The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
HUNT'S
MERCHANTS’
^ 3# ttfelg
MAGAZINE,
paper,
representing the industrial and commercial interests
VOL. 2&
.SATURDAY, JUNE 8, 1878.
C ONTENT8.
THE
THE BANKERS’
'
564
Miscellaneous
566
GAZETTE.
Money Market, U. 8. Securities,
I Quotations of Stocks and Bonds... 571
572
Railway Stocks, Gold Market,
| Local Securities
Foreign Exchange, N. Y. City
j Investments, and State, City and
Banks, Boston Banks, etc
568 |
573
Corporation Finances
THE COMMERCIAL TIMES.
Commercial Epitome
576 | Dry Goods
576
Cotton
'.
Breadstuff s
580
vain, however, to disguise the fact that
present some uneasiness prevails in this and the
Eastern States with regard to the
permanency of
resumption. Of course this feeling is mainly caused
by a fear of the adverse action of the Silver bill.
The argument is
two-fold:—first, that silver being
the cheaper metal, it, and not
gold, must necessarily
at
Latest Monetary and Commercial
English News
Commercial and
News...
NO. 676.
It would be
CHRONICLE.
Ninety Cents or a Dollar
559
Railroad Earnings in May, and
from January 1 to May 81
560
Financial Review of May
562
The Debt Statement for May, 1878. 563
of the united states
531
Imports, Receipts and Exports
Prices Current
...
582
583
be the standard when sufficient silver has been issued
for commercial purposes; and
secondly, as soon as the
variation in the value of legal tenders
begins, and the
slightest difference is established between them and
gold (one quarter of one per cent will be as effective as
ten per cent),
many ways will easily he found for draw¬
The Commercial and Financial Chronicle is issued on Saiur
ing out and shipping the Secretary’s acc emulations.
day morning, with the latest news up to midnight of Friday.
We do not share' this anxiety to any considerable
extent, though the conclusion seems to be clear enough
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE:
if we were to grant all the
For One Year, (including postage
$10 20.
premises. But there are
For Six Months.
6 10.
several
Annual subscription la London (including posatge)
steps in the descent, at any one of which it may
£2 5s.
Sixmos,
do
ao
do
1 6s.
be
possible for the unfavorable progress to be arrested.
Subscriptions will be continued until ordered stopped by a written order, or
at the publication office. The Publishers cannot be responsible for Remittances
As
the first of these, the honest silver advocate would
unless made by Drafts or Post-Office Money Orders.
mention a recovery in the value of silver. We
London Office*
are,
The London office of the Chronicle is at No. 5 Austin Friars, Old Broad however, not optimist enough to find much rest or com¬
Street, where subscriptions will be taken at the prices above named.
fort in that hope. When the Silver hill was passed,
54£d.
Advertisements.
was about the ruling price; now, after
a few months of
Transient advertisements are published at 25 cents per line for each insertion*
but when definite orders
given for five, or more, insertions, a liberal dis¬ our demand for
coinage, and an increase in the Eastern
count is made. No
promise of continuous publication in the best place can be
riven, as all advertisers must have equal opportunities. Special Notices in
demand, the price has fallen below 53£d.; at that rate of
Banking and Financial column 60 cents per line, each insertion.
william
daea,
l
WILLIAM B. DANA & 00., Publishers.
progress it looks to us as if it would take a long time
JOHN g. floyd, jp. j
79 & 81 William Street, NEW YORK.
to reach its old equivalent.
Post Office Box 4592.
To he sure, another year we
shall need a million more a month, but is not that too
A neat file-cover is furnished at 50 cents; postage on the same is 18
cents. Volumes bound for subscribers at $1 50.
trifling an amount to have any very decided effect upon
For a complete set of the Commercial and Financial Chronicle
a supply which
every people in Europe seem intent
July, 1865, to date—or of Hunt’s Merchants’ Magazine, 1839 to 1871, inquire
at the office.
on
augmenting. In fact, this disposition to discard
or
change off silver for gold is so manifest that very
The Business Department of the Chronicle is represented among
Financial Interests in New York City by Mr. Fred. W. Jones.
little hope can be felt even through the proposed inter¬
national congress. Unfortunately and unnecessarily we
NINETY CENTS OR A DOLLAR.
have put ourselves at a disadvantage on that question,
The refusal of the Senate on Thursday by a vote of for now we are in the
position of suppliants, whereas
35 to 23, to take
we
up the bill repealing the resumption
might have forced our conferrees there. Possibly,
law, and the very largely increased voluntary subscrip¬ however, as a mark of courtesy, all the natipns invited
tions for our 4 per cents, amounting on the same day to
may consent to be represented; hut the temper in which
our
v|l,1^3,350, are extremely gratifying indications, bearing,
proposition will be finally received by the leading
we think, a close
relationship to one another. When the country of the Latin Union may be illustrated by a
Syndicate contract was signed our credit was at so low sentence from a recent letter of M. de Parieu, the chief
a
point that there were no takers for these bonds and author of that Union, and late Minister President of
onr legislators were loud in their condemnation of the
the Council of State. “ If,” he observes, “ it he proved
resumption act. Now, note the change:—the people “to us that America invites us to’an absolute rehabilisee that we have
virtually reached resumption, and their “ tation of depreciated silver in order to gain us over
representatives in Congress begin to feel the influence of “ as customers for the metal she produces, may we not
a
changed opinion among their constituents. There is a “suspect the possibility of being her dupes?” Wo
teaching in these facts which should enable us to look cannot, however, at this time discuss this point, hut wo
|&tothe future with decided hopefulness.
think every one who has attempted to inform himself
3pue Cltrmixclc.
,
.
.
...
are
b.
,
_
THE CHRONICLE.
560
[Vol. XXVI.
i
.
.
V -
subject is pretty well satisfied that there is no Experience has since taught that such a conclusion was
unwarranted. Consequently we now find not a few falling
prospect of establishing anew through the proposed
on
the
into the opposite error, of considering the measure wholly
congress the old equivalent or the American equivalent
for silver. And yet, if the conference meets, there is innoxious. What has been said, however, would indicate
that we sh^ll only feel its effect when we reach a point
reason to believe that some
practical good will result.
But though we see little present hope of restoring
silver to its old place and price, we think the conclusion
that the legal tender will therefore speedily depreciate
from its gold value after resumption, on account of the
presence of silver dollars, by no means follows. That
the simple presence of a large proportion of silver as a
mixed basis of the currency is not necessarily disturb¬
ing to the value of the currency, is proved by the history
The Bank of Franco/ for illustration,
of France.
according to the official paper of the French Treasury—
Bulletin de Siatistique—had outstanding, January 1st,
1878, circulation to the amount of 2,547,044,000f.,
against a cash reserve of 2,042,500,000f., which cash
reserve was made up as follows:
Gold—French coin
Foreign ingots, &c
Total
909,600,000
267,500,000
francs. 1,177,100,000
gold
francs.
Silver—French coin
Total
francs.
francs.
865,400,000
francs. 2,042,500,000
gold and silver
ability and determina¬
tion to make the legal tender interchangeable with gold.
We have seen that in lue case of an organization like the
Bank of France, with power unlimited lodged in its offi¬
cers, that the presence of 42 per cent of silver in its
reserve and a very large silver currency among the
people with which the notes of the Bank are interchange¬
able, were not sufficient to affect the value of the note.
This, however, is not proof that like conditions here
where confidence weakens in our
would be attended with
has
as
little risk.
That institution
always exercised a quiet yet absolute control over
possessed apparently by no other; while
England uses for its protection the dis¬
turbing method—disturbing to all commercial inter¬
ests—of raising its rate of interest, the Bank of France
never gives any evidence of its method or purpose except
in result. Besides this, the French have, as already stated,
stopped the coinage of silver, and we have not; and, fur¬
thermore, there are also differences between the Govern¬
ments and people of France and the United States, which
make a comparison between them with regard to the cur¬
rency imperfect. We do not, therefore, cite the facts
and conditions mentioned as furnishing a parallel in all
respects for ourselves, but simply as indicating that
with good management at Washington, considerable
time will probably elapse—more than many have
anticipated—during which silver coinage may progress
as
rapidly as proposed, without giving signs of disturb¬
ing effects.
And in this fact our great hope lies.
Teinpus omnia
revelat; and as our people are especially teachable, we
its
reserve
the Bank of
proportions of gold and
silver in the reserve when the Bank resumed, Jan. 1, 1878,
were 57 per cent gold and 43 per cent silver, and yet
the notes were then and had been for a long time, and
are still and will continue, at par with gold.
Hence,
must we not admit that the argument is incomplete
which concludes from the simple presence of 43 per
cent of silver and 57 per cent of gold, that notes based
upon the two metals will partake of, the value of the
cheaper metal.
Furthermore, and in confirmation of the same thought,
it must be admitted that the opponents of the Silver
bill have been agreeably disappointed in seeing legal have the utmost confidence that time will reveal to them
tenders unaffected thus far by the operation of that act. the evil effects of which the Silver bill is capable, and
The question therefore arises, why is this ? Why are that it will be
changed. Of this truth, the events of
legal tender and Bank of France notes at par of gold the past week serve as an illustration. We are now
when the only offer is to pay them in gold or silver or
virtually on a gold basis. Let us once reach that con¬
This statement shows that the
both ?
In the
obvious
case
answer
is
of the Bank of France we think the
the confidence felt in
the
will¬
ingness and in the ability of the Bank to pay gold if
demanded. And is not the same feeling the controlling
influence in our own case too ? We have just seen how
easy it was for the Government to increase its gold reserve
within a few weeks fifty million of dollars. We knew it
was possible even before this last experiment; but more
especially since then, by a very easy transition, we infer
that as the same power still exists, if need arises it will
again be used: hence our confidence. There is, however,
a very important point in which we differ from France.
When silver lost its old position the nations in the Latin
TJnion stopped coining it. It is known, therefore, that
their stock of legal-tender silver is not increasing. But
we are putting it through our mint as rapidly as we can,
and as the law now stands we propose to continue this
process. A difference, then, between us is, that France
has actually stopped injecting the cheaper metal, while
we have not.
Still, this difference at present is of no
moment; later on, if continued, it must have a decided
influence.
dition and continue in it for
a
time without the disasters
demagogues are predicting—-or rather, we should say,
with prosperity developing on every side which is sure
to
fo low the event—and we have
result.
Our
people
are too
little fear for the
shrewd to give
a
dollar for
ninety cents.
RAILROAD EARNINGS
JANUARY 1
IN MAY AND
FROM
TO MAY 31.
monthly statement of railroad earnings is com¬
piled one day earlier than usual, as it would necessarily
be delayed until June 15, unless published in this issue.
The weekly and monthly reports of earnings are now
watched more closely than usual, and in the present con¬
dition of the stock and bond markets it would be inad¬
Our
visable to postpone the publication of these tables for
another week, in order to obtain the returns of a few
roads, which will, in fact, appear then in our
weekly statement of earnings.
more
points presented by the tables this month
widely different from those noticed in the April
The salient
the reason for the truth which is are not
admitted now, that originally in forecasting the effect of reports. The large increase in groks earnings has been,
the Silver bill the length of time necessary for its action as a rule, on the grain-carrying roads of the West. The
was given too little importance.
Very many hastily con¬ receipts of corn and wheat at Chicago and Milwaukee
cluded that the passage of that bill was to be followed were large for a great part of the time, and on some
almost 'mmediately by decided evidences of harm done. days the arrival of loaded cars at Chicago was beyond
These facts suggest
Junk
THE CHRONICLE.
8, 1878.]
precedent, even in the history of that extraordinary
city. The Grand Trunk and Great ^Western roads of
Canada show
a
falling off in earnings
as
compared with
May, 1877, and it is much regretted that we have no
reports from such roads as Lake Shore, Michigan' Cen¬
tral, Fort Wayne, New York Central & Hudson and the
Erie, which, to a certain extent, are competitors with the
Canada lines for through traffic. By way of London, we
have
just found out what the Erie earnings
for
were
January and February, as published elsewhere.
Freight rates by rail from Chicago to New York
remain nominally unchanged at 20 cents per 100 lbs. on
grain. Lake rates are quoted at 1-J to 2 cents per bushel
for corn from Chicago or Milwaukee to Buffalo, and 2£
to 2j cents for wheat.
Canal rates closed at
cents
bushel for wheat and 4f cents for corn from Buffalo
New York. Rates from Chicago to New York by
lake and canal have been 8 cents for wheat and 7£ cents
per
to
against 12 cents for wheat and 11*2 cents for
corn, through by rail.
In consequence of the absence of Mr. Vanderbilt and
other managers of Western railroads, the meeting which
for corn,
was
to have been held this week in New York in relation
to the
important matter of arrangements for east-bound
freight was postponed to June 11, the date on which the
present compact will expire.
The Chicago & Alton increase in earnings was made
chiefly in the last half of the month. A report, not offi¬
cial, gives the earnings of the Chicago & Northwestern
road for May as $460,000 larger than those of the same
month last year.
1878.
'Atchison Topeka & Santa Fe..
Bari. Cedar Rapids & Northern
$291,400
139,490
1,574,000
357,365
799,000
86,940
6! 7,235
Chicago & Alton
Chicago Milwaukee & St. P....
Denver & Rio Qrande
Grand Trank of Canadat.....
Great Western of Canadat
Illinois Central (main line)....
.
318,057
...
do
444,255
(Iowa leased lines).
132,267
71,570
53,196
Indianapolis Bl. & Western*..
International & Gt. Northern*
Kansas Pacific
Missouri Kansas'^ Texas
St. L uls Alt'. & T.H. (br’chs)*
St. Lcuis Iron Mt. & 3 juth’n *
St. Louis Kansas C. & No th..
St. Louis & S. E —St. L. div.*
do
Ken. div.*
do
Tenn. div*
Toledo Peona & Warsaw
Wabash
281,491
206,757
27,570
203,037
258,132
31,579
21,866
1877.
$189,913
71.605
Inc.
$101,485
67,835
1,554,653
311,266
607,141
4)8,053
692,713
334,198
Dec.
$
369.4 5
95,023
74,760
37,239
74,611
53,313
216,552
231,307
26,258
2:1,853
227,178
r
3,041
182
34,939
'9mm
•
24,550
1,312
30,954
1,093
4,572
30,486
17,294
9,091
2.863
26.328
|6,43S,819
$5,834,578
$702,892
42,764
23,759
$148,151
1877.
Inc.
Central Pacific
6,407.410
333j224
52,939
Chicago & Alton.
Chicago Mil. & St. Panl
1,616,536
3,621,000
459/792
6,354,471
1,672,760
2,369,923
243,635
1,251 071
93,569
52,087
203,223
Wabash....
Total...
Net Increase
*
3,534,127
1,622,591
1,787,845
$235,680
Sioux City & St. Paul
Southern Minnesota
-
1,547,234
1,304 442
1,600,146
1,240.611
225,141
127,080
218.709
111.798
62,954
536, 1£5
54,817
8,137
418.493
117,662
1,893,380
1,705,223
117,718
728
8,236
1,372
18,283
2,097
'1,837
s..
Net decrease
2,773
349*090
10,787
11,310
7,395
AO
Worthington & Sioux Fal
J7W
30.
Increase.
$400,248
164,568
t
FROM JANUARY 1 TO APRIL
1878.
1877.
1,103,863
60,953
4,245,184
Cairo & St Louis
Chicago Burlington & Quincy.
Clev. Mt.Ver.®Del.& brchs...
Dakota Southern
Lonisville Cincinnati & Lex..
120443
1,103 574
80,424
3,696.856
113,137
67,305
49,377
274,445
1,705,200
741,862
€05,303
66,732
2,835,753
8)4,604
7,306
$1,091,811
180,2 IS
116,595
238,667
26,739
Falls...
32,125
46,033
99,363
40,395
9,157
920,893
78,964
Net increase
45,363
GROSS
19,466
17,928
$13,218,901 $13,203,533
Philadelphia & Erie
St. Panl io Sioux City
Sioux City & St. Paiu
Southern Minnesota
Worthing on & Sionx
648.318
50,777
42,625
103,173
21,147
Mobile & Ohio.
Nashviile Chatt. & St. Lonis.
Paducah & Memphis
Decrease.
5,289
806,570
1,659,167
642,499
504,908
57,275
3,806,646
878,568
129,471
73,970
135,4945,592
$1,046,448
EARNINGS, EXPENSES AND NET EARNINGS.
•The statement below
gives the gross earnings, operating expenses and net
earnings for the month of April, and from Jannary 1 to April 30, of all the
roads that will furnish statements for publication:
-April.
,
1878.
Burl. Cedar Rapids & North.—
Gross earnings
Operating exp'ses and taxes.
Net earnings
...
Chicago Bnrlingt’n & Quincy—
1877.
earnings
Clev.Mt Ver.&Del.and Brchs—
Gross earnings
Operating exposes and taxes.
,—Jan. 1 to April 30.—»
1878.
1877.
$115,277
$72,435
$553,026
90,! 13
£4,334
376,774
$287,687
223,999*
$25,164
$19,051
$176,252
$63,688-
$960,198
545,232
$4,245,184
$3,596,866
670,080
2,482,563
2,172,129
$448,656
$414,966
$1,762,621
$1,424,737
$32,362
$31,566
$120,443
$113,137
24,487
22,655
94,120
92,619
$7,875
$8,611
$26,323
$20,518
$19,777
$18,806
$67,305
#9,737
$49,877
$37,£68
$
$1,118,736
Expenses.,
earnings
9,262
$10,515
$
$80,772
$49,323
46,863
27,359
$260,264
169,256
$180,582
102,809
$33,904
$21,964
$91,008
$77,773
$281,601
$258,193
201,510
144,166
$328,620
651,265
$845,841
498,704
$80,091
$111,032
$277,315
$347,137
$72,997
61,927
$274,445
221,*557
$306,570
$8,69)
$11,070
$52,883
$53,702
*$360,000
262,479
$3G1,372
263,323
$1,705,200
1,092,544
$1,659,167
1,081,514
$97,521
$98l044
$612,656
$577,653
$206,796
$221,P57
182,423
161,925
$841,489
709,968
$941,503
610,468
$24,.363
$59,732
$131,521
$331,035
$123,469
$126,872
Net earnings
Denver & Bio Grande —
Gross earnings
Expenses
Net earnings..
Kansas Pacific.—
Expenses.
Louisv.lie Cin. & LexingtonGross eamngs
$64,761
Oper. exp., taxes & rentals..
56,065
252,868
’
Net earnings .. ..
Louisville & Nashville-
Net
earnings
Oper. expenses, inch. taxes...
Net
earnings
Paducah & Memphis—
Gross earnings
Operating expenses...
75,884
Philadelphia & ErieGross earnings.... ..
124*564
Operating expenses.
18,557
52,912
63,831
6,432
Net earnings
St. Lonis Iron Mt. & South.-
Operat. and general expenses
15 282
Net earnings
St. L.& Southeast.—St.LJDiv.—
Gross earnings
183,65?
$3,324,1)86
796
971
~
Nashville Chatt. & St. Louis—
$293,141
3,026,845
year,
X From January 1 to May 24.
May 1,878, and $74,220 from January 1 to May 31,1873.
Earnings of the Dabnque & Sionx City Riilroad during May, and for the
five months ending May 3!, were as follows; these figures are included in
those of .’he Iowa leased lines given above: May, $36,859 in 1878 and $57,545
In 1877; J nu-vy 1 to May 81. $410,877 in 1873 and $303,003 in 1877.
The fo low ng companies have bit recently reported their earnings for Ap:il.
*3,764,772
•
Philadelph:a & Reading
Philadelphia & Brie
St. Paul & Sioux City
Dec.
The earnings of the Sprlnzfleld Division of the Illinois Central Railroad
ars hot included in the lirores~given in the tables above. They were: $17,646
in
$3,600,204
128,469
22,841
158,538
~
256,887
129,630
86,214
1,210,111
1,048,246
175.881
each
4,820
115.32 >
Oper. expenses and renewals
26,224
£04,H6
461,603
555,963
1,032,393
1,172,810
194,438
$31,158,550 $28,131,715
Three weeks only of May in
t From January 1 to May 2\
2,506
64,761
860,000
upv rating txpsnses.
31.
$396,443
Indianap. Bloom. & Western*
7,328
77,364
~
$850,940
International & Gt. Northern*
Kansas Pacific
Mi8soari Kansas & Texas.
St Lonis Alt. & T. H. (br’chs)*
St. Louis Iron Mt. & Sonth’n*.
St. Lonis Kansas C. & North..
St. Lonis & S. B.—St. L. div.* ’
do
Ken. div..*
do
Tenn. div.*
Toledo Peoria & Warsaw
28,974
21,579
32,332
19,777
Net earnings...
Miseouri Kansas & Texas—
Atchison
1,822,814
2,044,732
613,746
497,822
480,079
14,103
991,029
215,090
49,579
960,198
31,566
18,806
78,636
^2,%7
361,872
97,037
126,372
25,614
12,272
1,340,119
225,827
38,269
86,770
1,270
19,460
*
in each year,
May 25.
% For the foar weeks ended May 24.
317,204
3,586,194
1,118,736
Net earnings
*
Three weeks only of May
t For the four weeks ended
GROSS EARNINGS FROM JANUARY 1 TO MAY
Increase. Decrease.
303,142
Operating expenses
554,241
Denver & Rio Grande
Grand Trunkt
Great Western^
Illinois Cent, (main line)
do
(la. leased lines).
Ciev. Mt. Ver. & Del. & brchs....
Dakota Southern
Detroit & Milwaukee
Louisville Cincinnati & Lex..
Lonisville & Nashville
Mobile & Ohio
Nashville Chatt. & St Lonis..
Paducah & Elizabethtown
Paducah & Memphis
Gross
75,473
16,111
85,011
3)7,489
1878.
Chicago Burlington & Quincy.
1877.
276,872
18,190
..
Dakota Southern —
46,099
191,859
18,887
11,960
Topeka & Santa Fe. $1,247,333
Borlingt’n C. Rap. & Northern.
692,516
1878.
Atlantic & Great Western.
Cairo & St. Lonis
Neteamings
19,317
111,339
400,253
Net increase;
GROSS EARNINGS IN APRIL.
Net
GROS8 EARNINGS IN MAT.
561
Operating expenses
Net earnings
St. L. & Southeast.—Ky.Div.—
Gross earnings
Operating expenses
Net earnings
—
St.L.& South’st.—Tenn.Div.—
Gross earnings
7-
Operating expenses
Net earnings.
*
Estimated.
!
+92,402
81,404
$605,3 3
378,310
$564,908
.33^,611
$S6.C67
$14,968
$226,963
$226,297
$14,109
12,960
$12,272
$66,732
9,569
51,196
$57,275
46,168
$1,143
$2,703
$15,536
$11,107
$215,090
149,273
$225,827
163,241
$804,604
557,876
$878,568
629,271
$65,817
(62,586
$246,728
$249,297
$283,101
211,599
$287,903
$1,344,133
824,86?
$1,368,290
183,750
$71,502
$104,153
$519,271
$596,956
$48,131
38,957
(44,645
33,472
$193,580
154,120
$188,223
140,947
$9,174
$11,173
$39,460
$47,276
$28,636
22,632
$20,838
20,730
$105,129
86,377
$94,503
84,691
$4,004
$1C8
$18,752
$9,813
$13,173
$10,029
771,834
9,99/
9,916
$59,926
89,844
$45, “26
40,495
$3,176
$113
$11,082
$5,231
11 dudes $10,000 spent for new cars,
bridges, &c.
562
THE CHRONICLE.
April.
,
St. Paul &, Sioux CityGross earnings
Operating
1878.
..
.
expenses
Net earnings
Sioux City & St. Paul—
Gross
earnings
Operating expenses
Net earnings
Wabash—
Gross earnings
Operating
....
expenses
....
$38,269
April 39
127 in
April, 1877; the total excess of exports for ten
from July 1, 1877, to August
1, 1878, was $228,908,955, against a similar excess of
$153,575,179 in the same period of 1876-7. The follow¬
ing is a summary of the movement of both specie and
merchandise, all in specie values.
—*
1877.
29,104
$180,248
113,081
$129,471
$.7,876
$9,165
$67,167
$26,175
$-28,974
23, 03
$21,579
17,574
$116,595
82,754
$73,^70
63,342
$5,971
$4,005
$33,841
$10,628
$411,265
294,623
$’88,683
$1,491,627
271,972
1,079.646
$1,347,734
1,094,238
months of the fiscal year
103,296
EXPORTS AMD IMPORTS OP THE UNITED STATEf.
$116,642
....
$110,716
following March figures have bat recently
International & Gt. Northern
come to
-March
,
$413,981
,
$253,496
/—Jan. 1 to March 31. ->
1878.
1877.
1878.
1877.
$10i',125
76.801
$112,656
114,102
$347,740
223,311
$423,'60
351,553
Net earnings
Grand TrunkGross earnings
$23,324
def $1,446
$121,409
$72,407
£ 51,485
£1*3,407
120,871
£463,068
368,003
£480,713
363,436
-
Expenses
123,715
Net earnings
£30,770
£32.536
£95,065
general
,
$598,187,292
365,561,851
$44,414,529
Excess—exports.. $24,511,071
Excess-—imports
$227,625,441
$1,738,176
$156,514,168
$27,077,914
$3,907,362
$85,393,712
38,332,701
April.
Ten Months
$511,697,789
42,67o,353
358,183,621
Specie-
Exports
Imports....*
$4,011,822
5,981,157
£67,217
25,794,400
1,583,411
Excess—exports.. $
$1,283,514
Excess—imports..
1,969,835
Total Merchandise and Specie-
$2,323,951
$63,97 »,901
41,429,168
$620,265,206
391,856,*51
$18,321,891
44 259,764
Excess—exports.. $22,511,736
Excess—imports.. '
$223,908,955
$4,062,127
Exports
Imports
FINANCIAL REVIEW OF MAY.
The
1877.
,
Ten Months.
8546193.901321823..11007%*
'
>
April.
$59,959,082
35,448,011
Exports
Imports
hand:
earnings
Expenses.....
Gross
1878.
.
Merchandise—
Net earnings
The
$4^,579
31,703
.
.
/-Jan 1 to
1878.
^
1877.
[vou xxvi.
$2,038,989
$550,091,501
£96,51 ,322
.
$153,575,179
....
BANK MOVEMENTS AND THE MONEY MARKET.
of affairs during May was, rela¬
The statements of the New York
tively speaking, satisfactory. The prevailing tone was
City Clearing-House
one of
buoyancy, and the volume of business at the banks were chiefly conspicuous for a decline in the
Produce and Stock Exchanges
was large, with prices specie line from $30,051,900 on the 4th to $19,827,100
drooping at the former, but advancing materially at the on the 25th, while in the same time the legal-tenders had
latter. There appeared to be a
very decided falling off increased from $ 56,435,300 to $44,023,900. The changes
course
in the number of mercantile failures,
nite reports of the mercantile
although the defi¬ were attributed to the sales of United States bonds and
agencies covering this accumulation of gold in the Treasury. The money
period ill not be issued till July, and a comparison with market worked quite easily throughout, and in the
previous months is therefore impossible. The principal latter half of the month showed a tendency towards the
events of the month
directly affecting the markets were low rates usually prevalent in the summer months, call
the continued heavy receipts of breadstuffs at Western loans being current at 2@4
per cent and prime commer¬
cities and the favorable reports
cial paper at 3^@4£
of the growing crops,
per cent.
the prospect of a peaceful solution of the difficulties in
YORK
STATEMENTS IN
May 4.
May 11.
May 18.
May 25.
Europe, the extraordinary success of the Syndicate here Loans and discounts... $229,936, 100 $232,030,700
$243,122 600 $233,997,200
Specie
30,('5!,900
27,469,500
21,030,200
19.f>27,100
closing out the whole $50,000,000 of the 4J per cent Circulation
20 033.100
19,998,8(J0
20 0 2 800
20,005,800
Net deposits
201.033.000
199,074,000
199,6b6 100
196,985,300
oan, and the increased railroad earnings and common Leg 1 lenders
36,4*5.300
33,612.000
41,1120,100
44,023,900
Surplus reserve
252
15,822 000
talk of the prospective return to
14,128,775
14,104,675
specie payments. - On Range of call loans.... 16,718,700
3 @5
3 Q5
3 @i
2 @4
Rate
the other hand, the depressed prices of
prime paper.
4 @5%
4 @5%
4%@5%
3%@5
grain and pro¬
INVESTMENT SECURITIES.
visions without the hope of immediate
recovery, and the
United States bonds were remarkably active, inconse¬
passage by Congress of a law prohibiting the further
cancellation of legal tenders, and
leaving the amount to quence of the Syndicate transactions; and the success in
be kept out at the present
figures, $546,681,016, may closing out so rapidly the entire $50,000,000 of 4£ per
cent bonds, on which their
be mentioned as among ihe
options extended up to the end
unsatisfactory features.
of
The following summary shows the condition of the
December, was the theme of general comment. Sales
of
4 per cents were also
New York City Clearing-House banks, the
freely made by the Treasury, and
premium on
gold, rate of foreign exchange, and prices of leading against these five-twenty bonds were ca led in.
Railroad bonds met with a large demand, both for
securities and articles of merchandise, on or about the
investment and speculation, and the movement was
first of June in each year, from 1875 to
very
1878, inclusive:
STATISTICAL SUMMARY, JUNE
1, 1675 TO 1878.
buoyant and active. Prices advanced sharply and nearly
all the well-known bonds on the Stock
Exchange list
1873.
1877.
1876.
1875.
in
participated
the upward movement.
New York City Banks—
NEW
CITY BANK
MAY.
....
*
over
on
Loans and discounts. $ 234,0'9.406
8p«cie
$ 17, 0U00
Cir - u at ion
Net d* posits
$
$
Legal tenders
$
Snrp. reserve (over 25 %)$
Call loans, i rime ptper
...
25',7M,400
128,8Y,200
1V44, 00
1,843 8 0
19.941 00 *
16.143,'00
199,867,9JO
223 4 1,6 0
f 5.899.7 0
19 873, 0j
22,835, 00
£2.419,100
7,283,0^0
16,456.150
47,-mwo
14, 82,225
3-4%
G»ld
1**1
Silver in London. $ oz..
53%d.
Prime ster i m bi Is 60 days 4 84%-i 84%
U. 8. 20 bo’ids, ’67, c up.
10:%
U. s. 6s, currency
118%
U. S. 10-40s c up *n
107%
TJ. K 4*s, 189!, coupon...
103%
N. Y C*'-t & Hud. stoc
1(9%
Chic Rk. Isi. & P*.c. sio**k
312*
Illinois Cet tral eto< k
83%
Lak- S & Mich So sto k
64%
Del. Lack A W> sr. stock.
L6%
4 entr 1 of N J
stock.
11%
.
.
—
..
,
10 %
53 %d.
4 87-4 88
114
82-38
16 5 -«8 no
1 07- 1 08
42-46
9 10- 9 25
FOREIGN TRADE
4 87%-4
t*8%
121%
124%
307
81%
9;%
7
54-58
14 20-1 40
OF THE
4.
5.
4-6
116%
4
•
122
no
30 %
•
..
....
....
12
....
....
.
.
.
....
106
105%
106%
106
106%
8...
*
104%
104%
!04%
104%
104%
117
108*4
36
'
47-.'5
26 (i0-28 00
1 <8- 112
21
.2
75-83
STATES.
$22,541,736, specie and
included, against an excess of $4,062,- {1
,
....
....
....
...
....
....
....
....
.
103% 108% 104% 107% 109%
18% 108% 104* H7% 109%
10M% 108% 104% *07%
....
8
....
...
103*4 10C% 119%
....
!08% 104*4 107%
1(9
108%
1*7%
108% 1G8%
107%
19 50-2 J 00
....
103% 103%
103%
119%
103%
1(0% ....
K'3% 103% K0% 119%
xl02%103% 10u% ....
104% 102% lo3%
107% 107% 103% 1(6%
106% 1U6%
107% 107% 104
106% .....
108
1(7%
1(6% 109% 106{4 106% 104%
108
104
106%
1(6% 105
!?....■ ..108
108
106%
106% ...;
18
101% 108% 104% 117
106% 106% 105%
100%
100%
57”
The
merchandise both
....
....
foreign trade movement for the whole country 27
108% 10*%
88
108%
has been rep rted by the Bureau of Statistics
108%
up to the
close of April. The excess of
108% 108%
exports over impor s
for the month of April was
Opening107% 107%
i
....
S
7
I2i*4
MAY, 1878.
r-6s, 881—v r~5 20s, Coupon—v,—10-40s—, 5s,’81. r-4*4s,’91-x 4s, 6s.
reg. coup. ’65 n. 1867. 1868. reg. coup. coup, reg. coup. con.
cur.
.107* 107*4 103% 106%
106
105% x!04% 103* 103%
119%
107% 103% 106% 109% 106
105% 104% 103% 103%
107% .... 103%
105% 104% 103% 104% 100% 119
107% 103% 106%
105% 104%
103%
119%
.107% 107% 103% 106%
105%
107% 107%
103% 109%
8.. ....107% 107% 103% 103%
106
107% 103% 106%
10«%
10
107% 103%
106%
107% 103% 106%
55%<1.
86%-4 87%
118%
12
38 44
22 »«'-23 00
1 16- 1 21
51-60
18 25-1- 50
UNITED
1
lo,» 31,775
53%
1(6%
83%
39%
May
19 921.100
232,^90 900
63,371.9 K)
118%
96
48%
11 5 16
?5-45
8 ro-i9 00
1 65- 1 75
11,482,500
105%
53
CLOSING PRICES OP GOVERNMENT SECURITIES IN
2 <1.39",500
4-5
l 2%
52d.
T'2%
112*
26
..
Cotton, Mil Up $ U>
Wool. Am. XX $ lb
Iron, Am pig No. 1,79 tn..
WhiavNo.2si r • g,$ u..
Coru, West, mix, $ bu.
Pork mes 79 * t.
3%-4%
.
102%
10*%
1<2%
103
103%
103%
M% 100% ....
104
119%
104% 101
11
...
104%
107
105%
104%
105% 103% t04%
105% 103% 104%
107% 107% 105% 10 % 104%
107%
T>5% 103* 104%
10
107%
103% 104%
....
....
.
..
....
104% 107%
104% 107 *
104% 107% 1C9% 107%
Holiday
104% 17% 109% 107 *
103% 106% 109% 106
Bighest.1'9
108% 104% 107% 10% 107%
Lowest.. 107% 107% 103% 106% 1 9% 105%
Closing. 108% 108% 104% 107% 100% 10. %
....
....
....
....
120%
101% 20%
10 % 121
101% 122
105% 103% 104% 101%
107% 1*5% ll’8% 104%
....
120%
101%
...
105% 102% 10»% 101% 128
..
107%
105%
107%
105%
105%
1C4%
101% 103% 103%
15% x 103% 10
1 4% xl(h%l03%
....
101% ....
10 % U9%
101% 122
’00* 118
107% 105% xlOJ%104% 101% 122
June 8,
THE CHRONICLE.
1878.]
563
CLOSING PRICKS OP CONSOLS AND U. 8. 8KCURIT1K8 AT LONDON IN HAT.
Consols U.S.
for
5-20, 10-40 58 of New
1881. 4#s.
Money. 1867.
Date.
1
May
2
«
3
it
4
5
6
7
8
9
»*
u
it
tt
IS
«t
10
11
12
18
14
15
16
17
41
ss
-
K
Hob day..
94 13-16 109 * 107# 106*
95 1-16 103* 107* 106#
93 1-16 108* 107* 106*
3....
95*
10-# 107* 106
95 1-16 108* 107# 106
93 9-16 103* 107# 106
95 15-16 10>* 107* 106*
96
108* 107# 106*
95 15-16 108* 107* 106#
•«.*•••.
.
.
.
.
,
•
It
It
t«
u
it
...
S
May
14
•
(C
41
it
,
ioi*
tt
105
105
(1
10 i#
S4
105*
105#
u
SI
X4*
108*
106* 104*
10^* 107
108* 106*
108# 107*
109
107*
i07*
x5*
X4#
P
(l
97
94
9-16 109* 109# 107* 105#
5-16 105* 104* 103# 102*
109* 109# 107* X5#
a
announced and the stock and bonds made
large advance.
The
following table will show the opening, highest,
lowest and closing prices of railway and miscellaneous
stocks at the New York Stock
Exchange during the
months of April and May:
Albany & Susquehanna.
Bur. C. Rap. & North..
Central of New
Jersey..
Chicago & Alton
do
pref...
Chicago Burl. & Quincy
Chicago Mil. & St. Paul.
do
do
pref.
Chicago & Northwest...
75#
78
32#
16*
73#
18
75#
ICO
106
99#
101#
43#
72#
51#
75#
55#
45
do
pref. 70#
Chicago & Rock Island. 103#
Cleve. Col. Cin & ltd...
Cleve & Pittsburg, guar.
Columb. Chic. & li.-a. C.
Del. Lack. & Western...
55
Dubuque & Sioux City..
60
Erie
77
4
do pref
24#
Hannibal & St. Joseph.. 11#
do
do
pref. 26J4
Harlem
149
Illinois Central
74#
Kansas Pacific
8#
Lake Shore & Mich. So. 65
65#
Mo. Kansas & Texas—
4
Morris & Essex
78
New Jersey
120
New Jersey Southern....
1
N. Y. Cent. & Hud. Riv. 106#
N. Y. N. Haven & Hart. 158
Ohio & Mississippi
9
ho
pref..
15#
Panama
127#
Pitts. P. W. & Chic., guar 92
Rensselaer & Saratoga.. 96
St. L. Alton & T. H. prf
12
St. L. Iron Mt. & South.
7#
St. Louis Kans. C. & N.
5
do
do
pref. 23
St L. & San Francisco..
Stonington
Wabash.
43#
71#
45
69#
101#
25#
74#
3
Open.
77
77
29
17
83
77
83
32#
26#
27
16#
32#
72#
79
70
99
73*
29#
16
73
99#
103#
49#
73#
51#
71
105
27
76
4#
51#
58
60
60
13#
10#
12#
27#
23#
11#
27#
50#
*
13‘4
31#
149
76#
9
69#
72#
4#
25#
148
74#
6#
61#
65#
120
2#
76
119#
109#
105#
80#
159
11#
20
127#
92#
158
8#
15#
125
90
May.
High. Low.
Clos.
60
100
104
101
49#
73#
51#
71#
26
76
60
26#
148#
76
8
61#
6S#
3
3
77#
77#
120#
1#
120
1
106#
158#
8#
17#
126
90#
96
12
7#
5
3#
51#
26#
8#
67#
68#
54#
78#
112#
29#
81#
>
11#
76
81
104#
12#
28#
104
148
105#
54#
106
85
120#
1#
110#
9*
17
124*
97#
100
13
7#
7#
5*
4#
20#
2#
3#
51#
61#
60
15#
11#
32
26#
12#
11#
29# 26#
148# 147
76
84#
8#
7
63#
61#
71#
63#
3
2#
8#
90
98
13
20
2*
120
104#
25#
74#
56#
159
15*
124*
100
49
72#
49#
70#
22
•
Clos.
Gold & Stock Telegraph
Western Union Tel
American Coal....
Consol. Coal
db
A
7K
15#
118
Wednesday..
Thursday....
Friday
Saturday.
Sunday
Monday
Tuesday
1 100#
2 10G*
.
.
*-
...
5
.
.
..
.
..
It#
6#
4#
20
2#
1#
72
72
72
72
12*
20#
22#
17#
Maryland
Coal
Penn. Anthracite Coal..
Pennsylvania Coal
Spring Mountain
Quicksilver.
.,
Express.
.
.
American Express......
UnitedStates Express..
Wells Fargo Express....
10
10
73#
73#
24#
9#
73#
2#
prf
Ontario Silver Mining..
Adams
25**
2#
85#
i8*
31
101 *
48#
51
89
21*
17*
21#
23*
62
18
21
62
83*
79#
30
2#
3
37
18#
34#
102#
49#
51
SO
1k
2#
35
16#
30#
101#
48#
50
89
22
30
•
io“
Coal
Mariposa L.&M
do
24#
JK
2#
•
o
26
100# 100# Sunday.
100* 100* Monday.
27
100# 100* Taesday
28
ICO* ioo* Wednesday...29
Thursday
30
100# IOO* Friday..
100* ioo*
no* 100* May,
1878..
44
100* IOO*
1877...
44
lOoK 100#
1876...
100# 100#
1875...
O
3
ioo*
ioo*
101
101#
.
ioi
ioo*
1874...
44
1873...
44
1872...
1871...
1870...
1869...
1868...
44
44
4*
44
(4
ioo*
101
101
101
Holi
101
101
101# 101#
101# 101#
d>y..
ioi’*
101#
ioo# 100* 101* 101
106# 106# 107# 106#
11V# 112# D3* 112#
115* 115
116#|U6*
Hi* 111* 113# 112*
117* 116* 11 #118#
112# 11^# 114# 114#
HI K 111
H2* 111*
115* 113# 115* 114#
134# 13
144* 138#
139* 139# 140* 139#
II
((
.19
.20 100*
21 100*
1867..
135# 135
14
1866...
100* too*
4i
Tuesday
100* 100* ioo#
1865...
Wednesday.. .‘2 109# 100# 100# 100#
1884...
44
Thursday... .23 100# 100# 100* 100*
1863...
(4
.24 100* 100* 101
1101
Friday
1862...
.25 101
Saturday.
100* 100 100* Since Jan. 1, ’78
.
£
p»
5
m
.
Sunday
Monday
tl
©
1
Date.
100# ioo#
100* 100# 100*
10u# 100* too*
Thursday....
100* 100# 100* ioo*
Fridav
17 100# 100# 100* 100#
.18 100# 100# 100* 100*
Saturday
138* 136*
125# 125# 141* 140#
145# 128# 145# 187
14
177
151
168
190
190
145* 154# 145
102# 102* 10»# 103#
102* 100# 102* 101
..
10
155“
50
1#
4.S6
34
104
49#
49
50#
89#
50
50
89*
91#
52#
3 days.
4.89 @4.89#
@4- 86#
4.88#@4.89
.4.85*@4. 86#
.4.85*@4, 86#
4.88
(§>4.89
4.83
@4.89
.4.85#@4, 86*
4.85*@4..86#
4.68
4.88
4.88
4.88
4.88
4.88
@4.89
@4.89
@4.89
•
.4.8b*@4..86*
.4.85*@4.•36*
.4.85#@4..86#
.4.85* @4. 86#
•
60 davs.
4.85
.4.85
“
18.
