goods.. .yds.10,961,900
Jute manufactures.yds. 9,497,108
tons.
lbs.

Steam engines
£
Other descriptions..£

Paper—Writing or print¬
ing

Other

kinds

paper

a

return showing

seasons:

30,824
147

except

733

813

4,165

From—

1880-81.
Cict.

Russia
1,094,265
United States
24,480,950
Brit. N. America 2,043,876

8,713

Turkey, &c
Egypt

284.456

845.534

1,905,151
1,335,670

2,491,489 i
79,659 5

1,207,769

1,032,220

3,600,803
804,340

40,214,600

31,643,732

37,8o5,2o3

Australia
Other countries..
Total

35,911,987

From—

Cwt.

4,962

12,573

32,043

9,104

3,884

2,187

2.194

32,778
17,934

33,565
20,538

The following is an

5.194

20,878

22,384

of the value of our

£

paper

fcfe..




£

.

5,584

Total

1878-79.
Cwt.

1877-78.
Cict.

646,264
231,900

1,128,248
760,830

3,381,988

2,239,783

1S6.413

245,215

1,151,073

1,481,810

1,699,251

7,086,089

5,923,375

6,073,327

8,805,117

2,272

only

Cwt.

679,872
212,362
4,785,138
257,594

9

Mixed with other material
£
Spirits —British
gals.
Stationery—Other than

1879-80.

752,080
Germany
194,643
France
United States.... 5,956,060
315,575
Brit. N. America
Other countries.. 1,586,759

110

Other articles of silk

860

61,103
182,596
192,138
474,285

FLOUR.

1880-81.

1,312

893

2,698,615

4,477,064

153,061
132,017
244,104
596,926

78,161
139,016
1,276

15,312

Cict.

5,372,751
19,991,558

6,093

440

£

6,530,306
18,286,235
1,643,834
3,016,266

1877-78'

1,251,579

3,097

25,258

stuffs***.yds!

Cwt.

751,615

France

321

1,400
101,695
121,879

3,612,506
25,868,912
2,991,776

1878-79.

Chili

21,413
21,143

mm

,

2,034,284

153,543

1,951

1879-80.
Civt.

445,648

Germany

ten8.

Silk broad

,

the extent of the imports of
wheat and flour into the United Kingdom during the first eight
months of the season, viz., from September to April, inclusive,
compared with the corresponding period in the three previous
Annexed is

hangings.cwt.

salt............
Ribbons

176

cwt.

.

180,701

WHEAT.

168,015
151,861

Tin plates
tons.
Cast or wrought..tons.
Old for reinanuft.tons.

Lead—Pig, &c

118,897

97,170

Flour

In Four Month
1880.
']

-In April.1880.
1881.

estimate, compiled from official sources,
importations of cereal produce into the

600

THE

CHRONICLE.

United

Kingdom daring the first eight months cf the season,
viz., from September to April, inclusive:
18S0-1.

Wheat

Barley

Oats
Peas
Beans
Indian
Flour

corn..

2.53089—The

1879-80.

£18,955,973
3,794,722
2,072,208
632,373
628,263
6,562,022
7,089,845

Total....

1878-9.

£23,665,839

4,968,295

2,296,544
385,492
309,845
5.613,570
4,750,190

5,904,003

£39.735,406

£44,532,225

917.291
6,988.277

5,569,787

£32,278,158

Week.
Great Britain
Fiance

market

Reports—Per

£44.475,892

Cable.

London.

Sat.

Mon.

Tnes.

Wed.

Silver, per oz
d. 51 *8
5H4s! 5U40
Consols for money
102516 1023,* 10246
Consols for account
1025,0 1025,0 1024 6
Fr’ch rentes (in Paris) fr. 8027 *2 86-224 86-20
U. S. 5s of 1881
107
11074
1074
U. S. 44s of 1891
118
118 4
118
S.
4s
of
U.
1907
121
121
121
Erie, common stock
504
51
50-4
Illinois Central
1184
1484
1434
68 4
Pennsylvania
684
684
Philadelphia A Reading. :;<>
30
304
New York Central
155
1554
1554

Liverpool.

Sat.

Mon.

Thurs.

5H46 514
x0()Hlh 1007, G
x0015lfi 1004
86-50

87*10

1004

1134

1064
1184

121

1204

Fri.

514

100516
loo46

Total 1881
Total 1880
Total 1879

Silver.
Great Britain
Frauce... f.

155

156

i 5 (>

Wed.

30 4

cf.

d.

s.

12

3

3

9
9
9

2
2

12
9
9

12
9

<1.
3
5

Flour (ex. State.. 100 lb

Wheat, No. 1, wh.
Spring, No. 2...
Winter, West.,n.

“

“

9

3

6
Cal. white
“
9 2
Com, mix.,W.new
4 11
Pork, West, mess-.’p bbl 72 U
Bacon, long clear, .cwt.. L! 0
Beef, pr. mess, ne\v,$te. 85 O
Lard, prime West. $ cwt. 55 O
Cheese. Am. choice, new 55 0

2

2
6
9
2
4 11
72
O
14 0
85 0
55 O
55 0
!)

9 7
9
2
4 11
72 O
14 0
86 0
54 9
55 O

s.

12

d.
3
5
3
7
2

Thurs
s.

d.
3
5
3
7
2

Fri.
e.

12
12
9
9
9
9
9
9
9
9
9
9
9
9
4 104
4 104 4
72 0
0
72
72
44 0
14
0
14
86 0
"6
0
83
54 6
55
0
55
55 0
55 0
55
■

$170,628

20,889
68,000

1,601,080
323,996

$38,000

$4,330,575

$2,421 $28,084,403
4,022
1.263,430
16,473
612,842
1

d.
3
1

3

7
2

94
0
0
0
0
0

$101,253

26,050

285

114,157
10,204

West Indies

$38,000
120,600
284,100

....

60,389

24*337

3,131
14,000
2,875

18,446

2,679

322,767
736,408
84,688
6,629

$1,523,769
2,109,074

$22,685

$1,312,419

Mexico
South America
Ail other countries.

8,233,272

29,410)

41

216,35

2,337,421
3,802,368

Of the above imports for the week in
1881, $316 were
American gold coin and $8,204 American silver coin.
Statement of the Comptroller of the
Currency on June 1,
1881,.showing the amounts of National Bank Notes and of Legal
Tender Notes outstanding at the dates of the
passage of the
Acts

of June 20,

January 14, 1875, and May 31, 1878,

1874,

ncrease or

amounts

decrease:

outstanding at date, and

*.

Circulation

of

national

351,861,450
322,555,965

353,052,493
1.551,151
9,216,250

$3S2,000,000
382,000,000

35,318,984
316,681,016

35,234,659
720,417

15,712,936

gold banks, not included in

$1,099,225.

the

$349,891,182

,

1
s.

$1,458

100,791

National Han/: Notes—
Amount outstanding June 20, 1874
Amount outstanding January 11, 1875
Amount outstanding May 31, 1878
Amount outstanding at date *
Increase during the last month
Increase since June 1, 1880
Letfat Tender Notes—
Amount outstanding June 20, 187 t
Amount outstanding January It, 1875.
Amount, retired under act or Jan. 14, 1875, to
May 31. ’78
Amount outstanding On and since Mav31, 1878."
Amount on deposit with the U. 8. Treasurer to redeem
notes of insolvent and
liquidating banks, and banks
retiring circulation under Act of June 20, 1874
Decrease in deposit during the last month
Increase in deposit since June 1, 1880

120-4
5 1 4

—

v

26,558

Germany

Total 1881
Total 1880
Total 1879

146,872
211,750

135.810

1,455

LIS4
119

Tncs.

2.639,641
4,727,751
237,377

2,000

together with the

143 4
68 4
304

51

$20^020^221

86-07
LOO 4

504
147 4
63 4
304

Since Jan. \

2,000

Mexico

,

Week.

$4,260

West Indies

The

daily closing quotations for securities, &c., at London,
and for breadstuffs and provisions at Liverpool, are
reported
by cable as follows for the week ending June 3:
,

$

South America
All other countries.

falling off, therefore, in our expenditure in connection
with our imports of cereals from abroad is
very consid¬
erable.
It is very little short of £5,000,000, the
principal
reduction being in wheat, barley and oats. There has been an
increased outlay in regard to Indian corn and flour, due to
larger importations.

Imports.

Since Jan. 1

Germany

The

Ensllsli

Exports.

Gold.

£23,326,726
4,432,312
2,745.054
496,445

3,280,321

3,121,150
568,855
694,143
5,599,940

EXPORTS AND IMPORT8 OF SPECIE AT NEW
YORK.

1877-8.

£15,642,196

[Vol. xiiu

the

above,

Union Pacific.—The United States Court of Claims decided
May 31 against the Union Pacific Railroad Company in the
suit for extra compensation for
carrying the mails. The court
held that the company is entitled to no more
compensation for
that service than is paid to any other
railroads, and that its
charter confers upon it no special
rights to demand a higher
on

©umracrctitlamlllXisceUaucatislXcius.

National Banks Organized.- -The
bank was organized this week :

following-named national

First National Bank of Hastings. Neb. Authorized capital
$00,000; paid in capital, $32,000. A. L. Clark President
G. H. Pratt, Cashier.
Citizens’ National Bank of Zanesville, Ohio. Authorized
capital, $200,000; paid-in capital, $101,000. Joseph T. Gorsuch, President; A. V. Smith, Cashier.
New Holland National Bank, New Holland. Pa. Authorized
capital, $75,000; paid-in capital, $75,000.
Cornelius F. Rol¬
and, President; James Hiller, Cashier.

rate.
The case, arose out of a difference of
opinion as to the
construction of the charter of the Union Pacific Railroad Com¬
pany. The government has maintained that it has the right to
fix the rate at which the road shall
carry the mails under gen¬
eral powers and has declined to
pay more than'a certain sum.
The road has maintained that by its charter it has the
right to

charge the government the same as it does private parties for
namely, for express cars. In that way the
charter only gives the government the
Imports and Exports for the Week.—The
right to priority in trans¬
imports of last mission. The
company recently sued the government for some
week, compared with those of the preceding week, show
$1,200,000 which it is claimed the Treasury Department has
an increase in dry
goods and a decrease in general merchandise.
wrongfully withheld in violation of its charter.
The total imports were $8,000,722,
against $S,928,936 the pre¬
—Messrs. Fisk & Hatch have advanced the price of Elizabeth
ceding week and $7,402,387 two weeks previous. The exports
for the week ended May 31 amounted' to
Lexington
& Big Sandy bonds to 103 and interest, and Chesa¬
$8,317,641, against

$7,077,845 last week and $6,014,041 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) May 26 and for the week ending (for general
merchandise) May 27? also totals since January 1:

peake & Ohio “A” bonds

1878.

Dry Goods
Gen’l mer’dise..
Total
Since Jan. 1.

Dry Goods

Gen’l mer’dise..

Total

1979.

1830.

OFFICE

$656,196

$1,059,176

4,860,808

$1,345,908
8,136,589

$1,380,541

$5,517,360

$5,925,98 4

$9,982,497

$3,600,722

$35,438,155

$38,991,933

$57,573,369

$17,105,869

162,034,590

130,195,561

87,u61,o7 4

93,225,777

OF

FISK

&

HATCH,

NO. 5 NASSAU STREET,

1881.

4,301,161

to 106 and interest.

BAN-KING AND FINANCIAL.

FOREIGN IMPORTS AT NEW TURK.

For Week.

.

similar services,

New

York,

May

30,

1881.

7,220,181

$122,500,029 $132,217,715 $2 L9,G07,959 $177,301,430

Of the
which
are

$2,000,009-CHESAPEAKE & OHIO

we

“ SERIE3

A’’ BONDS,

have been selling for the company at 105 and interest, there

but about

$200,000 remaining for sale; the price for those is ad¬

vanced to 106 and interest.

In

report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports
(exclusive of
specie) from the port of New York to foreign ports for the
week ending May 31, and from January 1 to date:
our

EXPORTS FROM NEW YORK

This road is in activo and successful

For the week...
Prev. reported..

$5,139,552
140.367,966

Total s’ce Jan. 1 $145,507,518

1879.

$6,791,033
126,406.862

1830.

$8,042,822
148,566,272




$8,317,641

154,975,206

$133,287,900 $156,609,094 $163,292,847

The following table shows the exports
and
at the port of New York fur the week
ending

January 1, 1881:

1881.

imports of specie
May 28 and since

this year,

The ELIZABETHTOWN LEXTNGTON & BEG SANDY RAILROAD

from
1878.

earn

net, three-fold all its interest payments.

First-Mortgage Bonds have

FOR THE WEEK.

operation, and will

sold

so

rapidly that the price is advanced

to-day to 103 and interest.

This road is the western continuation of the CHESAPEAKE & OHTO,
and will connect it with the entire
system

Both the- above bonds pay

of roads West and Southwest.

their interest promptly and regularly in

New York city, in gold coin, and we regard them
ment.

as an

excellent invest¬

Interest six per cent.
FISK A HATCH.

Junb

The closing prices at the

ffifrje %mxktvsT Pincette.
DIVIDENDS:

dividends have recentlv been announced:

following

The

Name

Per
cent.

of Company.

When

Books Closed.

(Bays inclusive.)

YORK,

June
Juno
49 sop. June
June
2k
2 2

30
20
20
1

1 June 16

July

Interest

May

May

May

Periods.

28.

30.

31.

June
1.

June

to July l

104
104
103%
6s, continued at 3k.. J. & J. 104%
*!Olk
*100% *101
5e, 1881
reg. Q.-Feb. *100%
;
104k ‘104k *104 k
104%
5s, 1881
coup. Q.-Feb.
*115k *H5k *115%
4%s,1891
reg. Q.-Mar. 115%
116% *xl5k *115%
x
4%s, 1891
coup. Q.-Mar. *116%
118% *xl7% 117k
118%
reg. Q.-Jan.
4s, 1907
*118% *118% 118k
118%
4e, 1907
ooup. Q.-Jan.
o
*133
*xl28 *129
68, cur’cy, 1895..reg. J. & J. ’133
w
*xl29 *130
*134
6s, cur’cy, 1896..reg. J. & J. *134
134
*xl30
*135
;
6a, cur’cy, 1897..reg. J. & J. *135
*xl31 *132
*136
6s, cur’cy, 1898..reg. J. & J. *136
*xl32 *134
*137
6e. cur’cy, 1899..reg. J. & J. *137
*
Tliis la Uie price bid at tiie morning board; no sale was made.

FRIDAY, JUNE 3, 18S1-5 P. M.

Market and Financial Situation.—We immerge
this year with buoyant markets, and with the indust¬
rial and material interests of the country in a state of unwonted
prosperity. The tone of confidence now prevalent at the Stock
Exchanges has seldom been equaled, and this is in striking con¬
trast with the first of June last year, when we were in the midst of
one of the worst, and at the same time one of the most senseless,
depressions in the stock market tha thad ever been experienced.
We say one of the most senseless depressions, because the stock
panic of May and June, 1880, was bi ought about almost entirely
The Money

into summer

•

•

June
3.

O

•

Payable.

2
4

New York Board have been as follows:

•

•

Railroads.
Boston & Albany (quar.)
Central of Georgia
Central of Georgia
Evstern (S. II )
-flint ASPere Marquette prof.
NEW

601

THE CHRONICLE.

1881.]

4,

*103%
*101%
104%
*115%
*115%
*117%
118%
*130
*131

*132
*133

•

•

*135

The range in prices since Jan. 1, 1881, and the amount of
each class of bonds outstanding June 1, 1881, were as follows:
Amount June 1,

Range since Jan. 1, 1881.

6s,

at 3k- 103% June 2 104% May 28
LOikJau.
3 106% May 20
100% Feb. 24 105
May 28
111% Mar. 10 116% May 31
112% Jan.
3 118% June 3
127% Feb. 28 136
Apr. 23

con.

6s,T881
cp.
5s, 1881
cp.
4%s, 1891..cp.
4s, 1907.... cp.
Os.cur’ney.reg.

Coupon.

Registered.

Highest.

Lowest.

1881.

$

$

155,438,S50
321,194,900
178,332,500
540,18 *,350
64.623,512

40,251,550
118,646,450
71,667,500
198,469,600

State and Railroad Bonds.—State bonds have been only
moderately
active. The Tennessees are awaiting further devel¬
by influences exerted directly on the market for speculative pur¬
opments in the suit against the State authorities, and one report
poses ; while the railroad earnings were large beyond precedent, said that the officers would disregard the injunction, claiming
and the condition of the country was one of undoubted pros¬ that they were not legally bound by it. In Virginia the meeting
perity; But the truth is that we had not then grown up to a of a readjusters’ convention is not calculated to exert a favorable
realizing sense of the developments which were actually in prog¬ influence for the moment, but it is possible that their movements
may develope so much of weakness as to fortify the position of
ress, and it would have been almost impossible to force the
the bondholders.

stock decline of May, 1880, could the
before it, chalked up on its blackboard,

.

market have then had
Railroad bonds show a large business, distributed throughout
the actual figures for the list. Boston Hartford & Erie bonds, which are merely the
1880 as they were known at the end of the year—the production equivalent of New York and New England stock, have led the
list in activity, closing at 85.
Erie second consols have also been
of wheat, corn and cotton, the railroad earnings, the returns of
active and higher, selling ex-coupon at 106.
immigration, land sales, &c. These general influences may not
The Evening Post money article, to-day, says : “We never
affect the stock fluctuations of a

single day, but in the long

run

they tell, and not a railroad stock or bond is floated in New York
or London which is not in truth marketed by the assistance of
these material considerations.
There is nothing fictitious in

sold so high as
in other words, when first-class borrowers were able to
obtain money at such low rates. Yesterday the State of Ohio
borrowed $2,800,000 on bonds the average length of time of
which is less than four years, at a rate little above 3 per cent per
annum ; the bonds nominally bear 4 per cent annual interest,
but the premium at which they sold brings the rate which the
money costs the State down to a little over 3 percent. The tel¬
egraph reports that the State of Missouri recently made a short
temporary loan at plain 3 per cent. The New York New Haven
& Hartford Railroad Company recently borrowed $1,200,000. on
its Portchester & Harlem RR. branch at 4 per cent; the Chica¬
remember the time when first-class investments
now, or,

the talk of a rapid and wonder¬
growth in the country, which must have a favorable bearing
upon railroad and other property ; but as to its direct bearing
upon stock prices, the great danger arises in over-estimating the
influence and discounting it enormously, so that the price is put
up to-day about wdiere it ought to be in 1895 or 1900, if every¬
go Burlington & Quincy Railroad also recently sold $5,000,000 4
thing is prosperous and happy in the meantime.
per cent bonds, which are now ruling at about par.
The Penn¬
The Bank of England statement on Thursday showed a de¬
sylvania Railroad Company have also recently issued a
crease of £33,000 in specie for the week, and the reserve was
$10,000,000 collateral trust loan, secured by their recent pur¬
45% per cent of liabilities, against 45 15-16 per cent last week ; chase of a controlling interest in the Philadelphia Baltimore &
the discount rate remains at 2% per cent. The Bank of France Wilmington Railroad Compan}r’s stock, which pears 4 per cent,
and which will doubtless be sought by investors at par as soon as
showed an increase for the week of 500,000 francs gold and
offered.”
ful

r

1,650,000 francs silver.
The

last statement of the New York

City Clearing-House
banks, issued May 2S, showed a decrease in the surplus above
legal reserve of $2,015,675, the total surplus being $14,722,900,
against §16,738,575 the previous week.
The following table shows the changes from the previous week
and a comparison with the two preceding years :
-

1881.

May 23.
Loansand dis.

1880.

Differences fr’m
precious

1879.
Ma y 31.

May 29.

week.

$332,025,700

deposits
Legal tenders.

Inc .$7,832,900 $273,216,400 $257,272,800
79.134.800 Dec. 1,383,700
59,271,700
18.765.400
19,301.200 Inc.
20.238.100
165,900
19.869.400
332.182,800 Inc. 5,571,100 262,762,600 225,754,000
760,800
22,547,400
18.633.800 Inc.
41.791.400

Legal

$S3,015,700

Specie
Circulation...
Net

.

reserve.

Reserve held.

Surplus

Inc

.$1,392,775

97,768,600 Dec.

$14,722,900

Dec

622,900

$2,015,675

$65,890,650
81.819.100

$56,438,500
60,576,800

$16,128,450

$4,138,300

Exchange.—The course of foreign exchange has varied some¬
during the week, but the market closes strong, at an

what

advance to 4 84/£ and 4 86
for long and short sterling, re¬
spectively. Actual business to-day was at 4 83%@4 84 for bank¬
ers’ 60-day bills,
4 85%@4 86 for demand, and 4 85%@4 86% for
cable transfers.

Sixty Days.

June 3.

Posted Bates.

Prime bankers’
sterling bills on London.

Prime commercial

.

documentary
commercial
Pans
(francs)....
Amsterdam (guilders)
*
rank fort or Bremen

.

(reiohmarks)

■The

4
4
4
5

83%

4 84*2
2>4 82 %

82

81%@4 82
22%® 5 20%
®
40
40%
94k® 94%

Demand.
Posted Rates.
4
4
4
5

85%@4 86k
«4 -2)4 84k
83%3>4 84
19%2>5 18%
40%® 40%
91% 2) 95%

in

governments has
per
prices
“w*
vvmdoms ” have not been so strong, in consequence
ice of
of the
larger amounts coming
the market,"many
market, manv bonds
coming: on
on the
bonds from
from abroad
abroad
•‘'Iso havin
been sent for renewal ; they are quoted to-day
about 103'''

been much less active this week.

business

The

prices of 4 and 4%

*50nc*s have been well sustained, but the prices of




The
31
22
10
7
50
90
20
50

following securities were sold at auction:

Shares.
N. J. Zinc & Iron Co
Gt. Western Marine Ins..

60
83
142

Germania Life Ins
Nat. Bank of Newburg.. .141)
Sixth Avenue RR
2513a
Gt. Western Marine Ins.. 75
New York Gaslight Co... 95

Metropol. Gaslight Co. of
Brooklyn
61 k
200 Spring Mountain Coal Co. do1!*

Shai'cs.
20 Mercantile Nat. Rank
10 Municipal Gaslight Co...
Bonds.

125%

160%

$3,000 Sandusky Mansfield &

Newark 1st rnort. 7s, due
1909
118

9,000 Tebo & Neosho HI1.

1st mort. 78, due 1903.. 114
10,000 Adirondack RR. 1st
rnort. 7s
13%

Railroad and Miscellaneous Stocks.—The

stock market has

been somewhat variable in tone, but, upon the whole, prices have
been well sustained, and the prevalent feeling is one of con¬
fidence. As to any bearish tendency on the market, perhaps it

position of those who are inclined that
that they feel it is a dangerous time to fjell short,
rather than admit that prices, in their opinion, are not too high.
There are times when the possibility of working prices up ten or
fifteen points on particular stocks is such an easy task that short
sales become dangerous, whatever the range of prices may be.
As to the other side, the bulls, they claim that there is no reason
for any decline in the market before August anyhow, as the
usual influences of monetary ease, active support, &c., are all
against it, and by August, if the crop returns are very good,
there will be tlie basis for a new upward turn.
In particular stocks there have been less important movements
than usual. The elevated stocks are all comparatively strong, on
rumors of a pool in the stocks and also on the prospect of a
sharp fight against the Attorney-General in his suit for a
receivership of the Manhattan Company. The plan of a Chicago
line for the Erie Road appears to be well matured, and the
financial measures already perfected. The parallel opposition
line of Lake Shore from Buffalo to Chicago is also under con¬
struction, and the trunk line facilities to the West are certainly
destined to be increased. The Reading litigation, it is hoped,
will be terminated with the present refusal of the Supreme
Court to grant Mr. Gowen a re-argument.
The market to-day was fairly aetive, and prices at the close
would better define the

way, to say

showed

a

little weakness.

602

LHE

CHRONICLE.

[VOL. XXXII.

RANGE IN PRICES AT THE N. Y. STOCK EXCHANGE FOR THE
DAILY

HIGHEST

LOWEST

AND

PRICES.

STOCKS.

Saturday,

May 28.

Monday,
May 30.

Wednesday, [ Thursday,

Tuesday,
May 31.

June

40

48
43%

1.

J

une

Friday,

WEEK, AND SINCE JAN.
Sales of
the Week,
31i cil uw.

2.

Juno

3.

52%
47%

53

48%

83

83

70%

77%
38

47,075
4,000

102% 103%

49,405
29,890
8,180
1,950
3,075
1,700

*lange

Range Since Jan. 1, 1881,
Lowest.

l.

Highest.

Low.

for

High

RAILROADS.

Albany & Susquehanna..
Boston & N. Y. Air-Line i
Buffalo Pittsburg it West

......

Canada Southern
Cedar Falls it Minnesota.
Central Iowa

......

82

82

33

31

*
......

101

1027s
037s 95%.
2934 30$,

Chesapeake & Ohio
Do
Do

1st pref
2d pref.

45
33
144 >1
*145

Chicago <fc Alton
Do

pref

Chicago Burlington it Quincy..
Chicago «Sr Eastern Illinois

Cleveland Col. Cin. & I ml
Cleveland it Pittsburg guar.
Columbus Chic. it I ml. Central.

45

120

83 %

28%

37

Feb.
Feb.
Fob.
Jan.
Feb.

20

47%
34

5,900

144

1*30%

131%
143% 144

144

85

145
85

-

4534 4534
105% 100%

04

08%

08

140

20*3.,

140
85

09%
140

20%

700

45% 40%
100% 100%

......

04

08%
*140

30%

00%

28%

30%

72%

72%

*80

00

114% 114%

114% 114%

00%

”9*1%

02

"5 l" *54%

50

5014

50
10

50%

82 %

000

41%

50%
107'$
35
120

1,300

01

-

12L,

80

84

58% 58%
49% 51%
100% 10734
34 % 35

90%

89%

90%

<sj

88*3.,

%
80%

*185

30%

4334

00
44%

04

83
34

84%
35%

04 %

4434

43%
83%
34
44 34

45%

270

35 Hi
07
80
48

44%

45%

59

59%

*05

100

051*2
......

07 Hi

..

94

5514

5 5 Hi

09

09

79%

81%

05%

54

40*2*66

55 %

20%
50%
18%

30 %
57 !->
18 ’.i

28%

13

13

13%

13%

83
93

85

50
19

20,500
143,325

51*%

35 %

64%
44%
84%
35 %

4434

45

40

270

270

0434
44%
84%

270

45

5834

3,200
41,200
17,750

52
35%
131
89
151

112%

48%
80%

50

90%

1*87

187

37%

37%

65%
44
84

00%
44%
84%

35%
44%

30%
45%

275

275

45%

40

48%

47%

49%

50

50%

01%

00

01

30%
30%

38
47

37%

42%

45

50%

135

07

08

98

70%

81
48%
74%

80%
48%
74%

82
40%
75%

48
74 %
110
110

48

,

74%
110

110% 110%
30
80
*05

100

*05%

00%

98»4
81%
50
52%
70% 81%
110% 11134
9834
81%

07%

00%

30
80
100

32% 33%
120% 128
53%
04

07

.08

40
33

47

33%
127% 128%
52% 54
93% 04%

54%
04%

55%

55 %

55%

-

1,800
2,000
4,200
4,850
1,205

50,500

*42
50
105
100
5 2 Hi 54
135
135
2ift
2*4

Adams
American

135
72

Wells, Fargo it Co

2%

00 Hi
*

90

88

137
87

80%

*334
*4 Hi
31 Hi
*38

60 Hi

*24

137

138

87
73

80%

OO %

01
25

334

32%

32%

*38

18

*40
*24
4

'

33.1

18%

*

128%

30
18

31%
*38

138

80%

03 %

23%
-

4 %

43

4%

8%
5

*734
*434

32%
6%

0%
was

23%
43%
4%
8%
5

23 34
43%
*4
10

42
25
4
0

15

*7%

8%

*434

5

0%

made at the Board.

0%

6%

130%
120%

137

80%

80%

73

*72

41
*24

41
25

30
*24

*38
18

18%

24%
44%

06%
24%
45%

4

4

6%
7%

18

*4%

5

6.%

7%

7

,

2%

2,540

80,985
2,080
12,705

373

64 %
30
25

548
809

11,323

200

4
0

500

*31%

33

4,400

*38

38%
17% 18
64 % 65

24%
44%
4
20

%

7%

*434
7

24%

44%
4%
20

7%
5
7

Mar.

08% 110$
01% 86$
00
83

9

Mar. 23
M ay 25

22% 50$

May 21

09% 127$
25

37%
0

Jan. 12
Jan.
4
Jan.
7
Feb. 18

Feb. 20

40% Feb. 14
50% May 20
24
15

May 21
May 21
90% May 24

39

725

Feb. 28

300

1,175
14,500
850
500
200

2,550
2,100

174
109

*12

80% Jan.

5

121

130$

28% 49$

"29$

June'3 100
123
Mar. 21
47% 128
Jan.
3 122
155$
130% Feb. 15 109
127$
52% Jan. 15 30
51$
Jan. 10 47
95
93$

81% June

180"

20

36
67$

28$
44$
57% 102
23

168
18

28$

19%

"35”

34%

66

42
15
42 L 112

25% 48

08% May 23
47% May 23

33
00
25
50
07
30

65
100

*8*6

113$

40

79$
88

47$

20% 48

51%
•

50

81

57 %

75
53$

00

Jan. 13

50
73

32
40
Mar. 7 00
25
Mar. 12
Fel). 21 102

May 20
May 25

Jan. 15
45
Jan.
3 100

225

13% 72$
112
129
129
111

4
25
98% May 27

4 115%

32$
85$

14

3
3

74% Feb. 12

155
20
70

39%

77% May 12

Feb. 25 111%June
Feb.. 9 42% May
Mar. 8 89% May

88% Jan. 7
41% Jan. 4
41 34 May 13

50

3% 18
12$
29% 43

June 2
Mayr 27
May 21
May 10
May 19

Jan.

4

57$

2*0

83
75

01

63

92$
30
147

45% Jan. 4 02% Feb. 18 27% 62
3 107% 146
Jan.
130% May 14 151
4$
1
%
Feb.
5
2% Apr. 13
80% Jan. 3!120% May 31 77% 116$
77
Anr. 10 02% May 21
120

Jan.

02% Jan.
51% Jan.
Jan.

2 106% 122
66$
88% May 23 54
55
73
May 31 42
118
4 127% June 3 100
5 130% June

0
4

00

May 23

35

Jan.

3

31
Apr.
25
May
1 % Jan.

10
25
5

%Jan.

4

Jan.

0

25

05
May 23
05% May 10
43

.

Jan. 15

20% Jan. 4
8% Feb. 7
0
Apr. 22
35
May 27
38
20

Jan.
Jan.

0
5

May 25
A pr. 8
08% May 18

21% Jan.

0

27

33% Jan. 10

1,300

139$

77
30
21
30

Fob. 14
Jan. 20

90
20
70

30
135

05

Feb. 25 131
Jan.
0 102
Feb. 25 155

May 4
Feb. 25
Feb. 25

"50$

20$
43$
20% 42$

Feb. 21

Jan. 28 110

52

25

13534 Jan. 20
38

53

May 25 03 % 105
May 23 158 200
M ay 23 49% 91$

May 28 14334 May 25
52% Jan. 4 82
May 20
39
Mar. 24
52%June 3

808 112

*3%
*

50

Feb. 25 110% Mav 18
Jan.
7 102% May 24

200

11,225

137%
73

Feb. 25

Feb. 20
Jan.
5
Jan.
0

60,850
23,752

87

0% 25$

May 24

4 100% Apr. 28
2 57% May 10
02
0
May 0
10
30% June 2
4
50
Jan. 27
4 05%June 2

85% Apr. 20 120
103% Apr. 19 120%
42
Mar. 22 04%
53
May 20 50
39% Feb. 25 54

39
97

37

129$

32% May 20

77

4

00
34
53

89%

127% 127%
63

0
33
40

54%

88%

05

*4
33

32%
38%

24
44%
4%

2%

04

*

23% 23%
42% 4334

prices bid and asked—no sale

2%
128

2%

126

65

%

135

48% May 14
30% May 14

17

21% Apr. 20
34
9
0
41

61$

90$
97$
25$
3fii*
27i*
99% 159$

May 10
8 80% May 31
110
13
May 13

Apr.

50

53
135

54

127% 127%
87% 80%

88

72

112%

|52%

73

1834

0

8034

72
*

134% 134%

125

50%

4

80 34

47

165% 105%

*72

65

*734
*43.1
31%

2%

72

112% 112

108% 108%

120% 120% 125

0
32 %
38%

*4

105% 100%
51% 52%
134% 134%
2%
2%

138
80
*72

73

42
25

*24

71
112
*45

50

12734 120 % 127% 128

72
120

125

*45

50

52
54%
134% 134%

135

80%

United States

111% 111%

*45

105% 100

126% 129
88 Hi

111% 11134

79
58

45
03
15
22
17

08% May 23
33% May 14

4 131
4 111

52

-

1101-2 1113.1

4
12

1,200

..

75

118

OPv

Feb. 17

23
1,200
Mar. 10 38
May 13
149,740 105)% Feb. 25 128%June 3
21,000
39
Feb. 25
58
May 14
33,570 77 Feb. 25 00% May 10

-

*07

May 20
May 23

00
Mav 10 05% May 23
June 2
104% Mar. 25 187
28
Jan.
4
19,070
43% Feb. 2
70
Jan. 29
May' 14 90
01
9,400
May 20
May 28 70
17,000
Mar. 17
32% Jan. 13 51
85
34,977
04% Jan. 25
May 25
21,800
23% Jan. 5 37% May 21
0,775
30% Jan. 4 47% May 20
100
9734Jan. 8 120
May 21
400 219% Jan.
June 3
7 275
10,300
27% Jan. 4 49% June 3
50
Feb. 25
13,850
73% Feb. 9
5 127
Jan. 19 142
May 17
100 130
Jan. ‘7 145
Majr 10
26
5,933
Apr. 14 42% Juno 3
1,950 25
50%
June
3
Apr. 1

100
200
200

08

Jan. 14

120

50
40
14

115

300

07

Jan.
Jan.
Jan.

38% Jan.

77,073
85
23,805
3,720
18%
7,000 118
4,700 03
33,783 140
7,300 103
70,000
4334
8,000
82%

100%

131
80
150
112

84%
80%

40,500
10,300
400

35%

00

05
44%

400

■

108

185% 187
37% 38

37%

3,330

19

40%

00

40
45
112
4

10% Jan. 20

03%
112% 114%
0334 04%

.

3234 33
1.24% 120% 12434 120*34
52 % 54
52% 54
02% 04
03% 94%

12tH2 120
53
03 Hi

37

*95

......

29%
50%

108%

150% 151%
111% 113
40% 50%
90% 91%

49 %
90%

3034 37

35%

48
74
110

733* 74%
109*4 10934

17,170

80

c
«

107 % 108%

119

270

44 %
00

107

100%
35%
129% 13034

187

37 34

30 34

44 38
84%
35 %
45%

48

89%

*18f>

»- 1

04

05%
132% 134

108
35

110% 111

1103.,
4834 49%

O

100

.

.

9*0

110

Q

_

0;>%
132% 134%

50%

......

1493., 150% 149% 151%

M

_

82% 84 ~
03% 04%
113% 114%
03
04%

03

!*
w

_

04 %

57

12%

02

50%
105% 10734
3434 3434
129% 129%

-

.

7014

•5*200

37

48% June 3
00
May 20

01'
85
20 110
Jan.
8 250
Feb. 20 03%
Jan.
4 140%

50
14
41

50%

49%

91

50% Jan.
48% Mav

10

03%

40

40%

4*70*6

91% 93%
90% 02%
112-% 113-3, 112% 113%
03

131%
129

0,550

.

84

117
117

11)7
03
124

2

Jan.
5
Mar. 23 153
Jan.
7 117
160
Feb. 20 182% Jan. 17 113
183$
Apr. 21 05
May' 17
Feb. 25 120
May 20 66%
114$
Feb. 25 140
May 20 00
Feb. 25 130
Jan”. 10 87% 124$
130
Feb. 20 147% Jan. 17 104 “
Feb. 20 148% May 21 100% 146$
204
Jan.
4
88
May 23 22
48
Jan. 22
Mar. 25 51
Feb. 25 100% Jan. 24
07 % May' 10
Feb. 1
Feb. 25 101% May 23 61
96$
Jan. 29 142
May 10 100%

54* *54* ‘*5*4% *55*' **5*3% * 5*5 **

2*7 34 29 %

1 *28**

07

144

30

27

47 Hi

02%
145%

101%

81

May 16 100
June

Apr. 10 150

144%

......

