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HUNT’S
MERCHANTS’
MAGAZINE,
§jk W ^ je It I h
THE
REPRESENTING
AND COMMERCIAL INTERESTS
INDUSTRIAL
there need be
CONTENTS.
THE
The Silver Dollar Mania
The Situation in France...
vs.
Condition and Progress of
THE
from
£31
532
January 1 to May 31
Currency Changes
£29
The Debt Statement for May, 1S77
Latest Monetary and Commercial
English News
530
in May, and
Commercial
News
BANKERS’
and
Miscellaneous
533
533
535
GAZETTE.
I Quotations of Stocks and Bonds. 539
Money Market, U. S. Securities,
Railway Stocks, Gold Market,
| Local Securities ...
540
Foreign Exchange, N. Y. City
I Investments, and State, City and
Banks, National Banks, etc
536 | Corporation Finances
541
THE
fear that the Silver
Dollar bill will
chronicle.
527
528
Life
Insurance
no
receive the President’s favor.
Natural Courses of
Tr.de
Railroad Earnings
NO. 624-
SATURDAY, JUNE 9, 1877.
VOL. 24.
Artiiicial
OF THE UNITED STATES.
COMMERCIAL
That the
Government, however, desires all the nations
of the world to remonetize silver is
that is
probably true, for
wish very generally held, at least outside of Great
Britain and Germany.
Mr. Nourse clearly shows its
a
necessity in his letter we have referred to. The world,
up to 1873, required the entire stock of silver and gold
as a
basis for its commercial exchanges.
Since 1S4S the
“
TIMES.
growth of business” has been simply marvellous. In
the same period (or say down to 1875) the stock of these
r
Cotton.
544 | Imports. Receipts and Exports. .. 54W
Breadstuifs
547 | Prices Current
550
two metals has increased from about $2,000,000,000 of
gold and $3,000,000,000 silver to about $3,650,000,000
gold and $3,350,000,000 silver. These are the figures
The Commercial and Financial Chronicle is issued on Satur¬
of Ernest Seyd in his “Fall in the Price of Silver.”
day morning, with the latest news up to midnight of Friday.
518
514 | Dry Goods
Commercial Epitome
<&l)rcuticle.
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THE SILVER DOLLAR MAMA.
Clearly this 40
per cent addition to
of the influences resulting
the world’s money
was one
in stimulating pro¬
ductive industry during the period in question, and up to
1873.it was all in use and required to carry forward the
commercial growth then in progress. So, too, it is now
required if the same growth is to be further continued.
But it is quite a different question whether this coun¬
try shall alone attempt to stem the tide that in Europe
has set in against silver as currency. Our position makes
it, for many reasons, eminently suitable for us to propose
a
L
conference of nations which shall seek to reinstate the
discarded metal ;
most
and the coming season is likely to be
fitting for its consideration. Even if it did not
result in
perfect union, it might result in such a com¬
different powers as would restore
No nation is more interested to
attain that end than Great Britain. As we all know, the
fluctuations in silver have disturbed not only all her
a
bination among the
the old equilibrium.
relations with India but her trade with other countries.
Germany, too, finds her peasant population constant to
silver. Besides- all this, it must, we think, appear on
Mr. B. F. Nourse, in January last, to Mr. John M. examination by such a conference, that the object we
Forbes. This is a timely publication, as the subject is seek is not only desirable but almost a necessary condi¬
just now again being industriously brought forward by tion to the world’s commercial progress; we repeat that
politicians. Within a few days, also, it has been stated the world needs the entire stock of the two metals, and
that the President has become an advocate of a silver commerce would be crippled if it is to be confined to
currency, having expressed his opinion in favor of the gold alone to do the work.
Should wre, however, remonetize the silver dollar now, l
re-issue of the old silver dollar. This assertion is
undoubtedly erroneous, and is most likely put forward we do not assist in attaining this end, but simply
by the inflationists with the intent of strengthening help to relieve Europe of* its present embarrassment.
their position in the coming political contests.
The The scare the European world has experienced the
Administration has other work to do. Having disposed past two years with regard to the permanency of silver
of .the $200,000,000 4£ per cent bonds (the total values has struck deeper than many imagine.
We can
see
evidence
of
the
it
in
writings of French, German
allowed by the law, according to the official interpreta¬
and
tion of it) arrangements are now in progress for nego¬
English ecomomists. If they could only turn all
tiating the 4 per cents. With this in contemplation, their silver over to us, make a market for it here while
We find this week in the Boston papers a very full
and exhaustive letter on the silver question, written by
THE
528
reader. How foolish to think that the few hundred
getting rid of it, what a blessed relief it would
be to them; that is the only recourse they have left, if millions we could use as currency, can have any influence,
its value cannot be permanently established. They all beyond the time we are purchasing it, to keep the mar¬
see and admit that this latter point is
to be attained ket up to the rate we have established. The nations of
Latin Union found that they together could not
alone by united action.
Left to itself to drift as it is the
sustain price against the comparatively trifling adverse
now doing, the evil must extend; for, it is like a virulent
cancer eating into the body of this precious metal.
We influence then prevailing. They were being flooded
have arrested the disease for the moment by using the with silver and were compelled to shut down the gates
to keep it out.
Can we, single handed and against a
supply of our mines to furnish the country with a sub¬
wider spread of the evil, do better than they ?
sidiary currency. Consequently we are sending no silver
they
..
were
Europe, but have bought some small lots there, and
result have, for the time being, steadied the market.
Yet, on the Continent, the feeling of mistrust and
solicitude still remains, for the true situation is well un¬
to
as a
England and Germany, with a few smaller
countries, now have a gold basis; but the nations of the
Latin Union, mainly through the action of Germany, have
seen their values all unsettled, and been forced to suspend
the free coinage of silver,
flow eagerly France, Hol¬
land, Belgium and Switzerland would go to work to-day
to put themselves alongside of Germany if they only
derstood.
-
[June 9, lh77.
CHRQMCLE.
could do
so.
The fluctuations of the past two years
have
necessarily disturbed their confidence in silver very
greatly; in fact, this little piece of history has, they
think, proved to them that their house is built
slight force shakes it
so.
Besides, even if this were otherwise, they
be pleased
would
to be like their neighbors^
and, with favorable conditions, 'would inevitably drift
into a similar policy.
Shall we, therefore, step in and
upon
a
quicksand—such
a
relieve this embarrassment?
We
can
do it and
serve
faithfully the interests of these Continental na¬
tions. All that is required of us is to re-coin the old
silver dollar and make it the basis of our currency.
By
most
subsidiary coinage we have saved Germany many a
loss—in fact, we have helped her through. We toned
up the market at the very nick of time.
She was floun¬
dering about, losing thousands of thalers, aching to,
but afraid to sell more, when we very kindly made a
our
market upon which she
her discarded metal.
has floated, and is still floating,
THE SITUATION IN FRANCE.
saying that when France
was at peace with herself, Europe had rest.
Of late
years a great change has passed over that country and
people. Since the unification of Italy on the one hand,
and of Germany on the other, France occupies relatively
a less
prominent position. It may well be doubted, how¬
ever, whether the change is such that the nations of
Europe could contemplate with indifference another
general uprising of her people.
The existing situation is certainly very peculiar. A
republic' in name and form, and ostensibly ruled by a
President, that nation now feels itself as much under
It
was
formerly
a common
did in the
days of the First or Second Empire. The recent con¬
duct of MacMahon as almost unexampled.
No ruler of
France ever acted in a more arbitrary manner. Ilis
behavior towards the Simon Cabinet, his prorogation of
the Chambers, his extraordinary action in the matter of
the prefects, his interference with the liberty of the
press and the freedom of individual speech—all reveal
the man who has a fixed and determined purpose, and
the influence of the
who wishes to know
French
one-man
no
power as
will but his
it
own.
not
He tells the
people that he desires to save France; but that
are to yield up
he may be able to do so, the French people
their volition and their likings to him, and
selves
ever
entirely and without reserve
difficult to
see
who act with him
them¬
in his hands. It is
to place
and those
resolved that the power shall not
that the Marshal-President
are
from them until they have accomplished their
France was becoming contented, happy,
Now, the question arises, shall we do the same for purpose.
under the republic. It was becoming more
France, Belgium, Switzerland, and Holland, that we prosperous
and more manifest that what was a mere name and form
have done for Germany ? They would need a larger
might soon become a fact. It was not for this purpose
gratuity, but it can be all supplied by the silver dollar, as that
power was conferred upon MacMahon.
Hence
in introducing it we should absorb several hundred mil¬
the change of ministry, the prorogation of the Chambers,
lions. We would thus be able to vitalize the market fora
and the interference with the prefects. The proroga¬
considerable time. France and Holland could sell and we
tion of the Chambers has for the time being stifled dis¬
could buy. Great Britain, too, might, perhaps, use the
cussion, and the prefectoral changes will not unlikely
opportunity to bring India upon a gold basis. We enable the
government to control the ballot-box, in the
notice that some of the ablest financial papers in England
event of the Senate consenting to a dissolution.
advocate quite strenuously the wisdom of our coining
It is perfectly plain that MacMahon and his friends
the silver dollar, while on other occasions they suggest
are determined to keep a firm hold of the reins of power.
casually the inevitable change to gold, which India must
It is not so clear what use they intend to make of that
some day prepare for.
Of course they see no connec¬
tion between the two events; in their innocent eyes, they power. It is declared by some, that the present state of
things in France is due to Ultramontane influence, and
are as distant as the poles, but to our eyes there is a
that the ultimate object is the restoration of the temporal
remarkable connection. Shall we be the scapegoat in
pass
It is declared by others that the
motive under which MacMahon is
to-day to speak of the final
results to ourselves of this policy of thus fixing the price acting is vengeance, and that he means to make use of
his now magnificent army in order to wipe out the
at which we are ready to take the world’s stock of silver
It is, however, scarcely necessary to add, because so disgrace of Sedan and to recover Alsace and Lorraine.
It is the belief of yet another class that MacMahon is evident, that we should get it. Yet we are the pro¬
about to play the part of the English General Monk
ducers of silver and have it for sale—do we want to
and to place the Fourth Napoleon on the throne of
become the chief buyer of it? But, says the silver dol¬
France.
We are loth to believe that the Marshal-Presi¬
lar advocate, our action would permanently establish its
dent is influenced directly by any of these motives. That
value abroad. If what we have stated above is true,
there is a strong feeling in France in favor of the restorathe utter weakness of this position must be clear to every
this dilemma?
We have not the space
power of the Pope.
real and controlling
June
9, 1877.]
Papal temporalities is well known; and it
would doubtless be a source of pleasure to MacMahon to
be able to lend a helping hand in bringing about such a
result. That he would be proud, if he could, to win
back the glory which was lost at Sedan, may well be
taken for granted ; and we can easily believe that it
would be the proudest moment of his life, if with his
own hand he could re-establish the empire and lead the
son of his former master to the imperial throne.
But
not one of these things could be immediately attempted
—at least not without tremendous risk.
Any one of
these courses would be pregnant with peril to the very
life of the nation. The immediate purpose—whatever
the ultimate purpose may be—is probably les3 ambitious
than any of those just mentioned. MacMahon and those
who act with him are, we believe, controlled immediately
by but one motive. They detest the Commune. They
hate the opinions of the Left. It was with pain they
saw the nation coming more and more under the influ¬
tion of the
529
THE CHRONICLE
and the Baltimore & Ohio,
the bottom
of it
or
not, is
whether it has any fact at
re-suggested by
a
condition
things which disturbs importers in this city and is just
attracting some attention.
It is alleged, and not denied, that under an arrange¬
ment entered into by all the steamship companies run¬
ning between this port and Great Britain, the uniform
rate for certain classes of goods from Liverpool to
Chicago and some other Western cities, is 12 shillings
and 6 pence per ton, while to this city it is the same,
of
now
known as “primage,”
freights affected include nearly all classes
of merchandise, except those known as “ measurement,’
and under this arrangement 2,000 boxes of tinplate,
for example, weighing 100 tons, would cost $359 62
from Liverpool to New York, $320 89 to Chicago,
$261 54 to Philadelphia or Baltimore, and $111 77
to Boston.
This is, of course, a very decided dis¬
crimination against New York, and tends to build up
the direct trade between Europe and Western cities;
accordingly, there is a disposition in some quarters both
to criticise the steamship companies for their combina¬
tion against this city and to predict the decay of trade
with
a
added.
10 per
cent old charge,
The
guidance of extremists. If France was making
progress, it was such a progress as was leading her away
from the church, from the principles of true conservatism,
from the traditions of the empire.
It was in MacMahon’s judgment a backward progress. It implied, as here in consequence of it.
The criticism and the inference, however, are alike illhe thought, the nation’s ruin, and he has attempted to
hold it in check. “ I am of the Right,” said MacMahon founded, for they proceed upon the silent assumption
that the steamship companies have other than commer¬
to his late chief of Cabinet; and his action shows that
cial motives, and that a condition of things unnaturally
France will not be allowed, if he can prevent it, to come
under the influence or control of the “Left.” Whether produced can be permanent. The Erie and Central
roads are parties to the arrangement criticised, as must
MacMahon will be able to restrain the republic, or
be the case since the through rate from Liverpool to
whether the republic will throw off MacMahon and
Chicago is materially less than the current rail rate from
pursue its own course, time alone can tell.
the seaboard to Chicago; but the cause lies further
In the present crisis much must depend on the action
back. Mr. Scott and Mr. Garrett, having, as is under¬
of the Senate.
They may refuse to give their consent
to a dissolution of the Parliament.
In such a case, Mac¬ stood, undertaken to “ build up ” Philadelphia and Balti¬
Mahon would certainly find himself in a most awkward more, have undertaken to foster steamship lines from
those ports, and in so doing have put down through
predicament. The majority in both Houses would be
to the figures above named, leaving the Central
opposed to both himself and his Cabinet. If the Senate freights
and Erie roads no alternative but to meet them with the
takes that course, it will be influenced mainly by the
like rates by way of this port. In so doing, the latter
hope that the President will resign. We have no idea
have not harmed New York importers by making this city
that the old soldier will be so easily driven from his
a point of debarkation for merchandise which would
purpose. He holds his office for a given term of years,
otherwise have gone by way of the other ports; but, on
and not at all at the mercy of the Chambers.
The pre¬
the other hand, they not only saved to the steamship
sumption is in favor of an early dissolution ; and there
companies their trade in some measure, but took the
can be no doubt that the Senate will act more wisely
course most likely to checkmate the rival roads. Plainly,
if it yields to the President’s wish. If the republicans
the losses resulting from such inadequate rates must fall
refuse to go to the country, it will be a gain to the
President and the reactionary party; for their conduct upon the contracting parties in such proportion as they
can agree, and on that point they have taken nobody
will be attributed to fear. With the veteran Thiers at
into confidence; the point of immediate importance is
their head they might be able, even in spite of govern¬
that the reduction initiated ^by the two roads, offset by
ment influence, to win the day.
And yet, it is not to be
the action of the others, must fail of its purpose of
forgotten that the elections in France are always carried
through trade, without benefitting Philadelphia
by the party which controls the ballot-box. The history diverting
and Baltimore, and that the case is only another instance
of the First and Second Empires is sufficient proof of the
of the old struggle which continues until the parties get
truth of this assertion. Since the fall of the late Empire,
sick of bearing its hurts.
There seems to be no
the same truth has received more than once ample
end to these attempts to turn trade hither and thither
illustration.
The ballot-box is in the hands of the
and build up a lesser seaport into one of command¬
prefects; and the prefects are now, by the arrangements
ing importance. The latest one announced proposes to
just completed, the creatures and tools of the President.
turn the antiquated town of New London into a com¬
Hence, though the situation must be admitted to be
mercial rival of New York, the argument being that the
beset with difficulties, it would appear not unlikely that
Vermont Central system of railroads brings that place
the influence of the government will be sufficient to
nearer than Boston
to the Hoosac Tunnel and the
control the elections and sustain itself.
Boston & Albany route, that freights can go out or in
as cheaply by New London as by Boston or New York}
ARTIFICIAL VS, NATURAL COURSES OF TRADE.
The current rumor that the visit of Mr. Vanderbilt to and that the place possesses advantages in respect to
Europe was for the purpose of arranging for a steam¬ harbor and wharf facilities, as well as in being 100 miles
ship connection with the Central road, by which he nearer Liverpool than New York is. In this faith, a
might more effectually compete with the Pennsylvania substantial pier, 1,100 feet long and 150 to 250 broad,
ence
and
has been built
-
by the railroad, and the coming of export
trade is expected.
Now commercial rivalry may work incidental harm,
but it is the spring of all healthful trade when left to
operate naturally.
When, however, it is attempted
because somebody who has evolved a scheme of devel¬
opment for his imagination dictates it, and undertakes
to build up and pull down, it is mischievous in effect
on all sides.
If it is natural for commerce to gather
at Philadelphia and Baltimore, let it gather there,
and the ultimate results will be generally bene¬
if it is not natural—and the spasmodic
ficial;
attempts to divert it indicate that it is not—
every
interest will receive harm. The railroads
are hurt by working
at a loss; investments made
for the purpose of the attempt and in expectation of
successful results are wasted; the financial markets are
affected; and every commercial interest feels the dis¬
turbance. There is no profit to either buyer or seller, in
the long run, on a set of transactions effected uniformly
at a loss to one party; and the worst of these struggles
among carriers is that they subject trade to shocks,
make calculations impossible, and destroy the general
certainty upon which all healthy business rests. The
carrier who accepts unremunerative rates, and the com¬
petition which induces him to do so, are mischievous
agencies, no matter what the circumstances are, if the
scale of such operations is large.
Cut-throat compe¬
tition, like fire, injures everything it reaches, and it
reaches nearly or quite everything. Every successive
“
railroad war ” is a recurrence of an evil which thought¬
ful men hope is becoming more and more infrequent, as
they hope about commercial crises; and while the condi¬
tion of trade which leaves three or four carriers to
divide the work that
one
could do, necessarily provokes
a resort to ruinous rates merely to foster an
artificial and not at all hopeful scheme is especially to be
competition,
! in expenditures as to
bring down the aggregate excess
materially. Assets increase but slowly,
although this is due to the blotting of failed companies
of income very
.
about 2 A- times
Other
receipts
....
Paid for claims'.
Paid for dividends to
Paid for
...
in this
1876
...
1S75
...
1874
policy holders
lapsed and surrendered policies
...
...
1873.
1872
1864.
1802
1801.
1860.
1859.
1858.
1855.
$65/89,800
304,002
14,128,592
$24,301
$25,507
83,788
24,856
27,174
89,434
96,000
90,602
96,710
90,298
26,297
25,797
22,396
20,703
27.232
25,661
22,773
19,784
...
...
...
...
...
...
...
...
Paid expenses
holders
...
Increase of
sirplus....
expenditures
Insurance issued
Tnsnramee terminated
•utstanding at end of year
decrease of outstanding insurance iu yea*
Insurance
Net
These
...
...
...
...
...
$19.740.4'2
4.20;. 351
$28,002,022
15,861,085
314 524
1,922,673
252.605,489
285.295,210
1,735,995,190
57,636,470
299,276,337
319,372,675
1,798,659,660
22,568,889
figures clearly point the decline in the business,
especially noticeable are the falling off of premium
income and the increased payments for lapsed and sur¬
rendered policies as contrasted with a decrease in the
and
6,771,435
8 4,548,242
123,652,153
15,900,382
9,546
4,612
...
4,131
...
...
...
...
...
$21,354
20,414
$334
364
14,128
22,453
376
15,976
22,938
16,669
452
17,208
20,071
19,462
15,808
15,509
11,707
13,932
528
13,940
632
18,006
20,242
9,909
5,114
3,760
2,069
578
18,357
615
17,277
640
15,034
$16,187
17,900
16,617
15,046
11,058
3.298
4.2)4
850
2,947
3,305
673
391
158
2,167
2.390
847
830
162
7,078
4,337
2,353
1,492
1,718
1,388
1,212
1,740
1,504
608
356
69
871
707
656
62
756
1,390
521
245
62
691
23
547
>481
362
529
ISO
29
-
3,647
1,217
SOI)
3,128
386
98
36
358
3,092
730
1,043
445
76
18,
392
2.916
500
1,212
400
135
29
325
600
75
36
334
20
10
278
5
178
9
316
430
150
350
20
232
370
3,124
1,714
.
151
491
73
287
042
following is
form of
'
883
301
1849.
239
1,382
432
...
636
-
1.100
1852.
1850.
243
3.105
2,578
...
1,212
192
509
1851
11,021
340
4,550
1853.
...
"
6,183
2,533
.1.021
1854.
$13,174
8,251
7,341
6,096
5,751
4,868
‘
Paid for
lapsed mid Paid to Paid for
Paid for purchased Stockexpenses
dividends.
policies. holders, and taxes.
a
•
•
.
•
•
.
16
-
3
51
25
a summary
of the totals, cast in the
balance:
$949,034/04
Premium receipts
receipts
201,615,409
.
$79,982,460
Total expenditures
assets
14,727
12,454
07,835
50,385
35,825
21,598
13,369
...
Other
increase of
31,720,204
„
and taxes.
Excess of income over
16.779
80,053
...
$83,788,511
$24,850,571
$03,109,353
$72,056
...
1805.
for
claims.
...
1871.
Paid
receipts.
The
Total paid policy
Paid stockholders
Other
receipts.
...
$72,056,698
$27,174,030
17/00,604
20.414,572
complete form:
Premium
1950.
$25,507,849
10,187,123
21,254,370
5,937
$22,702,740
sketch of the course
append a summary
of the receipts and expenditures of all the companies
reporting to the authorities of this State, for the twentyeight years 1849-76, the amounts being stated in thou¬
sands, and the table having never before been published
1857.
$108,645,082
01,055
8,332
13,445
2,959
33,004
49.549
4,234
For the purpose of presenting a
of the business in this country, we
1875.
Total receipts....
18,404
5,7T2
29.174
By surrender
By lapse
By change
1376.
:
$24,938,43 1
43,144,074
7,3C9,705
79,774,060
142,903,483
21,251,653
9,002
By death
By “not taken”
By expiring
companies reported, which was in the last previous vol¬
Premium receipts
r—
—■■1876 — ■ \
Number.
Amount.
18.5
— ■■
—\
Number.
Amount.
<—
1803.
year’s business compared with IS75 :
as
$232,665,489:
The annual report of the Insurance Department is for
1876 a thinner volume than since 1863, and the list of
of the
outstanding insurance is reduced
much as in 1875; since 1872—which
terminations, the issues being in 1875, 133,095, equal to
$299,276,337, and in 1876, 99,036 policies, aggregating
1807.
States, has shrunk
to 17 for New York (one of them since fallen) and 21
for other States.
The following is a condensed summary
than the
more
total of policies—
but 100 millions of
this belongs to the four failures. In 1875, 20 companies
issued more, and 25 companies issued less insurance
than they lost from all causes; in 1S76, 9 companies
issued more, and 29 issued less, than their terminations;
of the 17 New York companies reported, only 4
increased their volume of outstanding business. The
following compares the past two years in respect to
1808
for this and 25 for other
much
year marked the highest point in the
the shrinkage has been $378,747,401,
1806.
20
so
terminations that the
1869.
CONDITION AND PROGRESS OF LIFE INSURANCE.
The issues decline
from the list.
1870.
deprecated.
ume
[June 9, 1877.
THE CHRONICLE
530
$1,151,239,473
Total receipts
cent.)
Paid for dividends (14.S3 per cent.)
Paid for surrendered and lapsed policies (11.70 per cent.)
Paid for claims *20.75 per
Total
paid to members (47.33 per cent.)
Paid to stockholders (.52 per cent.)
Paid expenses and taxes
Total
(15,73 per cent.)
expenditures (63.58 per cent.)
less capital (.34.78 per cent.)
Present assets,
.
$23:,S94,415
171.223,023
134,747,990
$544,870,433
6,083,724
481,099,955
$732,054,112
'..... $400,293,324
$18,892,637 (1.64 per cent) unaccounted for;
other items of disbursements to members. Five com¬ of this, at least 12 millions are to be ascribed to the
panies expended more than their receipts, against three four failures, and nearly 4 millions to the with¬
in 1875, and the shrinkage in income so far exceeds that drawal of four outside companies from the State during
This leaves
9, 18i7.J
Jane
gs=-
THE
CHRONICLE
531
~ 'r=r~
the year.
But the reader should distinctly understand
of
distant-appearing an investment as a policy on life
sheet; that the naturally are held secondary. This wastage has been
number of companies reported has been continu¬ large for ten years past, having been at the rate of
about
ally varying, many having contributed to swell 75 per cent of the issues during that time, and it cannot
the several columns which are
now
not
repre¬ be ascribed to distrust, as if that were a recent factor;
sented in remaining assets ; and that this sum¬
disappointment in the results—mainly about “ divi¬
mary is nothing more than a tolerably approximate dends ”—a revolt against continuing payments begun
showing what the receipts have been and whither they half unwillingly, and a reaction from the excessive
have gone.
As such a showing, it is not only interest¬ forcing of the business, have contributed as much to this
ing as respects the vastness of the interests involved— waste as the recent distrust has. The severity of the
life insurance having drawn in nearly a thousand mil¬ trial
upon the companies has been unprecedented, and
lions in premium payments—but is encouraging as re¬ those which were not
prepared for it have been pushed
spects the net result. For it appears that nearly one- over. The experience has been very injurious to inno¬
half of the total receipts, including therein the earnings cent parties, matters
being left to take their own course
of capital stock, have been repaid to policy-holders,
with
but
and
slight direction from the law and the State
more than one-third is now held for
them, after deduct¬ authority; the Legislature did pass, a month ago, a law
ing stock, making 82.11 per cent to them in all; of the re substantially that we suggested in an article on February
mainder, 0.52 per cent, has gone to stockholders, 15.73 24, respecting the closing of insolvent companies, but
per cent, for expenses, (which, although higher than it the step came late, and the errors of the past have to
should be, would seem less disproportionate if the taxes work out their own cure. The moral is the same old
levied eagerly by the various States were sifted out of one—that moderation and conservatism are the safest
the item), and 1.64 per cent is unaccounted for. This financial guides, and that
public confidence, given in¬
does not in the least extenuate the abuses of life-insur¬
discriminately, is as potent for harm as it is for good
ance practice or make the failures
any less abominable, when resulting from investigation.
but it does suggest the existence of a
bright side which
it is natural to think of too little, in a time of general dis¬ RAILROAD EARNINGS IN MAY AND FROM JANUARY 1 TO
MAY 31.
trust.
Approximately, the assets of the companies are:
The tables of latest railroad earnings, given below, show the
mortgages, 53 per cent; United States bonds, 7£ per
same principal features noticed in our reports for the last two
cent; other stocks and bonds, 13 per cent; premium months. The
only group of roads, which, as a class, show
notes, 10 per cent; cash, 3 per cent; other items, 13^ material improvement over the corresponding month of 1876, are
per cent.
Comparing this with a year ago, the only those centring in St. Louis from the west and southwest and
changes are an increase of 1 per cent in mortgages, H their connections. The traffic has been larger on these roads,
with the considerable immigration into Texas, Arkansas, and
in United States bonds,
2^ in miscellaneous items, a other parts of the Southwest,
and the competition in rates which
decline of 1 in cash, and a decline of 2 in
premium notes. lia3 ruined the business of many roads further East, has not here
been experienced to anything like the same extent.
It is gratifying to see that,
although the number of
Central Pacific now shows some decrease, as had been expected
companies reporting is less, the aggregate as well as from the great drought in the San Joaquin Valley. Union Pacific
the proportionate holding of
a remarkable increase in net earnings for the first four
governments increases; reports
months of the year, being no less than $634,644.
that premium notes decline about one-seventh, as well
MAY.
1877.
1876.
Inc.
as
Dec.
proportionately, and that there is a decrease in uncol¬ Atchison Top. & S. Fe.
$219,370
$
$188,1322
$36,048
100,902
lected items of assets. The largest increase is in real Burl. C. Rap. & North'n.
71,(105
2y.297
Cairo & Si. Louis*
10 521
960
17,501
140,312
121,037
26,225
estate, mortgages declining actually although increasing Canada Southern
Central Pacific
1,575,000
1,757,415
182,415
321.K56
423,645
Wiicago & Alton
102,389
relatively. This increase in real estate is largely due to Chic.
'Mil. & St. Paul..
600,000
819,563
213,563
a
Mr. V.& Del.&brchs*
23,452
20,376
3,076
single purchase of New York city property by one Cl.
+4o. 04
Denver & Rio Grande*
25,670
20,468
Hartford company, although foreclosures contribute Illinois Central i111. tine).
47 ,595
358.9U5
112,690
74.012
90,7^2
16.110
Iudianap. B. & Western*
81,'•22
11,216
70,000
considerably. The Mutual reports an increase of lilt. & Gt. Northern
Missouri Pacific
308.542
,36.(95
204,347
$673,590 in
real
estate holdings;
281.307
212.928
16,379
the Equit¬ Missouri Kansas & Texas
St. L. A. & T. 11. (br'chs)
£9.290
34, 050
4,340
able, $431,835; the New York, $721,336;
304.000
257,-33
40,66$
the St. L. Iron Mt. & S
St. L. K. C. & North
i27A76
2 >7,355
10,177
Connecticut Mutual, $895,163; the ^Etna, $35,093; St. L. & Sail Francisco...
102,095
99,601
2,495
80.480
St.L. & S.E.—St. L. Div.*
37,915
7,429
the Mutual Benefit,
Do ’
17 09 4
$51,050. In most of these
405
17,204
Ky. Div.*..
Do
Temi. Div*
8.377
714
9,001
cases, the interest due and accrued is reported as larger Tol. Peoria & Warsaw—
85.011
125, vt <9
40,198
Wabash
£85.857
305.168
29.311
than a year ago, but, of course, the
principal loaned is
$5,180,103
$5,895,205
$781,372
$108,930
larger, and as the due interest is not separately stated, Net Total
decrease
615.442
it is impossible,
1
21.
although desirable, to ascertain how
1877.
Ill
1876.
Dec.
much interest is past-due.
But, within reasonable lim¬ At. Top. & Santa Fe
$844,847
$859,102
$
$14,815
Burl. C. Rap & Northern..
859.292
468,535
129.t43
its, the prosperity of a company is not affected by its Cairo
& St. Louis*
4.530
97,025
93,895
Canada >outhern
780.040
721,673
14,1.73
mortgage interest running behind, nor is its solvency Central P? cific
6 3 0.676
0,309.000
71,676
1,082,750
1,795,618
112.808
Chicago & Alton
endangered by its foreclosing, even if it is obliged to Chic.
Mil. & St. Paul
3.082.625
2,310,400
712,365
Cl. Mt. V.& Del.&brchs*
138,008
180,114
1,954
take the property for lack of a purchaser;
for if the Denver & Rio Grande*.. +229,870
74,805
154,0(5
Illinois Cent. (III. Lint)..
1.819.455
349,628
2,108,863
loan was made with ordinary care, there is a
good mar¬ Indianap. B. & Western*
00 *,578
40!,0 9
138,909
& Great Northern...
51)1.845
81.5*5
568,390
gin between it and the real value, and, as the company Int.
Missouri Pacific..
1,44s, 803
1,434,241
35,438
Missouri Kansas & Texas
1,17*1,808
1,184.2 2
is able to hold on and wait, it is as likely to
11,4C4
realize a St. L. A. & T. II. (br’clis;
202 820
19V24J
4,584
Sr.
L
Iron
Mt.
So
&
205
5
>8
1,406,7*3
profit in the end as a loss, while the extreme supposition !»t. Louis & S. Francisco 3.0'2,291
514,704
504.69s
10,060
St.
L.
Kansas
that the bottom may permanently stay out of real estate
3, -'40, on
City & N..
1.273,163
32,552
St.L.& So.E.—St L.Div.*
21 *. 505
144
218,709
is equivalent to
I)o
1)9 521
311,797
Ky. Div*.
7,724
foreboding a condition in which no in¬
Do
Ten-n. Div.*
177
54,817
.74,994
that this is not submitted
as a
so
balance
GROSS EARNINGS IN
'
...
•
.
...
..
i
.
...
.
.
•
.
-
..
GROSS
EARNINGS ^ROM
JANUARY
TO
MAY
.
...
■*
...
.
.
....
..
»
.
.
f
,
....
....
vestments will have value.
It would be
unjust to overlook the pressure of the
noting the heavy increase of lapsed and
surrendered insurance, for when investments have to
be nursed, instead of contributing to income, the claims
times in
Tol. Peoria & Warsaw..
Wabash
.
Total
Net decrease
*
Three weeks
3,64o,03i
557,4 7
1,729,(99
$24,373,453
$25,741,617
418,194
138,963
83,879
$435,833
$1,S'T, 197
..1,370,364
o<dy of May in each year.
embrace Trinidad extension, not included in
t The earnings this year
vious year’s figures.
pre¬
The following companies have but recently
reported their earnings for April;
GROSS EARNINGS IN APRIL.
1877.
Increase.
1876.
$
$50,709
$51,724
194,573
258,193
79,313
143,573
243,393
77,842
46,000
14,805
1.471
3 49,4 0
97,037
125,372
321,349
105,685
133,464
27,569
New Jersey Midland
Paducah & Memphis
54,503
12,272
22 >,827
51,058
16,975
39),8 S3
24,252
36,13?
3,440
...
Philadelphia & Erie
St. Joseph & Western
St. Paul & Sioux City
20,391
Total
Net increase
$2,025,728
$2,587,914
$134,639
St. Paul 3c Sioux City
Sioux City & St. Paul
Union Pacific
007,547
845,841
331,202
1,617,195
642,493
504,908
$96,825
37,814
1 TO APRIL 30.
1876.
Increase.
$212,985
621.987
878,018
313,447
1,562,304
23,653
49,744
666,152
$9,737,988
$631,762
15,835
19,465
127,393
20,697
32,569
29,017
$333,033
298,679
and net
The statement below gives the gross earnings, operating expenses
mouth of April, ana from January 1 to April 30, of
all the roads that will furnish statements for Dublication:
-Jan. 1 to April 30.
——April.earnings for the
Atchison Topeka & Sante
Gross
earnings
Operating expenses
Fe—
$200,681
101.358
earnings
$99,323
Burl. Cedar Rapids Sc North.—
Gross earnings
$72,435
54,384
Operating expenses
Net
1876.
1877.
•
$639,792
95,994
$102,002
$299,422
$613,230
$83,164
$237,687
223,999
$387,633
71,317
Decrease from Jan.
277,245
-
$110,358
Operating expenses
earnings
Kansas Pacific.—
Gross earnings
earaings...
$23,712
8,73.8
s....
$14,974
§•
$97,235
38,232
$59,003
s
$
498.704
$378,018
595,519
$114,C32
$111,717
$347,137
$284,499
$79,313
66,.19 4
$77,842
$13,119
$126,372
81,431
Gross
earnings
Operating expenses..'.
$44,958
Net earnings
New Jersey Midland-
$54,508
47,915
Gross
earnings
Operating expenses
$6,593
earnings
& Mem phis—
$12,272
eurnings
Operatiug expenses
Net
earnings
Philadelphia Sc ErieGross earnings
Operatiug expenses
$313,417
69,354
$331,202
269,734
$8,488
$01,463
$42,765
$133,464
$564,903
$614,652
84,617
338,611
373,553
$48,737
$226,297
$241,099
$51,068
$193,647
$177,811
27 0,632
152,228
$41,419
s
$16,975
J|
j
8/
46,163
43,528
$2,703
$5,549
$11,107
$23,212
$300,833
188,112
$287,903
183,750
$104,153
earnings
Total
deposits
on
$112,721
66,862,112
$70,675,787
56,348,235
$14,327,552
$21,587,420
1ST5
Legal Tender Notes deposited in
the U. S. Treasury to retire
Stales and Territories.
Additional
National
Bank
Circulation
issued
$273,895
$1,368 291
153,264
771,335
$120,631
$1,209,405
701,751
$596,955
$507,654
200,376
226,393
Net earnings
$17,213
St. L. Sc So. East.—St. L. Div.—
Gross earnings
$44,645
$44 141
$-212,292
$178,699
$45,761
89,671
$183,223
140,947
$180,650
33,472
$11,173
$6,091
$47,216
$22,569
$22,863
-3,570
$94,503
84,691
$101,822
91,476
$9,812
$10,346
,
Operating expenses
Net earnings
St. L. <fc So. East.—Kentucky
Div.—
$20,838
20,730
$103
earnings
Loss
$707
St. L. & So. East.—Tenn. Div.—
$10,029
9,916
$10,643
9,966
$45,726
40,495
158,081
$46,617
41,247
$113
$657
$5,231
$5,370
$38,269
$36,137
29,104
33,420
$129,472
103,296
$162,041
113,733
$9,165
$-2,717
$26,176
$48,303
St. Paul Sc Sioux City—
National
Bank
Circulation
from June 20, 1874, to June
1, 1877.
for the
re¬
$903,580
401,065
Maine
New Hampshire
Vermont
Massachusetts
868,980
7,907,545
156,20!)
1,005,910
5,360,170
Rhode Island
Connecticut
New York
New
1,005.935
Jersey
4,153,080
Pennsylvania
$41,200
27,400
334,807
96,400
27,050
923,866
£0,060
626,932
retire cir¬
Total
Dcqmlts.
$596,200
38,200
593,147
$555,000
10,800
453,341'
5,298.100
617,385
1,132.490
14 305,300
891,540
193*610
250,600
306,100
District of Columbia...
41,610
166,600
393,164
706,864
731,060
353,660
27.700
180.0( 0
45 COO
Georgia
Florida
Alabama.
242,725
90,0-0
Mississippi
72,iS0
Louisiana
Texas
Arkansas....
625,750
89,100
90,000
2,267,940
391,5)0
119,770
1,094.389
1,597.910
Kentucky..
52 :.367
deposit
with the
U. S.
Treasurer
Jane 1, ’77.
$109,157
5,473
82,750
5.394,500
429,137
617,385
1,159,540
15,324,166
40,000
40,013
2,127,031
921,600
184,694
4,639.118
5,266,097
1,227,527
1,182,580
1,3 49, i80
820,664
84 ^75
Delaware
Maryland
Legal
Tenders
on
Deposits Deposits to
from June demption culation
20, 1874, to
under Act
June 1, ’77. of notes of
Liquidat¬ of June 20,
1874.
ing bank*
$306,731
$2 49,23d
50,662
$3,813,375
860,412,580
following statement shows, by States, the amount of
national bank circulation issued, the amount of legal-tender
notes deposited in the United States Treasury to retire national
bank circulation, from June 20,1874, to June 1, 1877, and amount
remaining on deposit at latter date:
"
-
North Carolina
South Carolina
$412,668
earnings....
