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:
'
xmm
OBimtrti*
AND
^P
HUNT'S MERCHANTS
MAGAZINE,
HEPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATKS
VOL.
NEW
30.
Brown
&
XnSON PUELI'd STOKES.
45 tVA!.!. ST.,
NEW YORK.
COmiHERClAL CREDITS,
In Dollars for use in United States, Cuba, &c.,
Pounds Sterling, available in any part of the worldAleo. TUAVKLEBS' CllEDITS and
&
in Francs, in Martinique
and Guadaloupo.
MAKE TELEGRAPHIC TRANSFERS
OF mONEY
this
and other countries, through London
and Paris.
Drexel
So.
84
Anversoise,
-
G. C. Ward,
COMPANY,
NEW YORK.
9,000,000 Francs.
Grtsab, President.
Alfekd Maqoinat (OraHA Maqulnay), Vice-Pres
J. B. Von okr Bkceb (li. Von der liecke;.
Otto G'j.ntuer (CofDellle-Davld).
EHILK I>B 0(TTaL.
Ad. Frank ( frant. Model <( Cle.)
Aug. UoTriiB)uM (Nottebolrm Kreres).
Kb. Dhanis (MIchleU-Loos).
JOH. Dan. Fohrmann, .Jr. (Job. Dan. rahrmonn).
LoDiB Wbbrb (Ed. Weber & Cfe.)
JcuRs Ravtxnstbaucii (C. Scbmld & Cle.)
TRANSACTS
Asa
p. Potter, Pcest.
Sand, Hamilton
J. J.
STOCKS AND BONDS BOUGHT AND SOLD ON
COMMISSION.
COMMERCIAL PAPER NEGOTIATED.
Daniel
EDDYCasbier.
.-..--.. $400,000
....... 400,000
00I>1.ECTI0NS a specialty. Business from Banks
nd Bankers solicited.
Satisfactory
business paper
discounted,
Cor-
rospondence invited.
L.
LlNDLEY HAISES.
&
H. Taylor
Co.,
Bankers and Brokers,
138
SOUTH THIRD STREET,
PHIIiADELPHIA.
Deposits received subject to check at sight, and
Interest allowed on daily balances.
Stocks, Bonds, Ike. bought and sold on commission
in Phihulelpbla and other cities.
Particulur attention (flven to information regard-
Dg Investment
all
A
New
R.
JANKERS
it
J'.
Kimball
trt.
Buy and
New
Sell »n Commission,
Mar^in^
& Col
Ewell
/or CatA, »r am
&
J.
Stuart
&
Co.,
NASSAi; STREET.
33
EXCHANGE ON
SniTH>S,
BANKERS, LONDON;
nANCKESTER dc COUNTY BANK,
BILLS OF
PAYNE
tc.
New York
BELFAST, IRELAND;
A^D 027 TQB
NATIONAL BANK OF SCOTLAND,
•EDINBURQ, and BRANCHES;
ALSO,
transfers and letters of credit
'
BROADWAY,
all
aecnrltles dealt In at
Stock Exchange or in this market
\
ULSTER BANKING COMPAITr,
Knoblauch
&
Maitland,
Mining shares.
J. N. EwKLL,
Alex. Maixlanb.
Al«mb«r ot N, ]C, |$wcl( ExQliiioge.
also
Co.,
NOTBS AND Cbeditb roB Tbatxlsbs.
&
J.
;;able
BAITKERS AND BROKERS,
No. 58
the
&
No. 8 "Wall Street, New York,
No. 4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
York,
Stocks^ Bonds., and all Invetimtnt
Sicuritiesy in lots to suit,
Buy and sell on commission
.VND COMMISSIOU MBRCHANT8
EzcliauKe Court, N :w York.
John Munroe
MANCHESTER, PAYABLE IN LONDON;
\t years memhtrthif in N. Y. Stock Exckangt.
York.
Co.,
BANKERS,
••LIMITED;"
solicited.
BANKERS and BROKERS
2,847.)
&
CO.,
LONDON.
69 EXCHANG-E PLACE,
CORNER BROAD STREET, NEW YORK.
SnilTH,
choice line of Investment BondB always on
Correspondence
Special attention paid to the negotiation of Commercial Bins.
Also execute orders for Mining
Stocks at tho San Francisco Stocl Exchange, through
their Correspondents Messrs. Kunney & Dysb.
R.T.Wilson
on approved margin,
band.
FOREION EXCHANGE,
63 IVall Street,
(P. O. Box
sells for cash, or
Securities dealt In at the Stock Exchange.
4 Exchange Co
BROKERS IN
ST.,
& W. Seligman & Co.,
ClBCnn.A.B
Negotiates 'Flr8t.CIa«« RalIroa<l,lState,
and City Loans.
Securities.
Hilmers,McGowan & Co
moRGAN
OLD BROAD
(Member of N. T. Stock Exchange.)
Buys and
I4BWIS H. TATLOB, Jb.
& Co
Haaumann
iniTNROE tc CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXITZ
DAf S' SIGHT ON
ALEXANDERS dc CO., LONDON.
A. Moran,
PJNE STREET,
NEW YORK.
27.
BOSTON,
Si;KPt.lIS,
BonleTard
Payable in any part of Europe, Aala, Africa, AutrallB
sad America.
Draw Bills of Exckantre and make teloffraphie tnuu.
fers of money on Europe and California,
Co.,
BANKERS AND BROKERS,
Maverick National Bank,
CAPITAIi,
&
2 Nassau Street, Nenr York.
A
BUSINESS.
OENERAI. BANKING
81
Issae Letters or Credit for Trarelers,
BOARD OF DIRECTORS
Fbux
Bt.
ATTOB?fBY8 AND AsBNTS or
J. S.
dc
ITIessrs.
No, 82
&.
62 WALL STUKET,
28 8TATK STREET, BOSTON.
Drexel, Harjes
Co.,
Deposits receiverl subject to Draft. Securities, Gold.
&c., bought and sold on Coinmissiou. Interest allowed
on DepoaitB. Foreign Kxebaoge. Commercial Credits.
Cable Transfers.
Circular Letters for TTavelerB,
aT:iUable In all parts of the world.
J.
abbsts tob
BARING BROTHERS
Ant WE RP.
Paid-I}p Capital,
&
G.
S.
Co.,
Pblladelpbia.
Parts.
DOMESTIC AND FOREIGN BANKERS.
Collections of Drafts drawn abroad on all
points in the United States and Canada, and
of Drafts drawn in the United States
* on Foreign Countries.
Centrale
&
South Thibd
Make
Banque
&
WALI. STREET,
CGRNKR OF BROAD, NEW TOBK.
BILLS OF RXCHANOE
And
Morgan
Co., Drexel,
ON GREAT BRITAIN AND IRELAND. FRANCE,
GERMANY, BELGIUM AND UOLLANU.
Issue Commercial and Travelers' Credits
IS siERLiya.
AVAILABLE IN ANY PART OF THE WORLD.
Between
OIRCi;i.A.R NOTKS.
Brothers
769.
Financial.
No. 59 MTALI. ST., N. Y.,
BUY AND SELL
Co.,
BANKERS,
j^Ks'srJKfes,
NO.
20, 1880.
Financial.
Financial.
Phelps, Stokes
MARCH
YORK,
Lichtenstein,
BANKERS,
truilam
Kzcbance Plaee*
new tore.
St., eor.
Make Telegraphic Honey Transfers.
Draw Bills of Exchange i.nd Issue Letters
;n all prtnctpdl cities of Europe.
of Credit
SPECIAL PARTNER,
Berlin.
DEVTSCBUB BANK,
:
THE C^HRONICLE.
ii
XXX
Vol.
Canadian Bank*.
Foreign Bankers.
Boston Bankers.
Merchants' Bank
Nederlandsche
Geo.Wni.Ballou&Co
OF
Handel-Maatschappij,
CANADA.
-
Capital,
Paid Up.
^500,000
-
Prwldent, the Hon. JOHN HAMILTON.
Vice-President, JOHN MijLKNNAN, B8Q.
OFFICE, MONTKEAL.
HEAD
OEOUGE HAGUB, General Manager.
WM. J. INGRAM. Asst. General
BANKERS:
Manager.
ehanae Cable Transfers, issues
Canada
all
of
SncJllscwhere, and issues Drafts payable at any
Diafts
the offices of the bank in Canada, "ematid
every
and
Ireland,
and
Scotland
Issued payable in
collections in
undertaken.
description of foreign banking business
ESTABLISKD
JOHN
B.
Agents.
•^B"""^"-
!
HARRIS
JR.,
i
Bank of Montreal.
($14,400,000, Gold
CARTER,
Youk. January
Skw
AgenM
)
STANTON BLAKE,
HENRY E. HAWLBY,
Brews-ter, Basset
America
)
S
No. 35
Boston, Matm.
BLAKE
Investmeat Securities constaDtTvon
BROS. & CO
Parker
Hong Kong & Shanghai
NEW YORK
Nob. 59
RESERVE KUND
SMITHEKS, General Manager.
C. F.
&
61
HEAD
OFFICE,
JOHN WALTER,
Buy and sell Sterling Exchange, Francs and Cable
Transfers grant Commercial and Travelers' Credits
available in any part of the world issue drafts on
and make collections In Chicago and thraughout
the Dominion of Canada.
;
New York Agency, 62 Wali
nk
British
North America,
No. 6*
GEORGE
WALL STREET.
sell Sterling
do
do
do
Imperial Bank of Canada
Capital,
H,
S.
HOWLANI),
HEAD
;
LONDON,
SAN FRANCISCO
CATHARINES, PORT COLBORNE, ST. THOMAS
rSGERSOLL, WELLAND, DUNNViLLE, FEKGUS.
ST.
BOSTON
Dealers tn American Currency and Sterling Exchange-
BOBANQUBT, Salt & Co.,
93 Lombard street.
I
In
New York:
Wall
street.
Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold or currency draft on New York,
!
P. N.
Nederlandsch Indische
Handelsbank,
AMSTERDAM, HOLLAND.
ESTABLISHED IN
1863.
Pald-rp Capital, 12,000,000 GuUders
($4,800,000 Gold.)
OFFICE IN AMSTERDAM.
In Batavla, Soerabaya and Sama^'ang.
Correspondents In Padang.
Isaae commercial credits, make advances on ship.
ments of staple merchandise, and transact othei
ttnslness of a financial character in connection with
the trade with the Dutch East Indies.
BLAKE BROTHERS
dc
BANK.li:RS
FRED'K
LILIENTHAL,
F.
LOW,
„
I
S
Managers
Mahagers.
aished.
S. Y .
BANKER AND BROKER,
No. 61 STATE STREET,
BOSTON.
RAILROAD BOND S
Co.,
BANKERS
40
STATE STREET, BOSTON.
IN GOVERNMENT SECURITIES
County andBsllroad Bonds,
DEALERS
State, City,
a
information fnr-
Cobbhspondknts— McKlm Brothers * fo.
BBRBD88, Pres't.
S. S.
and
solicited
A. K. WiXiKSR, Cashier.
First National Bank,
WILMINGTON, N. C.
made on
all
parts of the United States
THOS. p. MILLER, R.D.WILLIAMS, JNO.W.MILLEB
CUAS. B. MILLEU.
Thos. P. Miller
&
Co.,
BANKERS,
mOHILX:,
ALABAMA.
Special attention paid to collections, with prompt
remittiinces at current rates of exchange on day of
payment.
Correspondents.— German-American Bank, New
York Louisiana National Bank, New Orleans Bank
;
;
of Liverpool, Liverpool.
U. K.
Pbkzkl.
President.
J
}
STATE BANK,
Incorporated
>
1S75. f
C. T. Waijlbb.
Cashier.
LITTLE ROCK, ARK.
LATE Cashier Blackstonk National Bank)
&
yiRGINIA BECURITIE8
and
Correspondence
German Bank,
Stanton D. Loring,
Chas. A. Sweet
Co.,
SitOEEBS,
ipeclaltv.
Cashier^
Dealer in CITY, COUNTY and
ANu
BALTIK.ORE.
INVESTMENT
Boston Bankers.
CO.,
Agents por North Amzrica,
B4 WALL STREET, NHW YORK,
88 STATK STREET, BOSTON.
$6,000,000.
1,700,000.
IGNAT/. STEINHART,
HEAD
Agencies
California St.
Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favor-
ableterms.
Foreign Bankers.
«s
Agents, J. & W. Selisman & Co.
Corresiiond'ts, Massacliusetts N. B'k.
Authorized Capital,
Paid up aud Reserve,
Bank of Montrkal,
59
Office,
NEW KORK
&
Wilson, Colston
Collections
HeadOflice, 8 Angel Court.
Ajents
Southern Bankers.
Agent.
(LIMITED).
BSANOHBS
:
BRANDER,
Boston. Mass.
Anglo- Californian Bank
OFFICE, TORONTO.
Agents In London
STOCK BROKERS,
THE
WILKIE, Cashier
Curtis,
SIMMONS' BUILDING,
UNION BANK OF LONDON.
do
New York, BANK OF NEW YORK, N. B. A.
de American Exchange Nat. Bank.
$1,000,000.
President D. A.
L.
&
Jackson
Street.
Issues Commercial and Travelers' Credits available
in any part of the world. Draws Exckange, Foreign
and Inland, and makes Transfers of Money by Telegraph and Cable. Gives special attention to Gold
and Silver Bullion and Specie, and to California
Collections and Securities; and arranges to pay
Dividends on such securities at due dates.
Bankers, London, SMITH, PAYNE &. SMITHS.
Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland,
also on Canada, British Columbia, Portland, Oregon,
and San Francisco.
BBls collected and other hanking business transD. A. MCTAVISH, } Agents
acted.
A„ent«
{
W. LAW SON,
Bay and
BOSTON.
Invested In U. S. Bond*,
$3,500,000 Gold.
SurpluH,
or
EXCHANGK PLACE,
No. 7
OF SAN FRANCISCO.
AGENCY OF THE
H. Peck,
F.
BANKER AND BROKER
The Nevada Bank
No. 9 BIrcliln I<ane.
Ba
St.
Banks.
Caliloriiia
;
Offiee,
ARcnt, 59 Wall
Stackpole,
BOSTO:V
Saigon,
Francisco and London.
&
hapit.
DEVONSHIRE STEEET
No. 68
collect Bills payableat
)
Boarcl
BANKERS,
HONQ KONG.
OFFICE,
and negotiate or
The Corporation grant DraftsCalcutta,
Singapore,
Bombay,
Manila, Hong Kong, Fooehow, Amoy,
Ningpo, ShanKhal, Uaakow, \ okohama, Hiogo, ban
WAl.1. SXKEET.
WALTER WATSON, ! Agents.
A. Lang,
London
$6,000,000
1,400,000
CAPITAL (paid-up)
President.
Commercla>
Orders executed on Commission at Brokers
BANKING CORPORATION.
6£0KGE STEPHEN,
Bonds, Qold and
aaper.
Auctions, and Private Sale.
AMSTERDAM, HOLLAND
N. T. Correspondents.— Messrs.
Co.,
CONGRESS STREET,
Dealers in Stocks,
COMMISSION MKKCIIANTS
&
ANKEBS,
B
Yorh.
Adolph Boissevain & Co,
B A N
Geo. H. Holt.
for
\
New
KEK
and interest Allowed.
Wm. Balloc.
Geo.
St.»
BOSTON.
RAILROAD and MUNICIPAI*
SECURITIES For Sale.
1, 1879.
142 Pearl Street
Office,
CUoIce
)
;
$18,000,000, Gold.
5,000,000, Gold.
-
CAPITA!.,
SVRPI-VS,
DErosiTS Received
1824.
Execute orders for the purchase or sale of MerchanIn the
disc Bonds, Stocks, and other securities,
Collections,
TTnlted states, Europe and the East make
advances
buy and sell ForolKn Exchange, and give
Merchandise r'or Kxport.
nnon Mcri-u.u
_
upon
g
7* Devonshire
NEVr YORK.
Paid-up Capital, 36,000,000 Florln».
New Yorfc Agency, 48 ExctoaDee-place.
HENRY HAGUE,
WaW Street,
OF HOI4I.AND,
(jj^jyj.j5
Banking Comp'y.
LONDON, ENG.-The Clydesdale
N. B. A.
HBW YokK-The Bank of New York. Sterling
Exsells
The New York Agency buys and
Credits available in
Mrts of the world, makes
The Netherland Trading Society
BANKERS,
8
CAPITAL
$7S,000»
(Paid-in)
2S,000.
SOBPLUS
Prompt attention given to all business In our line.
N. Y. CORKEspoNDKNTs, Donnell. Lawson & Co. and.
hp
Met.'-onnllt.an Nfttlonal Bftnlc.
Financial.
Fred.
H. Smith,
BANKER AND BROKER,
No. 13
BROAD
ST.,
NEW
YORK.
RAILROAD SECURITIES
(An Intimate knowledge of
all
for the past 10 Years
A SPECIALTY.
Investors or Dealers wishing to buy or sell areState, Municipal and.
invited to communicate.
Railway Bonds and Coupons bought and sold at best
Market Rates.
I
;
MABcn
:
THE CHRONICLE.
1880. J
aO,
Flnunciai.
Financial.
John
J.
•
&
Cisco
BO:VIM OF SI/RETYSIIIP
Son,
VESTMKNT SKCUKlTlfiU BOUOUT AND iULU
ON COMMIBBLON.
&
Kennedy
S.
Co.,
Baakers aud HercliantB,
WILLIAM STREET,
No. 63
New York.
BUY AND SELL
mrESIUENT
XilLHOJiB
coLLicT Coupons ahd
For OlHcors and Empiofce* of Banks
and Hallways.
No Bavk oh raimioau
business rclatlnc to
St:itETIEH,
DmciNDs
Construction »nd
reputalile Securities boiinlit
LOANS
MAKKET.
62
BANKERS,
William Street, New
Co.,
Tork.
and dividends'; also as transfer agents.
Bonds, stocks and securities bougkt and sold on
<t*mmi9sion.
Sound railroad and mnnicipal bonds negotiated.
8terlii>g exchange bought and sold. Drafts on
Union Bank of Lonckin.
and sold
In tlic
&
OI'E.N
Foote,
STREET,
&
Bro's,
BANKERS,
No. 43 Exctiange Place, Neir Tork.
Stocks, Railroad Bonds, Governments, and all Seeorities dealt in at the N. T. Stock Exchange, bought
•nd sold, either for investment or on margin.
Have been connected with mining since the dis'
eovery of the famous Comstock Lode, and also
pioneers in the celebrated Bodle district, in which
are located the "Standard," '* Bulwer," "Bodie,''
and othor well-known mines. Letters and telegrams
from these distriots received daily. Orders executed direct at the San Franci«co Stoak Exchange
Platt K. DICKINSON",
Howard C. Dickinson,
Members N. T. Stock Exchange and N, Y. Mining
Stock Exchange.
Clinton B. Fisk
&
Co.,
BANKERS,
Drexel Bulldlns.
DEALER.S IN
tloii,
capital,
1
Co.,
single contest at law.
BANKERS,
CEDAR STREET.
The Available Assets of the Company (at
Slit Dec, 1878) over and above uncalled
Capital,
And
In addition to a General Banking Business, bny
and sell Government Bonds and Investment Securi-
iBoodtjt
R. A. Lancaster & Co.,
BANKERS AND BROKERS,
66 BROADVPAY, NEW YORK,
260
T
Bonght and Sold on CommlMloa.
Virginia Tax-Sectivabie
Ooupom Bought.
ATTENTION GIVEN TO
FUNDING VIRGINIA AND NORTH
CAROLINA STATE BONDS.
YORK AND BALTinORE,
Stocks. Governments and Miscellaneous Securities
bought and sold on commission.
NEW YORK UOUSE
:
43 ivew Street.
H. H. HOLLISTER,
ROBEllT B. HOLMES.
Members
of
21
Kimball, Howell
H.
C.
II.
HOILISTEU.
£8 Broadway, cor. Exchange Place,
TRANSACT A GENKRAL BANKING BUSINESS,
INCLUDING TIUC PURCUASK AND SALE OF
BTOCKS AND BONDS FOR CASH OR ON MAReiH- BUY AMD SELL COMMERCIAX PAPER.
D. A. BOODT,
Box
BROOKLYN
C.
W. UCLXLLAH, JB,
Beers, Jr.,
SECURITIES, CITY
Gaa Stocks, dee.,
BONDS,
HAS BEMOVBD TO
N*.
May
1,
1879.
I
J. P.
Members
N. Y. Stook Ezohaage,
BROADTVAY AND
H.
ExetaanK«
L. Grant,
No. 145
BROADWAY,
NEW YORK.
CITT RAILROAD STOCKS & BONUS
BOUGHT AND SOLD.
See quotations of City Railroads In this paper,
NEW YORK,
ST.,
(Drexel B0iu}Dra)
EDWARD POUEBOT, W. H. COX, JR., OSCAR B. SMITH,
Pomeroy, Cox
Investment Securities.
&
Smith,
BANKERS AND BROKERS,
Special attention given to Defaulted Railroad and
Municipal Securities of Illinois, Kansas, Missouri,
Iowa and Nebraska.
Correspondence solicited and full information
given on all classe* of bonds and stocks.
BROAD STREET.
No. 37
'WALSTON H.
BROWN.
Walston
New England & Western
INVESTMENT
17 NEW^ ST.,
AH Seenrlttes dealt la at the
F. Zebley, Jr.,
Tork,
Co.,
Bbt, Sell and Caurt on Margins
Stock?, RaHroad Bonds, GoTernments, and all Securities dealt in at the New York Stock ExoiianRe
bought and sold for InTestraent or casried on margin, strictly on commission.
New
&
Howsll, N. P. Hendbbsox,
FRED, A. BROWN.
H Brown & Bro.
.
BANKER*,
New
CO.,
11 Pine Street,
York.
447.
RItFBBK LKLAND.
N. T.
H. Kimball,
68
STOCK AND BOND BROKERS,
92 BRO&BlFAir, NEW YORK.
Dealer In
St.,
BALTIMORE HOUSE:
21 Sonth Street.
S. H. DUXAN,
New York Stock Exchange.
BROAD
DEEXEL BUHDINO,
22
Negotiable Securities, ON COMMISSION.
Mr. ,I.M. Drake has been a member of the New
York Stock Exchange' since 1853, and will give personal attention toall business entrusted to the ifnn.
Coleman Benedict & Co.
John
AND
New York.
BUT and SELL RAILROAD STOCKS and BONDS,
U. S. GOVERNMENT, STATK. CITY, and all other
Co.,
BANKERS AND BROKERS,
NEW^
& Co.
BANKERS,
Wall
&
Co.,
yamesM. Drake
IXTEREST Allowed on Deposits.
Hollister
&
BANKERS AND BROKERS,
W^all St., Cor. New, New York.
INVESTMENT SECURITIES.
•Special attention to business of country banks.
SOUIHSRN SECURITIES A SPXCIALIT.
LOANS NEGOTIATED.
H. H.
HEAD OFFICE:
James Street, IVIontreal.
EDWARD KAWLINOS, Manager,
St.
Orders executed at the Stock and Mining Exchanges.
So*
9470466
to December UOth, 1B78,
Just published.)
A. H. Brown
DEALERS IN
Flrst-CIaas Investment Securttles.
Q'JVKKNMENT BONDS, STATK, CITY', COUNTY,
RAILROAD* MISCKLLANBOHS SBCUK1TUS8
5
&
BANKERS,
$110,OM
Government
PnosPECTUS, FOU.MS, Ac, may be had on appUoa-
ties.
BANKER AND BROKER,
P. O.
were
the Gross Resources
(See Heport to
JAS. MOGOTERN, JR.
COLKMAX BESHDK-T,
GOVERNMENT AND INVESTMENT SECURITIES Member
N. Y. Stock and Mining Exchanges.
BUY AND SELL ON COMMISSION,
For cash or on margin, all securities dealt In at the
New York Stock Exchnnge. Brokers In Stale, Kailway, Municipal, Mining and Miscellaneous stocks
and bonds.
many
and has amnio reserves, over and above it!
to provide against excoptu.nni reverses.
he most complete and reliable Information Is obtained as to the anteeedenlii of Employees, and this !•
really of the first Importance to the Kmploier a<
ul.io the system of pcrloillcal supervision and
revliIon of those on the Company's Books.
Over $100,000 have already been paid by thia Company for losses by unfaithful employees, without
a
BUT An> eBLL
GOVERNMENT BONDS, STOCKS AND MISCELLANBOUS SKCURITIKS,
Oilman, Son
AT A
VS
NirM.
'I
by
This company's Hu;.
and
No. 12 TTALI.
FOR AIX
811 IIIITV
of the principal U. S
H and some
or the Ha Iks. In CunudH Its Uonfls are now almost
uniyirsally rcmilred by the Governments, Bank*,
Railways, and Comnierciul Inntltcitlcns
TUB CANADA Ol'AltANTEE CoMI-ANV th« ontU
Company on the American Contlnont Isthat
ha«
successr.illy conducted this business.^i remit
o»
which Is that It has been able to establlMh a Htmu*
svstem for those who have been .i or more ycara OD
the books, whereby the subxeiiuent premiums «r<r
annually rcduced.-t/ir rr,l\(eU<jn IhU v<ur ii Irom 18
til .1,1 iitr Cf'ut int the ttmmt rati.
The iidvuntuges of transacting business
this
Company are tTiat It Is a well.e!rtabll.hedwith
Instlta.
fSr SPECIAl.
Dickinson
Street,
ol
ELlGliU.K ME.N l\
THIKI.ING (I;
tlon to the
Acconnts and Agency of Banks, CorporailonB,
flrmB aad indiriduals received upon favorable torma.
Dividends and Interest collected and remitted.
Act as agents for corporations In paying coupons
Vo. 3 Broad
grants BONDS
CO.MMKKCIAL I'ArKH
negotiated. Interest paid on DEPOSITS subject tu
check.
Wn.LIAM B. HATCH.
FRANK JBNKINS.
THOMAS H. BOUDEN.
63
&
York.
Purchase and soli, on ri.mmlsaion, GOVERNMENT,
Equipment o/ RaliroHds undertaken.
Jesup, Paton
New
No. 25 Pine Street,
AH TUK
Canada Guarantee Co.
STATK, MlNKll'AI. and KAII-UOAl) KIINDS
and STIX'KH, and nil clnsses of Securities dealt In
at the NEW YoKK STOCK KXCll ANUK. or all
Hatch
SECXTHITIES
tlio
Bmi>(.oyek Neep abk his
hHIE.ND8 TO MeCOME Oil CoNTI.VL'E Ul8
BANKERS,
MBQOTIATK LOANS AND DRAW BILLS Of
MCHANQB ON LONDON.
AU
Financial.
BANKERS,
TTo. £9 IVall Street, Netr York.
DKPOSITS ItK(;KIVKI> SIIB.IECT TO CHECK AT
«IOUT, AND LNTKltKST ALLOWBD ON DAILY
BALANCES.
OOVEKNMKNT BONDS. STOCKS AND ALL IN-
J.
m
NEW STREET,
NEW
YORK,
NOS. 31
No. 19
AND
33
PINE
ST.,
NEW YORK,
SPKCIAL ATTENTION GIVEN TO THE NEGO.
CONGRESS STREET, BOSTON,
TIATION OF
UNION BUILDING, CHICAGO.
RAILROAD SECURITIES.
CAPITAI, STOCK, - - . $200,000
Offers to Investors onrcfuHy-selected securities
bearing from 6 to 8 per cent interest. Investment
corporations. Correspondence solicited.
_ °'^*"
Jon.N C. SnoiiT, l're..ldent,
{ „
GSQMGE W. Debevoise, V. Pres., J "^^ '
t,uciU!i L. HcBBAiiU, Asst. Vloc-Pres., Boston,
Wm. p. Waisos, Sec. aac| Trea»., Chicago,
D. Probst
&
Co.,
STOCK AND BOND BROKERS,
Securities bought and sold on commission. Settlements made tor holders of defaulted securities.
Will act us agents In funding and reorganizing debts
of municipalities, raiircad companies, and other
J.
No, Be
^
I
XXC3IANGB PLACB,
NBW
TORK.
BTOCKS, RAILROAD BONDS, OOTBBinC»ni, A1H»
Misc«iJjm««i?s aamuaae, Bowaa? AJn> 8oi».
:
'
THE CHRONKJLE.
Financial.
Flnaneial.
CO.
UNION TRUST
YORK,
NEW
OF
No. 73 Broadwray, Cor. Rector St.
$1,000,000.
CAPITAL,
HAS SPECIAL PACIUTIK8 FOR ACTINQ AB
Trfui§fcr
Agent and
Rcgltitrar of Stocks.
Aathorlced tij law to act as Executor, AdmlnHtraand Is a
tor. Guardian, Receiver, or Trustee,
I.EGAI.
DEPOSITORY FOR MONEY.
Interest allowed on Deposits, which may be made
and withdrawn at any time.
„ ,_.
N. B.— Checks on this Instltotlon pass throni^n the
Krau, lYMtiient.
ciearlng-Housc.
Vice-PreiUlent.
l«l
McLiAN,
J. M.
BDWAKD
J.
H. OoiLViB,
M
VlceJPresUent.
HALi' PER CE.NT on the capital stock of thte
Union Paelflo Railroad Company will be paid on and
after
April
March
20, 1880.
«ko. Cabot
B. B. Wkslky,
O. 0. Williams,
Waeb
Wood.
A. O. BONA1.BSON, Secretary.
O. D.
The Brooklyn Trust Co.
April
MontaRue & Clinton sts., Brooklyn, N. Y.
.
M
CH^.
TRUSTEES:
Kendall, Henry Sanger, Alex. McCue.
Chas. B.Marvin. A A. Low.
John P. Rolfe,
Thomas Sullivan, Abm. B.Baylis, HenryK. Sheldon
H. B. I'ierrepont, Dan'l Chauncey, John T. Martin,
Alex. M. White, Josiah O. Low, Kipley Ropes,
Austin Corbin. Edmund W. Corlies.
WM. R. BUNKER, Secretarf.
Wm. B.
2.
Treasurer.
Kountze Brothers,
BANKERS,
13 VTAIil.
STREET,
iBBoe Commercial and Travelers* Credits available
In an parts of the world. Draw Time and Sight Bills
Credit
on the Union Bank of London, and
LyonnalB, at Lyons or Paris. Make Cable Transfers.
on^e
Gwynne & Day,
Transact a general banking and brokerage busii^sa In Railway Shares and Bonds and GoTernment
stock of the company also, an additional dividend
of ONE PER CENT from the earnings of previous
years Invested in lands and now realized, both payable on the 15th day of April next to stockholders
books.
registered as such at the closing of
Transfer books will be closed on the 31st Inst, and
re'opened on the 16th day of April next.
J. B. DUMONT, Treasurer.
securities.
GAS SECURITIES,
STREET RAILROAD STOCKS AND BONDS
AND ALL KINDS OV
BROOKLYN
SECURITIES,
DEALT IN.
SEE OAS QUOTATIONS IN THIS PAPBR.
Co.,
BANKERS
AND
COTTON COMMISSION MERCHANTS,
34 PINE STREET,
New York.
and
BONDS
At Auction.
TBe Undersigned hold
SALES
REGULAK AUCTIOM'
of all classes of
STOCKS AND B O K D S
ON
WEDNESDAYS AND SATURDAYS.
ADRIAN H. MULLER
No. 7
PINE STREET,
&.
SON,
NEW YORK.
19
TTANTED.
Toledo Logansport & Burlington Bonds.
Union A Logansport Bonds.
Rome Watertown A Ogdensburg Bonds.
Flint A Pere Marquette Bonds and Stock.
Ind. Bloomingt'n A West. Old and New Securities
New York A Greenwood I.,ake Securities.
New York A Oswego Midland Bonds.
New Jersey Midland Bonds.
Company
LAW
TTANTED
10, 1S80.
Fort Wayne Jackson & Saginaw RR. Boays,
St. Joseph A Western Railroad Securitid^
Atchison & Pike's Peak KH. Bonds, Stock and Scrip.
New Jersey Midland Railroad Certiflcatcs.
New York & Oswego RR. Bonds and Certificates.
International A Great Northern Railroad Stock.
Indianapolis & St. Louis Railroad Bonds.
Kansas & Nebraska RR. Bonds and Stock.
Indianapolis Bloorainpton A Western RR. Bonds.
City, County and Town Bonds of Western States.
City of Winona, Minn., Bonds.
City of St. Joseph, Mo., 7 and 10 Per Cent Bonds.
City of Atchison, Kansas, Old Bonds.
Wja. R. VTLEY, 31 Pine
ROCHESTER,
Wm.
February, 1880.
FRh>.>I
S.
our Arm, and his interest therein ceases ftom
BARNES RETIRES
Mr. J.
Partner In our Arm.
,
,
21
continue
account, as Banker and Merchant, at No. HO Pine
street. Orders for the purchase and sale of Investment Bonds, Stocks and other Securities will be
promptly executed. Personal Inspection of and
Special Reports upon Railroad Properties will be
made, and all business connected with the construction and equipment of railroads and their reorgan^
t
IT
C. Noyes,
NASSAU STREET,
Trust Companies' Stocks,
Telegraph Stocks,
Railroad Stocks and Bonds
will
ization will receive careful attention.
N.
Gaslight Stocks,
JOHN S.
TJEFERRING TO THE ABOVE,
in business on his own
XV BAR.NKS
St.,
BUYS AND SELLS
.
day admitted a
KENNEDY A CO.
Is this
J. S.
:
Louisville New Albany & Chicago RR. Stock.
Flint A Pere Marquette Railroad Bonds.
Central Railroad of Iowa Bonds.
Port Huron & Lake Michigan Railroad Certificates.
New York, Z8th
this date.
NASSAC STREET,
17th March. 1880,
Treasurer.
KENNEDY TOD
COaUAlID,
street, St. Lonls, ISo.
BASE.MENT,
Secretary.
ings of the three months ending March Slst inst.,
payable at the office of the Treasurer, on and after
the 15th day of April next, to shareholders of
record on the 20th day of March Instant.
The transfer books will be closed at three o'clock
on the afternoon of the 20th day of March Instant,
and opened on the morning of the 16th day of April
MR. JOHN
Dl!"
Highest market
(iive full description, autf
Deals in Investment Secnrlties and
Ronds Generally.
and ro-open
The Board of Directors have declared a quarterly
dividend of One and Three-Fourths Per Cent upon
the capital stock of this company from the net earn-
and after
STREET.
Albert E. Hachfield,
UNION TELEGRAPH
R. H.
WALL
L. A.
BANKER AND BROKER,
124 N. Tliird
has declared DIVIDE.VD No. 4, of THIRT V CENTS
& CO.,
per Share, payable atth3 offlce of L All)
12 Pine street. New York. 24th inst., on all stock
Issued from the New York transfer iwency.
Transfer books will close on the 22d and re-open
on the 25th inst.
A. HEMME, President.
next.
;
RORG,
MISSOURI and ILLINOIS
price paid for them,
address,
THE FATHER DE SNET
COMPANY. New York, March
DIVIDEND No. 51.
dc
AV ANTED
All kinds of
OOOi.orONE DOLLAK PER
fourth month's net earnings, payable at the Central
Trust Company, on tlie 27th of March.
WESTERN
'
and MobUe
FAULTED COUNTY BONDS.
18. 1S80.
Consolidated Gold mining
N.T.
Orleans Ronds.
S«
TWO
30.
New
LEVY
DOLLARS ($200.TWO HUNDKKl) THOUSAND
SHARE («1), out of the
March
St.,
& Onto Railroad Konds
City of
Nos. 51 to 57 Boreel Building, No. 113
San Francisco,
AXD
&
niissiaslppl Central,
CHRYSOLITE SIMERMININGCrt.,
20,
Rroad
Alabama, Sontli Carolina & Lonlslana
State Uonds;
New Orleans Juckson Sc Gt. Nortliern,
stock of this Company, amounting to ONE HUNDRED THOUSAND DOLLARS (HOO.OOO), or Fifty
Cents per Share, out of the second month's net
earnings, payable at the Central Trust Company on
the 25tli Inst.
Transfer books will close March 21 and re-open
DE KAY. Secretary.
March 26.
DRAKE DB KAY,
4
WANTED:
of Trustees have declared a regular
PER
DiVlUKNl) (No. 5) ot
the TEN MILLION DOLLARS (S.10,000,000) capital stock of this company, amounting to
GAS STOCKS
STOCKS
TOREY & KIRK,
Rooms Nos. 51 to 57 BuREEL BUILDING,)
No. 115 Broadway, New York, March 15, 1880. j
The Board of Trustees have this day declared a
MONTHLY DIVIDEND (No. 2) of ONE Per Cent on
the TEN MILLION DOLLARS (»10,000,000) capital
Transfer boolis will close March
Pacific RR. Stock and Scrip.
Little Rocit RR. B'ds and St'cll.
Treasurer.
CENT, on
BROAD STREET, NEW YORK.
and Scrip.
Central RR. ot Iowa Bonds and Stocls.
New Jersey Midland RR. Bonds and Stocli.
City of Memphis (Tenn.) Bonds.
Omaha i& Northwestern RR. Ist.Mort. Bde,
St. Louis &: Southeastern RR. Ist M. Ctfs.
T ITTLE CHIEF MINING COMPANY,
Rooms
&
Memphis <&
March, 1880.— The seerind Quarterly Dividend of
(2>^) TWO AND A-HALF PER CENT on the Capital Stock of this Company will be paid to the stockholders of record on and after the 1st day of April
next, at the ofiice ot the Central Trust Cumpiiny of
New York, No. 15 Nassau street.
The transfer book.* will be closed at the said office
at 3 P. M., on the 24th March, and remain closed till
10 A. M. on the 1st April next.
MONTHLY
Geo. H. Prentiss,
Dodge, Potter
Stocli
ELEVATED RAILMETROPOLITAN
WAY CO., No. 71BitOAnwAV. New Yokk, 18th
The Board
Interest allowed on deposits.
In-vestmentB carefully attended to.
24
WANTED.
Lafayette Mancic &. Blooniiuffton Railroad
Texas
BROADWAr, New York, March
Street.
Texas Bonds.
DRAKE
No. 45 Wall Street,
fEstablialied 1854.)
STANTON, 19 Nassau
STATE, RAILROAD, COUNTT AND
mUNICIPAI. RONDS
SOUGHT AND SOLD.
J. C. CHEir, 29 Rroadwar.
-^
NEW YORK,
CO.,
Wanted by
J. S.
per cent) has this day been declared upon the
BODY.
<fc
20 Nassau street.
NEW JERSEY MIDLAND
FIRST, SECOND AND THIRD MOBT. BONDS
STOCK AND NOTES,
No.
FFICE OF THE DUBUQUE & SIOUX
CITY RAILROAD COMPANY, No. 52 William
Street, New Youk. March 10, 1880.— NOTICE.—
A Dividend of TWO AND ONE-HALF PER CENT
E.
Co.,
FOR SALE BY
WINSEOW, EANIER
15, 188e.
JOHN
BR.
Pacific
United States gold coin of, or eaual to, the present
standard, or In London or Frankfort, at the option
of the holder.
Issue limited to 912,000 per mile of completed
road in actual operation.
The official returns for the six
montlia ending January 1, 1880,
show net earnings of
S46tf ,283 38
The Interest on the bonds for the
same period amounted to
48,7''20 00
;
is authorlied by special charter to
act as receiver, trustee, guardian, eiecutor, or administrator.
.
It can uct as agent in the sale or management
real estate, collect Interest or dividends, receive
registry and transfer books, or make purchase and
sale of government and other securities.
Religious and charitable institutions, and persons
nuaccustomed to the transaction of business, will
and this Company a safe and convenient depository
RIPLEY ROl'BS, President.
for money.
B. MArVin. Vlce-rres't.
Edgar M. Cullex, Counsel.
This Company
&
1005.
Coupons May and November, Registration of
Bonds orovided.
Principal and interest payable in New York in
Holders of certificates of stock In the Union Pacific Railroad Company and the Kansas Pacific Kailway Company will notice that the above dividend is
payable only to stockholders In the Union Pacific
Railway Company, and that it will be necessary in
order to obtain said dividend that their certificates
be presented for conversion into Union Pacific
Railway Company stock on or before March 20.
(2>^
Cor. of
DUE
Now York atockholders will be paid at the Union
Trust Company, No. 73 Broadway, and Boston
stockholders at the Company's Office, No. 44 Equitable Building, Boston.
Stock books will bo closed March 80 and re-opened
Boston, March
Wm. WniTKWMGHT,
OF TDE
Denver Sonth Park
record
atockholders of
to
1880,
1,
HENRY McFARLAND,
Sajtuki, Will«t»,
M. MoLkan,
AtjaUSTDS SCUEIX,
Financial.
PACIFIC RAILROAD COin- SEVEN PER CENT FIRST MORTGAGE
PANY.— A DIVIDEND OF ONE AND ONESINKING FUND BONOS
UNION
EXECUTIVE COMMITTEE.
J.
XXX
[Vol.
also.
Ail
of Investment and Mlscellaneons
Securities not actively dealt In at the Now
York Stock Exchange.
classes
1
pjtanrtaD
xmtm
^H
HUNT'S AIERCHANTS' M4GAZ1NK.
EEPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
(Entered, according to act of Congress, In tUe year 1880, by
VOL.
Wm.
B.
Dana ds Co.,
In the office of the librarian of CongreaA,
SATURDAY, MARCH
'60.
CONTENTS,
There
20,
Washington, D. CI
NO.
1880.
769.
one prominent fact which bears upon the
is within the knowledge of every obTHE CHRONICLE.
server, and that is, that the securities being dealt in on
287
Tlie Dictator in Rnssla
The Money Marbet and Wall
2S7 Wall street have as a whole appreciated in value fully as
283 Taxing of National Banks
Street
Latest Moiiot;iry and CommerConsmnption of Cotton in
288 much as in price.
284
cial English News
It is not a baseless speculation that
America
Flv<^ Cents on Elevated Roads. 28.'5 Commercial and MisceUaueous
288 has been in progress there.
2H»i
News
do not claim that there
Taxation of Life Insurance
THE BANKEeS' GAZETTE.
are no prominent exceptions, and yet the decided imQuotations of Stocks and Bonds 29."?
Money Market, U. 8. SecurlI>ocal Securities
2iU provement, which is so general, has the support of a real
tiea. Railway Stocks, Foreign
Iiivestmenta, and State, City
Exchange, New York City
Corporation
Finances...
295 business revival which is universal.
and
Bank8,etc
200
good illustration
is
question, and which
We
A
THE COMMERCIAL
TIMES.
30.")
299 Dry Goods
300 Imports, Receipts and Exports 300
301
Commercial Epitome
I
The Commbrcial and FmAsciAL Chronicle
day morning, with
the latest
news up
to
is
issued every Satur-
midnig/U of Friday.
[Entered at the Post Office at New York, N. Y., as second-class
mail matter.]
TERMS OF SUBSCRIPTION-PAYABLE
IN ADVANCE:
$10 20.
For One Year (including postage)
do
6 10.
For Bix Months
£2 7s.
Annual subscription in London (Including postage)
do
do
1 8s.
Six mos.
do
Subscriptions will be continued until ordered stopped by a written
order, or al the publication office. The Publishers cannot be responsible
for Remittances unless made by Drafts or Post-Oflioe Money Ordere.
'
London
OfBce.
Tlie London offloe of the Chkokici.k is at No. 5 Austin Fi-iars, Old Broad
Street, where subscriptions will be tiiken at the prices above named.
AdTerl isemcnts.
WILLIAM
>
79
J
ft
DANA
B.
& 00., Publishers,
TORX.
81 William Street,
NEW
Post Okficb Box 4592.
cover
furnished at 50 cents postage on the same
^^ A neat
Volumes bound for subscribers at $1 20.
is
file
is
;
IScents.
^°
For a complete set of the Commkrcial and Financial CnHONi1865, to date—or Hdnt's Merchants' Maoazinb, 1839 to
1871, inquire at the office.
cus— July,
THE MONEY MARKET AND WALL STREET.
There seeras to be a disposition among most people to
Wall street as the only active agency in
producing the present peculiar position of the money
market. Railroad Ntocks and bonds have appreciated
largely in value, dealings have been very extensive, and
the quick conclusion is that these securities have absorbed loanable funds to so great an extent, that relief to
the money market can only come, and will come,
through a general decline in the prices of such securities.
single out
Are there not reasons for doubting the absolute
ness of this conclusion ?
is
if
better to
for
relief.
the
This
is
it
correct-
an important inquiry,
prevailing impression
know
month. Besides, we all know that securities
which were almost hopelessly unremunerative eighteen
months ago are now earning and paying interest, while
those that p.iid then, are showing largely increased
strength now. If the fact that a bond earns its interest
or a railroad stock earns a dividend, or has good promise
that it will soon do so, is a guage of permanent value,
then we think it must be admitted that the average
security dealt in on Wall street is not being run up by a
wild speculation, and will not lose its value more than
temporarily' in c.ise of a monetary disturbance.
A similar situation of the money and stock markets was never
month
to
much to support the ruling pricea as
now.
Furthermore, we do not believe that our banks are
concurrent with so
there
is
is
erroneous,
and not look to Wall
it
street alone
Wall
heavily loaded with doubtful
small margins.
