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xmm
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING. THE COMMERCIAL AND INDUSTRIAL INTERESTS OP THE UVITKD STATES

NEW

VOi. 22

YORK,

MARCH

1876

18.

Fiaanoial.

Financial.

Financial

&

A. H. Brown

Richardson, Hill

Co.,

BANKERS AND BROKERS,

National Bank-Note
(INCORPOEATKD NOVEMBER,

OFFICE, No.

1

WAU.

STREET,

and UOLU.
All kinds of Inve^tment

n

R,

tn

Nfcw Yf.rk Stock KxchanKi;.
Particular attention nald to Investments. Foreign
Hxchange Houpht and Sold. Depoaits received snbiect to al^lit check, and interest, allowed on dally
lalaoce^, accordlnp: to the nature of the accoant..
Prompt attention givt-n to CoUecions and Uemittancfis. Information CO ceinlne a"y spHclfledaecur'ty
will he cheerfully furntahed wltnout charge.
F, W. GlLLKY. JRj
K.S.tilLLii.-

Member N. T. Stock Exchange.
J. Kblbon Tappan, Special.

AUGUBTUa

J.

Aug.
S9

BBOWN.

J.

BANKERS,
Liberty Street, New

BPKCIAL ATTENTION GIVEN TO THE NEGOTIA
TION OF

RA ILROAD SECURITIES.

Charles G. Johnsen,

N

'

V ES

1-

.U

AND BANKER,

iN

NEW ORI.BAN8,

Grant,

SECURITIES

'

ijtri

X LL

Buckingham& Underhill
B80KEKS IN

AND OTHER SECURITIES,
New Yor<.

No. IB VTail Strert,

hOISTS.

Stuart
BANKERS,

&

Co.,

STRBET, NEW YORK.
DRAW KXCIIANUK ON
DAVID STUART & CO. Liverpool,
Payable in Loudon.
Advances Made on Conslcnmenta.

NEW yoUE,
134

Amy &

BO>TON,

GOSSLER

Bank of itambnrK and
Londou, (Limited.)

HOUSE IN EUROPE,
JOHN BEBEN BERG, GOSSLER* CO
HAHBURO.

New York.

I' a general banXng buvlness.
1>E->L 111 '.nveattnent Becurlttt'B.
BUT alldeBCriptlonnof UNCURRKNT Bonds, also

Bonds liEPUUIATltD by ClTiES and COUNTIES.

Samuel Shaw,

&

Member

Cooks.

E.

Fhsd. C. Coltom.

N. V. Stock Exchange.

Cooke & Colton,
BANKERS AND BROKERS,
44 BROAD STREET,

NEW

YORK.

Btockr, Bonds, Gold, Foreign Exchange and Mlsoellaneoua Securities bought and sold strlctty on

Gommlaslon.

etc*

Co.

New York,

LONDON AND HANSBATIC BANK
(L1M1TU>).-L(MIU01I.

Co.,

liiternatloual

SiDHST

BANKEB,
And Dealer In Oommerolal Paper,
e« WALL STREET.

&

0.>RKS8FOXDKMTB OF

Co.,

BANKERS,
21 Naasan Street,

W Slave Street

Pearl Street.

34 PI!VB

G. Amsinck

fcDWARU B, UNOKRUILL.

STOCKS, BONDS, GOLD

AGIHTS rOR TBB

I.A.

T

(Members Now York Stock Exchtnge.)

&

ISO Pearl Street,

166GRAVIER STREET,

Co.,

all Strenl.

\\

E

Grant

&

BANKEItS

IIKRCIIANT

&
.

The investment or Tru*t or otLcr funds on Flra
UortKHK 8«'cur!ty ettected
Commercial paper uegotlated.

C.
GSHKBAL EZOBANSI AND PAVKINS BVSINKBB.

dc

A

G. Bt'OKIKOUAV, Jr.
caa

o*

TilANSAU

York.

1

I

BANKERS,
WASHINGTON, D.

19

Com

Maturin Ballon,
«

LOANH NBGOTIATJBD.

H.

)

the neKOtUtiou of

A SPHCIALTV.

Aoconnte received and Interest allowed
wiiich may be checked for at sleht.

Andrew

-4311

fiOLU

York.

N K K HS
18 ^eur Stre'^t, Neu- York.
Meoibera Kew Vork Siock and Uutd Kxchange*.

KXCH.INUK €OV»T.

Sherman

tti

Kmbnll
U

Co.,

Bought aud Sold on Commlsalon, uid

•

AND

New

hlilf.

Morse,

MKKCUANT

OoveruKDeiit Securities, Gold, Stoeks
and UuiidH

WALSTON H.BROWH.

Brown & Son,

&

COMMISSION

COl-LBOTluWIi

Order 8 )n Government Secnrltles, Railway Shares
and llonrts. executed etrlclly on Commission, ut the

m»rclHl

Liverpool and Londou.

street,

New York.

8p«cUI attention pma

TO.

Liberal cash ivdvarces made on constfrnmentJ of
Cotton and Tobacco to our aUdrees; also to ourlrlenas

and brokers,

Box 4259.

dc

-

Wilson
ANU

2

\

P. O,

T

UANKKXS

J. B. TAN ANTWERP, Pres't.
J. miACIHINOVCiH, Vlce-Pres>t.
A. D. SHKPARD, Treasurer.
rso. £. CVRRIEB, Secretary.

new

fAKIH.

|!i>.,

ClRCOLAR NOTia AND CRKUIT8 FOB TBAYALRHa

any language,

64 broadway and 19

54 Wall Street,
(P. O. UOi

London.
SIXTY PAV STKHLINU ON THE
CitNSOLIDATUU HANK., LONDON.

Cotrnnunleation* may be addretted to thit

JrT&aT,

BliOKEKS IN

FOKKItJN BXCIIANUE

STKKLINU CHKQUKS ON

This Company engraves and prints honds, postage
stamps and paper money for varioas foreign
Governments and Banking Institutions—South
American, European, West India Islands, Japan, &c.

bankkW

Co., Hilmers, McGowa n& Co

6c

ALEXANDIiKS. CTNLIFFES

in the highest style of the art with iptcial taft'
gvards devieed and patented, to pierent coanter
felting and alterations.

F. W.^Gilley,

IiiTeaiineni Sernrltlea.
Orilem for at Klnft-Cla,s Hccuritlut cxetutcd o
Coinuiin.iou.

No. 8 Wall Street, New Tork.
No. 4 Post Ofllen Square. Boston.
CHKQUE3 AND OABLK TUA.NSFEIH ON

mUNKVK *

Co.,

AdvanCH* on Collaterala

^'ecuritici a epeclalty.

Munroe

John

&

SlMMO.N's BUILDINO, 40 iVatik 8t.,

BOSTON.

BONDS

iJntted States Bonds, Notes, Correnoy
and National Bank Notes.
ENOBATixa AKD Printino Or
BANK-NOTES, STATE AND RAILROAD BONDS,
POSTAGE AND REVENUE STAMPS,
CERTIFICATES, DRAFTS, BILLS OF EXCHANGE,
AND COMMERCIAL PAPERS,

1

Business Paper bonithi and sold.
Deposits received. Coll cllona made

Deposits received aubject to chtcii at a ght, a-'d
interest a lowed on dally hilanrca
t^peclal attention
given to the buMnisa of COUNTltV UANKB. Kze
cute ordora for the puruhaae and sale of STOCKS.

KNSSATEBS OX THX

iii

No.

NASSAU ST, NKIV YOIIK.

22

Co.,

1859.)

NEW TORE.

Company

No. 5H0

No. 33

Company,
AND BROKERS,

'WALL STBEBT.

TRANSACT A OENKILAL BANKING BUSINESS
STOCKS BOUGHT AND SOLD ON COMMISSION
INTEREST ALLOWED ON DEPOSITS.
O. ST. iowK Suarisi*.
R. SuTDAM GaaHT.

,

THE CHUONIGI.K

&

BANKKB8,

TUOS. P. UILLBR.

Stackpole,

UKVON8UIKK 8TRKBT.
BOSTON,

78

Uuy and Sell
Couatr Bonds.

Wentern

and

4'Ity

&

BANKERS AND BROKERS,

c\rre«pondent8.— German American Biiuk, New
fork; Louisiana National Hauli, New Urleans Bank

of Liverpool, Liverpool.

Commercial

and

DEFAULTED MISSOURI COUNTi', CITT AND
TOWNSHIP BONDS MADE A SPKCIALTV.
ALSO,

ames Hunter,

RAILROAD

BO^JDS, STOCKS, MISCELLANEOUS
AND LOCAL SECUBirittS, ETC.

KHOKICK,

Dealer lu Coin, Soattiern BecuritieB and Kxchange
Loans Kegoilated. Advances made on Becarltlet
laced In my bauds (or saK- at current rates.
Address,

aper.

Our long experience in above class of Securities
enables us to be piepared to make cash bids by wire
to parties givirg full description.

Savannah, Oeorsia,
Com uiUslon

Orders executed oo

Brokers

at

Board
(P. O.

AuctloDB,aud Private Sale,

Kidder, Peabody

&

Co.,

Fhila.

K. S. Willis. I'res't.
B. iJ. Kimball, Cashier.

OT KtJBOPB.

&

•

N. y.

&

J.

t

Austin.

STOCK BROKER,

STREBT,

No. 319 W^AI.NI7T

Pblladclplila.
Orders In Stocks and Bonds promptly executed
he Philadelphia and New York Boards,

SaM'L H. KknNKDY,

ChaS.

C.

li.

President.

P. N.

DUPUY,

A. K. WAimra, Cashier

all

Bank,

CORRESPONDENTS.

New York

A

PEK CENTS havtt never failed. Nothing but an earthqaake can impair their absolute seeuriti/; and as to
prouiptnesB.asfc oar New Vork Batik. Our paper is

always al par ia aeyr York, because always paid a f
maturity. liave loaned millions, and not a doUar hai
•ver been lost.— For details address ACTUARY of the

Kouata

Bros.

Texas.

We give special attention to collections on all acces-

lole points.

DIBECT0K8: W.

J.

WEKM8,

W. Gray,
Longeope.

Hutchins, P.
C. 8.

A

BKNJ. A. BOTT8,T'resldent.
""""ui..

Cashier.

Illinois

857.

be pleased to furnish Information In
all matters connected witb investments

We also buy and sell Gold and Gou) Covpoks,
CoLLKOT Dividends, and Town. County and Btatb
Coupons, &c.. and buy and sell, on Coumisbiom, all
Markktablb Stock and Bokds.
In our Banktn-o Departmbnt we receive deposits
and remittances subject to draft, and allow Interest
to be credited mouiliiy, on balances averaging* for the
month, from $1,000 to *5,000, at the rate of three per
cent per annum, and on balances averaging over
$5,000, at the rate of four per cent.

J

FISK

hatch.

6l

M. K. Jesup, Paton &Co.

bankers.
New Ifork.
Draw Exchange on Union Bank of London.

No. 52 H^illiam Street,

Accounts of Banks, Bankers and others received
upon favorable terms.
Interest Allowed on Balances Subject to Drafts at

Advances made upo

Consignments to our address

or to oar Correspondents n Europe.

Investment Securities Bought and Sold.

VERMILYE &

CO.^

BASiKERS,
16 and 18 Nastiau

street,

Neiv Vork.

DEALERS IN ALL ISSUES OF GOVERNMENT
SECURITIES,

Vice-President.

German

Walker

Cashier.

NEW YORK

CITY
iLND

Savings Bank,
ROCK, ARK.

ROOKLYN BONDS.
BUT AND SEU. ON C0MUI8SI0N

.

$50,000.

reasonable rates. Accounts of Banks, Bankers, Merchants and others solicited.
Board OF L)iEKCTOB8.—C. V. Penzel.Wm. Klrten,
Jadge U. M. Hose. JttO. K.Geyer,G. W. Johnson, Geo.
Belchardt, J. K. Brodle, A. Schader. Juo. G. Fletcher.
K. Y. C0BBB8PONDBNT8. Donnell.LawBoa & Co.

T. K. Skinker,

Capital, $500,000,

&arke,Cor Ennls, W. M. Rice,

Box

CASH CAPITAL

CIXY BANK OF HOUSTON.

Houston,

T. O.

Loan Agency, JacksonTllle,

Illinois

Transacts a general banking business, and makes collections on allpolnta In the South and Southwest at

Correaponient

*hall

GoTernment Bonds.

Sight.

Twelve Per Cent

Solid

l4lTTI<B

Leonard,

DALLAS, TBXAS.

•rilB

;

s

Frealdent.

BANKERS
N»w Sork

National Bank, and Oilman, Son & Co,
Wells. Fargo & Co.'s Bank, San I rancisco

Tradesmen

Chas. F. Pknzsl, Wir. Kirtkn, CresdT.

parts of the United States

&

Adams

$2S0,000.

TWELVE

The

WII.iniN«T<t>N, N. C.
made on

Q. Collihs, Cashier.

While bonde and stocks are the footballs of brokers
the BoliH Illinois and Missouri TEN TKIl CcNTS
(semi-annually at tne American Exchange National
Bank, New Vork) and our choice Kansas

N. B. A.
California, and

We
In

OF DENVER, COLORADO.

'Central

Collections

B.

tion.

reference to

$6,000,000.
1,550,000.

for non-residents.

CORRESPONDENTS.
Loudon— London Joint Stock Bank.
PABia— Messrs. A.& M.Heine.
Niw ToBK— The Bank of New York,

National

Seligman&Co.

Special attention giren to Collections, and to th
investing of money on lirst-ciass real estate security

Transacts a General Banking Business. Collections
made free of charge.
Especial attention given to Collections, and Prompt
itemUtances made. Exchange purchased on all points
the United States and CauadM.
Sterling and francs bought and sold.

First

& W.

Capital Stock,

Bank

ORLEANS.

K. B. BtjRBnss, Pres't.

J.

NRW WORK.

We giv« particular atteDtioQ to Dibbot DEiLivtf
IN Gotbrnmbut Bonds at cusbbnt uabkbt batrs
and are prepared, at all times, to buy or sell In large
or small amounts, to suit all classes of Inrettors.
Orders by mall or telegraph will receive careful atten-

The Exchange Bank

(FoBMBRLT Louisiana Statb Bank.)

San FBAN0I80O— Ihe Bank of
Nevada Bank of Ban Francisco.

Office, 422 California St.

FKKD'K F. LOW.
Ui.n.„,,.
IGNATZ STSINHART.S''*'"^"'L LIENTHAL. Cashier.
Bbbbt, President.

F. J

Capital, $850,000. Iilinlt, $1,000,000.

NEW

Bank

Transact a general Banking business. Issue Commercial Credits and Bills of Exchange, availahie in al]
pa- ts of the worM^ Collections and orders for Bonds
Stocks, etc., executed upon the mott favorable terms

Cashier.

State National

AgenU,

& HATCH,

FISK

BANKERS,

Angel Court.

Office, 3

Authorized Capital, •
Pald-np and Reserve,

at

Southern Bankerr.

Oead

SAN FRANCISCO

NEW YORK

solicited.

INDIANA.

Financial.

No. 5 NASSACJ ST.,

(LIMITED).

Jones.

OF

INUIANAi'OLIS,

:

liONDOX,

VIKQINIA BECUUITIKS

Bell

h\

$300,000,

Co., Anglo-Calitornian

COBRBBPONDBNTB— McKlm BrOtuCrs A UO.

and Davidson

-

Western B anker i.
THE

tpeclalty.

Correspoudenne

for Sale.

& Hannaman,

Smith

DIRECTORS J. E. Wallls. M. Quln, B. S. Jemlson
Geo. Schneider, U. S. Willis, T. A. Gary, W. K. McAlplne, D. The Ayers, J. Bernstein, J. S. Gilnnan.C. L.
Cleveland, Peter B. KThard, J. A McKee.
Soeoial attention given to collections at all point*
n tlie State, and remlttaucee promptly made, withoiii
any charge except custom'ar rates of exchange.

BALTIITLOKE.
and

left

t.

GALVESTUiN, TEXAS.

BAMKEUS AND BKOEKRS.
INVEUTHENT

mo.

ST. LOUIS,

33 Wall Street.

Wilson, Colbton

Co.,

BANKERS AND BROK EIR S

Souita-

W. K.McALPiNK.VIce-Pres
N.O. Lautk, Secretary.

Catih Capital,

Baltimore Backers.

Sl

York;

Texas Banking & Ins. Co. INVESTMENT BROKERS,

OOUUBBOIAL AND ClSCULAB LKTIBBS OP CkKDIT
asDCD ATAILAOLK IN ALL PABTS OK TUB WOBLD.
EXOaANSX
and OTBBB OONTIHBKTAL
,tN LONDON, PaBIB,

Office,

&

Love

81.)

& Co.. New

Cash advanced on Stocks and Bonds

KOSTON, MASS.

CiTIBft

Box

Uefersto Beery Taluiadge
rn Bank,&avAanali. Ga.

liivestnient Securities coostantlv on hjinr.

New York

mo.

ST. Lovis,

Special attention paid to collectlone, with prompt
ou day of

reipittancei} at current rates of excliaiiye

J

Bottou, niaM,

B. V.

Co.,

BANKERS,
MOBILE, ALABAMA.
;

Co.,

CONGRESS STKiiET,

Stocks, Uonds, Gold

Id

s.

W. MH.I.BU

J:(0.

&

Thos. P. Miller

BANKERS,

Dealers

WILLIAMS.

pay ni eat.

Brewster, Basset
No. 35

B. D.

18, 1876.

Western Banhe

Southern Bankers.

Boeton Ban'^ers

Parker

LMach

ATTORNBY-AT- LAW,
ST. LOUIS, OTo

41T OIlTe Street,

RAI£.TrA¥ STOCKS, BONDS dc GOLD.

INTEREST ON DKPOSITS.
WASH'N

R.

VERMILYE,

JAS. A. TliOWBRIDQE.

|

Gargiulo

DONALD MACKAY,
LATHAM A. FiSH.

&

Co.,

BANKERS AND BROKERS
Nos. 4

fSF" Special attention given to the collection o

MUNIGIPAI. BONDS.

References— J. li. Llenberger, I'res't Third National
Bank, St. Lonls Wm. li. Waters. Prest Second Nat.
Bank. St. Louis Ednard P. CurtlSjCashier Nat. Bank
of the State of Mo., St. Louis Wm. H. TbomBOn,
Cashier Boatmeu'a Saving Bank, St. Louis,

|

&

6 Broad
NEW YORK.

Street,

Stocu, Bonds, Qold and MlscellaBeotuI Securities

;

;

bought and sold

strictly

on cotomisaion. Orders by

;

mall or telegrapn carenuiy atieuaea to.

:

Maich

18,

IHE CHRONICXE

1876.J

ui

Finanoial

Financial.

Financial.

Drexel, Morgan & Co.,
WALL STRBKr,

REAL ESTATE
MORTGAGE BONDS

COKNER OF BROAD, NSW YORK.

&

Dresel
No.

BoCTH TniED

34

Drex«l, Harjes

Co.,
St.,

Capital,* 1.000.000,

SccurltteB.U'ild.

Draft.

suliji^ct tu

Alfuws intrreHt on (Icpoulu,

ACibungbt audaotd oiiComiutsiiion. luiereKt allowed
ou oepuuitB. ForelifD ExcbaDge. C'omtuorclal Cedlts.
TraTulera,

Circular Letter* for

Cable Trauafera.

available \u all parts of the world.

ATTOBITBYB AND AOHHTS OF
llleaara.
No.

n

jr.

8.

mOKOAN

OLD BROAD

ST.,

Broad

3

Notes

Circular

Issue

Travelers;

for

and

it

Money

li

ft

al

le

{

EXECUTIVE

Amos U. Kno,
Frederlcic H. Coialtt,
Isaac N. Phelps.
Edmund W. Corlles.

Jacob D. Vermllye,
UeuJ. 1>. bhermao.
Sam'l D. BMbcock,
Martin Bates.

Letters

of

also

Samuel D. Babcock,
Jonathan Ihorue.
Isaac N. FIihIub,
JoslahM. Fluke,
Charles U. Laudon,

Kumuad

Fr-'derict' H-Coesitt,

William H.AppletoD,
GU'tav Schwab,
David Dows,
Ma-tln Btttes,

I

Peny

Wiltlimi Allen Batter,

it.
yne,
Charted Aberuelhy,

Henry F.

G &

^1,000,000 CAPITAL.
THK8K URAL KSTATE UOKTUAUK BONDS AKK
COMMENDED TO TUK ATTENTION OF
THK M06T

CO^J^ERVATIVE
fitrHt—rUcY have

tlie

IIVVEJiiTOKS.

ladlvldual

liability

of

the

maker.
aS«<,omi— Ewch boDd Is a«CDred by a flrst morteaee of
real vslute of not less than double Us value.
TfUrd—The prompt payuient of both principal and
interest of evuiy bond In Kuarantved by tfils Company.
The Company KuarHutuclnK tncxe BundH rerelves no
dopOBitfl, oweit uo money, hikI Incur* no oblifjatiuns of
any cliaractci except those arising from such KU'fanty
thereby keeping Its whole caiiftal of one Ml. lion

Dollars uiilniiiaired.

Jacob J), Vermllye,
Geo. Mat-cullcch Miller,
KoHwell Skeel.
A. A. Low.
Adrian Uclin,
AmoB u. hno,
harles «. Francklyn,
William H. Webb,
J. Ple-punt Morgan.

JsmesP. Wallace.

;

THK

TO MKKT AT ALLTiMK^

the

frompt pavincut of bulh principal aud Interest of

B'MiJnni n B. t^herman,
e rue W. i.aue,

VV.Corltes,

AND DRAW EXCHANGE ON
Morton, Uosb & Co., - London.
HOTTINGUER & Co., - - - ParIS,
- Amsterdam.
iloPB & Co.,

S.

COJtMIJTAJ!.:

BOARD OF TRmTEKS.

;

'

Kxeculor,

uattif?. Likeduputiltury for iiion>-y jtaul into Court,
Jinlv duals. Flrnu aod
Societies seetclne income from money Id abeyance, oat rest, will Unn snfety and adTaniut;e In thfi laatttutloa.
F. SPAULDINO, PrCiWent.
BKNJ. U. 8MBUMAN.
)
Vice

win,

or by urtler of any HurrKgaie.

KKEDEriCK H. COSSITT, Pre»tdeuU.
H.P. UABCOOK. Secretary.

Commercial
Credits available in all parts of the World.
Negotiate First-Class Railway, City and
State Loans Make Telegraphic Transfers
Credit

od demand,

C.

N. Y.

St.,

roTiiniMblt!

a itlionzi;U tu net nn

or
AtimiuUtrtitdr. tJuunllftn, Kecoivt-r, or Ti

LONDON.

Morton, Bliss & Co
Bankers,

U

Al Bpec;lltiil dat«8.

HKNUY

CO.,

&.

Blf

Equitable Trust Co.,

Boalevard Uaussmann

31

Pbiladalphla.
ParU.
DOMESTIC A^fD FOREIGN BANKERS
DepoaltH received

OUAHANTKKD

& Co

t

hese Bonus.
All inortKages securlnK the BAnds are formally ap<
proved by the following Executive Board:

HOBEHT L. KKNNKDY,
SAMUKL WlLL,KTa.
WM. UKMSKN.
CHAS. BUTLER.
HENKY P. HAVEN.

ADIIIAK ISELIN,

JAMU6

A.

UaoskVELT,

EUOKaE KELLY,
JOHN D. MAXWKLL,
0U8TAV H. RISSKLL.

These Securities bear S-rven Per Cent Interest payable semi annually, and sre oflered for sale at one
hundred and two and liit- rest ^t the otllce of the
EquiUbl,: Trust Company, Nob. 52^54 Wllllan) street.

JONATHAN EDWAHUS.

Spauldtnif.

President.

THE NEW ENOLAIVD

THE

Vortgage Security Co.
OFFERS FOR SALE, AT PAR,

G, C. Ward,

SEVEN PER CENT TEN-YEAR BONBS

aQEMTB FOX

8BCUKED BY

BtRING BROTHERS & OOmPANY,

FIRST MORTGAGES Of IIVPROVKB
REAL ESTATE.

WALL 8TREBT. NEW YORK,

fia

US

tt'lAI'li

OP THE

STKlrCT. BOSTON.

con.

J.&W. Seligman&Co.,
OOKNKIt UltOAD 8TKKBT,
('<8ue

NEW

i

special (iepoHtta retnatuijiff /itx
Acta as '1 ru.tee for esistcs.

ORK.

JOHN

Letters of Credit for Tiarelers,

money on Kurope and

THREE PBK CENT IntereH per annum
PER CBUT InUreit per annum
D.

on

C.

UliUIKSHANK,

on

monthn or longer.

MANOAM,

It.

President.

Secretary.

Security AKalust Fire

and Rebbers.

Central Safe Deposit Co.
No. ^3 Weat 23d

California.

.street,

(Maionic Temple Bulldlug.)
under guiranPi Ivate offices for Banks and UHUkers out of the
Separate rooms tor Lady Patrons.
KLLWooD B. THOltNi-, President.

8AKKKKKPING OF VA1.UAHLKS
tee.

AQKNCr OF

city.

Bank

Merchants'

Ulface hours, 9 A.

DMUMD

OF

D.

6 P.

M.

BOWKLL W. BIOKXKT

WILLIalC

Canada,
WALL STREET.

ea

M. to

BANDOLPH.
J.

BLACK.

$9,000,000 Gold.
"
8,128,626

Capital
Fald np,

Kxchange bought aud ao'd. Commercial
Credits granted, Drafts ou Canada Issued, Bills collected, and other Banking buslneaa transacted.
Bil;i of

'Vew-Vot*^

xJOQAwMMi.

''/^/aDos*^

INGRAM,

LONDON AGENCT,

Sit

Lombard

St.

EWEN & TUTTLE,
BANKERS AND BROKERS,
62 Broadwar and Zl- New Street,

Buy and sell Stocka, Bonds and
lataraai allowed on depoalta.

Uold on eommUslon

Levy & Borg,
/>3

UttUKBB

ExchanKe Place.
D DEALBBS IN ALL KINDS UF

^OtlTllBRN

&

Greenebaum
1

Bros.
Co.,
BANKERS,
Nasaan Street, New York,
(CoBHiB or Wall Stbibt.)

CHIOaUO HOUSE: HBNKY OKBBNKBAUM * CO
Isaae Bills of Exchange, Travelers' and Commercial
Credits, also Telegraphic Transfers of Money, arall
able In the leading cltias of Kurope and the United
SUtes.
Deposit accounts received on favorahla termi.
We oSer for sale a limited amount of

Per Cent Bonda,

Due 1890.

Railroad Bonds.
WHITE TO

The l^Bue of Bonds is limited to one-half ihe amount
of th«f same class of iionds ever itsued under a Uke
Guarantee.

The security of each Bond Is not confined a to single
MortgdKe. but extends over nil the Mortgages owned
by the Compa ^y. This Company receives no depocits,
Kuaraut es no other iecuntlea, and hai no other debts
than Its bonds, its Mortgagee are of like character to
those which h.ive bet-n bouRht In the last tweaty years
by IncMvidnals, Life Insurance Companies and other
Corporations, to the amount of more thun Fifty Millions of i)ollar«, proving a most secure aud satisfactory
invt stment. 1 he Loaus are all upon Improved Farms
in some of the most fertile Western states, near the
Railroads, with short and perfect titles, aud average
less than $650 each, upon property worth nearly four
times their amount. Kzpertence has prov<'d that wc'lsele ted Mortgages upon thli class of property are
Ealer than those upon city properly either lu the East
or West. They ate notaffected by Kirea, or by Buslneaa
revulsions; Principal and Interest »rc more promptly
paid; and upon the su cess of Agrlulture depeatui
that of almost every Induitrial inveatmeut.
SALTON8TALL. President.

DISBOTOSS:

SECURITIES

HASSLER

43 inUk Street, Boston.
Thcte B Dds are commended to the attention of the
CONSEKVATIVK INVf.BTiMtS. as they are
believed to be as perfect a security as c»n be obtained.

MOtir

SELL,

* CO.,

No. 7 Wall Street, N. T.

T. Jeilerson Coolldge,
John P. Putnam,
J. B. Uphiun.

Charles L. Flint.

AND RtlSCELLANEOUS Weat Ohlcaco Park T

WHETHER YOU WlBH TO B0Y OU

t

Amos

JoUN Uwkn.Jk.,
William P. Tuttlk,
Member&tock & Gold Exch. Member Stock Exchange

!<«.

Interest Coupons payable •emt-aniu liy.
Bonds
registered to orde**, or payable to bearer at optloD.
Accru'd Interest Is not requlrMi ro be paid by parcharier, the i.ext*due Coupo
Uvvk staraped bo as to
denote th.it Interest begluH at the u.te of purchase.
A Pamphlet wlih full InrormiUiou will be sent on
application to the Company's Office,

FRANCia A. 06B0RN. Treunrer.
tiok-pbksidkmtb:
Geo. C. Richardson.
A. Lawrence,
Thomas Wlggleawortli
James L. Little.
Geo. P. Upham.

I

J.

1T«

HKNKY

WALTER WATSON, [Agents.
.„-,,
WM.

BY

CAPITAL. ISTOCK OF $5OO,O0O«

Inveated In United Statei QoTernment Bonds.

Paya t OUR

Payable In auy p.irt of Europe, Aala, Africa, Aaatr-illa
aud America.
Uraw Bllla of Rxchange and make telegraphic trans*
'era of

QUAKANTEED. PRINCIPAL AND <NTEUK8T.

81.,

«1,000,00«.

Dtpovtts subject to check at nigtu.

KXCHANGB PLACB,

£9

PAID-UP CAPITAI^
Pai/s

BANKERS,

NEW VORK,

OF

r.lTV

BROADWAY it WABRBN

pages, containing 14 engraved Illus-

trations, with

INFOISMATION FOR STOCK SPBCDLATOB8.
paper covers free.
lOc., cloth covers
A: CO.,

Price

TDmBBlDOE
and Brokers,
;

Baakeia

»"ltOBStall,

OOUKBKL
Hon. Henry W. Paine. Boston.
Simeon E. Baldwin. New Haven.

The Brooklyn Trust Co.
Cor. of Montagne

i

Wall at., K. T.

* CHnton sts., Brooklrn, N. 7.

CAPITAL,
This

laoojxn.

Company la anthorixed hy spedal

charter to act

aa receiver, troatee or guardian.
It can act aa agent In the sale or management of rea
eatate, collect Interest or dividends, receive r«rjatr7
and transfer boo Its. or make purchase and sale of Ooveriunent and ather s«carlties.
Religious and charitable laatltutiODS, and persou
nnaccuBLoined to the transaction of buslnesa, will And
this Company a safe and convenient depository for

KIPLSy BOPBS, President.
CHAS. B. UAKYIli YlM-Pai U

money.

Wall Street Caricatures.
A new book, 48

Henry

Charles L. Young.

Henry Banger! Alex. lleCna,
Chaa. R. Marrin, A. A. Low,
B. BaylU, 8. B. Chittenden,
Thomas Sullivan. Dan'l Chauaoey, Kdward Harvey
U. K. Pierrepont, Joslah O. Low, JametD.riali,
Alex. M. Wblte,
John Halaey,
Wm. B. BUNKSB, S««rM*a
J. 8.

Rockwell,

W.C. Kingsley,

John P. Kolfe,

"

Abm.

6

:

T

THE OHRONIOLR

IV

[Marck

.

Financial.

FOK BWINe on

Ttxas

Financial-

MERLIN'S

H. C. Williams

Securities,
Municipal or Railroad,
ADDRESS,

No. 7

WALL STRBBT, AND

CO.,

tc

&

Co.,

BROAD

We

do

Martin Lewis,

&

&

I

.

;

;

itauk, Itoittinore.

CI.F.VELAND COLOJinBITS CINCIN
'NAT! ic IXniA.MA HOLIS RAILWAY CU.IIPANY CONSOI IDAXEt>

MORTtiAUE BONDK

la accordance wilh tlie provisions of the above
Ho: ds, we. II e underiigi ed, iiereby give notice that
Hie following numbers, vis.:

5,560

3,920
5,132
5,664
4,234
5,557

5,447
5,098
5,349
5,164
5,039

being one per cent of ;;,500 '^ondi outstindlng. uere
'ills day tiefitinated in our presence to be redeemed,
toieiher witli the accrued inli-rest tli«ie.in, as proV ded in said Bouds, at ttie oflice of Messrs. Drexe',
Morgan & Co.. in New « ork, or at tlie olUce of Messrs.
J. 8. Morgan & C*., in London, on the Ist day ot June,
1876, at « bleb lime inteie.t on said above uesUuated
Boiid» will ceaHe.

Dated March

17

70
80
76

1st,

&

No. 11
No.16

15
IS

& Mississippi, Ist
Logausport C. A Soutnweatera,l8t
Missouri Kansas & Texas, Ist
Lake Superior
Mobile

& Ohio, bterllng, 8b, wl

do
do

do

22
10
60
41

h cf

8b, ex-r;f

41
20

Interest Ss
Montclslr Rli. of N. J.,l8t

8K

New Haven M. & Willimantlc, Ist
New Jersey Midland, 1st
New Orleans Mobiles C. 1st
New Y'ork & Oswego Midland. Ist
do
do
Northern I'aclflc, 7 3-108. Ist
do
registered

iBt

Uockford It.
& ht. l.oui8, 1st
Southern Minnesota, lat
St. Josephs U, over City, Ist, E.U
do
do
1st, W. 1)
Texas & Pacldc. L. G

West Wisconsin, L.
do

G. T.

30
i2
40
19
5
18

London.

Bonner &

CHAKi.ES
flERi

Attest— Davib

EDWARD

(t™.,»„.
l™»tces,

TltACr.

(

ONT MORUAN.

W.

of Drexet, Morgi n
Peioi!, Notary Public.

&

Co.

C. C. c. A I. RiiLway Co ,1
CLkVBLANo, Marcli 17, 1876 (
of the tionds designated as above are
hereby notihed thtit the same will be palJ at t he places
uaineii, on the Isc d^y of Juae next, from which time
interest t..ercou will cease.

OF^ica or THE

CHlOAOn MlLWAUKKK &
CosiPANT, NO.

6j

Nkw

ST. PaUL Railway^
RAILWAY >
William Stbbkt,
BBKT,
V

Tobk, March

16, 1878.
:

Is

1874,

and a

iaga of 187S, said dividends to be paid on the 10th day
of April next. In the consolidated ainklog-fond bonds

of this company.

books will be cljseil on the 23d day of
P. M., and re-opened on the 10th day of

ira sfer

Jlarcli, at 3

April next.

JULI08 WAD8W0RTH,

Vice-President.

PACIFICBAILKOAOOF
stockholders are

eforo
tbaaot. iii8l.,aielr proxies fur the eltctlcn ot Directors to taHe plHCe i,t S(. Lou-s, on
^7lh
March, to the Stookhotaer.' Commltiee, No 27* William street. Room No. 6 (where blank proxies mnv be
hail), also, to pay iho aisesscment of 25 rents pur
haie to the Finance >'om iiittee. at It L. CUITING
Ja., 4 CO.'S. No. i» William street. In the event oi
any adjustment of axlsting migat|on,lhe Committee
will not consider them-eives bounu to defend the
Interest of sujh slockhulders as do nit eive ti.em Uielr
»ui;P>>rt.
K. A. OTIS, Secretaiy.
'
I

MONDAY

Msrch

14. 1816.

TKKASUBY DaPABTMINT.
OFFICE OF COMPTROLLKB OF TUB tURRkNOY
WABBlNaxOM, Kebruary25, 1876 ')

'I'HK CIHCDLATtNiJ NOIKS OF THE
L FIRST NATIONAL BANK OF 08CE. .LA
IOWA,

will be

redeemed upon presentation

at the

^

Treasury of the UnKed States, In the i:lly of WaaiilnetOn.D. C.
.JOHN JAY KNof,
Comptroller of Currency.

SON,

&.

PINE STREET,

NEff^

YORK.

Albert H. Nicolay

& Co.

stock Anctioneers and Urokers,

PINK STREET, NEW VOKK.
tW KEGULAK AUCTION SALES

No. 43

or

STOCKS AND BONDS,
Every Monday and Thursdaj;, or
Special Sales

,

Made on all otukb Days,

UPO^ ONE DAY'S NOTICE. WHEN RKQUIKKD

Our EstabllHhea Cnstom 24 Vears.
^y" Stocks and Bonds bought and sold at the New
York Stock Exchange, and at p; ivate sale, en commts
Blon.

|^~

Bectu-itles

not dealt In at the Stock Boards a

specialty with this house for

tV Flrst-claas

many

years.

Municipal Bonds, Kallroad Bouds

and other incorporated loans negotiated on

liberal

terms.

INVESTJTIENT BONUS.
FOR SALE.
Louis Gold 6 per cent Bondis.
Cincinnati 1% and 7.:iO Bonds.
Cleveland 6 per cent Bouds.
Louisville 6 and 7 per cent Bonds.

St.
15
10
28
60
60

58

WANTED.

County, City and Town Bonds of Ills., Iowa and Wis.
Claims on Jay Cooke & Co.
New Jersey Midland Kallt-nad Bonds.
N Y. »& iBwego liaiiroad lleceiver's Certificates.
Danville Ui b^ua & Bloouiiogton Kallroad Bonds.

Co.,

stocks, Bonds, and Government SecurUies hougnt
and Bo;d on coinmiusloD at the New Vofa mock Excbauice.
Deiilera in h11 descriptions of Bo;:d8
Securities

1

.

IV
^

M. R. UTI.EY,
4 Wall Street, New
...

Vork.

"

PROVEMENT BONDS.
October.

and InvestmeDl

Tbecorrespondence of Uankera and Broken throngbout the country boHclted.

Funding of Southern State Bonds.
We are prepared to fund Bonds of the following
Soutliern States, In accordance with their several
Funding At-ts, upon the must reusooable terms
possible

ViBGlNlA, LOUISIANA, SOUIH CAROLINA
•SBNNESSEE.

.

Stat« Bonds.
Looislana State Bonds.
South Carolina State Bonds.
Texas State Seven Per Cent Thirty-Year Bonds.

FOR

SAIiR.

BONNER &

CO.,

20 Broad Street,

New

Vork.

THE NEW JERSEY & NEW YOKE RR.
(CouBolidatl n of the Erie liailroad branch to
HuckeDBack, and conctnuoua roads.)
$200,000 of the First Mortgage T per cent
gold bonds liaving been negotiated in Europe lately,
only the remaining portion of $180,000 of the
bond! are ollered, at an advance iu the price to 95
and interest.
The bonds will be re-pnrchased at same price at
any time within one year, and contract given to that
effect, the company maintaini"g funds in trust for
that purpose with
ROLLINS lillOS. ^fc CO.,

& Broad

McKini Brothers

sts.,

New

&

N«w

York.

Co.,

and

1905.

WATER BONDS.
September.

March and

Interest

Due Sept.

1,

1903.

FOR SALE BY
DANIEL A. noRAN,
40 IVall

J.

C.

Street.

Che w.

DBALKB IN

INVESTMENT SECURITIES.
and

Texa^ Lands and Land Scrip for Sale.
FINANCIAL AGENT OP THE CITY OP HOUSTON, TFXASj And
DNITED STATES CENTENNIAL COMMISSIONER FROM TEXAS.

OFFICES:
2<„

BROADWAY, NEW ¥ORK.

Winslow^, Lanier

&

Co.,

BANKERS,
27

PINK STREET,

NEW

YORK,

Receive the acconnta of interior banks, bankers
corporations and Hercbanta.
Agenta for the sale of City, Oonnly, and hailroatf
Bonds ; Issue Letters of Credit for foreign travel.

LONDON CORRESPONDKNTS

BA.NKEBS,
4T Wall sireat,

I,

Municipal Bouds a Specialty.

Chicago South Park Bonds.
New York to Oswego Mid. KB. First Mortg. Bonds.

Cor. Wai;

Interest April

April

Texas State, Railroad, County

Vtrginla State New Consol. Bonds.
Virgiuin State Deferred Stock.

G. T,

Dne

LONG ISLAND CITT SEVEN PER CENT

Alabama

nilKSUIIKI

hereby uollBed to send.

H. ]tIlJL,LER

ELIZABETH CITY SEVEN PER CENT IM-

further divideud of |I per share out of the net earn-

The

No. T

WANTED.

hereby given that a dividend on the pre-

been diclarcd out or the net earnings of

ADRIAN

u

BANKERS AND BROKERS,
No. 20 Broad Street, New Vork.*

DIVIDBNB NOTICE.
Notice

classes of

ON

S

ferred stock of this company, of $7 per share, has

all

WEDNESDAYS AND SATURDAYS.

19

The holders

GEO. H. RUSSELL,
Treasurer C. c. 0. * I. Railway Co.

of

STOCKS AND BONDS,

59

vo
Si

G., 1st

Interest payable In

....

25
40
S5
18
3
17
16
56
17
9
50
12
7

2d

Peoria & Rock Island. 1st
Port Huron & Lake Michigan,

73
20
15
25
12
6i
43
43
2i

IS, 1816.

HENRVK. VAIL
J.

11

65
Kansasl'acihclst, 7s. M. ft N., unfunded
75
do
1st. 7a. J. & J.
do
.. T!
do
Ist.es, Feb
Aug., funded. 72
no
1st. IS, J. & D.
do
.71

do
do

;

3,71-2

2d

Extension.. 15

LOANS NEGOTIATED.

4,814
5,573
S,«62
6,184
5.116

60
87
13

International Rli., lat

Refers by perinl«sion to Met^srs. M. K. -lesup, Paton
& Co., New Vurk Messrs. Soucter & Co., New York
Jon.S. NorrlB. >-sq.. President Plrst Nattona] Bank,
Ifaltlinore
Uobcrt Mickle, Esq., Cashier Union Nat'l

5,TS3
4,406
S.731

106

.

do
do

RBGULAR ACOriON

hold

SALES

87K
85
80

&

&

County Bonds.

100
4,593
4,104
4 963
4 662

12

Bi
30
46
24
47
67
89

&

&

undersigned

•

51

30
75
70
69
83
36

*

do
do

ST., N. V.

Securities ot Solvent and Defaulted
RR. <:o>a, also state. CItjr and

fi

Asked

-19

.

DKALKB IK

TIMK.

Bid.
..

Milwaukee Dlv....

2E
Cairo 4: Fulton, 1st
7a
Crnada Southern, Ist, couDon
61
do
let, registered
65
Central RR. of Iowa, Ist
!6
Chesapeake
Ohio, 1st. 6s
34
do
2:1. 7s
do
S
Chicago
Canada Southern, 1st
36
Chicago Clinton
Dubuque, Ut
20
Chic. Dauvllle
Vincennes, Ist, Illinois Dlv. 45
do
do
1st, ndlaoa Div. 22
Danville Uibana B.
Peklu, 1st
45
Houston
Great Northern, Ist
65
Houston <b Texas Central, Ist, Main Line.
88
do
do
1st, Western Ext. 65)^
Flint
>>ere Marquette, Ist, cons
30
Evanavllle T. H.
Chicago, Ist
75
Grand Itaplds Indiana, 1st, L. O., guar. . .100
do
do
let, Ex. L. G.
.
54
Indianapolis B.
Western, Ut
85
let,

&

PINE

The

RAILWAY BONDS.

quote as follows—
« Minn., Ist, Minnesota Div..

&

QUOTATIONS FaRNISHED.

43

1>«AL»»9 IX

.

&

Exchange.

Special Attention to State,
(Mt]-, roniitr and Toivu llouds, and
Mecurltle* ef defanlted Railroads for
wlilch there In no regular market.

3.

BONDS

and

At Auction.

Stocks and other Securities
receive personal attention at the New York Stock
Bxcbatigc. Good Rail waT Bonds not regularly qaoted, and those In Default »t Interest made a Special Brancli ol Our Bust-

do

give

Room

STOCKS

Orders for

We

Government Secaritles bought

nd sold at the New York Stock

Co.,

New York,

Burl. C. R.

NEW YORK.

8T.,

&

ness.

STOCK BROKERS,
30

\irall Street,

STATE, crrV&

AUSTIN, TEXAS.

Kdward C. Fox

Stocks, Bonds and

49

,

A6'i*.iP,Sv'-l

FORSTER, LUDLOW
BANKERS,

Financial.

BANKERS AND BROKERS,

WaBTHlS
tate, Conaty,

18, 18:

Tork.

CITY BANK, TbreadneedJ*

Street.

kmm
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES

SATURDAY, MAhCH

2i.

;i.

.-

O N T

fc

r

la

legal tenders were always ample.
A week ago it would
have seemed as ridiculous to have suspected the stability
of this respectable old banking corporation as in Txtndon
before 1866 to have doubted the solvency of Overend
Gurney & Company. Even last Saturday the greenback
reserve was reported at |11,095,500, with $325,000 of

THB CHRONICLB,
The Slate Bank
and

TUe

ii8

New York

of

Troubles

I

265

State lieEislaturo and the

Savings Banks
Sllvnr Kesumtitlin
Su^Kcstions for Cotton Planters

The Centennial
Latest Monetary &nd Commercial

|

|

266

;

867

1

363

|

Kews

English

Commercial tnd Miecellane'ous

News

THK BANKBR8' QAZKTTB.
Miney Market,

D. S. Securities,

I

Kaifwuy Stocks. (4old Market,
Poreit'n Rxclianire.

.

282
182
S85

..

€

specie, giving a total of $1,420,500 of lawful

against $2,855,200 of deposits, and $247,900 of circula-

218

tion.

COMMKKCIAL TIMB8

Commercial Bpltome
Cotton
8rcad'!tnl»«

•273

m

276

Local Securities.
Investment and State, City and
Corporation Financea
.. ...

tMty ItaT^ki^, Boston Bank?*,
Philadelphia Bar.ks. National

TUJB

Banks, eic
..
yuotntlons of Stocks and Bonds

New York

New York

Dry Goods

386
2S8

Prices Current.

Tiitf OoMMBKctAL AND FiNANCiAi. CiTRONiCLE is iuued On ixUurdiiy morning, with the latest newt up to midnight of Vriday.

sails or SUBSCaiPTION-FATABLX IH ADTAHCS,
The Commbroial ako Financial Chboniclb,
For One Year (Including postage)
$^3
r

2"*

ForSii Months
« 10
Subscriptions will be contlnaed nntll ordered stopped by a wrUten order
r>r at the pubHcation ofUce.
Tlie Publishers cannot he responsible for Remittances unless made by Drafts or Post-Offlce Money Orders.

AdTcrtlsemeiitH.
Transient advertisements are publl:»hed at 25 cents per line for each
but when delnite orders are given for five, or more, insertiona. a
liberal discount is made. No promise of continuous publication In the beet
place can be given, asall advertisers must have equal opiJOrtunitles. Special
Notices in Banking and Financial column fiO cents per line, each insertfon.

insertion,

London Office.
of the Cbroniclk is at No. 5 Anstln Friars, Old Broad
where subscriptions aie iaKen at the following rates
Annual Subscription to the Chronicle (including postage)
£2 2s.
Six months' subscription
1
38.
irnxiAS B. DAHA,
WILLIAM B. DANA & CO., Publisher*.
/OBK a. FLOYD, JB. (
79 and 81 William Street, NBW YORK.
Post OmcK Box 4 59*.
The Limdon ofHce

street,

:

I

^^ A
cents.

Is furnished at 50 cents
for subscribers at $1 50.

neat file-cover

Volumes bound

;

postage on the same

is 16

—

1^ K complete set of

the CoM>fKBciAL and Financial Chronicle July
1865, to 'late— is for sale at the office.
Also one set of Hunt's Mebohantb
Maoazime, 1839 to 1871, sixty-three volumes.
t^ff*

The Business Department of the Chronicle Is represented among
New York City by Mr. Fred. W. Jones.

Financial Interests in

THE STATE BANK OP

Whatever

NEW YORK

KM

differences of opinion

With such a statement

as this

it

money,

cannot seem

strange that the report that the bank had closed

vfl,|)rontcle

he

NO. 560.

18, 1876.