$317,664,092
between same dates without
Greenbacks retired under act of January 14,
Greenbacks outstanding at date
Virginia
West Virginia.
$0 4,893
Net
$34,197,358
deposit at date
69),230
$97,949
50,701
OperatiMg expenses
26,984,275
....
$1,005,961
$405,097
Gross,earnings
$61,181,633
in the Treasury June 20, 1874, to retire,
liquidating banks
Greenbacks deposited from June 20, 1S74, to date, to retire na¬
629.270
St. Louis & San Francisco-
earnings
7,600,631
on deposit
notes of insolvent and
$873,568
St. L. Iron Mt. Sc Southern-
earnings..
$76,740
11,426
$62,536
Oper. Sc gen. expenses
$
9,569
$225,827
163,211
Net earnings
Net
$53,581,002
Greenbacks
Nashville Chatt. Sc St. L.—
earnings
$351,861,450
95,611
$845,841
profits
Operating expenses
1,967,263
14, 1875, to date
Circulation redeemed by Treasurer
$243,393
131,676
earnings
Expenses
Gross
2,767,232
tional bank notes
$278,198
144,166
Gross
Net
$4,734,500
National bank notes outstanding at date..
Louisville Cin. Sc Lex.—
Operatiug expenses
$349,894,182
,
.
ings
Act of June 20, 1374, was
The
Denver PacificGross earnings
earn
/
$
$55,809
$
321,562
$22,681
Gross
75,450
25,447
-Total redeemed and surrendered
National bank notes issued between same dates
$29,013
*■
$
$131,259
$
$49,219
National bank notes outstanding Jan. 14, 1875...
National bank notes redeemed and retired from Jan.
14, 1875, to date
National bank notes surrendered between same dates.
$6,780
earnings..
Operating expenses
$1,254,926
»
Greenbacks
Gross
$993,599
National bank notes issued from June 20, 1874, to Jan.
14.1875
National bank notes redeemed and retired between
same dates
$117,692
Net
$371,728
passed
$112,662
92,619
Gross
$372,703
National bank notes outstanding when
23,437
aducah
Gross
$2,644,333
1,379,412
CURRENCY CHANGES.
Comptroller issues this week his monthly statement,
showing the issue and retirement of national bank notes and
legal tender notes, under the Acts of June 20, 1874, and January
14, 1875, bringing the figures down to June 1, 1877:
$30,217
Net
$2,536,584
1,542,985
The
re-issue.
Net
$885,753
514,025
$23,772
$117,257
Net
515,362
$858,065
Denver & Rio Grande—
$90,473
-Expenses
Jan. 1 to Mar. 31.-,
1877.
1876.
»
1876.
1877.
Expenses
$21,964
Net
1,611,509
$2,170,738
$
$1,536,094
yet only brought their figures forward to
March.
,
$212,985
95,728
$8,611
$3,289,664
1,753,570
Chic. Burl. Sc Quincy—
Gross earnings
$208,360
117,882
...
$3,782,247
April 1;
$51,721
29,760
earnings
$1,054,188
$
$50,709
34,095
Net
£1,088,280
iave as
$63,688
Net earnings
$16,613
Clev. Mt. Vernon & Del. and Br’chs.—
Gross earnings
$31,566
Operating expenses
22,955
$20,253
—
$16,847
Gross earnings
Operating expenses
$10,628
Expenses.
$18,051
Burl. & Mo. River in Nebraskaearnings..
$309
1876.
$661,025
370,60-3
$197,906
$4,C05
National bank notes increase from June 2C, 1S74, to Jan. 14, 1875.
EARNINGS, EXPENSES AND NET EARNINGS.
1877.
82,729
Decrease.
17,755
84,891
$10,085,667
63,342
.
$4,625
14,440
32,177
492,583
$102,987
21,631
Operating expenses
.
$
3,782,247
193,647
57,215
878,568
123,935
129,472
73,970
$73,970
17,574
Gross earnings.
......
361
614,652
177,811
76,740
1,005,961
103,233
162,041
102.987
3,289,604
...
Total
Net increase
GROS8
$208,300
...
•
-Jan. 1 to April 30.1877.
1876.
-April.
1S76.
1877.
$21,940
$21,579
Paul—
PROM JANUARY
181V
Philadelphia & Erie
St. Joseph & Western
.
8,643
7,092
21,940
..
Burl. & Mo. River in Neb.
Hannibal & St. Joseph...
Kansas Pacific
Louv. Cin. & Lex
Louisville & Nashville...
Mobile & Ohio
Nashv. Chatt. & St. L....
New Jersey Midland .....
Paducah & Memphis
.
2,132
1,0)4,188
GROSS EARNINGS
.
5.1J.9
34,092
Sioux City & St.
Net earnings
Union Pacific—
4,703
75,0J5
38,239
21,579
1,058,280
Sioux City & St. Paul
Union Pacific
Decrease.
$1,015
Burl. & Mo. River in Neb.
Hannibal & st. Joseph...
Kansas Pacific
Louisville Cin. & Lex
Louisv. & Nashville
Mobile & Ohio
Nash. Chat. & St. Louis..
Net
[June 9, 1877;
THE CHRONICLE,
632
427,500
760,915
’
1,467,779
317,150
218,169
378,155
204,300
935.360
241 557
8-;9,185
953,380
313.230
347,675
809,185
953,380
590,400
4,500
4,500
863
1,844,250
2,470,000
1,721
708,959
229,340
90, ten
982,633
488,959
229,340
40,013
90,COO
1,509,000
15,483
565,992
198,260
128,815
724.860
218,608
3.427,419
1,639.460
3,-98,680
5,747,526
1,6. s.eo
7.32,40)
3.688,150
2,916,981
503,012
199.676
1,412,850
1,915,862
712,038
1,321,5:33
904,769
1,797,519
276,622
308,159
495,692
1,12\545
1,328,221
Kansas
30.600
558,571
Nebraska.
Nevada
Colorado
20,000
45,000
189,900
188,080
Tennessee
Missouri
.
Ohio
Indiana
875.475
327,42'
Illinois
Michigan
84,200
Wisconsin
Iowa
633.140
r
tO1,52*
Minnesota
183,60
■
Utah
Montana
235,901
260,731
977,5*3
521,769
!
03,174
116,40(9
364,999
70,425
161,191
149,400
196,8 0
45,000
Legal-tender notes de¬
posited prior to June
20, 1874. and remain¬
ing at that date
Total
-
4.029,449
6.651,000
1,775,209
1,0)7,399
,
748,471
233,080
219,825
357,991
45,000
301,729
327,524
150,820
3,509
73,653
58.118
3,110
3,813,675
10,223,965
56,638,147
70.675,787
14,327,552
'Jane 9,
533
THE CHRONICLE.
1877.]
Cateot ftlonetarg antr (Hommertial (fEngltal) Nero a
FOR MAY, 1877.
ia the official statement of the public debt as BATES OF EXCHANGE AT LONDON AND ON LONDON
THE DEBT STATEMENT
The
following
Debt bearing Interest
AT
returns at the close of
from the books and Treasurer’s
business on the last day of May, 1877: appears
LATEST DATES.
EXCHANGE ON LONDON.
LONDON—
EXCHANGE AT
MAY 25.
In Coin.
LATEST
Auth’rizing
Character of Issue.
5s
6s
of 1858
of 1881
'■s
•
Act.
$260,000
13,814,000
’58 1874 J. & J.
’61 1880 J. & J.
March 2, ’61 1-81 J. & J.
1881
126,238,000
March 3,
March 3,
’63 1881
’64 1904
53,777,400
142,001,150
MarchS,
March 3,
March 3,
March 3,
’65
’65
J. & J.
J. & J.
M. &s.*
1885 M. & N.
1885 J. & J.
1887 J. & J.
1888 J. & J.
1881
Q F.
1891
Q —M.
1901
July&A.,’61
’65
’65
5s, Funded Loan, 1881 July 14,’70
1891 July 14,’70
4%e,
do.
Julv
1901
do.
14, ’70
Aggregate of debt bearing
The sizes
Registered.
June 14,
Feb,
8,
—
fis, Oregon War
6s of 1681
6s of 1881
5s, 10-40’s
6s, 5-20s of 1S65.......
6e, 5-20s of 1865, new.
6s, 5-20s of 1667.......
6s, 5-20s of 1868
4s,
OS
.
or
.
$8-3,509,OOJ
$853,509,00J
interest in coin
denominations of each issue of
8,324,800
68,956,750
97,884,300
19.632.500
218,970,600
73.619.500
Coupon.
$
4,601,000
945,000
63,033,350
21,222,600
52,565,150
51,939,200
133.700.350
Amsterdam... 3 months.
it
Antwerp
t<
21,350,500
$869,455,650
bonds are as follows: (a) Coupo n
Lisbon.
Milan
Genoa
on
Old demand notes....
Legal-tender notes...
Certificates of
-j
-j
’62
July 11,’62Mar.
3, ’63
deposit..
.
8. ’72.
June
’
July 17, ’62
’63J
Fractional currency.. •<
Mar.
3,
June 30. ’64
Coin certificates
Mar.
Aerrepate of
3. ’63
Second
Third
S
Fourth
Fifth
369,4*2,589
46,510,000
21,206,930
45,407,500
7,5)7
....
Recapitulation.
t
•
•
•
a
•
Coin—
Interest.
•
days.
ii
Calcutta
Hong Kong...
Shanghai
Singapore
Penang.. .....
•
•
•
«
„
.
.
.
•
•
•
•
•
•
•
•
•
•
•
cent
$31,493,029
14,000,000
14,894,300
175,030
165,562
Maturity.
$360,477,642
40,510,00i'
21,206,930
45,407,500
•
47^55
4.88
23%@24
90 days.
....
*
90
days. Gold 25 p.c.prra.
23%
April 29. 90 days.
May 24. 6 mos.
1*. 9oL.
1#. 9rf.
4s. 0%d.
**
%%
May 21.
May 14.
.
•
.
correspondent.!
London,
being Whitsuntide,
‘97 ii
3 mos.
May 23.
:■
5y2d.
Q%d.
58.
4s.
•
LFrom our own
Saturday, May 26, 1877.
there has been much holiday-making,
the Tecent
which
especially in the manufacturing districts. Owing to
large accumulation of goods, and to the little prospect
of
speedy improvement, the holidays have been
Iu the money market there has
any
much as possible.
important feature.
as
The tendency has been towards
ease, the demand for gold for export being very moderate, while
the arrivals from various quarters have been considerable. The
ministerial crisis in France lias also had an adverse effect upon
no
fresh enterprise, and
for safety.
Weliave now
the money
market, and as trade is exceedingly quiet, while there is no dis¬
position shown to embark in new undertakings of any magni¬
tude, any further rise in the price of money, from natural causes?
is very doubtful.
The probability is, indeed, that during the
summer months the rates of discount will have a downward ten¬
the market,
inasmuch
as
it has checked
that money is likely to be sent here
entered upon the usual dull period for
The
quotations for money are now as
under:
Per cent.
Open-market rates:
1 4 months’ bank bills
]
2%@2%
2%@3
30 and 60 days’bills
2%@
J 4 and 6 months’trade bills. 3 @8J4
3 months’bills
2%@
1
The rates of interest allowed by the joint-stock banks and dis
count houses for deposits are as follows:
Per cent.
Joint-stock banks
2 @....
2 @....
Discount houses at call
2M@....
Discount houses with7 days’ notice
Discount houses with 14 days’ notice
2%@....
3
6 months’bank bills.
I
$473,602,072
7,597
and interest, to date, including
$31,641,189
interest due
2,230,302,212
not presented for payment
Amount in the Treasury—
108,137.0&3
Coin
4.515,515
Currency
7,762,271
Currency held for the redemption of fractional currency
Special deposit held for redemption of certificates of deposit
as provided by law
46,510,000
$166,924,669
2,363,377,341
2,070,353,617
Total.
Debt, less amount in the Treasury, June 1, 1877.
Debt, less amount in the Treasury, May 1, 1877.
showing the present position of the Bank
of England, the Bank rate of discount, the price of Consols,
the average quotation for English wheat, the price of Middling
Annexed is
$2,195,461,022
$6,981,274
34,062,002
Upland cotton, of No. 40’a Mule twist, fair second quality,
Bankers’ Clearing House return, compared with the
four
Pacific Railroad Companies, Interest
Inteiest Balance of
Amount
paid by repaid by Int. paid
Outstand’g. United St’s tr’nsp’t’n. by U. S.
Interest
previous years:
1
$25,885,120 $13,351,358 $2,665,324 $11,292,034
2,139,483
3,671,163 1,531,680
6,303,000
9,601,782
14,335,610 4,730,828
27,236,512
58,493
925,808
867,3(9
1,600,000
Pacific..
9,367
890,353
899,130
1,170,560
769,424
59,827
829,252
1,628,320
1874.
1873.
Circulation, including
£
£
25,691.379
12,775,726
Other deposits
16,990,728
Government securities. 13,334,025
Other securities
23,959,614
bills
Public deposits
bank post
Reserve of
notes and
coin
and bullion
departments.... 20,851,736
Proportion of reserve
liabilities
Bank-rate
Consols
6 p. c.
93%
English wheat
56s. 10d.
Mid. Upland cotton—
6%d.
No.40s, mule twist fair
2d
quality
Clearing House return.
26,18^.033
7.023,993
17,993,472
13,905.4bl
18,200,419
1875.
£
1377.
£
1376.
£
27,194,204
5,530,557
19,436.559
13,588,116
27,670,753 28,353,781
b,415,539
7,638,507
20,614,682 22,167,827
14,545,365
15,364,904
19,055,334
16,969,746
19,347,395
11,789,442
10,522,316 10,989,410 10,344,372 14,712,432
in
both
to
Payable in Lawful Money.
a statement
and the
Coin
Decrease of debt during: the past month.
Decrease of debt since June 30,1876.
Central Pacific
Kansas Pacific
Union Pacific
Central Branch, Union
Western Pacific
Sioux City and Pacific
.
3 mos.
60 days.
..
$1,692,964,650
Money—
Total
Character of Issue.
*
•
..
Total debt bearing no interest
Unclaimed interest
Bonds Issued to the
•
•
•
•
....
May 53.
May 25.
Alexandria....
This
•
....
*
•
is. s%<f.
Is. 87/td.
Open-market rates:
-
Debt on which Int. has ceased since
Debt bearing no Interest—
Old demand and legal tender notes
Certificates of deposit....
Fractional currency. .
Certificates of gold" deposited
Total debt, principal
12.95
20.46
20.44
25 13-16
....
May 17.
Bank rate
$894,693,000
703,266.650
95,000,000
Total debt bearing interest in coin
Debt beaming Interest in Lawful
Navy pension fund at 3 per
25.17
•
3 mos.
•
April 23.
Per cent.
Debt bearing Interest in
Bonds at 6 per cent
Bonds at 5 per cent
Bonds at 4J£ per cent
Bonds at 4 per cent....
••
20.34
dency.
Amount
Outstanding.
.
,
leads to the belief
$473,632,072
debt bearing no interest
Unclaimed interest
ti
•
•
30
extended
Total.
4,294,011
3,116,649
3,036,840
5,001,735
5,757,694
r First
May 22.
51%@51%
2S.60 @28.65
28. f0 @28.65
28.6J @28.65
46%@46%
Pernambuco..
exists
.‘4,442,475
93,383,063
May 25.
*
•
Bombay.
over-due
$22,975,102
184,611,910
Prior to 1869.
Series of 1869
Series of 1S74
Series of 1875
■t
Valparaiso
$65,062
Feb. 25,
It
Buenos Ayres..
been
July 17, ’61
Feb. 12, ’62
*
it
v
Bahia
Principal. Interest
Amount.
Issues.
Acts.
it
....
Debt Bearing no Interest.
Character of Issue.
ii
Madrid
New York
Rio de Janeiro
Which. Interest Has
Authorizing
3 mos.
Naples
Ceased Since Maturity.
There is a total amount of over-due debt yet outstanding, which has neve r
been presented for payment, of $14,894,301 principal and $165,562 interest.
Of
this amount, $14,105,400 are on the “called” live-twenties.
Debt
90 day 8.
.
^$14,000,000^$175,000
23,’68,'Int. appl’donly to pens’ns
3 mos.
short.
ii
47% @47%
ii
Debt Bearing
3s, Navy pension, Act July
20.67
25.15
12.05
25.20
short.
tt
$5,000, $10,000.
registered, same
I
May 25.
I2.8%@12.4%
25.37%@25.42%
....
The total current accrued interest to date is $26,786,916.
Interest in Lawful Money.
and not yet called for.
short.
Paris
RATE.
TIME.
DATE.
@20.71
@25.25
Paris.
3 months. 25/32%@2537%
it
13.17%@13.22%
Vienna
it
20.67 @20.71
Berlin
20.67 @20.71
Frankfort
it
25%@25%
St. Petersburg
Hamburg
212,737,450
17,841,300
289.469,750
|1,000, registered $5,0)i), (b) coupon $1,000, registered $1,000,
(c) $50, $100 and $500. (d) coupon, $50, $100, $500 and $1,000,
and also $5,000 and $10,000.
*
Coupons of $50 and $100 bonds are paid annually in March.
On the above issues of bonds, there is a total of $7,706,113 of interest
RATE.
TIMS.
ON—
Bonds Outstanding.
Interest
Periods.
Is. 2d.
21,769,235
22,196,612
3% p. c.
93%
3X P- c.
94%
27,095,222
24,854,497
51 55 p. c. 40 83 p. c.
3 p. c.
2 p. c.
95%
94%
62*. 2d.
42s. Ud.
44s. lid.
69s. 9d.
8Xd.
?%<l
6%d.
5%d.
0%d.
ll%d.
9%d.
la.
l%d.
Is.
84,779.000 84,037,000
95.092,000 83,795,000 91,297.000
materially
liabilL
position of the Bank oi England has not
changed during the week. The proportion of reserve to
ties shows a slight increase—namely, from 40£ to about 40-J
The
per
cent.
remittances to
the Indian exchanges are consequently weaker.
The Pacific Railroad bonds are all issued under the acts of July 1, 1862, and
The Council drafts were disposed of on Wednesday at Is. Sfd.
July 2, 1864; they are registered bonds in the denominations of $1,03'», *5,000
and $10,000; bear 6 per cent interest in currency, payable January 1 and July 1
the rupee, and the price of silver has declined to 54d. per ounce.
and mature 39 years from their date.
Total
$64,623,512' $34,018,923
$8.455,520
$25,563,397
There has been a falling
the East, and
„
off in the demand for
534
The
THE
following
are
the
leading investing public, the principal exceptions being United States,
Brazilian and Chilian. If we look down the list of
foreign stocks,
Bank
Open
Bank Open
rate, market,
Hamburg..
Berlin
Frankfort
\M
2^@3
3^
2)4
2\
5
4
Rome
5
8
6
5
6
6®3
Copenhagen.
6
the
,v
4%5
lu
.......
4%
3
..
.
bqnds head The list, and
now
that the difficul¬
ties which attended the Presidential contest are almost
and trade is showing signs of revival of the United
3V
4%
..
perceive that the defalcations have been numerous, and that
depreciation in values has been great. For security, United
States Government
and
5
3
celona
Lisbon and
Oporto...
Turin, Florence
Genoa
Geneva
New York
Calcutta
4# 3%@4>8
Bt. Petersburg
Brussels
Leipzig
ViennaandTrieste..,.
Madrid, Cadiz and Bar¬
we
rate, market
per cent, per cent
per cent, percent.
2
3
5
5
5
[Jme 9, 1877
current rates of discount at the
cities abroad:
Paris
Amsterdam
CHRONICLE
security is sounder than
.
ket for
..
'4)4
forgotten,
States, the
After the recent panic in themarbonds, and the severe depreciation
ever.
American -railroa 1
which took
place in their value, signs of renewed confidence have
interest, and at the same time an become apparent, and the quotations have been steadily
improving.
unfailing security, has been for a long time past a work of con¬ Many of these securities are yielding, at present prices, more
siderable difficulty to investors. In which direction the
thrifty than 0 per cent interest per annum ; and there is, in addition, the
section of the community should
apply its savings, has been a prospect that the value of the capital stock after so heavy a fall
subject which has produced some discussion ; but, at a time when will improve. The financial management of American railroad
the public evince great timidity, it is but natural that those
companies has, however, produced so much distrust
among
classes of security about which no doubts can
possibly exist English investors that the investing part of the community prefer
should advance to high prices, which curtail, to a
in a great measure to avoid such
very consider¬
securities, and they evidently
able extent, the annual profit. The value of such securities has consider that the rate of
interest is insufficient for the risks incur¬
recently been forced up to a high point. Consols, for instance, red. Undoubtedly, the partial collapse of the
Philadelphia and
have been as high as 97£, while the 5
per cent preference stocks of Reading undertaking shook the confidence of those who had
British railways have been dealt in at
prices yielding, in many entertained sanguine views respecting American railroad property,
cases, not more than 3f per cent per annum.
The indisposition and it will be sometime before confidence in it is completely
shown by the public to invest in
foreign bonds has been generally restored.
cited as the leading cause
One of the effects of the war has been to weaken
producing so great a rise in home
the
securities; but it appears that the employment by bankers of market for Indian railroad securities.
When it
became
their, surplus capital in the same direction has had a
greater evident that war was certain, a timid class of investors parted
effect than the purchases made by the smaller classes of invest¬
with their Indian railway
property, and the result of their sales
ors.
That this has been the case is evident from the fact
that, was a fall of some importance in prices. Last month, Bombay,
now that
money has become dearer, and the supply of floating Baroda and Central India stock decliued from 1174to
109£, Eastern
capital less, bankers have been parting with those investments— Bengal from 118£ to 115, East Indian from 126£ to
117£, Great
the result of which has been that the value of
preference Indian Peninsula from 120£ to 112, Madras from 1I5£ to 108, Oude
shares and stocks and debenture stocks of British
railway & Roliilcund from 116 to 108, and Scinde, Punjaub & Delhi from
undertakings has declined of late about 4 per cent. The fall, 1154 to 1084. Evidently, the holders of Indian railway securities
too, has been chiefly in the securities of the leading
companiest were much alarmed at the power of Russia, but we think this
and it appears that it has been
chiefly those which had attracted alarm entirely uncalled for, and that investors in Indian railroad
the attention of bankers.
Throughout the whole of last sum¬ securities may rest assured that Russia has no arrieve pensee in
mer, the money market was in a most unsatisfactory state. There
that direction.
England must be, like Turkey, in a state of
since
the
commencement
of
had,
the year, been an almost* unin¬ decadence before Muscovite statesmen entertain even a notion of
terrupted accumulation of gold at the Bank, until the stock aggrandizement in that quarter.
amounted by the 20th of
We believe that a large proportion of the
September to £35,017,529, and the
savings of the people
reserve of notes and coin to
£22,240,009. The proportion of during the last year or two has been devoted to the purchase of
reserve to liabilities at thw Bink was 6311
per cent, and for the house property.
Business has been very active of late in this
best class of bills the rate of discount was
only £ to 1 per cent way, and. if it were possible to obtain a list, it would be found
To discover a safe means of investment was, there¬ that the number of landlords and of owners of
per annum.
single dwellingfore, a necessity for bankers, and hence a large amount of con¬ houses has been very largely increased.
Obviously, however,
sols and railway preference stocks was absorbed.
Comparing the proceeds of the sales of such property must find an invest¬
the investment with the
discounting of bills at 1 per cent per ment elsewhere ; but these purchases indicate very plainly that
annum, the operation has, perhaps, been a profitable one, but it security is considered to be mos*>
desirable, and this is but natural
will not have been so unless an
early purchase and a quiet sale were after the experience which has been gained from the errors of the
made. As soon as the market is
acquainted with the fact that past.
bankers are buying, the
The wheat trade has been very* quiet, and it has been
price advances quickly, while, on the
only
other hand, when it ascertains that
they are making bona fide possible to effect sales by submitting to lower prices. The Con¬
sales* the quotation as rapidly declines. Those, therefore, who tinental markets are also reported dull. Prices are 2s. to 3s.
per
have been the first to
buy and the first to seli have profited by quarter lower since Saturday last. The weather has become
the operation ; but those who have failed in this will
find that, genial, and vegetation is making healthy progres. The wheat
their money has been
comparatively idle.
plant, however," looks thin and sickly in those localities in which
Although the investing power of the country has of late been there was, during the winter months,a succession of heavy floods.
greatly curtailed by the losses which it has sustained in its It is understood that a good deal of Russian wheat is coming
foreign investments and by the dulness of trade, it is still evi forward via Baltic ports.
'
dent that the thrift of the
The return lor the week ending May 19 shows that the sales
people, which is certainly never want¬
ing in adverse times, has enabled some savings to be made, and of English wheat in the 150 principal markets of England and
hence these have also been
chiefly directed to home and colonial Wales amounted in that period to 37,190 quarters, against 41,951
securities.
Among these, and especially among the former, a quarters last year, raising the total since harvest to 1,712,415
careful selection is necessary, as the
public have been heavy quarters, against 1,703,140 quarters in the corresponding period
losers in their investments in public
companies. Hence, they also of the previous season.
In the whole Kingdom it is computed
have invested to a considerable extent in
guaranteed bonds of that the deliveries of home grown wheat amounted in the above
railroad and other like
undertakings of acknowledged stability. week to 149,000 quarters, against 168,000 quarters, and since
As regards Colonial government
securities, it is well known that harvest to 6,848,000 quarters, against 6,813,000 quarters in
they are considered as very sound, notwithstanding that the 1875-76.
The sales of English produce this season have
indebtedness of our Colonies has been somewhat
rapidly increas¬ been, therefore, about equivalent to those effected in 1875-76.
ing of late. There is reason,however, to believe that the respon¬ It is estimated that the following quantities of wheat and
flour have been placed upon the British markets since last
sible authorities consider
thoroughly their ability to meet their
harvest, and since the first week of September ; these do not of
increasing obligations before they raise money in this country, course include the
supplies furnished ex-granary :
and that the progress of the
Colonial debts is not inconsistent
1876-7.
1375-6.
1874-5.
1873-4.
with the growth, resources and
cwt.
cwt.
cwt.
cwt.
requirements of the Colonies
To
secure
a
fair rate of
-
p
.
.
themselves.
Had
a
similar
course
been
should have lent our
moDey to
risked and lost so much
we
Imports of wheat
adopted by other nations,
advantage, and not have
Nearly all foreign
are now on a very
government securities
Imports of flour
Sales of home-grown
produce
Total....
capital.
Investments in foreign bonds
23,259,465 39,229,939 28,511,281 30,452,0564,780,472
4,8.1,959
5,143,996
4,921.96b
29,673,090 29,521,100 39,559,100 33,049,100
are
restricted scale.
shunned by the
62,712,93?
737,011
73,552.993
392,595
73,244,377
219,392
68,123,122
1,832J84
61.975,926
73 160,403
price of Eng. wheat for season COs. lid.
45s, 5d.
73,024,985
43s. 94*
66 590,938
018,9(1,
Exports of wheat and flour
Result
Av.
.
Juna 9, 1877.]
_
The following
THE CHRONICLE.
figures show the imports and exports of cereal
produce into.and from the United Kingdom siuce harvest—viz.,
the 1st September to the close of last week—compared with
corresponding periods in the three previous years:
from
the
IMPORTS.
1876-7.
1875-6.
1874-5.
39,229,939
6,832,537
8,003,441
1,097,385
2,691,371
Wheat
Barley
Peas
Beans
24,007,269
Indian Corn
Flour.
1873-4.
28,541,281
10,857,627
6,2!1,522
17,022,140
The imports of specie
been as follows :
May 23—Str. Carondelet
at this port during the
same
periods have
'
..Silver coin...
Gold coin....
$300
6,200
Jeremie.
May 31—Str. E. B. Wharton
May 31—Str. Acapulco
8,009
4,765
2,"07
.Silver coin....
Gold coin
Silver bars...
Gold dust....
.Gold coin
...
30,452,056
7,116,789
"7.356,870
852,937
3,082,176
11.829,339
1,355 676
1,986,745
11,279,337
5,143,996
535
4,921,966
May 31—Str. City of Vera Cruz. .Havana
Total for the week
...
2,500
3,999
3.850
....
Previously reported
•
....
$32,121
6,843,755
EXPORTS.
Wheat
Barley
Oats
Peas
Beans
f.
Indian Corn
Flour
21,506
85,178
Bullish
173,812
184,697
53.193
81,737
29,863
7,449
17,373
1,827
42,573
10,275
2,304
106,631
45,580
106.748
35.200
17,816
38!,: 30
,
374.779
21,741
252.943
1,725,436
231.167
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 summary:
London Money and Stock Market.—The bullion in the Bank of
England has increased £216,000 during the week.
Tues.
91 7-16
Mon.
94 7-16
94 7-16
Consols for money.. 94%
account.. 94%
U.8.6S (5-208) 1867.... 109%
U. S. 10-408
109
New 5s
107%
New 4^3
‘....103%
“
94 7-16
94 >16
94 7-16
109%
10*!%
107%
109%
10S%
1<>7%
103%
103%
Thur.
94 7-16
94 7-16
Wed.
Fri.
94 9-16
94 9-16
109%
109%
109
109%
109
109
107%
103%
107%
107%
103%
104
s.
Flour (extra State)
#bbl 29
Wheat (R. W. spring).^) ctl 12
(Rod winter)...
“
“
(Av. Cal. white).. “ 12
“
(C. White club)... “ 13
Corn(n.W. mix.) $ quarter 24
Peas (Canadian) $ quarter 3)
d.
0
1
Mon.
d
s.
29 0
12 1
,
....
.
6
0
12
9
13
24
6
39
6
0
9
6
6,371.912
..
2,291.281
2,580,561
.
1872...
709.269
...
...
.
1869...,.
1868
1867..
.
t
.
.
.
Currency, Hon. John Jay Knox,
of the
currency
^
Beef (prime mess) . .$ tc.
Pork (W’t. mess)
$bbl
Bacon (l’g clear mid.)$ cwt
Lard (American)
“
Cheese (Am. flnelnew “
85
59
37
46
69
d.
0
0
0
3
0
Mon.
d.
85 0
59 0
37 0
46 3
68 0
e.
Tues.
8.
d.
29 0
10
1
A «W
Wed.
8.
29
12
d.
0
1
Fri.
8.
d.
29 0
12 1
Thur.
s.
29
12
d.
0
i
.
.
.
.
12
6
13
24
39
0
3
0
.
.
12
13
6
24
0
0
39
0
.
12
13
23
39
.
.
12
13
6
0
9
0
*
24
39
*
6
0
0
0
Tnea.
8. d.
85
58
37
46
68
0
0
0
3
0
Wed.
8.
d.
85 0
57
37
46
67
6
0
0
0
Thur.
8. d.
85 0.
5?
6
36
45
66
9
6
0
Fri.
8.
d.
85
57
0
36
9
45
65
6
0
0
dontmercial aa5 Miscellaneous News.
Imports
and
week show
Exports
for the
6.938.507
8.662,650
3,399,931
Comptroller of the
have the following statement
movements and Treasury balances for two
we
months past:
JJ. S. Bonds held
as
security from National Banks.—
Bonds for circulation deposited
Bonds for circulation withdrawn
Total held for circulation
Bonds held as security for deposits
April.
$5,655,500
May.
$4,794,800
5,461,000
310,732,100
5,111,800
340,415,100
18,864,000
18,889,000
556,950
644,240
15,384,418
14,327,552
1,161,800
1,081,824
20,505,596
21,587,420
361,494,404 361,412,580
.
New circulation issued
Circulation retired
Total circulation outstanding—Currency
Total circulation outstanding—Gold
Notes received for redemption from—
New York
Boston
1,452,250
1,415,491
318,864.667
1,428,920
8,889,000
6,145,000
9:7, < 00
Philadelphia
Cincinnati
5*27,000
Chicago........
,
.
Liverpool Provisions Market.—
Sat.
$3,049,794
..
Miscellaneous
8.
.
National Bank Circulation.—
“
.
$1,745,361
Retired under act of January 14, 1875
Total retired under that act to cate
Total amount of greenbacks outstanding
Liverpool Breadstujfs Market.—
sat.
1876
1875
1874
.
in—
Legal Tender Notes —
Deposited in Treasury under act of June 20, 1874
Total now on deposit, Including liquidating banks
Liverpool Cotton Market.—See special report of cotton.
,
_.
Same time
1871
1870...
U. S. Treasury Statement.—From the
market Reports—Per Cable.
Bat.
Total since Jan 1, 1877.
8ame time in—
Week.—The imports this
increase in
Total
c01,000
4,134,000
1,352,280
1,739,105
317,661,092
1,432,120
10.111,000
8,307,000
1,428,000
159,000
197,000
5,930,000
$20,976,000 $26,132,000
Treasury Movements.—
Balance in
Treasury—Coin
Currency
Currency held for redemption of
105,439,741
8,395,146
105,137,0a3
7,515,515
49,712,700
7,762,271
45,407,503
fractional currency
Com certificates outstanding
Bondholders’ Liens.—In Crumlish against the Wilmington &
Western Road, the United States Circuit Court for Delaware
ruled out all floating debt claims and judgments, holding that
the bondholders’ liens could not be subordinated thereto.
In the
cases of
Baird and of Boughman, Thomas & Co. (wlio had
obtained judgments on the day on which the bill for foreclosure
dry goods and a decrease in general mer¬
imports amount to $6,340,376 this week, was
filed), the court decided that these judgments did not give
against $6,732,651 last week, and $5,603,784 the previous week. the
petitioners priority over the mortgage bondholders, and in
The exports amount to $6,231,533 this week, against $4,827,590 support cited a case of the Supreme Court of Wisconsin where
last week, and $5,519,535 the previous week. The exports of judgments which had been obcained prior to the foreclosure of
cotton the past week were 15,340 bales, against 10,119 bales last the first-mortgage bonds were not permitted by the Court to
interfere with the sale cf the road (the La Crosse & Milwaukee
week. The following are the imports at New York for week
Railroad).
ending (for dry goods) May 31, and for the week ending (for
—The June circular of Messrs. Forster, Ludlow & Co. says :
general merchandise) June 1 :
Texas 10s of 18S4 were very firm at
par
and interest.
FOREIGN IMPORTS AT NEW YORK FOR THE WEEK.
Texas 10s Pension bonds opened with a sluggish demand, but
1875.
1876.
1877.
improved toward the end of the month. Oa account of the
Drygoods
$1,326,609
$1,274,899
$761,209
$923,991
General merchandise...
coupons being payable in Austin and the right of the State to
6,938,729
4,629,708
3,327,459
5,416,385
redeem this bond in July, 1879, the market price never will rep¬
Total for the week.
$9,265,333
$5,904,607
$4,037,668
$6,340,376
resent its true intrinsic value.
Texas 7s, gold, were in fair
Previously reported.... 176,706,390
152,967,238
133,277,545
135.612,325
demand, the different issues varying about one per cent in value,
Since Jan. 1
$185,972,225
the straight 30-year bond being, in our opinion, more valuable to
$153,811,895
$137,335,213
$141,952,701
In our report of the dry goods trade will be found the
imports an investor than the 20 or 20 40 year bond. We quote the bonds
of dry goods for one week later.
108 bid, 109-110 asked. Texas 6s of 1592 were entirely neglected,
The following is a statement of the
exports (exclusive of specie) because the bonds'are not on tbe market, being held mostly
from the port of New York to
foreign ports, for the week ending by one institution ; the price ruled between 95 and 97 cents. The
June 5:
new 6 per cent gold bonds will be placed on the market during
EXPORTS FROM NEW YORK FOR THE WEEK.
the comiDg month. We think the bonds a first-class investment
1874.
1875.
in every respect; tbe interest is high and sure to be paid
187,'i.
1877.
For the week
$5,153,171
$4,263,061
$5,224,430
$6,951,533 promptly; the bonds, after once sold, are likely to advance.
We
Previously reported.... 112,680,892
95,302,332
90,744,501
100,699,601
invite the attention of capitalists to them.
Since Jan. 1........ $117,839,003
Galveston bonds remain neglected.
$99,570,396
$101,953,931
$112,951,134
The city is mistaken in
The following will show the exports of specie from the port of not adjusting in some equitable way the repudiated bonds. The
New York for the week ending June
2, 1877, and also a com¬ new funding bonds are offered at 77@78 cents, but no bids can be
total
parison of the
since Jan. 1 with the corresponding totals obtained.
for several previous years:
San Antonio 10s are in demand at 90 cents. The prospects of
the city of San Antonio are good, and, if proper regard is had to
May 31—Str. Colon
Panama.
U. 8. gold coin..
$9,000
May31—Str. Gellert
Plymouth
U. S. gold coin....
200,000 the management of the debt, the bonds ought to be popular.
London.Amer. silver bars.
100,000
City of Austin 10s are not offered at any price. To inquiries
Mex. silver dol9...
20,000
from intending purchasers, we have to say that no bonds can be
«Qne 2—Str. Main
London
Amer. silver bars.
35.000
Bremen
U. S. gold coin....
lOO’OOO obtained. This is the best municipal bond of Texas.
Dallas bonds have remained dull, except the Wichita issue,
Total for the week
$463,000 which, as the road continues to be built, becomes more likely to
Previously reported...
15,26S.782
be paid ; yet Dallas is now in default on some of her bonds, our
.> Total since Jan. 1. 1877
.$15,731,732 Austin House making useless endeavors to get the money from
Same time in—
the State Treasury.
[ Same time in—
1876
$25,032,710 1 1870
$14,296,493
Denison remains in default on the 10 per cent school bonds.
1875
36.113.510 11869
13,043,596
an
The total
chandise.
-
.
...
,
1874
1873
1872
mi
,
*■
,
,
'
;;
,
,
.
23,9:0.169 11868
23.305,577 11367
30.499.900 11866
25,9:6,429 1
.
.
.
40,735,306
20,038.211
37,477,535
—Messrs. Donnell, Lawson & Co., bankers, announce that they
will hereafter pay all coupons due in New York City from bonds
of the State of Texas.
O'
THE
536
Cankers’
No National banks organized
Closing prices have been as follows
<0>a)*tte.
