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HI 13 NT'S
MERCHANTS’
MAGAZINE,
paper,
&
REPRESENTING T1IE INDUSTRIAL AND COMMERCIAL
INTERESTS OF THE UNITED STATES.
YOL. 28.
SATURDAY, MARCH 1, 1879.
CONTENTS.
219
Investments, and State, City and
Corporation Finances
220
Banks, etc
215
THE COMMERCIAL TIMES.
225
Dry Goods
225 Imports, Receipts and
%...
230 Prices Curreut
Commercial Epitome
Cotton
Bareadstuffs
....
211
212
214
218
231
Exports
...
232
233
The Chronicle.
The Commercial
and
Financial Chronicle & issued
day morning, with the latest
news
up to
ou
Satur¬
midnight of Friday.
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dana,
ployd, JR.
WILLIAM B. DANA & GO.,
Publishers,
79 & 81 William Street, NEW YORK.
Post Office Box 4592.
1
f
postage
on the same is 18
complete set of the Commercial and Financial Chronicle—
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the office.
a
July, 18^5 to date—or
at
Notice to. Subscribers.—The
price for binding volumes of the
Chronicle (six months’ numbers) has been reduced to
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have no agent who solicits
binding from
and
subscribers,
them for the purpose of such solicitation
does
authority, and should not be understood as
so
having
publishing office.
of
our
readers
that, under the act as it
present stands, it was necessary for the
Secretary to
pay interest as he now does. That is to say,
the law pro
any person
entirely
visiting
his own
a connection with the
upon
are aware
at
vided that interest on the called bonds
until after the
expiration of three
was
not to
stop'
months, while at the
same time he was
compelled to make the sale of the new.
bouds before he could feel safe in
issuing the call for the
ones.
Without
knowing the
provisions of the act, it is
attempt to indicate its effect on ref unding. The
simple change, however, in interest payment might
have more influence than one would at
first suppose, for
would it not affect the market
price of all of the bonds
liable to be called, but which have not
yet been called ?
According to the present practice, the old bonds receive
the whole benefit of the double
interest, and they show
it in the
ruling quotations. They have been largely
dealt in and bought
up at these prices by banks and
bankers engaged in
funding, in the expectation of a
exact
useless to
.
continuance of
A neat file-cover is furnished at 50
cents;
Volumes bound for subscribers at $l 20.
For
most
old
TERMS OF SUBSCRIPTION-PAYABLE IN
ADVANCE:
For
william b.
by this new act changed into thirty days. Conse¬
quently, hereafter, if the amendment passes the Senate
(which we suppose it is likely to do, as Mr. Sherman
proposed something similar in bis December report),
double interest, as it is
called, will be paid only for
thirty days, instead of for the full three months. The
are
THE CHRONICLE.
The Law to Stop Double Interest
The French Republic and the
in Refundin'*
209
Standing Armies of Europe....
How t > Provide for Bond SettleLatest Monetary and Commercial
men sin April
209
English Mews
Policy and Honesty
2i0 Commercial
and
Miscellaneous
News
THE BANKERS’ GAZETTE.
S. Securities,
notations of Stocks and Bonds..
Railway Stocks, Gold Market.
ew Yoik Local Securities
Foreign Exchange, N. Y. City
NO. 714.
therefore,
existing
arrangements.
Any
at present, would seem to be almost
of faith and very
in March, for
the
change,
a
breach
unwise.
Besides, calls made now or
only thirty days, would of course increase
settlements in April, which is also
very undesirable.
HOW TO PROVIDE FOR BOND
SETTLEMENTS
IN APRIL.
.
It would be
folly to disguise the fact that increasing*
INTEREST IN uneasiness is apparent in financial circles
respecting
the April settlements for
REFUNDING.
purchases -of bonds. This
On Thursday, Mr. Fernando
Wood, Chairman of the is not beoause of any new difficulties developed, .but
Ways and Means Committee, reported, and the House is simply a growing sensitiveness
resulting from the
passed, a bill providing that the interest on ca’led bonds nearer approach of settlement
day. As our readers well
shall cease after thirty
days from the date of the call. know, calls te the amount of 150 millions mature
during
We have not seen the hill, but it is stated in
the pro¬ April.
It has all along been acknowledged that the
ceedings of the House as being an amendment of the movements of capital which they will make neces¬
last clause of Section 3,697 of the Revised
Statutes, sary could not be carried through in the ordinary way
which is the same as Section 4 of the
Refunding act of without disturbance. But such confidence has been
1870. That portion of the section reads as follows :
felt in the Secretary’s desire to
keep the money mar¬
8ec. 3,697 ***** But the
particular bonds so to be paid and ket uninfluenced
by
his
cancelled shall in all oases be indicated and
funding operations, that the
specified by class, date,
number, in the order of their numbers and issue,
have
hitherto
public
rested
in this faith.
beginning with the
Naturally,
first numbered and issued, in a public notice to be
given by the Secretary however, as the
day approaches, the difficulties look
of the Treasury, and in three months after
THE
LA W TO
STOP DOUBLE
the interest on the bonds
cease.
it would
seem
so
the date of such public notice
selected and advertised to be
paid shall
that the above
words, i{ three months,”
i
i
more
real, and simple faith, not quite
wavers
under
absence
of,
a
an
self-supporting,
increasing necessity for, and in the
so
tangible plan of operations.
210
r
•
•
"
THE
—
—;—
It must
be
—
admitted
1
the
at
CHRON LOLE
outset that the
whole
monetary situation is, for the time being, necessarily
within the control of the
Secretary. This is unfortunate,
for no one should have such
power, but under the law
as it
stands, and the peculiar condition which the rapid
funding has developed, it could not be avoided. All
the Secretary is authorized to do is
(1) to sell and dis¬
pose of the bonds, “at not less - than their par value,”
half
one
of
being appropriated “ to pay
the expenses of preparing,
issuing, advertising, and dis¬
posing of the same;” (2) with the money derived from
such sales, or with
any money “ of the Treasury of the
United States, which he
may lawfully apply to such
purpose,” to pay for at par and cancel the called bonds;
(3) to exchange the new bonds for the called bonds,
“par for par.” Under these provisions, and under sec¬
tion 5,153 of the Revised Statutes
(permitting the desig¬
nation of banks as public
depositories), the Secretary
has hitherto found sufficient
authority for conducting
all these bond sales and
settlements, and has effected
the exchange, without in
any case producing the slightest
disturbance in the monetary condition.
That, certainly,
is a very good guarantee for the future.
And yet, with the first of April the situation will so
very materially change that some modification of pres¬
ent arrangements
clearly becomes necessary. The plan
now in operation is
not, we think, perfectly understood.
The sales are not made on credit, as
they are sometimes
stated to be.
No authority will be found in the act for
one
per cent
time sales. Hence the transaction is understood
is a cash transaction, each purchaser
to be
and
giving at the time of
^purchase
certificate of deposit for the full amount of the
by the Secretary not to
collect, and lie has the power at any moment—even the
day the purchase is made—to draw in the whole of the
bonds.
a
No agreement is made
purchase price. Such
[VOL. XXVIII.
*" ——
felt; and the experience which the accumulations
1st of
January enforce, would appear to
necessitate a change in the
system of operations. Set¬
now
on
the
tlements
.
of
facilitated greatly by the late
arrangement to accept bonds in payment other than
those maturing ; this is a decided
relief, but by no
are
means a cure.
course
If
possible, a plan should be devised for
dollar of the purchase money out of the
keeping every
Treasury and in the channels of commerce until the very
day it is actually required to pay for its corresponding
bond ; and are we
affirming too much when we add that
some such
arrangement must be perfected, if the country
is to escape
monetary or business disturbance during
April and May, when 250 millions of these calls will
mature.
We have written thus
fully on this point, more for the
of disclosing the defect in present arrangements
suggesting a remedy. But the outlines of a
mode of relief can be
easily sketched. The evil is that
the purchase
money is taken into the Treasury before
purpose
than of
the
bonds
presented, resulting, when there
large calls, in very large accumulations, with a
corresponding contraction of the money market. The
end sought is simply to make each transaction as
nearly
as
possible an exchange of a new bond for an old bond,
and hence to arrange so that the
money shall go into
the Treasury to meet each bond as
presented, and not
are
are
till then.
The
attainment of this
end would
require
only two changes in the existing system—first, the
giving up of the present custom of calling in, two
or three
days before the call matures, of the balance
due on the purchaser’s certificate of
deposit, and extend¬
ing the time of final settlement to, say, twenty days
after the maturity of the
call; that would allow time for
nearly all the called bonds to get in and be examined.
Second—During that twenty days all checks of the
however, wrould be impoli¬
so much capital out of the Government in
payment of called bonds presented could
channels of commerce for three months. In other
words, be passed through the Clearing-House
(of which the
it would be of no possible benefit to the
Government, but Treasury is now a member), and there
provided for
of decided harm to the business interests of the
country. through an arrangement between the purchasers and
Hence, Mr. Sherman does not demand the money, but the associated banks. This is
not proposed as the
only
allows constant payments to be made on account of
it? plan, or as a perfect plan, but as a simple suggestion,
by turning in called bonds, until within tw’o or three
which, we have no doubt, others can amend and improve.
days of the expiration of the three months ; at that time One
thing, we repeat, appears to be certain, and that is
the whole balance still
unpaid is called in.
that some new provision must be made to meet the emer¬
Such has hitherto been the mode of
procedure in all gency, and let those who object to the above
arrangement
these conversions.
It is not, however, a
perfect sys¬ provide a better. Of course, it will be said in
opposition
tem, for the end sought was the simple exchange of a that the
Secretary
no power to enter into such
has
six per cent for a four per cent bond without
any actual a contract.
Nothing of the nature of a contract is pro¬
loss or friction ; whereas this
system requires in each posed. No contract for time exists now. The sales
are for
case the
taking of a considerable balance in money out cash, and yet the
Secretary does not collect the money
of the market, and paying it into the
Treasury three until all but three days of the three months have
days before the call matures, and leaving it all there expired. In this
particular, the change proposed would
for the three days and much of it for
weeks, and be simply the extending of the
Secretary’s forbearance
perhaps months, making no interest to either Govern¬ to collect, but
only in the way suggested, for twenty
ment or banker, in
anticipation of the presentation of days longer. Still, as we
said, we have no partiality
the called bonds. To illustrate its
workings and the for this arrangement. Let a better be
adopted if
extent of friction which has resulted in the
past, it is possible.
only necessary to say that on the 1st of January there
tic,
as
a course,
it would take and keep
Iiad thus accumulated
in the
called five-twenties up to that
sented.
No calls matured in
after
the 16th
of December
Treasury 621,ISO,590 for
time matured but
not
POLICY AND
pre¬
January, and in fact none
until February 16th
(the
The
call
disposition—or, might
BONDS TV,
we not
without
inaccuracy
it, the mania—of municipalities to throw off their
election excitement having checked
funding operations debts, has been increasing and spreading of late. Between
from September ICth to November
IGth), and hence Virginia and her creditors negotiations are in progress
these unclaimed accumulations had been
greatly reduced; for a “ re-adjustment,” with good prospects of success.
but even on February 1st
they still amounted to about But outside of that State the movement
appears to be
six million dollars.
Out of this feature of the
arrange¬ a retrograde one, cities in the North as well as in the
ments for funding arises the
fear, or rather uneasiness South seeking relief through repudiation. The most
M*AitCH 1, 1879.]
THE CHRONICLE.
211
radical
step thus far taken is the well-known one her own people, a 4 per cent bond for replacing matur¬
to
by Memphis.
The act of January 29, ing 7s and 8s.
under guise of a general act applicable to
We do not overlook the
municipal
difficulty of meeting public
corporations having 35,000 population, repealed the debts in communities heavily burdened, sparsely
settled,
charter of that city and turned it into “ a taxing dis¬ and
suffering under an accumulation of calamities of
resorted
trict ” under control of the State.
Two
days after, two which pestilence was the latest ; the case is not that of
appointed by the Governor and a man with the money in hand, who refuses to part with
took charge, but in ten days more the Federal courts pro¬ it.
But creditors are forbearing and not unreasonablenounced the law invalid and appointed a receiver, who The real obstacle to
making some composition and faith¬
has taken charge of the city’s effects (mostly
consisting fully adhering to it, is that the people are restive. Tax
of 3 millions of unpaid taxes) and the creditors are evasion is
universal, but the difference between common¬
commissioners
were
ordered to file claims in due
course.
Now
comes
a
wealths which pay and
former do not carry the
those which do not is that the
report that a scheme is actually to be tried in Arkansas
evasion to the point of dishon¬
to dispose of county debts in mass
by applying this oring debts, while the latter will not submit to inconve¬
repeal to counties by wholesale. Even in a city within nience for the sake of keeping faith. They are
terribly
twenty miles of New York, which has suddenly discov- blind to the real expediency. Jt would be better even
ered itself to be involved in
gle, there have been
if
some
seemingly hopeless struglow whispers lately that,
a
“relief” could be obtained
by imitating Memphis. Almost without exception the
debts of these municipalities were contracted
mistakenly;
in the majority of cases, recklessly; in some, fraudulently; some counties betrayed by their own agents
have no equivalent to show for the money; but
resist-1
worst came
to
worse,
is not confined to the latter class of communities.
The fashion of resistance has been set and it
spreads.
ance
Moral considerations
to have
only one complete out-door suit in a family, each
wearing it by turns while the rest staid at home,
than to resort to these destructive efforts.
True, capital and immigration, other things being equal, shun a
heavily-burdened section ; but repudiation is the heaviest burden, and the very last place
they seek is that
where there is not enough honesty, or wisdom, or enterprise, or pluck, to dispose of debt by working it out..
Capital will avoid places where capital has been loaned
and lost; emigration will not go where
capital will not,
and what is to be the result ? Can
any community
member
apparently have little weight
respects these public obligations. • Obligations to thrive under commercial isolation ? It is time this fool¬
individuals are recognized, but those due by the com¬ ish
disposition to sacrifice future growth for the sake of
munity to an unknown and distant creditor are so avoiding present inconvenience were done
away, and
remote and indirect that they
carry small sense of per- indebted communities put their shoulders
squarely to
sonal claim; responsibility is so spread that it is
dissi-1 the work,
pated, and men who scrupulously respect their private
debts are not shocked at repudiation by the
commu-j^^ FRENCH REPUBLIC AND THE STAND•
nity of which they are part. The act is not theirs—I
INC ARMIES OF EUROPE.
perhaps they opposed it; at least, that intangible and
It is now eight years since the downfall of the empire,,
vague thing, the city, or the county, or the State, did it. and since France became republican in name. It is
only
Considering the difficulty of making personal share and a few weeks since she became a republic in reality as
responsibility felt, it is probably best to put all remon- well as in name. During all these years she was neither
strance on the ground of
expediency and to advocate a republic nor a monarchy of any kind. The Executive
honesty, not so much for its own sake as for the I chief was an elected President; but the institutions of
policy ” which the proverb declares it to be. Repu-1 the empire remained, and the high civil offices throughdiating commonwealths do not prosper. If it is urged out the land, as well as the principal positions in the
that prosperous ones pay their debts because
they are army and navy, were filled by men who, for the most
rich, and repudiating ones dishonor theirs because they part, were devoted to imperial and opposed to republic
are
poor; the answer is that repudiation prolongs the can institutions.
It was not wonderful, therefore, that
poverty and keeps off prosperity. States which disown* many true friends of France and of the republic doubted
public debts have a low commercial standard all through; and feared regarding the final success of the somewhat
they lack capital and enterprise for self development, and protracted experiment. It was a necessity that the
cannot attract vigor from the outside;
they invariably chief offices of the republic, if the republic was to
languish in a condition of semi-paralysis and compara- have a fair trial, should be filled by republicans. It
tively imperfect development. Examples are not want- was above all things a necessity, and for the sameing at home. Mississippi has long been without credit, reason, that the army and navy should be under the
and has visibly suffered thereby. Minnesota has
paid a control and direction of tried and trusted republicans*,
part of the penalty for her shameful repudiation in Patience, perseverance, moderation, skill, promptitude^
higher interest on municipal and private loans, besides and good judgment—all were necessary to bring about
involving her sister States in the same penalty. The the desired change; and no one not blinded bypreju«»
outcome of the Memphis situation it is unsafe to
predict, dice can refuse to admit that in the prolonged struggle
but the immediate results are already visible in virtual which has
finally resulted in a republican victory all those
disorganization. A city government annihilated, if the high qualities were revealed by Gambetta, Grevy, and
act is valid; two commissioners as virtual
regents, if the other more prominent republican leaders,
there is no legal city government; a receiver, if the
As a republic France is now fairly on trial. More
action of the Federal court is the dominant
one; be- than ever she commands the attention of the nations. It
tween these three the
city is entangled, and this will be well if the characteristic qualities which secured
wretched condition of semi-anarchy is the result of a for her the
victory should continue to guide and control
determination not to make sacrifices to pay
debt. On her, now that the victory has been won. As yet we dam
the other hand, the most prosperous State in the cotton not
say we have discovered any just cause of complaints
belt is Georgia.
Her credit is established; her bonds There are, it is true, visible ripples of disturbance on the
stand above par, and she is actually negotiating,
among I surface of affairs; but they are not of a character to
as
>
“
212
THE
CHRONICLE.
[You xxvm:
justify
any feeling of alarm. The new house has, so to *If we
sought for the causes to which we are indebted
speak, just been entered; *md it is unreasonable to
expect for the world-wide financial
depression which has so long
that the house should be
put in order in a day.
There existed we should no doubt find
are
those who
Communists.
the
over-zealous in the cause of the exiled
There are those, too, who seem bent on
are
one
the
large armies which
are
by the different nations
of
of the chief in
maintained, at so much cost*
Europe. Notoriously this is
impeachment and bringing to trial of De Broglie, one of the
greatest evils of these times. It is one of the
Fourtou, and their ministerial associates. It is, doubt¬
principal burdens under which society in modern civil¬
less, unfortunate that such states of public
ized
should
feeling
communities groans, and one of the
main hin¬
exist; but it cannot be said to be unnatural. The Com¬ drances to
human progress and
general social devel¬
munists were deported
wholesale, many of them after opment. On a
peace footing the army of France
little more than the merest semblance of a
trial. They numbers
502,697, with 120,891 horses.
This does
were
certainly not all equally guilty; and many of them not include the
armed
force in Algeria, which
were
probably innocent of the crimes for which they numbers some
560,000 men, of whom 220,000 are
suffer. This, however, is not all.
Whatever their con¬
Europeans. On a peace footing the German
duct may have been, however
army
culpable, they were all of numbers 418,842; the Austrian
army, 292,166; the
them friends of the
lepu^lic; and it would be strange, Russian army,
787,998;
the Italian army, 200,000; the
indeed, if, at this hour, their case did not command
Spanish array, 100,000; the Turkish army for both
attention. The public mind is
Europe
very naturally and very and Asia, 400,000; the British
army,
not
including the
justly excited over the discoveries made regarding the
troops in India, 135,-52; and the other smaller States
intended coup d'etat of the De
Broglie Administration; in proportion. At the lowest estimate
there must
and there can be no doubt that if
impeachment should be at least two and a half millions of
be resorted to there is sufficient
evidence in the hands of
the men now in power
to convict the members of that
Administration of
peace, doing military
this estimate takes no
who are doing
conspiracy against the republic.
duty
duty
men, in times of
the soil of Europe ; and
on
of the
account
many
thousands
board ship and in the navy
on
It will be well,
however, if in both these directions yards of the different
nations. This vast multitude of
the Government should act with caution.
Discrimina¬ men, all of them
able-bodied, not a few of them men of
tion is necessary in any
attempt which may be made to talent, skill and
experience, are not only non-producers ;
deal leniently,
yet justly, with the Communists; while
they
are,
as we have said, a burden to the
the impeachment and trial of De
community.
Broglie and his asso¬ For the existence of such enormous
armaments
there is
ciates, now that they are down and powerless for
evil, no reason to be found except in the mutual
would have the
jealousy,
appearance of persecution; and persecu¬
distrust, or rivalry, of the different powers. There can
tion would
beget sympathy in their favor. It is grati¬ be no doubt that
disarmament, on a large scale, would
know
that there is as yet sufficient power
fying to
in the be felt to be a relief. For such
general disarmament, it
present Government to hold such extremists in
seems
to us, the times are
check;
ripe. An example set
^nd that public
opinion, so far as that can be ascertained by one of the
great
powers would
be sure to
from the press, is in favor of moderate
counsels.
be
followed
all
by
the
others.
But who is
France has really done so well since the
late war, and
her condition is so
happy and so full of promise at the periment? France, it
appears to us for many reasons,"
present moment, that we wish to see her steer clear is in
the most favored
position for setting the example.
of everything which has the
semblance of shoals or She
has, in recent years, had the sad and bitter ex¬
quicksands. At the present time she is
perhaps the perience of war.. She is now enjoying the rich fruit of
most prosperous nation in
Europe, in spite of all her a brief season of peace. She has besides
been fairly
recent misfortunes, and
notwithstanding the heavy started on a new career in which she is entire mistress
of
to take the lead ? Who is to initiate the
I'
ex¬
indemnity which she pahTto Germany.
For this happy
condition she doubtless owes much to her
almost unri¬
valled natural resources.
It would be
truth, however, if
since the close of
Gambetta and those who have acted with
him have really done
well; and they all are entitled
to what rewards the
country can give them. It would
war.
calamity,, if France, for purposes of revenge,
or in order to
gratify, in some way, national vanity,
should depart from that
policy which for eight years she
has
of army
reduction would
so
later, as now constituted, it will
become hurtful and
oppressive. It is only truth to
say that these standing armies are the curse of
Europe.
honoring
EXCHANGE AT LONDON—
FEBRUARY 14.
to the French
or
EXCHANGE ON LONDON.
LATEST
ON—
Amsterdam.
Amsterdam
..
...
TIMS.
BATS.
DATE.
TIME.
short.
i-i.iH@i3.av4
Feb. 14.
short.
3 mos.
Antwerp
1*2.4
14
Paris
...
short.
44
*0.53
•20.58
20.58
U
44
44
44
46
46
44
44
60
•
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85.41tf@26.46tf
3 mos.
....
Sooner
set in the direction
RATES OF EXCHANGE AT
LONDON AND ON LONDON
AT LATEST DATES.
much comfort and with so much Paris
Hamburg
success.
Happily there is no evidence that such de¬ Berlin
Frankfort
parture is at all probable in the immediate future.
St. Petersburg.
Vienna
There is one task to which France
Madrid
might devote her Cadiz...
attention with profit to herself and with
Genoa
advantage to the A Milan
nations around her. We make this
statement all the Naples
more
heartily that the prosecution of the task referred Lisbon
Alexandria....
New York
to would coincide with the line of
her present
Bombay
policy.
Like all the other
great nations of Europe, France is Calcutta.
Hong Kong...
burdened with a huge
standing army. Since the late Shanghai
war the
army of France has been at once improved and
enlarged.
be
HAmijetarrjf OTommerciaX %uqUsU Hews
a
pursued with
destiny. An initial example
we
development, pursued by her rulers
really be
own
ignoring the people.
refused to admit that she owes
much also to the admirable
policy of peace and internal
the
her
51^[©52
*
days.
44
1$. 7d.
Is. 7d.
-
....
....
LFrom
our own
BATE,
12.10
'
•
•
•
•
....
Feb. 14.
Feb. 14.
short.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
14.
14.
14.
short.
12.
13.
12.
3 mos.
•
•
•
Feb* *12.
Feb.
Feb.
Feb.
Feb.
Feb.
44
44
14.
11.
11.
10.
4?tf
4
3 mos.
44
(<
3 mos.
60 days.
6 mos.
10.
44
44
44
20.43tf
23tf
116.tO
(4
m
20.4314
20.48tf
44
•
Feb. 14.
Feb. 14.
Feb. 14.
25.25
25.23H
27.70
27.10
27.70 '
98tf
4.86*4
1*. 7>4d.
Is. 7tf d.
3s.
7%d.
is. lltf a.
correspondent.]
London, Saturday, February 15, 1879.
There has been very little demand for
money for mercantile
purposes during the week, but there has been a
moderate
for short loans.
The
inquiry •.
position of the money market has
not
•
MAE/CH 1, 1879.]
THE CHRONICLE.
materially altered; bat the Biak statement points to the conclu¬
sion that lower rates are inevitable.
The total reserve of the
Bank has been augmented this week
by as much as £1,688,737,
raising it to £15,636,628, against £13,226,642 last year. The sup¬
ply of bullion has been increased by £658,997, which indicates
that coin is being returned from
provincial circulation; and the
total stock amounts to
£31,063,358, against £25,809,342 in1878.
These figures certainly show that confidence is
being restored,
and it is quite probable that there will now be a
steady return of
notes and coin from the
Ireland.
provinces as well as from Scotland and
The amounts withdrawn from the bank
during the cri¬
sis last autumn
very large, and should the whole amount
back, the position of the Bank will bo of unusual strength.
The return shows a slight
improvement in the denand for
money; but trade throughout the country is still very
slack, and
no
improvement is possible while so many strikes are in exist¬
ence.
The Treasury balance has been augmented
by £1,516,522,
increasing it to £7,431.561,against £5,697,255. This improvement is
a
great measure to the fact that the last issue of
Tieasury
Billft was paid for on Monday. It is
quite certain that the Chan¬
cellor of the
I
Exchequer will have
a
deficit
to provide
for,
and the country is
naturally desirous of knowing the
proposals he is likely to make.
The
foreign policy
of the government has for some time
past entailed a heavy
expenditure, and our little wars are now involving us in a
very
considerable outlay.
Even Lord Carnarvon admits that it was
difficult, if not impossible, for the government to avoid a war
with Cetewayo; but although that
king has inflicted a severe
defeat upon our advanced post,
yet the troops now embarking for
the seat of
war
said
are
be
to
sufficient to inflict
summary
punishment, and to bring the war to a speedy conclusion. The
probability is that, in order to meet these expenses, an issue of
consols will be regarded as the
simplest course to adopt. What¬
ever may be the decision as to the
division of the expenses
between our colonies, dependencies and the
Imperial Government,
it is certain that the
Imperial Treasury will have to reader
considerable assistance, both
permanently and by way of loan.
Hopes are, however, entertained that the two wars we have on
hand will be speedily terminated. As far as
Afghanistan is
concerned, we have gained what we want, and the
military
authorities say that we have an
impregnable frontier. The
difficulty is that there is no trustworthy head in Afghanistan, aod
it may yet be
necessary for us to proceed to Cabul.
This is a
difficulty in the situation, but if the Ameer cares not to re1 urn
someone must be found to fill the
place. In Eastern Europe,
matters are progressing
satisfactorily. The evacuation of Turkey
by Russia is now taking place, but a great drawback is that
Turkey is in want of money, and it is difficult to
arrange a
guarantee for the re-payment of a loan which shall induce
capitalists to subscribe. The terms of the Treaty of Berlin
are,
however, being punctually carried out, and there seems to be no
reason to believe that
any Power is disposed to alter its opinion
regarding it.
The supplies of
money
offering during the week have
the banks still show considerable reluctance in
business, and
distrustful.
This is, of course,
been
a
Per cent. I
3
Open-market
|
|
2X02X
&X0-X
3 months* bills
following
taking second-
are
!
are now as
rates .*
under:
Per cent.
4 months’ bank bills
SXSSX
6 months* bank bills
3
4 and 6 months* trade bills.
3J£04
the rates of interest allowed by the joint-
stock banks and discount houses for
deposits
:
Per cent.
Joint-stocK banks
Discount houses at call ....?
Discount hoases with 7 days* notice
Discount houses with 14 days* notice
a
2
2
...
£14
statement
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 pries of middling
1S79.
Circulation, including
£
hank post bills
30.701,675
7,431,561
deposits
2^,605,430
Government securities. 14.672,591
Other securities
24.042,582
Reserve of notes and
coin
15,636,623
Coin and bullion in
both departments
31,068,358
...
1677.
No. 40 mule twist..
Clearing House
4682
51s. 5d.
fcXd.
8*4d.
...
2 p. c.
95 X
52s. 3d.
95X
38s. Id.
5 7-16d.
1675.
'
46tf
2 p. c.
*
1876.
6Xd.
tud.
4 p. c.
92X
43s. Od.
6 7-16d.
lid.
return
3 p. c.
9U4
42s. 7d.
7 ll-18d.
Is Od.
11V4 d.
£:G,8;5,003* 86,035,000 95.474.0C0 115,093,000 144,902,600
There is scarcely any demand for
gold for export, but £100,000
sovereigns has been sent to tbe Cape. For silver there has
little demand, and the quotation has had a downward
tendency. Tbe market for Mexican dollars has also been
very
quiet. The following are the present prices of bullion :
been very
sold.
Bar
Bar
Gold, flue..
Gold, reflnable
per oz. standard.
peroz. standard.
per oz.
per oz.
,
Spanish Doubloons
South American Doubloons
United States Gold Coin
German Gold Coin
per oz.
..
per oz.
Bar Silver, fine
Bar Silver,
containing 5 grs.
Mexican Dollars
Chilian Dollars
SILVER
per oz.
gold.per
oz.
on
9
0.
d.
@
10X0
9
@
3X0
3X®
49X
per oz., nearest.
per oz., none here.
Discount, 3 per cent.
on
£450,000, Calcutta obtaining £298,000
Tenders
d.
.
standard, nearest.
standard, nearest.
Quicksilver, £6 5s.
The sale of Council bills on India
and
s.
77
77
73
73
76
76
50
<a
(0
48X
0
Wednesday amounted to
and Bombay £152,000.
Calcutta at Is. 7 l-16d. will receive about 11
per cent
Bombay at that price in full.
following are the current rates
foreign centres :
on
The
Pans
Berlin
Hamburg
Bank
Open
rate.
p. c.
3
3
mark’t.
U/a
2X
St.
3X
bX
Madrid,Cadiz and Bar-
4
4
4
4
4
.
Frankfort.
Leipzig....
of discount at the
rate.
Copenhagen
3%
The Reconstruction Trustees of the Erie
have given notice that
they will receive
p. c.
4M 4X04X
6
4
Petersburg
celona
Lisbon and Oporto..
New York.
Calcutta
Open
mark*t.
p. c.
Vienna and Trieste...
**
3X
Bank
p. c.
2XQ.2X
principal
6
5
.
•
•
6
5
@7
<06
3X@4
•
7
4*405
4X<05
R.ilwsy Company
certificates of the second
consolidated mortgage and gold
mortgage bonds, to claim New
York Lake Erie & Western Railroad funded
coupon
on
bonds,
and after tbe 17th iust.
On the Stock
Exchange, during the week, bnsiness has been
very quiet, but American railroad securities have continued to
attract
attention, and have, in several instances, further improved
The rise in several of these
has, of late, been very
considerable, and there is, evidently, considerable confidence in
the future of many
railroad undertakings. Government securi¬
in value.
ties have been rather weak.
The public sales of Colonial wool will be
commenced
day. The arrivals have been :
Bales, f
61,039 New Zealand
Sidney and Queensland
;.
9",702
1
49 3181
626 |
Cape
Tues¬
Bales.
11,532
rr 8 ,889
Total...
220,646
Australian and 8,000 bales
been forwarded direct to tbe Continent and York¬
Of the above, about
Capes have
,
,
Port Phillip
Adelaide
Van Diemen’s Land
on
-13,500 bales
The
following return shows the aggregate imporls and exports
during tbe first eight mon hs of each of the
into and from India
last three years:
1878.
1877.
£
1875.
26,872,065
5.697,255
1876.
£
27,819,295
26.701.787
22,232,853
6,612,603
26 019 024
22,890,433 18,440,779
16,001,441 13,88\914
17,813,123 18,346,307
7,923,105
6,196,0 0
18,C65,308
£
15,899.089
17,734,763
13,22?,612 13.933,824
11,4 2,267
Merchandise
Gald and silver
Total
imports....
Merchandise.
Go'd and silver,.
Total exports
Excess of exports
1876.
1877.
£23,882.312
1878.
£26,917,503
12,966,652
£25,758,394
£39,884,155
£; 9,492,366
£30,413,755
3,785,972 *
EXPORTS.
...
...
£37,9:0,210
3,313,214
£40,291,823
1,750,731
£37,844,883
...£11,233.454
£12,042,610
£39,748.327
£2,158,455
£10,256,461
..
...
.
£10,837,693
The Berlin free trade association has
ister Delbruck*s
....
1,903,944
supplemented tbe ex-Min-
pamphlet on the German corn trade with another
from the pen of Gustav Muller, of Berlin. The author of
this
second treatise deals
specially with the effect which corn duties
would have on the
important international trade of the German
markets.
The export trade in grain of the Baltic
ports
a blow which would
practically extinguish it. The
trade of the South German
States, which is very important as
£
13,595,031
18.800,841
IMPORTS.
would receive
vious years.
Other
English wheat,av.price
Mid. Upland cotton...
corn
upland cotton, of No. 40 mule twist, fair second
quality, an 1 the
Bankers* Clearing House return,
compared with tbe four pro
Public deposits
,
drawback
The quotations for the best bills
Bank rate
Annexed is
but
;
to active commerc al
it shows that bank directors and
managers are still
Open-market rates:
30 and 60days’ bills
The
43 11
3 p. c.
Bank-rate
Consols
in
1878.
reserve
to liabilities
shire.
considerable, and choice bills have been much sought after
class paper.
1379.
Proportion cf
were
come
due in
213
<
»
10,199,8:2
I
regards Switzerland, and often so as regards Austria, in
Hungar¬
ian, Roumanian and Russian corn, for which these States provide
central European markets, would also be
seriously affected; and
the German railways, which do a
large transit bnsiness in grain,
would feel tbe effect of
import duties in greatly-dim’nished
receipts for freight.
The wheat
there has been
25,809,342 26.4 8,259 22,801,807 20,862,992’ been mild
trade has continued to rule extremely
quiet, bat
no material
change in prices. The weather has
during the week, and low-lying land has been maeh
214
THE
flooded ; but in
high localities farmers have been
able to
CHRONICLE
Sat.
resums
agricultural work, which is much in arrears. Farmers have been
threshing freely of late, but they will now be otherwise occupied.
The condition of the home
supplies is poor. The following sta¬
tistics are from Messrs. Sturges’ circular :
AVERAGE PRICES OP GRAIN SINCE
Wheat.
8.
1848
1849
50
44
40
1850..:.’,.
1851
1852
1853
1854
1S55
1816
1857
1858
1859
1860
72
74
69
.....
1851
1862
1863
44
43
53
55
44
Barley.
d.
6
6
4
7
0
0
7
9
2
5
4
9
1
6
5
9
8.
G.
31
27
23
6
9
5
9
7
2
2
9
1
24
28
33
36
34
41
42 •
34 9
33 6
36 8
36 2
35
1
33 10
Wheat.
d.
8.
20 6
17 6
16 5
18 7
19 1
20 11
27 11
27 6
25 2
25 1
24 7
23 3
24 4
23 9
22 7
21 2
18-4
1865
1866
1867
1868
1869
1870
1871
1872
1673
1874
1875
Ib76
1877
1818
s.
1877.
d. s. d.
a.
St.
Petersburg.40 0@41 0
Konigsberg....43 0@58 0
Dantzic
8tettin
35
35
36
36
42
42
36
47
48 0@60 0
49 0®*,1 0
Hamburg
.53 0@60
Nantes
fc3 0®54
Marseilles .....52 C@58
Barletta
52 0@53
0
6
0
o
Barley.
s.
d.
40 0
41 10
49 11
64 6
9
43 3
46 10
56 8
57 1
58 8
10
3
46 3
56 10
5
....
PRICES OP WHEAT IN FOREIGN PORTS IN
Silver, per
,
DEC., 181
1378.
d. s. d
7,
AND D$C.
s.
d.
1877.
6(5)36 6 Alexandria
03.42 0 Odessa
0^46 0 Marianople
0@44 0 Montreal
0@<6 0 New York..
0(g)l4 0 San Francisco
('(5)46 0 I Valparaiso
0@48 0 | Adelaide.
..
s.
50 0 5.52
34 0&36
30 0@34
43 0@48
43 0@l7
47 0&48
51 0©52
40 C®41
0
0
0
0
0
0
36%
13%
50%
50
96 5-16
96 5-16
96 5-16
96 5-16
103%
104%
106%
106%
107%
.
.
96 5-16
96 5-18
103%
104%
10i%
107%
107%
•
....
27%
2 •%
85
13%
13%
....
Mon.
d
23 0
d.
(extra Siate).... #bbl. 23 0
FI oar
Wheat,spring,No.2 #10) lb
do
do
9
do
do
Southern,
“
9
Av. Cal. white.. “
Cal. club.
14
9
9
1872.
1
eo
5
new.
7
Corn, mix. eft,old, $ cental.
do prime, new,
“
*
7
9
9
9
9
4
4
9
7
4
4
104%
95%
103%
104%
106%
106%
26
84
7
9
9
9
9
4
4
d.
0
s.
23
•
8
1
3
1
5
9
7
84%
36%'
• •4*
on cotton.
Wed.
d.
23 0
s.
8
1
3
1
5
9
7
26
36%
12%
,
<
•
107%
If 2%
....
....
8
1
3
1
5
96 5-16
107%
Tues.
s.
....
do
No. 3
“
winter W. new “
40%.
96 5-16
96 5-16
103%
....
Sat.
Fri.
Feb. 28.
49%
....
27%
85%
s.
Thur.
Feb. 27.
49%
86
Thur.
23
..
7
9
9
9
9
4
4
d.
0
«.
Fri.
d.
s.
23
0
....
8
1
3
1
5
9
7
9
9
9
9
4
7
4
•
*
8
1
3
1
7
9
9
9
9
4
4
5
9
7
•
Sat.
d.
39 0@41 6
34 6@37 0
83 0(9)36 0
30 (Q)34 0
36 0®36 6
34 fr$35 0
32 6@34 0
37 6^33 0
Pork, Western mess..$ bbl. 49
Bacon, long cl’r, new.$ cwt. 28
0
3
26
9
71
0
34
49
3
0
During the week ended February 8, the sales of home-grown
wheat in the 150 principal markets of
England and Wales
amounted to
3
0
4
9
7
Bacon, short cl’r, new
“
Beef, prime mess/new. $ tc.
Lard, prime West..
cwt.
Cheese, Amer. choice.
“
Mon.
Tues.
d.
49 0
26 6
27 0
71 0
34 6
49 0
d.
49 0
27 0
27
6
71 0
35 0
49 0
8.
Wed.
s.
s.
.
49
27
27
71
35
49
d.
0
0
6
0
0
0
Thur.
s. d.
8.
49
2'
27
71
35
49
49
27
27
71
34
49
Fri.
d.
0
0
6
0
0
0
0
0
6
0
0
0
London Petroleum Market.Sat.
d.
Mon.
d.
Petrol’m, ref. $ gal
7%
Petrol’m, spirits “
Tues.
Wed.
d.
d.
7%
-
7%
Thur.
d.
Fri.
d.
7%- 7%
9 -10%
-
...
-11
..
..
63,738 quarters, against 39,716 quarters last
year;
and it is estimated that in the whole
Kingdom tliey were Commercial au
cellaueous JXcms.
255,000 quarters, against 159,000 quarters in 1878. Since
harvest,
Imports and Exports for the Week.—The
the sales in the 150 principal markets
imports of
have been 1,307,688 quar¬ last
week, compared with those of the preceding week, show
ters, against 1,057,239 quarters; while in the whole
a
decrease in dry goods and an increase in
Kingdom it is
general merchandise.
The total imports were
computed that they have been 5,231,000 quarters, against
$6,813,985, against $4,930,771 the pre¬
4,237,000 quarters in the
ceding week and $8,630,618 two weeks previous. The exports
corresponding period of last season. Without for
the week ended Feb. 25 amounted to
$6,382,485, against
reckoning the supplies furnished ex-granary at the commence¬
$7,301,103
last week and $6,817,258 the previous week. The
ment of the season, it is estimated
that the following
quantities following are the imports at New York for the week ending (for
of wheat and flour have been
placed upon the British markets dry goods) Feb. 20 and for the week ending (for general
since harvest:
merchandise) Feb. 21:
1878-9.
1877-3.
**
cwt.
Importe of wheat
Imports of flour
Sales of home-grown produce
cwt.
27,354,.*94
48,835,079
flour
Aver, price of Eng. wheat for
28.354,474
18,360,200
20,913,600
20,069,000
49,556,812
973,960
40,613,200
51,524,866
114,746
47,916,122
48,582,832
40,043,078
40s. 8d.
53s. 8d.
48s. lOd.
season
8,100,r92
598,122
51,409.620
46 ?. 3d.
The
following figures show the imports and exports of cereal
produce into and from the United Kingdom since
harvest, viz.,
from the first of September to the close
of last week,
compared
with the
corresponding period in the three previous years :
IMPORTS.
Wheat
.cwt.
Barley
1878-9.
1877-8.
22,649,6)9
1876-7.
27,354,594
7,243,721
5,579,975
16,972,411
Oats
Peas
Beans'
914,201
Indian Corn
Flour
1,882,982
13,378,222
3,84:,018
3,533,870
....
1875-6
28,354,4 74
5,039.558
4.846,797
795,71?
6,755,679
4,916,639
704,879
1.996,119
15,011,743
1,721,835
9,542,414
3,100,892
2,755,189
EXPORTS.
Wheat
cwt.
......
