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xmm
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND r^
VOL.
Advert IsemeDts will toe [published at 20 cents per
IIdo for each Insertion, space belne measured iu aeate
type.
lliiefl to the luch ; when definite orders are (ftven
for three, six, or twelve montli*, a very liberal discount
will
have a favorable place when
nu promise of continuous publication
can be glveo, ta all adreixlsera must
54
DANA A
79 ft 81
EV For
No. 11 Nassau
Dealers in
Oc
€0.,
:
ALLOWED ON
terms or SnbscrlpUon see
5lta P«ffe.
DEPOSITS.
&
FooTE
No.
PRINCIPAL ClTlBlOFTHK WORLD: aU»
French,
STERLING EXCHANGE.
• 1 Pront S(r««t,
drawn by Jay Cooke & Co on Jay Cooke, McCuIloch
& ("o., London. In §nm9 -nd at dates to suit.
COMMERCIAL CUKDIT.S AND CIKCHLAR LET1-Ki;s KOK TKAVKLl.KliS SSUKD,
all
ISBUli
romnierclAl aud Trawelera CredlCa
Available in
all parts
ot tbe world.
T. B.
&
Brewster, Sweet
Co.,
Gk>ld
&
Baldwin
a. a. XIHBALL.
Exchange.
Kimball,
BANKERS AND STOCK BROKERS,
2X IVALL STREET, NETT YORK.
Interest alloired on deposits.
BOSTON.
Bar ud Ml)
9rlw of Clelli
COBtrMU tor preient tnd f ature dellTAcoBU for (ollovlag Banl°8 XUl*BUTPALO, CX)TTON PLANT. PAUtBTTO
AMD SIAMOin>.
—A]»o—
Loo
u nsay be
& Co.,
WALL 8TRBET«
NO. 69
BALDWIN.
ember N. Y. Stock and
parta of Kurope.
CNe»r W»ll.)
MPORTIKS AMD COMMISSION MKRCHAKT* M
•KClnv, Rope,
and
IroB Tlaa.
tns
Sl^eotsl
Brown Brothers
BOSTON.
T Congress Street,
avaiiable In
all
Canada and Waat
T«lee;raphfc Transfers of Money to and ttom
don, Paris, San Francisco, Havana, Ac.
Dealers In Ooverninent Secujltles, Gold, State,
Coutity and City ttonds, alKO
^Ross, Roberts & Co/S
AND CIRCULAR
Letters or Credit avallaltle and payable In
Current Accounts received on aach terms
agreed upon.
BANKERS,
Commercial Cards.
& Co.,
New York Oltr,
credits for use in the United States,
Indies.
LOANS AND P4PER NEGOTIATED-INTKREST
T.
St.,
ISSUE CIRCULAR NOTES
mONICIPAL RONDS.
Stocks and Secaritles Bouffbt and Sold
;at tUe New York Stock Kxchango.
PUBLISHERS,!
WtUlam St., N.
349.
Financial.
EXCHANGE PLACE, NEW YORK
RAILROAD
have equal opportunities.
WBI. B.
NO.
1872.
WILLIAM T. MEREDITH & GO., Duncan, Sherman
U
flrat iDterted, but
In ttie best place
2,
Financial.
^boerttscmetxtis!.
wlU be made.
AdTenisements
MARCH
Y>^V" iORK,
14.
OF THE UNITED STATES
-^RCIAL INTERESTS
.
\
Iinp«ft«n of Bio
-/
€«ar««.
for luvestors on
at Current rates.
Improved farms at ten
REFEKENCES
Atlantic Nat. Bank, N. Y. Bank of Auburn, N. Y.
Nat. B'k of Vernon. N. Y. State Sav'ijB Inst., Chlc'go
Cayuga Co. Nat. B'k, N.V. htate Sav'gs Ass., St. Louis
Cook County National Bank, Chicago.
& Sons,
&
USE.
&
BANKERS,
JXWXLL,
8. D.
Jewell, Harrison
27
Collections
made promptly on
all
&
Taussig, Fisher
&
Co.j
BANKERS,
No. 32 Broad Street,
New
Taussig, Gempp
323 Nortb Tbird
Yovk.
&
Co.,
&
112
dc
114
Co.,
WATER STREET, NEW YORK,
markets.
PROVISION DEALERS, COTTON FACTORS
OIL.
AND
'
New York
deposits, 8ublui:t
CollectlouB made in any par
or Canada.
rOSTSIa
Co.,
Interest paid
on Deposits sabject to check.
2:g:gi^l:S«Wu..
of
Stock
General Banking Business.
ou
X. D.
Bonght and Sold on Commlssloa.
1, 1872.
(ex-Governor of Nebraska)
Loans Xe).rotiuted ami Advaiict-a .Made.
Govtrumcnl, Slate, City, County aud Railroad Bonds
Stocks, and Gold bought and sold ou Commission.
Interest allowed
Drafts.
Frankn>rt On Mala*
BATXOHD.
STOCKS, GOLD. BONDS AND ALL OTBCB
SECURITIES
We have formed a Copartnership under above style
for the purpose of transacting a '
Pure Lard iPacked for We»t Indlo,
South American and European
Taussig,
Raymond &
President State Bank, Nebraska.
JOHN A. HARDENBEKGH.
RICHARD W. KING, member
LodIs, BIo.
BANKERS AND BROKKES.
S WALL STREET.
King.
RROADIVAT.
Exchange.
COnmsSION niERCHANTS,
St.,
0. H.
Barney
Fbbruabt
ALVIN SAUNDERS
St., St.
BANKERS,
24 JunKhoflf
biakers
&
Gempp
a. 0. BikBHBT.
VAN WAOKNBN.
MANUFACTURERS OF LARD
parts of Canada.
Hardenberg
NEW YORK.
C. D.
NBUT YORK.
Co., Saunders,
ot Interior banki,
HARBISON,
NeRotlftbla
Foreign and DomeiLlc Loami NeKOtlatad.
BANKING HOUSE
eorporkUons and Merchants.
AgoDta for tbe aale ol (;lt7, Coouty and Rallrow!
Uoads. iMBn l^Utn ot Credit for foralgi traTol
A. 9.
all
oa Deposits subject to SlcbtDrUt
Advances made on approved securities.
Special fiicilUieft for negotiating Commercial Paper.
CfoUectlona both iulaotl and foreign promptly made.
INTEREST ALLOWED ON DEPOSITS.
FKONT 8TRKBT. »EW YOKK
sccoanU
or Check.
YOKK.
Exchange, QoTernmenta, Bond*
BANKERS,
rOR EXPORT AND DORIBSTIC
PINK STREET,
NEW
WILLIAM STREET.
Gold, Commercial Paper, aud
Securities.
Interest allowed
Co.,
BANKERS.
37 WILLIAi?! ST.,
MAMUFAGTnRKRS OF CORDAeB
ST
fttocks.
I
Whittemore
liecetve tlie
Co.,
|
Futlcoltr att«ntioa given to BecalTlos and Toi
Wkrdlos RtUi.
Winslow, Lanier
No. 53
i^valers In Bills of
Illinois.
per cent Interest, payable semi-annually.
EXCHANGK, COTTON, KTC.
liW
&
BANKERS
made and Remitted
Money loaned
WUl pnrcliau
SOUTTER
BANKER,
New Orleaa*
Henry Lawrence
SECURITIES,
John H. Daniels,
Collections
oommssioN ihekohant.
3»l.
GOVERNMENT
IN
WUmlneton, IVUl County,
Charles G, Johnsen,
Lock Box
DEALERS
Gold, State, City, County and Railroad Bonds.
to
Sight
of the United States
W.
B.
LKONARD.
W.
O.
^UKLDOIS.
W. B. FOaTaa.
Leonard, Sheldon&Foster
BANKERS,
No. 10 Wall Street.
Boy and s«ll Government, State, MsUfSS* sad other
desirable secuntlis, uiakliiK "ow»«. •OTinesa on
same, allow intirist ou .l«l...»lt>'. da^l to OflMlweJsl
naoof, fornUU to UavoUers and oIlMM LutUn 01
Credit current In the prkiclpal tlUM la Kwoiw.
..
,
Jgfi IJHRQNICLE.
H.
Walker, Andrews 6c Co.
No. 14 Wall Street, NEW TOBK.
&
Andrews
n.
H. ALLKN. VIoePres't First Nat. Bank, President.
M.HOLPKS, Casliier FirftNatlonal Bank Treasurer
sAMtri'L MCKEK, Sccetflry.
OFFICE OF THE
Co.,
BIS10 PliACK VKNDOOTE, PAconinnsWas, »toc)CB 8nd gold bonglit and sold un
No. 17 WcKt FUtli Street.
KANSAS CITY,
U.ueJ.
"rmveltre- and Commercial Credits
Loans Nesotiated.
„„,,„,„,.„.t
at Intel ot.
Monev received on deposit
Kxchai^e drawn en the Paris l.ona
Tlic operations of
and on
Morton,
& Co.,
Bankers, 30 Broad
N. Y.
St.,
OTo.
Bond Board
arc
devoted specially to the Negotiat'on ol Western
County Bonds, Municipal Ponds, and the Bonds of the
several School Districts ef Missouri and Kansas. All
Bonds oil'ered are thoroughly examined as to the
legality ol their Issue, and none are presented escep
such as we believe to be reliable in every particular
Full stalhtica and every Inlorinatlon Riven upon
UNION BANK OF LONDON
Bliss
We.'itern
tlic
application to
SAMIIEI.
McKBE, Secretary.
Money
48 "Wall Street.
&
Bv ex haiElnir United
the
SI8
In all
to
NEW
Culon
&
lust.
&
Wm.
Co.
;
,
William
•
Jrenham, Texas.
Co.,
BRTAN, TEXAS.
J. O.
O. R. JOHN'S,
P. BTKHETT,
KIKBT,
W. VON BOSBNBKBa
&
C. R. Johns
Co.,
AGENCY
LAND
TEXASBANKING
& EXCHANGE,
AUSTIN, TEXAS.
sell real estate, pay taxes and adjust
rifles, prosecute Land and money claims aKalnst tho
State and Federal Governments; make collocllons.
Receive deposits and execute Trusts.
Purchase and
Adams & Leonard,
BANKERS,
TERMINUS OF CENTRAL RAILROAD
Corsicana, Texas.
Morton, Bliss
New York Correspondent
M
A. FosT,
Lale Fort * Trice.
Oilman,
C.
smxLXB
Co.,
and
Fire
46
F
Fort
ir
& Co
lltarlne
E.
S.
65
i
&
O
Jackson,
Galveston
:
T. H.
MoMahan &
Cammann &
WALL STREET,
Co.
Co.,
Bankers and Brokers,
Sells
t
also
Cash paid at once lor he above Securltloi; or
eold on cvumlHlM, *t seUen i>pClo«,
wUl be
Gallipolls,
:
Pratt, Bankers.
Bank Stocks and otiier Securtttes.
" SPECIALTY"
I
'
LatoCaahierlst Nat. Bank
R»7IRSNCI!S AND COEKK8P0NI>KN0E:-NeW York
Wlnslow Lanier 4 Co, David Dows 4 Co. CincinFirst National Bank. Merchants N atlonal Bank
nati
New Orleans: Louisiana National Bank, Wheless A
Bailey,
Insurance Stocks and Scrips
PARIS.
GioBaB W, Jackson,
W^ACO, TEXAS.
Insurance Stock,
Buys and
AND ON
I
I
BANKEKS,
oe Street, comer of W'lllam Street. >.V
CONSOLIDATED BANK, LONDON,
nw
.v-r. «.~..
QS tnnn/io
WaSHJU AKD
FAItU,
&
S\fiTH
rNBITRANOE SCRIP,
,
•ene Cticniar Letters of Credit for Travellers on the
nOHANnv
AWAnaX
Bassett, Ally's at La\r,
;
New York,
CO.«
H. Veysey,
;
BANKERS,
nVNKOE *
on and after 19th
KEFEftKNOEs:— New York— Henry Clews, EFQ-.bankWal Bt. \ MebBrs. David Lamb & Co., importers,
.18 Duane &t.
Benedict & Boardmau, Counsellors at
Law, 32) Broadway trn-ie, Haro& Lockwood, Iiisurauco Agents, 2 2 iToi dw^y Thomas Baihour Esq,
(uarhcur Broihers), Piesldeni ol tue Barbour J? lax
BplnnlUK Co Patterson, N. J.
Orders for Ooverninent Bonda, • tocks and Merchanlie executed, and Foreign Ixchaoge and
Dralts
"^
Dowgnt.
No. 8 Wall Street,
;
BANKERS AND
f\', 3:i
1'
&
R.
P.
VAN RENSSELAER,
Books opened In plain and coi.clse menner. Comand disputed accounts iurestlgated and ad-
Co.
PRKSrOTT.GRoTK &C0.. Bankers London
m. TAI'SCOTT * CO., Old'Mall. Llv'erpSof.
John Munroe
Houston— First National Bang
:
&
Sayles
pllciued
usicd.
SOOTH STREKT, NEW YORK.
.
K.
PROFBSSIONAI. ACCOUNTANT
OFFICE 150 B OADWAY, NKW YOKK.
Sterling Kxchange and demand notes in sums
loBultpurchaMers.pavaMcl ail <,aris<>j (irent Mrltsln
and I'Klana, aad available for the Continent ot
Europe on
•
tax, payable
J.
Secretary.
Liverpool,
'Tapscott, Bros.
Government
free of
purchasers
and Other Produce to Ourselves or Cor-
Co..
14, isri.
THE BOARD OF DIRECTORS HAVE THIS DAY
FIVE PER CENT,
GUION LINK ol Mall SteAmorf.
ADVASC>:s MADE UPON CONSIGNMENTS OF
fc
Y'ORK, February
declared a Semi-annual Dividend of
orto.Knroni'.bv the
Petfle
Brenliain, Texas.
ijorrespondenta
Q ilveston—Ball, HntcblnKS & Co; New txrleans— Pike,
Brother & Go. New York— Dun* an, Sherman 4 Co.
Co
No. 155 Broadivay,
Conntry Bankers can be supplied with Bills of Exchafise. m larice or suiall anutunts, on iiie principal
atleabrKureoc. also » lib Tickets for I'assaire from,
Lentlon,
BEYAN, TEXAS.
GomnissioN nerchants,
Sterling Firelnsuranc
Vork.
sijilt
Wilsojj^
RAS. SETT,
BASSETTBANKERS.
OFFICE OF THE
pans of Europe &c. BILLS
OF KaaW<fl&4rayti l,n sums
&
Collections made and promptly remitted for current
rate of exchange". Corr'-siiondenis:
Mtssrs. W. P. CONVERSE & CO., New York.
STA,TB STRBST, BQgTOS.
London, In
TliAVELLKKS ana COMMERCIAL CREDITS
ISSUED,avallahle
G. C. Ward,
tSARING BROTHERS & COmPAlTV.
6^ WALL STREET, NEW YOKE,
WiLLIAMS&GuiONj
New
Moore
AOSNTa FOB
Subscription agents for the Chrontolti In Paris.
68 Wall Street,
IC.
BKNJ. A. nuTT.S,
B. F. "VfEEMti. Cashier.
;
&
G.
S.
Rice,
.M.
all ac-
W. Cray.
A. J
H. Cualil»«i
Pr.sldent.
Hntcbins P.
ic
EQUALLY SAFE.
N. T.,
•!
YORK.
Sta'»" Boat's for the "on.'s o(
you Intresse your 1 come over 40 per cent, an'l
vour pr nolpal -D.ut 25 pet cent and get a S' curlty
Co.,
Texas,
BANKERS,
WATKILL VALLEY RAILWAY COMPANY, yon
Traveler* In Europe,
fior
NEW
\
$238,000
(Succeuors to U^ M. Moore,
340 Third Avenue,
isatra
Bxchange on Paris and the Union Bank
sums to suit.
Burke, Cor. Ennis, W.
NEW YORK,
Corner of Twenty-Filth Street,
PARIS, LONDON, BOSTON.
WrLLIAM STREET,
t
Ins.,
give special attention to, collections on
DTKECTOHS: W.J
ERASTUS F. MEAD, Banker.
(»„,„,,
APCH. McKlNl.AT.I*^"'"-
'
•..-
cessible, pni.ts.
VLB ATI
AND
'WIN PA TON,
Bowles Brothers
S
We
A.C(.RUED INIErKST, IN CURIJENCY,
141 Broadway,
ns
.
'
Messrs.
WAi.Lis, Vtce-Prcs't
j-auvk, Caslii>
J. o.
Capital, $335,000.
BY
Financial Agents,
Collected, and other Banklne business transacted.
86
Pres*t.,
Houston,
INET \
mEAD & CtARK,
rat^, also p^ble Transiers.
Demand Dral's on Scotland and Ireland, also on
C&nada, British Columbia and San Frrtuclsco. Bills
Mm
{
j
THE CITY BANK OF HOUSTON,
AND
parts of the AVorld.
»f
CHARLES
M V
Cfirresnondcnts Amer. Ex. Natlo'ial Bank,
N.
y. correspondents,
,„,|, ^ Traders Nat. Bank.
WALKILL VALLEY
Demand and Time Bills of Exchange, payable In
London and elsewhere bought and sold at current
Al«z.
HUNDLEY,
Special attention given to collections at all po'nts
in tiie State, and reniitlanc s promptly made, without
any charge except customary rates ot exchange.
N
Commercial Credits issued for use ip Europe, China*
Japan, the East and West Indies, and South America
also Circular Letters of Credit for Travelers availa-
COneN,
accessible nnlnts.
all
M. KOPPElil/, Pfosident,
J, J.
Vice-Pres't,
F. NOTES. As-sistunt Cashier.
OF THE
OFFERED FOR
AmERICA,
*
made on
DIRECTORS: .). M. Bramlon, J. C. Wallis, F. K.
Lubbock. M. Quin, K. S. Jeniison, M. W. Baker, Leon
IHum, Geo. Schneider, R. S. Willis, T. A. Gary, W. U.
Wall, Itob't. Mills, T. .I.H. Anderson.
Railway Company.
Agency of the
BANK OF BRITISH NOBTH
Credits
GALVESTON,
Collections
SEVEN PER CENT COLD BONDS
;
Morton, Rose & Co., London.
HOTTINGUER & Co., - - PaRIS.
Hope & Co., - - - Amsterdam.
19
Texas.
reliable correspondents at all
National Bank of Texas
Cash Capital,
FIRST MORTOABK
Allow Interest
on Deposits, and draw Exchange on
•
have prompt and
GALVESTON.
Transfers of
all
GALVESTON,
We
the principal pofnls throughout this S'ate, and upou
ail collections payable in 'his City or Houston, make
no charge for collecting, and only actual charseupon
interior collect iocs. Inim ed late anil-iirompLattem ion
iriven to nil business entrusted tons, lleterto Nat.
Park Bank, Howes & Macy, and Spolford Tileston &
Co., N. Y.,ad Nat. Bank, Boston, PIxeLepeyre & Bro.,
N.O., Drexel & Co.Phiiu.
o, LATjVB, Secretary,
Negotiate First-Class Railway, City
and State Loans ; Make Telegraphic
ble In
Dealers In Foreign and Domestic Exchange,
u,
the World.
Co.,
Bankers,
^KSlKABIiE
BRANDON,
alpuonsk
Home Securities. Texas Banking
&
Issue Circular Notes and Letters of
Credit for Travelers ; also Commercial Credits available in all parts of
^
McMahan &
T. H.
And
Western Bond Board,
JJO.
\8:'l
Texas Bankers.
Financial.
Toreig* Exchange
i
[Mareli
3
SB?
thejr
8
Wall
Street,
New
York,
Transact a c.knbual Bankiso BfsiNKss, and Klve
6articular attention to the PURCHASE AND SALE
FOOVERNMKNT.BTATKANDiiAlLUOADSKCU-
KITI£S,
'
'^PepoBUi reeelvea
>ab|«et to cUeck st
elgiit, |:
:
Mwch
Tg^
187J^;
2,
'
CHU0JVI0I4E.
New
Inreatment Secur^tfea and OoUectloua.
Kaufman,
BANKER ANU
Page, Richardson .& Co.
A. C.
iLsas,
TO
Oil
BROKER,
CHARLESTON,
^•
of Kiel.
Bf" Dealer
AMD
Kobcrt Bcniloa
Co.,
\
Co
aaraa^luurue
Vl'AK
nareaard« Aadra Al
Travi
''>'" puwat
Uir«al|tc ''""^nflpVfjK"
UtMot .T'^X"'':"
Si.
Bpf ISd
Uual.
t!ie
MW;eUe«tlor8olDIVIDBNDS,COnpoV3,l«OTK8.
„ „
ToaK „
Saw
CoaBKapoNniNTs
Kounizn Rrothsn.
KACrmAN.
A. C.
Parker
&
Cobb,
NS
II 1
•ell
WoDtorii City and Coaa<
OF SELinA.
Capital
•
•-,.)•
•
18 18.
Capital. .$fiOO,000
WM.
P.
MMMSSlfeo
BAM
,$100,000
Bauk.
"Wm.
N.
commlMlon.
&
Sommerville,
Partlculiir attenti* o given to Collections, both In
the City and all uulnta in oonnuctlon wMitt. Pronpt
returns madcut l)t'8t rule ol Kxctiange, and no charge
matle, excepting that actually paid upon any diaiadt
point. Correspondence solicited.
BANKERS,
GiLMORE, DUNLAP
&
108
& 110 West FoorUi
'
kind! of
•••sis;
Geo. Opdyke
Edward C. Anderson, Jr.
NO. as
bought and sol^.
Cotlectlona promptly remitted for
Orders solicited lor the pnrchftseoi ii<tles of Produce
And Secarltles. Prompt attentioo Kuaranteed.
Mew York Correspondents Lawkkmox^VOB.A
W. Wheatley &
J.
New York
Correspondents
BROKBRS IN WESTKKN SEC0RITIE9,
83 "Wall StresI,
NBW YORK.
E. E. BtTKBCss, Pres't.
AHD
333 Nortb Third St., ST. LOUIS.
Second National Bank,
accessible nolnts In the
United States, Canada und EnrOpe.^^Jlvldenda
and Coupons also collected, and all most promptly
accounted lor,
OROKlls promptly executed, for tbe purchase and
sale of Gold also. Government and other Seoarlties,
on comuiissiou.
--tx
INFORMATION
luruished, and narchases or ax.'
^^
changea of Securities made for Investors.
NEQOTIA'l lUNS of Loans, and Foreign Exobanc*
efiectefl.
made on aX parts
9. Treaaarer to tecnre Circulation
and Depoilu 500,000.
Preat.
United States.
Ten Per Cent
nOBTGAGES AND
niVNICIPAL BONDS,
SMITH
BBOKEB,
Georgia.
President.
Cashier.
Co., Mississippi Valley Bank,
Indianapolis,
John Pondir,
BROKER
Flowxbbbb. Obo. M. KLBia
Vice-President.
HANNAnAN,
Financial Laws and Forms of Indiana sent free.
Correapondsot
N. Y. National Exchange Bank
Government Seonrltles, Gold, Stocks, and Bonds ot
description; and Real Estate bought and sold,
Svery
ollectlons made on all " accessible points."
C. C.
dc
BROKERS,
HAWKS & OASTLBISAN,
Jou» A. Klbih,
Id
*
;
Government Bonds, ExohaMsCk'
Gold and Stocks,
No. U EXCHANGE PLACE.
Particular attention triven to the negotlstfon Ot
UO West Main Street, Loalsvllje, Ky., dealers la
ForeltfD aad Uoineatlc KxcttaaKC, Uoveraineat Bonds
and an Local Securities, Uive prompt attentloo to
OoUectloua aad orders for Investment ol rands. ' I* §
A BANK OF DISCOUNT AND DEPOSIT,
TICKSBCRO,
STOCK BIKOKER,
OIBoe No. a West Third Street, Clnclunatl. Ohio.
Baler to : All Olaclnnatt Baalu, and ««»•"•
UsMrt. LOCI'
* Co., Mew torfci
wk*
nilSS.
Hallway and other Corporate Loans.
Union and Central Paclflc Bonds and Stocks a spalaltT.
N, T. Correspondent >-Baak of the Manhattan Co.
SBO.
Hewson,
"*
of the
COLUMBUS,
BROADTTAT.
Bank,
N. C.
srOOBSBOB TO
Papottted wltb V.
Co.,
Transact a General Banking baal>
iteaa, incladlns the piirchaae and sal*
of Government and State Bonds, Railroad Stocks and Bonds, and other
acurltlits, uu uoimnaUslon.
H. Castleman,
•300,000
BTDK
Bryce
&
BANKERS,
94
A. K. WaLxn, Oaskler,
WILiniNGTON,
TITUSVILLE, PENN.,
WOOD
Banks
COLLECTIUIsS made on all
LOCKWOOD
— Messrs. Wm.
National
First
Collections
F.
lndl»ldnals. Firms,
Bankers and Corporations, subject to check at
and interest allowed St the rate of Foub per
Sent oer annum.
TinOATKS OP DFPOSIT Issued, bearing FoiTB
per cent interest, payable on demand, or after
Uxed dates.
Co.,
a general banking business. Cotton purchased
order. Collections made and promptly remitted
*Co.
&
Co.y,
NASSAU STREE;f^'^^^*^
DEPOSITS received from
BANKERS AND BROKERS,
AOtERICIJS. OA.
Samuel A. Gaylord & Co,
W. M.
Cla.
Special attention glvea to consignments of Cotton.
Gold, Stocks. Bonds and Foreign and Domtisttc
on
BANKERS,
_.,
.
Do
Morton, Galt
&
''^
sight,
Merchant,
Savannab)
acoeeBiUe
FUR BMiS
(JHAS.
Colgate, Mor-
(Corner of Cedar street.)
0HB0K8 ON LONDON AND PARIS
Cashier,
A
BANKING HOUSE OF
:
points and remitted lor on da; of payment,
CHTDE,
Treyor
Financial.
$300,000
-
ifjccbanfre.
QOVERIViriENr liOi\D8.
Oapltai
R. Ltkajt.
;
Street.
at all
W.
FAZaiTDK.
t^iveu to business of Corres
coUectluns remitted lor at CMrreatrats of
poiKlents.
Special attautlon paid to Collections.
Co.,
VIIWCINN ATI, OHIO.
OaklSKlB GOIiD, 811. VKR and all
COLLECTIONS ITIADB
O
P.
BANKERS
& BROKERS.
NEW ORLEANS.
Planters
Cash Capital,
Commission
&
•
•
i'AN8.,l,,,„
17* Particular attention
BANK BR, FACTOR AND
^^jSfBfiem Bankers.
,
TowasxND.
New York Correspondents
& Cu.
AUGUSTA, QA.
INTBBEST ALLOWKD OX DEPOSITS.
Coaniirt-oTiDBBT
ton tUIss
NATIONAL BANK,
Co.,
Stock, Nbte, ami Gold Broters.
Q.
Jos. 8, Bau<
Csab'r.
Vlce-Pres't.
Merchants
Philadelphia and Dulath.
0EM,ER3 lit GOVKRNJTE.VT SECITRITIES.
Nbw ToBk
NINTH NATIONAL
Kxchauge.
ALA,:
T, P. Brasoh,
Ghas. J. JasKtas,
W. Cla«k i&
Preshlant,
JA8, N. BKADt^g, Vice-President.
JONKS.Csabler,
RICHARD
Bpectal attention given to purchase of Cotton.
Prus't.
E.
National Bank
O.
ALSX. WUBLBSS,
R. H. SOMUKSYILLiX.
M0ST80MERY,
Tr«F«act a ?enpr»l B»nWnif aim Ksohanm bnslneii
nclodliml'ucciiua asd 4al« ot Stocks, Uond>,aold
»«
iii'i
Townsend, Lyman & Go.
BANKERS &. BROKERS,
liANKEUS,
PHII.ADELPHIA.
•tc. oif
Fowlxb.
Fowler
'''' '"
'
Aasiscanl Cashier.
N.T. Corrospoodeat— Importers and Traders National
BKJamisok&Co.
KliV, Prea'l
'
I
0HA8. L. 0. VVTPV V
ARMSTRONG, Casblcr.
iSu. W. LOVE,
Limit,.. (il,oo«,000
|
Prompt »l tent Ion Hi veatotjalkMilaMiiponaUDOInU
In tbe Suiiilu^ru State..
of '^'•m'
<iir«s
otlier than actual coat upoadlNMEMaaai.
Rumittiiiiecs promptly mafia at current rates 01
exoiianKe ou ibe day ut ma:
^
Kzchangreparcbaso'l ufi'.
'H points.
J A3. ISBELL, of Talladeca, President.
Philadelphia Bankers.
Bank
'
NE\r ORLEANS, LOUISIANA.
The City' Bank
If boudH.
National
OF NEW OUI.KANH,
LOUISIANA BTATH ttABK, Incorporated
formerly
fTATB OV A.^ABAinA.
KG STUK£T,
HOSTOX,
Bar »»I
(Join. tfxoUange,
HKAFTi, Ac.. &c., upon all points In tliu Suutbern
Statea, partlcalarly Sum li Carol na, made ai<<l promptly remitted for at current rate of E.xclijnKe.
tlf" Corrt'sponnents of tnh House may rely upon
having tliclr business attended to with Udellty and
BenryQleita&Co.,
BANKBK:), M U K V O
and Railroad
SV luveslnient Orders SolicUed and carelally exeouioi.
defButeh.
State
Orleans Oardi.
O.
8.
State. City
Bank Notes,
Ac, Ac, HUo uoveriuneot Bonds.
1
^I.OlNaOlN.
fc
In Soutiicrn
Securities, Uuuurrcnt
The nil
CItl UuuU,
M.
Southern Bankers.
Boston BtuUcers.
L.
BOUiBS.
Holmes
aI,BZ.
&
XAOBBTH.
Macbeth,
STOCK AND BOND BHOKJiBS,
CBAltbBST0N|9,C.
Kty bes M.
&
C.
G.
Woodman,
BANKERS'
SO
PINE STREET,
0«alan In STOCKS, BONDS, and
N. Y.|
LAND WAB&UIXa
*
THE CHRONICLE.
276
Fineiuoial.
Financial.
J
[Marct
ACOB R. Shipherd & Co.,
BANKERS,
NBUr YORK, 24 Pine Street,
CHICAGO, 164 22nd Street,
FRANKFORT,
Ctroaae Bockenbennerstrasae, 30.
now esubllshed our own house In GKEwith unsurpassed Connections throughout
of the
Korope, we shall make a Leading Specialty
Negotiation of Flrst-CIass
Financial.
ITE RECOraiHEND,
AS A SAFE AND PROFITABLE INVESTMENT,
An Undoubted
PAYING
Mortgage
SEVEN PER CENT BONDS
Bonds.
AND, 9H JPHR CENT ON THB INVESTMENT
o
FIRST MORTGAGE GOLD BONDS
H>Tliig
liARGE LOANS.
Terms upon
& Co.,
James Robb, King
or THE
l«
ATaUable In
all part
ol
Valley R. R. Co.,
milch
HOTTINGCER & CO.,
-
Tbey are issued
lONDON.
- PARIS
-
COMMKBCIAL CKBDIT8 and DRAFTS on
LONDON, PAKIS, and SCOTLAND.
ADVANCES made on Consignments. STOCKS and
BONDS botteht and sold on Commission.
Also
BDWABD
B. TITLET.
Utley
&
Selling at 90
B.
BOWEN.
BOWEN,
Ordera for Governments, Qold and Stocks
Ud at the usual rates of commission.
at the rate of $10,000 a mile
SOUTHTTESTERN RAILHTAY OF
INDIANA.
and THEY BEAR 8 PER CENT GOLD
ABLE QUARTERLY IN NEW
on a com
pleted line, which has cost triple that amoimt, and
which
The stock of the
In successful operation.
is
Company
is
and under
its
owned by the Pennsylvania Railroad
auspices the line has
become a trunk
between Pittsburgh and Cincinnati, while
It
INTEREST, PAY-
YORK. FREE
OF GOVERNMENT TAX. AND ARE
COUPON AND REGISTERED.
The issue Is limited to 116,300 per mile, in denominations of tl,000, 1500 and f 100.
This road. 92 miles long, affords the shortest ezlstlii(
Co.,
Chicago, Toledo, Detroit, Fort Wayne,
Logansport and Intermediate points for the celebrated
Block and; Bituminous Coals of i Parke County
line
as, also,
possesses
outlet to
for the large surplus products! of | the rich
and mineral section of the State which it
agricultural
traverses.
a valuable local
traffic,
furnished by the fertile, well-
and developed section of the State of Ohio,
settled,
through which
It
E.
BANKERS AND BROKERS,
No. 4 IVALI. STREET, New York.
Intereat
are
'we
Interest.
Europe, etc., through
CITT BANK,
WM.
Cincinnati & Muskingum I.OGANSPORT, CRA1VFOBD8VII.IiB
AND
BANKERS,
WALL 8TBE £~T
laaae Lettera of Credit for Travellera
Security,
PER CENT
60
More Income than Government
First
MAKT,
application.
1872
2,
at the rates of the day.
runs.
W. CI.ARK &
Further and full particulars, with pamphlets and
maps, furnished by us on personal or written applica-
CO,,
Philadelphia.
execu-
.
For the present we are offering these Bonds at 95 and
accrued Interest, in currency, or will exchange them
for Government Bonds, or other marketable securities
ft
CLARK, DODGE &
tion.
JONES
CO.,
SCHUYLER,
Sc
No. 12 Pine St., N. Y.
FINANCIAL AGENTS OF THE COMPANY.
New^ York.
allowed on dally balances, and subject
to draft at sight.
&
Hunter,
States
St.,
SAVANNAB,
WE
Georgia.
«- «^-
°-
^DEALERS IN
Bxcbange, Coin and Secnrltlea.
CoUectlona on Ssyannah remitted for at one-e'ghth
par cent under buyluj? rate tor New York Eichange
the day they mature. We have facilities also for co
lections in other cities In Georgia, Alabama and
Florida
also for the transaction of any Financial business
on
Collaterals, recognized as good here. We do
not
deal In any Southern State Bonds Issued since the war.
may repudiate, but
have at
12 Wall Street.
New York.
Deposits received from Banks and Indlvldnain
«nh
governmenu Secu rities Ijoneht and
No 72 i„'
ATLANTIC AND
and
In pursuance of an order of said
Court, In the abovo
€•«, made this day, notice is hereby gi;en
that
TO^as in the hands of the undersigned frn^n
VhZ
Cf«bof the sale of the mairiln"oWp KM"* P™"
er«M Western Railroad, In the
of j.'^"'"",''' ^^'^
nude In pursuance of the dMreeStstp
of .»?,( Jl'^'isylvanla,
thV.
times
..il
A"?' "'"' "^
Jand'ttd Mooning feases apportioned
to thl'stlJ-''?;"sum of »«8,88» 89, which. nccordlniTtn
m?„ ''^'*''2' ""e
«dd decree. Is dttrlbu able to tif/hnM •"""/'Ples of
the Brst mortgage bonds and mat roM""" "' «"<='' of
of Uie Atlanff?1id uTat
RLfiS?"!? "'"<""
of PennaylvMla embraced
E^P""}'
ingawu^rcoi
been presented to the ULderaWii
for ^.'^ """^ not
dividend thereon. The dividend
"' "'"
hoaat and coupons by said Courtdeclff,??'™'
1«-S„"P<"' '""i
the face of the bonds, andon the amm?f^ ^" «"* on
MTl, on the coupons maSired Dru,??,?1f
•'"'y «.
uodenlgned wfll be resdfat hl« <,m '?' J"'"- The
Ohio. STany time on oVbeLre the w'h'''H Cleveland,
»e«i to receive anv or all of such Tr.^"^, °', ^ay
BoBds and Matured CouDOnseiitltii.rt.„"'i.*'o''tKage
ahareof said fund
X?tud kid „ ° ' ? ^"•"'utl^e
thereon to the holders ^ilmrlSri "^.L'^'H. "'vldeud
era of such First Mortgi^^nds^d ffi "^1 "" '>oWwho shaU omit or decflSe t^p°,?|?S? Ihl^I^ Coupons
WesS
J ^T
market
'W. N.
ment
of dividend as aforesaid i|ii '£"'" 'or payof the order of said Court, be dee'.np.l Jo S Pureuance
right to demand the sk^ie from
thi unrto,!L? *»'."''
to receive any portion of said fund
umlMhS™'^'^''' o'
have bwn pafd'into said Cour?"
'h«t ''«"'=,?,•'''"
the said tenth day of May, isri An]
»'" on
f; o,,™'
»ld order, pay into' the S5'
"' ">«
',h^"?S.'i'
the balance of the said fund
«h»ii L.''?,^* '='"se,
"'^
J«en ^'d and distributed to and among the
such bonds and matured coupons
holders of
all
REUBEN JBITCHCOCK.
H. LYON,
President,
GEORGE
COI.ER &
CO.,
No. 11 ITall St., N. Y.
and Twice the
BAIGHT,
L.
AND
All Taxes Paid.
Secretary.
Opin Daily Fbom 10 A.M. to
And on the Evenings of
8
P.M.
MONDAY, WEDNESDAY AND SATURDAY
Fboh
to
6
Interest
from April
8
O'CLOCK.
before April lOtb will draw
1st.
ON ALL SUMS
SIX PER CENT IKTEREST PAID
FROM
tl
TO
»5,0OO.
REMOVAL
Interest.
.
FULL PAID STOCK.
Connecticut Valley R. R.
FIRST MORTGAGE
Per Cent Bonds— Price 95 ik Interest.
RECOMMENDED BY
ALIiEN STEPHENS & CO., Bankers,
12
Send
all letters
ADS.
J.
PINE STREET., N. Y.
to Post-Offlce Box No. 3,087.
BBOWH.
WiLSTON
H. BBOWir.
Augustus J. Brown & Son
BANKERS,
69 Liberty Street, New York.
SPECIAL ATTENTION GIVEN TO THE NEGOTIA
1 ION OF
RAII.ROAD SECURITIES
Gorham Ml'g Company's
De
Simon
Visser
HAS REMOVED HIS OFFICE FROM
PLACE TO
No. 68
3«
EXCELANOS
W^ILLIAM STREET,
"
Comer Cedar Street
Kemp
Building."
COPARTNERSHIP.
THE UNDERSIGNED HAVE THIS DAY FORMED
a copartnership for the transaction of a general Bank.
Ing, Brokerage and Specie Business, under the firm
name of MERRILL, TILNEY & CO., Nos. 11 Wall street
and 2 New street, New York.
W.
MERRILL.
TILNEY.
W. DOUGHERTY,
F.
J. S.
G.
New
6, 7,
York, March
1, 1872.
AND 8 PER CENT CITY BONDS.
6s
78
of
NEW YORK
of
JERSEY CITY.
8s
of
HOUSTON
CITY.
CITY.
FOR SALE,
GEO. K. SISTARE,
No. 24 Nassau Street.
Sterling Silver
Ware.
NEW AND ELEGANT DESIGNS
cSShX
r»B«CA.T17.1TO.
JOHN
rates.
PRICE-LIST
St.,
NETT YORK.
Money deposited on or
f
fe
Avenue and 26th
Cor. Third
Towns
M
whS
Savings Bank,
GOOD MUNICIPAL BONDS
SEND FOR DESCRIPTIVE
PAMPHLETS.
1869.
PENN vs. the
WESTERN RAILWAY COMPANY
portion of the nroc.-eds of
Counties, Cities and
7
sold.
TN THE SUPREME COURT OF PENNSYLVANIA
Eaatcm District-January Term,
^
E,«ty. .JOHN B.
all
for sale atlthe lowest
KouNTZE Brothers,
tta«
Interest.
Road Finished & Earning Expenses
BANKING HOUSE OF
BREAT
Twelve Per Cent
cannot.
BANKERS AND BROKERS.
BAY
to
SAFETY AND PROFIT COMBINED.
Bryan
101
Ten
Iioana Ne-
Kotlated.
THIRD AVENUE
Municipal Bonds,
Especial Attention glwen to Inveat-
ment Secnrltlea.
State, City and Railroad
At the Old Stand
No. 3
MAIDEN LANE, NEVF YORK.
JOSEPH BACHMAN.
Levy & Borg,
20 BROAD St.,
Brokers and Dealers
IN
SOUTHERN SECURITIBS
LOANS NEGOTIATED.
.
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
SATURDAY. MARCH
14.
CONTENTS.
Honey
Changes in the Redeeming
Agents of National Banks.
Latest Monetary and Commercial
279
EDglishNewB
Commercial and Miscellaneous
2T7
278
its
Neiehbors
Kcriew of the Month of Febra-
UJ
.
News
880
Market. Railway Stocks,
U. S. Securities, Gold Market,
|
I
Foreign Exchange, New York
City Banks,FhiladclphiaBaaks
I
National Banks, etc
Qaotations of Stocks and Bonds
Railway News
29.3
294lDryGoods
Sreadstnfts
296
1
I
297
299
303
Prices Current
last
backs and nearly seventeen millions gold.
Several forces are
now
in operation
St)e €f)xonxtlt.
The Third Avenue Bank,
the latest
news up
to
now convinced
are
The Commercial and Financial Chronicle is
Usued on Saturmidnight of Friday.
as
ForOne Year
For Six Months
$10 00
6 00
wm
Iht Cbroniclb
be lent to nibterV>«r$ until ordered dUeontinued by letter.
fjstageiiKeenlt per year, and is paid by t?te eubtcriber at hie o^on post^ffiee.
WILLIAM B. DAHA, (
WILLIAM B. DANA k CO., FabUsheri,
JOHH o. FLOTO, JB. f
YORK.
79 and 81 William Street,
Post OrncB Box 4,592.
NEW
^^
Tho Publishers cannot be responsible for lemittances unless made by
Drafts or Post-Offlce Money Orders.
t^T" A neat file for holding current numbers of the Chroiticlb is sold at the
Volumes bound for subscribers at $1 25. The first and
office for 50 cents.
second volumes of the Cbroniole are wanted by the publishers.
Considerable an.viety
is
IN
THE MONEY MARKET.
expressed to learn
spriog-tide of confidence and tranquillity
is
how
for
some weeks
is possible.
past
;
sooti the
likely to appear
unfavorable answer, the
resorted to the expedient of locking
up greenbacks, causing an active spasm yesterday; and they
are reported to have gained an
failed
during the panic ten or
of the
now been
These hoards
secreted in private hoards.
till
are
now being depleted
;
and the money
is
getting into the
banks again partly as deposits in the savings banks ; and
partly in purchases of real estate, to which form of invest-
ment some of
these hoards
is
said
to
have been attracted
both elsewhere and especially on the east side of this city.
returning
this
confidence
on
the
part of
their
depositors and the public, the savings banks themselves are
or whether any turc in the tide
In anticipation of an
speculators have again
Still
probably been taken out
has
encouraged to lessen their reserves of currency, and to
invest their greenbacks in part in securities.
;
pened
The public
which have
that the ring banks
have
millions
money market and if the bank statement to-day will governments
be likely to be made up on declining averages, as has hap- ness fur the
in the
showed such
savings banks of this city, and a large part of this currency
By
TBE SPRING-TIDE
predicted, has
wholly ceased.
were weak from causes which do not reach the other savings
Deposits are consequently withdrawn more
institutions.
fifteen
te«ltysnt«crlbere,an<l mailed to all others, (excloslTe of postage,)
we
it lias
slowly and return sooner.
TBBII8 OF BVBSCBIFTIOH-FATASLS IH ADTAHCX.
Tas OoKHBaoiAi. 4MD FiMAMOiAL Cqbohiolx, delivered by carrier
which will also have a
tendency to check a further decline in the bank averages.
First, there is the return of confidence in our savings banks.
strength that the run upon
day morning, with
week $2,568,025, and itsaggre*
gate 162,933,500, of which forty-five millions were green-
286
289
290
Groceries
minimum was
the legal
THB COMMERCIAL TIMES.
Cotton
week
last
284
|
Ckimmercial Epitome
banks, their loans
282
THB BANKKRS' GAZKTTB AND RAILWAY MONITOR.
Money
the
having declined two and a half millions, while their reserve
Ml two and a quarter millions. The excess of reserve over
Current Topics
Market
Tax Relief and Tax Repeal
The Bank of Eneland and
by
indeed been taken
349.
This action has
a conservative contraction of business.
THB CHRONICLB.
Tlie Spring-Tide )n the
NO.
1872.
2,
important addition this
report a growing
past few days.
amount of
In
The
this
dealers in
sort of busi-
proportion as both these
causes continue to operate, the greenback
reserve of the
banks will be gradually replenished, and the drain they
have previously caused will cease.
Thirdly,
from the
it is
reported that
interior has
the
demand
subsided, and
for greenbacks
although there
is
not
The object much currency coming this way as yet, the return move,
these shrewd operators have in view being to depress the ment will set in, in due course, before long.
stock market, their movements may be temporary and for
So far as the reserves of the banks are concerned, the disa "short turn," as the Stock Exchange jargon expresses it bursements of coin from the Treasury this month on account
They do not necessarily hold a belief in the prevalence of of interest, and on account of the redemption of the called
week
to their pecuniary
tight
money
and numerical strength.
for a considerable length of time,
and they
be merely attempting a ruse on the credulity of the
Their action, therefore,
is
not conclusive
;
although
may
street.
it
may
five-twrnties, cannot
but exert a favorable
has already begun to
make itself perceptible.
we may conclude that
On
the whole then
influence
which
the reserves of
be taken to indicate at least the persuasion that the
banks have not been able to strengthen themselves very
the banks will soon begin to show rising averages, and that
we shall thus realize one of the chief conditions for an
much during
easy
safely
the week.
This opinion
held by
some
howeter,
is
is
shared by the best authorities, and
money market.
of public confidence
is the improvement
somewhat shaken by the
regard to the Alabama
Another condition
;
which, though
may be anticipated. This unfortunate misunderstanding in
For the bank reserve is treaty is hopefully reviving. One cause of this is the dis,
its 25 per cent, minimum, and the danger
covery that a much smaller amount of our securities has
reduction would be likely to be checked by been returned than was estimated when the flurry at the
that a further drain
not very probable.
down almost to
of much further
it is
THE CHRONICLE
278
at its height.
at London and Frankfort was
millions of our
50
15
to
from
that
Mtimated
peraonn
Some
government bonds, railsecurities of v.iiious descriptions—
to us, and
bends, municipal bonds— were to be returned
Stock Exchati'^e
|
[Mtrch
rather of the future than of the past.
1872.
2,
But the Commissioner
very properly held them estopped from any such contradicj
The first admission was of record and they are
They have divided what was as good as cash,
road
and
of
the
they
must
pay the usual dividend tax.
dust
The decision
the
that
had been ordpred sold by cable. Now
opporas
it
stands
is
more
favorable
than
apythey
would
abundant
be likely
given
shave
eonflict is settled, and twenty da\
pains
to
substitute
for
taken
the
it by further litigation and delay.
have
we
negotiations,
tunity to close out such
|
tory plea.
held to
it.
This trouble
account, and.our best
to trace out the actual sak-s ou foreign
than 5 or (J
exertions have not been able to discover more
unimportmillions of governments, with a very small and
of the
ant aggregate of other securities. The discovery
which
is
probably one of the
contested cases
last
under the income tax law which expires with
will arise
and is so unpopular thit the Committee
W.ays and Means have determined not to propose its
Its product last year was very much reduced,
limited extent to which ihe public credit at ho<ne or abroad re-enactment.
of
the
treaty
fortunes
and
amounted
only
to $15,220,462 against 128,224,672 for
untoward
ha^-been compromised by the
imhas
thus
and
the
falling
off
being a consequence of the amendment
confidence,
1870
;
public
has helped to resuscitate
monethe
ot
July
strength
to
which
exempts $2,000 of annual income,
and
1870,
security
14,
of
element
parted a new
and
reduces
the
number
of
taxable persons to about 100,000.
position.
tary
There is one point in regard to which a little uncertainty There are some rumors of an attempt to get this odious and
the close of 1871,
of
We
have had a large amount of foreign capital demoralizing tax renewed. But its inquisitorial character,
money market for some time past. The-i its offensiveness to public morals, its incentives to perjury,
financial ease which has prevailed has had its origin in part and its present unproductiveness to the revenu3 will, it is
in these plentiful supplies of money from abroad. There are hoped, prevent those efforts from all chance of succeeding.
i» felt.
lending in our
i
doubts whether they
-
some degree
not be curtailed, and
In reply to this
it
is
irjli
safer
itself to the
than a quarter of a century, and was la^t year
it
anywhere
We
else.
when
of
also
inve.'t
reiuember that
balances will
pro-
The
year.
details
are
shown
t)n
excess of the
millions sterling of valuations in
the
in
subjoined
themselves exhibit from the report of the Inland Revenue Comfnisin
a short
money market fairly sets in,
form a much less important
sioners just issued.
the spring-tide of the
foreign
element
may
be induced to
more
ductive than ever, the total amount of assessments being
three or four p^r
i
will scarcely
these
this
money mat kets abroad. So long as tliese funds are nearly 9
and more remunerative in this market, and are free to previous
remain here,they
time,
Two arguments are used by those who expect to have the
income tax continued. The first is the analogy of England,
where this tax though often attacked has survived for more
so whether
per cent here, or even more,
not be very apt to transfer
cent
if
enough to say that so long as
oapital can earn six or seven
/
.
may
of stringency mi;^ht not be the result.
monetary ease and quietude.
|
Schedule by schedule the amount charged with income and
property tax, in the financial year 1869-70 was as follows:— Under
"
Schedule A, in respect* ot the
tenements,
property
in
and
'
'
~ lands
'
~
~
£134,703,603, viz
£109,172,564 in England, £12,726,063 ia Scotland, and £12,804,075 in Ireland compared with the preceding
year, the total shows an increase of £1,22.'),570, England and Scotland showing an increase, but Ireland a small decrease. Under
:
;
T,1X
RELIEF
m TM
REPEAL.
AmDng° (he multitude of applicants
for
"^
theB New York Central Railroad Company
Treasury
>-oou.j,
relief,
iciici,
?,=''^'^"^''
T
°""P''x-?i\oVn«°?^'
^'
""''T''^
wi''^.
-""'^rl^^^^^^
theamouatcharged
With
the tax was £37.301,083, Viz:
£30,180,1<0
in England, £4,08.5,918 in Scotland, and £3,034,99.5 in Ireland;
a distinguished appearance.