ITS TROUBLES.

may

prevail as to

its

and had been suspended from the Clearing-llouse,
was received at first with incredulity, and then with
dismay. The masses of the people reason rapidly under
the pressure of such a shock, and there was a general
disposition to jump to the conclusion that if this bank
had fallen others would also succumb, and scarcely
any one was safe.
The whole National system
of banks, it was contended, must be weak, indeed,
if this institution was so.
Soon, however, the explanation came and quieted the incipient panic.
The general
doors,

alarm soon subsided when the shbstance of the report
Bank Examiner was announced, that by bad
banking the capital of $2,000,000 had been impairea
to the extent of more than a million and a quarter,
and that among the unavailable assets were overdrafts, protested paper, and loans to the Vice-President
of the

bank amounting to $230,000. The surprise and
dismay which at first prevailed were turned into satisfaction that the mischief had been brought to light,
mingled with complaints that the disclosure had not
been made before. We shall not dwell now upon the
details of this disaster, which will be found reported in
of the

another column.

some of the

The

Our purpose

lessons

it is

of these suggestions

first

is

simply to glance at

adapted to teach
is,

as

us.

we have

Baid,

the

weakness of our National banking system. Every financial
that in any banking system of modern times
there are three general directions in which to look for

other aspects of the trouble of Tuesday in the Bank of
the State-of New York, all parties must agree that it has

man knows

afforded an o])portunity for ob.serving both the strength
and the weakness of our National banking system. Here
we have an institution of high standing, half a century old, enjoying a distinguished reputation and numbering among its stockholders several bankers of this
city of great wealth and experience.
This bank, which
seemed to be so stable in other respeets, had a capital of
|l2, 000,000, with a sworn surplus, December 17, 1875,

the signs of weakness and danger.

One

is

in

the cash

any commercial country which pretends to
regulate its banking machinery does not take care that
its banks keep within instant reach an adequate supply
of cash to meet demand obligations, that country will
find sooner or later that its banking fabric is weak on
the side which is unprotected, however strongly butA second source of
tressed it may be on other sides.
of $400,000.
Tried by the ordinary tests of sol- possible weakness in any banking system is in the note
vency and strength, the State Bank seemed one of circulation. In England, Sir Robert Peel, in his legislathe most trustworthy of our moneyed corporations. tion of 1819 and 1844, applied an effective remedy to
Tts owners were known to be rich, its conservative this second cause of trouble, while the first is less
habits ot business were proverbial, its reserves of perfectly provided for, and will hereafter, no doubt.
reserves.

If

'

—
THE

266

CHRONIOI.E.

iM.rch 18, 1876.

give distinction to the name of 8ome future legislator of chief at an earlier stage. That the bank examiners
Great Britain. In this country both these evils are should be sufficiently numerous to go their regular rounds

provided with remedies. In regard to the bank reserves
and to the safety of the bank circulation, our National
system of banking is believed to be peculiarly strong.

among

the banks, twice or thrice a year,

which has frequently been expressed

an opinion

is

in financial circles.

From the facts of this case, it receives some confirmation
But there is a third cause of weakness, namely, that
THE STATE lEGISLATDRE AND THE SAVINGS
of " bad business." All banks are liable to have their
" The state of the savings banks," it has been said, " is
funds squandered in bad loans made by lazy, or corrupt,
or incompetent officials. This is, perhaps, the most fre- often the barometer of the financial situation." On this
quent cause of bank failures. It is the disease which principle, and with a view to further action, the Legislamost frequently proves fatal to individual banks, and ture at Albany ordered, some time ago, the publication
therefore if financial science or banking experience can of the savings bank aggregates of this city. The figures
Surprise has in
point us to any safeguards that can be used for the have evoked considerable criticism.
extirpation of this fatal malady, they ought to be put some quarters been expressed that the deposits this year
in force, and kept in force in all their wholesome and compare unfavorably, in certain respects, with those of
conservative vigor. How far this disease of " bad busi- previous years. The aggregate deposits show a slight
ness " aflfects the National banks throughout the country increase, but the amount deposited during the year,
"We have no adequate informa- including the interest credited, was only $80,900,863.
it is not for us to say.
"What is proved is, that a single bank had held As the interest was $9,859,148, it appears that the total
tion.
for some time a million dollars of unavailable assets, and deposits of the year amounted to $71,041,715; but the
no one suspected the fact except the inculpated officials. deposits withdrawn amounted to $75,086,606. It thus
"We have often insisted upon the duty of the Comptroller appears that over four millions were drawn out of
of the Currency and his examiners to keep up a vigilant these banks in excess of the sum deposited during the
search for such evils. The event we are discussing pre- year. Some of the stronger as well as of the weaker
sents this duty in a new light, and enforces it with savings banks in the city show a balance against
urgent sanctions.
them, the sums withdrawn being greater than those
But this leads us to consider, secondly, the strength of deposited. This is seen by the following table, which
our National banking system. That system partakes of shows the aggregate deposits held by the various banks,
the elasticity and power of adapting itself to circum- together with the amount received and withdrawn in
stances which is said to be characteristic of our other 1875:
If the weakness of our National banking DKPOSrrS AHD WITHDRAWAL!! OF BATINOB BAHK8,
SSCZMBEB, 1875.
system were much greater and its exposure to danger
Total
Deposits.
more imminent, it is often said that the inherent foroe of
Abingdon Square
$143,708
the banking organism would develop some new feature Bond Street
l,'?29,09(l

institutions.

THK TBAR ENDING 31ST

IK

Depotited
in 1875.*

Withdrawn

$138,866

$165,229

in 1875.

770,568

827,634

160,168

153,469

180,370

18,747

36,530

39,786

Eleventh Ward
Bqnitable (closing)

528,488

605,898

694,288

6,349

75,089

118,660

process was

Bicelsior

88S.8M

1,449,676

1,588,611

1,403,916

1,373,901

1,649,888

examiner, in

German

501,889

1,281,906

1,379,351

the regular course of his investigations, discovered the
misdoing.
He summoned the officers of the Bank.

Harlem

906,398

708.868

788,528

1,977,502

600,531

1,050,624

783,377

to cope with the

new

evil before us is fully

evil.

However

provided

Bank

of the State of

New

equally simple and efficient.

may

be, the

proved by the
was dealt with in

for, as is

swiftness and energy with which

the

this

it

York.

The

The

official

Clinton

KaetSide

Franklin
of Morrisania
..

Mechanics' and Tradere'
Morrisania

They failed to put the bank assets in an available shape. NewAmsterdam
New York
The facts were reported to "Washington. The Clearing Secnrity (failed)
House investigated the Bank and suspended it by an Sixpenny
"When suspended, the Bank, with a
folly equal to its previous mismanagement, closed its
doors, though it had in its vaults a million and a half of
lawful money, with other assets, amply sufficient to pay
all its debts and return a million of dollars or more to the
Of course, the appointment of a receiver
stockholders.
for a bank in such a condition was not to be thought of.
This is not, howe\er, the advantage we chiefly insist upon.
It is rather the promptitude with which the discovery
of the trouble was made. Of course, if the evil had gone
on unchecked, it would have soon grown to more disastrous dimensions. How, then, was it found out ? Its
disclosure was due to the fact that our National banking
system is provided with a detective machinery for the

Tentonia...
West Side

express purpose of bringing to light this kind of banking abuses. Of this machinery the chief part is the

drain

overwhelming

vote.

YorkTille

163,572

748,917

752.163

548,726

665,847

3,030,811

1,080,519

1,145,917

394,449

454,161

729,802

2,311,458

3,695,158

3,993,816

1,MS,3M

1,916,501

5,014,678

810,871

426,995

453,466

H»41

857,626

266,246

• Including interest.

It

scarcely necessary to say

is

above indicated

is

movement
known and obvious

that the

the result of well

Our savings bank system is the reservoir in
which a multitude of families store up their reserve
funds, for use in hard times. The operative classes of
the community, to whom these reserves belong, are not
causes.

Some of these men
work at lower

earning as large wages as formerly.

are out of work, others are paid for their
rates, while others again

wages

of those
is

who

have as steady and as large

"With the utmost economy on

as ever.

the part

are wholly or partly without work,

pretty sure to be

made upon

some

the accumulations

of the past; and as to the other classes of depositors

less wages and those who earn full
them have left the city, and the public
the country, to examine its condi- mind has been so violently agitated by the rumors of

appointment of bank examiners, who are accomplished those
experts in banking. Their duty is to go in turn into wages

who

earn

—some of

every National bank in

among

the savings institutions

we need

not

tion for the detection of just such evils as have here been

trouble

brought to light. In this case the Examiner seems to
have acted with commendable fidelity, and the only
question is whether if this officer were not so overworked, and if he could have visited the bank oftener
than once a year, he could not have stopped the mis-

wonder that they withdrew their deposits, even if they
On the contrary, if
replaced them in bank afterwards.

we

thfit

take a candid survey of the circumstances, we shall
ground for surprise that the depletion of the savings

find

bank deposits has not been more

active.

The

follow

;

Marc'i 18. 1876

THE CHRONICLE

!

ing table shows the principal aggregates for the last
three years, with the deposits antJ chief investments
AOSRISATE* OF NEW YORK SAVINdS BANKS, 167S-1875.
:

Total depotitr
Snrplas

1873.

1874.

187S.

$170,908,1%

1180,010,703

$184,188,816

13,03(1,576

I5,0S»,J79

20,687,1t3

Ca'honhand

4,756,0^

8,1J8,J74

4,161,508

Cash In bank, Ac
Bonda and mortgages
United States atocks
A.11 stocks and bonds at cost
"
at par
"
estlm'd market value..

8,4(B,796

10,435,M1

9,439.246

61.771 .561

04,9n,33S

65,588,887

80,31)5,600

88,781,506

46,184,f87

LoaiM on stock collaterals

97,336,579

103,380,185

106,913,810

96,306,108

101,591,880

105,«75,9<IO

99,9-12,815

108.839,645

115,326,320

4,161,307

8,479,308

3,616,954

267
much loss npon the general
To the inordinate multiinstitutions we must doubtless ascribe

perished without inflicting so

community

as

was expected.

plicity of savings

most of
last

their failures which hare taken place during the
four years. Another fruitful cause of trouble has been

whom

the incapacity or corruption of the officers

the

law in its present state appears incapable to reach and
adequately to punish for breach of trust. Of coni-se we

must

ijlso

bank troubles
and the approach of

attribute a part of the savings

to the perturbation of our finances

throw considerable light on several specie payments. But it is well known that an efticiently
bank system. They conducted savings institution is better provided than
the general savings other monied institutions with safeguards against such
illustrate the incipient efEects of
This new general causes of financial perturbation.
The State
banlc act which went into operation last year.
Legislature has done well to cause an e»rly publication
statement
complete
and
law enforced a more full
They now have to report of the foregoing figures, and if they will pass a brief law
of the condition of the banks.
all stocks and bonds at cost price, as well aS at their esti- requiring a quarterly report from every savings instituThese

statistics

points connected with our savings

mated market value and their value at par. This single tion, the aggregates to be published like those of the
by proper penalties for false state- State banks, they will confer a signal benefit, not only
ments, will prevent the repetition of such scandals as upon the savings banks and their depositors, but upon
provision, if enforced

have recently disfigured the annals of some ©f our the general public.
Another important change in the law
SILTER
concerns the call loans. The available fund for such

broken banks.

from one-tenth to
one-third of the total deposits, and was sometimes lent
on securities in which the bank trustees were personally
interested.
This fruitful source of evil has been remedied under the new law, which limits the available
fund for call loans to ten per cent of the aggregate
deposits, and prescribes the best securities as those which
alone are to be taken as collaterals.

It is

loans under the old charters ranged

The

this provision

full effect of

is

foregoing figures, for the simple reason that call loans

RESUMPTION.

mow

that the Treasury

has in

its

aboat 115,000,000 of silver coin r«ady for
issue, having made this preparation in obedience to the
act of 1875, and that the experiment of substituting silver
for the fractional eurrency is likely soon to be tried.
We say designedly " experiment," for, under the exist
ing circumstances, we can regard it as nothing else.
possession

By those who

favor the plan, not a

little

has been pub-

a more economical

is

currency than paper, and great prominence is given this
consideration, as if it were of paramount importance.
In support of the allegation of cheapness to the Gov-

ernment, figures are published as

the cost of

to

present fractional currency which, although
are

compelled to question,

because

not

is

it

the

official,

we

shown

whether the currency is made as cheaply as it could be
and whether the renewal »f it is not unnecessarily rapid.
act does not enforce a more frequent publica- We do not stop to discuss these points, however, as this

tion of the statistics of the savings banks.

publication ought to be

made

The

official

three or four times a year,

appointed at present. It would
conduce to the establishment of the public confidence, if
instead of once, as

the statements

of

is

these

institutions

were

published

quarterly with the reportn of the State banks.

Another point of interest
the proof

it

in

the foregoing table

portion of the inquiry

Were we

to grant

ceive that

present

All

we

all

of

is

that

the problem of

time,

would be

care to

say

is

very-little significance.

is

in

contradictory of
is

all

claimed,

silver

one
that

currency than paper, the fact
is

gives us that the investments of the savings

institrntions are

beliefs

we do

not con-

resumption, at the

step

nearer

solution.

a cheaper

if

silver

is

remarkable,

is

hitherto held,

and

is

for there

no better confirmed principle about money than that

preferring bonds and stocks, instead of the use of a nearly non-intrinsically valuable material

mortgages on real

There is no doubt that this
have always held that a
mortgage oh improved real estate, at a low valuation, is
one of the best forma of security in which to invest a
certain proportion of savings bank money.
But our
banks already hold the full amount to which the best
authorities limit this class of investment.
Moreover, a
considerable aggregate of real estate appears to have
is

known

not seen in the lished lately to prove that silver

have been unpopular with the savings banks as well as
nnremunerative during the last three years.
When,
however, the rates for money in Wall street rise once
more to a high level, the old temptations which led
astray some of our savings institutions in former years
will be prevented from doing similar mischief by the
salutary restrictions of the new law. It is to be regretted
that this

well

estate.

a judicious innovation.

We

fallen, during the year, by foreclosure or otherwise, into
the hands of the savings institutions.

Taking the whole of the facts together there is abundant reason to regard the present position of the savings
banks of

this city with satisfaction, or at least with less
of anxiety than appeared to be justified a short time ago.

There are, it is true, a number of weak banks over
which Mr. Superintendent Ellis will, of course, keep a
strict watch.
During the last ten years the rage for
savings bank organization exhausted itself, and most of
the iuperfluous institutions here and elsewhere have

for the great bulk of transactions

is

both (twivenient and

economical, provided only that ready convertibility inte
.

gold is retained.
Turning, then, from this point,

we come

to the

most

emphasized argument of the silver resnmptioniats, and
that is that silver payments will help us prepare for
resumption, and we are bound to consider this idea to
have been the reason of the silver clause in the Sherman
act of 1876; Mr. Sherman has repeated it in his speech
But is this conclusion so unqueswithin the past week.
tionably clear ? The Government is not in default on
the fractional currency, and never was; the bits of paper
bear no formal promise, but are made, by a sentence
on their backs, exchangeable for United States notes,
and this understanding has always been fulfilled. The
silver must be bought with gold direct, or by issuing
bonds, or with notes; whatever is paid for it, the process
weakens to the same extent the Government ability to
pay its notes by exhausting, in the attempt to perform a

—

—

THE (IHROMCLK

26^
contract never made, the strength

needed

although

tMarch

18,

!876

fair to cite, and admit as not unreasonSenator Jones that a moderate further
of helping resumption, the issue of silver will, therefore, decline in the price would stop or at least check producit would seem, be so far a hindrance to it.
The plea that tion at some of the mines; with this increase of supply
the people will learn to desire resumption by becoming there has been and is now a diminution of demand, which
once more accustomed to the touch and sight of coin has seems likely to continue somewhat further. As proof aud

preparation for j)aying

its

that

is

in

long di^hono^cd notes. Instead

it is

but

able, the plea of

and so far there might be a good

result; but reason it is necessary only to mention that some of the
importance of this is exag- European nations have demonetized it, and there does
gerated, and that whether the silver will be much not appear to be any considerably increasing use for it
sought, after curiosity is satisfied except as the frac- in the arts.
On the other hand, there is the possibility

plausibility,

•we incline to think that the

—

through use and not being renewed, that the demonetizing process may in some one or more
becomes much defaced and on that account undesirable
nations be reversed, such changes of policy not being
is one of the uncertainties.
altogether unprecedented; and there is also the Eastern
But a far more important inquiry than any we have outlet. The former of these will probably not be at all
noticed is whether the silver currency, even after it is speedy; the other is one of the difficult financial quesissued, will stay out.
We do not doubt that the early tions of tlie day.
issues at least will be readily taken by the people.
We throw out these suggestions, not as conclusive that
Curiosity alone will " float" a considerable amount, and silver, when once issued, is again to go out of sight, but
the familiar principle that the worst currency always simply to indicate the uncertainties of the problem, and
tional currency,

expels the better will help the substitution, for the fractional currency

is

now

actually worth about four cents

on the dollar more than the subsidiary coin. But to see
what will follow we must examine the conditions as they
exist at present.
Supposing the real (gold) value of silver
itself to remain stationary, the continuance of the silver
will be necessarily dependent upon the gold premium, or,

to ask whether, with such uncertainties,

Government

upon the

to enter

wise for the

it is

More

plan.

especially

does the expediency, of the experiment seem doubtful
when taken in connection with the further fact we have

making it we are using resources which
might be applied for securing goldwith Avhich to redeem
our greenback circulation.
raised, that in

upon the value of the greenback.
A
premium will increase the difference
gold value between the silver and the paper, and will

in other words,

decline in the gold
in

tend

How

render the former non-acceptable.

to

strong

SUGGESTIONS FOR COTTON PLANTERS.
Messrs. Smith,

Edwards

&

Co., in their circular of

Feb. 29, give us their opinion of the probable cotton
supply, consumption and course of prices for 18V6, asJ

depends upon the degree to which
how great its effect will be it
follows
is impossible to say.
On the contrary, if the gold pre- Now let a» look at this year's supply. Take the American crop at 4,600,000
mium rises, the present difference between the subsidiary bales, what will be the supply from oiher quarters ? We allow an increase of
100. OCO large bales from Egypt on the average of the last three years, possibly
coin and the fractional currency will lessen, and if the 150,000 bales but we look for a very heavy decrease from Inclia. This
will

this tendencj will be,

the paper appreciates, but

:

;

rise

should continue to 120 or above, the silver will be.

come the more valuable

;

in that case it is indisputable

that the silver will disappear again, as

it

disappeared

1861.
Whether its disappearance would follow as
soon as the silver became any more valuable than the

in

paper is not certain, but of the inevitable tendency there
is no room for doubt.
Sliould that result be experienced,
currency having been meanwhile withdrawn, a resort to postage stamps and various shin-

the fractional

would again be necessary.
These remarks are based upon the supposition that
silver remains stationary in value, and they show
w)iAt may follow in that case.
But another cause
uncertainty must be named: silver may 7iot remain
oi
stationary.
If it should rise in value
which does not
seem likely the subsidiary coin would receive an
impulse to go out of circulation; if it should decline
further, the effect of such decline would be the same
in kind as that of a decline in the .gold premium.
A decline in the gold value of silver and in the gold
plasters

—

—

premium
with a

—

be exact, a decline in silver, together
paper would bring two causes into oper-

or, to

—

rise in

ation to depreciate the silver
as a currency

;

and make

it

non-acceptable

a rise in the price of silver and in the gold

premium would bring the causes

into operation to so

not so much from the shortness of the crop, as from the extremely low

arise,

of the machinery for moving the crops of that country.
period of Ihe year the greater proportion of the Bombay crop is
usually contracted for op country, and every effort is being made to hurry it
down as fast as possible to Bombay, and ship it ofT against arrival sales made
on this Bide. This year the machinery of the trade is almost at a standstill,
fi^w contracts are being made
llardly any cotton is being placed on this side

price

At

and the paralysis

this

,

;

at

Bombay

year,

and

;

it

the arrivals thus far are scarcely one-half what they were last
is our impression that, if no recovery takes place before the month

of May, one-fourlh of the crop will not be shipped to Europe this year.
therefore incline to think that 300,000 to 400,000 bales le?s cotton will

We

arrive from India this year,

Therefore
supply fri'm other
years, but owing to
ing this as equal to

as well.

and no doubt some deficiency from oiher sources

we should say

that 2,400,000 is a full allowance for the
quarrers than America, against 2,700,000 the last three
the preponderance ot Egyptian cotton, in place of connt-

1,800,000 American, we shall reckon it
American size, and the total supply for this season will be
American crop
other kinds equal to American

1,900,000 bales of

4,600,000 bales.
1,900,000

•

6,500,000

Consumption of Kuropc and America.

6,400,000

"
100,000
Surplus of supply over consumption
and this, we think, will all go to increase the invisible stocks of spinners,
which were very low last autumn, and are likely to be pretty large the coming
one, especially on the Continent.
We therefore venture the opinion that the visible supply of cotton on the
1st October next will be no greater than last year, and people will then be
argning that if a crop of 4,600,OCC has all disappeared, what supply shall we
need for the following season

Our impression

is

?

that a great rire of prices will take place if the opinion

prevails that next crop is not likely to be

more than four

millions.

If

next

an average one, we do not think more than this can be calculated on,
especially as these low prices are likely to give a certain check to cotton cultivatiim in America. At present the prevailing opinion in that country seems
there is, of course, no certainly on this
to be that no check will be given
season

is

;

we

incline to think that cotton cultivation in the northern belt,
is largely kept up by using fertilizers, will diminish ; possibly this

appreciate the silver in respect to paper as to sweep it
out of circulation a decline in silver with a rise in the

po'nt, but

gold premium, or a

feel sure that in most other countries cotton cultivation will decline at
present prices. India only yielded half a million of bales annually for some
years before the American war, with Fair Dhollerah at 6d. per lb. Of late years
We should think that at 4d. for
it has furnished \y. million bales to Europe.
Fair Dhollrrab this muy diminish to one million bales or so if these low prices
continue long enough to fairly check cultivation. We think even Kgypt,
which is eminently adapttd to cotton growing, will not keep up at the

;

premium, would

against each other.

what

is

gold

?

The

with a fall in the gold
operation two causes working

rise in silver

set in

What

is

and
would be pure
there are some

silver likely to do,

latter question

it

conjecture to answer; as to the other,
very significant data. The production of silver has been,
as we all know, enormously on the increase of lateyearsj

where

it

may be made up

in the southwest,

but

we doubt

<

it.

We

now mling for Egyptian cotton, and there can be no
doubt that Brazil, Turkey aud the West Indies will fall back to a most insigextraordinary low prices
' nlflcsnt

position

if

present prices are to continne.

|

[

j

March

THE CHRONICLR

18, 1876.]

figures to be
conclusion ?
upon
the
quite safe to rely
If

we grant the above

all correct, i» it

We speak

now
we do

who are preparing to plant cotton, for
them to be induced, by over sanguine expectawish
not
tions, to plant more than they can cultivate economically.
The South is in no condition to venture money on
to those

shadows. This covering one's self all over with debt for the
purpose of raising a few extra bales, on the expeetation of a
rise of a penny or more a pound.has become too monotonous
To return then to our question- -is
to be even exciting.
it
is

quite safe to rely upon the above conclusion that there
hope there
likely to be a " great rise in prices ?"

We

will

and there may

be,

be, but

prebable on the

it

is

figures given ?
First,

down

it

Remember

?

writing

is

what we are

that the object in

to determine wiiether

it is

well for the planter

to shut his eyes to the fact that prices are very low, and
act as

are

if

was going

there

the probabilities,

to be " a great rise."

then,

as

to

acreage?

What
In

the

Southwest there has been a considerable increase of labor;
in fact, we believe that to be true of much of that section which has given such a good yield this year.
Does
that indicate a reduced acreage ?
Or do we hear as yet
of any very material reduction in planting preparations in
those States? The weather generally has also been
very favorable for farm work. Then, again, would it
not be well for us to bear in mind that the cotton
secured in 1875 throughout that section was li^ss than

is put
the amount raised, because of the unfavorable picking
hundred thousand season ? Consequently, we do not see the capabilities of
" so much from the shortness of the present acreage in the yield of this year.
With

noticed that in the supply India

will lie

at a decicase of three to four

bales, " not,"

they say,

*
*
*
" the crop, as from
^1,^ paralysis of the
" machinery for moving the crop." Hence, this estimate
is on the b.isis that there will be a surplus left over there
This is not unlikely. We have heard of
for next year.
those " surpluses" in this country before, and sad experience has taught us tiiat their influence on the market
is

to be

269

about as decided as

any man

who

if

stacked up in Liverpool.

And

plants cotton on the supposition that the

regard to the Atlantic States,

wo think

that there will be less planted

;

certain.

But granting such

is

yet this

the chances are
is

by no means

to be the case, the yield

of those States, with a favorable season,

then be more than this year's yield.

We

would even

are not saying

what may be. Bringing all these
and probabilities together, is there anything
the American prospect to encourage the runniag iito

what

is

to be, only

possibilities
in

may

be counted out in forecasting the debt to raise cotton ?
These remarks do not cover the whole field by any
future, will find his conclusion based on very feeble
means. More might be written to discourage the overpremises.
India surplus

an immediate ambitious planter; and we may soou have something to
India.
This say on the world's consumption and supply for 1876
was tiie idea we had when the war closed and prices which will throw further light on the same 8uV>ject. But
declined.
But when we looked at the railroad map and as the circular we have quoted from above is likely to be
saw what au immense amount of land had been brought Nvidely copied, Mr. Smith's opinions being highly
within the reach of the market since 1860, we found esteemed, and deservedly so, we have felt that a few

Nor can we have

the

utmost faith

in

large reduction of the cotton acreage in

—

With ante-war

for changing our views.

reason
(5d. for

Dliollcrah),

fair

prices

and 435 miles of railroad

(in

1860), India supplied the world with about 500,000 bales

of eotton.

road (this

Now

the problem

is,

with 6,250 miles of railwe have not yet

the report for 18V4, as

is

received the figures for 1875), and 4fd. for fair Dhollerah, how much can we expect as the permanent supply ?

Remember,

in the

same connection, that ever'

India planting season of last
lerah has ruled
districts

below

since the

fair

and yet the acreage

Dhol-

in

some

this year; the present crop

being

5d.,

was increased

summer began,

simply because the weather has been unfav«rable,
have shown. Besides, if this " great rise in
prices " is to be realized, it will come just at the time
India is preparing to plant again, and hence would be a
less,

as our reports

We cannot,

stimulant to increased acreage there.

there-

Southern planter to base
his calculations on a largely decreased supply from
India next year. Nor do we anticipate that there is to
be an immediate reduction iu the Egyptian cotton acre-

—

words of exception to the conclusion he reaches were
desirable.
We do not write with any foolish idea of
restricting the planting, so that prices may be high. Such
advice would be of no use if given, and would be every
way weak and the object undesirable. But we think it is
very important that the old plan, so many years followed, of doing everything on credit and going to the
utmost limit of that credit in order that a few acres
more may be cultivated, should be changed. Our motto
would be, raise your own food and then raise as many
bales of cotton as you can without becoming the slave
ef debt. And if some goed Samaritan would have those
words prominently posted on every plantation iu the
South, they might be heeded; and, if they were, it
would take but few years to make that section the
wealthiest portion of the country.

fore, feel that it is safe for the

age.

Brazil

is

more doubtful, but

that the whole supply even

our bales; eut

now

is

thje

TUE CENTBNSHil.

The progress

of the buildings

and other preparations

by the newsthan 200,000 of paper correspondents that prior to the opening on the
is only equal to a
10th of May there is little to be said concerning its

bales arc so small

for the Centennial has been so fully told

less

one quarter and it
American. As to other sources of merely visible aspects. The desired appropriation has
supply, altogether they contributed in 1875 but 27,000,- been obtained, and the raising of funds is substantially
000 pounds, or (at 440 lbs. net) a little more than 60,000 accomplished; the buildings are so far advanced that it
American bales; deduct one-half, and an increase in our is safe to count upon perhaps less than the usual huny
supply of 30,000 bales makes good the loss. We thus and incompleteness at the opening; and although it is
see that it will not do for us to run into debt much, for yet too early to know how the space will be filled, s
the purpose of planting cotton, on the belief that other successful exhibition is now assured. The first intercouBtries will at once materially reduce their supply.
national exhibition, in 1851 in London, in the original
Then, again, would one be wise in risking his all on " Crystal Palaoe," covered twenty acres, and cost |1,the venture that our next crop will be less than 4,000,000 464,000; this prompted the New York exhibition of
bales ? Of course it may be
but we must use our conv 1853, in the Crystal Palace building on Reservoir
.,B^n sense in this matter, aud does that tell us it is likely Square, afterwards destroyed by fire, covering but 5f
it

off

loss of 50,000 bales

;

;

270

[Mach

Tfefe* (5HfiSNlJl.E.

18,

1876.

and costing $50,0,000. Then camo successively miniature. National characteristics may be read in a
the Paris exposition of 1855, covering 30 acres, .and cost- comparison of the lools used, without looking at their
ing 14,000,000; the London one of 1802, covering 24 products.
The difference is wide between the saw
acres,

acres, and costing $2,300,000; tlie Paris one of 1867, which the Italian or the Japanese holds, while he rubs
covering 40^ acres, and costing $4,590,763; the Vienna the stick of wood upon it, and the American circular
one of 1873, covering 50 acres, and costing $0,850,000- saw but one has done its work as well as the other,
;

The Centennial

and

to cover GO acres,

is

when the

to cost $6,724,-

350, occupying; therefore, the largest area, and at an

stick

is

cut,

and the

The Western

to speed.

is in

real difference

a hurry

;

is

in respect

the Eastern has

is, and makes no accontit of it in his
Steam would have built the Pyramids in
The floor space of CO acres far less time ; but time was not an element of cost, for
closed space is 230 acres.
is exclusive of the space occupied by the buildings Egyptians ^re plenty and had nothing to do but
erected by other nations, these buildings being 15 to haul.
The peculiar American union of energy with
20 in number; also those erected by the several States, impatience, which has conquered a continent and harsome 18 or more; and those for general purposes con- nessed the forces of Nature, is keenly alive to the value
and the result is that our industrial activity
nected with the exhibition. Comparing these figures of time
with those of previous exhibitions, it is easy to see that has multiplied production, the aim having been not
in its size, at least, the Centennial is ali*eady assured of more perfection in the product than speed, and conseAccordingly, a
being a decided success.
quently economy, in its production.
What it will be in respect to quality more than comparative and analytical study of the Centennial can-

apparent economy «f

These

cost.

figures,

of course,

The

represent the cost of construction only.

all

the time there

operations.

total in-

;

quantity of goods, in respect to representation of the

not

nations and the completeness witli which

tion

what

is

shown

fail to

that

furnish interesting evidence of the proposi-

we

surpass most other nations in respect to

will indicate their industrial condition, in respect to sug-

machinery and

gestive processes and (what

not.ably

not a minor consideration)

is

the comfort of visitors, of course,

great

still

confidence

felt

is

is

that

all

tion of the spaces allotted, in the proprietary sense,

Finally,

may Ave

by a deliverance from

not express the hope that
all clap-trap.

we may have

Let the Eagle

rest.

It is

expect a full representation of home products,
because, in the first place, we are a show-loving people,

other nations, and several of the oldest nations are the
to arrive with their goods .ind representatives. The
whole exhibit of Egypt reached the grounds in January.
The Japanese embassy and exhibit were only a few days
later, and they have erected their own buildings by their
own workmen. The Emperor of Brazil is himself expected
to be present, and this is a guaranty of the best that vast
empire can produce. A full representation is expected
from our ancient neighbor, Mexico. From the States of
Europe there is no deficiency in interest apparent.

but that some of the others
the bodily

ingenious uses of

the baud.

these par-

There has been no lack of occupa-

ticulars it will excel.

uses,

powers, and particularly in the training of the eye and

yet to be shown
in

its

surpass us in

fair to

first

running to the window and standing at the street corner at £inall provocation, and we believe thoroughly in
"big things." In the second place, we are a nation of
advertisers, keenly alive to blowing our individual
trumpets, and just now,
i

when

trade

have time to think of inviting

it,

is

depressed and

we

there should be an

unusual readiness to try the colossal advertising which
The same consideration should
the Exhibition offers.

A

gathering of material products, an exhibition of influence other nations, for Americans are large and
natural wealth and of processes, and a spectacular oc- desirable customers in the world's markets, and trade is
casion in which all nations bear parts, may be and should^ nowhere so brisk that indifference to the prospect of

be made of great educational value. We scarcely know
yet the natural resources of even our own country. The
dight of our iron in ore and in sheets thinner than writing
paper and proving its wonderful tenacity
of gold
quartz, sliced smooth and brimming over with gold,
;

honey in the comb silver cubes direct from the Big
Bonanza copper blocks from Lake Superior; some of
^11 these polished and some in the rough
our tall com
and cane in juxtaposition with cotton in the boll sections of great trees
samples of our rich soils and of
like

;

;

;

;

;

;

other of the materials sNature has placed at our disposal,
will

be one to inspire confidence

tion to eveh

Of

ourselves.

in,

and impart

course, the

instruc-

exhibition of

processes of manufacture

is limited by the necessities
managed wisely it may be made,
partly by showing processes themselves and partly by

of the case, but

if this is

furnishihgthe hints to be found in specimens taken at
the successive stages of manufacture, as instructive, if
not as gratifying to the eye of the mere sight-seer, as
the

and

display of

how

the scene,

completed

varied
t^i'

schools

those

who

never be written
beep followed by a
will

and

;

products.
this

Of how many

possess

a,

discerning

eye,

but previous exhibitions have
noticeable

industrial

a, brisker market, and from that
inference about the Centennial is fair. It

,y^e\l,

may be

Exhibition

stimulus
fact

the

will be, as

a scliool of humanity, in which the domestic and
life of other nations may be studied, shown

^dustrial

m

wide markets is to be expected. We should therefore
but let us try on modesty
have a successful exhibition
and see how it befits us. To the extent that Nature has
endowed us the praise is Nature's, and not ours to the
extent that we have used the dowry wisely we may take
modest congratulations. The capable man is the quiet"
est man, and there will be occasion enough for humility.
shall find that the Centennial will be in spots a sort
of dramatization of Mr. Wendell Phillips' " Lost Arts.''
The barbarians will confound us with the craft of their
fingers in textile stuffs, in depth of colors, in metal working,
and in many things. Many of us may find that the world
is larger than we had supposed, that some new things are
very old, and that perhaps we are not so much the centre
Shall we lack humility in
as we had supposed ourselves.
the school which presents it as the first lesson to the
willing learner.
We have not used the dowry of natur*
always wisely, as our useless railroads show. We have
discounted and squandered, and have spent to-morrow
before to-morrow came. Shall we exhibit our selling of
offices and our management of savings banks to nations
which punish crime without asking many questioOB?
Shall we establish a branch of the Government Bureau
of Engraving and Printing in Philadelphia and present
fresh specimens of greenbacks to nations which will immediately test them by acid and scales ? Shall we propose to the barbarians a new lesson, that paper and gold
are one thing and that a pfomise accompanied by fai^h
;

;

We

'
1

1

.

March
in

;

the promisor

here,

lesson.

—

begin

is

the same as fulfilment

If this is so

?

and the world must learn the
Shall we undertake to teach it, and shall we

it is

so everywhere,

that

if

why

the lesson

is

not so begin

pealing the Sherman promise of 1879?

— by re-

27 V.

The proportion of rewrve to liabilities at the Bank has increased to 43i per cent. The Treasury balance hr^ been increased
to £8,040,448, which Is about £2 250,000 more than at this period
The supply of bullion exhibits an Increase of £1,and the reserve of notes and coin, of £1,178,000 coinpared

year.

last

000,000,

we boast

Shall

will. 187.5.

of our troubles as prosperities, or shall "we put tlicm be-

Tlie following are the rates of discount at leading cities abroad

hind ms as shame to be covered, and then boast of what

we have done

century

in the

humbled

have, be thankful and yet

Bank Open
rate,

we show what we

or shall

;

wh^t we

for

and

are,

Amsterdam

market,

Vienna and Trieste
Madrid, Cadiz and Bar

Nnu-

ctilona

8

3

Turin, Florence

4
4

2X

Lielpzig.

4X

4

and

,

.

St.

The demand

3S

5V4

5>i

I

6

«v
5

Constantinople.

has been only modanttf,

4m.
—r^ p-o ,e .1'

very depressed.
Annexed are the quotations

EXCHANGE ON LONDON.

is

:

eoLD.

OK—
Amsterdam
Antwerp
Hambarg

TIMS.

-

P«rl»..

Short.
liM^&li.i'i
3 months. 25.40 ©25.60
•io.m
sliort.
25.15 aS5.25
8 months. SB..'nHaj6.4SH

Vienna

ii.:a>,Mi.77x

. .

BarGold

LATEST
DATS.

BAT«.

,'

Feb.

2ATE.

TIME.

short.

25.

1

P«H«

msi

Berlin

JO.ti.i

@80.(i7

Frankfort

so.tis

eao.BT

30 7-16®:)0 9-16
90 days.
3

SmoB.

25.

**

3mo8.

40.70
20.70

@20.7S
020.75

Smos.
Feb.

Babia
Buenos Ayres..

.

•

.

Valparaiso
..

•iontevldeo...

Bombay

60 days.

u.

saaMUd.'

Calcutta

....

n«.

SHd.&Hd.'

Hong Kong...
Shanghai

.

3« 10H<16».i!>^<l.@5«.4</

.

Penaug

3».

....

'

25.

48.70
4.8«

80 days.

Jan. 52. 90 days.
Jan. 27.
Jan. 18.
Dec. 81.
Jan. 27.
Jan. 8.
Feb. 21
6 mas.
Feb. a.
Feb. 18.
Feb. 18.

2<iX®«6«

H

26
48V(ak49
4314
28 Ji
5».

iSd-

U. 8 l5-;6d.
U. 9>irf.
3...

5».

IIX''.
51f d.

1

1

Singapore.. .
Alexandria....!

lOJid.

Feb.

1

96H

London. Saturday, Feb. 20, H7C
The money market has been in a quiet state during tlie week,
but there has been uo mnterial alieration in the rates of discount.
The tendency has, however, been downwards, the beot bills beinf;
taken in the open market at 3f per cent. The supply of money
is

and there hag been no increase

aiLple,

The

the quantity of bills in circulation.

pro.=pect

is

in

that the

money market

will assume an easier appearance, as notes and
returning from provincial circulation, while our
importations of the precious metals promise to be on a somewhat

coin

are

still

larger scale.

We

shall be, therefore, in a better position to

meet

any export inquiry for gold, and, consequently, there will be
fewer apprehensions regarding the future course of the money
market.

The

quotations for

money

Percent.

Bank

rate

4

I

Open-market rates
aOandeoa.tys'
3 months' bills

I

I

3Hl%...

bills

3^®..

I

9
9

a

11

74
78

»
9

peroa

o
a

d.

per oz. standard.
per or. standard.
per oz.
per oz. none here..
per oz.
Discount, 3 per cent.

....
....

d.

&
&
&

5iX

In the Stock Exchange a dull tone has prevailed and prices
most inetances, lower. Speculators have evinced considerable disposition to sell, and most of the securities, the value of
which has lately been forced up by speculative operations, have
experienced a considerable decline in value.
It appears that tha process of importing meat from the United
States and Canada into this country has been attended with a
OODsiderable measure of success. It is well known that since the
wages of the laboring classes have improved so much, there has
been a large increase in the consumpti'"'n of meat, an<l oiise
quently the price has been 'considerably euliancd. ()
(Mirist.
mas Eve last, a supply of 40 tons arrived in Lnnloii, ami was
disposed of in the Metropolitan Market in perfectly sound condition.
Since then a consignment has been made about once a
fortnight, and the total delivery now amouuts to about 3(10 tons.
i

Smos.

16.

LFrom oar own correeponleat.]

seeking employment

d.

are, in

*^}im^>i

New York...

31«

1

8.S0.15

pero2.

Bar Silver, Fine
Bar Silver, con'ng 5 grs. Gold
Mexican Dollars
Spanish Dollars (Caroms)
Five Franc Pieces
Quicksilver, £10 per bottle.

,

51?(i®51K

petoii.

SILVKB.

,

months. 20.70

.

Spanish Doubloons
South American Doubloons
United States Gold Coin

114.50
20 47
20.17

M

Rio de Janeiro

Peruambuco

3mo8.
short.

Feb.

47!<@48X

Lisbon
Milan
Genoa.
Naoles
Madrid

"

!

li

8t. Petersburg

OadU

'*
I

1.

per oz. standard. 7t
per os. standard, 77
per oz. standard
77

Bat Gold, fine
Bar Oold. reflnable

12.08
25.20
20.29
25 18

I

3

4

3

. .

4

for gold lor export

the silver market

S
•»•'•'

Genoa..
Geneva... .
New York.
CaKutta
Copenhagen

8

Lisbon and Oporto
Petcrsbare

KATEf OF B\CH.iIVaB AT LOIVOON, AND ON LONItON
AT LATBST OATBS.

market

rate,

percent, percnit.

Rofbe

Berlin

;,

Open

Bnaaela

Hamburg
Frankfort

BXCHANGB AT LONDON—
FKBBUARY 85.

Bank

per cent, percent.
4
a

Paris

leave outspoken comparisons to our visitors?

Cateat fllonttarn anil Commercial (Snglial)

,

CH^NIG^

TBE

Ij.6j

18,

.

.

are as follows

:

Open-market rates:
Percent.
4 months' bank bills
3>f®3?i
6 months' bank bills
8s<@8S
4 and 6 months' trade bills. 4 @4>J

During the last twenty-five years, meat has, in this country,
about doubled in price, and the consuming portion of the comk_
munity are gratified that the means which are being adopted to
increase the supply and diminish thi^ price have been attended',
with success. During the winter the process does not appear to
be a very difficult one and some anxiety is therofore felt as to
;

how
It

far the process will be successful during the hot weather.

is

contended, however, that as prime joints

tainable in Ottawa at 4d. per
for transportation

and

the

lb.,

there

is

expenses

modus operandi which has led to
The animals are brought alive from

a largo
of

meat are obmargin of profit

ot-

refrigeration.

The

very simi)le.
inland, and killed when the

this success is

is ready to receive their quarters.
This transportation
has at present
been
confined
to
the
Ouion line of
steam packets.
A chamber is fitted up in t!ie hold of
the vessel
around the chamber, tanks for holding ice »r»i
placed.
All
being
duly
ready,
the cattle are killed,
and the quarters are sown tightly in coarse cotton slieets.
These packages are then hung in the compartment of the vessel,
just close enough together for a current of air to pass freely
between them. If they touched, and there were no current of air,
they would begin to decompose and turn mouldy in a very short

vessel

;

The

rates of interest allosved by the Joint-stock banks and
discount houses for deposits remain as follows :
Per cent.
Joint-stock banks
3 &...

Discounthouscsat call
Discount houses with 7 days' notice
Discount houses with 14 days' notice

3
'.!..*'..

(&.'.'.

S'^'s!.".

SJO.!.

a statement showing the present position of the Bank
Bank rate of discount, the price o( Consolsi
the average quotation for English wheat, the pricej)f Middling
Upland cotton, of No. 40's Mule twist fair second quality,
and the Bankers' Clearing [louse return, compared with the
previous four years
A.nnexed

is

of England, the

:

Circulation, including

1872

1873.

1874.

1876.

1876.

£

£

£

£

£

J5,fi8n,.')«8

6,676,083
17,559,329
13,603.784
18,185,012

26,577,480
8.»40,44«
:S,048,384
13,885,914
19,461,407

10,687,323

11,865,746

2'2,064,688

23,062,680
4 p. c

bank post bills
Public deposits

24.73.3

380
844

other depcuits

a4,871.4.W
11.644,110

19.860]|J08

securities. 13,995,44 (

17,977,i-14
1.3,582,313

Other sccnrlticB
21,191,417
Reserve of notes and

21.962,601

25,203,721
8.680,614
17,681,844
13,896,607
17,682,576

_cola
Ooln and bullion

15,691,997

13,150,146

Government

1

\\-ini

14,270,060

Ic

both departments.... 23,6.51,816 85,224,687 22,907,936
Bank-rate
8 p. c.
3X p. c. 3Xp. c.
Oonsols
92>.92)^
92>i
Knglish wheat
658. 9d.
668. Od.
629. lOd.
Mid. Uplandcotton... 11 5-16d.
8d.
9Xd.
No.40 mule yarn fair id
_quality^
la. 8Jid.
Is. 3d.
Is. Id.
Clearing Hoase retorc 84,041,000 100,803,000 100,365,000

8>i p. c.

94Md.
41e. 6d.

7«d.
Is. Od.
97,080,000

42a. 8d.
6 5-16d.

87,835,000

An artificial current is produced by a fan which is driven
by the steam power of the packet. Thus a cold dry air of about
35 to 38 degrees is preserved throughout the voyage.
The meat
is not frozen, but it is kept in just the required condition to make
time.

the lean firm and the fat hard, whereby decomposition is almost
completely arrested. Of the greater portion of these consign-

ments the only defect was a slight sopped redness on such prominent parts as the neck-ends and the sides of a few quarters.
This discoloration we therefore attribute to the parts mentioned
swinging against the sides of the compartment, and thereby
getting wetted with the condensed vapor on the side of the tanks.
Otherwise, it would have been difflcnit to tell this American beef
from home-grown and home-dressed animals. If there was anything unusually striking about the best uf the quarters, it was
the extraordinary manner in which they were filled with saet
and the lean was dappled with fat. Most of the carcasses have

:

:

THE

272
realized 58.

per stone of 8

4(1.

Prevlonely reported

quar-

at -wbich price one set of

lb.,

weighing 147 stones, and sold by MeBsrs. Bowyer & Son,
made £39 and some odd sbilliugB. This is practical evidence
both o{ their size and quality.

Same time

money

"

"

91 1-16
94 5-16

94 8-16

94 1-16
94 V16

" accoant
0. S. t8 (5-Ws,) 188S,old.l05M
1867

.10774

U'6X
105«

D. 8.10-401
New 5b

Tbsqaotallons
U.S. new fives

Wed

Tae«.

Thar.

108
106

108«
ll'SJi

105«

105 J4

101«

108

105%

my,

....

Mod.

Sat.
s. d.

fbbi

rionr(We«ierii)

Wheat(RedW'n.

10
2«

«

10

3

SB
38

Liverpool Provitiont Market.
d.

s.

n
Beef (mess) new V tee
81
Pork ( moss) new |( bb!. .
Bacon (l.cl. mid.lnewll cwt 53
60
Lard (American) ..."
81
OtaeeBe(Amer'n fine) "

61)

7— Bark Magdalena

9— Str.
9— Sir.

(pale)

eetrolen.ii(raflned)

9

London Produce and
£

8

d.

Unseed

"

.

*»

9.

d.

e
23 6

4
3

Tbar.

d.
n

8.

61

'il

10

4

26
89

3

Frl.
i.

8.

rt.

91
81

61

91
HI

n

61

Wed.

Tnnr.

d.

B. d.

8.

d.

6.

9

4

4
16

9

4
16

16

"

II

8X

11

8i4

6

4«
60

6

42
60
24

6

24

m
8

42

21

£

6

21

23

23

,

Same time In—
."...

892,384
2.721,606

1

1868
1867

$3,840,005
2,411.767
1,126,015
893,154

1

1876.

8... 861,002.962
15.. 362,6i0,0,i»
22.. S6J,108,062

Feb. 26..

6

18,626,500

381,829.462

18,«6,500

.181.266,562

13,825,500
831,7J3,!)li2 18,626,500
361,0.)3 462 18 621,.'i00
360,1150,162 18,621,500
S.W,428.6.'Jfl
13,621,500
356.998.660 18.671,500
356.295,750 18,721,500
355,311,715 18,741,500

70.897,517
73.200,709
70,972,277
379,654.962 73.420,389
378,671,662 73,258,144
377,050,150 75.051,625
375,670.150 70,814,449
375,017,250
374,053,215 69,657,203

380,734,562

330.3."W,4«2

8.4I0.0J8 34.021,999
8,724,887 34.4S9.009
8,401,162 .34.511,600
11,706,760 34,694,70»
12,053.005 31,365.300
10,10H,384 38,7H6,900
8,838,457
33.994,100

March 4..
6,147,783 34,797.600
March 11
3.
National bank currency in circulation fractional cnrreaej
received from the Currency Bureau by U. S. Treasurer, and distributed weekly also the amount of legal tenders distrlbnted:
Notes in ^-Fractional Oarrencjr.— Lej. Tbb.
Week

—

;

;

>

s.