891,643
Barley
951,054
30,073
62,058
Oats..
Peas
Beans
Indian Corn
Floor
Annexed is
579,211
14,785
13.104
10.720
15.940
231.655
51,202
22,906
a
105,032
13,27?
138,445
66,340
13,798
-
*
10,782
4,857
16,635
9,714
18,911
return
showing the estimated value of the
produce imported into the United Kingdom
daring the
first five months of the
present and three previous seasons, viz
from September to
January, inclusive:
cereal
,
Wheat
1873-9.
1877-8.
£
1376-7.
£
£
15,785,693
Barley.
3,206.818
Oats
Peas
370,917
645,024
Total...
The
reduction
£5,500,000, while
since-harvest.
>
The
in
£
14,178,918
2,480,577
2,045.039
1,876,409
Beans
Indian Corn
Flour
1875 6.
8,125,125
2,015^970
2,on;4i6
283.840
316,320
2,726,908
4,145,548
3,338,898
717,706
4,416,680
2,162,638
2,281^925
21,230,741
29,369,307
20,231,545
24,798,999
the
cost
of
wheat
is
709.532
3,254,918
therefore
of all cereals it amounts to
about
nearly
£8,000,000
FOREIGN IMPORTS AT NEW YORK POR THE WEEK.
1876.
General merchandise...
Total for the week..
Previously reported,...
1877.
1378.
1879.
$2,454,333
$2,587,526
$2,155,705
•
$1,958,888
3,121,990
2,768,931
$5,078,378
48,686,005
Entflisili Market Reports-Per Cable.
..
4,658,280
$6,456,333
37,815,377
$6,813,935
37,747,233
Total since Jan. 1..
$53,764,8S3
$46,424,431
$14,271,760
$44,561,218
report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the
exports (exclusive of specie)
from the port of New York to
foreign ports for the week ending
Feb. 25:
In
our
EXPORTS PROM NEW YORK POR THE WEEK.
1876.
For the week
Previously reported,...
1877.
$4,631,325
$4,314,520
38,560,598 '
32,993,607
1878.
1879.
$7,313,838
$6,382,485
41,603,566
45,133,088
Total since Jan. 1..
$37,649,932
$42,875,118
$52,446,926
$47,986,051
The following will show the
exports of specie from the port of
New York for the week
ending Feb. 22, i.879, and also a com¬
parison of the total since Jan. 1, 1879, with the
corresponding
totals for several previous years:
Feb.
Feb.
Feb.
Feb.
19—Str. Mono Castle
Havana
Amer.
Amer.
Port-au-Prince
Amer.
Punta Arenas, C.A Amer.
London
Amer.
London
Amer.
8 mthampton and \ Amer.
London
J Amer.
20—Str. Adriatic
20—Str. Andes
20—Str. Colon
Feb. 20—Str. Wyoming
Feb. 20—Str. Wieland
Feb. 22- Str. Donau
Liverpool....
.
Total for the week ($491,250
'
Previously
reported
.
|
The imports of
been as follows :
Feb. 19—Str. Bermuda
Feb. 20—Str. Atlas....
Feb. 21—Str. Colon
Aepinwall
Bremen..
Tampico
Laguayra
......
Total since Jan.
Same time m—
1878
...
1873
76,239
$499,210
$2,416,220
$8,903,336
.'.
5,171,095
6,446,461
11.252,016
5.267,504
4,401,552
same
periods have
Amer. gold
Amer. silver
Foreign silver
...
Amer. silver......
Amer. silver
$S.6S6 gold)...
,
1, 1879 ($1,801,361 silver and $297,144 gold)
Same time in—
$2,895,274
1872
2,324,063
1871.
575,969
1870,
1,331,828
918,037
1869
1868
203.725
1867
112,105
1,917,010
Amer. gold
Port-au-Prince...Amer silver......
Foreign gold....
Aepinwall
5,116
2.844
silver dels.
Same time in—
specie at this port for the
Feb. 17—Str. Crescent
City
Feb. 17-Str. Donau
Feb. lb—Str. City of Mexico
17,700
133,485
146,721
2,188.384 11870.
6,359,835 | 1869
13,56*,041'I 1868
5,641,371 | 1887
11,163.574 11866
2,810,367 |
v.
$5,000
silver bars.
silver bars.
silver bars.
$2,034,901 I 1871
1873
1876
1S75.;
1874
gold coin..
gold coin..
($2,283,917 silver, and $132,303 gold)
1877
1876
1875
1877....'
silver bars.
($1,71)2,667 silver, and $124,343 gold)
Total since Jan. 1, 1879
Same time In—
1874
.
silver'coin.
silver, and $7,960 gold)
Total for the week ($147,056 silver, and
..
3,868,857
$5,253,264
41,171,167
Previously reported ($1,651,305 silver, and $233,458 gold).
daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following
summary:
London Money and Stock Market.—The
bullion in the Bank
of England has increased
£277,000 during the week.
dibits
Dry Goods
cwt.
16,972,411
2,755,189
3,812,048
933,957
Result
1875-6
cwt
.22,649,609
3,538,870
22,666,600
Total
Exports of wheat and
1876-7.
•
8
1
Liverpool Provisions Market,
s.
s.
103%
104%
d.
s.
0
0
d.
Pennsylvania
Reading
r4
18:8.
d.
H7%
Wed.
Feb. 26.
Liverpool Cotton Market.—See special report
Liverpool Breadstuffs Market.—
2
5
11
8
1878.
,
U. S.4%s of 1891
U. S. 4s of 1907
Erie com. stock
Illinois Central
Phila. &
0
26
25
24
Tnes.
Feb. 25.
% 5-16
account.. 96 5-16
J.8.6S (5-20s) 1867..., .103% *
J. S.10-408
104%
D. S. 5s of 1881
166%
d.
1
11
.7
0
1
1
11
s.
20
21
24
26
28
26
22
25
23
25
28
23
oz
Mon.
Feb. 24.
“
Oats.
8.
d.
30 0
29 9
37 5
4 i 2
43 0
39 6
34 7
36 2
37 4
40 1
44 11
38 7
35
2
39 10
40 5
Feb. 22.
d. 50*
uonsois for money..
1847.
Oats.
[VOL. XXVIII.
$550
107,563
2,428
.21,238
7,163
15,731
973
96
$155,742
1,912,763
$2,093,505
$275,013
2,707,515
3,061,381
2,097.452
599.929
292,439
22..441132——CFiitrzsetns’
March 1,
1879.1
THE CHRONICLE
She |BimIiet‘sr <ia*elte.
Coupon
$50.
NATIONAL BANKS ORGANIZED.
100.
500.
The TTnited States
Comptroller of the Currency furnishes the
following statement of national banks organized :
1,000.
Total..
National Bank of Stockton, California. Authorized
capital,
$300,000; paid-in capital, $150,000. Frank Stewart, President;
Henry H. Hewlett, Cashier. Authorized to commence business
Regis'd
$50.
100.
500.
February 20, 1879.
National Bank of Princeton, Illinois. Authorized
capi¬
tal, $50,000; paid-in capital, $30,000; Tracy
Reeve, President;
W. Glenn Reeve, Cashier.
Authorized to commence business
February 21, 1879.
1,000.
5,000.
10,000.
Total..
Gr. tot.
215
82d Call.
83d Call.
84tli Call.
85th Cab.
Made Jan. 18. Made Jau. 21.
Made Jan. 24, Made Jan. 28.
Matures Ap. 18. Matures Ap. 21. Matures
24. Matures Ap. 28.
37001- 46000 46001- 55000 55001- Ap.
64000 64001- 70000
47001- 60000 60001- 70000 7000185000 85001-100000
37001- 46000 46001- 55000 5500162000 62001- 69000
48001- 60000 60001- 73000 7300186000 86001-100000
$10,000,000
$10,000,000
15511925
11401- 13850
62517250
23751- 27750
71018150
9951- 13250
19202270
13851- 16400
72519300
27751- 31900
81518300
13251- 15400
$10,000,000
20,000,000
227116401930131901830115401-
$10,000,000
Name
op
Company.
When
Books CL08ED
Payable (Days inclusive.)
.
9350
35300
10150
17000
2800
20300
9900
38200
10800
18450
$10,000,000
20,000,000
89th CaH.
Made Fep. 17.
Mat’resMayl2. Matures May 17
80001- 85000 85001- 90000
100. 100001-115000 115001-130000
130001-146000 146001-160000
500.
69001- 75000 75001- 81000 81001-
Railroads.
North Brookfield
2551185019.351353011015117001-
88th Call.
Made Feb. 12.
Coupon
Per
Cent.
2550
18500
20,000,000
86th Call.
87th Call.
Made Feb. 1.
Made Feb. 6.
Matures May 1. Matures May 6.
$50. 70001- 75000 75001- 80000
:
$10,000,000
$10,000,000
20,000,000
DIVIDENDS.
The following dividends have
recently been announced
$10,000,000
87000
1,000. 100001-114000 114001-129000 129001-144000 87001- 93000
144001-158000 >
$10,000,000
$10,000,000
$10,000,000
$10,000,000
Regis'd
$50.
28013000
30013100
31013170
2
Total..
FRIDAY, FEB. 28, 1879-5
The
P. M.
100.
500.
Money Market and Financial Situation.—The
finan¬
1,000.
5,000.
10,000.
cial markets remain
strong, and the general confidence is appar¬
ently unshaken. The present improvement in affairs is
largely
based upon this increased confidence in the
future, and the prev¬
alence of this sentiment is
reflected, as usual, in the movements
at the Stock
Exchange. Railroad earnings on a majority of the
roads reporting are smaller since
January 1, this year, than in
the same period of 1878, but this
may be due to the severe
weather which has prevailed thus far this
year, while the winter
of 1878 was
remarkably mild.
Total..
Gr. tot.
$50
a
decrease
legal reserve, the whole of such excess
being $9,212,650, against $12,076,500 the previous week.
The following table shows the
changes from the previous week
and a comparison with the two
preceding years.
1879.
Feb. 21.
Loans and dis.
Bpecie...
Differ’nces fr’m
previous week.
$244,007,000
Circulation
Net deposits
Legal tenders.
..
.
17,931,300
19.335,900
216,382,600
45,377,000
Dec. $179,500
Dec.
128,200
Dec.
62,900
Dec.
888,600
Deo. 2,957,800
.
32212350111451442011400125301-
.
100
500
1,000
5,000
10,000
Total
Closing prices
6s, 1881
6s, 1881
reg. J.
coup. J.
6s, 5-20s, 1867...reg. J.
6s, 5-20s, 1867 .coup. J.
6s, 5-20s, 1868...reg. J.
6s, 5-20s, 1868 .coup. J.
58,10-40s
reg. M.
5s, 10-40s
coup. M.
5s, fund., 1881...reg.
5s, fund., 1881..coup.
4*23, 1891
reg.
4%s,1891
coup.
4s, 1907
reg.
4s, 1907
coup.
Cs, cur’cy, ’95-99 .r eg.
&
&
&
&
&
&
&
&
$7,000,000
>4
c3
.
Feb.
25.
follows:
Feb.
26.
Feb.
27.
o
*102
*102
*105
*102
105
*102
105
*106% 106%
lOOis *100
10010 100%
*121% *121%
Q.-Jan.
Q.-Jan.
'
was
105% Feb.
*102
105
*105
122
*121%
122
made at the Board.
Range since Jan. 1,1879.
6s, 1881
cp.
fis, 5-20s,’65.cp.
6s, 5-20s,’67.cp.
6s, 5-208,’68.cp.
5s, 10-40s... cp.
5s, fund.,’81.cp.
4%s, 1891 ..cp.
4s, 1907
cp.
6s, cur’ncy.reg.
•
106% 106% 106 38
100% 100% *100%
100% *100% *100%
in prices since Jan. 1, 1879, and the amount
outstanding Feb. 1, 1879, were as foliows:
Lowest.
g.
icg
*104% *10458 104% *1045s *104%
10434 *104% *1045s *104% 104%
104% 10458 *104% 104% 104%
w
& J.
as
106^4 *106% 106 34 106% U06%
106% *100% 10634 *10658 106%
1021s *102
*102
*102
*102
*102
*102
*102
102% *102
*102% *102% *102% *102% 1023s
*102% *102% *102% *102% *102%
Q.-Mar.
J.
Feb.
24.
22..
Q.-Feb.
Q.-Feb.
Q.-Mar.
This is the price bid; no sale
The range
Feb.
J.
J.
J.
J.
J.
J.
8.
S.
3240
23620
11520
44400
14350
26950
$20,000,000
at the N. Y. Board have been
Interest
Period.
15,536,300
.
3220
23500
11450
44200
14000
25300
Matures May. 24.
Regis'd
$50
Grand total
229,311,200
44,713,300s
Bonds.—There has been a continued
large
business in Government
securities, and several notable transac¬
tions have been made in fives and sixes
of 1881, of which some
of the financial corporations in
this city have taken
large
lots. There is
necessarily a flow of five-twenties from abroad—
bonds called or
likely to be called— and this week we have not
beard of so many bonds of other issues
going out. One call for
bonds, the 90th, covei5ng $20,000,000, has been issued this
week.
All the numbers of called bonds
now
outstanding
and
the
dates
when they respectively fall
due, are shown in the following
table:
24.
$13,000,000
29,374,900
United States
31712320111301434011310123001-
$10,000,000
20,000,000
class of bonds
$243,659,100 $258,751,700
33,978,000
Made Feb.
93001-100000
158001-176000
1,000
1877.
Feb. 24.
32,379,400
19,806,900
210,894,000
23200
11300
43400
13400
23000
$10,000,000
20,000,000
20,000,000
160001-180000
Total
*
1878.
Feb. 23.
2295111151423011215121301-
$10,000,000
90001-100000
100
500
francs for the week.
issued February 21, showed
above their 25 per cent
$10,000,000
20,000,000
22950
11150
42300
12150
21300
Coupon
Prime paper is in demand, and the little that is
offering is readily taken at 3|'g4| per cent.
The Bank of England
weekly statement on Thursday showed
a
gain of £277,000 in specie, and the reserve was 47 15-16
per
cent of liabilities,
against 46f per cent the previous week; the
discount rate is 3 percent.
The Bank of France gained 2,125,000
City Clearing-House banks,
of $2,863,850 in the excess
2190110651409011150119701-
1
ordinary
The last statement of the New York
21900
10650
40900
11500
19700
90th Call.
The money market has shown but little
irregularity this week,
and the rates have been
easy on stock loans on call at 2(3:4 per
cent, while on Government bonds l-£@2
per cent is the
quotation.
203019901382011080118451-
of each
Amount Feb. 1, 1879.
Highest.
Registered.
Coupon.
8 106% Jan. 17 $200,853,600
18,205,650
101% Jan. 24 102% Jan. 2
102% Feb. 3 104% Jan. 4
10438 Jan. 28 108% Jan. 4
x04%Feb. 14 107% Jan. 15
104%,lan. 2 106% Feb. 28
99% Jan.
3 100% Feb. 17
119% Jan. 4 122
Feb. 20
124,835,300
16,268,000
144,300,900
254,769,000
165,539.700
190,068,250
64,623,512
$81,882,750
7,879,900
184,771,500
21.197.300
50,265,400
253,671,350
84.460.300
140,631,750
State and Ballroad
Bonds.—There has been some
activity in
Southern State bonds in consequence of the
shifting condition of
affairs, which furnishes ground for transactions, both specula¬
and otherwise. In Virginia, the McCulloch bill for
adjust¬
ment of the debt,
passed the Senate by a vote of 30 to 11, and
has every prospect of passing the House.
In North Carolina the
bill has passed the
Legislature, and will, in all probability,
tive
Coupon
$50.
100.
500.
1,000.
Total..
Regis'd
$50.
100.
500.
1,000.
5,000.
10,000.
74th Call.
75th Call.
76th Call.
77tli Call.
Made Dec. 9.
Made Dec. 18.
Made Jau. 1.
Made Jan. 4.
Matures Mar.9. Mat’resMar.18. Matures
Apr. 1. Matures Apr. 4.
15000
5001- 11000
140001-1*47000 147001-148720
15000
5001- 11000
104001-105000 105001-106695
16000
6001- 11000
200001-204000 204001-210542
16000
6001- 13000
$2,000,000
$2,439,250
1926111321393011270125351-
Total..
Gr. tot.
Coux>on
19279
11326
39304
12704
25700
$3,000,000
5,000,000
78th Call.
Made Jan. 6.
24941928011327393051270525701-
2503
19297
11337
39316
12722
26586
$8,556,850
10,996,100
$6,000,000
111111-
182
1500
1050
3700
1150
1000
$4,000,000
10,000,000
$6,000,000
18315011501370111511001-
400
2800
2000
7400
2600
2000
$4,000,000
10,000,000
79th Call.
Made Jan. 8.
80th Call.
Made Jan. 11.
81st Call.
Made Jan. 14.
18001- 24000
16001- 22000
25001- 27000
27000
24001- 31000
22001- 27000
27001- 34000
27001310012700134001-
Matures Apr. 6. Matures Apr. 8 Matures
$50. 11001- 18000 18001- 23000 23001- Ap. 11. Matures Ap. 14.
100.
500.
1,000
Total..
11001- 18000
11001- 16000
13001- 20000
$6,000,000
JReyis’d
$50.
100.
500.
1,000.
5,000.
10,000.
Total..
401550
28014400
20012850
7401- 11000
26013550
20012800
Gr. tot.
$-1,000,000
10,000,000
$6,000,000
551800
44015900
23513800
11001- 13500
35514300
28013500
$4,000,000
10,000,000
$6,000,000
801-
590138011350143013501-
1150
8200
4850
17650
5330
4800
$4,000,000
10,000.000
37000
47000
37000
become
20,000,000
The effect of these measures
Shares.
can
not be other¬
Bonds.
100 Brooklyn City RR
200 Second Avenue RR
11 City Fire Ins....
5 Ridgewood Ins
138%
$24,000 Rochester & State
30
Line RR. 1st mort. 7s,
due July 1, 1902.. 93%2>94%
1,280 Metro. Gas-L. scrip..101
125
100%
Closing prices of leading State bonds for two weeks past, and
since Jan. 1, 1879, have been as follows:
the range
43000
$8,000,000
law.
good, and if North Carolina and Virginia carry out
faithfully the provisions of their compromise, the only Southern
States having their debts in default and unsettled will be
Ten¬
nessee, Arkansas, and Mississippi.
Railroad bonds are in demand, at firm
prices, although the^
business in bonds is not as large as it was a few weeks
ago..,.
The following securities were sold at auction:
Feb.
21.
States.
$12,000,000
11511550
8201- 11400
48516250
17651- 23750
53317100
48019950
a
wise than
Louisiana consols
Missouri 6s, ’89 or ’90
North Carolina 6s, old
Tennessee 6s, old
51%
This is the price hid;
50%
*107
*17%
do
do
2d series..
Dist. of Columbia, 3-65s
*
Feb.
28.
no
*38
*74
*37
sale
8058
was
20
Range since Jan. 1, 1879.
Lowest.
Highest.
48% Feb. 27
105
18
36
69
Jan.
6
Jan. 14 106% Feb. 12
Feb. 8 20% Jan.
8
Jan. 21 42
Feb. 13
*41
31%
79% Jan.
made at the Board.
3
8334 Feb. 27
216
THE CHRONICLE.
Railroad and
miscellaneous Stocks.—The
stock market
lias shown a fair
degree of
erable irregularity from
prices close in
week, the
most
speculative activity, but with consid¬
.day to day in prices. Upon the whole,
cases at
a
most
material
45--1*%;
concession
from
last
important exceptions to this being in Western
Union Telegraph and the Vanderbilt
stocks, which have been
particularly strong. It is impossible that “ the street’’ should
know each move made
by the prominent operators whose trans¬
action in Union Pacific was the
leading point of last week's mar¬
ket^ and the fluctuations
since
common
of the la3t-named stock and
Northwest
that
time have not been
understood.
Among the strongest stocks in the rise whichclearly
has occurred since
the first of the year have been the
coal stocks—that
is, relatively
the strongest—because the
circumstances are for the present all
against them, the coal combination no
longer
and the
price of coal being near the lowest point ever existing
made. Possibly
the coal stocks are
worth, as a long investment, all that
they are
.selling for, but there has been nothing to cause an
improvement
in their values
during the past two months. This week New
Jersey Central has declined sharply, and the receiver’s
report is
construed
Union
unfavorably. The activity and advance in Western
Telegraph are pot well accounted for, as the bill in Con¬
gress was supposed to be against the
company’s interests.
The daily highest and lowest
prices have been as follows:
Saturday,
Monday,
teb. 2i.
Canada Sou h
Ontral of N.J.
Chic. & Alton.
Feb. 24.
56 V*' 57%
48ft 44%
.
x^l
120
Chic. Burl.&Q.
C. Mil. A St. P.
do
pref.
Chic. A North.
do
pref.
C. U. I. A Pac..
Clev. C. c. & i
CHev.A P.,guar
Col. Ch. A I.C.
Del.A H. Canal
Del. Lack.* W
5614
t
4 IK
93
5ft
42%
52-4
26%
46%
pref
Han. A St. Jo.
do
pref.
Illinois Cent
Kansas Pacific
Late Shore
15%
4394 44
33% 83ft
16% 20
70
..
Michigan Cent
Mo.Kan,* Tex
Morris
K.
Ohio A Miss...
Pacific Mail....
ilS
Panama
Pitts. Ft. W.AC.
...
.
10'
St LJ.M.A SO.;
bt.L.K.C.A No
do
pref.
Sutro Tunnel.
Union Pacific..
Wabash
West. Un. Tel.
*
These
are
56ft
42 ft
J-0
x*16
71
88
9
«P
17
80ft!
14ft!
136
107
8ft
36ft
40
83
59
s*l
r|
43ft!
4frft 42%
5' % 52ft
26ft1'25
48%
15ft
43%
17ft
lift
14%
136
107
107
16
78ft 78% 78
116 jl 16
78
116
42
92
5ft
40ft
49ft
116ft
39ft
37% 39%
m*
82%
58
57ft
88ft
88ft
132ft 131% 132
43%'' 43
523
43
92 ft
92
594
41%
*5ft
40^
51
40%
49
5ms
26
ft
IF
iSg
l\ik
133
*106
15%
8ftM
8ft
36fta 35ft
3k
55ft 55%
36ft 39ft! 37ft 39ft
.
•if*
13ft
8%
35
1.35
107
136
106
15ft
8%
15%
Total sales this week, and the
range in prices for 1S78 and
since Jan.
follows:
were as
Sales of
Week.
Shares.
Canada Southern....
Central of N. J
52,070
2,270
Chicago A Alton
Ohio. Burl.A Quincy.
442
Chic. Mil. ASt. P..
do '
do pref.
50,660
..
28,700
Chicago A Northw... 131,500
do
do pref. 108,405
Chio. Rock Isl. A Pao.
3,240
Clev. Col. Cin. & Ind.
2,205
Clev. & Pittsb., guar.
2,505
Ool. Chic.A Ind. Cent
1,750
Del. & Hudson Canal
3,115
Del. Lack. A Western 118,020
Erie
193,950
•
do
pref.
8,200
Hannibal ASt. Jo.
3,150
do
do pref.
5,810
Illinois Central
3,720
Kansas Pacific
3,500
Lake Shore
118,400
..
.
Michigan Central....
Range since Jan. 1, 1879.
2,610
7,805
27,775
Missouri Kan. A Tex
M err is A Essex
6,593
N. Y. Cent. A Hud. R.
2.155
Ohio A Mississippi...
12,170
PajiHc Mail...
4.550
Panama
150
Pitts. Ft. W. A Chic...
22 5
St. L. L Mt. A Soutli.
1,290
8t. L. K. C. A North.
2.950
do
pref.
6,200
Sutro Tunnel
575
Union Pacific
43,800
Wabash
;.
13,470
Western Uuion Tel... 145,003
45% Jan.
33 ft Jan.
Highest.
•
Feb.
West.
St. Paul.
U11. Tel.
-
22
'
“
“
“
“
“
24....
25....
26....
27....
28
....
10,660
5,550
12,350
11,500
10,600
35,000
1 4,750
26,000
25,508
were as
North¬ N’rtliw. Del. L.
west.
A West.
pref.
18,825
29,000
56.920
1878.
Low. High.
58 34 Jan. 28 38
45 ft
47ft Feb. 17 13ft 45 ft
78
Feb. 28 88
Jan. 28 6634 85
111ft Jan. 7 122% Feb. 19 99ft
114%
34ft Jan. 4 48% Jan. 28 27ft
5478
74% Jan. 4 85ft Jan. 28 64
84%
49ft Jan. 3 65ft Jan. 27 32ft 55ft
76ft Jan. 3 9lft Fob. 19 59% 79 ft
1L9
Jan.
8 135
Feb. 18
98 ft 122
343t Jan. 2 48ft Jan. 30 23
3Sft
84ft Jan. 2 95
Feb. 10 63 ft •85
5
Jan.
4
6ft Feb. 11
2ft
6ft
38
Jan.
2
45 ft Jan. 24 34ft 5 9
ft
0
43
Jan.
55ft Jan. 27 41
61ft
21ft Jan. 4 27ft Jail. 25
7ft 22ft
37ft Jan.
2
51ft Jan. 30 21ft 33
13ft Jau. 4 ) 6ft Feb. 10 10
16ft
34
Jan. 10 44 ft Feb. 18
21ft 41ft
80
Jan.
‘2
89
Jan. 30 72ft 87
Oft Jan. 21 22ft Feb. 19
4
12ft
67
Jau.
6
74ft Jau. 28 55 ft 71ft
73% Jan.
2
90ft Jail. 27 58 ft 75
5ft Jau. 4
9
Feb. 21
2
7ft
75ft Jan. 3 867a Feb. 18 67 ft 89
112ft Jan. 71120
Feb. 18 103% 115
7i% Jan. 4 13
Feb. 17
6%
lift
10ft Jan. 13 15ft Feb. 18
12 ft 23 ft
0
123
Jan.
436
Feb. 20 112
131
101
Jan.
4107ft Jan. 24
85
102
13
Jau.
2
17ft Jau. 24
&
15 ft
7
Jan.
2
9
Jau. 25
3ft
7ft
25ft Jau. 2 38ft Jan. 30 19
26ft
2ft Jan. 16
4ft Jau.
3
5
3ft
57ft Jan. 31 81
Feb. 19 Gift 73
20ft Jan. 8 25
Jan. 27
12 ft
23
94ft Jan. 7 106ft Feb. 28 75 ft 102 ft
H
....
Range for
3
2
Total sales of the week in
leading stocks
32,900! 34.150
12,505
20,000; 14,750
17,600
foliow^
13,400
Lake
Shore.
Erie.
oliday.
33,600
’
8,600
8,400
25,200
24,500
51,320
47,750
25.250
50.250
52,900
17,800
22,650
18,250
15,000
32,200
30,300
Total.
50,660 145,003 131,500 108,405
118,020 193,950
Whole stock. 154,042 350,849
149,888 215,256 524,000 762,000 118.400
494,660
..
The total number of shares of stock
outstanding
last line for the
purpose of comparison.
1878.
$98,500
-Jail. 1 to latest date.1879.
1878.
-
..
..
..
..
,
..
..
..
..
..
..
..
Exchange.—Foreign bills are quite firm, and
is novr
selling pretty close to the specie shipping point. sterling
The incoming
United States
bonds are believed to be cons
derably in excess of
the 4 per cents
going out, and to this is attributed the firmer rates.
Ou actual business
to-day the quotation is about 4 86 for 60 days,
and 4*88| for demand.
Quotations for foreign exchange
is given in the
are as
Fkb. 28.
Documentary commercial
:
4.95ft®4.85%
4.84ft®4.85
95
95
95
95
Frankfort (reichmarks)
Bremen (reichmarks)....
Berlin (reichmarcks)
following
are
®$4 87
3 83 ® 3 87
4 72
® 4 78
3 90 ® 4 00
Span’ll Doubloons..15 70 ®15 95
Mex. Doubloons.. 15 50 ®15 (>5
Fine silver bars
108ft® 108%
Fine gold bars....
.
X X Reichmarks.
X Guilders
..
par.®ftprem.
Boston
banks for
Banks.—The
a
Loans.
$
Nov. 11.
Nov. 18.
Nov. *25.
Dec. 2.
Dec. 9.
D c. 16.
1 ec.
21.
D c. 30.
187 9.
Jan
6.
Jan. 13.
Jan. 20.
•Ian. 27.
Feb. 3.
Feb. li'.
i-’eb. 17.
Fo >. 24.
126,512,40)
127,202,900
12ft 472,600
126,'•98 J 00
127.37ft 300
127.483,800
128,689,70)
130,093,30)
Nov. 11.
Nov. 18.
Nov. 25.
Dec. 2.
Dec. 9.
Dec. 16.
Dec. 23.
Dec. 30.
1879.
Jan. 6.
Jau. 13.
Jan. 20.
Jan. 27
Feb. 3.
Feb. 10.
Feb. 17.
Feb 24.
9534
95ft®
95ft®
9534
95%
coins:
—
98
®
—
—
98ft®
—
—
92
—
84ft®
4 75
68
—
—
$
7,787,500
3,135,000
2,933,000
2,862,400
2,659,900
8,060,800
8,228,-00
8,655,500
8,112,900
7.483,500
7,296,300 •
2,851,300
2,779,900
2,630,500
136,790,000
3,822,500
139,979.500
139,591,100
3.8i6,200
144,930,0'0
143,799,200
3.708,300
3,545,100
®
®
®
98ft®
994®
98%
99ft
—
94
—
8.5
4 80
70
—
—
98ft
—
par.
the totals of the Boston
3,927.500
S
$
*
'51,956,500
25,460,700
56,258,400
45,810,772
25,488,700
47,^70,092
6,416,400
55,244,900 25.450.900
55,713, - 00 25,311.400
5ft0’.ft9n0 25,400,000
55,932.300 25,937.200
56,433,300 25,424,700
56,217,600 25,'359,400
45,0>4,725.
38,488,361
6,126,8)0
59,525,100
52,163,732
5,93?,800
5,419,700
5.230,200
5,127 900
4,720,20)
4,4 6,5 )0
61,120.400
60,968,600
25,616,400
25,634,300
23,61',600
63,747,200 25,-500,100
64,79^,800 25,486,600
61,190,100
69.770,300
63,215,9.0
2.3,566,8 )0
25,545,800
25,481,100
44,426.231
36,257,003
46,164,103
42,332,385
49,172.697
46,764,891
43,763.114
41,6-JO, 8 28
47,534.4f5
47,- 30,361
45,334,530
Philadelphia banks
Specie. L. Tenders. Deposits. Circu’ation. Agg.. Clear.
§
S
58,270,111
57,6.36,693
57.344,124
57,461,311
1.874.226
1.879,359
1,9 2.867
12.618.399
5 ,714.763
1,94»,959
13,022,453
1,996.059 '12.740,471
2.056,317 12,640 356
2,163,141 13,220,313
57,272,231
57,777.3)7
57,613,6 '9
57,614.478
57,138,02)
5«,74 4,684
56,9*2,735
57,0.2 1)3
95ft®
Trade dollars
S
2,9 0,800
3,851,900
3.898,6(0
3,-35,9.i0
57,353 6.8
57.107,459
55,919,772
9514
95%
95ft
Specie. L. Tenders. Deposits. Circulation.
Ag$. dear
13\2’0,000
134,65',600
Ho,'41,900
Loins.
s
5.16ft®5.143«*
5.16ft®5.143*
40 ft
New silver dollars
follows:
1873.
®4.87l?
95*4
—
4,273,300
Philadelphia Banks.—The totals of the
are as
4.87
5.16ft® 5.143*
95ft®
Prus. silv. thalers.
are
4.87ft®4.88,
4030®
English silver
following
4.88%®4.89l*
4.88ft®4.88^*
95 %
Dimes A ft dimes.
Silver fts and fts'
Five francs
Mexican dollars..
series of weeks past:
187 8.
®
®
®
®
quotations in gold for various
.$4 83
Napoleons
'<$>4.84 ft
5.193s 2>5.1678
40*6 ® 40%
Hamburg (reichmarks)
Sovereigns...
Demand.
5.193s®5.167e
5.1938'a>5.1678
Amsterdam (guilders).
The
days.
4=.85%®4.86ft
4.84
Paris (francs;
Antwerp (francs)
follows:
60
Prime bankers’ sterling bills on I^ondon.
Good bankers’ and prime commercial...
Good commercial
Swiss (francs)
Lowest.
1879.
..
.
_
....
1,1870,
carningsrep&rte.L
$55,130 $400,500
$269,971
23,817
39,760
189,662
277,213
3,498
3,220
,23,995
17,172 •
58,060
67,111
58,060
67.111 *
Pacific...January .1 ,143,000 1.,110,988 1,143,000
1,110.988
Chicago A Alton. .3d wk Feb.
81,163
82,894
589,106
Cliic. A East. Ill..2d wk Feb.
538,245
16,002
13,929
100,216
Chic. Mil. & St. P.3d wk Feb.
93,919
115,000
161,439
919,000 1.225,587
Cliic. ANorthwesfc.
January 1
Clev. Mt. V. & D. .2d wk Feb. ,044,230 1 .,077,891 1,044,230 1,077,891
6,242
7,339
41,632
42,887
Dubuque A S.City.2d wk Feb.
13,544
22,427
85,855
Gal. Houst.
130,084 AH..January
48,932
41,966
48,932
Grand Trunk.Wk.end.Feb. 15
41,996
171,545
189,892 1,191,370 1,245,377
Gr’t Western.Wk.end.Feb. L4
98,085
92,017
563,436
706,861
Hannibo1 & St. Jo.2d wk Feb.
33,885
3L.024
199,880
Houst. & Tex. C.
197,092
.January
260,746
239,202
260,746
Illinois Cen. (Ill.)..January
239,202
450,581
487,750
450,581
do
487,750 •'
(Iowa).January
100,573
136,909
100,573
136,909
Indianap. Bl. &W.2d wk Feb.
25,532
20,975
137,854
lot. & Gt. North. .2d wk Feb
172,053
38,214
28.422
236,243
Kansas Pacific.. .3dwk Feb.
191,331
63,888
43,496
355,019
Mo. Kans. A Tex .3d wk Feb.
331,413
48.048
45,349
336.121
346.282
Mobile & Ohio
January
190,000 271,992
190,000
Nashv. Ch.A St.L.
271,992
January
157,278
177,806
157,278
177,806
Pad.A Elizabetht.lst wk Feb
5,435
6,577
30,626
Pad. A Memphis..2d wk Feb.
34,344
3,544
4,147
22,046
25.478
Ptiila. & Erie
January
212,748
220,496
212,748
220.496
Pliila. & Reading. January
957,215
673,980
957,215
673.980
St.L.A.&T.H. (bra)2d wk Feb.
11,600
10,056
71,610
St. L. Iron Mt. & S.3d wk Feb.
58,533
96,640
89,252
609,835
657.495 '
St. L. K. C. & No..3d wk Feb.
70,613
65,143
455.798
St. L. A S.E.(St.L.) 1st wk Feb
448,544
14,258
11,701
59,186
do
60,656
(Ken.). 1 st wk Feb
8,790
8,256
35,324
32,583
do
(Tenn.). 1st wk Feb
4,117
3,500
15.131
St. Paul & S. City.
16.205
January
46,724
40,467
46.724
40.487
Sioux City A St. P.
January
21,948
25,908
21,918
25.908
Southern Minn...January
37,151
60,016
37,151
Tol. Peoria A War. 3d wk Feb.
60,016
19,998
21,156
156,950
Union Pacific
207,673
January
690,541
697,500
690,541
697,500
Wabash
2d wk Feb.
'87,586
83,331
487,297
552.955
35*
*3ft
3ft
3ft
73
79%
74ft; 73
72ft 74ft 73ft 74%
21ft ,22ft
22fti 21ft
21ft 22% 21% 22%
100ft 102
100ft 103% 1102%
103%j 102ft 105ft 105% 106ft
the prices bid aua asked; no sals
was made at the Board.
,
—Latest
Week or Mo.
Atch. Ton. & 8. F.2d wk Feb.
Bur. C. Kan. A N.3d wk
Feb.
Cairo A St. Loins.2d wk Feb.
Central of Iowa.
.January
Central
..
55%
a*
A
•
..
55
21%
7% 45%
‘15ft
on
26%
.
..
5.
23%
46ft 43%
15ft
43
42ft 43% 43ft
82
82ft 82
82% 82% 82%
* 17
17%
70%
70% 7!ft
72
87%
87ft 8Sft
89%
8ft
8%
83%
S2ft 84%
84ft
116V 117%
117
11}
lift
lift
13% 13ft
13%
46ft
25%
83
43
92%
Feb. 2
The latest railroad
earnings and the totals from Jan. 1 to latest
dates are given below.
The statement includes the
gross earn¬
ings of all railroads from which returns can be
obtained.
The
columns under the
heading “Jan. 1 to latest date’’ furnish the
gross earnings from Jan. 1 to, and
including, the period men¬
tioned in the second column.
~r
'
Friday,
Feb. 27
38%
83
82
81ft
59ft 56ft
56ft
89>«! 87ft 88% 87ft
132ft! 131% 132% 132%
*130
15%
79
i 38ft
87% 88%
lift
14
5flft
43
80
117ft 216% U6%
7''ft 71ft
l'f
15%
Feb. 26.
58ft 56
43ft| 38;
aft
8ft
8ft
83% 85ft 84ft 84%
117% UTft 118 118ft
A Essex
N.Y.C. A H.
25.
40% 39ft
3% 8Lft
60% 5»ft
90% 87%
132ft 13 ft
44%' 43%
93% 93
6ft
5ft
4 % 42%
53% 52%
27% 26 ft
484
15ft
82
Erie
do
31 %
12 »
39
Tuesday, Wedn’sd’y' Thursday,
Fe \
[ Voi.. XXVIII.
2,461,523
12,334,845
12,706,345
13.127,%)7
8
*
44,109,434
29 370,449
S
11,430,703
44,486,416 11,3 3,116
41,112,833 11,393,361
45,144,517 11,395.817
44,816,112 11,386,822
44,240,0^5 11,384,-.75
44,650,121 11,-79,546
44.903,227 11,371,466
1*,873.233
45.69 L7J1
11.364.651
15,5 0,557
15,401.''SI
15,68 J,053
15,95-1,850
45,010.219
45,520,021
45,26 i,816
45,636,151
45,273,028
44,94ft027
44,576,403-
11,343,315
1H,51V1S
15,914,568
15,754,299
27.805,472
31,023,406
2l.195.2tj*
87.596,551
23,809,821
32,208.916
2G,110,362
32.976.323
31.826,979
11,340,673
33,644.739
11,325.S''*
29,942.358
11,310,790
30,748.4 62
33,163.572
30,293,686
27.312,892
11,309,856
11,306,127
11,333,434
.
J.IHWBM1—
I'
March 1,
1870.]
THE
CHRONICLE.
Sew York City
Banns,—The following statement shows the
condition of the Associated Banks of New York
City for the week
ending at the commencement of business on
February 21, 1879
Loans and
Banks.
Legal
Specie. Tenders.
Capital. Discounts.
$
$
New York
2,000,000
Manhattan Co.... 2,( 50,000
Mechanics’
2,0)0,00)
Merchants’
2,000.000
Union
I
7,1)61,030
1,043,400
633,900
5,933.60)
6,133,200
592.100
599,800
6.232.900
1,209,000
PHILADELPHIA., Etc.-Continued.
Bid. Ask.
securities.
SECURITIES.
Bid. Ask.
.
Net
Circula¬
tion.
*
Deposits.
*
832,600
530,100
1,092,600
599,000
1.131,009
BOSTON,
:
Ay UR AG K AMOUNT OP
217
$
7.676.600
41,000
4,36 '.400
500
5.455.70U
83,400
44,5)0
4,748,000
3,336,000
5,059,600
2,256,000
6,6 >5,0u0
1,829,20)
1.210.500
Northern of New Hampshire
Norwich & Worcester
OgdensD. & L. Champlain ..
do
pref..
Old Colony
Portland Saco & Portsmouth
Pueulo & Ark >nsas
Rutland, preferred
90
Phll.&R.C.&I deb. 7s. cps.off
do mort., 7s, 1892-3..
13%
Phila. Wllm. & Balt. 6s, ’84
56
»8%
95
QSh
9%
69
Pitts.Cin.&St. L. 7s, cou., l£Cv 101
Shamokin V.& Pottav.7s, 1901 101
Steubenv. & Ind.Aet, 6s, 1884. 101
Stony Creek 1st mils >907...
Sunb. Haz. & W.,lat m..53,’2i
Sunbury & Erie 1st m. 7s, ’97.
Texas & Pac. let m ,6a, g.,1905
102
104
101%
3.811.100
256,209
Vermont* Massachusetts
126.00)
Worcester* Nashua
8,069,700
233.100
782.900
25
23
1,100
100
2,4SS,U0)
265,000
315,000
do
cons m..6e,g.,1903
216,000
70
City
977.700 1,115,000
PHILADELPHIA.
6.582.900
do
Inc.&l. gr ,7s 19:5
Tradesmen’s
302,7)0
3,008,100
Union*Titusv.
1st m. 7s, ’90.
178,500
STATE AND CITY BONDS.
“39
760,400
Fulton
United N. J. cons. m. 6s, ’94.