28 !->

3314

144

*20 " *20 * *20% *20% *2*8% **3*6*% *29** *20**

IOO34

07

**o*i%**9*i%

02%.*

92%

142% 144

24
25
18
5

Jan. 25

23
132
140
100
00

127%
30,000
19% Jan.
200
00
May
183,010 107 Jan.
18,375
82% Jan.
225
70% Apr.
110
May
89% Mar.
7,055
Jan.
44%
94
Feb.
4,800

80

5 131
54

82% Jan.
80 % Feb. 25
2034 Jan. 10
32% Jan. 12

200

128% 127% 128%
108% 100% 100% 109%
*80

0000
10
31

5,500
15,843
4,450

141

127

80

135

EXPRESS.




80

11,000

64,300
20,010
38,745
14,740
8,750

145% 140%

114% 114%

271.1

4334
58 34

Western Union Telegraph
Do
ex-certificates

are the

31%

7

i’20 % 1*2*8% 1*2*7% 128%

145%

100% 107 %

270

Sutro Tunnel

These

30
47
34

Apr.

100% 170%

13134

120% 127%
107% 10834

115

119

Oregon Railway it Nav. Co
Pacific Mail
Pullman Palace Car

Mining

00%

*145

134% 13534
131% 132%

100-3., 10734

4434

MISCELLANEOUS.

*

05%

Jan.

45

231

144% 144%

145%

109% 171

140

28%

2 <):<„

47%
34%

34%

135

105

34H3

..

Standard Consol. Mining
Cameron Coal
Central Arizona Mining
Cumberland Coal it Iron
Deadwood Mining
Excelsior Mining
New Central Coal

47
145
*145

120%

01% 04%
01% 02-%
130% 132% 1303., 132%

01
4 2 Hi
82 Hi

.

pref

31
-10%

02%
130% 132*i

18514 18514
30 34 37

Rensselaer it Saratoga
Rochester & Pittsburg
Rome Watertown it Ogdeusb’g
St. Louis Alton it Terre Haute.
Do
pref.
St. Louis Iron Mt. & Southern
St. Louis it San Francisco
Do
>ref.
I>re
Do
1st pref.
St. Paul it Duluth
Do
pref
St. Paul Minneap. it Manitoba.
Texas it Pacific
Texas it St. Louis
Toledo Delplios it Burlington
Union Pacific
Wabash St. Louis itPacifie
Do
pref.

Mining

102% 103%
00
00%
31
31%

85

07%

142% 1-14

20 %

150^
10914 110%
4834 493y
8014 00

Philadelphia it Reading
Pittsburg Ft. Wayne it Chic

Do

115

543.i

149

Ohio Central
Ohio & Mississippi
Do
pref
Panama
Peoria Decatur & Evansville...

Silver Cliff

91%

901-2

pref

Quicksilver Miuiug

102%
95 %

37%

'83% ’84% **8*3 % "8*334 **8*3% *8*3% *83% **84%

14414

40
100
34
120

Northern Pacific

Ontario Silver

38

84%
115

12 Hi 12 Hi
83
84
02
04
112
114
02H> 03

.

Mariposa Land <t Mining

34

00

30

Do
pref.
New York it New England
New York New Haven it Hart.
New York Ontario it Western
Do
pref
Norfolk & Western, pref

Maryland Coal

7734

44% 45%
105% 100

120*4 127%

OO 34

..

Homestake Mining
Little Pittsburg Mining

79

*84

08%

......

Milwaukee L. sh. it West.,
Milwaukee it Northern
Missouri Kansas & Texas
Missouri Pacific
Mobile & Ohio
Morris it Essex
Nashville Chattanooga it St. L
New York Central & Hudson
New York Elevated
New York Lake Erie & West..

COAL AND MINING.
American Coal
Colorado Coal & Iron
Consolidation Coal

82%

107 % 108 >.,
80 34 80%

143

20 34

pref

American District Telegraph
American Union Telegraph
Atlantic, it Pacific Telegraph
Canton C'o
Delaware it Hudson Canal
New York it Texas Land

80

48
82%
70%

......

*

127 %

~80
53 $•

Louisiana it Missouri River
Louisville it. Nashville
Louisville New Albany & Chic.
Manhattan
Manhattan Beach Co

Do

4034

120
800

*

.......

Memphis it Charleston
Metropolitan Elevated
Michigan Central

40%

107% 100

173

08.

pref...
114

54

......

20;3.1

*88

50

34%
143% 1-15

44% 44%
105% 100%

08

Dubuque it Sioux City

2d

3034
45%

140

1001-2 108

Do

05%

......

03

Denver A Rio Grande

101 %
94 %
30
45
33

124% 120% i‘25
135
135% 134
120% 131
120%
141 % 142
*141%
144% 145
143%

10334 10514

28 $>

77%

*145

*

135$.
1295a 131 %
142 $2 144D4
144
145%
83
831-2
44
44%

Do
pref..
Harlem
Houston & Texas Central
Illinois Central
Indiana Bloomington & West..
Do
new
International it C.t. Northern.
Keokuk it Des Moines
Do
pref
Lake Erie it Western
Lake shore

34

*145

Danbury it Norwalk

Erie & Pittsburg
Flint it Pere Marquette,

78%

34

45%
33% 33%
.143% 143%

33 $2

144 Hi

135

*

70%

04%
30%

i 25 % 12*6%

03
00 34

......

101% 102 34

171 $>172

Chicago Milwaukee & St. Paul
Do
pref
Chicago it Northwestern
Do
pref...
Chicago Hock Isl. it Pacific
Chicago St. L. A New Orleans..
Chicago St. Paul Minn. it Oin..
Do
pref.
Cincinnati Sandusky it Clew...

41

48

13
53

4
Jan. 20
10 .June 1

7%June
5
26

2

Mar. 20
A pr. 27

3% Jan. 11

7
20
14

Feb. 17

Fob. 14
3
3

Juno
.Jan.
Jan.

7
8
35% Feb. 9
7
Apr. 13

55

19%
28
26

55
42$

39$
39

1% 30$
2%
16
30
9
45
20
2
23
n%
6
20

2%

4$
27

39$
24$
78$
34
21$
70
25$
25$
85

6$

June 4,

Railroad Earnings.—The latest railroad earnings and the
totals from Jan. 1 to latest dates are driven below. The state¬
ment includes the gross earnings of all railroads from which

columns under the heading

The
returns can be.obtained.
“
Jan. 1 to latest date” furnish the
to
1 *

gross

Southern.April
At?.*Miss. A Ohio. April
Ala Gt

Average amount of

1881.

$45,314
143,100

22,884

23,009
30,SGI
8,409

173,000

N.Y.Air-L. April

35.730
^9,957

BMCJtoP.ANo...3<l wk May
Louis.3d wk May

037,343
88,240
778,304
134,652
5,001.255
845,338

86,205

733,999
101,700
0,574,125
802,753
2,414,026
3,700,918
584,446
529,353
5,389,000
4,837,029

Burl.&Q...-March....M,418,149 1,732.518
34,542
24.953
27,224
29,870
Chic Mil. A St. P.4th wk MV 541,000
395,080
Chic & Northw..April
1,454,301 1,294.573
Chic StP.MinAO.3d wk May
37,140
20,722
20,850
34,357
St.PaulA S.City.3d wk May
Chic. A East. Ill. -3d wk May
Chic &G.Trk. Wk.end.May 21

Det. Lans.

A No..March

Dubuque A S.City. 2d

Eastern
February..
East Tenn.V.AG-3d wk May
Flint A Pere Mar.3d wk May

Gal.Har.A San A. 1st wk Apr
Grand Trunk. Wk.end. Apr.30

390,467
275,272
092,935

173.929
20.S99
78.020

17,049

302.521

Western.'Wk.end. May27
Hannibal A St. Jo. 3d wk May
Foust. A Texas C.3d wk May
Illinois Cen. (Ill.). April
Do
(Iowa). April
Indiana Bl. A W..3d wk May
Ind. Dec. A Sp.. .April
Int. A Gt. North.. 3d wk May

78,503

7,859

7,845

105.700

65,432
6,308
10(5,431
18,478

1,487,022
155,583
1,971,029

192,105
29,757
30,750

175,345
25,725
25,817

19.437

17,517
181,138
96,745
44,501
42,170

150,355
27,730

Oreg’n R. Nav. Co. April

May

Pennsylvania ....April

93,434

3,473,119
2,133,425

3,257*331

752,681

899,342

1,914,421

Second Nation’l,

1*86*331

Ninth National..
First National..
Third National..
N. Y. Nat. Exch..

891,352
721,711

4,710,463
788,251

4,193.557
077,073

1,708.991
1,002,005

1,4*66.809

975,052
188,263

803,933
135,839

828.734

210,903
1,028,700

120,839
1,132,304

562,932

487,755

281,074
2,738,409

2,191,033

249,018
886,386
1,108.798
106,527
332,818

366.796

1,507,300

1,365,749
952,155

1,300,317

4,879,082

4,537,035

Total
Increase

$486,928

c

72

30TH APRIL.
1881 (Esti¬

Southern Division
Northern Division

Total

Increase

mated.)

$1,142,000
223,749

$1,209,300

$1,365,749

$1,507,300

295,000

$141,551

E. S. Sub-Treasury.—The
and payments at the

following table shows the receipts
Sub-Treasury in this city, as, well as the

May 28...
“

“

J uue
“

“

Total

30...
31...
1

2...
3...

Payments.

$

Coin.

*2,291,200

$
6,563,917 06

23

71,034,339 62
71,180,289 15
70,513,550 03

0,734,893 90
6,689,097 88
6,815,971 05

04

72,408,027 91

7,009,024 48

015,800 09
1,975,950
905,240
1,569,425
1,075,745

37

1,065,399 01
1,029,559 2S
3,103,870 95

8,612,138 59

Currency.

$
70,890,117 97
Day

$

1,062,042 98

88
50

6,202,108 34

Coins.—The following are quotations in gold for various coins:
Sovereigns
$4 83 @$4 SO
Silver J4S and ^js.
99 3t@ par.
Napoleons
3 32
A Reichmarks. 4 72
A Guilders
3 02
epan’h Doubloons. 15 55
a

Mex. Doubloons.. 15 50

lone silver bars

..

Dimpf°i^iilar8—
■LUines A ifl dimes.




1 12
—

86
76
98
75
00

L25s

Par
Prem99^®
par

Five francs

—

Mexican dollars..
Do uncommerc’l.

English silver

....

309.000

1.065,000
077,400
3.421.500

105.000

5.665.700

5,408,000
2.324.200
5,741.20C

3.211.700
L.439,500
2,696.000
8,030,900
3,050,0fjo

750,000
200,000
200,000
250,000

16.900

545.800
213.900
607.500
5.218.000
6,496.900

089,900
1.377.400
674.000
559.600
808.900
104,700
402,000

—
—

93

@

89
86

@
@

4 72

-•
—
—

95
90
89

@4 80

Priis. silv. thalers. — 68 @
U. 8. trade dollars— 9914a>
U. 8. silver dollars — 99 7q a)

—

69

—

99^

par.

201.200
151.900

177,000
781.200
275.200
327,000
299.200
122.100

1.504.100
511.400

1,018,200
848.900
992.600
L9.570.9oc
8,763.000
3,003.000
5.772.100
15,840,100
6.251.400
1.456.400
1.579.300
1.402.100
2,582,900
4,100,000

440.100
402.600
504.900

903,000

302.000

103,000
232.100
425.400
108.000
392,000

1,015,700
14.700
194.000
100.300

1,020,(500
1.471.000
282.000
571.000
895.400
439.200
95.000
349.000
414.400
78.900

503.HOO

1.038,700
3.500.400
1.509.200
254,000
31.000
41.400
576.500

234.200
30.300
121.500
153,00 )
04,800

880.200

1.816.300
1,317,716

455,200
20,500
68,300
676,000

1,109,000

2.888.300

60.875.200 332,025,70'

211.800
60.100

323.200
073,000
216,001)
2.284.400
22,800
828.000
5.725.200
4.704,800
215.000
21.800
118.100
3,003.300

4,077,700
8,032.700
3,831.000

225,000

14,172.000 5,719.000
1.979.500
2.901.200
2.908.300
2.012.100
3.637.000
4.1U.00C
7,051,200
2.000,600
3.543,000

425.500
444.300
25.000
189.000
153.200
142.500
259.400
337,700
149,000
02,800
123,000
192.200
181,000
57,400
140.500
643,000
678.100
195.800
92.700
276.100

300,000
1.100

207,000

12.000,400
790,600

2.070.000

1.408.800
J 4.095.100

4.343.600

407.700

2.902.300
1.581.900

241.700

795.700

174.000

1,044.000
949,800
2.859.500

2,700
471,900
35,900

939.900
3.492.500
12.577.000
12.872,800
4.449.800
5.722.900
2.748.000
3.183.200
3.569.800
1.012.200

1.110,800
900.000

360,000
1,125,000
45,000
5,400

2,746.000
8.762.400

800,000
438,000
2,250,000
208.400
3,900
429,700
450,000
450,000

2.884.700
14.482,000
2.32 f,000
2.914.000

2,559.000
1,572,000
3.853,000
2.533.000

4,000

780,300

8.150.800
1.078.000

45.000

4.168.000
23.011.i5GU
22,778.000
8-43.700

1,107,500
45,000

1,004,800

224,500

777.900
19.187,500
9.224.000

810,000

3.468.000

1,287,000
45,000

5.876.400

600,000

17.937.100
0,920.900
1.201.600
1.372.300

450,000
270.000
225.000

1.650.500

180,000

2.503.800
4.565.800

91,800

1.931.700
1.453.400

1.359.700
2,753,100

450.000

79,134,800 18.033,800 332,182,800 19,301,200

The

700,800 i

Inc.

following

are

the totals of the New York City Clearing
a series of weeks past:

House Banks’ returns for

Loans.
L. Tenders. Deposits. Circulation. Agg. Clear.
Specie.
1880
$$$$$>
Dec. 24....292.417,900 57,080,000 13,360,900 267,068,030 18,431,400 804,522,740
“

...297,750,700 58,047,900

31

1881.
Jan.
8....304,0.80,200
“

15....302,804,300
22....307,839,600

“

29....310,682,200
5....316,092.000
12....317,139,100

19....320.807,300

“

61,948.900
65,162,500
60,484,100
00.264,100
07,003,700
6?.S'V>,600
65 49 500
5 CH, 500
51, 9..100

Mar.

275,495,400

282,788,500

“

288,821,100
292.653.000
294.530,300
305,033,900
31(5,818,400
320,011.700
332,182,800

“

“

Boston Banks.—The following are
banks for a series of weeks past :
*

6,907,900
0.171,000
5,535,400
5,700,100

11..

149.851.400
140,029,900
145,529,000
140,114,000
147.551.200
140.289.900

5,840,200
5,007,100

18..

140.129.200

0,084,800

25..
2..
9..
10..
23..

140,037,100
147.607.400
149.674.900
150,330,500
150,124.100

6,592,000
6,043,200
0.843,400
6.678.700

2,4"8,300
2.434.400
2,709,100
3.027,700
3.117.300
3,059.100
2.938,200

30..

151,004,400

7.503.700

3.294.700

28..

May

*

150,723,800

*•

Apr.

„

4

.

5,842,300

0,744,400

18,425,000 1179,899.303
13.345.500 1224,948,182
18,330,700 955,459,473
18.368.300 1042,395,915
18.372.300 947,812,074
18,25 >,500 1105,402,825
10,181,000 1143,978,545
15.448.500 1241,050.579
15.460.100 1020,907.985
15.771.100 812,503,681
10,030.500 774,684.705
16.713.500 950,440.299
10.709.000 815,034,432
16,.380,200 724,179,359
17.217.400 078.203,386
18.600.100 879,802.835
18.604.200 1144.470,789
18,590,900 1078,352.005
19.185.300 1212.047.032
19.301.200 1193,720,141

the totals of the Boston

Deposits.* Circulation. Ajg. Clear.

L. Tenders.
$

Specie.

Loans.

18,420,2001179,878,936

285,787,700
292,370,800
298,931,900
302.512,300
3 >7,097,000
307,924, 00
307.718,100
296,517,300
274,442.600
271,66'‘,800
277,931,600
275.580.500

“

1881.
Feb. 28..
Mar. 7..
14..
“
21..

18,408,200 817,931,113

12,790,000 272,406,900
13,817,400
15.630,100
10.395,000
17,287,900
15,9'7,500
15,540,000
14.887.200

15,048,000
5....298,485,400
13,289,200
32....296,252,900 55,868,000 12,466.600
“
19....300,177,300
59,552.000
1^,241,200
“
20....300,622,000 57,608,000 12,934.500
April 2 ...300.288,100 57.611,000 12,710,500
9....305.244.400 00.429,000 12,472.700
10....306,383.400 02.019.300 13,428,600
“
23....305,717,600
06.804,200 14,418,200
“
30....304,435,200 69,289,400 15.784.700
May
7....310,"50,000 73,340.500 10,024,600
14....317,730,900 76,887,700 17,134,100
21....324,192,800 80,518.500 17,873.000
28....332,025,700 79,134,800 18,033,800
26....316.584.400

*

93.092,400

30.210,200

87,803,400

29.813.900

71,930,430
83,.349,374

85,772.500
85,000,900

29.831.900

70,117,775

29.875.900

69.034.123

85,40,8.100

29.975.500

85.823.900
80,959,800

80,135,800
30,282,700

08,840.822
69,090,257

88,089,300

30,404,400

90,124,300
91.451.900
95.954.900
96,911.700
98.513.900

30,024,500
30,622.000
30,790,000
30.934.900
30,997,100

101,051,500

30.470.500

2.490.300
2.407.400
2.470.700
2.532.300
2.793.700
2,070,000

70,403.791
79,105,341

77,502.234
80,149,257

95,227,624
85,405.247
92.454.596

96,881,371

Including the item “ due to other banks.”

*

Philadelphia Banks.—The totals of the Philadelphia
are as

follows:
Loans.

1881.
Feb. 28..
Mar. 7..
14....
21....
“

—

3
4
3
@15
@15
@
w
1
jl
@
@
©

200,000
300,000
100,000

Legal tenders

Balances.

Receipts.

1.760.100

“

1880.

0

250,000
3,200,000
2,000,000
300,000
750,000
500,000
1,000,000
300,000
250,000

“

$437,000

961.200
573,000

495,000

0,507.000
7,045.200
7,427.200
0,852,000

The deviations from returns of previous week are as follows :
Inc. $7,832,900 1 Net deposits....
Inc. $5,571,100
Specie
Dec. 1,883,700 | Circulation
Inc.
165,900

“

I

4.302.800
4,770 000

943.600

707.100
440,000

.2,053,300.
910.000
3.980.100

13,004,000

3.660.500
12,430.000
14.100.200

510,000

1.687.400

$

$

173.000

2,173.000
1.373.400

tion.

Loans and discounts

“

mated)
$410,000
;
77,000

$

2.090.000
1.739.400

460.900
375.000
3.641.000

10.043.200

U, S. Nat

Feb.

of earnings of

3,001.000
0.050,600
3.173.800
1,757,000

2,000,000

..

Total

10.865.200

20.940^00

Germ’n Americ’n
Chase National..
Fifth Avenue....

German Exch.
Germania

7.845.300
7.085.700
7.065.000
4.717.400

500,000
1,000,000
1,000,000
300,000
400,000
1,500,00G
500,000
240,000

Bowery National
N. York County..

“

53,928

JANUARY TO

Oriental
Marine

70,804

$534,000

500,000
500,000

St. Nicholas
Shoe & Leather..
Corn Exchange..
Continental

89,739

1381 (Esti¬

isT

Nassau
Market

439,033

Southern Division
Northern Division

3,000.000
600,000
1,000,000

....

Citizens’

495,181

1880.

FROM

500,000

2,856,506

314,039

FOR TIIB MONTH OF APRIL.

_

Irving
Metropolitan

3,970,403

^Including Selma Rome & Dalton in both years.
—From London we get the following statement
the Southern Pacific :

„

1,000,000

Park
Mech. Bkg. Ass’11
North River.
East River......
Fourth National.
Central Nat

591,177
279,092

1,419,S62
117,791

6,005

450,000
412,500
700,000

People’s

Importers’ & Tr..

1,106,345

94,594
Southern Pacific.April
487,000 480,928
Texas A Pacific.. 3d wk May
00.109
30,302
Union Pacific.... March. ...1,657,570 1,735,509
Wab. St.L.A Pac. 3d wk May 305,099
277,471
Wisconsin Cent...3 wka Mar.
40.930
03,426

Republic

Hanover

7,306*426 7,7*65,079

334,947
1,490.330
19,905
12,094
95,030
42,209
74.898

Pacific

703,477
586,388

250,215
970,831
700,244

8,288

Mercantile

782,718
094,475

3,760,372 3,488.360 13,889,505 12,794,079

Peoria Dec. A Ev.3d wk May
9,944
Philadel. A Erie.. April
293,323
Phlla. A Reading. April
1,484,804
St.L.Alt.AT.H. ..3d wk May
24,404
Do
(brclis).3d wk May
10,060
St.L. IronMt.A S.3d wk May 135,519
St.L. A San Fran.3d wk May
72,013
St.P,Minn.AMan.3d wk May - 94,287
Scioto Valley
3d wk May
6,168
South Carolina. ..March
130,841

Broadway

North America..

438,903

217,013
334.425
0,002

Cocbmerce

377.059

454,085
146,871
924,903
320,994
449,834

412,870
386,130

Mechanics’ & Tr.
Greenwich
Leather Man’f’rs
Seventh Ward...
8tate of N. York.
American Exch..

390,748

20,831

179,689

Butchers’&Drov.

Chatham

530,357

18,925
145.400

Tradesmen’s......
Fulton
Chemical
Merch’nts’ Exch.
Gallatin Nation’l

200,547
357,048

443,808

20,219
89,819

City

10.172,000

Circula¬

other
than U. S.

Tenders.

*

2,000,000
2,050,000
2,000,000
2,000,000
1,200,000
3,000,000
1,000,000
1,000,000
1,000,000
000,000
300,000
1,000,000
1,000,000
300,000
200,000
200,000
600,000
300,000
800,000
5,000,000
5,000,000
1,000,000
1,000,000
422,700
1,500,000

Net dept's

Legal

Specie.

$
New York
Manhattan Co...
Merchants
Mechanics’
Union
America
Phoenix.

328.521

1,215,552
1,820,822

42.196

9,539

330,181
1,400,545
104.82S
777,923

1,817,913

31,917

212,869
471,973
487,272
299,880
373,800

.

Pad. AElizabetht.2d wk

694,657

1,440,720

1,847,201 1,644,958

,

542.bOo
503.947
239,847

108,527
205,226

14,402
Memp. A Chari.. .4th wk May
2,974
Memp. Pad. A No.3d wk May
15,349
9,094
Mil.L. Sh.A West.4th wk M’y
14,134
Minn. A St. Louis. 1st wk May
8,033
Mobile A Ohio
May
145,110 129,249
Nashv. Ch.ASt.L. April
183,525 155.400
3,100
Natch. Jack. ACol. February..
4,720
N. Y. Cent. A Hud March
2,008,250 2,854,835
N.Y. L. Erie A W.March
N. Y. A N. Eugl’d. April
N. Y. Pa. A Ohio.. April
Northern Central. April
Northern Pacific .May

4,409,507
4,942,613

412,030
123,702

41,220

110,209
21,575
182,400
19,000
4,090

May
May

4,577,128
409,091
423.193

028.194

215,290
103,109
42,734
51,189
481,708

Gr’t

K. C. Ft. S.A Gulf.March
Lake Erie A West.3d wk
Louisv. A Nashv.3d wk

14,701
108,199

107,207
18,098

wk May

2,035,721

724.001

21,951
175,484

4,054

De8M.AFt.Dodge.2d wk May

Loans and
discounts.

$240,580
• $109,801
087,200

Chic

Mich..3d wk Apr.
Ciu. Iud.St. L.&C. April
Cincinnati South.April
Cin. A Springf. ..3d wk May
Clev.Col.Cin. A 1.3d wk May
Clev. Mt.V. & Del.Sd wk May
Denver A Rio Gr 4th wk M’y

Capital.

1880.

'

Chic. A W.

Banks.

r-Jan. 1 to latest dale.—

$58,293

Cairo A St.

T

1881:

earnings from Jan. 1

earnings reported—v
WeekorJUo. 1881.
1880.

the
th e
28,

New York City Banks.—The following statement shows
condition of the Associated Banks of New York City for
week ending at the commencement of business on May

the period mentioned in the second column:
,—Latest

and including,

•Rnnt &

603

THE 'CHRONICLE.

1S81.J

Apr.

May

73,791,948

Circulation.

'18,183,122
16,675.724

65,602.808

10,334.030

71.181.790
72.305.791
73,485,827
74.253,494
75,109,008
74.801.575
74,542,079

61,',49,924
61,752.081
61,900.170
01,173,413
02.456.355
03,771.480
07,659,350
07,801.923
0S.375.085
08,027,309
08.009.105
70,497.530

75,849,489

23,174,328

74,588,003

70.170.205

4
11....
18.-...
25....
2....
9....
16....

70,200,005

23.,
30..

Deposits.

17.179,494
17.038.097
17.530.152
17.573.378
18.005.372
18.914.000
19,284.008
19.600,525
18.900,813
19.454,140
21.210,584

71,001,051
70,003,787
70,503.874

28...,
..

L. Tenders.
$

t

9.870.770
9.951.033
9.990.283

10,000,706
10.105,592
10.145.128
10.134.981
10,123,550

10,204.800
10,473,543
10.334.185
10.219.090

10,237,440

banks

Agg. Clear.
%

51.724.808
59.000.479

48,030,201

47.595.115

45.239,306
53,340,450
48.057.337
•44 097.129
54,800,074
40.155.049
50.075.47

51.582,025
5U.105.827

52,214,658

CO 4

THE CHRONICLE.
GENERAL

QUOTATIONS

STOCKS

OF

[VOL. XXXH,

AND

BONDS.

Quotations In New York represent the per cent value, whatever the par may be; other quotations are frequently male per share.
The following abbreviations are often used, viz.: “ 31.,” for mortgage; “ g.,” for gold; “ g’d,”.for guaranteed; “ end.,” for
endorsed; “cons.”
for consolidated; “ conv.,” for convertible; “ s. f.,” for sinking fund; “ 1. g.f” for land grant. ■
Quotations in New York are to Thursday; from other cities, to late mail dates.
Subscribers will confer
Bid.

United States Bonds.

a

favor

Ask.

-

Currency, 189b
Currency, 1896
Currency, 1897

reg
reg
reg

Currency, 1898
Currency, 1899

1

j

75*2

Class “B,” 5s, 1906
Class “ C,” 2 to 4, 1906

96

85
J & J 100
1899 ..J&J 35

Delaware—6s
Florida—Consol, gold 6s

Georgia—6s, 1880-86
7s,

new

bonds, 1886

7s, endorsed, 1886
7s, gold bonds, 1890
8s, *7.6, ’86

& O

17*12

& O
& O
& O
& O

17

& J

8

20
17

15%
15%
1534

1

105

J&J-*

J & J 95
F & A 110
J&J 112
112

102

..Q—J 118*2
A & O 110

115
120
13

Louisiana—New con. 7s, 1914..J&Jj 01
56
7s, small bonds
Maiue—4s, 1888
F& A 103

105

no

110*4
104*4
10—2

(104

Maryland—0s, defense, 1883.. J&J j
6s, 1890.....
5s, 1880-’90

Massachusetts—5s, 1883,
5s, gold, 1890
5s, gold, 1894

5s, g., sterling, 1891
do
do

do
do

1894
1888

108
109
108
Q—Jj 109
LOO
103*2
gold.J&J I: 103
A&Oi 114*0 L15
117*4
Va-r.1 117

Q—j!

T&J
M&N j

A&O,

.....

J & J ioi”
7s, 1890
M& N 115
75
Minnesota—7s, RR. repudiated
J & J 111
Missouri—Os, 1886
^Funding bonds, 1891-95
J & J 113
Long bonds, ’89-90
J & J 115
Asylum or University, 1892. J & J i 19
Hannibal & St. Jo., 1880
J & J 110*2
do
do
18S7....J&J 111
N. Hampshire—5s, 1892
J & J L LI
War loan, Os, 1892-1894
J&J I 123
War loan, Os, 1901-1905
J & J 125
War loan, Os 1884
M&S 105
New Jersey—Os,4897-1902....J&J*

Michigan—Gs, 1883

J&J*
New York—Os, gold, reg., ’87.. .J&J lYi"
6s, gold, coup., 1887
J & J 112
6s, gold, 1883
1 & J 103
6s, gold, 1891
J & J 120
68, gold, 1892
A&O 121
6s, gold, 1893
A&O 122
N. Carolina—6s, old, 1880-’98..J&J

6s. N C. RR., 1883-5
6s,
do
6s,
do
coup, off
6s,
do
coup, off
.

'

6s.

do

4s,
4s,

new, 1910
new, small

class 3

Ohio—Os, 1881

Pennsylvania—5s,

g,

•

*
•

.

*

113
124
12 4
LOO

j

111
117
110

115
120

107*2

«.

!
!
1

4

......

i

!
1

......

9

8

834!

8
87
83

new

73

Chicago, 111.—7s, water bonds, 1392:

122

7s, water bonds. 1895
7s, city bonds, 1892
7s, city bonds, 1395

!

|

Cook Co. 7s, 1892
Cook Co. 5s, 1899
Cook Co. 48tS, 1900
West Chicago 5s. 1S90
Lincoln Park 7s, 1895
West Park 7s. 1891
South Park Gs, 1899

108

110

‘

j

t

i

71%
40
no
118
120
no

|

40

Gs, short

38
120
84

i

!

123

109*8 109%
115
103

120
109

5s,
Os.

7s,

7s. Westchester Co., 1891

Norwich, Ct.135
135
119
119

Orange, N. J.—7s. long
Paterson, N. J.—7s, long
Gs. long

j 115

403

5s, long

i

4,

8s

8s, special tax

•.

Philadelphia, Pa.—5s, reg

:

L10
110

Portland, Me.—6s, Mum, 1895. Var.
6s, railroad aid, 1907
M&S

i

registered
J& J t
imp. Os, guar., 1891.. .J&Jt
J&Jt
imp. 7s, 1891

7s

1905

FallRiver, Mass.—Os, 1904...F& AJ
5s, 1894, gold...;
F&A 1
Fitchburg, Mass.—Os. ’91,W.L.. J&Jt
Fredericksburg, Va.—7s
M&N
t Purchaser also pays

accr led interest

no
110

110
119
125

no
107
122
no
127

113*2

128
115
130
no
117
no

105*2
117
120

123
.....

120*'i
125

60
GO

110*2 112*2

125

1

T&Jl

„..

100

4s, new
’ittsburg, Pa.— 4s, coup.,1913..J&J
5s, reg. and coup., 1913
J&J

J&JI

Fuud. loan (Leg.) Os, g., 1902 Varl
Elizabeth, N. J.—7s, short
7s, funded, 1880-1905
Var
7s, consol., 1885-98
A&O

109
114
110
103
105
110
110
121

J&J

reg..

Wash.—Fimd.loau(Cong.)0s,g.,’92f

small

52
55
80

109
125
113
103
122
126
113
125
t 103
L02
Vai 116
109
L04
103
J&, 115
116

District of Columbia—
Consol. 3-05s, 192 4, coup.... F&A

Funding 5s, 1899..

38
38

30
30
30
35
40

6s,
7s,
6s, gold, eons, bonds, 1901.M&N +
109
Os, street impr. stock, 1883.M
do
1882.M & N 104
7s,
do
121
Os, gold, new consol., 1896

Norfolk, Va.-

f
105
101
I1 103
Var.tj 110
Var.l 121

no

117
120
130
114
1113
106
104
100
.98
115
113
45
47
00
65
110*2 111
109
103
104
115
aqueduct stock, ’8 4-4911..Q—F 106 120
130
pipes and mains, 1900..M&N 123
122
reservoir bonds, 1907-’11.Q—F 120
no
Cent. Park bonds, 1898... Q —F 109
119
do
1395.. .Q—F 118
130
dock bonds, 1901
M & N 128
123
1905
M&N 122
do
127
market stock, 189 4-97M & N 120
103
improvem’t stock, 1889.31 & N 107
116
*.
do
1890 ...M ' " 114

i

Cleveland, O.—Os. long
Various! 109
Special 7s. 1879-’89
Yearly 1
Columbus, Ga.—7s, Various
Var. *9*6*

|

6s,
7s,
Os,

Os,
7s,

Var.ij

72%

118
45

!

123

108 *4
100*2 107: i

7-30s
Var. I
7s
Long 11
Southern Rli. 7-boa 1902...J&Jlj
do
7-3 Os, 1900
1
do
Os, g., 1900
M&N 1
Cur. Gs, 1909
do
F&At
do ’
Skg. fd. 5s, 1930M&Mt
do
4s
J&Dt
Hamilton Co., O., Os
t
do
7s, short
1
do
long 7s & 7-30s. 1

72**

is
112
120
125

I

Var.l!

do
do
Perm.
Perm.

72*6

!

j 107*2

Cincinnati, O.—Os, long

Consol. 3-05s, 192
10

85

! 107*2 108

i

6

|

j

124-4

1

105

1*13 ”

122
...! 12 4 %

7-30s, short
8s.:
I Dallas, Texas—8s, 1901
|
10s, 1883-90
Dayton. O.—Os 1890.
Detroit, Mich.—7s, long
7s, wmter, long

..

5s, 1882
Macon, Ga.—7s
I Manchester, N.H.—5s,

■

1

’77-’78..F&A*

72
72

j

128**1

!

j 122
; 109

108
30
30
110
107
113
108
107
104

103
108
123
10S

120
114
111
106
105
120
no
1 JO
111
121
M&Nt 100*4} 101
100
105
103
1883-’85J&J I 102

Var.ij

...!

100

Ask.

13*90,

1916

8%i Covington. Ky.—7-30s, long

.

j
j

M&N I 124 j 125
I
Os, 1894
J&JI
113 | 114 ! Memphis, Teuu.—Gs, C
Bangor. Me.—6s. RR..1890-’94.
J&J
£
6s, water, 1905
J&J11 118 I 121 j Gs, A & B
J&J
6s, E.& N.A. Railroad, 1894..J&Jtj 113 ; 114 i
Os, gold, fund., 1900
M&N
6s. B. & Piscataquis RR..’99.A&Ot! 113
i 115
Gs, end., M. & C. RR
Bath, Me.—6s, railroad aid
Varl! 102 i 102 *4
Os, consols
,.J&J
5s, 1897, municipal
| 101 j 102 i Milwaukee, Wis.—5s, 1391—J & D
Belfast. Mo.—6s, railroad aid, ’98.. tj 101*2;
'is, 1890-1901...
Var.
Boston,Mass.—Gs,cur,long,1905Varf! 125 ; 127
7s, water, 1902...
J&J
124
i 125
Os, currency, 1894
I
Var.j
119
5s, gold, 1905
Var.ij 117
Montgomery, Ala.—New 3s ..J & J
J&Ji 105 *2 106 *21
4s, currency, 1899
5s, hew
no
: Nashville, Teim.—Os, old
Brooklyn, N.Y.—7s, ’81-83
J & Jl 103
120
7s, 1883-95
...J & Jj 110
Os, new
7s, Park, 1915-18
J & Ji 140 | 143 :
139
i
142
J,
76, Water, 1903
J &
7s, loug<,
...Var.l
142
7s, Bridge, 1915
J & Ji 140
7s, water, long
Var.l
119
:
Os, Water, 1899-1909
J & J;
124
I New Bedford,Mass.—Os, 1909. A&Oi
120
J & J|
130
Os, Park, 1900-1924
5s, 1900, Water Loan
A.&O
Kings Co. 7s, 1882-’89
M & N! 100 : 114 i N. Brunswick, N. J.'—7s
i
do
I
Gs, lS80-’80
M&N; 103 ! 115 !
Os
Buflalo. N. Y.—7s, 1830-’95
Var.l 102 I 110
Newburyport, Mass.—Os, 1890. J&JI
7s, water, long
Var.t i 115 ! 120 1 New Orleans, La.-— Premium bonds
Gs, Park, 1920
M&SL 103 ; 112
j Consolidated Os, 1892
Var
Cambridge, Mass-.—5s, 1889...A&Oi | 109 ! 11 L
Newport—Water bonds
121
!
N.
123
Os, 1394-90. water loan
J&JI,
Y.City--5s, water stock,’90.Q—F!
Os, 190 4, city bonds
127
J&J
1883-90
Os,
do
Q—F

5s.