They asked for relief and they the total is £146,791 less than in the preceding year, Ireland alone
showing a small increase. Under Schedule C, in respect of annuhave got it. The " decision" of the Commissioner of Internal ities and dividends payable out of public revenue, £35,700,480,
Revenue, as his luling in regard to the income tix on the viz £34,562,8.32 in England, and £1,137,648 in Ireland the total
is £910,360 more than in the preceding year, both countries showscrip dividend is sometimes called, has given general satis
ing an increase. Under Schedule D, in respect of profits from
faction.
The company wished to be exempted, but they trades, jjrofeseions, &c., tlie amount charged was £166,3.52,052,
viz:
£143,884,599 in England, £15,470,910 in Scotland, and
wiU have to pay. The t«x will forthwith be collected with £6,996,543
in Ireland
the total is £4,757,934 more than in the
interest, and it ought to have been paid
long ago. The whole preceding year, the increase being £4,262,656 in England, £470,244
in Scotland, and £25,034 in Ireland. Under Schedule E, in respect
controversy has arisen out of one of the worst abuses
of our of the stipends or pensions of public offices payable out of public
railrojid system.
On the 19th December, 1868, this cor- revenue, the total chareed was £24,171,654, viz £21,514,345 in
England, £1,266,232 in Scotland, and £1,391,177 in Ireland; the
poration made a scrip dividend of 80 per cent
to its stock- total ia £2,000,796 more than in the preceding year, all three coun
holders.
The amount of the dividend was $23,036,000, and tries showing an increase. The total amount charged to the tax,
therefore, in the financial year 1869-70, was £398,228,871, viz:
the excuse for making it was that it represented
undivided £339,314,410 in England, £3'3,.549,123 in Scotland, and £25,365,338
earnings and past expenditures on the road
during a period in Ireland; the increase over the preceding year is £8,807,869,
viz
£8,026,0.50 in England, £733,692 in Scotland, and £48,127 in
of 15 years. Mr. Cummissioncr
Douglas accepts the repre- Ireland. The increase under Schedule A in England and Scotsentation and assesses his tax
upon it.
treats the land was chiefly in assessments on houses the decrease in Ireland
-dividend as if it had been accruing
*^'"^ "^^^ " decrease also in Scotland on lands
for the past 15 years
of
have long made
:
;
;
:
:
He
;
st ^°/*d''\°"^ a very decided recovery from the depression
and exempts it from assessment
until 1802, when the income the three preceding years.
tax law was first
enacted.
During the six years from 1862
From these facts it is inferred that as England has failed
to 18C8, he claims
th-a ta.x, which
is consequently six- to shake off the incubus of the income tax, or to dispense
fifteenths of the whole
dividend, or $9,214,400, on which with the revenue it brings into the Treasury, but has been
the duty will be five per
cent.
compelled to re-enact the tax every time it has expired, so
There is little probability
that the company will appeal it will happen to us.
And we must prepare for the same
mgainst this ruling; f„r it
is evident that on tri.l
in court experience, enpecially as Mr. Boutwell is anxious for the
^the decision would very
likely bo that in corporation retention of the
tax, in order that he may keep his revenue
property a dividend accrues at
the point of time when it is receipts to a high level, and secure as large a surplus as
paid
If the whole of the
23 millions must be counted as a possible for the carrying out of his policy for a rapid
dividend accruing in 1808, then
the company would have to liquidation of the debt.
pay $l,lo0,000, instead of $400,720,
according to the present
Another party are in favor of retaining the income
adjustment.
It is true the
company contradict their own tax until it is certain the Treasury really can dispense with
,
statements,
dividend
and deny now
represented
their
anything
assertion
that the scrip
but capitalized
earnings
so trustworthy and so
Apart from
ij)e
productive a source
of
proposed changes of the tobacco
revenue.
tax,
and
:
March
THE
2, 1372.1
roiiuiltif
iho
tea
dutiex,
oili'uo
iiinl
which appertr {o take
prccedfiico of the inooiiie tax, iht-re are a uuiiiber
of other
modifioHtioiis proposed in the TiiriH"
and Tax laws, and the
ar{>umenl
tax
is
of these other projects
d^Tiblirte
must
income
that either the
must be
oonliniicd,
for depleting the
Treasury
abandoned.
lie
Washington a number of
Besides, there are in
JL
C'HmONrCLE.
miscclLi-
millions
of deposits.
The f^ondon Economist
Ku
fust
published an analytical review o( the
report, of these bank*
from which we compile tho following table:
.1
AooMoATrs (,r tiii: london (.ubiiit ranxmrnon.,
nr< m, iw».
ToUl maans Ulv. fat
C'apiUI Bn<I
_,
iiur|>liii).
.
.
I)eponltii.
Elovcn Joint Slock Baiikn. .£10.!ino,(Klfl
Three Dlscoiiiil CoiniiBiiii-i.
.i.oon (ioo
Hcvcn other Dln.Conii^iil. e. +7,OI!i,O0O
Tol'l
for loang.
annnin
JE84.730.nao
8O,.W7,0O0
48,U8«,000
£i«,<iee.mo
•*.-.,OM,000
42,768,000
•
33.5!».000
toM
7 to 3«
8S,0»JM
neous claimants for relief in conoecti-jn with the lax laws.
Wiihin A fiivr days one of the pending mcasurfs was
introduced
which deserves more notice than it has
„
received fKom the press.
U it could be passed it would
render impossible the repeal of the income tax and almost
every other remission of taxation whatever. The bill appeared in the House on the 19th February, and proposes to
The business of 1870 seems to have been a. fairly prosperous one as the dividends of these institutions since 1867
have averaged as last year from 6 to 40 per cent on their
refund
business in England,
the taxes collected on
all
of July
r.iw cotton,
under the
acts
18«2; June 20, 1864; July 13, 1806; Sept. 1,
1867, and Feb. 3, 1808.
These laws, it is urged, were un
constitutional and unjust, false in principle and oppressive
],
operation and the amount collected under them, on this
most important raw material produced in the South, should
in
;
be refunded to the persons
fiVeS,
lii
who
paid
it
or
tlieir
representa-
cbhfirma'ion of their prospective success in passing
unprecedented measury it is affirmed that
are very influential, and have brought up no
millitns of these cotton claims.
this
its
promoters
less
than
six
July, 1862, when the tax on raw cotton was fixed at one
half of one per cent, per pound, and remained at that rate
until
June 20,
On
pound.
to
three
18t>4,
13th
the
cents
Sftptember
1,
when
of
July,
pound,
per
1867, when
On
cents per pound.
was increased
it
it
1866,
where
was
the 3d
fixed
to tivo cents per
was increased
it
it
remained
at
two and one half
until
of F.bruary, 1868, the tax
was altogether abolished.
7 (•<
Gmml
toUl
£.38,718,000
£178,377,000
i;«17,095,0OQ
EKtimatcd. » With puhllc dcpoBitu «n<l circnlmion 51 inilllonii.
+
share capital
But
possible.
The
and
We
reported.
reserves.
In few oth?r departments' of
we presume, can such
do not pretend
large profits W«
how they are
explain
to
the figures before us suggest
two
enquiries.
regards the capital of these institutions; the
second their cash reserves; and both point to the safety and
first
soundness of the system to which these banks belong.
As
to their c.npital, it
amounts, including suiplus, to 21 mil.
lions sterling.
This being the sum on which they have to
earn dividends, it is obvious Ihit the smaller the capital in
proportion to the deposit^, She better the chances of
making
York banks have
frequently been reproved for carrying this device to undue
lengths, but few of them have gone so far as these London
Some
dividends large.
the
The total amount involved is, however, much greater.
For the tax was in operation six years. It was enacted 1st
£*fl.n7,0fl0
17.741,000
Bnnkof EugUml..
of our
New
corporations, which, on their 21 millions of capital, hold, as
we have
said,
command
153 millions of deposits.
of funds to use
174 millions of pounds
amount of
the total
rates of interest,
in the loan
more than
eight times
invested capital.
With high
sterling, or
their
own
The} have thus a
market amounting to
might be easy to see how, by wielding
174 millions of money in loans and discounts, every day of
the year, a large aggregate of profits could accumulate to
it
The aggregate of the cotton t.ax
collected while the laws were in force, from 1863 to
Hence
1868, be divided among 21 millions of share capital.
inclusive
some of the more fortunate corporations can earn, as the
National Discount Company has done, from 15 to 18 per
cent, for several successive years.
But ibr soma tirrie past
l.TrS.993
J2** »"" >'?"')
V" >
—
the
^^'\
English
•"•
money
•
'•
market
has
ruled
18,409,655
at rates so low and
J«S S'"
1868 (flscil jear). ..:,..„,.,!... ..........;
unremunerative that some excessive risks must of necessity
88,500,948
'•**»'•
t68,(m,388 be taken for the sake of keeping heavy balances employed
During the years 1866 and 1867 there was collected by and gaining larger profits. And to this there is the more
Ti-easury special agents an aggregate tax of $2,018,319 temptation, as the discount companies piy interest on all
i > the late insurrectionary States, the most of which
was on th«-ir deposits, and the joint stock banks on apart of theirs.
co'.ton
so that the tax it is now proposed to refund amounts Tue large disproportion between the capital which is to
'•
;
1
1
receive dividends and the loanable funds which these insti-
seventy millions.
Of course
the fate of a
o the Treasury
extent
is
for such
is
project for such a vast depletion
sealed the
moment
disclosed to the people.
schemes
in
is
times ox)ntrive to do
its
real
purpose and
The only hope of success
avoiding publicity which they some-
till
opposition
is
too late.
It is,
how,
tutions control in order to earn the dividends, appears, then,
be one of the reasons of which we are
to
A
by
why
second rea on
these
in search.
such large dividends can be earhed
London banks
is
that, for the
most
part, they
escape the risk and cost of keeping their cash reserve in
their own vaults.
How much cash they actually ke«pi by
The presence and clam- them is uncertain. They are not compelled to publish any
these eleemosymry applicants at the statement of their cash ri serves, and there is no doubt that
ever, but a single one of the projects
of simi'ar character
8 iliciting favor before Congress.
orous importunity of
Treasury tends to give an uncertain'y to the revenue and
injure the pjosptcts of
wholesome
to
practically they
the
tax reform.
Bank
of
all
depend on the specie
England.
If this
never been disputed, then
THE
Some
BAM
OF ENGLAND AND ITS AEIGHBORS.
of the most interesting and practically suggestive
chtpter.'*
in
the history of
modern
finance relate to the
it
is
be
so,
not easy to see
for the
growing demands upon
strength as to control that very institution
bank counter 25 millions. The total
bilities of the Bank of England itself,
their
power.
It is
to
which they
a significant f^ct that these establish-
it
lias
the
25
it.
This reserve of coin has two functions.
do duty as a basis
owe
how
millions of gold reserve held in those vaults can be adequate
development and future prospects of those great credit
institutions which have grown up under the shadow of the
Batik of England, and have put forth of late such prodigious
past
the vaults of
in
and we believe
posits
of
millions
;
First
it
has to
Bank of Enijland's private de25 millions; for its government deposits say 4
and for
for the
its
circulation which
is
redeemable at the
is .54
millions of
ngair.st
which
it
lia-
holds
ments with only 21 millions of capital control deposits of 25 millions of gold, or 45-4 per cent., which
m \ery good
103 millions sterling, while the Bank of England with all average.
to keep reServe
simply
h^d
bank
the
then
If
its prestige un
« government institution holds but ?5 enough for its own liabilities it is well armed against all
i-;
;
:
THE CHRONICLE.
280
The
panics.
possible Bhocks and assaults even in the worst
latitudes, and call
risks of financial storms vary in different
New York 25
in
Here
reserve.
of
amounts
different
for
for
per cent is the minimum which experience prescribes
our metropolitan banks. This average of cash reserves has
House, and
for many years been enforced by the Clearing
Currency
National
injour
since 1863 it has been embodied
[March
of January to $62,933,500
on the 24th of February, and the excess
fell off from
$9,225,735 at the former date to $2,568,025 at the latter.
One o^
the principal causes of this decline in the reserves was found in
the decrease of the specie in bank, which was $25,228,300 at the
beginning, against $17,890,600 on the 24th a large proportion of
—
amount thus withdrawn having gone into the Sub- TreasuryIn addition to the closer movement of the banks, there was.
the
during the latter part of the month, the disturbing element of a
The importance and adequacy of this reserve have rumored attempt to force an
never been doubted. The Bank of England would be better old trick of "locking up"
still, if
the neighboring binks were compelled as
own reserves. It holds coin to an
ours are to keep their
•mount exceeding
lions sterling or
the average of
60 millions
a glance at the table given
But
25 per
bilities
It protects
25 millions of reserve
not only the 54 millions of
Bank of England but
of the
by 12 mil-
above shows the extent of
the additional inabilities which the
really protects.
cent,
of dollar?.
it is
lia-
almost the only
re-
serve held against 153 millions sterling of other deposits;
making the whole superstructure Discredit built up on this
25 million basis, no less than 207 millions slerling. As to
whether
some smaller sum may be
reserve or
this
the
1872.
of leserves above the 25 per cent, legal requirement
law.
provided
2,
money by the
There were decided
stringency in
artificial
legal tenders.
evidences
of the existence of a speculative combination for
purpose, quite sufflcient to affect unfavorably a market
already tending to firmness from natural causes, but the movements of the clique were not very clearly developed, and the
this
actual extent to
which
their operations
were carried was never
shown.
fully
In Government bonds the most important feature was the
depression which occurred about the 8th of the month, in consequence of the discussions in England regarding the Alabama
Prices fell off materially in London and the continental
markets, and the recovery was comparatively slow. There was
much less excitement in our own market than in London, but
prices necessarily declined in sympathy with the foreign quotation the low prices here, however, were immediately followed
claims.
;
proper average
tigate.
We
no part of our present purpose
by a good demand from home purchasers, and this support did
merely raise the question for the purpose of much to restore a firmer tone, and bring about a partial recovery
it is
bringing into clearer light this second reason
London are able
great banks in
institutions relieve themselves
to inves-
why
to earn large profiis.
from the burden and
certain
legiti-
in its
will sooner or later
Ever
financial policy.
ele-
compel a change
1844 that
since its charter of
venerable institution, which is justly regarded at ho.me and
abroad as the best-managed bank in Europe, has been enthroned as paramount over the movements of the rate of
throughout the commercial world. The London
money market, at least, was, until last summer, supposed to
interest
be under the absolute power of the Bank of England.
It is
true the old prerogative received a rude check during
the
panic of 1866,
take in the
when it was wrongly used to repair a mismovements of the coin reserve which had been
previously allowed to run below the level of safety.
gold reserve was suffering severely under the panic.
The
The
gorernment had to interfere. The bank-restriction law had
to be suspended, and the last
great effort was made
to at-
tract gold to the bank coffers without
having recourse to the
ancient and obvious plan of purchasing
it directly from foreign markets.
As
a debtor country,
movements, which are
we
full
are closely concerned
in these
of suggestive warning for the
future.
Eifleen hundred millions of our securities are
held
in Europe.
Capital is likely for many years to flow this
way, and to swell to much loftier
magnitude our stupendous
pyramid of foreign obligations.
financial operations, as well
as for
5
6
7...
.
8
9
10
12
13
14
16
16
17
19
20
21
108%
108%
106X
108%
108%
108%
108%
107%
107%
108%
108%
108%
108%
108%
Gs'Sl 5-209 5-80s 5-208 5-209 5-208 S-SOs 10-40s 10-40« 6s
rcR. coup. 1862. 1864. 1865. 1865n. 1867. 1868. reg. coup. cnr.
lllJi llOX 112
115M 110%
112>i 107x llOX
107% IIOX 114X
114?i 115% llOX 110%' lllJi 110« 112
114% 115% 110% llOX lllX 110>f 112
112% 107
110% 114V
llSif 110% 110% lllJi llOX 111%
107
llOV
112
112)^107
110% 114V
114X 115)< 110«i llOSf 1113i
114% 115
107
110% 114V
110>i 110% 1113i 110>f 111% 112
114% 114% 110% 110
110% 110
111% 111% 106% 109% 114%
114
114% 110% 110% 111% 110% 111% 111% 106% 109% 114
1U%
nQ%
MX
114
114
114%
114%
114%
114%
108% 114%
108% lUX
108% 114%
108% 114%
114%
114%
115%
115%
115%
115%
110%
110%
110%
110%
110%
110%
110%
110%
110%
111%
111%
111%
111
111
11,%
111
111
111%
115
110% 110% 111%
115% 110% 110% 111%
115% 110% 110% 111%
115% 110% 111
111%
22;....
23
24.
26
27
28
29
..
110% 111%
111%
111%
111%
111%
111%
111%
111%
111%
111%
mx
lUU
U2H
lUV
lllK 106%
106%
112% 107
112% 107
112% 107%
112%
112
106%
112% lOT
112
107%
112% 107%
112
110%
110%
110%
110%
110%
110%
111%
110%
110
113J<
110% 114
114%
110% 114%
110% 114%
110% 114%
110% 114
110% 114
110% 114%
110% 114
llOJf
(Holiday.)
108%
108%
108%
108%
108%
108%
114
115%
114% 115%
114% 115%
114% 115%
114% 115%
114
115%
110% 110% 111%
111
111%
111
1!1% 111
111% 111% 111%
111% 111% 111%
111% 111% 111%
111
Open'g 108% 114% 115% 110% 110%
High'st 108% 114% 115% 111% 111%
Lowest 107% 114
114% 110% 110
Closin? 108% 114
115% 111% 111%
CLOSrNG PRICE8 OP 00N80LB
AND
110%
110%
110%
110%
110%
111%
111%
111%
111%
mx
112% 107%
106%
112%
112% 107%
112
107%
111%
112
for
5-20
mon.
1862
107
U. B. BZCX7IUTIES
Date.
5-20, 10-40
for
mon
1867.
Monday
5l 92% 92% 92%
Tuesday
6 92% 92% 92%
Wednesday.. 7 92% 92% 92%
„
Thursday .... 8 91% 91% 91%
Friday
9 91% 91% 91%
Saturday
10
91% 91%
Monday
12 91% 91% 91%
Tuesday
13' 92%
91% 92%
Wednesday.. 14' 92% 91% 92%
'
Thursday
15
91% 92%
Friday
16 92% 91% 92%
Saturday
17 92% 91% 92%
Monday
19 92% 91% 92%
113%
AT LONDON IN PEBHUABT
Cons U.S.
Thursday.. ..11 92% 92% 92%
Friday
2 92% 92% 92%
Saturday
3 92% 92% 92%
114
114
114
114
114
111% 110% 112
112% 107
110% 114%
111% 110% 112
112% 107X 110% 114%
110% 110
111% 111% 106% 109% 113%
111% 110% 111% 118
107
110% 113%
Cons U.S.
Date.
110%
110%
110%
110%
110%
110%
112
I
5-20,
5-20,
92% 88>*
92% 88%
92
92
92
92
day.
92
1
Monday
92% 91%
26
10-40
1862. 1867.
Tuesday
201 92% 91%
Wednesday.. .21 92% 91%
Thursday.... 22 92% 91%
Friday
23 92% 91%
Saturday
24 92% 91%
91%
91%
91%
91%
91%
90%
89%
88%
88%
Tuesday
27
HoU
-Wednesday.. 28 92% 91%
88%
29 92X 91% 92% 88X
89% Thursday
90
90%
90%
x88%
88%
88%
88%
Opening
Highest
I
Lowest
I
Closing
Lowest
I
High' t.
1
92%
92%
91%
92%
91%
Since
(Jan. l.| 93
I
I
92% 92% 91%
92%,
92% 91%
_
91% 91% 88
I
91%l B2%| 88%
91%! 91J^ »»
92%l 94X1 92%
so clearly defined as is sometimes the case. In the absence of a general speculative movement
the interest of the market centered largely in specialties, and
position of leading operators not
Hannibal and St. Joseph, Union Pacific, Chicago and NorthWestern, Pacific Mail, and some other stocks, monopolized, by
some anxiety the re- turns, the attention of Wall street. An issue of 50,000 shares of
and future, of the Bank of additional common stock by the new management of the Hannibal
*.ngland ; or should feel a
special interest if the vast opera- and St. Joseph Railroad Company caused much excitement
tionsof the other London
banks threaten the old equilibrium among brokers, as the new stock was offered for delivery
on contracts the same as old, the Governing Committee of
of monetary forces or
augur future trouble.
the Stock Exchange decided, however, that the new stock would
not be a good delivery till thirty days after notice of its issue.
REVIEW OF THE MONTH OF FEBRUARY.
The following table will show the opening, highest, lowest and
The money market during
February was somewhat irregular
closing prices of railway and miscellaneous stocks daring the
«!• Daak reserves were drawn
down ttvm $71,566,500 on the 27th months of January and Febroaiy,
1873
wrves and the
scrutinize with
policy, present
.
The general tone of the stock market was irregular, and
Moreover, for these great no decided movement was shown in either direction. The
some 800 millions a year temper of speculation was somewhat confused, and the
of foreign exchanges growing
out of our exterior commerce,
London is the great Clearing House, and the
present or prospective state of the British
loan market is a matter of increasing moment.
It is not unnatural, therefore, that
our
moneyed men should
coup.
a
3
in the
money market, and
Feb.
1
monetary situation. The new
financial forces we have been discussing impair the old control and prescriptive powers of the Bank of England over
the
PRICES OF QOTZBNXSNT BBCTTRITISg IH rsBBUAST, 187S.
58 '81 fund. 68'81
mate expense of keeping their own reserves.
This whole discussion brings before us one of the
ments of weakness
in prices.
Those
—
—
March
THE CHRONICLE.
1872.]
2,
Pebniary
Opao. High. Low.
-January
Omn.
Rallmntl Stocks& Terro Ilautc
h
M
Alt.
do
do
prcf.
AlhAiiy tt StiMiuvliAnim.
Bohtou, lliirtford * Erlu
Uhlcjui)
Ui
do
do
nri-f....
£ Qiilm-y
Nortiiwi'ufii
ji
TJH^
m
do prrf. !«>,'
A Rock iKland. 107^
Cinn., Hnni. tt Dayton
Columh.,
SO
t'hic. IL Ind. f.
A
CIcvc.
at
l»
as
57
li't
m«
90
Pittsbuf!,'
do
Col. Cin. ftlnd..
•& StoQxClry
Del., Luck. *\Vc»lirn.. 104>f
Dnbaqu»
193i
89)tf
90X
88>j
100
103>i
M
lU
118X
do
do
&
.loliut
pref.
4
N. Haven
Chicago
9«>f
lUinoin (-YMUral
1.30
M
M
Longliiland
& Mich. South
do acrip.
A Cin., l9t
Lake Slio.
do
85K
Marietla
MIclilsHu Ccnlral
Milwaukee
do
A
St.
do
Morris AEasex
New Jersey
!15
65%
SOU
Paul..
prof.
(«
127
do Central
109K
do do Ld Imp. Co 70>^
do do scrip
10»
N. Y.Ceu. All. R Stock 955i
»crip
do
»0>i
AN. Haven 112
do
i:o
do scrip. 135
O^io A Miasiaslppi
4Hiii
do
do
pref. 75
.
Panama
Pitts
.
K.
A Chl.goar
W.
Heading
Ron>e AWatcrlowti....
Rents. A Saralo^a
St. Louis A Iron Moun.
Second Avenue
72
96
112
i*7)i
9»X
130
fia
89^
85«
OS),'
8«X
62
83
(W
147
113,'i
107
98*i
135
49|^
76
80
U7X
1I6«
96
22
118)tf
119X
112
72
106
57 »i
78 Si
93
12'.«
112
75
106
¥
l;36
1:36
45,>i
47,'i
75
78
97 Ji
75
78
75
97
lUJi
99X
115 Ji
77
85
65K
37X
sax
>6X
31Ji
.34 Ji
75
75
39K
35j!f
.37
52
52
43
20
60
mx
10:3
2«
67Ji
214
42
23
62
212}i
2lax
BOH
61>g
56X
81 Ji
76
81
52
45
22
67
21s
56 >i
100
103
76 ^
85
mi
't'k
Vi
31>4
30
68Ji
90
51
27«
30«
iv/,
33>i
71
723i
92
61
W>>i
63
144
tiO)s?
1.1
6«>f
llHHi
61
6
223
23^3
63
62Ji
119X
39>i
72>i
94
69 Ji
67^
74>i
120)^
"
6
223
34
3
3»i?«
92«
61«
119)i
5rtJi
79
X
%
29X
2AX
X
%
3SX
90X
31i<
69
92
61 )i
my,
63
62 Ji
119
73>i
120
216"
2i6"
92
92
mx
WX
'
210
92
aio
92
February bad a decided tendency to firmness, the principal causes of tliia change in tone being found in
the decrease of the available supply of cash gold, the excitement
which arose upon the discussion of the Alabama claims, high
rates for foreign exchange, and an increasing feeling among some
foreign bankers that gold would probably rule higher hereafter.
in
The March
interest is not a very heavy disbursement, and the
impression prevailed that the $40,000,000 of Five-Twenties to be
redeemed in that month would not necessarily result in throwing
a superabundance of ca,sh gold on the market.
COURSE OF OOLD IN FEBRUARY,
Date.
1872.
Date.
uoy,
24 111
llOJi in
26 noji'noMiuoji way.
1 ;09J4 109>i 110
109« Saturday
(Monday
2|109«
-~- 109X 109^ 109X
~ 109Jiil09ii|lil9J4
3
109 Ji Tuesday
Thursday
Friday
Saturday.
Monday.
Tuesday
5 110X110
!10H;!10>i
6'110
lOnji llOJijllO
109J,|llO><110,i.'
Wednesday... 7|110
27|n0X110?iill0«
WX llO'i llOK 110>i
\\OX.Wi% IXOX llOH
Wednesday
Thursday
.
Thursday
.... SjllOfJ iioxiiioxliiox
Friday
9 llOJilllOX HOXlHOJi
Saturday ....lolllOX llO^'lIOJi 110)^ Feb., 1872....
Monday
1871
12|110M 110>i'll<i>illlOH
Tuesday
13 110K'110>i|110'i|110K
Fob.
1..
a.,
s
.
5
.
6..
7..
8..
9..
.
12..
13..
14..
15..
16..
,
60 days.
lOB/iCJlOO
109 aioo^
109 6^W.I%
109 ffiWUi
109 fdlO'l^
W\
,
.
3 day*.
«0 daya,
I09t<@109K
Ill9«iiai09>i
I09H®100»i
10!IH(ai095i
(iJIOM'i
109 (liion^
109 iiWiy,
109X((4 . .
looj^ra
..
v:»y,S,imx
loosi^iog^
&
®
&
....
no
no
no
I09X5il09)i
110
m\o%
109i((iil09?^i
no
no
@iio>i
®iiO)i
.
.
lOBJiS
109Ji®109Ji
.
..
...
...
Feb.
17...
looxaioRK
109XA109X
.
19...
so...
21...
22...
23...
.
Sdaya.
"
i:o
\my,&v»x
lioxi
iioxi
109X®I09V
110J<i
maa
-
nax
1I0«
<HolldaT.)
noxffi
iiox«
24...
26...
27 ..
28...
29...
,v»x
I10X«^
xwxi, \lf»X
110x2
110x1
109J,£
mxl \mx
Range...
109X4 (109X
no
lOex^lOOX
lOSXdHOX
CURRENT TOPICS.
The Niagara Ship Canal and the Produck Kxchanoe.
—The recent action of the New York Produce Exchange with
regard to the scheme of a ship canal round the falls of Niagara,
seems to us illiberal and ill-advised, and calculated to injure,
rather than protect, the commercial interests of this port. The
resolution adopted as expressing the sense of the meeting was to
bill now before the Legislature permitting the
construction of such a canal " has mainly for its object the diversion of trade from this city and state," and " that while the realiza-
the etfect that the
scheme may atford one or two localities of this Btate
some immediate benefit," this benefit is of far less consequence
than the diversion of trade from our canals and railroads, and
" therefore it should not be entertained by the Legislature of th
state." This resolution did not express the unanimous sentiment of
the members present at the meeting, but it was carried after considerable debate, and a committee was appointed to present the res-
tion of this
;
our citizens to devise some other facilities for transportation which
shall be still better, and thus retain and expand our present
We beseech our Produce Exchange friends not to put
trade.
the city in bo pitiable a position as that of opposing any
enterprise on the narrow ground of injury to any particular community. If it is of benefit to the many, personal or even city cou
sideratioua are of little
109% 109X 111
110^
lllJi llOJi
110J4
n2X
121i<|ll5)t|l2;«lll5X
130%'136)i|131H
140>i|139Jiil44 |141^
1870
1869
bill in question. We do not believe the proposed canal will be built
by the general government and, for reasons before presented in
these columns, we doubt if it will be undertaken as a private
enterprise for a long time to come, if ever but were the immedi.
ate construction of such a canal probable, the Produce Exchanga
should remember that any opposition to it based upon purely
selfish considerations of local interest would, by adding to its
importance, strengthen the confidence of those interested in its
completion. If the Niagara ship canal is needed and will, whea
finished, serve the purpose tor which it is designed, it should and,
doubtless, will be built, for in that case, it would enable the West
to obtain a higher price for its productions, by reason of the
opening of a cheaper outlet to the seaboard, and neither this city
nor stcte can afford, under such circumstances, to occupy the
unenviable position of forbidding its completion. On the other
band, if it is not needed, no paying traffic can be developed, no
trade diverted, for it is evident that diversion of trade is never
possible, except on a very limited scale, until a new channel has
been opened that is better than the old one. Where trade once
centres capital accumulates, facilities for storing, handling and
diiitributing merchandise are multiplied, and local commercial
This must all be
interests are strengthened in a thousand ways.
overcome before any injury to the trade of this city can be effected,
ind if the new route is to be so successful as to accomplish so
much, then we think it a necessity and hope it will be opened,
and we shall have to trust to the shrewdness and public spirit of
;
20 i(
65
215
5««
2
IV
26X
52
4.3>^
215
60K
81 Ji
Brok. Asso
The gold marset
80
45
22
67
215
29^
6
112>i
100
lo-ax
;
olution to the Legislature as a protest against the passage of the
fi5'i
6
9SX
Uifi
87«
6\X
223
41«
73
78
65 1<
80
M«
74Jtf
Manhattan Gas
1.3U
43 !i
73
78
97
65
59H
12:1
mx
1145i
100 1<
102 1^
ma
Canal
Brunswick City Land ...
106
97?i
93 !i
97
100
2
II ud
75
la's
46
40
23
56>i
lllJi
106
96,»i
75Ji
9i\
72
92Ji
140
136
4ti
9-2\
no
98>tf
45>tf
SlJi
8H>4
22
119
50;;
77 Si
125
125
94
142Ji
39«
American M. Union
United States
Wells, Far 'O A Co
74X
9iX
97X
39
3
R6>i
22
117
55
93
142Ji
87Jf
88
\ii
26!^
31
70 Ji
mx
93
143
B1>i
88
42Ji
46
107«
92)<
88
22
126«
74J4
87
4*1
1.34>^
111
WX
32W
62
130
127
70J<
86
88
100
Gl<^
87><
.30
28r
foreign account, bad a tendrnny to keep sxcbanga down b««,
with the removal of these causes, and the return of lomn governmont bonds, in consequence of the treaty dlBcnBBion^ iho marker
immediately took an upward turn.
8TCRI.INO EXCBANUK FOB rSBUVAItT, U7».
10
133
nOK
55«
112
135
41.^
74
72
955i
lllJi
97 )i
100
fiOii
104
130
74
92 Ji
MSi
UiH
102^
156M
55M-
Hii
90^
70
B««
903i
107
97 )i
70
166«
9.3
102
22
90
88>i
104
83>i
61
117
66
71X
ma
90
88
67M
74K
WX
llIX
166«
67
5.3 ;<
147
108Ji
116
160X
117
47X
9«
71X
1111,'i
1.36
62
109
87><
58
74 Ji
5»X
MV
^^
70
SO?,'
115
IIS
119«
««
93
3,'.'
117
*8K
103
9i>i
130
S9>i
Adams
A
W
3X
naii llOX
tin
«IK
48X
65X
S9X
72%
Quicksilver
do
pref
West. Union Telegraph.
B^tukers'
(«)i
LIS
*Tii
64Ji
69
65
28)^
Mariposa
Mariposa pref
A
&HM
71X
65
.
Del.
-10
65
Miscellaneous
Consolidated Coal
39>f
Cnmborland Coal A Iron. 46
American Coal
44
Maryland Coal
a4>i
Sprini? Mountain Coal
67
Pennsvh aula Coal
214
PacificMall
53«
Canton
76
llOK
lot
80
66
116
100
59
Wab. A Weatem..
do
pref.
do
Warren RR
'MX
88
70
.
Tol.,
90
92
...
ITnlonPaciflc
"Xi'i
92«
125
143
93
M»i
ia9?i
a8«
Harlfoid
73«
92
67
63
07
9:1
117
91 ii
31
US
»4X
123
125
143
77 »i
*%
ma
94X
93
flijf
lOSX
57"
121
7.-.X
!''><
—
Cloa.
56
57
73,>i
6l«
Joseph..
M
nyi
\n
do preferred
Httrlem
Jt St.
as
57
93
MIV
IIH
Krie
Hannibal
Clos.
35<
120 Ji
122
140
118
Chicoi.'O, Riirl.
Uo
do
do
High. Low.
•"i
»V
l«l
Hi
1«
Alton
Jt
.
.
.
moment.
The General Order Business.— The
letter
of
Collector
Treasury, relative to the reorgan15llI0>k 110>.' 110>i!l!0)4
Thursday
1863. ..
business, proposes a plan which
order
general
of
the
ization
Friday
1867... 135X 1.3.5M I40V 13»«i
10 llUSi \wx\\wy, \wx
not
Saturday
I860.... HOXllS.'i'ilHfln'l'in
17in0li nox|iio.',|noMl
while a vast improvement upon that now in operation, does
Monday
1865... 2041^1 Hit; ', 'Jii.^ -uriVi
WWOX llOX IMJJ 110?.-|
seem to be either the simplest or the best that could be devised.
Tueaduy
1864.... 167X115;'., nil
aOlllO'>i 110>i 110>« llO^il
VM'.i
186;!.
Wednesday. ..21 llOX no'iliioji iio'ii
157)i'l.-rf,',in2J.;;72
four or more
It provides for the division of the city into districts,
Thursday
1862.
(Ilolllday.)
.22|
103x|l02>i|lW)illf«V
war^
Friday
23|110X|llO,^|ni |110?^||S'ce Jan. 1, 1872il09?i lOWXilll llin«<
on the west side and five on tho east, In each of which one
repository of
Foreign exchange was dull during the early part of the month
house of the third class shall be designated as tho
order warebut subsequently became very firm, and rates were advanced to goods bonded under general order. Several general
and Hunter s
109| for prime 60 days sterling and llOf lor short sight but from houses are also to be esUblished in Brooklyn
proposes to permit the
these prices^there was a reaction to 109^ and 1101 at the close
Point. In addition to this the Collector
w»rehou.e. of tha
During January the negotiation of some considerable amounts Of steamship companies to select any one of the
discharge, for tho
railroad and other bonds abroad, and large purchases here on third class in the districts in which these ship*
Wednesday
.14 llO.'i 110', IIU',
110.1,
l:i6M'
.
.
.
.
.
;
Arthur
to the Secretary of the
— ———
.
,
:
:
.
THE CHRONICLE.
262
tUo condition that no
storage of unclaimed goods, subject to
or interest in the
owne°r or agent of the line shall have any share
the serious obto
open
is
This
plan
designated.
thus
warehouse
custody of geneial
jection that it admits of no competition for the
order goods, but gives to particular warehouses the monopoly of
the business in their respective districts, and admits of the exerCollector in designating
cise of favoritism on the part of the
which shall have the business. A much better plan would be to
allow all warehouses of the third class to compete for the busi.
bringing goods to
ness, and make the owners or agents of vessels
the port responsible for their safety in the hands of those to
they may entrust them. Mr. Boutwell's plan, which pro.
poses that the Oover.iment shall rent a building for general order
stores, and charge importers whose gooda may be placed therein
whom
sum just sufficient to pay for their maintenance is, we think,
even more objectionable than that propo.ted by Collector Arthur,
since it would necessarily place the general order business in the
hands of Government ollicers who, if not " irresponsible " in the
discharge of their duties, would be wholly beyond any control
save that of the political inHuences wliich should appoint them
Mnrchl,
and keep them in it. Nothing is so likely to secure
permanent reforms in the general order business as healthy competition among responsible warehouse men, and nothing so likely
to corrupt and demoralize it as monopoly in any form.
290,619,762
BONDS IgSUED TO PACIFIC RAILWAY
CCHPANY, INTEREST PATABLE IN
LAWFL'L MONEY.
Principal outatandiug.
The
L.4R0E Subsidies.— The House Committee on Commerce have
appears agreed to report a bill which proposes to revive our
commerce by the payment of large bounties to shipbuilders and
shipowners. It provides that the Secretary of the Treasury, the
War, the Postmaster-General and the Secretary of
the Interior shall constitute a National Board of Commerce with
power to contract for a line of steamers from this port to England
and the Continent of Kuropo another from some other Atlantic
port doubtless meaning PhilaJelphia to Europe a third from
Secretary of
;
—
—
New York
$6(,023,312
.
decrease in the debt during the
month
.3,117,125
11,154,745
of February wa.i
CHANGES IJi THE REUEii.^DiU AGENTS UE NATiOXAIi BANKS
The following are the changes in the Redeeming Agents of
National Banks since the 31st of February, 1873. These weekly
changes are furnished by, and published in accordance with, aii
arrangement made with the Comptroller of the Currency
NAUX or BANK.
New York
BEDRE»INO AQENT.
The
The Importers' ami Traders' National
Bank of New York, approved in
place of the National Bank of the
National Albany City Bank.
Albany
State of
New
York.
Kansas
Ottawa
Delaware
Wilmington
The People's Nat'l The Ninth National Bank of New
Bank
Y'ork, approved.
The First National The Fourth National Bank of New
Bank
Y'ork, approved in pluceof Ihe Niutli
North Carolina -
The Citizens' Nafl, The Continental National Bank of
Bank
New York, approved as an addi-
i
J
National B.^nk of
I
Ealeigh
York.
The First National iThe Fourth Nation,-!! Bank of New
Bank
Y'ork, approved in i)lace of the Central National Bank of New York.
The First National, The St. Louis National Bank of St.
Bank
Louis, approved.
The Ilolliston Na- The Nation 1 Bank of the Commontional Bank
wealth. Boston^ approved in place of
the Suffolk National Bank of Boston.
The State National The First National Bunk of New York
Bank
and the I'nion National Bank of
Kansas
Wichita
Massachnsetts-
I
Holliston
NebraskaLincoln
New
tional redemption agent.
New York
.
I
Chicago, apjtroved.
Ohio—
The First National The Fourth National Bank of New
Bank
York, approved in place of the Ninth
Nationsl Bank of New Yoik.
ThoDeWilt County The Cook County National Bank of
t'anton..
|
Illinois
t'linton.
National Bank.
;
Mexico; a fourth from San Francisco to Au.itralia
and the East Indies; and a fifth from New Orleans to Mexico;
and to pay in bounties to the shipping thus contracted for, ^ilO
per ton per annum for five years on not, more than .100,000 tons.
The amount of the bounties payable the first year is limited to
|100,000, of which $.jO,000 is to be distributed to the Atlantic and
.
646,2.33
14,6.31,870
$13,391,450; coin balance, $110,405,319; currency, $14,463,426;
coin certificates, $35,530,000.
Havana
it
March
1869, to
1,1872
1872.
2,
Interest accrued and not
yet paid
Interest
paid by tlie
United Slates
Interest repaid liy transliortation of maiis, &c.
Balance of interest paid
by the United States..
Decrease of debt from
a
to office
[March
Chicago, approved.
..I
New
to
The following is
the 31st instant, viz.
Oftlcial No.
National BankH.
a list of National Banks organized
sines
for tonnage constructed on the Lakes, the Ohio and the Mississippi
rivers— $10 per ton for iron vessels, |8 per ton for wooden ships
1,S41— The Moline National Bank, Moline, 111. Authorized capital. $100,000;
paid in capital. flOO.OtW. S. W. Wheelnck, President; C. W. Lobdell, Cashier.
Authorized to commence business Feb. 38, 1872.
1,942— The Oucrusey National Bank of Cambridge, Ohio. Authorized capital,
$100,000: paid in capital, $.5,5,000. J. D. Taylor, President ,VV. A.
Lawrence, Cashier. Authorized to commence'bnsincss Feb. 29, 1872.
1,943— The First National Bank of Wyoming, Iowa,
.\uthorized capital.
$.50,000; paid in capiial, $40,000.
Hiram Smith, President;
.
Cashier, .\nthorized to commence business Feb. 29, 1-172.
over 400 tons burden, and $6 per ton for wooden ships less than
400 and over 300 tons. The Board is also authorized to award
£otc0t illonctarji antr Commercial €iigli0l)
Gulf, lines, $25,000 to the lines sailing on the Pacific, and
|2.'),000
bounties to lines now subsidized, the same as to new lines, including the San Francisco and China, and the New York and Brazil
lines.
Should the expectations of those framing this bill be
realized, and iron tonnage be built within the next five
years to
the extent of 500,000 tons, the amount drawn from the
Treasury
in compliance with its provisions during that time
would be not
less than $35,000,000, besides what would
be paid
for
vessels
and
lines already established.
From such
and we are
subsidizing no good can finally result,
confident that
It will not meet public approval.
That our commerce does not
increase as rapiJly as it should is, obviously,
due to
some cause
which can be discerned and removed, and not
to the want
ficient private capital and enterprise
and the payment of
suf
millions
;
which no equivathe Government would if it
accomplished anything, unduly stimulate
shipbuilding without
rendering it any more possible than
now for the lines thus organized to enter into successful
competition with foreign carriers
"iners. is
Is
such a result desirable ?
/-'T'- ^»"«-i"g
pImcZuT:
EXCHANGE A.T LONDON—
FEBRUARY 16.
Public Debt Statement,
"'"^f for the month
ending Feb 29 has been
received by telegraph to-night
DIBT BEARIxa INTEKEST is COIN
Fractional curroncv.
Bonds ath percent
41 4<)1 300
ti 4iir 750 500
Coincertiflcatoa..."
Bonds at per cent
3U;5i!o;(XIO
'.^SJ^.sbg^TOO
.
.
short.
3
.
,5
DEBT SBARIKO INTEREST
KONEY.
.32S99227
IS
KiSi^d
LVWrpi
fiTS
nm
Havana
...
.
Feb." 15.
eo'dsys.
Feb.' in.
30
BotM
Jan.
Jan.
22.
26.
Jan.
28.
days
i09}i
24>!
24,»i@25
. .
Pernambuco
.
Singapore
60 days.
4s. id.
4«. Sd.
Hong Kong..
Ceylon
1
Bombay
Jan. 24.
6 mos.
Feb.
IS.
6
mos.
Feb.'id.
6
mos.
llHd.
Madras
Calcutta
days.
25@25V
u.'si.
per cent. dia.
Is.
.30
9o'day8.
is-Yid.
}( per cent dls.
IFrom our own correspondent.!
LOKDON, Saturday, Feb. 17.
tion,
tI,67».M!
"EBT LESS CAKII IN THE TREASHHT.
March 1, 187J
»2.22.1.81.1,4»7
S70 ' S08
"j"*'"' 8«*«"«» NO INTERKST.
<MJ
Old
demand and legal
tender
....
$124 868,745
SINCE MATITRITY.
""'!','"
Smos.
iisiso
e.siji
84«,418
19J4o|oO0
DEBT ON WHICH INTEnEHT HAS CEA9E1)
ff
Peb."l6.
short.
....
Rio de Janeiro
Bahia
>;°','I-
sided.
interest
3 mos.
11.95
26.37>i
13.6J4
25.48
The excitement respecting the United States claims upon this
country under the Treaty of Wasliington has very nearly sub-
....$J.3.'50,6«2,843
CASH IN THE TREaVuRV.'
14000000
^ssTsis.oflo
fnl^™!?'
I"'*™"'-
Feb.' 16.
Jamaica
1112,317,249,713
Total
1
BATE.
$:io,405,.')i9
'
percent
CertiacatosatSpercent.
3mos.
"
@25.52,V,
Frankfort ..
119,>i@119>i
•«^
St. Petersburg
Cadiz
48?,.®48Ji
Lisbon. ...
90 days.
523,'@,52%
Milan
3 months. 27.80 ®27 85
Genoa
27.80 @27.85
Naples
«7.80 @'27.85
interest:::; *^'-'^-Sl
TOTAL DEBT.
V'1»'^'P?1
Certiflcaten of Indebtedneas at 4 per cent
Navy pension fund at 3
9«@;3.10
@25.85
@!1.70
6.i4Ji@ 6.25)i
New Y'ork
TIME.
16.
Feb.
months, 25.57>(f@25.62,V
short.
25.45
3 months. 25.80
11.65
Vienna
Sydney
.$Mi?UM:S)
f„'i""'7'
IDtert'Dt
®I2
11.19
13.
Paris
Paris
Valparaiso
recapitulation of the
EXCHANGE
LATEST
DATE.
RATE.
Amsterdam
Antwerp
Hamburg
Berlin
of
Ncrou.
RATBS OF BXOHANGE AT I.ONDON, AND ON LONDON
AT LATEST DATES.
wooden
indiscriminate
of dollars of the public money in
subsidies for
lent would or could be rendered,
;
»8n^9UM
'"'°'»'
Fuhnmry
1,
1872
Uccrcasc of debt during
the past month
Decrease of debt since
»l»rchj, 18T1
2,S.'«,204,!I1<,1
12,S»1,451
94,895,848
The Government have been almost
ques
has been almost
entirely dropped. The country, however, is extremely anxious
that the difficulties which have arisen shall be arranged
and
that the negotiations be allowed to proceed, so
that our difliculties
with the United States on the Alabama
question may be set at
rest forever.
The people will hftll with satlgfactlon a Minis
and
in
commercial
silent tipon the
circles its discussion
;
:
:
:
March
:
1872
2,
annoancement that tha exiatiog hindrance
beon removed.
tlationa haa
The buying of spring goods is becoming very general
and foreign houses are operating freely. Hence, the trade of the
country is very satisfactory and there is still the complaint that
coal cannot be raised with sufficient rapidity to meet the require,
ments of all classes of consumers.
active,
;
A feature of no inconriderable importance in the commercial
world this weelt is the great activity with which the public sales
of Colonial wool are progressing. They opened at an advance in
price of about 2d. per lb., but a further improvement has since
taken place. Washed and scoured wool now shows a rise of 3d. to
4d.;
Cape wool,
:
.
;
THE CHRONICLE
]
to the negoIn consequence of the calmer
feeling which prevails, trade has been more active, and those
articles which declined in price last week have recovered to
their former position. Most branches of biisineBS are now very
terifti
:
.
,
263
Frankfort
Vienna and Trieste.
Rom*
.
s
.
B
Antwerp
Bremen
Madrid, Cadiz and Barcelona
6
^u
3
.'..".'.','.'.
I-elpzIg
4W
4J<
Gold has been in demand for export, but chiefly for Indi*
and
South America. Silver, which was in demand in the early part
of the week, has since become loss active.
Old Mexican dollars
are very scarce, and for now dollars there is a strong demand
The following prices of bullion are from the circular of Messrs
Pixley, Abell, Langley & Blake
1.
Bar Oold
Bar (told, fine
Bardold, Ucnnablo
South American Donliloons
United States Uold Coin
a.
d.
s.
per or,, standard
ri 9Hiirt 10
per oz. standard. 77 lOXO
per oz. standard, last price. 77 HMi i73
per oz. 74
(
per oz. none here 76 3 (
4
i
I
wm
s.
d.
d.
s.
and greasy Australia wool, 2d. per lb. This
due, in a great measure, to the large purchases made by French buyers, and it is quite probable that these
purcliases will continue. At the present time the stocks of goods
in the French warehouses are small.
This might have been
expected after a disastrous war and the subsequent diminished
credit of the nation.
So far as wool is concerned, however, the
French are making a great effort to replenish, and they have
partially succeeded by taking about two-thirds of the supply
which has been offered at public sale in the London market. The
advance in the price of Colonial wool has naturally affected the
value of English wool, and the farmers, therefore, in addition to
the remunerative price they are receiving for beef and mutton,
Bar Silver, Fine
per oz. standard, nearest. 5 1 ®5n-16
Bar Silver, containing 5 grs. Gold, per oz. standard, last price 6 IS& ....
Fine Cake Silver
per oz.
no price.
Mexican Dollars
per oz— last price, nominal. 4 11 «-IB@ 5 1
Five Franc Pieces
peroz. 4 11X@
are also obtaining a high price for wool.
Circulation,
1 id.,
increase of activity
is
The advance which
has lately taken place is very considerable, as the following
statement will show January 1, 1871, 1.5d.; do., 1872, 27d.; present
:
price, 294d. per lb., for
Lincoln weathers.
The Board of Trade returns for January have been recently
published but the comparison with former years is delusive,
owing to the alterations which have of late been made in them.
It can be clearly seen, however, that the trade of the country last
Bills
on Paris and Italy have been in demand this week, and
Those on Germany, Austria, and Holland have
prices are lower.
been more
offered.
Annexed is a statement showing the present position of the Bank
of England, the Bank rate of discount, the price of Consols
the average quotation for English Wheat, the price of Middling
Upland Cotton, and of No. 40 Mule Yarn, fair second quality>
compared with the four previous years
1868.
including
bank post bills
Public deposits
Other deposits
Government
23,971,758
4,0»8,.'S67
20,0aj,424
securities. 1.3,4(18,079
Other securities
Reserve of notes
16,2&->,a'-.«
month was very
satisfactory, the declared value
of our
exports
12,818.989
21,192,119
2 p. c.
Coin and bullion
£18,879,9l:S0.
The exports of cotton piece goods to the
United States amounted to 34,965,320 yards, of worsted stuffs to
11,422,170 yards, and of carpets to 639,650 yards. The shipments
of railroad iron were 28,648 tons.
Money continues
demand, and the chief cause of the existing
bank statement of Wednesday evening. Tliat return, as compared with its predecessor,
shows a large increase in the " other securities," and also in the
" public deposits.'' It is evident, therefore, that a large amount
of taxation is now in course of payment, and that these payments
are not only producing an active demand for money, but are
having the effect of causing a large supply of money to be locked
animation
The
up.
in
clearly indicated in the
is
" public deposits" are
now £9,309,031, or about £1,600,000
more than at this period last year The last statement of revenue
and expenditure issued by the government gives the following
1
February
to
10
1871-2.