.4.85*@4.86
S
155
50
7#
63*
110#
4.84*@4.85#
4.81*@4.85*
.4.8i*@4.£5*
4.84#@4.85#
•
@4.89
@4.89
@4.89
.4.82*@4.83#
.4.82*@4.83#
4.87* @4.88
.....
4.86*@4.87
4.85*@4.86
4.65*@4.86
Holiday
...
.4
83#@4.84
THE DEBT STATEMENT FOR
The
4.85#@4.86
4.85*@4.89#
11#
6*
4#
21#
1#
MAY., 1878.
following is the official statement of the public debt as
and Treasurer's returns at the close of
of May, 1878:
appears from the books
business on the last day
Debt
Character of Issue.
5s of 1858
6s of 1881.
bearing; interest in Coin.
Auth’rizing
Act.
6s, Oregon War
June 14, ’58
Feb.
8, ’61
March 2, ’61
10-40’s
5-20s of 1865, new.
5-20s of 1867.......
5-20s of 1868
5s, Funded Loan, 1881
4# s,
do.
1891
4s,
do.
1907
July&A.,’61
March 3, ’63
March 3, ’64
March 3, ’65
March 3, ’65
MarchS, ’65
July 14,’70
July 14, ’70
July 14, ’70
—
6s of 1881
6s of 1881
5s,
6s,
6s,
6s,
♦
Coupons of $50 and $100 bonds
When Pay ble
Interest
Periods.
1874
1880
181
1881
1881
1904
1885
1887
J.
J.
J.
J.
J.
1888
1881
1891
1907
Bonds
©
.2
QQ
&
&
&
&
&
J. a
J. ft
J. c
J. d
J. d
M.&S.* a
J. & J. d
J. & J. d
J. & J. d
Q.—F. d
Q—M.
Q.—J.
±
,
••
Outstanding.
Registered.
$260,000
Coupon.
$
13,853,000
•
•
.
•
.
4,562,000
945,000
62,532,650
20,799,450
50,345,350
.
126,788,700
54,2. 0 550
144,221,050
51,326,250
105,861,300
15,950,000
232,149,800
148,35 UG0
66,739,850
204,755,000
21,515,300
276,290.550
86,640,900
25,110,150
$959,71 ,600
$809,024,050
55,527.800
paid annually in March.
are as follows: (a) Coupon,
$1,000, registered $5,000. (ft) coupon $1,000, registered $1,000, $5,000, $10,000,
(c) $50, $100 and $500. (d) coupon, $50, $100, $500 and $1,000, registered, same
and also $5,000 and $10,000.
On the above issues of bonds there is a total of $4,526,227 of interest over-due
and not yet called for. The total current accrued interest to date is $26,277,555.
Bizes or
are
denominations of each issue of bonds
Debt Bearing; Interest in Lawful Money.
‘
1#
48#
16*
89*
4.87#@4.88
S
.4 85* '74.84#
@4.89
4.88 @4.88*
4.87#@4.88
4.87#@4.83
9
15#
10
16
30
101
4.87#@4.S3*
4.87*@4.88#
4.87*@4.88
4.87#@4.88
,4.85*@4.86
•
,.4.82#@4.S7
The
io
days.
4.87#@4.88*
4.87#@4.8S#
.4.85*@t.86
4.88
@4.85#
@4.85#
3
May 17. .4.85*@4.86
S.
.4.85*@4.86*
.4 85# @4.36
83#
1
36* x35# x36#
16*
60 days.
.4.86*@4. 87
M-y
147#
28
50
36“
35#
16K
16*
23
3»K
102# ;io2#
MAT, 1878.
11#
•.
155*
IK
115
-■
principal features.
Aggregate of debt bearing interest in coin
21
22
80*
.....
100# 100*
10C#
100*
J(K>#
100#
100#
.
27#
98
68*
79#
115
32
97*
15#
84#
ICO*
100*
100# 100*
100* 100#
7 100*
Wednesday.. 8 100*
9 100*
Thursday.
.10 100*
Friday
Saturday ... .11 ICO#
.12
Sunday
Monday ..i.. .13 loo*
Tuesday... .14 no#
Wednesday.. .15 100#
4#
56#
61#
15#
118
90
98
22*
79#
115
bl
2
o
28
81
160#
15
62
15
EXCHANGE.
a
1-1
£
1
105#
69*
...'.
....
do
<u
O)
<x>
57#
112*
120*
14#
26"
AND
to
Date.
-53#
80#
53#
120#
69#
22#
•
GOUBSB OF GOLD IN
1G1
105
77#
67#
14#
20#
•
15
*78# x73*
demand bills declined from
4*89^ to 4#86. The absence
of any demand from importers of
bonds and the large
Miscellaneous.
Pacific Mail
American District Tel
Atlantic & Pacific Tel...
•
15
77
Foreign exchange was drooping, and the nominal
prime drawers fell off from 4*87 for sixty days’
sterling at the opening to 4*8at the close, while
25#
66#
2#
84#
72#
20#
is#
Warren
101#
2#
123
69
Union Pacific
107#
32#
77#
4#
30
10#
Michigan Central
76
75#
29
15#
72
99#
•
15
77
115
bankers' sterling exchange for mat, 1878.
April.-
30
16
?«*
rates of
RANGE OP STOCKS IN APRIL AND MAT.
■
14*
72#
....'
was
Railroad Stocks. Open. High. Low.
16
77*
exports of produce were the
MISCELLANEOUS STOCKS.
decidedly strong, and, with
exceptional fluctuations, the tide was all in the
direction of higher prices. The enormous grain move¬
ment and continued increase in railroad
earnings at the
West, together with the prospect of a large business
after the harvest of 187
should the crop yield even
fairly, were the principal reasons alleged by the bulls in
stocks as forming the basis for a higher standard of
prices. The coal combination also worked harmoniously,
with higher prices for anthracite, and the market was
not subject to any depressing
influence from that quar¬
ter.
The success of the New Jersey Central
reorganiza¬
was
15#
73*
Under the influence of the large sales of Government
bonds and the withdrawal of gold into the
Treasury, the
premium advanced to 101£ and closed at 101.
some
tion scheme
May.
Open. High. Low. Clos,
52#
56
56# 51*
,
S.
1-16
109*
105#
5-16 109 >4 109
107* 105*
5-lo 109* 109* 107* 105*
7-16 1« 9* ‘09# 107* 105#
9-16 10 •* 109 Vi 107* 105#’
13-16 109
107* 106* 104*
Closing
9 9
54#
,
GOLD
105#
10J* 107# 105*
109*
Del. & Had. Canal..
Canton
Pullman Palace
Union Trust
104*
105#
••••«••.
97
97
April.— ■■ ■ —
Low.- Clos.
57#
51*
Open. High.
105
9-16
.
The stoek market
109
96*
109
96*
94 7-16 109
96 11-16 10*#
96 11-16 109#
96 9-16 109*
97
104#
104#
RAILROAD AND
20
21
22
23
24
25
26
27
28
29
30
IS
105#
105*
105*
.
97
97
31 97
Open. . 94
Highest 97 9-16 109* 109* 107*
Lowest 94 13-16 108* 107# 106
<«
.....
.
96
96
9*1
19
Date.
104*
104*
104*
108# 107* 106*
108* 107# 106*
1-16 108# 107# 106*
96#
lt-8* l<ta • 106*
109
96*
108# 106*
18 96 7-16 109
108* 106*
II
*
Consols U.S.
for
5-2 \ 10-40 5s of New
1831. 4#s.
Money. 1867.
16
84
102*
49
47#
91#
3s, Navy pension, Act July 23,’68, Int. appl’d only to
Debt
on
Principal.
Interest
pens’ns!!$14,000,000|$175,000
Which Interest Has Ceased Since Maturity.
*
There is a total amount of over-due debt
yet outstanding, which has never
presented for payment, of $6,143,500 principal and $349,368 interest. Of
ttus amount, $5,392,800 are on the “ called” five-twenties.
been
THE CHRONICLE,
564
Debt Bearing: no Interest.
Authorizing
Character of Issue.
Old demand notes....
^Legal-tender notes...
j
deposit..
Fractional currency..
-j
Coin certificates
Silver certificates
Feb.
25, ’62
July 11, ’62Mar. 3, ’63
June
8, ’72.
July 17, *62
Mar.
3, ’63June 30, ’64
Mar.
3. ’63.
Feb. 23. ’78.
Aearesrate of debt bearing
Unclaimed interest
Prior to 1869.
Series of 1869
Series of 1874
Series of 1875
Series of 1878
$19,42^,397
•••••»••
-
Certificates of
Amount.
July 17,’61
Feb. 12,’62
-j
f^touriimj! ©mmuctxiaX
Issues.
Acts.
Total.
$62,297
•
tfiXCHANGB AT LONDON—
MAY 25.
38,300,632
35,105,000
4,235,151
3,111,907
3,015,486
4,03 4,8 >9
2,208,294
TIMS.
Paris
Paris
Berlin
EXCHANGE ON LONDON.
Frankfort
16,65^,698
52,481.600
,
6*
20.56
(6
20.55
25.85
....
6*
Antwerp
©20.60
©20.60
©25.40
short.
l2.23i@l2.8H
Vienna........ 3 months. 12.52# @12.3?#
li
Amsterdam..
342,040
.
27.92H@27.97H
Genoa
$451,930,652
44
Naples
7,267
....
DATE.
RATE.
short.
25.12)4@25.22#
i months. 25.30 ©25.35
4*
20.56 ©20.60
Elambnrg
interest
no
ON—
346,681,016
2,498,400
Third
Fourth
L Fifth
44
.
...
Amount
Debt bearing Interest
Bonds at 6 per cent
Bonds at 5 per cent
Bonds at 4)4 per cent
Bonds at 4 per cent
Total debt
Debt
Interest.
Outstanding.
,
in
Coin—
Interest
$1,768,735,650
Navy pension fund at 3 per cent
on which Int. has‘ceased since Maturity.
bearing no Interest—
Old demand and legal tender notes
Certificates of deposit
Fractional currency
Certificates of gold deposited
...
Alexandria....
175,000
349,368
$2,240 809,802
$81,335,417
Total debt, principal and interest, to date, Including interest due
presented for payment
2,272,145,220
Treasury—
Coin
189,708,0 1
Currency
Currency held for the redemption of fractional currency
Special deposit held for redemption of certificates of deposit
as provided by law
Total
3,094,748
10,003,000
35,705,000
$>38,507,769
Debt, less amount in the Treasury, June 1, 1878
Debt, less amount in the Treasury,’ May 1, 1878
2,033,637,450
2,036,707,648
Decrease of debt during the past month
Decrease of debt since June 30,1877
$3,070,198
26,520,772
Bonds Issued to tbe Pacific Railroad
Companies, Interest
Payable In Lawlnl Money.
Interest
Interest Balance of
paid by
repaid by Int. paid
United St’s tr’nsp’t’n.
by U. S.
Amount
Outstand’g.
$25,885,120 $14,910,465 $2,328,303 $12,582,161
6,303,000
4,049,343 1,532,497
2,516,845
27,236,512 15,969,801 5,443,749 10,526,051
1,600,000
1,021,808
67,493
954,309
1,170,560
1,017,964
9,367
1,008,597
1,628,320
926,951
71,160
855,791
..
$64,623,5121
Total
$37,896,334 $9,452,517 $28,443,757
The Pacifle Railroad bonds are all issued under the acts of
July 1,1862, and
July 2, 1864; they are registered bonds in the denominations of $1,000, *5,000
ana $10,000; bear 6 per cent interest in currency, payable January 1 and July 1,
and mature 30 years from their date.
The following is a comparison
June 1, 1877, and June 1,1878:
of the condition of the Treasury
Balances.
1877.
Currency
.'
Special fund for the redemption of fractional
cun-ency
Special deposit of legal tenders for redemp¬
tion of certificates of deposit
Coin
Coin and silver certificates
Coin, less coin and silver certificates
.......
Outstanding called bonds
Other
outstanding coin liabilities
Outstanding legal tenders
Outstanding fractional currency
Outstanding silver coin
Total debt, less cash In Treasury
Reduction of debt for May
Reduction of debt since July 1
Market value of gold
Imports (14 months ending April 80)
Exports (13 months ending April 30)
*
This reduction includes
18:8.
$4,515,515 47
$3,094,748 47
7,7i2,271 00
10,000, COO 00
46,510,000 00
108,137,083
45,407,500
62,729,583
14,105,400
8,008,670
360.412,530
21,206,980
32,773,7 <4
2,063,877,842
88
00
38
00
82
00
23
05
87
6,931,274 83
*36,062,002 62
33,705,070 00
189,708,021 10
52
823,640 00
136,884,381 10
5
893,800 00
5,019,844 41
346,681,016 00
16.658.698 58
83,954.118 34
2,033,637,450 64
3,070.198 03
2 ,520,774 62
106 87
101 12
429.854,963 00
458,7.1.836 00
681,143,525 00
602 937,341 00
$9,558,800 Geneva award bonds canceled.
—Messrs. Drexel,
Morgan & Co. and Winslow, Lanier & Co.
are
offering the first mortgage, 40-vear, 7 per cent bonds of the
Pel. & Hudson Canal Company. These bonds are secured by a
first and only lien on the property of
the Company in Pennsylva¬
nia, including the canal, railroads, mines, coal and other lands,
rolling stock, leases, &c. The price is placed at par, and it is
understood that Messrs. Drexel, Morgan & Co. negotiated lor
the bonds some time ago when everything was
depressed, and are,
therefore, able to offer them now at this price.
The bonds of the Dakota Southern Railroad Company, which
have been offered in our market by Messrs. Walston H. Brown &
Brother, have all been successfully placed. The original issue
of these bonds was $600,000, of which $42,000 had been canceled
by the sinking fund; the remainder, $558,000, sold by this firm,
the rate of only $9,000 per mile of road. The
company
has fully extinguished its floating debt, and the increasing net
earnings are at the present writing over 50 per cent in excess of
the amount required to pay the interest on its bonded debt.
are at
we
•
•
•
•
.
,
,
•
•
•
••••••
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
*
••
25.15
short
•
.
,
,
24.
24.
3
24.
24.
24.
24.
24.
short.
3 mos.
short.
121.10
May 20.
3 mos.
48. so
May
May
May
May
May
May
May
•
•
•
mos.
44
at
•
•
.
20.42
20.42
20.42
25.17#
46
•
12.12
•
•
•
•
3 mos.
May 20.
May 24. 60 days.
Apr. 24. 90 days.
Apr. 28/
Apr. 15.
46
Apr. 12.
"May 22. 6 mos.
May 22.
46
May 23.
66
May 20.
•;r.6o
23 19-22
4.65#
23tf.
23d.
*4
64
44
May 22.
approach the
3
mos.
49# @49#
sol.
la.6#d.
la. 8#d.
8a. li#d.
5a. 6#d.
97#
27d. per
r
Bummer
months, the
money
market
easier appearance;
and the present indications are
that the directors of the Bank of England will not be able to
maintain their present minimum of 3 per cent. The renewed
ease of the market is due, not so much to an actual increase of
capital, as to a. constant diminution in the demand for loans and
discount accommodation. The increase in the supply of capital
is thus more relative than actual, and, consequently, should there
be an improvement in our trade—at the present time, Unfortu¬
nately, very doubtful—the effect would be more speedy than if
money was accumulating rapidly on the London market.
The
supply of mercantile paper is now steadily, if not rapidly, dimin*
ishing, and it is certainly the fact that the commercial prospect
is very unpromising.
Financial enterprise also shows no indica¬
tions of revival, and should there be no resuscitation of the
export demand for gold, there seems to be nothing calculated to
prevent a downward movement in the value of money. The
question of reducing the rates of interest allowed for deposits
has been under discussion, and an announcement has been made
by the discount houses to-day, reducing the rate to the extent of
£ per cent. The directors of the Bank will not be long in
making a change, unless Count SchouvalofTs journey to St.
Petersburg has been attended by so happy a result that all
apprehensions of war are removed. The belief is that the
mission has, to a certain extent, been successful, but the fear is
that the necessity for protracted negotiations at a Congress exists,
and whilst they are in progress the pnblie mind is certain to be
sufficiently agitated to prevent that improvement in trade which
is so much to be desired. As regards the harvest, the prospect is
still satisfactory. There has been a much lower temperature
during the week, and the weather has been unsettled. Should
J une, however, be a fine month, we shall secure a large crop of
.grass, and in due course there will be an abundant yield of roots.
The wheat crop will also be a fair one; but the impression is that,
owing to the late rains, it will not be so abundant as had been
anticipated. The summer may, nevertheless, be dry, and, if so,
there will be an abundant yield of most descriptions of agricul¬
tural produce. Should this be the case, it .is to be hoped that if
one effect .be to produce ease in the money market, another will
be to give some stimulus to trade. The following are the presen *
quotations for money :
assumes an
7,267
Central Pacific
Kansas Pacific
\
Union Pacific
i
Central Branch, Union Pacific..
Western Paciflc...'
Sioux City and Paciflc
•
•
-
London, Saturday, May 25,1878.
As
$451,930,652
Character of Issue.
•
•
•
RATE.
TIME.
LFrom our own correspondent.]
52,823,640
Total
in the
•
85,705,000
16,658,698
Unclaimed interest
Amount
•
$346,743,313
„
Total debt bearing no interest
not
Hong Kong...
Shanghai..
$30,803,732
14,000,000
6,143,500
Debt
Debt
•
*
91,850,000
Lawful Money—
•
• •
703,266,650
235,000,000
in
•
•
$733,619,003
hearing interest in coin
bearing
....
May 24/
27.92H@27.97H
Madrid.....
47#@47#
44
Cadiz
47#@48
90 days.
Lisbon
5t#@51#
8t. Petersburg. 3 months.
*3#@23#
New York
Rio de Janeiro.
Pernambuco...
Buenos Ayres.
Lima
60 days. 1a.8 #d.$ r’pee
Bombay
1*.
Calcutta
r’pee
Recapitulation.
■
foetus
LATEST
137,111,155
First
'
RITES OP G\CR4N«E AX LONDON AND ON LONDON
AT LATRST DATES.
148,932,432
Second
I VOL. XXVI.
Fer cent. l
3
I
Bank rate
Open-market rates;
30 and 60days* bills
I
2 @2#
2
3 months* bills
©2#!
The rates of interest allowed
discount houses for
Open-market rates:
4 months* bank bills.
Fer cent.
2#@2#
6 months* bank bills
2#@2#
4 and 6 months* trade bills. 2#@3
by the joint-stock banks and
deposit^ are subjoined
:
Per ct.
Joint-stockbanks
Discount houses at call......
Discount houses with 7 days* notice
Discount houses with 14 days* notice
I#
1.
1#
IX
IX
showing the present position of the
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’s Mule twist, fair second quality, and
the Bankers' Clearing House return, compared with the four
previous years:
Annexed is
Bank of
a
statement
Circulation—including
bills
1876.
£
1877.
£
1878.
£
27,670,753
28.353,781
27,757,136
1875.
£
1574.
bank post
565
THE CHRONICLE.
1878 ]
Juke 8,
£
26.132,033
27,194,204
Redm.
Galveston A Harrisburg, 1st mortgage, 6s.,... 1911
Illinois Central, $100 shares
Do
Bonds. 1st mort. Chic. A Springf..
May 18.
May 25.
81 @ 84
82 © 84
77 %@ 78%
83#© 84#
102 @104
-103 @105
96 @ 98
97 @ 99
7,023,993 6,535,557 7,638,307 6,415,539 6,250,787
Valley, consolidated mortgage, 6s
1923
Other deposits.'.
17.993,472 19,436,559 20,614,682 22,167,827 21,486,501 Lehigh
Marietta A Cincinnati Railway, 7s
1891
....@
,@
Government securities. 13,905,461 13,588,116 14,545,365 15,364,904 15,556,488 Missouri Kansas A
Texas, 1st mort., guar, gold
Other securities..
13,200,419 19,055,334 16,960,746 19,347,895 19,893,270
bonds,English, 7s
...19C4 43 @ 45
45 @47
Reserve of notes and
coin.....»•••••■••.
10,989,440 10,314,372 14,712,432 11,789,442 10,739,617 New York Central A Hudson River mortg. bonds.7 I21%@122# 121 #@122#
public deposits
....
•«
Coin and bullion
both departments
New York Central $100
in
21,769,235 22,196,642 27,095,222 24,651,497 23,209,792
...
Proportion tf reserve
334 P* c.
93#
-
3#
3 p. c.
2% p. c.
95#
p. c.
94*
38-42
3 p. c.
40*83
51*55
liabilities
to
Bank-rate
Consols
96#
91*
52e. Id.
44a. lid.
68s. 9d.
42s. Od.
English wheat,av. price 62s. 2d.
6#d.
6#d.
5*d.
7*d.
Mia. Upland cotton...
8%d.
No. 40’s mule twist,fair
«#<L
9%d.
ll*d.
2d quality
Is. l#d. 1«. Otfd.
Clearing House return. 83,795,000 91,297,003 84,779, tCO 84,037,000 106,120,000
The demand for gold for export has been upon a very moderate
No imports of bar gold are reported, but sovereigns are
arriving from Egypt and other places and these are sent into the
Bank. Silver, owing to the fact that there is no Indian demand,
remains dull, and prices have further declined. The Eastern
demand for the means of remittance is met by the Council drafts.
Mexican dollars are cheaper. The following are the present
scale.
quotations for bullion :
..per oz.
per oz;
1
Spanish Doubloons
standard.
standard.
per oz.,
South American Doubloons
United States Gold Coin
German gold
© 74 9
©
©
nominal.
coin
per oz.
per oz.
....
....
3#@
..peroz.
per oz.
per oz.
d.
Gold
standard, nearest. 53#
standard, nearest. 53%
Mexican Dollars
Five Franc Pieces
per cz.
nearest.
@
Quicksilver, £7 0s. Od.
—
@
©
©
52#
peroz
. -..
....
Discount, 3 per cent.
£400,000 in India Council bills continue to be offered at the
England. The rate obtained last Wednesday was Is. 8|d.,
at which price large allotments were made.
Annexed are the current rates of discount at the principal
foreign markets :
Bank of
v
Bank
Open
rate,
mark’t.
p. c.
1#
p. c.
2
Pans
Bank Open
rate, mark1 L
I
|
p. c.
I Vienna and Trieste...
4*
3# 3#©3# I Madrid,Cadiz and BarI celona
I Lisbon and Oporto..
4
4
I St. Petersburg
Amsterdam
Berlin
Hamburg
Frankfort
Genoa
5
Geneva
3%
-
Copenhagen
p. c.
3#@4
6©7
6©7
4#@4*
435%
New York
Calcutta
4
Leipzig
4#@5
4#@5
Brussels
The stock markets have been
buoyant during the week, the
prominent feature being a demand for Egyptian Government
securities, which have experienced a marked improvement in
price. To-day, however, there has been less buoyancy, and the
quotations are weaker. The American market has been firm
and prices have had an upward tendency.
Annexed are the closing prices of Consols and the principal
American securities, compared with those of last week:
the
Redm.
Consols
1881
United States
Do
5-20
1885
U. S. 1867, 6s
Do funded, 5s
Do 10-40, 5s
Do funded, 4#s,
1887
1881
.....1904
issued at 103#
Louisiana Levee, 8s
Do
May 18.
96%©96#
109 @110
105 ©106
108#@109
106#@107
107# @1(8#
104%@tC5
1875
© 52
© 52
6s
Massachusetts 5s
1838
Do
Do
Do
@108
©108
@110
@110
@110
@110
© 35
© 35
@ 63
1894
1900
1889
1891
5s
5s
5s
Massachusetts 5s
Do
5s
*
/.
1895
Virginia stock 5s
Do
6s
Do
New funded 6s..V
1905
May 25.
96%© 96%
109%©110%
105
@106
106#@109#
107#@107#
:03#@109#
Albany A Susquehanna cons. mort. 7s. Nos.501
to 1,500, inclusive, guar, by Del.&Hud.Canal.. 1906
@ 98
@ 32
© 15
© 7
© 32
@ 15
© 7
@ 27
© 27
@ 85
Atlantic & Great Western 1st M., $1,000, 7s...1902
2d mort, $1,000,7s.* 1902
Do
3d mort., $1,000
1902
Do 1st mort. Trustees1 certificates
Do 2d
do
do
....
Do 3d »do
do
Atlantic Mississippi & Ohio, Con. mort., 7s.... 1905
.
Committee of Bondholders1 ctfs
Baltimore A Potomac (Main Line) 1st mort, 6s. 1911
do
(Tunnel) 1st mortgage. 6s.
(guar, by Pennsylvania & No. CentRailway). 1911
Burl. Cedar Rapids A No. RR. of Iowa, 1st mort..
Central of New Jersey ehares
Central of New Jersey, cons. mort.. 7s
1899
Do
funded, coup, from April
to July 1,1879, inclusive
Central Pacific of California, 1st mort., 6s
ex
DoCalifor.&Oregon
Do
Land grant bonds
Erie $100 shares
Do reconstruction trustees1
,.
.
do
do.
Do.
do.
Do.
do.
Baltimore A Ohio, 6s
Do
6s
6s
Do.
*
Do.
6s, 1877
Cairo A Vincennes, 7s
@110
108
@110
103 ©110
108 @110
28 © 32
24 © 28
59 @.61
97
29
11
@ 99
©
@
5%@
80 @
12 ©
6 ©
22 ©
22 ©
83
31
13
6#
32
14
7
27
27
@ 85
© 71
@110
@ 96
© 95
@ 95
@101
© 45
w 45
@
35
35
© 45
@ 45
12#@ 13
16 © 18
16 @ 17
31 © 33
34 © 36
33 @ 85
16
16
30
83
82
87
68
w
21 %
84
© 68
22* © 23#
81 @ 83
© 72
1P8%@109#
“ ©
- 94
@ 90
© 94
1875
1875
...
assessm’t, $5 paid..
do
$4 paid...
~
...
60 %@ 61%
@101
103 @105
104 @106
105 ©:07
ICS @110
104 @106
93%@ 94%
....©
39
17
26
S6
106
106
104
89
26
106
1895
.1902
1910
1927
1909
Chicago A Alton sterling consol, mort, 6s. —1903
Chicago A Paducah 1st mort. gold bonds, 7s...1902
'
Cleveland, Columbus, Cin. A Ind. con. mort...1913
Eastern Railway of Massachusetts, 6s
1906
Erie convertible bonds, 6s
1875
Do. 1st cons, mort., 7s....
1920
Do. ex recons, trustees1 cerificates of 6 coup
Do. with reconstruction trustees1 certificates of 6
coupons
*
1894
Do. 2d consol, mort, 7s
Do. reconstruction trustees1 certificates, 7s
Illinois A St Louis Bridge 1st mort., 7s
Do.
do.
2d mort., 7s
Illinois Central, sinking fund, 5s
Do.
6s
Do.
96 @97
f4 @ 15
105 @107
1C8 @110
1895
1905
Lehigh Valley consol, mort., 6s, “A11
Louisville A Nashville, 6s
1902
Memphis & Ohio 1st mort. 7s
1901
Milwaukee & St. Paul. 1st mort 7s
1902
New York A Canada R’way, guar, by the Dela¬
ware A Hudson Canal, 6s
1904
N. Y. Central & Hudson River mort. hds., 6s.. 1903
Northern Central Railway consol, mort., 6s
1904
Panama general mortgage,
Paris A Decatur
1897
7s—
1892
.1910
Pennsylvania general mort. 6s
Do.
consol, sink’g fund mort 6s
1905
Perkiomen con. mort. (June ’73) guar, by Phil.
& Reading, 6s
1913
Phil. & Erie 1st mort. (guar, by Penn.RR.) 6s. .1881
Do.
with option to he paid in Phil., 6s ...
Phil. A Erie gen. mort(guar. by Penn. RR.)6s.l920
Phil. & Reading general consol, mort 6s
Do.
imp. mort., 6s
Do.
gen. mort, 1874, 6’s
Do.
Scrip for the 6 deferred # c^up
1911
1897
......
Pittsburgh & Connellsville Con. Mort. Scrip,
guar, by Baltimore A Ohio RR. Co.. 6s
South A North Alabama bonds, 6s.... •
St Louis Tunnel 1st mort. (guar, by the Hlinois
A St. Louis Bridge Co.) 9s
1888
Union Pacific Railway, Omaha Bridge, 8s.. .. .1896
United New Jersey Railway and Canal, 6s
1894
Do.
do.
1901
do.
do.
6s
The strike
in
Lancashire
continues.
41
£0
30
30
@108
@108
@106
@ 90
@ 30
@108
©
89 © 91
72 © 76
110 @112
@
@
@
@
.*.. .©
40
17
....
© 42
© 20
28
26
107
106
104
© 30
© 30
@109
@108
@106
89#@ 90#
26 © 30
107#@106%
....
90
72
110
103
(@ ....
@ 92
@ 76
104
65
@106
© 87
@112
@105
83 © 85
92
@ 94
93
62
@ 63
© 87
@ 42
82
38
93
107
99
1903
1891
....
94#@ 95#
© 95
....©
...
1900
5s
Illinois Missouri A Texas 1st mortgage
.
@100
@109
@101
©....
...
102
92
105
105
@104
@ 94
@107
©107
© 90
@115
© S7
@109
@ 80
@108
95#@ 96#
8S
114
85
107
20
107
,.*©
99
....
@101
99
@101
85
ICO
85
58
76
© 87
@102
© 87
© 60
© 73
95
91
© 97
© 93
....
(@....
60 %@ 61#
82 © 87
38 @ 42
98 @100
107 ©109
99 @101
....©
....
102
@104
92 © 94
105 @107
107
@109
88 © 90
114%@115#
86 © 88
107
20
@109
@ 30
108
@109
96#@ 97#
@
@101
@101
87 © 89
100 @102
85 © 87
58 © 60
76 © 78
....
..
.
99
99
95
91
...
© 97
© 93
....
©109
108 @110
@109
107 @109
@110
108 @110
In order to test the
107
107
103
feeling of the operators, it was agreed that there should be a
ballot on Mr. Alderman Pickop’s proposal that the men should
return to work on the masters* terms,
The remaining 882 were
106
103
29#@ 80#
102 @103
y5 @ 96
13#@ 14#
do.
1873,7s. 1903
Western exten., 8s
1876
do. 7s, guar, by Erie R’y.
these
69
109
94
93
93
99
70
Do reconstruction trustees1 assessm’fc, $3 Daid...
P°
do
$2 paid...
Do convertible gold bonds, 7s
1904
Do reconstruction trustees1
certificates, 7s
7.
Do
@108
@108
© 52
107 @109
35 @ 40
30 @82
AMERICAN STERLING BONDS.
© 52
@ S7
1890
,2d mortgage, 8s
preference, 7s..
1S05
Allegheny Valiev, guar, by Penn. R’y Co
1910
Atlantic A Gt. Western consol, mort., Bischoff.
certs, (a), 7s
1892
Atlantic A Gt. W. Re-organization 7s
1874
Atlantic A Gt.W., leased lines rental trust 7s.1902
106
1, 1817,
1896
Div.letmort.gld.bds,6s. 1892
DeL A Hud. Can. 7s.....
*
Detroit A Milwaukee 1st mortgage, 7s
Do
mort. 6s
Pittsburg Fort Wayne A Chicago equipment '
bonds (gnar. by Pennsylvania R. R. Co.), 8s
Union Pacific Land Grant 1st mort, 7s
1889
Union Pacific Railway, 1st mortgage, 6’s
1898
@105#
85
66
©
@
I43,
20#@
82 @
„„
Chicago Burl. A Quincy sinking fund bonds
"°
28 @29
1880
Philadelphia & Reading $50 shares
1C5
42
42
AMERICAN DOLLAR BONDS AND SHARES.
do
1st mort., 6s....
consol, sina’g fund
...
SILVER.
Bar Silver, fine
Bar Silver, con’ng 5 grs.
Do.
Do.
-
d.
s.
GOLD.
Gold, fine
Gold, reflnable
Bar
Bar
107 @109
33 @ 38
23 @41
shares
Oregon & California, 1st mort, 7s
1890
do
Frankfort Commit’e Receipts, x coup.
Pennsylvania, $50 shares
and full time.
viz., ten per cent reduction
The number of votes recorded was 14,817; and of
against the proposal submitted.
in favor of resuming work temporarily
at the ten per cent reduction.
The Manchester Guardian of to-day has also the following
with regard to the strike and lock-out in the cotton trade :
In consequence of the result of the ballot taken on Thurs¬
day, the meeting of the Central Committee of the Employed
Association, which was to have been held yesterday, was indefi¬
nitely postponed. It yet remains to be seen whether Mr.
Alderman Pickop’s mediation is absolutely to fall through; but
it is asserted on the part of the employers that every outside
effort to bring the parties to terms only renders a settlement
It is widely, bat erroneously, believed among the
more difficult.
operatives that Mr. Pickop’s action has been stimulated by the
employers ; and it is said that this feeling should be taken into
account in estimating the importance of Thursday’s ballot.
The
employers are quite resolved not to trouble themselves further in
the matter until some application is made to them by the opera¬
tives, or, in other words, until their terms are accepted. They
feel that there is something more than a trade dispute now rest¬
ing on the>r shoulders, and that it would be a sacrificing of the
public interest, if they made concessions in the present state of
feeling in the district. It follows by the postponement of the
meeting of the Central Committee that the appeal made by the
spinners of Preston for the re-opening of the mills in that town
no
fewer than 13,935 were
remains nnconsidered.
The
journal also says :
Liverpool we learn that orders have been received there
to purchase and ship American cotton for consumption in the
© 32
@ 35
mills of Bombay.
It is intended with this material to com¬
© 34
mence the manufacture of shirtings and other medium classes
....©
58#© 59# of cloth in India. This cotton will pass into India duty free,
»*© 13#
© 18
© 17 -
...
same
From
566
THE CHRONICLE.
whilst the goods made from the same kind of cotton in this
■country will pay an import duty of 5 per cent.
Some
important failures
taking place throughout the
-country, and the woolen trade of Yorkshire is now suffering
heavily. The Bradfoi'd Observer has announced the suspension
of Mr. Matthew Mirfield, of that towD.
It observes that it has
are now
Bat.
Mon.
Consols for money.. 97 11-16 x96 5-16
“
account.. 97 11-16 x96 7-16
(J.8.6S (5-20s) 1867.... 109*
0.8.10-408
109*
5s of 1881
..107*
New 4*s
105*
surprise and consternation in the wool trade.
It is probably not too much to say that the amounts owing to
Bradford traders under this failure are greater than under any
previous failure in the history of th? trade, and the circumstances
under which it has occurred, and the suddenness with which it
has become known, have contributed to the
startling effect it
has produced. Mr. Mirfield’a business was that of a top maker,
Toes.
Wed.
96 5-18 95 15-16
96 5-16 96 1-16
109*
109*
109*
107*
105*
107*
105*
109*
Mon.
d
25 0
8 10
Bat.
d.
Mbbl 26 0
s.
Flour (extra 8iate)
Vheat (R. W. spring), jp
14
ctl
8 10
(Red winter)
44
(Av. CaL white).. 44
“
(C. White club)... “
Corn (new W. mix.) y) qnar.
Peas (Canadian) V Quarter.
10 10
“
10
10
6
9
23
9
35
0
s.
26
8
10
10
10
23
35
10 10
10 6
10 9
2) 3
35 0
Liverpool Provisions Market.—
top maker pure and simple we believe his was the
Sat.
Mon.
s..d.
8. d.
largest business in the trade. Few men, if indeed any, were deef
(prime mess) f) tc.
77 6
77 0
larger buyers of wool in the Bradford market. The firm was an Pork ( W’t. mess),... y* bbl 42 6
42 6
Bacon (Pg cl. in.)
24 6
yt c wi' 24 0
old one, and for many years had been
prosperously and honorably Lard (American).... 44
34 9
34 9
49 6
48 0
conducted; consequently, Mr. Mirfield was in the very best credit, Cheese (Am. fine) new 44
and up to the moment of his suspension might have
Liverpool
Produce
Market.operated
sat.
Mon.
largely without causing any misgiving. No breath of rumor had
s. d.
s. d.
Rosin
diminished the general feeling of trust in his commercial stability
(common)... $ cwt..
4 9
4 9
(fine)
10 0
41
10 0
up to the afternoon of Tuesday; and, indeed, even now, some of Petroleum(reflned).... 9 ea!
9*
9*
and
as
a
his creditors believe that
ultimate loss will result to them.
no
The liabilities have not, of course, been ascertained, and we can
get no authentic information on this point; but from the best
surmises that we can gather it may be safely predicted that
they
will not fall short of £150,000. This calculation includes direct
liabilities only and not bills receivable, of which we have no
knowledge.
The weather has been wet and unsettled and rather cold.
Scottish hills have been covered with snow and it is how
The
thought
ample supply of rain. The agricultural
prospect ie, nevertheless, regarded as encouraging, especially as
regards roots and grasses. Fruit and hops also promise well.
The trade for wheat during the week has been dull, and
former
prices have been with difficulty supported. British farmers are
still realizing on the remainder of last
year’s crop freely; but the
chief cause of weakness is the active export movement from the
United State3. Should the next two months be
fine, and should
the Congress which now seems likely lead to
peace, the present
price of wheat will certainly not be maintained.
The weekly deliveries of home
grown wheat still show an
increase compared with last year, the total sales in the 150
prin¬
cipal markets of England and Wales, during the week ended May
18, having amounted to 41,222 quarters, against 37,196 quarters
last year. In the whole kingdom it is
computed that they were
165,000 quarters, against 148,800 quarters. Since harvest the
deliveries in the 150 principal markets have been
1,591,142
quarters, against 1,712,449 quarters; and it is#estimated that in the
whole Kingdom they were 6,364,600
quarters, against 6,848,000
quarters in the corresponding period of last season. Without
reckoning the supplies furnished ex-granary, it is computed that
the following quantities of wheat and flour have been
placed upon
that
have had
we
1
(spirits)
”
Tallow(primeCity)..
Soirits turpentine
Cloverseed (Amer, red)
40
Tnes.
d.
Imports of wheat
Imports of flour
Sales of home-grown produce
Total
Result
Aver, price of Eng. wheat for
.
41,2o9,*5«8
1876-7.
cvsrt*
1875-6.
.
1874-5
cwt
23,259,46 5 39,229,939
6,400,123
4,780,472
4,801,959
27,580,u00 29,673.000 29,521,000
.75,239,711
Exports of wheat and flour.
23,541,281
5.143,996
39,559,100
1,423,175
62,; 12,937
737,011
73,552,993
392,595
73,241,377
219,392
73,816,536
61,975,923
51s. 3d.
73,160,403
50s. lid.
45s.-5d.
73,224,987
season
43s. 9a.
following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the 1st of September to the close of last
week, compared
with the corresponding period in the three
previous years:
IMPOBTS.
cwt.
Barley
Oats
Peas
Beaus
Indian Corn..
flour
1877-8.
1876-7.
1875-6.
41,259,688
10,304,152
8,088,952
1,297,621
1874-5.
28,259,465
10,462,591
7,067,162
28,541,2S1
10,857,627
2,482,953
23,134.834
6,400,123
3,371,823
24.007,269
39,229,939
6,832,53?
8,003,441
1,097,385
Oats....
Flour....
9
6
0
37
23
40
Tnux.
d.
9
0
s.
9
0
4
10
9*
37
23
6
0
23
40
Fri.
d.
s.
4
9
0
10
9*
7
6
s.
77
42
3
0
0
'7
Sugar (No. 12 D’ch std)
on spot, ft cwt
23 6
Sperm oil
ft tun..71 0 0
71
Whale oil
44 .£5 0
Linseed oil....ft ton .26 10
35 0 0
26 10 0
9
6
0
37
6
6
0
23
40
?*
87
23
40
6
*
.
0
0
23 6
0 0
23
0
35 0
26 10
71
Wed.
£ b. d.
Thar.
8. d.
90 0
48 0
£
900
48 0
6
23
71 0
35 0
25 10
0
0
0
6
0
0
0
23
0
85 0
26 5
6
0
0
0
71
Fn.
£ s. d.
900
48 0
71
35
26
23
0
0
5
6
0
0
0
©cmimjerctal mud 2**iscellmiemts Hems.
IMPORTS AND Exports for thb Webk.—The imDorts last
week showed a decrease in dry goods and an increase in
merchandise.
general
The
total
963.523
4,780,472
2,691.871
17,0«2,040
4,801,959
1,368,224
701,833
44,122
43.877
67,726
17,0:5
21,741
82,S21
21,506
252,943
29,863
7,449
35,200
17,816
17,171
25,189
185,462
581,130
54,951
85,178
374,779
TORSION IMPORTS AT NEW YORK FOR THE WEEK.
1875.
1,827
42.573
45.580
Thedaily closing quotations in the markets of London and Liver¬
pool for the past week have been reported by cable, as shown in
the following snmm&ry:
London Money and Stock Market.—The bullion in the Bank of
England, has decreased £202,000 daring the week.
1876.
1877.
1878.
$ 1,274,899
4,629,708
$760,209
3,327,459
$923,991
5,416,385
$656,196
4,861,164
Total for the week.
$5,904,607
Previously reported.... 152,937,238
$4,C87,668
133,277,545
$6,310,376
135,612.325
$5,517,360
116,962,669
$137,365,213
$141,952,701
$122,500,029
Dry goods
General merchandise...
Since Jan. 1
In
our
of
$158,841,895
report of the dry goods trade will be found the imports
dry goods for one week later.
following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports for the week
ending
The
June 4-
EXPORTS FROM NSW YORK FOB THE WEEK.
1875
For the week
1876
$4,26*3,064
$5,224,430
96,744,561
95,302.332
1877
1878
$6,251,533
106,699,601
$5,139,552
140,367,966
Since Jan. 1
$99,570,396 $101,968,991
*112,931.134
$145,507,518
The following will show the exports of specie from the port of
New York for the week ending June 1, 1878, and also a com¬
parison of the total since Jan. 1, 1878, with the corresponding
totals for several previous years:
May 29—Str. Acapulco
AepinwaM
June 1—Str. Britannic
Liverpool
Amtr. gold coin..
Amer. silver bars.
$5,000
11,COO
Mex. silver coin..
Jane 1—Str. Mosel
Mex. silver coin..
31,551
123.172
Mex. silver bars..
9C0
Southampton
Total for the week ($166,623 silver, and $5,000 gold)
Previously reported ($2,879,695 silver, and $4,938,755 gold)
Total since Jan. 1. 1878
Same time In—
1877
1876
1875
1874
1872.