Transient advertisements are published at 25 cents per line for each
insertion, but when definite orders are given for five, or more, insertions,
a liberal discount is made. Special Notices in Banking and Financial
column 60 cents per line, each insertion.
because
we publish from
I
Cotton
Breadstufts
WILLIAM n. D,iNA,
JOHN G. FLOYD, JR.
of this truth are the railroad earnings
We
know
it is
street collaterals
on
not true of our more con-
and we should reach the same conall of
them, from what we
actually know of the situation outside of the banks. In
the first place Wall street prices are in a great measure
sustained by the investment demand which is remarkAn unusually large
able in its continuance and extent.
number of the securities being bought are taken out of
Wall street. Of the best bonds and stocks it seems as
This may be
if there were only buyers and no sellers.
accounted for in part by the very considerable exchange
of investment in progress from United States bonds
servative institutions,
with regard to
clusion
convertible
bonds.
during the next two years, into railroad
classes of governments our banks are
Of these
now
carrying increased numbers, the former holders
having thus thrown them on the market. Then, again,
with the legal rate of interest six per cent, there is so
active a demand for money that no need exists for a
money-lender taking
doubtful
higher than the legal rate
dency
is
to
is
securities,
require additional safeguards,
transaction does not have the
Altogether, therefore,
it
is
and where
secured, the natural tensince the
protection of the law.
safe to say that our banks
to-day are very well secured, and are not helping on
narrow, doubtful margins a Wall street speculation.
by
—
THE CHRONICLR
284
[ToL,
XXX.
a class of values ruling which are
far more speculatiTe and doubtful in character than the
prices of railroad stocks and bonds, and yet they are
supported by speculations which could only be carried
sources of change in consumption from year to year
one due to the general profitableness or unprofitableness
of the trade, and the other to the average size of yarn
This
tion fatal to even remunerative values next year.
same result is also to be feared in cotton. For iron the
demonstration.
To our mind
there
is
—
spun. For instance (1) some years the existing spindles
values,
may not be all employed, while all other years even extra
merchandise
We
refer
to
of
banks.
help
by
the
on
many of which are to-day so unreasonably high as to time, and running night and day, may become the rule;
threaten serious consequences unless discouraged by our or (2) one year the demand may run on fine goods, and
Look at breadstuffs, provisions, another year on coarse goods, that is the coarse or fine
financial institutions.
cotton, building materials, &c.; one after another has becomes the more profitable, and in that case all the
been taken up, cornered or otherwise forced up, until as machinery suited to the manufacture of the more profita result the country is likely to be a serious sufferer. A able article will be turned on to it. Those who, womanhouse or factory cannot be constructed to-day much, if like impulsively jump at a conclusion as to consumption,
any, below the values prevailing previous to the panic. forget that these conditions are also governed by as exact
This must check the development of the building and rules as the action of the spindles themselves, and that
manufacturing interests. Breadstuffs have been held off the only room for the least uncertainty is in measuring
the market until it is doubtful whether we can dispose the comparative activity, which uncertainty can be
of our surpln?, while at the same time the prices that reduced to very narrow limits by proper investigation.
have ruled are stimulating a planting, not only here but Let us briefly examine these two points, and see if a
all over the world, which promises to bring in a produc- result with regard to each is not capable of quite close
demand
has been
exceptional, while the
supply was
that a decided advance in values was inevi-
And
first,
how
does the time of running compare this
season with last season
made money
?
It is notorious that the
The season
mills
opened
Bat now the change in the relation of supply and with cotton relatively high, low middling being quoted
table.
demand has taken place, and the longer the present in New York at 11 15-16 the first of September. Soon
exorbitant prices are sustained, which are flooding us after, however, the decline set in, middling uplands
•with foreign iron and steel, the greater will be the dis- being 10^ October first, 9^ November first, 8^ December first, 9 1-16 January first, 9^ February first, and
aster later on.
In a word, the grade of cotton
In a word, then, the condition of our merchandise mar- 9 7-16 March first.
kets is very disturbing and unsatisfactory, and decided probably used averaged the spinner during all those
relief will be afforded when merchandise values and months say about 9 cents, while he was getting 7^ to 7^
stocks decrease. It is not impossible that the return cents for standard sheetings. Subsequent months the
movement of the funds sent out from here last Fall may margin in the spinners' favor was very much greater.
in this way be started. That money is not permanently But taking cotton at 9 cents, and standard sheetings at
limited, so
lost
to
sight or absorbed.
It
is
partly locked up in
year.
all last
of 1878-9
the lower price, 1^ cents, the profit to the manufacturer,
and the remainder of it will after deducting cost of selling, &c., would be over one
;
That fact must be sufficient, without
brought
out
of concealment with the pur- cent per yard.
probably be
chase of Spring supplies by planters and farmers of the any outside evidence, to prove that spindles were kept
active during last season.
It is scarcely necessary to
South and remote West.
carrying merchandise
manufacturer pushes
machinery to
There
CONSUMPTION OF COTTON IN AMERICA.
was a temporary suspension in the Summer, through the
Last week we gave some interesting figures with strike at Fall R ver but new hands were very soon supregard to European consumption of cotton, based upon plied to one half the capacity of the mills, and it was not
Mr. Ellison's circular for this month. Of course every very long before all were again on full producdon. Comsuch statement is in one sense an estimate, and yet the paring, therefore, in this particular, last year with this
doubtful element is reduced to a minimum when the year, there would seem to be no great difference. Full
aflirm that the
its full
capacity
when he can
his
clear a cent a yard.
;
limit of capacity, as we found it
February in the case of Great Britain. Consequently the rise from the present weekly total in England
except through spinning a coarser yarn, which is improbable must be very gradual, whatever be the inducements, and can only take place as new spindles can be
"estimate reaches the
had
—
for
—
time may be said to have been made both seasons,
except during the strike at Fall River in the Summer
of 1879.
Some
think, without considering the matter fully, that
many more hours this season than
This is the general argument used when
supplied.
speaking in favor of an enlarged production. Without
Similar restrictions apply to similar estimates in the doubt the present margin between cotton and goods is
United States they must be kept within the same even larger than a year ago. But either price is
bounds. That is to say, we cannot use more cotton in suflicient to prevent any spindles remaining idle, and
any year than we have spindles to spin it. This is such neither price could lead to any considerable overwork
a simple truth, that it would seem hardly necessary to that is, night work. In most of the Slates, especially
the mills are being run
last season.
—
state it; and yet the majority of estimates of Northern those where this industry is more largely developed, the
consumption which have prevailed during the season are laws with regard to labor are such that night work
in direct opposition to this truth. Of course there is a cannot be made profitable. In those States, therefore,
natural growth of spindles in progress at the present it could not be resorted to, and elsewhere in the North
time, but it takes so long to make them and put them it has not been to any considerable extent resorted to
op, that no good authority estimates the growth above this year. Still, let us assume, so as to be on the safe
ten per cent for the twelve months, or an average side, that there has been this year some increase in the
increased spinning capacity for the year of about say time made, and that with the extra spindles put up the
five per cent.
production is eight, or say nine, per cent in excess of last
In addition to this there can only be two further year, Even calling it the latter, with all other things
MitecH
THE CHRONKJLE.
20, 19£0.]
equal, the addition
to spinners' takings of cotton
direction
which cannot be passed over, and that
and to build on to reach the jjoorest traffic,,
would be rather philanthropy than business. In this view, urged keenly by
the population and property owners concerned, it.
would be wiser to get the roads finished before turning
down the screws on them.
Furthermore, there is nothing that bind* or practically can bind the companies to keep up their present
would profitable
only be for the year 127,000 bales.
But there is another fact tending in the opposite
is,
that
our spinners, so far as their machinery will permit, have
been running on decidedly finer goods. Last year our
285
;
after having the best already,
people were economizing, and the active demand was for
cheap goods. This year they are making their purchases
more freely and lavishly. As a consequence, the better style of operating.
If they chose, as a matter of repri-
goods have found more bu^rs. This may be sal, or of economy, or of necessity, they could run trainsquestioned by some who are advocates of a greatly- slowly and less frequently, with less expensive cars, and
It might
increased consumption. But there is positive proof of a more severely plain expenditure otherwise.
the assertion before every one. Examine the prices of also be a matter of positive necessity to do this indeed,,
goods, and it will be seen that all through the season the it might prove to be an impossibility to operate the
Is there any roads even on a more economical basis.
For if onefiner goods have shown the largest profit.
question, when prices are in that condition, which article train-load cannot be carried to Harlem, at five-cent fares,
the manufacturer will make, if he has the option ? We without having the cost of so doing exceed the receipts,
do not propose to definitely estimate the extent of tliis a hundred trains would only multiply the loss. But
change. It is Eufficient to call attention to it and to whether five-cent fares as a uniform rule could be madesuggest whether, in view of the heavier weight of bales to yield anything above operating and repair expenses, is
and of the finer yarn spun, 100,000 bales would not be something which is not only not yet demonstrated but i*
class of
—
a very full estimate of the increased consumption in this
country this year.
not yet really considered; present profits do not settle it,,
for there is a great difference between a net profit on
average rates and a profit on receipts at the lowest rate
now in that average.
FIVE CENTS ON ELEVATED RAILROADS.
The emphatic
by a heavy majority in the
Senate of the bill to reduce the fare on the elevated
railroads to five cents may be regarded as the end of
that measure for this session.
Waiving for the occasion the matter of rights and interests of the corporations, and looking at the subject solely as concerns the
public use of the roads, we must regard this failure as a
defeat
desirable result.
was urged against the
The roads have done nothing
for
New York
interested way, and the sentimental view has of
in
a dis-
course
no place in the discussion. Yet it is undeniable that they
have exerted a large improving and developing effect
upon property generally. They are an incomparable
advance upon the old surface roads, and supply a local
transit unapproached anywhere for comfort and speed.
They were long awaited, wanted and despaired of so
long that " rapid transit " became a by-word among the
—
without a things to be realized by some succeeding generation j
rail- and the figure of Father Knickerbocker on a tortoise
road law, would involve an impairment of contract and was sometimes used to caricature the expectation. Now
that the courts would promptly set it aside ; on the other we have it; and to turn directly about and make war on
hand, it was answered that the general law could have no it as soon as we have got it indeed, before it is fully
application to this class of roads.
Which view is sound completed may be quite according to impulsive human
is of no consequence here ; the point is that, although it nature, but is nevertheless not wise.
It
bill
that to pass
certain preliminary inquiry ,'required
it
by the general
—
was
—
As to fares, ten cents is only what we paid without
grumbling for creeping in stages, which only ran over
was too impatient to brook even this slight delay. Such much shorter routes and no further than they found
a spectacle of hot-headedness might be expected from good loads. It is also a mistake to forget that the parachildren, but is certainly not seemly in a body of men mount consideration is, or ought to be, safety.
More
assembled to make laws for a great State ; and as we supports, more safeguards at stations, more efiicient
remarked only a week ago action taken in haste and brakes, better system of signals and switches, and more
heat is rarely wise action, for wisdom implies delibera- positive prevention in every way against the mishap which,
tion.
For this reason alone, were there no other, the sooner or later, may be inevitable after all these are
defeat of the bill is satisfactory.
the steps of reform which, to the extent that there ia
But there are weightier reasons. That the corpora- room for them, it would be wise for the public to demand
tions have done injury to private property, without com- before taking up a hue and cry for lower fares, which
pensation, have received valuable franchises gratui- would be dearly purchased at the expense of safety. At
tously, have not in all respects worked their roads with the same time, it is not at all certain that the companies
the least possible offense, and have watered their stock will maintain an antagonistic attitude on the fare quesboldly and largely, must be admitted; they are thus in tion if they are not forced into it. The extension of the
not the best position to reply by arguments, and the five-cent hours, already proposed as a compromise, is
feeling against them is not all unfounded.
But it would favorably received, and there can be no reasonable
be unwise to let these facts blind us to all other consider- objection on either side to trying it, at least experimentations.
And first we ought not to forget that it is need- ally, so that the effect on traffic may be put to test. The
ful for the city to have these roads further extended. managers are greedy, if we please to put it so, but
In fact much of the opposition to the five-cent bill came nobody supposes that they are not keen-sighted, and
from residents in the upper and outlying wards of the they probably do not lack a personal interest in the
city, who feared that a compulsory reduction of fares development of up-town property through the roads.
might stop the extension of the roads. Such fear is They cannot fail to see that it would be better for them
well founded, for that would be a natural if not neces- to concede a point in advance of conflict than to yield
sary result.
Obviously, if the long through business the same after defeat,, and it is only reasonable to count
paid at all at five cents=, it would be comparatively un^ upon their intelligent self-interest as prompting them to
clearly
practicable to
comply with the condition
prescribed by the general law, the temper of
—
its
advocates
—
—
—
—
THE (JHUONICLE.
286
what is financially practicable. More than this it
tax and
no more in their power to give than in that of statute
tration,
yield
is
service at five cents
to take; a popular demand for a
if that is the fact, can never
five,
than
more
costs
that
b«
we
rough calculation makes the total
on a term of ten years, aggregate over 2
find that a
interest,
millions.
It
may be
show the
gratified.
XXX.
[Vol.
objected to this that any tax or payment would
compounded, and
like result if
but
this is true,
the interest view has peculiar application to a tax on cor-
porations whose existence
TAXATION OF LIFE INSURANCE.
based upon the compounding
is
sums uninterruptedly
of fixed
minimum
at fixed
rates.
were to be measured by proposals, our present The imposition of an income tax at so high a rate as 2 per
Legislature would be a most remarkably efficient body. cent, without deduction for expenses, would be an unBut when these plana are coupled with the report that no warrantable change of the conditions upon which,
If results
important
legislation,
except with regard to city charters,
assumed
as
be
to
permanent,
substantially
the
need be expected this year, and by the proof that up to
this time none has been efEected, it does not look quite so
premium
Still, propositions are daily being made which
are very sweeping in their proposed effects, and some of
them almost revolutionary in their nature.
accumulations has always bden properly recognized
the bills already reported on the subject of taxation
the Joint Committee have added two more this week, one
contemplatmg a tax on savings bank deposits and the other
the
formidable.
To
on the income of life insurance companies. On the former it is
proposed to lay one-fourth of one per cent, as by United
are
rates
a tax upon
But
defensible.
trinsically
students of taxation as a tax upon
ings are, as
much
were
even
cast,
tax
the
strictly
in-
savings
by
True, such sav-
thrift.
any other taxable surplus, a part of
as
gains of industry and exchanges,
and,
so
fall
far,
under the general class of things taxable but they may
and often do represent the special surplus of self-denial, and
are contributed to a fund for no purpose of profit, but for
;
As
that of precaution against want.
savings funds, they
States law upon the national banks, which would be equiva- are taxed in the wrong place, if they are to be taxed at all.
lent to a confiscation of about 4 per cent of the average in- The first aim of a tax system should be to take so as to be
it would be much
terest yield of savings bank funds. As to life insurance, the the least disturbmg and discouraging
bill provides that every company organized or doing busi- less depressing to tax income, as such and in the hands of
ness in this State shall pay an annual tax of 2 per cent " upon its earner as soon as earned, than to follow it after it has
;
"the gross amount of premiums, interest, and other in- been set aside as an insurance fund.
" come received by such company in this State." Although
Another objection to this bill is that
attempts to carry taxation beyond the jurisdiction of the
encouragement
an
taxing power are not unprecedented, however absurd, it need
seems probable that, as to outside companies, the tax would in a
be applied only
residents,
and
to
premiums on
interest
policies issued
on
lives of
on property located in this
State,
not
take
space
deal
great
special
burdens
tendency
is
to
retaliatory
to
legislation
of
upon
for no other construction could justify the words "received
be another step in so doing.
tax outside companies;
a broad and general
there
imposing
already
corporations
the
;
carry this on, and a law like this would
''by such company in this State;"
if
outside
We
but
particularizing,
in
would be
it
legislation.
if
A number
of States already
this State lay a 2
per cent tax
home companies a very on business done by such companies here, the natural reinvidious discrimination by the State against its own corpora- sult must be that each State which has companies doing
construction were given, as respects
tions
would be made.
Probably the intent
tax to income on business done and loans
is
to confine the
made
within the
by similarly taxing
The taxes, licenses, and other vexrequirements now imposed by difEerent States
business here will -make things even
New York
companies.
and yet the ambiguity is manifest, for premiums atious
any State or country by a New York company partly as a fancied "protection" of their local institutions,
are certainly "income received by such company m this and partly because "foreign" monopolists are so conState," in a technical sense.
On the other hand, if the veniently handy are already one of the worst plagues of
intent is to tax only income from local business, and that insurance.
State,
collected in
—
intent
is
made
clear, there follows the necessity of separ-
There
is
not the least reason to suppose that such a
bill
ating premiums and other income earned within from that
as this will
without the State; and, with consistent blundering, the
second section, providing for returns for taxation, requires
not to regard the annual appearance of a crop of
aimed
at corporations as evidence of the depravity of legis-
report, from " every such insurance company," of
only " the total amount oi premiums received by such com-
lative
methods, by which things are proposed for the pur-
pany in this State."
Waiving all this, and assuming that the law against the
life company
would execute itself, as an automatic
machine moves, let us see how the plan would work. Two
per cent on the total income of the New York companies,
on the basis of the year 1878, would be §867,148. A
single year's tax, improved at only 4 per cent (the rate
assumed in calculating premiums), would amount in ten
years to nearly 11 millions, and in twenty years to nearly
27 millions. Charged as an expense, this tax would be
equivalent to an addition of about '60 per cent to the commissions paid to agents, which latter is an item of cost over
which hasty critics have always waxed wroth. If the sup-
deplorable indolence,
a sworn
<'
New York business,
become law; on the
Yet
pose of not being done.
contrary,
this
it
is
impossible
bill illustrates
short-sightedness,
bills
anew the
and shallowness
with which the grave subject of taxation is handled. The
tacit assumption runs thus: Here is a pile of property
which
hide;
is
it
reported already,
is
is
known,
"corporation" property;
moneyed capital;"
to come down on it
"
accessible,
it
is
and
can't
"deposits"
or
belongs to nobody in particular, and
will cause no unpopularity; if we scoop
it
it we can relieve "the people" of
which will be a clever thing to talk of on the
stump; anyway, it is so handy right under our noses
and we can save ourselves the bother of framing general
An accumulation of money which seems to have
tax laws.
owner
appears
to the average legislator the key to the
no
the State expenses out of
taxation,
—
the figures cannot be had, because such business, except
premiums, is not stated separately, but on the premiums
alone the tax would be $165,000.
Taking this as a fixed
problem of raising money by taxation without troubling
anybody for it. But when shall we have this very serious
subject of taxation rightly managed, so long as catchpenny
notions like this have any consideration with men of ordi-
yearly impost and compounding
nary intelligence
position is that the tax is confined to
it
at 4 per cent, for illus-
?
:
Mahcu
THE CHRONICLE.
20, 1880.]
THE DICTATOR IN RUSSIA.
287
The Executive Commission,
of which he is chief, has there'
two parts the one having for its
supreme direction of affairs in Russia, has revealed tlio object the suppression of the revolution, and the other
gravity of the situation and the weakness of the Govern- devoting itaelf to an investigation of the political condition of
ment in presence of the domestic enemy more than any the empire. Evidence of his determination to hold the revo-
The appointment
other event since the
General
of
Loris "MelikoS
commencement
to
the
of these revolutionary
the authority intrusted to
—
fore been divided into
lutionary spirits in check
Petersburg
is
furnished by the fact that St.
after a census has
been taken, to be cleared
above the of all people who are without a fixed occupation or the
Czar himself, having all the powers of all the departments requisite means of subsistence. In the matter of investiof the Government, and being complete master of life, gation he will be assisted by some of the leading ministere,
and also by the members of the City Council. He is thus
liberty, and property.
An experiment of this kind would not be resorted to attempting to interest all the executive forces of the empire
So absolute
disturbances.
man
this
that for the
is
time being he
is
raised
except under circumstances of exceptional
uncommon
is,
Such
difficulty.
in the
work
of keeping the peace.
be some time before the Commission
more recent shall be able to complete the second part of its duty. But
times the role of Dictator has been played by such men it is not unreasonable to take it for granted, judging from
It is, however, we the known character of Melikoff and the information thus
as Cromwell and the elder Napoleon.
believe, the first occasion that a great monarch has volun- far received of his acts since his appointment, that when
tarily handed over all his power to one of his subjects.' he sliall have completed all the necessary inquiries, he will be
circumstances were not
the ancient
in the later days of
Roman Commonwealth; and
And
yet confessedly
grave
to justify
the
in
circumstances were sufficiently
Not
an unusual remedy.
since the out.
break of the great French revolution at the close of
for
many
again
some time past existing
men have been
and again been made on
public
The
in Russia.
last
Government
make changes in the relations of the
which may lead to the amelio-
to the people,
ration of the condition of the Russian people,
and
to the
prosperity of the empire.
lives of
sacrificed; attempts
have
Emperor's
much
the
disposed and able to
now peace and
century has there been such a reign of terror as that
and
It will necessarily
life;
TAXING OF NATIONAL BANKS.
public and valuable property has been destroyed; and in
spite of the severe
Mr. Williams, President of the National Albany
Exchange Bank, has addressed the following letter to
and
banks and bankers in relation to the late decisions in the
was Supreme Court on the question of taxing
bank shares.
examples which have been made by the
Government, the conspirators continue to be
fearless
boldly assert the inflexibility of their purpose.
necessary that some extreme, some unusual
It
course should
Albany, March
be adopted.
The
13, 1880.
by the Supreme Court of the
It is admitted on all hands that General Melikoff is well
United States in the two cases brought by the subscriber to
qualified by character and by experience for the difficult
l^st the legality of the methods and extent of the exactions
and hazardous task he has undertaken. An Armenian by upon bank shares and capital, under the name of assessment
descent, he preserves many of the characteristics which and taxation, establishes the following principles as settled
have given the children of that race prominence all over law, viz.:
the East.
Up until the recent war he was unknown to Ist. That the taxation of shares of national banks must "not
be greater," including the entire process of assessment and the
fame, and lived quietly with his family in St. Petersburg.
rate of tax, " than is assessed upon'other moneyed capital."
His brilliant services against the Turks immediately com.
2d. That the law of our State ( act of April 23, 1866), under
manded attention and marked him out for distinction. which bank shares have heretofore been assessed and taxed, is
When the plague broke out at Wetlianka his powers of " void as to the shares of national banks."
From
management and organization were again conspicuously
revealed; and in dealing with the famine he displayed as
much energy and
had formerly done on the
field of battle.
Since the present troubles began he was
appointed to the supreme command at Kharkoff, and during his rule at that place, which extended over several
months, there was not one single outbreak of disturbance,
80 completely were the revolutionary spirits held in check.
capability as he
decisions latel/ rendered
these points establisjied the following flow as corollary,
viz.:
The
Ist.
2d.
and separate assessment of bank shares
and branch.
special
cut up, root
is-
Under our present laws the shares of banks can only be
assessed and taxed to the owner or holder thereof at the place
of his residence,
if
within this State.
The Legislature can pass no
special and separate taxation, as
3d.
valid law subjecting shares
from the other persuch law shall result in subjectIn his new position he is apparently acting with his former
ing the shares to a greater burden of tax than other personal
tact and skill.
The reports have been somewhat contra. property of the citizen is subjected to.
dictory, but there is good reason for believing that the
4th. The Legislature must abandon the attempt to assess
situation is already considerably improved.
It is asserted and tax bank shares by any process or method other than by
" including them in the valuation of the personal property of
that the system of wholesale arrests practiced last year has
the owner in assessing taxes," precisely as is done with all other
been discontinued and that a much greater latitude has
moneyed capital.
been allowed the press. In fact, the latest advices show
reflections seem justified from the foregoing'
to
sonal property of the owner,
distinct
if
The following
any of his compeers, premises
comprehends the situation.
1st. The shares of national banks are, under the legislation
Taking it for granted that
there must be wrong where there is so much discontent, of Congress and the decisions of the United States Court, sub"
he sees that the policy of repression, hitherto pursued, will ject to State taxation by their being included in the valuation
of the personal property of their owner in the assessment of
that General Molikoff,
more
fully than
never work a radical cure.
to
make
He sees with equal clearness, that
concessions in present circumstances, would be to
taxes," provided the " taxation shall not be at
a greater rate
upon other moneyed capital in the hands of the
lend encouragement to the revolutionary spirit.
He has, individual citizen " meaning clearly, that they may be taxed
therefore, wisely decided that while, with a firm and by the same methods, and in the same manner, and at the same
steady hand, he will'stamp out the rebellion, he will at the rates, subject to the same rights and immunities, as other persame time ascertain the causes of the prevailing discon- sonal property generally.
than
is
assessed
—
tent.
forces,
By such
a course ho disarms
the revolutionary
because he holds out the prospect of redress.
2d. Since the taxation of the shares is clearly 'permissible
only in the manner and at the rate above stated, the Legislature can be moved to adopt a different process or method only
,
..
.
THE
288
(;hroni(;le.
fVoi. XXX.
from the purpose to subject such shares to
was adopted.
than would be the case if the method above stated
®0mmct;ciaX VLUdll^isttlXmizoxxs^ ^extjs.
State in its two attempts to subject banks to unjustly discriminative taxation ought to suffice.
4th. While the points decided and the results as stated apply
legally at present only to the national banks, it is beyond doubt
that the Legislature will place all State institutions on the same
General mdse...
$2,087,600
5,458,961
$1,894,838
4,881,186
$2,739,551
4,336,266
$2,768,815
7,142,102
Total week
Prcv. reported..
$7,546,561
61,303,163
$6,776,024
56,532,247
$7,075,817
57,801,299
$9,910,917
91,361,841
$68,849,721
$63,308,271
greater taxation
—
iMPOEra AiTD Exports for the Week. The imports of last
Legislature cannot adopt a
Sd. It follows also that the
week, compared with those of the preceding week, show
method which shall ensure all the shares in national banks a decrease in both dry goods and general merchandise.
fails of measures The
toUl imports were $9,910,917, against $13,878,046 the prebeing placed upon the assessors' rolls, while it
individual citizen ceding week and $7,848,877 two weeks previous. The exports
to assure all the 'personal property of the
for
the week ended Mar. 16 amounted to $6,932,979, against
valuation
being so placed, although the other restrictions as to
manifest $7,775,954 last week and $5,293,449 the previous week. The
and the rate of tai may be complied with; so that it is
following are the imports at New York for the week ending
other (for dry goods) Mar. 11 and for the
week ending (for general
that any process or method of assessment and taxation,
than by including the shares in the valuation of the personal merchandise) Mar. 12:
FOREIGN IMPOKT8 AT NBW TORS FOE THE WEEK.
property of the owner, would be adopted at the imminent peril
1877.
1878.
the
1879.
1880.
of its overthrow. It would appear that the experience of
Dry
footing.
Experience has shown us that in deference to a^mistaken prejudice in the public mind against the banks, our State courts
have been ready to uphold any exactions upon them that the
Legislature might adopt; and it becomes all bankers and bankstock holders to watch with vigilance, and to resist with earnestness, any legislation to subject them to special taxation in whatindifference of the bankers of the State to, and their
supine acquiescence in, the unequal and unjust exactions made
upon them under the act of 1866, as interpreted by our courts
The
in the Cagger case, have resulted in fastening upon them this
flagrant injustice for fourteen years now. It is an amazing
fact when viewed with reference to the manifest wrong of that
interpretation. Bankers, no more than others, can exempt
themselves from the rule which makes vigilance the price of
liberty. If we fail to demand our rights, we cannot expect they
will be conceded.
The
self as
having succeeded
in all
he had attempted as
plaintiff in
these suits, excepting the recovery of the money wrongfully
taken from him under this unjust act, and the admitted (even
courts,
of the assessors.
which upheld the law) unjust proceedii%s
Very respectfully,
C. P. Williams.
$61,880,116 $101,272,758
week ending Mar.
16:
EXPOBTS FROM NEW TORK FOR THE WEEK.
1877.
$4,794,472
51,905,530
1878.
$8,154,874
67,032,911
$5,900,-575
60,093,817
1880.
$6,932,979
61,427,737
$56,700,002
$75,137,785
$65,991,392
$68,360,716
For the week
Prey, reported..
1.
1879.
The following will show the exports of specie from the port
of New York for the week ending Mar. 13, and also a comparison of the total since Jan. 1, 1880, with the corresponding
totals for several previous years:
March.
Port-au-Prinee
Am. silv. coin
*4—Str. Andes
$6,525
Liverpool
Mex. silv. dols.
82,095
11— Str. Baltic
Havana
Span, doubl'ns.
128,000
London
Eng. silv. coin.
2,600
11—Str. Silesia
.
Fr'ch
Paris
Ensllah market Reports— Per Cable.
London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
daily closing quotations in the markets of
Same time in^
1879
1878
1877
1876
$3,986,364
2,438.827
3,212.177
10,106,865
Mod.
Mar.
Sat.
Mar.
13.
U.
412S of 1891
4s of 1907
Erie, comiuou stock
Illiiioia Central
S.
tr. S.
15.
51i5,j
97l3i8
97ioig
51''8
d.
97^
97'Oig
10513
105%
109
llQia
10919
no
4OI4
Mar.
Thnrs,
Frl.
Mar.
Mar.
16.
Star.
17. •
52
,521],,
bl^i^
97ili8
97i3i6
97I3i6
Ql^<>it
d.
.
15 3
10 11
10 7
11 7
11 9
10 10
11 4
5 lOifs
913
5
Liverpool Provisions Market.
Sat.
^
_,
^
<f.
«.
Pork, West. mess.. ?pbbl.,57
Bacon. long clear, cwt.. 35
Shortolenr
"
37
Beef, pr. mess, S tierce. 76
Lard, prime West. ¥cwt.39
Cneesc. Ain. choice " 70
6
6
Mon.
45%
104i<a
Marcli.
8—Str.
.\capulco
..tJ. S.
of Colombia.
..
....
<*•
9
8—Str. Flamborougli
Am. silv.
Am. gold
Porto Rico.
For. silv.
For. gold
8—Str.
C. of
Am.
Am.
Alexandria.Mexico
15
6
15
6
1
11
1
11
15 6
10 11
10 8
10 7
11 7
10 6
11
11 5
11 5
11
5 III3 5 III3 6
5 lOifl 5 I0I3 6
Wed.
Tires.
B.
d.
$.
57
35 6
37
76
39 3
69
57
35
37
76
39 3
70
«....»
..
..
..
a
9
5
1
11 G
11 8
10 11
11 5
6 1
6
39 3
71
®6i8
..
..
..
•»
..
..
a
®
9
—
^tr.
.British
11— Str. Claribel.
11— Str. Alvo
.Haytl
West
Indies.
Hayti
Frl.
6
..
620
8,076
2,200
500
1,102
1,000
8
2,920
973
40,832
3,054
.U. S. of Colombia..
500
773
Gold dust
British
West Indies Am. gold
Tot. since Jan. 1, '80 ($1,310,733 silv.,
Same time in—
and $873,257
Same time in-
|
$2,508,336
4,152.535
3,735,496
916,437
1879
1878
1877
1876
coin..
$316,269
1,867,721
...
187
1874.
1,149.818
1,034,306
641,891
535,619
1873.
1872.
®
gold).... $2, 183,990
S.ame time in$2,748,378
1871
3,931,813
1870
3,611,712
1869
1,126,015
1868
The following table shows the receipts and payments at the
Sub-Treasury in this city, a.s well as the balances in the same,
for each day of the past week:
Balances.
Payments.
Receipts.
$
$
Mar. 13...
'•
"
"
"
"
d
..
—
.Venezuela
Felicia
11— Str. Alps
150
4,946
2,700
3,946
6,246
213,419
7,913
.
Frl.
d.
d.
6
.
s.
57
35 6
36 6
76
39
71
Thura.
d.
..
OI9
6
d.
«.
57
35
37
76
.
2.750
3,310
d.
s.
Thurs.
d.
Wed.
d-
619
9
.
British West Indies,
9—Str. Bermuda
9— Str. C. of Richmond. .England
9—Str. C. of Dallas... British West Indies
9—Sohr. Irwin Leslie. .Hayti
Total for the week ($284,861 silver, and $31 ,603 .gold)
Previously reported ($1,026,072 silv., and $841,649 gold)
Frl.
8
8
10 11
For. silv. coin
For. gold coin
Silver bullion..
For. gold coin..
For. silv. coin..
For. gold coin..
Am. silv. coin
Am. silv. coin..
Am. silv. coin..
Am. silv. coin..
Am. gold coin..
Am. silv. coin..
Am. silv. coin..
Am. silv. coin.
.
12— Str. Canima
6
8
silv.
gold
coin..
coin..
coin..
coin..
coin..
coin..
160
40
15
11
10
11
11
590
1,000
d.
1110
398
2,290
Gold bars
Gold dust
gold com..
s.
10 11
$3,8.54
.
silv. coin..
d.
1110
coin
For.
s.
10 11
silv.
gold coin..
Am.
d.
Tues.
<*•
..
Thurs.
silv. coin..
53i*i
cotton.
oai
Am.
Am.
For.
3514
s.
—
Mon.
Sat.
».
d.
».
57 O
35 6
37
76
39 3
69
London Petroleum Market.
P6t'leum,rcf. ?>gal...
PeVleum, spirits " ..
—
IO8I4
104ia
53
35
Wed.
Tues.
d.
«.
Flpnr(ex. State)^cent'1.15 3
Wlieat,8pr'K.No.2,1001b.ll
eprlng. No. 3...
" 10 7
Wmtcr,West.,n.
"
11 7
Southern, new .
" 11 9
AvCal. white.. " 10 10
CalifonilacUib.
"
11 4
Corn,mlx.,W.oldScent'l 5 lOia
do do new, "
5 9ia
,.
2,429,275
laelougs.
llOM
45H
35
Mon.
Sat.
983i(.
105
lOlia
— See special report
Market. —
a.
,
19.
blH,
981i6
45''8
Liverpool Cotton Market.
Liverpool Breadsttiffs
18.
97ioi8 9Siis
105)4
10518
IIOI4
110% 110
IO914 xioau
10818
lOli^
53
53I3
35ia
PluladelpliiaJi ReadtaR. 35'4
Wed.
46
105
52%
Tues.
IO5I4
46''a
105^
Peiinsylvania
_,
.
.
•This steamer's return, the Custom House report sajs, was received
too late to be included in the previous week's exliibit, where it properly
—
Consols for account
U.S. 5s of 1881
$221,320
and $1,252,200 gold) ..$2,650,495
Same time in^
Same time in—
1875
$15,647,063 1871
$13,389,018
1874
7.100,267 1870
6,375,362
13.675.604 1869
7,439,864
1873
1872......
14,167,724
4,613,385 1868
London Money and Stock Market. The bullion in the Bank
of England has increased £324,000 during the week.
BUver.peroz
Consols fonnoncy
2.000
silv. coin.
Total ($93,220 silver, and $128,000 gold)
Previously reported ($1,305,075 sLv., and $1,124,200 gold)
The imports of specie at this port for the same periods hare
been as follows:
pX0ttetavBl <£/ammtvciixl guglisTt ^c ws
The
1.
In our report of the dry goods trade will be found the imports
o£ dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
Tot. since Jan. 1, '80 ($1,398,295 silv.,
subscriber takes pleasure in stating that he regards him-
by our own
Total B'ce Jan.
Totals'ce Jan.
ever manner.
•
Goods
Total
15...
16...
17...
IS...
19...
897,055
1,525,613
1,219,038
2,287,785
03
04
89
86
852,152 15
702,732 40
7,434,377 37
Gold.
$
859,505 26 102,281,573 31
1,708,891 42 102,863,017 93
573,714 50 103.513.856 31
485,519 07 101,763.705 13
845,483 25 104,807,519 49
1,885,088 05 103,618,721 71
Currency.
$
5,803,853 73
5,039, l.W 68
5,033,616
5,586,034
5,548,889
5.555.331
74
63
17
27
6,358,201 55
.
:
MAitCH
:
THE CHRONICLE.
20, 1880.J
289
Boston BBnk»._The following are the totals of the Boston
Statemest of the Comptroller of the Carrency on March 1,
showing the amounts of National Bank notea and of Legal banks for a series of weeks past
Loans.
Specie. L. Tcnaert. Deponlta* Ctroalatlon. A«(.CIear..
Tender notea outstanding at the dates of the passage of the
Acts of June 20, 1874, January 14, 1875, and May 31, 1878, Oct. 6.. 186,8j6,:00 8.242,800 4.8»i,000 48,sls.300 27.>»ejS4a 67,1*9,771
"
S.iiSl.lUO
18.. 1IAI,IW8,IOO
4,U3I..'W0
47.210,000
together with the amounts outstanding at date, and the
87^,600 KJilVliti128,019,000
8,2M,200 4,S82,WX> 4M.U<KI.4(X) 88,140^ MJlSlMi
21)..
increase or decrease;
" 27.. VM.mMO
8.248,800
4,828.800
48,(107.100
28S7«300 OS^VO^S
Nov. S.. 132.000,100 8,2IS,0a0 4.480,000 4l>,ISt<.4U0 iSfiSlMO «0 24lS»
Nalioniit llanU Soles—
^„.
" 10.. 133.4Ul.I0a
3.245.KX)
4,870.200
Sl.lOH.lOO
iOJMlfiSi 60360477
$349,804,1S2
Anioimt oiilHiiiiiiliiis J»ii« 20. 1S74
' 17.. 182.427.100
3,.X«I.800
3J»2.800 81,784.400 20311.100 71.786^
3.51,861.4.-il)
Amount oiitstamliiiK January 14. 1875
" 84.. 181.982,200
H.:M7.200
3.546,700
S0.7«».l()0
2»AM3aO 763653^
322,5.'i5.i»«ir)
Amount oiitstaiKlhiK May 31, 1878
Doc. 1.. 131.4iM.O(J<) 3.,',-^.H<J0 8.004.UOO 50,UMn.2l») 2«J«I8.S00 8<lT073B8
342,21 0.SCT
3.1wa.lK)0
13I.(H(I,«00
Amount outstuuiUu); at ilato"
8..
3,474,«00
B0,«O2,.')(IO
ao.aMO.OOO
e»,874.^
"
4.;)-,'«,000
13<l,ttU,700
93,(»J'.i
16..
8,814.800
80.I37.;I00
aO.tXW.lOO
Ditrcase (lui'liiKthc lust nuinth
68.788^
"
1880,
••
.
17,631,017
Increase since Man^li 1, 187U
Xffial Tender Mines—
$382,000,000
June 20, 1874
Amount
382,000,000
Amoinit outsluuiliujj January 14, 1875
35,318,!)8 1
Amount letlrml under act of Jan. 14, 1875, to May 31, '78
346,681,010
Amount ontstandiuf; on and ainco May 31, 1878
Amount lui doi)08lt with tlio U. 8. Treasurer to redeem
notes of InsolviMit and U<|uidating banks, and I)auk8
18,'?C5,257
retiring circulation under Act of June 20, 1874
outstamlin)?
luorease lu deposit during the last mouth
Increase In deposit slnco March 1. 1878
•
1,658,887
6,052,445
"
22..
20..
130,838,100
132.221,000
8..
12..
133.827.800
13I.D01.300
V.a.UfJ.VIM
Jan.
"
" 10..
" 28..
Feb. 2..
0..
18..
'•
"
24..
Uar.
8..
9..
16..
'•
"
Circulation of national jtold banks, not included in tlie above,
$1,426,120.
'
1:HI,I8.''i.8(K)
3.886300
4,285.400
4.123,400
8360300
8.041,400
4,603,400
8,418.900
8,822300
6368,800
8,818,800
3,857.100
6,4a6,;il0
1.10,810,800
3.070300
8.329.800
141,215.800
142.181.000
140.828.800
4,.H74.MOO
4.57«.5(K)
4.828,:100
4.n40.;i00
4,488,400
3.«.'t7.B00
13e.»27..S00
4.3W'.<,(!00
3.511..SO0
139,679,400
141,040,200
5,224,000
6,32iaKKI
3,.W7.800
3,335,700
Other than Government and banks,
40,842,700
40,048,100
ao.N<17,100
80,879,600
81.161300
81,280300
31,008300
603«03«>0
61382,200
3r3»A.0()n
31385.000
68,881.000
68,742.200
60,018,200
63.728,400
63,805,200
62,708,300
31,240.200
81.081,800
81,072,300
81,008,400
S1.002.OUO
80.875.800
31,019.400
5.'J.2I7,400
63,088,800
62 128,180
51,018306
66.867380
71708,788
74 242 078
68.080.888
8W.887!7a4
70381,460
72,001,801
47^6366
66.666,185
88,468360
6S,88031S-
loss Clearlng-llonse checks.
Pblladelpbla Banfc*.— The totals of the Philadelphia banks
& Iiid. Central.—Messrs. R. T. Wilson, Adrian are as follows
and W. Whitewright, the committee for first mortgage
Loans. Lawful Honer. Deposits. Circulation. Ag2. Clear.
*
1879.
t
t
t
$
bondholders, have issued a circular in which they say that " ir17,«S7,922
83.558,2.00
64.442,640
11,795.906
Oct. B
42.783.897
• 18
respective of the lease by which they are guaranteed, the con64.70B.0«5
17.235,389
64,709,366
11,814.880
44.106,780
Col. Chic.
Iselin
.
solidated bonds are selling at present for considerably less than
other railroad securities having no more or even less intrinsic
Talue." Thev report the road's earnings for six months ending
with February at $2,282,748 gross, and $725,237 net, against
$1,853,904 gross and $361,927 net for the corresponding period a
year earlier. With regard to the suit, the committee gives the
following " The judgment given for back rental was $2,7(59,000 ; out of this amount, as far as we can estimate, there will
have to be applied to the payment of overdue underlying coupons, to the liquidation of the balance due by your committee
for expenses and for reducing the debt in accordance with
Judge Harlan's decision, for legal expenses and for the settlement of various pending claims, about $1,700,000, leaving a
balance of $1,009,000, or about 9 per cent on the outstanding
certificates and bonds ($11,978,000). On the other hand, it will
be necessary to scale the certificates by 12 9-16 per cent in
order to reduce them to the original amount of first mortgage
bonds ($10,4i8,000). Should, therefore, the Pennsylvania Railroad submit to Judge Harlan's decision, or should this deeision
be sustained by the Supreme Court of the United States, the
bondholders would at least have their original bonds bearing
interest at 7 per cent from about 1st of April, 1880.
"Should no settlement be effected with the Pennsylvania
Railroad before the case is decided by the Supreme Court of the
United States, there will then be the chance of the bondholders recovering about $1,000,000 more than the amount of back
rental allowed by Judge Harlan, our side having also appealed
from his decision in so far as it does not allow us the interest on
the back rental from the timeit was due, and does allow the
Pennsylvania Railroad to set off against this back rental the
second mortgage coupons which it helds. The reduction of the
debt having been effected almost entirely by the cancellation
of underlying bonds, the interest on those yet outstanding ha.s
been reduced to $382,000 a year. All payments made by the
Pennsylvania Railroad as net earnings in excess of this amount
will be applicable either to the liquidation of the indebtedness
incurred by your committee, and of other claims, or to the payment of interest on the consolidated first mortgage bonds."
:
Oregon Railway & NaTigation Co.— Gross and net earnings
for February, 1880
:
Oregon Steam Navigation Co
On L'on Steamship Co
Walla Walla & Colombia Railroad
Gross.
Net.
$y4,559
41,832
18,253
$38,815
12,382
10,902
"
20
87
Not. 3
•'
10
17
24
••
'•
"
Deo.
"
"
"
"
1
8
18
83
89..;
1880.
"
"
16
23
1
8
15
"
IH.240,119
15.839.404
15,185.180
14.861.359
14.818.427
14.491.401
14.958.053
15.049.003
14.077.274
64.818.868
64.586,094
64,187,213
63.861.863
62,006.026
52 342.762
62.853.503
62.113.471
62,197.:t50
11.985.(«K)
64.724368
14.754.05;>
84,775.731
14,447,092
51.5S2,397
81,203.835
12.011.rt)
12,021.288
18.883.259
68.606360
15.802.;J94
62.898,603
84,860,707
54.306.766
54.583.583
54,872.059
12.050.841
12.072.760
13,082,360
12.073.093
12.088.2:«
12,078,263
12.050.4X1
81.331.710
S4.808.42S
69,184,081
64,655.180
64,972.032
65,870.329
68.888.134
87.285.088
87,318,205
67.130,447
67,404,233
Jan. 5
" 12
"
19
" 28
Feb. 2
"
9
Mar.
85,042.232
66.274.801
66.337,415
68,880.258
85,977.180
65.802.671
64,581.278
84,650.183
64.388,803
18.417,081
18.931.434
17,213.347
17,120.173
17.197.950
18.220.959
15,77:i,038
18.250,170
18,731.502
11,863,080
11.878.284
II,88.'i.OOO
11.87.5.888
11.871.H78
ll,89n.4.'«)
11.932,0*5
11.992.523
.58.186.180
12,05s,r,,',5
55,027,182
58.122,311
55.397,217
55,941,988
12.n9:),Hta)
12.085,1:18
12,073.913
62,868.087
64.606,178
61.627,860
64.961.908
66.087.30046.780.670
48.148.04t
64.548.184
60.886.477
50.800,387
48.890,088
46.961.61*
60318.107
60,80838S
60,955,546
42.963.541
48,053.96»
48,800,060
53,151,054
89.982.84S53.884,753
42,130,811
—
The Little Chief Mining Company has declared the reg'olar
monthly dividend, of which notice will be found in our adverWe are informed that the shipment from this
tising columns.
mine for the month of February amounted to 2,584 tons of ore.
this,
about 350 tons more were smelted in the
In addition to
works of the company. The net proceeds amount to $149,634.