.

Hudson County, Os
A&O
do
7s.M&S and J&D LOS
Bayonne City, 7s, long
J&J L08
108*2’ Lawrence, Mass.—6s, 189 4...A& Oi 120
112
i
Long LslandCity, N.Y—Water,7s,’95 105
115
! Louisville, Ky.—7s, longdates. Var.l 119.
112
7s, short dates
Var.l Ill
113
6s, long..
Var.l 109
119
6s, short
Var.l 103
119
102
117*2 Lowell, Mass.—Os,
W. L.M&NI L19
120 ; Lynchburg, Va.—6s
J & J 1071*2
120
! 8s
J&J 125
118
Lynn, Mass.—6s, 1887
F&A I no
Water loan, 6s, 189-1-90
J&J 120

110
112
103

Various

4*i>s, city bonds, 1900
1

7
8

Price nominal; no late transactions.




J&J*

—

5s, cur., reg., 1877-’82
F&A
5s, new, reg., 1892-1902
F&A 118
6s. 10-15, reg., 1877-’82
F&A
Gs, 15-25, reg., 1882-’92
F & A
Rhode Isl’d—Os, 1393-9, coup.. J &J 115

South Carolina—6s, Act of March ?
23,1869. Non-fundable, IS28.. )
Browne consols
Tennessee—Os, old, 1390-98 ..J&J
Os, new bonds, 1892 1900 ..J&J
6s, new series, 1914
J & J
Past-due coupous
Texas—Os, 1892
M &SI
7s, gold, 1892-1910
M&Si
7s, gold, 1904
J &jf
Vermont—Os, 1890
J & D
Virginia—6s, old, 1880-’95
J & J
6s, new bouds, 1830-1895...J & J
6s, consol., 1905
J & J
6s,
do
ex-coup., 1905...J & J

J&J*

Allegheny Co., 5s

I 82 i
Chelsea, Mass.—Os, ’97,water l.F&Atj 120*2 120 V

1

J & J 102*4
J&J 112*2

6s,1880

Wharf 7s, 1880

4s. nou-taxablc

_

J & J
A&O

A & 0
...J & J

SECURITIES.

Charleston, 8.0.—Os,st’k,’70-98..Q-jj
7s, lire loan bonds, 1890
J & Jj /O
! 105
7s, 11011-tax bonds

95
•*

A&O
J & J
A&O

6a, Funding act of I860 I960 J&J
6s,
do
180S,1893A&0
68, new bonds, 1892-3
J&J
6s,
do
A&O
6s, Chatham RR
A&O
6s, special tax, class 1,1898-9A&O
6s,
do
class 2
A & O

CITS

Hartford Town 4*2S, untax...
1
Haverhill, Mass.—Os,’85-89.. A&Ot
Houston, Tex.—10s
Os, funded
Indianapolis, Ind.-7-30s,’93-99. J&J
Jersey City—Os, water, long, 1895..
7s, water, 1899-1902
..J & J
7s, improvement, 1891-’n4....Var.
7s, Bergen, long
.J & J
—

125

6s, exempt, 1890

6s, old

Tax-receivable coupons

....

12

J&J '115

Kansas—7s, long

new

Baltimore—6s, City Hall, 1884 Q—J
6s, Pitts. & Con’v. RR.,1886.. J&J 112*2
6s, consol., 1890
Q—J 1174i
6s, Balt. & O. loan, 1890
Q—J 117%
6s, Park, 1890
Q-M no
Gs, bounty, 1893
M& 8 117
6s,
do
exempt, 1893... M&S 122
os, funding, 1894
M&N 117
6s, 1900
J&J 121
6s, West. Md. RR., 1902
J&J 126
5s, consol, 1885
Q—.Jj 104
6s, Valley RR., 1886
A & O! 112*2

75

*

10-4-Os,

Bid.

Galveston, Tex.—10s, ’80-’95 ..Var.
Galvest’n County,10s. 1901.J & J 102
Hartford, Ct.—City Os, var. dates..' 104
Capitol, untax, Os
1 121

45

J&J

Austin, Texas—10s

74*2

small

City Securities.

6s, deferred bonds

Augusta, Ga—7s.

SECURITIES.

6s, 10-20, 1900
Arkansas—6s, funded,
7fl, L. R. & Ft. 8. issue, 1900. A
7s, Memphis & L. R., 1899..A
7s, L. R. P.B.&N.O., 1900 .A
7s,Miss.O. & R. Riv., 1900..A
7s, Ark. Central RR., 1900. A
J
7s, Levee of 1871, 1900
California—6s, 1874
Connecticut—6s, 1883-4-5

6s, consol., 2d series

i Augusta, Me.—Gs, 1887, mun..F&At

*

do

Asl

Virginia—(Continued)-

Atlanta, Ga.—7s

FOREIGN GOV. SECURITY.
Quebec-Ss. 1908
M&N
STATE

Bid.

Do.
8s
Waterworks

Alabama—Class “A,” 2 to 5,1906...

discovered iu these Quotations.

Albany, N. Y.—6s, long—Various!
7s long
r
j Allegheny, Fa.—4s
J&J
!
6s, 1876-90
J&J*

129
130
131
L32
134

J&J
J&.l
J&J
J&J
J&J

reg

reg

any error

State Securities.

UNITED STATES BONDS.
6s 1881,continued at 3 ki.reg
J&J I037s 104
5s, funded, 1881reg...Q—F 101*4
5s, funded, 1881
coup...Q—F 104*4 10438
4*as, 1891
reg.. Q—M 11538 115*2!
4*38, 1891
coup.. Q—-M 11538 115*2
4s, 190/.
reg...Q—J 117*6 1173b
4s, 1907
coup.. .Q—J 118*4 1183a

6s,
6s,
6s,
6s,
6s>

by giving notice of

Joseph, Mo.—7s
Var.
Bridge 10s, 1891
J & J
St. Louis, Mo.—Os, short
Var.t
Water 6s, gold, 1890
J & Di
do
do (new). 1392. A & O
Bridge approach, 6s
Renewal, gold, 63
Var
Sewer. 6s, gold, 1891 -’93
Var
3t.

In London.

116

121*4 121%
117
115
125
116
117*2
117
130
L27
103
106
114
113
135
130
107
105

99*4
89
90
103
111
112
112
112
112

*99%

114

GENERAL QUOTATIONS OF

City

Mo—(Continued).—
117*2
Os, g.,1905. A
no
Currency, 7s, 1887-’88
Var. 102
St. Paul, Minn.— Gs, ’88-’90.. J & E 110
7s, 1890
M&N 115
Var f 122
8s, 1889-96
Salem, Mass.—6s, long, W. L.. A&O 1113
J&J 100
5s, 1904, \V. L
8. Francisco—7s, g.,Cit.y & Co. .Var.
87
Savannah funded 5s. consols
1107
Somerville, Mass.—5s, 1895..A&O 1107
A&O
7s, 1903, water loan
A&O
Toledo, 0.-7-308, HR., 1900.M & N
8s
Var.
8s, water, 1893 & ’94
Var.
Washington, D.C.—See Dist. of Col.
Worcester,
5s, 1905

1128
1112
1113

.

115
125
115
103
90
no
108

125
130

1118
105
115
118
1117
115
113
106*2 109
120
1115

A
A
Y.—Water. 1903...

RAILROAD RONDS.

100
Ala. Cent.—1st M., Gs, 1918
J&J 47*2 52*2 Chic. B. &
J&J
Income Gs, 1918
^..J&J ’113
Consol, mort., 7s, 1903
J&J
115
Al«a. Gt. Southern— 1st mort., 1908 114
Bonds, 58, 1895
J&D
Alb’y & Susq.—1st M., 7s, ’88.
5s, 1901..
A&O
109
109*4
A&O
2d mortgage, 7s, 1885
Bur. & Mo. R., I’d M., 7s.’93.A&0
126
Consol, mort., 7s, 1906,guar.A&O 126
do
Conv. 8s.’94 ser.J&J
Allegh. Val.—Gen. M., 7 3-10s. .J&J
Bur.& Mo.(Neb.), 1st,6s,1918. J&J
East, exten. M., 7s, 1910
A&O
do
8s, conv., 1833.J&J
56*2
Income, 7s, end., 1894
A&O 120
do
Cons, 6s, 11011-ex.. J&J
121

Atch’n & Neb—1st, 7s, 1907.. M&S 101
Atch.& Pike’s Peak—lst,7s, g.M&N 1124

Top.& S.F.—1st, 7s, g.,’99. J&J 1122
Land grant, 7s, g., 1902
A&O 1144

Atch.

1903, conv. A&O
J&J
Guaranteed 7s, 1909-. J&J&A&O

Land income, 8s

5s, 1900
58, plain bonds, 1920
Florence & El Dor’do, 1st.7s. A&O

K.C.Topeka&W., 1st M.,7s,g.J&J
do
income 7s!A&0
N.Mex.&So.Pac.,lst,7s,1909 A&O
Pleas’t, Ilill & De Soto, lst.7s,1907
Pueb’.o & Ark. V., 1st, 7s, g.,1903.

Wickita&S.W.,lst,7s,g.,gua..l902
Atlanta & Charlotte Air L., 1st, 7s

i 105

130*2

123
145
106

Quincy& Wars’w,

98
109

M&S 1115

1

in

1

Mil. & St. P., 2d M.,7s,

117
121
125

j

La. C\. 1st M., 7s, 1893
J&J
I. & M., 1st M., 7s, 1397
T&J
I’a. & Dak., 1st M., 7s, 1899. J&J
Hast. & Dak., 1st M..7s, 1910.J&J

;

•

—

130
—

......

129
129
121
......

......

Buff.N. Y.& Phil.—1st, 6s,g.,’96. J&J
2d mortgage, 7s, g
,..
Bur. C.

R.&N.—lst.5s,new,’06.J&;D

do
Camden
„

end C. Pac., ’89.J&J
C. P.), 6s, 1905. J&J

do

3s, 1905. J&J

& Atl.—1st,7s, g.,’93..J&J
Cam.& Bur. Co.—1st M., 6s,’97.F&A
Canada So.—1st M., guar. ,1908,J &J

1897,7s

..

2d mort., 8s
N.O. Jaek.&Gt. N.,lst.,Ss,*86 J&J
do
2d M.,8S,'90,ctfs. A&O
do
2d mort. debt
A&O
do

j

103
100
55

j

Chic.St.P.Min.&Om.—Con. 6s, 1930
i

103% 103*2

Ch.St.P.& Minn.

lst,6s,1918M&N

Paul&S.City, 1st 6s,1919.A&O
102
95
j
Carolina Cent.—1st, 6s,g.,1923. J&J
Chic. & Tomali.—Scrip, all paid
Catawissa— 1st M.,7s, 1882..F&A
£ SO paid.
i
New mort., 7s, 1900
F&A
Cin.
Ham.
&
Dayt.—2d,
7s, ’85 J&J
115*2
Cedar F. & Min.—1st, 7s, 1907. J&J
Consol, mort., 7s, 1905
A&O
Cedar R. & Mo.—1st, 7s, ’91.. .F&A 1118^2 120 !
iln
6s.
1905.
A&O
1st mort,, 7s, 1916
M&N H23 123*^: Cin. H. & I., 1st M., 7s, 1903.J&J
106
Cent. Br. U. Pac.. lets. 6s, ’95.M&N
Cin. I. St. L. & Chic.—Con. Gs, 1920
Iand. coupon 7s, 1895
MAN 107
Cin.& Indiana, 1st M.,7s,’92.J&D
106*4'
Atch’n Col. A; P. lsts, 6s, 1905 Q 105
do
2d M.. 7s,’82-87. J&J
1
Atch.Jew’l Co.& W. lsts,6s,1905 Q 103*2 105
Indianapolis C. & L., 7s of ’97.. .
125
Cent, of Ga.—1st. cons., 7s, ’93. J&J 120

M.,Gs,’8G.A&0

Det. L. & North.—1st,7s,1907. A&O
Dub. & I)ak.—1st M., os, 1919. J&J

j

106%
109%

1118*2

119
113

i 16

ioi

Dubuqiie& Sioux C.—lst^s.’SJ.J&J
1st mort., 2d Div., 1894
J&J
Dunk. A.V.& P.—1 st,7s,g.. 1890J&D

132
131

110
100

no

East Penn.—1st M., 7s, 1388..M&S
120
i'22*
129*2 E.Tenn. Va.& Ga.—1st, 7s,1900. J&J 102
E. Tenn. & Ga.. lst,Gs,’80-8G.J&J
j
104
107
E.Teim.& Va.,end.,6s, 1836.M&N 1L09%
no
Eastern, Mass.— 4*2S, g.,1906.M&S
107
U05
Sterling debs., 6s, g., 1906..M&S
130
Elmira& W’mspt—1st, 6s,1910. J&7 100
131
......

......

1

io’i

7s, ’82. J&J

Equipment, 7s, 1890

A&O

M&N

L0*2

Evansv. &

j
i

133*2 135 j
112*2
112*2
124*2
124% 126
111
112%
......

......

......

2d mort., 7s
Ft. Madison & N. W., 1 st

103*2

......

Ft.W.

......

....

125

129

127
126

L32
......

Hoiist.&Tcx.Ceu.—1st M.,7s,g’d,’91

West. Div., 1st, 7s, g., 1891..J&J
!
Waco &N. W., 1st. 7s.g.,1903. J&J
A&O
1 Cons, mort., 8s, 1912
I
Waco & N., 8s, 1915
......
1
* Hunt. & Br.Top—1st, 7s, ’90..A&O
i
2d mort., 7s, g., 1895
F&A
i
Cons 3d M. 7s. 1895
A&O
[11. Cent.—1st M.Chic.& Spr.’98J&J
1

i L 2 *4
115

1105

1116*2

J&J i i‘i

.

Housatonic—1st M., 7s, 1885.F&A
(Ioust. E. & W. Tex.—1st, 7s, 1898.

j

65
......

105% 106*2
87
84

Hannibal & Nap —1st, 7s, ’83.M&N
Han. & St. Jo.—Conv. 8s, 1885.M&S
Kans. C. & Cain., 1st, 10s.’92. J&J

106*2

85

107 "

l.g., g’d, 7s, g.
1st M.,7s, l.g., gold,not guar. A&O
Ex land grant, 1st 7s, ’99

108
116
120
120
122

103
104
107
116
127

1st La Grange, ex 6s, 1910. F&A
2d
do
7s, 1904 J&D
Gal. Hous. & IT.—1 st, 7s, g.,1902. J&J

Gr.Rap. & Ind.—1st,

110

+

1 10 >*2
o5

113

Frankfort &

Georgia—7s, 1876-96

j1

1113

7s. g , 19 ).»

M1111.&C.—1st, 7s, g.,’89. A&O

6s

.....

no
9 >
103

J&J

Kokomo—1st, 7s, 1908
Gal.Har.&S.A.—1st,6s,g. 1910. F&A

-

......

113
100
113
105
112
116
117
115
106
113

1101

Crawf.—1st, 7s, *87. J&J f. 103*2
Evansv.T.H.&Chi.—1st, 7s, g.M&N J 106
Fitchburg— 5s, 1899
166
1L5
6s, 1898
A&O L30
*
7s. 1894.......
A&Oi! no
Flint & P.Marq.— 1st m.,l.g.SsM&Nl!
112
Mortg. 6s, 1920
A&O' 105
Flint & Holly, 1st, 10s. ’83.M&N
100
BayC.& E. Sag.—1st, 10s.,32.J&J 1 lO
Holly W. & M.—1st, 8s, 1901.J&J
60
Flushing & N. S.—1st, 7, ’83. -M &X

I

112
105

A&O

5s. perpetual
Erie & Pittsb.—1st M.,
Cons, mort,, 7s, 1898

102*2 103*2
100*2 101*2

Land grant, inc., 6s, 1S93M&.N
North Wise., 1st 6s, 1930
J&J
St.

Det.&Pontiac, 1st

f

116

...

J&D
Ten. lien, 7s, 1897
M&N
Miss. Cen., 1st M.,7s,’74-84 M&N

10 L *2 102*2

100

Det.G.Haven&Mil.—Equip.6s, 1918 +117
[112
| Con. M., 5% till’84, after 6*.: 1918 100

111

J&J
Chic.&S.W..l3t,7s,guar.,’99.M&Nj t

Chic. St. L.&N.O.—1st cou.
2d mort 6s, 1907

50
Bur.&Southw.—1st M., 8s,’95.M&N
Cairo & St.L.—1st M., 7s, 1901. A&O
Cahfor. Pac.-lst M.,7s, g.,’89. J&J 1103
2d M.. 6s, g.,
Jd M. (guar.

Chic.R.I.&Pac.—Os, 1917,coup. J&J
6s, 1917, reg

62
37

1

LOO

110*2

Chic. & Mil., 1st M., 7s, ’93..J&J
Chic. Pek.&S.W. 1st, 8S.1901.F&A
(

117*4

.

130

.

>

118
112

....

.

129
L08
100

...

Boston & Maine—7s. 1893-94. J&J 1127*2 128
127
Bost. & Providence—7s, 1893. J&J 1126
Bost.& Revere B’li—1st,6s,’97. J&J 116*2 117
81
79
Brooklyn Elevated—Bonds
no
Buff.Brad.& P.—Gen.M.7s,’96.,I&J 100
129
Buff.N. Y.&Erie—1st. 7s. 1916.J&D 125

108

t95
100

118
125

......

1881.A&O

Sterling, Gs, 1895
-.
1
Sterling mort., Gs, g., 1902..M&S ;ii9
i
do
Gs, g., 1910. M&N ! 123
j
Br.,
1919...A&O
Parkersburg
6s,
Chic. & Mil., 1st M.,7s, 1903.J&J
116
’Ill
Balt. & Pot’c—1st, Gs, g„ 1911. J&J
1st mort,, consol.. 7s, 1905..J&J
116
[114
|
1st, tunnel, Gs, g.,g’d, 1911. A&O
1st M., I. & D. Ext,, 7s, 190SJ&J
Bclvidere Del.—lst,6s,c.,1902. J&I) 117
i
1st M.,6s, S’thwest Div.1909J&J
106
2d mort., Gs, 1885
M&S 105
!
1st M., 5s. La C. & Dav 1910J&J
3d mort., Gs, 1887
F&A
So. Minn. 1st Gs. 1910
J&J
Boston & Albany—7s, 1892-5.F&A 1127*2 128
Chic. & Pac. Div. Gs, 1910.
I
Gs, 1895
J&J 1117*2 118
do
West. Div., 5s, 1921. J&J
103
Bost.Cliut.& F
1stM..,6s, ’84,J&J 102
Mineral Pt. Div., 5s, 1910...J&J
1st M., 7s, 1889-90
J&J, 1 109
i Cliic.&N.W—Sink.r.,l8t,7s,’85 F&A
N. Bedford RR., 7s, 1894....J&J 1110
Interest mort., 7s, 1883
M&N
102
i
F&A
Equipment, 6s, 1835
Consol, mort., 7s, 1915
Q—F
93*4!
Fram gham& Lowell—1st, 5s, ’i)l 193
Exten. mort., 7s, 1885
F&A
Notes, 8s, 1883
’
1st mort., 7s, 1885
F&A
107*2
Bost, Cone.& Mon. —S. F., 6s,’89. J&J 107
ns
Consol., gold, 7s, cp., 1902..J&D
Consol, mort., 7s, 1893
A&O 1116
do
do
reg
82
81
Bost. Hart.& E.—1st, 7s, 1900. J&J
Sinking fund, Gs, ’79, 1929. A&O
1st mort., 7s, guar
J&J
do
do
reg
129
Boston & Lowell—7s, ’92
A&O 1125
Iowa Mid., 1st M., Ss, 1900. A&O
113
J&J fill
Gs, 1896
Gal. & Chic, ext., 1st, 7s,’82.F&A
New 5s, 1899
J&J 104*2 105
Peninsula, 1st, conv., 7s,’98.M&S
......

114
104

Delaware—Mort., Gs, guar.,’95. J&J
Del.&Bound B’k—1st, 7s,1905F&A 118
Del.Lack.& W.—Conv.7s,1892^ J&D 125
M&S
iTs*2 Mort. 7s. 1907
119*2 120
Den.& Rio G.—1st, 7s, g.. L900.M&N
125
119% 119*2
J&J 110*2
1st consol, mort., 7s, 1900
113*2
110%
Deuv.S.P.& Pac.—1st,7s,1905 M&N
66*2 71
106
Des
M.
&
Ft.
D.—1st,
Gs,
1904.
J&J
10 L
100
77
80
1st inc., Gs, 1904
110 .
108
ICO
Detroit & Bay C.—1st,8s,1902.M&N
111
103
1112
iii%
1st M., Ss, end. M. C., 1902.M&N
106*2 109

117
123
118
123
118

P. D., 2d M., 7 3-10s, 1893..F&A
St, P.&Chie., 7s, g., 1902....J&J

99
no

118
114

*

1105*2 105%

ist, 8s, ’90.J&J

125
125
78

Danb’y & Norwalk—7s, ’80-92. .J&J 1100
Dayton & Mich.—1st M., 7s, ’81. J&J 1
2d mort., 7s, 1887
i.M&S t
3d mort., 7s, 1888
A&O no
Dayt. & West.—1st M.,6s, 1905.J&J
1st mort., 7s, 1905
J&J

104

103
1165
HLGhj 117
163
165

120

1885..A&O
J&D ;no

,

......

118*2 119

do
Om.&S.W.,lst,8s,J&D
Dixon P00.& H..lst, 8s,’74-89J&J
Ott. Osw.& Fox R., M.,8s,’90.J&J

124*2

135

115
1109
1
1117
1
58
35

2d Gs. 1888
M&N
Cuinberl.Val.—1st M.,8s,1904. A&O
Dakota Southern—7s. gold,’94,F&A

ill

104

Neb. RR, 1st,7s,A&O

••••••

Connecting (Pliila.)—1st, Gs ..M&S
Cumberl’d & Penn—1st 6s,’91. M&S

,

120*2 Chic. & Can. So.—1st, 7s, 1902 A&C
Chic.CMn.Dub & Minn.—7s,’84 F&A
10334 104
99*2
7s, 1910
J&J
99
111
1 Chic. & East Ill.—Skg. fd., cur. 1907
110
Income bonds. 1907
122
1120
t
Chic. & Gr. Trunk—1st mort.. 1900
113*2 115
95
119*4 11934 Cliic. & Iowa—2d M., 8s, 1901.J&J
1114
111*0 112*2 Chic. I’a& Neb.—1stM.,7s,’92F&A.
1114
1120*2 121 ~j Chic.& Mich. L.Sh.—1st, 8s,’89.M&S
.
116
Chic.
Mil.
&
St.
Paul—
1114
|
HU
5137
115*2
"* *1 117 ! Pac. Div., 1st, M., 8s, 1898. F&A

Income, Gs

Baltimore & Ohio—6s,
Sterling, os, 1927

d6

Col. Springf.&C.—1st, 7s,1901.M&S
Col. & Toledo—1st mort. bonds
2d mort
Col. & Xenia—1st M., 7s,1890.M&S
Conu. & Passump.—M., 7s, ’93. A&O
Massawippi, g., Gs, gold,’89 J&J
Conn. Val.—1st M., 7s, 1901...J&J
Conn. West.—1st M., 7s, 1900. J&J

120

1102

.J&J

2d mort., 7s, g.,

Ask.

•

116

110

Q.—1st,S.F.,8s,’83!

•

.

•

122

’120

Sterling mort., 6s, g., 1903..J&J 105
Income, 7s, 1883
A&O
Bds. Kan. O. line,6s,g.,1 903.M&N 113
Miss.Riv.Bridge, lst.,s.f.,6s,1912
Joliet & Chic., 1st M., 8s,’82 J&J
119
Louis’a& Mo.R., 1st, 7s,1900F&A
112
do
2d, 78 1900 M&N
St.L.Jacks’v.&C., lst,7s,’94.A&0 118
do
1st guar.(564),7s,’94 A&O 115
do 2d M. (360), 7s, ’93.. J&J 105
do 2d guar.( 183) 7s,’93 J&J 105

■

95

Mass.—6s, 1892...A&O

4s, 1905
Yonkers. N.

107

f 122

Wilmington, N.C.—6s
8s, gold, cou. on

Bid.

Railroad Bonds.

Ask.

113*2 114*2 Clev.&M. Val.—1st, 7s. g., ’93.F&A
S. F. 2d mort., 7s, 1870
M&S
116% 117*2
Clev. & Pitts.—4th M., Gs, 1892.J&J 112*2
106
Consol. S. F., 7s, 1900
M&N 125
S. Joaquin, 1 st M.,6s, g.1900. A&O 110
C.C.& I.C.—1st cous.,7s, 1908. A&O 125
109
Cal. & Oregon, 1st, 6s, g.,’88.J&J
2d mort., 7s, 1909
112
F&A
Cal.&Or. C P.honds 6s,g.,’92 J&J ’110
Trust Co. cert., 1st, ass’d
107
Land grant M., 6s, g., 1890. A&O 106*4
do
do
supplementary..
113*2
West. Pacif., 1st, 6s, g., ’99. .J&J
77*2
Income 7s, 1890
115
112
Chari’to Col.&A.—Cons.,7s,’95.J&J
*100
Chic. & Gt. East., 1st, 7s,’93-’95.
104
103
2d mort., 7s, 1910
*115
J&J
Col.& Ind. C., 1st M., 7s, 1904.J&J
Choraw & Dari.—1st M.,Ss,’88.A&0 116
do
2d M., 7s, 1904.M&N *103
10G
2d mort., 7s
*110
Un.& Logansp.,lst,7s, 1905.A&O
dies. & Ohio—Pur. money fd-,1898
*101
T. Logansp. & B., 7s, 1884..F&A
Series A
*100
Cin.
&
Chic.
A.
L.,
188G-’90.
90% 90%
105
6s, gold, series B, int. def. 1908..
Gs
Columbia
&
Green.,
1st
0ti*4
6s, currency, int, deferred 1918
1112*2
Col.
&
Hock.V.—1st
’97.
M.,
7s,
A&O
Cheshire—Gs, 1896-98 ........ .J&J 1 109*2 109%
2d M., 7s. 1892
J&J 1105
Chic. & Alton—1st M., 7s, ’93 J&J 123

1108*2 no

1905..A&O

Bid.

Cent. Ohio—1st M., 6s, 1890..M&S
Cent. Pacific—1st, 6s, g.,’95-98.J&J
State Aid, 7s, g., 1884
J&J

6t. Louis,
St. L. Co.—Park,

Springfield, Mass.—6s,

Quotations.

Head of First Page of

Railroad Bonds.

Ask.

Bid.

Securities.

(3s, 1885
0%s, 1884

STOCKS AND BONDS—Continued.

Explanations See Notes at

For

605

CHRONICLE.

THE

1881.]

4,

June

114*

115
112

122

101*2

ids
123

i‘ii»2 112**4
123

124

ioi ’ 106*
116*2 ns

113% 114
116

i3i

lid
4 i 14
107
[105
Sterling, S. F., 5s, g., 1903..A&O
106*4
147
:ii5
1895.
A&O
Sterling,
gen.
M.,6s,
g.,
1112
i
108
do
5s, 1905
J&D [106
1107
118
117
III.
Tr.—1st
M..
8s.
’90.A&O
Grand
J
1112
124
1900J&J
Ind.
B1.&
W.—1st,
pf.,7s,
109*2!
109
96
95
Ind’apolis & Cin., 1st, 7s,’33. A&O
Macon & Aug., 2d,end.,7s,’79. J&J 100
1st, 3s, 4s, 5s & 6s, 1909. ..A&O
83*2 83
Cin. Laf.&Ch.—1st, 7s,g.,1901.M&S
Cent. Iowa—New 1st., 7s ’99. J&J 117%
2d
3s,
5s,
6s,
1909.
A&O
M.,
4s,
&
110
1103
107
Ciu. Rich. &Chic.—1st, 7s, ’95. J&J
92
Inc. bonds,“ debt certs.”, 7s,A&O
Income, 1919
106
1104
107
Cin.
Rich.
&
F.
W.—1st,
7s,
g...J&D
122*2
121*4
Central of N. J.—1st M.,7s,’90.F&A
104
In’polis D.& Sp’d—lst,7s,1906 A&J
1102
76*4 79
Cin. Sand’ky & Cl.—Gs, 1900..F&A
117
2d mort., income, 19()6
T&J 105
/s, cotiv, 1902, assented. ...M&N
104
1103
112
i
19
7s,
1887
extended
M&S
Consol.M.,7s,1899, assented.Q—J
106
I00*2j Ind’polis& St.L.—1st,7s, 1919.Var. 70
80
Consol, mort., 7s, 1890
J&D
112
A&O m
Adjustment bonds, 1903..,
116
——J 2d mort., 7s, 1900.
Cin.&Sp —7s, C.C.C.& I., 1901.A&0
Income bonds, 1903
! tnd’apolis& Vin.—1st, 7s,1908. F&A 102 1
M&N 103
116
7s, guar., L.S.& M.S., 1901.. A&O
Am. Dock & Imp. Co., 7s,’86 J&J 129
2d mort.. 6s, g., guar., 1900.M&N
124 |
112J*2
130*2 Clev. Col. C. & I.—1st, 7s, ’99.M&N
t Int. & Gt.NortU.—1st,6s,1919. M&N 100
125
do
assented
121
|
Consol,
mort.,
7s,
1914
J&D
98
Leli.& Wilkesb.Coul,inc.,’88.M&N
2d
mort.,
income,
8s,
1909...
115
1
101
Belief. & lud. M., 7s, 1899...J&J 111
111
j
income.
6s,
2d
assented
1903
Consol., 7s,gold,1900,ass’d.Q-M
mo

t

112

j

'

'

.....

,

......

’

_

.

| iio%

Price




nominal; no late transactions.

*

t The purchaser

also pays accrued interest.

[ In London.

606

THE CHRONICLE.

K.MC.SSotA

GENERAL
For

QUOTATIONS

Explanations
Bid.

Ask. !

Ionia & Lansing—1st 8s,’89. ..JAJ 115
Iowa City & West.—1 st ,7s. 1909AIAS!
I*a Falls & Sioux C.—1 st, 7s,’99 AM) Ultj
j
Ithaca A Athens.—1st in., 7s,g.JAJ

7s, ’87.. JAJ

M.AClarksvt’g,0.192

106
no
t 117
1 113

JAJ

Jeff. Alad.A Ind —1 st, 7s,1906. A AO
2d mort., 7s, 1910
J&Jj

Kansas C. Lawr. A So. 1st, 5s. 1909
Jos. A C.B.-M. 7s, 1907..JAJ
Kansas A Nebraska—1st mort
2d mort
KeokukA Des M.—lst.Ss, guar. A AO
L Erie A West.—1st, 6s,1919. FA A
Income, 7s, 1899
Sandusky Div., 6s, 1919 —FAA

110
r 123
85
40

income, 1920
Laf. Bl.A Mun.,lst, 6s, 1919.MAN
do
income, 7s, 1899.
Lake Shore A Mich. So.—
N.T., S.F.,lst, 7s,’85.MAN
Cleve. A Tol., 1st M.,7s, ’85.. JAJ
do
2d M., 7s, 1886. A AO

76

;

| 118

do

114

BONDS—Continued.

Page of Quotations..

87

45

1
82*2

j

112

| Nashua A Low.—6s,

-

....

......

......

..!

......

i

113

1

128

1*3*1

133*2

128

......

124*2
121*2

j

i.25

|

1

127
125
137

......

115
90
70
70
60

107
120

118

121

......

inert., 7s, 1915

i

i
1

......

N

96*2

'eoria Dec.A Ev.1st,6s,1920,J

97
66
52
56
117

Incomes, 1920

Evansville Div.,1st 6s,1920. Al AS
do

121*2

110

115

;i27*2

129
118

il 109
1103
109
99
108
120
119

91*4
514a
112
113

110

New 2d
1st

Phila. A

,

1883

j

j

97*2

7s, 1888

n com ft

West

111

119

111*2 j
110*2 !
104

111*2

j

124

121*2 122
111*0 112

92*4
52

99*4 100
98*4 98*4

!

+

i
.......

2d mort., 7s, 1896
(I

mort., 7s, 190.3
North Wise.—1st, 6s, 1930
*ii.

116

......

...
'

93

109*2

AIAN
.TAJ

JAJ
1.25

AIAS

119
110
115

2d mort., 8s, 1899

jNorth’n Cent.—2d mort.,6s,’85. JAJ
j 3d mort., 6s, 1900
AAO

Coal A I., guar. Al., 7s, ’92.. AIAS

......

112
120
117*2 120

88*2

129*2 130
113*2
91%
+95
{98

—

97
99

114

106*2

127**
125
139
131
111
......

Portl’ndAOgb’g— lst6s,g.,1900J A J

1

’95“

101%

ios

Vt. div., 1st AL, 6s, g.,1891..AIAN
Port Royal A Aug.—1st, 6s, ’99. JAJ
Income mort., 6s, 1899
JAJ

20
105
75

! Quincy AIo.A P.—1st, 6s, guar.,1909

103

106
30
no
82

106

_....

do

income, 1921

55*2

......

RomoWat’nAO.—S.F.,7s,1891. JAD

mi

JAJ
AAO

107

2d mort., 7s, 1892

Consol. mort.,.7s, 1904

56
114
109

96%
Rutland—1st AI.,.6s, 1902....AIAN 1102
103
Equipment, 2d mort, 5s
FAA
79
81
St. Joseph A Pacif.—1st mort
91
93
45
115
116

St.L. Alt AT. II.—1st AL, 7s, ’94. JAJ
2d mort, pref., 7s, 1894
FAA
2d income, 7s, 1894
AIAN
Div. bonds, 1894

106%
77*2

Bellev.AS.Ill..lst,S.F.8s,’96.AAO

St. Louis A I. Alt—1st, 7s. ’92,FAA
2d mort., 7s, g., 1897
AIAN
let 7s, inc., pf.int. accumulative.
2d 6s, inc., int accumulative
Ark. Br. 1. gr., AL, 7s, g., ’97.JAD
Cairo Ark. A T.,lst,7s,g.,’97.JAD
Cairo A Ful., lst,l.g.,7s,g.,’91*. JAJ
Gen. con. r’y A 1. g., 5s.1631 AAO

50
116
120

118

....«•

120
"

113*2 115
100
95
114

114*2

111*2

......