17,373
$5,517,360, against
were
f4,260,532 the preceding week and f3,931,806 two weeks pre-,
The exports for the week ended June 4 amounted to
$5,139,552, against $6,665,896 last week and $7,069,472 the pre¬
vious week. The following are the imports at New York tor
week ending (for dry goods) May 30 and for theweek
ending
(for general merchandise) May 31:
1,255,676
1,986,745
11,279,337
5,143,996
173,812
184,697
53,193
imports
vious.
1873
Bnxllsh iVarkel Reports—Per Cable.
4
10
Tnes.
Mon.
£. b. d. £ b. d.
900
9 0 0
43 0
43 0
Sat.
6,211,622
EXPORTS.
cwt.
Barley
9
0
Fr. •
d.
77 0
42 6
26 0
35 6
47 6
d.
0
6
25 6
35 3
47 0
s.
0
6
s.
4
10
£ s. d.
[Jns’dc’ke(obl).tf tc. 9 0 0
Linseed (Cal.) $ quar.
48 6
,
The
Peas
Beans
Indian Corn
Thnr.
Wed.
d.
s.
37
40
23
85
26 0
8 10
10 io
10 5
10 8
23 3
35 0
London Produce and Oil Markets.—
Previously reported....
1877-8.
Wheat
6
0
8
10
10
10
(j
8.
an
the British markets since harvest:
Wheat
7
6
cwt. 37
83
“
26
s.
77
42
25
,35
47
Fri.
d.
0
10
10
5
8
0
0
s.
Wed.
d.
d.
0
6
0
9
0
77
42
25
34
47
“
109*
109*
107*
105*
Thnr.
d.
26 0
8 10
10 10
!0 6
10 9
23 0
35 0
s.
9
0
0
s.
—
96*
109*
109*
107*
105*
Wed.
d.
0
10
10
6
Tnes.
...
Fri.
95 15-16
96 l-;«
report of. cotton.
Tnes.
s.
Thar.
96 1-16
109*
109*
107*
105*
Liverpool Ootton Market.—See special
Liverpool Breadstufts Market.—
oaused the utmost
„
|Tol. XXVI,
The imports of
as follows;
May 27—Brig Tula
been
($3,046,318 silver, and $4,943,755 gold)
I
-
Same
| 1871
25.032,710 11870
35,113.510 11869.,..
23,9:0,16911868
28,305.5771 1867
80,499.900 | 1866
,
dine in—
$15,731,782
May 27—Str. City of Mexico
May 27—Str. Tybee
.
.
7
.
.
,
..Belize..
Vera Crnz
.
same
.
$270
.
...
Foreign gold...
..Amer. silver..
.Amer. silver...
50,721
Port-au-Prince... Amer. stiver..
May 31—Str. Saratoga
May 31 -Str. Bermuda
Havana
.
.
St. Thomas
\
280
83,264
3,553
May 31—Str. Atlas
May 31—Str. City of Merida..... .Vera Crnz
2,435
41,882
Amer. gold....
Amer. silver..
Amer. silver
14,296,493
13,643,598
40,735,306
20,(88,211
37,477,535
periods have
Amer. gold
Porto Plata..
Aspinwal!
$7,990,073
$35,918,429
*
specie at this port during the
May 27—Str. Acapulco
$171,623
7,816,450
Foreign gold..,
gold...'.
1,200
2,716
Amer.
4,360
Amer. silver..
8.928
Foreign ,ilver.
Amer. gold...
Total for the week ($234,811 silver, and $13,794 gold)...
Previously reported ($7,668,839 silver, and$3,674,478 gold)
Total since Jan. 1, 1878 ($7,901,160 silver, and $3,888,272
48,046
460
11,541,317
gold)...$11,789,43*
Jure 8,
1878.]
Same time in—
-
1877
1876
1875
1,748,381
6,371.912
.
1874
1873
1872
2,580.581
709.269
....
18710. . .
1869
1868
1867
follows:
June
“
1
$283,000
3
804,000
$392,820 00
335,510 16
149,050 41
$991,765 39
1,543,186 53
688,722 77
412,701 34
442,910 33
1,078,999 88
853,000
881,000
Total
8.862.650
8.399,931
1,313 626
473,622 97
598,115 23
897,^8 43
Payments.
Gold.
132,475 92
654.S55 77
630,170 97
6,752,154 38
341,029 05
220,399 10
Currency.
$502,691 67
654,567 14
304,336 73
1,543,362 49
434.116 81
749,727 89
$1,696,030 $2,421,215 05 $5,532,953 43 $8,631,085 19 $4,198,802 73
Balance, May 31
Balance, Jnne 7
From the
we
Receipts.
,
Currency.
Gold.
140,000
$8,049,794
6.988,507
Sub-Treasury have been
Customs.
235,000
.
*.
The transactions for the week at the
as
hav6 the
130,418,483 45 38,615,402 32
124,238,613 42 39,999,558 02
U.S. Bonds held as security from Nat. B'ksMarch 31.
April 30.
May 81.
Bonds for circulation deposited
$2,740,900 $3,638,000 $4,235,000
Bonds for circulation withdrawn
3,027,200
2.262,400
2,780.400
Total held for circulation..
346,836,250 347,711.850 349.166,450
Bonds held as security for deposits
18,453,000
18,448,000
Legal Tender Notes.—
Deposited in Treasury under act of June 20,
—
Philadelphia
.
Cincinnati
.
''
.
City & St. Paul.—This company’s statement for the
ending April 30 is as follows :
Freight
$77,925
28,458
Passe ngers
Express, mail, etc
Total
Expenses
9,720
.
..
Netearnings
$33,849
.
Rents received
440
,13,868,000
903,530
412,480
27,000
12,182,962
12,313,537
769,312
11,550,903
1,167,696
34,151,288
35,318,964
35,318,984
347,848,712 346,681,016 346,651,016
Total
Rents, taxes and insurance
Interest aLd sinking land..
$33,789
$12,496
15,086
27,532
Surplus
$6,257
Interest includes
only that paid on equipment bonds and float¬
Compared with 1877, there *8 an increase of $42,928
961,640
1,459,620
2,007,620 in gross, and of $23,515 in net, earnings.
750,617
502,655
1,140,124
The Land Department
reports for the four months sales of
320,161,394 321 709,559 322,555.965
29,509
acres for $160,687, an average of $6 12
1,432,120
1,432,120
1,432,120
per acre. Receipts
were
$83,539 in bonds, $45,409 in notes, and $56,688 in cash.
3,356,000
7,711,000
10,757,000 Tl eie are now $1,885,444 land bonds
outstanding, to offset which
5,045,000
2,9 5,000
5,122,000 the
company has $89,967 in land contract notes and 381,298 acres
386,000
924,000
1,276,000
158,000
167,000
2,894,000
Chicago
Miscellaneous
bonds.”
gage
four months
Treasury balances for three months past:
National Bank Circulation.—
New circulation issued
Circulation retired
Total circulation outstanding—Currency...
Gold
Notes received for redemption from—
New York
Boston
Railroad Company, now
amounting to about $64,000, that would
an inconsiderable snm to be
arranged for. Pending the deter¬
mination of the United States
Supreme Court, the properties of
the company remain in the
possession of A. J. Lane, Esq.,—one
of your trustees, as receiver,—and have
been efficiently operated
and cared for by him.
The receiver, at a recent meeting
of the trustees, stated that the road was in
excellent running
order and well equipped for
business, and further reports
that the earning
capacity of the road has been largely increased
by certain connections, and promises to be yet more enlarged at
no
very distant day. The receiver has during the past six
months paid off all the receiver’s
certificates, principal and inter¬
est, amounting to $54,318, gold. These certificates were issned
in September. 1872, and constituted a
prior lien to the first mort¬
be
Sioux
Comptroller of the Currency, Hon. John Jay Knox,
following statement of the currency movements and
*
1874
Total now on deposit, Including liquidating
banks
Retired under act of January 14, 1875
Total retired under that act to date
Total amount of greenbacks outstanding..
567
*
Same time in—
.
$6,875,876
....
THE CHRONICLE.
747,000
493,000
2,008,000
ing debt.
of land unsold.
—Messrs. Fisk &
Hatch, of 5 Nassau street, have been con¬
for their heavy business in Govern¬
$12,026,000 $15,755,000 $24,077,000
ment bonds.
It may fairly be said that no other
Treasury Movements
prominent firm
of bankers in New York gives such exclusive attention to the
Balance in Treasury—Coin
138,357,606 156,037,236 189,708,021
Now that the sales of
Currency
751,851
1,163 140
per
3.094,748 dealings in Government securities.
cent bonds by th,e Syndicate have
Currency held for receased, and bonds must be
demption of frac¬
purchased through dealers, Messrs. Fisk & Hatch are able to
tional currency...
10,000,000 10,000,000
10,000,000 offer
Coin and silver certificates outstanding
every facility to buyers, both large and small, in this city
57,883,400
55,044,500
52,823,640
or elsewhere.
For the purpose of giving full information about
Massachusetts Central Railroad.—A special
meeting
the all the issues of United States bonds, and enabling investors to
of
stockholders of the Massachusetts Central Railroad was held at form an
opinion of the best class of bonds to take, the firm has.
the office of the company, No. 10 Pemberton
square, at one o’clock issued an interesting pamphlet, which is very complete in its
yesterday, the President, Silas Seymour, in the chair. The atten¬ details. In addition to the standard facts about each issue of
dance was quite large, and, after some
discussion, it was voted bonds, this little pamphlet assists buyers by a clear and
that, whereas, the road had cost up to the present time a sum hensive calculation of the rate of interest each bond will compre¬
pay, on
greatly in excess of its market value, in order to cover the loss the assumption that it will remain outstanding for a certain num¬
so far as practicable and
place the company in a position to ber of years as specified. This table we quote as follows:
complete the road within two years, the holders of capital stock
As the bonds are quoted and sold flat, that is to
say, with the
shall transfer the same to a trustee till the
accrued
interest in each case included in the price, and as the
expiration of the two
years, when, if the road is completed for trains its entire
length, value of the accrued interest on the different issues at any given
three-fourths in amount of said stock shall be
subject
to the order time varies according to the rate of interest which the bonds
of the directors of the road
upon the trustee, who shall by such carry, and the time that has elapsed since the last payment of
order deliver the remaining one-fourth of said
stock to the interest on each respectively, it is necessafy, in making a correct
present holders; the right to vote upon .the whole of the stock comparison, to allow for the accrued
interest, and to give the net
shall remain with the present owners
during the continuance of prices for the principal.”
said trust.
6,922,000
spicuous for many
Total
years past
—
*■
“
Estimated
Bssored, That the above arrangement is approved by the
stockholders, and
that they will execute any or all transfers that
may be neccssary to complete
the same whenever
called
neon to
do
It was also voted that, as it was
should be taken, the President and
be a committee to bring the matter
stockholders, and to such persons
that town meetings may be held
towns
holding stock.
important that prompt action
Messrs. Brigham and Cotting
to the immediate notice of the
in the towns along the road,
for the proper action of the
The meeting adjourned sine die.
Montgomery A Eufaula.—An address to the first
bondholders is issued by the trustees, Messrs. J. Milbankmortgage
and J. C.
Gray, in which they
Average
time
to run.
so.
say:
Immediately upon their appointment,
the trustees proceeded with the
dkcharge of their duties. Of
the $1,280,000 of these bonds
Five-twenties of 1865
“
"
Sixes, 1881
Ten-forties
Fives, 1881
Four and-a-half
1-67.
1858
...
...
1
year.
'IX years.
4 '»
6X
...10
12
p c. bde. 15
...
<*
.
II
it
....
a
Prices for
Present Value of Present Principal
Market Accrued Market at which
Prices
interest Price of they will
(June l.)to June 1. Prircipal. pay 4 p.c.
104*
101*94
2*
102*
107*
105
2*
104*71
109*
107-33
2*
106*
108*
107*
2*
ICO
111-35
1*
1(5*
*46
1(6*
1C8-18
109 49
1(5-60
125*97
1'5*04
None.
R3*
!01*
Currency sixes
122
18*
2*
119*
Much other information will be found on the fourth
page
The Chronicle.
it
...
of
—The banking house of Messrs. Geo. Wm. Ballou &
Co., of
this city and Boston, have been well known in connection with
their dealings in municipal bonds.
They have recently given
attention also to mortgage loans, and now offer to investors
outstanding, $1,168,000 of them
have been surrendered to the selected
depositary—the Union
Trust Company. The bonds not surrendered
belong to persons $100,000 eight per cent bonds, secured by first mortgages on Ohio
who are absent from the
country or who cannot be found. The farms. These bonds are for $500 and $1,000 each, mature in five
trustees forthwith caused
proceedings to be had in the courts of years, interest payable semi-annually, either at their New York
Alabama, under which a decree was entered for the sale oa Nov. or Boston office.
The firm claim that the loans are made with
12, 1877, of the railroad, and all the
property affected by our great care, never exceeding one third the present cash value of the
mortgage, in the interests of the reorganization scheme. In this
property, and, if desired, the bonds can be registered. Ohio is a
decree of sale it was explicitly
provided that the sale should be prosperous State, and has a much better record on
made subject to the claim or lien of the
municipal
South & North Alabama loans than some of her Western sisters.
Railroad Company, amounting,
with interest to the present date,
to about
—Messrs. Winslow Lanier & Co. are offering
$64,000, as it might be eventually determined, upon the
the first mortgage
appeal taken from a judgment theretofore had in favor of that 7 per cent bonds of the Scioto Valley Railway Company of Ohio.
company. The South & North Railroad Company, however, took These bonds are limited to $13,000 per mile, and the road is
an appeal to the Uuited
completed from Columbus, Ohio, to Portsmouth, 100 miles. In
States Supreme Court that
the three months ending June 1 the
postponed the sale uutil that court shall render itsnecessarily
earnings were $63,477, and,
decision.
While your trustees regret the
delay in the sale of the Mons- allowing 50 per cent for expenses, the net earnings would-be
gomery & Eufaula Railroad has occurred, they are able to state about $31,700.
that thus far no serious
disadvantage has resulted, nor is
The gold coupons of the first
mortgage bonds of the Houston
likely to occur therefrom; indeed, should the tiDal decree of any
the & Texas Central railways, due
court call for the
July
1, will be paid for the com¬
payment by the Montgomery & Eufaula Rail¬ pany on
presentation to John J. Cisco & Sons, No. 59 Wall street,
road
Company of the entire sum claimed by the South & North less a rebate of 5
—
per cent per annnm.
THE CHRONICLE.
568
Closing prices at the N.
£hc gautosr (gazette.
No National Banks
DIVIDENDS.
recently been announced :
When
Payable
Per
Cent.
Name of Company.
Books Closed.
(Days inclusive.)
*
Railroads.
Evansville
Gen
Ter
e
2*
Haute
New York Ntw Haven
Hartf rd
July 15.
3
5
a
.....
July
FRIDAY, JUNE 7,
The money
Market and Financial
1. June 4
to July 5.
1878-5 P. M.
Situation.—The tone of
buoyancy in the financial markets has been well maintained, and
at the present moment it is unusual to meet with any parties,
except those of a constitutionally bearish tendency, who prophesy
6s, 1881
reg.
6s, 1881
coup.
6s, 5-20s, 1865...reg.
6s, 5-20s, 1865 .coup.
6s, 5-20s, 1867...reg.
6s, 5-20s, 1867 .coup.
6s, 5-20s, 1868...reg.
6s, 5-20s, 1868 .coup.
5s, 10-403....
reg.
5s, 10-40s
coup.
58, fund., 1881...reg.
58, fund., 1881..coup.
4*2S, 1891
reg.
412s, 1891
coup.
4s, 1907
reg.
coup.
4s, 1907
6s,cur’cy, ’95-99. reg.
We have called attention frequently to the several
%evil things.
circumstances in the situation
of the country which are
*
Differ’nces fr’m
Loans and dis.
Specie
Circulation
Net deposits
..
.
Legal tenders.
previous week.
$234,049,400
17,001,200
19,941,000
199,867,900
47,248,000
Inc.
Dec.
Dec.
Inc.
Iuc.
1877.
Juue 2.
19,844,500
16.143.700
223,481,600
55.899.700
&
&
&
& S.
& 8.
Q.-Feb.
Q.-Feb.
G.-Mar.
Q.-Mar.
Q.-Jan.
Q.-Jau.
& J.
J.
1053s *105*2
108*2 108*2
*1015s *10158
*10458 *10458
*104
*104*4
107*4 107*2
*105*2 106%
*10934
*109
107*4 *107*8
*107*8 *107*8
105*2 105*%
10538 105*2
103*2 1035s
103*2 103*2
101*8 10138
*101*8 -101*4
119% 11934
Juue
6.
June
106
109
106*8
7.
102*8
109
102
105
10478
*104*2 *105
107% 10778
107
*106*2
*109*2
10758
*10738
1055s
1055s
10358
1035s
*101*4
*101*4
120*4
110
*107*2
1075s
1057s
1055s
1035s
*10358
10130
10138
120
Board.
1878, and the amount of
Coupon.
Registered.
Highest.
Lowest.
follows:
Amount June 1.
Range since Jan. 1, 1878.
$87,894,100
55,527,800
June 6 $194,842,250
68, 1881
cp. 105*8 Feb. 25 109
51.328,250
6s, 5t20s,’65.cp. 1025g Jan. 3 105*8 June 6
Juue 7 105:861,300
Feb. 6 108
6s, 5-20s,’67.cp. 105
15,950,000
6s, 5-208,’68.cp. 106% Jan. 2 110*2 Apr. 23
5s, 10-40s... cp. 10378 Mcli. 1 108% Jan. 26 144,221,050
5s,fund.,’81.cp. 102% Feb. 25 1063s Jan. 24, 232,149,800
4*28, 1891 ..cp. 10178 Mch. 1 10478 May 24 148,359,100
66,739,850
4s, 1907 ....cp. 1003s Apr. 13 102% Jan. 9
64,623,512
6s, cur’ucy.reg. 117*4 Apr. 5 122*8 May 25
State and
204,755,000
21,515,300
50,345,250
276,290,550
86,640,900
25,110,150
Railroad Bonds*—Louisiana consols are weaker
here from New
and sold to-day at 70.
The bonds are coming
Orleans and it is still reported that the July interest will be paid.
An advertisement of the new State bonds to the Pacific Railroad
consols are in demand from
in New Orleans. Alabama
parties at home at 44£ for class
appears
sols,
“ A.” South Carolina con¬
approved numbers, have sold at 85, and rejected numbers
68. District of Columbia 3-65s are active at
84@84£. Tennessee bonds are stagnant and meet with no demand
of the best class at
at home.
Railroad bonds
are
of business
off some of
firmly held, on a smaller volume
than last week, speculation in stocks having drawn
the attention from bonds ; in some cases prices have
slightly from the highest point
Messrs. Adrian H. Muller
reached.
20
20
10
10
Shares.
1 Lake Side Club
48 Citizens’ Gas-Light
Commercial Fire Ins. Co. 133
Guardian Fire Ins. Co
65
Resolute Fire Ins. Co
45
...
Grange
25
60
$8
per share.
20 San Francisco Land Asso¬
ciation
$1 25 per share.
10 Lenox Water Co
50
200 Southern RR. Security
76*2
Co., White Plains
80
Taylor Iron Works of N. J. 25
Harlem Bridge, Morris-
ania & Fordham RR....
9 Cliesa. & O. RR. reorgani¬
zation ctfs., issued by
the Central Trust Co.,
Hydraulic
Mining Co
$1,400
Co of
19 Cent. Bank of Westchester
Commerce Fire Ins.
La
auction.
Brooklyn
....
Co... 62*2
76 Artie Fire Ins. Co., old st’k 62*2
200 Firemen’s Fund Ins. Co., 51*2
150 Great Western Ins. Co.86®85*4
100
fallen off
& Son sold the following at
Shares.
20
20®2178
$10,000 each
Bonds.
$532 Pac. Ins., scrip of ’68. 46
$8.for lot.
940 Pac. Ins., scrip of ’69. 41*2
70
1,340 Pac. Ins., scrip of ’70. 39
123
50,000 Houston & Tex. Cent.
Asso.100
RR. (main line) 1st
900 N. Y. Real Estate Asso,..100
mort. 7s, gold, due
75 Metropolitan Bank....... 115*8
1891
89®89*4 andint.
66 Central National Bank... 98
6,000 Houston & Tex, Cent.
63 Howard Ins
106® 105 *2
RR. (main line) 1st
10 Metropolitan Ins
2%
mort. 7s, gold, due
8 Republic Fire Ins
70
1891
9018 and ink
6 Commerce Fire Ins....... 62 *2
27,000 Receipt of Farmers’
75 Union Ferry Co. of Bklyn.lld
Loan & Trust Co.,
10 Home Ins...
.108
(asses’mt *2 p. c. paid)
24 L. Shore & Mich. RR. Co.,
Co
50 Nassau Bank
300 Manchester Mills.
400 Manhat’u Real Est.
1876.
June 3.
$52,200 $250,754,400 $250,679,500
2,825,900
64,800
882,600
3,224,100
&
x05i2 1053s
10838 10838
x01% *101*2
1045s *104*2
*x04*4 *104*6
UO714 107*6
*x0534 *105*2
*109
*109
1073s 107*4
107*2 *107*8
1055s *105*4
1055s 10538
*10338 1033a
x03«8 10338
*101*8 10138
*101*8 101*4
*x!8% 119
J.
J.
J.
J.
J.
J
J.
J.
price bid; no sale was made at the
This is the
accepted
as a promise of better times, but among these
hopeful influences it is impossible to include the possibilities of
legislation in Congress. It is not worth while to review here the
general course of affairs since Congress met in October last up to
the present time, but it may not be improper to remind our
readers that silver has been voted a legal tender, that the
moderate cancellation of greenbacks has been stopped, although
money is superabundant and there has not been the slightest
stringency to good borrowers since the year 1873, and that a bill
is pending to postpone the period for resumption of specie pay¬
ments, even in silver. Possibly at the next session more judicious
counsels may prevail, and these laws may be modified or repealed;
and possibly no tariff bill will be agitated, keeping importers in a
state of utter uncertainty as long as it is pending.
At all events,
our people are generally inclined to take hopeful views, and the
undercurrent of feeling is an unlimited confidence in the ulti¬
mate prosperity of the country, either by the help of legislation
or in spite of it.
The money market lias worked more easily than ever, and on
Government collaterals we have heard of a large block of money
taken at 1| per cent, but this was exceptional, and the quotations
for call loans are 2@3 per cent on governments and 2|@4 per cent
on stock collaterals.
Prime commercial paper is in demand at 3£
(24£ per cent.
The Bank of England statement on Thursday showed a decrease
of £202,000 in specie for the week, and the reserve was 37f per
cent of liabilities, against 40 1-16 the previous week. The discount
rate remains at 2£ per cent, while money in the open market is
about If per cent.
The Bank of France gained 12,700,000 francs.
The last statement of the New York City Clearing House banks,
issued June 1, showed an increase of $177,550 in the excess above
their 25 per cent legal reserve, the whole of such excess being
$14,282,225, against $14,104,675 the previous week.
The following table shows the changes from the previous week
and a comparison with the two ©receding years :
&
&
&
&
J.
J.
J.
J.
J.
J.
J.
J;
M.
M.
June
5.
June
4.
June
3.
June
1.
The range in the prices since Jan. 1,
each class of bonds outstanding June 1, 1878, were as
in Wall street
1878.
June 1.
Y. Board have been as follows:
Interest
Period
organized during the past week.
The following dividends have
[VOL. XXVI.
17.488.800
15.943.800
211,196,600
51,766,500
„
United States Bonds.—The business in
Government securi¬
both private
institutions.
Among the buyers here we have heard this week of two of the
most prominent and soundest of our financial corporations, in
whose hands a large amount of money has been waiting for
investment.
Nothing new is heard of any further negotiations
with the Syndicate, and in the meantime sales of 4 per cents by
the Treasury go on at a moderate rate and five-twenties are
25
50
1
ties has been quite active and the purchasers include
investors throughout the country and the financial
called in.
The Secretary of the Treasury has issued the fifty-ninth call
the redemption of 5-20 bonds—consols of 1805.
The call is
101,001 to 103,000, both inclusive; $500, Nos.
69,001 to 72,000, both inclusive; $1,000, Nos. 125,001 to 130,000, both
inclusive. Total coupon bonds, $2,500,000.
Registered bonds, redeemable at the pleasure of the United States
after July 1,1870, as follows: $50, Nos. 2,051 to 2,100, both inclusive;
$100, Nos.16,601 to 17,150, both inclusive; $500, Nos. 9,701 to 10,000,
both inclusive; $1,000, Nos. 32,201 to 33,100, both inclusive; $5,000,
both inclusive; $100, Nos.
Nos. 8/701 to 8,900, both inclusive;
inclusive. Total registered bonds,
$10,000, Nos. 16,251 to 16,750, both
$2,500,000. Aggregate, $5,000,000.
Closing prices of securities in London have been as follows:
*
U. S. 6s, 5-20s, 1867
U. S. 5s, 10-408
58 of 1881
New 4*2 per cents
May
May
June
24.
31.
7.
1091s 10914
109
10912
1071a 10714
10512 10514
10912
1093s
10738
10538
Range since Jan, 1,1878.
Lowest.
IO514
10412
1033s
102ie
The
Closing prices for leading State
past, and the range since Jan.
weeks
for
for
$5,000,000, of which $2,500,000 are coupon and $2,500,000
registered bonds. The principal and interest will be paid at the
Treasury on and after 5th September next, and the interest will
cease on that day.
The following are the bonds called in:
Coupon bonds dated July 1,1865, namely: $50, Nos. 59,001 to 60,000,
Highest.
Jan. 2 109i2June 7
Feb. 25 109% Jan. 26
Mcb. 1 107*8 May 29
Feb. 25 10538 May 29
25*8
6,000 B’way & 7th Ave. RR.,
7s, due 1884
101*4
..
following were also sold:
$20,000 bonds, Port Royal RR. Co., gold bonds, due May 1, 1879;
Coupons on, from and including May 1,1874,15 *4® 15*2.
-
I
N. J. South. RR. Co.
1st mort. bond
guaranteed 10 p. c. st’k. 128*2
Gt. West. (Marine) Ins.
87*2
Stuyvesant Fire Ins...... 131
N. Y. Society Library....$64
States.
Tennessee
May
June
31.
7.
6s, old..-.
Virtrinia fis. potirhI
do
do
2d series..
Dist. of Columbia, 3-65s
,
Railroads.
*106
*17
*39
*72
*29
Range since Jan.
70
June 1 85
104*2 Jan.
7 106
Mch. 29 18
>16*2 15
•
82*2
*36
*70
*25
84*2
395s May 14
Apr. 12
84% June 4
June 5
64*4 Mch. 4 84
103*8 Jan. 15 108*2 May 29
109
Jan.
2 113 June 7
9178 Jan. 14 103*4 May 31
91*8 Jan.
5 102% May 25
106
Jan.
5 109*4 June 3
110
Jan. 7 114*2 Apr. 20
109
Jan. 10 112*4 May 27
105*8 Jan. 5 110*2 Apr. 27
115*a Jan. 5 120 Apr. 29
118
Jan. 7 121*2 June 5
9578 Feb. 20 100*8 June 6
May 25
118
Feb. 8 121
103
Apr. 5 1093s May 24
108
108
103*8 Jan. 7 108*4 May 27
100*2 *101% 923s Mch. 6 101*2 J«**e 6
-83
82
Central of N. J. 1st consol.....
108*8
Central Pacific 1st, 6s, gold.. 108
113
Chic. Burl. & Q. consols 7s ..
Chic. & Northwest. cp,,gold.. 103*4 x99*8
Chic. M.& St. P. cons. s. f. 7s.. 1023s 102
Chic. R. I. & Pac. 6s, 1917... *108*2 *109*8
*112% *113
Erie 1st, 7s, extended
*113
Lake S. & M. S. 1st cons., cp..
Michigan Central consol. 7s.. 'i*09*2 109%
*116*8 *116
Morris & Essex 1st mort
N. Y. Cent. & Hud. 1st, op— *120% *121
Ohio & Miss. cons. sink. fd.. *100*4 *100*2
Pitts. Ft. Wayne & Chic. 1st.. *120*4 *120*2
St. Louis & Iron Mt. 1st m— *106*2
Union Pacific 1st, 6s, gold....
do
sinking fund....
*
This is the price bid; no
Feb. 11
Feb. 6
May 25
4
33*2 Jan.
74
1,1878.
Highest.
Lowest.
70
*107'
72*4
Louisiana consols
Missouri 6s, ’89 or ’90
North Carolina 6s, old
and Railroad Bonds for two
1,1878, have been as follows:
sale
was
made at the
Board,
THE CHRONICLE.
8, 1878.]
June
569
Railroad and Miscellaneous Stocks.—The stock market
has bssn decidedly strong and tolerably active.
The great point
of’ the week, and that which lent a support to the whole market,
the resolution adopted by the Rocjk Island directors looking
towards “an apportionment” of the capital which has been
was
expended without an increase in stock or bonds, in the shape of a
scrip dividend to stockholders. Thirty per cent is talked of, but
the committee
appointed to consider the subject has not yet
reported. The very fact of a return, even in a single case, to the
custom of scrip dividends, has been a boosting influence in the
market. The result of the railroad elections in Rock Island and
Northwest did not materially affect prices. The coal-road stocks
have been very strong, particularly Delaware Lackawanna &
Western, which closes at 53£ after selling to-day above 59, and
Morris & Essex at 88.
Lake Shore was one of the most active
stocks to-day, selling at 64f on the talk of a 3 per cent August
dividend, and the return soon of Mr. Vanderbilt to this city.
Railroad earnings for May and for the five months from January
1 to May 1 will be found on another page.’
The daily highest and lowest prices have
Saturday,
June
Central of N.J.
June
Tuesday,
3.
June
25% 29 * 30
Burl.& Q. 104
Chic.
Monday,
1.
C. Mil. & St. r.
do
vref.
Chic. & North
pref.
C. R. I. & Pac..
Del.& H. Canal
do
31*6 30*4
101)6
53%
80*6 80*4 89W
53* 53*6 54
53)|
77H 77*4 76)6
114'
113
115)| 116)4
304^
104
4.
been
follows:
as
(Wedn’ad’y
June 5.
Friday,
June
7.
105
54
M
5S
T,
Ilf
56'
Erie
Han. & St. Jo..
..
6'
Michigan Cent
Morris & Essex
N.Y. C. & H. .
86
Ohio & Miss...
18*|
Pacific Mad....
Panama
120
Wabash
Union Pacific..
West. Un. Tei
Adams Exp....
American Ex..
United States
120
14)6
15'
&
83% 84;
102*4 102
49)| 49
*47*4 49
Wells, Far*o..
93
follows:
11,458
62,300
14,390
Chicago & Nortliw...
55,615
34,079
..
do
do pref.
39,475
Chic. Rock Isl. & Pac.
31,649
Del. *fe Hudson Canal
13,352
Del. Lack. & Western 109,920
Erie
260,816
Hannibal & St. Jo
1,870
do
do pref.
2,600
Illinois Central....
Lake Shore....
1,305
117,397
10,442
17,290
10,831
14,510
15,525
Michigan Central..
Morris & Essex....
N. Y. Cent. & Hud. R.
Ohio <fc Mississippi.
Paeitic Mail
Panama..
Wabash
Union Pacific
Western Union Tel.
Adams Express
68
17,058
2,133
50,672
645
230
113
465
200
600
...
American Express
United States Exp.
Wells, Fargo <fe Co.
Quicksilver
do
pref....
Total sale3 of the week in
North¬
“
“
“
“
“
1....
3....
4....
5....
6....
7....
Jan. 1,1878, to date.
Lowest.
Highest.
2 32
June 4
13*2 Jan.
June 7
99% Feb. 28 108
36
Jan.
2 54% May 31
68% Jan. 30 81
May 31
33% Feb. 11 55% Apr. 17
59% Feb. 9 ~8% May 31
98% Jan. 15 119% June 7
45
Jan.
5 58% June 7
46% Mch. 5 59% June 7
7% Jan. 5 17% June 5
IQ
Feb. 28 13% Apr. 16
21% Feb. 28 31% Apr. 16
72% Feb. 14 84% May 29
59% Jan. 15 39% Apr. 15
58% Jan.
72% Apr. 18
67% Feb. 28 88% June 7
11
103% Feb.
111% June 7
7
Jan. 16 11% Apr. 15
16% Mch. 16 23% Jan. 16
112
5 131
Jan.
Feb. 25
12% May 9 20% Apr. 5
64% Jan. 4
75% Feb. 13
73
Mch. 20
84% June 5
98
Jan.
8 104
May 10
47% Jan. 14 52% May 8
46
Jan. 22
82% Jan. 7
15% Jan. 26
29% Feb. 5
leading stocks
west.
Lake West’rn
Shore. Union.
St.
Paul.
11,310
7,000
5,905
12,200
11,500
7,700
6,320
10,100
24,125
25,370
16,120
35,362
9,300
7,500
4,200
12,700
20,100
8,500
•
Whole year
1877.
2,455
15,390
9,555
12,712
4,850
5,710
,
51% Feb. 25
Low.
6
94
11
73%
15
43%
37% 69%
82% 105%
25% 74%
30%
4%
7
15%
33%
40%
79
45
73%
74%
51% 92%
85% 109%
2% 11%
12% a 26%
35%
80
59%
56
91
43%
34% Apr. 16
19%
Erie.
20,880
29,783
60,045
55 408
47.900
46.800
77
15
17
36
81
13
were as
37%
118%
42%
40%
June 5
19% Feb 25
95
High.
130
73
ii
ii
347,204
248,635
410,877
306,009
233,423
3,534,127
1,622,591
353,431
265,039
3,586,194
1,822,814
394,808
•
1,787,845
504,116
461,608
555,963
1,092,393
306,570
1,659,167
1,510,737
1^93,541
1,172,810
642,499
564,908
78,717
878.568
3,806,646
194,438
1,600,146
1,240,611
441.569
218,709
111,798
54,817
129,471
73,970
135,494
418,493
1,705,223
60%
59%
90
24
45
follows:
The total number of shares of stock
outstanding
last line for the purpose of comparison.
101
12,608,000
10,129,000
7,946,000
101
101
101
8,887,000
9,053,000
This week 101
101
100% ioi
Prev. w’k 101
100% 101% 101
S’ce Jan. 1 102% 100% 102% 101
The
following
are
6,515
9,119
6,782
2,780
5,723
3,160
is given in the
earnings and the totals from Jan. 1 to latest
given below. The statement includes the gross earn¬
ings of all railroads from which returns can be obtained. The
columns under the heading “Jan. 1 to latest date” furnish the
gross earnings from Jan. 1 to, and including, the period men¬
tioned in the second column.
-—Latest earnings reported.—s /—Jan. 1 to latest date.—s
EARNINGS.
Week or Mo.
1878.
1877.
1878.
1877.
Afcch.Top. & 8. F.Month May $291,400 $189,915 $1,247,383 $850,940
AtL&Gt. West. ..April
276,372 303,142 1,108,863 1,103,574
1,039,648
1,166,000
1,382,413
1,030,032
1,033,875
970,479
1,177,499
1,390,629
1,038,636
1,044,279
quotations in gold for various coins:
Napoleons
3 90
®
3 97
X X Reichmarks.
X Guilders.......
4 74*
3 90
®
®
4 80
4 10
Span’h Doubloons.15 70
Dimes & % dimes.
Silver %s .and %s.
Five francs
Mexican dollars..
—
—
—
—
English silver
-@16 00
Mex. Doubloon8..15 50 ® 15 70
Fine silver bars
117 ®
117%
Fine gold bare
par./S)%prem.
..
97 ®
97 %®
93
93
4 75
Pms. silv. thalersTrade dollars
New silver dollars
—
—
—
®
®
.
®
68 ®
98 ®
99 %®
98%
98%
94%
94
85
70
99%
par.
Exchange.—The nominal price of sterling bills was advanced
to-day -J point, while the actual rates for business are about 4.84J
@4.84£ for 60 days, and 4.S6|(^4.86£ for demand.
In domestic bills the following were rates on New York to-day
at the undermentioned cities: Savannah, buying par, selling £ pre¬
mium; Charleston, firmer, 3-16 premium, £ premium; New Or¬
leans, commercial 1-16@£, bank£; St. Louis, $1 premium; Boston,
12£ cents discount; and Chicago, par.
Quotations for foreign exchange are as follows :
60
June 7.
3
days.
days.
Prime bankers’ sterling bills on London.
Good bankers’ and prime commercial...
Good commercial
4.84%®4.85%
4.86%®4.87%
4.84
4,86
Documentary commercial
4.82 ® 4.83
5.18%®5.16%
Paris (fraucsj
:
Hamburg (reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin
®4.86%
4.84%®4.85%
®4.84%
4.82%®4.83%
4.84
95
(reichmarcks)
'a)
®4.85
5.16%g>5.14%
5.16%®5.14%
5.1S%®5.16%
5.18%®5.16%
40 ® 40%
95 ® 95%
95 ® 95%
95 <a) 95%
Swiss (francs)
Amsterdam (guilders)
95%
5.16%g>5.14%
40%® 40%
95%® 95%
95%® 95%
95%® 95%
95 %® 95%
following are the totals of the Boston
series of weeks past:
Loans.
Specie. L. Tenders Deposits. Circulation. Agg. Clear
Boston Banks •—The
banks for
a
$
$
$
1.
124,267,300
8.
125,030,SOO
126.240.100
125,299,800
125,234 703
121.485.100
4.477,000
4,433,690
3,791,800
3,364,000
48.975.800 25,207,40)
Aor.
6.472.200
6.577.200
6,701,500
6.567.400
5,716.800
5,265,300
4.767.400
4,119,100
3,959, 00
3,448,600
1877.
Apr. 15.
Apr. 29.
May 6.
May 13.
Vay 29.
May 27.
Jane
3.
123,879,400
123.520.100
123,032,500
121,973,200
$
t
S
Apr.
Apr. 22.
•'The latest railroad
Currency.
$64,718,000 $
$ -*74,402,000 1,296,463 1,307,566
$4 87 -@$4 90
Sovereigns-
Gold.
$16,095,000 $1,918,200 $1,964,551
Antwerp (francs)
Del. L. Central
& West. of N. J.
U,900
15,000
8,032
5,950
16,560
49,478
High
100% 100% 101
101
Balances.
Gold
Clearings.
CI08.
100% 100% 100% 100%
84%
..
are
Jan. 1 to latest date.
1878.
1877.
174,528
1*66, ill
369,495 2,044,732
444,255
132,267
95,028
633,746
74,220
17,646
27,516
24,548
497,822
480,079
17,324
19,776
281,491 ■246,552 1,210,111
64,761
72,997
274,445
360,000
361.372 1,705,200
578,432
534,213 1,632,445
31,520
102,395
334,535
332,169 1,272,662
206,757
231,307 1,048.246
115,325
97,037
741,862
126.372
128,469
605,303
59,229
37,303
139,319
5,619
4,375
75,147
804.604
215,090 225,827
991,029 1,340,119 2,885,753
175,881
8,030
9,740
84,631 1,547,234
65,800
227,178 1,304,442
258,132
25,922
382,735
21,219
10,476
11,013
225,141
6.582
6,411
127,080
3.762
3,002
62,954
180,248
49,579
38,269
28,974
21,579
116,595
24,289
238,667
59,900
31,bo6
111,339__. 85,011
536,155
400,253^357,489 1,893,880
100% 101
100%
100%’100% 100% 100%
100% 100% 100% 100%
105
Total.
55,615 117,397 50,672 62,300 260,816 109,920 34,079
Whole stock. 151,031 494,665 337,874 154.042 780,000 524,000 206,000
dates
ii
ii
Central of N. J
Chic. Burl.& Quincy.
Chic. Mil. &St, P..
do
do pref.
June
68,053
76,636
57,545
78,072
157,274
77,019
101
1..
3..
4..
5..
6..
7..
h
the
Sales of
Week.
Shares.
Low.
Open
June
prices bid and asked: no sale was made at the Board.
Total sales this week and the range in prices since Jan. 1, 1877,
,
Northern Pacific .March...
Pad.tfe Elizabetht.2d wk.May
Pad. <fc Memphis.. 2d wk.May
Pnila. & Erie
April
Phila. & Reading. April
86,940
77,364
86,859
88,801
151,959
83,136
Quotations.
16
34)6
34
pref.
were as
Michigan Central.March
Minneap. & St. L. March
Missouri Pacific..April
Mo. Kaus.
Tex .May
Mobile & Ohio.... April
Nashv. Ch.& St.L. April
93
*15*4
Quicksilver....
are
Louisv. Cin.&Lex. April
Louisville & Nash. April
1877.
Market,—Gold is quite steady at 101. The rates on
gold loans to-day were 1@4 per cent per annum for borrowing and
1-64 per diem.
Silver in London is quoted at 53£@534d. per oz.
The range of gold and clearings and balances were as follows:
19
69
.
do
Iudianap. Bl. &W. 3d wk.Mav
Int.. A Gt. North..3d wk.May
Kansas Pacific...May
1878.
The Gold
.
These
Gal. H. & S. Ant. .March
Grand Trunk .Wk.end.May25
Gr’t Western .Wk.end.May24
Hannibal & St. Jo.March
Houst. «fc Tex. C. March
111. Cent. (Ill.line).May
do
Iowa lines.May
do Springf. div.May
Scioto Valley
May
Southern Minn...April
Tol. Peoria & War.May
Wabash
May
pref,
Illinois Cent...
Lake Shore
*
Dubuque <fcS.City.May
do
(Tenu.). 3d wk.May
St. Paul & S. City. April
Sioux City & St. P. April
Del,Lack.* W
de
Deny. & Rio G...May
Detroit & Milw... April
St.L.A.&T.H. (brs)3d wk.May
St. L. Iron Mt. <fc S.3d wk.May
St. L. K. C. & No..May
St. L. & S. Fran... 1stwkMay
St. L. & S.E.(St.L.)3d wk.May
do
(Ken.).3d wk.May
32
105
33*6 54*6
-Latest.earnings reported.Week or Mo.
38,947,453
3,677,500
49.343.800
3.415.600
3,766.40)
3.857.600
4,260,200
5,26), -00
25.452.500
25.427.300
25.486.100
25,436,8n0
25.539.500
43,051,207
40,*01,403
43,436,607
41,632,590
46,277,046
48,823,200 25;453,200
49.336.900 25,099,400
48,693,500 25.373.100
50.165.800 25.446.300
42,539,787
42,6%,818
37,395,4-31
33,975.446
50.099,300
49,803,400
49,374,300
48.357.900
Philadelphia Banks.—The totals of tfie
Philadelphia banka
follows:
are as
^_
Atlantic Miss.& O.March
Bur. C. Rap. & N.May
129,105
139,490
131,873
71,605
Cairo & St. Louis.2d wk.May
5,200
5,309
Central Pacific...May.......1,574,000 1,554,653
Chicago* Alton.. May...:... 357,365 311,266
389,577
692,516
72,555
6,407,410
1,646,536
379,849
359,292
91,672
6,354,471
1,672,760
960,198
4,245,184
3,596,866
607,141
3,621,000
7,743
18,806
133,895
67,305
2,369,929
129,403
49,377
S??1*.* Q--April..*. ..1,118,736
799,000
Vjev.Mt.V,&D..2dwk.May
6.889
Dakota
Chic. MU. & St. P.May
Southern.April......
