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HUNT’S
MERCHANTS’
MAGAZINE,
WtftffeJji UtMrj9Spaptvt
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED
STATES.
—'
—
.
—
1
....
.
VOL. 38.
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—
r
held from
THE CHRONICLE.
Prospective Specie Payments...
569
The Burden of the Debt and
How to Lighten It
Financial Review of the Month
Planters
573
Changes in the Redeeming
570
Agents of National Banks...
574
Latest Monetary and Commercial
May
571
The Debt Statement for June,
1874
;
The Chronicle and the Southern
'
English News
Commercial and
News
573
THE BANKERS
Money Market, U. S. Securities,
Railway Stocks, Gold Market,
Foreign Exchange, New York
City Banks, Boston Banks,
Philadelphia Banks, National
574
Miscellaneous
576
GAZETTE.
Banks,
eic
New York Local Securities.
Investment and State, City and
...
Corporation Finances
Epitome
586
577
580
581
582
TIMES.
Dry Goods..
587
590
....
591
Prices Current
592
®l)c tffyronicU.
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_
i
u
~
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NO. 467-
drifting further into the perilous breakers; by the
second she is made to obey ^the helm of a skilful
pilotage
to the haven of
specie payments. As to the prevention of
further inflation of the currency, an
attempt has been made
to show
that
we
of bank notes.
need
be under
no
alarm from the issue
Such notes, it is said, cannot be
kept afloat
greenbacks can. They return to the banks that issued
them, and never are nor ever can be in excess in the channels
as
Quotations of Stocks and Bonds
THE COMMERCIAL
Commercial
Cotton
Breadstufis
'
■
SATURDAY. JUNE 6, 1874.
CONTENTS.
of
———
of the circulation.
This is
very old error, and at so
be asked to refute it. You
a
late
day we ought
might with as much
reason
expect a ship when her cable has parted to resist the
current with both wind and tide
against her, as to believe
that bank notes when
they have lost their anchorage to
specie should not drift us into the disastrous sea of inflation.
Ages of trial have failed to contrive any means of keeping
bank notes from both depreciating and
expanding the currency
except by convertibility on demand and redemption in gold
or silver.
The precious metals are needful to keep bank
notes from
depreciating, and redemption on demand is the I
only specific against expansion. If any of our readers
not to
doubt this
Bullion
we
recommend him to read with
a
care
the famous
Report of 1810.
This document with all its appen¬
judicious introduction ought to be re¬
published in this country, andHf accompanied with suitable
expository illustrations from a competent hand, it could not
fail to be ot great service in
instructing public opinion and
correcting prevalent mistakes. Passing to the more posi¬
tive means of direct approach to specie payments we shall
not be surprised to see a revival of the
newspaper literature
on this
subject. Mr. Oobbett, in 1815, said that during
the previous four years some patient patriot
had been
curious enough to collect the specie payment literature; and
found that the fugitive productions of the press during this
brief period had come from three score and two writers and
would fill twenty-five portly volumes.
We are not behind
dices and
with
a
British cousins of half
Voluminous as
fugitive literature created by volunteer financial
PROSPECTIVE SPECIE PAYMENTS.
writers in pamphlets and newspaper essays a lively addition
New brooms sweep clean,”
says the old adage, and the to the number may not improbably mark the advent of a
new
regime at the Treasury is popularly expected to sweep new Secretary to the Treasury. We have already received
away many scandals and abuses. Among the reforms several such communications.
One of them containing the
which Mr. Secretary Bristow is to
favor, one of the most subjoined plan of resuming payments in coin emanates
our
is
a
century ago.
the
“
important
work
we are
consists,
as
the other
told is the reform of the currency. This from one of our oldest bankers who thinks that by its
is well known, of two parts, one negative means specie payments might be restored in two years.
how to resume.
positive. The negative part of currency reform
1.
Authorize
the
Treasury Department to sell from time to time
attempts at expansion; the positive part
amount
any
required
of bonds, so as to have on hand in gold not
approach of the greenbacks to par. By the
less
than
20
per
cent,
of the amount of legal tenders outstanding.
one the
patient is prevented from getting any worse, by the
2. Commence giving gold for legal tenders at 88 cents on the
other he is gradually
brought under the proper regimen to dollar, or at whatever the market price of gold may be at the
restoreJ perfect health. By the first our ship of state is time of commencing, and^advance the value of the legal tenders
is the veto of all
is the active
month, or one quarter of one per
semi-monthly, until par is established.
3. Stop selling gold; hut sell bonds if the Treasury requires
more money than the receipts from internal revenue.
4. Establish free banking, and abolish all compulsory reserve;
but provide for the redemption of National Bank notes at the
Treasury, and for this purpose require the banks to keep five per
half of
one
one
per cant every
cent
deposit in the Treasury.
legal tenders at 382 millions, and make no
attempt at contraction—that will regulate itself under th^ action
of the foregoing measures.
6. Make the tender of greenbacks, or National-, Bank notes a
legal discharge of any currency debt.
cent of their circulation on
5. Fix the limit of
plan consist in the. recognition;
of the necessity of an ample coin balance in the Treasury.
This indispensable preliminary to resumption has been too
much undervalued. There are two ways of accumulating
gold in the Treasury. We may do it by surplus revenue
from taxation ; or as proposed above, we may do it. by
selling bonds ; that is, by borrowing the gold and paying
interest upon it.
If we borrow gold, put it into the
Treasury, and keep it there until we have enough to begin
the work of resumption, we shall add to the aggregate of
the funded debt, and augment the burden of the yearly
interest thereon.
This would be a very unpopular policy.
It might also tend to disturb the public credit. If it did so
it would raise up formidable impediments in the way of
specie resumption. Another advantage in the proposed
plan is its sliding scale. Like the expedient proposed by
Mr. Ricardo, which was adopted by the Bank of England
when it resumed payment May 1,1821, this plan proposes that
the depreciation of our currency shall be abolished slowly,
'cautiously, and by graduated stages. No doubt an im¬
The chief merits of this
may suggest
itself as to some
of the details of the scheme.
But that in its main features
provement
or
two
solid
principles there is no doubt. Perhaps the
most powerful objections could be raised against its last
proposition, which is to irake bank notes and greenbacks
a common
legal tender. This is obviously designed to give
firmness to the mechanism of the currency, so that the great
fabric shall remain steady, and work smoothly under the
prodigious strain caused by the pressure of incipient resump¬
tion.
But the President very justly observed a day or two
ago, and some of our lending men thoroughly agree with
him, that “ the repeal of all the legal tender functions, both
of bank notes and of greenbacks must be regarded as pre¬
liminary, and that before we can begin to make much effec¬
tive progress toward specie payments we must repeal the
Legal-Tender act.”
it rests
on
THE BURDEN OF THE DEBT AND MW TO LIGHTEN IT.
We
publish elsewhere the usual monthly statement of
The balance in the Treasury, though
too small, is increasing, and amounts to 26 millions.
The
decrease in the principal of the debt during the month of
May amounts to $4,456,000. This is the first statement
since the panic which has shown an equilibrium between
the revenue and the expenditure of the fiscal year. During
the last eleven months Mr. Richardson has paid of the
funded debt 19 millions, and has increased the active circu¬
the national debt.
lation about 26 millions.
In .other words, he has borrowed
funds
by issuing greenbacks, and has had little or no other
surplus for the redemption of the debt since the fiscal year
began. This is evident from the subjoined comparison of
the funded debt on the 30th June, 1873, with that of 31st
May just past :
TOTAL FUNDED DEBT JUNE
30, 1873, AND MAT 31, 1674.
'
May 81, 1874.
June 30,1873.
Six per cent
$1,281,238,650
bonds
414,567,300
Fives
Called five-twenties not
presented
Total
Funded debt paid off since June SO
[4*me.6r1874.
CHRONICLE
570
-
$1,213,967,900
510.279,000
50,558,500
3,000,000
$1,746,364,450
$1,727,246,900
$19,117,500
Mr. Richardson, ha*y%'no
surplus-revenue, has paid off nearly twenty millicfn^of
fchfe funded debt, we have a sufficient explanation of thelnle
of five millions of gold in May without the purchase of any
bonds.; The Treasury had no surplus with which to buy
bonds or to pay off the funded debt, and if it had such a
surplus* we have often shown that the bes4; use to bo made
of. it would be to pay off the greenbacks which have*been
issued without warrant of law. The call just issued for five
millions of five-twenties, therefore, needs explanation. The
increase of the paper money issues since 30th June is shown
in the following table:
In the
circumstance that
OUTSTANDING CUERENCY JUNE
30, 1873, AND MAT 31, 1874.
June
Greenbacks
Fractional currency
May 31,1874.
30, 1873.
$382,076,777
46,538,620
44,799,365
$428,615,397
11,177,703
Total
Currency balance
$417,437,694
$26,341,891
$391,095,803
From these
figures it appears that since the fiscal year
began, the Treasury has borrowed by the issue of green¬
backs and fractional notes—28 millions, of which 26 mil¬
lions were outstanding, nn3 actively moving in the channels
of the circulation.
It will be remembered
that the debt schedule for Oc
*.
tober, 1873, was the first in which the over-hsued green¬
appeared. Comparing that statement of the un¬
funded debt with the present one and with that of SepUm
ber, 1873, we get the following interesting exhibit:
backs
1873,
Sept. 30, 1873.
TO MAY, 1874.
Oct. 3% 1873.
46,229,392
$361,031,948
47,876,150
UNFUNDED DEBT SEPT.
Greenbacks
Fractional currency
Four per
678.000
cents
14,226,290
39,706,595
14,000,000
27,569,880
Part due debt
32,083,523
Accrued interest
Navy pension
Gold notes
fund
..
...
$505,088,863
82,313,581
$514,168,187
3,289,032
$422,775,282
4,312,156
$432,199,207
11,177,708
$415,226,398
$418,463,126
$421,021,504
Total
Less Gold balances
Total
Less Currency
balances
.
Net unfunded debt
May 31,1874
$382,076,777
46,538,620
678,000
4,321,200
33,364,098
14,000,000
33,179,500
The funded debt for the
same
81,958,980
.
months compares as
fob
lows:
MAT, 1874.
1873.
May*\,\m.
$489,272,300
1,234,098,050
$510,279,000
1,213,967,900
$1,723,370,350
418,463,126
$1,724,246,900
Total unfunded
Total debt
$2,141,833,476
$2,145,268,404
FUNDED DEBT 8EPT.,
1873,
TO
Sept. 30,1873.
Oct. 31,
$488,567,900
Five per cent bonds
Six per cent bonds
Total funded
421,021,504
The
foregoing statistics may be useful for several purposesthey serve especially to correct two widely prevalent
errors.
.First, they shjw that the greenback over-issues
were not made during the panic of September, or with any
view to mitigate it.
Up to the end of October, when all
immediate danger from the panic had long subsided, only
five millions of the 26 millions had been emitted. Secondly,
these figures demonstrate that without reissuing bonds Mr.
Richardson could not have retired these greenbacks or any
considerable part of them.. This will be made more clear
by the following table, showing the amount of money in the
Treasury with the demand claims upon it, and the net
and
.
available balance.
MONET IN THE TREASURY
SEPTEMBER,
Sept. 30,1873.
gold notes
Currency balances
$54,743,701
39,706,595
$48,779,480
33,364,093
$14,227,834
3,289,032
$15,037,106
4,312,156
$15,415,387
11,177,703
$19,349,262
$26,593,090
...*
Total free balances
...
May 31,1878.
32,083,523
Gross coin balances
Net gold balances
31, 1873.
$81,958,980
33,179.500
:.
Less accrued interest......
Oct.
$82,313,581
27,569,880
Gold coin
Less
1873 AND MAT, 1874.
ti
June
6, 1874.]
571,
the: chronicle
comparisons show that the net balance of money in
the Treasury amounts to twenty-six millions which is about
the sum of the over-issued “reserve.” Hence almost the
whole of this balance would be absorbed if. the over-issued
These
could
were
In
scarcely be got rid of for more than par if any
made to force them to swift
answer we
are
sale?
effort
*-
told that it is not because we have a
Government paper currency. India has this also.
Government notes outstanding to the amount of 56
She has
millions
greenbacks were to be paid off. If theD, as we have several of dollars. This paper currency has not injured the credit
times urged, Congress should pass a law directing the Secieof the Indian Government, for the simple reason that it is at
tary of the Treasury to retire these 26 millions of illicit green,
par. It has always been kept so by two precautions. First
backs, there are no available funds in the Treasury without
no note is a legal tender except within a limited circle*; and
exhausting the reserve; and a special loan will be required to
secondly, every note is redeemable in coin at the place of
procure the needful sum. Another point suggested by the re¬
issue, and also at the metropolitan centre. The aggregate
port before us is the necessity of funding our debt at a lower of these Government notes reported since theii first issue is
rate of interest. By the foregoing tables it appears that twogiven below:
thirds of our funded debt bears interest at six per cent and
CURRENCY, REVENUE, AND DEBT OP BRITISH INDIA.
Gov}t
Debt in
none of it ranges below five per cent.
The consequence is
outstand'g
India.
England.
Revenue.
that our yearly gold interest amounts at present to $98,352,£
£2,299,600
£44,584,666
1847
024. At four per cent the interest would be nearly 30 mil- 1857..
8,894,400
55,546,650
33,303,391
4,926,000
31,839,100
64,562,770
1863
45,143,752
lions less ; and the annual burden of our debt would be dimin¬
6,350.000
26,310,500
1864
84,210.118
7,427,327
ished as much as if several hundred millions of the principal 1865
26,125,100
64,176,065
45,652,837
6,898,481
26,946,400
63,135,816
1866
had been paid off, the interest remaining as at present. Why
8,090,868
29,538,000
63,613,733
1867
has not such a funding loan at four per cent been long ago 1868
9,069,669
30,697,000
64,357,858
48,534,412
9,959.296
31,697.900
64,070,725
1869
49,262,691
negotiated? The answer is not far to seek.
10,472,888
35,196,700 •
66,140,021
Among the obligations which the country owes to Messrs. 1870
10,437,291
87.606,700
67,082,922
1S71
13,167,917
38,991,700
Morton, Logan, and their inflationist followers, a conspicuous 1872
67,679.621
50,110,215
11,235,061
1873
place is due to the fact that for years past they have made
it utterly hopeless for us to fund our debt at a lower rate
Secondly, the foregoing table shows that the superior
of interest by borrowing abroad at 4 per cent. On the 18th credit of the Indian Government is not due to the fact that
July, 1870, a law was passed authorizing such a loan; like the United States it has been buying up its bonds or
and that nothing as yet has been done is largely the fault of contracting the currency. On the contrary both the bonds and
the inflationists. These gentlemen have been busy under¬ the currency have received an increase. It is notorious that if
mining the foundations of the national credit, while they the United States had bought up greenbacks instead ot bonds,
and had devoted to the former purpose the surplus absorbed
thought they were deserving well of their country.
As an illustration of what might have been done but for by the latter for seven years past, the currency of this
these busy mischief-makers, we need do no more than point country would long ago have been at par and the green¬
to the Indian loan recently negotiated in London for the backs might all have been redeemed.
We have been under
exigencies of the Bengal famine. This loan is not strictly the hallucination that if we continual^ bought up our bonds
speaking a British Government loan. It rests on the in the market we should gradually improve the credit of the
security of the revenue of India only. Is there any reason, it Government, and save a large sum of annual interest. If
has been asked, “ why the United States should not borrow the expected result has not been realized we know that we
at as low a rate as Her Majesty’s Secretary of State for owe the disappointment in part to the inflationists, who have
India?” At any rate it is clear that the success of this loan kept the finances of the country in such a fever of precarious
in England offers several analogies of importance in regard to uncertainty.
As fast as we have improved our credit in one
direction
our own public debt.
they have impaired it in another.
The loan was originally announced to
It
true
is
the securities of the East Indian Empire of
be three millions sterling at 4 per cent. But a second adver
tisement raised the amount to five millions or $15,000,000. Great Britain have long been a lavorite investment with a
The bonds are not like our “ Chase bonds”—the ten-forties certain class of capitalists. Hence there is always an active
demand from investment purchasers. It is probable that a
or five-twenties—encumbered with an option for early re¬
demption. The new Indian stock is not to be redeemable good deal of the recent loan was taken by bankers simply
till after 1888, but may then be paid off at par on condition for a temporary investment. They know that they can soon
that one years’ previous notice shall have been previously work it off at a slight advance on what it cost. If our
given in the London Gazette. The smallest bond was for finances had been conducted with as much skill as those of
£500 or $2,500. The lowest accepted bid was at 101.40, British India, and if moreover our inflationists had been less
anxious to distinguish themselves at their country’s expense*
which was a high price for a four per cent stock.
Our foreign exchanges tell us that among the bids were our national securities to-day might have commanded much
four for no less a sum than $5,000,000 each, or one million wider favor among the investing classes of Europe than the
sterling, at 101.05, 101.30, 101.55 and 101.80. The first securities of a Government controlling 191 millions of dis¬
two were among the rejected bids.
There was also a tender tant subjects by a sceptre the permanence of which is not
of £800,000 at 101.40, £500,000 at 101.15; two for £200,- wholly unthreatened.
notes
Debt in
Year
..
*
.......
i-.fi
& l
000 at 101.25
and 102.05.
This last-mentioned bid was
the
The aggregate bids were for about three
times the amount to be issued.
We are thus precise as to
details, because it is important to show to Congress and to
new Secretary of the Treasury that there is plenty of
money seeking 4 per cent investment in London, and waiting to be absorbed at rates below four per cent if the
security is sufficiently good.
This being so, it is natural to inquire why such capital
cannot be attracted at this rate to our Government bonds.
What is the reason that if we cabled an order to the Lon¬
don market tosell five mi.lions of our fives to-day, they
highest of all.
our
MONTH OF MAY.
The month under review was chiefly noted for excessive dull
in financial and commercial circles. While the interest of
business men in the currency question lessened materially after
the President had defined his position, the desire to await the
results of the prolonged deliberations of Congress had an unfavor¬
able effect. The Senate passed a new currency bill, which has
been already discussed in other columns of this paper, that the
House did not favor it, and at the close of the month the whole
matter was left in the hands of a conference committee, and the
end remains yet in doubt. With the volume of business in all
departments of trade and the movements in the Stock Exchange
FINANCIAL REVIEW OF THE
ness
!
572
has necessarily exhibited the
extreme of ease, so conspicuous a feature during previous months.
The banks increased their legal reserve above the 25 per cent
required by law, from $15,149,825 to $22,191,150, while the loans
were contracted several millions.
The export movement of coin
to Europe failed to have any appreciable effect on gold, the
Treasury having disbursed freely on account of interest on the
public debt. On call there was such a superabundant supply of
money that banks and capitalists were obliged to carry over
almost daily round amounts which they could not employ even
at 2@3 per cent.
Commercial paper was very scarce and rates
easier, sales of first-class paper having been made at 5 per cent
for six months, choice 00-day paper going as low as 4 per cent in
exceptional instances. A gratifying indication towards the close
was a better tone observable in dry goods and other departments
of trade, as evinced by the improved demand and more satisfac¬
tory prices obtained at one or two important auction sales.
Although United States bonds followed to some extent the
course of the gold premium, the market was in the main firm,
considerable amounts having been taken by the savings banks as
well as home and foreign investors.
On the whole, however, the
inquiry from abroad, following the disbursement of interest by
the Treasury, has been less important than heretofore.
restricted, the money market
61958798012
PRICE8 OP GOVERNMENT
SECURITIES
IN
MAT,
1874.
-Coupon bonds.-
5s ’81 fund. 6b’81 6s’81 5-20s 5-20s 5-20b 5-20s 5-20s 5-20s 10-40s 10-40s 6s
May
coup.
reg. coup. 1862. 1864. 1865. 1865. 1867. 1868. reg. coup. cur.
new.
119%
....
115%
115% 117%
....
119% 120% 120%
119% 120%
....
115%
115%
.
.
8
8
4
115%
115
115
121% 115%
119% 121% 115
117
....
...
114%
117% 119% 120% 119%
114%
119% 120%
118
119% 120% 120%
120% 120%
....
119%
115% 117
...115%
....
115% 119%
..
121%
11
18
18.....
115
118% 119% 120%
119% 120%
118
...
...
....
....
....
....
119% 120%
119% 120% 120%
119% 120% 120%
120%
119% 120% ....
...
115
18
19.....
116%
....
115
....119%
116%
116%
119% 121%
119% 120%
115% 119% 121% 115% 117% 118
119% 120% 120%
115%
117
120% 121% 115%
118% 120
120%
115% 115
..
....
28
84
119%
...
117%
8
120% 122
115%
121% 115%
120%
121% 115%
115%
28
27
....
....
118% 119% 120%
118% 120% 120%
120% 120%
120% 120%
118%
Holiday
....
...
....•
117%
....
/ 115
PRICES OP CONSOLS AND U. 8. SECURITIES AT LONDON
TTsT
inon.
’65
1
Friday
Saturday
2
Sunday
3
4
Monday
Tuesday
6
WedueBday.. 6
Thursday.... 7
Friday
8
Saturday
91
Sunday
10)
Monday
11 j
Tuesday
12 j
Wednesday... 13|
Thursday.... 14,
15|
Friday
Saturday
....
Sunday
Monday
Tuesday
16
17
18
19
5-20, 5-20, 10-40
o.
92% 106%! 109% 104%
92% 106% 109%! 104%:
93
93
106%; 109% 1104% |
93
93
106%'109%, 104%
107
““
109% 104%
93
93
107
107
109% 101
93%
93%
93%
93%
107
107
107
Date.
1867.
Holijday.
92% i 106% ,109% 104
109% 104%.
109% 104
Wednesday...20
Thursday. ...21
22
Friday
Saturday
23
Sunday
24 i
25 ■
Monday
Tuesday
26;
Wednesday.. 27
Thursday ....28
29
Friday
Saturday... ...30
31
Sunday
109% 104
109% 104
Opening
109% 104% Highest
107
Lowest
109%
104%
107%
Closing
109% 104% High’t. | Since
93%
93%'107% 109% 104% Lowest J Jan. 1.
(107%
the stock market, and
Steamship Company was very animated, but the affairs of the'
company remain in the hands of the late administration. The
death of Mr. J. Edgar Thomson, President of the Pennsylvania
Railroad for the past twenty-six years, was made the occasion for
an attack on the stock in Philadelphia, and the price declined
slightly, but soon recovered. At the close the general market
was steady, at some recovery.
The following table will show the opening, highest, lowest and
closing prices of railway and miscellaneous stocks during the
months of April and May :
IN MAT.
Cons U. S.
for
5-20, 5-20, 10-40
mon. ’65 o. 1867.
93% 107% 109% 104%
93% 107% 109% 104
93% 107% 109% 104
Holi
M ay.—
April.
RailroadStocks—
72
Chicago & Alton
105
scrip.. 95
pref.. 107%
Chicago, Burl. & Q.uincy 104%
Chicago, Mil. & St. Paul 44%
do
do scrip 77%
do
do pref.
64
do
do
do
do
do
& Northwest’n 56%
do pref. 72%
& Rock Island. 107
day.
93% 107% 109% 1104
93%; 107% !!09% 104
93% 107% 109% 104%
93% 107% 109% 104%
98% 10;% 109% 104%
92% 106% 109%
93%: 107% 109%
92% 106%. 109%
93% 107% |109%
93% 110 1110
91% 106% 1107%
68
Pittsburg guar. 89%
Columb., Chic. &Ind. C. 32%
Del., Lack. <fe Western.. 108%
Dubuque & Sioux City..
.
102%
107
101
34%
78
64
102%
104
104%
104
104%
105%
103%
Among Southern State bonds, Tennessees and Missouris were
the most active, based on the announcement of the Comptroller
of the former State that payment of the interest due in July on
Erie
do preferred
Hannibal & St.
do
Harlem
Joseph..
pref.
Illinois Central
do
scrip
Lake Sho. & Mich.South
Marietta <fc Cin., 1st pref
do
2d pref
Michigan Central
Mo., Kansas & Texas...
102%
37%
40%
65
32%
39%
65
Rome & Watertown
St. L., Alton & Terre H.
do
pref
St. Louis & Iron Moun..
St. L., K. City & N. pref.
Stonington
Tol., Wab. & Western..
Union Pacific
Miscellaneous—
Pacific Mail
Am. District Tel
Atlantic & Pacific Tel...
N. Y. Gold & S took Tel.
Western Union Tel
American Coal
Consolidation Coal
89%
40%
57%
97%
65
87%
18%
87%
106%
109%
21%
106
88%
21%
106%
60
60
60
34%
36%
34%
61
61
31
61
.
•
30%
16
16
16
73
10
78
93%
105%
.
132
24%
48%
37%
101
92%
„
25%
25%
.
.
.
.
.
.
46%
38%
38
30
48%
48%
59%
37%
54
16
75
68
66
46%
Maryland Coal
280
*
76%
77%
73%
74%
io
10
77%
77%
107
93
93%
.
•
•
•
97
105
106%
4
7
98%
95%
98%
182%
24%
40%
133
131
26%
47%
41
94%
....
34%
44%
54%
44%
62
17
75
16
73%
73%
66
43%
43%
280
22%
40
85
96%
41
103%
93%
107%
94%
110
80
110
80
.
.
.
.
•
•• •
•
•
•
•
•
•
...
34
40%
76%
.
7
38
27
22
.
107
....
125
41
.
10
.
.
.
.
•
124
....
*
•
•
10
75
94%
122%
110
80
32
97
124%
125%
41%
34%
♦ -
30%
127%
•
108%
110
80
65
280’
105
4
106
11
33
34
25
44%
38%
17
75
80
98
97
98%
97
98%
132%
26%
47%
37%
,
11
33
28
24
....
101%
98%
132%
26%
48%
37%
109
109
.
....
54
.
96%
95%
11
33
54
.
33
129
97
94%
122%
94%
61
27%
101%
33%
•
121
35%
’
129
10
121
104
60
25
.
...
...
19%
33
128
.
16
....
21%
109%
34%
76%
109
53%
66
88
73%
65
46
72
64
80%
79%
72
48
94%
80%
58
16
75
72
65
47
67
89
101
33
33%
72
53
99%
....
11
31%
64
101
Pitts., F. W. & Chi.gnar 94%
Renssalaer & Saratoga.. 109
37%
99%
104%
115%
102
37%
99%
104%
55
41
106%
96%
126
133%
31%
106
102
107
103
66%
31%
101%
,
66%
125%
108%
.
57
129
121%
102
101
....
46%
129
Morris & Essex
94
New Jersey
121.
New Jersey Central
107
N. J. Southern..
N. Y.Cen. &H.R
101%
do -N.Haven & Hart. 133
Ohio & Mississippi
81 %
do
pref. 55
Pacific of Missouri
41
Panama
115%
1%
.
58%
34
66
26
85
10
95
16
46
66
56
30
36
85
94%
43
63
104%
39%
.
.
Clos.
55%
65
86
20
33%
.
•
•
103
107
103
....
39
10
103
....
77
77
56%
72%
107%
75%
90%
82%
108%
•
95
107
95
107%
104%
44%
Open. High. Low.
94%
94%
94%
16
15
13%
1%
1%
1%
72
72
72
105
95
—
114%
Hlgh’st 115% 120% 122
115% 117% 118% 120% 120% 120% 115% 115% 117%
Lowest 115
115
119% 120
117
117% 119% 120% 119% 114% 114% 116%
Closing 115% 120% 121% 115% 117% 118% 120% 120% 120% 115% 115% 117%
Cons
for
on
The contest at the annual election of officers of the Pacific Mail
Cleve. &
Open’g 115% 119% 121% 115% 117% 118% 119% 120% 120% 114% 115% 116%
Date.
made
were
prices declined sharply in some cases. The intense dullness was
sufficient of itself to impart heaviness to speculation, but when
hostile legislation against the different railroads—chiefly the
Chicago & Northwest and the Chicago Milwaukee & St. Paul—in
Wisconsin became known, although it has been declared by
eminent legal authorities that the law recently passed by the
Legislature of that State, fixing tariffs for the transportation of
freight, is unconstitutional, the bear operators took renewed
courage, and were very successful in forcing down prices. Added
to the above depressing influences were rumors of differences
among the Lake Shore direction, and reports that the traffic
returns of that company were not as favorable as anticipated.
Cleve.,Col., Cin. & Ind..
115%
S
CLOSING
A series of bear attacks
Central Pacific
....
....
119% 120%
117
"
114%
115
118
..8
119% 121% 115%
rallied.
115% 116%
.
116%
116%
115% 116%
....
....
indiscriminately, they began to repurchase freely, and a firm
feeling characterized the late dealings on both sides of the water.
Other bonds were weak at first, in sympathy notably with the
Chicago & Northwestern consolidated gold bonds, but subsequently
Open. High. Low. Clos.
94
94%
94%
Albany & Susquehanna. 94%
Atlantic & Pacific pref.. 16%
16%
12%
14%
1%
1%
1%
Boston, Hartford & Erie
1%
114%
....
121%
121% 115%
115%
115
...
..
.8
115% 119% 121%
general recovery ensued at the close, however, and when our
German friends discovered their mistake in attacking securities
A
...
....
120
[June 6,1874.
CHRONICLE
THE
22
20
125
•
80
20
125%
34%
25%
37
28
45%
40%
43
52
19
48
50
15%
17%
69
73
...
75%
....
43
19
43
15
....
39
15
•
•
.
42%
19
Coal
280
registered bonds will be met. Among the other Pennsylvania
70
72,
72
72
58
73%
70%
Spring Mountain Coal.. 58
55
55
69
69
State securities, a movement in New York State bounty loan, Canton
5
5
3
5
6
3%
Mar’ o’ sa Land & Mng Co
4%
6
which carried the price up to 110^, was the leading attraction. Quicksilver
26
23
23
28
23%
26%
22%
28
30
30
35
35
35
do
35%
35%
pref
35
These bonds were purchased by some of the State authorities for
Union M’g Co. of Tenn..
2%.
2%
2%
2%
99
99
98
98
107%
98
109%
the investment of funds specially directed to be put into that Adams
98%
63%
American
62%
63%
62%
62%
61%
63%
63%
67
67
loan, and hence the improvement in price.
67
United States
70
71%
66%
67%
66%
76
76
75
77
77
75
77
77
In railroad bonds an unexpected weakness was developed for a Wells, Fargo
116
116
116
116%
Del. &Hucf. Canal
116% 117
118% 119
90
90
90
time, and a sharp attack on the Pacific mortgages occasioned Bankers & Brok’s A»s’n. 90
125
125
125
Union Trust Co
125
much surprise. The decline was very marked, as will be seen by
Gold showed very little animation ; in fact, the dullness was
our quotations below, the weakness having been superinduced
almost
unprecedented. As stated above, the outflow of coin
by a semi-panic in Germany, where a rumor prevailed that the
California Pacific Railway would default the interest on its bondsj failed to have any marked influence on the market, the premium
the funded and
....
.
.
.
.
....
•
...
•
....
....
....
.
...
.
.
.
....
....
....
•
....
....
....
•
r.
573
THE CHRONICLE.
6, 1874.]
June
Recapitulation.
comparative indifference by operators.
This may be explained by the fact that the Treasury disburse¬
ments for interest supplied the bulk of the demand for shipments
The price declined from 113 to 112J, and later recovered to 112^
The Treasury sold $5,000,000 gold during this month.
being looked upon with
2168.5-20,13 39367.4>85%@®
MAT,
COURSE OF GOLD IN
Date.
<v
M.
o
o
3|
Sunday
i Sunday.;
24
|H2%! Monday
Tuesday
25
26
....
112%’li2%
“
“
...
...
“
17
Monday
Tuesday
Wednesday..
Thursday...
18 112%lll2% 112% 112%
19
112%1112
ill2%
22 119% )112*4 112% '112%
23 112% 11*% 112% |112% i
Saturday
“
1867.
1866
“
112%!
.20 112% ,112% 112% 112%|
21 112%! 112% 112% 1)2%
Friday
“
jll2%'
Sunday
“
1865
“
1861....
1863
1862.....
S’ce Jan. 1.1874
“
“
maiket
Total
60
May
days.
1..4.88
@....
2..4.b7%@4.88
M
3 days.
4.91
@.
4 90%@4.91
..
May 17
“
8..
4$
44
4..4.87%@4.88
4.90%@4.91
5..4>8 @
6. .4.88 @.
7. .4 85 @ ...
8. .4 88%@....
9 4 88%@. ..
4.91
4.91
4.91
...
44
..
44
44
@
..
@....
®_...
4.91%®....
4.91%®....
18..4.88
19..4.88
20..4.88
21..4.88
22. 4.88
S
@4.88%
@4.88%
4.91
@4.88%
24
£5.
2,14 .268,438
1874
2,149,-25,2(7
1874
$2,55j,2(5
Companies, Interest
Payable in Lawful Money.
190
out?a?dfng.
Character of Issue.
Interest
accrued
and not
Central Pacific
Kan. Pac., late U.P.E.D.
Union Pacific Co
Cen. Br’h Un. Pacific..
$25,335,120
6,303,000
yet paid.
$6 -7.128
157,575
27.236.512
68 ,9!2
1,600,000
40,000
Western Pacific
Sioux City and Pacific...
1.970, .60
49, 64
1,623,320
$61,623,512
Interest
paid by
United
States.
Interest
repaid by
Balance o
int. paid
translation by Unitea
of mails, &c. States.
$1,0 9.423
4D.7D8
$><,698. 86
2, 36.6*3
9.1 3,038
657,8 8
545,029
536,155
$1,615,537
$22,3S6.G91
$5,095,450
1. .89.3:9
2,7:1,183
25.643
9.3*7
$7,598,613
1.297,MS
6,7 i' .855
61 ,1 4
535,662
5-8,701
7,153.
$17,291,241
The Pacific Kail oad bon Is tre all issued under fie acts of Julv 1, 1862 and July
2, 1864: they are regis'er d bi ds, iu denominations of $1,000. $5,0X) &
;
bear six ier c-nt i ner.-st *n currency, payable January land July l, and matuie
30 years from their dat >.
$l',0OO
“THE CHRONICLE” AND THE SOUTHERN
4.91%@....
...
56.050,000
*H9.l 6,6*3
Bonds Issued to the Pacific Railroad
@4 91%
@4.91%
@4.91%
@4.91%
@4.91%
4.91
4.91
4.91
@4.88%
@4 88%
of certificates of deposit as
Decrease of debt during the past month
Decrease of debt since June 30, 1873
days.
4.91
rn
53.379
$81,•
11.1(7,.03
.
Total issued
3
29,834
...
Debt, less amount in the Treasury. June 1,
Debt, less amount in tne Treasury, May l,
145^ 154% 145
102% 102% 104% 103%
110% 110% 114% 112%
1874.
60 days.
18.179,500
$2,291,455,121
piovided bylaw
for
STERLING EXCHANGE FOR MAY,
46,538.649
.
$2,261 0*1,1 2; $33,364,093
date, including interest due not
Special deposit held for redemption
exchange was quiet and rates uniform,
although well maintained, chiefly due to the limited supply of
commercial bills rather than because of any large demand.
The
56 050,1X4)
presented for payment..,
112% 111%
1190
$3*2.076,777
,
Amount in the Treasury—
Coin
1
168
177
151
237,945
4 321,200
$517,841,927
Total
Total debt, principal and interest, *to
111% 113% 112%
116% 118% 118%
11.% 114% 114%
111
181,880
$14,678,000
.
Unclaimed Interest
3%' 115% 111%
134% 144% 1:38%
139% 140% 149%
138% 13m%
135% 135
1*5% 125% 141% 140%
145% 12S% 415% 137
“
$678,1100
14.000,000
Total debt bearing no interest
112% 112 % 112% 112%
112%' 112% 112% 112%
112%, 112% 112% 112%
112% 112% ,11-% 112%
112%: 112% 1112% 112%
Holi day. | ...
4 112% 112%'112%lm%! Wednesday.. 27
5 112% 112%.112% 112% Thursday ....28
6 112% 112 1112% 112%i Friday... ;..29
7 112% ,112% 112% i:2%| (Saturday
30
Friday
8 112% 112% 112% 112% (Sunday
31
Saturday
9 112% 112% 112 « 112% | f
112%
May, 1874.
Sunday
10!
1873.
*117%
Monday
11
li 2% > 112% I
1872.
|112%
12 112% IJ12 1112% 112%'
Tuesday
“
1871. ...111%
Wednesday...13 117% 111% 112% 112%
1870.
1 2%;112%
Thursday.... 14 112% 112
jH5%
1869. ...1134%
Friday
15 112% 112% 112% ,112%
18*8. ...'139%
Saturday
16 112% 112
li.2%
Monday
Tuesday....
Wednesday..
Thursday....
$1,724,246,900 $32,914,433
Money—
Total debt bearing interest in lawful money
Debt on which Int. has ceased since Maturity,
Debt bearing no InterestDemand and legal tender notes
Certificates of deposit
Fractional currency
Certificates of gold deposite 1
O
1 112*. 112% 113%'ll3
2 113 ,11224,113
Friday
Saturday
Bonds at 5 p. cent
Navy pension fund, at 3 per cent
1874.
Interest.
$1,213/ 67.900
5’i0.2i»,00)
Coin—Bonds at 6 p. cent
Total debt bearing interest In coin
Debt bearing Interest in Lawful
Certificates at 4 perce t
O
S
*4
Debt bearing Interest in
Date.
43
£
Amount
Outstanding.
PLANTER,
S
4 91%@....
4.91%®....
.4.88%®....
in what we write to please every one.
4.91%@
Especially must this be true with regard to cotton, a staple
4.9.
28 4 88%@....
12..4.88 @....
4.91%®....
@....
4.91 @
13..4.88 @....
4,91%@....
in which there is always an active speculation in progress.
4.91 @....
Holiday
14. .4.88 @....
S
4.9!%®....
15..4.8b%@....
Nor do we believe that every opinion we express is neces¬
16..4 88% @
4.91%®...-.
.4.87%@4.8S% 4.90%@4.91% sarily correct.
All we claim is that we never had a pen¬
ny’s interest in cotton or cotton manufactures ; that what we
TIIE DEBT STATEMENT FOR MAY, 1874.
publish is simply cur honest conviction, and those who
But we
The following is the olhoial statement of the public debt, know us best and fo Ijw us closest are sure of this.
as
appears from the hooks and Treasurer’s returns at the close were not aware we had so many and so warm Southern
of business on the last day of May, 1874 :
friends until the past week; it is but half expressing the
Debt bearing Interest In Coin.
truth when we say that the letters we have received full of
Interest Acern’d
When
AuthorizOverdue. Interest.
Character of Issue, in*
c
Fay’ble
Coupon.
Iiegl°tered
S3 of 1858
kindness have grealy gratified us.
$
(a) *5,416
Junel4.’53....l8i4
(e)$2f>0,0OO
Our attention has also
20.649 (a)460,3 5
Feb. 8,’61..-..1880 (/) 13,768,000
•9 Of 1881
4.617,000
7.010
(a) 23,62
6s. Oregon War
Mar 2,’61
1881
(0)945,000
been called to an article on “Farmers and Facts,” in the
225.792 'a)4,733.033
6s of 1881, July 17 and a ug. 5.’61 ...1881
fl25.786400 63 534,9 0
«3, 5-20’s, of 1862
.Feb. 25, ’62... .1882
16,5'18,3UG 151,?99.600 1,633.504 (b)S 3»,93»
Southern Argus of last Friday, published at Selma, Ala¬
6a of 1881
65,377 (a) 1.875,000
Mar. 3, ’63 ...1881
53,fi3'i,l0-i 2l,3*>9,9n0
199,992 (02.132 081
56, 10-408... .?