94
106
97
95

120
94

St.L.ASanF.—2d AI.,elassA,’06MAN
Con. mort., 6s, g., coup., 1900.JAJ
2d AI., class B, 1906
AIAN
98*2
6s, g., reg., 1900
AAO 115
do
class C, 1906
MAN
Alort.
bonds.,
1926
102
5s,
JAJ
Mem. A L.R’ck—lst,4s (8s after
105
South Pacific.—1st AI, 1888 .JAJ 109*2
Con. mort, stg. 6s, g., 1904.. .JAJ 116
119
Metrop’u Elev.—1st, 6s, 1908.
P. C. A O. 1st, 6s,
FAA
Northern, N.J.—1st M.,6s,’88.JAJ
2d 6s, 1899
A
Equipment 7s, 1895
JAD
North. Pac., P. D’O Div.—6s, AIAS. t
Michigan Central—
St.L. Vand.AT.H.—lstM.,7s,’97. JAJ 120
Bond certificates, 6s, 1921
102*2 104%
2d mort., 7s, 1898
AIAN
107
106*2 108
Gen’l 1. g., 1st, 6s. 1921
TAJ 104*2 1047g
Consol., 78, 1902
2d, 7s,guar., ’98
114
129*4 130
MAN no
Gen’l 1. g., 1st, 6s,
1st M. on Air Line, 8s,
— ....JAJ
St.P.Minn. A Alan—1st 78,1909 JAJ 113
1118
118*2 Norw’h AWorc’r—1streg
113*2
AL. 6s.’97.JAJ 117
Air Line, 1st M., 8s,
118
2d 6s, 1909
gi
115
117
AAO 107
Ogd’nsh’gAL.Ch.—lstM.6s,’98,JAJ
107*2 108
Dak. Ext, 6s. 1910
'83..
AIAN 105
S. F., 8s. 1890
AIAS 1103
106
St. P. A S. City—1st, 6s, 1919. AAO
<112*2 ii5
Consol, ,6s, 1920
102*2 103
Alort. on new lines
Income, 1920
68
G9
KalainazooAS.H.,lst,8s,’90.MAN 115 115*4 Ohio
Sandusky M.AN.—1st; 7s,1902. JAJ 1115 120
J.L. A Sag.ist,88’85,‘<wh.hds”JAJ
Cent.—1st,mort.,6s,1920, JAJ 106 1065q Savannah
Florida A West—
111*2
1111*4
Incomes,
1920
do
65
66
At, A Gulf, cons. 7s, 1897....JAJ 1110
NorthExt., 8s,’90.MAN 1109
111
112
1st Ter’l Trust. 6s, 1920
J. L. A Sag. Cons. M.,8s,’91.MAS
JAJ
105
1st mortgage, 7s
116
117
JAJ no
[OhioAAIiss.—Cons. S. F. 7s,’98. JAJ 121*2 123
Joliet A N.Ind.,lst,7s (guar.M.C.) t
S.Ga.A Fla., 1st AI. 7s, 1899, AIAN 112
115
Cons, mort., 7s, ’93
TAJ 121*2 123
Midland of N. J.—1st mort
Scioto Val.—1st M., 7s,
98
100
113
no
fund
2d mort., 7s, 1911
sink’g
AAO
126
Income, “A.”
2d mort.
20
21
90
100
1st mort.,Springf.Div., 1905 MAN 119
do
“B.”
">8 120
Consol. 7s
15
16
103
105
Ohio
A
W.
Mil. Lake Shore A West.—
Va.—lst,s.f.,7s,1910MAN 1108*2 110
Slieboyg’nA F-du-L.—lst,7s,’84JAl>
Old Colony—6s, 1897
FAA 1117
1st mort.. 6s, 1921
117*2
Sioux
C.
A
MAN 106*2 108*2
Pae., 1st M., 6s, ’98.JAJ
6 s, 1895
JAD 1116
117
1st, incomes
So. AN. Ala.—lst,8s,g.,end.’90.. JAJ
88
7s, 1895
Mil. A No.—1st, 1-5-68, 1910 JAD
AIAS 1127*2 128
So.
Carolina— 1st Al.,7s,’82-’88.JAJ 107
98
Or’geA Alex’ndria—lst,6s,’73M AN 125
130
Minneapolis A Duluth.—1st 7s
1st, sterl. mort, 5s,g.,’82-’88.JAJ 104
Oil tnnnf
ila
109
1Q7*
T.tfr T
U 11 lOl l.
1 *4^
O.ij 1o/»)
ij ix-tJ
Minn. A St. L—1st AL, 1927..JAD
122
Bds,7s,’02,2d M., unenjoined A AO 120 122
3d mort., 8s, 1873
MAN no
1st M., Iowa City A W., 1909. JAD
Bds., 7s, non-mort
81
AAO
79
4th mort., 8s, 1880
AIAS
65
1st mort., C. R. I. F. A N., 1920..
69
South Side, L.I.—lst,7,1887...AIAS 100
106
104*8
Or. Alex.A AL, 1st AI., 7s. ’82.JAJ
Miss.&Tenn.—1st AL, 8s, series “A” 134
101*2 105
So. Ceil. (N.Y.)—1st7s, 1899..FAA
99
92
Oreg. A Cal.—Frankfort Com.Ree. x 173*2 74*2
8s, series “B”
JAJ 119
So.Pac.,Cal.—1st.,Os,g.,1905-6. JAJ 106 106*2
121
Osw.ARome—1st AL, 7s, 1915.MAN 108
112
South westem(Ga.)—Con v.,7s, 1886
*
Price nominal; no late
transactions.
♦ The purchaser also
pays accrued interest.
J In London.
..

1

115
114
110

118
118
112
1033* 104
89*2 1

....

...

......

Equipment bonds, 8s,




__

......

.

j

....

*

•••••■

2d mort

115
106

104
105
103
120

109

j
i

113

90
108

....AIAN
Richm’d A Alleghen v—1st, 7s, 1920 1112*2 113“
Rieh’dADan.—Con.,6s,’78-90. MAN 103 109
General mort., 6s* gold
105
105*2
I
Piedmont Br., 8s, 1888.
AAO 112
116
Rich.Fred. A Potomac—6s, 1875...
Alort, 7s, 1881-90
JAJ 115
Rich. A Peters!)., 8s,’80-’36...AAO
New mort, 7s, 1915
AIAN 110
I Richmond York Riv. A
Clies., 8s... 115
il7
1
Roch. A Pitts., 1st, 6s. 1921... FA A 2
108

16*2!

+••••••

•

12 i"

1st, 7s, 1921, reg

bi *2*

96*4

Improvement mort., 6s, 1897
Gen’l mort., 6s, G. C., 1908.. JAJ
Now convertible, 7s, 1893...JAJ
G. s. f., $A£,0s,g.,1908, x
cps.JAJ
Scrip for 6 deferred *2 coupons

Ren.AS’toga—1st 7s,1921 eou.MAN

+30*2

N.Y.Prov.AB’n—Gen. 7s, 1899. JAJ 1125
Norfk AW.—Gen’l AI.,6s,1931 AIAN 105
Norf’k A Petersb 2d 8s ’93 .TA.T
South Side,Va.,1st, 8s,’84-’90.JAJ
do
2d M., 6s,’84-’90.JAJ
do
3d M.. 6s,’86-’90.JAJ

Gold mort., 6s, 1911

AAO
TAJ
JAD
JAD

New 7s,’9GFAA
Buft\Ch.L.APitt.lst,78.1909 AIAN
Oil Creek, 1st Al., 7s, 1882. ..AAO
Union A Titusv., 1st, 7s,1890. JAJ
Warren A Fr’kln, 1st, 7s,’96.FAA

i

{15*2

iNortheast.,S.C.—1st AI.,8s,’99,MAS

i

67

eertifs. 8s. 1876
.TA.T t
do
7s, guar. Erie i

Virginia A Term., AI.,6s, 1884. JAJ
do. 4th AI., 8s,1900. JAJ
iNorth Onrolinn—AI., 6s
iNorth Penn.—1st AL, 6s, 1835. JAJ
i

122

......

pvt

do

132*4

66%

6s, ’80. .JAJ

Debenture, 1893
Alort., 7s, coup., 1911

Pitts. Titusv.A B

119 I
52 *2!
20 1

90

-

130

Steubenv.A Ind., 1st., 6s,’84. Var.
106*4 Pittsh.AConTlsv.-lstAl.7s,’98. JAJ 1*2*6
l! Sterling cons. AL, 6s, g., guar.JAJ {123
100*2 Pittsb.Ft.W.A C.—1st, 7s, 1912.JAJ
I
2d mort., 7s, 1912
TAJ 129
I
3d mort, 7s, 1912
AAO 125
|
Equipment, 8s, 1884
AIAS {109
!

*’*

bonds, 6s,

L’sed L.rental tr\st’73,Trus.cer.7s

123

......

104*2

H AP 1st 7s AAO
N.Y. Pa. A O.—1st inc.ac.,5-7s,1905
do
prior lien,ine,ae.,5-6s,’95
2d mort
3d mort

107*4
109*2

111

i io

110
132-

JAI)

-

ioo

50

Income mort., cons. 7s, ’96, JAD
Phila. Wil.ABalt.—6s,’92-1900AAG *112
5s, 1910
106
ittsb.C.A St.L.—1st, 7s, 1900. FAA
2d mort., 7s, 1913
AAO

101%

108*o 109*2

N Y N H AHart

107

“

128*2!

109

1977....
Lone Dock mort., 7s, 1893..JAD
I N.Y. A N.Eng.—1st
j
AI., 7s, 1905.TAJ
L07*2 1 1st 7nort., Os, 1905
..JAJ
!
60

105*2'

132

JAD
6s, 1969
fund coup.,7s. 1920 AIAS

1

112

132

MAS

Reading—1st,

2d mort., 7s, 1893

105
105

cons.

con 4.

Gohli

114

Mass.

7s

5th mort

123*2
104*2

{HO

mort

-

129
108
85

8unburyAErje, 1st AI.,7s.’97.AAO

112
104

110

.....

120
125
’hila. A Erie—2d AI , 7s, 1888. JAJ
119%
Gen. AL. guar., 6s, g., 1920. .JAJ
{122
124

125

Y.AITarlem—7s,coup.,1900.MAN

income, 1920
J.—1st, 7s, ’94. JAJ

’erkiomen—1st Al., 6s, 1887.. AAO
’etersburg— 1st M., 8s,'79-98.J
2d mort., 8s, 1902
JAJ

113

107

,

’eoria Pekin A

134*2 137*2
118*2 120

7s, reg., 1900
AIAN
N.Y. L.E.A W.—1st,7s,’97,ext. AIAN
2d mort. exten., 5s, 1919 ...AIAS

124

62
70
Lin.A Dec.—1st,7s,1900 FAA
’enna.—Gen. AI.,6s,cp., 1910 Q—J {125
127
GenTmort., 6s, reg., 1910..AAO 126
Cons, mort., 6s, reg.,
1905..Q—Al U21 123
do
6s, coup., 1905..JAD
Penn. Co., 6s, reg., 1907
O.—J
do
1st M.,4i2s, 1921.JAJ ioo*’
do
1st mort., 4*2S,
reg

'enn.AN.Y.—lst.7s,’90A1900.JAD

40

19

100

{122

’arisADec’t’r—lstM.,7s,g.,’92.JAJ
•ekin

...

35

....

.TAD

Sinking fund sub., 6s, 1910.MAN
Danville—1st Al., 7s .1903.

Ask.

A

......

Nash v. A Decat’ r.—1 s t ,7s,1900. J A J 1
Natchez Jack. A Col.—1st, 7s. 1910
Nevada Coil—1st 6s, 1904
AAO 1105
Newark A X. Y.—1st, 7s, 1887.JAJ 105
New’kS’sotAS—1st, 7s, g.,’39.AIAN 111
NTmr>diAN Y
1 st M 7s 1888 TAJ
101*0
N. J. Southern—1st AI.,now 6s. JAJ
10578
N. O. Alob. A Tex.—Del).scrip. 1930
65
N. O. Pac.—1st, 6s, gold, 1920.JAJ 1**1 *4
N.Y. A Can.—£ AI.. 6s, g., 1904.AIAN 109
N.Y.C.A Hurl.—AI.,7s. cp.1903.JAJ 137
Mort., 7s, reg., 1903
JAJ 136
Subscription, 6s, 1883
AIAN
Sterling mort., 6s, g., 1903... JAJ +
N. Y. C., premium, 6s, 1883. AIAN
106
do
6s, 1887
.TAD 112
do
real cat., 6s. 1883..AIAN
105
Ilud. R., 2d AI., 7s., 1885
.TAD 112
N.Y.CitvA No. -Gen’l,6s, 1910MAN
96
N. Y. Elevated.—1st AI., 1906.JAJ 1175s
N. Y. A Greenw’d Lake.—1st AI., 6s
46*2

Md

Pensacola Div.,1st,6s,1920..MAS 107
St. Louis Div.. 1st, 6s, 1921.. MAS
112*2
do
2d., 3s ,1980.MAS
Nash. A Dec., 1st 7s, 1900...JAJ 119
E. H. A N., 1st 6s, 1919
JAD 106
Gen’l mort., 6s, 1930
TAJ
L’sv.N. A. A Chic.—1st,6s,1910.
108*2
Maine Cent.—Mort. 7s, 1898...
if 121
Exten. bonds, 6s, g., 1900... 1
11109
Cons. 7s, 1912
1
1117
1109

Central—1st, 6s, 1893.
Memphis A Charleston—1st consol.
1st,cons..Tenn. lien,7s, 1915

......

110
106
119

..

j
1

......

2d mort., 7s, 1918
Newtown A FI., 1st, 7s, 1891
N. Y. A Rockaway, 7s, 1901.AAO

3d mort., 8s, 1890
Scioto A Hock. Val., 1st, 7s..A
Balt. Short L., 1st, 7s, 1900..

......

—

X*ong Island—1st M., 7s, 1898.MAN

1st M..7s. ’91 FAA
Sterling, 1st M., 7s, g., 1891.1
2d mort., 7s, 1896
A

113

......

......

......

—

88*2

62
50

1st, Tenn. A Pac., 6s, 1917...JAJ
1st, McM. AI. W. A A. ,6s,l 917. J A J

i
......

1st mort., 6s, reg., 1898
TAD
2d mort., 7s, 1910
MAS
Gen. M., s. f., 6s, g., 1923
JAD {118
122
Delano Ld Co. bds, end.,7s,’92 J AJ
'Little Miami—1st AL,6s,1883.MAN 11103
L. RockA Ft.S.—lst.l.gr. ,7s ’95.JAJ
117*4 118
Little Schuylkill—1st, 7s, ’82. AAO

Portl’d A Ken., 1st, 6s, ’83.
do
Cons. M., 6s, ’9;

88

g., 1893.FAA 1110
5s 1900
103
-! Nashv.Ch.A St.L.—1st, 7s. 1913 JAJ 123

i

......

.Lehigli Val.—1st,6s,coup., ’98.JAD

1

Consol,

Bid.

’aris A

1

-

Railroad Bonds.

111*2 112
97%

debentures.

110*2
115
124
103
127

.

New .mortgage, 6s, 1927
Morris A Essex—1 st, 7s, 1 91 4- Af ArN
2d mort, 7s, 1891
FAA
81*2>
Bonds, 7s, 1900
JAJ
j

115

.Lawrence—1st mort., 7s,1895.FAA
Lehigh A Lack.—1st M.,7s, ’97.FAA

N. O. A Mobile. 1st 6s, 1930. JAJ j

4th*pref.

10778 108
81

AIAN

2d pref. debentures
3d pref. debentures

115

108*2

2d,'1892

Ask.

,

123*2

82

Cl. P. A Ash., new 7s, 1892.. A AO
Bull. A E., now bds, M.,7s,’98. A AO
Buff. A State L., 7s, 1882
TAJ
Dot. Mon. A Tol., 1st, 7s, 1906...
Jamest.A Frankl..lst,7s,’97.JAJ
do
2d M.,7s,’94. JAD
Kala mazoo Al. A G r. R., 1 s t, 8 s. ,T A J
Kal.A Schoolcraft, 1st, 8s.’87. JAJ
Kal.A Wli. Pigeon.1st. 7s,’90..JAJ
Dividend bonds, 7s, 1899...AAO
LB.AM. S., cous.,cp., 1st,7s. JAJ
do
cons.,reg.,lst,7s,1900.Q—J
do cons., cp., 2d,7s, 1903..JAD
do cons.,reg.,2d,7s,1903.JAD

Bid.

Mo.Pae.—1st mort.,6s,ghl,’88, FAA
Consol. 6s, 1920
AIAN
2d mort, 7s, 1891
JAJ
B
1
mort, 6s, g, ’93 AAO
3d mortgage, 7s, 1906
AIAN
Income, 7s, 1892
MAS
Mob. A Ala. Gr. Tr.—1st, 7s,
g’ld,’95
Mobile A O.—1st pref. debentures..
.

105

do

Smitht’n APt. Jeff, 7s, 1901. MAS
Lou’v.C.A Lex.—1st,7s,’97 JAJ (ex)
2d mort., 7s, 1907
.AAO
Louisville A Nashville—
Consol. 1st mort, 7s, 1898 ..AAO
2d mort., 7s, g., 1883
MAN
Cecilian Br., 7s, 1907
MAS
Louisville loan, 6s, ’86-’87..AAO
Leb. Br. Louisv. l’u, 6s, ’93.. AAO
Mem.A 0.,stl., M.,7s, g., 1901 JAD

Railroad Bonds.

Mo.K. A T.—Cons. ass.. 1904-6.FAA
Consolidated 6s, 1920
JAD
116*^
1st 6s
1899 (U. P S Br.)JAJ
2d mort., income, 1911
AAO
I Boonev’e B’ge,7s,guar, 1906.MAN
115
Han.
A C. AIo., 1st 7s, g.,’90.MAN
{

Junction RR. (Phil.)—1st,6s,’82 J&.I!
2d mort., 6s, 1900
A AO
K.C.Ft.ScottA G.—1st,7s,1908 JAD 113*4 114

Marietta A Cin

First

116

......

lstmort.,7s, 1889

STOCKS AND

XXXII.

1

Railroad Bonds.

Jefferson—Hawl’y Br.

OF

See Votes at Head of

[VOL.

June

Railroad

Explanations See Notes at Head of

128
108

•

Syr.Bing.&N. y—consol.7s,’06AAO
x - “
K.ls]05 M&B

T6CX„an8BoI.mok^;
goil. 1905. J&D
and land gr., res,■ lO.1.5-*1;1?

99

891q

Inc

t

1920.
J£ & Bur.-® 1st main, 6s, 1910

J*

To1D|o1b"Dayton div

6s. 1910
1910

1st Ter’l trust, Os..

do

&

Cam

uSwPac-l8tM..6sg.’96.’99xJ&J

SSBfS'Sf’l&S?.■?""."MdS
Oin.

Bridge, at-erl. 8s, g., ’96.A&0

CoUateral trnst,

Osi *1908*: .*.'

Kans.
do
d
do
do
do
do
do
do
do

do

115
113

Pac.,lst,08,g.,cp.ctfs.TAA
1st

M.,6s, g.,cp.ctfs. JAD

ist,R.&L.G.D’d,*99.M&N

L’d lRt M,7s,g.,’80.JAJ
Land 2d M.,7a, g-, 1886
Leav. Br., 7s,

’96..MAN

100

Tnc.,No.ll,7s, 191G.MAS
Inc.,No. 16,7s, 1916.M&S
MAN

1st cons. M.,6s, 1919

(?;1890. J&J

47*2

49

Mississquoi, 7s, 1891...----14
Vermont Cen.—1st M., / 8, 80.MAN
2
2d mort., 7s, 1891
47*2
Income extension 8s.-...-..MAN,
35
Stanstead 8. AC., / s, 1887 J A J
Verm’tA Mass.—1st M.,Os, 83. J A.) 1103

15
3
49
37
104

Yerin’t A Can.—M., 8s.

*■••

-.

Conv. 78,1885.

. ..

Vick.AMer.—lstM.,end., /s, 90.J AJ
2d mort, end., 7s, 1890..
J &J
Wabash—1st M.,ext., /s, 90,ex.FAA
Mort., 7s, 1879-1909
AAO
--..

2d mort., 7s,

ext. 1893, ex. .MAN

MAN

JAD

General mort., 6s, 1920
Chic. Div., 5s, 1910

Havana Div., Gs, 1910.......JAJ
Tol. P. A West., 1st 7s, 1917. . Q
do
1st pref. inc., conv
do
2d pref. inc

Cons, mort.,

7s,1907,con.,exQ—F

1st, St. L. div., 7s, 1889, ex.FAA
Gt. West., IB., 1st,7s, ’88,ex FAA

t

96%
61

30%
46
34

60%
143%
145
168

100

13 L%

100

141%

Pref., 7.100

Chicago A West Michigan

311*2

”60**

103

..

West’nPenn.—1st M., 6s, ’93 —AAO
Pitts. Br., 1st Mm 6s, ’96.....JAJ
Wheeling A L.Erie—1st, 6s, g., 1910
Wilm.Columbia A Augusta, 6s.....
Wil.A Weldon—8. F., 7s, g., ’96. JAJ

103

do

Det. Lansing
do
108
117
117
119

114*2
119

110*2

Lim., B,

J50
131
145
84

----

100

■rarKersburg Branch
100
Boston A Albany
100
Boat. Clint. Fitchb. A New Bed.100
do
do
Pref 100
Bost. Con. Ar. TVin-ntr+'a)

Pref., 6.-100

do

^

(
*

do

rio

prof

Prices nominal; no late




500
100

Flint A Pere
do

100
100
100

100

Marquette

do
Pref
Frankfort A Kokomo
50
deorgia Railroad A Bank’g Co. 100
Grand River Valley, guar., 5.. 100
Green Bay A Minnesota
Hannibal A St. Joseph
100

100
115
125

100
81
64
116
102
102

Pref., 7-100

do

Harrisburg P. Mt. J. A L.,

guar.,7.50

Highland (street), Boston
100
Houston A Texas Central
100
Huntingdon A Broad Top
50
do
do
Prof.-50

100

Illinois Central
Indiana Bloomington

90

146
62
9

100

100

Keokuk A Des

125
215

do

175
44
128

105%

i*0*6%

48

transacting,

Pref.... 100

Lehigh Valley

174
43
127

2%

100

Lake Erie A Western
100
Lake Shore A Mich. So—...... 100

175

106
162

Moines

Little Rock A Fort Smith...
Little Miami, leased, 8 guar
Little Schuylkill, leased, 7
Long Island

Louisiana A Mo.

Riv., Com

do

Louisville New Albany

162% Lynn
48

A Boston

(street)

Macon

A Augusta

Maine

Central

t The purchaser

50

100
50
50

5*6

250

50

pref

...100

Pref

Jo

Pref., 8. .100
100
I —100
100

Pref

Jo

.

Ohio Southern
Old Colony

’ ’ ”_io6

Oswego A Syracuse, guar., 9„
Panama
Paris A Decatur

99% Pennsylvania

100

Company

50i

do
Pref—
Peoria Decatur A Evansville ..100

*3*6% Philadelphia A Erie

50
50

Philadelphia A Reading

125
112

do
Pref., 7 .-...50
Phila. A Trenton, leased, 10... 100
Pliila. Wilmington A Balt
50

101
122
87
166
71
65
140

Pittsburgh Cincinnati A St. L...50
Pittsb. A Connellsville, leased.. .50

do
do
Pref
Pittsb. Ft. W. A Chic, guar., 7.100

Special, 7.100
Portsin.,rsed 6 100
Portsm’th Gt. Falls A Conway. lOo

do
Portland Saco A

100
100

127*4 Providence A Worcester
108% 103% Rensselaer A Saratoga

127

18
37
65
111
86

-50

.50
50

Pennsylvania Railroad

50

Republican Valley, deferred—.100
Richmond A Danville
100

*2*5

Richmond Fred. A P., common. 100
do
do
100
Guar. 7
Richmond A Petersburg
100
Richmond York River & Clies
Rochester A Pittsburg
,100
Rome Watertown A Ogdensb-100
190
ISO
100
53*4 53% Rutland
do
Pref., 7
100
93
92
60
St. Joseph A Western
'
50
St. Louis Alton A Terre Haute. 100
45
70
112
90

1

do ’
do
Pref. 100
Belleville A So. Ill., pref
100
St. Louis I.M’n A Southern
100
155
153
100
35*2 St. Louis A San Fran
35
do
100
Pref
98*2
98
do
1st pref.. 100
St. Paul A Duluth
100
190
185
do
Pref
100
St. Paul Minn. A Man
20
100
19
Scioto Valley
84
83
Seaboard A Roanoke.
100
115
114
do
Guar
100
South Boston (street)
50
136
134
92*4 92*4 South Carolina, assessing paid. 100
.100
^133s 13% Southwestern, Ga., guar., 7
Biugh’ton A N. Y
100
$23*8 23*2 SyracuseBranch,
Pa
50
14334 144*4 Summit
Terre Haute A Indianapolis
50
54
54

i*oo” no”

Uuiou Pacific
100
53
64*2 64*2 Vermont A Canada, leased...-100
Vermont A Mass., leased, 6
100
132 78 133
62*2 |Vicksburg A Meridian,
$62
86*2 I Wabash St. Louis
86
do.
do
Pref. 100
141*2 142
53

assented...
A Pacific
100

50 Ho-

100

Prof., guar..

3*4 Louisville A Nashville

108

90
150
64
IO

151*4 151%
112% 113%

A West., new
100
Texas A Pacific
International A Gt. Northern.. 100 **8*6” *8*6*2 Texas Central A St. Louis
Iowa Falls A Sioux City
100
Toledo Delphos A Burlington..106
145*4 Jeft’v. Mad. A Ind’p’s, l’sed. 7..100 133
100
Toledo Peoria A Warsaw
Joliet A Chicago, guar., 7
100 92
do
1st pref. 100
do
94
Kansas City Ft. Scott A Gulf ...100
do
do
2d pref.. 100
130
do
do
Pref. 100 128
131
26*4 26*4 United N. Jersey RR A C. Co..100
25
131

100

Boston Hartford A Erie
Boston A Lowell
Boston A Maine
Boston A New York Air L

Ga.100

Fitchburg
195

.100
50

Elmira A Williamsport, 5
50
do
Pref., 7..50
Erie A Pittsburg, guar., 7
50

ii*2*

114
122

Atlanta A Charlotte Air Line
Atchison A Great Western
Atl. A St. Law., leased, 6,
1129
Augusta A Savannah, leased.. .10 ) 115
Baltimore A Ohio
100 210
do
Pref., 6
100 123
123
do
2d, pref

Washington Brancn

East Pennsylvania, leased
East Tenuessee Virginia A
Eastern (Mass.)
Eastern in N. H
Eel River

116*

com

Albany A Susqueh., Guar., 7. --100
Allegheny Valley
Atchison Topeka A Santa Fe..100

Dubuque A Sioux City

110
120
120

112
120
WinonaASt.Pet.—lstM.,7s,’8 /.JAJ 109
2d mort., 7s, 1907
M&N 122
90
Wis. Cent—1st, 7s, coups, unfund.
79
1st series, new
63
2d series, new
Whs. Valley—1 st, 7s, 1909.... - - JAJ 115
Worc’r A Nashua—5s, ’93-’95 . .\ ar. 1101
Nash. A Roch., guar., 5s, ’94.A AO 1101

RAILROAD STOCKS. Par
Ala. Gt. South.—Lim., A., 6s,pref..

Pref. 100

118
86
165
69
62
137

93*2
113*8 113%
126
126**
38*2 41
63*4
59 M
5078 51%
107% 107%
34*2
129*4 129%

Pref

Jo

4»j

30*4

A Northern, com . 100
do

do

^

■*'***

Pref..

do

do

......

i 38

sioo *

84
76

135

135

il5% 1*1*6*
39%
120
145
92
112
65
115
103
75
36
36
7

40
125

145
95
115
70

105
38
36

32%

7%
32%

25
69
97

26
69
97

80%
48

80%
48%

74%

75

110%
39% 39%
89
95
35
100
105

89
100
45

**6*2*

64
145

140
28

28%

33

33

,

3d, end., 6s, 1900...... ......J&J

100

1*0*6

Denver A Rio
Denver So. P.
Des Moines A

Jo

„

98%

115
103

84

5*6

$ x4S

50
100
100

Western
Grande
A Pacific
Fort Dodge

Delaware Lack. A

126
108

Jo

v

*3134 *3*2*4

111% 112*2 Concord A Portsmouth,guar.,7 100
Connecticut A Passumpsic
100
111
do
2d,7s, ’93,ex.MAN
Connecticut River
100
110
Q’ncy A Tol., 1st, 7s,’90, ex.MAN
Danbury A Norwalk
50
111. A 8. Ia., 1st, 7s, ,82„ ex.FAA 100
Dayton A Michigan, guar., 3*2..50
St.L.K.C. AN. (r.est.AR.),7s.MAS 113*4
do
Prer., guar., 8.50
do Om.Div..lat7s,1919. AAO 119% 120*2
Delaware A Bound Brook
100
102
do Clarin.

Br., 6s, 1919.FAA
do No. Mo.,1st M., 1895.JAJ
Wab. Fund. a'sh>7—Var. 7s. .FAA
do
Various 6s
1AA
Warren (N.J.)-2d M., 7s, 1900.
W. Jersey—Debent. 6s, 1883..MAS
1st mort., 6s, 1896
JAJ
Consol, mort.,7s, 1890.. ----AAO
W. Jersey A At. 1st M.,6sl910MAS
West’n Ala.—1st M., 8s, ’88...AAO
2d mort., 8s, guar., ’90
AAO
West. Md.—End., 1st, 6s,90...JAJ
1st mort., 6s, 1890
JAJ
End., 2d mort., 6s, 1890
JAJ
2d mort., prof., 6s, 1895... —JAJ
2d, end. Wash. Co., 6s, 1890 JA.l

„

44%

100

102*2 Clev. Col. Cin. A Indianapolis.. 100
Clev. A Mahoning Val., leased.. .50
9978
Clev. A Pittsburgh, guar., 7
50
104
98
Col. Chic. A Indiana Central... 100
118*4
Columbus A Hocking Valley....50
Columbus A Toledo
Columbus A Xenia, guar., 8
50
114
Concord
50

VT

105*4 105%
91%
91
100

Cm. Hamilton A Dayton
100
Cin. Iudianap. St. Louis A Chic. 100
Cm. Sandusky A Cleveland
50
do
Pref., 6.50

12**

8.. 100

Pref

J*>

19

12*2

**4*958 49%
N. Y. L. Erie A West
89*2 89%
do
Pref
57
77%;
100; 77 187
96% New York A New England
65
N. Y. N. Haven A Hartford
100 185
37*2 37%
31
IN. Y. Ontario A Western
90
80
47
140
145
34*4 New York Providence A Bos... 100
Norfolk A Western, com
61
61
64%
144
59%
North Pennsylvania
50 $
30
I 35
North A South Alabama
170
55581 55%
Nor 111 e i n Ce n t ra 1
10*5** Northern New Hampshire
100 10712 108%
155
Northern Pacific, common
100
127
135
Norwich A Worcester,leased, 10.100
132
Ogdeusburgli A Lake Champ.-100
50

145*4 146% Ohio Central
Ohio A Mississippi—
85
84

Pref. 100

do

50

50

47
52

Pref., 7.100

do

New Jersey A New York
N. London Northern, leased,
N. Orleans Mobile A Texas
N. Y. Central A Hudson Riv
New York Elevated
New York A Harlem.

1023s 102%

100
Chicago A Rock Island
Chic. St. L. A N. 0
100
Chic. St. P. Minn. AOm.,com.. 100

110
90
85
113*4 114

55

165
45

A Canada Southern
i*02*‘
A East Illinois
154
Iowa A Nebraska
100 126%
Milwaukee A St. Paul. 100 134
do

100

110

158
45

100

Chicago A North Western

K...

- - - ■ ■ • - - - -

Equipment, 7s, 1883...

Chicago
Chicago
Chicago
Chicago

......

34
150

50

7

30

19

$75*2

Nashville. Chat. A St. Louis
25
Nashua A Lowell
100
Nashua A Rochester, guar., 3.. 100

55

34
149

Chicago Burlington A Quincy.. 100

110

100
115
107

Utali Cen.—1st [I., 6s,
Utah So.—Gen. M. ,7s, 1909 --JA.J
Utica A Bl’k R.—Mort., <s, 91. JAJ

51%

100

Cheshire, pref

105

Midland of New Jersey
100
Mil. Lake Shore A West., pref.. 100
50
125% Mine Hill A S. Haven, leased
Missouri Kansas A Texas
100
25
Missouri Pacific
100
30
Mobile A Ohio RR., assented...100
79
Morris A Essex, guar.,

50

pref—50

92
16

$53

100

Chicago A Alton
1143s 115
do
Pref., 7
108*2 1087s

Dcuv.Di v.,6s ass.cp.cert.

79

50

Central of Georgia
100
Central Iowa
100
lstnref
do
100
do
2d pref
100
Central of New Jersey
100
Central Ohio
50
do
Pref
50
Central Pacific
100
Charlotte Col. A Aug
100
Chesapeake A Ohio, common ..100
do
1st pref.. .100
do
2d pref..-100

Cent.,ist;88,g.^O J&D

CoU>rado

DenverPac.,1stM.,7s,g., 99.MAN

50 $

100
50

Cedar Rapids A Mo. and Ia. Ld.100
do
Pref., 7
100

119
130
125

126*2
111*2 115

&J

14
125

577s

29%

Memphis A Charleston
25
21% Metropolitan (street;, Boston ...50
29
Metropolitan Elevated
Michigan Centra1
100
Middlesex (street), Boston
100

81

Ask.

160
57

100
100
100

2d pref-50

do

-

„

21

:88

do
Pref
Canada Southern
Catawissa
do
Old, pref
do
New, pref
Cedar Falls A Minnesota

38

34

Pref

Cambridge (street), Boston....100
50
Camden A Atlantic

11778 118
118
126
+
120

100

Burlington C. Rapids A North ..100

117
121

1119
114

Boston Revere Beach A Lynn..

165
Manchester A Lawrence
164
124% 125% Manhattan Beach Co
Manhattan Railway
38
35
Marietta A Cincinnati, 1st

Cairo A St. Louis
Cairo A Vine., pref. 5 p. c
California Pacific

61*2

United Co’s N.J.-Cons.,6s>’94.A&0 tll5

100

do

60

59

tlavtonDivine0;OflVioio l"""

Bt6rUngdmort.,68;l|94:;.;.M&!
Amb.,mort., 6s, ’89.MAN

*89*2

102 *4 102%
94
90
100
99
98

nTfiuti incomes,

oiui

Boston A Providence

Bid.

Railroad Stocks.

Ask.

Bid.

Brooklyn Elevated, assessm’t paid
Brooklyn A Montauk
100
do
Pref
100
Buff. I?. Y. A Erie, leased
100
Buffalo Pittsburg A Western
50

100

Siisp.

First Page of ^notations.

Railroad Stocks.

Ask.

Bid.

Bonds.

BONDS—Continued.

QUOTATIONS OF STOCKS AND

GENERAL
For

607

CHRONICLE

THE

4, 1881.]

100
A Chic. 100

30

Warren
45
30

Phila., pref

50

;West Jersey
West. Maryland

1*0*7* 107*2 jWilrn. Columbia A Augusta
102*2 102*2 iWilmingt’n A Weldon,

100

125

.100

40

also pays accrued Interest.

126

.Wisconsin

I
45

t

Central

do

leas’d, 7.100

Pref

Worcester A Nashua

} In Loudon.

19%
130
23

53%
94

20
131
24

54%
94%

50
50

(N. J.), leased, 7

Westchester A

192

1267b 127

—

..100

$ Quotation per share.

17%
95
100

34%
57
64

18%
100

*34|l
60

65

608

rHE CHRONICLE.

Canal Stocks.

Bid.

Explanations

Ask.

1 QOQ

Adams

JM

Delaware Division—
J&J
68, 1878
Delaware & Hudson—
7s, 1891
J&J
lBtext., 1891.. M&N
7s, 1884
J&J
Coup. 7s. 1894. A&O
Reg. 7s, 1894 ..A&O

1st Pa.D.cp.,7s,M&S
do
reg. 7s,M&S
James Riv. & Kan.—
1st mort., 6s...M&Ni
2d mort., 6s.. .M&N

1
68

Equitable

Union
100
United States
100
GAS STOCKS.
Balt. Coneoi. Gas
Boston Gaslight.. .500
East Boston 7
25
South Boston
100

......

4th mort., 6s, 1886..
Morris—
Boat l’n,reg.,’85 A&O

109

.......

6s, ooup., 1910..J&J
99
Sclmylkill Nav.—
1st M., 6s, 1897.Q-M1 105
2d M.,6s, 1907. .J&J
to
Mort. 6s, cp., ’95 J &J
46
6s, imp.,cp., ’80 M&N
6s,bt&car, 1913M&N
65
7s,ht&car,1915M&N
70

Brookline, Mass... 100
Cambridge, Mass.. 100
100
Chelsea, Mass
Dorchester, Mass. .100
Jamaica Pl’n,MasslOO
90% Lawrence, Mass...100

......

Lowell

DO

Lynn, Mass.,G. L..100

......

Salem. Mass.,

Cs, coup., 1918. .J&J
coup., 1902..J&J
Union,1st 6s.’83.M&N

7s[

....