1.553.900
195.700
Penna. 5s, g’d, int.,reg. or cp
365.900
Chemical
Warren & F. 1st in. 7s, ’9tf....
84
300.000 10.313,700 1,490,900 1,944,300
do
5s,
cur., reg
88%
9.784.900
West Chester cons.
Merchants’ Exch. 1,000,000
do
116% 118
5s, new, reg., 1892-190*2 112
3.293,000
205.100
451.800
113% West Jersey 6s, deb,,7s, ’91
2,701,100
419,000
87
Gallatin National 1,000,0)0
do
coup.,’80
6a,
10-15,
reg.,
l*77-’82.
104%
3,432,703
80.300
104*1
5->6,900
0)9
.77
9
.1
do
510,9)0
1st in. 6s, cp.,’96. 108
do
109
6s, 15-25, reg., l832-’92. iuy% 110
Butchers’& Droy.
300,ii00
1.215,800
186.300
do
105.100
1st m. 7s, ’99
982.600
103
258.900
do
63. In. Plane, reg.,1379
Mechanics’ & Tr.
300,00)
1,193.000
24,OX)
Western
20\0)0
Penn.
100
RR.
ici
932,000
195,000 Philadelphia, 5s reg......
cs,op.1899
Greenwich*
200,000
do
778,4 X)
22.900
6s P. B.,’96.
147.100
do
104
6s, old, reg
785.600
no
2.700
Leather Maaf’rs.
263.100
600,000
2.482.400
do 6s, n., rg., prior to’95
318.99)
CANAL BONDS.
1,950,800
295.300
1‘6%
Seventh Ward..
do 6s,n.,rg., 895* over ns
935,600
180.hU)
300,000
60.900
Chesap. & Dela 1st 6s, rg..’86 70
890,700
ns*
23,200
State of N. York. 800,000
Allegheny County 53, coup..
2,320 80)
Delaware Division Cs, cp.,’73.
8.300 1,071,00)
2.175,000
45.000
American Exhu’e 5,000,000 12.653,000 1,444,00)
Allegheny City 7s, re*
Lehigh Naviga. m., 6a, reg.,’84
717,00) 9.031,1-00
183.000
4s, coup., 1913
do
Commerce
mort. RR., rg.,’9*. 100%
5.000,000 14.415.200 1,124,6)0 2,760,109 8.950.600 1.620,900 Pittsburg
107
do
5s, reg. & cp., 191).
do m. coiiV. g., r» g.,’9i
Broadway
1,000,000 5,352,000
212.100
690,10.)
do
3,560,000
6s, gold, reg
899,700
do mort. gold,’97....
Mercantile
95
3,694 800
337.700
313.9 0
1,000,000
do
95%
7s, w’t’r ln,rg.&Cfi
do cons. m.7s, rg.,1911
3,’264,3'JO
179,600
Pacific
75
<io 7a, itr.nnp., re?.,’33-36*
2,373, 00
4>,?00
422,700
411.900
Morris, boat loan, reg., i885..
2,26 J.5 j0
N. Jersey 6s, reg. and coup...
Republic
1.500,000 “3,481,503
1)7,700
15\W)
Pennsylvania 6s, coup., 1910..
1.688.300
450.000
70
do
Chatham
;.
exempt, rg. & coup.
Schuylk. Nav.lst m.tis.rg ,’97.
2,9 i3.2)0
10), 5)0
450,0)0
7)2,809
2.841.600
402.50)
Camden
County 6s, coup....
do
2d m. 6a, reg., 1907
1.324 60?
People’s
112,500
.58
5-0
99,59)
01
0)9
.321.1
5,400 Camden City 63,coupon
do 6s, boar*car,rg.,19i3
North America..
2 >9,00)
700,000
1,673,0)0
40,000
do
1.495.900
7s, reg. & coup
do 7s, boat*car,rg.,l9 5
Hanover
5,818,890
311.700 1,113.100
1,000,000
5,66'J,4C0
450,666 Delaware 6s. coupon
Susquehanna 6s, coup.. .9.8 .*
Irving
3 13,800
1,933.000
500,000
103, .00
1.802.600
180.500 Harrisburg City bs, coupon..
Metropolitan.
BALTIMORE.
3,000,000 11,512,00)
457,000 3.119.00) 10.164.U0) 2,218,0(6
RAILROAD STOCKS, t
Citizens’
Maryland 6s, defense, J.& J..
690,00)
130.800
1,59:,‘..00
255.9 J0
110
1,628,80)
247,100 C anden * Atlantic
do
Nassau
6s, exempt, 1887
1,0)0,000
2,0 *0,8)9
113
14,80ft
do
do
374,709
pref..
1.9)9,50)
3,900
do
6?,
1890,
Market
quarterly..
112
Calawissa
500,000
24.800
2,115,00)
369,8)9
do
1.709.600
305 4 H)
Ss, quarterly
St. Nicholas
106
do
pref
1,93», 600
1,000,0 ‘0
51.200
Baltimore 6s, iSSl, quarterly.
164,519
733,70)
586,60)
109
do
new pref
Shoe and eather
500.' o'
31
329,000
do
3.122,0 U
333.000
6s, ;8S6, J.&J
2.809.300
110
147,00) Delaware * Bound Brook....
Corn Exchange
3 354,600
do
-3 2,9 J0
1,009,000
6s, 189), quarterly...
324,00.)
1.960,6)0
East Pennsylvania
4.700
ire%
do
Continental..
6s,
park,
1,0)0.000
3.71.7.100
1890,
Q.—M.
4,4 >0
787,500 3,094,500
114
780.300 Eimlra * Williamsport..
24% 25%
Oriental*
dQ 6s, 1893, M.&S
300,000
1.290.100
116
38.800
do
do
160,00)
1.123.900
pref..
do
6s, exempt/MS,M.&S
Marine
409.000
117
fO >,00)
7,700
-\310,000
2,3 .'6,000
do
35V,i6c Har. P. Mt. Joy & Lancaster.
1900, J.&J
114
Iinporiers’&Trad 1,500.000 10.2)5.4)0
983,900 3.344,700 17,532,900 1,063,10) Huntingdon* Broad Top...
do
1902, J.&J...
118
Park
do
do
pref
2,000,0 0 11.114,900
Norfolk water, 8s
237.300 4,325; 100 14.443,2)U
531.50)
118
Lehigh Valley
Meph. Bkg. Ass’n 500.00)
523,300
35%
t9,800
42.000
447,200
RAILROAD STOCKS. Par.
Little
294.50)
Schuylkill
Grocers’
42
300,0.K)
447,900
9.300
112.103
Balt.* Ohio
420,3)0
Siinehiil
100
North River.....
48%
240.000
743,100
47,100
do
149,40)
703.300
Wash. Branch. 100
Nesquehonlng Valley
52
East River
250,000
do
01,900
Norristown
7.51,000
76,700
Parkersb’g Br..50
597,0)0
124,700 Northern Pacific
Manuf’ra’A Mer.
Central
100,000
387,70)
50
3,10)
34,29)
"m Northern
393,0)0
Western
Fourth National. 3,2 0,000 13.9'.9.300 1,C61,003
do
Maryland
50
pref
2,608,000 12.874,800 1,045,566 North
27%
Central
Ohio
Central National. 2,000,000
50
Pennsylvania
3.%
7,601.000
471,000 1,230,000 6,710,000 1,481,000
35 % 35* Pittsburg * Connellsvllle..50
Pennsylvania
Second National.
300,000
2,177,000
70,000
465.005
2,203,000
Philadelphia* Erie
7*
269,000
Ninth National..
8%
RAILROAD BONDS.
750,000
3.265,000
111,200
671.900
3,150,200
12ft 12* Balt. * Ohio 6s, 1880, J.&J....
357,0)0 Pulladelphla A Read ng
First National...
101% 109
6.114.400 1,123,600 3,127,30) 10,952,003
500,000
do
45,000 Philadelphia* Trenton
6s, 1885, A.&O.
108
Third National.. 1,000,090
107%
5,592,000
Phila.Wilmlng. A Balti more.
610,000
N. W. Va. 8d m..guar.,’85,J*J 100
85*2,300
5.500.300
799.000
103
N. Y. Nat Exch.
PittsburgTitusv.& Buff....
300,900
1,272,600
Plttsb.A Connells v.7s,’93,J*J 104
45.200
5%
83 '.70)
288,60.)
269,010
United N. J. Companies
130% 187% Northern Central 6s, ’85, JAJ 100 105
Bowery National. 250,000
1,171,000
29,090
•223,000
803.000
107
225,0t0 West Chester consol, pref....
New York County
do
2'0,00)
1,095,500
68,1900, A.&O. 106 107
8,7C0
539.800
1,164,000
West Jersey
180,000
German Americ’n
do
6s, gld, 1900, J.AJ. 100
750.000
1.967.200
93,10)
100%.*
293,809 1.845.500
CANAL 8TOCKS.
Cen. Ohio 6s, 1st m.,’90,M.& S. 103
Chase National..
107
300,000
3,150,300
67.800
491,00)
W. Md. 6s, 1st m.,gr.,’90,J.*J. 108
1.665.600
265.666 Chesapeake * Delaware
America
Phoenix
3,000,000
1,0 >0,000
1,000 00)
1,000,000
6 >0,000
...
.
J8!»
•
•I
‘
-
....
•
..
.
...
•
.
...
..
•
.
...
....
..
.
Total
61,375 2X) 244,007.000 17,931,300 45,377.000
216,382,60) 19,335,90-6
No report; same as lasf week.
..
♦
The deviations from returns of
previous week
Loans
.*
Dec.
Dec.
Dec.
Specie
Legal tenders
The
following
are
Loans, '
1878.
19.
26.
2.
9.
16.
23.
30.
Dec. 7.
the totals for
218,634,300
L. Tenders.
S
13.991.100
42,(3)0,800
40,729,100
39.962.500
246.593.100 15,547,800
245.108.100 19,860,500
244,511,800 24.141.100
240.224.200 26,373,200
237.645.500 2s,405,400
231.917,700 23.414.400
236,43^,400 22.9 >7,400
239.915.500 20,169,; 00
239,0^7,200 20,832,900
235.974.100 20,911,5)0
2 >5,824,40 - 20.514.100
Dec. 14.
Dec. 21.
Dec. 28.
1879.
Jan.
4. 231,250,000
Jan. 11. 330,682,0)0
Jan. 18. 233,1(>8,400
Jan. 25. 234.416.200
Feb. 1. 233,241,400
Feb. 8. 242.280.200
Feb. 15. 214.186.500
Feb. 21. 214,0)7,000
a
40,219,000
39,155,400
39.933.200
40.583.200
41,275,70)
39,961.000
40.478.500
34,600,000
40,767, 00
follows
are as
Dec.
$888,609
.Dec.
Agg. Clear
$
424,149,900
482,291,920
392,878,293
433,571,553
408,9)3,425
460,572.731
404,037,742
363,2 8,659
436.695,221
33.1,741,510
42 ,214,872
325,696,134
41/33,600. 206,173,000 19.843.800 411,598,790
45,055,400 206.432.200 19,785,0)0
17.344,600 49.965.800 211.590.600 19.767.600 424,41 i.225
17,431,700 53,599,600 214.981, '200 19.617.600 486,222,519
18.633.300 54,043,800 219.214.200 19.486.600 507,331.749
17.849.300 51,135,400 219,387,300 19.427.100 611,674,03)
18,059,500 48.334.800 217.271.200 19.398.800 493,110,515
452,720,433
17.9 Jl, 300 45,377,000 216.382.600
19.335.900 434,908,904
QUOTATIONS IN BOSTON, PHILADELPHIA AND OTHER CITIES.
Ask.
BOSTON.
Maine 6s
Igdensburg A Lake Ch.SB...
Colony, 7s
Massachusetts 5s, gold
Boston 69, currency
do
5s, gold
Chicago sewerage 7s
do
Municipal 7s
Portland 6s
Atcb. * Tcpcka 1st m.7s
Boston
•
do
• *
...
112%
114%
iis
Albany 7s
"6s
113
113
115
....
107
Boston * Lowell 7s
Boston * Lowell 6s
Boston * Maine 7s
6s
do
new.
7s
do
&
Topeka
Albany
..
Lowel*
Maine
....
H8
75
25
....
106
.
....
Providence
106%
132%
133
66
11L
111%
65
.
110
....
In Neb...
123% 123%
Cheshire preferred
27
29
Chic. Clinton Dub. & Min.... 40
47
Cln.Sandusky & Clev
5
4%
Concord
76
80
Connecticut River
139
Conn. & Passumpslc
45
...
.
08%
117*
114
7s, Inc .• 110
'68%
118
..
.Eastern (Mass.)
io%l 10%
Hampshire)... 70 | 72
Fitchburg
117
Kan. City T< p. & Western...
104% 104%
Manchester
(Easters (New
*
Lawrence....
Nashua* Lowell. ...;
New York * New England...
do
2dm. 6s.’8>..
do
3d m. 6s,’87..
Camden & Amboy 6s,coup,’S3
do
6s, coup., ’69
do
mort. 6s, ’89.
Cam.* Atl. 1st m. 7s, g., 19 )3
do
2d m., 7s, cur.,’79
Cam. & Burlington Co. 6s,’97.
Catawissa 1st, 7s, cony., V2...
...
90
chat, m., 10s, ’88
new7s 19)0.
110
113
no
East Penn. 1st mort. 7s, ’88
no
113
EI.& W’msport, 1st m., 7s, ’80. 103% 104%
do
70
5s,perp
..
Harrisburg 1st mort. 6s, ’81...
H. & B. T. 1st m. 78, gold, ’90. 114% 116%
do
2d m. 7s, gold,’95. 102
do
Sdm.cons. 7s,’95*. 28
Ithaca* Athens 1st g d, 7s.,’9) 108
J unction let mort. (L, ’82.
...
2d mort. 6a, 19)0
do
|
.7a
VSOs
do
108
..
L. 8up. & Miss., 1st m., 7s g.
111
112%
do
do reg., 1898.. 112
112%
do 2 I m.,7s, reg., 1910.
115% 118
do
con. m., 6s,rg.,1923 101% 102
do
do
6s, p.,19.8 101% lu2
Little Schuylkill, 1st in. 7a’-2
Lehigh Valley, lst,63,cp.. 189S
North. Penn. 1st m.6s, cp.,‘85. 107k 108%
do
2d m. 7s, cp., ’96. liy
120
gen. m. 7s, cp., 1903. no
do gen. m. 7s, reg., 190*8 111
b4
Oil Creek 1st m. 7s, coup.,’8).
rittsb. Titusv.* B.,78,cp.,’96
do
scrip....
109
112
do
South. RR. 7*30a.
do
do
6s, gold
Hamilton Co., O., 6s. long...
1H% 112
100%
100
7s, l.to5yrs.. 101
do
“7 * 7*308, long. 104
Cln.&tJov. Bridge st’k, pref. 100
Gin. Ham. * D. 1st m. 7s, ’80 + 101
do
2dm. 7s, ’85+ 98
Cln. Ham. A Ind., 7s, guar.... 50
CIn. * Indiana 1st m. 7s
102%
do
2dm. 7s, N7
74
Colum. A Xenia, 1st m. 7s. ’90 104
Dayton * Mich. 1st m. 7s. *81+ 102
do
2d m. 7s,’84.+ 100
do
3d m. 78, ’88+ 93
Dayton* West. 1st m.,’8I...+ 100
do
1st m., 1905
87
do
1st m. 6s, 1905 too
Ind. Cln. & Laf. 1st m. 7s
do
(I.&C.) 1st m.7s,’i
do
108
...
104
104
+ 100
..
10l%!112
111
|lia
115
1116%
104*106
1U0
36%
MISCELLANEOUS.
.
People’s Gas
CINCINNATI,
Cincinnati 6s
,\
100
Connecting 6s, 1900-1904...
Charters Val., 1st m.7i,C.,l90:
Delaware mort., 6s, various..
Del. & Bound Br., 1st, 7s. 1905 1U9
do
81
103
108
Baltimore Gas certificates...
35
103%, 104
119
105
119
85
110
112
102
108
...
pref...
RAILROAD BONDS.
do
<do
do
1st m., ‘.890, J. A J...
do 2d m.,guar., J. * J....
2d m., pref
do
do 2d m.,gr. by W.Co.J&J
do 6s. 3d in., guar., J.A J.
Mar. & CIn. 7s, ’92, F. A A
do
2d,M.*N
do
8s, 3d, J.&J
Union RR. iBt, guar., J. & J..
do
Can ion endorsed.
,
101
iosf
108
ioi‘%
100
69
103
78
106
l»2%
.
Little Miami 6s, ’83
+
Cln. Ham. * Dayton stock.
Columbus * Xenia stock...
105
18
Dayton & Michigan stock....
do
8. p.c. st’k, guar
Little Miami stock
ios%
LOUISVILLE.
Louisville 7s
t 103
6s,’82 to ’87.
+ yyi
6s, ’97 to ’9*.
f 09
water 6s,’87 to ’89 +
09'^
water stock 6s,’97.+ 90
%
wharf
6s
+
00
106%
loog
100%
100%
100
spec’l tax 6s of ’89.f 09% 100*
Pa.&N.Y.O.* RR.78,1891)
li:% 118% Louisville water 6s,Co. 1907 + 103
103%
Jeff.
M.&l.lstm.
Pennsylv., 1st m., 6s, cp., ’80.. 104% 104%
(1AM) 7b,’81+
...
J
...
City Top. * W., 7s, 1st
do
106
Passumpslc, 7s, 189;.
Eastern, Mass.,3)<s,
Fitchburg RR., 6a
Kan.
’05%
Neb. 8s, 1983
AtchLon
Boston &
Boston &
Boston &
Boston &
i09
Burlington A Mo.
117% 118
Boston * Providence 7*
Burl. * Mo., land grant 7s....
115%
do
Neb.
do
Conn. *
....
Vermont*Mass. KB.,6s
land grant 7s
2d 7s
land Inc. 3s..
as
•
38%
118
do
6s
Omaha & S. Western, 8s
Pueblo & Ark. Valley, 7s
Kutland 83,1st mort
Vermont & Canada, new 83..
55
do
99
Old
Vermont bs-.T.'
do
do
do
Bid. Ask.
~33 ~
Hartford & Erie 7s, new
51
1*6% 128
...
7s, E. ext., 191$
do
Inc. 7s, end..’91. 27
Belvidere Dela. 1st m., 6s,1902.
18.962.400
Bid.
Susquehanna
15*
Allegheny Vai., 7 3-108,139)..., 112)* 113%
do
20,996,290
SECURITIES.
do
62,9:0
series of weeks
past;
Deposits. Circulation
$
s
‘210,041.200 19.593.100
268.144.600 19,601,2(H)
211,095,700 19.889.700
215.413.100 19,901,300
210.737.600 19,905,400
209.752.100 19,909,40)
2ii7,13i,800 19.961.900
206,79 7, *00 20,0) <7,00)
20;,058,600 20,‘'53,200
206.134,400 20.141.600
203.625.600 2 ',077,000
203,200,700 19.576.700
pref
Pennsylvania
Schuylkill Navigation
:
15%
Morris
do
Net deposits.
Circulation..
123,200
2,957.800
Specie.
$
S
Oct. 12,
Oct.
Oct.
Nov.
Nov.
Nor.
Nov.
Nov.
$179,500
Delaware Division
Lehigh Navigation.,..../...
30%' ‘37
6s, cp., 1910
do
6s, rg., 1910.
do
cons.m. 6-, rg., 1905
do
cons. m. 6s. cp., 1905.
do
Navy Yard 6s, rg,’61
Perklomen 1st
rerKiomen
m. 63, coup.,’Jl
i»uiii.os.uuup.,
ji
Phila. & Eric 1st m.6a, cp.,’8i
gen. m.
gen. m.
111
113
113
117
103%
do
2dm., 7s
94
05
m.,78,1906....+ 109% 110%
LouIsv.C.&Lex. I8tm.7s,’97+ 108% 109
do
1st
102
102% LoQls.&Fr’k.,Loulsv.lnf6s,’8i
70
107
75
103
Loul8V. A Nashville—
Leb. Br. 6s,’86
+
1st ra. Leb. Br. Ex.,7s,’80-S5.+
Lou. In.
do
6s, \*3...+
Consol. 1st m. 7s, ’SS
Jefferson Mad. * ind stock.
Louisville* Nashville stock.
do
2d m. 7s,cp.,’984;.v
100%
Phila. & Read. 1st m. 6s, ’43-’44. 101
do
do
’48-.49do
2d m., 7s,' p...sr 115
do
deben., cp./?&
ST. LOUIS.
do
do
St. Louis 6s, long....
cps. oil.
+
do
52
scrip, 1862.
water 6s, gold
t
In. m.7s, cp,l896
do
do
do
new.f
do cons. m. 7s, cp..l9i!.. 103% 104
do
bridge appr., g. 6s +
do cons. m. 7s, rg.,1911.. 103%
do
renewal, gold, 6s.t
do cons.m.6s,g.i.i9il.... 93
95
ao
sewer, g. 6s, ’9i-2-3.+
do conv. 7s, 1893*.......
52
St. Louis Co. new park, g.6s.+
do
7s, coup, off, ’93
do
cur. 7s
29%
+
Phila.* Read. C.A L deb. 7s,V2
.
*1ndff»n’t.
x Per share.
+ And Interest.
....
100
100
100
107
100%
1C0%
100%
100%
107%
103% 104
40
41
105% 106%
106*
107
107
i(,7
107
107
107
'
.
218
THE CHRONICLE.
[VOL. XXVIII.
QUOTATIONS OF STOCKS AND BONDS
IT. S.Bonds and active Railroad Stocks
quotei
are
on a
previous paje.
STATE
Bid.
BXCnjBITTE S.
Alabama 5b,
do
5b,
do
8s,
do
8s,
1883
1886
4S
48
48
48
48
1886
1S88.
do
8S.M.&E.RR..
do
8s, Ala. & CU.K.
do
8b of 1832
Jo
8h of 1893
do
Class A
Class B
do
Class C
do
Arkansas 6s. funded
•
.
t
#
•
•
.
.
.
.
17
B
3
3
3
.
5*
5
•
•
«
.
.
•
•
.
•
•
•
do
100^
...
6s, new
68, new float’g debt.
do
7s, Penitentiary
do
6s, levee
do
8s, do
do
bs, do 1875
do
88, of 1910
do
7s, consolidated
do
7s, small
Michigan 6s, 1878-79
do
6s, 1883
do
7s, 1890
Missouri 68, due 18S2 or ’83.
110
110*
109%
111
110
do
1886
do
1837
do
1883....
do
1889 or’90....
or Un.,due 1892
do
do
do
Asylum
Funding, due 1334-5
...
RAILROAD
RaUroad Stocks.
Albany & Susq.,
Activeprevi'usly quot'd.)
Burl.O. Rap. & Northern.
Chicago* Alton, pref...
Dubuque & Sioux City.
Harlem
.
'60
150
157
Chicago
Ldng Island
Nashv. Chat. & St. Louis
New York Elevated RR..
iLY.New Haven & Hart.
Ohio & Mississippi, pref
Pitta. Ft. W. & Ch
spec..
.
.
8t. Louis Alton & T. H—
do
{
do
pref.
130
49%
46*
it»
12*
S3
Atlantic & Pac. Tel
Am. District Telegraph...
Santofn Co., Baltimore
37
....
27*
Coni
Canscnidat’n Coal of Md..
Cumberland Coal * iron.
107
50
49*
100*
13
35
38
40*
29%
Vo
135
•
•
•
130
“4%
5
,
39%
26*
guar.
North., 1st 5s..
Mlnn^fe St.L.,lst 7s gua
CheBa. & (\ pur. m’y fd
do 6sg,Ser.6,ln .def.
do 6s cur lnt. def...
,
Chicago
02 Alton 1st mort.
do
Income,
do
sink’g fund
Joliet & Chicago, 1st m.
La. & Mo., 1st in., guar..
■
30
....
72*
■37%
ii'7
39*
‘98
39
120*
105
103% 103%
107
104
Bt.L.Jack.& Chlc.,l8t m. 110%
Chic. Bur.* Q. 8 p.c.,lstm *112*
do
consol, m. 7s
117%
do
5s sink, fund
Ch.Rk.I.&P. ,s.f .lnc.68,’95.
ta, 1917, coupon
ds, 1917, regist’d.
Keok.&D M’s,1st 1 g.,5s
Central of JN. J., 1st m., '90
..
dO
do
do
do
do
lSt C0U80’
tssented.
do
do
assented.
Am. Dock & Imp. bonds
do
do
j.ssented.
Ch Jill.* St.P.istm.Ss.P.D
do
2d in. 7 3-10, do
do
1st 7s, $g.,i:.D
do
lstm.,LaC.D.
do
1st m.,I.& M...
do
Ist m., 1. &D.
do
lstm.,H.&D.
do '
1st m., C. & M.
*
do
consol.slnk.fd
do
2d m
do 1st m.,7s, L&D.Ex
Chic. & N. West. sink, fd
do
lnt. bonds,
do
consol, bde
do
ext’n bds..
do
Istmort..
do
cp.gld.bds.
do
reg. do
*107%
Iowa Midland, 1st m. 8s.
Galena & Chicago Ext
104%
Peninsula. 1st m.,conv.
110
Chic. & Mllw., 1st mort.
Winona * St. P., ist m..
do •
2d mort. 102*
t .C.C.&lnd’slst m.7s,SF.
115
do
consol, m. bds
98
Del. Lack. & West., 2d m.
107*
do
7s, conv. 101
do
mert.. 7s, 1907
109
.
;io9*
.
108%
•
103%
101
.
107*
ii'4'%
.
io«%
,
Sir. Blngh. & N.Y. itt.Ts
do
do
do
Essex, 1st.
m..
2d mort..
bonds, 1900;
construct*
7s, of !87i
1st con. guar.
Del.*Hud.Canal, 1st in.,’8,
105*
121
107*
100
95
do
do
do ~
do 189
1st extended
coup. (H. :69
do
reg. is. 189
do 1st Pa oiv.c. 8,1917
do
reg
Albany & Susq. 1st ods
do
d ■»
;’d
.
<lo..
3d bonds.
101*
103%
118
104
99*
103
North
Missouri,
*
Pennsylvania RR—
Pitts. Ft. W. & Chic., lstm..
do
do
2dm..
do
do
3d m..
Cleve. & Pitts., consol., s.f.
do
4lhmort....
Col. Chic. & Ind. C., 1st mort
do
2d mort
Tr. Co cti.,Lt cons.
100
Rome Watert’n & Ug..con. 1st
122
St. L. & Iron Mountain, 1st m.
do
do
2dm.
St,L.K.& N. Ii’l E’e & R.,7s, ’95
93
L.
31.
Alton & T. H.,lst mort.
do
2d mort.,pref..
do
2d mort. inc’me
99% i
Belleville & S. Ill.R. let m. 8s
99* Tol. Peoria * Warsaw, 1st E.D
do
1st W. D
102
do
Burlingt’n Dlv
do
2d mort. 1-80
do
103%
consoles, 1919
P.Com. Kcpts.lst.E.D
do
1st, W.D
do
Bur. D
l«t. pref Inc for 2 i M
.
•
.
.
AND
.
.
100
100%
114* 117
.
do
con. convert
ex coupon.
do
Great
116
Western, 1st
do
109% 110*
102*!....
108* 1110%
m., 1888.
coupon
ex
do
do
2d mort.,’93....
ex
Quincy & Toledo, 1st
100
o
■
30
ex
m.,
’90..
coupon
Illinois & So. Iowa, 1st mort
do
ex coupon
Pekin Linc’ln & Dec’t’r,lst m
Western Union Tel., 1900,cp..
do
do
reg....
Income Bonds.
Central RR. of N. J
'90S
Leh.& WRkesbarre Coal..1888
106* 107
*115
89
+
90
102
81%
82*
10
67*
*135
106*
68*
i07
109*
in*
'
91
'95
111*
*113
112
115
48
105
Indianapolis 7-30s....
1105*
95
RAILROADS.
..
111%
93
30
do
„
99
h
99%
101
6s, 2am.
g.
Central of Iowa lstm. 7a,gold.
Chic. & Can. South istm.g. 7s.
Chic. & East. Ill. 1st
mort., 6s.
do
2 dm. Inc. 7s.
Ch.St.P. & Minneap., 6s,g.,new
do
109*
100% 100% Chic.
Cin.
STATES.
do
1. gr., Ce, g
& S’thwestern 7s, guar..
Lafayette & Chic., 1st
m..
93
103
97
100
90
43
37
80
32
88
50
94
74
16
Atlanta, Ga., 7s
8s
Augusta,Ga.,7s. bonds...
stock 6s
Charleston, S. C., 7p, F. L.
Columbus, Ga., 7s, bonds.
Lynchburg 6s
Macon bonds, 7s
Memphis bondt C
102
95
48
41
85
38
92
51%
+113
113
115
+ 101
102
98
105
97
10O
107
102
102
55
75
60
100
Endorsed, M. & C. RR.
Compromise
30
Ronds A and B
Mobile 5s (coups, on)
88 (counoi\8 on).
6s, funded
Montgomery, new 5s
V p vy
n6W
Consolidated 68
Railroad, 6s..
25
27*
8s.
Richmond 6s
Savannah7s, old.......
w
*•••••
.••••••
tlm’tonfN.’c!,68,g.) coup
J
RAILROADS.
Atlantic & Gulf, consol...
Consol., end.by Savan’h
Carolina Cent. 1st m. 6s,g.
Cent. Georgia consol.m. 7s
Stock
Chari’te
Col.&A.,
100
95
107
103
65
65
75
40
81
90
£0
30
30
105
il2
*70
70
85
on.
cons.
7s.
do
do
2d 7s.
Cheraw & Darlington 6s..
East Tenn. & Georgia 6s..
E. Tenn.& Va. 6e.end.Tenn
E. Tenn. Va. & Ga. 1st. 7s.
....
...
“63%
....
20
100
20
30
60
101
108*
72
80
55
104
90
95
98
80
104
100
75
95
98
78
5
40
102
iS«
90
70
70
50
35
79
25
109
102
35
35
110
78
88
60
100
100
40
106
102
80
90
40
100
100
80
*37
41
105
100
134
94
75
75
55
20
80
29
111
.
105
98* 100
*86
101* 102*
103
99
95
109
90
90
78
45
16
110
*96.
85
55
20
ioo
84
105
82
97
35
....
...
35
45
72
80
24
20
««••••••••
New Orleans prera. 5s
78
W
30
Qa
Nashville 6s, old
6s
00
SO
8
8
20
Col. & Hock V. 1st 7s, 38 years, *104
Stock
105
*99%
do
1st 7s, 10 years, t99
101
Georgia RR. 7s
106
do
ioti*
2d 7s, 20 years..
6s
*91
93
95
Dan. Urb. Bl. & P. 1st m. 7s,
41
stock
46
g.
109% 109* Denver Pac., 1st m.7s, ld.gr.,g.
45
Greenville & Col. 7s, 1st m.
52
113
113% Erie & Pittsburgh let 7s
100
7s. guar
do
114*
con.m.. 7s..
95
Macon & Aug.21 endorsed
'99
ib5%
do
7s, equip...
78
Memphis <s Cha’ston 1st 7fc
Evansville & Crawfordsv., 7s.. 102
2d 7s
107
Evansville Hen. & Nashv. 7s...
49
Stock
48
85
*78
Evansville, T. H. & Chic. 7s. g.
55
Memph. & Lit. Rock 1st 4s
Flint & Pere M. 8s,Land
94* 95
*85
"90
grant.
Mississippi Cent. 1st m. ib
Fort W., Jackson &
2d mort., ex coupons....
Sag. 8s, 89
*i'l4*
Grand R.& Ind. ist 7s, l.g., gn. 101
Miss. & Tenn. 1st m. 8s, A.
103
do
1st mort.. 8s, B
ist'.s, 1. g., notgu.
95
...
91
iii 113
do
1st ex l.g. 18.
Mobile & Ohio sterling 8s
75
62
Grand River Valley 9s, 1st m..
!C0
Sterling ex cert. 6s
+90
*47
Houe. & Gt. N. 1st 18, g., certe.
77
74
8s, interest
Hous.& Texas C. 1st7s, gold.. 103* 105
2d mort. 8s
do
*97% 97%j
West, div
98
100
New 1st mort
100
do
Waco
98
100
New deben.ures
do
N. o. & Jacks, ist m. 8s.
95
98
consQl. bds..
730
In i. Bloom. & West., 1st
33
35
Certificate, 2d mort. 8s.
*31
Indianapolis & St, Louis IstTe
00
Nashville Chat. & St. L. 7s
65
27
29
indlanap. & Vlncen. 1st 7s, gr..
93
87
1st, «8, Tenn.& Pac. Br.
27*
International (.Texas) 1st 7s...
75
80
lst,6s,Mc.M.M.W.&Al.Br
90% 96* lnt. H. & G. N. conv. 8s
20
Nashville & Decatur 1st 76
80
Jack. L. & S. 8s,lstm.,“white” tl07
Norfolk & Petersb.lst m^s
Kal. Allegan. & G. R. 8s, gr...
Istmort. 7a
105
100
121
Kalamazoo & South H. 8s, gr..
2d mort. 8s
94 100
123
*121
Kansas City & Cameron 10s... tH2* 115
Northeast., S.C., 1st m. 8s.
115
118
Keokuk & D.M., 1st 5?, gr.R.I.
2d mort. 8s
90% 90*
110
120
Long Island RR., 1st mort.
99
101
Orange &Alex’dria, Jets,6s
HI
Louisv. & Nashv. cons. m. 7s. 110
iJS,6S
64*
do
2dm., 7s, g..
i'oo
99
3ds,8s
25
Michigan Air Line 8s, 1890
<102
4ths,8s
■57%
Montclair & G. L.lst 7s, (new).
Rich. Fred. & Potomac 6s.
35
29
N.J. Midland ls't 7s, gold
mort.7e
38
41
111
N. Y. Elevated RR., 1st m
Rich.& Danv. lstconsol.6e
105% 100
N. Y. & Osw. Mid. 1st....
7
8
Southwest.,Ga,,conv78,’86
102
1031
do receiv’s ctfs.(labor)
35
28
Southwestern, Ga., stock.
111
do
do
S. Carolina RR. 1st m. 7s
(other)
25
82
Omaha & Southwestern RR. de 117
7s, 1902, non-en joined...
40
Oswego & Rome 7s, guar
91
7s, non mort
95*
108
Peoria Pekin & J. 1st mort
40
Savannah
& Char .1st m. 7s
* 30
Pullman Palace Car Co. stock.
Cha’ston
& Sav. 6s, end.
84* 85* i
do
West Ala., 1st mort. 8s
ods., 8s, 4th series
98
St. L. & I. Mt. (Ark. Br.)
2d m. 88, guar
7s, g.
92
3t. L. & San F., 2d in., class A.
65
PAST DUE COUPONS
do
do
class B.
39
Tennessee State coupons..
do
do
class C.
30
South Carolina consol
St. L.&So’easl.
cons.7s,gold,’94
42
Virginia coupons
St. Louis Vandaiia & T. H. 1st.
105
Consol, conn
do
2d, guar
76*
Memphis City coupons
.
*103
*112
5070
45
99
55
20
20
25
Ala.&Chat.,Rec’sctfs ,var
93*
so-
ios
CITIES.
8s, gold
& P. Peak, 6s. gold..
Boston & N. Y. Air Line. 1st m
Cairo & Fulton, 1st 7s,
gold...
California Pac. RR., 7s, gold
87
85
82
S. Carolina con. 6s
I Norfolk 6».
102* Petersburg 6s
113
114
110
105
113
98.
84
53
80
80
(Brokers' Quotations.)
Charleston
108
113
106
110
112
no
113
113
60
52
107
109
102
110
115
102
86
99
85
Sontli’n Securities.
Waterworks
105
111
*104
+109
79% Atchison
112
Sand. Mans. <z Newark 18.
S. Side, L. 1., 1st m. bonds
do
sink. fund..
P. Mfnn. 1st mort. 7s, ’88..
South. Mine.. 7s, 1st
Tol. Can. S. &Det. 1st 7s, g
Union & Logansport 7s
Un. Pacific, So. Br.,6s. 1
Texas
....
79%
small
registered
(good).
Rejected (beet sort)...
6s, 1892
...M.&S.
7s, gold, 1892-1910..J.&J.
7s, gold. 1901
.J.&J.
■10s, pension, 1894.. J.&J.
U03
tl06
do
Water 7s, long.... 1110
Oswego 7s
+ 101
Water.
till
108* Poughkeepsie
Rochester C. Water bds.. 1303. +112
104* ....
Toledo 88. water, 1894-’94
no
104* 106
Toledo 7-30s.
+101
121
Yonkers Water, due 1903
110
121
123
121
121
105
do
do
..25
Hartford 6s, various
109
Virginia 6s, old
6s, new bonds, 1866
68,
do
1867
BONDS.
Miscellaneous List.
(Brokers' Quotations.)
long
...
...
81
coupon
Land C., 1339, J. & J
Land C., 1889, A. & O....
7s of 1838
Non-fundable bonds
Tsnnessee 6s, old
do
68, new
do
- 68, new series..
6s, consol..bonds
6s, ex matured coup
6s,con8ol., 2d series.....
6s, deferred bonds
D. of Columbia 3*65s, 1924.
•
3
3
1
£ewr &.AVar-»
89*
-U6**,
•
*3*
Class *
Class 3
Long Island City
Newark City 7s long
...
.
10
9*
10
STOCKS
do
1909
do State Aid bonds....
do Land Grant bonds
Western Pacific bonds...,
Southern Pac. of Cal., 1st m.
Union Pacific, 1st mort. b’ds
do
Land grants, 7s.
do
Sinking fund...
Pacific R. of Mo., 1st mort...
do
2d mort
do
Income, 7s.
do
IstCaron’tB
South Pac. of Mo., 1st m
Kansas Pac., 1st in.. 6s, 1895..
do
with coup, ctfs
do 1st m.. 6s, 1896
do
with coup.ctfs.....
do 1st, 7s, Lea\
en.br.,’96
do
with coup, cl f8
do lst,7s,E-&L.G.D’d.’99
do
with coup. ctfs...
do 1st m., 7s, I’d gr., ’80.
do
with coup, ctfs
do 2d mort.,7s. 1886.
do
with coupon ctf *..
do Inc. cp. No. L on 1916
do Inc. ci>. No. 16on 1916
do Den.Dlv.Trust Re •..
no
Detached coup. do.
12%
8
A. & O
T „
....
* *
7s, sewerage
do
7s, water
till
do
7s, river lmprovem’t
tioo
Cleveland 7s, long
♦ill*
Detroit Water Works 7s....,.. till
Elizabeth City, short
50
Ohio & Mlrfs,, consol, sink. fd.
do
consolidated....
do
2d do
do
do
do
*
for cous’d
k
& Vabash,,
1st m. extend
do
ex coupon
do
istm.St.L. dlv
do
ex-matured coup...,
do
2d mort
do
Extended, ex coup.
do
equip’t bonds
1 iqu
110*
120
113
114
_
80
do
6s, 1887
6s, real estate...
6s, subscription,
do & Hudson, 1st m., coup
do
do
lstm., reg.
Hudson R. 7b, 2d m., s.f., 1885
Canada South., 1st guar..,...
Harlem, 1st mort. 7s,coup...
m.,
1st mort
100
CITIES.
do
7s. reg
100%
Albany, N, Y., 6s, long
Buffalo Water, long.
Chicago 6a, long dates...,
do
do
do
do
11*2*!
*100*
20*
...
.
..
.
118*
*119*
m.
RR.,lst
19*
Ohio 6b. 1881
114
113
102
.
adj’mt b., 1903.
Lehigh* W.B.con.guarl
109
109%
8s. 1882, s.f.
do 1
equipment bonds.
Mo.K &T.,ccns. ass., 1S04-5-S.
<
do
2d m. ine., 1911
II. & Cent. Mo., l6t, 1890...
New Jersey Southern lstm.Te
do
consol. 7s, 1903
N, Y. Central 6s, 1883
do
do
N. T. Elevated
Funding act, 1866.
.
1863
do
do
#
110%
102*
..
assemed
f
sterling
1st
.
do
110% 1*1%
111% 112*
do
1st Spring, dlv..
112* Pacific Railroads—
90%
Central Pacific gold bonds
118
do San Joaquin branch
do Cal. & Oregon 1st
conv.
korrle &
do
do
do
April & Oct
.
do
Metropolitan Kiev., lsti 1S03.
IMlch. Cent., consol. 7s, 1902...
40% I
‘
...
do
•
.
'
...
Special tax, Class l
t
Ohio 63. 1886
Raode Island 6s, cp., ’93-4
South Carolina tta..
Jan. & July
.
New bonds, J. & J
107*
8RCURITIES.
...
Funding act, 1866.
....
*
194%
..
100
♦ *
coup.. 5887
Ask.
lOo
do
A. & O
N. C. RR
J. & J
do
..A.&O
do coup, off, J. & J
do
do
off, A. & O
....
-
Bid.
loan.. .1883.
do
.1891.
do
189‘2
do
,1893.
North Carolina—5s, old. J. &J,
•
.
...
Maryland Coal
do
Bur.C. R&
do :
do
2d mort.
Lake Shore—
Mich S. & N. Ind., S.F., 7 p.c.
Cleve. & Tol. sinking fund..
do
new bonds....