1870-1.
£70,413,204
£07,971,190
64,6ai,.')68
tW,181,45.
7
And
£
£
2.3,631,461
4.601.01.5
22.998,304
9,391.1.M
23.93S,.391
5.5,023,424
7,740,516
17,917,895
16,W2,989
14.070,5;i7
16,6.33,293
14.3:11,311
18,0.30.072
1'2,915,011
17,7a3,223
18,728,766
9.309.021
20.iao,l.M
18.9!B,4t4
20,031,544
10.317,015
12.224.668
18,470,9.30
3 p. c.
19,765,.5:M
3 p. c.
13.669.025
21.835.090
93
Price of wheat
..
8»id.
Is.
axd.
as some heavy payments have been made since that return
was compiled, and as, further, nearly seven weeks have to elapse
before the close of the financial year, it is expected that Mr. Lowe
9d,
ll?id.
Is. 3«id.
4l8.
have a considerable surplus to deal with. The payment of
the taxes, however, is now producing comparative stringency
hence, for barley
is
very extensive.
from Aug. 26 to the close of last week; compared with the corre.
spending period in the three previous seasons
:
rMPORTS.
1871.
1870.
CWt. 2:,108,fv%
15,727,6.30
but, as the rate of interest
5,418,9J1
4,319,138
435,860
1,689,941
9,168,033
1,691,924
3,801,082
4,077,932
891,287
789,887
7,894,919
2,190,589
;
attention.
The
low, the circumstance does not
rates for
money have
not been high
probable that if we
during the present ministry's rule but it is
should have a few years of high rates there will be an outcry that
80 large an amount of taxation falls due at one time. The prices
;
of
money
Bank
rate
8
Opcn-markot rates
80 and liU dtys' bills.
Percent.
months' bauk bills
months' bank bills
4 and 6 months' trade
are the
3
6
S!i®3)i
rates of interest allowed
stock banks and discount houses for deposits
bills.
for
money
3>i@4
by the
Percent.
2
1
an
iX
at the leading Continental cities are
as follows
Bank Open
market.
per cent, per cent.
8
5X-6
8
ji
Bank Open
market
per cent, per cent
rate,
_
,
^""••v
Amsterdam
Hamburg..
erUn
rate,
Lisbon and Oporto. ..
St. Petersburg
.
8^-4 Brussels
4
3^^
IndianCom
Flour
Tarin,
Florence
anA
1889.
22,821,2.36
3,85.3,481
5,429,862
Tii.OX,
1868.
1363?f34
5,6351128
3,1.39226
707'*«
ir)2,571
1,463,420
10.072,275
3,160,009
8,348824
1,874,184
EXPORTS.
Wheat
cwt.
Peas
Beans
Indian
Flour
Com
1,892,022
11,112
62,436
6,193
1,751
18,398
35,197
1,2,^3,237
126 TIO
25,740
524.268
80,818
42,.'>7(!
131,490
60-288
61.613
7,119
.5,767
11,.-.I0
5,5.33
1,167
3.06a
40,729
599,847
7,874
8,437
19.509
5'»
There has been a want of
joint
:
Joint stock banks
DIsrount houses at call
Discount houses with 7 days' notice.
Dlscouut houses with 11 dayi' notice
The quotations
®3V
4
8 months' billa
The following
Beans
Barley
Oats
are as follows
Percent.
Is. Jid.
92«d.
S8s. 4d.
•llJifd.
•Is. 4d.
Another week of fine weather lias passed by, and very little
There has, consequently, been no hinderance to
farm work. Plowing now seems to be in a fairly advanced state,
but the temperature is too mild for the time of year. There is,
however, some appearance of frosty weather, but the winds Ijeing
chiefly from the Sout'a, there is no expectation of this lasting
In the wheat trade, the chief feature has been an increased
demand for the better qualities of produce, which have changed
hands at extreme rates. Good malting barley continues very
firm, and fine parcels are worth 43s per quarter, which is somewhat above the average. In consequence of the activity of trade,
and the large consumption of beer in the manufacturing dis
tricts, as well as in other quarters, the demand for malt, and
Wheat
much
7d.
IXd.
rain has fallen.
Barley
Oats
Peas
attract
538.
14,240.020
2;j,878,355
3 p. c.
8.
will
is
%i^v-
92,>i
50s. 9d.
11 5-16d.
liK 3d.
73».
Mid. Upland cotton
No. 40 mule yarn
1872.
£
The following statement shows the imports and exports of
grain, &c., into and from the United Kingdom since harvest, viz.,
results
Receipts from April
Expenditures
Consols
* Price Feb.
1871.
£
am
coin
;
being
1870.
1869.
£
7
1
7
7-8
»X
Jv
activity in the Stock Exchange this
but although many weak or timid holders recklessly
parted with their stock last week, the account as been arrayed
with only two insignificant failures. A great deal of money
nevertheless, changed hands, for the losses and gains must have
been very large. This week speculators have again been buying
for the rise, and in the value of British railway shares, an im
week
;
American stocks are also
week, rather less steadineaa
Erie railway shares have been dull.
is apparent.
The following were highest and lowert prices of conwls and
the principal American securitiea on each day of the week
portant
advance
has taken place.
firmer, although at the close of the
.
.
THE CHRONICLE.
2b^4
rMSrciay.;Tiicsa-y.|Wediis'y"Thiifsd.i Friday.
i iV.'lSSi
?r
-9T
93
1887.
ll! S. 5-20's,
-..7^95-07
»9
-9;
|93
New York
-92.%',
Feb.
-97
1«5
St.
a. S.
1881.
10-40'e, 1904..-
-30
-36x's4
-....|109 -....I108X-. •|!»9 -. ...|108>j-.
'3.5
^
• Ex-coupon.
-37
35
-.37
I llinoia8hlirea(tl00>.il08
;36
jsj..^^,
.
^
.
Tofftlfor the
ff.S.«s
account
(5-208,) 18U2
••oldlSliS
•'
"
n
HX
for money..'-...
"
181)7
s 10-409
Newloan,53
The
fort
»•«
92>i
91?i
93
mi
92
92
SSii
BbJi
88K
".
«8Ji
:
daily quotations
ill«
92X
Same time
92X
88X
89X
92>.,
1871
1370
1869
92
8SM
...
HJS»
Laurent,
I
Feb.
23— Str.
City of Merida,
Vera Cruz
Silver
$.3^2
$',000
$1,372
252,526
Total since January
1,
$253,898
1872
In
I
$419,731
1
:!,051.570
I
2,021.640
—
Same time
In
$.543,5.37
1868
1867
263,603
1
Nation.vl Treascky. Tlie following foims present a summary
weekly transactions at the National Treasury and Cus-
of certain
93;4
...
Zioerpool Ootton
Mark't—See
tom House.
95*8
...
—
95Jj,
1.
Securities held by the IT. S. Treasurer
banks and balance in the Treasury
special report of cotton.
—
B.
d.
a? bbl is
Plonr (Western)
WueatlNo.2K'dW'u.si);^cti U
"
" 11
(KedVViuter)
"
12
(California Wiilte) "
Oarn(W.m'd)ne\v,i^(lTurter aj
Birley(Caimdian)....:()i busll
Ojta^Am.* Cm. )....:()<
4.) lb
26
11
5
IJ 4
28 B
3 8
2 10
40
9
3 8
2 10
Liverpool Provisions Market.
s.
:
26
12 4
28 6
S 8
2 10
40
o
".
:
:
— Pork
d
s.
86
85
6
11
11
12
9
11
9
3
3
12
28
3
2)
9
11
~
d.
s.
U
«
9
d.
:
^
11
9
Poaj (Canadian)...® Quarter 40
and lard
d.
a.
U
3 8
2 10
3 8
2 Kl
40
40
has declined
bacon-
33.,
Lard(AnuTiciiu) ...
Cliee9e(Amcr'n flne)
70
53
32
41
70
"
"
9
Liverpool Produce Market.
70
58
32
44
7J
"-a
6
9
-3
s)
.
— This
Thnr.
d.
8.
:
b
70
53
32
11
70
6
Wed.
Tucs
d.
B.
8.
U
Fri
d.
8.
6
6
K
70
50
32
44
70
TO
5li
32
44
70
li
9
market closes
d'
6
Mon.
Sat.
'
d-
8-
at the prices
15
London Produce and
an advance
of
Lin8'dc'ke(obl).^tn 10
Unseed (Calcutta)....
8. d.
Mon.
8
63
8usar(No.l2D'ch8td)
on »pDt, |) cwt
35
Spermoil
97
Whalcoil
37 10
""^""doU
B ton
33 15
£
8.
10
2'ues.
8
;
>.
=
g
Q
26
26
15 15
n
44
Treasury,—,
Currency.
outst'd'g.
10:5,24S,419
12.1.M>,fi.56
38.269..'-.00
103.977,000
105,549,177
10,943,000
10,404,899
37,844.000
37,294,500
106.ilbi',626
12.204,665
12,856,4 9
10,425,572
34,673,500
ji
44
8
10
8
63
\
-Bill, in
S.
1.5.:tel,000
Total.
385,803.400
370,630,400
15 .331,0
«
.336,011,400
371,:327,5.'i0
336,703,550
3S6 849,950
387,166,950
372,.389.450
l.^rJSl.OOO
15,:j98,000
1.5,378.000
l.),43i.000
Feb. 24.. 873,196,950
15,607,000
388,803,950
371 451,950
,371.788,9.50
387,82!, 4,i0
Coin.
106.741.260
110,187,700
—National
tificates.
C5.610.fl00
3:j,526,L00
bank currency in circulation fractional currency
received from the Currency Bureau by U. S. Treasurer, and distributed weekly also the amount of legal tenders distributed
Week
Notei in , Fractional Currency,—. Leg. Ten.
;
;
I
ending
Jan.
Feb.
Feb.
Feb.
Feb.
Circulation
Keceived.
3
10
17
frl
330,822,576
tlie
Cliesapeakc
544,200
386,000
382,786
1,000
606 000
814,800
702,000
3:10,404,946
24
Distributed, Distrib'd.
761,700
328,990,311
329,218.991
329,606,751
329,916,201
27
aud
296,.5nO
.547,(00
9:!2,682
i,080..500
9ft3,500
782,400
710,000
271.000
499,000
Olilo Railroad.
— Over
three hundred miles of the Chesapeake and Ohio road are now in
operation, and the rails are being laid at the rate of half a mile
daily on the Kanawha Divi>ion. Steel rails are used on this
portion of the road, 110 miles, in anticipation of a very heavy
mineral traffic between the iron deposits on the central portion of
the line aud the remarkable coal deposits near the western terminus, which will follow the opening of the entire line before the
close of this year.
In an announcement in another column the financial agents of
the company, Messrs. Fisk & Hatch the eminent bankers in this
city, who liave placed so successfully the bonds of the Central
Pacific Company here and in Europe
give the particulars in
regard to the road and the six per cent, bonds, which will be
read with attention by capitalists.
The recommendation of
this conservative house alone is entitled to much weight in the
matter of investments. The company is well organiztd, their
r lilroad is nearly completed, and its management is in the hands
of some of the best-known and strongest business men and capitalists in the country as officers and directors these facts give to
their securities a guaranty for safety and regularity of income.
—
—
Wed.
£
Thnr.
£
d
6
10
Frl
8 H
i>
80
in
&?
"** "
.§
35
97
37 10
31
A.
11
oil.
d.
6:3
Frl
s.
— The only clian"-e to note in
eperm
in
d.
11
11
44
Oil Markets.
£3
8.
15
44
Sat.
£
no
26
^
H
11
11
Thur.
d.
8.
|-o
20
15
(spirits)
Wed.
Tucs.
d.
11
Tallow f American). ..!J3 cwt, 41
For U.
;370.4.52,400
.Tan, 13.
Jan. 20.,
Jan, 27.
Feb. 3.
Feb. 10..
Feb. 17,,
Progress of
6
of last Friday.
Bo9in(coin. Wilin.)...ij!cwt. II
'
"
(Bnepale)
20
Petroleum(rcfined)
^gal
ending
For
Circulation- De])0sit8.
,Tan. 20
Mon.
d.
8-
Beef (extra pr. mess) n.^tc.
Pork(Wn.pr. meas)n.|)bbl.
Bacon, (Cum. cut)
|) cwt
National
Coin cer.
Week
2.
3d. sinse last Friday.
Sat.
in trust for
:
This market has ruled quiet,
fjiverpool Breadstafis Mirket.
throughout the past week closing dull, flour, California wheat
aid corn having shown a decline.
Mon.
[&at.
Tueg.
Wed. Thnr.
Fii,
prices is
St.
Total for the week
Previously reported
United States Gs (1803) at Frank
for
4,066,521
during the past week have
Havre—
91>i
fl2X
fl-iX
$4,.508,322
4,:j26.099
of specie at this port
Silver
91>i
So
ir
1867
1866
1865
been as follows:
Feb. 19-8teamer
W"i
9SX
=
91X
$2,131,979
1872
Same time
The imports
93X
MX
1,
in
4,872,64-2
5,:j52,493
93>!?
M^
10,<;00
10,59i,115
Frl.
:
SouthamptonMexican silver coin,
.'i0,000
$6,171,274
Thur.
/
24— Steamer New York,
J356,93()
1,775,043
1871
1870
1369
1808
Wed.
were
Frankfort
fid.,
American gold
Feb.
week
Total since Jan.
Same time
^
:
Tiics.
5,000
20,000
Silver lars
10 749
9,900
;
EnslUIi Market Keports— Per Cable.
closing quotations in tlie markets of Loudoo and Liverreported by submarine telegraph,
pool for the past week lirvvo been
sumiuarv
as shown in the followinit
London Monet/ and Stock l/ari-e<.— American securities close
quiet at somewhat higher prices thau last Friday.
Mon.
93^
$225,887
London,
Previously reported
IIWX
riie daily
Sat.
18*2.
Liverpool
fl.'i.OOO
Silvercoin
Feb. ai--St. Russia, Li%erp'l—
Funded,
Cousols
^
Thomas-
English sovereigns,
-36
2,
:
Silver bars
Feb. 24— Str. City or
Feb. 21— St. t'imbvia.Londbn—
^coutrdmort'M'Vii^
March
will show the exports of specie from the port of
the week ending February 21, 1873
American gold
American silver
.
S. 6's, l,i74
IJ,
for
31— Str. South America,
-93ls
92
:
:
The following
Satiir.
|
-97
,95
-9S«!9^
9l%-.....-d2yi-9iHM
vfliO'l\m.:...\i>t^-V'i
U. S.
—
1
35
99
.5710
a
gig
g
35
d
n
8
li
mn
"^ "
,35
99
37100
%\ll
99
S7 in
fj J" S
COMVIERCIAL AND MISCELLANEOUS NEWS.
;
Atlantic
and Great Western.- On
the 24th ult. this company
$3,800,000 of a security termed
leased-lines-rental trust bonds," bearing 7 per cent, interest, at
83.
The bonds, the prospectus says, are intended to provide
put on the London
market
'•
Imports and E.kports for the Week.— The imports
thi^
week sliow an increase in both dry goods and
general means for acquiring
,'"'''' ''"Po"8 amount to
$8,028,264 this week.
" 1. The Cleveland and Mahoning Railroad, and the Hulrbard
^,!,?„Lr«~
^''in oVr
a«;am8t$,310,3o9
last week, and $7,.500,475 the
previous week
Branch, now under lease to the Atlantic and (Jreat Western Rail"''^ "'"='^' ^'^"i"^^* «4,0S9,230 last week
J, ;r iVnTo
VT.f"'*'^"'^^'*
road Company for a remaining term ot about ninety years, ending
ana
«i,03J,3.)7
the previous week. The exports
of cotton the
past week were 4,231 l.ales,
October 7, 19(12.
afiainst 11,781) bales last week
"2. The Niles & New Lisbon and the Liberty and Vienna railIhe followinsr are the imports at
New York for week ending roads,
now under agreement for lease to the Atlantic and Oreat
Western Railroad
^
roRKioH iMPonrs at
fcfcin^ndise:::
Pre^Si^l/'^S^.Since Jan.
dry goods
1
tor
37:
toiik for
the
$,3,VM0,41S
t48,2H,504
tU2,33^,
one week later
'^'« exports (exclusive of specie)
''"v'",'"''"*.'''
''
^'^ *° ''"'''*^" P""*' ^"^ "'« ^veek ending
BlPOnxS FROM
NEW TORK FOR TDK WBKK.
For the week
.o'l^S?'.,,
«
'^70.
1871.
1872.
PreviousTy
uuBiy reported..
reported""
..
*^^^/il^A
28,926,744
*-''-^^*-^^»
^,592,901
$4,469,192
35,608,091
»5,075,113
32;512;231
$26,035,420
t27';il^8"29
i^^',^3
$37,587,344
^''"=* •'»"•*
for a like period."
fixed rentals paid under the leases amount to $253,448
gold and $274,272 currency or what is cow the equivalent of
$503,786 gold. The amount of this loan will be sufficient to
cover the entire capital account of the two last named lines aud a
majority of the stock of the former. The right is reserved to
i.ssue $1,700,000 more for a further purchase of Cleveland and
Malioning shares.
The securities purchased with the proceeds of this loan will
be held under a trust deed as a special security for the bondholders. It is said that the rentals will pay the interest on this
loan and prof ide a sinking fund which at the end of thirty years
will redeem them, and so leave the leased lines the property of
the Atlantic and Cf reat Western free from debt.
All the lines described belong properly to the Cleveland and
Mahoning, and altogether they are about 125 miles long.
The
traiSK
5S1 *SZ ^g^
!IW ^5^ IS? lis
t:30,596,362
from the',lor/n?v
pZuary
nkw
—
—The Governing Committee of the Stock Exchange have
accepted the Farmers' Loan as the Register of the Hannibal and
bt. Joseph Road.
The old capital will be transferable and re-
I
—
March
The new cnpltal,
if diBired, from and after Feb. 27.
cannot bo rpgisti-red or uBrd for delivery uulil March
ngisterfd,
|.'i,00(),00(»,
la,
when
THE CHKONICLE.
1872]
2,
llie
thirty Jays' notice will
receipts of the
St.
:
I'or llie
moiitbof Joniiarr, 187J
KortUe muutli of
*?i!?'?5S
'""'•'
Jauiiary, 18T1
?4T,591
Incrcnee
mn
:MS
"'''"'
.si,
45,(r~
y-^hniurv, 1874
FL-briiury, 1871
toa.HW)
Incicase
— Messrs. Winslow & Wilson of 51
Liberty street, NewYork, and
South Fourth street., St. Louis, general railway agents and
bankers here, we understand, have uej;otiated through a prominent foreign banking house the entire issue of the first inortsrajre
7 per cent bonds of the Newark, Somerset and Straitsville Kailroad. This railroad is to pass through a rich mineral and agricul
tural district in Ohio, and is leased to, and its bonds guaranteed
by the Biltimoreand Ohio Uailroad Company.
—The Northern Pacific Gold Bonds oflered by Messrs. Jny
Co ke & Co., and the principal banks and bankers throughout the
cointry, are a combination of a first mortgage railroad security
with a real estate mortgage upon properly estimated at treble tlie
Messrs. Jay Cooke & Co report largo and
issue of the bonds.
rapid sales both at home and abroad, and their absorption by
Savings Banks and other conservative moneyed institutions, sho\ying at once their popuiarity witli the people and their high credit
aiuous financial men. The bonds are offered by the agents at par
and interest in currency. Tiiey are exempt from United States
tax, and bear 7.30 per cent, interest in gold. All marketalde securities are received in exchan<;e for Northern Pacifies by Messrs.
Jay Cooke & Co., without expense to the investor.
A copy f.f the Commercial Statistical ylnn««i, just published
bv ihe NewYork Daily Bulletin, has been received this week. This
SOti
ST.
Tho
missioner of the General
January
stock and bond circular of
Co., bankers and brokers, at 3!) Wall
just issued, showing the fluctuations of
bMds.
call
— We have received
from Mr. W. Oilman, dealer in insurance
scrip. No 46 Pine street, a pamphlet showing in detail the condition of the various marine insurance companies of New York,
compiled from reports on file in the Insurance Department of
this State. Copies may be had on application at Mr. Oilman's
office.
— We not'ce the removal of
]>lace to
68
>*
Mr. Simon Do Visser from 30 Ex-
illiam street,
filNKING
Kemp
Building.
Ofliee in
pany
;
issued only as they represent a completed and
to these proceeds.
The road
is
built first-class in every paiticular,
The Mortgage Deed of Trust prohibits the sale of any of the
company's lauds at less than four (4) dollars per acre, payable to
the Trustees, and applied to the payment of the bond?, through
the operation of the Sinking Fund. The payment of the bonds
before maturity is not compulsory upon the holders.
The bonds are therefore secured by two classes of property
combined in one mortgage, the value of either largely exceeding
the amount of bonds which can be issued under the mortgage.
—Farmers' Loan and Trust
Trustees
thirty years
The
gold.
principal payable in
STATES
to
$i,000
the provisions of the Mortgage the Trustees are required
In view of the
based
we
$1,000
OF LAND AS
BOND OUTSTANDING.
500 x\CRES
ample security upon whi-ih these bonds are
NO SAFER INVESTMENT
LARGER INCOME.
believe
one yielding
»
can be made, nor
Holdersof United States Five-Twenty Bonds can
them
into
now
NORTHERN PACIFIC SEVEN-THIRTIES,
convert
realizing
an immediate handsome profit, and increasing their yearly interest
income nearly ONE-THIRD.
JAY COOKE
New
Ac
and
New
The bonds are
payment for the comdocuments and full informa-
Price 974^ and accrued interest in currency.
pany's land sales.
Maps, circulars,
tion furnished on application.
company have always been received with
commanded a
ready market, and we unhesHatingly recommend them believing
1
he bonds of
this
favor by investors and capitalists, have always
rank equally with that
which are now
Eastern Division
selling at a premium above par.
of the
TANNER &
They are secured by a FIRST AND ONLY MORTGAGE
UPON THE RAILROAD, ITS FRANCHISES, AND ALL THE
LANDS AND PROPERTY NOW POSSESSED BY THE
COMPANY, OR WHICH IT MAY HEREAFTER ACQUIRE.
SECURITY FOR EVERY
York.
receivable at par and accrued interest in
Baukci-s, No. 11
CO.,
York, PnjLAp^LrmA and Washington,
CO..
Wall
street.
Banking House op Fisk & Hatch.
No. 5 Nas-sau
thirty years to run, payable principal and
in their possession
New
free of tax.
Seven-Thirties
IN GOLD; are EXEMPT FROM UNITED
TAX, and issued in denominations of from .$100
COUPON, and |100 to »0,000 REGISTERED.
have
of
—
interest,
By
Company
run, with both principal
to
York,
the interest at eight (8 p. c.) per cent, payable in February and
August either in New York, London or Frankfon-on-the-Main,
interest payable in
continue to be made, showing that these securities are steadily
increasing in popularity.
at all times to
and has been so
received and accepted by the Department of the Interior.
issues,
The Bonds have
the Interior,
all
mARCH INVESTMENTS.
PACIFIC
report to
his official
Secretary of
tho
proceeds of bonds beyond this are held by the
Trustees in trust until the necessary completion entitle the com.
equipped road
this loan will
hn nUKWh.
HEAVY SALES OF NOUTHERN
the
10, 1?73.
The bonds are
The Bonds have
attention to the copartnership notice'of Messrs. Merrill. Tilney & Co., Bankers. No. 11 Wall street, in another part of
this paper. Mr. G. W. Dougherty, of the old firms of Utley &
Dougherty and Scott & Dougherty, ia a member of the new firm.
This house will make a specialty of city securities.
change
Land
Congress, transmitted through
Tlie circular of Messrs. Denny & Co. has
prices in the year 1871.
lieen iesued for a number of years, and is well known as a valuable publication for reference in regard to prices of stocks and
— We
in
upon the equipment and personal property of every description
upon the Land Grant of the Company, granted by special act of
Congress, approved July 23, 1806, amounting to 1,700,000 acres'
which has been oific.'ally certified to tho company by the Com-
Thomas Denny &
which they have
evidenced
They are secured by a first and only mortgage on the company's railroad (which will soon connect the Union Pacific road
at Fort Kearney with the City of St. Joseph, Mo., already an
important railroad centre), upon the franchises of the same
contains statistical statements of the trade of New York
in all the leading staples of commerce, the
coaiparisons as to receipts, exporta, imports, prices, &c., extending
over several years. The volume presents a most complete com]);lation of commercial statistics, and will be found of great value
to every banker and merchant, esoecially to those connected with
tho foreign trade. The form of the book is a quarto of 100 pages,
and is neatly and handsomely gotten up.
street,
is
and increasing demand for them by prudent and
careful investors, who have invested in them after a most
thorough and rigid examination of the security pledged for
their payment, both interest and principal.
nod the United States
receivei the annual
safety and reliability of these bonds
continued
Annual
— We have
JOSEPH AND DENVER CITY KAILKOAD COMPANT,
in denominations of fl.OOO, f500 and flOO, Coupon or Registered, can now be obtained to a limited amount only from the
undersigned, or through the principal banks and baoken
throughout the U'jited Slates.
—
Messrs.
PER CENT FIBST mOHTUACR BINKINU
rCND LANO CHANT BONDS OF THE
EICiUT
i-x()ire.
Louis, Kansns City snd Northern
IJnilrottd Company, formerly the North Missouri Kiiilroad Comjiauy are as follows
~_The
THE
285
We are
street,
New-York, Fob.
28, 1872.
\
\
CnES.\rEAKE AND Ohio Railko.vd First
MoKTo.VGB Six Per Cent Goi^d Bonds at the rate of 94 and
accrued interest. They are in denominations of $1,000, $500 and
$100, registered, or with coupons attached interest payable May
and November in United Slates gold coin principal payable in
1899, also in gold coin. Bonds delivered by Express, charges
selling the
;
;
paid.
Tliese bonds,
being the formal obligations of a wellthoroughly responsible corporation,
officers and directors some of the most ex-
besiiie
established, substantial, and
comprising among its
perienced and trusted capitalists and business men of the country,
are also secured by a mortgage lien upon the whole great railroad line, equipment, property, and franchises, whose cost and
value will not be less than thirty "illions, and which is destined,
at an ear4y day, to have a productive value of nearly double this
sum.
The Chesapeake and Ohio Railroad exten.ls f.om ihe-deep-water
pavigation of the Cht sapeake Bay to the head of reliable inland
navigation on the Ohio River, a distanceof 437 miles, of which
jiearly three-fourths is already ifi pperation, and the remainder
,;
:
THE CHRONICLE.
286
will be completed during
under such rapid construction that it
Summer.
the ensuing
easy route fortravel
This line furnishes a short and remarkably
and the AHantic coast
West
Cxreat
the
between
transportation
and
to a large extent
and as such will share, ou advantageous terms,
the West which now
in the vast volume of through business from
of connecting lines,
taxes all existing means o( transit. By means
will afford the
now under construction in Ohio and Kentucky, it
Louisville, StCincinnati,
between
route
cheapest
Bhortest and
and the
West
^Far
the
and
Louis, Chicago, Nashville, Memphis,
there
it must at once take rank,
and
shipping
Atlantic
North
for
through
country
the
of
Roads
fore, as one of the Great Trunk
;
transportation.
Beside these advantages
K.\TE],-sivE
COAL DEPOSITS
richest and MOST
the Country, in its route through
traverses the
it
in
[March
1872.
2,
Banking House of Henry Clewb &
Co.,
32 Wall street, N. Y.
I
Circular Notes and Letters of Credit for travelers
;
also,
Com
mercial Credits issued, available throughout the world.
Exchange on the Imperial Bank of London, National
Bills of
Bank
of
Provincial
Scotland,
Bank
of Ireland
and
all
their
branches.
Telegraphic Transfers of money on Europe, San Francisco, and
the
West
Indies.
Deposit accounts received in either Currency or Coin, subject to
check at sight, which pass through the Clearing-House as if drawn
upon any
bank
city
interest allowed
;
on
all
daily balances
Certificates of Deposit issued, bearing interest at current
rate
Notes and Diafts collected.
State, City, and Railroad Loans negotiated.
some of the
the Kanawi.'a V.vlley, and crosses, in its course,
most important and valuable deposits of iron ore known on this
Continent. Tlie coal, of which there are three varieties, will
CLEWS, HABICHT &
11
furnish an enormous and profitable traffic and there is no doubt
that a large manufacturing activity will soon be developed along
Co.,
Old Broad Street, London.
;
Bankers'
®l)c
(5a}titc,
the line.
bond costs (with the back interest) to day $959 56.
bond costs (with the back interest) to-day $479 78.
$:00 bond costs (with the back interest) to-day $95 %.
$1,00()
$50(1
Fhidat Evening, March 1, 187S.
Itlarket.— The money market has been decidedly
stringent throughout the week, although there has been much
TUe Money
We buy and sell Govehnmbnt and Centrai, Pacikic Bonds.
and receive them in exchange for Chesapeake and Ohio Bonds
at their current prices. Descriptive pamphlets, with full infor
irregularity in the rates
for call loans to stock brokers
which
have varied widely at difTerent hours on the same day. The rates
to the best borrowers at bank have not been less than 7 per cent.,
mation, furnished on application.
We receive deposits and allow iii'.crest at the rate of four per while call loans on the street have ranged as high as 7 per cent.,
gold, or a comniif<sion of 1-33 to 1-16 per day, the most severe prescent on balances; make collections in all parts of the country
sure having been felt about Wednesday. In consequence of these
issue certificates of deposit,'and do a general banking business.
high rates the more careful dealers in stocks have been induced
FISK & HATCH.
Habvey Fjsk.
to make their arrangements for money early in the day, and in
A. S. Hatch.
the afternoon loans have frequently been ofteied down to 7, 6, 5
and even as low as 4 per cent, currency, these rates being quite
INDIANA RAILROADS AGAIN.
exceptional, and in no respect an indication of any change in the
The Logaitftport, Craivfordsville and Southnrestern Rail actual condition of the market. Tlie close margin upon which
road.
the banks are working places the money market in a situation
lOurfrhnd, President Tuttle. of Wabash Collene^ Indiana. Is keenly alive to
hatfverc nc rns the nialertal welfare, as well as the educational and religioHs where it is comparatively easy for spectilators to manipulate it,
tercsts I'f Ilia aaoitt'Ht state. Uailroads open the country, and villages bprhiK up
Interc
along
oug their lineH. with schools and churcnesianrt then follow academies an
and it has been reported that the severe stringency which occurred
colleK''S.
)lleK''S. Willi ilie means of a hijlier
liiilier civilization.
It is all these iiiftuences''c'om'
influences com'"
'- "'
blnon
en which have made Ohio, Indiana and Illinois
the younx giants of- the —
West J on several days of this week was in part the reisult of efforts made
to what extent this was
C'RAWFORDSVTLLE. iND., Jan. Sn 1872.
for the purpose of depressing stocks
In a recent communiciitioti to TA* £'B(jn^&'M( mention was made of a new
really the case, however, is not definitely known.
Indiana road that has been built, and si.xty-seven miles of which are now in
ronuing order and in operation. I refer to the Lo(,'ansport, Crawfordsvillo
To-day money was very close in the afternoon, and 7 per cent,
and Southwestern Railroad. Its entire leneth, as originally contcmnlatcd
is about ninety miles.
Tlie partfrom Kilmorc to Logansport is not fiiiished'
gold to 1-32 and 1-16 per cent, commission were the ruling rates at
.
— —
I
'
*
;
but will be in a few weeks.
forests in
The road runs through some of the most valuable
it mnst have a larj,c bnsiucsB from
this
and other
the State, and for years
loiirce.
It IS also a very rich country, producing corn, wh.'at, oats
articles foi; the iiiarket. It is a great producer ofjfiogs. which at
one
the year will task the road for cars, and which at all seasons
season of
will furnish con-
siderable freiglil.
Th<j towns audvilWes are already using the read for trade
so much as to
make I pt-ohia^le. .Passing through a well-settled country and several
larce
towns, besides furnishing ready east and west connections
at Logansnort
as also north and south connections at
""
<^';"y,'"'-'lf'
n
Crawfirds'v,^ "L";,'
ville
and RockvUle, it cannot but have a largo local patronage
from travelers
».uui
uaien.!!?.
This it has already, and It IS increasing.
Perhaps 'ts most important feature is its connection with
the eoal brde and
tlon,. quarr.s in I'arke County.
When I visited Rockv lle-thc county seatBcveral years ago I foun the people burninga
very compact clean and sirmT^
bituminous coal, which seemed far superior to
.if
the Western
coal
On inquiry 1 found that this co:il in theTo^lt
mine i< overlaid wUh
strata of eloue,. and that it was regarded
by men of einerience as onTlf
'^' ™"<^^'- Since'that timi it has been
tested to ?omo
^^^l^f^'r?""'' 'I,
I
*' '""^ '"'"""^•'- "'"' eSerimems
"n"p°rogrJ s t^'t'e?' '"
Us talne'f"-''
'""^ ™ani>factnr ng and
'
gas DurDoses If
K„i(!„ r,i ;. . 1,
^"''i''
''"'"'; fl""' '" '•"=
the Pittsburgh coal, it will
i'lV
wi"""''^;
be a mine
S,^„f,^^-'''V"f
of
wealth
and utility to this region of country.
''At an^ rate t
"\"^lt.°i^':"S"L'".^'^<''? by means of this new roid-the
aVnmv
the close.
The
U ^eachlT I'hfchic^^S'Z' St'^7"V";'"= '^"''"J"' <" """'destroyed the palaces nf
fated
that ill
city by showln.tractiires. hut i\ .fes'rCKd''m'S?h
_M«rble tiuarnea.
Tliis stone was
aidiipto iha, „re
tff ?ll
H
n^''*,''"'^
of' ,V,'r..',',?„"?,
V.l
•l!!«i-'P.i
stotie quarries
i„
F.? iroof
ieorated "Joliet
'
^"^
«e-Va;;;Ht^SSg^S,^.5?X'^c^r"'^
It will be
Parlie^cotmVfTs a"iothe'"iieiJ'in''the''™''^ ' '"ese sandgrowing
wealth of
tested the stone, has
soon as the frost leaves the L'rounri
""".' "1"="
Hp cvo KnTiili;'
".Vrequire
will hiniself
a day to convey this stone to
ten ...=
ma^k^t ThJJp.,^
the one a grav and ceiirs" kiri.l ""H .ho .1 "'^ ^^° "f '""'' °' t*>'8 sandstone
*••".'« ''"•' "f « Wuish color
Both ans«^erllHfreq, IrcnS
exposed to fire, and the
latter is described a*", a
v™;"su;:^,^„?'if,\^^^^^^^^
»ev?„%!?iTet'loS^:;"f;;„',;;'}?„Sl,'e'';t'";S'!,'
apolisaud
St.
Louis railroL^a
'T,
„,ei°' M
"*
fie bnil TnT^^i
'.°
^"^^^ Il>-twenty.
It
strikes the Indian-
o^^^^^^^
swiri^e a dmiiit that a branch
'".'' **'• ^'"'^There is
will
will cross the Pan Handle and
""'««• ''^here it
Vr,^
both /'"S"'"'™"'
porunt is (he line already DerleivedRomls
^Weago. So im'"rl,"; H?'.'; '™''.'",K ,'°
iday responsible men
extension of ihe Road
in,
Ohio
;
and Adnan
that poiiil with the
h'^WIIiZV oltr o^MK^^f^jJi^iPi"? T'
Church, formerly
Conor's" indm"™"-^"^^^
in
r<.ad
t^erlan
^e«t
men
it,
«°"'h-eBtern Rail'^^ '''"'"''" '"'"""'
His name (s a't'ower of 8trenlth"?„*,!;''''"'.'"-'' "."' »' ""e
,'° ^^e enterprise., and Is
''"•'''slKnaninteo that what is stated of
this Road
J.ients.
Ohio.
re able. With him are a«sorin,„,f
B. C. Dawes, Eng ne"r
if.
fndent
K-ta of
the best
Stonrand
S
...'°
a Rr^^IiS'''"',^^
"">
Company's docu-
'''""'
spirit of the National banking law,
During the period which followed the
Chicago
and
well timed.
is
fire
there were reasons for liberality towards the banks,
for leniency
on the part of the Comptroller, which do not
and his official action in then overlooking
exist in ordinary times
from the
;
upon the
legal reserves, or other departures
the law, should by no means be taken as a pre-
certain encroachments
letter of
cedent for subsequent occasions.
After to-day, March 1, the Clearing House of the Associated
will
make
separate daily clearances of gold checks, bet ween
the banks, the resulting balances to be settled at the same time as
the currency balances, either in gold coin or in Treasury gold
notes.
liabilities
Tlie total
last
total reserve at $62,933,500,
week
stood at $241,461,900, and the
being $3,568,02d in excess of 35 per
cent, of the liabilities.
The following statement shows the
and a comparison
^vith 1871
and 1870
clianges from previous
dis.
..
Specie
.
Circulation...
Net deposits...
Legal Tenders.
.
..
.
.
Feb.
Feb. 17.
»2«.9U,300
it.
t28>,486.5(»
17,K!«,600
28,143,700
213,318,200
45,042,!K»
19,589,400
28.11'.),20O
211697.200
45 BIO 300
week
:
1«2.
Loans and
Dlfi'erences.
t!,424,B00
Dec.
Dec.
Dec.
Dec.
Dec.
1.898,800
5.300
1871.
Feb. 25.
t278,0;l5.999
2:1,562,018
ISTO.
Feb. 86.
|a«S,485,(i42
35,094 ,2i>9
31,7J0,145
.M 320,905
4,379.0110
217,C«,1I6
ai 1.132,943
577.400
5;.178,K)e
fS.'i71,K4
For commercial paper there has been only a limited demand, in
consequence of the tightness of the money market. There is no
pressure for accommixlation, however, and the best paper can not
be bought better than 7i to 8 per cent.
percent
Commercial,
fli'st
class
endoreed
^^^- Snpsrin-
me\ ot^A^^Z^wrorllslt'^^T^e <"» ^e Road, com-
fur-
appear that to carry out the
the call
Banks
,*^^wS
bank statement was again unfavorable, showing a
last
ther loss of 11,180,075 in the excess over legal reserve, the whole
excess above the 35 per cent, requirement being only $3,568,025.
The Cotnptroller of the Currency has called upon the National
banks for a statement of their affairs on Feb. 37th, and it would
slncle
I
days.
7H®
4
montn
8
7S<l» 8
6
months.
8
60 days.
8HO
(10
4to6niontne.
9
m...
9
®U
X
.
March
X
:
suj)|)ort
the abspnro of any vnry
(Jovprniiu'iit
]iric«»,
fip<><-iul
.
«
.
purcha.ser, in addition to the price, paid the accrued interest
the date of the purchase.
Since .lanuary
up
MondaT, ToMday, Wedneid'jr Ttinrsdar..
Fob.
Krio
Wabash
Northwest
do
pret.
JIlMlp.
"««
Mich. Central..
'117
to
sax
Six 50X
3SX a;H
&
iBX ....
6Sy MX
78X 74X
United States..
Wells, Farjfo..
•This
Is
the price
The range
74
lild
so
.19X
9!>4
....
53M
SIX SIX
70
70X
s.'i
sea
59X 60X
liiX
M
•S
MX MX
7»« «X
1«X •1
«ox »¥
Z5»«
MX
'-SX
'^
tOV
nx
>% (IX 77X
48X 4IX
IllXlllH •IIOX III
88X iiii S7X as*
...
58
03
•I.7X
<«
•>
B8X 8«X
77K rt%
'....
SIX SIX
Sll
»•'
...
...
...
f«
1I3M IIS
*IX
1.
*S*
mxiiix UIXIIIX
MX 57X S X MX 'uriis
ll'ili
"
SIX 81V
68!^
*iH
89X
i«x
77X
»IX
•
44X
«3X
da
Il«\
•IX
88S
i;x
7»V
IS
IIIX
Ui
Union PhcIBc.
West. Un.Tel.
Am. Mcrch. Ex
same as in the civse of other
UoveninuMit bonds.
At tlie Treasury purchase on Thursday, f 1,000,000 5'20's were
taken from a total otlering of f3,l(50,i).')0. Hy the telegraphic
statement just received from Washington it appears that the de.
ll«X
Ua
X
»:x «ix
:»ix:'ix
S'X SIX
78
78X
*1X 4IX
57
Quicksilver..
P.icincM.iil
Adams lOxp
intere^<t, th(^
MOV
llOx
....
&
'-•8X
>»% 88?
7.1
rrlday
Mei.
Feb. ».
18.
«X 18 »7X »7X »»X
wx ns •BV
mx M
s^x ssx S:iX »>« ux
»8X
Hit
lt4Sll<X
T)X 7«X
43X 44X
it
43ii
loi.lr.ilol- N. .1
llanii.
Bt.Ius
do
iircf
Fob.
«S
SIX
iiix
MX
95H MX
IBX 77M
nrcf...
Ohlo»
n:
1I0>^1I1
IslillKl. ..
St. eani
do
ftb.ti.
:|
aov ai
SIX
n8KI14»< l\»\ 119X
tOv VIK
>IX lUX
«»
«;x eHH
MX
'<% ;sx -.*
!5
7 IX 7i\
74X 7»X
WV 80!< 91 tin
...
Liiko 8 jor«....
do
scrip
Rock
M.
ms KV
Kcadlnn
the market price has
1
267
Fi'I>. ».
W'A n>4
N.y.ccnftii II
du
801 Ip
IioikIh
;
represented the accrued
:
,
Satti rdur,
have naturallv
yielded a fraction to tlic pressure of the money market and the
d 'clint' in gold. The fureign bankers have not been large bnyers,
and the home demand, though consideraljh! and from a very good
class of investment pnrchasers, has not been sufRi'ient to make a
firm market, f'ompared with former prices the present quota,
five-twenties of 18(!7 are now selling at
tions are rather low
llli, ""d "'is includes two months' accrued interest.
Before January 1 the ("urnuicy Sixes, issued in aid of the Pa.
cific Railroads, were sold with interest added, that is to say, the
to
(li'iiiand
.
THE CHRONICLE.
Rond*.— Tn
Sl«teii
—
1
1872.)
2,
Vnitrd
J
au
n«
»x MX
•iriX ii»
MX »*%
4'iS
»»x
in
....
S4X 38
«»
«9X
siiX a«x
SIX S»X MX 80X
•»2
«V •»iX »iH
«9X MX •••
••X M\
Tax '3X 73X ....
84X
IIIX
III
iU
.'5
MX
"OX
(9
fflX
3«
ssx
aox
S»X
tttX
MX
«x
W
99
69
-MV MX
a
7ik
and asked, no mit was made at the Board
January
in these stocks since
—
has been as foUowal
1
—
Since January 1.—Since January 1.
.-Lowest.-. .—Highest.-,
/-Lowej't.— — Hlfrhcst.-.
NTCfn&HB. 94X -ran. a, 9SxJaii.I9 Ce tralof N.J. :03)> Jan. 8i!13>* Jan. 15
do do scrip. 90x Jan. 5 94X Jan. 19 Hann. & St. Jos 86X Mei. 1, n9X J»n-"
Eric
30
Feb. al 38H .Ini. 8
do do pref SIX Mch. 1 7iX Jan. 1»
Reading
lUX Jan. RUSXFcb. 3 Mlh. Central. 115 Jan. 5 11»X Feb. 9
Lake Shore
89X Feb. 121 9.'>X Jan. 6 Union Pac'llc. tilX Fen. 16 i'j% Jan. 20
do (fo scrip 85X Jan. 21 I.9X Jan. II West ir TnlcK'h 68X' Jan. 3 71X Jan..!0
Wabash
70X Jan. »', 76X Fob. s Quicksilver .... ;r>x Jan. 13 36X Feb. 29
Northwest
MJ6 .Ian. 5| 7T)»Fcb.J7 Paclflc.Mall... 53X Jan. 2 6(ix Feb.rt
Jan. 5 94 Feb. 8
do
pref. 90 Feb. 81 94V Jan. !5 Adams Exp ess 90
F«b.»0
Rock Island.... IKiX Jan. ^'ll2X Feb. B
Mcrch Un. 59 Jan. 6|
Jan.ll 6-XFeb.ao
K!« Jan. 10, 50X 'an. 18 U.S
St. Paul
do pr.-t
74XFeb. 1183 Jan. 20 WellsF'rgo&Co 56X Jan. 4 ItH Feb.W
Ohio &!.Mi88... 43M Feb. 21, 49X Jan. 19
.
.
V
crease in the public debt during the
coin certificates,
Prices
l)id
balance, $110,405,319; currency,
coin
|12,a91,4.")0;
daily,
and the range since January
Feb.
Feb.
H.
26.
Feb. Mch.
ZJ.
5.»'8
1-^6.1.
5-W8
ise."),
coap...
"
...
n"
...
'•
...
"
..
.Vi>'8l8t.7.
5-.'ir» 1868,
lO-IU's, rcg
11.'.
1**8,
coupon
Currenc,v
lux
lux HI
llOX uox
llljt luv
lU
uax
U«X
lii"
iiox
lU
6*9
CloBing prices
of
I
IU
MXi
,
.
— Highest
Am
UUX
Jan. 26
lUXJan.
4
114«
.lail.
l;4X Feb.
:09X Jan.
109X Jan.
12!
II.'SX
4
inX
UiX
Jan.
Feb. 28
11
9
s
The Gold Market.— (jold
t'cb. 23
liix iii;i UIX UOJi 109XJan. 11 IIIX Feb.
uix iiix IIIX UlXi lloX Feb. 8 112X Jan.
uoM iiox UUX llOX 109X Jan. u Ulli Jan.
uix lliX !ll)j MIX IiOX Jan. 11! 113X Jan.
iwx 113 11
ii;*
113!4 Jan.
107 H io;x 107
107
106X Feh. 8l
9X Ja'.
liox UOX uox ilOX X1I>7X 107XMch. \, UOX Feb.
114
III
114
113X 113j< lUX Feb. 29 115X Jan.
securities in London have been as follows
S6
Feb.
U.S. 68.5-JOs, '62
U. 8.68,5.208. •»t...
23.
i
;
2;
li
iS
9!X
92X
5S.10-40S
1-
.
92V
8-J.
,
Lowest
I
,
88Kxl
Since Janiuir
nry 1
Highest.
dich.
91 X Feb.
91X Feb.
88
Feb.
92X Jan.
17
94X .tan.
92X Jan.
A
state and Kallroad Bondu.-Southern State bonds have
been dull and generally lower. North Oarolinas, however, close
higher than last week. From Richmond, Va., we have received
no further intelligence which is suflSciently definite to be coni-
Saturday, Feb
mauU'd upon
Prices bid diily, and the range since January
Feb.
SsTenn.,o;d
66Tenn.,uew
6s N. Car,, old
6a S. Car., new...
6« Vlrg., old
*•
" consoUd'd
"
"
deferred..
6a S. C., n, J.
68 .Missouri
&
Feb.
26.
67
67
"
67
67
27.
6!
67
SIX
l^X
31X
Mi^
52
55
18
504
51X
95X
^X
Mch.
Feb.
24.
J
18
52
18
30
99
2J.
28.
1.
67
66
6«
6«X
66X
66X
34 X
55
17X
17
17*
53X
55S
.
47
SOX
51^
17X
30X
51
14
24
99
9J
.
1,
Jan. 22|
Jan. 20
.Jan. 251
Jan. IU
93X Jau.
iro
Jan.
90
Jan.
795^ Jan.
Mch.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
sol
51
6,
4]
1
5
9
11
3
1
3
59
58X
21X
36X
97X
103
91X
84X
88V
93X
103
I08X'
106
lOS
103X
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.
Feb.
Jan.
Jan.
Jan.
23
23
1,
1872, to
>ow.
Ing.
est.
....Ill
...llOSi
27..
28..
29.
..r.UOH
....UOX
1.
....UOX
...
date
Clearings.
ing.
est.
UOX
110^ imx
UOX UOX
UOX UOX
UUX UOX
( 6.23;,l»0
43,850,000
42.522,000
Ill
IIOX
'.oajti
110
llOX
liox
46,356,000
HI
UOX
UOX
UOX
276,5r,0.(»X)
UOX
UOX
108X
111
IU
»1,56'.,(157
$2,240,888
2,083.623
2.S18,8«!I
1.627,631
1,731,996
1,965,639
l,39j,311
1,920,26*
1,928.920
2,593,ltO
1,767,768
1,395.311
2,363,602
1,767,768
2,645,181
33.5(18.000
^4.05;.0l•0
109 i<
109X
-Balances.CnrrencT.
Gold.
Total
High. Clos-
nov
unx
UOX
UOX
IU
Current week
Previous week
Since January 1
Open.
21..
26..
Mch.
Friday,
have been;
Railroad and iniHceUaneoas Stocks.— There has been
much
Tuesday,
Wed'dsy,
Thursday,
in,
^Lowest.-, ^Highest
""
Jan.
63X Jan. 5| 67
63XJan. 5' 67X Jan.
31
Jan. 23 35
Mch.
15
Jan. 26| 18X feb.
50
six
nx nx
30X
95X
«
.
Cent. Pac. gold.. 102X 102X 102X 102X 102X !02X
Un.l'ac,l»t
90X 91X 91X 91X 91X 91X
Un. Pae.,L'd (.ir't 80V 80 i^ SIX 81
SIX SIX
Un. P. lucoine ... 85
85X B6X 86X S6^ XSIX SIX
N.r. Ccn, 6e, 18S3. 96
93
103"
Erie 1st ni. 7a
103
103
108
100
N.J. Cen l8t m 78 101
101
IWX 104X lOlX 100
Ft Wayne Ist m 78
104
lOOX
Chic* NVV.sf 78
9S"
98
97«
98X
Bock Isld ls[ m 78
101^ lOOX
lOlX
lOlX 101
other week of
"
"
"
"
Monday,
Railroad bonds are steady as usual, and the demand^from
v«sx>rs continues to be very good.
has had a declining tendency from
;
.1
:
16.
mv
WX
the foreign markets for securities have been
several causes
firmer, and the appearance of monetary affairs in London is more
favoral)le; foreign exchange has been decidedly weak, borrowed
bills having been sold to a cxmsiderable extent and the gold thug
obtained also thrown on the market to obtain currency. Tlie
March interest is now being paid, adding so much to the supply
of cash gold. It thus appears that several influences of importance, though very possibly temporary, have combined to depress
the premium. The price at the close was 110J@110i. The rates
CusI)aid for carrying to<lay were 4J^, .5, 3 and 2 per cent, to flat.
toms receipts for the week amount to $;1,3 18,000.