The average daily production has lately been from 105 to 110
tons, and new hoisting works are contemplated which will
increase the production.
—Attention
&
called to the card of Messrs. John H. Iselin
of the Chicago Board of Trade, who notify all
interested that options at that Board are bought and sold b^
them for customers in this market. The senior member of thisfirm was formerly a partner of the well and favorably known
dry goods importing house of Messrs. Iselin, Neeser & Co.
is
members
Co.,
—
The fourth dividend has been declared by the " Father Da
Smet" consolidated gold mining company of 30 cents per share,
to be paid at the office of Messrs. Laidlaw & Co., 12 Pine street.
New xork, on the 24th inst.
—The
Metropolitan Elevated Railroad Company has just
second quarterly dividend of 2)^ per cent on capstock, payable on April 1 at Central Trust Company's offices,
declared
ital
its
this city.
—
The Chr^-solite mining company has iust declared its usual
monthly dividend, full particulars of which will be found in our
advertising columns.
]i\Mm
Total
$154,644
$62,159
)portion of net for Oregon Railway and Navigation Co.,
$53,202. The total net earnings of the three companies for
February, 1879, was (netj $12,626.
AN J FiiUNCIAL.
Pr
FISK
—
St. Louis & San Francisco.
The board of directors organized and elected General E. F. Winslow President, James D.
Fish, Vice-President, C. Littlefield, Secretary and Treasurer,
and
AND DEALEES
Washington City Virginia Midland
&
Great Southern.—
Ihis railroad will be sold at auction in Alexandria, Va., under
a decree of the Circuit Court, on the 13fh May next. After the
sale the company will be reorganized upon the plan lately
adopted by committees of the bondholders.
Western & Atlanf ic— The Atlanta Constitution has positive
information that the controlling interest in the Western &
Atlantic lease has been sold to the Central Railroad Company
of Georgia. A controlling interest was bought some time ago
by President Cole for the Nashville Chattanooga & St. Louis,
and this, it is understood, wa& held by Col. Cole and not by the
company.
HATCH,
IN
GOVERNMENT BONDS,
and other desirable Investment
M. Rogers, General Manager and Superintendent.
Sonthern Pacific—This railroad was completed to Tucson,
March 17.
C.
Warwick Valley (N. ¥.)-The stockholders of the Warwick
Valley and Wawayanda railroads have voted to consolidate.
The new organization takes the name of The Warwick Valley
Railroad, and assumes all the obligations of both, amounting
to $210,000 bonded indebtedness, and is authorized to issue
$340,000 in stock for old stock.
^t
SAXKERS,
Securities,
NASSAU STREET, N.
NO. 5
Y.
Buy and sell all issues of Government Bonds, in largre or Binall
amounts, at current market prices, and will be pleased to fumisU information in referenci to all matters connected witli investmouta in Government Bonds.
Wo are prepared to (tive information in regard to flrst-class Railway
Securities and to execute orders for the same.
Buy and sell all marketable Stocks and Bonds on commission, at the
Stock Exchange or in tlie open market.
Receive accoimts of Banks, Bankers, Merchants, and others, and allow
interest on daily balances and for those keeping accounts with us we
collect U. S. coupons and registered Interest, and other coupons, dividends, &c., and credit without charge.
We give special attention to orders from Banks, Bankers, Institutions and investors out of the city, by MAIL or TELEGRAPH, to boy or
;
ly
sell
GOVERNMENT BONDS, STATE and RAILROAD BONDS, BANK
STOCKS, RAILROAD STOCKS, and other seouritiea.
We have issued the Serenth E<litlon of " Memoranda Concerning Government Bonds," copies of which can be ha<l on application.
FISK
.&
HATCH
.
THE CHRONICLE.
290
[Vol.
XZX.
Uulted States Bouds.—In Government securities the busiand prices easier. A good many
fives and sixes had accumulated here in anticipation of possiNATIONAL BANKS ORGANIZED.
ble large purchases by Secretary Sherman, and then the abThe United States Comptroller of the Currency furnishes the sence of further reports of definite progress ou the
3)2 per cent
following statement of National Banks organized
bill, together with the stringency in money, have all combined
40i— Tho rnrkpsbiirK Niitioual Bank, Parkcsburg, Ta. Antliorized
capital, 1(150,000; paid-in capital $40,000. Samuel R. Parke,
to make the tone a trifle easier. At the Treasury purchase on
Pi-osldmit: K. Ajtncw Futbcy, Cashier. Authorized to comWednesday, the offerings of bonds amounted to $11,307,350,
mence bunincBS Marcli 15, 18S0.
2 485— The First National liauk of Sluiix Falls, Dakota. Authorized
Young, including sixes of 1880 at 103-85 to 104, sixes of 1881 at 105-37^
ness has been rather moderate
:
>2
$50,000 paid-in capital, $30,000. Jackson B.
President; Harry L. HoUistcr, Caahior. Authorized to couinieuee busine.s.s JIarch 15, 1 880.
2.466— The Hyde National Bank of Titusville, Pa. Authorized capital,
$500,000, paid-in capit.al. $500,000. Charles Hyde, President;
W. C. Hyde, Cashier. Authorized to commence business March
capital.
1(>,
;
and fives of 1881 at 103-13 to 103-61. The awards
were $2,000,000, consisting of sixes of 1881 at 10o-37^@105-44,
and fives at 103-13@103-18.
Closing prices at the N. Y. Board have been as follows:
to 105-62,
1880.
DIVIUBNOti.
Interest
Periods.
Thefollowlna dividends have recently been announced:
Per
Name of Company.
Cent.
WhcH
Payable.
Books Closed.
(Days inclusive.)
Railroad*!.
3
Motri)polit;in KIcvated (quar.)
New
York Elevated
Union
(iiuiu)
1>2
Pacillc (ijuar.)
April 15
April
I Mar. 25 to Mar. 31
1
April
1 .Mar. 21 to April
1
April
1 Mar. 21 to AprU
FRIDAY. raAKCH
19. 18S0-5 t>. m.
Tbc money Marketand FInancIalSltuatlon. —The money
market was decidedly stringent in the early part of the week,
but since Wednesday there has been a perceptible increase in
the amount of money offering on good collaterals. The SubTreasury will begin on Monday next to pay the April interest
on. Government bonds, without rebate, and there is an impre.ssion
in some quarters that the money market will probably not become more stringent than it has been this week. This idea is
supported by the assertion that what is generally anticipated in
financial circles is less likely to occur for that very reason, and
that in the present instance large amounts of money have been
taken by brokers on time loans. Another week will develop
more fully the tendency of the monetary situation, and unless
attempts are made to create an artificial stringency for speculative purposes, it is quite possible that an easier market will be
experienced.
The importation of foreign goods continues on so large a scale,
and the exports of produce are so retarded by the higher prices
of our markets, that there is considerable talk of an export of
gold. This may occur, but we do not anticipate it, for even
should the imports keep up at a larger volume than exports, the
movement in securities is to be taken into consideration, and the
favorable outlook for all our railroad properties is such as to
make a ready market for them abroad. In the case only of the
Syndicate transactions in New York Central & Hudson stock and
Southern Pacific railroad bonds, if it be assumed that threefouiths of the stock and most of the bonds were placed abroad,
we have an export amounting to about $33,000,000. And these
were but isolated transactions, while it is known that the foreign
banking houses have a steady business in Ameiican securities
which in the aggregate sometimes runs up to large figures.
The money market has been tight, and borrowers on stock
collaterals have paid 6 per cent, and frequently a commission
of 1-32 to 1-16 per day in addition. Government bond dealers
have paid 4<Si5 per cent, and during the past two days they
report a great abundance of money offered at the lower rate
it was reported, in connection with this, that one of the largest
Stock operators had called in loans early in the week, presumably
for the purpose of increasing the stringency. Prime commercial paper is quoted at 5@6 per cent.
The Bank of England on Thursday showed a gain of £324,000 in specie for the week, but the percentage of reserve was
45 13-16, against 47% per cent last week. The discount rate
remains at 3 per cent. The Bank of France showed a gain for
the week of 23,1 89,000 francs.
;
The last statement of the New York City Clearing-House
banks, issued March 13, showed a decrease of $329,500 in
the excess above their 25 per cent legal reserve, the whole of such
excess being |1,985,050, against $2,314,550 the previous week.
The following table shows the changes from the previous week
and a comparison with the two nrecedine years.
1880.
Mar. 13.
Differ'uces fr'm
previous week.
Loons and dis. $297,256,900 Inc.
Specie
Circulatlonv
Net deposits
57.927.900 Dec.
20.9(i7.100 Dec.
.
Legal tenders.
Liegal re-servc.
Ile8er\e held.
Surplus..
270.381,000 Dec.
11,052,400 Deo.
$87,595,250 Dec.
09,580,300 Dec.
$1.9-15,0.50 Dec.
1879.
March
15.
1878.
March
10.
$121,400 $240 324.500 $242,978,900
127.100
17, 312,400
39,545.900
as.ooo
19, 335,200
19,910,700
1,102.400 210, 563.300 215,085,100
47»,000
39, 173.400
30,326,200
$275,600 $52, 040,825 $53,771,275
(i05,100
56, 435,800
69,872,100
$329.500
$3,844,975
$16,10n,S2.':
68,1880
63,1880
6s, 1881
6s, 1881
5s, 1881
58, 1881
4^38, 1891
lijs, 1891
4s, 1907
4s, 1907
reg. J.
coup. J.
reg. J.
&
&
&
&
March March'March March March March
15.
13.
16.
17.
18.
•103% •10358 •10358
»103% •103%*103% '103% •10358 •10358
nOS'a 10558! 105>s IO514 IO5I4 •lOoifl
10558 105%j*10538 105 "a •10514 •IO519
•103
•I0314 '103i4''103i4 -10319 •103
103% '103 14 "103 '4 •10318 103
103
IO7I2' 10734!*107i2 'IO7I2 •10758 '10758
107=8 10758;'107i2 107 12 10758 '10758
105%! 105% 105=8 10512 1051a 10558
*10658' 10658*10658 100 la 'IO6I2 106 Sg
n'25 '125 *125>4 '125 •125 •122
•125
•125 *125i4 •I2514 '125 •122
•125 125 •I2514 'I25I4 •125
•122
•126 •12514 •125 •122
J. M25- •125
125
•125
•120
•125
•12514
•122
J.
coup. J.
reg. Q.-Feb.
coup. Q.-Feb.
reg. Q.-Mar.
coup. Q.-Mar.
reg. Q.-Jan.
coup. Q.-Jau.
6s, cur'cy, 1895..reg. J. & J.
68, cur'cy, 1890.. reg. J. & J.
68, cur'ey, 1897.. reg. .T. & J.
6s, cur'cy,
6s, cur'cy,
*
This
is
1898. .reg.
1899. .reg.
the price bid
The range
class of
J.
J.
;
&
&
>
no saU was made at the Board.
in prices since Jan. 1, 1880,
bonds odtstanding March
Range
1,
Highest.
102% Jau. IS 104
Feb. 16
2
7 105''8 Mar.
Jan.
2 104
lOlis.lan.
Feb.
10638 Jan.
103 Jan.
and the amount of each
were as follows:
1880,
since Jan. 1, 1880.
Lowest.
6s, 1880. ...cp.
68, 1881.... cp.
58, 1881.. ..cp.
4I2S, 1891. .cp.
4s, 1907. ...cp.
19.
103% n03%*103%
J.
J.
J.
J.
Amount March
1.
1880.
Kegistercd.
Coupon.
$14,722,000
181,379,050
$3,507,000
63,552,650
29 290,703,050 210,715,850
81,337,200
2 I09I4 Feb. 17 168,662,800
2 107i4Feb. 16 513,417,350 225,544,650
64,623,512
6s,cur'ncy.reg, 125i2Feb. 13 I26I2 Feb. 17
103
Closing prices of securities in London for three weeks past and
the range since January
1,
1880,
Mar.
5.
were as follows:
Mar. Mar.
12.
19.
Range
since Jan. 1, 1880.
Highest.
Lowest.
I
105
Mar. 19 106-'8 Jan. 12
105=8 10518 105
llOM 110 IIOI4 lOO's Jan. 2 11113 Feb. 10
109% 109i8'x08i4 IOOI4 Jau. 2 10978 Feb. 19
U.S. 5s of 1881...
U. 8. 4123 of 1891.
U.S. 4a of 1907...
State
and Railroad Bonds. —The transactions in State bonds
are quite moderate, and the better bonds of the Southern list
are well supported by a home demand. In railroad bonds
there is less speculative business, but the investment boads are
kept up to very high prices, and even the 6 per cent bonds have
nearly all advanced above par.
Messrs. A. H.
MuUer & Son
sold the following at auction
Sh ares.
105
10 Jefferson Ins
6 Mechanics' Bauk'g Asso- 80>fl
106
8 N. Y. Gaslisht Co
100 Mauliatt.an Gaslight Co. .172
50 Gernian-Araerican Bank. 83
15
100 Chic. & Can. 80. RR
Bonds.
Ins.
scrip
71
Jefferson
$300
20,000 Rahway City 6s, due
Aug. 1, 1886, Feb., ISSO,
$12,000
coupons on
:
Bonds.
$5,000 State of N. H. 6s, duo
102%
July 1, 1880
15,000 United N. J. RE. &
Canal Co. 63, gold bonds,
II414
duel901
2,000 Chic. & Can. So. RR.
5213
Istmort
10,000 Rahway City 7s, December, 1878, coupons
$2,800
ou
Railroad and Miscellaneous Stocks.
—^The stock
market
has been feverish and unsettled, but closes without any great
change in prices on the general list. The present stringency
in money, and the fear of a much closer market about the Ist
of April, has been, unquestionably, the principal cause for the
weaker tone which has frequently been shown; but, as we re.
mark above, it is quite possible that the pressure in money
which is anticipated may not, in fact, be experienced.
The coal stocks, under the influence of a further advance in
anthracite, have been well maintained. The Vanderbilt stocks
are 1@2 per cent off from the prices of last weak, but in their
earnings for the past three months these reads have, no doubt,
shown a large increase. Quicksilver preferred has adv.mced to
76>^@77>^, which is said to be due to the expectation that the
holders of this stock will soon receive back dividends since 1870,
amounting, with interest, to about fifty-six per cent. The
amount of dividend will depend upon the report of the referee,
which is expected soon. Nashville Chattanooga & St. Louis
closes at 93, against 100)6 as the best price a week ago and
125^ on March 6. The stock was kept up as long as possible
by a pool, but finally broke, and the pool brokers unfortunately
broke with it.
„ .
A street report says that the managers of the Louisville &
of
capital
the
Nashville Railroad Company propose to increase
their road from $9,000,000 to $20,000,000, and to offer the
$11,000,000 additional stock to present holders at 50 per cent.
.
..
WARcn
:
.
THE (JHliONICLR
1680.]
20,
4
....
..
will give the company $5,500,000 cash, with which, it is
Vice-President
said, tht^y propose to pay off the debentures.
The
This
291
and the
latest railroad earnings
given below.
latest dates are
totals
The statement
from Jan.
1 to
includes the gross
& Nashville, saya of the Ohio & earnings of all railroad-s from which
retarns can be obtained.
have never invested one doflar in the stock of
the Ohio & Mississippi Uoad as a company, nor have I individu- The columns under the heading "Jan. 1 to latest date" furnish
ally." Ohio & Missisiiippi, however, advanced again above 40 the gross earnings from Jan, 1 to, and including, the period
and closes at 39%.
mentioned in the second column.
The Gould stocks have been among the steadiest, and on a
ijitcBt enrulnKK reiiorted.
^-Jan, I to latest <late,-N
Mr. Cyrus W.
small business show moderate fluctuations.
Week or Mo, 1880.
1870.
1870,
1880,
Field has resign(id the presidency of the Wabash St. Louis & Ala.Gt, Soiitlicni.Fcbniary
«W3,0Ul 9100,028
Newcomb,
of the Louisvilte
"
Mi.s.si.Mxippi;
We
—
—
.
,
.
Pacific as well as the New York Elevated, intending to retire
from active business. There is nothing new in the telegraph
war, and it is u.seless to predict any particular results to either
company until something further is settled by the profuse liti-
Albnny
7-1
73
40>j
4S«
Onnada South.
Oent.otN. J..
B7
07
86« W7H
«l>i »1H
2SW 23h,
Cent. PbcIIIc.
Chos. ftUhlo..
Do
Do
Chic,
Ibt prf
Zd
Chic Bur.& O.
Chlo.M.iSt.P.
Do
Chlc.H. I.*P.
Gh.8t.l..&N.O.
Ohlc.Mt.P.&M.
Clov.C. O.&l.
Col.Chlc.tl.C.
Del.&ll.Canal
Do
(liie.
NorthW.. February .1,153,800
Clile. St. P. & Min 2d wk Mar.
23,()1) I
14,r),s4
Chtc.& W. Mich.. 1 St wk Mar
2d wk Mar.
14,1 :>'<
Cln. & Sprlngf
05.301
Olcv. Col.Cin. & 1. 2d wk Mar.
ii..-.<)7
Clev. Mt.V. & Del .4th wk Feb
Del.&H.Can., Pa. Di v.,I an.. 11J.1(;3
Denv.S.P'k&Pac. February
135,130
22.7!)1
net. lAins. & No. .2d wk Mar.
is. Ill
Dubiuiue&S.Clty.lstwkMar
Chic,
155
50
79
50
iftii
igi«i!i'^
160
10.!
.
79X
17W 18
84%
in'A
WW
isS
92)1
soji
IM
;i7K
70«
71',,
83
s:;
52« 54«
Manhattan....
Mar.&C.lstpf.
I>o
2d prf.
MIch.Centrul..
25
If*
11
43y
J08
Nash.Ch.4StL.
85
NewCent.Coal
SOJi
108
89
8S)«
31
N.Y.O.AH. K.
N.Y.L.K.SW.
Kaii8.C.Law.&So.4t.hwkFeli
K.C. St.J. &C. B.4thwkFeb
LitttcRk. & Ft. S.February
.
44)4
108
04
& Nashv.lstwkMar
Minn. & St. Louis. 1st wk Mar
liOuisv.
.
Mo.Kan.&Te>:aa.2dwkMar.
Mobile
Mobile
129iil29«
44|2 45
09)1 OOM
27?s 28
pref.
N,Y.Ont.A,VV.
27)2 28
Northern
S3
I*ac.
Do
Panama
Phil. & llead'g
St.L.A.&T.H.
Do
prof.
iiU 46%
40-)^
'175
ei
4214
pref.
57W
43!
67;
42>i
57>5
Ist prf.
l*80«
..
80«
57K eoH
42W 43X
5Rit 5«^
60M
43 J4
57K
.
42H 42H
42.?4
78
3
prof.
Sutro Tunnel
a)«
3
3H 3 91»
Union Pacific
91^ 91
90« 9i;<i
Wab.St.L.i P. 43M_ UH 43% 44H 43)1 44h
«8M
pref.
«»J^
ma
08%
07Ji
2«
2^
2%
44 W
or
1)4 OIH
4:!?i
108
100
;
I
;
uo
sale
was made
at the Board.
Total sales of leading stocks for the week ending Thursday,
in prices for the year 1879 and from Jan. 1, 1880,
and the range
to date, were as follows:
Range
since Jan.
1,
Range for
Year 1879.
1380.
Week,
Shares.
Canada Southern
Central of N. J
Chicago & Alton
Chic. Burl. & Quiney
Chic. Mil. & St. P....
Do
&.
Do
f 'hie.
do
pref.
Northw
do
Rock
Isl.
pref.
& Pac.
Col. Chic.A Ind.Ccnt.
Iliuison Canal
Del.
Del.
&
Lack.A Western
Hannibal & St. Jo...
Do
do prof.
Illinois Central
Lake Erie & Western
I^nisville
&
Nashv.
Manhattan
MiehiKon Central
Missouri Kan. A Tex.
Morris A lOssex
Nashy.Chatt.&St.L.
N.Y.Cent.AlIud.Riv
N.Y. Lake ];. A West.
Do
do pi-ef.
Northern Pacitlc
Do
Ohio
uref.
A
Mississippi
Pacitlc Mail
..
Panama
& Reading.
St.L.IronMt.&South.
St. L.i&San Francisco
Phlla.
. .
Do
Do
pref.
1st pref.
Union Pacillo
Wall. St. L.
Pacitlc
Do
do, pref.
Western Union Tel..
A
Range from Sept.
Lowest.
e4''8
380
991.J
Jan.
2,390 130 Jan.
51,000 75i4Jan.
4,427 100=8 Jan.
99,810 8812 Feb.
2,900 104 Feb.
1,770 149 Jan.
lOio Mar.
0,525
22,413 7018 Feb.
107,440 83 Jan.
18,950 33% Jan.
15,370 04 Jan.
3,200 00% Jan.
31,085 2012 Jan.
5 1 ,502
081s Jan.
0,370 80% Jan.
95,177 41i8!Vrhr.
20,530 88 '4 Feb.
50,500 32 Jan.
1,580 101% Jan.
56,020 70 Jan.
13,810 129 Jan.
256,506 4178 Jan.
4,100 0758 Jan.
4,070 31 Mar.
0,238 53 Feb.
178,985 2878 Jan.
171,532 3012 Jan.
108 Jan.
25,400 04 Feb.
54,53(i
49>8Jan.
3,350 40 ,Iaii.
1
1,250
4914 Jan.
745
08i2Jan.
3,743
40,»(i0
01,100
93,052
25.
t
8412 Jan.
42
05
Mar.
Jan.
Low. High
Higlicst.
Mar. 1
79i2Jan. 23
4,750
43,800
. .
.
.
.
2
2
5
2
11
10
74I2 Jan. 14 45 14 7812
90 14 Mar. 8 33 12 8978
1 IOI4 Feb. 20
75 IOOI4
152 Jan. 20 11118 13412
8212 Mar. 8 34:>h 82%
105
Mar. 19 74:>4 102%
9512 Mar. 15 49'M 941..
107% Jan. 8] 70^8 108
2 103 Mar.
5 25i8Jan.
12 8514 Mar.
2 0412 Mar.
2 42 12 Feb.
7 70 Feb.
2 IO5I2 Jan.
2
5
38%
19 119
20
5
10| 38
8, 43
24' 13I4
24' 34
21' 7914
Mar. 4 '10
111% Mar.
4
07
.
wk Mar
0.201
Southern Minn... January...
Tol. PcoriaA War. 2d wk Mar.
Union Pacitlc
II dys Mar
50,128
27,712
Scioto Valley
30,
St. L.
1st
A Pac
.
1 st
wk Mar
WisconsinCent... February
Wiacousiu Valley .1st wk Mar
.
,585,10.5
1,200,238
1,105,098
178,428
1,,8 90,000
2,308,432
202,904
147,132
1,342,312
1,897,944
176,608
20,.">41
172,384
750,078
07,028
112,103
270,730
118,286
500,180
52,622
88,063
1.57,010
202,314
257,050
103,139
135,014
103,239
175,000
1 14,030
1,085,089
1,.554,869
779,243
432,290
319,041
879,909
239,550
745,261
309,056
200,746
844,450
103,0,57
180,930
305,594
58,001
11,1)02
10,lH2
53,074
0,t)00
88,003
17,004
10,079
103,230
20,728
114,030
104,094
80,017
47,480
2(;o,740
308,508
98,353
21,014
27,305
58,001
13,471
0,904
202,0,54
355,049
78,010
30,0.53
23,570
102,.575
0,(;07
54,083
80,809
40,403
157,279
25,587
2,210,304
1,147,173
33,002
205,002
44,058
3,822
5,101
8,300
2,543,425
2,773
212,748
957,215
70,540
14,414
10,701
00,.5G5
22,400
23,431
60,070
4,042
37,151
22,001
425,325
198,385 -1,36,474
54,800
85,171
3,311
0,821
48,597
983,689
62,235
496,428
80,800
445,187
205,634
157,270
49,810
25,587
4,910,844 4,235,116
88,447
1,301,074
100,400
852,591
78,154
538,379
1,290,381
1,147,173
33.i^'l94
2G5;602
81.672
43,123
41,392
25,435
138,262
05,582
57,100
32,050
3,083,552
2,543,425
224,307
212,748
1,316,080
114,451
9,57,215
220,045
117,470
1,173,203
483,298
38,190
317,884
195,893
47,904
50,128
252,615
79.549
140,890
103,353
769,755
209,380
23,431
140,521
46,099
37,151
216,869
U41,391
1,363,516
177,827
111,449
Exchatigc—Foreign exchange has been strong during most
week, though hardly as firm to-day. The actual rates
for bankers' 60-days sterling bills are 4 85@4 85 M and for demand 4 88@4 88^. Some of the bankers talk of an export of
specie, but we hardly look for such a movement to any conot the
siderable amount.
The following were the rates of domestic exchange on New
York at the undermentioned citie.s to-day: Savannah—buying 1^, selling ^ premium Charleston, buying %, selling % ;
28
89% New Orleans, commercial, 1'50 premium, bank 2-50 premium ;
94
weak, 75@80c. discount and
41% St. Louis, 50 discount Chicago,
70% Boston, 25c. discount.
100%
Quotations for foreign exchange are as follows
28%
1.50 12
;
;
;
:
108
8 l63i2Mar. 5 35
89%
3 57 12 Mar. 10 35
72 14
11 95
Mar. 5 73% 98
2 49i4Jan. 27
5% 35%
6 IIOI2 Feb. 28 75% 104%
21 128
Mar. 5 35 12 83
31 135 Jan.
139
8 112
5 4978 Feb. 2 21% 49
20 73^8 Feb. 2 37 12 78%
10 30 Jan. 14 tio
40%
10 00 Jan. 13 t44i4 05
5 4412 Mar,
7% 33%
5 62
Mar, 8 10% 39%
2 185
Feb. 17 123
182
11 7238 Jan.
3
2 00
50
Feb. 17 13
5 48
318 53
Feb. 2
2 60 14 Mar. 8 • 4ie 00%
2 8312 Mar. 9
0% 78%
9738 Jan. 19 57«2 95
1
48 Jan. 27
2 720HJan. 27
OlllOHs Feb. 2^1 SgiVilllO
99%Jan.
Range from July
.
f67,035
77,862
708.294
208,046
l.^j(i,>i70
109,804
3i)l,G31
230,068
48,124
34,481
44,733
37,908
2,201,000 2,146.857
401,018
190,760
1,310,154,5
809,824
)n),002
l,00,'5,50O
;i«!l,48«
10,.'i4.'>
18,002
143,743
880,023
.
Wab.
Sales of
.
.
o,s.>,
111^ 107
These are the prices bid and asked
NorthernCentral.January ... 331,194
Northern Pacitlc .February
50.419
Ogd. &L. Champ. Ist wk Mar
7,108
Pad.AElizabetht.3dwk Feb.
0,038
P.id.&Mcnipliia..3dwkFeb.
4,269
Pennsylvania
January. .3,083,552
Peoria Dee. & Ev. let wk Mar
5,503
Phlladcl. & Erie. Janu.iry
224,307
Plilla. & Reading. January
.1,310,089
Rensselaer* Sar. January
114,451
St.L.Alt.&T.H. ..1st wk Mar
22,302
Do
12,370
(brchs).lstwkMar
St. L. Iron Mt.A S 1st wk Mar 124.830
St.L. A San Fran. 2d wk Mar.
41.100
St.Paul & Duluth. January
38,190
St.P.Minn.A Man-February
137,045
St. Paul A S.City.. February
9 1 .024
.
22>4
ROM
West. Un.Tel. llOtyUHiilll
4S1,,
....
to'
St.UI.M.&So.
'
.
.
49« bin
St.P.&SUiuxC.
.
40.850
110,375
9,250
79.910
7S,154
40.709
205,034
49,810
.
75
09Ji
22>«
AMontg. January...
& Ohio- .2d wk Mar.
8,220
.35,309
N. Y. L. Eiie& W.January .1,290,381
N. Y. & N. Engl'd 1 st wk Mar
38,337
S7V;
St.L.A S.Fran.
Chic.
103,130
Nashv.Ch.&St.L. January...
N.Y.& Canada.. January...
N.Y.Ceut.&IIud.Fcbraary .2.317,231
82%
31
20
85
73
75
00
pref.
Pacitlc Mail...
83^
m>^
5m
2H
53^
pref.
Ohio Central..
Ohio & Miss...
*
i'l'A
lO'/i
2S
Ks.so-T.
Do
45
oiji 02
Mobilo&Ohio.
Mo.Kann. &T.
Do
2l),i);U
.
LoulHV.&Nush
Do
Do
202,31
.
Illinois ('ent.
iMkc Erlo&W.
Lake Shore....
Do
.
Grand Trunk. Wk.cnd.Mar.O 104.708
94,011
Gr't Western. Wk.end.Mar.5
nannlbal&St.Jo.2awkMar.
47.711
Houst. ifcTexas C.January ... 319.041
Illinois Ceu. (III.). February
402,073
(Iowa). February
Do
120, 1 3,^
Indiana 131. & W.. 1st wk Mar
22. .599
Int. &Gt. North.. 2rtwkMiir.
27.950
Iowa Central
January...
78,019
K.C.Ft.S.&Gulf.lstwkMar
23,529
88W 84^
Hous.&Tejt.C.
Do
. .
,Taiiuaiy
Kastci'n
Flint APereMar.lstwk Mar
Gal. IIar.&.San A. January.
40>^
60
I
a,'>,:f..'i»
.
igSgi8?«
pref.
Mor.A
&
.
HI?
8^
Dol.Lack.&W.
Han.iSt.Jo..
07
80
9S>
154
40
MU.&St. P.2dwkMar.
13.0(13
22.0:i7
1!»1,000
Bifi
26Ji
106^ 107>4
prof.
lOD.Mil
4.'.141
07
14.S
il4S
i,5(;,>57t)
Chlc.Cl.Diib.AiM.lntwkMar
Chlc.&Kast. Ill..IstwkMar
111.-.
;io^o7>.
107
SIM
298,(i4(i
.
.
UHii 104i
prof.
Chlc.&.N.W..
.
Miir
Nc.lBt wk
Cairo & Ht. Louis. 4th wk Feb
4,238
Carolina Central. .lanuaiy...
44,733
37,008
_
Central Pa<illc-..Fcbi-u.iry .1,038,0001,050,001
February. 198,083 102,003
cues. & Ohio
Chicago & Alton .2(1 wk Mar, 103,083
87,1.')0
tj...,lanuary..
(i)Mc. liml.Ac
1,200,238 1,105,008
23M 2i«
25
23
107
143
i>rf ..
44
aa>,
.saS
i Alton.
I>u
45^
eou
86«
77,.')<I2
114,4.').'5
.
Saturday. Monday, Tuesday. Wednefld. ThurBday, Friday,
Marcli 13. March 15. March lU. March 17. March 18. March I'.i.
Atl.&l'nc.Tcl.
!»!),!Mi2
1 IH.OOO
:tK!»,4H(i
llur.C'.Kap.it
gation.
The daily highest and lowest prices have been as follows:
Am.Dist. Tel.
it Siino ..January. ..
Atch.Top. A S. Fc. l»t wk Mur
&
Gt.Wc.f
t. . .. Jamiaiy
.\tl.
Atl. Mi.ss. & Olilo. Juuuriry
Sixty Days.
M,vEcn 19.
4 84%®4 85
4 841*34 84%
4 83%®4 84 >4
Prime bankers' sterling bills on London.
Good bankers' and prime commercial.
(lood commercial
4 83i4n>4 83%
Documentary commercial
.
18%
Paris (francs)
5 2058315
Antwerp
5 21 14^51939
(francs)
Swiss (francs)
Amsterdam (guilders)
I lamburg (reichinarks)
Frankfort (reichuiarks)
llreincn (reichinarks)
Berlin (reichmarks)
The following
are quotations
$4 82 ®$4 88
Napoleons
3 82 •» 3 87
X X Reichmarks. 4 72 ® 4 78
XGuildere
3 92 ® 4 00
Span'liDimbloons.lS 80 alO 00
Jlex. I)ouliloon8..15 45 ®15 65
Fine silver bars .. 1 14 ® 1 15
Fine gold bilrs
%iirem. a %iircto.
Sovereigns
5 20=835 18%
40 a 4011
94l>8® 05
04«e® 95
04<S8'a 95
.94B8» 05
•Demand.
4
8S%®4
4 88 ®4
4 87i4®4
4 80%®4
5
5
5
89
88ifl
87%
87%
18%a5 1618
18% a5 1678
17%®5 16H
4OI49 40»a
95i9» 95°g
95i«» 95^
95ie® 95Hg
OSiga 951%
in gold for various coins
00%®
Dimes & % dimes.
00%®
Silver Hs and %8.
92 a
Five Lanes
89%®
Mexican di Uara..
—
par.
par.
—
— 95
—
— 91
—
Eut'llsh silver .... 4 70 ® 4 80
Prus. silv. timlers. — 08 9 — 70
— OOUS' — OOSg
Tr.ide dollars
New silver dollars — 09 % a par.
"
..
,
.
t
.
—
tt1t
.
,.
,...
,,
.
,,.
IBE CHROI^KvLK.
292
—
I^etv York City Banks. The following statement shows
the condition of the Associated Banks of New York City for the
week ending at the commencement of business on March 13, 1880:
Average nmount of
Net dept's CirculaCapital.
Banks.
Loans and
snp/>iA
"POO'S-
discounts.
(
t
New York
8,000.000
Manhattan
Merchants
Co...
2,000,000
2,000,000
1,200,000
8.000.000
Meohuiiics*
Union
America
Phcenlx
taty
Tradesmen's
Fulton
Chemical
Morch'nts* Exch.
Gallatin Natlon'l
Butchers' AlJrov.
MechunlcH'
S.OfiO.OOO
Jt
Tr.
Greenwich
Leather Man'f rs
Beventh Ward...
State of N. York.
American Exch..
Commerce
Broadway
l,O0O,»(]«
1,000,(KX)
1,000,(X10
eoo.otx)
People's
North America..
Uanover
IrrlnK
Metropolitan
1.308.800
851,000
844.V00
2.8i«.H00
1.017.000
3.317.200
13.948.UO0
14,08;.000
5,235.500
300,000
800,000
5,000.000
6,000.000
1,000,000
600,000
500,000
500,000
1,000,000
1,000,000
soo.ooo
400,000
Continental
Oriental
Marine
Importers'
& Tr..
Park
Moch. Bku. Ass'n
North Kiver. ...
Bast RlTer
Fourth National
Central Nat
Second Nation'l.
Ninth National..
1.3IJ0.400
2.377,5(jC
7.709.900
2.69M.0OO
12.927.000
1.941.000
2.172,400
2.463,700
2,204.700
3.502,000
3,641,700
5.560.300
1.506,700
2,925,000
19,904,700
16,503,900
813.400
8B3.-00
1,045,900
1,500.000
2,000,000
600.000
240,000
260,000
3,200.000
2,000,000
Total
407, 10(]
3S9,70(.i
637,000
341,201
1,400,001
23,200
556.000
5,105,70<-l
3.730.700
173.100
28,900
127,700
3.229,200
1,209,000
420.000
712.000
3,99a,000
2.537,000
190,400
2,6*19,000
4.535.100
13.535.000
9.181.400
1.349,300
250,000
200.000
750.000
300,000
N. York County..
Germ'n Americ'n
Chase National.
267,400
150,000
8,695,000
Third National.. 1,000,000
N. Y. Nat. Exch..
300,000
Bowery National
443.201I
2.71)2.000
lB,8:_tO.OOO
300.00(1
75n,0(Xi
500,0<XI
First National..
590,400
2,208.000
4,242,200
028,500
739,300
283.300
719,900
705,400
122.200
225,000
1.558,100
2.377.600
5.38U,K00
3,707,200
600,000
Nassau
Marliet
St. Nicholna
Shoe & Leather..
Corn Exchange.
LW.OOO
3,«7C.,100
1,SOO,000
4S0,000
412,500
700,000
1,000,000
500.000
3,000.000
Citizens'
577.000
1,025,800
371,800
318.000
3,432.500
844,700
401,800
298,600
94,000
20,400
3~J,700
l,'2O«.20O
4,139.8(.K)
422,700
Republic
Chatham
3,»«).()00
0.1)50,100
1,727.500
12,477,600
3,735,»U0
900,000
1,000,000
1,000,000
300,000
200,000
200,000
600.000
Faclflo
2,405,000
777,800
1,166,400
1.187,000
1,113,600
a.om.oou
1,000,000
1,000,900
Mercantile
10,430.000
6,405,000
7.158.700
7,800,000
4.655.800
«.514,T00
1.4'i0,700
33.000
1.281,800
l',J,10O
2.2;l.0lXl
204,100
574,800
3,081,800
Legal
other
Tenders. than U. S.
(
350.000
70.300
186,900
391,000
78,500
254,800
60.000
89,000
58,400
76,200
231,700
163.500
156,700
30,700
174,000
232,400
183,000
116.400
114,800
337.0(XI
812,500
323.900
283.800
152,800
495,000
400
661.000
44,500
8,989,801'
1,100
6,928.300
2,705,000
9,677,400
1,807,200
1,433,000
896.000
178,700
3,282,100
3,702,600
1,301,800
2,202,800
1,123,300
7,574,10(1
800.000
439,000
45.000
208,200
3.900
397,000
8,400
I
1,93;,4CI0
2,007,800
1,840.200
3.703.000
2,049.800
436,li;o
450,000
4,50,000
4,600
749,100
5,854, :oti
l,3:i6,8O0
8,135,000
21,778,900
18,699.400
179,000
1.108,2
635.100
8i0,00(i
335,21)0
782,100
806,400
10,162,800
7,931,000
3,000,000
28'i.400
4,3:)5,100
105,50«
313,000
14,457,000
a'!.200
1,039,600
224.4i>0
810,000
1,477,000
43,000
450.000
430,000
793.500
io,'i5'l,600
circulation
do mort.,
do
do
do
do
do
do
66, old,
118
64 k
reg
'g."'
58, coup...
reit
48, coup,, 1913
cp.,19W.
5s, reg.
6s, gold, reg
4
1.U6.000
1,318,700
1,839,600
3,180,200
exempt,
4 coup,
rg,
Camden County 6s, coap
Camden City 6a, coupon
78, reg. 4 coup.
do
Delaware 6b, coupon
HarrlBburg City 6s, coupon
RAILROAD STOCKS.
57>,
—
268.8(Xi
224,2.)0
Nesqoehouing Valley
180,000
North Pennsylvania
270,000
..Dec.
35,000
Norrlfltown
The
following are the totals for a series of weeks past:
Loans.
Auk.
•^
"
"
$
2. ..287,280,100
9. ..272,9:16,000
18
21.
'•
so.
Sept. 6.
" 13.
" 20,
" 27,
Oct.
••
"
"
Not.
••
"
Dec.
"
4.
11.
18.
25
1
8.
15,
6
13.
20,
27.
1880.
,'
"
Jan.
Specie.
3.
.274,311,000
..263,570,100
.,258,180,300 19,684.700 41.279,.300 228.817,400 20,942,500
.,257,386,800 19,753.800 40,088,900 226,638,800 21,372,,-iOO
,,256,960,400 19,876,900 39,481.100 225.572,800 21,603,600
,,260,391,000 19,042,000 42,029,400 228,271,000 21,384,900
.,260,763,700 20,017,400 40,047.700 229,983,000 21,531,900
.,266,304,300 20,149,100 38,093.500 231,920.700 21,9:12,400
,,268,701,800 2'2,566.300 30,4.'».500 232,780,500 22.080,100
..267,505,600 i!6,.3,S3.600 33.097,700 232,805,300 22,286,H00
.,269,433,300 27,682,800 30,151,700 231.668,000 22.448,700
.,271,238,000 29,875.300 '28,616,900 234,412.000 22,600.500
,,270.076,800 33.82:1,800 23.486.900 231,927,700 22,:J41,500
. .268.5;f8.,'<00
42,992,800 22.095,800 239,201.200 22.475700
.,276,194.400 50,006,700 18,9N3.200 250,297,300 22.,5.30.400
,.273,439,000 62,310,700 10,771,700 247,185,500 23,024,800
,,273.101,100 54,771,000 14,673,200 247,030,100
23,255,100
,.276,730,100 54.069,400 13,403,900 247,568,'2flfl
23.463,800
,,'278.098,100 60.842,000 12,51:1,400 246,118,600
23,651,900
,,277,584,200 48,638,200 12,089,700 242,062,200
23,732,900
.,276,';
,706,200
10
..276,1
.116,100
17. ..S76.S
.990,900
„
Feb.
"
•'
Mar.
L. Tenders. Deposits. Circulation.
t
I
*
t
19,852,400 57,635,100 254,770,700 20,694,800
19,824.100 60,435,500 263,230,200 20,682,100
19,553.200 43,974,000 248,474,600 20,719,500
19.631,100 41,838,600 236,953,900 20,827.300
55
101).,
50
102
50)«
,068,«00
j„.194,500
7.,,, 290,381,600
14,
,445,200
21,
,091,200
28. ...293,!
,546.600
6. ,,.297.1
,136,500
IS. ...297.i
,236,900
81
48,282,100
61.473,500
53.558,600
51,832.200
60,312,800
52,994,600
51,746,500
59,887,200
67,4;3,300
58,035.000
57,927,900
«
491,716,201
600.036,583
605.012,052
4.82,688,369
47li,5a:!,861
452,345,J66
607,109,348
530,921„366
591 ,8,'>9,5(K)
Pittsburg TitUBV.
4
Buff
"I'sji
pref.
do
Bt. Paul ft Duluth R.15. Com
do pref.
do
United N.J. Companies
West Chester consol. pref ..
722,60;i„3,S9
660,418,618
586,014,073
242,087,100 23,748,000
246.895,800 23,812,900
253,731,900 21,8.35,9l»
257,483.700 21,662 900
259,075,900 21,529,900
264,404,200 21,aS3,200
16.080,,000 267,128,100 21,599,600
15,605,,600 271,601,000 21,282,200
„,„,.,000 271,012„800 21,174000
14,168
12.130 ,400 271,483.400 21,(»I2 100
11,6521,400 270,381,000 2o;967;iOO
604 197 943
657'605'26
787'•"^•'""
728 19,"
743,125,031
773,270,895
7'20,078,1.30
.w„,ni,u
683'453'367
795 314 114
7-25419835
89^0 4025
"
S^lsOlisS
NOTK.- With Decern ber 27 the Grocers Bank
disappeared from the list.
:
'
BOSTOM. PlllLAUELPflirnFofHErniTlis:
SSOTTBITIBB.
Bid. Ask.
BKOUBITISS.
BOSTON.
.
13»1
93H
]
1
77
80
142^ 143
94
12*8"
133>4
"34
141
51
66
B^H
14X
14Jt
rto
40
lat m.,6a,190-i.
2d m. 68. '8i.
68, '17.
5p, 19,6,
Norfolk water,
new
112
88
118)t
BAILBOAD STOCKS.
Par,
Balt.ftOhlo
Istprif
do
103
Camden AAmboy
6s,coup,'33 10454
6s, coup., '89 107
do
do
mort.
68, '89
Cam. ft Atl. lat m. Ta. g.. 1>93
Cam. 4 Burlington Co. 68, "91.
Catawisaa Ist.Ts, conv., 'j2.
chat, m., lOs, '88 ,.
do
new 78 1900
do
Connecting 68, 1900-1904
Chartlers Val., lat m. 7s,C.,l901
Delaware mort., 6b, various.
Del. 4 Bound Br., Ut, 78.1905
East Penn. lat mort. 78, '83
E1.4 Wmsport, ut m., 7s, '60.
5s,perp
do
Harrlaburg let mort. 68, '83...
H. ft B. T. Ist m. 78, gold, '90,
'2d m. 7s, gold, '95,
do
3d m. cons, 7s, '95*,
do
Ithacaft Athens Ist g d, ;8.,'Sa
Junction Ist mort. 63, '82.
2d mort, 68, 1900
do
Lehigh Valley, lBt,6a,cp., 1898
do reg., 1898.
do
lUM
,
do
do
do
m.
116
ibii
m
111
109
71
118
118
124J» 125
con.m., 6B,rg.,1923
6a,cp.,19J3
do
lat
112
112
m.8a,
. .
68,
ft
Ham. 4
4
.
Indiana
1
at
m
,
do
do
do
do
do
do
106)1
.18)4
iO«)S
UO
105X
104X 105
6a, 's2 to '87
104)4 105
68,'97to'9>i
104M lOS
water tis, '87 to '89. t 104)4 105
water stock 68,'»7.-t lt4)< lOS
wharf 6a
lOJX 109
V.3H
112
102
104 X lOS
ll'7)i
100
110
108
101
uox
u«
113
116
L,ouIs.4 Fr'k.,Louiav.ln,68,'8:
LoulBV. 4 Nashville—
Leb, Br, 6s, '86
t 104X 105
Ist m. Leb. Br. Ex.,7b,'80-85.+ 104
105
do
6b, '93...t 104
Lou. In.
105
Jeflerson Mad. ft Ind stock, 103
loe
ST. LOUIS.