Mar. 8, 64
1904
141,116, 00 53,451,300
(b) 1,733
v.;73
bama, and at the request of a friend we reproduce it. That
1884
of 1864
Mar. 3, ’61
946,600
262,18 (6)290, 3*
68, 5-208. or 1864
June 30,'64....18*4^
25,010,9',0 33.035,250
Mar. 3. ’65....1835
33,789,750 118,7 14.600 1,4*9,751 (6)762,671
paper has, we believe, a very large circulation ; we see it
687,H65 (a)5 0 5.827
6e,5-208, 186 new....Mar. 8, ’65....1885
56.*7t,9iKI 115,758.200
*8, 1867
Mar. 3, ’6>.... 1837
67.809.550 22 \8 4,8 M) 1,044,3:6 (a.7.766.360 claims that it is twice as large any paper in the State ; and
13 ..831
(a)9S6,850
6s, 5-2i‘8. 1863
Mar. 3, ’65.... 1833
!3,916,500 20,-57.500
6 0,074 (d;l 314,3.2
17 (.659,150 137,792,550
5s, Funded Loan, 1831. J uly 14, ’70.... 1881
although it cannot be said to be the organ of the Grangers,
Aggregate of debt bearing Inter’t in coin. 747 166,100 977,08 '.700 6.403,'347 26,510^6
the editor is a member of the order, and a clear-headed
(a) Interest payable Jan.& Ju'y. (6) May & Nov. (c) March <fe .-ept., except
coupons $50 & $ 10) paid annually In .'arch. (d) Feb., May, .\ug. & Nov. («) Keg.
man—a natural leader in whatever community placed. We
|5,«m0; coupon 61.00C. (/) '(eg. 1,000, $5,000, $10,000; coupon $1,000. (g) $50, $100
& $500. (6) Keg. $50, $100, $500, $1,000, $5,000 & $1-1,000; coupons, $50, $100, $5u0 &
$1,000.
give the article because it expresses some truths which are
Debt Bearing Interest In Lawful money.
.
.S
10
44
...
11..4.88%®....
We
never
expect
4.91%@....
...
.
44
..
...
44
44
44
...
.
-
>,
Interest.
175.1«00
Principal
S’s.NawDenslon.. Act Tuly23,’6S .Int. only appl’d to pens’ns.
4s, Certifs of indebtedness..Act July8,’70..Due in 1875
14,000,000
678,000
Interest
Principal.
Matur’d at varl’s dates prior to Jan. 1, ’37.
Matured at various dates in ’51 and ’52...
6’s, Bonds
Matured Dec.31, 1867
6e. Bounty L scp ...Matured July 1. 1849
5’s, Texas Indent
Matured Dee. 31, 1864
Matured after J in. 1, 1871
5a of 1858
5s, Bonds.,
Matured Jan. 1,1871
6b. 5-208. (called) ....Matured Dec. 1.’71, and Mch. 7 & 20, 72..
l-i0@6sTr. notes....Matured at various dates from ’38-’44....
1-10468 Tr. notes....Matured at various dates in ’47 and ’48...
6s, Bonds
5s. Mex. indent
6e.
$57,665
1,104
1,250
S.iOO
174,000
149,(00
10,000
2,927,850
82,575
$64,174
6,000
206
57
108
378
7310*8.3 years......Matured Aug. 19 and Oct. 1,
5s, one year
Matured at various dates in
1864
1865
Matured at various dates in 186€
Matured June 10, ’67, and May 15, ’68
Matured Aug. 15,1867, and June 15 and
July 15,1868
6’s, Certif. of ind....Matured at various dates in 1866
4,5 & 6’s. Tern. 1
Matured Oct. 15, 1866..
Ss, Certifs. (called).Matured monthly since Dec. 31, 1870
.
Bearing
83,06
246.700
19,630
5,000
313
78.560
7,343
5,000
391
$4,321,200
$237,945
no
Amt. outstand
Fractional Currency
Fractional currency
$20,50,100,500,1,000 5,000).Certifs. for gold deposited
March 3,1863, and
June 30,1864
Aggregate ot debt hearing no Interest
1,417
3.793
3.4*3
$76,777
332.OOo.000
56,U5",t00
Certificates of depo*lt
June, 8. 18:2
March 3, 186S(iu
625
3S,76<!
2,670
3,150
19,200
75/35
53,20)
418,960
Interest.
Authorizing acts.
Character of issue.
July 17.1R61, and Feb. 12, 1862.....
Demand notes
Feb. 25 and July 11. ’62. aud March 3. ’63..U. S. legal-tender notes
July 17,186*
9,450
2,000
5’s, 2 years
6’s, Com. int. n’s
7310’s, 3 years
Debt
85
22
223
950
Matured *t various dates in ’48 and ’49...
Tr’y notes
8®6’s, Tr’y n’s
Matured at various dates in ’58 and ’59...
6’s, Tr’y notes.......Matured March 1,1863
present very
6,78q
$181,780
Aggregate of debt bearing interest In lawful monev
$14,6:8.000
ee Maturity.
Debt on Which Interest Has Ceased Since
maturity.
4 to
at
)
J
-Qg
‘lo.wa.bis
S3,179,500
$517,344,527
timely :
FARMERS
The members of Cornelison
AND FACTS.
Grange No, 235 express their dis¬
satisfaction with the crop reports, statements and statistics of the
New York Financial Chronicle reproduced from week to week
in the
Argus.
The right of private judgment is inherent and in¬
alienable, and its free exercise is the prerogative of freemen.
practical and intelligent men ;
glad they are not disposed to accept without inquiry
any authority as a guide lor their conduct.
But we fear they
have allowed their prejudices in this case to color their knowl¬
edge.
The New York Financial Chronicle, with which we have
no relations, which does not even exchange with the Argus, is
recognized as the most respectable authority in the country on
the matters of which it treats, to wit, finances, banking, rail¬
roading, trade in all its branches, cotton, grain, etc. For many
years both “bulls” and “bears” in these great departments of
business have accepted its figures as the most accurate possible to
he obtained, and have given the greatest consideration to its
deductions and conclusions.
It is independent alike of buyers
and sellers, of “bulls” and “hears,” of producers and speculators.
Our friends at
and
we are
DeArmanville
are
II
independence it could never have attained its
present position and influence. Its means of obtaining informa¬
tion are extensive and systematic, and its object is to get facts
Without this
for the
use
of all.
We do the cotton planters of
the South the
greatest possible service in laying before them weekly the
nformation derived from the Chronicle, which cotton-dealers
and speculators have heretofore had all to themselves.
If our friends of Coruelison Grange had stopped to think a
have seen how impossible it is for a paper like
play into the hands of the New York cotton
speculators.”—These speculators are divided into two classes
always—one trying to “bear” cotton down, the other trying to
bull ” it up. A paper to play into the hands of one of these
classes, would play out of the hands of the other equally numer¬
moment, they would
The Chronicle to “
“
ous
As the “ bulls ” of
class.
one
month
are
the “ bears” of the
which by the suppression or perversion of facts
the hands of either, would forfeit the respect
support of both ; for each having in turn suffered through
next, a paper
2.145809—CMNiatrzoens’l
should play into
and the
[June 6;18?4.
THE
574
Cateat
fllanetarg antr Commercial CfngUsI) Neros
RATES OF EXCHANGE AT LONDON, AND
AT LATEST DATES.
EXCHANGE AT LONDON—
Amsterdam...
Antwerp
Hamburg
for
to week
rise,
a
or
•
REDEEMING AGENTS OF NATIONAL BANKS.
The following are
the changes in the Redeeming Agents of
approved since the 28th inst.
These weekly
*
changes are furnished by and published in accordance with an
arrangement made with the Comptroller of the Currency:
0
NAME OF BANK.
LOCATION.
Springfield
—
Newport
Rhode Island—
Providence
Connecticut—
New Milford...
New York—
Le Roy
...
Pennsylvania—
tion, Boston, revoked.
Approval of Suffolk National Bank,
Boston, revoked.
Approval of National Bank of Redemp*
tion, Boston, revoked.
First National Banki Approval of Albany City Nat’nal Bank
Merchants’ Nati’nal
Bank..,
First National Bank
First National
Bellefonte
Pennsylvania—
Union City...
North CarofinaRaleigh
,
Arkansas —
Little Rock....
.
Illinois—
Greenville
Illinois—
Kewaneo
J revoked.
BankjNinth National Bank, N. Y.. approved
>( as an additional Redeeming Agent.
First National Bank Approval of National Bank of Comof Union Mills....|
merce, Philadelphia, revoked.
State Nati’nal Bank Approval of Union National Bank,
f Philadelphia, revoked.
Merchants’Nati’nallThird National Bank, St. Louis, apBank
j proved as an additional Redeeming
Agent.
Traders’
Bank.
National Continental National Bank, New York,
approved in place of Lnporters’ and
Traders’ National Bank, New York.
First National Bank Approval of Northwestern National
Bank, Chicago, revoked.
FirstNational Bank National Park Bank, New York,cap.
in place
Sroved
ank. New
York.of Ninth National
..
Illinois—
Pontiac
Marshall
.
National Bank, Chicago, ap¬
proved as Redeeming Agent.
Approval of National Bank of Com¬
merce, Boston, revoked.
National Bank of.. Third
..
Michigan—
REDEEMING AGENT.
John Hancock Nat’l[National Bank of the Commonwealth,
Bank
Boston, approved in place of Nation¬
al Bank of Redemption, Boston.
First National Bank Approval’ of National Bank of Redemp¬
Massachusetts—
Chicago.
Nationnl
Bank
Michigan
of
New National Banks,
The
following is the only National Bank organized during the
past week, viz.:
Official No.
National Bank, Winchester, Ky. 'Authorized capital, $126,R. N. Winn, President; J. D. Simpson,
500; paid in capital, $63,250.
Cashier.
Authorized to
commence
business May 23, 1874.
Southern Kentucky Bank, Bowling Green, Ky. Authorized
capital, $50,000; paid in capital, $35.000., Chas. A. Nuzro, President;
II. S.
Underwood, Cashier. Authorized to commence business May
29, 1874.
J
National Bank, Lebanon, Ky. Authorized capital, $150,000:
paid in capital, $136,800, R. H. Ronntree, President; N. S. Ray,
Cashier,
•
•
Authorized to
commence
business June 3,1674.
| TIME.
short.
May 22.
U
it
3
•
Paris
Paris
Vienna..
Berlin
6.25#© 6.26#
120 ©120#
Frankfort
8t. Petersburg
32#
Cadiz
48#@48#
90
Lisbon
days. 52#©52#
3 months. 28 40 ©28.50
Milan
Genoa
28.40 ©28.50
28.40 ©28.50
Nanles
New York
Rio de Janeiro
Bahia,...;. ...v
Buenos Ayres..
t (
•
Urn
•
....
•.
..
#
....
•
•
•
,
•
•
•
....
3
May 22.
*
•
a
11.90
25.19
20.19
£5.19
•
•
mos.
ll!l7
6.22#
U
short.
*
*
*
...
•
•
'
*
•
•••
*
116%
.
....
....
...
*
*
....
.
May 2-?. 60 days.
90 days.
April 26.
April 14.
April 25.
....
$4 87# per £.
25%
26
4S©49#
•
....
•
U. 10#©3~16 d.
Is. 10#©3-16 cl.
4s. 2d.
5s. 8 a.
May 21.
May 18.
May 21.
25# ©25%
....
Jan. 26.
days.
•
BATE.
it
April 28.
60
mos.
short.
....
hastens them to market from fear of
National Banks
■
short.
11.17#@11.18#
3 months. 2*.52#©25.57#
20.58 ©20.63
short.
25.17#.©25.27#
3 months. 25.52#©25.57#
11.45 ©11.50
.
G
.
51%
..
mos.
....
*
May 14.
.
•
.
....
r
Is. 11 3-16c/.
is. 11 l-16cl.
4s. 4%d.
6s. 0#c/©6*. 0#c/
....
....
•
....
[From
52#
April 28.
is. '2d.
....
CHANGES IN THE
Illinois-
DATE.
..
decline, is himself a speculator, and needs precisely the kind of
knowledge that other speculators in the same products need.
The farmer who sells his corn or cotton as soon as it is ready,
cannot bo hurt by knowing the suggestions and reasons that
influence buyers or speculators in arriving at their conclusions.
The A rgus, in virtue of its most important feature, is an agricultural
newspaper ; its influence is with agriculturists; its support comes
from those who till the soil; it is interested especially in promot¬
ing the welfare of farmers and planters; and it discharges its
duty to those upon whom it depends mainly for favor and patron¬
age, by keeping them as fully and as accurately informed as
possible in all that relates to the production and sale of their
products.
Rhode Island
LATEST
BATE.
TIME.
-
That
both “ bulls ” and “ bears ” accept The Chronicle as authority,
Valparaiso......
is the highest possible evidence of its stern impartiality and Pernambuco
Montevideo...
rigid fairness.
Bombay
What the farmer needs, and should want, are facts. He of all Calcutta
Hong Kong...
others should avoid self-delusion. He may, if he chooses, shut Shanghai
Penang
his eyes to facts bearing directly upon his interests; but he Singapore
Alexandria....
cannot shut the eyes of others, who will profit by the information
he rejects. The farmer who holds even his own crops from week
it, would cast it aside as unworthy of confidence or trust.
EXCHANGE ON LONDON.
MAY 22.
ON
ON LONDON
our own
May 20.
3 mos.
96#
correspondent.]
London, Saturday, May 23,1874.
dry, and in some parts of the
the necessity for an abundant fall of rain is becoming
urgent. The days, though cloudless and bright, have been cold,
and the nights rather frosty, but the crops promise well on the
whole; the chief injury inflicted being upon the fruit and early
potato crops. In some localities it is stated that a large propor¬
tion of the fruit crop has been lo3t; but in Kent, which is a fruit
country par excellence, therj is every prospect of an abundant
yield of produce. With regard to the hay crop the promise is a
bad one. Dry days and cold nights have materially checked the
growth of the grass ; it is even yet, however, possible that with
warm, forcing weather the yield will prove to be an average oue.
Wheat appears to have thriven under the cold weather,and looks
healthy and strong. It is but natural indeed that so well-rooted a
plant as we possess this season should thrive during the recent
weather, and it would appear that the old saying will be confirmed
this year, that deficient grass crops are succeeded by an abundant
yield of cereal produce, and especially of wheat. Perhaps indeed
it is a misfortune that the yield of wheat promises to be abundant
at the expense of meat, for experience lias proved that the one we
can procure in quantity at a reasonable price, while of the other
only limited foreign supplies are available and the larger proj
portion of these is of very middling quality. The consumption
of meat in this country is now so great that there is more proba.
bilit.y of prices advancing than declining, and should the summer
be a dry one, the probability is that a still higher value will be
established. The supply of beasts and sheep in the country has
undoubtedly increased, and should there be a scarcity of food for
them, the first effect would be to cause largo supplies to be sent
to market, but the animals would be only half matured and con¬
sequently the loss will eventually become serious, as the meat
producing powers of the country will have been seriously
impaired. But yet we may enjoy what, in an agricultural sense,
is most opportune for the farmers, viz., “a dripping June.”
The old proverb says that it “ brings all things in tune,” and
there is no doubt that a genial fall of rain next month will vastly
augment the yield of agricultural produce.
In the wheat trade, during the week, there has been no impor¬
tant movement,
/The supplies of English grain offering are
very limited, and though millers continue to purchase with
extreme caution, holders are firm in their demands, and full
prices are obtained. The markets, both here and on the Conti¬
nent, are obviously regulated by the weather, and we may be
assured that the present condition of affairs will be continued
until something definite is known regarding the probable yield
of produce.
Tbe quantity of wheat now estimated to be afloat to the
United Kingdom amounts to 1,353,000 quarters, against 1,530,000
The weather continues very
country
last year.
The following
figures show the imports and exports of cerea*
produce into and from the United Kingdom since harvest, viz.,
from Sept. 1 to the close of last week, compared with th
corresponding periods in the three previous years;
Juno 6, 1874 J
There has been
IMPORTS.
1872-73.
1878-74.
...cwt. 29,884,873
6.960,173
Wheat
Barley
575
4
32,242,953
11.740,186
7,323,914
1,017,317
7,130,858
822,521
Oats....
Peas
Beans
3,058,988
11,336 663
4,835,572
Indian Corn
Flour
1,908,984
1,426,323
4,977,968
1871-72.
1870-71.
28,572,684
9,459,886
25,206,613
5.840,005
6,707,773
603,750
7,011,527
576,412
2,527,552
18,032.505
2,635,815
1,323,946
10,365,745
3,316,621
demand for
gold for export, and a fair
supply received from Australia and elsewhere has been sent into
the Bank. The price of silver has not materially changed, but
no
Mexican dollars have been in
experienced
are
an
Barley
1,697,914
230,216
Oats
Peas
Beans
78.131
10,100
2.804
cwt.
'
106,631
104,580
Indian Corn.
Flour....
2,098,442
16.399
99,877
6,233
1,840
29,243
15,330
7,647
5,041
20,807
57.804
2,743,663
103,847
1,327,054
60,027
14,762
16,882
68,708
1,322,864
Since I wrote the above, the drought haa been broken up by a
somewhat severe thunder-storm, and to day a genial rain is falling,
which must he productive of immense benefit.
and
have
The annexed quotations
Pixley & Abell:
Bar Gold.....
Bar Gold, fine
per oz.
per oz
per oz.
Bar Gold, reflnable
South American Doubloons
United States Gold Coin
s.
d.
s. d.
77 9 @
77 9 @
77 11 @
*
gold.
273,645
12,741
for China
improvement in price.
from the circular of Messrs.
EXPORTS
Wheat
demand
standard.
standard,
standard.
per oz
peroz..
@
....
76
3#@
SILVER.
d.
s.
Bar Silver, Fine
Bar Silver, containing 5 grs.
Fine Cake Silver
.per oz. standard last
Gold, per oz. standard
price.
do.
4
per oz.
,
Mexican Dollars
per oz.
Spanish Dollars (Carolus)
per oz..nonc
Five Franc
4
last price.
s.
10#@
11 @
no price
10#@
d.
....
.
..
....
here.
@
@
..
....
Pieces.
per oz.,none here.
following communication is from Mr. J. J. Mechi, of TipOwing
to
the
ministerial
crisis
in Paris and to apprehensions
tree Hall, Essex, and relates to the growing crop.
It is dated
with regard to the result of the existing difficulty, the stock
Wednesday, and, consequently, before the rains commenced:
markets have been less buoyant, and tli^se speculative securities
“An unusually warm April, which rapidly encouraged vegeta¬
tion, has been followed by more than a fortnight of piercing which are dealt in upon the Paris Bourse, such as Peruvian,
winds and severe night frosts, which have retarded vegetation. Turkish and Egyptian, have experienced a fall in value.
Luckily the weather has been dry, and the juvenile wheat ear is Egyptian, however, have chiefly suffered, as about £15,000,000 of
still safely ensconced, and not as last year, nearly protruded on
the last loan, which was unplaced, threatens the market. Peru¬
the occurring of the fatal frost on the 20th of May.
In this country the frosts have been favorable to the wheats on vian stocks, considering the magnitude of the late rise, have
well-farmed land, for they were over luxuriant and in danger of fairly supported that improvement, the general public having of
being laid prematurely had May been warm and wet. So I look late absorbed a large amount of the stock. United States, Rus¬
confidently for a very abundant wheat crop. Barleys,'which had
the advantage of the warm April, are in full and promising sian, Argentine, Brazilian and Chilian bonds have been firm with¬
out material variation in prices, and the value of American
plant—much more so than the late sown.
Early peas and potatoes have been sadly nipped. We have had railroad bonds has ^liad an upward tendency. The following
no frosts the last two nights, so that
probably the old saying may were the closing prices of consols, and the principal American
be realized, “ a dry May and a dripping June brings all things in
securities at to-day’s market:
tune.”
The
..
...
“
“
Trade
throughout the country remains extremely quiet; but it
is considered sound, and no doubt when the period shall have
arrived for the autumn trade, business will be conducted with
some
confidence.
This week’s Bank return shows
further
a
reduction of
£1,523,594 in the total of “ other securities.” There
is, therefore, ample evidence that the mercantile demand for
money is on a very limited scale, and the
furthur diminution will take place during
Console...
93#@ 93#
United States 6 per cent 5-20 bonds, ex 4-0
xd.104 @104&
do
1865 issue,
xd.107 @107#
do
1867issue
109#@109#
do
5 per cent. 10-40 bonds, ex 4-0
.
104 @104#
do
5 per cent Funded Loan, 1871, ex 4 0
xd.lG4#@104#
Atlantic and Gt West., 8 per cent. Debent’s.BischolTsheiirv's ctfa
@
Ditto Consolidated Bonds, 7 per Gent., Biscbofisheim’ seer till cates. 20 @ 22
Ditto 1st Mortgage, 7 per cent bonds
61 @62
Ditto 2d Mortgage, 7 per cent bonds
1
39 @40
Ditto 3d Mortgage
18 @ 18#
Erie Shares, ex 4-0
32 @ 32#
do preferred
52 @58
Ditto 6 per cent. Convertible Bonds,
94 @95
Ditto 7 per cent Consolidated Mortgage Bonds
89#@ 90#
Illinois Central Shares, $100 pd., ex 4-0
90 @91
Illinois and St. Louis Bridge, 1st mort
99 @100
Massachusetts 5 per cent, sterling bds, 1900
96 @ 98
Now Jersey United Canal and Rail hds
101 @102
New York Central $100 shares
87 @ 89
Panama Gen. Mort. 7 per cent, bonds, 1897
95 @97
probability is that a
the summer months.
Large supplies of gold are coming from New York and consider¬
able amounts of sovereigns are being received from South
America ; and, as there is no export demand of importance, it
would appear to be pretty safe to conclude that the Bank rate
will be reduced at an early date. Throughout the week the
Gen. Mort. 6 perct. bds, 1910
demand for accommodation has been extremely moderate, and the Pennsylvania
Virginia 6 per cent, bonds, ex 4-0
rates of discount are
follows
—
99#@100#
35
@40
The failure has been announced this week of Messrs.
OppenPer cent'
Per cent.
heim,
Schrader
&
Co.,
general
merchants
of
Mark
Lane.
The
4 months’ bank bills
Bank rate
4
314@4
6
months’
bank
bills
are
at
liabilities
estimated
3#@4
Open-market rates:
£G00,000. No estimate can yet be
30 and 60 days’ bills
4 and 0 months’trade bills. 4 @4#
3#@3#
formed of the result of the liquidation, as it depends entirely
8 months’bills
3#@3#
The rates of interest allowed by the joint-stock banks and upon the sale of a large amount of produce.
discount houses for deposits are subjoined:
Eugllsh Market Ileporta—Per Cable.
J oint stock banks
Discount houses at call
Discount houses with 7
now as
:
Per cent.
3 (§>....
3 @. .-
....
days’ notice
3#@
3#@....
...
Discount houses with 14 days’ notice...
The
abroad
following
are
the rates of discount at the principal cities
:
Bank
Paris
Amsterdam
Bank
Open
rate, market,
per cent, per cent.
.
—
Hamburg
4#
3#
4#
8#
3
per cent, per cent.
St. Petersburg
Brussels
4
Frankfort
Vienna and Trieste....
8)4
3
Antwerp
6
5
Bremen
celona
Lisbon and Oporto....
4#
6#
4#
6
4#
6#
5
8#
4#
4#
...
Turin, Florence
Berlin
and
Rome
3
Leipzig
Madrid, Cadiz and Bar¬
Open
rate, market
6
6
Genoa
7
7
New York
showing the present position of the Bank
England, the Bank rate of discount, the price of Consols*
the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40 Mule yarn fair second qualitj,
and the Bankers’ Clearing House return, compared with the
four previous years :
of
1870.
bank post bills
Public deposits
Other deposits
Government Securities.
Other securities
Reserve of notes and
coin
Coin and bullion in
both departments....
Bank-rate
Consols
..
English wheat
Mia. Upland cotton
No.40 mule yarn fair 2d
£
23,183,867
1871.
£
24,463.777
1872.
£
1873.
£
25,835,917 26,036,271
1874.
£
26,558,067
17,102,789
22,033,956
13,384,025
24,860.913
6,785,152
18,188,698
13,905,461
18,723,678
12,601,793
15,606,724
10,263,690 10,080,958
10,468,005
20,406.898
3p. c.
94#d.
24,547,709 20.751,535
2)4 p. c.
5 p. c.
93#d.
93#d.
20,723,048
91,615,835
9,549,607
8,898,026
16,024,315. 18,478,783
12,976,001 12,958,741
10,261,213
17,247,746
13,308,829
18,059,969
55s. 3d.
10#d.
58s. lOd.
7#d.
56#s.
ll#d.
12,359,050
17,810,666
6 p. c.
93# d.
55s. lOd.
8#d.
4 p. c
93# d.
62s. Id.
8#d.*
Is. l#d.*
Is. 2d.
Is. 3#d.
quality
Is. 8#d. ls.0#d.
Clearing House return. 65,475,000 76,415,000 98,619,000 141,884,000 141,761,000
♦Price* May 7.
an advance.
The rate of discount of the Bank of
quoted At
England has been further
reduced last week from 4 to 3
cent, the bullion having increased £632,000 during the week,’
reduced from 3£, to
per
which it
Mon.
Tues.
Wed.
03#
32#
.107#
.109#
93#
92#
107#
109#
92#
92#
101#
X02#
92#
107#
109#
104#
105
105
.
.105
The
was
Sat.
;
6-7
Annexed is a statement
Circulation, including
closing quotations in the markets of London and Liver¬
pool for the past week have been reported by submarine telegraph
as shown in the following summary:
London Money and Stock Market.—United States secuiifies are
The daily
Thur.
Fri.
92#
92#
»2#
108#
92#
108
108#
109#
110
104#
104#
104#
105
105
105
110
quotations for United States 6s (1862) at Frankfort were;
IT. S. 6s(5-208) 1862
....
98#
98#
98#
98#
98#
96#
Liverpool Cotton Market.—See special report of cotton.
Liverpool Breadstufis Market.—Breadstuffs close dull and lower*
sat.
s.
Flour (Western)
# bbl
Wheat (Red W’n. spr)..# ctl
27
11
“ 12
(Red Winter)
•*
(Cal. White club) “ 12
Corn (West, m’d) $1 quarter 36
Peas (Canadian)... $ auarter 42
“
d.
6
0
0
10
6
0
Mon.
s. d.
27 6
11 0
12 0
12 10
36 6
42 0
Tues.
s. d.
27 6
10 9
12
36
42
9
0
0
Wed.
d.
27 6
10 9
8.
12
36
42
9
0
0
Thur.
8.
27
10
12
12
35
42
Fri.
d.
d.
8.
0
8
0
9
6
0
27
10
12
12
0
8
35
0
40
6
0
8
Liverpool Provisions Market.—Cheese is lower; bacon and lard
quoted at higher figures.
are
d.
Mon.
s. d.
93 6
67 6
46 9
50 0
76 0
93 6
67 6
46 6
50 0
71 0
Sat.
s.
Beef (mess) new # tee
Pork (mess) new Wbbl...
Bacon (long cl. mid.)# cwt
Lard (American)—>
Cheese(Amer’n fine) “
Tues.
s. d.
93
67
46
SO
71
6
6
6
0
0
Wed.
8. d.
93
67
46
61
71
6
6
6
0
0
Thur.
8. d.
98
67
46
52
71
6
6
8
0
0
Fri.
e.
,
d
93 0
67
47
6
6
62
o
Liverpool Produce Market.—Petroleum and spirits turpentine
are
lower, while tallow hat gained 9d, during the week,
THE CHRONICLE
576
Mon.
8. d.
6 9
14 0
1 0
Sat.
d.
6 9
cwt..
a
14 0
Vgal 1 0
8.
2ne.
•
n
,»pnita;.
8X
8.X
1 cwt. 38
<»
37
6
38
6
0
6
6
14
1
38
38
6
9
0
0
39
37
29
0
—We notice the formation of a new firm in the banking
line,
viz.: Messrs. William T. Meredith & Co. The firm is composed of
Mr. William T. Meredith, long and favorably known on the
8.
«X
ex
8X
ex
Frl.
d.
6 9
14 0
11
Thnr.
d.
s.
6 9
14 0
1 0
Wed.
s. d.
Tues.
s. d.
6 9
14 0
1 0
0
89
0
37 0
0
0
37 0
37
37 0
4k
0
.29 0
29
29 0
30 0
29 6
Spirits turpentine...
London Produce and Oil Markets— Sugar is quoted 6d. lower.
Mon.
Tues.
Wed.
Thur.
Frl.
Sat.
£ s. d. £ s. d. £ s. d
£ s. d. £ s. d.
£ f. d.
10 15 0 10 15 0 10 15 0
10 15 0 10 15 0
LlnB’dc’ke(obl).^ tn 10 15 0
62 3
62 3
62 3
62 3
62 3
Linseed (Calcutta)....
62 3
spot, # cwt
26 0
Sperm oil
$ ton 104 0 0
Linseed oil..
..
“
33
0 0
“
28
0 0
25
0 104,0
0 33 0
0 28 3
6
25
on
Whale oil
street, and his brother. Mr. J. Dennie
Meredith, as general part¬
and Mr. James Roosevelt of Hyde Park, as special partner,
who contributes seventy five thousand dollars to the cipital of
ners,
the
firm. The new house has located in the offices No. 87
William street, and propose to buy and sell b.mds, commercial
bills and securities, and transact a general banking business.
—The new banking bouse of
card appears in our advertising
vative
Sugar(No.l2D’ch std)
104
33
28
0
0
3
•
25
104 0
33 0
28 3
25 6
6
0 104 0 0
0 83 0 0
0 28 3 0
25
6
0 104 0
0 33 0
0 IS 3
[Juno 6,1874
6
0
0
COMVIKKOIAL AND MISCELLANEOUS NEWS.
business, buying and selling-strictly on commission, acting
fiscal agents,
est is allowed.
and receiving deposits on which 5 per cent inter¬
They offer to the public the facilities usual to in¬
corporated banks with the addition that accounts current are*
rendered weekly, thereby keeping their correspondents fully ad¬
vised of the state of their accounts. They offer bills of exchange;
as
on
Imports and Exports for tab Week.—The imports this
week show a decrease in both dry goods and
general mer¬
chandise. The total imports amount' to $8,580,605 this week,
Messrs. Livingston & Co., whose*
columns, proposes to do a conser¬
London and the Continent
at
favorable rates.
—Messrs.
Drexel, Morgan & Co., are offering to inv; vors
$500,000 of the Baltimore Washington & Alexandria branch of
the Washington City & Point Lookout Railroad Company at 95
$7,523,869 the previous week. and accrued interest. This road is leased
by the Baltimore &
week, against $5,376,034 last Ohio Railroad Company, one of the staunchest corporations in
week, and $6,604,654 the previous week. The exports ot cotton the United States, which contracts to pay
the interest on the
the past week were 2,320 bales, against 3,273 bales last week. bonds and to
provide
a siuking fund sufficient to retire the same
The following are the imports at New York for week ending
prior to maturity, a certificate to this effect being attached to
(for dry goods) May 28, and for the week ending (for general each bond.
merchandise) May 29 :
—Mr. C. C. Norvell, who for twenty years has occupied the rev
FOREIGN IMPORTS AT NSW YCUK FOR THE WEEK.
1871.
1872.
1878.
sponsible position of financial editor of the New York Times, has
1874.
Dry goods
$2,0; 6.085
$2,423,108
$1,057,804
$1,456,459 resigned, and will shortly be relieved from duty at lii.i own re¬
General merchandise..^
5,605,3.0
9,812,674
5,458,117
7,124,146 quest. Mr. Norvell has edited the financial column of the Times
with honor to himself and the paper, and is well known as a
Total for the week..
$6,515,921
$7,671,435
$12,235,702
'$8,580,605
Previously reported.... 159 271,452
191,467,277
186,035,562
170.126,285 veteran among the financial writers of this city. He will carry
with him in his retirement the warm wishes of his many friends
Since Jan. 1
$166,942,887
$203,703,059
$192,551,463 $178,706,890
against $11,376,203 last week, and
The exports are $5,158,171 this
,
In
our
report of the dry goods trade will be found the imports of
for his future success.
—The United States
Mortgage Company, with a capital of
$5,000,000 in gold, represented on both sides of the Atlantic, and
whose New York Board of Management embraces some of the
very best banking names in the city, such as Mr. Samuel D. Bab¬
June 2 :
cock, Mr. Duncan, Mr. Hutton, Mr. Pierpont Morgan, Mr. Dows,
EXPORTS FROM NEW YORK FOR THE WEEK
and others, is now offering its bonds to investors as a good, safe
1871.
1872.
1873.
1874.
For the week
$4,587,762
$3,831,742
$5,396,442
$5,158,171 security.
—Messrs. Wm. T. Meredith & Co. are offering Newark City
Previously reported..
112,680/92
98 0.8,079
111,328,636
8^.540.185
seven per cent bonds, both
coupon and registered ; also, Cleve¬
Since Jan. 1
$102,615,841
$92,371,927 $116,725,078
$117,839,063
land City seven per cent bonds. These are both securities of
The following will show the exports ot specie from the port of
New York for the week ending May 29, 1874, and since the leading cities, and should command the attention of investors,
executors and others.
The advertisement will be found on
beginning of the year, with a comparison for the corresponding
dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, for the week ending
.
date in pre"io"P
another page.
Years :
May 26—Str. Columbus
May 27—Str. Russia
....
Havana
Liverpool
American gold coin...
Gobi bars
American go>d coin...
Am. double eagles.....
Havana
May 28—Str. City of Havana
4,302
800,000
65.000
American gold......
Am.
May 28—Str. Holsatia
$68,000
Hamburg
For London
25,n00
$20 gold pieces.
Silver bars.
21,000
23,539
.
Silver bars
Gold bars
1;,4R2
U. S. silver coin
Gold bars
Silver bars
U. S. gold coin
May 29—Str. China
Liverpool
May 29—Schr. M. M. Heath
Maracaibo
425.316
37 746
575.000
Silver bars
American gold coin..
U. S. gold...
30,000
$2,214,437
19.303,518
Previously reported
1871.
18,052
50.000
1, 1874
I
$21,517,985
Same time in—
$21,146,737 ' 1869
26.717,264 | 1668
$73.116 354
34.395,861 ' 1867
13,452.669 | 1866
17,255.788
*
1870
The imports of specie at
been as follows:
May 25—Str. Henry Chauncey
May 25—Str. City of Mexico
37.159,712
33,2^6,779
this port during the past week have
Aspinwall
Vera Cruz
Silver
$400
Gold
Silver bullion
2,614
410
Silver
687,586
Gold.
May 26—Srhr. Eotben
May 27- Str. Morro Castle
May28—Sir. Etna
Aux Cayes
Havana
Kingston
May 29—Str. City of New York... Havana
Silver
Gold
Sdver
Gold
Silver
Total for the week
....
.
973
1, 1874
I
$1,787,481
I
Same time in-
$8,807,886
706,535 1868
3,043/80 ! 1867
6,98?,090|
3,241,313
1,056,573
—Messrs.
Duncan, Mathews & Co., of Philadelphia, have estab
lislud, in addition to their Philadelphia house, a bankiug house
in this city.
The firm is well known in the West India trade, Mr.
Mathews being connected with the old established house of Smith
& Co., of Cardenas, Cuba. At the New York establishment they
propose to buy and sell Government and other securities on com¬
mission, make collections on all accessible points, buy and sell
exchange on Europe and the West India Islands, advance on
approved consignments to their friends in Cuba or elsewhere,
allow four per cent interest on deposits, subject to check at sight,
and irake a specialty of attending to the business of banks and
bankers out of town, transacting a general banking business in
all its branches. We call the attention of our readers to their
York, having contracted with responsible parties, can, for the coining
week, negotiate Stock Privileges at the fo lowing distance from the market
price of the stock. A Put or Call on 100 shares, including commission, will
cost $106 25, and for a Double Privilege the cost will be $212 50.
Privilege
Certificates for Icbs than 100 shares will be issued at the
“>*tn 8.”
same
Price.
IX
sx
2
IX
...
IX
1%
1%
IX
...
...
...
...
2X
2
3
2X
2X
IX
2X
2X
2%
ix
IX
...
2
3X
2
1
....
IX
2X
IX
2X
2X
2X
IX
IX
IX
3
3
2
...
DOUBLE
PPIVI LEGES.
Distance
from Market.
2X
2>jj
2X
...
rates.
“C*LT.8.”
Above
Market
Below
M:r^et
Price.
Rates forwepk ending
Jnne 13,1874.
N. Y. Central
Lake Shore
Erie
Rock Island
Wabash
Eorthwe.-tern
M'l. & St. Paul
Ohio & Mississippi
C.C.&IC
Union Pacific
Weste n Union
Pacific Mall
2
ax
A copy
of the last number of the Wall Street Reporter, containing a full
report of the operations of the past wreek, and explaining how large profits
are made in stock speculations, with but a small risk of loss, will be mailed
free to any address.
COTTON
CONTRACTS'
Advances made
on
Bought and sold on Commission only
Exchange Collaterals.
Cotton and approved Stock
$2,280,541
I860
business card in to-day’s issue of The Chronicle.
L. W. HAMILTON & CO.. Stock and Privilege Brokers, 48 Broad street,
New
2,032
$710,079
1,570,462
Previously reported..
Total since Jan.
Same time in—
1873
1872
1871
1870
6.820
4,500
3.300
1,444
their
BANKING AND FINANCIAL.
6/00
Total for the week
Total since Jan.
Same time in—
1873
1872
Greenebaum Brothers & Co. have established
25,000
29.000
Foreign silver coin...
For Paris
—Messrs
principal Banking-house at No. 1 Nassau street, corner of Wall.
They will continue their late office, No. 218 Broadway, for the
present as a branch office.
Mr. Elias Greenebaum, late of
Chicago, has become a member of the firm, both here and in
Chicago.
R. M. WATERS &
CO., 56 Broad street.
RAILROAD BONES.—Whether you wish to BUY or SELL write to
HASSLER & CO., No. 7 Wall street,
N. Y.
PRIVILEGES.—Our large purchases of “Puts,” “Calls” and
ns to quote extremely low rates for A-l contracts. We are
prepared to negotiate up to June 6 at the following distances from the market:
On Puts or Calls $50 for 50 shares, $100 for 100 shares. Spreads. .$100 for 50
shares ; $200 on 100 shares on any stock for 30 days, exclusive of commission.
STOCK
Spreads enable
8PR* ADS,
G^od to
.June 13.
Harlem
Rock Island...
N. Y. < entral.
Lake Shore...
West. Union..
NT. .1. Central.
Wabash
Northwest
PUTS,
be ow
m.rket.
...
...
...
...
sx
IX
IX
2
2X
IX
2X
2X
Address orders to
...
..
..
cat. is.
from
above market
market pr.ee.
4X
2V
IX
3
3X
IX
3
8
3X
IX
IX
2X
2X
hi RKAJ
'
PUTS,
Good forw’k below
maiket.
end’g May 80.
S
Paul
!X
< bios
IX
Union Pacific.
2X
.
...
2X
2X
Gold,$50 for 10 M
1
.