19,777
Loans.
$
1877.
Apr.
1.
Apr. 8
Apr. 15.
Apr. 22..
Apr. 29.
May 6.
May 13
May 20
May 27.
.
.
.
June 3
.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
t
S
S
58,197, *273
2,359,978
58,971,947
59,008,491
58,705,684
53,101,043
5*.125,807
57.741,781
57,480,896
57,106,350
57,141,428
2,367,819
2,247,293
11,453,567
10,382,46)
43,703,883
43,455,521
10,903,667
44,0.8,539
11,028,622
44,198,730
44,235,597
44,154,801
43,987,692
44,189,418
2,023,5-7
2.082,914
2.000,725
2,002,175
11,700,672
11,531,781
11,574,516
11,679,304
12,231,928
1,957.813
12,723.700
2,001,690
2.082,583
43,830,409
44,901,979
11,071,302
11,107,270
11,121,752
11,151,563
11,132,336
11,123,083
11,125,930
11,109,920
11,088,797
11,069,120
28,596,717
87,193,832
31.635,152
29,035,168
28.521,062
30,507,640
2
'.046,409
82,781,584
£0,126,223
26,800,606
THE CHRONICLE.
570
BOSTON, PHILADELPHIA, Etc.—Continued.
following statement shows the
New York City for the week
ending at the commencement of business on June 1, 1878 :
New York
Voi» XXVI.
City Banks.—The
condition of the Associated Banks of
Bid. Ask.
SECURITIES.
Bid. Ask.
8E CUBIT IKS.
—AVERAGE AMOUNT OF
New York
Manhattan Co..
Merchants
Mechanics’
Union
America
Phcenlx
....
€Ky
Tradtsmen’s
Fulton
Capital. Discounts. Specie.
$
$
$
8,399,000 2,007,600
8,0O0,0C0
647,800
2,i 50,000
5,079.30)
751.300
3,0.0,000
7,(16,100
349 100
6.194.300
2,000.000
206.300
3.8<8,800
1,200,000
8,58».609 1,193,310
3,000,000
24 ,000
2,314,000
1,0 0,000
1,000 00} 5.228.900 1,336 9C0
249,500
3,288,30)
1,(00,000
116,200
600.000
1.302.900
871.900
300 000
9,762,210
216.700
3.251.900
1,000,000
243.700
3.839.500
1,500,000
85,000
500.(00
1,361,000
41,103
6X),003
1,395.000
Chemical..
Merchants’Exch.
Gallatin National
Butchers’A Drov.
Mechanics’ & Tr
200,000
Greenwich
Leather Manuf’rs
600,000
Seventh Ward..
300,000
State of N. York.
800,000
American Exch.. 5,000,000
Commerce
5,000,000
1,572,50)
11,057,000
18,697,200
1,000,000
4.410.100
..
895.300
..
Broadway
Mercantile
2.296.800
967,400
6.717.500
l,s8P,000
243,103
6.492.500
1,909,000
1,419,000
9.614.800
2.404.600
345.600
1.992.200
162,000
96 r, 600
980,000
324. i 66
412,500
1.218.800
1.537.700
4.972.500
500,000
2,022,b00
8,000,000
600,000
1,OjO,ooO
12,41(1,000
Citizens’
Nassau
Market
1,(00,000
St. Nicho’as
1,000,0 «
Shoe and eather 1,000.(0)
1.743.500
1,905,309
2,535,600
1.983,000
3388,000
Corn Exchange
Continenial
Oriental
Marine...
3.282,200
3,973 500
1.251.500
1,000,000
1,250.000
300,000
400.000
2,054,000
Importers’&Trad 1,500,000
153-3,400
Park
Mech. Bkg. Ass’n
Grocers’
North River
East River
Mannf’rs’ & Mer.
Fourth National.
Central National.
Second National.
Ninth National..
First Natior al...
Third National..
N. Y. Nat. Exch.
2,000,0; *)
11,493,600
500.009
632,000
Bowery National.
New York County
250,000
2* 0,000
German Americ’n
750,000
300,000
5:0,800
240.000
791,200
57,000
162,; 00
83.900
709,000
1,100
775,2C0
613,000
874,000
292,000
198,000
2,700
1.902.800
929.600
1.562.300
7,* 64,000
1 vi.700
129,100
270.300
420.600
643,000 1,795 (00
974.900 2,917.500
655.500
66,UOO
196,600
14,500
7,500
106,500
790,0v0
314.100
169.200
..
$
206.900
165.700
3,070,100
2.783.100
North America..
700,000
Hanover
....
1,'00,000
...
1,175.300
170,000
3,380,000
232.700
819.300
2,061,400
373.300
1,500,000
People’s
.
2.849.200
637,20)
520.500
485,50)
171.100
261,000
1,01 ,400
450,000
..
600,600
170,0*0
135,000
450.600
Chatham
Metropolitan.
40,000
1,185,800
8,060,600
4,857 500
7.445.800
4.877.300
8
1,253,600
1,934,6(0
2,225,100
30;503
422,700
Irving.
tion.
3.106.700
2,' 43,900
1,000,000
Republic
Deposits.
Tenders.
216.300
Pacific
Circula¬
Net
LeL
Loads and
Banks.
261,100
35,600
45.000
20L0C0
8.270.100 1,923,100
2,732,903
890,900
2.661.600
2,033,700
1.656.600
180,000
450.000
3«,700
211,200
419,800
230,600
3,900
145.200
7*5,700
480,500
331.700
175 000
308.700
2,311,000
481,200
1.751.600
4,700
3.166.100
775.700
1,090 300
1,'39,000
316,000
16,456,200. 1,109,400
12,849,400
540, 00
416,503
305,300
516,800
802,400
34,000
26,200
190,001
122,000
374,00)
812,000 3,518,400
538.200 2,538,000
85,000
18,200
165.60)
1,200
722,000
138.900
20.900
573,600'
71.900
107.200
97,300
4,000
421,200
99,400
902.700 2,193,100 10,569,000 1,046,100
246,000 1,644,000 5,946,000 1,893,000
4fc9,000 2,0:4,000
270,0e0
85,900
850,300
3.147.800
(00,000
505,600 2,253,5U0
7,890,000
450,« if 0
792 7C0
241,100 1,005,600 4,890,303
267.400
153,100
701,700
26,000
224.000
7.000
790.600
226,000
30 >,800
1.137.701
180,000
143,200
329,300 1.749.500
'
850,000
714,700
100,000
8,5 0,000
365.500
...
2,000,000
300,(00
75',(.00
12,739,100
6,791,000
2,< 03,01)0
3.339.300
500,000
7,018,000
1,00\000
5,311,800
1,103,000
1,06 ,100
i, on, 400
1,880.400
300,000
.
_
Total
(5,525,200 234,049,403 17,001,200 47,248,' 00 199,867,900 19,941,000
The deviations from returns of previous week are as follows :
Loans
Inc.
$52,200 Net deposits
Inc.. $382,606
Dec.
64,800
8pecie
Dec. 2,825,900 Circulation
..
Inc. 3,224,100
Lagal tenders
The following are the totals for a series of weeks past:
Loans.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear*
1877.
Dec. 22.
Dec. 29.
1878.
Jan. 5.
Jan. 12.
Jan. 19.
Jan. 26.
Feb. 2.
Feb. 9.
Feb. 16.
Feb. 23.
Mar. 3.
Mar. 9.
Mar. 16.
Mar. 23.
Mar. 30.
Apr.
Apr.
Apr.
Apr.
May
May
May
May
25.
June
1.
6.
13.
20.
27.
4.
11.
18.
$
$
$
36,067,500
35,300,500
194.842.500
197,711,800
19.293.900
19.657.800
$
239.764,203
239.173.900
19,674,600
22,122,400
412,404^646
324,336,660
239.256.400
25.207.500
27,093,200
28.477.500
239.936.300
236.681.200
235.404.300
241,275,50)
243,(-51,300
242.859.900
241.659.100
246.456.200
246,3*20,800
242.978.900
241,566,700
241.590.900
240.649.100
236,018,400
31,230,000
32.146.900
33,011,600
82.379.400
53.326.400
37.116.900
39.545.900
39.687.500
38.767.600
36,620,700
35.486.900
232.113.400
33.935.900
230,301,500
3?,585,100
30,051,900
27.469.500
229.936.400
232,030,700
233,122,600
233.997.200
231,049,400
30.193.600
23,030.200
19,827,100
17,001,200
34,612,000
34,804,000
37.189.300
37,231,203
37.362.200
34,877,000
34,845,600
33,978,000
33.137.900
30.655.900
30.326.200
29,605,700
29,425,400
26,637,000
28,666,100
32,186,000
34,933,800
36.435.300
201.981.500 19.787.100
203,666,000 19.861.600
205.972.300 19.841.800
207.171.200 19.798.100
210,301,700 19.781.300
211.713,000 19.687.100
212,132,000 19.781.200
210.894.600 19.806.900
213.933.400 19,838,500
215.155.900 19.885.100
215,085,100 19,910,700
211.938.500 19.900.300
210.378.400 19.912.300
204.663.200 19.944.600
201.926.600 19.959.200
202,053,400 19,982,400
200,875.000 20,021,800
199,074,000 19.998.300
33,612,000 201,038,000 20,033,100
41,020,100 199,686,100 20,012,300
44,023,900 198.985.300 20.005,800
47,248,000 199.867.900 19,941,000
412,729,867
403,812.618
408,472,874
378,019,773
340,214,147
344,105,462
343,070,324
289.487,491
400,609,680
377,110,111
401,592,977
373,731t0?2
359,353,828
441,442,055
381,415,325
426,180,360
419,201,399
439,525,545
361,572,687
382,688,684
351,364.165
339,022,452
Bid. Ask.
SECURITIES.
Maine 6s
New Hampshire
Vermont 6s
....
6s
....
Massachusetts 5s, gold
Boston 6s, currency
do
5s, gold
do
-
sewerage 7s
•
•
•••
Municipal 7s
do
do
ioV*
HgK
2d 7s
77
land Inc. 8s.. 1(0
Boston a Albany 7s
115
do
68...
Boston A Lowell 7s
109
Boston A Maine 7s
113*
Burl. A Mo., land errant 7s.... no*
do
Neb. 8s, 1891
in
do
108
Neb.8s, 1883
Conn. A Passumpsic, 7s, 1897.
100
Fltehhnrg RR.t
do
7s
City Top. A W., 7s, 1st
do
7s, Inc..
Eastern,Mass..8*s,new.
...
Hartford A Erie 7s, new
Oedenshmw a i.aIta Ch.s*
13*
..
••••
74 H
Burlington A Mo. In Neb.....
Cheshire preferred
Cln. Sandusky A Clev
Concord
Connecticut River
1 Conn. & Passumpsic
Eastern (Mass.)..;.
Eastern (New Hampshire)...
i-12
....
.
104* 104*
85
63
31
Atchison & Topeka
ioi* Boston A Albany
102
Boston A Lowell
77% Boston & Maine
108
Boston A Providence
....
6s...*....
do
•••
stocks.
Portland 6s
Atch. A Tcpcka 1st m.7s
do
land grant 7s
Kan.
Bid. Ask.
SECURITIES.
113
Old Colony, 7s
do
6s
103%
Omaha A S. Western,8s .... no*
Pueblo & Ark. Valley, 7s.....
99%
75
77
Rutland 8s,1st mort
14
Verm’t C. 1st m., 7s
Vermont A Canada, new 8s..
Vermont A Mass. HR., 6s
BOSTON.
'63*
• •••
•
•
•
»
Fitchburg
*121
....
103
'98% 99*
30
m
*
•
•
•
7*
115
2%
72*
‘42*
110
131
98
Manchester A Lawrence
130*t
90
Nashua A Lowell.
New York A New England...
Northern of New Hampshire €6* 87*
Norwich A Worcester
Wedenah. A L. Chamnlatn
*28* 29
...
Phll.&R m.7s, reg.&cp..’92-S
Phlla. Wllm. & Baft. 6s, *84
Pitts. Cln. A St. Louis 78,1900
Shamokin V.& Pottsv 7a, 1901
Stoubenv. A Ind. 1st, 6s, 1884.
Stony Creek 1st m. 7s .9)7...
...
..
...
90!
94)
Sunbury & Erie 1st m. 7s, ’97.. 103
Union*Tiiusv. 1st
m.
7s, ’90.
United N.J. cons. m. 6s.’94..
Warren A F. 1st m. 7s, ’9$
West Chester cons. 7s, ’9t. ..
West Jersey 6s, deb.,coup.,’83
do
tst m. 6s, cp.,’96.
do
1st m. 7s, ’97
Western Penn. KR. 6s, ’.893
do
6s P.B.,’96.
91
00
58
82
105
99*
106
99*
68,10-15, reg., l*T7-’82. 106* 107
80
84
6s, 15-35, reg., 1882-’92. 113* 114*
CANAL BONDS.
6s, In. Plane, reg.,1879
Che8ap. & Dela. 6s, reg., ’86..
Philadelphia, 5s reg
98
Delaware Division 6s, cp.,’78. 80
104
do
106
6s, old, reg
Lehigh Navigation 6a, reg.,*84 103* 104
do 6s,n., rg., prior to’95
do
RR., rg.,’97 103* 104
do 6s, n., rg., 895 A over li3
ii3*
do
colv. g., r* g.,'94
90
Allegheny County 5s, coup...
91
do
gold,’97.... 90
Allegheny City 7s, reg
72
do cons. m.7s, rg.,1911
70
Pittsburg 4s, coup., 1913
Morris, boat loan, reg., ‘885..
do
85
5s, reg. A cp., 1913. 84
04
Pennsylvania 6s, coup., '.9i0.. 58
do
-6s, gold, reg
86
Schuylkill Nav. ist m. 6s, ’97. 83
102
do
7s, w’t’rln,rg.&co. ioi
111*
.
7s, itr.unp.. re*.,’83-36*
do
N. Jersey 6s, reg. and coup...
do
exempt, rg. A coup.
Camden County 6s, coup
Cimden A Atlantic
do
do
pref......
Cal&wlssa
pref
do
do
new pref
Delaware &JBound Brook....
East Pennsylvania
Elmira & Williamsport
do
pref..
Joy A Lancaster.
Huntingdon & Broad Top...
do
do pref.
Lehigh Valley
Little Schuylkill
do
Har. P. Mt.
Hiinehlll
Nesquehonlng Valley.
.......
Norristown...
Northern Pacific, pref
North Pennsylvania
Pennsylvania
Philadelphia A Erie..,.
Pniladelphia & Reading
85
57
2dm. 6s, 190.
do
do.
do
6s, boat A car, 1913
7s, boat A car. 19.5
Susquehanna 68, coup.. :9.8 .*
BALTIMORE.
do
27
9
26*
3
34
2j
§i*
23
30
39*
40*
6s, exempt, 1887
114
114
105
108
110
110
6s, park, 1890, Q.—M. 108
6s, 1893, M. AS
109
109
do
do
6s,exempt,’9S,M.&S. 112
115
110
112
110
113
115
do
do
1900, J.&J
do
1902, J.&J
Norfolk water, 88
Par.
Balt.A Ohio
.100 70
do
Wash. Branch.100 135
J*
38*
42
46
47
40*
&
do
Parkersb’g
Northern Central..
Western Maryland
Central Ohio
Br..50
...50
....
50
50
Pittsburg A ConnellBvtlle..50
RAILROAD
34 ^
118
110*
14*
!4*
23
1
25
5
Balt. & Ohio 6s, 1880, J.&J.... 103
104
do
6s, 18S5, A.&O.
N. W. Va. 3d m.,guar.,’85,J&J 95
15% Plttsb.A Connellsv.7s,’98,JAJ
95
Northern Central 6s, ’85, J&J 105*
6*
.
15*
Susquehanna
77*
175
5
5
BONDS.
PhUa.Wllmtng. & Baltimore. 63
63*
do
6s. 1900, A.&O
Pittsburg Tltusv. & Buff
5*
594
do 6s, gld, 1900, J.&J
United N. J. Companies
122* 123
Cen. Ohio 6s, lBtm.,’90,M.& S.
West Chester consol, pref....
W. Md. 6s. 1st m., gr.,’90,J.&J.
West Jersey
do
1st m., i890, J. & J...
CANAL STOCKS.
do
2dm.,guar., J.& J....
Chesapeake & Delaware
do
2d m., pref
Delaware Division
35
do 2d m.,gr.by W.Co.J&J
Lehigh N avlgation.
17* 17%
do 6s, 3d in., guar., J.& J.
Morns
Mar. & Gin. 7s, ’92, F. & A ...
do
122
124
pref
do
2d, M. & N .
Pennsylvania
do
8s, 3d, J. * J
"a
Schuylkill Navigation
Union RR. 1st, guar.,J.& J..
do
6
pref...
do
Can on endorsed
100
95
08
106
100
106
61
103*
103
82
29
13
104
105
103
90 ‘
108
102
95*
99
110
105
110
06
100
110
83
30
13*
'85* 'S7*
MISCELLANEOUS.
RAILROAD BOND8.
Allegheny Val., 7 3-10s, 1893...
do
7s, E. ext., 1910
Baltimore Gas certificates..
IC8* People’s Gas
ios*
......
Harrisburg 1st mort. 6s, ’8*..
105*
H. & B. T. 1st m. 7s, gold, ’90. 106
do
2d m. 7s, gold, ’95.
do
8d m. cons. 7s, ’95*. *20
Ithaca* Athens 1st g d, 7s.,’90
Junction 1st mort. <T», ’82
do
2d mort. 6s, 19J0
L. Sup. & Miss., 1st m., 7s g.*
109
•
••
30
95
103
100
do
do
do
do
114
mi
il4*
ioo
*08*
112
104
104
80
4794
lid
i04*
85
48*
ildK
104* 10694
108* 109*
93
«5*
103
'»3*
103
s.m.6s,g.1.1911....
conv.78,rg.&cp.l89S* 50
7s, coup, off, ’93 26*
scrip, 1882
Phlla.* Read. C.& I. deb. 7s,*2
do deb.7s.coup. off....
do scrip,1382
co
51
82
105
108
89
95
Hamilton Co., O., 6s. long...
do
7s, 1 to 5 yrs..t 100
do
7 & 7-30s, long.t 104
CIn.& Cov. Bridge st’k, pref.
Cln. Ham. & D. 1st m. 7s, ’80
do
2dm. 7s,’85.. 90
Cln. Ham. & Ind.,7s, guar.... 80
92
Cln. & Indiana ist m. 7s
70
do
2d m. 7s, ’<7...
Colum. & Xenia, 1st m. 7s, ’90 104
ioo*
Dayton & Mich. 1st m. 7s, ’81.
do
2dm. 7s,’84.
do
3d m. 7s, ’83.
Dayton & West, lstm., ’8I...+
do
1st m., 1905
• do
lstm.fs, 1905
.
Ind. Cln. & Laf. 1st
7s
(I.&C.) 1st m. 7s,’88
m.
do
Little Miami 6s, ’83
Oin. Ham. & Dayton stock...
Columbus & Xenia stock
Little Miami stock
97*
100
100*
& Michigan stock....
107* 108* Dayton
do
8. p.c. 8t’k,guar
108
do
2d m. 7s,cp.,’98. 100*
Phlla.* Read. 1st m. 6a, ’43-’44. 104
104*
do
do
’48-.49.
do
2d m., 7s,«p .’93 iid
112
do
88
deben., cp., ’93* 30
do
do
cp. off., 20
£8
do
*00
scrip, 1832.
do
In. m.7s, cp,1896
do cons. m. 7s, cp.,l9U.. ioo
do cons. m. 7s, rg.,1911.. 100
In default of Interest.
15
CINCINNATI,
Cincinnati 6s
.
•
...
Lehigh Valley, 6s, coup., 1898.
do
tts, reg., 189)...
do
7s, reg., 1910...
do
con. m., 6s,rg.,1923
do
do
6s/ p.,19.3
Little Schuylkill, 1st m. 73/82
North. Penn. 1st m. 6s, cp.,‘85.
do
2dm.7s.cp.,’96.
do gen. m. 7s, cp., 1903
do gen. m.7s, reg., 1903
Oil Creek 1st m. 7s, coup.,’8i.
jflttsh. Tltusv. & B.,78, cp.,’96
do
scrip....
Pa.&N.Y.C.* RR.7S, ’96 )906.
Pennsylvania, 1st m., cp.,’80..
do
gen. m. 6s, cp., 19*0.
do
gen. m. 6s, rg., 1910.
do
cons. in. 6*, rg., 1905.
cons.
m. 6s. cp., 1905.
do
do
Navy Yard 6s, reg..
Perklomen 1st m.6a.coup./97
Phlla.*Erie 1st m. 6s, cp.,’8t
14*
...
• •••
Inc. 7s, end., ’94. 25
27
Belvldere Dela. 1st m., 6s,con. i02*
2dm. 68.’8).. 101
do
do
3dm. 6s, *87.. 93* 95
Camden *Amboy 6s,coup,’83 103
do
6s, coup., *89 101
do
mort. 6s, ’89.:... 108
Cam. & Atl. 1st in. 7s, g., 1908 108
do
24 m., 7s, cur., ’80 100* ioi
Cam. & Burlington Co. 6s,’97. 101
Catawissa 1st, 7s, conv., ’82...
chat, m., 10s, ’88 ..
do
new7s 1890.
do
10494
103
Connecting 6s, 1900-1904.
Dan. H.& Wilks.. 1st., 7s, ’37*.
Delaware mort., 6s, various.. 104
Del. & Bound Br., 1st,7s. 1905 91* 100
East Penn. 1st mort. 7s,’88 .. 103*!....
El.* W’msport, 1st m., 7s, ’80. 106
do
1st m., 5s, perp.
do
*
1
29*
....
110*
112
109
100
105
109
109
...
do
6?, 1890. quarterly..
do
5s, quarterly. .. ..
Baltimore 6s, i S3 (.quarterly.
do
6s, :886, J.&J
do
68,189), quarterly...
RAILROAD STOCKS.
Philadelphia* Trenton...... 1‘22*
do
do
do
do
01
Maryland 6s, defense, J.A J.. 109
.
QUOTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES.
Chicago
5s, g’d, mt, reg. or cp.
5s, cur., reg
5s, new, reg., 1892-1902 111
77,300
1.887.500
1.636.700
1.669.500
93.900
Penna.
do
do
do
do
do
443,100
411,000
111
82
STATE AND CITY BONDS.
1,9:7,000
90 800
nstx
PHILADELPHIA.
4,571,400
8,490.000 2/ 82,000
82,2,0
258.300
.
RAILROAD STOCKS.
1 39 ) 90)
i,?2s;ooo
47,700
naciand, common
do
preferred
Vermont & Canada
Vermont A Massachusetts
Worcester A Nashua
Camden City 6s, coupon
do
7s, reg. A coup
Delaware 8s, coupon
Harrisburg City 6s. coapon..
1,086,903
98
102* 103
Portland Saco & Portsmouth 84* 85
395,000
5,400
2,608,000
339.300
Ogdensb.&L.CUampl’n.pref..
Old Colony
ioi
110
70
97
40
73
1<M
103* 103*
90
89
100
87
78
*91
98
91
*90
82
92*
97
100
*90
98
83
*87
80*
87*
LOUISVILLE.
Louisville 7s
t 101
do
6s, ’82 to ’87
t 98
98
do
6s,’97 to *98
98
water 6s,’87 to ’89..
do
water stock 6s,’97.+ 98
do
6s
wharf
do
..+ 98
do
spec’l tax 6s of ’89.+ 98
3 Water 6s, Co. 1907 + 101
Louisville
Jeff.M.&l.lstm. (I&M)7b,’8lt
*85
do
2dm., 78..
do
lstm., 7s,1906...+ 105
Loulsv. C.& Lex. 1st m. 7s,’97.
ex past-due coupons.,
+ 103
-
103*
100
Louis.& Fr,k.,Loul8V.ln,68,,8>
Lonlsv. & Nashville—
Leb. Br. 6s ’86..
+
1st m. Leb. Br. Ex.,7s,’80-85.+
Lon.In.
do
6s, ’93...+
Consol, lstm. 7s, ’98
103*
99
99
99
104
Jefferson Mad. & Ind. stock.
Louisville & Nashville stock.
'37*
88
ST.
LOUIS.
St. Louis 6srlodg
do
water 6s,
do
de
do
ao
dd
gold
do
+ 101
+ 103
102*
new.+ 103*
bridge appr., g. 6s + 103*
renewal, gold, 6s.+
sewer, g. 6sf ’91-2-3.+
3t. Louis Co. new
park,g.6s.+ 103* 105
+
3t. L.& San F. RR. bds, ser’s A
do
do
do B
do
do
do C
do
98
98
98
cur. 7s
+ And Interest,
*44
25
22
47*
24 r
;■ a'1
THE CHRONICLE.
1878.J
JUNK S,
571
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
V. 8. Bonds and active Railroad Stocks are quoted on a previous page.
~
STATE
Bid.
•BOUXETTES.
~43%
Alaoama 5a, 1883
do
58,1886
do
88.1886....
43%
8b, 1888
8s, 21.6b E. RR..
88, Ala. 6b Ch.K.
S8 of 1882
8sOf 1898....
do
do
do
do
,Jc
L "mlslana 6s
43% 45
43%
6s, new
68, new float’g debt.
do
7s, Penitentiary
do
68, levee
do
8s, do
do
68, do 1875
do
88, of 1910
do
7b, consolidated
do
7s, small
Michigan 6s, 1878-79
do
6«, 1883...
do
7s, 1890
Missouri 6s, due 1878
..
Arkac^aa6a,funded. ...
do 7S L. k ft Ft. S. 188
do 73 Memphis ft L.R.
do
do
do
7s,L.R.P.B.&N.O
7b, M1B8.0. & R. R.
7s,Ark. Cent. RR...
5%
5%
7s, endorsed.
do
do
iS5
107%
...
7s,gold bonds...
Illinois 6s. coupon, 1879...
do
war loan..
Kentucky 6s
do
Asylum
do
do
or Un.,due
ft Susquehanna..
Burl. C. Rap. ft Northern
Central Pacific
Chicago ft Alton
80%
28
Clove. Col. Cin. ft I.
82
Cleve. ft Pittsburg, guar.
Col. Chic, ft I Cent —
Dubuque ft Sioux City.
Brie pref
...
••
Harlem
Joliet ft Chicago
Long Island
*
*
-
•
•
Missouri Kansas ft Texas
Hew York Elevated RR!
H. Y. New Haven ft Hart
Ohio ft Mississippi, pref
Pitts. Ft. W. ft Ch., guar.
do
do
special
Rensselaer ft Saratoga
Rome Watertown ft Og.
i*36
7%
lncTpol
i*2i*
UnitedN.J.R. ft C...
American Coal....
do
do
1st
••M
*10
do
•
•
*9%
1
L
do
do
Ontario Silver Mining....
36%
....
12
09%
85
30
91
31
m 116%
-
*
f
.
-
•
109
112%
113
83
71%
85
72
conv
80
assented.
67
70
47
148
Lehigh ft W. B. con.f
do
T
ws i09%
109%
lstconso
assented,
83
50
assan
53
do
do
assented.
Ch.Mll.ft St.P.lst m. Qa
8s, P
P.D
122%
do
2dm.7S-l6,u„ 108
do
1st 78, fg.,KJ) 106%
do
1st m., LaC.D. 109
113
do
lstm.,1.* MJ) *|05% 105%
do
lstm.,1. ft D. 102
do
lstm.,H. &D. 102
do
lstm., C. ft M.
do
consol.slnk.fd 102 -02%
do
2dm
+95
Chic, ft N. West. sink, fd.
108%
do
lnt. bonds, 106
do
consol, bds +109%
do
ext’n bds..
do
1st mort..
103%
99
do
99%
cp.gld.bds.
do
*»8%
reg. do
Iowa Midland, 1st m. 8s. +.... 106
Galena ft Chicago Ext
+106% 107%
Peninsula 1st m., conv.
112%
Chic.ft MHw.,lst mort. io9%
X
Winona ft St. P.. 1st m.. 100% 101%
• •
.
....
....
....
• •• •
.
.
-
_
-
•
7s, of 1871
83
198
do 1st con. guar.
Del.&Hud.Canal, 1st m.,’84
+102
_
,
do
do
do
:.1
do 1891
coup. 7s. 1894
reg. 7s, 1894
Albany ft Susq. ist bds.
do
do
*d do
3d do
1st COUS.SrUR'
Bens, ft Saratoga, 1st cp
_
Brie, 1st mort..
extendetf.
102%
....
100%
110
102
•
*
do
59
do
•
•
do
do
price nominal
100%
93
*98%
103T
108'
106'
lOlj
103]
94
*94
108%
104%
98%
99
85
id
120%
114
121
116
105%
109
:108
41
*30
43
15%
88
109
63
88
*95
*93
78
78
107
+105
t....
tlG6
+112
+ 99
tllO
107%
98
110
115
101
do
41%
ioo
86
68
ios*
87%
108*
Miscellaneous List.
(Brokers' Quotations.)
CITIES.
102
*109
t 96
c
7s, sewerage
7s, water
c
106*
93
tioi% 102%
...
7s,river lmprovem’t
+104%
106
+10 L
102%
+100
+ And accrued interest.
108
*
,v
4
30
36
27
'60
83%
4
84*
....
B
112
45
44
44%
S. Carolina con. 6s (good).
Rejected (best sort)
Texas 6s. 1892
M.&S.
..
101
84
65
101
72
103
7s, gold, 1892-1910.. J.&J. 110% l'.D*
7s, gold. 1904
J.&J. +111% U2
103
108, pension, 1894.. J.&J. + 102
CITIES.
Atlanta, Ga., 7s
45
38
102
62%
58%
54
72%
Georgia 6s, 187‘lP89.*.7.’*.
107
41
103
110%
110*
73%
8s
93
77
74
103
’8*
Inc. 7s.
Chic ft Mien. L. Sh. 1st 8s, *89.
Chic, ft S’thwestern 7s, guar..
Cin. Lafayette ft Chic., 1st m
Col. ft Hock V. 1st 7s, 39 years,
do
1st 7s, 10 years,
do
2d 7s, 20 years..
Connecticut Valley 7s
Connecticut Western ist7s
Dan. Urb. Bl. ft P. 1st m. 7s, g.
Denver Pac., 1st m.7s, ld.gr.,g.
Denver ft Rio Grande 7s, gold.
Des Moines ft Ft. Dodge 1st 7s.
Detroit ft Bay City 8s, end
Erie ft Pittsburgh let 7s
do
con. m., 7s..
do
78, equip...
Evansville ft Crawf ordsv., 7s..
Evansville Hen. ft Nashv. 7s...
Evansville, T. H. ft Chic. 7s. g.
Flint ft Pere M. 8s,Land grant.
Fort W., Jackson ft Sag. 8s, *89
Grand R.& Ind. 1st 7s, Lg., gn.
do
I8tl8,1. g., not gu.
1st ex 1. g.*s.
do
Grand River Valley &>, 1st m*.
Houston ft Gt. North. 1st 7s, g.
Hons, ft Texas C. 1st 7s. gold. ;
do
West, dlv
do
Waco.
do
consol, bds..
Indlanapblls ft St. Louis 1st 7s
Indianap. ft Vincen. 1st 7s, gr..
International {.Texas) istg...
lnt. H. ft G. N. conv. 8s
Iowa Falls ft Sioux C. 1st 7s...
Jackson Lans. ft Sag. Ssjstm.
Kal. Allegan, ft G. R. 8s, gr...
Kalamazoo ft South H. 8s, gr..
Kansas City ft Cameron 10s...
Kansas Pac. 7s, g.,ext. MftN.’99
do 7b, g., I’d gr.,JftJ,*80
do 7s, g.,
do MftS,’86
do 6s,gold,J.&D., 1896
do 6s, do F.ft A., 1895.
do 7s, Leaven, br., *96..
do Incomes, No. li
do
do
No. If
do
Stock
Keokuk ft Des Moines 1st 7s..,
do
funded int. 8s
93
70
102
98
Peoria Pekin ft J. 1st mort
Pullman Palace Car Co. stock.
do
bds., 8s, 4 th series
St. L. ft I. Mt. (Ark. Br.) 7s, g.
St. L. & San F., 2d m., class A.
do
do
class B.
do
-do
class C.
St. L.ftSo’east. cons.7s,gold,’94
St. Lonls Vandalla ft T. H. 1st.
do
‘2d, guar
Sandufky Macs, ft Newark 7s.
South Side, L. 1., 1st m. bond*.
sink. fund...
South. Cent, of N. Y. is, guar.
Southern Minn. 1st mort. 8s...
do
78. 1st
do
35
New 8s
+70
Nashville 6s, old
6s, new
New Orleans prem. 5s......
75
104
100
90
46
19
25
45
Consolidated 6s..
Railroad, 6s
Wharf improvem’ts, 7-30
86
Norfolk 6s*.............,
Petersburg 6s
8s
Richmond 6s
Savannah 7s,
7s, new
*t?0
99
83
78
105
*58
£5
old.......
Wllm’ton,N.C.,6s,g.) conp
8s, gold
j on.
RAILROADS.
Ala. ft Chatt.lst m. 8s,end
Receiver’s Cert’s (var’s)
Atlantic ft Golf, consol...
Consol., end.by Savan’h
Carolina Cent. 1st m. 6s,g.
Cent. Georgia consol.m. 7s
85
65
7%
20
83%
Stock
Charlotte Col. ft A. 1st 7s.
Oheraw ft Darlington 6s..
East Tenn. ft Georgia 6s..
E. Tenn.&Va. 6s.end.Tenn
E. Tenn. Va. & Ga. 1st. 7s.
Stock
.
Georgia RR. 7s
+89
+102%
93
+70
+100%
74
95
36
97
103
35
1
7%
58
25
91
105
100%
6s
ttock
Greenville ft Col. 7s, 1st m.
7s. guar.
Macon ft Augusta bonds..
2d endorsed
33
98
96
Stock
lemphlB ft Cha’ston 1st 7s
2d 7s.»4«.«.«.••••••
stock
Memph. ft Little Rock 1st
Mississippi Cent. 1st m. 7s
2d mort. 5s
2d mort., ex coupons....
Miss, ft Tenn. 1st m. 8s, A.
1st mort., 8s, B
Mobile ft Ohio sterling 8s
Sterling ex cert. 6s
8s, interest
64
70
97
Long Island RR., 1st mort.
104
Louisv. ft Nashv. cons. m. 7s.
do
2dm.,7s,g.. + 85
103
Michigan Air Line 8s, 1890
35
Montclair ft G. L.ist 7s
do 2dm. 7s
Mo. K.& Tex. 1st 7s, g., t904-’06
do
2d m. income...
N. J. Midland 1st 7s, gold
N. Y. Elevated RE., 1st m
N. Y. ft Osw. Mid. 1st
do receiv’s ctfs. (labor)
do
do
(other)
North. Pac. 1st m. gld. 7 3-10*..
Omaha ft Southwestern RR. 6%
...
85
tr*a
....
Oswego & Rome 7s, guar
reg...,.
/
I
7s,g.
(Brokers' Quotations.)
STATES.
Alabama new consols, A..
111%
110
104
99
109
1st
Union ft Logansport 7s.
Un. Pacific, Bo. Br ,6s. g.i
West Wisconsin 7s, gold..
South’n Securities
RAILROADS.
...
con. convert...
do ex mat. ft Nov.,’T7,cou.
Illinois ft So. Iowa, 1st mort
ex coupon,....
do
Han. ft Cent. Missouri, 1st m
Pekin Llnc’ln ft Dec’t’r.lst m
•
..*
107%
101
!08% 108%
91%
Ex. Aug.,*78,& prev’B
Great Western, ist m., 1888..
do
ex coupon ..
do
2d mort., ’93.
do Ex ft Nov..’77,conn.
Quincy ft Toledo, 1st m., ’90..
iI5
.
121%
J
•
• * •
104
2d m..
2d mort.,pref..
2d mort. lnchne
Belleville ft S. Ill.R. 1st m. 8s
*i
Pol. Peoria ft Warsaw, E. D...
do
do
W. D..
do
do Bur. Div.
do
do 2d mort..
do
do consol. 7s
Pol. ft Wabash, 1st m. extend.
do
ex coupon
do
istm.St.L. dlv.
do
ex-matured conp.
do
' 2d mort
do Ex ft Nov.,*77, coup,
rto
equip’t bonds,
•
....
121
121
do
do
103
100
•
103%
Spring, dlv..
c
*
114
113
1st
do
*
103
do
99% vWestern Union Tel., 1900,cp...
....
•
do
2d
;
.
T
111% Tol. Can.S. ft Det
104
.
.
+ + *
constrnct’n
consolidated....
do
2d mort
do
Income, 7s.
do
1st Caron’t B
South Pac. of Mo., 1st m
RR—
J »enn.
PIttB. Ft. W. * Chic., lstm..
do
do
2dm..
do
do
3dm..
Cleve. ft Pitts., consol., s.f.
do
4th mort....
Col. Chic, ft Ind. C., 1st mort
do
do
2d mort
tome Watert’n ft Og.,con. 1st
_
•
do
do
registered
-
BONDS.
173
+70
Atchison ft P. Peak, 6s. gold..
Boston ft N. Y. Air Line. lBt m
Bur. ft Mo. Riv., land m. 7s....
do
convert 8s. var. ser.
Cairo ft Fulton, 1st 7s, gold...
California Pac. RR., 7s, gold
do
68,2am. g
Canada Southern, 1st m. conp.
small
do
tllO
Rochester C. Water bds., 1903
Toledo 8s. 1889-*94
Toledo l-SOs.
Yonkers Water, due 1903..
...
107% 107%
if*
Land grants, 7s.
Sinking fond...
Pacific R. of Mo., 1st mort...
„
do
do
7s, reg...
do
do
_
9
do
106
Suincy ft Warsaw 8s
.
91%
do
2d mort.
.C.C.C .Alnd’s 1st m. 7s,SF. 101%
91
do
consol, m. bds
Del. Lack, ft West., 2d m. ios
do
7s, conv. *102
do
mort.. 7s, 1907 101%
Bp- Bingh.ft N.Y. Ut,7s 100
Morris ft Essex, 1st. m.. 110
118
do
2d mort..
100%
do
83
bonds, 1900.
„
do
’aciflc Railroads—
Central Pacific gold bonds..
do San Joaquin branch
do Cal. ft Oregon 1st
do State Aid bonds
do Land Grant bonds..
Western Pacific bonds
Southern Pac. of Cal., 1st m.
Union Pacific, 1st mort. b’de
32
do
income +104
Joliet ft Chicago,1st m.
110
96
La. ft Mo., 1st m., guar..
St.L.Jack.* Chic.,1st m. 105%
115
Chic. Bur.ft Q. 8 p.c.,lstm 112
do
consol, m. 7i *112.
5s 8. f
do
Ch.Bk.1 ftP., s. f .lnc.6s,’95
do
.
*113% 114%
7s,coup... *119%
••••
09%
Chicago ft Alton 1st mort
do
do
.
25
4
Waterworks
Augusta, Ga., Ts. bonds.
Charleston stock 6s
Central Pacific, 7s, conv
Charleston, S. C., 7s, F. L.
Central of Iowa lstm. 7s,gold
33* 35% Columbus, Ga., 7s, bondB.
Keokuk & St. Paul 8s
*
tl00% 101* Lynchburg 6s
Carthage ft Bur. 8s
tioo% 101% Macon bonds, 7s
1105;
Dixon Peoria ft Han. 8s..
tl02
t....
Memphis bonde C
O. O. ft Fox R. Valley 8s.
iii
till)
Ronds A and B
+109% 110%
tsi"
Endorsed, M. ft C. RR..
linofs Grand Trunk ....
uo% Mobile5s (coups, on).....
109% 109%
Chicago ft Iowa R. Bs....
67%
8s
109% 110
(coupons on)
Chic, ft Can.South lstm. gTls.
15
21%
6s, funded
Chic, ft East. ill. 1st mort.) 6s.
59
55
*50
Montgomery,
new 5s
do
.‘2d m.
15
20
8s, 1882, s.f.
Harlem, 1st mort.
12%
ex coup
do
•
104
do
(Stock Exchange Prices.)
Boston H. ft Erie, 1st m..
do
guar. ...
Bur. C. R ft North., 1st 5s..
Minn.ft St.L.,1st 7s gna.
Chesa. ft Ohio 6s, 1st in...
m.
do
*
6s, 1887
do
6s, real estate...
do
6s, subscription,
do ft Hudson, 1st m., conp
do
do
lstm., res
Hudson R. 7s, 2d m., s.f., 11
Railroad Bonds.
do
....
Ss, ex matured coup
68, consol., 2d series
6s, deferred bonds
D. of Columbia 3*65s, 1914.
2%
■
2%
...
36
35
35
20
20
20
70
2
AN®
30
30
30
40
40
30
Tennessee 6s, old
do
6s, new
do
6s, new series.
Virginia 6s, old
6s, new bonds, 1866
6s,
do
1867
6s, consol, bonds
8
ISM
•
12
157
to
3
3
155
8
....
Southern lstm. 7s
do
consol. 7s
• •
25
Maryland Coal
Pennsylvania Coal
9*
105% ioe% Indianapolis 7-30s
Long Island City
Newark City 78 long
do
ios%
Water «s,long...
93%
Oswego 78
Poughkeepsie Water
equipment bonds.
....
•
9%
1885-98
Hartford 6s, various
105
Non-fundable bonds
16%
funding act, 1866
STOCKS
18
70
70
50
50
do
..A.ft O
do coup, off, J. ft J
do
do
off, A. ft O
109
Cons, reg., 1st.,
Cons, coup., 2d..
Cons, reg., 2d....
24%
23%
16%
do
.
do
123
Mlscel’ous Stocl
Atlantic ft Pac. Tel...
do
do
do
do
♦ -
..M
14
6s, 1917, coupon..'.......
66,1917, regist’d
Central of N. J., 1st m., n
106
104
-
....
do
-
18
do
do
+2
2d mort...
