Full text of Commercial and Financial Chronicle : June 5, 1880, Vol. 30, No. 780 [Copy 1]

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MERCHANTS’

HUNTS

MAGAZINE,

gt SlfUtffeljJ jgUw Shaper,
COMMERCIAL INTERESTS OF THE UNITED STATES.
[Entered, according to act of Congress, in the year 1880, by Wm. B. Dana & Co., in tlie office of the Librarian of Congress, Washington, D. 04

REPRESENTING THE INDUSTRIAL AND

NO. 780.

SATURDAY, JUNE 5, 1880.

YOL. 30.

have paid off
804 millions.
If our revenues continue, during the
THE CHRONICLE.
remainder of this year, to show a surplus proportionate to
Hott We Pay the Debt
579 Imports and Exports for April,
1880
585 that of the
The Life Insurance Tax Bill... 580
past month, we shall have outstanding by the
U. S. Treasury Statement
585
Russia and China—The Im¬
Latest
Monetary
and
Commer¬
close
of
the
pending Conflict
581
year an aggregate debt only about two-thirds
cial English News
Condition of our Foreign Trade 582
586
Commercial
and
of
the
amount
Miscellaneous
The Fisheries Question Again. 582
outstanding August, 1865 ; in other words
News
587
Financial Review of May
583
we
will
have
The Debt Statement for May,
discharged nearly one-third of our indebted¬
1880
584
ness in 15^ years.
Then again, the interest'we have to
THE BANKERS’ GAZETTE.
General
Quotations of Stocks
Money Market, U. S. Securi¬
pay now is only about 80 millions ; when the war closed
and Bonds
592
ties, Railway Stocks, Foreign
the interest was 151 millions, showing a decrease since that
Investments, and State, City
Exchange, New York City
and Corporation Finances... 598
590
Banks, etc
date of nearly one-half in the yearly charge. Furthermore,
THE COMMERCIAL TIMES.
606
as the debt has thus been diminishing as population was
600 11 Dry Goods
Commercial Epitome
607
601 ! Imports and Exports
Cotton
605 1
increasing, the amount at present outstanding, less cash in
Breadstufts
the Treasury, is only about 40 dollars for each inhabitant of
the United States against 79 dollars in 1865, and the
annual interest per capita is about §1 60 against $4 30 in
The Commercial and Financial Chronicle is issued every Satur¬
burden lessened.

CONTENTS.

Since August, 1865, we

.....

%\w Chronicle.

day morning, with the latest news up to midnigl * of Friday.
[Entered at the Post Office at New York, N. Y., as second-class
mail

matter.]

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a

HOW WE PAT THE DEBT.

monthly statement of the debt of the United States,
issued this week and given in full in another, column, pre¬
sents no especially new features ; still, if the public were
not familiar with the remarkable changes in progress, it
would be considered a most surprising document.
Nearly
16 millions decrease in one month is the great fact which
it establishes. And yet this shrinkage of the debt has
become by its constant recurrence so commonplace a fact as
to scarcely attract attention.
There seems to be, however,
an
appropriateness in dwelling upon this subject for a
moment to-day, as it is just fifteen years now since the
exhausting war was closed which left us with this burden.
Besides, the facts carry with them quite a forcible com¬
mentary on some views • which are becoming altogether
too prevalent in this country of late.
Yery possibly some have failed to consider how fast,
and to what extent, our debt is being discharged and the
The

Digitized for 4FRASER


1865.

These

are

satisfactory facts and
evidences of ttfce great vitality o.

certainly

rightly claimed as
young nation.
To

very

carry on a war

peculiarly destructive

and within sixteen years from
its close to pay off, without apparent inconvenience, nearly
a thousand million dollars of the debt it left us with, evi¬
dently indicates great recuperative power. Some insist,
however, that this plan of gradual extinction should now
be changed; that we should not tax ourselves longer to
relieve future generations; that those who come after us
should be required to bear a portion of the burden.
We
do not believe a policy so opposed to all our traditions and
practice can ever prevail. A permanent debt means a per¬
manent army of officials for its management, permanent
and extensive systems of Custom House and internal taxa¬
tion; and as under our form of government all officers
(however much. we may oppose and regret it), will be
liable to change once in four years, ineffiency and cor¬
ruption necessarily become a part of every administration.
Already, in our short history, we have twice paid our
debt; it will be well to make this the third precedent for
future generations to follow.
What reason is there that
the progress made during the past fifteen years should
not be at least equaled in the future ?
We could dis¬
charge the remaining two-thirds of our obligations in
the next quarter of a century, without, to any extent,
checking our prosperity.
In this connection there is a very interesting difference
worth remembering which exists between the United States
and European countries.. They have debts constantly
increasing and we have a debt constantly decreasing.
And why is this difference?
Simply because we use
the revenues we raise, to pay our debt, while they spend
theirs in keeping up a standing army. And yet we have
for

more

than four years,

THE CHRONICLE.

580

advocating a large increase of
the army.
Some even desire the general government to
take the place of States and cities and enter upon police
duty. * This inclination cannot be checked too quickly. As
soon as we break over our traditional limits and begin to
give to this branch of the government service any wider
field than it has filled in the past, there is no restraint upon
its growth nor upon the burdens it will bring upon us. As
for the argument that we need an increased force as a
protection against foreign enemies, very few will claim that
there is any strength in it at all.
Let us pay our debt,
and let Europe keep her armies.
A long purse, as a means
of defense, is far better in these days than a large army and
in this country very many

an

exhausted

exchequer.

[Vol. XiX.

adopted. Furthermore, this change in the bill
prudent omission, practically, to put into effect the

has been

is

a

mischievous doctrine that a State may

constitutionally

rightfully lay taxes and licenses upon persons or
corporations of other States coming upon its soil to trade.
This subject is linked with that of regulating inter-State
commerce, and cases involving that right have arisen in
Maryland and Virginia. It is not in the present line of
discussion to dwell upon this; we mention it, how¬
ever, not only because—as we have already pointed
out—New York is the last State which can afford to
join in. retaliatory legislation against outside insurance
companies, but because confining taxation to our own
corporations is, pro tanto, a denial of the retaliatory
doctrine itself and a proper confining of taxation to the
and

jurisdiction of the taxing power.
The bill as signed was a fit one for veto nevertheless,
although much improved on the whole by its last revision.
The exemption of shares of insurance stock from taxa¬
tion (less than If millions in all) is a small matter, and
of no interest whatever to policy holders. Mortgages
on
property in this city are to have one per cent of their
interest stricken off, say six cents on each $100 of prin¬
cipal; not a very heavy apparent burden, but mortgages
which they hold covering property on the other side of
the Hudson are free, and as far as it goes the discrimina¬
tion is a motive to place loans within the charmed circle
of outside the State but within fifty miles of this city—
which is itself an absurd relic inserted in the general
insurance statute of 1853, that ought to have been taken
strict

THE LIFE INSURANCE TAX

The much-amended

bill for taxing

BILL.

income of life

companies, after having been hastily recalled
from the Governor for further revision in lieu of a veto,
was again sent to him among the pile of measures to be
disposed of during the thirty days allowed after
adjournment, and has been signed, taking effect imme¬
diately. As it now stands, it imposes a tax of one per
cent on all gross receipts, exclusive of rentals, of com¬
panies organized in this State, “ from persons residing in
this State or investments represented by or based upon
insurance

property situated in
for

an

this State.” Section 2, providing

annual return for purposes

of taxation, repeats

phraseology, and is thus no longer inconsistent with
section 1, as it was originally. Section 3 subjects to the out long ago.
“The gross amount of premiums, interest, and other
ordinary penalties of perjury, or of misdemeanor, any,
This still assumes
officer who makes a false return or neglects to income ” are the words used.
make any; makes any tax unpaid collectible by receipts to be income.
The word is defined to be “ that
gain which proceeds from labor, business, or property
suit, and adds the singularly harsh proviso that
of any kind ; the produce of a farm ; the rent of
the Supreme Court may issue an injunction restrain¬
ing the company from further doing business until the “houses; the proceeds of professional business; the
profits of commerce or of occupation,” &c. The old
tax is paid.
Section 4 provides for the continued
federal
war tax did not treat as income all that actually
assessment and taxation of real estate belonging to the
companies, where situated, for local purposes, but comes into a man’s possession, and the income of a trade
is certainly not the gross receipts of the business.
As
exempts their personal property and shares of their
stock from assessment or taxation, except as prescribed we have already pointed our, a material portion of
insurance
premium is consumed in getting the
in the present act.
retained out of collections by
The wording of section 1 might be more felicitous, but busiuess, and is
it is no longer vague, and no question can arise as the agent, never literally entering the company’s office
to what business is to be reached by the tax.
To this at all, but being entered as receipts on one side of the
extent, the bill has been improved. Another decided cash account and on the other side as expenditures. Is
change in it, which we consider on the whole an improve¬ it not rather an anomaly in taxation to make one pay an
ment, is that it is applicable only to New York com¬ impost on his expenses ? But if it be said that (although
panies, and not to all which do business in this State. the word is used) this law is not an attempt to lay an
At first, this seems like a discrimination against our own income tax and that a tax on gross receipts of corpora¬
companies, and so it is, in that they must pay a tax of tions would not be an unheard of thing, we admit it, for
it is a question of rate and of lightening of tax some¬
one per cent on premiums and interest collected here,
while outside companies go scot free as to the like where else; but there should be some attempt at uni¬
business.
But this discrimination, so stated, is not formity about it—let it be applied to all corporations.
more
marked than is that of
the entire
bill. The savings bank tax was at last killed; why select this
Besides, the companies here will not now have to one interest, already harassed on every side by legisla¬
pay the State of Ohio, under so-called “ reciprocal” tures, under the silly notion that a rich “company”
laws, $13,482 53, in order that this State may collect pays the taxes and “ the people ” get off with so much
three dollars and fifty-four cents from the single Ohio the less, and put on it a tax so unusual that it may be
company operating here.
This particular piece of folly, characterized as “gross” in several senses?
How much the tax will produce can only be estimated
it appears, was so bald that it was too much for even
the Legislature of 1880 after its workings were explained; rather generally, in the lack of separated items of
and that part of the case was taken out of the bill receipts. The total premium income is about 30£
by confining it to home companies; hence reciprocal millions, and if we assume 30 per cent of this
laws get no opportunity to apply, and the companies to be from New York business, the tax would
will pay the tax but once in this State, instead of having be $91,500; the total tax yield we should not put at
it re-levied upon them in every othef State where they above $150,000, although not pretending to be accurate.
do business, and where this sort of retaliatory legislation The Mutual, whlpse premiums in 1878 were nearly 40
this




“

“

“

4

June

per

THE CHllONICLE.

5, 1880. J

581

received in that year 13 millions ; having been crushed out, in 1876 and 1877 a series of
estimate as used just above, its premium successful campaigns broke the power of Yakoob Beg and

cent of the total,

by the same

restored the

province of Kansuh to China. A victorious
per cent the $54,645 paid in 1878 for all taxes, licenses, army was thus at the gates of Kuldja, and Russia was
&c.;by the same rule, the New York’s tax outlay would reminded of her promise and requested To retire. It was
be increased 18 percent, and the Equitable’s 23 per cent. the first time in centuries that China had so revealed her
Viewed in that light, the new law increases in a very spirit and her purpose as against a Western Power.
The result was the sending of an embassy to St. Peters¬
large proportion the tax burdens of the companies, and
it certainly does seem to us that $150,000 can be but a burg to negotiate for the retrocession of Kuldja. We can
small consideration to make it expedient for the State readily believe that different opinions prevailed in the
to suddenly abandon the policy of encouraging thrift by Russian capital as to the course which ought to be followed.
gentle dealing with institutions of this character—a The Czar, however, was in form faithful to his promise. A
policy which has been hitherto steadfastly maintained treaty was drawn up. Russia stipulated for a large money
during more than a quarter century, and has wrought indemnity for what she calls her “ act of grace.” She retains
according to the treaty the southern portion of Kuldja, in¬
good results.
cluding the mountain passes, which command Kuldja on
R USSIA AND CHINA—THE IMPENDING CON¬ the one hand and Kashgar on the other.
She obtains
FLICT
trading facilities in Chinese territory, and establishes con¬
The commercial world is just now taking considerable sular agencies in some of the more important of the border
She obtains also a rectification of frontier in the
interest in thfe quarrel between Russia and China.
It was cities.
hoped for a time that, through the friendly intervention of direction of Mongolia. Such in substance is the treaty
which was drawn up by the Russian government on the
some of the leading European Powers, friendly relations
might be resumed. Time, however, has not healed the one hand and Chung Fow, the representative of the
difficulty, and from our latest dispatches it would seem as Chinese government, on the other. Unhappily, the treaty
has not found favor in China.
The terms, it is said, are
if an open outbreak of hostilities were imminent.
The treaty remains unsigned,
The difficulty between the two Powers owes its origin too favorable to Russia.
to certain diplomatic transactions of last summer, connected and
Chung Fow, the too plastic plenipotentiary, is in
with the retrocession of Kuldja.
To enable the reader to prison and under sentence of death. Russia has protested
understand what then took place, and how the difficulty against this breach of the usages of civilized nations, and
arose, it is necessary to go back and consider the circum¬ has induced the Western Powers to join in representations
stances out of which grew the whole question of retroces¬ to save the disgraced envoy.
Meantime, however, Russian
sion.
A glance at the map will show the position and im¬ troops have been hurried to the frontier of Kashgar, the
portance of Kuldja. It is a town on the right bank of the Russian fleet in Chinese waters has been and is still being
lli, in the territory called Dzungaria, in Eastern Turkestan, augmented, and at the different points of danger the
and is near the frontiers of Russia and China.
The district Chinese are making large concentrations of troops.' Such
around sometimes takes the name of the town and some¬ is the situation of to-day, and such is the history of the
times takes the name of the river.
It is thus called lli or difficulty.
China is not what she once was.
There are many
Kuldja. In 1863 the Mohammedan population of the neigh¬
boring district of Kansuh rose against their Chinese masters signs—her present attitude towards Russia is one of the
and threw off the yoke. The contagion spread.
Kashgaria most notable—that she is undergoing a process of awakenspeedily followed, and Yakoob Beg threatened to establish 4ng. For some centuries, so to speak, she has been dormant.
a new and mighty military power in Central Asia.
In From causes which have been long in operation she is
1864 and 1865 the people of Kuldja yielded to the prevail- gradually arriving at a state of consciousness—a full
ing spirit of revolution, massacred their rulers, and set up knowledge of what she is and what she can do. Hitherto
one of their chieftains as king.
No sooner, however, had she has been willing to be bullied, and to submit to any or
they obtained what they considered liberty than they every dictation. Now she knows that she owns a territory
began to quarrel among themselves, a dreadful state of which for resources, compactness and extent is wholly
anarchy ensuing in what was then and is still one of the unequalled, that she has a population which is certainly
most prosperous and densely-peopled territories of Central scarcely under four hundred and fifty millions, that she has
a vast army of men, armed
Asia.
with the most approved
It was feared by Russia that Yakoob Beg might take ad¬ weapons and trained after the most approved principles, and
vantage of the opportunity which then offered itself and that fight when she may, north, south, east or west, she will
extend his authority over Kuldja, as he had already done be on or close to her own territory and not far removed
over the revolted cities and territories more to the east.
In from some convenient base. At the same time, it must be
1871 Kuldja was annexed and reconstituted as a Russian admitted, China has a powerful and dangerous enemy to
province under the title of Prilinsk. When the Russian contend against, if she comes into collision with Russia.
troops crossed over into Kuldja, information of the fact The population of Russia, it is true, is small as compared

tax

alone would be

over

$39,000, which would increase 72

.

duly conveyed to the Chinese Government at Pekin.
It was declared to' be a measure of necessity, and the
Celestials were assured that the town and territory would
be restored so soon as an army was sent to re-occupy it.
It is difficult to resist the conviction that this diplomatic
courtesy was the more willingly extended to the Chinese
that the prospect of their being able to re-occupy Kuldja
seemed sufficiently remote. • China, however, was much
stronger than she seemed. At the moment she was too
much occupied with the Taeping rebellion in the heart of
the empire to be able to attend to disturbances in her out¬
lying provinces. But the time did come ; for the rebellion

was




millions as against four
is scattered over a much
area.
wider
But her army is a much more perfect machine
than that of China; and she has besides what China has
only the first beginning of, a powerful navy.

with that of China—it is seventy
hundred and fifty millions; and it

But in addition to the force which

Russia may bring

rapid action in Central Asia, it will be easy for her by
means of. her
powerful iron-clads to blockade every

into

This latter is one of the contingencies for
which, in the event of war, we must be prepared—a con¬
tingency which, if it should arise, will be a mighty incon¬
venience to the entire commercial world. A complete
Chinese port.

THE CHRONICLE.

582

[VOL. XXX.

A com¬ here put up prices until every country in the world
crowded their goods upon us ; and for the moment we
plete blockade, however, is hardly to be thought of as
have relapsed into being, instead of the best, the worst
possible ; and a partial or qualified blockade would be
almost certain to lead Russia into difficulty with every market to be found.
This condition of our trade is, however, only tempo¬
maritime power.
Russia, it is understood, is not unwil¬
ling to reconsider the terms of the treaty ; and, although rary. The country is in a very different situation from
Russia’s great rival, Great Britain, can have no great what it was in 1873. The actual wants of our people
•desire to see Russia and China on friendly terms, it is still have largely increased, and they will go on in¬
possible that the common dread of a great and disastrous creasing as the year advances. But at the same*
time there was no real basis for the speculative
war may lead to the prevalence of wise counsels, and thus
^fco an amicable and. judicious settlement of the questions at values of merchandise which prevailed here a short
It was not to be wondered at that
issue. In any amicable arrangement which may be arrived while since.
when confidence replaced despondency, and a feel¬
.at, it is to be hoped that due regard will be paid to the
neck of the unfortunate Chung Fow, who has already ing of bouyancy prevailed, there should be a large gain
in our purchases from abroad.
It was natural that
differed enough for doing his duty.
depleted stocks should be! replenished, in anticipation of
growing demands upon them. It was natural also that,
CONDITION OF OUR FOREIGN TRADE.
with improving business and rising values, these demands
The large increase in our imports, which has been
should at first meet expectations. But the mistake was
no long evident,
is very forcibly illustrated in the to suppose that the demand would be unlimited; and
trade statement just
issued by the Bureau of that the rise in prices would be unchecked. How com¬
Statistics for the month of April.
For the first pletely
this feeling took possession of the public has now
time in almost three years the monthly imports exceed become
apparent, and the publication of the March and
iihe exports.
Taking merchandise alone, this excess April figures of our foreign commerce only confirms
for April is $3,850,648, while last year the exports were what was before known. The total
imports, which in
$12,205,761 above the imports. This change is not due, no month of the fiscal year 1878-79 were above
as one might suppose, to any diminution in exports; on
42J millions, opened 1879-80 with 41 millions in
the contrary, these exhibit for the month a gain of $16,July, advanced to 43 millions in August, to 44 millions
196,380 over last year’s figures. But the total imports in
September, to 47f millions in October, to 50£ millions
reach $74,388,S90, and are without precedent in the his¬ in
November, and to 59^ millions in December; fell off
tory of the country, being 3^ millions above the total in January and February to 55 and 55J millions respec¬
for March, which already was close on to the highest
tively, and then bounded up to 70f millions in March
blockade would be

amount

a

great injury to commerce.

reached previously.

able to study
the progress of this movement. To enable the reader to
do this at a glance, we give the total imports and ex¬
ports for each of the past twelve months.
Looking back through the year we are

Exports.

Imports.
1879-SO.

1878-79.

1879-80.

$
$
$
$
35,223,057 35,370,046 54,700,594 52,355,260
35,500,288 38,890,451 40,734,89b 45,095,081
37,001,429 41,287,507 47,724,180 50,931,850
30,954,081 43,082,709 59,242,019 58,080,9 08
37,412,032 44,224,878 58,134,907 05,444,055
37,429,897 47,789,142 05,507.989 87,733,999
38,254,537 50,407,271 70,103', 425 79,304,005
31,510,331 59,002,901 07,481,382 80,880,003
33,515,040 55,204,177 59,409,194 00,997,173
35,373,419 55,047,471 64,828,737 59,901,180
41,850,011 70,885,360 66^1o4, / 4b 77,350,703
42,130,101 74,388,890 54,341,862 70,538,242

May
June

July
August

.September
October
November
December

January

February
March

April

imports began to assume

opening of the new fiscal
year, and have almost constantly increased ever since.
For the ten months following that date they exhibit a
total excess over last year of $171,069,154.
It would be
impossible to express in any other way so briefly and
forcibly the situauon of our import trade to-day. Prices
have been steadily declining since the first of January,
tmtil now many articles are lower than they have ruled
for years, and yet there is no disposition to speculate in

large proportions with the

them.

Take Java coffee

as an

instance, wholesa’ing at

without anyone being found bold enough to
And why is this? Solely because we have

About 19c.,

buy it.
larger stocks, not only of Java coffee, but of other
like brands of coffee, than ever held here before.
Precisely similar is the situation of other articles, and
the result is that our warehouses are so overcrowded
with foreign goods, that instead of warehouse-men seek¬
ing business, it is a favor to get goods stored. Actual
-consumption has not fallen off, but a wild speculation




we

with this month

have stated above it is

we

arrivals

are

in

citement here.

evident that

decided falling
foreign merchandise. The present

may

off in the arrivals of

answer

expect to see a

to orders sent out

Had prices

remained

as

during the ex¬

they

were,

the

the same scale; and
state. The decline

with what result it is unnecessary to

therefore reasonable and

was

corrective, but with the sup¬

the greatly improved
and prosperous condition of the country, will soon begin
to absorb the surplus stocks now held, and trade may
then go on more steadily and satisfactorily.
ply checked, consumption, under

'

THE FISHERIES

Total for 12 months
442,240,023 610,840,929 714,490,592 795,272,645
ended April 80

This statement shows that the

74£ millions in April.

From what

imports would have continued on

Month.
1878-79.

and

It

does not seem,

QUESTION AGAIN

judging from present indications,

this
subject, without a fresh Conference and a fresh arrange-.
ment between the high contracting Powers.
The main
points of the controversy are so well known to all our
readers that it is hardly necessary to mention them in
detail.
By one of the provisions of the Washing¬
ton treaty, American fishermen secured
the privilege
of fishing in what are called the inshore waters off
certain portions of the coasts of the Dominion of Canada
and Newfoundland.
In return for this privilege it was
stipulated that the United States should admit from the
territories named, fish and fish oils free of duty.
In addi¬
tion to this return privilege, it was claimed by the British
and Canadians, that the United States should pay a sum of
It was
money amounting to fifteen millions of dollars.
ultimately decided by the Halifax Commission—a Com¬
mission appointed to fix the award—-that the United States
should pay for the privilege secured the sum of five mil
lion five hundred thousand dollars, and that this sum
should be paid in November of 1878.
Unfortunately, in

as

if there

were

to

be

any

permanent peace on

5^3

THE CHRONICLE.

5, 1SS0.J

Jwe

January of that year, the American fishermen, acting as ties who had been loaded up on speculative account, and hacF
they believed in the spirit of the treaty, appeared in For¬ held on tenaciously during the tight money of April, became

Bay and began to ply their vocation. Under the discouraged when prices further declined in May, and'
made haste to get clear of their load at the best rates
pretense that they were violating local law, by fishing on
Sunday, and by using the seine, which was prohibited for possible. An examination of the prices of many specu¬
stocks and also
of
leading classes of mer¬
the six months between October and April, the local popu¬ lative
chandise
in
January last; and towards the close of
lation fell upon the American fishermen, destroying their
nets and despoiling them of their draught of fishes.
Such May, shows that the decline in prices was, in many cases,,
is the difficulty, and such are the circumstances out of very severe; and there has seldom been a time when so*
which it grew.
great a fluctuation in the markets produced so few failuresThe whole affair, it will be remembered, was promptly among brokers or merchants.
The suspension of the
brought before the attention of Congress. Public feeling Philadelphia & Reading Railroad and Philadelphia & Read¬
ran high, and both inside and outside of Congress the pre¬
ing Coal & Iron Company, which occurred on Friday,.
vailing sentiment was that as the treaty had proved a May 21, gave the final coup to the situation, and after this
failure, it should be allowed to lapse, and the money should thunder-clap and its immediate consequences the financial
not be paid.
The feeling was all the more bitter that in atmosphere became somewhat clearer.
The money market was fairly easy throughout the
reply to the complaint addressed to the British govern¬
ment by Mr. Evarts, our Secretary of State, Lord Salis¬ month, and at its close money was offered on Government,
bonds as low as 2 per cent on call, the general range on all
bury, after making what he considered a full and satisfac¬
tory inquiry into the whole matter, refused to interfere, on classes of collateral being 2^(3}5 per cent. The city bank
tune

ground that the American fishermen had brought the statements for the successive weeks of the month show a.
trouble on themselves by the wilful violation of the local large gain in specie and legal tenders and a considerablelaws.
In these pages we have from the first deprecated decrease in loans and discounts.
Government bonds were particularly strong, on account,
anything like rash or intemperate action by way of retalia¬
tion.
We advised^ the payment of the money which was of the reduction in floating supply by the weekly pur¬
due m November, 187S ; but we insisted, at the same chases of the Treasury, and also, as to the 4 per cents, by
time, that every necessary step should be promptly taken the determination of Secretary Sherman to include these
to
bring about a more satisfactory arrangement. in the Government purchases. Railroad bonds of the in¬
To
this view of the matter we
still cling. We vestment class were firmly held.
The course of speculative stocks is referred to abover
attach less importance to the violent language or
resolutions of Congress than to the calm, firm, dig¬ and the extreme depression in prices was reached in most
nified and persistent course pursued by
Mr. Evarts. cases about the 25th of the month. The course of the
The difficulty
grew up under
him.
It is desir¬ stock market was more governed by speculative manipula¬
able that it should come to an end before the close of tion than it had been for many months previous, and the
the present Administration.
Let him put the case strongly bear influence was at times very heavy.
Foreign exchange ruled firmly throughout, and bank¬
but fairly, and the American people will support him.
ers’
We are not satisfied that we are
posted rates were advanced to 4 87 for 60-days’ bills?
altogether in the
and 4 90 for demand, at which figures they were held till
right and that our neighbors are altogether in the

the

wrong. But of this we are certain, that the
has proved a failure, and that nothing but its

treaty

the close.

following summary shows the condition of the New
Clearing House banks, the premium on gold, rate of
gation or a new
If Great Britain will not listen to reason, * it will be foreign exchange, and prices of leading securities andi
articles of merchandise, on or about the first of June in
an
easy matter to suspend the admission of Canadian
fish and fish oils free of duty and to re-impose the duties 1878, 1879 and 1880:
which were in force before the treaty.
By this means we STATISTICAL SUMMARY ON OR ABOUT JUNE 1, 1S78, 1879 AND 1880.
shall be able without any difficulty to compensate the fish¬
1879.
1880.
1878.

abro¬
arrangement will satisfy this country.

ermen

The

York

for their losses.

opinion, however, that such an extreme
course will be necessary. We have no reason to believe that
the government of Mr. Gladstone will be so unreason,
able as was the government of Lord Beaconsfield.
With the change of the ruling party in England there
has arisen a fresh opportunity for re-opening nego¬
tiations.
The whole question is engaging, while we write,
the attention of the Foreign Relations Committee.
We
can have no objection to their taking a firm and decided
stand; but it will be well if prudence mingles with their
counsels. Until the present government of England is
heard from, any attempt to formally abrogate or to sus¬
pend the action of the treaty would be premature and
It is not

our

t

unwise.

New York City Banks—
Loans and discounts

$ 273,216,400 257.272,800 234,049,400*

18,785,400
17,001,200
59,271,700
19.869.400
19,911,000
20,238,100
$ 262,762,600 225,754,000 199,867,900
47,248,000
41,791.400
Legal tenders
.f 22,547,400
16,128,450
4,038,300 14,282,225.
Surplus reserve (over 25 p.c.)$
Money, Gold, Exchange—

Specie

Circulation
Net deposits

$

$

4*2

Prime sterling bills, GO days..
United States Bonds—
68, 1881, coupon

68, currency, 1898
5s, 1881, coupon
4*28, 1891, coupon
4s of 1907, coupon
Railroad Slocks—
New York Central & Hud. Riv.
Erie (N. Y. L. E. & W.)
Lake Shore & Mich. Southern.
Michigan Central

Chicago Rock Island & Pacific

Illinois Central

...

The month of

May

was

characterized by a notable de¬

pression, both at the Stock Exchange and in the merchan¬
dise markets. The reaction from the great buoyancy of
1879 and the opening months of the current year, seems to
have culminated, as a



general rule, in May, and many par¬

Merchandise—
Cotton, Middl’g Uplands.$ fb.

3**«4*2
101

52*4d.
5JBi6d.
4 8734-4 88*2 4 83^-4 84%:

523j6d.

Silver in London, per oz

Chicago & Northwestern, com.
Chicago Milw. & St. Paul, com.
Delaware Lack. & Western
Central of New Jersey

FINANCIAL REVIEW OF MAY.

u/O

100

Gold

2 2>4

3® 5
4 @5
100

@4

3

Call loans
Prime paper

4 87

J

107%
*1223*
10334
106*2
103*8

105%

124*4

119*2

109%

32*a

27%
75*8
78*8

15*4
63%
t>6*8
112%
83%

ioc%
123

103*4
102%
109

97
78
190
102
89

108%
119

103%

101%

138%
87*4
63

53%

51%

53%
56%

56

60*4
52%

11" is

13%

69%
72*2

26

11%
322>38

32'S>38
43 2>48
Wool, American XX
$ lb.
505)18 c o
Iron, Amer. pig, No. 1.
ton. 22 002)23 00 18 505)19 00 161 05©1
08
1 05 5/1 06
1 20
Wheat, No. 2 spring.. .$ bush.
422>46
41*2@43%
532)55%
Com, Western mixed..
bush.
Pork, mess
$ bbl. 11 105)11 15 10 12 2)10 25 9 00@9 62%
-

The

statements of the New

banks in each 'week of

York City Clearing House

May were as follows:

NEW YORK CITY
New York City
Bank Statements.

—April

BANK MOVEMENTS IN MAY.

May 29.

May 22.

May 15.

May 8.

May 1.

$280,436,300 $281,137,700 $278,574,200 $272,250,800 $273,216,400
59,271,700
56,831,900
56,278.000
53.391,500
49,406,500
20,238,100
20,304,000
20,498,400
20,572,900
20,646,200
Circulation
252,572,200 258,323,000 261,075,900 258,325,700 262,762,600
Net deposits
22,547,400
21,669,500
19,229,300
17,257,100
17,014,000
Legal tenders
16,128,450
13,919,975
-10,238,325
6,067.850
3,277,450
Surplus reserve..
2 @5
2^@5
3@6
3@6
3@6
Range of call lo’ns
5 @5%
4%@5
5@5^
5<§.5%
5@6
Rate of prime pap.

Loans and disc’ts.

Specie

with

2

previous months, were as follows:
$6,232,600

$9,557,600 $4,389,450

1,177,450
55,979,310

31,734,495

7,169,849

8,687,178

45,510,360
1,608
10,153,020

$13,814,650

“

CLOSING PRICES OF

1,470

&

X....

107*8
107*8

109

107*2

106% 103*8

CLOSING PRICES OF CONSOLS

-May.
|

Cons’l for money.
I

108*2
109
109

®

4*2S

£
S3 %

oo

May.
g

0

5s of

995i6
995,6
995,6
99516
993,6
993,6

9.......
99* 16
10
11
99*16
12
99*16
13
995,6
14
15
99516
16
17
18
995,6
19
993,6

day.

i09%

11134
111*2
111*2
11158
104% 111*2
10478 111*2
8. '
105
105
105
105
105
105
S.
Holi

1095s

109*2
109*2
109*2
109*2

99116

20
21
22
23
24
25
26
27

993ig

10730

993lfi

28

107*8
109

4*23

30
31

109 *2

Highest..

4s of
1907.

of

1881. 1891.

99*916

105*8 11134 11130
105
11134 10934
105 *4 11134 1113s

99916
99*16

10178 Xl034 109*2

999,6
10934ii Lowest.... 979,6

106 7b 11134 1113s

Closing.... 99916 105*8 x1134 11130
Since Jan. 1

ib'934 Highest

...

101*2 109 78 106*4

table will show the lowest, highest, and clos¬

—April.

>

Mar. 31. Low. High. Apr. 30. Low.
104
*105
110
10>s
Albany & Susq’lianna * 108
37
45
49*2
Bos. & N. Y. Air-L. pf
50
50
69
75*4 *67
Burl. Ced. Rap. & No,
76*2
40
62 7a
5734
67*4
Canada Southern....
6d5g
18
18
243,
Cedar Falls A Minn
25*8
45
76 34
7438
85*2
Central of N. Jersey.
85
63
72
80
72
Central Paciiic
78 *4
15
20*4
20*4
24*8
Giles. & Ohio
2334
31
24*2
27*2
27*4
Do
1st pref
*30*2
17
2 3*2
2534 *21*8
Do
2d pref.
*2434
*107
115
103*2
108
Chicago & Alton
115
*125
127
122*8
pref. 1115% 124
Do
14934 xl23*2 113*2
Gliic. Burl, & Quincy.
148*2X123
66*2
753s
83*8
775s
Chic. Mil. & St. Paul. x82%
99
1053s 102
Do
pref. x10434 102
87*2
97
935s
92*8
963s
Chic. & Northwest...
Do
pref. 110*4 1077s 110*2 *108*2 105%
186
19434 192*2 181*2
Chic. & Rock Island. 190
22
41
31
30
Chic. 6t,L. & N.OrTns
41*2
4434
55
60% *57
Chic.St.P.& Minncap.
585s
61
74
80
76*8
Clev. Col. Cin. & Ind.
79
114
11334x110*2
Clev. & Pittsb., guar. 111*2 111
14
17
9*2
13*4
Col. Chic. & Ind.Cent.
16 *4
68*2
9438
86*8
8334
Del. Lack. & West’rn.
93 78
Railroads.

Hannibal & St. Jo
Do
pref.
Houst. & Tex, GUmt,.
Illinois Central
Indiana Bl. & West
Interna’l & Gt. No
Keok. & Des Moines.
Do
pref
Lake Erie & West....
Lake Shore
Louisville & Nashv..

37*4

72
81
109

1478




..

66*2
104*4
3034

83

39
10
30

30*2
1053a

32%

25%

10*2

7*2
5

pf
Memphis & Cha’ston
Metropolitan Elev... x!05*2
Michigan Central
93 *4
Mo. Kans. & Texas
Mobile & Ohio

68

35 *4
108 34
160

Louisv.N.Alb.& Chic
pf.

63
31
65

443s

23*2

115
85

39*2
92
89

33*e
19%

t Prices asked.

37*4
73*2
109*2
35
39
15
35
35 78

33%

22 7a

7258

63*2
4934
100*4

105*8

107*4

164*2

133
90
30
8

95

333s
10*2
6%
39*2
105

24

*22

27

19*2 *17*2
103*2 *105*2
124
125
78

*122

116*2
693s

102%
93 58

89*8
107*4
190*4

1093s
192
31
57

25
48
65
76*4
114 x*112
14
87

12*4
73*2

34

72*4

25*8
63*4

67

56

1053s

102*2

9
27
32

29*2

15*4

20*2

9
26

24
6
3 *

»*5
*20
23

97%
1203s

107*2
133

3*i
9*4
5*2
30*8
97'

"

27*2
8*2
5

*28

94*2
78*8
285s

89%

35%

28*s

90*4
3534

12

19*2| ,*13%

*19

2934

81
31 34

28

•

:3i*4

41
56*2
79
38
66

...

80

*

44%

39%

70

67%

79%

773i
43%
106%

45
109

47

104*2

2*2
3*8
7*2

6
2
35
35
19

2*4
40*4
35

19*4
33*2

Mining

34

..

35
20
20

*35

36

*33

9
*22

Maryland Coal
Montauk Gas Coal
New Central Coal
N.Y. & Straitsv. Min

Pennsylvania Coal... *210

*2

Mariposa Land & M.
Do
pref
Ontario Silver Min’g

Quicksilver Mining

tl8

..

Do
pref
Silver Clift Mining
Standard Cons. Miu’g
\
Various.
Boston WaterPowcr
Canton

22
50
35
107
190
3
3
35
15
71

334
26%

32

32

4....

5....
6
7....
8....
9.
10...
11....
12....
c

75%

81

76%

49
107

105

55
2
3

3%
5*4
238

7*4
3
29
35
15

29
*29

16*4
t30

34

29%
4*2
1%

4%
2
9
21

6
.

......

6
......

.....

28

20
•

111%
*55%
*45%

58*4

2%

.

90%

115

29
30
15
14

......

36

43%
106%

19

......

......

•

1215

201

200

*2

3%

2*2

*2*4

......

....

34
*12
*64 '

31%

4*2

3%
x25*2

5*2

34
13
68
5

9
48

29 %

15

11
53

10

i52
x27

29*4

78

86
104

xl07

xllO

37%
114%
1%

4130

27s

9

6*2

11

.

54

104

85*2

De¬
mand.

60

1....
2....
3....

30*4

56%

6%

60

803s

45*2

xllO

40%

117
2

2%

67*4

80%

105%
27%

111

111

112

108%
31*4

41*4

*110

238

230

1%

RATES) FOR MAY, 1880.

BANKERS’ STERLING EXCHANGE (POSTED

'

393s

6734

2

1212

85

87%

2*4

29

72

161

55
2

......

*64

t Prices asked.

Prices bid.

May.

31%
43%

-

161

Del. & Hud. Canal...
New York Gas
Orea’n R’y &Nav.Co
Pacific Mail
Pullman Pal. Oar Co
Sutro Tunnel

3

9*4

20
50
29
105
190
2 *2
3
34
12
60

5*2

..

3

534

37%

34
51
70
26

76

104*2

La Plata

Mining
Leadville Mining
Little Pittsb’g Min..

50%

26%
51*4

*2*2
63s
2%

3

*21
*12
*40

30

111
54
42

40%

119
tl20

42*4

89%

......

......

21%

119
120
20
16
60

34

113*4 tll4
59
57%
49*2
48*4
107*4 107

t22

23%
61%

35
71
30
80
159

76*4
88
*159

91%

2%
2%

Caribou Consol. Min
Cent. Arizona Min
Climax Mining
Colorado Coal & Iron
Consolidation Coal...
Deadwood Mining

Homestake Mining

+70*4

25%
70%

188

33
60
26

+50

160

57*2

49

*36

23%
45%

35*4
76%

57%
31*2
25*4

50*4

>

115

21

17*4
116*2

4538

111*4

106%

•

t 65

59*4

115*4
43%

52*4

118
20
15

25
69

124%

76
28

23
66
170
18

26*4

46%

*58

•

56

131

393s
14

120

1st pref.
165
37
St. Paul & Duluth
t39
65
Do
pref.
t69
42
St.Paul & Sioux City.
443,
76*4
Do
79%
pref..
Texas & Pacific
Union Pacific
89*2' 86*4
160
Un. N. J. RR. & Can
36%
Wab. St. L. & Pacific.
443s
64
Do
pref.
693s
Telegraph.
72
American District...
76
42
Atlantic & Pacific
x43 *4
Western Union
xl0634 104

*111*2

.

106%

32%
52
65%
163% *160
2934
26%

47
160
25
76
20

2630
703s
60%
118*2 *116

+45

56
79

pref.

75

30%

3430
763s
tlS9

190

117
119
25
20
63

108*4

52
122

52%

5434
24%
39*2
76*2

185
23*2
58*4

3 00

112*2

161

•78

A

,

107
x73

163

20
32
72

*40*2

\

130%
*112%
43%
46%
67*4
70*2

days.

4-89

4-86
s.

4*85%
4-85%

4-88%
4-88%

4-86
4-86

4*80

4-89
4-89
4*89

4*86
4-86

days.

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

4'86%
4-86%
4-86%

4*89%
4*89%
4-89%

4-86%
4-86%
4-86%
4-86%
4*86%
4-86%

4*89%
4-89%
4-89%
4*89%
4-89%
4*89%

..

s.
4-86

4-85

4-86%

4-89%
4-89%

4-86%

May..

De¬
mand.

60

60

De¬

May.

days.

mand.

25....
26....
27'....
28....
29....
30
31....

4-87
4-87
4-87
4-87
4-87

.

...

4*90
4-90
4-90
490
490

s.
Holi day....

Range

High
Low.

s.

4-87

490

4-85%

4-88%

4-90

4-87

MAY, 1880.
of the public debt as it
returns at the close of

THE DEBT STATEMENT FOR
The following is the official statement
appears from the books and Treasurer’s

business

on

the last day of May, 1880:
INTEREST-BEARING

Character

Author-

When

of Issue.

izing Act.

Payable.
1

92
75

*96
'

94*4
453s

York

*106
47*2 *36
56
67*4
52 34
63
18
56 7s
77*8
64
72

32

97
120

70
59

Bt.L.I.Mt. & So.,assd.
St. L. & S. Fraucisco.

107

5 25

20%

32

1097a

26

..

*

.

70*4
118*2

—

31*4

51*8

"

1

.

25%

53*2

180

-May. Apr.30. Low. High. May29.

136
117

41*2
63%
159*2
27

Rensserr& Saratoga

—May.
;High. May 29.

.

x84*2

31 %

38
76*2

Rome Wat.& Ogdens
St. L. Alton & T. H
Do
pref.

Do
Do

108%

x6S
129*2
112

24

Pittsb.Ft.W.&C.guar.

MAY.

RANGE OF STOCKS IN APRIL AND

Prices bid.

10934
10934
10934
110*4
110*2
110*2

Opening... 993,6

ing prices of railway and miscellaneous stocks at the New
Stock Exchange during the months of April and May:

Manhattan
Mar’tta & Cin. 1st
Do
2d

10934
IO934
10934

.

Dubuque & Sioux C

pref.

Ohio Central
Ohio & Mississippi...
Do
pref.
Panama
Peo. Decat. &E’ville
Phila. & Reading—

Excelsior

105*8 Ill
105*8 111
105*8 111
8.
105
11034
105
11034
105
11034
111
105

Lowest....

109*2

dav.

105*8 Ill
105*4 111

The following

*

1880-

8.

109*2
109*2
109*2

—

105%

Coal and Mining.
American Coal
Amie Consol. Mining

109

993l6
99516
99&ie
995,6 1047b 111*2
99~ic 105*8 I1134

111 *2 109*2

11134
111%
Xl034
11034
11034

Northern Pacifie

15978
27*8

Wells, Fargo & Co

|

Holi
8.
105
105
105
105

71

Do
pref.
N. Y. N. H. & Hartf’rd
N. Y. Ontario & W...
Do
pref
>

Express.
Adams
American
United States

AND U.S. SECURITIES AT LONDON IN MAY.

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

10734

Open 10630 x0278 109*8
High 107*8 10338 11058
Low. 10638 102% 108 7s
Clos. 10650 103*8 1105e

8.

103

10734

..

S.
108 7a 107*8

..

.

Low. High.

.

..

107*8

103

107*2

.

10278

..

1
2
3
4
5
6
7
8

19
20..
109%
21
103*4
22
S.
23
1033s
24.. 107
25
26.. 107*8
110
27.. 106*c
28.. 106%
103*8 11050
29..
s.
30..
Holi day.
31

8.

..

coup. coup. coup. coup. 1898.

S'

109*8 10738

10638 10278
1063g
10630 10234

4s,
6s,
4*28,
5s,
68,
1881, 1881. 1891, 1907, Cur.

03

coup. coup. coup. coup. 1898.

1..
2
3..
4..
5..
6
7..
8
9
10.
11..
12
13
14..
15
16.
17
18..

1880.

GOVERNMENT SECURITIES IN MAY,

4s,
6s,
5s,
4*88,
6s,
1881, 1881, 1891, 1907, Cur.,

s

694.500

287,000
28,645,900
1,045
8,034,618

690.800

Bank stocks.. .shares

Railroads, &c.,

May.

April.

March.

February.

U.S. Govermn’t bonds
State bonds
Railroad bonds

Mar. 31.
108
Nashv. Chatt. & St. L. x 80
N. Y. Cent. & Hud. R xl35*e
New York Elevated xll7%
N. Y. Lake Erie & W.
455s
Railroads.
Morris & Essex

Do

the Stock Exchange, compared

The total transactions at

[Ver* XXX.

CHRONICLE,

THE

564

6s of 1880.. Feb.
6s,Or. War.. Mar.
6s of 1881.. July
6s of 1881.. Mar.
5s of 1881.. July

Inters Periods.

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

Amount Outstanding.

Registered.
$12,969,000

$3,064,000
747,050

J.&J.
J.&J.

118,471,100 1 42,943,600
13,737,900
50,069,250
291,978,050 196,870,650
79,701,200
170,298,800
527,921,400 211,513,300

Q.-F.
Q.-M
Q-J.

f

$1,171,707,600 $548,577,700
$1,41 3,100
14,00 0,000

$1,735,698,400

On the above issues of bonds there is a total of $2,890,785
over-due and not yet called for. The total current accrued

$16,013,402.

Coupon.

J.&J.

Aggregate of interest-bearing debt

date is

^

j

8,’61 Dec. 31, ’80 J.&J.