10 10

47
21
•34

23

93

Received.

Circalatloi.

Bistrlbated. Dlitrlk'd

1878.

343,893.094
844,20^,341
843,253,577
343.322.;44
342,809,038
342.634.501

Jan. 8
Jan. 15
Jan. 28
Jan, 29

Feb.5
Feb. 1«

95

95
34

S3

«

£

SI

21

6

Frl.

10 10
47

10 10
47

95
34

6

U.OOO

$891,834

1

—

9

24

Wed.
Thar.
£ a. d. £ B. d.

93
84

95
34

-Tan. 1, 1876

»dlBC

d.

B.

6,055

587,401

.

d.

iX
42
60

1,»«0
16<i.232

Silvercoin
Gold coin
Silver block

J.304,48:l

606,69.')|

Jan. 29 .
Feo. 5..
P«b. 12..
Feb. 19..

11

8'4
6

VeraCmz

638,3.32 11870
1,02.3,4J8|11869

Jan

I'd,

U
11

80
635
S75
15,340

Ooldbars
Gold coin

Aspinivall

Havana

$2

Jan.
Jan.

HI

4
16

.S.OOO

National Trbasort. Tue tollowing forms present a sumniarv of certain weekly transactions at the National Treasury.
1.— Securities held by the U. S. Treasurer in trust for National
Banks and balance in the Treasury
Coin cer
^Bal.in Treasary.-> tiflcatea
For U.S.
For
Week
Coin.
Tatal.
Currencv. eatat'd'E
eBdlne CircnlatUn. DeDOslts.

54

».

Toes.

d.

9

10 10
47

47

216
cwt.

9

91
81
54

98

J9

540
606

Tnes.

10 10

»tnn..9500

oil. ...y

£

47

dnspot.Wcwt
Snermoll
Whaleoll

8)i
42
6
60
24
6

Moo.

LiQB'dc'ke(ol)l).»ti:.10 10

10
2ii

Atlas
City of

SUvercoin
Domingo... Silver coin
Goldcein
Cindad Bolivar.Qold coin
St.

1875
1874
1873
1872
1871

Oil Murketi.r-

Sat.

Uns6ed(Calcatta)
Sairar(No.l2D'ch8td)

8.

4
16

"

"
Tallowf American)...* cwt. 42
01over8eud(Am.red).. • 60
" 24
Spirits turpentine

3
3
6

8S54
21,906
S9,4(»
1,217

Total for the week
PrevloUBlv reported

—

18

.spirits)

B.

8

98

606

Mi)n.

d.

10

Wed.

d.

d.

Silver coin

:

Fri.
s. d.
«a 6

MO
8

Laguayra

Port* Cabello..Qold coin
Port an Prince. Hold coin

Mch.
Mch.

ToUl since
Same time in

606

53

3

61

Sal.

"

B.

91
81

530

B.

26
3S

Tnea.

d.

a.

98

10

3
3
6

10

38

U

4

7

2ii

•

Liverpool Produce Market.

Itijaiuicomiuuui...

J
3
6

91
81

.

ycwt..
"
VS*'

—

f.

7 10

98

Hon.

Sat.

«2

5.991,861
5.191,507

Carondolet

Mch.

lOlX

Thur.

d.

B.

U

*!

98

mi

anarter

d.

B.

7 10

7 10

"98

«

d.

2J

i-i

Bpr).»ctl

"
(Red Winter)....
" (Cal. White club) "
Corn (n.W. mix.)* qaarter
PeSB (Cantdlan)

8.

Wed.

6— Sir.

6— Str. Tybee

—

Tae«.

18««
1868

11867
11,857,437 1886
I

M(.h.

Liverpool Ootton Xnrktt.—See special report of cotton.

Liverpool Breadituft Market.

6,419,9.J5
Ii,89.3.8i0
1,937,759

$6,237,271
7.2^8,532
13.892.222

Gold coin

106

lOlX

....

:870

Mch. 6—Str. Roan*ke
Mch. 0—Str. Etna

my.

United 8tates new Bves at Frankfort «ure

for

tl4,82f),0ra

:

Mch.

105 ;4
lOS
106

105X
103M

106>i

Same time In—

la

The imports of specie at this port during the past week Have
been as follows

94 5-18
94 7-J6
1055f
108
106

34 7-18

105ji<

t8,9S6,494

1876

1871.

Fn.

94 5-16
91 1-16

94 5-16
»1 7-16

1,

1875
1874
1873
1872.

has increased £395,000 during the week.
Moo.

$7,78),281

Total since January

Ku«lUta .llarKet iceporta— Per Cable.
Thadaily oloslngqaotationsinthe marketsot London and liiTeipool for the past week have been reported by cable, as sh wn In
the following summary:
London Money and Stock ilf<ir*et.— The bullion In the Bank
Hat

[March 18, 1^76.

(JHRONIOLE.

ter»,

Consols ror

—

—
—

;

Peb..l9
Feb, 26

341,557,911
340,928,073
845.415,456
340,048,776

March 4
March 11

&

1,261,200

1.439.410
1,471,885

2i7!366

1,578,841

—

This road was sold under execution
March 6, and was bought by J, W, black, of
New Orleans. The road is 44 miles long, from Penaacola northItiFOHTd AKD EXPORTS FOR TBB Wbbk. The imoorts this ward to a junction with the Mobile & Montgomery near Pollard,
week show an increase in dry goods and a decrease in genera] mer- Ala. The suit in which the sale was ordered arose out of a purTlie total imports amount to $5,408,448 this week, chase of lands and bonds ot the old Alabama & Florida company
cliandise.
against $0,699,054 last week, and $5,078,878 tlie previous week. from the Forsyth estate.
The exports amount to $3,835, .594 tills week, against $5,326,840 last
PlttsfleM & North Adams. At the adjourned meeting the
week and $4,408,937 tlie previous week. The exports of cotton
stockholders authorized the directors to sell the road to the Bos
the past week were 5,301 bales, against 4,048 bales last week
ton & Albany for a sum equal to 95 per cent ot ihe capital stock,
The following are the imports at New York for week endintrCfor provided that sum is paid July 1, 1876, together with the 3 per
dry goods) Mch. 9. and for the week ending (for general mer
cent rental dividend then due, and provided also that the Boston
chandise) March 10
& Albany give up all claims for charges and offsets against the

(Sommcrriat anb JIliBCcUaueoua Neius.

Fensacola

Lonisvile.

in Penaacola, Fla.,

—

—

VOBjnaM IMFOBTS AT ItBW TOUS TOR TBB WBBK.

Dry goods
General merchandise...

ToUl

for the week..
Previoasly reported....

Since Jan.

1

7,36.3,883

$5,974,593
82.175,621

$9,909,096
70,686 452

$7,223,855
66.819,905

$5,408,848
60,461,537

$88,450,214

$80,595,548

$74,043,760

165,873,885

1874.
$2,545,213

1876.

12,792,051
2.616,797

In oar raport of the dry goods trade will be found the importsof
dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
fromthe portof New York to foreign ports, for the week ending
March 14
XFOBTB rBOM KIW TOBK roS THB WBBK.
For the week
Previoasly reported....

Since Jan.

1

1874.

1873.
$4,068,273
49,698,289

$4.7.51,438

$53,766,582

52,750,510

1875.
$5,127,006
44,603,336

1873,
13.836,594
47,375.759

$57,601,948

149,730,342

$51,211,353

show the exports of
the week ending March

The following

specie from the port of
New York for
11, 1876. and since th«
beginning of the year, with a comparison for the correspondini?
date in previous vears
American gold
Havana
Mch. 7— Str, Colnmbut
$270,000
will

Spanish gold
American gold
American gold

—
—

Liverpool
Mch. 8 Str. China
Mch. 9 Str. Citv of New York, Havana
Hambnrg
Mcb. !^— Sir. OeQert

Silver bars

Gold bars
Foreign silver coin...

ParlB

London..
Mch. 11— Sir. Oityof Brooklyn. Liverpool
Liverpoool
Mch. 11— Str, Germanic

ToUl

for the

week

.

,

. .

Silverbars
Silverbars
.Mexican silver

If it is found necessary to procure legislation to
authorize the sale, the board is given power to extend the lease
one year from July 1st on the same terms as the present lease.
The road is 18.65 miles long and the capital stock $450,000, so
Albany $427,500, or
that on these terms it will cost the Boston
Railroad Gazette.
f 23,933 per mile.

company.

1875.
$3,177,153
4,048,402

1873.
$2,279,948
3,694,645

8,810
100,000
425.000
30,2.36

9,879
10,900
150,000
6,700
171,658

$1,183,213

&

—

LlVEUPOOL AND LONDON AND GLOBE iNStTRANCE CO. The
annual meeting of the Liverpool and London and Globe
Insurance Company was held in Liverpool, on the 33d ot Feb.,
when a report was presented congratulating the stockholders on
the satisfactory state of the company's aflTairs. The report states
that the net fire premium income of the past year amounted to
fortieth

$5,723,124, tljp losses to $2,869,543, and after paying all charges
and expenses, the account shows a surplus from the fire business
alone of $1,196,734, and that they had carried from the surplus
of the year $825,0(X) to the general reserve and fire re-insurance
fund, which now amounts to $4,675,000. After other details of
the company's business, the report concludes by proposing to pay
a dividend for the year of 30 per cent. The profit on the whole
business of the company amounted to $1,817,078, and the invested
funds now amount to $38,425,160 thus showing that the present
financial position of the company is better, by a very considerable
amount, than during the best period of its existence before the
great American disasters (Chicago and Boston fires of 1371-1873.)
The business of the United States branch contributed to the
above results as follows Fire premiums, $3,328,140. Losses,
;

:

total,
1,586,457; net surplus,
$841,870; expenses, $744,587
Mr. James E. Pulsford is the resident secretary in the
$741,683.
United States, with offices at 45 William street.
Stockholders of the Pacific R. K. of Missouri, will find «
notice of interest to them in our advertising columns.
;

—

—
Match

;

,

THE CHRONICLR

18, 1876.]

4i0(

The nnge

©nuttc.

CaiiKcrs'

elata of

273

in pri.sea since Jan. 1, 1876, and the amount o( e^eh
1. 1876, were as follows

bondi outstanding March

—

•since Jan. 1.
Amount Mch. 1.Loweai.
Hlchoat
Reglatered.
Conpoa.
reK..119K Jan. a liSK Feb. 83 (193,61 1,850
t
89.H4.SP0
6a, 1881
coDp..l80>i Jas. 10 USJiFeb. 23
3 IXifi Mch. 13
coup.. 116V Jan.
«8, 5-!0'8, 18>iS
33.879,750 llt.678.900
4 I'KIV Feb. 16
6e,|S-M°a,1886,new,caup..ll7 Jan.
69.886 100 Mt.«TI.iiO0
coup. 11<>,V Jan. 3 I21M Feb. 16
«0,«M.9«0 110.417,800
68, 5-30'a, ISflT
!4,600,000
S17»l,800
68, 5-SO'a, ISeS
coup.. 119V ''an. 3 i*)V Feb. IT
68,10.40'»
reg..ll«X Feb. f 119V Jan. *» 141,706,550
....
9«.SWI.r50
Il8,10-40'a
coup. .118 Jan. 4 U;X Feb. a«
Ba.fanded, 1881.. ..coup.. IIAK Jan. 11 1«( Feb. 11 8*1,895.800 i81,««8,«S0
Feb. 28
128
M,«33,51*
reg.. 188% Jan.
68,Carr«ncT
,

Dational banks organized during the past week.

No

e«, 1881

VIVIOBIfDM.
Th^

fi illowlnif

'

reeentlT
nWMendK have~~

«Dnoanc(Ml

otet-

'

"

VVrer

'

COMPAMT.

I

Railroads.

April inlMch. 84 to Apr. 9
April a? April 1 to
April llMch. 21 to Apr. 4

Chicago Mllwankcc ifc St Paal prcf.
Chicago Rock Island & Paciflc

UaioD

isouut* cxuftau.

F'ABLB.lCDaya indasire.)

Paciflc (quarter I7)

luaurance.

Oodeml

Jefferson

iTRIDAir. IttARCH 17. 1876-6 P. Id.
ttttd Financial Situation.— The principal eVent of unuHual importance tliia week Was the i<U!>pensioD
of the Bank of the State of New York, which closed its doors on
Tuesday morning. As a number of brokers and other business
nmn in the vicinity of Wall and William streets kept their
accounts at this bank, the announcement of its failure at first

The ntoneV IHark^t

much excitement and caused a small panic in the stock
market, followed by a recovery in the latter part of tlie day. The
directory of the batik has since been reorganizsd, with an entirely
new board, cotnposed of exceptionally strong names, and with Mr.
Auf^ust tielmont as president, and it is intimated that it may
continue in business. In regard to the general effects of the
suspension two points are chiefly apparent. Firtt, that this is an
isolated case, fortunately disconnected with the transactions of
any other bank, and therefore indicates no general weakness;
created

HecoiuUy, that the failure occurred, so far as yet known, through
the mismanagement of the Vice-President of the bank, and
apparently with little knowledge on the part of the Board of
Directors.' Tliis latter fact is calculated to shake confidence
among bank customers and will naturally lead them to inquire
more cart^fuUy into the business character and the operations ef
their

bank

officers.

failure of Mr. Daniel Drew who has for a long time been
embarrassed circumstances, is entitled to be mentioned among
the week's events. Mr. Drew lias been among the most prominent
speculators known iu the history of Wall street, and has finally
succumbed to the games with which he had been accustomed to
" twist " his cotemporaries.
In our local money m;irket there has really been little change
to I'egiilar borrowers of good standing, although in the flurry on
Tuesday a large bank injudiciously called in a good many of its
lofuig, and this, With the temporary loss of confidence, avused
loans on the street to be put up for the moment to sharp 7 per
To-day, also, there was an
cent., with a commission added.
attempt to shake confidence and to quote loans at 1-32 commission, but this was hardly successful, and the real price of
call loans is from 3 per cent, on government collaterals to 4@5ou
stocks.
Prime commercial paper is iu demand at 5@6 per cent.
On Thursday the Bank of England showed a gain of £395,000
in bijUion for the week, and the discount rate remaini-d unchanged at 4 per cent. The Bank of Franee gained 14,1)33,000

The

in

francs in specie.

The weekly statemtnt of the New York City Clearinz-House
Banks, issued March 11, sliowed an increase of $953,400 in
.

the excess above their 25 per cent legal reserve, the whole of such
excess being $13,993,600, against $13,040,200, the previous week.
The following table shows the changes from the previous week
and a comparison witli 1875 and 1874:
-1876.-

1874.

1875.

Dlfferencef,
Mch. 11.
Mch. 18.
Mch. 14.
Mch 4.
liOnuB «'iudl8. |-170.1iia,90C t»70,748,400 Inc.. $535,600 tJ?8,4 16,000 |285,71MOO

Specie

88,701,600

Oircallllon....

;6.83«.ri00

Netueposlla..

280,426.400
46,945,200

liei'alendcrs.

83,139,800 Inc..
16,697.700 Dec.
287,102,800 Inc..
47,629,500 Inc..

4.J8,i00

7,075.900

134,800
676,400
684,300

S8,2«9,0i)0

8M,501,«0fl
51,142.900

27,914,300
26,7S0,900
»43,838,600
81,li52,3r0

—

United States Bonds. There has been a fair business in
governments this week without any feature of special importance. The London market appears to have been pretty well
drained of bonds, and we hardly look for any further consider
able movement in this direction unless there should be another
rise here, or some unfavorable influence to depress prices in that
market. The prices given below sliow very little change from

week.
Closing prices of securities in London have been aa follows:

last

Mch.
3.

D.S.68,V20'e,18«5, old.
0.8.68, 5- ao'B,18«7

107 Ji

0. 8.5e, 10-40's
Hew 58

106X
106%

Kange
—Lowest.

Mch.

Mch.

17.

10.

105

1

107Ji
106

!

105K

I

since Jan,

.

lOSJf
108
10«
105?t

.

I

,

I

I

reg. Jar. .fc July 182 Ji \iiy.
•123
coup. Jan. & July •:23
re?. .May jfc Nov •ns« •118X
B«,5-80'B, 1865
conp. May & Nov •11
llsX
«8, 6 20'B, 1865, n. 1., reg. Jan. <ft July *II9H •IWX
6«,5-80'8,1865 u. 1 ,coap. Jan. & July •119>i 119H
»8.5-ao's,1967
reg. .Jan. & July •I31X 122
«8,5-20'6, 1867
coup., Jan. & July 181X 121Ji
e",5-20'B,1866
ref. Jan. & July
6s,5-20'B, 1868
coup Jan. & July •123 J« 183 V
5s, 10 40's
reg. Mar. & Sept •!18X Hex
8e,10-40'»
coop., Mar. & Sept •118% ltd).'
59, funded, 1881
reg ..Quarterly •llbJi 118«
68. funded, 1881, ..coup
Quarterly
•118X
8s CnirencT
reg. .Jan. A July •126X •126*

»«,1881
6S.1H81

Sn, 5-»0'b, 1865

w

.

.

. .

*mx

'wm

•ThtiUtheDricebKl. DoaaKwai made at

me

Highest.

3| 106« Feb.
.31
109)i Feb.
\06% Feb. 28 108X Feb.
104>< Jan.. 13' 106X Feb

13.

II.

'76.—.

104)^ Jan..
107V Jan..

Closing prices daily have been as follows:
Mch. Mch Mch. Mar.
Int. period.

I,

14.

122Vi
•183),-

15.

188 :(
123

II
1

10
16

Mar.

16.

17.

122

122

m%

IWX

118M •118X •H8«
118H •llSJi
i:9'/4 119H •119W
iisx 119% \Wi
188
'181 JC •121 >i
121X
121X i2i»; 18l3i 181V
18;JK-

188)4 •lJ3)i 123 V
123 Ji •183V4
!8.1J^
•118
118>< •118

no)»

1I8V

•118

1187<

•ilbH

Board.

vrj

—

State and Railroad Bonds. There have been quite a number of sales of Missoari State iixes at 108i(ai04 for the long
Virginia
Tennes.see sixes, new, sold to-day at 41}.
bondj.
bonds are dull without much change In prices, pending the di»Louisiana
cussion of the suDject of an increase in taxation.
consols are firm, and as to the funding of I^evee 8« and N. Iy)ais
iana and Texas Imnds, the Funding Board has nubmitted the
questions again to the courts, and will do nothing for the pretent.
Railroad l>onds have been well maintained on a fair businefs.
To- lay there was some activity in the St. Paul bonds, owing to
the declaration of the dividend of 14 percent., payable in the
Chic. & Northwest,
consol. mortg. 7s tht-se declining to 88.
coupon gold bonds sold to-day at 94. Toledo & Wabash St. Louis
There has been a large advance in
Div. bond sold back to 70^.
railroad bonds since the first of the year, which Ijids fair to ije
sustained if railroad earnings keep up, and if there is a reasonably conservative management in the several companies.
The following were sold at auction by Messrs. A. H. Muller

—

<

&

Son

:

Shabeb.

I

*

15

5

&

|5,ii00 Del.

4,000
4,000
5,000
7.000
S.COO

Safeguard Fire

AHud.

C. 7e,reg., '84.109%

Chic. B. &Q. RR. l8tm.8«.lH
Buffalo Water W. 1st m. 78.104
Cam'n RR. in».. 9.1
K. City
Mo. Rlv. 7b, laid m.l 11%
Bur.
Bur.
Mo. RR. 8h, cony. 119
.

1

10,1

00 Mobil

'

A Ohio RK

6!',with

Nov., 18;5, couu

.

Ches

5,500

A

39

Ohio RR.

1st

mort.

with Nov., 187), coup. 36!4
1,400 I^cillc Hntui! Ins. scrip of
6b,

1868
9iH
6,730 Paciflc Mutual Ina scrip uf
85
1S69
4,000 Paciflc Mutual Ins. scrip of
1870
75
9,000 Metropolitan Gas scrip

ln.''ur;iace....l;^0

American Exchange Fire I us 1124

20Lepoi Fire Insurance
104
ION. Y.* YoukersFi elns... 90
Pacific Fire Insurance
848H
268
Manhattan Gas Ligh'
Peter C»«pc Fire Ins
807%

40
20
38
70
110

Relief Fire Insurance
93
Har. AN. Y. Nav. Co., $10each.76
10 Resolute Fire InBurance. ... 86%

1414
rI43V
14SV< 144X

A
A
A
8,0(X) Evans. A Crawf 78, extd..l0«%
S.010 Mem. A Char. KK. 2 m.7s. 62X

RR

.

Oai
Oaa

Bon vs.

.

&

Shabm.
225 MetropoUUn
50 Metropolitan

10 La.
Mo. R. RR., pref., fr..t80 50
4 La. *Mo.R. RR., com., fr...$4 60
33 Q. RR. Bridge Co., guar. 10 p.
110
c.byC. B.*Q. RR.
125
10 National Park Bank
113
36 Howard lasurancu Co
a4 Ninth National Bank
79'4
53 Continental Inmirauce Co . . 127V
30 Ridj^ewood Insurance Co. ...113
85 Gt-rnxan American Bank .... 78
50 American In^urancfl Co
155
295 Cedar R.
Mo.
S.'i^@S6
150 Renaselrtor
Saratoga RR. 117>i
20 Rc8olu e Fire Insurance
... 85^
60 Atlantic Ins. of Brooklyn
110>4
15 Urnublic Fire Insurance
92V

lOlX

Block
1,000

Metropolitan
etock

Oat

scrip
103

I

Closing prices of leading State and Railroad Bonds, and the
range since Jan. 1, have been as follows:
Mar.

Mar,

States.
Tennessee 6s, old
6s, new
do
North Carolina 68, old

Mch. ^Kange since Jan. 1,'78—
17.

10.

3.

"• -^
Htgkcst.
Jan. 31
-

Lowest.

•42(4

•42

•48

42V4 Jan.

6|

48

•40V

41
IS

•41

40V Jan.

4

46% Jan.

•17Ji

17X

•74 '/S

Virginia 6b, consolidated

•75^

do
do
8d series
Missouri 6«. long bonds
District of Columbia 3.65s

103% •103
•72V 72%

*S7i4

•39

103%

72%

Jan. 4'
15
76S< Jan. 29l

I'*

Mch.

31
10

76% Jan. 29
4«V Feb. 28

Feb. 1
Jan. 3 104>i Mch. 6
66H Jan. 21 75 Mch. 14
44

1

100

1

Railroads.
Central of N. J. I'll cons .. ..
Central Paciflc 1st, Hs, gold....
Chic. Burl. A Qiiincy cons.. 7».
Chic. A Northwest, cp., gold..
Chic. M.
St. P. cons. s. f. 78.
Chic.
I. A Pac. Ist, 78
Erie Ist, 7b, extended
LakeSh. A Mieh. So. 2dc. cp..
Mich. Central, cons. 7a
Morris A Essex, Ist mortgage.
„ .N. Y. Cen. A Hud. 1st cp
Ohio A Misa. cons., sink. fd...
Pitts. Ft. Wayne A Chic. lat..

R

A

112<^111V
108% •108%
'li 9),'

110

92%

93
*89

89
•lOO

108V Jan. 131118% Mch. 3
108% 104 Jan. 11 109 Feb. 18
107V -Ian. 4!lia% Mch. 11
94
85V Jan. SI 94 Mch. 13
88
79)4 Jan. 3| 90V Mch. II
112

no

109V '109^ 1071/4 Jan. 3' 110 Jan. 7
'110
Jan. 88 109% Mch. 2
108
•109^ •HO
•1(0

•SO

•99

103 V

105% M06% 101
IIBH
.- '117'/4 114
.. ^116%
120
123% *188V *'2)
•aS'i •93V *9S4 92 *<
'116%
•lieH •116
114V
^101% •lOlV 95
St. Louis A Iron Mt. Ist mort. 'lOO
Union Paciflc l9t 68 gold
105% 105)i 105 VXm
do
sinking fund...
92
9iX ^91%' 90
*

This

is

the price b'd; no gaU was

made

Jan. 7;105«Mch. 10
Jan. 4|ll8
Feb. 10
Jan. 151123% Mch. 4
Jan. 8 99% Feb. 1
Mch. 6
Jan. UjllS
Jau. 41101 V Mch. 11
Jan. 4106 Mch. 3
Mch. 2' 97% Feb. 21
1

at the Board.

—

Railroad and mseellaneons Stocks. The market this
week has been somewhat variable and not characterized by a do
On Tuesday,
cided movement in one direction or the other.
there was a rush to sell stocks on the announcement of the bank
failure, and prices declined sharply, with a recovery towards the
There was a further improvement on Wednesclose of the day.
day, and since then prices have fluctuated with considerable
irregularity.
Pacific Mail, after selling down to 18i on Monday,
In this stock
recovered yesterday to 24 and closes today at 21^.
and Western Union Telegraph, since the recent decline which
has taken plat», there is more liability of a fluctuation of 1@3
per cent at any time, by the contest between long and short inter-

The question of a dividend on St. Paul preferred has been
settled by the declaration of 14 per cent for 1874 and 1875, payIt was rumored
able in the consolidated bonds of the company.
that an injunction would be applied for to prevent the payment
of the dividend, on the ground that sinking fund provisions on
ests.

Mar.

•118X
118X
•llax
11«X

•138>i
•118?i
•119

.

?i

•188 Ji

118V
127

one of the old mortgages had not been complied with. The
President claimed that no such injunction could stand. To-day
there was an attempt to advance the price of money and depres.s

stocks by rumors arising from the sale of 2,200 shares of Bank of
Commerce stock at tlie Board. Of this the Post says:
" The sale of 1,000 shares of Bank of Commerce stock at the
first board and 1,250 shares this afternoon were used in the Stock
are
Exchange for the purpose of creating alarming rumors.
able now to say that this stock was sold by a leading foreign
banker, who had a small amount of the stock ol the Bank of the

We

K

..

H

....

:

and who lias gone into the new board of tliat bank for tlie
purpose of reorganizing it. The stock was bought by a capitalist
who is thoroughly acquainted with tlie Bank of Commerce
affairs, and who is anxious to obtain 2,000 shares more at 115,
The
the lowest price paid for the stock he bought to-day.
Bank of Commerce is the largest bank in the National system,
and one of the soundest and most conservatively managed."
Total sales of the week in leadini; stocks were as follows :
State,

Hail.

"
"

"

,

11

32,400
35,S00

13...
14
18.;
16
17

56,000
27,930
39,400
3S,900
18,100
31,600

56,400
27,0OJ
99,200
53,400
3b,90O
23,400

40,4')0

27,800
81,400
14.400

6,100
4,000
7,500
4,800
2,400
7,800

92,8iX)

"
6,400

98,700
90,500
45,400
32,S00
25,600

4, ,300

8,600
14,600
23,000
J 0,700

10,100
.V500
2,700
1,200

:

;

Chicago, 25c. premium, and St. Louis, 60c. discount. Quotations
of foreign exchange are as follows:
Mch. 17
.

12,700

Prime bankerB' sterling
Qood bankers' and prime com'l
Qooil commercial

Documentary commercial
ParlB(franc8)

The

271,900 3'),00a 385,900 30,.m
337,871 149.930 780,C00 200.000

296,800
494.665

number

pre!..
Uo
Chlc.A Oorth.
rref.
do
C, Rk. I.Ap..

Six
43X •14X
f5H 65X
.,

\w% UIX
i%

Col.ClilC.Al.C.

OeL.L.* West
Brie

dan.

119% 119X

& St. J OS.
do.

do.

pf.

Harlem

iX

USV

2m

'

'US
IB

29

28 V
V
USX 1«X

•'23

133

'28

1113V
65)i

IU3H

62X

6-.

63X

61

:i5v

21

X ti%

3«

66X

63X

6i

•m

s:

31

3«

68
IU6

67X
103

...

IS

90

"iSV 74 H
•B6X 87

l)l<lan<1

aske-l

:

no

14

133
15
23

.18X
35

67X

74

•86X

63
1U6

74
87

and the

totals

•1

i3

...

30

3X
6.-.V
61 J,

67X
69X

66X 66X
«7J« 68X

1U6X 1U«X

lOSX lO^X

6:ix
74
87

35
SC

3X

4X

to

the gross

f

Month of Feb...
1st week of Mch.
Month of Feb..
Central Pacific
la: week of Mch.
Chic. & Alton
Chic Mil. & St. P.. l9t week of Mch.
Oln.Lafay. & Chic. Mouth nf Feb..
Month of Feb..
Denver & Rio G
Uanuibal & St. Jo., Month of Feb..

18,872
41,259
1,000,000
87,037

weeks Feb.

Illinois Central .... Month of Feb..
W. . Ist week of Mch.
Indianap. Bl.
(ireat North.. 1st week of .Mch.
Int.
Month of Feb..
Kansas Pacific

.

Cairo

&

St. Louis...

Canada Southern

Hous.

&

Texas

C.

Ist 2

-il.giS

&

&

Louisv. Pad. & S.
Marietta & Cin

W

.

Michigan Central...
Mo. Kansas & Tex
Mobile &01iio
Ohio & Mississippi
.

Month of Jan
Month of Jan..
1st week of Mch.
l8t week or Mch.
Month of Jan...
.

.

.

.

.

let

week

of

.

Mch.

3d week of Jan..
Mouth of Jan.
Month of Jan.
Phila. &Erie
Rome, Water. & Og. Month of Feb.
8t.L.AI.& T. H.bchs. Ist week of Mch.
St. L. ].Mt.& South. l8t week of Mch.
31. L K. C. ,fc N.... 1st week of Mch.

Pacific of Missouri.

Paducah.& Memp.

.

.

,

.

&

36 622

13,392
14,427
9 6,159
74,439
100,700
a7,4u5

29,628
157,184

116,2H6

l-2«.799

10.3,304

608,; -26

481,681
28,292

136,01)0

1876.

$68,659

71,729
40,663
806,161
1,961,000
735.662

58,031
29,374
143,416
1.870,097

1,181,000

890,074
61,200
44.024
210,818
325.560
1,072,712

68.878
63,190
300,152
425,482
1,196,573
309,450

23,6611

33,415
2i,296
205,609
37,946

2.3,131

167,'2o6

152,805
94,203
50,612
196,729
74,376

71,7-tO

.53,598

21,602
231,193
75,957
9,738
88,200
72,173
25,814
69,187
1 12,240

15,212
195,606

167,-2o6

1,52,8115

Commoice

1,197,522
577,371
229, -234
698,164
194,842
21,502
1.56,685

i:6,.3.i6

9,657

87,739
752,900
602,997
145,043
69,187
211.448
l,22i;00O

122,585
604,938
455,783
14a,976
33,880
133.246
1,196,237

72,2.37

Southeast...

.3d

51,540

.

—

" •••'--—
-Quot.ition8
Li
Oiicu, Low.
nigh. CIos.
I,

U4X

114);

114K

13 ...ll45i 114Ji

114X

114)i

Saturday, Mch. 11....114)i

Monday,
Tuesday,

'

Wednesday,

'

Thursday,

'

Friday,

Current week
Previous week

Jan.ltodate

14....114X 114K 115
114Ji
15 ..114>i 114% lUJi 114;^
16....1I45i lUJi msi 114)4
17

...IMX I14K n4}i

lUH

I'otal

Cleariu^s.

.

Mercantile.

110
95

42

45

Republic

Chatham
People's

Sorlh America
Hanover
Irving

Metropolitan

,

7

Wall

St.,

quote:

Austin IDs... $95
DalhislOs ... 65
S. Ant'Io 10s. 80

,

$19,935,0i;0 $l,345,.'i83 $1,«80,676
20,090,000 1,153,000 1,323,470
25,700,000 1,085,100 1,248,134
51,986,000 1,757,974 2,103,761
20,070,000 l,08i.986 1,294,771
18,627,000
849,438
977,878

Nassau
Market
8t. Nicholas

Bboeaud Leather..
CornExchange
Continental

—

Forelsn Exchange Rates have been well maintained this
week on quite a moderate demand. There appears to have been
a smaller supply of commercial bills than had been expected, and
although the mercautile demand was quite light, bankers have

9f9,r«)C

8,573,200
5,5SS,100

1.63;. 800

Marine
Importers'* Trad'rs
Park
Moch. Bank'gAsso
Grocers'
North River
Bast Klver
Manufact'rB'& Mer.
Fourth National
Central National...
Second National
Ninth National. ...
I^lrst National
"Third National
N. v. National Exch.
Tenth National

Totol

The

33S.5;0
139,900
403,'200

3,555.'200

373.500

3,892,600

48.3,500

1.74U,''00

Legal
Net
Tenders, Deposits,
1984,200
I,749,K0
1,091,100
1,193,400
516,'2O0

1,363.300
495.200
1.971.000
; 63.300
(53.200
1.971.700

110
75

267.l'00

275,900
101,1!00

5i»,i66
88,900
3»,((10
696,000
1,419,300
157,400
207,100

3,«d5,'20C
1,971, :oo

376,300
193,000

631,900
692,600
860,100
453,400
£95,500
i38.10U
320.000
787 .9W

3.742,800
3,174.500
1,342,300
2,716,800

500,000

2,»34,0C0

235.(100

318.'J0C

1,600,000

13.O'J2.0O0
1 .739.91)0

l,3il,00C
41,900
34.000
127,600
98.600
94,800
Wi.OilO

976,000
339,200
180,400
812,900
191,»00
666.700
310,000
720,000
174,200
488,000
4.391.500
3,730,600
165,500

S65,«00
207,100
400
S3 .000
103.900

3.6,j4,400

2.437.100
8,398.900
2.^24.^00
4,4(13,800

2.831.800
4.053.500
1.394,1C0
1,906,200
16,655,608
14,135.200
1,030.000

180.71KI

MO.loO

350,000

861.000

I8,-2(lO

161.001:

.300,000

716.000
i;,3l5,600
7,645.000
1,696,000
6,9S5,200
5,465,300
7,096,7(0
1,444,<10
1,093.700
1.2tO.0C0

4,900
9S8,r,00

114.700
3,419,100

5,000,001
2,000,000
S00;»0('
l,500,CCC

500,000
1,000,000
500,000
1,000,000
2,50,000
300,(100

1,000,000
1,000.000

OC

64,0CO

2,5S4.0vlO
;,'237,9C0

1,32:,S('0

1,«1,300

1,600
171,900
3,500
158,800
184,010
8,400

293,200

182,0(10

2,863,100
2,010,100

'i','200

442.500

49U00
urooo
194,800
2,700
23B,0I»
80.100
347.900
405,000

2.97V20O

2,9;i5,700

896.700

3,636.900
1,763,900
2,538,900
3,335,400
1,164.100
2.367,900
3.176,400
2,045.000
9,614,(00
1,834.300
2,169,5.0
3.585,100

'2'25,000

ti.i9,8l'0

2'93,ii)(l

1U,300

984,800
3,-232.SOO

713,01X1

9S,'200

601,1(10

973,000

250,000
leo.rio

150.666
372.0)0
5,500

18.(00
131,900
3,908
191,700
692,000

2,108,300
18,570,800
16,625,100
761.300
641,500
816,500
602.600
618,600
14,»45.5«0
7,6*1,00)
1,834,(00
5,871.600
7,243,500
8,537,600
1,036,100

•2.35,60(1

I.M.900
1,682.900

1.1182.800

425.000

l,l;0JO0

:, 000,000

169.:

8,116,4(10

'264.100

i,5io,:oo
3,375,100

4.600
115.900
320,800
3,077,100
31,400
3,?00
15,100

6I3,'2U0

I27.90C
9.500
839.800

914,100
2,855,200
7.a71,00U
6,443,400

1,095,500
2 004,000
l,h21,6O0

l.',6O0

Circulation.

18,879.000
5.020.700
5,635.600
4.795,800
3.965.200
7.019,300
5,219,700
1,875,900
1,213,900
7.591,200
3,313,300
a,r27,400
1,411,000
1,136,300
692,400
2,753,400

518.400
384,400

00
10,900
52,'

1,822,900
763.900
2,995,300
964.500
3,980,600
11.470.000
18.946.100
4,596,300

500,000
300,000

.

566,800

1,676,400
8,53i.2G0

3,000,000

Bowery National.
New York Co. Nat.
Qennan American.
Dry Goods

-..-.-

311,800
619,200
330,800
590.100

3,SO0JOO

300,000
400,000
1,500,000

Oriental

329.(100

I.'75.200
3,781,500

SM.OOO

1,570,70(1

4.(100

538,800
4.008
176.600
485.000
6O,C0O
305.200

193.6X
l.(B7.566
1,327,000

135,000
S9,9Ca
45,000
49,400
265.000
449.900
219.000
l.tO.OOt

181.085,200 »370,748,400 133,139,800 tn,6'29,5O0 t227,;03,8OO »I6.697,700

deviationp from the reiarns of the previous

week are

as

follows
Loans
LsKalTenders

821,749

9,'234.'200

1,000,000
1,000,000
1,000.000
l.OOO.OOO
1,000,000
1,500,000

Specie

$

l'2.2»l,500

8,000,000
450,000
412,500
1,000,000
1.000,000

Wt'.OC'O

Citizens

Specie.

|9.3i4.80C
6.132.900
7.817,100
6,455.700
4.037,500

4'22,700

Pacific

Balances
Gold.
Currency.

lI4Ji $158,417,000 $
114Ji 114?i 115
1145.' lliJi lUji 114X
164,351,000
708,800
113
112% 115
...
lU>i

«90

Dlsoounti.

3,000,000
5,000,000
10,000,000
1,000,000
1,000,000

Broadway

week of Feb.
26,536
8t.PanI&S.City,&c. Month of .Tan.
33,880
Tol. Pcoria*\Far9aw Month of Feb...
81,8',9
Union Pacific
Month of Feb
6-28,000
620,307
Il'hc Cold Market—Gold has been steady throughout.
In
the absence of any further large shipments, there ha< been
nothing to disturb the price materially, and fluctuations have
been limited to a small range. Today, excliange was marked
np to rates which warrant the export of coin, and some moderate
engagements were reported to have been made for tomorrow's
steamers. On gold loans to-day the rates paid for carrying were
Loans w^-re also made flat. Customs
3i, 4, 3, 3 and 1 per cent.
receipts for the week were f2, 350,000.
The following table will show the course of gola and opera
ions of the Gold Exchange Bank each day of the past week:
St. L.

Capital.

600,000
300,000

•231,193

.110

|

& Co,

Loans and

24l,6'i8

58,8,32

.

10
15

Silver Hill

Union Consol
Yellow Jacket.

Banks. — The

13,000,000
2,050.000
Manhattan Co
3,000,000
Merchants'
2,000,00«
Mechanics'
1,500,000
Union
8,000,000
America
1,800,000
Phosnlx
1,000,000
City
1,000,000
Tradesmen's
600,000
Fulton
300,000
Chemical
1,000.000
Merchants' Bxch.,..
1,500,000
Ballatin, National..
Butchcrs'&Drovers'
800,000
Mechanlcs&Traders
600,000

722,,"83

1.036,728
445,526
196,729
573.952
158,297
15,242
195,606

8,992,417 20

Cities.

Houston

interest.

'200.000

37,946

130,286
06,189
229,234
89,330

With

Cities.

Leather Mannf
Seventh Ward
State of N. York.
imerlcan Bxch'ge.

.30,557

33
63

6s of 1892.

Greenwich

202,525

26
17

pensionS104

lOs,

106

264,204
371,853
30.557

2SJ,.302
4l:!,548

2,347,470 42

.

Eentuck
Mexican

New rork

1S75.

$117,417

,

Currency.
$4,678,724 61
687,219 77
33
916,3-28 83
63
675,315 86
18
693,023 24
23
43
1,051,805 39

231,278
203,4;i
767,148
189,233
129,699

02
54
79
16

640,958
697,271
8)7,743
1,104,439

3,607,435 63
8,562,647 06
44.070,566 19 35,713,517 52
45.4.30,53r80 3.5,373,747 38

110
112

Banks.

,

1875.
$68,669
21,412

Payments.
Gold.
|723.6'i4 57

following statement .shows
Ne^wYorK City
the condition of tbe Associated Banks of New York City for the
week ending at the commencement of business on Mch. 11, 1876:
-ATSBAOB AMOrKT OF-

Jan. 1 to latest date " furnish the gross earnings from January 1 to and including the
period mentioned in the second column.
lAteeteamings reported.
Jan.l to latest date.
1876.
$117,417

Mouse and Suu

,

Texas State

78, gold.... 5106
7b, g., 30 yrB|l07
10s, 1884... SICM
99
10s, 1876

The columns under the heading "

.

08
49
38
28

Justice

88
115
... 85
84

Texas State

which returns can be obtained.

Roads.
Atch. Top. & S. Fe. Month of Jan..
Atlantic* Pttcifl<:... 3d week of jian..

I

Ophir
Crown Point
Texas SECtJBiTiKS.- -Messrs. Forster, Ludlow

k-ir.l

1

504,413
476,82
610,658
250,821

2,360,000

California
Chollar Potosi
Consol. Virginia

S3X 63X
•;SH 74
•. ..
86V

from .January

464,000
439,000
221,000
249,000

95^12

96
96
9«
9«

Snb-Treasnry.

.

"2iV 34

JO
-iX

mat
95M9
KX&

California Mining Stocks.— The following prices, by telegraph from San
by Messrs. I, & S. Wormser, 64 Broadway:
March 10.
March 10,
March 10.
41
Eureka Consol
Alpha
11
Overman
81
Gould & Curry ..... 21
33
Belcher
KaymondA Ely.... 18
59
H»le & Norcross.
63
Best & Belcher
Savage
18
64
Imperial
Caledonia
Sierra Nevada
23
15

IS8

"7V

13
14
15
16
17

©5.11J4
<atS.iV/i

40XO 40X

94J<a 953<
at theCustdnt

—

.

m-i\%

Francisco, are furnished

30H 30V
21« 23X
14» 15

1.S

The statement includes

railroads from

63X 64X

23

94^0

@4.88

4.87
6.15
5.15
5.15

40>J
95i(
95i<

94^(3

Balance, March 10
Balance, March 17.....

103

30

B

"

U

ToUl

•.... 116

X

140

•S6S

at t)le

"

63>t 61X

34

•78

75
87

wan made

«al<

101

26

3X
6JV

••

uax

35X 35X
29V 29V

3X

21

63X •63

The latest railroad earnings
latest dates, are given below.
earnings of all

14

13<

'•

19V 30X
\i\ 18V
23X 2SX
4iX •.... I4SX

I5H

14

3k.

105V

4X

U%

WV

30m
22X

31

138

3UX

66)4

"

•IX

•iv^

•

25

1U5)4

43X

i:ov

I19X

3UX
isx

l\% 23X

....
-23

'....

•TblslH thK price

M%

H%

•22V
35
30
8><

36*

63

106

•nv

19

4'2V
64
iiU9(

4V

•119

119

ITcli

•103X 103 -,
6H< «.iX
64V 65 X
XI14
1:1
1I5X 1'5X

'i^%

•137" 14U"

140

63V 63V

United States..
Wellr, Fargo..

3U

65

4X

28
38
"... 141
144
lii3H 'I02X ll»
63 X 65
65)4
64X
63X 6r.x

U5V

19V

nv

64X

13x

14

14

•17

..61

•

X

115

18X 20V

UX

lOii

'

.

mii

115

pret. "«!< 'UH
do
'26^St. L.,I.Hr&S. '25
SI
at. L.,K.C.&N. 31
i% 3X
T., Wad. & W..
Union Pacific. 66X cs
West. Un. Tel. 67H fiiTi

American Ex..

•

4:)x

i%

i.i%

4.87X(a4.88>i

94%^ 9SX

Cnstom

SIX

83 JK

liUV III'K

19V 3UV
18X

I8X
29S

lO^V

18!i

17!^

. .

.

HUM

i\

23 K

..

'.41

*i%
61X 61V
119

23K

8:'^

33

43)4

5

•18

13X i«%
18H WX

...

IIOK

\i\

Pacific Mall....
Pacific ot Mo..

Adams Uip

m%

'ti

«

.

lOil

\iii

as
'\ii

Panama

»\%

20

Ullnois Ceutral Vli W\i
Lake Shore.... 64K
Michigan Cent. 63H 63^
H.H.Ctsu.&tl.ti. '.16), \\i\
Ohio & Miss... i\H iMi

QalcksllTcr.

81><

42H HH
I3K 65V

66,^

inx

lllX
•4V
118V

79

$4.90

House
Receipts.
Receipts.
Cuirency.
Odd.
$500,000 $1,854,913 40 $4,743,049 07
477.000
479,801) 00
539,185 43

5i;

U%
U%

83
44
65 V

4.89

^OjJ;^

The iransactlous tor the week
Treasury have been as foUowa-

m

4.88 ^4.S'7
4.84)f a4.85>cj
4.84 (^85

...;

Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (relchmarke)

line, for

m.90X

6.17xa5.14?i

,,.,

Amsterdam (gnlldere)
Hamburg (relchmarke)

of shares of stock outstanding is given in
the purpose of comparison.
The daily highest and lowest prices have been as follows:
Monaay. Tuesday.
Thuraday. Friday,
Saturday
,y. Wednesday, Thursday.
Marcu U. March 13. .March 14. March 15. March 16. March !7.
i%
a.t.A Pacpref.
4Ji
4X
4H 4X
"
•19
•19
At. *Pac. Tel. "ISK 30
19j^ 19X
'18X 30
lUI
07
Centralo; N.J. '.... ?,^ 101)4 1U7X luex lu!
106)4 106V
107X io;x
43 « 44
42* 44
C, Mil.&St.P. ii% 45K 41J< 45V 42H 46
43X 44 J4
total

the last

4.90

5.17)ia5.14Ji
5.17)ia5.14ji

Swiss (francs)

83,400 44,300
153,992 !23,744

—

3 days.

4 .86)04 87
.

Antwerp (francs)
Total
183,200
Wliole«t*ck. ..300.000

:

80 days.

10.600
6,600
10,400
8.100
6,400
8,200

l.),IK)0

LMaich 18, 1^76.

kept up their rates very firmly, and advanced this morning to
|4 87 for 60 days sterling and $4 90 for demand, the rates on
actual business being about \ point lower.
As to domestic
exchange, the following were the rates on New York to-day
At
Savannah, 5-16 premium
Charleston, nominally unchanged,
\@i premium; Cincinnati, quiet and steady, par to 50 cent,
premium; New Orleans, commercial par, bank i premium;

Ohio A
Liik« West'n Chic. <fe
8t. Paul
Shore. Union. N'weit. Erie. MUs. St. Paul, pref

Paciac

'•

.

THE CHRONICLK.

274

Mch.
"

.

The following

Inc.
Inc.
Bic.

5S3.600
438.200
634.3

:

Net Deposits
Clrcnlatlon

are the totals for a series of weeks past
Legal

Loans.
Fah.

Feb

12,

19

F-eh 36
Mch 4

Mch

,

11..

Inc.
..Dec.

W76.400
134.800

1

Specie.

'lenders.

266.556.700

24.514.600

47.895.600

368.0U.4JO

32.041.91(1

4-1.967.800

363.430,0(0
J70.162.SO0
>70.;48,40»

2(,706,200
32.781,600
33,189,800

49.013.100

46.945.260
47,639.600

Circu-

DeoosltB.
33.^.559jOU
3a4.762.2eo
324 .-(3; 400
336.426.400
227,I03,IOe

lation,

:

Aepregaifl
Clearlnes

17,296.50,1

416,4.36.597

17.183.100
I7.C2i.00O

444.910.717
366.83 1.713

I6.b.'«.50«

4.'>8.(m,743

1<,«97,70«

3»<,983,43(

,

March

K

.

18,

(

March

1876:

13,

Capital

^tlaullc

tlM),uut)

*tla«....