June
68,1881
Called bonds
The following dividends have recently been announced:
Books Closed.
(Days inclusive.)
Railroads.
Little 'Miami (quar.)
,
N. Y. Central <& Hudson River
New York & Harlem
N. Y. New Haven & Hartford
o
June
o
(quar )
July
July
July
4
.
$5
2
Ogdens. & L Champlain, pref. (due Apr. 1)
are
DIoney
few
2
(quar.)
securities
2*June 4 to July 2
*
market
and
2 June 15 to July 2
2.June 24 to July 2
Financial
our
Situation,—There
markets ;
government
active and the old bonds weak in
prices; stocks are
lower; gold also lower than last week, and foreign exchange
steady on a slow business. There is considerable talk in regard
to the proposed action of Secretary Sherman, as commonly
reported, in cancelling greenbacks drawn in by his bond and gold
sales, and parties who are opposed to such action take exception
to his
are
It is
course.
115
June
6.
111
*115%
109%
104%
112%
*112%
*115%
111%
112%
110%
no
*110
6e,5-20s, 1867
reg.. Jan. & July. 109%
113%
coup. ..Ian. & July. 112%
6s, 5-20s, 1667
*113
58,5-208, 1868.
...reg.. Jan. & July.*112%
116%
coup.. Jan. & July.*115%
6e, 5-20s, 1868
112%
58, 10-408
reg..Mar. & Sept. 111%
*112%
58, 10-408...
coup..Mar. & Sept. 112%
*111%
5s, funded, 1881
reg.. Quar.—Feb. 110%
*111%
5a. funded, 1881... coup..Quar.—Feb. *110% 111
106% *106%
4%?, 1891
reg. .Quar.—Feb. 106%
106% 107%
4*4s, 1891
coup.. Quar.—Feb. 106%
•122
6s, Currency
reg. .Jan. & July. 122% *122
♦This is the price bid; no sate was made at the Board.
.•
Jane
r-
&
110% 110%
.
110%
1153 b *115
i...reg. .Jan. & July. 106% 106% 106% iot"
115
100%
109%
109%
110%
113%
*113%
*116%
112%
*112%
*111%
106%
109%
*109% 109%
*113%
113
*113
112%
112%
*111%
111%
107%
107%
122%
*112%
*1125%
*113
*110
111%
107%
1073s
122%
116
111%
111%
107%
*107%
122
stated that the sales of
now
The range in prices since Jan. 1, 1877, and the amount of each
class of bonds outstanding June 1,1877, were as follows:
JUNE 8, 1877-6 P. M.
features of interest in
new
to July 19
2;...
June
.
July
July
$1 50
FRIDAY,
The
16'June 18
July 10
Miscellaneous.
American Express
International Ocean Tel.
9; June 1 to June 9.
June
5.
110%
coup..-Ian. & July. 115
...May & Nov
6s, 5-20s, 1865, n.
6s, 5-20s. 1865,n.i..coup..Jan. & July. 109%
When
P’able.
4
period.
2.
reg..Jan. & July. 110%
68, 1881
DIVIDENDS.
Per
Cent.
June
Int.
daring the past week.
Company.
tJune », ^77.
CHRONJvbE.
per
6s, 1881
reg.
6s, 1881
coup.
6s, 5-20s, 1865
coup.
6s, 5-20s, 1865, new..coup.
6s, 5-20s, 186?
coup.
coup.
6s, 5-20s, 1868
reg.
5s, 10-408
58, 10-408
coup.
5e, funded, 1881.... coup.
reg.
4%s, 1891
4%8. 1891
coup.
6s, Currency
reg.
r-Range since Jan. 1,1877—% /■—Amount June 1.—,
Lowest.
|
Highest.
Registered. Coupon.
!10% June 2 114% Jan. 17 $193,823,400( $
1
111% Mch.
115% May 26
88.906,950
8 324,866,
51,939,200
107% Feb. 28 111% April 24
1
108
Mch.
68,956,750 133.700,350
111% May 17
Ill
Mch. 1 114% May 26
97,884,300, 212,737,450
113
Mch. 29 117% Jan. 22
19.632,500
17,841,300
114% Jan. 27 142,001,150
109% Mch.
110% Mch.
114% Feb. 6
52,565,i50
109% Mch.
112% Jan 22 218,970,600 289,469,750
109
April 17
105% Mch.
73,649,5'J0
109
106% June
May 17
21,350,500
64,6*23,512
121% Jan.
125% May 29
’
State and Railroad
cent
Bonds.—Louisiana consols have been
the Treasury for funding purposes will cease at $200,- comparatively steady, and to-day sold at 84@85. South Carolina
consols have been much stronger on the passage of the tax law
000,000, and as this limit has been nearly or quite reached, the
price of these bonds has advanced. We hear it stated on good by both Houses, and the bonds close at 72(5)73. Alabama 2 per
cents are dull at 41$ bid and 42 asked.
The Treasurer of Georgia
authority that measures are in progress to form a new Syndicate
in New York this week, exchanging the new 6 per cents
is
for the negotiation of the 4 per cent bonds. The only rational
of that State for the Macon & Brunswick endorsed bonds and
objection to a 4 per cent security ot the United States Govern¬
ment, at par, is the relatively short time that the bonds have to coupons.
Railroad bonds are generally.steady on a rather slow business.
run.
One of the hopeful points in our present situation is the
does not appear to be much fear of additional defaults,
favorable outlook for agricultural interests at the West, as the There
since all the weaker railroads have already failed on their interest
present season now gives promise of being a decidedly profitable
payments, but there will be some disappointment with the in¬
one in that section, unless there should be an unexpected failure
of crops.
The reasons for this are mainly three: 1. The rail- vesting public if the last half of this year does not place Western
railroads in a much stronger position.
roads, however insolvent they may be, are all built and running.
Messrs. A. II. Muller & Son sold at auction :
2. Farm labor is much cheaper than heretofore.
3. A good
BONDS.
SHARES
price, if not a high price, for wheat and other products may be
2 Central RR. & Banking Co.
3,000 Houston tfc Great Northern
RR. 8s, inort. convt., due.
of Georgia
45
confidently anticipated.
1892
21
4 Louisiana & Mo. River RR.
Our local money market is, if anything, easier than before,
3
Co
4,COO International RR. Co. 8s,
mtge., convt., due 1892
23
.352 Milwaukee Iron Co. for$50
loans on call being freely made at 1@3 per cent, according to the
3,000 St. Louis Jacksonville &
26 N. Y, Oxygen Gas Co. for. ..50c.
Chic. RR. 1st mort. 7J, 1894.106%
collaterals furnished. On prime commercial paper the rates are 20J Buffalo Oxygen & Hydrogen
4.000 Louisiana & Mo. RR. 1st
Gas Co for
50c.
mtge. 7s, 1910..,
3£ to 4£ per cent, and the supply offering is small.
100 Mobile & Ohio RR. Co. for. .$33
88
128 International & Great North¬
1,000 Joliet & Norihern Indiana
On Thursday the Bank of England statement showed an
RR. 1st mtge. 8s. due 1874,
ern RR. Co.
$223
bonds by
„
increase of
£210,000 for the week, and the discount rate remained
unchanged at 3 per cent. Specie in the Bank of France increased
12,200,000 francs.
The last
statement
of the
banks, issued June 2, showed
New
an
City Clearing-House
increase of $1,312,850 in the
above their 25 per cent
1877.
*
Loans anddis.
Specie
Circulation...
Net deposits..
Legal tenders..
1 1875.'
1876.
,
June 2.
Differences.
JuneS.
May 26.
June 5.
$253,506,500 $250,751,400 Dec.$2,752,100 $250,670,500 $281,401,200
21,348,700 19,*44,50) Dec. 1,504,200 17,483,800 1 0,655,200
I6,0i9,000
225,432,600
53,570,400
United States
16,143,700 Inc..
74,700
223,48Ui00 Dec. 1.951,000
55,399,700 Inc.. 2,3*9,300
15,943,800
211,196,600
51,766,500
19,790,800
233,424,100
64,632,300
Bonds.—There has been considerable
ac'.ivity
in government securities at declining prices for the old issues.
The main supply of bonds comes from foreign bankers here,
who have been holding them, and from the Banking Department
.
at
Washington,
of the National Bank officers seem to
have become quite demoralized on tbe subject, and withdraw
even the 6s of 1881 and
change them off for the new 4£ per
cents.
As mentioned above, it has been announced by the
Syndicate that the Treasury would sell no more than $200,000,000
of the 4£ per cent bonds in funding five-twenties, and the
price
of the new bonds has advanced in consequence.
On Thursday
the Syndicate sold $1,000,000 of the 4J per cents at
101|@101-f
gold, and accrued interest, but declined to sell more then at 105$.
To-day, the prices of bonds were stronger.
Closing prices of securities in London have been as follows:
as some
May
25.
U. S. 6s, 5-20s, 1867
U. 8. 5b. 10-408
New 5s
New 4% per cents
......
June
1.
June
8.
.—Range since Jan, l.’77.—.
|
Lowest.
J
Highest.
i
109
109%
109%
108%
106%
108%
109
107%
103%
107% ! 105% April 25 108% Apr. 10104
1x102*4 Mav 16' 104 June s|
102%
c
107% April 17 110% Feb. 6V
j 107% April 17 110% Feb. 6
guar, by Mich. Cent.
2,500 Mobile & Ohio RR. 8s,
convt., 1883
3,000 Selina Rome & Dalton RR.
1st
mtge. 7s, due 1887,
Scrip Iiliuois & St. Louis
Bridge Co., full paid for... $11
132 Toledo Canada Southern
Detroit RR. for
$10 50
300 The Union Consolidated Min¬
York
legal reserve, the whole of such
excess being $19,873,800,
against $18,560,950 the previous week.
The following table shows the changes from the
previous
week and a comparison with the two preceding years :
excess
110
500
Construction Co. of Iowa,
part paid, for
500
Sciip Mason City & Minn. RR.
Construction Co. for
Ill. & St. Louis Bridge
2d mtge. 7s, due 1901
24
1,000 Toledo Canada Southern
& Det. RR. 1st mtge. 7s,
gold, 1906
29
2,000 Macon & Brunswick RR.
1st mtge. 7s, due 1S89. in¬
dorsed by Georgia
. 125)4
3,000 New Orleans Jackson &
Great Northern RR. consol,
mtge. 7s, gold, due 1912— 20
494 38 Miss. Kans. & Texas RR.
scrip conv. into income and
2,000
$2
|50
95
50 St. Nicholas Bank....
BONDS.
$3.0CO St. Lillis & Iron Mountain
.
gold, 1891. 39
2,GOO Milwaukee & Horicon RR.
RR. 2d mort. 7s,
1st mort. 8s, due 1878
3,000 City of St. Paul 6s (i-sued
for St. Paul & Chicago RR.),
%
86
RR.), due 1898
83% I
4,000 City of Winona 6 per cent
bonds, due 1891
21 |
50 International & Great
Northern RR. Co. scrip for.$2
100,000 Brunswick
RR.
for
range
Tennessee 6s, old
do
6b, new
*20%
♦82%
North Carolina 6s, old
Virginia 6s, consol
do
do
2d series...
Missouri ®s, long bonds
District of Columbia, 3-65s
Railroads.
[ *41%
108%
1924
Bonds for three
eince Jan. 1,1877, have been as follows:
Mav
25.
+44
*44
States.
74%
June
1.
'*44
*44
Since Jan. L, 1377.—->
June
8.
Lowest,
•
•
*
Highest.
Jan. 11
...
..
....
....
*
i
42% Feb. 28 45
*43
42
Feb. 28‘ 44%
20% 18% Mch. 7-j 22%>
20%
*■'2%
82% April 2 82%
*42% *44% 38 Jan. 16S 45
*108
*108% 104 Jan. 28 109%
Jan. 2! 75%
75
75% 71
•
Mch.
50
5S
60
60%
*109% 105% Mch.
Central Pacific 1st. 6s, gold ... no% 110
106
Mch.
Chic. Burl. & Quincy consol. 7s
110% *110
April
Chic. & Northwest’n, cp., gold *6i% x87%
86%
t-7%
86% *86% 78 Jan.
Chic. M. & St. P. cons. s. fd, 7s
110
Chic. R. I. & Pac. let, 7s
*110% *110% 106 Feb.
Jan.
109
*iu
*111
*111
Erie 1st, 7s, extended
June
95
*100
*92*%
Michigan Central, consol. 7s... 1C0% 100% 100% 100 May
Morris & Essex, 1st mort
*115% 113 Feb.
121
N. Y. Cen. & Ilnd. 1st, coup...
*121)4 *119 114 Mch.
92
Ohio & Miss., cons. 6ink. fund *9 i
*90%
81% Jan.
Jan.
117
Pitisb. Ft. Wayne & Chic. 1st. *120
98
St. Louis & Iron Mt.. 1st mort.
97% *97
92% Mch.
Union Pacific 1st. 6s, gold
107% 107% 107% 103 Jan.
97
do
sinking fund.... *96
32% Mch.
96%
Central of N. J. 1st coasol.
& Florida
bonds
$30
1st mtge.
Co.
Closing prices of leading State and Railroad
and the
19
mtge bonds
94%
due 1900....
1,000 City of St Paul G»; (issued
for Lake Superior & Miss.
weeks past,
6
.$50
for
ing Co. of Tenne-see for .$120
Scrip Sabula & Marion RR.
85%
....
This is the price bid; no sale was made at the Board.
June 7
Jan. 6
Apr. 2
Apr. A
June 5
June 8
85 Jan. 5
5110% May 83
June 2
16 111
93% Jan. 2
87% May 81
June 2
111
15 114% A pk M
5
7 102
2
May 10
104% Mch. 12
19jllS
5121
4 92
June
7
May 24
May 22
9'121 Feb. 7
22102% Jan. 3
9 107% May 22
31 j 98% Feb. 6
65
June
Total Bales
June
pref.
2, 803
5.600
4..,.••
2,200
2,300
1.600
4,350
Rock
N. Y.
Lake West’n St.Paul Mich, Del.L.
Cent. & W.
Shore. Union.
pref.
7,100
4.500 14,365
58,560 30,725
5.500 36,400
42,960 35,155 12,000
32.000 35,010
2,025 37,600
5,900
7,800
2,850 28,300
32,500 34,830
6,500
6,200 65,311
43,200 33,200
2,300 '1,200 59,900
43,0:0 22,600
Cent. Island.
20,879 16,263
17,192 25,010
16,050 20,350
21,30(0 12.2C0
21,307 10,300
17,355 10,300
18,850 252,270 191,520 41,600 23,175 241,876 114,083 «4,423
Totai...
The total
the last line,
215,022 494,665 337,874 122.744 187,382 262,000 S94.2S3 249,997
number of shares of stock outstanding is given in
for tlie purpose of comparison.
Railroad and Miscellaneous
Stocks,—Stocks have been
depressed. On both the leading classes* of railroad stocks
—the Trunk lines and coal roads—influences have been unfavor¬
able. On the first named, the cutting down of passenger rates
between Chicago and New York to $15, on account of disagree¬
ment between the officers of the New York Central and Penn¬
sylvania railroad companies, was the main cause for weakness.
This reduction in fares has more effect on the market than its
real importance to tlie roads may warrant, as there is great sensi¬
tiveness on the subject of any disagreement among tlie Trunk
line officers.
As to tlie coal roads, the notice of another sale next
week of 200,000 tons, by tlie Pennsylvania Coal Company, has
been a damper on prices, as this company is probably the
strongest of all the anthracite mining companies, and throwing so
large a quantity on the market, is taken as an indication that the
present time is better for selling than the future will be. New
York Central & Hudson lias declared a 2 per cent quarterly divi¬
dend, payable in July. Railroad earnings are given in full on
quite
another page.
The
daily highest and lowest prices
At.&rac. Tel.
Central of N..J
Chic.
Burl.&Q
C.Mil.&St.P.
pref.
Chic. & North.
do
pref.
do
C.K.I.& Pac.
Del.&H. Caual
Del. L. & West
19% 19%
7
7%
99^ 700
18% 18)4
48 % 48%
20% 20 >4
4 3% 48
9> % 92 %
36U 3H%
89)4 89%
...
Michigan Cent
Morris&Eseex
N.Y.Cen.&H.R
18.
47% 43%
20
45
20%
46%
90% 91%
35% 36%
38% 39%
6
6
6
12
11%
23%
11%
23%
48
5»X
63%
88
89%
4%
4%
20% 20%
68%
88% 89%
.
52%
46% 47
37% 39%
67
66%
4%
20% 20%
7
100
'5.
7
100%
18% 18%
47% 48%
21
45%
90%
36%
39%
<5%
•11%
21
46%
91%
37%
40%
6%
12
•23%
*140
*140%
48%
fSK 38%
Ohio & Miss...
Pacific Mall
6%
6%
99% 99%
.
6
Erie
Han. & St. Jos
1154
do
pref.
*140
Harlem
48
Ill. Central...
Lake Shore...
46%
June
51%
48
...
53%
47%
33% 3!) V
63% (i:»Y
88% 90%
20% 20%
18% 18%
48% 49%
21%
47%
91% 92%
36% 37
39% 40%
6%
6%
12
24
12
24
141
6%
6%
100% 100%
18% 18%
48% 49%
20% 21%
46
47%
91% 92%
35% 36%
37% 40
*5%
33% 13%
"23%
52%
46%
33%
68%
61%
G8%
62%
95
95
43%
40
90
40
«4%
40%
•87'
83%
Atlantic & Pacific Telegraph
Central of New Jersey
.
,
Chicago Burl. & Quincy
Shares
72 '
1,713
1,4331
pref...
5,050!
41,tOOl
pref...
3,550
18,850
Chicago Rock Island & Pacific..
94,438
Chicago Mil. & St. Paui
do
do
.
Chicago & Northwestern
do
do
Jan. 1, 1877,
Lowest.
I
Highest.
15J4 Feb. 3 25 Mch.
6 % May 25 37% Jan.
94' Mch. 19 118% Jan.
Jan.
11
Apr. 12 21
40% Apr. 23 54% Jan.
15
Apr. 13 87% Jan.
37% Apr. 23 58% Jan.
82% Apr. 23 102% Jan.
3:3% June 8' 74% Jan.
Jan.
36^ June 8. 77
4% Apr. 2 1074 Jan.
7
Apr. 17| 15% Jan.
Delaware <fc Hudson Canal
20,598
Delaware Lack. & Western
241,870
Erie
1,800
GOO
Hannibal & St. Joseph
300 17
do
do
q>ref
410 135
Harlem
Illinois Central
34,335 40)4
Lake Shore
252.270 45
Michigan Central
23,175 35%
Morris & E-sex
23,295 57)4
N. Y. Central & Hudson River.. 114,083 85)4
3
Ohio & Mississippi
BOO
Pacific Mall
13.630 12%
Panama
'287 80
Wabash Receipts
1%
1,455
Union Pacific
637 59%
Western Union Telegraph
191,520 56
Adams Express
135, 91
American Express •
1,005 43%
United States Express
301 36
511 82
Wells, Fargo & Co
Aur. 17 30
Feb 191144
Jan.
Apr 3j 65)4
Apr. 23 57%
Apr. 2\ 50%
Apr. 20 92 <4
Apr. 23 104,%
Apr. 4
7%
Apr. 3 26%
Apr. 3jl30
June 8j 81%
Jan. 15 73
Apr. 4! 78
Apr. 23IK 5
June 7 60%
Apr. 271 59%
Apr. 23 90
Jan
May
Jan.
Jan.
40%
83
84
96
106
Mch.
122
110
Jan.
117%
5
24%
16% 39%
Jan.
Feb.
Feb.
57% 7-4%
63% 80%
Mch.
Jan.
Jan.
Feb.
Jan.
100
114
5j 55
67
8
June 5l
49%
76%
79
91
The latest railroad earnings, and the totals from Jan. l to latest
dates, are given below. The statement includes the gross earn¬
ings of ail railroads from which returns can be obtained. The
columns imder the heading “Jan, 1 to latest date” furnish the
gross earning3 from Jan. 1, to, and including, the report mentioned
in the second column.
earnings reported
181
Atch. Top. & S. Fe.. Month of May... £183,321
Bar.JcMo.Riv.in Neb .Month of April.
50,709
Bur. c. Rap. & North .Month of May..
71,605
Cairo & St. Louis... ,3d week of May.
6,253
Canada Southern.
119.312
Month of May.
Central Pacific....... Month of May.. 1,575,000
Chicago & Alton
Month of May..
311,256
Ch;c. Burl. & Quincy. Month of Mch..
8-88,065
..
....,
Chic.Mil.& St. Paui.. Month of .May..
Chic. R. I. & Pacific. Month of Mch...
.
Cm.Lafayette & Chic .Month
of Mch..
Clev. Mt.V. & Del... 3d week of May.
Denver Pacific
Month of April..
*
Earnings this year
year's figures.
St.L.&S.E’n(StL.div.)3d week of May.
(Ken.div.).3d week of May.
“
(Tenn.div.).3d week of May.
St. Paul & S. City
Month of April..
lu,476
6,411
3.002
38,269
City&St.Paul..Month of April..
21,579
...
...
8....
606.000
532,721
23,120
7,186
23,712
1877.
1876.
£814,347
208,310
£859,162
212,985
100,902
359,292
97.925
488,535
1876.
5,625
123,087
1,757,415
423.645
736.046
6,399,003
1,682.7.53
93,395
721,873
6.3-0,676
1.795,6i8
885,753 2,536,584 2,644,333
819,563 2,370,460 3,082,8 5
i 58,727 1,523,30? 1,593,070
5 <!2,433
69,875
30,233
136,114
133,068
6,546
97,235
embrace Trinidad extension, not included in previous
177,811
76,740
1,005,961
103,239
202,826
198,242
1.6P2.291 1,466,743
57,275
878,568
123,936
1,240,611 1,273,163
514,764
504,698
237,355
99,601
14,322
6,227
218,709
111,797
218,565
119,521
129,472
162,041
54,817
3,014
36,137
54,994
102,987
73,970
21,940
125,209
418,494
557,457
1,054,183 3,7e2.24? 3,289,664
365,168 1,646,037 1,729,896
$
$
105% $
105% 105% 106
105% 101,004,000 1,801,903 1,929,792
105% 107
107% 104% 107% 105%
107
•
•
•
•
£4 88
3 87
4 75
3 90
Spanish Doubloons. 15 60
Mexican Doubloons 15 50
the quotations in gold for foreign and
ft £4 92
ft 3 92
ft 4 80
ft 4 10
S. 15 90
(ft 15 60
Fine gold bars......
Dimes & half dimes.
—
94
(ft
—
94%
Large silver, %s&%s
—
94
(ft
—
94%
Five francs.
Mexican dollars.
—
.
-
English silver
11'%
117%,ft
par(3>%prem.
j Fine silver bars
Prussian silv. thalers
Trade dollars
—
93
96
ft
ft
—
—
95
97
4 80 ft 4 85
—
65
ft
—
70
—
95%ft
—
96%
Exchange.—Exchange has been firm cn a moderate business,
to-day tlie tone was somewhat variable and irregular, with
more demand late in the day than earlier.
The bankers are still
shipping coin, and for to-morrow’s steamers some $1,000,000 or
more was reported to be engaged.
On actual business the rates
but
brokers
among
were
about 4.87 to 4.87^ for 60 days’ sterling,
and
4.89f to 4.90 for demand.
In domestic exchange the following are rates on New York at
the undermentioned cities to-day: Savannah, buying, 3 16, selling,
5-16 ; Charleston, little stiffer, obtainable at 1-5 ; Cincinnati, very
firm, buying par, selling 1-10 ; New Orleans, commercial-^, bank
f ; St. Louis, 75 premium; and Chicago, 50 premium.
Quotations for foreign exchange are as follows:
—June 8.
3 days.
60 days.
4.87 ft4.88
4.89%@4 90%
4.89 ft4.60
4.86%@4.S7%
4 83 @4.88%
4.85%@4.86
4.85 ft4.85%
4.87%ft4.83
Prime bankers’ sterling bill3 on London..
Good bankers’ and prime commercial...
Qood commercial
Documentary commercial
Pans (francs)
Antwerp (francs)
Swiss (francs)
Amsterdam (guilders).
..
Hamburg (reichmarks)
Frankfort (reichmarks)
5.15%ft5.14%
5.15%ft5.14%
5.15%ft5.14%
40%ft 40%
94%ft 95%
94%ft 95%
94% ft 95%
94%ft 95%
.
r.
(reichmarks).
(reichmarks)
Bremen
Berlin
5.13%ft5.11%
5.13%fto.ll%
5.13%ft5.11%
40%ft 40%
95%ft 96
95%ft 96
95%ft 96
95%ft 96
The transactions for the week at the Custom House
and Sub-
Treasury have been as follows:
Gustom
House
«198.000
4
..
5...
6...
r*
i
...
8...
/
,
Receipts.
Jan. 1 to latest date
$21 >.370
51,724
April..
Balances.
n,
Total
■Quotations.
■>
Gold.
Low. High Clos. Clearings.
Currency.
105% $33,940,000 $1,885,533 $2,004,988
105% 105% 106
24,023,000 1,547,000 1,645,824
105% 105% 105% 105%
21,806,000 1,424,969 1,510,559
105%, 105% 105% 105%
15,439,000 7,035,077 1,170,460
105% 105% 105% 105%
803,876
852,206
14,257,000
105% 105% 105% 105)4
105% 105% 105)4 105%
2
4....
5....
6
7....
June 2
-Latest
...
304,000
227,173
102,096
X X Reichmarks....
X Guilders
45
Jan.
St. L. L Mt. & South.Month of May..
St. L. K. C.tfc North’n.Month of May..
St. L. & S. Francisco.Month of May..
16,975
300,833
24,232
39,293
237,339
Sovereigns
Napoleons
63
14%r
20% 109%
U2% 121%
IS % 46%
49% 84%
31% 45%
55% 67%
98% 111%
61% 125
64% 120%
7% 23%
10% 22%
18% 33%
130% 145
60% 103%
48% 68%
34% 65%
193,647
666,152
614,652
’
12,272
225,827
29,391
34,950
The following are
American coin:
’
1%
f,S%
year 1876.
Low. High
to date.-
1,184,212
642,499
£64.908
April..
Aptil..
April..
Sr..L.A.&T.H.(brchs).Mouth'of May..
.
39
Whole
Sales
of w’k.
1,172,808
105.685
1:33,464
51,068
Current week.
Previous week..
Jan. 1 to date...
47%
Jan. 1,
212,923
97,037
126,372
54,608
Saturday, June
Monday,
“
“
Tuesday.
Wednesday, “
“
Thursday,
Friday,
“
54
follows:
231,301
,
t
week, and the range in prices since
Total sales this
321,840 1,647,195 1,562,304
264,847 1,484,241 1,448,803
Op’n
ui”
tiie Board.
303,542
Market.—Gold liaa been weaker, and closes at
We do not see much in tlie commercial situation to cause
a lower range for gold, and the conclusion is that the present
market price is governed to a great extent by the Treasury and
Syndicate operations. On gold loans to-day the borrowing rates
were flat,
1, 2, 3,
and 4 per cent per annum and 1-64 per
diem.
The price of silver in London is 52|d. per ounce, accord¬
ing to the reports of the bullion dealers.
The following table will show the course of gold and gold
clearings and balances each day of the past week:
94% 91%
*44%
4)%
621,987
Tlie Gold
97
1%
68%
61%
2
2
69%
61%
25%
45%
607,517
103§.
61% 67%
89% 90%
4%
4%
79% 19%
•95
8,523
148,573
349,400
Tol.Peoria&Warsaw.Month of May..
85,011
Month of April. 1.088.280
Wabash
Month of May..
335,857
46
141
1876.
154,065
471,595 1,819,255 2,168,883
127,985
30,226
461,609
600,573
70,606
588,390
501,845
845,841
243,333
878,018
77,842
331,202
313,447
358,905
99,998
24,548
81,822
258,193
79,313
Union Pacific
91% 91%
33% 35%
36% 37%
6%
*5%
12% 12%
•23%
1877*.
228,870
25,614
Sioux
100% 100%
18
18%
43% 49
20
20%
45
194,573
“
June 8.
19
19%
*....
7-4
141% *141
Fi
54%
-53% 55%
47
43%
46% 47%
38 V 40%
39% 40
67% 69%
63% 69
90% 91%
89% 91%
5
*4%
5%
4%
20
20%
13% 20%
96% 96% *95
..
were as
June i.
•13
20
June 6.
19
19
7
6%
101
101
14,294
April.
New Jersey Midland.Month of
Pad. & Elizabethan..Month of
Pad. & Memphis
Month of
Phila. & Erie
Month of
St. Jos. & Western...Month of
Friday,
Wednes’y, Thursday,
96
94
96
96
96
Panama
90
•)
2
2
2
Wab. P.C. Ti’ts
1%
2% 2%
68
% 63% *67
67% 67%
Union Pacific.
68% b3%
00
'
SI
60%
60 V 61%
61%
West. Un. Tel.
5)%
95
•94
96
95
91% 95
Adams Exp... '95
45
46
American Ex.
46% 44% *47% 46%
46%
39 %
40
40
40%
United States.
9J
*86%
9)"
*84
Wells. Fargo
*37% 93
•This Is the price bid and asked : no sale was made at
1876,
Denv. & Rio Grande*.3d week of May.
Hannibal & St. Jo...Month of April..
Illinois Central
Month of May..
Do. Ia.leased lines.Month of April.
Indianan. Bl. & W...3d week of May.
Int. & Gt. Northern. .Month of May..
Kansas Pacific
Month of April..
Louisv. Cin. & Lex..Month of April..
Louisv. & Nash., &c.Month of April..
Missouri Pacific
Month of May..
Mo. Kansas & Texas.Month of May,.
Mobile & Ohio
Month of April..
Nashv.Chatt. & St.L.Month of April..
Jan. 1 to latest date.
>
1876
1877.
have been as follows:
Tuesday,
Monday,
June 4.
Saturday,
June 2.
earnings reported.
-Latest
of the week in leading stocks were as follows :
N’west
Whole stock
537
CHRONICLE
THE
9, 1877.]
-Sub-T/casury.-Payments.
Receipts.Gold.
Currency.
Currency.
Gold
$667,290 45 $472,063 SI $476,114 40
$505,912 15
08
494.000
462. 021 OS
1,350,786
205,000
233 .824 or
1,569,438 97
199,000
•208 ,732 56
501,,058 25
346,000
177,000
192.,135 13
698,170 93
864,363 93
699,837 28
$1,529,000 $2,103,756 44 $5,348,893 62
84.952,925 41 47,556,054 45
Balance, June 8
81,001,165 14 47,330,910 33
Total
80
1,279^7 09
32', 745 87
1,063,889
T2!8,90?
54
23
578,797 C6
2,688.237 51
534,705 77
911,892 47
814,824 95
1,263,614 39
$6,055,515 71 £5,574,037 69
Balance. June 1
Texas Securities.—Messrs. Forster, Ludlow & Co., 7 Wall st., quote:
G. H. & S. 6s, g. 83
State 7s,gld §103
109% Austin 10s.. ..100
| H.&T.C.7«,g.lst 86
7s,g.30 yrs §108% 109% Dallas 10s.... 90
30
Houston 6’s..
j do 8s con. 2d 65
101
10s,1884.. §100
1 G.H.&H.7s,g.l3t 75
S. Ant’io 10s.. 90
10s,pens.. §103
104
87
...
..
...
of 1892... §93
§ With interest.
6s
95
66
SO
BOSTON, PHILADELPHIA, Etc.-Contluued.
New York City Bank»._Tke following statement shows the
condition of the Associated Banks of New York City for the week
Banks
Capital.
3,000,000
Manhattan Co... 2,050,0.0
3,000,000
2,000.000
1,500,000
Mechanics’
Union
America
Phtenix
3,000,000
.
City.
1,000,000
1,000,ui3()
1,000,000
Tradesmen’s
Fulton..
000,0OJ
Cnemical
300,000
Merchants’ Exch. 1,000,000
Gallatin National l,5t)0,000
Butchers’& Drov.
500,000
....
Greenwich
2.0.000
Leather Manuftrs.
000,000
Seventh Ward....
300,000
State of N. York.
800,000
American Exch'e. 5,000,000
Commtrce
10,000,000
Broadway
1,018.8 0
9.577.300
3,«01,300
3,9:30,300
l,429,<i00
1,824,590
000,000
Mechanics! <fe Tr.
535,ik 0
121.500
329.100
56,000
987,100
552.700
454,090
38,500
3,075,700
208.900
189,600
394,900
726,800
2,6:36,700
902,103
2.084,700
67.100
298.200
388,000
36.500
1,012,700
2.196.800
45,000
246,000
8,5*9 000
7,910,400 2,530,403
895,700
3,240.900
45,000
2,815,000
2,19-,100
*450,003
2,359,100
273,000
3,318,600
1,103,700
5,400
4
796,400
2.924.800
2,016,900
3.422.400
Chatham
450,000
Peopled
4:2,500
3,000,e0:)
Citizens’
Nassau
Market
St. Nicholas
Shoe and Leather.
Corn Exchange..
Continental
Oriental ’.
Marine
600,000
1,000 000
1,0 0,000
1,000,000
3,199.600
1,335,(K0
2.175.500
3.819.500
2,023,0 0
11,302,(100
1,638,103
2.169.800
2.668.900
2.134.900
4,167,000
2,799 700
3,114.203
1.237.300
1,749,30J
1.000,000
1,( 00.000
1,250,(00
300 00.)
40)000
Importers’&Trad. V 00,0( 0 15/59,800
Park
2,0(i0,000 11.316 500
923. v 00
Mech. Bkg. Aes’n.
500,000
Grocers’..
300,000
North River
40 ,( 00
East R ver
350,0(K)
1<0,0 0
Manuf’rs1 & Mer.
Fourth National.. 3,750,<00
Central National. 2,000,000
Second National..
300.0JO
Ninth National... 1.500,00)
First National....
5(X),0 0
Third National... 1, 0 >.03 )
N. Y. Nat. Exch..
300.003
Tenth National...
.*00,(’.00
719,400
953,t00
842,760
393,300
13,9:6,.: 00
7.767,000
2.0:30,000
424 400
087,000 1,441,000
047,3J0 5,200 603
67.800
911,803
241.500
5(2.300
21.700
715,600
215.900
365.800
213,700
656,t0)
7,800
118,2(0
54.400
390,000
It/,9.0
744,400
123,000
478,400
677,000 1,921,000
61,503
416,000
29.100
191,901
156.500
257,800
73.000
280,600
1.079,590
1.579,000
1.110.500
250,009
New York County
200 0 0
German American 1,000,003
Dry Goods
1,000,003
74.400
118.500
1.581.500
2,700
254,000
1.897,400
293.703
78,600
18,000
134,000
3,900
208.300
497.300
458,90)
4,700
139,0,0
601.300
4,0(0
223.700
14.70 J
206.00t
915,000
bi',000
304,100
2,t,0)
126,6(0
17,4(30
166,500
26.5 0
115,tOO
70,103
9,100
1.076.600
232,400
362,600
1.801,0u()
884,030 4,0)7,300 17,421.100
978.500 2,884.500 14,305,500
724,500
649,* 03
770,9 ()
647,7(33
98.900
116,300
450,600
552,800 3,609,800 12,519,200
243,000 1,667,000 7,134,000
5
30,8 '0
-.31,000
27,900
3,000
281,900
243,000
240,6 0
29.700
318,600
490,t00
319,703
1,044.00.1
1,33 ',(100
(56,000
713,100
2,064,000
4,412,000
i
5,822,000
180,000
7,298.900
49,400
269,800
765,700
1,156,100
877,400
1,189,400
2,506 400
1,172,700
444.500
223,300
180,000
..
Dec. $2,752, U 0 Net Deposits
T
Dec. $1,951,000
Inc.
7i,7o0
Specie
Dec. 1.534,203 Circulation
Legal Tenders
Inc. 2,32;*,300
The following are the totals for a series of weeks past:
Loans.
Specie. L. Tenders. Deposits. Circulation. Agsr. Clear.
Apr. 28. $255,733,810 $v(),534.500 §*8,865,0(0 $-.22.911,’(X) $15,996,100 $416,609,642
May 5
258,013,900 23,119,103 50,441.700 2’6,957,000 15.995.900 467,494,395
.May 12. 2**6,519,6 0 23,272,500 51,066,700 227,226,"00 1(1,0( 8.700 432 340,459
May 19
2.55,894,70 ) 21.-6?,200 52,43?,700 221,645 410 16.069,900 3*3,161,605
May 26. 251,503,501 21,343.7* 0 53,570,100 225,432,600 lbJMVJ/OO 334,639,097
June 2.. 250.754,400 19,841,50.) 65,899,700 223,481,600 16,143,700 333/3:,8*8
Loans
...
.
.
Boston
Baukk.—Totals
were as
follows:
Specie. L. Tender-. Deposits. Circulation. Agg. Clear.
Apr. 30. $120,705,800 $2,.:31,700 $6,561,20i §52,9.5,100 §23,304,960 $43,708,082
54.487,500 *3,371,40)
54,070,16 J
May 7. 1.8,671,3 0
2,542,000
6,916,301
2.4:0.603
4",- 62,990
53.208,(0 ) 23,341,500
May 14. 129.U33.100
7,012,200
2,337,609
45,785,125
52,913,200 20,432,(00
May 21. 129,488,900
7,600,700
51.831.800 21,115,2-0
40,615,385
May 28. 129,151,700
2,117,33)
7,202,3*0
June 4. 124,432,303
38,959,901
1,930,503
51.936.800 23,004,503
7.149,000
ere
as
follows:
Philadelphia Banks.—Totals w
Loans.
Apr.
May
May
May
May
Lo ms.
Specie. L. Tenders. Deposits. Circn’ation. Agg. Clear
$60,337,095 $1,188,924 $16, 68,(506 §51,104,154 $10,560,931 $35,752,260’
1.306 871
39,755,591
52,e,80,491 10,533,354
17,0 (6,708
60,733,68**
35, 53,725
1,266,351 17,412,(513
.*3,473,281 10,526,878
63,760 7t7
54,009.8 .'2 10,(544,078
37,181,340
1,311, *30 17,431,155
61,115,305
56.(52 ■’,719 M,518,176
35, '23,655
1,25 >.703 18,(5 3,877
62,173,530
32.684,457
58,032,771 10.515,780
62,153,319
1,218,001 19.6 8,037
30.
7
14.
21.
28.