Lake Shore—
Mich S. ft N.Ind.. S.F., 7 p.c. 109% 109%
Cleve. ft Tol. sinking fand..
111
do
Ill
new bonds.... .109
Cleve. P’ville ft Ash., old bds *104
de
do
new bds
110
Buffalo ft Erie, new bonds... 110
Buffalo ft State Line 7s
.105
103
Kalamazoo ft W. Pigeon, 1st *100
Det. Mon. & Tol.,lst 7s, 1906. *109
112
Lake Shore Dlv. bonds
110
do
Cons. coup.. 1st.
113
98
do
Terre Haute ft
*
*
7s of 1888
*
Indianap. Bl. ft W., 1st mort...
•
.
do
-
45
Land C., 1389, J. ft J
Land C.. 1889, A. ft O...
•
As)
109
116
April ft Oct.
Funding act, 1866
T
•
•••
•
157
90%
f
t
•
Bid.
Rhode island 6s
South Carolina 6s
Jan. ft July
^
120
104% Elizabeth City, 1880-1905
103
do
do
2d dlv. + 107%
Cedar F. ft Minn., 1st mort.. +90
147% 148%
-
.
..
Dubuque ft Sioux City,1st m. t’07
65
01%
-
a
7*‘
~~
8XCUKITIKS.
.1891
Detroit Water Works 7s
+....
Illinois Central—
*
do
do
1892
do
.1898
North Carolina—
MISCELLANEOUS
.
104
pref
do
do
do
do
»
do
1868
New bonds, J. & J
ICS
do
A. ftO
Special tax, Class l
do
Class 2
do
106%
Class 3
106% Ohio 6s. 1881...-
107
206
109
105
105
....
31%
.
Ss
5s,
6s,
«
Ask.
114
114
do
A. ft O
N. C. RR
J. ft J
•
i04%
106*
...
AN®
•
106%
106% 106%
Erie, 1st mort., endorsed...
do
2d
do
7s, 1879
do
Sd
do
7s, 1883.
do
4th do
78,1830......
do
5th do
7s, 1888
do
81
78, cons., mort., g’d bds
do Long Dock bonds
28% Buff. nTy. ft E, 1st. m., 1916...
Han. ft St. Jo., 8s, conv. mort
82
83
iny
Alban;
•
•
102%
103%
do 1887
RAILROAD
Active preoi'ustyquot'
(A
71%
...
-.
do
*
*
-
10*
1892
Funding, due 1894-5.
Han. ft St. Jos., due 1886
103
i
-
-
*
«
..
is, goia, reg.... 1887
5s, do coup.. 1887
68, do loan... 1883
tfi
70%
69%
102%
1882 or’63
1386
1837
1888.
1889 or ’90....
do
do
S'
r
Bid.
b e.
par may
-
SIOTTBITIXS.
15
..
do
do
do
do
do
100%
7b, new bonds. ...
do
*
"
New York State—
tS8, Canal Loan, 1878
-'ft
.
108
Connecticut 6s
Georgia 6a
50
50
50
50
50
50
50
do
10
Ask.
Bid.
8KOCKITIK8.
Prices represent the per cent value, whatever the
BONOS.
2d mort. 8s
N. O. ft Jacks. 1st m. 8s..
Certificate, 2d mort. 8s..
Nashville Chat, ft St. L. 7s
Nashville ft Decatur 1st 7s
Norfolk ft Petersb.lst m As
lstmort. 7s,...
2d mort. 8s
Northeast., S.C., 1st m. 8s.
2d mort. 8s
•
••«
93
107
Orange ftAlex’drla, lets,6s
<18,68. .......... ...a....
3ds,8s
4 tbs,8s....................
•
.
20
Rlchm’d ft Petersb.lst 7s..
Rich. Fred, ft Potomac 6s.
mort. 7s
RIch.ft Danv. 1st consol.fs
Southwest.,Ga ,conv 7s,>6
Southwestern. Ga., stock.
S. Carolina RR. 1st m. 7s..
7s, 1902
......
ts, non mort
Savannah ft Char .1st m. 7s
Cha’ston ft Sav. 6b, end.
West Ala.2d m.8s, guar..
1st mort.
PAST DUE COUPONS
Tennessee State coupons..
South Carolina conso1.
80
...
Virginia coupons
Consol,
cniu)
.
.
.
...
Memphis City coupons....
*No price to-day; these ate latest quotations made tnis week.
8J
CHRONICLE.
THE
572
Insurance Stock List.
Stock List.
Bank
-
SECURITIES.
LOCAL
NEW YORK
fVoL. XXVI.
[Quotations bv K. S. Bailsy. broker. 7 Pine street ]
Capital.
Companies.
Mark’d thus (*)
are not Nat’i.
% mount
P*
dates.§
Broadway
Butchers’.* Dr.
Central
Chafe
Chatham
Chemical
Citizens’
City
....
Continental....
Corn Exct’ge*.
East River.....
11th Ward*....
Fifth
Fifth Av* nue*.
First
Fourth
Fulton
Gallatin...
German Am.*.
German Exch.*
Germania*
Greenwich*....
Grand Central •
Grocers*
Hanover
....
—
25
10
25
100
100
25
100
25
100
100
100
100
25
25
100
100
100
100
30
50
100
100
100
25
25
40
100
1.000,000 1,212,500 I. & J.
200,000 > 19,800 M. & S.
43.100 J. & J.
500,000
362,700 J. & J.
2,000,000
12,400
300,000
162,800 T.& J.
450,000
•
...
Metropolis*.
Metropolltaa..
Murray Hill*..
.
Nassau*
New Yor*
N. Y.County..
N. Y. N. Exch.
Ninth
No. America*..
North River*.
Oriental*
.
Pacific*...
...
Park
5,000,000 2,630,000
1,250,000 293,600
1,000,000 725,900
46,400
350,000
11,500
100.000
47,4(0
150,000
Q—J.
100,000 1&5.900
1,065,100
500,000
Q-j.
3,500,000 901,700 I. & J.
600,000 435,900 .M.&N.
651,300 A.& O.
1,500,000
49,300
date
68
Jan.,
Sept.
300
100,000
23,000 J.&
300,000
167,100
1,000,000
F. &
1,500,000 1,876,900 •J. &
124,400 -I &
500,000
8,100 J &
100,000
410,600 J. &
600,000
100
34,400
859,000
4,400
59,300
692,800
87,700
73,500
Gas and
J.
20,100
29,200 I.&J.
75,900 J. & J.
162,600 J. & J.
210,900
n
v
510JXK) J. & J.
147,800 J. & J.
161,100 J. & J.
•Jan.,
>7<»
May,
»7g. 3
’79. 0
,
145
103
141
4. •
1024
....
...
9
100
10
100
8
20
7
3
10
6*
10
6
....
10
24
6
F.&A.
F.&A.
J. & J.
J. & J.
J. & J.
J. & J
M.&.N.
J. & J.
J.&J.
M.&N.
336,900
664,800
....
...
_
r
-
....
'
a
«
o
•
...
....
*
200
117
75
120
•
7
7*
.
.
..
6
6
7
6
7
8
•
.
230
...
.
5
8
10
3
9
8
8
8
,3*
10
10
4
3*
••
t
•
•
•
•
•
*
...
....
....
•
•
....
•
....
•
•
•
•
205
,
Jan., ’78. 4
3
0
4
....
84
... .
5
8
8
3
6
....
....
....
34
4
24
3*
145
136
•
•
•
.
-
....
139
•
•
•
•
•
....
....
130
50
8
91
...
34 110
73
3
34
115
5
4
24 70
34 1074
Jan., 78. 4
Feb., ’78. 4
Jan., 77. 3
July, ’77. 3
July, ’74. 34
....
80
....
ore*
....
....
t
11
Jan., ’78. 5
12
Mav. ’7S
0
10
0
jau., *78. 3
Jan., ’78. 4
8
6
12
11
6
8
10
9
8
3
10
10
7
7
3
9
8
8
au
Jan., ’78. 3
July, ’74.
Feb., *78.
Aug. ’77.
Jan., ’77.
Jan.,’78.
34
3
24
3
5
.Jan.,’78. 5
Jan.,’78. 3
May, ’78. 34
Jan., ’78.
Jan., ’78.
May, ’78.
Jan.,’78.
T
*
....
85
108
...
»
Amount. Period.
|
25
20
1.C00
Metropolitan
ao
50
20
50
100
V r.
do
1,000
Manhattan
certificates
botdt
'Mutual, N. Y
bonds.
Nassau, Brooklyn
do
scrip
New York
do
do
bonds
do
do
certificates.
Central of New York
•
Williamsburg
do
2,000,000
1,200,000
Var.
Var.
320,000 A.&O
1,850 000 F.&A.
88-1,000 J. & J.
4,000,000 J. & J.
2,500,000 M.& 8.
i,ooo;ooo
M.&S.
500,000 •1. & J.
Date.
Rate
“scrip
Metropolitan. Brooklyn
Municipal
i>4
•
••
122
*
* * .
....
....
73
.
.
-
.
,
-V...
.
* * ^
....
....
....
...
*
*
,
^
.
©
„
....
...
5
3
Apr ’78 140
Jan., ’78 76
,
34 Apr., ’78
95
3
5
Feb., ’78 85
Jan., ’78 160
5
Feb
,
’78
Feb., ’78
34 Feb., ’78
34
1* Apr., ’78
5
.
100 5,000,000 Quar.
1,000 1,000,000 F.& A. 34g Feb.,
25 1,000,000
3
Yar
Jan.,
Ya
700,000 M.&N. 3* May,
100 4,000,000 M.&N. 4
May,
10 1,000,000 J. & J. 34 Jan.,
1,000
325,000 F.&A.
Var.
Jan.,
300,000 J. & J.
50
466,000 F.& A. 34 Feb.,
50 1,000,000 Quar,
2
Jan.,
Var. liooo’ooo J. & J. 34 Jan.,
100 1,000,000 M.&N. 24 Nov.,
100 1,500,000
%
Blacker 8t.dk Fultonterry—stk.
1st mortgage
1,000
Broadway dk Seventh Acs—stk..
100
Central FkJS.dk E. River—stk.
Consolidated mortgage bon s
Dry Dock, E. B. <±Battery—stk.
1st mortgage, cona’d
Eighth Avenue—stock
1st mortgage
lid St. dk Grand St terry -stock
1st mortgage
Central Cross 'iown- stock.
..
Houston. West st.dcJPavJ*y~stk
1st mortgage
Second Avenue—stock.
Sd mortgage
Cons. Convertible
Extension
,
•
.
►
Guardian
Hamilton
....
Hanover
Hoffman......
Home
Hope
Irving
Jefferson..
Kings Co.(Bkn)
Knickerbocker
LafayetteJBkn)
Lamar
Lenox
LongIsl.(Bkn.)
Lorillard
Manuf.& Build.
Mercantile..
Merchants’
Montauk (Bkn)
Nassau (Bklyn)
National
.
’78
’78
’78
’78
’76
’78
’78
’78
’78
’17
- 145
80
100
83
170
194* 196
128
13 i
100 x 102
103
100
70
75
95
102
70
80
93
97
98
102
25
30
90
964
75
84
75
85
95
90
95
100
60
67
94
97
OAA AAA
694,000 J. & J.
2,100,000 Q-J.
1,000 1,500,000 J. & D.
7
J’ly,1900
24 Apr., ’78
7
June. ’84 100
2,’o66’66o Q-F. 34 May, ’73
1,000
soojxx) M.&N. 7 Nov., ’80
100
Apr.,’78
200j000 Q-J. 3
A.&O. 3
10
100
1,000
100
100
400'000
800,000 J. & J.
500,000
1,800,000 J. & J
1,000
100
1,000
100
100
500
100
•
J. & J.
748JXX) M.&N.
236,000 A.&O.
600,000
200,000 M.&N.
7
1,000 1,200,000 J.&D.
100 1,200,000 Q-F.
500&C
100
7
3
7
2
7
0
7
5
7
900,000 J.&D
1,000,000 J.& J.
203^000
250,000
500,000
1,199,500
150,000
1.000 1,050,000
E00&C.
200,000
<»•«»••••
J. & J.
Q.-F.
A.&O.
M.&N.
A.& 0.
7
2
7
7
7
5
7
10
8
90
70
«
175
104
185
Oct., ’70 76
100
1888
65
Jan.. ’7a 50
95
1902
May, ’78 85
Jui.e, ’93 100
.....
...
Jan., ’78
Jan., ’84 160
May, ’78 120
Apr., ’93 105
40
NOV .1904 91
13
July, ’94 85
60
Apr., *78
Apr , *85 95
May, ’88 90
uot.. ’83 85
Mav, ’77 70
July, ’90 105
12
95
75
102
180
110
150
85
102
75
60
100
88
102
....
110
125
115
50
96
24
83
60
100
924
100
90
Prick.
Bid. Ask.
July, ’77. 5
Jan., ’78. 5
Jan., ’78. 7
50
Jan., ’78. 5
100
Jan , ’7?. 4
100
Jan., ’77. 5
Jan.. ’78. 5
50
Dec., ’77.10
25
Feb., ’77. 5
100
25
Feb., ’78.10
17
Jan.. ’78.10
'
20
Jan., ’78.10
70
17* Feb.. ’78. 5
210,000
Jan.. ’78. 6
100
18
250,000
30
5
July, !77. 5
300,000
100
5
Jar., ’77. 5
200,000
50
25
Jan., ’78.10
200,000
100
1,000,000 +89)*,436 9*80 1145 12 50 Jan., ’78.6 65
30
20
Apl., ’78.10
300,000 496,731 30
14
14
Jan , ’78. 5
100
96,572 14
200,000
10
10
3
100
—19,724
Jan., ’77. 3
200,000
20
15
80
111,728 15
Feb., ’78. 5
200,000
50
154.588 124 15
15
Jan., ’78. 7*
200,000
15
17
' 12
97,688 19
Jan., ’78 5
204,000
10
10
10
13,406 10
July, ’77. 5
150,000
12
10
12
12
80,783
Jan., ’78. 6
150,000
100
4,978
200,000
100
Aug., *76. 5
200,000 -28,235 io ‘ 10*
100
10
10
Jar., ’78- 5
1,000,000 686,951 10
50 q
10
30
30
Jan., ’78.15
500,000 653,039
50
20
20
Jan.. ’78 5
200,000 116,152 18
25
40
40 - Jat-., ’78. 7*
301,674 55
200,000
100
5
Jan.. ’77. 5
200,000 No fig’s.
10
Jan.. ’78. 84
100
10
200,000
25,019 10
20
15
20
Jan., ’78.10
150,000 129,148 20
Jan.,
10
10
’78. 5
500,000 553,398 10
50
10
10
10
Tan,, ’78 5
200,000
98,478
10
10
Jan., ’78. 5
3,000,000 1,016,703 10
10
25
10
If 0,000
Jan., ’78. 5
20,481 10
50
12
12
Jsfti., ’78 5
500,000
134,066 12
12
50
12
200,000
Jan., ’78. 5
104,159 12
100
10
13
13
Jan., ’78. 5
200,000
39,470
30
10
10
200,000
Mar., ’?8 5
+96,818 10
20
20
Jan.. ’78.10
20
150,000 196,000 20
40
10
10
Jau. >7o. 5
280,000
49,640 20
50
20
20
150,000 151,093 20
Jan., ’78. 8
100
10
10
200,000
Jao., ’78. 5
126,919 10
25
10
10
150,000
57,98o 10
Jan., ’78. 5
50
20
20
200,000 +134,946 16
Jan., ’78. 8
25
10
10
300,000
80,494 10
Jan., ’78. 5
11
12
Jsu., ’78. 6
200,000 192,806 10
100
14
14
20
Jan
’78. 5
250,000 208,004
,
100
30
30
200,000
268,204 30
Jail., ’78.10
25
20
20
Jan , ’78.10
150,000 177,028 10
50
10
10
200,000
49,942 10
Jan., ’78. 5
50
20
20
200,000 191,016 20
Jan., ’78. 8 ’
20
20
18
200,000 114,916
50
Jan., ’78. 7
25
20
200,000 211,737 20
Jan.. ’78.10
50
16
103.519
12
14
200,000
Jan., ’78. 5
374
20
20
Jan
210,000 323,996 20
35
’78.10
20
17
Feb.. ’78. 7
200,000 178,795 20
100
10
14
15
10
8
10
10
30
5
20
30
20
179.468 20
138,119 20
—17,877 10
2,008 10
164,803 20
10
25
15
10
8
10
10
20
10
20
20
20
20
20
10
10
25
10
15
15
10
4
5
10
20
5
20
20
20
.
Niagara
* 50
North River.... 25
25
Pacific
100
Park
Peter Cooper... 20
50
People’s
Pbenlx (Bklyn) 50
Produce Excb. 100
50
Belief
100
Republic
100
Resolute
200,000
150,000
150,000
1,000,000
200,000
200,000
300,000
200,000
200,000
200,000
200,000
200,000
100
25
100
102,561 20
206,026 20
108.888
789,612
3,256
55,755
+8,324
—18,150
60,747
203,785
116,943
14,484
20
io *
10
12
11
20
20
20
18
20
10
12
30
20
20
20
20
15
5
10
10
10
11
20
10
10
13
25
12H
15*
*
i§* iS*
10
isf*
20
16
July!
’77. 5
Jan.. ’78. 6
*
apr.,’78. 5
Jan., ’78.20
Jan., ’78. 6
Jan., ’78 10
Jan
’78. 6
Jan., ’7810
Jan., ’77. 3*
Jan.. ’78. 5
July, ’77. 5
•
....
....
190
170
170
115
110
.
.
ioo
85
205
180
60
*
55
152
136
100
190
v
105
i20
...
•
•
•
•
....
1174
125
103
45
100
45
50
115
150
108
f
t
50
00
135
130
ioe
....
140
103
90
150
•
•
•
125
100
leo
155
.
55
110.
60
60
160
125
70
135
100
..
106
.
iio
270
„
...,*
80
110
108
90
175
95
150
108
95
90
140
110
175
fcO
‘90
...
155
115
120
102
175
180
50
ioV
195
150
lib*
iis
no
200
105
180
,
July,
Jao.,
Jan.,
Jan.,
65
100
135
100
05
65
....
185
,
200,000 —26,018
-8.314 10 *
200,000
500,000 448,830 10
350,000 124.141 12
200,000 424,883 30
.
125
95
—
N.Y. Equitable
New York Fire
N. Y. & Boston 100
New York City 100
Safeguard
St. Nicholas....
100
750,000 M.&N.
115
1,000
415,000 J. & J.
130
100 2,000,000 Q-F.
May, ’78 120
102
v
7
*90il00
j;&j.
July,
1,000
,000,000
1st mortgage
100
Feb., *78 95 100
Twenty-thira Street—stock.
600,000 7 & j. 4
tflt
250,000 M.&V. 7
M«v, ’93 100 105
1,000
This column shows last dividend on stocks, but the date of maturity of bonds.
Sucth Avenue- stock
1st mortgage
Third Are lue—stock
u
100
1,000
1st mortgage
Greenwich....
UlVrDRKDS.
Pur pi up,
Jj»n. 1,
1878.*
1875. 1876. 1877.
Last Pail
18,356
200,000
22,314
200,000
t211,702
400,000
72,177
200,000
-9,613
200,000
No
fig’s.
200.000
109,572
200,000
300,000 392.121
200,000 No fig’*.
200,000 POO,'*4 2
153,000 204.888
300,000 +320,870
’78. 5
’78. 5
’78.10
’78 8
125
50
....
120
240
....
i 31
70
85
...
..
.
100
150
10
10
80
Feb.,’78 4 ’70
128
11-55 1235 July, ’77.6-23
112
15
128,752
17* Jan., ’78. 7* 100
10
10
Htb ,’78. 5
95
52,184
i20
20
16
Jan , ’78. 7
146,366 20
120
25
20
168,584 20
Jan., ’78. 5
16
18
228,643 16
Jan., ’78. 0 125
10
10
300,000
221,003 10
Jan., ’78. 5 100 ii4
20
20
190
200
408.142 20
•Jan., ’78.10
250,000
*
Over all liabilities, including re-insurance, capital and scrip.
+ The surplus
represented by scrip is deducted. — shows deficiencies.
25
Standard
Star
*
1st mortgage
Globe
Rutgers’
[Quotations by H. L. Grant, Broker. 145 Broadway.]
Brooklyn City—stock
1st mortgage
Broadway (Brooklyn)—stock,.
Brooklyn dk Hunter’s Ft—stock.
1st mortgage bonds
JBushwick Av. (Hklyn)—stock.
..
Mech’icsTBkn)
Bid. Ask
*
.
People’s (Brooklyn)
Farragut.....
Firemen’s
Firemen’s Fund
Firemen’s Tr..
Franklin.....
Gebhard. ...
German-Amer.
Germania.'...
Ridgewood
Par.
aertlficates
Exchange....
Manhattan
Mech.&Trad’rs’
City Railroad Stocks and Bonds,
Harlem
Jersey City & Hoboken
Eagle
Empire City.
Emporium..
80
anks.
Brooklyn Gas Light Co
Citizens’ Gas Co (Bklyn)
Commercial
.
93*
liO
80
....
5
4
.
75
nt3
129
3
4
Broadway..
Brooklyn...
Citizens’.
City.........
Howard
....
fft#
12
12
10
10
7
Brewers’ & M..
Guaranty
.
....
,
6*
...
115
....
.
6* Jan., ’78.
Jau., ’78.
Feb.,’78.
July. ’75.
Jan., ’70.
?4 J am, ’78.
9
Jan., *78.
2* May, ’77.
7* Nov., ’77.
6
May, ’78.
7* Jan., ’78.
6* July, ’77.
Jan., ’70.
10
Jan., ’78.
Oct
’75.
May, ’78.
0
7* Jau ’78.
...
•
Jao., ’77. 3
Jan., ’78. 34 101
200
Jan
’787 7
12
8
12
9
...
•
Bowery
Columbia...
...
*78. 3
Arctic
Atlantic
...
225
’74. 3
’78. 5
’77. 0
Amity
Clinton
...
Amount
loo
....
....
•
3
7
14
8
8
3
14
10
77,400 J. & J.
Gas Companies.
do
Adriatic...
vEtna
American.
....
....
78
150
Apr., ’78. 34 110
Feb.,
May,
May,
May,
•
•
•
[Ga* Quotations by George H. Prentiss, Broker, 30 Broad Street. I
do
V ar.
...
«4 Jhi 1., ’78. 84
10
May, *78. 5
10
7
.
*
apl., ’78. 3
7*
6
....
...
....
6* July, ’77. 3
July, ’76. 3
10
Oct., ’77. 2*
10
85
98
....
Jan.,
May,
’“8. 3
>78.15
Jan , ’78. 3
May, »78. 5
Jan., ’78. 4
Jan., ’76. 3
Feb., ’78. 5
.
70
’77. 4
’78. 34
....
....
297,500
135,300
57,400
67,400
241,100
50,700
170,100
nil.
duly,
Jau.,
12
...
’78. 8
’75. 5
....
....
nil.
200,000
16th for the .-tate
-1
M.&N.
M.&N.
M.&N.
J. & J.
j. & J.
•J. A J.
J. & J.
A.& O.
M.&N.
J. & J.
J. & J.
F.&A.
224,000
8
8
JO
8
....
J.
J.
J.
J.
1,0?3,100 F.&A
J.
&
J.
8,100
75,400 J. & J.
284,600 J. & J.
93«.500 J. & J.
77,200
122,800
191,800
815,400
....
....
18,000 M.&N.
2,000j)00
March
Jan
May.
May.
54.000
200.000
100
25
412,500
20 1.000.000
Produce*
100! 200,000
Republic
100 1,500,000
St. Nicholas... 100 l.000.P00
Seventh Ward. 100 300,000
Second
too
300.000
Shoe A Leather 100 1.000.000
Sixth
100
200,000
State of N. Y.. 100
800,000
Third
100 1,000,000
Tradesmen’s... 40 1,000,000
Union
50 l,v 00,000
West Side*
12
16
31,200 F.& A.
750,000
200.000
200,000
100
400,000
100 1,000,000
25 2,000,000
50
500,000
25
600,000
100 1,000,000
50 1,000,000
50 1,000,000
100
500,000
100 3,000,000
100
200,000
100 1,000,000
100 3,000,000
100
200,000
10W 300,000
100
750,000
70
700,000
50
240,000
25
300,000
50
422,700
Peoples’*
Ihenlx
•
& J.
M.&N.
-I. & J.
f. & J.
F.&A.
J.& J.
I. & J.
1,000,000 1,52*3,300
50
Market
Mechanics’
Mech. Assoc’n.
Mech’ics* Tr.
Mercantile
Merchants’.
Merchants’ Ex.
.
15 *,800 J
600,000
Island City*... fO
Leather Manuf. 100
Manhattan*..., 50 2,050,000
Manuf. &Mer.* 60
100,000
Marine
.
300,000 3,089,200 Bi-m’ly
Imp.* Traders’ 100
living
8
9
7
12
Companies.
900
inn
Bull’s Head*...
Bid- Ask
Last Paid.
Period 1876. 1877.
100
100
.......
Commerce
Capital.
lUlv5v
3,000,000 1,451,700 1. & J.
5,000.000 1,231,000 M.&N.
100
250,000 207,200 F. & J.
America*
Am. Exchange
Bowery
d
Net
PdlCE.
1 lvrnKNns.
Surplus
at
200,000
200,000
200,000
200,000
150,000
250,000
50
100
!00
Sterling
25
Stuyvesant
Tradesmen’s.... 25
United States.. 25
Westchester... 10
50
Wllllamsb’g C
10
160 044 11-6
ttff
\f*
*
»
♦ *
t
,
.
.
....
City Securities.
[Quotations by Danikl A. Moran, Broker, 40 Wall 8tre«t.l
INTXRXBT.
Now York:
Water stock
1854-67.
Croton water stock. .1845-51.
do
do
..1852-60.
Croton Aqued’ctstock. 1866.
pipes and mains...
do
due.
Bid. Ask
Feb., May Ang.& Nov. 1878-1880 100
^..1841-68.
do
Priok.
Bonds
Months Payable
Rate.
6
5
6
6
7
6
5
6
7
6
6
7
6
7
do
reservoir bonds
Central Paik bonds. .1853-57.
do
on
..1858-65.
1870.
Dock bonds
do
l-“75.
Floating debt stock— 1860.
Market stock
1865-68.
Improvement stock.... 1869
do
^
co
....1869.
Consolidated bonds
var.
Street imp. stock
var.
do
do
,.»....var.
7
New Consolidated
Westchester Coanty
?"•
%s■
do
do
do
do
,
do
do
1878-1879 100
do
103
104
109
107
101
100
116
106
do
i860
1883-1890
1884-1911
1884-1900
May & November.
Feb.,May Aug.&Nov. 1907-1911
do
1878-1898
do
1877-1895
do
do
May & November.
1901
101
102
101* 102*
1898
100
1878
Feb.,May, Ang.& Nov,
1894-1897 117
May & November,
105
1889
do
do
1879-1890 102
do
do
108
1901
do
do
1888
do
do
102*
do
do
1879-1882 102
H8
1896
January & July,
1894
106
do
do
105
103
117
108
103
107
117
108
101
118
1G6
114
109
105
105
109
107
[Quotations by N. T. Bricks, Jr., Broker. 2s wall st.1
Brooklyn-Local impr’em’i—
City
••• «-•-*.••••*••••• •
do
Park bonds.
Water loan bonds
••
*.•*•*••••
•••••
Brtrip,p hnndn
Water loan.:...
......
.....
flity hnnriB
Wing. (Io. bonds
"do
do
Bridge
•All
Brooklyn bonds flat.
*
7
7
7
7'
7
0
6
7
6
6
0
Jin nary &
do
do
do
July,
do
do
do
do
do
do
do
<10
do
May & November.
do
<to
*
January a July,
do
■
,!
do
’ ' V.
"
1878-1880 101
1881-1895 105
1915-1924 118
118
1903
118
1915
1902-1905 108
1881-1895 104
1880-1883 103
1880-1885 102
103
1924
1907-1910 108
[Quotations by C. Z abriskir, 47 Montgomery St., Jersey City.]
Jersey City—
101
1895
January & July. Watex loan, long., .........
1899 1902 108
do
1869-71
January A Juiy.
100
1877-1879
do
do
Sewerage bonds.
1866-69.
107
1891
Jan., May, July 6 Nov.
Assessment bonds...1870-71.
1905
1074
J. A 3. and J A D.
Improvement bonds...
105
1900
January and July.
Bergen bonds
1863-69.
/
104
113
H9*
119*
119*
109*
107
108
106
110
no*
102
109
101
103
106*
106
573
THE CHRONICLE.
1878.J
June 8,
A8S€tS.
Construction and
“
The Investors’ Supplement is published ou the last Saturday
of each month, and furnished to all regular subscribers of the
Chronicle. No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular
subscribers. One number of the
up with The Financial
in that shape.
ANNUAL
The
REPORTS.
Kentucky Central.
(For the year ending April 30, 1878.)
following, from the annual report of this company, may
prove more interesting from the fact that little
ever been furnished in regard to its affairs :
•
Freight
$197,683
416,417
18,721
•.
Express...
United States mail
Other tonrces
information has
13,881
1,632 | Taxes
j Repairs
$648,342 I Renewals
Total.
...
Net
The
:...
123,537
69,215
3,805
6,873
50,458
30,798
Total
Balance for the year
Deduct for coupon interest
$116,901
$401,648
*
$246,694
73,150
$173,544
profits for the year
receipts have been $53 133 leas than those of the year
endiDg April 30, 1877.
4,004
;
15,692
8,998
$6483,955
....
Liabilities.
Capital stock
Bonds payable
Wages for April
Unclaimed dividend
.
•
$5,000,000
1,015,000
15,365
272
Due to Maysville & Lexington Railroad,
Unsettled back expense accounts
N. D
2,482
Coupon interest not claimed
2,548
2,555
.
$6,068,223
Total
Leaving balance of assets
Balarce to credit of
Road expenses
Train expenses
stations and office expenses.
Losses and damages
S. D
Total
EXPENSES.
RECEIPTS.
Passengers....
Cash in hands of Treasurer
Due from Adams Express Company
Due from United States, for mail
Balance due from Maysville & Lexington Railroad,
Unsettled book accounts
Cost of surveys for extension
...
Materials at iailroad shops
Supplement, however, is bound
Review (Annual), and can be purchased
$5,245,0:0
800,000
2,655
5,590
82,468
1,550
1,128
*...
16,878
equipment
Maysville&Lexington Railroad. S. D
Stock in Maysville & Lexington Rai.road, S D
Due from agents and other sources
over
$115,732
liabilities of
profit and loss account, May 1, 1877, as per last
$156,631
173,544
report, near
Profits for year
IS?7.
Total
Deduct for paymen s
$320,175'
made during the year of fcnr dividends ai?d
224,443
sinking iuLd 0876)
Result
There is now due on the
Balance on 1876
Ass. for 1877.
$115,732
Sinking Fund-
$18,000
30,000—
48,000
$67,732
Leaving
The
following directors were elected : Hon. George H. Pendle¬
ton, Hon. J. W. Stevenson, William Ernst, Elliott H. Pendleton,
Robert B. Bowler, Charlton Alexander
all of the stock was represented, 43,256
and Peter Zihn. Nearly
shares being voted out of
The Cincinnati Southern Railway was opened for business to
Somerset on the 21st day of July, 1877, and the Kentucky Central
Railroad ceased to operate the road from Lexington to Nicholasville. The freight to and from that point aud its vicinity,
a
general freight agent says that a close examination will show that
The directors submit a report from their general manager,
General Adna Anderson, upon the operations of the road for the
first year of its owcership A>r this company. “ This company
took possession of its property February 1, 1877, by viitue of its
destined for Cincinnati, was then diverted from the Kentucky
Central Railroad, and since that time the competition for freights
to and from Lexington has been active.
The report of the
while the loss of the Nicholasville road and the competition at
Lexington have caused to some extent the diminution of earn¬
ings, the general stagnation of business and the depressed condi¬
tion of all the industrial interests of the country have also
worked efficiently in that direction.
MAYSVILLE & LEXINGTON RAILROAD.
Earnings of the Northern Division, for the past year, have been
$92,034. The freights contributed by that road to the Kentucky
Central Railroad have realized $43,344.
The extension of the Covington Flemingsburg & Pound Gap
Narrow-guage Railroad will add to the business of the Maysville
road, and thus increase its value as a feeder.
The General Assembly of Kentucky, at its last session, granted
Maysville & Lexington Railroad, Northern
accepted at a meeting of the owners and
bondholders, and thereupon the organization under the geneial law was superseded by au organization under this act of
organiz ttion.
Since the last annual report there have been issued, under the
terms of the compromise, fifteen shares of the preferred stock,
and seventy-three shares of the common stock.
The amounts provided by the compromise were five thousand
shares of the preferred stock at a par value of $500,000, and
.forty-five thousand shares of common stock at a par value of
$4,500,000. The suit which attacked the compromise is still
pending in the Court of Appeals. During the past year twentyeight thousand shares of the stock of the Maysville & Lexington
Railro d Company, Southern Division, have been purchased,
leaving outstanding only one hundred and forty shares, of the
par value of $7,000.
The surveys to London from Lexington, and the re-surveys of a
portion of the route to Richmond from Paris, have been comple¬
ted, and a full and final report has been submitted by Mr. Gunn,
the engineer in charge. Much valuable information, not only as
a
charter
to the
Division, which
was
to the route and cost of construction, but of the
resources
and prospects of the coun’ry, has been collected.
The Board,
however, is not at this time prepared to make any recommenda¬
tion for the action af the stockholders.
The general subject of extension to the seaboard is very
important, and is commended to the thoughtful consideration of
the stockholders and of all other parties who are interested.
The reduced receipts of the past year have stimulated the
closest economy in the management of the road.
A committee of
the Board examined the force and the methods emp’oyed in
every department of the road.
Wherever it was practicable retrenchment of expenses was
made. Salaries have been cut down, the working force has been
reduced, the materials and supplies have been purchased with
great care. The repairs and renewals have been made r with
reference solely to the proper maintenance and the safe and effi¬
cient operation of the road.
The General Assembly of the State of Kentucky at its last
session passed an act entitled * An uct to amend the charter of
the
Kentucky Central Railroad Company, approved April 9, 1878,
;bein£ chapter 911.” The Board recommends to the stockholders
to reject
said amendment.
secretary’s report.
The financial condition of the company at
is
as
follows:
the close of the
year
possible 48,054.
Paducah & Elizabethtown.
(Far
purchase thereof at
a
year
ending Jan. 31, 1878.)
foreclosure sale made to satisfy the claims
of the holders of the main line bonds of
the former Louisville,
Paducah & Southwestern Railroad Company. It is to be regret¬
ted that at the sale in question it was net possible to acquire also
the branch from Cecilia to Louisville, which passed to' the
ownership of the Louisville & Nashville Railroad Company.
The railroad of the Paducah & Elizabethtown Railroad Company
became consequently entirely dependent for access to Louisville
upon the Louisville & Nashville Railroad Company, and it is
gratifying to the directors to report that entirely harmonious
relations have subsisted and continue between the two com¬
panies.” Of the original 3,000 Elizabethtown & Paducah Rail¬
road bonds 2,853 joined in the purchase and reorgan
the holders are now owners in the new company. Of
zition, and '
the remain¬
ing 147 it is believed th-tt the greater number have
lected their dividend from the fund in court.
The
earnings and operating expenses were as follows:
•
From
From
From
From
From
since col¬
Earnings.
freight
pat sengers
mails
....
....
....
express
miscellaneous
Total
....
$2)4,123
85,942
12,528
5,4)7
2,233
For
For
F
t
Operating expense9.
freight transportation... $41,451
passenger tran-portatiou
9,928
maintenance of way and
116 738
structures
For motive power and cars...
For general expenses
$340,265
9 »,820
23,261
$282,197
Total
earnings, $58,067; per cent operating expenses to earn¬
ings, 82 9; length o' road operated, 1857 miles; earnings per
mile of road, $1,832; operating expenses of road, $1,519; net
Net
earnings of road, $312.
“The net earnings of the year were $58,067, from which there
have to be paid interest and sinking fund upon the company’s
first-mortgage bonds amounting for the year to $22,150, leaving a
balance of $35,917 available to pay taxes and for interest on the
company’s income bonds.
The claims actually made by the State and the counties for
The General
taxes would more than absorb this entire balance.
Assembly has, however, passed an Act which it is hoped will
secure a more equitable assessment in the future, and negotia¬
tions are now pending for a c mpromise or adjustment ot the
taxation for the, past year. Until these are brought to a result
the directors are unable to divide any balance by way of dividend
upon the income bonds.”
Since the termination of the first fiscal year the directors haye
sold an additional amount of $30,000 first mortgage bonds to
cover expenditure upon capital account shown in the accounts
annexed hereto. The probable requirements for expenditure on
capital account for the current year, so nearly a9 can be now
“
foreseen,
are as
under:
$1,681
8,500
Excess expenditure of first year not covered..
Cost of two locomotives purchased in February
Claims already paid for r-ght of way, etc
Additions to shops and new machinery
Additional side-tracks
Purchase of 100 coal and 25 box-cars now
872
8,000
v
rented from Kentucky Car
6*325
Company
26,395
Total....
I46J74
and to meet this outlay the directors propose to sell
time further first mortgage bonds. It should,
from time to
however, bo
574
THE CHRONICLE.
—
—■■
--
-
-
:-
"•
1
-
*•
•
remembered that the
foregoing estimate is only approximate, and
«ircmnst&nces may render necessary an increased outlay.
The amount of $5,003 has been paid over to the trustees of the
first mortgage, and a drawing to select five bonds for
payment
will take place daring the month of Jane. The numbers of the
rVOL XXVT
=~
—-
==
■
•drawn bonds will be announced by advertisement.
y
INVESTMENT
March
NEWS..
Total..
1878.
Atchison
-
=
—
$224,198
192,894
February
GENERAL
■
Delaware & Hudson Canal Leased Railroads*—A
statement
from the Secretary of the Del. & Hud. Canal Co. h&B
just been
published in London, showing that the business of the railroads
owned and leased by the
company was for the first three months
of 1877 and 1878, as follows:
1877.
Expenses. Net Em’ga.
Earning-*.
Janna
January
February
Topeka & Santa Fe.—Topeka, Kan., June 3.—
A special dispatch to the Commonwealth says that the
great rail¬
road war that has been raging in Colorado for the past two
months has been brought to a practical termination
by a concur¬
rent decision rendered Saturday by Judges Dillon and Hollett.
The controversy has been between the Denver & Rio Grande
....
$287,283
183,423
$18,951
71,242
106,058
$600,515
$196#1
$203,972
$83,261
166,110
153,309
March
Total
$523,391
Increase in
105,645
100,785
$289,691
net
earnings for three months over corresponding
period last year $93,440, or over 47 per cent. The earnings and
expenses of the Albany & Susquehanna Railroad were for the
same period as follows:
Company and the Atchison Topeka & Santa Fe Company, over
the posesBion of the grand canyon of the Arkansas River for the
purpose of connecting their res ective lines. The canyon is very
narrow and its walls very
high, so that practically but one road¬
bed can be built through. Judges Dillon and Hollett decide the
1877.
Earnings.
January
February
$63,375
49,541
March
Srior& R.right
occupation
the A. T.way
& S. through
Fe Co., and
the
G. of
Co.
acquired isnowith
particular
the that
canyon.
>.
Total
The former company is now in possession of ths
disputed ground,
with a large force ot workmen grading an extension of its line to
Leadville. The D. & R. G. have quietly withdrawn their forces.
Expenses. Net
1878.
January
February
March
Ern’gi.
44,781
17,731
32,609
$157,697
$5^,791
$49,017
32,963
$25,668
36,183
27,651
29,193
Buffalo N. Y. & Pkila.—Messrs. Gates and Jewett, represent¬
Total
$118,168
$82,512
ing the Buffalo New York & Philadelphia Railroad, have
Increase in net earnings for three months over
purchased a controlling interest in the Pennsylvania Division of
corresponding
the Olean Bradford & Warren Railroad, and the two roads will period of last year $31,721, or over 62 per cent.
hereafter be operated under one management.
Detroit & Milwaukee.—The Secretary of the London Com¬
'
mittee of the Detroit and Milwaukee bondholders intimates
that
of a total of $4,500,000 of mortgage bonds assents
have
Canada Southern.—The election for directors was held at St.
Thomas, Ontario, June 5, resulting as follows: W. H. Vanderbilt,
out
already been received to the agreement with the Great Wtstern
Railway of Canada to the amount of $1,318,000 held in America
and Canada and $2,594,000 held in E lgland,
making a total of
month.
It is said to be beyond doubt that the Vanderbilt interest nearly 87 per cent of the old debt.
has secured control of the Michigan Central, and that
Great Western Railway of Canada.—At a general
Vanderbilt,
meeting
after the annual meeting of the Michigan Central, about the end of the shareholders held in London
April 30, 1878, it was
of this month, will take the presidency of both roads.
resolved—
Cornelius
Vanderbilt, Augustus Schell, E. D. Worcester, Sidney
Dillon, W. L. Scott, E. A. Wickes, J. Tillinghast and S. F. Barger.
The election for president will take place in New York this
Central of New Jersey.—The directors of the Central Rail¬
way of New Jersey appointed John
Brown Brothers, and J. D.
S. Kennedy, J. Edgar Johnson,
Vermilye, president of the
Merchants' Bank, trustees of the new funded mortgages, in
accordance with the provisions of the plan of adjustment. J. S.
Barnes, G. G. Haven and F. A. Potts were elected trustees in
place of Franklin A. Comly, Richard J. Dobbins and Henry Lewis,
resigned. Another meeting will be held on Wednesday, June 12,
when, it is said, the entire success of the reconstruction plan will
be announced, 80 per cent of all the securities
having already
of
assented.
,
“ That the report and accounts for the half-year ended January 31,
1873, this
day submitted, be received and adopted, and taat
a dividend on the prefer¬
stock at the rate of 5 per cent per annum be now declared, and on
the
ordinary shares at the rate of % per cent per aunum for the half -year, payable
in London on the 8th May.”
ence
Also—
“That.the directors be and they are hereby authorized to carry out the
arrangements between this company sndth^ Galt & Guelph Railway Company,
referred to in paragraph 15 of the report, whereby this company is to
pay the
sum of $12,00 \ in consideration of wh-ch the Galt and
Guelph Company are to
surrender the whole of the shares, and satisfy all outstanding liabilities.”
The meeting was then made special.
It was moved and resolved that the proposed
arrangements
with the Detroit & Milwaukee Railroad and its bondholders be
sanctioned and approved.