1,5U0,MII)

ETtackRtoDe

1,000,000
1,000.000
700,000
«00,0«0
500,000
1,OOU,OOC
1,000,000
1,000,000

BfStOD
'•

»ylBton

BroAdWB)
('entrsl

C ilnmblan
Cjntlaental
Kllot

Howard

(481.600

»I32.',00

9 1, 1(0
8I5,aUJ

1,1106.200
2,1192.400

8OJ.9(10

i,2urim
l,85i..5MJ

200

StU'UO

128.(tU
cs.ova
13,000

t41,IU0

^'6,800

Kixtm

910.100
640.900
12B.IKW
sse.iio
1.194.700
682.400

41,'flO
.52.000

909 300
587,100
1.182,700

466. 40U

49.5,700
1,157.91)0
t6S,'2U0
1,0»<.40II

327.'J00

800,000

1.<;4.80U
2.51111.710

2,100
50,0(0

750.000

'..781,1(10

.S.I.TUU

1,000,000
500,000

a.3.(a,io{i

S 1,300
24,2, '0

soo.ooc
900,000
400,000

i.iii.eoc
2.558,100

is.ioo

5 '..•2(10

<2.1«0

121,600
7S,400

a»s,iH)i>

3.U3,1H1

JOO.OOt'

65,700
66 .IKK)
45.500
130,900

412,«10
878.500

45,U(
l73.1ti0

100,000

i.;r!i.4oii

1,000.000

3,807.31X1

Fourth

Bank of Commerce.
Bankof N. America
U'k of Itcdomptlon.
Bankof Kepnbllc.,,

Oommonwealtb
Olty
Sajtle

KxchanETe
Hide A ueatber,
Severe
Security

...

SCO

MOO
7i,;oo
2:.'(0
67.5(0

m'

1,047
1.195 .000
2S'(.S00

2,000.000
1.000,000
1,000,000
1,500.000

5.r>J«.900

2,3*5.100

3,'itO

l.S«9,i'llo

2SO.900
9,600
153.000
2f 3(10
2.7U0

S.OSO.IOC

•217.300

3,«a.'.,r00

13,600
13,000

S.10«.8l'C

2.751.800

1,000.000
1.000,030
1.000,000
1,500,000
<,000.000

2.015.I0('

4.46S.100

300,000

Union
Teoster

^'A.»J)
985.000
65S.500
163.700

.

5.1.0,

S.US.iOO
l.OSC.lUO
1.6(18.51)0

260,000
6;.«0C
99.500
131.800
191,800
912.7f0
8J.SC0
»7.900
76.400

8 i,ilO

2.165 800
803.8C0

3 3.900

619.401'

2,'<2.S('0

2.400.4O0
1,018,500
2.'21.100
617.SJ0

671,800
951.900
577.000
179.500
5S2.00J
883,600

922.300

....

17.098300

t;29.9S1.5(lo 53,275.900

»5I,35C.0Oi">

.

.

I.55.751.9C0 «24,293,'20O

,

Tbetotal amount "duetootherllanks. "as
as perstatement o.
of Mcb. 13, is $22,511,100
The deriations from laBt nrnek's raturnBare ae IoIIowb:
(i«.'00 Deposits
n-crease.
Decrease.
747.500
anecle
Increase.
219.6.X1
(;ironIatlon
Decrease.
184,000

Loans

Tenders

Iniirease.

ThetoUowing are the
Date.
Feb. 23

Loans.

Mch.6

130,653,10.1

Hch.

do

16S.,j(W

3,868,700
.

129,981,500

19

6.147.600
6,930,000
7,098,300

8.(B(i,300

3,275,900

Pblladelphia Kauka-

—Tli^

5I,H60,500

21,864,100

55,90.'.ltlO

21.129,'<Ol
24,'295,200

65,154.11(10

do
do

Camden*

i>7,000

250,000
250,000
500,000
400,000

1.382.5H

Mechanics'

Bank N. Liberties.
Soutbwark
KenstiiKtoa

Peon
Western
Manufacturers'.. ..

Bankof Oomracrcov

4.57S.OOO
5,5J4,iitfl

"10,000
SOO,OU)
oOO.OOu

r.OOO.WXJ
150.000

Slrard
Tradesmen's
OonsoUdatlon

7,000.000
200,000
300,000
«ty
100,000
Oommonwealtb....
260,000
Oorn KzchanEe....
500,000
Onion
500.000
First
1.000,000
Tblrd
300,000
iso,oeo
BUth
BeTentn
250,000
Klgbtb
275.000
•Rostral
750,000
Ittnkof Republic. 1 )00,ino
Secnrltv
350,W11

1,92,1,000
2,8'.7.0CC,

1.033,819
1.310.500
1.9:6,596
2.704,000

759.530
4.02O.OO0
.553.(00
1.17^.558
1.51«,!12
;

•r,.im

1.812.000
1.225.900
478.000
267.300
601,000
611.118

1,13.9

3,000
30.3JI
e.60u
3,953

3,874.0110

7E3.(100

4.0 1.7r0

1,000,000
626.(00
2:5.f50
147.0OC

1.428.000
1,282.000
2,352,000

l(n.O(X)

1.U5.7J,'
618,838
943,6;5

222.000
218,700

1.9S'J.966

20S65O

719
123.000

l.U;!>,OtO

3.5'il.(l0(l

22.0110

323.01W
209,031

'.I52.0MO
760.674
1,U1S,S)5

lO.Sl'O

415,2'21

815,000
7,190
7,1100

4,863.000
1,029,000
557.000

28,0)0

720,000
402.000
1,867.000
307.000
117.00(1

1.061,1X10

1.612.000
2.179.000
657.000
250,000

.

.

$10,527.SS7

TnedeTiati'nB from the returnoot previous we(?k are a«

followin:

Loana

inc.

Specie

»38.55t Deposits
65,6731 CirruIatloTi
151,06:1

V»cb.6

Mch.

731,823

59.487,«54
59.525,208

13

686.1:>0

Dc
weeks past

2dm.7B.'88..

do

do

do

47.501313

10,534.852
10.523.687
10,547,556
10,.V27,'287

53

1

,

106
II'S

1(6
'.'6

II

5K

do

rcK.1911

1

Phlla..

60

Bo&tou
Boston
Boston
Boston

«b.

MatiaaRhanetts 6b, Gold

Boston

««,

5b. Gold
Currency

Wllm.

4 Bait, 63,

'.IIM

:c5H

..
Portland 6b
...
Atch. A TopekAlst m.la
do
land Rt. 7b...
do
2d 7«
land Inc. 128.
do

Boston & Albany 7b
Boston & Maine 7(t
BurltQKton & Mo. Neb.

do Ne^.

do

Eastern Mass..

7b

lad. Cin.ft Laf.

do
do

8b. 1S94
88, 1883.

78. 1869

equipment IOr.
fnnded debt 7b

OKdensbnrflr ft Lake Ota 58..
Old Col. A Newport Bde, 7, '77
.

Ratland.new

7s

M

.

V-^rm't Cen., iBt
.. cons., 7, 'S*
4v 2tiMort..7,1891.
Var moat * Can., new, 8b

,

..

Wllm.'ft Read. ,lBtM., 7.1900*.

& Mo.lnKebruskH
Cheshire preferred
Uhlca-iy, Bur. A Qalncy
Uln. .Sandusky A Clev.atock.

78
71

to"
lix

Concord.
Connecticut Klver
134X
Connecticut A PassumpBlr.pf.
Kaatern (Mass )
ok
Baetorn (New Hampahlre)
'

108K
lUlH

m"
102

50«

136"'

126"

Manohest^r A Lawrence
A Lowell
Northern ot New Hampshire,.
Sorwlch A Worcester
r>(r (lenB. A L. Champlaln
do
do
pret..

ISO
S9

OUlColony
dd

preferred

V.-,ruunit

iVurn. Jut

A Canada

A MassachaaettB

Worcester

A KaBhna

:22S
31
83

iOSS

-.

Prrt..Sftco A PortBmouth...
Kntl\n(l common

96
100

ICO
75
(0
90

•5
US
«5
85
79
7»
79
79
78
79
40
97

SO
ao
45
100

102
Cincinnati Booth'n BU.
Ham. CO. .Ohio 6 p. c. long bd3. •99
"

CIn.

p.c.ltosyrs,
lgbds,7 *'..8nf
Cov.Brldgo Block, ircf
bonds, long,
do

do
do

do
do
ft

cm, Ham.
do
do

7

l)..l8tM.,7, 30..
2dM.,1,'85..
do
3d M., 8, 77..
do

ft

loo
•104
115
90
'.02

95
•100

98
•.m
108
109

95
li3
106
1,0
95
104
97
55'

92
75

70

I

101

n

94X

M

94K

09X

1st M.. 6,
do
Ind., Cln.ft Laf., 1st M.,7

1(5
101
94

91
93

96"

78
69
(I.ftC) 1st M., 7,1888 89
do
94
Little Miami, 6, 1883
55
cm. Ham. ft Dayton stock. .
100
ColttmbnB ft Xonla stock
42
Dayton ft Michigan stock ...

80
70
90
96
60

103
97

lOB
98

do

1908,

Little

8 p- c.st'kguar
do
Miami Block

—

I04S

43"

bOIIISVILIiE.

Louisville 7s. .
Louisville 6b '82 tX) '87
68,'97to'»8
do
Watei 68,'87to
do
.

,

Water Stock
Wharf 68

do
do

'89..
6b, '97.

lOlK 102

9l3 92
92
92
92
93
92

91

SIX
97 K
<r.}i

special lax 6s of '8.^. in*
do
Mad. 4 1,l8tM.n*M)7, ^1
70X 71 ir
do 2d M.,7,
do
90M
do Ist M.,7, 1906.... 9I«
do
LouUv. C. ft Lex., iBt M.,7, '97.. 7SH 76
Jeff.,

louls.

ft

Fr'k., l8fM..6.

do

'70-'78..

Lonlsv.Loan,6.'8I

L. aiNaslJ.lstM. (m.s.) 7,'T?..

do2d Mort.iao;'
do
OAXAL BONDS

88

90

91

91X

95

96

d" Lou. Loan (m.s.)6,W-'S7 MX 92
95
(!.eb.Hr.)6.'S6 »1« 92
do
do
Delaware Division Cs,'73
lotv
94H
do latM.(Leli.br.ex)7.'80-'85 98
Leblgh Navigation 6b. 'HI
91
90
101
Lou.L'n(I.eb.hr.eI)6,'»8
do
Rn.'97...,
do
do Consnl.lst M..7.18M... Six
deb.Ti.... 98
do
Jefferson., Mad. ft Ind
conv '8? 100
do
'Y
Lonl8T.,Cln.ft Lex.,pref
conv., g.'94. 105
do
common 4
do
do
gold, '97 105S I05X
do
,

iii'ti

FncUburg
Nashua

83

•84
•9«
'106
•107

it
7»
7-308
7.306

19-4..

143

134
?0

stock

A Maine
A Providence

Bnrllnk^ton

aiji

do 58,KOld
OhlcaKO Seweraxe 7b
do
Mnnlclpal 7s

& Albany stocK

A Lowell

do
do
do

61

Cln. ft St.Lonl8 7s, '90.
Shamokln V. ftPottsv. 7s, IW..
Steubenville ft Indiana 78. '84.
.Stony Cri^eK, Ist m.. 78, 1907...
Sunbury & Erie Ist m.7e,'77..
IJnltedN. J. c-ns. m. 88, 94..

102M 102X

BTdCKB.

Maine Sa

Series.

Cincinnati 5s

•,02

78, '93

new conv. 7s, '.898
doCoal* I,Co m. ,7s. '92- '3

'

97

CINCINNATI.

,08

68, 80

Warren &F. Istm. (s,'»6 ..
Westchester cons. ;s, '91. ...
West Jersey Ist m.68,'96
do 78.1597....
d«
Western Penn. RH. 6b. l.-i9S....
do 6sPb'96,
do

8/8S. :oo

1875
1876
l»77
1878

Certlflcate8,Bewer, 88,1874-77.
Water Certlllcates,88, i;n...

.

VennontA Ma88.,UtM.

t^ew Hampshire, 6i

do

CITIES,

BSCUBITIES.

BBOUBITIKS.

BOSTON.
Vermont

AND OTHER

BOSTO.N. PIIIL.IDBLPUIA

do
do
do
do
do

97)i

Pitts..

aeOTATIO.NS IN

78,I»t'8...

.98
96

Waaf'ington.
•8
Ton year Bonds. BB, 1878
Fund Loan (Cong ) 6 g, lEBS. V7
Fund. Loan (Leg), Cs.g, 1902.. 97
Cern. of Slock Ci>^S) 5b, at pleat. 70
"
"
n843)6j<, atpleac 85

Ches. *0.at'k('47) 68. at pleas.
Oeorffetown.
General stock 8s, 1881
do
68, at pleasure
do
Bounty stock, 6s,
do
Miirke! slock, 8s,
Board of Public Works—
Cars. Gen. Imp. 8s, 1871

iOlX

deb.hond8,'93
g.m.7s,c. 1911

do
do
do
do

:

.lS,0:a.577

m.«8,'81..

25H

97

.

Philadelphia ftBeadlnii

Deooslts. Circulation
48.525.099
47,422,950

15.103.756
11,932.639

Ale.

ft Blrlo 1st

Phlla.

20.269

.

ft

i5

101

93
9C
94

83S
Cln.. Hain.* Ind.l&gnar ....
90
lOOH Cln.ft Indiana. Ist M.,7
-,^.
do 2d M.,7, 1877.. 70
do
'9ii. 102
9>'X 92 H Colnm.,'* Xenla.lst M,,7,
81.. UH
Dayton ft Mich., IstM.,
108H 111)
2d>l.,7,'84.. 92
do
'do
Pennsylvania. let M.,«,l'i80... 104
7, -88..
90
3a
M^
do
105
do
H
«lo
63
1910,
coup
m.
gen.
do To'do dep. bds, i, 'ei-'94. as
do gen. m., 68 reg., 1911) 107
Oarton ft West.. iBt M., 1S8I. .. '100
cons.n. 6s, reg.,1906, 99
do
IstM., 1906.. £6
do
do
87H
Perklomen 1st m.6B,'»7

R c n.7B,'89''.
Oil Creek Ist m. 78 '82
Peanft N. Y.C.ftR R 78.96-I906.

Dec. $1,102,149

Dec.
L'saiTender Notes
Dec,
The following are ttis totals for a aeries of
Date.
Specie. Le-ialTender.
Loans.
Feb.31
70;,8.-2
5<!.3S'J,412
15,6i'2,575
Feb. 28
7S<I,4S2
53,549,88
15,652,(16

do
78, M;
Market Stock bonds, 76. l.«92.
WaterStock "bonds 7b,1901....

109
7s, '96
chattel M. lOs 1877 lOB
gen. M. 7s, 1903. !U6

oil Cr'k

5C7,000
796,000
154.00O
45.000

$47,422,950

$686,150

.

•

*s,

District of Cobimbla.
Perm, linp.,68,e, J.4J, ;851.

2dm.

do
do
do

m"

.

k

.

.

103

H

M.fgr.by W.' o.lJ.ftJ lit)
Sd M . (guar.) J.& J 108
Cin.7B. F. a A., 1692.., 107s

2

Mar.*

15!i

1(4)
Junction Ist mort. 6b, '8:{.
100
1900...
'.id
do
do
1B98.
con.,
6s,
Lehigh Valley,
do reg.l89S.. lOS lOS"
do
do
7s. 1910 109\ no
do
do
ao
con. m, 6s 19 3 100 »( 101
do
do
UK)
Little Bchnylkll List M., 7, 1877.
IHW
Northern Pnclflc 7 3-lOs. 19M)'. 18
104H
North Penn. Ist m, 6b, '85

246,00(1

78,000

ISO,000

»16.5;5.nor $59,525 208

l8tmon.*s,'90
2d mort. 7b, '95...
do
Sd m. cons. 7a. '95
do
Ithaca* Athens g.7«. '90'...

111,000
796.000
262,100
135,000
219.590

$1I.»52.6S9

Centennial

110.001

78. 1900....^.

H.* B.T.

ZiLOtm

817.0(10
3,902,0110

73C

4

178 000
270.000
358.975
218,000

519,000

183,000
248,000
812.000
553.000

(j91,0OC

50>4

100

1st m. g.7i', 1901* 60
97
Connectlng_6B 1900-1904
Dan.. H. ft Willis, let m„7e.'87*
1110
Dflaware mort. 6b, various
1113
Bast Penn.lst mort .7b, '88
W'raspoit.lst m. 7s. '10. 101
El.
do 5s,perp 65
do
Harrlsburg ist mort. 68, '88. .. 101

202.315
530.000

611.0.O
1,9:9,000
1.621,000
1.293.0(0
949,000
132.000

'2l'l,Oi;0

1,658,000
1,7 3.0(10

new

do
do

Cayuga Lake

5SO,fjOO

1,736J),10
611,(131

.995.000
106.000
168,000

Total

catawlssa,

.'r2,357

251.830
511.11S
372,000
260,111

I'.lViO

'0,.52f

do
do

.10

6b, '89....
mort. 6s, '89,

1U8

104M 105

\»•ASl^IN«TO^.

B. Klt..I910

78

107
101

.

15
.

.IXH 104

J...

A.*0.

•7)4
do
2d.M.* N
66^
•ax UniondoPH., 8s,8d.J.&J
IBt guar,. J ft J. i66"
5iK
Canton endorsed. «s
do
Mrf*CBLL*ITHOfS.
108
Baltimore Gap, c(;rtlflcates.
39
People's Gas
do
Certlflcat(B

7M

Cam.* Allan. 18tm,7s,K. 1908
id do7s.c. 1880
do
Cam. * Bnrllugton Co. 68, '97.

H?.0.,1«0

1,000,000
2,000,000

iVA

52
:30

.

J.*

•

5.5,S

ii'A

55
Delaware.lBtm,6,'7 100
2d M. 6B,'Sn US
do
3d M.68,'87 »5
do
Amboy, 68, '88... 100 !k

do

following la tlie average con.
dition of the I'Uiladelpbia National Banks for the week preced,
Ing Monday, March 13 L876:
Total Del
Banks.
„
Loans. ftp'uMe. L. Tender. Deposits ..Uuculat 'II.
"oapltai. IS020,0O'J
Pniladclphla
11,500,000
«3,S.O.(!00
11,450.000
$720,003

9ortta America
Farmers and Mocb
Oommercial

54),
110
52*,

Inc. 78 end. '94.

do
Belvldere

.

nONIr*.

6s, 1880,
«s. )W5.

6s. 18S5, do 102
6»,19(K1.A.*0. 108
6B.gnl(l,l»»i..I ft J. 10:
Cen.<>hlo6<.l«t M..!l''.il,M.ft8, 100
W. Md. 6e, Ist M.,(gr)'90.J.aJ. 1(8
do
IstM., IK90. J.ft J.. go
d
'id v., (gn^r.) J.ftJ. 108
ai
do
2d M.. (pref.)

51

pref.

Val
Allegheny
*
do

I

totals tor a series o( weeks past:
snecie. LeEaiTenders. Deposits. UlrculatlOD.

130,699,000

14
38
51

50X

7 S-lOs. '.89«

'k

do
do

BAILBOAD BONDS.

I

Leffal

7

12

Trenton
Phlla., wllmlnii.& lialtlmore
United N., I. Companies
Westchester consoi. pref
West Jersey

do pref
SchnylklU Navigation ......

ItSK

Northern Central
6

31

OANAL STOCKS.
Delaware Division...'
LehlKli Navigation

lOO 160

M.(guar)'v'i. J.&J
Plttsb.ft CcnnellBV.'lB.'ts, iio

*

Philadelphia

Ohio

do
N.W.Va.,3d

Pentsyivanla...^..
Polladelphia & Erie

Phllartelphlaft KeadlUK

Ohlo-8tnck

RAILHOAD
Bait. A

53H

Kortb P<-nosylvanla. ..
Oil Creek *Alle([heny Klver.

ft

Central' bio
BO
Pittsburgh ft Connellsvllle. 90

Atlantic
pref
do

Neatjuehonlng Valley
Norrlstown

mu

Wash. Branch. .1(0
do
Parkersknrg Br. 50
do
Northern Central
50
Western Maryland
50

....

Morris
Total

Bait,

7s,

UttleSchuylltlll
Mlnehlll
•.,•,

45.0.10

9r7.9il0

Jersey «b. Exempts, var,
(;ounty «B, various....
do
....
City 6)

do
Catawlssa
pref
do
2ud pref
do
Kast renosylvanla
UlmlraA wlUlauisport
Blmlrali WllUarosport pref..
Hantlng.lon & Broad Top ..
do pref.
do
Leblgh Valley

.—

6—

uold, various
7B,Watei Ln. varloiu dis'x
7«. street Imp.. '83.86

Camden &

6s, 1834,
i4,ou
iiuartrrly,
1 - - '
<f,ia8«,
J. ft J

do
6»,1890, Quarterly.
do
6«,Pa_r».^lB»:',
ICJX
101
do
(s,l>'W.U.*
do
«•, exempt,'*9,M.*8
\in'
do
I., 1900, J. « .1.
do
loan ll»X
•a, 1102,
Norfolk Watfr, 8i
BAfLIWAD sTocxa. Par.

6fl.

do
do
do
Harrlsb-Jrit City 6«,
aalLEOiD BTOOKB.

564.7(0
4'9.;00
473.000
101.200
45.000
470.300
S.ijBOl
646.410
982.500

718,9110

do

5s, 1918

do
Delaware 61,

565.1'Xi

155.50()

2.564 9CI)
2.61S,0O(l

4711.600

1, 609, .'00

Baltimore

Camlen
Camden

18.90'

i.^m.soo
Si9.S00
998.9U0
727 900
ES'.SdO
607 900
989,800
1.659.100

594.500
se.4oo
8.000
236.800
353.800
4 ;«.3uo

4U,I"0"

SSS.fiOli

1,000.000
1,500.000

•

910 900

m.i.

288,40(1

S.4IS.II00

500.000

154 .aid
f 0.7(0
118.*'0
Vi4.8ou

New

8\500

541,100
805.600

85,5(10

17.400
82.500

3,((;n.90(J

•2.(01)

3UO,000
'M>.«0

.

^SOO
r9.4O0

S.a78.51'(

750,000

S0O.500
211.100
215,500

do
do
do
do

144,60(1
'-17.400

854.8110

0.675.9(HI
a,3Sll.9jP
3.55«.10('

1,000,000
1,(00.000

FltlsbnrKli, 1918

•..7.5,000

Tremont
.

207.7011

5,130.3110

l.OOO.OOC
l.OOO.OUO

WashlngtoD

7l'2.lllO

1,581.1(0
697.600

i, 000 ,000

First

m\

19.W0

State
Suffolk
Trader*'

Second (Oranlte) .
Third

112S

853.903
364.TJU

73;l.3U0
1.413 '200

do

15-'2S. 'i<'2-92

2'2S.l(Kl

1.13l..'00

1877-82. lOSH

<•, 10-15

Phlladolpbla

»r.o.:oo

508.800
482,800

RALTmOHfC.

Maryland <•, defence, J.*. I.
do
6«. exempt. 1p87
do
«•, Itto, quarlcrlr.., in
do
Ss, (inarterty

OIT7 BONDS.

6s, old, varleUB.
do
6s, new
do
do
/llleitben; CoimtT 5i,

3.13,100

7,6i"p6

do
do

15S.OU0
277.8
742 5"0
576 800

5i,';(«

Sbavmat

1.500,000

5 12.-0U

5o;,oco

36,500
104,100
61,300
123.-00
6;.500

TATS AND

fennsylvanlats, ItolU. Int. var
do cur. var.
do

5'2(l.2,Xi

»ii8,700

»S.8(10

PniLADELPHIA.

l!».«.'0

S,<:9.9UI

861,000
551.100
i.542.000
3.15I,g(C
l,ka7.50U

200,000
1,000,000
1,000,000

Sloe A Leather

3!,K0U

1,000.000

500,(W

Mount Vornon

l.'2',4(JO

97.800
•8,700
2I",800
26.100
83.300
44.4(0

3,000,000
500,000

liiw KnKland
Worth
OM Boston

I

25.liOO

MaBBacliuaettB
Mavttrlck
Merchaiidlsa

Mctropo'Uan

8.1,300

•i,l'i<>,300

2,598, 00

MirKot

Merchants'

52,b00

«00,00(l

U>imlltO):

ACanufacturers

t3«,10ll

1«.9U0
20,300
15,300

iiiao,oo«

Freemftu'a

Olobe

IlLKOC

•.'aj.ao

a.'.H.'Ji.c

lUklTtJI..

Olrcul.

Jl.llS.-lOO

2 jM.kh;
1,004,800

Krcrctt

KaneullHall

iptcle. L. T. Notes. Deposits.

Loans,

Bt<i.-rontlniie4l

Ask

taouarriaa.

Bunks

ML

P III.,lOi{LPIII\,

8(><|r4>N,

« riig^yyuu^il of tlie Dosjion
National Banks, ag returned toilje Clearinir Houttt on '^ondar,

M

.. .

R0N1%K.

11

Hoston Hankii. — B«low wB,invM

,

M

H

. .
..
.

^IgE

7«.]

1

—

.

SIX

m

Bcbnylklll Nav. Ist
6«, '97.
2d m., 6s, 1907 81X
do

do
do

106'

.

:2H
86'

100
100
100
75 X
9«

Marrls,lstU.,6. 1876
3d M., 1876
do
boat, '85
do
PennBylvania6s, 1910

m.
6s,

6s, '95

—

Ma»hvllle

Long Bon«l»

low

' 1(7
Water 6« gold
do{new)i« IC6K
do
do
do Bridge Approach g.es" 10»>«
do Bennwal gold 6s......' losS
.10

82«

do Sewer g.

Imp., 'SO...

defaalt ef Interest.

ft

ST. LOITIS.

SI Louis 58,

.

do 6s,b..atftcar,l913
do 7s,boatftcar.l915
scrip
do
SusquehaonH Sb, 1894

In

Louisville

St Lolls Co.

At

*

do

6« (dne'9!J-S)'

new Park g. 6s
c-y, 78....

Pad (1 r. gnar. land grant*
2.1 M. (fnnded;..
do

•And

Interest.

ink

105

io«x

M
.9

I

—
..

. . ......

..

.

(March

GENERAL QUOTATIONS OF STOCKS AND BONDS
U. 8. Bond*

ana

Railroad Utoekt art quoted on a premout

actint

Bid.

BS0TTBITIX8.

5a,188e

do

8a,

<I0

8b,1888

IBM

A

Exchange

I^-ire«.)

Susq., 1st bonds.

do
do

do
do

2d
3d

116

.

...

4 Krle, Ist mort
guar
do
do
Bur., C. Rapids * Minn. Ist 7b, g

"

Boston, Hartf.

do
8a, Mont. & Enf 'la B.
do
8s, Ala. & Chat. K
do
of 1888..
8b
of 18W..
do
88
Arkanaaa 6a, funded
do
7b,L. H. * Ft. 8. 1«B.
do
78, Memphis A L. R.
7s,L.R.,P.B.ftN.O
do
do
7B,Mle8.0. *R. RlT
do
7a, Ar!c. Cent. K
Connecticut 68

f

A

111

Louisiana & Mo., 1st m., guar.
Louis. Jack. A Chic, 1st m
Chic, Bur. & Q. 8 p. c. Ist m
1U6
do
do consol. m. 7s
96X
(xcorgia 6a
Chicago, Rk. Island * Paclflc
1U4X
do
78, new honda
do
S. F. Inc.66."95
do
78, endorsed
Central of N. J., Ist m., new.
do
78,goldbond8
do
do
lat consol
Indiana 5a
do con. couT
do
tninole6B coupon, 1877
Lehigh * Wllkea B. con. guar.
187>
do
do
Am. Dock A Improve, bonds
do
Warloan
Mil. A Bt. Paul lat m. 8a, P. I)
Kentucky 6a
do
do
2dm73-10 do
Loulalana 6a
do
do
7a. gold, R. D.
do
do new bonda.. ..
do
'.St (S £
do.
do
debt
floating
do
new
do
Istm.^^LaC.D.
do
do
do
78, Penitentiary
do
l8tm.I.*M.D.
do
do
6b, leyee tonda
do
do
iBtm. I. AD.
10
do
do
88,
do
lat m. H. A D.
do
187S.. 44
do
88,
do
do
do
latm. C. A M
of 1»10.. W
do
SB
do
lat
Consol. ..
do
1(C
Michigan 68, 1878-79
2d m.
do
do
do
103
do
68,1883
Chic. A N. Western alnk.fund
ao
do
78.1890
Int. bonda.
do
do
liiiX 102
MlftBourl 6a. due in 1876
consol. bds
do
do
iiu
;o2x
1877
do
dc
ext'n bds
do
do
do
d«
1»78
do
do
1st mort..
ILIS
do
1879
do
cp.gld.bds
do
do
103
1880
do
do
do
do
reg. do
Funding bonda due In 1894-5. ;03X
Iowa Midland, Ist mort. 8s.
Long bQB. dne *81 to "91 Incl.. 103>4 104
Galena A Chicago Extended..
Aaylnm or UnlverB..due 1892. 103 103X Penlnaulat
iBt mort., conr
Han. A St. JoBeph, due 1876. io;>i
Chic. A Milwaukee, 1st mort..
do
do
do 1886. 1U3
Winona A St. Peters, lat mort
do
do 1887. IIWK
do
do
do
2d mort..
York Bounty i.ca7i, reg. 1M%
C.,C.,C. A lnd'a.lBtm.7e, 8. F.
coup. 1IMJ4
do
do
do
Consol. m. bonds
do
6a, Canal Loan, 1877.
Del., Lack. A Western, 2d m
1878.
6b,
do
do
do
do
78, conv.
do
6a, gold reg..
Morris A Easex, lat mort
113
coup.. 1887.
do
6b, do
2dmort
do
do
loan ..188S. 1.6
do
68, do
do
do
bonda,
1900..
do ..1891. 120
do
6b, do
do
construction
do
d» ..ISTf.
do
58, do
do
do
780fl871
nk
north Carolina 6a, old, J. A !.,
do
do Ist con. guar
A. * O _ 17X
do
Erie, lat mort., extended
do
N.C. KK....J.* J.X 55S
do
do
endorsed
55S
A.
&0.,
do
do
do 2d mort., 78, 1879
do coup oil. .J. A J., 42
do
do 3d do
78,1883
do do oiT.A.ftO.. 42
do
do 4th do
78,1880
Funding act, 1866... 11)>S
do
do 5th do
7b,1888
lU
1868..
do
do
do 7a, coua. mort. gold bds.
New honde, J.* J. 8X
do
Long Dock bonds
A. A O..
do
do
BnlT, N. Y. A Erie, Ist m., 1877.
Special tax, ClaBBl.
do
do
do
do targe bda
Claaa 2.
do
do
Han. A St. Jo. land grantB
Claaa S,
do
do
do
do 88, conv. mort...
IDA
Ohio 6a, 1881
Dubuque A Bloux City, Ist m.
no
do 68.1886
do
do
2ddlv.
117
Rhode iBland 6a
Cedar FallB A Minn., 1st mort.
32
South Carollna68
Indlanap., Bl. AW., 1st mort.
36
Jan. & July
do
do
do
2d mort...
36
April* Oct
do
Mich. So. 7 p. c 2d mort
Funding act, 1866... 36
do
Mich. S. * N. Ind.. S. F., 7 p. c.
<U
1889,
J.
&
J
Land
C,
do
Cleve. A Ttl. sinking fund....
Land C, 1889, A. &U. 10
do
da
to new bonds
St.

.

.

117X

Pekln.Llncoln* Decatur, latm
Boston A N. Y. Air Line Ist m
Cln., Lafayette A Chlc, 1st m.

of 1888.
do
7b
nonfundable bonda
do
Tenneaaee 68, old
do new bonda. ...
do
do new series
do
do

Texas, 108, of 1876
Virginia 68, old

do
do
do
do
do
do

do
do
do
do
do
do

District of

new bonds
do

1866...

S67...

consol. bonds
ex mati' d coup.
conaol. 2d serlea..

deferred i)ond8..

37

no
'.Oiix 109 j<

tea
114
114«
112
112),
109
IIU
96), 98

93

102'

102 1<

93
83

41
11

34
34
34

74H

95
103;;

6l>>i

39

Marietta A Cln., 1st mort
Mich. Cent., consol. 7s, 1902

.

Columbia 3.65s

do
do

III),

112X

Railroad Stock*.

now
i(;9

lio

104

107

(Active prevtottsly quoted.}
101
100

Albany* SoBqnehanna
Central raoitic

Chicago & Alton
do
do pref
Chic, Bur. & Quincy

*

Indlanap.
Cleveland A Pittsburg, guar..
Dubuque * Sioux City
Brie pref
Hannibal * St. Josepli, pref
LjQlnols Central
Xndhinap. Cln. * Lafayette..,.
Joliet & Chicago
Cleve., Col., Cln.

ma

109),
117
.19
S«
56),
9654

76

do
do
do
do
do
do
do

Hudaon

t

.

.

n"

American Central

lO!

lOSX
101
107
|03

I.dlv.,lst

k

iO«>.

69

123
120

ISOV 121),
l20i 121),
93
98),

98X
•SX

97» 98K
91X 99
113

»8M

mi,
106

105X

1031.,

»1X
67
92

93),

.

76.

39

.

do
do
do
do

ft

ts,

105
110

63S
96"
lOlX l02

7s, 1876, land grant
7s, Leaven, br'nch
Incomes, No. 11.
do
No. 16.
..

A South H. 8s, guar
Kal., Alleghan. A G. R. 8s, guar
Kansas City A Cameron lOs.
Kan. C, St. Jo. A C. B. 8s of '85
do 8s of '98
do
dp
Keokuk A Des Moines Ist 7s
Ist coup, Oct. ,'76
do
funded Int. 88
do
pref. stock...
do
L. Ont. Shore RR. Ist m. gld 78.
1st 7s, gold.
Miss.
Lake Sup. A

Leav., Atch. A N. W. 7s. guar..
Leav., Law. A Gal. Ist m., 10s.
Logans., Craw. A S. W. 88,g!d.

Michigan AlrLfue^ls
MoDtlcello A P. Jervis
Montclair 1st 78, gold

Mo» F msa^^

'>'eX8«

7i.

gold

fold

104

1(6

75

do
Auguata, Ga., 7a, bonda
CharleBton atock 6a

New

...

old

68,
68,

new

Orleans 5s

KastTenn.

Ss

A

A

do

Georgia 68

Va. 66, end. Tenn
Ga. 1st m. 78.
do
stock

A

Georgia RR. 7s
do
stock
Greenville

A

...

Col. 78, guar

do

do

7s, certif...
78..

Macon A Brunswick end.
Macon A Augusta bonds
do
do

do
do

endorsed...

stock

MemphlB A Charleston
do
do
do

Memphis A

lat 7a.

2d78...

do
Little

."itock

Rod:

.

1st m..

MlssfsslppI Central Ist .n. 78.
do
2dni.88....
Mississippi A Tenn. Ist m. 78.
do
do consol. 8s.
.

Montgomery A West
95
70
66
95'

76
83

6B,gtd,JuncA
6s, do Feb. A Aug

.

|04

loe

CITIKS.
Atlanta, Ga., 78

East Tenn.

guar

C. IstiS...

Kalamazoo

108H

do
do

K. Tenn. Va.

St.

Stock..

6s, 1892
7s, gold
108, of 18M
10s, pension

Carolina Central 1st m.6s, g...
Central Georgia consol. m. 78.
do
stock
Charlotte Col. A A. Ist M. 78..
do
do.
stock
Charleston A Savannah 6s, end
Savannah ft Char. Ist m. 78.
Cheraw A Darlington 7s

42)i

C. Ist 7s, gold..

Louis 7s
Houston ft Gt. North. 1st 7s, g.
International (Texas) let g. ..
Int., H. A G.N. conv. 8s
Jackson, Lansing ft Sag.Ss
ICansaL Pac. 76, extension, gold
do
7s, land grant, gld
do
7s,
do new gld

do
do
do

i7V
116\

lOSM

A Texas

Indianapolis

68
68.

Texas State
do

,

equip...

Indlanap. & VIncen Ist

Iowa Falls A Sioux

(^vattttiorvt:,

.

Evansvllle, Hen. A Nashv. 78
Evansvllle, T. H. ft Chlc. 7s, g.
Flint A Pere M. 7s, Land grant.
Fort W., Jackson A Sag. 8s
Grand R. A Ind. Istguar 7s....
do
Ist L. G 78...
do
1st ex L. G. 78

Hous.

{Broken'

Louisiana new con'sol.Ts
South Carolina new consol.

.

2d7s
7b,

8a

Soothecn Secnrltles

Richmond

Pittsburg lst7e

do
do

7a, gold....
7s, gold

WIscouBin Valley

Savannah 78, old
1]
do
78, new
Wilmington, N. C.,6e,gold...
do
do 8s, gold....
BATLKOADB.
Ala. A Chatt. 1st m. 8s., end..
Ala. A Tenn. R. let mort. 78.
do
do
2d mort. 78...
Atlantic A Gulf consol
do
do end. Savan'h.
do
do stock
do
do
do guar...

^\ Grand River Valley 8b
78>i

:6s

111

A

do
do

71

do
consol. 6s
do
bonds, 78
do
gold 7b, quarterly
do
lOs
do
to railroads, 68..
Norfolk 68
"
Peter8burg6s

Chlc, Danv. & VIncen's 78, gld 21
Connecticut Valley 7s
93
Connecticut Western Ist "is
TO
Chicago A Mich. Lake Shore.
Dan., tlrb., Bl. A P. 1st m.7B,g 45"
Dea Moines ft Ft. Dodge 1st 7s.
Detroit, Hillsdale ft In. RR.»b
Detroit & Bav City 88 guar
Detroit, Eel Elver ft III 88.
Det.. Lans. A Lake M. 1st m. 8e
do
do 2d m. 88
Dutchess A Columbia 7e
Denver Paclflc 7s, gold
Denver A Rio Grande 78, gold.
Evansvllle ft Crawford8v.,78
Krle

104 >,

Wcat Wisconsin

do

guar.,

m.g.

7a

12"

40
55
55

Walklll Valley 1st

Nashville

70X

104

..

62)4

C. Bl. 1st mort. 10a..

Montgomery 88

104

^

7s,

A

Mobile 58, (coups, on)
do
8s, (coupe, on)

104

8a

S'thweBtern

Ch.D.&V.,

.

W

A

Jo.

Lynchburg 6s
Macon 7s, bonds
Memphis old bonds, 6s
do
new bonds, 68
do
end., M. ft c. RR.

105
108
108

.

.

. .

Warsaw 8s
Grand Trunk

ft

Chlc.

103
103

29

C

Oulncy

*

70
5«
20

bds, 88, 4th series

R. I. A St. L. Ist 7s. gld
^- ''«wego
78, gold..
Sioux City ft facinctx.
Southern Minn, construe. 8b.
'd,

R\.iiuo

Charleston. S. C, 78, F. L. bds
Columbia, S. C.,6b
(/'olumbus, Ga., 7s, bonds

Central Paclflc 7s, gold. conv.. 108
Central of Iowa Ist m. 7s, gold 36
do
do 2d m. 7b, gold
Keokuk A St. Paul 8s... ~
lOi'
Carthage A Bur. 88
104
Dixon, Peoria A Han. 88.
104
O. O. ft Fox U, Valley 8s.
104

Chesapeake A O. 2d ni. gold 7s
Col. A Hock. V. lat 7s, 30 years
do
do 1st 7s, 10 years
do
do 2d 7s, 20 years
Chicago, Clinton A Dub. 88.
Chlc. A Can. South, lat m. g.78

f d. iSJS..

.

Fac RK. 78. gold
do
6a, 2dm.,
Canada Southern lat m
do
with Int. ccrtife.

Iil9

conv., 1876....

m

78.
7b..,
8a...

rJ4

105

Harlem, Ist mort. 7j ioup
do
do
reg
North Missouri, 1st mort
Ohio A Miss., consol. fink. fd.
do
do consolidated
Long Island
do
do
2d
do
MarletU * Cln., Ist pref
do
do
1st Spring. dlV^
do
2d pref
Central Paclllc gold bonds..
MorrlaftEasex
do San Joaquin br*nch
Missouri, Kansas * Texas.
do Cal. A Oregon 1st.,
New Jersey Southtirn
l>i
IX
do
State aid bonds
N Y., Now Haven * Hartford. 157 158)4
do
L.
bonds
Ohio & Mississippi, pref
Western Paclflc bonds
lOSJfl
Pitts., Ft. W. * Chic, guar.
Union Paclflc, Ist mort. bonde
do
do special..
do
Land grants, 7s
lis"
Kenaselaer & Saratoga
do
Sinking fund..
Rome, Watertown & Ogdens
Atlantic A Paclflc landgr. m
Louis,
Alton
Bt.
A T. Haute.
South Paclflc KR. bds. of Mo'
do
do
do
pref
PaclflcB. of Mo.,l8tmort. ..
BelleTllle A So. Illinois, pref
do
do
Ist Caron't B.
Bt. Louis, Iron Mount. A South.
do
do
2d mort
Terre Haute A Indianapolis...
PItte., Ft. W. A Chlc, Ist morf
Toledo, Peoria A Warsaw
do
do 2d mort.
Toledo, Wab. A Western, pref.
do.
do 3d mort.
Warren
loa
IDS
Cleve. A Pitta, consol. a. fund,
do
do 4th mort...
nilscellaneoua Stocks
Col., Chlc. A Ind. C. 1st mort.
''(.
00
i;d mort..
American District Telegraph..
Rome, Watert'n A Og. con. Ist
Canton Co., Baltimore
St. L. A Iron Mountain, latm.
Cent. N. J. Land Improv. Co..
do
Sdn
Dolawave A Hudson Canal
U9).
Alton AT. U., lat mort
A'"erir,Hn f;oai
do
do 2d mort. pref...
Coniioliuatlon coal of Vd.
4ik
do
At
2dmort.lr,come
Mariposa L.*M. Co., ass't paid
Belleville A 8. 111. R. Ist rr-. 5e
do
do pref "
9\
Tol.. Peoria A Warsaw, K.i)..
Cumberland Coal A Iron
do
do
L)..
Maryland Coal
do
do jTir. Dlv.
Pannaylvania Coal
do
,„,
4« Sdmort..
Spring Mouotaln Coal
do
d< cosr tl.V
.

89
3j
12

11'6

Hudson, lat m.,coup
do lat m., reg...
R. 7a, 2d

IS., do
3dS.,do

106

4thS., doSs.. 108
5th S., do 8s.. loe
do
6ihS., doSa.
109
Bur.,C. K. AM. (M.dlv.).. 78.
Cairo A Fulton, Ist 7s, gol

Illinois

20"

l8tm.7i
consol. 7i

68, 1883
6s, 1887
68, real estate...
6b, subscription
78,

do
da
do
do
do

Chlc, Dub. A Minn. 88...
Peoria A Hannibal R. Sa..
Chicago ft Iowa R. 38

78,1876

A

Mo. KIV.,LAnd m.

ft

112
103
106
109
103

.

equlpm't bonds..

N. Y. Central
101

79Xi 60

106 J4

New Jersey Southern,
do

Bur.

no

California
lf3

1st ra. 88, 1882,8. f. 114

do

102

do
do
do
do

;;?-

99
99

.

no

Poughkeepsle Water
:05
Rochester City Water bds., '98 107),
Toledo 7S08
102
Yonkers Water, due 1908 ..
in
BAILKoAUC.
Atchison ft P. Peak, Ss, gold..
20
Atlantic A Paclflc L.G. 68, gld. 30
Atchison A Nebraska, 8 p. c
20

100

lis'
Il6
104 >,

Dlv. bonds
Cons, coup., Ist..
Cons, reg., 1st
Cons, coup., 2d...
Cons, reg., 2d

lOO'

'Watcr7e

Rome 7a, guar...

do
do
8p. c
Sandusky, Mans. A Newark 7s.
St. Louis, Vandalia A T. H. Ist.
do
do
'2d, guar.
St. L. A So'eastern Ist 7s, gold
St.L. ftl.Mt. (Ark.Br.)Vi;g.
lf6
Southern Central of N. Y. 7s..
109
Union ft LoKansport7s
losk Union Paclllc, So. branch, 6b, g

1C9

do

lat '}B,gold.

.

Indianapolis 7-308

OBwego

ft

do

Long Island City
Newark City 7s

93V

A N. Y. 7s, gold.

do
„
Rockf

St.

106
100
;os
105
105),
105
106),
104
106
107
9S>, 100
99
ICU
104
106),
108

68

10»

A J. Ist mort.
Peoria & Hock I. 7s, gold'.
Port Huron ft L. M. 78, gld, end
Pullman Palace Car Co. stock.

niTiKs.

7s, sewerage
78, water.
78, river Improvement
7s, various

,Tl.

Peoria, Pekin

l^lKt.
tjirokern' (^otattons.t

do
do
do
do

1st

2d7B

Jersey

Y.AOBW.Mld.

Oswego

109H llOX

Buffalo Water and Park
Chicago 66, long dates

Gulf

do
do
2d 7s, conv.
North. Pac. 1st m. gold 7 S-lOa..
')mal a A Southwestern UR os

iniacellaaeoiis

Hartford

103\

Lake Shore
do
do
do
do

N.

IST.
coup. 7b, 18i4
reg.
_ 7s, 1894

85...

104

m

New

91

A

Cleveland ts
Detroit Water Works 78.
Elizabeth City, due '95...

losk

do

43
40

Long Island RR., Ist mon
103
South Side, L. I., 1st m. bonds
do
sinking fund..
Western Union Tel., IsklO.coup »»i

94

no

00
do
24 m. lOs.
N. Haven. MIddlet'n A W. 7s..
N. J. Midland lat 78, gold

R., Ft. S.

may

. .

A Jacks, let m
'do certlf's 8s..
Nashville A Chattanooga 6s...
Norfolk A Petersburg Istm.Ss
N. Orleans

do

do
do

do
do

100
96
100

78

C,

do

15
14
14

P. 1st 8s.

do
do income
Mont. & Enf aula 1st 8b, g. end.
Mobile A Ohio sterling
do
do
do ex certif
do 88, lirterest
do
do
do 2d mort. 88.
do
do stock

Northeastern, S.

2dm. 88
1st

m.

8s.

2dm.Ss...

Orange A Alexandria, lets, 6s..
do
do
2ds, 6s..
do
do
3ds, 8s.
do
do
4th8, 8s..
Rlchm'd A Petersb'g 1st m. 7s.

A

SO

Rich., Fre'ksb'g

86'

Rich.

82),
»7>,

Southwest RR. Ga.lstm.
S. Carolina RR. Ist m. 78, new.
do
6s
do
78
do
stock
West Alabama 8s, guar
PAST DUK COUPONS.
Tennessee State coupons
South Carolina consol
'Virginia coupons
consol. Qg-Qp
do

do

SO
60
25

25"
12

A Danv.

Poto. 6a.
do conv.7s
.

.

l8t consol. 66.

.

MempbleCUy cO'ipoQ,-

be.

Bid. Ask

67

Albany, N.Y., 68
101

A

Mo.

Iowa,

do
do
do
do

118

101

105
103

do

do
do
do
do

IM),

A Ash., old bds.
do new bds
Detroit, Monroe A Tol. bonds.
Buffalo A Erie, new bonds
Buffalo A State Line 7s
Kalamazoo A W. Pigeon, ist
Cleve., P'vllle

48

YORK.

,.X

A Hudson Canal, Ist m., *91

Del.

.

.

Illinois

A

103>i
114
114:*

U6'

A So.

Ist mort..
Lafayette, Bl'n
Miss., Ist m.
Han.
Central Missouri, Ist m.

.

aw

do
do
do
do

36 X
S3

mort

ChlcEigo, l8t

18, 1876.

SBOITKITIBB.

Wabash, I8t m. extend,
do
lat m.St.L.dlv
do
Sdmort
do
equlpm't bda.
do
con. convert.