The following table will show the course of the gold premium
each day of the past week
,
11
Feb.
U.S.
:
1
7Lo^yc8t.—,
107K Fell. »'
103 X
114
11.5
have been
Snce .January
1,
.
29.
S8.
10-X lu»X 106 X lOiX IO8X
IHX lllX 114X i:4x 114
115X 115X 115X llSx 115X
HI
111
lllX inv MIX
Call Uonds, lrT2,c
lU
113X
68, I8»!, rc(j
Ss, !>8l,i'i.up
5-!0'» l-d'J, coup...
S-Ji's 1S6I,
|14,463,426;
$."i5,.520,0O0.
fund, i8S!,cp..
5s.
month of February was
142,669,000
The following are the quotations in gold for foreign and Aroerl
can coin
1
16
15
2
American
Amei:lcan gold (old coir age)
1-i
Sovereigns
12
18
12
18
18
18
5
16
Napoleons
X thalers
Prussian X thalers
German
..
German Kronen
X
4 p. c.
$4 86
8 30
7 60
..
8 00
6 50
3 90
ld2
®tl
@
®
@
®
a
guilders
15 f'O
Spanish doubloons
15 55
Patriot doubloons
American suver (new)..
98>i'3
—
le
Is
19
So
silver (old coinage)
premium.
Dimes and
92
SI'S
7 95
8 10
6 60
4 00
16 35
15 70
@
®—
hall dimes..
Five Irancs
Francs
!-ngllsh silver
Mexican dollars
I
293
Spanish dollars
99X
I
—
—
a—
& —iH
@
@
—
Prussian thalers
Specie thalers
C4X® I f5X
premlnm
p. c.
pa^
South American dollars
Exchange.— Foreign exchange
Foreign
p. G. prenilniii.
»8
96X®
9A
9S <^
19
19X
4 75
70
72
1 04
1 re
—
—
—
has declined from
We
had
the high rates prevailing at the date of our last report.
previously noticed that an important demand for exchange was
created by the return of bonds to our market upon the first discussions of the Alabama Treaty, and several foreign bankers purchased largely. That demand has since fallen off, and, on the
other hand, bills have also been borrowed and thrown on the
market to obtain currency for stock operations, and these influences have depressed rates.
an.
irregularity in stocks, with prices fluctuating
frequently, though generally within a limited range, and closing
at rather better figures than last week.
Hannibal and St. Joseph
has declined to 37j for the common, and 56^ for the preferred
The
principal specialty of the week was Northwest common
which, nnder the manipulation of a clique sold up to 77t onTues.
day, and closed tcwlay at 76^ to 77 J. The general market has been
well sustained under the pressure of tight money, and at the
3 days.
110 8110X
60 days.
1O9X8109X
London prime bankers
Good bankers
109
Paris (banlicrs
Antwerp
clo;e the tone was strong. Pacific mail was the leading feature
this afternoon with large dealings
Erie was also active.
The Comnii.ssioner of Internal Revenue has decided in regard
to the New York Central scrip dividend of December, 1868, "that
so much of the dividend as belongs to the period from September,
1882, to September, 1868, is to be taxed." In this case the dividend
covering in time fifteen years' earnings, &c., six.fifteenths of the
whole, being the proportionate amount between 1862 and 18G8, is
what must be taxed. In this case six-fifteenths amount to $9,314,400, on which a tax of five per cent, should lie collected.
On Tuesday no regular calls were held at the Stock Exchange
out of respect to the meinorj- of Mr. Le Grand Lockwood, whose
funeitil t(K)k place on that day.
Mr. Lockwood has been a very
prominent man in Wall street for more than twenty-five years.
The Governing Committee of the Stock Exchange has made a
rule that the exchange shall not be opened for the transaction of
business until 10 o'clock A. M., and all dealings upon the street
must be discontinued up to that time under a penalty of $.50 for
Swiss
;
each offence,
k he following
of theacti\e
...„„^>...^
...«„=. prices
y..^^^.
^ were
and lowest
the highest »..v.
„„cvuru,Ku<,=..
ml of railroad and misceUftjjeous stocks on each day p{ the last week
.
.—
.
5.20 a5 2ix
5.20 I85.21X
5.20 85.21X
Amsterdam
Hamburg
J9*®15'<
Frankfort
U^tU"
2ft?ls.-
Bremen
72X412X
transactions for the
week
Treasury have been as follows
Custom
House
Receipts.
Saturday, Feb. 24
" 26..
Monday,
" 27.,
Tuesday,
.
Wednes'y,
Thursday,
Friday,
'•
29..
29.
Mch.
1..
296.0K1
.%! ,106 51
StS.UU
«78.926 1.1
638,277 70
6J6.(KXI
e4ix
41X««X
79Xa-9X
72X»12X
the Custom House and Sub-
•Sub-Treasury .-Payments.
-Becelpts.-
Gold.
6->2.000
4;5,000
IS5.1(X
41
3«X<8l!6)i
:
11,015,793 25
76.<l,016 41
831,319 52
41901.000
at
65.16X
as.iex
5.15
5.15
5.15
?^}^^f?}i
Prussian thalers
The
109X18110
®....
I08X@108X
commercial
••
(S109X
Currency.
$274,857
306,181
249,772
533.186
381,036
1W,SM
79
$:,445.89'< 77
55
67
64
54
TJ
88
08
917 461 73
»I2.4S6 29
2,)!Ti,974 84
Currency.
»2l«JfS'6
402.ir'30 84
fjp 300 ra
1S8.»3!1
5.'i4,948
49SJSJ f5
I
ai|l.«>4
|3;U8,000
Total,,...
Balance. Feb. 23
174.623337 67
$7081,311 93
Balance.Mch.
$73,566,122 15
$3,680,739 31
1
City Banks.— The following statement showt the
Caty tortue wee*
ondition of the Associated Banks oi New Yorit
Feb. 24, ivii
ending at the <!omipencement of bueinew on
New York
;
'
45
l,SP),4n 12
.
1
:
:
1
1
THE CHRONICLR
288
VorlE..
FtaODlz
City
2,050.000
8,000.000
3,000,000
1.50O.00O
8,000,000
1,80».000
1,000,000
Tradeaman'a
l.'H)0,000
Mechanlo*
Ualon
America
UerchanU Sxcban|E«.
. . .
NaMonai
Batchers'
&
Drovers'....
Mechantca and Tradera'.
Greenwich
leather M.liint
Wurd
Bflven(n
Bwteol New Tort
American KlchUKe.
Commerca
Broadway
Kepnhllc_
Chitbam."
People'a
bOT.S.0
i:ao.6w
715.300
4,66S,«U)
7.93j,7!0
3S2.0(IO
1,4;9,()I0
4S0,ll»J
2 il'OX'O
2S6„'(i0
1,300
5W,'JU0
5.69-,»M
1,055.200
2.3110,600
4,64-.,Sl«
12'i,«)0
00
3,917,(100
4(b,
5,^aiOO
717.2(0
7iiV,6iw
2I8.MI0
•'^2
2,4 8,500
1,9<(2,«00
400
97,1^0
nn.H'O
S,3'*.9O0
213.000
l.-Vl noo
4,99',8.T0
»7.9
Slll.900
...
SS^i.lH)
1.15«,40(l
652,700
l.(i55.3(!C
321.7110
cse.ono
1,782.000
4(i8,9ffl
lftS,700
l,a54,'.(10
J.sUO
^60,710
2,29l.3'0
2.*'83
1.5(I9.6{;C
47i.8
3,387,300
873.S»I
245,0'O
101,100
9..T«(
4.m)
l.(ia,6(IO
91!,2iin
si9,(iai
4,567.900
2,:66.7oo
1,: 99,200
88.110
ISS,.**
5.WK)
s.9oo
2..5J.I(io
I'.iW.'llO
;i'i,9oo
XO.HV
2.'07.Oixi
1.231 ,5(«l
(i.dpo
],i:«.:J0O
S6,2l)0
I8H.I1O
i.;23,7on
5.779.1(10
l.il8.i.l«l
I,(IUO.(IOO
2.(H9.9on
3iM)
1,000.000
1.000.000
2,''5(i,.'iiio
'f
2.7 5 200
3.nl.,(Ml
9;t.3
740.1! 10
76. .00
ltH.0,0
iiS,''0O
II
lOOOdOO
2.72.')..30l
Continental
12.3
3 900
5,000
i.:(,s6.r.oii
2.0-0,1(10
1,490. 00
2,000.000
S.874,riuc
KW
576.SII0
Commonwealth
7.'i0.000
l.-2l.'00
l,lS9,!iO
44.0(10
'Jlil'.SOO
SOO.iioo
4.40(!
4.11)0
l.»80,;iio
82.800
61.200
S87.S0O
785.S10
IOm'.IO
11.000
18 iia
360,000
90,900
400,000
e«rk
SIOO.OOO
'•'^^''OO
l,.'i(io.ooo
ii.ssso
2,000.000
500.000
300.000
400.000
3.0.000
500,000
Mechanics' Banking Ass.
Grocers'
Korth River
BistRlvrr
Mioaracturcreft Mer
Fourtti National....
Oent;a', Natlonnl
BowervMatlona!
New rork County
German American
Dry Goods
l9.«8.."l'0
l.3l2.5tio
(J^O.iOO
l.('4'.(X)0
I.079.I1W
4!'7.5(XI
98;.f<«l
3«\(i(iO
16,80iJ
325.4'jl
418.600
222 1(10
l,i;0,:«i
I, '41, ICO
141.210
2.410.7.
5,061.2(10
781,900
224,-500
'23-1.1110
3.000.000
3.667,1011
I,9"6,i(IO
633,1100
l,4-'5.00i.l
53T.C31I
2ii7,000
«?0.' 0-1
."iOO.UOO
8 4.100
I.OOO.OOO
S'W.OOO
I.0OO.0O0
408.7U>
218.500
.B.SilO
26-.100
8-2,700
2 5,i»10
r 0,(00
8,-43.«0
I, ''2, 000
5.897.1110
395.000
921,000
4.410.100
351, 100
5,8V3,0U
871,210
The
l^oans
Specie
Clrcalatlon
The following
Specie, ciri'ul.^ilon.
tisooo
Jan. 13
Jan. 20....
•an. 27...
2;5,253,'200
2711031,9110
2811.881 .ftW
214,821,(00
4:(,i'i:9,0l
27,6,13, at)
28.,<7t,,'(«
220,:ki;.:i(O
4.419
•2,''.,2JS,-2tKI
Zi 288,900
28.218.700
2it ,irj4..oo
46,:«4."1(H
220.9O6,;0O
46,565,8(0
221,019..5IO
46,1.16,110
45,620,1100
45,(.43.900
. .
27,982,9(0
Fe:). 8.... 282,610,410
Feb. 10... 2a5.122 20
Feb 17... 281,911,3
Feb. 21... 233,436,500
23,986,100
21.27 ',300
'28,!61,7
19„5S:l.lOO
2S,I49,'»0
28,143,700
17,8'JO,60U
2(W
2U,318,'2C0
2i;.6'.l7
KO
?•."??•
fi'inthwark
Kensington
Penn
'Western
Mannfaclurers'....
Bank ol Cointnerce
Oirard
"
Tradesmen's
H
2.741,511
7'J7,4(0
8'.,-2IO
2,.334,(KO
9IU
.500,000
2.341.000
;.ooo
1, '296.900
40,li)J
3,969,100
1.161.200
1,119,000
1.791.000
1.127.210
1,0(0,(00
611.4(0
1 9,430
SV),U10
250.000
500.000
4(0,0(0
1,'XOOOO
l,067,Sl»
522,100
338,000
490,000
346,300
214 000
7'28.455
231, .5t3
20(1,000
1.032.167
1,490,511
l.'S5,132
„ 748 899
Consoltdntloo
'"I'y
Commonwealth...,
Corn Exchange..
Union
Fl St
Third
Bixth
;
,
Central
fl«nkpf Repnbllc.
Becurlty
Total
The
.,
,,
'213
!,8tO,0(O
17,000
10,815
l,:'5i.?;6
1, 160,1 In
1,4 4.641
'127
425
'20.(1(0
1,765,11(0
1,801
40,0(0
20,000
SOO.'ooo
600,000
6,19
800,1100
1,1111,.K0
1,600,000
8,793.000
300,000
150,0.0
BflTenth
Blehth
81 1,030
1,000,000
'"^m'jSSo
SOO.dOO
440*100
7(9,(«0
286,519
588
KO
•2.'.«,(00
fa.nv
1.75,000
7.7O,«10
t^<tnv
i,oi9,;ko
l,0(lo!oop
3,0-5.(1(0
J, '5 -1,000
a„;.j„U
521,000
3,000
181451
804,109
270,(1(0
356,1.37
2111,120
450
1.425.0(0
3.S68,(KO
218.000
361,062
Idl.iXO
il,('-53,967
IST.IKO
450.(1(0
,S8..?63
.47.'JOO
'19,000
2.3(81100
1.2 6,0(0
296.010
ll.0.2,«17
JO.ll^
3
750
»16,-«J100 tSJ SWl.ns
412(00
49.000
.2,11(0
ilUclL
.50
l,il5
2
9,6,-«
13.5.000
The
Loans.
.'an. 8
a
Jan. »
Feb.
M
669 067
798 9.16
1.' 69 585
35 631,7 S
55,696.145
M,|:.7 468
I
5<<,187,t-4
1.I2.'.606
6«,27S,OI7
6
.'.4IJII8.832
12
"eb. 1*
**'>
i22.108
M.osaoe?
Jan. 15
Jan.
Feb.
S7.5I»,6M
68.142.618
9«,.tll.23j
65.890 968
.:
1.283,043
2 '3 395
1
053.4
180.489
5911.315
I9!1.2a0
3Si,m
Lesal Tender.
;i.B9;.o;5
11,140.127
10.872,329
11,2-28.988
11.482,6
!l,3.^8.
35
1I.377.9-.9
11.6 9,r3
ll.296.'8S
Deposits
44 (179,'288
4:j
414.634
41.347.31-3
42.049.757
43,731,260
4..0'.I,0V4
4 .'.75 '.7.12
4.'.«« 9.8.31
1«.9.V.,|191
42,295.811
10 6','5, 185
10.891 0.52
ll,0Vi.8l7
40,137.838
;!'7..*
997,4(0
788.200
;,vi.o(jo
47,7
139.('4
1,041,810
6.14,«0(>
87''.-(0
499,100
S5(,0(0
.''7.7!0
700
I or.
176,4f1t
l,3i*,8(0
61 ,3(0
46,211,900 »25,'09.70e
t7,505,.VO
week are as follows
Ciiculatlon
:
I
Loans.
Bpecle.
5,091,81
1
115.!7a.4'l
weeks
past
rcpcsits. Clrcnlntlon.
L»>tal T* Oder.
I'i.i9j,.'«>
44.186.(5
10,3t7.'«2
4-,.24' 5'
1.696."22
2,'17 293
25.r4t.'JI2
25.C(;2,('ni
.8,ll-6..ii6a
P,8I9.7!.3
45.17,,,7(:2
:5.'97.i'5(i,
9.S'2.748
8,614.101
8.a-1.900
8,0 3. CO
46.994,41a
43,895,400
49,1 31,110
25. 7:6.970
1I9.'246,500
.'(V'99,9(
25.801,
Jan. 29
118.791.7tO
(.015.1-00
8.42,11(111
51,'3"0.4O0
25.747,9(0
Feb.
119,.|64,310
6,612,000
6.011,100
4,r.M.700
4.011.700
7,969,710
7.4 5.1(0
7,173,3(0
7 305,5
50.1S6.,500
•25,051,6110
48,615,5(0
47.5 -CM 00
25,676 600
25,678 700
25.700,7(0
lt7.5-,5,?0O
118,429,1(0
5
119,719,100
119.-89,110
118.'.'07.000
_
25.8( 8,806
2
46,'21t,!!oo
,a::6,iir0
Ori
of these prices are necessarily nominal, in the absence of
recent sales.
any
BSCFBITIEB.
Mississippi Central,
do
do
do
do
do
do
do
do
Nashville
Ala.*
(.'hall., 1st.
A
Teiin.
M,
8s.
M..
Ist
11,
end...
Is.
..
2dM.,7s
A.,l«t
111.,
7b,
*
do
It. 11,,
Greenville
^ „
I1.488.;6.-,
»/''*'
11.491.715
11.281.: 88
11. 48.8-0
11,349,971
11,349.138
lU36ti,0J|
y;acon
&
stock
7b
,
".*.'**
stock
Col.
••"
78.
guar
"'• certii!.'
A Brunswick
end. 78
Macon & Western stock
Macon and Augusta bonds..'"
Oo
do
endorsed.
do
do
stock
Memphis A
,'9
I
,,
do
do
Memphis *
c'harlcBton.lst-a.
do
do
42
7S
80
2d
7b
liock.'
fihio, lOs
it."
do
s...; ;;
,,
i'emphls*. Lllllo B., lat M
.'.'
II
15
40
95
(5
75
36
stoi-k
&
75
:(6
16
end yav.,u'h
stock
do
70
60
.56
I
I
& Gull coneol
do
do
do
do
Georgia
do
„
I
A Chattanooga. 6e...
...
2d6. 6s
3d8, 88
4th6,86
.
Davlingl.in 78
(ieorKla6s...
Va.6s. end, lenn
E. fenn., Va & Ga., 1st M., 78
'
P, Ala, Ist M,. 8s, end,
('range A Alex. A M»n. Ists...
Kk-hin'd & Peterb'g 1st ui., 76
do
2d ni., 6s.
do
do
do
3d m., 86.
Klch.,rre'ks1)'g A Poto.es.,,,
do
do
do COHV.76.
Hallroad*.
Kast T.»nn.
1
cen's.Bft,
do
do
do
I
I
•20
I
HI
45
115
80
70
70
NO
75
Home A
I'..
73
90
1st M.,76,.
50
93
SouthPliIe. Vw.. Ist mig. Bs
2d m.. guart'd 68.
do
do
.3d in. ,6s
111
80
80
87
do
ilo
do
do
6s.
Rich, and Danv. 1st cons'd 68.
do
Piedmont 88. .,
di
l8t8, 8s
.'^elma.
45
611
m
Cheraw uiul
'
Ss.
2d
do
do
2dM.,88
Orange and Alex., Ists, Os
dn
stork
& Savannah (p. end
Savannah and Char., 1st ni., 76
Il.3-a.919
lacks.. Isl M.
do
bfortheastern, P.C, let M.8«.
6s
Savannah 78. old
do
7s. new
Wilmington, N. C.,68..
8s.
do
do
do
lt,S54,.'96
88
stock
NorfolkA Pclersliurg Ist ni.,8s
do
do
7f
do 2d mo., 8f
do
to railroads. 66
Illchinond6s
d.>
ii,.3i9.66.7
A
Vorth
bonds. 78
mtg,
Income
A Opelons,1st M.8e
N, Orleans
con801.6s
lOs
Charlotte, Col,
I
end,
Iiu-nnu-
8b, Interest...,
2
*
do
do
do guaran.
Central Oe(?rj!lB,lKl M,, Vs
615
do
do
do
do
N. Orleans
88
Chariest on
11.3.53
1st
1st 8s, gid
,
do
6s. new
New Orleans 5b.,.
nToSiiis
11. 357.4
do
end by Plate fif Alabama,,
Mobile A Mont.. 8s gold, end
Mobile A Ohio sterling
do
do
do ex ctfs
KaelivUle 68, old
do
Nnrfolk68
Petersburg
88.
P.. 1st. 88..
do
do
do
do
do
Cirrulatlop.
do consold,.
Montgom.A Eufaula
ss
00
do
do
.
do
68
Montgomery
A
Montgomery & West
end.,M.& C.R.U..
(to
1
t m.. Ss.
2d in. ,8s...
Trnn,. 1st I0..7S
do
Mississippi
88
do
Atlantic
the condition o, the Philadelphi
Speiile.
iw.'to
79»,I00
41s oco
f42.6f«
00
1,6' 6,
are comparative totals for a sprics of
fcasl Tenn..(:
nat«.
Deo. i:
Dec. H
Dec.JS
Jan. I
M-2 too
2,'^'6.40O
5lfi,f00
the returns of previous
114.950.651
1I1.47'.IS8
do
•.Intrt-nee
Baltrrstri^lrSi'.''"'*
ri\fw
vi,eu>
.Jan. a
.Jan. 15
.Ian. 32
Ala.
219,350
210,900
680,0(0
800(0(1
180,000
Deposits.
I
155,1(0
;?!..4ro
1,120,400
1.493.4(0
619.(00
1.279.0
124 400
4iO.'00
791. ;io
;i4,t(J0
»llS,207.aO 4,011,700
'
OJ
4.lf9.ira
59 1,110
6.406,700
6,205.110
796(KO
deviations from last week's
returns are as lollotvs
n -crease
l,806,<'00
600,000
UO
1.690,11(0
05,(1(0
199.11(0
6,011
I77.ro
1?4
Mi6,T,l
215,660
596,0(0
!-.52.ii:3
478.018
57,,'O0
Moblle5B
(61,(«IU
1.<'-I0,9('6
4.'i| 010
3 .8,000
U2,f00
»48,050.0(O
Lvnchbnrp
2o:65-.
25:,8.,0
1,'
734.4(0
2.574.100
^facon 78, bonds
Mcniphts old bonds, 6s
do
new bonds. 68
1,(00,(0(1
3.55,933
100,790
1.0:l8,.n«
2.675.1 fio
476,'.01
l'25.0f0
2.4?4.'20il
JOIMW
do
532.307,291
6(0,000
213,407
303,(10
34 -.786
81.:T0
65.000
9.0(0
1.000,000
Augusta, Ga., 7s, bonds
Charleston stock 6s
Charleston, S. C. ,7s, F.L.bds.
Colnmbln.S. C.,68
Colnmlnis, Ga., 78, bonds...
8:o,«o
7!6o6
676
70.6(10
1..5(I0.(100
rilica.
428
.614 J
685..10(1
1 ,392.893
1,5:4,298
2.141.1(0
666,(10
'2(8.'.'(0
m
6'28.6I12
.591
5,671
.^60,0(0
00
.^0.
k:.w
4,6EO,((>0
Atlanta, Ga., 78
4,l'3301l
5,fs;,6io
2.:«0.5(»
Ml«,777
2.225,41
SKCtlRITlKS.
Dcposlts.Circnlafn,
8.0(0
1, 019,1
4Jl,^l(i
137,5(0
242 ICO
of
Total net
,„
8.39.-,00
700
71i;<Nil.tsl
Loans.
., J^"n,"l?''1,0:4,0(0
3.676,000
l,:0ti,''1.0
637,410
6-9,fOO
it.om
75,810
5..'.i29(0
9( O.aoii
2'-.S(0
6(2,212,024
656.855,409
5.4.35.(00
—
<:ommerclal
Mechanics'
Bink N. Liberties.
,
I,;86.5r0
4.574,7H)
2 039.6(io
919.(00
711.010
r,6 TOO
701.2(0
691. roo
8(0,0(0
SOUTHERN SECURITIKS.
Capital.
Sp"cle.
lai.IKO
SOO.0OO
2.000,000
lO-io.ioo
00
6(19,700
79l,!KiO
9(17,0f0
Some
t (I'lii-lMes.
lAM.lOO
North America .... I.IOO.OO
Farmers and Mech. 3,000.100
" "'-
2311
.589,:
.'2'26,(O0
2i'0
163,FIO
41.400
900
Feh.l9
Kch.2«
W72"
D. .,
Philadelphia
.3.951.400
5.'219.100
1
77.4
;0
857 ,(W
7.-.9,(0i|
162.100
I.947,Cai
Feb, 12
''".''^ followinjris the average condition
nf'I{!I'piTJ7t-''^2'"^—
^"^'"""^ ^"-"^^ *°' ^^^ ^^eek preceding Jklon
dly, Fcb"26^
1.000000
;,6000(«
5:4.810
994,9(0
1
11 (WOO
4.'.1S1.:00
Agsregatc
606,628.042
704.980,764
63; 5;9,252
6Gi,SO;,96l
671.279,331
681,345, 20
l9:l.H46,70i»
3.205.9(0
1.825.100
3..i37,V0
Cec. 18
Dec. 26
Jan.
45.042,900
rS3 .553.056
*O,40::,F0O
2 893,3(0
3,468.700
3.(RS0i<l
r8.r«i
I,0ti0.(i(i0
Da'e.
Dec. ;l
9,110
1
45.667,4(0
44,532,4(0
41,2i;,S(0
40,28 .,F00
40,058,5(0
205,8.'8,'.'00
1.000.(l(»l
ni.(>»i
12'<,f00
S8O.20II
332.2(0
52,4118.9(0
25,575,(00
28 51^,800
28,492.20
28,439,3(«
216.','00
Iii.-
22>,406..SOO
217,891.: 00
28,6'20,60O
9(10
The following
221,5I4,.VO
2i,764,;0O
V5.0 19,500
16; .(100
162
309.5(0
816,100
TenOers.
£T2,701.4'«
29.'i:i3,8'
.3.0:i).8(io
1.9r5,6C0
no
1,288,3(10
DpnoBits.
30,106,910
30,122,100
(S7,.i!0il
l.roo.lw
J.OOO.IW
weeks past
I8.117I.71O
23.18,1,110
25,751,' IX)
Mll.KO
.37i-.4(0
5,666
Sl.dO.
Dec. 1.379 iirn
Dec.
577. 00
283,179, :00
S9.l,'00
2.401. II'O
The deviatiOBB from
as follows
27I,.')83.U(0
270.5,5l.iKI0
292 S16.:i(«
291.038,400
11..'410
1,371.100
JO 7,700
Dec, 2....
Dec. »,. ..
Dec, 16,,..
Dee. 25...
Dec, »!._..
Jan. 6
49 800
1,(0. .500
90,300
1 5.6(0
Inc.
201,9(10
Leeral
Loqns.
'.'7,«iC0
4.56,«10
Dec.
l,564.9i.t)
are the totals for a series of
!i49.'.'iO
460.(00
510.(1(0
8.76B.roO
j
4(5,600
243 200
1,74-.410
175,300
783 61
782 (0
Pec
41.(i00
Dec. 2.121,800 Net Denoslis
i.ec.
I.sgj.soiu-Kal Tenders
Dee.
5,5JU|
t52,8(0
Specie
Legal Tender Notes
900.21,10
week are
68,(011
240100
Per, 1,582100, Dcppslts
215,9.XI
deviationB from the returns ot previous
8.5S.900
152.',C0
Loans
i,:8S,5(«
811.0
282.486,r(0 17,890.6'.O '23,113,100 213,318,2(0
,388.900
!T,4
Exchanee
1
S4.620.'!0(!
ll.lOll
48.3(0
8.9i3.6i0
6 8 H«l
3.012,600
20'
,',46
t52.t»0
U.8P0
Hid- 4 Leather
Revere
Total
'
ToU(.
5.700
900.000
1,COO,I»10
1.50(1.00"
1,000,(100
I,r(i0,000
6,i,3,.«0
1,141.1100
5.37.8(0
200
28.9(0
109,110
7~',9('0
l.si-l.Kll
793 000
567.700
79l.ro0
117.3(0
943,(WI
64».0t0
594,600
7.50.000
Commonwealth
270. MiO
1.U3.000
17 P.l.loo
8-'..'XW
21
2.'.&-..!«)
411,410
174,1(0
T(.2.W
216,91
683.1 (X>
60.600
115.101
81
9,01
714.4(0
I.041,r00
'20.700
9 .700
ICC. (HO
Union
WrltMer
700
l.noo.OO"
I.OOO.OOO
B'k 01 RfdiMiiplloi...
Biinkol Rcpnhlic...
City
Sicnrlty
J.S94.4liO
im.oiv
of Conimeice
Bank of N. Amrrca
B.iiik
2i;8.4flO
SviOt
2.70.000
2ri0.000
Third
5.0 200
19600
55,100
2 100
132 200
74,000
169.100
51,100
193.800
66 810
Second (Granlle)...
129,7(t)
I.'OO.'i'lO
9(10
TrcmonI
Washington
810,2(0
l.OOOOOO
2,000.000
1,500,000
COO.OOO
2,' 00.000
Tiadcrk'
S'l.loO
I.2;'-?W
si.eoo
4.100
StKic
Suffolk
'2.4i:0
9.o«.;ii(i
1,000,000
1.000.000
North
Oil Boslon
Shawnint
Shoe* Leather
f 2 1,400
20i>l!.40i
200,(XiO
New Rncland
;,9i'0
S.OOO.'OOO
40000(1
S.OOO.OOO
Merchants'
Monnt Vernon
F.«g\i:
5M.0ll(l
,58'..90
11,492,500
22,80 ,6110
1,1B5,'00
1.813000
first
283,0
,5. 6.' 01
457.91
741,7iv:
201.0(10
5'4.01io
2.(V6,SO(l
I.421.f0il
.2,410
154 ..100
127.400
.'58(00
I21..200
:. 177.700
800,(100
600000
41«,'0(i
055 900
l,5(0,,0l)
1
2,EK4.r0(l
Massachdselts
lO.^Oil
3(X).000
l.MHi.OllO
Bncond Ka;ional
Ninth National
Klrst National
Third National
New Vork N. EjtchanRe
T^nth Nation II
1.0
:!00
nv
2:4.2(10
511.1100
5'2,.500
1.219,700
1,9:«,40|
!, 893,100
I.l91,f00
2,37K,ilO
42"..;W
4(1(1
236
385
740.:Ul
2.f(820O
1,4574
Murkcl
Miiverlck
I
3
49;i.80O
2.(.'6.','illO
m'M)
Oriental
Importere and Traders'..
891 OKI
1,152.301
5.5.54.6(10
2.9.0(0
l.Om.OOU
Marine
I
510.4l'0
2,394,100
fl'SKO
5 ,300
223,7(0
40,1(5
119,400
95.100
2t.'(»
(iOSOO
30.(W1
23.100
18,900
9,7HI
I2.7r0
2,048.20il
2,>S6,!I00
'200.000
1,000.000
750,000
1,(«I.0C0
70,900
»1,472,300
2,760.400
3.612.100
2.107.200
l.SHI.STO
1,000,000
(00000
HamlMon
Howard
64i;.0(IO
116,(1(10
920*0
8.6(10
Everett
KaniullHall
Freeman's
Dlohe
110,800
859,1(1(1
9l"1.000
K>.7iO
Kliot
I
315,tilfl
426,aiU 3,471,3(10
J.OShm
Shoe «nd Leather
Corn Uii^hauKe
Atl.-Sltlc
Broadwav
folnnibion
Continental
4,71s 100
1,500.000
I.Mfl.OOO
1,000.000
500.000
200.000
1,000.000
I.OOO.OOO
1,000,000
...
sse.soo
8,128,600
4.W»i,700
8,Sil.'0O
II.i,9llU
I
488,tt,W
,tii!.(HI()
3i>2.1(10
9.7:(18i0
niackstonc
Boston
Bovlston
5,3(1,90(1
2,555.8(10
5«.',S0O
nm.tM
Atlantic
Atlas
1
;
l.(iSl,fiOi!
47'J.W'O
3<i2,S0O
iif,l(iu
32r>.-,(lo
3.69:i,0'0
I
1.661.7(10
5,f.-.i .V)0
500.000
4.000.000
400.000
8t. Nicholas
3MkO(JU
2.11l,800
1.441. lOO
s,2;7.aoo
Irvlnit
Naaua
l!,(re.',S00
S.(I63.0U)
America
Hanover
Marnet
1.074.210
e,T23,iro
412..500
Metropolitan
Citliene
3,979,6t«
4,7-8.100
6A000
1.000.000
1.000.000
Iforth
SV.SV
9.71.0
:
»9SI,f«0
641.410
00
405,1(0
l,071.cOl
Sio.ooo
1/235,000
1 .100,000
800,000
600,000
aoo.OOO
600,000
500.000
$f05.0O »9,7S1
H.-T-'JI.fiOC
88.3iio
450,000
*....,..
,6:3.4
19li.4iio
2.000,000
S.000.000
10,000,000
1,000.000
1,000,000
422,700
2,000,000
»>ercantU«
Paciac
1
5.S»i.500
1872.
2,
Boston Banks. Below we give a stat.eraent of the Boston
National Banks, as returned to the Clearing House, on Monday
Feb. 26, 1873
Capital
Loano.
Banks.
Boecle. L.T Notes. Deposits. Clrriils.
J
7.o9ii,9(i0
3.(i7.^«iio
rmton
Chemical
Gallatin,
H
»8.I1(J0,(X1('
.
Manhattan Co
Uerehanta'...
[March
:
1
—
AMOUNT OF—
Lepa
LoftDsand
Net
ClrcnlaDUcouDto. Specie.
tton. Deposits. Teiiut IS
CaplUI
BlllKl.
Ndw
9
:.
:
I
I
do
I
Southwest.
4tli ni..SB
Tin,, tin.. Ist
do 6s
do
do 7b
do
do
do slock
Va. A Tcnn. Ists. 6e
do
do
West
lids, 6s
dds 88
Ala.. 88 (filar
Wilmington and WeldonTs
do
Ch& Until. Ist in. end
do
do
16t M., 86
Pa»t Due Coupons.
Tennesece state Coupons
Virginia Coupons
do
do
deferred..
MeniphlB City Coupons
•Nashville City
Coupons
HI
rs
94
81
62
S2
95
mtg.
lio
stock
Spnrlensl.nr, A. Tnh.n 7s. guarS.t:Hrollna RK. 1st M,78(im w..
80"
^^
50
>o
r..j
j
fl
;5
90
S-3
(0
fS
(6
72
.S7
(10
92
BU
88
64
95
47
47
51
61
-;5
87
30
K
.
March
1872
2,
.
.
S
H
.
—
X
,..
M8
.
THE CHRONICLE.
J
289
QUOTATIONS OK SHOCKS AND
ultlNKKAL
HONKt*.
Arlire Slocka and Bonds cUon on m Previous Pskc are nol HrpeBlpd here, (luoiallonii In ^cw York mrr mado «l th
Per Cent Value, Whataver (be Far may ht. onthem, Vttr and Bamead SacartUfa are Quoted in a Separate Ltot.
OVBITIU.
•TOOia AMD
NEW
(U. S.
VOilK.
VirKlnlnlir. old
new bond*
do
do
do
do
do
reKlPlcrcd old
—
5T
Wi
St. L.
do
do
do
Ilan.
A
St. Josi'pb.
do
do
do
do
do
do
levee bonds
8s
8s
do
1875..
do
PenUenllarv
7i.
8s.
of
do
100 >i
10 >i
A Knf'la K..
Alab. & Chat. U..
do
F^s.
Arkansas 6s. funded
78, L. K. * Kt. S. Iss.
do
7s, Memphis A |y. It.
do
7b, L. H.. P. 1).& N.O.
do
's, M>ss. O.ft K lilT.
do
78 Ark. Cent U
do
Texas,
coupon.
do
6s
do
do
I8i9
War Loan
,
'77
•J.
con
•
do
do
do
do
do
do
do
do
187
1874 ...,
187>
1877
187S..
187i
Central
,06H
.,
HT5....
1876.
««, 18.S3
lis.lSfT
68, real estate...
68, subscription.
7s. 1876
7s, conv. 1671
7s. is(i.i-7«
do Ist
do 7s, 2d
do 78.3d
do 7s, 4th
do 7s. rith
Long Dock
do
Kndorscd..
X
a4v X
92:,
do Con. M. & S'kK F'd 6s
Albany & Susqh'a, Ist binds..
do
do
2d do ..
do
do
3d do ..
91
;os
Chic, Bur. A Q. a p. c. 1st M..
Mlch.So. Tperct. Sd Mort
Mich. S. A N 1.8. K.7p.c....
Paclllc K. 7s, KuarrVI by Mo...
Central Paclllc gidd Hiiuda.
.
>^\
io:>,
do 2d M pref
do 2d M. Income..
Chic. AN. We^fernS. Knnd...
do
do
Int. Kondf
do Consol. hdf
do
do
do
Kiln. Bd>
do
do
Ist Mort..
Han. A St. .lo. Land liaiils..
do
do convertible....
Bsl., Lack.
A
We.<tcru, Ist
do
Tol.A Wab'h,
do
do
do
do
2
ilo
M
-M.
1
NI Mort. exl'd
114
A
10 1,
0)t.
•n%
8I»
X2S
UJX
lUO
•ri
s;
80
n
101
i ..
iBt
i,\
Mort.
8d
Mort
I'e .liisulaiti Mort..
M
cony
37
I'S
6*s, gld.,
."^t
^4
95
lo:
b'l'/i
87
04
lit)
AFox
A
a
1-6
8s
Neb.)
1st
»i
,0i
Hi
91
SUH
90
91
fSi\
90
92H
loo"' 101
do
112K
Belvldere
113
112)*
112
do
do
do
do
m
IS
9(i
I
101 111.
A
9:ni
6 of "75
•J5
fiof'K!
91
di-
oiH
1
3«X
A Sii8.juehanna
.Vtlunllc A Piicinc.pr»f
II ston. Hartford A Erie
<;liicago A Alto
117
pref
d
do
!H
1S6
Uhlo BurAQnIncy
clMT., Col.. iMrt. A In.iianap..
.\lhany
1
(to
M..6,
1st
•2d
1
90...
M.,«,l.f75....
M\
n
50
14
37
88H
ft)Vi
i.'K
imsj.iOt
do
do
do
do
do
do
do
lo
do
I
do
A
M.. 7. 80..
2d M.. 7, '85..,
Isl
ft 1)..
do
do
A
West.,
Ind., Cln.
ft I.af..
1st M.,7, 19()!i.
1st M.,t, 1905,
1st V..7
C ) 1st M., 7, 188f
Ind., 1st M.. 'I. '85.
do
8
JS"
82XJ Louisville
ItlU
94*
99
83
6
^^o;d)«,tH 90
lslV.(cur.)t, •»> «<X
98
Krie 7a
c. st'k
guar
6s, 'S2 to 'S7
Mad.
Loulsv., Cln.
lOuX
p
Miami Block
letfwrson..
1
V
Ilani,
OX
i3
6, 'SO
6. '36, 101
Debentures.
,
do lBtM.(Leb.br.ex)7, '80- '85
do Lou. I.'nd.eb.br.ex )6, tf
do Consol. Ist M.. 7, 1898....
itKi
6
do
7. *«fl
do 7.gen.M,cl9in lIX)
do «, legls'd l'ilo;i<W
do 6, gol.l, 1910. ...
,Phll», AErle,lst
....'«0H ,8uDbury
X
»x
yst,
do Debentures, 6, '6ft- "(l
Philadelphia A Reading. 6. "il
'.nx
•
9'X
98X
'.ox
149.H
88
l^ulBV.C.A Lex..lBl M..7.1»7.
L^nlsAFr'k.. lslM..R.'7ll-';8..
do
I.onlsv. l.nan.t.'RI
I.. A. Nash, Isl M. (tr.K,) 7,TJ.
do Lor. Lo.in (n> s.^S.SC'Sdo
(Leb.nr,)6.'8l>
do
do lslM,(Mem.Iir)7.Ti>."7»
HO
"95
87
9«X
••
.'is
fl«,'97lo'98
do
Water 6a, '87 to '89.,
do
do
Water Stock ts, '97
Wharf 6s
do
do
special lax 6s nf *8fl.
leir,. Mad. A l.lst»l.(lAM)7,'8l
do 2d M, 7. 1873
do
do
do 1st M..7, 19IW. ,.
92
do
2d Mortgage. 7
OllCrcekft Alleg. P.., IstM., 7.
Pennsylvania,
t'lrnfllNNAI
Louisville
to
C(-nB.M..7,
lOu
(t,
do
9f
M..6
lunc. Phils .tsl M.,giiar.«. 'ifj
l.chlgh VnlliV. I»l M..6. ls7a..
do Ist (new) M.. 6. "S-,
do
Little Sclinvlklll. 1st M., 7, tun,
Xortb Peiinsvl., 1st M., 6 1880..
Clialtel M.. 10. 18«7.
do
H%
19
'0
ns
fi
'0
92
93
88
16
ts
86
16
-.2X
115
:i9
91
09
M
r.
101
to
«
91
100
n
))
!3
M
(•9
87
88
(8
78
75
89
70
V8
!-5
.19
4t
111
MX
I,<>IJISVIM.K.
P4
84
7s. IS«I
Ist M.. 7..
2.1 M.. -..I^..
do
do
do
]
IK,
do
ra
85
do
do
do
Little
67
Hunt. A Br.iadTon.
211
3dM.6«
1
,8
Wll'ius, 5s
do
1^8
9S
of la....
do fpsorno
do 6s of 'H5
(N. W.Vn.)2d M.6S
Dayton
do
98
02
"tX
2d M.,6.
.Id
I
73
...
6nf8<l.,,.
ronso!,. 6 of '89..
Cain. A Bur.* Co.. Ist M., 6 ...
alawl-'S. 1st M..7
td
".;;
do
do
do
do
do
10
(Not previously quoted.)
Weslcrn
nubnqiie A Sioux CM y
•iH'xloo KrlcIJallway preferred
.
5fl
6s
A Ohio 6s
;oi
'«X 100
Central Ohlo.lst M..fi
Marietta A Cm., 1st M., 7, 1891
do
do
'2d M.,7. IRHS
Northern Cent.. Ist M. (guar) C
do
do 2d M.. S, F..s.'a5.
53
5
do 6s. -85
Delaware, 1st M., 6,
CKmden A Amhoy.
99
Oil
CICTe. A P1ii«b 're. g'laCentral of New .lersey. scrip.
Col. Chic. A Ind. Central
old
new
Funded Debt
do
do
do
do
ltd
fle.-TT-'SI
6s,
68,
H
lot
ma
do
H
(T. A
A
69
mix Jnnc.Cln.
Little Mlaml,1stM..fi,1SS3.... 87
;ii6
|08
Cln. Ham. A Tiavtnn stock.. .. 94
97Xl Columbus A Xc'nia stock
88X
10 a lOOX
«2
Dayton A Mich Kan stock
6s, 1871 lllOX
Loan
do
do
do
ll-S
Ulj
9'
\lleghany County,
Ilallrnnd Stocks.
A
IS
1877
do
do
93
.
."is,
Military
do
Baltimore
84
19
108X
100
18
3dM.,S,77...
SIX Cln, A Indiana, Ist M,.7
IN),
do
do 2d M.,7, 1877..
109
Colum., A Xenla.lBt M..7, '90.
Dayton A Mich., Ist JI., 7 81..
do
do
2d M.,7, '84..
6SX
do
do
8d M.,7, -88..
99*
do To'do dep, bds.7, '81'94
Sli
PlttBhiirgCompromlse 4XB.
81
Miclilcnn Air Line, Ss
.Inckson, Lansing A H. xs
s't. Wavne. .iackson .» s.,as,..
Gi» d ItiiphlB A Ind, iriiar. 7's,
(trnnd River Vallcv. 8s
Chic* Mich. I.a'.e.S„Ss
Detroit. Lansing A L, .M,8s....
Del.. Lack.
...
Stock Loan. 6s. T* T,
Philadelphia
'r,',i
93).
conv..
,
X36
do
do
do
100
99)4
-
(In
Pennsylvania
92
r,H
es,:9ne
i'9o Psik fs
do
do
U3X
PHII.AniSI.PIIlA
e.y.
.\nicrica Central RR *'«
•eorla.» ILinnlb.il ItR S's
M.
L.
do preferred
Vermont A Canada
Vermont A Massnchusetts
i«:s
Jo-
do
Cln
•••
Chumplalu
pref...
do
do
Old Colony A Newport
PorL.Saeo A Portsmouth....
r,H
July...
do
6s
8<
la
do
7.311s
Ham.Co..Olilo6p,c. ong bd*., 9(1
do
do 7 p,c.. 1 to,%vr« 92
do
do Ig bds. 7 ft 7,3ft ;oo
Covington A Cln. Bridge
is
Rutland cuininon
Chicago A lonaRR.8'8
ninahaASoiiMiwe tcruRR.S's
Detroit. Hfllsdnlc A Ii, RR. «'f
KnlauiSTOo A S. Haven RR.Vs,
Iturtingtun A .M.. Land ,M..7s,,
do
do
2ri S., do7B..
do
do
3d 8., do86.
do
do
4th S.,do88..
do
do
5lh S. do 8a.,
do
do
6th S..doSs.,
A
A
A
N. v. (anal
ClncliiuHii
.
ogdens.
VIS
Maryland 6s, Jan.. A, J.AU.,
do
68. Delence
BoltlmoreCeof ';5
do
IS.'t
•i3H
to
A Lawrence
...
Vashua A Lowell
Northern of New Hampshire.
Worcester
Norwich A
99
Hi
98
..
88..
.
A Providence
Vlanchester
Sn
70
90
.V
7s, .Isn.
>\
35
do .3d M.. S. F., 6, 1901
do ad M. lY. A ()6.'77
do (;on8. (gold) C. I'flC
Pitts. A Connellsv., IstM ,'•,•»
do
do
1st M„
ins
West Md, IstM, endorsed,*, '«i
Isl M„uiiend.,6,'90..
do
do Jd M.. endorsed, 6, '90,
Raltlmore ft Ohio slock
liixliiV
Parkerslmrg Branch
••. i:2V Central Ohio
do
preferred
Onnectlciit River
(Jonnectlcut A Passumpsic, pf
Kastern (Mass.)
Fltchhurg
Indianapolis. Cln, A Lafayette
97
47
90
6S
l?i
•Mh
h, 8s
stock
11
Dels. Canal...
IIALTimoRK.
9«X
95
,
(Cheshire preferred
Cln..S:indu8ky A Clev. stock.
70
R. Valley 88
Grand Tr mk
Dub, A Minn,.
iwx!
" Concord
90
Ss..,
linn., Ss
6*
A Lowe
A Maine
Boston
Boston
Boston
ti8
25
42
95
95
:i'ix
Jo.* cm. It M.IOB
Mo. n.. Ft., S. A Gnlf stock.
do
do
l8l.M,li>>
do
do
'2il M., lOs
Leav Law. A (;al., slock
do
do
Isl M., tOa.
™
do
do_
.Si
St.
'
8J
''' -c.en'tbds
lOJ
81
86
82
101
i
A Southeastern R!t
A -1. Louis
Burl.
.
n,.
. ci
Pit...
iV
Sioux
n
92
IMX
99" lOBX
Ogdensburg A L.ike
Harttnid AErle, 1st M (few)7, 3--il.'
do tertlflcates...
do
Old Col. A Newport Bds, 6, "76,
do
do Bonds, 7, 1877..
Rutland, new, 7
Verm'tCen., l8tM.,cons.,7,'W MX
do 2d Mort .,7,1891
:oJ"
Vermont A Can., new. 8
Vermont A Mass., Ist M.,6,'88.
l49Xi;i».ls
Boston A Albany slock
75
92>i
!>
jS
.i4"
to
.02
(Julncy A Palmyra, -is
KansrtB city A €.. I'lfl
^_
do
do
&
Dixon. Pioria
Ill,
;01
M
A
.
K!
building loan
Uurllngtoii A Mo. L. u.,7
Cheshire.*...
Cln., San.ft Clev..1etM., 7. "77.
Kastern Msss.. conv.. 6. 1874..
Portland
Pitlsbuig.cln,
Chic
So. Iowa, Ist Mort..
tt ilena A Chlcatio Extended .
-.1 Mort...
_. .
„ do
Chic. R. Island* Pacific
o:y lot
Morris A Essex. iBt Mrrt
:o4>4iio«
<•"
2d .Mort
.1 »»
ri.*"'
t.leje
4 Tol. Sinkmir Fund ..
New Jertey Central, 1st M., n. lOIS
"*"
2d Mort.
Pi.,?'.,
ritls. Ft.w.*Chic.,iat M...
:::\
111.
Oreg-^n.
Oulncv* Warsaw,
2d Mort
Kqnip. lids....
nns. Convert
Hannibal A Xap-<>» IstM
Great Western. 1st M.. 1****
do
2(1 M. 1W3....
QnlncT Tnl.. 1st M.. mso..
gold
Huron A I, Mich, Kit. T.i
do
do
7's, end
=ioutlien Pacific RR. 6 s.gold
Atlanllc A Paclllc RR, 6's gld
Ccn RR. of Iowa, .st M, 7's gld
do
2
M. 7's. Kid
O.O.
IstM.^tLdlT
t
A
Keokuk A SI. Paul,
Carthage* Bur. 88
I'i'
Union Paclflc 1st .MVcMonds.
do
Land (irnnt*. 78
Income tils
do
do
do
188'.
Port
'hi.
loiV
m"
.
Illinois Central 7 p. ct., 18J5. .
Bellevue A S.IIls. K. IstM.S's
Alton AT. H., IstM
Ts.
Pcnn
Rs
5s,
WX
113
A
Morris (consolidated)
49
lis
do prelerred
Sebuylkfll Navlgal'n (consol)
16
do
do
prel ;8X
Sns()nehflMns A Tide-Wster... 18
io:}4
10!
gold
do
Ohlcago Sewerage Ts
Munlctpdl 7«
do
I
M.Ss, 1832
Ist
91
.loseph. 1st. 6s, gld
Lake Sup. A Miss. Ist 7'8, gld
SoutlH-rn Minnesota. (<'k
'iockforl. R I.* St. L. Ts. irld
Peoria A Kk. I. RR. 7'8. gold.
>t. L..
Boston
01
.
'ji;.
.t
Mich. Cent.,
25
95
*)i
26y
iifi
West Jersey
6s
.
7t.W
Delaware Division Canal
Lehigh Cnsl and Navigation.
West Jersey
6s, Currency..
6B, t7old
5b, Gold
I'
Phlla.. fiennsii, A Norilsiown 1,2
Phlln., Wllnilng.A Baltimore ;inx
Clitsniieske
'Irustees I'ertU
do
do
Haven
Phlladelpbln Erie
Phllsdelpbla ATienton
2>1
MasBachnsetts
DIX !»
Creek A Allegheny River.
Pennpvhiiula
BOSTON.
9!>.
Ts
n.nverE.D..8s.gold
Dsn\llle A Urbana. 1st. 7s wM.