-

CANAL STOCKS.
Chesapeake <& Del..50 *§ ....
Del. &~ Hudson
100 11158 112
Del. Div. leased, 8..50

Lehigh Navigation..50 'MG'4
Morris, guar., 4
100 ^

do

MISCELLANEOUS
BONDS.
Amer’n SS.Co.(PhiL)—
6e, R. C., 1896.. A&O
Balt. Gas Light 6s
Canton (Balt.)—
£ 6s. g., 1904. ..J&J
Mort. 6s,g., 1904 J&J
Un. RR ,1st, end.,6s.
do 2d,end. 6s,g.M&N
Colorado Coal & Iron—
1st consol 6s
*•
Equitable Rl. Es. mort.
Gold & Stock Tel
I
Mariposa Gold L.&M.—
Cons. M., 78,’86.J&J
Mercantile Real Estate |

126
105
114

118
50
60
60
36
65

N.

|

90

..

j

Carondelet, St. Louis 50
|San Francisco G. L
MAN UFACT’ING
STOCKS.

......

......

100 j
110% i

Oreg.R.& N. 1st,6s, J&J

Pullm’n Palace Car-x
3d series, 8s,’871WA
4th do
8s,’92F&A

|

A111.B. II.S. M. (Pa. >12% !
Am. Linen (Fall

107

Stlg, 78,g..1885 AitO
St.Charles Bridge,7-8s 105*2 107
St. L. Bridge & Tun—
1st, 7s, g.. 1929.A&O {125
127
Reconstruc. certfs... :i22
125

Spring Valley—
W.\V.,1 sts. 1906.M&S i
Sterling Iron & By.—

Booti Cot. (Mass.) 1000(2000
Border City Mfg. (F.R.)| 150
Boston Co.(Mass.)1000]i475
Boston Belting.... 100; 170
Boat. Duck
(Mass.)700ho25
Cambria Iron (Pa.). .50 !S

i

'Ontario

Sil.

Min’g.100

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

Quicksilver Min’g.100

80
180
110

Sliamokin Coal
25
Spring Mount. Coal.50

163
66
95

Istaml’d

Hill

3 ’00

1
lOO
100
.....10

\j ix V' V.*

........

i-60
•15

164

100

•30

3'50

100

Umidn.Tibur"

16

32

110
25

“8

(iron Silver

i 76
1275

1

BOSTON

f

STOCKS.§
Allouez,#
"...25

MINING

'Atlantic
25
Aztec
25
Blue Hill /Me.)
10
72% Brunsw’lt Antimony.5
Calumet & Hccia...25
Catalpa Silver
10
Central
25
Contentment Silver 25
,116
Copper Falls
50
2050 1 Dana
25
! 133
Dawson Silver
20
11250 i Douglas (Me.)
5

! Duncan Silver
! Franklin

208

:

_

20
25
20
25

.0 A

oU

2 60

•60

(Ilarsliaw Silver

.

-

[Minnesota

1

jfPewabie

j)

jl
{(Rockland

\

..

|

*40

•23

•24

Uo

5%

6*4

i'-oo
15

16*4
•50

TOO

1-05

2'10

2T5

•35

Lacrosse
10
La Plata
32%' Leadville Consol.... 10

“^r

Leeds

..

1-40

1*45

50
50

1*35

1*45
•50

.10

•10

100

33
i Little Cliief
! Lowland Chief

j Lucerne
|Manhattan

40

Martin White

(May

......

Belle

18% ! Mavtiowcr

.....

*

.10
100

100
10

•20

(Moose

$6 * 'Moose Silver

10

1-25
1-75

$6

Mono

•13

’

2%
2%
io*«

8%
40c,

25c.

1

10
5

2
Robinson Consol.. *50
8
Sacramento
10
25c. i Santa Cruz
10c.
•Savage GoUl& Silv.100
3
(Sierra Nevada Silv.100

2% (Silver Cliff
11

50

i-00

i

i

-50

'

•19
*22

(south

4L%
1
3

60c.
34
4

10%
_

17

.

6%

7

•13

•10
•90
3 60

1-00
4-00

Unadilla
Uninn ConKol

loo

V de W. G

-10

*

•50

•28
•13

•26
•11

Wales

42%
1%

BANK

STOCKS.
BALTIMORE.

3*4

>

40c.

•20
•23

•25

Bulwer

(Tioga,

....

*75

265

'Standby

*

•15

i-’oo

j South Bodic

[South
[Spring

3%

•97

8% 'Sir Roderick Dliu ..10

60c.
40c.

4
4%
Hite, new ...25
25 c.
30c.
Valley
1
20c.
30c. Standard Consol... 100
80c. 1-00
10
2
3
'Tel. Con
2
‘2*o
ass’tpaid.. 100
34
33
'Tip
Top
.100
12
14
TYinitv
10
2
1%
Tuscarora
100

40e.
33

•40

100

North Standard
Northern Belle,...100
O K & W
2*4
2% i Overman G. & S.. .100
12
13
! Patagonia
5
65c. 75c. ! Penobscot
1... 5
0
2%
Plumas
10
18
i 20
Potosi
100
237
239
Rappalianock

3%

1 05

700

•94

7*0 '
15c. 1
5c.

2020 1 Humboldt
160 |i
25 1
Hungarian
1500
(Huron
25
174
International Silver20
11030 ! Manhattan
-.25
i
dMesnard
25 1

•35

Navajo
100
iNew ‘Philadelphia
24%
3 -Uj |N. Y. & Colorado... 20

24

500

6%

2%)
2%
1[Red Elephant
30 j 31
Rising Sun

1

OLn

O.ftfl

..

Tnrlpiipmlpnpp.

00

*18

10
.5
100
20

v

Qa

JU
X

o.nn

;

......

•

5
100

Hukill

*3

f1

*08

•50

66*4

$4
$4

•Wa
3'55

1*50

Hortense

......

38
240
75
18

•63

.Qfi

96%; Durango
17% Einp. Utah

6

m

.04

Dnnkin

4

5*aO

U

Virginia... 100
Copper Knob.
1
Crown Point

1-80

5

imperial
160
North Slope...
Pacific

•9V
—0

! •r7fl

50
100

•

Consul
Consol.
Consol.
Consol.

•Yk
aO

•14
1 60

a Xy

—mm

Chollar

1

.....

Cons. G.M. 100

Stormont
l
64% i Wilkesb. Coal & I.. 100

j

Louisville Bridge
McKay Sew’g Mach.10
Maverick Land
10

FT

j Chrysolite

i’066

4

30

!S. Kapli’l Sil.,Mob. 100
do
pref. 100

o,
Series B.,ine.. 1894. i
81 i
Chicopee (Mass.) ..100| 150 [160
Plain income 6s, ’91.
25
i 38% iCoeheco (N.II.)
33
500 g20
830
Western Union Tel.—
'National
25
|
Collins Co. (Conn.).. 10
10% 11
[Osceola
25
7s, coup., 1900.M&N ! 118*2 !
Continental
(Me.). 100;
gq 1 *7
7s reg., 1900.. M&N f
25
1120
Cies’t Mills (F. R.) lOOj
1 92 ((Plienix
90
25
Bterrg 6s, 1900.M&S {105
Davol
Mills
(F. It.) lOOj no
[109
1
Pontiac
25
Axe (Mass) IOC 116
Dougl’s
1
120
Quincy
25
MISCELLANEOUS
j
Dwight (Mass.). ..500 760
770
STOCKS.
)
Ridge
25
Everett (Mass.)... 100 130
133
Aspinwall Ixind....l0
25 j
7%
8
Fall Riv. Iron W. 100(
Boston Land
Silver Islet
25
1C !
10% 10% Flint Mills (F. It.) 100
97
Boston Water Power.. i
[‘Star
25 I
10% 11
Franklin (Me.)
10< 1 110% Ill
Brookline (Mass.)LM5
('Sullivan(Me.)Silver 10
5%
5% Great Falls (N. H.) IOC 1
Canton Co. (Balt.). 100
112*4 H13 'Superior
25 |
72
Hamilton (Mass.) 100C 11180
1190
Cent. N.J. I/d Imp.100
|
1
Hartf. Carpet (Ct.)IOC
i GOLD At
Cin. & Cov. B’dge pref
SILVER J
Hill (Me)
100 ! io5
105%

1

vy 11V) a.

1325

3%

......

do
pref
San Juan Sil. Min.100

..

inniolLOO

[Barnard Mfg. (F. It.).. I 130
!Bates (Me.)
100 1 207

...

B

Centennial

1

#

RivJ.iioo

1L7% 118
1107% iAtlantic (Mass.)... 100

Deb’nt’re,7s,’88A&0

rji}

Amory (N. H.)
100 1 115
Amoskeag (N.II.) 1000 2045
Androscog’n (Me.).100| 132
Apideton (Mass.). 1O00 1200

!no

108

!

j

106

1

|

10O
103

| Carl).

1

100

iMontauk Gas Coal.100
iNew Centrnl Coal
[New Creek Coal
10
N.Y. & Middle Coal.25
, N.Y.&St raits.C.&I. 100

......

74
50 ! 270
Laclede, St. Louis. 100 1 116

1102

1025
140
390
61
135
112*o

50

pref. 100

'Maryland Coal

65

Liberties, Phila..25i$

St. Louis G. L

1

do

185

Portland, Me., G. L.50 !

..... .

100
24

iMarip’sa L.&M.OallOO

Washington, Phila..20 $

......

180
96
15

Pittsburg-

j Locust ML Coal

166
27*o
155
100
125

100 ICO
100 i
63
j New York, N.Y
lOOj ‘ 94
N. Orleans G. L. ..100|
04

i 110

106
106
119
102

j Calaveras
1 Caledonia
97%:! California

197io 200
x25
30

....

j Municipal
Mutual of N. Y

......

Cr’k C’l (Md.)

'Homestake Min’". 100
ILa Plata Mining &S 10

105% iLittle

105
21
145

■

[George’s

96
128

I Metropolitan, N.Y.100; 137

103

75

95

.

"

2600
1075

2-25

100
100

......

Louisville G. L
124
13% Mobile Gas & Coke. 8
Central of N. Y
50
60
! Harlem, N. Y
50 :
75
! Manhattan, N. Y... 50
177

513%

Union C IMT (F K ) 100
Union Mfg.(Md.i
Warn panoagf F.R.) 100
Wash iugtYi (Mass.) 100
Weed Sew. M’e (Ct.)25

er

Ask.

50

•

People’s, Jersey C

50

ThoFndikeiMass.ilOOO 950
TremontJ: 8. {Mass) 100 161
Troy C. & \V.( F.R.) 500

Bulw

Bid.

...

100

Cincinnati G. & Coke
Hartford, Ct., G. L..25

58

Miscellaneous.
i
Buldomingo
! Bullion.

Wfetamne (F. ft.) 100
1
Willim’tic TYinen(Ct)25
i 75
York Go (Mo )
.750 X1235 1250
200 j
I, A- MISCEL.
415
1
REINING STOCKS.'
Gold 1*1:1001’
..25
American Coal
25l
Gold Stripe
60%: 66% Big Mountain
Coal.lOj
Goodsliaw
100
x790 1 795
Buck Mount’ll Coal.50
Gould & Currv S 160
28% 29
Butler Coal
25
Grand Prize
100
1 Pari boil CVvn,
106 l 107
3
2%
Min’g io
109
4
[Cent.Arizona Min. 100
* 108%;
4*4 Great Eastern
1
138
137
iClinton Coal & Tron.10
90
91
Colorado Coal & T.100
63% 63% (Ilale
89
& Norcross. .100
89%' 'Consol.Coal of Md.100
40
42
illarsliaw
124
123
| Cumberl’d Coal&I. 100
20
Hibernia
137
137%' Dead wood Mining
7
8
Highland Chief
155
145
Excels’!* W.&M.Co.lOO
4%
5
Horn Silver
25
64
66

Jersey C.& HoLok’u20

pref.50

Sandw.Glass(Mass.)80

Shove (Fall Riv.). 100 131
Slade (Fall Riv)
100 109
Stafford {Fall Itiv ) 100
Stark Miils (N.H.)IOOO 1315
Tecuruseli <F. R.). 100 130

1 30
385

.

47

....

50

j

25
Brooklyn, L. 1
Citizens’, Brooklyn.20
45
Metropolitan, B’klyn.
58
Nassau, Brooklyn ..25
54
People’s, Brooklyn. 10
35
Williamsb’g, B’klyn 50
60
01iarlcst’n,S.C.,Gas.25
18
Chicago G.iV Coke 100 165

.

125
80

Pacific (Mass.)...1000 2590
Pepperell (Me.)
500 L060
j Rich. Bord’n(F.R ) 100 95
Robeson (F. Riv.) 1000 L000
55% Sagamore (F. Riv.) 100 135
Salmon Falls (N.II .)300 385

I

Maid.& Melrose... 100
Newton & Wat’n ..100

......

Susquehanna—

do

100

124
76

......

148
175
60
245-

100

100
Farmers’ Loan & Tr.25
Mercantile
100
N. Y. Guar. & Ind.100
N.Y”. Life & Trust.. 100
Real Estate Trust. 100

Ask.

73

STOCKS.
Central

(Mass.)375

Bid.

125%

55%^

Brooklyn Trust ....25

Louisville & Portl.—
3d mort.,6s, 1881...

Susquehanna

N. E. Glass

.

Cous.M.,1911 7sJ&D

Schuylkill Nav

72
125

STOCKS.

Naumkeag (Mass.)lOO

86

......

6s,g.,rg.,’94M&S

do pr.,guar.l0..100
Penn sy ivania
50

139

American District. 100
American Union ..100
1 Atlantic & Pacific..25 54
60
118% 120
Franklin
100
25
Gold & Stock
25
109
110
InternationT Oc’n. 100
118
j Mexican
100 131
119
Southern & Atlantic 25
80
i.24% 125
Western Union... .1001 127% 128
12 4% 125%
TRUST CO.’S

6s,g.,cp-&rg..’97J&D

New mortr.
Pennsylvania—

137

BONDS—Continued.

Page of Quotations.

Miscellaneous.
i

TELEGRAPH

!

75

Conv.0s,reg!,’82J&D
do

Ask.

a-.a.

107
117

—

100

United States
100
Wells, Fargo & Co. 100

-

Lehigh Navigation—
6sfreg., 1884
Q-J
RR. 6s, reg., ’97.Q-F
Deb.68, reg.,’77,J&D

Bid.

EXPRESS ST’CKS1

Cbesap. & Delaware—
1st mort.,68,'86 J&J
Chesapeake & Oliio—
6s, 1870
Q.-J

STOCKS AND

!

na

OF

See Notes at Head of First

Miscellaneous.

CANAL BONDS.
Albermarle & Ches.—
1 at

QUOTATIONS

!

For

I

GENERAL

IVOL. XXXII.

60c.

[Bank of Baltimore 100

(Bank

of Commerce.25

(mining stocks§ j
/v

130

17%

i

18

Holyoke W.Power.IOC
Y & S\N. FRAN )
16% 1 17
1 1 Olet .113
Jackson (N. IU..100C v 1 cmnli ‘>‘25 ! \lino
3
6%
2%
31
Philip (F. R.) IOC >| 140 i
! Alpha Consol G&S.100
I Farmers’ & Me-rc.h
N.E.Mtg.Secur.IBost.) 1 110 1110% King
:
40
Laconia (Me)
46
48
400
N. Hampshire Land 2.
!J
'
►j
555
1*90
Montana
100
j
Alta
5
! Lancaster M.(N.H)40C x875
1
4
;
Farmers’&Planters’25
42
900
N.Y. Loan it Imp’t 100
(American
Flag
10
> Lawrence
First Nat.of Bait.. 100 130
133
(Mass.) 1000; 1660 1675 ;Amie
10
N.Y.&Tex.L(i.,Lim. 5(J
45
•49
•50 Franklin
47
Lowell (Mass)
9
12%
! Bald Mount
69C 925
7%
930
Land scrip
•05
•06
1 34% 35
Lowell Bleachery.20C
110
100
283
O. Dominion S8.Co.10C I
! 280
j! Bassick
100
*12
103% 1104
Howard
1
Lowell
9% 10
>1 750 ,800 |! Bechtel
Oregon Ry.&N.Co.lOO 166% 166% Lyman Mach.8hop.50(
•60 Marine
30
•35
34
M.
(Mass.).IOC
►1
120
1 Belcher Silver
Pacmc Mail SS. Co.100
1121
100
52% ! 53
Mechanics’
10
11%
Manchester (N.II.) IOC >' 190
1134
Pnllm’n Palaxe Carl OC 131
195 ijBelle Isle
100
136
•55 Merchants’
Mass. Cotton
100 130
1 {)()( )! 1335
1310 ; Jli‘l mnnt
St. Louis B’dge, 1 st pret
96
{94
cltlHilili 1JACU
Mechanics’ (F. R.) IOC 125 I
• Best &
2d pret. certificates. !
Belcher... .100
52
{50
21
People’s
14
25
J Merchants’ (F. R ) 10G 177% 185 iBodie
St. Louis Tunnel RK-.
100
6%
7
i’104 |107 1 Merrimack(Mass)100C 1750
jSecond National ..100 150
St. Louis Transfer Co.
Bonanza Cliief
!
'
;
1775
1
*18
I 60
Middlesex (Mass.). UK) 250 ' 253
(Third National... .100 105
»urro
B recce
immol
25
i() §$2*4 1! 75
1*10
1*30 j Union
23* Nashua (N. If.)500
75
81% tK 82
X720 i730
J Buckeye
5
*
*14
*15 li Western
20
28
-Price nominal; no late
transaction*.
t fuc p.iL-aliaaer also
pays accrual int.
{ Ln London.




16

[I

1

....

AW

•

§ Quotation

per

sliare.

18

'

GENERAL QUOTATIONS
For

152
127
115
108
123

Atlas

i-Is ton.

City
Columbian.

1

1
j1

Eagle.

i

Eliot..

!

Masonic

Louisv.

100
Banking Co.40

100
Merchants’ Nat. ..100

110
125
Northern of Ky
100
Second Nat
100
120% 121
106% 107
Security
100
94
94*2 Third National... .100
178
Western
100
176
119*2 120
West.Finan.Corp .100
120
MOBILE.
118
144
Sank of Mobile
..25
143
125*o 126
First Nat
100
100
130 “ 130*2 Nat. Commercial
MONTREAL
119*2 120*«
British N. America
120 “ 121
Commerce
122 % 123
50
145
Dominion
50
144
Du Pcuple
116% 117
..
..
50
131
130
Eastern Townships 50
207*2 208
Exchange
1
105
100
Federal....
103
109
108
100
Hamilton
12*2*2 123
|
loO
1 Imperial
112*2 113
100 1
124
123
{Jacques Cartier... 100 1
115% 116
| Maritime
100
1
126*2 127
j
Merchants’
100
i Molsons
50
110*2 111
106*2 107
Montreal
200
1 37
133
Nation ale
50
120
Ontario
40
118
256
255
Quebec
100
131
Standard
130
112
Toronto
100 !
in
150
100
Union
149
116
114
; Ville Marie
100
204
NEW ORLEANS.
203
120
!Canal & Banking.. 100
11”
151*2 152 i Citizens’
...100
Germania Nat
100
140
139

131
140
205
L21

106
150

108
152
112
107
L12

!

26
120
85

|

juo |

First Ward

Fourth National.. 100

100
Globe
100
Hamilton
100
Hide & Leather... 100
Howard
1 n/'
Freemans’

Manufacturer
Market.

.

AW

Massachusetts —‘250 j
Maverick
100 !
Mechanics’ (So. B.) 100
Merchandise
100|!
!
Merchants’
|
Metropolitan
i

Monument
Mt. Vernon
New England
North
North America
Old Boston
Pacific

i
jw j

100
100
50
100

100
100
100

People’s
Redemption
Republic
Revere
Rockland
Becoml Nat..*.

100

Security

100

TOO
100

Shawmut
100
Shoe & Leather.... 100
Stato
100
Suffolk
100
100
Third Nat
Traders’
100
Tremont...
100
Union
100

Washington

100

Webster

100

j
[Hoclielega

BROOKLYN.
Atlantic (State)

115
115*2 i Hibernia Nat
02*0
62
j Meti
Louisiana Nat-.. ..
114*0 115
opolitau
165
Mutual Nat
163
New Orleans Nat..
134*2 135
7229*2 130
People’s
127
127*2 State Nat
Union Nat
142
140
NEW YORK.
152
150
America.;’
185
175
1

22

First National
Fulton

City National
Commercial
Long Island
Manufacturers’.
Mechanics’
Nassau
Brooklyn Trust....
CHARLESTON.

...

Rrn;id

!

80

105
157% 160
98
44
*48

1 00

108% 111

101

[Third National

CHICAGO.
Commercial Nat.. .100

175

......

f

153
126

[Firemen’s
Insur’ce. 185
Howard Fire

'Corn Exchange ...100 :i50
East River
25 1100

j •'Maryland Fire

30

i

!Fifth Avenue
100 1380
iGallatin National ..50 :143
95
: German American. .75
'Germania,
100
I .Greenwich
25
'Grocers’
30
FT; mover

1

no1

1 ‘>5

Tmnnrf-ers’ A- Tr

inm

1230

140

:

!

TOO

Market
Mechanics’

100' 1121

(Dwelling House... 100

96

Nat. B’k of Illinois.lOO
Northwestern Nat. 100
Union National. ...100
Un.Stoek Y’ds Nat. 100
^

.CINCINNATI.

Mechanics’& Tr.. .251 1104
*
100
Mercantile
Merchants’
50 *130
Merchants’ Excli’geoO iioo

210

1~7

Citizens’ National

1 40

1

First National
Fourth National....
German National....

OH7

01 n

Merchants’ National..
Nat. Lai. & Bk. of Com

Second National
Third National....
„

100

American Nat50
Charter Oak Nat.. 100

City Nat
100
Connecticut River. .30

Far & Mech. Nat. 100
First Nat
100
Hartford Nat./
100
Mercantile Nat.... 100
National Exchange. 50
Phoenix Nat
?. 100
OD<Vt0

150
110
125
155
112

i

A/\

128
73
135
95
38
130
121
168
130
78
168
lit)

132

144
90
124

145
95

75

133
98
44
132
125
172
133
80
171
112

LOUISVILLE.

bS °J
100
Bank
of Kentucky
LouisvillelOO
100
ri?ZxT8>
City Nat National. 100

City TobaccolOO
85
Farmers’of Ky ...100 105

125
| 128
83
106

IUD

lUo

138

142
105
107

1 07

Falls

Farmers’&Drov.. 100

g^tNat
100
German Ins. Co.’s. 100
German

100

.

*

103
105

Metropolitan

100' 1160

Nassau

100

New Ynrlr

TOO

100
140

Eveh’o’elOO

1100

N

_

115
212*2 213

HARTFORD.

■®tna Nat

Y

Nat

New York Comity. 100
Ninth National... .100 125
North America
70 ‘102
North River
50 193
Oriental
25
Pacific
50
Park
100 160

Eliot
! Firemen’s
-

-

i*32

1 'Manufacturers’

Phenix

133

......

Amazon(ucw stock) 20

St. Nicholas
State of N. Y
Tradesmen’s
Uniou.

100

♦

100 *130
40

50
PHILADELPHIA §
B’k of N. America 100
Central National.. 100

50

Commercial Nat....50
Commonwealth Nat 50
Consolidation Nat..30

Exchange Nat.50
Eighth Nat
100

Corn

1

Pii.jf Vo f
L Usl iiilt.

.

.......

Farinors’&Mooh.N. 100
40
Kensington Nat
50

Girard National

ictions.

X Lise price

100

[Enterprise

20

Eureka
Firemen’s

‘>0
*20

170

25

Western
1
......

......

i2i
140

......

......

335
230

......

....

118

.

:

......

250
95
101

......

100
......

2

......

116
105
100
102

......

......

K/1%
104
......

135
112
......

......

......

125

128

......

......

100

Atlas Insurance... 100
Connecticut
100
Hartford
100
National
100
Orient
100
Pluenix
100
Steam Boiler
40
LONDON.
1 Commercial Union.£5
50
Guardian

...

25

Lancashire F. & L. .25
^ Loudon Ass.Corp.12%
Liv. & Loud. &Globe20
North’ll Fire & Life .5
North Brit. & Mer. 6*4
.

139

65

Queen Fire A Life
1
Royal Insurance... ..3

MOBILE.
Citizens’ Mutual...100

preceding Juue 2.

40

Eagle

100
30

Empire City
Exchange
Farm gilt

50
17
10

Firemen’s
Firemen’s Trust

Frank.ifcEinp’iiim
German - A 1 nerican 100
Germania
50
Globe
50

25
100
15
50
50
100

Greenwich
Guardian
Hamilton
Ilanover
Hoffman
Home

Hope

25

Howard

50

Importers’ A Trad. .50
100
Irving
30

.Jefferson

..

Kings Co. (B’klyn) .20
Knickerbocker
40

Lafayette (B’klyn) .50
100
25

Lamar
Lenox
r*

7*4 Long Isl’d (B’klyn).50
Lorillard
25
Mamif. & Builders’100
Manhattan
100
5*8 Mech. & Traders’...*25
60
Mechanics’ (B’klyn)50
12
Mercantile
50
Merchants’
50

/

26
26

......

......

7
4

......

50
11

144
147
152
96
* 22

141
146151
95
119
147
177
60
145

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

National
New York City

37%

Equitable

35

N. Y.

147% New York Fire.... 100
180
Niagara
50
02
North River
25
147
25
Pacific
Park
100
116% 119
143
132
127
127
165
155

85
......

110
160
110
89
145
140
103
......

140
......

115

85
j

1*0*5
105
......

100

135
75
125
147

150

270
23
140
270
140
115
193
65

272
25
143
285
150
122
*200
68

25%

.-.20
Cooper
50
People’s
Phenix (B’klyn) ....50

Peter

....

80

26%

81
182
9
8%
6G
64

79
159

Rutgers’
St. Nicholas
Standard

.

52
50

.

.

100

100

Stuvvesant
25
Tradesmen’s
25
25
United States
Westchester
10
Williamsburg Citv..50

108

110

118% 121
162
110
200
215
195
165
125
135
60
100
225
215
95
100
120
95
107
115

182
155
117
260
65
140
160
85
155
75
120
95
75
150
200
65
108
90
......

110
60
142
105
160
160

35
125
115
150
115
70
150
110
185
112
220
120
200
110.
130
87
70
150
60
1*26
116
75
115
105
127
115
210

170
115
225
...

.

.

_

175
130

105

100
......

100
.......

120
196
......

......

......

70
150
165
90
160
80
125
100

210
70
115
95
75
116
70
......

110
170
170
90
130

1*6*6
T

^

75
160

115

135

92%
80
65

120
......

110

PHILADELPHIA.^
American Fire
loO
Fire Association... .50
....

100
Franklin Fire
Delaware Mutual.. .25
Ins. Co. of N. Ain’ca 10
Ius. Co. State of Pa 200

Pennsylvania Fire 100
50
Spring Garden
50
Uniou
10
United Firemen’s
10
Lumbermen’s

..

......

City
25
Merchants’&Mecb.lOO

Virginia F. & M
2.)
Virginia Home .... 25
Virginia State
25

ST. LOUIS.
American Central..25
100
Citizens’

Jefferson

100

Marine
100
SAN FRANCISCO

59
68

100

Commercial
100
Firemen’s Fund .100

43^1

Investment.
34%j State
Union
7=»
I Western

;§ Quot ttioa per snare.

10*
101

37

36%

......

......

......

122
12

28%

RICHMOND.

23% California

70

100

Star

233s
4%
34*4

100

Sterling

53

67

50

Relief

Rep un lie

80
140

HARTFORD, CONN.
.Etna Fire

Imperial Fire
.

IUU

135
87
60

25

20
Globe
20
Merchants’^; Mamif 20
Miami Valley
50
National
100
Union
20

......

i nn

.

20

Germania

..

66
61

[Citizens’
Eagle

......

122
148

106
67

25

Commercial

103

.

City National

Cincinnati

70

100
30
50
100

Clinton
Columbia
Commercial
Continental

97

100
J (Mass. Mutual
100
(Mercantile F. & M.100 x!41
[Neptune F. «fc M...100 131
North American ..100 123
1
[j Presuott
1 OO 123
85
1 Revere
100
iShoe & Leather. ..100 155
Washington
100 150

i.30

20

Citizens’

CINCINNATI

Second National.. 100

Seventh Ward
100 1*80
Shoe & Leather.... 100 1128

100

..25
25
17

Bowery
Broadway
Brooklyn

City
25
135
110
96
130
105

30’

28%

Sun Mutual
Teutonia
NEW YORK.
American
50
American Exch... 100

60
103
157
157
114
154

j

140

25 1120
.20 1108

People’s

..100
100

i [Franklin

....

Price nominal i no late traus




150
187

25!

cm

100

100
100

Boston

Boylston

.

loO

Marine

10

(Commonwealth. ..100

50
Leather Manufts..lOO 1*153
Manhattan
501 135

200
1*25

National Fire
BOSTON.
! American F. & M

25
120
*125

10

[Merchants’ Mutual.50

I

1

.

Merchants’ Nat.. .100

I.\S(JR’CE
FIRE
STOCKS.
BALTIMORE.
i Associate Firemen’s.5
!Baltimore Fire Ins. 10

115

1230

Corn Exch. Nat.. .100

.

Wells, Fargo & Co

......

Irving

Fifth National ...lOOj 140
First National
100 210
Hide and Leather
100
Home National ...100
(

Merchants’ Exch. .100
Nat. Gold Bauk& Tr. Co
Pacific

......

100
100

59
161
155
155
112
152

Grangers’ B’k of C.100

13*6

[Citizens’
j Commerce
j Continental

..

People’s

......

Bank of California
First Nat. Gold
100

243

133*2
138
110% 111

...

Anglo-California

......

25 tllO

100

Valiev National... 100
SAN FRANCISCO.

55%

100 1145

[ Fulton

100

Nat ... 100
[Merchants’
St. Louis National. 100

100

100

100

Merchants’, Old

111%

50

International

[Mechanics’

113

100111761

People’s National. 100

'

1111
113*4 118

'Chemical

-

.

120
109

100
100

100

RICHMOND, VA.
City Bank
25

'State Bank of Va.100
ST. LOUIS.
B’k of Commerce.. 100
Commercial
100
'Continental
100
(Fourth National ..100

104

10013150

Fourth National

75

102% 102% [Nat. Bk of VirginialOO
1 10%
j Planters’ Nat
100

O

j1 First National

100
100
100

100
i First Nat
■Merchants’ Nat. ..100

98
111
145
54
112

! Eleventh Ward

140
115

50

National Traders’. 100

81

.’Chase National
! Chatham

113
230
116
260
105
103
100
185
170

1 OO

126*4 ! 127
113
[ 115
206*4 j 207

106
I04*o 105
125
124
148*0 150

*» r* ~
1 t O

SniMTirr OjlWlttTl

(Merchants’ Nat

100

100
25

100
100
100

Canal Nat
Casco Nat
First Nat

[

Exch’gelOO

[City

Second Nat
Seventh Nat
Sixth Nat
Southwark Nat

io.% ; 104

100

wii v

iMobile Mutual

100
Philadelphia Nat. .100

7*

Bute hers’A Drovers25!UT8
Cen tral Nat ion al.. 100! U ‘25

425*2

124*2 125

94
145
118

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

American

105

160
110
220
106
240
95
100
96
180
160
150

Brooklyn

123

Ask.

jFactors’& Trad’s’ Mut.

[People’s

!

118

j

114
125

Bid.

80
85
50
55
.70
40
45
Planters’ & Merch.Mut
90
95
Stonewall
40
45
Wash’ton Fire & M.. 50
NEW ORLEANS
xl09% 111%
Crescent Mutual
Factors’ and Traders’ xlll% 113
61
Firemen’s
109
Germania
xl06
Hibernia
33% 34%
Home
60
64%
Hope
53
55%
Lafayette
xl05
106%
Merchants’ Mutual
HI lo 113%
New Orleans Tns. Ass’n
38*4 39%
62
62%
New Orleans Ins. Co

29%

National Security. 100
iPenn National.."...50

90

118

j

....100

JguLuii;

Merchants’ Nat
Nat. B’k Commerce.50
Nat. B’k Germant’n.50
Nat.R’k N. Liberties 50
Nat. B’k Republic. .100

50
103% '2 2d Ward
100
152*4 152% ’Third Nat
50
!Union Nat
171%
96% 97
j Western Nat
50
119
[West Philadelphia. 100
137
13S% |
PORTLAND, ME.
iCiunberiand Nat.. .40
154

.".100

J

Insurance Stocks.

103

.

j

Manufacturers’Nat.25
Mechanics’ Nat....IOC

128

110
105
110

..

!

.

Kentucky Nat

127*4
115*2

130
133
200
120
127
104

.

Commerce

mai KUHUJ

153

Ask.

Bid.

Bank Stocks.

1

German National. 100

1

^Ask.

Bid.

Bank Stocks.

1

BOSTON.
Atlantic

OF STOCKS AND BONDS—Concluded.

Explanations See Notes at Head of First Paso of Quotations.

Ask.

Bid.

Stocks.

Bank

609

THE CHRONICLE.

1881.1

4,

Junk

23
93

34%
27
34
31
no
100
110
120
110
118
118

105

126
•

.

•••

23%
95
36

27*4
35

35%
......

......

LI*
120

•

120
107

122
......

•

• • •»

610

THE

CHRONICLE.
advantageous to this corporation, in addition to
received for such interest, which has been
carried to
of the contingent fund.”

AND

1880-81.

Passengers carried
Passenger miles

The Investors’ Supplement contains a
complete exhibit of the
Funded Debt of States and Cities and
of the Stocks and Bonds
of Railroads and other Companies. It is published on the last
Saturday of every other month—viz., February, April, June,

The

earnings

..

Net

an index to all reports and Items heretofore pub¬
lished in the Investment Department of the Chronicle
since the last

551
560
577

Boston Hoosac Tunnel & W... 500
Boston Water Power Co
499

Brooklyn Elevated
Brooklyn A Moutauk
Brunswick A Albany

468, 551
526

551

Cairo A St. Louis
Cairo A Vincennes
Carolina Central
Central Iowa
Central of New Jersey
454,
Charlotte Col. A Augusta.467,

Chartiers Railway
Cheraw A Salisbury
Chesapeake & Ohio

551
500

576
500

468
577
498
500
544

Chic. Burl. A Quincy
541, 544
Chic. & Eastern Illinois
500
Chic. Mil. & St. P....456, 466. 569
Chicago Pekin A Soutliw
526
Chic. R. I. & Pac
551, 577
Chic. St. P. M. & Omaha..500,

552, 569, 577
526

Cincinnati City Bonds

Cin.
Cin.
Cin.
Cin.

Ham. & Dayton
526, 552
Ind. St. L. A Chic
552
A Muskingum Valley
4 98
Richmond A Fort Wayne.499
Cincinnati Southern
500, 552
Cin. Wabash A Michigan
525
Clev. Canton Coshocton AS... 577
Clev. Col. Cin, A Ind.
526, 552
Columbus Chic. A Ind. Cent...498
Connecticut Western
577

Dayton A Southeastern...526, 577

Delaware A Hudson Canal.... 526
Delaware State Loan.
500
Denver A Rio Grande
.500, 550
...