...
.
...
price.
IX
Is4
ix
2
2
S
IX
2
2
2X
X
IX
2*
IX
IX
X
...
O., C. & I. C...
above
et
2w
mar
S,
frrm
market
2X
2X
...
Pacific Mail..
Han. & St. Jos
Erie...
C» LI.S,
X
TUMBRIDGE & CO., Bankers and Brokers,
2 Wall street, corner JBroadway, N.
Y.
June 6 1874.'
577
THE CHRONICLE
dl)c Banker©’
Closing prices daily have been
(ftalette.
Int.
period.
5b, funded, 1881, ..coup. ..Quarterly.
6s, 1881
reg. .Jan. & July.
68, 1881
coup. .Jan. & July.
DIVIDENDS.
The following Dividends have been declared during: the past week :
Per
Cent.
Company.
Railroad*).
Central Ofcio. pref and com
New York, New H iven & Hartford
When
P’af-v
Books Closed.
v-1
June 23 June 5 to June 24
1 June 10 to July 7
July
3
5
6s, 5 20’s, 1862
hs, 5-20’s, 1864
68, 5-20’s, 1865
follows:
as
May
Friday. Jane 5, 1874—6 P. M.
market and
Financial
Situation.
The
—
^principal features of the past week have been the retirement of
June
2.
3.
June
June
4.
115
5.
115 V 115V *'14V
116 V *116* 117
*121V *121 V *'21 V
114V
116V 116V
*!21V *121V
ll^V *115V ♦115 V 115V 115V
*H7V 117V ♦116V 117 ♦F6V
*118
118V *117V H7V l’fi
*120
*120
*110V *!1«V 1!9V
l’ov 120 V *!20V 120v *12f V
120
♦120V
V ♦120V 120V 120V
11 tv ♦114V *1141* 114V 114 V
\UH ♦114V *114 V ♦111V ♦114V
*X14V ♦114V -114V ♦114V *1HV
*
.May & Nov.
coup. .May & Nov.
coup. .May & Nov.
6s. 5-20’s,1865 new,coup. .Jan. & July.
68, 5-20’s, 1867
coup. .Jan. & July.
6s, 5-20’8, 1868
coup. .Jan. & July.
5s, 10 40’s
reg. Mar. & Sept.
5b, 10-40’b
coup. .Mar. & Sept.
6s Currency....
reg. .Jan. & July.
:
coup.
June
1.
cd
12
*3
H
.
The Money
June
30.
*
I
This is the price bid, no sale was -nade at the Board.
*
The range in prices since Jan. 1 and the amount of each class
of bonds outstanding June 1, 1874, were as follows:
.Mr. Richardson and appointment of Gen. Bristow to his place as
^Secretary of the Treasury; the calling in of $5,000,000 more of
—Range since Jan. 1.
Amount June 1.
•the 5-20s of 1862 against the reputed negotiation of the same
Lowest.
Highest
Connon.
Registered.
5s, funded 1881....coup.. Ill Jan. 2 117 Apr. 28 $177,650,150 $137,792 550
amount of 5* of 1881; and in railroad circles the occurrence of
3
6s, 1881
reg.. 115V Jan.
120V May 27 193,184,500
3 122
89.551.850
coup. 117 " Jan.
Apr. 29
several important elections of directors and officers. Mr. Richard¬ 6s, 1881.
6s, 5-20’8, 1862
coup
112V Jan. t 118V Apr. 29
16,598.300 151.399.600
son had become unpopular with the country as Secretary
6 120V Apr. 29
Jan.
25.057.550
coup.. 114
33/35.250
of the 6s, 5-20’8, 1864
Jan.
3 121V Apr. 15
6e, 5-20’s, 1865
33.789.750 118.744.600
coup.. 115
Treasury—whether justly or unjustly it is not our purpose in this 6s, 5-20’s, 1865, new coup.. 114V Jan. 3 120V Apr.
56.874
900
29
145,758 200
5-20’8, 1867
coup.. 114V Jan.
2 120V Apr. 30
87,809,5^0 222.*44 850
place to inquire—and since the fact was so, his retirement is 6s,
13.916.500
6s, 5-20’s, 1868
coup.. 114
Jan. 20 :20‘-4 June 2
23,557,500
.'favorably received in business circles.
5s, 10-40’s
reg.. 110V Feb.
2 115V May 22 141,lie,000
1
coup.. 112V Mch. 2 lr>V Feb. 28
53,451,800
-In tfoe money market call loans are easier than at any previous 5s, 10-40’8
6b,Currency
reg..114 Jan. 6 117M Apr. 2
64,623,512
’time, and at 2 per cent on Government collateral almost any
State and Railroad Bonds—There has been but a limited
-amount of money can be obtained, while the ordinary quotations
business in State bonds, and Tennessees which are among the
miscellaneous collaterals are 2@3 per cent.
Commercial paper most active bonds, are lower. In railroad bonds there lias b^en
follows the call loan market and is easier than before, the quota¬ only a moderate business ; the prominent Pacific issues having
been depressed by the fear of hostile legislation by Congress.
tions for prime names being 4|@6 per cent.
In addition to loans negotiated in London for the Central
Cable advices on Thursday reported still easier money in Lon¬ R. R of N. J., and the Northern
Central
of Pa., which
don, the Bank rate having been further reduced to 3 percent on a are referred to elsewhere in our columns, cable advices report
that the Eastern Railroad of Mass, have also negotiated
gain in bullion for the week of £632,000, and money in the open today
bonds to the extent of
.
,
.
£400.000.
market is lower than the Bank rate.
As
to
the statistics of the
Closing prices dailv.and the
foreign trade for the whole country,
it will be observed from the statement below that what is called
May
30
5sTenn., old
the “balance of trade”
was
in favor of the United States for the
eight months of the current fiscal year.
From Monthly Report No. 8 of the Bureau of Statistics now in
press, it appears thai the total figures of our foreign trade for the
month ended February 28, 1874, and the eight months ended the
Tenn., new
6s N. Car.,old....
6s N. Car., new...
«
follows:
same, were as
Domestic exports,
Period*.
Import*.
Month ended February 28, 1874
$19,954,727
Month ended Februtrv 28, 1873
55 118,552
Eight months ended February 23, ’74 379,729,585
Of the total
trade for
1874 and 1873, the
and of
the
Foreign
exports.
$51,8 0.520
54.830/96
$2,403,087
381,136,953
1,810,003
15,260,556
17,780,900
eight months ended February 23,
following amounts consisted of merchandise
specie and bullion, respectively
:
Domestic.
Exports
(mixed values.)
.
Imports.
Foreign.
Exports.
Merchandise, 1874
...$355,867,143
$379,587 031
$10,772,062
Specie and bullion, 1874
23,862,422
33.061,261
4.488,494
Merchandise, 1873
418,938 040
327.628.259
10,338,881
Specie and bullion, 1873
15,371,491
56,508,694
7,442,019
lhe total value of foreign commodities remaining in warehouse
Fe1 ruary 28, 1874, was $54,894,690 against $66,720,555
February
28, f -3.
Allowing for the difference in warehouse, the exports for the
-eight months ended February 28, 1874, were in excess of the
imports to the amount of $36,353,398, whilst for the correspond¬
ing period of 1873 the reverge was the case, as the imports
exceeded the exports
and
a
by $38,407,497.
following table shows the changes from
comparison with 1873 and 1872
week
previous
:
-1874.-
1873.
1872.
May 29.
May 23.
Differences.
Jrn «1.
May 31.
Loans anadis. $282,814,400 $280,558,100 Dec. $2,256,300 $277,958 80(>
$284 674,800
Specie
26,022.300 25,517 400 Dec.
50»,900
19.482,000
2l.26>,800
Circulation....
Net deposits..
Legal tenders.
United
been dull
26,8 0.9.10
23i,243,300
59.853.400
States
26,727,500 Dec.
232,404,300 Dec.
61.456.700 inc..
73 400
1,839,0:0
1,603,300
27,447,100
2'>8,ll v500
44,332.300
2/522,000
226,070.900
53,780,500
Bonds.—The market for Governments has
during most of the week, but
a little more active to¬
strong in consequence of
the easier ;money, but with
declining gold here, foreign
bankers have not been purchasers to any important extent. The
principal event of the week was the calling in by tlie Treasu/y of
$5,000,000 more of the 5-20’s of 1862, on which interest will cease
September 3. The bonds are specified as follows :
wards the close.
Prices in London
bonds.
The bonds are called in against the reported sale of $5,000,000
of the 5’s of 1881, and the Times says : Messrs. L. Von Hoffman
& Co., and Messrs. Philip
chase of the
pew
bonds.
•
Speyer fy Co.
are
credited with the
pur¬
r
97
This
ia
3.
•81
•81
*S1
W
37V
78 V
....
*20
’20
*30
*23
•28
*50V
*50V
*50V
*5
t;V
*106
*101
*106
►11
*!5
‘U7
92 V
86 V
*11
•10
9>V
87
.
36V
"80
8*2
*103V
*106
” 06
97 V
7-.
78V
8.'V
8.V
.
*13
97
....
....
*105* 10-% *106
105V 106
106
lt6V
lO^V
*105V
Jan.
Jan.
79
*20
82V
-Since Jan. 1.—
79
‘20V
*9TV
92 V
36V
78 V
l,have been:
Lowest.
4.
•30
>10
;
•82 V
o
Income.
...
8
9
20 V May
•16
.Tan.
6
40
9
«lac.
50
Feb. 17
10V May 13
Apr. 28
90V Jan. 2
7
Highest.
91V Mrh 11
9'V Mch 20
!9V Jan 24
21V Mch 21
42
Jan. 30
53V Jan. 27
11V Feb. 13
11
Jan
»2
98
May 25
May 22 96V Jan. 'i
HIVJai. 2 87V M)iy T9
8>
75
85
Mch 31
89
Mch. 27
5 105
Apr. 7
Feb. » 109 Anr. 28
Jan. 27 106V Mch. 19
Jan.
61106V June 5
May 21
73V Jan. 9
101
Jan.
102V
104
101
the price bid. no sale was made at the Board.
Railroad
and
Wlucellaneonii Stock*.—'The
stock market
bus been
depressed, and although there have been occasional
the general tone has been weak and
prices are, as a rule, 1@2 per cent, lower than last week. The
determination to pay a dividend of 2 per cent, on Western Union
Telegraph could hardly be regarded as a material support to that
stock, as many had anticipated a scrip dividend of 20 per cent, or
more.
The following statement is published showing the earn¬
ings and expenses ot the Lake Shore and Michigan Southern
Railway from January 1 to April 30, for this year and for 1373:
towards firmer prices,
Earnings.
1873
1874
$6,530,160 80
5,789,752 90
Expenses.
$4,377,982 06
3,601.317 46
Dec
Inc
$740,407 90
$773,664 60
Net Earnings.
$2,152,178 74
2,135,435 44
—
$33,256 70
—
—
At the election in
Chicago to-day, the Chicago and North¬
Company elected six direstors to serve three years,
namely: J. F. Tracy, B. Alien of Chicago, David Dows, F\ H.
Tows, and A. B. Bavlis of New York. The board subsequently
re-elected the old officers lor the ensuing year. Tho following
resolution was $ben adopted by a unanimous vote of the stock¬
western
holders
:
we approve the action of the Directors and Officers of this
Company in cont sting the validity of the recent legislation prescribing
arhritrary. unj 'Stand inadeqna e tariffs for the transportation of freight and
passengers in Wisconsin ; that we look upon su<-h le i-lation as in violation
of the rights granted to this company in our cha-ters and au attempt at prac¬
tical confiscation of private property, and a withdrawal of that protection
which the laws of the State afford to all other property within its boundaries.
The daily highest and lowest prices have been as follows:
Resolved. That
Satu
are
Coupon bonds, known as the third series, act ot February 25, 1862, dated
May 1 1862, as follows: Coupon bonds—$50, No. 10,601 to No. 12.100, both in¬
clusive; $ 100, No. 34,001 to No. 37,400, both inclusive ; $500, No 17.601 to No.
19,300, both inclusive; $1,<00. No. 41.001 to No. 46,100. both inclusive; to al
$4.500,Out). Registered Bonds—$50, No. 1,411 to No. 1,450. both inc’ndve ;
$100, No. 10,561 to No. 10,6-0, both inclusive; $500, No. 6.3 >1 to No. 6,390,
both inclusive; $1,000, No. 25,651 to No. 26,100. both inclusive; $5.c00
No.
8.101 to No. 8,3"0, both inclusive; $10,000, No. 10,32! to No. 10,509, both in¬
clusive; grand total. $50'.000. Of the amount outstanding (embraced in the
numbers as above), $4,530,000 are coupon bonds, and $500 U00 are
registered
'll
range since Jan.
ne June June
2.
•SL
*
~
Erie lat M. 7a
N. J. Cen. lat 7s..
Ft Wayne lat 7s.
Roc«: laid lat 7s...
turns
■
The
Virg., old
do
conaolid.
do
deferred.
6a S. C., J. & J....
8s Missouri
Cent. Pac., gold.,
Un Pac., lat
do
L’d Gr’t
do
(specie values.)
412,648 292
Eight months ended February 28, ’73 414,309,531
6a
1.
'82
"82
*20
6a
first
June June J
Ma
N.Y.CeD.AH.K.
Harlem
Erie
Lake Shore....
Wabaah
Northwest
do
pref.
Rock Island...
St. Paul.
do
nref....
At.* Pac..pref.
Ohio & .Miss...
Boat., H. & E..
Central
o;
N.j.
Del., L.& West
Ran. & St. Jos.
Onion Pacific..
Col.Cuic.&i.C.
Panama
.
day,
39.
Monday,
21
West, Un. Tel.
do
pref.
Pacific Mail....
Adams Exp
American Ex..
...
(Jaited States..
Wells, Fargo..
23
24!^
IV
*'V
’V
106V 106V #106V
10'* 109V 109
*26V
•27V 28V
19
19
■72V
73V
.
Quicksilver....
Tuesday, Wednesday, Thursday,
June 1.
J'ine 2.
97V 98V
95% 97V
128 V 129
*127 128 ^
32V
32V 32%
70V 73V
73V 7;v
36 ^ 3'V
34V 3'»V
38V 3IV
3*V 40V
57V 58
5>V 5< V
96 V 97 V
95V 9CV
32
33
3<V 34V
53 V :3 V
52
52
15V 15V
15V !5V
2iV
18V
106*
71V
*25
25
*
...
June 3.
97
97V
12,5V 127
BiV 33V
June 4.
97V
97
128
128
Friday,
June 5.
97
97V
129
129
33 V 33 V
83 V
7'V 72V
72V 73V
72V
35V 36
«5V 35V
34V
38V 39 V
38V 39V
3 H
56* 57
56
5'V
56
95V ?«V
95 V 96 V
95V
32V 3:«
8-V
32V 32V
52V 5 V
52V 52V
15
15
15
15V 15V
23 V
23V 23V
‘28
23V 2>V
*1
IV
*l V
’V
*1
1V
106V *106
106 V *10«V 106V *106
109V I0-<V'-08V HHV I0-V 108V
*26
27V *25
29
25V
26 M
v5V 26V
25V 26V
25V
18V
18V I9
1SV
18V
106V 10 :V 106 V *
1"7 *106 V
71V
71V 73
72 V 72V
72V
•21
25
‘24*,
*23
2s
31
*21V
*
39
*.... 30
42V 41V 42V 41V 42V 3'V
•lll-V
....*105 105* 105 1"5
*.... 64V *6l
64
64
64
....
42V 43V
41V
107V 107* *106
61* 63V
64
67
67
’C6V 67V
^*75V 76V *76.V ....
TblB la the price bid and asked: no sale waa
331*
*«7
*76
67V
....
72V
3'V
89
56V
9 V
32V
53
16
23V
IV
Wfi.V
10«V
>6 V
25V
laV
72 V
26
30
4'V
106
64 V
68
67V 68
•77V 78V
’76V 79
*6'V
made at the Board.
57a
THB CHRONICLE
Tlie entire range from Jan. 1,1873* to this date was as follows:
-Jan. 1, 1874t to date.
-Whole y ear 1873.—
Lowest.
Lowest.
Highest.
Highest.
N. Y. Cen. & Hud. R... 95% May 19 105% Mch. 11
77% Nov. 5 106% Feb.
Harlem
118% Jan.
134% Feb. 18 90 Sept. 19 140
Apr.
[June 6, 1874.
5 per cents of $5,000,000. The demand for
exchange continues
quite moderate. Nominal rates are as follows :
-June 5.
.
Erie
Lake Shore
Wabash
Northwest
do
Rock
32% June
51% Jan.
70% June
84% Jan.
34% June
55% Jan.
38% June
62% Jan.
51% June
78% Feb.
94% May 19 109% Feb.
31% May 18 49% Jan.
pref
Island
15
16
16
35% Nov.
22
36
,
The latest railroad
earnings reported
Latest
10
85
79% Nov.
’
Bur.,C. Rap.&Minn. 2d week of May.
Central Pacific
Month
of
16,900
52% Feb.
39% Jan.
18
25
Sept. 30 46% Jan.
25
76
76% Feb.
39,132
805,802
247,025
405,905
553,912
.
do
branches.
St. L., I. Mt.& South
St. L., Kans. C. & N.
St. L. & Southeast..
19,063
3d week of
May.
3d week of May.
1st week of May.
2d week of May.
Toledo, P.&Warsaw 3d week of May.
Tol., Wab. & West. 3d week of May.
Union Pacific
West Wisconsin
Month of
Month of
10,377
03,018
43,232
18,183
22,610
93,514
Men.
687,026
79,117
Apr.
124,045
352,298
44
44
129,239
258,871
227,276
338,708
24,423
8,041
58,244
52,014
23,778
23,802
106,504
708,257
70,975
343,905
3,650,530
185,527
2,693,778
3,937,682
1,809,177
2,414,341
427,383
998,358
2,780,560
940,622
582.647
l ohs.F'.’O
1,252,668
443,484
539.619
191,653
226,665
929,174
923,997
452,711
430,663
1,991,015
1,724.015
226,598
820.647
796,072
453,619
435,406
-
Lapsley & Bazley, Brokers, 74 Broadway and 9 New
quote stock ]privileges,
' “
$100 for 100 shares, 30 days ; $150
Members New
v York Stock Exchange or responsible
parties),
tance from the market.
Puts
Calls
j
June 5, 1874.
below.
above. I
Gold for % bonus..
Rock Island
%# %
%(ftl
W. Union Tel
1 %(ft26<
Mil. & St. Paul.
3 (ft5
Pacific Mall
1 @2%
Wabash
2%@4
N. Y. C. & Hud...
1
I Ohio* Mississippi.
Harlem
8
4 (afi
<ft5
I Union Pacific
Erie
1%@3
2}/<ft4
J Han. & St. Joseph.
hake Shore
lX<ft2%
2K(ft3% (J., C. & I. C
Northwestern
2 @3
2%(ft4
..
street
to $200, 60 days (on
at the following dis
Puts
Calls
below.
above.
iy@2%
I%(ft2!4
13*(ft2%
1 (ftl6$
I%(ft2%
1,4@2*'
2>4'@4
4
3%
!%<ft2*
2
@3*
2*(ft3%
1%@3
1
The Gold Market.—Gold lias been
exceedingly dull at a
lower range in price.
There is no stimulus to tlie market from
any quarter, and the export movement now in progress fails thus
far to call out auy speculative support.
The shipments this
week have approached $2,000,000, and the engagements for to¬
morrow’s steamers are reported at $500,000. On gold loans to¬
day the rates were 1.1^, 2, 2-J,
also made flat. The Treasury
and 3 for carrying, and loans were
sales during June are to be $1,500,000 on Thursday, the 4tli and 18th each, and $1,000,000 on
Thursday, the llli and 25th each. At the sale of $1,500,000 on
Thursday last the total bids amounted to $3,405,000. Customs
receipts of the week were $1,983,000.
The following table will show the course of the gold
premiums
each day of the past week :
Quotations.
,
Open- Low- High- Closing. est. est. ing.
,
Saturday, May 30
Monday, June 1 ...112% 112
Tuesday,
“
2.... 112% 112
Wednesday,4*
3....112
111%
Thursday,
“
4....111% 111%
Friday,
“ 5....111% 111%
Total
Clearings.
Holiday
112%
112%
112
111%
111%
112%
112
111%
111%
111%
15,644,000
20,269,000
25,370,000
57.016,000
39,617,000
,
44
Balances.
Gold.
Currency.
can
following
coin:
Sovereigns
Napoleons
German X thalers
Prussian X thalers
German Kronen
X guilders
Spanish doubloons
are
$4 87 @ $4 92
3 85 (ft 3 90
7 85 (ft 8 00
8 00
6 50
3 90
16 25
(ft 8 15
(ft 6 70
(ft 4 20
(ft 16 75
(ft 15 75
New York
Patriot doubloons
15 60
American silver (new).. — 94 (ft
Fine silver bars
1 28%(ft
—
96
129
Foreign Exchange.—The
4
Specie thalers
! Mexican dollars..
Spanish dollars.
—
1 04
99
93
—
—
(ft
(ft
(ft
1 06
1 01
1 CO
ably steady during tlie early part of this week, without any
change in nominal quotations, but during the past two days the
been easier, and rates about £ lower for actual business.
The principal cause for easier prices is found in the fact that
money is lower in London, and also that a loan of £2,000,000 has
tone has
just been negotiated abroad by the New Jersey Central Railroad,
by mortgage on tlie Wyoming Coal & Iron Company’s
property, the loan to be taken in four periodical' instalments of
£500,000 each. Several other loans are also reported as just
completed, against which the Exchange will soon appear in our
market.
The whole amount of the loans reported the past few
days thus amounts to some $14,000,000, not including the U. S.
secured
City Banks.—The
Hanover
Park
Mccii. Bank’gAsso.
Grocers’
North River
810,459 00
443,852 32
498,299 88
217,710 40
97,732 43
1,756,462 70
577,910 61
following statement shows
East River
Dry Goods
Total
6,59(5,000
1,780,000
7.117.300
5,595,S00
5.791.100
1,323,000
from the
Inc.
are
Mch. 14
Mch. 21..
285,i 17,100
285,366.200
Mch. 28..
286,177,500
291.113.700
2.668.600
1.467.900
2.183.500
1,0J6,100
2.312.700
584.900
210.100
620,000
4.122.200
3,131,600
237,200
116.700
16.388.300
16,246,200
478.900
860.700
839.600
261.800
168.600
899,200
6I3.(‘00
385,000
1,408,060
639,500
12,700
1,327,700
807.100
1.938.300
15,650,900
5,133.000
1,540,0(0
6,693,600
5.935.300
6.403.100
872,400
878,900
896,0(0
1,(23,600
4.585.900
1.558.900
210.100
516.400
276,0(0
6SR.100
16,100
321,4(0
7(4,S00
192.400
193,000
685.000
l,S67,OOU
487,000
8,000
4,300
360.000
687.600
226.700
178,500
returns
Net
293.666.300
293.464.700
283.423,:'00
286,574.301)
236,503,600
284.587.300
282.814.400
280,558,100
2,840,3(6
1,396,0(0
258,000
580,900
311.500
789.500
267,000
877,100
225,000
179,010
Atlas
Black8tone....
Boston
...
Broadwaj
Columbian
Continental
Eliot
Everett
Faneull Hall
Freeman’s*
previous week
Deposits.
the totals for
a
Tenders.
25.439.300
60.585,100
24.014,600
23.835.400
56,983,100'
60.184.400
54.739.600
55,>3:-l ,000
55,798,000
57.100,300
59.853.400
25.517.400
61,456,700
we
'
Capital.
$750,000
1,500 .WO
1,500,000
1,000.000
600,000
2 00,(MX)
1,000,000
1,000,000
L ,000,000
200,000
1,000,000
300,000
1,000,000
Clearings.
26.720.900
210.991.100
2W,780,900
237.491.100
238.691.700
421,249,894
26.717.300
410,207,171
26.726,400
26.804.600
26,797.800
26.840.300
26.901.600
26.689.600
238.638.900
234.486.7(0
284.401.500
236.236.700
236.895.000
234,243,300
232.4(4,300
Aggregate
444.832.108
431.332.108
427,751,638
5(0,297.390
527,857,344
491.427,113
26,922.200
478,458.934
430.272,446
26.923.900
26.800.900
26,727.500
423,605,643
835,139,(5
give a statement of the Boston1
Loans.
$1,599,900
2.915,900
3,990.500
2.0,9.600
1.639,900
518,500
2,501.1(0
1,976.100
2.492,500
646,200
2,605.200
1,667.100.
2,191,2(0
Not received, same as last week.
Circu¬
lation.
Deposits.
243.238.500
61.652.600
55,5:3,800
55,1(3,900
as
series of weeks past
Specie.
27.914.300
26,696,000
23.213.600
23.836.400
24.659.600
27,305,500
27.301.600
26,(22,300
are
Dec. $1,339,000
Dec.'
73,400
1,603,300
Banks.—Below
Banks.
Atlantic.,
Boylston
of
Circulation,..
National Banks, as returned to the
June 1, 1874:
.
*
1.231.100
463,(00
Legal
Loans.
Globe
7,885,000
4.612.100
82,100
237,909
164.400
1,145,000
130,000
3,900
865.200
7(7,700
780,300
4,000
2,335,(100
2,091,100
1.184.500
771.700
32,000
1.732.300
1,174,000
1.247.700
4.853.200
2.116.900
Dec. $2,256,300
Dec.
504,900
following
May 23..
May 29..
906,000
4.510.200
2,399,000
$32,370,200 $230,558,100 $25,517,400 $61,456,700 $232,404,300 $26,727,50 0
The deviations
follows:
May 9....
May 16..,
6.500
140.700
212,U)0
1,737,200
61.300
5.500
16.400
23,000
1,0.0
19.116.300
300,000
L,500,(GG
500,(03
1,000,000
500,000
1,000,000
250.CC 0
200,000
2,000,000
1,000,000
Bowery National...
New York Co. Nat.
German American.
352.400
9.>4.600
2,01*0,000
....
l,32i ,‘200
86,600
27.060
656,000
1.257,000 •1,159,000
233 400
26,600
61.700
214,7(0
201.800
56N600
54.600
428.600
45,500
711,000
43.700
367,000
914,100
839,600
1.107.100
500,000
300,000
400,000
350,000
500,000
5,000,WO
Manufact’rs’* Mer.
Fourth National....
Central National...
Second National....
Ninth National
First National
Third National
N.Y.National Exch..
Tenth National
April 4..
April 11.
April 18.
April 25.
May 2....
14,8:3,800
400,0(0
1,000,000
Importers’* Trad’rs
.
2,000.000
1,000,000
Citizens
Nassau
Market
St. Nicholas
Shoe and Leather..
Corn Exchange
Continental.
Oriental
Marine
The
1,000,0(0
1,010,000
1,000,000
1,000,000
2.000,OCO
300,000
400,000
1,500,000
4.604.200
2,438,OCO
13,191,000
1.258,6(0
2,510,600
3,000.900
2.508.900
3.961.200
2,729,000
3.156.700
1,4’6,500
2,874,1W
15,019,400
1,000,000
510,000
Irving
Metropolitan
Boston
exchange market remained toler¬
409,976 47
476,628 95
519,413 18
3"7,581 28
209,278 60
1,280,899 19
.
Loans
English silver....
586,820 02
249,058 77
704,672 27
521,315 62
1,942,472 69
-
Specie
Legal Tenders....
—
Currency.
—
1,609,151
ixy.tft —19%
90 (ft 4 85
70 Cft - 72
-Payments.-
Gold.
Loans and
Net
Legal
Circula¬
Capital. Discounts: Specie.
Tenders. Deposits.
tion.
$S,000,(XIC $10,39^,400 $2,431,600 $1,671,600 $9,816,600
$868,500
2,050,006
5,058,000
498.700
2.566.300
4,667,400
9,700
3,000,000
9.427.200 2,2 i5,400
4.371.900
11.519.800
875,700
2,000,000
6,080,200
309.800
1.307.300
4.336.900
494,000
4 0,700
1,500.000
771-700
4.998.700
3.492.500
481,600
3,000,000
8,3(4,200 1,834,600
2.517.200
7.824.700
1,200
1,800,000
4,472,400
949.400
574.600
3.870.200
500,100
City
....
1,000,000
6,616,000
2,(67,3W
62',000
5,078,300
Tradesmen’s
1,000,000
8,221,000
135.800
551.700
1.821.500
751,800
Fulton
600,000
1.956.700
211,W0
343.700
1,509,000
Chemical
300,000
7.914.200
356.300
2.948.900
7,076,500
Merchants’ Exch’ge.
1,235,000
3.763.100
323.900
472,000
3.151.600
440,600
Gallatin, National..
1,500,000
4.043,200
596.400
1,086,700
3,061.600
480.200
Butchers’* Drovers’
800,000
2,516,000
49.300
479,000
1,313,000
250,000
Mechanics&Traders
600,000
2,034,600
*16,400
863.700
1,815,'0O
195.700
Greenwich
200,000
1.089,100
9 '7,800
122,900
2,700
Leather Manuf
5* >5,100
600,000
3,2-8,2(X)
456.100
2.980.800
259.800
Seventh Ward
500,000
1,240,000
51,200
348.400
1,(47,000
170,500
State of N. York..
2,000,000
4.934.100
5-9,200
1,336.400
541.400
3.993.200
American Exch’ge.
623.300
5,000,000
12,134,(00
3.U80,l'00
9,138,(00
874,000
Commerce
18,631,100
581.100
10,000,000
5.297.100
8,179,000
3,094,000
5.599.100
3S3,iKK)
1,000,000
Broadway
781,000
3.570.300
878,100
Mercantile
3,692,800
2 937,1(0
1,000,000
114.600
710, (.00
474,1(0
Pacific
422,700
2,011,600
14.400
445.100
1.767.100
Republic
2,000,000
4,719,2(KJ
969,200
331.700
853.606
2,9:<2,600
Chatham
2.376.900
450,000
220.100
487,300
2.391.300
129.200
People’s
412,500
6,300
99.900
1.539.900
1,146,7)00
5,500
North America
2.389.900
1.000,000
155.900
1.762.500
170,000
Banks.
New York
Manhattan Co
Merchants’
Mechanics’
Union
America..
Phoonix
2,370.713
•
-Sub-Treasury.-
1874:
2.079,318
96
95
72% @
-AVBBAGB AMOUNT OF-
1,430,542
—
96% @
41%
96%
4!%
96%
72%
the condition of the Associated Banks of New York City for tlio
week ending at the commencement of business on May 29,
1,314,872
1,471,914
(ft
(ft
41%@
Holiday.
561,616 76
443,000
1,157,020
rar&%
41%&
96% a
72%
Currency.
697.900 50
267,000
392,000
4.221.612
-94
-93
Prussian thalers..
456,000
425,000
2
3
4
5
1,079,129
Fine gold bars
Dimes and halt dimes..
Five trancs
Francs
Receipt?..
Gold.
.
959,065
the quotations in gold for foreign and Ameri¬
@5 11%
$1,983,000
Balance. May 29....
$49.4J1,275 46 $46,417,163 89
Balance. June5....
$48,378,447 12 $47,872,411 05
Current week
112% 111% 112% 111% $157,946,000 $1,430,542 $1,609,151
Previous week
112% 112% 112% 112% 136,142,000 1,786,602 2,009,2-39
Jan. 1.1874. to date... 110% 110% 114% 111%
The
41%
96%
41%
96%
...
@5.10%
Total
1873.
886,095
2,887,321
954,980
817,197
1,102.0%
1.942.458
1,915,732
313,571
“
Jan.
2,266,480
...
.10
10
follows:
Receipts.
May 30
Jan. 29
as
Custom
House
June 1
$106,929 $1,796,127 $1,791,758
1,129,463
Frankfort
_
Jan. 1 to latest date.
15,628
964,600
255,482
342,248
580,921
150,036
292,143
127,787
214,000
134,954
299,605
Hamburg
100% Jan. 29
70% Jan.
398,801
3,667,026
195,935
8,595,045
4.504.458
1,314,543
@
41
@
96 @
41%@
96 @
72 @
9G%@4.91%
The transactions for the week at the Custom House and Sub-
follows:
18,836
.f
Treasury have been
Feb.
1874.
•
days.
.90% @5.90%
@.
@4.86
4.85
Bremen
Prussian thalers
94% Feb.
44% Oct. 15 82
56 >Sept. 30 86
3
5.13%@5.14%
5 14%@5 15
Antwerp
Swiss
Amsterdam
Jan.
57
days.
4.87%@4 88%
4.87%@4.87%
London prime bankers’sterling
London good bankers’ do
London prime com. ster do
Paris (bankers)
43% Feb. 11
130
Nov. 6
Oct. 15
Nov. 3
Nov. 1
1,132,000
Apr.
Illinois Central
Month of Apr.
Indianap., Bl. & W.. Month of Apr
Kansas Pacific...Month of Apr.
Michigan Central.. 3d week of May.
Mo., Kansas & Tex.. Month of Apr.
Mobile & Ohio
Month of Apr.
Ohio & Mississippi.. Mon'n of Apr.
St. L., Alton & T. H. 3d week of May.
June
Nov.
Nov.
Nov.
Nov.
Apr.
Cleve., Col. Cin. & I. Month of
106
14%
16%
77%
43%
Chic., Danv. & Vin. Month of Apr.
Chic., Mil. & St. P.. Month of May.
Chic. & Northwest. 2d week of May.
Jan.
Jan.
Feb.
June
Nov.
1873.
$117,624
38%
49%
10%
106%
15
are as
1874.
14
Nov. 12
Nov. 10
1
Feb.
Feb.
117% Mch. 11
62% Apr. 21
79% Jan.
Nov. 15
21% Oct.
earnings reported.-
Roads.
Atlantic & Gt. West. 2d week of May.
85
94
80% Oct.
21% Nov.
43% Nov.
,
.
97% Feb.
75% Jan.
Nov.
53
Feb. 16
Jan. 10
Boston, Hartf. & Erie. 1% May 25 3% Jan. 8
Central of New Jersey. 98
Jan.
3 109% Feb. 10
Del., Lack. & Western. 99 Jan. 2 112% Feb. 10
Hannibal & St. Jo
25
May 14 34% Jan. 12
Union Pacific
25% June 5 36% Mch. 30
Col., Chic. & I. C
18% May 4 32% Mch. 30
Panama
101
Apr. 20 118 Jan. 9
Western Union Tel.... 68
Apr. 24 82% Mch. 25
Quicksilver
22% Apr. 28 35% Feb. 5
do
pref
30
May 14 40% Feb. 9
Pacific Mail
37% Apr. 21 49% Mch. 27
Adams
92%
Jan. 18 109% May 28
Express
American Express
Feb. 9
58% Jan. 2 65
United States Express. 66% Apr. 27 73
Feb. 9
Feb. 11
Wells, Fargo & Co
69% Jan. 5 78
—
69% Feb.
57% Nov.
32% Oct.
9 31% Oct.
9
9
10
74% Feb. 9
St. Paul
do
48
pref
May 5
Atlantic & Pacific pref. 12% Jan. 6
Ohio & Mississippi
22%' May 18
“
—
60
Clearing House
Soecle. L.T. Notes.
$*9.6W
77,800
32,100
5,5(0
1,UU0
....
35,800
17,500
65,200
4.20U
42,900
2,100
....
$119,2(0
140,600
363,000
150.600
i lo.ooo
56.0(0
208,700
185,100
184.600
42.0.0
155,600
79,7(0
283,(00
on
Monday,
Deposits
$510,200
1,021,600
1,912.400
$132.2(0
?S7,9l>o
832,700
564,4u.(
671. W0
785 61
a
483,9Un
818,6(0
729.600
t73,20|)
823.300
771.600
56?.70q
436,100
1,'-’95,4(0
810.300
719,700
790,50m
798,80m
U7.10m
50S.COm
347.00a
34i,60j
579
June 6/
lb74 J
Hamilton
Howard
750,000
1.721.400
1,000,000
2,333.300
1.532.900
800,00C
MarKet
Maverick
Merchants.
Mount Vernon
England
Second (Granite)...
1,600.000
Third
Bank of Commerce.
Bank of N. America
B’k of Redemption.
Bank of Republic...
City
2,000.000
1,000,000
1,000,000
1,500,000
2,200
51.800
18*300
930.200
2.516.600
2.490.800
3.167.500
916,300
973.200
500,000
1,002,900
1.820.700
699.400
170 800
1,985,3u0
694.400
573 300
725.600
791.600
1.135.800
599.500
1.U8.00U
8l9.«0C
559.300
857.100
943.900
2.582,300
785.300
7-1 100
394.300
865.600
2.227.500
532.600
484.100
143 000
159.000
238.000
123.700
87,900
172,000
Vermont os
Cheshire, 6s.......
Eastern Mass., 7s
Hartford & Erie, 1st M
I50,< 00
120,000
*2.364,100'»11.175.30G
as per statement of June 1, 1b *28,915,900.
from last week’s returns are as follows :
Decrease.
The following are
...
125.276.300
126.899,100
126.924.600
1*26.191.900
127,005.900
Feb. 2
Eeb 16....
Feb. 24....
March 2...
March 9...
March 16.
March 23..
March 30..
1*27.425,000
126.639.900
127,895,701
127.400.600
126.567.900
125.475.500
125.615.900
April 6 —
April 13,...
April 20.,
April 27.....
May 4
May ll
3.647.100
10.654.600
10,904,000
10.885.100
2
49.342,900
50.618.600
53.779.500
10,909.700
10.670.400
871,600
91755,200
10,4’.7,500
10.515.200
10.193.600
10.309.600
10.681.200
2,929,200
2.9111.600
2.719.300
Banks.
Commercial
Penn..?
18,300
984.865
786 371
8,5)6.000
1,510.000
1,171,673
1,473,220
801,986
2,247.000
1,597.000
4,133.000
983,864
568,000
552.000
300,000
150,000
250,000
Third
Sixth
Seventu
971.00C
275,000
750,000
1,000,000
250,000
Eighth
Central
Bank of Republic..
Security
4,485,000
1.981,000
621,000
*16.435.000
Total
The deviations from
Loans
Specie
6.156.100
1,155,315
2,036,826
2.350,000
500,000
Western
400,000
Manufacturers’.... 1,000.000
Bank of Commerce
250,000
Girard
1,000,000
Tradesmen’s
200,000
Consolidation
300,000
C!t«*
400,000
Commonwealth....
300,000
Corn Exchange....
500,000
Union
500,000
First
1,000,000
Legal
*75,000
1.S92.000
25U.000
Kensington
Specie.
>,3-2,000
2,280,000
2,500.000
8W),000
500,000
250,000
Mechanics’
Liberties.
Southwark
Bank N.
Loans.
*5,356,00C
4.699,000
1,000,000
2,000,000
North America
Farmers and Mech.
The following are
Jan. 19
Jan. 25
Feb.2
Feb. 9
Feb. 16
Feb. 23
March 2
1,120.756
1.002,109
1,169,097
934,044
791.895
736.417
771.170
713,408
53,037.506
53.003,311
57.021,413
58,533,317
53,870.982
5), 136,604
59,371,945
60,293,625
60,229,606
60,003,777
59,191,639
59,193 258
58,915.082
53.903,973
5 3,891,391
53,753,720
May 18
May 25
Juuel
l’.OOO
S5.378
6,276,800
1,451,000
2,308.(XX)
1,407,000
19,000
362,000
5,000
233,773
323.024
117.227
975,000
U>66
4,910
3,000
47,600
2,000
*1,410.000
211,000
188,000
Ml,000
228,000
2',666
36*(’66
511,000
296,000
725.000
4,496,000
500,000
132,000
876,000
957.000
664,530
617,500
551,936
526,618
515,203
333,783
377.919
372.463
323.251
332.593
332,327
bonds, 7s, 1574.....