Chicago & Northwestern.—The annual election was held in
Chicago on Thursday. The directors whose terms expired were
Jay Gould, William L. Scott,Harvey Kennedy, S. M. Mills, John
Illinois Central.—The annual meeting of the shareholders of
Bloodgood and J. L. Ten Have. Messrs. Gould, Ten Have and the Illinois Central Railroad Company was held at the office of
Scott were re elected, and Messrs. D. P. Morgan, Frank Work the President, in
Chicago, recently.
There were only
and C. J. Osborne, all of New York, were elected in place of the five shareholders
present.
Sol. Smith acted as chairman,
others. J: H. Howe and H. H. Porter, whose terms had not and J. C.
Welling performed the duties of secretary.
expired, handed in their resignations, and Perry H. Smith, of The amount of stock voted was 153,000
shares, out of
Chicago, was elected to the place vacated by Porter, and David a total of 290,000.
The Dutch proxies were voted by
Jonts, of New York, was elected to succeed Mr. Howe. The new President Ackerman, and represented $6,413,900. Messrs. W.
board organized and re-elected Albert Keep President and M. L. H.
Gebhard, A. R. Yan Nest and John Elliott, of New York, the
Sykes, Jr., Secretary and Treasurer, with S. 0. Howe as Assistant three directors whose terms of office expire this month, were
Secretary and Treasurer in New York, and J. B. Redfield, Assis¬ re-elected to serve until May, 1881. The acts of the board of
tant Secretary in Chicago.
Marvin Hughitt will remain General directors since the last annual meeting were formally approved.
Manager. The new Executive Committee is composed of Jay The annual report, which was published through the press and
Gould, David Dowe, W. L. Scott, D. P. Morgan and Frank Work. otherwise in
February last, was also approved but the three thou¬
The World despatch says: “ The total number of shares voted was sand shareholders
having been provided with copies of it, the
311,008 out of a possible 416,478. That is to say, of a total reading of the document was dispensed with.
capital of $41,647,800, $31,000,000 were represented. It is
A memorandum was submitted by President Ackerman,
showing
reported that of this the Gould-Dillon party voted some $13,000- that the gross earnings of the road for the present
year to date
000 and the Amsterdam Dutch the remainder."
have been $411,000 in excess of the total for the
corresponding
period
la3t year. The total gross earnings down to the thira
Chicago Bock Island & Pacific*—At the meeting of stockholdwrs held in Chicago, June 5, the old board of directors was week in May footed up $2,556,000. The President stated that
the same careful attention to the expenses of
re-elected. A committee of directors was appointed to
operating the line
carry out that had been observed
the instructions of the following preamble and
by the different heads of departments
resolution, which
were adopted by the stockholders :
during the previous year had resulted in a greatly-increased
revenue thus far within the
present year. He also stated that a
Whereas, By economical management, this company has in a long series of
considerable portion of last year's crop still awaited shipment.
years accumulated a surplus amounting to several millions of dollars; and,
Whereas, a large portion of such surplus has been invested in connecting lines This, coupled with the present condition of the
growing crops,
•of railway which form a part of the railway system of this
both in Illinois and Iowa, gave promise of an increased traffic for
company, while
they are owned by separate corporations having separate capital stock, which
the remainder of the year. The condition of the road has been,
stock is now under control of »he
company; and.
Whereas, It is the judgment of the stockholders that the capital which has he said, considerably improved since the first of ths year, and the
been so invested should oe apportioned to the
capital stock of this company ; equipment in all respects properly maintained.
therefore,
,
/
Resolved, That the Board of Directors is hereby instructed to make some
lawful arrangement for such apportionment of the capital
etnck which repre8:nt8 such connecting lines as will entitle thj stockholders of this
company to
receive snch dividends as may be applicable thereto.
The annual report is said to show net
Louisiana
Supr
State
Bonds to
Mexican
Gulf Canal*—The
Court, at New Orleans, has decided that the Louisiana
State Bonds, issued in aid of the Mexican Gulf Canal,are not legal
earnings of $3,511,356; obligations and cannot be funded. The question arose in a suit
gross earnings, $7,895 870; an increase over last year's gross brought by the New York Guaranty & Indemnity Company to
warnings of $41,303.
compel the State to fund $250,000 of these bonds.' The decision
Colambns Chicago & Indiana Central.—At the annual meet reverses a former decision of the same court by which $210,000
ing of stockholders held in Columbus, O., June 5, the following of the bonds have already been funded. The ground of the last
decision i* that the conditions imposed by the act under which
persons were elected directors: Adrian Iselin, F. R.
Fowler,Henry
Morgan, John Bloodgood, J. W. Kirk, Alexander Taylor, jr., John the bonds were issued were not complied with, and that the
Thompson and B. Thompson, of New York; J. T. Thomas, of bonds were therefore null and void, even in the hands of innocent
Philadelphia; J. N. Converse, John S. Newman, and Omar New third purchasers.
man, of Indiana; B. E. Smith, John Gardner, William Jameson
Michigan Central & Canada Southern.—Tue Detroit Tribune
nd Ralph D. Smith, of Ohio.
says : ** The Michigan Central & Canada Southern management
me
4653781
THE CHRONICLE.
June 8, 1878. J
will remain substantially, as they aye now.
be undisturbed. H. C. Wentworth will be
The employes will
general passenger
agent of the line and Frank. E. Snow will be his assistant. Bat
one up-tovrn office will be maintained, and that wHl be in the
new board of trade building aad will be in
charge of C. A. War¬
The line between Detroit and Buffalo will be shortened
twenty-four miles by building a spur from Sandwich to Essex
Centre, a distance of about fifteen miles. This road would strike
Detroit river about opposite the Michigan Central yards, and
thus shorten the distance for ferriage, and at the same time
ren.
afford the shortest route for the tunnel.
The establishment at
Grosse Isle will be retained for Toledo and Wabash business.
Now that William H. Vanderbilt has got control of the Michi¬
gan Central, it is in order to inform the public what is going to
be done under the new regime. In the first place, there will be
no sudden or extreme change of policy.
Things will go on just
575
J. McCook, Wm. H. Rhawn and Wjm. S.
Shurtleff, has issued a
circular, in which they give the following statement of indebt¬
edness:
First mortgage bond a
Preferred bonds
Compons claimed by Fairbanks & Co
Land damages, pay-rolls, supplies and
working
Unadjusted claims
$2,800,000
420,000
233,982
204,261
expenses*
51993
General indebtedness
Fairbanks & Co., financial agents.
Total
The
92,896
631,128
:
$3,937,261
earnings of the road for six
years
Earnings.
1872
have been:
Expenses.
$53,141
$66,483
77,822
81,307
79,712
105,808
117,310
83.313
81,914
80,680
about
Net
Def.
Net.
Net.
Net
Def.
Def.
or
deficit.
$13,841
5,520
607
767
as they have been going on for the past two or three
104,1C8
1,700
years.
112,735
4,575
Michigan Central will preserve its friendly relations with all
Six years
connecting lines. Of course the bulk of its business will‘be
$515,923
Def.
$528,445
$12,523
given to to the Canada Southern, and the Great Western will
Most of the time the road has been in an unfinished
have to depend a little more on its own resources for
condition.
picking up The committee finally agreed
upon a compromise plan, which is
business, which it is preparing to do by getting the Detroit &
Milwaukee Road, and thus opening a sharp competition at Mil¬ substantially as follows:
The committee are
constituted trustees to represent the bond¬
waukee, and by a steamship line from Grand Haven to Chicago.” holders’
interests, and in case of foreclosure or sale by a strict
New Orleans Mobile & Texas (Western Division).—'This foreclosure a new company is to be formed, which shall issue
road was sold in New Orleans, May 31, by the United States $1,250,000 new 6 per cent bonds, and such amount of 6 per cent
Marshal, for $350,000, to L. H. Terry, representing a committee of preferred and common stock as may be necessary. To holders
of
bonds 62^ per cent of the amount of their
the first mortgage bondholders, Jos. Seligman, E. D.
holdings
Morgan, willpreference
be given in new bonds; to holders of first
Henry Morgan, George Bliss and Harrison Durkee. That portion
mortgage
bonds
who
did not assent to the preference
between Morgan City and Vermillionville was not sold, as in the
mortgage 51 per cent, and
to
those
who
did assent 41 per cent of their
suit of Morgan’s Railroad Company the order to sell was revoked.
present holdings.
All bondholders to receive
The
New York Central & Hudson.—At the election of directors
held in Albany, June 5, $64,000,000 of stock out of $90,000,000
voted on, and the following were elected directors :
William H. Vanderbilt, Cornelius Vanderbilt, William K. Van¬
derbilt, Frederick W. Vanderbilt, Augustus Schell, Samuel F.
was
•
preferred stock for the balance of
their present bonds and interest,
except that when bonds were
hypothecated, not sold, the amount of the loan shall be taken,
instead of amount of bonds. Preferred stock to be issued
also
for other lien claims. Common stock to be issued
for all unse¬
cured claims.
The agreement to become
binding when signed
Barger, Joseph Barker, Chauncey M. Depew, John E. Burrell, by holders of a majority of all the bonds, and bonds are then to
be deposited with the Union Trust
James H. Rutter, all of New York City ; Chester W.
Company of New York. All
Chapin,
parties
Springfield, Mass.; George J. Whitney, Rochester; James M.
signing the agreement to pay, when required, an assess¬
ment of not more than 1
Marvin, Saratoga Springs.
per cent on their bonds or claims, to
For Inspectors of Election—Sidney T. Fairchild, Cazenovia; defray expenses.
Interest on the new bonds for three years to
be funded in
Henry R seboom, Rochester; Francis S. Pruyn, Albany.
interest-bearing certificates.
New York City Fanded Debt Bill.—Governor Robinson has
signed the bill kuown as the New York City Funded Debt Bill.
This will enable Comptroller Kelly to undertake the
important
work of consolidating the city debt into a long bond at a low rate
of interest.
N. Y. Lake Erie & Western
(Erie).—President Jewett has
issued his executive order No. 1, as president of this
company, in
which he announces that the present officers,
agents and em¬
Port Royal Railroad.—This, railroad was sold under fore
closure, June 6, at Port Royal, S. C., and was purchased by the
Union Trust Company of this city for
$500,000.
St. Paul
&
Pacific.—Davenport, Iowa, June 1.—Judge
Dillon to-day issued an order to J. P.
Farley, receiver of the St.
Paul & Pacific Railroad, to extend the main line to
Cemina, 65
miles, and the branch line from Melrose to Fergus, 81 miles. The
grade of both extensions was built prior to 1873, when a receiver
was appointed.
The sum of $500,000 iB lo be borrowed to tie,
iron and bridge the extensions.
ployes of the receiver of the Erie Railway shall continue to dis¬
charge the duties of their respective positions for the new com¬
pany until otherwise ordered.
Selma Marion & Memphis.—Notice of the sale of this road at
The work of laying a third rail from
Waverly to Jersey City— Marion,
on July 8, ia advertised.
a distance of 356 miles—is
Thejiotice says : “There
going on, and the company expects to will also Ala.,
be sold a few bonds and
have it completed in two months. A third rail is
coupons
on Pickens County in
already laid this State. Terms of sale: All the
from Waverly to Buffalo, 167 miles; and when the entire
property
will be sold together
length for not less than
of the road has received its third rail, Mr. Jewett
$75,000; $10,000 in cash, and the balance to be
says that the
paid at such time as the Court shall direct, in money or in such
old rolling stock of the company will be utilized on the
present State indorsed bonds of the
Company as shall be allowed by the
guage, and that new cars and locomotives will be built as they
Register.”
are needed.
The Erie reconstruction trustees in London have
lately issued
following comparative statement of earnings and working
expanses of the Erie Railway for January and February, 1877 and
the
1878:—
Gross earnings
Working
January, 1877.
;
$1,052,712
1,041,671
expenses
Net earnings
Net
expenses
earnings.
The net
$1,304,018
959,793
$11,041
$314,224
February, 1877. February, 1818.
$1,039,300
$1,121,411
Gross earnings
Working
January, 1878.
857,844
804,847
$181,456
$816,564
Southern Maryland Railroad.—The sale of this
railroad,
advertised to take place June 5, was
again indefinitely post¬
poned.
Toledo Peoria & Warsaw.—The
Purchasing Committee of the
Toledo Peoria & Warsaw Railway
Company will pay at the Farm¬
ers’ Loan and Trust Company on. and after June
6, a sum equal
to tie
quarterly interest due, April 1,1878, on the
bonds of the road, as provided in the
agreement
tion dated June 13, 1877.
first mortgage
for reorganiza¬
9
Union Pacific and Other Roads.—The New York Tribune
An important combination of railroad interests west of the
says:
Missouri River is reported, by which the Union Pacific,
Kansas
Pacific, Denver Pacific, Colorado Central, Denver & Rio Grande,
St. Joseph & Denver City, and St. Louis Kansas
City & Northern
Philadelphia & Reading.—The following is the official com- railroad companies are to work in harmony. “ Recently,”
said a
parative statement of the Philadelphia & Reading Railroad Co., Union Pacific director, “the Kansas Pacific
road required financial
showing the gross receipts (tonnage and passenger) during April, aid. A large amount of notes indorsed personally
by some of
and for five months, Dec.
its directors was assumed by the Union Pacific Railroad
1 to April 30 :
Com¬
———April
pany, and the latter company’s notes were substituted in the
Gross Receipts.
1877.
1878.
Decrease.
Boatmen’s Savings Bank at St. Louis.
Railroad traffic
Daring the past week, an
$1,160,898
$903,765
$257,133 agreement has been entered into
Canal traffic
by
which*all
the interests of the
104,825
• 56,599
47,726
Steam colliers
7,
62,075
28,116
33,959 Union Pacific, Kansas Pacific, St. Louis Kansas City & Northern,
Richmond coal barges
12,821
2,548
10,273 Colorado Central, Denver Pacific, St. Joseph & Denver
City and
the Denver & Rio Grande railroads will be
Total
consolidated, and will
$1,340,119
$991,028
$319,091
pass substantially into th- control of Jay Gould.
And the following gives the
Sidney Dillon
gross receipts for the current and
Jay Gould are to meet the managers of the roads mentioned
year to May 1:
at Kansas City, Mo.,
where the details of the combination are to
Five Months.
Gross Receipts.
be
settled and the necessary legal papers executed.”
1877.
1878.
Decrease.
Railroad traffic
This combination will place under the control of the
$4,200,761
$3,862,198
$338,563
; Canal traffic.
managers
138,098
76.394
61,704 of the Union Pacific
Steam colliers
road, including leased lines, the following
286,851
22-1,390
62,461
Richmond
earnings of the five months of the financial
period last year by $797,935t
ceed those for the same
year ex¬
.
.
/—•
"
......
/
coal
Total....
barges
1.
....
.
27,250
26,776
474
$4,652,960
$4,189,758
$463,202
Portland & Ogdensburg (Vermont Division).—The bondolders’ committee,
consisting of Messrs. Louis Fitzgerald,
eorgeE. B. Jackson, Charles W. Hassler, Henry D. Hyde, John
miles of road:
Union Pacific
Kansas Pacific......
Denver Pacific
Denver & Rio Grande
Total
01
1,088
672
106
850
this, 2,957 miles of road
Colo ado Central
St. Joseph & Denver City
St. Louis Kan. City & North’n.
237
227
525
3JS55
are
built and in operation.
THE CHRONICLE.
576
■glue CmtumeruM ff'imcs.
Friday, P. M., June 7, 1878.
The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below.
For the Week ending this evening (June 7), the total receipts have reached 12,380
COMMERCIAL EPITOME.
June 7, 1878.
Friday Night,
[Vol. xxvi.
bales, against 18,220 bales last week, 19,732 bales the previous
Nearly all the life to business is week, and 20,097 bales three weeks since, making the total
in the export movement and the speculation in staples of agri¬ receipts since the 1st of September, 1877, 4,208,484 bales, against
3,915,033 bales for the same period of 1876-7, showing an increase
culture and manufactures which the extreme low prices current
since Sept. 1, 1877, of 293,451 bales.
The details of the receipts
are calculated to promote.
Recuperation from the prolonged for this week (as per telegraph) and for the corresponding weeks
depression which has prevailed in commerce and manufactures of five previous years are as follows:
seems to have fairly begun, but as yet it makes slow progress.
1874.
1875.
1876.
1877.
1878.
Receipts tbis w’k at
The following is a statement of the stocks of leading articles
3,501
4,484
1,775
New Orleans
2,655
2,593
of domestic and foreign merchandise at dates given:
271
669
268
575
935
Mobile
General trade is very
quiet.
'
Beef
Pork
Lard
Tobacco, foreign
Tobacco, domestic
bbis.
Coffee, Rio
Coffee, other
Coffee, Java, &c
Sugar
Sugar
Sugar
MeTado
Molasses, foreign
Molasses, domestic
bags.
94,986
58,415
hhds.
,
...
hhds.
No
Cotton
Rosin
Spirits turpentine
Tar
21,693
mats.
:
55,600
23,905
69,116
21,358
21,706
rtfllvAaiftn
,
54,926
85,250
31,564
28,491
106,000
28,652
13,728
33,764
670
938
271
2,223
4,922
9,C03
95,300
165,0. 0
2,000
171,000
152,503
18,169
1,667
2,195
1,125
3,147
3,0C0
1, 50
96,288
16,500
4,640
10,600
Jute
Jute butts
Manila hemo
Port
5,677
2,255
4,7dO
Saltpetre
4,273
7?,673
51.129
None.
bbls.
Rice, domestic
3,221
94,466
63,906
14,203
152,000
32,331
1,741
Linseed
May 1.
28,263
84,588
37,794
386
134,900
6,950
3,630
17,294
53,7
584
827
126
150
32
1,755
1,417
1,386
1,177
2,811
1,218
753
827
513
4,156
18.200
66
93
4,201
2,549
7
6
116
338
245
2,115
6
...
Total since Sept.
....
2,936
1,004
2,673
3,303
284
67
49
41
58
12,380
9,390
10,456
13,869
12,962
'
City Point, &c
Total this week
....
129
....
Norfolk
1,564
807
596
North Carolina
1,900
120,800
7,300
„
1,353
2,103
Florida
1,790
3,700
207
7
iDdianola, &c
Tennessee, &c
1. 4,208,484 3,915,033 4,028,470 3,422,294 3,727,987
The exports for the week ending this evening reach a total of
29,679 bales, of which 24,787 were to Great Britain, 3,820 to
France, and 1,072 to rest of the Continent, while the stocks as
made up this evening are now 254,223 bales.
Below are the
stocks and exports for the week, and also for the corresponding
week of last
season:
39,320
in mess pork, with consider¬
able speculative activity, and sales to-day at $10 on the spot; algo
2,500 bbls. for future delivery at $10(3)10 05 for July, $10 05(3)
10 10 for August, and $10 20(3)10 25 for September. Lard has also
materially improved, with a large speculative demand, mainly on
Western account; the sales to-day were at $6 97£@7 02£, spot and
July ; $7 05@7 10 for August, and $6 97£ for all the year. Bacon
is higher, with some revival of demand; Western long and short
clear together quoted at 5$@oic.
Cut meats are up 4@lc. per lb.
Beef is quiet, but beef hams show further improvement. Tallow
is higher at 7|c. for prime.
Stearine has been active and closes
higher at 7±@7fc. for prime. Butter declined to 15@20c. for
prime to choice, and 6@12c. for inferior to fair, but the close
is firmer. Cheese sold lower, but closes firm at 6@9c. for fair to
choice factories.
Tobacco has been more active for all grades of domestic growth.
The business for the week in Kentucky is 800 hhds., of which
650 for export and 150 for home consumption. Prices are with¬
liigs quoted at 2£@4|c., and leaf 5£@13c., as in
The movement in seed leaf has been quite active, and
sales for the week are 2,988 cases, as follows: 2C0 cases, 1877
crop, New Eng., seconds and fillers, 10@6c.; 300 cases, 1876 crop,
New England, 10£ to 30c.; 1,750 cases, 1876 crop, Pennsylvania,
9^ to 20c.; 124 cases, 1876 crop, Ohio, 10c.; 200 cases, 1877 crop,
Ohio, private terms; 374 cases, 1876 crop, State, 5 to 11c. ; 40
cases, 1877 crop, Wisconsin, private terms; and 100 cases
sundries, 5 to 18c. Spanish tobacco was quiet, and the sales were
only 450 bales Havana, at 80c.@$l 10.
quality.
There has been a fair business in Rio grades of coffee; prices
declined early in the week, but latterly a steady and satisfactory
tone prevails. Fair to prime cargoes are quoted at 16@17c. gold.
Mild grades have sold in a s'eady jobbing way, with previous
EXPORTED TO—
Week
There has been a further advance
out variation ;
319
68
Royal, &c
Savannah
135,000
164,664
23,612
2,562
'
445
Charleston
June 1.
5,000
bbls.
Rice, E. I
f
£0,372
44,403
25,661
hhds.
1873.
1878.
1877.
June 1.
ending
Great
Britain.
June 7.
3,738
13,188
N. Orl’ns
Mobile..
....
1,204
Cliarl’t’n
Sa van’ll.
....
4,739
Galv’t’n-
....
....
....
-
....
....
....
•
....
....
....
2,341
—
....
1877.
2,341
2,341
60,801 112,169
7,607 18,362
2.156
4,748
3,607
5,694
6,550 24,137
15,346 146,751 156,274
4,751
6,324
4,280 22,000 35,000
29,679
36,252 254,223 362,708
16,626
....
....
1,204
....
....
....
.
•
1878.
1877.
17,856
930
,
....
142
NorfolkOther*..
nent.
82
3,315
N. York.
Conti¬
France,
STOCK.
Same
Week
Total
this
Week.
4,739
.
....
...
....
Tot. this
1,072
3,820
24,787
week..
Tot.since
Sept. 1. 2070,391 485,795 662,773 3218,959 2869,867
*
The exports this week under the head of ‘other ports” include, from Baltl
more. b73 bales »o Liverpool; from Boston, 1,520 bales to Liverpool; from San
Francisco, 146 bales to Liverpool.
In addition to above exports, our telegrams to-night also give
•
us
of cotton on shipboard, not cleared, at
named. We add also similar figures for New York,
prepared for our special use by Messrs. Carey, Yale &
the following amounts
the ports
which are
Lambert, 60 Beaver street:
*
On
June
7, at—
Liver¬
pool.
Mobile
,
Savannah
Galveston....
....
New York
Total
France.
Other
Coast¬
Foreign
wise.
Leaving
Total.
7,000
2.000
2,750
None.
None.
2,500
1,000
21,500
3,750
None.
None.
None.
800
800
None.
None.
None.
None.
3,700
None.
5,965
None.
16,450
7,000
7,965
10,000
New Orleans
Shipboard, not cleared—for
Stock.
39,250
None.
3,857
2,807
6,550
9,665
137,086
4,300
35,715
189,550
11,291
36,092
219,*695 11,514
346,876 145,829
*
prices retained. Rice is quite firm and in s’-eady sale. Molasses,
From the foregoing statement it will be seen that, compared
both foreign and domestic, has been quiet; the former is in more
with
the corresponding week of last season, there is a decrease
liberal supply and quoted somewhat easier; 50 best Cuba refining,
35c. Refined sugars have been fairly active and steady at 9fc. in the exports this week of 6,573 bales, while the stocks to-night
for standard crushed. Raw grades have met with a fair and are 108,485 bales less than they were at this time a year ago. The
steadv sale at more regular figures ; fair to good refining Cuba, following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to May 31, the latest mail dates:
7*@7ic.
■
'
There has latterly been a liberal movement in ocean freights;
EXPORTED SINCE SEPT. 1 TO—
RECEIPTS SINCE
SEPT. 1.
Stock.
tonnage has been offered less liberally, and all rates are firmer,
Ports.
Other
Great
Total.
France.
particularly those for charter room.
Engagements to-day
Britain.
1876.
Foreign
1877.
included : Grain to Liverpool, by steam, 7£d. per 56 lb?, and 8£d.
299,263 1386,096 80,281
per 60 lbs.; flour, 2s. fid.@2s. 9d. per bbl.; cheese, 40s. per ton ; N.Orlns 1357,086 1166,782 773,004 313,829
7,389
cotton, 15-64d. per lb.; grain to London, by steam, 9£d. per 60 Mobile. 408,403 355,217 103,635 26,146 31,566 161,347
4,420
304,670
103,584
lbs.; flour, 3s.; grain to Hull, by steam, 9fd. per 60 lbs.; flour, Char’n* 455,858 466,429 130,731 70,355
5,901
351,346
138.748
36,351
176,247
585,159
468,258
3s.fid.; grain to Havre, by steam, 22c., gold.; do. by sail, 5s. 9d. Sav’h..
-
-
do. to Copenhagen, 6s. 3d.; refined petroleum to the
Philadelphia to the Baltic, 5s.; do. in
cases from Philadelphia to Gibraltar for orders, 28c. gold.
There has been little or noth‘ng of importance going on in the'
per qr.;
Galv.*.
439,036 498,069
181,433
26,971
Baltic, 4s. 9d.; do. from
N. York
141,531
119,826
305,316
5,468
Florida
14,199
20.367
market for naval stores ; at the close, however, prices were firm
and spirits turpentine higher, owing to similar advices both from
London and Wilmington; quoted at 30£c.; common to good strain¬
**
N. Car.
Norfk*
Other..
140,869
498,159
155,804
127,832
543,809
139,054
......
......
1,780
1,075
35,007
154,684
185,547
.
"\
......
19,890
2,929
18,338
56,677
158,688
203,885
603
5,910
23,500
2045,604 481,975 661,701 3189,290285,347
$1 45@$1 52£. Petroleum has continued quiet and.un¬ Thisyr. 4196,104
changed, at 7*c. for crude, in bulk, and 11 Jc. for refined, in bbis. Lastyr.
3905,6431995,905'436,334 401,376 2833,615'413,774
Lead is very weak and lower, at 34c. currency for domestic, with
Unaer the head of Charleston is Included Port Royal, &c.: under the head of
liberal offerings and little business. Ingot copper is somewhat Galveston Is included Indianola, 4c.; under the head of Norfolk Is deluded City
Point, &c.
more steady, with 156,000 ibs. sold at 16|c. for Lake. Hides have
These mail returns do not correspond precisely with the total
latterly been more active and steady ; the sales to day included
the telegraphic figures, because in preparing them it is always
of
2,100 dry Montevideo at 19c., gold, 4 months. Whiskey closes
necessary to incorporate every correction made at the ports.
ftt f 1 07|, tax paid.
ed rosin
•
THE CHRONICLE.
1878. j
June 8,
There has been
further advance in cotton
some
the spot
on
the
past week. Quotations were on Saturday marked up £c., to life,
for middling uplands, and at the same time it transpired that the
business for the Continent (referred to in our last as privately
reported) amounted to about 3,600 bales of medium and good
grades to Reval. Besides this, the export business was small,
but the demand from home spinners was very good.
Yesterday,
however, the market became dull.
To-day, the market was
quiet, but ordinary was advanced ^c., and strict ordinary, good
ordinary and strict good ordinary |c.; stained £c. higher for all
grades except middling. For future delivery, prices rather tended
upward to the close of Wednesday’s business, but with a fever¬
ish tone and wide and frequent fluctuations. Monday was notably
weak after
some
advance
on
the two previous business days.
Ba
Ot*.
es
1,100.
577
Fales.
6.400
:..
ipso
1,800. ........1151
2,L00
1152
15,400
3,900
Cts.
11*69
11*70
Bale?.
11-71
11-72
3,200
2,300
Cts.
1111
11-13
900
600
11-15
700
600
11 53
11-54
2,000
1,500
3,200./.
11-55
11-56
11-57
11-58
11-59
11*60
11*61
11-62
11-63
11 04
110 >
1 l"f 6
109,800
11-67
6,800
11 68
3 000.
11*35
1,800
3,000
11*36
11*37
11*88
11-39
1140
11-41
11-42
3,600
7,600.
3,100
5,300
3,000
1,700
4i400
3,400
7,600.
1,600
1,600
2,100
.
50ft.
For September.
500
11-25
900
11-26
500
11-27
1,000...
11-.8
900
700
11-29
11-30
2,400
2,300
11-31
11*32
5 200
57^300
mostly
11-14
.
.
11-'ft
1,200
1,500
1,500
11-17
1118
1119
600
11*20
11*34
Cfc«*
11*04
100
11-05
’500.
ii-ftft
24,400
Fr r Ja nary '
600
il-OO
100
1102
200
11-C4
100
1105
200.
11-P.ft
19,700
11*83
....
Bale?.
1,800,....
.
For November.
200
200
200
10 95
10 96
1,600
4,300
10 98
11-00
100
200
11-01
100
400,
11*0*3
200
400
11-03
*
1,203
10*97
F
»r
Februarv.
11-09
For Ma-cb.
Tuesday and Wednesday showed an advance, which was
4,300
11-04
500
...11-25
For
on Thursday.
August.
2,700
Many of the bulls have been selling to realize
1,700
11*53
4,200....
500
7,700
profits and close accounts. Some of the more conservative oper¬ 2,100
11*54
2,400
1,000
ators thought the time had arrived when a re-action might
11-55
1,600
For December.
For April.
3,500
11*56
200
10-90
1,000
11*43
200
11-25
naturally be expected. The second attempt upon the life of 2.200
11*57
100
11-26
1,200
10-92
200
11*58
500
.10*93
200
11-26
45,200
Emperor William, of Germany, and the excitement which it
1,300
11*59
1,700
10-94 !
200
11-31
caused on the Continent, had a disquieting influence. A feature 14,900
For October.
11*60
11-34
5,100 .........10*95
100
100
1104
11*61
of the week has been the greater strength of the next crop, as 10,400
4,900
10*96
11*35
200
400
11-05
7,500
11*62
200
10-97
100
11-38
11-63
700
11-06
1 900
10-96'
compared with the present, and it will be noticed that at the 6 200
2.000
11-64
1,300
11-07
1,700
10-99
close last evening there was an advance of 3@5 points from
1,100
9,900
11*65
1108
2,200
11-00
For May.
2,500
October to April over the previous Friday, but a decline of 1@3
8.300...
rll’66 1
800
11*09
100
11-01 1
100.
11-38
1.000
700
11-02 1
11 10
4,800
11-67
points from June to September, inclusive. Unusually large sup¬ 6,100
11-11 j 1,000
11-68 1 1,200
11-03 1
100*
plies of the new crop are expected in August, and even though
The following will show the closing prices bid for future
the crop should be 5(35£ million bales, it is argued that the
increase will not more than compensate for the deficiency of other delivery, and the tone of the market at three o’clock P. M., on
countries; and, besides, it is claimed that European political the several dates named:
MIDDLING UPLANDS—AMERICAN CLASSIFICATION.
affairs will soon be more peaceful. This is the current talk of
Fri.
Sat.
Mon.
Tues.
Thurs.
Wed.
Fri.
the street, and we give it as such.
To-day, the market opened
Market— Higher. Higher. Lower. Firmer. Firmer.Lower. Var’ble
weak, in sympathy with the early Liverpool report, but that June
11*53
11*57
1152
1157
11*51
11*59
11*56
market improved, and we recovered part of the decline of
July
11*59
11*63
11*65
11*61
11*63
11*58
11*55
lost
.
.
.
...
yesterday.
August
The total sales for forward
delivery for the week are 290,700 September
October
bales, including — free on board. For immediate delivery the November
total sales foot up this week 11,244 bales, including 3,893 for December
export, 6,388 for consumption, and 963 for speculation.
Of January
the above, — bales were to arrive.
The following tables show February
March..
the official quotations and sales for each day of the past week:
April
UPLANDS.
Saturday, June 1,
Sat.
to Friday, June 7.
Mon
9*s
Strict Ordinary... 95s
Good Ordinary. .. 10*9
Strict Good Ord... 1058
Ordinary
Low
$ lb.
11
Middling
ALABAMA. N: ORLE’NS
Sat.
Mon Sat.
9*8
950
10*8
1050
9*8
950
10*8
1050
1050
11
11
11
9*8
950
10*8
Mon
9*4
9*4
9%
9%
10*4
10%
11*8
10*4
10%
11*8
TEXAS.
Sat. Mon.
9*4
9*4
9%
9%
10*4
10*4
40%
10%
11*8
S.l*8
113i6 11316 113*6 113*6 115i6 115i6 llSie 115*6
Strict Low Mid....
1138
Good Middling.... 11%
Strict Good Mid... 12*ie
Middling
1130
11%
1130
1130
11%
11%
11*3
11*2
11*2
1170 1178
12*16 12*16 12**6 12316 12316
129i6 12*16 12*16 !2*16 }2**16 12**16
13*16 13*16 13*16 13*16 133i6 13316
Middling Fair
Fair
11*2
1170 1170
123J6 123,6
12Hi6 12**16
133i0 133lfl
11*63
11*33
11*67
11*38
11*62
11*34
11*67
11*06
10*94
10*93
11*12
11*00
10*99
11*09
10*97
10*96
11*16
11*03
11*01
11*00
11*07
11*03
11*14
11*03
11*09
11*07
11*16
11*16
11*21
11*17
11*24
11*27
11*21
11*27
11*26
11*31
11*29
11*35
11*32
11*38
11*37
11*45
11*29
11*40
11*37
11*44
11*55
11*60
11*55
11*60
11*60
11*55
11*60
May
Transfer orders
Closed—
Steady.
Gold
10138
4*82
Exchange
Ordinary
$ lb.
Strict Ordinary..
Good Ordinary....
Strict Good Ord...
Low Middling
Strict Low Mid....
9*8
950
10*8
1050
9*8
950
10*8
1050
9*8
9*8
950
10*8
1050
950
10*8
1050
11
11
11
11
~
9*4
9%
10*4
10%
11*8
10*4
10%
11*8
9*4
9%
9*4
9%
10*4
10%
11*8
10*4
10%
11*8
11316 11316 11316 11316 115i6 115i6 115*6 11B16
1130
Middling
Good Middling.. . 11%
Strict Good Mid... 12*16
11*0
1130
1130
11*2
11%
11%
11%
1178
11*2
Fair
Tb.
9*8
950
$ lb.
Strict Ordinary...
Fri.
9*8
9%
10*4
10%
Fri.
Tb.
9*8
9%
10*4
10%
9*8
950
-
Good Ordinary.... 10*8
Strict Good Ord... 1050
Low Middling
11
Strict Low Mid.... 11316
Tb.
10*8
1050
9*4
934
10*4
10%
11*2
11*2
1178
12*16 12*16 12J*6 123j6 123i0
12»i6 12*16 12*16 12*16 12**16 12**16
13*16 13*16 13*16 13*16 13316 13316
Middling Fair
Ordinary
9*4
9%
1178 1178
123,6. 12316
12**16 1211*6
13Sie 133i0
Fri.
9*2
Tb.
Fri.
9*3
9*4
9%
10*4
10%
11*8
970
1030
107g
11*8
978
1030
1078
11
11
11.
11*8
11*8
11316 113*6 11316 11516 llSie 11&16 H516
1130
1138
1138
1130
Middling
ll*s
11*3
11*2
11*3
Good Middling.... 11%
11%
11%
11%
U7@
1170
117S
1170
Strict Good Mid.
12*16 12*16 12*16 12**6 123i6 123i6 123,0 123,6
.
Middling Fair
Fair....
12*16 12*16 12*16 12*16 12**16 12**16 12**16 12*i*6
13*16 13*16 13*16 13*16 133!6 13316 133J0 133166
STAINED.
Sat.
Good Ordinary
Strict Good Ordinary
Low Middling
Middling....
39 fl>.
..
Mon Toes Wed
Tb.
9*8
9*8
9*8
9*8
9*8
950
10*8
10^0
9»0
10*8
9®0
10*8
107g
950
10*8
107fi
10*8
1O70
Fri.
9*4
9%
950
107g
.
10*4
107g
MARKET AND SALES.'
8ALES OF SPOT AND TRANSIT.
SPOT MARKET
CLOSED.
Ex-
•
port.
Sat.. Quiet, higher
3,528
Mon.. Quiet, unoh. quo..
Tues.. Steady, unch. quo.
Wed.. Firm........
Thurs Dull, unch. quo...
Fri. Quiet, revis.
quo..
Con- Spee- Tran¬
sit. Total.
sump ul’t’n
187
200 2,095
747
i'0‘6 1,629
35
30
Total.
824
361
160
39
268
906
%
3.893 6,388
963
.
FUTURES.
4,076
2,455
....
Deliv¬
eries.
48.800
61,600
36.600
37.600
55,300
50.800
1,100
11,244 290,700
5,350
786
1,997
966
964
....
Sales.
2,6o6
900
900
450
'For forward delivery, the sales
(including
free on board)
have reached
during the week 290,700 bales (all middling or on
the basis of
middling), and the following is a statement of the
sales and prices:
_
,
Fo*Ji
Bales.
-
100 i.n.i
100 s.n.j
800
Bale*.
c t*.
700..
11*49
IPO sn.IO.h 11*50
.
800.,
.....
...11*50
2,600.,
2.900.,
1,300..
11*52
Bales.
Cts.
700
1,300
2,700*.-.. ....11-56
11-57
2,700
....11*58
1,100
1,300
...11*59
.
1,900
Bales.
....
100
For
11*59
11*30
11*19
11*11
11*06
11*05
10*96
10*96
11*11
11*19
11*01
11*11
11*65
11*38
11*18
11*05
1105
.11*09
11*16
The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s returns, and consequentlybrought down to Thursday evening; hence, to make the totals
the complete figures for to-night (June 7), we add the item of
exports from the United States, including in it the exports of
Friday only:
1878.
Stock at Liverpool
Stock at London.
Total Great Britain stock
Stock
SI ock
Stock
Stock
1876.
.
1875.
844,000 1,157,500 1,103,250 1,108,750
232,750
217,250
196,750
151,000
5,750
12,000
8,000
8,500
50,000
57,000
89,750
82,250
15,500
13,750
7,000
16,500
43,500
72,250
56,000
43,000
64,000
42,250
61,500
61,500
.
at Havre
at Marseilles
at Barcelona
at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other conti’ntai ports.
Total continental
ports....
11,250
6,500
21,000
15,500
6,750
17,000
15,500
17,500
28,250
10,000
4,250
15,000
441,750
475,750
483,750
370,000
Total European stocks.. ..1,285,750
India cotton afloat for Europe. 220,000
Amer’n cotton afloat for Eur’pe 212,000
Egypt,Brazil,&c.,aflt for E’r’pe
Stock in United States ports
Stock in U. S. interior ports,.
United States exports today..
..
.
Total visible
1877.
832,000 1,109,000 1,049,000 1,002,000
12,000
48,500
54,250
106,750
15,000
254,223
20,640
5,000
1,633,250 1,587,000 1,478,750
337,000
218,000
27,000
362,708
34,722
8,000
320,000
569,000
214,000
25,000
354,528
50,947
8,000
245,000
65,000
262,767
28,717
2,000
supply.bales.2,012,613 2,620,680 2,559,475 2,651,234
descriptions are as
Of the above, the totals of American and other
follows:
American—
Liverpool stock
645,000
711,000
Continental stocks
American afloat to
378,000
212,000
254,223
20,640
395,000
5,000
8,000
Europe
United States stock
United States interior stocks..
United States exports to-day..
218,000
362,708
34,722
614,000
347,000
214,000
354,528
50,947
8,000
600,000
190,000
245,000
262,767
28,717
2,000
Total American...:..bales.l,514,863 1,729,430 1,588,475 1,328,484
East
Indian, Brazil, <£c.—
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, &c., afloat
Total East India, &c
Total American
187,000
12.000
63,750
220,000
15,000
398,000
48,500
80,750
337,000
27,000
435,000
54,250
136,750
320,000
25,000
402,000
106,750
180,000
569,000
65,000
497,750
891,250
971,000 1,322,750
1,514,863 1,729,430 1,588,475 1,328,484
Total visible
Price Mid.
supply
2,012,613 2,620,680 2,559,475 2,651,234
6d.
Upl., Liverpool:...
6%d.
6d.
7*fed.
These figures indicate a decrease in the cotton in sight to-night
of 608,067 bales .as compared with the same date of 1877, a
decrease of 546,862 bales as compared with the corresponding date
Ct«.
11-61
11-62
of 1876, and a decrease of 633,621 bales as compared with 1875.
At the Interior Ports the movement—that is the receipts
and shipments for the week, and stocks to-night, and for the
11-49
statement:
23,600
500
11*69
11*40
Dull. Steady. Steady. Easy. Steady. Steady.
100^8
100%
10078
IOO^s
101
101
4*82% 4*82% 4-82%
4*82
4.82*3 4*82*a
Toes Wed Tues Wed Tues W ed Tues Wed
=
11*39
corresponding week of 1877—is set out in detail iu tfte following
July.
THE CHRONICLE.
578
Week
[VOL. XXVI
much
damaged as the lowlands. Grass is fasf becoming master
fields. Blooms are observed in places. Average ther¬
Receipts Shipm’ts Stock. Receipts Shipm’t8 Stock.
mometer, 80, highest 92, and lowest 69. The rainfall for the
week is one inch and ninety-four hundredths, and for the month
485
134
820
1,376
4,010
4,489
Augusta, Ga
123
374
33
3,253 of May seven and four hundredths inches.
Columbus, Ga....
1,096
1,069
14
54
17
712
1,455
1,861
Macon, Ga
Vicksburg, Mississippi.—The thermometer has ranged from 95
234
540
121
138
1,972
2,023 to 68 during the week,
Montgomery, Ala
averaging 80. Rain has fallen on two
131
280
57
93
656
1,550
Selma, Ala
605
9.270
1,232
3,362
Memphis, Tenn..
2,654 19,448 days, the rainfall reaching one inch and thirty-seven hundredths.
575
134
80
182
1,287
Colunibus, Mississippi.—Telegram not received.
Nashville, Tenn..
2,987
Little Rock, Arkansas.—It was cloudy, with light rains, on
6,066
2,794
20,640
Total, old ports.
5,668 34,722
1,101
Monday, Tuesday, Wednesday and Thursday, although the re28
55
58
160
maining three days have been fair and pleasant. The thermom¬
Dallas, Texas....
62
66
196
15
324
542
eter has averaged 74, the extreme range being 87 and 64.
Jefferson, Tex.
The
175
257
119
183
487
713
Shreveport, La
rainfall has reached thirty-six hundredths.
250
246
304
202
735
763
Vicksburg, Miss.
Nashville, Tennessee.—The days have been warm but the nights
13
20
175
5
28
192
Columbus, Miss..
125
165
525
have been cold during the week, the thermometer averaging 74
699
Eufaula, Ala
24
350
129
7
Griffin, Ga
and ranging from 64 to 84.