Hannibal A Naples, 1st mort..
22X 22« Great Western, 1st mort., 1888,
2«
do
2d mort., 1893..
50K Qnlncy A Toledo, 1st mort. 1890

Chesapeake * Ohio 68, Ist m..
do
ex coup
do
Chicago A Alton BinkiHg fund.
116
do
do 1st mort
IW
do Incame
do
Jollet

NKW

BIOttBITIXa.

A

Tol.

Railroad Ronda.
(Stock

Albany
do
do

1883

IN

.

Prices reprsient tht ver cent value, tohatever the par

eBOTTBITISa.

State Bonds.
U«buni>&a,

piige.

.. .
......

.

THE CHRONICLE.

276

lo

M

g

.. ....

. !

March

.

5
8
«
f
6
S
7
s
5

.

THE CHRONICLE

1876]

18,

—

4
8
5
4
3
7
4

..

.

NEW YORK
Bank

277

LOCAI^ SBGCJRITIES.
mock

Imaaraaea

Stock Islmu

Llat.

(QaotalloDi bj K. 8. Bailit, broker,

Com PAN I SB.
Harked Diua

Fiiox.
are

(")

aot National.

Par Amonnt. Period!.

Hroadwav

Jan.3,*76...5

ISO

s.oou.ooo

Nov.

113*

800,000
2,000,000
450,000
300,000

Chatham
Chemfcftl
Citizens'

6i»I.OU»'

City

1,000,000
lo.nuo.wKi
1,500,000
1,000 ooo
100,000

om ncce

Cja.i'ien...!

Cora BxcUanire*
,,.

1,0<X1,000
3iS0,0OU
•.te,noo

Bastlllver
Bieventh Ward*....
Fifth

IMI.OOC

Avenue-

Fifth
First

5v.

2nioB

J.ft.l.

F.&A.
ft

J.

J.ft.l.
.J.ft

.).

.Lit .1.
IJ-J.
.I.&.l.

'eoo.ooo

200,00(1

Greenwich*
GranJ CeutraP

200,000
100,000
800,0(10

J.ft

000,000

.l.ft J.

1

Grocers*

Hanover

1

linporier8'& Traders'

1

Irvlni

Island1 City
Leather Mauufactrw..

...

Loaners
Mauufcarers'A Build!'
Manhattan*.
Manul, & Merchants*.

J.ft J.
F.ft A.

F.ftA
J.ft
J.ft
J.ft
J.ft

1

M.ftN.
M.ftN.
M.ftN.

.000,000

500,000
4.000,000
2)0,000

J.ft
J.ft
J.ft
J.ft
A. ft

1,000,(HX)

M.^N.

1.000,000

New Vork
New Vork County.*.'.!!
N J.Nat.KxchaiiKe..
VT. Oold FschanKe'.

3.000.000
200,000
SO0,O(X)

500,000
1.500,000
1,000,000
400,0<»
800,000
422.700

Nlntii

Nortn America*'..
Rortli UlvBr'..

**"

OrientalP»cttlc»

Park

2,000,(X10

Peoples*

4!2.500
1,800.000
250,000
2,000,000

PhenU

Produce'...

"

Renuljiic. ......
St. NIcliolas..

"

.

Seventh Ward...

Second
Shoe and LeatUei!

'

State of Now rori.

Tenth

wiird
TrdJesraen's

:;:::;:
.....

Union
We»t8lde»

J.
J.
J.
J.
J.
J.
J.
J.

Q-F.
J.ft J.
J.ft J.
J ftj.

300,000

J.ft J.

3(10,000

J.&

200,000

aud

().

1,000,000

'.'.'.'.'.'.'.'.

Cias

J.ft
J.ft
J.ft
J.ft
J.ft
J.ft
J.ft
J.ft

J.
J.
J.
J.

F.&A.
F.&A.

1,000.000
200.000
2,000,0(0
1,000,000
1,COO.OOO
1,000,000
1,500,000

! . !

Sixth

J.
J.
J.
J.

J.
J.ft J.
J.& J.

M.ftN.

ct

do

Jan.

12

J.

M.ftN.

J.&

J.

'.'...'..

38«,0IXI

4,000,000
2,'00,000
1.000,000
500,000

u

Jan.

'..

1,000.000
TlO.OCO
4,000,000
1,000,000
6V5,000
466,000
53,000

scrip
'..',..

do
do
bonds
Westchester Countv
Certiilcaies

Bonds

-l.not.
.'.

1,000,000
1

Bteecker St. ifc J^aUonJ''errt/~6iock

mortgage

l8t

SeveiUK .4v)«— stock.

<t

ttrootli/n (Stii— stock

:o

(

.

Chrl\topker

tf

Tenth

.

lOOJ
100
100
1000
too
1000

.Si:r«c(— stock

Brook'n—igt niort
Uri/ riork, K, n. J- Battery— htor.k
Ist mortgage, cons'd
Ata/itri

100
lOOC

1st mortgage
Brnadwdii flrootlyn)— stock..
Byooklyn ife //uiuer^n it— stock...
1st mortgage bonds
K,€ntral Pk, N. <t E. iMcsr— stock
'St mortgage
L'tnei/l--<luiid

10(1

lUOO

,

mortgage

Iftt

,fe

1000
100

Avenue—atock

166
morteaite
1000
I .St. ,t Grand St ferry—tiock..
too
Ist morlgrtge
1000
Central Vvohh 'Jotcn- sleek,
100
iBt mortgage
1000
Ist

ArlniA Aoeji »e—stoclL
1st mortgage
6ectjn(i Avenue
lat mortsrage
-ft

—itook

.

..

mortgage

ID

7S

ConvertlDle
Avenue- stock

C:ir.a.

Ut mortcags

N<,v.

Ian.

S
1

7X

8

10

10
8
8
10

13

114

10

8
8

tut

mortgage

•

run

.•.•»!

i.K.

last

iii'

140

Nov.

1H

7
12
13
12
10
7

10.75. .4
Jan. 3, 76.. .5
Inly 1,75.. .7
Jan. 3, 76.3 >»
May, 73...
.Jan.S. 7«.. 3

'X^

lEO

103)4
120

000,000

900,000
694,000
2,100,000
1,500,000
2,000.000
300,000
200,000

1,8(0,000
1,200.000
650.000
307,000
1,200,000
900.(00
1,000,000
203,000
748,000
236,000
560,000
300.000

Jan

125

.5

'96)4

3,76.3><

.

JulyI8,74.3>4
Feb. 8, 75. J

Jan

147>i

90

1.

Last
dlvluend

0.
F.ftA.

4
I

Aug.,

J.&

5

.Ian..

iO

Jan.,

5

Mch.,

M.&S.
M.

S

ft

50
50
25

Guaranty
Unardlan
Hamilton

1(0
lOO

Hanover
HofTman

50

'.5

50
100

Hope
Howard

•25

importers'* Trad..
"rvlng

Lamai..
Lorlllard

31

^17..^9
192,2)7
S9,:54
S.'.,880

601,222
5.0,059
1U,4SS
181,812
146,060

-25

|2H
7
5

J.ft J.

3K

F.&A.

3'2",S99

171,99T
65,503

100

Peter Cooper.
People's
Phenli (B'klvnl

..

Produce Exchange

20
50
50

im
50

Keller

100
lai
100

25
100
25
50
1(«
lOO
25
25

Stuyvesant
Tradesmen's
United Slates
Wt-ctchester

10

50

?6fl,00()

ft J.
J.ft J.

9

J.*

7

J.

128
128

n

1(5

105
100
'80

85

137,1134

396,655

Jnn

176,'229

Jan., '76.10
Jan..,'76.10
Jan., 76.10
Jau., •7(i.lU
J«n., 16,
Jan., 76. 5
Jan., '76.. 5
Jan., 76..
Jan., 76 .5
Feb., '76.15
Jan., 76.7)4
"ch.. '76..
Jan., '76.5.6
Jan., •7rt.7H

85,941!

83,680
a.'.ni
2'i%958
186.916
49,945
15;,;34
i;:S,'M4
(14,153

176,015
189,878
261,511

Jan., 76.10
Jan., '76.15

1S(I,18«

Jan 76.. (
Feb, 76..

r.

374,'i0«

Jan., 76.10

,

Over all liabilities. Including re-:nsurance,

and

capital

170
205
185
170
110
107

in
170

«2X
190
60
160

19S

70
170

195

115

132
tlO
175

nn

lis

•m"

,'76.10

,'76.. 5

nx

'iii'

,

Feb

uu

SO

Jan., 76..
Jan.. •76..
Oit., 75. .6

765,689
21, 01
71,825

m

107
90
r.s
118

170

141,(140

ia"
155
ISO

100
110
120

125
200

2Z1,.''>r,7

.*.••.

169
116

Ian.,,'7».10

'

'210

IM
140
100

90

SIS

w,

»8

no
so

'37X

190
125
ii'j"

120
100

ieo"
160

profit scrip.

Oahikl A. Moran, Broker,

40

Wall Street.]

BoDdsdue.
A-eio

.Jan.,'
'

.,

1880
1884

16

Q-F.

NOV..75

M.ftN.

18T2
.Jan., 76

O

t.,

75

J.ft J.
F.'ft'A.

1841-63.
Water stock
1854-57.
do
Croton waterstock.. 1845-51.
.1852-60.
do
do
Croton Aqued'ct stock. 1865.
pipes and mains
do
reservoir bonds
do
Central Park bonds. .1853-57.
do
do
..1853-«.

1877

Q-F.

Nov., 75

J.&D
J.&

5

J.
J.ft J.

Jan ,76

M.ftN.
A.ftO.

Nov.. 75
18)3

do

do
do

May A November.
Feb., May Aug.* Nov.
do
do

1877
1876
1885
1888

F.ftA.

NOV..75
1890

Nov..
1R90

Jan. ,76

M.ftN.

Feb., May, Aug.* Nov.

... 1860.

May

Water loan
do
long
do

I852*87.

•

'889-71

—

dividend "r »i«ct«, alio date of a'»tnnty of MiuU.

.

Local Improvement—
Cltv bonds

do
..
Park bonds

Water loan bonds
Bridge bonds...
"vVater loan
City bonds
Kings Co. bonds

do
bonds

November,
dc

do
«o
do
do
do

1877-80
1K;7-79
1890
1883-90
18S4-1911
1884-1900
1907-11
1877-98
1877-95
1901
1905
1878
1894-97
1876
1889
1879-90
1901
1888
1879-82
1896

6

January

ft

Jnlv.

Y'

January
do

ft

Juiy.
ft

Nov.

January and July.
T.
7
7
7
7
1

*
t

1
«
flat.

do

Jan., May,.Ii)1y

.

BxsHB,

Jr.,

January
do
do

do
do
00
do

Mar *
40

Broker, la
ft

July,

do
'0

do
do
do
do
November.
do

Bid.

Ask.

98

100
103
97
105
105
115
105

101

96
1112H
102 >,
:(i9

108

fl7

100
r,4
10s H
101 >,

105
IIS
lOS
102
113

•io'i'

WJS "m'
in
105
113
106

116
105
108
114
lOJ

9«
101

•7
106

18-.6-91

100
100

IM

:90S

106

107

1891

Arool-Iyn-CQnoUtlons by N.

•All Brooklyn

ft

do
do
do
do
do
do

var.
var.

do
do
N.'W Consolidated
Westchester County
Jersey UUy:

do

ft

do
do
November.

1-75.

Floating debt stock.

7

Jan. ,'76

do
do
do
do

(•o

1865-68.
Market stock
Soldlers'ald fund
1863.
Improvementsiock.... ia<»
do
i.o
....!8«9.
Consolidated bonds
var.

.

Q.-F.

May Aag.&Nov.
do

Assessment bonds. 18;Tk-7i
Improvement bonds
1868-69.
Bergen bonds

J. ft J.

Feb.,

May

Street Intp. stock'
J. ft J.

Months Payable.

I'ork:

.

"

Jan.,

J.ft J.

P«IO«

INTBHKST.

J. ft J.

J.

800
70
90

Feb. .76.1(1

36,586
457,298

Kate.

J.&I).

ft

85

.133,062
214,011

25,865

1«,077

Jan.,

Jan.,
Jan.,

J.ft J.

J.ft J.

US
int
147
145

275,859
118,16^

,

•

w'
m" las
130
"0
w

Jan.,,76.. 5
Jan., 76..
Jan., '76.20
Jan.,,76.10
Jan., '76. .5
Jan., •76. 1(
Jan..,7«..5
Jan.,,'76.10
Jan., 76.1."
Jan., '76..

l8;,-276

20(1,000
1.50,000

250,000
3H1.000

21

[Quotations by

J.

J

.Ian.,.•;6..5

150.000
jno.ooo
200,000
300,000
200,000
200,000
200,000
210,000
200,000
200,000
500.000
550,000
200,000
200,000
150,000
150,000
1,000,000
iW.1 00
200,000
300,000
aoo.cpo
200,000
200,000
200,000
200,000
200,000
200,000
200.000

M

...

Ctlr Securltleit.

4

Q-F.

5,314

86,973
186,f7.'i

I21X
880

r20

,

Jan., 76..
.Ian., 76. ir
Jan., 76..
Jan., '76..
Jan., 76.10

117,.V »

•200,000

125

Mch. ,76..
Jan ,76.1('

71, il

25
50
50
50
fO
50
50

50
25
25

Jan.,,76. .5
Jan., 76...
Jan..,76. .6
Jan.,,'-.6. .5

40,992
137,049
213,7:2

Mech.ftTrad'rs'....

*

3X Jan.,

.M.ftN.
J.ft J.

.Jan., •76..

4«,S»0

Jan.

4

M.ftN.
M.ftN.

A.&O.

89.<.723

I0:!,2f3
155,1124

Niagara
North P.lver

BJ
86

Jar., 76. S
Jan., 71..

2S2,4','5

175

111

Ian., •7I>..10

2.'i0.(10(i

>no

in

Jan..,76..

500.00(1

m

Jan. ,'76. .5
J«n., '76.15
Jan. 76.5.60

l.6il

100
100

m

;i5
220

75

55.629
114,867
392,i59
9 ,453

I

12
•«
10

J.n.,'7«..5

Jan..76..l0
Jaa.,'76.10

Manufft Builders'.
Manhattan

National
""&
N. T. Equitable....
New York Fire ... 100
N. Y. ft \onker8.. 100

\r«
1(8

l.53,09<
3-25,;9l

11 'flit

150,000
280,000
150,000
200,000
150,000
200,000
900,000

N
•J6"

no

.Ian. ,71.. 10
Kcb., '76.10

21,326
509,705
616,lf0

33,563

102,'2(8

75
219

Jan., '76..
)an ,76.. 5
Jan., 76. .6
y b.,76..5
Jan., 76. .5
Jan., '76.1!'

lle,i'SIi

200,000
200,000
200,010

IM

I)ec.,7vi:.
Jan., 76. .8
Feb.,7«.l(
Jan..76.S(;

Oot., 7^.15
Jan.,'7« .7
lan.,7«..5
Jan., 76.10
Jjin.,76.7K

111 ,688

.50

H

Aikd

Jan.,7«.:0 IM

169,315

198,^71

70

7"

J.ft J.

M.ftN.

6.88(1

r.00,000

40
50
100
25
SO

Standard

Bid.

301,595
239,167

50

•20

I

Lenox
Long Island(Bkly.)

mjx
UMI

rafi-.i

500,000
200,000
200,000
4)0,000
200,000
150,000
500,000
«XI,000
3,100,000
150,000

30

Jan'M.lJH

13,248

1,000,00(1

ItIO

St.Nlcholaa

Oct.,

J. ftD.

llIX'

17
10
10
too
100

WHllamsbuvgClty.

350,000
200,000
150,000
617,100
750,000
415,000
2,000,000
2 000,000
600,000
250,000

100

so

Star
Sterling

2H Jan..

A.4

al-

Resolute
Rutgers'

Jan.,

5

J.
J.ft J.

100
40
100
100

^(eguard

7"..

Exchange Place.!

47

Continental
Kagle

Republic

3,76.. .5

l.laa.

8

50

Kldgewood

1

INov. 1.75..5

10

100

Fire....

Commercial

Park

Jan.S. '-,«...
Jan. 3,76. ..«
July), "i.^...

...

so

Pacific

Feb. 14 76. 4
July 1.75...

10
10
8

70
:oo

Nassau (B'klyn)..,

Jan. 3,76..

12
12
3
8

City
Clinton

Julyl,74.3><
J«n.3.7'i...e

3«

800,000
210,000
250,000
800,000
200,000
200,000
1,000,000
300,000
2OO.0OD
200,000
200,010
200,000
204,000
150,000
150,000
200,000

PtlO. Bid.

J«n.,7«.,7
Jan. ,'71. .5
Jan.,7«..4
Jan., 76..
Jan., 76. .5

BS,OU

200MI0

20

Ji»n. 3. 7(i3j,'

1,199,500

207,000

i

200,000
800,000

Citizens*.

Meclianlcs'(Bklyn)
Mercantile
Merchants'
Metropolitan
Montauk (B'klyn).

Feb. 1,76...;
Jan. 3,76.. .5

wi.noo
300,000

'«'

50
25
IQO

1.59,000

Lafayette (B'klyn)
120
100

I.<<,ie9

200,000

Knickerbocker

.4

30(1,000

17

Jefferson
Kings Co. (B'klyn)

..i

100

1000

,.,iii..ra

78

lOOII

10(1

i.ir^niy-tlitra Street—tiocK..
Ut ii;ort?.iFH

70.

I,

3,

Jan. 3,76...
Jab S.-it.SH
Jan. 3, 76. ..5
Oct. 1,75. .4

7»7,3,'0

10(10

Inird Avtnue—ttocli

112X

Nov. 1,75.. 5

10
9

100
1000

I0>0
lOPU
1000
Hie

^d mortgaee
>tr.l.'t

3, 76...
Jan. .S. 76.. .5
NOV. 1,75. ..3

20

Brooklyn

Home
50

S'.n.r.B

P«10».^

LHt

Jan.,-M..)

S8,M«
M,5ao

100
50
too
100

2S

Oebhard
German- American
Germania
Globe
Greenwich

Peb.l2.74?H

10

M'lst'rs

Kxcliange
Karragut
Firemen's
Firemen's Fund
Firemen's Trust...

"6.. .6

Jan. 10,75..!
Feb. 1IL76..5
Julyl,75..3H
Jan. 3, 76.. .5

10

SOOOvOOO

Williamsburg
do
scrip.

8.

ft

1872 1878 1871 1875

aoo.ooo
200,000
400.000
200,000
200,000

Broaiway

Eniporlurii

150
130

76.. .7
76.. .5

Jan. 3.76-.

\ ork

Bronilwai/

1,

3,

Brewers'

Empire City

8:j«

Jan. 3. 76.. 3
Mcl..l,75..4

J.&.l.

J.&

200

tlan.i, 76...

Jan.

Bowery

commerce

Ueo. 1,75..80

Jan

Arctic
Atlantic

Columbia

7SS

Nov. 10, ',5.. 4
Jan.274.2Mg

2,000,000
1.200,000
320.000
1,850,000

People's (Brooklyn)

i3«"

1,74...-.
May, i,75.. 8

J.ft J.

M.inliatlan

New

ii5J<

R.R. Stocks and Bondfi.

City

Metropolitan
do
ccrlldcates
do
b n s
M'ltual.K. Y
Hassan. Brooklyn

"

iss

May

Par Amount.

Brooklyn Oan Light Co
CUIzens'Gas Co iBklvn
do
C(!rtiOcatef)
Harlem
Jersey Cily ft IIooo'.£en

75..

9,

Feb. 1.71...

(Quotatlona by Charles Otis, Broker,

Gas Companih

75. ..3

Jan 3, 7».. 4
Nov. I,";5.,-S

.l.ft J.

:).(X)0.0(»)

""
""

.,

J.ft J.
J.ft J.

500,000
600.000

',

Hill*

Nassau'.

M.A8.

500,100
500,000
100,0(0
goo.ooo
500,(«0
ViO.OOO

2,00O,(KlO

Mercantile
Herchant3
MerchantB' Ex...!*"*'
Metropuils"

lODK

3, '7S...4

Jolyl,

.J.

'100,000

2 050,00(1
300,000
400,000
1,000,00c

Marine
Market
Mechanics
Mech. BkK Aaso'tionV.
Mechanics 4 Traders..

Metrj.iolltan

500.00(1

'000.000
'aiio,ooo

Harlem'

:s4

lOOX

JnlFl.74.as

<4-J-

5000,000
1

American
American Exch'e.
Amity

Feb. 1,'7»...5
Jan. 1(1. 76 8 ^
Jan. 5. 7J...3
Feb. l,-76...5
July 1, "74.. .4
Jan. 10,"7(i.2>,
Jan. 8, '7S...4
J»n.:l, IS ..3

.1.

Go.*niania»

Gallatin

Ian.

Adriatic

1,

H Wall street.)

l>lVlD>Kl}t.

rt,v».

Par Amount. Jaw.
Jilmt

.Jan. 2 7(1.. 25

Q-F

J.

114X

00

!«),(

German American*.
German KxcUanjjie*.,

Jan. 3,'7»...4
Jan. 3. ^(...J

J. ft. I.
.l.ft

1,75...
3. ^(i..^
3, ^t.. 15

Sept. 1. •75. .5
Jan. 8, 76...

.

M.ftN.
A.*().
F.ft A.
M.ftN.
M.ftN.
M.ftN.
M.ftN.

Murray

Jan.
Jan.

ft J
J. ft. I.
.l.ft J.
.1

500,0011

Fourth
Fulton

Bid. 'Aakd

S.OOO.IK'O

•I .

Butrs Head''
Batchers & Drovri'S
Central

Laat Paid.

1875

1S74

J.« J.
M.&N.
awuoo J. 4. 1.
l.Ws (JO
&J
'JOO.tXX)
M. «S.

Afnertca'
Ameticaii KxctaanKe.
flowery

Currency
Dry Goods'

Nbtbdi

Capital.

114

I02X
1C4H

98

1877

1895
1899-1902
1876-79

101

iwx

1876-1900
IV all St.]

1876-80
18SI-96
19l5-i4
I90S
1915
1902-1908
1881-95

M8(Mi
1980

101

101

I05K
lis

lis

Hi**
105

:

THE CmRONlOLR

'278

STATE, CITY AND CORPOEATION FINANCES.
The "

Investors'

Supplement"

is

of each month, and furnished to
Chronicle. No single copies of

:

published on the last Saturday
regular subHcribera of the

all

tlie

only a sufficient number

office, na

Supplement are sold

is

at the

printed to supply regular

_^^_____

Bubscrib'Ts.

ANNUAIi REPORTS.
Northern Central Bailway.
(Far the year ending December 31, 1875.)
The annual report for the year ending Dec. SI, 1875, has the
f ollowin(t

of

huh

OPIRATllfa EXrZNBES.
For coudacting transporta-

like ahd liabed

Ain> COSTBOLLEO ROADfl.
passeiigerB
$816,00

From
FromfrelgM
Prom express
Kr»m mails
From miscellanoaus sources.
Total

tion

'i

$1,070,244
888,727
1,07J.081
..
275,568
73,568

For motive power
For maintenance of way.
For maintenance of cars.
For general ezpeneea

8,631,762
85,726
47,480
280, J72

.

Total

$4,926,247

$3,362,123
$1,564,124

Leaving as net earnings

In comparison with the year 1874 there was an increase in
KrosB earnings of $249,747 27, equal to 5 34 100 per cent, nd a
decrease in the operating expenses of $21,430 27, equal to 63-100
The increase in the net earnings was $271,177 54,
of one per cent.
or 20 97-lUO per cent.
The operating expenses were 68 25 100 pur cent of the gross
earnings, which, in comparison with 1874, sliows a reduction of
.

4 16-100 per cent.
In addition to the not earnlnssas above stated of
There was received from dividends and interest
And contribution for operating Elmira. Cliemung & (Janandiigna
dlvlsionB (from Peunsjlvania Railroad Company)

$1,6^4,124 Oi
59,tj32 03

.

82,813 27
$1,706,6:19 81

Total

Which w»B applied

as follows:

Dividend Chemang Railroad
InteraBt on fuoded debt
Interest on Income bonds

$1,659 00
609,120 00
280,000 00
114,230 50
52,167 00

preminm and taxes
Rental Shamokin Valley A-Pottsvillo Railroad
165.000 00
Rental Elmira & Williamsport Railroad
& Canandaisna Railroad. ... 25,000 00—1,247,176 50
Rental iSlmira J ffers
Interest, discount, gold

m

$459,462 81

Balance net income for 1875

upon tbe

to 7 86-100 per cent

Equal

[Miitch 18^ 18:6.

encouraging statement when the continued depression of all
manufacturing interests throughout tbe year is considered.
Of the large improvement in terminal facilities at Baltimore the
report says of the expense " It is gratifying to be able to report
that although more real estate has been purchased than was at

3 UDCstmcntfi

mmniB

:

:

com-

capital stock of the

pany.

An additional expense of $173,950 was incurred in replacing
locomotiTes and cars worn out and destroyed id previous years.
The amount so expended is reported as an extraordinary expense.
In a separate item. It was used to pay for the following new

contemplated, the estimated expenditures given in the last
report, for this purpose, and for the work of construction required,
The entire amount of the
will be exceeded but little, if at all.
estimate was $190,000, the outlay to this time has been $374,complete
tbe improvements,
519 14, and tlie amount required to
first

btsing the revised estimates upon contracts actually made, is
placed at $312,071 45, making a total coat of $686,590 59."
Of the changes in bonded debt
" The question of suspending the payment of interest on the 7 per
cent income bonds of this company, as set forth in the treasurer's
report, until the company should be entirely free from all floating
debt, was considered but it was proposed by holders that the
conversion of these bonds into obligations secured by mortgage,
bearing a lower rate of interest, would benefit tbe company and
With a
also the holders, by giving them a marketable security.
view to thus reducing the annual interest account of the company,
negotiations were opened by your general counsel, under direction of the board, during the past summer, with holders of a
large majority of the $3,000,000 of 7 per cent income bonds
due Jan. 1, 1922, resulting in their agreeing to accept in exchange
for tbe income bonds at par, 5 per 3ent carrency bonds at par,
having fifty yt-ars to run, secured by mortgage. To provide for
this exchang.', and to redeem $1,000,000 other income convertible
bonds, and to provide for future use of the company an additional
million of bonds, if required for its other purposes, a mortgage
for $5,000,000 was executed to the Fidelity Insurance, Trust and
Safe Deposit Company, of Philadelphia, as trustees, covering the
entire property of the company, subject to all existing mortgages,
and it has been duly recorded. It was also agreed that, to give
additional security to tbe bonds, all the stock held by this company in the lines north of Elnjira should be transferred to the
truttees of the new mortgage— the voting power and operating
facilities to remain with this company.
" The board also ask authority from the stockholders to use one
million of these bonds in exchange for the present one million
ooiiveriible incomes due in 1880, at a rate of interest not exceeding 6 per cent currency. This exchange, if effected, will reduoe
the mortgage liability for interest ten thousand dollars more per
annum— the remaining $1,000,000 to be reserved, and not issued
until required by the wants of the company, and under the
approval and authority of its stockholders,
•'
Under the authority given at the general meeting of the stockhoWers, held Feb. 25, 1875, one million dollars of bonds, under
the consolidated mortgage created and executed May 26, 1874,
were sold through the house of Drexel & Co., realizing 87^ per
cent net. clear of commissions. The proceeds are being used in
expenditures for terminal facilities, real estate and construction
in Baltimore, and to reduce the bills payable of the company."
;

emnniAi, balahoi dso.

equipment:

31, 1875.

AmcU.

Five flritclaes freight locomotives of the consolidation

class, 20

by 24 Inch cylinders, at $11,000
106 eight-wheeled coal cars, 16 tons capacity, at $550
72 eight-wheeled box cars, at $600.
Feur flrBt-claas passenger cars, at $4,500

$56,000 00
57.750 CO
43,200 CO
18,000 00

$173,950 00
T»t»l
$459,462 81
The net income for the year 1376, as above stated, wai
From which deduct extraordinary expenses in replacing rolling
173,960 00
Itock

Total
Jldd balance to credit sf net income January

$285612 81

Railway and appnrtenances
Real estate

$11,761,267
1,043,461
3,940,676
$16,745,406

Equipment
^ ^
Stock of Chemung R. R. Co. and Blmlra Jefferson
C'unandaigna R. R. Oo
C&t-h on hand and in bank
Due from agents
Dne from connecting roads,

Bonds and stocks

^

&
8,048,680

•

Suspense accounts
Materials and supplies

$410,937
111,910
493,558
641,802
100,719
550,868

83,70180

2,309,792

$368,217 61
Balance to credit of net income December 31. 1875
Equal to 6 310 per cent for dividend purposes after payment

$22,103,879

1,

1875

of extraordinary renewals.
"Although the results of tbe operation of your lines during the
year 1875 were very favorable, yonr board considered it best
that no dividends should be declared until tbe financial condition
of the company should be strengthened by a reduction of tbe
billg payable, and until tbe means should be provided for the
construction of tlie nt-cessary facilities at Baltimore to accommoBoth these objects having
date the growing traffic of the road.
been accomplished, and there being, in the judgment of your
board, a reasonable certainty, under the proposed modification of
your bonded debt, and the reduction of interest liability conse^.^
quent thereupon, that the payment of regular semi-annual divf*
dends can now be commenced and continued, it has been
determined to pay in April next 3 per cent."
$639,821 47
The bills payable of the company Jannary 1, 1875, were
466,420 95
On January 1, 1876, the bills payable were

Showing a decrease of
$173,400 52
ABSeta on hand Jan. 1, 1876, in securities that may be sold
$641,802 82
Seal estate in the city ef Baltimore, off tbe line of road, and not
required for its purposes, which has been estimated, at cnrrent
market rates, to be worth
300,000 00

ToUl

$941,803 82

These two items,

at

The

total
;

Decrease

was

:

187S,

;

Pasflengers iB 1874
i:i

f»r the transportation of passeagers in 187S. .$816,003 21
864,618 64

1S75

$48,612 43

tons of freight moved one mile was: 1875,
358,540,557 1874, 216,980,582 increase, 41,560,026. Showing an
increase \a iho lonaage mileage of 19 154-1000 per cent a very

The number
;

$466,480

Proportion of Interest and rents chargeable against tke
revenues of the year 1875, bnt not yet dae
Pay-rolls and venihers
Other current liabilities

of

;

;

41 6,624

574,825
51,790
1,609,661

Profit

and

$21,735,661
368,217

Iobs account

$22,103,«79

Pittsburgh Titusville & Buffalo (formerly Oil Creek
Allegheny River).
(For the year ending December 31, 1875.)

A

The road was recently sold under foreclosure of the consolidated mortgage, and re-organized under the present name. The
capital account is now as follows
:

$5,000,000

Stock
$2,580,000
1,150,000
3^0,00«

First mortgage bonds, 7 per cent
8 econd mortgage bonds, 7 per cent
Income bonds, 6 per cent

4,070,000

Total bonded debt

$9,070,000

Total

number of passengers carried on* mile
1874, 29,868,571 decrease, 29,248.

The amount received

$5,842,000
10,884,000
4,000,000

very low valuations, being more than equal

to all bills payable.

29,829,323

UabiUtiet.

CapiUl stock, 116,840 shares
Mortgage debt
Incoine b- nds
BillspayaWe

The old first mortgage bonds were not affi cted by the foreThe new second mortgage bonds vvere issued for the
closure.
old consolidated bonds, the income bonds for accrued interest
and other claims, and the stock chiefly to the old stockholders.
The object of the foreclosure t^ns mainly to shut out some
large floating debt claims, i-uii'' nf which, it is charged, were
fraudulent and all doubtful. Tijo ; Mial interest charge is now
.

$281,500.

The earnings and expenses

for the y. ar

wcr

T.fol'ows

.

:

:

:

March' 18, 1^6.)

1874.

ja46.H»l
664,119

Grosf eamlngi
Working ezpentes. ...„..»...

880«,7«6
570.875

NctoarnlngB
Orosa earnings per mile

jasS.ftSO

$«81,781

$7,04«
i.078

$7,.1«4

Net

:;.'j..V.

:..

S,418
64.88

70.50

Per cent, of expenses

The earnings for several years past have shown a steady decline,
due mainly to the transfer o( tlie centre of oil production from
the territory served by the road to the new Butler oil fields, 'i'his
decline was sonaewhat checked last y'-ar, the decreaee in gross
earnings having been less than for several years previous. The
following table shows the gross and net earnings for five years
pasi
$1,675,00«

Net.
$651,504

1, .'86,554

46I,,531

1,067,731
848,85-2

3IS,7a8
284,734

809,798

S38,i)20

Qroas.
1871
1872
1878

,

1S74
1875

The year 1875, therefore, shows a decrease from 1871 of
par cent, in gross and of 63 3 per cent, in net earnings.

51.7

Lobigh Coal and Navigation Co.
(For the Tear ending December 81, 1875).
The Board of Managers report for the year 1875 the following,
viz.

Revenue from railroads
Rcvenne from Neequebonlng Tanael
Kevouue from canal
Kevenue from coal lands
Net proflt on real estate sold

—
tails

Miscellaneous receipts

..

fi

d«teONI0I.Ej

tttt5'
187S.

.

$1,069,548
18,702
200,000
500,000
9,899
60,936

To 64
To 21

on 828,862'1> tons of lump and prepared sizes
cents on 69,07401 tons ol pea and buckwheat
tbli

800,000 00

Must be added

the royalty paid In advaaco in 1874

167,106 65

Making a tetal of royalty paid In advance
$441,480 36
This overpayment, as was explained in our report of laatyear,
will be reserved hereafter by the lessees from any amount then
due us over and above the mintmnm rental.
In answer to the question, " How much property has the company not covered by its mortgages ?" which was asked at the last
annual meeting, we will state that the real estate unincumbered
is worth at east $700,000, and the personal property, bonds, &c.,
I

at least $350,000.

The company has no

floating debt whatever.

E.

W. Clabk,

Balance charged to dividend f«nd
Balance to credit of dividend fund, Dec.

value of coal on hand), were
$2,648,178 36
Total expenses of every kind (exclusive ef Interest and sinking
fund), but Including steel rails and other permanent Improvements
1,876,«B 07

Net earnings for year

1875, exclusive of Interest

aid slaking

fund

$771,7^6 29

ea the funded debt for the year was
Sinking fund (retiring (78,000 of mortgage bends)

$192,410 52
70,965 00

The

Interest

15,

1875

$283,395 61
$508,.380 77
266,250 00

:

Snrplus of year's earnings, after payment of all expenses,
$262,130 77
ruud and dividend
njNDKD DEBT.
The total mortgage debt of the company, was on the first day of
. $3,169,100
January, 1875
Reduced by sinkin*; fund in the year
$78,000
And still further reduced by taking up and cancelling the
remaining outstanding bonds of the Georges Creek Coal
96,600
and Iron Company
interest, sinking

1,914,276

$65,191
715,865

31, 1874...

Presideat.

Consolidation Coal Company.
(For the year ending December 31, 1875).
The annual report skows the following:
The gross receipts from-mlnes, railroads, rents, &c., (Inclndinf

Total interest and sinking fund for year 1875
for year 1375

RR

S4

|tt6,M) 21

t7r4,n4 71

Semi-annual dlvlaend, paid Sept.
$59,704
Rent and taxes Nesqnehoning Valley
143,247
Interest arconnt
784,626
Taxes chargeable to landed property
8,491
Taxes due Htate on dividends
..••• 74,989
Sinking fund of ten cents per ton on 397,426.13 tons coal... 39,742
Four dividends of $1 per share each
805,695—

U,IM

ameant

Net earnings
General expenses

fni,119 7S

3-10 cents

To the diirerenco between
And the rent paid

279

176,600

Balance to credit of dividend fund, Dec.

The

tonnage on the Lehigh
Lehigh Canal, compared with that
coal

31, 1875

$650,073

& Susquehanna

of 1S74, was as follows, viz.:
1874, 3,071,487 tons ; 1875, 3,735,819 tons.
The gross receipts of the company's railroad during 1875, as
compared with 1874, were as follows
:

Passengers
Freight
Coal
Totals
L. C. * N. Co's proportion

The

Decrease.

$163,078

1874.
$18:!,158

349,918
2,685,649

2,842,975

157,323

$3,.585,301
1,128,433

$206,655

1875.

$.3,n8,646
1,059,548

S.'i9,167

$20,080
29,219

68,885

revenue for the year was $83,335 78 less than that
for 1874, and the disbursements for interest, rent, expenses, &c.,
other than lor dividends and taxes thereon, were reduced, |70,total

We

paid, in 1874, three dividends of 8 per cent, each,
184 88.
and, in 1875, four dividends of 2 per cent. each. The surplus in
1874 was 1303,738 70, and the deficit in 1875, $65,1»1 17. The
result of the busine-ss of the last two years shows $137,537 53
surplus earnings after the payment of 14 per cent, in dividends to
the stockholders. <
We have credited to the lessees (Central BK. of N. J.) $871,787
for construction work since the lasi report.
Our lessees, with our approval, commenced in August last the
construction of a branch road from the mouth of Sandy Run, 4^
miles below White Haven, to Eckley and Drtfton, atotal distance
of 102-3 miles. This branch si expected to bring a large amount of
coal to the main line. As a part of the agreement with the Central Railroad Company, under which ihey commenced the work,
we contracted to pay them $150,000 on account of their advances
for construction work, and we made the payment during the fall.
The means for the payment referred to on construction account
were provided by the sale of 3,000 shares of stock obtained by
the conversion of part of the convertible loan of the company,
referred to in the last annual report as available for this and for
other purposes. The managers deemed it for the interest of the
company to issue slock rather than to increase our bonded debt.
They also sold 1,153 shares of stock to provide the means to make
payments on 175 acres of land in Panther Creek Valley, the purchase of which was reported at the last annual meeting. There
is still due on this purchase $63,528 12.
The capital stuck was increased daring the year by the con-

Tersion

„
By the company of 8150,000 convertible loan
By the company of 857,«50 ounvertible loan
By holders of convertible loan $!)1,UOO
Total present issue.

The company

still

Shares.
3,0C0
1,158
1,820

204,971

loan due in t883, which would yield, if converted, 19,739
shares of stock. It is not probable that the financial wants of the
c6mpany will require the issue of any large pan of this during

The

lessees of onr cial property paid
$41 ,666 67 promutly and regularly during
mined until about the Ist of July, and the
amounted to 397,426 13-100 tonft, of which

pei and l.uckwheat.

the monthly rent of
the year. No coal was
six months' production
69,074 1100 tons were
royalty of 21 per cent on the price

The
Mauch Ckunk amounted

$2,982,500

1876

1,

The sum of $98,600 paid to the Georges Creek Coal and Iron
Company was the last instalment due that company under the
agreement made in 1863 for the purchase of their railroad between
Frostburg and Piedmont, jiow constituting part of the Cumberlaud & Pennsylvania Railroad. This payment has been made out
of the surplus and working capital of the company.
To secure its liquidation at or before maturity, $100,000 in the
six per cent first mortgage bonds of the Cumberland & Pennsylvania Railroad were deposited with Messrs. Livermore" and Mott,
the trustees of said mortgage. These bonds have been delivered
to the Treasurer of this company, and may be either sold or temporarily hypothecated, should additional working eapital be
required.

MINING AND TRANSPORTATION.
Mined and delivered from the Consolidation Companies' mines:
Tons.
In the year 1874
In the year 1875

467,451
448,923

Decrease

18,528

The year 1875 has been one of almost unexampled depression
The Cumberland
in manufacturiiig and commercial interests.
coal-field has suffered under the general stagnation to the extent
of 56,000 tons reduction for the year, and the Consolidation Coal
Co. has borne its full proportion (19,000 tons) of this decrease
notwithstanding which, the net profits of this oompa,ny, as above
its debt has been reduced, and the scale
reported, have increased
These results, under the circumstances,
of dividends advanced.
furnish strong arguments First, as to the great and growing value
of the Cumberland coalfields; second, as to the wisdom of the
policy pursued by this company for the past few years.
A law in the Maryland Legislature, to reduce the rates charged
on the Cumberland & Pennsylvania Railroad, has been the cause
of the recent depression in this company's stock.
;

—
—

—

& Montgomery Railroad.
year ending November 30, 1875.)
The annual report has the following
The fiscal year closed the 30th day of November, 1873, but as
the property was passed by the trustees into the hands of the
officers on the 26th of November, 1874, together with the cash
balance, the earnings are incluied herein, and the balance of
those four days, November 36-30, 1874, Is brought forward.
Mobile

(F<yr the

:

Balance carried to New Year account
Receipts from Dec. 1, 1874, to Dec. 1,1878
Expenses for same period

Net earnings

has the right to issue $986,970 83 of conver-

tible

realieed nt

Total funded debt, Jan.

Railro&d and

far year ending

Total net earnings Nov.

Nov.

30,

26, 1874,

$11,061

$596,890
4^8,894
168,496

1875

$179,547

to Deo. 1, 1876.

Disbursed as follows
For
For
For
For

construction account
land for Central Depot

new depot at Montgomery
two new engines

...$135,882
I,**)

4..^
,...,.,..
:.'...

83,663
18, 240- $178,417

..;..'.

Leaving balance to credit of the company, Nov. 30, 1875
Amnnrt received frem' tmsteea first mortgage bonds, M.

&

M.R.R
For payments on acconat of this fund'
Leaving dne M.

&

M. Railway Co. en aocoost of

$1,070
$17,612
21,222

this fond.

$8,61

.

:

THE CHRONICLE.

280
The receipts from Nov. 26, 1874, to Dec.
Bs follows, viz:
Freight rt'ceipts from Sonth & North Rallrotd
Freight receipts from Western Railroad
TrelKhtreceipK from New Orleans Hatlroad
FrelBht recelpf. from line <.fM. AM. Railroad
PaaeeDKer receipts from South & North Railroad
Passenger receipts from Western Railroad
TasecBger receipts from New Orleans Railroad
yasceneer receipts from line of M. * M. Railroad
Mail recocts for the year
Express Kceipts for the year

1875, were divided

1,

67,002

108,499— $373,630
„'•'"?

?3'~
'34,(37

iK.rso

105,713

16,316
10,830

-31isc«(laneou8 receipts for the year

$614,416

ToUlreceipts

in the report of the 18th of Dec,
"1874, have been carried on economically and energetically, aud
are as far complete as the application of the net earniugs Vfould
permit. Tlie track, which was in a very bad condition, is vastly
improved, and by the 1st of April the Tensas extension will b«

The improvementg suggested

up to grade, when it is proposed to close the construction account,
80 far as the track is concerned,
The new Constitution of Alabama, which went into effect on
the Oih ultimo, in the opinion of counsel learned in the law,
releases our shareholders from all pergonal liability.
The Louisville & Nashville road (the oWmrs of the South &
North road) have not proved as strong an ally as was expected,
but our mutual business is increasing recently to an extent that
will probably induce more harmony and satisfaction in the business relations of the two companies in the future.
The position of the Mobile & Montgomery road in the system
•of Southern roads is a peculiarly important one; and when the
business of the Southern country increases to such an extent that
«acli road will content itself with its legitimate business, and not
try to rob its neighbor by "cutting rates," your road will then
control the business tbat belongs to it as a trunk line.
OXNEBAL BALAHCE 3UEIT, KOT. 30, 1875.
LiabUlUes.
Capital stock

$3,032,517

Bonds M. & M. RR.,
$3'J0,000
due
Hortgag* notes for
real estate and depot at Mobile..

.

.

mortgage bonds
otM. &M. RR...
Old 1st mort. bonds

&

F.

RR

.

—

tion houses,

&c

301,803

—

41,000

value cars of
8,000- 355,750

For net income for
year, Nov. M, 187B. 179,547—
.

$S,899,S91

Motive power account— for
value 3i locomotives and
materials and supplies
Rolling stock account— for

93,760

Oavariona accounts..

...

for
Real estate account
value depot buildings, sta-

1st

of A.

Roadway account

179,647

$3,.M7,815
106,366

materials,

&c

.

816,579

kinds,
138,670

.

For roadway and equipment,
Nov. 30, 1875
$3,566,744

Due

the

company No

.

30,

77,784

1875

Amount mat
$3,6(4,181

all

plies
1875,

on

rials

hand

and supNov. 30,

over 1874

89,652
$.3,664,181

QENERAI. INVESTMENT NEWS.

18,

i«76.

1

that the committee declared the propoCentral Pacific Company in the summer of
1874, immediately after the default on interest, unacceptable, and
The difficulties of the
decided to commence proceedings at law.
latter were considerably increased by a decision, given in October
of the same year, allowing the claim of a certain Haggin
(formerly construction contractor of the California Pacific) for
$1,300,000. The committee now, not only directed its effort toward
having the California Pacific declared bankrupt, but sought also
On the 20th December,
to have the claim of Haggin annulled.
1874, a decision favorable to the bondholders on both points was
Haggin appealed from this decision, and the proceedings
given.
were carried through another half year. In July, of last year, as
the second suit approached its close, and a decision was daily
expected, the Central Pacific which had until then remained
passive contrary to expectation, offered the present proposition.
The Central Pacific offers two million 6 per cent, thirty year bonds
secured by a mortgage on the lines of the California Pacific, and
guaranteed by llie Central Pacific, for the three and a half
million of 7 per cent, extension bonds. Principal and interest of
the new bonds are payable in gold in New York, interest to begin
The claim of Haggin is to be withdrawn in faVor
July 1, 1875.
A further million of three per cent, bonds
ol the bondholders.
The
is to be issued to cover the one million income bonds.
Central Pacific attaches to this proposition the condition that,
from the date of the proposition,
within twelve months
but seventy— $3,430,000— of the bonds
the owners of all
give their assent. Until then, the bonds are ti be deposited in
the Nevada Bank, and if, at the end of that time, the required
number does not give its assent, the bonds are to be returned to
The committee has frora the beginning doiibted
their owners.
its ability to accept the proposition, owing to the improbability of
getting the required number to assent, but has thought it advisable to get the opinion of the bondholders.
The chairman of the meeting, Mr. Sonnemann, stated that the
committee represented in round numbers $3,800,000 of the bonds.
There is a likelihood, he said, that this sum may be considerably
increased, though it was certainly doubtful whether the required amount could be obtained. As to the method of dividing
the $3,000,000 of 6 per cent, bonds, Mr. S. said that if the bondholders accepted the agreement, every $1,000 of bonds will
receive $500 in new bonds. The rest of the new bonds will be
sold by the committee, and the proceeds, after payment of the
expenses, which are quite large, will be divided among the
bondtiolders. The proposition was not, therefore, to be regarded
as giving four new bonds for every seven old bonds, hut that
more than $250,000 were to cover the expenses of the committee
In response to a question ss to the
and the loss of three coupons
guarantee of the Central Pacific Company, Dr. LeVy, who read
the report of the com'nittee, declared it merely a personal guarantee, not possessing the value ol a real guarantee, but nevertheless nothing better could be obtained from the Central Pacific

Company.

It is

well

known

made by the

sition
$57,T?»
55,349

[March

—

—

Company,

The meeting adopted, without a formal vote, the following
The meeting approves all the past steps of the comAtlantic Mississippi & Ohio.— A bill filed at Richmond, Va., resolution:
iti hand-*."
iu the United Stales Circuit Court by Francis Skiddy, William mittee and places all further action in
Butler Duncan and 8. L. M. Barlow, of New York, against the
Chesapeake & Ohio Railroad.— Holders of a majority of both
Atlantic Mississippi & Ohio liailroad, to foreclose the fifteen the 6 and 7 per cent mortgage bonds of the llhesapeake & Ohio
imillion dollar mortgage, of wliich they are the trustees, and for Railroad having assented to the proposed plan of re-organif-.ttion,
the appointment of a receiver, is accompanied by a circular letter an election for a " Committee of Purchase and Reorganization"
Issued by Genaral William Mahone, dated London, December 1.5, will be held. Votes can be received by mail the polls to close
1875, and addressed " To the Consolidated Bondholders of the April 10, The ticket presented consists of Messrs. A. A. Low,
Atlantic Mississippi & Ohio Railroad Company," embracing the John Castree, C. P. Huntington and A. S. Hatch, of New York
The tellers
following statement of the company's liabilities and assets
Citv, and Mr. Isaac Davenport, Jr., of Richmond, Va.
LTAS1LTTIRS
of election are Messrs. Francis A. Fogg, Wm. G. Low and James
To capital stock
$6,981,900 J. Tracy.
Address, Box 335, Post-Ofiice, New York City.
Funded debt of divisions, including January, 1874, coupon l$130,000)
funded into certificates
5,1-23,D41
Chicago Milwaukee & St. Panl.— A meeting of the Board o'
Consolidated loan. Including unpaid and unfunded Interest to Oct.
Directors was held on Thursday, and the Board declared a divi1.1875
5,906,415
dend of 14 per cent on the preferred stock of the company, 7 per
Obligation to the State of Virginia for stocks and aecaritiea in the
cent on the net earnings of 1874, and 7 per cent on the net earndivisional bondc handed over to the company
4,(00,000
Floating debt September 30, 1675
1,056,341
ings of the road in 1875. This dividend is payable on April 10,
Balance
3,570,165
The
in the consolidated sinking-fund bonds of the company.
following was submitted
Tgtal
$86,578,863
'

;

:

"

•.