Chicago Relief bends, 7s, 1817.1
Perm Imp., 6s, g. 1391
do
7s, 1891
Market Stock bonds, 7s, 1592
Water Stock bonds 7s, 1901..
16,958,299
17.530,251
17,427.908
17,672,230
17.444.133
16,576,610
17,224,136
17,139.983
47,761,664
45,613,062
450,000
344,000
786.1XX)
260.993
185,(XX)
47,841.126
650!469
do
Bid. Ask.
do
do
1875
1376......
1377 ....
1873
Scries
do
Certificates, Sewer, 8e,
do
QO
1892
1902
do
do
do
85
Water
do
Imp. 8s, 1874
do
Ceri ifleates, 8s,
pref...
Port., Baco & Portsmouth
Rutland common
1374..
18 *5...
1376...
1817...
1878...
Series.
1377.
2d
13 k
127“
2d m., 6s, 1901
do
do
m. 6s, c., ’95..
do
6s, imp., ’80...
do 6s, boat* car ,1913
do 7s boat A car,1915
....
*
*
*
*
49
111*
li2
12U
120k
)
PHILADELPHIA.
timore
do
do
do
timore
do
do
ioik
Pennsylvania5s, coup
ICO
“do
6s,’67,5-10,1st... ioik
do
10-15,2d... llUk
do
do
do
15-25. 3d.,. 99k
Philadelphia 6s, eld
102k ii>2k
do 5*
6s, new
77
Alleghany County, 5s, coup...
.fttf
,
....
....
‘
90
101
'
Camden &
Catawissa
do
1
Atlantic
do
do
13
Williamsport
Williamsport pref..
East Pennsylvania
Harrlsb’g, Lancaster AC
do
25
41
29
Elmira*
Elmira &
Broad Top.
do
b” ii'
14
pref
Valley
Little Schuylkill
Lehigh
Minehill
Nesquehonlng Valley
Northern Central
N ortb Pjnnsylv an la. .......
60k
52k
47
53
54
54k
Allegheny River
Pennsylvania.......
Philadelphia & Erie.
Philadelphia A Reading
Phlla., Wilming. A Baltimore
United N. J. Companies
OilCre<»A &
18
125
50
125k
51
Division
Navigation
Delaware
50
125
Morris
pref
Pennsylvania
Schuylkill Navigation........
do
pref....
Susquehanna
Union
do
pref
EAILBOAD BONDS.
iik
....
*
...
73,
92
8*2
82
99
91
86
68,’89;....
do
do
42k
LOUISVILLE.
’87
*
*
-
-
*
*
mort. 6s, &>.....
do
1900....,
Lehigh Valley, 6s, 1898
do reg
do
do
Junction 1st
do
2d
do
do
do
7s, 11*1
104k
97k
3
mort. 7s, 190.3
Oil Creek & Al. K., con. 7s, '88,
Oil Creek 1st m.7s,’82....
99
Loulsv., Cin. A Lex.,pref
do
do
common.
106
107
Louisville A Nashville.........
....
40
.
.
.
.
.
.
99k
90k
95
87
91
io
do
North
515
Ill
40
....
....
45
75
Pacific guar, land grants
do
2d M
Pacific (of Mo.) 1b‘-V. gld....
do 1 do
2d M2 bds. ...
Kansas Pacific stocu
.
do
lstM.gld6s.J. A D..
do
do do F.AA
,
...
•
•
•
....J
Pacific RR. of Mo.
•
And, Interest.
stock
f42
•£9k
gold.......
do (new)
Missouri. 1st M.7s..
Water 6s
do
84*
30
26
At.A
-
#
10
10
ST. LOUIS.
8t Louis 6s, Long Bonds
10U
6 101*
do
M.,7,1898....
•••*
98
Little Schuylkill.lstM.,7,1R7T
93
Northern Central 2d m, 6s, ’85
86
do
do 3d m,6s, 1900 .
do
con. m. g. 6s, 190 3 90k
99*
North Penn. 1st m, 6s, ’85
100
do
2dm. 7s,’96
105
do
108, chat. m.,*77
gen.
Br)7,’70**75.
63
100
87*
*
do
Louisv.Loan,6.*81.
do
L. A Nash. 1st M. (m. ».) 7/7L.
do Lou. Loan (m.s.)6,’86-’8(
do
do
(Leb.Br.)6/86
do lstM. (Mem.
do lstM.(Leb.br.ex)7, *80-’85
do Lou.L’n(Leb.br.ex)6t*98
do Consol. 1st
Jefferson., MacL A Ind...
....
....
2d M.,7,.
1st M.,7.1906....
LouisV.C. A Lex., 1st M.,7, *97..
LOUIS. A Fr’k., 1st M.,6, *J0-’T8..
do
99
60
do
do
do
100
96
Water 6s,’87 to’89..
Water Stock 6s, f?.
Wharf 6s
special tax 6s of *89.
Jeff., Mad. A I.lstM.(IAM)7, *81
t-
88
• • • •
6s,’97 to’98
do
do
do
do
do
98*
10Tk 103“
Harrisburg 1st mort. 6s.’83..
H.A B. T. 1st mort. 7s, 90...,
do
2d mort. 7A, *75...
do
3d m. cons. 7s,’9!
Ithaca* Athens g.?s,’90...
stock....
Louisville 6s, ’82 to
91k
KX)
5s..,
*0
42 k
8p. c.st’kgnai
do
96
Catawissa, 1st M. conv.,’82..
do
chat. m. do
88...
'do
new 7s. 1900
Connecting 6s 1900-1904
East Penn. 1st mort. 7s, ’88...(
El. & W’mspoit, 1st m, 7s. ’8<
167k
Little Miami stock
• •••
2dm, 7b.’80
105
100
preferred
Dayton A Ml chigan
103
105~
do
65
ICO
do
2d M.,7, 84..
do
3d My 7.’88..
To’do dep.bds,7t’81-’94.
Dayton A West., 1st M.,7,1905.
do
do
1st M., 6, 1906.
Ind., Cin. A Laf., 1st M.,7
do
(I. AC.) 1st M.. 7,1888
*6 ’
12
87
do
do
do
....
do
90*
87 k
90k
v,,nclnnatl Southern RR. 7s...
Ham.Co.,Ohio6p.c. long bds.
do
do
7 p.c.,lto5yrs
do
do
lg bds," * 7.80i
In. & Cov.Brldge stock, orel
do
bonds, short
bondB.long.
do
in.. Ham. &T>., 1st M., 7, 80...
do
Jo
2d M.,7,’85...
do
do
3d M., 8,77...
In.. Ham.* Ind.7sguar
In. & Indiana, 1st M.,7
do
do 2d M., 7,1877..
56 k
56
53k
87
100
CINCINNATI.
5k
4-k
18*
48k
93
86
95
aclnnatl 5s
do
6s
do
7s
do
7-SOs
89
36
46
44
5
Connellsv„lstM.,7.’98
do
15
61
83
34k
Norristown
91
Parkersburg Branch
ntral Ohio
”
..
102
108
102
101k 103
10*2
101 k
10114 103
10
102
101
do
1st M., «, 1889
do
jst Md, lstM., endorsed, 6. *90
1st M., unend.. 6,’90..
do
do
2d M.,endorsed,6/90.
ltimore & Ohio stock
41k
40*
pref
Huntington &
...
4l“
pref...
6b of’75
1884
6S.190C
1890, Park 6s
* Ohio 6s of *75
6s of ’80... .
do
do
6sOf’.85....
Cent. 2dM.,8. F.f *,*85.
do 3d M.,8. F., 6,1900
do 3d M. (Y. AC) 6,’77
do Cons, (gold) 6,1900
;;;;i
New Jersey State 6s, Exempts
Delaware state 6s
BAILBOAD STOCKS.
105
lOSk'
m 101k
102k 104
90
do
*’ 2d M.,7,1896. 69k
79
T«k
do
3d M." 8s
90
86
k Water 8s
95
*■
....
Pittsburg 5s
do
6s
do
7s
12k
BALTIMORE.
99
ryland 6s, Jan., A., J. & U.. 108
do
6s, Delence
100
82
AllegbanjjDlty 4s
90
7s. 1902....
do
30
eo
51k
81k
OITY BONDS.
M., 1876...
boat, ’85
•
STATE AND
99
100
**■
4e6
preferred
ICO
gold, ’97
!87k
65k
Champlain
do*
conv., ’82
conv., g,’94.
46“ 48“ uolnm.,& Xenia, 1st M.,7, *90.
43k 43* Dayton & Mich., Bt M.,7 81..
11,4(0,16»
C.—PRICES.
*77
9k
137~
95
31
OB.
RR, ’97....
102
-
ak
Fitchburg
145
Manchester A Lawrence
Northern otNew Hampshire.. 128“
Norwich A W orcester
48
do
>U
80
Chesapeake & Delaware
Vi’lrn iS
49,431,654
CANAL BONDS.
....
101
(Mass.)
(New Hampshire).... 12tT
do
2d Mort. 1902
do
do
132 k 133“
107
107k
Chic., Bur. & Quincy
Cin., Sandusky A Clev.stock.
Concord
Connecticut River
Connecticut A Passumpslc, pf.
Ogdens. A L.
Read.,1stM.,7,1900 89k 90k
40
lming. A
800,009
180,COO
14,501,030
11,514.947
11-4S1142
43,450,635
*
219.350
239,000
585,(XX)
D,509.989
4S 10) .971
48
73
103
50
11,522,126
11,4)9,846
48,667,178
47,728,340
48,257,660
16,805,605
16,939.537
17.218,608
....
*
’96
<s,
West Chester.
do
pref
West Jersey
CANAL STOCKS.
U,445,o42
11.430,138
11,493.281
47 411,234
43 101 337
16.697,581
*
m.
96k
1st m. 6s,’96...,
do
W2k
do
do
7s,’97
sstern Penn. 6s,’93
do
do
6s, p. b., ’9<
65“
....
H’W02
47 764,121
15,523,478
15,809,219
16,164,714
15.955,097
16,131.746
1903..
Stock £1828) 5s, at pleao
no
(1843) 6s
do
Cere, of
2T0.1XX)
352,627
207,465
..
* lC6k
* 148 148k
79
11,460.73^
11,454,740
11.450.353
11,443,128
11,469,46o
47.360.947
47.834.706
47.835.350
47,012 724
47.131,169
47,441.795
47,515,^35
17.112.121
Cers., Gen.
1869
1874
do
5 year Cers., 7 3-10, 1875
Ten year Bonds, 6s, 1878.
Fund. Loan (Cong) 6, g,
do
(Leg), 6s. g,
161.000
*49.431,654 *11.470,167
are as follows:
Dec. 6,994
Ches A O Can stk(1847) 6s
Board of Public Works—
Wash. Co. S.
do
518,729
212,815
594,000
.
24^
Boston A Maine
Boston & Providence
Cheshire preferred
Lehigh
(Bid. Ask
do
171,645
past:
of weeks
Deposits. Circulation
17,193.019
WASHINGTON, D.
Water Stock 69,
210.000
214.759
1,614.000
7,400
421,000
2.466.161
2,468,(00
1,379,000
3,693.000
832,0)1
365 000
1,000,000
618,000
479,000
223,902
599,834
3.211,1 !00
1,128,000
827,611
834,617
500,439
210.331
913,000
796.000
661,645
818.SOO
1,481,666
385,000
*‘ii3
Specie. LegalTender,
16.291.226
1.141,002
57.633,773
April 27
May 4.,
May 11
3,000
*1,000,000
2,009,000
402,000
662,000
6(0,000
221,000
272,009
751,603
-
279,0211
the totals for a series
57.170.073
April 6
April 13
April 2)
*3 867,000
3,605.000
*1,200,000
1,266,000
2.543,600
1,000,000
*58,759,720.1*332,327 *17,218.608
57,30),854
March 9
March 16
March 23
March 30
19,CC0
Deposits.Clrculat’n.
the returns of previous week
Dec. *131,670 I Deposits
Dec. 271,000 Circulation
Loans.
57 659,783
Date.
3,000
Tender.
Inc..
Tender Notes
25.422.800
25,385,001
Total net
Capital.
*
Philadelphia
25.490.300
25,524,000
25.502.600
25.506.900
25,431,100
25.439.900
1st
*
Vermont A Canada
Vermont A Massachusetts
Ex dividend.
is the average con¬
for the week ending
1874 :
Albany stock
Boston A Lowell stock
65
]
c
94
(new)7. 23*
25,564,700
25.160.300
52.26C.300
92
93
Old Colony
25.448,400
25.418.800
J
99k
7s
25.772.900
25.698.500
25.641.900
25.539.600
25.56T.60)
25.525.900
25.491,200
52,035,000
11,175,300
2.364.100
Phlladelpltla Banks.—The following
dition of the Philadelphia National Banks
Monday, Juno 1,
53,723,300
52,800,700
53,187.400
58.274.500
52,873,000
53,031,500
5'., 121,900
54.707.600
54,156.^00
52,358.000
53.433.100
52.742.600
53.238.600
10.760.400
11,131, *200
10.564.100
9.811,100
3,016,900
2.844.300
2,826,3‘K)
125.627.500
125.919.600
125.450,700
125.259,000
May 18—..
May 25
June 1
10,283,800
10,691,500
11,039,800
11.244.400
3.4M.600
3.509.900
8,339,400
3.162.800
2.775.500
3,1'8,600
25,8;5.6U0
48,247,(00
49.184.100
4.401.600
4.213.300
4.500.500
4.241.500
3.963.800
>7,610,700
1
series of weeks past
LegalTender. Deposits. Circulation.
a
Specie
12a,o52,400
124.924.900
125,049,400
Jan. 19
Circulation
the totals for
Loans.
Date.
Jan. 12.....
*225,800
86,900
Decrease.
Decrease,
Deposits
1
491,100
Increase.
Lugal Tenders
Jan. 26
*191,700
355,200
Decrease.
Lians
....
Boston A
Eastern
Eastern
.
do
...
....
51 *
100
do
7s, *91 103M
deb. bonds. *98 79H
g. m.7s, c. 1911 101k
do
reg... 101k
6s, g., 1911..
do
Ogdensburg A Lake Ch. 8s
Old Col. A Newport Bds, 7, *77.
Rutland, new 7»
Stansted A Chambly 7s
Verm’t Cen., 1st M.t cons., 7, ’86
do
2d Mort., 7,1891..
Vermont A Can., new, 8
Vermont A Mass., 1st M. 6,’83.
300,000
do
do
Jo
ioi
100k
Portland 6s
Burlington A Mo. L. G.
ielphia * Reading 6s, ’80
J
....
■
1(0
Currency—
gold
Chicago Sewerage 7s
do
Municipal 7s
*125,259.000
S.ecie
Gold
2d m. 78. *88
do
166,
99
5s, Gold
do
Boston 6s,
do
5s,
Total
*49.350.000
The total amount “due to other Banks,
The deviations
ioik
6s
Massachusetts 6s,
4U.700
336.500
7'7,9(10
786.700
789, W0
180,000
541.300
484.400
2.098.700
478.800
239.800
569.200
41.600
30 W0
535,7(10
700.800
507.400
1.116.100
212.100
42,000
202,100
13.300
79.500
1.300
483,1(10
976,1(10
727.500
174.900
699, ’.00
1.814.800
1.561.500
965.900
975.100
862.700
201.800
143.100
101,200
4.835.100
3.272.900
5.083.500
500.000
500,000
Central.'
Manufacturers
48.000
2.914.400
1.785.200
1.907.200
200,000
1.000,000
1,500,000
Webster
231.600
6.191.500
1,011.700
439.600
891.800
87,000
453.200
300.100
Maine 6s
New Hampshire,
92
1
I
I
BOSTON.
336.400
597.900
1.196.100
Bid. Ask
SKOUBITIES.
Bid. Ask,
8KOUBITIE8.
240.500
1,509,800
173,4110
751.800
755.90(1
1.588.100
120.700
3.800
1.917.800
2,000,000
Commonwealth
19.700
27.900
87.500
47,100
6.300
4.075,100
4.516.100
1.185.3UU
4.979.500
1,000,000
1,000,000
1,000,000
1,500,000
Exchange
Hide A Leather.....
Revere.
Security
Onion
39.700
•
300,000
Eagle
85.800
406.800
770.700
PHILADELPHIA, BALTIMORE, &e,
QUOTATIONS IN BOSTON,
449.700
352.300
.
4.776.700
313.700
38.200
152.000
215.100
263.100
187,000
278.400
289.600
276.400
80.500
635.500
62.500
3.304.200
,426,900
8.885.700
1.794.600
814.400
434.100
1,048,200 /
549.500
938.610
170,400
10.300
2.990.800
3.905.400
750,000
1,000,000
First
28.600
272.800
30,000
2.279.700
2,000.000
Washington
73.SC0
2,033.200
600.000
,.
Tremont
14,000
1.244.900
8.724.700
568.400
2.327.600
3.235.600
North
Old Boston...........
1,000.000
Siiawraut
1,000.000
Snoe A Leather
2,000.000
State
1,500,000
Suffolk
Traders
46.500
242.600
1,073.400
107.20C
173.00C
66.500
130.200
70,300
42.700
1,913,010
800,000
400,000
3,000.000
200,000
1,000,000
1,000,000
900,000
Massachusetts
New
x
....
79k
2k
fJuno
iTHE CHRONICLE
580
6,1874.
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
Government Bonds ana active Railroad Stocks are quoted on a previous page ana dot repeated lure. Prices represent
cent value, whatever the par may be.
u N. T. Local Securities ” are quotd ine a separate list.m
Rid.
8*0 U BIT IBB.
U. 8. Bonds.
(Others quoted previously.'
rf»o'«rpred 1SK2
5-rs, reg stered. 1862
5-30 Called Bonds lS62..
5-2t>s, refine red, 1S645-2-Ts, registered. 1865
.
3
5-308. reglsteied, new Issi
5-2Us, registered, 1867....
5-20s. registered. Is63
5s, registered, 1381
8iaie Bonds.
Alabama 5s, 1883
do
8s, l««6
do
86,1888
.
.
.
.
.
do
7s, new bonds
.
16
:6
75
,v.
.
t
*
*
t
,
....
•
•
•
30
20
....
15*
15
1875.
Of 1910
ioi*
I'd*
100*
1871
....
t
,
•
do
do
do
ao
6s, Canal Loan 1«"4
1875.
6s, do do
1877.
68, do do
1878.
6b, do do
6
93*'
•
•
.
110*
coup...
do
coup.18 7.
loau 1883.
do
18*1
<*o
18" 5
6s, do
do
5s, do
do
1876..
do
5s, do
Nortn Carolina ««. oid, J. & L
A AO
do
do
do
do N.C. R.R JAI
do
A. A O...
do
do do
do do coup off, J. A J
do
do do do off A A
do
do F unding Act,IXfido
do
do
do
do new bonds, J. A J
ao
A. AO.
do
do
do
do
do
Spec‘1 Tax, Class :
do
Class •’
do
do
Class 3
do
CO
do
Ohio 68,1875
do 6s, 1881
do 6s, 1886
Rhode Island 6s
S jutn Carolina 6s
Jan. & July...
do
do
do
do
April A <)ct..
uti
do
do
Funding Act, 186#
do Land C. 1889. J A J
do
do Land C, 1389, A*0
do
< f 188do
do 7s
nonfundable bds
do
do
Tjunessee 6s. old
do
do ex coupon
do
do new bonds
do
d >
do
ex coupon
do
do
do
new serief
27
21*
25”
....
....
2u
17
17
...
;oo
b'2*
;0>H
'."2* 103*
....
25
13
!9
17
Texas, ICb, of 1876
V rglnia SB, old
do
do new bonds
do
do consol, bonds....
do
do deferred do
ttntlroHd Stocks.
(Active previously quoted.)
Albanv Sr Rnsonehanna
d<>
do
pref
Chic Bur A Oulncy
Cleve.. Col., Cin. A Ind
Cleve. A Pittsburg, guar
Dubuque A sionx Citv
Erie r»r *f
Hannibal A St. Joseph, pref..
Harlem prel
Illinois Central
Joliet A Chicago
Long Island
Marietta A Cin., 1st preferred
do
2d pref
Michigan Central
Morris A Essex
Mo., Kansas A Texas
New Jersey Southern
....
...
504
11*
95*
5“
...
72*
106*' 107”
b'l
102
65
70
Buffalo A
11st
neon*
do
do
do
Marietta A
new
bonds
95
30
73
99
99*
04*
l‘-5>.
103
10l*
7s,
conv
1876
....
[flcgold Bonds....
....
State Aid bds.
do
fi’
do
do
do
8F* 8’*
99*
8
...
....
31
85”
•?8
10
.4
40
48*
...
116* [17
42
....
9Y
ItO
0J
9 %
91*
l'9
109
*
90*
•OH
92*
77
Sinking Fund..
60
69
do
do
do
do
2d Mort
3d Mon
100,
I 6
101
95
97
L. 4
do
do
do
31*
do
2d Mort..
do
2d M.
do
2d M. nref
do
2d M.income..
Rellev’le A S.Ills. R. 1st m. g’s
do
do
do
do
do
do
106*
C2*
95*
91
100* 100*
Sd Mort.
4th Mort
W.D..
Borl’ii *»v.
93'
80*
75
91*
97
6s, 2d M., gld
Canada Southern 1st 7s. gold..
Central Pac.7s, gold,conv—
do
Land G. Ps e
Central of Iowa. 1st M, 7’s gld.
do
2d M, 7’s, gld
Keokuk A St. Paul, 8s— ‘
Carthage A Bur. 8s.
Dixon, Peoria A Han., 8s.
O.O. A Fox R. Valley 8b.
Oulncy A Warsaw, 8b ...
40*
98*
9l’
97
97
v-7
97
97
98*
65
75
8'1
10
100
100
!• 0
100
no
99
99
60
100
75
So
100
ICO
00
100
10
c.
45*
PCsg
00
Peoria A Hannibal R 8’s. 4=
oz
Chicago A Iowa R. 8’s....
American Central 8s
f"hl. A Southwestern RR. 7’s.
100*
m.
25*
gold 7s
91
Ts, 3o yrs
do
do
1st 7s. !0 yrs..
do
2d 7s, 20 yrs..
do
Lh'CHgo, C. A Dub. 8-^
Chicago, Bur. A Qu ncy 7s ..
Chic. Dhjiv.A Viucen s Is,gld
Chic. A Can. South. 1st m gl 7s
Ch., D. A V., I. dlv., 1 ni gld Ip
Cleve., Mt. V. A Del. 7s, gold.
90
97*
b>
-15
HO
lOO”
Connecticut Valley 7s......
Connecticut Western 1st 7s
Chic. A Mich. L. Shore
Dan., Urb., Bl. A P. 1st m 7 eld
Des Moines A' Ft. Dodge 1st Is.
77
6d
....
Detroit, Hillsdale A In. RR.8’s
Bay Cttv us....
Det., Eel River A 111. 8s.
I let.. Laos. A Lake M. btm. 8s
do
2d m. 8s
do
Detroit A
90
60
60
If
70
Dutchess A Columbia is
Denver Pacific Is, gold
Denver A Rio Grande Is, gold
Evansville A Crawfordsv. Is..
Erie A Pittsburgh 1st Is
do
2d Is
do
Is. equip....
t8
Evansville,Hen. A Nasnv.Is..
Elizabethtown A Padu.8scon
Evansville, T II A Chic 7s. gld
Flint A Pere M. is, Land Gr.. 90
Fort. w.. Jackson A Sag. 8s... 75
Grand R. A Ind. 7s, gold,guar, |00
do
do Is, plain...... fO
Rrand River Valley 8s
90
Hons. A Tex. C. 1st Is g
Iowa Falls A Sioux C. 1st ,s...
80
*8
9S
b8
!(>•
Kal.. Alleghan AG R.8s,guar
Kal. A White Pigeon 7s
Kansas City A Cameron 10«...
Kan. C., St. Jo. A C. B.Xs of’85
Ml
9'1
50
65
65
62
6u
60
<:5
15
5
92*
75*
92
do
do
do 8s of 189b
Keokuk A Des Moines lbt Is
L. Out. Shore RK. 1st m. gld Is
Lake Sup. A Miss. 1st 7’s.gld
Leav., Atch. A N. W. Is,guar.
Leav Law. A Gal. 1st W., 10s..
..ouisiana A Mo. Rlv. 1st m. Is
83*'
60*
75”
HO* ,02
89*
77
100
Logans.. Craw. A S. W. 8s, gld.
Michigan Air Line, 8s
Mo.itieello A P. Jervis Is, gold
Montclair 1st Is, gold
Mo., Kan. A Texa- Is gold...
Mo. R.. Ft., S.A Gulf 1st. M, Ids
do
do
2d M., lOt
N. J. Midland 1st Is, gold
7*
02
85
9b”
do
2d Is
N. Y. A Osw. Mid. 1st 7s, gold,
do
do
2d Is. conv.
do
West Extension 7b
N. Haven,Middiet. A W. Is....
North Pac. 1st m. gold 7 8-iOs
do
Land Wan ants..
Omaha A Southwestern RR.8’s
Oregon A California 7s, gold.
74” Oswego A Rome 7b.
68
* I.
guar
m,
gold
90
55
35
0
VO
3u
8*
65
52*
DO
£0
30'
5
j
35
4
25
8 p. c:
do
do
2d guar
St. L. A So’eastern lstls.golo
St. L.. A St. Joseph, 1st,6s, glc
Southern Central of N. Y. Is..
Tebo A Neoshols, gold
Union A LogansporHs
tab Central 6s, gold...
Union Pac., - o. branch,6s, gld
Walkill Valley lsi 7s,gold ...
Wpgt Wisconsin Is, gold
Wisconsin Valley 8b
Southern {securities.
19
30
80
24
40
95
lOO*’
80*
55*
25
40
10
15
45
30
90*
94*
75
s5*
60
•
•
•
•
83
85*’
40
ciTiKB.
Atlanta, Ga., 7s
88
do
Yugusta, Ga.,Is,bonds
Charleston stock 6s
Charleston, S. C., 7s, F.L. bds
Columbia, S. C., 6s
Columbus, Ga., 7s, bonds....
72
35
35
55
<2
62
75
74
Lynchburg 6s
Ylacon Is, bonds
Memphis old bonds, 6s
.75
46
46
55
40
45
65
80
70
50
65
£0
70
55
68
70
SO
33
83
65
SO
Montgomery 1 s
Nashville 6p, old.
do
6s. new
New OrieHiis 5s
consol.6s
do
ao
do
do
bonds, 7s
10s
do
do
to railroads, 6.*
do
do
Norfolk 6s
Peters! urg 6s
Richmond fis.
Savannah Is,old
do
Is, new.....
Wilmington, N.C.,6sgold
8s gold..i.
do
do
RAILROADS.
Ala. A Chatt., 1st.M, 8s, end...
Ala. A Tenn.R, 1st M., 7b..,.
do
2d M.,7b
Atlantic A Gulf consol
end. Savan’lt
do
do
do
stock
do
do
do
do guaran
Central Georgia, 1st M., Is —
consol. M. Is
do
do
do
do
stock
Charlotte, Col. A A.,1st m.,7s
do
do
stock
Charleston <s Savannah fis,end.
Savannah anu Dhar., 1st m., Is.
’heraw and Da.l'ngton Is....
Fast Tenn. A Ge*..’.gia6s
Fast Tenn.A Va. 6s end. Tenr
F. Tenn., Va A Ga., 1st M.,7s..
do
do
stock
•eorgia It. R., Is
do
stock
Greenville A Col. Is, guar
do
do
Is, certlf..
Vacon A Brunswick end. Is..
Macon A Western stock
Macon and Augusta bonds... .
do
do
endorsed
stock...
do
do
20
60
10
90*
80
95
85
8*1
70
80
.0
95
90
49
85
85
•••i
7C
60
70
80
82
74
76
75
75
35
V6
90
85
80
93
88
82
90
85
80
74
90
*2
91
75
90
65
32*
80
60
80
V0
68
86
ITO
85
65
62
97
92
stock
S.Carolina RR. lstM,7s (new.1
6s
do
do
72
80
••
>outh A North Ala, 1st
do
71
81
88
13
65
Peterb’glBtm.,78.
Ulch., Fre’ksb’g A Poto.6s
■lelma, Rome A D., 1st M., 7s..
M., 8s.
Southside, Va., 1st mtg. 8s
do
2d m., guart’d 6s...
3d m..6s
do
Southwest. RR., Ga.,lst mtg...
74
15
83
69
Uichm’d A
do
do
do conv. 7s
Rich, and Danv. 1st cons’d 6s.
do
Piedmont 8s...
do
lets, 8s
88
35
82
70
90
72
72
87
60
00
92
52
90
Memphis A Little R. 1st M...
Mississippi Central, 1st m.,7s.
do
2dm., 8s...
Mississippi A Tenn., lstm.,7s .
do
do conaoid..3
Montgomery A West P..1st Hs..
do
do 1st end.
do
do Inooim
Mont.& Eufaulalst 8s,gld enc
Mobile A Mont.. 8s gold, end ..
vlobile A Ohio sterling
do
do
do
ex ctfs
do
do
-Ss, interest...
do
do
2 mtg, 8s
do
stock
do
N. Orleans A Jacks. 2d M. 8s.
do
do
cert’s. 8s.
N.Orleans A Opelous.lstM.8p
Nashville A Chattanooga, 6s...
NorfolkA Petersburg 1st m.,8p
7p
do
do
do
do 2dmo.,8s
Northeastern, S.C..lst M.8s....
do
2d M., 8s
Orange and Alex., lets, 6b. .....
do
2ds, 6s......
do
3ds, 8b
do
4ths,8s
86
50
69
2d Is.
stock
do
do
80
«5
60
PAST DUB COVPr»NB.
Tennessee State Coupons
Virginia Coupons
ao
Consol. (,onp.......
Memphis City Coupons
,
61
64
34
.
.
80
£2
42
63
o5
1
..
do
do
100
89
do
do
No 16..
do
Stock
Kalamazoo A South H. 8s, guar
stM.,108
C.8s,goid,W D.
do
do 8s, gold, E. I)
Sandusky, Mans. A Newark 7e
St.Louis, Vandalia A T H. 1st
Memphis A Charleston, 1st 7b..
old...
ndianap. A Vmeen. 1st Is,guar
Indianapolis A St. Louis Is....
lackson, Lansin A Sag. 8s..
lack., N. W.A S E. 1st in gl si
Kansas Pac. 18, Extension, gld
do
Is, Land Gr., gld.
do
Is,
do new. gld
do
6s, g d, Jun A Dec
do
6s, do Feb A Aug
do
Is, 1876, Land Gr.
do
7s, Leaven. Brch.
do
Incomes, No ll.,
65”
.
95
22*
75*
new bonds,6s
do
do
end.,M. A C.R.R....
:
Mobile5s
ao
8b
50
43 c
*7 6i
a
13
50
10
65
45
100
..
78*
81*
Pacific R. 7s .gnart’d by Mo..
ts., Ft. W. A Chic., 1st M...
do
Io
93
85”
8)
61
40
9**
Land Grants, 7s
Income '0s
"
■ao"
•
43*'
Wo. 1st M
2d M....
o
do
•
80
Col. A Hock. V. 1st
98**
Rome, W. A Ogdensburgls..
»7*
Rondont A Oswego Is,gold...
Sioux Citv A Pacific 6b
South Pacific 6’b,gold.
Steubenville A Indiana 6s
“
“
2a Is
Southern Minn, construe. 3s.
do
do Is
_
13,,
R4* ’.05
84
34*
Consolidated....
2d
do
do
do
...
•
95
...
reg
,
do
do
Chesapeake A O. 2d
9i
....
•
94*
l'J5
73
3'
•
90
7s. 1865-76
no A Hud. 1st ii ort .coup 108
do
1st mort , reg..
id. K. 7s, 2d M. S. F. 1885
100
do
7s, 8d Mort.. 1875
do
.
111. Grand Trunk
do
do
ao
Chic., Dub. A Minn., 8s..
97”
...
96*
do
do
Cons. coup. 1-t.. 97
Cons. reg. 1st...
C ns. ccup. 2d., i.i”
Cons. reg. 2d —
10 is
Cin., 1st Mort
do
Land M. 7s.
2d s., do 78.
<io
:-iri s.. do «p.
do
4th S. do 8s..
5th S. do 8s.
do
6th 3. do 8s.
do
do Creston l<ranol
do Chariton Brand
do
do
do
do
Bur., C. K. A M. (M. dlv.)g.7s.
*#. *
Mich. Cent., Consol, is, 1902...
95*
109
do
1st M. 8s, 1882....
40
25
New Jersey Southern 1st m 6
do
do
con80l.7
ItO
New York a N. Haven 6s
100*
9 4k
N. Y. Central 6s, 1883
96
6s 1«K7
(<n
8i
do
6a real estate
do
6-* subsciipilon
do
7s. lbit
101*
...
Cumberland Coal and Iron..., !••••»
bds
96
stoelt*
Amer’car District Telegraph
AtDntlc A Pacific Telegraph.
Boston Water mwer
Canton Co., Baltimore
Cent. N J. Laud Improv. Co.
Delaware A Hudson Canal
American Coal
j
Erie,
do
....
16
8
74
.
url. A M. (In Neb.) 1st conv.
Cairo A Fulton 1st Ts, gold....
California A Oregon 6s, gold.
California Pac. KR.7’s, gld...
95s
....
Rome A Watertown
St. Louis. Alton A T. Haute..
do
Ho
pref
Bell* v111» A °o. Illinois, pref
St. Lonl-* A Don Mount air,....
St. L., Kan.C.A Northern pro
Toledo, PeorP A Wat saw....,
Toledo. Wah A Western, nre*
new
ulfiloAState Line 7s...
^7*
do
special..
Rensselaer A Saratoga
do
63*
9J
23
Atchison, Top. A S. Fe 7b gld
Atchison A .Nebraska 8 p. c...
uur. A Mo. River, stock...
1U2* U*i2*x
9*
96*
100*
9S*
87*
Ask
75
35
15
95
Kockf’d.K I.A St. L.lstls.glc
St.Jo.AC.Bl.
11
7s
87*
101
10
31*
60*
63*
Arkansas Levee bonds
Peoria A Rock I. 7’s, gold ...
Port Huron A L M.Ts, gld. end
do
do
Is, gold....
Pullman Palace Car Co. srock
do bonds, Ss. 1st series
do
do
St. Jo. A Den.
89
Rid
8KOXJK1TIKS.
Rome A Watertown vg
Miscellaneous List.
Hr,
...
...
62*
62V,
Del. A Hudson Canal lstM.’9i
do
do
1884
do
do
' 188
Lome Inland RR 1st M
Nashville A Decatur 1st M. 7s
South Side. L.i, 1st Mort. bds
Western Union Tel. 1st M.7s.
Mh
88
dull. N. Y. A E. 1st M.. 1»77...
do
large bonds..
100
Ian. A St. Jo. Land G1 ants
79
do 8s convertible m. 75
do
.j:
Illinois Central 7 p. ct., 1875..
91
Dub A Sioux C., 1 b» M
93
do
do
2d dlv
82
Cedar Falls A Minn. 1ot M...
7i'
6o
[ndianap., Bl. A W. IstM
65
do
'•do
2d M...i..
101
loo*
Mich. So. 7 per ct. 2d Mort
Mich. S. A N I. S. F. ip. c.... 102S 103
do
81*
12*
do
30
33*
°
t8*
76
72*
^0
79*
93
M
Han. A Cent. Missouri 1st
82
37
81
Pekin,Lincoln A Decatur IstM
Cm., Lafayette A Chic. 1st M
82
Dock Bouub
uong
N, Y., New Haven A Hartford i?2
132*
Ohio A Vfississipnl, preferred. 40* 43
Pacific of Missouri
95
Pitts.. Ft W. A Chic., guar.,
«ce
-8
96'
82
70
Lafayette, Bl’n A Miss. 1st M
Atchison A P. Pk,6sgold ....
Atlantic A Pacific L G. 6s glo
88*
lvS*
97*
72
Central Pacific
Chicago A Alton
|
....
..
ITT I
1UU
105
ioi*
.
20
.
do
Uh
...
68.
do
97*
..
,
6“, do
do
do
do
•
53
.
95
st. .*n. i^sne.
£2
52
60
Tol. A Wab’h, lsi Mort. ext’d
do
1st M. St L dlv
do
2d Moit
do
Equip. Bds...
do
Cons. Convert
Hannibal A Naples IstM..
Jreat Western, 1st M., 1888...
do
2d M. 1893..
Quincy A Tol., 1st M.. 1890...,
111. A 80. Iowa. 1st Mort
-
Asylum or Unlv r
io
do
do
do
do
*
»
•
Michigan 6b, 1878-79
d
m
do con.conv...
do
Am. Dock A Improve, bondMU. A 8t. Paui 1st M. 8s P.D.
do
do
do 7 8-lfido
7s gold R. D
do
do
do
do 1st Mort. LaC.D
do
1st M. I.A M.l).
do
1st M.l. AD.,
do
do
do
do
1st M. I.A I...
do
do
1st M. II. A D
IstM. c. AM.
do
do
2d M
do
do
do
Ihic. A N. Western S.Fund...
do
do
Int. Bondido
do
Consol, bds
do
Extn. Bdido
do
do
1st Mort..
do coun gld bds
do
do reg'd
do
do
Iowa Midland, 1st mort.,8s...
iuiena A Cnfr.ago Extended
do
2d Mort...
peninsula 1st Mort.. conv.
Chic. A Milwaukee 1st Mort...
Winona A St. Peters i st m
do
2d m..
0. C. C. A Ind’s 1st M, 7s, S. F,
D.il., Lack. A Vi eatern, 1st M
do
2d M..
do
do
7s conv.
do
Morris A Essex, 1st Mort
Mo
do
2d Mort.
do
do
Conv bonds
do
do
C ns ruction
7s f 1871....
no
do
Erie 1st Mortgage Fxi nded
E djrped..
do
do
do 2d do
:
Is, I87.i
'*<i
8d do
7s,1883
do Uh do
7s, 18X0
•’<> 5th
no
7s, 18o8.
do 7s, cons. mort. gold bds..
...
8s
do
•
lto'
6s, levee bondB
do
6s, 1888
do
7s. ’878
Missouri 6s, due In
•
....
.00
Louisiana 6s..
do
do new oonds..
do new floating debt
do
do
do
•
103*
lUl
n0
6s coupon,’77
do
1879
War Loan
8s
8s
....
s3”
5s
23*
.
98
Louis, Jack. A Chic. 1st M
jnlc., Bur. A Q. 8 p. c. \**- M.. l MX
;nic. K. Islana A Pacific
1.J6X 106*
It 9
Central ofN. J.,lstM., new.,
do
2d Mort
•io
i6”
•
99*
3t.
...
112>
18*
T2*
As!
CouhuI. 7s
do
Guaranteed
do
do
ex coup
Chic. A Alton Sinking Fuuu..
do
do
1st Mortgage...
Income
do
do
foMet A Chicago, 1st Mort....
Louisiana A Mo., 1st M. guar
...