2,’61 July 1,’81
17,’61 June 30, ’81
3,’63 June30, ’81
14,’70 May 1, ’81
4%s of 1891 July 14,’70 Sept. 1, ’91
1907
4s of 1907.. July 14,’70

DEBT.

of interest
interest to

June 5,

585

THE CHRONICLE.

1880.]

[Corrected to May 27, 1880.]

INTEREST HAS CEASED SINCE MATURITY.
Tliere is a total of over-due debt yet outstanding, which has never
been presented for payment, of $8,134,965 principal and $830,556
interest. Of this interest, $698,330 is on the principal of called bonds,
which principal is as follows: 5-20s of 1862, $393,550; do 1864,
DEBT ON WHICH

1868,$114,550;
$874,150; do
10-40s
2,467,200;dodo1865,
1864, $2,889,300;
t68,250;
1865,of new,
$631,700; do3’s certs.,
1867,
$5,000.
DEBT BEARING

Old demand notes

JUne 0 ^2

Certificates of deposit
Fractional currency..
Gold certificates
Silver certificates....

$61,030

Foreign

74,388,890 542,580,432 616,846,929
Imports
$155,241,872 $178,425,716
Excess of exports over imports $
3,850,648
Excess of imports over exports

12,815,000
15,592,934
8,050,100
12,224,270

Mar.’ 3,*’63; June 30/64

$395,424,350

interest

7,777

Unclaimed Pacific Railroad interest

1879.—Exports—Domestic

RECAPITULATION.

12,740,318
10,315,499
914,65?
$54,341,86*2 $612,989,100 $714,490,592
42,136,101 371,511,278 442,240,623
Imports
Excess of exports over imports $12,205,761 $241,477,822 $272,249,969
Excess of

imports over exports

274,933

6,170,789

7,107,218

Total

$416,383

$14,182,393

$19,714,686

Debt, less cash in Treasury, June
Debt, less cash in Treasury, May

7,777

$19,742,521

$2,159,000,236
206,613,516

$1,952,396,719
1,968,314,753

1, 188<3
1,1880

Decrease of debt during the past moil ith
Decrease of debt since June 30,1879
5
Current Liabilities—
Interest doe and linnaid
:.
Debt on which interest has ceased
Interest thereon
Gold and silver certificates
U. 8. notes held for redemption of certificates

Cash balance available June 1,

$15,928,033

1880

74,820,536

$2,890,785
8,134,965
830,556
20,274,370
12,815,000

of deposit.

BONDS ISSUED TO THE

$206,613,516

PACIFIC RAILWAY

INTEREST PAYABLE BY THE

COMPANIES.

UNITED STATES.

Total.

Amount

Interest paid

outstanding.

by U. S.

$25,885,120

$18,016,680

Interest

repaid by
transportat’n

Balance of
interest paid

by U. 8.

4,805,703
19,238,182
1,213,808
1,254,431
1,122,350

$2,968,630 $14,399,777
2,435,497
2,370,205
7,590,593 11,647,589
1,159,259
47,621
1,245,064
9,367
1,023,953
98,397

$64,623,512 $45,651,155

$13,084,815 $31,911,141

6,303,000
27,236,512
1,600,000

1,970,560
1,628,320

bonds are all issued under the
1862, and Jtity 2,1864; they are registered bonds in the
The Pacific Railroad

acts of July 1,

denominations

$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.
of

IMPORTS AND EXPORTS FOR

APRIL, 1880.

[Prepared by the Bureau of Statistics.]

given the tenth monthly statement for the current
fiscal year of the imports and exports of the United States :
The excess of imports or exports of merchandise, stated in
specie values, was as follows :
Below is

April 30, 1880, excess of imports
Month ended April 30, 1879, excess of exports
Ten months ended April 30,*1880, excess of exports
Ten months ended April 30, 1879, excess of exports
Twelve months ended April 30, 1880, excess of exports
Twelve months ended April 30, 1879, excess of exports....

Month ended

The
bullion

of imports or
as follows :

excess
was

*

241,477,822
178,425,716
272,249,969

and

$725,643
2,452,655
76,296,825
Ten months ended April 30,1879, excess of exports
2,356,560
Twelve months ended April 30,1880, excess of imports.... 73,951,944
Twelvemonths ended April 30,1879, excess of exports
5,270,647
The total values of imports and of domestic and foreign
exports for the month of April, 1880, and for the ten
and twelve months ended April 30, 1880, are presented in
the following tables, all in specie values ;




17,108,588

20,849,812

$2,356,560

$5,270,647

MERCHANDISE AND SPECIE.

$69,792,802'$696,474,033 $796,737,086
13,250,245
1,161,823|

15,530,664

$70,954,625 $712,004,697 $814,987,331
75,530,916 633,059,£50 710,513,559
Imports
$78,945,047 $104,473,772
Excess of exports over imports
Excess of imports over exports $4,576,291
$55,764,637 $615,632,772 $719,962,317
1879.—Exports—Domestic
20,648,734
16,821,476
2,149,792
Foreign
Total
$57,914,429 $632,454,248 $740,611,051
43,256,013 388,619,866 463,090,435
Imports
$277,520,616
Excess of exports over imports $14,658,416 $243,834,382
Excess of imports over exports

statement showing, by customs districts,
the values of merchandise imported into and exported from the
United States during the month of April, 1880:
The

following is

a

Customs Districts.

Imports.

>.

$2,540,713

Baltimore, Md
Boston, &c., Mass
Brazos, &c., Texas —
Buffalo Creek, N. Y..

Domestic

Foreign

Exports._

Exports.

5,531,115
106,721
31,374
93,030
1,237,420
186,492
48,607
149,600
1,161,098
738,541

232,926
294,228
166,120
5,937
2,590
102,715
116,620
41,456
236,551
49,617 Not report’d
96,338
34,874
876,106
5,805
7,135
169,584
8,150,031
968,073
48,855,666 34,176,017

Corpus Christi, Texas
Detroit, Mich
Galveston, Texas
Huron, Mich
Key West. Fla

Minnesota, Minn
Mobile, Ala
New Haven, Conn...
New Orleans, La
New York, N.Y

213,654

Niagara, N. Y
Norfolk, &c., Va

Pensacola, Fla—

Philadelphia, Pa
Portland, &c., Me
Richmond, Ya

5,334.978

4,185,138

2,426,366
766

•

672

4,376
1,880
1,187

2,648

24,346
501,851

15,563

773,540
167,820
48,725
1,554,764

130
934

18,139
2,396
57,934

1,148,373

101,068
185,322
230,530
817,130

61

$74,388,890 $69,651,352

$886,890

430,832
391

6,991
265,096

Total

20476
36,525

27,245
309,264

390,712
9,990
11,458

Saluria, Texas
San Francisco, Cal....
Savannah, Ga
Vermont, Vt
Willamette, Oregon...
Wilmington, N. C.—
All other districts

691

91,285
163,010

497,634

102,485
352,389
45,310
1,655

Oswegatchie, N. Y—
Oswego, N. Y
Passamaquoddy, Me..

$381

$6,957,782

10,972,342

97

UNITED STATES TREASURY STATEMENT.
$3,850,648
The following statement, from the office of the Treasurer, for
12,205,761
155,241,872 May, was issued this week. It is based upon the actual

exports of gold and silver coin

Month ended April 30,1880, excess of imports
Month ended April 30,1879, excess of exports
Ten months ended April 30,1880, excess of imports

Excess of exports over imports
Excess of imports over exports

Champlain, N. Y
Charleston, S. C
Chicago, Ill

'

Union Pacific....
Central Br., U. P.
Western Pacific..
Sioux City & Pac.

$26,120,459

161,667,839
$206,613,516

Total
Available Assets—
Cash in the Treasury

..

$19,465,148

Total

*

..

$3,572,567
1,119,912
$2,452,655

Foreign

_

Central Pacific

7,908,416

Total

1880.—Exports—Domestic

$395,424,350

$2,139,257,715
,
Total
Total debt, principal and interest, to date, including
interest due not presented for payment
Total cash in Trcasnrv.
..

Kansas Pacific

6,505,977

TOTAL

15,592,934
20,274,370

Total debt bearing no interest
Unclaimed Pacific Railroad interest

Character of
Issue.

1,235,137

Imports

$18,904,187
830,556

$18,212,043

$12,959,171

$2,337,430

Foreign

interest-bearing debt
.. $1,735,698,400
8,134,965
Debt on which int.has ceas’d since maVr iiy
Debt bearing no interest—
346,742,046
Old demand and legal-tender notes—
12,815,000
Certificates of deposit

$
: $
725,643 '76,296,825 '73,951,944

1879.—Exports—Domestic

14,000,000

Fractional currency
Gold and silver certificates

imports $
exports

93,666,630

90,479,218

1,142,026

Imports
Excess of exports over
Excess of imports over

Total

$12,607,468

$8,011,604

$141,450

739.434.700
1,413,100

Navy pension fund

SILVER—COIN AND BULLION.

1880.—Exports—Domestic
Interest.

$242,001,900
488.848.700
250,000,000

Refunding certificates

$53,427,207 $602,673,601 $701,750,274

Foreign

Outstanding.

at 6 per cent
at 5 per cent
at 4^ per cent
at 4 p<Tr cent?

..

Total

Amount

Bonds
Bonds
Bonds
Bonds

..

Foreign

GOLD AND

Interest-bearing debt—

ed Apr. 30.

30.

$69,653,352 $688,462,429 $784,129,618
11,143,027
9,359,875
886,890
$795,272,645
$70,538,242 $697,822,304

1880.—Exports—Domestic

346,681,016

3,’63

February 28, ’78

Aggregate of debt bearing no

ed Apr.

*

m

July 17/62:
March 3, ’63

the 12
For
the 10 For
months end¬ months end¬

For the
April.

Total

Amount.

July 17, ’61; Feb. 12, ’62.
Feb. 25, ’62; July 11, ’62; Mar.

....

Legal-tender notes—

,

month of

NO INTEREST.

Authorizing Act.

Character of Issue.

MERCHANDISE.

Assistant Treasurers,
of mints and assay offices :

returns from
ents

depositaries and superintend¬

LIABILITIES, JUNE

Fund for redemption of certificates
1872
Post-office Department account

Disbursing officers’

1, 1880.

of deposit, June 8, $13,250,000 00

balances

Fund for redemption.of

notes of national banks

----

“ failed,”

2,394,901 00
15,616,622 36

18,715,402 25
09

liquidation,” and “reducing circulation”
687,446
failed national banks
Five per cent fund for redemption of national bank
14,917,320
353,445
Fund for redemption of national bank gold notes
4,193
Currency and mmor-coin redemption account
116,611
Fractional silver-coin redemption account
24,954
“in

Undistributed assets of

Interest account
Interest account, Pacific Railroads and
Co
Treasurer U. 8., agent for paying interest

Treasurer’s transfer

checks outstanding

L. & P. Canal
on

D. C. bonds.

61

00
54
40
00

2,700 00
331,290 88

2,713,377 09

'LtLE

58(5
'Treasurer’s general account—
Interest due and unpaid
Called bonds and interest
Old debt
;
Gold certificates
Silver certificates

•

(CHRONICLE.

Parliamentary business has been resumed, and a Liberallarge majority—sufficient, it
82
19
reasonable
measures. Three
00
elections have recently been held, resulting in three Conserv¬
00
00
ative victories of some importance, more especially as they are
18
$196,045,067 19 attributed to the Prime Minister’s letter to Count Karolyi and
$265,173,331 41 to some hasty remarks of Mr. Fawcett’s respecting the unfortu¬
nate error in the Indian Budget, for which he has had to
$128,709,496 51
42,778.190 00 apologize.
As the new Government seem to have decided upon
23,577,091 99
4,853,587 99 following up the same lines drawn by their predecessors with
39,800 00
6,322,751 00 regard to their foreign policy, it is quite possible that members
30,833,019 97 of the late opposition will frequently be compelled to eat their
8,783.908 22
words ; but it is to be hoped that not much time will be
199,600 00 own
57,992 02 consumed in banterings, as the session must be a short one—
11,341,614 85
1,246,200 65 not longer, perhaps, than eleven or twelve weeks.
The Home
1,825,500 00
231 00
Sir
failed
Secretary,
William Vernon Harcourt,
to secure his
600,000 00 re-election for the University of Oxford, and is now a Cabinet
155,707 09
6,076 75 Minister without a seat in Parliament; but Mr. Plimsoll
3,135,740 14 Member of Parliament for
Derby, has resigned to make room
186 93
690,848 30 for him.
It was stated that Sir Robert Peel would contest the
15,808 00
seat, but it is satisfactory to hear that this is denied, although

$5,703,285 00
8,142,330
823,191
8,050,100
12,374,270

1,413,100
159,538,790

Refunding certificates
Balance, including bullion fund

ASSETS, JUNK 1,

1S80.

-Gold ooin and 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

f v'OL. XXA.

Radical Government commands a
would seem, to carry with ease all

-

Deposits held by national bank depositories..
Nickel and minor coin.
New York and San Francisco

..

exohaugo

Gne and two-year notes, &c
Redeemed certificates of deposit, June 8, 1872....
‘Quarterly interest checks and coin coupons paid.

Registered and unclaimed interest paid

U. a. bonds and interest
Interest on District of Columbia bonds

Deficits, unavailable funds
^Speaker’s certificates
:
Paoiflo Railroad interest paid

contemplated. A Minister with so
important a post as that of Home Secretary needs a Seat in the
House, and it is only impeding the work of government by
f^totietary! ® crmmercial %uqUsU
keeping him out of one. The last difficulty, therefore, in
BATES OF EXCHANGE AT LONDON AND ON LONDON
forming an Administration has now been accomplished, and the
AT LATEST DATES.
$265,173,331 41

it is believed that it was

work of Parliament will now be continued without

EXCHANGE AT LONDON—
May 22.

interruption,

meeting at Bridgewater
likely to be a factious opposition.
considerable advantage, as more work oan be

and the discussion at the Conservative

EXCHANGE ON LONDON.

House shows that there is not
Latest
Time.

On—

Rate.

Date.

This is

Rate.

Short.

25*2712 £25*3212 May

Paris

3

25*45
25*50

mos.
a

Antwerp
Amsterdam.
Amsterdam.
Berlin

Hamburg

Short.
3 mos.

'£25*50
£25*55

12*li2 £ 12*212
12*33* £12*414
20*62
2062
2062

£20*66
£20*66
£20*66
12*712 £12*10

...

Frankfort...
Vienna

St.Pelersb’rg

243*£24131Q

’

20 Short.

25*28^

very

May 20 Short.
May 20

25*3 m
12*12

<*

May

*20

Short.

May 20 3
May 20

mos.

May 20 3

mos.

The stock markets have been in a somewhat unsettled condi¬

during the week. The prospect of dearer money obviously
as a check to speculation, and without any depression
existing as far as British and European securities are concerned,
the tendency of prices has been decidedly adverse. To-day
the American railroad market has been seriously affected by
the suspension of payment by the Philadelphia & Reading
Railroad Company, and a heavy fall has taken place in the
quotations. The announcement has occasioned considerable
surprise, as the market, though quiet, has been comparatively
steady during the week.
The money market has been firm during the week, and the

tion
acts

20*45

118*70

25733

47 4* £4712

Madrid

475fi£4778
....

Copenhagen.

90 days
523s£5258
3 mos. 27*9212 £27*9712
18*42 £18*45

Alexandria..
New York...

Bombay....
Calcutta

a

done in less time.

Paris

•Cadiz
Lisbon
•Genoa

Time.

May
May
May
May
May
May

3 s. 7fi¬
ls. 77sfi.

30 days

....

Hong Kong..
.'Shanghai....
[From

our own

20 3 mos.
20 Short.
20 4 mos.
20
a
20
u
20
<ft

27*55
97

4*853*
Is. 83jgd.
Is. S3] fid.
3s. 103sd.
5s. 37sd.

'

correspondent.]

London, Saturday, May 22, 1880.
There has been

fair general

demand for money during the
little accommodation has been obtainable under
a

veek, and very
Ifiie Bank rate. The discount houses have increased their terms
for

deposits to the extent of % per cent, and there seems to be
.-some probability that an advance in the Bank rate will not be
long delayed. The Bank return published this week certainly
points to a firm money market, there being a decrease of £650,-

rates of discount

are as

under.

Per cent.

3

Bank rate—

Open-market rates—
30 and 60 days’bills.....

27s£3

Open-market rates—

Per cent.

4 months’ bank bills
3 *8 £3 4*
6 months’ bank bills
3l4£33fe
4 & 6 months’ trade bills. 3
a 4

27s®3

3 months’ bills

The rates of interest allowed

discount houses for

deposits

Joint-stock banks
Discount houses at call
Do
with 7

by the joint-stock banks and

are as

under

:

Per cent
2
.

or

2H

14 days’ notice

position of the
England,
the
Bank
rate
of
discount,
the
price of Con¬
521 in the total reserve and an increase of £500,533 in “ other
sols,
the
average quotation for English wheat, the price of
securities.” The diminution in the reserve is due to an aug¬
Middling
Upland cotton, and the Bankers’ Clearing House
mented demand for coin on provincial account, the decrease in
the supply of bullion of £774,646 being entirely due to home return, compared with the three previous years :
1880. *
1879.
1877.
1878.
requirements. There is evidently more activity in the manu¬ Circulation, including
£
£
£
£
Bank post bills.... 27,377,421 29,328,822 27,757,136 23,353,781
facturing districts, and it is probable that the additional demand Public
6,250.787
6,415,539
7,536,005
deposits
7,300,897
for currency will be permanent. The proportion of reserve to Other deposits
25,379,091 29,314,143 21,436,501 22,167,827
Governm’t securities. 15.673,276 14,675,257
15,556,488 15,364,904
liabilities at the Bank, which was last week 48*04 per cent, is Other securities
19,733,973 21,020,626 19,393,270 19,347,395
of notes & coin 15,204,203 19,123,012 10,739,617 11,739,442
now 46*16 per cent.
The oft-repeated opinion that there was Res’vc
Coin and bullion in
both departments.. 27,323,873 33,133,007 23,209,792 24,854,497
very little, if any, probability of the value of money receding
to a depressed point during the summer months is undoubtedly Proportion of reserve
40*83
51*52
46*16
33*42
to liabilities
3 p. c.
2 p. c.
3 p. c.
3 p. c.
confirmed, and it is even possible that the Bank rate will be Bank rate
947e
9834
96 ^
Consols,
99b3
raised earlier than had been anticipated. With the exception Eng. wheat, av. price
6Ss. 9d.
40s. 8d.
52s. Id.
44s. 9d.
53.pl.
7 lid.
O^d.
6i316d.
of the Eastern question, which has again been brought some¬ Mid. Upland cotton..
Clearing-House ret’n. 123,767,000 109,059,000 106,120,000 84,037,000
what prominently forward, and the Afghan difficulty, which, it
Bar silver has been in short supply during the week, and the
is hoped, will soon be arranged, there seems to be very little in
price is 52%d. per ounce. Mexican dollars are also selling at
the political world to check the development of general com¬
52%d. per ounce. In the gold market there has been no
merce.
Nothing is apprehended except good from the com¬ important feature. The imports have been upon a very moder¬
bined diplomatic action against Turkey, or rather against
ate scale, and there has been scarcely any export inquiry.
her impotent rulers.
The nations of Europe seem to be
The following are the current rates of discount at the prin¬
determined to bring about, if possible, good government in
cipal foreign centres:
Bank
Open
Bank
Open
Turkey, in order that the Eastern question shall cease to have
rate.
market.
market.
rate.
an existence.
It is admitted that the Turkish people, well
Pr. ct.
Pr. ct.
Pr. ct.
Pl*. ct.
4
4
21s £238 Genoa
2^
governed, would be very prosperous, and if the European Paris
Geneva
4
3k2®4
Amsterdam
3
234£3
3
£3^4 Madrid, Cadiz &
powers had no causes for complaint there would be no reasons Brussels
3*2
2 5s £2.^8
Barcelona
4
4 £5
4
for interference or remonstrance on the part of any. If this Berlin...
2 ^2 £2=4 Lisbon <& Oporto.
6
53*£o
Hamburg
4
4
be accomplished, an old-standing source of trouble will Frankfort
4£4*2
Copenhagen.
4= £4*11
5 £6
Vienna
4
358£378 New York.;
fcave been removed, to the general benefit.
Calcutta
6
St. Petersburg...
4^£5
6




Annexed is

Bank of

■

i

.

a

statement showing the present

Jujte

58?

THE CHRONICLE.

5, 1880.]

received at the Bank of England on Tuesday,
1st of June, for £1,479,000 in Treasury bills of the usual

Tenders will be
the

amounts.
The Midland Railway Company of Canada invite applications
to an issue of £150,000 in five per cent preference first mortgage
bonds, at the price of £90 per £100 bond. The money is
for the purpose of extinguishing the floating debt of the com¬

required

equipment of the railway and for

pany, for the more complete
the provision of terminal facilities.
The weather continues very bright,

Mon.

Tues.

May

June

31.

1.

29.

'

,

Consols for money
Consols for account
U. S. 5s of 1881
U. 8. 4%s of 1891
U. S. 4s of 1907

99716
99716

...,

10518
111%
11138
33%

.10518
111 %
11012
Erie, common stock..... 34ie
10512
Illinois Central
51%
Pennsjdvania
Philadelphia* Reading. 11 %
New York Central

and the temperature is

higher. Very little rain, however, has fallen during the
week, and there seem to be apprehensions of a dry sum¬

and for the pastures, rain is
much needed; and unless we have a copious fall before loDg we
shall be threatened with a scarcity of those articles of produce
which are less easily procurable from abroad. Should, how¬
ever, we have the benefit of some genial rains during the next two
or three wreeks, there will be an abundant yield of agricultural
produce, as vegetation appeal's to be in a very vigorous and
healthy state. Turnips arid a few late crops have not germi¬
nated in some localities, in consequence of the drought, but the
earlier-sown crops are promising.
There has been a fair demand for wheat for consumption during
the week, and in a few localities prices have experienced a
slight improvement. Millers, however, have been operating
with caution, and hence the trade is wanting in animation.
After a long period of easterly winds, westerly breezes now
prevail, and a large increase in our importations is looked for¬
ward to. There are also some indications of an early fall of
For the later sown crops,

10%

Liverpool Cotton Market.—See

985i6
98716

985ie

105

105%

111%

111%
110%
31%
104%

111%
110%

52^

98%*

98%
105%
111%
111%

33%

323s
103%
50%
10%

51

10%
126%

128

12734

....

4.

52316
98%6

52%

105

3334
10413
51%
10%

104%

Jun*

3.

2.

111

Fri

Thurs.
June

Wed.
June

52316
52116
99%6 x98%6
99916 x98516

d. 52t1#

Silver, per oz

much

mer.

Sat.

May

104
51

10%

128

......

special report on cotton.

Liverpool Brcadstuffs Market.

,—

22897456——SsSBttrr.i.g

Sat.
d.

s.

State) $cent’l. 14 0
Wheat, No. I,wh.l00 lb. 10 0
“
9 9
Spring, No. 2...
Winter,West.,n.
“ 10 6
Southern, new.
“ 10 7
Flour (ex.

Av. Cal. white..
California club.

“
“

8
3

9
10

Cora,mix.,W.old$cent’l 4 11%
do

do

new.

410%

“ *

14
9
9
10
10
9
10

Pork,West.mess..<pbbl.59 0
Bacon, long clear, cwt. .34 0
35

0

Beef, pr. mess, $ tierce.65

0
0

“

Short clear

Lard, prime West. $ cwt. 36
Cheese. Am. choice “ 71

0

London Petroleum Market.—
Sat.
d.

Mon.

Tues.

d.

d.

4

8

d.
0
0
0
0
0
0

59
34
35
64
35
71

Pet’leum,ref. $ gal.6%8>638 6 @6% 6% ©6%
® .. . 'cb .... a> ....
..

'W

..

3
4
7"
S'
•

•

•

t

4

8

Fri.
8.

59

34"
35
63
35
71

a
06
0

0

Fri

Thurs.
d.

Wed.
d.

Pet’leiun, spirits “

10
10
9
10

Thurs.
d.
s.
59 0
34 0
35 0
64 0
35 6
71 0

Wed.
s.

8.

_

_

Tues.
d.
s.
59 0
34 0
35 0
64 0
35 0
71 0

Mon.
d.
s.
59 0
34 0
35 0
65 0
35 9
71 0

Sat.
d.

3

4

Liverpool Provisions Market.s.

d.
0
11
9
5
6
8

s.

Fri.
dr
14 O
9 10
9 8

Thurs.
d.
s.
14 0
9 10
9
8
10 4
10 5
9 8
10 3

Wed.

Tues.
d.
s.
14 0
9 11
9 9
10 5
10 6
9 8 10 3
4 11
4 8%

Mon.
d,
s.
14 0
10 0
9 9
10 6
10 7
9
8
10 3
4 11
4 10

G38©6%
.. @ ..

©nmmcrciaX autlIlXisccilaue0us JXctus.

Imports and Exports for the Week.—The imports of last
May 15, the sales of home-grown week, compared with those of the preceding week, show
wheat in the 150 principal markets of England and Wales an increase in dry goods and a decrease in general merchandise.
The total imports were $9,982,497, against $11,678,699 the pre¬
amounted to 26,793 quarters, against 57,209 quarters last year ;
ceding week and $9,480,455 two weeks previous. The exporta
and it is estimated that in the whole kingdom they were 107,200 for the week ended June 1 amounted to $8,042,822, against
quarters, against 229,000 quarters in 1879. Since harvest the $8,859,558 last week and $9,171,858 two weeks previous. The
sales in the 150 principal markets have been 1,131,923 quarters, following are the imports at New York for the week ending
dry goods) May 27 and for the week ending (for general
against ,2,032,485 quarters ; while it is computed that they (for
merchandise) May 28:
have been in the whole kingdom 4,527,700 quarters, against
FOREIGN IMPORTS AT NEW YORK FOR THE WEEK.
1879.
1877.
1878.
1880
8,130,000 quarters in the corresponding period of last season.
$656,196 $1,059,176 - $1,845,90S
$923,991
Without reckoning the supplies furnished ex-granary at the Dry Goods
4,866,808
General mdse...
5,416,385
4,861,164
8,136,58S
commencement of the season, it is estimated that the following
Total week
$6,340,376
$5,517,360 $5,925,984 $9,982,497
quantities of wheat and flour have been placed upon the Prev. reported., 135,612,325 116,982,669 126,291,731 209,625,468
British markets since harvest.
The visible supply in the
Total s’ce Jan. l.$141,952,701 $122,500,029 $132,217,715 $219,607,958
United States is also given :
In our report of the dry goods trade will be found the imports
1878-9.
1877-8.
1876-7.
1879-80.
of dry goods for one week later.
Imports of wlieat.cwt.43,372,091 34,448,246 41,259,588 28,259,465
The following is a statement of the exports (exclusive of
6,464,837
6,400,123
4,780,472
Imports of flour
7,457,682
specie)
from the port of New York to foreign ports for tbs
Sales of liome-grown

rain.

During the week ended

19,620,000 35,230,000 27,580,000 29,673,000

produce

70,449,773

Total
Deduct

exports
wheat and flour

of

76,143,083 75;239,711 62,712,937

1,048,861

1,377,420

69,400,912

74,765,663

Av’ge price of English
wheat for the season. 46s. lOd.
"Visible supply of wheat

40s. 5d.

Result

bush.21,200,000

in the U. S

15,331,650

sons:
IMPORTS.

cwt.43,372,091

Barley

11,268,877

Oats
Peas

Beans
Indian
Flour

1877-8.

1876-7.

28,259,465
8,500,541 10,304,132 10,462,391
9,779,374
7,653,026
8,083,052 7,067,162
1,481,087
1,122,723
1,297,621
963,523
1,823,902
929,387
2,482,953 3,371,822
19,630,104 23,853,793 23,134.834 24,007,269
7,857,682" 6,464,837
6,400,123 4,780,473

Wheat

corn

1

34,448,246 41.259.588

EXPORTS.

....cwt.

Wheat

Barley

*

1879-80.

1878-9.

1877-8.

1876-7.

929,964

1,276,719

1,368,224
44,122
67,726
17,075

701,833
43,877
82,821
21,506
25,189
381,130
35,178

Oats

78,742

Peas

86,893
36,013

Beans

Indian

.

com....

Flour

96,474
70,916

21,417

415,160
118,897

English Market

.

13,792
10,326

15,171

314,060

185,462
54,951

110.701

Reports—Rer Cable.

daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
The

the following summary:

YORK FOR THE WEEK.

1877.

For the week....
Prev. reported..

1880.

1879.

1878.

$5,139,552 $6,791,038
106,699,601 140,367,966 126,496,862

7

$6,251,533

totals for several

following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the first of September to the close of last w^gk, com¬
pared with the corresponding period in the three previous sea¬

1878-9.

EXPORTS FROM NEW

$8,042,822
143,566,272
1,423,175
737,011
Total s’ce Jan. l.$112,951,134 $145,507,518 $133,287,900 $156,609,094
73,816,536 61,975,926
The following will show the exports of specie from the port
50s. lid. of New York for the week ending May 29, and also a com¬
51s. 3d.
parison of the total since Jan. 1, 1880, with the corresponding

The

1879-80.

1:

week ending June

May.

previous years:
London

Gellert

Total for tbe

and $20,889 gold)
($1,988,474 silv. and $1,580,191 gold).

Jan. 1, ’80
in-

1876

$141,489

$8,557,368
7,990,073
15,731,782
25,032,710

The imports of
been as follows:

Same time in1875
$36,113,510

$3,710,154

1874
1873
1872

..
Same time in1871
$35,916,429

14,296,493
13,613,593

23,910,169 1870
1869
23,305,577
a qo onn
30,499,900
\ 1868

40,735,303

specie at this port for the same

May.
24—Str. Hadji
24—Str. Crescent

3,568,665

..

($2,109,074 silv.-and $1,601,080 gold)

Same time

1877

3,889
36,000
55,000

week ($120,600 silver

Previously reported

1879.....
1878

4,100
2,500

.Eng.g’dfsov'ns)..
Mex.
silv. dols...
Am. silv. bars...

Hamilton
London

Donau

Tot. since

g.g’d (so v’ns)..
Eng. sil. (iTac’l)..
Fi ch. sil. (1‘ranes)

Paris

Muriel

$23,000
17,000

Mex.
silv. dols...
En

-.

.

.

.

—Am.
silv. com..
Am. gold coin..
U. S. of Colombia...Am.
coin..
Goldsilv.
bullion...

Porto Rico
City

periods have

-

Silver bullion..

Am. silv. coin..
Donau
Germany
Am. silv. coin..
Muriel
British West Indies,For. gold coin..
British West Indies.Am. silv. coin..
C. of Austin
Thetis
Dutch West Indies.. Am. silv. coiu..
2g—str. C. of Nassau
British West Indies. Am. silv. coin..
29—Str. C. of R.de Jan’ro.Danisli West Indies. Am. silv. coin..
U. S. of Colombia. ..Gold
29—Str. Athos
dust
For. silv. coin..

24—Schr. M. E. Oliver

...Hayti

week ^$29,440 silver and $4,022 gold)
reported ($2,307,981 silv. and $1,259,408

Total for the

$3,OCX*
1,000
254
503
44

1,000

1,947
113

1,465
300
430

10,500
2,400
500

$33,462

3,567,330
London Money and Stock Market.—The bullion in the Bank
of England has increased £162,000 during the week.
^ Tot. since Jan. 1, ’80 ($2,337,421 silv. and $1,263,430 gold) ..$3,600,851




Previously

gold)

..

CHRONICLE

THE

588
Same time in1879
*1,415,210
1878
11,789,432
1877
6,875,876
1876
1,748,361

Same time in—
1875
$6,371,912
1874
2,291,281
1873
2,580,561
1872
709,269

Same time in1871
$3,049,794
1870
6,988,507
1869
8,862,650
1868
3,399,931

The following table shows the receipts and payments at the
Sub-Treasury in this city, as well as the balances in the same,
for each day of the past week:
Balances.

Receipts.

Payments.

$

8,296,806 82

1,756,700 32

581,838 40

973,864 18

1,127,806 86
1,161,366 54

1,955,236 10
2,774,071 37
1,771,474 34

91,346,340
91,166.844
89,292,682
88,604,405

8,947,715
8,145,838
8,373,736
8,451,906

5,746,863 38

7,632,154 74

31...
1...
2...
3...

“

“
“

4...

Total

U. S. Legal Tenders

and

02
58
39

04

increase

$
32
84
52
07

National Bank Notes.—From the

or

decrease:

National Bank Notes—
Amount outstanding Juue 20, 1874
Amount outstanding January 14, 1875
Amount outstanding May 31, 1878
Increase
Increase

$
90,822,386 26

727,125 48

“

Currency.

[Vol. XXX.

Statement of the Comptroller of the Currency on June 1,
1880, 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, 1874, January 14, 1875, and May 31, 1878,
together with the amounts outstanding at date, and the

Amount

$
549,534 53
Holiday

May 29...
June

Gold.

•

$349,894,182
'.

....

outstanding at date*
during the last month

351,861,450
322,555,965
343,836,243
256,943
15,763,432

since June 1, 1879
;
Legal Tender Notes—
Amount outstanding Juue 20, 1874
$382,000,000
Amount outstanding January 14, 1875
382,000,000
Amount retired under act of Jan. 14,1875, to May 31, ’78
35,318,984
Amount outstanding on and since May 31, 1878
.'
346,681,016
Amount on deposit with the U. S. Treasurer to redeem
notes of insolvent and liquidating' banks, and banks
19,521,723
retiring circulation under Act of June 20, 1874
Increase in deposit during the last month
394,983
Increase in deposit since June 1, 1879
6,558,581
Circulation of national gold banks, not included in the above,
*

Comptroller of the Currency, Hon. John Jay Knox, wre have the $1,347,490.
following statement of the currency movements and Treasury
The following is
balances for three months
past:

TJ. S. Bonds held as security for
National Banks.—
March 31.
April 30.
May 31.
Bonds for circulation deposited... $5,126,500 $3,319,100 $3,107,600
Bonds for circulation withdrawn.
4,198,500
3,971,500
3,396,200
Total held for circulation
363,656,050 363,003,650 362,715,050
Bonds held as security for deposits 14,672,000
14,742,000 14,727,000

Legal-Tender Notes.—
Deposited in Treasury under act
of June 20,1874
570,100
Total now on deposit, including
liquidating banks
18,600,747
Total entered under act of Jan. 14,
1875
35,318,984
Total amount of greenbacks out¬
standing

1,049,38b

798,000

19,126,740

19,521,723

35,318,984

35,318,981

346,681,016 346,681,016 346,681,016

National Bank Circulation—
New circulation issued
Circulation retired
Total notes Outstanding-

1,143,450
395,360

1,316,880
696,537

626,100
369,157

Currency. 342,958,957 343,579,300 343,836,243
1,426,120
1,351,350
1,347,490

Gold
Notes rec’vd for redem’n from—
New York
Boston

Philadelphia
Miscellaneous

1,023,000

296,000
171,000
1,652,000

1,761,000
246,000
326,000

4,675,000
553,000

1,673,000

1,948,000

378,000

an abstract of reports made to the Comp¬
troller of the Currency, showing the condition of the national
hanks of the United States, including national gold banks, at
the close of business on Feb. 21, 1880, and April 23, 1880.
Resources.
Loans and discounts
Overdrafts
United States bonds to

Feb. 21,

secure

United States bonds to secure deposits..
United States bonds on hand
Other stocks, bonds and mortgages
Due from approved reserve agents
Due from other national banks
Due from State banks and bankers
Real estate, furniture and fixtures

Current expenses
Premiums paid
Checks and other cash items

Exchanges for Clearing House
Bills of other national banks
Fractional currency
Gold coin

Silver coin
Gold certificates
Silver certificates
Gold clearing-house certificates

Legal tender notes

$3,142,000

$4,006,000

$7,554,000

amount of

Legal Tender notes deposited in the United States

to June 1, 1880, and amount remaining on deposit at latter
date.
Legal-Tender Notes Deposited to
Retire National Bank Circula¬

States

and

Territories.

Additional
Circulat’n
issued s’ce
June
20,
1874.

Legal Ten¬

tion siuce June 20, 1874.

Liquidat ing Banks

retire
Circulat’n
under Act
of J’ne 20,
1874.

$

$

Redempt’n
of Notes of

ders

on

deposit

To

wit-li U. S.
Treasurer
at date.

Total

Deposits.

Maine
N.

1,461,180

Hampshire

631,865
Vermont
1,753,310
Massachusetts 20,498.720
Rhode Island.
1,746,820
Connecticut
2,495,360
..

New York
New Jersey...

Pennsylvania

20,764,505
1,712,165
10,805,140

Delaware

Maryland

....

Virginia

West Virginia.
N’rth Carolina
S’th Carolina.

Florida
Alabama

Mississippi..

....

Wisconsin....
Iowa

Minnesota....
Kansas
Nebraska
Nevada.......
Colorado

Montana....

166,600

800,500
168,310

915,369
731,060
128,200

1,646,380
458,060
907,510
319,185
1,012,585
953,380

287,725

84,600

3,600
135,000
90,000
175,500

....

Washington

New Mexico.
Dakota.

Total

35,160
122,268
1,322,018
184,392
615,701

6,108,502
394,251
1,603,779
35,585
64,015
288,431
154,030
164,429
28,675

437,675

1.812,980
880,724
1,822,879
1,050,245
1,140,785
953,380
725,400

90,000

139,500

229,500

114,413

650,750
10,000

2,750,000
239,340
144,000
2,134,800
904,260
4,740,900
4,661,641
7,575,580
8,202,880
2,664,895
1,667,299
2,366,624
1,736,540
972,271
278,080

186,038

629,867
370,401
998,510
1,583,754
1,232,097
1,754,934
364,500
653,860
811,669
420,095
781,721
45,000

2,099,250
229,340
144,000
1,504,933
533,859
3,742,390
3,077,887
6,343,483
6,447,946
2,300,395
1,013,439
1,554,955
1,316,445
190,550
233,080

138,083
161,191
85,300

149,400
196,800
45,000

287,483
357,991
130,300

87,580

305

1,400
414,100
184,761

816,190
1,043,791
2,286,084
993,628
550,531
449,297
419,863

257,448
244,111
49,425
2,008
25,847
18,612
45,208

3,813,675

89,425,785 18,016,908) 81,400,414

t

*19,521,723

*Deposited prior to' June 20, 1874, and remaining at that date.
tTotal deposits, $103,230,997.




7,870,000
16,069,988

10,760,000
16,021,429
972,951

1,166,071

$2,038,066,498 $1,974,600,472
Liabilities.

Capital stock paid in
Suiplus fund
Other undivided profits
National bank notes outstanding...
Amount

on

hand

State bank notes outstanding
Dividends unpaid
Individual deposits
United States deposits

Deposits of U. S. disbursing officers
Due to other national bauks
Due to State banks and bankers....
Notes and bills rediscounted
Bills payable
:

$456,097,935
117,301,422

$454,548,585
117,044,043
42,863,804
*320.303,874
4,072,718
300,290
1,368,163
848,926,599
7.856,791
3,069,880
170,245,061
65,439,334
1,918,788
4,181,280

48,219,183
*320,759,472
3,239,417
299,790
1,547,279
791,555,059
7,925,988
3,220,606
157,209,759
63,317,107
2,616,900
4,529,967

$2,038,066,49S $1,974,600,472
2,061
2,075

Total
Number of banks

567,000

....

*Legal tenders

5,416,403
7,380,000
495,860
33,538,000
61,059,175

*
The amount of circulation outstanding April 23,1880, as shown by
the books of this office, was $344,826,461 and the amount outstand¬

ing February 21, 1880,
notes of insolvent

was

$343,778,206, which amounts include the
of those
the act of June 20, 1874,

banks, of those in voluntary liquidation, and

which have deposited legal tender notes under
for the purpose of retiring their circulation.

Baltimore & Potomac.—The annual meeting of the stockhold¬
of the Baltimore & Potomac Railroad Company was held in
Baltimore. The report of President Owen Bowie and the board of
directors showed that the gross earnings from all sources were
$699,772, of which the Washington line and tunnel were $691,193, and the Pope’s Creek line $38,578, showing an increase of
ers

422,664

482,400
134,900

Utah

53,230,034
14,501,152
47,840,015
6,392,953
3,925,749
10,320,274
,166,736,402
15,369,257
397,187
37,756,021
5,062,090
8,238,600
295,340
38,090,000
55,229,408

•

366

Michigan

Totals

1,281,426

456.000

1,284,610
251,100
144,000
3,685,430
647,170
767,260
2,809,660
3,238,880
2,542,265
2.039,410
735,530
1,474,900
1,017,800
147,600
67,500

....

Kentucky

California

241,660

$

209,481

.

Texas
Arkansas

Wyoming

65.350
2,163,878

-

600,000
917,000
55,800
128,797
1,069,340 1,243,437
7,552,300 7,787,100
870,385
902,735
1,956,330 2,021.680
23,952,231 26,116,109
1,562,280 1,803,940
6,784,321 8,065,747

1,274,810

1,235,660
90,700
520,350
45,000
207,000

Georgia

Tennessee
Missouri
Ohio
Indiana
Illinois

32.350

232,275

Dist. Columbia

Louisiana

317,000
72,997
174,097
234,800

$

117,791,386

_

.

Five per cent redemption fund
Due from United States Treasurer

,

$

361,274,650
14,727,000
29,504,600
42,494,927
103,968,002
54,493,003
13,290,465
47,807,513
7,008,097
3,791,703
9,857,411
99,357,056
21,064,.504
395,747
39,599,468

United States certificates of deposit for

Statement of the Comptroller of the Currency, showing by
States the amount of National Bank circulation issued, ana the

Treasury to retire National Bank circulation, from June 20,1874,

$989,592,200
3,378,622

3,698,503
361,901,700
14,917,000
36,798,600
41,223,583

circulation

legal-tender notes
Total

1880. Apl. 23, 1880.

$970,596,856

$60,695, namely: An increase on the Washington line of

$60,979

$283. The total
expenses were $526,201, of which the Washington line and tun¬
nel were $469,399 and the Pope’s Creek line was $56,801, showing
a decrease of $19,984, making the net earnings $173,570, and an
and

a

decrease

on

the Pope’s Creek line of

increase in them for the year of $80,680,
The operations of the first quarter, ended April 30
ent year, are still more satisfactory. The increased
over

the

same

quarter of last jpar were

of the pres¬
net receipts

$37,677. The cost of

movement per passenger per mile on the Washington line
2*619 cents and on the Pope’s Creek line 5*915 cents.

was

The

2*738 cents, a.decrease of 0*245 cent per passenger
compared with 1878. The cost of movement of
freight per ton per mile on the Washington line was 1*689
cents and on the Pope’s Creek line 5*846 cents.
The average
cost was 1*931 cents, a decrease of 0*876 cent per ton per pile as
compared with the year 1878. In construction and equipment
account no charge was made during the year 1879.
The track and road-bed have been greatly improved. During the year 1,115 tons of steel rails, 44,950 new cross ties and
4,768 feet of new siding were laid. Of the 48*85 miles of single
and second track between Baltimore and Washington, 47*22 miles
are now laid with steel rails, leaving only about a mile and a-half
average was

per

mile

as

of iron rails at this date on the main tracks. Particular atten¬
tion has been
paid to repairs and renewals of
addition to repairs of others, new boiler-plate girder bridges
were erected at Herbert’s run and Rogue’s Harbor, of 60 and 59

bridges. In.

June

589

THE CHRONICLE.

5, 1880.J

Westbrook handed down his decision on the

Attorney-General’s

respectively. At Big Patuxent Paver the pier was motion for a receiver for the Rochester & State Line Railway
pointed and grouted, and the wooden superstructure renewed Company, granting the motion. The decision holds that the
with a wrought-iron bridge at a cost of $11,546. The cost of
the two girder bridges was $3,236. The Patapsco bridge has previous appointment of a receiver in the suit of the Union
Trust Company against the railway company was procured by
been strongly trestled, preparatory to its renewal during the collusion and fraud.
year with an iron structure.
Rome & Dalton.—The attention of the bondholders
Colebrookdale.—It is reported from Philadelphia that the of Selma
the Selma Rome & Dalton Railroad Company is called to
interest on the first mortgage bonds of this railroad (leased to
the notice in another column of the Chronicle. This invites
the Philadelphia & Reading) was not paid June 1.
all parties desirous of participating in measures to protect
Delaware & Hudson Canal Company.—This company makes their interests (owing to the granting of an appeal by the
the following comparative statement of the net earnings of the United States Supreme Court from the recent decision of the
railroads owned and leased by it during the month of April:
Alabama courts), to address immediately the Continental Na¬
Net inc.
tional Bank, P. O. Box 2,425, New 'York City, stating amount
in 18SO.
1830.
1879.
feet span,

Railroads.

$41,847

.

$39,083
51,794
75,667
20,807

30,085
47,957

*$2,763

and class of

21,708

obligations held.