Bast Tenn. Va. A Ga
552
Elizabethtown Lex. A Big San. 544
Evansv. & Terre Haute
500
Flint & Pere Marquette
575
Ft. Wayne Muueie A Cin
577
Freight Rates
526
Galveston H. & Hend
500, 577
Georgia RR. A Bank’g Co.526,551
Grand Trunk (Canada)
467
Great Western (Canada)
467
Harlem River A Portoliester. 578
Houston A Texas Cent. ...488, 578

Indianap. Decatur A Springf.. 500

I

Indiana Bloom. A West
468
International A Great No.469,

526, 569, 578
Jersey City Finances

566

Iiake Shore A Mich. So. ..478, 497
Little Miami
498
Little Rock A Fort Smitli
467

Long Island RR

526

Louisiana State
468
Louisv. New Albany A Chic...
Louisv. N. A. A St. Louis

526, 578
578

ANNUAL

Net

24,587

552, 578

Northern Central...
Northern Pacific

Pacific Mail Steamship
Panama Railroad

469

488, 527, 539, 578
498
Pittsb. Fort Wayne A Chic
577

Pittsburg Cin. A St. Louis

Pittsb. Wheeling A Kentucky.498
Pullman Southern Car Co
579

Richmond A Allegheny
Richmond A Danville ....469,
Richmond A Newcastle
Rochester A Pittsburg

579
488
553

544

St. Louis Alton A Terre Haute

467, 569, 579

st. Louis Iron Mt. A So....526

Shenandoah Valley
South Carolina RR
Southern Pacific

569, 579
527
469
469

544, 579

569
Spartanburg Union A Col
579
Syracuse Binghamton A N. Y. 579

Tennessee State Debt

579

Texas A Pacific
Texas A St. Louis
Toledo Ciu. A St. Louis

469, 526

Wab. St. L. A Pac
Western Union Tel
Wisconsin Central

454
527, 544
579

544
579

REPORTS.

of roads with which this road is connected
during several of
the winter months, which somewhat diminished the
gross
receipts while largely increasing the expense of carrying the
traffic westward,
whether this diversion caused
any other loss
is extremely problematical, as the through business, which is a
very large proportion of the traffic, continues to return a
very
small revenue per ton per mile. During the
year, 498 tons of
steel rails and 54,186 new ties were laid; 2,200 tons of steel
rails
have been bought, which will complete the steel track on the
main line. No satisfactory arrangements have
yet been made
for the connections of the Peterboro & Hillsboro road.
Nego¬
tiations are pending with the Central Vermont for a settlement
of differences as to through business.
The report says.:
“Various propositions having been made for the
purchase of
the interest of this corporation in the stock of the Sullivan
<

$1,046
143,687

,

$3,068,400
177 000

’ioo

i.

144 733

21,027
89,919

$4,086,060

-

$3,068,400
37,708
254,245
1,147,373
103,015
75,316

Contracts, cash, Ac
Total
'

$4,636,060

The

company guarantees $500,000 Concord &
bonds, of which it owns two-fifths.

Concord

Claremont

Railroad.

(For the year ending March 31, 1881.)
This road operates 121 miles.
The traffic of the year
March 31 was as follows:
1880-81.

Passengers carried
Passenger miles
Tons freight carried

The

527,003

13,118,217

11,081,309
899,662
29,006,834

934,331

earnings for the

Passengers
Freight
Mail, etc

30,295,384
year were as follows :
*
1880-81.’
1879-80.
$328,890
$299,447

Total'.

Expenses

596,394
29,715

541,244
29,395

$955,000
592,391

$870,088

Net earnings
$362,608
There was an increase in expenses, due
renewals. The income account is as follows

98
10*2
11
9-8

523,356

13-2

$346,732

4-6

:

earnings
on capital stock
*
Manchester A Lawrence, joint business
Rents, including Nash. Acton A B. road

Dividends, 10 per cent

P.c.

hartly to increased

Net
Tax

Ou account Nash. Acton A B. road
New freight cars
Reserved for unsettled government

$362,608
$37,607
62,246
44,094
50,000
6,000
12,000

claims

150,009—

Balanee to contingent fund
Amount of contingent fund, March 31, 1880
Amount March 31, 1881

ending
1879-80.

591,757

Ton miles

361,918
$660
109,93a

$110,596

.

Manchester & Lawrence.

Northern

(N. H.) Railroad.
(For the year ending March 31, 1881.)
The annual report says that, from various
assigned reasons,
the through business going easterly was diverted from the line

;

1,184479

575

Pennsylvania Company
569
Petersburg RR
501
Pennsylvania RR....469, 501, 573
Philadelnhia A Reading.. .469,

St. Joseph A Western
St. Paul A Duluth

179,838

Total

553, 569

Oregon A California, i
Oreg. Railway A Nav. Co.501, 553

per cent

Construction
Northern Railroad stock, 711 shares
Concord A Claremont Railroad
Bills receivable
Materials

West.501, 527, 569, 578

578
527, 569

78JJ61

Premiums, Ac

578
553
578

579

$102 oo-i

Juno dividend

552

Ohio Central
Ohio A Mississippi

earnings

Contingent fund

553

527

326,566

r

Stock
Bills payable (coupon notes)
Bond due April 1, 1874
Income, balance

527

North River

earnings

Balance, March 31, 1881

553
500
469
500

N. Y. A Brooklyn Elevated
N. Y. Chic. A St. Louts
New York Elevated
468,
N. Y. Lackawanna A West
N. Y. Lake Erie A West.

397,793

$144,733
Balance of interest account is the
surplus of interest re¬
ceived on investments over the amount
paid.
The general account March 31,
18S1, was as follows.

553, 569

f

imooi

$500,016

year
Balance of income Me
Mi irch 31, 18S0

Midland of New Jersey
552
Milw. L. Shore A West
569, 578
Minneapolis A St. Louis...500, 569
Morris A Essex
577
Mo. Kan. A Texas. ...469,
526, 552
Missouri Paeific.469, 488. 526,
'

23,482

Surplus for the

Memphis A Charleston...526, 552
Metropolitan Elevated. ...468, 552
Michigan Central
497, 511

Norfolk A

;

Dividends, 6

Marq. Houghton A Ontonagon

Nashv. Chat. A St. L
New Castle A Franklin
New Orleans Pacific
N. Y. City A Northern

1879-80.
$139,403
276,119

$152,337
323,091

Balance of interest account

& Brunswick
552
Manhattan Eievated.468, 552, 578
Marietta A Cincinnati
526
aeon

*

1880-81.

509,358

$102,223
$112438
Expenses include $23,253 for State tax and $20,553 for new
rails. The income account was as follows.

issue of the Investors’ Supplement; annual
reports are indexed in
black-faced type:

Alliance A Lake Erie
Arkansas State Finances
Augusta & Knoxville

32,628,360

Expenses

following is

Allegheny Valley

29,381,572

follows.

were as

Total

499
525

M 10,875

Passengers
Freight.
Mail, Ac.

INDEX SINCE APRIL SUPPLEMENT.

1879-80.
133,012

151,355
5,944,082
466,266

.

Tons freight carried
Ton miles

August, October and December, and is furnished without extra
charge to all regular subscribers of the Chronicle. Single copies
are sold at $2 per
copy.

Alabama Great Southern

1

The traffic for thie year was as follows:

STATE, CITJ AND CORPORATION FINANCES.

The

the amounf
the accent

(For the

year

ending March 31, 1881.)

This company works 26 miles, and has a verbal
with the Concord Railroad for part of its business.
The traffic for the year was as follows :
18S0-81.

Passengers carried
Tons freight
Ton miles

156,268

carried

10,203

1,486,651

The statement of

earnings is

as

follows

on account of joint

business

-

agreement
1879-80.

135,219

l,27i‘,709

:

Receipts from traffic
Concord

Company,

Total

earnings

$185,641

Expenses
Net

62,24b
85,201

earnings

Dividends, 10 per cent

Surplus for the

year

100,000

$H®

Wilmington & Northern.

County Railroad, one of which appeared to be satisfactory,
(For the year ending Dec. 31,1880.)
negotiations were had which resulted in the transfer of such
This company owns a line from Wilmington, Del.,
to Read¬
interest; and in connection therewith a contract was secured ing, Pa., 72 miles, with the French Creek branch, 6 miles,
and
with reference to the division of the future
receipts from busi¬ the Rockland branch, 2 miles, making 80 miles in all. The two
ness of that road, the result of which, it is
hoped, will prove branches were completed last year.




JUNE

The

4,

THE

1881.]

earnings for the year Were as

Total

Floating debt—none.

follows :

«>«*

$231,627

-

Erases

$29,326
net $5,824.
and 30,961 new ties
were lail; bridges and trestles were repaired and 200 feet of
trestle tilled in. The road-bed was maintained and a new
freight office built at Wilmington. There were 104 freight
cars°rebuilt. Payments from net earnings were as follows :
Netearninsrs
— - $29,326
Net

earnings.

the gross earnings were $231,627,
During the year 600 tons of steel rails
In 1379

$3,227
14.021
6,272- 23,525
$5,801

redemption, branch bonds
buildings, sidings, etc
Cost of branches in excess of bonds sold

Interest and
■New

emducs,

Balance—

:

Minor

Comptroller of New Jersey.

from the official statements to the

DELAWARE & BOUND BROOK

RAILROAD COMPANY.:

{For the year ending Dec.
Capital stock paid
Bonded debt
Floating debt

in.'

200,000

31,1880.)

$1,652,000

v

1,652,000
80,000

.

$3,384,000

road and equipment
$3,136,036
The road extends from the middle of the river Delaware to
near Bound Brook, a distance of (double track) twenty-seven

equipment.
The road extends from Bergen Junction, N. J., to Sparkill,
N. Y., a distance of twenty-one and one-quarter miles.
It is operated by the New York Lake Erie & Western Rail¬
road Company under a contract, for which said company
receives sixty-five per cent and five fifty-sixths of its gross

earnings.

RECEIPTS AND EXPENSES FOR

1880.

$191,761
45,100
9,909

Income rroin passengers
Income from freight
Income from other sources

$246,771
Expenditures during year for working road,
Dividends paid during the year 1880 in cash

including interest $216,239
25,000

WARREN RAILROAD COMPANY.

{For the year ending Dec.

31,1880.)

branch from a point on the main line to
track, a distance of twenty and seven-tenths

miles.
It is leased to the Philadelphia & Reading Railroad Company
for 990 years, with its equipments, from May 1, 1879,
an
annual rental of the amount of the interest on its bonded

at
and
floating debt, and dividends on its capital stock at the rate of
6 per cent per annum for two years from May 1. 1879, at the
rate of 7 per cent per annum for two years from May 1,1881,
and at the rate of S per cent per annum thereafter for the
remainder of the lease.
RECEIPTS AND EXPENSES

1880.

FOR

$199,704

Income from passengers
Income from freight
Income from other sources

364,530
4,554

$568,789

Expenditures during the year for working road, including
repairs, maintenance of way, motive power and con¬
tingencies.
$303,045
Four quarterly dividends of one and one-half per cent
were

paid in the months of Feb., May,
NEW JERSEY & NEW

each

August and November.

YORK RAILROAD COMPANY.

(For the year ending Dec.

31, 1880.)

$2,800,000
147,982
Floating debt.
61,526
Cost of road and equipments
3,006,031
The road extends from Erie Junction, N. J., to Stony Point,
N. Y., a distance of thirty-six and one-half miles, of which
eighteen miles is in the State of New Jersey.

Capital stock paid in
Bonded debt

RECEIPTS AND

EXPENSES

FOR

1880.

*

$109,021
64,861

Income from passengers
Income from freight
Income from other sources

8,129

$182,012

Expenditures during the year for working road, including
repairs, maintenance of way, motive power and con¬
tingencies
$166,483
The New Jersey and New York Railroad Company was

organized April 3,1880, having bought the property, franchises,
etc., of the New Jersey & New York Railway Company, sold
under decrees of foreclosure, and have issued stock and bonds
above mentioned.
The entire property has been
and the earnings and expenses

$1,800,000

1,350,000

Bonded debt
Floating debt
Cost of road

13,171
3,150,000
The road extends from New Hampton to Delaware River, a
distance of eighteen and twenty-five one-hundredths miles. It
is leased to the Delaware Lackawanna & Western RR. Co.,
at an annual rental of 7 per cent on its stock and bonds.
.'

RECEIPTS AND

EXPENSES FOR 1880.

$31,901

Income from passengers
Income from freight
Income from other sources

451,843
6,283

Cost of

miles, and has a
Trenton, of single

as

operated as a continuous line,

above mentioned include the

$544,251

This road has no

Capital stock paid in

Railroads in New Jersey.

reports are

The following

$344,251

Cost of road
Cost of equipment

1!!!!!:!”!!!”!!!”I! 186,065

‘

Ea8f®ntserS
S cvcv:."v:.v::

611

CHRONICLE.

$490,027

Expenditures during the year for
repairs, maintenance of way,
tingencies

working road, including
motive power and con¬

GENERAL INVESTMENT
Alabama

$212,116

NEWS.

Southern—Vicksburg & Meridian.—A

Great

dispatch from Chattanooga May 31 to the Louisville CourierJournal says : “ It is rumored that Mr. Ford Wolffe, as finan¬
cial agent of the Alabama Great Southern railroad, has pur¬
chased the Vicksburg & Meridian and the Vicksburg & Shreve¬
port railroad, giving the Alabama Great Southern an unbroken
line from Chattanooga to Shreveport, a distance of over 600
miles. He recently purchased the Albany & Brunswick Rail¬
road.”
Boston Hoosac

Tunnel & Western.—This

road has been

Continental Construction & Improvement
Company, organized with a capital of $10,000,000, to continue
the road to Buffalo. Five per cent upon the subscription has
been called, and it is expected that the road will be built to
Buffalo as speedily as possible.
Cairo & St. Louis.—This road is to be sold July 14 by order
of the United States Court, when it will pass into the hands of
the bondholders.
Articles of incorporation of the new com¬
pany have been filed with the Secretary of State of Illinois.
It is to be known as the St. Louis & Cairo Railroad Company,
with a capital of $6,500,000. The corporators are William F.
Whitehouse, Lorenzo M. Johnson, S. Corning Judd, Edwin B.
Sheldon, Henry B. Whitehouse, James M. Hills and Eugene H.
Fishburn, of ‘Chicago; Casper W. Schaaf, of Louisville, and
John B. Loomington, of East St. Louis.
Cedar Rapids & Missouri River.—The annual report of
this company for the twelve months ending March 31, 1881,
shows gross earnings of $2,981,714, an increase of $238,972 over

turned

over

to the

length of road is 274 miles, making
mile. The income of the year
which was applied as fol¬
; drawbacks to other roads,
$48,587 ; interest on bonds, $252,9S0 ; interest on preferred
stock, $53,872 ; to payment of four quarterly dividends of one
per cent each, $274,oi6; leaving a balance of 176,736 to be
applied to the income account. During the year this company
urchased a majority of the capital stock of the Sioax City os
Pacific Road, which is now held subject to the executive com¬
mittee of this and the Chicago Iowa & Nebraska Railroad.—

the previous year. The
the gross earnings $10,881 per
from rental account was $815,550,
lows : Expenses and salaries, $9,358

Boston Advertiser.

Ga.,
Central
the
^NEW YORK & GREENWOOD LAKE RAILWAY COMPANY,
adopted
July
{For the year ending Dec. 31,1880.)
Capital stock paid in
$100,000
Central
Railroad
and
Bonded debt
.2,700,000
;
Banking Company, at the rate of $40 per share, and to the
Costof road and equipments
156,000 holders of the Southwestern Railroad Company stock at the
The road extends from West End, N. J., to Greenwood Lake, rate of
$32 per share, paid certificates to be payable at such
N.Y., a distance of forty miles.
time as may be determined upon by the board of directors; but
EXPENSES FOR 1880.
certificates to be called in until July 1, 1891; interest at the
Income from passengers
$67,596 rate of 6 percent per annum to be paid on January 1 and July
Income from freight
59,344
of each year.
income from other
6,511
Central Georgia—Port Royal & Augusta—Mr. Wm. M.
$133,452
Wadiey,
President of the Central Georgia Railroad, has leased
Tiipenaitures during the year for working road, including re¬
the Port Royal & Augusta Railroad.
pairs, maintenance of
motive power and eontinSeacies
$155,071
Chicago & Northwestern.—At the annual meeting of^ the
Chicago & Northwestern RR. Co. in Chicago, June 2, 255,353
NORTHERN RAILROAD OF NEW JERSEY.
?
shares, out of 368,150, were represented. Messrs. William T.
{For the year ending Dec. 31, 1880.)
Scott, Jay Gould, R. P. Flower, Anson Stager and Frederick
Capital stock issued!
$1,000,000 Vanderbilt were elected directors, the two latter in place of
Bonded debt
383,000
Sinking fund
17,000 Frank Work and D. P. Morgan. A quarterly dividend of
operation of the whole road.

Central of Georgia.—Press dispatches from Savannah,
that at a meeting of the directors of
Railroad of Georgia, held that day, a resolution was
that certificates of indebtedness be issued, bearing date of
1,1881, to the holders of stock of the

June 1, state

RECEIPTS AND

sources

v

-




way,

no

612

THE

CHRONICLE.

per cent on preferred and a semi-annual of 3 per cent on com¬
mon stock was declared.
At the directors’ meeting the follow¬

ing officers

HfrUOr-j

elected

President, Albert Keep; Vice-Presi¬
dent, Treasurer and Secretary, M. L. Sykes; Second Vice-Presi¬
dent, Martin Hughett. Executive Committee—Albert Keep,
Augustus Schell, A G. Dulman, Wm. L. Scott, Samuel A. Bar¬
ger, C. M. Depew and D. 0. Mills.
Chicago & Pacific.—Over a year since Robert Law filed a
bill in the Superior Court against the Chicago & Pacific-Rail¬
road Company to restrain it from mortgaging or
leasing its
road to the Chicago Milwaukee & St. Paul Railroad. At a
stockholder’s meeting it was voted to give the mortgage lease
in defiance of the injunction. A supplemental bill was then
filed making the Chicago Milwaukee & St. Paul
Company a
co-defendant. A demurrer was then filed to the supplemental
bill by the Chicago & Pacific upon which the
validity of the
mortgage and lease was argued. On May 28, Judge Jameson
overruled the demurrer, holding in substance that the
Chicago
& Pacific Company had no power to execute the
mortgage and
lease because a domestic corporation had no
authority under
the statutes of this State to lease its road to a
foreign corpora¬
tion. The question as to the validity of the stockholders’ acts
was not passed upon. The defendants were
given time in which
to decide whether they would stand by their demurrer or
pro¬
ceed to the trial of the case.— Chicago Inter-Ocean.
Chicago Pekin & Southwestern.—The Chicago Pekin &
Southwestern Railroad was sold at Chicago,
May 31, under the
second mortgage for $730,000, to F. E. Hinckley,
to satisfy an
indebtedness of $960,000. Mr. Hinckley represented the bond¬
holders. The Chicago & Alton and the Wabash railroad com¬
panies were unable to secure the road, and the stockholders
have filed
aside.

a

were

Chicago Texas & Mexican Central.—A press dispatch from
Austin, Texas, June 2, says : ‘‘A first mortgage bond and trust

deed of the

Chicago Texas & Mexican Central Railway Com¬

in favor of the Central Trust Company of New York,
amounting in the aggregate to $10,600,000, was filed with the
Secretary of State yesterday.”
pany,

Cincinnati
indebted to

Southern.— The Cincinnati Commercial
Secretary Tatem for the following :

Months.

January-

is

Gross

Net

Trustees’

Earnings.

Earnings.

Share

$55,390

$46,936

February

140.070

March.

04,818
100,307

Total

April

56,365

97,208

$220,510
94.228

173,929

$200,509
81.937

Total
$028,193
$320,744
$283,507
The great difference between the
gross and net earnings is
accounted for by expenditures for *■ maintenance of

way.”

ELiz ibetli City (N. J.)—The City Comptroller
published
alveitisement last week wh'cli contained the
:

an

following

The total amount of the debt to be adjusts 1
may be stated
as not to exceed
$5,400,000
The accrued interest thereon at 7
per cent to J uly 1, 1881...
972,000
The assets consist of—

Arrears of taxes
Arrears of assessments

Under

per cent for twenty-five year3 and 6 per cent for
years more under the same terms as above.

$510,000 \ Collectible amount

1,700,000 5

uncertain.

twenty-five

Bondholders desiring to accept either of the above
plans may
address the Comptroller, S. D. Bowers,
stating the numbar of
bonds they hold.

:

bill in the United States Court to have the sale set

[V^OL. XXXII.

East Tennessee Virginia & Georgia.—A special

meeting has
been called f6r July 29, at which the stockholders will
be asked
to vote on the following questions : A further issue
of stock
and bonds to meet new purchases and additions to the
propertythe purchase of the stock of the Alabama
Central; the purchase
of the stock of the Knoxville & Ohio, and the
endorsement of
the
extensioij bonds of that road; the endorsement of bonds of
the East Tennessee & Western North Carolina
roal, and
purchase of

the

part of those bonds.

a

Georgia Railroad.—The Georgia

Railroad stockholders have
Wadley, and instructed the Direc¬
$3 50 dividend on July 15 and $2 50 in October.
$2 50 per share will be paid-quarterly, making 10

ratified the lease to Wm. M.
tors to pay

Afterwards

cent yearly.

per
.

Houston & Texas Central.—The
following brief statement
has been furnished to the Chronicle
by the officers of this
company.
The fiscal year now ends with'December 31, and the
balance sheet for December 31, 1880, is here
given.
Gross
Year
Year

ending Dec. 31, 1880
ending Dec. 31, 1879

Earnings.
$3,741,000

Operating
Expenses.

Net

Earnings.
$1,733,677
1,431,913

$2,007,323

3,205,GS1

GENERAL BALANCE DECEMBER

1,773,771

31, 1880.

Construction & equip.'.$24,058,521 1 Capital stock.,
Real estate
983,170 Funded debt
State lands
5,490.825 State school fuud loan.
loar
sundry securities
558,981 Bills payable.
Materials aud supplies
340,310 Interest accrued
Bills receiv. and cash..
378,044 Pay-rolls, vouchers,&c.
Current accounts
213,500 Surplus
,

$7,726,900
15,234,500
292,786
1,731,045
99,010
330,030

0,015,184

$32,029,457 1

$32,029,457
No annual report has been published, but the Investors’
Supplement of June 25 will furnish a full and revised list of
the bonds.
International & Great Northern.—Seven miles of track
laid daring the week ending the 28th instant on the
Laredo extension of the International & Great Northern

were

Railroad, and twenty-five miles of track south of Sau Antonio
accepted by the company. Kentucky Central.—Mr. Ernst, late President, and a heavy
stockholder in the Kentucky Railroad, admits the faet that
proposals have been made by a broker on behalf of the Louis¬
ville & Nashville Railroad and a party of New York
capitalists
to buy the road for $3,099,000, but that the matter has not
have been

gone further.
Manhattan Elevated.—The World publishes the
following
table of the earnings and expenses of the New York Elevated
and Metropolitan railways from October 1, 1880. to March 31,
18S1

:

NEW

YORK.

ELEVATED—EARNINGS, EXPEN ES, OCT. 1, 1880, TO
31, 1881. "

Earnings
Expenses, 09 10
Net

..

.MARCH

$1,331,537
801,041

earnings

$530,496

dividend, 10 per cent on $0,500,000 stocks.
325,000
act of the Legislature, entitled “ An Less
Net 7 per cent on $3,500,000 bonds
297,500
act in relation to incumbered cities,”
approved'March, 1881, the Rent
5,000- 027,500
Common Council of the City of Elizabeth, N. J., at a
meeting
Deficit
held May 9,1881, by a three-quarters vote offered the
$97,004
following
p’ans and terms of settlement.
METROPOLITAN—EARNING8, EXPENSES, OCT. 1, 1880, TO MARCH 31, 1881.
Refund the face of the debt, say $5,400,000, for
fifty years, Earnings
$1,200,70 4
at the following rates of interest: 1 per cent for five
Expenses, G4'51.
817,170
years,
payable annually; 2 per cent for 5 years
rs, payable annually ; Net
earnings.
$449,534
3 per cent for 10 years, payable semi-annua
mally ; 4 per cent for Less dividend, 10 per cent on $0,500,000
325,000
20 years, payable semi-annually ; 5
Net
0
per cent on $9,700,000
per cent for ten years,
291,000
payable semi-annually ; average rate of interest, 3^ per cent. Rent of road
5,000- 021,000
A sinking fund of ^ of 1 per cent on the amount
of the Deficit
$171,405
bonds to be issued, to be raised each year
by taxation. When¬
RECAPITULATION.
ever $25,000 shall have accumulated in the
sinking fund, the
Manhattan Rail wag Compang Jror.i October 1,
Comptroller to advertise in one paper in Elizabefh and one Earnings and expenses 1830,
to Mavch‘3\, IsBl.
paper in New York City for bonds, same to be bought and can¬
Earnings
$2,598,241
celed.

authority of

an

Bonds to be dated

July 1, 1881, and to be of the nature of
5 20s, payable in fifty years and redeemable after five
years, at
the pleasure of the city.
Two-and-a-half year’s accrued interest to
July 1, 18S1, com¬
puted at 4 per cent per annum, to be issued in the form of non¬
interest bearing bonds, redeemable in past-due assessments
only
(the amount of assessments to which this issue of bonds is
applicable is $1,700,000 and a large amount of interest accrued
thereon).
The operation of this plan would be

as

follows

Valuation of real and personal
property
Municipal expenses

County tax
State, school and

assessors

Total

:

$120,000

$12,009,000

00,000
30,000

$210,009

Interest 1 per cent

Sinking fund, half of 1 per cent
This would require a tax

54,000
27,000—

291.009

rate of 2 50 for the term of five
years, unless reduced by an increase in valuation.
After five years an increase of $3,000,090 in the
valuation
would reduce the tax rate below 2’50,
notwithstanding
the in¬
crease of 1 per cent in the rate of interest, on
debt.
ALTERNATIVE PLAN.

Issue bonds for 50 per cent of the face of the debt and
pay 4




Operating
Net

expenses, 02 28 per cent

1,618,211

earnings

Dividend, interest and rental New York-Elevated
Dividend, interest aud rental Metropolitan Elev.

$930,030
627,500

621,000—1,248,500

Deficit, exclusive of taxes
“

Minneapolis & St. Louis.—The World

An

$268,470
has the

following:

agreement between the companies representing the fol¬
lowing railroads, to wit: Minneapolis & St. Louis, capital,
$3,200,000 ; Minneapolis & Duluth (White Bear Branch), capi¬
tal $290,000 ; Minnesota & Iowa Southern,
capital, $3,000,000;

and Fort Dodge & Fort
filed in the office of the

Ridgely, capital $9,000,000, has been
Secretary of State of Minnesota,# its
purport being the consolidation of the capital stock, franchises
and property of the parties of the second, third and fourth
part with those of the party of the first part, namely : the
Minneapolis & St. Louis, which now operates tne several lines
enumerated. The agreement is dated May 13, 1881, and the
consolidation goes into effect on the 1st of June.
It is
farther stated that the new company shall have a
capital stock

of $20,000, divided into 200,000 shares, of which not more than
80,000 may be issued as “ preferred,” the rest to be “ common.”
The directorate of the consolidated
company up to the first
Tuesday in October, 1881, is named in the instrument as fol¬

lows

:

W. D. Washburn, H. T. Welles, J. K. Sidle, W.

D. Hale,

June

4, 1881. J

THE CHRONICLE,

Pettit, A. H. Bode, W. W. McNair, R. J. Baldwin and
Hawkins, all of Minneapolis, with W. D. Washburn Pres¬
ident, A. H. Bode Treasurer, and M. P. Hawkins Secretary.
The instrument is signed by W. D. Washburn and W. D. Hall
of the M. & St. L.; Isaac Atwater and W. D. Hall of the M. &
D • John Martin and David Secor of the M. & I. S., and John
Martin & Isaac Garmol of the Ft. D. & Ft. R.”
n

H

M P.

Missouri Kansas & Texas—Missouri Pacific,

EJc.—A
of
its
article on the subject, “ Great G
d.” This Western style is
brief but forcible, and at the present moment it probably
Western newspaper, deeply impressed by the magnitude
Mr. Gould’s railroad combinations in the Southwest, entitles

expresses with tolerable correctness the prevailing sentiment in
Texas, Missouri, &c.
The lease of the Mo. Kansas & Texas to the Mo. Pacific Rail¬
road Company for 09 years was ratified by the M. K. & T.
stockholders at their late meeting, as reported at the time in the
Chronicle. The Missouri Kansas & Texas already had a lease
of the International & Great Northern Road, and in ad¬
dition to that lease holds nearly all of the International
stock, which it purchased by the issue of its own stock,
two shares for one.
No copy of the M. K. & T. lease to
the Mo. Pacific has been published, but from official sources
we learn that the lease is for 99 years; the Mo. Pacific is to

operate the M. K. & T. road and keep it in repair; the lessee
assumes no liability for mortgage interest, but is to apply the
net earnings of the road, after all the expenses of operating
and maintenance, to the payment of interest on the general
consolidated mortgage bonds and all prior liens, and pay over the
balance, if any, to the M. K. & T. Company, to be applied
to the payment of interest on the second mortgage income,
or ether bonds, or for
such other purposes as the board
of directors may deem proper. If there is any deficit in the
income, so that it is insufficient to pay the obligatory interest
on the mortgage bonds, the Missouri Pacific may, at its option,
advance the necessary amount to pay such interest, and such
advances will be a charge against the M. K. & T. Company;
or in case of failure to make such advance for a
period
of .six months after

interest becomes due, the M. K. & T. Com¬

pany is to be entitled to possession of the railway and cancel¬
lation of lease.
Although this lease is for 99 years, it
is understood that it is likely to be a temporary arrangement,
reliminary to a consolidation of the Gould properties of the
outhwest. The foregoing sufficiently explains the press dis¬

613

fiven foraccount
the company
for the
$291,117.
The suit
was for money
of carrying
mails.
United States
ue on

Pennsylvania Railroad.—The Philadelphia Press reports
Pennsylvania Railroad Company has made arrange¬

that the

ments for the issue of

a new

four per cent

loan to the amount

of $10,000,000, the

proceeds of which will be used to. pay for
the Philadelphia Wilmington & Baltimore Railroad stock. The
directors had power to issue stock for the full amount of the
purchase money—some $1.8,000,000—but they chose to raise
more than half that amount by loan.
The promoters of the
loan will be Messrs. Drexel & Co., and Messrs. Kidder, Peabody
& Co., who take it, it was privately rumored, at 95. The form
of the loan is a four per cent registered bond, running forty
years from July 1,1881.
Every year $260,000 of the bonds will
be drawn by lot, paid and cancelled. The Pennsylvania Rail¬
road Company will deposit as collateral for the loan 200,000
shares of Philadelphia Wilmington & Baltimore stock.
Petersburg Railroad.—Messrs. R. H. Maury & Co., of Rich¬
mond, Va., say in their circular that “the Court has directed that
the road, instead of being sold, should be returned to the stock¬
holders. The election of Major Myers as President assures con¬
tinued good and careful management.” * * “ The earnings
for the twelve months just ended were $307,000,
against $222,000
for last year and $196,000 for the year before. In April, 1881,
they were $53,000, against 21,979 for April, 1880, and the cash
Receiver’s hands

on the 1st of the present month was
As the line is well located, with easy curves and
grades, it is operated at a minimum rate of expense, say about
50 per cent of its earnings. The debts upon the road, includ¬
ing the preferred stock and accrued interest, are something
over IJ2
millions, requiring an interest account of about
$120,000.
Without estimating for the large increase of
traffic business, which each year is sure to bring, and taking the
earnings as they are, we would have, after deducting one-half
for operating expenses and $120,000 for interest account,
$33,000 applicable as dividends upon the $1,000,000 of common
stock ; or, if business increases only next year as it did last,
there would be $118,000 for dividends—over 11 per cent.”

in the

$27,016.

Philadelphia & Reading.—At Harrisburg, June 2, the

Pennsylvania Supreme Court refused to grant the application
of Franklin B. Gowen and others for a re-argument of the
Reading Railroad case. No reasons were assigned. The stock
and bonds advanced on this announcement, and it is stated in
patch of June 2 from Palestine, Texas, saying that the Missouri Philadelphia that Mr. Bond and his board of directors will im¬
Pacific Railroad had leased the International & Great Northern mediately proceed to put forth their plan for the financial re¬
line for 99 years. This new3 was about two weeks old, as the lief of the company.
lease of the M. K. & T.. carried this road with it.
Richmond <fc Alleghany.—A deed from the Richmond &
The consolidation of the New Orleans Pacific with the Texas
Alleghany Railroad Company, conveying all their property,
Pacific, voted this week in New Orleans, is another important rights and franchises to Green and Bocock, trustees, to secure
step.
$4,000,000 of second-mortgage bonds was recorded in the
New York Lake Erie & Western.—The New York Lake Erie clerk’s office of the Chancery Court at Richmond, Va Wednes¬
& Western Railway Company have acquired control of the day. It is said that this deed was ordered two or three months
franchise of the Chicago & Atlantic Railway, extending from ago, pending negotiations with the Pittsburg Southern Railroad
Marion, Ohio, on the line of the New York Pennsylvania & people, to enable the Richmond & Alleghany Railroad Company
Ohio Railway, nearly to Chicago, and it is reported that the to build their road to the junction at the West Virginia State
company will at once complete the line to Chicago.
By an line. These negotiations are still pending, and will be reopened
arrangement with the New York Pennsylvania & Ohio Com¬ by the consolidated companies. It is understood that it is not
intended to put the bonds upon the market unless the Pittsburg
pany, the New York Lake Erie & Western will control the
connection ir ordered, but that it was necessary to record the
entire line to Chicago, thus securing a through route between
New York and that city. Messrs. Kuhn, Loeb & Co. confirmed deed before the consolidation takes effect, and becomes absolute
the correctness of this report, and said that on behalf of a on the 23d of June.—Baltimore Sun.
syndicate composed of themselves, Winslow, Lanier & Co., L.
Texas Pacific—New Orleans Pacific.—At New Orleans,
von Hoffman & Co., Woerishoffer & Co., Messrs. Ten Have &
May 30, the directors of the New Orleans Pacific Railroad held
Van Essen, of Amsterdam, and others, they have purchased a
meeting and voted a consolidation between that road and the
from the New York Lake Erie & Western Company an issue of Texas Pacific. The New Orleans Pacific is now
being built, and
$6,500,000 of new mortgage bonds on the Chicago line, interest it is expected that it will be completed and in running order by
on them being guaranteed by the New York Lake Erie & West¬
the first of September. The telegraphic report states that the
ern
Company, and being additionally secured by a pledge of stock is to be exchanged for Texas Pacific stock, share for
the gross earnings of that company and of those of the New
share, and thus another important step will be taken in the
YTork Pennsylvania & Ohio Company, on business derived from Gould consolidation.
the new line.
—The Texas & Pacific Railway Company have accepted forty
New York Pittsburg & Chicago.—A dispatch of June 1 to miles additional of track. Their operated line now extends 260
the New York Herald says that the Pittsburg Newcastle & miles west of Fort Worth.
Lake Erie Road, controlled by Mr. Delos E. Culver, of New
Toledo Delplios & Burlington.—Of the Dayton & South¬
York, and General James S. Negley, of Pittsburg, and the Pitts¬ eastern the Boston Transcript says : “ The first mortgage
burg & Western Road, controlled by Mr. Callery and others, bonds are to be called from subscribers and marketed for them
have been merged into one, forming a direct line to Youngs¬ according to the terms of the financial plan, the junior securi¬
town from Pittsburg, A new company has just been formed to ties to remain with the subscribers, and the amount paid on
combine and extend these two narrow-gauge roads. It is called the subscription is to be refunded.”
the New York Pittsburg & Chicago Railroad Company, and its
Wabash St. Lonis & Pacific.—The Wabash St. Louis &
line will extend from Pittsburg to Marion, Ohio, 200 miles.
This company embraces virtually the Pittsburg Newcastle & Pacific Railroad Company gave notice, some time ago, of its
Lake Erie and the Pittsburg & Western, although the two latter intention to withdraw its quota of cars contributed to the
will form an independent company under a new name. The fast freight lines oparating over the Lake Shore and the New
Under the arrangement formerly
officers of the New York Pittsburg & Chicago Company are : York Central railroads.
previous notice of from sixty to ninety days was required
President, James S. Negley; Vice-President, Delos E. Culver; made,
withdrawal. The number of cars contributed by the
Treasurer, Wm. N. Riddle, of Pittsburg; Secretary, James S. for
Negley. The board of directors is composed of United States Wabash was 2,000. It is understood that by August 1 all of
Senator John R. McPherson, of New Jersey, Mr. Charles Siedler, j these cars will be at the disposal of the Wabash, and will be
of New York, General James Robinson, of Ohio, and Railroad used for the transportation of Wabash freight over the Great
Commissioner in that State, F. W. Lockwood, Walter S. Gur¬ Western of Canada, instead of the Lake Shore road. Before
that time it is possible that the Delaware Lackawanna and
ney, of New York, Henry Day, of New York, Wm. A. Cole, Gen.
Western system from New York to the International Bridge,
Negley and Delos E. Culver.
on the Niagara River, will be ready for through traffic, and
Pacific Mail.—In the Court of Claims at Washington in the that it may be utilized by the Wabash for its New York outlet.
case of the Pacific Mail
Steamship Company against the United The short road from Lewiston to the International Bridge,
States, in which the Court had given judgment for the com¬ where connection is made with the Great Western, will be com¬
pany for $40,000, both parties appealing, and the Supreme pleted by the Lackawanna Company in a few days.—American
Court having sent back the case with a mandate,
judgment was Exchange.