Cleve. P’vllle & Ash., old bde
do
do
new bdsBuffalo & Erie, new bonds
Buffalo & State Line 7s...,
Kalamazoo * W. Pigeon, 1st
Det. Mon. & Tol..lst 7s, 19CS
Lake Shore Dlv. bonds
do
Cons. coup.. 1st.
do
Cons, reg., 1st.,
do
Cons, coup., 2d.
do
Cons, reg.,2d...
Marietta & Cin. 1st mort
....
100
Qu.cl$silver
dc|
pref.
’
95
....
niseel’ons Stocks.
Adams Expre-s
Ameiycan Express
United states Express....
Wells', Fargo & Co
Pennsylvania Coal
Soring Mountain Coal..
>IiiTposaL. &M. Co....
i
; do
do
pref.
Ontario Silver Mining....
Homestake Mining.
j Bail road Bonds.
Sloe* Exchange Pi'ices.)
Boston H. & Erie, 1st m..
7s, 1879.
Cedar F. & Minn., 1st mort..
Indlanap. Bl. & W., 1st mort..
10%
....
TerreiHaute & Ind’polis..
United N. J. R. & C.......
American
2d
do
Sd
do
4 th do
5th do
7s con?,
•
...
*120
111. Cen.—Dub.&Sloux C..lstm
do
do
2d dlv.
.
Rensselaer & Saratoga
.
Erie, Istmort., extended...
do
do
do
do
do
do
•
90
7s, 1883.
7s, 1830
78, 1888
gold bonds, 1920.
Long Dock bonds.
159 % 159%
Buff. N. Y. & E. 1st. m., 1916...
38
Han. & St. Jo., 8s, conv. mort.
,
Joliet &
'58
do
do
do
do
do
JIISCELLAISEOCS
do
lstre?...
Denv.& Rio Grande 1st m.,1900
33
*
20
50
50
49
aicoas.*ua
Kens. * Saratuga, 1st coup
80
2 9%
Albany & Susquehanna...
SECURITIES.
Missouri— Jan. & S\ Jo.. 1885.
do
do 1887
New York Stategold,»reg... .1887.
...
•
....
AND
•
YORK.
Prices represent the per cent value, whatever the par may he..
Ask.
•
NEW
BONDS.
,
..
105
Georgia 6s
do
7b, new bonds....
do
7s, endorsed.
do
7s,gold bonds...
100
100
100
38
38
38
38
38
38
38
ao
do
50
58
*3*
7s, Miss. O. & R. R.
1879
L mislana 6s
• •
..•4
•
49*
do 7s, Ark. Cent. RR...
Connecticut 6s
•
»
Bid.
SECURITIES
Illinois 6s, coupon,
do
War loan
•
12
50
75
do 7b, L. R. & Ft. S. lss
do 73, Memphis & L.E.
do 7s, L. R.P. B.&N.C
•
Kentucky 6s.
'20
• • •
.
do
Ask.
IN
"5
30
110
110
87
110
100*
40
30
10
40
114
114
March 1,
1879.].
THE
CHRONICLE.
NEW YORK
Bank
Companies.
Capital.
Surplus
Dividends.
latest
dates. §
Price.
oS
npt Nat’l.
Amount
Ah
America4..
100
Am.
100
100
Exchange
Bowery.......
Broadway
3,000,000 1,413,700
5,000,000 1,163,900
Period 1877. 1878.
J. & J.
25
Butchers1' & Dr 25
Central....
100
Chase
100
Chatham
25
Chemical
100
300,000 3,133,000 Bi-m’ly
Citizens’
25
600,000
139,200 J. & J.
City
100 1,000,000 1,410,300 M.&N.
Commerce
100 5,000,000 2,669,900 J. & J.
Continental.... 100 1,000,000 383,200 J.& J.
Corn Exch’ge* 100 1,000,000
745,000 F.&A.
East River
25
250,000
54,000 •J. & J.
11th Ward*.... 25
100,000
7,500 •T. & J.
Fifth
100
45,200 J. & J.
150,000
Fifth Avenue* 100
100,000 150,700
First
100
500,000 1,142,700 Q-J.
Fourth
100 3,200,000
773,200 J. & J.
Fulton
30
600,000 413,400 M.&N.
Gallatin....
50 1,000,000
056,000 A.& O.
German Am.*. 100
750,000
32,700 F.& A.
German Exch.* 100
200,000
50,200 May.
Germania*
100
49,700 May.
200,000
Greenwich*.... 25 200,000
14,200 M.&N.
Grand Central
25
700
ICO,000
Grocers*
40
16,700 •J.‘& j'.
300,000
Hanover
100 1,000,000
156,400 J. & J.
Imp.& Traders’ 100 1,500,000 1,688, lu(j J. & J.
50
Irving
500,000 106,900 •T. & J.
Island City*... 50
6,500
100,000
& J.
Leather Manuf. 100 ,600,000 431,30C J.
J & J
Manhattan*.... 50 2,050,000 1,026,800 F.& A
Manuf. &Mer.* 20
2,600 •J. & J.
100,000
Marine
100
65,200 •J. & J.
400,000
Market
100
500,000 218,800 •I. & J.
Mechanics’
25 2,000,000
877,300 J. & J.
Mech. Assoc’n. 50
66,700 M.&N.
500,000
Mech’ics & Tr. 25 300,000
05,400 M.&N.
.
8
12
16
8
8
.
tf-.
...
.
.
4 •
9
ICO
•
•
.
..
Murray Hill*..
100
100
100
100
100
100
300,000
3,000,000
100,000
1,000,000
Nassau*
New York.
2,000,000
N. Y. County..
200,000
N. Y. N. Exch. ioo)
300,000
Ninth
100
750,000
No. America*.. 70
700,000
North River*.
50
240,000
....
Oriental*
Pacific*
300,000
422,700
2,000,000
412,500
20 1,000,000
ioo! 198,300
100' 1,500,000
25
50
100
25
Park
Peoples’*
Phentx
Produce*
Republic
St. Nicholas....
OH
'io
....
oh
_p Wl
,
10
7
5
7
6
"s'
7
14
8
7
14
8
3
11
8
OH
12
8
3
Jam, *77."
3
Jan
198,300 M.&.N.
20,800 J. & J.
281,300 •J. & J.
673,600 M.&N.
J.
122H
*
Jan.,
•Jan.,
Jan.,'
Jan.,
Feb.,
2H
7H
127 H
145
-
.
r
3H
•
10
10
6
8
6
*77.
’79.
’79.
’79.
’79.
’79.
’79.
’74.
’79.
’77.
’78.
’79.
’79.
Jan.,
Jan.,
Jan
,
•
•
,
,
,,
•
U
u
1* 10 i
v«
JLUT
204
70
_
Howard
Irving
,
Par.
*25
20
«ertiticates
1,C00
50
20
50
100
V r.
100
Jersey City & Hoboken..
Manhattan
Metropolitan
do
certificates
Mutual, N. Y
do
bonds
•
1,000
Nassau, Brooklyn
do
25
scrip
New York
Ya
do
do
bonds
do
do
certificates.
■Central of New York
1,000
Yar.
50
Williamsburg
scrip
50
Yar.
...
Metropolitan, Brooklyn
Municipal
.
100
10
People’s (Brooklyn)
do
100
100
...
Bleecker St.dk Fulton]*erry -stk.
1st mortgage
ortgagi
Broadway <x Seventh Awe—stk.,
1st mortgage..
Brooklyn City—stock
1st mortgage
Broadway (Brooklyn)—stock...
Brooklyn dk Hunter's Pt—stock.
118
Rate.
j
2,000,000
1,200,000
Var.
Var.
2,500,000 M.& S.
1,000,000 M. & S.
5,000,000 Quar.
1,000,000 F.& A.
1,000,000 Var.
700,000 M.&N.
4,000,000 M.&N.
1,000,000 f. & J.
•325,000 M.&N.
300,000 J. & J.
466,000 F.& A.
1,000,000 Quar,
1,000,000 J. & J.
1,000,000 M. &N.
-
Manhattan....
j
Mech.&Trad’rs’
1
70
stock
Mercantile..
Merchants’..
Montauk (Bkn)
3H
4
#
2H
„
„
9
100
3
3H
-
3
•
3H
•
*
4
•
•
•
101
9 OH
99
3
2H
,
3
4
4
3
105
92
f
,
...
Nassau (Bklyn)
National
N. Y. Equitable
New York Fire
N. Y. & Boston
New York City
Niagara
North River....
Pacific
-
122
123
3H
3
Park
Peter
Cooper...
People’s
Phenix (Bklyn)
Relief
5
4
...
....
Republic
Ridgewood
Safeguard
St.Nicholas....
Standard
Star
Sterling
Stuyvesant
United States..
.
Bid. Ask.
Jan., ’79 135
Jan., ’79
Oct., ’78
Jeb.,
’78
’70
’79
’79
’79
’79
3Hg
3
Jan., ’79
67
95
35
150
177
115
95
70
95
70
90
95
20
90
70
60
3H Nov.,
4
Nov.,
SH Jan.,
3H
3* Tan ’79
3
Feb., ’79
2
Jan., ’79 75;
3 H Jan., ’79 85
2H Nov., ’78 58
’78
’78
’76
,
1,500,000
3
Feb.,
’79 115
140
75
100
45
156
180
125
100
75
103
75
95
100
SO
1
900,000 J. & J.
694,000 J. & J.
2,100,000 Q-J.
1,000 1,500,000 J.&D.
10 2,000,000 Q-F.
1,000
300,000 M.&N.
100
200,000 Q-J.
100
400,000 A. & O.
1,000
300,000 J. & J.
1,000
100
lW'Jan.,
7
2
7
.
750.000 M.&N.
415,000 •J. & J.
100 2,000,000 Q-F.
1,000 v,000,000 J. & J.
100
600,000 J & J.
1,000
250.000 M.&N.
•This column shows last dividend
on
Williamsb’g C.
25
’79 63
June, ’84 100
3V(| Feb., ’79 135
7
Nov., ’80 102
3
Jan., ’791135
3
Oct., ’76 85
7
1888
100
68
101
140
110
150
100
102
7
Jan.. ’79
45
Dec.1902
98
90
105
Feb.,
June,
40
93
’79 85
’93 102
Jau., ’79
Jan., ’84 100
Nov., ’78 ISO
Apr., ’93 105
•
*7”
7
2
7
7
7
5
7.
5
7
4
7
•
*
.
Nov.1904
July, ’94 84
Apr., ’78
Apr., ’85 00
May, ’88
Sept..’83
May. ’77 65
July, ’90 105
Feb., ’79 115
•July, ’901 95
.
Feb.,’79, 95
Mhv, ’93 100
150,000
150,000
1,000,000
200,000
200,000
300,000
200,000
200,000
200.000
200,000
200,000
300,000
200,000
200,000
150,000
250,000
300,000
250,000
i io
137
115
40
96
20
88
35
100
75
75
75
115
ioo
100
105
stocks, but the date of maturity of bonds
10-72 Feb..
202,281
241,421
281,637
186,569
51,386
206,979
114,189
11
14
30
20
10
20
io
30
20
40
10
20
10
10
10
10
12
12
13
10
20
10
20
10
10
20
10
.
•
•
•
•
•
...
175
115
120
125
1....
....
70
75
133
’79.10
’79.6 83 170
170
205
•
105
*•••
180
75
140
95
•
125
....
no
105
80
...
Jan., ’79. 8
Jan., ’79. 5
20
Jan., ’79.10
124.381116
10
Jau., ’79. 5
324,262120
20
Jan., ’70.10
160,005 20
14
Feb..’79. 7
24,571
N’ne
55,061 10
10
N’ne Jan., ’79. 5
455,0)2 10
12
11
Jan., ’79. 6
112,717 12
11
10
Oct., ’78. 5
426,132 30
20
30
Jan., *79.10
103,552 20
20
)2
Jan., ’79. 6
200,474 20
20
20
Jan., ’79.10
108,104 20
18
12
Jan.,
’79. 6
731,322 20
20
15
Jan., ’79. 5
OH
31* N’ne Jau., ’77. 3)4
59,449 10
10
10
Jam, ’79. 5
34,673 10
10
5
Jan., ’79. 5
71,004 13
12
10
Jan., ’79. 5
205,204 25
20
20
’79 10
Jan.,
103,695 15 H 16
Ja u, ’79 8
16
10
10
9
89,020
Feo.,’79 5
175011 11-55 1235 6-23 Jan., ’70.6-23
171,318 15
17 H 12 H Jan., ’79. d
49,231 10
10
10
Aug., ’78. 5
14
144,517 20
16
Jan., ’70. 5
25
181,302
20
10
Jan., ’79. 5
231,331 16
16
12
Jan., ’79. 6
175,619 10
10
10
Feb., ’79. 5
20
450,317 20
20
Jan., ’79.10
20
•
^
.....
100
’79.IO
’79.IO
’79.10
’79. 5
’79. 0
’77. 5
’77. 5
•
85
200
200
....
•
12
20
30*
20
10
20
18
20
14
20
17
174,081|25
.
16
12
•
•
•
•
....
82
150
90
155
90
140
120
•
* *
>
87
140
105
..
t
....
■
#
•
...
105
190
195
130
60
65
114
.
#
•
65
1
280
....
108
180
115
125
65
120
130
95
....
70
97 H
75
176
105
75
120
107
85
....
110
80
112
95
•
135
125
05
195
• ••
140 ‘
135
....
Over all liabilities, including re-insurance,
capital and scrip,
scrip.
Figures with a minus sign before them show that thet Inclusive of
company is
impaired to that extent.
*
-
City Securities.
[Quotations by Daniel A. Moran, Broker, 40 Wall
Street.]
Interest.
Rate.
Niw York:
Water stock
1841-63.
1854-57.
Croton water stock..1845-51.
do
do
..1352-60.
Croton Aqued’ctstock.1865.
do
pipes and mains...
do
repervoir bonds
Central Paik bonds.. 1853-57.
do
no
..1853-65.
Dock bonds
1870.
Improvement stock.... 1S69
do
do
....1869.
var.
Street
do
var.
New Consolidated.
Westchester County—....
i
Price.
Bonds
Payable.
due.
Bid. Ask
Feb., May Aug.& Nov. 1878-1880 100
do
do
do
do
do
do
do
do
1878-1879 100
1S90
102
1883-1890 103
1884-1911 104
May & November.
1884-1000 110
Feb., May Aug.& Nov. 1907-1911 107
do
do
1878-1898 101
do
do
1877-1805 100
1901
May & November.
118
1898
107
May & November.
1894-1897 118
do
do
1889
105
do
do
1879-1890 102
do
do
1901
111
do
do
'1888
102^
do
do
1879-1882 102
1896
111
January & July.
do
do
1894
106
g.
imp. stock... 1... var.
do
Months
5
6
5
0
6
7
0
5
0
7
0
70
7
1:75.
1865-68.
Consolidated bonds
aa
3
7
2
7
6
7
6
300,000
500,000
350,000
200,000
do
75
70*
85
90
65
125
9216 100
,
250,000
200,000
150,000
200,000
200,000
200,000
200,000
200,000
210,000
200,000
200,000
’?8. 5
’78.10
12
Jan..
N’ne July,
75
ISO
95
55
*
do
’79
J’ly.1900
Jan
Westchester...
Market stock
*
71,541 10
200 000
Produce Exch.
3H
Date.
~H Jan.,
5
Feb.,
5
Feb.,
3* Feb.,
1* Jan.,
100
joo-
1st
Mech’ies’(Bkn)
75
70
*
5
3
3H
3
320,000 A. & O.
1,850 000 F.&A.
750,000 J.& J.
4,000,000 J.& J.
.
1st mortgaee
Longlsl.(Bkn.)
Lorillard
Nlanuf.& Build
124^
...
mortgage
linenty-ih.ira Street—stock
Lamar..
Lenox
SO
tliu IN atlUUwi Qallt
Amount. Period.
1st mortgage bonds
Bushwick Av. (B’klyn)—stock..
100
\jentral Pk., Y.cfc E. River—stk.
100 1,800,000 J. & j.
Consolidated mortgage bon :s.
1,000 1,200,000 J.&D.
Dry Dock, E. B. dc Battery— stk.
100 1,200.000 Q-F.
1st mortgage, cons’d
500&C
900,000 J.&D
Eighth Avenue—stock....;
100 1,000,000 J. & J.
1st mortgage
1,000
J. & J.
203,000
2d St. dk Grand St Berry— stock
100
748,000 M.&N.
1st mortgage
1,000
236,000 A.&O.
Central Cross lown~ stock.
100
600,000
1st mortgage
1,000
200,000 M.&N.
Houston, West st.dcPav.F'y—stk.
9r»o onn
100
1st mortgage
500
500,000
J. & J.
Second Avenue—stock
100 1,199,500 Q.-F.
3d mortgage
1,000
150,000 A.&O.
Cons. Convertible
1.000 1,050,000 M.&N.
Extension
200,000 A.& <).
lixth Averute-
1st
Lalayette(Bkn)
70
[Quotations by H. L. Geant, Broker, 145
Broadway.]
mortgage
Third Avenue—stock
Knickerbocker
Tradesmen’s....
•Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn)
Harlem
Kings Co.(Bkn)
100
125
117
3
....
Jefferson
3H
90
3
3H 124
2
85,343 10
Importers’* T..
L28
86,618 12
—15,626
815,049 10
754,424 30
127,116 20
344,301 40
124,537 20
685,899 10
78,847 10
1,363,469 10
15,909 10
206,609 12
111,928 12
32,968 10
t314,003 10
199,901 20
27,884 10
156,5^7 20
116,473 10
55,005! 10
281,942 20
Hope
T
3H ii2
4
2
Germania
Globe
Hanover
Hoffman
Home
Gas and City Railroad Stocks
and Bonds.
[Gas Quotations by George H.
Prentiss, Broker, 30 Broad Street.!
Gas Companies.
10
.
55
-•■
200
78.10
105
’79. 5
N’ne Jan., ’77. 3
56
10
Feb.,’79. 5 115
15
Jan., ’79. 7^ 123
10
Jan., ’7y. 5 100
N’ne July, ’77. 5
50
11
Jan., ’79. 0 103
N’ne
45
10
Jan., ’79. 5 130
22
170
Jan., ’79. 7
10
115
Jan., ’79. 5
30
Jan., ’79. 71* 260
7
laa., ’79. 3^ 65
Jan.
}JH
’79p7H 130
10
Jan., ’79. 5 145
10
Jan., ’79. 5
10
Jan., ’79. 5 123
10
Jan., ’79. 3^ 60
10
Jan., ’79 5 105
10
Jan., ’79. 5
ft
7o
10
Jan., ’79. 5
10
Sept. *78. 5
160
20
Jan., ’79.IO
70
5
,Jau.f ’79. 5
140
16
Jau, ’79 8
JOO
10
Jan., ’79. 5
10
80
Jan., ’79. 5
16
150
Jan., ’79. 8
10
80
.Jan., ’79. 5
12
135
Jan., ’79. 6
112
10
.Jan., ’79. 5
20
160
Jan., ’79.10
20
165
Jan., ’79.10
10
80
Jan., ’79. 5
3
15
15
12
10
12
20
65,825 15
Greenwich......
Guardian....;..
Hamilton
...
3H
5
Jan., ’79. 4
’79. 4
’79. 4
’77. 3
f»
•
201
7
4
3
4
Jan., ’70. 4
Jan., ’79. 6
Nov., ’78. 2H
Jan.,
Feb.,
Jan.,
July,
Jan.,
J»n.,
Feb.,
321 10
121,604
161.067 15
Bid. Ask.
’78. 5
’78. 3H
’79. 7
’79. 5
’77. 4
,
10
N’ne Jan.,
!8
170,523 25
Jan.,
1,038,423 11-45 1250 13 40 Jan.,
514.353 30
20 4 Oct.,
20
14
10
102,001 14
Jan.,
)
German-Amer.
Jan., ’79. 3H
10
12
5
7
8
8
503,769 20
178,380 20
..
....
Price.
Last Paid.
5
July,
8 H July.
Jan
14
10
Jan.,
N’ne Jan.,
10
July.
20
Dec.,
20
F^h.,
20
Jau.,
20
J>m.,
10
15
15
10
4
10
20
20
20
20
17 H
18
5
5
25
150,01S 20
11,126 10
Firemen’s
Firemen’s Fund
Firemen’s Tr
Franklin
80
-
7,107 10
21 25
Continental....
Eagle
Empire City....
Emporium
Exchange
Farragut
99
1876 1877. 1878.
t494,54S 15
69,251 10
1,442 8
37,545 10
410,567 20
803,641 20
203,044 20
...
....
t
.
Clinton
Columbia
Commerce Fire
Commercial
3H
•4*1
....
a
I
)
)
I
)
City
125
3H ioi
July, ’75.
Jan., ’76.
7
Jan., *79.
8
Jan., ’79.
2
Nov., ’78.
Nov., ’77.
6
Nov., ’78.
OH Jan.,’79.
Jan., ’79.
JH
9
Citizens’.
*
Rutgers’
UI
14,1&78 .for the State banks.
do
*
82
3
5
6
*79.
’70.
’79.
’78.
’79.
’70.
,
July,
6
OH
Feb.,
oh
Aug.
3
3
July,
10
9
Jan.,
10
10
Jau.,
7
6
Jan.,’79.
7
7
Nov., ’78.
3
3
Jan., ’78.
9
7H Jan., ’79.
8
10
Nov., ’78.
8
8
Jan., ’79.
& J.
& J.
86,800 J. &
’78.
’74.
’78.
’77.
mov., ’78.
....
11
12
6
10
6
38,000 F.& A.
50,100 •J. & J.
61,300 J.& J.
.4.4
....
-
I.& J.
Oct.,
Feb.,
May,
May,
_
....
6
6
Bowery
Broadway
Brooklyn
U2H
Dividends.
±f
1879.*
3
)
)
)
)
)
Amity..
Z28
3
0
304.300 F.&A.
uiiiD LU 1 ‘MliU
-Of date Dec.
trail.
Atlantic
*
Jan.,’79. 5
Jan.,’79 3
Nov., ’78. 5
6
10
7
95
100
T
7H
8
8
•J. & J.
•J. & J.
'
Surplus,
-
Adriatic
AStna. ......
American
American Exch
1
’78
Jan.,’
i2
12
6
Q-F.
90
05
3H Jan., ’79. 3H
July, ’76. 3
0
Jan., 79, 3
io
M.&N.
J. & J.
r. & j.
F. & A.
J. & J.
•I. &' J.
J. & J.
J. & J.
221,300 J.
40,000 J.
Net
Capital.
Companies.
129
..
5
’79. 4
.Jan., ’76. 3
Feb.. ’79. 5
10
7H
oh
•I. & J.
•J. & J.
Nov.,
•
10
127
4
Jan., ’79. 3
Jan., ’79.25
Jan., ’79. 3
6
10
8
6
ui'.
100
Seventh Ward. 100 1,000,000
300,000
Second
100
300,000
Shoe & Leather 100
500,000
Sixth
100
200,000
State of N. Y..
100, 800,000
Third
100 1,000,000
Tradesmen’s... 40 1,000,000
Union
50 1,200,000
West Side*
100
200,000
Jf
61,700
782,000
82,700
34,600
666,000
71,800
71,900
31,100
43,800
88,500
160,40C
214,400
214,900
143,600
124,600
■
100
OH
....
Metropolis*,.
Metropolitan
•
Bid.1 Ask.
Nov., *78. 8
Jan., .79. 5
Jan., ’79. 8
-Jan., ’79. 3
Jan., ’79. 3^
6
10
6
•
Jan., *79,
7
....
181,700 M.&N.
623,500 J. & J.
212,400 •J. & J.
8
6
11
16
OH
....
...
Insurance Stock List.
[Quotations by E. S. Bailey, broker,7 Pine
street.]
Par. Amountt
M.&N.
178,900 J. & J.
250,000
1,000,000 1,110,300 •T. & J.
300,000
78,300 J & J
2,000,000 291.000 J. & J.
?4nn nnn
24,200
150.800 J.& J.
450,000
Mercantile
10(7 1,000,000
Merchants’.
50 2,000,000
Merchants’ Ex. 50 1,000,000
Last Paid.
.
are
u.
SECURITIES.
Stock List.
at
Mark’d thus (*]
LOCAL
219
6
7
6 g.
7
ICS
102
103
100
103
119
109
103
107
119
109
119
100
114
112
105
1P5
112
107
1
[Quotations by N. T. Beers, Jr., Broker, 2)4 Wall st.]
Brookiyn—Local impr’tm’iCity bonds
do
Park bonds
Water loan bonds
Bridgebonds
Water loan.
..
...
City Donas
Kings Co. bonds
do
do
Park bonds
7
7
7
7
7
0
6
7
0
,
Ja iuarv & July,
do
io
do
io
do
do
do
do >
QO
do
dO
do
Mav & November.
do
January
Bridge
•All Brooklyn bonds flat.
do
do
&
July.
do
[Quotations by C. Zabriskie, 47 Montgomery St.,
Jersey City—
Watei loan, long
do
1869-71.
1866-69.
Sewerage bonds
Assessment bonds... 1870-71.
Improvement bonds...
Bergen bonds
186^-69.
6
7
7
7
7
7:
January & July.
January & July.
1879-188o'l01
1881-1895 102
1915-1924 lv0
1903
120
1915
1902-1905 109^
iaSl-1895 104
1880-18X3 lu3
1880-1885 102
1924
no
1907-1910 108
jersey
do
122H
122H
122 %
HO#
109
108
100
112
.
.
109J6
City.]
1895
1809-1902
1878-1879
Jan.. May, July & Nov. 1878-1879
J. & J. and J & D.
1891-94
•Isnnarv and July.
1900
do
120
103
111.
92
96
9?
97
9»
09
90
1(0
ICO
ICO
ICO
100
.
‘
.
220
THE CHRONICLE.
Jrwestmcuts
ness
STATE, CITY AND CORPORATION FINANCES.
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
office, as only a sufficient number is printed to supply regular
subscribers. One number of the Supplement,
however, is bound
up with The Financial Review (Annual), and can be purchased
in that shape.
REPORTS.
Hannibal & St.
Joseph Railroad.
(For the year ending Dec. 31, 1878,)
report, just issued, furnishes the information below,
The annual
and it is to be observed that this is the
only full report
a regular way by
this company for several years :
Earnings for the
Operating
issued in
year were
expens s
$2,045,450
$1,226,551
38,543
Taxes of the year, interest and exchange
1,2-5,095
Net
earnings
$760,355
660,000
Coupon interest...
Net
revenue
The
above fixed charges
earnings and
of operating, in detail, have been
EARNINGS.
From
From
Frcm
From
From
$!20,355
...
expenses
OPERATING
passengers
$55fi,fi86
freight
1,313,182
U. 8. mails
express
51,0:9
24,688
90,303
miscellaneous.
:
Operating road
$626,865
General expenses
Maintenance of road
Maintenance of equipment..
108,614
$1,226,551
revenue, not
Sold at 95 p. c. and accrued interest, lees 1
p. c. c mmieion
Si Id at 97)$ p.c.and accrued
interest,less
p.c. commission
At par
-..
to
$ 155,000—$ 133,700
100,<0)— 97,000
7n'00 77,000
..
$532 000
468,0C0
Leaving unsold bonds
$*07,7 CO
$1,000,000
Under the
six drawings
and
belonging
running
head of rental, for 50 cars less than we now have in
u-«.
All of the bonds of the
$1,500,000 third mortgage issue of 1876
were taken up and
destroyed, and the mor gage lias been cancelled
and discharged of record.
Of the ten-year bonds for $1,000,000,
dated Jan., 1878, secured
upon the land grant, 532 were disposed
of as follows:
313,M)8
177,428
$818,898
Charges against
In addition to the
secure.
ordinary repairs of locomotives, nine have received heavy
repairs, and * twenty-eight have been entirely re-built. The
motive power is now in a
great’y-improved condition. We have
determined upon the immediate
purchase of six Mogul engines
for use upon the Western Division.
The company has been for
a number of
years using two hundred freight cars hired from the
United Spates Rolling Stock
Company at a monthly rental of
$10 50 per car. We have discontinued the lease of these cars,
and in their place have
purchased two hundred and fifty box
freight cars from the Michigan Car Company for $41 per car in
cash and $8 10 per^car
per month for five years, with right of
anticipating the payments at a rebate of 8 per cent per annum.
By this chaDge we secure the use of cars at a reduced monthly
expense, and at the end of the term have the cars free of
any
further charge.
These deferred payments amount to $2,025 per
month, for which notes have been given,
making up the $115,425 which constitutes the
principal item of the bills payable
above mentioned. Thus while
adding to the apparent indebted¬
ness of the
company, by putting these monthly payments in the
form of bills payable, we are, in addition to
acquiring title to the
cars, each month relieved from tbe payment of $2,100
under the
EXPENSES.
$2,0,5,4501
Balance
which the road could
and
AND
ANNUAL
rvoi.. xx? m.
redemption clause in the mortgage there have been
of $25,0000 each, retiring $150,000 of the $1,000,000,
leaving uncancel bd $850,000.
Of tbe bonds
so
operating
drawn there
were
in the hands of the
company
$49,000, leaving uncancelled bonds outstanding, $131,000; owned
expenses:
by
the company, $419,000.
Taxes for 1878
$33,741
In the earlier drawings for
lntereet and exchange
redemption, the numbers of tlie
4,802
unsold bonds were
Conpon interest
included, and the $49,000 above mentioned
660,030— 6C8 543
was received from the trustee in
Net revenue
discharge of that number of
$120,355 unused bonds so drawn. But upon the fifth
drawing, the
The total revenues of the
company from all sources were :
company notified the trustee not to include unsold bonds, and the
Net revenue from road, as above
fifth and sixth drawings
included ody the bonds sold, as will be
$120,355
Income of Land Department and proceeds of
($431,000)
land
the
case hereafter.
The total collections of the land
grant
bonds outstanding
department
580,791 during the year amounted to
Sale of old material, and securities of other
$238,659. The assets of the depart¬
companies held by us....
93,560 ment consist of
the contracts
assigned to the Farmers’ Loan &
Trust
$794,706
Company,
amounting
to
about
$2,500,000, and about 90,000
This sum has been applied as follows :
acres cf unsold lands.
The land contracts are contracts to
eel),
In additions to the property
under which the company retains title but the
$182,556
In payment of debts
purchaser
goes
4,2,200
into possession.
The consideration is made payable by install¬
$794,706 ments with
interest, and upon payment of the last installment the
And the items of these
payments were as follows :
purchaser becomes entitled to a deed. In case of any defau]^
Construction and equipment
$-91,513 either upon tlie installment or the interest, the
Old taxes and
company has its
extraordinary expenses
51,331 option to sue for the amount cr
Settlement with Quincy Bridge Co. (old
re-take possession of the land
account)
49,000
Settlement with C. B. &
.
—
Q. R. R. Co. (old account)
Purchase of elevators
Improvements at Kansas City
Tarry town property (cost over
28,030
61,(ICO
without suit.
President Dowd remarks of the financial
“
Our views of the proper financial
’
-
‘
i
policy of the oompany:
policy of the road involve the
Decrease of floating debt, viz :
retiring of the present issue of the land grant bonds, as Speedily
as the sums realized from the
Accounts, bi Is payab'e, and interest due Dec. 31, 1877
department will permit, the estab¬
$594,046
lishment of a separate trust in which should be
Accounts, bills payable, and interest due Dec. 31. 1878
placed the whole
310,177- 283,868 of
Difference in balances of current accounts,
the land grant assets for tbe
supplies on hand, &c....
extinguishment of the bonds of
1,918
the State of Missouri whic * constitute a lien
upon onr road, and
$794,706 which you will observe by the
foregoing
statement
of funded
The funded debt of the
company (not including land bonds) is debt fall due from 1886 to 1894. You will perceive
by
reference
as follows:
to the tabulated statement of funded debt
given
above,
that in
Date when
Rate of Amount March, 1885, a little more than six
years from this time, the
Mortgage—
Amount.
due.
int
of int.
$4,000,000 convertible 8 per cent mortgage—tbe principal mort¬
$67,i00
Feb. 1, 1879
8 p. c.
$5,360
8,uincy
& Palmyra, 1st ..
onveitible
Mar. 8, 1885
4,000,000
gage debt of the company—becomes due.
8 p. c.
It is in our opinion
820,0C0 essential to
Missouri State
Nov. 10. 1886
500,0(0
the interest of the stockholders in the
6 p. c.
30,00o
Missouri State
company, that
Feb. 28, 1887
LOO!',000
6 p. c.
60,000 at that time the road shall be in so sound and
Kansas City & Cameron.
Jan.
1,200,000
healthy
a condition,
1G p. c.
1, 1892
120.0CO
as to enable the
Quincy & Palmyra, 2d
433,000
Feb.
company then to place a new consolidated mort¬
8 p. c.
1, 1892
34,540
Missouri State
1,500,000
1894
6p c.
90,000 gage, sufficient 4orefund the company’s mortgage indebtedness. ”
income)
24,538
536
.
.
.
$8,700,000
The company
fcas
Mr. William Dowd, as follows: Hannibal to
St.
line, 206*41 miles; St. Joseph to Atchiron, extensionJoseph—Main
of main
line,
3i
Northern Central Railway (Md. & Pa.)
(For the year ending December 31,
$610,030
other indebtedness except for current
expenses, which are promptly paid at
maturity. The vouchers
and pay rolls are paid to December.
The bills payable
were, for
steel rails, $45,569 (since paid off);
elevators, $12,000; and for
purchase of cars, $115,425, consisting of notes for $2,025
maturing one each month for five years from September last,each,
and*
expressing really the rental for freight cars to accrue
during
the
next five years, as explained below.
The condition of the
property is reported by tbe President,
no
The
1878.)
and expenses of the main line for the
year
with its leased and controlled
roads, was as follows:
revenue
From passengers
From freight.
/.
From express
From nulls... * .7:..........
From miscellaneous
Total
$657,035
2,837,599
65,611
43,815
119,424
Operating expenses—
condacting transports
For
For
For
For
For
§*,723,456
$862,783
motive power
666,968
maintenance of way..735,257
maintenance of cars
376,379
...
general expenses
Total.
Net earniners
ib78,
63,078
$2,604,497
:
$1,118,969
19*47; Cameron & Kansas City Branch, 53 05 ;
In comparison with the year 1877 there was a
Palmyra & Quincy
decrease in gross
Branch, 13 42 ; total length of track, 292*35 miles.
earnings of $346,930, equal to 8 52-100 per cent.
During the year 48*7 miles of the track have been laid with Total
expenses for 1877
$2,745,924
pew steel. We have now 128 9 miles of steel track. It is our The expenses for 1818 were
intention to lay about 4,000 tons of steel
2,604,497
during the coming year. Showing a decrease in
A large part of the
expenses
of
(515-100
per ct. less than in 1817)..
bridges upon the roai have been entire'y
$141,437
re-built during the year.
The decrease in net
The track has been
earnings
was
61-100
$205,503,
or
15
generally re-surlaoed and very considerable
improveinen s made in the way of per cent.
re ballasting and
ditching. About 20,000 ties in excess of the In addition to the net earnings as above stated of
$1,118,959
There were received from dividends.and interest
number required for renewals have been
put into the track to
311,179
...
.
-
•
..
increase the number of ties per mile.
Upon assuming control of the road in
November, 1877, we
found the equipment very
inadequate to the performance of busi¬
And contribution
....
for operating Elmira,
Chemung and Canandaigua
divisions (from Penb.
Railroad)..
Royalty on coal mined—Shamokm division
.......
Total net receipts
;
:
..
147.873
33,470
$1,619)483
-
March 1,
THE CHRONICLE
1879. j
Which have been applied as follows:
Interest
on
shows result of the year's
with last Ascii year :
^
entire mortgage indebtedness of the company $891,9:0
Interest, discount, gold premiums, taxes, etc ...
Rents, and interest on mortgages and ground rents
Rental Bhamokin Valley & Potteville Kailroad
Interest and gold premium on bonds ShamoktnV.&P.RR.
In erest on equipment Shamo’iin Valley & Pottsviile RR.
50,316
10,386
165,000
30,042
52,600
12,896
25,0(0
25,539—
Rents
Miscellaneous.
$24,697
deemed wise to increase the capital account at
expenditures for construction during the year,
including the cost of erecting a pier and warehouse for rolling
freight at Canton, wera charged directly in expense account,
notwithstanding which it will be observed that the net income of
the property for the year exceeded ail charges against it by the
sum of $24,897.
In the following tables sre given the sources of revenue and
expenses of the several lines of the company for the year 1878,
as compared with those of 1877:
not
present, all
1676-7.
$491,565
392,734
15,395
14,634
27,808
22,962
10,133
..
Tota'
Total operating expenses
1,485,585
1877-8.
$531,085
383,232
..
..
Mall
account
was
thus operated, compared
as
Express
140,525
Balance of net income for 18 8 carried to credit of profit and loes
As it
business
Freight
Passenger
49,982
52,167
Rental Elmira & Williamsport Kailroad
Interest on equipment Elmira & Williamsport Railroad..
Dividends Chemnng Railroad
Interest on equipment Chemung Railroad
Rental Elmira, Jefferson & Canandaigua Railroad
Interest on equipment E'mira, Jeff. & Canandaigua.RR..
221
Net....
27,484
31,571
2,599
$989,856
682,411
$961,350
$307,444
$£17,522
643,827
The
following amounts were expended for renewals, better¬
ments, &c., and charged in operating expenses, as above:
Cost of 51 7-10 miles iron rails,
less old rails given in exchange as
part payment
;...
$90,347
Cost of 98,438 new cross ties laid in track.
32,488
Cost of repairs on bridges
17,984
Cost of repairs on depot grounds and buildings
5,217
Cost of rebuilding one new first-class
passenger car;
3,175
Cost of rebuilding 38 flat- cars on old trucks
3,230
Cost of putting iu 4 new locomotive boilers and
renewing eng nes....
10,-:0Q
.
..
Total
expenditures for renewals and betterments
The board estimate
that about
$162,833
$117,833 of this expenditure
required to replace the wear aDd tear of the fiscal yea-, and
therefore the physicpl condition of the
property has been appre¬
was
STATEMENT OP EARNIND8
AND I XPEN8F
8—NORTHERN CENTRAL RAILWAY AND
BRANCHES POR THE TEiR
Bhamokin
Main Line.
Div.
Receipts.
Freight
.
Passengers
Express
Total
...
Div.
Div.
$255,679
$34*,603
$99,025
$183,392
16,733
104,583
44.590
61.271
46,^9)
240
657,005
6%hH
1,156
2,976
2,127
6,083
27,953
110,765
9,421
7,725
7,(29
4,545
390
715
43,815
119,424
$2,566,083
$274,333
293,588
$171, ‘62
$149,109
196,772
$256,008
2,629,609
$555,284
$}8,188
30.466
$41,854
33,223
$88,504
408,523
938
71,494
1,976
43,742
68,473
270,379
735,257
63,078
5.4
552,166
39",612
Expenses.
Transportation.
Maint’nceof way
General exp’uses
451,315
36 765
$137 917
119,586
2,843
126,788
29,620
5,518
14,965
4,119
8,851
Total
Same last year...
$1,717,216
$112,044
$402,100
137,544
4*1,182
$125,928
141,853
$239,800
1,752,275
Motive power ..
Maint’uce of cars
ciated
Total.*
427.9(0
..
Same last year...
1878.
mg Canand’i
Canand’a
Chemung
$:, 852,474
Mails
Miscellaneous
Elmira
Div.
269,466
1,105
296,669
$3 721,456
4,070,387
$-62,793
166,988
2,745,924
♦Total includes Green Spring Branch with earnings of $6,359, expenses $7,905.
The total number of passengers
carried
one
mile
1878.
Green Spring Branch.
Bhamokin Railroad...
.
15,833,941
96,461
571,710
3.686,253
1,695,237
2,189,290
Northern Central Railway
Green Spring Branch
Bhamokin Railroad
Elmira Railroad
Cbemu' g Railroad
20,037
53,28)
437,233
131,027
294,346
4,128,491
1,826,264
2,483,636
25,726,768
The net
revenue
Applied
as
for the year was
Interest accruing and paid on bonded indebtedness
Interest on floating debt and premium on gold to pay int
one
..
$297,325
..
7 79
Other disbursements made
Cost of 1,C00 tons of steel rail
Cost tf two-thirds interest in lot in
$307,444
,
>—305,l2i
Surplus after paying interest, &c
From which deduct
moved
'
follows:
$2,323
during the
Memphis
year, say—
$38,964
...
6,489
...
1,603.931
mile
was
1873.
1877.
Increase.
192,579,792
172,734,743
19,845,044
78,581
14,157,871
39,197,023
107,159
18,135,520
3,883.649
39,705,541
18,039,686
29,030,178
4,472,166
8,868,125
13,567,422
50,662,053
Canandaigua Railroad
follows:
Dec.
608,049
16,651,990
116,438
621,949
24,122,837
Decrease, 1,603,931, or 6 23-100 per cent.
The total number of tons of freight
as follows:
was aB
1877.
to the extent of, say,
$45,000, and it has further been
C’ated to the extent of the value (less the old rails given in
putt payment) of 1,000 tons of steel rails, say. $38,964, which
were laid in the
track, making a to al appreda ioa in the value
ot the property from renewals,
beiteimeats, &c., of $83,964, of
which $45,000 has been charged to
operating expenses, and’
$38,964, being the cost of 1,000 tODS of steel rails, has been
charged to steel rail account. It is proposed to charge this item
off during the present fiscal year to
operating expenses, as it was
only intended to be an advance made against future expenditures,
and not a permanent increase of the indebtedness of the
company.