It has rained on two days, the rain¬
95
234
80
Atlanta, Ga
58
1,535
1,766 fall
50
322
714
reaching thiity hundredths of an inch. We have had a rain¬
300
87
683
Rome, Ga
fall during the month of two inches and thirty-three hundredths.
190
263
325
22
33
275
Charlotte, N. C...
858
St. Louis, Mo
1,479
4,311
6,546
4,134
385
Memphis, Tennessee.—Rain has fallen on two days this week,
h
3,232
Cincinnati, O
3,310
5,294
2,441
2,977 10,319 the rainfall
reaching nine hundredths pz an inch, and it is raining
The cotton plant looks strong and healthy and the crop
5,156
Total, new p’rts
6,755
13,514
3,395
9,105 22,787 to-day.
is developing promisingly. The thermometer has ranged from 64
Total, all
I 7,950 12,821 34,154
4,496
14,773 57,509 to 93,
averaging 79.
Tlie above totals show that the old interior stocks have
Mobile, Alabama.—It has rained lightly on one day and on
decreased during the week 3,272 bales, and are to-night 14,082 Tuesday we had a thunder and hail storm, the hail stones weigh¬
bales less than at the same period last year.
1 he receipts at the ing from half an ounce to an ounce. The balance of the week
has been partially cloudy.
same towns have been 1,693 bales more than the same week last
Accounts from the interior are con¬
flicting, but the crop appears to be developing promisingly. The
year.
Receipt* from the Plantations.—Referring to our remarks thermometer has averaged 83, the highest having been 38 and the
lowest 72.
The rainfall for the week is one inch and seventyin a previous issue for an explanation of this table, we now
bring seven
hundredths, and for the month four inches and ninety hun¬
the figures down one week later, closing to-night:
dredths.
ending June 7, ’78.
Week
ending June 8, ’77.
in many
..
..
....
....
m
m
m
•
•
.
•
m
t
RECEIPTS
Week
endingMar.
Receipts at the Ports.
1876.
2.
1877.
68,615
50,742
44,537
32,366
30,397
26,287
21,183
ii
12.
88,215
78,380
65,441
62,933
59,912
55,804
41,620
Si
19.
30,920i 18,010
It
26.
59,858
26,641
26,002
16,560
ii
ii
9.
16
(4
23.
41
30
April 5.
May
A
O.
1878.
10.
26,441
17,309
4ft
17.
19,995
it
24.
16,330
ii
81.
13,810
10,456
16,288
12,147
9,669
9,390
24,252
20,797
19,732
18,220
12,380
624.117
400.1411
723,779
Total.
PLANTATIONS.
Stock at Inter *r Ports
1876.
1877.
Rec’pts from Plant'ns
1878.
1876.
1877.
210,935
192,465
83,248
169,636
146,653
131,795
119,991
108,633
95,979
89,142
75,550
106,301 97,696 65,770
99,966 86,376 56,438
92,916 79,009 46,305
87,711 67,786 39,025
82,569 57,503 34,154
48, S2J
48,862
41,633
43,293
39,289
28,052
23,383
20,252
17,666
13,660
9,230
8,*05
5,314
68,315 78,599
72,477
40,993 59,435
105,596 173.178
194.465 169,291
177,356 165,747
163,280 158,041
145,001 151,199
59,686 132,495 140,649
51,391 130,164 133,363
39,016 127,296 128,411
38,856 120,826 117,074
31,196 115,076 107,534
94,349
90,947
82,264
75,723
(5,470
44
June 7.
FROM
1878.
77,249 46,855
24 660
52,740
23,555
15,137
13,897
13,058
15,304
7,020
7,471
4,968
50,612
48,082
4,7c 0
m
#
....
40.033
26,362
32,019
17,604
14,472
10,760
9,604
10,940
7,599
508,123 286.613 531,248
This statement shows us that although the receipts at
the past week were 12,380 bales, the actual from
the ports
plantations
were only 7,509 bales, the balance
being drawn from stocks at
the interior ports.
Last year the receipts from the plantations
for the same week were
bales, and for 1876 they were 5,314
bales.
Weather Reports by Telegraph.—In most sections the
weather has continued very favorable during the past week, but
at
some
important points it has been too rainy.
Very heavy rain
has fallen at Dallas, Texas, and more than desirable at Corsicana,
in the same State; but our correspondents think the harm done is
Montgomery, Alabama.—It has been showery one day of the
week, the rainfall reaching six hundredths of an inch.
The
remaining six days have been pleasant but hot. The cotton plant
looks strong and healthy, and both cotton and corn are
developing
promisingly. The thermometer has touched 67 and 95 and averaged
82. We have had a rainfall during May of four inches and six
hundredths.
Selma, Alabama.—We have had no rainfall this week. The
warm and
dry, the thermometer averaging 82.
Madison, Florida.—It has rained on two days, the rainfall
reaching thirty-six hundredths of an inch. The thermometer
has averaged 87 during the week, the extremes
having been 90
and 84.
'J he cotton plant looks strong
and healthy.
Macon, Georgia.—Telegram not received.
Columbus, Georgia.—The thermometer has averaged 84 during
the week,
We have had no rainfall.
Savannah, Georgia.—It has rained on three days of the week,
with a rainfall of two inches and fifty-six hundredths ; but the
rest of the week has been pleasant.
The thermometer has aver¬
aged 79, the highest being 93 and the lowest 65. Crop reports
are
generally good.
Augusta, Georgia.—The earlier part of the week the weather
was clear and pleasant, but
during the latter portion it has rained
on three days,
the rainfall reaching one inch and thirty-three
hundredths.
The thermometer has ranged from 64 to 94, aver¬
aging 79. The crop is developing promisingly and accounts are
good.
Charleston, South Carolina.—It has been showery one day this
week, the rainfall reaching sixteen hundredths of an inch. The
thermometer has averaged 78, the highest point touched having
been 90, and the lowest 64.
The following statement we have also received by
telegraph,
showing the height of the rivers at the points named at 3 o’clock
June 6.
We give last year’s figures (June 7, 1877,) for com¬
parison:
weather has been
mainly confined to the wheat crop. At Shreveport, also, the rains
June 6, ’78.
June 7, ’77.
quite heavy. Dry weather in those sections is needed.
Feet. Inch.
Feet. Inch.
.Below high-water mark
4
0
3
9
Galveston, Texas.—The weather during the week has been
.Above low-water mark...
22
4
1
18
warm and dry.
.Above low-water mark...
4
4
2
2
Crops are magnificent and fully three weeks
.Above low-water mark... 22
0
4
21
earlier than last year.
The thermometer has averaged 86, the
Above low-water mark...
39
5
8
38
extremes having been 77 and 90.
New Orleans reported below high-water mark of 1871 until
Indianola, Texas.—We have had no rainfall during the week Sept. 9, 1874, when the zero of gauge was changed to high-water
just closed. The thermometer has ranged from 76 to 92, averag¬ mark of April 15 and 16, 1874, which is 6-10ths of a foot above
ing 84. Prospects are as good as can be, but there are rumors of 1871, or 16 feet above low-water mark at that point.
have been
.
..
.
the appearance
Comparative Port Receipts and Daily Crop Movement.—
of the cotton moth.
A
comparison of the port movement by weeks is not accurate,
Corsicana, Texas.—It has rained hard on two days during the
week, the rainfall reaching two inches and sixty-nine hundredths. as the weeks in different years do not end on the same day of the
We are having too much rain, and it is feared that much
We have consequently added to our other standing
damage month.
tables a daily and monthly statement, that the reader may con¬
has been done to wheat; otherwise it is thought that no serious
damage has been done, but dry weather is wanted. Average stantly have before him the data for seeing the exact relative
movement for the years named.
thermometer 78, highest 93 and lowest 65.
First we give the receipts at
each
Dallas, Texas. ^Rain has fallen on three days, enormously, to
port each day of the week ending to-night.
a depth of six inches and fifteen
hundredths, and much damage PORT RECEIPTS FROM SATURDAY, JUNE 1, ”78, TO FRIDAY JUNE 7, ’78,
has been done, especially to wheat in stacks.
Roads are badly
washed and streams are out of banks.
New
Wil¬
Average thermometer 77, D’ys
Mo¬
Char¬ Savan¬ GalNor¬
All
of
Or¬
Total.
ming¬
highest 92 and lowest 64.
leston.
nah.
bile.
folk.
vest’n.
others.
we’k leans.
ton.
Drenham, Texas.—The weather has been warm and dry all the
week and all crops are prosperous. The cott on
565
102
285
205
359
213
484
56
2,269
plantlooks strong Sat..
and healthy, and the fields are clear of weeds.
Mon
262
57
488
436
521
252
305
2,359
\
38
Average
ther¬
mometer 85, highest 94 and lowest 81.
Tues
741
37
53
431
148
218
474
294
2,396
New Orleans, Louisiana.—We have had no rainfall this week. Wed
34
261
23
109
264
40
8
504
1,243
The thermometer has averaged 79.
Thur
28
204
300
437
29
303
80
323
1,704
Shreveport, Louisiana.—The weather during the week has Fli..
11
240
46 1,072
572
137
208
123
2,409
been damp and cloudy.
The recent heavy rains have materially
935
445 1,755 1,417 2,115
230 2,828 12,380
affected the cotton prospect. The uplands are, however, mot a« | Tot’l 2,655
*
:
June 8, 1878.
The
movement
October..
Novemb’r
Decemb’r
January
February.
.
March...
April..
May
..
THE CHRONICLE
each month since
Year
Monthly
Receipts.
Sept’mb’r
|
1877.
Beginning September
1876.
98,491
578,533
822,493
900,119
689,610
472,054
340,525
197,965
96,314
Sept. 1 has been
1875.
236,868
169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593
92,600
675,260
901,392
787,769
500,680
449,686
182,937
100,194
68,939
follows:
as
Biport*
1872.
134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
115,255
355,323
576,103
811,668
702,168
482,688
332,703
173,986
127,346
184,744
444,003
530,153
524,975
569,430
462,552
309,307
218,879
173,693
May
Liverpool..«...............
“
2....
“
3....
Total to Qt. Britain
Total French
“
4....
“
5....
“
'
“
6....
7....
2,409
Total.... 4,208,484
Percentage of total
1875-76.
1874-75.
2,784
2,861
2,003
2,562
1,570
2,084
1,578
2,821
8.
2,309
1,812
1,247
1873-74.
2,714
1,110
1,925
S.
3,028
rkoe’tb
•
•
•
•
•
•
year.
550
306,018
2,613
311,903
3,315
808,631
833,908
82
5,4S5
8,833
27,005
115
•
•
318
•
* •
•
82
5,550
142
18,518
4,988
13,549
10.332
6,171
33,838
22,580
29
*•••
8,338
*
2,360
N.
317
142
....
•
....
•
•
1,140
....
<398
•
....
8,469
....
8,845
3.539
750
2,398
1,890
350.415
371,716
....
2.881
96*04
97*67
8.
97*09
New Orleans..
Texas
Savannah
Mobile
Florida
i’th Carolina
S’th Carolina.
1878 30,000 10,000
10,000 260,000 334,000
1877 11,000 15,000 *26,000
315,000 352,000
1876 25,000 19,000 44,000
428,000 274,000
Total.
594,000 36.000
667,000 31,000
702,000 49,000
729,000
912,000
90U000
From the
foregoing it would appear that, compared with last
year, there has been an increase of 14,000 bales in the
week’s ship¬
ments from
Bombay to Europe, and that the total movement
since January 1 shows a devreth** in
shipments of 63,000 bales,
compared with the corresponding period of 1877.
Gunny Bags, Bagging, &c
—Bagging has been in better
demand during the past week, and
a good inquiry is to be noted
from consumers, with holders
showing
rather more firmness as
to prices.
There have been no lots taken as
yet, but an active
demand is now looked for, and
higher prices may be anticipated
with the expected trade.
Prices are now 9£o>9$c. for 2 lb.
ity, and for standard grades 1 >£'<)lOfc. is demanded. Butts qual¬
have
been in fair
demand, though no large sales are reported. Prices
continue steady in
tone, with sales of
to the extent of 5oO
bales, paper quality, at 2 11-16c., cash,parcels
and a few parcels of better
quality at 2 13- 6c., time. The feeling at the close is
steady, with
holders quoting
cash and time.
The Exports of Cotton from
Mew York this week show an
increase, eb compared with last week, the total
hales, against 2.681 bales last week. Below we reaching 3,539
give our u*u*i
liable showing the
exports of cotton from New York, and then
\direction, for each of the last four weeks; also the total
export a
since Sept. 1, 1877; and in the last column the total
for the
period of the previous year:
139,506
•
•
•
8,310
28,302
•
4,660
«...
458
21,895
5,665
»
2
911
200
•
*
•
•
•
914
53, 62
160,927
13,797
302
57,208
1,11)8
142,442
95,875
644
106,07.1
•
4,597
•
•
*
....
•
1,099 52,374
....
2,792
a
105,189
349
6^8
■
m
16
•
a
•
•
.
•
•
.
.
159
49
18.911
1,091
40,479
_
^
19,279
....
298
....
40,946
....
9,730
...
....
•
••»
756
67,51?
2.398 140,773
Total last year.
6,648
869,948
1,450 314,952
991
58.180
1,799 U5,953
tlie
are
exports of cotton from the United
per latest mail returns, have reached
the Southern ports are
concerned, these
So far as
exports reported by
same
telegraph, and
published in
The Chronicle, last
Friday. With regard to New York, we
Include the manifests of ail vessels
cleared up to
Wednesday
aisrht of this week.
ToU, b,
New York—To
e„.
Liverpool, per steamers Brittanic, 455....Helvetia,
3i3....Celtic, .‘00 ...Srythia, 700 ...Wisconsin, 797
To Hall, e.c., per steamer
2,765
Hindoo, 540
To London, per steamer Holland. 10
To Hiivr., per steam r Ville de
Paris, 82
To Bremen, per steamer
Mosel, 142
Nbw Orleans—To Liverpool, per steamers
3,1 8
Agia Sofia, 4,234
To Barcelona, per steamer Yidal
Sala, 189
j
640
10
83
142
...
Muriel, 320
Haytian,
..
7,683
Charleston—To 0 rk, for orders, per bark Carl
Georg, 1,273 Upland..
Texas— 1*0 Liverpool, per bark
Neptun, wl8
Baltimore—To Liverpool, per steamer Ba
timore, 673
Boston—To
189
1,273
918
673
480
...
estimate
Since
Jan. 1.
18,804
78,523
2,054 321,521
8an
Liverpool, per steamer Iberian, 480
Francisco—To Liverpool, per ship Enos
Soule, 146 (foreign)
Total.....
The particulars of these
follows:
are as
Liver¬
pool.
New York... 2,765
N. Orleans... 7,662
Charleston...
Texa-<
.
Hull,
etc.
540
...
....
Boston
.
...
SanFri’sco..
146
14,880
shipments, arranged in
Lond’n.
10
....
....
918
Baltimore.
This
Week.
' *
This Since
week. Sept.1
8S7.207
Bombay
nent.
Since
Sept.1.
10,647
to
Conti¬
This
week.
Total this year
still adhered to..
Great Conti¬
Great
Brit’n. nent. Total. Britain.
Since
Sept.1.
BALTIMORE.
Shipping News.—The
States the past week, as
that
Receipts.
This
week.
182,499
1,221
Foreign
prevailing estimate
Tinnevelly, however,
Shipments since Jan. 1.
•
14,880 bales.
Shipments.—According to our cable despatch received
day, there have been 30,000 bales shipped from
Bombay to
Great Britain the past week and
10,000 bales to the Continent;
while the receipts at
Bombay during this week have been 36,000
bales. The movement since the iet of
January is as follows.
These are tlie figures of W. Nicol &
Co., of Bombay, and are
brought down to Thursday, June 6:
phujldblp’ia
3*246
North’rn Ports
Tennessee, Ac
Bombay,
rain, the yield of Madras
being from 20,000 to 25,000 bales.
though late, is still reported favorably, and the original
2,973
2,599
1,754
Virginia..
94*19
BOSTON.
Since
Sept. 1.
week.
3,017
a
now
MEW YORK.
from
This
4,360
3,310
3,006
4,096
poor one, and instead of an out-turn of
100,000 bales, not more than from 50,000 to 70,000 can
be
looked for.
Cocomada will also be short, the
....
350
.
Spain, dec..
3,609
port would not exceed 600,000 bales for the half
year, add that
the latest advices from the Madras side
(that Is from Madras,
Cocomada and
Tinnevelly) made it necessary to modify the
estimates current there at the commencement of
the year.
Owing
to the attack of insec s and want of
jnd direction
same
2,681
to
date.
following are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the past week, and since
Sept. 1/77
,
stating that the exports from
week
2,765
150
Grand Total
1872-73.
3,090
2,627
2,614
2,978
2,674
2,442
India Cotton Supply.-—Messrs. Wallace &
Co., of
under date of May 6, after
Shipments this
2,681
....
Spain. Oporto* Git ra‘ tar Ac
411 others
June 7 in each of the years named.
70,000 bales is
• •
•
‘
Total to N. Europe,
receipts since Sept. 1 up to
to-night are now 293,965 bales more than they were to the same
day of the month in 1877, and 183,236 bales more than
they
were to the same
day of the month in 1876. We a<id to the last
table the
percentages of total port receipts which had been
received
of
•
•
200
Hamburg
shows that the
cotton will be but
•
5.
8,498
—
Other ports....
3,914,519 4,025,248 3,415,670 3,693,665 3,439,134
96*94
This statement
1,962
S.
port receipts
•
June
29.
8,498
8,119
Havre
Other French ports.
May
The
1,351
1,254
S.
2,359
2,396
l,243i
1,704
22.
8,119
Other British Ports
Rec’pts—
2,269
May
15
Total
Same
period
prev*u*
Total
Bremen and Hanover
Tot.My 31 4,196,104 3,903,725 4,013,875 3,400,862 3,677,240
3,417,736
Junel....
Seot.l. 187T
EXPORTED to
This statement shows that up to June 1 the
receipts at the
ports this year were 292,379 bales more than in 1876 and 182,229
bales more than at the same time in 1875.
By adding to the
above totals to J une 1 the daily
receipts since that time, we shall
be able to reach an exact comparison of the movement
for the
different years.
1876-77.
since
WII& ENDING
1873.
Tot.My 31 4,196,104 3,903,725 4,013,875 3,400,862 3,677,240
3,417,736
Perc’tage of tot. port
receipts May 31...
96*67
95*77
97*25
96*66
93*60
1877-78.
Cotton(bales) front Now York
1.
1874.
81,780
of
579
our usual
BreCork.
Havre,
82
142
....
«•••
...
....
l,27o
men.
....
Barcelona.
189
1.1
form,
Total.
3,589
7,851
1,273
918
673
480
146
b73
480
146
Total.... 12 644
540
10
1,273
82
142
189
14,830
Below we give all news received to date of
disasters to vessels
carrying cotton from United States ports, etc,:
IdajhO. str. (3,132 tons register, built at
Jarrow-on-Tyne.
in 1869, and
belonging to tbo Gui -n L’ne), Captain Holmes, withEng.,
1,8'7 bales and 47
bags c tton. r-ail d rom New Yok, May 21 for
Liverpool, arrived at
,
Qin-etisto* n at 1 PM June 1, and proceeded
igmo e rocks off Saltee Island at 1:10
tne Car
in
for Liverpool, slruck on
AM of the 2d, and sunk
tweuiy .ninnies. The mast-* of The steamer we-o observable at
eifcht f« er ab v - water at !<>w tide Juue 8.
Mubie
«*tr. (Br.). Guilf •y e, f ora New Orleans for Live
pool, grounded May
28, 9 miles below New Orleans. She came off
Slightly damaged but pro¬
ceeded on her voy/ ge v9 h.
St Laurbnt, str. (Fr.)t arrived at
H*vre, May 20, fr< m New York, and
rep. ri?: Wjs in contact during a den*** foe on the
afternoon of May 9
witn a large .ttane-masied
vesse1, bark W. T. H« ward. The seamer
eusta t <d so i e r light i jury 1 ■
upper wmk-*, and ha 1 forevnrds bruK^n.
The other ve sel is believed to ha'-e n c ived
damage to spars only, but
could not be fou d by the s ea « er alter
they parted.
*. Micuahi, brig (Br). (of
Chatham, N. B.), Forbes, from Fernan¬
da na. May 14. with 3? hags
Sea isl rad c tt«»n. Ac for Queenstown, as
dismayed in « tale n the 23d; sma-h d
boats, h run* a leak, and was
ai>aud »ned on the 25th on account of inability- to r
g jury mast for want
of mater ia1. The captain and crew were landed at
Bermuda May 27 by
bark Professor Schweigaa a
(No .), and thence took pa-sage on steamer
A>ph , who h arrived at Haliiax May 31.
,
,
-
Cotton
freights the past week have been
-oiverpowi.
8 team,
Sail,
d.
d.
Saturday.
—
M. /uuay.. —44,X
Tuesday. —@14
WedMay. —
Tbur’dy.. —
Friday... —t&X
15-64 comp.
15-64 comp.
15-64 comp.
15-o4 comp.
15 64 comp.
15-61 cjmp.
as
follows:
,—Havre.—» ,—Brt men—,
Steam. Sail. 8 team.
Sail.
C.
x cp.
X cp.
% Cp.
x cp.
X cp.
X cp.
Ci
c.
11-16 coop.
—11-16 comp.
—1 —16 Comp.
— (0%
11-16 comp.
—11*16 comp.
—
li-ib comp.
Hamburg-*
Steam.
Sail,
c.
X comp.
c.
—
X comp.
—
X comp.
—
—
\ comp.
X corap.
X comp.
—
—
v
fVoL XXVI.
THE CHRONICLE.
580
7—4.30 P. M.—By Cable from Liver¬
pool.—Estimated sales of the day were 12,000 bales, of which 3,000
bales were for export and speculation.
Of to-day’s sales 9,500
bales were American.
The weekly movement is given as follows:
Actual export
Amount afloat
Of which American
The following
week:
-
61,000
7,000
9,000
888,000
671,000
85,000
69,000
5,000
244,000
13,000
866,000
668,000
51,000
47,000
8,000
210,000
129,000
166,000
West Indian
East Indian
5,000
235,000
130,000
Saturd’y. Monday. Tuesday. Wedn’sdy Thursd’y Friday.
Spot.
...2)6*4
...2)6*4
...:®6*4
...'5>67i6 ...'®67ie
...@6*4
.'a) 6*4
..
2>67i(5
69,127
2,226
bales
American
Brazilian.
closing prices of cotton for the
table will show the daily
Mid. Upl’de ,..'2>614
Mid. Orl’ns. ...'S>67ig
4
92,000
6,000
60,000
9,000
17,000
832,000
645,000
43,000
33,000
76,000
9,000
52,000
6,000
80,000
10,000
66,000
8,000
54,000
6,000
8,000
883,000
661,000
51,000
37,000
5,000
287,000
203,000
Sales of the week
bales.
Forwarded
Sales American
Of which exporters took ....
Of which speculators took..
Total stock
Of which American
Total import of the week
Of which American
'.
This
week.
Egyptian....
Smyrna ani Greek
June 7.
May 31.
May 24.
May 17.
-
-Stocks.Same
date Dec. 31.
1877.
1877.
—Imports
Liverpool, June
To this
date
1878.
To
1,403. H8
1,350,584
671,410
2*24,1 :i
1)2,797
55,760
757,370
169,160
70,860
141,480
916
12 *
600
21,395
16,990
12 li7
195,785
72,840
31,567
1,750,241
1,918,583
548
..
Total
day.
19,635
145,991
1,012
....
This
date
1877.
77,569
103,888
519
same
140
213,500
31,360
94,750
\
21,530 \ I0,U1U
100,4H0
31,930
387,550
833,460 1,190,170
BREADSTUFFS.
Friday. P. M
,
June 7, 1878.
from the decline noted in
our last; in fact, a further slight reduction is necessary to some
of our figures ; business was on a moderate scale only, except on
Tuesday, when several thousand bbls. of common extras were
taken for export at $4 20@4 25, with latterly more buyers and
sellers at these figures. Choice extras for the West Indies sold
to a considerable extent at $5 40(3)5 50, but general trade has
-
The flour market is without recovery
Supplies continue large. Rye flour is steadier and
To-day, the flour market was more
jFutures.
active, and common shipping extras were 5@10c. higher.
These sales are on the basis of Uplands, Low Middling clause, unless
otherwise stated.
The wheat market has been fairly active, and prices have
Saturday.
Delivery.
d.
rather gained strength, though there is no abatement of the
Delivery.
d.
Delivery.
d.
...63a
Oct.-Nov
6?32
Jone-July
6316 June-July
excessive supplies, and crop accounts continue favorable. There
Shipment.
July-Aug
6932
July-Aug
6*4
Nov.-Dee., n. crop,
Aug.-Sept
6**32
have been large sales on the spot and for June arrival at $ 1 09
6&16
Aug.-Sept
sail
6*4
Sept. Oct
01332
Sept.-Oct
63s
@$1 10| for No. 2 Milwaukee, $1 12@$1 14 for No. 1 spring,
Oct>Nov
6H32
Monday.
$1
15 for No. 2 red winter, $1 21£@$1 22J for No. 1
Shipments.
Delivery.
Delivery.
white
and
24@$1 26 for extra white Michigan; hut for future
$1
Oct.-Nov., n. crop,
June
6^32
June
6*4
sail
6»ie
June-July
6^32
delivery the speculation has been tame at $1 07£@$1 08 for No.
June-July
6*4
6^32 Nov.-Dee., n. crop,
July-Aug
6516 July-Aug
sail
6*4
spring, July. To-day, there was some improvement, with sales
Aug.-Sept
6H32
Aug.-Sept
63s
6*332
of No. 2 Milwaukee at f 1 12; but business rather slow.
Sept.-Oct
6L e Sept.-Oct
Oct.-Nov
6*332
Indian corn has been active, advancing early in the week and
Tuesday.
Delivery.
Delivery.
subsequently declining. Supplies continue exceptionally large
Delivery.
638
June
6316® 732 Oct.-Nov
6*4
July-Aug
at all points.
Yesterday, there was a large business on the spot
Shipment.
6^32
Aug.-Sept
C,516 July-Aug
Nov.-Dee.,
n.crop,
Sept.-Oct
6*332
at 45^@45£c. for No. 2, or sail mixed, and 43c. for steamer; and
Sept.-Oct
638
sail
6*4
6*4@732
June-July
6316@732 June-July
for future delivery a quarter million bushels of No. 2 were sold
Aug.-Sept
6H32
Wednesday.
at 45^@45£c. for June, 47c. for July, and 48c. for August.
Straight ’
Shipments.
Delivery.
Delivery.
parcels of yellow and of white are scarce and bring relatively
Nov.-Dee., n. crop,
6932
June-July .614®932®14 June
sail
6»i6
6^32
high figures. To-day, spots were unchanged, but futures dearer,
Jly-Aug.651fl®**32©5ifi June-July
Nov.-Dee., n.crop,
65ig
Aug.-Sept.6 3e@ 1332 @ 3e Nov.-Dee
No. 2 selling at 47£c. for July and 48£®48£c. for August.
sail
6932
Shipments.
6"716
Sept.-Oct
crop,
Oct.-Nov.,
n.
Sept. Oct... 6*632@7i6
Rye has bepn more active at 63@65c. for Western, including
sail
6516
Oct.-Nov
6*332
No.
2 for June at 63^0., and at 65@67c. for - State. Tc-iay, there
Thursday.
...®6710
...2>6716
—
been
quiet.
corn
meal
fairly active.
—
June
6^32
Delivery.
Sept.-Oct
June-July..
6%2
6&16
63a
June-July
July-Aug
Delivery.
July-Aug
Aug.-Sept
Delivery.
63e
Nov.-Dee., n. crop,
6932
sail
6**32
Aug.-Sept
Friday.
June-July
6316
July-Aug
Aug.-Sept
Sept.-Oct
6*4
6516
63s
May-June, n.crop,
6732
June-July
sail
6»i6
6»32
6**32 Nov.-Dee., n.crop,
sail
6*4
6*332
July-Aug
Aug.-Sept
Sept.-Oct
correspondent in London, writing under
the date of May
25, 1878, states:
23.—The following are the current prices of
compared with those of last year:
1877.-
-Same date
Ord.<& Mid->
Fr.A G.Fr.—% —9,& Fine—» Mid.
16#
17*
18*
20
Cio..l2#
14
15
16
L.M.
Mid.
6#
6#
18#
G.M,
6#
6*
6*
6 y-16
6 5-16
6#
G.O.
5#
&X
5 9-16
Mobile. ...5#
5 5-16
....5 5-16
..
5#
5 13-16
5 13-16
5%
6
Since the commencement
Fair. Good.
20
17
Mid.
G.M.
6#
6#
6#
6#
7
5 13-16
5 13-16
5 15-16
6#
7#
6
6*
6X
7#
Mid.F.
rt
t
7
Actual
/—Actual exp. from
Liv., Hull A other
r-Taken on spec, to this date—»
1876.
1877.
1873.
bales.
•
45,860
540
Grain.
$ bbl. $2 23® 3 00
Superfine State & West¬
1877.
bales.
bales.
bales.
bales.
bales.
88,880
13,310
22,030
77,600
60,731
116,450
640
1,011
41,288
2,451
Western
&c
extras
12.280
11,510
10.2S9
3.933
22,410
400
24,430
19,270
3,461
38,733
2,723
65,296
27*2,900
57,470
148,260
109,420
114,225
115,691
437,420
13,370
The-following statement shows the sales and imports of
and year, and also the stocks on hand on
Thursday evening last, compared with the corresponding period
cotton for the week
and XXX
do winter X and XX...
do Minnesota patents..
4 65® 6 25
City shipping extras..*..
City trade and fami y
4 25® 5 50
Total
this
Sales this week.
,
Ex- SpeculaTrade. port.
tion. Total.
Barley, “
Oats,
“
46
43
4?®
53®
63®
50
55
67
77®
58®
63®
6)®
S7
65
75
85
yellow, new.
Barley—Canada West....
State, 2-rowed
8tate, 4.rowed
Barley Malt—State
1 00® 1 10
80® 95
Canadian..
Peas—Canada bond&free
this market has been as
york.-1877.For the
Since
week.
Jan. 1.
23.126 488,984
—exports prom new
*878.
,
For the
Since
w ’ek.
Jan. 1.
Same
time
3877.
27,273
4,651
1,127,Q73
U 3,808
1,487,223
9,283,242
1,057,389
90,037
727,635 19,2*7,817
594,40 10,023,845
61,986 1,814,191
^325,974
*117,329 *2.207,408 *1,493,755
416,212 4,121,510 3,720,301
13.747
1,458,017
73,755
669,115
104,88
5,193
3,458,907
624,050 8,521,
!123.279
6,000
50,152
5,562
year.
Average
period weekly sales.
1878.
1877.
749,900 42,150
127,890 2,480
111,310 5,630
38,770
1877.
2,950
7,650
67,530
80
4,370
5,260
44,060
2(0
170
SO
930
3,350
1,150
11,590
73,900 6,500
9,820
89,700 1 ,037,760 11,192,510 54,900
4,080
5,030
Egyptian
Smyrna A Greek t 789
t,oeo
290
104,640
f
}
220
17,870
100,920
770,
14,510 |
189,600
\
700
3,940
6.810
5,410
570
JUNE
68,315
;
PORTS FOR THE WEEK
ENDHtO
1, 187$, FROM DEC. 31 TO JUNE 1, AND FROM
(196 lbs.)
AT—
Chicago
1 TO JUNE 1.
Oats,
Corn,
Wheat,
.
.
Cleveland*
St. Louis
P6ori&«
DuIqUi# •*••••••%-#»
•«•
Total
(60 lbs.)
506.756
•
•
•«
••• •
..
.
.
.
.
.
753
4,670
voo
15.5 0
1,955
*
6,5)7
58,996
98,281
18,000
bush.
hush.
bush.
8‘
Milwaukee
Toledo
Detroit
■ •
6,290
496,565
291,426
Including malt
RECEIPTS AT LAKE AND BiVER
bbls.
Same
82
36
27®
29®
White
#—RECEIPTS AT NEW YORK.—»
Flour, bbls. 72,290 1,752,787
C.meal, “
2,562
85,331
Wheat, bus. 961,969 20,643,959
Corn.
♦♦ 1,328,540 12,682,659
Rye,
“
138,940 1,533,325
42®
42#®
Oats—Mixed
The movement in breadstuffs at
follows:
1878.
>
For the\
Since
week.
Jan. 1.
.
Southern, white
Rye
5 75® 6 23
Flour,
820,050
56,930
Southern
.
grade.
AUGUST
t
Total.........
do steamer
mily brands
5 CO® 6 50
Southern shipp’g extras. 4 fO® 4 85
Rye flour, superfine
3 10® 3 60
Corn meal—
estern,&c. 2 00® 2 4)
Corn meal—Br’wine, Ac. 2 80® 2 83
/
1 10® 1 19
1 17® 1 28
R6rt Winter
Southern bakers’ and fa¬
SALES. ETC., OF ALL DESCRIPTIONS.
West Indian....
East Indian
4 40® 6 25
6 00 ® 8 00
brands
of last year:
Brazilian
No.
No.
White
Spring Wheat
..."
4 20® 4 50 Corn—West’n mixed
do XX
*
8pring,bu8h $1 02® 1 Oi
2 spring
1 0)® 1 12
1 spring
1 13® 1 15
Wheat—No.3
3 50® 4 00
4 25® 4 40
ern
U.K.in
ontports to date—.
1877.
1878.
110
India, Ac.
B. India, Ac.
W.
active at the extreme low
..
:p’tfrom
70
5,130
Egyptian, Ac. 5,870
Total
M.F.
of the year the transactions on
speculation and for export have been :
American
Brazilian
23
19
18
15
24
IS
nd.,15
Ord.
No. 2
Extra Stite,
Liverpool, May
American cotton
prices quoted in our last,
selling
in
at 29£@3Cc.
store and afloat, and prime
Chicago
white at 31@32c., followed by a sharp recovery, No. 2 Chicago
bringing 32c.; but the close is again weaker. Tc-day, the market
was firm,
No. 2 graded closing at 29^(330c. for mixed and
31@31£c. for white.
The following are closing quotations :
were
No. 2
Flour.
Markets.—In reference to these markets
European Cotton
our
Shipments
Delivery.
Delivery.
fair demand.
Oafs
Shipment.
6»i6
6*4@732
69.32
Nov.-Dee
was a
--
Oct.-Nov
6716
1
(56 iba.)
3,468,151
55,510
239,324
7,341
19,CO)
73,412
276,295
2,4 0
217,325
4,2j0
120,000
103.542
1,244,442
•
*•
4,782,996
[Barley,
bush.
(32 lbs.) (48 lbs.)
21,016
637,870
15,503
70,670
16,817
1,873
9,786
15,000
5,890
79,103
11,103
65,150
*
57,882
*.v
?
»*•
437 -S
9,544 *;?;
10,11* 0
’VyoV-
....
836,401
.
19,790
....
*
?A:
m
busk
73,114
■
THE CHRONICLE
1878.J
Previous week
dorresp’ng week,*77.
Corresp’ng week,’76.
Flour,
Wheat,
Corn,
bbl*.
bash.
bush.
1,509,075
218,445
3,037,951
106,783
50.540
116,232
1,992,492
Tot. Deo. 31 to Junel.1,485,184 2%925,439
bams lime 1877
1,750,401 7,064,051
game time 1876
.2,155,U0 16,056,188
game time 1875
1,9(13,370 18,258,528
...
Tot. Aug. 1 to Juncl. 5,257,573
game time 1877
4,404,093
8ame time 1876
4,461,061
game lime 1875
4,572,138
69,410,680
36,457,036
55,898,784
53,697,967
Barley,
Oats,
'
bush.
bush.
1.164,797
1,901,975
1,721,378
87 313,225
29,241,480
27,296,951
19,211,831
72,402,841
63,191,*81
47,795,623
33,441,520
18,961
70,450
618,845
1,005,408
10,487,134
7,144.660
3,818,661
7,804,877
22,898,691
13,190,450
28,471,293
19,734,634
142,253
2.661,188
2,209,743
2,754.813
1,497,617
9,143,0l8
8,275,391
7,440,911
5,421,850
Rye,
bush.
119,1(6
25,911
75,322
1,722,538
826,455
602,535
437,147
3,699,855
2.684,004
1,822,385
1,153,767
Estimated.
♦
shipments of
flour
and
grain from western
RIVER PORTS FROM DEC.
%
Flour,
Wheat,
.
bbls.
31
TO JUNE
Corn,
Oats,
bnsh.
bbls.
Tot. Dec. 31 to Junel. 2,467,873 17,968,76 1 30,262,931
game time 1877
1,757,638 6,537,674 21,0*7,618
Same time 1876
2,317,311 15,933,3*6 23,m003
Same time 1875
2,007,936 11,799,652 12,461,207
BAIL SHIPMENTS OF FLOUR AND
lake and
1.
Barley,
bbls.
Rye
bbls.
bbls.
6,148,280 1,463,655 1,339,714.
5,2v0,077 1,750,917 534,317
6,494,10 i 1,140,268 535,349
5,278,*45 835,065 253,293
GRAIN FROM WESTERN
LAKE
AND RIVER PORTS.
Week
ending—
June 1, 1678
June 2,1877
June 8, 1876
June 5, 1875.
Flour,
Wheat,
bbls.
74,387
45,533
83,235
54,434
bush.
Corn,
Oats,
bush
293,013
196,861
435,153
452,6)9
Barley,
bush.
631.085
1,056,609
338,271
883,427
209,811
250,333
422,732
396,323
Rye,
bush.
bush.
10,148
21,496
13,235
18,001
47,121
8,532
9,489
13,(25
RECEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THE
WEEK ENDED JUNE t, 1878, AND FROM DEC. 31 TO JUNE 1.
Flour,
Wheat,
bbls.
At—
New York
68,141
1S524
2,900
17,879
13,090
16,353
9,788
,
Boston
Portland...
Montreal
Philadelphia
Baltimore
New Orleans
Total
bush.
1,189,432
106,800
1,422,938
139,600
2,500
135,933
1,124.200
762,400
100,576
...
-
167,069
262,600
176,000
87,703
146,680
3,688,147
833,713
148, 602
3,296,895
2,201.027
47,344,730
35,136.575
32,882,239
634,522
UNITED
EXPORTS FROM
MONTREAL
Wheat,
28,902
I, 60
.
.
bush.
765,662
77,228
142
10,455
.
.
...
Total for week.
Previous week
Two weeks ago....
Three weeks ago...
•
•
2f0,432
1,800
15S.039
20,431
133,127
61,090
92,>52
1,394,488
1,801,768
Philadelphia
Baltimore
•
4,753
7,457.628
6,5?8,496
9,087,304
6,755,613
SEABOARD
FOR WEEK ENDED
bbls.
4
22,898,612
STATES
Flour,
From—
New York
Boston
Portland
Montreal
61-3,911
59,650
1,000
1,040
133,800
24,000
80,312
.
.
Corn,
bush.
6 2,767
Barley,
bush.
.
1,991,604
1,9' 5,618
482,920
Corresp’ng week,’77 107,525
Tot. Dec. 31 to Junel.3,536,857 30,049,307
Same time 1877
2,845,981 3,033,716
Same time 1876
.3,707,765 14,764,734
Same time 1675
.3,685,914 11,321,883
Previous week
Oat?,
Corn,
bush.
■
Rye,
bu*h.
bush.
5S350
152,465
4,200
....
1.400
....
50,076
2 3,941
161,282
98,650
153,225
2,26«,147 2,001,362
1,232,708 5* 9,836
1,881,531 404,151
301,683
97,(99
76,064
FROM
1, 1878.
Rye,
bush.
78.635
•
•
•
Peas,
bu-h.
oush
2.457
63,2.5
•
•
•
•
•
....
too
215,307
514,o:o
751,265
-
49,42)
•
•
•
,,,,
-
.
•
•
....
.
•
•
....
2.209,173
121,973
63,255
185,511
83,434
2,532,378
946.951 2,504,543
69,593
114,341 243,871
64,366 1,605,520 1,623,203
190,076
71,430
From New York—13,947 bnsh. barley. From New Orleans—1,582 bbls.
60,075 bush, rye, 34,950 bush, wheat and 136,652 bush. corn.
.
.
60,395
868
.
62,852
72,334
44 482
’
.
2,496
flour,
The Visible Supply
of Grain, comprising tlie stocks in
the principal poiuts of accumulation at lake and
seaboard ports, and in transit by lake, canal and rail, Junel,
granary at
1878,
-*=
was as
follows
:
Wheat,
Corn,
Oats,
bust*.
bu*h.
1,368,423
289,150
800
579,469
20,500
161,nco
84,300
46,000
15,300
240,453
85,800
334,M3
376*000
147.666
233,081
73,000
*.
In Stork
New York
bush.
at—
.
..
Albany
Buffalo.'
57,400
863,705
Chicago
Milwaukee
Duluth (May 25)
Toledo.
Detroit.
629,100
16 *,0 )1
Philadelphia.
Peoria.
.
.
.
Indianapolis.
Kansas City.
Baltimore
Rt.il ehipmonts, week
Lake shipments, week......
On canal......
Barley,
Rye,
bush.
bush.
173,977
177,000
46,000
9,956
64,459
333,700
7,400
2,147
30,155
6,C00
149,293
80,141.
79,810
2,425
33,000
9,274
193,952
93,752
617
434,780
SCO
10.509
268,459
20,944
*
2,625
17,670
84,655
65,802
180,561
469,468
85,116
16,468
20,393
237,985
996,125
293,013
742,065
1,056,609
2,064,902
1,719,000
-
975,000
57,684
155,011
121,577
6 870
294 950
144,00)
368,754
Oswego
St. Louis.
Boston
Toronto
Montreal
1,971,789
already stopped production and others are about doing so.
change, but the advancing
tendency of the cotton market has imparted more strength to
such cotton fabrics as are not in over
supply ; and a slight im¬
provement in prices in the near future is not improbable.