18
tld
• BOUBITIBB.
Tol., Peoria A War. 2d M....
250
99
Bur., C. Haplds A Minn.1st 7b,g
Jbesapeake A O. 6s, 1st m
*
...
7s, Gold bonds
do
3*
4*
dr
Bost., Hartf. A Erie, 1st M.
do
Ask
164 V
do
2d
3d
do
do
do
do
••
.
Kentucky 6s
do
do
do
do
do
116*
90
7b, endorse l...
It ail road Bondi.
Albany A Susqh’a, 1st bonds
116*
25**
Georgia 6s
do
do
do
In liana
Illinois
do
do
Mariposa Land A M. Co....
do
do
pref.
Maryland Coal
Pennsylvania Coal
spring Mountain Coal
IB*
R6*
113
Bid
SXOU BITIK8.
U4*
8sMontAEuf
8«, Alab.ACha
8s
of
do
do
Arkansas 6s, funded
do
7s, L. R. A Ft. 8. lss
lo
7s, M
da
7s, L.R.,P. B.A N.O
io
do
7s Ark. Cent R
OaMfornla7s
do
78, large bonds....
Connecticut Is
Ysk
the per
30
65
88
1
Jane
6f 1874.]
581
THE CHRONICLE
NEW YORK LOCAL SECURITIES.
Bank
Companies.
Marked thus (*)
Capital.
are
Periods.
^
1873
1872
(Quotations by K. 8. Bailey, broker, 65 Wall street.)
Price.
Bid.
Last Paid.
Askd
3,0'0 000
J(K
Bowery
Broadway
J. A J.
MAN.
J. A J.
J. A J.
5:000,(X)0
UX
1UC
25
Bull’s Head*..
Butchers A Drovers.
Central
Chatham
Chemical
Citizens’
250,000
t.l'OO.i X0
300.000
25
25
lOt
800,000
2,000,000
25
450,000
Q-J.
J. A J.
J. A J.
J. A J.
1(X
SOO.nlH)
400.’(XXI
25
100 1,000.000
UX 10,000.000
100
750,000
...
Commerce
Commonwealth
Continental
Corn Exchange*
Currency
10(
100
Dry Goods*
East River
25
25
100
100
IOC
Eleventh Ward*
Fifth
First
Fourth
Fulton
German American*..
Germa-i Exchange
Germania*
Greenwich*
Grocers
Hanover..
Harlem*
1
100
100,00)
1,50 V 0 '
Market
Mechanics
Mech. Bkg Asso’tion..
Mechanics A Traders..
Mercantile
1(K
.
050.(XX)
500,000
400 .(XX)
l,(xx).ooc
25 2 000 000
50
25
100
50
Metropolis*
Metropolitan..
Murray Hill*
St. Nicholas
Seventh Ward
Second
Shoe and Leather
Sixth
State ot New York....
Tenth
Third
Tradesmen’s
Union
West, Side*
i
560,1 0U
100,000
2
1(H)
10.1
Merchants
Merchants’ Ex
Republic
500.CXX)
600 000
5*»
100
50
M.AN.
M.A\.
M.AN.
J. A J.
J. A J.
M.A
J. A J.
J. A J.
J. A F.
F. A A.
J. A J.
F. A A.
J. A J.
J. A J.
J. A J.
J A J
M.AN.
M.AN.
M.AN.
J. A J.
J. A J.
J. A J.
J. A J.
A. A ().
M.AN.
A.A O.
J A J.
J. A J.
J. A J.
J. A J.
J. A .T.
J. A J.
J. A J.
J. A J.
J. A J.
UX)
100
100
100
50
10c
100
ion
100
100
UX)
100
:o
25
50
10’
25
20
100
100
too
100
100
’500,000
600.000
1, (XX). 000
3,000.000
1.235 000
50",000
4.000:000
200,000
1,000,000
1,500.000
3.000,000
200,000
5<X),<M!
1,000,000
400,OOfi
SOO.fKX)
422 701
Q-F.
2,(XX).(XXI
J. A J.
J. A J.
J. A J.
F. A A.
F. A A.
J. A J.
J. A J.
J. A J.
J A J
M.AN.
J A J.
J. A J.
J. A J.
M.AN.
J. A J
4’.2.5np
1,800 (XX)
2,000,<XX*
1.00.000
500.00)
3(X).00O
1,0 >0,000
200 000
UX)
2,(XX),0 0
1(X-
1 (XX) OX)
100
l.'OO.OOO
40
50
ion
1.000,00
1,500,'XX)
201.000
.
24
16
10
8
12
100
10
20
8
May i/74...4
Jan., 2.’74..<
Jan., 2,‘71.. IS
Oct., ’73...Jan., 2/74...J
July 1.78...-Ian
20
8
10
.9
8
Apr. 1, 74.2k
Apr. 1. 74...2
Jan. 2, *74.. 4
May 1, ’74.6k
Feb. 1, ’74...3
May 1, ’74...7
M y, 1/74.. H
.
,
10
20
10
8
4
V)
12
8
14
8
12
12
7
10
10
7
10
10
8
12
10
to
8
10
10
8
6
10
15
7
5
9
T
7k
12
16
12
10
7
12
12
8
8
9
s
G
M
12
9
8
City
.
( ommerce
......
...
•
•
•
.
-
•
t
100
102
10ik
124
......
....
......
1»»
.
39k
80
S 40
125
.....
119
130
5
.......
......
....
113
115
103
.
128
127
-)an. 2,74...5
Jan. 2,74...6
129
July 1/73... 3
.
.
...
101
.
90
p
1B0
146
14.
100
Jan. 1.74...6
Ian. 2.74...5
Jan. 2,74.3k
Feb. 9/74...4
Feb.9. *74.. .4
Jan. 2, ”74... 8
Ian. 2,71...5
Ian. 2,74...6
Inn
71. 4
May. 9.7).. 4
.
96
.....
May 1, 74...3
*
*
*
....
Hamilton
Hanover
Hoffman
Home
Hope
Howard
Importers’* Trad..
Irving
Jefferson
Lafayette (B’klyn)
*
Long lsland(Bkly.)
Lorillard
Manuf A Builders’.
Manhattan
Mercantile
Merchants’
Metropolitan
Monta'uk (B’klvn).
Nassau (B’klyn)..
National
N. Y. Equitable....
New York Fire
N. Y. A Xonkers..
Niagara
North Elver
Pacific
Park
Peter Cooper
iook
iio
91
.
t
160
,
110
.
People’s
Phe’nix (B’klvn)
Relief
.'
Republic
12
10
8
12
11
4
8
8
50
30
20
->0
50
100
25
50
25
100
100
25
50
50
50
(0
50
50
37k
..
.
Resolute
Jan. 2.74...4
Ta-i. 2.74...5
May 1. 74.. .5
Jan. 2/74...4
146
138
135
Rutgers’
St.Nicholas
Star
City R.It. Stocks and Bonds.
Sterling
Stnyvesant
[Quotations by Charles Otis, 47 Exchange Place.]
Par Amount. Periods.
Brooklyn Gas Light Co
25
2,000,000
20 1,200,000
Citizens’Gas Co tlikhn
do
certificates....
300. CO
Harlem
50 i
20!
Jersey City A Hoboken
Manhattan
Metropolitan
*
do
certificates
Mutual, N. Y
New York
100
5 OuO.OOu
25
1,000.00*
5(0,' 00
4,000,000
1,000,000
300,000
1 0
People’s (Brooklyn)
10
do
do
bonds.
Westchester Couutv
50! 1,000,00(1
8<'r,n
1,000,(XX)
Black.tr ot.ifc FailonFerry—stock
1st mortgage
; l (X)
Broadway <fc Seventh Are—Block. 100
1
1st mo tgage
T
(00C
Brooklyn City—stock
1st mortgage
Broadway i Brooklyn)— stock
Brooklyn <fe Hunter’« Ft—stock...
1st mortgage bon is
,
Brooklyn—1st
:o
UXX)
100
too
I (XX)
mort. 500
500
500
Central Pk, N. <f> E. River—stock l(K)
’st mortgage
1000
2u
do
Bid. Askd
Q-F.
•Tan. 15,’71
215
J. & J.
A. & O.
F.A A.
J.& J.
J. & J.
M.& S.
J. A J.
Juuel5,’7i
200,00(1
4O),U00
S’JU.OUO
115.000
100.000
164,1 XX1
Q-F.
5
4
M. & S.
F.A A.
550.000
600,0)1*
214.000
100
1,200,000
2d mortgage c<>ns’d
-
r
900.000
ioo 1,000,000
Eighth Avenue—stock
J. & J.
J. * J.
Q-F.
J. A J.
J. A J.
j.
A j.
A.A ().
A.A O.
J. A J.
F. A A.
M.AN.
J. A J.
Q
F.
J. AD.
J. A J.
J. A J.
M.AN.
A.AO.
1st mortgage
UXX)
203,000
42d St. A Grand St Ferry—stock.. 100
750,000
1st mortgage
1000
220,000
.
Grand Street it Newtown—stock.
170 (XX)
20
lark Avenue—stock
254,000
1st mortgage
.ooo
300:000 M.AN.
Ninth Avenue—stock
10(1
797,000
1st mortgage
moo
167:000 J. A J.
Second A veiltie—sto •
50
800.000 Q.-F.
1st mort iage
00"
350,000 J. A D.
2a mortgage
!0 0
200,000 F. A A.
3d mortga >e
l(X’o
1509XX) A. A O.
Cons. Convertible
UXX)
315,000 M.AN.
Sixth Avenue—stock
MX)
750,000 M.AN.
1st mortgage
KXX)
250,000 J. A J.
Ihird Avenue— stock
100 2.000.000
Q—F.
1st mortgage
OOOi 2.000,000 | J. & J.
WlUlamxburg dk hhiibush—stocx. 100
300,000 1
1 «t mortgage
1000
125.000 ■ M .A S.
,
.
♦This column thews
last dividend
on
3
7
3
7
5
53.082 10
200,000
300,000
147,745 14
85,438
10
14
Jan, 74
* ’ ‘ •
70
1884
(84
93
1372
'ioo '
170
75
Jan., 74
”ifb8 *
82k
13-1
1834
1835
150.000
150,000
50
50
100
too
25
100
25
50
100
100
1,000,000
25
25
200,000
150,000
250,000
250,000
15,7 '9
165,316
9mm nm
47 :7M
t
*
t
*
7
4
May.’74
7
1873
2
July’70
7
1878
7
2
7
7
7
7
X85
85
161
100
a
Jan.’74
Feb. 74
1877
1876
1885
1888
5
Nov/73
7 *
1890
4
Feb. 1/74
7
1890
ioo
200 000
1990
New York:
Water stock
1841-63
do
l'-’54-57
Croton water stock.. 1845-51
do
do
..1852-60
Croton Aqued’ct stock. 1865.
do
pipes and mains..
do
reservoir bonds..
Central Park bbnds. .1853-57.
do
do
..1853-65.
1852.
Dock bonds
do
1870
do
216.767
158,628
4
10
Months
5
5
20
7
4
•ian.,
10
....
io
'20
14
16
12
10
.
.
.
,
3k
20
16
l6"
10
7
10
10
10
14
14
10
isk
10
'0
1(0
i‘2
14
14
10
70
•
150
67
105
112
205
190
140
U'5
85
8V
65
J n.,
ian., 74..5
10
6
Feb., 74..5
10
13
10
Jan., 74..5
Jan.j 74. .5
Feb,, 74..5
Jnn., 74..7
Jan., 71..6
14
Jan’74. .7
10
Jan., 74 .5
••
190
102
140
74..8 187
Jan., 74..5 1(X)
Jan., 74 5 75
80
9k an. ,’74 fi
Jan., 74 5 60
26 Feb.,74.1ti 160
5
85
130
65
175
ISO
9S
165
147
60
"95"
5
....
95
...
100
90
85
80
•
•
•
•
140
110
140
lx!5
•
•
••
Price
Payable.
7
6
7
var
Y-
var.
.
do
do
do
May & November.
Feb.,May, Aug.A Nov.
May & November,
do
do
do
do
do
do
do
Water loan
City bonds
...
..
do
do
do
do
do
do
May A November,
do
do
do
do
do
do
do
do
do
January A July,
do
do
do
do
do
do
Bridge bonds
do
do
do
"
1869.
var.
do
do
do
do
May & November.
Feb./May Aug.A Nov.
5
6
5
7
6
7
do
Park bonds
Water loan bonds
do
6
7
6
1865-68.
1863
1863.
Brooklyn-Local Improvcm’t
Kings Co. bonds..
5
6
6
Improvement stock.... 1869
do
do
do
do
do
1870-80
1875-79
1890
1883-90
1884-1911
1884-1900
1907-11
1874-98
1S74-95
1871-76
1901
1878
1894-97
1873-75
1876
1889
1879-9')
1901
1888
1879-82
Bid.
Ask.
89
95
86
80
96
£8
96
96
95
95
104
95
86
Wk
96
88
(5
96
96
104
97
96
W*
97
104
103
9?
100
101
95
96
It’S
1(4
99
95
9S
102
108
1875-80
1881-95
1915-24
1908
1915
1902 1905
1881-95
1880-88
1875-80
103
108k
104 X
ll5
104
95
94
94
96
18771899-1902
1872-79
1874-1900
1875-91
85
*96
*96
*96
86
l^k
104
105*
106
104)4
96)4
95 >4
103X 104
....
i<5
140
100
*
e
■
•
-
'ICO
]
,
Jereey City:
Water loan
do
a
.
1
etockef also date of maturity of bonds.
•
••
1852-67.
1869-71
Sewerage bonds
1866-69.
Bergen Douds
1868-69.
Assessment bonds... 1870-71.
•
And interest.
January A July,
do
do
do
do
do
do
Jan., May, July A Nov.
•
ju>“
"80"
Apl., 74..6
Jan., 74.10
14
10
5
•
90
155
90
95
10
Jan., 74.10
Feb.: 71.10
•
•
171-
12
20
-
•
106
100
Jan., 74.10
Feb.. 74.10
Jan., 74.. >
J on. .’74. .5
18
135
•
80
:o*
18
20
10
74..5
81
130
Id)
1,0
102
75
85
150
Jan., 74.1!'
Ian., 74.10
J»n.,’74..5
....
3k
18
23
11
12
12
12
11
10
97
20
20
16
25
6
20
16
Feb., May Aug.A Nov
5
6
i860.
do
(o
Consolidated bonds
Street imp. stock'
do
do
City bonds
0
7
83,235 io“
66,27'.* 10
32,8 3 10
43,447 10
131,409 0
62,! 86 4
150,000
200,000
200,000
20
10
10
15
2-0
80
150
100
80
101
75
100
100
City Securities.
do
6
10
'6
10
12
12
11
12
10
10
16
97"
100
[Quotations by Geo. K. Sibtare.]
Soldiers’aid fund
•
57,RS8
io
75
Over all liabilities. Including re-lnsurance, capital and profit scrip.
126 per cent in scrip and 5 per cent, in cash.
Market stock
May/74
11,631
200,000
300,000
200,000
2(XM’0O
20
10
T
.
.....
72k
65
95
95
Jsn .’74.10
10
K)
10
....
12
20
12
20
16
.
90
90
70
104
Jan., *74. .5
io" Mih./74Stt
10
10
11
20
•
*
Floating debt stock
......
•1
827,584
111,467
255,6-14
181,:V79
184,417
96,107
183,209
350,000
200,000
200,000
Kate.
69
May ,’74
1882
1890
1877
250.706 18
176,0 3 16
11.840
.
115
213
io?
Jan.,’74..5
7k Jan. ,’74.. .5
5
Jan., '74.10
Jan., ’74. .7
15
is
....
85
no
210
100
80
98
Jan., ’74.li
Juh ., *74. .5
Jan., ’'4. .5
Jan., ’74..5
Jan., *74..5
Jan.,’74..5
Jan.,’74 .5
Jan., ’74..5
Jan., *74.10
J» n.,’74..5
Jan., ’74. .5
Ja .,’74..7
....
t
150
.
100
1
7
7
7
t
2(0
Bondsdue
1880
7
7
7
26/01
137,('86 11
190,2)8 20
46,5:9 12
500 .(X)0
10
15
....
87,540 '20
200,000
210,000
200,000
2<K),000
....
.
260,705 16
74.40 10
18,336 10
200,000
150,000
200,000
200,000
300,000
150,000
200,000
n.,*74..5
Interest.
I
7'
«k
77.573
85 087
J
110
J an., ’73.
|Jan., ’74.i 125
7
5
5
150,000
200,000
2 0.000
250,000
25
50
io
10
io
-r,
«...
80
100
200
170
lu0
125
145
120
80
70
90
Jan., *71. 5
Jan., 74..5
10
244,672 io
128,827 10
93,874 so
59,418 5
22,583
4.520
10
8k 10
.
t
io
50
iso’
,
I
.
10
10
20
10
May 1 74. 1(0
Jan.,
74j ....
5
5
7
187,544 i0
33.329
238,989 10
9,930 5
62,187 12
57,210 10
10
11
15
.
xo
Feb. ,’74. .5
90
Jan., ’74..5
96
Jan., ’74. A
12k 12k Jan. .’74.7k 114
28
24
Jan., ’.4.25 250
•1 an., ’74..5
70
8t
20"
ian ,'74.. H> 145
17k
16
16
150
4
10
....
20
10
65
60
60
115
100
'.0
95
180
150
Ylch.16/74
7
Askd
5
10
10
10
225
1,161,000
UXX)
mort 000
C*ney Inland dk Brook'n—ist
Dry Dock, E. B. A Battery—stock
185
*74.
Mch., ’74.
10s. N'o v. 1, ’73
644,000 1 J. A J.
2,1(K),(XX) J A J.
1,600,000 J. A D.
2,(XX),000
300,000
175
Feb.j ’74’.
ian..
Tradesmen’s
United States
Williamsburg City.
m
M.&N.
40 ’,000
Williamsburg
Atlantic Av
2d
do
3rd
do
886,000
750,OOP
.
Nassau. Brooklyn. .
do
scrip
«lO
1,8:>0,000
50; 4,000,000
100 2,800,000
Last
dlvuiend.
io
2(7,874 •20
2).653 10
112,555
isoiooo
as
..
15,645
Feb./7i. l(
Jan., *74. .7
Jan., ’74..5
Jan., *74..5
8k 8k Jan.,*74...5
20
•20
Ap ., ’74.15
10
J n.,’74 .5
10
10
10
an., ’74. .5
7
Jan., *74..5
5
5
Jan., ’74. .5
Jan., '74..5
io io" Jan., *74..5
io
10
10
Jan., ’74.10
Jan.^l.^k
....
10
P8, 18
257,122 16
80,6 0 11
280,000
100
ia>
fO
25
25
100
20
Standard
and
Bid.
......
Feb.,"74 jo
•20
20
isk 7
14
20
10
17
10
5
10
5
11
13
20
20
20
10
74,204 20
70,493
20
20
14
10
10
80,766
21,7*5
Jan. .-'71. .5
uec ,*78. iu
,
f.
14
10
11
10
1ST 974 18
•20
10
69.;:
4
86.872
200,000
200,000
150,000
400,000
200,000
2,500,000
150,000
f 00,000
200,(XX)
200,000
200,010
150.000
50
t
14
10
.
98,640
20,34'
27,093
50,131
20 ,000
50
50
100
25
50
5
14
6
10
14k 14k
193.094
500,000
:5
...
150
.
3k Jan., *74..5
Jan.,’74..5
Jan., ’74..7
Jan.. ’74..5
5
Jan., *74..5
10
....
17
12
10
20
10,462
15
214,850 16
224,865 20 20
13
227..432 83k
200,000
200,000
200,1X0
204,000
150,000
150,000
200,000
1,0-0,OOP
50
50
25
100
Guardian.....
Mech.ATrad'rs’....
Mechanics’(Bklyn)
87 k
11 *
UX)
May, 73... 5
Jan. 2.74...4
Jan., ’73. .3
Jan. 2.74 ..4
-Jan. 2,74.8k
Jan. 2.74...6
Firemen’s
Firemen’s Fund....
Firemen’B Trust...
Gebhard
German-Amerman
Germania
Globe
Greenwich
Lamar..
Lenox
......
.
48,768
318,257 20
300,000
210,000
250,000
300,000
2(0,000
200,000
1,000,000
too
30
5*
17
10
10
10
UX
—
Knickerbocker
......
.
Farragut
Kings Co. (B’klyn)
120
110
.
200,000
800,000
WWjWV
Empire city
Exchange
...
•
250.000
200,000
158,000
50
10C
..
Continental..
200,000
200,533 18
45,287 12
15,193 10
200.1X0
10c
Fire....
Commercial
15,285 10
6,598
200,000
400.000
am nm
«
.
May.li 74..4
Apr.10 *74...4
10
“7
Citizens’.
•
.....
......
Apr. 1. 74. .4
12
•
.....
July 1.73.. .3
Jan.,2,74 4
Jan., 5/74...5
»■»
7
•
......
..
10
9C
Jan. 2/74...4
4
8
8
10
14
6
5
8
3
8
8
8
,2 74
1871 1871 1872 187? Last Paid.
1874.*
200.000
......
M«y l. 74...4
•May 1.74,..5
May 1/7: ...5
10
10
.
-Jan.,2,71...6
lan., 2,74... 5
Jan
•
•
125
••••••
J*»n., 1 71...6
Feb.12,’74.9k
Jan. 10/74... c
Feb. 1U/74..5
Jan., ’78...4
8
10
10
8
6
J
Broadway
Brooklyn
Columbia
Jan.,2,74...f
4
128k
......
Jan, 2 ’71, 4
Mch. 1/74.:. 4
Jan. ,2/74... 7
12
Bowery
Brewers’ A M’lst’rs
Clinton
May 1/74..1“
Jan., 2/74...5
10
10
133
100
122
Jan. 2/74.. .4
J n. 2, 74.8k
...
7
20
10
8
8
101
131
300
121
25
10C
50
IOC
25
5(
25
UX
25
17
2C
70
:ot
s(
Adriatic
./Etna.
American
American Exch’e..
Arctic
Atlantic
*
184
123
May i,’74..1c
Jan., 2/74...£
14
15
9
10
14
6k
....
«...
127
1
May 1,’74..M
Jan.. 5.’74. .-<
JulyiO,’73.8k
-
Par Amount
15S
Price.
Dividends.
PLUS,
Jan. l,
In*
2/74... f
7
8
7
10
12
151
Jan. 2,"74...3
8k July, 1’73.3k
July, *72.3k
io Feb. 2, 74...5
12
Jan., ’74...4
10
16
6k
8 ‘
7
.
500.000
1.500.0 0
200.000
24
20
8
J. A J.
M .AN.
F A A.
ooo.hk*
inn
100
100
Peoples*
Phenix
Q-J.
Q-J.
20’,000
800.1 XX)
iUU
Nassau*
National Gallatin
New York
New York County
N Y. Nat. Exchange..
N Y. Gold Exchange*
Ninth
Ninth Warn*
Nort i America*
North River*
Oriental*....
Pacific*
Park
150.000
500 (i0 *
10
8
20
Q-J.
2(0,000
25
40
Importers’ A Traders’.
Irving
mop
J. A J.
J.& J.
100
:«)
100
Leather Manufactrs...
loaners’*
Manuf.-trers’A Build.*
Manhattan*
Manut & Merchants*.
Marine
2
10
8
10
8
12
36
10
J. A J.
MAN.
J. A J.
J. A J.
J. A J.
F A A.
100,00)
1,000, OCX)
350,000
5.000.000
60),OCX'
000,000
’2* 0,'XX)
20b, OO *
30
ev.
2,000.000
1,000000
100
l trt
Gas
Net sdh
Capital.
Companies.
Exchange
City
Insurance Stock List.
Dividends.
Pai Amount
not National.
American
Stock List*
V
[June 6,1874.
THE OHRONICtaS
5S2
line is imme¬
writing you that the consolidated Canada Southern
diately to be furnished with money and material to
3nt)£0tnunt0
AND
STATE, CITY AND CORPORATION FINANCES.
EXPLANATION OF STOCK AND BOND TABLES.
1. Price* of the most Active Stocks and Bonds are given in the
ers’ Gazette,” previously.
Full quotations of all other securities
found on preceding pages.
2. Government Securities, with full information in regard
8sne, the periods of interest payment, size or denomination of
numerous other details, are given in the U. 8. Debt statement
The Chronicle on the first of each month.
“ Bank¬
will be
construct the
road from Favette, Ohio, to Chicago. GeneraT J. S. Casement, the
‘Lightning Track Layer/ the man who "built the Union Pacific
road, is to have charge of the construction, and, as stated above,
will in a few days begin the rendezvousing of his army of
employes here at Grosse Isle.” As to the route he says: “ The
Canada Southern line at present extends and trains are being
run to Fayette, Ohio, a distance of 86 miles from Trenton Cross¬
ing, leaving only 160 miles to be completed to land the road in
to each
bonds, and
published in Chicago.”
Cincinnati Sandusky & Cleveland.—The President of the
3. City Bonds, and Bank, Insurance, City Railroad and
Gas Stocks, with quotations, will usually be published the first three
Cincinnati Sandusky & Cleveland Railroad Company reports
weeks of each month, on the page immediately preceding this.
4. The Complete Tables of State Securities, City Securi¬ having settled up the civil suits of the company against Rush R.
ties, and Railroad and Miscellaneous Stocks and Bonds Sloane, the defaulting ex President. The settlement was made
will be regularly published on the last Saturday in each month.
The publi¬ on a basis of $250,000, consisting of real estate and notes, bonds
cation of these tables, occupying fourteen pages, requires the issue of a
and mortgages. This settlement has nothing to do with the
Mlement,
is neatly
stitched
in with the usual edition and furnished
Chronicle.
regular which
subscribers
of The
criminal suits.
Delaware Lackawanna & Western Railroad.—
diBpatch from New Orleans, Jane 2,
On June 19, 1873, the Lackawanna & Bloomsburg Railroad was
says the Supreme Court have decided that the Levee bonds, consolidated with tttid has since been operated by the Delaware
issued under Act No. 32 of 1S70, are valid obligations of the Lackawanna & Western Company. It gives the company an out¬
State. These bonds had been enjoined, and*in consequence of let at
Williamsport, and has itself always been a large coal
that injunction the Stern Brothers of London and other large carrier. The leased roads remain as at our last report.
foreign bondholders had begun suits against the State Funding
The only dividend paid during the year 1873, from the earn¬
Board, If these suits should be discontinued, the Funding Board
ings of that year, was 5 per cent ($1,175,000) paid or payable
will begin funding in July, paying the interest on all the bonds
July 15, 1873. No further dividend was paid until April 20,
to January 1, and the interest on the new bonds to July 1.
1874, when the company recommenced the payment of quarterly
South Carolina Bonds.—The following notice was read at the dividends at the rate of 10 per cent per annum. The leases, iu
Stock Exchange on the 1st inst.:
addition to their constantly increasing construction and equip¬
F. L. Cardozo, Treasurer of the State of South Carolina, gives notice that ment, and in the rents and dividends paid therefor, appear to
the following bonds of the State, issued under act March 23, 1389, entitled
have required the available funds that would otherwise have
“Loan for the Conversion of State Securities,” are authorized to be funded
Louisiana Finances.—A
into “Consolidation bonds,” they having been duly exchanged, and represented,
by bonds on file, viz.:
Denomination of $1,000, numbered in rod—No. 1 to 519, inclusive ; No. 521
to 1,130, inclusive; No. 2,451 to 2,475, inclusive. Denomination of $1,000,
numbered in blue—No. 3,271 to 3,496, inclusive, 3,498. Denomination of $500,
numbered in red—No. 1 to 237, inclusive; No. 1,001 to 1,200, inclusive. De¬
nomination of $100, numbered in red—No. 1 to 120, inclusive.
The Legislature has declared that the remainder of the “Conversion bonds”
were put upon the market without any authority of law, and are absolutely
null and void. The disputed bonds are not a good delivery from this date as
regular South Carolina bonds.
Very respectfully,
Edward
Brandon, Chairman.
Virginia State Finances.—The following is from the Second
Auditor, Hon. Asa Rogers, in a circular of May 26 :
In reply to the question as to the deduction of tax from interest paid on our
public debt, I have to say that the tax will be retained as heretofore on pay¬
ment of interest for January, 1874, and preceding periods. But for that
due 1st July next and Subsequently, non-residents will not be subject
falling
to any
tax, “when it is made to appear, by satisfactory evidence, that the bonds
on which such interest i8 paid are bona fide the property of a person not a
resident of this Commonwealth.”
Asa Rogers. Second Auditor.
Atlantic & Great Western.—A meeting of the stockholders
will be held at their general offices, Nos. 74 and
76 Wall street, on Thursday, the 25th instant, for the purpose of
of this company
considering and acting upon the lease of the Atlantic & Great
Western Railroad to the Erie Railway Company, then to be sub¬
mitted to them for their vote upon the acceptance or rejection of
the
same.
Construction Company.—The
annual meeting of the California and Texas Railway Construction
Company was held in Philadelphia, June 4. Resolutions were
adopted providing that the suggested changes in the character of
the Texas and Pacific Railwav Company’s securities, as set forth
California and Texas Railway
in resolutions passed May 6, covering the reorganization of the
affairs of the Texas and Pacific Railway Company and of the Con¬
struction Company be
full authority at their
referred to the Board of Directors, with
discretion to carry them, in whole or in
part, into practical effect. An election for Directors resulted as
follows: Messrs. W. T. Walters of Baltimore, J. W. McCullough
of Pittsburgh, H. G. Stebbins of New York, J. E. Brown of
Atlanta, H. II. Houston and Frank S. Bond of Philadelphia, John
McManus of Reading, Alfred Gaither of Cincinnati, S. F. Miller
and W. C. Hall of Louisville, W. G. Audenreid of Philadelphia,
W. C. Hite of Louisville, D. S. Small of York, Penn., and George
E. Quintard of New York.
Central Railroad of Iowa.—A bill in Chancery was filed in
the United States Court, Des Moines, la., June 2, for the fore¬
closure of the first and second mortgages of the Central Railroad
of Iowa, and tlie appointment of a receiver pending a decision.
II. E. Boardman, A. V. Lynde, Charles Alexander, of Massacku
setts, and numerous other bondholders are complainants. !
Central of New Jersey.—The new loan obtained in England
on the bonds of the Wyoming
Coal and Iron Company, guaran¬
teed by the New Jersey Central Railroad, is for £2,000,000 or
$10,000,000, and is payable in four instalments of £500,000 during
the
been divided.
This company is also a mining company,
owns
of coal lands.
The progress of the development
is measured by the production and
and
See “ Comparative
year to year.
ROAD AND
*
Main Line.—Delaware River, N. J.,
Lackawanna <fc Bloomburg Division
Total
length of railroad (steel 105%
Second track 122, and side track 36
Total
Gauge of
Chesapeake and Delaware Canal.—At the annual meeting
Company the report of the
following:
$441,905 53
Expenditures
383,875 37
Cash on hand
Less five months’ accrued interest
Balance
A resolution that
.
.
no
cash dividend be declared
at
$78,013 16
k49,842 08
$28,188 08
this time was
adopted.
Chicago & Canada Southern.—A correspondent of the Chicago
Inter-Ocean writing under date of May 16, said, with regard to
the completion of this road :
For gome time negotiations have been pending with influ¬
ential parties to this end, and at last I have the pleasure of
e
115 0 miles,
York State line
(consolidated June 19, 1873).. 80 0 “
to New
195 ■ 0 miles.
158 0 “
miles)
353'0 mile*,
track
length computed on the basis of single
Equipment.—Locomotive engines (passenger 34, and freight 40 tons), 153.
Passenger cars, 1st class, 26, and 2d class, 41; baggage, mail, and express
cars, 14] caboose cars, 76: freight cars, box, 418, and truck,
ore, and stone cars, 11,404. Total of all cars (irrespective of wheelage), 12,645.
Telegraph Line.—-Delaware River to State line and Bloomsburg, 195
OPERATIONS AND FISCAL RESULTS.
Train Mileage.—Passenger trains run, 426,759 miles; freight trains, 665,899, and
coal trains, 3,150,773, or a total of all trains, 4,253,431 miles.
Passenger Traffic.—Passengers carried—through, 7,659, and local, 215,484, or a
703; and coal,
miles.
total of 223,143; passengers
carried one mile; 12,204,795.
Average fare-
mile, 1*75
Freight Traffic.—Freight (including coal) moved—through. 65,729, and local,
4,383,010, or a total of 4,448,739 toils; freight, &c,. carried one mile, 183,579,606
tons.
Average charge—through 2, and local 3 cents per ton per mile.
through 3, and way 3% cents.
cent.
Average cost per passenger per
Average cost per ton per mile, 1*5 cents.
Classification.—Coal, anthracite, 3,785,044,
petro¬
castings,
and bituminous, 15,599;
2,652; iron—pig 34 551, railroad 68,240, and
17,964; iron and other ores, 109,841; stone and lime, 103.356;
leum and other oils,
agricultural
merchandise and manufactures, 72,119; live stock, 8.446;
lumber, 152,095; and other articles, 11,154 tons. Total (as above), 4,448,739
tons.
Gross Earnings.—Passenger, $404,081; freight, $5,507,388; mail
and express, $44,568; use of cars, $286,968; and miscellaneous,
products, 67,678;
•
$6,248,465
$5,460. Total
Operating Expenses—Roadway and structures, $789,786;
engines, cars and machinery, $873,631; and transporta¬
$2,748,162
tion, $1,084,763
130,485— 2,878,64t
-
State taxes
Nett Earnings.—Profits from the year’s
Interest on bonded debt
Dividend on stock (July 15, 1873) 5 per
business
.- —
cent
$3,369,848
..
$531,872
1,175,000
435,162— 2,142.034
...
Construction and equipment.
$1,227,784
Capital stock authorized, subscribed and paid, 470,000 shares..... $23,500,000
Funded debt
6,872,200
Residuary balance
FINANCIAL CONDITION
AT CLOSE
OF YEAR.
Floating debt—vouchers,'pay-roils, &c., $1,377,452; taxes, $330,468;
interest, $1,049,380; and other liabilities (Cime), $602,705
Total liabilities
Construction account.
3,360,005
13,541,031
t33,732,205
5,680,323
*-••••
*' • •
Equipment account
12,110,968
2,899,883
'Other
property (coal lands, mines, &c.)
Available Assets
Total property and assets
Hoad and
Main line
L. & B. Division
miles.
$33,732,205
*•* *;***
YEa.bs*
COMPARATIVE STATEMENT FOR FIVE
1869.
113*0
Equipment.
1870.
1150
...i
1871.
1872.
1150
115*0
....
1873.
1150
800
—
195*9
Total railroad
Second track
Side tracks
113*0
600
20*0'
115*0
72-0
200
1150
82*5
200
1150
990
200
Equivalent single track
193*0
207*0
10-0
103
19
124
14
217*5
360
128
234 0
60*0
128
14
5
1,197
—
Steel rails in tracks
Locomotive engines
Coal
cars
153
30
14
9
5
876
880
6,662
8,000
10,299
10,516
11,404
8.895
11,198
7,514
Operations and. Fiscal Results.
11,480
12,645
1872,
|873.
1869.
Miles of railroad
3530
105%
824
cars
Total of all
22-0
36*0
20
9
935
Passenger cars
Bag., mail and express cars.
Freight, cab, box and flat
“
Statement” (below.)
EQUIPMENT.
track 6 feet. Rail 60 and 65 pounds.
summer.
of the Chesapeake & Delaware Canal
directors was submitted, showing the
Receipts
large tracts
of these interests
transportation of coal from
operated...
Passenger train, miles
113*0
155,103
1870.
,.(14 mos.)
1871.
115*0
115-0
115*0
181,803
238,336
S4‘< ,938
1950
426,759
Jane
6,1874*)
am,
Freight train, miles
1870.
280,307
362.893
1,384,943 2,274,9C5
Coal trains
Passengers carried.
189,988
Freight (tons) moved
399,884
1,594,062
$
Passenger earnings
191,973
Freight and coal earnings... 2,201,115
Other earnings
24,236
Coal (tons) moved
Total gross earnings
583
TffiB
1871.
584,811
1873.
439,432
1873. ~
665,899
2,566,890 3,150,773
249,578
228,143
427.592
648,096
2,920,079 3,800,643
$
$
219,628
404,081
1,624,85!)
234,169
883,630
2,871,284 1,979,938
$
$
263,862
216,378
3,826,002 3,095,573 4,266,091 5,507,388
260,969
16,358
39,533
336,996
234,000
626,790
2,417,324 4,106,222
1,779,479 2,£65,709
3.351,484 4,746,678
1,801,761 2,037,169
6.248,465
2,878,647
637,845 1,240,513 1,549,723 2,709,509
231,560
231,560
201,820
300,288
Dividends
1,410,060 2,573,663 12p.c. scrip 1,956,205
Construction and equip
511,124 4,335,000
1,197,786
Financial Condition at Close of Each Tear.
Capital stock
14,100,600 18,808,850 18,858,850 20,000,000
Funded (D.L. & W.) debt.. 3,308,000 3,306,000 2,744.000..5,394,000
Funded (L. & B.) debt
2,190,000 2,650,000 4,319 918 4,239,545
Floating debt
3,369,818
Operating
expenses
Nett earnings
Interest
.
.
Total liabilities
Construction
23,500,000
5,394,000
1,478,200,
3,360,005
19,598,600 24,766,850 25,922,768 29,633,545 33,732,205
9,250,000 10,100.000 10.144,499 10,758,840 13.541,031
3,250,000 3,725,0Q0 4,200,482 4,756,427 5,680,323
Equipment
Construction and
531,872
1,175,000
435,162
12,500,000 13,825,000 14,344,981 15,514,767 19,221,354
Lands, mines, &cM Ac
7,098,600 10,941,850 11,577,787 14,118,778 14,510,851
Detroit & Milwaukee*—The Detroit Iribune of May 23 stated:
“
The holders of bonds have been urgently pressing their claims
for the interest due them, and the company has been earnestly
equip
Int. on bonds, $395,540; and on floating debt, $77.216
Dividends on P. A K. RR. stock, $44,484; on Yarmouth
certificates, $2,334; and on interest scrip, $29,814........
Rent of D. A N. RR,, $18,000; and of B. & M. Lake RR.,
$472,756
76,632
$36,600
Discounts and commissions
on
54,000
3,742
130,158— 737,288
bonds sold
Improvement account
....
-
Residuary balance carried to profit and loss
$288
CLOSE OF YEAR.
FINANCIAL CONDITION AT
Capital stock, $3,615,800; and stock, bonds, Ac., $18,720
$3,634,520
Portland & Kennebec Railroad, stock
Yarmouth stock certificates
$741,400
37,000 —
Total amount of stock account
$4,412,920
City of Bangor loan, due 1874
Androscoggin A Kennebec RR. loan
Balance of $400,000 loan
$475,000
1,100,000
500
496,500
756,800
Maine Central Extension loan
Maine Central $1,100,000 7.d. b. loan
Portland A Kennebec RR. 1st mortgage loan
“
“
“
funded interest loan
“
“
“
consolidated loan
2,828,800
$217,300
17,583
1,166,700— 1,401,588
Androscoggin Railroad, City of Bath loan
$425,000
Leeds A Farmington Railroad loan
Somerset A Kennebec RR. 1st mtg. loan, due ’74
“
“
“
2d mtg. loan, due ’76
Maine Central consolidated 7 per cent loan
Total stock ($4,412,9205 and bonds
Maine Central interest scrip
Notes payable
778,400
633,000— 1,058,000
:
$300,000
260,000-
560,000
545,800
$10,807,108
($6,394,183)
496,892
881,640
Sundries, $19,114; and profit and loss balance, $445,956
465.070
soliciting aid from the Great Western Railway of Canada, which
Total liabilities
$12,650,705
virtually controls it. A board of examination was sent out from Construction (N. C.) account
$6,638,972
295,028
England last winter by the Great Western shareholders, who Improvement (M. C.) account
Extension
C.) account
563,396— 7,542,396
inspected the road and expected to make their report in England Portland A(M.