Indlanspnli«,t West, lst,7Rgld
104
19
i:«
(Ill
57
f
Ft"
7«
»x
Not thci n Central
North Pennsvlvania
)i
Sew
Mo.
I'aclflc.
California
9S
do
18711
1883
do
IR"*
do
do
18S8
Bonds
K. 1st M., 1^^7...
Hud.R. 78, Jd M.S. F. 18S5
do 7b. 3d .Mort.,lg7S
Harlem, 1st MortffAtfe 7<t
Hull. N. y.
Ills,
St., (OS*
Krie Ist MortKaKC Kxtended..
Marvland Coal
Maine
102 W
90
9S>4
()hlo.6's vaHoita... 94
lUO
do 7's various...
do
Slate AliU,6'8.
Western Pacific, 68. gold
Kansas Pacificist M.. (gold) 7
do
IstM.(Kld) 6, .T, AD,
do
lBtM.(irld)6 F. AA.
do
'BtM,(Leav.Br)7.cur
do
Land Or. M.. 7, 1380.
do
Inc Bonds, 7, No. 16
do
do
No. II ....
Denver Pacific RR A Tol 7b.
Itallroad Bonds.
do
do
do
do
do
do
d"
,.
78
Mis ourl Hac..fi6, (rold
o:
iVtchiSDn A P. P- 6s KOld
lo; jii Callfoinln P.ic. UK. 7s.
Kid
106U
58 )»
31.
do
,
Canal, H"2
<,'o»t
ji"
wlll|siiis|.ort
ft
l.illleKcl.njltiiil
Mine Hill ft Scliuylklll
Ist pref
do
N. .1. la d Ini|iro\eincot Co.. 75"
2:0
Pennsylvania coal
60
Mountain
Spring
Coal
Wllktsbaire Coal
83*
'"anion Co
119
Delaware A Hndsont wiai
Atlantic Mall stcarnBlp ....
>lartposa Gold
....
...
Detroit City. Va
t'lik
Itounty. res
N. T. Central
M
Elm Irs
IS5K
S-2
MX
KIniira A \t HllHiiisport plvL.
I.ehlgb Valley
BoBton Water Power
.Mariposa pr
lay
123
Catawlssa »loek
do
preferred slock
Coiisolldtiled Coal....
i'uniberland * oal of ISA
II»nipBhlrc,6s
Vei-tnont 6s
Peter. 1st
St.
St. .Joseph,
7s. 1878
do
^merl^al<
'
Winona A
Cook County,
««,I88.')
ft. Ogdeiis..
T. ILinte...
do
prel
A
2
79
1st
do
do
Camden ft Aniboy stock
Walcrlown
s*
M
I(fi6
M.. 6. 1877
-.'d M..6. Iff?.,
lniprov..6, 1870.,
do
do
Mocks
40
.,
M.,i.
Isl
Boat loan.K. K..7, "«
do
St, Louis A Iron Mountain
South Side, L. I
Toledo. Wflb A w estcrn. rref,
Ifllpiccllaiieoiis
tie
uiot.
1st
Morris,
Schuylkill Nav.,
special..
Louis, Alton
,
Cleveland,
6e.l8;8
68.
««.
6s,
«8,
6s,
<s.
S«,
5s,
59.
Erie
HIX
Saratoga
Quicksilver prelerred
Wells Fwrgo scrip
10),
Ss
do
do
do
do
do
do
do
do
do
do
Haven
l>.
do
ft
do
83'
2dM.
12S»
scrip,
do
do construction
North MlBpo.irl, Ist Moi ti;aKC.
<lo
do
2d MortffRKe.
.Icfferson RH. 1st Mort. bouds
N. J. Koulhcru. Ist M.,7<
K. enn Va. A <ia., 1st M., 76.
Am. Dock A lni.C.o.7. V6
tV Cnlii.i Icli.
I«t M..7 lt.7R.
Chicago 6*8
7'8
do
Jlle ilKHU «s, 1K78
Kew Vork
Burl'n Dtv,
ArkHiisas L' vce b.nds, 78
Albany Clty.e's
Cincinnati 7-30*8
IllinoNcHiil bonds, ISiO
do
Jo
do
A
Itonie,
St.
ai'
W.I),
do
do
do
1-3)4
»i\
Bt>nda not tliiotrd at
the N. V, Honrd.
OHIO «s. iFtTn
do t».18.Sl
do «e. 1886
Kentucky ts
do
Indians
A
H.»
I
of 1S76
l"s,
do
do
do
.new Fork
do
Rensselaer
1(17
A Ash., new bds,
do
old bds
<lo
Buffalo A Kile, new bonds ..
St. L, .larksnnville * Chic. Isl
South Side. L.l, let Mort
Morris A K-sex, convertible..
Urge bonds
6s
Kbode Island 6«
Alabama &«
Rs
do
8s Mont
do
Peoria
Tol.,
Wllnilng.A l.'isd..isiM..1.nm
N.T., Prov. A Host (Stonlngt.)
Ohio A Mlssnslppl, prelcrred.
Panaiiia
Puis.. Ft W. A Chic, guar .,
i2
2d Mort..,.
Warsaw, K, D.
do
•»H
1J.X.66
do
(III
2(1 Mort IMS.
Chesa.A Delnw.,lsl M.,6, 'M. M
Delaware Dlv.. Ist N.,6. TS ..
Lehigh Navigation, t, ^8
do
T.oanol 18M,il, "M
do
I,o»nof|8»7.«. •«
do Ooldl.oanol yi.*,"*;
do Convert, of 1877,*, Ti
iu"
lOH
A Kssex
New .Jersey
New York A New Haven
!'5
>ot,y
Clevc.. P'vllle
1910,
Connecticut
Moit
do
do
ifuaruntted
Cedar Fnlls A Minn., 1st M...
Detroit, Monroe A Tol bonds
Lake Shore Dlv. bonds
Clevc. * Tol.. n w bonds
California
«s.
LAM.d
n
(In., Isl preferred
do 2d pref.
do
KftstiTn. 1st Mort.
Ind., iHt Mort...
do
Boston.
fls.
te.
M
A
tik
IIM
ory 7s,lfn'.
Fu'il
_
181
I
do
93 js
8V
1st Mort..
ChlciiKO. let Mort...
*
do
new bonds
new floating debt
2d
Cen Iral
hicago
A
Pllila.
P!ill.,Wlli„.» H»l.,lslM..«,'»4 lit
Weslcb.APhll..lsl M.,C(.n»," iw
do
do
2d M.,6, ll!7».
18
West .lersey 6, 1SS.1
•t
;«
.M
scrip,...
Morris
!6;k
94)4
7 3-10
thlci
Col.,
31 -k
1st
do
Murt
fin., 1st
ft
A ct
,'<:hlc.
Louisiana (^
do
do
do
do
do
lollcl
.1an.& Juljr...
Oct..
My
n
* Milwankce
Chic.
Aprb &
Missouri 6s
Consolidated...
do
2d
Iron Mountain 1st M
St. Paul, Ist Mort. 8s..
Haven
do
I0i1«
Island
Mallctta
A
Marietta
Ina 's
do
do
A
Mil.
A
Long
Miss., Ist Mortunire...
do
do
do
do
7ii, new bonds
do
do
7s. endorsed
do
7s. Oold.
North r«rolln«6s. old
do
do Fnndlnx Act.lS«6.
18«e.
do
do
do
do new bonds
do
do Special Tax
do
IlllnolB
.lollet
do
do
'•'*
Fouttt enrol
A
Ulilo
N.
do
•TOOKa AMD aSUVEITIft*
Bid.
una
A
Hartford
do 4lb Miirl
Chic. A Al'on Sinking Fund,
do
do
1st .MortKSKe..
do
do Income
M
tSOTIMTIBt.
Harlem
do
prei
In
l»«i....
do
do
IfOI....
do
do
do conso). bonds
do deferred do
G.*orKt«
trOCM AMD
Aik
PId,
•SOVIITISa.
Pitts., Consol. 8. F'd.
do
2d Mort
do
3d Mort
do
do
M
TenneMpii 6««, old
do
do new bondf
dtt
d'>
A
Clove.
quoted before.)
lloiid*
Klate llouda.
to
•TOOU AMD
Did
do
101
A
Ind
Lex., pref
P*
81
;s
(2
:8t
««)
81
-.8
71
f«
n
f*
;6
SI
!•«
8.1)
87
»«
90
81
94
•2
ts
u
•2
H
MX «X
M
fS
90
MX
M
13
ii
ft
commoo.
do
A Nashville
ST. LOITIS.
•7
3R
•,J
ong Bonds
»H
6s. Short do
...... »l
do
IM
o:
WAter6«,gotd
4o
do (new) :(«w 101
do
do
Park !• gold ... ...
do
Sewer PpeclalTax ts
do
•1
North MIseonrL 1st M.7» ..
4<
Sd M.7»...
do
.11
8H
SdM.la..
do
dt Louis Ss.
<
I.
l!Pacl(1c(o(Mo.) lstM.,lld.
[North Missouri stork
.;
Kansas I'afinc
.IJUlMutirl
do
I'iscilt: d(>
...
90
it"
I-'S
:
:
.
:
[March
THE CHRONICLE.
290
Peiinoylvania Railroad— Annual Report for 1871.— The
^I)e Uailwatj iHoutUr
«ITY ANB
twentv-fifth annual meeting of the stockholders of the Pennsylvania Railroad was held Feb. 20. The following is an abstract of
OF STATE,
LATEST INTEI.I-IGKNCE FINANCES.
ICAILROAD
^I^^EXPLAN&TIOS OF STOCK AND
the President's report
" The earnings of the main line of your railroad, 358 miles in
length and 358 miles of branches, were
liOND TABLES,
1
:
" Bankand Bond" «r« pve» m the will be
Prteei. of the most Active Stocks
bccurl
o.ner securities
all other
nuotatu.u» of ...
Kull quotationnrevlouslv.
J.'r^r:,.r'
Oa«.le,"-previou,ly.
er.-
i.E
<m the
first
of each ."""'!'„.,,,
$8,113,2(34
From passengers
From emigrant passengers.
From ma. .8
From e.xpre.''s matter
From general freights
From miscel.aueons sour-
iT
Tar. CiiBOMi
2, 1872.
EXPENSES.
i
!5*i,o92
I
For conducting transportation
147.893
I
3
12
849
14,0.i2,.304
281,632
ces
14,039,761
For motive power
For maintenance of cars..
For maintenance of road..
For 4;eiK'ral expenses..
3 049,(i27
1, '202,521
3,.302.S86
229.845
^,,„ Railroad Sccnrl-
..i;,".rAr.^.7k«A%^o' HoSi-:'^'u.*;,v,?;.tio„.
«...
he „uh.ish-
$11,823,433
$18,719,83«
Leaving net carninss in 1871
$6,896,408
The total amount of revenue compartd with
ff^/Sir"^.;;^
ISZ^
?„?'?l;i^"!^
ivil.
he
containing this snp-
Increase
Increase
Inciease
Increase
Increase
RAILROAD BONDS AS AN INVESTMENT.
coraparel with
an invest i.cnt
Tlie safety of railroad bonds as
is an important question
the bonds of States, cities, counties, etc.,
during a number of years
tiated in the
New York
in the
payment of
or foreign
inter-
a few instances there has been a default in interest, with serious
even in the.se esses we believe the diffi.
j
culty has generally been found in a had management of the propThe
erty, rather than in a lack of value in the property itself.
general course of railroad property, whenever well and honestly
managed, has been such as to inspire great confidence in the
of
mortgage
first
been made in
this
market
shall hereafter have
upon which default has
several years
for
past, referring
circumstances attending such default, and the
brieHy to the
present condition and prospects of the companies in each case.
NEW i,OANS.
demand reported for the new loans, though
the inquiry from large purchasers in New York and the imme.
diate vicinity has been somewhat checked by the closeness of the
money market. Since our last report the first mortgage land
There
is
a steady
grant 7 per cent gold bonds of the Cairo and Fulton Kailroad
CVjmpany have been brought out. About sixty mi es of this road,
from its connection with the St. Louis and Iron Mountain Railroad, are now in operation, and the remaining 241 miles under
contract; its land grant is 1,926,400 acres, and the entire loan
$8,000,000.
The Montclair Railroad
Midland Railroad
first
1,149
51,564
$1,435,760
Theaverage distance travelled by each passenger was 33 53-100
miles, being 3 13-100 of a mile less than in 1870.
The number of tons ot freight moved (including 534,451 tons
of fuel and other materials transjiorted for the company) was
7,100,394, embracing 3,101,441 tons ^of coah^ It was last ^year
5,804,051 tons, showing an increase of overSSi per cent in 1871,
The average charge per net ton per mile upon freights during
the year was 1 3887-10000 cents, against 1 .549-1000 cents last year,
1868
1 718-1000 cents the year previous, and 1 9001000 cents in
and per passenger, 2 53-100 cents per mile, against 3 49-100 cents
charges
in
rate
freight
decrease
in
of
last year, or an average
1871 below those of 1870 of 10 35-100 per cent, and in passenger
charges an increase of 1 61-100 per cent per mile.
The actual cost of operating your railroad, including branch
lines, in 1871, was 60 37-100 per cent of its receipts.
[The earnings of tiie Philadelphia and Erie Railroad in 1871,
were given in The Chrojjici,e of Feb. 17.]
The " Low Grade Railway" across the Alleghany Mountains,
now in rapid progress of construction by the Alleghany Valley
Railroad Company, will intersect and use the Philadelphia and
Erie Railroad for about 130 miles of its Eastern end, where the
gradients are equally favorable, and when completed it must add
materially to the revenues of this line. This " Low Grade Railway " overcomes the Alleghany Mountains the great barrier to
;
We
bonds.
$123,893
l,25!f,144
mails
express matter
cent.
loss to bondholders, but
occasion to notice in detail the bonds
passengers
freights
of income that show a decrease are emigrants
(16,379 80) and miscellaneous ($341, ;J41 10). The first is accounted
for from circumstances connected with the war between France
and Germany, and the latter from the large collections made in
1870 from other railways for rents, &c., due to previous years.
The whole number of passenirers carried in 1870 was 4,353,760,
and in 1871, 4,099,985, an increase of 347,310, or nearly 8 per
immense,
Tears has been very large, and the amounts involved
while the result of these negotiations must be considered, upon
the whole, very sati.-'factory to the purchasers. It is true that in
security
first-class
revenue are shown below:
The only items
The number of loans negomarkes within the past ten
past.
in
in
in
in
$1,188,130
in the sources of
Total
offerings of various bonds bearing
at the present time, when the
numerous. The safetv of railroad
very
high rates of interest are
smull >mounta
bonds as a class, is well shown by the relatively
est
$18,719,836
17, 531,706
The changes
»-••
uppn which any default has been made
is
nciit.y
iipp.y regular subscribers
^S^^^^J^^i^^^
year
1871
1870
2s^e^-;Ls:lfi;"?hJjiK ^.mW^ "-.-,vhieh
'-•."•?
last
mortgage, and the New Jersey
mortgasre bonds have been advanced to
first
In onr table of new loans last week the price of Loo-ansport Crawfordsville and Southwestern Railroad bonds was "erroneously given at 93i instead of 95, and the price of Grand Rapids
and Indiana Railroad bonds should have been 96 instead of 90
these prices had recently been advanced.
The following is an abstract of all the new loans now ofl^ered
in this market accrued interest is always paid by the buyer
97^.
—
and easy transit between the West and East— by gradients
against the heavy traffic, not exceeding 16 feet per mile on straight
lines, which are ratably reduced upon the curved portions of the
direct
road.
The revenue of the lines operated by this company, and the
amounts paid for their working expenses, interest and dividends,
are as follows
From
From
the Pennsylvania Railroad and branches
the Philadelphia and Erie Railroad
$18,719,836
3,542,263
$22,262,100
•
'
;
:
And
them were
the expenses of operating
:
$11,623,433
Pennsylvania Railroad
Philatlclphia and Erie Railroad (including $759,290 net carninge
paid to that company)
_,„_-,
3,542,263
$15,365,697
Sv
DEscarpTioN.
I'oS
2o «
The net
0^
let mort., gold 6b
Kapii.s S: Ind. Ut ni. I,. G. gold 7»
•Logansp't. Craivfdsv. /t S.W. 1st m. gld 8s.
•St. Jo & Denver City (W.D) 1st mort.
'
427
350
$15,000,000
8.000,000
mi
1,500,000
goId86
;
Sloax City & .St. Paul RR. 1st mort. 8s
•WallkUl Val.cy RK. isi mort. gold 7s
Loalavi.le A Nnslivlllc UR. 1st cons. m. 7s
OmahaA N. W. RR. iBtm. L G.gld73-10s
Burling., Cedar Rapids A Minn. RR. Ist m.
n-i
5,.'i00,000
100, Ac.
151
2,.300,000 1,000
5 20,000 perm. 100, ftc.
392
8,000.000 1,000
185
3,000,000 1,000
Grand
$.00, &c.
1,000
&c.
100,
94
96
95
I
.
.
.
gold 7b
270
5,400,000
340 30.000 perm.
N. Y. & Oswego Midland RR. Ist m glil 7s.
•Northern Paciflc RR. 1st m. gold 7 .3-103
Mobile A Montgomery RR. Ist m. gold 8b
Vcr. Dlv. Porll.
International
A
RR.
Odg. Rl{.
1st
...
m. gold 6s
Isi mo:t. g()'d78
•Connecticut Vnlley RR. 1st mort. gold 7s
Syracnsf A Chenango Vai. RR. 1st m. gld 7s
MonK lair liR^lst mort. gold 7s
Chic.,uanv. A \incennes UR. lBtm.gld7».
Jlonalon A Texas Cin. KR. 1st ro. gold 7s.
Naehvilte A Dcc.'itur KR. Ist mort. ?s
Pacinc RR. of Mo. ad niorl.7s
Wort Wisconsin Rl(. 1st morl gold 78
•Cin. A Muskingnin Valley RH. 1st m. 7s.
.
.
Greene Co. (Mo.)
Atlanta
8s.
toll.
A St.
.Jo.
RR
& Richmond Air-Line HR. Ist
Cayuga Lake RR.
m.
89.
Ist mort. gold 78
Indlanap., Blooming.
West. lUt. 2dm. 8s
Jersey Midland RR. 1st mort. gold 78
Cairo
Fulton RR. Ist mort. L G. gld 7«.
A
yew
&
•
r*r partlcuJare of
this loan tee
100 000,000
2,500,000
182
117
2..3f«,a00
550
8.000,000
41
1,000,000
68 12,0(X) per m.
43 ,30,000 per m.
135
2.500000
4(r> 20,000 per m.
120
2 1011(100
i-R.'j
a' 000(100
no
4 000 000
132 10,000 per
400 000
2.60
4 000^000
m
40
~"
upon
all
the operations of the com$6,896,403
pany being
<
•Chesapeake i Ohio HR.
profits of the year 1871
800,0(10
BOO,
lOil,
100,
KNI,
100,
l.OOO'
Ac.
(WO
I'ooo
I'oOO
I'ooo
92^
in
May and November
5 per cent) with the taxes paid thereon
Interest paid by the company aflcr deducting interest
(each
$3,625,0ti2
and dividends
''^*'9^2
received
Paid for the lease of the Harrisburg and Lancaster Kailroad
Annual payment to the State of Pennsylvania on account of interest and principal due upon the purchase of the works between
Pittsburg and Philadelphia
90
95
90
90
95
95
97,V
90
90
90
133,039
460,000
$5,426,112
Leaving a balance to credit of Profit and Loss on account of the
Pennsylvania Railroad of
be deducted the excess of advances made by
this Company over the amount received from the United Railroad
and Canal Companies of New Jersey and the Philadelphia and
Trenton Railroad Company towards the payment of interest.
dividends, and operating expenses, Ac., prior to Jaimary 1, 1872,
Less profits of lease of Pittsburgh. Fort Wayne and Chicago Railway, and Pittsburg and Erie Kailroad, until transferred to the
Pennsylvania Company on April 1, 1871
Bat from which
$1,470,290
is to
$0.30,a'»
Si)i
92;<
500
OOo'
90
80
90
90
80
I'ooo
I'ooO
1000
214
.600,000
1,000
68 30,000 per m.
100,
mi
8,000,000 1,000
advertlsemeni on another page.
Ac.
l.tKKI
1,000
1
95
90
Ac. 92)f
Ac. 100
Ac. 100
1,000
1
97X
From which deduct dividends declared
Ac
97K
87>i
Leaving a net balance
to the credit of (he busineae of 1871, of
.
.
.
.
obtained from the business of your railway for
the past year, afttr charging the amount (ifl331,011 40) expended
in straightening the old Philadelphia and Columbia Kailroad,
purchased of the State, and ($440,513 45) the cost of substituting
iron for wo<Dden bridges, steel rails for iron rails, &c., upon the
This balance
is
—
March
2,
THE CHRONICLE
1872.]
whole
through route to Cincinnati, and
railroad, to miiiiitenauco of way, and pliidng tho loss on
lease of tli«> Ni'w ,)i'rHcy railrondH iu 1871 to exfwnse account.
The acce|ituDC« of the onerous terins of tho Icane of the property ol the I'nitcd Kailroad C'oinpank'H of New .lersey ia only to
bejuBlified by the very j;reat importance of securing to this company a line teriiiinatin»r upon the HudHon river, where necomdations could be erected for ilie receipt and Blorajic of tho trntflc of
the extended aygtein of railways that you contr<d connecllne
the stock of the company at par.
A contract has also been made with the Plymouth, Kankakee
and Pacific Railroad to operate its line as soon as it is in readiness for business.
In addition to these leases the Pennsylvania Company has
entered into a satisfactory arrangement to operate the Vincennea
and Cairo railroad as soon as it is completed, thus extending their
lines to the latter point, from whence the International Railway
is being built southwestwardly into Texas.
These and minor arrangements for increasing the bnsineaa ot
the Pennsylvania Company must add largely to its revenaoa,
while at the same time they will materially augment those of the
—
jiarent
:
Company," and
all tho interest held by this company in these
lines (except in the Cleveland, Mount Vernon and Delaware Railroad) sscntial to their control, transferred to it for a sum which
fully covers their cost to us with interest, and preferred six per
cent shares amounting to $8,000,000 received in payment therefor.
The capital of the Pennsylvania Company is fixed at $12,000,000,
four millions of which is to be common stock, that may be disposed of to individuals at not less than par. Of this stock only
1
—
shown
its
that its profits
mortgage bonds
The Cincinnati and Muskingum Valley Railroad, which passes
through th« moat fertile portions of Ohio, intersecting the Little
Miami line at Morrow, was connected during the past year with
tbe Pittsburg, Cincinnati and St. Louis Railway, by a line from
near Dresden to Zanesville, 16 miles.
It forms an additional
I
'
northwest.
The I'ennsylvania Company was organized by the election
of Thomas A. Scott, Esq., as president; William Thaw, Esq.,
vice-president George B. Roberts and Hugh J. Jewett, general
solicitor, who, together with J. X. McCullough, H. H. Houston
and Hon. T. L. Jewett, constitute the board ot managers. All of
these gentlemen have had a long experience in the management
of transportation and of railways, and are eminently qualified to
secure the success of such an enterprise.
The general management of tliis extended property, now
amounting in the aggregate to 3,200 miles of railway, has been
entrusted to J. N. McCullough, Esq., who had gained an enviable
reputation by his energetic and judicious administration of the
business of "the Pittsburg, Fort Wayne & Chicago, and Pittsburg & Cleveland Railways. All the railways committed to his
management have, during the year, been able to meet from their
own revenues, their obligations to their creditors and lessors,
except the Little Miami and the Indianapolis and Vincennes,
while in the aggregate they have yielded reasonable profits to the
lessee.
The lines that have fallen short of their obligations, it is
believed, from the development of the local resources of the
country traversed by the last-named, and the completion of the
bridge across the Ohio river, at Cincinnati, at the southwestern
end of the first, now nearly ready for use, will also in a few years
become profitable to the lessees.
The adjustment of the rates of freight and the management of
tho finances of this company have been committed to Mr. Thaw,
Vice-President, whose long experience in transportation eminently qualifies him for the performance of the duties that have been
assigned to him.
The Baltimore and Potomac Railroad is nearly ready for use
between the south bank of the Potomac and Baltimore, and the
tunnel under the latter city will be finished during the ensuing
winter. When this is effected there will be an unbroken railroad
from our terminus opposite New York, from Philadelphia, atd
from Baltimore to all points of importance in the South Atlantic
and Gulf States, operated continuously by locomotive power.
The company now own stocks and bonds, including those in
the sinking fund nearly all acquired in perfecting iis present
system of railways and canals amounting at par to $.55,000,000,
which at a low estimate ot their value, are worth $43,000,000.
Many of these securities yield no present income, but in the
aggregate they can be gradually disposed of for at least the sum
;
In its last annual rejmit the board referred to the disposition it
proponed to make of the large interest that this company has
acquired in railways beyond Pittsburg, for the purpose of connecting your main line with the trade centres of the West the object
being to secure, by a single management of these works, harmonious action throughout the entire system of railways that we
control, and at the tame time to obtain
the best results
from the large amount of rolling stock upon tbem, by transferring, as occasions may require, portions of that of one line
to another, where the demand for its use was more urgent and
important to the interests of the company and the public. With
this object in view, a charter was obtained for the " Pennsylvania
since it was opened for business, have
are already ample to meet the interest upon
of a half a million of dollars.
company.
All such contracts and arrargements made by the Pennsylvania
Company are to be submitted to and approved by the directors of
the Pennsylvania Railroad Company, but none of which are to
extend beyond the Mississippi on the west, or Chicago on the
results.
;
meet the
its local
—
line,
lylvanU
controlled by the Pennayl
interest upon which it ban already atnple proflta from
business.
The Mansfield, Cold Water and Lake Michigan Railway baa
also been commenced under a favoralde trafBc contract with the
Pennsylvania Company from Mansfield in Ohio to Allegan,
Michigan, with a branch from Tiffin to the important city of
Toledo at the head of Lake Erie. The whole route traversts a
fertile region, the resources of which will be appreciated by the
fact that the citizens along the line have agreed to grade, bridge
and furnish the cross ties for the whole railroad, to be paid for in
to
Philadelphia and New York, with all of the important commercial
centres of tho West accommodations essential to the development of this traflic, and which it could not otherwise secure,
without violating; existing arrangements with those companies.
The amount to be paid under tho lease ia !jil,94d,.')00 per annum
for division among the shareholders of the comjjanies, thiu company receiving all of their assetB nnd assuming all of their obligations.
For several years past the dividends of the United Companies
have been at the rate of ten per cent per annum, while their net
revenues have not justified a rate exceeding seven per cent, the
deficiency having been made up from a surplus fund that had
accrued during tlie war, which had become exhausted.
The terms of this lea.so required the delivery of these works on
the 1st of July last, but in consequence of an injunctioti obtained
by dis-oatisfied sliareholders, from the ('hancellor of New Jersey,
this was not effected until the 1st of December too late to introduce, before the close of the year, any reforms in their administration with a view to lessen th"! cost of operating them. This
circumstance has materially increased, the amount that wo have
had to advance under the lease on account of the business of 1871.
It is belie.vi'd, however,that by vigorous reforms in their future
iidministration, and tho constantly increasing tonnage that we
fthall throw upon these works, that they will in a few years meet
the high rental agreed to be paid for them. Their revenues cannot be increased by an increase of the rates of transportation, as
these have generally been kept too high to produce the best net
,
la
Company through the owoershipof a largo majority of Ita nhtttB.
si
Tho mortgage upon this lino is but a little over $10,000 per nille,
tlio
$200,000 has Leen subscribed for, all of which has been taken by
its managers to perfect the organization of the company.
(A stockholder in discussing the report stated that the Pennsyl
vania Company is merely a bureau of the Pennsylvania Railroad
Company a method of managing the property belonging to the
Pennsylvania Railroad Company.
It was established for greater
efficiency, larger economy and for the benefit of the stockholders. The Pennsylvania Company is owned by the Pennsylvania Railroad Company and the profits go to the stockholders).
The operations of the " Pennsylvania Company," since it
entered into possession of these works on the 1st of April last,
have been very satisfactory, demonstrating fully its ability, after
1871, to make regular dividends to its shareholders of not less than
six per cent per annum, while the original object that this company had in making these investments has been secured.
In organizing the Pennsylvania Company it was tinderstood
that the whole of the net revenues accruing to it during 1871,
from tho lines committed to its charge, were to be exp-'nded in
their maintenance and improvement, and in addition -to its rolling
stock, which has been done, and the property in consequence is
very greatly improved.
Since your last annual meeting this company has acquired a
lease of the Pittsburg and Cleveland Railroad for nine hundred
and ninety-nine years, upon favorable terms, and have transferred it to the Pennsylvania Company.
A lease has also been made of tho railroads of the JefTersonville, Madison and Indianapolis Railroad Company, carrying with
it a control of the l>ridgo over the Ohio at Louisville^through the
Pittsburg. Cincinnati and St. liOuis Railway Company, which
is operated by the Managers of the Pennsylvania Company.
TheChartiers Valley Railroad, a branch line, completed during
the summer of 1871 by the Pennsylvania Railroad Company, aided
by citizens along its route, from Mansfield, on the Pittsburg,
Cincinnati and St. Louis Railway, to Washington. Pa a distance
of twenty-tw» miles, has also been leased to the Pittsburg, Cincinnati and St. I/Ouis Railway Company, to be worked at cost for the
benefit of its bond and shareholders
the'Pennsylvania Railroad
Company owning a majority of its shares. The operations of this
291
j
I
—
—
timatedas their value.
If the state of the market during the year will justify the sale
of any of these securities, the installments upon the stock it is pro
e
posed to distribute may not be so rapidly called if.
The surplus net revenues of your works during the past year,
without considering any increase of their profits from the
increase of traffic it is proposed to provide fiicilities for, were
ample, in 1871, to meet the usual dividends (ten per cent) upon
the addition to the capital stock of the company it is proposed to
issue.
And in these profits we have not included any income
from our stock ($8,000,000) in the Pennsylvania Co pany, which
can hereafter pay regular dividends to its shareholders, or from
the $3,500,000 of stock held in the Pennsylvania Canal Company,
which, after this year, will be in a condition to divide its net earnings, nor any income from our large interest in coal properties
that this company has found it necessary to purchase to prevent
the diversion of this traffic from the canals that we control built
by the State expressly for the development of these interests
to those of rival improvements.
Under the authority given by you at your last annual meeting,
the American Steamship Company of Philadelphia has been
i
—
fully organized by the election of H. J. Lombaert, V.tq.. as president, and Edmund' Smith, Esq., as secretary and treaeurer. willi «
capital of $704,700, of which this company own $400,000. The
first mortgage sir per cent currency bonds of the company,
a-oiounting to $1,500,000 have also be. n issued under the guarantv of this company, and all of them taken at par.giving a realized
stock and funded debt capiUl of $3;304,700 all of which has been
Beciued without discount.
:
—
:
THE CHRONICLE.
292
The four Bteamers that will constitute this line between Phila"
delphia and Livarpool have all been contracted for to be built in
this city, of American iron, by the enterf rising firm of William
Cramp & Sons. The first vessel, it is expected, vrill be launched
in June next, and the remainder as rapidly as practicable thereafter.
The total cost of these vessels uuder the contract will be
$2,080,000.
South Carolina Railroad-Report for tlie year 1871.—
The Income ol the Company appears as follows, viz
:
[Maicli2, 18:2
of Past Due Bonds and Coupons which they held and
which were transferred to this Company.
The exchange of Bonds iu London, by Messrs. Dent, Palmer &
Co.. is progressing to completion, but entries upon the Books cannot be made until after full accounts of the Exchanges by those
gentlemen shall have been received. At last advices £239,000
J. T. Wklsman, Treasurer.
had been exchanged.
[A detailed statement of the funded debt is given in the
CiiKONici-E tables the last week of each mouth.]
amount
CONDENSED BALANCE SHEET OF TUE SOUTH CAROLINA RAILROAD, DEC.
Earning, of road
Expeuwis of ruad
*''2?S1«
si»^ooo
Balance of earnings
received from dividends on bonds and
Add
&c
$8,001,853 53
S.V2,7.56 49
375,294 93
457,;i5Q 73
52,69-3 66
Cars
Locomotives
Accounting department for expenditure.^
iy,-tm
flO'i.T'Jl
BaUnce of income
Against this have been charged
track, depots,
Lands
*''1^'5S
stoclis
31, 1871.
JJr.
To roadway,
$9,499,854 34
To
For
For
interesl sterling
interest dumeslic
Dividend No. Jt
-
o^^*??n
'''''„;
58,194
rash
8 1.483 64
Fourth National Bank. N. Y
Accounting department for earnings
Post Office department U. S
4 081.53
71,78124
4H
Bonds receivable
$109,110
the balance transferred to Profit and Loss
Tiie earnings of the road, as compared with those of last year,
a falling nir or
And
Bills receivable
Securities, &c , fromassetsof S.
West. K.R. Bk.
10.47S
51,400
3,706
1,949
-
00
80
28
$55,080
6^ow
230,880 97
Tostoclis...,
$146,1578
07
260,000 00
.i* 7. 19-2
Purchase of Macon
&
Augusta Kailroud stock
, .
3t>,237
The expenses show a reduction of
827,192 07
The Board do not find any cause of discouragement in this To investment in first mortgage bonds, Greenville
Colunibia Railroad Company
&
C9,.3.-)0 00
For the reports of competuig lines,
comparison of earnings.
To South Western Uillroail Bank
5-4.028 46
exhibiting much greater proportionate losses, demonstrate that
Dent, Palmer & Co., London
3-i,242 211
Transient Debtors
72,115 64
we have not suffered from competition and as well, that
certain general causes have affected the railroad earnings of the
Grand Total
$11,306,263 68
South; your road, you will remember, for two months of the
Cr.
year, was almost isolated by a malignant fever. When to this Bystock
$5,819,275(0
Bonds payable— sterling
cause then are added the influence of the very low prices of pro$1.407,!l(i0 10
do
domesllc
2 932,270 04
duce prevalent tli3 first half of the year upon the movement of
4,310 230 14
general merchandise to the interior, and the diminisbod ship- By certificates of indebtedness
1.2.57 .Ml
ments of cotton." to the sea the result of a short crop it would
Iteceivables
14,s;)b 00
Change notes
rather seem a matter of wonder that we have suffered so little.
1.360 50
Bills jjayable
877.172 12
The Board has already referred in this report to the influences
Arrears of dividends
13 343 60
exercised by unnecessary and unwise competition. They have
Coupons— sterling
120.181 04
do
purchased and acquired a controlling interest in the Macon and
domestic
49,800 UO
109,98) C4
Augusta, and the Greenville and Columbia Railroads.
The By interest on past due bonds.
4.261 15
former fiecures to us the great benefit of free and cheap approach
Transient creditors
64 543 73
to the heart of a prosperous and growing section of Georgia.
Total
The latter retains to our road and chief city a connection, whose
$1 ,306,263 68
Tbe Texas Pacific Railroad Company. At a meeting of
loss would inflict injury it would not be easy to estimate now.
The Board, under the influence of considerations suggested by the directors ot the Texas Pacific liailroad Company, held in this
the reduced business of the road, the high cost at which alone a city on February 10, the resignation of the President, Marshall
large floating deot can be carried in a market such as ours, where O. Roberts, was accepted. Mr. liobvr^s stated that on account of
money capital is so limited, and to a great extent bv the necessity his health failing he lelt unable to ])iosi'Cute so large an entertoo plain to be mistaken, of using the means and" credit
of the prise, and he had, therefore, sold his en' ire intere.^t in the comCompany in pursuance of a bold and liberal policy, in meeting pany as well as in the Trans-Continental Railroad Company, to
efforts to circumscribe our own territory and divert
Thomas A. Scott and associates. The board elected Thomas A.
our business
concluded to postpone the further declaration of dividends
for the Scott, President, in the place of Mr. Roberts.
;
—
—
—
present.
The
business of this road for the year ending
been as follows
18' .l.has
milwaukee and
December
31,
:
EARNINGS.
EXPENSES.
From passengers
From freights
From mails
.
$268,038
2-2,144
Total
$1,3-25,442
Transportation
,
Motive power
Mdintenance of way
Maintenance of curs
ii eueral expenses
$294,015
221,392
SS^^R.'iH
6o]71.)
49 898
Total
$879,859
Leaving net earnings
,^^-—
COMPARATIVE STATEMENT OF EXPENSES.
.ia^ A,"'$294,015
1871..
1870.
316,6-23
$mm
''^"y"."d,?"^"- "£•=•
$2.53,8.36
21t>,838
Increase.
Decrease
$22513
Total expenses 1871
Total expenses 1870
271,160
58,631
$4,554
•
Ma-e. Cars. G'n. Exp.
$60,715
$49,898
52 927
$2,063
tn
sn
*
SI.
Paul Railroad.— The
1
legislature
of
Minnesota, with great unanimity, have just ratiliednudcoulirined
the sale of the St. Paul & Chicago Railroad to the Milwaukee &
St. Paul Railway Company.
The line of road sold extends on the
banks of the Mississippi River from St. Paul to La Ciesctnt,
opposite to La Cro.sse, about 130 miles, and i.-<nowin iictual operation from St. Paul to Winona, about 103 miles.
It will soon be
completed and in full operation from Winona to La Crescent. This
road is commonly called the "River Road." By this purchase the
Milwauke and St. Pal Railroad Company acquire the perpetual
ownership and control of what is claimed to be the best po sible
line ot railroad from Chicago to St. Paul.
With the railroad
heretofore owned in fee by this company, they now own ab.^olutely 1,121 miles of railroad in active operation. J^. Y. Ecening
Post.
St. liOnlM,
Alton and Terre Haute.
— The
bondholders, at a
agreed to the proposed
dividend ot 14 per cent in preferred stock on the preferred stock
"^'^
Decrease
of the company. This was for arrears of 186!) and 1870, and was
"'' 3^5 per cent.
Not earnings 1871
tiX'Sl
Net earnings 1870.
submitted to the bondholders for their consent by the prelerred
*, ^XSl
'5,924
stockholders at a meeting held January 10, 1872. The option of
~
Decrease
'"'•'^* "" ^^'^ P" «"'• accepting 7 per cent in preferred stock for the year 1871 was also
Ratio of expenses toearnlngs-isVl
66
per cent
given to thepreferred stockholders.
1870,- 612i JJer cent
T « "JryT"" '" *="?'"SSbeen
Georgia State Bonds.— While Governor .Jenkins filled the
338,t)G4 tons, equivalent to 21,703,^^^
245 tons carrfT*^^
executive chair. State bonds, pledging the Wedern and Atlantic
railroad for security, were issued.
Upon the amount of $614,000
'^«''° equivalent to
8 446 831^rripHr'''T".'"""P'''""*'"'^
o,MO,edl
earned one mile, at an average
of these bonds Governor Bullock placed his endorsement, after
ratf
100 cents.
getting into office. These bonds are designated in New York as
TREASURER'S KEPORT.
,.
^
Tn,„ ,
''"" '"" '''"'" '»«"«»««<1 during the year in "scratch bonds," and sometimes quoted as "Georgia iudorsea
the sum "^f «0 ^rf
*'°°"°' outstanding December 31. 1871, bonds," at the New York Stock Exchange. These bonds do not,
^
|2!932 J70
therefore, come within the class of " anted " or fraudulent issues,
and this fact the treasurer recognizes, and accordingly pays the
""^ ^°'"'''"' '"'"''« "'"« •«n>«ined unpaid
Slst Decem^i..T,T7f
coupons whenever presented either in New York or Atlanta.
^ »^J"i'""""' •'•''' December," 1870. ."...
*?<•*»
and Loan account
31b,.140
The Committee of the Stock Exchange on Stocks and Bonds
los.aeo
proper to be dealt in have reported the following mortgage
'
'''''.'..'.".['.'.'.'.
$3,028
.07Qa«
meeting held on Saturday the 17th
916 095
inst.,
—
.
.5
'.
'
S
'
—
FoPi'IZ
'^^
y^" '^«™ l"'^^
For past due bonds
ForCoupons
*'"'''"*'
''een 5«8"ed
$682,600
Cumberland
Cumberlant
Cumberland
Cumberland
114,000
Fnrralliron..
12,000
Formatcrials
28,404
Forpurel.aseof .tiAikin
MaconAAugiiiaRallriadCo;-.: S^'.SS
.
Betirod during the year
Amount
bonds, for which the Consolidated Coal Company of Maryland are
responsible, as entitled to a place on the free list of the Exchange:
Consolidated Coal 7 ^ cents
$513,000
Coal 6 ^ cents
Coal Seconds, 6
.307.000
^
cents
and Pennsylvania 6 |* cents
and Pennsylvania Seconds, 6
^
cents
498,000
903,500
709,000
,,095,205
$1,519,796
642,684
Of hills p.,able3'st
December, 1871
jgTT ,„
yJr'by "''"IcWe'^f " '"'"i^"" ""'^''^ly '=l-«''d durifg Uie
^ A.^ ',"'?" P"""""" «°'- Domestic Bonds^ and
by
t>y br
.1.
t)ring.ng
Li„l^«
to the
credit
of the Southwestern H«!lrn,H B»ni^ n..
Total of all liens
Capital stock of Company
Capl tal and debt
—
$2,y30..>>00
20,000,01)0
$22,980,500
The consolidation of the Memphis and Little Rock, and Litt!e
Rock and Fort Smith Roads, was ratified at Little Rock, Ark.,
Feb. 27th, under the name of the Memphis, Little Rock ancj
Pacific Ba«road Company,
Sam Tate was elepted President.
March
2,
Ql\)t
1^72
THE CHRONICLE.
]
Exporia of Leading Arllcio* from Kew York.
The following tal)le,c«m plied from Cualom Houao returnii, sbowR
Commercial ^imes.
"( !()M M
the exports u( iuadliiK arltcleH from llio port of
York since
1, 1873, to all tUo principal foreign countiles.and aUo tb«
totals for the last woolt, and Hinco Jaiiiiary 1. The last twoflinel
March
NiaiiT.
Now
January
ER( !IAL ITI ^0^I K.
FuiDAY
293
1.
ghow Mai
1H72.
feature in tin? maikuts lor rni-rchandi«e during the pnst week, Hhs be.-n iha ilisposiiion to r-'alThis
VI', nnd lliiis elFt'ct a reduction of stocks in store.
fenlinj; ins been conspioaoiis in cotton and brea''slu(rs, and
ha< not baen without its intUienoe in all braiic'us of tr.ido.
Many commission houses hiiv.i l-cen currvinj; he.ivy l.iads
The most prominent
r>(Uue», Including tliu value of
those mentioned in the tahlc.
.
-T -t 51
all
other articles beside*
Q -^ "*
12
See Js2
Of*
winter wicli unreniuneralivrt results in many ca-ies, and
with the advent of spring there is a nilural inclination
to
whioh his l)een incr.tasdd by thi) uo'.ivity in money
ch'se up speculaiive acouunts, preparatory to a more active
.
so
»—
•
t
'S
all
—
&
—
The (ollowim;
cles of
is
a stalement of the stocks of leading artimerchandise, at date's given
f .reijn
domestic and
187a.-^
March
Beef
Pork
Tobacco, foroien
Bobacco, ilomeatic
Coffec.nio
Coffuo, other
Coffee, Java
Sttear
Sujair
'.
Mohwsea
Hides
I'ottcin
Ilosln
Spirits Turpentine
•rtir
Rice.E.I
Rice, Carolina...
Oaniiy Cloth
OnnnyBags
M.Vi
-^
f
Feh.
1.
March.
aJ.IXi!!
10,i)«7
Si, 48-3
13,77!)
IIS.WI
7.'>,18.'i
18.:«T
hhds.
bags.
bags.
mats.
hhds.
boxes.
'3
»
ygsi
I
ri
15.1(U
27.747
142,111
17,8(»i
30,«C,0
bags, etc.
ISi.mi
3BG,9(i5
hhds.
hhds.
5.3.54
bbls,
H.OOO
1.200
4.3«4
8,000
2.«H«
No.
.30,000
4a,Mn
u^,m>
bales.
bbls.
bbls.
bbls.
92,000
107,0(X)
M,094
82.000
34,600
.%S7l
5,211
5,27.5
4,0-)0
biKS.
casks.
7,700
9,050
400
530
»«
bales.
bales.
21,100
21,100
6,.3i)0
(i,600
101,.500
14.3,300
bags.
5,.500
bales.
bales.
43,950
20,177
8,400
42,S50
13,322
Saltpetre
93
«d
I
:S
ii!2
11,H37
17.3*1
1B,315
1,191
15,:»3t
09 92
76,.Vt7
Sn.HB
41,720
V
q6
St
1.
1I,S*I
lOiKil
&S,r,7J
ioif^
^'aJ
•r't'S
a*
1S7I.
63,751
47.C01
bills.
bales.
bags
ManilaUcrnD
1.
Ics.andhbla.
Linseed
Jute and Jute Butts
"3
:
,-
Snzar
Mulado
Molasses
s
H
lejfitinia'e business.
:-,8,55:i
aor-..-i
30,8-W
PQ
^
l.KM
7.40(1
-«coo
Clovrssed has met with an active demand, at 9i^@10^.
f)r Ohio and Indiana.
Tallow has been more active, at
Whiskey has declined to 90c. under large
9^0. for prime.
receipts. IliJes have remained firm
laic sal^8 include dry
Montevideos at 28c. gold, and city slaughter ox at 12c. cur-
iS:
53
ma
2«.400
5,014
10.140
3,000
500
13.300
12,100
111,100
16,950
18,100
35.640
Cuttnn has declined, arid tniddline; uplands close at 22:J^c.
Flour dull and weak at |!(!.70@$7.10 for shippini^ e.ttras.
Wheat somewhat nominal. Cjrn dull, at 70+e. for prime
new western mixe f"
In provisions we notice an al iiost uniform decline for hog
products, notwithstanding the fact that each decline has
brought in buyers of quantiiy. To-day pork was dull at
$14 for new mess on the spot and for April delivery, and
?13.75 for prime mess (at which 500 bbls. were taken yesterday for Liverpool.)
Lard, 9\o. for prime western steam
on the spot and tor March, 9Jc. tor April and 9|c. for M.ty.
Bacon, 7c. for short rib. There have been some shipments
of tierce beef to Liverpool on consignment. Butter has
been taken moderately for export at 11@ 14c. for common
western packed. Cheese is so scarce as to be almost nonii>
nal in the range of 13@17^.
O -• Tl
c* t-
.s-
Qi eo
o3
"rt
O;o
:2^
-re*
.
(N CO
* ij W •- ift^Ol t- CQ
•
^ CO '^
ot-
iSiSl
Is
g
I
Kg
«o
m
'
q.
'
e4
-
**
oil-
at
S¥
a
Iii
2,
e*eo
;:f ;gs
a a'
;i
or-.rf
:g
:SS
:
iia
:S?2
.3
;
3§
064
S3
«9 3>
;
A
rency.
better home demand for leathn^r has in some degree shut out export buyers.
Hops arc dull. Fish and
fruit have met with a steady trade.
Tobacoo has been more active the pa-t week, and buyers
have generally been compelled to meet the views of liolders.
The sales of Kentucky leaf have been about 800 hhils.,
mostly for the home trade, the market closing very firm;
lugs, 7J@8^c.; common and med'um leaf, 8J(($10:i^c
good
;
to fine do., lijiht and heavy, 10@13e.
Of^seed leaf the sales
hive been 830 cas^a Ohio at 14i@30e.; 148 d)., Pennsylvani.i, on private terms; 140 d:)., new crop Pennsylvania at
13@15c., and 200 cases sundries at 20@.55c. Spanish tobacco in fair request, with sales of 500 bales Havana at
9,>c.@«l 10.
Freights have been dull, but room is scarce and rates
pretty well supported.
Spirits turpentine has declined, and
w.is quoted to-day at84@85c.
Rosin has been moderately
active and lower for strained, which closed at 14 60@4 70
as to quality.
Petr>;l«-um has shown more firmness; cruiJe
sold ti)-day at 13i(S13jc.. on the spot, with refined quoted
Wool has been less active. Oils have been
22iJ^@22Jc.
generally quiet; sales have been reported of crude sperm
at #1 58, and menhaden has sold at 54o.
Metals have been generally firm, and tin and iron has
advanced; straits block tin has sold at 37c., gold, an< No. 1
American quoted $42@45.
S&
65
»
»a
a
k>
s
-'
»'"
.00
©.-.
!-
?4
-O*^
rfrf
=M
n^
3"ig
.
.
of
fH^
3
3d
,2oo»--3
OM./
3
g's
ss'
''a'
1^
33 • 2 2 2 » 2 '*3 .^^•^^^.o
fl."
TO .5
JO..S'
e
u
'
^
till
:
I
:
:iJ
•
P •2JI
ii^l
-3^
o a.
.
'3
.
.
—
:
:
[Marct
THE CHRONICLE.
204
—
M
:
1
)
1872.
2,
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a decrease in
iUows the foreign imports of certain leading articles of commerce the exports this week of 76,484 bales, while the stocks to-night are
the 153,.'560 bales leas than they were at this time a year ago. The
at this port for the last week, since January 1, 187*3, and for
*
following is our usual table showing the movement of cotton at
corresponding period in 1871
otherwise
specifled.]
We
[The qnautlty is given i n packages when not
all the ports from Sept. 1 to Feb. 33, the latest mail dates.
do not include our telegams to-night, as we cannot insure the
For Since Same
For Since Same
time
obtain the detail necessary by telegraph.
The following
liuports of Leading Articles.
taule, compiled Irom Custom House returns
.
time
the Jan. I.
week. itra.
1871.
China
lei
33i
Earlli«nware...
Glass
136
3>J
plate
Battona
Coal, tons
Cocoa, bags
W
....
15.868
s.sai
255.o;i
S7,«
Coffee, baRii
61.»il
5.911
l.Kl
l.uu
Cotton, bales
140
Opium
50
Soda, bi-carb...,
Soda, sal
cloth
Hair
Hemp,
bales
Ac.—
2.35,716
130,823
247
0.15
233 .?35
1,88.
13,617
12,368
20
482
314
5,151
23.671
23,951
10,397
25.686
21,303
1,633
263,0)8
13.922
183,030
88.310
248.519
6.025
81,819
753
&c.—
Lemons
1,131
1,078
liaisiui
1,300|
1,428, Hides undressed.