PROPS RTT.
By cash expended on construction to September 30, 1 875
$19,378,404
Stocks and secnritics on Norfolk & Petersburg, Southside, Virginia
& Tennessee, and Virpinia & Kentucky roads, handed o\er by
theState of Virginia...
((,871,130
Doubtful assets
884,328
.

!

Total

Excess

$26,578,862

of

property over

Boston & Maine.

ACCOtraT.

.

.

liabilities, $3,571,165.

—The Massachusetts Supreme Court has just

rendered a decision lor the Boston & Maine Railroad against the
Portland Saco & Portsmouth Railroad Company, in an action on
contract brought to recover the sum of $566,194 84, alleged to be
due from the defendant to the plaiotifi. At a hearing before
Judge Deveneg it was agreed that the case should be sent to the
full bencli on the question whether the plaintiff could alone
maintain an action for its share of any sum found lobe due under
the contract; and with an understanding that if the action could be
maintained then it should stand for trial, after having been sent
to an auditor.
The rescript of the full Court has been sent down
and is as follows: " Case referred to an auditor. The defendant
having settled with the Eastern Railroad Company, this action
may be maintained by the plaintiff alone."

California Pacific Extension Bonds.—The following is translated in substance from the Oerman-Am. Economist of Frankfort
On the 24th of February, a meeting, called by the Extension
Committee, was held in Frankfortonthe-Main, to consider the
proposition made by the Central Pacific Company. Dr. Levy gave
a brief resume" of th^ pioceedicgs against the California Pacific
:

STATEMENT OF INCOME

Balance to credit of income nccoant, after the payment of dividend
OB preferred stock in March, 1874, out of the net earnings of 1873. $787,032
$.3,081,900
Net earnings for the year 1874
$1,966,085
Less interest on bonds for 1874
146,807—2,102,892—
979,008
account..
against
income
Other items cliiirged
$3,086,389
Net earnings for the year 1875
$1,980,227
on
bonds
1875
for
Less interest
„„ „.„
6.'i,519— 2,043,746— 1,041,643
Other items charged against income account.
.

$2,747,683

A

dividend of 7 per cent out ol the net earnings of 1874
$12,274,18') preferred stock
A dividei d of 7 per cent out of the net earnings of 1875
on $12,274,483 preferred slock

on

$859,213
859,21.3—1,716,427

Balance to credit of income account, applicable to fuiur*

dtvl-

dendson common stock

$1,"89,S55

Cincinnati Hamilton & Dayton.— Messrs. Winslow, Lanier
& Co give notice that they are prepared to pay off the issue of
$500,000 8 per cent, bonds due June 1, 1876, at par "id accrued
interest, or to exchange them for new 7 per cent, bonds at 101 and
,

accrued interest.

The same

firm

is

offering for sale first consolidated

mortgage

run and bearing 7
per cent, interest. The total amount secured by the consolidated
mortgage is $3,000,000; the United States Trust Company is

bonds of the company having thirty years

to

trustee.

By the last annual report the bonded debt of the company was
$3,250,000 deducting the $500,000 due in June, $1,750,000. The
company's road is 60 miles long, and it works 385 more under
lease, being almost sole owner of 98 miles ol the leased roads.
;

r

.

THE CHRONJri^

Miirch 18, 1876.]
Davenport

A

St.

Paul.— The

pace

foreclosure sale of this road,

& Milwaukee

eral successive coDaoIldatlons.
Theauth rized capital stock Is

.

Series B, 5,000 bonds of $1,000 each,

"

E, 5,000
P, 6.0.10

1,000

31,1101

'

•'

«0M

1

46,000,030
13,aOi),000;
1,0011,000'

.

b.000,0»

.

6,000,d(»
5,000,00«
5,000,080

to 42.000
43,001 to 48,000

l.liUO

Si5.roa,a(w
S5,(XM,00«

tt.UOO.OIIO

$46,0(0,000

A bear date April lit, 1875, principal payabl* April lit, 1905, In gold
coin. Interest six per cent, paviole April lat, and October lat, iii^old coin,
in the City of
Vorlc. (Until further notice to the
York Stock
Exchange, only series ".\" will be issued). Amount
$15,000,000
Outstanding bonds of this aeries
11,316.000
The several succeeding series are to bear date as the Board of Directors may
direct, and be payable thirty years from their respeciive.diJ.tes.
The payment of th<? bonds is secured by a raorlga{re of the Company to D.

Series

New

Kew

1st, 1815. upon the foUowiOi; portions of
Its main line and bratMthes, viz.; Prom San Francisco, by way of Carnadero
Junction, Salinas Va.tey and Polonio Pass, to the Colorado Rirer. at or near
the Needles; froiii Los Gates to Poso Junction from Carnadero Junction to
San Benito ; from Tehacbapi Junction to Port Yuma and from Los Angelea to
Wihuiugton, to the extent of 1,150 miles, of which itpwarda of 39S miles are
completed and aI?o upon the lands granted t» the Company by Congress.
The floating debt of the Company is M14,t)4'2 07.
Subsidies. — By certain acts of the Congrass of the United States approved
July dith, 1856, and March 3d, 1871, there were granted to the Com;;any a right
of way two hundred feet In width orer the public domain, and also 13,80()
acres of public 'and a mile for 932 miles of the road.
The Sute of California granted to the Company thirty acres of land at
Mission Bay in the City of San Francisco, for a termluua. These grants are
very valuable.
The Counties of San Francisco, Santa Clara, and San Mateo, and the City
and Coanty of Los Augelea contributed to the building of the road an aggregite of tl.OOi.OOO.

O. Mills and Lloyd Tevi^, dated April

:

;

—

mortgage, in exchange lor its own bonds, upon which the money
for the completion of the Cairo Extension was raised.
Tne Court
denied a motion to put the trustees under the Illinois Central
mortgage in possession, and then proceeded to grant the application lor a receiver. With the consent of all parlies, Mr. Junius B.
Alexander, of New York, was appointed. The Court authorized
him to settle all bills for wages and supplies Incurred within

1,0

100
"
"

numbers

17,001 to 2J.000..
9-J,0rtl to 47,000.
to 3-2,000
3-2.001 to .S7,0t

1,000

$3,170,800
3S,4i!i.:iao.

.

48,000

;

—

"

G, 6,000

the reorganization
of railroads sold under mortgage came up in the Senate this
morning on a third reading. Mr. R igers, who has charge of the
bill, said that it was simply an amendment to the general law of
1874, making it applicable to the present state of the railroad.
Thire was nothing in the bill which contravenes public policy it
had been advocated before the committee by Dnrman B. Eaton on
behalf of the Erie Railroad. The bill passed the Senate with nine
votes against it.

New Orleans St. Louis & Cliicago. In the United States
Circuit Court at New Orleans, March 10, application was made
for the appointment of a receiver (or this company by counsel for
the income bondholders and by counsel for the illlinois Central,
which holds nearly $5,000,000 of bonds issued under a special

0.5.009
D, 5.000

bill facilitating

Indianapolia Bloomington & Western. Another plan of
reorganization has been presented by a committee, of which Mr.
Sumner R Stone is chairman, which is not widely different from
that previously pending, except that it is more favorable to the
Westera-exlension bondholders.

and

$90,000 000-

Capital stock subscribed la
Capital stock paid In.
The bonded debt of the company will be wiien all are laaued.
(To be Issued In dlffert^nt aeries.)
SerioaA, 13,1100 bonds of 81,000 each, numbers t lo 18,005
"
" 4,000
••
600 ••
18,00. to 17.000.

—

— The

;

proceed

Sontliorn Pacific Railroad (of California^.— The Committee
of the Stock Exchange has placed on the " Free List" the bonds
of this company. The official statement contained the following:
The Company was originally ort;anIz.!d December 9d, 18«5, under the general
railruad law of Callfurnia. pasaed .May 2U. 1861, and ita ameudmenta.
Its
preaunt or iranization was clt'ectud December t", 1814, aud la the reault of sev-

—

10.

deemed due

;

Erie Railway. Messrs. Miller and Fleming, the Erie Bondholders' Committee, had expected to finish their negotiations
with the stockholders and directors and leave this city on March
The negotiations have been delayed by the pending arrange21.
ments for the laying of the third rail, and thus narrowing the
gauge to the standard. The Lackawanna Iron and Coal Company
and the Cambria Iron Company have consented to fureish a third
steel rail for the Erie Railway from Waverly east to Jersey City.
This will complete the narrowing of the gauge over the entire
road from Buffalo and Suspension Bridge to Jersey City, the
Lehigh Valley Railroad Company having already agreed to furnish the third steel rsil from Waverly west to Buffalo. The
Delaware & Hudson Canal and the Delaware Laf'kawanna &
Western Railroad companies are to appropriate, by agreement
with the Erie, one twenty-fourth part of their transportation
earnings eaoh month for two years, to pay for the cost of the third
rail from Waverly east to Jersey City.
An inventory of the real and personal property of the Erie
Railway Company, as it stood on May 36, 1875, is nearly com
pleted. The entire value of the property, which will be included
in this document, in round numbars, is $100,000,000.

— Albany, March

of ninety days, the wiiole debt shall be

St. Paul & Pacific- First Division.— Notice ia f^iven bj
the trustees in New York in reference to the agreement of Aogiut,
1875, with bondholders, that " the aggregate amoant of the oatstanding bonds of the various issues named is about $11,500,000,
of which more than $9,000,000 have already been deposited in
parsuance of said agreement and all holders of anr of aald
bonds who desire to participate in the advantages of said agreement are required to deposit their bonds, and the pnst due
coupons thereon, as above provided, within thirtv days from
March 9, 1870."

& Milwaukee.— A

meeting of parties interested in the
road wag held at Detroit on the
8th inst. The Detroit parties present were C. H. Buhl, James
F. Joy, George H. Jerome, (Attorney of the road), Hon. H. N.
Walker, Allen Sheldon, who represented Zach Chandler; Mr.
Trowbridge, Receivsr of the road, and engineers of the corporaThe Great Western road, which is a heavy creditor, wan
tion.
represented by Hon. Hugh Oliilders, of liondon, and other officers
iSonie discussion was had as to the
from London and Canada.
proposed plana.
Mr. Trowbricige, Receiver, announced that he
had paid the running expenses of thw road for the past year, paid
interest on a debt of $1,000,000, which takes precedence of any
He was also in debt about $300,000
bonds, aind had $8.'5,000 left.
for steel rails laid last year, for which be was pressed, and would
require more rai's this year it the road is to run, which would
No
cost f350,000. if they were of steel, and $350,000 if of iron.
proposal being made, the meeting adjourned.
Detroit

281

tlien it becomes the duty of the trustees to immediately
to sell the property tor the beneSt of the b>adholder8."

which was to have taken place March 3d, haa been postponed to
March 37th.
fate of the Detroit

1

,

—

j

\

Texas State Finances. Hon. Stephen H. Darden, State
Comptroller, has rendered a supplemental report covering the
g^^ ,„onths from Aug. 31, 1875. to Feb. 1, 1876. He says thit the
assessed valuations, being $350 853,759, fall short of his estimate,
of $275,000,000, owing to the large amount of land not assessed.
aUKKART or TALCATIONB.
59,.30«,618 acrea of land,
lots, valued at

valued at

Town

$107,641,691
44,666,93*
»,79J,2-20
14,154,045
3,342,46^
9,2*7,485

,

838,882 horses
3,184,904 cattle
2,^01,011 shC'P, jacks, jenuies, hogs
Money on hand, or at Interest

and goats, valued at

Merchandise

n,942,66»

Miscellaneous property
1,481,041 miles railroads and appurtenances, valued at
7,3,jl,:W2 acres of land and town lots rendered by R. R. C».'»
Amount of property rendered by telegraph companies

90,213,350
16,ti0t,123

1,443,547

134,233

Total value of property in the State
Acres of land aud land certificates taxable
Total acres of land rendered.

8«60.SS3,7S9
$105,441,631
66,637,920

three months past.

Concurrent suits have also been brought in the United States
Circuit Court for Mississppi and in that for West Tennessee, for
foreclosure of the mortgage of May 1, 1873, under which the
$5,419,000 bonds issued to the Illinois Clentral were secured. The
plaintiffs in all these suits are the Illinois Central Co., and John
Newell and J. B. Alexander, surviving trustees under the
mortgage.

Mail.

;

—

13th of March each year, $300,000 in cash, which the trustees are
by buying iu the open market the bonds of the company,
than par, or if not to draw 200 ($300,000) bonds oy lot.
It also provides that the cooipany shall keep the steamers in
perfect order at all times, and in default of which, or of the payment of interest or the providing for the sinking fund for the

to invest
if at less

$38.803,71
$1,254,354 08

County

198,.322

Ui

00

1,9SU,184 14

Total tax

$1,411,860

»

debt he observes that there is now outstanding
$1,573,757 ten per cent bonds, which are redeemable at the
pleasure of the State^ a part after 1877 and the remainder after
It would be well for the State as these bonds are redeema1880.
ble, to authorize the sale of six per cent gold bonds, at not less
than par, and retire the ten per cent bonds, thus saving four per
cent interest. Warrants drawn against the school fund for pay
ol teachers prior to July, 1873, amount to $331,493 38, which are
drawing eight per cent interest. The Constitution provides that
the Legislature, at its first session, shall either pay or fund them,
as they desm best. I suggest that they be funded in long date
six per cent gold bonds of the denomination of $500 and $1,000.
Having a large interest to pay on the bonded debt, in addition to
the current expenses of the Oovernment, and tlie protection of the
frontier, the present low rate of taxation may not be sufficient to
meet all demands promptly, and some deficiency may occur. To
guard against this, and to prevent the consequent depreciation of
i'reasury Warrants, I recommend that C per cent gold bonds of
the denomination of $500 and $1,000 be authorized not to exceed
$200,000— which may bo sold at not less than par, or exchanged
for Treasury Warrants, to meet such deficiency should it occur.
Messrs Foster, Ludlow & Co., Bankers and dealers in Texas
securities, at 7 Wall street, furnish a complete exhibit of the
State bonds and floating debt outstanding, from which our tables
of Texas State bonds in the " Investors' Supplement" will be
revised next week.

As

to the

—

— The

Tribune money article, under date of
March loth, gives the following as facts in regard to the issue of
bonds: "What the company really has done, as we learn from
good authority, is that to-day it executed to Messrs. S. V. White
and B. F. Ham, trustees, a bill of sale (that was duly recorded today at the Custom House in this city) of the following ten
steamers, to wit City ol Peking, City of Tokio, City of San
Francisco, City of Sydney, City of New York, City of Panama,
Colon, Acapulco, Grenada and Colima, to secure the company's
bond given to said trustees for $4,009,000. The indenture provides that the bond shall be surrendered when the company shall
have duly signed, executed and delivered ten thousand registered
or coupon bonds for $1,000 each, or two millions of dollars such
bonds having ten years to run, with interest at 7 per cent per
annum, payable on ih« 18th of March and 13th of September in
each year. It further provides for the application of a sinking
fund, by requiring the company to pay to the trustees, on the
Pacific

Acres of land net assessed
valorem Ui at 50c
Pollt4ixat#l

Ad

—

—

: .

IPE

282
<E

€ mm

c

I)

c

t c

i

a

I

[March

je^HRONIGUS.

18, 1876.

COTTON.

^|jji£5^

Friday, P. M.. March

Pkiday Night, March

17, 1876.

circles received sometbiog of a shock on Tuesday, from
York. It was
the failure of the Bank of the State of
reported, and widely credited, that the institution was largely
involved in speculations in leading staples, and that some forced
sales would probably become necessary. But sucli did not prove

Trade

New

.

to be the fact, and tlie speculat'vo markets quickly recovered.
Regular trade has, however, continued dull, and it now seems to
be conceded on all pidea that the spring business will not prove
The proper committee
satisfactory but a great disappointment.
has agreed to urge the new tariff upon Congress, but its passage

now

hardly looked lor.
The speculation in pork has been more active the past few days,
and prices are higher; mess sold on the spot to day at $23, and
the closing bids for future delivery were at $82 85 for April,
123 15 for May, $33 20 for June and $23 25 for July. Lard has
also been excited and buoyant. Very larj^e sales were made on
Wednesday at $13 60 per 100 lbs. for prime Western steam, spot
and March delivery, and there was an advance to day to $13 75,
spot and April, $13 90 for May, $14 03i for June, and $14 13i for
July. Bacon and cut meats have been fairly active at very full
prices. Beef and beef hams are without essential change. Butter
has been rather improving for the better grades, and cheese has
Tallow has
ruled quiet at 12@14c. for good to choice factories.
been moderately salable at about 9c. tor prime. Stearine is
firmer at 14|@14Jc. for prime Western. The Cincinnati Price
Current reports that, from incomplete returns, the number of
hogs packed from November 1, 1875, to March 1, 1876, in the
Western SUtes is 4,865,000 net weight per hog, 217 97-100 lbs.,
against 209 77 100 lbs. in 1874-75; increase, 8 1-5 lbs.; vield of
lard per hog, 35 53 100 lbs., against 34 20-100 lbs., in 1874-75; increase, 1 1-3 lbs. Assuming that the returns as above are approximately complete, the result as compared with 1874-75 will be
about as follows
Yield of lard,
Net weight,
Hogs packed.
lbs.
lbs.
number.
Season—
is

not

;

i8t4-n

190,380,607
172,853,450

1,167,639,457
1,060,421,005

5,566.226
4,865,000

1875-76

The Movembnt op the Crop,

17, 1876.

as indicated by our telegrams

from the South to-night, is given below. For tlie week ending
evening (March 17) the total receipts have reached 65,441
bales, against 78,380 bales last week, 86,315 bales the previous
week, and 109,676 bales three weeks since, making the total
receipts since tlio 1st ot September, 1875^ 3,634,831 bales, against.,
3,107,014 bales for the same period of 1874-5, showing an increas*
this

since Sept.
for this

week

The

1875, of 537,817 bales.

1,

'

details of the receipts

and for the corresponding weeks

(as per telegraph)

of five previous years are as follows:
Receipts this

week at—

1876.

22,537

35.249

20,723

4,239

6,169

8,367

b,94S

3,263

4,930

5,896

5,251

3.097

6,07d

7,917

6,316

10.1W

6,3.'ir

4,189

10,13%
19 238'

[

46,600

.300

2,549

4.358

8,521

6,116

5,368

6,533
[•

201

237

887

9,072

9,978

8,724

4,593

6.464

101

47

244

96

428

3S7

1,215

2,092

893

797

707

1,007

5,750

5,414

9,575

8,445

4,453

306

221

306

321

65,441

51,303

67,905

74,195

&c
week

1.... 3,634,8:31

208 ^

8,986

102,484

49,972

3,107,014 3,296,480 2.954,873 a.342,613 3.163,517

week ending

for the

1

3,089

Norfolk

The exports

1871.

15,569

Florida..

Total since Sept.

1872.

5,723

Savannah

Total this

1873.

30,815

Port Royal, &c., esHm'd.

City Point,

1814

1875.

evening reach a

this

total of

81,159 bales, of which 43,770 were to Great Britain, 10,487 to
France, and 36,903 to rest of the Continent, while the stocks as

made up

this evening- are

now

Below are the

694,795 bales.

stocks and exports for the week, and also for the corresponding
Decrease

The

lbs.

17,464,157

107,215,452

701,226

foreign export from

was 33,087;454

November

1, 1875, to

more meats and 19,666,600

March

11, 1876,

less lard

Ib.s.

week

of last season:

than

for the corresponding period in 1874-75.
Kio coffee has been more active, but closes quiet fair 'o prime
cargoes at 16ic.@18c., gold. Stocks at this point are reduced to
180,000 bags, and the visible supply for the United States is
281,000 bags. Mild grades have been slow ; Java quoted at 23c.
@25c., and Maracaibo, 16c.@18ic., gold, with stocks 150,000 mats
Java, and 38,000 bags and mats of other growths. Rice has been
quiet.
Teas have been dull, and the auction sales have revealed
slightly lower prices. Foreign dried fruits quiet, except prunes,
Turkish, J5fc.@5fc.
which have sold freely at higher prices.
Molasses is in eicessive stock and dull, with lower prices necessary to effect sales. Sugars have been more freely offered and
are lower at 7fc.@7f c. for fair to prime refining, and lOfc. for
standard crush ed
Melado.
Hhds.
Boxes.
Ba^.
Receipts past week
5.495
6(l,0»8
1,382
6,141

Bxported to

Week

Sales past

week

Stock March
Stock March

16,
18.

9,186

1876
1875

The market

for hides

2.3,207

4,210
12,480

46.749

.36,159

160

6,737
159,412
145,486

2,069
2,741

has continued dull and, with increased

have ruled lower; dry Montevideo sold atSOc. gold,
four months, dry Matamoras at 18c. gold, sixty days, Rio Grande
kips at 15ic. cash, less 4 per cent, and city slaughter ox 8ic. currency. Linseed oil in fair jobbing demand and steady at 59@60c.
Crude sperm has been in good demand, with sales at New Bed
ford of 1,000 bbls. for export, on private terms; quoted here at
$1 65. Whiskey closed dull and unsettled at $1 093$1 10, tax
paid. Clover seed has been excited, and advanced to 16@17c. per lb.
There has been a fair demand for Kentucky tobacco, and quota
tions are steady at 5i@6c. for lugs and 8@14c. for leaf the sales
for week embraced 500 hhds., of which 400 were for export and
100 were for consumption. Seed leaf has been in moderate
request and unchanged the sales embrace Crop of 1873, 150
cases Ohio, at Sic, 15 cases Wisconsin on private terms crop ot
1874, 232 cases New England, at 5|@8c., 50 cases Pennsylvania,
on private terms and crop of 1873 and 1875, 43 cases Ohio, on
private terms also 200 cases sundry kinds, at 7@30c. Spanish
toba.jco lias remained steady, with sales 400 bales Havana, at
88c.@$l 15 25 bales Yara at 80c.@$l 121 lor I. and 11. cut.
There has been a pretty fair business in ocean freights, principally in berth room, though vessels adapted to the grain and
petroleum interests have latterly met with more attention all
rates can be considered firm.
Late engagements and charters
Grain to Liverpool, by steam, 7id. per 60 lbs.; proincluded
stocks, prices

;

;

:

March

this

Same
week

week.

1875.

Total

ending

;

Great

ContiFrance
Britain.
nent.

17.

New

Orleans'
Mobile

29,527

9,148

17,560

66,235

l.Sii9

6,3S6

6,675

6,50J

Galvestont

1,078

New York

3,21

Norfolk
Other portst

3,448

Total this week..

2,020

>

43,770

1,98«

10,437

26,902

1876.

31,236 299,448

1875.

2.30,2!)6

5,010

49,260

45,.340

4,423

28,065

29,864

8,522

16,866

33,031

59.713

1,078

6,165

48,576

61,978

5,201

9,584 177,196 191.S71

730

15.169

8,647

3,448

4,698

44,000

69,353

Charleston

Savannah

Stock.

78,412 694,793 689.002

81,159

Total since Sept.l 1,522,807 3il,24:i 589.454 2.43:J,504 1,98-J.099
• New Orleans.— Oar telegram to-night
from New Orleans eho*a that (besides
above exporisj the amount of couoa on shipboard and engaged for shipment at
UiHt port is as follows: For Liverpool, 78.000 hales; for Havre, 26.000 bales; for
Contiueiit,a4,000 bales: for coastwise pons, 2,000 bains; which. If deducted from
the stock, would leave 16a,5U0 bales reprcsentlag the quantity at the landing and in

presses unsold or aw;tiliug orders.
t Galventon.— Oar Galveston telegram shows (besides above exports) on shipboard a! th t port, not cleared: For Liverpool, 6,3)1 bales; for other foreign,
6,945 hales; for coastwise p ,rts, 1,267 bales; which. If deducted fro
the stock,
would leave remaining 33.533 bales
J The exports this week under the head of "other ports" include from BalUmo: e (33 bales and 195 bags Sea Island to Liverpool from Boston 1,655 bales l» LIT
;

eipool

;

from Philadelphia

880 bales to Liverpool.

From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increase
in the exports this week of 3,747 bales, while the stocks to-night
are 5,793 bales more than tbey were at this time a year ago.
The following is our usual table showing the movement of cotton
at all the ports

from Sept.

1 to

March

10, the latest

mail dates

:

;

;

BECKIPTS

BXPORTKD SINCE SEPT.

PORTS.

Great

;

1875.

1874.

Britain

France

Other
forel'n

1

TO—

Coast-

wise
Total.

Stock.

Ports.

;

;

:

visions, 80@35s. per ton ; sugar, 30s.; flour, 3s.; cotton, Jd.; grain
to London, by sail, 8d.; flour, 2s. 6d.; hops, by steam, |d.; provisions, 40s. per ton ; grain to Hull, by steam, SJ^d.; sugar, 30s.;
grain to
f^rain to Bremen, by steam, 8id.; lard, 37s. 6d. per ton
Cork for orders, 6s. 9d.; do. to Lisbon, 16c.; refined petroleum to
in
cases to Gibraltar for orders, 35e.; do. in
Alicante, 5s; do.
bbls. from Philadelphia and Baltimore to Bremen or Antwerp,
there was a firmer and fairly active
To-day,
3d.
4s. lid.@4s.
market ; the supplies of room are not large, while the demands
from the grain trade show a marked improvement. Grain to Liverpool, by steam, 7i@7fd.; cotton, id.; grain to London, by steam,
sugar to
9d.; oil cake, by sail, 3s. 9d. per bbl. and 23s. 6d. per ton
Glasgow, by steam, 80s.; cotton to Bremen, by sail, 1 ll-33d.;
grain{to Cork for orders, 9b. 9d.; do. to east coast of Ireland, at 6s. 6d.

N. Orleans.
Mobile ....

1,187,011

886,584

484,840 210.395 206,.S00

901,635

138,503

328,412

332,756

:J00,474

112,704

19,347

47,296

133,34?

101,540

83,092

Charleat'n •

375,661

400,619

121,455

47,136

70,160

2:18,761

95,895

26,078

Savannah

..

481,018

551,161

150,333

26,035 146,901

323,274

126,428

41,315

Galveston*.

424,788

819.556

167,837

4,111

26,694

198,642

186,657

New York..

162,503

100,972

26i,692

1,915

50,886

316,493

>

Florida
N. Carolina
Norfolk* ..

11,485

11,908

11,486

....

87,616

86,683

22,352

2,301

24,653

66,017

8,984

425,096

343.399

32,461

1,817

....

94,278

314,184

18,263

Other ports

81,426

54,455

63,358

....

75.372

...

39,660

1479,037 310,756 562,552 2.352.345 1140.709

731,363

3,055.711 1310.267 227,488 346, 93 J 1904,687 1022,698

736.553

••

.

48,145
176,524

;

;

Tot. this yr. 3,569,390

Tot. last yr.

Under the head of Charleston
Oa/pesJoM Is

12,014

included Port Royal, &c.; under the head of
Included Indlanoia, 4o.; under the bead of Ifor/olt is Included Cli»
\6

Point. &c.

These mail returns do not correspond precisely with the total ot
the telegraphic figures, because in preparing them it is always
necessary to incorporate every correction made at the ports.

:

M

ch

THE

1^76.3

18,

and the general weakening of speculative action, the close was
flat, notwithstanding the comparatively small receipts at the
ports. To-day, with a quiet report from Liverpool, prices were
easier, and the early months l-16c. lower.
The total sales for forward delivery for tlie week are 144,2.50
For Immediate delivery the
free on board.
bales, including
total sales foot up this week 6,586 bales, including 3,436 for export, 1,748 for consumption, 1,102 for speculation, and- 300 in
Tho following
ijalea were to arrive.
transit.
Of the above,
are the closing quotations
:

porn.

Ordinary
Strict Ordinary
&ood Ordinary
Strict Good Ordtaary

LowMlddllne

Low

Strict

New

Alabama.

Uplands.

Texas

Orleans.
9 5-16
10 3-16

9 »-16 a...
a....
a...
@....
a.... 10 3-16 a...
10 18-16®.... 10 15-16® ... 10 15-16®...
11) 13-16®...
11 i'.-i6a.... 11 n-i6a...
11 9 16«.,,. 11 »-16 a...
li 1-16 a... 1-i 3-16 @.... Vi 5-16 a.... 12 5-16 a...
11-16® ... 12 13-16®..., 12 13-16®...
12 »-i6 a..,.

5-H a....

9 5-:6
1U3-16 a.... lU 3-16

9

U

Middling

Middling

uji
13X
13X

Bood Middling
Strict Good MlddllDg
Middling Fair

ua

Fair

15

a... 18 '.-16
a.... 13H
a.... 14
a.... I4M
a.... 15;<

a.... 13
a... •isx

®

•.3H

a... 14X
a..,. im

®....

•3 1-16

®...

'A%

a.... u
a--.. i4»
a.... isH

@...
®...

9 7-16
10 9-16

.

I

a...
a...

Middling
Middling

11 l-l«
11 15-16

Below we give the sales ot spot and transit cotton and price of
Uplandi at this market each day of the past week
:

SAl^B.

.New

705
200
ito
1,690

130
392
275
246
415
260

3,136

l,:i5

«50

Monday

-.1

Tuesday
WodneBdaj,,.,
Thursday
Krlday
Total

Good Low MidOrd'ry Ord'ry, Mldl'g. dling.

Tran-

Con-

Saturday

FBl-lKS.

1

Classincatlon, Hxpt. sump. ufa'n

Total.

sit.

470
57
475

9 5-16
9 5-16
9 5-16
9 5-16
9 5-16
9 5-16

1,260

520

"56

1,505

446
'ioi

6(J5

'250

2,210

900

6,536

1,102

Delivered on contract, dnring the week,

1;
li
12
12
12
12

10 -.s-is

K-16

10

10 13-16

10 13-16
10 13-16
10 13-16

!-'.6

ViTi

l-:6
1-16
1-16
1-16
1-16

12M

bales.

MS.

bales

100 l.n.J0tb.:2 15-;6

1215-16

50
200
200

12 31-32

13
13 1-16
13 1-16
13 8-32

lODs.n
700
1,006

8,400
12,700
12,000
1,200

3,250 total

Harcb.
18 1-32
13
13 8-8J

M6

1,600

JOO
900
800

13H
13 5-S!
13 8-16

6,100

The
9-S2C

.

Kor June.

13W

900

\i%

1,309
1,200
7,100
4,400

13 21-32
13
13 23-32

12)^

12«
12«

13 25-32
13 27-32

13

10,000

May.

14 1-16
14 3-38

13 27-32

14

14 1-32
14 1-16
14 3-82

1,80(1

.14X

1,400

11 5-82
14 8-16
14 7-32

900
1,100
500

13%
12 29-32
13 15-16

13

700

800

10,209 total

Sl-3''

14M

the

Aug.

12*

12«

I2K

nii

12K

I2K

12X

13 1-16
13 7-32

IS
18
13
13
13

18*-32

13 1-16
13 3-16
13J4

18
13 3-32
13 13-32
13 21-32

12 31-32
13 1-16
13 11-82

13X

IS 27-32
14
2.200

13X

Mar

18 18-82
13 21-32

July

13X

August

14 1-32
1,212

1,'2S0

19.500

82*0

114H

114X

4.84

4.34

Bales spot
Sales future...

Gold
RxchauKe..

The

..

13X
13|(
13 15-16
14 8-32

8-16
15-32
23^£!
15-16

14 1-16

520
26,5(«

lltK
l.8tX

13 7-32
13 17-32
18 25-32
14

14 5-32
t,50S
26,200

13X
13 31-82
14 5-32
446 :
20,800

14

665
21,000

ISX

lllK

\U%

lUK

n.95«
114H

«.84>i

4.S4X

4.34X

4.95

VtsiBLK Supply of Cotton, as made up by cable and

The continental stocks are tlie figures
telegraph, is as follows.
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday veiling; hence, to make the totals the
complete figures for to night (Mar, 17), we add the item of exports
from the United States, including in it the exports of Friday
<

only

:

1876.

8t«(ek at

London

Total Great Britain stock

...,

1875.

1874.

1878*

607,000

768,000

718.000

56,000

103,500

182,250

178,000

858,000

876,600

896,SM

78S,000

302,000

Stock at Liverpool

18,000

n,m

61,000

U,%0

41,000

«6,aso

MpOW

IT.OOO

11,000

25,000

01,000

l.'i,760

«,000

19,5(0

80,0*0

14,S0e

15,000

33,000

UAM

49O.S0O

811,750

410,250

528,000

1,S48,B01

1,191,250

l,805,Sf0

1,308,000

160,000

m,ooo

581,000

620,000

480,000

15,000

S2.000

77,000

T»,00p

Stock in United States poru
Stock in U. S. interior ports
United States exports to day

t>M, Tii

639,002

701,239

531,51 1

118,812

97,157

103,810

10S,«11

17,000

25,000

10,000

..bale8.3,0»0,1.3r

2,96>,:09

3,9T»,519

Total visible supply,

or the above, the

American and other

totals or

10.000

2,838,7*0.

de.tcriptiona are as rollows

269,000

Liverpool stock
ContinenUI stocks

481,000

«'3,000

aii.ooo

307,000

145,000

!li,000

182,000.

American afloat to Burop«
United SUtes stock
United States interior stocks...
United States expoi te lo-day

aas,000

581,000

620.003

480,000

69t.7M

639,002

701,2

W

531.5;

r.3,94i

97,457

I0-J,BIJ

108,21

17,000

25.000

10,00.)

bale8.5,2:il,637

1,987,469

1,994,019

1,580,780

ToUl American

ISaat Indian, Brazil, (te.—
Liverpool stock
London stock
0«ntlnental stocks

India afloat for Karope

Egypt, Brazil, die, afloat

.

10.00

841,000

818,000

372,000

838.000

56,000

103,500

182,250

173,000

133,500

169.750

191,250

163,000

iur.ooo

lOO.OOO

329,000

45,000

82,000

77,000

72,000

841,000

788,500

975.250

932,500

1,258.000.

2,231,637

1,987,459

1,991,049

1,680,730

Total visible supply. .bales. 3,020,137
Price Middling Uplands, Llverp'1.6 7-16d.

2,!I62,709

2,976.549

2,838,780

VAA.

8Xd,

9«d,

Total Bast India, 4c.
Total American
.

.

These figures Indicate an iaereaae in the cotton in sight to-night
of 57,428 bales as compared with the same date of 1876, an
increase of 43,588 bales as compared with the corresponding
date of 1874, and an iiusreoM of 181,407 bales as compared
with 1873.

ending Mar,

17, 1876.

1,212

2,147

259
240
439

809
310
710

.

1,481
11,716

Nashville, Tenn..

748

1,170
19,817
1,425

16,095

26,388

igns

Columbus, Ga.
-Macon,

.

Oa

Montgomery, Ala

.

Selma. Ala

Memphis, Tenn

.

Total, old ports.

.

Shreveport. La
VicksbV, Miss....
Colnmbns, Miss...
Eufaula, Ala
Griffin,

Ga
Ga

Atlanta.

Rome, Ga
Charlotte, N,C .,.
St. Louis, Mo
Cincinnati, O

new

Total, on

May.

13

Jane

U.O0O

81,730

297,000

Total,

week

;

spot

11,500

G^IS.OUO

14

made during

will show spot quotations and the closing prices
"^
bid for futures at the several dates named
XTDDUtlO UPLASD8— AMBBIOAN OLASSIFIOATION.
Thurs.
Frt.
Wed.
Tnes.
Sat.
Mon.
FrI.
April

19,000

4r,000

ie3,0!X)

Dallas, Te-ias
Jefferson, Texas

toUl July.

2,400
I. ICO

For July.
900
2.000
400
2,200
700
2,600

loliowing exchange has been

Marah

U>00*

Mfim

Week

endlni; Mar. 19, 1876.

Receipts. Shipments. Stock.
1,399
165

1M12

11.569
8.194
4,953
6,839
7,499
68 067

1,475

6,7m

1,106

10,087
978

9,695
7,472
3,976
4.5(1
43,522
14,119

113,843

8,303

14,203

97,457

780
4,611

49
316

167
367

4,406
6,389

1,245
1,628

955

1,501
2.670
717
3,304
1,519
1,280
22,198
13,784

67
234
93
639
471

474

992

1,115
1,689
3,173

641
3.099
4.88«

1,460
24,066
15,516

341
281
205
474
4,162

417
392
766

14 1-32

The following

On

11,760

50,>5O

India cotton afloat for Europe. . ..
American cotton afloat for Europe
Egypt, Brazil, <fcc.,afloat for E'ropo

Week

For August.

H-16

June,

27,500 total

IS 17-32
13 9-16
13 19-32

pd. to excb. 500 April for

8,500
71,000

Receipts. Shipments. Stock.

13V

1,700

13W

53.000 total

5,900

97,000

statement:

cts,

100

Vi%

10,800
4,900
9.600
18,700
1,000

Total continental porta

Total European stocks

isra.

190,000

—

IMS

5,700
5,200

13 11-32

5 400

•For April.
l.TliO

bales.
300
800

cts.

13 9-S
13 3-16

13 13-ai
13 7-16
13 15-32

.

'"•

.,,.

bales.

For May.
8.600
2,000
2.000

Stock at Rotterdam
Stock at Antwerp
Stock at othdr contlneBtal portf..

1874.

149.780

1,300 bales.

40,300 total April.

MH

900

cts.
13 7-32

Amsterdam

im.
180,000

At THE Interior Pout3 the movement tlvat is the receipts
and shipments for the week and stock to-night, and for the
corresponding week of 1875— is set out. in detail in the following

free on board)
FoT forward delivery the sales (including
liave reached durinj^the week 144,250 bales (all middling or ob
of the
tlie basis of middling), and the following is a statement
sales and prices
For March,

Stocb at

2*4.900

,

Low

I

187«.

Stock St Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen

la...

8TAIMED.

Good Ordinary
Strict Good Ordinary

283

QIBMDNiaLB.

The cottou market has been exceedingly variable in tone
during the past week, while the actual changes in prices have
Spot
been Blight aa comi)ared with the previous fortnight.
quotations were marked up ic. to 12|c, for middling uplands, on
Saturday last, and this has been maintained to the close la.st
The demand, however, has been quite limited at this
evening.
advance, whether for export or home consumption. Actual shipments have also buou small, and stocks at this point have been
accumulating since Monday, To day, the market was more active
for export at a shade easier price?, but without quotable decline.
For future delivery, the market opened with considerable buoyancy of tone, with a slight improvement in prices. The opening
on Tuesday was especially active, and an advance of 3 33c. was
at one time paid, but the bank failure (noted elsewhere in our
columns) excited apprehensions of monetary disturbances, and
caused a pressure to sell, under which the early advance was lost.
On Wednesday the market recovered tone, but closed flat; and
yesterday, under a weaker Liverpool market, a decline in gold,

New Classification.

a
'

..
,

1

ports

706

1,519
4,153

142
1,156
2,764
6,128

252
869
42
997
182

535
505
68
474
170

li02

4.52

4,076
3,702

6,973
3,810

15,876

22,697

63,509

10,694

13,4SS

69,107

31,971

49.086

177.351

T8,997

"97i661

166,584

96
587

2,3-23

811
217
24
124

2.499
4,591
3,576

790
1,884

456
2,608

The above totals show that the old interior stocks have
deereaaed during the week 10,293 bales, and are to-night 16,385
The receipts at
bales nurre than at the same period last year.
same towns have been 7,792 bales more than the same wee\ last
year.

Weather Beports bt Telegraph.— The past week has
been a rainy one over a considerable portion of the South, and
crop preparations have, therefore, been somewhat interfered
with. Generally, however, farm work is, up to the present tim«^
as well, if not better, advanced ihan usual at this period of the
year.
Still, favorable weather is much to be desired now.
OalveiUm. Texas.— We had two rainy days early in the week
on which it rained hard, the rainfall being one inch and eightySince then it has been clear and pleasantfive hundredths.
Planting is making good progress. The thermometer hag averaged
61, the highest being 75 and the lowest 45.
Jndianola. Texas.— It rained severely on one day this w«ek,
another day was showery, and two days were cold, but as the

week closes there has been a favorable change. Farm wor^ la
progressing and cotton planting is being pushed forward 1

:

THE CHRONICLE.

284

Rainfall this week has beeu one inch and twenty-two
hundredths, and the thermometer has averaged 02, the highest
being 79 and the lowest 43.
VorHeana, Texat. There has been rain (sprinkles) on two days.
The weather is too cold. We have had frost on two nights, but

I

torily.

—

no serious damage was done bejond

partially injuring the fruit.
Satisfactory progress is being made in cotton planting.
The
rainfall has reached three hundredths of an inch, and the thermometer hag averaged 50, the highest lieing 81 and the lowest 30.

—

DaUas, I'exas. It has been showery on two days this week.
We have had frosts, but the damage done was unimportant.
Cotton planting is now making good progress. The rainfall has
been twelve hundredths of an inch, and the therraometor has
averaged 63, the highest being 82, and the lowest 33.
iV«U) Orleaiu, Lmiitiana.
It has rained two days this week, the
rainfall reaching one inch and forty-five hundredths.
The thermometer has averaged 61.
(JirevepoTt, Louisiana.
There was a severe rain and hail storm
here on Saturday last, and rain on Tuesday and Wednesday,
the rainfall reaching three and sixty-eight hundredths incbes.
Average thermometer, 55 highest, 78, and lowest, 35. Bad
roads interfere with receipts.
Viekiburg, Mississippi.
We are having too much rain. There
have been three rainy days this week, the rainfall reaching four
and forty-four hundredths inches. The thermometer has averaged 57, the highest being 80, and the lowe8^ 35.
Oolumlms, Mississippi.— The rainfall at this place during the
week has beeu forty-seven hundredths of an inch, and the ihermometer has averaged 58, the extremes being 49 and 68.
Little Bock, Arkansas.
There have been but three clear days
this week consequently, farmers have had little opportunity
for crop preparations.
The rainfall has reached two inches and
and seventy-two hundredths. Tbe thermometer has averaged 50,
the highest being 76 and the lowest 26.
Nashmlle, Tennessee. We have had three rainy days during
the week, the rainfall reaching two inches and thirty-eight hundredths average thermometer 54 range, 43 to 64.
Memphis, Tennessee. There have been four rainy days here
during the week, the rainfall reaching three and eighty-three
hundredths incbes. The thermometer has ranged from 45 to

—

—

;

—

—

;

—

;

—

60, averagintr 51.

Mobile,

Alabama.

—

It

;

was showery one day

this

week, and

it

rained constantly one day, but the remaining portion of the week
has been pleasant. Total rainfall for the week one inch and
eleven hundredths.
Average thermometer 61, highest 76,
lowest 38.
Montgomery, Alabama. Three days this week were stormy,
the rainfall reaching a total of two and seventy-five hundredths
inches.
The thermometer has averaged 59, the extremes being

—

34 and

77.

—

JSelma, Alabama.
It rained heavily one day this week, the
rainfall reaching three inches and fifteen hundredths, but the
rest of the week has been pleasant, the thermometer averaging
58.

—

Madison, Ftorida. Ilain fell on one day during the
rainfall reaching ninety-four hundredths of an inch.
mometer has ranged from 74 to 53, averaging 63.
Maeon, Georgia. Telegram not received.

—
—

Atlanta, Georgia.
reaching two inches.

The

week, the

The

ther-

rained constantly one day, the rainfall
rest of the week has been pleasant.
thermometer has averaged 60, the highest being 75, and the

lowest 34.
Cttumbus,

It

The

have been three rainy days this
reaching one inch and fifty -five hundredths.

week, th«) rainfall
have had a frost this week, but not a killing frost. The
thermometer has averaged 57, the highest being 78, and the
lowest 35.
Savannah, Georgia. It has rained two days this week, the
rainfall reaching forty-six hundredths of an inch. The weather
the rest of the week has been pleasant. The thermometer has
averaged 59, the highest being 76, and the lowest 43.
Augusta, Georgia. We hid a heavy rain one day this week,
but the rest was pleasant. The rainfall reached a total of fortylour hundredths of an inch.
The thermometer has averaged 67,
the highest being 81 and the lowest 41.
Charleston, South Carolina. There has been one rainy day here
this week, the rainfall reaching twenty-three hundredths of an
inch.
The thermometer has averaged 45, the extremes being 31

We

—

—

—

and

76.

The following statement we have

also received by telegraph
showing the height of the rivers at the points named at 3 o'clock
March 16. We give last year's figures (March 19, 1875) for comparison.
r-Mrh.

„
«
„
New Orleans..
Below high-water
.

Memphis

Feet.

.

mark
Above low-water mark
mark
mark
mark

Nashville.... '.Above low-water
Shreveport. ...Above low-water
Vlck«burg....Above low- water

16,

'76^ ^Mch.

Inch.

3
93
13

6

16

6

39

8

6

o

Feet.

'75.^
Inch.

5
8%

9
6

19,

MIseine
MIsbIqI
39

o

New

Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10th8 of a foot above
1S71, or 16 feet above low-water mark at that point.

Suggestions for Cotton Plantkks.— An
subject in our editorial columns
our readers.

week

may

article on this
be found of some interest to

LiVKRPOOL, March 17.-3:30 P. M.— By Cable from LivbrPOOL.— Estimated sales of the day were 12,000 bales, of wh^

2,000 bales were for export and speculation.
Of to-day's sales
8,600 bales were American. The weekly moremeat is given a«
toUowfl

bales.

18,000
3J,00n
7,000
4.0eO
838,000

Total stock
of which American
Total Import of tbe week

479.000
60.000
40,000
6,000
367.000

.

of which American
Actnalexport

..

Amountaneat
of which American

18, 1876

M'ch

8.

5S,000
17,000
35,000
6,000
6,000
859,000
484,000
84.000
48,000
6,000
385.000
893.000

5:.'.000

Forwarded
Sales American
of which exporters took
or which speculators took

M'ch

10.

85,000
17,000
55,000
B.OOO
11,000
819,000
486.000
80,000
60,000
6,000
383,000

J7

91000
u'ooo
54*000
8*000
18"oo0
80S*000
461 000
38*000

iSOOO
g.00O

44^000

...278,000
880 000
321,000
Tbe followint: table will shaw the dally closing prices of cotton for the week
Spot.
Satnr.
Mon.
Tues.
Wednes.
Thnrs.
Pn.
Mid. Qpl'ds. ..St6 .V16 .a" T-16 ..@6 7-16 ..&» 7-16 ..®(i 7-16 ..@8 7-16

do

Orl'us.

..©ex

..mU

..&li%

..aSJi

..®fi«

..@6X

Jf^tures.

Saturdat.— Arrivals Arm.
February shipment. Uplands, L >w Mid. clause, by sail, i 5-16d.
June-July dt-Uvery, Upland", Low Mid. clause, 6 7-16d.
Cotion to arrive 1-16 detirer.
March-April delivery. Uplands, Low Mid. clause, 6 9-.1M.

May-June delivery, Uplauds, Low Mid. clause. 6Ji@7-16d.
June-July delivery, UplaudK, Low Mid. clause. 6 15-32@>f d.
March-April shipment. New Orleans, by shII, 6?'id.
Cotton to arrive strone, with upward tendency.
March-April delivery, Uplands, Low Mid. clause. 6 5-16d.
April-May delivery, Uplands, Low Mid. clause. 6'id.
May-June delivery. Uplands, Low Mid. clause, i5-32d.
Juue-July delivery, Uplands. Low Mid. clause, 6 17-38d.