Kennebec Railroad lease
$2,103,492
before this time.
One of their number, however, fell sick in Androscoggin Railroad lease
768.333
Canada before the party reached the seaboard, and by his illness Leeds A Farmingten Railroad lease
633,338— 3,505,158
Somerset
Railroad
52,716
the whole matter has been delayed. A meeting of the Great
account
1,052,318
Western shareholders was recently held in London, at which the Equipment
Real estate, $52,032; Bangor Pier Co., $51,607; Watervillc iron
report of the examiners was expected to be presented. When it
bridge, $29,094; Ticcnic water power stock, $5,000; Dexter A
Newport RR. stock, $5,000; E. & N. Am. RR. bonds, $1,000; and
was found that it could not be obtained, the other business on
E. & N. Am. RR.
163,728
hand was transacted and the meeting was left open for the pres¬ Balances—due fromloan, $20,000 .:
agents, $7,452; & from compnnies, Ac. $00,109
67,561
entation of the report at a future time. When the conclusions of Notes receivable
6,418
Coal
and
the board are learned by the shareholders they will quickly
wood, $120,829; aud stock for repairs, Ac., $79,604
200,483
Cash on hand
59,987
determine whether any assistance shall be rendered to the road
.
..
.
...;
or
not.”
Total property and assets.
Erie & Pittsburgh.—The working of the late law passed in
Pennsylvania is shown in the following circular :
To the Stockholders of the Fh'ie & Pittsburgh Railroad Company:
By an act entitled “An Act for the Taxation of Corporations,”
the Legislature of Pennsylvania and approved by the Governor of
passed by
said State
the capital stock of railroad, canal and transporta¬
tion companies is increased from one-half of one mill to nine-tenths of one
mill for each one per cent of dividend declared, and from three mills to six
mills on its appraised value, when no dividend is declared.”
Pursuant to the requirements and provisions of the above-mentioned act,
this company, instead of deducting five per
cent, as heretofore, will hereafter
deduct nine per cent from each dividend declared upon its capital stock.
April 24, 1874, “The tax
on
■r
Jersey City and Albany Railroad.—This company has
advertised for proposals from railroad contractors for the work
and materials necessary to finish the road to Haverstraw, to be
received until noon on June 15 at the office of the company, 46
Beaver street, New York. The road is completed and running
from Jersey City to Tappan, some twenty-five miles from Jersey
City, and of the remaining fourteen miles to Haverstraw, eight
are
graded aud ready for the iron. The completion of this road
will open a fine section of dairy land, which hitherto has met
some difficulty in bringing its produce to New
York markets.
Full particulars can be obtained by contractors on application to
Mr. E. K. Alburlis, President of the road, at the office above men¬
tioned.
Maine Central Railroad.—
The Maine Central and the Eastern of Massachusetts, under
contract dated June 10, 1873, are now operated in connection, and
this joining of interests is the natural result of the location of
the lines, and must inevitably prove beneficial to the companies
and the public in general.
The same policywill probably be car¬
ried out as relate^ to the European and North American, and
thus there will be established a great through line from Boston
to St. John and Halifax, at the latter point connecting with the
$12,650,701
COMPARATIVE STATEMENT FOR FIVE YEARS.
Road and Equipment.
.
Maine Central RR.... .miles.
Leased lines
.miles.
Total railroad
.miles.
Sidings and other t. ack
Equiv. single*track
Locomotive engines...
Passenger train
Freight train
Total of all
“
it
cars...
cars
cars
1869.
110
14
1870.
110
14
1871.
110
228
1872.
129
228
1878.
129
228
124
11
124
338
18
357
11
22
357
25
135
135
356
379
382
15
18
50
55
60
30
309
30
320
92
848
92
108
1,090
339
350
940
1,192
■
1,396
1,504
Operations and Fiscal Results.
1869.
86,265
Passenger train miles.
Freight train miles.
Passengers carried....
Passenger mileage....
Freight (tons) moved
1870.
89.284
1871.
1872.
1873.
418,026
532,807
897,910
672,215
580,593
428,150
92.710
93,730
326,786
177,161
584,507
719,764
6,581,531 20,932,599 24,930,491 27,622,470
359.286
314,902
401,90?
97,989 108,201
.
183,849
5,548,889 20,813,730 21.034,946 23,15G.681
$
$
•$
$
288,902
877,409
696,914
916,405
947,805 1,010,615
272,096
795,922
70,600
39,041
103,593
27,285
141,^57
Freight mileage
•
•••••
$
298,815
259,537
Passenger earnings...
Freight earnings
Other receipts
Total gross earnings..
Operating expenses...
585,037
405,499
590,039
414,109
1,563,436
1,094,639
Net earnings
180,138
175,810
468,797
Financial Condition at Close
Stocks, stock bonds, Ac..
Funded debt
Interest scrip
Notes and accounts
Profit and loss
Income balances
.
1,928.807 2,068,077
1,328,982 1,380,501
599,825
737,576
of Each Year.
$
$
$
1,717,920 3,434,520 4,227,920
2,299,400 2,563.000 5,958,398
73,354
’ 292,852
297,700
149,349
$
4,416,720 4,412,920
6,800,409 6,894,188
4W.892
496,892
496,892
740,324
820,215
900,754
_
steamship lines to Liverpool.
691,190
445.956
The road during the year 1873 has been well attended to.
Besides ordinary repairs, it lias received many new structures, Total liabilities
4,383,526 6,445,169 11,423,534 12,726,026 12,650,705
and especially and notably almost all the bridges on the line have Maine Central RR
4,121,694 4,220,435 7,466,460 7,542,368 7,542,393
1,716,600 3,304,758 3,505,138 3,505,156
been rebuilt or otherwise renewed.
The rolling stock has been Leased lines
Somerset RR
51,658
52,608
51,357*
52,716
51,121
*
*
increased by 6 locomotives, 6 passenger cars, 5 baggage and Equipment
602,658
710,413 1,052,318
t
mail cars, 1 postal car, 200 merchandise cars, 115 platform cars, Investments
132.503
163,723
105,339 105,329
t
Cash and accounts
494,189
133,966
29,500 225,320
4 conductors’ saloon cars, and 6 snow-plows.
t
Materials and fuel
191,695
88,784
200,433
75,882
The troubles of the company with the Boston & Maine Com¬ Profit and loss
37,394
pany, which embarrassed their commercial interests as regards
Total property and assets.. 4,383,526 6,445,169 11,423,534 12,726,026 12,650,705
the through business, have been satisfied by tlie settlement of
* In these
the two Boston lines to a condition of peace and amity.
years “equipment” is not separately stated,
This
t Omitted in the original statement.
settlement will be very advantageous to tlie Maine Central, in so
Montclair Railway.—Mr. Abraham S. Hewitt, Trustee, in a
far as relates to connections in the direction of the New England
published
letter states as a reason why this road is not now
capital. There are also in progress improvements at Portland
which will mature into effective aids to the seaward commerce of running, that “the suspension of operations was caused solely by
the injunction of the Chancellor of New Jersey, on the applica¬
that city.
tion of Julius H. Pratt and Henry C. Spaulding, who claim to
OPERATIONS AND FISCAL RESULTS.
own a piece of land over which the road is laid at Bloomfield
Gross Earnings—Passenger, $916,405; freight, $1,010,615; car nse,
N. J.
This injunction is still in force, and I have no right, even
$65,304; U. S. mail. $33,911; express, $37,288; and extra baggage,
$1,836. Total ($5,785 32 per mile)
$2,065,360 if I had tlie means, to resume the operation of the road until the
Kents and wharfage, $2,417; and div. on D. & N. stock, $300
2,717
injunction is dissolved. I have been able, thus far, to keep the
Total receipts from all sources
$2,068,077 upper end of the road in operation, because tlie injunction did
not apply to it, and because parties at that end have indemnified
Operating Expenses—Roadway, $467,296; trains, $410,261; stations,
me against loss.”
$191,003; offices, $35,392; fuel, $176,287; repairs of tools, $2,391:
feneral.
$35,405;
and discrepancies in accounts for 1871, ’72 and ’73,
12,466 (64
34 p. C.)
Net Earnings—Profits from year’s
operations
1,330,501
$737,576
N. Y. Central and Hudson River.—The annual election for
Directors took place at Albany on the 2d inst. About $56,000,000
of stock was voted on, and the following ticket was elected;
584
[June 6, 1874.
THE CHRONICLE.
Directors—Cornelias Vanderbilt, William H. Vanderbilt, William
K. Vanderbilt,
Augustus Schell, Samuel P. Barger. H. Henry
Baxter, Joseph Harkes, Cbauncey M. Depew, Henry R. Pierson,
Walter S. Church, Chester W Chaoin, George J. Whitney, and
James M. Marvin.
Inspectors of Election—Sidney T. Fairchild,
Lansing Pru.vn, and Henry Hogeboom.
The Albany Argus refers to the progress of the ext~a double
tracks on the Central road, and says :
The four tracks will be completed and placed in running order
the coming winter as lar west as Rochester. The grading to that
“
point is now substantially done, and the remainder of the work is
Be it enacted, Ac., That the Secretary of the Treasury be and hereby is
directed to require payment of the Pacific Railroad Companies of all snms of
money due the United States for the five per centum of the net earnings
provided by section 6 of the act entitled *‘\n act to aid in the cons'ructioD of
a railroad and telegrape line from the Missouri
River to the Pacific Ocean,
and to secure to the Government the use of the same for postal, mili.arjr, and
other purposes, approved July 1. 1862;” and in case either of said railroad
companies shall neglect or refuse to pay the same within a reasonable time
after demand therefor, made uoon the tn asurer of such railroad company, the
Secretary of the Treasury shall c rtify that fact to the Attorney-General, who
shall thereupon institute the, necessary mils and proceedings to collect the
same in the proper Circuit Courts of the United States, and prosecuto the
tame with all convenient dispatch to a final determination.
under contract. The masonry and bridges are nearly finished.
The bridges are all of iron, not a stick of wood about them. All
the old wooden bridges are to be removed the present year, the
Pennsylvania Company.—The stockholders <>f the Pensylvania
a meeting in the office at Pittsburgh, June 2. The
now
plan being to have none but iron bridges.
The rails are to be all
The rails and the ties are all on the road ready for use.
The ties are of the most durable quality, many of them yellow
of steel.
pine from Georgia.
Company held
attendance was small, and Thomas A. Scott was absent. A B >ard
of Directors was elected, as foHows: Thomas A. Scott, George B.
Roberts, H. H. Houston, H. J. Jewett, J. N. McCullough, William
Thaw, and Edmund Smith. Mr. Smith was the only new member
chosen. No business of importance otherwise was transacted,
and the
“
From Rochester west the grading is completed on the main
line to Buffalo. There is not so much need of haste on this part
of the route, as tl e Company already have great facilities in that
They have substantially a four-track accommodation
by the road through Batavia and the road through Lockport, und
also a road fr m Batavia to Canandaigua. When the tour tracks
are completed, which will be some time during the next year, the
corporation will have about two thousand miles of track.”
—'ihe New York city authorities have leased the fore¬
shore rights of land under
water between Sixtieth and
Sixty-fifth streets to the New York Central & Hudson River
Railroad Company, on which the company purpose building a
grain elevator capable of operating‘1,250,000 bushels of grain.
direction.
meeting adjourned till the 15th.
Pennsylvania Railroad.—At the special meeting of the Board
June 3, Col. Thomas
of Directors of the Pennsylvania Railroad,
A. Scott was elected President of the road
by a unanimous vote,
place of the late J. Edgar Thomson. The vacancy in the
office of F.rst Vice-President, created by Col. Scott’s promotion,
was filled by the selection of George B. Roberts, the former
in
Second Vice-President.
Pittsburgh Cincinnati and St. Louis.—Rumor was current
or two ago that the paper of this road had been protested*
The Philadelphia Ledger says : “ Wfe called at the office of the
company to obtain information in regard to it.
The reply was
that there was not a note of that company in this or any other
docks
will
also
Extensive
be constructed on the reclaimed water
market, and therefore there could be no protest. Further, that,
front, and tracks laid down to connect with the main line. Part
as to the security of the bonds, the earnings of the line since
of the fore-shore is owned by the railroad company, and the terms
They are as
of the new lease of the other portion are as follows: The com¬ January 1 would perhaps furnish the best answer.
follows:
pany are to have control of the land for fifty years, at a rental of
Net.
From all sources.
Gr. Enrn’ge.
Expenses.
$5,000 for the first, term of ten years, $6,000 for the second term, January
$ 69.139
$ 275,413
$206,274
$7,000 for the third, $8,000 for the fourth, and $9,000 for the February
199,113
55,623
254,136
288 458
filth term ; the company to keep the piers in repair, and perform Marrh
208,112
80,346
98.846
2>
a
day
.
-.
..
305,752
>6,946
dredging and other necessary work in the channel. At the
expiration of the term, the lands and improvements will revert For four months
$324,621
$819,443
..$1,143,764
to the city.
958,666
220,272
The Commissioners of Docks express themselves
1,178,138
satisfied that the agreement is advantageous to the city.
Increase
$104,349
New York & Oswego Midland*—The second mortgage bond¬
Decrease
$139,222
35,174
holders of the New hork & Oswego Midland Railroad held a On this basis the net
earnings of the line would be over $900,meeting this week to consider their relations to the road, which 000 per annum, and as the interest on the bonds is but $700,000, '
is about to be foreclosed by the first mortgage bondholders. of course it is assured.
A second mortgage for $5,COO,030 on the
Abram S. Hewitt, receiver, and trustee under the second mortgage, road and
property of the company has been placed on record.
made a statement to the effect that he desired the second mort¬
The deed is dated April 1,1873, and is to Josiah Bacon and Albert
gage bondholders either to appoint a new trustee td represent Hewson as trustees.”’
their interests, or if they retained him, to appoint a committee
St. Lonis Alton & Terre Haute.—In accordance with the
who would represent them, and with whom he could confer as to
recommendation ot the executive committee, a dividend of three
the course to be pursued. He said that the road was now earning
cent was declared on the preferred shares of the Alton &
enough to pay its current expenses, which it had not done before. per
Terre Haute Railway Company, payable on the 6th of next July.
After some discussion in which representatives of the first mort¬
An arrangement has been recently perfected between the Indian¬
gage bondnolders said that it was their intention to give all
apolis & St. Louis Railroad Company (the lessees of the main
interests a fair representation in the reorganization, provided
Pne of this company) and the Terre Haute & Indianapolis Rail¬
there was a practical disposition to assist in placing the road on a
road Company (the lessees of the Vandalia line), by which they
sound basis, the meeting relieved Mr. Hewitt as trustee and
agree to work together and divide earnings equally. This puts
appointed a committee of five to represent their interests and con an end to
rivalry and competition between these two lines, and
fer with Mr. Hewitt and the first mortgage bondholders,
will,
it
is
thought, prove beneficial to both companies.
Northern Central*—Of the ten million consolidated loan author
the
..
..
ized by the Northern Central Railway Company, a short time
since, with a view of funding its floating debt of about $2,000,000,
providing additional terminal facilities and replacing a maturing
loan of $6,000,000, it appears that $2.000,U00 have been placed in
the London market.
The mortgage for this loan was placed on
record
on
the 23th ult.
Oil Creek and Alleghany River.—A meeting of the holders
and Alleghany River consolidated 7 percent,
bonds, the 1st of May interest on which was defaulted, was re¬
cently held in Philadelphia.
By the terms of the mortgage
of the Oil Creek
under which the bonds
were
issued
one
fourth of the bondholders
within three months of the non-payment ot interest, empower
the trustees to take charge of the road.
A resolution was offered
and adopted requesting the trustees to proceed at once to institute
the legal proceedings necessary to bring the road into the market
can,
for the hem fit of the holders of the consolidated bonds.
securities amount to $1,K)0,000.
Most of the bonds are
These
held in
Philadelphia.
Old
Colony Steamboat Co*—The first meeting of stockholders
held May 29, in Boston, and the following gentlemen were
elected directors: Onslow Stearns, Oliver Ames, Benjamin Firch,
Thomas J. Borden, Charles P. Stickney, Charles F. Choate, Uriel
Crocker and William Borden.
The directors subsequently chose Onslow Stearns president.
The capital stock of tliecompany was fixed at $l,0C0.000of which
was
$900,000 was said to be already subscribed. The price agreed
between the new company and the Narragansett Steamship
Company lor the purchase of all the steamboats and other prop
erty of the latter company in New York, Newport and Fall River
is, iu round numbers, $1,637,500, of which the mortgage forms a
part. The contract dates the purchase and possession of the
property from June 1, 1874, but this time maybe postponed if the
parties fail to agree upon a settlement of certain differences in
upou
the
con*rac
.
Pacific Railroads*—On the 1st inst. a bill passed the House
of Representatives from the Committee on t e Pacific Railroad,
providin'/ for the collection of money due the United States from
the Pacific Railroad Companies.
The following is the bill as
passed:
St. Louis and St.
Joseph.—The St. Joseph Herald
says:
“For
Louis and St. Joseph railroad—the great
four months past the St.
line leading to St. Louis
and the Southeast—has lain idle, to the
great inconvenience of the citizens along the line and the detri¬
ment of the business interests of St.
Joseph. It affords us pleas¬
and Northern Railway
Company have concluded to come to St. Joseph and remain there
permanently. A permanent .leasa of the St. Louis and St. Joseph
Railroad Company has been signed in New York, and the St.
Louis, Kansas Citv and Northern Railroad will at once go to work
and put it in running order.”
Selma Marion & Memphis.—A meeting of the holders of the
bonds of this company, indorsed by the State of Alabama, is
request* d by Mr. White, the President pro tem., to meet him in
conference at the Saint Nicholas Hotel, New York, on Thursday,
June 18, at 10 o’clock A. M.
Southern Minnesota.—The following synopsis is given of the
agreement made concerning this road : “That a decree of fore¬
closure of the mortgage should be entered in the United States
Circuit Court, and an order for the sale of the road, with authority
for the trustees to bid it in in behalf of the bondholders ; and
thereupon the second mortgage bondholders will re-organize the
company and take stock in the new company for their interest in
the mortgage bonds already in existence, thereby securing the
first mortgage bondholders by an assignment of new bonds,
secured by a mortgage on the road, rolling stock, and appurure
to state that the
Sr. Louis,Kansas City
tenances.
“
preferred stock will be issued for the
The
first mortgage bondholders,
bondholders, through their preferred stock
A certain amount of
overrule
interest
to
the
first mortgage
and new bonds,
will have control of the company until
it pays the interest on the new bonds and the preferred
stock at seven oer cent per annum, paid semi-annually, for two
consecutive years ; and at the expiration of that period, the con¬
trol of the company will pass to th° holders ot the stock held by
the second mortgage bondholders. - In the case of default here¬
after in the payment of interest on the new bonds and preferred
stock, then the road will have to pass back under the
the holders of the
preferred stock and
new
control of
bonds, who may then
June 6, 1874.)
THE
CHRONICLE,
control, manage, and dispose of the road without reference to the
holders ot the
common
stock.”
585
Financial Condition at Close of Each Tear.
1871.
*
Union Pacific Railroad.—-
Capital stock
From the
Funded debt
Government subsidy...,
Company’s report for 1873, we compile the following
figures, in addition to what was given in The Chronicle some
time since :
The increase in the number of passengers carried was 9,206, or
5.26 per cent. ; in passenger mileage, 15,045,183, or 18.65 per
cent., and in passenger earnings, $576,892, or 15.34 per cent.
In freight the increase was 108,834 tons, or 22.32 per cent. ; in
36,745,000
Liabilities.
Union Pacific
1872.
,
$
1873.
$
36,762,300
46,831,000
36,715,000
48,930,000
27,236,512
27,23b,512
27,236,512
110,812,512
112,911,512
111,941,812
$
36,762,300
47,943 IK 0
Company.—A preliminary bearing
48J9UXX)
27 236,512
112,189,812
bad
May 24, in the United States Circuit Court, at Boston, before
Judge Lowell, on the petition against the Union Pacific Railroad
Company, filed by Henry W. Goldering of New York, to deter¬
freight mileage, 45,215,787 tons, or 25.4 per cent. ; and in freight mine whether the order of notice to show cause, should issue.
earnings, $748,488, or 15.7 per cent. The gross earnings from Mr. Andrews opened for the petitioner, claiming two
things—that
all sources amounted to $10,266,104, an increase of $1,373,498, the road was
bankrupt, and that the legislative enactment under
or 15.14 per
cent. ; the operating expenses were $4,974,861, an which it sought to evade the
working of the bankrupt laws was
increase of $174,287, or 3.63 per cent.; and the nett
earnings, unconstitutional, the latter being the question which was mainly
$5,291,243, an increase of $1,199,211, or 26.86 per cent. The at issue. At the close ot the arguments,
Judge Lowell took the
ratio of expenses to gross earnings was reduced from 53.98 to
papers in the ca§.e, and rendered his decision on the 2d instant
48.46 per cent.
Notwithstanding this great change in the rela¬ against the petition.
tion of expenses to earnings, there was included in the
expense
Western Union Telegraph.—A meeting of the directors of
account the cost of new rails for 60 miles of track, and of new
the Western Union 'telegraph Company was held on the 3d inst.,.
cross-ties for 280 miles.
Equipment—Locomotives, 147. Passenger train cars—1st class, 25; 2d class, President Orton in the chair. A large majority of the directors
were in attendance, and President Orton
26; baggage, mail, express, Ac., 30. Total of all passenger train cars, 81.
presented the following
Freight train cars -box, i,15 »; flat, 1,500. Total of all cars of freight trains, report, which was accepted and
adopted, together with the an2,650. Total construction train ears, 109. Grand total of all cars, 2,840.
annexed resolutions
OPERATIONS AND FISCAL RESULTS.
Passenger Traffic—Passengers carried—way: east, 43.033; and west, 55,901;
and through: east, 34,933; and west, 51,027. Total of all
passenger*, 174,894
Pa seugers carried one mile—w >y, 18,530,583; and through, 77,178,471. Total
of ail passengers carried one mile, 95,709,054. Increase over previous
year,
9,206 p issengers, or 5‘26 per cent, and 15,045,183 passenger miles being 18‘65
per cent. Average fare per passenger per mile, 4‘06 cents, or 0T2 cent less
per mile than in 1872.
Ereight Traffic -Freight carried one mile—through freight: east, 35,648,446;
and west, 61,642,901, or a total of 97,291,347 tons;
and local freight; east,
53,707.443; and west, 72,362 752. or a total of 126,070,195 tons. Total east and
west freight c.trried one mile, 223,361,542.
Increase over previous year—
through Freights, 13,598,322; and local freights, 31.617,465, or a total of
45,215,787 tons, or 25 4 per cent. Average rates per ton per m le:
l East..
1.97c.
East
l-68c.
149c
( East
2 56c.
Total* West
...251c.
Through* West
2 45c Local* West
I E. AW
210c.
AW. ...217c.
/ E. & W..2 27C.
—Average rate per ton per mile on all freights in previous year, 234 cents,
showing a d* crease m 1873 of 0'17 cent per ton per mile
Gross Earnings—Passenger, commercial, #3 639.087; and Govern¬
ment, #248.118. Freight—commercial, $4,806,621; Government,
$2i9,'39; and-company. $490,347; U. S. mail, $283,855; express,
$410,191; car service, $16,282; miscellaneous, $135,392; and rents,
$16,272. Total
$10,266,104
Operating Expenses—1Transportation. #772,410 ; motive power,
$622,926; repairs to locomotives, $347,353; fuel fo locomotives,
•
$747, *97; lei-airs to pas-enger < ars, $135,074; and to freight cars,
$259,831; repairs to car shops, sheds, &c i 29,380; maintenance
of Luck, way, Ac., $1,527,069; removing snow and ice, $34,129;
repairs to snow-sheds, fences, Ac, $35,757; repairs to bridges,
$99,123; and general expenses and taxes, $364,281. Total (48-46
percent)
4,974,861
..
;
.
.
,
Net
Earnings—Profits from operations
FINANCIAL CONDITION
$5,291,243
AT
CLOSE
OF
YEAR.
(Abstract from report to the Secretary of theTuterior for June 30, 1873.)
Capital sti ck—Subscribed, $36,783,000, and paid in
$36,762,?00
Bonded indebtedness
48,191,000
Government subsidy (2d lien) . ...
Note issued to the lloxie contract
27,236,512
2,0u0,000
Exchange loans, £120,000, at $5.00
Floating debt....
600,000
1,940,240
Total liabilities June 30, 1873
$116,730,052
Cost of road and fixtures
112,259,336
The annual report of the company for the fiscal year ended December 31,
allusion
to
The
details
1873, makes no
financial condition.
of the bonded
indebtedness will be found in the Commercial and Financial Chronicle
for the last Saturday of May ult mo.
COMPARATIVE
Line of railroad
Locomotive engines
Total cars, pass., freight,
STATEMENT
FOR FOUR YEARS.
Road and Equipment.
1870.
1871.
miles.
1,032
1,032
~
150
151
&c...
2,612
2,529
Operations and Financial Re suits.
1870.
Passengers 1(Through
Way.
carried.
mileage.
2,840
1872.
59,636
1873.
75 5)60
106,052
( Through
62,213.024
60,607.296
61,548.352
L°«>>
1I Total
1S.TO4.811
74,917,335
13,387,631
73,904,9^7
19,115,519
98,934
174,694
77,178,471
18,530,583
80,663,871
95,709,054
318,450
133,416
511,v56
&3,693,025
94,452,730
487,484
91,85i
Total
20 108.812
51,670,291
Passenger j Commercial
) Government
( Commercial
Government
earnings. ■{| Company..
United States mails
67.089,420
67,116,467
71,779,106 034,205,887
$
2,895,606
3,528,858
289.770
227,904
3,062,968
1. 2,360,293
263,220
213,5s5
435,002
352,936
283.749
274,514
Expresses
281 692
Car service
Miscellaneous
Rents
62,913
108,288
Passenger cars..
Freight cars.
Car shops, sheds, Ac—
Track, way, Ac
Snow and ice
Snow sheds, fences,
Ac.
Bridges
General and Taxes
operating
expenses
307 731
178,145,755
$
3,067,158
303,154
4,166,994
170.158
431,267
283,8-55
336,333
57,459
3,959
103,934
15,v10
112,613
17,114
7,625,277
773,378
634,261
7,521,682
8,892.605
753,457
611,058
493.892
214.988
536.913
20,727
Locomotives
Locomotive fuel
Total
147
2,547
065.688
....
( Through
Freight { Local
mileage. /Total
earnings.
1,032
151
58,728
71,833
130,561
Freight -{( Commercial ... ....
Company’s coal
moved.
/
1873.
1,032
6;i,282
82,341
142,623
/Total
Poooon„or
1871
1872.
515,113
183,918
306,673
61,225
677.816
500,045
105,023
178.163
3*0.472
746.358
135 778
was
:
To the Directors:
The net profits of the company for the eight years commencingJuly 1, 1866, and ending June 30, 1874, those for the present
month ot June being estimated, are $23,077,069 23.
Of this sum there has been distributed in dividends to stock¬
holders
$4,857,239 34’
Disbursed for interest on the company’s bonds
2,530.719 98
....
....
Total
The
balance, $15,689,079 91, is represented
$7,387,969 32
as
follows;
Paid for the construction of new lines and the erection of addi¬
tional wires
Paid for the stock of companies leased to the Western Union,
subject to an annual ren al
Western Union stock (72,877 shares)
..
.
G Id & Stock Telegraph
Company's stock (47,710 shares)
International'Ocean Telegraph stock (10.384 shares)
P. cific A Atlantic Telegraph stock ( 6 63b shares)...*
...
..
Anglo-American Telegraph st >ck (£1,308)
...
:
.
Western Electric Manufacturing Company’s stock (503 shares)...
Western Union bonds redeemed and cancelled
Western Union building, B’way and l)ey sts.. mort sinking fund
Real estate, exclusive of Broadway and Dey 6treet property. . .
Pateut (the Page and Duplex Telegraph)
Cable steamer
Western Union bonds, not cancelled ($7,500)
'
Fract.on of share, old issue, ledeemed aud cancelled
700,299 95
4,051,483 07
1,173.509 00
961,556 42
597,585 50
10.000 00
39,0>0 00
1,06",675 00
6( ,013 00
328,769 86
61.753 00
12.6*5 19
....
Total
$4,920,968 53
6,750 00
42 50
$13,990,863 02
1,698,216 89
:
Leaving a balance of net proi.ts
—represented as follows:
Cash on hand and due from agents.. J
Call loans.^
Advanced on account of the new building,
street, in excess of the building mortgage
475.000 f0:
400,600 00
Broadway and Dey
bonds
Poles, wire, and other materials and supplies on hand
Total-
300,000 00’
423.216 89'
$1,098,216 b9
Of this Bum,
$1 400,000 is the net profit for the six months
ending June 30, instant —about $740,000 being the net profit of
April, May and June. This ia an increase of more than $250,000
over the net profits of the same three mouths last
year (1873).
In view of the large reduction in rates throughout the South)
and West which took effect on the 1st of July, 1873, and ot the
universal depression in most kinds of business which followed
the financial panic ot September last, such a result is most grati¬
fying, aud seems to furnish grounds for the belief that as the
general business of the country improves the receipts and profits
of the compuny will continue to increase.
The Executive Committee have had under consideration for
time past the subject of a disposition of the unappropriated
some
profits above stated.
They
were at
first inclined to recommend
a
dividend equal to the net earnings of the current six months,
which would be about four per cent, on the capital outstanding.
To do this, however, would necessitate either the funding of the
amounts
expended for construction and
on
the
new
building in
622,120
97,291.347
126,070,195
223,361,542
in excess of the loan made for that purpose, or the sale of a por¬
tion ot the company’s stock now in the treasury.
On mature de¬
liberation, it is deemed advisable to do neither, but to limit the
the dividend to the profits of the current quarter.
This course
$
3,659,087
248,118
4,806.621
219*940
490,347
283,855
410,191
16,2*2
135,392
16,271
they have unanimously advised me to recommend to the board,,
and in pursuance I submit the following resolution :
W eieas, The business and financial condition of the company justify theresumption of regular dividends to the stockholders, which, in the judgment
of this Board, should be made quarterly; therefore,
Resolved, That a dividend of two per cent from the net earnings of the
three months ending June 30, be and the same is hereby declared payable oh
the 15th day of July next.
Resolifd, That for the purpose of such dividend the stock hooks be closed
at the close of business on the 25th instant, and be opened on the morning of
134 636
10,266,101
772,440
662,926
347,353
747,197
135,074
259,832
29,638
198,712
37,68)1
1,189,666
822 195
1,198,8)18
36.976
1,5-7,069
60,289
196 236
31,124
33,452
8)1,153
360,705
14 337
67.280
103,0)13
35,757
77,421
99.423
403,800
351,527
364,281
4,677,415
3,600,567
4,800,573
4,974,861
2,947,862
3,921,115
3F34P. C.
47 87 p. C.
4.092,032
53-98 p.c.
43*46 p. C.
29.3*0
5,291.243
the 16th of
July.
Wm. Orton.
Wisconsin Railroad Law.—A dispatch from Milwaukee, June
says; “Papers have b~en served upon the Attorney-General
and Railroad Commissioners, informing them that an injunction
would be applied for in the United States Distrijt Court for the
2,
Western District of Wisconsin, to restrain them from
instituting
proceedings or taking any measures for the purpose of
executing the act of the last Legislature. The action is brought
by the creditors of the Chicago & Northwestern Railroad Com¬
pany, who claim that their securities are weakened or destroyed
by the law of last winter.”
any
—The Illinois and St. Louis
was
opened June 4 for the
bridge across the Mississippi Rive*
of wagons.^
passage
[June 6, 1874.
THE CHRONICLE.
686
Export* of JLeadluK Articles from New York,
The following table,compiledfrom Custom House returns,shov e
the exports of leading articles from the port of New York since
'
$I)c Commercial ®hues.
'^53^ M'EaaCIiLrr'EPITOME.
Friday Night, Jane
There have been
some new
.
5, 1874.
features to trade during the past
week, and the changes in most cases have been for the * better.
There is not, at the close, so much depression in leading staples
of Western produce ; the large supplies have been met by a cor¬
responding demand of a legitimate character, and renewed inipulse has been imparted to speculation. Foreign merchandize
has been variable, but on the whole is regarded as being in good
position.
The following is a statement of the stocks of leading articles
of domestic and toreign merchandise, at dates given:
1874
,
May 1.
Beef...!
Pork
Tobacco, foreign
8.232
74,926
71,779
70,713
20,743
21,209
22,267
83,405
18,653
100.172
75.583
69,460
20,030
hhds.
17,624
bags.
bags.
mats.
Cocoa
bags.
95,716
47,765
46,687
Sugar
Sugar
hhds.
boxes.
79,122
36,691
No.
bales.
bbls.
993
2,011
7,965
101,400
136,201
27,957
bbls.
6,699
bags.
pkgs.
bales.
bales.
12,000
400
14.500
3,800
bags.
10,500
hhds.
...hhds.
bbls.
bbls.
Tar
Rice, E. I
Rice, domestic
Gunny cloth (Cal.)
Gunny bags
bags.
Linseed
Saltpetre
Jute
Jute butts
Manilla hemp
Ashes
1,428
bags, etc. 181,282
Spirits turpentine
bales
bales
bales.
...
27,94^
bales.
Coffee, Rio
Coffee, other
Coffee, Java, Ac
Melado
Molasses
Molasses
Hides
Cotton
Rosin
7,244
bbls.
8,536
1,800
66,900
724
34.465
14.370
1,818
116,819
4,772
72,516
83,276
40,446
212,017
5,797
3,880
1,778
223,200
19.»,610
1,379
2,512
4,500
107,600
121,148
42,114
5,721
3,634
16,365
1,145
4,000
14,200
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Coffee lias further declined under the excessive stocks and
dull, with Rio quoted at 17® 194c for fair to prime cargoes. Rice
has also sold lower, and closes unsettled, under the liberal supply
of domestic. Molasses has been dull, but the stock is small and
holders firm. Of raw sugars the sales have exceeded the arrivals,
Freights have been without, decided chainge, except a break
by Liverpool steamers on Wednesday, under the
liberal supply of room seeking to be filled, and business on that
day was very active, including grain to Liverpool by steam at 9£
@10d; flour at 2s 6d; grain to London by steam, ll@ll£d ; and by
sail, flour at 3s; corn to Glasgow by steam at ll£d ; flour at 3s ;
grain to Antwerp by steam, 13d; and to Penarth Roads at 7s per
qr. Refined petroleum to Cork for orders, 5s 3d ; to United King¬
dom, 5s 9d ; to the Baltic, 6s; to Gibraltar for orders, Gs; and cases
to the Levant, 40c. To-day, business was dull and rates drooping.
The market for refined petroleum has continued to droop, with
a very small business ; sales at the close were reported at
12|@
12$c. for ppot delivery. Crude also has been on the decline, and
quoted at the close £t 5|c., with 5c. bid for spot delivery, in-bulk.
The market for rosin has been less active, and quotations are
easier at $2 65@$2 70 for strained.
Spirits turpentine at one
time during the week sold as high as 40c., but latterly there was
a falling off in the business, and a
decline to 39c. Hides have
been quiet and drooping ; late sales include dry Buenos Ayres at
25£@25£c., gold, and dry Texas, 22£®22£c., currency. Leather is
easier, with some accumulation of low grades. The wool market
has been less active, but quotations remain generally steady, with
the exception of the new spring clip from California, of which
there is some accumulation, and quoted heavy and depressed.
Whisky has advanced, and closes active at $1.
Tallow
has advanced to
8c.
for prime
city with large sales.
Linseed oil has been fairly active at 9G@97c.; crude sperm
lower and more active; 1,000 bbls. sold for export at $1 56.
Menhaden
quoted
at
40@404c. The market for Ken¬
tucky tobacco has been fairly active, and quotations are
somewhat firmer at 4|@Gc. for lugs, and 6£@13c. for leaf. The
sales for the week embraced 650 lihds., of which 400 were for
export, and 250 for consumption. Seed leaf has been less active,
with some advance asked. The sales embrace, crop of 1870, 18
cases Connecticut at Gfc.; crop of 1872, 369 co. at 10@34c.; crop
of 1873, 50 do. on private terms. Spanish tobacco also has been
less active, but quoted steady. The sales were 850 bales Havana
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trade in provisions, with some
lard. New mess pork, besides
selling pretty fairly on the spot, yesterday, at $18@18 12-J-, sold at
18 05 for June, $18 15 for July, and $18 30 for August, an ad¬
vance of 30®40c per bbl as compared, with last Friday.
Lard has
also been active and higher, with prime Western steam as high at.
life, spot and June, life, for July, and life, for August, but the
close last evening was at a fraction under these prices.
In other
hog products trade has been without important features. Beef
has been in fair demand for extra mess.
Butter has been with¬
out further decline, but cheese, under large receipts, has shown
some depression.
To-day, mess pork was scarcely so firm, with
sales of new mess at $17 95®$18 on the spot, $18 10 for July,
and $18 25 for August.
Lard was quiet at 11 9-lGc. spot and
June, and life, for July. Cheese was quoted at 13c.@15c. for
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21,100
51,500
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32,384
4,500
54,800
102,700
54,700
4,000
those mentioned in the table.
1873June 1
tea. and bids.
bbls.
Tobacco, domestic
Sugar
%
June 1.
January 1,1874, to all the principal foreign countries, and also tne
totals for the last week, and since January 1. The last two lineB
show total values, including the value of all other articles besides
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June
5&7
6,1874.J
Import* of Leading Artiele*..
The following table, compiled from Custom House return
ibows the foreign imports of leading articles at this port since
Jan. 1,1874, ana for tne same period of 1873 :
:
[The quantity is given in packages when not otherwise specified.]
Since
Same
Jan.1,’74. time 1873
Since
•
••
,
Metals, «fec.—
China, Glass and
Eal-thenware—
China.....
Earthenware.
G.ass.
Glassware
Glass plate
•
.
176,203
10,324
3,736
2,743
11,347
7,246
Coal, tops
Cocoa, bags
Coffee, bags
Cotton, bales.
1.P59
Cutlery
8,293
Hardware
1,205
lv667
7,848
Iron. RR. bars...
117,845
307,266
25,059
171,371
82,232
Lead, pigs..,,...
258,447
320,289 3,310,051
Spelter, lbs
17,069
Steel
43^128
100,743
4; 963
498^319
435,843
Tin, boxes
2; 589
Tin slabs,lbs...
5,798,309 3,482,931
16,238
53,708
46,617
16,972 Rags
546,936 Sugar, hhds, tcs. &
bbls
336,741
263,114
4,093
5yL350
623,028
Sugar, bxs & bags.