As already
51 7-10
miles
of
stated, there has
been
new iron rails laid in the
track, to which is to be add d 12 1-10
miles of steel rails, rnakiDg a total of 63 8-10 milts,
being about
two-ninths part of the entire track of the main line of 272 miles.
appr*
Decrease.
28.578
508,518
surplus net
revenue as
Net increase in indebtedness
$45,454
2,326
above
during the
year
..
$43,180
The
general balance sheet of the secretary and treasurer
exhibits the financial condition of the company, and may be
summarized as follows:
First mortgage 7 per cent currency bonds on Ala. & Miss. Division.. $1,264,000
First mortgage 7 per cent gold bonds on Tennessee Division
1.400,0v0
Second mortgage 7 per cent currency bonds
1,600,000
Third mortgage 7
per cent gold bonds
552,000
Income mortgage bonds
5,000
Balance due on floating debt over available assets
86.313
.
260^236,742
Total
577,752,734
Net increace, 2,481,008, or 894-1000 per cent.
19,845,044
17,361,036
Of the traffic in 1878 the report says: The tonnage of the main
line of the Northern Central Railway was increased 296,556 tons,
with a decrease in earnings of $53,515.
On the Bhamokin Railroad the decrease in tonnage was 178,670
•
tons, decrease in earnings;$17,146. On Elmira Railroad, decrease
tonnage, 81,455 tons, decrease in earnings, $75,006. On
Chemung Railroad, decrease in tonnage, 197,369 tons, decrease in
earnings, $43,541.
On Canandaigua Railroad, decrease in
tonnage, 191,474 tons, decrease in earnings, $127,184. On Green
$4 307,313
Reference is made to the yellow fever, but no estimate given
as to how much the business of the present fiscal year will be
damaged by it.
in
Indianapolis Bloomington & Western.
(For the year ending Nov. 30,1878.)
The report of Geo. B. Wright, receiver, contains the following :
Spriog Branch, decrease in tonnage, 4,388 tons, decrease in
The-gross earnings for the year have been increased about
earnings, $697.
The total number of tons and tonnage mileage, and the $60,000 oyer the previous year, hut the cost of maintaining the
revenue
derived from the same, on all lines of the company, were:
Ton*.
1878
.w......
1877
..
’*
6,160,171
Money.
$2,837,599
3,152.692
356,800
$315,093
5,803,371
Rate per
Tons
one mile, ton per mile.
280,236,742
217.752,734
Increase
Decrease...
2,484,008
1 013
1*135
..
.
*122
The falling off in the revenue of the freight traffic of your sev¬
eral roads for the year 1878, as compared with the previous year,
is mainly attributable to the decrease both in anthracite and
bituminous coal tonnage. The decrease in the amount of anthra¬
cite coal carried is the result of the restriction upon the produc¬
tion effected by a general agreement between the anthracite coal
producing interests to which the different coal companies on your
road were parties.
The decrease in the bituminous coal tonnage
from the Erie Railway and Tioga & Elmira State Line Railroad
destined to points north of Elmira, as compared with the previous
year, was 223,416 net tons, the decrease in revenue from this
source
road
cuse
being $52,922.
This coal, instead of passing over your
Watkins and Canandaigua, was shipped over the Syra¬
Geneva & Corning Railroad—a road built and controlled by
to
parties who
are
also interested in the mining of the coal.
Memphis & Charleston Railroad.
(For the fiscal year ending Jura 80,1878.)
The annnal report of this company for 1877-8 has oply recently
been issued.
The road is operated by the Ei>t Tennessee
-Virginia & Georgia Railroad Company
as
lessee.
The following
property has been considerably increased, by res son of add tional
repairs rendered necessary from natural wear and decay.
The improvement in gross earnings may be attributed, in tt
great measure, to the organization and maintenance of pools at
most of the crossings and intersections with other ro ids.
Thishas, in nearly tve^r case, resulted iu the strict observance of
tariff rates, and an increased confidence between the managers.of
the different Lues.
While the through rates have been extreme¬
ly low, not averaging over 70-100 of a cent per ton p-r mile,
being only about one third the rate that prevailed four years ago,
the local rates have been quite uniform and generally sustained.
One great obstacle to thn economical management and oper&tiqa
of this line of road is its sleep grades.
Tte utmost capacity of
an ordinary freight engine over the entire “ main line," between
Pekin and Indianapolis, is fifteen to eighteen loaded cars, or
about 180 to 200 tons of freight.
The grades bet ween Urbana
ani Indianapolis could be reduced at a cost of ab ut i 109.0Q0,
so that a single engine could haul double this amount ot
freight
between those two points.
The following estimate by General Pease, superintendent,gives
a detailed
statement of material and labor needed for improve¬
ments and repairs for the year ending November 30, 1879, vi?.:
buildings, ete., main line
Bridges, buildings, etc., extension
Fencing and fence-post?, extension
Fencing and fence-pos.s, main Jine.
Track material fot mala Hue and extension (main line
sion, $30,401)
Total
..
$39,986
7,864
587
2tZ'M
:.
$68,5r3, ixten-98*927
....
$149,716
THE CHRONICLE.
IAUNIXGS AND EXPENSES OF MAIN LINE
FOR FISCAL TEAR
ENDING NOT.
Earnings.
Maintenance
Passenger
__
3C9.739
6,035
United States Express
United States mail
Chair cars
Miscellaneous
do
car
expenses
and brakemen
.
expenses and repairs
Fuel and water stations,
ex¬
penses and repairs.
Fre’ght correction
Fuel for locomotives
■General expenses
Griggs House, repairs of
Insurance
Interest and discount
...
Indianapolis transfer acct...
loss and damage,
freight...
Legal expenses
Maintenance of
cars
do
do
rented cars..
motive pow.
'
io income
J
2,647
|
but not operating
expenses.
Car rental
Track rental
13.715
|
Total to income account..
57,384
43,305
49,897
$994,849
|
45,127
l
971
|
•
$901,646
accountt
66,107
35 424
18,285
9,163
33,774
1S3
Total operating expenses.
Chargeable
Improvements
to
2,776 I
and bette. m'ts
property.
Right of way
17,016 j New work
20,591 j New equipm’t(01iv’r Adams’
1,254 |
contract)
6,671
61,'98 |
Total
$3,540
10
Dec. 1, 1877. Dec. 1. 1878.
$156,340
45,527
90,000
..
Receivers’certificates,
do
do
do
do
do
iron
special tax
special loan
Illinois taxes, tangible, 1874-5-6-7.Manufact’g Co
do
capital stock, 1874-5
Rogers’ Locomotive
and Machine WorksAward of special masters
Rent, 16 locomotives 3 2-3 months.
Total receiver’s liabilities
Total liabilities
...
do
do
do
do
do
do
do
due
due
due
due
on
from
from
from
from
hand...
—
local agents
U. S. Express Co
U. S. Government
receipts
excess of all
over assets
Other liabilities.
Illinois tax, tangible, 1873
do
capital stock, 1873
Company’s payrolls
masters
■Company’s
car
and vouchers, award of
special
rentals, award special masters
Total other liabilities
25,000
'
13,155
151,514
13,286
$643,768
$504,840
188,916
138,538
$832,704
$643,379
$73/23
$57,862
24,211
lf.7
4,394
Total assets
Excess of liabilities
.
..
47,000
'
21,'.55
individuals and companies
of material on hand
due from Western Car Co
I.B. & W. R’y Co. claims
paid in
64,t00
28,000
25,000
13,286
Liabilities running with the
property, Oliver Adams
contract, geld
Amount of cash
45,888
151,514
*
47,168
48,636
3,751
-
*
during the
“
$203,888
$143,698
$628,816
$499,680
$?1,660
82,136
$3,421
82,136
412,149
105,480
412,140
$o21,417
$60S,178
103,480
$1,107,658
$110,000.
have been made
$84,779
64,315
50.377
cars
total of these three items of
year about
$60,000.
$195,502
only been diminished
Some complaints have been
made, from time to time, that too
much money was
being expended in improvements
and repairs
to the
property; but no such criticisms have been made
who understand the true
by parties
condition of the
property when the
receiver was appointed.
Every improvement and repair has been
made upon the most
careful inquiry and
investigation of the
needs, and solely with a view to the most
judicious and economi¬
cal management of the
trust.
The improvements that
have been
made are of the most
permanent character.
Bridge timber, ties
and other material used
are of the
very best
procured, and all the new work done willquality that could be
last from
fifteen
eight to
years.”
Marquette Houglitou
&
Ontonagon.
(For the year ending December
31,1878.)
This company has
re-organized its funded debt by
issuing 6
per cent bonds and preferred stock for
all its former 8
per cents
except the $1,760,000 of Marquette &
Ontonagon 8 per cent bonds
which are left undisturbed.
The
earnings and
Passengers
expenses in 1878
were as
EARNINGS.
$43,026
Freight
514.468
4,598
4,361
Mail and express
Other sources
Total
$556,452
Net earnings
Interest and sinking fund
payments
Other payments from income
Maintenance
:
42,932
133 762
27,464
Total
$567,271
299,181
.
$208,645
19,797—228,442
$70,739
,
2,259,026 Cost ol rolling stock...
1/60,000 Materials and fuel.'....
2,482,200 Current accounts
Land account
Current accounts
Profit and loss
$63,112
Taxes, &c
1878, was as follows:
$2,306<§00 Cost of railroad, &c...,
Common stock.
Preferred stoc k
Marquette & Ontonagon 8s.
Marquette H. & O. 6s
76,177
26,410
Total
106,025
Total
follows
EXPENSES.
of way
Rolling stock
Transportation
Balance, surplus
The balance sheet Dec.
31,
4,174
12,102
39,306
3,751
2,132
a
receiver is about
—while the assets of the
receiver have
155
4,552
Excess of all liabilities over all
assets
Decrease in exc< ss of all
$1,250,233
liabilities over all
assets,
December 1, 1877, to Dec. 1, 1878
Making
by the
following reductions
liabilities during the past
year:
On taxes
On vouchers
On Oliver Adams’ contract
for 500
$91,995
c0,0 0
45,000
25,000
2,425
71,533
13,155
main line tax
extension line tax
T. H. C. &
in receiver’s
$54,443
20,926
Liabilities.
of old assets collected
It will be seen that
the
50,893
62,0*01 Gr’ndtot’l of all expenses.$l,049,292
COMPARATIVE STATEMENT OF
LIABILITIES AND ASSETS OF GEO.
B. WRIGHT,
RECEIVER, AND OTHERS, CHARGEABLE TO
THE TRUST,
DECEMBER 1, 1877,
AND DECEMBER 1,
1878.
Unpaid vouchers
Unpaid payrolls
excess ofcollections made
by the receiver, on amounts due to the
company at the time of the appointment of
the receiver. The
amount
24,021
Taxes
Use of cars
Profit and loss
288 I
..
5,502
68,373
3,147
Telegraph service
70,108 I
Damage to persons & bag’ge
Engineers and firemen
Engine houses, M. S. & T.T.,
1.504
6,023
correction
Station service
Stcck killed
Train service
5,973
3,794
2,683
Conduct’rs, baggage-masters
2,; 56
Passenger
$1,262
..
3,925
40,919
Miscellaneous
Printing and stationery
105,848
Agencies foreign, freight..
Agencies foreign, passenger.
buildings...
bridges
fences
do
14,768
Operating Expenses.
Advertising
Chair
oo
4,996
and rents
Mileage
do
20,009
telegraph...
30, 1878.
164,508
1,436
of road
Vol. XXVIII.
$7,804,961
1,050,375
26.667
132,435
$9,016,4:0
.
$9,016,410
GENERAL INVESTMENT
NEWS.
Anthracite Coal.—The
Delaware Lackawanna &
Railroad Company sold
100,000 tons of Scranton coal at Western
auction
this week, and the
prices obtained were lower on
nearly all
grades than at the last sale in
January. The following table’
shows the prices received
yesterday, compared with those received
at the sale
January 29 :
Steamer
Grate
Egg
Stove
Chestnut
-...
.
...
Tons.
6,COO
25,000
2n,000
42,000
7,COO
Prices
received.
$2 25$>
2 25^2 30
2 25ct2 30
2 60&2 67^
...
2
40^2 45
Av price on
amount sold.
$2 25
2 26%
2
27J4
2 65
2 41%
At. on
Jan. sale.
$2 35
2 31%
2 31V4
2 75
2
38%
Topeka & Santa Fe.—This railroad
142,374 pay, March 1, all tbe
company will
outstanding scrip certificates issued by the
embraces company, wit h interest to that date, after which
interest
Atchison
The receiver remarks of the
foregoing exhibit, that it
the liabilities and assets of
the whole
will
*
property, “ Main Line” and cease. This scrip was issued in part
Extension.” Of the receiver’s
payment of interest coupons
certificates
on portions of the debt
are
$111,000
during past years, and the company avails
against the “ Main Line” and $25,000($189,000),
“
are
against the itself of its option to redeem before
Extension.” The balance,
maturity.
$53,000, is against the two divisions,
to be pro-rated as
Atlantic & Great Western.—It is
may be agreed upon between the
announced by cable that
or determined
by the Court. Of the Illinois taxes still parties the Eoglisli trustees of the Atlantic & Great
Western Railroad
those of 1874-5
have accepted the
(capital stock), amounting to $13,155, and unpaid,
proposition of the New York Lake
of
1873
Erie &
Western Railroad
(capital stock), amounting to $82,136
Company, for the lease of the A. & G. W. road
(total $95,292), no division for
baa been made between the
two lines.
ninety-nine years. President Jewett declined to
Of the tangible
tax of 1873, still
unpaid, amounting to $8,421, the wholeproperty information on the subject, and referred to Mr. S. L. give much
M. Barlow,
amount
is assessed against the “
counsel of the Erie
Extension,” but is claimed to be
who gave the following
Company,
to adjustment between the
of
statement
the proposed terms of the
subject
two divisions
lease : The Ohio first
of^he road. The total
amount of taxes still
mortgage
of
$2,416,300 upon the Atlantic & Great Western
claimed in Illinois is
Railroad, and
$95,292 are assessed upon the capital stock of $103,713, of which receiver’s certificates
the
amounting to about $800,000, are to be taken
never was, and never
company, which up, andg these, with the
can be, of
any Intrinsic value.
expenses of foreclosure, will involve a
The
total sum of about
claim of
the
Rogers’
$5,000,000,
for which a new 6 per cent mort-.
Locomotive and Machine
Works’, amounting to $151,514,
exclusive of interest, is gage will be issued on the A. & G. W. road, the interest on which
is to be guaranteed
in,judgment against the receiver, but
by the Erie Company. Foreclosure
appealed from to the
United States
ings have been pending in Pennsylvania, New York proceed-,
Supreme Court.
The claims for back
and Ohio
pay,
supply bills and car rentals,
upon a first mortgage of
a second
$14,922,200,
amounting
to $517,620, are also
mortgage
of $10,awaiting the decision of the Supreme Court of the
173,679, and a third mortgage of
United States.
$28,784,000;
but the Ohio first
The amount now due on
mortgage having been made a prior lien to all of
pay rolls and vouchers
about the usual amount carried
these, it is neces¬
($137,883) is sary that it shall be cancelled before
over each month.
a
The pay rolls
re-organization of the com¬
are
always necessarily one month in
pany can take place. After the foreclosure
sale and
arrears, and supplies are of the Atlantic
re-organization
usually purchased on an average of
& Great Western
sixty
to
road,
all
of its future net earn¬
Of the assets above
ninety
days.
mentioned
($143,693), only about $100,000 ings, after first deducting the interest on the new $5,000,000
are available for the
are to be divided, the Erie
payment of liabilities.
The credit for mortgage,
receiving one-third and the
material on hand
Atlantic & Great Western
($39,306)
is the ordinary supplies at their
reserving two-thirds. The
The amount due from the
co3t.
ized
Western Car
Company is to issue construction bonds for tbe re-organ¬
Company ($3,751) is an laying
unsettled balance
purpose of
a third rail so as to alter tbe
claimed, which may or may not be
present broad gauge of the
realized on road to the
final settlement.
The item of “
standard gauge.
$2,132, I. B. & W. R. R.
Co. claims paid
It is not known what
in excess of all
provision will be made for tbe
paid by the receiver on balance due to receipts,” is the amount bondholders, the stockholders and
mortgage
the holders of
roads, on pay¬ ties whose claims will be
junior securi¬
rolls, etc., the payment of which was connecting
ordered by the
wiped out by the foreclosure. New
Court, in stock and bonds will
probably be issued. The proposition of a
March
THE
1, 1879.]
CHRONICLE.
lease on these terms to Erie was considered
By it Erie will become the virtual sole possessor of
the Atlantic & Great Western for the guarantee of interest on
five millions of bonds, amounting to $300,0JO per annum.
This
amount would be reduced by the receipt of one-third of the net
earnings, which should reach at least $150,000. The Erie road
would thus acquire the Atlantic & Great Western connection at
a yearly outlay of $150,000, against the $1,800,000
which Fisk
and Gould agreed to pay for the same privilege twelve years
ninety-nine
years
favorable.
ago.
—At the
.
meeting of the Atlantic & Great Western Railroad
bondholders and shareholders, held in London, Feb. 28, the fol¬
lowing resolutions were adopted :
“This meeting approves the lease of the company’s railroad and property to
the Erie Railway on the terms mentioned in the report of the reconstruc¬
tion trustees, dated February 2i, 1879, upon all neceseary authorities’ consents
and co-operation being obtained, including the consent of a majority in value
of the holders of the first and second mortgage bonds, pursuant to the revised
official scheme of arrangement dated July 21, 1S75.
**
This meeting approves of the limit to the amount of prior lien bonds
authorized by the revised official scheme of arrangement dated July 21, 1875.
being increased from $7,000,000 to $’.0,000,000 upon the consent of a majority
in value of the holders of the first and second mortgage bonds.
k‘This meeting approves of the reconstruction trustees, under the powers
given to them by the contract and agreement for carrying into effect the revised
official scheme of arrangement dated July 21, 1875, and with all other neces¬
sary authorities, if any, increasing the amount of first mortgage bonds to be
issued by the reconstructed company to such an amount as will enable the
said trustees to compromise and settle by means of them any outstanding,
unsettled or disputed claims on this company. This meeting approves of the
reconstruction trustees fixing, and hereby concurs with them in fixing, the
first of May next as the last date on which any further bonds or stock cf this
company will be received by them so as to share in the benefit of reconstruc¬
tion by conversion into securities of the new company.”
A circular from Mr. James McHenry announced that his meet¬
ing concerning
an
arrangement between the Erie and the Atlan¬
Railways will be held in the first week in
tic & Great Western
March.
Atlantic
interest
on
Mississippi & Ohio.—Notice is given that the
the sectional bonds due
Jan. 1 will be paid March 1,
at 23 Nassau street.
Baltimore & Ohio—Central of N. J.—- Of the Baltimore &
Ohio
line
New
York, the
Philadelphia Inquirer says:
Recently a connection was made between the Reading and North
Pennsylvana Railroads at Erie avenue (Philadelphia), and over
that connection the Reading road has been sending a large
quantity of coal to Port Johnson. This connection was thought
to be the entering wedge for the new through route, and at the
time it was pul down the officers of the Reading, North Pennsyl¬
vania and Bound Brook companies disclaimed having entered
into any coalition with any other company, but said their com
panies w uld take all business offered them. With the junction
road owned and operated by the Pennsylvania, Reading and
Philadelphia Wilmington & Baltimore roads, the through line
could be established; but the Pennsylvania road claims the
absolute ownership of about one mile of the junction road, anc
cites a recent decision confirming the claim.
On February 25 the
latter company issued an order declining to permit the engines o;i
the Reading road in the service of the Junction Railroad Com
pany to continue to pass over the intervening mile of track
between Thirty-fourth street and the tunnel on the road, as they
have been accustomed to do; but all traffic is being regularly
moved by the engines of the Pennsylvania road, or by those of
the Philadelphia Wilmington & Baltimore road.
—Another report says that a part of the route of the ne^ line
lies in the yard of the Pennsylvania Company, and the
track here has been used by the Reading Company for a couple
of years past to make connections with a branch road
extending
to Chester.
The Pennsylvania Company, not relishing the
attempt of the rival roads to steal its business, late last week
informed President Gowen, of the Reading road, that on and
after Monday (Feb. 24) the locomotives of the Reading
Company
would not be permitted to pass through their yard, and that the
cars would
be moved by the engines of the Pennsylvania
Company or not at all.
to
223
375 42 ; in merchandise
freight of $77,662 87 ; in miscellaneous
receipts of $15,256 72, and a decrease in coal freight of $303,182 79, as compared with 1877.
The road and equipment have been thoroughly maintained.
All expenditures for the construction of new buldings, bridges,
coal-trestles and piers, and for about twenty-eight miles of new
steel rails laid during the year, as well as all legal and other dis¬
bursements incident to the re-organization of the company, have
been included in the above statement of expenses. No additions
whatever have been made to construction accounts.
By the united efforts and harmonious action of stockholders,
creditors, which the receiver desires to acknowl¬
edge, the success of the reconstruction scheme has been assured.
Ten per cent on all the stock of the company has been paid by
Two and one-half years’ coupons have been
stockholders.
funded on $18,776,000 bonds out of a total of $19,400,000, leaving
only $624,000 unassented. •
All the u blanket” mortgage bonds, issued at the time of the
receiver’s appointment, amounting to, $3,300,000, have been
redeemed and cancelled, and the mortgage satisfied of record.
The resources of the company will be sufficient to meet current
expenses, the instalments on the extended loans, secured by collat¬
eral, and all interest payments on its bonded debt as they mature
during the present year.
F. S. Lathrop, Receiver.
bondholders and
Chicago Burlington & ijnincy.—The Chariton & Indianola
Branch is now completed to Indianola, la., 26 miles
from the junction with the main lfne at Chariton.
north by west
Chicago City Credit.—The Inter Ocean says that the Supreme
Court decision in the certificate and scrip cases has given great
salisfaciion to all who are in any way interested in city finances.
It not only establishes the validity of the form of warrants
issued last year, and thereby probably increases their market
value, but it also relieves the city from the threatened necessity
of
repudiating its old floating debt. The city’s credit may now
be said to be absolutely redeemed; public confidence, which was
sacrificed to the tax administration of the Colvin regime, is com¬
pletely restored, and in less than one year, with ordinary economy,
the city will be without a dollar of floating indebtedness. Of
the revenue warrants issued in 1877, only $1,200 or $1,500 worth
remain outstanding, and the money for their redemption is in the
Of the old certificates—those of 1875 and previous
treasury.
years—there are outstanding about $321,000. To offset this debt
there are extended on the levy of 1878 back taxes to the amount
of $989,000, or thereabout.
The greater part of these taxes will
probably be collected this year, which will enable the city not
only to take up all the old certificates, but also to restore all the
funds which were depleted prior to 1876. Altogether, the out¬
look is a favorable one, and if the people this spring elect good
men to succeed the present officers,
Chicago’s credit will soon be
second to that of no city in the country.
Chicago & Lake Huron.—The annual,report of Charles B.
Peck, receiver of the Chicago & Lake Huron Railroad, shows the
earnings of the road from Jan. 21, 1878, to the close of the year
to be
as
follows
From freight...
From passengers
From mails
Total
:
$293,794
> 120,038
..
12,211
$426,093
The operating expenses for the same period, exclusive of
special renewals, constructions and equipment, were $392,793,
showing a net saving of $33,309, while the special renewals, etc.,
amounted to $106,909, showing a balance on the debtor side ot
the ledger of $103,609.
The earnings per mile of the entire road
for the year just closed were $1,836.
The grand toial receipts
from both divisions of the road for the year ending Dec. 31,
1878, were $979,342, and the payments $911,842, showing a
balance of cash on hand of $67,500.
The receiver claims that, owing to the competition of the branch
lines and their struggle for supremacy, a reduction of ten per
Berks County.—All arrangements have been made to exchange cent on the average rate per ton per mile was caused, reducing
the bonds of the Berks County Railroad Company for the deben¬ the net revenue $28,431, while the direct loss sustained by Van¬
derbilt taking control of the Chicago & Northeastern Railroad
ture bonds of the Philadelphia & Reading Railroad
Company.
and breaking the contract between that road and the Chicago &
For every one hundred dollar bond, or bond of a larger amount,
of the Beiks County Railroad the Philadelphia and Reading Lake Huron, entered into by his predecessor, reached the sum of
road will give a bond for 60 per cent of the amount of the Berks $26,903; and that the indirect loss, which cannot be accurately
County Railroad bond, bearing interest from May 1, 1878, at the estimated, is very large.—Chicago Tribune.
rate of 3 per cent the first year, 4 the second year, and 5 the
Eastern Shore Railroad (Md.)—In reference to the Eastern
third, and 6 the fourth, payable on May 1 and December 1 of Shore Railroad of Maryland, which was recently sold, subject to
each year.
This applies only to the bonds which have been tht first mortgage and accrued interest, amounting to $668,677,
pooled in the interest of the Philadelphia & Reading company.
the Baltimore Gazette says that an arrangement has been made
Central of New Jersey.—The receiver of the New Jersey )y the holders of bonds under the first and second mortgage by
which a new organization is to be formed, and a new debt created
Central Railroad has issued the following report.
on the following basis:
New York, February 25, 1879.
To the stockholder8 and bondholders of the Central Railroad Co. Mortgage* debt
$400,000
Preferred stock for overdue interest on first mortgage
$2f8 677
of New Jersey:
Preferred stock for one-quarter of second mortgage, eay...
46,800— 315,477
The following statement of earnings and expenses for the year Common stock for
three-quarters principal second mortgage
140,450
1878, as compared with the previous year, is respectfully sub¬
Total ,v.
mitted:
$855,927
1877.
1873.
Flint & Pere Marquette.—The Detroit Tribune says: “We learn
Inc. $42,375 42
Passengers
$1,57 <,015 !fi
$1,530,639 74
from a responsible source that by a recent negotiation with par¬
Merchandise
Inc.
M61.4S6 48
1,283,823 61
77,£62 87
ties in this city $280,890 of the floating debt of the Flint & Pere
Coal...
Dec. 302,182 7JV
2,50t,681 53
2,806,804 32
Miscellaneous
l ;0,34i 56
Inc.
132,085 84
18,256 72
Marquette Railway has been adjusted by the issue of bonds at 90
cents.
By this and similar settlements the floating debt of this
Total.
Dec.
$5,539,525 73
$5,753,413 51
$163,887 78
which amounted to $1,300,000 in the fall of 1875, and
company,
Inc.
Expenses
3,280,756 28
3,268,557 04
18,189 24
which grew out of the completion of the road to Lake Michigan,
Net earnings
$2,302,769 45
$2,484,846 47 Dec. $182,077 021 has been reduced to about $390,000, and this is also in a
By the foregoing statement it appears that the income of the way of being mainly extinguished during the coming season, so
road from main line and branches and leased roads was
$5,589,- that we can consider the Flint & Pere Marquette Railway as
523 73.
There was an increase in passenger receipts of $42,- beiDg now in pretty good shape and nearly out of floating debt.”
...
THE CHRONICLE.
Illinois & St, Louis
Bridge.—The London committee of
bondholders report that over 90
per cent of the bonds have been
deposited with them to join in the reorganization. The
sale of
the tunnel has been
and that of the bridge
confirmed,
probably
will be this month, when the
property will be turned over to the
new
company. The contract with the Union Railroad and
Transit
company, which has hitherto done the business over the
will then be
bridge,
terminated, and arrangements have been made
to
lease the property,
including the Union Depot in St. Louis. The
designated and
March,^eight
government
completed.
North Carolina’s Debt.—A
press despatch from
Raleigh, N.
C., Feb. 27, says: “The bill to
compromise, commute and settle
the State debt
passed the House to day
just as it came from the
Senate.
As soon as ratified it will
be
doubt that the
no
by which the net earnings of the bridge were
with those of the
Wiggins Ferry Company is terminated
Bale, and anew contract is to be made for
pooling gross instead
of net
earnings.
a
law.
There
seams to
ten
days, at which
ganization will be definitely settled.
Lehigh Coal & Navigation
gross
the details for the
Company.—At
managers, by which
GROSS RECEIPTS,
S1 earn
saving of $70,000 per annum is gained.
Louisiana State Bonds.—The
approved Feb. 0, 1879, in regard tofollowing is the text of the law
payment of coupons.
insufflrent to pay in full the
coupons of said bonds; and
Whereas, such accident is more
likely to occur in respect to
hereafter f lling due: a:.d
coupons
Whereas, it is but just that the interest tax
fund?
aforesaid should be
distributed equally
the holders of coupons of said
that 8‘id funds arc among
bonds, in the event
inadequate
to make paym nts in
Section 1. Bi it enacted
full; now, therefo e,
by
the
Striate
and,
House of Representatives
State ot'Louisiana, in General
of the
Assembly convened, That whenever
the punctual
payment of all the coupons of said
tonsolidated bonds, falling
ticable for the want of funds to
due, is imprac¬
pay the same in full, the
ear ap^’ieable to
interest tax of the
the payment of said
coupons shall not be reserved and
eld mt:! the
a
H78.
,
Month.
$1,711,373
$610,'68
7,776
992
62 162
55
105, >61
•20
$9)7,*14
,
Fiscal
year, to date.
14,359
$673,98)
$1,387,*269
$2,945,5GG
$1,0:8,114
$3.1,*7,937
231,323
879,05)
451,6)7
262.391
532.254
3',361
203,134
84,387
Tot.mined from lands owned
and controlled
by Co. and
from leasehold estates..,
232,516
all
lines of
17,136
125,766
17,817
$1,833,870
i,003,6'05
-.65,134
821,667
5U0.508
1,008,462
76,263
422,233
112.072
-
1,160,00*
477,541
1,063, i"2 *
97,504
96.935
3), 121
145,036
133,036
603,850-
153,764
*->
534,307
Railroad*—The statement
the
$1.9:7.964
2)6.314
541.6-0
49,662
TONS OP COAL WINED.
Pennsylrania
$1,8:7,20*
430,0:4
TONNAGE and passengers.
By Coal & Iron Co
By tenants
,*
Fiscal
yr. to dale.
of
the
business
Pennsylvania Railroad
Pittsburg and Erie for January, 1879, as Company east of
compared with th®
same
month in 1878, shows an increase
in gross
earnings of $147,increase In expenses of
$5 793 ; an increase in net earn-,
ings of $141,332. All lines west of
Pittsburg and Eie for the
month of
January, 1879, show a surplus
over liabilities for the
month of $204,149,
being a gain over the same moith in 1878 of
128;
an
$17,022.
Peoria &
Springfield.—The
Court has granted a final decree
against this road, which extends frommiles, and has been used by the Indian¬
& Western for most of the time
since
of foreclosure and sale
Peoria, III., to Pekin, 9*2
for the remaining
certificite. signed by him and
comterState, setting forth therein
the
coupon surrendered, the number, matniby and amount aofdescription of
each coupon,
which, however, shill be a
charge gainst the interest fund
otherw ise a debt or claim
only, and not
against
the
State.
Sec. 2. Be it further
enae'ed, etc., That,
of the
f900,4<*
2, 7 <
59,331
Tons of coal on railroad....
Tons of merchandise
Passengers carried
Coal trnnsp by St colliers.
of
withamount adequate to the
payment of the who e of sa d
shall have been
paid into the treasury in
coupons
full;
but
soon
said interest tax fund
as an amount of
adequate to pay one-half of the said
been coll c ed and Laid
coupons Shull have
into the State
treasury, the Auditor of Public
Accounts shah give public notice of
ihe same
the State, and
slia'l, upon the sur ender of said through the official journal of
coupons, stamp the same haif
paid at.d issue to the h lder thereof his
warrant on ihe State
one-half of said coupon, and in
Treasury for the
lieu of and in
exchange
unpaid half, the Auditor shall issue
bargee..deb.
Total of all
AN ACT
by virtue of
.
Total RaiLoad Co
Reading Coal & Iron Co....
board
.
debit.
(
the
To ; r,\ d«; for
pro rata payments of the interest, tax
fund to tte holders of all
upo e of consolidated
bonds, in cases where said interest tax
i< suffici n to
fund is
pay said coupons in full.
Whereas, it h s happened that the funds
realized
from
the
half mills on the
dollar, levied under the provisions of act tax of five and a
No. 3 of 187J, to
pay the interest and
principal
of
the
consolidated
bonds issue!
said act, are
1879.
Mon h.
Railroad traffic
Canal traffic
reor¬
Olliers
Richmond coal
Company made by the
a
receipts, tonnage and
—
annual meet¬
ing, a resolution was adopted
approving the modification of «lie
lease of the Delaware
Division Canal
apolis Bloomington
built.
The bonded debt is
$600,000.
it
waa
Sutro Tunnel.—The Alta
California speaks as follows of Mr.
Sutro and the mine
managers;
“
The compromise between
Sutro and the mine
managers can
be called * signed, sealed and
delivered.’ The fallowing seems
to have been determined
the
amount suftici nt to
upon; That the
treasury an
pay ten per cent on
certificates, and applicable agree to pay Sutro $70 per foot tor his lateral mining companies
thereto, the Auditrr shill give public notice said
of the fact,
tunnels north and
journal of the Sr.at**, and shall
through the official south of the Savage. The first work
pay to the holders of said
north
ten per cent, Hint
will
certificates
the
said
mdoise same on the bark
Savage to a point 100 feet west of the C. & C. be from tlie
of the certificates
and take a
receipt for the amount as a voucher.
Shaft; thence
north to a point east of the Sierra
t'Eo. 3. B: it farther
etc That the provisions of
Nevada, continuing to a point
to the couoons of the enacted,
this act shall
900
feet
east
of
the
said consolidated bonds
Utah
apply
shaft. The southern lateral will
be
Januiry, 1879, as well as to any coupons hereafterwhich fell due on the first of from the Savage to
a sum not
Julia;
thence to a point 50 feet west of the
falling
due
in
any
year, and
exceeding five hundred ($590) dollars is
Yellow
Jacket
hereby appropriated to be
shaft, continuing to a point 60 feet east of
paid out of the interest fund for the
purposes of this act.
the
Sec 4. Be it
Overman shaft. This settlement has
further enacted, etc., That this act shall
been effecteda9 * a
after its
take effect from and
starter,*
and the other details will
passage, and that all laws, or parts of
follow without
laws, in conflict with this act
be, an ! the same are hereby, repealed.
delay, which will
enable the
Savage and Hale & Norcross to pump their water into
the
tunnel
at an
Long Island Railroad.—Id the
early day.”
County Supreme Court,
Judge Gilbert granted permission Kings
to the
Wabash*—It
is
announced that the stockholders of
Long Island Railroad
Company to issue $1,500,000 second
the Wabash
Railway
mortgage
bonds,
to
bear
Company,
at their annual meeting at
date
Aug. I, 1873, payable in foity years, and
Toledo,
authorized
the issue of
$2,000,000 bonds, to be secured
bearing 7 per cent
icteres\ Of the amount,
by a new mortgage,
$1.0GO,000 are to be applied to the
upon
the
entire
property and rolling stock of the
datiou (,l the floating debt of the
liqui
company ; $225,000 to the pay¬ proceeds from the sale of the new bonis are to be company. The
ment of the construction
used to redeem
of the road from
Jamaica to Flatbush the Seney mortgage as it matures, and to
avenue; $225,000 to the
provide new rolling
stock for the road.
discharge
of
certain
The Seney
mortgages
estate owned and
mortgage matures at the rate of
occupied by the company, and for upon real $206,000 per annum for four
additional real estate
years, so that the total amount
acquiring
necessary for carrying on the
business.
company’s required to meet it is $824,000. The new bonds are to run for
thirty years, and are to bear interest at the Tate of
7 per cent
annum.
Memphis, Tenn.—In the Chronicle of Feb. 15,
A special
per
meeting
of
stockholders
the
will
ment of a rec iver for
be held at
appoint¬ Toledo, Ohio, on
the city of
April 24, to approve the action of the Board of
Memphis was
The Directors
following remarks of Judge Baxter of the U. S.reported.
for the issue of the new
Circuit
however are
mortgage bonds, as this is
Court, required by the laws of
worthy of record.
The State of
Illinois.
Tennessee
created a
municipal corporation, and that
corporation created
debts and acquired assets.
The
—Mr. H. L. Bean, the agent for
^corporation and appropriated to theLegislature abolished this
the Southern Nevada
state the assets of
the Company, 52 Broadway, reports
Mining
corporation. This court’is bound to
having
just received a letter from
administer the
the superintendent of the
act of the
mines
Legislatu e in the premises is a violation oflaw, and the
inNevada saying that he has
the consti¬ taken out of a drift in shaft
tution of the Statj and of
No. 2 some fine
the United States. The
samples of native1
act is
and the c iurt so
invalid, gold. The superintendent also reports shaft
declares it. It is an act
No. 4 and the
drift
in tte tunnel as
of contracts.
impairing the obligation
This court has a
being extended, from which ore
to
take
right
from
the assets of the
possession of
assaying
$’50 to $600 per ton has been
corporation and turn thjm over to
taken, while the quantity
the continues large.
receiver.
The German National Bank
and the city treasurer
will
have time to file their
—James A. Whitney,
answers.
The state can a'so come in
Esq., advocate and counsellor at
and
answer.
212 Broadway, has issued the first
The funds will not be
law,
distributed
number of a
before
such
are made.
answers
monthly journal,
So tar as this court has
entitled Useful
Arts,
a
j aurnal of American industries. Mr.
any power, it will protect
citizen a-ainst tin State
any
Whitney has given attention for some years to the
court in
demanding double payment. soliciting
Should this court
Unitei States aod foreign patents, and the business of
go wrong, the Supreme Court of the
Uaitei
journal of
which
he
States, in which he l oped all people had
now
appears ad the editor and
confidence, would cor¬ large part to the
proprietor is devoted in
rect the error.
deserk-tion of
interesting inventions, and to the
discussion of topics
Mobile.—The Alabama L^is’ature has
to the progress of useful inventions.
relating
repealed the
of the City of
Attention is called to the notice of
Mobile, and, on the 11th instant, passedcharter
the
of coupons
incorporating the port of Mobile, and providing for the an act due March 1, on a number of city bonds and payment
railroad bonds, at
ment of three
appoint¬
the
commifsioners by the
banking-house of Messrs. Winslow, Lanier &
government, who have been Nassau & Cedar
Co., corner of
sts.
tax fund for the
whereas, the collection of interest
year 1S78,
the balance of the year
indicated by ihe collections during
1879, will not, as
of past years, be
sufficient to pay bur. a small
fraction of the certificates to be
issued under this act;
ana, whereas, ihe
issuing of ecu v n-annexes would inv dve a
large amount of labor and
it is, therefore,
enacted that whenever there
expense;
shall be in
be
of the Phila¬
delphia & Reading Railroad Company forpassengers
the month of
January
Indianapolis Bloomington & Western Extension,—The
bondholders’ committee ask
bondholders to subscribe for new
preferred bonds to the extent of
$35 on each old bond, to pay the
indebtedness of the road. A mee
ing of the bondholders will be
held within a week or
slgned hv the Tieasurer
have entered upon their
duties. Oa the 15th of
are to be elected
and tha new
police commissioners
bell-punch will be adopted by the
as a means of
Legislature
increasing the tax Trom liquor.”
pooled
by the
Philadelphia & Reading.—The following is a
comparative
statement of
contract
of
[Vol. XXVIII.
.
,
—
■
March
1, 1879. J
THE CHRONICLE.
TJu dTuwwcrcwI £twcs.
TioMMERCLAL EPITOMH
Friday Night,
O O T TON.
Friday, P. M., February 23, 1879.
The Movement of the
Crop, as indicated by our telegrams
from the South
to-night, is given below. For the week ending
this evening ^Feb. 28),
the total receipts have reached
bales, against 134,328 bales last week, 150,841 bales the 110,047
previous
week, and 171,608 bales three weeks since;
making
the total
receipts since the 1st of September, 1878, 3,836,564 bales,
against
3,579,054 bales for the same period of 1877-8,
increase
showing
an
since September 1, 1878,
of 257,510 bales. The details of the
receipts for this week (as per telegraph) and for the
corresponding
weeks of four previous years
are as follows;
February 28.
The weather the
past week lia# been quite severe at the North
and West, snow storms
having again impeded local and
railway
transportation, contributing generally to an indisposition to push
business. The eve of an adjournment of
Congress, when many
matters of importance to trade are
pending, is also an unfavorable
season, and just now brings operations in
important staples to a
standstill, as Congress will adjourn next week. With the recur Receipts this w’k
rence of better
weather, and the disappearance of obstacles to New Orleans....
transportation, a renewal of activity in mercantile circles may be Mobile
Charleston
expected.
Port
-Trade has been dull in coffees, and
prices have declined for Rio
under accumulating stocks, fair
cargoes being quoted at I3£c.
The visible eupply of Rio for the U nited States on
the 26th was
at
1879.
1878/
1877.
1876.
1875.