.
June 4
.
QUOTATIONS I\ BOSTON, PHILADELPHIA AND OTHER CITIES.
Bid.1 Ask.
SECURITIES.
BOSTON.
....
....
Eastern, Mass.. 89b. new.
Hartford & Erie 7s, new..
Ogdensburg & Lake Ch.ss...
...
UP UH
Colony & Newport 7s, *77.
Rutland,
new
7s
Verrn’t C. let m., cons. 7s, ’33.
do
2d m.. 7s. 1891
Vermont ft Canada, new 8s
I
48
do
68.15-25, reg., 1882-’92. 110
112
Philadelphia 6s, old, reg
105 11054
do
6s, new, reg.
110*4 1104
Allegheny County 5s. coup...
Pittsburg' 4s, coup., 19(3
...
STOCKS.
82
102
5s, reg. ft cp., 19137 hi
6s, gold, reg ... ... 100
do
do
do
7s, w’t’rln.reg. &c.
7s, Ttr. Imp., reg., ’83-36 70
N. Jersey 6s. exempt, rg.&cp.
Camdeu County 6s, coup
Cainden City 6s, coupon ....- UK)
do
7b, reg. & coup 112
Delaware 6s, coupon
Harrisburg City 6s, coupon ..
iob
pref
do
'do
pref.
Delaware ft Bound Brook....
East Pennsylvania
84
31
34
32
32
24
39
new
Williamsport
Elmira ft
Diinehlll
Nesquehoning Valley
Norristown
North Pennsylvania.
Pennsylvania
Philaaelphla A
Pniladeiphia &
Philadelphia ft
Phila. W’ilmlng
Erie.
Read ng
Trenton
ft Baltimore.
Jersey
6*4
‘32
.
Delaware Division
18%
18%
Lehigh Navigation
Morns
do
pref
55
121
119
Pennsylvania
Schuylkill Navigation
pref...
Susquehanna
BONDS.
106
Allegheny Vai.. 7 3-10s, 1S9*
do
7s, E. ext., 1910
inc. 7s, end..’9i.
do
Bclvidere Dela. 1st m. 6-, ’77..
1074
I 00
40
45
113%
113
114
1074 108
Par.
Balt, ft Ohio
100 105
100
do
Wash. Branch.HO
do
Parkersb’g Br. .50
34 *7
Northern Central
fO 14*4 15
Maryland
50
0
24
5
2d m.,guar., J.& J —
2dm., pref
do 2d m.,gr. by W.Co.Jft J
do 6s. 3d 111.. guar., J.& J.
Mar. & Cin. 7s, ’92, F. ft A ...
do
2d, M. & N
8s, 3d, J. & J
do
20
12
BONDS.
105
107
101
100
108
105
1044 105
104
108
1014 103
07 V, 98
101% 102
110
114
UK)
110
81
101%
104
110
105
50
35
114
84
108
114
100
05
42
ibi
104
MISCELLANEOUS.
Raltlmore Uaa certliicates... 104
15%
People’s Gas....
110
10
m.
90
jl08
Bounty stock, 6s
do
Market stock, 6s
do
Board of Public Works—
Certifs. gen. imp. 8j,’77-78.
...
98
ib‘44
...
65
1st in., 5s,perp. 62
do
Hart isburg 1st mort. 6s, 8b
105
H. ft B. T. 1st m. 7s, gold, ’90
do
2d 111. 7s, gold, ’95.
30
do
3d 111. cons. 7e, ’95*
;
Ithacaft Athens 1st,gld. 7s.,’90
Junction 1st mort. 6j, ’82.
do
2d mort. 6s, 19.0
106L.
Lehigh Valley, 6coup.. ’,898. 1004
do
gs, reg. 1893... 100%
do
7s, reg. 1910... 109
80
con. m., 63, rg.,19-13
do
Little Schuylkill, 1st in. 7
1004
No ri hern Pac. 7 3-lOs, cp.,1900*
Noitli. Penn. 1st 111.68, cp ,’85. 108
2d 111. 7s,cp.. 96. 108%
do
(lo gen. m. 7s, cp., 1903
d<> gen. ni. 7s, reg., 1903
80
Oil Creek ist in. 7s, coup.,’8:.
ritt8D. Tttusv. ft B 7s, ep.,’96 40
100
Pa.ft N.Y.C.& P.14.7s, ib96- 906
103
104
40
..
.
107
107%
110
80%
....
100
108
do
series
Certifs. sewer, 8s, ’74-77—
Water certificates, 8s, ’77...
85
50
107
107
,
100
100
100
100
100
45
101
CINCINNATI.
Cincinnati 6s
do
....
7s
do
7'30s
do
South. RR. 7-SOs. +
do
do *
6s, gold t
Hamilton Co., O., 6s. long...t
uo
76,1 to 5 yrs..+
do
7 & 7-SOs, long.t
Cln.& Cov. Bridge st’k, pref.
Cin.Ham. & D. 1st m. 7s, ’sU
do
2dm. 7s, ’&5..
do
3dm. 8s, ’77.T
Cin. Ham. ft Ind., 7s, guar....
Cin. & Indiana ist m. 7s
do
2d 111. 7s, ’.7...
Colum. ft Xenia, 1st ni. 7s, ’90
Dayton ft Midi, let m. 7s,
*81.
2am. 7s, ’84.
3(1 m. 7b, ’83.
co
do
.
Pennsylvania, 1st in., cp.,’89..
’78...
(Cong.) 6s, g., *92.
(Leg.) 6e, g., 902.
Certlfs.of st’ck (1828i 5?, at pi.
do
(1843) 6s, at pi.
Ches.& O. st’k (’47) 6s, at pi.
00
General stock, 8e, 88!
do
6s, at pleasure
)104
Connecting 6s, 1900-1904
102%
Dan. H. ft Wilks., 1st., 7s,’37*.
Delaware mort., 63, various..
Dr-1 ft Bound Br., 1st, 78.1905 '004
East Penu. 1st mort. 7s, ’88
102%
Fund, loan
Georgetown.
95
CayugaL.1st in.,g.. 7s. 1901*..
W’nisport, iht m., 7s, ’80.
District <f Columbia.
Perm. lmp<6s, g., J.&J., .891.
do
7s, *t9i
Market Stock bonds, 7b, 1692.
Water Stock bonds, 7s, 190...
do
do
7s, i903..
Washington. *
Ten-year bonds, 6s,
63. ’Si., >00
m. 6s, V7..
98
103
Camden ft Amboy 63, ’33.
.
do
6s, coup., ’39
do
mort. 6d, 1 eg.,’89 1 07
Cam. ft Atl. 1st 111. 7s, g., 19)3
do
21 in., 7s. cur.,;’80 91
Cam. ft Burlington Co. Cs,’97. 104
Catawissa 1st,7b. conv., ’-2...
do
chat, m., 10s, ’83 .
do
new 7s, I9i0
102
El.ft
116*,
WASHINGTON.
.
2d
31
112
1124
112
112
114
Unicn RR. 1st, guar., J. & J..
do
Can on endorsed.
Chesspeuke ft Delaware
do
do
112
109
113
113
113
113
II04
1002, J.&J
RAILROAD
CANAL STOCKS.
RAILROAD
iiej.
6s, exempt,’9S.M.&S.
115
1900, J.&J
1124 113
Western
129
40
10s
.
6
50
55
30
95
RAILROAD STOCKS.
3
128
United X. J. Companies
West Chester consol, pref—
65
80
58
114
114
do
do
Pittsburg lituBV. ft Buff
West
Maryland 6b, defense, J.& J..
54 Balt, ft Ohio 6b, 1880, J.&J....
do
6s, 1885, A.&O.
30%
N. W. Va. 3d in..guar.,’85,J ft J
Plttsb.ft
ConneliBV.78,’93,J&J
45
43
Northern Central 6s, ’85, JftJ
43
45
63. 1900. A.&O.
do,
00
924
do 6s, gld, i960, J.&J.
384 40
20% 29% Cen. Ohio 6s, let ni.,’90,M.& S.
84 W. Md. 6s. 1st m., gr.,’90,J.&J.
74
do
1st in., 690, J.&J...
12% 12%
Lehigh Valley
Little Schuylkill
86
54
BALTIMORE.
2
30
pref.
do
do
Susquehanna 6s, coup.. 19.8..
Central Ohio
50
Pittsburg ft Connellsv'llle..50
40*4
51*4
do
pref..
Har. P. Mt. Joy ft Lancaster.
Huntingdon ft Broad Top...
do
m.68,’95
6s, imp ,’80..
6s, boat ft car, 1913
7s, boat ft car. 19 5
Norfolk water, 8s
30
6
Catawlssa
2dm. 6s. 190.
do
do
15*4
26
pref
do
do
do
do
do
do
do
ao
RAILROAD STOCKS.
Camden ft Atlantic
Schuylkill Nav. 1st m.66, ’97.
do
6b, exempt, 1887 ...
do
6?, 1890, quarterly.,
do
5s, quarterly.
Baltimore 63, iSSi, quarterly.
do
6s, 18S6, J.&J
do
63,1890, quarterly,
do
6s, park, lb90,Q — M.
do
6s, 1893, M.ft S...
100
do
Dayton ft West, lstm.,
’81...+
1st in., 1905
do
do
lBtm.fs, .905
Ind. Cin. ft Laf. :et in. 7s... .
do
U.&C.) lstm.78, S8
19,0 1004 1074 [Little Miami 63,’(3
geu.111 6s, ig.,19‘0. 105% 107
Cin. Haul, ft Dayton stock..
07
cons, in 6
rg., 1905.
Columbus ft Xenia stock.....
96
95
cons. m. 6s, cp., 1905
Dayton ft Michigan stock....
Peri.iomen ist 111.6-*.coup.,’97
do
do
do
do
gen. 111.68, cp..
,
Phil*, ft Eiie 1st m.6s, cp., 8t
2d dii 7s.« p.,’88.
do
Phila. ft Reading 6s, TO,
do
7s, oup.,’93
do
dcbeu., cp.,’93
do cons. m. ,s, cp.,l9i!.
i014
103%
964 974
1044 105
38
92
02%
.
92
do cons. in. 7s, rg.,1911.
do new con. 7s, it 93
Ask
Vermont*. Mass. 1st m.,6s,'et!
Maine 6s
New Hampshire 6s
Vermont bs
Massachusetts 5s, gold
Boetou Os, currency
113 1134
do
5s, gold
Chicago sewerage 79
1084 109
do
Municipal 7s
Portland bs
Atcl*. & Tcpeka l6t m.7s
88
land grant 7s m4\ so%
do
do
vtd 7s
40*1 50
do
land ine. 12s.
,105
Boston & Albany 7s
do
6s
,104>4|
107
Boston & Lowell 7b
Boston & Maine 7s
110-Mi
Burl. ft Mo., land erant 7s
109%)
do
Neb. 8s, 1*91
do
Neb.8s, 1S8) .... 98
U»d
Bid.
SKCURITIE8.
Pennsylvania 6s,coup., :9 0..
AND CITY BONDS.
do
74,235.233 250,754,400 19,844,530 55,S99,7dO 223,4.81,600 16,143,703
The deviations from returns of previous week are as follows:
Total
STATE
Penna. 5s, g’d, int.,reg. or cp. 1024 192%
do
5s, cur., reg .... ... . 102
103
do
5s, new, reg., 1892-1912 107
108
do
6s, 10-15, reg., l*77-’82. 103 1105
900
1.179.200
2.481.200
87,000
196,500
3,356.000
2,132,000
10,261,000
1,777,600
1,957,70.)
1,687,700
1.1 Ik 600
915 010
3,3*7.300
779,000 1,756,701
617,030
2.412,200
36,000
69,200 1.101,10(3
5.189.400
680,203
4.893.200 1.177.400
5,822r9v)0 1.159.400 1,388,100
Bowery National.
782,303
2,325,20)
1,208,090
1,015,300
422.700
500,000
1,100
270,000
26^,000
221,9tO
1 500,000
..
145,000
618,200
Republic
IrviDg
Metropolitan
163,200
2,9*8,700
12,529,000
17.038,200
North America... 1,000,000
Hanover
1,000,003
25,700
7,500
1.376 500
661,300 3,383,100 10.536,00J
176,1 a)
828,900
1,000,000
1,< 00.000
Mercantile
Pacific
Circula¬
tion.
$
Net
Spec’e. Tenders. Deposits.
S
$
§
S
9,085,403 3,062,000 1,779,201 10/23,010
6.: 01.100
465.100 2,061,0 0
5,752,000
IK): ,700 2,242,400
7,385,0i 0
7,134,100
378,403
918/00 4,892,300
0,478,500
355.100
655, h0 3,147,5(0
4.231.200
8.503.200 1.319.400 2,413.600
7,959,00)
2,001,000
:384,000
715,000 2/2i,000
5,703,100 1,288.590 1,389,000
5,1- 8,160
60.800
366.100
1,752,4(0
3,210,': 00
New Y» rk
Merchants’.
Le^al
bid. Ask
SECURITIES.
Morrla. boat Joan, reg., (885..
PHILADELPHIA.
AMOUNT OF
—AVERAGE
Bid. A6k.
SECURITIES.
ending at the commencement of business on June 2, 1877:
Loans and
Discounts.
[June 9, 1877.
CHRONIC^
THE
538
474
do
8. p.e.
Little Miami stock
st’k,guar
LOUISVILLE.
+
Louisville 7s
do
do
do
do
do
d*r
63,’62 to’87
6s,’9* to’93
+
t
water 63,’87 to *89 t
water stock 6s,’97.+
wharf 6s
+
50
Phila.ft Read. C ft I. aeb. 7s. 2
05
spee’l tax 63 of’89.+
*.s. ’92-93
do
uo
Jeff.M.ft 1. lstm. (i&M)7t,’8i
Phila Wiim.ft lJ.lt. 6s, ’84
do
2dm., 7s
74
Puts. Cin. ft St. Louis 7s, 19f’0 73
do
1st m.,7s,19C6... v
bhamokm V.& Polt.^v. 7s, 1901
I6t in. 7s,’97.
Loulsv.C.&Lex.
86
St- ubenv. ft Ind. 1st, 6s. :884.
Louls.ft Fr’k.,Lonlsv.ln,63,’8!
Stony Creek l6t m. 7s, 9)7*..
Loulsv. & Nashville—
Sunbury & Erie 1st 111. 7s, ’;7..
Louisv. In, (m.s.) 60,’86-87.+
United N.J. cons. 111. 6s.’94
Leb Br 6s,’86.
+
794
Warred ft F. 1st 111.7s, ’9*...
1
1st m. Leb. Br. Ex.,7f,’S0-S5.+
100
West Chester cons. 7s, ’9
Lou. In.
do
6e, V3...+
West Jersey 6s, deb., coup .’83) 85
Consol, let in. 7e,’98
:st 111.6s, cp., ’96 104
1054
do
Jefferson Mad. & Ind
105
do
1st 111. 7e, ’97
Louisville
ft Nashville
75
80
Western Penn. KK. 6s, 893.
LouEville Water 6< Co. 1907 +
6s P. B..’96
do
RST. LOUIS.
WTlra. ft Read, istm.7-, ’900*
!
St. Louis 6s, lot g
do
2d 111., .902*
„..+ 1034
water 66, gold... .+ 107
do
CANAL BONDS.
do
do
new.+ 1004
do
Chesar*. ft Dela Gs, reg., ’81..
do
bridge appr.,g. 6s + 1004
Delawa e Division On, cp.,’78
do
renewal, gold, 6s.+ 1004
Lehigh Navigation 6-*, reg.,’844 ibY%
101% 102
do
sewer, g. 6s, ’91-2-3.+ 10076
do
Kk.. ig.,’9*? 08
100
St. Louis Co. 1 ew * ark,g.6s.+
do
(ieb.,rg.,’7‘7
do
conv. 7s.
+
do
couv.,rg. ’.8:i
St.L.& San F. Kit. bde, ser’s A .'0
do
93
c<:nv.,g., rg.,’94 90
do
do
do
B
224
do
85
86
go;d, V7...
do
do
do C 21
do cons.
‘
1
Boston & Albany
..
115*4 1154
Boston ft Low eu
! 01
01*4
( 924 92%
Boston ft Maiue
Boston ft Providence
120%
Burlington & Mo. in Neb.
‘ 3856 39
Cheshire preferred.
i
Cm Sandusky* clev....
j
Concord.
;
Counectii ut River
; 125
127
Conn, ft Passumps c, pref....,
Eastern ( Mass.).
3%
Eastern (New Hampshire;../
...
j
..
■
-
Fitchburg
Manchester & Lawrence.
Nashua & Lowell.
\
New York ft New Kng’and.
j
Northern of New Hampshire
107*4
125
.
Norwich ft Worcester
Ogdensu. & L. Cnauiplatn ...I
do
do
prtf.
Old Colony
;
Portland baco & Portsmouth
Rutland, common
do
preferred
Vermont ft Canada
[Vermont & ftMassachusetts.,
Na^hu"
'68*4
18
70
04
•
•
...
’
■.804
.
..
.
,
....
-
-
••
....
....
.
20
in.7a, rg ,19H
*
In default
r
f intere t.
+ And interest.
100%
10"%
93
100%
924
>4
June 9,
1877.]
THE
GENERAL
are
quoted
previous
on a
Bid. Ask.
State Bonds.
Alabama 5s, 1883
do
5s, 1866
do
8s. *886.
do
8s, 1883
do
8s, M.&E. RR..
do
8s, Ala. & Ch. R.
do
8b of 1892
Bid.
40
40
40
40
iVo'%
...
..
...
...
.
10*3%
\om
..
Long bonds, due ’32-’90. 10841 109% O. C. C. & Ind’s 1st m. 7s, S. F.. 107
do
consol, m. bonds
Asylum or Un.,due 1899. }08%
Del. Lack. & W’estern, vd m...
Han. & St. Jos., due 1836. lO'.
do
do
do '
do 1837- 108%
7s, conv.—
Morris & Essex, 1st. m
New York State115% 118
,—
66, Canal Loan, 1877
do
do
do
do
do
......
6s^»
do
1878
6b, gold reg... .1837
6s, do coup.. 1887
,
6s, do loan.. .1883
do
1691
6b, do
do
1892
68, do
do
.1893
do
6s,
North Carolina68, old. J. * J
.
120
120
120
.
.
•
..
si
21
do
do
Vi
2
107
110
7s of 1888
Non-fundable bonds
42
42
42
42
50
50
3
...
44%
Tennessee 6s, old
do
6s, new
43
43
6s, new series.
Virginia—
31
31
6b, old
6s, new bonds, 1866
1867
6s,
do
6s, consol, bonds
6s, ex matured coup. ..
6s, consol., 2d series.
6s, deferred bonds
District of Columbia 3.65s.
do
do
44%
5
75%
75
75
small.,
75%
75.
registered
Railroad Stocks.
quot'd.)
(Active preciously
Albany & Susquehanna...
Central Pacific
Chicago & Alton
do
pref
78
99
24
80
Cleve. Col. Cin. & I.
Cleve. & Pittsburg, guar..
Col. Chic. & I Cent
Dubuque & Sioux City.
79*
100
80%
1%
1
.
Erie pref
Indianap. Cln. & Laf
Joliet & Chicago
50
Long Island
Missouri Kansas & Texas.
New Jersey Southern
N. Y. New Haven & Hart.
Ohio & Missis8;ppl,pref
Pitts. Ft. W. & Cn., guar..
do
do
special.
Rensselaer & Saratoga. .
Rome & Watertown
St. Louis Alton & T. H....
do
do
pref.
Belleville* So. Ill.,pref.
St. L. I. M & Southern....
St.L.K. C.& Norlh’n,pref
Terre Haute & lnd’polis
Toledo Peoria & Warsaw.
United N. J.R. & C
Warren
146%
90*4
*95
L
*2
miscel’oiiB Stocks.
Am. District Telegraph..
Canton Co., Baltimore....
60%
25
...
Consolidate Coal of
Mariposa L.&M. Co
,,
do
,
Md!
1%
1
]
"5%!
129
40
25
2*4|
10
100
Pennsylvania Coal'!!!’*!
Spring Mountain Coal....
70
^?a!Ir°ad Bonds.
*
1* £xcha7iue Pii.cex )
& Susq. 1st bonds
Albany
do
do
id
3d
^
Boston H.
■o
„
do
do
109
93
do
do
m..
guar.
!1
50
..
ex
coup.
84
22%
Detroit Water Works 7s
Elizabeth City, 1880-95
do
1885-93
Hartford 6s
t 110% 114
95% 98
97
95
100
104
+
+
Indianapolis 7.30s
do
Oswego 7s
Water »s,
..tilOo
+ | 97
...
....+ 113
long...+J113
+ 104
Toledo 8s. 1877-’89
Toledo 7.30s
Yonkers Water, due 19?3
+ 109
101
105
RAILROADS.
Atchison* P. Peak, 6 ■», gold..
Atlantic & Pacific L. G. 6s, gld
Atchison & Nebraska, Sp.c...
Bur. & Mo. liiv., land m. 7s...+
do
3d S., do 8s...+
do
4thS.,do8s...+
do
5thS.,do8s...+
do
6thS.,do8s...+
Bur. C. R. & N. (Mil.) g. 7s....
Cairo & Fulton, 1st 7s, gold...
California Pac. RR., 7s, gold
do
6s, 2d m. g.
Canada Southern, l6t in
do
with lilt, certits
Central Pacific, 7s, gold, conv.
Central of Iowa l6t m. 7s, gold.
Keokuk & St. Paul 8s ...3
+
..
....
Dixon Peoria & Han. 8s.
O. O. & Fox R. Valley 8s
p
22
5
27
1
*
*6*
11
*8
%
1*4
13
ioo
98
*
65
30*
15
18
70
90
10
20
05
61
64
15
109%
100
100
102
104
22
52
40
103
35
STATES.
new
• •
105
110
172
111
104%
65
99
Georgia 6s of 1889...
South Carolina new consol. 6s.
72
Texas6s, 1892
M.*S.' 94
do
108
7s, gold, 1904-19;U. J.&J.
do
7s,gold, 1904
J.&J. 108
do 10s, 1884
T.&J. 100
do 10s, pension, 1894.. J.&J. 105
Class B
74
96
ICO
103
101
no
92
87
95
8s
waterworks
97
94
87
67
83
75
73
91
84
65
Augusta, Ga., 7s, bonds
Charleston stock 6s
25
1*0*1
CITIES.
do
do
40
20
25
no
42
41%
consols, Class A
do
Atlanta,Ga., 7s
30
10
20
60
Southern Securities,
(Brokers' Quotations.)
do
115
•
75
37
......
Alabama
ioo*
•
93
10*
Charleston. S. C., 7s, F. L. bds. 78
55
Columbia, S. C., 6s
67
Columbus, Ga., 7s, bonds
93
Lynchburg 6s
Macon bonds, 7s
82
Memphis bonds C.
j 27
I
*83
..
*83%
*50
95
25
101
.+ 101
is*
90
72
!
do
do
end., M. & C. RR
5s (coups, on)
51% Mobile
do
8s (coups, on)
do
6s, funded
Montgomery 8s
29
Nashville 6s, old
10134
do
6s, new
IOI44
102% NewdoOrleans prem. 5s
no
| 24
bonds A & B
30
...
40
30
70
70
35
43
consol. 6s
..
..
ioi>4
..
j
..
.
30
33*
25
1
3
do
railroad, 6s
bDf 109
110
a! o 1
do
wharf imp’ts, 7-30
Illinois Grand Trunk....
108%
SXJ
Norfolk
6s
88
ius
Chic. Dub. & Minn. 8s
25
Peoria & Hannibal R.
93%
100% 101% Petersburg 6s
Richmond
6s
98
Iowa
K.
Chicago &
SsSs. S
Savennah 7s, old.
50
American Central 8s....j o
idi
do
£0
Chic. & S’thwestern 7s, guar.
7s, new
90
90
Wilm’ton, N.C., 6s, gold coup 60
*7
Chesapeake & G.2d ra., gold 7s
do
35
Chicago Clinton & Dub. 8s
20
88,gold) on. 80
107
RAILROADS.
Chic. « Can. South Istm. g. 7s. 17
23
& Chatt. 1st m. 8s, end....
Ch. D. & V., I. div., lstm. g.7s.
4
J% Ala.
Ala.& Tenn. Rlv. 1st mort 7s..
108% Chic. Danv. & Vincen’s 7s, gld 45
of)
95
Col. & Hock V. 1st 7s, 30 years. 100
Atlantic & Gulf, consol
65
103
do
30
1st 7s, 11) years.
do
«9%
100
end. Savan’h.
99
i
do
2d 7s, 20 years..
do
stock
90
do
100% Connecticut Valley 7s
69
do
jMich. Cent., consol. 7s, 1902....
05
guar...
lstm. 88, .882, s.f. 111%
do
Connecticut Western 1st7s.... 25
Carolina Central 1st 111. 6s, g...
30
30
do
Chic
&
Mich. L. Sh. 1st bs, ’89. *+55
Central Georgia consol, m. 7s. 10O
05
equipment bonds.
Dan. Urb. Bl. & P. 1st m. 7s, g. 34% 38
New Jersey Southern lstm. 7s
do
45
stock
do
Des Moines & Ft. Dodge 1st 7s.
do
consol. 7s!
Charlotte Col. & A. 1st M.7s.. 74
N. Y. Central 6s, 1SS3
do
do
1103% 103% Det. Hillsdale & In. RR. 8s
stock
do
Cheraw & Darlington 6s
Detroit* Bay City 8s, end... *+ 60
*98
70
6s, 1887
|100
do
East
Tenn.
85
Det. Lans. & Lake M. 1st m. ds 30
&
6s, real estate... lul%
35
Georgia 6s
do
do
East Tenn. & Va. 6s end. Tenn f0
6s, subscription, 101*
2d m. bs.
do & Hudson, 1st m., coup 119
Dutchess & Columbia 7s
8
*12 ,E. Tenn. Va. & Ga. 1st in. 7s... 92
do
Denver Pacific 7s, gold
do
'do
do
60
stock
lstm., reg.. 1*9% L20
55
Hudson R. 78, 2d m., s.f., 1685 llo
Denver & Kio Grande 7s, gold. 38
i*C*5
42
Georgia RR. 7s
119
Evansville
&
do
stock
78
Harlem, 1st mort. 7s, coup...
Crawfordsv.,
7s..1100
103%
i lb*
do
do
7s. reg
Erie & Pittsburgh let 7s
Greenville & Col. 7s, 1st mort.
1100
North Missouri, 1st mort
do
do
43
102>4 If 3
7s. guar
con. m., 7s..1....
*85
do
Ohio & Miss., consol, sink. fd.
Macon & Augusta bonds.......
9!% 91%
80
7s, equip...;....
91
do
Hen.
Evansville
do
*i*u*
90%
&
consolidated....
40
Nashv. fs.
end-orsed....
40
2d do
48
do
do
80
stock
Evansville, T. H. & Chic. 7s. g.1 *75
do
1st Spring, dlv..
Flint&Pere M. 8s, Land grant. *79
83
Memphis & Charleston 1st 7s.. *87*
Pacific Railroads—
Fort W., Jackson & Sag. 8s, ’89 *50
I
do
2d 78... 02
Grand R.& Ind. 1st 7s, l.g., gu. 1
Central Pacific gold bonds., 109%
4
99* I
do
stock..!
do San Joaquin branch 00% 80
do
83
istls, 1. g., notgu.1 79
Memphis & Little Rock 1st m.l 27
do Cal. & Oregon 1st
92
do
let ex 1. g. .s.l 40
50
;Mississippi Central 1st m 7s... 00
do State Aid bonds.
Grand River Valley 8s, 1st m.. +50
do
73
60
2d m. 5s
do Land Grant bonds..
Hous. & Texas C. IstTs. gold..,1 88
90
Montgomery & West P. 1st 8s. 97
Western Pacific bonds.
do
Mont.
consol, bds.. 69
& Eufaula 1st 8s, g., end
14
lt'3% 103%
71
Mobile & Ohio sterling 8s.
Union Pacific, 1st mort. b’ds 10;% 107%; Indianap. & VIncen. Ist7e, gr.,
37
75
80
Land grants, 7s. 102% 103
Iowa Falls & Sioux C. 1st 7s... +84
do
do
do ex cert. 6s 37
88
do
do
70
26
8s, interest
Sinking tund... 90% 97% j Indianapolis* St. Louis 7s.... 05
do
Pacific R. of Mo., 1st mort... 100
2d mort. 8s
70
5
100%. Houston & Gt. North. 1st 78, g. 03
2d mort
do
International
N.
&
Orleans
7u
Jacks.
1st
100
m. 8s.
(.Texas) Istg...
89%
05
do
Int. H. & G. N. conv. 8s
do
31
34
2d m. 8s. 82
income, 7s.
Jackson Lans. & Sag. 8s,lst m t..
do
*71
IstCarou’tB
82
92% Nashville & Chattanooga 7s.
Kansas Pac. i8,g..ext.M*N,’99 41
Norfolk & Petersburg 1st m.8s S3
Penn. RR—
43
do
do
Pius. Ft. W. & Chic., lstm..
do 7s 82
7s, g., I’d gr.,.J*J,’80 57
do
do
do 7g, g.,
do
2d m.. 114% 115%
2d m. 8s
2*0*
8
do M*S.’86
*02
do 6s, gold, J.&l)., 1896
do
do
3d in.
60
102%
58
Northeastern, S. C., 1st in. 8s.. ioo*
do 6s, do F.&A., 1895.
do
2d m. 8s..
Cleve. & P-ltts., consol., s.f.. 110% 112
80
78
uo
4th mort....
do 7s, Leaven, br., ’96..
35
Orange & Alexandria, lst3, 6s. 80
25
do
do
Col. Chic. & Ind. C., 1st mort
71
Incomes, No. li
2ds,6s..
1%
do
do
do
do
2d mort
No. 16
do
3dB,8s...
1%
Stock
do
do
Rome Watert’n & Og.,con. 1st
00
25
4
4ths,8s..
1%
Kalamazoo & South H. 8s, gr.+ *
Richm’d & Petersb’g 1st m. 7s. 103
St. L. & Iron Mountain, 1st in. 97
7.
do
do
Kal. Alleghan. & G. R. 8s, gr..
Rich. Fre’ksb’g & Poto. 6s
2dm..
98
83
93
Kansas City* Cameron iUe.*+
do
do mort. 7s
St. L. Alton & T. H.—
100
LO0
Kan. C. St. Jo. and C.B. 8sof '85
Alton & T. H., 1st mort
Rich. & Danv. 1st consol. 6s..
72
do
2d mort.,pref..
do
do
Southwest RR., G& ,conv 7s,'t6 HU
S-tof’98
89%
do
2d mort. Inc’me
Keokuk & Des Moines 1st 7s
S. Carolina RR. 1st m. 6s
70
90
76
70
do
Belleville & S. lll.R. 1st m. 8s
do
funded int. 8s
90
7e, 1902
92%
do
89
do
Tol. Peoria & Warsaw, E. D...
30
7e, non mort..
pref. stock... 20
do
do
do
stock
W. D..
88% L. Ont. Shore RR. 1st m. g. 7s.
Lake Sup. & Miss. 1st 7s, gold.
do
do Bur. Div.
Savannah & Char. 1st M. 7s...
25
*1*5*
20*
Leav. Law. * Gal. 1st m., 10s..
do
do 2d mort..
Charleston & Savan’h 6s, end 25
25
do
do consol.7s
West Alabama 2d m.ss, guar., 95
6
Logans. Craw. & S. W. 8s, gld. *4
1st m. 8s
do
105
95
Tol. & Wabash, lstm. extend.. 103
Michigan Air Line 8s
*+ 60
Montlcello
&
P.
do
ex coupon
Jervis
PAST DDE COUPONS.
90
,6,
gld.
90%
do
istin.&t.L. div. 72
75
80
Tennessee State coupons....
74% Montclair&G. L.lst. 7s
45
2d m. 78 (old Mont, ists)
do
2d mort
do
05
South Carolina consol
K%
do
Tex.
Mo.
K.&
1st
eqnip’t bonds.
7s, g., l904-’06 53
56
30
Virginia coupons
<lo
do
2d m. Income...
con. convert...
31
*38
10
do
consol, coup
82
Hannibal & Naples, 1st mort
Vf^mnhle City Coupons ...
*
Great Western, 1st m., 1888.. 103
Price nominal.
•
do
ex coupon....
91
+ And accrued Intare-t
Pi Ice nominal.
90
Gutncy & Warsaw 8s....
12
30
0
...
Miscellaneous List.
(Brokers' Quotations.)
CITIES.
Albany, N. Y., 6s
105
100%
Buffalo Water, long
+ no 114
Chicago 6a, long dates
+ 99% 100
do
7s, sewerage
:.+108 108
do
7s, water
t 108
108»
do
7s, river improvem’t + 108
108%
Cleveland 7s, long
+ m
112
Carthage* Bur. 8s
102
90%
47%
50
80
77%
37
53
91
95
100
57
57
80
90
O
**7*6
50
15*
35
102
43
77
105
88
90
04
ic*7
80
90
47
*95
90
65
6
35
95
TO
99
25
40
40
HO
10
104
88
84
92
75
.
80
00
78
57
35
...
..
.
-
Erie, 1st
!*• C* R*M lun., 1 st 7s, g
has*. * Ohio tfs, lBt m.
90
...
...
1pf f*nna. eilftr
&
97
..
*»8
.'
pref.
Cumberland Coal & Iron.
Maryland Coal....
98%
...
23
Cent.N. J.Land & Irn. Co.
American Coal
do
do
2d mort...
Lake Shore—
Mich. So. 7 p. c. 2d mort
Mich S. & N. Ind., S.F., 7 p.c.
Cleve. & Tol. sinking fund..
do
nowbond8....
Cleve. P’vllle & Ash., old bds
do
do
new bds.
Buffalo & Erie, new bonds...
Buffalo & State Line7s......
Kalamazoo & W. Pigeon, 1st
Det. Mon. & Tol.,lst 7s, 1906.
Lake Shore Dlv. bonds
do
Cons. coup.. 1st.
do
Cons, reg., 1st.,
Cons,
do
coup.,2d..
do
Cons, reg., 2d
Marietta & Cin. 1st mort
82%
101%
101%
102
...
.
27%
do
do
2d dlv.
Cedar F. & Minn., 1st mort..
75
N. Haven Mtddlet’n & W. 7s...
N. J. Midland 1st 7s, gold
do
2d 7s
•
New Jersey * N. Y. 7s, gold...
N. Y. & O8W. Mid. 1st
-.
do
2d 7s, conv.
North. Pac. let m. gld. 7 3-l0<..
Omaha * Southwestern RR. 8s
Oswego & Rome 7s, guar
Peoria Pekin * J. 1st mort....
Peoria & Rock 1. 7s, gold
(Port Huron & L. M. 7s, g. end.
Pullman Palace Car Co. stock.
do
bds., 8s,-ith series
Rockf. R. I. & St. L. 1st 78, gld
Kondout & Oswego 7s, gold...
Sioux City & Pacific 6s.
Southern Minn. 1st mort. 8s...
do
7s, 1st
St. Jo. & C. Bl. 1st mort. 10s...
do
do
8 p. c.
Sandusky Mans. & Newark 7s.
St. Louis Vandalia* T. H. 1st.
do
2d, guar
St. L. & So’eastern 1st 7s, gold.
St. L. & I. Mt. (Ark. Br.) ts, g.
South. Cent, of N. Y. 7s, guar.
Union & Logansport 7s.
Union Pacinc, So. branch, 6s,g
Walkill Valley 1st 7s, gold..
West Wisconsin 7s, gold....
Wisconsin Cent., 1st, 7s
Mereant. Trust real est.mort.7s
.
49%
6
10
5%
do
do
endorsed
do
2d mort., 7s, 1879.
104%
do
3d
do
7s, 1833
105 105%
105
do
4th do
7s, 1830
do
5th do
78, 1883
102%
do
7s, cons., mort., gold bds
108
do Long Dock bonds ..
Buff. N. Y. & E, 1st. m., 1877... 101
do
do
large bds.
do
new bds, 1916 '*02%
do
172
Han. & St. Jo., land grants
do
8s, conv. mort. 82% 83
Illinois Central—
Indianap. Bl. & W., 1st mort...
115
114%
April & Oct
Funding act, 1866
Land C., 1Ss9, J. & J
Land C., 1889, A. & O....
80%
112%
Dubuque & Sioux City,1st m.
3
2
Ohio 6s, 1381
do 6s, 1886
Rhode Island 6s
South Carolina—
6s..-.
Jan. & July
do
12%
&
Class
Class 3
.80
HI
90
.
im
11/2
10*4
1014
Special tax, Class 1
1st con. guar.
05%
„
do coup, off, J. & J..
48
do
do
off, A. & O. f....
New bonds, J. & J
A. & O
do
7s, of 1871...
Oulncy & Toledo, 1st m.. ’90..
Illinois & So. Iowa, 1st mort
do
ex coupon
Lafayette Bl’n & Mis«., 1st m
Han. & Cent. Missouri, lstm
Pekin Linc’ln & Dec’t’r.lst m
Western Union Tel., 19(X),coup
do
do
reg....
Boston & N. Y. Air Line, 1st m
Cin. Lafayette & Chic., 1st m..
Del. & Hudson Canal, lstm.,’91
do
do
1884
do
uo
1877
do
do coup. 7s, 1894
do
do
reg. 7,1894
Long Island IIR., 1st mort.
South Pacific Railroad, 1st m.
St. L. & San F., 2d in., class A.
do
do
class B.
do
do
class C.
South Side, L
, 1st m. bonds,
do
sink. fund...
bt.
Bid. Ask.
SECURITIES.
Great Western. 2d mort., ’93.
Long Island City
Newark City 7s long.
.
per cent value, whatever the par may
SECURITIES.
+! 109
105% Poughkeepsie Water
Rochester C. Water bds., 1903+jllO
-
J. & J....
..A.& O...,
Funding act, 866
1868
<Io
—
construction,
Erie, 1st mort., extended
20
20
A. & O
do
N.C.RR
do
2d mort
bonds, 1900....
Prices represent the
page.
Ask.
1!8
Chicago * Alton 1st mort
do
income
105*2
Joliet & Chicago, 1st mort... 111
Louisiana & Mo., 1st m., guar 83* 92
St.Louis Jack.* Chic., 1st m. 105%
Chic. Bur. & G. 8 p. c., 1st m... no
118
do
do consol, m. 7s no
112
do
5s 6ink’g f’d. A.&O.