8t.
54
88)!i
LoulB
6s,
do
do
do
do
water
do
long
i
6s,
gold
do
1
t
And
Intere,"
105?i
106
new.-j- 107
S
St.
61K
106
106
104
i 105
7s
Loul8VIlle7s.
16
116
105
78Ji
6b, rg,'81
i Per share.
Cou. to Jan.. '77. funded
US
st'k, pref, 130
• In default,
I
106
lOS
U75»
D.l8tm.78, '80t, loOX
103
2d m. 7s, '85
100
101
Ind., 7a, guar
bridge appr., g. 6B.-f
renewal, gold, 6H.t
sewer, g. 68, '91--2-3.t
Louis Co. new park, g. 6s.
do
cur.iB
f
,
107
2d m,7s, 'n,.-!- 101), 102
do
Colum. ft Xenla, 1st m. 7b, '90 U06
Dayton ft Mich. 1st m, 7s. 'SU
do
2il m, 7a,'84,-(- !l03
do
3d m, 78, '88t 102
Dayton 4 West. Istm., '81
do
lat m., 1906,
do
lat m. 68,190) tlOl
Ind. Cln. 4 Laf. Ist m.7s
do (I.4C,) l8tm.78,'88+ i05
Little Miami 68, 'es
+ lOJ
71
Cln. Ham. 4 Dayton stock.
125
Columbus 4 Xenla stock
it
Dayton ft Michigan stock..
120
do
8. p.c. st'k, guar
1I8X 120
Little Miami stock..
1
Perklomen
4
?a
LOUISVILLE.
78,'S2
cp.,'85. lOS^K
Ist in, 6a,coup,,'y
Erie lat m.6s, cp.,'3l
Fhila.
2d m. 7s, cp„'S8,
do
Phlla. ft Read. 1st m. 6b, '43- '44
45)s
f 105
lung
apec'l tax6s of '89.-1
Pennsylv., lat m., 6a, cp., '80., 102)4
Loulavllle Water 6a, Ce. 1907
gen, m. 68, cp,, 1910 U7
do
Jeff. M.4I.lat in, (14M) 7k,'81t
gen. m, 68, )'g., 1910,
do
do
2d m., 7a
1
cons, in, 6a, rg., 1905.
do
lat in, .73, 1906,..,
do
cone. m. 6a. cp,, 1905,
"do
114),
Loul8V.C.4Lex. 1st m.7a,'»7t
Navy Yard
do
Penn. Co ,63, reg
108
79)4
CINCINNATI.
do
7s
1
7-30B
do
f
do
South. RR. rSOs.f
do
do 6s, gold, t
Hamilton Co., O,, 6s. long., .t
no
78, 1 tooyra,,t
7 4 7-308, long,-!"
do
m.
2d ra.7B,cp..'96.
do
do gen. m. 7s, cp,, 1903.
do gen. m. 7a, reg,, 190^
Oil Creek let m, 78, coup.,'8^.
pittab. Tltusv. 4 B„ 7a, cp.,'96
Pa.ftN.Y.Cft l{K.7s,!896....
A
2d, M,4 N
do
8s, 3d, J, 4 J
do
Union RR. lat, guar,, J. 4 J,,
Canion endoreed,
do
do
,
7b, reg., 1910.
Connellevllle..SO
.
Cln.
CIu.
llOJi
.
1
4
Cln.4 Cov. Bridge
do
'48-,49.
do
2d m.,78, cp., 9,
do
deben., cp.,'?3'
do
•
do
do
cpa. o&.
scrip, 18S2.
do
In. m, 78, cp,l8£fl
do
do conB. m. Ts, cp.,19ii., 118
do couB. m. 7b, rg.,i9:i.. U8
85
;58
100
4
cm. Ham.
,
2
Bait.
Cincinnati
3dm.
do
.
61i,
Q—
-i
I35H
,
4
68,exempt,'JS.M,&S
6s, 1900,
J
68,1902, J, ft J
.Mar. ft CIn. 78, '92, F. ft
RAILROAD BONDS.
North. Penn,
110
108
Ul
Ohio 68, 1880, J,4J..., iom
6s,lS83,A,&0.
do
109)«
N. W. V«. 3d m,.guar.,'S5,J4J
PItt8b,4 Connell8v,'i8,'98,JftJ lUJi'liS
Northern Central 6s, '85, JftJ 107)ij 103)4
6a,1900, A,40. UO
....
do
do 6s, gld, 1900, J.ftJ, lOS ....
Cen. Ohio 68, latm,,'90,M,4S, 107H....
VV. Md.6s,Iatm.,gr '90,J.4J.
do 1st m„ 1890, J. 4 J,,.
do 2dm,,guar., J.ftJ
90
98
do 2d m., pref
do 2d m..gr. by W.C0.J4J 108 I....
do 6b, 3d in,, guar., J.ftJ,
pref...
Little Schuylkill, lat
.
ima
.,
J,4J
Pittsburg
160
1
do
Bid. ABk.
Old Colony, 7a
I'M Colony, 6a
,. ^
Alch.
& Tcpck«l8tm.78
Omaha & s. Western, 8s ."'"
115«
uo
land grant 7«
fueblo & Ark, Valley, is
2d7s.
50
Kutland 63,isl mort
isi
land Inc. Ss.
_ ^ do
Vermont <v. Canada, new 8b"
Boiton & Maine 7« ....
Vermont lib Mass. Ii8.,6a
i»u«tou « Albany 7b...
121«
STOCKS.
do
68..
112
Atchison & Topeka
x
Boston & Lowell 78
At hi Oil & Nebraska.
do
68
^
BObton ft Albany
^eston
& Providence 78
Boston
132X
&
Lowel'
Burl. A Mo.,Iand(franl7fl...'
"x
114
*.'...
IBoaton A Maine
do
Kebr.68Ex
109
109^ iBoston & Providence....
do
Nebr.63
„
Burlington ft Mo. in Neb. x
conn. & Pa«8um|jelc.7B, 189; ; 102
109J<
Cheshire preferred, ...
x
Kastcrn, Mass., 4»8, new
fChic. Clinton Dub. ft Mi'n'
•• V2H
FltchbtrgKB.,*?..:..
iCin. Sandusky ft Ciev.
do
;;;."
78
Concord
Fort 6cott*Onlf ;a.. .
lOOHi 10«»i Connecticut River,.,.."..'.*"'.'*
Hsj-<ford4firle78....
57)( 37,14 Conn. & Passumpalc
h,an. City Top. 4 W ., 78, lit
x
114
Eastern (Mass.). ,.
,.,?o,
do
78, Inc..
_
Eastern (New HampBhlre)!:;
K. I Ity Lawrence A So. 4s.
88
87
FItchburg
Ka«.city.8t.Jo.&c. B.;8. ima 107
X
Fort Scott* Gulf, preferred
Llnle li'k & Ft. 8n-.Uh.78.ist 80
common.
.1
„
Df°
.
lOOJi
101
K.
C.
Law,
4 Southeru. ...
Now iork* NewEng.-.B
llli< 112
Ogdeiisburg A Lake ch.sa
,: V S5' '''• * '"ouncll I'lnits
Little Bock ft Fort Smith-
1S8L quart,,
6a, 189L', quarterly.
68, park, 1890, IJ.— M.
6a, 1893, M.
S
19
Bns<iuehBnna
,
fttlOTATIO.NS IN
6s,
68,:866,
BAILBOAD BONDS.
SchuTlkll NavlgaUon
Belvldere Dela.
942,922,768
779,036,847
850,810,848
do
do
do
do
do
do
do
do
36
68
38J<
798,96(1,746
870,0H2,O.'j9
12.723,,jOO
14,097 ,800
15,914 ,200
17,143,,500
18,586,,000
18,4.37 .900
CANAL STOCKS.
Chesapeake ft Delaware
Delaware Division
Lehigh Navigation
Morris
do pref
Peansylvanla
Allegheny Vai.,7 3-108, 1896...
•i8,E.ext.,1910
do
inc. 78, end., '91
do
761,277,728
865,862,857
772,150,134
Baltimore
28X
.
741,418,440
747,278,3:13
Maryland 6s, defense, J, A J.,
do
6b, exempt, 1887. ..
6s, 1890, quarterly.,
do
do
5b, quarterly
108
do
2d pref
bin 6i
Wash. Branch, 1(10 "5
do
Pennaylvania
11% V.H
Parkersb'g Br,,50
do
Philadelpblaft Erie
34H 34H Northern Central
5(
32-X 83X
Pnlladelphla ft Kead :ng
150
5<
7)4
Western Maryland
Philadelphia 4 Trenton
6(
Central Ohio
Phlla.Wllinlng. 4 Baltimore.
WestJersey
AKK.Cleur
4 Dela. Ist 6a, rg., '86 81 82
Delaware Division 6s, cp.,'78.
107
Lehigh Navlga. m.,6a, rep. ,'84
111
do mort. KR., rg .'9':
do m. co.iV. g., reK,.'9i
do mort. gold, '97
103X
do cons, m,7s, rg.,19i: 103)4 lOSS
.Morris, boat loan, reg., 1885,
'8()
Pennsylvania 68,co-.if-, ',910.
103
Schuylk. Nav.ut m,6a,rg,,'97.
80
1907
2d m. 6a, reg.,
do
do 6b, boat4car,rg.,19:3
Chesap.
58)4
.
1878.
do
lat m. 68, cp,, '96,
118
do
lstm.7s,'99
Western Penn. KR, 6B,cp,',899 105X 105K
do
Cs P. B.,'S«. 104
CANAL BONDS,
BAI^TiraoRE.
Atlantic
33
pref
do
do
13
CalawisBa
51
pref
do
new pref
49k
do
Delaware 4 Bound Brook..., lOO
East PenusylvAula
Elmlraft WlllianlBport,,.. .. 35
pref.,
do
do
Har. P. Mt. Joy ft Lancaster.
12
Huntingdon 4 Broad Top.,, 10
do pref. laH 14)v
do
51Ji 52
Lehigh Valley
63X
Little Schuylkill
JilnehlU
80
do 7b, boatftcar,rg.,l9,5
Susquehanna 6a, coup., :9.8.'
,
Camden ft
Ul
West Cheater cona. 78, '91
West Jersey 6s, deb., coup, ,'83
7a,w't'rln,rg.ftci).
ilo 78, nr.lmp,, reg. ,'83-36,
N. Jersey 6s, reg, and coup.
do
1901
•"yra.Gen.4 Corn'^,lBt,7s,l90(i
68,n.,rg.,1895ft over 121
122
4a, varioU"
104Ji 104J<
do
do
do
reg,, \9'\
ist, 68, 1884,
Texas ft Pac. 1st in ,6a, g.,I905
do
cona. m.,6i!,g,,1905
00
IncftLgr ,78 1915
Union ft Tltusv. lat m. 78, '90.
United N.J. cona. m.6a, "94..
Warren ft F. 1st m. is, '96
Allegheny county
Allegheny City 7s,
Pittsburg
7-),
Ind.
Stony Creek Ist m. 78 i907.... 106
Snob. H»i. ft w.,lat m..58,'2S,
SunburyftKrIe 1st in. 7s, '97..
68,10-15, reg.,H77-'82, lOlH
68, 15-25, reg,, 1882-'92. 106 Jt
68, In.Plane, reg.,lS7S
Phllodelplila, 5a reg
88,n., rg., prior to
U4X
do
4
Steubenv.
33!^
Ss, g'd, lnt.,reg. or cp,
Se, cur.,reg
58, new, rcg., 1892-190? 1131t
do
do
do
do
isS
78, 189-2-5
Shamokin V.4 Pott8v,78,
J
Worcesterft Nashua
67
Phlla. Wllm. ft Baft. 68, '84, .. 143
Pitts, Cln.ftSt. L. 7s, cou.,190i.
.
2,482,500
10,855,000
1,814,000
:
127,100
478,000
L. Ctiamplaln .,,
pref,.
do
lUH
Old Colony
Portland Saco 4 Portsmouth xOSH
Pullna Paliicc car
Pueoto 4 .\rk:inaa8
Penua.
deviations from returns of previous week are as follows
Loans and discounts
Inc. »121,400i Net deposits
,.Dec. tl,103,400
Dec.
Dec.
&
STATE ASD CITT B0KD8.
062.400
710,700
260.100
180.000
2,700
474,000
37.100
620.500
449,000
do conv. 7s, 1393do
78, coup, off, '93
PhI1.4l!.Coal41ron deb. 78,92
do
deb. 7b, cpB.ofl
.
Rutland, preferred
Vermont4 MaasacbusettB,.
SBCTRITIBS.
Phil, ft K. conB.m,6s,g.l,191I.
52H
Nofthernof New Hampshire 83
,. x 135
Norwich ft Worcester.
2,'227,700
291,000
341,900
101,400
241.400
England...
PHILADELPHIA.
The
Specie
Manchester ft Lawrence,... 148
:i3
Nashua ft Lowell
783,900
1, '247,600
12,673.000
2.909.800
2,327.500
1.206.200
907,000
927.800
2,135.600
981.300
2.599,200
10.145,000
10,559.900
3,945,800
3.896,000
Btc.-Oontlnned.
V.
Bid. Ask-
614,000
60,373,200 297,258,900 67,827.900 11,652,400 270,381,000 20,967,100
Let:ul tenders
OTTSITias.
(3gdenBb.
10,250,500
4,425,100
6,774,600
6,590,700
124,40<l
135,'200
101,600
137,000
296,900
201.600
147.000
176,300
111.500
100.800
63,100
311.000
26.000
107.600
242,500
155.000
400.600
322.300
26,600
89,900
63,700
834,800
491,000
314,000
tion.
,,
,
[vol. XXA.
m»sroN. PHiI.,lDm4Pm
Sew York ft New
.
106«
10«4
106)6
108)r
106X
—
.
March
.. .
'
•
.
.
.
—
')
.. ,...
THE (milONICLE.
1880.]
20,
..... .
..
QUOTATIONS OF STOCKS AND BONDS
293
NEW
IN
YORK.
may
Prices represent the per cent value, whatever t?u par
quoted on a previous page.
C. 8. Bonds and active Railroad Stocks are
be.
STATE BONDS.
Alabama—Class A. S! to 5
Class A, 2 tu S, small
Class B,8s
.
7s,
7s,
I,.
7b
I,.
funded .... ..
Ft. Scott Iss.
Rock *
&
Memi).
«"
!; Kocl;
•
03
73
20
KR.
"6
78, Miss. (). & K. ' Rl'^78, Arbunsiis Central RR.
B
B
K 1'.
11.
&
N. O.
Connecticut—88
Georgia—«»
78,
78,
duo IHMrt
e»,duc IHHtlorlK)
Asylum or
100
7s,KoW
113
100
tlnlv.,
due
'92
KundInK, 1MO4-05
111
Uiiunibttl
&
lie
St. Jo.. ISHO.
do
do
109>j
JLVi;'"'
Illlnol8-68,coupon, 1879...
War loan
78,
BOH
1887.
Now York—Os, gold, reK.,'87
6s, gold, COUP., 1887
...
'L\ North Carolina—68. old.JftJ
im"
•••i
100
107
••
IliS
109)4
1
J.* J
A.40
do
coup. OfT, J. & J.
do
coup, off, A. &0.
do
Funding act, IwM
1808
do
New
109
110
108
106
Bid.
South Carolina—
Mii «•, Act Mar. 28, 1860.
•Mii so
Non-fnndablo
lift
TenneMeo-411. old
Hh
ll.t
Alk.
11
&J
A.iO
18
18
4
4
,¥
iini
aiii
23
28
78
6a, oonsol. bonds
6a, ex matured coupon
6«, oonsol., 2d aeries
6e, deferred
.1,
•
8
81
24
vinrina-6«,old
6a. new, 1866
6«, new, 1867
12
11
"
(*
new
new aeries
68,
Oa.
9ft
Dft
bonds, J.
do
Ctaathara Hit
Special tax, clo-ts 1
class 2
do
class 8
do
Ohlo-68. 1881
6*. 1886
6s,loan, 18«i
1H91
68, do
100
Tork-fl«, loon, 1892
a*, loan, 1883
ea,old. A.ftO
No. Car. HK..
BscruiTiES.
Rhode Uliu>d-6*.ooap.1)!t-6
New
1
8s,
HOW
enilorscd
IhW)
Missouri -«». due 188* or 'Sa
6s, due IHHO
6.<.due IMH7
'
10()
new
100
Louisiiina—7b, consolidated
7.S, smull
jMlchiKan-«9, 1883...
Bid. Ask.
Ask.'
Bid.
eSH Kentucky—fls
.
ClassC,2to5
ArkanBai-6s.
gECUnlTItS.
Ask
Bid.
siotrniTies.
M
29
8
"i"
MM
O. of Columbla-8-6S<, 1924.
Small
*H
Beifistered.
....
109
RAILROAD AND BIISCELLANBOrS STOCKS AND BONDS.
iChlc. .M.ASt. P.— Continued.
S.-west dlv., l8t 88, 1909.
Ist Ss, IJIC. A Dav., 1910.
Bailroivd Stocks.
(Actxre tirfriounl!/ quoud.)
Albany A Susqufiumna
Boston & ,V. Y. Air 1,.. pref.
*
NO...
Cedar Fulls & .Minnesota...
Chlcaao A Alton, pref
guar
Clev. & IMttshurK.
DubuquoA Sioux City
Burl. Ccdiir
lliiplils
Frankfort* Kokomo
Harlem
Ind. Bloom. & Western
107
fS2
10
Chic. A Northw.—
Sink, f'd
Int.
04>,
Extension bonds
1st mortgage
Couptmgold bonds
Registered gold bonds
Sinking fund
518
118
llOH
70
Iowa
Galena A Chicago, exten.
Peninsula, 1st m., conv
134
Keokuk & Ues Moluos
do
do
&
Chicago..
Eloviitcil
N. Y. .New IlHvcn & Hartt.
N. Y. Ontiirlo k Wo9t.,prof
Peoria Decatur & Kvansv..
Pitts. Ft. W. & Chic. guar,
do
spec'I.
do
Rensselaer t Saratoga
Rome Wtttertown ,t Ogd...
St. Paul* Duluth
pref.
do
do
Btonlngton
Terre Haute A Indianapolis
4 Mil., 1st
Winona 4 St. P.,
&
Canal
156^
2d
117-
B9>,
United States Express
Wells. Fargo & Co
49«
Central N.J.Lund
107
40
m
114
«0>
62
108
80
12
!3Ji
S8
in
Consolidation Coal of Md..
36
45
Cumberland Coal & Iron
Excelsior Mining
Gold & Stock Telegraph
120
10«
do pref.
do
SH
Maryland Coal
Montauk Gas Coal
550
Ontario Silver Mining
S37«
Oregon Railway & Nav. Co. ilOft
190
Pennsylvania Coal
Pullman Palace Car
116
117
do
pref
Spring Mountain Coal...%..
Stundara Cons. Gold Mining 832
guar
Bur. Ced.U..? North.-lst..^
Mlnn.ASt. l<..lat, Ts, guar
Iowa City & West'n.lst7s
Chesap.& O.— Pur. m'y fund
58
1st mort.,
6s, gold, series B, Int. def.
8e, currency, int. deferred
Chicago & Alton— Ist mort
Income
Sinking fund
Jollet & Chicago, 1st m..
Louia'a&Mo., 1st m.,guar
2(1 78. 1900.
do
St. I.. Jack. A Chic. Ist m.
119
grunts, 7s
2d mortgage
Income, 78
Ist m., Carondelet Br...
8t.L. A S.F., 2d Os.class A
130
do
do
lOOK
U3H\
lUH
..
3-8s, class C.
8-6s. class B,
do IstOa.Pelrce.CAO
South Pac cf Mo.— 1st m.
Texas A Pac— lat, Os, 1005.
lOS
126"
2d....
B9
61
10
62
98
-.08
m..g.,78
K. Ill.-8.F.c'y.r907.
4
Chic.
Income bonds
M'poUs— l8t,6e
11
66
90
9S
Chic. St. P.A
107
Landgrant Income, 6s
too
ChlcV Southwest. —78, guar 107 110
Cin. Lafayette A Ch.— Ist m loiH 103
an.4 Spr.-lst, C.C.C.4I..78
lat m., g'd L. 8. A M. 8.,78.
Denver Pac— lat,7a,ld. gr. jr
A
Brie
95^
Pittsburg— lat m.. T»
iom
106
106
110
100
105
»0
100
Con. nK>rtgage, 7s
105W
109M
78,
equipment
A Cmwfordsv.
Evansv.
aa"
90
-7%.
103
A Pere M.-Ks, I'd gr't
Consolidated 80.
97
Stock
76>4
Galy. Hous.A H.-7a, gld,'71
75Mi 70«
Gr'nd H.Alnd.-lat,7s,l.g.gu
1st. 78, Id. gr., not guar...
1025t
Gr'nd R.A I.— 1st, ex l.gr.,'
103
100
idi"
87
20
90
89
24
86
Flint
Hous.A Gt.N.-1st.7s,g.l900
Consol. Ba. 1905
Income and land gr't. reg,
Pennsylvania
100
106
118
Stock
Chlc.4Can.8o.— 1st
•
100!
112!
103H
Pac—
m
....
Cent, of Ia>-lst m..78, gold
10S
105
114
1st m., 8a, '95, with cp.ctfs
*do
1st m.. es, '90,
Den. Dlv. Os ass. cp.ctf..
do
1st consol. 8a
Paciflc HR. of Mo.— ist
118
RAILROADS.
Atch .4 P. P'k—08,gld, CI cp.
Bost. 4 N. Y. Alr-Lr-lst m.
115K
15K 116
Sinking fund
Registered. 8s
Collateral Trust, 6s
Kansas
nSHuo
Indianapolis A St.L.— 1st, 7l
Indiaiuip.A V inc.— l8t,78, gi
International (Tex.)— 1st. Os
Int.H. 4 Gt. .No.—Conv., 8s
RU—
$119
:08
84
120
I
Kansas A Nebraska- Ist m.
2d mort
Long Island— Ist mortgage.
N.Y.AGreenw. L.— lst,7s, n.
do
2d
BSa N.
J.
Midland— 1st,
7«,
gold
2d mort
84«
New Jersey So.— 1st, 7b. new
St. Joseph 4 Paclflc— 1st m.
2d mortgage
*80
*80
S80
J80
St. Jo.
4 Western stock
St.L.A S.E.-Cons., 7s,g.,'94
St.L.^andaliaA T.H.— 1st m
2d mortgage, guar.
108X
UOM
105
105
75
100
78
105
100
«S
so"
107
44
•id"
75
40
80
48
110
100
63
i^
80
83
88
BO
27
85
'108
+92
91
es
80
100
118
95
South Side (L. 1.)— 1st mort 97 100
South Minn.— lat ra.. 7s, '88. 105 110
117^^1 18«
do
do
7a. 190S...
100
104
1st mortgage, 7s (pink)
119
Long Dock bonds
Inc. mort.. coup., 7s, 1898.
95
Extension
125
Buff. N. Y.& E, 1st m., 1918 120
Deb. mort., coup., Os, 1893
70"
Tol. Can. 8.A Det.— 1st, 78, g
»OJi 91M
N.Y.L.E.&W.,n.2d.con.,88
Deb. mort., conv., 7s, 1S93
»ik 103
A Logansport— 7s
Rome Wat. A Og.-Con. 1st. 08>« OJi Union
do 1st, con., f cp.,7s 118
100
97
South
Pac—
Branch
....
U.
85
114
115
do 2d,con.,f.cp.,os,6s
St. L. A Iron Mount'n— 1st m
103
Han. A St. Jos.—Ss, conv... 106%
iUSH
2d mortgage
103!
104
Sontliern Securities.
Hous.A Tex. C— Ist, m. l.,7s \OUH
Arkansas Br., lat mort
108
1st mort.. West. Dlv., 78..
Cairo A Fulton, 1st mort. 106; :io7
(Broker»* Quotations.)
lat mort .. Waco A N., 78.. 107
Cairo Ark. ,t T.. 1st mort. 1,01>»
114
lis
2d C, Main lino, 8s
St. L. Alton 4 T. H.— Ist m.
STATES.
1*02
Waco
8s..
2d
AN.,
2d mortgage, pref
74
78
N. Carolina.- New 4s
98
92
Inc. and Ind'y, 7s.
do
Income
98 102
So.Carolina—Con., Os (good)
100
Ill.Cent.— Dub.&Sloux Cist :103
Belleville A So. 111., Ist m^ tll5
120
M.AS. + 103 105
;110
Te.xas-08, 1892
Dub. A Slinix C, 2d dlv
St. P.A Sioux C.-lst 83.1919 lOSTd 104
7s, gold, 1892-1910.. 3.A J.I + 111
J12
Cedar F. A Minn., 1st m.. I03H 104" St. P. M. A Manifa— 1st, 78. llOH 112
J.A J. fll2 113
78, gold, UKM
Ind. Bl'm & W.— 1st. pref. 7! lUM,
2d mort., 6a, IU09
S95J4 Oliii
99 tOl
10s, pensicm, 1894... J.A J
74
75
Ist mort., 7s, 1900
Tol. Peo. 4 W.-lst m., E.D.
40
Virginia— New 10-408
05
2d mort., 1909
1st mortgage, W. D
Vast-due Coupons.
Ind's Decatur A Sp'd 1st 7f 108^4 WUH
Burlington Div
25
100
lOlHj
Tennesssee Stale coupons.
Int. A Gt. North. Ist 6s,gld,
2d mortgage. 1886
South Carolina consol
Lake ShoreConsol. 7s, 1910
26
lllM
Virginia coupons
Mich S. 4 N. Ind., s. f., 7s,
Pur. Com. rec'pts, 1st, E.D 130J<
109
85
consol. coupons.
do
Cleve. A Tol., sink, f und.
do
l8t,W. D. *128
new bonds. 110 ,,,„
do
do
Bur. Div.
118« 119W
RAILROADS.
Cleve. P'vllle A Ash., 7s
1st pref. inc. for 2d mort.
esa
119
89
100
1st inc, for consol
Buffalo He Erie, new bda...
j65
Ala.&Chat.— Rec'rsctfs.var
Ill
.
.
112
General, coup., Os, 1908.
.
.
.
,
8VH,
—
108
4.^H
117
Buffalo
t102
A State Line, 7s.
A W. Pigeon, 1st
1<m
Kal'zoo
44>4
Det.Mon.A T., Ist. 7s.h906
Lake Shore Dlv. bonds...
t...
do
cons, coup., Ist
cons, reg., Ist..
cons, coup., 2d.
cons, reg., 2d ..
Loulav.A Nash.—Cijns.m. ,7s
2d mort.. 7s. gold
Cecillun Branch, 7s
,107?«
do
do
do
tidsH
ilU2
tll3
lis" Marietta A Cln.— 1st mort
registered
Laf.
lis
M., 1st, g., 5s.
Central of N. J.— 1st m.. '90.
Ist consolidated
do
assented.
Convertible
do
assented
Adjustment, 1903
97
118
97
118M
106
lOT
107k
lOOH
Bl.AMun.— Ist
8s.
M
100
4
«100
109
lOBHi
115K
lOfSH
Mortg. 7s of
123
122>»
:18
117
i;5
105
110
T.AWab.,
1st mort., sterling
Metropollt'n Elev-1st.1908
Mich. Cent.— Cons., 7s, 1902
1st mort., 8s, 1882. s. f.
Equipment bonds
'79
1st ext.7s
1st St. L. dlv.7s,ex mat.cp.
2d mortgage ext.. ex coup
125
118
llOii
lOoMj
115
112
99«
lOOW
And accrued Interest.
«
No price
to-daor
;
100
42
Consol. conv., 7s
Gt. Western, lat m., ex cp
do 2dm..73,'9.*?,ex cp
O. A Tol., 1st, 7a, '9<l,ex cp.
111. A So. la.. 1st m.78,ex cp
Hannibal ,t Naples, 1st 7s
99)4
St.L.
A N.R. E.A R.,78
Dlv., 1st mort., 7s
K.C
Omaha
iim
E.Tenn.A Va.—Os,end.Tenn
B. Tenn. Va. 4 Ga.— 1st, 78,
105
Stock
Georgia
106ii
Stock
Greenville
"
lOiU
...
Maco*!!
100
108)4 112
Cblo.St.L.AN.O.-2dm.in07
101 (lOlH Col.Cliic.Alnd.C..lne.7s.l890
115
Ind's Bl. A W'n-Inc, 1919
jnd's Dec. A Sp'il. '.Jd Inc..
Int. A Ot. Northern— 2d Inc
87
75
42
45
60
73
88jji
67
Central of N. J.-19aS.
Leh. A WUkea B.Coal-188S
Lake Erie A Wn-Inc.73,'99
126X, Uit. Bl.A Mun.-lnc. 7.1899
Mol>ileA O.— l.st pref.deben
2d pref. debentures
9iw;
3d
do
120
4th
do
N.Y.LakeE.4W.Inc.6s. 1977
lis
Ohio Central— Inc., 1920...
Peoria Dec ,% K'vil'e- Incs
these are latast <}-iotMloa*
made this
A Col.- -78, Ist m
A Aug.— 2d, endore.
MemphisA Cha'ston- lst,~
2d. 7s
.
8s
RR.—7»
guar.
112H 114
1919
St.Chas.B'dge.lat, 7s, 1908 S106)j
102« Wjrji
North Missouri. 1st m.. 7: 11S«
118
12«>s'11!0Jn West. Un. Tel.— 1900, coup
llOH
1900, registered
115W
b., Oa,
Sprlng.VVW. Works— 1st
6s, 1909
Oregon 11. 4 Nav.— lat,
lOSM Mo.K.A T.—Con8.a8S..1904-8 102«1027<
INCOME BONDS.
do
1st m., reg.
Huds. R., 7s, 2d m., s.f .,'85
Canada South., 1st, Int. g.
Uarlem, 1st ra., 7s, coup.
do
Ist m., 7s, reg
N.Y. Elevated— 1st, 7s, 1906
N. Wisconsin- lat, 8s
Atlantic 4 Gulf— Consol...
Cent. Georgia—Cons, m., 7i
Stock
Charl'te C0I.4 A.—Cons., 7s
104)4
2d mortgage. 7s
45
East Tenn. A Georgia—Oa.
99
109
105
104
Equipment bonds, 7«, 18M
Clarlnda
115
m., I. A
m.. I. A 1)
m., II. .t I)
m.. C. & M
Wabash HK.-
113
113
1919
2d mortgage, Inc., 1911
H. A Cpnt. .Mo., 1st., 1890.
97M
Mobile A Ohio— .New m.,6s.
till
Nash. Chut. ,t St. L.— Ist 7s.
do
assented 109 1I0« N. Y. Central-68, 1883
Chlc.Mll.A St.P.-l»t.«s,P.D
88,1887
2d mort., 7 3-10. p. 1)..
6s, real estate
1st m., 7s, f gold. R. U.
6s, subscription
Istm., LaC. UlT
112^
N. Y. C. A Hud., 1st m.. cp.
Lehl«h4W. B.,con.,g'd..
do
ussent'd
Am. Dock & Impr. bonds
'
I
li'T'
t
113H
104«
I
\T
P.-fls, cp.,1917
n. Ext.
South. Pac. of Cal.- 1st m.
Union Pacillo— 1st mort.
.
Chic Rk.
Prlcea nomUukl.
103
Pitts.Ft.W. A Chic, 1st m.
do
do
2d m..
do
do
.3d m..
111^8 113
reg., '•8, 1917
do
Cleve.A Pitts., consol., a.f
Albany 4 Susqueh., Ist m. 115H,118
do
4th mort...
110
2d mort
do
Col.Chlc.AI.CIatcon..
104
....
3d mort
do
do
2d con...
....|I14
guar
con.,
1st
do
do 1st Tr't Co.ctfa.asa.
.... 130
Bens. & Saratoga, Ist, coup
do
do
suppl.
Ist, reg.
do
do 2d
do
ass.
Denv. A U. Grande— 1st,1900 idsji id-i" Phll.A Read.Cons. coup. 68
Krie122
laSH
l.st mort., extended
Registered Os, 1911
....il06
2d mortg., exfn 5s. 1910.
Coupon 7s, 1911
105!i,105«l
Sd mortgage, 7s. 1883...
Registered 7s, 1911
104i.;i
....
4th mortgage, 78, 1880 ...
Improvem't, coup., Os, '99
Nashv. A Decatur, 1st, 7s.
122« L. Erie A West.-lst8s,1919
m
1st m.. 7».I.
Cal.
104
{hrokerg' Quotations.)
90
113
107
105
1st Pa. dlT.,coup., 7s, 1917
Mlss.Riv.Brldge.lst.s.f.Ss
Chic. Bur. A Q.-K P.O., Ist
Consol. mort., 7s
Bs, sinking fund
•
A (tregon, lat
State Aid b(mds
—
90W
—
stock Exchange I*i'ices.
Balt.&O.— l8tl>s.Prk.b.l919 110
Bost. H. i Erie— 1st m..
50
Con. sinking fund
8d mortgage
San Joaquin Branch
Land gratit bonds
Western Pacific bonds..
117
9B«
Miscellancons List.
"
Railroad Bonds.
ist
ist
Isl
Ist
now
tiii'
113
109
108
108
83
,
5
Quicksilver
Keok.A Ues
HOW
.
82
90
PaciHc RailroadsCentral Paeilic— Gold bds.
t113
2d mort
do
bonds, 1900 lOl^i
do
construct 'n
do
115
7s of 1871
do
llOJi
,.
do
Ist con.,g'd.
Del. 4IIud. Canal—
105
100
'84
1st mortgage,
107i)ii
...
1st mortgage, 1891
extended
do
Coup.. 7s. '94 ii'i" ;;.'
do
112
do
Reg. 7s, '94
6th mortgage. 7s. 1888
ist cons, gold 78, 1920
139'
Homestake Mining
jjaPlutta Mining
LcadTille Mini jig
Little Pittsburg Mining ...
Mariposa L'd & Mining Co..
9s, 1917,
109
100
110
^
St.L.I.M.AS.- Ist78,prf.lnt
2d Int., 6m, accum'latlve
120
.
Deadwood Mining
I..it
ii<i'
m
convertible
78, 1907
Syr. BlLgh. An. Y., 1st,7s
Morris A Essex, 1st
di'
Imp
no
ll)7«
122
.
Mortgage
ssok
American Kxpress
Climax Mining
—
78,
112;
Misecllaiipous St'ks.
112«
Adams Express
American Coal
m.
1st con. 7a
Del. Lack. &West.-
.
Boston Land Company
Boston Water Power
Canton Co., Baltimore
Caribou Consol. Mining
Central Arizona Mining
1st
2d m
do
!08
C. C. C. 4 Ind'B— Ist, 7s, s. f.
115
;i5«
Consol. mortgage
121J wax C. St.L.4 N. O.- Ten. lien 7s
Paclflc
Otoledo Peoria & Warsaw..
J. Hll.
109
110«
lOSy;
t'd
s.
Ist m., Springfield dlv ...
Ohio Cent., lat m.. 8s, 1920.
Peoria Dee. A K'villo, Ist 6s
Land
Chic.
TexAa &
United N.
88
. .
lis'
pref.
Metropolitan Elevated
N.Y.
—
ilidhiiid, 1st m., 8s..
Intern'l *lit. Northern....
Lonff Island
I..oulsv. N. Alb.
bonds
Consol. bonds
4 Miss.—Consol.
Consolidated
2d consolidated
Ohio
IS
Stock
Mis8i88lppl Cent.— lat m., 78
2d mort.. 8s.
Miss. 4 Tenn.— 1st m.. 8s. A
.
.
.
mortgage, 8s, B...
4 Jacks.— Ist m., Ss. ..
2d mort., 8s.
Norfolk 4 Petersb.— lat, 8s,
ist mortgage, 78
2d mortgage, 8s
Northeast., §. C.-lst m., 8».
2d mortgage, 80?.
Rich.4 Dan.— 1st consol. ^^Os
Southw. Ga.—Conv., 78,
Stock
S. Carolina RR.— 1st m..
Stock
78, 1902, non-enjoined
Non-mortg. bonds
West Ala.— 1st mort.. 8s
l8t
N. O.
Certlflcatc,
li«
3S
65H
49
week..
No quoUUoa
—
108
04
06
110
105
90
99
99
110
70
116
104
105
100
85
98
102
113
ida"
105
iia
75
110
«s
106
104
97
37
99
102
107
117
99
111
IDS
110
120
101
lis
lis
115
103
i6i"
MB
S8M
120
110
10«K 104
107
107
106
20
68
40
110
108
J 10
22
78
42
118
114
114
lis
to-day; latest sale tbis
WMk
2d mort..
f
.,
100
111
8a.
guar.
1
.
, ,,,
THE (JHRONICLE.
294
NEW YORK
Bank
COHFAXizs.
Capital.
Stock
LOCAL SECURITIES.
I.iHt.
Insnrance Stock List.
[Quotations by K.
Pbick.
I'lVrDENDS.
Surplus
XXX.
LVol.
8.
Bailht, Broker,7 Pine street.]
at latest
Mtrk'd thus
are not
(•;
;;:•.'!.
J
S
dates,
._„„„,
^monnt
i
Period 1878. 18T9.
Last Paid
AmerlcB*
'80. Sii 143
100 3,000,000 1,412,100 .!.& J.
6^« Ian.,
Am. Exchiuige. 100 5,oooiooo ils-oi+x) U.ftN.
Nov, '79. 3 117
Sower J...
100 2S0i000
188,400
,,,, J.* J10
Ian., '80. 5
,
Broadway
1,1IM.900
'80.
1,000,000
J.
16
2S
A J.
Jan.,
8
Butcher«'&Or. 25 800,000
82,2-X) J. ft J
6
.Ian., '80. 3
106
Oentral..
100 2,000,000 834 900 J.«J
7 Jan.. '80. 3H 117
Chase
100 300,000
6HJ!00
» Sept. '79. 3
128
Chatham.
135.600 .1.4 J.
25 450,000
6 Jan., '80. 3
6
97
Chemical
100 aoolooo 3,2T»'"O0 Bl.m'ly 100
100
Ja3., '80.23
Citlzeas*
ISH.DUO J.*J.
6 Ja>„ '80. 8
25 600,000
6
City
100 1.000,000 1,475 800 M.&N. 10
'<9.
10 Nov.,
5
Commerce .. 100 5,080,000 2,777.400 I.* J. 8
8 .Jan., 'SO. 4
115
1H»,000 .J.& J.
Contlnenial
100 1,000,000
.lan., '80.
1?« Feb , "HO. 3H
Corn Eich'ge*. 100 1,000,000 8')0,100 F.&A. io
5
64,100
.•Sastniver
...
25 250,000
I.ifc J.
3«
Ian., '80. 3H
llth Ward"'.... 25
14,01)0 I.&.J.
100,000
July 76. 3
J'lfth
35,600 J. & J.
150,000
100
6 Jan., '80. 3
ruth Ayenae*. 100 100,000 201000
First
100 600,000 I.i97,a00 ipy.'
120
,Ian., '80. 5
863.400 I. A J.
Fourth
100 3,^00,000
6
Jan., '80 3!^
FuHon
80 600,000 3C7.100 .M.&N.
7
Nov, 79. 3>s
eallatin
60 ,M0,000 753,200 A.&O
Oct., '70. 4
57 100 F.&A.
Berman Am.' 71
IliO.OOO
Feb., '80. 2H
(.0,10;i
German Exch.' 100 200,000
i« May, '79. 5
May.
57,S?80
Oermanfa*
200,000
100
s Nov., '79. 3
ISJiiOO M.&N.
Greenwich'.... 25 200,000
6 Say., 79. 3
23,B00 I.& J.
Grocers'
2i;5,fl00
30
Jan., '77. 3
Hanover
100 1,000,000 206,2'-(, I.& J
Jan., '80. 3K 1'20
Imp.A Traders' 100 I, .^00.000 1.801.600 J.* J.
14
,)i.n., '80. 7
Irvine
50
500.000 li6.1X> J.& J.
8 Jan., '80. 4
Island City' ... JO
4,400 J. & J.
100,000
'78. 3
"8 Jan.,
Leather Manuf. 100 600.000 4'20,800 J.&J.
Jan., 'SO. 4
Manhstlau'.... 50 2,050.000 fl27.triO F.*A
7 Feb., 80. 3}s
Manuf. &Mei-.* 20 100,000
10,500 J.& J.
July. 79. 2)^
Marine
lOii.SOO .1.4 J.
100 400,000
Jan., '80. a>i
Market
27l.l)0'J I. ft J.
100 500,000
Jan., '80. 4
Mechanics*
25 2,000,000 918.S00 J. ft J.
Jan., 'SO. 4
148
Mech. AsBoc'n. 60 600,000
4
73,40o M.&N.
Nov '79. 2
Mech'icfl & Tr. 25
i'00,000
14,000
July, '79. 2«
Mercantile
171,300 M.isiN.
100 1,000,000
May, '79. 3
Merchants'. ... 50 2,000,000 0o0,S00 .;.« J.
Jan.,'cO sa
Merchants' Ei. SO 1,000,000 l!2.6fl0 •J. ft J.
5« Jan., '80. 3
Metropolis'.. . 100 800,000
50.700 l.ft J
Jan,, '90. 3ii
Metropolitan.. 100 3,000,000 1,111.«00
9
Jon., 'fO. 5
1:0 il5i
Murray il 111'.. 100 100,000
17.2:0 J. ft J
12
.'an., '81. 6
Nassiiu*
45.400 Jll.ftN
100 1,000,000
5
Nov. '79. 2« 85
90
KewVors
786.100 J. ft J.
100 2,000,000
8
an., 'SO. 4
N. r. Cosntv.. 100 200,000
4&600 l.ft J.
8 .lan., '80. 4
N. T. K. ijt6h. 100 800,000
73.000 F.&A.
'80. 31^
1^ Feb..
Ninth
105,700 J. ft J.
100 750,000
•lan., '80. 2>v 103
No. America'..
700,000
123.600 J. ft J.
'77. 3
100
"7 .July, '80.
north River'. so 240,000
70,BC0 J. ft J.
lan.,
3Ji
Oriental'
25 800,000 173,000 J. ft J.
8
lKn.,'80. 4
Paclflc
50 422,700 211,500 Q-F.
10
Feb., '80. iH
150
.Park
332.500 l.ft J.
100 2,000,000
6
Jan., '80. 3
137
People's'
li;j,00O l.ft J.
25 412,600
7 J,n., '80. SJ4
Phenlx..:
20 1.000,000 172,000 J. ft J.
'79. 3
3
Jan
,
100
.ftodnce*
63.600
60
126,01.0
Inly '74. S>,
Bepnbllc ....
100 1,500,000 637.500 f.&a;
Feb ,'80. 4
8t. Nicholas.... 100
119.900
600.000
,IaT , 'SO. 3
Seventh rtard. 100 300,000
3
52,800 .'jV&j.
Jan., 'SI. 3
gfcond
,^ 800,000
100
9e,400 J. ft J.
9
"s Jan., '80. 5
Shoe A Leather 100
lOO
600,000 170,100 J. ft J. 10
8
lan. '80. 4
olxtb.
100 200,000
45.200 J. ft J.
6
6
Jan., '80 3
gtate of N. Y. 100 800,000 267.300 M.&.N.
7
7 Nov, '79. 3it
Third
94.II0D
100 1,;'00,000
3
J. ft.).
lan., '80. S)i
Tradesmen's.
40 1,000,000 250 500 J. ft J.
Jan., '80. 314
nnlon
50 1,200,000 6H3,.S"jO M.&N. i'o«
Nov, '79. 4
westside*.
100
200.000
l;7.800 .1. ft J
8
12
Jan.. '80. 8
„
1
7
T
m
—
Gas and City Railroad Stocks
nd
bonds.
[Gas quotations by Ueorge H. Prentiss. Broker,
^4 aroagatr'
Gas CoupAiiiEs.
Par.
Brooklyn Qa« Light Co
Citizens' Gas Co (Bklvn) ......
do
bonds
_
Barlem
Jersey City ft Hobdien!!!!
Manhattan
,
Metropolitan
u
Mutual,
N.
do
.
!.!!'.!!.'!.
certincates
".o ..
Y
^
bonds
','.'.
naasaa, Brooklyn
. „do
Hew
York
ncrlp. ..'.'.'.'.'.'.'.
People's (Brooklyn)
!
do
do
bonds
r.« ??, .„^°„ certlflcatee.
Central of New York ...
v
Wmiamsborg
do
scrip
Metropolitan, Brooklyn
Municipal
'.'.'.'.'.'.'
;
bonds
__,, do
ralton Municipal
...'.'
|
l.COO
BroiAway
<£ Stventh Av»-tii'.'
1st mortgage
BraoUi/n 0K»— stock
lit mortgage
100
1,000
100
1,000
10
^roadway I Bro»tlvn)-tt6ck.'.
UnoUi/n <t Bunter'» it—stock.
In mortgage bonds.
1,000
100
100
BuihuUck Ar. (.B-klum-uoci'.' 1,000
100
Ceitral n.. .v.<tiCiat)«r-8tR.
100
tonjpllclatert mortgaee bon
1,000
(Mrltloptier
db
Tentli si.
-Stock
Bends
Dy
Bock. E. B. <tBaiiery-ii^
Ist
mortgage, cons'd....