,

THE

614

CHRONICLE.
COTTON.

Qlxt (JTcmxmcrcial jinxes.
COMMERCIAL EPITOME.
Friday Night, June 3,1881.

Trade, for this 3tage of the season, is exceptionally good; in
fact, it would seem that in some staples the autumn season has

already opened. Needed rains over a wide area have improved
the prospects for cereal crops, though in sections it is claimed
that they have injured cotton somewhat. There appears to be
no apprehension of disaster to mercantile circles from any
source, and the prospects of business for the remainder of
1881 are as favorable as could be reasonably expected.
The following is a statement of the stocks of leading articles
of domestic and foreign merchandise at dates given :
1881.

May 1.
bbls.

Pork
Beef
Lard

bales.

Tobacco, foreign
Tobacco, domestic.
Coffee, Rio
Coffee, other
Coffee, Java, &c....
Sugar

...

hbds.
boxes.

Sugar

Sugar

Molasses, foreign..
Molasses, domestic.
Cotton
Rosin

Spirits turpentine
Tar

Rice, E. I
Rice, domestic
Linseed

294

294

2,821

2,947

189,656
87,600
158,345
129,365
6,558
950,000
6,728
6,221

3,000

112,850
181,928
61,085

3,800
44,420
171,270
38,298

4,000
144,800
161,567
12,122

748
757

855

1,292

927
793

bbls
bbls.
bbls.

.

.

.bbls. and tcs.

Lags.

Saltpetre
Jute
Jute butts
Manila hemp

Rio- coffee has had

bales.

a

June 1.

21,561
1,802
38,193
23,199
36,633
103,049
80,657
130,051
54,452
6,844

No.

Hides

1880.

1.

30,740
1,847
44,140
22,820
35,393
85,791
09,800
170,277
43,792
0,844
1,004,000

hbds.
hhds.

Melado

1881.

June

15,740
0,050

101,890
11,500
1,800
62,000
2.300

980,062

5,000

6,800
96,500
10,500

56,292
5,068
60,787
27,347

32,735

3,500
2,250
31,250

Friday, P. M.. June 3, 1881.
The Movement of the Crop, as indicated by our
telegrams
from the South to-night, is given below. For the week
ending
this evening (June 3), the total receipts have reached 32,642

bales, against 36,851 bales last week, 42,415 bales the previous
week and 49,150 bales three weeks since; making the total
receipts since the 1st of September, 1880, 5,565,042 bales, against
4,763,116 bales for the same period of 1879-80, showing an increase
since September 1, 1880, of 801,926 bales.
69

Galveston

Indiauola, &c.

....

Tues.

Wed.

365

311

....

....

Thurs.

,706

Fri.

405

....

Total.

567

2,423

14

....

14

-

New Orleans...

422

2,410

1,923

1,524

135

1,648

8,062

Mobile

224

301

99

79

97

236

1,036

649

857

428

496

303

261

2,994

....

....

....

....

CO CO i>

363

•

....

Florida

Savannah

Brunsw’k, &c.

348

429

....

....

283

51

1,378

605

247

....

136

Charleston
Pt.

Royal, &c.

Wilmington
Moreli’d C.,&c
....

287

City Point,&c.

....

56

New York

•

.

•

118

24

•

....

....

592

1.097

-

•

•

241

90

1,124

....

Norfolk

2,055

5

5

198

746

118

....

1,023

5,942

342

478

284

75

619

....

....

Boston

628

....

410

850

401

395

Baltimore

300

115

14

380

500

141

1,058
2,684
1,450

....

1,274

78

439

661

3,577

6,371

5,376

3,905

6,351

32,642

Philadelp’a, &o.

1,125

Totals this week

5,482

....

5,157

For

comparison, we give the following table showing the week’s
total receipts, the total since Sept. 1,1880, and the stocks to-night
and the same items for the corresponding periods of last year.
1880-81.

1879-80.

Stock.

Receipts to
This

June 3.

Since

Week.

Galveston

51,350
1,200

25,900

New Orleans

fair movement, and holders have insisted

Mon.

Sat.

Receipts at—

21.000
5.000
43.076

1,300

[VOL. XXXII,

Week.

2,423

648,261
15,100
8,062 1,511,830
1,036 377,802
14

Indianola, &c..
Mobile
Florida

Since

This

Sep.

1, 1880:

20.357

Sep.

1881.

1, 1879.

1880.

2,075

458,390 43,399 10,740
7,695
3,370 1,455,328 164,299 115,907
511
348,9o4 10,549 14,891
20.13G
5,086
717,142 13,402 10,702
1,842
3,631
444,243 10,628
1,444
9,837
49
30,619
82
75,805
2,272
1,601
13
26,365
559,739 13,621 20,205
7,549
536
151,207
702
194,416 168,140 157,820
3,633
207,880 10,495 11,335
31
16,147
3,852
7,603
1,875
44,919 13,226 13,112
#

11

higher prices; fair cargoes quoted ll@ll%c. Mild Savannah
2,994
850,390
4,855
Brunswick, &e.
grades have been in fair sale, at about uniform rates. Rice has
2,055
612,076
continued in fair demand at about steady prices. Molasses has Charleston
Port Royal, &c.
5
49,955
been active and strong at 37c. for 50-test refining Cuba. Re¬
746
115,984
Wilmington
fined sugars have been in good demand at advanced rates.
M’head City,&c
118
30,127
Hards are quoted at 10/*i@10%c.; standard “A” 10@10^c. Raw Norfolk
638,141
5,942
478'
203,233
City Point, &c.
grades rule very strong, and are consequently quiet at 7 11-16@
New York
1,058
163,454
7%c. for fair, and 7%c. for good refining Cuba.
Boston
160,282
2,684
Kentucky tobacco has been very quiet, and the sales for the Baltimore
42,663
1,450
week are only 150 hhds.
Prices are firm, however;, lugs are Philadelphia, &c.
3,577
65,532
quoted at 4/£@6/£c-, and leaf 6/£@12c. Seed leaf, on the con¬
Total
32,642 5,565,042 23,674 4,763,116 459,018) 373,762
trary, has been quite active, and the transactions embrace an
In order that comparison may be made with other years, we
unusually large proportion of the crop of 1880. Sales for the give below the totals at leading ports for six seasons.
week are
upon

......

....

t

2,550 cases, as follows : 900 cases 18S0 crop, New
England, including seconds, Housatonic assorted, and Havana
seed on private terms; quoted at 6@llc. for fillers and binders,
and 15@40c. for wrappers; 600 cases 1880 crop, Pennsylvania,
15@l9c.; 150 cases 1879 crop, Pennsylvania, 12@25c.; 100 cases
1879 crop, New England, 15@20c.; 250 cases 1880 crop, Wiscon¬
sin, Havana seed, private terms; 300 cases 1880 crop, Ohio,
private terms, and 250 cases sundries, 9@18c. Also 750 bales

Havana, 85c @$1 15.

Provisions have shown

a

downward

speculation has been moderate.

tendency of late and the

Old mess pork closed at
$15 62/£@$15 75 on the spot, and $16 75 for new; July, August
and September options quoted $17, asked. Lard was
again a
trifle lower to-day, and business has been quite
slow; prime
Western on the spot closed at 10*97^c.; refined for the Conti¬
nent, ll'OSc.; June options sold up to 10’95c.; July, 10‘92^c.;

August, 10'92/^c.; September, 10*82^c.; seller year, 10*17^c.
Bacon continued dull but unchanged at 8%c. for
long, and 9%c
for short, clear; half-and-half, 9>£c.
Beef firm; city extra
India mess, $24. Beef hams steady at $24 @$24 50.
Butter
has latterly been quiet and closed lower. Cheese rules
steady
at 8/£@10c. for fair to choice
factory. Tallow has a fair sale
at 6^@6%c. for prime; stearine quoted at 13@13Mc.
In naval stores little or
nothing of importance has tran¬
spired; spirits turpentine closed strong at 37c. in yard;
strained to good strained rosins quoted'"at $1 90@>$1 97%.
Petroleum has been moderately active and about
steady at 8c.
for refined for export. Crude certificates have had a fair
spec¬
ulation and closed firm at 81 %c. bid.
Hops and wool have
been quiet, but uniformly steady.
There has been a better business in berth-room,
and rates
have been more uniformly steady. Petroleum charters have
been fairly taken. To-day grain to
Liverpool by steam, 3@
3/4d.; beef, 2@2s. 6d.; cheese, 15@20s.; bacon, 12s. 6d.@15s.;
flour, 10s. per ton; grain to London by steam, 4%@5d.; do. to
Barrow by steam, 3d.; do. to Glasgow
by steam, quoted 4%d.;
do. to Bristol by steam, 4%@5d.; do. to Cork for
orders, quoted
■4s. 6d. asked ; do. taken to Havre,
Antwerp or Rotterdam,
4s. l^d.; do. to Aarhuus, 4s. 3d.; do. to
Lubec, 4s. 6d.; refined
petroleum to the United Kingdom, 3s. 3d.; crse oil to Calcutta,
23c., and to Bombay 24c.




Receipts at—

1880.

1881.

Galvest’n,&c.

1879.

1878.

1877.

1876.

207

753

2,593

4,484

2,086
3,370

2,428
1,437

511

257

935

268

575

1,842
1,444

380

1,755

1,386

1,177

Charl’st’n.ifec

2,437
8,062
1,036
2,994
2,060

856

513

445

734

Wilm’gt’n, &c

864

95

108

596

129

116

Norfolk, &c..

8,085

3,003

1,053

6,241

1,598
4,025

2,399

All others....

6,420
8,769

2,103

1,359

1,564

Tot. this w’k.

32,642

23,674

11,089

12,380

9,390

10,456-

New Orleans.

Mobile
Savannah....

1,424
2,655

Since

Sept. 1. 5565.042 4763,116 4400,810 4208,484 3915,033 4028,470Galveston includes Indiauola; Charleston Includes Fort Royal, &o.;

Wilmington includes Morehead City, &c.; Norfolk includes City Point, <fcc.
The exports for the week ending this evening reach a total
of 66,636 bales, of which 37,029 were to Great Britain, 7,912 to
France and 21,695 to rest of the Continent, while the stocks as*
made up this evening are now 459,018 bales. Below are the

exports for the week and since September, 1, 1880.
Week Ending June- 3.

From

Exported to—

Exports

Sept. 1, 1S80. to June 3,1881.
Exported to—

from—
Great
Brit’n-

Galveston
New

4,001
11,591

Orleans..

Mobile
Florida

France
000

3,902

Conti¬

Total

Great

nent.

Week.

Britain.

3,710
0,707

2,007
.

0,217
22,200
2,007

France

293,014 51,123
820,028 302,012

80,530

24,774

197,998
198,428
57,140
305,599

37,800
00,299
1,444
2,850
34,504

Conti¬
nent.

101,011

Total

446,653*

1,470,589=
7,419 112,729

348,549

..

Savannah
Charleston*...

Wilmington...
Norfolk

1,547
4,219
......

8,770
4,336
3,010

New York

Boston
Baltimore.

-

....

4,447

Philadelp’a, Ac

000

....

......

......

7,517
1,238
......

.

1,103

.

.

.

1,857

9,004
5,457
••••••

3,770
7,298
2,010

000

0,017
500

352,138
98,005

J.02,034
58,050

209,239
212,809
11,222
7.597
100,104
2

*26,070
102

505,703

471,530
09,812
310,048
480.838
08,007
128,704
58,152

Total

37,030

7,012 21,005

00,036 2,504,170 514,877 1,085,114 4,104,167

Total 1879-80

00,330

5,073

73,127 2,308,321 349,188

7,15*4

•Includes export* from Port Royal,

803,338 3,520,847

June

THE

4,1881.J

CHEONLCLE.

telegrams to-night also give
ns the following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar figures for New York, which
are prepared for our special use by Messrs. Carey, Yale &
In

addition to above exports, oar

Lambert, 60

Beaver Street.
On

juke 3, at—

17,234

12,890

4,072

1,700

None.

None.
None.

1,450
None.

None.
Noue.
600

1,193

3,207

None.
None.

300

None.
None.

1,500

1,000

C&arleston

Savannah
Other ports

10,138
5,300
3,500

Total

37,872

Galveston

York

oo
00 O Ct>

00

~*/T> 05

8»

o

Foreign

® -

©

a> ® ct> ao

B-gs-g*

»

Stoclc.

§

I.

®

34,776

1,100

:£>*-toq

1,700
14,538

129,523
8,849
8,228
11,702
28,861

*5,669

162.471

li) O

6,000

42,601

1,700
2,400

w

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^ o.

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10

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09

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09 .

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15,533

9,679

3,630

392,235

66,783

tc
M

destination of which we cannot learn.
The speculation in cotton for future delivery has been more
acj-ive__and at times quite excited—during the week under review,
and there has been an important advance in prices. The reports of
excessive rains in the Southwest contained in the last Chronicle
were supplemented on Tuesday by accounts of severe hailstorms
in Texas and rain in the valley of the Mississippi River. Liverpool
accounts were tame until Wednesday, when an upward tendency
began to be shown, and the advance here was shared
more fully by the next crop.
Yesterday an active and
higher market at Liverpool caused some excitement. The

ports the

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May 28 to
June 3.

Mon Tues

Sat.

Ordin\v.$lb

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73s

^8

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Midd’g Fair 1*2716

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13316
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8
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13

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71,0
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day.

lb

ue*

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12

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87,6

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lb

103s

MARKET AND SALES.
SALES OF SPOT AND TRANSIT.
SI’OT MARKET

Ex¬

CLOSED.

Quiet
Steady at i,« adv
Firm

Quiet
« •

•

•

•

•

•

•

1

•

1

•

Spec- Tran¬

sump. ul't’h

port.

Sat.. Q’t&firmat ixead
Mon.

Total

Con-

241

200

106

sit.
....

Total.

FUTURE8.

Sales.

547

95,700

634

Deliv¬

eries.
200

day..
478

156

150
912
135

1,374
309

280
455

1,397

3,326

997

924

•

•

•

.

•

•

•

•

....

....

67,100

500

2,524 85,800
2,116 136,300
899 120,800

300
800
700

5,720 505,700

2,500

The daily deliveries given above are aotually delivered the day pr©
vlous to that on which they are reported.
.

The Sales

and

Prices

ing comprehensive table.

Futures are shown by the follow
In this statement will be frond the

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Includes sales in September for September, 621,400; Sept.-Oct. for
Oct., 946,500; Sept.-Nov. for November, 762,100; Sept.-Dee. for Decem¬
ber, 1,464,500; Sopt.-Jan. for January, 2,58S,900; Sept.-Feb. for Feb¬
ruary 2,372,700; Sept.-Maroh for March, 3,466,100; Sept.-April for
April, 2,595.800.
Transferable Orders—Saturday,
10*85; Monday,
; Tuesday,
10*85; Wednesday,10*95; Thursday, 11*10; Friday, 11.
Short Notices for June—Saturday, 10*82; Tuesday, 10*75@10*79;
Wednesday, 10*85; Thursday, 11*07; Friday, 11*08.
*

The following exchanges have been made duriny the week:
•07 pd. to exch. SiOO July for Aug.
pd. to exch. 300 June for Aug.
*08 pd. to cxeh. 200 July for Aug.
pd. to exch. 300 Oct. for July.
*35 pd. to exch. 300 Sept, for July.
pd. to exch. 200 July for Aug
of
The Visible Supply
Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s returns, and consequently
•12
*70
*06

brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (June 3), we add the item of exports
from the United States, including in it the exports of Friday only
'

5

Stock at Liverpool
Stock at London

bales.

1881.

1880.

1879.

1878.

902.000

776,000
44,500

597,000

832,000

41,250

12,000

948,000
209,000
4,000

820,500

844,000
232,750

33,000

45,700

638,250
121,250
2,750
42,500

46,000

op

daily market, the prices of sales for each month each day, aik
the
closing bids, in addition to the daily and total sales.




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TEXAS.

NX oil Tues

Sat.

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HM01
© © 0

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the official quotations and

NEW ORLEANS.

M<t

1

M

day of the past week.
UPLANDS.

M©

©

5,720 bales, including 1,397 for export, 3,326 for consumption,
997 for speculation and — in transit. Of the above, 1,192 bales
sales for each

I

M M

W

The total sales for forward delivery for the week are 505,700
l»les. For immediate delivery the total sales foot up this week

are

May.

©

MM

goods. To-day the market was variable, closing at some
decline under sales to realize. Cotton on the spot has advanced
materially, but the sales reported are smaller than of late.
Quotations were advanced l-16c on Saturday and again on
Wednesday. Yesterday the low grades were advanced %@%c.,
and the medium and better grades
with all stained cottons
marked up 5-16c. To-day there was no change and the trade
was quiet, middling uplands closing at 11 l-16c.

following

w

1

00

M 1—

ton

The

S

©©

made haste to cover outstanding contracts, and the
bulls were large buyers for the advance, owing to the
rapidity with which stocks were passing to consumption
and the very favorable reports from the markets for cot¬

to arrive.

:

1 @

to

bears

.

III

G'^S.
BmVjS
2 Si.'

& M^_i a*
^ co
9©®
o•

MM

©

Tues.
Wed
Thurs
Fri..

1

SSffiS

Gi

were

I

•

J

^6 £
•“*©^

®

S©01©- °S©3p
P M OC ©

M •—

®

M©

2

g*£.K
p
91 ^

M

®

W
200<x~~

•

® © ®

W

w

•

M©

^

GI

s«®g*

SFMj

w

l_j

g
» to

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®

580
None.
950

5'®
CD-® P

p.r

J—©
w

&®

g-g*
£3

s

»—'•

00 C3 ® M

PC
M

w

Total.

rii
*1

mf mt Qjsl
58--“

*

Leaving

Coast¬
wise.

France.

Mobile

New

Other

Great
Britain.

New Orleans

0Q

0D

Shipboard, not cleared—for

615

Total Great Britain stock.
Stock at Havre
Stock at Marseilles
Stock at Barcelona

88,300
4,600

5.750

50,000

THE CHRONICLE.

616
1880:

3 880.
3.000
43.800
18.000

1879.
3,000
28,500
34,500

1878.
7.000
43.500

2,290

1.250

11.250

780

770

1,750

Stock at other oonti’ntal ports.

10,900

14.4Q0

7,000

6,500
21,000

Total continental ports....

361,060

220,860

212,500

441,750

S*ock
Stock
Stock
Stock
Stock

at Hamburg
at Bremen
at Amsterdam
at Rotterdam
at

6.500

50,900
40.600
5,380

Antwerp

Total European stocks.. -.1 ,309,060 1,041.369
India cotton afloat for Europe. 303,000
342,000
Amer’n cotton afloat for Eur’pe 400.000
351.000
23.000
45.000
Egypt,Brazil,&c.,aflt forE’r’pe
Btook in United States ports
459.018
373.611
Stock in U. 8. interior ports..
71.606
67,764
United States exports to-day..
6,000
10,000
..
.

Total visible supply

64,000

880,750 1,285,750
290.000
220,000
212.000
247,000
15.000
11.000
254.223
236,770
21.787
20,6 40
3,000
5,000

[Vou xxxn.

bales less than at the same period last year. The
receipts at
the same towns have been 1,798 bales more than the same week
last year.
Receipts from the Plantations.—The following table is
prepared for the purpose of indicating the actual movement each
from the

Receipts at the outports are some¬
made up more largely one year
the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following. In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the out-ports.
week

plantations.

times misleading, as they are
than another, at the expense of

2.539,342 2,212,577 1,090.307 2,012,613

REOBTPTS FROM PLANTATIONS.

Of the aDove, the totals of American and other descriptions are as follow.-:
American—

Liverpool stock

.

Continental stocks:
American afloat for Europe...
United States stock
United States interior stocks.

.

.

.

.

691,000
263,000
400,000
459.018
67,764

6,000

United States exports to-day.
Total American

Week

527,000
154,000
351,000
373,611
71,606
10,000

471,000

645,000

204,000

378.000

247.000

212,000

236.770

Mar. 18

21.787

254.223
20.640

3,000

5,000

April 1

ending—

“

.1,386,782 1,487,217 1,183.557 1,514,863

East Indian,Brasil, dkc.—

Liverpool stock

.

London stock
Continental stocks
India afloat for Europe

.

.

.

Egypt, Brazil, &c., afloat

.

Total East India, &o
Total American

.

211,000
46,000
98.060
303,000
45,000
703,060

240,000
44.500

66,860

126,000
41,250
38,500

342,000

290,000

IS7,000
12.000
63.750
220,000

23,000

11,000

15,000

725.360

506.750

497,750

.

.1,886,782 1,4S7,217 1,183,557 1,514,863

.2.589,842 2,212.577 1,690,307 2.012,613
Total visible supply
7d.
Price Mid. Upl., Liverpool...
6i4=L
5is16d.
6iiied.

The above figures indicate an increase in the cotton in sight
to-night of 377,265 bales as compared with the same date of 1880,
an increase of 899,535 bales as compared with 1879 and an in¬
crease of 577,229 bales as compared with 1878.
In the preceding visible supply table we have heretofore only
included the interior stocks at the seven original interior towns.

As we did not have the record of the new interior towns for the
four years, we could not make a comparison in any other way.
That difficulty no longer exists, and we therefore make the fol¬

lowing comparison, which includes the stocks at the nineteen
towns given weekly in our table of interior stocks instead of only
the old

seven

towns.

We shall continue this double statement for

1879.

1880.

60.202
60.698

49.611 108.200 14!,612 231,047 237,314
53,419 93.690 131,463 206,120 277,992

54.283

47.393

78,514 116,879 259,223 260,519

8

44.851

15

40.187

37,323
35,910

85.696 107,005 252.495 249,879
66.579 91,966 238.556 237,401
60 718 87 291 220 936 218 800

25

22
“

lay

J

....

33 183

33 714

29

22.283

30,858

6

19,031

25,661

..

“

13

19,897

24.036

“

20

16.673

26,514

“

27

17.113

3

11.089

23.764
23.674

ine

Stock at Interior Ports

Receipts at the Ports.

1879.

1881.

1880.

1881.

47,729
45.535

78,962 204,154 204,211
71,546 186,658 193,949

49,150
42.415
36,851

59,249 176,157 175,316
51,429 161,453 158,248
42.198 143,241 132,471

32,642

37.570 130,635 123,342

Rec'pts from Plant'ns.
1879.

1830.

42,396

50,549
39,699

40,662 110.497
38,492 84,368
40,496 67,101

34,977
25,148

30,595
24,971

31 511

19 094

lS^St

14,076

11,615

8,165

7,600
8,853
7,882
6,461

1881.

68,996
54,101

33,080
35,278
14,135 30,517
11,812 25,347
5,559 11,074
11,068 23,513

The above statement shows—1. That the total receipts from the plantations since Sept. 1
1880-81 were 5,648,312 bales; in 1879-80 were 4,886,450 bales;

in
in

1878-79

were 4,432,728 bales.
That, although the receipts at the out-ports the past week
were 32,642 bales, the actual movement from plantations was
only 23,513 bales, the balance being taken from the stocks at the
interior ports. Last year the receipts from the
plantations for
the same week were 11,068 bales and for 1879 tney were 6,461

2.

bales.

Weather

Reports

by

Telegraph.—The weather

during the

past week has been fairly favorable at most points in the South.
In some portions of Texas they still complain of too much rain,
and of weeds.

Otherwise conditions

are

favorable.

’Galveston, Texas.—We have had showers

on five days the
inch and thirty-two hundredths.
We are having too much rain, but no serious damage has been
1381.
American—
1880.
1878.
1879.
Liverpool stock
527,000
bales 691.000
471,000
645,000 done ; in many sections the crop is grassy.
Average ther¬
Continental stocks
263,000
154,000
201,000
378,000
mometer 80, highest 89 and lowest 64.
for the month
Ramfall
American afloat to Europe....
400,000
351,000
247,000
212,000
of May, two inches and eighteen hundredths.
459.018
United 8tates stock
373,611
236,770
254.223
United States interior stocks.. 123.342
34,154
Indianola, Texas.—The weather has been warm and dry all
130,635
37,570
6,000
United States exports to-day..
3,000
10,000
5,000 the past week.
Accounts from the interior are'conflicting, but
crops generally are promising. The thermometer lias ranged
Total American
1 ,942,360 1,546,246 1,199,340 1,528,377
from 65 to 85, averaging 82.
East Indian, Brazil, die.—
The rainfall during the month of
] 26,000
211,000
249,000
187,00:>
Liverpool stock
May reached one inch and ninety-two hundredths.
London stock
46,000
44,500
41,250
12,000
Corsicana, Texas.—It has rained tremendously on four days
Continental stocks
98.060
66,860
63,750
33,500
the past week, the rainfall reaching four inches and forty-seven
India afloat for Europe
303,000
342,000
220,000
290,000
Much damage has been done, as work is suspended
45,000
15,000 hundredths.
23,000
11,000
Egypt, Brazil, <fcc., afloat
and weeds are growing so fast that they are becoming trouble¬
Total East India, &c
703.060
725.3C0
497,750
506,750
some. The wheat harvest has been interrupted, and unless we have
Total American
1,,942,360 1,543,246 1,199,340 1,528,377
dry weather soon much damage is feared. Average thermometer
Total visible 3upply
2,,645,420 2,271,606 1,706,090 2,026,127 77, highest 92 and lowest 63. Rainfall for the month of May,
nine inches and eighty-six hundredths.
The imports into Continental ports this week have been
Dallas, Texas— It has rained hard on two days the past
17,000 bales.
These figures indicate an increase in the cotton in sight to¬ week, the rainfall reaching one inch and fifty hundredths. We
night of 373,814 bales as compared with the same date of 1880, an are having too much rain. Reported damage to crop has been
increase of 939,330 bales as compared with the corresponding greatly exaggerated, but much is feared unless it stops raining.
date of 1879 and an increase of 019,293 bales as compared with Wheat harvest has been interrupted, and crops are grassy. The
thermometer has averaged 77, ranging from 63 to 92. During
1878.
At the Interior Ports the movement—that is the receipts the month of May the rainfall reached eight inches and thirtyand shipments for the week, and stocks to-night, and for the eight hundredths.
Brenham, Texas.—We have had hard rain on two days the
corresponding week of 1880—is set out in detail in the following
past
week, with a rainfall of one inch. We are having too much
statement:
rain, but on the average the crop is doing as well as usual for
Week ending June 3. ’81.
Week ending June 4, ’30.
the season. Weeds are growing so fast that, they are becoming
troublesome. Average thermometer 80, highest 91 and lowest
The rainfall during the month of May reached eight inches
64.
Receipts. Shipm'ts Slock.
Receipts. Shipm'ts Stock.
and twenty-five hundredths.
094
330
155
926
11,015
Augusta, G;i
10,256
Waco, Texas.—It has rained hard on two days the past week,
82
600
141
519
Columbus, Ga...
5,058
6,481
140
14.3
20
32
Macon, Ga
4,999
We are having too much rain.
1,462 the rainfall reaching one inch.
277
116
1,015
415
3,331
Montgom’ry.Ala.
4,912
Weeds are growing so fast that they are becoming troublesome.
201
93
3.360
37
107
Selma, Ala
1,562
Average thermometer 78, highest 90 and lowest 61. During the
753
1,852
7,644
32,222
Memphis, Term..
5,368
33,079
month of May the rainfall reached six inches and thirty-two
535
339
669
Nashville, Tenn.
1,233
7,729
8,324
a

time, but finally shall simply substitute
seven towns in the preceding table

the

the nineteen towns for past week, with a rainfall of

one

.

-

Total, old ports..

3,359

11,535

67,764

1,561

8,066

Dallas, Texas.
Jefferson, Tex...

115
26
360
552
19
94
10
102
117
150

197

2.783
1,058

12
40

318
90

100

3,223
1,160

737

884

1,968

321

515
215

..

Shreveport, La..
Vicksburg, Miss.
Columbus, Miss..
Eufaula, Ala....
Griffin, Ga
Atlanta, Ga
Rome, Ga

....

1,201
732
62

127

1,440

72

219

151
18
6
3

10,248

15

310
150

442
200

194
328

582
473

5,332
3,176

21,192
12,942

1,505

5,813
2,682

....

666

71,606
.

c

109
153

206

1,814
992

-

105

‘

7,698
2,365

hundredths.
New Orleans, Louisiana.—It has rained

on three days the
past week, the rainfall reaching twenty-one hundredths of an
inch. The thermometer has averaged 78.
Shreveport, Louisiana.—Cloudy and rainy weather has pre¬
dominated during the past week. The rainfall reached one inch
and ninety-eight hundredths. Average thermometer 79, highest

92 and lowest 66.

Vicksburg, Mississippi.—Telegram not received.

•

Columbus, Mississippi.—The rainfall during the past

week
Weeds
are growing so
5.754
2,420
During the month of
Total, new ports 10,184
11,359
55,578
5,429
11,530
59,029 May the rainfall reached five inches and twelve hundredths.
Little Rock, Arkansas.—It has rained on every day of the
Total, all
13,543
22,894 123,342
6,990
19,596 130,635
past
week except Friday and Thursday, and crops are suffering
This year’s figures estimate*!.
in consequence.
The rainfall reached forty-four hundreths of
The above totals show that the old interior stocks have de¬
an inch.
The thermometer has ranged from 62 to 85, averaging
creased during the week 8,176 bales, and are to-night 3,842
75. We had rain on seventeen days during the month of May,
Charlotte, N. C.*
St. Louis, Mo
Cincinnati, O....

2,766
5,873

•

*




752

36,650

reached one inch and sixty hundredths. ■fast that they are becoming troublesome.

THE CHRONICLE

1881]

June 4,

rainfall reached four inclies and sixty-nine hundredths.
The thermometer averaged 71, and ranged from 58 to 85.
Nashville, Tennessee.—We have had rain on two days the
past week, with a rainfall of fifty-seven hundredths of an inch.
The thermometer has ranged from 63 to 90, averaging 76.
Mobile, Alabama.—It has rained severely on one day, and
has been showery on two days, the past week, and the rest of the
week has been pleasant. The rainfall reached two inches and
and the

thirty-two

hundredths. We have had delightful showers this

week, and the indications are that they extended over -a wide
surface. The crop is developing promisingly. The cotton plant

looks strong and healthy. Average thermometer 78, highest 92,
lowest 65. Rainfall for the month of May, one inch and fortyfour

hundredths.

Montgomery, Alabama.—It has rained on four days the past
week, and the balance of the week has been cloudy. The rain¬
fall reached sixty-seven hundredths of an inch. .Average ther¬
mometer 77, highest 93 and lowest 64. Rainfall for the month
of May one inch and forty-one hundredths.
Selma, Alabama.—We have had delightfull showers on three
days the past week, and the indications are that they extended
over a Wide surface.
The rainfall reached seventy-seven hun¬
dredths of an inch. The crop looks strong and healthy. Aver¬
age

thermometer 78, highest 98 and lowest 60.

Madison, Florida.—The weather has been

617

the grower received 36s. for 280 lbs. of best Oomraoteo
cotton, which as a rule stands only *cd. below middling uplands at a time
when ‘‘fair Oomra” was quoted 5 hid. in Liverpool. Just now the latter
is 4316d. and “good Oomra” is worth 5d., whereas the
grower here gets
54s. for 280 lbs. of “good Oomra,” and early in the season, or say for
half his crop, he has been getting the equivalent of full a penny more.
Thus he has been getting the equivalent of 2d. more for his crop this
year than what he used to get teu or twelve years ago; and, with a full
crop, 3hid. on an average would pay him sufficiently well to make- him
sow a full crop, and even 3d. would not make much
difference, as it is
one of his rotation crops.
v
The question is, then, whether it would pay your American planters,
were rates to go down to 8e. or thereabouts—a
question which you will
be better able to answer than your obedient servant,

years ago

C. Flemming.

Jute Butts, Bagging, &c.—There has been

a

steady trade for

bagging and rather more inquiry has been shown. Prices are
unchanged, but no shading is being done as holders are asking
full figures. The sales aggregate 1,500 rolls, and the market
closes at 9%c. for 1% lbs.,

10@10^c. for

2 lbs. and 10M@llc.

for standard qualities. Butts are in good request, and orders
are in market for further lots.
The sales are some 5,000 bales
at fall figures, holders quoting 2 ll-16@2'Mc. for paper
quality
and 2%@3c. for spinning grades. The stock in Boston and New
York on June 1 was 51,350 bales, while 71,394 bales are reported
as on the
way.

warm and dry all
Planting is about completed in this neighbor¬
Comparative Port Receipts and Daily Crop Movement.—
hood. We have secured a good stand of cotton, and the crop
A
comparison of the port movement by weeks is not accurate,
looks strong and healthy. Tne fields are clear of weeds. Aver¬
as the weeks in different years do not end on the same
day of the
age thermometer 82, highest 95 and lowest 70.
Macon, Georgia.—We had fine rains on Wednesday and month. We have consequently added to our other standing
Thursday of the past week, and also a slight shower to-day. tables a daily and monthly statement, that the reader may
The crop has been suffering badly, and recent rains will do much constantly have before him the data for seeing the exact relative
movement for the years named.
The movement each month
good. Average thermometer 70, highest 88 and lowest 52. Dur¬ since
been
September
1
has
as follows:
ing the month of May the rainfall reached one inch.
Columbus, Georgia—It has rained on two days the past
Year Beginning September 1.
week, the rainfall reaching one inch and sixteen hundredths. Monthly
The thermometer has averaged 82, ranging from 70 to 90. The
Receipts.
1878.
1800.
1877.
1876.
1879.
1875.
rainfall during the month of May reached three inches and
333.643
98,491
45S.478
288,84-8
236,868
Sept’mbT
169,077
thirty-seven hundredths.
October..
968,31578,533
675,260
888,492
639,284
610,316
Savannah, Georgia.—We have had rain on four days the
Novemb’r 1,006,501
779,237
942,272
822,493
901,392
740,116
past week, on three of which light, and the rest of the week has
787,769
821,177
been pleasant. The rainfall reached seventy-eight hundredths Deoemb’r 1,020,802 956,464 893,661 900,119
57 L,701
618,727
689,610
500,630
647,140
637,067
of an inch. The thermometer has ranged from 64 to 90, averag¬ •January
572,728
February.
447,918
566,824
472,054
479,80L
449,686
ing 77.
476,582
261,913
303,955
340,525
182,937
300,128
Augusta, Georgia.—We have had heavy general rain on five March.
158,025
284,216
167,459
197,965
100,194
163,593
days the past week, which has been very beneficial to crops. April
110,006
84,299
The rainfall reached one inch and sixty-two hundredths. The May
190,054
96,311
63,939
92,600
crop looks strong and healthy, and general accounts are very Total
year 5,549,410 4,748,873 4,392,277 4,196.104 3,903.725 4,013,875
favorable. The thermometer has ranged from 65 to 89, averag¬
Pero’tage of tot. port
ing 75.
94-94
98-78
96'55
9667
95-77
receipts May 31...
Rainfall for the month of May, one inch and iliirty-five
statement
This
shows
that
up to May 31 the receipts at the
hundredths.
Charleston, South Carolina.—We have had rain on two ports this year were 800,537 bales more than in 1879-80 and
days the past week, the rainfall reaching fifty-three hundredths 1,157,133 bales more than at the same time in 1878-79. By adding
to the above totals to May 31 the daily receipts since that time,
of an inch. Average thermometer 76, highest 89 and lowest 62.
The following statement we have also received by telegraph, we shall be able to reach an exact comparison of the movement
showing the height of the rivers at the points named at 3 o’clock for the different years.

the past week.

.

..

..

..

June 2,1881, ana June 3, 1880.

New Orleans

Below

Memphis

Above low-water mark...

Shreveport

Above low-water, mark...
Above low-water mark...
Above low-water mark...

Nashville

Vicksburg

high-watermark

..

June 2,'81.
Feet. Inch.
2
6
3
19
10
3
2
20
39
3

June

New Orleans

reported below high-wate : mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
1871, or 16 feet above low-water mark at that point.
Overland Movement
be found

our

to

June 1—In

overland movement,

our

editorial columns will

receipts, exports and

con¬

sumption to June 1.
Cost

of

Raising Cotton

in

India.—The

following

we are very

glad to give because of the information it contains, althoug
we do not remember
publishing the quotation cited.
Akola Berar, East India, April 23,1881.
To the Editor

of the Xew York Commercial

and

Fin ancial Chronicle.