Mining Stock Exchange was opened June 1
spacious rooms, No. 63 Broadway. The proceedings were
opened with an address by Mr. George* W. Smiley, Chairman of
$57,470 the
$187,352
$129,881
Board, and the call of stocks was then proceeded with. Ex238,392
694,097
i. 455,704
Governor Milton S. Latham, President of the Mining Trust
Company, then addressed the meeting. He said: “ It is proper
■♦Decrease.
that
I should hastily review the objects which the Mining Trust
N.
in
3,
the
J., June
Elizabeth City Bondi.. -At Trenton, I
Company
Supreme Court, Chief-Justice Beasley delivered opinions in the tion. In ahopes to concentrate and consolidate in its organiza¬
great city like this it would be utterly impossible
cases of the Singer Manufacturing Company against the city of
for an industry such as we seek to foster to be successfully car¬
Elizabeth. It was held that the issuing of bonds by the city
ried on without having a given place where, in the first instance,
was not ultra vires, and the judgment below was affirmed, hold¬
you can clear the sales made daily; and, in the second place,
ing the validity of the bonds. In the case of the Mutual where
you could have your dividends paid and your stocks
Benefit Life Insurance Company against the city of Elizabeth,
transferred and registered'. These are the main objects in the
it was held that the defense that there was no authority to
formation of this institution. It is also true that we purpose to
issue bonds could not be taken advantage of by the city, be¬
loan capital such as we have and can command upon mining
cause, as in a deed, it was the deliberate act of the party
stocks, according to their market value.” * * * “Why, in
making it; that the Legislature gave authority to issue the this
city alone, several mining companies are disbursing over
boiids to take the place of those issued originally, and that the
bonds were prima facie evidence of the debt, and the fact of $1,000,000 per month in dividends. In less than one year from
their authorization held out that they were valid. The judg¬ to-day there will be disbursed in this city $25,000,000 per
annum in the matter of dividends.
(Applause.) And yet in all
ment below was affirmed.
this city,with all its vast wealth, the centre of the wealth of the
Marietta & Cincinnati Case.—At Chillicothe, May 26, Mr. American continent, you are utterly unable to borrow a dollar
John King, Jr., Receiver of the Marietta & Cincinnati Railroad, upon a single mining share. When banks are spoken to about
was on the witness stand.
Mr. King’s testimony was a detailed it, they say, 4 We know nothing at all about them. We have no
statement of the relations of the several railroad companies means of getting correct information in relation to these com¬
interested—Cincinnati & Baltimore and the Baltimore Short panies who make application for loans, or whose stockholders
Line. Upon the conclusion of Mr. King’s testimony, the further make applications for loans upon their certificates.’ We pur¬
hearing of the case was adjourned until the October term.
pose to supply that deficiency. We purpose to have reliable
information in’regard to the condition of these mines, so that
Metropolitan Elevated.—The new mortgage has been put he who seeks reliable information may get it.”
on record, for $4,000,000 in all, from the Metropolitan Elevated
Boston Banks.—The following are the totals of the Boston
Railway Company to Geo.rge J. Forrest and Arthur Leary,
trustees, to secure second mortgage bonds of the denomination banks for a series of weeks past :
of $1,000 each, and aggregating $4,000,000, payable in twenty
Loans.
Specie. L. Tenders Deposits* Circulation. Agg.Clear.
*
*
$
1880.
$
years from November 1, 1879 (the date of the instrument), with Mar. 2.. 139.927.300 4,393,600 3,511,300 52.793.300 31,052,000 56,566,135
68,452,060
30.875.200
53.217.400
3.527.600
interest at the rate of 6 per cent.
9..
139.679.400
5,224,000
31,019,400
63,289,012
3 335,700
53,038,800
15..
5,321,500
141,040,200
31,092,500
63,798,913
51.871.300
3,016,600
22.. 140,975,000
4.845.100
New York Central & Hudson.—The election of directors
58,909,044
31,048,400
50.373.800
2,987,200
4.930.100
140,412,000
69,627,777
was held at Albany.
31.145.200
$71,000,000 of stock were voted on, and April 5.. 139.462.200 4.805.100 2,635,400 50,827,900 31.204.200
59.610.799
51,687,600
2,3-49,200
12.. 13^,541,400
5.331.300
the following gentlemen were elected directors : Wm. H. Van¬
68,605,917
31.221.900
52.671.100
2,067,200
19.. 137.758.200
5,994,900
62,108,728
31.223.900
53.653.400
2,095,000
6,738,800
28.. 137.923.400
derbilt, Cornelius Vanderbilt, Wm. K. Vanderbilt, Frederick W.
31.175.200
63,053,381
54.217.800
1,983,100
3..
0,670,700
138.815.300
May
Vanderbilt, Augustus Schell, Samuel F. Barger, James H. Rut¬
66,194,525
31,123.100
54.400.100
1,757,500
10.. 140,185,100
6.944.300
64,842,000
31,093,100
55.151.300
1,688,000
17.. 140.242.500
6,733,700
ter, J. Pierpont Morgan, Cyrus W. Field, Solon Humphreys, all
60,058.961
31,001,000
54.324.200
1.880.600
6.766.300
24.. 138,942,000
of New York; Chester W. Chapin, of Springfield, Mass.; John
45,785,536
31.136.200
53.879.200
2,471,800
31.. 139.919.500
0,402,300
Allen, Jr., Buffalo, N. Y.
Other than Government and banks, less Clearing-House checks.
New York Ontario & Western.—The directors of this com¬
Philadelphia Banks.—The totals of the Philadelphia banka
.

Rensselaer & Saratog
New York & Canada.

.

9,992

-

27,710
10,814

—The American

at its

...

“
“

“
“

90

“

“

*

pany

have filed

a

notice with the Secretary of State at Albany

following effect:—The said company was formed upon
the sale of the New York & Oswego Midland Railroad Com¬
pany, and their present capital ($50,000,000) is insufficient
to carry out the plan of reorganization, and the additional
amount required is $15,000,000, thus making the capital stock
$65,000,000.
—Notice is given by C. N. Jordan, chairman, to the stockhold¬
ers of the New York Ontario & Western Railway Company, as
to the

follows:
“

in the stock market
proposed to be issued
by the New York Ontario & Western Railway Company is to be
made without any consideration being paid therefor. This is
not so.
Two and a half millions of junior securities were pre¬
sented, and the tender made of the 20 per cent assessment and
the money, was refused for the reason that the stock applied for
in the certificate of organization was insufficient. The balance
of the proposed issue—$12,500,000—can only be made upon the
payment of a 30 per cent assessment, as provided in the plan of
reorganization. If all the assessments should be paid, the result

It seems to be generally understood
that the fifteen millions additional stock

would be

as

20 per cent on
30 per cent on

$2,500.000

$12,500,000

per

cent assessment

12..
19..
26..
May 3..
10..
44
17..
44
24..
44
31
•

4

44

..

.

..

.

67,318,205
67,130,447
67,404,233
68,467.583
68,851,879
6S,S81,601
69,246.055
69.646,276
69,594.048
69,515,412
68.870,718
68,448.002
68,039,001
67,457,122

$

*

15,773,033
16,250,179
16,731.562
10,013.387
15,637,660

55,122,311
55,397,217
55.941,938
56,258,526
55,835.641
55,495,192

14,858,987

As

a

year.. The work of track-laying is progressing steadily.
A dispatch from Washington, D. C., May 27, said that the

House Committee on Pacific Railroads, with two dissenting
votes, decided to recommend the passage of the Newberry
bill granting an extension of six years to the Northern Pacific

Railway from the 4th of July, 1880, and allows actual settlers to

purchase a half section of land from the company instead of a
quarter section, as originally provided.

Rochester & State Line.—At Albany, N. Y., June 2, Judge

*

*

12,092,147
12,079.453

39,516,148
51,304,715

12,104,580

49,551.139
50.174,038

12.118.893
12,123,600
12.138,438

55,936.818
56,848,122
57.002.521

12,124,531
12,119,305
12,118,364

56,751,058
57,795,449

12,103,209
12,111.790

56 044,388

good paying Investment we

39.982.846
53.624.758
42.139,611
45.910.829

12,093,600
12,085,136
12,073.945

55,759,734
56,590,931

14,620,301
15,073.605
14,658.322
15,827,222
16.210,332
16.389.658
16,248.330
17,881.002

FIRST MORTGAGE

50,173,397
47.709,494
53,854.569
49,142,418
51,787,217

40,559,052

*

offer the

BONDS

of the
NEW YORK

WOODHAVEN & ROCKAWAY

RAILROAD COMPANY
Annum,

Payable January 1 and July 1, in New
Principal due in 1909.

3,750,000

now

Circulation. Agg. Clear.

BUSING AND FINIKCfAL

500,000

and
beyond the point which the track had reached last




5
April
K

$7,055,000

Northern Pacific.—Track on the Missouri Division is
laid to Knife River, 75 miles westward from Mandan, Dak.,
16 miles

‘

Lawful Money. Deposits.

Interest Seven per cent per

$11,305,000

Total

Loans.
$

1880.
Mar. 1..
44
8..
44
15..
44
22..
44
29..

follows:

Previously paid oh account of 20

follows:

are as

TOTAL AMOUNT OF ISSUE,

TorJc City.

-----

$1,000,000

one-half remains unsold.
road will be completed by June 1, and will control the

Of which amount less than

This

railroad travel from New York to
sea-side resort in the world is

Rockaway Beach, where the

then to be opened to the

entire
finest

public.

from New York to Rockaway will be but twenty-five
minutes, and the road and its appointments are of the highest character.
We offer these bonds at 106 and accrued interest.
The running time

Invest o rs can obtain full particulars

and informajH» at our

office.

MK & HATCH,
No. 5 Nassau Street,

New York

22..447798——TThliee

THE CHRONICLE

590

way

Comptroller of the Currency furnishes the
following statement of National Banks organized the past week:
The United States

First National Bank of Reno, Nevada. Authorized capital,
$50,000; paid-in capital, $50,000.
£>. A. Bender, President;
Charles T. Bender, Cashier. Authorized to commence business
M'iy 26, 1880.

Second National Bank of Warren, Ohio, Authorized capital,
$100,000; paid-in capital, $53,523 72. . D. J. Adams, Presi¬
AT Eitr-li. CAHhifii*.
Authorized to commence
dentc<
business
dent; K. M.
Fitch, Cashier. Authorized
May 28, 1880.
DIVIDENDS.

Name of Company.

:

Cent.

Payable.

(Days inclusive.)

3

Hampshire

Eastern in New

$1

Iowa Falls & Sioux City (quar)...
Miscellaneous.

3^

Bpring Mountain Coal

Do

June 10 May 31 to June

FRIDAY, JUNE 4,
The Money

tion at the Stock

10.

1880—5 P. M.

Market and Financial Situation.—The

574

544

64

65

15>4

154

154

35% *15

69%

situa¬

Exchange has materially improved in the past

the moment appears
but whether this is
but a temporary improvement or an indication that the parties
recently bearing the market have supplied themselves with
stocks, it is impossible as yet to say. The money market is
very easy, with every prospect of continued ease for some time
to come ; the acreage planted this year, both of cotton and
cereals, should be the largest ever known, according to the
usual law of agriculture—that a heavy acreage is almost sure to
follow a very profitable crop ; the railroad traffic and earnings
few days.
The temper of speculation for
to be decidedly in favor of higher prices,

have thus far exceeded anything in former times, and they bid
fair to keep up to a good standard throughout the year. All
these influences appear to favor the idea of firmness, at least,
in the financial markets, even if we do not have a much higher

of prices than at present. On the other hand are to be
placed the excitement and disturbance to business occasioned
by the Presidential canvass and the financial uncertainties at¬
tendant, in some degree, upon any change in the administra¬
range

tion.
Our local money market has
bond dealers are paying only

pref.

704

....

....

16
*20

...

*16*4

....

....

....

16
25
19

*15%

I64

*22

25

M64 184
^074

*105 107% 107% 107% *106
115
xl 13 113
113% 115
70% 70
68-% 70% 70

115

714

994 100
100% 100% *994 1004
894 914
874 894 1-9% 90
87%
107
1074
107% 1084 J08% 108%
1074 1074

89%

894

904

25
48
65

189

25
48
66

114
60%
72%
25

07%

514

52

Northern Pac.

234

Do
pref.
Ohio Central..
Ohio & Miss...
I)o
pref.
Pacific Mail...
Panama
Phil. & Read’s

45

26%
254
40%

m

t

,

r

,

25*4
70 %
30%
214

St.L.A.&T.H. K2
*40
37

•

.

.

•

•

*

>>
d

0

W

65%
114
664
734
254
68
60

63

65%
12

11%
67%
714 74
24% 25%
67
684

65

55
100

55

224

191

25

.474

474

*64
12

22

974
125
274
7%
u4.

794
15

29%

192

66%

67%

.

....

67
63

73% 754
24%

194

..

*24

57

1004

214
97% 95
1204 1204 120%
26%
274 28
8
8
7%
54
54
J54
774 784 774
*134 14% *134
284 29% 284

25
68
60

67
12

•

•

••

•

•

•

4

67

12%
674 69%

74
76
25
25%
*57% tjy
60
60

100-% 101% !01% 1014
22% 22% 22% 22%
95% 97
964 98%
121
123
1244 128
27% 274 28
29%
84
8%
5%
°4
5%
79
794 79% 80%
14% 144
*134 15
29
29% 29% 304
...

....

1064 106%

51

49

....

....

•

.

•

•

....

24

25%

....

31%

....

*12
*40

....

•

•

•

.

....

354 38

384

*

314 314
43
pref. 434 434
1st prf. *64
35
St.P.&SiouxC.
72
70%
Do
pref. 72
2%
2%
Sutro Tunnel.
214
84
Union Pacific. 85
85%
294
Wab.St.L.&P. 29% 30%
55
57
Do
pref. 56
87
West. Un.Tel. 89% 934
* These are the prices bid and asked: no
Do
Do

•

31

434

.

.

•

35

70%

2%

.

.

....

31% 33%
....

....

204 21%

.

....

24% 25%
....

...

30.4

.

•

....

191

*22

484 51
20
20
214 214
1234 1244 122% 1244 123% 125% 1244 125%
30
33% 304 32% 31% 32% 32% 314
50
53
51
47
48
514 52,
51%
26
234 24% 25
26% 25% 23%
24%
22
23% 224 24
23% 24% 244 23
45
44
454 45% 474
45% 43% 45

58

•

190
24

107
10541054 107
474 56
484 53

214

•

•

....

224
9o%

St.L.&S.Fran.

....

•

1004 1004

*

...

•

•

67
*52

25%
70%
324
.

•

114
65%
71%
24%

12*4
68%
744
254
684

*188
*22

190

•

62

264

pref.
St.L.I.M.&So.

60
16

86
54

....

pref.
& W.

Do

53% 57%

25
19

4.

73% 73%
37%
58%
564 584 57% 59%
36
54

354 *35
544 54

65

Friday,

June

72% 724

76

70
35
52

*1054 07%
1134114
684 704

56
Hous.&Tex.C. 56
Illinois Cent.. 102J4 102*4
234
Lake Erie&W. 23
99%
Lake Shore.... 97
Louisv.&Nash 12044 120*4
Manhattan....
27*4 274
8*4
94
Mar.&C.lst pf.
Do
2d prf.
4%
54
8J
Mich.Central,. 78
Mobile&Ohio. *13*4 15
Mo,Kans. &T. 284 294
Mor.& Essex.. 10614 106*4
60
Nash.Ch.&StL 56
NewCent.Coal
126
N.Y.C.&H. R. 124
N.Y.L.E.&W. 32% 334
Do
N.Y.Ont.

75

354

*22
*164

pref. 107% 107%
Chic.R. I.&P. 190% 190*4

Del.Lack.&W.
Han.& St. Jo..

1

June

56
64

52%

25
Do 1st prf. *22
Do 2d prf.. *174 19
*
Chic. & Alton. 105]4 107
Chic Bur.& Q. 114*4 H0U

Ch.St.L.&N.O.
Chic.St.P.&M.
Clev.C. C.&l.
Col.Chic.&I.C.

1.

June

53
57
65

36

pref.

Wednesd. Thursday,
June 3.
June
2.

Tuesday,
75
35
51

76% 76%

Atl.&Pac.Tel.
Canada South.
Cent, of N, J..
Cent. Pacific..
Ches. & Ohio..

Del.&H.Canal

June 1
June 15

3

Georgia Central

May 31.

Do

Railroads.

Cleveland & Pitts, guar. (quar.)..

lowest prices have been as follows:

36
53

Am. Dist. Tel.

Chic.&N. W..

Books Closed.

stock.

Monday,

Saturday,
May 29.

Do

When

1*4
l»i
2*4

on

a

per cent on the common
The daily highest and

Chic.M.&St.P.

Per

Chicago & Northwest..
Do
pref. (quar)

Company,

clared

^vyvWNTn«[ur^

announced

meeting of the Chicago & Northwestern Railquarterly dividend of 1% per cent was de¬
the preferred stock and a semi-annual dividend of 8

At the annual

Jtkc $kwhcrsr (gazette.

The following dividend has recently been

[Vol. XXX.

19%

21%

17

17

....

36
30
42
*62

88
82
43
.

....

72

85
30
564

84
29
55

89%

86%

•

•

«...

....

254

32%

34%

70

*17d

20%
•

•

....

....

*30

424
.

•

....

2%
854
804

56%
884

*63

25% 254
08% 684
334 34%
•

.

•

....

•

••

•

•

o2

424
65

•

....

•

38%
*30

•

•

....

86

•

65

....

•

2%

•

40
32

42% 424
*63

....

85

...»

214

....

86% 37
2%

•

21

21

37% 384

72

2%

•

25
69

•

....

•

•

•

2%
24
85% 864

31
31%
30% 31
524
56% 57% 57
87% 8S4‘ 884 91%

sale was made at the Board.
worked easily, and Government
2@2^ per cent for money on
Total sales of leading stocks for the week ending Thursday,
call, while borrowers on stock collaterals pay 3@5 per cent, but and the range in prices for the year 1879 and from Jan. 1, 1880,
seldom more than 4 per cent. Prime commercial paper is to date, were as follows:
quoted at 4%@5 per cent.
The Bank of England statement, on Thursday, showed an in¬
Sales of
Range since Jan. 1,1880. | Yearl879.
crease of £162,000"in specie for the week, and the reserve was
Week,
Lowest.
Shares.
Highest.
I Low. High
45 5-16 per cent of liabilities, against 47 9-16 per cent the
previous week. The discount rate remains unchanged at 3 per Canada Southern
40
May 17 74b> Jan. 14 4514 781*
7,795

cent.

Clearing House
banks, issued May 29, showed an increase of $2,208,475 in their
surplus above the legal reserve, the total surplus being $16,128,450, against $13,919,975 the previous week.
The following table shows the changes from the previous week
and

comparison with the two preceding years.

a

Loans and dis.

Specie

Circulation

Differ’nces fr’m

1879.

previous week.

May 31.

$273,216,400

1878.
Juno 1.

$965,600 $257,272,800 $234,049,400
18.785.400
17,001,200
19.869.400
19,941,000
262.762,600 Inc. 4,436,900 225,754.000 199,867,900
877,900
22,547,400 Inc.
41.791.400
47,248,000
Inc.

59.271.700 Inc. 2,439,800
20.238.100 Dec.
65,900

..

Net deposits

1880.

May 29.

.

Legal tenders.
Legal reserve.

$65,890,650

Reserve held.

81.819.100

$16,128,450

Surplus

Inc .$1,109,225
Inc. 3,317,700

$56,438,500
60,576,800

$49,966,975

.$2,208,475

$4,138,300

$14,282,225

Inc

64,249,200

Railroad and Miscellaneous Stocks.—The stock market
has been variable, but with a strong tone developed in the past

two

days.

Monday wras a close holiday, and on the opening of
Tuesday morning, with a comparatively small
attendance, the bears renewed their attack, and on that day
and the one following they ran down the prices of some stocks
to the lowest prices made this year—notably Lake Shore, West¬
ern Union Telegraph and Erie stock and bonds.
Strong buyers
subsequently came in, and there has been quite a sharp recov¬
ery on Thursday and to-day, although in the last half hour of
business a reaction of /£@1 per cent took place in many cases.
It would be hazardous to predict that the recent bears have
closed their campaign and mostly covered, but it is evident that
there has been more decided and well-sustained buying in the
market the past two days than for a long time previous. The
absence of Mr. Vanderbilt
from the cuuuuy,
»auuciuuL uuiu
country, aiiu.
and the
me lack
laci of
support which has been so apparent in some of his stocks—j
-particularly Canada Southern and Michigan Central—have gi
given
rise to various rumors as to his selling out other stocks than
N. Y. Central & Hudson; but nothing on the subject is known
satisfactorily.
At the annual meeting of the Chicago & Rock Island Rail¬
road at Chicago, the increase in the capital stock was ratified,
the

market

206,973

Central of N. J

The last statement of the New York City

220

Chicago & Alton

Chic. Burl. & Quincy
Chic. Mil. & St. P
do pref.
Do
Chic. & Nortliw
Do
do pref.
Chic. Rock Tsl. & Pac.
Col. Chic.& Ind.Cent.

7,999
85,215
810

68,015

2,495
766

2,308
14,835

Del. & Hudson Cana!
Del. Lack. & Western 187,050
Hannibal & St. Jo...
7,750
Do
do pref.
8,300
2.420
Illinois Central
1,900
Lake Erie & Western
268,035
Lake Shore
Louisville & Nashv..
2,669
Manhattan
5,260

Michigan Central....

8,110
12,480

Morris & Essex
Nashv. Chatt. & St. L.
N.Y. Ceut.& Ilud.Riv
N.Y. Lake E.& West.
Do
do pref.
Northern Pacific

1,773

Missouri Kau. & Tex.

26,400
18,367
220,590
5,600
6,480
Do
10,537
pref.
Ohio & Mississippi
15,630
Pacific Mail
55,690
..

Panama
Phila. & Reading
St.L.Iron Mt.&South.
St. L.& San Francisco
Do
pref.
1st pref
Do

50

18,035
12,100

2,800
1.420
100

Onion Pacific
6,070
Wab. St. L. & Pacific
7,835
Do
do pref.
23,600
Western Union Tel.
112,270

9014 Mar. 81 3312 897i
Mar. 29 j 75
10014
2 116
113
Juno 2 152
Jan. 26 lllifi 134i«
66^ May 25 8538 Mar. 27j 343s 82i*
99
May 10 10712 Mar. 29i 7434 102%
Mar. 31| 495s 94i«
871a May 11 97
104
Feb. 10 110^2 Mar. 23; 7678 108
149
Jan.
2 19434 Apr. 14 119
1501*
28
9*2 May 11
25*8 Jan. 26;
5891*
60
May 25 8638 Mar. 30 38
94
68 *2 May 25
947s Mar. 22 43
227s May 25 42 *2 Feb. 24' 1314 41i*
70i*
Feb. 24' 34
63*2 May 25, 76
99 *2 Jan.
Mar. 3l! 7914 100%
2 11' >
2812
2014 May 11 383s Mar. 4 *16
95
4
67 fr08
June 2 lllis Mar.
89i*
35
2
86*8 Jan.
8 164 *3 Apr.
72%
24
May 18 5712 Mar. 16 35
5 73% 98 ‘
75
Mar.
May 17 95
28*8 Mav 25 49*4 Jun. 27
533 35%
100
May 24 IIOI2 Feb. 28 75ifi 10413
Mar.
5 3512 83
47^ June 1 128
122
May 11 137 Mar. 31 112 139
2
30
June 1 48 7s Feb.
2118 49
47
May 25 73 78 Feb. 2 3712 78%
40%
20
May 11 36 Jan. 14 f 16
Jan. 13 t 4414 65
393s May 24 60
6
23
Mav 25 44*2 Mar.
7% 333#
2712 May 17 62
Mar. 8 103s 39%
45

May 25

99^ Jan.

•

-

,

2 190
Apr. 13 123 H82
3
17*4 May 24 723s Jan.
56
Feb. 17 13
34^2 May 25 66
2
Feb.
3ie 53
2514 May 11 48

168

Jan.

’

33
60
80

May
May
May
26^ May
51^4 May
86 s4 June

11
11
11
25
25

60*4 Mar.

8

8312 Mar. 9
9738 Jan. 19

Jan. 27
72^8 Jan. 27
2 II6I2 Feb. 24

4*8
9%
5712

•

*

60%
78%
95

48

Range from Sept. 25. t Range from July 30.
United States Bonds.—The market for

8858 116

*

Government bonds
the
4
which
are now quoted at
for
per cents,
109%@109M- Such a price as this for a 4 per cent United
States bond, just on the eve of a Presidential election, will at
least convince the buyers of Europe that our people have great
confidence in the stability of their government. There are few
large sellers of bonds at this season of the year, and the con¬
tinued Treasury purchases absorb the floating supply. , At the
Treasury purchase on Wednesday the total offers aggregated
over
$18,000,00^<;^>ting
in its favor, and but twenty-five shares $10,984,600, of which $2,890,000 were 4s, at 108*80 to 109*50, and
against it. Itjgpdecided to begin dividends on the new stock $875,000 4/£s, at 109*51 to 109*62. The following separate
at the rate of T$fr cent per annum.
The new certificates will awards were made : $200,000 4s, at 108*81; $10,000 6s of 1881. a*
be ready for delivery on Monday next.
106*81; $10,000 5s of 1881, at 103*16; $10,000 4s, at 108*80;

awcm/c

ui




jlu.1.

has been strong

JtfNB

4550,000 4s, at 108*86 ; $90,000 6s of 1881, at 106 85;
$1,328,400 6s of 1881, at 106*05, and $1,230,000 4s, at 109*10;
$23,000 6s of 1881, at 106*82; $31,300 6s of 1881, at 106*75;
and $7,300 5s of 1881, at 103*12. Total, $1,500,000 4s, $1,482,700
6s of 1881 and $17,300 5s of 1881.
An order signed by Secretary
Sherman, and dated June 1, was posted in the Sub-Treasury, to
the effect that during June sellers of United States registered
bonds, on which interest is payable July 1, will be required
to deposit in cash the amount of interest so due, being 3
per cent on 6s of 1880 and 1881 and 1 per cent on 4s, the trans¬
fer books having been closed.
The closing prices at tlie New York Board have been as fol¬
lows

:

Interest

May

May

June

Periods.

29.

31.

1.

June
2.

June
4.

June
3.

€s,1880..
6s,
6s,
6s,
5s,

1880..
1881..
1881..
1881..

5s, 1881..
4iss, 1891
4328, 1891
4s, 1907..
4s, 1907..
6s, cur’cy,
6s, cur’cy,
68, cur’cy,
6e, cur’cy,
6e, cur’cy,
*

2

108^0

o

reg. Q.-Jan.
coup. Q.-Jan.
1895..reg. J. & J.
1896..reg. J. & J.
1897..leg. J. & J.
1898..reg. J. & J.
1899.. reg. J. & J.

c8
r—

109
*126
*126
*126
*127
*128

This is the price bid: 110 sale was

*101% ”101% *10150
*10434 *104% *104 5g
*10370, *1035s *1033s
*103% *103% *103%
103% 103% *103%
109% *109% 10934
10930 *109% *10934
10778 108% *108%
109
109% 109%

xlOS
109
*xl23 *123
*xl23 *123
*xl 23 *123
*x 123 *123
*xl25 *123

w

lOGSg *10650

1067e

*12330

*123
*123
*123
*123
*123

*123%
*124%
*125
*126

made at the Boaru.

Bonds.—State bonds have been

strong
Virginia consols and new ten-forties, as also for the coupons,
and the legality of the tax-receivable quality appears to be
accepted as settled. Alabama bonds and the new North Caro¬
lina compromise bonds are in demand from home buyers.
Railroad bonds have been very active for the Erie new second
consolidated, which, early in the week, were sold heavily, and
after the payment of the coupon due June 1 (Tuesday) declined
to 77/4, on various speculative rumors apparently circulated for
the purpose of knocking down the price. From this point the
price recovered sharply, and to-day they sold at 83; the com¬
pany’s net earnings for the month of March alone were nearly
sufficient to pay the June coupon on these bonds.
The following were sold at auction:
Bonds.
State and Railroad

for

Shares.

110 Consumers’ Ice Co.95%@100%
50 Columbia Fire Ins
GO
16 Union Car Spring Co
7
41
-500 Jefferson Car Co

Minn. & St. Louis.3d wk May $12,565
Mo. Kan.& Texas.3d wk May
62,575
Mobile & Ohio
May ...... 130,148
Nashv. Ch.& St.L. April
155,466
N. Y. & Canada ..April
56,126
N.Y. Cent. & Hud. April
2,782,324
N. Y. L. Erie* W.March
1,644,958
N.Y.&N. Engl’d.3d wk May
41,043
North Wisconsin.3d wk May
1,929
Northern Central. April
- 386,130
Northern Pacific .April
183,227

10

Brooklyn Acad, of Musio,

with admission ticket
1
1

95

Brooklyn Art Asso
55
Brooklyn Building Co.... 11
Bonds.

$13,000 Newburg Dutchess &
Conn. RR. cony, income
bouds, due 1977, with 8
shares pref. stock, $50 ea.,
with each bond..

1st mort. 7 p. c., due 1902,
Oct., 1875, coupons on,
and interest
bonds
for

& Willim.
mort. bonds

RR. 1st

& Willim.

40
RR.

mort. bonds

5,040 New Haven
town & Willim.

26%

2d
.

39

Middle-

St.L.Alt.&T.II. ..3d wk May

22,933

Do ! (brchs).3d wk May
St.L. IronMt,AS.3dwk May
St. L. A San Fran .4th wk M’y
St.Paul & Duluth. April

95,030
50,800

file gross earnings from Jan. 1 to, and including, the period
mentioned in the second column.
/—Latest earnings reported.—w -Jan. 1 to latest dn te.or

$45,344
120,558

Ala.Gt. Southern. April

Albany & Susq ..April
Atch.Too. &S. Fe.4tli wk Apr
Atl. <fc Char. Air-L. March
Atl.&Gt. West.... March

438,841

Atl. Miss. & Oliio. April

143,099

Chicago & Alton .3d wk May

Dubuque&S.City.od wk May

Eastern
April
Flint & Pere Mar.3d wk May
Gal. Har.& San A.March
Grand Trunk. Wk. end.May22
Gr’t Western. Wk. end.May21
Hannibal & St. Jo. 3d wk May
Houst. & Texas C. April
Illinois Cen. (III.) .April
Do
(Iowa). April
Indiana Bl. A W. .2d wk May
Int. & Gt. North. .3d wk May
Iowa Central. m .March
K. O. Ft. S.& Gulf .3d wk May
Kans.C.Law.&So.3d wk May
K. C. St. J. & O. B.4tli wkMar
Little Rk. & Ft, S. 2 wks May
Louisv. & Nashv.3d wk May
Louisv.N. Alb. AC. March




..

.March

$133,651

441,984
2,277,500
247,197
1,212,327
637,343
778,303

333,643
1,738.629

40,861

659,521

518,254

4,924

118,478
1,003,702

78,473
611,483

118,113
29,563
226,378

197,494.
935,182
482,260

501,313

156,058
163,220
26,780
1,406,600 5,018,539 4,832,729

162,611

845,337

485,527

158,405 108,080 2,619,589 1,609,004
1,280,319 1,018,755 5,095,021 4,177,968

Chic. Burl. & Q...April
Chio.Cl.Dub.A M.4th wk Apr
16,883
Chic. & East. Ill..3d wk May
24,953
Chic, Mil. & St. P.May
1,135,000
Chic. & Northw.. April
1,276,552
Chic.St. P. & Min.3d wk May
25,218
Chic. & W. Mich. .2d wk May
15,232
Cin. Ham. & D...April
197,048
Cin. Sand. & Clev.March
54,634
Cin. & Bpringf. ..3d wk May
15,137
Clev. Col. Cin. & 1.3d wk May
75,830
Clev. Mt, V. & Del. 2d wk May
7,369
Del.&H.Can.. Pa.Div.. Apr.
98,381
Denver & Rio Gr May
191,693
Denv.S.P’kA Pac.2d wk May*
51,803
Det. Lans. & No..3d wk May
21,851

Maine Central

$199,801

133,389
75,806
341,824

36,861

Burl.&Mo.R.in N.3d wk Apr.
49,123
Cairo & St. Louis. 1st wk May
8,650
Canada Southern.March
409,189
■Carolina Central.April
28,032
Central Pacific...April
1,374,000
Ches. & Ohio
April
221,559

1879.

$33,464
78,958

172,500
78,910

Bur.C.Rap.&No..3d wk May

1880.

1879.

1880.

Mo.

201,225
8,175
409,091
16,884
857,323 4,409,000
1,128,894 4,924,592
22,544
10,300
170,140
47,356
12,822

56,670
7,315
88,942

22,011

20,245

247,297
25,817
81,011

191,538
85,085

48,881
247,807
426,550

117,920

19,099
- 20,217
89,581
19,058
11,551
45,363
11.018
138,600

70,436
141,500

'

21,561
192,698
19,371
106,619
155,114
68,947
31,216
158,318
378,339
114,252
22,323
19,650

54,506
17,412
7,835
34,832
7,377
82,705
49.224

127,080

467,578
292,011

151,349

302,929
3,236,501

4,133,880
384,905
221,416

436,757
345,220
863,906
586,388

223,764

1,114,961
126,450

375,949
353,933
317,059
697,551
417,044

3,809,322. 3.286,338
1,817,677 1,601,661
890,335

1,077,384
1,781,783
502,150
418,069
585,183
225,800
422,437
256,077
399,559
159,765

2,821,773
179,392

368,562

1,10*,798

31,640
6,005

173,000

745,075

873,325

1,622,957
448,907
379,119
565,639
157,706
289.876

150,387
379.559
99,128

1,953.281
129,968
322,792

19.713
4,261
104,103

495,241

377,579

106,008
827,423

100,052

4,744

108,919

447’658
500,874
33,260
518,000 5,896,997 4,693,302
172,028 4.361,799 2,996,639
15,338

27,907

640.000
278,690
22,044

*

9,711

49,037

A

Demand.

Sixty Days.

Dnenmo/ntary commercial
PariR (francs)
ntwc.rp (francs)

(francs)
(guilders!
Hamburg (reie.hmarks)

-©4 87
85%®4 86
85
©4 85%

4 86

4
4
4
5
5
5

Amsterdam

84%®4 85
20 ©5 lS%
2058©5 13%
20 ©5 18%
40 %©
40%

9470®

(reielimarks)
(reie.hmarks)
(reichmarks)

.

9470®
947s@
94 70®

__

Bremen

4 89%®4 90
4 89
©4 891*

4
4
5
5
5

88
©4 88i*
87%©4 88
17 %® 5 15®g
18% 3 5 16*4
17%®5 15*%

40%©
95 %©
95 %®
95% ©
95%©

95%
95%
95%
95%

401*

95%
95%

95%
95%

sh*vrs
of New York City for the
of business on May 29, 1880.

Bauk*.—The following statement

the condition of the Associated Banks
week ending at the commencement

Average amount of
Banks.

Capital.

Loans and

Specie.

discounts.

City

Tradesmen’s
Fulton
Chemical
Merch’nts’ Exch.
Gallatin Nation’l
Butchers’&Drov.
Mechanics’ & Tr.

Greenwich
Leather Man’f’rs
Seventh Ward...
State of N. York.
American Exch..
Commerce
Broadwav

Mercantile
Pacific

Republic
Chatham

People’s
Irving
Metropolitan....
Citizens’
Nassau
Market

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

Continental
Oriental
Marine

importers’ & Tr..
Park
Mech. Bkg. Ass’n
North River
Bast River
Fourth National.

Central Nat
Second Nation’l.
Ninth National..
First National..
Third National..
N. Y. Nat. Exch..
Bowery National
N. York County..
Germ’n Americ’n
Chase National..
Fifth Avenue....
Total

5,743,000
7.207.900
6,461.000
4,248.000
7.618.800

1,200,000

3,000,000
1,000,000
1,000,000
1,000,000
600,000
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
450.000
412,500
700,000
1,000,000
500,000
3,000.000
600,000
1,000,000

500,000
500,000
500,000
1,000,000
1,000,000
300.000

400,000
1,500.000
2,000,000
500,000
240,000
250,000
3,200,000
2,000,000
300,000
750,000
500,000
1,000,000
300,000
250,000
200,000

2.552.000
1.825,600
2,239.000
513,000
808,600

8,820’.G00

2,000,000
2,050,000
2,000,000
2,000,000

2.131.400

3,059,000
7.330.900

3,024.600
*1,717,800
12,0513,500
3.725.200
4.199.600
1.445.200
-

Legal

Net dept’s
other

Tenders. than U. S.
'■

$

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

Hanover

154,829
391,575
758,500
833,405

39,131

74,898

June 4.

North America..

316,004
1,414,737

73,830

12,794,679 10,314,553

days and 4 89%@4 89% for demand.
in domestic bills the following were the rates of exchange on
New York at the undermentioned cities to-day : Savannah—
buying
selling % premium; Charleston—buying % premium,
selling % premium; New Orleans commercial, 100 premium,
bank, 250 premium; St. Louis, par; Chicago, par@25c. discount;
and Boston 30c. discount.
Quotations for foreign exchange are as follows :

New Yorlt City

I1!

133,832

306,303

102,534
97,159
55,350

Mileage last year was 85 miles, against 147 miles now.
Exchange.—The market for foreign exchange is rather firm oa
a moderate business.
The posted rates for prime sterling are
the same as last week. The actual rates are 4 86@4 86/£ for 00

-earnings of all railroads from which returns can be obtained.
The columns under the heading “Jan. 1 to latest date” furnish

Week

7,385
4,030
2,311

*

Berlin

pons

441,062
151,803

115.656

11,900

St.P.Minn.AMan.Sd wk May
St,Paul AS.City..3d wk May
Scioto Valley
3d wk May
Texas & Pacific.. April
Tol.Peoria <fe War.3d wk May
Union Pacific
lldysMay
Wab. St. L. & Pac.4tli wk M’y
Wisconsin Cent... 1st wk Apr
Wisconsin Valley.4th wk Apr

RR., cou¬

of May and Nov.,
1872, from 1st mort. b’ds.

38,894
31,918
68,084
1,126
328,869 1,466,809 1,201,645

167,593
41,704
8,654
373,283
547,521
110,586
307,063
478,261
13,065
206,099
241,250
10,381
80,828 2,191,109 1,576,898
425,701
937,186
2 3,000
148,432
101,527
27,641

a

PVanhfortr

The latest railroad earnings and the totals from Jan. 1 to
latest dates are given below. The statement includes the gross

*

r

Swiss

60,000 New Haven Middletown

33,307

764,970
593,316
118,593
8,924,134
3,711,344

878,130
215,607 1,132,304
3,836,720 2,876,222
1,041,142
« *i mi

Pliiladel. & Erie..April
.
334,947
Plilla. A Reading.March
1,457,322
: i*
ck rr/\A
Pitts.Titusv. AB.April......
55,700
Ports.Gt F.ACon. April
17,354
Rensselaer & Sar. April
164,598
*—

941,471

2.214,626 10,548,003
1,356,780 4,193,557

Pad. &

Good commercial

$110 attached
37%
3,000 New Haven Middletown

128,506

6,002
Memphis.. 2d wk May
2,990
Pennsylvania ....April
3,488.366 2,630,022
Peoria Dec. & Ev.4th wkMar
9,580
4,784
Pad.&Elizabetlit.2d wk May

$145,147

1,586,601
889,588
721,711
220,263

117,592

10,608

Ogd. & L. Champ.3d wk May

1879.

1880.

$209,044

$7,673
47,595

Prime banker^’ sterling bills on London.
Good bankers’ and prime commercial...

$2,000 Chic. & Can. So. RR.

✓-Jan. 1 to^latest date.

-Latest earnings reported.—.
1879.
Week or Mo.
1880.

m:

*X0112
*10412
*x035g
*106%
*103^
103%
10912
*x093s

J. *10412
J. *10412
J. *106%
J. *10658
103 %
reg. Q.-Feb.
Q.-Feb. 10310
reg. Q.-Mar. 10912
coup. Q.-Mar. HOSq
&
&
&
&

reg. J.
coup. J.
reg. J.
J.

691

CHRONICLE.

THE

5, 1880,]

728.000
4.568.400
332.800
187.700
2,812,800
613.600

618.800
245.100

$
80S.000
215.700
370.500

664,000

4,873,000

284,000
428.600
276.000
218,000
120,100
186.300'

2,026,000
10,131,200

158.700

824.300
3.434.500

186.600

87.009

491.100

200.800

11,912,000
11,305.200
5,351.100

3,914.000

1,018.000

6,438,100

1,392.100
379.100
439.600
293,1500
315,800
334.200
118.300

2.219.800
7.420.600

1.161,800

140,000
605.700

2.619.70U

348.100

364.300

11,052.000

2.239,000
273.500
172.900
482.800
305.800

1,392.000
274.600
138.900
85.800
124.200
190.000
141.000
380.400
240,000
180.000

1.771.800
2.230.900
2.477.700
1.998.500
3,373,000

4,050.700
5.150.700
1.488.700
2.835,000

16,853,500
13,203,700
891.900
842.100
937.100
15.298.900
8.181,000
2,750,000
3.956.000
12.898.300

7.810.700

750,000
300,000

1.317.800
1.425.800
1.332.200
2.086.700
2.825.400

100,000

'1,471,500

642,300
218,000

1,133,200
29.200
610.000

4.222,000
2.959.800
163.200
30.100
70.600

2.721.800
639,000,
550.000
408.000
2 256,600
2,050,200
113,000

40.000
22.100
350.S0C
625.500

248,600

3,089 100
2.630.700

843.800
2.135.400
824,900
2.731.400

S22.400

2.169.300
5.714.400
3.327.600
1.340.300

1.258.800
11.741.100

195.500
280,60G

2.850.400

628.800
332.700
218.000
564.200
460,000
44.600
153,000

1.881.100

1.230,100

110,000
20,500

3.569.900

3,547, S00f
5.966,000

51.500
205,000

931,000
961,300

1,098.300
1,984.600
67.800
153.900
105.700
1,271,800
957.000
219.000
452.300
657.900

437.500
97.400

291.0COf
377.700
104.200
173.200
48.800

tton.

f

9,435,000
5.190.100
7,058,700

395.400
830.800

Oireula-

958,000

10.728,000
11.460.100
4.003.300
3.326.800
2.065.400

3,554.600
3.495.300
1.214.400

2,083.900
7.144.300
2.430.300

11,332,000
1.834.700
2,088.500
1.992.200

1.633.700
3,360.000
2.644.300

5.366.700
1.353.200

3.160,000
19,342,300
16.2a3.20C

671,100
974.800
682,700

14,469.900
7,040,000
3,133.000
3.806.200
13,201,000
8,566 200
934.000

1.140.000

1,472.500
1.922.800
2.897.300
1.451.200

485,000

400

569,800
44,500
1,100

6*7,000
799,200
073.100

707,000
257.700

180.000

2,700
476,600
37,100
630.000

448,000
1.398,900
895.800

179.700
M 23,000
45,000

5,400
8CO.OOO
438,400
45.000

260,300
3.900

437,600
450,000
450.000
4,600

769,900
180,000
1,094,ICO
587,300
355,100
225,000
810, COO

1,487,000
45,000
180,000
450.000
800.000
260.000

224,200
180,COO

244,800

60,475,200 273,216.400 59,271,700 22.547,400 $62,762,000 20^88,!§•

« 4

/

CHRONICLE

THE

592

QUOTATIONS

GENERAL

|Vol. XXX,

BONDS.

OF STOCKS AND

Quotations in New York represent the per cent value, whatever the par may he; other quotations are frequently made per share.
The following abbreviations are often used, viz.: “ M.,” for mortgage; “ g.,” for gold; “ g’d,” for guaranteed; “ end.,’’ for endorsed;
for consolidated; “ conv.,” for convertible; “ s. f.,” for sinking fund; “ 1. g.,” for land grant.
Quotations in New York are to Thursday; from other cities, to late mail dates.
Subscribers will confer a favor by giving notice of any error discovered in tbese Quotations,
Ask.

Bid.