686,805
727,184
15,535 Tea
41,SCO
34,113
15,536 Tobacco
1,766
2,042
1,513 Waste
779' Wines, &c—
46,710
75,236
Champagne, bks.
3,156
Wines
63,100
58,253
1,959
29 768
2 268
18,250
323 Articles reported by
4,233
14,029
.....
Buttons*
621,816
1.057
...
Drugs, &c—
Bark, Peruvian..
16,065
10,337
Blea. powders...
Cochineal
Cream Tartar...
.Gambier
2,442
662
20,033
2,048
Gum, Arabic....
2 17G
869
Madder.
368
447
Oils, essential..
Oils, Olive
Opium
Soda, bi-carb—
414
479
*93,399
Bristles
Hides, dressed..
Corks
3,813
Lemons...
3,299
Oranges
1,688
Nuts
Raisins
876.068
....
89,339
824
3,375
5,755
28,367
'670
180,243
23S.4S4
210.396
1,001,231
625,264
513,931
506,803
6,184,384 5,9G3,808
388,738
346,730
Rice
594
616,834
1,138,871
1,053,054
1,842
68,585 Hides, undressed..
1,619
Hair
Week ending
G.Brlt.
June 5.
NewOrlean6.
Mobile
Charleston...
t
Spices. &c.—
51,104
Cassia
180,798
t
t
Stock-
Contln’t
Total this 8amew*k
week.
1873.
1,828
2,196
4,319
5,189
7,318
1,471
....
2,125
Galveston....
New York...
2,320
»’
2,320
9,788
fttt
a,125
868
porta*
76
Total
Sinee Sent. 1
14,4-’3
* * *
'
1,722,897
17,521
8.680,100
1,328
603,855
Ubo
76,994
16,834
10,720
16,958
18,087
125,621
84,000
48
76
-•••
....
1,710
853,848
1873.
1874.
20,827
10,804
1,710
•
Savannah
Other
France
9,034
43,WO"
21,425
84,673
63,207
32,000
"»i^T
293,664
2,436,481
•The exports this week under the head of “other ports” include from Boston
8 bales to Liverpool; from Philadelphia 88 bales to Liverpool; from San Francisco
85 bales to Liverpool.
From the foregoing statement, it will be seen that, compan d
with the corresponding week of last season, there is a decrease in
the exports this week of 81,469 bales, while the stocks to-night are
41,680 baleB more than they were at this time & year ago. The
following is
usual table showing the movement of cotton at
Sept. 1 to May 29, the latest mail dates.
pur
all the ports from
XXPORTKD SIN O* 8KPT .1 TO—
BKCKIPTB
BINO*
PORTS.
1373.
New Orleans
Mobile
Charleston....
.
Savannah
Galveston
New York
Florida
No. Carolina
Norfolk
Other ports ..
.
1i
90,063
292,623
423,668
625,144
360,511
186,203
12,881
49,6 >5
4:5,929
46,814
|
Giber
i
Britain.
5872.
574,811
240,671
.32! ,019
80,029
164,075
224,: 96
192.095
6,995
37,974
35,522
22,578
385,949
8,633
11,942
-
53,765
385,999
52,035
•
,
V
8418,128
421.186
2:9,651
424,080
.
6,8*26
2!,679
86,518
20,058
65
86.882
18,867
1L642
lS.f.Ort
14,794
130,546
.
12,881
42,234
451,1,79
'
7.233
8tock.
158,751
159,745
182,134
809,588
91,000
1076,476
123,(07
218,656
368
t>t.
1707,914-
....
261,734
&5,9<8
41,607
161,068
44,978
29,493
...
5,958
14,416
66,395
-
Total.
(France. For’gn.
332,227
595,3-87
S28.474
135,160
1177,171*
Total this year 3673.0C6
Total last year
Coast¬
wise
Ports.
8KPT.1.
Great
....
$911,037 $1058,790
23,292
44,452
35,554 Fancy goods..
27,736 Fish
28.178 Fruits, &c.—
17,411
5,231
2,480
Gunnv cloth
value —
17,737 Cigars
12,138
’676
21,350
20,106
Soda sal
Soda ash
Flax
Furs
Hemp, bales
Hides, <fcc—
Jan.1,’74.
Same
time 1873
Imported to-??.
j
C
i
1,394
4,773
29,000
....
85?,ir8
602,527 2662,579
I8f7,4!2
816,404
239,444
475,390 2387,441
1313,698 1 255,992
-T
1672,607
The market for cotton on the spot lias been exceedingly dull
the past week, tlie sales for the entire week aggregating less
than 3,000 bales, and quotations were on Wednesday further re¬
duced |c., to 15c. for ordinary of all growths, and 17|c. for low
middling uplands. The count of stock on the 30tli inst., which
was made public yesterday, revealed a total about 9,000 bales
127,957
179,524
less than the running account, which probably shows that a
1,626 Woods—
1,251
'507
Cork
'406
102,905
190,724 larger proportion than usual of the receipts here the past month
Watches
Fustic
39,994 has been
Linseed
11,330
320,424
237,984
merely in transit to Eastern markets or spinners. - A
233,978
182,287
Molasses
Logwood
55^504
53,915
55,325 report of shipments by the Sound steamers would enable this in¬
61,161
Mahogany.
accuracy to be avoided.
To-day, the market was dull and weak,
but without quotable change.
Receipt* of Domestic Produce.
For future delivery there has been
more activity, and prices have been subject to frequent and wide
The receipts of domestic produce since January 1,1874, and for
fluctuations, the effect of influences at no time very apparent,
the same time 1873, have been as follows :
and generally attributed to speculative manipulation. On Monday,
however, it was stated that the anticipations of large deliveries
Since | Same
Since
Same
Jan.1,’74. time 1873 on contracts for June, had forced prices for that month below the
Jan.1,’74. time 1873
parity of other months, and the reaction which took place in that
76,126 month when the real situation was
79,127
Ashes
3,599
2,972 Oil cake.... pkgs.
pkgs.
developed, carried up the later
857
788
Oil, lard....
Breadstuff's, &c.—
The greatest depression was on Wednesday;
53,312 months with it.
19,757
..bags.
Flour.... ..bbls. 1,683,047 1,180,915 Peanuts.
without any apparent cause.
bush. 15,136,065 3,550,439 ProvisionsWheat
The widest fluctuations were in
Butter
279,213
322,310
Corn
.pkgs.
8,672,258 3,664,252
July
and
and
were
based on the expectation
August,
obviously
237,436
Cheese...
Oats
210,500
3,729,593 3,527,687
Cutmeats.
210,169
373,483 that the market during those months would be peculiarly subject
372.215
64,971
Rye
236,179 to influences wholly speculative. To-day, prices quite broke down
263,099
630,393
561,450
Eggs
Harley, &c
Pork
97,653 for this and the other two summer months, with a pretty full
84,332
Grass” seed.bags.
34,354
59,602
Beef.
15,25!
14,269
Beans
bbls.
20,058
32,543
Lard
160,029
Peas
252,734 business, but the next crop, though neglected, was less depressed.
bush.
27,490
279,993
After ’Change there was more firmness, with sales 17f@17 13-82,
15,564
Lard
*.. .kegs.
20,030
C. meai....bbla.
100,523
114,832
6,601 regular, and 17 5-16, short notice for June, 17£@17 25-82 for July,
11,220
Cotton
bales.
412,226 Rice
467,304
.pkgs.
135,562
155,804
2,782 1 Starch
1,612
Hemp
bales.
The
8,847 18i(q)18 3-16c. for August, and 18@18 l-32c. for September.
11,183
Hides
No.
264,499
350,146 Steariue....
total sales for forward delivery for the week are 127,500 bales,
6,017
bales.
Sugar
Hops
7,750
681
234
.lihds.
Leather. ...sides. 1,524,703 1,127,692 Sugar
including
free on board.
For immediate delivery the
20,329 total sales foot
17,560
Molasses.,
bbls.
.pkgs.
22,615 Tallow
22,794
up this week 2,714 bales, including — for ex¬
Tobacco
86,876
68,669
Naval Stores—
41.218
port, 1,924 for consumption, 790 for speculation, and
in
39,656
Cr. turp. ..bbls.
4,55? Tobacco.... .hhds.
6,756
78,085 transit.
Of the above,
96,959
bales were to arrive.
The follow¬
23,704 Whiskey...
27,248
Spirits turpen.:.
.bales.
18,098
30,216
Rosin
157,251
224,080 Wool
ing are the closing quotations :
93,812
106,793
Tar
35,627
24,083 Dressed Hogs.. No.
27,665
'616
India rubber
Ivory
Jewelry, &c.—
Jewelry
Ginger
39,952
Pepper
Saltpetre
224,927
42,768
2M72
...
.
.
..
...
‘
..
.
.
Upland and
831
2,262
Pitch
Florida.
COTTON.
Ordinary
Friday, P. M., June 5,1874.
By specialtelegrams received to-night from the Southern ports
we are in possession of the returns showing the receipts, exports,
&c., of cotton for the week ending this evening, June 5. It
appears that the total receipts for the seven days have reached
17,070 bales against 21,853 bales last week, 23,486 bales the pre¬
vious week and 26,284 bales three weeks since, making the total
receipts since the first of September, 1873,3,690,076 bales against
3,438,258 bales for the same period of 1872-73, showing an in¬
crease since September 1,1873, of 251,818 bales.
The details of
the receipts for this week (as per telegraph) and for the corres¬
ponding weeks of the five previous years are as follows:
Received this week at—
ifew
Orleans
Mobile
Charleston
Savannah
Galveston
Tennessee, Ac
Florida...
North Carolina....
Norfolk
Total this week.
Total since Sept.l
bales.
1874.
1872.
1873.
1871.
1870.
1869.
9,284
2.570
1,217
1.570
8.189
1,270
1,870
7,876
467
1,369
1,878
1,899
4.190
2,276
1,457
1,723
2,822
8,8!8
915
196
4,604
2,333
1,397
3,969
2,183
8,111
7
189
517
109
95
54
184
788
217
12
181
4,0l8
3,723
1,682
8,794
1,281
1.364
17,070
25,130
10,762
2‘,136
22,441
1!,711
5,523
-33
9
3,690,076 3,433,258 2,665.998 3,821,180
2,311
1,593
2,646
1,016
4,009
1,745
883
2,269
|2;772,432 2,046.051
made up this evening, are now 293,664 bales. Below are the
exports and stocks for the week, and also for the corresponding
week of last season;
per n>.
Middling
15
15
®.
&....
16%®....
17
17%®....
11%®....
@.
Texas.
Orleans.
16%®.
18%®....
19!*®....
19%®.
Good Middlling
15
15
46%®..
®..
16%®..
17 5-16
17 5-16
17%®..
I7%®..
18%®..
18%®..
20
20
®..
Below we give the sales of spot and transit cotton and price of
Uplands at this market each day of the past week :
PBIORB.
8ALXB.
Exp’t.
Consump.
Specula’n
Tran¬
sit.
Good
Total.
fMt
t
„
„ ^
....
....
347
1?5
55ft
149
684
1,924
321
195
569
445
634
474
10
10
....
296
....
....
...
2,714
790
Low
Mid
Ord’ry. Ord’ry. Midl’g. dllnsr
Holiday
Saturday....
Monday
Tuesday
Wednesday
Thursday
Friday
Total....
The exports lor the week ending this evening reach a total of
17,521 bales, of which 14,483 were to Great Britain, 1,710 to
France, and 1,328 to rest of the Continent, while the stocks as
Good Ordinary
8trlct Good Ordinary
Low Middling
mew
Mobile.
,
15k
15%
15
15
15
....
i8%
16%
16%
16%
16%
16%
17%
17%
17%
17%
17%
1«%
18%
....
....
•
18%
18%
•••
The following will show the closing prices each day on the
basis of low middling uplands, for the several deliveries named:
Fri.
On spot
Juue
July
August
September.....
October
November
December
Gold
Exchange
Bales spot
Sales future...
17%
17 9-16
18 3-16
13 21-32
18%
17 25-32
Sat.
17%
17%
18 5-16
&
T3
a * * * ■
112%
K
4 36
91
Mon.
•
16,900
Tues.
-
18 23-32
18 7-16
11%
17 25-32
18 3-16
18 19-32
Frl.
17%
1<%
17%
•Wed.
Thurs.
17%
17 15-32
17 25-22
18 3-16
18 5-32
17 11-16
17 9-16
17%
17 31-32
18%
18%
17 25-32
11%
17%
11%
111%
0,
18 5-32
18
112%
18%
17 13-16
17 11-16
17 11-16
112%
4.86
821
4.86
195
4.8o
569
4.4 6
415
084
18,300
14.700
33,100
27, KW
28.300
17%
17%
17%
1L%
17%
•
.
.
•
17 7-16
4.86
the sales (including — free on board)
week 127,500 bales (all low middling or
on the basis of low middling), and the following is a statement of
the sales and prices; For forward delivery
have reached during the
588
bales.
For June,
eta
bales.
100 a. n....l7 *-i6
100 8. n. 5 h..l7%
100 8. n. 8th ..17%
I'H
2
*00 8. n 6t.il7 13 'J
30 ib n. ...•6 1131
..17 13-32
1,000..
400
8
n.,...17
.
2,VO
..
1,201
.
..
..
7-16
178
...17 17-32
10U • o not.
till 2d ....179-16
■100 8. n. 3d.l7 9 1«
,
.
.
,
100 8. n ....17 9-16
17 9-16
1.30H..
10) dellv on
...17 '9-3°
21..
2 08 n. 2d.7 19.32
...17 19-32
•2,’00..
10 1 B n 2<1. ..17*
2*0 8. n. 3d.. .17%
200 8. n.
17%
100 no not.
till 10th
17S
,
..
.
23-82
23- .2
23-82
23- vi
17 V
17%
25-32
17 25-32
l,6u0
...17 )5-.i2
500...
2,*00
eta
10 no not.
till 2d. .17
400 8 n. 2d.l7
10 s.n. 3a. 17
600
17
404 b. n
900
100 no not.
ill 4th. 17
17 13-16
»00
20.1
17 27- 2
100 n* not.
till 1st
17%
800
ITS
100 no not.
1111 lOlh .17 -29-3»
17 29 32
100
100 no not.
till .0th..1715-16
100 n<> not.
bales.
600....
2,310
bales.
700...,
700...
500
CtB.
18 7 32
...
600
13 9-3 ?
18 5-16
...
1,700....
5' *-
lfi 9-32
45,900 total July.
8 5-16
18 11-32
...
18%
0....
500....
18 13-32
IS 7-16
1,000
5'
For Autrupt.
2.300
...’.8 5-32
...18 3 16
5,000
HO
18 7-3-2
.
11,400 total Sept.
...
8,000
...189 32
...18 5-16
.18 11-32
3.000
3.V0U
8 200
5,’-00 ..*..,
1,300
17%
4('0
.17 11-16
.17 23 32
1.100
1.100
1700
6 0
500
400
*-8X
700...... ..18 13 32
100
...18 7-16
..18 15-32
100
722
7-78
6 23
3 77
Total.26 91 22 72 25 99 32 35 1 7 98 2491 16 96 22 17 23 47
2844
1872.
1872.
2C9
4 68
4-67
6 05 10-18
4 28
2*75
217
5-22
294
336
5'28 1204
7 66
2-58
3 09
3 75
57
03
0)
»'96 10 66
6 05
1*73.
3 50
1871.
080
74.
1873.
3 06
0 99
437
2-98
5 12
1874.
2 07
9-71
2 85
2 69
4t5
1874.
3 a4
By the close of another month we hope to be able to add several
other points, which will make our record still more complete.
For Ociober.
...
Augusta, Ga.
—,
18'. 3.
5 03
4 16
3 f>5
2 00
8 63
Month. 1871
Jan... 2 03
Feb... 6 20
Mch
601
April . 5-20
.v ay ..
7 47
....
•
Savannah, Georgia.
Atlanta, Georgia.
CT,8
18 7-32
...
1,400...
(June 6, 1874.
CHRONICLE
THE
Consumption of Cotton
17V
in the
United States
:
Manufac¬
turers’ Statistics.—It is with great pleasure we are able to
announce that we have completed arrangements with the Secretary
.17 13-16
.17 27-32
of
the
Association
National
of Cotton
Manufacturers, under
for us a statement of tbe con
sumption of cotton by tbe mills in tbe United States, both North
1.3 0
23,500 total June.
81)0
and South. It wiU be remembered that this Association published
200
2.400....
10C..
IS 1-16
17%
a report of this kind for several years, the lost in 1870, giving us
.17 21 82
MX)
700
..18 23 32
3,8') •
.17
8
00
....17
13-16
POO
11-16
the first correct record that the country ever had of this great in
1,6"*'
ITS
....17 27-32
81.500 total Ang.
4.900
17%101 no n<*t.
1,400
For September.
dustry. Tbe Census cotton manufacturing figures, previous to
3. 0 t.... ...17 29 :2
Nov. 29.. 17 21-82
100
4/*>) total Nov.
17%
100
17 21-32
*4,' 00....
the last, were extremely inaccurate and defective—no guide at
i7 15-16
7.000
F
>r
December.
10o 1;o not.
l.fXI
all.
This was changed by the National Association when they
17 31-32
100
...17 7-16
4.200,...
»0
till 3d... 17 11-16
13
700
.18 1-16
400
100 no i ot.
| 4,000
began
to make public their reports, but unfortunately they soon
1-33
21
18
20.i
.17
4
500....
...18 3-32
100.
till lsr. .,17 11-14
tired of their self-imposed work, and after three reports, discon¬
30<:
COD
100
1711-16
18%
100 .-s.3d.17 11-1*
500
18 5 32
...18 5-32
100 n. B....17 11 16
1,900....
tinued them.
Since 1870 there has been no record, and we now
18 3-16
...13 3-1C
9w) total Dec.
6t0
17 11-16 I 3,300
2,300..
propose to use the oid machinery for reviving these important
The following exchanges have been made during the week :
statistics. Our readers can well un ierstand that the labor and
%c. pd, to exch. 300 Ju -cfor Julv.
expense of this undertaking must be very great, but we feel that Xc.
*•
200October for September
we shall be well repaid, as the information is extremely important
%c*
“
300 June s. n* lor regular.
in many ways.
In tlie first place, it completes the annual record
Weather Reports by Telegraph.—Our reports by telegraph of the
great cotton industry, which is very incomplete without it.
to-night indicate continued favorable weather the past week, A crop report measures the country’s provluction of this staple,
with showers in most portions of the South, which were greatly
jut figures showing our consumption, except in gross, can not
needed ; more rain is desirable in many sections.
At Galveston thus be obtained.
In this record, however, we shall show
it has rained on one day, a shower, the rainfall reaching only ten
just where the cotton is gone, and into what shape it has passed
hundredths of an inch.
It has also rained on one day at Shreve¬ into
produe;ion, with the quantities and kinds of goods manufac¬
port, the rainfall being eighty-five hundredths of an inch ; it tured. Then again, it will be of great use as a test ot the accu¬
would appear tbit more rain is needed, as complaints are made
racy of crop reports.
We have always sought in the past to
that much of the seed planted has failed to come up. Our cor¬ guard in
every way against errer; here is an additional check, so
respondents at Nashville also state thatroin is needed there ; they if there be any inaccuracy, it can be readily detected ; or if no
have had a little the past week, but not enough, the rainfall error is
found, a satisfactory confirmation of the crop figures is
reaching only fifty-four hundredths of an inch. At Memphis they thu8obtained. f inally, such a report as this is peculiarly necessary '
have had rain on one day, but it was not general, tbe rainfall for
determining tbe consumption in tbe Southern states, an item
reaching sixty hundredths of an inch ; cotton and corn are gener¬ in
crop reports which, since the discontinuance of the returns
ally suffering from want of rain.
New Orleans lias had to tbe Manufacturers’ Association was entirely estimated, until
showers on two days ; rainfall being forty hundredths of an inch. our effort of 1873.
This, we thought, should be so no
It has been showery on one day at Mobile, the rainfall reaching
onger; hence, last summer, we sought to make the item
ninety-one hundredths of an inc h ; the crop is developing promis¬ accurate, by procuring returns from each manufacturer.
Our
ingly*; fields are clear of weeds and grass. There has been rain present arrangements will secure the same end, only we think
on two days at Selma, the rainfall being sixty-six hundredths of
with greater exactness, as we have not only our own, but all
an inch ; the crop is making satisfactory progress.
It has been the experience of the Manulacturers’ Association to work with.
showery on four days at Montgomery, and the indications are that For these reasons and others we might mention, we find much
these showers have extended over a wide surface, and the effect
personal satisfaction in undertaking this additional labor, and
has been good ; the rainfall has been fifty-seven hundredths of an
have no doubt our readers will be iu full sympathy with us.
inch. They have had rain on two days at Atlanta, with the rest
June Acreage Report of the Galveston Cotton Ex
of the week pleasant; the rainfall Reached one inch.
At Macon
they have had two light showers, the rainfall being eighty six change.—By telegraph to-night, from Mr. A. G. Mills, secretary
hundredths of an inch.
It has rained at Columbus on one day of the Galveston Cotton Exchange, we have received the June
severely and two days showery ; tbe rainfall lias reached three report of their Committee on Statistics, with regard to the acreage
inches and thirty eight hundredths of an inch ; but it is reported
put down to cotton this spring in Texas, condition sf emo, etc.,
that these rains have been partial, not universal.
At Augusta as
made up by them to-day. Tbe committee are James H. Met¬
there have been two days showery, the rainfall being thirty-three
calf,
Chairman ; J. D. Braman, J. S. Grinnan, Theodore Vogel,
hundredths of an inch with the rest of the week pleasant and
The questions sent out and the answers re¬
and W. L. Thomas.
warm ;
the rain has done much good. It has been showery ou
ceived are given in this report as follows, sixty-one counties
three days at Savannah, the rainfall being only thirteen hun
dredtlis of an inch. The thermometer has averaged 83 at Savan¬ reporting :
First—What has been the character of the weather since April 1,
nah, 86 at Macon, 84 at Columbus, 86 at Atlanta, 81 at Augusta,
and state whether it has been more or less favorable than last year ?
82 at Selma, 86 at Montgomery, 81 at Mobile, 81 at New Orleans,
Answer.—All the replies say that there was too much rain in
83 at Shreveport, 80 at Nashville, 80 at both Memphis and Gal¬
followed bv drought in May, and that the weather was less
April,
veston.
till 10th.. 18 1-32
80
7.300 total Oct.
For November.
600
.17 17-82
200
..17 9-16
100
20J....... .18 17-32
...189-16
..18 19-32
.
1,100
1,100
.
...
which he is to obtain and prepare
.
...
....
,
...
....
.
....
.
...
....
..
favorable than last year.
Second.—Will the acreage in cotton in your neighborhood be
greater or less than in 1873, and to what extent ?
Ans'icer.—Twenty (20) counties report an inrea«ed acreage of
from ten to twenty per cent; nineteen (19) counties report a de¬
crease of five to fifteen per cent; twepty-two (22) counties report
the same as last year.
Third.—How much land, if any, has been abandoned, and
from wbat cause?
Rain Fall.—In addition to our Weather Reports above, we
have received by telegraph to-night the total rain-fall for the
month of May at the
For
several ports named below.
com pari
-
give the figures for the previous months and years.
This record will, we think, be found to be a very useful addition
to the stock of information we have heretofore published with
regard to the progress of tbe crop. The figures are given in
inches and hundredths of an inch, except New Orleans, which
are stated in inches and thousands of an inch ;
son
we
Galve ston. T<3X18.—>
*■77
5'96
2 21
1873.
3 43
O 50
280
2* 27
5’36
1874.
1-37
3 11
3 09
3 38
5'80
1870.
9 440
3*715
2 8-15
9 *2 25
4 410
Total.. 17 83
14-36
16 75
29 635
1S72.
Month.
Jan....
Feb
March.
4‘H2
2 27
...
April...
May....
Shreveport. La.
Month
.
J an...
.
Feb
March
.
..
.
April.
May...
.
.
1873.
3 13
7 47
2-67
1 94
4 58
1874.
3*51
7 58
9 27
10 64
6 32
29-600
1873.
1874.
2-96
714
5-22
9 23
411
3 59
4 11
5 ' 2b
Total.. .1979 37 32 16-52 21-91
Mobile. Alabama.
>
1812.
1813. 1874.
Month. 1871.
3 07
650
416
2 48
Jan....
SCO
315
2-72
3 03
Feb....
3 "86 1057
9 79 1276
March.
4 25
0-88 lO 92
April.. 2 92
123
May... 6 13 378 11-47
Total.. 28-4* 31*96 33 52
-New Orle ans, Lou isiana.—
1871.
1873.
1874.
1872.
ft *215
13-625
2 300
5 -600
1-395
6010
2 200
3 645
8*110
9 725
5 485
7 310
« 795
1-725 18410
2 745
5 725
3-965
28 495
31710
43505
Memphis.
1872.
2 32
211
309
5 91
3" 09
Answer.—Seven hundred
County
1873.
11-91
1*49
1872.
1 -58
4 *24
5 19
6 99
416
3314
2216
27-96
5-35
8 98
344
4 87
482
1874.
2-88
4 10
6 61
10 16
—Montgomery, Alabama.
1869.
3 30
9-30
5 65
617
1-43
1870.
2 50
2 15
2 00
"25
107
1871.
4 15
5-57
ft-84
6 68
5-77
ou acc
•
♦
•
•
Fourth.—How
are tbe stands of cotton in your neighborhood ?
Answer.—Forty-two (42) counties report the stands good, nine¬
teen (19) counties report bad or indifferent, and all say needing
rain.
•
Selma.
1874.
3 75
ft
abandoned in Lampasas
been abandoned.
Fifth—Is the
•
acres were
>unt of the overflow—with this exception none has
08
10 63
10-70
....
crop
earlier
or
later than last
year
?
Annoer.—With one or tfao exceptions all the countries sport
the crop ten to thirty days later than last year.
Sixth.—What is the s*ate of the fields after chopping out and
first
thorough cleaning?
Answer.—Fifty-three counties say excellent, with the condition
clear of grass and weeds, while eight say poor and unpromising.
Our telegram states that the Committee add that tbe letters
sent to them were of course
,
3872.
1873.
3874.
5 83
4-97
3 69
675
9 97
657
8 50
4*51 1'*’66
4 17
557
945
429 10 25 10 25
27 92 25 65 10*27 27'W 29*54 35 27 40*62
by mail, and are of a date prior to the
last days of May which were general ; and as
thing needed, they statq that it is reasonable to
conclude that the prospect is more favorable than their report in¬
rains during the
rain was the only
dicates.
The Augusta Cotton Convention.—We learn by telegraph
that great preparations are making at Augusta for the cqming
convention, and we have no doubt that every effort will be put
June
to
them the free
Total American
2,000 *
....bales. 1,445,050
1,233,198
856,784:
430,000
470.000
177,750
330,000
468,000
563,000-
Liverpool stock
Continental stocks
India afloat for Europe
'.
49,000
Egypt, Brazil, Ac., afloat
Total East India,
71,000
236,OOU
829,000566,000 •
110,000
1,516,750
1,804,000'
137,500
193,750
617,000
London stock
of their line for the purpose.
21,209'
7,000
East Indian, Brazil, <Ssc.—
Steamship Company having kindly extended
use
55,386
1,000
United States interior stocks.
United States exports co-day.
1872.
1873.
54.214
1874.'
forth by the hospitable and open-hearted people of that city to
make the stay of all who attend not only comfortable but agree
able in the extreme. The delegates from this city are Charles A.
Easton, B. P. Baker, William Whitlock, and Thomas Fenner, the
fifth member not having as yet been appointed. They expect to
leave here to-morrow (Saturday) at three o’clock in the afternoon,
in the steamship Old Dominion, and go to Augusta via Norfolk,
the Old Dominion
589
THE CHRONICLEl
6, 1874.]
.
1,427,250
&c.
856,7841,233,198
Shipments.—According to our cable despatch received Total American
1,445,050
to-day, there have been 39,000 bales shipped from Bombay to
Total visible supply
bales. 2,872,300
2,749,948
2,660,784
Great Britain the past week and 10,000 bales to the Continent,
Price Middling Uplands, Liverpool
8*@8#d.
8%d.
ll#d.
while the receipts at Bombay during the same time have been
These figures indicate an increase in the cotton in sight to¬
41,000 bales. The movement since the 1st of January is as
follows. These are the figures of W. Nicol & Co., of Bombay, night of 122,352 bales as compared with the same date of 1873,.
and an increase of 211,516 bales as compared with the correspond¬
and are brought down to Thursday, June 4 :
.—Shipments this week—, .—Shipments since Jan. 1—, ,—Receipts.—* ing date of 1872.
Great
ConGreat
This
Since
ConMovements of Cotton at the Interior Ports.—Below we
Britain, tinent. Total.
Britain, tinent
Total, week. Jan. 1.
give
the movements of cotton at the interior ports—receipts and
1874
49,000
631,000 303,000
934.000 41,000 1,123,000
39,000
10,000
1873
23,000
28,000
532,000 150,000
682,000 23,000 855,000 shipments for the week, and stock to-night and for the correspond-5,000
1872
12,000
16,000
483,000 225,000
708,000 55,000 803,000
28,000
r-Week ending June 5,1874—* —Week ending June 6, 1873.-^.
From the foregoing it would appeal that compared with last
Receipts. Shipmentsi. Stock. Receipts. Shipments. Stock.
fear there is an increase of 21,000 bales this year in the week’s
622
7,069!
1,372
1,189 12,862
shipments from Bombay to Europe, and that the total move¬ Columbus.
955
154
3,843
593
3,573
137
ment since Jan. 1 shows an increase in shipments of 252,000 bales
503
38
4,887
108
3,238
92
Macon
compared with the corresponding period of 1873.
597
54
3,608
628
153
150
Montgomery
925148
Alexandria.—A telegram to Liverpool from Alexandria, dated Selma
116
229
3,586
155
25,450
4,665
1,840
May 21, reports the cotton market firm, with but little of the Memphis
3,655 24,550
1,755
383
8,4321,151
729
staple offering. The receipts for the week were 15,000 cantp.rs, Nashville...
6,949
495
against 6,000 last year, and the shipments were returned at 5,000
bales. Messrs. Mellor & Co. state “ that the information gathered
9,391 54,214
3,207
6,656 55,386
Total, old... ' 3,112
by their village agents is to the effect that the condition of the
new crop appears generally satisfactory.
796
1,829
1,073
720
In some places where
1,161
260
275
the seed was sown early it was destroyed, owing to the excep¬
150
1,075
128
94
1,078
Atlanta...
620
377
3,320702
tionally cold weather; this has been remedied, so far as it was St. Louis..
8,918
893
14,143
3,555
3,021
possible, by resowing. As regards the probable quantity of the Cincinnati
12,718
1,654
2,663
growing crop, it is believed that there is more land under culti¬
vation, and there is an increased application for water ; therefore,
5,523 20,367
4,344
3,204 23,875
Total, new.. 3,910
if no injury occurs in the meantime, these preparations give rise
to expectations of a crop somewhat in excess of the last.”
7,551 14,914 74,581
The
9,860 79,261
Total, all... 7,022
following are given as the movements in cotton at Alexandria to
The above totals show that the old interior stocks hav* decreased
to the 9th of May :
during
the week 3,544 bales, and are to-niglit 1,172 bales more
-Cantars.
1871.
than at the Bame peiioi last year. The receipts have been 95
1872.
1873.
2,1 4,910 1,932,909 bales than the less same week last year.
2,442,056
Receipts from October 1
2,442,056 —Bales.—
The exports ol cotton this week from New York show a
250,071
264,546
2S7.013
decrease
as compared with 1 ast week, the total reaching 2,320
21,018
36,173
48,177
Shipments to France and Spain
40,348 bales, against 3,273 bales last week.
42,744
41,811
Below we give our usual
Shipments to Austria, Italy and Russia.
table showing the exports of cotton from New York and their
311,437
343,463
377,001
Total shipments to all parts
377,001
direction for each of the last four weeks; also the total exportsy
Cantars
110,000 and direction since Sept. 1, 1873; and in the last column the
Stock May 9
Total crop of 1872-73
2,298,942 total for the same period of previous year.
Gunny Bags, Bagging, Etc.—There is no inquiry for bags of Export* of Cotton (bale*) from New York wince Sept.l. 1 81 &
Same
any kind, and the price is nominal, with 12c. asked. There seems to
WEEK ENDING
Total
time
be decidedly more inquiry for American, and some disposition to
to
EXPORTED TO
prev.
take full lots if prices would be shaded, but as yet we have heard
date.
June
May
May.
May
year.
3.
of no round lots changing hands.
27.
20.
13.
Holders ask 12c. There have
been two mills destroyed by fire recently, but this has not effected
429,829=
2.320 388,269
3.273
4,123
2,573
the market. Manila hemp is quiet, the latest sales were at 9£@ Liverpool
1,507
Other British Ports
10c., gold, for prime quality. Stock in New York and Boston,
431,336
2,320 388,269
3,273
4,123
72,000 bales. Jute is very slow of sale; prime held at 6@6£c., Total to Gt. Britain 2,573
gold. Stock here and in Boston, 21,100 bales. Jute butts are Havre
4,875.
6,932
rather easier, with more offering for sale ; 2,400 bales sold during
1,701
Other French ports
the week, chiefly at 2|c. though some transactions are reported at
4,8758,633
'total French
2 3-16@2ic., currency. Stock here and in Boston, 45,000 bales.
17,682
19,545
Visible Supply of Cotton as Made up by Cable and Tele- Bremen and Hanover...
4,648
4,043
graph.—Below we give our table of visible supply, as made up Hamburg
8,224
8,238
Other ports
by cable and telegraph to-night. The continental stocks are the
80,554
26,826
figures of last Saturday, but the totals for Great Britain and the rotal to N. Europe.
afloat for the Continent are this week’s returns, and consequently
25
Oporto A Gibraltar Ac
brought down to Thursday evening; hence to make the totals the Spain.
2,741
2,647
others
All
complete figures for to night (June 5). we add the item of exports
2,741
2,672
from the United States, including in it the exports of Friday
Total Spain, Ac
Bombay
..
..
..
..
..
.
.
.
.
.
,
,
—,
,
....
....
•
....
....
•
.
•
•
.
.
.
....
....
....
....
....
'
8tockat Liverpool...
Stock at London
Total Great Britain stock
Stock at Havre
Stock at Marseilles
Stock at Barcelona.
Stock at
Hamburg
Stock at Bremen
,....
Stock at Amsterdam
Stock at Rotterdam
Stock at
Antwerp....
..
Stock at other continental ports
Total continental stocks
Total European stocks
India cotton afloat for Europe
American cotton afloat for Europe
Btock in United States ports
8tock in United States interior ports
912,00o
177,750
236,000
1,099,500
144.250
13,000
73,000
1,001,750
68,000
1,148,000
183,000
16,000
69,000
19,750
36,000
26,000
54,000
20,000
New Orleans..
Texas
5,874
35,250
82,250
29,250
981
101,458
44,209
83,000
33,000
84.00U
6,000
Savannah
Mobile
Florida
S’th Carolina.
N’th Carolina.
1,422
181,164
Virginia
1,061
143,000
16,000
14,000
31,000
45,000
86,000
Liverpool stock
...
Continental stocks
*
American afloat to Europe
United States stock....
...
33,000
50,000
455,750
550,000
467,000
1,555,250
617,000
1,560,750
488,000
1,635,000
566,000
161,000
110,000
165,575
21,209
2,000
49,000
293.664
55,386
337,000
71,000
251,984
54,214
7,000
2,749,948
supply
2,872,300
totals or American and other descriptions are as
Of the above, the
American—
833.000
137,500
1,000
United 8tates exports to-day
Total visible
962,000
532,000
363,000
293,664
251,984
262,000
301,000
220,000
337,000
1 UC
lOllOWIDg arti LLln rOtclplB UI
This
week.
This
week.
Since
Sept. 1.
12,669
193
545
17
293
North’rn Ports
131,187
23,434
245,296
11,624
187,802
Tennessee, Ac
Foreign
1.599
146
Total this year
J2,478
883,432
13,812
Total last year.
Shipping News.
827,269
Since
Septl.
This
week.
151
2,030
•
•
•
•
t
9
r
„
....
107
39,844
10,999
....
...
.
.
.
21,079
....
843 74,731
1,739 85,956
512 23,134
....
....
32
Septl.
This .Since
week. Septl.
3,! 97
1,832
9,245
"70 1447!
Since
....
....
73
461
•
222
....
3,832 301,859
"20
CO
50
•
530
1/73:
BALTIMORE.
PHILADELP’lA
33,415
5,212
1,102
week, and since Sept.
BOSTON.
NEW YORK.
469,506
i via, a/vduvm,
LUUUIl ov
Philadelphia and Baltimore for the 1 ast
bbob'ts PROM-
426,400
2,320
3.273
4,123
2,573
Grand Total
1873.
301,000
Egypt, Brazils, &c., afloat for Europe—
1872.
1874.
....
••
....
onlv.
7,856
15,992
61,774
447
....
14,826
....
4,701
...
614
36,813
104,948
’
3,6,78 .308,912
587
47,444
1,015 96,778
r
the past week, as per latest mail returns,
bales. So far as the Southern ports are
have reached 21,554
concerned, these are the
2,660,784
sameexnorts reported by telegraph,and published in The Chron¬
follows: icle last Friday, except Galveston, and the figures for that port
349,000 are the exports for two weeks back. With regard to New York,
158,000
161,000
165,676
we include the manifests of all
night of this week:
vessels cleared up to
Wednesday
(June 6, 1874,
590
Totalbales
Liverpool, per steamers Idaho, 730
China, 208
Oceanic, 695
Spain, 378
Calabria. 809
2,320
Nbw Orleans—To Liverpool, per ships Si Capitan, 4,612
George
Peabody, 4,391
9,003
To Cronstadt, per ship Usko, 2.543
2,543
Mobile—To Liverpool, per ship Ben Nevis, 3,838
3,838
Savannah—To Liverpool, per bark Florella, 1,396 Upland and 1 Sea
Island
1,397
Tbxas—To Cork for orders, per bark Esperanza, 1,420
1,420
To Havre, per bark Diamant, 781
786
Nbw York—To
conspicuous for low grades, and some larger lines have been
$4 25 for No. 2, and $5 25 for superfine. The leading
business, however, has been in good to prime shipping exttas.
more
...
sold at
—
Boston—To
San
Liverpool, per str. Samaria, 212
Francisco—To Liverpool, per ship Golden Gate, 35 foreign
212
35
Total
The
21,551
particulars of those shipments, arranged in our usual form
Are as
follows:
Cork.
Liverpool.
New York
New Orleans.......
Havre.
Cronstadt.
Total.
2,543
2,320
11,546
Mobile
3.838
Savannah
Texas
Boston
Sau Francisco
1,397
212
16,805
...
we
to vessels
786
...
Total
Below
1,420
give all
....
212
35
....
786
1,420
news
2,206
21,554
2,543
received, during the week, of disasters
carrying cotton from United States ports:
Bahlana. str. (Br.), Williams, from New Orleans, at Liverpool May 27, rnn
short of coal, and was compelled to burn a portion of her cargo.
The
Babiana’s cargo consisted of 1,052 hales cotton, 8,379 bushels corn in
hulk, 276 sacks oil cake, and 1,200 staves.
Nbstorxan, str, (Br.), Watts, from Baltimore for Liverpool, in going into the
harbor of St, Johns, N. F., on the afternoon of May 21, struck a rock at
the entrance. She was delayed outside the Heads for twenty-fonr
hours previous, In consequence of drift ice.