£i3 AJA Avenue— Block
Ist
«W
mortgage
.St.* (Trand St
let icortgage
Central
Crom
ferrv^ioci
'Joicn- stock!'"
Itt morfgige
Motutou, )Ve»t sl.itfav.'F'u^ik
Istm rtgige
Av.nue—Block^
Sd mjrttaee
JSecond
,
fons. ConveitlDlo
txtenslon
Sixt/t
Aveiiue—Hock
litmortgigp
ndr.i Avenue— nocit....'.'.
Ist mortgage
\
•
J^enty t/i:rd nireel—naei'.'.'.".'
_i6t mortgage
;
t2^
100
1,000
100
Jan.,
June,
140
170
Feb.,
M. ft S.
Quar
127
Feb.. '80 100
July, '79 68
1882
lOj
Feb., 'fO 50
1,000,000 F.& A.
1,000,000
Var
900,000
694,000
2,100,000
1,500,000
2,000,000
800,000
200,000
400,000
300,000
500,000
145
J. ft J.
J.ftJ
Q-J.
J.ftD.
Q— F.
.M.ftN.
Q-J.
A.&O.
l.ft.7.
J.ftJ.
J
1,200,000 l.ftD.
1,800,(XI0 J. ft
F.&A
6:o,oro
250,000
J.ftJ
1,200,000
Q-r.
900,000
J.&D
Q-J.
1,000
100
!;
36,01
l.&O.
2«o,oooIm.&n.
250,000
500,000 J.
AI.
1,199,1500
J.ftJ.
130,000
1,050,01)0
A.«u.
M.&N.
A.&t^
200,000
750,000 .M.ftN.
415,000 J.ftJ.
100 2,000,000 Q-F.
1,000 s; ,000,000 J.ftJ.
100
600,000 F.ftA.I
1,000
250,0001 M.ftN.
ls°l;re5tra''oTv;dcad""'*''"'
'80
'80
*80
'80
27
95
83
63
77
18
J'ly,190oi 94
2
Jan.,'PO; 75
7
Inly, '84 104
Feb., 80 160
|« Nov.,
'81 102
3 Jan., '80 140
3 Jan
'80 95
7
1888
100
Jan., '80 85
i^ Jan., '80 70
7
Dee. 1902 KB
"80 60
|« Feb
1890
85
4 Feb., '80 110
7 June, '93 110
21
I
'(-o
,
,
8.
7
Jan
,
'80 1613
Feb.,
Apr.,
'85
'88
Sept. '83
May. '77
July. '90
Nov., '79
115
115
175
170
110
180
115
25
90
20
101
..
,
05
no
July, '94
Jan., '80
Apr
100
79
103
165
110
130
100
103
95
72
110
85
100
Nov.1904
95
45
10^)
May,
Firemen's Tr
1,000,000
300,000
200,000
200,010
200,000
204,000
150,000
200,000
10
,.
Franklin&Kmp 100
German-Amer. 100
Germanla
50
1,000,000
500,000
Globe
30
200,000
Greenwich
23
200.000
Guardian
100
200,000
Hamilton
15
150,000
Hanover
50
600,000
Hoffman
50
200,000
Home
100 3,000,000
Hope
25
150.000
Howard
60
600,000
Importers'ft T.
60
200,000
Irving
100
200,000
Jefferson
.30
200.010
Kings Co. (B.in| 20
l.W.OOO
Knickerbockei 40
280,0OC
Laiayette(Bkn; 50
150,000
'
Lamar.,
100
200,000
Lenox
25
150,000
LonglBl.'Bkn.f 60
200,000
LorlTlard
25
300,000
Manuf.ft BuUd. 100
20o;ooo
Manhattan
100
230,000
Mech.ftTrad'rs' 23
200,000
.Mech'lca'(Bku) 50
150,000
Mercantile..
60
200,000
Merchants'
60
200,000
Mootauk (Bkn) 50
200,000
Nassau fBklyn) 60
200,000
National
37i«
200,000
N.T. Equitable 33
210,000
New Fork Fire 100
200,000
N. Y. ft Boston 100
200,000
New York City 100
S0O,Of;O
Nlaeara
50
500,000
North P.lver...
23
350,000
Pacldc
25
200,000
Park
100
200 000
Peter Cooper..
20
150,000
People's
50
150,000
Phenlx
50
1,000,000
Belief
50
200,000
Republic
300,000
t 100
Rutgers'
200,000
25
St. Nicholas...,
25
200,000
Standard
60
200,000
Star
100
500,000
Sterling
;oo
200,000
Stnyvesant
25
200,000
Tradesmen's..., 25
300,000
Onlted States.. 23
250,000
Westche-ster. .. 10
300,000
Willlamsh'^C.' SO
250,000
.
Over
all
liabilities,
1
4>-6,671l
20
163,429
130,233
2,725
112,401
108,151
644,412
73,868
99,163
17«
18
6
23
Dec,
20
10-72 10
12
11
14
IS
1.38.833 IS
88,!«6 12
76,147 12
136,442
875,666 io
752,764 SO
118,261 20
343,749 40
22,908 10
120 806 20
685,943 10
54,336 10
l,3'i0.785 10
4,089 10
116,813 12
78,922 12
6,488 IS
290,776 10
193,014 20
4,938 10
134,907 20
97,680 10
31,104 10
253,533 20
34,202 10
182,909 12
140,928 20
238,166 30
16a,696 20
36,832 10
1:9,762 20
109,051 18
147,011 20
101.513 14
316,395 20
la0,183 17
20.068
July,
Jan
ib"
.
7
10
14'
10
30
'h
10
10
20
10
10
8W
10
16
12
10
20
20
10
13
10
20
10
15
14
1,065 lb"
N'ne
N'ne
5"
12
8
10
30
2
20
20
20
•X
5
20
9
10,811 10
169 090 12-85 6-23
13«
121.591 I7H
28,519 10
137,084 16
102,389
213,4,';3 19
121,602 10
10
14
10
80.
170
50
117
104
85
125
76
.Jan.,
'"79.
5
135
105
i%
181
190
lOT
106
iio
113
w
iiw
«1
132 Ji
102
TO
ISO
140
160
150
75
120
113
iSo
i«s
ibo
155
110
109
120°
I?'6
70
86
140
100
110
60
•80.10
200
6
108
'»010
•80. 6
leo
'80. 3
'80. 5
'80. 3i4
125
130
68
90
71
103
70
1:2
10
Jan., •80. 5
Feb., •80. 8«
Jan., •80 5
Jan., •80. 6
Jai., •80. 5
Jan , 80. 5
20
Jan
•'an
.
12
Jan.,
•80.
•*)
Ja-i..
12
10
10
6'A
Jan.,
.an.,
Jan.,
lan.,
20
10
J"*?!.,
110
'80.10
162), 167«
70
55
Feb , •80 3
190
9-73 lau., •80.6-23 1^5
12
ea
11
443,693
•1-0.
Jau,,
Jan., '80. 6
Oct., •79. 4
10
10
10
12
10
Jan.,
i
20
12
15
10
18
24
10
26,72r 10
17n,334 20
260
68
140
•80.
13S
131
130
138
135
110
80 5
.,
200
105
M»r.,
Fe
12
11
100
120
93
7X
Jan., 80. 5
Jan,, '80. 3
Jan., '80. 5
lan., '80. 5
Jan.. 'rO. 4
Jan., •80. 6
Jan., '80. 5
Jan., '80. 6
Jan., 80. 7
Jan., '80. 5
Jan., •80. 5
Jan., 80. S
Jan., fO, 7
Jan., •80. 5
Jan., •80 5
Ask
96
P25
'80.
160
'80. 6
lan., 'SO. 3
Jan., -80. 5 129'
Jan., •79. S>» 53
Jan., '80. 5
J»)
Jan., '80. 5
97
Jan., '80. S
60
10
10
12
10
20
20
10
16
12
20
10
20
S
Jan.,
10
20
S
14
10
10
13
5
20
5
16
10
3W
12H Jaa..
10
10
10
10
10
180
5
lan., '80. 3)«
7
5'.7,438 12
;08,'.48 11
899,032
89,737
190,043
103,739
467,0~6
43,577
8»
11
10
6
'80.6-85 173
Jan., 80. lii
Jan., 80. 8H
Jan., •80. 6
Jan., '80. 8
Jan. 'FO. 5
Jan., •«0. 7
Jan.. '80. 5
Jan., '=0. lit
13
30
123
60
115
5
'79.
'SO.
l-eb.. '80.
10
10
16"
22
'77.
'80.
Oct.,
Ian.,
13
11
170
190
117
')an.. '80. 5
12-60 13-40 lS-65 Jan.
20
10
10
15
10
98
IMS
195
Feb., '80. 8
Jan., •80.10
Ja".. '80.10
Feb., '80. 3
•20
18
•79.10
Jan..
6
Jan., 90. 5
N'ne
20
125
80.10
.
100
125
lOB
80
lis
lOQ
130
110
203
t 3urf>ln*
Including re-Insurance, capital and scrip.
Incln. el scrip.
Gttr Securities.
[Qnotatlohs by
Dahiu, A. Uohan, Broker,
27
Fine Street.]
Waterstock
.1841-4S.
Croton waterstock. .1845-51.
do
.1S52-60.
do
Croton Aqueduct stock. 1865.
pipes and mains...
do
reservoir bonds
Io
Central Patk bonds. .1853-57.
(10
1853-65.
do
....1870
do
...1:75.
1865-68.
Market stock
Improvement stock. ... 1869
(.0
...1819.
do
CouBolldated bonds. ....var.
Street Imp. stock... ....var.
var.
do
New Consolidated
Westchester County, .......
do
Consolioatel
Asses mcnt
100
s
Im
Hay Aag.^Atov
100
do
do
do
104
104
106
110
May
ft
do
do
do
do
do
do
do
do
do
do
6 g.
6
7
r
do
do
do
Jiinuary
ft
July.
do
do
Qua-t-rly.
May
ds
November.
B»bb, Jr., Broker,
1
Pirkbonds
Water loan bonds
7
BrldffebondB
-waier loan
City Donas
6
Jaiuary
do
do
ft
luly.
io
io
\\l
116
JOB
IPS
IIB
119
10«
loe
st.)
6
7
6
e
1879-1880 101
1881-1893l|02
;915-191i4 124
1900-10-24 121
7
do
uo
do
7
May
6
Bridge
*A11 Brooklyn bonds
:ov
122
109
118
'
7
...
112
109
IIW
1
7
Klnirs Co. bonds
US
IM
108
107
1898
1894-1897 117
107
1889
1879-1890 102
US
1901
1888
102*4
4879-1882 loa
-lis
1896
118
1894
105
1926
102
1884
New
101
106
l«7
109
November.
May ft NovcmTjer.
ir'em'i—
do
Bid. Ask.
due.
1880
1890
1883-1S90
1884-1911
May ft November.
ia&4-1900
Feb., May, Aug.ft Nov. 1907-1911
do
r*o'
1888
1895
do
do
6
7
6
S
6
7
6
7
6
7
[Quotations by N. T.
5roo«Jjsrn— Local
City bonds
Feb.,
5
6
5
Bonis
Months Payable.
y,w York:
30
30
PBloa.
lKT»Ek8T.
Kate.
.Io
ft
do
do
do
November.
1..
January a J-u)y.
do
Jo
1P04 1912
12.'?
18-.)9-1905 109
1881-1895 103
1880-1883 116
18811-1885 114
114
1924
1907-1910 113
IDS
111
126
126
124
11.S
US
111
116
lie
lis
flat.
41
in2ii
92u 95
90
...
Continental., t 100
Eagle
40
Empire City.... 100
fixciiange
30
Farragut
60
Firemen's
17
72
104
65
95
108
Broaaway.V
*
30
60
lOH
10
20
18
10'^
)100
Jan.,
Columbia
Commercial
14
10
20
20
20
20
'80.
152
93
7«
—
17
20
70
100
15
10
20
20
20
PsKnt.
Bid.
Last Paid.
1877. 1878. 1879.
476,871
«2,543
386,940
300,404
196,4)7
1-S
ISO
105
•/..
Citizens'.
City...
181K).'
400,000
200,000
800,000
200,000
153,000
300,000
210,000
260,000
300,000
200,000
2.1
2,1
Clinton
72
105
60
100
65
200
Bowery
Broaiway
;20~
60
205
110
fOO.OC-
1,000
1.000
1,000
Jail.
Jan.,
Jan.,
Jan.,
203,000 l.ft J. 7
748,000 M.ftN. t5
500
100
500&C.
100
'79 90
May, '79 103
V5
90
73
Aug., -79 50
I.
1,000,000
100
Nov,
Jan., '76
1897
Jan., '80
.
|j ,500,0001
.
100
1,000
1,000
50
l.ft J.
l.ft J.
500&C
100
!00
Feb.
iM.ftS
23
Va-.
700,000 M.&N.
100 4,000,000 -M.ftN.
10 1,000,000 l.ft J.
1.000
800,000 M.&N.
Vax.
300,000 J. ft J.
50
486,000 F.ft A.
SO 1,000,000 Quar,
Var. 1,000,000 l.ft J.
100 1,000,000 M.ftN.
100 1,500,000
760 000
*N.
^qq
117
68
Feb;,
1898
f.&A.
I
Bid. Ask.
Nov.
A.ftO.
315,000
SO 1,850,000
20
750,000
50 4,000,000
100 2,500,000
V«r. 1,00<J1000
100 5,000,000
1,000
Var.
Var.
IVUQtauons oy u. L. Oba.st. Broker,
SlMeker St.a Fu!lonl'erri/—eik
1st mortgage
Date.
i^mount. Period.
25 2,000,000
20 1,200,000
et.
American
+ 30
American Exch 100
DlVrDXXDS.
Surplus,
Jan. 1,
Amonnt
Par.
Brooklyn
Net
Capital.
COMTAimB.
[Quotations by C. Zabriskii, 41 Montgsmery
95
St.,
Jersey Clty.l
l'J5
105
150
July, 'OOl 103
Feb., '90 106
May. '93 103
»" ""«'• "'" '"^ <»"« <" "-"""ty
ii's'
1B5
105
111
105
Jersey
OUy—
Watei loan, long..'
1889-71
do
Improvement bonds
lB68-6».
Beigen bonds
Jannary ft July.
January dk -Imy.
ft J. ani J ft D.
Janu .ry and July
J.
102
108
1895
1.89* lOO-i
18»'.-«4
1900
101
100
106
101
11
:
March
80.
;
THE CHRONICLE.
1880]
It has been the policy of the trustee to conAne renewals and
improvements, as far as practicable, to what wan absolutely
needed, with the view of complying as nearly as possible with
the payments to bondholders called for by the agreement of
March 1, 1876. The net income of the trust enablea the trustee
to resume payment upon the coupons, the amounts called for
by the agreement having been applied in October, 1S7'J, upon
the coupons due Feb. 1, 1878, and in Dec, 1879, upon those of
%nvit$tmcnts
STATE, CiTr
AND CORPORATION FINANCES.
rHU INVESTORH' SUPPLEMENT.
The next number of the InvESTORa' Supplement
will
be issued
INDEX SINCE MARCH SUPPLEMENT.
is an index to all reports and items heretofore
published in the Investment Department of the Chronicle,
since the last issue of the Invjstor's Supplement; annual
reports are indexed in black-faced type
272 Marietta Pittsburg .feClcve... 273
Atchison & Nebriuika
273
Atlanta & Charlotte Air-Lluo. i;72 Milwauljee A Northern
273
272 Missouri Piu-itlc
Atlantic Mississippi & Ohio
The following
:
.
.
.
.
272
Central of New Jersey
Cliarlotto Columbia & Augusta. 27
ChicaKO HiirlliiKton & Qiiiuey. 272
8t. Taiil .t
Minneapolis
Cliicago & West Michigan
Glevo. Mt. Vernon & I>cl
Glevc. Tuscarawas Valley
WheeUng
2*i-t
2T0
&
271
272
& Ind.
Ccn.... 274
Detroit Lansing <Se Northern... 27
2G4
East Bound Freight Tariff
Colunitins Chic.
Montpclicr & Well's River
272
IV ow Jersey Midland
273
Western
.... 273
Ni Y. I^ako Krio &
273
New Orleans & Mobile.
274
Pennsylvania Railroad
Peoria Decatur AEvansvUle.. 264
274
ijuincy Missouri & Pacitlc.t .
. .
Kichmond & Allegheny
274
Richmond & Petersburg
&
271
264
264
St.
A
272
274
Texas* Pacific
272
Hartford & Conn. Valley
27H V. S. Transportation on LandHousatoniti
Grand
Roa<ls
264
273
Houston & Toxaa Central
Union Pacitio
270
ndianap. Cin. & Lafayette
273
Virginia State Debt
264
tittle Pittsburg Mining Co
273
264
Louisville & Nashville
273 Waba«h St. Louis & Paoiflo
Western
Union
Telegraph.
264
liOuisvlllo & MashviUe—N. O.
272
A Mobile
273 Wisconsin Valley
Grand
Itiipids
Aug.
1, 1878.
Trust Company believing that the taxes and expenses
of the land grant were not a proper charge upon the tmst, bat
should be defrayed out of the fund resulting from sales, agreed
with the trustees of the Union Pacific Southern Branch mortgage to have the question of the construction of the mortgagee
presented to court for decision. This was done, and resulted
in an order of the court afBrming the propriety of the claim
made by the Trust Company, and ordering that the expenses
and taxes paid out of the general income of the property since
the appointment of the receiver should be refunded out of
proceeds of land sold. The effect of this has been an addition
to the amount available for income of 1879 of $51,063."
A further addition to income of $190,445 was derived from
the collection and sale during the year of the notes of the
Houston & Texas Central Railway taken by the trustee ia
1877 in settlement of traffic balances.
IJnder the advice of the advisory board and with the sanction
of the railway company, the trustee agreed to purchase from
the Land Grant Railway and Trust Company the entire capital
stock of the Booneville Bridge Company, $1,000,000 in amount,
at a cash outlay of $65,000, and consented further that the
account between that company and the railway company should
be reopened and finally adjusted by the Lssue of $200,000 incomesecond mortgage bonds in full settlement of all claims. Under
this arrangement there have been delivered, and are now held
by the Trust Company as trustee of the M. K. & T. Railway
consolidated and second mortgages, 9,872 shares of Booneville
Bridge stock, costing $63,765, and there is reserved against the
small balance of outstanding shares when presented $1,235
in cash and $1,500 in second mortgage bonds.
The estimate in 1878 of renewals and improvements to bemade in 1879 amounted to $510,200 ; the actual expenditure for
these objects was $473,295 ; the estimate for similar purposes
for 1880 is $689,000, the principal item being for 8,000 tons
steel rails to replace worn-out iron, of which an amount equitalent to 140 miles is reported in need of renewal.
"The
Saturday, April 24.
Chicago
295
St.
& Indiana
Paul
Paul
Du'.uth
Sioux City
. . .
ANNCTAI. REPORTS.
Missonrl Kansas
&
Texas.
(For the year ending December 31, 1879.)
The Union Trust Company of New York, trustee under the
mortgages, submits, for the information of bondholders, the
report of the general manager, showing the operation of the
read for the year, the results of business, and the disposition
made of the funds coming into the hands of the trustee.
The gross receipts and disbursements of the trust during the
year were as follows:
Gross carningfi
Net proceeds land sales
Net proceedH Denisoo Cotton Compress
lutereet allowed by Trust Company
$3,344,291
61,063
27,101
3,615
Leee total expenditures
$3,426,071
2,406,6^1
DENISON AND SOUTHEASTERN RAILWAY.
of the advisory board and railway com?any, arrangements were made in the interests of the >I. K. &
Railway for extending the Denison & Southeastern Road in
a southerly direction, and for purchasing the Denison & Pacific
Railway, already completed westerly from Denison to Gainesville, a distance of 41^ miles.
The extensions are to be operated under a traffic arrangement providing for their ultimate
acquisition by the M. K. & T. Railway as additional security
With the sanction
'.
to Its
mortgage debt.
COMPARATIVE STATEMENT OF EARyiNGS AND EXPESSES
»
1878 AMD
1879.
Balance
Add from notes of Houston
& Texas Central
$1,019,450
190,445
RR. Co
Bamtngt.
1878.
$2,039,927
766,601
Mails
109.962
Express
54,775
Miscellancoug
10,414
Freight
Net proceeds
Applied a« follows
Coupons and interoet
Account Douison Cotton Compress
Purchase of Booucville Railroad bridge stock
Net balance for 1 879
balance Dec. 31. 1878:
General manager's lodger
$1,209,896
$811,491
15,726
65,000—
Totals
.
.
.
$2,981,681
....
$317,677
Add
Union
892,218
I'assengers
1878.
transport'n
139,622
88,997
Motive power
M'ntonance of
.
:
,
;
Bemi'tJinccs in transit
Ujiion Trust Company of
New York
$457,300
$187,292
100,000
170,008— $457,300
The general manager's report shows that the net income from
the operation of the railway was $1,043,208; the net income for
1878 was ;jl348,483; the increase in earnings in 1879 being
1362,610, and the decrease in expenses in 1879, $332,114. From
the net income there was further applied in purchase of leased
:
equipment $35,217.
The improvement in earnings is due to the growth of the
Tolume of business manifested in the number of tons moved one
mile, which shows an increase for this year over the preceding
of 24,227,041 tons, while the rate per ton per mile has been
nearly maintained, being '01724 in 1879, against '01726 in 1878.
The large corn crop along the line of the railway contributed
materially to this result. The movement of corn, moreover,
was in a profitable direction, 2,506 car-loads having gone into
Texas, as against 449 the year befoi-e, from which State, on the
other hand, the cotton movement was largely increased, the
number of bales of cotton carried in 1879 being
e
e 165,511, against
95,394
1878.
Tlie decrea.se in expenses this year over the last formed an
important item in the net result. Improved drainage and the
increased number of miles laid with steel rails have had their
influence in diminishing the outlay for maintaining the track in
condition, to which the f.ivorable weather of the pa.st year has
also contributed. The number of miles of steel rails laid during
the year was 77><i, requiring 6,334 tons; and the total amount of
miles of steel rails in the track on Dec. 31, 1879, wa.s 214
m
.
$3,344,291
$362,610
Expenses.
1879.
Increase.
Decrease.
$415,936
$51)850
5!,109
3,584
DecrMtse.
$486,559
524,024
$479,057
503,176
225,539
213.926
11,613
500,033
394,903
101,993
282,462
105,132
4,366
177,757
cara
Balance Dec. 31. 1879:
General manager's ledger
Increase.
Conducting
$50,624
Ti-nst Co., csish
$86,837
00
U. P. So. Br'ch coupons. 2,160—
1879.
$2,455,863
714,750
112,072
54,775
6,829
f7j501
0,847
M'ntenance of
Gen'lexiiens's
I'll
106,35!>
Renewals
460,219
Total oporat'g
expen's and
renewals
Net earnings..
Improvemeuts
$327,219
$2,302,739
$678,942
206,984
$1,975,519
$1,368,772
190,833
$089,829
$471,958
$1,177,938
$705,980
36,913
33,971
Rent'lofleas'd
engines and
cars
16,150
Equipm't and
6,211
3,527
$428,833
$1,140,439
bottemiont..
Net proceeds.
-
2,684
$711,606
SOURCES OP EARNINGS FOR FIVE TEARS.
1879.
1877.
1878.
187«.
1875.
Freight
$1,935,115 .$2,196,432 .$2,17e,'275 $2,039,927 $2,455,863
714,750
766,601
Passengers...
819,487
832,675
750,977
109,962
112,072
Mall
122,669
94,925
132,351
34,775
Express
54,775
54,775
54,775
62,447
6,829
10,414
38,670
MisccUancqus
23,914
4,034
,
'
Total
NUMBER OP
$2,904,925 $3,217,278 $3,197,320 $2,981,681 $3,344,291
TO.NS
OP PUEICIIT CARRIED ONE MILE, AND BATE PER TON
PER M1I.B, FOR FODR YEARS.
1876.
1877.
1878.
1879.
Tons f r»lgtt moved
one mile
105.110.714 108,890,2.37 118,190,343 142.418,284
01'724o.
Rate If) ton |* mile.
01'726c.
0.i'089c.
01-998C.
[.Any bondholder.^ who desire copies of the full pamphlet
report can obtain them from the Union Trust Company.]
9
;
THE CHRONICLE,
296
Hannibal &
(
For
the
St.
:
$1,997,40.5
1 ,223,421
$773,983
Net earnings
6.57,320
Interest
Net earnings over coupon Interest
Receipts from sales of lauds not included in
assignment to Tarmors' Louu & Trust Company $35,676
1,513—
Other sources
f 116,663
.
Total income
Proceeds of sale of $261,000 land grant sinking fund bonds.
37,190
$153,854
261,430
$415,284
This
sum has been
applied or remains in hand as follows:
$92,315
47,587
67,000
•Construction
New equipracut
Reduction of fuuded debt
Reduction of
bills
aud aeoounts payable
28,825
11,018
87,664
8,194
3,998— $41 5,284
reduction in funded debt since last year's report is by
the payinent of the Quincy & Palmyra first mortgage 8 per
cent Donds, $67,000 of which were outstanding and became due
The
1st, 1879.
The company has no floating debt. The
vouchers and pay rolls are paid to December. The item of
accounts payable in the balance sheet represents the December
pay-rolls and vouchers. The item of bills payable (§91,125) is
•composed entirely of the remaining notes of $2,025 each, for
freight cars, maturing monthly until September, 1883. The
payment of the twelve notes of this series maturing during the
past year and the $45,569 bills payable for steel rail, shown in
the last report, constitutes the reduction in this account. During the year 48 miles of track have been laid with new steel and
there are now about 177 miles of steel track.
The condition of the road is as follows
February
:
Miles.
Hannibal to St. Joseph— M.ain Line
8t. Joseph to Atchison—Extension of Main Line
Cameron & Kansas City Branch
Palmyra & Quincy Branch
206-41
19-47
5305
1342
292-35
Total length of track
AND
1879.
Freight
68,()79
Increase of cash over last report
Increase of freight iu tninsit, &c
Increase of credit balances of current accounts
St. L. K. i&N. W. bonds
Balance of sundry accounts
to the rupture in the Southwestern Railway Associacaused by the withdrawal of the St. Louis lines, and
extending from the 12th April until the 15th September, the
rates for carrying freight during this period of five months
were very low, and consequently entailed a heavy loss in
revenue. The passenger business eastward was also seriously
affected by the same cause.
In May the rate per ton per mile on through freight was as
low as 37-100 cents, and for the entire year the avcage was
78-100 cents, against a similar average for 1878 of 1 1-10. On
the tonnage actually handled during the year, this difference
in rate was equivalent to a loss in revenue of $288,915.
During
the year there were moved 622,553 tons freight and 282,379 passengers, against 543,472 tons freight and 257,916 passengers in
1878, being an increa.se of 14^ per cent in volume of freight
a nd 9 j^ per cent in passenger traffic over the business of 1878.
SEMMAltY OF KE9CLTS OF FREIGHT AND PASSENGEK TJIAFFIC FOB 1878
tion,
year ending December SUt, 1879.)
report has the following
INCOME ACCOUNT.
Earnings during the year
Operating expenses including taxes
Coupon
Owing
Joseph Railroad.
The annual
As the result of the reorganization and extension of the St.
Louis Keokuk & Northwestern Road, 192 shares preferred and
192 shares of common stock of the reorganized company have
this company, and they subscribed for the bonds
issued for the purpose of the extension of the St. Louis Keokuk
& Northwestern to the extent of $35,716, three-fifths first
mortgage and two-fifths second mortgage at the rate of fifty
cents on the dollar for the whole.
been issued to
Earnings
Expenses
Tons carried
Tons carried one mile
E-iniisigs per ton per mile
Cost per ton xier mile
1879.
$1,127,433
$809,271
622,553
111,987,174
^
1
''leooo.
Traffic.
Earnings
Expenses
Passengers carried
Passengers carried one mile
Earnings per mile
Cost per passenger per mile
$569,458
$414,150
282,379
21,545,368
$549,062
$394,228
257,916
19,108,676
**iooC'
2 87,ooc.
1 ^\(x,v.
2 OSjooo.
Chicago Clinton Duhnquc
&
\{For thi year ending Dee.
The
•
transactions
Minnesota.
31.s<,
1879.)
annual report of this consolidated company supplies the following information
The gloss cnmings -were
$491,075
The operating expenses (including taxes)
370,996
first
:
Net earnings
$120,078
The gross earnings exceed those of the previous year by
$11,275. The smallness of this increase is due to the fact of a
partial failure of the crops in 1878 in the region of the country
through which the road runs.
The operating expenses exceeded those of the previous year
by $34,130, which is accounted for by unusual expenditures for
repairs of bridges, equipment, etc.
The bonded debt was increased by the construction of three
narrow-gauge roads. These roads run due west from the main
line, aggregating a distance of about 118 miles completed, and
21^ miles to be completed, through a fertile country, and will
be valuable feeders to the road. Two of them are finished,
and the third one will be completed this summer.
Details of receipts and disbursements for the year 1879 :
$131,502
341.312
14.014
3,436
of
market.
The cash receipts of the year were as follows
Free land ( i. e. not covered by assigned contracts) $51 ,01
810— $491,075
$354,928
16,067— $370,996
Leaving as net earnings (24-45 per cent)
:
. .
Assigned contract lands
263,692— $314,711
The expenses of the department, including the taxes of the
year upon the lauds, and exclusive of payments for principal
and interest of bonds, have been
Free land
_
$14,107
Assigned, etc., land
31,980— 46,167
Net income from land
$268,544
From these receipts the sum of $35,676 has been paid into the
treasury of the company. From the portion which went into
the hands of the Farmers' Loan & Trust Company, as trustee,
the interest on the land grant bonds has been paid, and $200,000 of the bonds drawn by lot have been paid in accordance
with the terms of the trust.
There were sold of these bonds from time to time during the
j^ear, at par and accrued interest, for the purposes of construction and additional equipment and payment of the Quincy &
Palmyra first mortgage, $261,000. Of the $1,000,000 issue land
grant bonds of January 1st, 1878, $350,000 have been drawn
and paid and there remains $158,000 unsold, leaving outstand-
ing $492,000.
Amount expended
$120,078
for construction in 1879
Paid for right of way main line
Purchase of -warehouse at Lansing, la
Fire-proof vault at general offloe.'
Elev.ator at Brownsville, Minn
Lots in Bellevue for depot grounds, &c
Depot and grounds at Caledonia Junct., Minn
Accrued interest on bonds
Misccllimeous interest
„
1879.
$566,876
-.-,
iV^l"'--';'
Miscellaneous
Total..
Expenses (01-25 per cent of earnings)
.
Net earnings
1,247,835
48,463
30,349
1878.
$549,062
103 gg^
1,295,250
61,089
24,688
125,361
$1,997,405
1,223,421
$2,045,450
1,265,095
$773,933
.$780,355
:
$9,629
1,150
2,783
2,500
2,026
3,167— $21,256
.
25.666
8,436
4,708—60,067
Old indebtedness
Bal.ance
$60,011
Received suliscriptions in aid of building Volga Valley Branch
In 1877
Leaving as revenue in excess of expenditui-e
BALANCE SHEET JANUARY
1,
1880.
Constraction account
$6,2.30,192
Equipment.
Miscellaneous balances due from others
Stock of Waukon & Miss. RR. Co.'.
First mortgage 8 per cent bonds "Waukon
Cal. Miss. & West. RR
Cal. & Miss. Railwiiy
Chicago Bellevue C. & Western RR
5,791
$65,802
&
Miss.
Contracts with the Chicago R. I. & P. RR. Company have Waukon AMiss. RR
been made, giving the right to a joint use of the road from Due from subscribers for new bonds
Cameron Junction to Kansas City for a rental, and the right to Minnesota town bonds
use the Kansas City Bridge upon an agreed schedule of tolls
Total (including other small items)
substantially the same as that of the Atchison Bridge Company. Capital stock
Contracts were also agreed upon with the Missouri Pacific C. C. T>. s. M. RR. Co. 5 year 7 per cent bonds
"
"
30
Eailroad for the joint use by them of the track between
Unpaid vouchers
Atchison & St. Joseph.
bonds
Accrued interest on 5-year 7 per cent
EARNINGS AND EXPENSES TO DEC. 31.
Bills payable
S™?,??P™
f/o'snj
U.S. Mails
1878.
$1,295,250
$832,322
543,472
100,012,716
'^^loo".
Passenger
LAND DEPARTMENT.
Gross earnings— From passengers
the
and department show greatly
Fromfreight
From mails
increased activity. A complete re-valuation has been made,
From express
based upon actual inspection by competent experts.
The
From miscellaneous sources
greater part of the contracts upon which payments were in
Operating expenses were (72-28 percent)
arrears have been canceled and the land placed again in the Taxes
The
XXX.
[Vol.
233,825
68.466
50,643
27,000
326,178
75.600
124,184
38.986
66.000
30,600
RR-
of Feb. 1,
Jan. 1,
Income account
$7,309,062
$6,151,440
'79.
400,000
'80.
553,000
47,961
11,666
99,000
45,100
Total (including other small items)
$7,309,062
Cniuberland Valley Railroad.
\{For the year ending Deeeniber 3ts^ 1879.)
The annual report of this company has the following.
The revenue from all sources and the expenses were
lows:
as fol-
:
MA.UCU
—
.
THE CHRONICLE.
20, ls80.]
Frmn
OliOSg UARNINOB.
$300,933
freight
Froui
i>aHrt(!U(^crH
OrEIIATlNO KXPENSM.
For couduotlng transportation
$76,750
For mot ive power
47,604
For uinlntcuancc of curs.. 43,187
For maiuleimiicoof way..
58,221
For goueral oxpeuees
12,873
152,422
6,078
8,6a7
34,910
From ni;iil
From oxprefl«
From iiilBCeUancous
$503,597
$238,607
$264,900
Nctcanilngs
297
The average operating cost, including taxes, for the year wan63 2-3 per cent.
PAYMENTS OTHEB THAN OPKBATINO EXPENSES.
Real estate for docks (additional)
$2,525
Mall and machinery for car shop
4,191
Four loeomotlves and tenders
10,672
,
New freiglit cars
40,666
Paid billH payable due prior to Jan. 1, 1870
44,008
Paid accounts due prior to J:in. 1, 1879
8,235
Increase accounts receivable In 1879
24,137
.'.'.'.'.'.'.'."..'.
C. T. V. & W. Hallway 2d mortgage bond*— coat
18,006
Keal estate
17.617
TugR. K. nuwioy
,
s!«0O
General supplies (increase)
4,073
Interest on bonds due prior to October 1, 1878
8,590
Interest on new bonds
•..
2,088
'.
'.
Appropriated as follows
State tax
Intereston bonded debt
$21,770
26,548
Ten per cent lu quarterly dividends
177,785—$226,103
.'
$38,790
Burplua
The
cost of operating the
receipts.
main
line for the
fl84,96»
year was 47 4-10
GEKERAL BALANCE DEO.
per cent of
The following statement exhibits the business of the year, as
compared with the preceding one
:
Increawo In grosa earnings
$10,178
40,200
Decrease in ox>eratiug expenses
Increase In net earnings
$50,385
i
Net earnings, 1879
Net earnings, 1878...
$264,90f)
214,514
Increase
Number
31, 1870.
A»»tU.
Cost of road, depots, slions
(ieueral supplies on hand
and equipment
$4,644,071
14,452
3 S09.
'624
i
1,071
Due from other companies
Due from Post OHieo Department
Due from agents
Miscclluneous collections
28326
Advances to Wheeling Extension
657,386
17 517-
Real Kstate
TagR. K. Hawley
5,600-
$50,385
of tons of freight
moved on main
For 1879
For 1878
line
and branches
Income
:
accoi|iit to balance..
374,172 tons.
318.«9Ctons.
Increase
Tons moved one mile during 1879
Tons moved one mile during 1878
Increase
,..
55,476 tons, or 17*10 per cent
12,485,385 tons.
11,030,907 tons.
1,454,478 tons, or 132io percent.
$680,503
33,253
$5,406,973
,.,.,.
Capital Stock
C. T. V. <fe W. Railway 1st Mortgage (new)
I.. 8. &T. V. Railway Ist
Mnrtgage
F. & B. R. Railwiiy 1st AIoitgnf;e
&
C. T. V.
W. Railway
C. T. V.
Railway
Bills payable
&W.
,
2d Mortgage
2d Moitgage Scrip
$1,055,950
579,00a
2,000,000
180,000
1,397,000
7,746
5,394
31,638
19,292
1,238
210,000
18,900
The report says " We have laid, during the year, 136 tons
Bills audited
of steel rails, and renewed 47,759 cross ties. Our equipment Pay-rolls
audited.^.
has been increased by the purchase from the Harrisburg Car Oue other companies
Company of twenty gondola cars, and we are building at our Tlupaid conpous L. S. &T. V. Ist Mortgage
E. &B. R. 1st Mortgage
own shops three passenger coaches and three cabin cars, Treasurer's
overdraft
8i2
which, though not yet completed, are charged at their estimated cost to the expense account. We have now 48 1-10 miles
$5,406,973
of main track laid with steel rails, and have the satisfaction of
The tonnage for the year was
reporting roadway and rolling stock in good condition."
S'^l-,;
455,519 ton»
MiscellaueouB
Earnings and expenses of the leased lines were as follows:
98,723 "
MARTINSBtJRG 4 POTOMAC KAILBOAD.
Total
554,242 "
Average receipts per ton per mile 1 17-100 cents.
Hamings
$11,468
Expenses
In order to obtain the money necessary to construct the
io,082
Wheeling extension, all the mortgage-bond holders signed an
Net earnings
.
$1,385
agreement among themselves, and with the company, by which
DIIXSBUHG & MECHANICSBOBG BAILKOAD.
a mortgage securing 700 bonds of $1,000 each should become a
1878.
1879.
first lien upon the entire railroad and property of the company,
Gross earnings
$17,955
$19,209
Operating expenses
9,908
12,701 which bonds so secured were accordingly issued and have been
disposed of at par and accrued interest, five hundred and
Net earnings
8,047
$6,507 seventy-nine bonds having been delivered to
purchasers prior to
RAILBOAD OF THE SOUTHEEN PENN. RAILWAY * MTNING CO.
December 31, 1879, and the proceeds applied in payment for
Earnings
$15,693 construction and for steel rails.
Expenses
15,114
Six thousand gross tons of steel rails, purchased at $45 per ton
Net earnings
$579 in May, have been received and laid on that part of the railroad
" The Shenandoah Valley Railroad is now approaching com- between Lake Erie and Uhrichsville and the partJy-wom iron
pletion. Hagerstown has been adopted as its northern ter- rail has been transferred to the Wheeling extension.
minus ; and a connection with our road, a short distance south
The construction of the extension has progressed steadily
of the town, has been determined upon. Our depot and other since the resumption of work, June 1, 1879, and at this date
facilities at this point will afford them such terminal conve- (March 10, 1880) the grading and bridging is nearly completed,
niences as they will need, and a satisfactory agreement upon and the track is laid with the exception of nine miles.
this subject has been entered into. The route of the road will
It is expected the track will be laid and sufficiently ballasted
be via Shepherdstown, through the counties of Jefferson to begin business between Lake Erie and the Ohio River May 1,
'
Clarke, Warren, Page, Rockingham and Augusta, to a
point 1880.
on the line of the Chesapeake & Ohio Kailroad at or near
Staunton, Va. It is now completed, and is being operated from
bhepherdstown to Front Royal, a distance of 45 miles ; and
the officers report that the entire road will be finished
by the
close of the present year."
Atlantic & Great Western.— The Atlantic & Great Western
Railway Company has been formally changed into the K?"
GKKERAL BALANCE DECEMBEB 31, 1879.
York Pennsylvania & Ohio Railway Company, and the certifiDr
Cr.
Cost of road and equipFirst preferred stock
$241,900 cate filed at Columbus, Ohio. The Rev. J. Lockington Bates,
ment.
$1,887,465 Second preferred stock.
243,000 of London, who purchased the road for English bondholders,
Materials on hand
58,299 Common stock
1,292,950 states that
Trustees of the continno incorporation will be necessary
New York. An
First moitgage bonds.
161,000
gent fund
570,149 Second mortgage bonds.
109,500 auxiliary company will be incorporated in Philadelphia, and
Ualance of accounts
83,785 Common bonds
81,800 the certificate filed at Harrisburg with the Secretary of the State
Cash, Deo. 31, 1879
156,714 Due for dividends
45,473 of Pennsylvania. Within
a fortnight the two companies will
Due for interest on bds..
1,793
$2,362,414 Balance
585,006 meet, consolidate, and elect directors. Gen. J. H. Devereaux,
Receiver of the Atlantic & Great Western, will be President, £.
$2,762,414 D. Cooper, General Superinten(ient, and the other officers wul
LClereland Tuscarawas Valley & Wheeling Railway.
be appointed by the new company. The general office will be
in Cleveland.
(For the year ending December 31, 1879.)
The London newspapers publish the following statement of
gThe annual meeting of the stockholders was held recently
the total capital and annual interest charges as they will stand
under the scheme of reorganization.
The annual report contained the following :
CAPITAL.
Interest.
EABSISGS.
_^
OrEUATING
EXPENSES.
Prior Hen bonds, $8,000,000 at 6 per cent per annum
From freight
$480,000
$362,332 Operating, and repairs to
1< irst mortgage bonds
From passengers
$2o,2S0,845,at 5 per cent per annum, if
75,435
equiiunent
$188,967
earned within
* rom mails
1,264,042
6 352 Traclt and structures
80,418 Second mortgagethe year
From express
1*831 For balance car mileage
bonds, $ll,627,886,at5 per sent per annum,
3,657
if earned within the vear
From other source*. 7.
581,394
798 For taxes
11,380 Third mortgage
bonds, $28,783,000, at 5 per cent per annum,
it earned within the year
1,439,150
749
$284,430 Preference shares
$10,000,000
Net earnings
;
$162,319 Common shares ( estimated)
25,000,000
The capitalized overdue interest (37 per cent on the first
lo-'i^P®'"*''"^ °°^'' incliding taxes, January 1 to November
-IK
15. 18/9, wa-s about 59 per cent, and from
November 15 to raortgaffe and 12 per cent upon the second mortgage) is
'^^°'^^ '^8 per cent.
The difference was included in the above. The following securities have ceased to
£!ff'5^K''i^'\^''.?'
^^"""^ °^ •"'** '^''lers in the Tuscarawas Valley be a claim upon the
Atlantic & Great Western Railroad (^reor^^?.?„
cutting off earnings.
ganized).
;
aENERAL INVESTMENT NEWS.
m
.
—
.'
.
V
.
—
THE (HRONKJLE.
298
I*ii«ed lines (1872) bonds
Lciised lliH-a (1873) bonds
Wisteru ExtcuBlon
*^'552'S2n
•J'''.*'9'i!l;x
ccrtiflcntes
HlKlit
per
t-ent
Hovcn
i)er
cent Western Extension trust bonds
DISRUKSEMENTS.
Vouchers subsequent to November 17, 1876
),(>i>5,tK)0
PayrnllR
1,748,500
Arrearaces
Casli
on liaud Marcli
XXX.
?31 1 ,220 12
122,ri<J8 16
296 71
1,
1880
201,899 68
ii!13,443,500
'Total
to meet the interest on the prior lien
and first mortgage bonds as above is $1,744,042. The net revenue for the year 1873 reported by Mr. Devereaux was |1.920,000, which would be suflBcient to pay the interest on the prior
lien and first mortgage bonds and the rental of leased lines.
Atlantic Mississippi & Ohio.— A report has been issued
in Londcm to the bondholders of the Atlantic Mississippi &
Ohio Railway, stating that a decree for the sale of the road had
been obtained, the United States Circuit Court agreeing to
appoint the master commissioner to sell the property. A
.statement of accounts is given, from which it appears that the
receiver has $260,000 of funds in hand. The net revenue from
July to December 31, 1879, is stated at $475,629. The estimate
from the 1st of January to the 1st of July of this year is $260,768. The report says that probably "the final expenses of the
foreclosure and sale may aljsorb the net earnings after payment
of the divisional interest." Pending the arrangements for sale
under the foreclosure, application has been made to the Court
to sanction the payment of " an interim dividend of $2 per coupon on all the overdue coupons of the consolidated bonds.
The amount required
Total
$030,012 08
Pennsylvania Railroad.— At a meeting held in Philadelphia
on March 18 of the committee appointed at the annual meeting
of the Pennsylvania Railroad Company to nominate directors,
the following ticket was nominated to be voted for on Tuesday
Thomas A. Scott, Josiah Bowen. Wistar Morris, Samuel
next
M. Felton, Alexander IBiddle, Henry M. Phillips, N. Parker
Shortridge, D. B. Cummings, Henry D. Welsh, John Price
Wetherill, Alexander M. Fox, William L. Elkins and James McManus. Heretofore the shareholders have elected ten directors,
but the committee now present thirteen names to be voted for.
The three last-named gentlemen were elected in November last
to represent the stock then held by the city of Philadelphia,
which stock has since been sold. 'Ihey are nominated by the
committee to be voted for by the stockholders, to avoid a possible legal question as to the. right of their seats by virtue of
that election.
—
.
fVoL.