United States Bonds.

reg—J&J 103%

68, 1881

coup.... J&J 106%

6s. 1881

5s, funded, 1881
5s, funded, 1881
4*38,1891
4*38,1891
4s, 1907.
4s, 1907
6s, Currency, 1895
6s, Currency, 1896
6s, Currency, 1897
6s, Currency, 1898
6s, Currency, 1899

106%

6s, new bonds, 1886-1895... J &
6s, consol., 1905
J &
6s,
do
ex-coup., 1905...J &
6s, consol., 2d series
J &

103*4

6s. deferred bonds

reg... Q—F 103%
coup...Q—F 103*e
reg.. Q—M 109*2
coup.. Q—M 109*2
reg... Q—.1 107%
coup.. .Q—J 108%

reg—J&J
J&J
reg
J&J
reg
reg
J&J
reg—J&J

103*4

10-40s,

10934

CITI

108
109

123
123
123
123
123

M&N

STATE SECURITIES.
Alabama—Class “A,” 2 to 5,1906...
do

small

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

6s, City Hall, 1884
Q—J
6s, Pitts. & Con’v. RR.,1886.. J&J
6s, consol., 1890
Q—J
6s, Balt. & O. loan, 1890
Q-J
6s, Park, 1890
Q—M
6s, bounty, 1893
M& 8
6s,
do
exempt, 1893 ...M&S
5s, funding, 1894
M&N
J&J
6s, 1900
6s, West. Md. RR., 1902 .... J&J
5s, consol, 1885
Q—J
6s, Valley RR., 1886
A&O
M&N
5s, new 1916
Bangor, Me.—6s, RR.,l890-’94.Var.1
6s, water, 1905
J&Jf
6s, E.& N.A. Railroad, 1894..J&Jf
6s. B. & Piscataquis RR..’99.A&01
Bath, Me.—6s, railroad aid
Varl
5s, 1897, municipal
Belfast, Me.—6s, railroad aid, ’98.. 1

108

J&J*

Delaware—6s
Florida—Consol,

J & J
F&A
J & J

85
100
110

7s, gold bonds, 1890
Q—J
8s, ’76, ’86
A & O
Illinois—6s, coupon, 1879... .J & J
War loan, 1880
J & J
Kansas—78, long
J&J
Kentucky—6s
Louisiana—New con. 7s, 1914..J&J
7s, small bonds
Maine—Bounty, 6s, 1880
F&A

110
110
101
101
107
102

gold 6s
Georgia—6s, 1879-80-86
7s, new bonds, 1886
7s, endorsed, 1886

War debts assumed,
War loan, 6s, 1883

109*2

do

do
do

113

ii’i'

100*2

6s,’89.A& Of 113*2 114

1894
1888

Michigan—6s, 1883

M&N 1 107
A&G + 103

105*2
110
114
114

109*2
107
103*2
109
110
108

109
105

M& N 115
7s, 1890
30
Minnesota—7s, RR. repudiated
107%
Missouri—6s, 1886
J &
110
Funding bonds, 1894-95
J &
110
Long bonds, ’89-90
J &

Asylum or University, 1892. J &
Hannibal & St. Jo., 1886
J &

40

J&J*

110
99

115

6s, exempt, 1896
J&J* 118
New York—6s, gold, reg., ’87.. .J&J 107
68, gold, coup., 1887
J & J 107
6s, gold, 1883
J & J 106
6s, gold, 1891
J&J 117
6s, gold, 1892
A & O 118
6s, gold, 1893
A&O 119
68, old, 1886-’98
6s, old
6s, N C. RR., 1883-5

6s,
6s,
6s,

*

6s,
6s,
6s,
6s,

6s,
6s,
6s,
6s,
4-fl

J&J
A&O 28*2
J & J 110

109

109

111

117
119
100
110
112
106
110
106
106
103

101
104

A&O 110
off
J & J 90
A & O 90
off
Funding act of 1866,1900 J&J 10
do
1808,1898A&0 10
new bonds, 1892-8
J&J 17
do
A&O 17
;
2*2
Chatham RR
A&O
3*2
special tax, class l,1898-9A&u
3*2
do
class 2
A & O
3*2
class 3
A&O
do

Ohio—6s, T88T.V.V.V.V.V.V.V.V.'i

72
& J 103

68,1886
J&J
Pennsylvania—5s, gold, ’77-8.F&A*
5s, cur., reg., 1877-’82
:.F&A*
5s, new, reg., 1892-1902
F&A
6s. 10-15, reg., 1877-’82
F&A
6s, 15-25, reg., 1882-’92
F & A
Rhode Island—6s, 1882
M&S I
6s, 1893-9
J&J
South Carolina—6s, Act of March )
23,1869. Non-fundable, 1888.. >
Improvement consols
Tennessee—6s, old, 1890-98 J&J

115
115

J&J 1

*

107
107
107
108
102

100*2

125
71
62

71

116

108
108
108
110

124

75"

103

7-30s, new—
6s, g., 1906..ft

Hamilton Co., O., os

7s, short,
long 7s & 7-:

30-year 5s.

102
80

Columbus, Ga.—7s, Various..
Covington. Ky.—7-30s, long
7-30s, short

125
123
112

108
102
101
114
107
107
90

.......

.

8s
95
95

Dallas, Texas—8s, 1904
10s, 1883-96
108
103*2 Dayton. O.—8s
101*2 103
Detroit, Mich.—7s, long

......

108
115

115

2%
36
25
25
103
111
112
113

4*2

District of Columbiar—
Consol. 3-65s, 1924, cou]
Consol. 3-65s, 1924, reg.

s, guar.,

1891..

imp. 7s, 1891
Wash.—Fund.loan (Cong.) 6s,j>

•

Perm.

t Purchaser also pays

1

107
107
107
109
102
109
110

accrued interest.

106

101
103
107
101
114
100

113

109*2
106
104

loan, 1894-96
J&J
5s, 1882
M&Ni
Macon, Ga.—7s
Manchester, N.H.—5s, 1883-’85J&J i
6s, 1894..1
J&Ji
Memphis, Tenu.—6s, C
’.. •.. J&J
6s, A & B
J&J
6s, gold, fund., 1900
M&N
6s, end., M. & C. RR
6s, consols
J& J
Milwaukee, Wis.—5s, 1891—J & D
ri 8, 1896-1901
Var
J&J
78, water, 1902
Water

114
85
101
111
22
22
22
25
45

96
108

113
20

I...J&J

20

6s, funded
M& N
lontgomery, Ala.—New 3s ..J &J
5s, new

32
45
55
95

5s

115

100*2 101*2
95
102
112

30

100
114

118

97

6s, new.

102
102

105
114
Var 111
Var.i L14*2 118
rew Bedford,Mass.—6s, 1893. A&Of 113*2 114*2
58, 1900, Water Loan
A.&O 106*2 107*2
r. Brunswick, N. J.—7s
.'t 100 105
.

92
111

6s

6s, Town Hall

City, 7s,
do

do

109
106

108

1Q0

103
117
103
106

115
100

sewerage

6s

104
5s, 1897
Orleans, La.—Premium bonds. 29

Consolidated 6s, 1892

Var.

97*2
112
112

35

31

37

Railroad issues, 6s, ’75 & ’94..Var.
Wharf impr., 7-30s, 1880—J &D

N.Y.City- -68, water stock,’80. Q—F i 101
dp
6s,
1879
Q—Fi 100*2
5s,
do
1890
Q-Fi 108
6s,
do
1883-90
Q—F 104
6s, aqueduct stock, ’84-1911..Q—F 106
7s, pipes and mains, 1900..M&N 125
6s, reservoir bonds, 1907-’11.Q—F 118
5s, Cent. Park bonds, 1898... Q -F 106

102
101

109
110
120
126
120
108
6s,
<Jio
1895...Q—F 117 118
7s, dock bonds, 1901
M & N 125 126
6s,
do
1905
M & N 118 1201
126
7s, market stock, 1894-97..M&N 125
108
6s, improvem’t stock, 1889.M & N 107
7s,
do
1890 ...M&N 114 116
124
6s, gold, cons, bonds, 1901.M&N t 122
6s, street impr. stock, 1888.M & N 102*2 105
7s,
’79-82.M & N 104 107
do
do
118
117
68, gold, new consol., 1896
107
106
7s, Westchester Co., 1891
118
Newton—6s, 1905, water loan..J&J 117
5s, 1905, water loan
J&J 107 108
N orf oik, V a.—6s,reg. stk,’78-85:.J&J 102
121
8s, coup., 1890-93
Var. 116
8s, water, 1901
...M&N 117 118
107
Norwich, Ct.—5s, 1907
A&Oi 105
7s, 1905
J.&J 118 120
Orange, N. J.—7s
.t 105
Vs
f 101*2 103*2
Oswego, N. Y.—78
Var 112
—78, long
104
....J&J 103
Petersburg, Va -6s
....J&J 112
8s
115
113
8s, special tax

il*2

Pittsburg,Pa.—48, coup.,1913..J&J.
5s, reg. and coup., 1913
J&J.
7s, water, reg.& cp.,’93-’98...A&O.
7s, street imp., reg, ’83-86—Var.
Portland, Me.—6s, Mun., 1895.Var.i
6s, railroad aid, 1907
M&S
Portsmouth, N.H.—6s, ’93,RR. J&J I
Poughkeepsie. N. Y.—7s, water— t

4s, new...

115
112
115

36

7s, long
7s, water, long..

Philadelphia, Pa.—5s, reg
J&J 105
6s, old, reg
J&J* 107
6s, new, reg., due 1895 & over. J&J 123*2

95%

do
do

109

117

111

95%

37

105
112
113
114

102
105

25
30
115 *
102

J & T 118

ew

120

114*2
101*2

Price nominal; no late transactions.




111

M&Ni
i 106% 108

4*2

-

.J&J
.J&J
M&Si
M &8i
J &Jt
J&D

111
107
107
104
102
105

116
115*2 116

J&J1

122
110
105
103
112
107
100
100
110

111*2

100

05%

108

.owell, Mass.—6s, 1890, W. L.M&Ni 112% 113*2
<ynchburg, Va.—6s
J & J 103

do

68, short..-,

do
do

J&J

Town, 6s, war loan

Southern RR. 7-308,1902...

18*2
18*2
4*2

il07
101
108

3

106*2 108

107

110

11
11

109
118

Mass.—6s, 1894... A& OI 113

8s

112*2

109
106
108
108
110
101
104
104 . 115
126
130
125
130
127
139
111
115
120
117
106
114
101*2 110
114
104
113*2 117
111
107
105
106
113
114
116
117

30

do
do

:

116*2 117*2
110
100
107

West Park 7s, 1890.
fin

coup,
coup,

T1PW

121
121
108
112

J&J I
116
.)&J1 115
J&Ji 115*2 116

Cook Co. 7s, 1892
Lake View Water Loan 7s
Lincoln Park 7s

105-

105
100
6s
A&O 102
7s.M&S and J&D 106

Bayonne City, 7s, long
-awrence,

114
105
113

114*2 115% : ■ong Island City, N. Y
1 95
111
113
J ouisville, Ky.—7s,longdates. Var.i 108*2
116
121
Var. 106*2
78, short dates
119
125
68, long
Var.i 105
1103i 111*4
6s, short
Var.i 103*2

114
107*2 108

Chicago, Ill.—6s, long dates
7s, sewerage, 1892-’95
1 7s, water, 1890-’95
1
7s, river impr., 1890-’95
7s, 1890-’95

Hudson County,
do

114*2, 115*2 ]

113

do

do
do

.

108

North CarolinaOftlo

6s, funded.
113
] uaianapolis,lnd.—7-30s,’93-99. J&J
105
ersey City—6s, water, long, 1895..
104%
1899-1902
7s,
do
J & J
107
7s, improvement, 1891-’94—Var.
103
7s, Bergen, long
J & J

Ask.

18
20

-10s.

108

Charleston, S.C.—6s, st’k,’76-98..Q-J
7s, tire loan bonds, 1890. ...J & J 60
106
7s, non-tax bonds
4s, non-taxablo
—

110

101
117
105
107

Capitol, untax, 6s

Camden City, N. J.—6s, coup.. J&J*
J&J
7s, reg. and coup.

106*2
107
do
do
1887
J &
N. Hampshire—6s, 1892-1894. .J&J 114*2 115
War loan, 6s, 1901-1905
J&J 116*2 117
War loan, 6s, 1884
M&S 106 107
New Jersey—6s, 1897-1902

105

Cambridge, Mass.—5s, 1889...A&Oi
6s, 1894-96. water loan
J&J1
J&J
6s, 1904, city bonds
Eimden Co., N, J.—6s, coup... J&J*

J & J

]
]

Hartford Town 4*28, untax.

Boston,Mass.—6s,cur,long,1905Vari
Var.i
5s, gold, 1905
4s, currency, 1899
J&J
Sterling, 5s, gold, 1893
A&Otf
do
- 5s, gold, 1899
J&Jt
do
5s, gold, 1902
A&Otl
Brooklyn, N.Y.—7s, ’79-80....J & J
J & J
7s, 1881-95
7s, Park, 1915-18.
J&J
J & J
7s, Water, 1903
7s, Bridge, 1915...".
J & J
6s, Water, 1899-1909
J & J
6s, Park, 1900-1924
J & J
Kings Co. 7s, 1882-’89
M&N
do
M&N
6s, 1880-’86
Buffalo, N. Y.—7s, 1880-’95....Var
7s, water, long
Var.

43
LOO

M&S 105
Maryland—6s, defense, 1883.. J&J 108
6s, exempt, 1887
J&J 111
6s, Hospital, 1882-87
J&J 110
6s, 1890
Q—J 108
5s, 1880-’90
Q-J LOO
Massachusetts—5s, 1883, gold .J&J I 103
5s, gold, 1890
A&O 107
5s, gold, 1894
Var.i 109
5s, g., sterling, 1891
J&J { 106
do

90

1904...F& Ai

45
45
45
45
112
103
112
103

talveston, Tex.—108, ’80-’95 ..Var.
Galvest’n County,10s, 1901.J & J 102

]
]

-

Baltimore—

107

6s, 1883-4-5

J&J*

80

1 105

7s,Miss.O. & R.Riv.,1900..A & O
7s, Ark. Central RR., 1900. A & O
7s, Levee of 1871,1900
J &J

Allegheny Co., 5s

61

10

7s, L. R. & Ft, S. issue, 1900. A & O
7s, Memphis & L. R., 1899..A & O
78,L. R. P.B.&N. O., 1900..A & O

J&J*
J&J*

Augusta, Me.—6s, 1887, mun..F&Af 104
Augusta, Ga—7s
Various 104
100
Austin, Texas—10s

60

]
<

J&J

6s, 1876-’90
Wharf 7s, 1880

’all’River, Mass.—6s,

5s, 1894, gold
F&A i
’itchburg, Mass.—6s. ’91,W.L.. J&Jt

105
r 112

Do.
8s
Waterworks

67
13
5
6
5
5
5
6

Arkansas—6s, funded, 1899 ..J&J

California—6s, 1874
Connecticut—5 s

57*2

8
43
94

Various

Atlanta, Ga.—7s.
100

78 1905..

j

......

SECURITIES,

Albany, N. Y.—6s, long
7s long
Allegheny, Pa.—Is

Var.
A&O

7s, funded, 1880-1905
7s, consol., 1885-98

41
87

new

Bid.

City Securities.
]

6*2

Tax-receivable coupons

FOREIGN GOV. SECURITY.

Quebec—5s, 1908

23
23
82
58
25

J &

Virginia—6s, old, 1886-’95

UNITED STATES BONDS.
6s, 1880
r eg—J&J 101*2
6s, 1880
coup—J&J .104*2

Ask.

Bid.

State Securities.

“ cons,

; In London

105

106

95*2
119
106
112
113*2
107
112

114
114

107*2
116

June 5,

THE

1880.]

GENERAL QUOTATIONS
For

OF STOCKS AND

Explanations See Notes at
Bid.

City Securities.

1 107*2
116*2
1106*2
107%

Bid.

90
P.—Gen.M.7s,’96.J&J
Buff.N.Y.&Erie—1st, 7s, 1916.J&D 117*2
96
107*2 Buff.N.Y.& Phil.—1st, 6s,g.,’96. J&J
2d mortgage, 7s, g
108*4
89*2
Bur. C. R.&N.—lst.5s,new,’06.J&D
123

Buff. Brad.&

108
118

BONDS—Continued.

Head of First Page of

Railroad Bonds.

Ask.

593

CHRONICLE
Quotations,

Bid.

Railroad Bonds.

Ask.

Chic. & Pad.—1st M„ 7s, 1903.
Chic. Pek.& S.W.—1st, 8s,1901.F&A

100
119

Ask.

+

Providence, R.I.—5s, g.,1900-5. J&J
Chic.R.I.&Pac.—6s, 1917,coup.J&J 117% 118
6s, gold, 1900, water loan. .J&J
6s, 1885
M& S
6s, 1917, reg
J&J 117*2 118
Richmond, Ya.—6s
J&J 122
Chic.&S.W..l8t,7s,guar.,’90.M&N
89%
40
Chic. St. L. &N. O.—
8s
J & J
36
Bur.&South w.—lst M., 8s,’95.M&N
108
tlOO
105
1st con. 1914, 7s
Rochester, N.Y.—6s
Yar. 1114
Cairo
&
St.L.—1st
M., 7s, 1901. A&O
65
2d mort 6s, 1907
J&D
t
7s, water. 1903
J & J tlOO 118
Cairo & Vine.—1st, 7s, g.,1909. A&O
110
Ten. lien, 7s, 1897
Rockland, Me.—6s, ’89-99,RR.F&A
M&N
Califor. Pac.—1st M., 7s, g.,’89. J&J 1105
67
105
Miss. Cen., 1st M.,7s,’74-84.M&N 102
105
'..Var
98
St. Joseph, Mo.—7s
2d M., 6s, g.,end C. Pac., ’89.J&J
68
105
108
do
2d mort., 8s
95
t90
Bridge 10s, 1891
J&J
3d M. (guar. C. P.), 6s, 1905. J&J
113
65
N.O. Jack.& Gt. N.,lst„8s,’86. J&J 111
St. Louis,Mo.—6s cur., long hds.Var. *108*4
55
do
do
3s, 1905. J&J
110
121
do
2d M.,8s,’90, ctfs. A&O 106
6s, short
Var 1105% 106*2 Camden & Atl.—1st, 7s, g.,’93..J&J
106
110
1106*2
do
2d
mort.
debt
A&O
Water 6s, gold, 1890
109
&
D
J
Cam.& Bur. Co.—1st M., 6s,’97.F&A
101% 102*2
do
do (new), 1892. A & O 108*2
89
Ch.St.P.&M’polis,lst,6s,g,’18.M&N
8834
Canada So.—1stM.,guar.,1908,J&J
99
108*2
60
Land M.. inc., 6s, 1898
M&N
45
Bridge approach, 6s
Carolina Cent.—1st, 6s, g.,1923. J&J
112
Cincinnati Hamilton & Dayton—
Renewal, gold, 6s
104
Var. 108*4
Catawissa—1st M.,7s, 1882..F&A
115
2d mort., 7s, 1885
Sewer, 6s, gold, 1891 -’93
Var. 108*2 111
J&J 1105 114
New mort., 7s, 1900
F&A 110
1110
Consol, mort., 7s, 1905
St. L. Co.—Park, 6s, g.,1905.A & O 109
108*2
107
A&O
Cedar F. & Min.—1st, 7s, 1907. J&J
113
do
A&O 1104 104*2
6s, 1905
Currency, 7s, 1887-’88
Var. 109 105
1112
Cedar R. & Mo.—1st, 7s, ’91...F&A
100
Cin. H. & I., 1st M., 7s, 1903.J&J t99*2 100
St. Paul, Minn.— 6s, ’88-’90.. J & D
1114*4 114*2
1st mort., 7s, 1916.
111
M&N
108
113
Cin.
I. St. L. & Chic.—1st, new
111
7s, 1890
M&N 110
Cent, of Ga.—1st. cons., 7s, ’93.J&J
Cin.& Indiana, 1st M.,7s,’92.J&D tl06
8s, 1889-96
Var. tll3*2 114*2' Macon & Aug., 2d,end.,7s,’79. J&J 100 110
do
113
2d M.. 7s,’82-87.J&.T 1102
Salem, Mass.—6s, long, W. L.. A&O
J&J 111
107
j Cent. Iowa—1st M., 7s, g
tlOO
65
55
TndianapolisC.
&L., 7sof’97..
5s, 1904, W. L
J&J 1106*2
Cou. debt cert
108
100
106
9897
S. Francisco—7s, g..City & Co. .Var.
1st,
Ind’apolis
&
Cin.,
7s,’88.A&O
1
New 1st mort., 6s
100
99
Cin. Laf.& Ch.—1st, 7s,g.,1901.M&S
6s
2d mort
76 1
73
” Cin. Rich. & Chic.—1st, 7s, ’95. J&J tlOO 105
i‘16
Savannah funded 5s. consols...
115%
105
90
t Central of N. J.—1st M.,7s,’90.F&A 99% 100
85
Cin. Rich. & F. W.—lst, 7s, g... J&D
Somerville, Mass.—5s, 1895..A&O 1103
108 |
1107
M&N
7s,
conv, 1902, assented
tlOO
100*2
100
Cin.
Cl.—6s,
1900..F&A
9934
Sand’ky
&
6s, 1885
J&J
Consol. M.,7s,1899, assented.Q—J
6*28,1884
A&O f 108 109
102%
7s, 1887 extended
M&S t 90
1113*2 114
Adjustment bonds, 1903
75
Consol, mort., 7s, 1890
J&D ■89*2 90
73
Springfield, Mass.—6s, 1905..A&O
Income bonds, 1908
M&N
121
108*2
1119
Cin.&Sp.—78,
C.C.C.&
1.,
1901.
A&O
7s, 1903, water loan
A&O 1120
Small bonds, 1908
122
M&N 104’
Toledo, 0.-7-308, RR., 1900.M & N
7s,
guar., L.S.& M.S., 1901.. A&O
Am. Dock & Imp. Co., 7s,’86 J&J
119
8s
Var. 105 110*2
Clev. Col. C. & I.—1st, 7s, ’99.M&N 118
104
do
assented
110*2
67
Consol,
60
mort.,
J&D
7s,
1914
8s, water, 1893 & ’94
Var. 113
| Leh.& Wilkcsbarre Coal,’88,M&N
107
Belief.
&
Iud.
M.,
7s,
1899..
.J&J
Washington, D.C —See Dist. of Col.
|
Small bonds, 1888
M&N 103
75
Clev.&M. Val.—1st, 7s. g., ’93.F&A
Wilmington, N.C.—6s, gold, cou. on
Consol., 7s, gold, 1900
Q-M
95
S. F. 2*1 mort., 7s, 1876
M&S
8s, gold, cou. on
90%
do
assented
114
110
Clev.Mt.V.& Del.—1st, 7s, gold,J&J ir
108
Worcester, Mass.—6s, 1892...A&O 1113*2
Cent. Ohio—1st M., 6s, 1890..M&S
IT
114
Columbus ext., 7s, gold, 1901
5s, 1905
A&O 106*2 107
tent. Pacific—1st, 6s, g.,’95-98.J&J 113%
114
1113
Clev. & Pitts.—4thM., 6s, 1892.J&J
Yonkers. N. Y,—Water. 1903...
106
State Aid, 7s, g., 1884
J&J
118%
105
Consol. S. F., 7s, 1900
M&N
S. Joaquin, 1st M.,6s, g.1900. A&O
81*2
i04
C. C. & I. C.—1st cons, m., 7s .A&O
Cal. & Oregon, 1st, 6s, g.,’88.J&J
109
2d mort., 7s, 1909
RAILROAD BONDS.
F&A
+ 107
Cal.& Or. C.P.bonds, 6s,g.,’92 J&J
85
81
106 !
Trust Co. cert., 1st, cous., assd...
105
Land grant M., 6s, g., 1890. A&O
90
80% 81
85
do
do
108*2
Ala. Cent.—1stM., 8s,g.^l901..J&J
supplementary,
West. Pacif., 1st, 6s, g., ’99..J&J
103
81
81%
107
do
do
assd
2d
104
Ala. Gt. Southern—1st mort., 1908 iioi
Iharl’te Col.&A.—Cons.,7s,'95.J&J
100
50
32^ 33
95
do
income 7s.. 1890
93
Ala.& Cliatt., 7s.receivers’ ctfs..
2d mort., 7s, 1910
J&J
Chic. & Gt. East., 1st, 7s,’93-’95.
Alh’y & Susq.—1st M., 7s, ’88.. J&J 115*2
heraw & Dari.—1st M.,8s,’88. A&O
113
2d mortgage, 7s, 1885
Col.& Ind. C., 1st M., 7s, 1904.J&J 110*2
A&O 109
2d mort., 7s
105
do
2d M., 7s, 1904.M&N 100
Consol, mort., 7s, 1906
A&O
105
103
117*2
Un.&
Logan8p.,lst,7s,
1905.A&O
Val.—Gen.
3-10s.
.J&J
Allegh.
M., 7
gerieg
103
104*2
65
T. Logausp. & B., 7s, 1884..F&A
64
East, exten. M., 7s, 1910
A&O 103
30
75
6s, gold, series B, int. def. 1908.
25
62
Cin.
&
Chic.
A.
L.,
1886-’90
61
Income, 7s, end., 1894......A&O
112*’
115
6s, gold, small bonds, 1908
36*2 Col. & Hock. V.—1st M., 7s, ’97. A&O tl07
35
Atch’n & Neb.—1st, 7s, 1907..M&S 112
6s, currency, int. deferred, 1918
tlOO
1st M., 7s, 1880
At&PkP.—1st. 7s, g
32
M&N 100 105
J&J
117
6s, currency, small bonds, 1918
2d M., 7s, 1892.
102
J&J 1103
Atch. Top.& S.F.—1st,78, g.,’99.J&J 1116%
Va. Cent., 3d M., 6s, 1884...J&J
114
Land grant, 7s, g., 1902
1104*4 104% Col. Spriugf.& C.—1st, 7s,1901.M&S
A&O U13%
106
117
1103
2d mort., 7s, g., 1903, conv. A&O 1115
100*4 Col. & Toledo—1st mort. bonds
tlOO
6s, July 1,1880..'
J&J *
Col. & Xenia—1st M., 7s,1890.M&S 1107
Land income, 8s
J&J 1106 107
Ihester Val.—IstM., 7s, 1872.M&N
Guaranteed 7s, 1909-. J&J&A&O 108% 109
122% Conn. & Passump.—M., 7s, ’93.A&O 1110*2 111
100
lliic. & Alton—1st M., 7s, ’93..J&J
98
97
Florence & El Dor’do, 1st.7s. A&O
Massawippi, g., 6s, gold,’89 J&J t99%
til 5 117
65
67
114
mort.,
Sterling
6s,
g.,
1903..J&J
1113%
Conn. Val.—1st M., 7s, 1901 ...J&J
K.C.Topeka&W., 1st M.,7s,g.J&J
36
33
109
Income, 7s, 1883
'
A&O 105
do
income 7s. A&O 10G
Conn. West.—1st M., 7s, 1900M&J
107
Bds. Kan. C. line,6s,g.,1903.M&N
107
104
Pleas’t Hill & DeSoto, 1st,7s,1907 103% 104*4
Connecting
6s
..M&S
(Phila.)—1st,
100
Miss.Riv. Bridge, 1st.,s.f.,6s, 1912
95
111*2 Curoberl’d& Penn—1st 6s,’91. M&S
Pueblo & Ark.V., 1st, 7s, g.,1903. 1109% 109%
98
92
Joliet & Chic., 1st M..8s,’82..J&J
2nd 6s, 1888
L14*2
Wichita&S.W.,lst,7s,g.,gua.,1902 1104*2 105
M&N
Louis’a* Mo.R., 1st, 7s,1900F&A
67
164
103
Ciimberl. Val.—1st M., 8s,1904. A&O
Atlan.& Gt.W—1st M.,trustees’ ctfs
do
ib’6"
2d, 7s. 1900 M&N 112
197
31
+29
Dakota Southern—7s. gold,’94,F&A
2d mortgage trustees’certiflc’s..
110
100
St.L. Jacks’v.& C., 1st,7s,’94. A&O
15
114
i.12"
3d
do
do
do
111
Danb’y & Norwalk—'7s, ’80-92.. J&J
102
Tiic. B. & Q.—1st, S.F.,8s, ’83. J&J
50
122*2 Dayton & Mich.—IstM., 7s, ’81.J&J 1101*2
L’sed L.reutal tr’st’73,Trus.cer.7s +47
Consol, mort., 7s, 1903
1 104
J&J
82
+78
2d mort., 7s, 1887
M&S
West. ext. certifs, 8s, 1876..J&J
1100*2 100%
Bonds, 5s, 1895
J&D
82
3d mort., 7s, 1888
do
do
7s, guar. Erie +178
A&O tl02
tlOl
5s, 1901
A&O 1145s 115
100
98
Dayt.
&
West
1905.J&J
—IstM.,6s,
Scrip for prior lien bonds, 6s
106
tl05
Bur. & Mo. R., I’d M., 7s,’93.A&O
74
1st mort., 7s, 1905
172
Mort. deb. 4s
...J&J
1118
do
Conv. 8s.’94 ser.J&J
*108
106
108
Delaware—Mort.,
6s,
guar.,'95.
J&J
Atlantic & Gulf—Cons. 7s, ’97. J&J 103
Bur.&Mo. (Neb.), 1st,6 s,1918. J&J f 107%
Del.&Bound B’k—1st, 7s,1905F&A 116
120
1st mortgage, 7s
J&J 105
do
102*2
8s, conv.,1883.J&J
110
107
102'
Dei. Lack.* W.—2d M., 7s, ’82.M&S
S.Ga.&Fla., 1st M. 7s, 1899, M&N
do
Cons, 6s, non-ex.. J&J 1101*2
103
Convertible 7s," 1892
^..J&D
At.Miss.&Ohio.—Com.bondh’rs efts +101
111
do
Neb. RR,1st,78, A&O
118
Mort. 7s, 1907
M&S 118 101*2
Norf’k & Petersb., 1st, 8s. ’87. J &J 103
Om.&S.W.,lst,8s,J&D 117
do
Den.& Rio G.—1st, 7s, g., 1900.M&N
do
1st M., 7s, 1887. J&J 101
107*2
Dixon Peo.& H.,lst, 8s,’74-89J&J
1st consol, mort., 7s, 1900
J&J
do
2d M., 8s, 1893. J&J 110
117% 118*4
Ott. Osw.& Fox R., M.,Ss,’90.J&J
Des M. & Ft. D.—1st, 6s, 1904.J&J
South Side,Va.,lst, 8s,’84-’90.J&J 110
113*2 114
80
*60
-

-

**

_

....,f

....

......

......

.....#

4

2d M., 6s,’84-’90.J&J
3d M., 6s,’86-’90.J&J

do
do

Virginia* Tenn., M.,6s, 1884. J&J

97*2

101

do
4th M., 8s.l900. J&J 113
Atl.& St. Law.—St’g 2d, 6s ,g.A&0 1103
1
3d mort., 1891
Bald Eagle Val.—IstM,, 6s,’81.J&J
Baltimore* Ohio—6s,1880...J&J 102*4
6s, 1885
A&O 107*2

Sterling, 5s, 1927

Sterling, 6s, 1895
Sterling mort., 6s, g.,
do

......

93

104
115
104

do
do

ParkersburgBr., 6s, 1919...A&O

small bonds....
income bonds

..

50
103
100

*94"
85

tl05
129*2

105
115
115
115
1113
107% 109
109
+107
+
110
108
*111

P. D., 2d M., 7 3-10s, 1898..F&A
St. P. & Chic., 7s, g., 1902... .J&J
Mil. & St. P., 2d M., 7s, 1884.A&O
La. C., 1st M., 78,1893
J&J
I. & M., 1st M., 7s, 1897
J&J
I’a. & Dak., 1st M., 7s, 1899. J&J
Hast. & Dak., IstM.,7s, 1910. J&J

114

1st M., I. & D. Ext., 7s, 1903J&J
1st M.,6s, S’thwest Div.l909J&J
1st M., 5s. La C. & Dav.I910J&J
So. Minn. 1st 6s, 1910
J&J

Balt. & Pot’c—1st, 6s, g., 1911.J&J
1st, tunnel, 6s, g., g’d, 1911.A&O
Belvidere Del.—1st,6s,c.,1902. J&I)
2d mort., 6s, 1885
M&S 106
3d mort., 6s, 1887
F&A 101 123
Boston & Albany—7s, 1892-5.F&A 1122*2

35
102/

95

Chic. & Mil., 1st M.,7s, 1903.J&J
1st mort., consol., 7s, 1905. .J&J

115

114

114*2
111*2

Detroit & Bay C.—lst,8s,1902.M&N
1103
1st M., 8s, end. M, C., 1902.M&N

Det.G.Haven&Mil.—Equip.68,1918 fl09
199
Con. M., 5$6 till *84, after 6%. .1918
99
Det.&Pontiac, 1st M.,6s,’86.A&O
do
3d M., 8s, 1886.F&A

Det. L. &

107

102*2
108*2

J&D ;io4
M&S +113
1902. .M&S 1113

6s, g., 1910. M&N

Quincy & Wars’w, 1st, 8s, ’90. J&J

J&J
Dunk.A.V.&P.—lst,7s,g..l890J&D
11478 East Penn.—1st M.,7s, 1888..M&S
E.Tenn.Va.&Ga.—1st, 7s,1900. J&J
E. Tenn. & Ga., 1st, 6s,’80-86.J&J
E.Tenn.& Va.,end.,6s, 1886.M&N
1st mort.,

2d Div., 1894

109
111
101
103

95

North.—1st,7s, 1907. A&O 1113

Dubuque* Sioux C.—1st,7s,’83. J&J

110*4

r

•

102

.....

110*2
103

106

113
108
95
95

109
100
100

192*4 92%
Eastern, Mass.—4*28, g.,1906.M&S
102
Sterling debs., 6s, g., 1906..M&S tlOO
109
Elmira& W’mspt—1st, 6s,1910.J&J
_

116
112% 113
110
103
89

5s, perpetual

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

A&O

7s, ’82. J&J
,,

J&J

82
100

90

-

_

T

T

84
105
105
96

Equipment. 7s, 1890
A&O 103
Evansv. & Crawf.—1st, 7s, ’87. J&J
Bo8t.Clint.& F —IstM..,6s, ’84, J&J 100*2 101*2
101*4
95
85
111*2 Evausv.T.H.&Chi.—1st, 7s, g.M&N 103
1st M.. 7s. 1889-90
J&J 1107*2 110
110
104
!hic.&N.W—Sink.f.,lst,7s,’85
F&A
110
1109
1899
Fltcliburff—5s,
105
N. Bedford RR., 7s, 1894... .J&J
112
Interest mort., 7s, 1883 —M&N
*2 102*2
6s, 1898.
A&O 111
F&A 101
Equipment, 6s, 1885
119*2 120*2
Consol, mort., 7s, 1915
Q—F 121 110
93 t90
7s, 1894
.A&O 100 110
Y.
Fram’gham& Lowell—1st,7s,.’91
Exten. mort., 7s, 1885
F&A
12*2
109*2 Flint & P.Marq.—1st m.,l.g.8sM&N
Notes, 8s, 1883
81
75
1st mort., 7s, 1885
F&A
104
Cons. S. F., 8s, 1902
M&N 100
Boat. Conc.& Mon.—S.F., 6s,’89. J&J
116 ‘ 116*4
Consol., gold, 7s, cp., 1902..J&D
Flint & Holly, 1st, 10s, ’88.M&N
116
Consol, mort., 7s, 1893
A&O 1113*2 36*2
95
do
do
reg
36
Bost. Hart.& E.—1st, 7s, 1900. J&J
BayC.& E. Sag.—1st, 10s„82.J&J
95
Sinking
fund,
6s,
’79,1929.
A&O
121
Holly
W.
&
M.—1st,
8s,
1901.J&J
let mort., 7s, guar
J&J
Iowa Mid., 1st M., 8s, 1900.A&O
116*2
1
1116
106
Flushing & N. S.—1st, 7, ’89..M&N
Boston & Lowell—7s, ’92
A&O
Gal. & Chic, ext., 1st, 7s,’82.F&A 104*4
107*2
2d mort., 7s
M&N 55
6s, 1896
J&J 1106*2
65
Peninsula, 1st, conv., 7s,’98.M&S
101
100*2
Ft. W. Jack. &S—1st, 8s, ’89..J&J
New 5s, 1899
J&J 1120 120*2 Chic. & Mfl., 1st M., 7s, ’98..J&J 116
20
Ft.W. Mim.& C.—1st, 7s, g.,’89. A&O
Boston & Maine—7s. 1893-94. J&J
90
Madison ext., 7s, g., 1911. "A&O IT
106
Frankfort & Kokomo—1st, 7s, 1908
Bost. & N. Y. Air L.—1st 7s
IT
92
90
Menominee
ext.,7s,
g.,
1911.J&D
123,
S.A.—lst,6s,g.l910.F&A
Gal.Har.&
Boat. & Providencer-7s, 1893.J&J 1122
North w. Un.,lst, 7s, g.; 1915.M&S IT
Bost.& Revere B’h—1st,6s,’97 .J&J 104*4 104*2
6s, 1895

J&J

1113

_Tt

......

Price nominal; no late




transactions.:

t The purchaser also pays

accrued interest.

X Xn London.

IT In Amsterdam,

591

THE CHRONICLE.
GENERAL
For

QUOTATIONS

OF STOCKS AND

[Vol. XXX.

BONDS—Continued.

Explanations See Notes at Head of First Page of

Railroad Bonds.

Bid.

Gal.Hous.&II.—1st, 7s, g.,1902. J&J
Georgia—7s, 1876-96
J&J

80

Ask.

Bid.

Railroad Bonds.

Quotations.

Ask.

Railroad Bonds.

Bid.

Ask.
_

92
119

116

6s

105*5
108*e 110*2

Gr.Rap. & Ind.— 1st, l.g., g’d, 7s, g.
1st M.,'7s, l.g., gold,not guar.A&O 100
Ex land grant/1st 7s, ’99
80
105
Greenv. & Col.—1st M., 7s
105
Bonds, guar
Hack’s’k&N.Y. E.—1st, 7s,’90.M&N
10
Hannibal & Nap.—1st, 7s, ’88.M&N
Han. & St. Jo.—Conv. 8s, 1885. M&S 106*2
70
Quincy & Pal., 1st, 8s, 1892.F&A
Kans. C. & Cain., 1st, 10s,’92. J&J f 115

K.CStJos&B.—

Harrisb. P. Mt, J.& L.—1st, 6s. .J&J
Housatonic—1st M., 7s, 1885.F&A
2d inort., 6s, 1889
J&J
Houst. E. & W. Tex.—1st, 7s, 1898.
Houst.& Gt.No.—2d pur.com.rec’ts
Houst.&Tex.Cen.—1st M.,7s,g’d,’91
West. Div., 1st, 7s, g., 1891..J&J
Waco & N. W., 1st, 7s, g.,1903.J&J
Cons, mort., 8s, 1912
A&O
Waco & N., 8s, 1915

MN.Y&Clarksnvt’g,61902

85

28*2
103
106

....

120

J&J
80
50

105
95

*74
6L
48
96
68
90
60

107

2d mort,.. 6s, g., guar., 1900.M&N
International & Gt. Northern—
1st mort., 6s, gold. 1919
98
M&N
98*2
2d mort., income, 8s, 1909
68
Ionia & Lansing—1st 8s, ’89. ..J&J 112
113
Iowa City& West.—lst,7s,1909M&S
I’a Falls & Sioux C.—1st, 7s,’99A&0 1107*2 108
Ithaca & Athens.—1st in., 7s,g. J&J 105
107
95
Jefferson—Hawl’y Br. 7s, ’87..J&J
1st mort., 7s, 1889
J&J 108
Jeff. Mad.&Ind.—1st, 7s,1906.A&O;tt 113*2
113*2 114*q
2d mort., 7s, 1910
J&J 107*2 107*4
Ind’pciis& Mad., 1st, 7s,’81.M&N 100
Junction RR. (Phil.)—1st,6s,’82 J&J
105
2d mort., 6s, 1900.
A&O
K.C.Ft.Scott& G.—1st,7s,1903 J&D 106% 10*7
Kansas C. Lawr. & So. 1st, 4s. 1909
87*4 87 *2
M. 7s,1907.. J&J till
111*8
80
Incomebds,reg. ,6s, 1907...A&O
Kansas & Nebraska—1st mort..
75
70
2d mort
40
32
93
52
95
57

Income, 7s, 1899
Laf. B1.& Mim.,lst, 6s,1919.M&N
do
income, 7s, 1899..

Lake Shore & Mich. So.—

108

N.I., S.F.,lst, 7s,’85.M&N

Cleve. & Tol., 1st M.,7s, ’85..J&J

io*6

do
2d M., 7s, 1886.A&0
(5. P. & Ash., new 7s, 1892.. A&O

114

116

Bufl.&E.,newbds, M.,7s,’98.A&O 6116*2 117

1*26"

Det. Mon. & Tol., 1st, 7s, 1906...
Jamest.& Frankl.-lst, 7s, ’97. J&J
2d

M.,7s,’94. J&D

Kalamazoo A1.& Gr.R.,lst.8s. J&J
Kal.& Schoolcraft, 1st. 8s.’87. J&J

108
100

Kal.& Wh. Pigeon,1st. 7s.’90.. J&J
Lake Sh. Div. bonds, 1899..A&O
L. S.& M. S., cons., cp., 1st,7s. J&J

116
122

do
do

110
113
......

123

120*2 121

cons.,reg.,1st,7s,1900.Q—J

do
North Ext., 8s, ’90.M&?
do
Cons. mort.,8s,’91.M&
Joliet & N.Ind..lst,7s (guar.M.C.
Mil. & North.—1st, 8s, 1901... J&!

j

-

Minneapolis & Duluth.—1st 7s
Minn. & St. L.—1st M., 1927..J&I
1st M., Iowa extension
Miss.& Tenn.—1st M., 8s,series “A’
8s, series “ B”
—

_

Mo. Kansas & Texas—
Cous. assented, 1904-6.,....F&A

1st, 6s,

g.,

1899, (U. P. S.Br.)J&,J

2d mort., income, 1911
A&O
Boonev’o B’go,7s,guar,1906.M&N
Han. & C. Mo., 1st 7s, g.,’90.M&N
do
M&N
2d, 1892
Mo.Pao.—1st mort.,6s,gld,’88, F&A
2d mort., 7s, 1891
.J&J
Car. B., 1st mort., 6s, g. '93..A&O
...

3d mortgage
Income, 7s, 1892

M&S

Mob. & Ala. Gr. Tr.—1st, 7s, g’ld,’95
Mobile & O.—1st pref. debentures..
2d pref. debentures
.'
3d pref. debentures
4th pref. debentures
New mortgage, 6s, 1927
Morris & Essex—1st, 7s, 1914 M&N
2d mort, 7s, 1891
F&A

do
“B.”
N. J.Southern—1st

F&A {106
Memphis & Ohio, let, 7s, 1901
Maine Cent.—Mort. 7s, 1898...J&J fill
Exten. bonds, 6s, g., 1900...A&O 1 103
Cons. 7s, 1912
A&O tl09
Androscog.& Ken.,68,1891.F&A 1105
Leeds & Farm’gt’n, 6s, 1901.J&J 1103
Portl’d & Ken., 1st, 6s, ’83..A&O 1102
do
Cons. M.. 6s, ’95.A&0 105

il3*2
■

105

Price nominal; no late trailsactions.




119
108

..

Man.Beach Imp.,lim.,7s, 1909,M&S
Beach, 1st 7s,’97,J&J
Marietta & Cincinnati—
1st mort.. 7s. 1891
F&A
*

......

104
110
106
104
103
106
102
110

109

103

112
80

110
110

116

86

100

* 109
; 105
LOT *2
L05
60

89
98

106
100

N. Y. Central & Hudson.—
Mort., 7s, coup. 1903
Mort., 7s, reg., 1903

J&J
J&J
M&N

Subscription, 6s, 1883
Sterling inort., 6s, g., 1903... J&J
N. Y. C., premium, 6s, 1883.M&N
do
J&D
6s, 1887

do
real est., 6s. 1883..M&N
Hud. R., 2d M., 7s., 1885
J&D
N. Y. Elevated.—1st M., 1906.J&J
N. Y. & Greenw’d Lake.—1st M., 6s
2d mortgage

113*2

110
107

108
109
65
91
100

J&J
J&J

Northeast.,S.C.—1st M.,8s,’99,M&S
2d mort., 8s, 1899
M&S
North’n Cent.—2d mort.,6s,’85. J&J
3d mort., 6s, 1900
A&O
Con. mort., 6s, g., coup., 1900. J&J

6s, g., reg., 1900
A&O
Mort. bonds., 5s, 1926
J&J
Con. mort, stg. 6s, g., 1904...J&J
Northern Cent’l Mich.—1st, 7s
Northern, N.J.—1st M., 6s, ’88. J&J
Norw’h&Worc’r—1st M., 6s.’97.,T&J

Ogd’nsb’g&L.Ch.—lstM.6s,’98,J&J
8.

F., 8s. 1890

:

Ohio&Miss.—Cons. 8. F.7s,’98. J&J
Cons, mort., 7s, ’98
J&J
2d mort., 7s, 1911
A&O

M&s\

88

89

42

46

"

114*2
115
108
76

1st mort.,Springf.Div.,1905 M&N
Old Colony—6s, 1897
F&A f 109
6s, 1895
J&D 1109

109*2
109*2
118%

7s, 1895
Cfipe Cod, 7s. 1881

M&S 1118
F&A 101*2 103
Or’ge&Alex’ndria—lst,6s,’73M&N 101 110
2d mort., 6s, 1875
110
J&J 105
3d mort., 8s, 1873
76
80
M&N
4th mort., 8s, 1880
40
M&S
42%

Panama—Sterl’g M., 7s,

g.

76

77%

+40

42
102

98
100

’97.A&O {115

Paris & Danville—1st M., 7s .1903.
Paris&Dec’t’r— IstM.,7s,g.,’92.J&J
Pekin Lin.& Dec.—1st,7s,1900 F&A

117
’*“•••

+

Pennsylvania—1st M., 6s, ’80..J&J 103
General mort, 6s, coup.,1910 Q—J
116*2
do
6s, reg., 1910.A&0 116
Cons, mort., 6s, reg., 1905..Q—M 112
do
115
68, coup., 1905..J&D 110
4
Navy Yard, 6s,reg., 1881 ...J&J *
105*2
Penn. Co., 6s, reg., 1907
Q.—J *105%
Penn.&N.Y.—lst.7s,’96&1906.J&D 122
Peoria Dec.&

Ev.-lst.6s,1920,J&J

95

96

......

.....

..