46,353
7,565
5,602
38,016
7,967
30,888
3,707
6,436
4,343
37,051
9,506
3,823
479
698
204
232
3,513
13,592
11,362
5.193
7,057
3,530
6,059
26,545
6,871
5,764
1,049’
11,143
7,933
362
25
7,293
73
202
214
12,978
12,195
10,178
12,260
9,416
Royal, Ac
Savannah
Galveston
iDdianola, &c
Tennessee, &c
178,315 bags; at this market 83,410 bigs Rio and 15,339
bags and
39,675 mats of other growths. To-day, there was more
doing,
with sales of 14,000
bags of Brazil. Rice in moderate demand at
steady prices. Molasses active for domestic, but with a stock of
22,000 bbls. prices are no higher. The better of
foreign goods
attract
225
Florida
North Carolina
Norfolk
1,609
2,610
•
...
306
115
179
1,947
1,595
2,32ft
5,995
7,983
2,401
1,019
6,018
1,362
7,753
502
110,047
94,349
68,615
86,215
City Point, &c
Total this week
228
3,460
5,886
471
77,268
have been dull, and Cuba
Total since Sept. 1. 3,836,564
3,579,054 3,571,507 3,491,142 2,991,527
*muscovado is quoted at 6j-@6fc. for fair to
good refining; cen¬
The
trifugal, Gi<®7^c.; No. 13 box, D. S.,6|®8£c. R-fined in fair
exports for the week ending this evening reach a total of
118,333 bales, of which 93.114 were to Great Britain,
request at 8|@9c. for standard era died.
The movement ia
8,137 to
France, and 17,092 to rest of the Continent, while the stocks as
raws has been :
made up this
evening are now 796,906 bales. Below are the
Hhds,
more
attention.
Raw sugars
■
-
Boxes.
,
Receipts Peb. 1 to Peb.
28
43,80*
39,fi72
IS,6 2
18,421
Sales Feb. 1 to Feb. 2b.
Stock Feb. 26, 1879
Stock Feb. 27, 1878
5.2«t
8,708
4,598
9,050
Bags.
stocks and exports for the week, and also for
the
week of last season.
Melado.
2,490
28,182
4B.9T7
474,155
41,329
6
>3
Week
r
ending
Feb. 28.
1
N. Orl’ns
5.
Mobile..
•
100 for home consumption.
The sales included lugs
(an advance), and leaf;5@12c. The business in seed
EXPORTED TO—
Great
Britain.
....
Charl’t’n
j
B
9@18c. The movement in Spanish tobacco is limited to 450
-at 87|c.@$l 08, and 32 do.
Yara, one ani two cuts, 76c.
bi
’
,
include—grain, to Liv¬
erpool, by steam, 5J@6J., 60 lbs, cotton 7-32@£d.» bacon
30s.,
butter and ch ese 40s.@l2s. 61. ; grain to London,
by steam, 7d.,
•flour 2s. 91., do. by sail, Is. 10Jd.;
grain to Newcastle, by steam,
5s. 6d. per qr.; flour to Bristol,
by steam, 2s.; grain to Cork for
orders, 5s. 44 @5s. 61. p?r qr.; do. to Bordeaux, 5s. l|d.@5s.
2d.;
do. to Amsterdam, 5s. 31.; do. to Havre or
Antwerp, 4s. 6J.; re¬
fined petroleum to
Hamburg, 3s. 3d.; crude do. from Philadelphia
to Marseilles, 4s.
To-day, rates were essentially unchanged;
grain to Liverpool, by steam, 5|d., GO ibs., flour, by sail, Is.
10£d.
<@2*.; grain, to London, by steam, 6|1., 60 lbs.; grain, to
Antwerp
or Bordeaux, 5s. 31.
per qr ; grain to London, 4s. 6}d. perqr.; do.
to Cork for orders, 5s.
4£d @5s. 61.
Domestic grass seeds
are
quiet
;
prime Western clover
sold at
'6}@6£c., but a large sale of domestic fDxseed was made at $1 35.
Whiskey has declined to $1 07|. The business in naval stores
has been of an
irregular and limited nature ; spirits turpentine
has declined to 29|,S30c.
at
$1 40(2)1 42k
;
•
common to
fine grades
good strained rosins quoted
are scarce
and*hel i with
some
354,16?
58,340
44.953
60,996
65.838
153.482
19,005
52,000
93,114
8,127
17,092
118,333
148,905 796,906 814,781
......
......
Koya!, 2,075 bales.
From the foregoing statement it will be seen
that, compared
with the corresponding
week of last season, there is a decrease
in the exports this week of 30.572
bales, while the stocks to-night
are 17,875 bales less than
they were at this time a year ago.
In addition to above
exports, our
the spot at $9 75 ; new mpss,
barely steady at 7@7 031c. for prime Western, on the
spot, and prime city at 6 90c.; for future delivery, March sold at
6*97ic., April at 7*02^7*053., May at 7*10v37*12£c.t June at
7*17ic.; refined, to the Continent, sold at 7*30c. Bacon was
dower to sell; long and short clear
quoted here at 5fc. Butter
was generally quiet and
only about steady. Cheese less active
but steady ; good to fancy S ate
factory, 7£a:9£c,
Ocean freights have received a fair
degree of attention; rates
on the whole, are
well sustained, particularly for
tonnage for
Late engagements and charters
8,867
65,058 358,452
5,177 43,676
13,227 36,200
29,495 63,602)
5,349 67,515
8,742 172,731
12,670 26,730
9,187 28,000
The exports this week under the head of
“other po-ts” Include, from Balti¬
more, 2 103 bales to Liverpool ; from Boston.
2,334 bales to Liverpool; from
Philadelphia, 1,038 oaie< r, * Liverpool; from YVilmlnjtoa,
1,332 oalei to Liver¬
pool; from Port
was
charter.
.
....
1878.
•
a
Pork,
$10 75@$11.
on
....
....
1879.
Sept. 1. 1506,494 339,940 643,891 2490,325 2224,220
To-day. there wa< a very dull market, so much
that prices in several instances were entirely
nominal.
quoted
750
....
1878.
Tot.slnoe
partial reaction.
old mess,
6,830
8,867
week..
times, have developed sharp advances, in sympathy with sim
advices from Chicago; toward the close,
however, there was
Lard
1,393
Week
Tot. this
The market for provisions has shown a
general firmness
•quite a good movement during the past week. Pork and lard
so
Norfolk-
925
8,285
1,104
STOCK.
Same
73,742
2,476
4,413
17,474
2,497
2,034
6,830
910
....
1,284
Other*..
5,118
....
....
N. York.
nent.
5,168
1,566
3,488
9,189
Savan’h.
Galv’t’n;
France.
63,456
Total
this
Week.
Conti¬
corresponding
firm
telegrams to-night also give
the following amounts of cotton on
shipboard, not cleared, at
the ports named.
We add also similar figures for New York,
which are prepared for our
us
Lambert. 00 Beaver street;
On
Feb.
28, at—
Liver¬
Shipboard, not cleared—for
„
1
Other
Coast¬
55,500
9,800
17,000
3,500
81,000
1,250
5.500
3.020
3.950
4,500
14,211
1,200
16,000
N one.
9,550
27,500
17,522
800
98
Forei^n wise.
2,608
1,500
2,605
Leaving
Stock.
Total.
154,750
203,750
19,600
16,613
24,076
19,582
33.500
30,102
36,946
None.
None
1,000
3,000
20,000
30,569
169,581
34,730
j 104,231 27,053
L42,322
9,253
284,564
512,390
New York
!
Total
by Messrs. Carey, Yale &
France.
Charleston
Other ports
use
pool.
New Orleans—..
Mobile
8avanuah
Galveston
special
250
None.
*3,150
*
Included in ttus amount there are
1,700 bales at Presses for foreign
ports, the destination of which we cannot learn.
The
following is
cotton at all the
our usual table showing the movement of
ports from Sept. 1 to Feb. 21, the latest mail dates:
receipts since
Ports.
sept.
1878.
EXPOR ted since sept. 1 TO—
1.
Great
Britain.
1877.
_
France.
1
Other
jForeign
Stock.
TotaL
N.Orlns
943,970 1124,144 375,294 165,704 !182,247 723,245 382,934
Mobile. 317,401 350,658
33,144 26,931 ! 22,655
82,780 45,542
Char’n* 478,296 405,694
130,343 51,737 142,871 324,951 33,223
Sav’h.. 635,057 503,583 U
171,649 23,646 176,842 372,137 74,107
Galv.*. 490,537 379,903 174,849 43,695
47,688 271,232 61,147
N. York 115,443
74,680 178,473 10,320 18,095 206,888
164,427
Florida
45,832
N. Car.
120,485
450,993
11,980
120,189
410,322
103.552
10,296
41,495
154,490i
1,967
2,050
......
18,589
3,8d8
13,954
12,263
62,134
159,061
6,517
Petroleum has remained about steady, and
713
quiet; refinei, Norf’k*
27,300
in bbls quoted here at
9£c. American pig iron is less active, bur. Other.. 123,443
143,347
157.301 21,500
nevertheless firm, at $16 50@$18 for No. 1, and
$15 50(2>$17 for This yr. 3726,517
No. 2, Steel rails are held
1413,330 331,813
higher at $45@45 50 at tide water, with
626,799,2371,992 821.74T
1
small sales reported.
Ingot copper remains steady ; sales 50,000 Last yr..
3434,705“ 1322,790 333.749 303,776 2075.315 832.650
lbs. Lnke at 15jc. Hides have been
Under the uead of Ciarlcnto'i is luoiudel Port
fairly active at the recent!
aoy tl, Ac.: under tae bead of
mess.
,
j
i
•••*
•
■decVn’,
QalveMon Is included Inilanola, Ac.:
Point, Ac.
u ider the
head of Norfolk La Included
Ultv
226
rHE CHRONICLE.
The market for cotton
the spot has been
on
more
active the
[Vol. XXV1IL
The
following exchanges have been made during the week:
past week, mainly for consumption,
•15 pd. t> exch.
and, notwithstanding
4,000 March for April.
500 Feb. for
*14 pd. to exch. 200
March, even.
receipts were so free as to cause a further increase of
March for April.
t4 pd. to exch. 1.000
*13
stocks at
March for June.
pd.
to
exch.
100, no not. this week,
•01
this port, prices have
pd.
to
exch.
100 Feb. for anarch.
for April.
improved, and on Wednesday there was an March
•H pi. to exch. 100
•30 pd. to exch. 000 March
Marche, n. 1st for
for May.
advance of 1-lGc. in current
April.
•30 pd. to exch. 100
Feb. for May.
quotations. Yesterday, there was a
•15 pd. to exch. 500
300 Feb. for March, eve
4p>il for May.
•13 pd. to exch. 800 March
good business for consumption at firm
•01 pd. to exch. 100
for Arril.
Feb. for March.
•ib pi. t * ex'-n. 100
prices, but to-day the
•30 pd. to exch. 200 Feb.
‘-aich for May.
for
market was quiet.
May.
•28
evCh.
pd.
to
•15
The speculation in futures has been
500 Mar h for
pd. to e vch. 800 March for
May.
April.
•03 pd. to exch. 100
rather
■14pd.to exch. 200 v ay for June.
March s. n. 1st fox
slow, but at gradually hardening
reap lar.
•15 pd. to exch. 700 March
for Ap: il.
values, in the face of very
•14 pd. to exch. 800 March
500 Feb. for Man
for A prll.
unfavorable reports from
h, even.
•30 pd. to txch. 200 March
*44 pd. to exch. 500
for May.
manufacturing districts abroad. Liver¬
March for June.
pool has also reported a weak or declining market from
The
following will sliow the range of prices paid, and the
day to
day. Hut receipts at the ports have shown a
considerable falling week.
off from last week, and the
statistical position was
regarded as
favorable to the views of
operators for the advance. A feature Futures
Saturday.
Monday.
Tuesday.
of the business on
Monday and Tuesday was the increased activ¬ Market.
Firmer.
Firmer.
ity in exchanges, the bulls carrying forward their
contracts for
For Day.
the later months, and in the
Closing. For Dajr. Closmg.
transactions reported March and
High. Low. Bid. Ask High. Low. Bid.
May were the most active. Yesterday, there was renewed
Ask
9-79- 9-78 9-78
activ. Febr’y
9-79- 9-70 9 79
March
ity in exchanges, causing som6 advance for
9*80- 9-77 9-78 79 9-809-70 9-79 80
April and May, with April
cz
the whole market
9 94- 9-92 9*93
Q-Ol
9-94- 9 91
steadier, although receipts at New
s
Orleans May.
1009-10-07
and Memphis were
1008
10-09-10-00 10*08 00
quite large, und foreign advices dull. There June
c
10‘23-10*22
10-22
►A
10-24-10-20 10-23 24
was-some
•
irregularity, however, in that October was no higher, July..
1034-10-33 10-32 33 10-35-10-33 10 34
35
August.
and November was
10-42-10-42 10-41 42 10-41-10-40 10-43 45
cheaper.
To-day, there was some further Sept’b’r
10-28-10-20 10-20 28 10-27-10-27 10-28
advance in futures at the
29
opening, but, later in the day, weak October
1003-10-03 10-03 05 10-04-1004 10-04 05
accounts from
Nov’be r
Liverpool and rumors of failures at Manchester
9-89
93
Tr. ord.
9-90 95
caused, not only a less of the early
9 8C )
9-8C)
advance, but a slight decline Closed.
from yesterday's
Quiet, st eady.
•
.
'
,
.
—
—
..
r—*
.
closing.
Futures
delivery for the week are 224,300
free on board. For immediate
delivery the
this week 5,818 bales, including 1,442
for export,
3,165 for consumption, 1,241 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:
—
UPLANDS.
Sat.
7Js
Strict Ord..
Good Ord..
Str. G’d Ord
Low Midd'g
Btr.L’wMid
8*16
813)6
9*8
93q
Holiday
Middling...
Good Mid
Str. G’d Mid
..
934
12
Wed
Ordin’y.^Ib
Strict Ord.
Good Ord..
Btr. G’d Ord
Low Midd’g
Str.L’w Mia
Middling...
715)6
8*8
Th.
Frt.
715)6
71510
878
93)6
9716
93)6
97)6
9‘
950
9^8
913)6
Good Mid.. 10318
Str. G’d Mid 109)6
Midd’g Fair 11 *4
Fair..;
121)6
8
8716
810)6
8
87ic
815)6
8
8716
87)6
9‘4
9*2
914
91?.
911)6
911)6
978
10(4
97S
U)i4
1058
105s
12i8
Wed
812
378
9
93)6
95)6
Frt.
81)6
9916
934
jHoliday
81° ir>
911)6
978
10*4
10/8
105a
1218
1218
812
8*2
81)6
9
8*2
9
9
9
95)6
99)6
95)6
99)6
95)6
99)6
95)0
9916
..$ a>.
Middling...
8
8
Holi-
8*2
day.
9
8*2
9
93s
930
97)6
Tit.
Frl.
81)6
89)6
91)6
97)6
81)6
89)6
91l6
97)6
MARKET AND SALES.
SALES OF SPOT AND
TRANSIT.
SP^T MARKET
CLOSED.
fiat,
j
Ex-
Con-
Spec- Tran¬
port.' sump. ul’t’n
sit.
FUTURES.
Total.
Deliv¬
Sales.
eries.
.
Mon
Firm
Tues. Firm
Wed
Steady,
Thurs Quiet
Fri.
.
.
Total
.Holi
304
004
229
1,081
129
879
320
342
495
335
.
higher..
237
105
105|
1,442!
jDull
304
day..
883
....
....
....
259
3,105 1,241
....
For forward
40,900
1,388
1,545
1,304
43,200
008
500
100
200
000
07,200
200
5,848 224,300
1,000
....
33,000
40,000
delivery, the sales have reached during the week
224,300 bales (all middling or on the basis of
middling), and the
following is a statement of the sales and prices:
For February.
Bales.
Cts
200 s.n. 26th 9 73
100 P.n.25th 9-74
100 s.n.:5th 9-76
4(H)
9 76
500
9 77
4.400
9 78
3,100
9-79
9-80
1,000
9 81
12,100
For March.
100 s.n.
st.
2,500
500 9.0. .st.
•
100
U00 s.n. 1st.
300 s.n.3d..
t 400
100 s.n
200 S.u 1st.
800 s.n.3d..
*
100
t <500.
$
300
9-76
9 76
9-77
9 77
9-78
9-78
9-78
9 78
9 79
9i9
9-79
9 79
9-79
9-SQ
9-80
9-80
Bales.
Cts.
200 s.n.8d.. 980
7,700
9v<0
For
Ba’es
9-81
600 S.n. 1st. 9 82
1(H) s.u.3d.. 9 82
9.800
9-82
500 s.n.4th. 983
2,500.
983
5,100
9-4
IT loo
9-85
100 s.n.I'd.. 9*85
2.200
9 85
IT 100
9-88
IT 100
b-89
70,300
For
April.
7.800
12.500
13.400
7,300...
4.9U0
900
10,500.
100
...
991
9-92
9 93
9 94
9H*5
9-96
9 97
9 98
9-94
10-00
Bales.
Cts.
12,100
13,800
9,900.../.
10 06
10 0 7
900
4,900
10-08
10-09
10-10
1011
10-12
2,600
10 13
10 14
For August.
400
.
.10-40
200
700
..,.10-40
For September.
800
.10-26
400
.10-/7
-100
10 28
1,300
For October.
For
500
July.
200
10-32
10-33
10-34
10-35
600...
I
10-02
1003
'..1004
1,330
tNo notice this week.
For
Day.t
Closing*
High. Low. Bid. Ask High. Low. Bid. Ask
80 9-80- 9-70 9-82
83
81 9-82- 9-80 9-82 83
9-85- 9-80 9-78 79
93 9-97- 9-92
9-90 97 10-00- 9-94 9*93 —
08 10-10-10-07 10-10 11
10-14-10-08 10 00 07
22 10-24-10-22 10-24 25
10-28-10-22 10-20 21
33 10-3510-33 10-35 37
110-38-10-30 10-30 31
41 10-43-10-43 ,10-44
45 10-40-10-41 10 39 41
20 10-20-10-20 '10-20
27
10-20 24
03 10-03-10-02
[10-02 03 i 10-04-10-08 10 00 01
95
[ 9-80 90
9 80 90
9-8 5
9-8 9
Fin n.
f
Wea k.
for
the
Continent are this week’s
returns,
to Thursday evening;
brought down
:
the
Stock at Liverpool
Stock at London
Total Great Britain stock
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other conti’ntal
ports.
.
Total continental ports
Total European stocks....
India cotton afloat for
Europe.
Amer’n cotton afloat for
Eur’pe
Egypt,Brazil,&c.,attt for E’r’pe
Stock in United States ports
Stock in U. S. interior ports..
United States exports
..
.
to-day..
Total visible
Of the
follows:
§ No
1878.
1877.
1876.
516.000
58,500
662,000
895,000
32.500
859.000
63,000
574,500
150,500
673,500
11,500
235,000
3,000
5,000
927,500
156,750
6,000
29,750
11.250
7,250
5.500
3,500
59,000
12.500
47.750
65.500
10,000
6,750
10.750
260,250
368,500
372,500
19,500
5,500
32,000
7.500
21,000
42,750
35.250
8,500
3.500
*
922,000
226,500
4,500
72,000
20.500
46.500
45,000
16,750
13,250
13.500
458,500
834,750 1,042,000 1,300,000
1,380,500
105,000
137,000
169,000
124,000
655.000
540,000
604,000
595,000
22,000
42,000
38,000
50,000
796,906
814,781
872,495
778,229
104,285
120,512
101,075
122,890
18,000
51,000
5,000
24,000
.
supply.bales.2,535,941 2,747,293 3,089,570 3,074,625
above, the totals
of American and other
descriptions
are
as
American—
Liverpool stock
Continental stocks
American afloat to Europe
United States stock
United States interior stocks..
United States exports
to-day..
_
300,000
222,000
505,000
317,000
655,000
796,906
104,285
18,000
540,000
,
814,781
120,512
51,000
592,000
287,000
-
484,000
101,075
271,000
595,000
778,229
122,890
5,000
24,000-
604,000
872,495
Total American
bales.2,186,191 2,348,293 2,461,570 2,275,125
East Indian, Brazil, <£c.—
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, &c., afloat
Total East India, &c
♦Total American
3,800
14,700
2,M00
1,100
6,000
1,000
...10-42
900.......
For Jane.
200
10-20
10-21
3.6(H)
10-22
3.400
1023
10-24
400
10-25
1,600.
10-27
10-28
200
cts.
10-36
10-37
10-38
200.
600
200
600
49,000
65,800
1,100
~*No notice Feb. 24th. + No rot'ce
till 1st.
notice ti 115th. "J Ko notice till 25th.
May.
Closing.
and consequently
hence, to make the totals
complete figures for
8*2
1 exports from the United to-night (Feb. 28), we add the item of
9
States, including in it the exports of
9*16
Friday only:
9916 I
1879.
„
8116
89)6
91l6
9-79
9-80
9-92
10-07
10*21
10-32
10-40
10-2 4
10-02
9-90
:1
Day.
The
She
8^2
Mon Tnes Wed
Variable.
For
Visible Supply of
Cotton, as made
by cable and
telegraph, is as follows. The Continental stocksupare
the
of last
Saturday, but the totals for Great Britain and thefigures'
afloat
Frl.
8116
934
Friday.
Firmer.
t To 2 P. M.
115)6 115)6
Til.
Bid.
9-8( )
Wea k.
Closed.
978
10*4
Wed
934
October 10-04-10-02
Tr. ord.
9*2
911)6
81)6
93)
Sat.
Good Ordinary....
Strict Good Ordinary
Low Middling....
1010-1000
Nov’ber
914
9*2
934
934
913)6 9l3i6 915)6 915)6 915)6
915)6 915)6 91516
10316 10316 10°)6 10516 10°)6 10°)6
10°)6 10°, 6
10^ 6 109)6 1011)6 10Ui6 1011)6
1011)6 1011)6 1011)6
1114
11*4
113a
1130
1130
1138
113a
1130
121)6 121)6 123)8 123,6 12316
123)6 123,6 123)6
STAINED.
Low.
9-81- 9-77
9-82- 9-77
9-95- 9-91
July
10-35-10-32
August. 10-43-10-41
Sept’b’r 10-27-10-26
81*16
9*4
12i8
Til.
81)6
83s
)6
.
..
Closing.
High.
June... 10-23-10-21
Mod. Tues
8
115ig 115)6
12
838
878
9^8
Holiday
1012
113)6
113)6
Sat.
May.
.
Day.
...
8*16
81316
93)
1018
April.
TEXAS.
Mon Tues
7_78
93)6
1018
10*2
Fair
Sat.
9*8
938
9»16
Midd’g Fail-
NEW ORLEANS.
Mon Tues
Ordin’y.^tb
—
March
Thursday.
Variable.
For
Febr’y.
Quiet, 1Irm.
2 Wednesday.
Market.
total sales foot up
Feb. 22 to
Feb. 28.
—
.
—
The total sales for forward
bales, including
—
..
;
0043.6852734.2651
.
.
Total visible supply
Price Mid. Upl., Liverpool
126,000
58,500
38,250
105,000
22,000
157,000
11,500
51,500
137,000
42,000
303,000
375,000
32,500
63,000
85,500
187,500
169,000
124,000
38,000 "
50,000
349,750
399,000
628,000
799,500
2,186,191 2,348,293 2,461,570 2,275,125
,
..2,535,941 2,747,293 3,089,570 3,074,625
5%!.
tfUad.
61iedThese figures indicate a decrease in
the cotton in
sight to-night
of 211,352-bales as
compared with the same date of 1878, a
decrease of 553,629 bales as
compared with the corresponding date
of 1877, and a decrease of
538,684 bales as compared with 1876.
At the Interior Ports the
movement—that is the receipts
and shipments for the
week, and' stocks to-night, and for the
corresponding week of 1878—is set’out in detail in the
following
statement:
March 1,
THE CHRONICLE.
1879. |
Week ending Feb. 28, ’79.
Week ending Mar. 1, ’78.
227
and
receipts a trifle in excess of last week. Average thermome¬
57, highest 80, and lowest 34. The rainfall for the week is
seventy-three hundredths of an inch.
Vicksburg, Mississippi.—Weather report not received.
Columbus, Mississippi.—Rain has fallen during the week on
two days.
Crop preparations are very much behind hand.
Little Rock, Arkansas.—We have had three
cloudy days the
past week, with a light shower on Saturday. It is now dry and
pleasant. The thermometer has averaged *47, the highest being
ter
Receipts Shipm’ts
Augusta, Ga
1,963
"Columbus, Ga....
24,930 104,285
16,247
26,666 120,512
409
1,794
658
2,200
15,460
16,962
985
612
Total, old ports.
22,089
Dallas, Texas
.Jefferson, Tex
Shreveport, La
Vicksburg, Miss
Columbus, Miss..
Eufaula, Ala
Griffin, Ga
Atlanta, Ga
Rome, Ga
Charlotte, N. C...
St. Louis, Mo
Cincinnati, O
..
.
Total, new p’rts
Actual count,
*
521
826
570
980
3,480
5,446
3,100
4,706
409
361
256
238
475
1,193
1,139
1,495
3,491
6,732
4,2?4
1,537
2,666
1,343
5,175
2,729
594
804
860
7,168
7,942
8,218
9,708
51,700
723
654
671
954
15,674
16,902
5,269
13,516
4,006
60,024
5,121
413
598
390
462
2,123
4,950
2,208
4,260
5,643
1,552
3,433
28,235
7,667
1,515
6,219
3,426
7,530
3,786
8,498
5,047
3,557
4,485
1,100
12,408
2,588
1,308
37,146
7,213
33,994
66,153
23,173
28,518
90,423
58,924
170,438
39,420
482
1
1,630
5,192
412
796
1,061
1,076
48
558
1,284
1,121
1,129
1,767
767
1
72 and the lowest 23.
The rainfall is three hundredths of an
inch for the week, and one inch and
fifty-three hundredths for
the month.
Tuesday evening the weather changed suddenly,
the thermometer falling forty-two
hours.
degrees in three
Nashville, Tennessee.—It has rained during the week on three
days, the rainfall reaching seventy-six hundredths of an inch.
Average thermometer 43, highest 67, and lowest 16.
Memphis, Tennessee.—Rain has fa]len on two days of the week,
the rainfall reaching eight hundredths of an inch.
Roads have
improved, and marketing is proceeding expeditiously. Average
thermometer 47, highest 69, and lowest 22.
Mobile, Alabama.—It lias rained severely one day, and has been
showery one day, the rainfall reaching seventy-six hundredths of
an inch, but the balance
of the week has been pleasant.
The
thermometer has ranged from 35 to 67,
averaging 52. The rain¬
fall for February is two inches.
Montgomery, Alabama.—We have had rain on two days, and'
frost on three days, the past week.
The thermometer has aver¬
aged 53, the highest being 73, and the lowest 30. The rainfall
for the week is fifty-seven hundredths of an
inch, and for the
55,184 210,935
being 4,016 bales less than estimate.
The above totals
decreased
1.167
29,61T
1
Total, all
*
•
10,227
1,388
3,291
1,688
1,593
1,539
2,014
13,966
2,575
Selma, Ala
Memphis, Tenn..
Nashville, Tenn..
Montgomery, Ala
Receipts Shipm’ts Stock.
16,226
9,351
3,513
5,152
4,267
58,051
7,725
2,461
1,119
939
290
Macon, Ga
Stock.
show
that
the
old
interior
during the week 7,425 bales, and
bales less than at the same period last year.
towns have been 5,842 bales more than
same
stocks
have
to-night 16,227
are
The receipts at the
the same week last
month two inches and fourteen hundredths.
year.
Receipts
Selma, Alabama.—During the earlier part of the week we had
on two days,
but the latter portion has been clear and pleas¬
Plantations.—The clearest idea of the
rain
progress making in the movement of the crop may be gathered
from the following statement, which shows the extent of the
ant.
shipments each week from the plantations:
week.
Average thermometer 55, highest 70 and lowest 40.
has been unusually windy this week, and we have had a
from the
RECEIPTS
PROM
!-
PLANTATIONS.
Madison, Florida.—Rain has fallen
but not
j
Week
end’g-
1876-7.
Dec. 6.
4i
44
44
20.
171,596 231,594
162,633 214,634
27.
10.
44
17.
it
24.
44
31.
Feb.7.
44
14.
44
21.
44
38.
1877-8.
187,733 174,365
196,436 202,805
13.
Jan. 3.
44
Receipts at the Ports.
.
Stock at Inter’r Ports
Rec’pts from Plant'ns.
213,722
224,126
245,615
256,397
187,733 174,365 220,718
196,438 202,805 220,291
171,596 231,594 204,832
162,633 224,634 199,981 inches and fifteen hundredths.
108,776 157,118 130,508
Savannah, Georgia. —We have had rain on one day, the rain¬
74,234 125,153 93,104 fall reaching twenty-three hundredths of an inch, but the rest of
106,065 153,727 93,202 the week has been pleasant. Average thermometer 53, highest
74, and lowest 35.
90,472 164,059 133,997
125.532 159,186 167,097
Augusta, Georgia.—Rain has fallen (light) on three days the
137,032 133,352 164,790 earlier portion of the week, while the latter part has been clear
116,431 112,485 127,489 and pleasant.
About ninety per cent of the crop has been mar¬
86,569 103,318 125.809 keted, and planters are sending cotton forward freely.
Average
6*,315! 78,599 98,219 thermometer 50, highest 74, and lowest 32. The rainfall h»3
reached forty-three hundredths of an inch.
169,073
185,665
226,559
261,876
236,280
259.129
230,957
294,281
249,905 253,239 281,634
221,007 235,293 253,647
214,057 237,380 233,236
195,082 •242,013 218,585
132,240 244,494 220,937
179,266 240,708 214,117
174,977 233,103 190,765
173.478 226,635 182,246
173,178 210,935 170,438)
Reports
by
Telegraph.—Rain
has
fallen
in
portions of the South the past week, but no more than
usual at this season of the year.
The roads are generally in
good condition, and there is no impediment to a free marketing
many
of the crop.
Galveston, Texas.—We have had rain during the week on two
days. Spring is advancing rapidly, and farm work is active.
Average thermometer 60, highest 70, and lowest 44. The rain¬
fall for the week is seventy-one hundredths of an
the month one inch and thirty-six hundredths.
Charleston, South Carolina.—There has been no rainfall during*
averaged 53, the extreme
the past week. The thermometer has
range having been 32 and 72.
Comparative Port Receipts
v
an
inch.
Daily Crop Movement.—
comparison of the port movement by weeks is not accurate,
the weeks in different years do not end on the same day of
the
month.
We have consequently added to our other
standing
tables a daily and monthly statement, that the reader may con¬
stantly have before him the data for seeing the exact relative
movement for the years named.
First we give the receipts at
each port each day of the week ending to-night.
as
PORT RECEIPTS FROM
of
we’k
New
Or¬
leans.
Sat..
4,932
1,413
Mon 13,391
Tues 9,938
2,547
1,210
1,030
D’ys
Wed
Corsicana, Texas.—It has rained on two days of the week, the
rainfall reaching forty hundredths of an inch.
We have had
a
killing frost, with ice, on one night, but without serious
damage. The thermometer has ranged from bl to 70, averaging
51. There lias been a rainfall of fifty-two hundredths of an
inch during the month of February.
Dallas, Texas.—Rain has fallen on one day, and we have had
a killing frost with
ice on one night, but fruit is unhurt and no
serious damage lias been done. Farmers are very busy. Average
thermometer 51, highest 70, and lowest 31.
The rainfall for the
week is fifteen hundredths of an inch, and for the month seventy
and
A
inch, and for
Indianola, Texas.—There has been no rainfall the past week.
We had a high wind on one day, but no serious
damage has
been done. Ploughing is progressing. The thermometer has
averaged 60, the highest being 74 and the lowest 47. We have
had a rainfall during the month of February of fifty hundredths
hundredths of
killing frost.
Macon, Georgia.—It has rained on one day. but the rest of the
week has been pleasant.
The thermometer has averaged 47, the
highest point having been 67 and the lowest 26.
Columbus, Georgia.—It has rained on one day of the week, the
rainfall reaching sixty hundredths of an inch.
The thermometer
has averaged 43.
The rainfall for the month of February is two
a
220,748
220,291
204,8S2
199,981
1877-8. 1878-9.
€8,315 bales.
inch.
Thur
Fri..
2,079
8,268
7,745
Tot.. 46,353
Mo¬
bile.
SATURDAY, FEB. 22, ’79, TO FRIDAY, FEB.
Char¬ Savan¬ Galleston. nah. vest’n.
1,040
1,168
1,750
1,192
1,616
747
2,Q77
1,146
1,716
651
532
714
365
7,565
5,602
766
1878.
1877.
October..
283,848
639,264
578,533
NovembT
779.237
822,493
Sept’mb’r
93,491
ton.
2,520
673
50
1,312
713
95
1,993 1,315
1,339 1,728
1,201 T,213
1,933 1,207
8,513 13,592
Year
folk.
Wil¬
ming¬
4,549
The movement each month since
Monthly
Receipts.
Nor¬
7,933
$ept.
393
28, ’79.
All
Total,
others.
1,469
2,630
3,211
270
1,955
3,332
232
6,039
13,298
28,478
20,278
.
11,408
16,646
19,941
1,753 18,636 110,047
1 has been
as
follows:
Beginning September 1.
1876.
236,868
675,260
901,392
1875.
169,077
610,316
740,116
821,177
637,067
479,801
1874.
1873.
134,376
536,968
115,255
355,323
676,295
576,103
Brenham, Texas.—It has rained on two days the past week, Decemb’r 893,664 900,119 787,769
759,036 811,668
the rainfall reaching sixty hundredths of an inch.
618,727 689,610 500,680
We have January
444,052 702,168
had a frost, but not a killing frost.
The fruit trees are full of February, 566,824 472,054 449,686
383,324
482,688
blooms and buds, and all vegetation is forward. The ther¬
Tot.Fb.28 3,838,564 3,561,300 3,551,655 3,457,554 2,934,051 3,043,205
mometer has averaged' 63, the extreme range having been 42 to
80.
The rainfall during the past month has been one inch and Perc’tage of tot. port
81-95
87-95
82-50
79*99
83-90
receipts Feb. 28...
fifty hundredths.
New Orleans, Louisiana.—It has rained on one day the past
This statement shows that up to Feb. 23 the receipts at thp
week, the rainfall reaching ten hundredths of an inch. The ports this year were 275,234 bales more than in 1877 and 284,909
thermometer lias averaged 56. We have had a rainfall during bales more than at the same time in 1876. By addin? to the
the past month of two inches and one hundredth.
above totals to Feb. 28 the daily receipts since that time, we
Shreveport, Louisiana.—The weather during the week has shall be able to reach an exact comparison of the movement
been fair and dry. The condition of ./the roads is much better,
for the different years.
It
frost,
1876-7.
the receipts at the ports
actual from plantations
were only 98,239 bales, the balance
being drawn from stocks at
the interior ports.
Last year the receipts from the plantations
•for the same week were 78,599 bales, and for 1877 they were
an
day of the past
1876-7. 1877-3. 1878-9.
This statement shows us that although
the past week were 110,047 bales, the
of
one
1878-9.
115,268 165,755 143,155
101,132 142,099 121,091
115,015 153,727 113,613
109,447 164,059 143,648
138,374 159,186 167,097
140,006 137,138 171,603
120,720 120,090 150,841
83,068 109,736 134,328
68,615 94,349 '110,047
Weather
on
.
*
228
'
/
•
THE CHRONICLE.
1878-79.
1877-78.
1876-77.
1875-76.
1874-75.
1873-74.
T*i Jan.31
3,269,740 3,089,246 3,101,969
2,977,753 2,550,727 2,560,517
Feb. 1....
36,304
28,495
23,468
44
20,601
11,093
8.
2....
S.
19,795
22,487
44
20,117
17,152
35,391
3....
44
.23,729
38,564
23,999
23,378
25,634
24,175
4....
44
5....
6....
7....
"
44
44
8....
44
9
8.
...
44
10....
44
11....
44
12....
44
13....
44
14....
44
15....
“
16....
44
17....
44
18....
44
19....
44
20....
44
21....
44
22...
44
23....
44
24....
“
25....
44
26
44
27....
28....
29
44
44
34,476
19,174
22,370
21,048
29,598
16,652
8.
28,011
35,541
8.
20,000
22,343
25,716
17,084
28,732
25,353
15,618
16,721
19,076
8.
16,653
17,146
21,174
14,337
22,806
15,100
19,637
20,332
26,011
27,461
8.
14,452
15,578
16,994
16,817
14,121
36,822
8.
25,768
15,706
26,965
8.
23,264
29,647
20,075
14,800
19,886
13,249
20,184
19,05f
16,2G9
8.
8.
.18,047
21,471
8.
16,948
12,974
9,456
32,612
21,108
16,984
12,039
21,210
8.
14,612
8.
16,235
18,474
19,420
13,071
11,793
12,079
16,112
19,041
16,081
8.
27,656
20,344
7,329
18,965
8.
19,557
17,282
15,875
11,904
8,896
23,306
12,421
8.
16,982
12,797
11,368
13,396
13,253
8.
25,719
...
Total
15,019
30,281
28,476
20,278
19,011
14,612
18,097
15,601
27,614
28,820
11,730
19,408
24,159
13,298
8.
17,644
24,479
15,928
11,581
14,837
14,650
20,245
14,219
15,507
11,948
20,474
19,536
11,673
8.
•
24,172
22,631
23,182
18,914
8.
33,559
11,408
16,646
...
8.
-
21,374
12,698
11,867
28,834
13,642
14,669
13,822
15,048
16,144
11,979
11,515
12,378
8,903
3,836,564 3,561,300 3,551,655
3,457,554 2,934,051 3,043,205
of total
87-95
82-50
83-90
79-99
This statement shows that the
receipts since Sept. 1 up to
to-night are now 275,264 bales more than
were to the same
day of the month in 1878, and 291,909they
bales more thaa
were to the same
day of the month in 1877. We add to the they
last
table the
percentages of total port receipts which had been
received Feb. 28 in each of the
years named.
Ellison & Co/s Cotton Report
for
receipt of Mesers. Ellison
mud make the
following
January.—We
& Co/s cotton
report
extracts from it.
COURSE OF THE LIVERPOOL
The market
are
in
dated February 10,
MARKET, JAN. 1
Surats,' as explained
TO FEB.
10.
in
of error discovered in
the stock
report of twelve months
oar
the total
dellveries.419,030,280lbs.
The average late of
;
‘
309,600,000
average rate was 44,000 bales per
week,
OOOlbs. for the eighte-n
lbs.
Last year the
or a total of
317,800,weeks.
On the basis of the
foregoing ca^ulations, the movements have
been as follows this season
compared with l*st. The stock on hand
on 1st October is
the
surplus shown
/
in our Autumn
Annual:
Great Britain
Continent.
1878-9.
1877-8.
1878-9.
1877-8.
lbs.
lbs.
,
Surplus st’ek, Oct. 1. 13,800,000
to
Deliveries
13,800,000
lbs.
lbs.
Surplus, Jan. 31. 40,324,940
15,230,280 71,131,580
Surplus bales of 400
2,012,860
lbs..
100,000
38,000
177,000
5,000
The surplus stock held
by spinners is therefore 234,000
of 403
bales,
lb3.,larger than at this time last year. These
234,090 bales
are
equal to 212,000 bales of 440 lbs.
Against this excess in the
stocks at the mills and
interior depots there is a deficit of
bales in the visible
263,009
supply—miking
a net deficit of 51,000 bales
at the end of
January.
Reports as to the present rate of
consumption are very contra¬
dictory; but we think that it is-about
57,000 bales of 400 lbs. in
this
country and about 46/00 on the
Continent; or nearly
52,000 bales and 42,000 bales
the whole of last season the respectively, of 440 lbs. each.
For
average weekly rate of consumption
in bales of 400 lbs. was
57,300 bales in Great Britain, and
bales on the Continent.
47,600
THE COURSE OF THE
.
Dee. 31.
Jan.
41
-•
41
.
5*32
6.. 5?i6
9.. 5*4
18..5716
27.. 5&32
31.. 53s
Feb. 5
44
10
Jau.
Feb.
Feb.
Mai-.
5932
57ie
5732
5716
50,2
55ig
571G
514
5Jie
Mar.
April.
53a
5932
5*2
bU16
April.
May.
5i332
5i732
5H32
5i732
May.
June.
5h2
59ie
530
59ie
5716
June.
J uiy.
59,6
52I30
57,6“
5fs
July.
Aug.
....
....
....
5H,c
51132
538
517-0
5t&32
5716
57i6
5*2
59J6
538'“
5932
5*16
51132
57,6
51632
59,6
57l6
57ig
51532
51*32 5916
5-932
These prices show a net
advance sinc9 December
31, of £3. to
£-'d2d. for the near, and l-32d. to
l-16d. for the distant,
In cotton on the
s^ot the changes c mprise an advance positions.
of 1-161.
io ^d. in
American, partially £d. in Brazils, £d. in brown and
in white
f J.
Egyptian, and £1. to 3-16d. in Surats.
On the 27th
44
53^8
5932
57ig
of
538
January,
1879 80 crop was sold at November-December shipment of the
5fd. During the past week severai
transactions have taken
place in Surats to arrive. The latest
sales are as follow:
Oomrawuttee,
Good, F.G.F.C., Januarv-Feb
Cape. 5d ; April May, Cape,
fid.; Dhollerah, Good, F.G.F.C.,
April-May,
Suez, 5d.