Sir:—The Manchester Examiner and Times bad sometime ago an
abstract from your paper quoting a passage from the Vicksburg Herald
regarding the present and next American crop.
The said paper says: “ Now, let us
firmly resolve to raise a 13-million
orop. The world can only stand such a crop once, and other countries
will have to
give up growing cotton,” or words to that effect.
The Vieksburg paper makes one mistake there,
seemingly. Omitting
tho question of
price, and assuming that it interests you to know down
to what rate it will
pay the Indian ryot, or peasant, to grow cotton, I

address this letter to you.
Practically, it matters little what the price is; for, as I am assured by
intelligent agriculturists, the ryot will sow cotton in rotation, no matter
what he gets for it. His expenses are very small, and if he only covers

them he would be content.

However, he would

if others paid him better,
and the question is.
therefore, what would pay him sufficiently to induce
him to sow a full share of cotton 1
Now, since I came here into the Berar
or Oomraotee
districts, thirteen years ago, cotton has paid the grower
better and better year
by year, in measure as the profits of the buyer up
country, the exporter, the shipper, tho agent at home, etc., were more
and more cut
down, and this is a fact that you should bear in mind when
calculating upon driving Indian cotton out of the market. Thus, thirteen




of course reduce the crop

1881.

3^’80.

Feet. Inch.
5
7
15
11
10
5
9
5
3
23

1880.

1879.

1878.

1877.

1876.

Tot.Ap.30 5,359,356 4,633,867 4,307,978 4,099,790 3,834,786 3,921,275
8.
4.145
2,575
3,391
2,013
May 1....
3,097
“
8.
2....
6,451
2,707
11,062
3,561
3,551
“
3....
4,612
2,45c
7,496
7,161
1,675
4,906
“

4....

“

5....

“

6....

“

7....

“

7,317
4,854
6,798
6,174

8....

S.

“

9....

10,882

“

10....

8,079

“

11....

5,541

“

12....

“

13....
14....

“

15....

“

4,633

4,696

4,017
4,232
4,366
8.

8.

4,851
3,936

2,726
2,439

2,621
1,953

7,036
11,438
5,214

7,180
2,430
4,197
3,573
2,890

3,993

8.

3,150

1,771

“

16....

9,045

“

17....

8,631

6,630

“

18...

6,311

3.36S

8.

8.

4,211
3,161

4,303
2,718
8.

2,032
8.

5,164

4,062
3,851
4,257
4,836
2,925
8.

2,075

2,786

2.995

2,703

3,631

1,301

2,902
2,039
3,841
1,775

5.658

4,074

8.

“

21....

“

22....

8.

2,612
5,096
2,784

4,097
2,759
1,541

“

23....

“

24....

5,911

1,484
2,733

4,140
2,696
2,915
2,129
5,119

“

25....

1,999
4,913
2,643

8.

3,058

3,913
3,259

5.514

“

28....

5,432

“

29

...

“

30....

“

31....

2,592

8.

8.

5,157
*8,640

6,339

2,018
1,907
3,283

2,556

3.594

2,607

7,965
7,026

27....

8.

3,232

5.109

“

1,794

3,575
2,489

6,189

20....

26....

2,435

8.

7,008
2,484
4,642
3,478

2,644

19....

“

8.

5,213
4,187

3,098
4,761
4,694

4,167

“

8.

2,032

4,321
3,390
3,6iy

“

10,770
5,533
6,644
5,068
6,592

4,512

8.

4,072
2,800
3.192

2,553
2,545

8.

2,927
2,756
894

1,843
2,383
1,171
8.

1,503
l,79l
1,930

1,504

2.3S2
8.

8.

4,394

2,427
3,856
2,779
2,285
1,519
8.

4,062
1,999
1,552

Tot.My 31 5,549,410 4,748,873 4,392,277 4,196,104 3,903,725 4,013,875
8.
2,694
2,269
1,351
1,962
5,376
“
8.
2,002
2....
3,731
1,254
3,905
2,084
“
8.
2,044
2,359
3....
6,351
3,219
1,578

Junel....

Total

J5,565,042 4,759,547 4,396,323 4,200,732 3,906,330 4,019,499

Percentage of total
1

96-66
95-11
93 85
port r*»e> nt« June 3
*
A correction vf previous receipt j oi ^,260 utucs

96 7i

auded.

95-90

/

THE CHRONICLE.

618

[Voi. XXXIL

The Exports of Cotton from New York this week show a
This statement shows that the receipts since Sept. 1 up to
to-night are now 806,495 bales more than they were to the same decrease, as compared with last week, the total reaching 7,298
day of the month in 1880 and 1,168,719 bales more than they were bales, against 11,888 bales last week. Below we give our usual
to the same day of the month in 1879. We add to the table table showing the exports of cotton from New York, and their
the percentages of total port receipts which had been received to direction, for each of the last four weeks; also the total exports
and direction since September 1, 1880, and in the last column
June 3 in each of the years named
India Cotton Movement from all Ports.—The figures which the total for the same period of the previous year:
Exports of Cotton (bales) from New York since sept. 1,1880.
are now collected for us, and forwarded by cable each Friday, of
he shipments from Calcutta, Madras, Tutieorin, Carwar, &c.
Week endingSame

enable us, in connection with our previously-received report from
Bombay, to furnish our readers with a full and complete India
movement for each week. We first give the Bombay statementfor the week and jTear, bringing the figures down to June 2.

Year

Great

JSriVn.

Conti¬

Total.

nent

Receipts.

Shipments since Jan. 1.
Great

Conti¬

Britain

nent.

This
Week.

Total.

Since
Jan. 1.

886,000
901,000
658,000
729,000

604,000 16,000
674,000 49.000
427,000 35,000

1881 8,000 26,000 31,000 207,000 397,000
1860 27,000 42,000 69.000 291.000 383.000
1879 3,000 6,000 9,000 186,000 241,000
1878 30,000 10,000 40,000 260,000 334,000

296421..PEenmglbarodk,,

May

594,000 36,000

regoing, Bombay appears to show a
According to the forej
compared with last year in the week’s receipts of 3,000
bales, and a decrease in shipments of 35,000 bales, and the
shipments since January 1 show a decrease of 70,000 bales.
The movement at Calcutta, Madras, Tutieorin, Carwar, &c., for
the same week and years has been as follows
decrease

11.

Liverpool
Total

6,301

Year.

Conti¬

Great
Britain.

Shipments since January 1.

1881
1880
1879
1878........

Total.

nent.

Conti¬
nent.

Great
Britain.

8.000

8,000

16,000

161.000

10,000

5.000
1.000

ld.OoO
1,000

11

Total

22 LOGO

60,0u0
7i.0uJ
3S.000

1,000
15,000

183,000
53,000

fjgp For the past few weeks we have omitted from the above table
<Calcutta, Madras, &c.,) this year’s weekly figures, as we found there
were inaccuracies in them as cabled to us.
We are, however, making
arrangements, under which we hope not only to prevent errors, but
also to greatly improve this feature of our report.’
new

The above totals for this week show that the movement from
the ports other than Bombay is
bales
than for the
same week last year.
For the whole of India, therefore, the total
shipments this week acd-since January 1, 1S81, and for the cor¬
responding weeks and periods of the two previous years, are as

follows.

EXPORTS TO EUROPE FROM ALL INDIA.

1881.

Shipments
to all

Europe
from—

18 80.

7,507

to Great Britain

June
1.

since

period
prevVus

Sept. 1.

year.

9,655

4,038 332,721 380,832
300 19,417 28,100
4,338 352,138 408,982

8,130

9,655

Havre
Other French ports

715

263

37

1,103

33,015
1,489

23,429

Total French

715

263

37

1,103

34,501

23,429

815
32

1,034

95

990

4,671

3,566

2,101

200

37,618
19,003
39,258

33,124
18,975
13,291

North. Europe

5,518

4,700

2,196

1,190

95,879

65,390

Spain, Op’rto, Gibralt’r,&e

1,600

667

2,737
1,578

1,909
3,406

1,600

667

4,315

5,315

Bremen and Hanover

Hamburg
Total

to

*

....

...1

Other ports.

100

All other

Total Spain, &c

The Following!

14,134 13,093 11.888

7,293 486,836 503,116

Receipts of Cotton at New York,
Bjston, Philadelphia and Baltimore for the past week, and
since September 1,1880:
are the

New York.

Receipts
front—

Th is
week.

Boston.

Since

Sept. 1.

This
week.

Philadelphia. f

Since

Sept. 1.

This
week.

Since

2,677 156,583

Virginia..

1,056 219.389

North, pts
Tenn., &c.

4,879

02,361
1,337 157,358

1,05S 163,454

Foreign..

1,887 117,105

2,129 54,356

3,987

7,220
3,391

616 101,190

2,827 228,364
m

...

m

„

m

r,

421

3,213
74

713

57,219

2,406

21,127

118
662

92,564

i‘,631

38,556

23,036

2,402

142,059
40,741

4

Since

8,205

^

4,847

.

i’,423

«

-26,185

.

Baltimore.
This

Sept. 1. week. Sept. 1.

N. Orl’ans
Texas....
Savannah
Mobile
Florida.
S.CarTina
N.Car’lina

822

19,338
132

129

1

This year. 10,082

*

4,046 384,356

2,203 80,606

5,530 228,936

Last year.

1

1.238 403.266

456 84.050

1,149 176.187

*

1879.

25.

623

Grand Total

Shipments this week.

18.

May

6,301

CALCUTTA. MADRAS, TUflOO-RIN, CARWAR. RANGOON AND KUURVCHEE.

.

May

Other British ports

BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.

Shipments this week.

Total

Exported to—

9,862

1,065,493.

•

•

•

0

•

-

11,017,273.

This
week.

Since
Jan. 1.

This
week.

Since
Jan. 1.

This
week.

Since
Jan. 1.

Shipping! News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached

34,000

604,000

69.000

674,000

427,000

are

16,000

224,000

9,000
15,000

85,000

898,000

24,000

615,000

61,559 bales.

Bombay
AH other p’rts.
Total

34,000

.1

604,000

138,000

This last statement affords a very interesting comparison of the
total movement for the week ending June 2, and for the three
years up to date, at all India ports.
Alexandria Receipts

and

Shipments.—Through arrangements

have made with Messrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the receipts
and shipments for the past week and for the coiresponding week
of the previous two years.
we

Alexandria, Egypt,

1881.

June 2.

1880.

1879.

Receipts (cantars*)—
This week....
Since Sept. 1

4.000
2,756,000
This
week.

Exports (bales)—
To Liverpool

2,000 232,7.50

Total Europe
A cantar is 98 lbs.

This
week.

Since

Sept. 1.

139,632

"25*6

2,000 372,382

250

To Continent

*

Since

Sept. 1.

1,000
1,584,000

3,20 i ,000

236.000

Th is
week.

171,994

1,000 168,000
76,500

457,994

1,000 241,500

This statement shows that the receipts for the week
June 2 were 4,000 cantars and the shipments to all
were
ai

Since

Sept. 1.

2,000 bales.

ending
Europe

to-night states that prices for twists have slightly improved, but
that shirtings are unchanged and that the market is quiet.
We
give the prices of to-day below, and leave previous weeks’ prices
for comparison:
1881.

Apr. 1
*4

44
*44
44

8
15
22
29

3Jay 6
44

44
44

13
20
27

d.
9
9
9

d.

CotVn
Mid.

Shirtings.

078 o
9k 6
8 978 6
8k® 9*8 6
858® 91-2 6
8k® 9 k G
8k® 9 to 6
8 k® 9 k 6

d.

s.

8

7k®7

-a)

9
9

8k® 9 k 6
June 3 h Sk® 9k 6




1880.

8*4 lbs.

R.

night of this week:

Total bales.

New York—To

Liverpool, per steamers Abyssinia, 1,123
Adriatic, 117—City of Berlin, 447
City of Brussels,
1,397....Erin, 581....Parthia, 132
To Glasgow, per steamer Furnessia, 300
To Havre, per steamer Labrador, 1,103
To Bremen, per steamers Hapsburg, 163
Oder, 477
Weser, 350
To Amsterdam, per steamer Pollux, 200

To Barcelona, per steamer Castalia, 500
To Mediterranean, per steamer Pontiac, 167
New Orleans—To Liverpool, per. steamers Ben

®8
®S

5k ®7
5 k a)l
5k®7
5k®7
5k®7
5 k-® 7
5k®7

d
9
0
0

8k
8k
8k
8k
8k
8k
8k

32s

TJp ds
d.
6

6*ig
6

Cop.

8 k lbs.

Iwist.

d.
11
11

10k
515ie 10k
5|ojr 10k
9k
57s
5%
9k
9k
578
51o16 9k
9k
Olic,

d.

Shirtings.
R.

®llk 7
®llk 7

d.

s.

4k®8
4k ®8
lk®8

d.
3
3
0
0

7
®l07s 7 0 @8
®10k 6 10k®7 10k
® 10k 6 9 87 9

®ii

®10k 6
®10k 6
® 10k 6
®10k 6

7k®7

7k

9

9

87

7k®7
7k®7

7k
7k

CotVn
Mid

Up Ids
d.

'

990

200
500

To Bremen, per steamer Koiu, 736
Boston—T-* Liverpool, per steamers Bavarian, 1,391

335

736

Cano¬
Olympus,

Illyrian, 1,142
Minnesota, 261
450
Worcester, 1
Philadelphia—To Liverpool, per steamers British Queen, 2,400
.Lord Clive, 1,700
pus,

—

...

Total

The

form,

are as

Bre- Amster

pool.
New York..
4,038
N. Orleans. 15,546
Mobile
4,793

Havre, men. dam.
1,103
990
200
1,619 1,568

ei5i6

Texas
Baltimore..
Boston

678

Philadelp’a

our

7,120
5,208
4,541
4,100

45.346

1,027

3.749

Rcval
and
Cron- Barcestadt. Iona.
500
950 1,026

1

4,100

usual

Hali¬

Total.

fax.

7,298
20,709

1

4,793
3,080

3,0S0

:

Savannah^

Total..,

!

follows:

Liver-

7

4,541

61,559

particulars of these shipments, arranged in

Charleston

6k

300

1,103

167
Lomond, 3,589
...Commander, 2,300...Explorer, 3,866...Federico, 5,791 15,546
To Havre, per bark Assyria, 1,619:
1,619
To Bremen, per bark Harzburg, 1.568
1,568
To Cronstadt, per brig Finnvid, 959
950
To Barcelona, per bark Maria Teresa. 1,026
1,026
Mobile—To Liverpool, per ship Flying Foam. 4,793
4,793
Charleston—To Leva!, per barks Abraham Skallo, 1,250 Up¬
land
Fjollstedt, 1,830 Upland.
3,080
Savannah—To Cronstadt, per bark Hesperia, l,7('hr Upland
1,700
Texas—To Liverpool, per ship Cumberland, 5,256
per bark
C. E. Robuihon, 1.864
7,120
To Havre, per brig Emily Watters, 1,027
1,027
To Bremen, per hark Gurtav Adolf, l,*z16
1,246
Baltimore—To Liverpool, per steamers Mikado, 3,572
Sr.
Albans, 1,636
;
5,203

7k
7k

G*3i6
8**16

4,038

•

To Halifax, per steamer

Manchester Market.—Our report received from Manchester

32s Cop.
Ticist.

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 Wednesday

1,700

1,700
1,246

;

736
1

4,540

200

5,730

1 61,5.59
300 bales to Glas¬

1,526

Included in the above totals from New York are,
gow and 167 bales to Mediterranean ports.

9,393
5,944
4,542
4,100

THE

4,1881.]

Junk

CHRONICLE.

619

Below we give all news received to date of disasters to vessels decreased; but towards the close of Tuesday’s market advices
of general rains gave a downward turn to prices, and they have
carrying cotton from United States ports, etc.:
PEMBROKE, steamer (Br.), before reported, from Boston for Liverpool, continued variable and depressed. There has been rather more
in collision with steamer Ganos. Most of the cargo of steamer
Pembroke has been forwarded from Boston by steamers of the doing in spring wheat, prices ranging from $1 20 to $1 22 for
same line.
A Naval Board of Inquiry, held in Boston, fully exon¬ No. 2
Chicago & Milwaukee. There seems to be no reason to
erated the masters of both steamers from blame for the casualty.
doubt that the prospect for this branch of the crop is good.
Isabel Craggs, bark (Br.), before reported on tire at Charleston, was
chiefly damaged by water. The cargo was nearly all discharged
and placed on end on the wharf. Outside of the water damage the To-day the opening was easier, but the close steadier ; No. 2
bales do not appear to have suffered much from handling. The
red winter, $1 24%@1 25 for June and $1 24@1 24% for July,
entire amount will no doubt be soon offered at auction, amounting
to some 1,810 bales.
and No. 1 white, $1 25 for J uly. A large line of No. 2 Chicago
Cotton freights the past week have been as follows:
spring sold at $1 19, and a load of No. 1 Duluth at $1 23.
Indian corn has been declining for nearly all grades, but the
Mon.
Fri.
Satur.
Tues.
Wednes. Thurs.
poorer qualities, under increasing supplies, have given, way
1104®14 llG4 3*4 1104®14 1164®14
Liverpool, steam d. 1164® *4
most.
Choice white samples have been best sustained. The
Do
sail...d. 532®732
532®>732 532®732 532'®732 B32®738
rains have improved crop prospects, but supplies now coming
hi*
V
V
lg*
Lj*
Havre, steam—c.
forward
are much smaller than one year ago.
hi
hi
hi
hi
*2
sail
c.
Do
To-day the
>
7i6®k}
7l6'a>l2
i6@hi
market was again weak, on the spot, and No. 2 mixed for July
Bremen, steam, .c. 716'3)12
Do
sail
c.
closed at 55 %c. and for August at 55 %e.
'A
©
■‘a
hi
hi
hi
hi
Hamburg, steam, d.
H
Rye has favored buyers, and yesterday prime Canada in bond
Do
sail.-.rf.
sold
at $1 11. Oats have materially declined, but the greatest
h,
hi
ks
hi
hi
Amst’d’m, steam.c.
reduction
in values has been for immediate delivery. To-day the
Do
sail...*?.
was
steadier for mixed, with No. 2 graded quoted at
market
516
516
516
5ie
516
Baltic, steam—d.
Do
sail
c. 932®19fi4
932®*964 ®32'®1®64 932®>1964 932® 19fl4 45/£c. for mixed and 47%c. for white, and No. 2 mixed sold at
44%c. for July and 44%@45c. for June.
The following are closing quotations:
we
the
have
following
Liverpool.—By cable from Liverpool,
Flour.
Grain.
statement of the week’s sales, stocks, &c, at that port:
WheatNo. 2
*

■a

....

....

....

....

....

....

....

...•

....

....

....

....

....

....

....

,

$ bbl. $3 10®
superfine
4 30®
Spring superfine
4 10®
Spring wheat extras.. 4 60®

3 60
4 60

Winter

May 20.

May 13.

68,000

55,000
3,600

Sales of the week
bales.
Of which exporters took ....
Of which speculators took..
Bales American
Actual export
Forwarded
Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American
Amount afloat.
Of which American

63,000
4,700
3,900
50,000

5,500
5,600

3,400
47,000
6,800
14,500
974,000

53.000

37,500
253,000

9,000
10,000
983,000
755,000
85,000
68,000
224,000

147,000

118,000

746,000
43,000

June 3.

May 27.

5,300

17,500
930,000
707,000
26.500

14,500
239,000
119,000

59,000
3,000
6,200
48,000
14,000
8,200
902,000
691,000
43,500
37,500
257,000
145,000

The tone of the Liverpool market for spots and futures each day of the

do XX and XXX...

5 50® 6 75
6 50® 8 25

6 00® 6 25

City shipping extras.
Southern, bakers’ and
family brands
South’n ship’g extras.
Rye fiour, superfine..

6 25® 7 00
5 35® 5 85
5 50® 6 00

Corn mealWestem, &c

Rye
Oats—Mixed
White

r

as

3 35® 3 40

p.m

?

J

Mid. Upl’ds
Mid. Ori’ns

Market.

?

5 p.m.

J

Sales

Spec.& exp.

Quiet
and

un¬

changed.

Fair
business.

515ig

515ig

8,000
1,000

and
firmer.

eiia

6

8,000

15,000

2,000

2,000

Friday.
Active

515ie

6

6,000
1,000

10,000
1,000

Active
and
firmer.

515i0

6

6

Thursday.

Quiet and
Steady.

Dull.

515i6

6

Wednes.

Tuesday.

6 hi

12,000
2,000

Futures.

Market,
5 P. M.

1
^

Weaker.

Dull
and
easier.

Flat.

Barely
steady.

Dull.
and
easier.

Quiet.

The actual sales of futures at Liverpool for the same week are given
below. These sales are on the basis of Uplands, Low Middling clause,
unless otherwise stated.
Saturday.

Delivery.
June-July
July-Aug

d.
53132

Delivery.
Sept.-Oct..

...6I32

d.
0I016

•

53132

6I32

Nov.-Dee

53i32

June-July
July-Aug

Aug.-Sopt
Oct.-Nov

53l32
53i32

...53i32
i6

6*8 ®3io
,.5i3ie

53132
52532

5i316
53*
534

I Nov.-Dee
j Dec.-Jan

6132
6*8

July-Aug
Aug.-Sept

Sept.-Oct

53i33

Dec.-Jan

Wednesday.
Dec.-Jan

52530
6I32
6332

June-July
July-Aug

Ail

r-m

/\v\f

C

Sept.-Oct

0
63,q

Aug.-Sept

....527,32

Oct.-Nov

June-July
Aug.-Sept

6*3
6310
6232 3*^

Sept.-Oct
Oct.-Nov
Nov.-Dee

-

ATT

_

6I39
1

-51316

r\ A

6332
52932

52732

July-Aug..
Aug.-Sept
Sept.-Oct

...

65.32
6732
6t 10

Friday, P. M.. June 3, 1881.

The flour market

opened the week quite firm, but latterly
prices have had a downward tendency. The export demand
fell off and supplies somewhat increased. Some favorite brands
from winter wheat are still scarce, however, and bring extreme
prices, giving an appearance of irregularity to the course of
values. Corn meal has become very scarce and is dearer. To¬
day the flour market was quite depressed, especially for the
opened the week quite buoyantly. The
reports of injury to winter wheat by drought (alluded to in
this column two weeks since) became so
general as to cause
much uneasiness from apprehension of a yield greatly




Cleveland......
St. Louis

1,733
22,674
2.076

1,105
5,365

Peoria
Duluth

bush.

bush.

25
57

56%
58
65
58
66
12

46
51

.

bush.

1880.

1881.

98,253
64,824

fe.

27.28T

68,056

1878.

1879.

bbls.

3,609,057

2,359,196

bush.

16,3 40,224
36,975,945
15,084,457

....

Barley,

bush.

from Dec- 27 to May 28, inclu¬

Total receipts at same ports
sive, for four years :

Total grain

Oats,

2,777.946 1,680,437
5,524.893 1,305,490

...

2,708,131

2,485,184

18,845,690

24,091,085

57,825,442

25.925,439
37,313,22i>
10,487,134
2,664,188
1,722,538

78,112,524

3,582,270
714,822

2,327,244
952,475

34,504,490
11,174,921
2,202,864
1,300,909

72.697,718

91,377,662

73.247,269

Barley
Rye

ports

(60 lbs.)
(32lbs.) (IS lbs.) (56 lbs.)
(56 lbs.)
202,013 1,431,141 1,082,480 34,943 12,216
245,385
21,600
82,391 34,500
8,546
450
38,290
263,113
303,405
3,479
97,460
2,500
16,479
15,500
26,250
23,980
5,653
201,228 11,178
353,820
693,900
1,370
5,150
235,650
8,050
13,450
293,850

Total
226,087 1,195,771
Same time ’80. 129,813 1,842,909

11,426,811

Comparative receipts (crop movement) at same ports from
August 1 to May 28, inclusive for four years:

Wueat

1880-81

1879-80.

1878-79.

bbls.

7,283,137

5,578,917

5,452,737

5,257,578

bush.

69,537,067
97,762,853
36,213,962

77,141,693
98,515,972
24,850,066

80,189,851
74,574,885
27,107,733

11,470.092
3,176,628

10,189,988

9,244,610
4,257,252

69,401,680
72,402,841
22,893,691
9,143,048
3,699,355

213,160.602

214,472,830

195,374,331

177,554.615

Corn

Oats

Barley

BREADSTUFF S.

low grades.
The wheat market

97.710

Rye

Friday.

J" uly-Aug

95,383

Milwaukee
Toledo
Detroit

Flour

6332 II July-Aug
’ Sept.-Oct
T11TIO Till
Q
‘1
I "\T
TA
June-July.. ,.6iio®332 I Aug.-Sept.. ..G316@732 | Nov.-Dee
O

Chicago

Oats

1 Oct.-Nov

June

/-? 1

At—

Wheat
Corn

Thursday.
tr

bbls.
(196 /6s.)

d.
Nov.-Dee

TUESDAY.

May
May-June
June-July

25*4

....®

Receipts of flour and grain at Western lake and riv
for the week ending May 28, 1881:
Flour,
Wheat,
Corn,

Fiour

Monday.

Aug.-Sept
Sept.-Oct

531s2

May-June
June-July
July-Aug

21
29

(From the “ yew York Produce Exchctnqe Weekly.'*)

Saturday Monday.

Market,
12:30

24

1 00
®1 12
....®

Peas—Cau’da,b;&f.

follows: '

Spot.

4312®
4612®

Barley—Canada W.
State, 4-rowed...
State, 2-rowed...

3 00® 3 20

Brandywine, &c....

1 15
1 25
1 16
47 ®
54 hi®
55
®
60
56 ®
63
®
1 08
®1

...

ending June 3, and the daily closing prices of spot cotton, have

week

been

5 25® 6 50

5 50 w 5 75
Winter shipp’g extras. 4 80® 5 25

®1
®1
®1
®1
®1

1 18

Red winter
Red winter, No. 2
White
Corn—West, mixed.
West. No. 2, new.
Western yellow..
Western white
South. yell’w,new
South, white,new

5 00

do XX and XXX...
Wis. & Minn, rye mix.

Patents

$1 12

Spring
Spring, No. 2

4 35

Total grain....

3,775,161'

-

.............

1877-78..

Comparative shipments of flour and grain from the sameports from Dec. 27 to May 28, inclusive, for four years:
Flour

Wheat
Corn
Oats..

1881.

1880.

1879.

1878.

bbls.

3,496,964

2,136,003

2,829,993 '

2,467,873-

bush.

18,335,650
30,281,647

20,311,259
27,983,078

11,813,423

16,627,801
41.803,672
8,797,092

1,909,116
969,228

1,500,753
814,783

1,892,759
1,137,557

1,465.655

63,309,064

69,544,101

59,329,718

62,185,390

Barley
Ryo
Total grain

....

Rail shipments
weeks ended:

Wheat
Corn
Oats

Barley
Ry

fetal

30,262,931
6,148,280-

1,339,714

from Western lake and river ports for the
TJ eek

1880.
Week

1881,

Flour

8,000.063

22,968,760

May 28,

May 29.

bbls.

146,841

75,808

bush.

290,445
742,468

84,133
482,318
959,915

842,952

43,717

38,911

34,444
44,304

1,958,493

1,605,114

1879.
Week

May 31.
102,369

1878.
Week
June\.

74,387

47,411

293,013
1,056,600'
631,085
10,14313,235

2.832,298

*.094,090-

866,739

1,331,730
557,347
29,071

THE CHRONICLE.
Hail and lake
Week

shipments from same ports for last four weeks:

Flour,

ending—
oots.
May 28.-.202,4**9
May 21... 174,690
May 14... 90,181
7... 122,553
May
Tot.. 4 wks.589,893
4 w’ks’80. .480,792

Wheat,

Corn,

bush.

Oats,

Barley,

bush.

bush.

bush.

2,140,805

2,747,331 1,070,312

2,812,814

2,374,9 44

2,006,625

1,668,638
2,380,943

2,081.328

43.717
53,802
27,381
47,987

948.608
374,961
439,243

9,041,632
9,171.856 2,839.127
6,256,424 11.229,993 3,091,627

including 1,314 to Great Britain, 969 to Madagascar, 96 to
British Honduras, 87 to Venezuela, 62 to Hayti, 60 to
Mexico, and
some minor shipments.
There was a good demand at agents’
hands for nearly all descriptions of brown, bleached and
colored
cottons, but stocks are so uniformly light that transactions
were in a measure restricted to
placing orders for goods to

Rye,
bush.
38.911
38.107

21.733
25,339

172.890 1 24,090
210,303 1 75,177

arrive from the mills.

.Receipts of flour and grain at seaboard ports for the week

Prices ruled firm, with

dency, and several prominent makes of brown

ended May 28:

tons

an

upward ten¬

and colored cot¬

advanced about 5 per cent.

Atlantic standard sheet¬
ings were marked up to 8/£c., and this advance was followed
New York
123,055 1 ,284,496 1,463,850 337,351 36,180 86,116
by other brands. Otis, Warren, Columbian and Haymaker
Boston
32,929
142,415
430
124,950 105,0-55
750
Portland
1,875
2,500
denims, and York ticks, were advanced, as were some makes of
2,275
Montreal
11.974
180,575
206,908 106,606
890
rolled
jaconets and flat-fold Cambrics. Print cloths were less
Philadelphia
637,100
17,745
600
423,100 117,300
1,000
Baltimore
24,070
787,725
165,300
1,500 active, but prices remain firm, on the basis of 4c. for 64x64s and
New Orleans
13,497
201,510 292,651 23,413
3 9 16@3%c. for 56x60s.
Prints, printed lawns, piques and
Total week
225,145 3,236,851 2,679,259 692,029 38.420 89,046 cotton
dress
goods were mostly quiet with agents, but there
Cor. week ’80.... 177,491 2,734,026 3,863,365 840,585 11,218 78,437
Total receipts at same ports from Dec. 27 to May 28, inclu¬ was a good business in fancy and staple ginghams.
Domestic Woolen Goods.—There was no material
sive, for four years:
change in
1881.
1880.
1879.
the condition of the woolen goods market. There was a mod¬
1878.
Flour
l>bls.
5,393,570
3,597,481
4,163,243
3.536,857 erate
demand for heavy fancy cassimeres and
suitings, and
Wheat
.bush. 30.370.017
25,104,080
34,186.545
30,048,307
worsted
were in fair request by the clothing trade.
coatings
Corn
37,890,758
54,505,635
46,563,976
47,3 i4,730
Oats
There was also a steady movement in
9,066,935
8,974,480
8,09b,3U
7.457,028
heavy cassimeres,
Barley
1,994.228
1,574.888
1,414,036
2,266,147
worsteds and overcoatings, in execution of orders placed earlier
Bye
818,917
674,275
1,58a,247
2,001,362
in the season, and the most desirable makes are still under the
Total grain
80,140,155
80,833,358
91,819,115" 89,118,174
control of orders, some fabrics being sold to the full extent of the
Exports from United States seaboard ports and from Montreal
season’s production.
for week ending May 28, 1881:
Cloakings were in irregular demand, but
a fair business was done in a few
Flour,
Corn,
Oats,
Wheat,
specialties. Prices of clothing
Rye,
Peas,
From—
bbls.
bsuli.
bush.
bush.
bush.
bush.
woolens
are generally
steady and unchanged. Low-grade
New York
64,168 1,307,4)2 1,890,092
1,000
8,265 13,482
Boston
80,343
30,365
191,005
repellents
have
received
more attention from intending buyers,
Portland
Montreal
resulting in a fair business; but the demand for Kentucky jeans
9,447
63,524
163,524 70.488
743,633
3,735
Philadelphia."
46,312
and satinets failed to realize expectations. Shirting
flannels
Baltimore
444,415
7,570
32,949
New Orleans..
were more sought for, as were horse
1,710
237,098
201,987
blankets, and some sales
were made to local and Western
Total for w’k 116,995 2,476,420 2,530,899 71,488
buyers; but the general demand
8,205 283,017
Same time’80. 118.465 2,045,778 2,646,185.150,300 82,710 132,294
has not yet set in. Carpets, worsted dress goods and shawls
The visible supply of grain, comprising the stocks in granary remained
quiet, but there was a freer movement ia both hosiery
at the principal points of accumulation at Lake and seaboard
and knit underwear.
ports, and in transit by and rail water, May 28, 1881, was as
Foreion Dry Goods were distributed in fair quantities
follows:
by
Wheal,
Com,
Oats,
Barley,
Rye, jobbers, but the demand at first hands was comparatively
In store at—
bush.
bush.
bush.
bush.
bush.
small, and few important offerings were presented through the
New York
1,402,991
486.076
527,501
31,331
32,344
Do. afloat (est.)
350,000
210,000
280,000
medium of the auction roc ms. The most staple fabrics are
90.000
39,000
5,000
15.000
7,000
Albany
14,000
30.500
Buffalo
mostly steady in price, and the lessened supply has caused
139,225
178,817
104,402
28,707
2.458
01iica*o
3,048,869 2,535,387 2,041,541
84,507
23,460
some goods to be held with rather more firmness than of late.
Milwaukee
1,789,135
9,549
70,383
133,006
11,173
At-

Flour,

Wheat,

bbls.

Corn,

Outs,

bush.

bush.

bush.

Barley,

were

Rye,

bush.

bush.

r

....

m

-

L* ij

hi
ill;
j

]
i

m

Duluth

1,137,000

Toledo
Detroit

424,164
201,267
40,000

Oswego
8t. Louis
Boston

;|j
m

265.675

Peoria

4,859
163,766
46,493
202,353
30,683

Indianapolis

174,100

Toronto
-

Montreal

Philadelphia
Kansas City
Baltimore
Down Mississippi.
On rail
On lake
Canal

69,919
697,869
104,160

1,000,133

5,000
296,389

Importations of Dry Goods.

51,0 42
7,171

16.409

35,000
528,769

94,875

9,295
17,836

3.629
138,639
156.955
96.900

213,127

40,912
151,385
428,228
1,093,819

6,904

577

30.000
2,102

2,806
25.976

598
300

....

.

929,752

"8*89

6,52*0

Tot. May 28, ’81 14.909,921 9,822.828 4,5*9.330
513,092
May 21,’81
16,561,830 11,233,009 3,721,218
737.502
May 14, ’81
16,277,622 11.047,188 3.154,761
856,326
May
17,656,198 11,879,961 3.190,602 1,091,775
7. ’81
18,526,123 13,034,769 3,161.200 1,276.178
April 30,’81
May 29, ’80
20,394,104 15,781,336 2,730,496 437.244

327,327
267,557
222,909

THE

DRY

233,360

GOODS

12,480

M

Flax Silk

P

Cot u Wool

gH

M
i
s
c
e
l
a
n
o
u
M
a
n
u
f
c
t
r
e
s
port. foreusmpt.
at

34,100

9,800

1,265,000

Total Ent’d

11,051

42,511

2,276,635
991,000

1

43,421

44,517

1,747,2G0

importations of dry goods at this port for the week
ending June 2, 1881 and since January 1, and the same facts
for the corresponding periods of 1880, are as follows:

665

48.000
71,353
5,008

The

the

Total

tOM

to

V|

m

o

400.353
339.587

x0*0*
©if*

TRADE.

There

during the past week a continued active demand
staple cotton goods by package buyers, and in

was

for the most

this connection the volume of business

quite satisfactory,
but otherwise the market was comparatively quiet, as is usually
the case betwen seasons. There was some inquiry at first hands
for hosiery and knit underwear, and a few large sales of these

goods were made to Western buyers, who are making shipments
by canal. Woolen goods were somewhat quiet as regards new
business, but there was a steady movement in heavy cassimeres,
worsteds, overcoatings, &c, in execution, of back orders, and
some attention was paid to flannels, horse
blankets, &c by
early buyers, who are about making preparations for the fall
trade. A fair average distribution of seasonable
goods was
made (in assorted lots) by jobbers, and a considerable
package
trade in cotton goods and printed calicoes was done
by a few of
the larger jobbers, owing to the scarcity of certain
descriptions
,

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Domestic Cotton Goods.—The exports of cotton

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during the week ending May 31




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