Abbey Ryerson, ship (Br.), from Mobile for Revel, which was taken to Elsi¬
after being ashore, has been condemned and sold.
nore,
Andrew Lovitt, ship (Br.), at Liverpool May
28, from Galveston, had bul¬
warks stove and received other damage by collision in the Channel.
Charter Oak, ship, Staples, from Mobile via Elsinore ior Reval,.put back 1 o
the latter port May 30, to repair damages, having lost her
bowsprit by
colliding with another vessel.
Cotton
,
freights the past week have been
Liverpool.
,
Steam.
d.
Saturday..
Monday...
/—Havre.—,
.
Sail,
d.
,
Steam. Sail.
...
.C
.
Wedn’day.
Thursday.
C.
.Holiday..
.MX
.MX
MX
©X
..@3-16
•
..©3-16
Friday....
follows
Bremen.
Steam. Sail.
..S^-10
Tuesday...
as
.
..@3-16
....@
-MX
:
Hamburg
Steam.
&comp.
$6 comp.
#comp.
X comp.
Xcomp.
Sail.
C'
c'
MX
.MX
.MX
X
.MX
X
X
.MX
X
Liverpool, June 5—3.30 P.M.—By Cable prom Liverpool.
opened quiet and closed heavy to-day. Sales of the
day were 12,000 bales, of which 2,000 bales were for export
and speculation.
Of to-day’s sales 8,000 bales were American.
The weekly movement is given as follows :
Sales of the week
bales.
of which exporters took
of which speculators took
Total Stock
of which American
Total import of the week
of which American
Actual export
Amount afloat
of which American
The
May 22.
142,000
12,000
May 29.
(iS.fOO
9 000
36,000
3,000
3,000
67,000
5,000
5,000
787,000
437,000
854,000
476,000
962,000
70.000
103,000
57,000
59,000
8.000
7,000
40,000
772,000
412,000
89,000
48,000
8,000
672,000
671,000
7,000
667,000
272 000
238J)00
196,000
Satur,
Mon.
Tues.
Bxmx
...M*X1
sxmx
...MbX
Wednes.
Bxmx
....mx
Thurs.
sxmx
....mx
June 5.
532,080
172,000
93,000
6,000
578,000
124,000
was a
Flour.
Superfine State and West¬
State, &c
Western
Bxmx
....@8#
correspondent iu London, writing under the
23, 1874, states:
date of Mav
50}
5
10© 5 50
6 10© 6 40
ern
Sxtra
Grain.
i
# bbl. $4 00@ 4
No. 2
Spring Wheat
extras
do double extras
do winter wheat extras
and double extras
5 90© 6 35
6 50© 8 00
Wheat—No.3 spring,bush.$1 87© 1 4*
No. 2spring....
No. 1 spring
Red Western
Amber do
White
Corn-Western mixed
White Western
Yellow Western
1 45© 1 49
1 61© 1 62
1 54© 1 67
1 58© 1 60
1 57© l 76
80© 82#
92© - 95
83©
84
6 25© 9 50
City shipping extras
6 25© 6 75
Southern, white
Rye
City trade and family
brands.
7 00© 9 00 Oats—Black
Southe?
n
bakers’ and fa¬
mily orands
Southern
shipp’g extras..
Rye flour, superfine.. ...
Corn meal—Western,
8 00© 9 75
6 25© 7 75
Mixed
White
1 00© 1 02
1 06© 1 12
Barley—Western...
,
Ffonr, bbls.
32,205
meal, “
2.830
do.
Jan.
.
926,669
.
Barley, &c
,
do.
97>j@ 1 25
as
iollows:
EXPORTS PROM NBW YORK.
1874.
,
For the
Since
—
—*
1878.
For the
Since
,
1, 1973. week. Jan. 1.
week.
1,180,915
86,226 1,683,047
23,149
114,832
2,837
100,628
2,078
3,550,4391,350,624 15,136,065 406,860
3,664,252 581,013 8,672,258 332,921
64,971
17,291
872 216 17,449
630,398
20,530
....
561,450
....
3,527,687 193,477 3,729,593
80,739
Wheat, ous .1,524,035 13,902,8.10
Corn,
“
211.428 6.638,226
Rye,
“ . 39,257
439,191
C.
v
Since
1874.
,
For the
Since
week.
Jan. 1.
.
nominal.
..
Canada West
State
5 40© 5 90
-RECEIPTS AT NBW YORK.-
61
60©
61tf@ 63*
66©
69
..
.
&c. '4 10© 4 60
Corn meal—Br’wine. &c. 4 7C© 4 85 i Peas—Canada
The movement in bre&dstuffs at this market has been
Fri.
European Cotton Markets.—In reference to these markets
our
:
active, with large sales of
more
following table will show the daily closing prices of cotton for the week
Mid’g Uplands ..mx
do Orleans. .MBX
Corn meal, at some decline, has
Brandywine at $4 75.
good
in
To-day, there
business common and medium extras
at $6@6 25, but other grades were dull.
Wheat declined early in the week to $1 44 for No. 2 Chicago,
$i 45£ for do Northwest, $1 47 for No. 2 Milwaukee, and $1 49 for
No. 1 Spring, but with less liberal receipts and some decline in
ocean freights, there was a recovery to about the prices of last
Saturday. The advance, however, checked the demand. The
receipts at the Western markets were over two and a half
million bushels, and the
exports from the Atlantic ports
over two million bushels—a movement of unusual magnitude.
To-day, there were large sales of No. 2 Milwaukee at $1 49,
but the market was generally quiet.
Indian corn, under a pressure to sell, declined on Tuesday to
79@79^c for prime mixed, but from these prices there was a quick
recovery, and sales were made yesterday at 81@82c, with yellow
at 83@84c.
Choice white has been scarce and sold as high as $1
per push. The receipts at the West last week were nearly thtee
times as large as in the corresponding period last year, but the
demand is so general that stocks did not materially increase.
To-day, the market was firmer, with sales of prime mixed at 82@
82£c, but the close was dull.
Rye has been firm but quiet. Canada peas less active and nomi¬
nally unchanged. Oats have latterly advanced materially ; late
sales have included No. 2 Chicago at 62£c in store and 6$ic afloat.
White oats have been very scarce.
To-day, there was a good
business in No. 2 Chicago at 61ic in store and 62$@63c afloat, but
I choice white sold at 69@70c.
The following are the closing quotations :
been
The market
May 15.
Rye
grades have been without important change.
he better
flour has been dull but firm.
Jan. 1.
495.160
75 969
2,542,677
6,151,187
64,275
37,310
Oats
450
52,538
12.820
Liverpool, May 21.—The following are the prices of middling
The following tables show the Grain In sight and the move*
qualities of cotton, compared with those of last year:
"ment of Breadstuffs to the latest mail dates:
-Fair &
r-Ord.& Mid-%
16
19
,-Good &
g’d fair—,
Same date 1873-
Fine.->
Mid. Fair. Good.
Sea Island
22
24
26
38
18
21
30
Florida do
15
13
19
20
24
16X
16
22
19
Ord. G.Ord. L.Mid. Mid. G.Mid. Mid. F. Mid. G.Mid.
M.F.
Upland... 6*
IX
8X
8X
9
BX
10
8%
9X
Mobile.... 6#
7X
8X
8%
SX
9
10
8%
9X
N.O& Tex 6X
9
7X
8,tf
9 3-16
8X
9*
9X
10X
RECEIPTS AT LAKE AND RIVER PORTS FOR THE WEEK ENDING
MAY
30, AND
’
Since the commencement ol the year the transactions on
r-Actual exp. from
American.... 107,420
Brazilian.... 15.990
1873.
1872.
hales.
bales.
141.770
54,660
1,730
4,710
Egyptian, &c. 11,800
India, &c. 2,100
B. India, &c. 33,520
28.100
3,250
32,260
167,380
Total
91,010
408,210
170,830
outports to date—,
1874.
1873.
bales.
hales.
53,705
52,391
8,828
4,069
67.710
650
W.
Actual
Liv., Hull & other exp’tfronu
spec, to this date—*
1874.
bales
specula'
3 322
4.236
5,295
112,694
4,803
66,671
183,814
132,170
U.K.iB
1873.
baies.
120,750
18,880
9,990
29,270
412,600
591,49q
London, May 23.—The market has been dull during the week,
and prices are rather lower. Annexed are the
particulars of im¬
ports, deliveries and stocks:
_
„
1872.
1873.
Bales.
Bales.
Imports, Jan. 1 to May 21
238.179
Stocks, May 21
162,049
236,514
Deliveries
79,784
147,418
160,266
1874.
Bales.
9>,294
142,665
137,755
BREADSTUFFS.
Friday P. M„ June 5, 1874,
There has been
and yet
no
decided decline in flour
the market has favored buyers.
during the past week,
The demand has been
FROM AUGUST
Flour. Whea
bbls.
bnsh.
(196 lbs.) (60lbs.)
Chicago...
...
......
Milwaukee
Toledo
Detroit
Cleveland
St. Louis
Pcona
Duluth
33,718
719,260
41,470 1,121,195
8,237
173,091
9,734
111,128
4,250*
102,800
34,024
223,027
200
'
3,500*
Total..
135.133
Previous week
Corresp’Lg“week,’73.
’72.
’71.
’70.
119,238
131.597
4,990
143,425
1 TO MAY 80.
Corn.
bnsh.
“
Same time 1870-71..
*
Barley,
bush.
(56 lbs.) (821bs.) (481bs.)
1,372,195
559,649
61,940
79,115
416,701
18,727
76,305
21,267
6,650
503,783
69,890
99,402
24,150
25,800
2,598,4(6 2,404,146
1,720,669 1,338,896
991,133
1,407,478
104,324
107,314
730,173 3,066,578
1,153.694 1,923,529
1,632,716 1,523,085
Total Aug. 1 to date. 5.318,985 70,643,029 46,705.632
Same time 1872-73. 4.757,442 42,591,983 46,8S2,985
Same time 1871-72.. 4,441,048 35.524,561 51,142,59?
“
Oats.
bush.
118.891
Rye.
bnsb.
(56 lbs.)
16,828
6,450
5,183
,3,210
350
850
173
450
2,553
3,030
930,928
12.606
24,466
730,504
28,633
16,814
908,145
83,884
25,808
59,059
1,419,430
30.165
524.654
16,549 ' 88,916
470,995
20,743
36,699
22,548,029 5,924.248 1,648.889
21.380,026 9,027,709 1,621,718
22,982.028 6,214,118 2,601.657
4,895,458 39,383,096 30,994,511 18,902,997 5,191,257
1,477,017
Estimated.
Shipments of Flour and Grain from tha ports of Chicago,
Milwaukee, Toledo, Detroit, Cleveland, St Louis and Duluth,
for
the week
ending
May 30, 1874, and from January 1 to
May 30:
Flour, Wheat, Corn,
bHsh.
bnsh.
Weekending—
bbls.
May 30, 1874
111,322 1,872,314 1,322,743
May 23, 1874
115,383 1,967,368 1,550.626
Corresp’ng week 1873 132,842 1,252,583 1,073,909
570,391 2.206,835
Corresp’ng week 1872 97.607
953,534 1,158 302
Corresp'ng week 1871 92,158
Corresp’ng week 1870 83,267
761,622
848,794
Barley,
Oats,
bnsh.
■bush.
19,721
15,158
473,832
663,775
601,757
864,672
298,447
175,016
17,620
'
80.174
4.141
16,559
Rye.
bnsh,
6,443
13.984
72,585
-85,964
9,059
35,45|
&
•I
Jnt>«
6, 18?4.)
(THE ’ CHRONICLE.
Total Jan. to date...2,434,854 21,614.605 11,654,185 * 5,800,912 1,179,093 2,320.610
Same time 1878
2,394,081 10,440,870 12,176,61ft 5,700.705 1,482,541
279,768
Same time 1872
1,554,394 3,870,851 19,996,033 4,408,295 904,010
437,688
Same time 1871
1,518,809 10,111,603 14,474,954
591
medium
priced goods a fair trade has been done. The current
of values seem to be regarded by the trade as safe for invest¬
2,795,38^ 344,621 182,742 ments, and there is a disposition in some cases to anticipate future
RECEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THR
wants to a moderate extent, though the absence of speculation is
WBEK ENDING MAY 30, AND FROM JANUARY 1 TO MAY 30.
still a prominent feature of th© trade. Fine goods are not selling
Flour, Wheat,
Corn,
Rye,
Oats,
Barley
At—
bbls.
bash.
bush.
bnsh.
bush.
bush.
bush.
bush.
very freely, and the movement in light weight fabrics for the
700
186.152
1,233,946
316,710
current
retail trade is also light and unsatisfactory.
606
60,380
120,936
47,183
1,400
,
Montreal.
.
..
..
24.308
200,144
196,562
Total Jan. 1 to date..4,405,086
Same time 1873
3,472,538
Same time 1872
3,082,485
Same time 1871
2,896,053
The Visible
,
464,331
114,100
129,350
30,000
.
,
,
5,500
213,656
77,600
175,900
90.400
11,100
158,160
62,942
Cloths
3,080
2,850
7,236
43,765
23,652
526,386
63.348
163,202
82,586
Grain, including the stocks in
granary at tho principal points of accumulation at lake and
seaboard ports, in transit by raiband on the New York canals,
of
May 30,1874:
was, on
Wheat,
In store at New York
In store at Albany
In store at Buffalo
In store at Chicago
In store at Milwaukee
In store at Duluth
In store at Toledo
In store at Detroit
In store at Oswego*
In store at 8t. Louis
In store at Peoria
In store at Boston
In store at Toronto
In store at Montreal
In store at Philadelphia*
In store at Baltimore*
Rail shipments
Lake shipments
Amount on New York canals
Corn,
Oats,
bush.
bush.
bush.
426,467
14,000
206,526
1,160.766
948,288
343,355
425,075
125,362
20,000
383,595
1,741.279
87,314
359,614
14,410
175,499
400,000
181,684
6,779
,
10,310
287,296
....
741,516
122,935
150,000
110,154
1,585,595
170,000
234,780
1,067,800
255,443
945,969
2,256,715
9,711,744
6,241,151
6,775,250
6.017.065
6,531,586
7,830,816
9,847,757
Total in store & in transit May 23,’74 . 9,683,905
“
f,“
“
“
(May 16,74.. 9 881,395
May 9,’74 9,767,769
May 2,’74.10,985,860
May 81,’73 5,998,761
.
“
M
“
.
*
207,063
64,652
150,000
501,342
101,770
62,347
286,719
Total
Barley,
bush.
‘40,500
58.406
301,557
78,067
33,580
20,TM
15,000
98,475
35,274
43,822
22,381
42,490
7,884
76
347
1,100
478
our
Foreign Goods.—The imports1, are increasing
100
19,621
12,590
1,921,198
1,664,525
1,880,661
1.798,634
2,015,272
105,951
141,756
202,263
249,394
394,581
3,422,467
201,C47
■
that the receipts for the fall trade will be
The present trade is light, and the movement from first
hand is mainly through the medium of the auction houses. Job¬
bers have a demand for thin dress effects, and for some styles of
white goods, but beyond this their sales are small. The
imports
of woollens are likely to be heavy this fall, and goods are
already
running forward quite freely.
The importations of dry goods at this port for the week
ending
June 4, 1874, and the corresponding weeks of 1873 and 1872
heavy.
general market is in every particular similar
to that usual at this period of the year, and in most departments
the utmost dullness prevails. The sorting purchases of the in¬
terior trade continue as heavy as are usual at this season, in con¬
sequence of the lightness of their early purchases, and the fact
that the backwardness of spring has made a more active late
demand. The aggregate business is light, however, with the
exception ©f a few special lines which are moving with a fair
degree of freedom. This is particularly the case with prints,
which have been lowered in price again, and have now touched a
figure at which they meet very quick sale. Heavy woolen fabrics
have also shown more spirited activity during the past week, and
considerable sales of both $ and 6-4 caEsimeres have been effected.
The large sales of woolens at auction seem to have restored com
fidence to some extent in the woolen goods market, and clothiers
operate with more freedom to the extent of their current require,,
without note¬
Collections from the interior are somewhat
the whole, payments are made without much
delay, and there - is no general complaint on the part of the
worthy feature.
backward ; but, upon
trade here.
Domestic Cotton Goods.—There has been no
general change
during the past week, and the quotations remain about
when
same as
we
last wrote.
A few brands of brown and
bleached
goods have been reduced a little, but there seems to be
no prospect of a general shrinkage on these goods.
Prints have
been the mbBt attractive goods in the market during the past
week, and the reduction in prices on several well-known marks
has led to an active and excited demand for jobbing lots, and has
resulted in a pretty liberal distribution. This has reduced the
supply in first hands considerably, though of some makes there
is still a full stock of light effects held by the agents.
Lawns and percales have sold very fairly, and at good prices.
The early, sales of these goods were rather restricted, but with the
coming of warmer weather retailers are distributing their fabrics
more freely, and are themselves buying fair amounts.
Colored cottons are rather ‘quiet and are without essential
change. Other cotton goods have undergone no important changes
and are generally quiet.
Domestic Woolen Goods.—There
-
has been rather
more
call
heavy weight cassimeres for the use of clothiers, and in
follows:
as
ENTERED FOR
CONSUMPTION FOR THE WEEK ENDING JUNE
-1872Pkgs. Value.
Manufactures of wool.... 227
$90,615
do
cotton.. 400
119.673
do
silk
178
117,703
do
dax.
343
81,583
355
75,696
Total
1,503
4, 1874.
-1873
341
747
259
$485,273
-1874-
Value.
$121X718
Pkgs.
Pkgs,
1,003
142,101
331
54,818'
365
885
43a
870
206
1,686
$692,942
2,759
.
195,019
171,286
Value.
$176,854
240,120
303,564
166.019
58,246
$944,803
WITHDRAWN FROM WAREHOUSE AND THROWN INTO THE MARKET DURING THE
8AME PERIOD*
Manufactures of wool....
do
cotton..
do
silk
do
flax
Miscellaneous dry goods.
240
276
$106,543
824
$139,759
189,849
571
98
236
96.943
178
168.820
146,917
82.778
2,5l7
26,672
3.367
Addent’dforconsumpt’n 1,503
$371,700
485,273
Total thrown
$ 856,973
J
The financial Condition of the trade is
gradually, and
acknowledges having ordered heavily,
there is every prospect
Total
The condition of the
in values
no one
.
Friday, P. M., June 5, 1874.
ments.
last report.
despite the fact that
Estimated.
O
for
there have been no
important features to note in connection with these goods since
.
80,00ft
40,000
85,232
388,400
220,094
THE DRY GOODS TRADE.
the
as yet:
Worsted dress goods are quiet and easy.
Flannels and blankets remain quiet, and
have been
2,500
4,055
dull, and there has been but little movement in
are
overcoatings
...
2,022,107 1,098,462
397,777
1,400
2,006,896 * 960,643
460,908
19,800
1,024,880
849,557
19,459
355,662
20,382,720 18,750,509 6,223,866
699.790
5.425,882 12,683,722 7,804,948 1.061,452
3,249,877 21,153,374 6,365,573 1,227,433
7,616,560 12,162,479 4,086,980
459,675
Supply
range
51,693
nponm’k’t. 4,870
397
482
,
1.952
2,686
271
282
$120,442
70
381
49,389
80.U92
16,566
694
26,387
$ 554 846
692,942
1,698
2.75ft
$353,726
4,638 $1,247,788
77.416
944,803
4,457 $1,298,529
ENTERED FOB WAREHOUSING DURING SAME PERIOD
Manufactures of wool....
do
cotton..
do
silk
do
516;
99
427
flax
Miscellaneous
dry goods.
Total
Add ent’dfor consumpt n
...
379
164
$212,409
141,314
101,139
112,329
30,895
402
71
1,515
1,503
38ft
195
$154,823
53,481
17,649
58,889
9,039
23
242
113
$001,116
921
$293,881
485.273
2,686
092,942
$148,815
72,235
34,767
55
396
2,176
82,018
43,976
3,211
2,759
$381,806
944,808
Total entered «i the port. 3,018 $1,086,419
3,607
5,970 $1,326,609
$986,823
We annex a few particulars of leading articles of domestic
manufacture our pricesiquoted being those of leading jobbers:
Prints.
Ancona fancy....
do Jap. strip’s
9
do oil colors..
American
8*-9*
do
10
gn & oan
do
10
pnk enks
do
robes....
10
Anchor shirt’s....
8*
Albion solid. ,....
9
do
10
fancy,,...
do
9
suiting....
Allens’ fancies.. .8*-9*
do
checks
10
do
pink
10*
do
cheviot
do
shirtings.
8#
Amoskeag
7*
•
do
purples
8*
Bristol fancies...
9
Cocheco L
9*
do
robes
10
do
pinks....
11
do
10*
purples...
do
8*
shirtings.
do
9*
fancy
,
....
Conestoga fancies
Carleton mourn’g
Dunnell’8...
do
purples
do
checks.
Freeman fancies
.
do
ruby
do Swiss do...
do
frocks...
do
pinks...
do
pul-ples..
9*
9
8*
10
10
8
9
9
ft*
9*
9*
Garner’s fancies..
S*
do
9
purple..
do
robes...
9*
do
shifting 7^-7
Oriental
Gloucester.,i..
:
do mourning,
do
shirting!
Richmond’s
...
-
J
do
i
do
,
checks
.
do
Peabody solid....
......
do
do
do
do
OX
ox
ox
Hamilton
10
.
h’r cord.
10*
purples.
shirt’gs.'
10*
shirting.
buffs
do
Pacific Mills
mourn-
.
.,..
Sprague’s froc’s..
do
do
do
do
do
do
do
do
reds,
j
....
solids....
9
fancies
..8*-9*
chnz rbs.
10*
blne& wh
11
robes.*.,
10*
8*
do
shirting
do
do
Jap strps
.
mourning
j.
1
do
robes....
purple...
^
rubies....
10* 1
10* 1
do grn stripes
do pad’d fan.
do
fancies
do fan & choc
do Swiss rub.
10*
10*
10*
10*
10*
10*
10*
10*
do green&or.
do
do
do
do
9
10*
10
10
pnrples.,
pinks....
1
do
do
10*
9*
10*
10*
9*
do solid blacks’
9
do
Hartel’s fancies..
OX
do
Swiss,
10*
do
10*
rnby&bk
do
solchks.
10
do
10*
grn&oge.
do
10
palm ..
10
do
c&rpi’ks
Miners shirt’s
§*
Manchester
OX-0)4
do
robes. .10%
Merrimac D fey.
9*
11
do F pk&pur
do
G
ft* '
do
8* j
ehirtgs
robes..
do
10* 1
10
Mallory pinks....
j
9
do
buffs..
do
frock....
9* J
9
1
do
h’r cord..
do
checks...
I
Oriental
9*
..
10
9
9*
purples
Q,kr sty
frocks..,
dbl pnk
Simpson
8*
10*
T’rkey red
palm robe
pnrples...
pink .....
11
10#.|
Cotton Sail Dock*
Woodberry, Druid Mills
and Fleetwing.
No.
No.
No.
No.
No.
No.
No.
No
0....
1
2
3
4.
5
6.
7
46
44
42
40
38
36
36
31
No. 8
No. 9...
.
32
30
Light duck—,
Bear (8oz.) 29 in..
do heavy (9oz.)...
Mont.Ravens 29in.
do
40in.
Stark (10 oz.)
20
23
22
30
25
J Ontario and Woodberry
I
USA Standard 28* in
do
8oz.
do
9 oz.
do
10 oz.
do
12 oz.
do
15 oz.
Ontario Twls, 29In.
do
36in.
24
26
28
33
40
20
25
15
Ex twlal‘Polhem’s”
Checks.
Caledonia.No.7..
Columbia, No. 70
Far.* If in, No. 6
Jas. Long, No. 10
13
19
13
12*
Lewiston A
Kennebeck
Nolaa’s e«tra
Park Mills,No,50
18
’...
13
Union Mills,No.18
do.
No. 20
do..
No.5Q
York I
20
21
i
22*
17
592
THE CHRONICLE
GENERAL
GUNNIES.—8eereport under Cotton.
PRICES CURRENT.
ASHES?ot
HAYNorth
6X0
3 75 0 8
14 00 @ 17
28 50 @ 30
Cement— ftosendaie".
....@ 1
Lime— Rockland, common
1 10 @ 1
Rockland, finishing
1 60 @ 1
Lumber—Southern pine
29 00 @ S3
White pine box boards
*23 00 @ 28
White pine merchan. box boards. 24 00 @ 30
Clear pine
r>5 00 @ 75
Oak and ash
50 00 @ 60
Black walnut
1U0 0U @1 30
Spruce boards & planks
24 00 @ 26
Hemlock boards & planks
18 00 @ 21
JVdlte-10@60d.com, fen «fc sh.fi keg 3 90 @ 4
Clinch, 1 to 3 In. & longer
5 50 @ 6
3d fine
6 00 @
6
Cutsplkes, all sizes
4 00 @
Paints— Lead, white, Am, pure. In oil
...@
Lead, wh., Amer., pure dry
9* a
K
Zinc, wh.,Amer. dry. No. I
3
Zinc, wh.. Amer., No.l, In oil
llMd
Paris white, English, prime
1 90 @
Croton
Philadelphia.
Halfflr’ tnbs.per inv.(NY,N.J.&Pa.)
Welsh tubs, per lnv.
“
Welsh tubs, per inv.. Western
Firkins, per inv,
“
CHKE8K—
State factory, good to fan
State dairies, fine
75
00
50
75
85
35
Russia, clean
Italian
•lanlla
Dry—Buenos Ayres
14 X
<3
12*
&
4
a
24
27
a
24*@
24*0
24
19
is
'
@
a
a
a
@
a
a
a
...
Chill
Pernambuco
Matamoras
Bahia
Wet Salted—Buenos Ayres
Para..
California
Texas
cur.
E. /. stock—Calcutta slaught... gold
18
...
is
...
24*
10
15
@
....
5 00
IRON-*
Pig, American, No. 1
Pig, American. No. 2
Pig. American Forge
17
IS
@
@ 20 00
....
19*0
gold.
gold.
gold.
15*@
17*@
19
27
21
21
18
15
0
16
gold.
15*@
20
19
23
18
gold.
Lairoayra
16
17
18
@
@
17
gold.
COPPERBolts
0^
@
@
....@
oz;.
9
@
@
15
....
.
..
Ralls,
new,
English
4*@
5*
@ 55 00
@ 62 50
com.
.gold
Rails new. American
....
Ordlnary, foreign
gold
Domestic.
Bar
Sheet and pipe
“
6*@
5 65
24*0
9
Orinoco, &c.,. h., m.& 1.
rough
Slaughter
.
6
5 75
*
8*@
LEATHERHeralock. Buen, A’res, h.. m.& l.cur.
“
California, h., m. & 1..
‘*
“
@
crop..
Oak, rough
Texas, crop
“
“
@
27*@
30
26
25*@
28*
27*
29
(a
31
34
36*
0
“
“
32
“
82
@
@
@
88
36
MOLAS8ES—
gold.
“
“
“
“
“
krgols,refined
Arsenic, powdered
Bicarb, soda, Newcastle
B1 chro. potash, Scotch
Bleaching powder
Brimstone,crude
“
Brimstone, Am. roll
Lamphor, refined
...,@
Cuba,'clayed
86
@
1H
26
Cuba, centrifugal and mixed.
Cuba Muscovado, 30 test refining to
grocery grades,—
30
@
39
English Islands
40
40
@
@
...
5
56*|
2
37 00
3
bond, fl gal. .gold.
“
Cochineal, Honduras
“
Cochineal. Mexican
**
Cream tartar
Porto Rico
12*0
fift.
**
@
@
@
5
0 37 50
@
“
Cutch
Gambler
“
Tar, Washington
Tar, Wilmington
cur.
Ginseng,Southern
city
Spirits turpentine
ft gall. 39
Rosin com. to good strain’d
bbl
Jalap
cur.
gold.
Madder, Dutch
Madder.French
gold
**
Nutgalls,blue Aleppo..
Oil vitriol (66 degrees)
Opium, Turkey,in bond
Prusslate potash,yellow
Quicksilver
8*@
4*0
5*0
....@
■&
19 @
15 @
29 @
25 0
7 @
6
@
33
fi lb.
pr
Sal soda,Newcastle,
Shellac
Soda ash
gold
gold
Sugar of lead, white
Vitriol, blue,common
*85
18*@
Valencia
Loose Muscatel
75
00
50
00
50
15 00
15 00
17
Prunes, Turkish
Dates
Figs
Canton Ginger
Sardines, H hi. box,
Bardinas, ♦ ar box
Macaroni, Italian
Domestic Dried—
...0
28
13*@
14
15
V case
car.
“
25
0
@
@
@
13*@
11
Apples, State, sliced,1873 crop
do
do
quarters
do
@
14*@
14
(to
do Western
do
Pearhes, pared, Georgia
do
do. North Carolina
do.
do. Virginia
do
unpared, halves & quarters
Blackberries
....
....
2 90
14
3 75
8 45
Currants
Citron, Leghorn
5 35
@
@
@
.
@
12*
6V
8
18
7 00
26
14
13
15*
14*
l-*@
2i @
27
@
@
82
30
28
28
9
10
....
Grenoble
7.7.
@
@
82
@
0
@
a
@
a
a
@
a
13
2 50
2 50
8 00
39*
2 70
4 00
2 95
5 00
6 25
0
12*
0
20
36
@
87
34
0
35
20
0
21
@
14
10*
16*
11*
@
a
@
@
....
cast, Tool
cast spring
machinery.
German spring
21
9*@
.
blister
....
...
17
11
12
11*@
9
Cuba,lnl.to com. refining
a
7*0
fair to good refining
prime, refining
do
do
do
do
do
do lOto 12
do 18 to 15
do 16 to 18
do 19 to 20
do
white.
Porto Rico,refining, com. to prime.
do
grocery, fair to choice..
Brazil,bags. D. 8. Nos. 8 to 12 .....*.
Java. do. D.S., Nos. 10 to 12
Manila
Defined—Hard, crushed
fift
Western, ff ft
10*@
11*@
English
Plates. I. C.cbarcoal....
Plates.char. Terne
WOOLAmerican XX
American, Nos. 1 & 2..
....
9*@
.
If!
9%@
9*@
8*0
9*
9*
9*
7X@
8X
8 1-16@
.@
8*
7 15-16
26*@
t
S
8*
9*
10*
10*
10V
8*
8*
8*
8*
7*
10*
10X
8*@
14
Straits
9*
8*
9*
7*
6*7*
7*@
...
TIN-
....
....a
...@
Hard, powdered
do
granulated
do
cut loaf
Soft white, A standard centrif...
do
do
off A
White extra C
Yellow
do
r
Other Yellow
:..
TAT-L(>v'r—
Prime city, ^ ft
8*
8*@
8*0
S%@
8*@
7*0
4*@
7X@
8*@
8%@
9*@
10*@
9*@
7*@
3*@
6%@
...-
.
...,
7*
7 *0
r
fair to good grocery
pr. to choice grocery.....
centr.bbds. & bxs, No. 8 to 13
»
,
21*
57
53
65
58
0
@
@
@
@
47
33
@
@
83
25
23
29
36
83
27
15
Cape Good Hope, unwashed
Texas, fine
Texas, medium
Smyrna,unwashed
•
10 75
9 50
47
43
50
Fine, unwashed.Medium
Common
South Am. Merino unwashed
•
24
21* -a
American, Combing....
Extra, Pulled
No. 1, Pulled
California. Spring Clip-
•
•
0
.
10 50
9 00
61
37
31
25
@
@
@
@
0
32
33
36
SO
17
@
ZINC$ ft,
Sheet.....
FREIGHTS—
,—
To LlVKKPOOL'
Cotton
^ ft.
Flomr
38 bbl.
..
2 6
35 0
55 0
Heavy goods. .$ton.
Corn.b’lk & bgs. f* bn.
Wheat, bulk & bags..
Reel
d.
v.
^
d.
2 9
27 6
40 0
11 @—
66 @...
4 9 Or....
d
8.
.@
10*0...
tee.
IB bbl.
8*
-SAir—s
,—
*»3-16
®....
@40 0
@....
a
8*
stkam.—
S.
Oil
pork.
gold, net
0
a
4 (L
•
•
•
•
....
30 0
.
,9 a
9*0
56
a
4 0
<"•
Commercial Cards.
Irvine K.
a
@
@
11 @
7 @
2 90 @
2 65 @
<g
@
OOUIMISSION
....
29
39
* lb
COTTON
BUYER,
a
@
7*0
gold
(a
...
cur. 42 50 0
Cottonseed, crude
55
gall
Linseed, casks and bbls
Menhaden, prime light
Olive, in casks *
113
96
40
85
Neatsloot
Whale,bleached winter
68
Whale, Northern
Sperm, crude
8perm, bleached winter
Lard oil, prime
@
a
@
REFERENCE.—First National Bank, Nashvillb
42 00
43 00
97
a
41
100
@
@
70
62
1 82*@
87 a
PETROLEUMCrude, in bulk
Crude in shipping order
Refined, standard white
57>*
115
@
@
153
1 85
87)
5*<&
13
Naphtha.City.........
PROVISIONS—
Pork new mess V bbl
Pork, extra prime
Pork, prime mess cit.y
Beef, plain mess, new
Beef, extra mess, new
Beef hams, new
Chase,
Nashville, Tennessee.
@
OILS—
.
Hams, pickled
....
18 00
14 50
5}
9
a
a
€
IS*
7)
a 18
12*
15
20
12
14
00
19 00
00
00
10 00
18 00
50
18 00
24 00
11
fR Tb
10*@
11 9-16®
It*
@
a
a
@
@
MANUFACTURERS OF
MANILA, SISAL, JUTE Sc TARRED
CORDAGE,
FOR EXPORT AND DOMESTIC
192 FRONT
STREET
USE,
NEW YORK.
Wm Pickhardt&Kuttrofi
IMPORTERS
AND
COMMISSION
MERCHANTS
IN
CHEMICALS, COLORS, DYESTUFFS,
(fee,, &c.
3 50
new
enrollr.h, fair to choice...,
Louisiana, fair to prime...
8 ALT—
Turks Island
St. Martin
Cadiz
Liverpool .various sorts...
9
7*@
,
Henry Lawrence & Sons,
RICE—
.Rangoon,In bond,
a
....
Ivica
Shelled....
Princess
Lard
@
17
....
Western
FRUIT—
5 75 @
2 S7*@
12
OH* CAKE—
City, bag
4
22
19
18
16
English, cast,2d<fclst quality
j%> ft
English, spring,2d & 1st quality
English blister, 2d & 1st quality
16
13*@
....
OAKUM
FLAX—
8ultana
Fllberts, Sicily...
Barcelona
do
do
do
do
10*0
Raisins,Seeaiess...
do
Laver
5 50
Wilmington, new
A’monds, Languedoc
do
Tarragona
|
@
pale
do
1 60 @
62 @
2 20 @
...@
15
extra
Peanuts! Virginia.
FISH—
V 1b
pale
“
do
•
North River
“
3 00
2 90
4 50
Walnuts, Bordeaux
do
Naples
@
@
George’s Bank cod
4 50 @
Mackerel, No.l, shore
20 00 @
Mackerel,No. I, Halifax
16 0i) @
Mackerel, No. I, Bay, late catch..., 15 00 @
Mackerel,No. 2, shore
15 25 @
Mackerel, No. 2, Halifax
11 50 @
Mackerel, No. 2, Bay
14 50 @
No. 1
No. 2
Brazil nuts
2*@
cur.
Rhubarb, China,good to
20
15*0
gold. 1 43
47
70
48
NUTS-
gold. 7 62*@
Quinine
...
“
•
Lac dye, good & fine
Licorice paste, Calabria
Licorice paste, Sicily
80
2 25
2 40
Pitch,
....@
51 @
51 @
“
Ginseng, Western
....
V gal.
38
34
NAVaL 8TORES—
29*@
87*0
18*0
“
Cubebs, East India
Demerara
N.Orleans good to prime
1 25
..a
Banca
LEAD-
“
Cloves
do
do
dO
82
30
26
34
Store
Sheet, single, double & treble
....@
COTTON—See special report.
a
11*@
do
stemn
STEEL—
*
10
18
18*
1 15 @
1 15 @
11 *@
Nutmegs, Batavia and Penang..'
Pimento, Jamaica...
do
00 @ 34 00 '
00 @
00 @ 23 00
TO @ 39 00
Plg.Scotcn
Prices. each.
160 00 @162 50
Bar, Swedes, ordinary sizes ...
Scroll
100 00 @135 00
Hoop
110 00 @155 00
Sheet, Russia, as to assort..
.gold.
16 @
17
442*
16*@
gold.
gold.
...gold.
gold.
.V 0)
Batavia
Melado
Hav’a, Box,D. 8. Nos. 7 to 9
a
a
a
is
...
Molasses, hhds & bxs.
to*«
16
...
17*@
do
Calcutta
Mace
American
American
American
American
American
6*
7 23
@
....@
25 @
...@
23 @
12 @
Ginger African
do
do
do
do
do
1*5
a
a
...
gold
white
Uassiu, China Llgnea
*
6*@
7 00
BUG All-
12x0
green
Cropof 1878
Crop of 1872
Crop of 1871
Crop of 1870
82*@
11 00
St Domingo
8avanilia
Costa Rica
5*
25*0
Calcutta, buffalo
ordinary cargoes,60@90 days.gl d.
Raspberries
26
Dry Salted— Maracaibo
COFFEE—
Cherries, pitted
P luma
3*@
Montevideo
Calcutta, dead
4 97 *@
5 17*@
4 40 @
7,000 tons chestnut
Liverpool gas cannel
Liverpool house cannel
do
lo
do
@
@
“
gold
Corrientes
Rio Grande
Orinoco
California
Maracaibo
Bahia.
0
4 65
20,000 tons stove
Castor oil, E.l.in
Caustic soda
Chlorate potash
“
HOP8-
Scranton, May 27:
6,000 tons steamboat
12,000 tons grate
5,000 tons egg
DRUGS & DYESAlum, lump
Argols, crude
9
00
00
00
00
10
7
HIDES—
00
00
00
00
00
00
00
00
50
25
Auction sale of
Sheathing, new (over 12
Braziers’(over 16 oz.)
Ingot
nominal.
@2SC
@130
@230
@290
00
2
2
li
•
Sisal.....
Jate
CO AL—
..
do
do
!90 00
125 00
gold ‘.*25 ')0
“
285 00
.....cold.
Pepper, Sumatra.....'
do
Singapore
@115
...
American dressed.....;.....
American nndressed
BUTTEK-
do fair,
do
do good,
do
do prime,
do
Java, mats and bags
Native Ceylon
Maracaibo
River.shipping
Western
SPICKS—
HEMP—
Bricks—Common hard, afloat
:
Foreign
4 25
3 75
@
@
report.
BUILDING MATERIALS—
Rio
8PELTER-
GUNPOWDEKShipping » 25 ft keg
Min. & Blasting
BREADSTUFFS—Seespeclal
[June 6, 1874.
No. 23 Cedar
Street, New York.
8X
Branch Offices In
Philadelphia and Boston.
30
WM. PICKHARDT,
General Partners
ADOLF KUTT
BADISCHE AN1LIN &
fcSODA F ABRIK
2 85
Special Partnar
ttrofV,!
@FedFRASER