Oranges
Nuts
I J**
5,890
2,4 B^
196,4.39
4,137
'Spices,
ajo
3,819
10,2j9
39.087
166.123
192.917
559 815
333,2(2
,236 ,3W 2,362 ,5«
4,233
73,156
44.903
29j,&38
1,754
13,119
26,119
65,251
23,'J74|I!icc
7
Si,155
Fruits,
9,613
7,628
5.S1M
671
31,883
ndia rubber
vory
Jewelry. &c.~
690
13.536
12.053
4,67"
&c.—
Cassia
129,084
4,553
;n,'l92
3,509
19 631
Ginger
2,278
I'epper
47 Saltpetre
B,;8'2
120.MS
23,536
15,252
3U.189
Weflds—
.Jewelry
Watches
Linseed
15'3.60l
10.93.)
Molasses...
1.6,111
5.031
Cork
901
251
111.136
6,682
63
1,751
Fuillc
300
Logwood
Mahogany
48,990
11.912
7.911
5.30
6,:
92
lll',6'.i
7,0 i3
25 958
621)
23,573
Receipt* of Douie»tic Produce for tke AVeek and since,
January- 1.
Tlie reoeipts of domestic produce for the week and since Jan. 1
acd for tlie same time in 1871, liave been as follows
:
This
Same
week.
Since
Jan. 1.
time
1
KewOrleans
741.334! 9I5,2'3
Mobile
Charleston
234.316
Savannah
Texas
S8I,4'23
Since Same
week. Jan.l. time '71
This
*71.
157.001
68,512
11,333
41.682
316.850
New York
Florida
North Carolina
Virginia
Other ports
'
3,'2:i5
127,0231
69,602'
33,230
525
S31,J1SJ
500
l'.^2,739
32.3.10!
i6,376! U\,i5C
8S.C0;: 132,630
C4.431
36,633
64,717
44.0C1
216,433
1(19,87.3
46,101
74,'03;
'242.471
93,9;.0
14.892
S6.0S8
'20,000
183,653 13'27,S77, 771,391
552,182
8:0.133
693.092
3.9ai
1.494
4,0-7
6,3:1
2 561 -jos.iia
nj)79|
....
....'2790.6811.396.315'
....
501,395
85,441
8,494
19,285
54,229
4 3;s
7,926
....|
2 5111
13,679
....1 905.393; 138.131
•2169.6V8|
Total lastyea--
99,64;
773821
61,488
8,401
69.0491
241,967!
63.797,
41,203|
Total this year
Coast-
]
i
319.8131
315,670
375.723
591.932
164.939
133,484
25l,'25!'
SBPT.lTO—
81N0JB
wise Stock.
Other
Britain France For'gn Total. Ports.
1S70.
1871.
308.625! ;706,434
week has been dull and depressed. Satopening was weak at ^c. decline. On Tuesday there
The market the
urday the
0.26S
,.
4,685
915
1.055
465
Bristles
Hides, dressed..
1,201
25.15liFi8h
12.5115
....
Furs
ja des,
43,911
13,128
1,19>
3.64a
FUi
27,980
&
Wines
by value—
72Cluar8
4,921Corks
529|Faiicygoods
4-4
96
Oila.esaeuttal...
19.9 ;i
23,038
4.463
11)9
607iWool. bales
2.06i:Articles reporteil
Oll.OHve
101,(43
90,266
306,656
313,666 1,644,681
960
16,597
Clianll)ag'e,l)k8.
...I
BXPORTSD
Great
714
82.953
6:8,421
23,674
16,0
b;igs
299|
...
Madder.
Onnny
16,063
132.53"
2.997•
6,00*Tea
7,263 Toliacco
;,96i'Waste
476lWine8, &I1.—
1J,059
&oda,aali...
&
5,677
9.162
4,5(B
1.803
1,075
Gaiiibier
568
(Rags
618)
Sugars, hoxas
Gum, Arabic...
IndUo _.
1,070
99,732
59,601
1,6S6.32«
24,413
93,0l6
BIN0I8BPT.1.
PORTS.
1,C54
156
197.SST!Sugar, hlids., tcs.
Drufpi, &L'.—
Gutns, erode
accuracy or
1871.
142
Tin, boxes
Tin slabs, lbs..
6.:
9,«)i
l,3,"i9
Baik, Peruvian
Blea powders..
Brimstone, tons
Cochineal
Cream Tartar...
18T2.
2,128
4«3
lS,»91i
Glassware
GlaM
i.»n
Jan.l,
BIOBIPTB
Metals. &c.—
Cutlery
Hardware....
Iron, UK bars..
9.«3i
Lead, pigs
69.91!
J.'iVH
Spelter
Steel
:.612
China, Glass and
Eartheu ware-
the
week
was a recovery
past
the closing prices of last Friday but the next
fell oflT :ic., and since then there has been a
contined decline, the close to-night being at 3'3Jc. for middling
uplands, 3vitli very little doing, showing a lo.ss on the week of
The cause of this downward movement 3vas the same as
jc.
noted last week a belief that consuuiptiou -was being so far curtailed as to luake the ^vorld's supply more than sutficient for its
wants at present prices. Holders have, therefore, been more willing to dispose of their stock, but, with a declining market at Ijiveipool, shippers have been able to do but little.and our own spinners
have only bought sufficient to supply their more pressing wants.
For forward delivery the transactions have been very large, but
the decline lias been more marked than for spot cotton. The
last quotations for futures were (basis low middling) 31 9-16c.
for March, 33J,c. for April, 33ic. for May, 22 jc. for June, 23 Jc. for
July, and 23 i)-16c, for August.
The total sales of this description for the week are 173,100 bales, including
free on
board. For immediate delivery the total sales foot up this week
9,680 bales, including 4,439 for export, 4,734 for consumption,
417 for speculation, and 100 in transit.
Of the above,
bales were to arrive. The following are the closing quotations
lo
:
day the quotations
—
—
•
:
&sbes...pkg8.
71
1,(119
1,167
BreadstuffsPlonr .bbis.
Wtieat.bas,
38.591
286.138
217,4'M
432.528
2(1.955 2.-.76.0iO
22.992
623.533
1,415
45C
70.875
4S8.7il
12.18a
171.226
8,3,8
S;,0j7
589
31.081
S.4:a
25,505
15,049
161,673
81
567
6,180
71,611
275
2.306
62,419
572,911
136
36,931
8;4,7Sll
liutter, pkgs...
276. .'70
400
59.1 Uj
Cheese
Cucmuats
Kges
72,06'i
Pork
71.-)83
Corn
Oats
Bye
Barley. *c..
Grass seed
Beans
Peas
C. meal.bbls
Cotton. bales.
Hemp. .bales.
Hides ....N'o.
Hops. ..bates.
Leather .sides
Molaisesbhls.
538
432
13,561
838
T»r
1.5SS1
7.381
103,369
4,346
Pitch
2,003
330
i.n.s
Peanuts, bags..
Provisions—
1.582
24,777
318.683;
12.110
9.791
7,662
85,827
46,411
13.11,3
108AV)
3.990
7.2:»
221
15,604
3i'.3'l3
2,917
478
20,183
Starch
Stearloe
Sugar, hhds., &c..
Tallow, pk^s
6,335
4t
1.39
42.275
3.307
3.654
78.931
41.233
59.903
S2,i83
60.814
44.350
76,186
S.7&3
4.368
25.161
2 395
11.329
6al
6,7n
3381
Tobacco, pkgs...
Tobacco, hlids...
Whiskey, bbls....
Wool, bales
Dressed hogs No,
3,l'31
13,365
3,387
3;.054
6.889
65,816
17.956
2,3J1
28,112
11,027
77,398
Beef, pkgs
Lard, pkifs
Lard, kegs
Rice, pkgs
S3 .501
3 583;
31, 92;
233,232,
'"I
66,413
5 511
....
....
34.593
1.502
5.875
74.H31
33,077
9.974
107.022
8,807
2,316
463
290
,
,
42:,738,
Nava: Stores<;r. turp.bbl.
Spirits tnrp.
Oil cake, pkgs...
Oil, lard
636
5,563
46;
14,567
50
COTTON.
Friday. P. M., March 1, 1873.
received by us to-night from the
Soathern ports, we are in possession of the returns showing the
raceipts, exports, &c., of cotton for the week ending this evening
March 1. From the figures thus obtained it appears that the
total receipts for the seven days have reached 73,703 bales against
77,037 bales last week, 88,966 bales the previous week, and 86,336
bales three weeks since, making the total receipts since the first of
HantninKar IRTI <> 9H n»;a !,»„„ „
:_„. o ni -» o. /> v . i _ ^ <
.,
Bf
telegrams
special
per lb.
Good Ordinary
Low Middling
Middling
GoodMlddllng
telegraph) and the corresponding
Bioiiprt
week (as per
of 1871 are as follows
1871.
Orleans...
33.635
6,301
6,60:
8,881
Mobile
Charleston*
iarannab
Texas
55,549
10,S3i
7,019,
19.660
Florida
North Carolina
Virginia
Saturday
1.321
195
1.963
;
3603
10.218;
Total receipts
73 702 126.935
Tennessee, 4kc.,
7.317
11.594;
Decreas e this year....
53.238
....
'In
in addition to the week's receipts at Charleston.
678 bales are added to miV
toUl Acing previon. receipts at 'hat point, not heretiforc
conn ed.
^^^^ evening reach a total o
*'*^'?*^-^°i'°8
which 6d,383 were to Great Britain, 1 .TOO to
France, and •23,.>.w to rest of the Continent, while tlie
stocks as
made ap this evening, are now .507,148 bales.
Below we eive
the expTTts and stocks for the week, and also for the
correspond
lug week of last season, as telegraphed to us from the
various
'^?''
qo'^mq*k''i°'**
89,533 bales of
ports to-night
Kxported to—
ir«ek ending
March
i.
ITew Orleans.
Mobile
Charleston...
Total this
O.Brit.
40..'K)S
France
18
14310
!i'i,552
14.810
i,m
»70,»tl^
Same w'k
1871.
69.172
11.621
4.9,'K
'iii
8,930
1S5
l,WO
23.3M
89,533
141,872
20«,'208
Ul<.9!0
1348,306
8.790
4.810
4,231
894
63.n8«
1
week.
I'jin
|»w York...
Other port,..
Total
Blsea Sept.
Ts'Si"
2896
Savannah
Texas
.,
Contln't
tSl.TJI
23.167
4.195
28.149
8,627
Stock.
Monday
1872.
1871.
1,287
790
H»..
22X3..
•2'2«®....
22Va....
!!2K»..
a....
23Xa....
iisxa....
659,7N
21
»..
!3«a..
price of
Uood
1
ow
Mid-
Ord'ry. Ord'ry. Midl'g. dling
2,189
19j<
•25
67
1,504
1,513
19«
696
757
2')
21
t'.li
1
B83
21M
22
456
878
1,663
9
Friday
Total
4.429
4.734
417
450
I'RtOhe.
I
Total.
>ll.
'iiio
2.-224
19X
19S
19^
100
9.680
...
1.337
22X
1
21
215^
SOU
21X
X
22?
22X
....
free on board
For forward delivery the sales (including
have reached during the week 173,100 bales (all low middling or on
fDllowing
is
a statement of the
the basis of low middling), and the
sales
and prices
bales.
cts.
For February.
100
21 15-16
.'22
40.1
ii%
800
22 3-16
Wi
2,300
.22 5-16
22?^
bales.
3,450.
300 ot.
10th
10th
23X
21X
•23d
'21!V
WO
22 13-16
March.
For
April.
100
nii
22 1516
23
23 1-16
,
.*J 1-16
n%
tM
7,7U0
...32 3-16
8,300
3,750. ...
..-.'23
1,500
...'22
900
500..
1,600
5..3ai
2: 15-16
800
400 8. n
32
J2
2,400
I.UOO 8. u...,33 •.-16
800
22 1-16
7.450
•^^x
22 3-16
4,600
4.UI0
7.930
4,000
4,400
600
too
7-16
23H
.'23
l.'2»IO
31^
5-16
22K
'2,950
.'21X
200
..'22
S.S'.'O
'22
600
200
200
34,150 total
15-16
23»
'23
23 1-16
•28K
'23 3-16
23M
'28
6-16
n%
23W
2iH
May.
33
'23
..•28K
7-16
918
.....'23X
28iW
14,8C0 total
For
i
..28
June.
July.
.22K
10(1
•»%
33V
23X
603
100
100
100
SOO
'28
'200
1,500 total
July.
22J4
516
For August.
100
300
100
100
400
100
tiyi
22 9-16
'23
.28X
7-:6
22M
'23
9-16
1,100 total
33)4
•23.lt
August.
For September.
22«
100
•2I«
23 11-16
•22X
22 13-16
'22«
15-16
22
1,800
31H
300
2JS-16
'JSX
1,100
','3
1,900 total Sept'r.
For Octol er.
100
The following exchanges have been made during the week
yic.
paid to exchange 100 April lor IIX) May.
500 March for 500 April'
"
"
IXC,
300
February
7-16
iSii
23 Ji
:ti%
800
1,000
For May.
..23K
3,90J
11-82
a^i
10(1
2.400....
1,300....
1,100 ...
900....
600....
100....
28 9-16
100
500
ofs.
bales.
23 7-16
100
200
600
22 5-18
60,5S0 total April.
.22X
3-16
For June.
800
SOO
200
100
SOO
n
'23
11-18
MX
22 13-16
SOO
•»%
7lX)
1,000
3,700
2.200
2.500
2,100
9-16
.•22J4
'22
32 11-16
800
1,800
100
6,800
22K
700
1.000
2(W8'tnot....32>f
500 not. after
?2 7-16
22 >^
32 9-16
1,214)
2,'20O
260
800 not. alter
10th
21;^
100 not. alter
.2-2X
22)j
Feb'y.
31 9-16
•21s
21 11-16
cts.
22 5-16
100 not. after
10th
23X
31K
9300
1,000
8,150
1,700
5,900
1,900
1,500
4300
3,100
2,'20O
bales.
-22 7-16
1,100
22 7-16
100 not. after
830 s. n....31 7-l'>
100
21 7-16
30O 8. n
i\%
8,1C0
1.900
cts.
..32X
aaer
"
907,148
•21V,®....
335
123
800
366.324
78.105
81,863
85,161
62.453
lOI.OOO
32,000
©....
Wednesday
Thursday
lOth
200.904
51,553
23,590
67,262
40.615
98.323
30,000
U
20
513
192
53,850 total
bales.
had'.'.'.'.
Elp't. sump. ula'n
For March.
100 8. n
.2IJii
1872.
20«»....
21«®....
22kl» ...
Texas.
Orieans.
19-1^1%....
:
4,650 total
Beo'd this week at-
19K&....
SALES.
Con- Spec Tran-
6M)
200
:
BICKIFTS
Rec'd this week at—
Kew
week
Mobile.
WX'fl.....
Below we give the sales of spot and transit cotton and
Uplands at this market each day of the past week
•200
-•-. viid receipts tor tuis
-
Florida.
23
1
Tuesday
1,562,
8251
New
Upland and
700 March for 70(1 A|>ril.
400 ktarcli for 400 April.
300 March lor 300 May.
100 March for 100 .May.
3C0 March lor 200 June,
[or JOO MarcU « > eu.
1
20
;
1
March
2,
.
1
1
.
1
THE CHRONICLE.
1872]
\Ve\thru Uepobts bv TKLKdRArn. — Our Galveston
teleerara
that il lias rained at tliat point two Jays the past week,
and that planting; is making >{0<>il progros!". At Selnift tliere liavo
boon tliroo rainj days; until to-d;iy it has Immsh warm, but now it
is
sloetiug." TUore have buen two rainy days at Mont^jouiery;
and it is turning; I'old to-day. The same storm appuars to have
passed over Mobile, and also up into (Joorgiiv aud South Carolina,
there Uavinjf been three days' rain at Macon, two days at Columbus and Siivannali and Charlt'."itoii. It ha.s also rained two days
at Nashville aud Memphis, at the latter point the weather bcinj,'
generally cloudy the rest of the week. Our correspondent at
Memphis .states that the entire crop is now sicured there, and
At New Orleans they
threo-(|uartors of it have been marUelod.
have had two days of rain aud two days showery. The thermometer at Memphis has averaged 41) at Charleston, Tm at Savannah .")(!; at C:)lumbus and Mr.cou. 5:1: at Selma, 52; at Oalvoston, 02.
Btftte.s
;
;
,
Chop. — We
are iuformed by our
Pi,\NTiN<i von TiiK Next
correspondents in every portion of the cotton-j^rowiug States that
preparations for the next crop are being made on an enlartfed
scale, an 1 we fear unless this disposition to expand receives some
check the South will find that the cominrf year's work has resulted in their growing poorer instead of richer. Of course, it is
not desirable, and in lact it would be a very short-sighted policy
to keep the supply of American cotton short but at thesarae time,
it is worth while for the planter, who 1* giving up everything to
cotton, to consider what sacrifices ho is willing to accept for the
purpose of furnishing the world more than it can ronsume.
First, it is well to remember that provisions have been cheaper
this year than they are likely to be another twelve months.
Prices for corn and pork have ruled extremely low. This
has been very favoral)le to the Soutli, and has enabled the planter
to raise the present crop at a much smaller cost than any crop
since the war.
Higher prices to be paid for supplies is a point
worth considering. Second: From every side we learn that there
judiciously used on a limited
is to be a lavish use of fertilizers
but from the eviplanting would most likely result in a gain
dence received on this point we fear that the experience of 1870
is to be repealed, resulting in a further increase in the ex(H;nso
Then again, with a large crop, the cost of the
afxount. Third
labor to work it will be increased. Contracts are at present, we
understand. l)eing made with the freedmen at about last year's
ra es but, when the busy season conies and extra help is called
in, there will be increased competition aiid consequently increased
wages to be paid. Here, then, are three causes operating to enhance the cost of the present crop to the planter. Fourth
On
the other hand, suppose a five million crop is received, what can
we reasonably expect the price will be? Planters, we know, are
many of them deceived by the high quotations now ruling, and
believe that this year is in that respect to repeat itself. The
truth, however, is that consumption cannot in one year be very
largely increased; the spindles must be made before they can be
run.
With a good season, then, for growing, and with a supply
from America considerably in excess of any possible consump
tion, and with other countries, too, growing all they can, as we
have every reason to believe they will, it cannot be a very difficult
problem to determine what the average price will be. And with
a very poor price for cotton and all the wheat and corn and provisions to buy, in what condition is another winter likely to leave
the planter"? Is there not enough in these suggestions to lead
the planter to see the folly of giving up all his land to cotton?
Would it not be wiser to raise all the food you want, and after that
raise all the cotton you can economically?
No other policy is
safe, and the merchant who maSes the advances should see that
;
—
;
295
each port as given below. From figures thus receired,
prepared the following table, a bowing the quantity ot
cotton in sight at this date (March 1) of each of tb« two pMt
seasons:
afloat for
we have
1873.
Stock
Stock
Stock
Stock
Stock
Stock
Stock
in Liverpool
in Ijondon
in Glasgow
in Havre
i
bales.
400
80O
41,000
4,600
8,760
25,000
350,000
2,264.186
2,192,589
n Marsell les
Total
710,000
76,000
195,000
18,000
15,750
100,000
175,000
27,000
18,000
323,000
507,148
80;i88
in Bremen
rest of Continent*
Afloat for Great Britain (American)
Afloat for Havre (American and Brazil)..
Afloat for Bremen (American)
Tf tal Indian cotton afloat for Euroj)e
Stock in United States ])orts
Stock in inland towns
*
1871.
624.000
179,000
stock at .\in»tenlani as received by eable to-nlglU
3.Hii;
2i),0<M)
167,000
659,708
123,285
i» Btt.OOO bales.
These figures indicate an increase in the cotton in sight to-nigh
of 71,047 bales compared with the same date of 1871.
Movements op Cotton at the Interior Ports. Below we
give the movements of cotton at the interior ports receipts and
shipmen's for the veek, and stock to-night and for the correspond-
—
ing week of 1871
;
.-Week ending Mar.
387
621
1,04'3
10,831
8,5»3
830
193
16,093
10,907
m;im
34!)
Memphis
"""
10,818
8,938
9,543
6,420
3,374
35,006
6,289
382
Nashville
ending Mar.
1871 -,
1,
Htock. Keccipts. SMpmenta.^Stodt.
3,105
1,302
1,191
1,422
2,61)3
^Week
181S-.
1,
Keceipt«. Shipments
'"
Augusta
Columbus
Macon*
Montgomery
Selma
—
3,008
1,196
1,326
1,938
1,153
15,523
3,380
1,401
17.489
2,967
23,047
12,547
14,219
8,755
8,612
47,258
8,847
27,424
30,521
123,285
2,587
797
2,693
2,.587
:
• Count of stock taken at Macon to-day made tlie stock 9,543 bales. Our
telcirram does not state how this ditlors from th<' running count, but as we
make it, there Is an increase of 137 bales.
;
:
it
is
carried out.
—
BoMB.^v Siirr.MnxTS. Our Bombay telegram received to-night
gives the shipments to Great Britain for the week at 17,000 bales,
and to the continent, 11,000 bales, while the receipt.s at Bombay
during the same time have been 38,000 bales. The movement
since the fir^t of January is as follows.
These are the figures of
W. Nicol & Co., of Bombay, and• are for
week ending
the
-"---•
Monday
-
;
:
Exports ol Cottou (bales) fyom Netr Tork since Sept.l,18Tl
WEEK BNsraa
Liverpool
Feb.
Feb.
7.
14.
7,780
Total
21.
Hrilulii.
17.IH0
20.mi
.— Slitpments since Jan.
I
949
886,828
6,734
7,780
7,831
4.066
11,551
234,038
863,063
Havre
OtherFrench ports
19
9
381
119
Total Prencb
19
9
600
Bremen and Uanover
75
229
67
105
SO
Hamburg
Cun-
Total.
Britain,
tiiient.
1I.00J
S8,m)
a.soo
181.mi
59.
00
223,1100
l^.OlKl
Ufi,UOO
33.1ICJU
138,000
80,000
Week's
Total, recelnls.
Total to N. Kurope.
75
229
87
:
;
.
1,183
10.128
6,068
7,882
6,730
23,096
849
165
Spain.Oporto&OibraltsrAc
a.863
From
the foregoing it would appear that compared with last
year there is a decrease this year in the week's shipments to Great
Britain of 3,000 bales, but that the total movement since Jan. 1
shows an inrrMni' in shipments of 85,000 bales over the corresponding period of 1871 while the receipts at Bombay continue
to be largely in excess of a year ago. Our dispatch to-night
states that all the reports from the crop are very favorable.
GUNNV B.\os, B.\GOiso, &(;.—The demand for cloth his been
rather moderate the past week, and there is more disposition
shown on the part of manufacturers to make contracts for future
delivery, but buyers generally hold off and prefer running their
diances to paying much more than the present ruling rates. Sales
are 5,000 rolls domestic for future delivery on private terms, and
500 rolls in Boston, deliverable May 1, at 18c. Bags have been
dull, and there are no transactions reported.
Hemp is dull; Manila nominally 13o., gold; 800 bales Sisal
sold on private terms.
Jute has been in better demand, but closes more quiet; sales
are 500 bales medium quality at 5i@<!c., gold 500 do. to arrive.
at 6c., aud 500 bales M. C. at 7c.
Jute butts rule quiet, and the
price is barely steatly sales, 500 bales at 3Rffi3|c
currency, and
400 bales in Boston at SJc, currency.
Visible Sci-ply of Cottojj Made up by Cable and TeleOBAPH.— By cable we have tonight the stocks at all the European
ports, the India cotton afloat (or all of Europe, and the American
....
6,S48
to^
Great
tincnt.
9jsm
233,089
4,066
Other British Ports
Total to Gt. Britain
time i
prer.
year.
28.
11,551
7,831
TEnej
to
date.
Fob.
Feb.
:
.—Shipments this week to-^
f'lmGreat
i?;i..
The above totals show that the interior stocks have decreased during the week 677 bales, and are to-night 36,897 bales lesi than
at the same period last yeAr.
The receipts have also been 11,381
bales less than the same week last year.
The exports of cotton this week from New York show a decrease since last week, the total reaching 4,221 bales, against
Below we give our table showing the
11,789 bales last week.
exports of cotton from New York, and their direction for each of
the last four weeks; also the total exports aud direction since
September 1, 1871 and in the last column the total for the same
period of the previous year
Total Spain, &c
....
Grand Total
7,874
1
....
7.898
11,789
4.221
l!i96
202
1,196
2,565
888.725
242.484
The following are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the last week, and since Sept. 1, 1871
MEW YORK.
FHII.ADELP'IA
BALTIXORZ.
reoe'ts raou-
This
week.
This Since
week. Sept. 1
Since
Sept.
I
1.
I
I
Tbia Since
This Since
week. Sept. 1 week. Sept. 1
;
I
I
New
Orleans..
3.005
Texas
Savannah
25,432
89.6'i8|l
1,355
70.213;
1.A4T I
7.644
lU3,60l||
Mobile
Florida
S'th Carolina.
N'th Carolina.
Virginia
North'rn Ports
Tennessee, Jbc
71,327
i.o:.«
iss;
2..%1
1066
2,380|
lol
3,7-»
Foreign
I
1,0I9|
644
31.042
120,887
1
2.556]
7i.«3<i|
2,847
538;
8.8501
319
i;i24' 63,144
2.001 36,2A8,
1,054 27,378
163
161
5!3,61I
6,467 t78,ia
Total laat year
31.727
728.604
13.703 160.418
—
'.~\
...I
1M|
48
511
6,181
11,087]
15.156
7811)
1,616;
SlTi
1.018
....j
6,631
IWt 6,418
6281
17^6
18,668
1.138,
2.»T6i 48,879
2,61«( «7,«57
899' 84.881
2.976' SI.966
1,
The exports of cotton from the United Sutes
»i per iai(^^ mart returns, b»v« rwohed 71,939
SHiprrNO News.
pMt week,
1.931
2,091
io,r-
I
Total this year
the
411|
2,176i
18.:«8
:
:
.
:
,
"March 2 1872.
THE CHRONICLE.
29B
W
So far as the Southern ports are concerned, these are the
bales.
«ame exports reported by telegraph, and publislied in ThbCiiiionICLE last Friday, except Galveston, and the figures for that port
are the exports for two weeks back. With regard to New York,
we include the manifests of all vessels cleared up to Wednesday.
nieht of this week :
Indian
E.'lSdUn;:
T„,a]
2 400
laoiSSO
450
700
2,381
124
13,670
42..3.3Q
44,:j85
15^5^
15.710
519,490
iU.VM
29,370
85,:330
51,004
910,33
Bvening last:
Total bales.
Liverpool, per pteamers City of London, 574... Atlan4,066
.\lKeria. 834 . . . per ship Savior Fjiire, 759
Egypt, 940
tic. 939
105
To Bremen, per steamer New Yorls, 105
50
To Ilamburg. per steamer C'imhria, 50
.David,
2
860
Berry.
:j,978.
per
ships
Gen
Liverpool,
To
New Ohleans—
Abbot'furd, 3,723... Giant's Causeway. 3,955 ...Duke of W'clRosalie, 2,786
linffton 2485 ...per barks Thos. Cocltran, 1,980
R T. Buck, 1,895. ...Queen, 500. ...Ans^ar, l.liiO .. ..Pekin, 874.. 25,596
per barks Nettie Merryman,
To Havre per ship Leone, 2,419.
6,467
1,813... Venas, 2,205
2.051
To Amsterdam, per bark William, 2,031
510
To Barcelona, per brig Marcelina, 510
Monii-K— To Liverpool, per ship British Lion, 8,034. ...per brigAabine,
S.'tSS
404
380
To Cork, per brig Amoenitas, 380
2,197
ToBiemen. per bark KiuKbird, 2,197
CHiBLKSTON—To Liver|)Ool, per barks Colonist, 1,278 Upland and 185
Onward,
Otliere, 1,0'J4 Unland and 174 Sea Islaud
Sea Island
S. Barker, 3,349 Upland
. .Jennie
l,74ti Upland and 21 Sea Island
8,022
and 172 Sea Island
Savannah— To Liverpool, per ship N. & E. Gardner, 2,8.'<4 Upland
.per barks Maitland, 2,098 Upland
Abby Ryerson. 3,7:35 Upland
11.662
L. R'eH., 1,075 Upl.-ind....Hipparthu3, 1,920 Upland
1,654
To Havre, per ship Ilvideour, 1,604 Upland and 50 Sea Island
l.:300
To Barcelona, per bark Maria, 1,300 Upland
1,452
;
Texas To Liverpool, per bark Rosalind, 1,452
2.114
To Bremen, per bark Bremen, 2.114
413
Baltimore— To Liverpool, per steamers Oalifornian. 63. Caspian, .^50.
461
Boston— To Liverpool, per steamer Batsvia, 461
sales, etc., OI" all DE9CKIPTIONS.
Same
Total
Sales this week.
this
period
Ex- SpeculaTotal.
year.
1871.
tlon.
Trade, port
New York— To
.
.
,
.
To
American
1871.
293,700
36,860
ai.Olfl
24,8.')0
14,.3:in
3,060
32,600
580
7,650
7,:300
4,.510
2110
65.510
4,620
3,830
21,0:10
278,:120
12,060
58,660
867,:il0
Imports.
This
week.
Brazilian
38,648
16,532
E.'yptlttn
this
date
To
2 880
^^^°
1000
^'^''
!39,%0
14,.380
10,760
499,340
75,750
54,360
1
(
Stocks.
.
,
,
Same
this
date
This
Total.
Dec.
date
31,
1871.
168,800
1872.
1871.
1871.
day.
1871.
2rt5,.')43
565,80
2,23'i,984
168,:130
40O,.160
58,7:12
63,910
71,010
179,280
279,770
760,830
566,900
i:i,861
126,807
82,154
66,207
600,466
964,880
Smyrun&Gr'k
2:!0
1,:)39
834
6,4.58
W.Indian
618
14,223
14,694
75,461
17,459
90,592
113,610
895,:«8
71,620
80,790
2,180
4,190
208,330
81,113
660,003
799.674
4,014,786
585,340
East Indian..,
Total
:i,.520
64,0:10
49,760
,. ,„
"'"^
1
:-2,7.'iO f
Of the present stock of cotton in Liverpool 29 per cent is
The proportion of
American against 53 per cent last year.
Indian cotton is nearly 31 per cent against nearly 24 per cent.
London, Feb. 17, The market has lieen very dull all the week,
and, without pressure to sell, the transactions reported show a
decline of ^d, per lb. both on the spot and for arrival. The loUowino' are the particulars of imports, deliveries and stocks:
—
.
The particulars of these shipmenta, arranged in our usual torm
are as follows
Ham- Amstcr- BarLiverCork. Havre. Bremen. burg, dam. celona. Total.
pool.
610
2,051
....
34,624
6,016
8.022
14.616
3,566
413
461
9,197
1,300
1,651
2,114
413
461
.1872
bales.
1871.
18'.0.
Deliveries
bales,
16,015
6:i. 23
bales,
26,888
16,480
Stocks
W.136
W,2«
Imports
4,221
50
103
6,467
380
1,452
Baltimore
Boston
6,320
1872.
337.O.S0
1.57,770
1,260
12,770
^^1
*"
4,330
40,380
30,010
9,2.W
2,720
-,^j
,(>
r
,
71,938
Texas
,
3,780
2 760
1,570
.
Total
4.066
96,596
3,438
Charleston .... 8,022
Savannah
11,662
.Of,
''^^
I
4,560
Total
.
.
Mobile
250
80
Bast Indian
.
—
New York
New Orleans..
6,240
3,420
Egyptian
—
.
1,.560
Smyrna * Greek.
West Indian, &c
Average
weekly sales.
.
American.. bales, 24,680
Brazilian
.
.
.
75,:J60
The following statement shows the sales and imports of cottoi
for the week and year, and also the stocks on hand on Thursday
8;3,62s
6.3.199
180,810
BREADSTUFFS.
Friday
P, M,.
March
1,
1872.
and drooping for flour and wheat, but
very fair business doing.
Total
71,933 other articles have ruled steady, with a
55,110
8,121
50
2,051
1,810
4,416
The following were omitted from our shipping news at their proper dates
Flour has come forward rather more freely, while the demand
On the lOrh of January the schooner Kate Brigliam cleared ITom Norfolk, with
has in a great measure subsided. The inquiry for Great Britain,
1,259 bales cotton, and on the 5th of December the steamer Australian, on its
way from Mobile to Liverpool, stopped at Norfolk for coal, and took from in particular, has fallen off, and common shipping extras have
lh'*t port 57 bales.
The ship Astronomer, from New York to Liverpool, which was last week been dull and weak, but fall made flours of good quality have
estimated at 350 bales, canied only 343 bales.
been scarce, and witli a good demand from bakers, as well as from
Gold, Exchanoe and FRBiGnTS. Gold has fluctuated the shippers to the West Indies and South America, prices have ruled
past week between 109^ and 111, and the close was llOJ.
the difference, we may state,
Foreign Exchange market is firmer.
The following were the comparatively firm. To illustrate
last quotations: London bankers', long, 109i@l09f
good extra State, fall made, would sell at $7@7 10, while fresh
short, 110@
llOi, and Commercial, 108^(31081.
Freights closed at jd. by receipts of the same brand would be had at $6 80@6 85. South.team and 3-lGd. by sail to Liverpool, Ic. gold by steam and
ern flours have remainsd steady and fairly active. Rye flour
11-1 6c. by sail to Havre, and |d. by steam to Hamburg.
Today, the
unchanged, and cornmeal in better demand.
By Telegraph from Liverpool.
market was generally steady, but without important transactions.
Liverpool, March 1—5 p. M.— The market opened qniet and closed heavy,
with sales footing up 8,000 bales, Incluillng 2,000 bales for export and specnlaTho wheat market has been very dull, and prices have declined
tlon. The sales of the week have been 51,000 bales, of which 1,000 bales were
and
especially in spring growths
taken for export and 7,000 bales on speculation. The stock in port is 624,000 for nearly all descriptions, but
balo.9, of which 241.000 bales are American
The stock of cotton at sea bound for the past few days sufficient business has not been done to
to this port is 434,000 bales, of which 175,000 bales are American.
establish quotations. It was said that shippers would pay $1 51
Feb. 9.
?eb. IB.
Feb. 23.
March 1
Total sale*
117,000
@$1 53 for No. 2 spring, and $1 55 for No. 1 do., in store. The
58,000
97,000
51,000
Sales for axport
14,000
6,000
6,000
4.000
sales of current arrivals of winter wheat by rail, have been at 2
Sales on speculatio
4.3,000
12,000
30,000
7.000
Total stock
499 000
535,000
566,000
634,000 @3c. decline, but boat load.s in store have been held with much
Stock of American
137,000
168,000
908.000
941,000
Total aUoat
firmness. To-day, there was more demand for export, and spring
414,000
420,00
400,100
4:14,000
American afloat.
202,000
203.000
160,000
175,000
wheat closed a shade firmer No, 2 Milwaukee, in store, brought
The market has been
dull
:
—
;
—
;
.
1
—
.
The foUowlngtable will show
the daily closing prices of cotton for the week-
mmix J"T
'
PriceMid.nprds.i,Kg*:..
ii'^siixnS
"
Orteans.llX(ail^ll^^..'*H°M»y?l'^|"^,%||lixi;^|;;
auTn"«
in iSfcoTtlS
n'®
maS' '"^ «""='«=«"=' "« "=^« favorable and causa a
EOROFEAN AND INDIAN CoTTON MARKETS.— In
reference to
these markets our correspondent in London,
the
o
uo
, writing
b under
date of Feb. 17, states
Liverpool, Feb. 17.-The following are the prices
of middling
compared with those of last year
P*!"; *
^Same date 1871.-Ord.iMId^
;^d fair-, ^O'd&fair^
.
.. .
Mid. Fair. Good.
B«a Island
—
qualities of cotton,
u
Stained
24
2i
98
Ord. Q.Ord.L.Mld.
„
DP'^a,
,
38
32
44
34
Mld,G,Mld,
50
35
MP,
23
18
30
22
27
Mid. G.Mld. M,F,
|1 55, and for No, 1 spring, afloat, |1 CO.
Corn has scarcely varied. There has been a large business in
new West>!rn mixed and Southern yellow at 70(a71c., afloat, with
some old Western mixed in store at 73c,; new Western yellow
afloat at 71@71ic,,
and prime new Southern white
at 74c,
Lat-
the receipts have been less liberal, but the tendency of
prices to improve has been held in check by the decline in
terly,
gold.
Today, the market was'dull and weak
— prime new West
ern mixed selling at 70Ji@70ic., afloat.
Rye has remained dull and nominal. Barley has been
the sales have included considerable lines of
-
more active;
common 2.rowed
and prime to choice Canada
Oats have been a shade firmer, with one
two boatloads No, 2 Chicago selling daily at 52c,, in store.
The following are the prices of middling qualities" of "cotton Bfi or The
following are closing quotations:
Tt
this date and at the corresponding periods in tlie
three previous
Grain.
Flohb,
Superfine State and WestWheat— No,Sspring,bnsb.|l 62@ 1 68
IQiU
*anA
ises. IfiTA
1870, IIVTt
J871.
187«.
ern,,.
..,
1 58® 1 62
No. 1 spring
bbl, 16 10® 6 60
1869. 1870 1871, 1879,
$
Midland
d.
d.
d.
d.
Midland
Extra State, &c
1 6.3® 1 67
Red Western
6 70® 7 10
d.
d,
d,
Sea Island 28
18
9.?
Western
1 69® 1 75
Spring
Amber
do
12
Wheat
.,,
7>f
UptaDd,. 107^
io»i
9y.
7)f
Bsyptlan,,.. 11
extras
3 65® 1 80
White
6 fiSa 7 ro
6« 8W
Mobile, 12
'8
lox '•y.
9y.
do double extras
69® 75
7 25© 8 85 Corn — Western mixed
*H 6
Orleans., 12>i
713-16 9fi
\0}i
Dliollerah,..
do
winter
»
wheat
Western
72® 78
extras
White
8
.j....,<7 luo w^miuuutuuiBui, oj vue year lue
and double extras
Yellow Western
71® 77
7 95® 10 25
transactions on soecula'City shipping extras, ,,
Southern,
new
tion and for export have been
68® 76
6 90® 7 10
City trade and family
97® 1 00
Bye— State and Canada.
YActnalexp.from
Aetna!
brands
Western
92® 95
7
75® 9 50
Liv., Hull & other eip'tfrom
Southern bakers' and faBlack Illinois, ...
50® 52
Oats—
Taken on spec, to this date-,
outportstodate^
U.K. in
mllybrands
mixed
7.-)@10
Chicago
8
„...,„,
50
„-«, M
69(i
1872,
1871
1870,
1873,
1871,
1871.
Southern shlpp'g extras,, 7 25® 8 60
Ohio and State, ..
54® 66
White
bales.
bales
bales.
bales.
bales.
bales.
Rye
flour
90
4
Western
Barley—
86®
50®
5
15
Amftrlcao...
64,860
19.160
86,660
18,586
30.650
802,180 Cornmeal— Western, &c,
3 60® 3 90
State
75® 1 60
Brazilian...
87,620
100
3,290
9,058
2,990
60,310
Corn
meal—
Brwine,
Ac,
1
20
3
95®
4
00
West
1
06®
Canada
BgyptUn.
17,400
1,000
J,BOO
940
661
12,120
Buckwheat flour, p,1001b. 3 10® 3 50 Peas— Canada
1 00® 1 90
lOJi
9>; lOJi
«)i 1074
»,'i
Mobile
N.OrleansATexaa
MX
113-16
11 5-18 11
11
liw
ll)f
)i
11%
115i
12
IX
sy,
^%
8>.'
7 13-16
7 13-16
7 13-16 8Ji
State at 73@78c., in store and afloat,
West
at $1.15@$1.20.
:
.
I
,
|
.
:
.
.
March
in breadBtuffk at this
-naowtm at
mw tom.-
meal," ..
Wheat, bne.
For ibe
Since
week.
S8.SM
Jan. 1.
jm.188
3,433
SMOS
71,M3
jn.ios
0.
"
"
Rye,
Barley.Ac "
M8WS
OaU,
The (oUowini;
-1874.
time Jan. For the
week.
1, !?71.
16,380
4.58S
si.ms
396.688 813,751
8M,780 375,137
400
8,»97
1,415
438,731
6»3,5«a
:
For the
week.
1
151.331
37,506
30,880
1,»U
l,4ae,<16
3,983,580
138,054
93,179
80,660
303,841
13.013
1,330,016
sas.3«4
S^TOi
965
8,644
'sob
FEBRUARY
FloDr.
Wheat.
bble.
hnab,
MUwankee
8,426
Toledo
.3,095
Detroit
6,536
3,850»
31,898
Corn.
Prerlonsweek
"
"
"
'71.
'70.
'69.
"68.
'87.
68,608
63,353
69,911
97,737
103,556
79,913
67,395
Oats.
370,840
96.375
53,011
8,588
36,019
31,700
63,383
Barley.
77,671
17,167
36,790
13,186
6,650
68,403
322,9.35
49,421
14,360
199,895
Ryr,
10,773
13,436
.19,070
13,303
1,567
4,945
1,200
17,328
1,300
4,757
953,836
836,826
507.330
384,692
330,591
456.070
316,460
307,360
193,375
.304,875
388,493
997,259
155,638
177,080
319,817
358,775
242,655
155,175
139,970
102,490
180,348
COMPARATITE RECEIPTS at the Same ports
24, both inclusive for four years :
1871-72.
3, 137,193
Wheat, buih
Com, bu«h
Oats, bneb
BarleT, bush
Rye, bash
Total grain
from
With one
PRinar EraNtxa, March 1, laW.
or two exceptions, wo again record below a geaerally
dull and tame market for all the leading styles of groceries
Buyers have been few and far between, and those who did appear
too indifTerent to handle more than enough goods for their most
Stocks in the meantime have, in several instances, increased and
values weakened enough to warrant reduced quotations. The
unsettled Tariff bill still has a very prostrating influence upon
trade, and undoubtedly causes our merchants serions loss, though
difficult and costly transportation tends somewhat to restrain the
July
29,160
12,151
Aug
1
to
1st.
The
21,842
entries direct for consumption, and the withdrawals from
bond, showing together the total thrown on the market for the
week, were as follows
Feb
Tea, black....
33,881,805
36,106.779
12,497,071
4,754,379
1,195,931
84,103.929
89,666,320
77,406,968
70,421,300
1868-69
4,174,337
Japan
Various
~
Coffee,
Kio..
Java
"
Maracalbo..
2,46'.!
2,761
tl'il
1,847
2.472
301
1.132
pkgs.
pkgs.
Dkgs.
pkgs.
Sfage.
mais.
bacs.
Otfei
1.069
.
Snitar, Cuba.. 5,?99
cfirba
6,217
Porto Rico
Other
....
1,491
hi. KB,
Sugar, Brazil.
blKS.
bxcB.
hhda.
M'las'eB. Cuba 1.571 *hhds
I'orto Ulco. 690 "bhds,
'hlKlh.
Demerara..
hlulB.
Other
"HhdB. include bbls. and
I
pkgs
10,464,900
2,8.33,238
bag».
....
bag
IKS
«.ono
Withdrawn from warehouse
21,878,31)1
110 'hfads.
"bhds.
tcB. reduce,
for trsnsportation to the intcilor. In
tea, 1,617 bags coffee, 20 boxes sugar and 30 hhds molasses.
bond, 414
Imports this week have included 5 cargoes of tea 22,827 bags
Rio, 8,502 mats Singapore, and 10,272 bags of other kinds of coffee ;
4,174 boxes, 2,971 hhds., and 42,816 mata of sugar, and 1,104
hhds. of molasses.
The stocks in New York at date, anc imports at the Ave leading
ports since Jan. 1, 1872, are as follows
;
1,140,872
69,668,624
.
.
.
Wheat,
bnsb.
Corn,
bneb.
bneb.
49,047
44.921
47,046
105,148
497,673
4S3.455
259,319
189,852
105,480
102,290
51,654
33,360
70,616
50.441
57,812
65,286
Gate,
Barley,
bnsh.
8,150
11,953
2,130
700
Wheat
bneh.
293,723
3,473,983
759,653
392,737
88,366
308,875
3,679,892
4,908,353
3,568,571
Barlay
Rye
Total
1870.
601,610
442,138
1869.
688,331
990^
769,503
1,087,114
362,487
93,606
30,338
391,.134
154,6%
30,874
1,461076
50.i
16)
147381
201,880
3,343,098
3,305,996
OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THE
WEEK ENDING FEBRUARY 24, 1872.
Flour,
At
NeirTtrk
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleani
Total
Week ending Feb.
bush.
95,3fl
104,088
17... 65,294
WeekcndingFeb.lO...
Wheat,
bbls.
30,374;
8,814
7,900
4,500
8,672
16,500*
18,801
45,610
100
14,526
1,750
18,102
34,000
....
70,7.33
87 205
80,826
107,987
94,!)74
20... 142,079
ending Jan. 13... 143,414
121.a3B
111,365
99,870
Week ending Feb. 3
Week ending Jan. 27 ....1.55..397
Weekending Jan.
Corn,
bush.
Oats,
bush.
Barley,
Rye
bnsh.
bnsh.
252,925
41,433
10,010
80,712
33,185
5,820
67,737
6,786
3,068
1,200
3,000
460
....
.520
125,053
115,870
304,704
66,090
12,600
76,379
749,494
563,6«2
569,092
215,186
166,398
214,841
177,084
283,627
80,790
78,228
24,266
42,933
40,378
3,671
4,432
2,922
3.188
267,-290
9.3,593
194,952
89,845
2,960
2,663
84.3,813
1,03.3,915
811,178
753,640
1,400
771
1,050
8,5.55
• Estimated.
Jan.
1,
'72
:
Flour, 889,036 bbls
Wheat, 788,680 bush Com,
bush; Barley, 533,661 bush Rye, 30,910 bush.
;
;
6.106.026 bosh; Oats, 1,691,370
Total grain, 9,149,5:37 bushels.
;
The Visible Supply of Grain, including stocks in store at
the principal points of accumulation at lake and seaboard ports,
in transit by rail and froz 'n in the New York canals, February 24,
1872, is as follows
:
Wheat,
New York
In store at Albany
InstorestBoHklo
In store at Chicago t
In store at Mtlwaakeo
In store at Dolnth
Insiore at Toledo
In store at Detroit
In store at Oswego
In store at St. Louis
In store at Boston
In store at Toronto
In store at Montreal
In store at Pailadelphlat
In store at Baltimoret
Amoont on New York canals
Rail shipments for week
Com.
Oats,
bush.
bash.
bosh.
3,687,916
10,000
505,833
1,670,129
1,769.000
18,900
440,119
196,317
484,152
858,186
11,851
388,871
310,015
578,409
1.^000
246,000
6,100.078
818,336
2,118,079
168,000
401,739
650,884
81,664
39,771
438,973
211,788
1,635
166,794
384 936
164,723
345,000
185,000
1,118,203
49,047
150,001)
1,190.6.33
197.173
Barley,
bush.
284,751
60.000
144,400
636,476
88,012
87^548
15,450
203,616
18,422
345,000
1,083,313
497,673
3,968
317,016
163,488
83,817
17,636
300,000
66,000
628,075
105,480
86,000
10,000
409,064
60,914
9t»81,0»8 10(786(101
6,97»,«87
t,080,tm
24,2.38
54,167
1.3,300
New York
at date
bneb.
60,914
38,471
:l,I04
15,915
the same ports from Jan. 1 to
1871.
1873.
446,101
stocks in
Rye,
24, inclusive, for four years.
Com
OaU
Total
York.
13.091
31,139,150
33.857,286
17,114,098
5,392,978
2,161,803
bbls.
bbla.
In (tore at
New
t,4SMM
24,328
67,610
48,^36
1869-70.
3,814,469
Flour,
Total
And from
6,317,391
OROCEBIES.
(ireea
1870-71.
3,589,685
COMPARATI^ Shipments from
Week
t.«M,fM
8;7T»;«J
:
ending Feb. 24, 72
\» eek ePdingFeb. 17, 72.
Week ending Feb 25, 71.
Week ending Feb.25, 71.
ItBCKIFTS
t Kutimated.
1 Including amoont afloat In veaaels.
* KzclnaiTe of amount afloat In canal boata In
•^""•w
«,«01.
4,IR>r.MI
:
Week
February
??
2-22'S 'i^««-'»
73.10,SII6,«8»
Dec. 31, •71.10,641,8M
26,8.30
.30.165
.30,373
Shipments of Flour and Grain from Chicago, Milwaukee,
Toledo, Detroit, St. Louis and Cleveland for the week endiru
Feb. 24, 1873
iln S'
Jao*),
i,ffn,iM
^SmIotT
41.016
23,751
44,747-
70.,313
•Betiraated.l
Floor, bbl«
,",">•*»«.<»« 10,»40.««B
movements of interior buyers. At the close this (Friday) evening
a somewhat better feeling is current on teas and coffee, as it is
announced on good authority that whatever action is taken on
the pending tariff question, the bill will not go into effect until
No report.'.
. .
Correspond'g week,
"
J-
positive wants, giving business something of a retail character.
bneb.
biish.
hneh. haih.
(6Albi<.)(83lb«.)(4RlhB.)(6Klhr.)
".
.'
WEEK ENDING
24. 1872.
(lAHIbe.) (60 Ibe.)
34.814
35,790
Totals
_
The Chronicle by
KBOBIFTS AT LAKX AND RIVER PORTS FOR THE
CleTeland
?•'•
Since
Jan.
Mr. E.
H. Walker, of the New York Produce Exchange, show the Qrain
in sight and the uorement of Breadstuff's to the latest mail
dates
St. Lonle
OoJatb
Total In storeandlti transit Feb. 17.-73.10.MS«.01S
10,8<I«,J« S,*^!)*]
'2'
'.J2'.2'S'*2 '"•"»•«» ••««.«'•
Sr?
!ia,l44
»7«.270
tables, prepared for
Chicago
297
-1871.-
Since
Jan. 1.
4M.MS
J, 176,030
4M)
10,878
«.99!l
market has been as follown
-uiToint raoa naw torx.-
Same
-18TJ.-
Plonr, bbls.
:
THE CHRONICLE
2, 1872.]
The movement
Oorn,
:
.