MOVEMENTS
roary, Suez, 5d.;
*
February-Marcb,
DURING TIIB
SEASON, 0CT03ER 1 TO JANUARY 31.
The deliveries to
English
and Continental consumers
tbs first four months of the
during
sea-on ba\ e been as
with the figures for the
follows, compared
corresponding months of last season:
.
Great Britain.
1878-9.
1877-8.
any one will take the trouble to look at
his latest circu¬
lars from Calcutta,
Madras, &c., he will find that,
compared
with last year,
the shipments from all India
ports other than
Bombay (except Kurracliee, which gives
nothing for either date),
month
were a
ago much in excess of the same
period of
both to the Continent and
to Great Britain.
This
therefore, from
the other ports
will, we
apparent discrepancy.
Receipts for March
1878,
movement,
think,
account for the
and
April.—That our readers
may
have before them last
year’s figures of port r
ceipts
to
compare
with the present season’s
movement, we carry forward
to-day,
two months further
(so as to include March and
April, 1878), our
weekly receipts at each port in 1877-78. For the
pur¬
pose of keeping the
monthly totals separate, it will be seen that
we
continue, as heretofore, to divide the week where
table of
is in
one
month
instance, the
under
part in the
last week of
February
the week is
and
now
we
part of it
following
February ended
gave six
under March ;
week the two must be
added.
month.
As
for
with March 1; hence,
days and the remaining day of
and to obtain the total for that
So, also, the last week of March is
Continent.
1878-9.
Mumhcr of hales.
incomplete
(there
1877-8.
being only 2 days of it in March), the week
907,070
996,830
Aver, weight..lbs.
806,870
745,130 closing on the 5th
44 2
416
Total
434
day of April; the other 3 days are, therefore,,
422
weight..lbs.400,924,940 414,685,280 350,181,580
To last year’s
deliveries to English spinners must314,444,860 given in April; then, again, for the same reason, the last week
be added of
April is also 3 days short, those days
appearing in May.
J*.
%
*
,
*
s
30,550.000
5,368,000
31.400,924,940 419,030,280 350,181,580
314,444,860
.......414,724,910
18 wks. 374,400,000 432,830,280 380,731,580 319,812,860
417,600,000 309,600,000 317,800,000
Jan.
Supply
Cons’pt’n in
/
MANCHESTER MARKET, JAN. 1 TO
opened firmly after the
FEB. 10.
holidays. The small
Quietness lias been the
American receipts and the end of
the strike at Oldbam
ruling
feature
of
the
market
caused the period under
buyers to operate freely up to the 6th
review, and except during a few throughout
ult,, and l*d to an advance third week of
days in the
of 1 16d. on the
January, in the course of which some
spot and £d. in futures; but there
were made
sales
was no
response from Manchester, and the advance
chiefly for the East, only a retail business fair
was lost between
has been
the going on.
6th and 9th. The fall
The
sales, however, have not
again bro ught in buyers and the decline
was recovered between
thing, short of the rate of production. fallen much, if any¬
the 9th and
Prices, after sundry
18th, owing to continued small fluctuations, close
small American
about the same as at the
receipts, an easier money market,
openi g of the
Eastern exchanges and more
year.
improved
firmness in Manchester.
advance checked business,
Again the
PROSPECTS.
especially as the American receipts
We have
began to increase, and between
nothing
to add under this head to the remarks con
the 18th and 2nh
back almost to the
prices fed tained in our annual report issued last
point touched on the 9th. Ther* was
month.
Trade appears to
be
a slight
improving slowly, bat there are no signs of
recovery during the closing days of
January,
but
this
was
lost in
aDy immediate
revival of importance.
the course of the first five:
Meanwhile the stock of cotton in Liver¬
days of February, owin r to the influ¬ pool
ence of continued
promises
to show a chronic
deficit
heavy rec-ipts. On the 6th inst.
last) there was an improved trade demand
(Thursday compared with previous years. This throughout the season,
may not influence prices
occasioned by a much, if business in
slightly-increased business in Manchester, and thence
Manchester continues slow
to
; but it L worth
the
attention of those
Saturday
morning prices advanced |d. on the spot and
spinners and manufacturers who are
5
|d.
to
32d.
for
inclined
to sell forward widiout
futures. The market closed
barely steady on Saturday, but is
covering.
firm again to day at an advance
India
of 1-161. on the
Afloat.—Wre have had our attention
spot,
and
full
called to our
prices for futures. Part of the
India afloat figures in visible
hardening
tendency
is
due
the
to
the
supply,
writer
temporary scarcity caused by the “strike” of the
thinking them
laborers at the too large, as the shipments from
docks which has almost
stopped the delivery of cot on from the
Bombay
have
been much lees
this year than last
large number of recently-arrived steamers and
year.
Those figures are sent to us
The
mailing
vessels.
by cable,
so that we cannot
are the principal fluctuations in
following
them
verify
until the receipt of mail
futures since
the opening of the
advices.
year:
But if
Jan.
of
ago—making
consumption in Great Britain during the
past five weeks-has
probably
not been less than 55,000
to 57,000
bales of 4001bs.
per week. Duriog the
previous thirteen weeks it
was about
50,000 bales per week,
a little, more.
The
average for the whole eighteen possibly
weeks would,
about 52,000 bales of
4001bs. per week, or a to al of therefore, be
936,000 bales
weighing 374,400,0001b?. During the
last reason the
corresponding period of
consumption averaged 58,000 bales
per week, or
417,600,OOOlbs. for the eighteen
weeks.
On the Conti ent the
consumption during the five weeks
averaged about 45,000 bales
per week., For the first thirteen
weeks of the season we
the average as 41,000
gave
bales ; but from what we
can
learn, it is
probable that 42,000 bales would have
been more correct.
would give about- 43.000
This
as the
average for the whole eighteen
weeks—equal 774,030 bales or
‘
Percentage
8195
4,345,0001bs.—proportion
8.
15,563
pt. rec’pts Feb. 29.
[Vol. XXVlIt
March 1,
187$.]
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for
1878.—Messrs..
last circular
cotton
00
give their
Wallace &
usual annual
statements for that port. The
receipts for the year and for
the previous four
years have been as follows ;
Receipts at Bombay.,
From 1st January to
In
bales of 3*2 cwts.
1878.
Oomrawuttee distr’ts.564,729
Hingenghat
1877.
31st December.
1876.
461,154
1875.
402,529
1874.
111,820
75,663
377,673
175,052
416,106
137,722
Madras and Bengal
districts
136,409
Persia districts
13,448
Kurrachee districts.. 6,371
507,518
531,352
22,753
37,217
457,862 >
167,626 5 610,640
37,297
14,533
133,473
141,039
do
do
do
Lhollerah
Broach
Dharwar,
28,003
30,589
15,326
7,803
9,034
1878By steamers
By ships.
1877—
China &
Calcutta
bales
Continent. S’gapore. & Madras. Total
of 3*2 ewt.
320,984
405,500
14,882
30,321
283,278
23,219
22,276
3,870
255,389
18.76—
133,616
167,181
389,005
450,459
331,148
224,394
280,554
148,094
23,219
18,259
266
26,146
6,103
6,314
613,967
157,720
771,687
584,162
304,667
..
888,829
working into their stocks, of
supplies at
the
end
resorted
to
for
little more than a month.
They
add that if the local
were'placed at 10,000 bales less than it consumption of 1878
was in 1877, that would
be aih outside
figure of the deficiency.. Several of
thq local mills
are at
present'in difficulties, but
have not yet
stopped working
although daily expected to do so.
Total.
nent.
31,000
54,000
39,000
93,000
69,000
Since
Jan. 1.
70,000 25,000
152,000 39,000
152,000 45,000
83,000
1878.
last, and the inquiry,
have subsided at the moment.
seems to
rather quiet,
There have
even for small
Cotton from New York this
week show
of
decrease,
a
compared with last week, the total
reaching
.2,034
bales, against 4,779 bales last week. Below
we
as
give our usual
exports of cotton from New
York, and their
each of the last four
weeks; also the total exporta
and direction since
Sept. 1,
for the same oeriod of the 1378, and in the last column the total
previous year.
table
showing the
direction, for
Bxport*
of
Cntton^balotii from New York
«lnce Neot.1,
1878
SXPOBTED TO
Total
Feb.
Liverpool
Other British Ports
Feb.
12.
Feb.
5.
Feb.
19.
26.
6,261
5,6 IT
4,160
1,234
....
60
....
0,231
Savre
Other French ports
5,t47
to
date.
....
4,2 ;o
180
1,281
159
—
Total French
180
Bremen and Hanover......
SOD
Hamburg
•
Other ports
Total to N.
Total
Europe.
159
dOO
•
..
400
250
5C0
•
.
....
200
....
300
.
....
400
....
750
....
:
Same
period
prev’us
year.
115,449
4,312
194,626
179,757
196,211
10,220
’100
4,136
10,320
4,251
12,3 8
2,202
12,724
633
10,132
15,185
26,879
1,585
115
4,021
3,660
....
t
Spain, dec
....
Grand Total
'l'lie
*
..
ipain,Oporto&Gibraltar&c
All
....
6.661
following
....
5,947
3,660
....
4,779
2/34
• •
208,022
•
»
227.341
are the
receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the past
week, and since September
1, 1878:
RECE’TS
NEW YOBK.
BOSTON.
FROM
of
1877;
whereas now few of the mills hold
more than two or three
days’
supplies, having of late been
pursuing quite a hand-to-mouth
Polity. The resolution adopted by the
Mill-owners’ Association
was not carried
out in
anything like its entirety, short-time
been
further
Receipts.
This
Week.
Bags, Bagging,
others.
636,064
379,068
555,542
428,648
18,525
12,417
1,015,132
It would
appear from a comparison of the
foregoing receipts
and
exports as if the local
consumption had been upwards of
50,000 bales less in 1878 than in
1877; but Messrs. Wallace & Co.
state that this
difference is to a
large extent attributable to the
fact that local
spinners have been
which they held considerable
1.
Conti¬
...
30,134
187
.
nent.
Total to Gt. Britain
14,882
Shipments since .Tan.
Great
Total. Britain.
3,285
r
337,809
67,691
35,945
948,377
35,570 1,120,148
1864. 871,923 57,073
928,996
1863. 926,513
48,604
975,117
1862. 932,617
23,453
956,070
1861. 930,039 26,986
957,025
I860. 478,820
17,773
496,593
1859. 596,176 26,143
622,319
to our cable despatch received
bales shipped from
1865.1,084,578
WEEK ENDING
4,512
231,142
89,842
73,362 1,135,013
912,432
Prices are quoted
81@8$c. for If lbs., 9(5;9£c. for 2
lbs., and 9|@9|c. for 2f lbs.
Butts have also been
quiet, the market having been
plied by the heavy arrivals of the
fully sup¬
early part of the month, and
but little
disposition is manifested to take parcels at
which are a shade easier at
ruling
the close, and holders are figures,
sellers at 2£@2fc.,
willing
according to quality and quantity.
The Exports
122,065
10,803
12,409
19,933
Totalfrom all ports..936,442
1,107,101 1,121,993 1,313,719
1,324,497
The exports
during the same period are given in the
following
statement:
Shipments from Great
Bombay to—
Britain.
week
Conti¬
at
&
"o
H
parce’s,
«>
u
1866.
&c.—Bagging is ruling
with an easier
feeling
been but few sales sinceamong holders as to price.
our
00
l>
1868.1,015,859 169,539 1,185,398
1867.1,061,651
corresponding period of
Gunny
id
o
©
Co., of Bombay, in their
m
VH
a
Bombay Cotton Movements
T*
00
CD
1^
00
r>
£
00
907,801
1,133,463
1,019,126
1,121,037
Total
bales.
134,000
242,750
201,000
From the
foregoing it would appear that, compared with last
year, there has been a decrease of
21,000 bales in the week’s
ments from
ship¬
Bombay
to Europe, and that the total movement
since January 1 shows a
decrease in shipments of
82,030 bales,
compared with the
04
CO
00
rH
05
1,241,526
1,236,882
944,873
1879
12,000 12,000
1878 13,000 20,000
33,000
1877 27,000 19,000
46,000
00
g3
450,459
428,648
455,454
394,040
208,598
247,737
334,570
164,530
175,269
Shipments this
QO
CO
m
726,484
839,464
984,190
■
c-
fH
O
Continent
Groat & Channel
Britain, for orders.
Great Britain the
past week and 12,000 bales to the Bombay to
while the receip s at
Continent;
Bombay
bales. Ths movement since during this week have been 25,000
the 1st of
January is as follows.
These figures are
brought down to Thursday. Feb. 27.
©
rf
rH
600
10
1869.-945,768
Bombay
Shipments.—According
to-day, there have been
rH
04
A
O
©
•H
©
in
-Is
389,005
1876.-555,542
1875.-786,072
1874.-842,842
1873.-736,275
1872.-660,064
1871.-798,893
1870..854.596
rH
04
7,865
2,100
9,250
.
Total
bales.
1878.-320,984 405,500
1877..
m
©
o
iq
Great & Channel
Britain, for orders.
04
05
CO
04
1876.
8.904
1,827
650
500
Continent
©
i*
co
1877.
11,041
Revel....
.106,248
..
Amst’d’m
Naples.
Barcelona
Marseilles
01
1878.
Port Said.
the last three
Leghorn
3
17,683 14,161
Dunkirk
300
500
21,369 21,705
15,595
6,395
3,956
14,311 17,184 11,249 Contin’nt.405,500 450,459 428,648
Brem’rh’n 13,445 27,993
19,415 To
726,484 839464 984,190
Bombay exports to Europe are Eur’pe
given as follows for the
last twenty yea:s:
in
-
o
having
1876.
..
'llto
Comtah,
1877.
166,840 149,381
Antwerp..
...102,917105,082 117,732 Odessa...
Venice... 59,711 44,416
Genoa.... 34,193 35,342 49,070 Hamburg
d
£
1878.
European ports for
Brit’n.320,984 389,005 555,542
Havre
Trieste
rH
HI
229
The details of the
exports to
years are as below:
rH
©
t>
rH
d
04
©
CO
Mew Orleans..
Texas
Savannah
Mobile..
This
Since
week.
Sept 1.
8,419
69,872
100,398
118,874
1,297
2,359
•
•
•
•
...
Florida
3’th Carolina
JTth Carolina.
2,998
15,499
81,546
Virginia.......
2,lls
121,234
Tennessee, Ac
Foreign...
5,386
Northern Porte
855
*
-
*
m
.
»
.
*
•
-
5,195
.
120,834
2,52b
PHXULDBLP’IA
Since
This
Septl.
week.
Since
•
•
•
•
314
....
•
•
«
•
•
•
•
This Since
-
....
H
•
...
•
*
•
•
•
•
19,117
•
•
•
1,274
....
•
3,638
....
7
711
•
0
• •
t
37,959
.
•
•
•
351
249
809
•
•
....
;
.
•
.
-
• •
a.
....
16.061
42,770
.'r
1,969 37,404
-
•
....
•
38,967
84,355
3,323 59,944
«
•
.
•
100
-
Sept.l. week. Septl
73
5,485
25,801
BALTIMORE.
•
.
30,611
88
V*
This
week.
w,6«
»t ••
-
Total this year
36,983
670,189
8,265 214,659
2,283 56,594
Total last year.
2,120 118,923
20,592
660,906
5,591 237,004
2.429
l,179’ll5,«d
46,969
230
THE
CHRONICLE.
Shipping News.—The exports of cotton from the United
States the past week, as per latest mail
returns, have reached
139,181- bales. So far as the Southern ports are concerned, these
are
Cotton freights the past week have been
Satur.
the same
exports reported by telegraph, and published in
•The Chronicle, last Friday. With
regard to New York, ve
include the manifests of all vessels cleared
up to Wednesday
night of this week.
do
New York—To Liverpool, per steamers Adriatic.
107.. ..Garoa, 243
City of Richmond, 280
Helvetia, 432 aid 38 bea Island
'•
City
of Chester, 178
To Bremen, per steamer
Donau, 250
To Hamburg, per steamer
Wieland, 500
New Orleans— lo Liverpool, per steamers
Warrior, 2,405
Delos,
4 410
Fbzroy, 4,6)8
Mississippi. 4,221... .per ships Queen of
Australia, 4,800....Eastern Empire, 5,889....City of Montreal, 4,058
....Regent, 5,0*7... Minnie Swift, 4,349....Lady ClarendoD,
4,850
per bark Albert Victor, 2.936
To Havre, per bark Reine des
Anges, 2,337
T« B. emen, per steamer
Nurnberg, 2,690
per bark Galveston,2,333
To Antwerp, per steamer F. W.
Harris, 2,550
do.
do
1,281
do
—
sail
do
*
0
2.550
3,757
3,5'0
1,501
®
....
per
-
-
-
are as
sail...d.
7,161
8,778
3,702
2,959
barks Ingle-
Market,
12:30
p.m.
1,332
1,166
Market,
®...
^
®
--..®58
®...
....®58
®...
.
®..
J
®...
5
P. M.
mt
5*8
5*2
\
J
44,000
39,000
9,000
411,000
292,000
6,000
35,000
4,000
2,000
458,000
335,000
89,000
77,000
6,000
95,000
346,000
299,000
82,000
4,000
379,000
327,000
Feb. 28.
48,000
8,000
32,000
4,000
38,000
4,000
3,000
2,000
503,000
379,000
92,000
85,000
6,000
516,000
390,000
64,000
54,000
2,000
357,000
387,000
303,000
ness
Easier, but
pr’cs
5*8
5*3
—
6,000
500
Unch’ng’J
Quiet.
uot quota-
5*8
5*2
bly lower.
5*8
5*2
—
8,000
1,000
336,000
7,000
1,000
Friday.
Fair
Dull.
busi-
ness at
vious
5*8
5*2
pre-
pr’cs
5*8
5*2
Unch’ng’d Unch’ug’d
7,000
1,000
\(
Steady.
In
Weak.
Unch’ng ’ch
7,000
5LO
buyers’ Quiet
favor.
l
Delivery.
Feb
8,000'
1,000
but Dull but
etea !y.
steady.
Weak.
Saturday.
d.
51*32
Feb.-Mar
5*8
5*8®! *32
Mar.-Apr
10,375
Delivery.
Apr.-May
June;-July...,
5*2
Delivei'y.
51*32 July-Aug
51*32 Apr.-May
51*32 May-June
57l6
July-Aug
Mar.-April
Apr. May
May-June
5^
5i?32
June-July
Delivery.
d.
5»16
511*32:
Aug.-Sept
Monday.
Delivery.
Feb
Feb.-Mar
d.-
’....5i332 July-Aug:
May-June ...571B®1532
4,249
Total....91,973 2,250 1«,205 17,064 4,450 4,100 5,435 1,701
1,001 139,181
Below we give all news received to date of
disasters to vessels
carrying cotton from United States ports, etc.:
Andean, steamer (Br.), Miller, at Liverpool, Feb.
19, from New O.leans, lost
boat* and sustained other
damage.
Antonio. 6teamer (Br.), for
Liverpool, which stove her bows and returned to
Philadelphia Feb. 18 for repair*, resumed her voyage on the 23d.
City of Chester, steamer (Br.), before
reported, was at her wharf, Ifew York,
Feb. 25. having received new rudder
Feb. 21.
The actual sales of futures at
Liverpool, for the same week, are given
below. These sales are ou the basis of
Uplands, Low Middling clause,,
unless otherwise stated.
15,139
2,250
1,332
1,166
Feb. 14.
Futures.
Market,
.
Philadelphia. 1,166
..
48,000
4,000
39,000
3,000
2,000
busiatpre
vious
Spec. & exp.
Ams’dam
Bremen &
Ginoa
Liver¬ or Ply&
Ant- Sebas- Barce- and
Vera
m’th.
Havre.
pool.
H’b’g. werp. topol. Iona. Trieste.Craz. Total.
New York... 1,281
7'0
2,034
New Orrns..47,651
2,337 5,023 4,450
503 1,001 59,068
Mobile
3 550
3,757
1,500
8,807
Charleston,. 7,100
1,616
3,455 1,2C0
15.271
Savannah..'. 7,161
7,449
480
4,100
19,190
883
Firm.
Sales
Cork,
Norfolk
10,375
Baltimore.... 3,366
Boston
1,232
\
$
Fair
Mid. Upl’ds
Mid. OiTns.
Falm’th.
2,250
..
Saturd’y. Monday. Tuesday. Wedn’sdy Thursd’y
Sp>ot.
10,375
follows:
Wilmington
....®
futures, each day of
daily closing prices of spot cotton, have been aa
2,250
883
2,959
bales.
follows:
bark
5 P. M.
3,702
....®*2
....®58
The tone of the Liverpool market for
spots and
the past week, and the
....139,181
8,778
*2
Ss
®...
....
particulars of these shipments, arranged in our^isuai for
jo,
Texas
.
Compressed.
Of which exporters took
Of which speculators took..
Total stock
Of which American
Total import of the week
Of which American
Actual export
Amount afloat
Of which American
480
Hooper, (in addition)
1,061
Mary Louisa, 100
;
Philadelphia—To Liverpoo1, per steamer British
Empire, 1,166
The
...®®8* ....®5g*
....®12 ....® *2
®716 ....®716 ....®716 ....®716 -.-■®716.
■
Forwarded
Sales American
3,3-6
Total
....
Feb. 7.
470....per
Polynesian, 1,450 ...Sardinian,
1.916
To Bremen, per steamer
Ohio, 883
Boston—To Liverpool, per steamers Atlas, 171
®*58 ....®
....®12 ....®12
@...
d.
Sales of tlie week
7,449
4,109
..
Sireno, 2,250
Norfolk—'To Liverpool, per steamer
Emiliano, 5,205
side, 1,530
George, 3,530
Baltimore—To Liverpool, per steamers
..® *4
.
...-
Marion, 4,199 Upland....per bark Avonport,
per
®14
Fri.
Liverpool, Feb. 28—3:30 P. M.—By Cable from Liver¬
pool.—Estimated sales of the day were 8,000
bales, of which
1,000 bales were for export and speculation.
Of to-day’s sales*
6,950 bales wrere American. The weekly movement
is given as
follows:
...
orders,
®
....®
c.
....
To Sebastoi'ol, per steamer
Timsah, 4.100 Upland
To Barcelona, per brig Trium'o, 480
Upland
Texas—To Liverpool, p r steamers
Coquet. 2,970
Pedro,
ship Julia, 3,844
.per bark Windermere. 1.494
To Havre, per barks Ch.
Kuudsen, 2,015
Austin, 1,687
To Bremen, per barks
Tuncred, 1,589
Ploen, 1,370
Wilmington—To Cork or Falmouth or Plymouth, for
....
Tliurs.
'
Winnr.a, 2,100 Upland.. ..Amigos, 300 Upland and 44 Sea Island
James Kenway, 1,595 Upland and 60 Sea Island
7,100
To Havre, per bark
Colombo, 1,544 Upland and 72 Sea Island
1,618
To Amsterdam, per bark
Glenola, 1,990 Upland
1,900
To Barcelona, per bark Joven Narcissa,
1,450 Upland
per brigs
Nellie Crosby, 1,650 Upland— Nueva
Carlota, 355 Upland.
3,155
To Genoa, per bara Abraham
Skalle, 1,200 Upland
1,200
Savannah—To Liverpool, per ships Freedom, 3,145
Upland
Ardmore,
4,0 i 6 Upland
To Bremen, per ship
3,250 Upland
....®4
Wednes.
*12®9l6 *22®9i6 *12®916 *12®9i6 *L>®916
1532® ^ i532® *2 1532'®)12 1532'3>12 1532®,32
*916®’58 *916® 5g *9l6®5g *916'®58 *916'®58
>*
c.
..
J4
....®12
...r.
Baltic, steam
1,001
Upland
sail
do
....
c.
Amst’d’m, steam
393
200
2,500
.e.
sail
Tues.
follows:
as
316®732 316®732 316®732 316'S>732 316®>73t
c.
Hamburg, steam, c.
250
500
..
To Genoa, per bark
Anmi-flgh, 303
To Trieste, per bark
Giuseppe, 509
To Vera Cruz, per steamer
City of Mexico, 1,C01
Mobile—To Liverpool, per ship Friga, 3,76?
To Havre, per nark Prince
Arthur, 3,550
To Barcelona, per bark Edward
Cushing, 1,500
Charleston—To Liverpool, per barks
Eleanor,
sail
Bremen, steam,
...
47,654
2,337
5,023
®
sail., d.
Havre, steam—e.
Total bale*.
•
Mon.
Liverpool, steam d.
r
-
[Vol. XXVIII.
Feb
Feb.-Mar
Delivery.
51932 Mar.-Apr
5i*32 June-July
5ib32 Aug.-Sept
59l6
July-Aug
5*8
Shipment.
...5*8
Jan-Feb.,
n.
5%
5*2
5183251732
cp.,si. 513*2
Tuesday.
Delivery.
Feb
5*8
Mar.-Apr
5*8
Apr.-May
Delivery.
May-June
Juue-July
57l6
5*2
Jan.,
sail
Shipment.
new.
crop.,
.51*35
51*32 July-Aug
post and rudder.
51732
Wilmington, N. C., for Baltimore, before reported
Wednesday.
ai-hore on Nigger Head,
Chesapeake Bay; came off without injury, after
Delivery.
Delivery.
Delivery.
discharging a part of her can>o, and arrived at Baltimore Feb.
May-June
5716
17.
July-Aug
51732 April-May.... ....51*32
Federico, steamer (Span.;, Aberastury, at Liverpool Feb.
Feb
...5*8
21, from Balti¬
more, lost tix boats and two deckhouses.
Gulf Stream, steamer, Ingram, from Charleston
Thursday.
Feb. 5 for New York, was
Delivery.
fallen in with Ueb. 20 with rudder
Delivery.
Delivery.
disabled, by steamer Falcon, Kirby, Feb
5*8
frem Chaileston for
Mar.-Apr
5*8
April-May
Baltimoie,
which vessel towed her clear of Look¬ May-June
...51*33
Feb
out Shoals.
5716
51*32'®' *8 Juue-July
Cap'ain Ingram thought, it prudent to proceed
513.
without
July-Aug
further assistance, 'i he Gulf Stieam
Feb.-Mar
51732
...5*8
arrived at New York Feb. 23.
Maby Boyd.—Mobile, Feb. 17.—The steamer
Friday.
Mary
sunk in the
Bigbee River, had 609 bales of cotton on board.Boyd, which
Delivery.
Delivery.
Shipments.
Feb
Obkron, steamer (Br.), from New Orleans for
51*32® *8® 1*32 Apr.-May
53s
Jan., new crop,
towed up the river at Queenstown Feb. Liverpool, before reported, was
Feb.-Mar
5*8
7, to a dock yard.
May-June
sail
51*32
Stella Block.—New Orleans,
51*33
April-May
Feb. 23.—The steamer Corona
51*32 June-July
5^32 Jan.,n. crop, sail.513321
brings news of May-June
the burning of the steamer 8telia
5716
Block, at
Aug.-Sept
5916 Feb.-Mar., n. crop,
La., on Saturday
morning. She had just arrived there with Trinity,
.lo.
Mar.-Apr..,
250 bales of cotton from
5H32
sail
511^
Upper Tensas. She was owned by Sam Block, of
Trinity, and was
insured. The boat and cargo were valued at
$20,100.
Wingates, steamer (Br.), at Liverpool Feb. 7, from
Philadelphia, in a gale
Jan. 28, in lat. 44 N., Ion. 46
W., sustained damaged to bulwarks,
and lower bridges, and other
upper
Friday, P. M., February 28, lSIK
parts of vessel.
Ima. 6bip (Fr.), Escolibet, from New Orleans
The flour market has been much less active for
for Havre, before
the past week,,
reported at
St. Michaels in
distress, remained in quarantine Feb 1. The
and towards the close concessions - were
Board of
Health seem to refuse to allow the
necessary in order to
cargo to be landed, and if the vessel
cannot proceed without
effect sales.
Production has been large, both here and at the
discharging, ber carsro will
transshipped. The master reports that the vessel under have to be
sail makes 15
inches of water per hour.
D. J. Foley, ste uner, from
-
•
BREADSTUFFS.
Aiairia, bark (Br.), Robinson, from Savannah Jan. 6 for
Amsterdam, which
went ashore near Egmont Feb.
10, got off and arrived at destination on
the 22d.
Cecil Aug?r, hark (Fr.), Croix, from
Charleston, which arrived at Havre Feb.
6, reports: Jan. 16th lat. 48 N., Ion.
49
W.,
hold, carried away bulwarks, &c.; 17th, shipped a sea which filled the
during a gale and heavy sea, the
was filled ieveral time*.
Fobest City, bark, from Savannah for
distress and subsequently arrived Havre, which put into Falmouth in
at Havre, had Wieel
smashed, after
part cabin house stove in and cabin filled with
water oa Jan. 20 in lat
35 N., Ion 66 W.
Grant, brig (488 tons, Aust.),
Cattarinich, loading cotton and rosin at New
Orleans for Genoa, took fire
morning of Feb. 20. She had on beard 450
bales of
hold
*
cotton, most of which was saved
; 500 barrels of cotton seed oil
»nd 200 do rosin; vessel
partially burned. She was valued at
and insured in Austria,
$8,000,
*
*
„
West, but there is much confidence
holders in the future
pressed on the market, and
cheaper figures will only be accepted for small and irregular par¬
cels, which receivers do not wish to send to store. Receipts at
this market have been large in the
past week, much stock that
was detained by storms
having come forward.
To-day, the
market was
of
values,
so
that stocks
are
among
not
dull.
The wheat market has been
fairly active, but at irregnlar
prices. No. 2 red winter has been most in demand, and has sold
largely at $1 13@1 13i, spot and March ; $1 14£@1 14f for April,,
and $1 15 for May ; but white has ruled
dull, and declined to
$1 11@1 131 for No. 1 and extra; and No. 1 white sold yesterday
at $1 11$®! 12 for
March, and $1 13@1 131 for April; amber
March 1,
1879.]
THE CHRONICLE.
winter declined to
$1 12£ for March, $113£ for April and
14
for May.
SpriDg growths had a slow sale, and values $1
were
gotnewliat unsettled.
Receipts at Western markets continue
smaller than last ye&r.
T© day, the whole market was
stronger,
and No. 1 white advanced to
$1 m.
Indian corn has met with a
good demand, and the lower
grades
have advanced, No. 3 mixed
231
The visible
supply of
the principal
grain, comprising the stocks in granary
points of accumulation at lake and seaboard
ports, and in transit by rail and afloat in New
York and Chicago,
Feb. 23, 1879, was as follows:
at
In Store
New York
Wheat,
at—'
selling yesterday at 44j@44£c.;
steamer do.,
Albany
45@45£c.; new No. 2, 46@4*-'£c., spot and
March; Buffalo
47@47£c. for April, and 47f@48c. for May ; old No.
2, 47c., spot Chicago
and March.
The
advance in low grades has taken
place in the
face of free receipts at
all points. White
3c. dearer.
Supplies of new Southern
To
day, there
May.
essential
was no
corn
is scarce, and
:No. 2
Gu
$ bbl. $2 50® 3 25
ern
Extra State, &c
‘Western spring
extras
3 30 1 3 75
3 85® 4 0©
wheat
.*
3
do XX and XXX
do wiuter
4
shipping
tras
80® 4 10
25® 6 00
White
4
4
5
3
do
XX and XXX..
Minnesota patents
'City shipping
extras
Southern bakers1 and fa¬
mily brands
Southern shipp’g extras.
Rye hour, superfine
Corn meal—Western,&c.
Corn meal—Br wine. &c.
00®
50®
75#
87®
4
do
do
4 40
6 Oil
N
mixed
white..
Rye—Western
44®
47
TJ* O *
48®
46?£
85® 6 25
Barley—Canada West...,
Stare, 4 rowed
State, 2 rowed
2 20® 2 50
2 75® 2 80
Peas—Canada bond&free
Receipts
Floar,
bbis.
Milwaukee.
•
.
•
•
Toledo
Detroit
Cleveland
St. Louis
Peoria
Dulutn
Tot.Jan. 1
Feb. 22.
‘Same time 1878..,
cSanie time 1877..
to
•
.
•
,
.
•
i.
690.545
14.915
80®
85
67®
72®
72
90
14,000
130,103
2,530
165,60)
256,610
6,200
139,100
81,765
10'\598
62,6?J
1,083,383
888,062
9,694,123 10,728,170
868,784
9,121,468
..
,
...
24,650
4,769
bush.
The
1,368,347
830,480
1,637,462
7,457,392
8,202,290
8,968,429
50,795,565
42,547,008
47,852,191
12,500
17,620
5,400
87,826
136,9«7
44,828
49,482
125,962
136,973
1,115,688
: 1,447,264
Flour,
373.447
1 1,415,098
211,370
8.157.464 1,421,340
1 7,936,124 2.418,234
: 7,484,716 2,150,931
28,283,564 16,783,087 i 5,945,583 1,472,753
Jan. 1 to Feb. 22.
....
Sam^ time 1873..
....
Same timi 1877.
Same time IS76..,
.
Rail
ports.
....
....
shipments
Week
ending—
Feb
Feb.
Feb.
Feb.
22,
23,
24,
26,
Wheat,
bbis.
92X217
bush.
3.723.535
811,002
593,599
7,701,155
1,185,578
805.089
.
,
.
Corn,
Oats,
bush.
5,100,833
4.228,039
5,583.960
1,786,497
bush.
737,980
1,510,233
730 424
1,100.614
504,684
511,540
1,397,072
\
Wheat,
bush.
141,79.9
bush.
553,822
758,713
bush.
850,383
190,87?
224,811
143,133
205,618
133,352
Corn,
Oats,
584,579
675,136
723.682
Barley,
'
bush.
75.952
75.0'3
bush
2\5,014
175,652
12H,104
126,237
Rye,
bush.
17,958.
24,157
14 052
50,627
60,402
20.750
Receipts of flour and grain at seaboard ports for the week
ending Feb. 22; 187J, and from Jan. 1 to Feb. 22.'
85,151
313,239
-
Flour,
At—
Portland
Montreal.
Wheat,
bbis.
93,7J5
40,109
New York
Boston
bu-h.
827,550
90,810
44,000
2.0 JO
..
S,773
„
Philadelphia
s
15,310
Baltimore
New Orleans
19,383
16,706
Total
201,5 l
Previous week
25 t,432
Corresphig week,’78. 166,902
Tot. Jan. 1 to Feb.22. 1,382.5 7
Same time 1878
1.273,293
Same time 1877
1,0 .'5,901
Same time la76
1,413,653
....
Q
o
®
111,810
Corn,
bush.
632,128
173,961
44,250
261,500
1,8 0
'960
457,000
From—
New York
Boston
bb!s.
........
Portland
"...
Montreal
Philadelphia
Baltimore
Totii for week
70,163
39,i)45
39,645
1,525
1,625
1,450
35,000
bu*h.
31,510
10,115
1,200
7, COO
Rye,
bush.
18,150
40J
15,010
2,500
771.500
59,193
36,600
289,662
27,564
1,419,858
1,728.006
2,414,5*0
319,325
2.503,975
1,514,902
355,756
50,625
75,942
233,500
186,729
3 ,098
761,719
1,852,101 : 1,127.136
269.507
1,343,631
10,241,705 12,231.427
10,335,051 13,683,425
1,191,995 9,664.379
2,591,877 11,316,139
Yv
neat,
bush.
745,229
89,057
41,000
89*i?9
....
'
2,118,136
1.95L439
624.337
2,033,551 1,130,406
36,950
51,206
168,470
173,472
45,078
ports and from Montreal
Corn,
bush.
953,182
202,493
....
Oats,
428,819
641,293
111,807
1,396,314
1,995,919
198,951*
Rye,
142,536
80.552
61,453
10,826
2,2 0
575 000
...
128.707
20,733
..
.
3,717
...
35,000
64,173
72,956
259
12.2 0
14,023
129.475
351
118,252
22,986
85,112
869
312,691
84,846
65,066
10,233
4,874
5,323
51,180
364
2,425
416,175
392,934
9-9,118
850,383
75,000
622317
5,051
...
190,877
50,090
.
75,952
275,000
17,958
40,000
2,162,019 4,107,046
2,346,954 4.301,391
10,613,838 2,345,967 4.541,2 3
10,538,247 2,373.887 4,764,810
10,539.164 2,480,273 5,030,113
9,866,255 2,516,455 5,061.270
9,236,186 2,641.330 5,041,315
5,527,311 2,913,793 3,415,214
1.213,581
1,353,361
25,685
12,596,689
11,509,546
1,321,311
1,401.873
1,449,542
1,475,260
1,640,080
663,511
Peas,
of
Friday, P. M., February 23, 1879.
the
was
ment
was
which
was
but the
developed in the jobbing trade
reflected
in
severity of the
of the Southwest,
increase of orders from that
section;
weather has checked business in most
an
parts of the West and Northwest, and the demand
by
jobbers was chiefly of a hand-to-mouth character.
Domestic Cotton Goods.—The
exports of cotton
near-by
goods from
this port
during the week ending February 26 were 923
packages,
including 350 to Great Britain, 266 to United States of
Colombia,
153 to Brazil, 69 to
Hayti, and the remainder, in smaller lots, to
other markets.
There was a steady demand for
staple cotton
goods during the week, and prices were
firmly maintained on all
leading makes. Brown sheetings were in good request, and
liberal deliveries were made
by agents on account of former
orders.
Bleached shirtings and wide
sheetings were also dis.
an
important aggregate amount, and there
was a
fair
inquiry for moderate parcels of colored cottons. Cheviots were
freely taken by the Western trade, but the demand for cottonadea
was somewhat
irregular. Grain bags were more active, and firm.
White goods and quilts continued in
good demand. Print cloths
ruled
quiet at about the previous week’s prices, and (.ffVra for
large lots of 64x64s at 3£c., cash, were declined by manufacturers.
The print market remained
quiet, and ginghams were less active,
but cotton dress
goods met with considerable sales.
Woolen Goods.—There lias been
very little
improvement iu the demand for men’s wear woolens
by the
clothing trade, and operations on the part of cloth jobbers were
mainly confined to small lots of fine fancy cassimeres, cheviots
Domestic
and
worsted
coatings.
Agents have almost completed their
light-weight clothing woolens on account of back
orders, and manufacturers are now busily engaged iu
making
deliveries of
preparations for the next fall trade. Tweeds and cashmerettes
have become quiet, and there was less animation
than expected
in
Kentucky j^ans and satinets. Staple and fancy worsted dress
goods were fairly active, and alpacas (plain and figured),
poplins,
cashmeres, de beges, &e., were distributed by agents to a liberal
aggregate amount.
attention from
Worsted and Shetland shawls received
intending buyers, but'the
their movement.
weather
was
some
adverse to
-
Foreign Dry Goods.—There
only a moderate demand
imported
first
goods
at
hands,
and
9,571
jobbers’sales were light
and unimportant. Low and medium
grade
black and colored
32,800
silks and low-priced fancy silks were more
freely taken, but the
9,550
finer qualities ruled quiet. Dress
goods were lightly dealt in, and
1,959
the demand for linen goods, men’s-wear woolens
and handker¬
4,697
105,818
42,371 chiefs was devoid of spirit.
Fancy white goods continued in fair
24,359
36 278
189,158
request, and there was a considerable movement in
2,885
80,892
37,269
embroideries: and laces. Millinery goods and ribbonsHamburg
5,803
were a
77,581
8.271
wheat, 118,849 bush, corn, trifle more active in private hands, and several small
offerings
were made (with indifferent
success) through the auction rooms.
hush.
bush.
2,738
96,268
....
....
*
2,204
13,155
13,165
Previous week
10
101,017
i,017 1,102,757 1,815.059
Two weeks ago
135,268 1,551,496 1,599,340
Same time in 1878...
84,985 1,443,138 1,454,097
Prom New Orleans, 1,240 bbis.
flour, 47,974 bush,
aad 21,390 bush.
rye.
500
Barley,
28 >,500
Exports from United States seaboard
for week ending Feb.
22, 1879.
Flour,
Oats,
bush.
condition
tributed to
Rye.
from Western lake and river
Flour,
107,794
35,044
and river
Bar’ey,
bush.
4,719,123
2,282,463
of flour and grain
bbis.
1S79
1878.
1877
1376
35,319
36,841
464,997
391,417
11,014.866
Shipments of flour and grain from Western lake
ports from Jan. 1 to Feb. 22.
...
482,255
importers, the j ibbing
generally quiet. There has been a fair movement ia
the most staple
goods from first hands, but the weather was
unfavorable for the distribution of
spring fabrics, aDd transac¬
tions were consequently
light in the aggregate. Some improve¬
450
12,501
276,706
271,621
304,150
407,775
2,629,137
2.770,655
1,961,725
2,499,677
19,490,117
15,182,212
13,005,912
1,547,9^7
18,595,4;3
8,595,422
189,993
1,266
25,333
324,465
76,500
moderate with manufacturers’
agents and
16,589
9,383
'450
1,220
20,440 452
.20.319,326
19,254,560
423,995
dry goods market was essentially
unchanged during the past week, and while business continued
bush.
—
1,015,527
298,011
6,150
80,041
31,650
....20,604,146
761,010
THE DRY GO JDS TRADE.
Rye,
(56 lbs.)
....
114,352
118,021
841,061
Barley,
(48 lbs.)