20
8s
of
1893
do
111
20
Chicago, Iik. Islanu & Pacific.
do
S. F. Inc. 68, ’95 103%
Arkansas 6s. funded
Central of N. J., 1st m., new... 100
do 7b, L. R. & Ft. S. Isa
109%
to
do
do
do 7s, Memphis & L.R.
1st consol
59%
54
do
50
do
do 7s, L. R.P. B.&N.O
con.conv
20
do 7s, Miss. O. & R. R.
Lehigh & Wilkes B.con.guar 24*$
Am. Dock & Improve, bonds 37
do 7b, Ark. Cent. KE...
Ch. Mil. & St. P. st m. 8s, P.D i!7%; :i8
Connecticut 6s.
111
98
do
do
2d m. 7 3-10, do
!00
10114
Georgia 6s
do
do
do
7s, new bonds.... 107% 108*4
7s, gold, b. D.. 95% 95%
do
do
1st
7s
do
£
do
7s, endorsed.
104
do
do
1st hi., La C. I), ioa
do
7s, gold bonds... 107% 10814
103%
do
do
Illinois 6a, coupon, 1879... 103
lstm., I.& M.D. 89*4 90
do
do
1st m., I. & I)..
do
War loan..
103
ti
do
do
1st m., H. & I).
10.;
Kentucky 6s
do
do
1st m., C. & M..
45
Louisiana 6b
do
do
1st m., consol..
do
40
Gs, new
80*4 "87
91
91
do
do
2d m.
do
do
6b, floating debt
ill
Chic. & N. Western sink. fund.
do
7s, Penitentiary 40
do
do
Int.
40
bonds.
do
103%
6s, levee
do
do
consol, bds 105*4
do
40
8s, do
do
do
ext’11 bds.. 100%
do
40
ss, do 1875 ....
do
do
1st mort...
do
8s, of 1910
do
do
do
7s, consolidated
8414
cp.gid.bds. 80% 80%
do
do
do
is, small
reg. do
Iowa
05*
Midland,
1st
mort. 8s...
6s,
1878-79
Michigan
Galena & Chicago Extended. 109
do
6b, 1883
Peninsula 1st mort.,conv... 103
112
do
7s,.l8d0
Chic. & Milwaukee, 1st mort 108%
Missouri 6s, due 1877..
80
Winona & St. Peters, 1st in
do
1878
do
I03*i
do
2d mort. —
Funding, due 1894-5. . . 100
...
539
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
U. S. Honda and active Railroad Stocks
SECURITIES.
CHRONICLE
.
06
74
05
92
47
33
30
30
07
07
50
80
84*
40
[June 9, 1877,
CHRONICLE.
THE
540
SECURITIES.
NEW YORK LOCAL
Stock List.
65 Wall street.)
Insurance
Bank Stock List.
(Quotations by E. S. Bailey, broker,
®
Capital.
Companies.
2*
25
Broadway
Bull’s Head*
Batchers & Drcv..
Central
City
...
Commerce
Commercial*
218,000
46,300
,22 3,(A0
29.700
137.900
10
100
2,000,000
25
450,000
100
300,000
25
100
100
UK)
lOO
600,000
1,000,001'
10,000,01X1
1,230,000
1,000 000
1,000,000
350,000
200,000
150,000
600.000'
500,000
1*000,ixx
u200,00t
40
300.000
100 1 (XX*,(XX
100
ioo,cco
Import. & Traders’ 100 1 500,001
50
'500.000
Irving
lOO.lnO
Island City*.^... . 50
600,000*
Leather Manuf.... 100
50 2 050 .Out'
Manhattan*
■l‘*0,000
Manuf. & Merch*.. 6)
10.)
400,000
Marine
10C 1,000,000
Market
25 2.000,000
Mechanics
500,000
Mech. Bkg Asso... 50
600,000
Mechanics & Trad. 25
too 1,000,(XX*
Mercantile
50 3,030, OCl*
Merchants
Grocers*
Hanover
Harlem*
Merchants’ Ex....
50
Metropolis*..;....
Metropolitan
Murray Hill*
100
100
100
100
100
100
100
100
!00
50
25
Nassau*
New York
New York County
N. Y. Nat. Exch..
Ninth
North America*..
North River*....-.
Oriental*
Pacific*..
Park
50
Peoples*...
100
25
Phenix
Produce*
100
20
Republic
St. Nicholas
Seventh Ward...
Second
Shoe and Leather.
8ixtii
State oi N.Y..
Tenth
Third
..
Tradesmen’s.
Uuion
West Side*....
100
100
100
•
.
-
.
.
.
.
•
•
American
American Exch’e..
Amity..
....
•
Arctic
Atlantic
•
....
....
....
...
3
„
„
Bowery
.
4K July 10,’76..2
«K Jan. 2, ’77...3
6
Juiy 1, *76 ...3
10
7K
.
Broadway
Brooklyn
Citizens’.
City
Clinton
Columbia
48
140
.
92k
.
Apr.2.*77.2K
.
....
.
....
....
....
Apr.l, 77...3 .’66”
7K Jan. 2, ’77.3K 99 % lOO' ’
10
May 1, ’77...5 145
l’io'
7K Apr.lW,'77.3K no
63
Feb.l, ’74...8 55
6
May 11, *77..6
7
May 2. ’77...6
3
May 1, ’77..4
12
10
9
10
93,400 M.&N.
6
300.00C
1,000,00c
271.200] J. & J.
....
Gebhard
....
....
Gerinau-American
....
....
*
-
7
•
....
.
.
•
•
July 1/75..3k
88
Jan. 3, ’76.. .5
710
Jan. 2, ’77...4
Jan. 2.’77...5 136
70
May 1, ’77.2K
May 1, *77 ..4
May 1, -ll..3 92” no
.
..
5
•
8
10
3
9
3
•
•
•
.
*
...
L,’75. .4
Oct.
Long Island(Bkly.J
Lori 1 lard
Manuf & Builders .
94”
Nassau
National
May 1. *77...3
97
Feb. 3,17.3 k j
Feb. 17. ..4
Jan. 2,’77...3
Jan. 2. '77.. .5!
Jan. 2, *77.. .5i
Jan. 1, '77.. .4
Peter Cooper.
..
People’s
Jau.2’7i.2.K’gl
Relief
May 1, '77... 1 1S6
Resolute
25
20
Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn)
certificates
do
Metropolitan..
certificates
touts.
Mutual, N. Y
var
scrip
lot)
New York
10
10C0
People’s (Brooklyn)
bond®
do
do
do
do
certificates...
Central of New York
Williamsburg
do
var
50
50
var
scrip
Metropolitan. Brooklyn
*-
HO
Broadway A Seventh
Ave—stk..
1st mortgage
Brooklyn City—stock....
1st mortgage
—
Broadway (Brooklyn)—stock...
Brooklyn A Hunter's PL—stock.
1st mortgage bonds
Bushwick Av. (B'klyn)-stock..
central Pk, N. A E. River—st k.
Consolidated mortgage bon'is
Dry Dock, E. B. ABattery—stk.
cons’d
1st mortgage,
1st mortgage ...
i2dSt. A Grand St Berry—stock
1st mortgage...
Central Cross 1 own- stock. ...
1st mortgage
Houston, West st.APav.F'y—etk
1st mortgage
Second A ven ue.—stock
1st mortgage
3d mortgage
Cons. Convertible
Extension
1,200,000
5(0 &c
1000
100
1000
100
1000
100
500
100
1000
1000
Third Avenue—stock
1000
..
100
1,200,000
900.(XX)
1,000,000
203,(XX)
.
•J & D
J. & J.
J. & J.
A.&O.
200,000
250,600
M.&N.
2'0,(XX)
J.&D.
501,000 J. & J
1,199,500 Q.-F.
.
150,000
77o,»)00
200,000
750,000
415,000
2,000,000
2 000,000
600,000
5
1895
Feb., 17
Jure, ’93
Jan, 17
Jan., ’84
May. 17
7
April. ’;3
7
A.&O.
M.&N.
A.& «*.
\1 &N.
I. & J.
Q-F.
J. & J.
J & J.
M .&N.
7
6
7
7
7
2
7
7
7
7
7
5
7
4
1901
•Tnl v.1894
April, 17
18 77
1885
1368
Oct., ’S3
Mav. M
1390
May,
’77
7
U;90
Feb
17
,
.
*.
152,03465,715
191,002
125.41!
229,518
128,169
341.235
2'0.544
,
none
150 .(XX)
270.330
122,215
e«9 3(6"
13/91
83,587
t 70.11 ■«
219.433
150.55'1 ! 5
51,560 :10
16J,25'* I 6
151/36 I 5
77.457 10
156,263 13
192,769 10
251,537 1 1
250,000
300.000
250,000
80
90
95
125
..1852-60.
Aqued’ctstock. 1865.
do
pipes and mains...
io
reservoir bonds
Central Paik bonds.. 1853-57.
do
do
Croton
rft1
103
150
a 01)
90
100
•
11
11
30
20
10
20
20
25
16
20
•20
160
75
Consolidated bonds
Street imp. stock'
c;o
do
do
do
New Consolidated
Westchester County
50
*\
*
95
iu*
Jan.,’17.. 5
Jan., ’71. .5
Jau., ’17.10
Jan., ’77..5
Jan ’77. .6
Jan., ’77.10
Jan., *77.20
Jan., ’77.10
Jan.,’77..5
-Jan., ’77.10
Jan.,’77.10
Jan., '77.10
Jan.,’77..X
Ian., '77.10
130
130
,
.
T
192K
......
95
170
15 J
90
160
140
.......
135
200
165
•••••
*90 '
ics
Jan., ’77. .f
Ar l., ’77. .6
125
250
2U0
......
^,
*
,
,
10
1*3
25
July, 76 .5
.
Jan., 17..*
Feb., 77.1;
i2k 15^ .Jan,, 17. .8
10
Feb.. '77.
10
J an77,fi'12 w
116 t
11
20
.■
12K 15
Jan.,17..11
10
20
20
16
Feb
10
20
10
20
.25
116
10
20
'
(
•
1
« •
.
130
125
85
120
125
,17..
1 Jan.,
t
96
140
140
Jan., '77.lt 210
Jan..’77.1C 130
190
Jan., ’77.1(
Jan., '77.10
Jan., '77. l( !55
8k Jan.,’7.7 3K
Jan ’77. 5
10
85
Jan
to
’77..5
u
.
_
102
Feb..’77.10
17.
17.T
1 Jan., 17. .5
(Jan., 17..f
1J in.. 17.1(
1 Jan.,
140
165
87
95
92
65
110
190
10c
130
100
160
150
175
155
185
200
40 Wall Street.]
Payable.
May & November.'
Feb., May Aug.& Nov.
do
do
do
do
1869.
var.
var.
var.
Feb.,May, Aug.& Nov.
May & November.
6
do
do
do
do
7
do
7
6 g.
do
do
do
do
do
January & July.
S g.
do
7
00
......
[Quotations uy
do
...
P irk bonds
Water loan bonds
..
.....
*
A l•
•
Brooklyn bonds
[
4 .
Jersey City—
165
Water loan,
do
of bonds.
•
•
...
7
.
ao
do
e
G
6
long
Prt
n
Bereen bonds
d«
January * Ju'y.
do
do
Bid.
Askd
100
100*
100
ICO
103
113
112
106
102
ICO
IC0K
100
118
106
107
119
101k
117
102
11S
105
117
112
105
108
1877-30
1877-79
1890
1883-90
1384-1911
1334-1900
1907-11
1877-98
1377-95
1901
1905 '
1873
1394-97
1889
1879-90
1901
1388
.
1379-32
1396
1894
101
105
110
102 K
104 k
103
106
100K
105
106
118
107
107
110
107
v»Hi(st.i
102
1(8
112
119
l’.S
1377-80
1881-95
1915-24
1903
1C8
109%
112
120 K
121
120
111
1631-95
107
1C9K
1680-33
11U
103
112
'09
1!«
109
112%
191:5
1902-1906
1880
1924
1307-1910
ill
fiat.
1869-71
Sewerage bonds
1866-69.
Assessment bonds...1870-71.
Improvement bonds
do
do
do
do
do
do
May & November.
Quotations by C. Zarri^kik 47
200
.
6
6
Park bonds
Hrldg
do
do
do
do
>7
0
do
do
......
9S
115
.
Kings Co. bonds
80
January & July,
7
7
7
Bridge bonds....
Water loan
City oonas...
......
.<r., wik-er. is
N. 1'.
Brooklyn-Local lmpr’em’i—
City bonds
.
-
104
!50
1(0
95
165
90
ISO
l:3C
180
lfcO
10
12
30
20
20
•20
20
140
295
10
96
160
130
97
110
yo
120
112
ICO
160
180
107
160
ii5
Jan., *77.If
do
do
do
do
do
do
do
do
6
6
7
6
1375.
stock.... 1860.
190
•
200
85
150
125
90
Jan.. ’77.li
Jan.. ’77..5
May & November.
1870.
do
Floating debt
Market stock
aO
35
85
73
100
155
100
115
l(2k
5U '
9J
12
75
72 K
k'U
9 >
92 K
Jan. ,’77. .8
Men.,17. .5
,
Feb., May Aug.& Nov.
7
6
5
6
..1853-65.
ao
1865-68.
Improvement stock.... 1869
.
Jan.,’77..6
no
16
10
14
(10
'12
Months
6
5
6
6
1854-57.
Dock bonds
.
Jan..'77..10
12
110
10
201.451 10
406.550 10
5
1841-63.
Croton water stock.. 1845-51.
102
70
-t#
70
110
175
130
275
10
10
20
10
20
lU
10
20
!0
I to
.110
10
•20
10
u
15
10
135
115
75
118
.•••*»
Aug.,'76..5
Jan., ’77..5
Jan., ’77.15
Jan.,’77.. .6
115
1
t
.
128
110
65
112
12
•20
20
nil
9L9SI
150,000
Jan.,’77.7k
Jan. ,'77. .6
Jan., '77. .5
JaQ., ’77..6
Jan.,’77..5
Jan.,’77..5
10
12
.3(1
20
225
125
100
U7
•Jan.. '77 .3
Feb., ’77.10 \
10
10
10
10
11
.30
10
10
20
20
20
12
20
20
io
3,270
200.000
200,000
Jan.,*17 .7
10
20
10
10
16
10
12
20
20
20
18
10
132.114
200,000
138
•
5(0,391
200,000
300,01*0
200.WXJ
200,000
200,000
200,000
21*0,000
200,000
10
10
12
12
13
10
20
20
20
10
10
,11.6-20
•
,
10
65
80
Apr., '17.10
io” io” Hi" Ja””l7”.5
•22.630
200,(00
25
1)
50
Xe>n York:
Water stock
do
104
2K Jan., ’77
315.907
Rate.
72 K
10c
May. ’93
1100
250.000
1st.
'■^6 column shows last dividend on stocks, but the datj of maturity
.
96
*
293,653
150,000
rU
65
*
•)
Q-F.
748,000 M.&N.
236,000
560,000
«
185.46)
Jan
Jan., ’77.10
Jan., ’77..5
•Jan., ’77..5
Jan./77..10
Jan., ’77. 5
Tan., ’77. .5
.
r.. « f
.
Jau., '77..5
Tan., ’77..5
Bondsdue.
100
13»
40
'90”
tt.
110.327
w
T
150
115
60
July, ’76..5
'
95
220
210
190
160
200
175
Jan.,’77.. 10
Feb., ‘77.10
Jan.. ’77. !0
Interest.
do
Apl 17
Oct, 16
1888
fl57,OlS
103 >5
95
120
19
(
3
3
3.175
Jail..’*7..10
•
City Securities.
'l Quotations by Da niel A. Moran, Broker.
1'iSK
SlH
'77
132,772
Iune/77.10
Feb.,’77..5
Feb.. ’77.10
tContinental, 11*45; Standard, 11 55.
90
3k May,
10
!0
10
15
10
10
10
20
10
10
17
20
20
10
20
20
Jan.. ’77..5
10
10
so
20
40
10
•20
10
75
70
108
GO
10#
200
Over all liabilities, including re-insurance, capital and tcrip. fill-. suiplus
represented by scrip is deducted, and (lie figures stand a3 actual net surplus,
134
IS1
1384
7
159.503
Jan., ’77. .4
dan., ‘/i..5
*
■•260’*
95
17
,
.
.
20
20
1,000,000
10!
lOf
2*
10(
2:
5( )
10t
10( )
2j
'15
V.
102
19(0
3KI Jan
100
1000
.
j
7
.
Westchester...
J
J. & J.
J. & J.
J.&I).
1U0
iOU
100
1000
100
1st mortgage
900,1X0
694.00U
2,100,000
.
Tradesmen’s....
Broadway.]
r,500,000
Q-F.
2,000,000 M.&N.
300,000
Q-J.
200,000 A.
& O.
40*),000 J &
J
300,000
EOO.eOO J. & J-.
1,SCO,000 J. & D.
10
1000
100
100
1000
1000
Sixth Avenue- stock
1st mortgage
T"'tJ*Ut/-lhira Street—hIock...
luU
1000
100
1000
500 &c
,
no
7iX),0C0 M.&N. 3K!Muy 1.’77
4,000,000 M.&N. 5 [May I,'77.
1,000,000 J. & J. 3k Jan., 76
325,000 F.&A
300,000 ’J. & J. ....'jam, ’77.
466,000 | F.& A. 3*, Feb. 1 ,’77.
2K Apr., ’77
1,000,000 1 Quar.
1 000,000 |J.&J. 3k .Jan., ’77.
1,000,(00 Im. &n. 2K May20/77
100
Eighth Avenue—stock
95
9a
160
Jan.,
Mch., ’ 77. 195
130
Feb.,
xi02
3K Feb..
102
3W
9.1
2K Apr.,
75
3 Jan., ’77
[Quotations byH. L. Grant, Broker, 145
Bleecker St.db EuttonEerry—stk.
1st mortgage
165
S5
5
5
5
.Var.’
Nassau, Brooklyn
Jan..
155
80
3K Aptil,
4
Feb.,
if. & A.
J.& J.
J.& J.
M.& S.
var
1.000,000 M. & S.(
100 J’
500,000 J.& J. 1
IU0> 5 000,000 Quar. 1
25 1,000.000
Manhattan
do
4
.
Sterling
United States
•Feb.,
1C0);
50 i 1,850,000
20;
386,(XX)
50 4,000,000
1001 2,500,000
,
Jersey City & Hoboken
do
Var.
Var.
320.000 A.&O.
Harlem
do
2,000,000
1.200,000
.
Stuyvfcsant
Bid; Aska
Date.
*
Par; AmountJ Period
.
Star
204,886
65,593
139.035
..
St.Nicholas
Standard
Railroad Stocks and Bonds,
by George H. Prentiss, Broker, 30 Broad Street, j
f 117.568
200,(XX)
.
and City
61,099
106
.
Jaa. 2,’77..4
109,415
350,000
.! IOC
Republic
Jan. 2,'77...51
41,293
138,566
500.000
._•! 50
Ju.yi.16*. 4!
1,002.784
4 ’(•.(*) 6
5
„
r
509,394
105.6^6
7
.
100
,
12
10
10
10
18
55
10
20
!0
10
10
10
10
15
7
10
57,663
112,2X7
•200,000
.
.
67
651,837
691,800
i 35.012
317,639
11,184
210,(XX)
200,(XX)
2)0,000
200.000
20
50
50
K’l
10
12
100
150
iio
Jan.. ’77..7
Jan
’77. .5
30
14
10
20
15
15
10
12k
19 *
80_
70
pi., ’77. .6
A
+
30
14
10
15
10
10
4
10
10
UK 15
50
•29
35
100
100
100
50
25
05
.
Gas Companies.
Askd
Bid.
Jan., ’77 .5
•f
9-81
5”
none
200.000
.
Phenix (B’klyn)
Mayl0.17 3K j
1.846
37K
.
20
30
20
20
20
10
10
20
.
.
50
50
50
50
50
North River
Pacific
Park
5
l6"
200,000
150,000
200,(XX)
200,000
200,000
200,000
N. Y. Equitable...,
New York Fire ..
N Y. & Boston ..
New York City...
Niagara
105
6,078
200.000
250,000
100
25
(B’klyn)..
Safeguard
[Gas Quotations
25
50
25
100
Montauk (B’klyn),
•Jam, 2,'71...3
Jan. 2,'77...5,
Jan. 2,’77..,3(US
1
100
Mercantile
Merchants’
July.lV74.3Ki
J.
(B'klyn)
Mech.&Trad’rs’—
Mechanics’(Bklyn)
10
10
15,400 ,J. & J.
’,7.3.400 J. & ,J.
441.-0) J. & J.
738,f00 M.&N.
77,700 J. & J.
......
5li',lf5
111,04)5
200,000
1,000,000
500,000
200,000
200,000
200,000
200,000
150,000
500,000
200,000
3,C00,000
150,000
500,000
200,000
200,000
200,010
150,000
280,000
150,000
200,(XX*
150,000
200,000
300,000
15
50
50
100
25
50
50
100
30
20
40
50
tk
10
10
10
20
20
5
20* 20
30
20
’•OK 17
14K •20
17
10
10
'5" 10
13
5
8K 10
30
20
10
10
10
10
10
10
10
13
5
10
10
5
160.326
2UC.CC0
50
50
25
100
Manhattan
12
18S.300!
155,156
103,464
16,653
96,000
Lenox
.
s
6
12
11
S
200,000
204,000
150,000
150,000
Lamar..
LcO
....
133,145
Knickerbocker
Lafayette (B’klyn)
....
....
6K May 10/77 ..8
10
•Jan. 1, ’77...4
4
Ian. 1,’77...4
3k Feb. I, 17..4
6
Jan 2,‘71.. 3
7
Jan. 2.'77 ..3
July 1, 14.3 K
i-i” Jan, 2, '77.. .6
...
130
93
.Jan. 2.’1“ ..4 12 J
8
Jan. 2/77.3 w
3K Jan. 3, ’76.3K
10
Jan.,’77... .5 '.29*
8
200,010
10
ICO
100
100
il"
229.2)1
13 9,009
192,160
i 72,154
12,207
13,376
250,000
10
14
16
10
10
25
15
in
8
10
(1
20
10
20
20
20
20
20
10
10
25
10
14
15
10
8
10
10
30
3K 10
306,910
30
50
17
10
Importers’* Trad..
....
28,806
300,000
210,000
100
Irving
Jefferson
Kings Co.
200,000
200,000
153,000
200,000
■200,000
—
Hope
Howard
.
4.1,956
100
100
Hoffman
Home
•
106,863
300,000
40
Hanover
'
170
Jan, 2, ’77.. .6
Feb. 10/77..4
200,000
300,000
200,000
200,000
1,000,000
300,000
•
Guaranty
Guardian
Hamilton
....
....
„
Greenwich
lio”
....
........
•
12
9
5,245
10,431
Globe
....
..
.
200,000
200.000
Germania
85
-Jan. 2. ’77...3
Jan. 2,’77.3k
Met. 1, ’75..4
Jan. 2, ’77...7 18 i”
Jan. 2, '77...4
7 7.11*5
Franklin
....
•
14
10
A.
49.300 J. & J.
71,200 J. & J.
•
8
3
400.000
200,000
Firemen's Trust...
«...
•
•
50
Firemen’s
Firemen’s Fund....
....
40.350
200,000
100
100
2^
50
25
100
25
17
20
70
100
100
50
100
Fire....
Commercial
Continental
Eagle
Empire City
Emporium
Exchange
Farragut
200.000
50,1(6
7269,323
30
Commerce
....
....
M’lst’rs
Brewers’ &
„
Jan. 6. *78...3
Feb. 1,-77.. .5 125
10
3
8
7
r
....
38 SCO J. &
•
•
....
i
10
Q-J.
132.0001F.&
.
...
n
8
61, 00 J. & J.
385,800 J. & J.
031,300 J. & J.
200,001!
.
....
12
10
f00,000!
1.000,001j
1,000,00'’ i
i,500,"0(:
•
•
0
426,800 j. & .j.
,117,500 F.& A
11,10C J. & J.
200.001'
8'X).00(!
•
Sept.! '75. .5
12.5''
•J&li, 2, *77... 1
Jan. 2, '77...4
J«n. 2, ’71.. .5
May 1, ’77 .15 1500
Jan. 2. 17.3k
May 1, ’77.. .5 21U’ 215
Jan. 3, ’77.. 3 HIM 113 K
.
3
10
I'JO
8
20
,
100
100
100
40
50
100
.
10
331 500 M.&N. 10
8
240,500 M.&N.
873,000 J. & J.
8
1,000.000 230/ a) J. & J. 8
14.000 J. & J.
7K
500,000
3,000,000* 919,00) J. & J. 10
8
6,70*
A.* O.
200,000
8
50,400 M.&N.
1,000,000
J. & J. 10
3.000,000
ye. 9oo J. & J 114
200,000
76 000
IK
8(H),000
4
1.500,000 112,300 J, & J.
8
J.&
J.
66,200
1.000,000
30,200 ,J. & J.
400,000
300,(XX) 163,200 J. & J. 12’
225.400 Q-F.
12
422.70f
2,000,000 440,500 .J. & J. 12
412,501 162,100;.J.& J. 10
1,000.000 174.100 J &J.
10,-: 00 j
250.000
i,r.oo,(XX I 266 OiK); F.&A.
100
100
100
.....
Jan. 2, ’77..8
61
J &J.
M. & S.
42
497.900 Q-J.
8
649.700 J. & J.
508,600 M.&N. 10
8
612,900 A.& ().
29.100 F. & A.
3J.70C
May.
8"
61/00 May.
LOO
M.&N.
17/00
2,!00 M.&N.
47,100 J. & J. 10
4
1.-4 200 J. & J.
4
10/00 M.&S.
,747.900 J. & J. 14
124.100 J. & J. 10
18,900
1.0O0,0tX|
300,001 j
....
........
25
100
Adriatic
./Etna.
185
May 1,’77.. 3 R6K 107
Jan. 2. *77.. 6
1
'
200,000
200,000
ICO,000
100
Germania*
25
-Greenwich*
Grand Central'.... 25
•
•
118,4a
150,000
i
•
73,400
100,000
500.00'.
3
12
J. & J.
c’.OJO J. & J.
184,700 f. & J.
6; 0.8'jC F.&A.
24,11 K J. & J.
76,tOJ J. & J.
15,502 J. & J.
100,000
Continental
Corn Exchange*.. 100
100
Dry Goods*
25
East River
Eleventh Ward*.. 25
100
Fifth
100
Fifth Avenue*
too
First
100
Fourth
80
Fulton
50
Gallatin
Ger. American*.. 100
Ger. Exchange*... 100
8
Paid.
1877.*
Bid. Ask,
Last Paid.
Jan. 2,‘77...4 ’.30-
9
7
12
10
21
10
).&«). 10
3
J.
J.
&
391,300
197,50' J. & J. 10
,089,400 Bi-m’ly 100
9
116,800 J. & J.
20
49 hi CO Q-F
8
,1)92.501 J.& J.
1,000,1*00
200,000
500,000
25
Chatham
Chemical
Citizens’
250 000
10 >,0(0
11376.
Price.
Capital.
Companies.
Period 1875.
cfl <a
8,000.001 ..749,000 J. & J.
5.000,000 1,5(6,7(H) M.&N.
100
100
100
ers’&.Malts’s*
Brw
Amount
I
Net sue
Dividends.
plus,
Jan. 1, 1873 187 i 1875 1876 Last
Par Amount.
Price.
Dividends.
1
..
1
.
eS
Marked thus (*)
not National.
are
America*
American Exch
Bowery
»
0®.
1868-69.
6
7
7
7
7
7
Montgomery St., Jersey
January & July.
January & J uiy.
do
do
Jan., May. Julv & ntov.
J. & J. and J & D.
January and dull'.
City.]
1395
ioik
1399-1902
1377-79
118
101
1891
1905
109
UO
105
■JOU"
102 K
111
102
110
111
106
June
9, 1877.]
THE CHRONICLE
2 nuestments
The lease of the Nashua Acton & Boston has been of as much
benefit as expected.
Interest on advances made has been
deducted from the rental.
AND
STATE* CITY AND CORPORATION FINANCES.
offiee, as only a sufficient number is printed to supply regular
subscribers.
REPORTS.
Northern Railroad (New
as
1877,
follows, viz.:
From passengers
From merchandise
From mails
From rents
From express...
$23,335
are
2,369
7,501’— 458,313
$302,888
32,261
19,734 - 354,887
Paid dividend of Dec.
1, 1876, $2 50
per
share
Tons of
Tons of
Contingent fund
60
..
Shop stock
Bonds due
Dividends
39,196—
711 shares Northern
road, N. H., cost
159,478
Rail¬
37.708
62,066
Contracts
Cash
H., RR
46.C68
2.0,024
Total
$1,500,000
109,632
132,936
Notes payable
Interest account...
44,832
,
May dividend
75,0 0
Dividends unclaimed
2,385
Total
$1,864,286
The company has $127,105 invested in the Suncook
road ; notes receivable and cash amount to $173,023.
The work done was as follows:
"
1876-’77.
Passengers carried
passenger mileage
....
Tonnage mileage......
529,355
12,067.832
612,756
19,111,714
Of the number of passengers, 235,659
preceding year were looal passengers.
follows:
--
18T5-’76.
560,8 ;o
12,987.174
625,364
20.008,402
and rents
I
disposition of tbe
;
Manchester & LawrenceTtR. joint earnings....
rolling stock
Balance carried to contingent account.,
21,718
1,800,747
3,419,703
$134,816 25
,
/.
,
$359,047
519.367
561.382
31,330
29,923
$871,528
576,766
$350.35S
675,059
$294,761
$275,298
$33,423
67,590
$331,145 67
$t6,150 8<»
38,786 00
50,037 48
20,634 39
$165,008 67
$165,537 00
20,873 60
$188,353 96
14,078 34
67,It5 93
Valley,
ending December 31, 1876.)
year
.
mile
8,094
10,000
150,000—294,107
$653 ‘
.
91,841
54 07
...
$*8,408 73
—
$25,695
9,810
11,996
911
10
86
09
50
$18,413 55
$19,995 18
...
-
$36,383 70
4,087 22
Interest on funded debt
Taxes—State and other
Other payments
125,959
56,523 68
2,909 81
operating expenses.
Net earnings
Payments from earnings
5,605
.
.1,456,502
$8,921 17
traffic
Earnin2S from passenger
:
155 08
from income
Junction City and Fort
(For the
year
Kearney.
ending December 31,1876.)
Number of passengers carried
Number of passengers carried one
4,487
127,903
33.7S9
1,071,883
$6,404 38
42,614 76
.
mile,...
.•
freight carried
freight carried one mile—\
Earnings from passenger traffic
Earnings from freight traffic
Earnings from mail, express, &c
Tons of
Tons of
Total gross
3,C33 76
$52,052 90
earnings
$5,108
9,243
8,822
1,180
Expenditures for maintenance of way
Expenditures for rolling stock, &c
Expenditures for transportation
Expenditures for general expenses
43
31
47
44
$24,354 65
27,698 25
Total operating expenses
Net earnings
Payments from earnings—
$8,803 08
Taxes—S ate and other
Other payments from income
189 54
(For the
Number of passengers
year
Valley.
ending December 31, 1876.)
carried
Number of passengers carried one
Tons ot freight carried
Tons of freight carried one mile
..
mile
..
..
.
Total gross
Expenditures for transportation...
Expenditures for general expenses
Total
operating expenses.
Net earnings.
43,701 71
6,9 i2 33
-
earnings
Expenditures for maintenance of way
2,633
112,763
16,045
955,315
$7,136 49
Earnings from passenger traffic
Earnings from freigot traffic
Earnings from ruajl, express, etc
Expenditures for rolling stock, &c
25,000
160,743 19
32,608 03
2,978 20
•
Number of pajsengers carried
Number of passengers carried one
Tons of freight carried
Tons of freight carried one mile
1875—’76.
$320,829
....$294,761
Rent of Concord & Portsmouth Railroad
Rent of Suncook Valley Railroad
P. c
5-6
71
20
4 5
net earniDgs was as follows:
Net earnings
Taxes on capital stock
On account of Naehua Acton & Boston
Dividends, 10 per cent
.'
93,896
Arkansas
Net earnings
The
Valley
last year and 254,454 the
The earnings were as
I876-’77.
Expenses
ending Dec. 31, 1876.)
expenses
(For the
$3,894,326
($27,778 per mile)
Contingent account
Total
year
earnings
operating
follows:
Passengers
Freight
Express, mail
9,8,943 19
Denver & Boulder
Total
$1,894,326
freight carried
$5,950 00
114,109 24
243,950 14
Tot. tl gross earnings
Expenditures for maintenance of way
Expenditures for rolling stock, &c
Expenditures for transportation
Expenditures hr general expenses
Stock
Tons
*
Earnings from freight traffic
9,150 I Earnings from mail, express, etc
198,000 )' Earnings from other source*
74,932 ;
(For the year ending March 31,1877.)
This company worked 114 miles during the year, of which 54
mileR are owned and CO leased.
The capital account liabilities
-
.$1,720,333 31
I,2i0,467 35
62,485 22
;
Interest on funded debt
Taxes—State and other
Other payments from income
J
Concord.
are as
for rolling stock, &c
for transportation
for general expenses
Payments from earnings—
100
254,245
Total
$3,060,800 66
426,326 17
691,112 95
468,265 22
134.628 97
Net earnings
Other earnings”
j
15,433
Agent’s department
Bills receivable
Concord & Claremont, N.
earnings
freight carried
Total
$3,068,401
37,012
506,730
April 1, 1874....
unpaid..$7,131
Coupons unpaid.... 2,019—
Bills payable
Dividends, June 1,1877
68.072
245,279 35
2),853 36
•***
for maintenance of way
Total gross
Cr.
784
sources
Expenditures for maintenance of way
Expenditures for rolling stock, etc
Expenditures for transportation
Expenditures for general expenses
31, 1877
Stock
Income
$12,365
Oil
Waste
Fuel
other
Earnings from freight traffic
Earuings from mail, express, etc
Earnings from other sources
improvement of the business of the road now extending from
Concord to Hillsborough, in which the Northern Railroad lias a
large interest. And in that view the directors have deemed it for
the interests of this company to aid the success of that enter¬
prise, so far as its means would allow, without incurring any
liability in the matter.
$3,068,400
$766,449 53
1,968,218 42
freight carried one mile
Earnings from passenger traffic....
year, yet there has been a greater reduction of expenses, so that
there is an increase of the net income of the year from that of
last year.
The Peterborough & Hillsborough Railroad has commenced
the construction of its road from Hillsborough to
Peterborough.
The completion of that road is important for the protection and
Construction
Rail6
Expenditures
Expenditures
Expenditures
Expenditures
71,540.034
traffic.....
freight traffic
mail, express, &c
passenger
(For the
On comparison of the above statement with that Of last
year, it
will be seen that while there has been a very considerable de¬
crease in the gross earnings of this year from those of the
previous
BALANCE SHEET MARCH
from
from
from
from
124,740
18,232,525
289,992
Number of passengers carried
Number of passengers carried one mile
$37,012
jDr.
ending December 31, 1876.)
Denver Pacilic.
$74,952
74,932— 149,865
Balance of income account
year
Taxes—State and other
Other payments from income
Balance to credit at close of year
$186,897
Dividend payable June 1, 1877, $2 50 per share
(For the
Number of passengers carried
Number of passengers carried one mile
Tons of freight cirried
Tons of freight carried one mile....
Fay men tsfrotn ea rnings—
Interest*on funded debt...*
$103,415
33,0H0
S7,u55—$163,561
Balance of interest account
Balance on settlements of old accounts
Kansas Pacific.
Total operating expenses
Net earnings
Other earnings
267,50;
18,217
State taxes
New rails
increase of traffic.
Total gross
#162,700
Expenses
an
Earnings
Earnings
Earnings
Earnings
Hampshire).
(For the year ending March 31, 1877.)
The balance of income per last report was
The earnings for the year ending March 31,
Owing to diminished freight rates and the increased charges
by the lower roads, a considerable decrease of earnings is
expected, and lower dividends will be necessary, unless there is
made
The “ Investors’ Supplement” is published on 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
ANNUAL
541
-•
,$57,770 53
*7,4.0 45
.
**>13* *5
...
16,523 97
2,IUU83
.$48,129 65$9*640 8&
542
Payments frotn earnings—
Interest on funded debt
Taxes—State and other
Other payments from income
GENERAL
$78,919 06
7,2t0 68
32164
INVESTMENT
[June 9, 1877.
CHRONICLE.
THE
NEWS.
The property of the Ontario Silver Mining Company is situated
in Uintah Mining District, Summit County, Utah, about thirty
miles from Salt Lake City, and consists of 1,500 feet on the
Ontario Lode, covered by a U. S. patent, and 1,500 feet on tlje
Switzerland Lode, an extension of the Ontario. The Company
owns a 40 stamp mill, with roasting furnace, completed February
The mill has a capacity of eighty
day, and is pronounced by competent judges to be the
1, 1877, at a cost of $230,000.
Baltimore
Pittsburg & Chicago.—Notice is given that the
of the “ Baltimore Pittsburg & Chicago Railway Company,
Illinois Division ” has been changed to that of the “ Baltimore &
Ohio & Chicago Railroad Company,” and which is its present
name
pursuant to an act of the General Assembly of the State of
Illinois, approved and in force March 26,1872.
name,
Canada Southern.—At St. Thomas, Ontario, the Canada South¬
Railway Company elected for directors W. H. Vanderbilt,
W. K. Vanderbilt, E. D. Worcester, Augustus Schell, Samuel F.
Barger, W. L. Scott, Sidney Dillon, E. A. Wickes and Hon. Adam
Crooks. W. II. Vanderbilt was elected president.
ern
Chicago Rock Island & Pacific.—Cmcago, June 6.—The
stockholders of the Chicago Rock Island & Pacific Railroad to day
elected directors as follows: W. L. Scott, Jay Gould, Sidney
Dillon, R. R. Cable, H. H. Porter, Charles R. Marvin, A. G. Dulman, F. H. Tows, David Dows, and Hugh Riddle.
Besides
these, three new directors were elected as follows: R. P.
Fowler, F. L. Ames, and Benjamin Brewster, * The directors then
elected the following officers: President, Hugh Riddle ; VicePresident, David Dows; Secretary and Treasurer, F. H. Tows.