Monday.— Low

middling,

afloat, 63id.

May-June delivery, Upland-', Low Mid. clause, 6Xd.
June-July delivery. Uplands, Low Mid. clause, 6 9-16@?id.
Cotton to arrive strong, with 3-3i advance.
Fob-March shipment, Uplands, Low Mid. clause, by sail, 6X@9-16d.
March- \prll delivery, Uplands, Low Mid. clause, 6>id.
April-May delivery. Uplands, Low Mid. clause, 6)id.
M.iy-June delivery. Uplands, Low Mid. clause. 6^d.
April-May deliverv, Uplands, Low Mid. cliusc. t i5-3Jd.
March-.\prll shipment, Uplands, Low Mid. clause, by sail, 6Jid.
Cottons to arrive weaker, sellers offerins at 1-la decline.
Feb.-March shipment. Uplands, Low Mid. clause, by sail, 6>id.
March-April delivery. Uplands, Low Mid. clause, 6 7-16d.
April-May delivery, Uplauds, Low Mid. clause. B'/4@15-32J.
April-May dtdivery. Uplands, L»w Mid. clause, 6 15-:i-.>@7-lBJ.
June-July delivery. Uplands, Low Mid. clause, ti 41-3i(iixa.
June-July delivery. Uplands, Low Mid. clause, 6 H-iia.
TuESDAT.— Cotton to arrive firmer, and almost equalling yesterday's highest.
April-May delivery, Uidands, Low Mid. clause, 6 i-lrid.
May-June

delivery, Uj)land8,

Low Mid

clause, 6X@'l-16d.

June-July delivery. Uplands, Low Mid. clause, 6 9-16d.
Miirch-April shipment, Uplands, Low Mid. clause, by sail, U'^d.
April-May delivery. Uplands, Low Mid. clause, 6Hid.

May-June

delivery, Uplands,

Jnue-July delivery.Uplands,

Wkdnesdat.— Cottons

Low Mid.
Low Mid.

clause, 6 19-88 a916d.
clause, bad.

cheaper than yesterday's highest.
March-April shipment. Uplands, Low Mid. clause, by sail, BJitl.
May-June delivery, Unlands, Low Mid. clause, 6 19.3jd.
May June delivery, Uplands, Low Mid. clau'e, 6 9-16d.
June-July dellviry, U.)lands, Low Mid. clause, 6Xd.
March-April delivery, XJplands, Low Mid. clause, B 7-16d.
April-May delivery. Uplands, Low Mid. clause, 6Xd.
June-July delivery. Uplands, Low Mid. clause,' 6 19-33d.
March-April delivery. Uplands, Low Mid. clause, 6 13 3ad.
April-May delivery. Uplands, Low Mid. clause, 6 7-iad.
Cotton to arrive steadier.
April- May delivery. Uplands, Low Mid. clause, 6 !5-33d.
TannsDAT.— Cotton to arrive 1-3J cheaper.
February shipment. Uplands, Low Mid. clause, by sail, exd.
March-April deliverv. Up ands. Low Mid. clause, 6?id.
April-May delivery. Uplands, Low Mid. clanse, 6 7-16d.
May-June delivery. Uplands, Low Mid. clause, 6y,d.
June-,luly delivery. Uplands, Low Mid. clause, 6 'j-16d.
Feb.-March shipment from New Orleans, Uplands, Low Mid. clause by
sail,

to arrive 1-16

6>id.

June-July delivery. Uplands,
Cottons to arrive quiet.
April-May delivery. Uplands,

May-June

—There

Georgia.

M'ch

Feb. 45.
Sale* of tbe

March

delivery. Uplands,

June-July delivery. Uplands,

Low Mid.

claose,

Low Mid
Low Mid.
Low Mid.

clause, 6 7-I6i1.
clau«e, 6>(d.
clause, 6)i@6 19-8-ia6 9-16d.

Friday.— Cotton tw arrive weak.
May-June delivery. Uplands, Low Mid.
June-July delivery. Uplands,

Low

clause,

419

3ad.

6Xd.

Mid. clause, 6 19

32(1.;

same at 9-16<l.
Aprll-Miy delivery, TTplanda, Low Mid clamc, 6 1.3 Si® '-id.
May-June delivery, Uplauds, Low Mid. clause, 6 15-32d.
Oct.-Nov. shipment. Uplands, Low Mid. clanse, by sail, new
Arrivals weak.
March delivery. Uplands, Low Mid. cUuse, 6}ii.
May-June delivery. Uplands, Low Mid. clause, 16-3M.
Jnne-July delivery. Uplands, Low Mid. clause, 6 17-3-id.

also saTe of

crop.

6Kd.

1:

The Exports of Cotton from
York, this week, show an
increase, as compared with last week, tbe total reaching 5,201
bales, against 4,048 bales last week.
Below we give our usual
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1875; and in the last column the total
for the same period of the previous year.

New

Wew Yorte Hlncr. Sept. 1 187S
WnK XKDIKS
Same

Kxporta ot CoUon(bala«) lYom

,

ToUl

IXPOBTXD TO
Feb."
S3.

8,087

Other British PorU

Total to Ot. Britain
Havre
Other French ports

March
1.

8.

15.

6,137

Tiir

3,155

26f,2M

60

1,644

3,2:5

266,907

229.329

1,915

4,507

6,227

3,115

150

150

Bremen and Hanover

Uambnrg

SU

Total to N. Bnrope.

373

Spain,Oporto&Qibraltar&c

12

Ailothers

Total Spain,

ice

1,915

4,507

153

75

20,287
8,371

14,645

8,.308

"780

Lli'll

'^1,790

2,152

933

1,98G

52,451

32.710

12
8,622

229,329

609
50

....

Orand Total

prev'us
year.

March

40
8,087

to
date.

March

15.085

4,048

6.201

lo,<tl3

12

10

409

50

421

60

3)1,694

226,606

-

:

March

The following are the recelptB of cotton at New York, Boston
Philadelphia and Baltimore for the last week, and since Sept. 1,'75'.

mW TOBK.

BOeTOH.

PBILADILT'IA

BALTIaOBC.

ThiB Since
week. Septl.

ThlB Since
week. Sept-l.

This Since
week. Sept.1

BSOI'TB raoM-

New

Orleans..

Savannah

Since
Sept.

1.

4,072

103,911

1,520

20,900
8,303

'447

1,668

Florida
S'th Carolina
N'th Carolina.
Virginia
North'rn Portf

1.838
645
1,797

Teuneeeee, &c
foreign

6,810
130

this year

17,719

TU6,6M

7,060 203,561

Total last year.

1C.546

629,098

7,560 212,324

ToUl

"m
.366

431

10.851
5,271

1,469
711

74,024
1.950
7.008
79,327
42,603
160.824
7,819
168,313
2,178

Mobile

'308

13,428

I'.ori

13,292

106

288
645

9,i»5
19,036
49,641

26,117

'iii

4,921

1.366

S»,9«4

1,522

96,130

1,989

48,846

1,899

97,962

491257
60,862
53,650

1,443
;,i0i
1,787

65

—

:

^SbipracDTB this week-.
Great
Oon-

.-Shipments ttlnce Jan.
Gr'-at
Ccn-

Total.
31,000
18,000
50,000

1-,

.

Kecelpt*.

This

3th.

178,000
334,000
271,000

—

36,000

263,000
475,000
388,000

S9,0(K)

56,000

—

Shipping News. The exports of cotton from the United
States the past week, as per latent maii returns, have reached
So far as the Southern ports are concerned, these
106,331 bales.
are tlie same exports reported by telegraph, and published in
The Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
night of this week.
Total
bales.
Liverpool, per steamers ParthlB, 34... City ef BrookGermanic, 1,288
Helvetia, 214
per ship Queen of
the Fjist, 939
3,1.58
To Hull, per steamer Hindoo, 60
60
To Bremen, per steamer America, 75
75
To Cronstadt. per bark Abigail, 1,911
1,911
New OiiLKANs— To Liverpool, per steamer Memphis, 3,200
per ships
Sally, 4,0KO
Prince Leopold, 4,215. ...John Mann, 3,S09....
India, 4.144. ...Bolivia, 2,904 ...per barks Pater, 1,916 ..Mentebelio, 3,406 .. Marie Augaste, 1,653.... Truce, 962
30,129
To Havre, per ships Loulpe et Rose, ^.-ISe
Bavelaw, 8,«82. ..per
barks Khone, 2,462
Mnrie, 2,664
per schooner Anna
Krauz,2, 87
13,881
To Rouen, per bark President Daal, 1,251
1,251
To MiTsellleB, per bri;; Bartolome, 350
350
To Bremen, per steamer Hannover. 2,8-?2 ...per barks Quelle, 1,800
....Albion, 1,.341... .Reform. 1,379
7,352
To Amsterdam, per barks MelDonrno, 2,036. ...Amity, 1,640 ...

Nkw York— To

:

;

mainmast.
bark (Br ), from Savannah, collided ofi' Canada Dock, Liver!, with steamer Bavarian, but sustained no damage.
Vanguard, bark, from New Orleans fer Queenstown, which put into Key
deck

an<i

Mart Lawton,

March

pool,

West March 7, was leaking.
Ebmina p., brig (Ital.), Trucco, from New Orleans
J.

Ramsgate, March 10, wltii loss of anchors.
M. WiBWELL, brig. Glover, at New Bedford from

boom and damaged

Harry

WmToN,

L.

Brsfje, 1,390

son, 6,237

5,066
2,400
1,150
3.30

600
942
1,842

10,135

Crunetadt, per bark Bralsberp, 1,180

Charlbstiin— To Liverpool, per barks Jiimes Peake, 2,077 Upland and
Hi Sea Island.... Liefjcld, l.l'Sl Upland and 22 Sea Island
To Barcelona, per brigs .'Xudaz, 660 Upland .. Loreto. 556 Upland..
Savannah— To Reval. per ship George Washington, 4,020 Upland
..
.

.

.

.

Cotton freights the past week have been as follows
—
Liverpool
Havre.
Bremen.
.^Hambarg
.

Steam.

850

2i*8

and 223

Total

721
191

500

907
938
106,831

:

The particulars of these shipments, arranged in our usual form,
are as follows
LiverBre AmsterGothen
pool. Havre. Rouen, mea. dam. Beval. Rigi. burg. Total.
""
New York
New Orleans!...
Mobile

3 155

.

30,'l29 13,831
10,1.35

Charleston

4,191

Savannah
Tcxis
Wilmington

4,841

1,851

75
7,362

Saturday.

Monday.

..©¥

.

. .

.

Tuesday...

Wednesday
Thursday..
Friday.

...

i&H

..&H

Mk

.

.@X
•©«

Norfolk
Baltimore
Boston

2,400

1,160

64.693
.11,315
5,41 >7

Philadelphia

ToUl

1,244

1,860

4,020
7,WI5
811
4,6.32

912
907
93S

191
.

89,960 13,881

.

.

1,251

8,562

.MH

Mk
MH
(Ak
M'<
(AH

,

—

—

.

Steam.
Jfcamp.

}i

Steam.

c.

c.

.

Xcomp.
Xcomp.

.

,

Sail.

c.

.

Steam.

Sail.
e.

Xcomp.

..

Jtcomp.

.

c.

^eomp.
;icomp.
Jicomp.

Kcomp.

.

comp.

•icomu.
iioomf.

JScomp.
5£comp.

Xcomp.

Sail
c.
.

..

Hcump.
^comp.
^comp.

.

..

BREADSTUF P8.
Fbidat. p. M., March

The

market has been more

17, 1876

and prices have latterly
befn quite buoyant, especially for desirable lines ot shipping
extras, common and medium.
The depression caused by the
bank failure (noted on another page) was quite temporary; and
on Wednesday and Thursday shippers had difHculiy in tilling
flour

their orders

owing

active,

TUe better

to tlte scarcity of desirable stock.

grades were also higher, but the low (grades appear to be in full
supply. Today, the market was stronger, with lines of shipping
plenty at f5 10(n!$5 30, and Southern
more money.
The wheat market was somewhat depressed early in the week,
but recently the demand has been quite active for export. I^
would appear that weak holders have pretty well sold out,
and that stocks are now, though large, in btrong hands, with a
disposition to compel the incrensing export demand to pay such
prices as will at least relieve owners from loss. Other influences
have seemed to favor buyers, but prices have been advancing,
To-day, the market was active
especially for the regular grades.
the sales aggregating about 300,000 bushels at
26@|1 27 for do. Mil|1 30(a|l 23i for No. 2 Chicago;
waukee $1 36(a$l 38 for No. 1 Spring, and $1 35 for wkite
Canada, in bond.
Indian corn has been fairly active for export, and, although

and higher,

H

;

3,201

5,066

4,020
811
4,632
721
907
938

Sail.
d.

d.

flours held for

811
4,632

Lake Megantic, 20O

To Bremen, per (Steamer BrauU'Chweig, 191
Boston — To Liverpool, per steamers Parana, 407... Siberia,
PuiLADKLpaiA— To Liverpool, per steamer.Lord Cllve, 938

14,

for deeti nation.

extras salable and not

1,244
1,860

'.

Rich, from Mobile for Barcelona, which pnt Into
leaky, made the necessary repairs, and sailed March

1,180

4,-341

To Bremen, per bark Anna Eiiso, 1,244
To Gothcnburj,', per bark Alamo, 1,860
To Christiana, per bark Catherina 550
WimiNuTON— To Liverpool, prr bark Ruth Topping, 811
Norfolk— To Liverpool, per ship Reaper, 4, 6'i2
BALTiMonE— To Liverpool, per steamers Lake Neplgnon,

Orleans, broke main-

sails.

4,191
1,216
4,020

Liverpool, per barks Erna, 1,7M ...Samson, 991. ..Ophir,

1,600

for Rotterdam, pat into

New

schr.,

Norfolk, Feb.
6,

K

To Riga, per bark Racer, 2,4C0
To Rev.il, per bark Du.x, 1.150
To Barcelona, per bark Terita, 330
To Al icante, per bark Galathea, 600
To Genoa, per bark Reunion, 942
To Veracruz, per steamer City of Merida, 1,242
MoBiLK— To Liverpool, per ships Mary Fraser, 3.898... Andrew John-

;

;

lyn, 6:0

bags

285

In the hark John Geddie (Br), at Charleston for Havre,
before reported, broke out about 3 P. M. March 1, and It spread with
great rapidity and soon excended quite across the hark In the vicinity of
the mainmast, and tlic smoke cnme from the held in dense volumes,
threatening the dcs ruction of the vestei and cargo. The timely arrival
of the Fite Department and the forcing i>f a larj-e hody of water into the
hold checked the rapid progress oi the flames, which, with the prompt action of the captain in scuttling the vessel, brought the Are to a cunclusion
about 7 P. M. A steam Are er.gino was kept by the bark during the night,
and on the 5th two of these powerful machines were engaged in pumping
her out. The cotton will oe all more or lesa damaged by salt water,
but the amount of injury (rom the fire lb as yet nnccrtaiu. the mainmast
being badly charred, and perhaps other portions of the interior of the
hold will be found to be more or less burnt Their Infurance in Charleeton Is $28,600, gold, on cotton, and £500 on the freight
The estimated
value of the vessel anu cargo la about as follows Cargo, $140,000
vessel, $25.000 freight, £1,800
total value, about $174,000.
At>out 500
hales cotton had bien dlsch»rged on "he 9ih, probably less tlian !00
bales showing indications of burning the rest more or loss damaged by
water. The Are was In llie upper tier of cotton, and was en>iiely In the
vicinity of the miinmast, where it has left its effect on the deck beams,

Since
jan.l.

week,

Total.

Brttain. tinent.
lOJ.OaO
76 000
216,000 118,000
173,000
98,000

From the foregoing it would appear that, compared with last
year, there is an ituirease of 13,000 bales this year in tlie week's
shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 114,000 bales
compared witn the corresponding period of 1875.

Tbxas— To

;

John Oebuie— The Arc

;

To

:

;

•

to our cable despatch received
there have been 30,00(1 bales shipped from Bombay to Ureal
Britain the past week, and 11,000 bales to the Continent
while
the receipts at Bombay durinj; this week have been 35,000 bales.
movement
since
the
Isl
of
January
follows.
The
is as
These are
the figutes of W. Nicol & Co., of Bombay, and are brouf^ht
down to Thursday, March 16

1874.

..

LotiiBiAKB, ship (Fr.). Tonffet, at Havre from New Orltant, rsporta that
on morning of Jan. Jl it was found that the vessel's cutwater wa*
carried away, and it was Buppi.sed that she mast have struck against a
wreck. Krom this lime khe made water, and the pumps had to be
attended to frequently. On the «7lh, during a gale, she was thrown «n
her beam ends, and had to cut away foretopsalT. The gale caused the
vessel to make more wuter.
Majbstic, ship, Gibbons (ownfd byThayer A Lincoln, of Boston, and her
commander) at New Orlean-, with 3,500 balc-s cott<m "n board for Llvarpool, was struck by lightning and set on Are at 3 A. M. March It. The
vessel and cargo were considerably damaged by Are and water, the Uttct
to the extent of $50,000, the former ».t,.'A)ij.
QusBM OF TiiK East, ship (Br.), in leaving New Yoik for Liverpool, emnnded
ou Diamond Reef, A. M. March Hth came off, proceeded and cleared
the bar, Sandy Hook, at 11:30 A. M. same dav.
SucoBSB, ship, from New Orleans for Havre, which pnt back to New Orletnr,
Feb. 3, diimag" d by collision, repaired, and r. snniid her voyage March It.
EsTBBrRisE II. bark (Dutch), from New Orleans for Havre. Btranded on the
Colorado Reef, had dischirged, Jan, 24, 7.V) bales coitoo.
J. B. DoFFns, bark (Br.), Shaw, from New Orleans. Feb. M, for Havre, w«a
Jiartlally dlBmasted March 5, and put back to the Southwest Past ob the

BaMBAY SHtPMKNTS — Aocordinu

1876
1875

.

La

lo-(iay,

Hrltaln. tinent.
20.000
11,000
8 000
10,000
27,000
... 23,000

..:

THE CHBONICLR

18, 187tJ.]

Thl«
week.

..

5,066

5,170

2,400

1,880 105,8)1

Included in the above totals are, from New York 60 bales to Hull and 1,911
to Cronstadt from New Orleanb 350 bales to Marseilles, 330 to Barcelona, 600
to Aliciute, 912 to Genoa and 1,212 to Vorn Cruz; from Mobile 1,180 bales to
Croiistadt : from Charleston 1,216 bales to Barcelona ; from Texas 550 bales to
;

Christiana.

Below, we give all news received to date of disasters, &c., to
vessels carrying cotton from United States ports
CiTi oi-Lmr-mcK, Btr. (Br,>, from Philadephia at Liverpool struck the pierhead, morulng of 28th ult.; damage, if any, not known.
Ska GnLL, str., Chiids, from Charleston, llth, for Baltimore, was towed back
toC, lith, having lost propeller.
:

prices

have fluctuated somewhat from day

the past

week has been very

slight.

to day, the

change in

Sucli as has taken place

has been the narrowing of the range ot quotations tbns, new
58i(S;62jc., against 5S(a83c. the previous
Friday a demand for qualities suitable for shipment by steamer
being the main cause of this. Old Western and new Southern
;

mixed was yesterday

—

have been quiet. To day the market was firm, but quiet.
Rye has been quiet, but rather more firmly held. Canada peas
have sold at 97Jc. in bond, which is firmer. Barley and barley
malt have sold to a moderate extent at lower prices.
Oats have been qu'te depressed; prices have declined to 42c
but yesterday a bet
for No. 3 and 45c. for No. 2, city inspection
ter demand sprung up, and there w\s a recovery of \c., with
choice Milwaukee sold at 48Jc. To day there was a further advance, closing at 48c. for No. 3 and 46c. for No. •}, city inspection.
;

The following

are closing quotations

—

:

.

:

.

IHE CHRONirXR

286
FLOUB.
No.*..Baperfine State

&

ern

BxtnState.Ac
Weatern Spring Wheat
extras

doZXandXXX
do winter wheat X and
rx
Olty Bhipplng eztiae. ...
City trade and family

brands

Bonthem bakers' %nd

fa-

mily orands

Bonthem shlpp'g extras.
Bye flonr BOperflne
Cornmoal— Western, Ac.
Ooni meal— Br'wine. &c.

The movement
lowB

:

in

18,

1876

DEIY O-OODS TRADE.

12® 1 17
33® 1 30
Fbidat. p. M., March 17, 1876.
1 83® 1 40
4 15© * 60
1 10® 1 30
S 10® 5 3S
The
past week has dev.eloped considerable improvement in the
1 36® 1 47
62 jobbing trade, but business has been slow with the domestic
1 35®
5 00® 5 36
69® 63
5 36® 6 75
63® 64 commission houses and importers. Values have been nominally
60® 64
6 as® 8 75
83® 88 unchanged in first hands, but increased discounts have been
S 35® 6 00
41® 47^
46® 61 offered on certain descriptions of domestic cotton goods, and large
6 35® 8 00
96® 1 15
70® S5 buyers of woolens (if such could have been found) would have
State, 8-rowed
7 OC® 6 75
State, 4-rowed
5 50.® 8 76
experienced no difficulty ia obtaining price concessions on vari90® 1 10
BarluyMalt—
State
...
4 75® 5 00
110® 1 36 ous makes of cassimeres, suitings, worsted coatings, etc. Jobbing
Canadian
3 6.1® 2 90
3 35® 3 35 Peas-Canada.bondAfree 1 00® 1 30
quotations for brown and bleached cottons have j)resented many
breadstuSsat this market has been a8 folirregularities, and strong temptations have been held out to

Vbbl.lS 20®
Wesl-

THE

URAIH

I

LMirch

3 S5| Wlie«t^-No.3 8prlng,bu«h.$l

No.aspriDK
No.l spring
Red Western
Amber do
White
Corn-West'n mix'd.new
Yellow Western, new.
Southern new
Rye
Oate-Mlied
White
Barley— Canada West.

1

1

.

&

.

^—

BXPOBTS rBOH NIW TOnK.

TOBK.—>

buyers in order to stimulate business, and it has not been
to find these and other goods offered by the piece at
For the
week.
The event of the week was an
less than agents' package prices.
.384,629
48,-301
403,534
609,877
44,753
799,307
Floor, bble.
65,643
3i,7r8
37,860
auction sale of Philadelphia dress goods, of the manufacture of
2,135
44,557
3,a3-2
89,511
3,367
O. meal, ".
Wheat, bns. 21B,a3l 8,134,399 1,413,649 876,438 3,336,501 439,2:4 3,931.313 Messrs. Scheppers Bros., which was held on Thursday by Wil193.749 3,9li0,252
438,083 3,431,315 4,977,8H 388,931; 3,056,171
Com, "
18,798
"
15,630
9.500
39,647
37,793
14,360
360
Bye,
merding, Hoguet & Co. The sale attracted a very large number
110
440,537
79,048 1,094.738
Barley. "
26.000 of buyers and the entire balance of production was closed out at
3,780
8.730
49,986
340,064 1,567,.S06 1,347,484
©ate...."
The following tables show the Grain in sijrbt and the moTe- low prices. The exports of cotton goods from this port were 636
ment of BreadBtuffs to the latest m»l] dates
p»cka(;es, of which the largest quantities were taken by Great
RKCBIFTB AT LAKE AND RIYBR PORTS FOR THB WKKK RNnn G Britain and Brazil. An interesting feature of the export trade
MARCH 11, 1876, AND FROM AUGUST 1, 1875, TO MARCH 11, 1876
was */he shipment of a few cases of indigo blue and fancy prints
Rye,
Barley,
Oats.
Flour,
Wheat,
Com,
bush.
bush.
bush.
bnsb.
bbls.
bush.
to the East Indies, by way of an experiment, which may be
lbs.)
lbs.)
(56
At—
(196 lbs.) (60 lbs.)
(56 lbs.) (.32 lbs ") (48
attended with important results.
5,727
121,:J27
34,750
455,484
Chicago.,..- ..
154,044
33,160
3,630
18,610
13,705
Hilwankea
12,740
34,343
267,754
Domestic Cotton Goods have presented no new features of
30,170
Toledo
330,383
500
87,303
«8 •special interest. The package trade was comparatively light,
17,488
.",933
31,856
Detroit
77,4 !4
1,681
2,400
7,800
Cleveland
9,100
3,890
2,78:J»
.•),679
41-:,2'5
but jobbing sales reached a fair aggregate amount. Brown and
23,567
3.'i,24!)
99,883
88,194
8t.Loul»
BXOSIPTSAT »SW
1876.

,

.

1876.

.

Since
For the
Siace
Jan. 1. Jan. 1, '75, week.

,

—

r—

retail

1875.

For the
week.

Since
Jan. 1.

uncommon

Since
Jan. 1,

.
.

.

.

:

Peoria..

1,630

DBlDth
Total
Pravloas week.
Oorre8p'ngweek,'75.
'73.
"1».
'71.

"

"

93,478
103,039
81,563
105,316
107,753
80,376
74,389

16,130
16,080

111,660

63,800

10.200

9,280

716,0.38

1,3!I1,918

36^9tl

865,287
731,910
571,603
591,539
830,016
211,519

l.H.9,3Sl

.504,303
319,.523

9^^915
143.-88
81,069
139,747
145,313
66,178
31,133

21,644
29,847
19,358
23,391
81,594
26,656
10,481

887,455
433,198
864,603
772,504
342,607

361,765
497,183
216,443
174,396

Total Ane.l todate .3,091,783.45,266,303 31,154,863 17,653,581 6,185,286 1,522,344
Same time 1874-5.. .3,.338,568 41,967.088 37,6M,088 14,739,459 5,193,n03 961,628
Same time 1873-4... .3,984,1:4 56,888,640 :ffl,339,0H9 lfi,'W,9U 6,483,011 1.437,126
Same time 1872-3. .3,883,683 35,665,535 37,369,821 15,630,054 7,720,604 7,.370,642
.

Shipments of Flour and Grain from the ports of Chicago,
Milwaukee, Toledo, Detroit, Cleveland, St. Louis, Peoria and
Duluth for the week ended March 11, and from Jan. 1 to March 11,
inclusive, for four years
Flour,

Week

1

7.3,148
.57,913

1876.1,018,185
773,188
1,182,872
1873
867,007

3,037,153
3,296,308
6,948,608
1,403,423

'73

'73

to Mar.

4,

Bametimel876
Same time 1874

Same time

bush.

273,365
407,767

Cor.weck'71
Jan.

Whfat,

bbif.
95,059
118,038
93,749
94,795
93,880
61,863
61.337

March 11, 1876
March 4, 1876
Cor. week '75
Cor. week '74

week
week

.365,347
409,.339

Corn,
bush.

Oats,
bush.

Barley,
bush.

Rye,
bush.

1,162,745
1,196,311
303,137

335,803
453,865
855,276

868,541
240,959
175,547
185,137
351,671
103,538
44,980

76,130
78,718
63.058
67,805
82,716
57,059
30,313

20,343
16,400
13,125
11,453
3,985
13,353
1,785

7,938,516
3,736,109
2,062,827
3,751,701

1,876,670
1,590,639
1,705,883
1,946,648

653,.383

163,8:9
150,094
144,324
80,083

169, '.74

15:f,728

510,208
849,565
783,140

RBOBIFTB OF FLOUR AND GRAIN AT SEABOARD I'ORTS KOH TaB

WEEK ENDED MARCH

11, 1876.

Flonr,

Wheat,

Com,

bush.

bush.

bush.

bush.

bush.

303,960
3,035
63,000
153,400
22,400

443,905
139,865
17,600
484,400
677,900
99,409

251,905
50,459
2.300
70,700
6,470
25,512

38.500
17,300

3,380

New(
swOMaas..

bbls.
65,656
17,227
:2,oa8
19,600
19.313
10,862

Total
Previous week

144,698
155.434

439,786
844,698
345,470

1,863,079
1,674,866
921,432
14,854,083
11,484,100
6,860,408
4,878,138

406,146
405,891
324,771
3,896,588
2,795,018
3,328,763
3,662,970

101.R87
80,695
34,000
1,313,788
450,212
497,787
668,967

At—
Mew York
Boston
Portland
Philadelphia

Baltimve

Cor. week '75
140,593
Total Jan. 1 todate. 1,713,730

Same time
Same time
Same time

1875
1874
1OT3

1,481,872
3,28.^,913

1,465,717

3,.372.390
2.963,9.30

8,853.015
1,739,941

Gate,

Barley,
330

213
55,635
1,800

4,400
8,992
5,900
68,470
41,920
316,223
24,102

The Visible Supply OF

(iRAiN, comprising the stock in
granary at tKo principal points of accumulation at lake and
seaboard ports, in transit by rail, and frozen in on the New York
canals and on the lakes, March 11, 1876:
Wheat,
Com,
Rye,
Oats,
Barley,
In store at New York
In store at Albany
In store at Bnffalo
store at Chicago
In store at Milwaukee
In store at Duluth
In store at Toledo .
In store at Detroit
In store at Oswego
In store at St. Louis
In store at Peoria
In store at Boston
In store at Toronto
In store at Montreal
In store at Philadelphia
In store at Bnltlmore
Rail shipments week
On lakes and canals
Afloat at Ncv. Y ik

U

.

Total

March4,1876
March 12, 1876

benefit

to

the market.

demand and

Corset jeans were in good

continue in light supply. Cheviots were more active when offered
Denims, tickings,
at a concession from previous holding rates.
checks, stripes and osnaburgs were severally in moderate request.
Grain bags were placed in fair amounts by jobbers, but were

Fancy prints were dull, and the supply in
first hands.
hands has become so unwieldy that steps have been taken
Prices of prints were generally unfor curtailing production.
changed, but Oriental fabrics and shirtings were reduced to 6^0.
and 6c. respectively. Wide prints and shirtings were in fair
demand, and ginghams changed hands in moderate amounts.
Cotton dress goods were less active. Print cloths were quiet

quiet in
agents'

• Estimated.

Cor.
Cor.

bleached cottons of the best corporation makes were in steady
the supply of outside brands
has increased, and a curtailment of production would be of vast

demand and nominally fim, but

bush.

bush.

bush.

bush.

bush.

4,883,464
9,800
1,281,656
8,198,007
4,020,385
136,964
631,222

599,041

764,656
85,000
86,011
718,641
144,144

397,994
190,000
91,611
389,963
166,531

76,481
27,400
18,671
143,315
22,604

33.3,717

90,000
437,986
18,796
1,021
818,131

834,335
350,000

'.2,000

89,488
2,091,745
45,350
....

623,620
12,004
26,000
717,781
17,478
45,612
1,150
61,574
435,000

3.3,462

70i,.344

395,847
656,554
150,000

1,162,746
180,000

18,953,686
17,108,279
13,188,968

6,771,333

....

6,9.35,796

8,176,361

.,..

293.541
82,191
16,000
218,613
117,287
206,888
5,910
17,4*6
180,000
58,000
368,541
180,000
...

3,405,821
3,861,558
2,855,107

3,933
27,196
4,500
95,982
12,094
45,210
2(16,383

6,641
40,000
3,000
76,130
80,000
90.000

1,864,498
3,053,231
1,327,514

23,433
78,021
142
1,833
4,300
1,500
20,242

415.142
430,431

193,9M

until

nearly the close of the week,

developed,

and, after

advanced to

3ic.

Domestic

selling at

3ic.

when

a fair

standard

demand was
61x64

clotGs,

cash@4c. 30 days.

Woolen

Goods.

— Transactions

in

men's- wear

woolens were chiefly restricted to the sale of small parcels of the
finer grades of cassimeres, suitings and worsted coatings to local
and inteiior jobbers. The clothing trade bought very few spring
goods, but placed some orders for plain and fancy overcoatings
Black cloths and
for the fall trade, to be delivered hereafter.
doeskins were very quiet but steady. Low and medium grade
cassimeres were almost neglected, but the finer qualities were in
Low grade worsteds were dull and
fair request, as above stated.
weak but the best makes are firmly held. Satinets were in
moderate request, and low qualities of Kentucky jeans were a
Flannels were taken in small lots for keeping
little more active.
;

up assortments, and carpets were in better deujand, both in
Brussels and ingrain makes. Worsted dress goods met with fair
sales, and plain fabrics are s'teadily held. Sliawls were in liirited

and woolen hosiery remained inactive.
There was a sluggish demand for
foreign goods from first hands, but increased animation was
observed in some dfepartments of the jolbing trade. Staple and
fancy dress fabrics were in moderate request, and low and
medium grade dress silks met with a fair distribution. Linen
goods were rather quiet, and there was less than the usual demand for white goods. Fancy miliinery silks were more active,
and there was a steady traffic in grosgraiu and taffeta ribbons.
Woolen goods for men's wear were t.iken in small amounts by
cloth jobbers, but sales were light in the aggregate amount, and
The auction rooms
prices are not satisfactory to importers.
request,

Foreign Dry Goods.

—

distributed a large quantity of foreign gootis of various descripMessrs. C. A. Auffmordt & Co. sold a line of Paris dress
tions.

goods, through Townsend, Montaat & Co., at low prices, and
Messrs. E. Warburg & Co. made n large offering of dress silks,

through the same firm, with Inir v 'Uiafactory results. Embroidr at considerably less than
eries were largely sold at auction,
importation cost.

——

.

M irch

.
.

.

18,

—

THE CHRONICLE

1876.J

287

ImportaUouB or Dry Good*.
JtxporM or I.ea«lUK Articles fr*ai Raw Vork.
The following table, compiled from Cottom Uoase reCiirnR,
The importations ot dry floods at this port (or the week ending
shows
the exports of leading artiolea from the port of New
March 16, 1876, and the correspondinjr weeks of 1875 and 1874
York since Jan. 1, 1876. to all the principal foreign countries,
have been as follows
and also the totals for the last week, and since Jan. 1. The
IHTaRSD rOR OONSUVFTIOll FOB TBI WBIK IKDIXS XABOH It, 1816:
last two lines show (o<a<«a<u««, Including the valaeof all
other
1874
1878
1876
:

,

,

,

Pke«. Value.
Uannfactarea of wool.... 1,336 tSSl.JSD
do
cotton. .»,1S7
873,3M
do
«llk
783
i98,971

do

flax

1,286

Mlecollaneont dry good!

371.553
203,3)1

589

Total

6,091 12,413.502

807
539
185

Value.

M7

$M«,«M

1,062
885

31i(,i74

.

Pk(r»
SOS

434,.')99

8«i

4!0,5M

M1,7H
231,283

1,096
8,297

244,500
110,395

3
t203,351
140,910
144.598
125,992

602

*238,974

541
159

551
1,887

11.%3;i2

58.552

laj
509
688

25,021

8,403

141,901
170,000
120,183
54,808

»,8S9
6,091

1816,481

8,145

t619.B78

3,413,508

5,6.32

l,i<13,19«

4,170
5,936

1:23,879
1,455,128

roUl thrown upon m'k't. 9,450 $3,888,933
7,777 »8,8!13,388
10,106
BNTBBBD FOB WABBHOOBme DURIHS SAMB PBBIOD!

$2,!79.007

MlBcellaneonr dry cooda.

ToUl
Addent'dforconsumpt'D

ManafactareBor wool....
do
cotton..
do
allk
do
flax
Ultceilaooone dry goodf..

1824,641
218,073
128,039
157.405
87,986

8.398
6,091

8,a33
5,638

$978,924

8,413,508

1,613,496

4,107 $1,088,488
6,936
1,455,188

a. the port. 8,489 $3,859,616

13,665

$8,586,418

10,013 $8,483,661

Total
Adilent'ilfofconanmptn

roul entered

465

774
751
145
607
187

1,041

$441,967

869

}3.30,461

499
168
750

149,774
147,166
181,170
49,845

681
189
947

814,693
221.531
834,518
37.178

5,581

$846,144

the table.

"

2'

TnB%ARK«T DDBINO THB

INTO

in

i

5,9)6 11,455,128

5,6-32 tl,6l.-i,496

flAMB pbriod;
$369,893
487
143.639
3S8

those mentioned

35S.00I

1,119

804

110,015

articles besides

Valne,
$.')57,(ifl6

8.114

• ITBDBAWH FROM WtRBHOOeB AND THROWN
Manafactareeof wool....
do
cotton..
do
silk
do
flax

.

.

Pkgi.

1,501

gg|~'g^ s|^''"'^s2s:f-!;-|%<T£-'^s|'^?5|«':s5'<'"2§6

=£S=SS

.

.-11 :g :S ;S

igSS

So

:2

:

S

:

-•

:S?J3§S|5ga|| gg
:

:?

;B

:

:';

toe-

Import* or LeadlDK Artiolea.

tin

The following

table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port since
Jan. 1, 1876, and for the game period in 1875

SgiS

:

'8g
«»

.3 :S .9

:

-

:

:S

:

•

•

:
•

.88
*55
•

it

:

[The quantltjU (Iran In packages when n«t otherwise specified.]

88Since

Bame

Since

Same

J»n.l,'76.

time 1875

Jan.l,*76.

time 1875

951
161

1,037

4,785

18',i45

10,856
175,618
8,519,005
86,886

142,253
31,358
838,676
1,813,588
17,140

China, Qlass and
Barthenwarfr—

China
Karthsnware.

,

GlaBB

Glassware
OlasBplat*
Buttons
Coal, tons
Oocoa, bags.
Coffee, bags
Cotton, bales. ...
Drugs, Ac
Bark, PeruTlar.
Blea. powders..
Cochineal

Cream Tartar..
Qambittr
Gum, Arabic.

.

InfllBO

Madder

Opium
Soda, bi-carb.
Soda, sal

.

Soda ash

1,8M
9,749
2,789
403,706
6J7
6,698
4,516
685
115
6,741
704
1,184

188
7,007
386
6,477
6.695
9,378

cloth

Salr

Hemp, bales
Hides,

1,671

1,183
1,489

.

OannT

4,981
5,238
48,239
6,648

1,889
6,865
88.698
4,794
8,280
1,975
8.8'8
4,269
344,89*

448
6,634
6,849
1,771

876

Hides, dressed.
India rubber
Ivory
Jewelry,

Ac-

500
776

80,806

41,679

aro

400

987

1,68C

10,876
677

9,433
1,145

697

Watches

110
17«,V>9
9,884

Molasses

Spelter, lbs
Steel

Tlu, boxes
Tin slabs, lbs...
Rags
Sugar, hhds, tcs. A
bbls
Sugar, bxs A bags.

Tea

188
136,885
8,874

67,304
4.35,178

318,312

Wines
Wool, bales

10,687

884

947

:

;!S

u

:

:

•

•

:"
•

""ii

o

15,628
15,716
10,781

$360,660

$279,666

9,734
181,852
186,777

13,999
170,358
71,117

iie-ii-iSii S

g

78,399
607,800
288,768
18,530
611

14,669
13.660
17,664

•M

irr^a

9

.

<

W

:

.io

•©
fh

o«

:!2

.
.

:SSS=SiSSS
lo
0» «o ® ^ *

:

Sooo

:

'

:SS

:

Sg

Ac—

Spices,
Ca«8la

•

:3
-^

:
.

SS
fl«55

*

I

8(35

:i§;

'<BS^

;
:

Nuts

:

:iii5iSi^5::S||:Sg
«
CO
wo
" ?3

"o

value—

Raisins
Hides, undressed..
Rice

>-• "-•

•

**3

wt-vj"*** ^'»*s

.

p«8Sii
I

'2 •*-;

:
.

Articles rtperttd by

83,478
877,614
166,000
"434,716
1,763,896
31.000

48,525
445,065
804,455
353,393
8,687,670
38,649

35,108
31,888
196,858
83,738

83,064
16,820
131,160
17,525

88,559

51,688
9,549
7e,553
85,674

mjS

s
::•::::::
8/
;

i

'

^9

:r:

'"-"
§:§'

Ota

QlBger
Pepper
Saltpetre

Jewelry

Unseed

Lead, pigs

Ac-

Ac-

Bristles

Hardwaie
Iron. RR. bars...

6,393 Cigars
168 Corks
5,400 Fancy goeds
9.466 Fish
11,98* F.-uits,
8,371
Lemons
1,762
Oranges

'698

•«

:S«

Tobacco
Waste
69 Wines, Ac8,485
Champagne, bks.
751
9«1
318

35a5«»-t

•

Ac-

Cutlery

808

Oils, essential.
Oil. Olive

?lax
FurB.

Metals,

•
:•

{

:3

iS

ii

:

-SS

i

i

i

:

=

M!!i;!ii!iiiii

:

i

:

i

WoodsCork
Fustic

11,911

Logwood
Mahogany

207,588
18,715

Reoelpta o/ Domestic Prodnce.
rUe receipts of domestic produce since Jan. 1, 1878, and for the
same time in 1875, have been as follows

:3
'S

i

&S

:S

:

-.1

:

:

:s§

=

ii

:

:

-SSs

:

:

:sig

:

;2

r

:»

:

ii

i

iS

r

:*

••

isis-*! :$S.aSs 3i

:

Since
Jan.l,'7e

Ashes

pkgs.

1,3

bbls.

799,807

Same

Since

time 1875

Same

Jan.1,'76,

time 1875

118,104

7
63,358

1,591

Breadstnffs

Wheat

bash.

Com
Oats

Rye
Barley and malt.
tirasB seed.bftLCs.

Ueans
bble.
Peas
bunh.
C. meal ...bbls.
i'dtton

Hemp

bales.
baleB.

Hides

No.

flops

bales.
Leath,;r. .. sides.
Molasses. ...hhds.
Molasses.
bbls.
,

.

8.1^,299
8,481,815
1,567,306
27.7»2
1,094,^38
53,820
•311,18

394,(170

39,611
3«j.234

619
763,678
27,366
976,011

609,677
1,4:8,649
4,977,822
1,317,434
9,500
440,531
34.64b
17,869
95,484
41,657
194,270

Or. turp. ..bbls.
Spirits turpen...

pkgs

OU,lard
Peanuts

1,011

bags

Provisions
Batter ... .pkgs

Cheese
Cutmeats
BgKS
Pork
Beef

Lard
Lard

.

239 Rice
Starch....

.kegs
•pkgs.

698,661

4.429! Stearine.,

714,080

Sugar
Sugar

16,888

1,818
16,443

504.713
147,693
146,833
116,791
56,017
48,179
108,566
4,878
18,846
66,878

195,666
51,501
133,919
86,158
62,628
! 1,368
181,981
3.641
3,839
56,749

6,621

.bbls.
..hhds.

37
7,747
9.690
88.965

5,921
16,751
6.098
9,431

36i574

17,96.3

Tallow...
Tot>acco

pkgs.

SSO

Tobacco
Whiskey.

MMt.

:5,8n

•4,596

aeos

1,664
8,670

86,397

39,150
11. ^09
$1,686

48,189

50,191

.bbls.
bales.

Naral Stores—

Rosin
Tar

Pitch
Oil cake

Flour

8,867

.

Wool

M»4t/ Dressed Hogs .. No.

36,980

6,960
46,790

1^1

a"
4J

*«?0«
"3 '•

00

•=• ''^

m
:iS

i

•

:

:-»S

i

:

;i5|

:2'-*

•:

:

;|sgig=

j:'*

:fc

•

gg

S=»S?

.

MKNBHAL
PRICKS CUliKBNT.

&SHBS»

Pot

BUBADSTOFFS-Seetiieclal

».
report.

UaiLUINU .MA'LKltlALSCroton

3 iO

PlilladelpliU

fiii:lnK
.Kcri.mii-

C'«meBI— K
2.im0— Uucklantl, cuiumon

|i

ICockland, nnt^hing
/.uinAer— Soutliera pl-ie..*'
White pine box hoards

bUl.
bbl.

M

1

1

a

WtaUepinemorcban.box board*, u
"
4Ji
(71ear[)lne
Oak and ash
.. 38
Blackwiiluut

Sornce boards & planks
Hiimlock boards * planks
ATaibt— :O0<Od.com,ren ft sh.V keg
Olliich.lM to Sln.&longer

SdSna
Gutspikes.allsizes
F'ltrtf*— Lil.,wh.Aii.,pnre, tn on
Lead, wli. , Amer., pure dry

Zinc, wh.,Amer. dry. No.

«

9

tf

••

"

"

"

**

Duponf-

7«

V

Anthracite (by cargo)

U

30

1

@

IS
1«

"

ton.

uomingo

Montevideo,

30
il

California,

Costa Rica

COPPKK—

V

Bolts

Sheathing, new (overia oz;
Braziers' (over 18 oz.)

18 00

UOg
OOa

Matam. and Mex.

a
»

19

17

do

a a

25

17X8

19

a

16

^

32
31
32

Glycerine, American pure

do...

"

is"

"

9X0

4?M9

45

34

34

13

5 85
1 15

ton

Mackerel, No. 2, shore (new)
Mackerel, No. 2, Bay

FLAX-

North River, prime

9

4
26
20
Id
IS

V

Layer, new

15X
1 25

28
67

lb.

150
52
2 05

8X
6 CO
23 00

lOX

6

5

q
^
^

5X
15

5X

Ilua

y

case

14
e

V hi. box,
Sardines,* ar hoi
Macaroni, Italian
,^ ft
Domestic Dried—
Anpios.Hnuth. sliced, 1875 ttrop.Vl lb
do
Tenn., quarters
do
State, sliced
do quarters
do
do
Western, quarters
Peaches. pared, Ga. goo and prime
do unpared. halves and qrs

<l

I4j(:a

00
22

14"

"
**
"
"

"

wlndowglass.

bag
Western

cur.

OILS—

*

Cotton seed, crude

lox

Olive, in casks* gall
Linseed, casks and bblB
L.

I.

8X
lox

9

8X0
14
10

I

Blackberries , new
Raspberries, new

Z7

Cherries..

21

II

0"

'S'V
1<

12X

under Cotton.
135 00

Italian

^A

'•

260 00

**

7

"
"

20
68

85"

0215 00
0140 00
6215 00

4»<0

3X0

7X

i\
BX

23

1

60
48
20

70
55
90
I 06

^H

1

...

1

....

a

1

07

m

a
a

gal.

...

'iox

"

IS
....ra

"

....0

9X

PR0VIS10N8-

Fork, raesB
V
Fork, extra prime
Pork, prime mess
new
mess,
Beei, plain
Beef.extra mess. "
Beef hains. Western, nominal
Bacon, Cliy long clear

1

75

"

»

bbl

"
"
"

22 83
18 50

14X

«

22 99
19 UU
21 50
12 50
13 50
00
26 00'
...at
13
«t

.

*'

.

"

» ».

steam

"

U%'n

"

....0 I3-«iX

15X

8ALTIsl

6

*» ft.

"

V

100 ft.

*

5!li0
2 43 OS

6X

250

7X0

».

7X

^ bush

and

25
30

St. Martin's

V

sack.

perlOOIb.

gold
"

Livnrnooi .vsrioui sorts

8ALTPETRENitrate soda

2 90

12k

9* lb

5X0
....a

«X
2 75

SEED—
Clover, Western

Timothy

Hemp, foreign

V

Flax, American, rough
lilnaeed

CalenttaVMB koIo

V

tt. gold.

..cur.

....

42

7

Manila, superior to ex. snp.
N O.. refined to grocery grades

A

®

3.H|

7'<0

8

8

»x
7X

®

4

«

6<k0

7X

7X0
SX0

8

1^
•X

8»«
*K«
9X0
1
7X0
6X0
7X0
6X0
6K0

....

wx
§^
7X
PX
icv

V%»

10

10X0
10X0
V1M9

A

V

lOX
11

9X0
..
9X0
9X0

standard centnt...

'JX

>x
»x

8

9X0

crop.**

lugs, heavy, n.

"

"

l""'-

WOOL-

American XX
American, N>'S. 1 &
American, Combing

20

<<*

6
16
Mi
14
19

V"
2

No.l.Piillert
California. Spring ClipSuperior, unwashed

Medium

(•..

M

Smyrna. unwashed

To LlvRRPOol.

2742
a.