-

96
93
15

98
95

Portl’nd&Ogb’g—lst6s,g.,1900J&J
Vt. div., 1st M., 6s, g., 1891..M&N

17*2 Ren.&S’toga—1st 7s,1921 cou.M&N
12
1st 7s, 1921, reg

Rich’d&Dan.—Con.,6s,’78-90.M&N
General mort.,'6s, gold.
105
Piedmont Br., 8s, 1888
A&O
Rich. Fred. & Potomac—6s, 1875..
127*2
Mort, 7s, 1881-90
J&J
127
127*2 Rich. & Petersb., 8s,’80-’86...A&O
103
New mort., 7s, 1915
M&N
119
:ii7
RomeWat’n&O.—S.F.,7s,1891. J&D
104
109

105

2d mort., 7s, 1892

iYi”

Equipment, 2d mort., 5s
F&A
St. Joseph & Pacif.—1st mort

112% 113
55
17
125

J&J

Consol, mort., 7s, 1904
A&O
Rutland—1st M., 8s, 1902....M&N
61
21

2d mort

St.L.Alt.&T.H.—1st M., 7s, ’94.J&J
2d mort., pref.. 7s, 1894
F&A

125

91
15
124
125

M&N
7s, 1894
Bellev.&S.Ill..lst,3.F.8s,’96.A&0
122
St. Louis & I. Mt.—1st, 7s. ’92,F&A
106
2d mort., 7s, g.t 1897
M&N
107*8 107*2
1st 7s, inc., pf.int. accumulative.
102*8
2d 6s, inc., int. accumulative
10*9*2 Ark. Br. 1. gr., M., 7s, g., ’97.J&D

117% 119
80 34

119
75

119*

117
101
127
116
108

Cairo Ark. & T.,lst,7s,g.,’97.J&I)
Cairo & Ful., 1st,l.g.,7s,g.,’91. J&J
St.L.&SanF.—2d M.,classA,’06M&N
2d M., class B, 1906....
M&N
do
class C, 1906
M&N
South Pacific.—1st M, 1888 .J&J
P. C. & O. 1st, 6s,
F&A
St. L.& S.E.—Con. M.,7s, g.,’94M&N
1st, cons., 78, g., 1902
F&A
Evansv. H. & N.,1st,7s, 1897. J&J
St.L. Vand.&T.H.—IstM.,7s,’97..T&J
2d

mort., 7s, 1898
2d, 7s,guar., ’98

M&N
M&N

St.P.Minn.& Man.—1 st 7s,1909 J&J

1st, 7s, 1909, small

SanduskyM.&N.—1st, 7s,1902. J&J
Savannali&Clias.—IstM.,7s,’89J&J

;io*2**

103*2
100
111
100
107
110
107
105
95
56

.....

......

r

110

101

57*2
93
65

60

72*2| 75*2

40
112
105

45

90

116

114% 114*2
98*8
76*4 76*4
68*4 68*2
101*8 101*2
97*2
107

86*2 90
70*4 70*2
68
101% 103%

25
*90
115
97
103

...

..

105*2

108*2 110

ioi*4 101**2
....

102'

101

101*2 !Slieboyg’n& F-du-L.—1st,7s,’84 J&D

Sliam.VaA.& P—1st, 7s, g.,1901 J&J

..

.

104*2 107*2

110

IT In Amsterdam.

100
35
100

85

10S
101

{ In Loudon.

10*7
11s
105
112

\91

Chas.& Sav., guar., ’6s, 1877.M&S
Scioto Val.—1st M., 7s, stnk’g fund 1101
2d mort
70

95

f The purchaser also pays aoorued interest.

30

125

J&J

2d 6s, 1909
A&O
St. P. & S. City—1st, 6s, 1919.^
Mort. on new lines
St.P. Stillw.& T. Falls,1st,8s,1901
do T
do
income

111
110*2 112
109*2 111
110*2 112
80
104

11 -m

t

95

2d income,

N.Y.&N.Enz.—1st M., 1905... J&J 1<'9*2 110
N.Y.N.H.&Hart.,H.& P. 1st,7s. A&O 110
N.Y.Prov.&B’n—Gen. 7s, 1899. J&J il22
North Carolina—M., 8s, 1878.M&N 104
107
North Penn.—1st M., 6s, 1885. J&J
107%
2d mort., 7s, 1896
M&N
118*2
Gen. mort., 7s, 1903
North Wise—1st, 6s, 1930

Incomes, 1920

44
52
Incomes, 1920
115
118* Peoria Pekin & J.—1st, 7s, ’94. J&J *40
60
100
102
Perkiomen—1st M., 6s, 1897. .A&O
90
Ex f d/cps.,Dec.,’77,to ,T’e,’80,inc.
80
{75
102*4 102*2 Petersburg—1st M., 8s, '79-’98. J&J 121
2d mort., 8s, 1902.
80
J&J
57
57*4 Phila. & Erie—1st M.,6s,1881.A&O 101
2d mort., 7s, 1888
J&J 112
iio
Gen. M.. guar., 6s, g., 1920. .J&J {109
11 i
Sunburv&Erie, lstM.,7s.’97.A&0 112** 116*2
108
Phila. & Read.—1st M., 6s,’80. .J&J
102*2
109*2
1st mort., 7s, 1893
A&O *115
Debenture, 1893
J&J
Mort., 7s, coup., 1911
J&D 105
Gold mort., 6s, 1911
90
J&D
12*2 20
40
Improvement mort., 6s, 1897
68% 69*2
New convertible, 7s, 1893...J&J
40
36
G. s. f., $&£,6s,g.,1908, x cps. J&J
{50
30
27*2
70
Scrip for 6 deferred *2 coupons
{50
27*2 30
Coal & I., guar. M„ 7s, ’92.. M&S
101
100
Income mort., cons. 7s, ’96, J&L>
129
Phila. Wil.&Balt.—6s,’92-1900A&0 *113
113*2
Pittsb.C.& St.L.—1st, 7s, 1900.F&A 115
101
2d mort., 7s, 1913
A&O
103
Steubenv.& Ind., 1st., 6s,’84.Var. ti*02
104
111*2
Pittsb.&Con’llsv.—lstM.7s,’98.J&J 114% 115
107
113
Sterling cons. M., 6s, g., guar. J&J {111
109
1107
Pittsb.Ft.W.& C.—1st, 7s, 1912. J&J 130
113
2d mort., 7s, 1912
127
J&J 126
10*6'
3d mort., 7s, 1912...
A&O 119
112
Equipment, 8s, 1884
M&S {110
il2* Pitts. Titusv.& B.—New 7s,’96F&A 78
97*4
2d ,7s, 1896
F&A
108
112
Buff.Ch.L.&Pitt.lst,7s,1909 M&N
104*2 107*2
Oil Creek, IstM., 7s, 1882... A&O **98 * i‘oo*i
90
100
Union & Titusv., 1st, 7s.1890. J&J
87
88
Warren & Fr’kln, 1st, 7s,’96.F&A 101
102
114
116
Port Hur.&L.M.—1st,7s,g.,’99 M&N
35
50

84
M.,new 6s.J&J
70
N.O.Mob.&Cliatt.—lst,8s, 1915. J&J
N.Y. & Can.—£ M., 6s, g., 1904.M&N {103

*

110
106
103

101
106

Gd. Riv. V., 1st 88, guar.,’86.J&.) 1108
110
6s, 1909
M&S 108%
110
Kalamazoo&S.H.,lst,8s,’90.M&N 108

......

Louisville & Nashville—
Consol. 1st mort., 7s, 1898.. A&O 113
2d mort., 7s, g., 1883
M&N 103*4
M&S
Cecilia** Br., 7s, 1907
Louisville loan, 6s, ’86-’87..A&0 105
Leb. Br. ext., 7s, ’80-’85
102
Leb. Br. Louisv. l’n, 6s, ’93..A&O
Mem.& 0.,stl., M.,7s, g.,1901J&D {117

34*4

Equipment bonds, 8s, ’83.. .A&C

2d,7s, 1903..J&D
do cons.,reg.,2d, 7s,1903. J&D 115
Lawrence—1st mort., 7s,1895.F&A
Lehigh & Lack.—1st M.,7s, ’97.F&A
Lehigh Val.—1st M., 6s, 1898. J&D 115
N.Y.&Harlem—7s,coup.,1900.M&N
2d mort., 7s, 1910
127
M&S
7s, reg., 1900
M&N
Gen. M., s. f., 6s, g., 1923....J&D iii*2 113
N. Y. Lake Erie & West. (Erie)—
Delano Ld Co. bds, end.,7s,’92 J&J
1st mort., 7s,1897,extended M&N
Lewisb. <sc Spruce Cr.—1st, 7s.M&N
2d mort. exten., 5s, 1919 ...M&S
Little Miami—1st M., 6s,1883.M&N tioo
3d mort., 7s, 1883
M&S
L. Rock& Ft.S.—lst,l.gr.,7s ’95. .J&J
95
98
4th mort., 7s, 1880
A&O
Little Schuylkill—1st, 7s, ’82. A&O *103
5th mort., 7s, 1888
J&D
Long Island—1st M., 7s, 1898.M&N 10838
1st cons. M., 7s, g.,1920
M&S
Newtown & FI., 7s, 1903 ...M&N
80
New 2d cons. 6s, 1969.
J&D
N. Y. & Rockaway, 7s, 1901.A&0
80
1st cons, fund coup.,7s,1920 M&S
Smitht’n & Pt, Jeff., 7s, 1901 .M&S
47*2 67*2
2d cons, f’d cp., 5s,1969
J&D
Lou’v.C.& Lex.—1st,7s,’97 J&J (ex)
Gold income bonds, 6s, 1977....
2d mort., 7s, 1907
A&O
Long Dock mort., 7s, 1893..J&D
cons., cp.,

34

106*2 107

......

L. Erie & West.—1st, 6s,1919.F&A

72

113

Construction, 7s, 1889
F&A
Bonds, 7s, 1900
J&J
General mort., 7s, 1901.....A&O
Consol, mort., 7s, 1915
J&D
Nashua & Low.—6s, g., 1893.F&A
Nashv.Ch.& St.L.—1st, 7s,1913 J&J
1st, Tenn. & Pao., 6s, 1917...J&J
1st, McM. M. W.&A.,6s, 1917.J&J
Nasliv.&Deoat’r.—1st,7s,1900. J&J
97
Nevada Cen.—1st 6s, 1904
A&O
99
Newark & N. Y.—1st, 7s, 1887.J&J
55
New’kS’set&S.—1st, 7s, g.,’89.M&N
97*2 N’burgh&N.Y.—1st M. 7s,1888.J&J
N. Haven&Derby, 1st M., 7s,’98. Var
N. H. & N’th’ton—1stM.,7s,’99. J&J
109
Conv. 6S, 1882
A&O
112
N. J. Midl’d—1st M., 7s, g.,’95.F&A
Income, “ A.”

Keokuk&DesM.—lst.5s, guar.A&O

do

.M&N

1st M. on Air Line, 8s, 1890. J&J
Air Line, 1st M„ 8s, guar...M&N

'

111
105
115
106
115

71

Or. Alex.& M., IstM., 7s. ’82.JsfcJ
101«s 10178 Oreg. & Cal.—Frankfort Cora.Rec. x
105 *2
Osw.&Rome—IstM., 7s, 1915.M&N
117*4 11738 Osw. & Syracuse—1st, 7s, ’SO.M&N

J.L.&8ag.lst,8s’85,“wh.bds”J&.V

95*2

Ind’apolis&Vm.—1st, 7s,1908.F&A

Consol., 7s, 1902

*96*2

45

A&O

95
30

Ohio Cent.—1st,mort.,6s,1920, J&J

90

Metrop’u Eiev.—1st M
1908, J&J
Mich. Cent.—1st M., 8s,1882..A&O

109*2

73*2
59:*4

A&O

Ind’polis & St.L.—1st,7s, 1919. Var.

M. So.&

Marq’tte Ho.& O.—Mar.& 0.,8s, ’92
M&S
6s, 1908
Mass. Central—1st, 7s, 1893
Memp. & Cliarl’n—2d, 7s, ’85..J&J
1st, eons.,Tenn. lien, 7s, 1915 J&J

109*2
107*2

108

In’polis D.& Sp’d—1st,7s,1906 A& D
2d mort., 7s, 1900

108*

2d mort., 7s, 1896
M&N
3d mort., 8s, 1890
J&J
Scioto & Hock. Val., 1st, 7s..M&N
Balt. Short L., 1st, 7s, 1900..J&J
Cin. & Balt., 1st, 7s, 1900
J&J
Marietta P. & Clev.—1st, 7s, g., ’95
Consol. 7s
J&D

.,

1st, 3s, 48, 5s & 6s, 1909. ..A&O

2d mort., income, 1906

17

(continued) —
.Sterling,'1st M., 7s, g., 1891.F&A

Mem. & L. Rock—1st, 7s

Hui t & Br. Top—1st, 7s, ’90..A&O 115
2d mort., 7s, g., 1895
F&A 105
Cone. 3d M. 7s, 1895
64
A&O
Ill. Cent.—1st M,Chic.& Spr.’98J&J |109
Sterling, S. F., 5s, g., 1903..A&O J103
Sterling, gen. M.,6s, g., 1895. A&O ;ii3
do
5s, 1905
J&D {104
Ill. Grand Tr.—1st M., 8s, '90.A&0 114
Bndiana Bloom. & Western—
1st mort., pref., 7s, 1900
J&J 117
2d M., 3s, 4s, 5s, & 6s, 1909.
Id come, 1919

105
90

Marietta & Cincinnati

103
75
112
35

F?r\V

Jbnk

THE

5, 1880.]

Explanations See Notes at Head of

For

Railroad Bonds.

Shore L., Conn.—lstM.,7s,’80.M&S
Sioux C. & Pac., 1st M., 6s,’98. J&J

Bid.

Ask.

90
109

1*0*6

1st,sterl.mort., 5s,g.,'82-88.J&J
Bds,7s,’02,2d M.,uuenjoinedA&0
Bds., 7s, non-mort
A&O

South Side,

L.I.—1st,7,1887...M&S
S. F.,

do

2d, 7s,1900.M&N

So. Ceu. (N.Y.)—1st7s, 1899..F&A
2d mort. 7s, sold, 1882. guar.. ..

Bid.

0

Pref., 6...

0
0
L
0
0
0
0

92

73*2
37
103
30

Burlington & Mo.,
So.Pac.,Cal.—1st.,6s,g.,1905-6. J&J
California Pacific.
Southwestern (Ga.)—Conv. ,7 s, 1886
Summit Br.—1st, 7s, 1903
J&J
Susp.B.&ErieJune.—1st M.,7s
Pref.
do
il5*'
Syr.Bing.&N.Y.—consoles,’06A&O ii*3*‘
101
Texas & Pac.—1st, 6s, g.1905 M&S
95
Consol, mort.,6s, gold, 1905. J&D
57*4
Inc. and land gr., reg., 1915. July
130
New, pref.
Tol.P.&W.—Pur. C. rec’ts, 1st, E. D. 128

.

0

0

6
5

128

0
0
0
9

Burlington D
60
do
50
1st pref. inc. for 2d mort
60
50
do
fcrcons’d
United Co’s N.J.—Cons.,6s,’94.A&O
Sterling mort., 6s, 1894
M&S $1*1*2* 1*1*4**
2d
do
6s, 1901
M&S $115 117
Cam. & Anil)., 6s, 1883
F&A 104*2 105*2
do
6s, 1889
J&D 107 *s, 108*2
Pref.
116
do
do
mort., 6s, ’89.M&N 114
113*2
UnionPac.—1st M.,6s,g.’96-’99.J&J
Charlotte Col.
Land Grant, 7s, 1887-9
A&O 111*2
Sink. F., 8s, 1893
M&S 11534 116
do

M&S

Reg. 6s, 1893

Collateral trust, 6s, 1908
J&J
Colorado Cent., 1 st, 8s, g.,’90. J&D
Denver Pac.,1st M.,7s,g.,’99.M&N
Kans. Pac., 1st, 6s. g., 1895.F&A
do
1st M., 6s, g., 1896.J&D
do 1st ,R.& L.G.D’d,’99.M&N
do
L’d 1st M,7s,g.,’80.J&J
do
Land 2d M., 7s, g., 1886
do
Leav. Br., 7s, ’96..M&N
do
Tnc.,No.ll,7s, 1916.M&S
do
Inc.,No.l6,7s,1916.M&S
do
Denv.Div.,6s ass.cp.cert
do 1st cone. M.,6s, 1919 M&N

106
*tioo

Utah Cen.—1st M., 6s, g.,1890. J&J
Utah Southern—1st 7s, 1891
Utica &Bl’kR.—1st M., 7s,’78.J&J

F&A
Various 7s.
Various 4-5-6s
F&A
Warren (N.J.)—2d M., 7s, 1900. ..
Westch’r& Pliil.-r- Cons.,7s,’91. A&O
W. Jersey—Debent. 6s, 1883..M&S

1st mort., 6s, 1896
J&J
Consol, mort., 7s, 1890
A&O
West’n Ala.—1st M., 8s, ’88...A&O
2d mort., 8s, guar., ’90
.A&O
West. Md.—Eud., 1st, 6s, 90... J&J
1st mort., 6s, 1890
J&J

•

End., 2d mort., 6s, 1890
J&J
2d mort., pref., 6s, 1895
J&J
2d, end. Wash. Co., 6s, 1890 J&J
3d, end., 6s, 1900
.. J&J
We8t’nPenn.—IstrM., 6s, ’93. .A&O
Pitts. Br., 1st M., 6s, ’96
J&J
Wil.& Weldon—S. F., 7s, g., ’96.J&J

Winona&St.Pet.—lstM.,7s,’87.J&J
2d mort., 7s, 1907
M&N
Ex., 1. g., mort., 7s, g., 1916..J&D
Wis. Cent.—1st, 7s, coups, unfund.
1st series, new
2d series, new

Wis. Valley—1st, 7s, 1909
J&J
Worc’r& Nashua—5s, ’93-’95..Var.
Nash. & Roch., guar.,

5s, ’94.A&O

RAILROAD STOCKS.
Ala. Gt. South.—Lim., A.,
Lim., B, com

do

115*4

-

......

40
97

953s

102*2

102
108

98
108

Pref., 6

Washington Branch

<

Parkersburg Branch
♦

Prinp

100

2d, pref

100

100

106
109

95*2
117*2

117

95
100

105 *
120

114
112
109
109
115
108
115
99

115
85
25

§50

9
9
9
9

65

)

20
15*2
20
16*2

9

49

.100

57*4
42
52
65

.

113*4
70*2

9

140

.100

70*8 1

)

80*4 89% J
(
99*2 100
189

112
121
114
121

do

22
46

25
48

(
(

57
73

58

(
(
I
I
I

§44

64

10
46

3*2.

Grand River Valley, guar., 5..
Hannibal &St. Joseph

do
Pref., 7.. 100
Harrisburg P. Mt. J.& L., guar.,7.50

115

121

110

111
112
'

’

100

100

50

Huntingdon & Broad Top

Pref.. .50

do

do

1*0*5*

100
100

100

Illinois Central

67

112*2 113
12
12*4
100
95
125
90
89
120
117
61
60
143% 144
54
53
120
119
9934 100
73% 74
60
50
104

*§60

Keokuk & Des

: 8%

Moines

do

100

Pref..-.100

100
100

Lake Erie & Western
Lake Shore & Mich. So

Lehigh Valley

45
75

75
65
115
12
5
20
22

50

§40

Long Island
50
Louisiana & Mo. Riv., pref., guar..
Louisville & Nashville
100
Louisville New Albany & Chic. 100

10

Lynn & Boston

(street)

100

-

•

15

13*2

105*2
50*4 51*2
112*2 114
50
135

55

543®
•

•

•

i.23% 1*2*4
180

v

31%
36

35*4
162

../...

78
3

*2
130

135

131
59

10

I
I
I
I
i
I
I

lati & St. L...50

5!
§14*8

10
12

14*4

118

Special, 7.100 113*2

do

40
106
20
110

119

SO*
do

do

do

Pref., 7

Guar. 7

100
Pref .100

do

do

100

Belleville & So. Ill., pref

100

Pref

100

S
S

1st

S

le

100

100

100

Guar.

do

26*2 3
6
S
42
S

pref.. 100

Pref
Roanoke

do

(Conn.),leased, 8... 100

ston

50

(street)

100
Le........................25

roliua

S
s

jtern, Ga., guar.,

7

Bingh’ton & N. Y

S
S
T
T

100

l6o

1st pref. 100
2d pref.. 100

L
1
V

22

10*8

Pref., 7 ......50 §....
eased, 10... 100 *160*3 1*6*2**
102*t
or., l’sed, 12..50 §102
& Balt
50 §683* 69

do

8

L12
49
78
80
68
L18
15

_

.j,

§12*2

I
I
E
F

25
68

-

\

9578 V
48 78
30*2 V

,

6....100
o

do

do

100

Pref. 100

10

8
6
160*4

83*2

84*3

14

15

118*2 119*«
30*4 30*3
56*8 5698

V
V
25
112

122
90

81

....

90

V

V
V
V

65
do

84

Pref.

.100

V
1—;—

\ Tha purohaaer also pars

»

23

I

105
68
66
75

95%

§48

29%

..50

1

82

26*2

30
122

7

Pref.

I

lOO^s 101*4

50

....

•

293s

50!

E
1

55
*7*2

100
>4>0

Little Rock & Fort Smith
Little Miami, leased, 8
Little Schuylkill, leased,

146
120
116
1083* 109
150
6

24
67
*55
130
55

Indiana Bloomington & Western...
Indianap’s Cin. & Lafayette
50
International & Gt. Northern.. 100
Iowa Falls & Sioux City
100
Jeft’v. Mad. & Ind’p’s, l’sed. 7..100 100
Joliet & Chicago, guar., 7
100 109
Kansas City Ft. Scott & Gulf...100
do
do
Pref. 100
Kansas City Lawrence & So .. .100
Kansas City St. Jos. & Coun. B.100
Kansas City Topeka & West’n. 100
Kansas & Nebraska

28
106*2
190
190

§54*4

•

East Pennsylvania, leased
70
East Tennessee Virginia & Ga.100
27*4 27*2 F
Eastern (Mass.)
100 x79
79*2 F
Eastern in N. H
100
51
F
50
Eel River
*
100
34
Elmira & Williamsport, 5
50
F
50
do
Pref., 7..50
I
Erie & Pittsburg, guar., 7
50 100 106
123
F
Fitchburg
100 122*2
22
15
Flint & Pere Marquet te
S
23
20
Florence El Dorado & Walnut V.100
S
Frankfort & Kokomo
50
102
99

100*2 Highland (street;, Boston
Houston & Texas Central
115

i‘o*6*‘

Pref.

do

100
50

110
105

Pref.

do

103*8

934

do
Pref., guar., 8
Delaware & Bound Brook
:
Delaware Lack. & Western
50
Denver & Rio Grande
100
Det. Lansing & Northern, com .100
do
do
Pref. 100

79

112*2 113

TOO
32
..50
50 §31
9697*a
100
23*2 23%
100
45
45*«
100
138
100 136
26*4 27
100
74
70
100
14 = 20
100
24
24%
100
66
66
100
100 112*4 112*3
..50 108
100 175
..50 §1958 49%

Central

do

Dayton & Michigan, guar.,

67

94
78

.

69 78

:

28

§66*2

§49

71
85
141

do

Connecticut & Passumpsic
Connecticut River

7%
5*2
31*4

74
100
100

...:..

do

9

24%

Y. Ontario & Western.
do
ao
pref.

)

Clev. Col. Cin. & Indianapolis..
Clev. & Mahoning Val., leased..
Clev. & Pittsburgh, guar., 7
Col. Chic. & Indiana Central...

26*2
8*4
7%
5*2

51

Pref.

.1*00

)

Cin.

40
143

31^
-

25
19

•:

38
140

175

*16
49*2

Ask.

50

Pref.

do
Erie
do

Bid.

113*2 115

Elevated.

105*2 107*4
122

)

.100
.100

.100
100
..50
50
.100
100
.100
100
.100
100
..50
50
..25
25
.100
100
.100
100
100
0.50
Nesquelioning VallejT, leased, 10.50
.100
)W Haven & Northampton
100
100
)w Jersey Midland RR
100
London Northern, leased,8...100
100
100

1*1*2*’ Georgia Railroad & Bank’g Co. 100

nrnnbmi; no ifttft transactions




9

)
>

do

Chicago & Rock Isl
Chic. St, L. & N. O.

103*2 Dubuque & Sioux City

70
55

§40

......

$3*2
Albany & Susqueh., Guar., 7...100 106
Allegheny Valley
50 8*6*
Atchison & Nebraska
100
Atchison Topeka & Santa Fe..l00 xl24
Atl.& Gt.W.—L’sed L.R.T.,lim. st’k $53
Atl. & St. Law., leased, 6, JJ
100 $119
Augusta & Savannah, leased... 100
Baltimore & Ohio
100 1*44*2
do
do

do

licago & North W
60

115*2

85

Chicago & East Illinois.

S3
102% 103
8934 90
105
100
100
93

57

9

j
9

*.

"4*6"

9

)

1*19*’

117%

Par.

6s,pref..

pref..

105

Mort., 7s, 1891
J&J 100
39
38
Verm’t & Can.—M., 8s
15
10
Mississquoi, 7s, 1891
J&J
11*2 12
Vermont Cen.—1st M., 7s, '86.M&N
3
1
2d mort., 7s, 1891
J&D
30
25
Income extension 8s
M&N
35
25
Stanstead S. & C., 7s, 1887..J&J
Verm’t&Mass.—1st M.,6s, ’83. J&J ! 103*2 104
Conv. 7s, 1885
J&J 1120
80
60
Vick.&Mer.—lstM..end.,7s,’90.J&J
40
2d mort, end., 7s, 1890
J&J
112*4
Wabash—1 st M.,ext. ,7s,’90,ex. F&A 112
96
Mort., 7s, 1879-1909
A&O
*98*2 100
2d mort., 7s, ext. 1893, ex..M&N

Equipment, 7s, 1883
M&N
Cons, mort., 7s, 1907,con.,exQ—F
1st, St. L. div., 7s, 1889, ex.F&A
Gt. West., IU.,1st,7s, ’88,ex.F&A
do
2d,7s, ’93,ex.M&N
Q’ncy & Tol., 1st, 7s,’90, ex.M&N
Ill. & 8. la., 1st, 7s, ’82„ ex.F&A
St.L.K.C.&N. (r.est,&R.),7s.M&S
do
Om.Div.,lst7s,1919.A&0
do Clarin. Br., 6s, 1919.F&A
do No. Mo.,1st M., 1895.J&J
Wabash Fund, Int. Bds., 1907-

1st

120

’96.A&O $118
115

115
113
80

9

......

I

Michigan Central

Middlesex (street), Boston
25
Mine Hill & S. Haven, leased
20
126*2 Missouri Kansas & Texas
126
25
Missouri Pacific
Mobile & Ohio RR. asstd
§22*2
54*2 54*2 Morris & Essex, guar., 7
Nashville. Chat. & St. Louis
§ -... 15
Nashua & Lowell
$33
42
Nashua & Rochester, guar.
'
30
20
Naugatuck

J

-

Om. Bridge, sterl. 8s, g.,

61

0
0
0
0

......

Purch. Com. Rcc’t 1st M., W. D...

.

0

98
110
100

96
107
90

Railroad Stocks.

Ask.

144*3 144% Macon & Augusta
.100
20
Maine Central
100
18
.100
Manchester & Lawrence
100
95
93
.100
Manhattan Beach Co
100
.100
89 3^
100
90*4 Manhattan Railway
..50
Marietta & Cin
7
50
90k 91
..50
1st pref
125*2
125
50
..50
2d pref
36
:
50
..25
140
139
Memphis & Charleston
25
.50
9934 100
Metropolitan (street;, Boston...50
90
Metropolitan Elevated....

0
0
0
0

do

do
do

102
87
70
32
99
20

First Page of Quotations.

Railroad Stocks.

|

115
105

So.&N.Ala.—lst,8s,g.,end.’90.. J&J
Sterling mort., 6s, g
M&N :io3
So. Carolina—1st M.,7s,’82-’88.J&J

BONDS—Continued.

QUOTATIONS OF STOCKS AND

GENERAL

595

CHRONICLE.

aoorued interegf, ♦ In Loatdoiu

% la Amsterdam, § Qu0t*ti»n p&rgfc&re.

596

IHE
GENERAL
For

Bid.

Canal Stocks.

Ask.

Miscellaneous.

jSutro Tunnel

Chesap. & Delawaremort., 6s, ’86 J&J
Chesapeake & Ohio—
6s, 1870
Q.-J

I Union
82

Trust
U. S. Trust Co

85

80

J&J

90

Adams
American
United States
Wells Fargo

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

Lehigh Navigation68, reg., 1884
Q-J
eRR. 68, reg., ’07.Q-F
—

109

109

106
105

108

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

112

Conv.6s,reg.,’82J&D
do 0s,g.,rg.,’94M&S 103*6
6s,g.,cp.&rg..’97J&D 105
Cons.M.,1911 7sJ&D
4tli

100*2
100
106

mort., 6s

Lowell

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

Salem, Mass.,
100
Brooklyn, L. 1
25
Citizens’, Brooklyn.20

Boat l’n,reg.,’85A&0
New mort

Pennsylvania81*4

1st M., 6s, 1897.Q-M
2d M.,6s, 1907..J&J

101

75

Mort. 6s, cp.,’95J&J

6s, imp.,cp., ’80 M&N

Cincinnati G. & Coke
70

7s,l)t&car,1915M&N

70

50

Del. & Hudson
100
Del. Div. leased,8..50

38

Lehigh Navigation..50
guar.,

4

Mutual of N. Y....100

355s New York, N.Yr

100

50

Washington, Phila..20

Schuylkill Nav
50
ao
do pref.50

Portland, Me., G. L.50

St. Louis G. L

Susquehanna...... 50
MISC’LLANEO fJS

•

.

do 2d,end. 6s,g.M&N
Consol. Coal—

102*2 105
110
110
110
102

Androscog’n (Me.).100
Appleton (Mass.). 1000
Atlantic (Mass.)... 100
Bartlett (Mass.)... 100
Bates (Me),
100
Boott Cot. (Mass.) 1000
Boston Co. (Mass.) 1000
Boston Belting.... 100

110

Bridge—

g.. 1929.A&O

Rec mstruc. certfs..
2d

J109
;i04

111
106

M.,7s,g.,1901 J&J
3d, 7s, g., 1886.M&S
Tun’l

RR.,lst,£,9s,g.

Mariposa Gold L.&M.—
Cons. M.t 7s, ’86.J&J

Oreg.R.&N.lst,6s,J&J

Pullm’n Palace Car—
2d series,8s,’81M&N
3d scries, 8s,’87F&A
4th do
8S/92F&A

92%
102
110
112

Deb’nt’re,7s,’88A&0 104%
Stlg, 7s,g..1885 A&O

Rutland Marble78, g., 1898
M&S
St.Charles Bridge, 7s

.

113
103

MISCELLANEOUS
STOCKS.
Amer. Dist. Tel
25
Amer.do. Tel.(Balt.)25
Atlan. & Pac. Tel.. 100
Boston Land
10
Boston Water Power..

93
104
111
114

90

22*2
35

6^8
3*2

Bost. Duck (Mass.)700

86

80*2

120
128
130
150
155
75
80
92*4 93
100
124
65
70
55
36
70
22

Hamilton (Mass.) 1000
Hartf. Carpet (Ct.)lOO
Hill (Me)...-.
100

112

1*14*

60
71
190
138
155
72
103
78

70
75
195

118
1000
142
x33
170

1950
1340

100
107
1175
260

98

73

172
1975
1360

740

9*4

Maverick Land.... 10
Merc’ntile Tr. (N Y)100
N.E. Mtg.SecurJBost.)
N. Hampshire Land 25

N.Y.Life&TrustCo.lOO

O. Dominion SS.Co.100

Oregon Ry.&N.Co.lOO

Pacific Mail SS. Co.100
Pullm’n Palace CarlCO
St.Louis B’dge,1st pref
8t. Louis Tunnel 1 RR..
St. Louis Transfer Co.
*

COAL

32*2

Jk MISCEL.

32 78

MINING STOCKS.
American Coal
25

168

72

:93

98

Big Mountain Coal. 10

110

50

Buck Mount’n Coal.50
Butler Coal
25

Price nomixal; no late transactions.




25

55

§5*6

15*2

2*2
20*2

33

20
25
25

12*2

Hungarian

25

25

Rockland

25
25

Sullivan(Me.)silver

10

Superior."

25

Wintlirop

-.25

AmericanConsol
American Flag.

2

90c,
40c.

3*2
40c,
40c.
1
2

1*2
39
33

14*2
4
50c.

24*2
3 *4
b
'

2*4 Tioga
12% Tip Top
$1 Trio
60c. TuscaroTa
Utah
4
50c. Union Consol
60c. Yellow Jacket

1*4

...

Farmers’&Planters’25

Mechanics’

3.25

Belle Tale
Bertha & Edith
Best & Belcher... .100
Bobtail
Bodic

V48’

Buckeye

| Caledonia B. H

j California

Boston*
Atlantic
Atlas
Blackstone
Blue Hill
Boston Nat

7-50
•41

100

Chollar-Potosi
100
'Cleveland Gold
10
'Consol. North Slope...
‘Consol. Pacific
Consol. Virginia... 100
Confidence Silver. 100
Crown Point
100

Dahlonega
(Eureka Consol.... 100

j Exchequer G. & S.100
:

Findley

i Gold Placer

100
100

100
100
100

Bunker Hill
Central

100
...100
100
City..
Columbian
100
Commerce
100
Commonwealth
100
Continental
100

•82
2*80
2-10

j Cashier

Chrysolite

...

22 25

Eagle

100

Eliot

100

Exchange

100

Everett
100
Faneuil Hall..
100
First National
100
First Ward....
100
Fourth National.. 100
18-00 Freemans’
100
Globe....
100
•22
Hamilton
100
•70
Hide & Leather
.100
1*20
Howard
100
Manufacturers’.. 100
Market
100

330

..

Goodshaw
Gould & Curry S..100
Grant
100
Grand Prize

j Granville Gold Co

Great Eastern
Green Mountain
Hale & Norcross. .100

Henry Tunnel Co

Horn Silver
Hukill

t The purchaser also pays accrued iut>

.

20
68
305

130
17

15*2
111
30
44
38
120
7

Iff
115
32
45
40
150

7*2

100
9

9*4

32

34

11*4

11*2

120

130

110

115

16
140
105
75

20

-

160
108
79
33*2 36

150
148
124*2 125
109
109*4
100

109*2 110

Boylston
100 112% 113
100
99
Brighton, (Nat.)... 100
90
Broadway
100

100

100

10
100

Merchants’
National Excli’ge. 100
People’s
25
Second National ..100
Third National....100
Union
75
Western
20

! Bulwer
I Calaveras

126
15

Chesapeake

Belvidere

i Bullion.

100

First Nat. of Balt.. 100
121*!
1*2 Franklin
8*2 German American....
1
40c. Howard
30
90c. Marino

100

....

1*65

25
Citizens’
10
Com. & Farmers’.. 100
Farmers’ B’k of Md.30
3% Farmers’ & Merck..40

14

205

6 00

Bank of Baltimore 100
Bank of Commerce.25

35
15
6
75c.
25

50c.

1-45

Baltimore.

1%
3934

35c.

25c.
80c.

4-00

BANK STOCKS.

4

13*2
I
8

L5-00

Silver Cliff...
Silver Hill
100
South Bodie
2*6 South Bulwer
Southern StarG&SlOO
7*4 South Bodie
75c. South Bulwer.
10c. South Hite
Standard
4

•47
1*25

.

Amie
Bechtel
Belcher Silver

•32

3
21
223

(At N. V. Board.)
Alpha Consol G&S.100

Lawrence (Mass.) 1000 xl625 1650
Lowell (Mass)
690 x800 825
Lowell Bleacliery.200 235
250
Lowell Mach.Shop.500 x750
800
102
LymanM. (Mass.). 100 101
Manchester (N.H.) 100 170
175
Mass. Cotton
1000 1140
1160
30
Merrimack (Mass) 1000 X1500 1550
36
Middlesex (Mass.). 100 225
235
Nashua (N. H.)
500 x700 750
6*2
103
Naumkeag (Mass.) 100 102
4
N. E. Glass (Mass.)375
76
80
(Mass.)... 1000 2250 2300
*22*2 Pacific
Penn. Salt Mfg. Co..50
80
Pepperell (Me.)
500 890
910
Salmon Falls(N.H.)300 360
375

Saudw.Glass(Mass.)80

27

CAL. A NEVADA
MINING STOCKS

80
120
680
125
101
110
1200
270
101

Stark Mills (N.H.)IOOO xll75 1200
Tremont&S. (Mass) 100 133
137
30
31
2*4
2% Thorndike(Mass.)1000 1000 1025
Union Mfg.(Md.j
24
26
W asliingt’n (Mass.) 100
88
90
107
108
Weed Sew. M’e (Ct.)25
14
18
5
3*2
Willim’tic Lineu(Ct)25
89
90
365
York Co. (Me.)
750 1075
1090

Rappalianock
Raymond & Ely.. .100
St. Joseph Lead
10
Savage Gold& Silv.100
Shamrock

Duncan Silver.
Franklin
Humboldt

25

1-50

2*6 SierraNevada Silv.100
Silver City
100
16

2

3*2

Silver Islet
Stiir

935
100
151

Louisville Bridge
McKay Sew’g Mach.10

Plumas
Phil. Sheridan

Seaton consol

5

Ridge

100

Segregated Belch’rlOO

50

Quincy

*90

2*2 Overman G. & S.. .100

26*2

Huron
25
International Silver20
Manhattan
25
Mesnard
25
Minnesota
25
National..
25
Osceola
25
Petlierick
...25
Pewabic
25
Plienix
...50
Pontiac
25

122
1020
144

Mcjblintou

Orig.Comst’k G&.S 100
Oi iginal Keystone....

11
13

25
..20

Douglas (Me.)

9-88
•16

May Belle

Ophir Silver

§68

25

Dana
Dawson Silver

79*2

225

11
53

221
2
33
7
50c.
5c.

Copper Falls

10

Navajo

60

25
10

Central

•09*

N. Y. & Colorado
North Standard
Northern Belle... .100

1
9
10

Bruusw’k Antimony.5
Calumet & Hecia...25
10
142*2 Catalpa Silver

Farmers’ Loan & Trust

34

pref

MINING
STOCKS.
Allouez
25

165
78
105

100

Merrimac Silver
10
Mexican G. & Silv.100
Moose
Mont Bross

BOSTON

114
104

150

190
95
9

Westmoreland Coal.50
Wilkesb. Coal & I.. 100

Holyoke W. Power. 100 230
Jackson (N. H,)..1000 x 1150 1200
50
60
Kearsarge
100
Laconia (Me)
550
400 530
Lancaster M.(N.H)400 x750 800

113*4 114

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

157*2 158
930

30

Quicksilver Min’g.100

§*34*2
72
260
94

*2*6"!
70

Ontario Sil. Min’g.100
Penn. Anthracite Coal.

Atlantic
Blue Hill 'Me.)

1*15

Memphis

StamPd Cons. G.M.100

31
155

165

Lady Washington

Leviathan
Little Chief
Lucerne
2%, Martin White

I

•40

:...

3*4! Leopard

2*4;

•51
‘30

50

Lacrosse...

7

13

,

*.

Kossuth...

18
18

Montauk Gas Coal. 100
New Central Coal
New Creek Coal
10
N.Y. & Middle Coal.25

Spring Mount. Coal.50

36
15
135

Gold & Stock Tel.... 25

Leadville
29*2 Leeds

75

Brookline (Mas8.)L’d5
Canton Co. (Balt.).ICO
Cent. N.J. L’d Dnp.100
Cin. & Cov. B’dge pref.

Equitable Tr.(N.Y)100

George’s Cr’k C’l (Md.)

St. Nicholas Coal ...10
San Juan Sil. Min.1001
8. Rapli’l Sil.,Mob. 100
do
pref. 100
Sliamokin Coal
25

165
166
34
160

§95
Chicopee (Mass.) ..100 150
Coclieco (N.H.)
500 x730
Collins Co. (Conn.).. 10
87s
Continental (Me.). 100
78
Dougl’s Axe (Mass) 100 119
Dwight (Mass.). ..500 660
Everett (Mass.)... 100 124
Franklin (Me.)
100
Great Falls (N. H.)100

60

126
70
76
60
40

100
100

Kings Mountain

Cumberl’d Coal&I.lOO
Dead wood Mining
Excels’!* W.&M.Co.lOO

do

•40

Independence

30

N.Y.&Straits.C.&I.lOO

117*2 118

Cambria Iron(Pa.). .50

105

106

.

Spring Valley—
W.W.,lst8,1906.M&S
Western Union Tel.—
7s, coup., 1900.M&N
7s reg., 1900.. M&N
Sterl'g 6s, 1900.M&S

84
80
118

Am.B.H.S.M.(Pa.)12*2 §29% 30
120
100 115
Amory (N. H.)
Amoskeag (N.H.) 1000 1750 1775

111
111
115

2*2 Julia
Justice'
Kcntuck

do
pref. 100!
Maryland Coal—100!

MAN UFACT’ING
STOCKS.

100

Cumbcrl’d&Pa.,lst,’91
1st, 7s,

28

San Francisco G. L—

1st M., 7s, 1885.J&J
1st, conv.,6s,’97.J&J

HI. & St. L.

50

Laclede, St. Louis. 100
Oarondelet,st. Louis 50

BONDS.
Ainer’n SS.Co.(Phil.)—

6s, R. C., 1896..A&0
Balt. Gas Light 6s
Canton (Balt.)—
£ 6s, g., 1904. ..J&J
Mort. 6s,g.,1904 J&J
Un. RR.,lst, end.,6s.

100

N. Orleans G. L. ..100
N. Liberties, Phila..25

do pr., guar.10,.100

Pennsylvania

50

Manhattan, N. Y... 50
35
Metropolitan, N.Y.100
66% Municipal
100

Chesapeake & Del.. 50

Morris,

Louisville G. L
Mobile Gas & Coke. 8
Central of N. Y
50

Harlem, N. Y

Par.

.

Hartford, Ct., G. L..25
Jersey C.& Hobok’n 20
People’s, Jersey C

Susquehanna—
6s, coup., 1918. .J&J
7s, coup., 1902..J&J
Union,1st 68/83.M&N
CANAL STOCKS.

26

A sk.

Imperial

Climax Mining.*... 10

Homestake Min’g.100
Leadville Mining... 10
La Plata M’g&S.Co.lo!
Little Pittsb’g Con.l00|
Locust Mt. Coal
50 j

105*2 106
101*2 102
135*4 136

Bid.

Hussey
6

102*2 105*2
7
7*8
26
26*4
782*2 785 " Marip’sa L.&M.CallOOi

Metropolitan, B’klyn.
Nassau, Brooklyn ..25
People’s, Brooklyn. 10
Williamsb’g, B’klyn 50
Ckarlest’n,S.C.,Gas.25
Chicago G.& Coke. 100 157*2

Schuylkill Nav.—

6s,t)t&car,1913M&N

100

Lynn, Mass., G. L..100

101
107

Morris-

68, ooup., 1910.. J&J

189

Boston Gaslight...500
East Boston
25
South Boston
100

Del).6s, reg.,’77,J&D

Louisville & Portl.—
3d mort., 6s

184

Miscellaneous.

Cent.Arizona Min.100

of Md.100
110*2 111*2 Consol.Coal

GAS STOCKS.
Baltimore Gas.... 100
certs...

i Ask.

Bid.

877b Clinton Coal& Iron. 10

.100

People’s G.L.of Balt.25

105
109

23g i Cameron Coal
10
L50*2 Caribou Con. Miu’g.10

56
46

do

60
20

§$2%

Miscellaneous.

Colorado Coal & T.100

100‘
100
100

Consumers’ Gas, Ball.

Page of Quotations.

Ask.

54
44
105

113

BONDS—Continued.

Bid.

87 5s

XXX. ^

fVOL.

STOCKS AND

at Head of First

100
100

EXPRESS ST'CKS

100

Delaware & Hudson—

7s, 1891
J&J
1st ext., 1891..M&N
7s, 1884
J&J
Coup. 7s. 1894. A&O
Reg. 7s, 1894 ..A&O

10

jU. S. Mort.Co.(NY* 100
j West. Union Tei...l00

Delaware Division—

6s, 1878

OE

Explanations See Notes

CANAL BONDS.
let

QUOTATIONS

CHRONICLE.

Market(Brigliton). 100

Massachusetts ....250
Maverick
100
Mechanics’ (So. B.)100
Merchandise
100
Merchants’
100

17-00 Metropolitan
2*30
Monument

100
100

1 In London. § Quotation per share. U Shares doubled,
r

156

158

105*2 106
120*4
145
119

14*7“

111
137
110
125
188
97
100
114

113
138
111

119*2
110*4
110
105*2 106
113
113*fl

125*4
190
100

100*2

115
108*2 109
121
119
114*2
114
116
115
103*4
103
103
102
135
130
114
113
200*2
200
117
116

104*4 105
139% 140*4
110*2 111
162
160

June 5,

GENERAL

-

Bank Stocks.

North
North America
Old Boston
Pacific

100

Republic
Revere

100

Rockland'
Second Nat

100
100

Security

100

100
Shoe* Leather.... 100
State
100
Suffolk
100
Third Nat
100
Traders’
100
Tremont
100
...100
Union
Washington
100
Shawmut

100

Webster

Brooklyn.