Tea
Tea
(indirect import)
Coffee Rio
Coffee, other
Sugar
Sugar
Sugar
UoiaBBeB
\Ui.
pkgB.
bags.
bagt.
boxes.
hhds.
bags.
hhds.
Imports at leading port
since
1S71.
isia.
January
1872.
12 3IS.1S2
S2,473
116,681
10.637
HO.KXy
41.«0
18 699
S0.960
SO 89
P8.990
78.646
36.337
499.973
13.551
27.747
15.164
122.111
5JS4
8W.1.65
8.241
1.
1871.
14.825.983
5,312
336.889
101,254
(n,689
52.710
m.cos
28,113
TEA.
A very dull and stupid condition of affairs is reported on all grades, wltk
hardly enough business transacted to give character to the market. Interior
orders appear to have become almost entirely suspended, and this brings the
line trade to a standstill, and causes jobbers to refrain from purchasing natll
they can be assured of a distributive outlet. Valnes on all duty-paid stock
are quite unsettled, and quotations entirely nominal for the present. Buyers
could be found for goods in bond, and indeed quite a number of very fair
bids have been made, but importers were very firm, some even asking an
advance, and the movement did not amount to much. A reduction or the
abolishment of the tariff would increase the values of stocks, on which th®
Sales in
duty has not been settled, and hence the confidence of holders
invoices of 1,662 Japans, and 1,300 greens.
Imports this week have included 402,8.54 lbs. Green, per "Orpheus."'
from Hong Kong; 355,547 lbs. Black, per " Ching-Too," from Amoy; 18,000
14,180
lbs. Black and 1.600 lbs. Green, per " A. L. Banfield," from Hong Kong
lbs. Black, per " Lord Macaulay," from Whampoa; and 56,900 lbs. Black and
The receipts indirectly
16,000 lbs. Green, per ' Birdston " from Hong Kong.
have been 3,176 pkgs. by steamer and 295 by rail overland.
The following taole snows the Imports of Tea Into the United States (uo
including San Francisco), from January 1 to date. In 1872 and U71
Japan.
Total*
Black.
Oreen.
;
6,i 66 2S0
7.706,676
4,477,«5
1872
1871
S,315.!60
I.7i4.067
3^04,152
12.818,183
l«,S26,9Sj
indirect Importations, including receipts by Pacific Mail steamen via
Aspinwall, have been 32,473 pkgs. since January 1, against 5,313 last year.
The
COFFEE.
has been so completely prostrate since our last that wo
are at a loss for points upon which to base a report, and can give our readers
but little of actual Interest for the period covered by this review. Not only
has the movement of invoices been entirely checked, but even a bid on goods
in first bands could seldom be obtained, and buyers of all classes seemed to
have generally withdrawn altogether A few jobbers have now and then
found It possible to effect a sale, but the orders were all veiy small, and based
The entire market
upon absolute necessities. Interior buyers were restrained somewhat
by the difficult and costly transportation, but the unsettled
feeling pending a decision on the tariff has undoubtedly contrlbnted as much as
anything to retard business. Values, as a role, continue more or less nominal*
For duty-paid goods lower rates have been and would still be acceptedbut, on the accumuhition in bond. Importers claim to feel just as much confidence as ever, and few, If any. arc willing to name concessions, though likely
to give way on an open demand. Later advices from Brazil are still of a very
favorable character, indicating continued full cost and small receipts for some
from
time to come, but have failed entirely
stimulate increased attention
solely
In their operations
to
any class of buyer*. In the meantime, with no outlet whatever, the supply
on hand has reached a comparatively full aggregate, partly on direct imporr<«llaed "P*"* *'
tation and partly by receipts from Europe, and could only be
which
lower
ask previous figures on most gradea,
U«
rates. Holders, however,
r«taiae< as reprcfantlag somlnal raloei.
Java ha» bean wlUwot taOT*-
—
:
:
.
little tame, as
mcnt, and has a very nnccrtain value, though, on the whole, a
styles also very
the accumulation in second hands is now large." West India
iu rates, though the
dull, and one or two sales made, showing some falling off
"o'
bulk of the stock is^not available at any reduction, and the sale of stofiju."
and value?
nrged. At all the outports business is also reported as stagnant
Domingo, 69 bags
depressed. Sales of 8,450 bags Maracaibo, 100 bags St.
arrival.
Caracoa, S50 bags Costa Kica and 48t bags, the laltir before
Imports of Rio this week have included 8,'a4 bags Pcr ''^"'"'„^™';r'ff,'..
A lu
do per
7.8«6 do. per -Helvetia," 4,000 do. per "San Jnclnto,' 2,948
imports ha cinc^^^^^^^
lAannia." and SI (do. per "Atlantic- "f other sorls the
'I?^
8 5«ml«Slng«poro.per"W. A. Farnsworth ," K"! h"!-'' 5*- ".',™'V.%
tnrnc
do. do., per
•V. H. Hill,- 1,800 >lo. do., per "8. T. Holbrook," 865
Douglass," and ",:K'i bags of sundries.
.
,
,
,
yii~» „,„
„.
fnllrnvs
are as follows
Tffi stock of Rio Feb. «n. and the imports since Jan. 1, 18.4,
New
-"'"'."•T|3nS5-
New
.iSolr:.
Phlla-
J'i?i?(
Bame^atemi.
&
^..^O
^,^
._«^
Galveston.
Savan.
Baltl-
lei.HS-i
8.2 2
310.530
3,(i(Kl
S36.88<l
,
V»>
f-i
Ceylon
Maracaibo
Laguayra
Domingo
Other
Total
time, 1971
Same
3M
3.003
lt.003
8.671
9,207
8,^23
10,19J
11.918
2i,ail
41.T«)
l^fiii
';6,iM
s;.3ii>
•Includes mats, ftCTcrtntert to
«:=
Vi!l
UV.9
....
l.CSO
2
4,715
2!,7S8
»Ti«
3.000
200
t-t
3.0
200
233
101,231
i.nso
10
i.S,990
SUGAR.
stock, and a gradual softening of prices, which have already for some time
been too low to admit of a margin for profit. Of course the adverse circumstances alone would he sufBcieut to materially curtail the demand, but in addition we have fair arrivals of the new crop, and more liberal supplies constantly
•xpected, and this adds to the caution and indifference of purcnaeers. The accumnlatiop on hand to be sure has not as y<'t assumed very largo proportions,
but it is a season of the year when the Cuba crop is moving forward freely,
and one or two days of favorable winds might bring In vessels enough to
make the supply somewhat dlfllcult to handle. Importers have refrained as
much as possible from exhibiting any undue anxiety to realize, but parcels on
pier were available in considerable quHntity and constant inducements held
out to buyers until values have fallen of about Xc.per lb ..the decline extending
to both refining and groccrj' grades, with the tone still somewhat weak and
aoeettled, and quotations more or less nominal. For refined the demand has
conUnued very moderate indeed, and prices have gradually fallen off until
nearly all grades are now below the range of last week. The sales of raw include 4,360 hhds. Cuba; Sl.'j hhds. Demerara; llOhhds. Scotch refined 4,616
boxes Havana; 4,200 bags Pernambuco, and 9,68» bags Manila, part damaged
Imports atNew York, and stock in first hands, Feb. 29, were as follows
P. Rico.
•lihas.
Stock
27.747
In first
hands.
I
i
•
rrr^TS-^
is
a
1.150
9,085
10,747
70i
....
23,300
16,335
Jamaica,
:
$1.9<f?14,
1 14,
and Baracoa cocoaand 20t) di. Havana
;
PRICES CCRRBNT.
TIio PoIIowln:; arc Hnllii|; <liiotatioii« In First Ifaafla>
On
tlie Purchase or Small
Higher.
are a FractMa
liots Price*
»
Tea.
^Duty
Hyson.Common to
fair
do Superior to fine
do Ex. flnc'to finest
Toanfr Hyson, Com. to fair.
Super, to fine.
do
40
60
80
7,987
1871
SO.W)
15.161
S0,8i9
122,111
3(i6,%5
1,B91
1870
76 8i8
47,709
211,891
712
15
55
90
30
70
00
@1
®1
M
-do Ex. fineto flnest.l
HysonSk. &TW.C. to fair.
do
Sup. to fine.
do
2,4.35
45
®
a
30
45
n.Sk.*Tw'kyKx.l.tofli!'6t 65 @ 60
Uucol. Japan, Com. to talr.. 65 - "
do
Kup'r to fine... 65 @ 70
do
Ex.1, to finest. 75 @1 00
Oolong, Common to lair
48 ® 6S
do Superior to fine
60 ® 76
do
Kx line to finest
85 013J
Bouc. & Cong., Com. to fair, 45 9 »
do
Sup'r to" fine.
@ 7S
do
Ex. f.
/.Ito finest.
®1 16
i
55
75
@
@1
®
®
@l
@
40
603
40
50
-,
Duty paid-
paid-,
ta
60
Ex.flnetollneBlI 00
do
Gunp. & Imp., Cora to fair 63
Sup. to fine.. 80
do
3.'5
5,950
161,931
Havana, $14@15
;
Sales 100 bbls. Porto Rico oranges at $12
without leading to much business, there is a generally better feeling In th«
Peanuts are plenty and dull, with most of the arrivals being plsced Is
trade.
store rather than submit to lower prices. Pecans remain quiet.
Other. Brazll.Manila.&c.Melado
"hhds bags.
ba^s.
hhds.
3'6
13,0;3
16.323
.
•.
:
:
'ohdB.
i.8n
special necessity.
dec.
any change to notice in the general position of the market, although
growing feeling of confidence, and dealers npjiear to think that the
bottom has been reached, and as the ruling prices of most descriptions are below the cost of Importation, they are more strong in their determination to
resist any further concessions,
f ,'urrants and prunes remain quiet, but rather
more steady. Sardines are quiet but scarce and firm. Nu*s of all kinds are
dull.
Other descriptions are quiet, bnt prices do not show any material
there
;
;
Cuba.
some
atJ12@t4.
Domestic Green.— The movement in apples is still somewhat Blow and tYe
market rendered slightly Irregular by the pressing of some lots that have
begun to rot, but values are not quotably altered. Prime greenings have
become scarce, and outside prices obtained for such descriptions. Cranberries
are in active demand and higher, the majority of the stock of flue being in the
hands of a few jobbers. We quote as follows
A^JpIes, Michigan, Ac, per
do. State, good, $S S&r? f:) 75 do. selections, $4<5it4 50 ; common,
bbl., t2@|3
tl®2. Cranberries, fine, per bbl., $10@414 00; do. medium, t8®t9; do.
common to fair, $5(J?'$7 ; do crates, fine, $3@t4.
Domestic Dried.—There has been some enquiry from the West, and although
complain of snch a .«low market for their production that with the greatest care they are niiahio to prevent an accumulation of
bxs.
for
is little if
I'orto Rico, $ia(gl4
The trade report only a few orders from
way to meet some very urgent wants,
Cuba,
wanted
There is an improved feeling in raisins, and prices are firm, with a fair business transacted, especially in loose Muscatels which arc .30@^40c. higher than
the lowest point touched, closing at $,'i@3 10, Malaga rnisins have ruled firm,
but not qnotably higher. But iu other descriptions of foreign dried fruit there
nuts. $30.
wliile reflners continue to
4.i;4
50,1S3
41,01!
fined entirely to retail lots
;
the Interior, and these merely iu a small
Imports this week..
"
since Jan, 1.
' same time, '71
SPIOBS.
for invoices
;
general tone of the market for raws has been dull .ind weak, and the
entire advantage in favor of buyers, who do not seem as yet at all inclined to
improve the gain obtained. The cost of goods is not so much complained of
The
as the absence of distributive outlet.
187^.-^
changes.
Foreign Oreon— Is dealt in to a fair extent, a d prl^ cs are still firmly held.
We quote In a Jobbing way, Palermo lemons, $3 iS Messina, lemons, $.3®
3 25 ; Palermo oranges. $i 50®3; Messina, i!i3@.3 85 Valencia, $r@9 per case ;
+ Also, 1,193 mats*
bagii.
2,
dnring the greater portion of the week has remained at an almost complete stand, and shown few features of interest. In
fact buyers could hardly be found w ho were willing to make even a low bid,
and It would have been difficult to move stocks except at a considerable concession. Holders, however, do not appear to have developed the least weakness, and the entire stock is held at just about as full figures as ever, and Is
said to be in the hands of those who can carry it without difflculty.
Cloves,
ginger and pejiper arc probably the best supported, and the last named obtains
an additional stimulus from more favorable accounts from abroad. Conslderaljle pepper has been withdrawn from bond, owing mainly, it is said, to tb«
expiration of duty limits. Among Jobbers trade has also been slow and con-
The market
FRUITS,
3,500
,^
[March
Total.-
at the several
Of other sorts the stock at New York. Feb. S9, and the imports
porta since January 1 1872, were »i follows
N.Orlc's.
22
Bait.
Plilladel.
Boston.
^NewTork-,
g;
ftock. Import. Imrort. Import. Import. Import,
Inbagi.
cc
....
•aiM
IS.S.'iH.MO
Singapore
Java and
8«me time
..
imi CHRONICLE.
298
8t.
,
^
1^5'
ColDee.
K!o Prime, duty paid
gold.
gold.
gold.
gold.
gold.
3:^@21jl^
20y(§21
20 93ci;,-
Native Ceylon
i
gold. 19 g20!^
gold. 19 @^0H
go.d. I9X«2I'X
Maracaibo
do good
inOliASSES.
Lagnayra
do fair
do ordinary
19>iai9x St Domingo, In bond. ...gold. 14 @14S
not a very large [amount of old crop foreign on hand, but still ap- Java, mats and bags
Jamaica
gold, .i &i9
22>^<a24
"
24 @25
Brown
pears to be more than is wanted, and the tone is flat and
nominal. In fact,
the demand so far as devoloped simply covers small, odd and
Sasar.
irregular lots to
meet some special trade order, and buyers bid very low when they
S @ 8J^
Hav'a, Box,D.S. No8, I9to20.. 11V®12J<
do appear Cuba, Inl. to com. refining.
do fair to good refining.... 85C®....
Havaua.Hox, white
llKOISJf
upon the market. Of the new crop the receipts have been moderate
and
B>48 »}<
Porto Rico, refining grades...
do prime
,..,fe 9>.'
mostly sold soon after arrival, the demand coming in the main
do
grocery grades.... 9K<9I0
do fair to good grocery.... »H® 9>»
from refiners.
Brazil, bags
7^® 9X
do pr. to choice grocery... 9V@lll
There was no very general demand, however, and an absence
of any special
slanila,
bags
7^@ fy
do centrifugal, hhds. & bxs. 9 @10!.<
competition to secure the cargoes, and though the rates
1!^« 6X 1 WhltcSugars.A
do Melado
11K®11J<
obtained re sealed a
do
B
mOiasses
S\
do
,.allK
do
7X8
fairly steady tone, little if any buoyancy
could bo observed.
do extra C
llK<ill)4
Domestic has Hav'a, Box, D. S. Nos. 7 to 9..
@ 65^ do
been In steady demand, and as the stock gradually falls
do
do 10 to 12.. 9 ® 9>,' Yellow sugars.,
•Jo
away, holders gain
gri
do 13 to 16.. ^\<m'H
12!<al?^
do
9\®KH Crushed and granulated
do
conHdence, and are less anxious to sell. Values have
do 16 to 18.. 10X(811Jb Powdered
increased durin" the
do
do
12;ial2H
week two or three cents per .gallon, and are quite firm
at the close
Sugar
inolaaanii.
house molasses m fair demand, and with
a small supply, very firm good New Orleans new
22 #t«
@70 ICuba Clayed
f) gall, r^
brands standing at 19®Mc. In hhds. and bbls.
IS aW
28 ®)0
Cuba centrifugal
Syrups of all kinds in con- Porto Rico
English Islands
Mnscovado
23 ®3j
.28 efs
Cuba
tinned quick demand, and everything
available taken about as soon as offered
with prices generally 3@4c. higher for the week.
Rice.
The outlet is very general"
,
8>t' $ 9
^^'«'1.?'""'"'"^^'""«^^'^"- The sales of molasses embrace 675 hhds'. Bangoon, dressed, gold In bond 31^'^ 3>i Carolina
^''"""•' • 8™ ""'I'- P<"-"> Rico, and 2,600 bbls. New
Spice*.
Orleans.
??
,
J' to come
At VL\,^
rntlsdclpbia
here, 500 hhds. Cuba,
(goli) !2 S 18X
Cassia, In cases... gold V lb. 80 <a SOK Pepper, In bond
Cns&la in mats
do
30 ® SO)^
do Suma ra & SlDg*por9 17 & 18
The receipts at New York, and stock in first hands.
Feb. 59, were as foUows
Ginger, Race and Af gold)
10 et 11
Pimento, Jamaica. .. '.ga.di
• lO;^
Mace
125
lo
Cuba,
do
do
In
bond
®1 37s
P. Rico,
3 53<
Demerara,
Other
N.O. Nutmegs casks
•hhds.
97V{®1 OO
Cloves
<l
IIH*
'hhdB.
Uji
"hhtls.
•bhds
Imports this week.. ,
bbl.
i.on
do
cases Penang
do
>,,ua.... i
1
9>j@ 10
There
Is
1
;
I
'
I
.
.
I
I
'
1
I
I
I
I
.
I
I
.
•*
"
toek"In
2,IMB
\i.st\
26'.
514
1,083
1,091
nrtt hands
jijii
"
sanie time -71 "li*^
"
laiue lime '70 15,463
"'
97X3100
74
since Jan. t...,
aaiue lime 1871
*"*" * Molaeee.
1^4
645
u.ya
979
484
6,mi0
2,938
2,400
7 000
at leading porta aince Jan.
1
"!iF','*'
<'?'^l"<'lng Melado). and of Molasses
at the 'eaaing
leadlnc nor.i
f
,I2^.'°'*°''^'*^'<S2''^
ports
from
January 1, 187?, to date, have been as foUowa ;
-Boxes.1»73.
....
5«.t5:|
1.161
1871.
41,013
9.919
Ptalladelptals...
s,wa
ilJH
N«w York
Boston
gsltlmore
New Orleans...
1913
1872.
2.i.'r'9
1.C-.3
1.991
8,7 2
2,990
67,889
* loclBdlac tl*r««i
—
.
Sugar.
•Hhds.
— Molasses.
'
'-—-Bags.-
,
1871.
36,ill
4,402
1,704
7.iJ3
1812.
193.231
296,712
1871.
116.601
12,077
36,850
11,411
-•Hhds,
1872.
3.901
3,531
6,507
609
50
8«..33;
.«,71.)
4«,»;5
tad bureU redoeed to bhdi.
\nM
-.
13,Vil
iSii
14,712
2.902
4,10:
1,036
61
"^i
I
Fraita and Nnta.
•23,869
Ral8lnB,SeeaieBB,
do
do
Layer,
nw V frail,
V box.
1871,
6
6na6 76
2 5Ud.
'.«-»
io
Baitana,«i lb
Valencia,?! lb
do
London Layer
"..I.
Currants, new
Citron, Leghorn (new)
ih-unc8,
,
y
new
Dates
KigB.
„.,.
Smyr a
V»
»
hi. box.
fi
or, box,
.,.,,,.„
.«)
11
«.
14
35
t
J^s
9
a
10
1%
Apples, state
9X(3,
9\
6
*U
®
I* bos2
OOMKSTIO DKIRT) TliV
Western
do
do
do
is^ta 20
7X«
Southern,
prime
Peaches, pared
11>i
15jj
Blackberries
do
''XW
,
unpared,qrB&hlvr
Cherries, pitted
.,,.
PecanNuts
31
Hickory Nuts
7M
» tt
common
new
sliced,
2S
m
f4Ha 35
2ma n
1
....
V/l:.\-\z F.ttori»*flj:
ISK
Canton Giiriger. case
6 76 e9
Almonds, Langnedoc
19 &
do
Tarragona
17X®
""
do
Ivlca
_
do
Sicily, soft shell., 13X®
do
Shelled. =l.'lly... ?9 ®
r.
paper shftU..,.,,
do
29 pj
Sardines
Bardlnes
PraxllNnts
I
Barcelona
t>«aaa» .
®
12
Prunes, Turkish, old
do
Afrll(.n
Macaroni, Italian
best No
Mre Crack,
it,
French
do
I
U'.^
•• IIX
Filberts, Sicily
!
I6X
Vt,.
V
bush
CheBtnuti
do
Peanuts, Va,g'd to fnoy old
do
donew
do Wn.«'dtobestdO
1
«n
M
10 a
nua
1
%t
12M«
lis
80
9
•
75
«2
•V
s
II
11
SI
•X
00
....
a 00
t
S::to
3..00
26
m
. .
.
March
.
tht:
1872.]
2,
:
.
iil
BKOWN
Borkx
Sal SodK,
Hulphur
(Bng.)...
.
Kunuine
Cuk
.
iialtpttto
8
,
('opperns;...
.,
1M»
n
•tnf
SoAiM
Bp*oiil8»llt
..
...
.
«
•«•••<
Cittiinhur. In ))dU
C'Aiitlle
imitaliim
.?^
BOlll.
,.
I
M
U
Amoakcatf.,
do
do
Large
slxea.
'le».
U 4
I( ^
..
Paclflc
blue
Maaiiach'ttg O
Maaaaticalc
i^-t^H
18X
AnlUaea
Pad tic
\ P6plln Lnatrei..
a Alpaca LualrcB..
Ji Corded Alpacaa
\ IHohaIr Brocades
X Crapes
H Btarrll/. tloth..
X Hnlincs and ttrip-
X Armnrea
BLEACIIKD KnVKTIXea
A HHlRTINOff.
PniDiT,
r. M..
Ainoakeag.
ilo
March
IX
A. 8«
do
l(r,a.
1,
16)ii
We have a fair improvement to not© in the dry gootU trade AudroHCOgCl" I<
86
during; the past week, especially in the jobblnp movement. Lar^e Bartlolta... 3A
do
.... 33
coming
into
the
market
in
conBiilerbeen
Western buyers have
do
... 31
45
ablo luimbors, and the demmd for domeFtics has become very Bates
do XX.. 3«
do BB... 96
BCtiv*.
A good many full packages are selling, in addition to a
do B... 88
fair piece goods trade, making the aggregate fully equal to that
Blackstono
AA
an
usual at this period of the season. Salesmen who have been on
Boott B....
extended tours throughout the Weet and are just returning,
do C... 88
do O.... 30
bring in a large number o< orders and place liberal amounts of KllertonWSSG
Fruit
of the
There is more basiness doing with the far West than is
jfoods.
oom
30
usual ju.st at this period, this demand usually being supplied Gr't Palls Q 36
do
S
31
Some Salt Lake trade has been in the market
earlier in the year.
do
A .38
do
H 32
during the month, and the buyers |from that section have, as tlie
Lonsdale... .%
rule, uurchased very liberally. There is still some demand from
do Camliric 36
N. Y. Mills 36
California, though that section is already pretty well supplied, and Pepperell
6-4
do ..
7-4
now only purchases moderate lots to maintain well assorted stocks.
do ..
8-4
The retail movement here has opened with more activity, all of
do ..
9-1
13X
.
.
do
do
the leading retail houses having held their usual spring " open-
ings
durin- the week.
'
brisk as yet, but there
ment
looked
is
is
The movement has not become very
something doing/and an early improve-
for.
—
Domestic Cotton Goods. There are ffew notable features In
connection with the cotton goods trade this week, beyond an improved demand for staple fabrics and a general steady maintenance of quotations at full former figures. The market is strong
on all fabrics, and the tendency is still, in many instances, toward
higher rates. Prints are selling freely in light colorings, and an
advance is talked of as likely to occur early in the season.
Printers find the present rates unremune/ative, but are reluctant
to put up prices until trade is wiell under way, as their experience in past seasons has taught them that an advance at the
beginning of a season usually proves an interruption to trade.
There seems to be no immediate prospect of a further advance in
other classes of goods, but the present rates are very firm, and are
Poccassct
Utlca
F
Amoskeag
.
C.
Cordis
AAA..
do
do
do
do
do
do
do
83
22
30
Eflston
A
do
B
.
2.
3.
4.
5.
6.
7.
...
16
143i-15
I8Ji-14
Quaker City
Henfrew
Union
Lewiston
do
B
80
Hamilton...
STRIPES.
11
Albany
Algodoa
American
I3X
12X
-32V
36
-g
IX
Via
12-13
19-20
19
Amoskeag
Arkwrlght
Easton
....
Amoskeag
16
14
C.
do
do
do
do
do
!
I
Park, No.
60..
11..
8..
11..
15..
60.
70.
I
13
I
asking prices are firmly adhered to, no concessions being offered
Fine and medium grades of fancy cassimeres in
efiFect sales.
light weights are taken in moderate amounts by buyers for cur
rent distribution. Flannels are selling moderately in all grades
There is a comparatively small supply of all grades in the
market, and the recently advanced prices are firmly sust lined.
to
Harmony
Manchester
...
lOtisAXA
do BB
9
Manville
9
Pequot
9
Red Cross
9j4
doCC
I
J......—
^
25-1 45
2 0O-2 20
1
00
Hemp, plain, 33 in
do ez plain, 3S in
33
20
22-23
20-81
17-18
62>'
6IS
30
15
20
10
UX
CORSET JEANS.
I
Victory H,.^..
Crosslev* Son's
Hartford Carpet Co
Extra 3 ply
1
Imperial 8-pIy.. 1
Superflne
1
Med. super
1
Bo<ly Brus5fra. 1
do
4 do 1
do
3 do 2
—
I
35
Eng. Brussels.
lix
13X
I
70
UX
10>f-ll
I
Sterling
11
20
I
65-87X
.
26
15
I
40
Hadlev
Holvoke
Velvet, J. CroSBIcy
&,
Son's
best
S 60
do do A >o 1
1 45
Tap Brussels.
25
I
45
70
40
Samoasct
Green & Dan-
CARPETS.
KX
I
70
70
iels
17
19
11
I
I
23
27X
lix Arlington
11^ Bedford
Mourning. 11
Boston
Domestic Woolem Goods.— There is but little activity in Simpson
do black & orange II
Beaver Cr, AA
any class of woolen goods, and the market shows no material im- Sprapue's fancies.. IIX Chester D'k B
Hamilton
ll>i Everett
provement over that of a few preceding wenks. There is a
GLAZED CAMBRICS.
Haymaker Bro
OJf Hamilton
stronger feeling in the market on the part of holders, and the Amoskeag
Garner
Clark's. Geo. A.
16
W
70
70
Coafa
Wlllimantic, «
cord
do 6 cord.
32
I
& P.
& Co
12X
11
|
8X-3
.11X-13X
do
B. .UX-liX
Stark A A ...
17
do bleached.
18
SPOOL COTTON.
Clark. .Tobn, Jr.
86X
lljf
do
do
mourning. lOX
do
Lodl
II
do
90..
Manchester
lix
do
100..
McrrlmacDdk
DENISS.
\1X
do
pk and pur. 13 lAlbany
do Shirting... 11
Amoskeag
Richmond's
UX-iiX
D.
Brooks, per doz.
200 ids ....
I
Gloucester
~
.13X-14K
P.
J.
14
CHECKS.
i
N'....14>i-15X
A
19-20
,'
11
do
do
do
do
H-llX
Calcdo;iia, 70.
Bedford
Cocheco
Garner & Co
U
A1I£RICAN CRASH.
Brown nvd Bleached.
Stevens, NN...15X-16X
Haymaker
do
Price.
ll>f
10
8>i
12
14
11
1»><
IS
Hamilton.
Whittenton A.
do
BB.
I
PKINTB.
American
MX
Park Mill*
Peabodv
.15
do
36
do Nonp ..
20
do
9-4
65
do
10^
60
do ... ,35
18
do heavy 38
19
Wamsutta.. 45
27
do .... 40X
25
do .... 36
20
do XX 36 1 9^-20
US
11
11
14
11
Xamaske
KX
A
16
18
Uit
U)t
nji-is
40
45
50
00
00
00
00
00
Manchester
I
.
M
00
Gloucester
Hartford
I^ncaster
14
99
233; -24
SflK-«l
ACK..
No.
No.
No.
No.
No.
No.
00
00
Downrifbt
Glasgow
18,'i-20
18
D..
85
86
17
is
40
47
55
38
60
Bates
Caledonia
»%-it
B..
M
84
do C 3 hush
nOMESTIC GINGUAXS.
TICKINGS.
13>^
18
Pacific
well sustained.
Cretonne 15
Le..l5-16X
do doOrg'dle«.:6X-!W
&.C.
Amoak'g ACA.
31
do
A.. 24K-25
14^
33
6-4
6-4
23X
do B
do C
StarkA
do
do
do
jj^
ic higher.
Great Falla A.
Kclley
Lewiston
Ontario A
40
26
Pacific Percales
jj
18
Sons..
American
Pacific 14.00
18
17
&
BAOS.
4-1 Pacific
na
10-4
11-4
..
Warren
High culora
22X-25
face Pop-
LAWNS, FmCAI-Ba,
14X
.
Vt
pArrii CAaikicf.
AmoikMb;
Steel Lustres
1«
18
14
lS>i
I
DonWc
S. S.
97)tf
lins
laji
19
19
16
14
.<?«
Alpacaa
.
Lonsdale
22;^
S2>i
ed Satiiies
6-4
6-4
NiuokaM..^
10
10
20
23;f
.
M
Imp
Imp
Ilallnwcll
Ind. Uri :h.
Ijiconla
n
u
Repps
Iinp«r1al
Pnpperell
8tark A
THE DRY GOODS TRADE.
CiiBoe Hl»rr..
Printed Alpacaa.»-av
.
...
...
RerkUy
it
»i
II
.
do
nt
AndT«Me«K*B
Batea
rABRlca.
PUlda
do
MIxtnrm..
15-15X
Japaneac Htrlpes.
Iluinllton
KoUl 1 (M
1 ona
Kold. 88 ^ 105
I in
CordiKc. Manila, KianilK. :8t<* 1>
ManlU
ilo
t %\
.
>
11
UkUku, Mndra*
UELAIKKa ANR wniuTBD
Price
15 in)i
Ajiplcton
Xi
88
:
.
299
URILI.fl.
Widlli.
IS
So<U
Carl),
...
huuniolk
(
Orocers' nrnsa nnd Niindrlra.
ATtim
:
.
.
I
UX
Amoskeag
IMPORTATIONS OF BRY OOODS AT THE PORT OF
NEW YORK.
Heavy purchases were made by some firms in December, and the
The importations of dry goods at this port for the week ending
goods held since then have paid a handsome j)rofit in advances.
Feb. 29, 1872, and the corresponding weeks of 1871 and 1870
FOKEIGN Goods.— The general trade in imported goods has
have been as follows
improved materially during the week, and the movement at the
ENTERED TOR CONSUMPTION POR THE WEEK EIlDmo FEB 29, 1872.
close is liberal. Dress goods are wanted in all spring styles,
and
-,
1870
1871—^
1871
the
,
,
,
,
leading styles are selling freely at prices paying a fair profit,
Pkgs Value.
Pkcs. Value.
Pkgs. Value.
of wool
1,770
$727,607
2.368 $1,047,393
3,846 $1,607,159
though not materially higher than those current last season. Manufactures
do
cotton
2,208
638.739
2,880
810.601
.3.996
l.iI7.5TJ
silk
do
881
Linens have moved with fair freedom in the regular channels of
6«),074
1.421
1, '80.370
1, 128,686
1,730
do
(lax
1,718
3t<R,550
1,6.32
370.(B9
2.487
609,970
trade and through the auction houses. Ribbons and millinery Miscellaneous dry goods. 3 231
237,721
1,638
349,191
2.305
636,046
goods have not sold very freely as yet, but the demand is imTotal-.
9,808 $2,711,68!
9,889 $.1,705,932
18,761 $.\5S1.I17
proving and prices rule very firm. Dress silks are fairly active WITHDRAWN
FROM WAREHOUSE AND THROWN INTO THE MARKET DURINO TBB
and rule firm.
SAME PERIOD,
We annex a few particulars of leading articles of domestic Manufactures of wool
800
$29'>,691
945
$350,1)06
890
$873,6(8
, .
manufacture, our prices quoted being those of leading Jobbers
BROW!< SHEETINOg AND
Width
Agawam P.
AmoakeagA
do.
12X
U}^
15
13
do D...
do U
Appleton A.
do
N.
Augusta....,
Bedford H... 80
Boon
S
W....
17
do
Y..
32
do
Z. .. 36
Indian Bead. 4-4
34
40
4S
CfJQBMIrtlr'ia^
«..-.
«
.
.
do
.48
Ind'n Orchard
A
40
do
C
do BB
do
13X LaconiaO...
WX
do
B.
n
do
E...
iiX\ Lawrence A
do
D.,
do
XX
lo
th,
1I,V
IS
12
.
do
do
Price.
B.
MUktte A
-
Contlnntal C. 3«
UwiRhtX.
SHIRTINGS.
W
.
.
-
14
UX
11
18
16
SO
37
14X
ISX
30
39
12)^
ll!i
13
m
37
86
12-«f
n
8ti
liX
.36
14
an
3d
KX
Lawrence .1
40
do
Y. 3«
Nashua floe O 88
do
.36
.
do
E..
W
Pepperell..
do
do
do
do
do
do
Utlca
...
..
.
.
.
.
40
48
7-4
8-4
9-4
10-4
... .11
cotton..
Bilk
699
184
691
ia3,046
171,496
163.09S
511
.36,1(0
1.88S
ent'd for consnmpt'n. 9,808
S848[,188
2,711,681
Bai
MiscellaneoRB dry goods.
15
tax
..Total^...
13
Add
665
169.023
!27
145.ti08
664
I63..37I
3,.3S2
41.661
4/m
$84(K1M)
9,889
3,706,^
760
267
754
4,441
19^8:4
8«.6f0
]8«.5I<
4*,»*
7.1H $1,118,710
13,764
5,S6I.117
16
.Totalthrownuponm'rk'tl2,693 $3.5W,969
21
30,
Manufactures of wool
do
cotton
do
silk
.35
40
45
60
30
18
14,622 $4,546,801
80,876 t6,ST7,8!.7
ENTERED FOR WABEHOUSINII DURINQ »AM« PIRIOD.
32V
4
do
1(M
do .t-.~;,Wl4,
do line Non IB^
do
do
do
do
1,411
1,108
.
flax
Miscellaneous dry goods.
$64'<,Tn3
aii.Sfii
390
4.'n,9n
1,888
•I!
167,1M
(8,181
5TX
60
20
,
Total
1.812
$563,159
Add ent'd for consampfn. 9,808
2,711,881
s.oeo $i,7«T,i!i<
U,7I>4
\S51.:i7
J
'
ToMI entered
at the port 11,«W $8,374,840
l«,19f $4,V7«,60«
]8,:«4 tT,»m,<01
Dry
Oommercial Cat da.
TIPHXK
OABOT.
>ew York.
BAT,
Wll.
(
&
BwWLES
Cabot,
J.
Co.
S.
&
6:.
AND
Ijlnseed)
Otis
Bulls,
Jate.
AND GENERAL MEKCHANDISE.
Bagr,
&
ContlneQlal
Warren Cotton
B.
Bonded Warehouse
&
237
SOUTH
HIllls.,
RIUls,
MannfacturefB and Dealers In
Insurance at Loirest Rates.
COTTONS MLDUCK
Everett & Co.,
And all kinds ol
COTTON CANVAS. FELTING DUCK, CAR COVElf
INO. B AOOINO. ftAVKNS DtTCK, SAIL TWfNES
SKAMLi SB BAGS,
&C. " ONTARIO
AUOnSTINB IIEAHD
Alao,
AgePM
WldthB and Colors always
stock
I
Co.,
Reynolds
S4I.ERATIJS.
Ho. II Old Slip,
Brothers,
NORFOLK, VIRGINIA,
SODA, &C.,
CAIIIi.
New Vork.
FBOH
BOBTOIf.
Saturday, March
"
.
2.
Saturday. March*
SIBKRIA
PARTHIA
liATAVIA
SAMARIA
And rve'y following Saturday.
RATES OF PASSAGE.— Cabin,
For
H.
coramssioN niEBCHANT^
NEW TORK.
Represented by
Saturday, March I«.
taturday, March 28.
Satnrday, March
»80, »100,
30.
.
.,„
and H»0,
FULKERSON,
S.
CORNER MULBERRY AND WASH INGTON
VICKSBURO, MISS.
KLEIN,
STS.
WESTERS
THE LIVERPOOL AND GREAT
one of their nrtt
STEAM COMPANY will dispatch
steamships from
foUpower Iron screw
PIER No. 46 NORTH RIVBR, EVERY WEDKEBDAT
class
Cashier, Mississippi Valley
Bank, Vlcbsburg.
BAHIA.
Liverpool,
(Via queenstown,)
CARRYING THE UNITED STATES HAIL&.
COTTON BROKER,
Uefer to G. M.
BOROTT & BOHriHAN,
PALMYRA
Dny Cotton, Grain. Ac, on Commtaalon.
Bowman & Co.,
39 Broadnray,
18.
Wednesday. March 20.
Wedneaday, March 27.
Wednesday, April 3.
And every following Wednesday and Saturday.
ABYSSINIA
CUBA
ALGERIA
&
MANCFACTIlKhRS OF
SUPER
Wednesd-xy, March
C^TlNA
and fur Mediterranean ports.
For freight and cabin passage apply at the Companv's office. No. i Bowling Green. For steerage
passage, at ill Broadway, Trinity Building.
CHAg\G. FKANCKLYN, Agent.
In
15 Llspebard Street.
chaDdlze..
D wight &
Line.
Cotton and Sonthem Cards.
all
&
13
drancea made on coni*lKnTncnte of approved mer
John
CuNARD
THE BRITISH AND NORTH AMERICAN ROYAL
MAIL RTEAMSHIPS,
BETWEEN NEW TORK »ND LIVERPOOL,
CALLING AT CORK HARBOR.
rSOH NEW TORK.
Wednesday, March ».
CALABRIA
fold, according to accommodation.
$15 gold additional
Icketsto Paris
Return tickets on favorable terms.
$30 currency.
Steerage
Steeracp tickets Irora Liverpool and Queenstown,
and all parts of Earopc at lowest rates.
Through bills of lading given for Belfast, Glasgow.
Havre, Antwerp and other ports on the Continent,
Alalleupply
or CUINA AND JAPAN.
/
STRIPES.''
United Stales Bunting Companr.
A CO..
India, Australia,
Excursion tickets granted at lowest rates.
Drafts from £1 upwards.
For Inspection of plans and other InformatloULapp'
5?.'
at the Company's omces. No. 19 Broadway, New yorr
J. H. SPARKS, Agent.
'
AWNING
"
Hamburg, Norway, Sweden,
Paris,
&
Of evtry deacrlptlon.
66 State Street, Boston^
A08NT8 FOR
SAFETY, SPEED AND COMFORT.
China, etc.
Polhemus,
BONDED OOOD
«n<l
comhlnlng
In mldshlpsectlon.whereleastmotionlBfelt. Burgeons
and stewardesses accompany these steamers.
RATES— Saloon, »80 gold. Steerage, (30 currency.
Those wishing to send for friends from the Old Country can now obtain steerage prepaid certificates, |S3
currency.
Passengers booked to or from all parts of America,
Storage for
TEAS, MATTING, LIQUORS,
p. each.
Saloons, statp-rooms, smoking-room, and bath-rooma
Co.,
NEW YORK. Brinckerhoff, Turner
ST,
tons burden—3,000 ti.
New York on SATURDAYS, from
THURSDAYS, and Cork harbor the day
from
the White Star Dock, Pavonla Ferry, Jersey City.
Passenger accomnKtdatlons (for all claases) nnri-
vailed,
Laconla Co.,
Boston Duck Co.,
Franklin Co.,
Ttaorndlke Co.,
Cordis nuis.
Mobiwood.
:
THE WORLD.
IN
From
Columbia mfjc. Co.,
Androscoggin mills,
BOSTON.
William
6,000
Sailing
Liverpool on
following.
Bates Mfi. Co.,
Antboht S. Sntd»k.
Edward N. Sntdbr.
Snyder, Son
236
THE SIX LARGEST
REPUBLIC,
OCEANIC,
CELTIC,
ADRIATIC.
BALTIC,
ATLANTIC,
Company.
NEW TORK,
ISl Front Street,
16 Hllbr St.,
S.
NEW YORK. CORK AND LIVERPOOL.
NEW AND FDLL-POWERED STEAMSHIPS.
Pepperell nUg. Co.,
Canny Clotb,
IKiT.
"OSTON.
rHILADELPHIA.
AOBNrS FOR
IN
EcUbilsbed
NEW YORK.
Chc.tnnt atrcet
BROKEKS
1872.
Wright^Co.,
E.
Franklin street
541
2,
Transportation.
Goods.
M & 91 Franklin street
commssioN ihkrchants
U.
[March
THE CHRONICLE.
300
as follows
Walsh, Smith,
Crawford
S8 Wall Street,
Young
A.
R.
&
Co.,
Bro.,
COTTON & TOBACCO BROKERS,
NEW YORK.
Petersburg, Va.
&
WISC0N-8IN,Capt. T. W. Freeman. M»r.
NEVADA. Cartaln Forsyth
WTi "MING, Cant. Whineray
MINNESOTA, Cant. Morgan
.^.
IDAHO, Cant. Price
H"'
Mar.
6,
at
2K P.M
M
o'S
P.M
!!•
°^.
a), at i*<
M»r. 27 at 2H P.M
;April 8 at 2H P.M.
Capt. J. B. Price ..April 10 at 2K P.M.
MANHATTAN,
Cabin passage, 180 gold.
,
.«,
Steerage passage, (Office No. 2» Broadway) MO cor.
^
Crawford, Walsh,
Davis & Freret,
REAIi ESTATE BROKERS,
Smith & Co.,
AND GENERAL LAND AGENTS
COMMISSION MERCHANTS,
Mobile, Ala.ll
For the SUies
BIPPI,
Stephen
NO. 8T
P. O.
Box No.
Higginson
xes, collecting rents, etc.
Representing
&
Arents
'
TOtJSO.
Young,
DEALERS
»
NEW
Prodiee.
lioans Neco tlated.
Notw
onda and Coopona;
;
outh Carolina
»ii.
It
oomiit
Borden
vlitj Oii-
State, City ft Itsllroad ttioeks
t^* Collections made
in
all
and remitted
rata oi
parts of this state
tor
L. K.
LOVXLL.
Borden & Lovell,
conmi ssioN jhebchants
AND
R R T,
AUUUBTA, OA
Ronthern Seenrltlea ol every deserlBtltn,
WH. BOBDXH.
siitf
on day ol collwv
Maw Tsrk Hi-tiimitgt.
Mining
cnnBBRLAND
First Class
Steerage
TO
BAN FRANCISCO,
......
-
-
-
(1S5 to $150
f60
According to location of berth
These rates include berths, board, and al neces
rles for the trip.
CHANGE OF SAILING DAYS.
Steamers of the above line leave PIER No. 42 NORTH
lelVKR, foot of Canal Street, at 12 o'clock, noon.
IStta
and SOtb of Eaeli noMth
fall
on Sunday, then the day
previous.
Co.'s
COALS,
AND
TO
Qi^'
except when thoae days
FALL RIVER IRON WORKS
Nails,
Through fareb—new YOK
On
General Agents.
C U
I
ALLAN LINE
LIVERPOOL
STEARIERS.
NORFOLK, Va.
IN
STREET.
EXCHANGE BANK
To
and japan.
Particular attention given to the purchase of Sontbern
SOUTHERN AND
niSCBLLANEOUS lECCRITIBS,
No.
I
THROUGH LINB
California & China,
AGENT
CHAB. TnoBEL, ft ") Tokohima
CLARKE. ^PENiK & CO'..Gane^ Colombo
lALBMT
COMPANY 8
PACIFIC MAIL BTBAMBHIP
William Lamb,
NEW YORK
Meawa. DUMMLF.R & CO.. Batavia and Padanir
'
-
urrent Bank
LOUISIANA, TEXAS, IHSSIS-
ALABAMA. *c.
CHARU)S bT., NEW ORLEANS,
BEAVER STREET.
4,M0.
G.
ol
WILLLAMS & OUION. No. «8 WalKt.
ST.
LA.
Prompt attention given to buving, selling and Igasng of plantations and other real estate, paying of
85
*f or freight or cabin passage apply to
CO.'S
Bauds, Hoops and Rods,
atid 11 WEST ST., Kew Tork.
tree to each adnit
Medicine and attendance ttee. „.„„„„„„ ,
Departure ol 19th touches at KINGSTON, Ja.
Steamer will leave San Francisco 1st every montll for
Clilnajind Japan.
....
For freight or paasaee tickets, and all further Inlor^
One hundred pounds bagfrage
mailon, spply at the Company's ticket office on the
wh.rf.fco<.fCa.als.^^
R. BA.T,
Ag^UM
.
Marob
:
:
OrnCB OF THB
Insurance
New Tore, Jgnnary
......
$8,000,000
$5,000,000
Net Asset*
98tb, 187S.
Its
aSklrs on the 31st December, 1871
Premiums received on Marine Risks,
1st Januar;, 1871, to Slst December, 1871
$S,411J,Tr7 51
Premiums on Policies not marked off
2,033,678 18
1st January, 1871
from
Total amount of Marine Premiums.
.
t7,446,4fij 69
been issued upon Life
Risks nor upon Fire Risks disconnected with Marine Risks.
Premiums marked Off from 1st January,
1871, to 31st December, 1871
$5,376,793
Springfield
FIRE AND niARINE INSURANCE
COMPANY.
INCORPORATED
-..•.-
Net Asset*
JAS. A.
PECK,
A. A.
Returns of Premiums
A Expenses. $973,31184
ALEXANDER,
Asent.
Klanaeer.
the following Assets, viz.
United States and SUte of New Tork
Stock, City, Bank and other stocks.. $8,143,340
Loans secured by Stocks and otherwise 3,379,060
Real Estate and Bonds and Mortgages.
317,600
Interest, and sundry notes and claims
due the Company, estimated at
386,739
Premium Notes and Bills Receivable. 3,405,937
Cash in Bank
374,345
.
Mercantile
00
00
00
Mutual Insurance Co.,
41
NEW
95
01
$14,606,813 37
YORK,
January
26, 1872.
THE FOLLOWING STATEMENT OF THE
Company
published in conformity
with the provisions of the Charter
Premliims on outstaudlng risks December
affairs of the
Total amount of Aaeeto
UrALL STREET.
NO. 3S
is
;
ending Slst December, 1871, for which certificates
will be issued on and after Tuesday tbe Second of
April next.
By order
of tbe Board,
H. OHAPniAN,
J.
Secretary.
Total prfmlums
Premiums marked off as earnetLdurlng tbe
^.
yearlSTl
11.790,231 14
»l,3(B,74i 46
Paid Losses, Exptuses,
KeinsursDce, Cutumla|l,2UU,5(ig Uj
siou.aud Interest
^,285 Ot
Returns uf Preiulums
Kebatemeuts on Premiums received
.
The
A Bsets of the
(ember.
1871,
.
C mpauy on
were as
lol
Uultucl States, ^tale, Baui£
the Slst Ce-
W. H. H.
Joseph Qaillard,
Henry
Wm.
Colt,
C. PickersgUl,
Lewis
Jr.,
Hand,
James Low,
B. J. Howland,
Benjamin Babcock,
C. A.
Moore,
Robt. B. Miuturu,
Curtis,
Charles H. RuaseU,
Gordon W. Burnbam,
Lowell Holbrook,
Frederick Chauncey,
George S. Stephenson,
William H. Webb,
Warren Weston,
Royal Phelps,
Oaleb Barsrow,
Sbrppard Qandy,
A. P. PUlot,
WUlUm E. Dodge,
David Lane,
Francis Skiddy,
Charles P. Burdett,
Rob't. C. Fergusson,
James Bryce,
William B. Bunker,
Daniel S. Miller,
Samuel L. Mitchell,
James O. De Forest,
Robert L. Stuart,
R.
Wm.
Sturgls,
Henry K. Begert.
Dea&is Perkins,
other stocks.
|489,TJU UU
41,69U 66
8,831 ia
Dividends declared but not collected
Bills receivable and premiums uncollected
Security Notes
Scrip, Salvrtgrs and all otuer claims due
649,930 88
!IOU,(XW(W
Company
116,666 34
f 1,635,749
By direction
of the Trustees.THRBIf
JAMES F^EKLANI>,
SAMUEL WILLhTS,
KOBEKT L. TAYLOK,
WILLIAM T. h KoST,
WiLLIAM WATT,
JAMES II. FISH,
ELLWOOi) WALTER,
U. COLUENMUltBAV,
TOW SEND bCUDDtU,
SAMUEL L. HAM,
BBVCE GKAV,
N L. McCuEADY,
WILLIAM NELSON, JB.,
HAKOLU DOLL.nEB,
•
JOS. WILLETS,
l«n.
tSS7,8a oe
JONES, President,
CHARLES DENNIS, Vice-Pres't,
W. H. H. MOORE, id Vlce-Pres't,
HEWLETT, 3d Vlce-Pres't
9W,SIXI 00
303,919 98
Subscription Notes, (o'' which
1179,^ 75 are not yet used) .... 488,300 75
Bills
Receivable, Uncollected
Premiums and Salvages
317,069 SO
Accrued Interest and Unsettled
19,2«9 80
884,809 94
$1,036,652 54
.
The Board of Trustees have resolved to pay Six
per cent Interest on the outstanding Scrip Certiflcates, to the holders thereof, or their legal representatives, on or after tbe Ist March next.
After allowiug for probable losses in the case of
vessels out of time, and unsettled claims, they have
also (in addition to a bonus of Ten per cent already
paid in cash on the Subscriptioa Notes), resolved to
return to the Dealers entitled to the same. Ten per
cent on the net amount of Earned Premiums of the
year ending 31st December, 1871, for which Certificates will be issued ou or after the 3d April next.
The Trustees have further resolved, that after reserving over One Million of Dollars Profits, Fifty
per cent of the outstanding Certificates of the Company of the issue of 1850, be redeemed and paid to
the nolders thereof, or their legal representatives.
on or after 1st of March next, from which date tbe
interest ou the said Fifty per cent will cease. The
Certifleatcs to be uroduced at the time of payment,
and cancelled to tne above extent
By order of the Board.
CHARLES IRVING,
Secretary.
TRUSTEES.