28,342
7,143
3,5 >9
20.736.750
.....
8. 1879
trade
bush.
(32 lbs.)
146,888
86,683
12,839
18.009
639,251 2,669,689
‘Same time 1876...
763,026 5,587,838
’Tot Aug.l to Feb. 22. 3.712,418
65,782,992
'Same time 1878-3
.3,641,123.1 52,606,759
Same time 1876-7
.3,282,423 ! 32 064,702
Same time. 1375-6
2.897,266 < 13,684,8^3
•
Oats,
bush.
2’.4,266
....
'Corresp’ng week, ’78.
’Oorresp’ng week,'’77.
(56 lbs.)
154,160
41,939
2,447
,
(60 lbs.)
373 0-44
533
5,412
Total
Previous week...
Corn,
bush.
(196 lbs.)
45,809
29,6 0
Chicago
Wheat,
143,796
136,416
bush.
♦Estimated.
at lake and river ports for the week
ending Fob. 22,
1879, and from Jan. 1 to Feb. 22, and from
Aug, 1 to Feb. 22.
At —
575,000
1/33,443
Rye,
bush.
45®
*..
White
739,876
558,822
20.716,S49
1, 1879
Jan. 23, 1879
Jan. 18, 1879.
Jan. 11. 1879
Feb. 23, 1878
52
47
61
58®
59®
63
35
32®
38
34®
85® 1 03
new.
State and Canada
Oat*—Mixed
4 25# 4 75
3 00® 3 25
Total
Feb. 15, 1879
84
815,000
8,989
K-c.il shipments, week
Afloat in New York*
AfRat in Chicago*
Feb.
Feb.
345,000
342,598
78,099
307,941
85,858
956
Barley,
364,090
219,632
983.261
22,121
46,050
1,372,194
359,072
8,290
133,000
5 8.920
602,795
759,369
588.335
3.827
Indianapolis
13® l 13 >4
1 (7 tl nyt
2,new& old
•
yellow Southern
8 50
5 00
82®
.’
Kansas City
Baltimore
08® 1 w
j
Corn—Wrest’n
ex¬
Philadelphia
Peoria
ash. $0 95®
97
05® 1 08
No. 2 spring....
R jjcted sprint?
Ken and ambei winter
Red winter No.
11,900
Oats,
bu*h.
734,G«6
485,631
3,168,764
316,816
St. Louis
Boston
Toronto
Montreal (15th)
tn.
Whent-No.3 spring,
Superfine State & West¬
1,391,967
Oswego
Rye has been quiet, but very firmly held,
closing-with more in¬
quiry. Barley lias been selling
moderately,
but
at irregular values,
and figures are
generally withheld. Our quotations are therefore
only approximate. To-day, the market was
with a fair
demand.. Canada peas sold at 72c. in bond. steadier,
Oats met with an
active demand and
prices advanced. The market
today was
quiet, with No. 2 graded quoted at
34@34£c. for mixed and
34£@344c. tor white. No. 2 Chicago sold at 33c. iu
store.
The following are
closing quotations :
Flour.
2,932,791
8u0
Duluth
Toledo
Detroit
yellow are more liberal.
No. 2 sold at 47fc. for
change.
busb.
810,462
7,588,474
3,568,193
Milwaukee.
2(of
Corn,
bush.
*
*
bush
*
*
....
'
for
*
*
*
....
was
232
THE CHRONICLE.
1 :
Importations
The
of
I»ry <«oo<1».
Receipts of Leading Articles
importations of dry goods at this port for the week ending
Feb. 27, 1879, and for the
corresponding weeks of 1878 and 1877,
have been as
follows
1877
PkgsManufactures
do
do
do
$412,975
929
1,427
438 298
661
1,38'
flax...
502,016
1,110
755
269,735
469
4,657
..
Total
WITHDRAWN
FROM
Manufactures
Value.
Pkgs.
the
Value.
743
455,201
1,055
178,113
1,323
5,348
525,631
285,655
245,169
637
146,558
629
119,913
$1,801,137
9,737
11,919,964
3,846
$1,406,341
AND
THROWN
THE SAME PRRIOD.
INTO
THE
silk.,
flax...
MiaceU’neonedry good?
420
275
97
$163,346
442
Tot. thr’wn upon mark’t
93,15k
62,o9l
1,521
7r,8?6
97.92.
2,281
Total
Add ent’d for cons’mp’n
1183,220
305
80,188
203
143 850
95
104,985
348
60,304
1,383
3,515
$494,149
2 851
1.801,137
9,767
*572,517
1,919,964
2,334
3,846
413,017
1,406,341
$2,295,286 12.5S8
$2,492,511
6,180
$1,819,333
ENTERED FOR WAREHOUSING
DURING SAME PERIOD.
Manufactures
do
do
do
of wool,
cottOL
silk
flax
..
..
Mieceirneous dry good-
3.0
$130,511
415
346
101
164
36
36,331
272
121
614
To»al
Add ent’d for cons’mp’n
6,457
Tot’l entered at the port
5,464
1R./5)
44,621
3,422
£07
January 1, 1879, and for
$331,535
Since
Jan. 1,
1879.
Barthenware..
.
Glassware
Glass plate....
643
Buttons..
Coal, tons
Ooooa bags,...
Coffee, bags
Cotton, bales
Drugs,
1,5*0
4.495
5.519
34,9'J7
$449 °57
1,406,341
$2,132,672 13,472
$2,351,173
5,018
from Custom House returns,
of leading articles at this port since
the
521
.
13,194
Sodaaeb
1,032
2,620
10,818
8,473
likKa rubber
Ivory
Jewelry, Ac.—
m
• •
m
-
value
Lemons
.
Oranges.
Nuts
Raisins...
15,14? Hides, undressed..
8;i>
8,115
Ginger
1
Pepper
149
380
86
....
•*>•••»
,
jUj
Spices, Ac.—
Cassia
3991 Woods—
8n! Cork
313,404
2,2b5
26,14 i!
5831
351,134
161,561
65
106
9,018
10,20*.
7,ta^
Fustic
Logwood
Mahogany
t
8,616
9i,04l
22,i*S4
134.t?7
19i744
8,020
11,592
Liverpool
London
Glasgow
Hull
Bristol
Antwerp
Bremen
Hamburg
Rutter dam
Havre
Marrei les
....
Continental Ports
South and Cent. America.
West Indies
British N A. Colonies....
Giber countries.
Total week
Previous week..
Pork. Beef.
bbis bbis.
1,576
1,734
i,9'f
1,241
255
966
•M
“72
43
4
209
572
744
13
461
2,683
14 *
258
8.2'8
10
140
74
126
5.191
Lard,
Bacon,
lbs.
Cheese,
lbs.
lbs.
1,557,6"2 11,727,53' 1,5^2,60'
l-,375
475,1.Mi
80.( 0 Oi'^UU
1.5*1,8’0
65,357
2,‘278.60
352.429
4-74,86!
li‘,9H<
44%00G
783.27 0
170,34
601,20
.
1,920
3,666
441,4 0
106,87'
1,240,27?
1 4 50
230,95!
l,83t.. 60 2,295, 0‘
3.6,423
674.688
12,130
189,87*.
too
801
52,111
6 6t2 58
4,189
9,670
6,77
22
1,162
ln5,60 i
851,8 K)
8/01
2,532
1,000
8‘5,734 2/3 :,153 1.624,012
4,196,4-6 2,215,824
5,974 4,411 7243,82 s 31,169,612
.....
•
.......bbls
222
21.506
17,044
19,484
3,-17
58.478
7,303
£8,857
9,392
8,346
same
the exports*
day, and for the
Barley
bu»h.
....bush
..
toal
•
433
49,991
444,763
422,328
700
9,235
736,484
89,116
2,542
5,499,9(J0
3.097
1,217
93,973
561,449
26.52
4,726 340
9,938
12,169
51.S85
i*22
199
21,905
6,731
7,738
1,6,4
Spi'ico turpentine.
bbls.
#
,
•
70
1,949
1,534
Tar
Ktch
Oil cake
Oils—
Whale
24,396
152
65
bbls
9€2
21,045
....
Sperm
Lard
Lin*-eed
Petro-eum
Pr -visions—
Pork
Beef
Beer
...
,
,,,
«
gas.
•
....
..
•
Cheeee.
.......
**i)8.
........
lb*
♦ •
ft®.
•••»••
....
bbls.
.
•
bales and
Tobacco, manufactured
lVhaiebone
•
•
•
•••
.
• mm
18,325
8,314
22,639
1,766
26,979
796
628
249,512
632.682
152,218
1.844
•
43,773
161,009
87,093
586
6,443
37,613
89,613
6,8€1
13,216
3,008
1/96
20,510,(>r;6
675.65J
3/61,695
6,870,831
216
336
lb®t
lbS«
83,017
20,000,744
cases
• mm •
7,266
7,829
8-4
14 161
28.621
•
968,012
1 obacco. leaf.
40,312
2,3d6,068
20,526,007
....tierces.
.
•
S0,686
605,828
2,460,103
bbls
•••••«•«•*••■
Lard
Rice
Tallow
•
15,467
....
Cutmeats..!
•
'
83,219
6,6:3, *46
261,903
100
,
bbls
..
Rosin
945
25.31u
5,931
Nav 1 Stores— c
Crude turpentine
83
27,28^
tens.
D imestics
198
42
•
7,229
1,161
1,188
Hay
Hops
T<>bacco
•
756,674
..
Cotton
Bniter
Same time
lai-t year.
87
.*.
Peas
Corn
Candles
‘
»
7,815
1,470
......
».«..
1
•
Tuesday last; also
Rye
117*, 700
27.620
-
4,436
Domestic Produce.
to the
Oa’8
126,2f0
16?,20:i
5,346
18,417
4,968
19,259
542
of
233,719
706
9/04
Wheat...
lb.-.
19,80J
20/98
135
rye
Corn meal
Tallow,
1,993,666
3.251
*
Fli'a-*,
•
1 330.520
5,612
99,186
53,514
following table, based
Beeswax
Breadstuff’s—
Flour, wheat.
Exports of Provisions.
The following are the
exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland and
New
Orleans for the week ended F«b.
22. 1879, and their distribution:
To—
157,317
759
Ash^s, pearls
26,539
25,b28
81,993
5,677
199,859
244
74
Aches, pots
1,798.031. 2,467,1:)?
11,610
21,532
8,151
67,637
12,390
302,773
143,414
Week ending
Feb. 25.
126,12b
29.053
55,022
.7,851
•-
131,6.5
45,833
11,247
2,014
3,897
hhds.
bbls.
bales.
67,881
3 'l/r-4
2~’,Sfc8
10b,19,
55,971
19,620
9,712
2,084
1st of Janua
y, 1879
corresponding period in 1878:
91,176,
2,457
411
the
from
232,895
853
32.723
202,600
6.537
44,760
6,328
13,581
cases.
511
€5.329
1,916
upon Custom House returns, shows
the exports from New York of all
leading articles of domestic
produce for the week ending with
10,169
12,e:0
4,464
13,70;
97,718
64,63t
66,536
bx=. and
4,204
63,5:'3
4,022
11,119
22.969
bbls.
hhds
pk^s.
579
9,443
57,681
453
375/52
pkgs.
75,791
37,350
3,7*0
5,297
1,121
Exports of Leading Articles
The
6.338
45,796
24,905
18,111
slabs
..
Tallow
Tobncco.
Tobacco
Wh skey
Wool
8,<84
206.004
77.076
840.9('8
160.168
2.9 410
Spelter
Sugar..
Sugar
33,142
182
1,342
6,056
989
pkgs.
Stearine.
342,156
$
Fruits, Ac.—
9,707
2,80'J
Rice
€90,978
•4,941
50,065
14,071
No.
61,037
33,430
20,681
29,646
6*9,142
350,959
2
kegs
Hogs, dressed
2,574
526
166
nbls.
tcs. & bbls.
95,912
208,658
55,682
38,159
19,797
15,571
1,750
pkgs
792,234
1,054,162
7,863
68,305
1,575
4.941
2,122
pkgs.
709
202,380
8,824
5,633
8,008
pkgs
pkgs.
pkgs.
La*d
53,044
341,841
19-9,295
12, i 4?
—
Cigars,
3,216
S50j
Pork
Beef
Egg*
9,248
5.421
142,490
150,379
2,04 s', J 8h 2,599,10»
16,906
20,239
Wines, Ac—
Champagne.bkt!-.
143
679
Watches
t
A bags.
Rice
Hides, dressed..
lAtisccd
Molaeses.
679
962
26,239
Bristles
....
11,193
100
752
Hides, Ac—
bbls
Sugar, bxs
tcs. &
*174 Corks
2,530' Fancy goods
8 851 Fish
2G1
4.715
flair
Jewelry
311
5 585
1/52
Hemp, bales.
Sugar, hhds,
183
8t5
Furs
Gunny cloth
1,600
77,218
Wines
Wool, bales...
2,133 Articles reported H
3,019
€21
739
..
flax
4t'5
Provisions—
3,823,929
1,078.943
743.529
78,430
608
60
gall->.
bush
.
121.440
'
163,123
62,026
6,*46
29,058
bbls.
Peanuts
5,212,368
517,531
pkgs
Oil, lard
Oil, whale
Butt> r
Cheese
793
i-sa
85
Spelter, Tbs...
Tea
5,228 Tobacco.
4,3121 Waste
8,636
1,517
Cream Tartar..
Indigo
Madder&Ext.of
Oil, Olive.
Opium
Soda, bi-carb...
Soda, sal
8,240
508
Blea. powders..
Hardware
Lead, pigs.
Steel
900
Tin, boxes
Tin slabs, lbs..
1.434
9,246 Paper Stock
4,'24
218,313
Cochineal
Gambler
Gum, Arabic...,
4,325
3},*85
Pitch
Oil cake
25,685
19,686
bbls
bbls.
.bbls.
bbls.
bbls.
Cutmeats
829
680,907
25,431
7,365,186
167,472
2,711,736
4,388
hhds.
bbls.
Lard
Metals, Ac.—
Cutlery
749,960
955^
791,650
pigs
.
Ro»in
1878.
112,017
bales.
bales.
sides
Turpentine, crude
Turpentine, spirits
lime
bbls.
No.
Leather
Lead
Molasses
Moasses
Naval Stores—
Same
15,214
bags.
bags
.
Hides
Hines
otherwise specified.!
Since
Jan. 3,
1879.
1,487
Ac—
not
16,438
163
bush.
bales.
bbls
Cotton
Cotton ‘eed oil
Flax seed.
period in 1878:
same
1,445
Barley and male
Peas
Gnssseed.
1,414
bush
bush
Tar
$1,855,698
Leudliis Articles.
339,767
Bark, Peruvian.
h
€6.246
1 °02
Same
time
1878.
1,229
3,452
16,618
5,4*1
Glass
I"
77,99*
54,031
132,786
3/46
Earthenware—
K3
"
$155,963
59,865
$481,209
1,919,961
and
China
i..
80,3;*7
Rye
Corn
Oats
Same time
last year.
bbls.
bbls.
bbls.
.bush.
hush.
bash.
Wheat
Hops
369
253
135
249
191
3,735
9,737
quantity is given in packages wnen
China, Glass
Ashes
Beans
Breadstuff's—
Flour, wheat
..
The following table,
compiled
shows the foreign imports
fThe
•’i(
$147,8*1
10,878
2,313
1,801,137
imports of
till '
Week encing Since Jan.
1,
Feb. 25.
1879.
$130,200
63,572
88,855
76,582
53,888
4,657
8,172
leading
508,940
MARKET DURING
422
256
162
490
to the
ending
Tuesday last (corresponding with t’^e week for
exports); alsoreceipts from January 1, 1879, to tbit day,
and for the corres¬
Corn meal
.
daily reports made
upon
ponding period in 1878:
$314,80?
316,1*3
782
Domestic Produee.
with
1879
$408,308
WAREHOUSE
of wool
cotton
do
do
do
Pkgs
940
following table, based
of
New York Produce
Exchange, shows the receipts of
articles of domestic produce in New
York for the week
27, 1679.
1878.
Value.
of wool..
cotton
silk
Miscellaneous dry goodi-
The
:
ENTERED TOR CONSUMPTION FOR THE
WEEK ENDING FEB.
[Vot. XXVIII.
129
146,473
r
78
7.692
8.574
137,993,100
5,59J 486
15,075,545
52,108.729
3,05a
12,185, *81
.
6,807
1C6.162.4i8
1,160,677
9, 1,736
60.915 499
4,299
11,880,220
9,243
5,670
9.495
1,151,878
8,168
938,023
14.568
V
March 1,
1879.]
THE CHRONICLE.
GENERAL
GUNNIES.—See
HAYNorth River shlop’!:^
HEMP AND Jll IEAmerican dreutted
American undressed
Russia clean
Lcalmn
Manila
Sisal
PRICES CURRENT
ashes—
Pot, first scrt
...Rn>.
4X0
BSEADST UFFS—See special report.
BUILDING MATERIALS—
Bricks—Common bard,afloat..V M 3 CO 9
.
Croton
00
«
5
&
9 00
Rockland finishing
90
Lumber— Pine.g’dto ex.dry?) M It. 10 0U
Pine, shipping. box
18 ’JO
do ta*ly boards, corn.to
g'ri,each.
22
Oak
;
..V M. it. 35 00
Ash, good
35 00
Black walnut
75
...
0
....
60 00
*2 00
c0
45 00
45 IX)
00 @150 00
Spruce boards & planks, each
IS 0
25
Hemlock boards. each
14
0
16
Mapie
V M. ft. 20 00 0 45 00
Sails—!O06Ud. or m. fen.& sh.tf keg 2 10 & 2 15
Clinch, 1 X to 3 in. & longer
4 25 9
5 23
Sdflne
0 4 45
Cut spikes, allsizes
0 2 45
faints—Ld., wh.Am.pare, in oil V lb
<3
7X
Rio
Amer.,
dry
Sine, wh.,Amcr. dry. No. 1
Zinc,wh.. Amer.,No. 1,In oil
Paris white. Er.fc., gold
V 100 lb.
BUTTER—(Wholesale Prices}—
State, firk ns, good to choice.... Vft>.
West’n cream-ry *’d to ch
44
Welsh, state, good top;ime.... **
Western da ry, lair to pr.
44
pure
¥
Para,
State
&. 1. stock—Cal.
200 00 a
275 UOj.
y 5 ro
2 0 0'
“
44
6X
“
4 Xd
•*
“
......
1'
IS
gold.
gold.
BoltS
Sheathing, new (over 12
Braziers’(over 16 oz.)
44
*
14
15
9
0
2 00
2 JO
9
0
22
....9
24
15X0
V 100 lb ear
V Q>. gold.
2 03
9
11
9
“
12X
HX
20
* gal., gold.
95
9 100 lb
•*
3 0
44
“
16 6
Caustic soda
Chlorate potash
Cochineal, Honduras, silver...
44
,4
cur.
Cochineal, Mexicar,nominal.
Cream tartar, powdereu
India
Catch
Gambler
per 100 lbs.
52
‘<5
14
gold.
44
Licorice paste,Calabria
"
Licorice paste,8lclly
44
Licorice paste,Spanish,solid., .gold
Madder, Dutch
*'
Oil vitriol («6
1
ash.'.
9* luO ft>. gold
Sugar of lead, white,prime,Vtbcur.
Vitriol, blue.common
44
3 45
.1
41
3 4u
50
9
9
9
9
9
per
Layers....
Mlb.lrall,
Loose....
8 05 4
1 52 X a
1 60 9
3 10
6% $
3X9
V quart
w
box....
do
do
quarters
pared, Ga.,z d to ch4ce *79
nnpared halve* and qr*...
Blackberries........
Baspberrles
Cherries,
ary mixed
flams. State
Whortleberries.,
11
9
....
9
16
11
9
@
,...@
3
9
ix@
3
0
2X9
7
3
5
27
30
9
0
0
9
0
,...0
,
u
0
V 1b
44
....9
0
3X
refining....*)
lb.
5X9
6X
4
6
7
44
FxtraC
44
6X
@
0
@
l*
44
l»
$
8X
0
,...@
44
a
44
44
Prime city
H.
6
American XX
American. N08. 1 & 2.
1 6)
Or Special Sa.es
on
V&
ALBERT II YICOIAY
No.-43
Pine
N
145
o
Fair
BROADWAY,
South Am.
unwashed
unwashed
Cape Good Hope,
Texas, fine. Eastern
Texas, mealam. Eastern
Smyrna.nnwashed
Beel
«••««
Poik,...
A
#•••
bags.,
f1
lb).
12
17
0
18
25
0
9
0
£0
28
23
22
14
25
21
20
gold.
FREIGHT^—
,—btxam.—»
1o Livbbpool:
6. d.
CoVon
91 9.
Flour
V bbi.
Heav; goons. .Vton.
Corn,b*lk A bgs. V bn.
Wheat, bulk
@
0
9
12
0
2U
».
BROAD STREET.
STOCKS
SPECIALTY.
Brooklyn Securities Bought
E.
S.
7
and Sold
Bailey,
PINK STREET.
Dealings in
*1.
3-150
Prentiss,
30
SAIL.-
,
BONDS
See quotations of City Railroads
In this paper.
A
Merlnc,
YORK.
BOUGHT AND SOLD.
unwashed
18
CO.,
Grant,
CITY RAILROAD STOCKS
&
GAS
15
&
St., New York.
H. L.
Room 23.
Inferior.....
Barry
THURSDAY,
Days 28 Years, ai
other days when
required.
American,Combing.
Snperlor,
BONDS
EVERY MONDAY AND
Extra, Pulled.
No.I, Pulled.
Calliorni8, Spring Cllp'
Sales of all classes of
AND
Geo. H.
9-160
WOOL-
SON,
AUCTION.
Regular Auction
NEW
8X<a
“X0
8X
7*9
7X0
6X0
6X>1
None.
44
onr
8x
...
44
..
We hold
6X
....9
&
NICOLAY, Auctioneer.
AT
0
£Xa
44
44
granulate!
cut loaf
Coffee, A, standard
do
off' A
White extra C
9
6X9
t#9
7
SATURDAYS.
Our Established
....9
...
AND
STREET. NEW YORK.
STOCKS
9
,
Stocks and Bonds
»X
6’93
„
it O \ D §
DULLER
PINE
ALBERT H.
!% \
6
3
I'ALLOVV —
4 5>
WEDNESDAYS
....
....<9
44
44C”
0
new..;....
Macaroni. Italian
.....V 9
Domestic Dried- >
Apple,-, Southern, siloed
V 9.
do
do
<1 carters
do
State, sliced,
44
Yellow
Molasses sugars
AND
AUCTION
ON
.9
9 66’ @ !0 25
li* 50 @ 11 50
18 00 9 18 50
**
41
mess-
do
do
6
7 50
9
do
12X
STOCKS
& 1! 00
0 9 60
9 5)
'*
Hard,powdered
%
gnton
Glnge
-,w •t nx.
.& hf .pots. V case.
ruine-*,
V h*lf
44
Rfined—Hard,crushed
50*
9
nates
Peaches,
42'
4 25
.' I 20 00
0 16 P0
9 6 51
CO
V bbl. 10 90
Fair
44
Good refining
44
Porto Rico, reflu , fair to prime 44
boxes, c ayrd, Nos. 10012
44
Ce trifugal, Nos. 7@13
41
Melado
44
ManiN.sup.nn I ex. sup
44
Batavia. Noa 1'@12
44
Brazil. * os 9@ll
44
3 50
hold REGULAR
SALES of all classes of
No. 7
S K4AR—
0
f>0
44
common
undersigned
•
0 30 50
d
Chas. R.
Ahm. B.
STOCKS and BONDS
At Auction.
1 (5
52
0
R®lfe,
Edmund W. Corliee.
Wm. K. BUNKER.
Secretary
The
•
Rockwell,
ADRIAN H.
Carolina, fair to prime
V ib.
Louisiana, talc to prime
“
Rangoon, Tv bond,
f) 10C fi»
8
3
19
18
"(i
Naphtna.City, bbls
Inferior lo
•
*
agent in the
Corbin,
40
0
0
eo‘
7
2 o7X
1 '.0
4 25
5 uy
75
50
<9
•
.
RICE—
25
17X9
5x©
4Y0
,
•
9
a
@
9
as
TRUSTEES:
Henry Sanger,
Alex.McCue,
Marvin, A. A. Low.
Thomas Sullivan,
Baylis,
Henry K .Sheld.-n
H.E. Pierrepont,
Dan’IChauncey, John T. Martin,
Alex. M. White.
Josiah O. Low,
Ripley
Ropes,
Austin
J.S.
John P.
43 X
36
1 15
63
‘.8
•
trator.
It can act
44
44
extra
2 25
2 25
: ao
V gal.
Refined
Bacon, West, long clear
Hams.smoked
Lard. City steam
29
24
1 65
CO
PETROLEUMCrude, in shipping order
Cases
Beef bams, Western
28
28
9
9
French
.e
44
City, thin oblong,bags, gold, $) ton.
Western, thin oblong (Dom.)cur “
Beef,
17
l
1
25
*■
Valencia...,,
Currants
Citron
;
Prunes, Turkish, new.......
ftarai
•
90
1 i>2
44
“
prime, new
Pork, prime mess, West
Beet, p aln mess
6
<0
1 5“
FISH—
:
Gr’d Bk.'t 'Jeorge’s fnew) cod.V qtl. 3
Mackerel,No. 1, M. shore
pr.bbl. IS
Mackerel, No. 1, Ray,. •
12
Mackerel, No.2: Mass, shore
6
Mackerel, No. 2, Bay
6
Figs,
•
•
“
Pork,extra
4 (0
1 20
9
Prussiate potash,yellow. Am..cur.
Quicksilver....;
.....gold.
Quinine
:.
cnr.
Knubarb, China,goo<l to pr.... 44
Sal soda, Newcastle. V luU
lb, gold 1 07
Shell Lac. 2d &<lst English.
ft .cur.
!8
Soda
do
“
PROVISIONS—
Pork, new mess,spot.
20
I8X9
1X9
..
Raisins,Seeaiesr,
9
**
.,
6X9
“
..cur.
Brimstone)
44
Opium, Turkey ....(in bonrt), gold.
2X
14
L0
to
28
1 00
3 b7 -xj
16 ; 0
6*
L3
3 67^0
1 Ou 9
16 9
23 9
26 9
25 9
26 9
“
Madder,French
Ntttgalls, blue Aleppo
22
5x@
44
cur.
pure
9
55
“
Ginseng
Glycerine, American
Jalap
fRUlT-*
c5
•
60
27
55
47
OIL CAKE—
9
•*
Arsenic, powdered
2*3
Bicarb, sod a, Newcastle. V 100 n> 44
3 7o 9
Blchro. potash..,.
Vlb cur.
13X3
Bleaching powder......$ Id) lb.
1 25 9
1
Brimstone, 2n *b & 8rds,per ton.gold.22 50
4 24
Brimstone, Am .roll
* A. .cur.
2X £
Camphor refined...
'*
2-Xa
Castor ol),E. I. in bond.
Cuhebs, East
9
Montague & Clinton sts., Brooklyn. N. Y.
This Company is
authorized by special charter to to. t
*s
receiver, trustee, guardian, execu or or
adminis¬
money.
30
9
0
0
0
Brooklyn Trust Co.
of
.
depository for
RIPLEY ROPES, President.
CHAS. K MARVIN, viCe.Pres
t.
Edgab M. Cullen, Counsel.
35
24
29X3
1 90
1 15
S O'
4 1C
“
..
.0
OGILVIfS, Secretary.
sale or management of real
or dividends, receive
anc’ transfer
books, or make purchase and sale registry
of Gov.
ernL tut and other
securities.
Religious and charitable
and
institution5,
persons
unaccustomed to the transaction of
business, will find
this Company a safe and
convenient
2>
0
Cor
Samuel Wili kts.
Wm. White wtught,
Geo. Cabot Ward
estate, collect interest
20
24
i5
%
28
....
Whale, crude Northern
Sperm.crude
Bperm, bleached winter
Lard oil. Sob. 1 and i
4
Nominal.
“
Menhaden, crude Sound
24
...
and bbls
Neatsioot, No. 1 to extra
Whale,bleached winter....
& dyks-
Ainm, lump. Am
Aloes, Cape
Aloes, bar Dadoes
do
do
do
Linseed, casks
17
19
V It.
ozj
American Ingot. Lake
COTTON—see special report.
drugs
&
lf'X
IS
.
*•
2 8-10
2U
23
The
5
<a
•
COMMITTEE.
G. G. Williams.
J. H.
170)
@ 15 ?l)
0 22 00
Fi lcets,
@132 50
00
..
e
<a 15 00
0
10X9
3XS
pH
Vice-President.
2d Vice President.
McLean,
Augustus Schell,
E. B.
Wesley,
0
SG 00 @37 00
....9 45 CO
•*
Costa Rica
COPPER-
m
2 5-109
5 @
•
EDWARD KING, President.
McLean,
Whitxwbight,
EXECUTIVE
0
15 0)
19 53
store
•
on
J. M.
’.6
..
.
Wm.
7R ton. 17 00
.
IttONEV.
Interest allowed
3
.
of Stocks
Deposits, which maybemaoe
and withdrawn at
any time.
N. B.—Checks on this
Institution pass through rne
Clearing-House.
J. M.
....
$1,000,000.
......
Registrar
5
7
tflb.
Cor, Kector St.
Authorized by uw to act as
Executor, Administra¬
tor, Guardian, Receiver, or
Trustee, anrl is a
LEGAL DEPOSITORY FOR
L
Bar, Swedes,ordinary sizes.. V ton.ISO
YOHK,
Broadway,
Transfer Agent and
2
Pig,American, No.1
Pig, American, No.2
Pig. American, Forge
Pig, Scotcn
NEW
HAS SPECIAL FACILITIES
FOR AOUNu
8
8
Hoop, Xx.No.22 k' l&’-Xx 1S&!4 “
Liverpool housr fiannel
11 ooa
Sheet, Russia
gold Vlb
Anthracite—The following will show
Sheet, single,double & tr°L»le, com.
prices at
last auction or pre ent schedule
ratus:
Rails, American
ton,
cur.
Fet-n.
D.L.&W.
L>.&H.
Steel rails, American.
§ L. & w.
Schedule. Auction.
Schedule.
schedule.
MOLASSES—
v\ eeFeb. 26.
N. Y.
Port
Cuba,-clayed
haw*en.* Hoboken.
» cal.
Ha bor.
Johnst’n.
St’mb... $2 3J
Cuba, Mus.,refin.gr’ds,50teet.
“
$ ’ 2->
tl
10
do
do
Grate.... 2 30
2 25
SO
grocery grades.
“
2 45
Barbadoes
Egg .... 2 30
2 25 @! 3)
2 45
Detaerara
Stove.... 2 f>5
2 6' @2 67 >4
2 80
Porto Rico.
CD’nut... 2 3i
2 .0 @1 45
*
2 HJ
N. O., com. to prime,.
40 cents additional lor
delivery at New York.
5 L. & W. Quotat.ous are for Wilkefcbarre
SAVAaSTOREbcoal.
COFFEE—
Rio, ord. car....,
gld.tftb
10X
do fair,
Pitch, city
do
gold. “
..(3
do good,
do
Spirits turpentine....
sold. 44
....4
do prime,
do
Rosin, strained to good strd.fi
gold. ••
low No. 1 to good No. 1
Java, mats
gold. “
“
“
23>i t
.5
Native Ceylon....
low No. 2 to good No 2
44
gold.
15
"
d
17
Mexican
low
pale to extra p ,’.e
•*
gold.
44
15 0
16.X
Jamaica
*
window glass
“
gold.
44
13 (a.
17
Maracaibo
OILS—
gold. 44
14 0
18
baguayra
gold
“
Cotton seed, crude
16
fi gal.
St. Domingo
gold. 44
11 0
Olive, in casks V gali
12
“
Savanllia
.
CAPITAL.
8
11
kips, slaught. gold
Scroll
.
5X
4‘
cnr.
Yearlii gs
IRON-*
44
6X
16
10
7
Western
Llverpoolgac cannel
OF
*•
44
r*‘
••
Olds, all erowths
1 75
UNION TRUST CO.
No. 73
19
19
’8
is
18
Eastern
....
4
4*3
Calcutta kips, dead green..
4*
Calcutta, buffalo
44
nopsNew Yorks, new ctop. low to
fair...
do
meuium to choice
factory,primetochoice....Vib
Western factory, s’u to clio.ce..
gold
do....
do...,
do....
Texas,
45
195 00
do
California,
3
170(0^
do....
do....
do....
Matamoras.
cheese—
COAL-
40
Vton.
WetSalted—Buen. Ay, selected
W
123
...
Grande,
California,
...
,
tb
“
Orinoco,
•
Lead,wo
Financial.
V 10b
Dry—Buenos Ayres.selected.^tb^old
Montevideo,
do.‘...
*•
Corrientee,
44
do....
0
0
0
0
0
233
Cotton
Jute
HIDE5-
Philadelphia
22 00 <a 26 00
Cement—Ros«naaie
V bbl.
Nominal.
Lime— Rockland common....fl bbl.
80
<a
rdport under
Insurance
A
Stocks
SPECIALTY.
Cash paid at once for the above
Securities
will be sold on commission, at seller's
opu©
•
1
234
THE (CHRONICLE.
Financial.
Boston
Bankers.
Geo. Wm. Ballou.
Agency of
r; 3
agents for corporations In paying coupons
and dividends, also as transfer agents.
l
on
;Sound railroad and municipal bonds negotiated.
Funds carefully Invested In Western farm mort¬
gages, and the Interest collected.
John J. Cisco & Son,
59
Wall
DEPOSITS RECEIVED SUBJECT TO CHECK AT
DAILY
BALANCES.
GOVERNMENT BONDS, GOLD, STOCKS AND
ALL INVESTMENT SECURITIES BOUGHT AND
BOLD ON COMMISSION.
\
R. T. Wilson &
BANKERS AND
f
COMMISSION
2 Exchange
:
Co.,
BANKERS AND
DEALERS IN
ruos. P. MILLER,
Municipal Bonds. Thos.
Massachusetts
Loan & Trust
Company,
No.
OFFICE
SQUARE, '
in
Allow
Interest
on
all
maturity of loans
payments
payment.
Correspondents. — German American Bank, New
York; Louisiana National Bank. New Orleans; Bank
of
Liverpool. Liverpool.
made before
Russell 8c Co.,
COMMISSION
AND
Company,
[
CONGRESS
Dealers in
STREET,
AGENT
on
Commission at
Brokers
Board
Auctions, and Private Sale.
F. H.
THE
BANKER
Hong Kong, Shanghai, Foochow and
Canton, China.
No.
7
C.
C.
W alston H. Brown 8c Bro.
BANKERS,
SIMMONS’
Street, New York.
BANKERS
70
SECURITIES.
Rroadway & 15 New St., New York
Commission, and carried
on
Parker 8t
BANKERS, 78
Allowed.
5ST* Accounts of Country Banks and Bankers
ceived on favorable terms.
M;
A. FI. Brown &
bankers
7 Wall
and
Sell
County Bond**.
No. 109
banks.
203
AGENTS
STREET
FOli
Ullerton New
Mills,
Atlantic Cofton
Western
City
and
broker,tm’
BROKER,
WALNUT PLACE (316
WALNUT
Mills,
Saratoga Victory Mfg Co.,
AND
Hosiery, Shirts and
STOCK
stock
Street.
Washington Mills, Chicopee Mfg Co.,
Burlington Woolen Co.,
Drawers
From Various Mills.
NEW YORK,
BOSTON,
45 White Street.
15 CuaujsOey St.
PHILADELPHIA,
.
J*
Dnane
E.R.Mudge,Sawyer 8cCo
Stackpole,
Pfiila. & Baltimore Bankers.
St., Cor. New, New York,
Company.
A full supply all Widths and Colors
always m stock.
brokers,
to business of country
Also, Agents
States Bunting
SECURITIES, Gold
DEVONSHIRE
Buy and
INVESTMENT SECURITIES.
Special attention
“AWNING STRIPES.’
BOSTON,
re
Co.,
And all kinds of
COTTON CANVAS, FELTING
DUCK, CAR CO VER
ING, BAGGING, RAVENS DUCK, SAIL TWINES
*C. “ ONTARIO ’ SEAMLESS
BAGS,
United
STREET, BOSTON.
on
Margins.
Deppsits Received and Interest
-
State. City, County and Railroad Bonds.
Transact
E'M
STATE
DEALERS IN GOVERNMENT
BROKERS,
a General
Banking Business.
STOCKS, BONDS and GOLD Bought and Sold
BUILDING,
Chas. A. Sweet & Co.,
40
Francis,
AND
COTTONSAILDUCK
BROKER,
BANKERS
Co.,
Manufacturers and Dealers In
Boston, Mass.
SPECIAL ATTENTION GIVEN TO THE NEGOTIA
TION OF
&
8c
Jackson,
STOCK
St., New York*
Brinckerhoff, Turner
PLACE, "
BOSTON.
FRED. A. BBOWN.
BY
CO., of China,
104 Wall
BROKER,
EXCHANGE
ment of Railroads undertaken.
OLYPHANT &
Peck,
AND
Co.,
MERCHANTS,
REPRESENTED
P1T2SBURGH, PENN.
Trask
59 Wall St„ N. Y.
Olyphant 8c
Commercial
COMMISSION
Orders executed
*
Jb!,
S. W POMEROY
•>aper.
relating to the Construction and Equip¬
RAILROAD
Hong Kong.
•
Mass.
Stocks, Bonds, Gold and
Shanghai
Banking
Corporation,
Office,
Head
35
Investment. Securities ponstanttvon hsne.
Edgar Thompson Steel Co. (Limited),
Pine
AGENTS,
Boston Agency,
) New York Agency,
'
J. MURRAY FORBES,
S. W. POMEROY Jr..
bO Central Street. S
59 Wail St., N. Y
JOHNSTOWN, PENN.,
•WALSTON H. BROWN.
MERCHANTS
SHIP
Hong Kong, Canton, Amoy, Foochow
Shanghai and Hankow, CiTfiba.
BANKERS,
No.
Co.,
Commercial Cards.
CORRESPONDENCE SOLICITED.
Boston,
Buy and sell Railroad Investment Securities. Colect Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents for the sale of STEEL RAILS made by the
34
P. Miller &
Brewster, Basset & Co., Hong Kong 8c
,
JNO. W. 11ILLBJ*
Special attentvon paid to collections, with prompt
at current rates of
exchange on day of
1870.
- $500 000.
GEO. WOODS RICE.
STEPHEN M. CROSBY,
President.
Treasurer
Loans made upon time on Staple Merchandise
either upon Dills of Lading or Warehouse
Receipts.
Exchange of Collateral, or prepayments In
part o
for entire loans allowed.
New York.
All business
WIILTAM3.
remittances
CAPITAL,
41 CEDAR, COR. WILLIAM ST.,
AND
R
BANKERS,
MOBILE, ALABAMA.
BOSTON.
MERCHANTS,
Iron
POST
18
J. S. Kennedy & Co.,
Cambria
W. DA"* TON. 230 Chestnut Street.
George A. Clark & Bro.,
.
ST.),
PHILADELPHIA.
Orders iu Stocks and Bonus promptly executed
at
the Philadelphia and New York Boards.
k *
Wilson, Colston & Co.,
BANKERS
d&Co.
COR. OF WALL STREET AND
BROADWAY,
or on
VIRGINIA
MILWARD’S
SECURITIES
a
solicited and information fur¬
nished.
N. Y. Correspondents—McKim Brothers & Cp.
Bankers.
a
margin.
Buy and Sell Investment Securities.
T. O. BOX 2,647.
A M. Kidder. C. W. McLellan, Jr.
and
Southern
General Banking Business,
including
the purchase and sale of STOCKS and BONDS for
Cash
BROKERS,
specialty.
Correspondence
New York.
Transact
AND
BALTIMORE.
INVESTMENT
BANKERS,
400
HELIX NEEDLES.
BROADWAY, NEW YORK.
John Dwight & Co.,
MANUFACTURERS OF
SUPER-CARBONATE
E. E. Burruss, Pres’t.
A. K. Walker, Cashier.
First National
Bank,
WILMINGTON, N. C*
W. Trask.
.
all acces¬
CHAS. B. MILLER.
MERCHANTS
Court, New York.
BANKERS AND
on
Directors.—Benjamin A. Botts, Pres’t: C. S. LongW.J. Hutchins. F. A. Rice, C.C. Baldwin, W. B.
Botts, Rob’t Brewster.
BENJ. A. BOTTS, Pres’t.
B. F. WEEMS, Cashier.
Boston,
Chartered
Street, New York.
SIGHT, AND INTEREST ALLOWED ON
i
TE XAS
We give special attention to collections
72 DEVONSHIRE ST.,
York,
BANKERS,
No.
OF
HOUSTON,
Capital, $500,000,
as
Bonds, stocks and securities bought and sold
BANK
H O USTON,
•commission.
K
CITY
cope,
*drms and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act
STREET,
New
Corporations,
Banks,
THE
Bankers.
sible points.
8 WALL
52 William Street, New York.
and
Georoe H. Holt,
Geo.Wni.Ballou&Co
BANKERS,
"Accounts
Southern
Member N. Y. Stock Exchange.
“Jesup, Paton & Co.,
m
[Vol. XXVIIL.
Collections made
on
all parts of the United States
OF
SODA.
@FedFRASER