125
114
130

116
131
1491a 150
182
178
12012 121
114% 115

First National...
Fulton

Commercial

Nassau

Brooklyn Trust.
Charleston.
B’k of Chas.(NBA) 100

106%! 107

Mutual Nat.
100
New Orleans Nat. .100

100

50

44

100
100

82

140
125
100
250
100
100

180

185

160

170

130

140

85

SO

People’s National. 100

90
40

8. C. Loan & Tr. Co. 100

...

...

Cincinnati.
First National
Fourth National
German Banking Co..
Merchants’ National..
Nat. Laf. & Bk. of Com.
Second National
Third National

Cleveland.
Citizens’ S. & L—500
Commercial Nat ..100
First Nat
100
Merchants’ Nat... 100
National City
100

Ohio Nat
8econd Nat

100

100

Hartford.
jEtna Nat
100
American Nat
50
Charter Oak Nat. .100
City Nat
100
Connecticut River. .50
Far. & Meek. Nat. 100
First Nat
100
Hartford Nat
.100
Mercantile Nat.... 100
.

National Exchange. 50
Phoenix Nat
100
State
100
Louisville.
Bank of Kentucky 100
Bank of LouisvillelOO

Citizens’ National. 100

City Nat

165

155
140

210
100
90

75
200

117
185

140
100
115

120
150
130
210

145
125

200

414
125

400*
120
160
120
125
90
122

130
66
130
99
35
121
115

165
135
70
165
112

122
130
100
125
132
68
132
100
40
125
118
165
138
71

,

114

135
83
110

85

German Ins. Co.’s. 100

People’s

...

8econd Nat

Security

100

Third N ational.... 100

Western

100

British

N. America..:.
Commerce
50
Dominion
50
Du Peuple
..50

Eastern Townships 50

Exchange

Federal

100
100

Third National.... 100

Valley National... 100
Anglo-California

50
American Exch...ioo

95

Bowery
Broadway.
Brooklyn

American

City

102
130
103
101

People’s

25

Plienix

20

Republic

120

120

Second National.. 100
Seventh Ward
100
Shoe & Leather.... 100
St. Nicholas
100 tios
State of N. Y
100
Tradesmen’s
40
50
Union

50

,

Kensington Nat

......

104
103
100

25

135
117
120
140

33%

7%

4
50

10

11%

67%
31

58
56
150 ’
190
128
80

100%
67
70

190
75
152

.....

80
58
85
+

Last

---15

Hope...,

_--rg

50,

-gg
gg
-gg

igg

Howard—-••••*:■ -X
Importers’ & Trad. .oO

5
60
13

Irving

Jefferson......

145

- -

-

•

-

..

-

qS!

-gg
.20
-40

Lafayette (B’klyn) 50

120

Lamar

120
90
116
141% 142
65
60
165
160
80
131
130

Commonwealth. ..100

•■1gg
*“5

r-

Lenox

Long Isl’d (B’klyn).50

Lorillard—-

-

-

gg
-v-lgg
•

-

•

-

-

Manuf. &Builders’100
Manhattan....
.25
Mech. & Traders
Mechanics’ (B klyn)50
Mercantile
£g
116% 116% Merchants’...
Montauk (B’klyn).. 50
85
80
144
Nassau (B’klyn)....50
140
National.. ......--37%
122
121
New York City......
120
N. Y. Equitable - - - - 119
gg
120
New York Fire.... 100
118
66
65
Niagara-..80
North River....
75
----gg
131
Pacific
130
Park
148
Peter Cooper
147

Eliot
..ioo
Faneuil Hall
100
Firemen’s
100
Franklin
100
Manufacturers’.
100
Mass. Mutual.:
100
Mechanics’ MutuallOO
Mercantile F. & M.100

..

gg

------

N.Engl’dMut.F&MlOO

North American ..100
Prescott
100

.*100

ggi
vgg
gg

Shawmut
100
Shoe & Leather. ..100

100

100

People’s.. ----- - —go
Plienix (B’klyn) ....50

Cincinnati.
70
135
85
140
110
95
110
130

25
20

*
...” * *25

100
20

Eureka
20
Firemen’8
20
* 20
Germania
Globe
.h
*20
Merchants’* Manuf 20
Miami Valley...
50
National
:.’ioo
Union
20

100

95

Relief

75

137% Republic
Standard
Star.

140
102

118
130

[140

123

60

70
115

110

180
185
100

tgo

Stuyvesant-

gg
gg

Tradesmen
United
Westchester.-

101
100

125
102

95
105

115
140
137
112

140

250
65
130
160-

75

135
90

133
65

130
55
100
95
60
130
170
50
117
100

122
106

70
135
100

95
136
80
140
105

150

160

160
75
120
112
150
100

165
85
130

100
70
••••••

......

160
109
65
165

3.55
110
140
100
200
109

**

States..,----fg

*g

- -

- -

-

Williamsburg City-.50,

• -

145
110

114

180
105

......

112
130
85
75
160
83
130
105
80

.

-

-

75
112
100
120
100
200

105
125
110
210

pbiladelpbia.§
American Fire

.100

...

Association.. - -go 300 308
505
Franklin Fu-e ---IOO
50
40
Delaware Mutual..-25
32%
Ins. Co. of N.
Ins. Co. State of Pa 200
Pennsylvania Fire 100
Fire

130

25

210
200
198

....

St. Nicholas

115
100

80

..." *20

130
98
180
200
182
190

vgg
-igg 1.55
gg 3.25
gg 102

-

Rutgers’

140
105
125

-rfEtna Fire
100 236
30
Atlas Insurance.. .100
Connecticut
100 130
Hartford
100 250
National
100 160
Orient
..IOO 121
Phoenix....
100 235
60
Steam Boiler
40

London.
Commerc’l Union
Guardian

Imperial Fire

100
Second Nat
100
Seventh Nat
100
Sixth Nat
100
103
103% Southwark Nat..... 50
121% 122% Spring Garden.... 100
22d Ward
50
121
Third Nat
100
70
74
Union Nat
50
99% 100
Western Nat
50
40
47
West Philadelphia.!00
105
1

22%
102% 103%
103% 110

-

iso"

.100

Globe.....
Greenwich
Guardian
Hamilton
Hanover
Hoffman
Home

Knickerbocker

142
115
119
89
114

Hartford, Conn.

95

102
55

National Security. 100
Penn National..
50

-gg

100

Kings Co. (B’klyn)

*..100

Eagle.....
Enterprise

60

Frank.* Emp’ium.....

7
27
35

n

Dwelling House...100

Western..

265
200

27

People’s
100
Philadelphia Nat.. 100

120
90

6

26

239
36
132

Lumbermen a

255
162
125

gg
Spring Garden, --—gg
United Firemen s
10
..

65

Richmond.
City
Granite

..

£0
50

.**25

19
67
154

20
69
156

63

65

16%

17
43

Queen Fire & Life.. .1
Royal Insurance
3

3%
25%

Mobile.
Citizens’ Mutual... 100
Factors’* Trad’s’ Mut.
Mobile Fire Dep’t..25
Mobile Mutual
70
Planters’ & Merch.Mut
Stonewall
Wasli’ton Fire & M. .50

60
75
15
50
35
75
40

42
52

28%

......

65

Central..25

Marine
San

- —

16

55
40

Francisco.

igg
igg
Firemen’s Fund.. .100
--

Home Mutual. ------State Investment,

• •

log

80
45

}XX
*gg

California..

Commercial.--

Western

$ Quotation per

80
98

99

32%

33%
......

32%

31%
105
100
107
120
95

125
95
95
115
------

aha*.

27

26

32%

St. Louis.
American

52% Citizens’
3% Jefferson
26

-g

Virginia State

,

3.

- - - *

Piedm’t& A.Life.100

90

price this month preceding June

126

23%

|gn
Mercliants’&Mech.lOO
— -

Virginia F. & M
7% Virginia Home --

Lancashire F. & L. .25
London Ass.Corp.12%
Liv. & Lond. &Globe20
North’n Fire & Life 5
North Brit. & Mer. 6%

75%

37

36
122

240

61

50

Manufacturers’ Nat.25
Mechanics’ Nat....100
Nat. B’k Commerce.50
Nat.B’k Germant’n.50
Nat.B’kN. Liberties 50
Nat. B’k Republic.

Raltimore.
Associate Firemen’s.5
Baltimore Fire Ins. io
Firemen’s Insur’ce. 18
Howard Fire
5

Washington

Commercial Nat....50
Commonwealth Nat 50
Consolidation Nat..30
Corn Exchange Nat.50

Eighth Nat

103

130
120
101

•*i!2
IDO

German-Amencau 100
Germania
50

FIRE INSITR5CE
STOCKS.

Cincinnati
Citizens’
Commercial. ’.

54
21

95
City..>.---100
102
Exchange
gg
5U 120
Farragut.

Wells, Fargo & Co...

Washington

,--17

--

Amazon(new stock) 20

100 tl30

First Nat
100
Farmers’&Mech.N.lOO
Girard National... .40
100

105
100

-

-

Columbia
Commercial
Continental

Merchants’ Exch.. 100

.

-

Firemen’s
Firemen’s Trust.... 10

Nat. Gold Bank* Tr. Co
Pacific

Suffolk Mutual.;.

-

98% Clinton. A

Grangers’ B’k of C.100

Revere

-

......

Citizens’..

107

NeptuneF. & M...100

92
154

98%
32%

31%

132% Empire

130

Bank of California....
First Nat. Gold —100

..

101

...

New York.

102%
102%
97%
100%

Boston.
American F. & M. .100
Boston
100

147

28%
60
48
96

80

80

250

27%
51
43
94
98

..

119
98

82%
95

Home

Mechanics’ * Traders’
New Orleans Ins. Ass’n
New Orleans Ins. Co
People’s
:
Sun Mutual
Teutonia

100

104
53

Hope
Lafayette
Merchants’ Mutual

96%

85
8

Merchants’ Mutual.50
National Fire
10

145

....

Price nominal; no late transactions.




22
125

175
70
235
90

St. Louis National.100

Boylston

Ask.

325

Merchants’, Old.
Merchants’ Nat ...100

Maryland Fire

1*3*8

Manhattan
50 140
Manuf. & Merck’ts.20 ;115
Marine
100 JL21
Market
100 122
25 145
Mechanics’
65
Mechanics’ B. Ass’n50
Mechanics’ & Tr.. .25 100
85
Mercantile
100
132
Merchants’
:.. .50
Merchants’ Excli’ge50 100
Metropolitan
100 149
Nassau
100
New York
100
N. Y. Nat. Exch’gelOO
New York County. 100
Ninth National... .100 U05
North America
70
North River
50
Oriental
25
Pacific
.50
Park
100 123

City National
100
123
108

246

50 ;135
Leather Manuf ts.. 100 J130

Erving

96

„

Montreal.

Exchange ...100 :145

95
East River
25
Eleventh Ward
25
First National
100 600
Fourth National... 100 116
Fulton
30 |130
Fifth Avenue
100 275
Gallatin National. .50 tl37
75
German American. .75
Germania
100
25
Greenwich
Grocers’
30
Hanover
100 :ii8

Philadelphia.§

120
112
170
106
112

We8t.Finan.Corp. .100
Mobile.
Bank of Mobile
25
First Nat
100
Nat. Commercial.. 100

.....

Ill
116

Central National..100
Chase National... .100 132
Chatham
25 1110
Chemical
100 1700
210
City
100 200
Citizens’
25
Commerce
100 i*4*i*‘
115
100
Continental

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

100

100

100
100

85

148%
113% 114
«■

iri*

...

100

144
110
142

San Francisco.

25 ;225
Butchers’* Drovers25,
Broadway

47

106

New York.
100
America
American Exch’gelOO
Bank.& Br’kers A. 100

Importers’ & Tr...l00

200

195

Commercial of Ky 100
Falls City TobaccolOO
90
Farmers’ of Ky
100
98
Farmers’ * Drov..l00
First Nat
100 106

..100

State Nat
Union Nat

Corn

100

German
100
German National. 100
Kentucky Nat
100
Louisv. Banking Co.40

People’s

10*3

109%

Bid.

j Crescent

......

97

Commercial Nat.. .100
Corn Exch. Nat.. .100
Fifth National
.100
First National
100
Hide and Leather
Home National
100
Merchants’ Nat.. .100
Nat. B’k of Illinois. 100
Northwestern Nat. 100
Union National... .100
Un.Stock Y’ds Nat.100

90

Metropolitan

Insurance Stocks.

x71
Mutual
Factors’ and Traders’. xl03
51
Firemen’s
79
Germania
90
Hibernia

56
152
146
146
111
144

55
151
144

100

..

First Nat. Chas.. .100

Chicago.

Richmond, Va.

St. Louis.
B’k of Commerce..100
108% 109%
100
Commercial
51% 53% Continental
100
100
97
Fourth National ..100
96
95
International
100
97% 100
Mech anics’
100

98
96

Long Island
Manufacturers’.
Mechanics’

Ville Marie

Ask.

New Orleans.

Portland, Me.
Cumberland Nat.. .40
Canal Nat
100
Casco Nat
100
First Nat
100
Merchants’ Nat
75
National Traders’. 100

New Orleans.
122% Canal &
Banking. .100
106% 107
Citizens’
100
103% 104
Germania Nat.... .100
118% 118% Hibernia Nat
100
141
141% Louisiana Nat..
100
134
133%

90
240

City National.

Union

122

120
203

Brooklyn

Toronto

11812 119

130

Atlantic (State).

;

Quebec
Standard

j

Bid.

25
Bank
79% City
40 x79
First Nat
100
70
50
100
Merchants’ Nat...100
84
82
Nat. Bk of VirginialOO
127
100 xl25
Planters’ Nat
100
67% 70% State Bank of Va.100
100

Ontario
,

j

Bank Stocks.

Ask.

.

People’s
Redemption

Masonic
Merchants’ Nat.
Northern of Ky

Bid.

A. 100 102% 103%
Hamilton
100 j 107% 108
140
145
Hockelaga
100
100
98% 99
100
100 126% 127% Imperial
72% 73
112
100
111%
Jacques
Cartier...
100
Maritime
100
59
59%
50
94%
Merchants’
100 x94
100 113 114
83% 84%
Molsons
50
100 150 133
Montreal
200 xl30*% 137%
100 132 126
79
Nation ale
50

Mt. Vernon
New England

First Page of (^notations.

:

Bank Stocks.

Ask.

Bid.

BONDS—Concluded.

QUOTATIONS OF STOCKS AND

Explanation* See Note* at Head of

For

597

CHRONICLE.

THE

1880.]

......

120
100
125

xoo

U6
-

•

•

•

«

•

CHRONICLE.

iTHE

598

[Vol. xxx
1879.

1,376,418

Freight
AND

STATE, C1TF AND CORPORATION FINANCES.
SUPPLEMENT.

INVESTORS'

THE

issued every other month, and
number will be published Saturday, June 26.

The Investors}* Supplement is
the next

SINCE APRIL

INDEX

Atlantic & Great Western
Atlantic & Pacific.

465
433

Augusta & Knoxville

Miscellaneous

90,234

99,531

36,617
9,307

$2,298,775

$2,578,816

$296,243

Total
Deduct Dayton

493

567

Mil. Lake Shore A Western

464

Minneapolis & St. Louis

432

Missouri Pacific
Mobile & Ohio
Morris A Essex

566

Cairo & St. Louis
464
Camden & Atlantic
518
Central Iowa
433, 518
Central Ohio
544
Central of New Jersey
566
544
Central Pacific
Cheshire
518
Chic. Burl. & Quincy
566
544
Chic. Clinton Dub. A Minn
Chic. Mil. & St. Paul..433, 518, 544

New

Chicago A Northwestern..433,

493

Chicago & Pacific
Chicago & Paducah

433

518

Chic. R. I. & Pac
465, 514,
•Chicago St. Louis & N. 0

Chicago A Tomali
Chic. A Western Indiana
Cincinnati City
465,
Cincinnati Hamilton & Dayton
Cin. Wabash & Michigan
Cleve. Col. Cin. A Indianap
Col. Chic. & Ind. Central
Connecticut Central
Connecticut Western

567
465

465

493

567
465

Mo. Kan. A Tex. Extension

518
518
544
465

465, 493
Balias A Wichita
Danbury & Norwalk
567
Delaware & Bound Brook
566
Delaware A Hudson Canal.... 518
Delaware State Bonds
493
493
Denver A Rio Grande
Dubuque A Dakota

493

East Tennessee Va. & Ga
Easton A Amboy

567

566

Flint & Pere Marquette

518

Framingham & Lowell
Georgia Railroad

493

434
Georgia RR. and Banking Co..542

465
463

Georgia State Bonds

©rand Rapids & Indiana
Grand Trunk of Canada

517

493

Grayville & Mattoon
....
Great West’n of Canada..464,
Green Bay & Minnesota
Greenwood A Augusta

544

518
493

Houeatonic
464
Houston East & West Texas... 544

Indianap. Delphi A Chic

434

International & Great No

518

Jerser City & Bergen
566
Kansas City F. S. & Gulf.463, 465
Kan. City Lawrence & So.519, 543
Kan. City St. Jo. & C. B...466, 519
Lake Erie A Western
567
Lake Ontario Southern...434, 466

Jersey Midland.519,544, 566

Ogdensb. & L. Champlain
494
Ohio A Mississippi
434, 567

Portsmouth A Dover

519

Port

Royal A Augusta
Quicksilver Mining Co
Quincy Missouri A Pacific

466
466

St. Louis Iron Mount. A So
St. Louis A San Fran.433, 519,
San. Man. A Newark
St. Paul A Duluth...
St. P. Minneap.' A Man.. ..519,
Savanuah A Memphis

434

Schuylkill Navigation Co

467
568
544
545

545
467

431

Selma Rome A Dalton
434, 568
Sioux City A Dakota
568
Sioux City A St. Paul
494
South Carolina RR..494, 517, 568
South. Kan. A Western
5 43
Southern Minnesota. .433, 467, 544
Sutro iunnel
432
Tenn. State RR. Bonds
Toledo Peoria A Warsaw

467
434

Township Bonds

467

Union Pacific

545

467

Valiev, of Ohio
Vicksburg A Meridian

543

Virginia State Finances

454

544

REPORTS.
i

report, the following is
Expenses,
incl’g int.,

Earnings.
$950,624

.

Increase 1880

and taxes.

$757,801

Net

earnings.
$192,822

*321,962

45,488
12,356
50,810

2,282,572

$2,277,337
2,124,900

$301,478
157,672

$296,243

$152,437

$143,806

1,040,862
214,556
372,773

$2,578,816

Total 1879

995,374
202,199

*
There is no interest included in the account of expenses in operating
the C. H. A T. RR. The Jirst instalment of $63,000 of interest on these

bonis, under the award of the arbitration, falls due July 1, 1880. Had
•netyear’s interest on the $1,800,000, as contemplated for the future,
mnder that award, been paid and charged up. there would have been a
lose in operating said road for the year of $75,189, and the surplus
♦arnings of the four roads would have been;reduced to $175,478.

Tfae eai nings



as

above

were

mak¬

Cincinnati Hamilton & Indianapolis Railroad Company.—The
earnings of this road for the year show $50,810 toward the
payment of interest, which, if paid on the $1,800,000 of bonds—
as contemplated in the future, under the award of the arbitra¬
tors from January 1, 1880—would have left a deficiency of
$75,189. Fifty new box cars were added during the year at a
cost of $30,624, and charged to operating expenses, which, if
taken out, would still leave a deficiency of $44,564. There was
also charged to expense account $27,328 for steel rails. •
Since the last report the controversy between this company
and the Cin. Ham. & D. RR. in relation to endorsement of the
bonds of the Cincinnati Hamilton & Indianapolis Railroad Com¬
pany

lias been settled by arbitration.

The 700 C. H. & I. bonds

The bills payable account, as it appears on the Secretary
and Treasurer’s balance, show’s, as compared with March 31,1879,
a reduction of $286,528, leaving a balance at the end of the year
of

$13,185, not then due, which has since been paidrt The com¬

pany now owes no

floating debt except $28,076

on

account of its

guarantee of interest on the Cincinnati Richmond & Fort Wayne
Railroad bonds, now in controversy in the United States Court

legality of the obligation of this company.
Payment of the outstanding first mortgage 7 per cent bonds,
amounting'to $1,342,000, maturing May 1, 1880, has been pro¬
vided for by a sale, at par, of consolidated mortgage bonds,
having twenty-six years from October, 1879, to run, and bearing
as

to the

interest at the rate of 6 per

cent

per year.

Wisconsin Central Railroad.

(From Jan. 4,1879, to May 27,1880.)
The report of Mr. Charles L. Colby, agent, to Messrs. John A.
Stewart and Edwin H. Abbot, trustees in possession, contain*
the following:
“
The increasing of our local business has occupied much at¬
tention.
Many projects intended to augment both passenger
and freight traffic have been successfully carried out. The

reports of the General Manager and Auditor, which are here¬
with transmitted, show a marked increase in earnings over the
corresponding months of the year 1878. Several new mills
have been built on our line. Better arrangements with connect¬
ing roads for obtaining cheap communication with che lumber
markets have stimulated this traffic, and its consequent increase

demand

BARKINGS AND EXPENSES.

Total 1880

year,

has obliged a large addition to our rolling stock. This
has been supplied by the Central Car Company, an organization

:

Cincinnati Richmond & Chicago....
Cincinnati Hamilton & Indianapolis

loss of $9,738 last

awaiting the full execution of said award. No entries of thi&
as yet been made in the accounts of the com¬
Pennsylvania Co
431
present
pany.
Up
to
the
time the holders of 1,336 out of the 1,809
Pennsylvania RR
434, 494
434 bonds have accepted its terms, and the interest on such bonds,
Peoria Decatur A Evansv
Philadelphia A Read.434, 494, 567 with all others assenting to said award, will be paid on the 1st
Phil a. Wil. A Balt
545
of July next.
PittstfUrg Titusville A Buffalo. 519
FLOATING DEBT.

(For the year ending March 31, 1880.)

Dayton A Michigan

a

transaction have

:

Dayton

profit of $12,356 as against

ing the actual net gain $22,094.

567
432

From advance sheets of the annual

Cincinnati Hamilton &

net

565

Cincinnati Hamilton & Dayton.

obtained

provements at Lima and Toledo $29,066, the details of which *
will be shown in the Secretary and Treasurer’s report.
CincinnatLRichmond & Chicago Railroad.—This road shows a

Steamship Co

Pacific Mail

Wisconsin Valley

'

actual gain $111,438. This gain is attributable almost entirely
to the increase in local business on the line of road, caused by
the general improvement in the country adjacent thereto.
There has been expended for real estate and permanent im¬

Pacific RR. Laud Grants
Paducah A Elizabethtown

Ilacon A Augusta

•

The Dayton & Michi¬

held by this company are in the Safe Deposit Company, subject
to the conditions of the terms of the award of the arbitrators,

Lake Shore A Michigan So.... .490
Laurens Railroad
434
Local Indebtedness of Ohio.... 466
Louisville & Nashv
493, 519
Louisv. N. Alb.A Chic.434, 466, 519
Louisiana State Bonds
493

ANNUAL

16,203

pool

gan Railroad shows net earnings of $45,438 as against a deficit
of $51,949 last year, making a net gain of $97,438.
In addition
there has been added one first-class passenger coach and twentyfive new freight cars, at a cost of $14,000, which makes the

567
544
431

Wab. St.L.A Pnc.434,494,520, 56S
Wash. City Va, Midi. A G. S
520
West Chester A Phila
545
Wert Jersey Railroad
431
454
West Side A Yonkers
Western of Alabama
542
Western Union Telegraph
568

542

18,151

20,413

actual increase of net earnings $84,644.

New Jersey A New York
566
New Orleans City Debt
466, 494
466
N. O. Mobile & Texas
New Orleans & Pacific
434
N. Y. A Greenwood Lake
566
N. Y. A New England
544, 545
518
N. Y. A Texas Land Co
N. Y. Central A Hudson River. 494
N. Y. City A Northern
519, 544
544
N. Y. Elevated
494
N. Y. Lake Erie A Western
519
N. Y. Ontario A Western
N. Y. Penn. A Ohio
494
N. Y. Stock Exchange
519
N. Y. Woodhaven m Rockaway 494
Northern of New Jersey
566

433

44,429

$434

Total....
$2,282,572
The net earnings of the Cin. Ham. & D. RR. show an increase
over last year of $51,629.
In addition to this there has been
added seventy new freight cars at a cost of $36,034, making the

Maryland Union Coal Co
466
Memphis & Little Rock..
466
Metropolitan Elevated
519, 544
Michigan Central
491

Baltimore & Ohio
544
Baltimore & Potomac
493
Boston Hoosac Tunnel & W.... 493
Boston Water Power Co
464
Burl. & Mo. River in Neb.518, 544

"4,647

45,487
26,277

493
544

Manhattan Elevated
Marietta A Cincinnati

Am. Union Telegraph
568
Atcli. Too. A San. Fe.433, 491, 543
Atlanta & Charlotte Air-Line. .431

32,993
50,134

Express
Indianapolis pool
Dayton pool

SUPPLEMENT.

Manhattan Beach Co

1,493,977

33,427

following is an index to all reports and items heretofore J
published in the Investment Department of the Chronicle
since the last issue of the iNVEsroR’s Supplement; annual
reports are indexed in black-faced type :
463

Increase. Decrease.

$110,405
117,559

Mails

The

Allegheny Valley

1880.

$837,335

$726,929

Passenger

derived from the following sources:

formed by our stockholders for this purpose, from which we
have obtained, and are obtaining, additional rolling stock and
motive power on favorable terms.
“Our employes are all promptly paid. The floating debt oft

pay-rolls and for supplies which rested on the property a year
ago is all extinguished. All extra demands, such as accounts
for construction, legal services, expenses of reorganization, and
the like, are promptly met.
.
^

“

The first

instalment of interest which matured under

tha

reorganization on March 1, 1880, upon the preferred indebted¬
ness, was punctually paid, and the receipts from the operating
department show an increasing surplus over the expenses.”
WISCONSIN

&

MINNESOTA RAILROAD.

Among the projects for enhancing the value of the Wiscon¬
Central Railroad, none are of more importance than the
building of the Wisconsin & Minnesota Railroad from Abbots¬
ford, on our line, west to Chippewa Falls. The construction of
this railroad is vigorously pushed, and it is expected to be
finished and ready for business sometime during the coming
“

sin

fall.”

'
NORTHERN PACIFIC

“The Northern Pacific Railroad

CONNECTION.

Company is now working 0*
I

4

extension of their line across from their eastern terminus
to connect with our road at Ashland. Their engineers are now
locating the line, and it is expected that construction will begin
on it sometime during the present year.”
the

MILWAUKEE AND

NORTHERN RAILROAD.

The temporary lease which the trustees accepted from the
Receiver of the Milwaukee & Northern Railroad on May 1,1879
“

on a

599

THE CHRONICLE.

1880.J

Junk 5,

By its terms it can be

reduced rental, is still in force.

canceled at any time by either party upon thirty days’ notice.
This railroad for its local business must always compete, more
or less, with the Milwaukee Lake Shore & Western Railroac
and with the Chicago & Northwestern Railroad. The business

Wood on hand leas than last year
For sales of consolidated mortgage

$l,H$

bonds

153,500

.

$559,215
Disbursements.—

over-due bonds, etc... $161,283
\;
43,707
Engineer’s department, shop stock, oil, etc., on hand more than
Paid coupons, back coupons, interest
Paid preferred stock dividends

on

6,811

last yes r
Branch Railroad to Mount Washington
Convertible mortgago bonds taken up
In hands of general manager over last year
Cash and bonds on hand

28,000

124,900
6,446

188,067

$559,215
Northern (New

Hampshire.)

given to it by our road constitutes a large share of its traffic,
(For the year ending March 31, 1880.)
opinion, of far greater value to whatever road we
The company has no funded debt. The gain was chiefly in
may choose to connect with than any compensation we are
likely to receive from operating the Milwaukee & Northern through business. No less than 62*6 per cent of the passenger
Railroad. On the other hand, the advantage of running our mileage and 95-6 per cent of the tonnage mileage was of busi¬
trains to Milwaukee via Menasha rather than by way of Portage ness to and from other roads.
The report gives the following earnings for 1879-80, as com¬
City, and over a route which we control through the whole dis¬
pared
with 1878-79.
tance, is to be considered; and the continuance of this lea^e,
1878-79.
1879-80.
until a permanent arrangement can be made upon satisfactory
Passage
$139,403
$133,737
terms with some one of our connecting lines, seems to be at Freight
276,119
263,530
23,482
29,606
present desirable. No permanent arrangement is possible at Mail, express, &c.
present with the Milwaukee & Northern Railroad, because it is
$426,873
Total
$439,005
319,501
about to be sold under its mortgage, and is still in the hands of Expenses
326,566
a receiver.
Whether it will then be desirable remains to be
$107,372
Net earnings
$112,438
seen.”
EARNINGS, EXPENSES, ETC.
The income account was as follows :
The following statement gives the earnings and expenses, and Balance March 31, 1879
$123,232
Gross earnings, as above
439,005
net result of operations, in 1879 and 1878 :
1879.

and is, in my

.

2878.

Total

earnings

Operating expenses
Net

Balance

$439,001

.$397,247

Wisconsin Central
Milwaukee & Northern
Milwaukee to Scliwartzburg

310,785
25,786

382,018
30,070

$733,819

$851,090
497,138

$259,322
136,458

$353,952
160,861

Stock

$122,863

$193,090

Income.

-

earnings

Rentals

,

Net balance

474.497

LANDS.

during the year 1879 were not very large,
although the country is filling up steadily. There is such a
large amount of Government lands contiguous to ours, but not
yet occupied, that much attention is necessarily given to them.
It is not possible to sell railroad lands to settlers when adjoining
public lands can be had for nothing.
The report of Land Department shows the total number of
The sales of lands

acres

sold in 1874 to be 2,703 33

; average

per acre,

$6 82 ; 1875,

3,049*62, average, $5 01 ; 1876, 7,689*54, average, $4 18 ; 1877,
29,394-93, average, $1 98^; 1878, 23,371 21, average, $2 23;
1879, 10,525 57, average, $2 57% ; total, 76,734-20 acres.
GRAND TOTAL OF

SALES.

107,956 M. pine stumpage

$400,204
Amount of

outstanding contracts

.

Montreal.
(For the year ending March 31, 1880.)
The annual report, just issued, gives the following
earnings and expenses EARNINGS.

31,164

Boston Concord &

Mails

Express

Balance of income,

statement

i

follows

:

'....

payable
i.

Contingent fund

Premiums, unclaimed coupons, etc

June dividend

Total

$3,068,400
37,708
254,245
431,850
109,393

Construction

711 shares, oost
Concord & Claremout RR

Northern KR. stock,
Bills receivable
Materials and fuel

20,574
89,919
$3,984,460

Concord Railroad.

(For the year ending

March 31, 1880.)

operates, in all, 121 miles.

This company owns 61 miles and
The annual report gives the following

*

:

Express, mail, etc

,

.

1879-80.

1878-79.

$299,447
541,244
29,395

$278,321
424,954
29,72$

$870,088

$733,004

Net earnings

earnings show a gain, notwithstanding the
freight. The income account was as follows:
Net earnings for the year
Tax on

capital stock..S.

Manchester & Lawrence,
Rentals of leased lines,
Boston

$35,939

joint business

including Nashua Acton

and yard at Gpncord

depot at Nashua.

Unsettled claims

low rates for
-

Reserved for new buildings
New

414,157
$318,847

523,356
$346,732

-

The

$131,204
78.456
217,505
19,316
30,768— 477,251

177,000
484,879

143,687

The Peterboro & Hillsboro road, in which this company is
interested, has returned no dividends on the investment as yet.
The Manchester & Keene road has not been worked, but steps
hare been taken to have it brought into use.

Expenses

$678,123

$3,068,400

82,862— $3,984,400

Cash, contracts, etc

Total

EXPENDITURES.

Maintenance of way
Maintenance of motive power
Cost of working road
Cost of management
Miscellaneous

$143,687

March 31,1880

The balance sheet is as
Bills

$635,105

164,851— 491,418

Freight.

5,594

Miscellaneous

$326,566

Passengers

$260,921
383,531
16,825
11,250

Passengers
Freight

,

Total

Expenses, as above
Bivideuds, 5*2 per cent

$203,489
17,668
179,056

76,734*20 acres land
488 town lots, 13 blocks

72,867

(surplus) of interest account

;

&

$348,782

65J>81
44,094
15,000
20,000
3,000

$200,871 New freight cars
10,000
150,000 845,61$
The report says : “ The gross earnings for the year ending Dividends, 10 per cent..
March 31, 1880, have been $678,123. The gross earnings for the
Balance to contingent account
$1,117
year ending March 31, 1879, were $590,550.
The expenses for
the year have been $477,251. The expenses for the previous
Boston & N. Y. Air Line.
year were $457,377. This statement shows an increase in gross
(For the year ending May 1, 1880.)
earnings of $87,572, while the net earnings are $746 less. This
decrease in net earnings is accounted for by increased propor¬
The President’s report gives the following statement of tha
tions amounting to $67,270 paid other roads, and also paying earnings and operating expenses of this company from May 1,
bills to the amouht of $20,554 accruing prior to the last report, 1879, to May 1, 1880:
which were not included in accounts of last year. The rolling Gross earnings from May 1, 1879, to May 1,1880
$274,177
stock is in good condition.
125,537
We have built the past year one Operating expenses for same period
observation car, one baggage and smoking car, and purchased
Net earnings
$148,639
one first-class passenger car, and built fifty-five platform and
net
The
earnings have been applied to the liquidation of the
three box and two stock cars. We have purchased two firstloating debt of the company and to construction account..
class engines, have made thorough repairs on engines, passen¬
During the past year, 500 tons of new steel rails were laid oft
ger and freight cars.
The roadway has been greatly improved
the road, the Middletown bridges were completed and the last
by additional ballasting at points required.” * * * “ Sales
of the consolidated bonds have been made to the amount of of the old wooden trestles were replaced by solid filling.
The President says that the contract with the New York New
$153,500, $124,900 of the proceeds of which has been applied
laven
& Hartford Railroad Company has given entire satisfacto take up the overdue bonds of 1875; and $28,000 has been
ion,
and
the management believe that the, percentage of thia
applied to the construction of the branch road to Mfc. Washing¬
ton. The trustees of the sinking fund hold $306,000 of the company, which may be readjusted on the 1st of October next,
bonds due in 1889 ; the corporation holds $116,000 \ and there will be fixed at a rate at least as favorable as the present rata
:?or the next five years. The net earnings of the past year
are $202,000 outstanding m the hands of other parties.”
would have justified the payment of a dividend on the preferred
INCOME ACCOUNT.
stock of this company. The management, however, thought it
Receipts.—
Bonds and cash on hand per last report
$193,461 setter policy to extinguish the floating debt and to apply the
NCt income for the year
200,871 earnings to permanent betterments of the property.
Interest received during the year
10,26&
Net balance




600

IHE

OHRONLCLE.

The disbursements during the year ending April 30,1880,
addition to operating expenses, were as follows :
on construction and equipment
Less old rails sold
Interest on first mortgage bonds
Taxes of 1876,1877 and 1878

Expended

in

[VOL. XXX.

COMMERCIAL EPITOME.
Friday Night, June 4,1880.

$56,819
15,031— $41,787
35,000
15,783

We have

return of cooler

weather, and general rains have
drought, which had begun to be serious. Trade
Ta-xpj* nf 1 £70
1 ^ c«n
continues
dull,
and the accumulations of stocks of many de¬
Floating debt May i, 1879 (bills payable)
30,175
scriptions of foreign merchandise begin to be very excessive.
Total
$136,627
Speculation continues sluggish, and there is a large accumula¬
GENERAL BALANCE SHEET, MAY 1, 1880.
tion of loanable funds in this city.
Dr.
Cost of property acquired by this company
The following is a statement of the stocks of leading articles
$3,901,110
Expended on construction and equipment by this company...
540,380
of
domestic and foreign merchandise at dates given :
Materials, coal, &c., on hand
7,757
;

a

relieved the

v

Cash in hands of Treasurer
Uncollected earnings

5,225

24,574
Pork

$4,479,048

Cr.

.

.

Capital stock, common
Capital stock, scrip
First mortgage bonds.
Current liabilities, including April pay-roll

$232,500
2,767,500

41,696

tcs.

57,585
27,033

500,000
19,131
128,390

Profit and loss

Tobacco, foreign

bales.

Tobacco, domestic

hlids.

boxes.

Sugar

GENERAL INVESTMENT

6,298

hhds.

3,004
3,462
5,000
No. 140,900

Molasses, foreign
Molasses, domestic

NEWS.

32,735
189,656
87,600
158,345
129,365
6,558
900,000

bags, &c. 612,700

Melado

$4,479,048

6,082

32,247
bags. 148,745
bags. 72,500
mats. 138,476
hhds.
87,540

Coffee, Rio
Coffee, other.'
Coffee, Java, <fec
Sugar
Sugar

803,800
27,727

1880.

Junel.
56,292
5,608
60,787
27,347

bills.
tcs. and bbls.

Lard

Bonds of N. H. M. & W R. R., convertible into stock.

Capital stock, preferred

Beef..:

1880.

May 1.-

6.728
6,221
4,000
144,800
161,567

hhds.
bbls.

Hides
Cotton
Rosin

...bales. 239,236
bbls.
30,874

r

American Union
Telegraph Company.—The American
Union Telegraph Company has completed a system of lines

Spirits turpentine

bbls.

1,067

Tar

12,122
927

bbls.

610

793

embracing

Rice, E. I
Rice, domestic

of the principal points in the United States,
Omaha and Kansas City, and
and also the leading cities in
the Dominion of Canada, including Hie Maritime Provinces, and
the lines are now open to the publid. Rates have been reduced
from 15 to 30 per cent. The company has now in use about
50,000 miles of wire, and is extending its lines.
many

east to Portland, Me., west to
south to Nashville and Norfolk,

Boston &

bags.

1,500

bbls. and tcs.

3,250
1,500

Linseed

bags.
bags.

Saltpetre....’
Jute

bales.

Jute butts
Manila hemp

bales.

bales.

There has been

24,000
3,000
33,176
23,000

,

1879.
Junel.
94,466

1,119
55,600
23,905
28,263
84,588
28,491
5,677

51,139
None.

106,000
938

4,922
2,000
171,900
152,503
18,169
1,567

2,195
1,125

3,500
2,250
31,250
21,000
5,000
43,076

134,900
6,950

25,900

53,720

386

3,630
17.294

steady improvement in provisions; specula¬
tive interest has been revived to some extent, and quite a good
export movement has been reported. To-day old mess pork
sold on the spot at $10 75 and new at $11 25; do. for August
sold at $11 30; June and July quoted at $11 25. Bacon firm at
6%c. for long clear and 6%c. for long and short clear together.
Lard was again higher, and sold on the spot at 7c. for prime

Albany—Springfield Athol & Northeastern.—

At a special meeting of the directors of the Boston & Albany
Railroad in Springfield, it was voted to accept the purchase of
the Springfield Athol & Northeastern Railroad, subject to the

approval of the stockholders.
Burlington & Missouri River in Nebraska.—The Republi¬
can Valley line is now completed to Indianola, Neb., 30 miles

a

Western and 7*05c. for choice do.; June contracts realized 6‘95@

westward from the late terminus at Arapahoe and 120 miles
west from the main line at Hastings. This is to be the terminus
of the road. A branch of the Republican Valley line is now

7c., July 7c., closing 7-02^c., August 7'05#7'07^c., September,
7*12^c., seller year, 6*97/£c.; refined to the Continent, 7%c.
being built from Red Cloud, the point where it reaches the Beef and beef hams quiet. Butter and cheese have been fairly
Republican River and turns west, nearly due eastward. It is active at
steady rates. Tallow, 6 l-16(5;6%c.
now completed from Red Cloud to
Spring Valley, 25 miles, and
Rio
coffee
has been quiet but steady at 14%c. for fair car¬
grading is going on rapidly from Spring Valley east.
Brooklyn & Montank Railroad (Sonth Side of Long goes, and the transactions in mild grades have, as a rule, been
Island.)—The holders of sinking fund bonds of the South Side * moderate, though m Laguayra and Savanilla coffee there has
Railroad Company of Long Island are notified that certificates been a very fair business ; of Laguayra over 5,000
bags have
9f
and
common st^ks will be ready for deliveiy on . keen
within
a
week,
and
of
Savanilla
bags,
fully
3,000
the 4th inst., at the Gallatin National Bank, No. 36 Wall Street,*
*
-,0^A
A
within
the
range of 13@14c. and 12@16c., respectively. Rice
on surrender of receipts issued on the deposit of bonds, and on
has been in fair demand and steady. Spices have been quiet.
payment (if not already paid) of the assessment of ten dollars
,

-

per

bond of

-

one

-

-------

of the Canada Sonthern

Railway Company, June 2, the old

board of directors, consisting of William H. Vanderbilt, Cor¬

nelius Vanderbilt, James
F. Barger, Sidney Dillon,

Tiflinghast, Augustus Schell, Samuel

E. A. Wickers, A. G. Dulman and
re-elected.
Carolina Central.—At Wilmington, N. C., May 31, the Caro-lina Central Railway, extending from
Wilmington to Shelby,
N. C., with all its property, rights and franchises, was sold by
auction, under a decree of foreclosure, for $1,200,000. T. O.
French, A. V. Graves, D. R. Murchison, James S. Whedbee and
A. V. Stout, a committee on behalf of the first mortgage bond¬
holders, were the purchasers.
Chicago & Northwestern.—At the election for directors for
three years of the Chicago & Northwestern Railroad, David
Dows, Sidney Dillon, John M. Burke and M. Hughitt were re¬
elected, and Mr. D. O. Mills was chosen in place of David
Jones. Mr. M. Hughitt was elected Second Vice-President. A
quarterly dividend of 1% per cent on the preferred and a divi¬
dend of 3 per cent on the common stock was declared.
Cleveland Mt. Vernon & Delaware.—At Akron, O.,
May 27,
Wertheim & Gompertz, representing the Holland bondholders
of the Cleveland Mt. Vernon & Delaware Railroad, filed a peti¬
tion in the Summit County Court of Common Pleas,
asking that
the priority of mortgages be settled by the Court; that the
amount due the plaintiffs be determined, and that, in case such

Joseph. E. Brown,

was

=Lt?t
execution, the proceeds

.

..

.

_

,

-

Tea has sold better at auction.

thousand dollars each.

Canada Sonthern.—At the annual meeting of the sharehold¬
ers

_

Molasses has remained about

steady, but still only moderately active. Raw sugar has, most
of the time, been dull, bdt
yesterday there was a large business,
the sales being fully 5.000 hhds.; and the market, which before
was weak or to a great extent nominal, is now firm at
7%c., which shows a slight reduction for the week. Refined
has latterly sold freely at strong prices ; to-day crushed and
powdered were quoted at 9%c. and granulated at 9%<a9%c.
The market for Kentucky tobacco has been unusually dull,
the sales of the week aggregating only 150 hhds., of which 100
for export and 50 for home consumption.
Prices, however,
remained steady, lugs being quoted at 4@5%c. and leaf at
12c. In seed leaf, however, the movement has continued brisk,
and the sales for the week amounted to 2,772 cases, as follows:
1,650 cases 1879 crop, Pennsylvania, 18@22c. and private terms ;
321 cases 1878 crop, do., ll@19c.; 51 cases 1877 crop, do.,
private terms; 200 cases 1878 crop, New England, 13@20c., and
100 cases sundries, 9@18c.
There has also been considerable
activity in Spanish tobacco, and the sales for the week are 900
bales Havana at 85c.@$l 15.
There has been a large business in ocean freight room, the

demands coming principally from the grain trade; rates at
times have been irregular, but at the close ruled about steady.

To-day grain was taken to Liverpool by steam at 4d. standard
bushel; provisions, 25@35s.; grain to London by steam quoted
5d.; do. to Glasgow by steam, 4%@5d.; do. taken to Cork for
orders, 4s. 3d.@4s.6d.@4s. 7/£d., as ..to lay days; do. to Ham¬
burg, 4s.; do. to Antwerp, 4s. 6d.; do. to Revel, 4s. 7?£d.; re¬
fined petroleum to Hamburg, 2s. 5%d.; crude do. to Havre, 2s.

7T"=;To dfr:r;^

it z&rj&xz
in
satisfaction of the
applied to the
10/£d.;
alcohol
to
Seville,
5s.
mortgages held by plaintiffs. The amount involved is between
In naval stores a better trade and more firmness have been
$2,000,000 and $3,000,000.
noticed; strained to good strained rosins, $1 40@$1 45; spirits
Vermont & Massachusetts.—The annual
meeting of the
stockholders of the Vermont and Massachusetts Railroad was turpentine, 26^c. Petroleum has also been more active, ana
closes higher at 8c. for refined, in bbls. Crude certificates
held in Boston. The
to be

annual report showed the
receipts, being were advanced to $1
in the week, but declined and closed
Fitchburg Railroad and interest, to have been to-day at 91%c., bid. early
iron, whether American or Scotch,
Pig
$180,666; the expenditures for dividends $177,300 for keeping remains quiet and very unsettled: No. 1, $23@$25; No. 2, $200
up the organization, salaries and miscellaneous expenses, $23;
Eglinton, $20@$21; Glengam(\h, $20 50@$22 50. Rails
$3,966; total, $180,666.
have remained dull and essentially unchanged. An important
The sale of the Brattleborough branch to the New London
failure in the iron trade is announced. Ingot copper remains
Northern Railroad was ratified by a unanimous vote, and the
quiet at 18c. for Lake. The wool market is quiet; many lots
meeting was dissolved.
'
are pressed for sale, and prices are unsettled

the rent from the




.