Chicago & Paciflc. Mr. Henrv "W. Bishop, faster in Chancery in the Federal Courts, has filed a report in Chicago in the
case of Blair vs. The Chicago & Pacific Railroad Company, in
which he states that on the 1st day of May, 1879, he had sold
the above road for $916,100, and that the purchasers at that
•sale paid fOO.OOO cash to him and $200,000 to the Clerk by order of the Court. The sum of $321,200 was subsequently
allowed them, being an amount equal to a 22 per cent dividend
on 1,460 bonds owned by them. Under an order of Feb. 11, 1880,
they paid $250,900, and turned over fifty -two receivers' certiflcates which were credited to them as $84,000 ca.sh. These items
together made up the total purchase money of $916,100, which
is now all paid, and the master was accordingly directed to give
the purchasers a certificate of purchase and to surrender them
their 1,460 bonds.
&
Cliicago.—Mr. M. E.
Cincinnati Indianapolis St. Louis
Ingalls, President of the late Indianapolis Cincinnati & Lafayette liailioad, has issued the following circular:
"On the 2d day of February, 1880, the Indianapolis Cincinnati & Lafayette Railroad was sold at foreclosure sale, and was
.purcha.sed by a committee in the interest of bondholders, which
fale has been confirmed, and a new company organized under
the above title. By order of the courts the property Las been
tiansferied to said Cincinnati Indianapolis St. Louis & Chicago
railway Company, such transfer to date from March 1, 1880.
" From and after that date all accounts should be kept in the
isame of The Cincinnati Indianapolis St. Louis & Chicago Railway Company,' and settlement for balances made with E. F.
Osborn, Treasurer, Cincinnati, Ohio. Mileage reports to be forJWft ded to fame address."
At Cincinnati, March 13, a deed of transfer, under the
recent sale of the Indianapolis Cincinnati & Lafayette Railroad,
was left with the Recorder for record, and also a mortgage from
the new Cincinnati Indianapolis St. Louis & Chicago RR. Company to George T. Bliss and Harvey Bates, trustees, to secure
the i.ssHe of $7,500,000 of mortgage bonds of the new road.
'
Evansvillc Terre Haute & Chicago.— Pursuant to the terms
.of lea.se of this railway to the Chicago & Eastern Illinois Railroad Company, holders of interest certificates are notified that
the lame are now exchaD^eable for preferred stock on presentation at the oflice of the Farmers' Loan and Trust Company,
New York.
:
—
—
Pittsburg Cincinnati & St. Louis. At Columbus, Ohio,
16, the annual meeting of the Pittsburg Cincinnati & St.
Louis Railroad was held. The annual report for 1879 was submitted. The gross earnings for 1879 were $3,603,123 and the
expenses for the same time #2,003,561, showing the net earnings
to have been $1,599,562. Out of this was paid: Interest on
bonds, including .second mortgage, $833,625 other items of interest and rents, $160,457, leaving a profit of $605,480.
The net
revenue from leased lines was $1,467,765 and the rentals $193,which,
deducted
from
the
profit
480,
on Pittsburg Cincinnati &
St. Louis lines proper, gives a pl'ofit on all the lines of $412,000,
being a net gain on 1878 of $557,757. The lease of a portion of
March
;
& Muskingum Valley Road to the Columbus &
Sunday Creek Valley (now the Ohio Central Railroad) was ratified.
The old Board of Directors was re-elected, as follows
the Columbus
:
Thos. A. Scott, Geo. B. Roberts, Wistar Morris, Strickland
Kneass. H. H. Hunston, J. N. DuBarry, John Price Hetherill,
all of Philadelphia ; Wm. Shaw, J. N. McCuUongh, Thomas D.
Messier, W. H. Barnes, Pittsburg ; Robert Sherrard, Jr., SteuThe organization of the
benville, and D. S. Gray, Columbus.
new board was postponed until a later date.
Railroad Freight Rates.-The Chicago Tiwe* gives a table
of freight rates from Chicago to New York each month for
twenty years. The rates are for shipments of grain and provisions, and show the nominal tariff charges, vvhich, however,
it is well known have not always been strictly maintained.
KATES IN CENTS PER 100 POUNDS.
May. ,T'c. J'y.Aus. Sop. Oct. Nov. Dec.
Year. J.an. Feb. Mar. Apr.
45
42 J„ 40 45 45 55
60
60
55
50
(>5
65
1800.
57I2 60
.50 45 45 55
65
55
90
95
95
1801.
60
,50 50 55 70
55
83
95 105
1862.
95 100
85
65
80
67 (iO <i() 55
!>5
110
105
85
70
75
1863. 105
.75
75
75 85 80 95
95 115 160
1864. 110 110 100
95 130 130
70
70 70 70 70
1865. 160 160 100 100
60 65 65 85 100 105
80
70
70
70
55
90
1800.
83
85
1867. .90. .80 .70
55
50
75 70 70 75
85
!>()
1868.
85
85
80
70
60
55 60 ^^h
70
73
75
65
50
50
50
45 45 50 65
70
1809.
70
(i5
70
70
60
50
45
45 45 45 .50
65
65
1870.
70
60
65
45
45
65
1871.
65
50
40 45 50 55
65
63
65
45
60
50
45 45 45 55
65
1872.
65
65
65
05
65
65
60
45
45 45 45 50
55
1873.
55
60
40
60
55
40
45
40 45 45 45
1874.
45
45
40
35
40
40
40
40
45 4(( 40 40
40 43
1875.
30
45
40
45
35
30
20 20 20 20
20
20
30
1876.
35
35
65
30
30
30 30 30 35
1877.
40
40
40
30
30
25
40
20
16 16 20 30
1878.
30
33
35
30
20
20
35
15
20
23
30
40
40
1879.
35
35
.
.
.
.
.
.
.
.
.
—
Louis Iron Mountain & Sontliern. The following notice
published: "In pursuance of the agreement dated November
27, 1878, under which nearly all the shares of stock of the Str
Louis Iron Mountain & Southern Railway Company have been
transferred to us, as trustees of the stock trust therein mentioned, notice is hereby given to all whom it may concern, that
the said railway company has notified us that it claims that
the time has arrived when, according to the provisions of said
agreement, the said stock trust is to tenninate, and that in our
opinion it is so, and that we intend to take action accordingly
bany, Ind., for $50,000.
by transferring the said shares of stock to the Farmers' Loan &
Missouri Iowa & Nebraska.— The directors of the Missouri Trust Company for distribution, after the publication of this
Iowa & Nebraska Railroad Company have ratified the proposed notice, for the time and in the manner prescribed by the
Dated New York, March 13th,
eale of that road to the Wabash. 'Contracts have been given said agreement in that behalf.
out for extending the main line thirty miles west to Corydon, 1880." Trustees, Robert Lenox Kennedy, Samuel G. Ward,
Iowa, and for grading a branch to Albia. After foreclosure Thomas Allen, Nelson M. Beckwith, Charles H. Marshall.
reorganization, the road will be consolidated with the
The land operations of the St.
St. Louis & San Francisco.
^.? u
Wabash. The branch to Albia contemplates a connection with Louis & San Francisco for the past year, as comi^ared with
the Iowa Central and the ultimate absorption of the latter road preceding years, is as follows
The tables show the whole of
into the Wabash system.
the two grants and the amount now remaining. Acres sold in
Nasliville Chattanooga & St. Louis.— Ex-Governor James 1878, 37,774 ; acres sold in 1879, 42,806 increase, 5,032. The
D. 1 orter, of Tennessee, has accepted the presidency.
amount of money received from sales for 1879 was $161,813.
The statement of the entire transactions in lands from August,
Oliio & Mississippi.-John King, Jr., Receiver of
the Ohio
1866, to January, 1880, is shown below
Mississippi Railroad has filed his report of receipts
and disAcreS.
SOUTH PACIFIC GKANT.
bursements for the month of February in the United States
Circuit Court. It is as follows
1,161,243
Total grant of 1852
645,746-95
Sold to January 1st, 1879
IIECFIITS
40,343-98
Soldiu 1879
Casbonhand Felmiaiy 1...
«ia^o(ir'«.t
686,090
-Cash from station aseuts
•!0^.>?i^ Sl
Ca«h from cmKiuctois
t-iA n%
.Casii from Indianapolis railroad comiiauies;
etc
Sl's'sfi 65
475,153
Cash irom A(iams and Ameiiean express
cxmcsR companies.
™nmanlP«
132,317
7.i5 30
Canceled and reverted back to company January Ist, 1880.
Indiana Sonthern.— Under a decree of the United States
Court in a suit to foreclose a mortgage to Samuel J. Tilden and
W. H. Swift, the Indiana Southern Railway, from Fort Wayne
to Jeffersonvillo, together with all lands acquired by said railway company and appurtenances, subject to the right of the
Ohio & Mississippi and the Fort Wayne Muncie & Cincinnati
Railroad companies to remove from said property any ties, rails
and other structures thereon owned by them, was sold at Vernon,
Ind., March 11, to John S. Swolzenberg, an attorney of New Al-
St.
is
—
—
:
;
&
:
:
'
'
'.'.'.'.
'.
'.
'.
'.
'.
'.
'.
'
.
Total.
.
$636,012 08
On Land January
1st,
1880
607,470
'
Marcu
THE CHRONICLE.
20, 1880.J
;;
:
;
299
ATLANTIC AND PACU'IC GBAMT.
grant of ISfiO
Kcturtied to Govorumcut
*°?-§i2
l,Si7
ISSO
504,039
2J0,25U
Totivl
Sold to January
Ist,
284.080
Cancoloa to Jnniiary
1st,
10,',)81
1880
On hand .lannniy 1st. 1880
Louis & Southeastern.— In the
2&,5,0«1
COMMERCIAL EPITOME.
Friday Nioht. March 19. 1880.
is a weakening'
speculation in leading staplas, and the tendency of prices ha»
The exceptions, if any,
l)eon generally towards lower figures.
have been in foreign merchandise. The weather has been quite
wintiy in northern and middle latitudes, and at the South
heavy rains have caused floods, more or less destructive. 'ITie
money market has continued in an unsettled state, but has been
felt more on the Stock Exchange than in mercantile circles.
In provisions a good movement has been reported, thoagh
at steadily declining figures, in sympathy with the Western
advices and the apparent cessation of speculative interest. Pork
to-day sold on the spot at $11@|11 25 for old, and $11 80@$i2
General trade
is
fairly prosperous, but there
of Philo C. Calhoan
and othora trn. The St. Louis & Southeastern Railwaj;, involving
several questions as to the rights of intervening petitioners for
material and supplies in railroad foreclosure suits, .ludge
Drummond has rendered an interesting decision, from which
the following is extracted
"This was a bill filed in the Fall of 1874 by the trustees to
foreclose the consolidated mortgage. There had been prior
mortgages on different parts of the consolidated line of road,
And tne parties iutere.sted (the bondholders) were made defendants in January, 1876. Pending the litigation various parties
have filed claims for labor, supnlies and materials. The bondholders interested in the prior mortgages also filed in 1870 for new mess, the inside price for 1,500 bbls.; also, new for
independent bills to foreclose them. A receiver was appointed March was sold at $11 80, and closed $11 70 asked ; May
at
by the Court, who took possession November 1, 1874, and since .*11 65@$11 60. Lard on the spot realized 7'50c. for old prime
then the property has been in the hands of, a receiver. 4'he Western, and 7'57^@755c. for new March at 7"5.5c., April
trustees of the consolidated mortgage were also trustees of the 7T)r.@7-50c., May 7-60@7-n2>i2C., June 7-65@7-60c.; refined
sold
prior mortgages. These intervening petitions were for labor
at 7'90c. for continental lots. The tone at the close was weak.
and supplies furnished during the year 1874. The claims were Baccn is dull here at 1%c. for long and short clear together
referred to a master, who took proof, and .has filed a report sales in Chicago at 6/6c., and ehort clear 6Mc. Cut meats, beef,
Allowing a largo number of the claims; and to the confirmation and beef hams are quiet. Butter at the clo.se shows a sharp
of that report objections have been made by some of the mort- advance and a good business. The following is a comparative
gagees. D aring ttiat year, and before the receiver took posse.ssion
summary of aggregate exports from Nov. 1 to March 13
of the railway, the company issued certificates of indebted nes.s,
1878-79.
1879 80.
Increase.
Decrease.
instead of paying the money, and a large portion of the claims Pork....
...lbs. 2li,liO,400
31,244,600
4,824,200
379,(i.'>ti.03()
consist of these certificates given bv the company. There was an liiicon..
.. H>8.3U),H4,.'J71
C6,541,45»
...ll)s.l32,yus,338
14U,372,2«7
13,403,020
order entered by the Court when tne bill was filed for the fore- Lard
closure of the consolidated mortgage, directing the receiver nut
1I)S.4(;9,503,309
534,272,807
Total
84,769,588
of the net earnings of the road to pay all certificates of indebtRio coffee has further declined to 14)^c. for fair cargoes, and
edness and other Dalances which might be due to the employees
of the road, and what might be due for supplies and materials the market has been very quiet most of the week. Mild grades
furnished since the 1st day of January, 1874. It is claimed of coffee have been dull, and to a great extent nominal in value,
that this order was entered by consent of the parties only then owing to the slowness of trade. The stocks of coffee are ample,
appearing in the case, and that the parties to the prior mort- llico has been rather more active at firm prices. New Orleans
gages are not hound by this order but it seems to rae that, molasses has been in good demand and strong at 44@60c. for
being an order made at the time the Court took jurisdiction of fair to choice; and foreign has advanced to 40c. for fifty dethe case, while the parties then in court were clearly bound by grees test refining, the supply still being light, and the demand
uninterrupted; grocery grades of foreign have sold fairly at
it, all parties who came into the litigation afterward.s must be
considered as coming subject to the policy which had been pre- firm prices. The imports of molasses, thus far this season,
scribed by the Court in relation to the payment of the labor and have been unusually small, especially of refining stock. The
supply claims and if that be not so, then certainly subject to reason given for this is that planters in Cuba have been buildthe order as modified by the Court at the instance of the first ing centrifugal works to a greater extent than ever before, and
mortgagees." * * * "Notwithstanding the ability of the argu- that they are refining the mola-sses them.selves, and shipping
ments which have been made by the counsel for the mortgagees, the molasses sugar and " black strap " instead of the " refinthey do not affect the view which I have always taken of these ing" molas.se3. This practice has been a growing innovation
claims, nor are they able to withdraw this case from the princi- for several years past, and promises to make in time an iraples which the Supreme Court has established, which are that pcjrtant change in the molasses trade here. Raw sugar has
the net earnings of the road are to be applied primarily to the been active for cargoes to arrive, the sales on Wednesday alone
payment of the employees of the company and of the amounts reaching 4,000 hhds. Cuba at 4%c. for Muscovado, cost and
due for supplies and materials furnished, and that if instead freigltt from Havana; while there has also been a fair business
of making the.se payments the earnings are diverted either to on the spot on the basis of 7?i@8c. for fair to good refining,
the payment of what is due to the mortgagees or for improve- and 8^c. for 90 degrees test centrifugal.
Hhds.
Boxes.
Bnsfl.
ments or betterments placed upon the road, that constitutes a
Melado.
260
175.893
1,661
valid claim against the corpus the property in the hands of RccelptssincoMarch 1,1880.... 29,446
30,083
134,595
Sales since Man h 1 1880
1,018
the Court, which it is the duty of the Court to see is enf )rced.
33,853
820
643.096
Stock March 17, 1880
2,063
22,394
8,770
522,119
March
1879
Stock
19,
2,722
St. Paul Stillwater & Taylor's Falls.— Holders of St. Paul
Stillwater & Taylor's Falls Kailroad Company Depot bonds are
Refined sugar has been active, and Crushed closes at
notified that said bonds will be redeemed, with the interest due 9%e.
thereon, at the Metropolitan National Bank, New York, on the
The market for Kentucky tobacco has been quiet, even to
1st day of April, 1880.
dullness, and sales for the week are limited to 400 hhds., of
Selma Rome & Dalton. A notice to bondholders and stock- wliich 300 for export and 100 for home consumption. Prices
holders is printed, asking them to unite in a scheme for the are nominally unchanged lugs quoted at 4@5)^c., and leaf 6®
pnrcha.se of the mad and franchises- under the foreclosure pro- 12c. Seed leaf has been rather more active, and sales for the
50O
ceeding's and reorganization of the same, substantially on the week amount to 901 cases, all crop of 1878, as follows
250 cases New England, 10@30c.
cases Pennsylvania, 10@20c.
following basis
and 100 cases Wisconsin, 7@14c.
First mortgage ))oiida lo bo cxcliaiiged for new flrat mortgogo bonds at 51 cases Ohio, private term'?
50 per C(Uit of prliuMpal and unpaid conpon.s; second niortgago l>oud8 to There has been a fair inquiry for Spanish tobacco, and sales
DO exchanged for now second mortgage bonds on similar terms; holders include 700 ba'es Havana at 82c.@$l 10.
of Income bonds to reciive 25 per cent each of new common and preOcean freights have been more active at firmer rates. The
ferred stbi'k, without interest; common stock to be relinquished for 75
per cent of now eoninion stock; all lions judicially decided as prior demands have come chiefly from the grain trade. The number
to the tlrst mortgage bonds, and not ))ayableiu cash, to be on an equal- of vessels in port has been considerably reduced. The engageity with tlrst mortgage! bonds all obligations to be assessed wro rata tor
ments to-day included Grain to Liverpool, by sail, 4}^d. ; do.
necessary expenses.
by steam, quoted 6>^d., 68 lbs.; provisions, 27s. 6d@30s.; grain
The road runs from Selma, Ala., to Dalton, Qa , 237 miles. to London, by steam, 5%d., 60 lbs.; do. by sail, 3s. l^d; per
It is the successor of the Alabama & Tennessee Rivers Railroad
qr.; do. to Glasgow by steam, 4Md., 60 lbs.; do. to Cork' for
Company, chartered in 1848. It has been in the hands of orders, 3s. 8d., prompt loading; and 4s. 3d. for all March ; do. to
receivers for over seven years. Its authorized capital is
Bordeaux or Antwerp, 3s. lO^d.; do. to East coast of Ireland,
$5,000,000, of which $3,750,000 was paid in at the last report. 3s. l)6d.; refined petroleum to a direct Baltic port, 3s.; do. to
The first mortgage bonds then amounted to $5,000,000, the sec- the United Kingdom, 23. 6d ; rosin to the Continent, 2s.
ond mortgage bonds to $4,000,000, and the income bonds to
Naval stores have been intluenced to some extent by the Lon$230,000.
don advices, which have been weak and declining. This fact
has checked the demand, without really causing weakness.
Jlessrs. Fisk & Hatch, in their railroad bond department
Holders of spirits turpentine still demand 49>^@50c., and refor the sale of choice railroad bonds, now have for sale a few of fused bids of 49c. to-day ; strained to good rosins quoted $1 45
the purchase money 6 per cent funding bonds of the Chesapeake @$1 52^ ; the medium and finer grades are more firmly held.
& Ohio Railway Company. The.se bond.s, amounting to only Petroleum has had some business, at slightly better figures
$2,350,000, are secured by a special deed of trust, which was refined in bbls. here 7%c. Mixed certificates at one time admade to secure a part of the purchase money, and comprises vanced to 94.^c., but close irn ga'a at 89%@90c. Metals, with
the firat lien on the entire property and fianchises of the com- the exception of lead, show weakness and dullntrss ; lead has
pany, consisting of 423 miles of complet"d road— with its equip- been active at 5%@5*80c., closing with 5'80e. bid, and 5'85e.
ment, and other valuable franchises representing a capital ia asked for common domestic. Ingot copper quiet a^ 23>^@
stock and bonds of over $50,000,000.
23?4c. for Lake. Cloverseed sold at 1%c. for prime Western.
St.
ca.se
:
;
;
;
—
—
,
i
9%@
—
;
:
;
:
;
;
:
—
—
.
:
THE (JHRONICLE,
300
O O T T O N.
Fbidat. p. M.. March 19, 1880.
The Movkmbnt of the Crop, as indicated by our telegrame
from the South to-night, is given below. For the week ending
this evening (.Mar. 19), the total receipts have reached 49,611
bales, against 64,368 bales last week, 78,451 bales the previous
week, and 102,995 bales three weeks since, making the total
receipts since the 1st of September, 1879, 4,394,350 bales, against
4,05^,533 bales tor the same period of 1878-9, showing an increase
Since September 1, 1879, of 335,738 bales. The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:
New
w'k at
tills
Orleans
Charleston . ......
Port Royal, Ac
OalTOBton
25,836
8,063
4,228
1,202
10,720
3,475
1,665
5,368
4,382
14
4,486
4,105
9,251
6,016
3,211
3,449
132
46
27
118
5,901
10,227
3,196
8,158
138
291
932
8,196
1,385
13,065
1,781
1,144
6,527
1,091
827
381
3G8
49,611
60,202
75,723
32,366
62,933
98
... ......
&o
Tennessee, &o
Indianola,
39
563
North Carolina
Norfolk
City Point, &o
Total this week
...
Total since Sept.
1.
28,749
4,966
2,908
21
3,230
5,518
19,521
4,682
3,668
17,837
3,337
2,191
Mobile
1876.
1877.
1878.
1879.
1880.
speculation in futures was at advancing prices on Saturday
There had been a considerable decline during the previous
three days, and the weather reports from the South, threatening
serious floods, caused a demand to cover contracts and realize
But on Monday and Tuesday
profits from the recent decline.
there was a decline of about 15 points for this crop and seven or
eight for the next crop, under dull accounts from Liverpool and
the burdensome accumulation* of stocks. On Wednesday, without any active cause, except perhaps a steadier closing at Liverpool and the fact that the " short interest" had become quite
large, there were free buyers to cover contracts, and the decline
of the previous two days was fully recovered; but prices again
weakened at the close. Yesterday there was an early advance on
the better accounts from Liverpool, but the close was at a ^slight
The opening this morning was weak, but the close
decline.
steadier, owing to the very small interior movement.
Cotton on
the spot has been comparatively quiet, and on Monday quotations were reduced l-lOc, and continued unchanged, closing with
367
3,166
6,693
66
1,106
7,725
4,742
4,394,256 4,058,522 3,827,988 3,700,652 3,697,761
exports for the
middling uplands quoted at 13 3-lOc,
The total sales for forward delivery for the week are 055,300
free on board.
For immediate delivery the
bales, including
total sales foot
France.
this
Same
Week
Week.
1879.
Total
Continent.
STOCK.
the above,
She official quotations
1880.
1879.
Mar. 13 to
Mar. 19.
31,812
Charl't'n
4,560
2,564
2,134
9,353
4,344
9,872
6,373
88,925
89,678 817,266 579,222
....
Savan'h.
Galv't'n-
N. York.
Norfolk-
....
3,680
8,530
4,466
663
574
6,373
....
56,796
5,007
Other*..
8,240
11,094
6,600
10,590
Tot. this
week..
27,122
lot.slnoe
Sept. 1.. 1800,467 291,724 667,216 2759,407 2828,716
Low
j
;
From
the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a decrease
In the exports this week of 753 bales, while the stocks to-night
are 338,044 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
US the following amounts of cotton on shipboard, not cleared, at
the ports named. We add also similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale &
liambert, 60 Beaver street
AT—
Liverpool.
New Orleans
Mobile
CUarleston
France.
Bavauuah
Galveston
New York
Other ports
Mon Tneai
G'd Mid 13^1
Uidd'g Pair I4I4
Pair
15
Wed
Th.
11916 119,6
111516 1215,,
1238
1238
12=8
1258
1215,8 1215,6
I3I8
131a
135i6 135,8
139,6 139,6
8tr. G'd Mid ISllif I3II16I3II16 1313,8 1313,,
Midd'g Fair 143,g 143,8 143,6 145,6 145,6
l-tl=^16 141513 1415,, 151,6 151,6
Fair
117i8 117,_
111316 lllSie
I2I4
12)4
I2I9
I2I2
Low Midd'g 12i3ie 1213ia'l213i6
13
il3
Str.L'w Mid 13
Middling... 133ia 133i6 133ia
Good Mid.. 137,6 137,6 137i6
Ordln'y.SH) ll''l6
Strict Ord. lli3ie
Good Ord.- 12 J4
8tr. G'd Ord 121a
III4
12
Low Middling
1213i,
12%
12
125 18
Middling
12%
Total.
2,133
1,000
2,419
None.
3,000
214,271
36,170
23.094
9.159
32,054
278,341
74,772
Total
231
59,786
18,050
8,437
32,100
15,632
4,100
11,000
37,504
9,822
149,105
668,161
Sat.. Dull
Mon
.
Dull,ca9'r,ii6 dec
Wed. Firm
Frl,
12%
Fri.
im
12
12
125,6 12=18
12%
SALES.
FtrrnRES.
Con- Spec- Tranport. sump. ul't'n sit. Total.
"I'i
300
11%
Ex-
CIXJSED.
220
150
500
12%
III4
12
125,6
SALES OF SPOT AND TRAN.SIT.
SPOT MARKET
Fri.. Quiet and steady.
500
125,8
MARKET AND
Thurs Quiet and steady.
20,600
3,305
W^ed Tb.
119,,
119,6 119,8
119i,
lliBia'lliJJa 1115i6'lll5,»
1238 |1238
1238 11238
1258
12=8
12=8
1258
121516' 1315i6l315i6'l316ie^
13ie
13 1«
131a 11318
135i6 135,6 135,6 136,8
139i6 1.39,6 139,6 139,8
1313i6 1313i6'l313,6 131Si«
14i>i6 I4016 146,6
145i
I5I1
151,6 1151,6 I5I16
11J4
Stock.
2,253
1,500
1158
12
127,6
mou Tnes Wed Th.
Sat.
fl lb.
Leaving
7,199
4,600
Frl.
116,6
121 16
1238
Good Ordinary
Strict Good Ordinary
Mon, Taes
119,6 119
1115,6 UiSia
1238
1238
1211,, 12=8
1258
131516 131618
1215li 12151, 13
13% 13^8 133,6 I3l8 131a
135,6 135,8
135i6 135io 1338
139,6 1358
139,6
13i5i«13i3ig
3i,
131316 13i3ie 1378
I4616 145,0 1438
145,6 ]146,a
15I10 151,6 15ie
15116 I15116
119,„
Wed Tb.
Frl..
I
Of
show
TEXAS.
Sat.
119,6
12
111°1( 111°16
1238
12716 1238
I21I16 1258
1258
Taes. Dull
not cleared— for
OfK"- CoastPoreign wise.
35.932 14,402
9.150
2,800
6,887
900
10,000
1,000
9,908
None.
3,800
None.
7,000
None.
Sat.
232
376
204
605
474
182
On Shipboard,
19,
ORLEANS.
121316 I213l6 13
13
13
I33ie
133,
133i6 1338
137i6 1359
137i
131116 I3II16 1378
145
143
1438
'J6
1416
14'5is I5I8
Midd'e 1278
L'wMid 13116
Middling... IS"*
Good Mid .. 13i2-
tables
day of the past week:
NEW
ll»8
STAINED.
• The exports this week under the head of " other ports" include, from Baltimore, 5,127 bales to Liverpool from Hoston, 1,1^0 bales to Liverpool from
Philadelphia, 126 bales to Liverpool.
Mae.
sales for each
Ordin'y-^lb 11^
ll''l6
Strict Ord.. ll's
1113l6
Good Ord.- 125i8 124 1214
1213
atr. G'd Ord 129l6 I2I2
8tr.
N. Orl'ns
Mobile..
and
UPLANDS.
Sat. Mou Tnes
for export,
in transit.
The following
04 bales were to arrive.
8tr.
42,825 274,057 236,830
1,900 54,220 36,367
6,955 31,531 10,776
9,102 41,559 27,255
6,731 47,686 28,965
3,106 282,441 186,008
14,968 32,272 15,021
4,041 53,500 29,000
46,028
this week 3,154 bales, including 231
up
3,133 for consumption, 790 for speculation, and
week ending
EXPORTED TO—
Week
ending
Great
Mar. 19. Britain.
XiX.
last.
this evening reach a total of
88,995 bales, of which 56,796 were to Great Britain, 5,007 to
France, and 37,133 to rest of the Continent, whUe the stocks as
made up this evening are now 817,266 bales. Below are the
exports for the week and stocks to-night, and a comparison with
the corresponding period of last season.
The
Vol.
The
'•
Keoelpts
I
232
376
960
669
515
402
696
64
30
790
DeUv-
Sales.
erieg.
112,900
150.700
86.000
126,900
105,400
73,300
3,151 655,200
The daily deliveries given above are actually delivered the
Tious to that on which thev are reported.
30a
30O
1,20a
600
600
700
3,700
day pro -
For forward delivery the sales have reached during the week
655,300 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices
For June
Bales.
Cts.
Bales.
Cts.
For March.
;
Total
82,677
19,102
The following is our usual table showing the movement of
cotton at aU the ports from Sept. 1 to Mar. 13, "the latest mail dates;
BECEIPTS SINCE
SEPT.
Ports.
1879.
1.
1878.
H.Orins 1303,229 1066,619
Mobile. 328,653 335,439
Char'n* 446,787 493,434
Bav'h.. 693,105 654,502
Galv.*
4^9,390 518,821
N.York 162,141 127,644
Florida
19,445
49,374
N. Car.
98.400 126,170
Nort'k* 633,851 482,720
Other.. 229,638 143,597
Ihiayr. 4344,639
•Under theliead
I'OiOt, ftO.
is
Great
Britain.
SEPT. 1
TO—
Stock.
Other
France. Foreign
Total.
614,083 203,943 185,879 1003,905 302,367
6,791 10,830
54,393
72,014 52,813
128,921 16,914 142,325 288,160 37,861
166,607 17,767 188,197 372,571 43,375
172,175 20i964 40,534 233,673 50,245
236,642 18,859 39,735 295,236 285,414
22,668
186,800
161,382
1,479
10,447
4,577
17,570
33,11
192,856
178,952
4,292
31,894
53,250
1743,671286,717 640,094 2670,482 866,511
o* ClufrliaUm is included Port Royal, 4c.; under the head of
Included Indianola, 4o/; under the head ol JSorfoHc is Included Oitr
1
100.
1805
900
800
300
200
13-0«
13-07
18-08
96,300
13-OH
1,200
100 8.n.ietbl:i-10
13-10
1,500
13-11
300
21/0
1312
200
800
13-18
1318
8,200
3998.320 1583.092 368.157 787.789 2739,038 630.207
Liant vear.
goi»M(on
EXPORTED SINCE
|
Cts. 12,900
Bales.
100 s.n. 13th 12-87' 10,000
100 s.n.9lh. 13-00 14.300
13-01
5,700
1,101)
13-IJ2
5,400
1,000
100«.n.l6t.hlS-04
2,700
lOOs.n.a thl3-e4
2,000
13-94
2,400.
goo
For
200
1,300;
1,900
700
4,500
1,200
1,100
2,600
8,900
11,000
8,300
13,000
April.
13-03
13-04
18-05
13-00
13-07
13-08
laoa
13-10
13-11
18-13
13-13
13-14
13-15
13-16
13-17
13- 18
13-19
13-20
13-21
..
13-82
18-28
For May.
100
3,900
8,900
11,900
5,900
14,100
18,300
25.700
26,500
20,700
28,600
19,300
20,700
19,100
13,800
10,100
6,100
8.000
9,100
2,400
265,800
13-24
13-25
13-2«
13-27
13-28
13-29
13-30
13-31
13-32
.13-33
13-34
i3-35
13-36
13-.'J7
18-88
.13-39
13-40
13-41
13-42
13-43
I
1
I
1
Baieii.
600
4,800
9,100
4,000
8,800
13,100.
11,100
17,800
14,100
2\,S00
12,700
10,00 ;l
11,100
9,000
5.800
6,100
2,500
8,400
3,'iOO
4,400
400
Cts.
13-43
13 41
13-45
13-46
13-47
13-48
13-49
13-60
13-51
13-52
13-53
13-54
4,000
4,100
13-84
18-65
1,800
13-6ft
l,ii00
13-67
900
2,000
1,100
.300
900
800
lS-7a
13-73
44,700
18- 56
13-56
13-i7
13-3-s
13-E9
13-80
13-81
13-62
13-08
175,800
For August.
600
2.40(1
.3,800
2,100
1,700
100
5.800
4,400
3,600
6,'iOO
For July.
1,400
3,600
7,300
2,100
1,200
8,300
3.800
2,100
2,600
IS-8»
13-89
13-70
13-71
13-58
IS-W
13-57
18-58
13-69
13-60
13-81
18-62
13-63
1,900
1,700
1,500
900..
1,300
1,000
3,800
lOO
40,500
13-64
13-65
13-«»
lS-67
18-68
13-89
13-70
18-71
13-78
18-7a
13-74
13-75
13-7»
18-77
13-T8
.13-7»
13-80
13-81
I
—
..
MAiicn
13-13
200
7,300
For October.
13-31
13-M
w-ia
1333
1304
I
I
goo
13-38
>
4IX)
IB-IO
13-41
13-42
1
eoo
lOO
The
1.100
12-43
12-44
tiOO
13-85
13-88
lS-37
»»
900
vno
1-4-40
12-4'^
100
500
401).
13SS
800..
tt.VUO
10,600
For December.
For NoTemker.
12-05
12-06
12-07
la-OH
12-09
12-11
12-13]
13-13
12-15
100
70O.
12-4i5
lOO
800
40'
10»
600
ia-49
12-47
12-48
12 49
12-50
12- jl
600
600
200.
I
»00
1,200
8,-.'00
I
ROfl
500
100
KJO
12-TO
1-201
SO.i
100
600
1303
1204
1206
1207
800
600
1209
600
I
100
100
following exchanges hare been
Cl«.
13-16
13-17
18-18
Ilalps.
.
12-.V2
12-53
12-51
.TOO
H'KI
iS-iJH
400
800
100
iOO
600
«00
900
rt
Blilas.
|
lt27
1,000
1,100
THE (CHRONICLE.
20, 1880.]
For September.
cu.
Balea.
l»-:i8
600
18-OM
2.600
I
made during
the
week
-IH prt. to oxch. 100 May for June,
cioh.400 April for Juljr.
The following will show the range of prices paid for futures,
-and the closing bid and asked at 'i o'clock, P. M., on each day in
•31 |)d. to
FxUures
Saturdar-
Mondajr.
Market.
Firmer.
Lower.
For Day.
Hith.
April..
May
...
June...
July...
AuKUSt.
Sept'br.
Uloslng.
Lo*n.
Am
.8/(1.
13 16 -13-13
13-23 13-14
13-13 13-33
13-03 13-.-)2
13-73- 13-02
13-81- 13-70
13-35- 13-31
12-."i0- 12-43
four years, we could not make a comparison in any other way.
That difficulty no longer exists, and we tlierefore make the following comparison, which includes the stocks at the 19 towns
given weekly in our table of interior stocks instead of only the
old 7 towns.
We shall continue this double statement for a
time but finally shall simply substitute the 19 towns for the 7
towns in the preceding table.
Amertean—
1880.
1879.
1878.
1877.
Liverpool Rtock
bales 421,000
Continental stocks
11S,000
Auierioun Mlluat to Europe
53S,110
United States stock
«I7.'20fl
United States Interior stocks.. 281.017
United States exports to-day..
11,000
For Day.
Closlng.
Tueiida7.
Lower.
For Day.
81
13-.10
43
18
^'Rypt, Brazil,
Closing.
But. Alt Hiaft. Low.
Bid. AhI
13-00 0' 13-02-13-01 13-02
13-1
13-12-13-03 13-07 OS
13-36 13-29 13-31 3 13-30-13-25 13-20 27
13-54 13-40 13-49 50 13-48-13-44 13-14 45
13-6-1- 13-60 13-61 62 13-59-13-56 13-56 57
13-73- 13-06 13-69 70 13-68-13-65 13-63 66
13-33- 13-2-^ 13-32 31 13 29-13-26 13-27 29
12-4.5- 12-10 12-44 46 12-45-12-40 12-42 44
12-091208 10 12-09-12-06 12-05 08
12-06- 12-03 12-01
12-0i-12-00 12-00 02
13-05
1310
Uigh.
42
62
73
Low.
—
Tuturee
Wednesday.
Tlinraday.
Friday.
Market.
Higher.
Variable.
Firmer.
For Day.
Ri0^.
.
Closing.
Low,
Bill.
Aik
For Day.
Closing.
i77{7A.
Loit. ma. Afi
10, 13-03 09
13-20 13-13 13-14 15
13-43-13-3;i 13-33 31
13-60-13-51 13-31 5-.i
13-73-13-62 13-63 65
13-80-13-71 13-72 73
3-43-1334 13-35 38
1253-12-47 12-4S 50
12-18-12-11 12-10 12
-12-04 12-03 07
13-10
Steady,
1312-1301 13-11 13 13-11-13
April... 13-18-1307 13-16
-
May... 13-3813-24 13-35 3<1
1358-13-43 13-53 o4
June
. .
July...
August.
Sept...
October
Nov....
Dec*ber
502,000
S.'iH.OOO
601,000
C07.411
140,053
13,000
07it,222
14I.U12
7,0«0
741.000
352,000
304,000
732,110
158.041
15,000
13-65 66
13-74 75
13-38 40
12-31 53
12-14 16
12-09 12
13-13
Steady.
13-69-13-55
3-78-13-64
13-41-13-27
13-55-13-43
12-18-12-05
-
Tr. ord.
Closed
-
—
1
—
For Day.
Closing
Hirth. Low
Btd Akt
1310-1306 13-08 09
-
Total visible supply
—
corresponding week of 1879
statement:
Receipts Shlpm'ts
Stock.
Receipts 8hlpm't«| Stock.
Ga
C'^tumbus, Ga
Macon, Ga
6;:9.000
Montgomery, Ala
Sdm fl,A]a
Memphis, Tenn..
559
739
158
1,480
10,164
..
t
1,200
13-10
Steadv.
739.000
278,000
5.000
26.000
7,000
35.750
.><lii-oveport.
\ icksburg.
936,000 1.154,000 1.328.2.30
121.000
167.000
217,000
692,000 601,000
364.000
16,000
53.000
42.000
579.222
667.411
752,116
87.861
90.527
92,209
7,000
13,000
15,000
10.500
6,500
7,750
194,000
3,000
64.000
13.000
51,750
75.250
10.000
6.750
14,500
415,000
432,250
38,i500
90
189
67
315
529
282
Ga
Atlanta,
Ga
Rome, Ga
Charlotte, N. C.
at. Louis, Mo
Oncimiatl, O....
4,001
8,837
468
13,581
12,938
•2,710
6,892
3,449
103,435
15,412
15,553 138,417
384
300
2,500
2,062
2,030
152
10,624
4,000
2,000
2,335
1,241
10,563
5,837
1,533
71,494
10,097
780
63
154
502
180
6,085
8,976
400
836
571
165
827
537
2,943
2,078
2,442
1,582
14,611
1,000
12,880
6,561
2,571
5,703
2,445
53,176
7,191
12,502
24,937
90,527
300
288
448
611
1.102
2,100
1,710
1,000
2,787
2,543
2,801
281
9,023
523
i
2,9.'>6
244
230
135
637
860
565
4,962
10,221
205
603
244
598
8,801
11,013
1,732
1,009
3,874
1.439
1,247
24,394
7,662
51,085
1.366
1,219
378
Total, new p'rts
16,736
21,674 122,630
21,647
29,554
Total, all
25.855
37,227 281 ,047
34.149
54,491 141,012
Actual count.
This year's rtjiures estimated.
Including 1,000 bales received previously but not counted.
t
;
The above
show that the old interior stocks have tj#week -1,011 bales, and are to-night 67,890 bales
more than at the same period last year. The receipts at the lame
towns have been 3,-383 bales les) than the same week last year.
Receipts from the Plantations. The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are some
times misleading, as they are made tip more largely one year
totals
—
We
than another, at the expense of the interior stocks.
reach,
therefore, a safer conclusion through a comparative statement
like the following
Week
1878.
9..
143.099 121,091 149,486
153.72- 113,«1S 129,480
.
352.000
304.000
752,116
92,209
15,000
6...
IS...
20...
87...
6...,
12...
Total Amerloiin
East Indian, Brazil, <£c.
Uverpool stock
London stock
Continental stocks
India atloat for Eiuwie
Egypt, BiazU, Ac, afloat
2,063,793 2,064,749 2,289,272 2,319,325
Total Ea.st India, &0
Total American
397.371
380,000
454,000
691,230
2,003.793 2,064,749 2,289,272 2,319,225
Total -visible supply
Price Mid. Upl., Liverpool
2,461,164 2.444.749 2,743,272 3,010.375
326.000
26.000
19...
1878.
1880.
165.755 143.155 154,300
16
Feb.
1879.
8..
30...
744'.000
Receipts at the Ports. Stock at Inter'r Ports Rec'pts from Plant*ns
ending—
American —
168,000
9,000
57,000
167,000
53,000
Miss
Columbus, Missl..
Enfaula, Ala
Total visil)lo supply
2,461,164 2,144,749 2,743,272 3.010,573
Of tlic above, tUe totals of Amcricau and otber descriptions are as follows:
502,000
358,000
601,000
667,411
87.801
13,000
La
999
21, '79.
creoied during the
744.563
168.946
538,110
22.862
817,268
138,417
11,000
135.000
62.000
43,000
124,000
16,000
1,138
91
401
134
200
892
Total European stocks ....
India cotton atloat for Europe.
Anier'n cotton atloat for Eur'pe
EgJ-pt.Brazll.&c.aflt forE'r'pe
Stock in United States ports ..
Btock in U. 8. intt-rior ports.. .
United Strtcs exports to-day..
432.000
264,000
692,000
579.222
90.527
7,000
•
866
474
Dallas, Texas. ...
Jefferson, Texf..
307,000
157,000
29,904
18,659
168,946
22,862
out in detail in the following
Week ending Mar.
9,119
136,659
421,000
118.000
538,110
817.266
153.417
11,000
is set
19, '80.
Total, old ports.
Total continental ports
I^lverpool stock
Continental stocks
Anierie:in;illoat for Europe. ...
United Htutes stock
United .States interior stocks..
Cnlted^tates exports to-day..
—
Week endmg Mar.
Nashville, Tenn..
—
3,541
420
124,000
16,000
326,000
28,000
80,230
217,000
42,000
2,583,794 2,495,834 2,802,064 3,076,407
65
73
39
51
1213-12-11 12-11 13
12-09-12-04 12 06 08
13-33
13 52
13-64
13-72
13-37
13-52-1219 12-19
170.000
2.000
42,750
4.500
25.500
43.750
8.750
3.750
6,000
Btock at Amsterdam
Stock at Rotterdam
Btock at Antwerp
Stock at other cuuti'ntal ports.
168.000
9.000
57,000
107,000
53,000
43,(H)0
These figures indicate an inereme in the cotton in sight to-night
of 87,900 bales as compared with the same date of 1879. a
decrease of 318,270 bales a.s compared with the corresponding date
of 1878, and a decrease of 492,613 bales as compared with 1877.
At the Intehior Ports the movement that is the receipta
and shipments for the week, and stocks to-night, and for the
34
13-38-13-31
13-54-13-48
13-65-13-39
13-74-13-70
13-40-13-33
•
607.9»4
52,700
2,130
27.128
3.000
16.620
28,600
2,520
135,000
62,000
397,371
350,000 454,000 601250
2,186,423 2,115,854 2,348,064 2,385,157
5,703
:l,426
13-19-13-1-J 13-15
Thb Visible Supply of Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain ar.d the afloat
lor the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (Mar. 19), we add the item of
•exports from the United States, including in it the exports of
Friday only.
1879.
1878.
1880.
1877.
567,000
730,000 1,070,000
57S.000
Ptockat Liverpool
bales
62,000
9.000
29.904
26,000
Brookat London
.
157,000
20,004
18.659
168,946
22,862
Total East India, <tc
Total American
Griflin,
Total Oreat Britain stock
Btook at Havre
Sloek at Marseilles
Stock at Barcelona
Stork at Hamhurg
Stock at Bremen.
2,186,423 2,115,834 2,348,064 2,385,157
afloat
<&c.,
.\iigusta.
March
432,000
264,000
092.000
Barely steady
Ste-cXly
.
Total American
Etut Indian, Brazil, <te.—
Liverpool stock
Ix>ndonBtock
Cuntlnuntul stocks
India anoat for Europe
1309 13-05
22 1317 1310
13-16
13-21
13-41
13-61
13-72
13-80
12-51Ty
12-13 16
J^ov'ber 12-1012-09 12
Dcc'ber 12-0913-20
Tr. ord.
Finn.
Closed
October
301
I
the past week.
March
—
.
:
161.050 148,948 168,280
159.186 187,097 137,191
137.138 171,608 112,363
120,000 150,841 119.864
109,736 1»4,328 115.30'
90,947
83,266
78.451
78,4<.I0
64.368
49.611
60.202
1880.
133,362 164,790 108.390
112.486 127,489 107.918
103,318 125.809 94.41t
78,699 98,839 98.883
78,477 78,44- •4,7S8
69.435 72,289 51.0SS
52,740 42.»96 40.663
94,349 110,04- 102.995
82,264
75,728
1879.
157.118 130.508 145.383
185,153 86.104 148,408
154,814 93,208 138,013
168,683 133,097 173.971
161,667
0,447 140,997
The above statement shows
0»4d.
1. That the total receipts from the plantations since Sept. 1 in
1879-80 were 4,667,996 bales; in 1878-79 were 4,194,482 bales; in
1877-78 were 3,958,159 bales.