Erie.—The reconstruction trustees
lias been
so
that the scheme
the stock may be
announce
modified that assessments
upon
paid until June 15, with the addition of 5 per cent interest from
After June 15, 7 per cent will be added from March 1,
March 1.
■without additional payment.
Indianapolis Bloomington & Western.—At Chicago, June
1, Hon. Henry W. Bishop, Master in Chancery, filed his report in
the matter of the application to remove Gen. George B. Wright,
Receiver. The report shows that the specifications made against
the receiver have not been sustained, and fully exonerates him
from all the
charges preferred against him.
Lake Erie Evansville & Southwestern.—1The United
States
Circuit Court at Indianapolis, on June 2, ordered to be entered a
decree of foreclosure against this road, at the suit of T. F. Mason
and A. P. Man, trustees. The court also directed an order of sale
to be entered directing the sale of the road after 90 days’ notice.
The amount of the bonds and accrued interest is $645,300. The
road is completed from Evansville, Ind., to Booneville, 18 miles,
and some work has been done beyond Booneville.
tons per
best built and best
arranged mill on the Pacific side of the Conti¬
the best and most complete silver
nent, and it is believed to be
mill iu the world.
Expanded for development, construction, mining and all other pur¬
poses, from 1872 to Jan. 1, 1877
$930,733
Less t.Mt of mill, a :(1 property ou hand at cost
301.320
as cost of development, mining, &c
Production of 20 stamp mill, 13 months under
Ore sold for currency
$628,413
$906,459
Leaving
Present
Present
The
Company has
kind or nature.
no
4a,116
1('0 tons per day.
80 tons per day.
30.000 tons.
capacity of mine
capacity of mill
Lowest estimate of ore now in
Lowest estimate of value
any
lease—gold value
sight
$100 per ton.
bonded
or
other debt
or
incumbrance of
Receipts for February. March and April, 1877—in coin...
Quicksilver on hand
Total
receipts
$372,996
20,768
$393,764
...
DISBURSEMENTS.
$101,888
23,483
150,000
February, March and April, 1877
700 flasks of quicksilver
Dividends ($.0,000 iu gold, per month)
$277,369
116,394
Total disbursements
Balance
May 10, 187 7
Dividends payable on the 10th of
the transfer agents, Wells, Fargo
each month, at the office of
& Co., 65 Broadway, N. Y.
Registered by Union Trust Co., N. Y. New York office, 31 Broad
street.
Officers: President and Treasurer, J. B. Haggia; VicePresident, R. P. Lounsberry; Secretary, B. B. Minor.
Panama Railroad.—The Panama Railroad Company replied
the Government of the United States of Colombia, in regard to
the notices served upon the railroad company in March last, to
extend the road to the islands of Panama Bay, that k will comply
with the wish of said Government, and will forthwith order a
to
survey of the harbor of
sion of its line of road.
Panama with a view to the
proper exten¬
Pennsylvania Company*—The annual meeting of this com¬
in Pittsburg, and
directors for the
ensuing year: Thomas A. Scott, George B. Roberts, Alexander
Missouri Bonds.—A despatch from Jefferson City, June 3, Biddle, G. Morrison Coates, S. M. Felton, Wistar Morris, H. M.
says: “The Fund Commissioners yesterday sold the two hun¬ Phillips, Jos. N. DuBirry (instead of A. J. Cassatt), H. H. Hous¬
dred and fifty State bonds issued to pay outstanding Auditor’s ton, of Philadelphia; J. N. McCullough, William Thaw and
warrants to James N. Burnes, of St. Joseph, for one thousand
dollars and thirty cents per bond.
The sale was a very good
one
under the circumstances. They have only two years to
run,
and the interest is payable at the Treasurer’s office, which is
considered by bond speculators a drawback.
Mobile & Girard.—In accordance with the authority voted
by the stockholders at their late meeting, a new mortgage for
<$1,000,000 has been executed by this company. This mortgage
is to secure bonds to be issued
advances made by the Central of
pons as
for
the
purpose of
pay bonds
Georgia to
repaying
and cou¬
they became due.
pany was held on Tuesday, at the central office,
the following-named gentlemen were elected
Thomas D. Messier, of
parisons
and the following directors were
chosen : William II. Vanderbilt, Cornelius Vanderbilt, William
K. Vanderbilt, Frederick W. Vanderbilt, Augustus Schell, Samuel
F. Birger, Joseph Harker, Chauncey M. Depew, John E. Burrell
and James H. Rutter of New York; Chester W. Chapin, of
Springfield, Mass.; George J. Whitney, Rochester, N. Y.; James
M. Marvin, Saratoga Springs. The changes from the ticket of
last year are the election of Frederick W. Vanderbilt to fill the
vacancy caused by the death of Commodore Vanderbilt, and the
was
voted
on,
substitution of James Rutter of New York for Walter S. Church
of Albany, who declined a re-election.
New York & Oswego Midland.—In the United States Circuit
Court in New York, June 2, argument was heard on an applica¬
tion to fix
lower maximum price
for the road than the $2,500,000
required by the terms of the order of sale. After the close of the
bearing, the Court decided to postpone definite action in the mat¬
ter, until the decision of the United States Supreme Court is given
on the appeal taken to it from so much of the decree of foreclosure
as gives the receivers’ certificates priority to the bondholders’
claims.
Ohio &
a
:
SUMMARY.
Aggregate earnings from lines operated by-the Pennsylvania Corn$14,584,710
pan • and other sources in 1816
8,700,029
Expenses of operating the lines
....
Net earnings
:
Out. of which were paid interest on bonds, dividends,
all charges connected with leased lines, amounting to
.
New York Central & Hudson.—At the annual election about
$61,000,000
Pittsburg.
The annual report was submitted, read and approved, giving
in detail the results of operating the various lines controlled by
tbe Pennsylvania Company.
The following, from the report, gives the result of these com¬
Leaving
a
surplus amounting to
From which were paid the interest on the funded and
of the Pennsylvania Company and general expenses
Amount contributed to sinking funds of leased roads
rental and
.
other debts
..
$6,557,680
5,199,941
$1,357,739
774,538
178,558
$953,116
Total
a net; profit for tbe year of
to pass to the credit of profit and
nature and kind.
Leaving
$401,623
loss, after meeting all charges of every
Philadelphia & Reading.—The Philadelphia lnqu:rer says
that President Gowen cabled from London this week that he has
been successful in his mission abroad, and that the London
meeting proved a complete success, and
accepted.
/
the funding scheme was
City Finances.—The city of Portland has succeeded,
pruning in its appropriations for 1877, in keeping its
as low as last year, and yet made provision for the pay¬
the $150,000 interest it must meet ou account of the fail¬
Portland
by
severe
tax rate
ment of
ure of the
Portland & Ogdensburgh railroad to pay it. Streets
and schools have to get along with much less than last year.
The total tax for 1877 is $610,564 22, or $760,564 22 with the
railroad interest. LasVyear it was $764,496 40.—Boston AdnerUser.
Mississippi.—A meeting of the stockholders of the
Mississippi Railroad Company was held recently to
Portland Saco & Portsmouth.—At the annual meeting, June
appoint a committee to take action for the protection of their own 4, the President stated that the plan recently approved by the
interests, and if possible get the road out of the hands of the stockholders, of issuing mortgage notes for the debt of tbe com¬
receiver and relieve it from its existing embarrassments.
The pany, was working successfully in relieving its embarrassments,
stockholders complain that they have no information, and at
nearly all the creditors having agreed to it. The necessary sup*
present no means of obtaining information, relative to the con¬ plementary agreement with the Eastern Railroad Company has
dition of their property.
The following committee was elected : been concluded. The settlement of the Boston & Maine claim
Win. D. F. Manice, R. L. Catting, Jr., F. P. Dimpfe1, Win. H. for
damages has been included iu the recent agreement between
Cox, Henry M. Day, James M. Hartshorne, Alex. Campbell. The that company and the Eastern.
committee subsequently met and organized by the election of
Railways of Canada in 1876.—A blue book bas lately been
W. D. F. Manice, Chairman, and H. M. Day, Secretary.
issued containing railway statistics of Canada, and the capital,
Ontario Silver Mining Company.—The stock of this Com¬ traffic and working expenditure of Dhe railways of the Dominion
pany was recently admitted to the list of the New York Stock for the fiscal year ending 30th June, 1876.
It was prepared by
Mr. Brydges, and, if followed up in future years, will become a
Exchange. Their statement submitted contained the following
Ohio &
-
Juns
9, 1877.]
THE CHRONICLE
*
work of increasing value. The mileage of new
railways opened
in the fiscal year ending 30th June, 1876, was as follows :
Working and repairs of
*
Intercolonial
Kingston & Pembroke
Montreal & Vermont Junction
New Brunswick
Port Dover & Lake Huron
».
The above figures show
with the previous year.
The gross receipts on the
And the gross expenses
185
...
47#
23
33
63
21
South Eastern
Whitby & Port Perry
1,588,299
5,575,080
Total
34
24
9
69
■Great Western
cars
General operating charges
Miles.
Brantford Norfolk & Port Burnell
Brockville & Ottawa Extension...
Chatham Branch
543
i
$15,802,721
increase of $27,188 as compared
an
railways
were
$19,358,684
15,302,721
Leaving a net profit of
$3, 66,362
Which shows that the expenses averaged 81'63
per cent of the
receipts. For the previous year the percentage was 81 per cent.
11*4
The total bonded debt of the different
524
companies is returned
at
,079,530, so that the profit of $3,556,362 is about sufficient to
mileage (5,157£) lias to be deducted the mileage pay 4*67 per cent upon the bonded debt. The
gross
of
of railways in the United States owned
by Canadian companies. the mileage opened have averaged $3,753 per mile, earniDgs
as against
This makes the total mileage in Canada
4,929£ miles, all single $4,000 the previous year. The operating expenses have
averaged
track, excepting 79 miles of double track on the Great Western $3,064
against $3,270 for the previous year.
Railway.
The total amount
expended to the 30th of June, 1876, by the
The gauge of the total mileage is divided as follows :
Dominion Government, including the
Inter-colonial, Prince Ed¬
ward Island and Pacific
5 feet. 6 inches
railways,
and expended or become liable
618#
miles
4 feet 8# Inches
3,938.# miles for by the local governments of the different Provinces, is as
3 feet 6 inches
From the total
follows:
60014 miles
Dominion Government
5,157# miles
The returns show that the
total’capital raised
1876, for the railways in operation,
to 30th
was as follows
And
“
Municipalities
“
Total
Less included in
paid-up securities
as
817,995
60,760,280
$317,735,468
The increase in the different items for the
year are as follows
Ordinary share capital
$2,155,560
Preference share capital
3,305,000
Bonded debt
4,004,139
Government and municipal loans and bonuses
11,S28.91*
Total
$19,293,613
paid-up Capital of the railways under
follows:
construction
was as
-
$3,023,188
827,382
bonuses
bonuses
Less included in paid up securities
or
or
11,258,293
$1,043,764
62,t00
981,764
Total
$16,093,579
against $20,095,376 in the previous year. This decrease arises
from some of the railways which were under
construction during
the year ended 30th
June, 1875, having been opened for traffic and
included in the statement of railways in
operation. The total
capital paid up to 30th June, 1876, on railways in operation and
actually under construction amounted to the sum of $333,886,047.
Ofdhe mileage of railways open, 2,373£
miles are laid with steel
rails; 2,758 miles are laid with iron rails, and 254 miles are laid
with wooden rails.
This, as compared with last year, shows an
increase of 319 miles steel rails and
Ilf miles of iron rails
showing that steel continues to be substituted for iron rails.
The number of miles of
sidiDgs is given at 637, against 655£
returned for the previous
year. There was an increase during the
year of 20 engines, 37 passenger and
baggage cars, and 488 box,
cattle, flnd’platform cars. The number of level
road-crossings not
guarded by watchmen has increased from 4,655
to 5,041.
The
number of points where
railways cross each other on the level
has increased from 58 to
81; the number of junctions between
railways, from 95 to 113, and the junctions with branch lines,
from 52 to 60.
as
The total train
increase
of
mileage of the
423,450,
year
is given at 18,103,628,
or an
compared with the previous year. The
number of passengers carried was
5,544,814, or an increase of
as
354,398.
The number of tons of freight carried
was 6,331,757,
increase of 660,920f. The
carried the larg¬
railways
which
est number of
passengers and tons of freight were as follows :
or an
„
,
Grand Trunk
Great Western
inter-colonial
Canada Southern
Northern
_
Tons of
Freight.
2,113,852
3,972,535
1,133,667
1.579,090
342,196
544,959
246,443
574,930
144,938
252,700
108,827
*
....
ioronto Grey & Bruce
ioronto &
Number of
Passengers.
131,574
127,815
Nipisbing
142,801
" 95,670
93,980
The total
earnings of the railway were
as
follows:
Passenger traffic
$6,254,866
12,211,158
703,994
188,064
Preigfat
traffic
express
Gtcer sources
aiaue and
freight
Total
This is
$19,358,084
a
total
$122,455.
The
decrease,
cost of
as
compared with the previous
operating all the rail wavs
divided as follows :
Maintenance..
woraing and repairs of engines
amounted to
year,
$15,802,721.
‘
251,500
220,200
$10,695,553
St. Louis & Iron Mountain.—The suit of the
bondholders
Railroad, for possession of the
property and the appointment of a receiver, was closed at Keo¬
kuk, June 1. The complainants asked for a. decision “ because
the company is insolvent; because its
earnings have never paid
the prior mortgage interest, much less the consolidated
mortgage
interest; because the security is insufficient,and unless the bond¬
holders are put in possession,
they will suffer loss.” The attor¬
of the St. Louis & Iron Mountain
ney
Ordinary share capital
3,521,000
therefore, which the Dominion and oeal govern¬
ments and
municipalities have actually expended and become
liable for on opened lines, and those now
actually under con¬
struction, amounted, on 30th June, 1876, to a gross sum of $83,853,364, being an increase in the year of the sum of $5,734,035.
$61,578,275
above
$73,157,810
:
$6,702,853
!
The total,
Total
Municipal loans
follows
Quebec
5,426,505
/.
Bonded debt
Government loans
as
2,030,000
>'ova Scotia
The
by the municipalities
New Brunswick
Nova Scotia
228.521
New Brunswick “
2,328,000
871,000
In Ontario
1,834,719
“
2,731,184
6.944,600
ew
$51,948,529
Ontario
$60,233,026
Brunswick “
Nova Scotia
$111,203 479
69,747.17?
76,079,530
Dominion Government
“
“
N
:
•Ordinary share capital paid up
Preference share capital paid up
Bonded debt paid up
Amounts paid and loaned by—
Quebec
June,
Ontario
Quebec
not
of the defense argued that inadequacy and insolvency
sufficient to
given
authorize such action.
this week at Leavenworth, Kan.
are
The decision will be
St. Louis & San Francisco.—In St. Louis, June
1, the final
formal order relieving the former Receivers, Oliver Garrison
and
John H. Beach, and their securities, from all
liability,
tfas entered
in the United States Circuit Court.
Savannah
City Bonds.—At a meeting of Savannah bondhold¬
Augusta, Ga., representing $300,000 in bonds, it was
as unwise for Savannah to
repudiate her debt in part,
by scaling either principal or interest, and suggesting a tax of 2
per cent, in place of 14 per cent., and also that the bondholders
are willing to fund the first three
coupons on the bonds at 7 per
cent.
A meeting of Savannah bondholders was also held*
at
Charleston, representing $1,000,000 in bonds, at which it was
resolved that 6 per cent bonds be accepted in satisfaction for
7
per cent bonds and past-due coupons, provided that said new
bonds and coupons be receivable after
maturity for all dues to
the city of Savannah, and that said bonds shall be
exempt from
taxation by the city.
South Carolina Finances.—A press despatch from
Columbia,
June 6, has the following: “ The report of the Conference Com¬
mittee appointed to adjust the differences between the two
Houses,
relative to the Appropriation bill, was
adopted by the House
to-day with only a minority of seven.
The Senate to-night adopted the report of the Conference Com¬
mittee on the Appropriation bill, without much
opposition, and
the bill will be ratified to morrow.
In regard to the Supply bill,
the following is substituted for the first section : ‘ That a tax of
7 mills on the dollar be levied for the following purposes :
First,
to meet appropriations for the current
expenses of the govern¬
ment for the fiscal year ending October
31,1877; second, to pay
the interest due in January and July, 1877, upon the consolidated
bonds and certificates of stock, issued under the act to reduce the
volume of the public debt, approved December 22,
1873, and
which shall be found to be valid and bona fide by the commis¬
sion to investigate the same, and be approved
by the General
Assembly at its next regular session ; third, to pay such other
indebtedness of the State as may be reported to be valid and
bona fide by the said commission, to which it
may be applied by
the General Assembly at its next regular session ;
fourth, if the
proceeds of said tax of 7 mills be insufficient to meet all pay
ments provided for in the Appropriation bill, the Governor is
hereby authorized to borrow on the credit of the State such a sum,
not exceeding $100,000, as may be
necessary to meet such
held
resolved
ers
at
r
“
deficiency/ ”
Wallkill Valley. —This railroad was sold at Rondout, June 5,
under foreclosure of mortgage, and was bought by the creditors
for
$128,000.
West Wisconsin.—On June 2 the United States Circuit Court
appointed Mr. W. H. Ferry receiver. Mr. Ferry has been in
$3,813,668 charge of the road for some time past., at first as agent for tha
4,825,67 l trustees and more latterly as general manager for the company.
THE
544
[June 9, 1877.
CHRONICLE.
COTTON.
Commercial $ttnes. -
&be
Friday, P. M.,
June 8, 1877.
Crop, as indicated by our telegrams
For the week ending
from the South to-night, is given below.
Friday Night, JaneS, 1877.
this evening (June 8), the total receipts have reached 9,390
bales, against 9,669 bales last week, 12,147 bales the previous
Trade the past week has not been brisk, and yet quite as good
as there is any reason to expect.
The period has arrived when week, and 16,288 bales three weeks since, making the total receipts
since the 1st of September, 1876, 3,915,033 bales, against 4,028,470
semi-annual accounts begin to be written up, and summer vaca¬
bales for the same period of 1875-6, showing a decrease since
tions are taken.
Therefore, a “ dull time ” is expected for the
The details of the receipts for
next six weeks, the monotony relieved only by such speculative Sept. 1, 1876, of 113,437 bales.
this week (as per telegraph) and for the corresponding weeks of
action as may from time to time spring up.
The weather has five previous years are as follows :
been summer-like, and needed rains have fallen over a wide area;
1873.
1872.
18741875.
1817.
1876.
Receipts this week at—
but at the West, much damage has been inflicted by tornadoes
and water spouts.
Grasshoppers are doing some injury to crops.
4,479
1,870
3,501
1,775
2,593
4,484
New Orleans
467
The following is a statement of the stocks of leading articles
669
271
1,264
575
263
Mobile
807
827
584
319
of domestic and foreign merchandise, at dates given:
Charleston
2,276
~
The Movement of the
COMMERCIAL EPITOME.
1876.
June 2.
7.506
Beef
Pork
Lard
Tobacco, foreign
Tobacco, domestic
bbls.
42,937
....
hhds.
Coffee, Rio
Coffee, other
Coffee, Java, &c
.
127,402
bags.
Cocoa
16,301
26,044
124, SO)
40,136
1.486
Melado
Hides
Cotton
Rosin
861
3,505
8,364
670
2,228
143
249
2,289
9,000
17,000
88,700
95,300
165,000
32,331
135,700
1,741
538
184,829
bbls.
bbls.
25,921
Tar
3,129
2,112
Rice, E. I
2.700
500
Rice, domestic
Linseed
132,200
13,500
Saltpetre
Jute
Jute butts
Manila hemp.
Sisal Hemp
....
17,1243
80,919
12,739
29,103
39,776
bags, etc. 219,685
.
Spirits turpentine
25,661
21,693
94,936
58,415
5,000
1,533
56,312
40,500
25,660
41,535
9,085
128,129
hhds.
bbls.
No.
Molasses, foreign
Molasses, domestic
50,372
44,403
1877.
May 1.
63,903
14,206
152,000
95,942
Sugar
Sugar
Sugar
1877.
June 1.
913
bales.
10,200
5,20-0
71,613
5,600
2,255
4,700
1,150
96,288
16,503
4,640
10,600
37,794
3,000
222,264
32,662
Savannah
1,386
1,177
2,811
1,218
753
827
513
66
93
4,201
2,549
*201
Florida
North Carolina
Norfolk
Total this week
J“
3,599
1,457
506
196
3,194
2,183
r*
517
6
6
129
338
245
217
109
2,880
1,410
116
4
2,936
1,004
2,673
3,303
61
49
41
58
235
272
9,390
10,456
13,869
12,962
18,245
10,762
City Point, &c
2,665,998
3,915,033 4,028,470 3,422,294 3,727,987 3,456.50S
Total since Sept. 1....
To-day (Friday) receipts
The exports
1,564
1,353
1,864
estimated to be 25 bales.
this evening reach a total
for the week ending
of
3,694 3G,252 bales, of which 23,597 were to Great Britain, 6,036 to
7,240 France, and 6,619 to rest of the Continent, while the stocks as
2,050 made up this evening are now 362,708 bales.
Below are
89,000
and exports for the week, and also for the corresponding
10,000 stocks
the
4,317
week of last season:
8,300
46,500
3,833
further decline in pork and lard the past
week, from no other cause, apparently, than a want of confidence
in the stability of prices. Mess pork closed nearly nominal on
the spot, and sold to-day at $14 05 for July and $14 10 for
August. Lard has declined even more than pork, and quite
broke down to-day, closing at $9(59 10 for prime Western on the
Bpot, and sold at $9 07^ for July. Bacon was more active early
in the week, but latterly has been quiet and nominal. Cut meats
fraction. Beef and beef hams remain very
quiet. Butter is doing a little better, especially the choice grades.
Cheese, at some decline, has been taken freely for export; State
factories, 10@124c. Tallow declined to 7|@8c. for prime, at
given way a
32
Indianola, &c
Tennessee, &c
Exported to
Week ending
June 8.
There has been a
have
150
Galveston
*
j-
126
Royal, &c. ...
Port
Great
France
Britain.
6,227
New Orleans*
Total
Same
this
week
week.
1876.
Conti¬
nent.
1,550
4,280
6,619
36,252
43,338 362,708 354,528
Mobile..
....
....
....
Charleston
....
....
...
....
Savannah
....
«
••
....
Galveston
14,649
Norfolk
.
Total since Sept. 1
.
.
.
2,730;
portst
Total thisweek..
*
•
•
•
23,597
•
....
6,036
•
•
....
....
....
>
15,346
634
72
•
....
....
....
New York
Other
•
.
2,019,502 442,3^0 407,995 2,869,867 3,028,333
Mew Orleans.—Our
1876.
1877.
21,937 112,169 100,506
5,735 18,362 13,507
6,SCO
4,748
2,850
5,694 4,792
4,503 24,137 10,994
6,421 156,274 180,019
5,811
6,324
1.942 35,000 32,000
16,626
4,435
5,964
Stock.
telegram to-night from New
■—
....
Orleans snows that
(besides
shipment at
Liverpool, 9,250 bales; lor Havre, 6,000 bales; for
which the market became quite active.
which, If deducted from
quantity at the landiug and in
Kentucky tobacco lias been dull, and the sales for the week
are only 500 hhds., of which 400 for export and 100 for consump¬
t The exports this week under the head of “other ports” include from Balti¬
tion.
Prices are lower ; lugs quoted at 3|@54c., and leaf, 7@15c. more, 536 bales to Liverpool and 1,550 bales to Bremen; from Boston. 2,194 bales to
Liverpool.
•
Seed leaf has had a moderate movement, and prices show little
From the foregoing statement it will be seen that, compared
change. The sales for the week aggregate 1,291 cases, as follows :
with the corresponding week of last season, there is a decrease
200 cases sundries, 5@18c.; 443 cases, 1870, Conn, seconds and
in the exports this week of 7,136 bales, while the stocks to-night
fillers, p. t.; 200 cases, 1875, New England, 9, 12, 15, 18, 25 and
are
8,180 bales more than they were at this time a year ago.
30c.; 150 cases, 1875, State, 9£c.; 53 cases, 1873, State, 9c.; 106
The following is our usual table showing the movement of cotton
cases, 1875, Pennsylvania, 7, 9 and 20c.; 139 cases, 1873-75, Wis¬
at all the ports from Sept. 1 to June 1, the latest mail dates:
consin, G£ to 7£c. The movement in Spanish tobacco for the
week has been to a fair extent, and the sales include £50 bales
EXPOR1 fED 8INC JE 8EPT. 1 TO—
RECEIPTS
Coast¬
Havana, 77*. 80, 110,115c.
Stock
wise
1.
SINCE SEPT.
PORTS.
Other
Great
In ocean freights, the market for berth room has latterly shown
Total. Ports.
France
forei’n
Britain
1875.
1876.
some easiness, and business is not as liberal as of late.
Charters,
however, have continued to have a very fair, and at times a
300,796 160,442 1117,466 150,013 130,635
N. Orleans. 1,166,782 1,370,456 647,228
19,606
13-4(776
good, movement. To-day, the market was a trifle more steady, Mobile
355,217 363,110 140,375 25,163 42,897 208,435
with a moderately fair business; wheat to Liverpool, by steam,
6,238
102,083
343,723
72,499
Charleston * 466,429 406,291 220,550 59,679
5£d.; do. to Glasgow, by steam, 7d.; do. to Bristol, by steam, 8£d.; Savannah.. 468,25S 508,920 230,209 14,742 49,848 294,799 133,868 5,481
cheese, 60s.; grain to Cork, for orders, 5s. 4£d.; do. to Hamburg,
235,062 25,563
498,069 473,110 197,039 23,575 25,412 246,026
5s. 6d.; refined petroleum to the United Kingdom, 4s. Hd.; do. to Galveston*.
185,281
8,263 23.. 836 356,370
119,825 194,726 •324,268
New York..
Cronstadt, 4s. 6d.; cases to the Adriatic, 32^c., gold.
20,367
12,038
20,367
The market fer Brazil coffees has been quiet, but as a rule Florida
1,970
89,438
36,474
2,511 10,606
23,357
127,832 101,069
N. Carolina
9,509
very steady; fair to prime cargoes Rio, 19£@20£c., gold ; stock
1,602 1,221 112,515 422,225
543,8 9 481,331 109,G92
here on the 6th inst., 105.455 bags; mild grades have sold fairly Norfolk*
29,500
14,615 117,802
104,092 103,187
at steady prices.
Rice sold in a moderate way at late prices. In Other ports 139,054
413,774
molasses there has been little or nothing done, and quotations Tot. this yr. 3,905,643
1995,935 436,334 401,376 2833,615 1287,832
are not as steady as of late; 50 test Cuba refining, 52c.; New Or¬
1263,118 392,44?
4,018,014 19H.«01 411,90s!g71,212 2984,951
l
leans, 45@62c. The market 1 or raw sugars Las latterly been Tot. last vr.
Under the head of Charleston is included Port Royal, &c.; under the head of
rather quiet, but quotations remain steady ; fair to good refining,
10|@10fc. Refined has declined under a quiet market ; crushed, Galveston is included Indianoia.&c.; under the head of Norfolk. is included city
shipboard and engaged for
above exports) the amount of cotton on
that port is as follows: For
Continent, 11,250 bales ; for coastwise ports, 1,000 bales;
the stock, would leave 81,500 bales, representing the
presses unsold or awaiting orders.
....
....
.=
.
.
.
.
.
....
.
.
.
.
..
...
....
*
Point, &c.
These mail returns do not correspond precisely with the total of
market for the
telegraphic figures, because in preparing them it is always
spirits turpentine, but at the close there was more activity at a necessary to incorporate every correction made at the ports.
Blight advance to 31|(g32c. Rosins have been quiet, but remain
The market advanced sharply for cotton on the spot during
eteady at $1 80@1 99 for common to good strained. Petroleum Saturday and Monday, when the quotation of life, was reached
has been quite active at times, and at steady prices, but the close
for middling upland, followed on Tuesday by a decline of l-16c.,
was easier, owing to lower advices from the Creek, occasioned by
which was recovered on Thursday. The business was quite lim¬
reports ot increased production ; crude, in bulk, 8c, and refined, ited for export and consumption, owing to the very small offer¬
in bbls.,14£c.
Ingot copper more steady, with 300,000 lbs sold at
on the part of holders, who were all looking for much
19i@19£c. ou the spot, and 100,000 lbs. for July, 19£c. Whiskey is ings
higher
figures in the early future, so that buyers could only
dull at $1 11, tax paid.
12fc.
-
There has
generally been a quiet and rather easy
0
5
.
3
1
02.4
9,1677.j
June
02.51
THE
CHRONICLE.
odd parcels at current figures. To-day, the offerings were
liberal, and a better business was done for home
consumption at somewhat easier prices, but quotations were not
■reduced. For future, delivery, the speculation was active and
excited, prices advancing sharply throughout Saturday and Mon¬
day, but most of the improvement of Monday was lost on Tues¬
day. Wednesday opened easier, but parties who had been selling
short soon took the alarm, began to buy freely, and the early
secure
rather more
decline was not only recovered but most of that of the previous
Od Thursday, the operators for
rise scarcely met with
resistance from any quarter, and a further advance was estab¬
lished, the closing figures for the present crop being about one
cent a pound above the lowest figures in May.
The advance for
the next crop was not so great as for. the present. Crop accounts,
as received by our Cotton Exchange, have indicated that warm
and gentle rains succeeded the cold nights and drought pre¬
viously advised. The speculation, therefore, has continued to
be based on the belief that supplies to the 1st of November are
barely adequate to meet the demand for consumption. To-day,
Liverpool was disappointing, and futures declined 10(5)12 points
but closed firm.
The total sales for forward delivery for the week are 285,200
bales, including — free on board. For immediate delivery the total
sales foot up this week 4,907 bales, including 20fr for export,
3,612 forconsumption, 1,095 for speculation, and
in transit.
Of the above, — bales were to arrive.
The following tables
show the official quotations and sales for each day of the past week:
day.
a
027.1
UPLANDS.
New Classification.
9 l!-*o 9 15-16 9
10 1-16 10 5-16 10
10 7-16 10 11-16 10
10 11-16 10 15-16 10
Strict Orel Inary
Good Ordinary
Strict Good Ord’ry.
Low Middling
10%
Strict Low Middl’g 11%
Middling
Good Middling
Strict GoodMiddl’g
Middling Fair
Fair
11-16 9 15-16 9
1-10 10 5-16 10
7-16 10 11-16 10
11-16 10 15-16 10
11
10%
11%
11%
11%
11%
11%
11%
11%
U%
11%
11%
11%
H%
12%
12%
13%
12%
13
12%
13
Tues’.Wed.
J’ne
Ordinary
N. ORLEANS.
$ H>.
5. J’ne
9%
10%
10%
10%
Strict Ordinary
Good Ordinary
Strict Good Ord’ry.
Low Middling
Strict Low Middl’g
11
il
11
Middling
Good Middling
U
Strict Good Middl’g 12
12
Middling Fair
Fair
13
✓
1—16
5-16
9-16
13-16
1-16
7-16
3-16
11%
ll Y
12%
12%
13%
12%
13%
10
10
10
11
11%
11%
11%
11%
U%
11%
U%
12
12%
12%
13%
12%
12%
11%
9%
10%
10%
10%
9%
9%
10%
10%
10%
10%
10%
10
l0
10%
10%
10%
10%
ll
ll
11
11
11
12
12
13
i0%
11%
11 3-16
11 7-16
Ll 11-16
’.1 15-16
12 3-16
12 9-’.6
13 5-16
3-16
7-10
11-16
15-16
12 8-16
12 9-16
i8 5-16
Til.
Fri.
3-16
7-16
11—16
15-16
3-16
9-16
5-16
Til.
13%
ll
3-16
7-16
11-16
15-16
3-16
9-!6
5-16
Fri.
J’ne 7. .J’ne
11%
11%
11%
12%
12%
13%
5. J’ne 6.
10
11 1-16
11%
‘1%
11%
12%
12%
6. J’ne
10%
10%
10%
11 1-16
11 5-16
U 9-16
11%
12%
12%
13%
5. J’ne
10
10
10
ll
1-16
7-16
13-16
1-16
8. J’ne
1-16
7-16
13-16
1-16
10
10
10
11
ll
11
11
11
ll
7. J’ne
1-16
7-16
13-16
1-16
10
10
10
11
8.
1-16
7-T6
13-16
1-16
H%
M%
11%
11%
11%
11%
11%
11%
11%
11%
12
12
11
il
12%
12%
13%
12%
12%
13%
12%
.2%
12%
11%
12%
13%
13%
Good Ordinary
9 5-’6
...
9 9-16
9%
9 15-16 10 3-16
10%
10%
10%
Til.
9 9-16
10 3-16
9%
10%
9 9-16
10 3-16
10%
11
Saturday.. Strong, higher....
Monday... Light traus.,high.
Tuesday
Dull, lower
59i
362
601
351
483
..
es’er.
Thursday.. Impry.tone, high.
Friday
200
Easy, unchanged.
-
Total
Tran¬
Total.
sit.
ConSpec¬
sump. ulate
Ex¬
port.
Wednesday Dull,6l!ghly
200
■•240
182
136
537
....
1,223
3,612
1,095
For forward delivery, the sales (including
Sales.
592
602
35.400
783
45.800
687
44,100
42.800
Deliv¬
eries.
600
500
68.400
1,020
1,323
4u»i <00
4,907
285,200
free
on
700
400
200
2,400
board)
have reached during the week 285,200 bales (all middling or on
the basis of
middling), and the following is a statement of the
Bales and prices:
.
,
For June,
bays.
bales.
30 1
cts
cts.
1!- 3
11-61
11-65
1.-66
oen
l,M
300
4L 0
so1
1 000
H’40
-
11-42
11-68
11-72
11-73
11-74
500
803..,
7
1,300.:;:
,
,^oi
w?
^
109
1W7
i
<0,4JO total Jane.
.1
11-54
11-55
11-56
2,900
300
8G)
11-57
ll-.S
900
.
...'.1-59
il 60
..
3,700
5. 0»
For
969
600
300
20)
100
100
llvs
.
w>
11-51
11-55
::::::u-sl
.
U'78
11*79
900
11-30
65,3)0 total July.
4.21K)
11-83
11-84
2 500
2,200
1,71)0
U-35
lfSS
800
ll-o7
200
70)
1,700
11-68
U'O
1,400....
If 9
6.000
1.900
11*4-5
1.1-49
11-50
11-51
£09
2JU
300
900..
1171
11-72
11-73
400
SO)
H-32
11-53
3.860
2,500
3,709
900
.11-54
11-55
11-59
11-53
1,410
11-53
11-46
11-47
....11-48
11-49 |
...11-50 |
4.009
9o0
...
..
11-71
...11-75 I
...If ,6 1
11*31
11*32
11-33
1
100
600
HR)
11,300 total Oct.
23,200 total Sept.
For October.
2K)
If 09
100
n-16
409
11-17
100
11-19
500
11-20
200
11*21
100...
11*22
100
11*23
400
11-24
40)
11-25
100
11-27
300
11 23
900
11-30
500
£-00
7> 0
400
600
1.200
11-31
11-32
11-63
11*34
11*35
If 3i
409
200
109
11-37
11-33
11-39
11-38
1.L00
11-38
7,500 total Dec.
....11-76
410
6U0
11-35
"
390
600
HH)
11-05
U-13
11-15
11-16
11-18
11-20
If 21
11-22
For
100
3X)
£00
k
11-25
11*27
11-34
H-34
11-35
11-39
11-40
11-42
11-45
If 45
If47
11*18
11*50
1L-51
£(X)
SUO
109
100
100
100
100
200
100
10J
100
.11-23
11-24
11-2.1
11*26
11-24
11-29
January.
2,300 total Jan.
11-30
15-31
For
HU
100
11-32
11-33
11-34
51-35
11-36
February.
11-49
11-56
11-60
11 68
8'0
300
800 total Feb.
6,900 total Nov.
For March.
For December.
700
11-03
1.009
11-13
100
11-14
300
11*15
10J
Ifl0
1,200
11-19
700
11-20
11-22
11-23
11-26
If 27
50U
200
10C200
300
209
100
690
200
100
100
100
2C0
11-45
11-46
11-60
11*67
11-88
11-69
11-70
11-75
11-79
1,990 total March.
following exchanges have been made during the week:
Aug.
Sept.
following will show the closing market and prices bid for
:
MIDDLING UPLANDS—AMERICAN GLASSIFICATION.
Fri.
Sat.
Mon.
Tues.
Wed.
Thurs.
Market closed
Steady,
lower.
June
11-30
11*31
July
11*39
August
11-26
September
October
11-10
10-97
November...,..
December
19-fJ
11*11
January
11-80
February
March
1146
Tran3f.orders. 11-50
106
Gold
4 55 \
Exchange
Firm,
higher.
Steady,
h'gher.
ll-.6
11*61
11*65
11-51
11*28
11-11
11-10
ll 31
11-47
11-62
ll'Ta
11-65
.
..
..
11-67
11-74
11-65
11-42
11*31
11-34
11-49
11-64
11-78
11-70
105%
105%
4-85%
4-05%
F.iey,
lower.
11-52
11-54
11-69
11-43
11-27
11*14
11-15
11*31
11-46
11 61
11-60
Steady,
higher.
105%
85%
■P62
11-65
11*70
ll* tO
11-31
11-24
11-24
11*41
1! *55
11-63
11*7(1
105%
4
Firm,
higher.
Fri.
Ea9y,
11*44
11*33
11*33
11-48
11-62
11-76
11-80
lower
11-60
11*64
11-70
11-60
11-33
11-22
11-24
11-34
11-53
11-67
11-70
105%
4-t5%
4-85*-
11-72
11-76
11-82
11-71
105%
The Visible Supply
of Cotton, as made
up by cable and
follows. The continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s returns, and
consequently
brought down to Thursday e vening; hence, to make the totals the
complete figures for to-night (June 8), we add the item of exports
from the United States, including in it the exports of3 Friday
only;
telegraph, is
as
r
1876.
1875.
1874.
1,109.000
48,509
1,049,000
51,5250
1,002,000
106,750
136,500
Total Great Britain stock......1,157,500
at Havre
217,250
at Marseilles
12,H00
at Barcelona
57,000
1,103,250
1,108,750
1,089,500
196,750
8,000
89,750
15,500
56,090
15J,000
144,500
Stock
Stock
Stock
Stock
Stock
Stock
.
at Hamburg.."......
at Bremen
...