Joseph Gaillard,
George Mosle,
Leopold Bierwirth,
Jr.,
Simon de Visser,
John S. Williams,
Alexander M. Lawrenos,
Edward F. Davison,
A. Le MoynOv Jr.,
E. H. R Lyman,
Henry R. Kunhardt,
John Auchincloss,
Fred'k O. Foster,
Jahn D. Dii,
Charles Munzinger,
Louis Jay,
Lawrence Wells,
Francis Cottenet,
Charles Luling,
Alei'r Hamilton, Jr.,
F.
James Brown,
N. D. Carlille,
Theodore Fachlrl,
Thomae,
C. L. F. Rose,
8. Wilson,
Wm.
Carl L. Recknagel,
W. P. Gary, Jr.,
Cornelius K. Sutton,
F. Cousinery,
Gustav Schwab,
Ucorve U. Morgas.
Edward Haight,
EIJGRNE DCTILH, President,
AI.FRED OGDEN, Vlce>Pres>t.
CHARLES IRVING,
Secretary.
AND ONE
Merchants
im/TVAI.
HARINE INSCTRANOB CO.
OF SAN FRANCISCO,
OFFICE, No.
A. FOSTEU HI00IN8,
FKANCIS llATUAWAr,
AAliON L. KEID,
JOHN V. HOOD,
GEO. W, HKvMNOS,
HENKV EVHE,
JOStru SLAUU,
EDWAKD MEUKITT,
DANIEL T. WILLETS,
L. eDGEKTON,
HENKV 1). KUNRAKDT,
JOH ^ S.WILLIAMS.
CHaBLES DIMON,
PAUL N. SPOKKOBD,
JAMES DOUGLAS.
Assets,
60
WALL
...••.
o
Cal.
STREET.
$800,000, Gold.
No Fire Risks Disconnected with Marine Taken bjr this Companr.
Thl« Company issues Policies on Vessels, Frelghtt,
and carftoes, at current rates.
Losses paysble in New 1 ork, London, or San Fran*
olsro, at the option of the Asi^ureil.
J. B. 8COTCULKK. Prts., .1 ABKS HOWES, Vlce-Pres.
K. W. B'a:nN;-:,Se rctsry.
Messrs.
MUliTOK, ROSE &
CO.. Bankers In London.
SUTTON
tc
CO., AceBl*.
UliLVrOOD IVALTER,
t-re*ldent,
ARCHD. G. nONTCOnERY, Jr.,
VIce-Presldeut.
AI.ANSON
C. J.
W2dHS-CERIAN,
VlcoPresldent.
DESPAICD,
Hecretarir.
o^^onaon ant/ (Mf/not^ry^.
^a^Ua/' Coln/fGOOaOOa
Imperial
FIRE INSURANCE COHPANY
D.
J. D.
DECEMBER,
67-
HALF PUil CENT INTEKESi lor tbe six moutJiS
ending 3Ut ult. will be paid to tbe Stockholders, on
and after .MONI>.^¥. tbe 5th ol' l<'ebruary next, at
which time fifty i»er cent of the security notes will be
reduced, and tbe Interest tbereou cease.
Alexander V. Blake,
Charles D. Leverich,
J.
Slst
Banks
in
George
Loans on stacks
Casb iu bank auil with Bankers
lUe
|164,>24 68
ows
A,
W
""""
Return
United States Stock
Stocks of States, and Corporations and Loans on demand
1,530,2S!3 49
31, 1(171
TRUSTEES.
TRUSTEES.
D. Jones,
Charles Dennis,
ft
ASSETS
Cub
»239,9»795
31,1B70
December
tl,4«8,»a
10
Losses and Expenses..K1234* SB
Preittlums receiveU during year ending
Six per cent interest on the outstanding certificates of profits will be paid to tbe holders thereof,
or their legal representatives, on and after Tuesday
the Sixth of February next.
The outstanding certificates of the issue of 1868,
will be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesday
tbe Sixth of February next, from which date all
Interest thereon will cease. The certificates to be
produced at the time of payment, and cancelled
Upon certificates which were issued (in red scrip)
for gold premiums such payment of interest and
redemption will be in gold
A Dividend of Forty Per Cent is declared on the
net earned premiums of the Company, for tbe year
M
M
|I14,3M
.
Total premiums
Earned premiums of the year. .1,14«,788
Accounts
OFFICE OF THE
The Cempauy has
.
1871
Total amount of Assets..
$2,735,960 63
1,187,347
Premiums unearned Slst December, 1870.
Premiums received during the year end-
$300,000
Losses paid daring tbe
period.
lished In cenformity with the provisions of Its
$l,113jMS 00
Co.,
OF PROVIDENCE, R. I.
ORGANIZED NOVEMBER, 1871.
--••--
187*.
Charter
184>.
Newport Insurance
M
ToKK, 80th January,
Premluais. $228,735 t8
$500,000 00
$000,105 75
Caeb Capital
Casb Capital
same
Nsw
Co.
The following STATEMENT of the aSkIrs of this
Company on tbe Slst day of December, 1871, Is pub-
Reinsurance
naes.
Sprlncfleld,
policies have
;
Insurance
lug Slst December,
in conromiity to the Charter of the
Compaojr, submit the (oUowiBg Statement of
ORIENT
Mutual
JEtna Insurance Comp'y,
Co.
HARTFORD Coan.
INCORPORATEO lilS.
Caab Capital
jito
Xunirano*.
OFFICE OF THB
Fire Insurance Agency,
No. 63 UrALL ST., New York.
ATLANTIC
The Trustee),
301
Inraranoe.
Inanranoe,
Mutual
:
THE CHRONICLR
1872J
2,
:
:
.
.
MC
Aasetc
•
•
.
LONDO.V.
.
$8,04)0,000, Cold
CHIEF OFFICE IN THE
OS 40 aod.43 '^Uie Street,
U. H.
New
York.
1841. S. Davis, Jr.'s 1841.
CELEBRATED "DIA.MOKD"
^'f^
HAMS,
Edward W.
brunUlsnow
In its riiirlvflrel,
N. Y.
AND
18T2.
ultentlon giieii to all InquiHes.
nacriptireand lilunlrnMl priced Catalog ties Kent prepaid on receipt (if utampn, a-ijotlowe :
Prompt
So. 1— Frulls, 10c. No. 2— Ornamental Trees,
No. e—Oreen-houne, lOe. No. 4— Wholesale, Free.
ELLWANGER
Hope
.Mount
Nurseries,
KOCHESTER,
N, T.
Financial.
&
R. T. Wilson
Co.,
BAHKERB AND CO-^r^^lSSIOS MERCHANTS
44 BROAD STREET.
Liberal cash advances made on consignments ot
Cotton and Tobacco to our address also to our irienda
la Liverpool and London.
;
Securities, Gold, Stocks
OoTernment
Bought
Accounts received and luterest allowed on balances
may be cheeked tor at sight.
wlilch
&
Gibson, Casanova
BANKERS
'
M EXCHANGE
STOCKS, BONUS,
Co.
Rails
Steel
Specialty.
o
—
UNUSUAL INDCCEMENfS
and to ensure safety and despatch In
shipments of the above.
Below we furnish a briel statement of onr business
lor the past ten years.
to the trade,
During tUat time -we have shipped
not less than 1,300 Locomotives val>
ued at $13,000 each - • $1S, 600,000
12,000 Cars,average value
at $1,000 each • • . • $12,000,000
90.000 tons Steel Rails, at
. . .
$110 per ton
9,900,000
50,000 tons Iron Balls, at
.
proper ton
3,500,000
•
$41,000,000
The coming year we thall extend our business, and
with increased facilities lor transacting the same, we
invite the attention of the traae, and partlouUrly
solicit shipmenu of RAILROAD IRON.
JAMES A. GOTTINGHAn,
104 West, corner Liberty Street,
NEW TOBK.
,
Railroads.
—
Cubbedge
The subscriber
locate,
&
laACON: GA.
>>'
and do a General Banking anj
Brbkerago Business.
Ucllectiona
mrBK TO KA8T JUTBB NATIONAL BANK.
and forms of contract, for proposed
and other engineering work.
examine and make reports of cost and
probable earnings of proposed roads, or of those
also
graded and bridged, or In operation In any of the
Western States. Having had twenty-flve years' experience in the construction and actual operation of
railroads, chiefly in the
&
Co.,
STOCK BBOKBVS,!
H.Wtn
>-ew York.
street
Stocks and Bonds
BOUGHT AKD SOLD ON
A. DKSIS'K WILLIAMS.
Member
of the
H. York Stock
,
M. awjtsaoir.
Exchang>'.
Memher or the
Mei
N. rork fwock Eicbansa.
W. M. rKKliOH.
SwENSoN, Perkins
80 Wall Street
t>.
L.
kbb:?iov.
& Co.,
New York.
Perkins, Swenson
& Co.^
New Ofl«»^
Bxohange sold on Texas and LgultlMI, CoUtsUABI
...»i»v».
alt OB ill »«ce»rtble ()»to»,
accurate information to partlea contemplating the
Investment of capital either in the stocks or aecorlties
which
l»
S
ol'S? a*
a».»H
foIIoix'inK
Assets.
^^
PremUm Wote** Bills Roccivabla
ItoilKJS
^
H
advance of
ss.cooeo
Re-Insurance and Claims due the
Company, estlnia ed at
U.Wi
40
»1,063,647J»
SIX PER CENT INTEREST on the outstanding
Cerilllcates of Profits, will be paia 10 the holders
thereof.or ihcir legal reprcBentalivfS, on and alter
TTESDAY, iheethday ol Feliruarv.
i Y PKK f C NT of the 1)1 TiilK KH.MAINlNfi
hf
TIIE CO-MPANY,
STANPISd (;KKT1FICATES OFrede,
nvd and pnla
..F IHK ISSl'E OF 18116, wlllhe
lejjal repieseain cash 10 the h ddera thereof or their
tatlves, on and alter TUESKAV. the bth day ot
Ftbiuary, from which djte, lnt< rest thereon will
The cerllllcates to bo produced at tine ot
cease
FIF1EKN PRR CENT
'"'i"l^"i?fd1^i'd!rs'S'l'p'f-0f
Is
declared on the let.amount ol Kari.ori Premiums fur
the year eodinK December Siith, Wl,;,.,';,^ ?:';'^'',irf 'm
llcatcs win be bsucd on and alter TUKSDAY,th6 90
day ol April next.
TRUSTEES
A. C. Richards,
O. D. H. OiiUsple,
c E
1
Miiiior,
^,""",T.',l;:"=„°i
Allert B. tetrange,
Martin Bate,
Moses A. lloppoek,
B
W
I
Leconey,
S""",?'
\Mn. Hegeman,
Jaincs 11. a)i .r,
John K. Myers,
A. AUiiustui Low,
Emil Helncmanu,
Jeh al Head,
Full
Horace B. Claflin.
W. M. Richards,
John K. \\ aller,
yj"""S.\."'V"'
w Moi ris,
Theo.
A. S. Barnes,
Kgbeit Stai T,
•vfm. T. nlodgett,
A. Bar.ow,
• lex M. E.rle,
H. C. Souihwick,
S-,,'-'.
feoutlimayj
^hos. B. Merrick,
John
-
George A. Meyer,
^°'"*'
Wa
K. MVRS. President.
WILLIAM LECONET, Vice-President.
i;,",?'"'^",-*^tcr H. Lewis,
Kr«nrla Moran
irancisMoran^
teoretwT.
FIRB INSURANOE.
North American
Fire Insurance Company
OFFICE 192 BROADWA¥.
.
Branch
,
Offices,
Cooper Institute
«c
,,, .
.
1439 Braadirar*
will aid
them
value of securities proposed.
In
INCORPORATED
and satisfactory
and intelligent optulonB as to the value of proposed or
oompleted Unei. Every eflort will be made to furnish
of railroads,
COi^UISSION.
J. P. WlLlAMS,
durna the same period
Retura. Premiums
&c.,
Western States, he will be able,
as he believes, to furnish economical
plans and systems of ceustruction, and also correct
A, D. Williams
'
—
prepared to- supervise surveys,
lines fo railroads,
He will
Hazldiurst,
a^NKKHS ANDAROKKpS,
is
and estimate cost, and also to furnish plans,
speclficationB
•
THOMAS HALE,
GOVERNMENT SECURITIES,
or Gold subiect to check at sight, the same as wltn
the <Mty banks.
inade on all
ADVANCES •^"
--marketable
---^ securltlea.
Issued bearing
CitUTiriCATESol Usposlt
merest
-—
---^-Tin:
" polntt
msde at all
UOLLKCTIUNs
lOLLKCTlONB m,de_at
ot the UMIOK
lUlilTlSil PitUnNCES.
lltW
u.«j
FLACK. '
roHKIuS KXCIIANOE and GOLD bonght and sold
mortt lavorable terms.
INTERKST allowed on deposits either in Currency
fls
Total a«3ts
A
on the
or Vessels.
off as Earned, during the
*55^,wo
above
Paid for Losses and Expenses less tavlng-,
period
SaliBCriptlon Notes in
Prtmluii.s
Total
bo.d On Commission, and
LOANS NEGOTIATED.
HO.
and
Iron
Voyage.
lor the
Cashi^lPank
*!?1'3?; 11
United States and other Stocks... «W31 15
Loans on Stocka Drawing Inlerest aii.UOJ 10
OF
and Bonds
:in'i
$687,423 87
amount of Mai ine Premiums
Company has issued no Policies except on Cirgo
LIGHTERS.
rOR1irARDIN0.k>
,
Inclusive. eo-;,na 95
30, I8T1,
The Company has the
AKO
charier:
No Risks have been taken upon Hulls
CLASS
Having lor many years been Identitled with this
business, our great experience enables us to offer
RARRV,
&.
•i.P'* FIRST
SCBOOMGBS, BARGES,
lOc.
Addrc8.l,
ISIO.
_Q^
.
Standard and Dwarf Fruit Tree*,
drape Vines, Small Fruits.
Ornamental Treea, Shrubs, Roses.
Newdc Rare Fruit & Ornamental Trees
Evergreens and Ne«- Plants.
EsUblUhcd
Decemher
to
Premiums marked
RAILROAD IRON,
and DEALERS
We (nr«« VeaHenlion of PLASTERS
stock of
to »\ir large and complete
its
,,„„,.
W
1
*B5,010
and Freight
VBVIT AND .ORNAMENTAI.,
FOR SPRING OF
1
This
Locomotives, Cars
I
Prtimlums recc.ved from January
Total
SaiPPBR OF
TREES,
I
published
wiihtlie requ rcmeuts of t-ec-ionl2 of
aflairs ol the C;ouipany is
1871
Cottingham,
James A.
^
18, 18"l!."
OF THE
ESTTHE KOLLOWIKO BTATFMENT cpniormlty
m
Outatandlng Premiums, January
EDWARD READ,
'
Toek," January
Kevi-
of
j»-PartloaIar attention given to the examination
Public Works lor oapit lUti seeking iDTeatmcnta.
cities.
Bold by leading Orocers In principal
'"
HOWARD BUILDlNa.'najJBOApWAY,
PATiKT WROUGHT
IRON VIADUCTS."
or
St.,
TA
i
EAILKOADS. BRIDGES AND BXPL0RATI0N8,
•uperior.
123 Broad
Mutual Insurance
Pacific
o
"BERKEI-L'S
evonuess aad rlcwiess
luw given MtlstacUun for the
be found In all parts
ot its curing. Un palrons are to
In the Canadas,
of our country; nor l» It unknown
England and France.
Medal, »«»
SU<!er
In 1850 the F^ri* Premium, a
Agriculture 'tor
awarded by the Ohio State Board of
good
Ham cured In im"-four veartoUl They, arc very
considered
new. This acaaou's cure is
old
Seri^ell,
78 Broadway New 'TMtk.
YMf.
It
OFFICE OF THE
CIVIL ENGINEER,
CINCINNATI.
reliable
Insuranoe.
Bailroads.
Miscellaneous.
TWs uM
[Ufiic\x 2, 1,872.
j^&^Hi
302
CASH CAPITAL
SURPI.VS
-
-
-
-
1823.
r
•
-
Cash Capital andSurplns, Jnly
questions connected with the matters abont which he
may be consnltod, the subscriber will be aided,
by
competent advice and assistance already secured.
To mechanics, manufactuiers and capitalists coa.
templating Western Investments, desirable
opporta.
altles will be presented
Offlco over the
Peoplsi
Bank, Bloomlngton, Illinois.
tr Satisfactory refer encet (Iran.
RICHARD P. inOHGAN, .f r.,
Viva EnicUiMr.
lUMUTONBrSNUCh. Attoruey and CtuanUr.
l,18ff9|
$795,337 93.
determining the
In deciding all legal
$500,000 00
395,237 93
Ininres Property against Loss or
Damage bj
Fire at
tnual rates.
Policies Issued and Losses paid at the Offles oftb*
Company, or at its various Agencies in the prInMpal
cities of the
United States.
B. W. BLEECKER, President,
WYLLIS BLACKSTOKK, Vlce-Vres't,
T. H. CARTER, Secretary,
ORISWOLD, General Agent.
•
iNSURKTT
Ar" A P A ****"=
iyi-t\\jr\J\.rX
ANCE COMPAHY,
301 RROADWAir.
(!a«h Capital,
.
•
.
.
«l,00«,09«
J
.
iUroi)
\
asaS TJ
8
Aiiitirlcanyelloir ...l>
StA
ft
BBKAD8TUFr8-8oil8p«Olal
BUICKS-
»M
Commonliard
Crotoua
3^
report.
7
3j
OOa
12 00
UUe
39 DO
BQTTKK AND CIIKK8SBuHer—
now, flrkliia, prime..
!>l:i;c, au UrkV, lair iukM
tttatc.
t>Ula k»l(ir>Kiui>, ciixiuis.
8Uk«,iainlrkliM,li>ir..
.
'V<ililltub(,r»lr to prime..
IVisIsli tubs, ardluary
iVeKtnru.prluio
•£>
81
'M
«
W @
.no
<•
lA
nVstern, fair
12
l<)t0
Farm
Kami
UWS
16
U
UVS®
H^
«*
15s
(fairies, prune
(lalrieH, fair to
I*
:5
goad
Parit> tlalrU>H,coiii[iiou ...
Ohio cominou to prune...
UAND1.KS-
Vft
f^etia
jfearlc
06
«....
3.1
Sperm, patent
^
43
iS
oz.)
16
a M
Adainantlueci^. 14,&16uz.>l^l7(S
IKMKST-
»
ItDseudaie
19
ton 9
tons
tons
tons
15,000 toua
9.1100
steamboat... 3 77K(!«
gratf.
U,-HX1
euK
sloVL'
w
S 65
3 S5
3 iUHiiS 3 Iw
i liS(* 4 25
3 ^0
3 55
....
Q> S UP
<^!2 00
(»17 00
@
cheKtnut
Newcastle gas.
>l
n
2,240
Liverpool Kas cannel
Liverpool house uauuel
COCOA—
Caracaa(goldlnl>aDj)l>ft
MaracalOo do
do
a
^
15
31
COPPEB-
Sueatblng, new
V »
01)
Boiu
16
UH
sizes)
20X®21H
iS20
Hope
qnarlSiV^o.
43
90
44
50
12
plnU
Mineral
Pblal
c'OTTON— See special
report.
DKUQ3 AND DVKSAlcohol
»>Kal
Aloes, Cape
VB.
1
Assafatida
gold.
82K
....
Lkmphor,
crude
bona)
50
....
....
85
....
8
7.5
ix&
S>ia
19
a
a
2
a
a
a
a
a
Ooa
17
50^ 18 OO
oOa «5 CO
00® ....
oue 60 00
62
22
50
"
"
"
"
32
...,
middle...
3*
light
38
crop, lieavy
•'
86
31
"
"
" light.,
" rough slaughter
Hrmrk,l<.A.,&c..heavy
llaiUax
Hay.
75*6
6
50
4 iva 4 50
4 50(8 r, 00
17 fO®i; 1;0
<i .
new
.813
l«)
12 (ioul2
.50
...
Mackerel.No. 2, shorencw
Mackerel, No. 2, Hay
10 fO^ll 00
Mac'rel.No. 3, .Mass. .large
a7
Mac*rel,Xo. 3, Maa8.,med. ..
6, 50
Salmon, pickled. No. 1
«20 Mi
Salmon, pickled
* tee
a,'8 00
Herring, scaled. ...Vbox
a 28
Herring, Now 1
20a ....
Herring
V bbl. 3 5Ua 5 SO
» B
a
15
25 B>
a
a
a
a
a
keg
rifle
Meal
Deer
W
18
100
Bl 20a
8
3
5
5
5
00
50
75
65
25
130
HBMPAmerlcan dressed..*
American andressed
Russia, clean
tOD.230 ilOa2eO 00
150 00it(160 00
gold, 223 OOa ....
" 27&30a280(XI
Italian
Manila. current..))
Sisal
In
» •
a
13
"
11X9
bond.
:>ia
gold 5 a
BuenosArre(..VItaoad 27iia
SS^a
Montevideo....-...""
RIoGrande
"
I3M
11^
<\
"i
....
Orinoco
**
....
California
1SH9
•
Matamoras
Vera Crux
Tamplco..
PortoCabello
MaracaibO
Bogota
a
23
23Ha
••
"
28
....
.a
..
."
81
23
26
....
21
a
a
middle.
..
28sa
Ilglit...
...a
California, heavy.
••
"
2t)
.,
ie'A@
light....
26S@
"
rough
good damaged
...
poor
..
89
40
J'
^6
29
\*
28
28
27>i
a
23Hd
18 a
a
a
"
Rockland, common. Vbbl.
Kocktand, lump
LUMBER. STAVE8,&04"8
soutuorn pine
«liltc pmcboi boards... 3i
20
,
35
1
175
OO
CO
uo
lO
52 00(» 54 00
Spruce boards and plaiikf 30 Oea 33 00
Hemlock bo'rds and plank 27 (Oa 31 00
Extra heavy pipe staves
.1200 00
do
do
Heavy
180 00
Light
do
do .,
160 00
Extra heavy hhd do 1
175 00
do i
HeaTy
do
150 OC
Light
do
Extra heavy bbl.
Heavy
Sugar
,
do
do
do
do
10000
„.
„
120 00
do
100 HO
.,
do
75 00
ahooks.lncl. head'g.2 35a2 50
do
do ^ . 4 SOta....
do
do
. 2 29a2 50
MOLASSES— See special report.
NAILS-
cut.iod.@6ad
vioo» ....esoo
Clinch, kegs
6.50 a7 00
Horse shoe, forged (No. K)
« *
to 5)
Copner
Yellow metal
'
'^'O-
'"
<>«"»»
No.l
N0.2
" pale
" extra pale
OAJKUM...
OIL CAKE -
a
a
a
33
40
26
,
;
w
8 28
33
43
as
27ji
50
00
4 70
84
4
65
s
a4
500 86
4 75
7 00
8 50
*i>
HH
70
90
00
as
a82S
a
10 00
7)«a
lOH
Citythln,obl.,lobbl8.Vtn.Kd ....®42 50
*'
"
in bags...^" 41 ooa
West, thin obl'g>(dom.},.. 41 OOftn 50
22>i9
Rh
«t I
19
Turks Islands .V boah
.
Cadiz
LIv'pM, nnetllgi^na
2
LIv'p'l Hue, 5Vorlhlngfs 2
t
W 21L
•" '•»
8A^[VylT"irEi""'"''
Reflncd, pure (cash) Vft
t."#
Z
Crude
Jq
Nitrate soda(cash).gold
SBKD-
80
I
a 3 00
a
— 2 53K
^
m ..
%i m a I 79
3
AB
&
antoii.re-rld.Ni'S.
sis
7 00
2..e (4)
4
1
4fe
Cai;tuii,rei|d,ejtquality7 2S
Japan
8 00
Plates, lor'n
.
100
I-
n
S « 00
S9M
»buah. » 65
Ign
TsallFcNos.!^
4^
tya
Flaxseed, ADier*n,r'Kb. 1 90
L's'il t'al jil N. V.I'Sliftgd 2 90
LInaeed, Bom. (at N.
^.).'5«lk
gold....
China, rcricfed
Saysaain.Nos. 1
IS
10
5
...
f%
lb
.gold 7 OO
V
Plates, domestic
T
Ik
SPICKS— See special report.
SPIRITS—
Brandy-
a
a
a
a
9 OO
8 00
* 90
7 90
9 OU
a7
Z
29
11
_» .»ji.
gold S 8Sai9 00
" 3 86al9 00
'
S80al2(0
Marett&Co
"
Leger Freres
•«
Othei foreign branda
**
S 8Sa 8 00
8 Tfia * 00
8
8 00
8 75a 5 2S
S COa S 40
Ma
Rum— Jam., llh
proof. "
Croix, 3d proof... '*
Gin, dill'erent brands
" % (Oa I 00
liquors Cash.
A icohol (Sj per ct)C. AW.l 80 at 83u
.
—
DomtHlc
lOXa
STEEl^
»1
a
a
5
a
M
a 13
a H
a 11
a 10
a tl
Knf-llsh,rast,0d&1stqu fta 16
18
KnKli^h.stiriiiif.v'd & 1st nn
7
10
English blister, 2d A 1st qd 10
IT
English machinery
U
18
English (jerman,2dAl8tqa lOHa
American blister
American cast. Tool
American spring
American machinery
American German
16
9
9
9
SUGAR—See special report.
TALLOW—
American,ralrtoprimcV)
9
ft
TEAS— See special report.
TINUanca
English
a
a
*75
V D.gold
••
Straits
38i;S
..
Plates, I. C.char. » b ••
II 85
Plates, I.e. coke.. "
1000
Plates, coke Terne '•
8 90
Plate8,char. Terne "
8 78
TOBACCO-Bee special report.
OK
41
oi
II
5ll 50
alO 25
9 CO
alO "O
a
•
WINES—
Madeira
V
Sberry
gort •••V
gaM. 3 S0a7
M
scia9 0«
8 0008 90
gold fiiai 20
"
9 20a> 90
1
BnrgnndyportV
Lisbon
Tar, Washington:
j
Tar, Wilmington
Pitch, city
Spirits turpentine. V gall,
Boein, strained, V bbl...
"
20
,
NAVAL STORES—
'•
BALT-
Whiskey
OOa
1
do
•»
a | OO
emsSiSi
lungoou
St.
31
J
%
•«•
•
Otard, Dupny *Co..
Cherry boards ai:d planks
00
Oak and ash
UO
.:
00
Maide and birch
llaikwulnut
•107'»ai82 OO
44 Ooa 5^ 00
>^.lncli sycamore
Light
Molasses
rhXI
Plnet, C'a»tlllon&Co
25K
45
l<i@ Si
(0(|$ :M
i;9 IXia 79
78 0(<i» SS
;s OOa 1^3
83 OOa 13
box b'df
Clear pine
1-Inch
IgB
Hcnnessy
27
87
27
27
33
29
LIME-
htte pliie mer.
12
a
mldflle.
**
48
40
a
a
a
27
27
middle
Orinoco, heavy
"
^N
....
10 OO
«
."
,
light
**
"
Rum
28a 100
a»Y
't
j
;.»•!».
"
a
a
a
a
a
a
a
3.5
middle
"
'•
....
tuto
isoo
Beel, ^laln maw
tim 2iafi
Beef; extra loaaa
10 00
BeefliaiiM
ago ZlSB
.;.••.•*•»
H«;i». pUikled.
lyt*
Timothy
Hemp. for.
«r. '0
00
ae 25
ft 6
,-CBsh,*ft-.
Oak,BlBn(hter,heaTy
13 00
HIDESDry—
21
5 90
5 95
9 25
LEATHER—
. .
17
shore new
1,
Tamplco. ...gold
(in
Carb. ammonia. In bulk.
a
32 00
25 00
a
30 IXVi
bbl.
1,
Jute
a
20
73
2 10
V
1,
....
....
'*
» cwt.
North River, ehip'g.V
liK
2;
31
4*^.^
4^
82
33
35 OO.935 50
gold
**
OOa
00(5.
Sporting, In IBcanls'trs.VK
3H
a
Brim8tone,cru.l*ton,gld
Brimstone, Am. roil pik
llrimstone.flor sulphur.
Logwood, Laguun
Logwood, Honduras.
Min. & Blasting V
Shipping ..;
Baric petayo
,
45
....a
Berries, Persian... gold
85^(3
33
Bt carb.;80da,N'cast]e** 5 25
5 41
Bl chro. potasb.S'toli "
19M9 20
Bleaching powder
Borax, reined
23
22
OUNPOWDER-
so
20
17
28
.
Argol8,cr'de.Oporto,gld
Irgols.relined
gold
krseaic, powdered. g'l J
Balsam caplvl
Balsam ^otu
Balsam Peru
1
a
13
a
d
@
31 a
l^o
60 s
83 a
75 a
3
Anoato, good to prime
Antimony, reg. of.. .gold
"
"
report under cotton.
70
70
85
SX9
Vlum
25 «0@ 26 00
23 (I0(» 25 00
FKUITS- Sea special report.
GROCERIES— See special report.
GHNNT BAGS & CLOTH.—See special
70
30
••
;
....
....
a
"
"
Red
30
11
45
^loes,Socotrlne....gold
a
9
e
e
ai
..>.
....
....
....
Fustic, Tamplco
Fustic, Jamaica
Fustic, Savanilla
Fustic, MaracaibO....
North River
(^18
00., Bupernne
1st regular,
I
OOa
ton, gold. 100
"
Fnstlc.Cuba
FLAX-
aiD
18
"
Kugliaa
PIpeandshcct
'S
a
COltDAGE-
1st regular,
* yd
gold.S 90
lOO'k
Gernail
#
MOO
rn*,priiD«HM«
Clbver
liar
—
*
30 a
00 a
W a
48 a
—
Shenl,aliig., d. A t.,com.,
5Ka HA
RalU, Eiig.* ton... (gold > 63 (lOa «» I*
Ralls, Am. .at works lu Pa. 12 ooa 74 00
1!^
6^»
00
mSoJiwoo
» ft 7Ka ....
toi:s.<or.gd
a 16
.
Cam wood....*
Pickled scab)
Pickled cod..
Mackerel, K-o.
Mackerel, NO.
Mackerel, Nio.
36
3S
la
Russia Bolt Hope
^8
Drycod
....»
0O«KS-
....a
;
Verdlgris,df.*ex.dr.,gd
Vltrlol.blun
MM FISH—
.
Sisal
57<i
Logwood, Jamaica. ..gold
LImawood, W. Coast, cur.
Barwood
gold
Sapanwood
our.
Brailei»'(over 16oz.)
a 38
SheatbinK, Ac, old, ui lots 3l)«a 26
American Ingol....'.
;
ijS^A
S(i<ntbln>,}'ol.mut4l,aew ....4a 26
Bolts, yellow metal
a B
Nails, yellow metal
^6
ti
Uanila (large aad small
per lb
Tarred Manila
Pt'
. .
U
(o%-er
....a 4
1,
Nail, rod
Sheet, Kiis., an.
I
a
55^
Tapioca
Hoop
LiKAUspanM, *
Tartaric acid (Crystal;.
«) n
gold.
"
Logwood Tabasco.
Logwood, St. I)omin..cur.
ii
Ouayaquil do
do .... llxa
COFFEE.— See special report,
,»
>
DTE WOOD3-
Am-ttonsaleaf Scraulon, Feb. liS:
3 40 (si 3 42X
8,00U tuns lump
14,1100
gulii.
aim
llflOOaiMOO
1(2 50a 137 50
Horseshoe
iiods, Ka3-t6 Inch
Wy,
Sugar lead. Willie
Kulpliatt; morphine, s< oz
....
....
S03l82 90
...111
Banff;
iiS
i(i
XK
round
Pork, extra yrlma
Carollnafr.topr.vlOO* a eu
.11JW)«:»00
(lnial»aud hall
id
I'
(it
!k
ScroU
2V
....»
....a
14
Sodaush (SOp.c.)
to Sin. rd.A
«<|-1 to6 III.
to 1 ln..97 50a
Bar,i'el'd,l&IHx).i&5-16....1t«00a
Bar, refined.
3il
...»
90
Scotch,G'ck,No.
Cotton.No.l
COAl.-
41.1I1W
B>
gold
liavens.Riis. light .V pc.14
heavy
16
Itavens, "
....al "5
bbl
a 4 70
a 90
40 a
^2 a- ....
a 2 50
50 a 1 M
»Mm
HHa 12
2»>id
DUCK-
44
*
1
Shelll.ac
t6S
'*S
«»
i^
5 75
Senna, .Mexanclrlii
Senna, Kast India
factur; arlni«ilacli'iii>W»
Kactorv fair to Ki*'»d
CtieeBe —
... t<
a
Kd
..
gold.
per oz
(Jillnluo
S7H
2
#5(10
i
Amer.
prussinte potash,
(Quicksilver
„.,^erlcan,Ko.l
42 00*43 00
40 OOS 41 OU
.IgTZmerlcan.Nb.l
!,» <na 40 OP
Pig, Amerrcan Forge
a7 00a42U0
PlK,Sroicii No. 1..
Bar,rellued,i{og.4l Amer. ...AMW
aTOKBrsiCBa.
Bar, Swedes
115 OVam 00
....
....a 2 81
Senekarout
<!.'>
ii
4 85
Sar;ia;)urUla,II<ind'ras,"
** *
Sarsaitariila, .Mex.
34
»1
lifi
4 7i
".
Sal ammoniac, ret. gold.
Sal suda, NoweaMic, •'
a
e>
(^
3^
:0
26
"
Oplum,Tnrk,inboud,gld
gold.
Oxallcauld
Phosphorus
Uhubarb. China.
Sago, pearled
9
19
.-...
Olilenion
2
Oil pcpp'nn't.pure.lu tin
01 1 vitriol (80 to «i dtgs)
ia(M»l.MW
'•
Pbllailelphla IronU ..."
^'
Oil cassia
01! berftamot
BKKSWAX-
18
••••
20
gold 3 :2Sa
Ollauls
ASIXES
«100B
M a
a
39 2
Mustardseed, Trieste...
Mutg'Is.blue Aieppojtld
PRICES CUBRENT.
?ot,l>t>ort
m
laffinowtwiow.
i§ir2,).
Sicily Madeira... ....
&
Red, Span.
Sicily.
.
.
Marseilles Madeira...
Marseilles port
Malaga.dry.
Malaga, sweet
•'
1
"
"
*
1062119
21
70a
6S
wSl W
ioai
•
"
V cask "
V doz. "
Claret
Claret
ooSl
Wai
SJ
10
20
S0«60 00
2 Tta* OO
WOO^Amerlcan, Saxony Fleece V ft 60 aTO
American, Full Hlood Merino 55 a6U
American Conibli.g
00
95
S5
70
Extra, Pulled
Short Extra, Pulled
SuperCne Pnlled
No 1. Pulled
California, spring Clip—
aTO
Zto
aOO
275
Zaa
....
a .... 0IL8n
OUve, In casks .... V gall, 1 SiH9\ SS
....
Palni..'.
.* ^
8 a
SV Flue, unwashed
3
21
87 AO
crushers
prices
Linseed,
Cardamoms, Malabar ... 2 80
....
a ...
Medium
87
87 a
Vgalloncasks
...
Castor oil, Amer. (cases)
17
Truxlllo
(3Ka 24
Common, unwashed
80
Cotton 8'd Crude S.Vgal SO a 51
Cbamomlie flowers
20
"
ss
RioHactae
17 a 19
m
Burry
2j
"
yellow S ^56 a 57
Chlorate potash ...gold
SO
"
51
Cnracoa
17 a 19
Caillornla, tall Clip and TiSiaaa
Whale, crntle Northern
Janstic soda
gold 5 90 a 6 00
a
"
Port an Piatt
17 a 18
Fine, unwashed
M 240
#10
Cod liver oil
Whale, bleached winter., 82 a 8t
"
1 IS
Bahla....L
18 a 19
a
Medium
85
1 55
';orlander seed
Sperm, crude
^1 57>i Sooth Am. Merino, unwashed
'Tezaa....v
enr. H a
a 8;^
H
AM
Sperm,
bleached
75
Cochineal, Hondur..KOld
....al
66 a
Western.^
22 a ...
67k
South Am. Mestlia, unwashed W asi
Lard oil, prime winter... 81 a
gochlneal, Mexican. *
60 a
62u
Dry Salted—
South Am. Cordova, washed, 83 #88
oppcras. American
Bed oil, Wesiern (Slain) 47Ma '0
MaracaibO
gold. 16 a 17
a
iH
Cape
Good
U p«, nnwaahed. M
Straits
60 a »2
Cream tartar, Fr.,pr.gd
"
Maranham
U a .... Heats
a 86«
Texas, Ann
j^
20 ai 40
Cubebs, East India
foot, lubricating..
17 a
"
1^
Fernambiioo
17 # ,.,
Texas, medium
17 #60
~
Uutch
gold
Matamoria
"
6«
19 a W
6>ia
PAINT6Texas, coarse
Bpsomsalti
•
)va .?
BavanlUaT.
16 a H
iauiarge.
Am
am
>
vu
Sy* »M Texas, Burry
V», 0%m
T
tltbarge, "
fxtraot logwood... bulk
"
Bahla.....
a
tit
15ua ....
Lfitd.red,
nad.red
8ya
iu lexas, Western...
N
88S
,.
ennelseea
Viid ,?.
emu
19 a 20
white, Am., In oil.
Lead,
....S
e
11
Smyrna, unwathed
IS
Flowers, benioln..V 01. 80 a <0
Bandvlch Island..
IS a 18
Lead, white, Amer.,drr.
9Sa
9S# 9y Smyrna, wa'hed
41
Uambter....V It,,.gold
4M
Wei Balted't....a
1 a
Bine, white, dry, No.l.
7S Doiitkol, waahed...
H
"
Gamboge
Buenos A]rres..Vftgold, 15 a 16
..,.a
SOj
Zlncwhlte.No.l.lnoil.
» Z
12
Dosakol, anwuhcd
II
ainseag. Western
70 a
"
75
Rio Grande
18 a UK
French.dry.gld
Ztnc.wh,
Sy
8Sa
;I
"'
Olnseng, Southern
ZINC00
Camornl*
U { ..?. Zinc, wh.jFrencti.ln oil
97>ia
a 19
Kheet
ftnm Arabic, nicked
82 a
"
«ft 10j<# U
Para
11 S ....
Ochrcyel, French, dry
8 a
8X FREIGHTS—
Oum Arabic, sorts
19 a
_nxait
Silt.- ->
22
NewOrleans
car. 12 a ...
Ochre, ground. In cU...
la
9
AQmbanioln
LiTBsrooL:s. d.
s.d.
40 a
To
s. d.
a. d.
60
City sla'tar 01 Acow
bro.,
dry
loo
12
Spanish
U'Va
#
2S
OumK'wrle,o'd topr.spd 11 a 15
Cotton
....
....#8-16
Leather
«
Upper
Stuck—
a
Bpan.bro.,gr'd,inoil.Vn
8 a
9
10 a
Flour ....V bbl .... #19
...all
Samgedda
B.A.ARlogr.klpVBgld 28 a M
...
2 50 a 3 00
Parlswhite.EngflOOIbs.
^amdamar
gold
H. goods.* ton 22 6 S2S0 WOiU*
MInaa
UXa Ku
22 $ 28
Chrome, yellow, dry.... UHi *>
aunmyrrb, East India.. 42 a 4«
#8)6 ...Ji800
Sierra Leone
on*
cur. 34 a 31
Wbltlng, Amer.. » loom
....«10n
6W« «K ..# •
sum ayrrh, Turkey
C'n,h*b.*bu.
42 a
Gambia and qiiuu. "
45
27 a 29
Cl.lna.» »gpld
Verm'n
20
....a
•
aam Senegal
gold 18 a 20
Zanzibar
13 2 19
Vermilion, Trieste, gd..
89
...a
Onmtragacanth, sorts.. 25 a 3S
#40 i*9 .
Beel.... ^'ce
Kact India Stock22 a
Vermilion, Amei., com.
27
Oum tragacanth, white
Calcnt. citv sit. V> gold 21 a
Pork... 1-bbl. a» •»» .•••.»*
vTenet. red (N. C.) V cwt. 2 26 a S ^0
aakay.....
»y saD.
|. c. ». c.
59 a
Calcutta, dead vreeb "
To Hatm
88
16 a 17
*
Flombago
..
9
Byd. potash, Amer
Calcutta, bulfaio.** "
«^»"14
2 I4w Chlnaclay
•• i-*.*.:d.
a 9 OO
» ton. 20 CO a2< 00
Iodine, reanbllmed
ManllaABat.buff.«i»
25
9
au
a 10
Chalk
V » ....a- ....
%•—
Ipecacuanha, Brazil, gld
»»
Tallow
12 a 1 15
aONBYblock
V ton. 3 soa
#••••
falap
Lard
45 a
52
CobaCdntyp'd)...
JU •! »H Chalk,
Vi'iU
Barytas, American No.l
a MOO Tohaco
a....
» hhd
Lao dye, good A fine, gid 20 a 30
L.oorlce paste, Calabria.
Woods
»» 25 a 50 a 6^ PBTROLEUMCrop of 197t
41 «a
41
•i-A,\
gravity.
Crude,
ord'y
In
Lloorloe paste, Sicily
Petroleum
* ^ 'J.
20 (8 25 ® 30
24 a
Crop of iSTD
ISV
U'i"V
bulk, per ifalton
a 13V
L'rlo«p'sU.8p.«ol'cl,gld
To .MzLiK-ni»N«. » foot.. .•••* »tX
10 (« 12 (9 20
21 a
Ciop of 1889
29
....»
I7)«
Cruderin bills
| e.
LlOOrtWDiuito, Greek...
To SiK FBanriaco—ft. » c,
9 (* 12 a 15
81
C'Op 01 186S
5
....»
ZtS
goods
*
standard
white
.
so
Keftoed,
Una
Mcasurenient
l«4j#M5»«cll
gold
Califilrula, crop 01 1870 13 8 10 S 80
K J
18
10\
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Maddir, Tr.B.X.r.P....
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loj.
a a
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Besldanm
a ••• Naiu;
HOKIIS—
Manna, imAI Sake, geld ,,.. S OH
Feirolsu?!-»c. Olio gal „W,f....
Qz.B. A.4 KloOranda.VCa I 00
PW«...i
Coal, out
Camntior, reflned
Cantbarldes
....
20
,
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23
"
•
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,
,
THE CHRONICLE.
304
Wire Rope.
HOWABD UtTCHBLL,
14
North 5th
md
STEEL, CHARCOAL,
Large
&c.
A
constantly
on
Purposes,
Stock
S7
Mining
irlcks, IncllDed Planes,
Bolstlng
New
JUSTICE,
York,
Justice,
S.
LONDON
RlgKlng,
Ships,
S.
42 cuff Street.
street.
Philip
Isaspeuslon Bridges, 0d7>, Der-
f
PHILIP
Philadelphia,
B. B., of tbe Te>y best quality,
for
J.
band, ttom which any desired
ITEEI.
lengths are cut.
JOHN~W. MASON &
York or
BDWABD
William Wall's Sons,
p.
Cordage,
Iron and
In HEIHP
GANGS OF RIGGING MADE TO ORDER.
Office, 113 IVall St., N. V.
New
EBKNBDT. HBNBT M. BABBB. JOHN
8.
S.
J.
41 CEDAR
8.
&
BABls AS
Co.,
COB. OF WILLIAM ST.
ST.,
Johnston,
CBNBRAL RAILWAY AGBNT!i AND
MBRCHANTS.
New
Buy and
ifork.
Railway Bonds and Negotiate Loans to
sell
Railways.
IMPORTERS OP
Steel Rails
Iron
Italia, Steel Ralla,
OF APPROVED FOREIGN AND DOMESTIC
MANUFACTURE.
Old Rails,
Ilesaemer Pis Iron, *«r8p.
Steel Tyrea, boiler platea, Ac,
AGENTS FOR
OLD BAILS, SCRAP AND PIG IRON.
Rosendale Cement Co.,
CBinEN r OF THE BBS T <li; ALITV.
Rails,
RAILHTAT BQUIPMENTS.
JOHN
Kennedy
JAMBS JOBSSTOir.
48 Pine Street,
EI<BPIIA.NT BA.GGING, and Dealers
Old
AND
Atlantic Ports.
&
BiGELow
MANtJFACTUKKKS OF
Iron Rails,
deliveries, 1873, In
BIGKLOW.
FIBKS
Steel Rails,
Tons
Summer
P.
Vibbard, Foote & Co.,
40 BROADWAY, NEW VORK.
RAILS-EXTRA QVALITT,
For early Spring and
CO..
43 Broad wa]r« Neiv Tork.
OHAUNOBT yiBBABD.
ALBX.
BMBBBON POOTB,
SOUTHAMPTON BUILDINGS.
3,000
1872,
2,
Railroads.
Railroads.
Miscellaneous.
keultable
[March
Orders executed In Europe by cable for shipment to
any port in the United Statea, either at a Used price in
American Gold or at a sterling prloa cost, freight and
The Bowling Iron Company, Bradford England.
The West cuiuberlaiid llematUe Iron Co., Working-
insurance.
Bank Credits opened
Supply all Railway Equipment ard undertake a
Railway business generally.
aud Rallmiy Securities nego-
ton Knglnnd.
tiated.
No. 102 Wall SCreet,
J.
K.
W. BBNEDIOT,
BDWABD
WILSON,
No.
,
No. 206
SI
LIBERTY
F.
WIN8LOW,
Pres. St.L.* S.E.IS'way
&
WiNSLow
Secretary.
W. Seaver& Co
Jacob
H.
Late Bt. Maj. Gen.,U.S.A.
Newr Vork.
MO.
BT. LOUIS,
COTTON
Rbpobt upon. Build, Manaob and B<)U1p
RAILWAYS.
BOSTON.
Negotiate Loans and
RlGNEV
R.EESE,
&r
Co.
to
Pig Iron,
Company,
LIBERTY STREET
Bond* and Loan*
M. Baird
work accurately litted to gauges and tboroueh
Interchangeable. Plan, Material, Workmanskip
Unlsh and EUiclency inlly guaranteed.
Clias r. Parry,
Wm. P. Ilenzey
M. Baird,
Geo Buruham. Edw. U. Williams. Ed. Lougstreth.
Wm.
iron or Steel Kulla, Locoiii«tlTei>,
t^ara, etc.
and undertake
• II bnalsi.iaaroiiiiActed tvlth
P. Converae
M
NEW
YORK.
STEEL and
Contract for
I
Lonlriana.
BDWUt
A.
tON HAILS, LOCOMO-
63
En-
COTTON BR0EBB8I
53
Stone
M*yA
glnea,
Railroad
NEW
ARBTAS BLOOD, W.
Superintendent
St.
Manchester, N. H.
YORK.
D. S. Arnold,
GENERAL
COMMISSION MERCHANT
AND
'
,
&
Co.
Par a
Geo.
'
W.
G.
St.,
Boston.
Putnam,
RAILROA'b IVPPLIBS'
OF ALL KINDS.
The Liverpool
& Lon-
Co.,
Manufacturers of Wrought Iron Tubes, Lap Welds
Works Castings and Street
Mains, Artesian Well Pipes and Tools,
Gas and Steam Fitters' Tools, Ac.
Boiler Flues. Gas
OFFICE AND WAREHOUSES:
IS
GOLD STREET, NEW VORK.
NAYLOR&CO.,
NEW VORK,
BOSTON,
80 State street.
PHILA.,
2a8So.4th8tree
other
all
Steel Material lor
Railway Use.
LONDON
BEN Z ON
HOUSE
NAVLOK,
IN
tc
CO.
34 Old Broad Street,
who give special attention to
orders for
(5-
Globe Ins. Co.
Railroad Iron,
Wads worth, AJjfet$Gold^%2 0,000,000 u well at Old Scrap Iron and Metals.
oiumitalon.
COMMISSION MBdCHANT.l
Grain, Malt, Hope, Barley, Hay, and
New Ifork Straw,
AND ALL KINDS OF PRODUCE
BOSTON.
Kails,
AJjfetsinthe
U. States^%i >ooo,ooo
+5 William St.
^
CAST STEEL RAILS,
CAST STEEL TYKES,
Caat Steel Frogs, and
Manufacturers Agent of
*
&
•
Paacal Iron Worka, Pblladelphla.
99JohnBtreet.
Dealer In
don
Exchange on London and ctrcular Notes
amounts to suit remitters or travelers.
MEANS,
Treasurer.
Devonshire
HAIU AND WOOL FELT.
Buyers of Cotton
Iron,
Bills of
N. H.
BOSTON.
M0WTQ0ME8Y ALA.
SKLM.t, ALABA.1IA,
D.
Geo.
Cotton Pactor,
John C. Graham
42
Co.,
Orleans.
and Toola.
MANCHESTER,
17 South Wllllaim
&
BROADWAY, NEW YOKE.
Morris, Tasker
MANCHESTER
GBATBS.
Works.
& Graves, Locomotive
MANUFACTURERS OF
Loaomotlvea, Stationary Steam
Flash
Vork. At-ent
In Porta ot Nenr York and Neiv
TIVES, CAB j, and other Supplies, and negotiate
RAILWAY BONDS, LOANS, ic.
BDWABD PLASH.
Co.,
Sc
New
AKD
NO.
Railway Comnlaalon Mercbanta.
BROKER, Jl
St..
Gilead A. Smith
Ralliraj
PINE STREET.
HoLL AN D,
Pine
BARTHOLOMEW HOUSE, BANK, LONDON
& Schuyler,
Jones
13
NBW ORLEANS,
Co.,
6c
All
Iv
for Kailruad Co*.,
(Contract :or
Georgia.
L COTTON
dee.
HALUWIN LOCOMOTIVE WORKS
i^eeotlate
COTTON BITTER.
C.
&
BANKKKM AND MEKCIIANTS,
Watson
MACON*
Bro.,
New Vork.
RAILS, COPPER,
SPiiLTER, TIN, LEAD,
NICKEL, BISMVTH,
sell Bepuritles of all Kinds.
M. K. Jesup
OTTON BVTINO,
conmssioN merchants.
B.
Street,
PHILADBLPIIIA.
MO.VrQOMKRr, AL\.,
R.
&
Pope
J.
292 Pearl
Wilson,
NEW YORK,
ST.,
SOUTH FOURTH STREET,
Commission Merchants,
Thos.
Evans
&
Co.,
IRON AND ME TJA
No. 70 WTall Street.
NEW
YORK.
L S
.
@FedFRASER