2. That although the receipts at the out ports the past week
were 49,611 bales, the actual movement from plantations was
only 40,602 bales, the balance being drawn from stocks at the
interior ports.
Liast year the receipts from the plantations for the
same week were 42,396 bales, and for 1878 they were 52,740 bales.
figures indicate an increase in the cotton in sight tonight of 10,415 bales as compared with the same date of 1879,
8 decrease of "^82,108 bales as compared with the corresponding
date of 1878. and a decreaji« of 5-19,411 bales as compared with 1877.
In the jireceding visible supply table we have heretofore only
included the interior stocks at the 7 original interior towns.
As we did not have the record of the new interior towns for the
Weather Reports by Telegraph. The past week has been
Floods are reported along the Missisa rainy one in the South.
sippi and in Alabama, but it is so early that they are not likely to
affect cotton planting.
A severe snow storm in Texas, with ice
and sleet, has cut down what little cotton was up and done probably great harm to the corn crop.
Oalttiton, Texas.
have had good showers on five days tU
The above
75i,3d.
S^sd.
6d.
«0,2,")0
217.000
42,000
—
— We
..
THE (JHRONICLE.
302
past week, the rainfall aggregating one inch and twenty-two
The weather has been too cold, but locally no
hundred'hs.
Throughout the rest of the
serious damage has been done.
State much damage is feared, as there have been sleet, snow and
The thermometer has averaged 53, the highest being 74 and
ice.
the lowest 37.
Indianola, Texas. There have been drizzles on four days, the
—
Tainfall reachingseventy-sevenUundredthsof an inch, and killing
Much damage has been done. All cotton
frosts on three nights.
above ground is killed, and corn is killed to the ground, but it is
thought will sprout again from the root. Average thermometer
53,
highest 74. and lowest 82.
—
Conicana, Texas. We have had sprinkles on three days of the
week, with a rainfall of thirty-seven hundredths of an inch.
There have been killing frosts on ihree nights, sleet on one and
snow on one, and ice formed in this vicinity on two nights. There
is no cotton up to be hurt, but corn is supposed to be killed.
Qardeos killed and fruit injured. Oats and wheat thought to be
iverage thermometer 39, highest 70, and lowest 25.
unhurt,
It has rained (drizzles) on three days during
Dallas, Texas.
the week, the rainfall reaching twenty-five hundredths of an
We have bad killing frosts on three nights and ice on
inch.
two nights. Snow has fallen to a depth of four inches, one of
fVoL.
Mar. 19,
XXX.
Mar. 20, 79.
Feet. Inch.
'80.
Feet. Inch.
New
Below high-water mark .
2
6
2.
Above low-water mark... 33
11
21
S
Nashville
Above low- water mark.
46
11
O
Shrevcport
Above low-water luarfc... 19
2
O
8
Above low-water mark.
Mlseing.
Vickaburc
28
O
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of &auge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871, or 16 feet above low-water mark at that point.
Orleans
Memplils
.
.
—
Consumption of Cotton in America. In our editorial colwill be found an article on this subject which will
be of interest to our readers.
umns to-day
Spinners' Takings in Europe.
—We have made
arrangements
accordance with which we expect shortly to receive each
week, by cable, the weekly takings of spinners in Great Britain
and on the Continent. All the information on this point which
comes over the wire now relates simply to Liverpool.
shall extend the same information to London and to the ConThis new service will keep the trade acquainted with
tinent.
the heaviest snow storms ever known at this season of the year. the weekly progress in spinners' takings and stock, which,
Corn and gardens killed and fruit greatly injured. As to wheat starting with the present monthly statements, will afforfl the
and oats, accounts from the interior are conflicting, but it is trade a very important piece of information that has long been
hoped that no serious injury has resulted. Farm work not yet
needed.
resumed. The thermometer has ranged from 25 to 70, averaging 39.
GuNNT Bags, Baoqino, Etc. Bag^ng continues quiet, an^
Brenham, Texas. It has rained hard on three days, the rain- few parcels are being taken. We hear of only a few hundred
There have been killing frosts on two rolls in all, of various weights, for small orders. The market
fall reaching one inch.
nights and ice formed on one night. All cotton up and killed is very steady, and holders are rather firmer than at our last
Corn killed to the ground, but there are hopes that it 1% lbs is held at lO^c, 2 lbs. at lie., while for standard
ontright.
Gardens killed and fruit greatly injured, and grades ll?ic. is quoted. Butts have been taken in moderate
will sprout again.
much replanting of all sorts will be necessary. Average ther- lots, but the speculative inquiry is quiet. The transactions foot
mometer 40, highest 72 and lowest 32.
up 3,000 bales, for which full figures were paid. At the close,
New Orleans, Xotitsiano.— Rain has fallen on six days during dealers are firm, and quotations are 3%@3J6c. for paper quality
the week to a depth of one inch and ninety-one hundredths. and 3/^@3%c. for spinning qualities.
The thermometer has averaged 67.
Comparative Port Receipts and Daily Crop Movement.
The weather during the week has
Shrevepor.t, Louisiana.
A comparison of the port movement by weeks is not accurate,
Ijeen cloudy and rainy and roads are in a very bad condition from
repeated rains. The thermometer has averaged 46, the highest ae the weeks in different years do not end on the same day of the
being 58 and the lowest 34, The rainfall is three inches and month.
We have consequently added to our other standing
forty-one hundredths.
tables a daily and monthly statement, that the reader may conVieksburg, Mississippi. Telegram not received.
stantly have before him the data for seeing the exact relative
Columbus, Mississippi. Telegram not received.
movement for the years named. First we give the receipts at
We have had more or less rain every each port each day of the week ending to-night,
Little Bock, Arkansas.
week
and
some sleet on Monday. The thermoday of the past
PORT RECEIPTS FROM SATCRDAT, MAR. 13, '80, TO FRIDAY, MAR. 19, '80.
meter has ranged from 29 to 47, averaging 38, and the rainfall
has reached one inch and twenty-three hundredths.
D'ys New
WilMo- Char- Savan- GalNorAll
It has rained on five days of the week,
Nashville, Tennessee.
bile. leston.
nah. vest'u. folk. ming- others. Total.
ton.
the rainfall reaching five inches and seven hundredths. The we'i leans.
thermometer has averaged 40, the highest being 55 and the low- Sat. 1,380
227
602 1,238 1,383 1,499
85 1,293
7,707
est 34.
Uon 6,535 1,105
505 1,385 1,298 1,381
10 1,216 13,435
Memphis, Tennessee. During the week just closed we had rain Tuee 3,103
232
193
530
312 1,881
48 1,112
7,411
on six days, the rainfall reaching four inches and seventy-seven Wed 2,146
504 1,034
677
430
996
22
801
6,6eo
hundredths. Average thermometer 38, highest 47 and lowest 30.
Thur 1,032
111
370
534
711
280
40 1,072
4,150
are in the midst of a disastrous overflow, the river being
Frl.. 3,641
983
341
351 2,121
508
79 2,222 10,248
forty-six feet above low water mark.
No ploughing yet, not
even for corn. Last week it rained on five days, with a rainfall rot. 17,837 3.337 2,491 5,36e 4,382 8,I9G
284 7,716 49,611
of two and forty -hundredths inches. The thermometer averaged
adding
By
to
the
totals
February
29
the
daily receipts
to
62 and ranged from 43 to 73. During the week ending March 5
we had rain on six days, and a rainfall of threa and sixty-three since that time, we shall be able to reach an exact comparison
hundredths inches. Average thermometer 55, highest 70 and of the movement for the different years.
lowest 33.
1879-80. 1878-79. 1877-78. 1876-77. 1875-76. 1874-75.
Mobile, Alabama. It has rained severely on three days, been
showery two days and cloudy the balance of the week, the rainrot.Fb.29 4,215,929 3,836,564 3,561,300 3,551,655 3,457,551 2,931,051
fall reaching three inches and fourteen hundredths.
We are Mar.l.... 16,279 10,547 17,754
7,84i
8,903
6,325
having too much rain, though no serions damage has yet been
" 2....
12.171
12,51f8.
9,868
9,782
10,947
done. The thermometer has averaged 6b, with an extreme
" 3....
12,432
12,817
14.779
19,62S
S.
4,507
range of 39 to 77,
" 4....
10,056
10,411
19,653
32,985
S.
10,928
Montgomery, Alabama. It has rained on six days the past
" 5....
13,404
8.
17,175
10,617
7,947
8,531
week, the rainfall reaching five inches and thirty-four hun6...
9,829
19,134
9,860
9,746
6,678
9,240
dredths. The thermometer has ranged from 39 ti 83, averaging
" 7...
S.
15,922
8,722
8.
15,631
8,873
The tributary rivers are overflowing and still .rising at this
69.
in
—
We
—
—
—
—
—
—
—
—
—
We
—
—
point.
Selma, Alabama.— 'R&in has fallen during the past wepk on
three days. Great floods prevail.
Madison, Florida.— 'Ra.in has fallen during the week on thri-e
days.
The thermometer has averaged 14, the highest being 89,
and the lowest 55. Planting is making good progress.
Macon, Georgia.
have had rain on five days, with a rainfall for the week of two inches and eighteen hundredths.
Average thermometer 58, highest 72 and lowest 39.
Columbus, Georgia. ^It has rained on four days the past week,
the rainfall reaching five inches and sixteen hundredths. The
thermometer has ranged from 42 to 70, averaging 61.
Savannah, Georgia. It has rained on four days, but the balance of the week has been pleasant. The thermometer has
ranged from 53 to 83, averaging 66.
Augusta, Georgia.— We have had heavy and general rains
every day this week, interfering with planters' operations considerably, but at the close there is a favorable change in the
weather, 'i he thermometer has averaged 57, ranging from 43 to
The rainfall is two inches and eighty-one hundredths.
73.
Charleston, South Carolina. — It has rained during the past
week on two days, the rainfall reaching twenty-two hundredths
of an inch. Average thermometer 63, highest 79 and lowest -jO
The icliowing statement we have also received by telegraph
showing the height of the rivers at the points named at 3 o'clock
Mm. 1», 1880, and Mar. 20, 1879.
— We
—
—
<•
8....
"
9....
" 10....
" 11....
" 12....
"13....
16,415
6,724
6,711
10,944
13,745
7,707
" 14....
S.
" 15....
• 16.-..
13,435
7,411
6,660
4,150
10,248
" 17....
" 18....
" 19....
rot*i
12,430
8.
18,764
14,887
8.298
10,311
13,767
12,300
8,728
8.
6,561
16,228
8,473
8.
19,179
11,187
14,234
13,992
14,641
11,210
12,019
7,453
8,718
8.
8,017
6,758
7,692
6,341
4,227
18,579
16,441
7,229
7,531
8.
15,674
6,387
10,361
8,451
8.391
8.
17.597
11,286
11,015
6,372
9,628
10,121
8.
8.
13,681
12,118
9,217
12,365
9,263
7,845
8.
.14,581
5,923
7,439
7,989
8,265
4,394.250 4,031,041 3,798,495 3,676,177 3,643,293 3,107,181
Peroentag e of tota'
p'rtreo'i) tsMar. 19
90-70
87-40
91-04
86-93
88-85
This statement shows that the receipts since Sept. 1 up to
to-night are now 380,209 bales more than they were to the same
day of the month in 1879, and 595,755 bales more thaa they
were to the same day of the month in 1878. We add to the last
table the percentages of total port receipts which had been
received to Mar. 19 in each of the years named.
—
India Cotton Movement fro.m all, Ports. The figures
which are now collected for us, and forwarded by cable each
Friday, of the shipments from Calcutta, Madras, Tuticorin, Car-
.
.
Mahob
THE CHRONICLE.
20, 1S80,]
war, &c. enable us, in connection witU our previously-received
report from Bombay, to furnisli our readers with a full and
first give the
complete India movement for each week.
Bombay statement for the week and year, bringing the figures
,
We
down to March 18.
UUMBAT RECEirrS AND
week
Bhipiuenta this
Year Great ContiBrlt'n.
nent.
1880
6,000
1879 7,6<)6 20,000
1878 19,000 14,000
1877 6,000 22,000
SIiri'MENTg
FOR POUR
Shipments since Jan.
Great
Total. Britain.
1.
311.000
184,000 43,000
123,000,19.000
245,000 35.000
217,000,55,000
Year.
Great
Britain.
3tit),000
1880
1879
1878
1877
Total.
2,000
1,000
2,000
13,000
10,000
3,000
6.000
11,000
9,000
1,000
6,000
Great
Continent.
Britain.
30,000
41,000
14,000
36,000
1.
Total,
8,000
22,000
21,000
6,000
38,000
63,000
35,000
42,000
The above totals for this week show that the movement from
the ports other than Bombay is 3,000 bales more than same week
For the whole of India, therefore, the total
of last year.
shipments this week and since January 1, 1880, and for the
corresponding weeks and periods of the two previous years, are
«8 follows.
EXPORTS TO EUROPE PROU
AIX, INDIA,
1878.
1879.
1880V
Shipments
to all Europe
This
week.
Slnoe
Jan. 1.
This
week.
Since
Jan. 1.
This
week.
Slnoe
Jan. 1.
6,000
13,000
181,000
38,000
27,000
10,000
123,000
63,000
33,000
3,000
245,000
35,000
19,000
222,000
37,000
186,000
36,000
280,000
Bombay
All other ports.
Total
This last statement affords a very interesting comparison of the
movement for the week ending March 18, and for the three
years up to date, at all India ports.
total
Albxandbia Receipts and Shipments.—Through arrangements we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we shall hereafter receive a weekly
cable of the movements of cotton at Alexandria, Egypt. The
following are the receipts and shipments the past week and for
the corresponding weeks of the previous two years.
Alexandria, Egj-pt,
1880.
18.
Rooeipts (cantars')—
This week
Since Sept. 1
1879.
5,000
3,190,000
1878.
Liverpool t
TO Contiuent
Tin
*
t
10,000
1,524,000
15,000
2,505,000
10,451
1,103
663
19,522
10,591
537
535 21,742
39 13,037
13,325
2,202
"ioo
2,324
635
37,103
16,162
100
Bromcn and Hanover
627
213
834
500
Other ports
Europe
ToTAi, TO North,
845
637
1,334
574
Spain, Op'rto, Glbralt'r,&c
All other
8,206
Total Spain, 4c
3,206
5,610
5,610
Grand Total
8,168'l4,815 7,772 10,590 305,826 221,087
The Following are the Receipts of Cotton at New York,
Boston, Philadelphia and Baltimore for the past week, and since
September
1,
1879:
New
Receipts
Boston.
York.
Philadelphia.
Baltimore.
This
Since
This
Since
ThU Since This Since
week. jSept. 1. week. Sept. 1. week. Sept.l. week. Sept. 1.
from—
1
N. Orl'ans
2..500;
Texas.-..
1,154
138,571
89,510
203 173,677
Savannah
Mobile...
Florida
557
'.'.'.'..'.
23,515
2,869
35,595
'.'.'.'..'.
5.566
669 103,085
S.Car'liua
NCau'llua
405, 38,702
Virginia.. 4,2401188,737
5,922
North, pts
88i
Teun., &o. 3,810 165,951
Foreign
2,725
50|
.
31
1,877
"i'ii
i',296
5,279
2,575
14,735
"
31
49,914
'65
8',951
"96
"
9,469
44,328
2,240 124,247
3,703 130,126
"826
7,764 362,031
2,815 77,945
474 152,592
Last year. 15,831 725,223!lO,947l247,304
4,433 65,908
2,224 130,142
384 68,796
462
i',233
15,000
5is',29i
We
—
Shipping News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
103,381 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chboniclb last Friday.
With regard to New York, we
include the manifests of all vessels cleared up to Wednesda/
night of this week.
Total bales.
New York—To Liverpool, per steamers Egypt, 1,000 City
of
Biohmond, 1,074.... Celtic, 1,422.... Algeria, 449
per bark Itfaggie Miller, 3,991
Arizona, 1,414
perl)arli Liz/.io Perry, 2,165
To Roucii, per steamer Boadicoa, 1,197
To Eevui, per sliip Lizzie Moses, 5,050
2,269.
.":..
5,000 193,000
6,000 347,000
To Havre, per bark Saguenay, 2,243 Upland and 20 Sea
Britain to-day,
made up on
—Our report received from Manchester
states that prices of twists
is
inactive
for
twists
99 Sea Island
Island
To Bremen, per steamer Nio, 4,356 Upland
To Amstei-daui per barli Tiieodor, 1 ,301 Upland
To Croustadt, per baik Rutii, 1,865 Upland
To Baroeloua, i)er hark Marie Teresa, 9.S2 Upland
Texas—To Liveri)ooi, per ship Zephyr, 4,376
per
1879-80.
d
JanT.l6 10'2®10''8
" 23
30 lOijj^ll
Feby. 6 11 ®113i
13H»eail%
20 11i2»12>s
2711138312
5 1138312
12 1114®11%
ail's
1878-79.
8I4 lbs.
Shirtings.
d.
s.
lis®8
3
3
3
6
d.
Mid.
328 Cop.
Uplds
Twist.
d.
413
as 6
®8 6
®8 6
®8
•as
®8
®8
Ojtt'n
6
9
9
9
9
9
9
6 -38 3
4h-a>a 3
d.
d.
7783858
7
7'8'3i8i9
73i®8'2
7U
7%®8'i
71s
733
758®8ia
7l2®838
7hi-ai8H
738
733
7M
738®8ie
7383818
7»8»8»4
8>4 lbs.
Shirtings.
d.
s.
71437
71337
6 ®7
6 ®7
6 '37
4I337
3 ®7
lis®7
-37
3
®7
Cotfu
Mid.
Uplds
d.
d.
71s
7I2
538
6
5^9
5%
712
71a
71s
538
538
6
538
41s
3
41s
The Exports of Cotton from New York this week show an
increase, as compared with last week, the total reaching 10,590
bales against 7,772 bales last week.
Below we give our usual
table showing the exports of cotton from New York, and their
1,868
4,200
3,499
3,057
982
bark
Herbert, 4,717
^
To Havre, per bark Zclos, 1,200
To Bremen, per bark Tailored, 1,644
To Amsterdam, per bark Lufra, 1,630
To Croustadt, per barks Dux, 1,320. ...Brcldabllk, 1,250
Wil.mingto.n—To Croustadt, per bark Elone, 2,020
Nokfolk—To Liverpool, per bark Hilda, 2,462
B.VLTIMORK— To Liverpool, per steamers Sardinian (additional),
1,053, and 60 Ijags Sea Island... Moravian, 1.018
Boston—To Liverpool, per steamers Istrian, 282
Palestine,
934. .Iberian, 992. .Olympus, 206
PniLADELPiiiA—To Liverpool, per steamer British Crown, 1,248.
. .
Total
9,093
1,200
1,644
1,630
2,570
2,020
2,402
2,131
2,414
1,243
102,384
The
particulars of these shipments, arranged ia oar usual
form, are as follows-.
Bremen
Havre
and
and
Am- Kevaldc
Ham-
ster-
Cron-
Rouen. burg.
New York., 9,353
663
574
Orleans.
N.
.15,015 13,071
dam.
stadt.
Liverpool.
Charleston
Port Royal.. 3,499
Savannah .
3,057
•Texas
9,093
1,868
,
,
Barce- Vera
lona. Cruz.
12,714
4,200
Total.
10,590
1.191 41.991
6,068
3,49a
13,824
16,1ST
2,0«O
2.462
2,131
2,414
1,248
2,263
1,200
4,356 1,301 1,865
1,644 1,630 2,570
2,020
982
TotaUt. .48,272 19,063
6,574 2,931 23,369
032 1,101 1Q2,384>
.
539
5»i«
7,319
5,395
1,191
2,263
4,356
1,301
1,865
,
. .
Twist.
11,874
1,197
ber bark Ergo,
2,750 412.248
weeks' for comparison.
32s Cop.
9,353
To Havre, per sto.imer Amerique, 663
663
To Bremen, per steamer Rheiu, 535
535
To Hamburg, per steamer Silesia, 39
39
New ORt.KANS—To Liverpool, per ship Gleneairn, 4,582 per
barks L L. Skolileld, 5,533.... Siberia, 4.900
15,015
To Havre, per steamer Stag, 4,859
per ship Thos. Lord,
5,000 209.000
1,000 138,000
and shirtings are
and nominal for
give to-day's prices below, and leave previous
19)
This year. 13,119912,380
5,000 139,000
59,000
lower, and the market
19 11
19,522
267,750
2,000 144,498
Manchestkh Market.
Har.
663
wecJ{. Sept. 1.
Since
This statement shows that the receipts for the week ending
Mar. 18 were 5,000 cantars, and the shipments to all Europe
3,750 bales.
•
1,103
Other French ports
This
Since
week. Sept. 1.
This
ooiTectioua.
d.
17.
9,353 230,289 184,452
6,700
4,312
This
Since
week. Sept. 1.
A cantar is 98 lbs.
We ailil 17,000 bales to exports to Great
shirtings.
10.
7,135
Total to period
date. prevl'iu
year.
To C'ronstadt, per barks Uno, 2,187
Lincoln, 3,208
Te Vera Cruz, per steamer City of Mexico, 1,191
CiiAHLESTON—To Havre, per bark Helen Sands, 1,792 Upland
and 70 Sea Island
To Reval, per steamer Irene Morrii, 4,200 Upland
PoKT Royal— To Liverpool, per ship Theresc, 3,499 Upland
Savannah—To Liverpool, per ship Missouri, 2,958 Upland and
7.50
Europe
to-day (Mar.
3.
Mch.
GREAT BRITAIN 7,323 12,378 7,136 0.353 245,995 188.764
4,850
Exports (bales)—
Tot.al
25.
Same
Mch.
.
from—
March
1879.
1,
332,000
Shipments slnoe Jamiary
Contlucat.
Mch.
2o:i,ooo
According to the foregoinff, Bombay appears to show an increase
compared with last year in the week's receipts of 24,000 bales, and
a decrease in shipments of 21,000 bales, and the shipments cince
January 1 show an increase of 61,000 bales. The movement at
Calcutta, Madras, Tuticorin, Car war, &o., for the same week and
yeais has been as follows.
CALCUTTA, MADRAS, TUTICORIN, OARWAR, RANGOON AND KDRRACHBE.
Shipments this week.
Feb.
other British ports
TOT.VL to
6,000 72.000 1 1 2,000
27,000 .-13.000 70.000
33,000 98,000 147.000
28,000 120,000 97,000
since Beit.
Week ending—
7,323 12,378
Since
Jan. 1.
Week.
New York
Exports OF Cotton (bales) from
Receipts.
)
Total.
direction, for each of the last four weeks; also the total exports
and direction since Hept. 1, 1870, and in the last column the total
for the same period of the priivious year.
Exported to-
'KEAUS.
Tills
Continent.
303
Wilmington
2,462
Baltimore... 2,131
Boston
2,414
FhUadelphIa 1,248
Noi-folk
—
.
:
THE CHRONICLE.
304
Belovr we give all news received to date of disasters to vessels
oarrying cotton from United States ports, etc.;
MOSTASA, st«amer (4,321 tons
gross, built of Iron, belonging to tbo
Guion Line), Captain Gadd, from Now York March 2d via Ci'iepna12lh, of and for Liverpool, with a cargo including l.io"
at .1 A.
b.-ilos cotton, struck on the rocks in Cooks Bay, Holyhcaa,
M. of the 13th, oompartmonts forward of the engine tlUert with
loss.
total
a
become
w.iter and it was feared that she would
ami
Pas-xcngers, malls and crow were landed the same morning
the
on
down
settled
forwarded to Liverpool. On the 15th she had
rocks and her taffrail w.is covered at high water. The salvage was
under
which
are
proceeding. The vessel lay heavily on the rocks,
tier boilers.
...
„„^
*eo.
Obator. steamer (Br.). Corbiahley, from New Orleans at Liverpool
loth to
2(i, reported encountered a heavy gale lasting from the
sustained
and
IStli, during which shipped a (piantity of water
the
considerable damage. She was in collision night of Feb. 2() in
Mersey with the Ringleader, from Peruambuco; damage to steamer
town
,
,
Castle, arrived
steamer (Br).The British steamer Alnwick
at Liverpool March 3, with cargo ex-British steamer William
Burkitt, from Savannah for Roval, before reported.
Dbvonbiiiue, ship, (Br.), at Liverpool Feb. 25 from New Orleans, during a gale on 13th lost rudder stock, foresail and main lower topsallyard.
_j.
„
t.. v
io
lYT, ship, Lowell, at Havre Feb. 24 from New Orleans, reports FeK 12,
S. W. to
lat' 42 35 N. Ion. 35 55 W. encountered aTtciTlHc gale from
ship
the
giving
W., lasting 18 hours, during which shifted cargo,
a had list to port twisted rudder head, stove cabin, wheelhonss,
poop and locker doors, washing away most of the stores and everything moveable about decks; several sails were blown from the
gasgets and portions blown away sprung topsail yards, &c.
23
JOHN MuRfiiY, sliip (Br.), Murphy, which anived at Havre Feb.ana
from New Orleans, lost her main and mizzentopgallant masts
Wm. Blukht,
,
:
;
;
ship, Bunker, loading at New Orleans, was di.scovered to be on Are A. M. of March 11, supposed to have been
communicated by a spark from a passing steamboat. The Are was
cvtiiiguished. Seven bales of cotton were damaged by the Are.
Pkikceton, ship, Bradley, which arrived at Liverpool Feb. 18 from
Savannah, reported that on the passage which was one of the
roughest Captain Bradley ever experieneed), when about 100
miles from Cape Clear, the ship was caught in a cyclone, which
lasted for 6 hours. During that entire time the vessel was on her
beam ends, with Ave feet of water iu her hold. Wheu she arrived
at Liverpool, however, she was found to be perfectly tight.
John E. Chase, bark, Huutley, from Charleston for Havre, put into Lisbon March 9. with loss of rudder head.
Themis, bark Br.), Jordan, from Savannah Dec. 31 for Bremen, was
spoken no date) 30 miles west of Cape St. Vincent, with rudder
Maecia g'reexleaf,
(
(
(
lirokcn and short of provisions.
COWES. Feb. 27— A quantity of wreckage was passed on the 15th inst.,
300 miles west of Cape Clear, by the Enoch Train from New
Orleans, at this port. Some bales of cotton were passed some days
[Vol.
XXX.
Monday.
Delivery.
Mar
Delirery.
il.
May-June
73i6
Mar.-Apr
Apr.-May
June-July
July-Aug
Aug.-Sept
Oot.-Nov
7».')2
7832® "4
May-June
75ig
71I32
Juno-July
Mar
7%
7l'j2 May-June
7% June-July
July- Aug
Aug. -Sept
Mar.-Apr
Delivery.
d.
7»3j
76,8
7'l32
Apr.-May
May-June
I'f,
July-Aug
63ijg
7932
Sept.-Oct
Mar.-Ai)r
773 j
714
7932
7Big
75i8
7616
June-.Tuly
IH
d.
73] g
Aug.-Sept
7932
i
Tuesday.
7J4
Mar
Oot.-Nov
Mar.-Apr
62932
7"33
73i6®H2 Mar
Mar.-Apr
Apr.-May
Delivery.
Delivery.
Delivery.
7»i6®5.i2
May June... .77.i2»3i6
7i4®''32
June-July
Mar.-Apr
Apr.-May
7%
7%
May-June
7032
7»33a'4
June-July
Aug.-Sept
Oct.-Nov
T^w
Apr.-May
7932
6^8
June-July
Aug.-Sept
July-Aug
Aug.-Sept
75i«
7»3j®'4
Bept.-Oct
75,2
73ig
73i6
7i8
7'33
7833
7733
714
May-June
Mar
Mar.-Apr
Mar
Wednesday.
Delivery.
DeHvery.
V3i8®532
Mar
7l8®S33
Mar.-Apr
Apr.-May.. 7i8®332®%
Oct.-Nov
Mar.-Apr
June-July
July-Aug
7%
May-June
Sept.-Oct
June-July.. ..7'ia®^.ij
July-Aug
7732®3l6
7332® '4
Aug.-Sept
Sept.-Oct
73i6
Mar
Apr.-May
Apr.-May
May-June.
Mar.-Apr
Apr.-May
73i8
7'i6
May-June
7732
June-July .7i4®''32®'4
73i8
7732
7732
73|3
Oct.-Nov
e's*'
Mar
773a
73ig
773a
7933
Mar.-Apr
May-Juue
July-Aug
7»32®^18
Delivery.
7733
...:... 714
June-July
7»32
71I33
July-Aug
Aug.-Sept
July-Aug. 7832®'4®832
Aug.-Sept
7^i»
Apr.-May
May-June
June-July
Aug.-Sept
75] g
Mar
75ig
Mar.-Apr
Apr.-May
May -June
June-July
July-Aug
7113a
75ig
7'4
7933
Sept.-Oct
7933
7933
Mar
July-Ang
Delivery.
TU
Sopt.-Oot
714
714
June-July
1^
May-June
T^n
Thursday.
Dehviry.
Mar
Delivery.
62732
73a
7732®
14
7932
75 1«
71I33
73g
I
fkidat.
DMvery.
Delivery.
Delivery.
7^42 'is
Mar.-Apr .73io®i4®932
July-Aug... .75jn®ii33
Aug.-Sept ... .71132®%
Apr.-Mjiy
Sept.-Oct
Mar
-73i6®'4
.7'4®9,2
1 . . .
May-June
June-July
.
.
7^15
7932
7°i8
April-May
®&16®"32
7932^^)6
May-June
June-July
Juljy-Aug
Sept.-Oct
71I32
738
71I32
Oct.-Nov
7
Sept.-Oct
75ig
previous.
CJotton freights the past
Satur.
Llveriiool,
steam
8ail...(f.
Havre, steam
sail
Bo
732® I4
3l«
Sg®...'
»18
"s®...'
»18
Sg®...'
5a®...'
58®...*
%•
hi
»3
58*
58*
733®**
58®-.-'
c.
58®...'
H
=8
steam.!;.
gail.-.c.
steam
rf.
sail
(/.
58*
I3
l-i
•a
c.
58®...'
58®...'
•a
hi
58
58
Bail...<;.
Do
*
733® I4
= 18
e.
sail
Amst'd'm,
Bo
733314
.c.
Hamburg, steam
Baltic,
732^14
FrL
Wednes. Thurs.
Tues.
3l6
e.
Bremen, steam,
Do
Mon.
BRE ADSTUPFS.
as follows:
FRIDAY. P. M., M.^rch 19, 1880.
market has been quiet, and prices somewhat
depressed in the past week still, the decline has not been important. The demand for extreme low grades for shipment to
the British Provinces has fallen oflf materially, and the demand
from Europe has not been urgent. With the opening of
Spring, and a rise in the streams, the production of flour will
probably increase. The close to-day wis quite depressed. Rye
flour and corn meal about steady.
The wheat market has been quite variable in tone and prices.
There has been a moderate export and milling demand, with
The
flour
;
Do
Do
732® 14
d.
week have been
=8
...®...
...®....
58®...'
hi
«8
»...
...®...
...®...
...®.
7i6®l»32 7,g®lB3j 7i,®153„
...®.
...®...
...®.
Tie® 1032
..
Compressed.
Liverpool.
—By cable from Liverpoo', we have
the following
sta'ement of the week's sales, stocks, &c., at that port:
Feb. 27.
week
Forwarded
Sales American
Of which exporters took
Of which speculators took..
bales.
Bale* of the
Mar. 5
Mar. 12.
42.000
13,000
31,000
4,000
2.000
511,000
382,000
105,000
78,000
8,000
304,000
252,000
42,000
18,000
32,000
7,000
4,000
521,000
386,000
65,000
45,000
6.000
334,000
284,000
45,000
] 4.000
33.000
4,000
5,000
576,000
429,000
109,000
87,000
5.000
313,000
230,000
7%
76l8
76l6
Mar. 19.
31.000
22.000
25,000
3,000
1.000
578.000
421.000
55,000
31,000
4,000
345.000
264,000
speculation quite active at times.
plus will all be needed by the
The mdicatisns that our surWest of Europe before the
marketing the next crop gave much
confidence to holders ; but the publication of estimates of a
greatly-increased yield from the growing crop of Winter wheat
had a depressing influence. No. 2 red Winter sold as high as
$1 49@$1 49^ on the spot, |1 47^@§1 48 for April and $1 445f
@|1 45 for May but last evening dropped to $1 44^ for April
arrival of the period for
;
and |1 42 for May No. 1 white $1 42 cash and $1 40(g)?l 40^
for April. There has been rather more doing in Spring wheat,
Total stock — Est imated
Of which American— Estim'd
mainly at $1 38@51 41 for New York and Western No. 2 and
Total import of the week
Of which Amerlcau
|1 34(§)$1 35 for No. 3. To-day the opening was steadier, but
Actual exiwrt
the close at about the prices of last evening.
Amount afloat
Of which American
Indian corn has been tending downward for both spots and
month, but later futures have been about steady. Old
this
for
spots
futures
of
the
Liverpool
market
and
each
day
of the
The tone
week ending March 19, and the daily closing prices of spot cotton, have com is nearly nominal. Yesterday new No. 2 saU mixed sold
been as follows:
on the spot at 59c.; for this week, 58^c.; for all March, 5v^c.;
Saturday Monday. Tuesday. Wednes. Thursd'y Friday.
nominally
for April, 55c.; and May, 53c. Old No. 2 mixed held
Spot.
thi3 spot sold at
on
yellow
Dull
Dull
round
Dull
Quiet
New
spot.
on
the
60c.
at
Market,
Very
and
and
and
and unSteadier.
dull.
12:30 P.M.
To-day there was some
easier.
easier.
easier.
changed.
60c., and prime Western white at 63e.
714
7^8
Mid. Upl'ds
7%
weakness in futures. No. 2 mixed closing at 54%c. for April
Mid. Orl'ns.
71l8
738
and
Market,
5 P.M.
Sales
^ecibexp.
3,000
None.
7,000
1,000
5,000
Steady.
Steady.
Steady.
5,000
6,000
500
500
1,000-
5.000
1,000
futures.
Market,
P.M.
Quieter.
Steady.
The actual sales of futures at Liverpool for the same week are given
Thesasalea are on the basis of Uplands, Low Middling clause,
uiless otherwise stated.
Sattjrdat.
Delivery.
r.-Apr.
c.-Jlajr
^iu.'.
5-2%c. for
May.
Rye has favored buyers; several boat-loads of No. 2 Western
from $1 05
sold at 96c. Bariey met with a better demand at
for common
for choice No. 1 bright Canada down to 63@70c.
two and four-rowed. Oats have been variable, declining^
45%c. oa
sharply eariy in the. week, until No. 2 mixed sold at
from
recovery
slow
was
a
There
April.
for
and
44Mcthe spot
on the spot at
these prices, and yesterday No. 2 mixed sold
mixed and white
46?6c. To-day the market closed flat; No. 2
sold for April
mixed
No.
and
2
on the spot closed at 46@46^c.
State,
Barely
beloar.
Mar.
;
d.
.75i6
I
I
Delivery.
May-June
June-July
.7933
.T^aa jJulj'-Aug
d.
75ig®932
I
|
Delivery.
Aug.-Sept
7iiga Nov.-Dec
7=^
(May-Jtuie
1
d.
738®i3j,
6^8
75j»
at 44%c.
Tie following axe
closing CLUotations
—
March
THE CHRONICLE.
20, 1880. J
FLODR.
9
No. 2
:
:
!
bbl. ^3
The
409 115 TThcat—
visible
1
305
supply of grain, comprising the stocks
in
granary
at the principal pointo of accumulation at lake and seaboard
9131
ports, and in transit by lake and rail, Mar. 13, was as follows
«1 10
.ir,5* 6 10
Wcstcra
5
winter...
138
9110
Amber
'259 5 50
SpriiiK wheat eitriu)..
Wheat,
Cora,
OaU,
Barley,
Bye.
Red wlntor, No. 2 1 48 91 4(i>«
do XX Mild XXX... 5 (>5» G85
buah.
In Store a^
bush.
bush.
biuh.
biun.
138 9112
White
Winter NliviipVi'-'itraa. 5 40® 5 85
New York
4,272,577
231,505 177,008 417,185 130,534
1415j9112
No. 1 white
do XXiUidXXX... liOOa 7 00
731,000
Do. afloat (est.)
lOO.OOOf 205,000 548,000
13,000
57 9 «0
MinncHota pateiitn... 6 no® 7 50 Corn -West, mixed
Albany
2,300
12.500
86,000 370,000
72,800
....9 5i)
West'n No. 2, now
City Hliippliiu extras. 5 10» (iOO
Buffalo
598,074
628,616
15,055 213,800
61,057
58 9 60
Westom Yellow..
Boutlic-ni, l)ak(n'8' uud
Chicago
8,868.871 5,269,805 950,951 605,240 245,655
Supcrlliie
No. 3ii{>rlng,Vbu.$132
137
No, 2 spring
uuU
8tttte
25® 7 25
family' braiuls
9 60-»
Boutli'ii slilp'K extras.
Hyo
Ck>ni meal
WuHteru,
2
(tea
Braudy wlue, &o
60 9 88
92 9 9e
45 9 47
15 9 40
80 91 05
70 9 80
C2 9 70
83 9 95
Western White...
Rye
Oats— Mixed
15
5 10
175®
Hour, atiporttno..
85® 3 10
....® 3 30
White
Barley— Canada W.
State, 4-rowed...
State, 2-rowBd...
Peas—Cttu'da.b.Af.
afloat....
Do
HUwankee
tor the week ending Mar.
Oswego
Louis
Hoston
8t.
Flour,
bbls.
At—
(196
lbs.)
Tcironto
Mimtreal
Philadelphia
Peoria
13, 1880
Wheat,
Com,
:
bush.
(60 lbs.)
ImUanapoUs
Kansas City
Oats, Barley,
Rye,
bush.
bush.
bush.
(32 lbs.) (1811)8.) (56 lbs.)
bush.
(56 lbs.)
Haltirnore
Hhipmenta...
Lake shipmenta..
KiiJl
256,059
10,700
13,055
13,111
8,175
15,505
5,374
2,^03
27,374
1,885
172,844 1,258,520
116,935
53,200
75,531 257,013
6,825
32,757
9.550
22,950
125,171 801.425
8,350 277,950
3,831
6,755
4,000
11,270
6,750
1,000
Total
Mar. 6, '80
.50,887
10,500
3,902
14,400
Feb. 28, '80
Feb. 21. '80
Feb. 11, '80
Total
117,373
Bamo tUuo '79. 124,118
541,138 2,677,883
906,400 1,226,041
409,709 106,473
641,785 119,775
43,102
41,081
Ohloago
11,657
35,830
MUwaiikeo
Toledo
Detroit
CloTcland
8t. iMuia
Peoria
59,964
62,100
60
Duluth
2,337,991
148,652
175,000
73,368
46,608
564,213
101,037
031,186
3,625
140.000
89,490
22.180
2,000
208,203
58.415
22,350
131,721
34,000
2,475
435,000
35,626
14,632
129,893
8,971
fc717
85,273
163,990
140,356
1,183
8,468
46,729
3 671
14,740
350,836
84,496
27,345
1,292,602
1,660,555
Detroit
(From the " New York Product Exchange Weekly.")
Receipts of flour and grain at Western lake and river ports
202,329
6,158,520
270,000
Duluth
Toledo
280,000
887,952
169,430
338,641
123,213
446,382
9,054
187,888
501,281
662,632
383,194
1,319.506
262,699
88,595
607,115
363,626
207,197
203,186
THE DRY GOODS TRADE.
Total receipts at same ports from Jan. 1 to Mar. 13, inclusive,
Wheat
Com
bush.
Oats
Barley
Bye
Total grain....
Fbidat, p. M., March 19, 1880.
1880.
1,077,804
1879.
1,247,477
1878.
1,237,282
819,009
8.416,158
25,577,506
3,962,391
1,435,124
493,522
12,710,306
14,988,575
4,123,381
1,458,869
623,473
11,385,467
11,312,954
3,780,561
1,833,486
606,087
3,435,906
12,560,656
2,741,890
1,280,925
404,505
39,884,701
33,904,604
28,918,558
20,473,912
1877.
Wheat
Com
1878-79.
4,098.833
1877-78.
4,009,676
1876-77.
3,502,701
70,800,588
70,079,136
18,375,826
9,302,003
3,445,510
68,799,170
55,055,970
20,984,363
8,500,645
1,579,816
54.870,758
40,402,570
16,192,121
8,312,346
2,532,904
33,828,951
51,310,557
13,787,590
7,346,575
2,312,049
172,003,063
154,919,961
128,300,699
107,585,722
bush.
Oats
Barley
Bye
,
Total grain
....
Comparative shipiaents of flour and grain from the same
ports from Jan. 1 to Mar. 13, inclusive, fox four years:
1880.
Flour
Wheat
Com
bbls.
869,218
1879.
1,338,125
1878.
1,259,109
bush.
2,381,310
13,111,174
2,510.912
732,811
356,184
5,037,549
7,384,923
2,734,743
1,001,825
273,826
9,895,912
8,000,608
2,323,871
1,042,759
361,557
764,306
201,107
19,095,391
17,032,860
21,697,707
10,404,397
Oats
Barley
Kye
Total grain
....
1877.
768,165
1,543.230
6,287,135
1,608,239
Kail and lake shipments from same ports for the last four weeks
Week
Flour,
Wheat,
Com,
Oats,
Bajley,
Kye,
ending—
bbla.
Mar. 13
Mar. 6
Feb. 28
Feb. 21
114,784
102,172
105,301
93,306
Total, 4 w'ks.415,863
bush.
bush.
383,194 1,741,181
220,330 1,729,023
203,.506 1,818,360
135,6-111,592,382
bush.
356,836
242,190
198,423
314,342
942,721 6,880,946 1,111,797
bush.
bush.
84,496
73,306
65,660
58,412
27.315
20,311
34,205
40,733
281,874 122,625
4 weeks '79.. 559,977 2,472,836 3,134,413 1,139,133 339,797 86.730
Receipts of flour and grain at seaboard ports for the week
ended Mar. 13:
Flomr,
WTieat,
Com,
Oats,
Barley, Rye,
At—
New York
bush.
bbls.
Philadelphia
Baltimore
New Orleans
bush.
357,300
87,161
10,800
3,200
94,500
309,600
73,603
30,070
2,307
4,326
12,180
20,200
17,333
Boston
Portland
Montreal
bush.
Total week
162,019 862.5012,864,647 383,834
Oor. week '79.... 241,025 1,689,960 1,909,159 402,374
And from Jan.
BlOttr
bbU.
Wheat
bush.
Com
Oat8
Barley
Bye
Total grain
....
bush.
582,575 233,920 64,830
302,598 31,321
3.500
1,500
5,600 10,000
10,181
500
764,800 45,000 19,000
733,400 25,200
479,771 29,0^2
97,830
62,758
bush.
7,452
2,000
6,500
15,952
78,294
1 to Mar. 13, inclusive, for four years:
1880.
1879.
1878.
1877
1,797,411
2,068,314
1,756,781
1,384,577
7,148,328
20,977,969
3,351,172
1,091,276
203,029
15,459,409
32,774,774
439,383
13,937,460
18,836,135
2,649,076
1,589,916
512,190
1,349,205
15,356,834
2,752,487
782,059
233,779
38,357,675
37,524,787
20,424,302
18,4,30,710
3,076,594
948,577
Exports from United States seaboard ports and from Montreal
for week ending Mar. 13:
From—
New York*....
Boston
Portland)
Wheat,
Flour,
Com,
bush.
bush.
39,463
17,700
3,300
693,900
17,582
10,800
377,422
210,462
6,275
17,020
34,000
221,211
474,983
816,845
83.760
100,377
977,493
1,470,950
1,879,712
1,677,945
bbls.
.
Baltimore
Total for w'k
game time
'
'79.
72,393 bush, barley.
1
3,389
..
5,600
Montreal
PUiiadelphia.
Oats,
bush.
10,000 bush, barley.
'.'".
1,550
10.539
.5,449
for dry goods has
;
1879-80.
3,404,629
bbls,
shown a fair degree of activity
the past week. There was some abatement in the demand for
staple cotton and woolen goods at first hands but other seasonable fabrics ctmtinued in steady request. The jobbing trade
was active in all its branches, and an important aggregate
amount of staple and department goods was placed in the hands
of retailers from all parts of the country. The tone of the
market has been very firm, but there was rather less tendency
to advance prices than of late, and manufacturers seem inclined
to pursue a conservative policy and rest satisfied with their
present profits, which are by no means inconsiderable. Stocks
The market
Total receipts (crop movement) at the same ports from Aug. 1
to Mar. 13, inclusive, for four years:
Flour
„
27,046,506 14,979,402 2,847,509 3,470,690 820,612
27.259,552 14.970,014 2,804.575 3,509,077 831,162
28,031,716 15,621,190 2,909,094 3.687.191 900.050
28.179,959 15,521,733 3,009,925 3,768.721
915.915
28,889,896 11,817,750 3,018,733 3,897,025 865,074
20,985,326 13,342,312 2,153,016 3,098,617 1,193,238
Mar. 15, '79
bbls.
.....
577,0.57
1,741,181
for four years:
Flour
......
4.000
66,405
4.518
3,726
37.678
of manufactured goods are exceedingly light in the hands of
agents, and many fabrics continue sold in advance of production.