Domestic Cotton Goods.—The export demand'for
drills,
sheetings, &c., has continued fair, bat shipments from this port
were relatively
light during the week ending June 4, footing np
only 957 packages, which were sent to the following markets:
320 packages to United States of Colombia, 223 to
Hayti, 109 to
Great Britain, 104 to Argentine Republic, 51 to Dutch West
ladies, 43 to Australia, 36 to British Honduras, &c. Brown sheet¬
ings were in moderate demand,, with most relative activity in
four-yard makes, on some of which time inducements were
offered in order to enable interior buyers
to avail themselves of
cheap transportation by canal, &c. Bleached cottons and wide
sheetiDgs remained quiet, but there was a steady moderate
movement in denims, ticks and dyed ducks, and
grain bags were
in fair request. Cotton warps and yarns were
moderately active
and firm because of the late advance in the
staple. Print cloths
ruled quiet but firm at 3£c., cash, bid, to 3 7-16c., less one-half of
1 percent, cash, and 3£c., 30 days, asked for 64x64s, and
3s,
cash, to 3 l-16c., 80 days, for 56x60s. Prints continued dull and
ginghams were quiet, aside from staple checks, which were in
fair request*
for
79,870
38,769
-Oats,
have
Values have undergone no material
Domestic Woolen Goods—There
22,320
PORTS AND
JUNE
•
•
•
•
•
•
•
•
-
•
•
•
'
43,000
61,041
412
•
•
•
•
1,014
men’s-wear
Total.
6,975,914
7,507,564
7,549,665
8,045,647
April *7, 1878
April 50, 1878.....
June 2, 1877
..
8,394,583
....
7,921,483
7,721,565
4,374,007
10,398,888
8,982,244
8,225,712
9,008,502
9,533,192
9,768,366
10,184,932
9,447,500
with considerable sales the
irregular demand
few popular makes met
a
general movement
was
slow and
disappointing to holders. The best makes of heavy all-wool fancy
cassimeres and
suitings were held with relative steadiness, but
price concessions were in some cases offered on Union cassimeres,
without giving much impetus to their distribution.
Worsted
coatings were in fair request, as were cotton-warp worsteds, but
overcoatings moved slowly, especially Moscow and cotton-warp
beavers, which were very dull. For black cloths and doeskins
there was a light hand-to-mouth inquiry, and cheviot
suitings
were in irregular
request. Kentucky jeans ruled very quiet until
nearly the close of the week when some fair sales were reported.
Satinets were in light demand, and repellents were almost
neglected. The general demand for flannels has not yet set in,
but small parcels were disposed of to the shirt trade.
Worsted
dress goods were lightly dealt in and shawls continued dull.
Foreign Goods.—There was very litrle animation in
any
particular class of imported fabrics, and selections were restricted
to small lots of specialties and
staple goods required for keeping
Black filka and trimming velvets were in fair
up assortments.
request, but colored and fancy silks ruled quiet. Dress goods
moved slowly, and there was only a limited demand for linen and
white goods, laces, embroideries and hosiery.
The auction
season is almost over, and the public
offerings during the week
were meagre and
unimportant.
We annex prices of a few articles of domestic
dry goods*
Domestic
Alamance
10
.
Amoskeag*,
•
Bates
.
Glasgow fancy...
Gloucester, ms...
Mohawk
.
.
.
Ginghams*
Miami
Baird
9*
Larcaster
9
9
9
9
Plunkett
Randalmon
Renfrew dr’aa style
Namaske.......
„
9
Belfast
8*
Shirley
9
W hite M fg
f!n
,
Carleton. “
Johnson Mfg Co.
9
....
9
...
..
18*
'
•
••
.
....
44,720
•
•
•
1,955
•
3,16)
•
•
•
631,085
198,335
254,000
•
•
•
•
•
•
•
•
•
.
10,148
2,787
26,0u0
•
•
•
Stripes.
25,562
776
353
•
•
•
•
13,235
33,183
98,000
2,487,358
2,801,349
2,157,648
2.087,184
2,063,303
1,769,920
1,990,193
2,339,862
1,208,953
1,5SO,042
1,309,559
1,894,488
American
9-10
Amoskeag
.
Belm’nt Chev’t
Clarendon do
Cher well
Century
1,675,855
1,878,184
507,728
573,489
600,453
559,969
569,652
582,315
740,595
610,747
1,462,506
Friday,’P. M., June 7,18 "8.
Century
27
Cordis awning.
11*
11H
8*
do
fancy
Bates Cheviot..
5.*6,0 3
THE DR? GOODS TRADE.
11*
do
*
33
-
•
Columbian
Everett Cheviot
Everett heavy..
Hamilcon
Lew’n AA.Chev.
do
A...
Massabesic
14
* *
....
•
•
•
9
-
10*
12*
11*
....
11
Otis BB
10
Park Mills Ch’t
12*
Thorndike A.... 1H4-12*
do
B....
Unca8ville A...
do
UCA.
Whittenton AA
do
B...
do
fancy XX
8*-9*
10-11
10
9
•
•
•
•
Denims.
Amoskeag
do
AM.
Boston..;
Beaver Cr,AA.
do
BB.
CC.
do
Columb’n h’ybro
do XXX brn
16^
Carlton
15
Everett
Lewiston
Otis AXA
do BB
do CC
Pearl River..
8*
13*
10*4
10%
16*
•
•
•
*
16
20
York
14
Warren AXA.,
do
BB.,..
do
CC.
Gold Medal...
12*
11
16
.
Thorndike A..
Uncasv’e UCA.
...
Palmer
Haymaker....
10%
12*
16
14
12*
11
9*
•
•• +
a
The past week has witnessed a
all descriptions of domestic and
sluggish movement in nearly
foreign goods from firet hands, Amoskeag
Androscog’n sat.
-and the jobbing trade was
generally quiet, as usual at this Canoe River....
advanced period of the Beason. Package buyers from remote Clarendon
Hallowell Imp..
parts of the interior were in some cases disposed to forward con¬
do
brown
siderable lots of low*priced cotton goods, hosiery, &c., by water Hamilton
transportation, in order to save freights, but such instances were
American
exceptional, and, as a rule, purchases were governed by immediate Amoskeag
tjade requirements. The demand for woolen goods was much Atlantic
Casco
less active than expected, and the Fall trade in men’s-wear Lewiston
Franklinville..
woolens has opened so
inauspiciously that many manufacturers Montaup
was an
woolens, and while
Creedmoor do
May 25, 1873
May 18, 1878
May 11.1878
May "4, 1878
581
1
June 8,
.......
Corset
’
....
'
Jeans.
8# I Ind. Orch.Imp..
9. |
do
sat....
6# Kearsarge, sat...
6# 1
do' brwn&blk
8 j Laconia
-...
I Manchester
7*
•
•
•
•
9
Naumkeag sat..
9
Newmarket
Pepperell, blea,,
do
9*
8*
Rockport
8
Suflolk
sat...
•
•
|
••
Bags.
19 00
Granger
20 00
19 CO
Ontario A.....
do
B
do
C
23 00
27 50
32 50
21 (X)
35 00
19 00
23 50
20 00
20 00
PowhattanA..
do
B..
do.
C..
£0 03
Pliila A
do B
do C
Stark A
do C 3 bnsh
do
2% bnsh
24 00
27 50
32 50
23 50
32 CO
27 5<J
THE CHRONICLE
582
Exports if Leading Articles from New York.
Importations of Dry Goods.
as
*1877
Valne.
Pkgs.
229
182,536
493
147,667
280
160,127
876
111,030
Pk{[8« Value.
183
492
3G7
406
$72,5i’l
206
82,150
1,107
1,594
$570,964
2,985
Manufactures of wool—
cotton..
do
do
do
Silk
flax
Miscellaneous dry goods.
Total
131,392
203,975
80,936
,
all the principal foreign countries since Jan. 1, 1878, the
totals for the last week, and also the totals since Jan. 1,1878
and 1877.
The last two lines show total values, including the
value of all other articles besides those mentioned in the table. *
to
follows:
6, 1878.
ENTERED FOB CONSUMPTION FOB THB Wilt BNOIN6 JUNE
1876
*
following table, compiled from Custom House return
ahoWs the exports of leading articles from the portof New Tort
The
The importations of dry goods at this port for the wees ending
June 6, 1878, and for the corresponding weeks of 1877 and
1876, have been
[VOL. XXVI,
1878
Value.
$63,774
159,130
Pkgs.
209
550
207
i
139,861
55,931
$557,391
4,558
$601,776
as
co
iat.
JO rri
Vr. WW
QO*
CO
202,143
2,465
1,027
WITHDRAWN FBOM WARBHOUBB AND THROWN INTO THB MARK. ST
noootD-wiOT.aa.onaoaowiQOl-.r-o
00-
-•
«5
o -w* ao -o’ oo » as p a*
Hn
•*■«
IHN
C«
oo
Itn
ci »-< j© eo
CO
OS
«
-
of
31,868
DURIN8 THB
8AMB PERIOD.
$45,862
$195,865
692
2,935
557,291
4,55S
$187,807
601,776
3,910
$T5S,156
5,250
$789,583
113
91
59
215
477
,752
$353,168
955
consnmpt’n 1,594
570,964
$924,132
252
225
74
472
729
cotton..
sUk
flax
do
do
■Eggdo
Miscellaneous dry goods.
Total....
Add ent’d for
116
243
57
185
094
$104,132
59,873
68,894
102,336
17,633
Manufactures of wool....
Total thrown upon m’k’t. 8,346
$44,198
27.761
58.224
51,884
13,798
44,857
48,807
28,162
20,119
jc5i<?»»aoo©*trOcCQpo
e*osi5
do
do
do
cotton..
'
287
$84,364
47,863
40,656
53,052
65
22.995
213
144
50
silk
flax
Miscellaneous dry goods.
$83,047
87,251
38,830
73,268
15,227
$801,914
Total entered at the port. 2,343
$819,394 4,452
Imports of Leading Articles.
7,1S4
$858,108
1,594
2,935
-
\o
t*«(O^00O
•£> CO %> CD
H.-»p
•
-
c
*
o'
_:gs
:
.
|
• "W
*oo
ggv* ' ’
|
100,585
9,3C5
2,639
4,064
30,620
9,292
633,748
1,946
.
Battons.
Goal, tons
Cocoa bags...
Coffee, bags
Cotton,bales....
Drugs, Ac—
....
5,976
1,440
3,605
1,451
17,011
'
Madder A Ext
Oil. Olive....
29,753
1,713
2,515
888
Gunny cloth
Hemp, bales
Hides, Ac—
Hides, dressed..
1,838
Lemons
2,490
3,708
Oranges
698
655
1,978
2,713
27,343
610
316
20|629
India rubber
Ivory
Jewelry, Ac.—
Watches
Linseed
Molasses
232
182
145,510
156,163
42,855
32,883
311
50 377
377,159
Corn
Oats
.
(
Rye
Barley A malt1
Grass seed...bi
Beans
bt
3
Nuts
1.985
86,104
61,278
44,291
Hops....... b
Leather...... e
Molasses
b
Molasses
bbls.
T*r
«
11.219
**
*
to
0»
h
•
•
•
<i— c—
"C.*
«
*
•
cm
• •
-«
3*
■
.
■coo; e«3
®» CO Qfj
oOCO
o
o
r*CQ
r-»
.
.
>Aio
iino®
£ : : -3
SB
•
•
.
*0
• to
•''*<
•»**
*H
’
r.o
,2o
oS-'re*
.jo
.
»oo
•
.t-esT*
• os
» «
•£>.
.
•
fflON
.»0
.^TfJOI-^2
•c*»a)3»5rj
.
-T. .©* --f OQ
*rr<
oo<SS^.®3 •oo®*oS
•
.r*Ti
.
■
•
*—1 cf
2?
1522
■—* 1— T—
'.0* CJ aJCft
’.-To»o
•“*
^
«Te<as'^o
t-T *
Mi-in*
Of
o;
-TJI
£=i,
69^
o
_;co»o
33t"
.
.
.
.
-oo{r
S’- CO
-o
.eortt
.j55tJ*
•
■
•
■
•'
•<
;<
25*2
-riTPiO
^
•^
■
’«
w®
cd^
>
O cO eo t- its •«** to 00 00 —■ »
>
os os
r*o"
;
»o
® inn
r<
V* CO
^4
os^eo • qq o*
Qivf ' flJCS
;
325,974
1,493,786
35,946
53,902
198,998
168.579
78,495
219,609
Cork
Fustic
194,542
Logwood *•••••••»
Mahogany.......
863,119
35,580
152,682
16,275
213,168
16.553
>os
o no
.
ot
to Of
*
:S»S
'
so »•
.00 eo ***
*5* o
.^3coTfOrf waco
<ot-«^®ooao»-<os
£*"'
«
o
•
-
.
. r*
•
• o
•
•
*o2?
osfi
■ ‘s£ '
—
M
5
.
^
.
.
.
.ceoo
-~rti*
■
,
•
.
O T-t
*OSC-
•
.
.
'
•
*
25
•
to «•
(OK9«OI
oo
■s :
iO —< '
so-
irl
a
.
.
::::::
•
t
•
co
o to
eo
~00
•00
»
•
.on
.
•
25
.
•
OO
.
^aowa
eo ics y-i
OSC»r-l
i ii
co
=1
00
.
o
1®.
|1
-
S' ' ‘ 3--
’eo
*co
:
:
g«i
•
|2^ *
•
*
•
•
•
jo pi
2goo
•£?
•
*2
2
g
»
-^r
§1
CO
et^
c
i
:S :::: :3 j
| i ;f :
•
: :§g : :g
:
:sg
|S
;
rT
■
o CO
.00
.
.
:
:
:§g : :S :
N33* *
•
’
:§ :. .:
.
• y—
: :£is:§
: :S
:...
: *2
■(.
«5rr• ,,N
•
p
cp
'OO
o
•
■
••
.
•
.
.
:*
s®
03
_rl-
CO
33
17,617
•
bbls
‘
‘
:
1
1
\
25,155 \
125,336 I
793
311,934
pki
Cheese
29,321 g agar
13.289
•
.^2^
?
.
Cutmeats..
Beef.
147,032
Lard
118,808
Lard
813,267
2,473 1 Ice
96,711 S tarch
69,431 S tearine
363
‘CO
.eoooos
3
*0
117,272
2*1,541
73,318
40,571
.
3
l»C*
:®
ICO,038
1,127,053 Oil, lard... ..bb
1.487,223 Peanuts
bags
9,283,242 °ro visions—
Butter
3,720,301
pkgs.
865
••
*et
-2
561,463
67,064
Pitch
Oil cake
66,956 1
Rodn
Spirits turp
*
•
©o
-o
A
-oocteo
•
oadioo
cB'et^a co
as t- o
eo
-r-T COIC
Ci
l-T
f-l os
TH
Since
Same
Jan. 1,’78 time 1877
107,230
1,786
25,158
134.339
00
’
’rH
.0
270,477
Ginger
Pepper
8,500
Haval Stores—
Crude turp..bbls.
•
5,174.761 5,677,999
Cassia
1,802,846 1,757,685 g
18
O
-o*
:$ : ;§§
250,363
914,033
401,089
Spices. Ac.—
Same
1877
1,752,767
20,643,959
12,682,659
4,124,510
1,538,325
2,207,408
117,989
£5,157
421,055
85,331
436,624
Hemp........
•
o*
time
2,011
(
1
®*S
MO
•
.
.oo
.
.^1
receipts of domestic produce since January 1, 1878, and
for the same period of 1877, have been as follows:
Breadstuffs—
Flour
bl
Wheat
bu
*
.
(OV
147.578
The
Since
Jan. 1,’78
-o*
Jr
26,569
323,178
Receipts or Domestic Produce.
c
o
.
-vi-oo
1,551
473,360
1,1S6,01
349,633
Saltpetre
1,295 Woods—
1,088
Jewelry
f
271
320,495
154,305
Rice
Bristles
OSCtcJ
8
3,835
566,659
17,977
16,849
Raisins
1,028
75,997 Hides, undressed..
1,886
100,476
Hair
Spelter, Tbs
9,489 Fancy goods
31,666 Fish
22,904 Fruits, Ac.—
12,901
24.915
Sodaash
Flax.
Furs
Lead, pigs
260 Corks
362
Opium:
Soda, bi*carb.
Soda, sal
as©
•
*
Steel
20,988
410.056
Tin, boxes
390,919
Tin slabs, lbs...
2,904
5,314,570 4,185,164
10,829 Paper Stock
60,528
77,942
10,460 Sugar, hhds, tcs. A
bbls
920,700
233,466
246,318
875,319 1,414,970
1,854 Sugar, bxs A bags.
Tea
479.265
394,233
27,129
3,238 Tobacco
26,805
265
284
12,868 Waste
960 Wines, Ac—
35,053
35,202
Champagne.bkt*.
Wines
57,249
47,452
22,718
13,135
1,727 Wool, bales
16,738
2,952 Articles reported by
$
value—
$
2,335
15.175 Cigars
640,779
511,369
908
Gam, Arabic.
Indigo
Hardware
00OO ®* *-•-e*
rl
3,708
12,659
12,253
Cochineal....
Cream Tartai
Gambler
.Tf
•
'aTtJ*2
o'*-**
toOTOf-i
1,840
CO
S
:
Since
Same
Jao.l ,’78 time 1877
4,926
15,757
132.240
8,33b
C"*>
‘ .• Cl
3 oo
Metals, Ac.—
Cutlery
5,005
_.!0>0XiO®®W»-*-»QH»2
•
.
S
[The quantity is given in packages when not otherwise specified.]
16,294
oo b» ^
.
•
■W-4 TJ1
China
Earthenware...
Glass.
Glassware
Glass plate
en j>o
•
* t-T^T
ao
S ‘2:8 :
m
following table, compiled from Custom House returns,
•hows the foreign imports of leading articles at this port since
January 1, 1878 and for the same period in 1877:
d
.
c-
The
Same
Since
Jan. 1,’78 time 1877
_
n
32.850
$256,832
601,776
1,467
OOfc-O
an tt
00
58,099
2,C6l
2,626
4,558
$248,430
570,964
749
.,
.
h Vo:h
48,198
60,272
$247,623
557,291
Total...
Add ent*d for consumpt' n
©» W
tn
§
$61,922
75
155
c-
—
of
QQ
162
178
«oao
weoco
■NTSRBD FOB WAREHOUSING DURING SAKE PERIOD.
Manufactures of wool....
«N
•
*
*
'
1
6,61
35,996
410,17?
534,739
600,154
268,235
148,192
29.274
2,003
127,353
6,585
56,083
281,662
93,833
21,817
188,127
“
180,023
20,545
18,653
156,600
“
10,896
9,675
474
165
10,565
11,775
82,147
84,563
24,249
77,126
41,733
83,735
21,842
19,807
21,076
59,048
•
.QE!
logs
•
•
*
:
•SoS®
•
*2
•
•
.5S?
§*5< i® • .afioo • • .JO CD ^ . .TJC . ;
O
418,685
411,549
17,719
22,499
36,873
62,311
SSt-icO
436,883
293,232
kegs.
pkgs
bbls.
03
•
;
* 'S *
’o*w
~
•
.xj«coao<»co
.tr> o
So TiSSSS0* •wvaot-t= .as
*22 poo
§ jg
2
’go ksV
o®.
s
go s
; JO«co OS, -CO
.-«J< OS^I
June 8, 1878. j
THE CHRONICLE
(iENBRAL
^Tar, Washington
Tar, Wilmington
Pitch, city
PfiiOKS CIJRrttiNT
J.8HK8—
rot.fiiit «cit.
v a.
BBKADSTUFF8—See special report.
BUTTER— (Wholesale Prices;—
Tabs,good to choice State(uew) V lb.
Wesun creamery g’d tocb.
••
••
4X
“
15
17
14
9
a
7
®
17
18
©
i6
©
11
®
©
6
*•
:
8X
•
....@ 8 50
cannel
12 00® 13 00
Abthbacitx—The following will show
prices at
last auction or present schedule rates:
Fenn.
~ ‘r ‘"T
~ “"
’
D.L.&W.
D.&H.
P.AR. L. AW.
Sched.
Auction.
Sched.
Sched.
NewN. Y.
May 29.
Port
Liverpool house
Grate..* 3 45
Harbor.
$3 60
3 45
Johnsfn.
|S 60
3 60
3 55 @3 60
Kgg.... 3 W
3 75
3 73
Stove... 8 95
4 10
3 25
Ch’nut.. 3 40
3
50
•
50 ceats per ton additional for
York.
8 60
3 75
4 10
3 50
Costa Rica
£
....«
15
®
16*
&
®
.|) 100 lb
“
........
“
JDchineaf, Honduras, silver...
'Cochineal, Mexican............
Cream tartar, powdered
Cabebs, East India
Catch
Gambler..
per
Ginseng
Glycerine, American
100lbs.
'*
••
5
4
5*
10
20
78
27
23
28
7*
5*
8 50
22
I*
&
©
8 75
50
43
1 50
1 20
17
1 50
**
22
1 57*
®
®
®
®
7
19
7*
Gr’dBk.A
George’s rnew) cod.|) qtl. 3 CO at i 00
Mackerel, No.1,M. shore
pr.bbl. 14 00 ® 22 00.
Mackerel, No. 1, Bay..
Mackerel,No.2 Mass, shore
12 50
FRUIT—
Balsias,8eeaiess.
do
to
do
SOlb.frall
per
....
Layer, new
Loose, new
nom.
Valencia, new
Currants, new........
3 30
©
.©
1 90 ®
©
.
13
4
Figs, layer
Apple?,Southern,sliced..
no
v
do
4n
f) ft
12*@
12k®
Blackberries
BMpbcrries
State...............
Whortleberries
& BAY-.
«...
&
4*
®
®
11
10
©
®
®
®
10
21
20
is
12
50
®
55
.....
No. 1
3P ton. 16 50
15 50
.
S£*£??rlcaD»For*e
Bcotch.....
*...,...
14 50
28 50
®
®
®
®
18
17
16
24
00
00
00
25
Bar^Swodes, ordinary sixes.. V ton.180 00* ®im6
I
^
"
*x*^fo.22t01&:*x l3&I4
Sff!* M,lavv
Bheet.
single,double A
"hils,American..
^Bteel rails,
’*
gold.!)ft
«
treble, com.
American’/.*/.
9
ton,
cnr. 82 00
43 00
■OLA8BEBV
*
oaf*.
ao Mus.,refin.gr’d8^0test.
do
* ;
grocery grades.
5
gal.
i
10*®
8*®
...
35
2 8-10
11
4
® 36 00
© 44 00
>®
9
•
3d
...
Nominal.
Nominal.
82
25
©
•
Hong Kong & Shanghai
Banking
Corporation,
Office* Hong
1 09
45
Head
V gal.
Cases
Refined
"
PROVISIONS—
Pork, mess, spot
Pork,extra prime
Pork,prime mess,West
Beef, plain mess
®
...
6
8. W.
9 7J
"
Beef, extra mess
SeefhaTns,Western
Bacon, West, long clear
Hams,smoked
Lard. City steam,
"
I> ft
87*
©
....
®
....
....
10 00
11 75
19 59
"
9
®
...
**
Post Office Box 2,634.
3
**
6*85®
lift.
6* *
....©
COMMISSION
4*
9*
®
“
“
Fair
Good refining
Prime
Porto Rico, refln , fair to prime
Boxes, clayed. Nos. 10@12
Centrifugal, Nob. 7@13
hfelado.•«...
“
"
do
granulated...
do cut loaf
Coffee, A. standard.
do
off A
White extra C
**
"
"
*'
Yellow C
Other Yellow........
'•
"
SODA.
li
Old
....
The
9
3X
8*
6*
7*
7*i
"
Molasses sugars
OF
No.
7X®
7* a
....®
7 .j
...®
7 1-16
OF
SUPER-CARBONATE
.9X
m ft
"
MANUFACTURERS
....
9*9
9*®
9X®
8*d
8*»
"
......
7*
8*
7*
6X9
9*®
"
Hard, powdered
®
CO.* of China*
John Dwight & Co.,
6*
7*®
"
Refined—Hard, crushed
7*
7*
8*
A
104 Wall St.* New
Vorh*.
7*
,7*d
7*@
7X®
5*«
7
"
OLYPHANT
7 5-16
7 7-16
7 9ri6
®
....®
*•
......
Manila, sup. an 1 ex. sup
Batavia.Nos. li’®12
Brazil, Nos. 9@ll
—
7*<>
**
••
BEPBKBBNTBD BY
....©
«*J
"
..
Canton* China.
7
....
..
MERCHANTS,
Kong Kong* Shanghai* Foochow
andt
....
....©
"
"
BOSTON*.
Olyphant & Co.,
©11150
RICE—
Carolina,fair to prime
Louisiana, lair to prime
Rangoon, in bond
Exchange Place*
© 12 00
® 20 0J
,...®
“
COMMISSION MERCHANT,
©
14
Vbbl.
Kong#
Represented by
POMEROY Jb„ 105 Watbb St.. N.
Y.
Charles E. Parker,
7*
15*
14*®
11*®
"
Jobbing Trade
Slip, New York*
ONLY Supplied.
George A. Clark
7*
& Bro.,
TALLOW-
Primeclty,
V ft.
OuLof*town
"
....®
WOOLAmerican XX
American, Nos. 1 A 2
Wft
82
28
37
35
18
American, Combing »•••••••••••••••••
Extra,Pulled
No.l, Pulled
California, Spring
Merino,
unwashed
Smyrna.unwashed
gold.
STEAM.
9. d. e. a.
—
....© *
2 6 ©,...
10 0 v40 0
7X, 6*
s
56
3 9
30
44
40
25
©
®
Mil*WARD’S
30
24
400
18,
Financial*
28
UNION TRUST CO.
18
d.
8. d.
15-61 comp.
2 3 v
22 6
25 0
7 a
OF
No* 73
....
....
7 <a
....®
NEEDLES.
15
8,
a....
HELIX
BROADWAY, NEW YORK.
23
SO
26
BAIL.-
0....
®
38
«
26 ©
22 ®
15 ©
12 ®
26 ®
25 ©
23 &
23 ®
16 ®
...
.........
Cape Good Hope, unwashed
Texas, fine. Eastern
Texas, medium. Eastern
FREIGHTS—
To LivnnrooL:
Cotton
D ft.
Flour
|) bbl.
Heavy goods. .V ton.
Com.b’lk A bgs. V bu.
Wheat, bulk A bags..
Beet......
* tee.
I Pork
4
©
Clip—
Inferior...................
South Am.
®
...
....
....
...
NEW
YORK,
Broadway* Cor*
CAPITAL,
-
-
rT
-
*
Rector St.
$1*000,000*
HAS SPECIAL FACILITIES FOR
ACTING AS
Transfer Agent and
Registrar of Stocks*
Brinckerhoff, Turner
&
50
45
act as Executor,
Administra¬
tor, Guardian, Receiver, or Trustee, and is
a
LEGAL DEPOSITORY FOR
MONEY*
Interest allowed
Co.,
Manufacturers and Dealers in
EDWARD KING, President.
J. M. McLkan, 1*2 Vice-President.
Wm. WmTBWBieHT, 2d Vice
President.
EXECUTIVE COMMITTEE.
McLean,
Samuel Willets,
Augustus Schell,
Wm. White
weight,
E. B. Wesley,
Geo. Cabot Wabd,
G. G. Williams,
Theodobe Roobbvblt.
J. H. OGILVIE*
Secretary*
J. M.
And all kinds of
COTTON CANVAS. FELTING
DUCK, CAR COt ER
LNG, BAGGING, RAVENS DUCK, SAIL TWINES
AC. " ONTARIO * SEAMLESS
BAGS,
*
AWNING STRIPES.’
The
Company*
A fall supply all Widths and
Colors always in stook.
No* 109
Duane
E. R. Mudge,
Street.
Mfg Co.*
Saratoga Victory Mfg Co»*
AND
Hosiery* Shirts
NEW YORK,
A 45 Whitb Stbkbt.
PHILADELPHIA,
15
BOSTON,
v
Chatoosy St.
J, W. DAYTON, 230 Ctt*ST«UT STMST.
Brooklyn, N. Y.
This
Company is authorized by special charter to sc t
receiver, trustee, guardian, executor or adminis¬
trator.
It can act
Darlington Woolen Co**
Eller ton New Mills*
Atlantic Cotton Mills*
and Drawers
From Various Mills.
Brooklyn Trust Co.
Cor. of Montague & Clinton
sts.,
as
Sawyer&Co
AGENTS FOR
Mills* Chicopee
Washington
Deposits, which
Clearing-House.
COTTON SAILDUCK
Also, Agents
United States Btinting
on
may he made
and withdrawn at any time.
N.B.—Checks on this institution pass
through the
.
!) 100 ft
-
.
3
®
6
4
6
4*
9
under Cotton.
Horth River Bhiop’ug
> moli¬
.
14
9*®
UHHIKS.—See report
ng, American,
13
8 00
®
©
25
is
W^ea.arymixed...
S. W. POMEROY Jft.,
105 Watbb St., N.Y
S
Authorized bv law to
4
3
4
4
4
do
quarters,.
::
Peaches, pared, Ga., good to choice
V~, do
unpared, halves and qrs...
;
•
China.
) Represented by
FORCES, £
Commercial Cards.
®
®
10 ®
6 50 a
19 ®
State, sliced
do
•*
“
“
Hankow,
Boston Agency.
58
81
60
56
45
91
Co.,
MERCHANTS
AND SHIP
AGENTS,
Hong Kong* Canton*
Amoy* Foochow*
Shanghai and
J. MURRAY
30 Cbntbal Strbbt.
City, thin oblong,bags, gold. f> ton. S3 CO ® 35 00
Western, thin oblon# (Dom.)cnr " 30 00 ® 30 50
...
d
case.
V ft
quarters
10*
9*®
French
Canton Gin
ger.wh.Ahf.pots.!)
Sardines, B half box
toaiues, |) quarter box
Macaroni, Italian
Domestic Dried—
:;
14
4 00
OIL CAKR—
....
4*®
dtron......... ........................
Prunes, Turkish inew)
do v
fiatos
a 20 00
® 1100
® 15 00
9 00
Mackerel. No. 2, Bay
50
75
85
1 10
*•
**
Lard oil. Nos. 1 and 2
Burry
®
®
112*®
Lac, 2d A 1st English..!) ft.cnr.
Soda ash
f) 100 ft. gold
Sugar of lead, white, prime,!) ft cur
Whale,bleached winter...,..
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Sn^erlor, unwashed
47*®
COMMISSION
8>
OILS—
Cotton seed, crude
|) gal.
Olive, in casks W gall
R
Linseed, casks and hbls
“
Menhaden, crude Sound,.... *•
Neatsloot, No. 1 to extra
“
Russell &
<9*
52*
1
75
55
lift.
....
1*®
“
Navy A best
FxtraCno
26X
©
©
fl
gold
Vitriol, bine.common
25
«*«
cnr.
Fisa-
....
©4
© 1
©
S
©
®
®
75
17
21
26
25
26
“
cnr.
pr....
19
®
4 10
gold.
Rhubarb, China,good to
16*
5*®
Nutgalls,blue Aleppo
Oil vitriol (66 Brimstone)
“
Opium,Turkey ....(in bond), gold.
Prosslate potash,yellow. Am..cnr.
**
Patna, duty paid
“
SUGARInferlor to common refining....!) ft.
6 8 15
<3 18 50
©
53
©
8
Licorice paste, Calabria
**
Licorice paste, Sicily
“
licorice paste, Spanish, solid., .gold
Madder, Dutch..
**
dslsoda,Newcastle..!)luOft,
Shell
26
23
25*«
**
Qatnlne
©
&
®
...
“
Quicksilver
28
<£
90
3 60
15 CO
56
50
car.
“
“
Madder,French, E.X.F.F
©
2*3
cur.
Jalap
18
,23
«
2*
315 a
....®
II*
1 15 <Q
1 20
....* 26 25
.gold.
pure
13*
16*
©
17
100lb “
f»n> cur.
|) 100 lb. “
Caustic soda
Cilorate potash
16
17
16
*
®
22*®
Brimstone, 2n is A Srds.per ton.gold.
Brimstone, Am. roll
3Hft.,cur.
Camphor refined
**
Castor oil, E. I. in bond. V gal..gold.
•
a
16*3
Bicarb.soda,Newcastle.!)
.
15
14*®
“
Bichro. potash...
17
28
8
13
13
13
13
•»
Bleaching powder
16*
®
13*
Sheathing, new (over 12 oz;
Braziers’(over 16 oz.)
American ingot. Lake
D3UGS A DYES—
Alum, lump. Am
V ft cur.
Argols,crude
gold.
Arsenic,powdered
ig
20
V lb
Argols .refined/...
14*
16X®
16X®
COTTON—dee special report.
COPPER—
Bolts
**
.
OAK CM—Navy.U.S.
1
1
2
3
Commercial Cards.
2 25
2 25
2 12*
200
200
"
**
Naphtha,City, bbls
14
*
gold.
1 to good 17o. 1
low No. 2 to good No
2
low pale to extra
p .!e
window glaas
PETROLEUM—
Crnde, in bulk
delivery at New
COFFEE—
Bio, ord. car. 60and9Gdays.gld.il ft
do fair,
do
gold. ••
do good,
do
gold. “
do prime,
do
gold. “
java, mats
gold. "
Native Ceylon
gold. ••
Mexican
gold. ••
Jamaica
gold.
••
Maracaibo
gold. “
Laguayra
gold
“
St. Domingo
gold. *•
Bavacllla
gold. '•
-
“
•*
-
Liverpool gae cannel
Hoboken.
$3 42*
| bhl. 2 00
Spirits turpentine
29
.....gtgal.
Rosin,
strained to good strd.V bbl. 1 45
“
low No.
“
Welsh, 8tftte,grd to choice **
"
Western dairy, fair to pr.
•*
“
CASKSS—
State factory,prime to choice....!) a
Western factory,g’a to choice..
“
burg.*
St’mb..|3 45
583
NAVAL STORKS—
as agent in the sale or
management of real
estate, collect interest or dividends, receive
registry
and transfer books, or make purchase and
sale 01 Gov¬
erns. ent and ether securities.
Religions and charitable Institutions, and persona
unaccustomed to tbe transaction of business, will
find
this Company a safe and convenient
depository for
money.
RIPLEY ROPES, President.
CHAS. R. MARVIN, Vice-Pres t.
Edgab M. CULLBN, Counsel.
J. S. Rockwell,
TRUSTEES:
Henry Sanger,
Alex.
McCue,
John P. Relfe,
Chas. R. Marvin, A. A. Low.
Thomas Sullivan, Abm. B. Baylis,
Henry K. Sheldon,
H.E.rierrepont, DanTChanncey, John T. Martin,
Alex. M. White,
Josiah O. Low, Ripley Ropes,
Austin Corbin,
Edmond W. Corlles.
Wm. R. BUNKER, Secretary
[Vol. XXVI.
THE CHRONICLE.
584
Boston Bankers.
Financial.
Hilmers,McGowan & Co J. S. Kennedy & Co.,
BANKERS AND MERCHANTS,
BROKERS
IN
Wall Street, New
63
York.
(P. O. BOX 2,S47.)
the negotiation of Com
Special attention paid to
merclal tills.
Wanted
TO
IOWA, NEBRASKA
10
to
Edgar Thompson Steel
of the
Invest¬
ment of
City, Iowa.
Ref erence.—First National Bank, Sioux City, Iowa.
Sioux
Defaulted Bonds.
Special attention given to Compromising, Funding.
Buying or Selling Missouri County, Township and
Municipal Defaulted Bonds.
Holders and dealers would consult their Interests by
furnished.
GOVERNMENT BONDS, GOLD, STOCKS
MISCELLANEOUS SECURITIES.
AND
HO Broadway & 15 New St.,
BANKERS
BANKERS,
STREET AND BROADWAY,
COR. OF WALL
New
New York
STOCKS, BONDS and GOLD Bought and Sold on
Commission, and carried on Margins.
Deposits Received and Interest Allowed.
IF" Accounts of Country Banks and Bankers re
ceived on favorable terms.
purchase and sale of STOCKS,
for cash or on a margin.
P. O. BOX
Bailey,
IS
STREET,
WALL
they
Hachfield,
Albert E.
DEALS
OF ALL KINDS,
Bailboad
Bonds and Southern
au. Descriptions.
CORRESPONDENTS
JOHN
HAMBURG.
FEED. A. BROWN.
WALSTON H. BROWN.
STOCKS,
34
STOCKS and BONDS
At Auction.
Pine
ATTENTION GIVEN TO THE NEGOTIA¬
TION OF
RAILROAD
REGULAR AUCTION
AXD
SECURITIES.
No. T
AND ALL
Boston
No.
DULLER &, SON,
145
35
CONGRESS
T
mrnrn
1—r - - r
i
-
Adams
BONDS
Railroads In this paper
~
~
Sc
—
—
- —*
Leonard,
{BANKERS,
THE
Correspondent
CITY
BANK
.
Moody ft Jemlaou
OP
HOUSTON,
We
give special attention to
Texas.
collections on all acces¬
sible points.
-
C. 8. Long*
C. C. Baldwin, W. B.
A. BOTTS, Pn^
Directors,—Benjamin A. Botts. Pres’t:
cope, W. J. Hut shins. F. A. Rice,
Botts. Rob*t Brewster.
BENJ.
B. F. WEEMS, Cashier.
Insurance.
STREET,
Dealers in Slocks,
Bonds, Gold and Commercial
paper.
£ee <motatlon* of City
WILMINGTON, N. C.
Collections made on all parts of the United 8tates
Co.,
Boston, Mass.
BOUGHT AND SOLD.
Bank,
First National
Bankers.
YORK.
CITY RAILROAD STOCKS &
A. K. Walker, Cashier.
: BANKERS,
Grant,
BROADWAY,
NEW
S. K. Burrubs, Prea’t.
Bank
CLASSES OF
Brewster, Basset &
No.
L.
German American Bank, New
ORGANIZED APRIL12™ 1842
PINE STREET, NEW YORK.
H.
IN
CITY Sc COUNTY BONDS
BONDS,
WEDNESDAYS AND SATURDAYS.
—
Houston,
INVESTMENT ft MISCELLANEOUS SECURITIES
Refers by permission to W. S. Nichols & Co„ Bankers
ON
ADRIAN H.
Correspondents.
Capital, $500,000,
Gaylord,
J. Alden
St., New York, '
ST. LOUIS
JNO. W. MILLER
D. WIILIAMS.
DALLAS, | TEXAS.
33 Wall
SALES of all classes of
Bankers.
Street, New York.
DEALER
STOCKS
R
jayment.
New York
SPECIAL
,
BANKERS,
MOBILE, ALABAMA.
Special attention paid to collections, with prompt
remittances at current rates of exchange on day of
BANKERS,
STREET.
hold
PHILADELPHIA.
Orders in Stocks and Bonds promptly executed at
he Philadelphia and New York Boards.
Walston H. Brown & Bro.
Beers, Jr.,
Brooklyn _Stocks,
undersigned
and
BERENBERG, GOSSLER Sc CO
N. T.
The
OF
EUROPE.
IN
HOUSE
Securities of
Indianapolis & \ Incennes Bonds.
WALL
Co.,
London, (Limited.)
•
Southern Railroad Bonds, all kinds.
Toledo Logansport & Burlington Bonds.
Kansas Pacific Ratlroac Bonds.
Union & Logansport Bonds.
U
STOCK BROKER,
WALNUT PLACE (316 WALNUT ST.),
fork; Louisiana National Bauk. New Orleans;
if Liverpool, Liverpool
International Bank of Hamburg
WANTED.
GAS
70 State Street.
Gossler Sc
-
CITY BONDS
BOSTON.
NEW YORK,
134 Pearl Street.
IK
Securities,
Bought and Sold
Brooklyn Securities
NEW YORK,
First-Class Investment
Correspondents—McKlm Brothers ft rp.
Thos. P. Miller & Co.,
SPECIALTY.
A
Cash paid at once for the above Securities; or
will be sold on commission, at seller’s option.
information fur-
-
THOS. P. MILLER,
STOCKS
GAS
SPECIALTY.
A
a
30 BROAD STREET.
Room 23.
Stocks
and
solicited
Southern
Dealing* In-**
Insurance
H. Prentiss,
Geo.
PINE STREET.
W. Trask
VIRGINIA SECURITIES
J. Bell Austin,
I
S.
7
uished.
N. 1.
203
C. W.McLkllan, Je.
and
specialty.
Correspondence
For Sale.
2,647.
BROKEK8,
AND
BALTIMORE.
INVESTMENT
BONDS and GOLD
Investment Securities
A.M. Kidder;.
E.
York.
Banking Business, Including the
Ti aneact a General
Banking Business.
Transact a General
and
Wilson, Colston & Co.,
ft
AND BROKERS,
BANKERS
City
Western
Phila. &. Baltimore Bankers.
Francis,
&
DEVONSHIRE STREET
78
Buy and Sell
LOUIS.
References.—Messrs. Clark, Dodge ft Co., Speyer
Co,. New York; E. W. Clark & Co., Philadelphia.
Trask
Stackpole,
Parker &
BANKERS,
SECURITIES, Gold,
Railroad Bonds.
County Bonds.
BANKERS AND BROKERS,
ST.
STREET, BOSTON.
BOSTON,
Sc CO.,
KELEHER
F.
P.
BANKERS
DEALERS IN GOVERNMENT
8KLL
AND
Chas. A. Sweet & Co.,
State, City, County acd
Reliable information cheerfully
conferring with us.
BANKERS AND DEALERS IN
40 STATE
WALL STREET,
BANKERS, No. 12
BUT
Boston,
York,
New
Equip¬
Hatch & Foote,
and Warrant Broker,
General Land, Scrip
to the Construction and
Railroads undertaken.
All business relating
TALBOT,
H.
Co. (Limited),
P1T1SBUR0H, PENN.
S \LE.
FOR
A Choice lot of Lands In different parte
West. Also, Western Securities.
A Choice
ment. Address, for full particulars.
72 DEVONSHIRE ST.,
TH1
AND
AND DAKOTA.
Geo.Wm.Ballou&Co
Municipal Bonds.
JOHNSTOWN, PENN.,
SECURITY IN
Member N. Y. Stock
8 WALL STREET,
Cambria Iron Company,
12 Pkb Cjbnt Guaranteed.
D.
New York.
Buyandsell Railroad Investment Securities. Colect Coupons and Dividends. Negotiate Loan* and
draw Bill* of Exchange on London.
Agent* for the sale of STEEL RAILS made by the
Money
LOAN ON APPROVED
WILLIAM ST.,
41 CEDAR, COR.
AND GOLD,
FOREIGN EXCHANGE
Grobgr H. Holt,
Exchange.
6ro. War. Ballou.
Orders executed on
Auctions, and
Commission at Brokers
Private Sale.
Investment Securities constantly on
hand.
Board
ISsi.J-S.WINSTON.PRESIDENT
a01
*U*S EVERY APPROVED DESCRIPTION vr*
LIFE and ENDOWMENT P0UCD&
ON TERMS AS FA VORABLEAS THOSE OFANY OTHER CO*
@FedFRASER