.
ports..
Total continental ports
10,500
72,250
61,500
15,500
6,750
17,C0J
475,753
Total European stocks
1,633,250
India cotton afloat for Europe.... 337,000
American cotton afloat for Europe 218,000
Egypt, Brazil, &c.,afloat for E’rope 27,(00
Stock in United States ports
302,703
Stock in U. S. interior porta
34,722
United States exports to-day*
8,000
Total visible supply..
8,500
82,250
953,000
13.750
15,500
17,500
13,750
43,000
42,250
10,000
4,250
73,000
22,000
42,000
89,000
30,000
13,750
28,259
15,000
46,000
483,753
370,003
474,000
1,587,003
1,478,750
569,000
1,553,500
61,500
.
.baies.2,620,639
f
320,000
214,000
245,003
25.003
65.000
354,528
50,947
8,003
262,767
28,717
2,003
697,000
269,000
49,000
273,331
51,817
1,000
2.651,234
2,559,475
2,904,018
descriptions are es follows :
Of the above, the totals of American and other
American—
Liverpool stock
.
711,000
.
395,090
614,000
347,000
600,090
190,000
304,000
218,003
362,708
34,722
214,009
245,000
334,528
50,947
8,000
8,000
262,767
28,717
2,000
269,000
273,331
51,186
1,000
Total American
bales .1,729,430
East Indian, Brazil. dkc.—
1,586,475
1,323,434
1,421,518
4-5,000
402,000
430.000
5 4,250
106,150
189.000
569,000
136,500
170,000
,697,000
65,000
49,030
1,482,500
1,421,513
Continental stocks
American afloat to Europe
United States stock
United States intericr stocks....
United States exports co-day
.
.
.
Liverpool stock
11-42
1-43
11-46
11-65
11-67
714)
100
l,0iXI
1,600
1,000
300
10 J
30).
1.200
1.900
1,000
100
200
800
100
200
600.
10J
100
3JO
200
£00
200
400
300
<9,10
200
TOO
100
£00
200 ....;
500
Egypt, Brazil, &cM afloat
li-Si
n-:o
11*41
1P42
11-44
.....11-45
11-43
.11-49
11-30
11-68
11-69
If 70
11*71
li-72
11-73
11-74
If75
’1-41
:
11-47
.
11-311
For November.
100
11-94
1UU
400
10J
For September.
210....
11-29
500
11-30
’.00
11-31
500
li-36
100
11-33
100
11-39
100
11 40
390
11*43
800
! 1*41
700
11-15
2C0
11-46
100
11-47
900
11-49
400
11 50
200
...11 51
300
11-52
cts.
100
11*65
11-66
11-67
1,000
1,0 n
.
700
2t0
500
lto
cts. 1 bales.
11-10
....11*64
I0t).„
11*39
11-40
3C0.;.
800.
11-64
...11-36
11-37
11-12
11-61
11-62
11-53
1,200
145,6U0 total Aug.
The
100...
11*80
300
500
800
509
London stock
Continental stocks
India afloat for Europe
For August.
.11-65
jJge.n.litlUfsa
11-77
6,100
11-41
11-45
1,990
1,800
1,100
cts.
1,400.,
5 000
2 HU
1
.
11-62
11-33
bales.
11-31
July.
ii-53
11.50
4lC
eta.
11-51
.11-52
11-13
],°0J
:::;n-5o
£0s.h
90d
bales.
600
2K)
100
.
UK)
590
ns:
1J00
1,100
$
11-82
1,390
3,600.
600
509
209
FUTURES.
SALES OF SPOT AND TRANSIT.
Closed.
1/-0J
1.500
at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other continental
MARKET AND SALES.
•
1.100
3.900,
5,000
bales.
1877
Fri.
10 7-16 10 7-16 10%
10 15-16 10 15-16 11
11
10%
Spot Market
1,800
eta.
11*53
1P31
ll-55
11-56
11-33
11-59
•
J’ne 2. J’ne 4. .J’ne 5. J’ne 6. J’ne 7. J’ne. 8.
..
1,600
biles.
400
2<K)
100
ItO
Stock at Liverpool
Stock at London
Sat. Mon. Tues Wed.
....
5y(X)
14,590
1 ;,700
15,700
2.400
2,300,
3, 00
The
10.
11
11
11 5-16 11
11 5-16
:i 9-t6 11
11 9-16
ll 13-'.6 11 13-16 11 13-16 11
12 1-16 12 1-16 12 L—16 12
12 7-16 12 7-'6 12 7-16 12
13 3-16 l3 3-16 13 3-16 13
11 1-16
Middling
11-60
11*61
....11-62
11-63
11-64
11-65
11-63
11-67
11-6S
If 69
11-70
11-71
11-72
11-73
U-74
11-75
11-79
11-77
u-;s
11-79
11-80
f...11-31
future delivery, at the several dates named
STAINED.
Strict Good Ordinary
Low Middling
11-59
6,609
2.61)0
3,200
2,H 0
2,110
•05 Dd. to exch. 200 July for
'25 pd. to exch. liX) Oct. for
12
12%
13%
13%
1-16
7-16
13-16
1-16
cts.
2,100
Taes Wed. Tues Wed. Tues AVed.
6. J’ne 5. J’ne 6. J’ne
11%
11%
12>?
jl 3%
rair
9 13-16
1-16
7-16 10 3-16
13-16 10 9-16
1-1G 10 13-16
11
11%
12
12
9 15-16 9 15-16 9 15-16 9 15-16 10
10 5-16 :0 5-16 10 5-16 .0 5-16 1!)
Good Ordinary
10 11-16 10 11-16 10 11-16 10 11-16 10
Strict Good Ord’ry. 10 15-16 10 15-16 10 15-16 10 15-16 11
Low Middling
11%
11%
11%
11%
Middling Fair
10
10
10
ll
11%
n>.
Strict Low Middl’g 11%
Middling
11%
Good Middling
11%
Strict Good Middl’g 12%
13-16
3-16
9-16
13-16
11%
11%
11%
Til.
FrI.
Til.
FrI.
J’ne 7. J’ne S. J’ne 7. J’ne 8
Ordinary
Strict Ordinary
TEXAS.
Sat. ITIoii. Sat. in on. Sat. Mon. Sat. (Mon.
J’ne 2. J’ne 4. J’ne 2. J’ne 4 J’ne 2. J’ne 4. J’ne 2. J’ne 4.
V
Ordinary
ALABAMA.
bales.
545
3^8,000
43,500
80,750
136,750
27,(900
320,000
25,000
891,250
,1.729,430
'97!,003
1,588,475
1,322,750
Total visible supply....bales. .2,620,680
Price Mid. Uplands, Liverpool...
6d.
2,559,475
2,651,234
6d.
7%d.
Total East India, &c
Total American
,
,
-
1,328,484
523,000
2,904,018
8*@3%d.
These figures indicate an increase in the cotton in sight to-night
of G1205 bales as compared with the same date of 1876, a
decrease of 80,554 bales as compared with the corresponding
date of 1875, and a decrease of 283,338 bales as compared
with 1874.
movement—that is the receipts
and stock to-night, and for the
corresponding week of 1876—is set out in detail in the following
At the Interior Ports the
and shipments for the week
statement:
8, 1877.
Weekending June 9, 1876.
Shipments. Stock.
Receipts. Shipments Stock.
Week ending June
Receipts.
134
33
Augusta, Ga
Columbus, Ga
Macon, Ga
712
138
93
1,861
23
2,028
9^8
269
328
495
465
820
4,489
175
145
3 903
656
69
157
Memphis, Tenn
Nashville, Tenn...
605
134
2,654
19,448
1,1(5
2,905
6,054
1,928
2,876
1,491
32,390
182
2,987
59
142
2,305
Total, old ports
1,101
5,668
34,722
1,733
5,592
50,947
324
487
735
28
160
542
4
38
27
is
402
526
713
763
192
699
129
38S
339
651
731
26
108
35
1,766
54
Montgomery, Ala
17
121
..
57
Selma, Ala
Dallas, Texas
Jefferson, Tex.
Shreveport, La
Vicksburg, Miss..
Columbus, Miss....
Eufanla, Ala
Griffin, Ga
..
.
180
202
5
Louis, Mo
58
87
22
385
Cincinnati, O
2,441
Atlanta, Ga
Rome, Ga.
Charlotte, N.C.(est.)
St.
[June 9, 1&77
THE CHRONICLE
546
1,069
7
80
300
33
4,134
2,977
9
5
50
683
5
6,516
175
568
10,319
1,068
716
1,100
lowest 67.
Georgia.—The weather has been- warm and dry all
the thermometer averaging 83. We have had no rain
now for six weeks, and the crops are suffering.
Savannah, Georgia.—We have had rain on one day (twentythree hundredths of an inch), but the rest of the week has been
pleasant though warm. Average thermometer 78, highest 93
Columbus,
the week,
and lowest 59.
81
64
284
Augusta, Georgia.—We have
part of this week, which have
504
indications
1,1C9
1,182
6,181
16,060
6
275
1,032
2,2! 5
have had rain on one day of the week,
to a depth of sixty-five hundredths of an inch. The thermometer
has averaged 80, the highest being 88, and the lowest 72.
Macon, Georgia.— It has rained on one day this week. The
thermometer has averaged 70, the extremes being 60 and 93.
Atlanta, Georgia.—We have had only a shower on' one day
this week, with a rainfall of seven hundredths of an inch.
The
thermometer has averaged 83, the highest being 91 and the
Madison, Florida.—We
•
•
•
•
214
2,388
latter
that they
are
part of the
had delightful showers the early
greatly benefitted crops, and the
extended over a wide,surface.
The
week has been clear and pleasant. Average
highest 93 and lowest 58. The rainfall for the
4,003 31,622
2,720
3,395
9,105 22,787
Total, new ports
week is thirty-six hundredths of an inch.
9,595 82,569
4,453
14,773
57,509
4,490
Total, all
Charleston, South Carolina.—We have had warm, dry weather
during
the week, and crops are suffering from the want of rain.
The above totals show that the old interior stocks have
Average
thermometer 76, highest 92 and lowest 63.
decreased during the week 4,567 bales, and are to-night 16,225
The
following statement we have also received by telegraph,
bales ess than at the same period last year.
The receipts at the
tame towns have been 662 bales less than the same
week last showing the height of the rivers at the points named at 3 o’clock
„
year.
June 7.
We give last year’s figures (June 8, 1876) for com¬
parison:
by
Weather Reports
thermometer 79,
Telegraph.—Our crop reports are
favorable this week, mainly on account of the
drought. We do not know that any considerable damage, which
a few showers would not repair, has been done; but a very large
section is still needing rain badly.
Our telegram from Memphis
reports a very severe storm there last night and to-day, washing
hillsides and creek bottoms, and from Little Rock the rivers are
reported rising again.
Galveston, Texas.—We have not received our usual Texas
telegrams.
New Orleans, Louisiana.—There has been no rainfall here dur¬
ing the week. rl he thermometer has averaged 70.
Shreveport, Louisiana.—Recent showers have materially im¬
proved crop prospects. The plant is backward but otherwise
promising, and the gloomy feelings which prevailed a short time
back are now to a great extent removed.
The thermometer has
ranged from 92 to 66, averaging 79. The rainfall for the week
is seventy-four hundredths of an inch.
Vicksburg, Mississippi.—It has rained on two days this week,
the rainfall reaching sixty-seven hundredths of an inch.
The
thermometer has ranged from 91 to 67, averaging 79.
Columbus, Mississippi.—Cotton in this vicinity is small and
backward, on account of the drought.
Little Rock, Arkansas.—It has been somewhat cloudy during
the week, with rain on Thursday and on Monday night, and
there are at the present time indications of its continuance. If the
rain ceases now, it will have helped crops greatly, but our river
is very high and rising rapidly, and there are fears of an overflow.
Average thermometer 77, highest 89 and lowest 63. The rainfall
is two inches and ninety-two hundredths.
Nashville, Tennessee.—We have had rain on three days this
week, and a rainfall of forty-two hundredths of an inch. The
hermometer has averaged 75, the highest being 91 and the
owest 60.
The rainfall during the month of May was two and
scarcely
we_ve
as
hundredths inches.
Memphis, Tennessee.—It has rained on four days this week, the
rainfall reaching ninety hundredths of an inch, and there has
been a terrific rain falling since midnight, six inches of rain hav¬
ing already fallen and it is still pouring. Great damage is being
The thermometer has
done to creek bottoms and hill-sides.
averaged 79, the extremes being 65 and 90.
Mobile, Alabama.—We have had no rainfall this week, the
weather having been warm and dry, although it has been cloudy
to-day and yesterday. The fields are clear of weeds, but the
plant is small and needing rain badly. Rain is reported in some
localities during the past few days.
Average thermometer, 81 ;
highest, 93, and lowest, 65.
Montgomery, Alabama.—We have had but one light shower, of
six hundredths of an inch, the rest cf the week having been
warm and dry.
Crops are suffering from the drought. Average
thermometer, 80; highest, 94, and lowest, 62.
Selma, Alabama.—The weather during the week has been
warm and dry, excepting a slight rain on one day.
*
r-June 7. ’77—\
Feet.
Inch.
New Orleans. .Below high-water mark
.Abovelow-water mark....
Nashville.... .Above low-water mark....
8hreveport. .Above low-water mark....
Vicksburg...,.Above low-water mark
3
Memphis
....
3
18
9
4
4
0
8
2
....
21
38
/—June 8, ’?6.->
Feet.
Inch.
18
15
42
5
10
0
4
7
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
1871, or 16 feet above low-water mark at that point.
A Large Cargo.—The New Orleans Picayune states that the
British ship Minnie H. Gerow, of 1,284 tons (American), was
cleared for Liverpool on Tuesday, by Messrs. De Wolf, Powell
& Co., with a cargo of 5,525 bales of cotton, weighing 2,481,790
pounds, in addition to 400 tons of ballast and 3,000 staves for
dunnage. This vessel has loaded four times at this port, and her
previous cargoes were as follows :
March 25, 1875—3,991 bales cotton, weighing 1,802,824 pounds.
March 11, 1876 -4,205 bales cotton, weighing 1,932,894 pounds.
Dec. 2, 1876—3,920 bales cotton, weighing 1,833,568 pounds.
compressed entirely by the Champion
and “ Gilman’s puller,”
and was stowed by Mr. Joseph Cooper as its stevedore.
Bombay Shipments.—According to ourcable despatch received
to-day,there have been 11,000 bales shipped from Bombay to Great
Britain the past week, and 15,000 bales to the Continent; while
the receipts at Bombay during this week have been 31,000 bales.
The movement since the 1st of January is as follows. These are
the figures of W. Nicol & Co., of Bombay, and are brought
Her present
cargo was
Press, and was tied with the “grip tie”
Thursday, June 7:
down to
.—Shipments since Jan. 1-,
.-Shipments this week-*
Great
ConBritain, tinent. Total.
Great
ConBritain, tlnent.
Total,
.—Receipts.—
This
week.
since
Jan. l
315,000 352,000 607,000
31,000 912,000
426,000 274,000 702,000 40,000
901,000
645.000 374,000 l,0iy,000 33,000 1,171,060
From the foregoing it would appear that, compared with last
year, there is a decrease of 18,000 bales this year in the
1877
1876
1875
11,000
25,000
18,000
15,000
19,000
17,000
26,000
44,000
35,000
week’s
shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 35,000 bales,
compared witn the corresponding period of 1876.
Gunny Bags, Bagging, Etc.—Bagging has not changed since
our last report. The market still remains very quiet, and the small
demand lias
no
effect
on
prices, which continue to rule
nominally
l2£@12fc. Large parcels are
not moving and no sales are reported.
Butts still continue very
quiet both for parcels on spot or to arrive. Buyers are not in need
of stock at the moment and are not disposed to take hold. Prices
are steady, however, and holders still
quote3f@3fc. for spot lots,
the market closing at these figures.
Liverpool, June 8—3:30 P. M.—Bv Cable prom Liver¬
pool.—Estimated sales of the day were 10,000 bales, of which
1,090 bales were for export and speculation. Of to-day’s sales
7,150 bales were American. The weekly movement is given as
unchanged, though rather easier at
loliows:
May 18.
Sa’es of the week
bale?
.
Forwarded
.
Sales American
of which exporters took
of which speculators took
Total stock
of which American
Total import of the week
of which American
Actual export
Amount
afloat
of which
55,000
7,000
37,000
7,000
3,000
l,lb9,000
748,000
66,000
American
.
.
.
.
69,000
8,000
275,000
190,000
May;
43,OuO
5,000
31,000
3,000
2.0C0
1,790,000
757,000
74,000
44,000
10,000
240,000
102,000
June 1*
54,000
7,0C0
34,000
5,000
3.000
1,155,000
743,000
33,000
26,000
15,000
236,000
93,000
June 8..
71,000
4,000
45,000
5,00ft
7,000
1,109,000
711,000
25,000
11,000
8,000
227,000
83,000
June 9,
1877.]
THE CHRONICLE.
rpxe following table will show the daily
closing
fact,
Satur.
Mon.
4 Toes.
prices of cotton for the wees
Wednes.
Thurs.
Fn.
@5?,
..@5 15-16..@6
..(2,6
..@6
..@6
@o 1-16 ..@6>g
..@5 3-16 ..(2,6 3-16 ..@6 3-16
..@6 3-16
Upl’da
Mid. Orl’ns
Mid.
Futures.
These sales are
on
the basis of
wise stated.
Uplands, Low Middling clause,
unless other¬
Saturday.
June-July delivery, 5 13-16d.
July-Aug. delivery, 5 29-32J.
Aug.-Sept. delivery, 6d.
Sept.-Oct. de.ivery, 6 l-16d.
Juae-July delivery, 5 27-320.
June-July delivery, 5^d.
Jaly-Aug. delivery,
5 21-32d.
Aug.-Sept, delivery, 6
1
32@l-16d.
Sept.-Ort. delivery, 6>*d.
May-June ship nneut,sail, 5 15-10d.
Nov.-Dec. shipm't, new
crop, sail, 6>»d
Monday.
June-July delivery, 5 15-16@31 -32d.
July-Aug. delivery, 6@6 1-32.1.
Aug.-Sept. delivery, 6}{@3 32@}*'d,
Nov.-Dec. shipment, new
crop, sail,
6 3-16(1.
July-Aug. delivery, 6 1-161.
June-July delivery. 6@5 31-32d.
July-Aug. delivery, 6 l-32d.
I
New York—To
Total bales.
Liverpool, per steamers Spain,
463....City of Berlin,
561
Memnon,
1,000 ...per ship Henjnst, 3,811..:
To Cork, for
5,890
orders, per steamer Royal
per barks
Albion, 1,450....H. L. Routh, 3.500 Minstrel, 3,800
To Havre,
8,750
per steamer Ville de Paris, 72
To Bremen,
72
per steamer Main, 600.!
To Hamburg,
600
per steamer Geilert, 34
New Orleans—To
34
Liverpool, per steamers Muriel, 817
Alice,
2,303
per ship Minnie H.
Gerow,
5,525
To Havre, per
8,645
ships La
To Bremen, per steamerLouisians, 4,358,...Kentuckian, 4,262.
8,620
—
-
Frankfurt, 900
per brig Empress 830 Upland
per brig Ana, 70 Upland
Baltimore—To Bremen, per steamer
Berlin, 2.550
Boston—To Liverpool, per steamer
Illyrian. 308
Philadelphia—To Liverpool, per steamer
Lord Clive,
Charleston—To Havre,
Savannah—To Barcelona,
June-July delivery,
I July-Aug. delivery,
6 15-16@3l 32d.
6 l-16d.
Nov.-Dee. shipm’t, sail, 6 3-16d.
I
Shipping News.—The
exports of cotton from the United
States the past week, as
per latest mail returns, have reached
87,604 bales.
So far as the Southern
ports are concerned, these
are the same
exports reported by telegraph, and
published in
The Chronicle last
Friday. With regard to New York, we
include the manifests of all
vessels cleared up to
Wednesday
night of this week.
—
I July-Aug. delivery, 6 l-16d,6,^d.
Aug.-Sept. deiiverv, 6 3-32
d.
I Sepr.-Oct. delivery, 6 3-32a.
Oct.-Nov. shipm’t,sail, 6^d.
,
Sept-Oct. delivery, 6J£@7-32d.
Nov.-Dee. shipment, sail,
July-Aug. delivery, 6
1-161.
.
York
5,890
New Orleans.. 8.615
July-Aug. delivery,
Aug.-Sept. delivery,
6 l-32d.
6 3-32d.
!*ept.-Oct. delivery, 6 3-16d.
Nov.-Dee. shipment, sail, 6 3-16d.
,
Juue-July delivery, 5 29
June-July delivery,
6d.
The Exports
of
16,173
1,550
....
3,750
d.
Saturday..
Monday....
Tuesday...
Wedn’day.
Thursday..
1,550
....
9,522
Below
give
we
as
having
....
3,050
....
308
....
1,335
34
70
37J504
Resoluda,
Bermuda, and
put into
Friday
Market
our usual
York, and their
four weeks; also the totai
exports
1, 1876; and in the last column the
total
the previous year:
and direction since
Sept.
lor the same
period of
Sail.
d.
-@5-16
—@5-16
as
follows
from New
there con¬
:
»,—Havre.—>,—Bremen.—, ,—Hambarg.-*
Steam.
c.
§-32@—comp. #comp.
9-32@—comp.
—@5-16 9-32@—comp.
—@5-16 9-32@—comp.
—@5-16 9-32a,—comp.
&'@9-32
&@—comp.
Quiet.
Cotton from New
cotton from New
Liverpool.
Steam.
Xcomp.
J4comp.
^comp.
34comp.
J4comp.
Sail.Steam.
c.
—
—
—
—
—
Sail. Steam.
c.
c.
J8@)^comp.
>«@^comp.
%@!^comp.
)£@5£comp.
&@?%'comp.
-@9-16 c’p.
—
—
—
—
c.
Sail,
c.
c.
a^comp. —
%comp. —@—
>4comp. —@—
£comp.
—
—
\comp.
—
—
Xcomp
—
BREADSTUPPS.
York, this week, show an
increase, as compared with last
week,
the total reaching 15,346
bales, against 10,1 ly bales last week.
Friday, P. M.. June 8, 1877.
The flour market has been
quiet the past week
some weakness was
developed
took
in prices, but
no
; at
its
opening
important decline
place, and towards the close there was a
better demand and
feeling. The small
Exports of Cotton(bales)
receipts—only 50,000 bbls. last
from New
YorKsluceSeot.il 18T6 week, against 118,000 bbls. for the
corresponding week last
year, are working a
steady reduction of stocks from
WEEK ENDING
sheer
Same
scarcity, and this is, for the moment, the
EXPORTED TO
Total
ruling
idea in our
period
market, as fully three months must
to
May
May
prev’us
May
elapse before any considerable
lo.
date.
23.
30.
year.
increase of supplies can be
expected.
Rye flour was unsettled,
Liverpool
but corn meal quite active.
4.426
5,683
Other British Ports
4,678
5 890
311,903 321,244
To-day, the market was dull, and
3,500
8,750
27,015
1,67 3 the better grades depressed.
Total to Gt.
Britain! 4,426
5,6S6
The wheat market was
8,178 j 14,640 338,918
322,917
only moderately active till
Havre
There
yesterday.
was very
Other French
701
little
demand,
whether for export or
8,338
port3
2,115
consump¬
tion, and prices yielded a little. The
Total French
more recent
transactions
embraced a large line of No; 2
8.338
2,115
Chicago at $1 66, and several
Bremen and Hanover
boat-loads of No. 8
600
Hamburg
spring at $1 53@$t 58. The market
13,540
22.585
Other ports
34
gained
;
2,860
strength
on the small receipts at th3
8,404
West, which were last
C,17l
28,751 week
Total to N.
only one-nintli as large a9 for the
Europe.
634
corresponding week last
22.580
59,740 year, and not equalling the current
demand for
8pain,0porto&Gibraltiir&c
Ail others
consumption, to
1,140
say nothing of any surplus for
export. Crop accounts are
730
gen¬
Total
erally favorable, but not uniformly good.
Spain, Arc
To-day,
there
1,110 |
was
a
1,89)
further decline, and No. 3
421
Milwaukee sold at $1 53.
J^and Total
5,836
10,119 i 15.346 371,716
Indian corn declined
385,193
early in the week, to 544c for
The f°li°wlnor
steamer
are the
mixed, on the spot, 5G^c for July, and 58c
receipts of cotton at New York,
for Aug., with
^uiladelpliiaand Baltimore for the past week, and
Boston, at 57c,
No. 2
spot and June, 58c for
since Sept. 1/76:
July, and 58|@59c for Aug. But
yesterday their was some recovery in
prices, owing to falling offin
NEW YORK.
BECE’ts from
fhiladhlp’ia
receipts
at Western markets, the revival of
BALTIMORE.
speculative confidence,
This
steadier foreign markets, and a
Sia«$ J This iS-ince 1 This Since
This Since
decline in ooean
week. -Sept. l.E week.
Sept.l. week, Sept.l. week.
freights. To¬
day, corn, on the spot, was firmer, at
'Sept.l
N«w Orleans..
53£@56c
for
steamer
s,ses?
R
1
i
’
Tex&i
with more
mixed,
15,859
1
doing f«r future delivery,
703!
78,*®' !
9,546 i
including
sail mixed for
Savannah’/.’,
2,7801
August at 60£c.
121,375;
jfobile....
24,33? j
525 12,6531
255 22,232
4,777
Florida./;;;1
2
Rye has been fairly active at 80c for No. 2
13.1f6
!
S.h Carolina"
Western.
635
98,4591
i
548
Malting
Ejk
Carolina.
barley
has
remained quiet and
L05!
12-3
17,074
j
78,199
i
Wnia
142 13,183
144
barley there have been liberal sales for nominal, but of feeding
219,758! j
295 73,283 i
31! 57,3l8
?22h’ruPort*
278
export at 56c.
11,738*
4 S3 90,157
Oats declined 2@3c.
215
49
per bush., the reduction
120,041! !
672 91,945 i
4C6 42,747 1
65
being greatest in
5,500 the poorest
2,762
qualities, No. 3 Western
i -1 Wi this year
selling
yesterday at 40@41c.
for mixed, and
6,648 8*9,913'
1,4*0 314,952
45@4o4c. for white. The
941 58,ISO i1,799 115,953 be
consumption
is said to
curtailed by tire hard
y^ur.
7.784 8*4.5*2'
times fully one-third.
5.397 273,451
-27 50.674
maiket was steadier.
To-day, the
i
i
....
<
1
"
.
•
.
.
...
....
i
.
.
...
.
....
*
•
•
....
.
....
....
....
.
....
j
•
...
„
....
..
....
....
....
...
.
.
.
.
1
iSK?*
!
....
....
....
.
....
...
4
I
70
we
i
6 l-32d.
6 3-32d.
Ang.-Sept. delivery, 6 3-16d.
July-Aug. delivery, 6>£d.
Sept.-Oct. delivery, 6 y-32d.
Oct.-Nov. shipment, sail,
Nov.-Dee. shipment, sail, 66j^d.
9-32d.
showing the exports of
direction, for each of the last
830
70
....
....
Cotton freights the past week
have been
June-July delivery,
July-Aug. delivery,
table
15,346
18,165
....
...
....
Orleans, before reported
demned and sold.
5-32d.
Friday.
shipment, sail, 6 7-32d.
34
(S.)—Bark Nictaux,
May 31, for Barcelona, with the (Br.), Masters, sailed from Bermuda,
cargo of the bark
June-July delivery, 6d.
July-Aug. delivery, 6 3-32d.
Aug.-Sept. delivery, 6 3-10d.
Sept.-Oct. delivery, 6
7-32@]4d.
June-July delivery, 6 l-32@6d.
June-July delivery, 5 31-32d.
Aug.-Sept. delivery, 6!>£@5-32d.
Kov.-Dec.
Bremen.Hamburer.Barcelona.
Bremen.Hamburg.Barcelona.
Total.
6 0
give all news received to date of
disasters, &c., to
vessels carrying cotton from
United States ports :
Nov.-Dee. shipm’t, sail, 6 7-32d.
Aug.-Sept. delivery, 6 5-32d.
Sept.-Oct. delivery, 6j^d.
form,
Resoluda, bark,
Aug.-Sept. delivery, 6
June-July delivery, 6d.
July-Aug. deiiverv, 6 3-32d.
our usual
900
303
Below
Jmy-Aug. delivery, 6d.
6 l-16d.
72
8,620
....
...
Total
Thursday.
July-Aug. delivery,
1,835
810
Boston
5 31-32d.
Sept-Oct. delivery, 6>£d.
Dec. shipment, sail, fc>8d.
June-July delivery, 5 15-16d.
July-Aug. delivery, 6 l-32d.
Aug.-Sept. delivery, 6^d.
8ept.-0ct. delivery, 6 3 16d.
Juue-July delivery, 5 31-32d.
June-July delivery, 6@5 31-32d.
Havre.
Philadelphia... 1,335
July-Aug. delivery,
32d.
303
1,335
shipments, arranged in
8,750
Charleston
Savannah
Baltimore
Sept.-Oct. delivery, 6 7-32@3-16d.
Wednesday.
Aug.-Sept. delivery, 6 l-16d.
Sept.-Oct. delivery, 6 5-32d.
1,550
....
37,604
The particulars of these
are as
follows:
:>ool. Cork.
Liverpool.
New
Aug.-Sept, delivery, 6>£d.
June-July delivery, 5 3l-32@15-16d.
June-Jnly delivery, 5 15-I6d.
July-Aug. delivery, 6d.
900
890
70
...
Total
Tuesday.
June-July delivery, 6@5 31-32d.
July-Aug. delivery, 6 l-16d.
Aug.-Sept. de’ivery, 6 5-32@>£d.
Sept.-Oct. delivery. 6 7-32d.
Oct.-Nov. shipment, sail, 6 7-32d.
Aug.-Sept. delivery, 6 5-32d.
June-July delivery, 6d.
Juiy-Aug. delivery, 6 3-32d.
547
®
a
steadier
[Jute 9, 1877.
THE CHRONICLE
548
Wheat,
The following are the
Floub.
i
Wbbl. |4 CO® 5 25
No. 2
Superfine State & West*
ern
Extra State, &c
WeBtern Spring Wheat
extras
do XX and XXX
do winter X and XX..
do Minnesota patents..
City shipping extras
City trade and family
brands
Crain.
No. 2
No. 1
5 750 6 25
15
50
25
00
6 75® 7 75
70
85
75
90
1
05
1
55®58>£
59®
61
59®
63
60®
97
White
8 00® 9 25
Barley—Canada West...
State, 2-rowed
State,
4-rowed
Barley Malt—State
1
1
Canadian
Peas—Canada.bond&free
38a
61
44®
90®
70®
75®
90®
10®
00®
65
1 10
Peoria
In store at Boston
In store at Toronto
Iq store at Montreal
In store at Philadelphia.*....
In si ore at Indianapolis
In store at Kansas City
In store at Baltimore
Rail shipments, week
1
1
1
1
2
64®
£0®
60®
£0®
80®
1
1
1
....
spring
Corn-West'n mixed, new
Yellow Western,
Southern, ne.v
Rye
Oats—Mized
mily brands
8 09010 00
Southern shipp’g extras.. 7 00® 7 75
Rye flour, superfine
4 50® 5 00
Cornmeal—Western, Ac. 3 10.® a 30
Corn meal—Br’wine. &c. 3 45® 3 50
The movement in
spring
Red Western
Amber do
White
6 to® 6 90
G 750 7
7 25® 9
7 00® 9
8 C0@11
In store at
Wheat—No.3 spring,bush $1 45® 1 55
Southern bakers’and fa¬
lows
bush.
closing quotations :
do
Afloat in New York
do
Lake
June 3, 1876
*
121,405
I23,702
103,724
147,648
7,865
4,821
3,1*23
16,246
27,113
30,000
320,000
25,967
23,057
25,000
4,796
137,066
156,971
3,084
4,335
25,853
32,533
196,851
287,351
304,000
57,383
1,089.504
£66,600
55,670
220,456
1,030,500
>
18177.
Since
For the
Jan. 1.
week.
EXPORTS PROM
YORK.-
18177.
Since
For the
Jan. 1.
week.
Same
time
1876.
■
■
21,496
73,913
18,cci
11,143
169,914
740,595 610,747
661,560
899,806 746,981
512,612 209,600
TRADE.
Friday, P. M., June 8, 1877.
,
,
4,040
n
250,333
THE DRY GOODS
-RECEIPTS AT NEW
p,
bush.
46,731
Estimated.
:
NEW YORK.18 •;6.
Since
For the
week. Jan. 1.
„
83*.271
has been as fol¬
breadstuffe at this market
hush.
bush.
4,374,007 9,447,500 2,339,862
5,184,000 10,426.924 2,302,046
5,123,337 10,319,463 2,192,778
10,687,6^0 5,288,779 3,125,327
Total
May 26, 1877
May 19. 1677
75
80
1 10
1 30
1 20
3,526
43,983
265,613
98,885
Barley, ,Ry<v
Oats,
Corn,
bush.
has been a continued light move,
nearly all descriptions of goods from first hands, as is
usually the case between seasons, though large deliveries of
woolen goods were made to the clothing trade in execution of
orders. California jobbers were rather more liberal in their pur¬
88,589
2,726
chases, but, as a rule, buyers from other sections of the country
The following tables show the Grain in sight and the move¬
bought only such goods as they required for immediate sales. In
ment of Breadstuffs to the latest mail dates:
some cases, however, the large Western jobbers showed a dis¬
RECEIPTS AT LAKE AND RIVER PORTS FOR THE WEEK ENDING
position to take hold of considerable lines of brown sheetings,
JUNE 2, 1877, AND FROM JAN. 1 TO JUNE 2, 1877 :
&c., when obtainable at a slight concession from holding rates, in
Rye*
Barley,
Oats,
Corn,
view of a probable advance in Westward freights on the 1st of
Flour, Wheat,
bush)
bush.
bush.
bush.
bush.
bbls.
(56 lbs.) (32 lbs.) (48 lbs.) (56 lbs.. July, at which time many freight contracts will expire. Values
(196 lbs.) (60 lbs.)
At—
53,360
334,202
5,73^
34.636 1,267,197
12,909
Chicago.
4,92° of both cotton and woolen goods were steadily maintained, and
5,740
64,220
20.050;
120,578
24,940
Milwaukee
21,104
at the close of the week some makes of the former developed an
35.411
210,527
591
Toledo
7
8,500
13,182
4,<01
3,330
1,663
Detroit
6.3C0
28,100
upward tendency.
.
659
11,950
*1.588
Cleveland
2,847
84,137
272,650
£0,015
7,650
St. Louis
Cotton
exports
cotton
Domestic
Goods.—The
of
goods from
6,100
5,850
73,900
115,600
3,825
1,400
Peoria
this port to foreign countries for the week ending June 5 reached
Duluth
25,911 1,242 packages, which were shipped as follows : U. S. of Co¬
70,450
618,845
1,901,975
218,445
50,540
Total
17.404
110,310
547,325
289,568 1,329.798
74,380
Previous week
75,322 lombia, 468 packages ; Mexico, 164 ; Hayti, 114; Great Britain,
142,253
1,005,403
1,721,378
Corresp’ng week,’76 116,232 1,992,492
12.827
21,662
511,601
865,021
’75. 113,289 1 ,229,976
110; Brazil, 85; British Australia, 61-; Hamburg, 50; Butch
826,455
2,209,743
7.144.660
Total Jan. 1 to date. 1,750,401 7,064,051 29,241,480
602,535 West Indies, 25 ; British North American Colonies, 28; Cuba,
Same time 1876
2,155,160 16,056.088 27,296,951 8.818.661 2,754,313
1,497,617 437,147
7,-04,877
Same time 1875
1.903,870 18,258,528 19,211,631
Brown sheetings were in fair
652,048 30; Peru, 20; China, 20, &c.
2,135,151
Same time 1874
2,781,879 31,596,731 22,364,809 10,966,694
most
relative
activity
demand,
with
in popular four-yard makes,
8,275,393 2,684,004
Total Aug. 1 todate..4,104,093 36.457,036 69,191,381 18,190,450
7,440,911 1,822,385 which were distributed in liberal amounts at low prices. Pep23,471,293
8ametime 1S75-6... .4,461,061 55,898,781 47.795.623
19,734,631 5,424.850 1.153/. 67
Bametime 1874-5... .4,572,138 53,697.967 38,441,530
22,271,480 6,913,358 1,663,714 perell fine brown sheetings were advanced £c. at the close of the
Same time 1873-4... .5,550,952 72,033,056 48,802,214
week* when brown cottons generally were firmly held. Bleached
♦Estimated.
sheetings ruled quiet and steady, and there was only a hand-toSHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND
mouth demand for colored cottons ; but corset jeans and satteens
RIVER PORTS FOR TIIE WEEK ENDED JUNE 2, 1877,
were in fair request by jobbers and converters.
Grain bags were
AND FROM JAN. 1 TO JUNE 2.
Rye, more
Barley,
Oats,
Corn,
Flour,
Wh-at,
Western
freely
taken
by
the
and
Canadian
trade, and
bush.
bush.
bush.
bush.
bbls.
bush.
24,144
3
95,40)
closed firm with an upward tendency. Print cloths were quiet
-6,003
June 2, 1877
54,412
481,212 1,‘>14,871
19,220
124.351
290,806
75,432
446,892 1,449.035
and firm on the basis of 4fc. cash, for extra 64x64 spots and
May 26, 1877
52,2:6
9,564
539,810
Cor. week’76
114.748 1,802.011 1,81:6,463
8,582
13,525
607,277
550,122
futures, and 3-f@4c. for 56x60s. Prints were quiet but steady,
Cor. week’75
102,476 1,510,450
8,680
25,278
635,519
Cor. week’74
110,587 2,631,634 1,709.0 ;4
8,367
18,364
and there was a fair movement in dress styles of ginghams.
925,718
Cor. week’73
149,511 1.321,972 1,222J 67
.
•
.
•
•
•
During the past week there
827,956
68,757
9,797,461
5,657,056
193,348
30,135
2,072
942,655
360,338
8,485
488,981
42,707 1,127,053 1,528,270
Flour, bbls.