June 5,

601

THE CHRONICLE.

1S80.]

EXPORTED SINCE SEPT. 1 TO—

RECEIPTS SINCE

COTTON.
Friday, P. M., Jane 4, 1880.

1.

SEPT.

Ports.

Thb Movement op the Crop, as indicated by our telegrams
from the South to-night, is given below.
For the week ending

Great

France.

Britain.

1878.

1879.

Stock.

Other

Total.

Foreign

•

this

evening (June 4), the total receipts have reached

23,674

bales, against 23,764 bales last week, 26,514 bales the previous
week and 24,636 bales three weeks since, making the total

Char’n*

Receipts at—

Thurs.

Wed.

Tues.

Mon.

140

1,536

265

938

58

433

3,370

Mobile

97

15

2

44

168

511

Charleston
port Royal, &c.
Savannah
Brunswick, &c.

200

30 3

270

273

231

1,444

...

•

•

•

167

-

....

•

123

306

311

....

....

....

....

....

....

344

221

537

1,842

....

....

34

2,075

Galveston

Indianola, &c...
Tennessee, &c..

794

1,283
.

....

....

245

43
...

11

11

526

6,241

....

420

Norf’k*

703,861
262,407

....

23

....

.

1,043

1,872

102.575

N. York

....

r

447

N. Car.

Galv.*.

Total.

Fri.

185

New Orleans

Florida

473,418
718,931
4G3,999
193,714
20,139

Sav’h..

receipts since the 1st of September, 1879, 4,763,116 bale3, against
4,400,810 bales for the same period of 1878-9, showing an increase
since September 1, 1879, of 362,306 bales. The details of the
receipts for each day of this week (as per telegraph) are as follows:
Sat.

1,586

**

Florida

21

Wilmington....
Moreh’d City,&c

682

City Point, &c..

1,420

Totals this week

2,592

1,037
....

....

....

....

1,512

829

3,249

3,731

2,694

6.839

For comparison, we continue our usual
week’s total receipts and the totals for the
of the four previous years :

New Orleans
Mobile
Charleston
Port Royal, &c
Savannah

...

23,674

1876.

1877.

4,484

2,593

935

268

575

1,444

849

445

319

584

68

126

150

1,755
1,417

1,336

1,177

207

753

1,353

1,564

/

330

2,428

7

2,103

3,989
36

6

....

95

108

596

129

116

7,549

1,511

2,115

2,936

1,004

536

87

284

67

49

23,674

11,089

12,380

9,390

10,456

North Carolina

Total this week

4,569

2,655

....

City Point, <&c

536

257

6,241

Norfolk

536

1,437

11

Florida

7,549

511

....

Tndiauoi^., &.o.........
Tennessee, &c..

13

2,069

3,370

1,842
2,075

Galveston

13

table showing this
corresponding weeks

1878.

1879.

1880.

Receipts this w’k at

82

11

....

....

....

....

7

....

....

....

....

Norfolk

21

22

....

....

....

....

Total since Sept. 1. 4,763,116 4,400,810 4,203,484 3,915,033 4,028,470

for the week ending this evening reach a total of
68,642 bales, of which 55,845 were to Great Britain, 5,673 to
France and 7,124 to rest of the Continent, while the stocks as
made ud this evening are now 373,611 bales.
Below are the
exports for the week and stocks to-night, and a comparison with
the corresponding period of last season.
The exports

EXPORTED TO—

Week

ending

Great
Britain.

June 4.
N. Orl’ns

27,005

Mobile..

France.

4,290

Charl’t’n

N. York.
Norfolk-

Other*..

....

33,332
....

2,966

1,005
373

1879.

1880.

....

2,071

....

....

....

2,826
21,934

3,795
3,739

1879

5,453 115,907

45.061

14,391
9,837
10,702

3,173
1,373
2,863
4,458
L58,600
6,172
15,000

....

....

10,749

....

2,262 157,820
20,205
6,151 33,500
....

Other..

512,743
701,183
555,816

146,795
56,349
134,397
555,336

1

200,925

week..

55,845

7,124

5,673

63,642

13,871 373,611 236,770

Totsince

Bept. 1.. 2363,336 349,188 803,333 3516,362

3300.903

......

•

•

•

ing the past week, and prices have been variable and irregular,
making no very important changes in either direction. On
Saturday there was a firm opening, but the dull foreign advices,
large stocks at the South, and generally favorable crop accounts,
caused a loss of confidence and a general decline at the close.
Monday was a close holiday.
During Tuesday and Wednesday
the changes were slight, but generally towards lower prices for
this crop (except June) and better prices for the next crop.
On
Thursday there was a general advance for this crop and a firmer
feeling generally. More confidence was exhibited than for some
time past, and there was some haste tc cover contracts, the resnlt
being an advance. To-day there was a further advance, but a
sluggish movement. Spots have been rather quiet. Quotations
were revised on Saturday as follows:
white ordinary and strict
ordinary reduced 3-16c ; good ordinary reduced l-16c.; strict good
ordinary unchanged; low middling reduced l-10c.; strict low mid¬
dling and middling, unchanged; grades above middling ad¬
vanced 1 16c.; stained good ordinary reduced 3-16c.; other grades
reduced £c. Gn Wednesday there was a general advance of
l-16c.
Thursday saw another revision of quotations; low mid¬
dling and grades above were advanced l-10c.; strict ordinary was
reduced l-16c. and ordinary |c.; also stained strict good ordinary
reduced l-16c. and

good ordinary |c.; stained low middling and
To-day the market was again l-16c.

middling, unchanged.

higher, but quiet. The variations in leading gradej are shown in
the following:
Uplands—
Ordinary
Middling

137lQ

Fair

sales foot

up

export, 1.558 for consumption, — for speculation, and
in
transit. Of the above,
bales were to arr.ve. The following
tables show the official quotations and sales for each day of the
past week:

4.

Ordiu’y.$lb

9%q

Strict Ord..
Good Ord..
Str. G’d Ord
Low Midd’u
8tr. L’w Mid
Middling..
Good Mid
Str. G’d Mid

9%
1O~10

..

ioi-v.

9%

11%
c

il”i0
12%

6».,

9>j0 I
9% 1
’10y10 10y,c j
ilOl%0 10lol6

-

*

12%

Tta.

9i*
94
Strict Ord. j 91%6 9»4
10%
Good Ord.. 10%
10%
Str. G’d Ord: 10%
Low Midd’g;ll%e 11%

w

0

1214
12%

! J 3%

13 %!

13

\

13%

1

9% j

j 9%6

9’310

i 101

Sis'll

117,6 !ll7,6

8tr.L,wMid‘ll»is 11%
Middling...! 114 1H31611%

11 %

i

Fair

12i*lrt'13

!13%6 13%

#

Good Ordinary
Strict Good Ordinary
Low Middling

•

Mobile
Charleston...
Savannah....
Galveston....

Total

2,666

1,000
None.
None.

None.
None.

The




13%

Foreign

Total.

None.
None.

3,500

None.

2,666

8,927
2,400

655
None.

150
800
300
None.
21
None.
Not rec eived..
500
None.

12,127

1,626

SPOT MARKET
CLOSED.

Stock.

Steady, rev. quo.

20,927
3,400

194,980
11,491

Mon.
Tues. Firm

950
300

2,805

8,887
10,402
7,944

G’t&st’dy, i,ead
Thurs Steady, rev. quo.
Fri.
Easier at 1,0 adv.

4,000

49,703fc; Total

32,382

183,409

424
i 12*2
; i3
i 13^

!

12%
13

9% r*

Wed

Frl.

Til.

~9%7

9%
94
9^16
1>1516 9-5 16 O7*
10%
101^6 10%
IOH10
11
11
IDie
lllpj :U
11 *10 :11716 11%
11%
U%6
1134
lU3l0
m%c luL16 11 34
12
111
%
lll%0!12
ll15io
12%
127
127,6 :12%q 12%

Mod Toes Wed

Holi¬

day.

12l^o

121i1612»la 12%
13%s |131j6 13%
1313, a 13lli6 1334

8%
9%

Frl.

?*>
94

84

10%
11%

10716 10%

llhs

131*16

Th.

81310
913i0

-

13% 6

11 %

io»,«
U3i0

FUTURES.

Wed

Ex-

! Con-

port/

sump.

525)

155

Deco ration

304

1,560;

.

.

237

355

l,900j

8pec-!Tranui’t’nj sit.

86,500
55,900

592

63,600
79,000

6.190 352.800

4.800

703
....

400

1,100
1,5 00
1,3 00

2,346

416

500

67,800

.

1,864

::::

Deliv¬
eries.

sales.

OtO

Day —Hoi iday

The daily deliveries given above are actually
th<
vious to that on which they
are renorted.
*

Total.

446

292J

4,632! 1,553
-

•

delivered the day pre¬

*

The Sales and Prices ]o? Futures are shown by the follow
usual table showing the movement of
4
Ia this statement will be found thq
ports from Sept. 1 to May 28, the latest mail dates: jng comprehensive table

following is

cotton at all the

2,784

15,963

13%

!

!ni31G

9

a

SALES OP SPOT AMD TRANSIT.

8,679

Hew York....
Other porta..

124

MARKET AND SALES.

Leaving

.

9%

• lO?i0
'll110

Middling

Sat..

Hew Orleans

lb.l 84

12 4
i 12%
113

9%

13%

Sat.

STAINED.

II 3s
ill5*

jll%
111 Lbs m%0

Fri.

12&10 12%

13ilft 1131

;iois16

11%
11 •%

Th.

911*10, 9%
’10%6 10% 10%
:

.11%

i

Wed

Frl.

9Ji«

97s
10»,«

; 9%
zz

11%
11%

12%
12%

•

Wed

|

11D-10 1113X0

£5

12%

Midd’g Fair 12%
Fair

0-'io

9%

114

zz

HU
11%

0310

1O%0 10»,fl
1O1%0 101o1G

.

Sat. j Ron Tne«

Sat. j Wou Tue»

in 011 Tues

Sat.

TEXAS.

NEW ORLEANS.

UPLANDS.

Shipboard, not cleared—for
Coast¬
wise.

352,809

free on board. For immediate delivery the
this week 6,190 bales, including 4,632 for

bales, including
total

lliile,

-

The total sales for forward delivery for the week are

Lambert, 60 Beaver street:

Other

June 5.
9%0
11%

May 29.
9%
lin16

il3lii%!l3ll?6 1334

France.

m

speculation in futures has been without much spirit dur¬

The

it will be seen that, compared
last season, there is an increase
bales, while the stocks to-night
are 136,841 bales mare than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, at
the ports named.
We add also similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale &

Great
Britain.

m

Under the head of Charleston Is included Port Royal, Ac.; under the head of
Galveston is included Indianola. Ac.: under the head of Norfolk, is included City
Point. Ac.

Midd’g Fair

June 4, at—

m m

*

j 12516 ji2%6

On

8.912

m

1,701
19,562
29,250

-

1389,721 1968,774 404,499 913.759 3287,032 250.705

Last year

Good Mid..Sl2»i6 12%
Str. G’d Mid] 1271 (5 !12ia

From the foregoing statement
with the corresponding week of
in the exports this week of 54,771

35,487
235,384
246,289

24,074

....

m

....

10,447

i,479

head of‘‘other ports” Include, from Bal.
timore, 1,998 bales to Liverpool, and from Boston, 1,741 bales to Liverpool.
♦The exports this week under the

....

1,177

|2307,99lj343,515 796,214 3417,720 423,239

Ordin’y.fHb

Tot. this

•

....

23,863
224,993
£22,195

This yr. 4739,442

June

STOCK.

Same
Week

....

....

....

1,821
19,485
3,795
3,739

2,037
2,96G

....

Galv’t’n-

nent.

....

....

Bavan’h.

Conti¬

Total
this
Week.

815,418 246,467 238,945 1300,830 146,884
79,867 10,143 14,755 104,765 17.392
154,040 19,422 162,028 335,190 12,155
185,152 18,950 218,740 422,842 10,206
212,966 22,826 49,679 285,471 11,905
389,497 23,051 63,034 481,182 174,284

BT.Orlns 1451,958 1165,653
Mobile. 348,443 360,474

our

V

•

l-i

T

A

L Z

a-v-h

n

4

or

ill

I

k A

ia

•>* /<

Ira

a

i

THE CHRONICLE.

602

daily market, the prices of sales for each month each day,
the aloeing bids, in addition to the daily and total sales :
H

2
M

oag.g'

&8?$

rj

55

»-

* a)

a q

ETO ® p.

§

C

3

oa

B-S-"!
S“p

Chgocc
^►*8=
© r~ —■ es
5E

2
il£-®

►“«p

so o.

►-H,

a o »

&

®

c

w

Hjf

.—.. •

ffi

c

p:

m

c*b:

w

p<*?
®

£*

,5
^

t*

c*£.£-m

Ss-p c
p-^ro
p;

® *

*0 o

-

5

© ©

*j-© ®

tret ® P

£ ®*

ssss^

w

Stock at Barcelona

3.

P

co

|

CO

r

•

©•

K'T’
©

:

o*.

•

0
%

:

**i

:

;

I
:

S3"
p

;

:

:

e

I

•

•

•

•

•

GO

•

•

-r

•

;

:
:

©

•

•

:

: v*

p
Zh

!

!

.

•

©

m

:

•

*

&

•

;; ?
: : 6

•

*1

.

©

;

if.
:

•

t

.

.

•

•

•

•

.

.

•

•

j |

a
>—<

!

;

\

M<~»

MM

M

g

i

mm£

*7^0

77o

MM

05 M

11

OCCO

to

®
*—»•

a

\

T»tal continental ports....

220,960

242,500

441,750

475,750

2g

M M

I $

o

hJ M

MM

MM

<r.a>^

2?°;,05

o» C'

mm2

rsc

MM§

l1

1

15,000

71,606

254,223
20,640

27,000
362,708
34.722

10,000

3,000

5,000

8,000

471,000

645,000

*.

711,000

204,000

378,000

395,000

351,000

247,000

212,000

236,770
21,787

254,223
20,640

218,000

373,011
71,606

10,000

3,000

5,000

8,000

1,487,217 1,183,557 1,514,863

l,729.iio
838,000

154,000

.

^
a

h-

M M

M M

M M

MM

M

tOM

MM

M M

1

1

MM§

MM§

o

o«o»

to to
CM

to to
M M

t—M

CO

OO

-4-4

-4 Ci
w

1 &"*o

mk!j

SSg

ocg

-i -j

-1-4

0-4

C5C5

esc.

363,70*
34,722

M

MMX

to

1

77c

1—»

^o

M M

OT

05 —J
M r->

M M

CC

CO

CO

Cft

66

66

1

1

cici
oowM

i

i

©s

MmXJ

mm£

9?o

-4

C5C5

0-4

M

CO

00 M

1

C^Mm

©y,

1 ^

995

0-4

10 05

o

o®

15,000

27,000

1,690,307 2,012,013 2,620,689
7<1.
6x4d.
6,1.

United States exports

247,000

373.611
130.635

236,770
37,570
3,000

615,000

711,000
395,000
218,000

378,000
212,000
254,223

362,708
57,509
8,000

34,154

5,000

Egypt, Brazil, Ac., afloat

1,546,246 1,199,340 1,528,377 1,752,217
y
249,000
126,000
J 87,000 398,000
48,500
44,500
41,250
12,000
80,750
66,860
38,500
63,750
337,000
220,000
342,000
290,000
27,000
15,000
23,000
11,000

Total East India, Ae
Total American

1,546,246 1,199,340 1,528,377 1,752,217

East Indian, Brazil, dtc.—

Liverpool stock

oog

154.000

351,000

10,000

1977

1878.

471,000
204,000

to-day..

Total American
►0

1879.

1880.

Continental stocks
American afloat to Europe....
United States stock
United States interior stocks..

co

Vt

fto

11,000

bales 527,000

Liverpool stock

9 9ta

,L2« =

23,000

725.360
506,750
497,750
891,250
.1,487,217 1,183,557 1.514,863 1,729,430

American—

o» M

MMg

48.500
80,750
337.000

years, we could not make a comparison in any other way.
difficulty no longer exists, aDd we therefore make the fol¬
lowing comparison, which includes the stocks at the 19 towns
given weekly in our table of interior stocks instead of only the
old ,7 towns.
We shall continue this double statement for a
time but finally shall simply substitute the 19 towns for the 7
towns in the preceding table.

O o

CO

OO

..

187,000
12,000
63,750
220,000

four

M »-*

MM

.

41,250
38,500
290,000

That

00 05..

1

.

126,000

44.500
66,860
342.000

date of 1878. and a decreased 403,103 bales as compared with 1877.
In the preceding visible supply table we have heretofore only
included the interior stocks at the 7 original interior towns.
As we did not have the record of the new interior towns for the

m6u

goo

1

,.

249,000

The above<Jigures indicate an increase in the cotton in sight to¬
night of 522,270 bales as compared with the same date of 1879,
an increase of 199,964 bales as
compared with the corresponding

tocr.JI

1

..

Total visible supply........2,212,577
Price Mid. Upl., Liverpool
6Hi<»d.

! ©■•:

CCco

1

tO

G»
^1

©v
mm!T

G*M

So

1

.

Total East India, Ac
Total American

*^®to
1

to

CM

I

11,000

527,000

London stock
Cjntinentai stocks
India afloat for Europe.....

mw,
-4 ao!

CO*
»cm

QC M

337,000
218,000

5,212,577 1,690,307 2,012,613 i2.620.Q80

Egypt, Brazil, &c., afloat..

•

212,000

Of the above, the totals of American and other descriptions are as follows
American—

Liverpool stock

77

220.000

247,000

East Indian, Brazil, <te.—
CM.

CO

290.000

236,770
21.787

..

Total American

O

.

880,750 1,285,750 11,633,250

..

United States exports to-day..

1 7°
M
1

05
*4

stocks..

Liverpool stock

PS 03

s-S

11,250

1,750

6,500
21,000

Continental stocks..!
American afloat for Europe....
United States stock
United States interior stocks..

05 05

ccto

(SJ.

5
1 *

o

Easy

M

1

H-b

00

1,250

770

7,000

*...

United Stftes exports to-day..

0

>1

•

64,000

8tock in U. B. interior ports...

o

trt•

34,500

o

H

•1

P?
©

.

43.500

19,000
2,290

O

P

so

7,000

India cotton afloat for Europe.

s

••if
;:; %

MM

mm

,5?8

.

.

50.000

3,000
28,500

1 ,041,360
342,000
Amer’n cotton afloat for Europe 351,000
23,000
Egypt, Brazil,&c.,aftt for E’r’pe
Stock in United 8tates ports
373,611

.

r-M

I

«v,

.

•

cccc

KOm

M
*1

j S’
;: s

Quiet

;

.
.

:

•

:

.
.

MM

66

1

•

:

•

*

MM
MM

:

;

1877.

217,25a
12,000

14,400

Total European

.

.

;

1878.

232,750
5,750

Stock at Antwerp
Stock at other conti’ntal ports.

Stock at Rotterdam

pc-:

1879-

121,250
2,750
42,500

43,800

Stock at Amsterdam

PtS?
2g.» S
P.P'F'JD

1880.

89,300
4,000
45,700
3,000

67,000
16,500
72,250
61,500
15,500
6,750
17,000

Stock at Hamburg
Stock at Bremen

oas.5

’&g
S
E3 ® ■*

bales.

Stock at Havre
Stock at Marseilles

.03

g

33

and

[VOL. XXX.

London stock
;
Continental stocks
India afloat for Europe.

725,360

506,750

891,250

497,750

2,271,606 1,706,090 2,026,127 2,643,467

Total visible supply

to-night

&

§

6

>—*

+~L

©

©

•

M —

M M

oo

OO

oo

CO

CO

bb

0>*

G»M
CO

MM

MM
-4 X

G* 10

a oo

1 ©O

I ©<»

1 ©»

1 ©CO

M 1-* 01

MM®

Mr-^4

MH®

M M 05

-4-4 0

C5C50

c*

CMO

ctoo

77b

ao

Transferable
11*40;

OGt

G<

1 ©

These figures indicate an increase in the cotton in sight
of 565,516 bales as compared with the same date of 1879. an
increase of 245,479 bales as compared with the corresponding date
of 1878, and a decrease of 371,861 bales as compared with 1877.

77b

77b

77b

c

GtOO

10-40

MOO

cnco
c c o

orders—Saturday, 11*31;

Monday,

At the Interior Ports the movement—that is the
and shipments for the week, and stocks to-night, and

The following
*69 pd. to
*40 pd. to
*68 pd. to
*35 pd. to
*00 pd. to

statement:

?7gc

Week

c

Receipts Shipm’ts
;

Tuesday,

exchanges have been made during the week:

Thu Visible Supply op

*02 pd. to exch. 100 June for s. n. 3d
regular.
■09 pd. to exch. 1.100 July for Ang.
*09 pd. to exch. 100 July for Aug.

as

made up by cable and

telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain ar.d the afloat
for the Continent are

this week’s returns, and consequently

brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (June 4), we add the item of
exports from the United States, including in it the exports of
Friday only. *
Stock at Liverpool
Stock at London

bales

Total Great Britain stock.




Augusta, Ga

■

Columbus, Ga....
Macon, Ga
Montgomery, Ala
Selma, Ala

Memphis, Tenn..
Nashville, Tenn..

.

1880.

1879.

776,000

597,000

44,500

41,250

820,500

^633,250

6, ’79.

1878.

e

1877.

832,000 1,109,000
12,000

48,500

844,000 1,157,500

155
141
20
116
37
753
339

1.562

219
251
22
110
39

5,308

38,079

449

4,549

669

8,824

1

8i>

11,316
1,675

1,090

5,608

21,797

8

51
112
336

34
182
608
724
50
200
28

71,606

Dallas,Texas..
Jefferson, Tex.*.
Shreveport, La
Vicksburg, Miss..
Columbus, Miss..
Eufaula, Ala
Griffin, Ga
Atlanta, Ga
Rome, Ga
Charlotte, N. C..
flt. Louis, Mo....

12
40
737
151
18
6
3
15
194
328

318
90
894
321
109
153

206
100

Total, new p’rts

Tliis

'

,

1,968

'103
197

515
215

111
2

,

1,814

'

309
158
91
72

»

m

m

m

....

....

992

i

105
582
473

7,698
2,365

41

1,505
2,420

5,813
2,682

36,650
5,754

5,429

11,530

6.990

.

494

2,187
216

1,162

441

679
12
238
406

|

3,276

2,577

8,151
3,793

59,029

]

4,281

4.411

15,783

19,596 130,635

i

5,371

10,019

37,570

752

'

Total, all

3,096
2,803

10,256
6,491
1,462
4,942

8,066

Cincinnati, O....

340

926
519
32
445
107

1,561

..

Receipts Shipm’ts Stock

Stock.

Total, old ports.
..

Cotton,

Week ending June

ending June 4, ’80.

©

June—Saturday, 11*30® 11*29; Tuesday, 11*29®
11*32.

exch. 1,000 Nov. for Sept.
exch. 200 Sept, for Aug.
exch. 500 June for July.
exch. 100 Sept, for July.
exch. 1,500 July for Aug.

for the
following

corresponding week of 1879—is set out in detail in the

Wednesday, 11*40; Thursday, 11*45; Friday, 11*55.

Short notices for
11*30; Wednesday,

receipts

year’s figures estimated.

-

j

13
88

501
350

THE

1880.]

Jonh 5,

60S

CHRONICLE.

The thermometer has averaged 72 and hae
ranged
from
59
to
89.
There has been sufficient rain for the
ceased during the week 6,505 bales, and are to-night 49,819 bales
present in all sections of the State, and crops were never in a
more than at the same period last year. • The receipts at the same
more favorable condition than at present.
During the month of
towns have been 471 bales more than the same week last year.
May the thermometer averaged 73, the highest being 89 and the
Receipts from the Plantations.—The following table is lowest 44, and the rainfall reached two inches and twenty-four
prepared for the purpose of indicating the actual movement each hundredths, rain having fallen on eight days.
week from the plantations. Receipts at the outports are some¬
Nashville, Tennessee.—Rain has fallen on five days during the
times misleading, as they are made up more largely one year week to a depth of two inches and forty-one hundredths.
The
than another, at the expense of the interior stocks.
We reach, thermometer lias averaged 72 with an extreme range of from 53
therefore, a safer conclusion through a comparative statement to 87.
like the following. In reply to frequent inquiries we will add
Memphis, Temiessee.—lt has rained the past week on five day%
that these figures, of course, do not include overland receipts or the rainfall reaching one inch and thirty-four hundredths.
The
Southern consumption; they are simply a statement of the days have been warm but the nights have been cold. We are
weekly movement from the plantations, of that part of the crop having too much rain, as it checks cultivation. The grass is
which finally reaches the market through the out-ports.
troublesome yet the plant is superior.
Average thermometer 77,
RECEIPTS FROM PLANTATIONS.
highest 90 and lowest 69.
The portion of our dispatch last week which we could not
Week
Receipts at the Ports. Stock at Inter’r Ports Rec’ptsfrom Plant’ns
understand read as follows : Weather still threatening; there
ending—
1880.
1878.
1879.
1880.
1879.
1878.
1880.
1879.
1878.
has been too much rain ; it checks cultivation.
To date, how¬
52,740 42,396 40,062 ever, the condition has seldom been equaled.
75,723 60,202 49,611 146,053 141,612 281,047
Mar. 19
38,492
65.470 60,698 53,419 131,795 131,463 200,120 50,012 50,549
Mobile, Alabama.—It has been showery three days, the rain¬
20
The above totals

show that the old interior stocks have

de¬

sixteen hundredths.

.

at

Apr.

2

at

9

at

1*

a*

23

at

30

25,661

05,770

28

19,732
18,220

24,630
20,514
17,113 23,764

56.433

4

12.380

11.089

24,252

7

Mar
>1

14

20,097

•a

21

M

Jane

48,082
252,495 40,033
238,550 20,302
220,938 32,019
204,154 17,004
71,546 180,658 14,472
59.349 170,157 10,760
9,004
51,429 161,455

54,233 47,393 119,991 110,879
44,S51 37,323 108,033 107,005
39.016 40,187 38,910 95,979 91.900
33,856 36.183 30,714 89,142 87,294
31,196 22,283 39,858 75,550^ 78,902

59,886
51,391

19,031
19,897

10.073

23.074

40,305
39,025
1'4 174

The above statement shows—
1. That the total receipts from

259,223

39,099 40,496
34,977 30,595
27,148 24,971
31,511 19,094
13,951 14,070
8,165
11,015
7,000 14,135
8,853 11.812

42.198 143,241

10,940

7,882

130 635

7.509

0,401

37,570

fall reaching twenty-one hundredths of an inch, but the rest of
the week has been pleasant.
Crop accounts are less favorable.
We are having too much rain, as weeds are becoming very
troublesome, although no serious damage has yet been done.

5,550
11,066

the plantations since Sept. 1 iD

1879-80 were 4,885,450 bales; in 1878-79 were 4,4T2,728 bales; in
1877-78 were 4,226,150 bales.
2. That although the receipts at the out ports the past week
were

23,674 bales, the actual movement

from plantations was

onlyTl,068 bales, the balance being drawn from stocks at the
interior ports.
Last year the receipts from the plantations for the
same week were 6,46 L bales, and for 1878 they were 7,509 bales.
Weather Reports by Telegraph.—Some points are com¬

of too much rain; but in general the past week has
favorable and the reports are very satisfactory.
Galveston, Texas.—The weather during the week has been
warm and dry, the
thermometer ranging from 78 to 90, and
averaging 83. The crop is developing promisingly throughout
the State.
The fruit crop is almost a failure every where, except
on the extreme northern border.
The rainfall for the month of
May is three inches and forty-nine hundredths.
Indianola, Texas.—There has been no rainfall at this point
during the week. The thermometer has averaged 85, the highest
being 92 and the lowest 77. All crops good, but there are still
rumors of caterpillars.
During the month of May there was a
rainfall here of three inches and sixty-six hundredths.
Corsicana, Texas.—It has rained splendidly on four days of the
week, the rainfall reaching one inch and forty-three hundredths,
proving very beneficial, but interrupting small-grain harvest.
Crops vigorous. Average thermometer 79, highest 97 and lowest
65. The rainfall for May is two inches and forty-two hundredths.
Dallas, Texas.—We have had showers on two days, the rainfall
reaching thirty-five hundredths of an inch. The thermometer
has ranged from 65 to 97, a reraging 79.
The wheat harvest is
nearly finished. All other crops extremely favorable. During
the past month we had a rainfall of two inches and fifty hun¬
dredths.
On Saturday last the town of Savoy in Fannin County,
sixty miles north of this place, was destroyed by a cyclone, and
many lives were lost.
The local damage was very great, but
fortunately the hurricane was only a few hundred yards wide.
Brenham, Texas.—It has rained tremendously on four days
the past week, the rainfall reaching four inches.
We are hav¬
ing too much rain, and, although no great injury has yet be'n
done, dry weather is wanted. Weeds are becoming very trouble¬
some, but with this exception corn and cotton are very promis¬
ing. The fruit crop is a failure.
Average thermometer 85,
highest 95 and lowest 78. During the month of May the rainfall
aggregated eight and fifty hundredths inches.
New Orleans, Louisiana.—There has been rain during the past
week on four days, the rainfall reaching eiglity-nine hundredths
of an inch.
The thermometer has averaged 81.
J he rainfall
for the past mo ,th is six and fifty-eight hundredths inches.
.■Shreveport, Louisiana.—The weather during the week has been
generally fair. Rain fell the earlier portion of the week to a
depth of sixty-eight hundredths of an inch. The thermometer
has ranged from 70 to 91, averaging 80.
Vicksburg, Mississippi.—During the earlier part of the past
week it rained on three days, but the latter portion lias been
plaining

now

been very

clear and

Average thermometer
fall for the

80, highest 90 and lowest 72. The rain¬
and fifty-three hundredths

month of May is five

inches.

Montgomery, Alabama.—It

has rained severely on four days

five hun¬

the past week, the rainfall reaching two inches and
dredths.
We are having too much rain, and weeds are growing
so
fast that they are becoming very troublesome.
Labori. •
insufficient for acreage planted, and complaints are general. Th
thermometer has averaged 78, the highest being 90 and the low¬
est 6/.
Th ere has been a rainfall during the month of May of
seven

inches and seven hundredths.

Selma, Alabama.—We had rain at this point on the first four
days of the week, but the weather during the latter portion
has been clear and pleasant.
We are having too much rain.
Crop accounts are less favorable.
Madison, Florida.—Rain has fallen during the past week on
five days.
The thermometer has averaged 70, the highest being
87 and the lowest 51.
The crop is developing finely, andktlie
fields are being cleared of weeds.
v
Macon, Georgia.—There has been rain at this point on one day,
but the balance of the week has been warm and dry.
The ther¬
mometer has ranged from 70 to 86, averaging 77.
The rainfall
for the month of May is three and twenty-two hundredths
inches.

*

..

.

have had rain during the week on
one day, the rainfall reaching forty-four hundredths of an inch.
W eeds are growing so fast that they are becoming troublesome.
Average thermometer 81, highest 90 and lowest 72. During the
month of May the rainfall reached eleven inches and eighty-four
Columbus, Georgia.—We

hundredths.
Savannah,

Georgia.—It has rained on four days, the rainfall
reaching fourteen hundredths of an inch, but the balance of the
week has been pleasant.
The thermometer has ranged from
64 to 91, averaging 79.

Georgia.—Two days of the pa«t week have been
reaching two hundredths of an inch; but
the balance has been pleasant.
The weather has been favorable
for crops.
'1 he fields are clear of weeds, the cotton plant looks
strong and healthy, and accounts are very good. Average ther¬
mometer 76* highest 90 and lowest 63.
During the month of
May the rainfall reached two inches and ninety-eight hun¬
Augusta,

showery, the rainfall

dredths.
Charleston, South
one
one

Carolina.—We have had heavy showers on
day the past week, the rainfall reaching one inch and sixtyhundredths. Average thermometer 78, highest 89 and

lowest 62.
'1 he following

statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
June 3, 1880, and June 5, 1879.!
.Below high-watermark..
.Above low-water mark...
.Above low-water mark...
.Abovelow-water mark...
Above low-water mark...

June 3, ’80.
Feet. Inch.
5
7
11
15
10
5
5
9

23

3

June 5, '79.
Feet* Inch.
10
10
3
13
34

4
10
3
2
9

reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
New Orleans

April 15 and 16, 1874, which is 6-10ths of a foot above
16 feet above low-water mark at that point.
Gunny Bags, Bagging, Etc.—Bagging has not changed, and
scarcely any demand is reported, the market being very quiet.

mark of

1871,

or

disposed to force goods, and will not accept any¬
and are quoting 10%c. for 1% lbs.,
for standard qualities. Batts have
been taken to a moderate extent to arrive, and 2,000 bales are
reported at 3%@3%c.; but we do not hear of any sales on the
spot. The market is very firm, and paper grades are quoted at
3 5-16@>3/£c., while for bagging qualities 3%#3%c. are the
Dealers

are

not

thing under full figures,
10%e. for 2 lbs. and 11 ^c.

pleasant
Mississippi.—It has rained during the week on four quotations.
days, the rainfall reaching one inch and sixty-eight hundredths.
Comparative Port Receipts and Daily Crop Movement.—
The thermometer has averaged 79, the highest being 82 and the
A
comparison of the port movement by weeks is not accurate,
lowest 76. The rainfall for the month of May is turee inches and
as the weeks in different years do not end on the same day of the
twenty-two hundredths. Much damage is feared if the rain
month.
We have consequently added to our other standing
continues.
tables
a
daily
and monthly statement, that the reader may conLittle Bock, Arkansas.—Four days of the phst week have been
cloudy, with rain on three days, the rainfall reaching one inch and staidly have before him the data
Columbus,

for seeing the exact relative

i




month

The movement each

for the years named.
since Sept. 1 has been as follows:
movement

CALCUTTA, MADRAS, TUTICORIN,

Receipts.

Beginning September 1.

333,643
888,492
942,272
956,464
647,140
447,918
264,913
159,025

Sept’mb’r
October..
Novemb’r

December

January

.

February.
March...

April..
May

..

288,848

96,491

689,264

578,533

779,237

822,493
900,119
689,610
472,054
340,525
197,965
96,314

893,664
618,727
566,824
303,955
167,459
84,299

110,006

1874.

1875.

1876.

1877.

1878.

1879.

134,376
536,968

169,077

236,868
675,260
901,392

610,316
740,116

676,295

759,036

821,177
637,067
479,801
300,128
163,593
92,600

787,769

500,680
449,686
182,937
100,194
68,939

444,052
383,324
251,433

133,598

1880
1879
1878
1877

This statement shows that up to May 31 the receipts at the
ports this year were 353,59G bales more" than in 1878-79 and
552,769 bales more than at the same time in 1877-78.
By adding
to the totals to
May 31 the daily receipts since that time
we shall be able to reach an exact comparison of the move¬

different years.
1875-76.

1874-75.

“
44

3....

44

4....

“

5....

44

6....

44

7....

“

9....

8.

44

10....
11....

44

12...

7,180
2,430
4,197

44

13....

3,573

14....

44

15....

44

16....

44

17....

44
44

19....

44

20....

44

21....

4,354

8.

3,936
2,726
2,439
2,621
1,953

5,164

5,213
4,137
2,435
1,794
3,575
2,489

8.

8.

4,324
3,390

3,161
1.771

4,167
2,644
2,075
2,895
3,634
1,304

3,619
3,232
2,607
2,703

4,303

2,718
8.

8.

4.074

8.

4,140

4,097
,

8.

2,925

4.211

6,630
3,368
5,058
2,612
5,096
2,781

'

3,851
4,257
4,886

3,993

8.

3,561
1,675
4,512
2,032

4,062

S.

2,890
3,150

18...

2,032

S.

4,366

44

44

2,455

4,642
4,633
4,690
4,017
4,232

8....

44

6,454

8.

2,013

4,145
2,707
7,161

2,575

3,391

2....

2.759

\

1,541
1,484
2,733

2,696

2,927

2,915

2,756

2,129

894

5,149

1,843
2,385
1,171

44

22....

4‘

23....

44

24....

5,911

44

25....

44

26....

44

27....

1,999
4,913
2,643

3,913
3,239

4 072

44

28....

5,514

2.018

2,800

2,592

1.907
3.233

3,192
2.553

1,503
1,791
1,930

2,556

2,545

1,504

44

29

44

30....

44

31

8.

...

8.

6,339

...

Tot. My 31 4,748,873
2 694
Juuel....
44

2....

3,731

44

3

3,24
4,569

44

...

4....

8.

3,058
S.

8.

2,501

3,097
3,551
4,906
3,098
4,761
4,694

8.

7,347
5,874

2,882

3,415

3,683
4,465
8.

2.651

1,584
3,429
3,154

8.

4,062
1,999
1,552

8.
-

2,385
3,484
2,166

j
2,002

2,269

2,041!

2.359

8.

1,962

1,254

2,084
1,578

8.

2,821

2,396

1,986

1.351

8.

1.875
8.

2,258

2,784
2,361
2,003
2,562

t 1,763,116 4.393,209 4,203,128 3,909,151 4,019,499 3,411,072

Total

i

Percentage of total
p'rtrsc’Dts June 4..

9*-«9

1

96*72

96-81

95-90

97-54

are now 331,9)7 biles more than they were to the same
day of the month in 1379 and 559,933 bales more than they
were to the same day of the month in 1873.
We add to the last
table the percentages of total port receipts which had been
received to Jane 4 in each of the years named.

to-night

India Cotton Movement from all Ports.—The figures
which are now collected for us, and forwarded by cable each

Friday, of the shipments from Calcutta, Madras, Tuticorin. Carwar, Ac., 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 th
Bombay statement for the wee* and year, bringing ,the figure e

*

down to June 3.

,

164,000
114,000
15,000
62,000

This

from—

week.

Since
Jan. 1.

69,000
16,000

674,000

9,000

224,000

85,000

898.000

Bombay
All other

p’rts.

Total

,

8rit’n.; nent.

Great 1 Conti-

Britain.;

nent.

Total.

8

Receipts.
This
Week.

Since
Jan. 1.

This
week.

Jan. 1.

15,000

427,000
188,000

40,000
1,000

594,000
53,000

24,000

615,000

41,000

647,000

This
week.

.

1878^9.000 10,01X1 40.000 26 '.0oo.334.000

1877.11 .OOO 15,000 29.000 315.00 >1352.000

674,000
427,000
594.000
667,000

49,000
35.000

36,000
31,00o

to date, at all India ports.

Shipments.—Through arrange¬
have made with Messrs. Davies, Benachi A Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt.
The following
ments we

La* beep




85

fallow s.

the

receipts and shipments the past week and for
sponding weeks of the previous two years.
are

the

Receipts (cantars*)—

This week....
Since Sept. 1
'

286,000

168,OOo!

1,000

244,5001

76,5001

250 457,994

Total Europe.:

2,557,000

This
week.

1,000

250 171,994

To Continent

-

Since
This
week. Sept. 1.

Since
This
week. 8ept. 1.

Exports (bales)—
To Liverpool

A cantar is

1,000
1,584,000

3,2oi',6oo

corre¬

1878.

1879.

1880.

Since

Sept. 1.

1,000 233,000
166,000
1,000 399,000

98 lbs.

the receipts for the week ending
cantars and the shipments to all Europe

This statement shows that

May 27 were
were

....

250 bales.

Manchester Market.—Our report received from Manchester
June 4 states that the market is fairly steady, with prices un¬

changed, and

a

We give the prices of to-day

fair business doing.

comparison.

below, and leave previous weeks’ prices for

1878-79.

1879-80.
32s Cop.

8*4 lbs.

Cott’n
Mid.

Twist.

Shirtings.

Uplds

s.
d.
d. 8. d.
2 11
-S/llb? 7 4*238
April
a
9 10*23/11^7 4 3-8
ft
7
1*238
16 10*23/11
a
23 1038®10^ 7 0 3-3
u
30 10*63-10% 6 10*23-7
7
10*2 6 9 ®7
May
l
14 9*2310*4 6 7 *23 /
it
21
9*23-10*4 6 9 -37
if
7*237
28 9*2310*4 6
7*237
4 9*23-10*4 6
June

32s

8*4 lbs.

Cott’n
Mid.

Shirtings.

Uplda

Cop.

Twist.
d.

d.
7*4
7*4

d.
3
2
0

d.

s.

8*43836 5

8.
d.
6 ®7
6 ®7

0
"

9

7*2
9

7*2
7*2

<L

d.
6

5
7*2
8*239*s 5 7*22-7 9
0*51<« 8*5639*4 5 7*237 9
61316 87639*2 5 9 37 10*2
5 10*237 10*2
9 39
678
6-116 930310 6 1*238 1*2
6*%e 9382-10 5 10*237 10*2
0nI6 9*639% 5 10*237 10*2'
28
9*439% 6
65s

83639

7

10*2

•

6*6
630
6%
6*2

67e
7*u
73,4

6»1«
7

The Exports op Cotton from New York this week snow an
increase, as compared with last week, the total reaching 21,934

20,095 bales last week. Below we give our usual
showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direccioa since Kept. 1, 1879, and in the last column the total
for the same period of the previous year.
Exports of Cotton (bales) from New York since 8ept. 1,1879.
table

!

Week ending—

Exported to—

May

May

May

June

12.

19.

26.

2,

j Same

Total to;
date,

period

jprevi’us
year.

Liverpool
%
Otlier British ports

17,139 14,057 10,853 16.180 380,882 225,513
4,812
7,474 2,097 2,465 3,305 | 28,100

Total to Great Britain

24,013 16,154 13.318 19,485 408,982 230,325
•

Havre

651

7001

651

700

300

378

23,429

12,035
100

300

378

23,429

12,135

1,300: 1,796
!
201
1,107 4,105

537

33,124
18,975
13,291

13,848

6,102

537

05,390

18,885

375

1,534

1,909
3,406

5,610

375

1,534

5,315

5,610

Other French ports

i

Bremen and Hanover

....

Hamburg
Other ports

901,000
653,000
729,000
912,000

Total to North. Europe

According to the foregoing, Bombay appears to show an imreaxe
compared with last year in the week’s receipts of 14,000 bales and
an i a create in shipments of 60.000 bales, and the shipments tince
January 1 show an increase of 747,000 bales. The movement at
Calcutta*, Madras, Tuticorin, Car war, Ac., for the same week and
jears

Since

This last statement affords a very interesting comparison of the
total movement for the week ending June 3, and for the three

Since
Jan. 1.

J

1580,27,000 42.000 69,000 291.000 353,000
1673< 3,000; 6,000 9,000 180.000 241,000

1878.

1879.

1880.

Shipments
to all Europe

Total French

SbipuiHnts since Jan. 1.

224,000
188,000
53,000
94,000

INDIA.

EXPORTS TO EUROPE FROM ALL

BOMBAY" RECEIPTS AND SHIPMENTS FOR FOUR TEARS.

j?hipiueut* tbifc +'***■ <
Year] Great | ContiTotal.

60,000
71,000
38,000
32,000

bale3, against

that the receipts since Sept. 1 up to

This statement shows

16,000
15,000
1,000
2,000

Total.

follows.

as

1,575
2,249

4,392,277] 1,196,104 3,903,725 4,013,875 3,400,862
8.

Great
Britain.

this week show that the movement from
other than Bombay is 1,000 bales more than same week
of last year.
For the whole of India, therefore, the total
shipments this week and since January 1, 1880, and for the
corresponding weeks and periods of the two previous years, are

*

3,654
2,130

8.

4,394
2,427
3,856
2,779
2,235
1,519

1,000

June 3.

5,161
2,945
3,37 L

2,039
3,841
1,775

i.ooo

Conti¬
nent.

Total.

The above totals for

8.

2,902

8,000
5,000

Alexandria, Egypt,

2,484
4,642
3,478
3,594

6,1.89
2,786

8,000
10,000

2.534

2,275

8.

nent.

2,117
2,948

8.

7,008

Conti¬

Alexandria Receipts and

Tot.Ap.30 4,638,867 4,307,978 4,099,790 3,834,786 3,921,275 3,319.082
May 1....

Great

Britain.

1.000

years up
1876-77.

1877-78.

1878-79.

1879-80.

Shipments since January 1.

the ports

81,780

3,400,862
TotMy.31 4,748,873 1,392,277 4,196,101 3,903,725 4,013,375
Perc’tage of tot. port
97 25
95-77
9667
9655
93-73
receipts May 31...

ment for the

CARWAR, RANGOON AND KURRACHBE.

Shipments this week.
Year.

Year

fV0L. XXX.

CHRONICLE

THE

604

1,693
.1,292
3,910

6,895

2,467

Spain, Op’rto, Gibralt’r,AcAll other

Total Spain, Ac
Grand Total

32.159 19.321 20.095 21.934 503.116 266.955

Cotton at New York,
the past week, and since

The Following are the Receipts of

Boston, Philadelphia and Baltimore fo

September 1, 1879'

2,202
2,835

June 5,

THE CHRONICLE

1880.]
Boston.

New York.