M

37

30

«
a

P3
89
25
£3

V.

«

f«

23
SO

.«
32

u

80
17

«i

•

gold.

n.

* a.
* bhl.

*
Com.blkAbga.
Oil

tun.
uu.
tee.

»hhi

.

.

I

9

0....

35

»..

37*

fS
S3
19

5X
«. rf.

X
i 3
IX 9

i

4">

hAlk.
If.

S35

7X4.

IB

62
47

SX»
.

,

X

...a
s

25
50

bags..

*

It.

25

40
S«
;u
40
30

» lb, gold, net
—stbaH.-

Sheet

FREIGHTS—

•25

1

311

Coarse
Borry
South Am. Merino, unwashed
Cape Good Hope, unwashed
Texas, fine. EsBtem
Texas, medium. Eastern

7
15
45
8

9

7X0

„i"

• •

&

:x

6X0

Seed leaf—New Eng. wrapperB'78...
fillert.'iS
do
Pennsylvania assorted lou. '73
Havana, com. to rtne
Manufac'd.ln bond, black work
"
" bright work

Wheat, bblK

.

6X0
im
1%»
>%»

*„»•

Cotton
Flour

•»

762K* 7(5

*
fair
do (i.ood refining
do prime, veflnlng
do ialrtogood grocery......
do ccntr.bhds. A bxs, Nos. 8013
*•
Molasses, hhds A 1>X8
Melado
Hav'a. Boi.n. s. Nob. i®9 ...
do 10012
do
do
do 13015
do
Jo
do 16018
do
lo
do l!<0!O
do
white
do
do
,.„
refining,
com. to prime,
Porto HIco,
grocerv. fair to cholc
do
Brazil, bags, D. a. Nos, 9011
Java, do. D.8., NO5.10S12

1
-

70
70 «
4 3

3 8

-«

Gunpow^der.

GUNPOWDER

lb.

bnah. 2

"4V9
50

....
....
1

Dupont's
SPORTING, SHIPPING AND MINING

POWDER.
DUPONT'S GUNPOWDER MILLS
(ESTABLISHED IN 1801
)

Have maintained

89

15X
2 79
1 90
1 60
I

87X

their great rcpntation for 75 years.

Manufacture the

.

RICECaroMna.falr to choice
Louisiana, good to prime
Rangoon, In bond.;. ..gold.
Patna

liiXa
40
'»

47
1

"

Crude
ton. 190 00

9*

40 50

'

"
"
•
"

Reflned,pure

gold. 22000 0225 OU

7V0

'•

*'

Crude. In bulk
Cases
Refined, standard white
Naphtha, City, bbis

TurkB
22
20

Plums...

V

•

Sound

PKTBOLEUM—

Lar<i, City

'.00

«X

92X0

'Julm.inl.to pom. rell?'"g ....* ».

rork

lOX

110
»"X

SDGAB-

Beel

65"

1

S 00
2 00
5 50
3 to

gal.

Hams. smoked

@
8X0
jO @

10

70U

2 25
2 37X
2 10

gold

Clty,

I 00

6V0

"

OAKUM— navy to best quality... V lb.
OIL CAKE-

Whale, Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Winter

20XO

"

26
32
33
40
40
45
50
58

* bW. 2iaxa

Neatstoot
Whale, bleached winter

3 25'

22
29
30
30
38
35
40
46

"
2 29
"
Pitch, city
3S
* gal.
Spirits turpentine
Rosin, strained to good strd.V bhl. I 60
*'
low No. 1 to good No. X "
3 12X9
" low No. 2 to good No. 2 "
1 73
'*
3 75 «
low pale to extra pale.. "

Menhaden, prime

Foreign
Domestic

Heavy goods. .* ton

..

14X0
lOka

Prunes, Tiirklsll
do
French, new
IDates.ncw

Cuba, centrifugal and mixed.* gal.
"
Cuba, clayed
*

••

75

n'oo

2 45*0
2 75

per

25
25
25
27

32

Tar, Washington
Tar, Wilmington

5

FKCIT—
Loose Muscatel, new

22
?2
22
26
31

m.&l

Cuba, Mns., refining grades..
do
do grocery grades.
Barbadoes
Demerara
Porto Rico
N. O., com. to choice new....

SPKLTKR-

"

Ti

103

stems

Kentucky

nn

S

Cloves...

TOBACCO-

@

W

Extra, pulled

26

8

ualslus, Seedless, new.per 501b. frail

12X

81

29

©

"

7

Texas, crop.

(^

50
00
OO
00
OO

7 00
6 50

Oak. rough

49

1

67 00

83
29

20

11

38

15

ft

tilde, h.,

NAVAL STORBS-

I2H3

®13000

MOLASSES-

'"o"' Pncea.

,

rough

28

W

.
and „
Grand o
Bank cod.pcwt
Mackerel, No. 1. shore (new) pr. bbl
Mackerel, No. 1, Bay

comm'n

....w,
14 (a

Mace
Nulmegs, Batavla and Pcnang
Pimento, Jamaica
do

^ 37X
» 25
5 00

,i

23
V3
:0

Prime city,
Western

9X0

d
&
lOXa
30 9
25 ^

\^q

4

gold
•"

**

»llb,sol0

TALLOW-

..* ft.

"

75

(;alcutta

oif
df
dcr
White extra C
do
Yellow
Other Yellow
...
....
....

65 00

Slaughter crop

^

Hnd

cur.
l)i ifolrt.

23 00
21 00
20 00
28 30

75 00

100 lbs,

Pepper, BatavU
SluKapore
do
white
do
ijassia, China Mgnea
Batavla
do
Ginger Alrluan

Soft white,

9X3

Hemlock, Buen, A'res,h.,m.<tl.VIb.
"
California, h., m. A 1

17

«i^^

«

•A

13

LEATHER—

a
9

S^d
eva

a

9

,

#

4

Re/ln«<l— Hard, crushed
Hard, powderei
do granulaieil
do cut loat

13

*

Sheet

S

21/

PruBslate potash, yellow. Am. .cur.
i'
Quicksilver
gold.
65
julnlne
cnr. 2 20
"
Khubarb, China, good to pr
Sal soda, Newcastle. .V 100 lb, jrold 145
Shell Lac
s«.
lb.
38
Soda asb, ord. to good.lR 100 lb. gold 1 92X0
Sugar of lead, white
%i Tb,
17X0
Tltrlol, bine. common
8

Amerlcan dressed
America!, undressed
Uussia, clean

"

Domestic
Bar

&

Oil vitriol (66 Brimstone)

0UNKIH8— soe rnport
H-CMP AND JdTE-

—

12
15

•*
do....
California,
do.,,, cnr.
Texas,
A. /.«(ooifc— Calcutta Blaught... gold
•'
Calcutta, dead green
••
Calcutta buffalo

OrdlnarytorelEn

4 25
16
15X3
I
8T>5« 1 95
34 00
31 5U
S><i3
ig
27
(^
7U
4 20
4 25
22
2\X<i
4S
53
4

•*

Sardines,

"

LEAD-

27X0

'*

Madder, Dutch
Madder, French
Nutgttlls.blne \lepno

Flgs.new
Canton (dinger

*'

"

Hoop

16

Jalap
gold
Licorice paste, Calahrla..
cur.
Licorice paste. Sicily
Licorice paste. Spanish, solid., .gold

Sultana, new
to Valencia, new
Currants, new
Citron, Leghorr, new

.

So....

V

a
12X^
50

,

12
Sheet, Russia. as to aBBort.. gold l^lb
'.'.J<@
I*
Sheet, single, double* treble, com.
4X0
45 00
Ralls, Amer., at Works in Pa.. .car. 43 OS

a

2X9
e

lb.

cm.
*•

&ineeng

,

"

do
do

pig, American, No. I
Pig, American, No. 'i
Pig, American, Forge
Pig, Scotcn

20"

I9H«»

_ 3? 50
Store Prtcet,
Bar,Swedes,ordlnary8lze8..V ton.ldO 00
70
00
Scroll
0120 00

13

lb.

refined

H

IS

a

«

"

Pernambuco,

lRO^-

18X

17X«
16
17

Castor oil, B.l.lnboud. Vi;al..gold
"
%* iro n.
Caustic aoda
•*
^Ib
Chlorate potash
"
Cochineal .Honduras
•
Cochineal. Mexican
Cream tartar, prime Am. & Fr, "
Cnhebs, Kast India
gold.
Ctttcb
"
ft 100 lb.
aambler.

bon

IS

19 X
19

"

...

l&2Cotugoun

61X1

...

5

4

SPICKS—

do

5 90

-

20X

19

"

do....
ir«(i^ai(«4— Buen. Ay.selected

HM

22

"

Chill,

SavanlUa,
Bahla,

15X
16X

17X0

—
—
—

as Ihcy run

Para,

1»X9

e

isxa

Steel rails

Alam, lump

(In

11

15

ArgolB, crude
gold.
"
Argols, refined
"
Arsenic, powdered
Bicarb. soda, Newcastle. IPlOOIb ••
*<Ibcur.
Blchro. potash
Bleaching powder
V loo lb.
BrlmBtone.crude. per ton
gold
ft ft.
Brimstone, Am. roll

—

13

9>ta

22

COTTON— See special report.
DROOS * DYKS—

Opium. Turkey

iDia

10
20
19

"'

2

Tsatlee. re-reeled
Taysiiain, No. 1
Canton, re-reeled No.

Lb 6.

18,

"Id

75
4 75
4

30

"

do....
Bahla,
Orj/ iSa^ed— Maracalbo, do. . .

<4

American Ingot, Lake

Jfte

do
do

2 62
4 75

«

"

do....
do....
do....

2 62

75

HIDKSBTB- Buenos Ayres,8elected.l(iftgold
Bio Grande,
Orinoco,

003 (00

"
"
"

gold.
gold.
gold.

aavanlUa

Sisal

kegs

Viaitt

40
33

9
10

.

Manila

rifle In 'iSB

HAY-

Corrlentes,
22
ti

Llrerpoolgae cannel
Liverpool house cannel
OOFFIElt
Klo, ord. car. 60 days and gold, fi ft.
do
gold. ••
do fair,
**
do
fEold.
do good,
"
.. ...gold.
do prime, do
gold. "
Java.mats and bags
•'
K'>iu
Native Ceylon
gold. "
Maracalbo
*•
goid
Laguayra

'

FKg, FFKg. liXB k«gs

Shlop'r.ff

....0

lb

Western, good to prime

COAL—

do
Ao
do

rifle,

Hazard's Ke .tucky rllK', FFFg. KFg, and Sea
Shooting Kg, V.'X lb kces
Orang r fle. Kg. fltg. FKirg. 25B kens
Hoz«r I's Kentucky rifle, Fg, PFg, FFFg, 251b
kegs

Maracalbo,

State factory, fair to ^ood,%l

''!,^''~
(Jeorge's

.

1

Dupont'

11K0

•
••

1

S2 00
18 DO
21 00
55 00
4C 00
!0 00
ii 00
20 00
3 CO
S 50

7

Half firkins CWest'n)

1

10 X

1

tubs,

Camphor

7 00

?» lb

Welsh tubs

St.

3
@
a
»
»

CHKKSK—
New

a

4 7"
) i5
3 25

Zlncwh.. Amer..No.t,lnn1t
Parlswhlte.EnK. prime EoldfilOOD
BUTTKK-CWholeaale Prices)—
Half Iirkni8(Kii8t'n; com tosel.9) lb.
*'

@

00"
"
00
00
75 OO
18 00
16 00
2 85

SOU

m

flii

40
UO
1 33
leet. ao Jo
15 90

^

|2 50

Ill

Elcctrlo. Sob. 1 to 5 grain. In 1 lb sq. cans
I 0>)
I'lamond griiln. In lib cans
1(0
lib cans
draiige lightning, Sos. I tj 7,
1 110
7o
Supcrtl le eaifU- sporllni:. In lib oval i-ans
Ami'ri an sporting. In lib oval cans
70
70
OfrtiiKC ducking. Nub. 1 to 5. in lib cans ...
lia, ksh .otlng.N' s. 1 tj5,ln(iX1b kcirs
3 44
Hhootlng,
No-i.
to
in
lb
3.
kegs 3 41
Eaz'C duck
6X
Orange ducking. Noh. to 5. lu 6i. lb. kegs
3 44
Kagle luck snooting, Noi. 1 to 3. 12XIb kegs, a 83
Duck Shootin«, .NOB. I to 5 gr., 12Xlbs
6 8S
Hazar i's Ke-'tucky r.fle, in -'val lib cans
45
4.i
Dopon 'srltle Kg. FhV, FFFg. I» cai.s
Duponfs rifle, FKg. FH'Fg, 6klbB
^45
Kentuckv
rifle.
FFFg,
FKg,
Hazard's
and Sea
Shoot ng Kg. exib kegs
145

....

& 14 Ou
a W
a 150
9
a

'28 i>0

T8atlec,Nos.l4

ftO.

2Mb kegs
do
do
SPORTING.

any size grain.

Sallpetre

ei

ou

il

a.

.

»

SILK-

BLASTIXO rOB RAILROADS,

3>

.

[Maich

GUNPOWDER—

»

5

M

/JrictM— Uoaimon nard,iilloat..v

Welsh

.

THE CHKONICLE

288
«

:

Celebrated

EAOLE DIJCKINO,

EAOLiE RIFLE, and
DIAMOIND GRAIN POVTDER.
The most Popular Powder

in Use.

A-so,

SPORTING, MINING, SHIPPING AND BLAST
ING

POWDEK,

Of all kinds anil descriptions.
For sale in all parts of the country.
by

Represented

F. L. Kneeland,
TO XT mil Street, TfK'W

YOHK.

March 18,

THE CHKOKICLE.

1876.]

Oommeroial Cardi.

Commeroial C&rds.

&

John Dwight

Co.

George A. Clark

&

FinaaolaL

Bro.

MANUFACTITRBRS OP

SODA.
New
Trade

ONLY

NEW

ANU

iniI.YYARD>S HELIX
337 and 330 Canal

NEW

Vokohaina aud HIoko, Japan.

Provident Savings Life
Assurance Society,

NEEDLES.
atreet,

YORK.

WESTERN UNION BUILDING,

Financial.

NEW

UKPKBSBNTBD BV

W

CORIilBS,

.

New

G. Arnold

B.

Henry

York.

&

S.

&

King

Co.,

RANKERS,

Co.,

FReNT STREET,
MPORTKRS AND DEALERS

CIRCULAR NOTES

In all parts

Grant

m

COFFEES AND TEAS.

JEWELL,HARRISON
& COMPANY.
PURE LARD PACKED FOR
ALE CLIMATES.
AND MANUFACTUKKK

against

for nse

Execute Orders on the London Stock Kxcbange.
Collections on

all

Points,

Receive, Deposit

and Current Accounts on favorable tenns.aud do a
General Loudon and Foreign Uanklug Business.

KING, RAILLIE

Sc

NKW YORK
ineesrs.

CO., Liverpool.

AGENTS,

WARD, CAITIPRELL &

CO.

OF LAUD OIL 4 D STEABINK.
K8TABLI8HKD

Mayhew &

LB.

F.

Co.,

Adeer>* TYbarf, Cbarleiiton.

Foochow A

St.,

New

York.

on

alt

And all kinds of
COTTON CAHVAi-, FKLTINO DOCK, CAR COVE.H
INU, BAOGINO, RAVENS DUCK, SAIL TWINES
*C. " ONTARIO" SEAMLESS BAU8,
"AWNING BTKIPE8."
Also, A^entB

hU Wldtlit and colora always

In etock.

Nn. 109 Dnane Street.

E.R.Mudge,Sawyer&Co
AGENTS FOR
Wanlilnuton miiU,

N. T.

Brooklyn

Co.,
Co.,
Ellerton New inilU,

48

*

.Iff:;

TfHTg

Co.

NEW YORK.
45

J

X

BOSTON.
Wbitx Btbkt.
15 Cbaunoiy
PHILADKLPHIA,
W. DAYTON, aO CEKSTMUT Stuxt.

St.

OTIS,

'

EXCHANGE PLACE,

and Gas Stocks,

Beers, Jr.,

Specialty for 19 Years.

Stocks,

See nnotatlona of

**

Local Securities*

In this

paper

Misoellaueous

WALL STREET.

Dealer In Railroad and Investment Stocks and Bond*

MEN AND IDIOMS OF WALL STREET
Is a new Ti page hook giving the highest and lowest
prices of stocks for 15 years, complete list of defaulted
railroads. Black l-'rlday, sketches of leading oreratois, and the method of dealing on small sums of
money. Copies sent free to any address. Oroers for
stocks and tto'k privileges executed by mall and tule.
graph, colipcttons made, money Invested, and infer

JOHN HICKLING &
Bankers and Brokers,

7i

CO.,

BROADWAY,

N, Y.

103 FnltOB

St.,

J»hu

HEVRY HOK.

SELLBtr,

New York.

Flae Cylinder and Roll Desks a Specialtr.

MANUFACTURERS' WARRUOU8B,

JONEPH GILLOTT
street.

SoT.B

Sc

SONS

New York.

Aamrr

"

Banks, Bankers and Insurance Companies
T. O,

STEEL PENS.
HI

wishing to purchase OFFICE FURNITURE, will And
a tine assortment, at prices to salt the times, at the
eitabllahment of

Woolen

Saratoga Victory

47

City Railroad

mation g en by

United States Rantlntc Companj.

Chicopee

'

GAS STOCKS,

COTTONSAILDUCK

BiirliiiKtoii

Sell on Commlss'.on American Securities
Holland and other Conlluenial Markets.
Coll ctlons throMghoQt the Continent ot
Europe.
Make Payments on Letters of Credit to Travelera
and transact a geueral American Banking Busltess.
Refer by special permission to Messrs. Blake
Brothers &. Co., Boston and New 1 ork, and to Messrs
S. & W. Welsh, Philadelphia.

CHARLES

SPECIAL PARTNER.
Rerlin.

i

full Buppljr

AMSTERDAM, HOLLAND
Buy and

principal cities of Europe.

Co.,

Manufucturera aud Dealers n

A

Co.

AND

of Credit

DEUTSCHE BANK,

Brinckerhoff, Turner

&

35 Rroad Street, Nevir York.
Make Telegraphic Money Transfers.
Draw Bills of Exchange and laaue Letters

Co., of China,

Wall

Lichtenstein,
BANKERS,

Co.,

Represented by
Iil4

&

conimissiON iuerchants,

Mak

&

S. C.

Canton, Cblna

OI.YPUANT &

Boissevain
R AN K E R S

In

Knoblauch

COMiaiSSION MERCHANTS,
Slianslial,

VIce-Pres't and Actuary

Adolph

Dauka, and will be allowed Interest on dally balances
^cording to the nature of the accuunt.
Orders for the purchase and sale of stocks, bonds
uid gold win receive from us, personally, prompt and
.areful attention. P. O. Box 2.647,
w. Tba^i
U. w. MoL«i.i.ah, Je.
A. M. Kidder.

Orleans.

Olyphant &
Hone KouK,

WALL STREET, NEW YORK.

Sons,

New York.

New

4

President.

.

RI CE!!!

16 CoutI Street,

medical examination.
These Plans are indorsed by leading Actuaries
and State Commissioners, and also by the ** Society
for the Promotion of Life Insurance among Clergymen," James Brown, President; Howard Potter,

("ersons keeping accounts with ns (currency or gold*
.nay deposit and draw as they please s^me as with ciij

nse.

WAX AND BEESWAX

100 Wall Street,

dalnu
and erpemes of managemerU, each year tiy ittdf, renewabte at the close of any year without further

WESTERN UNION BUILDING, NEW YORK!
GEORGE WALKER, SHEPPARD HOMANS,

Ca^ Co.
BANKERS,

PATENT SPERM, PAEAFFINE, ADAMANTINE, HOTEL AND

Dan Talmage's

PROTECTION OF LIFE

at actual current cost for death

.4KSURANCK SOCIETY,

OILS— SPERM, WHALB, ELEPHANT & LARD.

Tl!

will furnish the

it

ASSURANCE

For Plans, Rates, and Full Particolars apply to

C!A1\DI,I<.S— SPERM,

OILS,

cash; or

THE PROVIDENT SAVINGS LIFE

Street,
MANCyAOTURERS OF

PARAFFINS

This Society, therefore, wlU either Inme policies
on the payment of uniform snnosl premiums, guaranteHng aspeelfleU surrender ixUue for every year in

YORK.

140 Front

RAILROAD.
For Export and Home

PoUey-hoider at owner

the Reserve.

Treasurer.

NEW

1841.

YORK.

Capital, yiliM.OOO,

ThU Society recognizes Uie
i)f

COMMERCIAL CREDITS

Caiiii

Invented in U. 8. Five-Twenty Bonds.

free oj c\arge, hyMi\>\e

of the world.

ConalRnments of Merchandise.

Make

Guaranty

T7U» Society teparatfi the Inmrance Part of tht
I'remium from the Betem or Dtimrtt Part, wbtcb
latter Is held merely for accumulatios.

45 Pall inall. Louden, England.
Issue

I&fi

fliOVi-lON DEALEB!<

till

THE

Supplied

U«M Pine Street.

!

you have examined
deviaed by SiikrrABD IIomanb

the
PLANS
Actuary, for

York.

Smith, Baker & Co.,
com ni I S8I ON aierohants
B.

ASSURANCE

IN LIFE

Do not Atmrt your Life

No. II Old Slip,
J oooiue

as yon «•, get what r«a k«Tt
•top when jrou choose.**

COMMON SENSE AND FAIR PLAT

SUPER-CARBONATE

'J'he

Par

•'

Harrison, Bradford
STEEL PENS.

& Co

No. SOS,
FALCON, Noa. 20. 38, ti, 1, etc.
EMBRACINO EVERY STYLE AND FINISH. .
Mew York. ..'^
X T5 Jotam Street,

«
VHE GHROMGLR
Ocean Steamships.

Railroad Material,

ONLY

NEW YORK AND

OFFICB or TQS

Pascal Iron TTorka, Ptalladelplila,
Delairare Iron Co., Newcaatle, Del.

Qeneral Transatlantic Company's
Mail Steamsliipg,

Calling at

Co.,

LIMITED.

Direct Line to France.
riie

Insnranoe.

&.c.

&

Morris, Tasker

LMaica 18, 1876.

1IANDPACT7RXB8 07

ATLANTIC

LAP-WELDKD AMERICAN CHARCOAL

IRON BOILER TUBES.

H.VVMK,

WROUGHT IRON TUBES * FITTINGS
of every description, for Gas, Steam, Water and
Oil; Steam ana Gas Fitters' Supplies. Machinery

Plymouth for the lundlDg of Faeaengeis

Tbe BplentUd veiseU oa this favorite route for the
CODtlnent. (being more sontherlv than anv other,)
will sail from Fler No. SO North Blrer, an folluwa
Saturday, April I
LABKADOK, S&ngller
Saturday, AprlllS
AMERIOUE. Pouzols
Saturday, Aprlia
FIANCE, Trudellc ,.
PKICK OF PASSAGE IN GDLU (Including wine.)
First cabin, f 120 and tlio.ac' ordtng to accommoda,
tlon. Second cabin. tTi. Third, $40.

for Coal

:

Gas Works. Cast Iron Water
and Gas Pipe.

IMPROVED SUGAK MACHINERY, Ac,

Mutual

&c.

309 Soulb Tblrd St., Philadilpb'a.
OFFlCiS AND WAREHOUSIS:
No. IS GOLD STREET, NEW YOKK..
No. 36 OI.IVEK ST., BOSTON.

Itctuni tickets at reduced rates.

PHELPS,DODGE & Co

LOUIS DE BEBIAN,
Agent, 5 5 Broadiray^.

CLIFF STREET,

Nsw York, Jan. 14, 1876.
The Trustees, in conformity to the Charter of the
Company, submit the following Statement o( Itt
ou the 3l8t December, 1876
Premiums received on Marine Risks,

aflairs

Premiums on

'or Liverpool,

IMPORTERS AND DEALERS IN

(TIa <taeenBtouru)

OAKBIINQ THB UNITED STATES MAIL.
No.

46

March

WTOMING
NEVADA
MONTANA

April
April
April
April

IDAHO

as follows

21, at 2:80

at
at
at
25, at
4,

11,
18,

&

Tin
:

P.M.

2 P.
3
I

3

No

M.

P.M.
P.

Roofing

Plates,

OF ALL SIZES AND KINDS.

PIG TIN, RUSSIA SHEET IRON,

M.

P. M.

RATES FOR PASSENGERS BEDDCED.

CHARCOAL AND COMMON SHEET IROF,

Steerage, $26; Intermediate, tlO; Cabin, $65 to fSO,
accordlui; to state room. Steerag*^ ofllce. No. 29 Broad-

LEAD, SBEKT ZINC, CUPPEB,

way. General

otttcts.

No.

Wall street.

63

WILLIAnS

dc

Spelter, Solder,

GTTION.

Antimony,

Ic.

MANOFACTUBERS OF

CuNARD

Line.

COPPER, BRASS AND WIRE.
70HK

i3»"N0TICK.— with the view of diminishing the
chances of collision, the steamers of this line take a
specified course tor all seasons of the year.
On the Outward Passage fr.. in Qneenstown to New
Vork or Huston, crossing Meridian of 50 at 43 Lat., or
nothing to the Nortii of 43. On the Homeward Passage, crossing the Meridian of 50 at 42 Lat., or nothing
to the North of 42.

S.

KKNNSDT. BBHBT

J.

41

CEDXr, cor. WILLIAM

New

BKTWBBN NEW YORK AND LIVERPOOL,
CALLING AT CORE HARBOR.
TBOMMEWTOKK.

1

Abyssinia... Wed.. April 26

Algeria

Wed., April

China

Wed., April

5
12
19

Scyihia
•Scotia

York.

CHAS. G.

FRANCKLYN

IKON an

All huslQess relating to the Construction and Equfr

mentof Raflroads unlertaken.

WU. BOBDKN.

L. N.

Borden

Agent.

&

TO

&

SSION
71 ireat

LOTKLL

Lovell,

mERCHANTS
St.,

New fork,

NAILS. BANDS, HOOPS

April JO
Superior &rst.clasi passenger accommodation.
PIM, FOBWOOu & CO., Agents,
Mo. 56 Wall Street

AND

Stonlngton Steamship

Reduction of Fare

We

NEW YORK and PROVIDENCE to $3
NEW Y'ORK and BOSTON to $4.

Line.
P.M.

at
at

U W. FILKINS, Oeaend Fsn. AgenU

on and

after

be redeemed and paid to the holders thereof,
on and after Tuesday,
the Ist of February next, from which date all interest thereon will cease. The certificates to be produced at the time of payment, and cancelled. Upon
certiflcatc.s which were issued for gold premiums,
the payment of interest and redemption will be in
gold.

A Dividend

of FortF Per Cent,

is de-

on Ihc net earned premiums of the Company
for the year ending 31st December, 1875, for which
certificates will be issued ou and after Tuesday,

clared

J.

the Board,

U. CHAPRIAN, Secretary.

J. D. Jones,

Gordon W. Bumliam,

Charles Dennis,

Frederick Channcey,
Charles P. Burdett,
Francis Skiddy,
Robert B. Hintnrn,
Chutes H. Marshall,
George W. Lane,

Jarae:" Bryce,

deal in all kinds of

new

Printing Materials

8c

Co.,

No. 13 Cliambers Street, N. V.
oiax,

.\loore.

keep on band the largest stock of

Geo. Bruce's Son
N.

n. IL

Charles H. Russell,

We also

at 319 Ij roadway.
(direct).

P.M.

the outstanding
be paid to tbe holders

or the T legal rcpresenlAtivcs,

TO PRINTERS.
n America, assorted for English, French, Spanish.
and Portuguese, which we sell in lots to suit purchasers, at low prices for cash.

PROVIDENCE LINE

Steamships ELECTRA and GALATEA leave Pier
27. N. R., foot Of Park Place, dally (except Boudaya) at
Direct connection to Worcester and points beyond.
Freights via either line taken at lowest rates.
D. S. BABCOCK, President.

50
40

February text.

Henry Coit,
Lewis Curtis,

,

4:30

92

TRUSTEES.

PRINTING TITPBS

FOR PROVIDENCE. NEWPORT AND BOSTON.
The elegant steamers RHODE ISLAND. NARRAGANSET'f and Si ONlNOTON, leave Pier 83, N. R
Westcott Express Co. and

00
00

will

W.

Boston.

offices of

Tttesilay, the Ist of

CO..

FALL RIVER LINE STEAMERS.

Company, betnreen Neiv York and

5

00

$16,019,910 82

thereof, or their legal representatives,

R0D8.I

Miscellaneous.

Through tickets to principal New Emiland points
RR. depots and ticket offices. Stale- Koonis secured

following Assets, viz.:

cortillcatcs of profits will

By order of

OLD COLONY STEAMBOAT

ATLAS

loot of Jay-at.. dally (except Sundays), at

Ixas tfaa

FALL RIVER IRON WORKS COM'Y

March"
ANDES...
,
March
r= For KINGSTON (JAMAICA) and HAYTI, tf
tXARIUKL
March 3D

Stonington

Tbe Company

CUMBERLAND COALS.

ETNA

Between
Between

;

United States and State of New York
Slock, City, Bank, and other Stocks.$IO,314,940
Loam secured by Stocks, and otherwise
2,5*4,200
Real Estate and Bonds and Mortgages
267,000
Interest, and tfnndry Notes and Claims
due the Company, estimated at
454,037
Prcminm Notes and Bills Receivable.
2,076,360
Cash in Bank
363,402

BORDEN MINING COMPANY,

For HAYTI. COLOMBIA. ISTHMUS OF PANAMA.
and SOUTH PACIFIC PORTS (via Aapmwall).

Ac

upon

nor upon Fire diiconuectcd with Marine Risks.
Premiums marked off from Ist January, 1875, to Slst December, 1875 ... $6,133,134 68
Losses paid dnrln;^ tbe
same period
$2,712,058 05
Retarns of Premiums and
Expenses. .$1,217,417 36

AGENTS FOR

FlI8^cla8s, full-powei-ed, Iron screw steamers, from
Pier No. "il. North River.

Providence

$3,295,394 75

the 4lb of April next.

Atlas Mail Line
BI-MONTHLT SERVICE TO JAMAICA, HAYTI,
COLOMBIA and ASPINWALL, and to PANAMA and
SOUTH PACIFIC PORTS (via Aaplnwall.)

8,455,372 87

amount of Marine Premtoms..

Tlie outstanding certificates of the issue of 1872

STEEL RAILS.

I

off

Six Per Cent Interest on

of JOHK8TOWN, Pa.» for the sale of their

OOrain

marked

Total amount of Assets

CAAtBKlA IHON COITIPANY

Building.

$5,840,031 83

Policies not

Policies have been issaed

ST..

I

Ratbb op PAS8A6B.— Cabin, tSO, »10O ..r.d 1130 gold,
according to accommodation. Tick ts to Paris, |15
gold, additional. Return tickets on favorable terms.
Steerage tickets to and Irom all parts of Europe at
very low rates.
Through bills of lading given for Belfast, Glasgow,
Havre, Antwerp and other parts on the Continent
and for Mediterranean ports. For freight and cabin
passage apply at the Company's office. No, 4 Bowling
Green; for steerage passage, at 111 Broadway, Trinity

De-

.

Agents of the

Wed., May 3
Wed., May 10
Wed., May IT
Bothnia
Wed., May 24
othnla ...Wed., April
And every following Wednesday and Saturday from
York.
Kew
Steamers marked * do not carry steerage passengers.

Wed.,Mch.29 -RusBla

Java

BABXI

Co.,

Buy and sell Kailroad Inreetment Secnrlttei.
tect Coupons and Dividends. Negotiate Loans
draw Bills of Exchange on London.

rSOUNRWTOBK.

I

S.

&

BANKJBRS AND ]VI£RCHANXS,

THB BRITISH AND NORTH AMBRCAM KOTAL
MAIL STEAMSHIPS,

Abyssinia ..Wed., Mch. 22

JOHN

M, BAKKB.

Kennedy

S.

187!, to 31st

January, 1ST5

Total

Life Kisks

.

NORTH UIVEB,

WISCONSIN

Neiv York.

Between John and Fulton,

;

Irom 1st January,
c.mber, 1BT5
iBt

TC ESD AY

Co*

offS'e.

StecraKC, f26, with superior accommodation ano
IncludlDK all necessaries, without extra ch;irge.
Steamers marked thug * do not carry steerage pal
sengers.

LEATINQ PIBB

Insurance

B—The Stock and Bond

Tables of the Commkb
AND FiKANOi AL Chbontolb, published In a sup-

plement to that paper, on the last Saturday of each
Month, and occupying twenty-seven pages, are set In
Patent flgurer
emce's Nonparlel, No. 13, with th

tad Fractions.

,.

z^

Lowell Ilolbrook,
David Lane,

Robert L. Stuart,
James G. De Forest,

Dani'il S. Miller,

Alexander V. Blake,

Williim Sturgis,

Charles D. Levericb,

Josiah O. Low,
William E. Dodge,

AdolpU Lemoyne,

Royal Piielps.
Thomas F. Youngs,

Horace Gray,

Edmund W.

Hand,
James Low,
John D. Hewlett,

John Elliott,
Samuel Hutchinson,
William H. Webb.

C. A.

J.

Adam

T. Sackett,
Corlles,

D. JONES, President.

CHARLES DENNIS, Vice-President
W. B. H. MOOBE, 2d Vice Preaidwi-

>

Match

CHKuNlCLK

raii

18, 1876.]

Cotton.

Insurance.
.

ano.

Insurance Company

AND

No. 39

Steamers to Europe.
Agencies in all the Principal Cities In the U.

Box

(P. O.

S.

New York.
mads on Constgnmeots

Co.,

Ins.

New York.
NLWOASB, UOSBNUElM ACO.,

Bennet,

COTTON FACTORS

131 Pearl Street,

St.,

New York.

.......

Total
Orou
York,

$10,000,000
3,T0O,000
13,300,000

Aaieti beld by Board of

W.

&

C. Watts

Co.,

31 RroKrn'a Rulldlnsa,

ll,<(W,OtU.

The CompaDy's actual loaaes by Chicago conllaKra
tlou In imi were (1,743,457 81.
The Company's actual losses by Boston conflaarallon In XWi were $503,680 46.
Vet the Company paid these losses at sight wtthou
borrowing >r selling a single dollar of permanent In*
vestments, continued regular dividends to their
stockholders, and at the end ol l!n3 had entirely made
up (not In this country, however), the losses or these
two conflagrations and all ethers, commencing 1874
with a surplus over $100,000 larger than ever before.
Annual Income of Fire Department alone over
$4JXX),(XH).

—the

Fire and Life Assets entirely disSlnct

The Company organized A. D.

business in this country A. O. 1867.
Agencies in most of the prluclpa cltlea and tcvni
in the United States.

EZRA WHITE,

COTTON

street.

New

WATTS &

and Messrs. D. A.

Tjric,

Co., 91

OIVKN *

SON, 64 Baronne

Street,

Orders to purchase Cotton In our market soilolted

coiniaissiON

and

COTTON BUYER,

9T Poarl Street,
YORK.

Ukfkk

Peet,

BANKERS AND COMMISSION MERCHANTS

6S

Bailey,
Dealer in

Fire

and marine Inanrance atock
and Scrip

"SPECIALITY."
Cash paid
will

at

once

for the

above Secaritles ; or the

be sold on coramn«ion. at sellers option

Cotton.

B.

R. Smith

Bills of

Co.,

COTTON
44 BROAD STREET, BOSTON,
AKD

New York.

Llbwai advaDcea made on conidgnmeQts. Prompt
penonal attention paid to the execution of orders for
ibe purchaae or aale of contractg tor future delivery

Walsh, Thomson

&

CO.,

HALTIinORK.
Kremelberg, Schaefer
NEW ORLEANS.

MANUFACTURERS OF
tc

&

&

TARRED

CORDAGE,
FOR EXPORT AND

DOKIESTIC USE

UANUS or KiaOINC MADE TO OKDRK.
192 FRONT STREET NEW YORK.

New York.

ooninissioN iherohants,
63 EXCHANQB PLACB,

Co.,

Cotton Ties.
SOUC AGENCY IN

NEW YORK FOB THE SALE

DE JERSEY & CO.

Wm.

M. SW^BNSON,
80 WaU St., yew York.

H. Tileston

&

Co.,

COTTON BUYKKS * COMMISSION MKRCHANT8
60 Ktone Street, Neiv York.
Orders

in

Futures executed at N. V. Cotton Exchange.

The} bave a world- vide reputation and a superiority
OTet all othsrs for baline Uay, Cotton, liags and all
otlitirkluis of material. For price lUt and ful Informatlcu call on or address tbe manufacturers

1NOERSOI<I«
aBfiU^FOlKT

9c

BAL8TON,

(City of

BrooUyn). U, I

oottok oonsiohkd to

aiDTasioaB icaDK ttpom

niean-B. J. N.

REACH &

Co.,

LrVKRPOOL.

Williams, Birnie

&

Co.,

COMMISSION MERCHANTS,
65 Beaver St. tc 20 Excbance Place,
GEO. W. WILLIAMS & CO., ]
8ankers
& Commission Merchants, >
NEW YORK,
OHARLK8TON,

6. 0.

I

Liberal advances made on conslffumenti of Cotton.
Orders executed at the Cotton Kxcnanve for the purchase and sale of contracts for future deliverr.

OYER

6,000 SOLD OF
INGERSOLL'S
Hi JJD AND HOBSE-POWER PRESSES

Co.,

oomniissioN hibrchants.

UANUFAOTtTBKD BY

8.

&

E. Rogers

19 Sooth William street,
NEW YORK,

TIE,

"The American Cotton-Tie Companj"

YORK.

BOUSSS Br

or TBI

CELEBRATED "ARROW"

NSW

nancheater and LlTerpooI.

Co.,

LOUISVILLE, KY.

Co.,

Henry Lawrence & Sons,

Co.,

Knoop, Hanemann & Co

COmiVISSION niERCUANTS.

COTTON BROKERS,

MANILA, SISAL, JUTE

BANK, LONDON

PARIS.

LIVERPOOL. ENOLAND.

SOUTH WILLIAM « 65 STONE STREETS,
New York.

33 Naaaaa Street,

Special atten

Kremelberg & Co.,
NEW YORK.
D.
Kremelberg
& Co.,
J.

oomncissioN rierciiants,
125 Pearl Street,

Exchange on the CIT7

HOTTBNGUEB &

Kremelberg

&

&

Adams

tlon paid to pu: chases or sales of " Cotton futures.

and

IVALL STREET

Eakin,

Ban, NasBnUia

BANKERS AND COMMISSION MERCHANTS,

York.

Advances made on Consignments.

E. S.

NCa.-Pin'r-MiTioirxt.

WALL STREET,
New

Tenneaace.

NaaliTllle,

NEW

No. 58

_^_____

Irvine K. Chase,

COTTON MERCHANTS,

Robb &

NORTON SLAUGHTER * CO

Refer lo Messrs.
York.

Edward H.Skinker& Co.

I

CHA8. E. WHITE, VManageit.
SAM. P. BLAQDEN, I

VICKSBDRli, miss.

New

New Orleans.

Eggleston,

Cotton Factora,

Advances made on couaignments, and all information
aflorded by onr friends, Messrs. D.

&

Lamkin

and orders (or the

purchase or sale of future shipments or deliveries

one not

Commenced

1809.

Will keep accounts with Country llanXa and Uankera,
make collections, issue cerilflcates of Deposit, ana
attend to the sale and purchase of Bonds, Stocks
Coin, &c.
Particular attention given to the execution of orda
(or (uture contracts and the purchase o( merctiandhM

LIVERPOOL,
SoUcit consignments of

Stone

llAble fur the other.

General Commlasilon nicrfhanta,
123 PEARL STltKKT, NEW YORK,

Delivery.

1127,000,000
Mansnement tn New

Jemison,

RANKERS
AM>

execaticn of orders

(or the purohaae or sale of Conlracti for Future

Capital paid ap • - •
Uroam Fire KeaerTe Net Lire Asaeta • - •

&

Moody

New York.

UjMITed states bkamch.
tlie

Co.,

COMMISSION MERCHANT

4T Broad Street, Neir York.

conmiissioN kierchants,
Special attention given to

&

Sawyer, Wallace

OF
Si William, Cor. Pine

s

* 185 PEARL STkEBT,

of Cotton,

GENERAL

london and edinburgh.

BRO'S,

Bxchangs Buildings, Unrfool.

&

Bliss

and

British

IM

Liverpool and London.

In

A Oo*

niERCUANTM,

CU.IiiniiMllON

Wool, Hides, Ac, and upon shipments to our friends

STEPHEN CUOWELL. President.
WILLIAM K. CROWELL, Secretary.

Dvsa

Montgomwy, AU.

AND

BROAD STREET,

4858.

Liberal Advances

Ijibxah.

LEHMAN

Ooneral Commlaalon Merolianta,

ASSETS, July iTTSTS, §2,333,493.
IN8URE3 COTTON AGAINST LOSS BY FIRE,
OVERLAND BY RAILROAD, uid Marine bj

Co.,
Orleans, La.

Cotton Fa ct o r

COTTON FACTORS

OF BROOKLYN.

A

Abraham

New

& Co.,

Wright, Richards

Western Union Telegrapli Bailding,
Bro^dwajr, Cor. Dey Street, N. Y.

LsBMAiff,

xioBaiDS.

L.

Office,

Mercantile

Cotton.
JOU B. DDBB,

BOWABO If WHIOHT.

PHENIX

The North

Til

McAlister

&

Wheless,

COTTON

OOmmSSION niSRCHANTS
NAfiHVIIiLE,

TKNNESSBB.

Special attention given to Spinners' orders.
It

cadence

sollclteiL

_

Corre-

BvraxKOas.—Third and Fonrtn BaUosal BaaKs,
aad Pi >prlstors of Tax Ckbohiolb

,

THE CHEONICa.K

Tiii

liisaraooe.

fMdich^lS, 1876.

Cotton.

Cotton.

Woodward &

LIVERPOOL

& jn Wall

No*. 74

60 IVall Street, New Vork.
MKKCHAND^SK UEPAUTMKNT.

Kevr York.

Street,

Orders executed at the Cotton Kxchangen In New
York and Liverpool, and advances maile on Cotton
and other Produce consigned to them or to tlielr Uru'
abroad.

Cotton Factors

AND

& Co.,

Stillman, Babcock Brothers

SBAMEN'S UANK UUILDINO,

BABCOCK &

B. P.

CO.,
'

LIVERPOOL.
ANI>

LONDON & CLOBE

ALKXANDKB MAITLAND.

General Commlaaion Itlerclianta.
Special atteQtlon paid to the execution of ordori for

tbe parchaae or sale of contracts for lutare delivery

of cotton.

INSURANCE CO.

No.

ments.

&

Ware, Murphy

Co.,

« BROAD STREET, NEW YORK.

Cotton Factors,
Tobacco

The ABseta

of this

Company were

oreased by the busineAs of 1875

Advances made on Consignmenta to

GENERAL COMMISSION MERCHANTS

and now amount

COTTON EXCHANGE BUILDING,

NEW YORK.
Special attention paid to the execution of

to

for the purchase

orders

LONDON AND LIVERPOOL.

JEWELL,HARRISON
& COMPANY,

Liberal advances ma'le on con-

AND

4!OItlIt|I.SSION

COTTON MERCHA.M

contractu for fu ure

or sale of

delivery of cotton.

General Cominlaalnn

RiercliantH.

AND

$1,685,051 48

and

Cotton Factors

ia-

L.

Robt. L. Maitland & Co.,

made on consign

advances

Liberal

BOBKKT

r B. MACLKU08K
H AITLAND.
L.

ESTABLISHKD

«.

NKW VOUK

1811.

signments.

$28,425,160 92.
This Company has paid for

oominissioiv
HanOTer

5

$i9MlM5 3^ Gold.

Co.,

6c

urcha nts,

ni

Street,

Advances made on Consignments to

FINLAV

mesara. JA^.TIRS

ftlues,

CO.,

dc

Also execute orders for Merchandise through

of

PIN LAV,

iTIeaars.

nuiK

ic

CO.,

CALCUTTA AND BOMBAT.
FaTUKK CONTRACTS FOB COTTON bought

$3,000,000 00

old on commission In

New York and

for the

exclusive

American

security of

Policy-holders, and the funds so held

MANCHKSTKR,

certified

by the Insurance Department)

ex-

Superintendent
Manchester. N. H.

STKKL. CHAKOOAL,
and

all liabilities of this

Liverpool.

the

sum

by law, by

FRONT STREET,

& Co.

GENERAL COMMISSION MERCHANTS
128 Pearl Street, New ITork.
JOBir

OFFICE,

45 William

street.

DIRECTORS:
R. B.

W.

F.

MINTURN,
GARY,

Chairman,

Jr., Dep'y Chairman,

ALEXANDER HAMILTON,
ANSON PHELPS STOKES,
CHARLES

H.

MARSHALL;

8.

&IOHAKD8.

WILLIAM WHITLOOK.

& Whitlock,
COTTON STORAGE
Richards

Noa. 105, 107,

&

Rate of Storage,

15-15.

St.,

17 William St.
William St.; R.M. Waters
Henry, Jr.. No. lo5 Pearl
51 South St.; Charles
Hyllestedt Co., No. 7 South William St.; Walter T.
Miller & Co., No. 5 Hanover at,; Dennis Perkins, No
117 Pearl St.; Charles A. Easton, No. !41 Pearl at.

Williams, Black

Broad

dp Co., No.
St.; FhlUp

Ac.

A

cor-.icantly

on

Parr'jfles,

Sloi^

hand, from wincu Hoy deelrcd

JOHN W. iniSON &

CO.,

I

43 Broadwray, Ne-w V<%rk.

1

i

Insurance Company
OP HARTPORO.

CAPITAL

$3,000,000 00

-

Assets, Jan. 1, '76

BRANCH OFFICE,
JAS. A.

-

$6,792,649 9S

....
113

$'246.3Sa

BROADWAY,

ALEXANDER,

Klre Insurance Lowest Kates.

RariBRKOis.— French ATravers. No.

ft Co., 56
St.;

Hoisting

Df-r

iDee, KflnltiK

l^ngthB are cut.

Litibilitios

109 ITIorton,

and 618, 620 & 622 H^aahlngton
CAPACITY, 12,000 BALES.

P

Guya,

^TNA

AMD

NEW YORK

f

212 STRAND,
Galveston, Tex.

COTTON FACTORS

$1,621,155 24.

TUgglUH

Ships,

Brldgfci*,

IrtckB, Inclined

Larjfu

BLOSS & INCHES,

of

for

suitable

iSnapensIon

branch, including

the Re-insurance fund required

and

U. B, of (he very best Qaality

Gjlveston.

IdempUls, Tenu.
ceed

G. ITIRANS,
TreaaurtT,

Water bu tet. Host on

40

Wire Rope.

COTTON BUYERS,

Hi

N. H.

L, A. SOA-BBBOUeH,

A. M. Scarbrouorh

(as

Kii-

and Tools,

IRETAS BLOOD, W.

<

•re held by Trustees in the United States

A. M. SOAKBRouaa,
Memphis.

Works,

Locomotive

MANUFACTHKKKS OF
Loeomollven, Stationary Steam

Netv York.

LIVKUPOOL, LONDON AND GLASGOW.

Upwards

ItIANCIIE»<TEB

GENBRAL

fire losveB

during; the past forty years

Miscellaneous.

Henry Hentz

Liverpool

50

N. T.

Agent.

&

Adams & Whitlock, No.

toe

Laer

&

Co.,

London

(jf

Globe

Insurance Company-,

COTTON BUYERS,
J. E.

PUfiSFOED, Resident

ARTHUR PELL,

Secretary.

Asst. Secretary.

GALTKSTON, TEXAS.
Liberal Cash Advances on
friends lu

CUARLBS 8EWELL,

24 Asst. Sec

Mew Tork,

Conslgnmeuta to our

doslon, Philadelphia, Liverpool,

Havre and Bremao.

(

45 William St. I
Assets, $28,425,160 92
In the U. S., $3,000,. o

J