104,398
75,249
113,808
4,775
C. meal, 44
123,279 3,453,907
8,055,035
1,487,223
333,118
Wheat, bus.
624,050 8,524,825
Corn,
“ .1 ,118,623 9,293.242 7,706,572
496,565
232.635
6,CG0
325,974
Rye,
“ . 36,433
291,426
1.877,502
50,152
Barley. 41 . 315,693 1,493,755
68,815
5,562
350,873 3,720,301 4,127,300
Oats....44
23,126
5,493
•
•
•
ment in
.
,
•
•
•
•
•
•
•
•
..
•
•
•
-
•
•
•
....
....
....
....
14,580
741,314
628,728 2,538,532
Domestic Woolen Goods.—There was a fair hand-to-mouth
1,750,917 564,371
5,220,077
21,067,618
6.587,674
535,349
for special makes of spring-weight woolen goods for
demand
1,140,268
15,938,326 23,379,003 6,494,106
835,065 253,298
5,258,245
12,461,207
11,793,652
men’s wear, and while new transactions in heavy weights were
22,246,239 13,363,219 6,415,431 1,201,371 2,324,290 less
frequent than when last reported upon, large
RECEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THE caesimeres, wool suitings, worsted coatings, and overcoatings were
JAN 1 TG JUNE 2.
WEEK ENDED JUNE 2 1877, AND FROM
made to the clothing trade on account of orders. Cloths
Rye,
Bariey,
Oats,
Corn,
Flour, Wheat,
bush.
doeskins moved slowly and in comparatively small parcels,
bush.
bush.
bush.
busn.
bbls.
20,765
91,801
Total Jan. 1 to date. 1,757,638
Same time 1876
2,317,311
2,or,933
Same time 1875
Same time 1874
2,545,14 1
Cor. week’72
deliveries of
and
and
very little animation in satinets or Kentucky jeans, |
there
though rather more inquiry was made for the latter. One of the
features of the week’s business in this department was a public
sale of printed felts, crumb cloths, &c., being the balance of pro- j
,
AtNew York
Boston
Portland*
Montreal
1,200
13,538
6,350
8,015
4,831
.
.
.
Philadelphia
Baltimore
New Orleans
Total
Previous week...
Cor. week’76..--.
....
107,525
154,548
170,235
...
...
...
260,179
890,245
40,8t0
173,358
5,500
•
•
•
7C0
37,000
1,370
238,531
307,300
47.900
,
,
,,
20,650
5S8.000
13,500
•
-
*
18,093
16,472
....
2,201,027
2,746,772
2,215,515
401,753
358,038
730,907
••
482,920
301,8i 8
2,596,429
was
'
....
•
137,001
24,200
•
47,725
60,950
271,885
53,625
-*
-
•
4,503
1,000
•
....
well
and crumb
Livingston Mills, Bristol, Pa. The sale was
attended by the carpet trade and a few manufacturers,
cloths brought good prices, while printed felts sold low.
were taken to a moderate amount by California buyers, but were
otherwise inactive, and carpets ruled quiet. Worsted dress
were lightly dealt in.
duction of the
53,225
98,650
32,182
65,028
20.350
101,892
569,886
....2,845,987 3,033,716 35,126,575 6,568,496 1 ,232,708
...,3,707,765 14,764,734 32,882,239 8,087,309 1,881,584
....3,685,914 11,321,883 22,898,6^2 6,755.613 301,683
6,664,789 702,290
Same time 1874.. ....4,618,377 22,402,938 19,866,198
Jan. 1 to date....
Same time 1876..
Same time 1875..
404,351
97,099
572,126
Flannels
goods
quiet in
fall
tra(*
The Visible Supply of Grain, comprising the stocks in
quantity
of
granary at the principal points of accumulation at lake aiid
seaboard ports, and in transit on the Lakes, the New York canals assorted goods in filling orders from retailers in the interior.
and by rail, June 2, 1877.:
Silks were in light demand and dress goods remained inactiv
Rye,
Barley,
Oats,
Corn,
Wheat,
Dress linens were in moderate request, but housekeeping, shi
63,656 210,715
955.712
433,863
431,0:0
Plain and fancy whi
In store at New York
29,500 ing and clothing linens moved slowly.
3,600
41,000
1,500
In store at Albany.
3,562
8,375 goods, embroideries and laces found a good many buyers in tL
17,103
227,068
128,681
377,510 150,281
406,195
1,lu9,9:37 3,953,563
59,198 auction rooms, but were quiet in importers’ hands, as wer
59,973 -145,195
57,622
1,058,908
ribbons and millinery goods, aside from dark shades, which we
80,000
In store at Duluth*.
144.153 1,025.737
taken with some freedom in anticipation of future wants, whe ■
22,751
167,703
1,200
*
Foreign Dry
Estimated.
Goods.—Imported goods were very
hands, and will probably continue so until the
commences,
but jobbers distributed a moderate
first
bush.
bush.
bush.
bush.
bush.
31.000
..
•
•
•
•
•
•
•
•
64.247
42,386
Instore at Oswego*.
In store at St. Louis.
75,0'JO
17,654
45,000
438,672
7,500
86,178
•
•
• •
•
•
•
•
•
•
•
•
•
•
•
•
412
•
•
•
.
•
25,292
48,903
offered at low prices.
June
9, 13V7.J
THE CHRONICLE.
Iiupurtalious of Dry Goods.
fixporis ol
ending
corresponding weeks of 187G and
follows
as
1875
Pkers. Value.
2.'8
$132,269
Manufactures of wool....
cotton
do
do
do
cci
79:)
£01
..
silk
flax
Total.
147
560
$: 50,330
withdrawn from warehouse
1,594
382,536
147,007
.
,
226
1,107
$99,313
51,911
$570,964
2,935
$353,168
955
750,330
1,594
570,964
$195,865
2,935
557,291
Total thrown upon m’k’t. 4,560 $1,037,966
3,316
$924,132
3,940
$753,156
41
£56
Miscellaneous dry goods.
849
£
'O
$104,432
59,873
68,694
102,336
17,633
l
a)»O^CO«O^W-.f-.iNrco.j-*'Or-o«,0^(Xlin'»OiOO
OClMOJlO-— C* d 1C CO
CO
o
t-®o^roor^ic CJ5'?,*-<cx)'s'Tj'T-<rj'TT'C-»c;ooO'^-ioeo)ooio
•
•
:
qo r
%
gd co
$ 14,198
2
—I
1,674
^ddent’d for consumpt’n 2,88 i
$219,223
85.623
silk
295
100
213
141
-r> ^a*
o os
85,040
50
flax
621
118,985
287
Miscellaneous dry goods. 1,427
26,089
55
do
do
do
cotton..
47,56)
40,6.6
53,072
2.836
$534,960
750,333
1,594
Total entered at the port. 5,722 $1,285,290
2,343
.
....
22,995
Add ent’d for consumpfn 2,883
749
$218,430
aj
4,452
$804,914
O
c* cg
.
o in us o go ’-<
•-
GO
•
rr, <M 0_^uCO — rr
ft
*-*
o-1
^
in cr
♦« « m
1 - Oi Cl m i— —
J5J)
— T-l
,
«
c» o> m
•
CO r>
W)vjn
’4.926
8,725
Earthenware.
15,757
15,142
137,951
Glass
132,240
Glassware..
Glass
8.3:6
3,706
2,904
10,829
10,460
plate..
Buttons
Coal, tons
Cocoa bags...
Coffee, bags...
Cotton, bales.
•
Drugs, &c—
Bark, Peruvi
Indigo
Madder
Sodaash
Furs
Sunny cloth
is
9
&nd
3,
and
Hemp, bales
Hides, &c—
Bristles
Hides, dressed..
India rubber
Ivory
Jewelry, &c.—
Jewelry
*’
Watches
Linseed
Tin slabs, lbs....
Paper Stock
Sugar, hhds, tcs. &
15,880 Tobacco
960
946
2 5
17,611
22,716
1,727
2,952
''
58:
•
15,175
Champagne, bks.
*
-
•
71,554
323,178
147.578
261.363
914,033
703
2,713
27,313
2,082
19,986
316
1,223
1,295
1,307
182
253
ides, undressed..
&c.—
pices,
Cassia
35.916
Ginger
Pepper
Tj*
284,999
57,945
f) pro-
j
well
crumb
annels
j
•
CO £5
Ashes
pkgs
•Breadstuff s—
Flour
were
in
goods
Corn
“
Oats...
“
“
Rye
Barley&inalt “
Grass seed...bagi
Beans
£ea9
Corn
£°ti°n
Logwood..
’
'.'.'..No,
Spirits turp
Rosin.
.
1,493,755
73,318
1,817,502
67,563
40,571
G™deturp..bbls.
Tar
232,535
147,032
113,808
bales.
Heather
sides.
Mo asses
hhds.
Molasses..... bbls.
Naval Stores—
r
325,974
bbls
bales
Hides
“
«»
*
Same
Pitch
«
313,267
2,473
1,832,536
29,321
Cheese
Cutmeats
Eggs
Pork
Beef
Lard
75.249
Lard
394,655
1,148 Rice
1,492,705 Starch
35,194 Steariue
45,516
707,372
1,757,685 1,862,643 Sugar
363
66,956
865
25,155
125,336!
13,2821
34
Su^ar
.bbls.
“
..
“
“
“
“
“
kegs.
pkgs.
‘‘
“
‘
:
I
TJ> CO
I- T|*
CO OO
Tt« oi co o
co
lO in OJ TlrtTf
t* t- T-l Ol T-l o
;
.
cn oo
.CSt-i
• T-l r—
•OOTO'ZJdO-i’T-'O'JD-P
‘Ol
t-_OI CO
CO 'i* T-l 05 Tf OS l- O
t-7
o
>.<n
t-7
oin
o
05 OS
CO
os
t-T
OS CO
f'
oO
CO
oeo
Sp.S
.2
O: Tf -o
>00*0
GO Ol t—4
—«
co_rr
o#
co oo
i- cs
TT tJT
MO
ip-HinaJO
h
o®»
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o
80,250
152,632
176.401
2S.770
CO
1
I
coos
T-, H
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cr —.
c: oi
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•
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•
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•
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CO 00 00 TJI t— o -71
zT
Sc
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CO
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CO
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• —
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m
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320,510
28,048
co
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•
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,
,
le
i,
.
.
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•
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•
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4
' ' '
' ' ’s'
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?oo»m m<
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co m oo
•
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q(S
CO
5 2^
.cni-ast-co—.05—
aooo
-ai
•
i
•
0 50
O 5? WCJTI
*05 O
‘VN
*N
5JW
S
*0 CO
>00 Cl
ao
05 l—
• —
■
ffiiCiTjim
.tjios
CO* CO
•—
•
-i-
•
I-
•
J
‘of
8" * ’
wwV'of®
®
oo
”
T-l
co'
o
•
to
Qo
.«»«
a
c-
•Of -'I
•
•m
•
tti
•
•
o
*
•
•
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^ •;
;
■ i— to co
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—
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*
<M
oo
ggS
f-«
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:S§
co •?* r™
o co
f:
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-
d
1.848
304.938
93.833
101,450
21,817
188,127 '
20,515
18,653
47,627
172,321
6,530
21,235
143,193
11,712
440,043
293,336
231,216
165
87
hhds.
11,775
32,147
84,563
8,731
20,604
88,795
39.930
59,3o4
21.076
59.048
o
.*-i
.
Ht •|s::5::5:S2 :Sls i|i
5 £=♦'
200,551
2,447
34,657
436,682
293,282
418,685
281,662
24.249
77,126
.as
•
•
•
9,675
*2
”
.
*
156,600
T-l
CO P>»
oc rrs
t- i- o
*
281,183
249,609
2,0.73
127,353
6,585
56,083
in'
coco
20,6)0
461,043
192,7t6
bbls.
40,029 Tallow
pkgs.
“
Tobacco
hhds
1,171 Tobacco
23 538 Whiskey
bbls.
bales.
104,347 Wool
8,729 Dressed hogs.. No.
•
—.
«
Since
Same
Jan. 1,77 time 1876
1
ior-o NOJffi
'
IC o no™
'000 3) 50 l- os
•
-era co
cs o
■ V f*
610,561
103,403
89,563
203.596
213,168
17,517
pkgs.
1,127,053 1,528,270 Oil, lard... v.bbls.
1,467,223 8,055,035 Peanuts
bags.
9,283.242 7,706,572 Provisions—
Butter
3,720,301 4,127,30)
pkgs.
.bush.
meal., bbls.
Hemp...
2,590
r- I
—•
•
27,155
53,902
108.579
16,275
Oil cake
bbls
bush
Wheat
3,500
d
oco-ininoicoQDTPON
on
n>
I-
.
ov
.m
.
time 1876
OO
48,51
The receipts of domestic produce since
January 1, 1877, and for
the same time in 1876, have been as follows :
Since
•Jan. 1,’77
1.0 co
so
Cl
43,312
Receipts or Domestic Produce.
public
O Tt<
»n co
<Jj on "D
* co
*n
eo O
SB ®
Cork
Fustic
Mahogany.
jeans,
411
1,001,185
401,039
351,201
635.400
561,4(53
5.677,999 3,643 928
117,272
71,333
Rice
665
CCW
%
Nuts.
Raisins
•
75,997
24,609
511.309
20,509
Corks
Fancy goods
15,965 Fish
20,276 Fruits, &c.—
l,93o
Lemons
2,729
Oranges
1,589
26,805
35,202
47,452
10,738
10 57;
1,028
394 2)2
323,348
854.4)3
571,053
value—
572
9,439
31,666
344
Wines, &c—
16,536 Cigars
26U
1,759
311
281
(O
,
»-
1,551
1,414,870
»
.
Of (T«
.ICS
•
•
specified.]
246,313
I
>
Tji'co”
.
r-1
»h
Wines
2,076 Wool, bales
1,862 Articles reported by
156,168
42,855
Molasses
of the
is
Tin, boxes
12,663 Waste
2,490
3,708
Hair
were
3,268
12,868
22,904
1,833
Flax.
ies of
Steel
W *' J
co co
50,3
23.31)5
377,159
110,230
20,988
27,634
390,949
381,896
4,135,104 4,372.235
77,942
62.7 33
bbls
726,002
2,308 Sugar, bxs & bags.
850
Oil, Olive..,
Opium
Soda, bi-carb....
Soda, sal.../....
lor
13 458
11 8 0
Lead, pigs
Spelter, lbs
Tea.
Gambier....,
Gum, Arabic....
were
4,053
2,4t,5
920,700
l,3o4
Blea. powders...
Cochineal
Cream Tartar...
aottth
10,655
Hardware
UU
:S to Oi m i
'o o in t- o
CO of oo
.
•iOQSH-h
i—<
.
•
•co.hooci
O 00
c-
th
‘in
.
o L-
VjrtW
Earthenware
China
T—■
O' (M
Ol PI
Metals, &c.—
Cutlery
U*.*
,
Since
Same
Jan. 1,’77 time 1876
Jan. 1,77 time 1876
w,
rH T*
in
C* f}*-
c?
—>
in
table, compiled from Custom House returns
imports of leading articles at this port since
January 1,1877, and for the same period in 1876:
Same
«l. t—,
m C'J f < C T CO Tt QO « Cl: O
ifG 1
t-i y->
y-<
t-i I-
TP
•
AO ^
Oi
•
The following
shows the foreign
Since
' I ■
o
-•
a
t: pc*
when not otherwise
t<LV
in
im
H
Imports of Leading Article*.
[The quantity is given in packages
I
p co m* co o'o'irT *r of <-7
X3
15,227
$S19,394
o
CO
’
tor'aooioowin
i£
C
—,
37,251
38,830
73,268
576,961
-"t" tfo
5i
ci o
„
$53,047
1247,623
557,291
o' o’
x> oo
ct-Kioooaoi
ao
,
rA
1,467
2,985
o'
•-
’
Total
*-.r o6
o
O O JU' c «
'•'•
»-<
27,761
58,524
51,884
13,798
214
118
54
463
618
ao" irf o<7 *n
t-Oii-ic*
CO Tf t> C2 GO Ot •—> —> —
'.'I « ri M CO
OJ
»
$84,564
Ct
T-
r-lOOOTJI
393
Oi
3
2T. O TT
Co'tp" -o' O —
s- *•" rr
*-
ENTERED FOR WAREHOUSING DURING SAME PERIOD.
Manufactures of wool....
c.T.ro
o
t-»
o3 “"cooiocr. os O Tv
<
Total
,
tt1
»-< ri'fl'02 Oi
ao as o r-o
c-
•
113
91
59
215
477
»o co co
-
CO o
- ,-t
OOl-lGtO
.2 >>
$557,291
1,752
silk
flax
*0 P
-«C
t - OO I—
QQ
$287,636
202
^
o'
55,931
46,261
75,6:0
14,441
cotton..
:n
r-<
>—
100,127
111,030
252
225
74
472
729
do
do
do
CJ
rfi .ZJ
C/2
CO
AND THROWN INTO THE MARKET
DURING THE
SAME PERIOD.
981
portof New York
£
,
203,975
80,930
82,150
205
7, 1877.
229
493
280
870
Yorli.
all the principal
foreign countries, since Jan. 1, 1877, the
totals for the last week, and also the totals since Jan.
1, 1877
and 1876.
The last two lines show total
values, including the
value of all other articles besides those
mentioned in the table.
1877
Pkus. Value.
$72,511
131,392
307
400
137,734
70,193
2,886
Manufactures of wool....
183
491
205,91)9
19S.2G5
1,2*0
Miscellaneous dry goods
218
143
-1876Pkss.
Value.
from New
to
:
entered for consumption for the WEEK ENDING
JUNE
Leading Ariiclen
The following table,
compiled from Custom House returns,
shows the exports of leading articles from the
The importations of dry gojia at this port for the week
June 7, 1877, and for the
1875, have been
549
20,097
35,543
—4
«ook 2*^
*
•
:lsls
3 : :
' '
S
•
• co
.cooo
.QJ»
J5s
1-.
o
co'
®®
—.
•
:
Sd
*3oar—
-S.S :S|»s
' IS
S'
•
:
ino«’“T*tO(T)5) 'ig
•pt-g82§S
o
IP-1
•
'
as
w
r*
22 t'-
ao
rifi
n
n
co
H
r^r-4
«f
^3
-
ri
ao n
32®
® ® ® tn ® ^ P
22 p ^ a p p p-«o
,.X)PPPX3P a-*-
5
®
E4
«
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•
s'
3n
‘ '3' S“ "^'53
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CO
:Sg3 :
iSs •5SS3^
M
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:5
.
B
•
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fl b ®
^2 ®73 ” E
osp
•
rt
* ©
52
Cfl
*
: ?
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cc a*
^ © Cj
I
r;
8§^sasasl~ OOMW555WHSS^3C|J
o o
*
o
OO
13
w
S
®
: :
_0-*->c3^3
©
8
cu,
•
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fe P
2S2ls~'JS.
O
O
o
.
”
-2'c* ’ g
05E-*
.ss
'
HAYNorth River shlDP’ug
PRICES CURttENT
A3HEF—
Pot, first sort
frft.
BEADS TUFFS—See special report.
GILDING MATERIALS—
Bricks—Common
Croton
Philadelphia
....
3 no © 6 00
8 00 @ 10 IX)
©
...
...
1 15
...
Orinoco,
California,
33
@
Matamora*.
do
© 38 00
Maracaibo,
Bahia,
do....
© 75 00
28
18
©
©
Savanilla,
WetSalted—Buen. Ay,
Para,
@ 5 to
•
II
13
13
13
13
©
©
@
10
s
©
@
CHEESE—
..frft
State factory, fair to choice
frft
6
Western factory, good to prime..
COAL—
•
20
16
16
13
a
12
9%
10 00© 11 00
13 00a U (H)
Anthracite—Prices at last Auction, or by June
:
Auc.
Bt’inb.
burgh.
Hoboken,
May 29.
$2 75
May 29.
$2 40-2 52
Grate...
Egg
Stove...
Ch’nnt..
2 67-2 SO
2 80
2 75
2 67-2 SO
COFFEE—
Bio, ord.
do fair,
gold.
“
gold,
I'Jamaiia
Maracaibo
Laguayra
.
“
“
go id
Savantlla^
gold.
Costa Rica
COPPEK-
@
@
©
Argols,refined
Arsenic,powdered
Bicarb, soda,Newcastle.fr 100ft
frft
Blchro. potash....
Bleaching powder
fr ltU ft.
'
2h&
golu.
Argols,crude
“
13
1 5U
Brimstone.crude, per ton
gold.29 00
Brimstone, Am. roll
fra..cur.
3
Camphor refined
“
32
Castor oil, E.I. in bond, fr gal. .gold.
85
fr 100 ft
Caustic soda
22
Chlorate potash
frft
65
cur.
Ginseng
23 ©
8 X®
cnr.
.......
—
Licorice paste,Sicily
licorice paste. Spanish,
Madder, Dutch
solid
Madder.French
JNutgalls.blne Aleppo
4 I
21
21
*4
40
44
25
.gold
26
5%
74
2 00
24
@
48)
@ 4 50
© 1 25
© 1 20
Shell Lac, 2d & 1st English..fr ft .cur.
21 @
25
Soda ash
fr UK) ft. gold 1.2X3 195
19
Sugar of lead, white, prime.fr ftcuv.
... @
47
cur. 4 40
Rhubarb, China,good to pr.... “
50
Sal soda, Newcastle.. fr 100 ft, gold
1 17
gold.
“
PVitriol, blue,common
FI3H_
Bank cod.p.qtl. 3 00 ©
George’s and Grand
Mackerel,No.l,vf. shore
Mackerel, No. 1, Bay..
.
Mackerel,No.2, Mass, shore
Mackerel, No. 2. Bay
FLAX—
North River,
5
pr.bbl. 19 00 @ 21
13 00 @ 15
8 50 @10
None.
o1.
50lb.frail
do
lb.
Figs, layer
••
fr case
Canton Ginger
Sardines, fr hi. box.
9ardlnes.fr or box
Macaroni, Italian
Domestic Dried—
do
do
do
do
sliced
fr ft
frft
quarters, (new)...,
State,sliced, (new)
quarters, (nrw).
Teaches,pared,Ga. pr. and cb.(new)
do
unpared, halves and qrs,....
do
Blackberries
Raspberries
Cherries
P1nms. State
Whortleberries
15
®
....®
4 00
1 Si
i
i5xa
10X0
Jh>5
....©
6 x®
Dates
Apples, Southern,
®
14
n**
hX*
French
9)
50
00
UU
00
! 90
V m
prime
FRUIT_nlH Raisins, Seedless. .... per
do
Layer, new
do
Loose Muscatel, new
do
Sultana, new
per
do
Valencia, new
Currants, new
Citron, Leghorn
Prunes, Turkish fnew)
11
5X
18* *
7%
8M
....@
....a
5 @
8 @
@
12
7 50
19X0
125(0
1^3
20
13
13
...
12%@
3X®
4
©
5%3
4
9
6
6
23
,.
14
15
S
@
@
@
®
@
©
<a
@
26
@
@
@
i5y
©
29
24
34
SI
82
@
“
@
54 @
45 @.
66 @
“
47 @
5%
4%
4%
6
4X
15
8
6X
25
16
17
10
fr gall.
**
**
•*
fr gall.
52
56
53
70
60
low No. 1 to good
low No. 2 to good
low pale to extra
window glass
“
No. 1
No. 2
pale..
....
1 90
2 75
6 50
“
“
“
English, cast,2d& 1st quality frft gold
English,spring,2d & 1st quality.. “
English blister,2d& lstquality.. “
English machinery
“
English German,2d & 1st quality “
American blister
cur.
American cast", Tool
American castspring
American machinery.
American German spring
Melado
fciav’a,Box,D. S. Nos.7@9
..
do
do
do i0@12
do
do
do 18©15
do
do
do 16@18
do
do 19©2U
do
do
do
white....Porto Rico,refining,com. to prime,
do
grocery, fair to choitto..
Braz-ll.bags^. S. Nos. 9@11
Java, do. D.S., Nos.lOS-12
Manila, superior to ex. sup
grades
refining to grocery
Relined—Hard, crushed
Hard, powdered
do
granulatea
N. (>.,
25* *
2
32
1 87X
2 50
2 00
4 00
centnt...
iox
8xa
OAKCJM—Navy,U.S. Navy & best frft.
45 @
1 15 ©
72 @
35 ©
70 @
....©
©
1 29©
....©
56 @
fr gal.
*•
“
*•
“
“
Whale,bleached winter
Whale, Northern
“
Sperm, crude
“
Sperm, bleached winter
“
Lard oil. Noe. 1 and 2
“
OIL CAKE—
City, thin oblcng,bags, gold, fr ton
Western, thin oblong (Dom.) cur “
PETROLEUM—
Crude, in bulk
**
Refined, standard white
Naphtha, City, bbls
“
PROVISIONS—
Pork, mess
Pork, extra prime
Pork,prime mesf,
Bcei, plain mess
Beef, extra mess.
"
9Xd
10
fr bbl. 14 20
a 14 40
II
@
“
50 ©
**
'*
OJ
50
14
leaf,
Carolina, fair to'prltne....
Lbuisiaaa, good to prime
44
.fr
ioo
*
St. Martin
Liverpool .various sort
6%
6%
12%
3 00 0
....a
3
....a
....©
1 10 @
SO
85
2 50
100 lb.
Manufac’d.in“bond,
Clover, Western
Clover, New York State
Timothy
Canary, Smyrna
Canary, Sicily...'.....
Canary, Dutch
Hemp, torelgo
Flaxseed, American, rough
bright work
•
WOOLAmerican XX
American, Nos.
Superior,
unwashed
Fair
Inferior
Burry
South Am. Merino,
Good Hope,
unwashed
fr bush.
HX@
1 90
<ui
....©
2 50
©
1
@
l 6U @
fr 56 lb., gold. 2
gold
15 @
@
12
@
12X
Ilk©
12%
1UX
ex
w
:ox
m
11 x
P^@
10 X
m
10%.
111 X®
10X®
9%
0>i©
8K@
Ul l'
12%
U'4
12%
HX
ii%
10%
©
23
30
a
a
43
a
28
83
50
38
56
90
25
33
43
43
21
r—8TXAM.—,
8. d. s. d.
% &932
2 0 @ .
35 0 ©500
5X4....5 ©....
«0
5 0 @....
26
40
65-
@
a
©
@
©
@
@
©
©
a
©
a
a
1 10
33
43
70
1 15
39
42
65
...
‘23
Nominal
25
£3
50
30
45
65
31
45
65
@
@
@
@
@
@
90
30
@
©
@
©
f0
30
13M
IPX*
1CX?
5 70 ©
5 87X®
5
7
10
5
12
75
16%
5 97%
6 UC
6>
16
@
@
to.
@
©
7)
25
@
@
1 la
13%@
21
21
@
H
85
82
47
S3
20
»
@
©
@
©
^
39
52
25
9
23
50
23
S
gold.
,,
frbbl.....
@
@
©
fr ft,gold,net
Corn,b’lk & bgs. fr bu.
Wbeat,bulk* bags..
Beel
fr tee.
Pork
7
9
10
It
A
ToLiyxbpool:
10X
m
m
91'
...@
51
Cotton
...-fr »#.
Flonr
fr bbl..
Heavy croods. .fr ton.
10X
iox
10HQ
lt'X®
s;^©
17
FREIGHTS—
....
iox®
••
Eastern
medium. Eastern
at
9
16
9
10
©
©
@
@
©
unwashed
ZINC—
Sheet
14
fr®
1 & 2
American,Combing
Extra,Polled
No.l, Polled
California. Spring Clip—
Texas,
fr
8b 56 lb.,
black work
Smyrna.unwashed
SEEDS-
—
fillers, ’74- »5.
Texas, fine.
fr ®
..gold
**
“
Pa. assorted lots, ’74-’73
Havana, com.to fine
Cape
SALTPETRE—
Refined, pure
per
9
6%@
n>.
.fr bush.
Tnrk’slsland
11%
....fr ft.
fr ft.
SALT-
7%
fr®
Eng.wrappers’71-,75
heavv
.
9
10
60
.
•
H'X
11X
....©
....©
...©
....©
..@
36
“
•••
‘
....frbxg d.
Seed leaf—New
‘
do
14
@
9X@
10X0
50
SO
25
Plates.char.terne
Kemucky lugs,
9
27
85
gold.fr ft
TOBACCO-
6X@
25
..
Plates.I. C., coke
16
14X@
22
30
56
80
do
Choicest....
Souc. & Cong., Com. to fair
do
Sup’rto fine
do
Ex.flneto finest
“
@
•h t
u ©
....0
4»
RICE—
@ 17 00
@ 14 00
21 oo
• 4
Hams.smoked .,
Lard, City steam,.;
L'nseed,Calcutta
Linseed; Bombay
3
20
li
....
Nominal.
Imperial. Com. to fair ...;
do
Sun.to fine
Extraftne tofinest
do
Hyson Skin.& Twan., com. to fair.
Sup.to fine
do
do
do
do
Ex fine to finest
Uncolored Japan,Coin, to tair
do
Sup’rtottne
“
West..
cur ^ft
Sup. to fine
Ex. fine to finest
Choicest
English,refined
....©
....fr ft
Crude
Nitrate soda
Common to fair
do
Superior to fine
do
Extra fine to finest
Choicest
do
Young Hyson,Com. to fair
do
Super.to fine
do
Ex. fine to finest
do
Choicest
Straits....
0
13 @
2 16
4 CO
8 ©
....@
fr ft.
“
Banca
@
36 00 @
8 25
2 10 ©
1 10>i®
10
TIN—
fr ghl
Cases
1 25
@
11X5#
do
Ex.flnetofinest
Oolong, Common to tair,***
do
Superior to fine
do
Ex fine to finest
..
©
3 00
iox®
10 X®
Prime city,
Western
do
do
do
©
©
3 50
12X©
ux®
Gunpowder, com to fair
9X©
11
5
.,..
TALLOW-
4X@
15
i2xa
12X@
do
cut loaf
Soft white, A. standard
do
otf A
da
White extra C
Yellow
do
Other Yellow
Hyson,
@
@
.
Cuba.mf.to com. refining ....fr ft,
d j fair refining
“
do good refining
“
do prime, refining
“
do iair to choice grocery.... “
do centr.hhds.& bxs, Nos. 8'@13
Molasses, hhds & bxs
frft
....©
fr lb.
shelled
@
©
©
©
2 12X
@
Store Frices.
TEA—
Menhaden, crude Sound,....
Neatsioot, No. 1 to extra
(in bond), gold. * ,d @
potash,yellow. Am..cur.
22 ©
Quicksilver
Quinine
to prime,
Linseed, casks ann bbls
28
23
5
“
6 75
5 75
50 @
“
“
“
Cotton seed, crude
Olive, in casks fr gall....
22
25
7X
©
©
UJ
’ /
Opium, Turkey
Prussiate
gal
“
Pecan
SX®
22
cur.
grades.
grocery
OILS—
@
©
@
@
@
©
4
00
30 ©
Filberts, Sicily
Walnuts, Naples
9
6
11
1*
10
#5
lsv;
40
@
gold.—,
3 75 @ 17 00
4 10 @
8 00
SUGAR—
1-1
31 @
27 @
,
stems
Gin
Domestic liquors— Cash.
Alcohol (90 per ct)
-
80
85
13
89
-
14X@
STEEL—
9X0
Brazil
t
Je
i
..cur.
Brimstone)
“
“
NUTS—
Almonds, Jordan
6\
»
*»Oil vitriol (66
23
23
22
26
“
4 45
23
70
€S
33
gold.
Glycerine, American pure...
Jalap
Licorice paste,Calabria....
:
<a
@
6)%©
prime Am. & Fr
Cubebs, East India
cur.
Catch
Gambler.
LEATHER—
Hemlock.Buen, A’res, h.,m.& 1.frft.
California, h., m. & 1
common hide,h., m. & 1....
"
rough
“
45
*
35
3 @
7
“
44
Cream tartar,
(2
frft.
“
i
f
5S)
49
44
42
42
45
@
©
©
©
....
“
16
Cochineal, Honduras
Cochineal, Mexican
41
43
43
49
41
... ©
5 62%@
«
Whiskey
12
3
Tar, Washington
fr hhl. 2
25 @
Tar, Wilmington
“
@
Pitch, city
“
31X£
Spirits turpentine
fr gal.
©
Rosin, strained to goodstrd.fr bbl.
4 00
*,
12X3
11 ©
NfAVAn STORES-
©
©
2X0
“
“
12
16
@
a
gold frft
(discount, 10 p. c.).'...
Demerara
Porto Rico
N. O., com.
18
26
9
is
5 3-10© 3
i( X©
Sheet, slngle.double & triple, com.
3%@
Rails. Airier., at Works..fr ton, cur. 33 00 @ 36
45 00 @47
Steel rails
do
Barbadoes
fr ft cur.
....
.
Penang
-
22 X
8V
@
6«^@
Brandy, foreign brands
Rum—Jam.,4th proof
St. Croix, 3d proof
11%
17 00 @ 13 00
10 @ 28 50
25
store Frices.
cur.
8
SPIRITS—
13
14
...
13V
23
22 X
21X@
Calcutta
do
a
....
21H@
Nutmegs, Batavia and
Pimento, Jamaica
Cloves
©
@
@
@
@
%X.No.22tol&!%x.l3&!4 “
do
COTTON—see special report.
Singapore
white
Mace
frton. IS IK) @13 00
17 50 @ IS 60
frlOOlbs, gold
7 50
6 50
..
7 75
.•••0
13 ©
22 X®
fr ft,gold
Batavia
do
do
N)%@
fr lb.
....®
6 tO ©
Ginger, African
©
43 ©
30 ©
Cuba, clayed
fr
Cuba, Mas.,refln.gr’d?,50 test.
Sheathing, new (over 12 oz)
Brazier6’(over 16 oz.)
American Ingot, Lake
nRUGS <fc D Y KS—
Alum, lump. Am
......
Sheer, Russia
Oak. rough
Texas, crop
MOLASSES—
fr ».
Bolts
do....
Slaughter crop
at>
18
14
“
»
19
do....
cur.
Cassia, China Llgnea
do
Batavia
iox@
“
16%®
“
"
“
gold.
gold.
St. Domingo
8
Scroll
Hoop,
100 ft.gold.
SPICKS—
Pepper,
Bar,Swedes.ordinarysizes..frton. 130 00 ©132 50
Bar
3
©
10
18
19
gold.
14
IRON-Pig, American, No.1
Pig, American,No.2
Pig, American, Forge
Pig, Scotcu
Sheet
18%©
“
do....
Domestic
.
20
19
gold
do.... cur.
Texas,
gold
A. I. stock—Cal.,,slaught
Calcutta, dead green
“
Calcutta, bufifalo
**
INDIA KUBBERPara, coarse to fine
Esmaralda, pretsed, strip
LEAD—
Ordinary foreign
....3
..©
20 (Si
“
gold. “
gold. “
gold’ “
gold.
2 6J
1 6%0
••
gold.
.Native Ceylon
•Mexican
^
2 75
2 95
2 60
85
75
gold.
do
do
do
do good,
do prime,
Java, mats
2 65
2 75
2 75
2 85
2 65
2 75
2 65
75
75
2
2
2
2
42
52
72
40
car.60and9Cdays.gld.fr ft
1
r
37-2
50-2
.0-2
27-2
2
2
2
2
L. & W.
Port
IUchm’d
Johnson
dout.
Scheu
Schei. Sehtd.
P. A R.
Port
D &H.
R >n-
D.L&W.
cur.
1 •
Nicaragua, sheet
Nicaragua, scrap
Mexicau, sheet.....
Liverpool gae cannel
Penn.
New-
4
do....
do....
Guayaquil, pressed, strip.
Panama strip
Carthagena, nre&sed
Liverpool house cannel
schedule
41
..
16
15
13
17
13
California,
6X3
7%
ll%@
12
180 © 190
4 4
do....
Matamoras
@ 35 00
@ 2 75
© 5 25
3 CO
9^@
10%
8%@
9
<«
•
@ 40 00
©
Cutspikes,allsizes
Taints—Ld.,wh.Am,pure. In oil fr ft
Lead,wn., Amer., pure dry
Sine, wh.,Amer. dry. No. 1
Zlnc.wh., Amer.,No.1,In oil
Parlswhlte.
ng., gold....fr 100 ft.
BtJTTKR— jVeuh .'Wholesale Prices)—
fr ft.
Dairies, pails, g d to p’me State fr
ft.
West’n fact’y, tubs, g’d to ch’ce
1
H’i flrk.,tubs,State, f’r to prime
Welsh tubs, State, com. to p’me
do....
do....
6 75
7 00
Domestic, common
do
**
©
@
@
@
....
5 <5
Foreign
00 ©275 00
8*
8 @
.©
6
S*@
22X3
22X3
20X3
19X3
21X3
21 ©
13 @
yt'V—Buenos Ayres.selected.frftgold
do....
Montevideo,
• 4
do....
Corrientes,
M
do....
Rio Grande,
0*
45 00 @70 00
@ 22 00
Pine, shipping, box
18 90
do taiiy Doards, com.to g’d,each.
25
Oak
.fr M. It. 35 00
Ash, good
. 35 00
70 0u
Black walnut
Spruce boards & planks, each
22
Hemlock boards, each
16
fr M. ft. 30 00
Maple
Mails—10@S0d.cr1 ,fen.<fc eh.* keg
Clinch,IX to
.n.&longer
4 25
“ 270
••
“
“
.-.frft
g
6 00
SPELTER—
HIDES-
23 00 © 27 00
120 ©
80 ©
75
©
frton. 175 30 ©215 00
130 00 @135 00
gold.215 90 @210 00
Russia,clean
Italian
Manila
Sisal
Jute
70
fr 100 lb
HEMP ANDJtlTEAmerican dressed
American undressed
5£
hard,alloat..fr M
fr bbl.
Dement— Rosendaie
Lime— Rockland, common... j bbl.
Rockland, flashing
Lumber— Pine,g’d to ex.dry.fr M It.
..
SILK—
Usual reel Teatless
Usual reel Tavsaams
Re-reeled Tsatless
Re-reeled Cctegon
GUNNIES.—See report under Cotton.
GENERAL
Sddne
[June 9, 1677.
fHE CHRONICLE
550
0
25
8%
sail.
f,d.
u
(3, ..comp.
2 91
....
15 0M
30 0
@FedFRASER