Receipts

Since

This
This | Since
week, Sept. 1. week.

from—

j

N. Orl’ans
Texas....

5,001 176.452

Savannah

509 177,278

Sept. 1.
23,515
2,969
37,139

104,526

Mobile...
Florida..

S.Car’lina
N.Car’lina

1,5 3 i

5,650
107,334

121

41.186

213

North, pts
Tenn.. Ac.

Foreign..

*

9,862

This year.

This
week.

Sept.l.
5,279

””67 15,343 "515 03,153

Saturday Mouday. Tuesday. Wednes. Thursd’y

Market,
12:30 r.M.

’"

‘

65

31

4 53,470
267 141,850
754 142,966

*250

11,740

20

10,467

364

75,305
462

389

00,788

15,000

456

1,149 176,187

84,050

\
J

Mid. Upl’ds
Mid. Orl’us.

Market.

)

5 I*. 31.

J

Easl’r, but
notquotubly lower.

01*10

Bales

......

861,684! 7.698!340,557 1,959 85,613 1,640 159,756
*1,017,273.
Shipping News.—The exports of cotton from tlie United
States the past week, as per Latest mail returns, have reached
01,787 bales. So far as the Southern ports are concerned, these

Last year. 10,843

Do

The tone of the Liverpool market for spots and futures each day of the
week ending June 4, and the daily closing prices of spot cotton, have
been as follows:

Spot.

2.575

1,238 403,266

1

This
Since
week. Sept. 1.

Since

i‘,290

960 199,880
6,059
702 191,416
138
4.492

Virginia..

Baltimore.

Philadelphia.

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

605

4,000

Spec.A

500

exp.

Dull

Total bales.

NEW York—To Liverpool, per

brig Mira, 1,016
Norfolk—To Liverpool, per ship Union, 3,541

Per brig

Ahto, 2,341
Baltimore—To Liverpool, per steamer Caribbean,
To Bremen, per steamer Braunschweig, 751
Boston—To Liverpool, per steamers Victoria, 508

1,200

Persian,
Malta, 500..

Minnesota, 260
Philadelphia—To Llveimoo), per steamers British Crown
Marathon, 623

1,997

058

6»8

6«h

6**10

6**10

6*ll0

6,000
1,000

8,000
1,500

form,

Cork

Market,

(

{

5 I*. M.

Steady.

pool.

(f. o.)
3,305

New York... 16,180
N. Orleans... 14,801
Mobile
3,607
Charleston.. 3,312
Savannah
Texas
1,412
Norfolk
5,882
Baltimore... 1,200
Boston
3,888

Havre,
378

we

give

1,534

....

1,016

2,304

378

Saturday.

July-Aug

3,888

o*782®>0lC Oct.-Nov
June-July.. .6i73JJ^y16 Nov.-Dee
Dec.-Juu
July-Aug
6#i0
Aug.-Bept
;...0*#;j 2 June-July
6V@17 32
Sept.-Oct

....

....

....

2,428

5,882
1,951
3,888
1,834

1,300

Havre, steam
sail

c.
c.

*

4.

steam, x.
Sail

C.

716®1532

!2

394

61,787

rockets, but

sail..

Amst’d’m,
Do

x.

steam, c.
sail...c.

Baltic, steam
sail

O

71 ft® *2
#10

710^ *2
*1 e

'

j

h

H2

\

*

932

932

we have the
Btatement of the week’s sales, stocks, &c.f at that port:

Bales of the week

bales.

14.

Forwarded

39.500
15,000

Bales American

31,000

Of which exporters - -ok ....
Of which speculatorrtook..
Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American.........

Actual export
Amount afloat

Of which American




5,000
1,990
696,000

486,000
34.500

27.500
10,500
/ 1*401,000

May 21.
33,500

932

following

May 28.

6 *#32
6°«
6*4
6:,i0

W732
.0#1O

Bept.-Oct

6**16
6 *#32
6*2

Oct.-Nov

6*4

.6*2
0*4

Nov.-Dee

ns™

Bept.-Oct

6**32
6Gaa

■

61 #32 Bept.-Oct
June-July
6°8

Delivery.
July-Aug
Aug.-Bept

6 * #32

■

Thursday.

June-July
July-Aug
Aug.-Bept

Delivery.

Delivery.

Delivery.
Juno

6#i(j
e#1G

6#i«
6* #32

Bept.-Oct
Oct.-Nov
NOV.-DCC

Aug.-Bept

6r>32/S':**6
G#i6

Jan.-Feb

Friday.

0*#32

Delivery.
Aug.-Bept
6ss^*#32
Sept.-Oct..
6'*632
Nov.-Dcc

6:*ic

Delivery.
Oct.-Nov

0*4

Dec.-Jan
Jau.-Feb

6832

6Gaa

35.500
16,000

46,000

3,900

0.200

390,000

378,000

219.000

213.000

211.000

3,100

1,98C
737,000
490,000
82,OOC
37,000
.

BEEADSTUPPS.
Friday, p. M.. Juue 4, 1880.

27.500
3,800
1,600
767,000
514,000
82,000
56,000

The flour market has

been steadier for the extreme low

grades, the supplies of which had been somewhat reduced by
the free takings of last week. The medium and better grades
have, however, ruled barely steady, and general trade has been
dull. The inspection seems to be quite uncertain, and there is
a wide difference between corresponding grades from spring
and winter wheats, in favor of the latter, except in very choice
qualities. To-day the market was without essential change.
The wheat market, relieved from the influence of the specu¬
lative “corner” on May contracts for No. 2 red Western, has
become more regular, with prices, however, showing a slight
depression, especially for spots, and June contracts. Last evening
No. 2 red winter closed at $1 29
on the spot, $1 26 for June,
$1 16 for July and $1 12 for August; No. 1 white $1 26 on the
spot and •151 23 for June; and No. 2 Milwaukee, 151 19 on the
spot and $1 16 for June. Reports continue to be received of
injury to winter (printed Western in our last) wheat, but they
are
probably of little consequence. To-day there was an
advance of %c. on the above prices, and a strong closing.
Indian corn has varied but slightly, ruling about steady, with
current supplies comparatively small. Grades other than.mixed
sell at comparatively high prices, being scarce. There are re¬
ports that in some sections of the West the planting season had
not been a good one, and it is certain that the temperature la
Receipts at the Wesfc
now much too cold for the young plant.
are now not so much in excess of last season as they have been

spots were steady
51@51&c. for Jane
50<gi50%c. for July. After ’Change No. 2 mixed advanced

and the ^demand continues good. To-day
and futures dearer, No. 2 mixed selling at

and
June 4.

14.500
33.500
6,800
1,900
776,000
527,000
08,000
55,000
0,700
392,000

8,500
27,000

'

209.000

*2

ll323'3Sjli32®38

Liverpool.—By cabie from Liverpool,
if ay

Fri.

316"3» J4
832®8lfl
910
716'3' *2
J2^#i0

h

**32^#S
932

d.
c.

Tliurs.

3i«3>14
B32®S16
#10
710'S'12
1«3'#|0
710'3'I»32 71«®*&32
123>#i6 j2'3#16
7ie^12 7103*2 716'3*2
9ie
910
9I0

F—1

Hamburg, steam.d. *2&#16
Do

Wednes.

Tues.

3ie*x4 3103>J4
632®3ie 532®316
910
9ie
710'3'12 7j0'&12
*2 34*16
71 6^l532 7I0^'*°32

•

Delivery.
0’*10^'782 July-Aug
Aug.-Bept
6b32
Oct.-Nov
6&*}2
6IW32 Nov.-Dec

Wednesday.

Delivery.

300

freights the past week have been as follows:

•

Whe
6*3
0°32

Delivery.

Delivery.
June

21,934
394 15,255
4,907
3,312

Paul’s several vessels reported signals of distress and
it was too thick to make out the names of the vessels.

•*16^*4
&32^3ie
9ie
7ieS'12

07aa

Tuesday.

1,200
751

cotton.

Li verx>ool, steam d.
Do
sail ...d.

.

June-July

Aug.-Bept

Capt. Bokmer, of bark Alice, at Quebec, reported that when in midocean, about the end of April, picked up ten barrels of coal oil and a
few bales of cotton. A large quantity was picked up by several
Norwegian vessels who were In company at the time. When off 8t.

Do

May-Juue

5,882

received to date of disasters to vessels

Mon.

d.
6*2

Delivery.

6H>32/ia>0lc July-Aug
OWio^*7:^ Aug.-Bept
0*2
Sept.-Oct
61732 Sept.-Oct
617;i2 Nov.-Dcc
0*7h2 Junc-July...
6°j(j

June

reported: 13th, lat. 49, Ion. 16 30, passed two bale.'* of American

Do

May

0*#;*2

the sand for weeks.
Carrie Delap bark (Br.), Porter, from New Orleans, at Havre, May 26,

Bremen,

Delix cry.

Delivery.

June-July
July-Aug

Reform, bark (Nor.) Wreckers on May 22 recovered from bark Reform
(Nor.), before reported wrecked near Galveston, twenty-four bales
of cotton, some of them having very odd shapes. They had lain In

Batur.

week are given
Middling clause,

d.
Delivery.
Delivery.
d.
0#io
Sept.-Oct
May
0#io July-Aug
May-June
G# m Aug.-Sept. ..6i^32^0i(i Oct.-Nov
June-July. ..6#io01732

1,016

carrying cotton from United States ports, etc.:

Cotton

Steady.

Delivery.

Delivery.
Bept.-Oct
.0#io

1,930

news

8,000
1,000

unless otherwise stuted.

July-Aug

751

3,305

°

....

300

all

6%

Gcfle.Comnna.Genoa Total.

537

1,300

Total.... 52,272

^Steady.

—

The actual sales of futures at Liverpool for the same
below. These sales are on the basis of Uplands, Low

Delivery. '
6Sa'a/i#32
June-July
6i#32

Philadelphia 1,930
Below

Firm.

—

0®8

and

Bremen.

Wild

7,000
1,000

2,000

June..*

Barcelona

Liver-

10,000

and

steady,

*

June

follows:

are as

-

Quiet

un-

Futures.

61.787

Total

and

Cbunued.

Monday.

2,727
Bothnia, 380
Saragossa, 590.. .City of Brussels,
1,707....Wyoming, 3,102... .Egypt, 2,266....City of Ches¬
ter, 854
:
16,180
To Cork, for orders, per bark Delphin, 1,505
per bark
Texas, 1,800
3,305
To Havre, per steamer Pereire, 378
378
To Bremen, per steamer Donau, 537
537
To Barcelona, per bark Galilei Galiliel, 1.534
1,534
NEW Orleans—To Liverpool, per ship Iron Gross, 6,083
Lydia Bkoltield, 4,683
Per bark Beau Monde, 4,095
14,861
To Genoa, per bark Preeiosa, 394
394
Mobile—To Liverpool, per ship George Hurlbut, 3,607
-...
3,607
To Gefle, per bark Coneurrenton. 1,300
1,300
Charleston—To Liverpool, per ship Casilda, 3,250....Upland
and 62 Bea Island
3,312
Savannah—To Corunna, per bark Onni 300 Upland
300
Texas—To Liverpool, per bark Birins, 1,412
1,412
To Bremen, per

Quiet

Firm.

6lli0

Erin,

steamers Monarch, 4,494

and

steady.

0«H

are

night of this week.

Quiet.

utul

easier.

Friday.

to 52c. for J une.

Rye has sold in a small way at 95c. for prime.
were decidedly lower, following the settlement of

Oats

May

contracts, No. 2 graded declining to 40%@40%c. for mixed and
42<g42^c. for white ; but yesterday there was some recovery,
and to-day the market was ttrmer, with No. 2 graded quoted at
42c. for mixed and 43^c. for white. Futures quiet, but 40#c.
bid for No. 2 mixed for June.
The

following are closing quotations:

THE (CHRONICLE.

606
GRAIN.

FLOUR.

3
4
3 75® 4
4 10® 4
450® 6
4 75® 5
5 50® 6
6 25® 8
5 25® 5
4 50® 5

bbl. $2 50®
4 00®

No. 2
$
Winter superfine

Spring superfine
Spring wheat extras..

do XX and XXX...
Winter shipp’g extras.
do XX and XXX...
Patents
Western

‘-rye mix”...
City shipping extras.
Southern, bakers’ and
family brands
Soutli’n sliip’g extras.
Eye flour, superfine..
Corn meal—
Western, <fcc

5 65®

5 00®

4 70®
2 50®
3 10®

Brandywine, <fcc

(From the “ New

50
30
10
40
50
15
75
00
50
75

7 00
5 40
5 00
2 85
3 15

Wheat—
No. 3 spring, $ bu. $1
1
No. 2 spring
1
Amber winter
Red winter, No. 2 1
1
White
1
No. 1 white
...

Corn—West, mixed
West’n No. 2, new
West,
West,

yellow, new
white, new

Rye
Oats—Mixed
White

z

Barley—Canada W.
State, 4-rowed...
State, 2-rowed...

Ati—

(106 lbs.)

Chicago

37,397

49.916
392
3,481
2,173
28,704

Milwaukee
Toledo....
Detroit

Cleveland
8t. Louis
Peoria
Duluth

5,400
2,350

®
®
®
®

—

—

80

—

—

—

95

Yoi'lt Produce Exchange WeeklyP)

Wheat,
Corn,
bush.
bush.
(56
lbs.)
(60 lbs.)
605,931 ^1,022,780
164,000
296,190
395,143
309,167
3,174
250,581
31,950
15,400
392,730
348,510
337,320
14,800
177,796
2,300

129,813 1,842,909 5,524,893

Total

20
28
30
27
2()Lj®l 26 \
55
®
52
54 ®
54*2
®
56
58
56
®
58
93 ® 95
43
40 ®
42 ® 45
®1
®1
®1
®1

—

Peas—Can ’da ,b. &f.

Receipts of flour and grain at Western
for the week ending May .29, 1880 :
Flour,
bbls.

® 1 11

09
18
22
29
22

lake and river ports
Oats, Barley,
bush.
bush.

Rye,
bush.

(32 lbs.) [48 lbs.) (56 lbs.)

805,073
91,526
16,656

19,877
28,800
103,968
239,590

9,555
24,057

15,669
15,980
4,438
1,350
6,887
20,500

8,019

26,425

1,305,490 64.824 63,056

138.987 1,605,692 3,292,521 1,115,143 64,018 89,255
receipts at same ports from Jan. 1 to May 29, inclusive,
for four years:
1880.
1879.
1878.
1877.
Flour
.bbls.
2,359,196
2,703,181
2,485,18 4
1,750,401
Same time ’79.

[Vor. XIX,

grain, comprising the stocks in granary
of accumulation at lake and seaboard
ports, and in transit by lake, rail and canal, May 29, was as

The visible supply of
at the principal points

follows:

In Store at—
New York
Do. afloat (est.).

Wheat,
bush.
1,063.746

Buffalo
Chicago
Milwaukee
Duluth
Toledo
Detroit

81,500

61,800

263.72L
461,781
8,074

27,664

60,000

45,000
357,179

a.

5,000
199,235

125,800

70,493
55,000
57,000
1.900
52,010
22,800

83

361

■

3,673
10,000

8,500

2,100

24,274

307
83

392
361

38,173

2,611

11,322

153,272
36,400
99,724

64

15,182

959,915
45,000

31,414

3,975,000
1,578,000

86,000

12,000

’80 20,394,104 15,784,336 2,730,496

487,244

365,594

19.608,499 13,146,399 2,128,556 614,086
20,357,948 12,092,164 2,024,787 636,787
21,241,555 11,747,740 2,063,791 908.854
'22,183,227 12,155,416 2,144,094 1,135,622
15,286,257 11,186,506 1,628,733 707,368

402,550
480,693

Montreal

Philadelphia

186,622
13,668

Peoria

25,000
115,784

Indianapolis
Kansas City

Total

7,460

37.144
34,000
20.700

74,066
41,934
27,664

311,580
28,755
304,989
99,369

May 22, ’80
May 15, ’80
May 8, ’80..
May 1, ’80
May 31, ’79

bush.

289,332
5,665,978

St. Louis
Boston
Toronto

451,766

84,133
2,136,000
2,600,000

Total May 29,

Barley,

1,009,321
7,733.721
2,630,600
133,621
304,989
361.640

438,000

Oswego

Baltimore
Oil rail
On lake
On canal

Oats,
bush.

289,555
256,000
31,000
9,591
485.228

800

Albany

Corn,
bush.
108.349
750,000
19.700

120,941
461,781
140,300
353,858
110,242
103,900
153,471
253,911
482,318

500

1,195

41,304

506,680

448,635
684,636

THE DRY GOODS TRADE.
Friday. P. M.. June 4, 1880.

During the past week there was a slight improvement in the
24,091,085
goods by jobbers and converters, but other¬
Wheat
bush. 18.845,690
37,313,225
34,504.490
Corn
57,825,442
the
in the same quiet condition reported
wise
market
remained
10,437,134
11,147,921
Oats
11,426.81 L
2,664,188
2,202,864
The
of
late.
most
Barley
2,327,244
important feature of the week’s business
1,722,533
1,300,909
Rye
952,475
was a brisk movement in printing cloths and a sharp rally in
Total grain....
78,112,524
46,486,389 prices of these goods, over 250,000 pieces having been sold here
91,377,662 73,247,269
Total receipts (crop movement) at the same ports from Aug. 1 and at the manufacturing centres at a material advance upon
to May 29, inclusive, for four years:
late quotations.
The demand for clothing woolens has been
1876-77.
1877-78.
1878-79,
1879-80.
25,925,439

7,064,051
29,241,480
7,144,660
2,209,743
826,455

5,257,578

4,401,092

demand for cotton

light and unimportant, but values

fairly maintained in the
69,401.680
declining market for the staple. Foreign goods were
80,189,851
.bush. 81,'>30.i 20
Wheat
72,402,841
74,574,885
102.327,072
Corn
very
quiet
in first hands, and will probably continue so until
18,190,450
22,893,691
27,107,733
25,810,245
Oats
8,275,393 importations for
9,143,048
9,244,610
10,194,123
the autumn trade are placed on the market
Barley....
2,681,004
3,699,355
4,257,252
3,904,463
Rye
The jobbing trade was spasmodic, and transactions were mostly
Total grain
223,496,023 195,374,331 177,554,615 133,798,264 restricted to filling orders from interior retailers, who are said
Comparative shipments of flour and grain from the same to be doing a very satisfactory business.
ports from Jan. 1 to May 29, inclusive, for four years:
Domestic Cotton Goods.—The export movement in domestics
Flour

..bbls.

4,706,021

5,452.737

35,457,036
68,191,381

face of

were

a

....

1880.

1879.-

1877.

1878.

a further increase, 3,439 packages having been
from
this port during the week ending June 1, includ6,537,674 shipped
22,963,760
20.311,259
Wheat
bush. 16,627,801
21,067,618
30,262,981
27,988,078
Corn
41,803,672
5,220,077 ng 2,007 to Madagascar, 930 to Great Britain, 126 to Brazil, 96.
0,148,230
8,000,065
Oats
8,797,092
1,750.967 to Mexico, 83 to Africa, .50 to Venezuela, &c.
1,465,655
There was a fair
1,892,759
Barley
1,500,753
564,317
1,359,714
1,137,557
Rye
814,783
demand for brown cottons by jobbers and converters, and
•Total grain
59,329,718 62,185,390 35,190,653 bleached and colored cottons (though by no means active) re¬
69,541,101
ceived more attention from package buyers than for some time
Rail and Lake shipments from same ports for last four weeks :
Rye,
Barley,
Week
Flour,
Wheat,
Corn,
Oats,
past. Prices of cotton goods were unsettled, and while quota¬
bush.
* bush.
bbls.
ending—
bush.
bush.
bush.
34,444
44,304 tions were nominally unchanged in many cases concessions were
May 29
125,969 1,804,004 3,305,287 1,002,431
51,597 47,280
May 22
120,572 1,614.696 2,793,761 718,770
67,048 38.447 freely offered, and several makes of wide sheetings, denims,
MaV 15
114,349 1,555.424 2,589,490 713,460
57,214 45,146 corset
125,902 1,282,300 2,536.455 656,966
May 8
jeans, &c., were openly reduced by agents, as were such
leading
makes of fine bleached shirtings as Wamsutta, New
4
6,256,424
'
Total, w’ks.486.792
3,091,627 210,303 175.177
4 weeks’79. .527.525 7,263,065 9,890,993 2,475,712
221,140 435,507 York Mills, &c.—the decline on the latter being one cent per
11,229,993.
yard. Print cloths were in active demand, and 64x64s advanced
Receipts of flour and grain at seaboard ports for the week from 4c. to 4%c. and 56x60.s from 3/£c. to 4c. Prints remained
ended May 29:
very quiet, but there was a fair movement in lawns, cretonnes,
Oats, Barley, Rye,
Flour,
Wheat,
Corn,
At-—
bbls.
bush.
bush.
bush.
bush. bush.
foulards, ginghams, &c., at unchanged prices.
New York
55,324
89,264 1,640,894 1,959,280 518,S12
Domestic Woolen Goods.—There has been very little change
Bostou
36.981
6,050 327,650 110,415 10,000
1,600
Portland
2,950
5,600
3,200
in the general condition of the woolen goods market. The
Montreal
12.083
1,213 15,313
93.832 310,552
2,883
Philadelphia
10.210 370,000 831,800 177,600
3.000 demand for clothing woolens in first hands wa3 exceedingly
3.200 light,
Baltimore
20.008 583,250 283,150 17,400
and transactions were chiefly confined to making farther
New Orleans
5,987
35,COO 147,333 10,275
deliveries on account of previous orders. Values were fairly
Total week
177,491 2,734,026 3.865.365 810,585 11,213 73,437
Cor. week ’79.... 171,300 1,875,791 3.394,947 489,545 24,669 162,797 maintained on the most desirable makes of cassimere.s, worsted
And from Jan. 1 to May 29, inclusive, for four years:
coatings, overcoatings, &c., but concessions were offered on
1830.
1879.
1878. '
1877.
fabrics not strictly in accordance with the prevailing taste.
bbls.
4,163,213
Hour
3,597,4S1
3,536,857
2,815,937
Kentucky jeans ruled quiet and steady, and there was only a
3,033,716
Wheat
bush. 25,104,030
34,186,545 30,018,307 35,136,575
limited demand for satinets, flannels and blankets. Carpets
47,344.730
Corn
54,505,635
46,563.976
6,583,496
7,457,628
were delivered in fair quantities, in execution of back orders,
Outs.'
8,974,480
8,096,311
1,232.708
2,266,147
Barley
1,574.888
1,414,036
Worsted dress
569,836 but current business was strictly moderate.
2,001,362
Rye..
674,275
1,583.247
goods were quiet, a3 a-rule, but there was a continued satisfac¬
Total grain
90.833.313
91,819,115 39.113.171 46.541,331
tory demand for plain and lace buntings, which have had a
Exports from United States seaboard ports and from Montreal
very successful season.
for week ending May 29:
Flour,
Wheat,
Corn,
Oats, Rye,
Peas,
Foreign Dry Goods were very quiet in first hands, but prices
bbls.
bush.
bush.
bush. bush.
From—
bush.
New York
3.029 82,740 25,242 of the most staple fabrics remain steady. Fine black silks and
75.348 1,324,590 1,264.262
176,799
400
8,010 ‘
Boston ...:
14,010
colored silks (in the most fashionable shades) met with moderate
Portland
103,855
372,353 146,860
107,052 sales; but low grade black, colored and fancy silks moved slowly.
Monlreal*
4,443
178,988
653,406
"
Phil: deluliin..
13.683
Dress goods ruled quiet with importers, but a fair distribution
425,335
179,365
20
Balt'more
10,916
of light summer textures was effected by leading jobbers. For
‘To al for w’k 118.465 2,045,778 2.6 05,185 150,309 82,740 132.294 linen and white goods, laces and embroideries, the demand
Barm time’79. 103.922 1,906,244 2,110,800 12,887 59,868 136,543
was almost wholly of a hand-to-mouth character and light
in the aggregate.
And 5,291 bushels barley.

Flour

bbls.

2,136,003

2,829.993

1,757,638

2,467,873

....

*

.

•

....

.

_

*




has shown

.

CIIrONJCLE,

THE

Jvke 5. 1880. j

Importations of JDrjr Goods.
The impoi tations of dry goods at this port for the week ending
Jane 3, 1880, and for the corresponding weeks of 1879 and
1878. have been as follows:
TUB WEEK ENDING JUNE

entered for consumption for

Value.

Pkgs.

Value.

Pkgs.

3, 1880.

1880.

1879.

1878.

Pkgs.

Value.

$

Manufactures of—

209
550
307

Wool
Cotton
Silk

2,465

Flax

1,027

Miscellaneous

263

93,244

159.130

760

202,143
139,861
31,863

571

209,325
303,212
182,125
75,065

1,076
598

862,971

3.268

601,776

4,558

Total

68,774

386
837
470
698
365

142,897
257,653
293,087
120,904

2,756

893,470

78,929

INTO THE MARKET DUR¬

WITHDRAWN FROM WAREHOUSE AND THROWN

ING THE SAME PERIOD.

Manufactures of—
Wool
Cotton
Silk
Flax

116
243
57
185
94

45,862
44,857
48,807
28,162
20,119

692

187,807

4,558

601,776

..v,..

Miscellaneous
Total

Sat’d for consumpt.
Total

on

35.807

206
467

46,108

1,999

70,663
41,761
23,392

2,546
3,268

228,327
862,971

901

166,017
893,470

59

2,756

ENTERED FOR WAUEHOU8E DURING SAME

2,539

3,657 1,059,487

5,814 1,091.298

789,583

5,250

market...

39,061
27,033
51,276

102
67

56,704

150
118
74
205

162
173
75
155

Wool
Cotton
Silk
Flax

61,922
43,198
60,272
32,850
58,090

2,061

Miscellaneous

2,626
4,553

Total
Bat’d for consumpt.

39,355
47,541
49,635
30,797

77

12,741

383
349
159
270
293

1,454
2,756

180,069
862,971

552

256,332
601,770

3,268

858,108

3,820 1,043,040

7,184

Total at the port...

118
136
49
172

128,991
84,118
107,319
64,350
26,291
411,069
893,470

4,210 1,304,539

House returns,

The following table, compiled from Custom
shows the foreign imports of leading articles at

this port since

January 1, 1880, and for the same period in 1879:

1879.

1880.

Metals, &c—
4,844 Lead, pigs.
16,673 Spelter, lbs

.—

China
Earth enw

6,671
21,877
323,898
16,840
3,224
6,370

.

aea

Glassware.
Glass plate.
Buttons

Coal, tons...
Cocoa, bags.
Coffee, bags.

=

Cotton,bales
Drugs, &o—
Bark, Peru.
Blea. powd.
Cochineal..
Gambler
.

.

Gum, Arab.

Indigo
Madder, <fec

Oil, Olive..

Opium
Soda, bi-eb.
Soda, sal...
Soda, ash..
..

..

Flax
Furs

Gunny eloth
Hair

Hemp, bales

308,076

732,538
13,721 Tin, boxes.
2,270 Tin slbs.,lbs 16,045,588
158,036
4,692 Paper Stock.
14.064 Sugar, hhds,
303,648
12,751
tcs., & bbls.
972,: 02 Sugar, boxes
and bags...
1,322,950
6,189

12.788
■i
19,830
1,083,332
3,186

Tea....

Wines
1,380 Wool, bales.

3,118

4,562
846

21,647

17,301

1,050
7,952

429

.

Hides,dr’sd
India rubber

Ivory
Jewelry ,AcJewelry...
Watches

.

.

Linseed
Molasses....

Metals, <fcc—
Cutlery.....
Hardware...

Reported bjj

28,190 Corks
27,730 Fancy goods
1,264 Fish
3,331! Fruits, &o.—

6.639
1,564

6,699

1,745
93.823
610

1,781

276

59,384
81,286
70,815

38,787
65,694
19,071

$

685,194

570,830

41,626
447,851

31,510
335,879

201,555

157,676
447,439

433,878
583,516

Hides, undr. 12,186,581

4,590,163

Oranges
N uts
Raisins

.

...

....

121,731

68,952

Cassia

95,379

189,766

Ginger....
Pepper....
275 Saltpetre...

57,388

75,499

314,884
215,046

265,343
166,394

283,718

229,754

..

24,396
348.632

Mahogany.

110.543

72,340
343,966
88,672

1,166

451

641

1,224,780
325,519
370,789

479

1,553

301,584

672,093

..

2,034 Rice...
22,799 Spices, &c.—

4,293
35,092
1,085

56,699

1,196,634

Lemons

500.

96,318

32.551

518,270
7,574,976

35,403

$

value.

7,615 Cigars

34,815
40,934
3,124

838,695

%

baskets..

2,574

4,368

839,878
377,328
26,371

437,362

....

19,565 Tobacco....
8,465 Waste
1,620 Wiues, &o.—
28,471 Champ’gne

14,926
10,943
2,374
59,333
3,577

Hides, &c.—
Bristles .1

Steel

32,973
4.029,990
256,050

Woods—
34,656 Cork

46,778

Fustic

Logwood

2,072

3,293

197

o50

.....

Exports of Provisions.
are the exports of provisions

following
from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland and New
Orleans, for week ending May 29, 1880, and their distribution :
The

To—

.

Pork,

Beef,

Lard,

Bacon,

Cheese,

bbls.

bbls.

lbs.

lbs.

lbs.

Tallow,
lbs.

London
....

Bristol

Newcastle

...

Cardiff

Rotterdam...
Bremen

Hamburg....

Autwerp
German ports
Havre
Spain

193

1,297

1,419

962
561
256

194
25
80
188
30
30
....

....

....

#

....

45

....

Italy

Brazil
Cent. Amer..

Mexico....
3o. Am. ports
Cuba..

Hayti

West Indies..
British Col...
’Other count’s

Total week..




6
125

157.750

698
157
60
.

3
82

48,600
229,700
9,514,906 3,044,810
235,500
671,457
2,378,457
554,500
552,425
25,200
473,300
27,960
162,375
355,750
15,875
1,900,670

65,750
3,795,740
13,980
384,078
124,695
56,850

728,156
210,400
1,232,900
216,000
450,600
12,000
64,000

i;?oo
464

573
480

1,163
1,134
1,076
9G6

7,727

432
193
50
614
92
93

5,550

180,162

719,400
19,700
102,014
3,390
4,330

55,000
22,000
149,040

169,000

1,600

243,420
623 740

640
786
705

65,184
.

198,400

23,750

1,638,434

*

.

8 699

16,714

2,542

198 842

3 087
992

29,474
32,950
31,106

20,679

2[29(>

*

816

3,065
33,732

§9,168

1,712,678

2,738

42,725

1,752,094

12,843,619

2,154,189
75,220
17,468,294

Flour, wheat
Corn meal
Wheat

Rye
Corn
Oats

25,456

479,531

839.005

1,460,050

17,165,599

13,613,123
3,936,672
1,591,036

86,689
21,423

120

8,331

8,639,243 18,230,606 ?,974.797 2,472,923

5,018,406
1,787,706
255,495
406,985
22,290
11,134

561,600

64,472

Barley and malt..
Peas
Cotton
Cotton seed oil
Flax seed
Grass seed
Hides
Hides

'

...bbls.

5,830
14,045
1,396
200
200

68,452
24,019

819
333

Leather
Lead
Molasses

..hhds.

150

1,604

748

6,783

33,018

10,709

144,723

370

9,950

75

16,441

1,096
309,152

100

2,309

25,868
118,058
12,643
1,176
217,006
9,150

1,926

47,989

56,930

9,850

71,103

333

17,030

18,275
30,654

793,590

130,529
20,027
817,513

--Pkgs.

68,113

340,534

15,317
13,508
4,632

313,690

tee. & bbls.

Turpentine, crude. ...bbls.

Turpentine, spirits
Rosin
Tar

..

bbls.

...bbls.
...bbls.

Pitch
Oil cake
Oil, lard

...bbte.

181

Peauuts
Provisions—
Pork

..pkgs.
..pkgs.

Beef

Cheese
Eggs
Lard
Lard
Rice

.

Stearine
...bbls.

Sugar

•

•

•

•

36

..pkgs.
boxes & cases.
..hhds.

Whiskey

1,843

•

•

•

•

500.799

67,367
40,674
34,322
24,356

448,541
246,006
402,870
25,728
49,869
19,852
46,202

8,871

15,721

71

1,015

7,241
49,756

28,149
52,207

66,245
23,183
145,045
29,836

71,636
25,064

4,027
1,350
7,354

146,490
19,331

3,998

Wool

~

288,627

695
765
903

.pkgs.

Spelter

•

463.695

No.

Hogs, dressed

Tobacco
Tobacco

75.379

80,235

Molasses

Sugar
Tallow

41,674

8,008

4

Naval Stores—

545

88,889
74,458
27,785
1,776,652
428,828
4,941

1,705,045

89,895
4,939

...pigs.

109,173
390,137
11,991
3,288
92,899

62,657

2,844

Articles of Domestic Produce.
following table, based upon Custom House returns, shows
the exports from New York of all leading articles of domestic
Exports of Leading

The

produce for the week ending with Tuesday last; also the exports
from the 1st of January, 1899, to the same day, and for the corWeek ending
June 1.

Beeswax

1
bush.

.bush
.hush.

Peas
Corn
Candles

pkgs.
ton-3.
bales.

Coal
Cotton
Domestics

pkgs.

bales.

Hay
Hops
Naval Stores—
Crude turpentine
Tar

Pitch
Oil cake
Oils—
Whale

Petroleum
Provisions—
Pork
Beef
Beef
Cutmeats
Butter

Cheese
Lard
Rice
Tallow

.

1880. •

1,

Same time
last year.

600

49,327

26,484

99,517

1,546,736

1,272,285

3,971
1,291,143

1,952
70,813

3,326
72,701

19,229,905

13,014,534

58,963

846,382

1,751,302

2,581

117,047
262,636
188,083

313,153

14,913,599

12,823,737

25,893
23,288

259,153

20,030
37,401
117,508

39,972

59,322

44,062
1,874

27,879
12,291

11,545
1,610,948
1,147
133

21,636
3,439
2,079
15

bbls
bbls.

750

100,808
170,136

100
3,909

bbls.
bbls
bbls.
cwt.

153
114

5,812
113,492
3,417
2,450

56,893

2,232,685

801,251

gals.

16,307

39,080
148,933

82,2G2
89,509
512,950

9,257

83,275
3,447
2.567

13,307

293,820

gals.
gals.

1,364
1,389,639

16,265

4,655

95,752,384

78,403,943

..bbls.
bbls.
tierces.
lbs.

4,427
1,918

104,360

9,182,987

lbs.
lbs.
lbs.

108,417
22,119
27,278
239,673,519
13,038,331
37,860,551

3,401,715

gals.

Lard
Linseed

Jan.

916
70

bales.

gals.

Sperm

|

627
110

34

Corn meal
Wheat

(Since

80
0

Breadstuff's—

Rosin

895,512

Same time
last year.

Breadstuff's—

Spirits turpentine

Liverpool
Glasgow

1,

1,928
22,818

Beaus

251,579

209,672

Since Jan.
1880.

82‘
440

...bbls.

Ashes

Butter

-

China, &<

Week ending
June I.

Cutmeats

otherwise specified. |

1879.

1880.

following table, based upon daily reports made to the
Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for exports),
also the receipts from January 1,1880, to that day, and for the
corresponding period in 1879:
The

New York Produce

Oil, whale

Imports of Leading Articles.

ITii*? quantity is given in packages wlieu not

Receipts of Leading Articles of Domestic Produce.

Hops

PERIOD.
A

Manufactures of—

607

bbls.
.lbs.

hhds.
Tobacco, leaf
Tobacco. ....bales and cases.
Tobacco,manufactured, lbs.
lbs.
Whalebone

646

348,013
1,161,540

24,535
28,910
265,015,601
7,989,246
21,350,394
126,914,383

123,303,974

558

7,566

8,044

1,959,035
1,063

34,626,018

33,095,645

753

19.105

21,037
10,951

75,817

2,810,524
45,861

3,122,482
24,224

••••••

27,t 18

THE CHRONICLE

608

EDWARD POMEROY, W. H. COX, JR., OSCAR B.

Smith,

AND

BANKER

BROKER,

No. 52 EXCHANGE PLACE, NEW YORK.

r

RAILROAD

BANKERS

SECURITIES

AND

BROKERS,

E.

S.
7

Bailey,

PINE

STREET.

Dealing

Insurance

STREET.

BROAD

37

No.

SPECIALTY.

Investors or Dealers wishing to buy or sell are
invited to communicate.
State, Municipal and

SMITH

Pomeroy, Cox & Smith,

(An intimate knowledge of all for the past 10 Years
A

Insurance.

Financial.

Financial.

Fred. H.

|Vol. XIX.

A

Stocks

SPECIALTY.

y

Railway Bends and Coupons bought and sold at best
Market Rates.

R. <T. Kimball & Co.,

Cash paid at once for the above Securities; or
they will be sold on commission, at seller’s option.

Jas. L. Anthony, Member N. Y. Stock Exchange.

BANKERS and BROKERS

The United States
Life Insurance Comp’y,
261-264 Broadway, N. Y.1

Henry W. Pook.

Jas. H. Oliphant, Member *N. Y. Mining Exch’ge

ANTHONY, POOR & OLIPHANT,
BANKERS AND BROKERS,
No. 19 Broad

Street, New York,
And 83 Devonshire Street, Boston.

.4

Exchange Co \rt% New York.

12 years

membership in N. Y. Stock Exchange.

Buy and Sell on Commission. for Cash, or o%
Margint Stocks, Bonds, and all Investment
Securities, in lots to suit.

Buy and Sell on Commission all Securities
Current at the New York Stock Exchange.
Allow Interest on deposits. Make advances
on Approved Collateral.

i.

WALCOTT

C.

&

B A.N K E R S

No.

42 Broad

Street,

dCCo.

Transact a General Banking Business, buy and sell
commission all securities dealt in at the New

RANKER S

either for cash

No.

18

he

a

Exchange Place,

STOCKS AND BONDS FOR CASH OR ON MAR¬

purchase and sale of STOCKS and BONDS for
or on margin.
P. O. BOX 2.047.

M. Kidder.

Wayland Trask.

The

Undersigned hold REGULAR AUCTION
Ai\ D

STOCKS

ADRIAN

Reuben Leland.

AND

BROKERS,

No. 52 EXCHANGE PLACE, NEW YORK.

Stocks, Railroad Bonds, Governments, and
Miscellaneous Securities, Bought and Sold

9IUIJER

II.

F.

Keleher &

BANKERS

No.

305

AND

BROKERS,

Olive

Co.,

Wm.

BANKER AND

Governments, Coin, A
Securities,

Investment

2 SOUTH STREET

BALTIMORE,

BROKER,

John B. Manning,
J

No.

BANKER

14

Wall

AND

chants, for duties.

of Mer¬

A

Co.,

Nos. 57 and 59 William Street.
INSURES AGAINST

MARINE, FIRE AND

INLAND

NAVIGATION

RISKS.

1, 1880

$810,804 75

All Risks Written at Reasonable Rates.

W. IRVING

HOME

Exchange.

George Eustis & Co.,

Insurance
OF
-

NEW

OFFICE, 119

,*

BROKERS,

-

COMES, President.
T>IE, Vice-Pres’t
KING, 'iicasurer

WAINWRIGHTH*
HENRY D.

Company
YORK,
BROADWAY.

—————

s

Fifty-Third Semi-annual Statement,
8HOWING THE

CONDITION OF THE COMPANY ON THE FIRST

CINCINNATI, OHIO.

Barrett,

Insurance.

DAY OF JANUARY, 1880.

CASH CAPITAL
Reserve for Re-insurance
Reserve for Unpaid Losses
Net Surplus

$3,000,000 00
1,841,438 00
248,764 81
1,320,785 30

BROKERS
T’ ii i:

200 Middle

Mutual Insurance

SPECIALTY

cate with us.
Member of the New York Ftock

Especial attention Is given to Investment Securities

AND

COMMERCIAL

State, Municipal and Railway Ponds and Coupons
bought and sold at best market rates. Investors or
dealers wishing to buy or sell are invited to communi¬

personal attention.

BANKERS

MARINE AND FIRE INSURANCE.

SECURITIES

of the higher grades, quotations for which are fur¬
nished as required.

Swan &

INC0NEXCEPTING

years.

application, send Circu¬
larsgiving full particulars.
Office or Middle Department, Boreel Building
No. 117 Broadway, N. Y., Henry W. Baldwin, Sup’f.

Street, New York City

SOUTHERN

Bonds and Securities of every description bought
and sold on Commission Orders, which have direct

Correspondence solicited.

three

CAUSE,

BROKER;

MD.

Purchsurs and sell Governments and Coin.
Gold constantly kept on hand for the supply

TE8T1BLE
FOR
ANY
FRAUD.
The Company will, upon

ASSETS Jan.

BANKERS,

Opposite Second St.

default.
The new form of Endowment Policy provides
That if the ENTIRE RESERVE is a greater sum
than the single premium required to carry the full
amount of insurance to the end of the endowment
term, the excess shall be used as a single premium
to purchase a pure endowment, payable at the end
of the term, thus guaranteeing to the policy-holder
In every event the full value of his Reserve.
NO SURRENDER of the Policy is required; only
a notice from the policy-holder, on blanks fur¬
nished by the Company.
AFTER THREE YEARS, ALL RESTRICTIONS
and CONDITIONS in regard to travel, residence,
occupation and cause of death are removed, thus

30 Broad St., New York.

Room 24.

Fisher & Sons,

And Dealers in

suring elsewhere.
After the premiums for three or more years hav
been paid, upon receiving the required notice from
the assured the Company will continue the Policy
in force without further payments, for its FULL
FACE, for such a period as the ENTIRE RESERVE
will carry it.
Should the d ath of the insured take place
during
the continued term of insurance as provided for
above, the full face of the Policy will be paid—no
deduction being made for foreborne or unpaid
premiums, excepting in the event of the deatt
occurring within three years after the origina’

GREENE,

Street,

specialty. Foreign exchange bougnt and sold

President.

SON,

wishing to buy or sell are invited to communicate
with us. Loans negotiated for bankers and brokers.

LOUIS, MO.,
Buy and sell Government, State, County. TownshlD
and Municipal Bonds. Coupons collected. Missouri
a

&

Southern, Western, Northern and Eastern Railway
Bonds and Stocks; also, State, Municipal and all
classes of reputable investment securities, bought
and sold at best market rates. Investors and dealers

ST.

Bonds

$4,983,226 81
872,484 U6

SPECIALTY.

A

CHARLES R.

P.

SATURDAYS.

No. 7 PINE STREET, NEW YORK.

J. D. Probst & Co.,
BOND

BONDS

ON

WEDNESDAYS

C. W. McLellan, Jr.

-

making the Policies, after

SALES of all classes of

P. O. BOX 447.

D. A. Boody.

H. J. Morse.

STOCKS and BONDS
At Auction.

BUY AND SELL COMMERCIAL PAPER.

AND

York*

General Banking Business, including

Raj and Sell Investment Securities*

TRANSACT A GENERAL BANKING BUSINESS,
INCLUDING THE PURCHASE AND SALE OF

STOCK

,

ALLSTREET,

ash

58 Broadway, cor.

GIN.

W

New
Transact

BANKER*,

-

Examine the new form of Policy issued by
United States Life Insurance Company before

on

JVf e Jbedatt
& <Zo.

-

-

JAMES BUELI

,

IBoodtf,

-

LIBERAL AND IMPORTANT CONCESSIONS IN
LIFE INSURANCE CONTRACTS.

CO.,

York, Philadelphia and Boston Stock Exchanges,
or on margin.
Special attention
given to Mining Stocks.
Jos. C. Walcott,
Frank F. Dickinson,
Members N Y. Stock and Mining Exchanges.

Assets,
Surplus,

Street,

PORTLAND, MAINE,

Cash Assets
$6,410,988 11
SUMMARY OF ASSETS
Held in the United States, available for the PAY¬
MENT of LOSSES by FIRE and for the protec¬
tion of Policy-Holders of FIRE INSURANCE:
Cash In Banks
$233,299 29
Bonds and mortgages, being first lien on
real estate (worth $4.171,400)
1.800,653 00
United States stocks (market value)— 8,184,125 00
Bank stocks (market value)
200,702 50
State and municipal b’ds (market value)
237,859 50
Loans on stocks, payable on demand
(market value of securities $543,592).
418,070 00
Interest due on 1st Jauuary, 1880
54,870 06
Balance In bands of agents.
154.114 87
_

Dealers in Government, State, County, City and Rail¬
road Bonds; Bank Stocks, Ac.
Desirable Investment Securities constantly on hand

HSnUHKDKH
OF NEW YORK,

BANKING HOUSE OF

F.S. WINSTON, PRES1 DEN"

SSUES EVERY APPROVED DESCRIPTIONO

G. W. Norton &

Co.,

JFE AND ENDOWMENT P0UC1E!
)N TERMS AS FAVORABLE AS THOSE 0]
ANY

CASH

CAPITAL:$200,000.,

OTHER COMPANY.

ORGANIZEP APRIL 12™ |842»

^

Real estate
Premiums due and uncollected on polictes issued at this office

Total

CHA8. J.

LOUISVILLE,




KENTUCKY,

J* H.

54,125 91

M

0,507 38

$0,410,988 11
MARTIN, President*

WASHBURN, Secretary-.