Foreign goods have received a fair share of attention
from both wholesale and retail buyers, and prices ruled steady,
but there was a continued pressure to sell dress silks, and a
further large offering (3,000 pieces) was made through one of
the leading auction houses with fairly satisfactory results.
Domestic Cotton Goods. The exports of cotton goods during
—
the week ending March 15 were 1,334 packages, including 91
to Great Britain, 145 to Hayti, 96 to U. S. of Colombia, 51 to
Dutch West Indies, and the remainder to other markets. There
was no material change in the status of the market, but the
demand by package buyers was less active and selections were
mostly restricted to relatively small parcels of plain and colored
cottons.
Brown sheetings were in moderate demand by jobbers and for conversion purposes, and there was a steady inquiry for small lots of bleached shirtings, low grades of which
continue very scarce. Colored cottons and corset jeans were in
moderate demand, but cottonades were less active. Print cloths
were in good demand for future delivery, and prices ruled firm
at 5%c. for 64x043 spot and near deliveries and 5%c. for July to
October delivery. For 56x60 print cloths there was a fair inquiry at 5%c. for spots and 5c. for July to October delivery.
Prints were in irregular request, and while some of the makes
that were lately advanced to 8c. moved slowly, there was a fair
demand for fancies at 7/^c. and shirting prints at 7@7/6c.
Printed lawns piques and wide prints met with liberal sales,
and cotton dress goods and ginghams continued active, firm and
in light supply.
Domestic Woolen Goods.
—There was
a,
liberal
movement
ia
clothing woolens on account of former orders, but the current
demand was comparatively light. Prices continued very firm
on all woolen fabrics, and as manufactured goods have not yet
appreciated in a like ratio with the enhanced cost of raw materials, labor, &c., it is more than probable that quotations for
leading fabrics will be advanced in the early future.
Fancy
cassimeres and suitings were only in moderate demand,
bush.
37,121 20,130 but large deliveries were made by agents in execution of back
8,409 orders. Worsted coatings were fairly active, and many makes
are largely sold ahead of production. Overcoatings ruled quiet
and steady, and there was a hand-to-mouth demand for cloths
of Kentucky jeans and satinets were com37.121 28,539 and doeskins. Sales
16,735 30,510 paratively light, but there was a steady movement in these
fabrics on account of old orders. Flannels and blankets wew
Bye,
Peas,
bush.
'.
..'.'.'.
many
.
—
.. ..
..
1
...
[Vol.
THE CHIIONICLE.
306
sold ahead, and prices
were in steady
are strong at the last advance. Dress goods
shawls; but
request, and there was a fair inquiry for Shetland
Carpets were freely disworsted shawls remained quiet.
ruled v*7
tributed in execution of former orders, and prices
relatively quiet, but nearly all
makes are
firm.
stapla
FoEEioN Drt Goods.—Thei-e was a good demand for
made
by
were
which
of
sales
liberal
fabrics,
dress
and fancy
held.
importers and jobbers, and desirable goods were fii-mly
there
Fine black and colored silks were in steady request, and
was a brisk inquiry for novelties in fancy silks ; but low grade
late heavy
black and colored silks were quiet, owing to the
immediate wants
offerings at auction, which have supplied the
first hands,
of buyers. Linen and white goods were quiet in
Receipts of Leadln-; Articles ot Domestic Produce.
The following table, based upon daily reports made to the
New York Produce Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (^corresponding with the week for exports)
also the receipts from January 1, 1880, to that day, and for the
corresponding period in 1879:
Week ending
March
Ashes
Beans
Breadstuffs—
Flour,
wheat
Coru meal
1878.
686
Wool
1,186
Cottou
679
Silk
Flax
UisceUaueous.
1,443
4,851
.
Value.
277,213
366,408
431,182
257,975
207,119
Pkgs
1879.
•
Value.
351
614
1,012
716
Value.
Pkge.
324,970
285,763
418,836
193,180
147,353
707
18, 1880.
1880.
560,203
754,730
997,587
423,253
303,295
1,560
2,103
1,407
1,871
1,951
3.930 1,405.102 8.892i3,047.0fi8
INTO THE MARKET DUBING THE SAME PERIOD.
8,345 1,539,899
Total
WITHDRAWN FROM WAUEHOUSB AND THROWN
Manufactures of-
I
358
249
167
469
Wool
Cotton
Silk
Flai
Miscellaneous
.
4,442
.
133,042
04,780
169,431
100,821
00,802
5,885 .530,939
8,313 1,539,899
Total
Ent'dforcoiisumpt.
153,977
75,531
98,833
96,215
81,314
331
262
108
434
6,536
508.920
7,721
3,930 1,403,102
339
195
149
718
2,939
138,190
54.713
130,968
119.193
34,263
4,340 477,327
8,892 3,047,068
Total on market... 14,030 2,070,838 11,651 1,914.022 13,232 3.521,395
ENTERED FOK WAREHOUSE PORING SAME PERIOD.
Manufactures of—
304
"^ool
150
111
331
giXk
137,877
48,805
95,915
66,651
53,698
381
170
104
409
906
139.105
54,222
89,072
73,436
25,646
450
181
144
632
3.409
100,555
49,151
136,249
152,990
34,493
Oil,
1,533
19,415
821,102
1,015
15,345
60,174
i,630
9,452
57,301
5,870
1,448
966
27
2,872
2,866
681
193
19.618
2,438,651
84,333
5,282,478
1,923,811
hhds.
76
932
312
110
282
420
496
10,221
191
123,161
1,429
109,299
6,118
bush.
1,979
27,483
29,540
pkgg,
pkgs.
pkgs.
pkgs.
pkgs.
1,660
1,013
48,171
20,639
4,353
20,374
28,111
1,702
3,698
19,276
9,321
428,070
213,133
99,236
111,107
122,044
22,836
38,320
752
19,3!K)
whale
galls.
Peanuts
Provisions-
Pork
Beef
Cutnieats
Butter
Cheese
Kggs
L:ud
Laid
bbls.
tcs.
A bbls,
kegs.
Hogs, dressed
Rice
No.
pkgs.
Spelter
Steariue
slabs.
Sugar
Sugar
Tallow
Tobacco
Tobacco
Whiskey
871
12,283
35,736
15,367
bbls.
last year.
1,165
bales.
bbls.
Turpontiue, crude
Turpentine, spirits... bbls.
bbls.
Kosiu
bbls.
Tar
bbhi.
:
Pitch
pkgs.
Oil cake
bbls.
Oil, lai-d
Same time
77,409
3,108
829,it89
322,888
95,442
Naval Stores—
BNTBRED FOR COSSOMTTION FOR THE WEEK ENDTSO MARCH
1,
991,018
103,427
304,829
8,124
3,543
51,656
32,798
12,215
4,098
715,873
15,904
bv.sli.
pii
Since J.in.
1880.
1,123,129
40,802
7,928,414
222,416
5,4C5,902
1,519.700
952.721
112,382
258.587
9,311
2,827
76,535
53,186
34,926
19,494
891,834
363,729
4,941
63,002
bush.
bush.
bush.
No.
Le.ither
1878, have been as follows:
Manufactures ol-
71,307
874
336,900
5,400
bales.
bales.
sides.
The importations of dry goods at this poi-t for the week ending Lead
Molasses
March 18, 1880. and for the corresponding weeks of 1879 and Molasses
Pfcgs.
bbls.
bbls.
bbls.
Hops
Importations of Dry Good*.
115
873
bags.
bags.
Hides
Hides
16.
bbls.
bbls.
bush.
bush.
Wheat
Rye
Com
were in
but fairly active with jobbers. Embroideries and laces
Oats
millinery
Barley and malt
steady request, and the business in ribbons and
Peas
woolens,
Men's-wear
satisfactory.
moderately
Cottou
goods was
Cotton
seed oil
small
in
distributed
Italian cloths and satin de chenes were
Flax seed
steady
was
a
there
Qra.ss
and
seed
amount,
aggregate
fair
parcels to a
inquiry for hosiery and fabric gloves.
XXXJ
boxes
pkgs.
525
bbls.
10
hhds.
pkgs.
13
A cases.
hhds.
bbls.
bales.
Wool
2,058
3,635
1,231
6,162
123
10,773
3,893
71
6,377
22,385
3.1,973
10,534
69,063
5,024
71,2.57
12.026
506,620
257,173
254,237
63,595
232,502
8,446
49,440
9,373
29,822
8,451
735
23,487
28,473
23,318
6,348
82,786
10,138
Exports ot Iieadlns Articles of Domestic Produce.
The following table, based upon Custom House returns, shows
the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the export*
Bnt'd for cousunipt.
from the 1st of January, 1880, to the same day, and for the corTotal at the port... 12,503 1,942,845 5,900 1,786.383 13.708 3,580,506 responding period in 1379:
Imports of Leading Articles.
Same time
Week ending Siuce Jan.
The following table, compiled from Custom House returns,
last year.
1880.
March 16.
shows the foreign imports of leading articles at this port since
433
258
bbls.
Ashes, pots
January 1, 1880, and for the same period in 1879:
3,202
Miscellaneous
402,946
4,158
8,345 1,539,899
Total
ITlie (luaulity Is
1880.
Earthenw
.
Glass
Glassware
2,671
9,747
101,015
6,162
Cocoa, bags.
1,303
3,056
9,227
11,477
Coffee, bags.
487,167
Cottou,bales
1,326
Glass plate.
Buttons
Coal, tons...
Drugs, <fec
Bark, Peni.
Blea. powd.
Cochineal
.
Gambler
.
.
Gum, Arab.
Indigo
Madder, &c
Oil, Olive.
Opium
..
.
Boda, bi-cb
Soda, sal.
8oda, ash.
Rax
Furs
Gunny
oloth
Hair
Hemp, bales
Hides,
Ac-
Bristles
..
HUlee.dr'sd
India rubber
Ivoiy
Jeweh-y.&c
Jewelry
Watches
.
.
Iiinsced
MoUisses...
Metals, (to—
Cutlery...
Har.lware.
4,816 533,438
8,892 3,047,068
given in packages wlieu uot otherwise spocifled.l
Cbina, &o.—
China
1.S70 381,481
3,930 1,405,102
7,747
5,154
1,337
13,519
1,866
l,o06
330
10,566
179
3,3,50
9,873
17,633
1,897
2.576
1,414
3,992
45,070
598
2,749
17,156
284
706
204
1879.
1880.
Metals, Ac1,938 Lead, pigs
1879.
Flour, wheat
Flour, rj'o
13,676
1,466,473
92,772
352,58
7,945,097
56,816
2,186
198,596
13,960
222,121
3,176,353
26,479
7,702 tcs., Abbls.
491,330 Sugar, boxes
95,776
87,728
and bags...
Tea
9,060 Tobacco ....
2,952 Waste
690 Wines, &c.—
13,631
Champ'gue
679,832
371,482
21,858
baskets ..
1,109
1,302 Wines
1,155 Wool, b.ilos.
5,961 Reported by
19,655
20,311
32,741
6,363
43,812
7,372
Spelter, lbs
Steel
Tin, l)o.xcs.
980 Tiuslbs.,lb8
2,498 Paper Stock.
5,795 Sugar, hlule,
3,373
203
100
Lemons
1,017
20,098
Oranges
Nuts
. .
.
. .
Raisins
22'
Hides, uudr.
996 Rice
12,198 Spices,
i9r Cassia
Ac-
1,701
1,171
303
148
4,526
391,597
14,659
189,682
100,686
302,374
118,321
522,077
225,085
280,852
6,893,839
54,734
129,403
496,810
200,536
305,812
2,339,095
14,095
14,962
143,004
91,046
Logwood ..
Mahogany
117,670
9,317
199,475
39,814
07,000
29,750
193,314
29,030
WoodsFustic
Tar
21,708
10,322
bbls.
bbls.
bbls.
53,425
743,287
313
1,031
2,540
690,617
10,924
2,749
77,228
9,165
594,031
28,404
6,148,062
633,844
1,247
35,366
tons.
bales.
pkgs.
.-
Spirits turpcutine
bales.
bales.
—
bbls.
bbls.
bbls.
bbls.
bble.
520
390
8,153
1,334
1,792
13
410,265
33,129
187,460
63,798
5,170,049
11,310
13,428
63,335
20,478
18,891
1,783
Whale
Sperm
Lard
Petroleum
ProvisionsPork
Beet
Beef
Cutmeats
Butter
Chexise
Lard
Rice
704.542
36,748
21,712
112,925
6,115,766
14,663
17,716
66,875
26,230
13,746
9,137
2,173
30,988
1,080
2,311
31,082
1,713
1.176
401,026
owt.
90
20
20
gals.
gals.
gals.
gals.
gals.
1.300
9,308
1,191
4,398,342
42,397
104,121
6,182
62,049,081
26,898,999
3,732
46,397
10,132
11,399
121,745,999
4,590,400
11,312,964
51,242,710
2,635
12,839,833
13,942
10,772
1,612,406
28,187
'55,648
9,738
12,479
186,739,297
7,083,610
22,498,737
60,025,635
3,905
17,548,062
10,237
6,892
1,742,010
9,461
bbls.
bbls.
tierces.
lbs
lbs.
lbs.
lbs.
bbls.
lbs.
Tallow
hhds.
Tobacco, >paf
bales and cases.
Tobacco
Tobaoco.manufactui'Cd. lbs.
Whalebone
7,780,721
100
80
!,535
900
792
Oils-
Linseed
. . -
Cork
_.
H.iy
Rosin
42
2,279
bush.
bush.
bush.
bush.
bush.
bush.
pkgs.
Hops
Pitch
Oilcake...
70,471
41,546
131,112
70,489
589
124 Saltpetre
46,716
11,515
17,018
7,310
37,587
15,286
127,174
65,840
Ginger ....
Pepper ....
Wheat
Rye
Naval StoresCrude turpentine
value.
5,714 Cigars
13,219 Corks
14,237 Fancy goods
403 Fish
1.417 Fruits, Ac-
39,013
9,478
272
452,732
260,793
16,757
63
Corn meal
Oats
Barley
Peas
Corn
Caudles
Coal
Cotton
Domestics
57
lbs.
bbls.
Ashes, pearls
Becswiix
Breadstuffs—
lbs.
949
1
,327
13,927,780
452,063
571,155
8,330,647
190
436,936
1,101
981
128,341
14,249
24,341
241,413
l,0(;i
>
Makch
THE CHRONICLE.
U80.1
13,
Financial.
Finnnclul.
&
Trask
Financial.
H. W. Rosenbaum,
Francis,
BANKERS AND BROKERS,
TO Broadway d: 15 New St., New York.
BUYS AND BELLS
RAILROAD BONDS AND STOCKS.
Transact a General Bankine Business.
Sold on Comnlsslon, and carried on Margins.
Deposits received and Interest Allowed.
Accounts of Country Banks and Bankera reOfftTOd on favorable terms.
STOCKS and BONDS BsuKhtand
W
&
H. Latham
J.
BROKERS
Co.,
Financial Review,
IN
St.
Uixtl'U't ol'Culuiubiii ItundM,
AND
ALL CLASSES OF INVESTMENT AND MISCELLANEOUS SECURITIES NOT ACTIVitLT
DEALT IN AT THE NEW YORK STOCK KXCIIANGB A SPECIALTY.
THB
Jab. U. Olii'ua.nt.
Lould.
1880.
ANTHONY, POOR & OLIPHANT,
BANKERS AND BROKERS,
No. 19 Broad Street, New York,
And 83 Devonshire Street, Boston.
A MANUAL
Buy a.nd Sell ox Cu.MHiaRioN all Securities
CURRE.NT AT THE NEW YORK STOCK EXCHA.VOE.
ALLOW Interest on Deposits. Make Advances
ON Approved Collateral.
OTUEIl
WILLIAM STREEr.
52
H. LATHAM.
W. PIRRY.
F.
&
Sheldon
Wadsworth,
WALK. STREET,
BANKERS AND DEALERS
FOR
10
All dosses of ncfrotiable securities bought
sold at the Stock Exchange on Commission.
INVESTORS AND BROKERS.
and
Ad-
vances made on^bame.
WM.
W«.
C.
SHBLDON.
W.M. B.
F. OWEN-S,
Geo. a.
N. ¥. Stuck Kxchange.
Member
Owens
&
Mercer.
Mercer,
Exchauge Court aud 52 Broadway*
Interest allowed on deposits, to be drawn at will
Also, Contracts made and carried la New York
Cotton and Produce Exchanges.
issue a Daily
Letter which will be sent on applicj*tioc.
We
&
Biittrick
Elliman,
BANKERS AND BROKERS,
No. 2 Nassau Street,
New
Homker of the N. Y Stock Exch 'ge.
Wh. Ellihan, Member of the N. Y. Mining Exeb'ge.
.
Now York City— Bank Returns, &c.
London— Money Market and Bank Returns-
CommercialBalance, U.
S.
London— Rcriew
in the
York.
Transact a General Banking Business, including
the purchase and sale of STOCKS and BONDS for
cash or on margin.
Call
InTeBtment Seenritlea.
p. O. BOX 2,647.
Wayland Trask. ;h. J. Morse-
State, Municipal and Hallway Ponds
at best market rate?.
Interest Table, Showing Accumulations of Money in a Series of Years.
Table Showing the Rate Per Cent Realized
on Securities Purchased at different prices.
New York.
Sell
A.M. Kidder.
United States Debt and SecarltlesDebt of the United
Prices of U.
American Mining Stock
Wm.
And
of the
&
Fisher
BANKERS,
AD-
MITTED on
the Sth day of April, 1880, upon payment of $1,000 each, and $100 in advance for dues
for the first year.
BALTimORB,
FurcliiiK AQd sell Governments and Coin.
Gold cocitantly kept on hand tor the supply of Mer*
cbantB, for duties.
Bonds and Securities of every description boogbt
and sold on Commission Orders, w'alch have di»6C
personal attention.
Especial attention Is jflven to Investment Securities
of tbe higher grades, quotations for which are furolBhed as required.
solicited.
BANKING HOUSE OF
and Secarltles—
G.
W. Norton &
CASH
Railroads and their Secnrltles—
Railroads in the United States.
KENTUCKT.
The New York Stock Market, 1860-1880.
Prices of RaUroad Bonds, 1872-1880,
&
Swan Barrett,
BANKERS AND BROKKR3
Prices of Railroad Stocks, 1860-1880.
SCO middle
Price or the Review, in Cloth
$2 00
To Subscribers of the Commercial > , ^~.
i oo
& FmANciAL Chronicle
j
THE COMMITTEE WILL RECEIVE APPLICA-
Street,
POHTI.AND, inAINE,
Dealers In Government, State, County, City and Ball.
road Bonds, Bank Stocks, Ac.
Desirable Investment Securities coastantly oa Uaad-
TIONS
for 300 seats in said Stock Exchungc, which
carry with them a share in the Mining Trust Company, and which will be sold at $5,000 each.
WILLIAM
REFERENCES
should be addressed to the "Committee on Admissions," at the office of the Mining Trust Company,
No. 115 Broadway, New York City.
i.
Co.>
CAPITAL:t200,(IOO,
I.OUISVII.I.E,
THE
COMMITTEE ON ADMISSIONS desire to
act as promptly and understandingly as possible
upon applications, and will therefore be glad to receive by or before the 10th day of March such references as applicants may desire to oflTer.
AND
4c
luvetttiuent HecnritieS)
2 SOUTII STREET
IVID.
Railroad Earnings.
MINING TRUST COMPANY.
ALL APPLICATIONS
Sons^,
Dealers In GoTernments, Coin,
Correspondence
States.
and Coupons
Oppobite Second St.
Prices of State Securities, 1860-1880.
TO BE ORQANIZBD UNDER THE AUSPICES
CIty«,
Investors or
dealers wishing to buy or sell arc Invited t« communicate with us.
Member of the New York ' took Exchange.
Bonds, 1860-1880.
State Debts and Immimity from Prosecution.
Exchange.
TWO HUNDRED MEMBERS WILL BE
State Debts
S.
New York
bought and sold
United States.
in
liKOKER,
A SPECLALTY.
Loans aud
Compound
Stock Speculation
Manning,
SOUTHERN SECURITIES
Investments and 9'peealatlan—
WALL STREET AND BROADWAY,
B.
No. 14 lYaU Street,
The money Ilarket—
and Prices of
John
BANKER AND
Foreign Excbaoge—
Market and Prices in New York, 1870-1880.
C^J Co.
BANKERS,
Street,
Walcott,
Frank K. Dickinsoii,.
Members N. Y. Stock and Mining Exchanges.
of
Year, Bank Rotiuns, Ac.
and Silver
Broad
Transact a General Banking Business, buy and sell
on commis.sion all securities dealt In at the .Now
York. Philadelphia and Boston Stock Exclian^os,
either for cash or on margin.
Special attention
given to Mining Stocks.
Exports and Imi>ort8 of
Articles.
Influences,
CO.,
A,
BANKERS,
Jos. C.
United States—Foreign Commerce, Trade
Production, Exports and Imports of Gold
Buy and
WALCOTT
C.
No. 29
Geld and Silver-
New
J.
Currency Movements.
Commercial Paper since 1872.
COR. OF
WM. M. LE.VT.
san Francisco.
Y. Stock Fichange.
(Special.)
Y. Mining Stock Exchange.
United St.ites— National Bank Figures and
Leading
ITork.
BONDS, STOCKS and INVESTMENT SECURITIES
BOUGUT AND SOLD ON COMMISSION.
C. A. BUTTRICK,
M. Jones,
HINCKLEY.
Member N.
Member N.
Retrospect of 1879.
Banking and Financial-
AND COMMISSION STOCK BROKERS,
7
B.
L.
mercantile Fatlnrea.
BANKERS
Jones,
No. 19 IVilllam Street, New York.
OOVEIINME.VT BONDS. STOCKS
AND 1NVEST.MBNT SECURITIES
BOUGHT AND SOLD ON iCOMMISSION.
SPECIAL ATTENTION GIVEN TO
ni.NING STOCKS.
CONTENTS.
WADSWORTH.
&
Hinckley
IN
BONDS AND STOCKS.
Akthoxy, Member N. Y. Stock Exchsnce.
Pooh.
Member N. Y. Mining Excb'ao-
Henry W.
(ANNUAL.)
INVESTMENT SECURITIES,
J.
Correspondence solicited and tafomstloo eb*«rfully furnished.
Ja8. L.
FOREION EXCHANGB,
United Sintcs, Cliicncn, (hirinnnli.
EzchanEe Place,
SI
B.
DANA &
CO.,
PUBLISHERS,
19
&
81 William Street, N. Y.
M. I.AWSON,
Chairman of Committee.
LONDON OftiCE 6 Austin Friars, Old Broad St,
:
P.
F.
Keleher
&
BANKERS AND BROKERS,
Co.^
'
No. 305 Olive Street,
ST. I.OUIS, mo..
Buy aad sell Government, State, County. Townshfp'
and Municipal Bonds. Coupons collected. Missoarf;
Bonds a specialty. Foreign excbaage bougat and MUL
.
:
THE cmRONICLE.
VI
&
Eustis
E.
Co.
Bailey,
S.
OFFICE OF THE
FINE STREET.
7
Stocks
Insurance
CINCINNATI, OHIO.
A SPECIALTY.
Cash
paid at once for the above Securities or
tuey wlfi.be sold on commission, at seller's option.
Insurance.
OFFICE OF THE
;
The United
ORIENT
States
Comp'y?
Life Insurance
Mutual Insurance Co.
Assets,
-
Surplus.
NEW VoRK,
28th JanuMy, 1880.
The follo-vring statement ef the affaire of this
Company on the Slst day of December, 1879, is
published In confoi-mlty with the provisions of
Its Charter:
Premiums unearned 3l8t Decem-
$113,57123
1878
Net premiums received during
802,271 22
the year ending 3l8t Dec., 1870
$915,812 45
Total premiums
$771,077 35
393,686 83
Earned premiums of the year....
Iamscs and expenses
Re-insurance and return pre-
199,398 30
miums
ASSETS,
31st December, 1879.
32
Cashin banks
United States stock
etocks of Corporations
Real estate
$70,467
260,000
78,142
350,029
Subscription notes, bills receivable and uncollected premiums.
Suspense account and accrued iu-
430,102 20
00
00
18
8,14445
$1,197,185 15
Total amount of assets
The Board of Trustees have this day
Setolved, That six per cent Interest on the
outstanding Certiflcatos of Profits be paid to the
holders thereof, or their legal representatives
on or after 1st March next.
By order of the Board,
Alexander Hamilton,
<3eorge Uosle,
Henry DeB. Routb,
S
Constantin Menelas,
H
aefault.
of the term, thus guaranteeing to the policy-holder
In every event the full value of his Reserve.
NO SURRENDER of the Policy is required only
a notice from the policy-holder, on blanks furnished by the Company.
AFTER THRKE YEARS, ALL RESTRICTIONS
and CONDITIONS in regard to travel, residence,
occupation and cause of death are removed, thus
making the Policies, after three years. INCON-
FOR ANY
TESTIBI.E
FRAUD.
Net Surplus
Casli Assets
Wm
Gustav Schwab,
George H. Moigan,
Francis B. Arnold,
George 8. Scott.
EUGENE DUTILH, President.
ALFRED OGDEN, Vice President.
'CHARLES IRVING, Secretary.
ANTON METZ, Assistant Secretary.
Risks.
Premiums marked
off
ber,
1879
3,875,10126
Losses paid during the
period
:
vi-i
$3,000,000 00
1,841,438 00
248, 7H4 81
1,320,785 30
PAYMENT (If LOSSKS hj FIKK and for the protection of Policy-Holders of KIBK INSURANCK:
Held
In the Ur.lted States, arailable for the
Cash
in Banks
Bonds and mortpnges,
$233,299 29
heinjr first lien on
real estate (worth t4.17l,400)
1.S6B.653 00
United States rtoclis (market value) .... 3.184,125 00
Kanl! stocks (market value)
State and municipal b'ds {market value)
200.71)2 50
(market value of securities »543.392)
Interest due on 1st J.iuuary, 1880
Balance in hands of agents
Real estate
Premiums due and uncollected on poli-
418,670
54,870
154,114
54,125
Loans on stocks, payable on demand
.
other Stocks
$8,875,558 00
otherwise
Real Estate and claims due the
Company, estimated at
Premium Notes and Bills Re-
ilFE AND
ENDOWMENT POIICIE
Knickerbocker Casualty Insnrance Co.
NEW YORK,
OF
ing certificates of profits will be paid to the
holders thereof, or their legal repre.seutative8,
on and after Tuesday, the 3d of February next
Certificates of the issue of 1876, will be
redeemed and paid to the holders thereof, or
their legal representatives, on and after Tuesday, the 3d of February next, from which date
interest on the amount so rede-emable will
cease. The certificates to be produced at the
time of payment, and canceled to the extent
A
DlTldend of Forty per cent
lSHAS&0Y£R$8aOOaOOC
By order of
J.
D. W. Lamkin &
President.
Co.,
JOHN
M. CRANE,
the Board,
TRUSTEES:
D. Jones,
Charles Dennis,
W. H. H. Moore,
Orders to Purchase Cotton in onr market 101101164
Ro/er tolMo»»rp, XBOMAS J, SLAUGUTERi
=—
X'grk,
Lewis Curtis,
Charles H. Russell,
James Low,
David Lane,
Gordon W. Bumham,
A. A. Raven,
Wm.
LTMAN W. BBIGGS,
Vice-President.
EDWARD STARK,
General Agent,
DIBECTOBS:
George T. ^opc,
A. B. Hull.
H. A. Hurlbut,
Thomas A. Davtes,
O. G. Williams.
W. O. Low,
A. 8, Barnes,
H. B. Claflin,
Stranahan,
Charles Dennis,
Wm. M. Richards,
John D. Mairs,
J-JBW W.Brigg*.
g,9,CUtteB4Qn.
J. 8. T.
WUliam E. Dodge,
Royal Phelps,
Charles F. Burdett,
J.
Horace Gray,
Edmund W.
Corliee,
John EUiott,
Alexander V. Blake,
Robert B. Minturn,
Chai-les H. Marshall,
George W. Lane,
D. Morgan,
Robert L. Stuart,
Edwin
James G. De
Sturgis,
Thomas F. Youngs,
C. A. Hand,
John D. Hewlett,
WjUiam H. Webb,
Secretary.
CottoB Factor*,
TICKSBVBG, niSS.
de-
H. CHAFHIAN, Secretary.
GUARANTY
fidelity of persons holdins posiof pecuniary trust and responsibility, thus
in lieu of a
CORPORATE
personal bond where security is required for the
faithful performance of the duties or employees in
all positions of trust.
Full information can bo obtained at the.offlce, 187
Broadway.
WM. M. RICHARDS,
is
clared on the net earned premiums of the Company, for the year ending 31st December, 1879,
for which oertiflcateiwUl be issued on and after
Tuesday, the 4th of May next
Adolph Lemoyne,
Beiyamin H. Field,
Josiah O. Low,
Gnaranteeing the
securiUKa
IZTh 1842.
GUARANTEE
ARE ISSUED BY THB
tion,s
ORSANIZEp APRIL
500,000 00
1,522,826 35
231,455 16
ceivable
Cashin Bank
91
POLICIES
^SUES EVERr APPHOVED DESCRIPTION
1
1,307,900 00
00
86
87
CHAS. J. nARTIN, President.
J. H. WASHBURN, Secretary.
,
viz.:
Loans secured by Stocks, and
237,859 50
»8,410,988 11
FIDELrlTY
I
840,736 77
6,507 38
Total
e:
INSURANCE (OMU
J _ OFNEWYORIC..
-—————iF.ff.WINSTON PRESIDEN':
1,524,331 04
The Companj" has the following Assets,
United States and State of New
York Stock, City, Bank, and
$6,410,988 11
ASSfcTS
cies issued at this office
UTUALLIF
same
Returns of Premiums and Expenses
J.
\3S:;/
from Ist
January, 1879, to 31st Decem-
paid.
SUMinARV OF
Chas. F. Zitnmermanr,
C. L. F. Rose,
S. Wilson,
Policies have been issued
upon Life Eisks; nor upon
Fire disconnected with Marino
Fifty per cent of tbe Outstanding
Fifty-Tbird Seml-annnal Statement,
BHOTTIKO TH»
CONDITION OF THB COMPANT ON THE FIBSI
BAT or JANUARY, 1880.
Reserve for Re-insurance
Reserve for Unpaid Losses
$5,371,048 49
No
BROADWAY.
CASH CAPITAL
of Marine Pre-
Amount of Assets
$12,437,739 51
Six per cent Interest on the outstand-
NEW YORK,
OFFICE, 119
Co.
Total
Insurance Cortipany
Arthur B. Graves,
H. L. Chas. Renauld,
Theodore Fachiri,
CAUSE, EXCEPTING
Upon application, send Circu-
HOME
Ramsey Crooks,
<'barlee Munzin^er,
"Walter Watso",
Frnefto G. Fabbri,
"HeDry E. Spragne,
.John Welsh, Jr.,
(,«wi) Morris,
will,
lars giving full particulars.
Office of Middle Department, Boreel Building
No. 117 Broadway, N. Y., Henry W. Baldwin, Sup't.
Ijiwreoce WelU,
'WiUiaai Poblmann.
Dil,
amount
miums
Total
;
Carl L. Reclcnagel,
W. F. Cary, Jr.,
Carl Victor,
J.VnD.
$4,983,226 81
872,484 u6
The new form of Endowment Policy provides :—
That if the ENTIRE RESERVE is a greater sum
than the single premium required to carry the full
amount of insurance to the end of the endowment
term, the excess shall be used as a single premium
to purchase a pure endowment, payable at the end
R. Lyman,
Henry R. Kandhardt,
Auchincloss,
fi«E^
TPxtMoa Gordon Brown,
ATv^c M. Lawrcncfi,
-
suring elsewhere.
After the premiums for three or more years have
been paid, upon recoivinR the required notice from
the assured, the Comuany will cuntinue the l*olicy
In force without further payments, for its FULL
FACE, for such a period aa the ENTIRE RESERVE
will carry it.
Should the d ath of the insured take place during
the continued term of insurance as provided for
above, the full face of the Policy will be paid— no
deduction being made for foreborne or unpaid
premiums, excepting lu the event of the death
occurring within three years after the original
Secretary.
TRVSTEES:
-
Insurance
New Tokk, January 24, 1880.
Trastees, in conformity to the Charter of
the Comiiany, submit the following Statement
of its affairs on the 3l8t December, 1879
Premiums received on Marine
Risks, from 1st January, 1878,
to 3l8t December, 1879
$3,699,066 58
Premiums on Policies not marked off Ist January, 1879
1,671,981 91
Examine the new form of Policy Issued by the
United States Life Insurance Company before in-
«F
CHARLES lEVING,
-
-
JAMES BDELIi, President.
LIBERAL AND IMPORTANT CONCESSIONS IN
LIFE INSURANCE CONTRACTS.
The Company
tcrest
-
-
-
Mutual
The
261—264 Broadway, N. Y.
ber,
ATLANTIC
Dealings in
BBOKBBS,'
XXX-
Insurance.
Inanrance.
Financtol.
George
[Vol.
Forest,
Frederick Chauncey,
Charles D. Leverioh.
William Bryce,
William H. Fogg,
Peter V. King,
Thomas B. Coddington,
Horace K. Thurber,
William Degroot,
Henry Collins,
John L. Riker.
D. JONES, President.
CHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d Vice-President.
A, A.
EAYEN, 3d
Yloe-fresWeftt.
I
:
:
March
THE
80, 1880. J
(JHR(5n1CLE.
Commercial Cardi.
Iniurance.
MARINE AND FIRE INSURANCE.
Noa. 57 and 50 'nilllam Street.
TNSUBES AOAISST
AUD INLAND NAVIGATION
FIRE
RISKS.
1,
I8S0
aad Dea<*)r»
ALL Risks Wbittck at Reasonablb Ratis.
And all i<in(ti ot
'JOTTON CANVAS, FKITING BUCK. CAR OOVKH
ING, BAOOINO. KAVKNS DUCK, BAIL TW LNB8
AC. " ONTAUIO bKAMLKHS BAOB,
" AWNIV'l STKIPKS.'
mVTNO COMES, President.
WALNWRIGUT HAKDIE, Vltc-Proa't.
HENRY D. KINO, TroMurcr.
«
Company.
ooliirs «lWBy« m «tocK.
(Jnlt«4 Sta(e« liiintlnK
f^ll
supply
oil
Wldtht
«iiil
No, 109 niiHiie Nlrr«t.
W.
Co.,
&
raiss.
Agent
BKTW'EBN
In
The splendid vessels on this vorite route for the
Continent— civblns provided with electric belte— will
Ball from Pier (new) No. 42 North River, foot of
Morton street, as foilows
Wed., March 31, 9 A. M.
FUA.\CE, Trudello
Wed.. April 7. 3 P. M.
CANa I) a FriuiKUfl
Wed., April U, 8 A. M.
LABKADOU. [Siinitlicr
:
Co., China,
.
I'llICK
OK PASSAOB,
The
(Including wine;;
I.OI7IS
*01UENT."
I
Atlantic
&
Virginia
Fertilizing Co.
;
twelve months.
For passage and freight apply to
Ei'reka"
Orient, L.
cabin, luo and tSO second cabin.
Steerage, $30, includlDK wine, bedding and
f55.
utensils.
Return tickets at very reduced rates, available for
To Havre— First
S. W. POMEROT, Jr.
New York Offlce, 59 WALL Stukkt.
Boston Offlce, 44 Ce.vtkai. Stuket.
America,
Works at
OFFER TUEIR STANDARD BRANDS
AjiHONL^TEO Bone Scperpuospuate of Lime,
DEBBBIAN,
Agent, 55 Broadway.
AND
«<
ORIENT COMPLETE MANURE,"
And want a good working agent In every thriving
cotton-growing county. Apply (with reference) to
G. CRfi:^$HA\|r, Pres't,
W,
Crenshaw Warehouse,
Ricliniond, Va.
Atlas Mail Line.
Our Asplnwall steamers form
close connection at
|
1
No 11 Old
^Vanhlncton
ITIIIIn,
lUilltt,
ANIl
IIo8:ery, Shirts
43
4 45
J.
York.
and Drawers
THREE AND A QUARTER THOUSAND
double-column octavo pages o' reading matter yearly. It presents In an inexpensive form, considerinfc
Its great amount of matter, with freshness, owlnff
to its weekly issue, and with a satisfactory completeness attempted by no other publication, the
best Essays, Reviews. Criticisms. Tales. Sketches of
Travel and Discovery, Poetry, Scientific. Biographical, Historical and Political Information, from the
entire body of Foreign Periodical Literature.
The importance of the Living Age to every American reader, as the only satisfactorily fresih and
COMPI^KTB compilation of an indispensable current literature,— indispensable because It embracesthe production of
sufBciently indicated by the following
OPINIONS.
cinnati.
Works,
Locomotive
MANnFACTUUKHS OF
Locomotives
and Amoskeag; Steam
Clilropec WCg. Co.,
Fire Enstnes,
AVooleu <.'o.,
Atlantic Cotton inulH,
SaratogaVIctory inig. Co., ucean miTlN
new
yew
Slip,
ACKNTS FOR
B iirllngt'Mi
the world, of the most valuable Literary and
matter of tke day. from the pons of theFORSMOST ESBAYISTB. SCIENTIST.^. CUITICS. DlB"
COTBREKS, and Editors, representlog every department of Knowledge and Progresa.
Thg Living Age is a weekly magazine, glrliur
•
more than
Scientific
" It affords the best, the cheapest and most convenient means of keeping abreast with the progress
of thought in all Its phases.'"— A'orVA Aviericunt
Philad Iphia.
" It is, by all odds, the best ec!ectle, published."—
Southern Churchmon. Rclunomi
" It is the embodiment of the truest and pnrest
literature of the age."— ^m. Chriatian lievUw^ Cin-
mANCHESTER
Commercial €urd§
EUerton Ken-
Unapproached by any other Periodical
in
Cincinnati.
:
|
Superior accommodation for flrst-class passengers.
For freiglit or passage apply to
PIM, FOitWOOD & CO., Agents,
No. 37 Wall Street.
E.R.Mudge,Sawyer&Co
authors abeve-named and many others embraclnic
the choicest Serial and Short Stories by the LEADING FOKEIGN NOVKLISTS. and an amount
last volume of the Livixo Age presents a
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" It covers the whole field of literature, and covers
it completely, thoroughly and Impartially.*'— r.nw*.
For Ponro Ric<)
ARRAN
Littell's Living Age.
"The
ALHS
CLAKIBEL
For Mahacaibo
March 25 HOUSSA
Aprill
IV. »tory, Tur([uenlel, Rusklu.
and many otbets
In 1880. The Liriva Aoe enters upon Its thlrtrscventh year, admittedly unrivalled and continuously successful. DurlDK the year it will furnlsb
to its readers the productions of the most emloent
U
For Kingston, Aspinwall. Greytown. Colombia, Panama and South Pacific Pokts:
AILSA
March 30! ALVO
For liAYTi
April 17
W.
THE ABLEST LIYENG WRITERS,
Panuma with the steamers of the I'aciflc Steam
NuTlKution Company, beinK the quickest and most
direct service between New Vork and the west coast
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ATLAS
KTNA
Power
Cobbe, The Duke ol
Areyll, \\m. Blacic, mis* Thackeray,
Mrs. ITIulach-Crailc, Geo. macDonaid,
nrs. Oliphaiit, Jean liiKeloHr, Thonia*
Hardy, iriattlicw Arnold. H«iiry Kln^s-
;
Commission Mercuants and Snip Agents,
Qencral Traas-Atlantic CouipanyV
Hons Konff* Cnntnn, Anioy. Fnochow, Slla2i8>
Mall Steaiushipg,
liai nnd Hankow.
NBW YOKK AND HAVKB.
B. Car-
are represented in the pages of
the Statoa of Louisiana and Mississippi.
Russell
W.
Dr.
penter, Frances
ley,
Purchase, sale, entry and redemption of lands and
rayment of taxes for non-residents attended to.
nformatlon as to Tuhio and local advantage of
laPids fiirnlshed. Our field of operation embraces
Direct Line to France.
Tiie
dall.
Real Entato Affonts
Sc
vicKs«uRG,
Sleamsliips.
ONLY
R. A. Proctor, Kd.
A. Freeman, Prof. Tyn—
Tennyson, Brow nine,
&
A. L. Pierce
civil Enfflneers
Oburver-
ley,
'
A
J.
Authors, sneh as Prof.
Idax nuller, Bt. Hon.
"W. K. niadsCone, Jas.
A. Froude, Prof. Hux-
]l
COTTONSAILDUCK
$810,804 75
M.1CAZLMES."
The Createat UtIdc
Co.,
Also. Ai^eot*
ASSETS Jan.
"THE PRISCB AMONG
If.
&
UiiDutiicturerb
Mutual Insurance Co.,
Publications.
Turner
BrinckerhofT,
COMMERCIAL
llARINI!,
vu
MANCHESTER, N.H.
W. O. IVIKANS,
ARETAS BI>ooD,
buperlntendi nt.
Manchester. N H
T-«.*,urer
v'
Watar
.tre<'L
Kosto
iTcmi Various Mills.
york.
boston,
White Street,
15 Chauncey Street
PHILADELPHIA,
W. DAYTON, 230 CHESTNUT STREET.
'With
a reader may fairly keep up
important in the literature, history,
alone
it
with uU that
is
and science of the day."— r.^e
politics
AVi" York.
To read it weekly
Neruli, Boston.
"••
"There
Is
is
MttKo^Uiit,
a liberal education."— Z(on'*
no maKazine published that ^ives so
a knowlcdjie of what is goinu on in the
literary \vQv\i\."—I^ehbylerinn Weekty, Baltimore.
iff-neral
"Gives the best of all at tha price of one."—JVew
York htdependeiit.
" It holds the palm against all rivals."— Commerci«',
Loulhv
tie.
"There is no other way of procuring? the same
amount of excellent literature for anything like the
same price ^'—Boston Advertintr.
" It supplies a better compendium of current discussion, information and investigation, and givefi &
greater amount and variety ot reading matter,
it is well worth while to read, than any other
publication
It Is simply indispensable."— .Boston
Journal.
" Ought to ftad a place in every American home."
-•New York J\meM.
" There is nothing comparable to it In true value
in the whole range of periodical literature."- JfoWi*
which
George A. Clark
& Bro.,
^iu\ Wm&,
O0U> MEDAL,
RfffStfiT.
Published
PABI9, 1878:
ma Celebrated Ifumleri,
303-4O4- 70-35 -332,
I
I
and his other styles may be had of all dealers
MBLIX NBBDI.ES.
BROADWAY. NEW YORK.
laiL'n'ARD'S
400
•^
throughout thcvmrl^
Joseph Gillott & Sons.
^
New Tork.
WEEKLY at $8 00 per year, free of
The Living Age and one or other
pOStHt'O.
[" Possessed of
of our vivacious American montliiies, a subscriber
whole situa-
will find himself in command of the
tion. "—Pft'/(K'^pAia Steutvg Butietn.}
t^-
EXTRA OFFER FOR
ISSO.
_£|
To all new siibscribcrs for 1880 will be sent gratis
the numbers of 187« which contain, besides other
interesting matter, the first chapters of "HE ^'Ho
WILL NOT WHKN HE MAY," a new story by MRS.
OLIPHANT, now appearlnK in The Lxyinq AGS
from advance sheets.
m
NUMBERS, of superior
Engli.sh make, suited to every style
of writing. A Sample of each, tor
truil, bv mall, on receipt of ;;o cvrs.
A?K VOLIt STATIONKR FOR
In
tirHNCERlAN I'K.NS.
iTiMiii, lilnkeman,Taylor&Co
Till!
NK'W YORK.
Cla1> Prices for the best
Home and
Foreign Literature.
For 110 50 The liivivG Age and either ©ne of the
American |4 Monthlies (ur Harper'9 Weekly or
lUrzur) will
liti
5U
toit'i
be sent for a year, both postpaid
;
or for
The Living age and the Si.liicKola»oT Aj^t€*
Journal.
Address,
IiITX£I<I*
&
CO.,
BORtoa^
-
IKE (rHRONlCLE.
VIU
Woodward &
Stillman,
INMAN,SWANN&Co
SEAMEN'S BANK BTILDING.
&
COTTON
COMMISSION MERCHANTS,
T.*ll Street,
T6
NKW TOKK
Cotton Krcliange Building,
"WEKEKAL COMMISSION MERCHANTS
^OANS niADE ON ACCKPTABI.B
101 Pearl Street,
SBOITUITV.
New
Tork.
deUrery
be porctiase oriale of contracts fortature
^_^
«r cotton.
&
Henry Heiitz
G
LSBMAN, .a2BAHA.M A CO^
Co.,
ENBRAIi
WlUiam
St.,
New
Tforfc.
Also eiecute orders for Merchandise
In
40
tlirouglj
New York and Liverpool
131
COMMISSION MERCHANTS,
T.
&
Co.,
COTTON beokj:rs,
117 Pearl Street, New York.
Orders for Spot Cotton aad Futures promptly exe"
oated
WALTER & KROHN,
COTTO!« BROKERS,
^3 BEAVER STREET, NEW YORK.
R. M. Waters
&
Ltb-iral
Advances made on
COTTON
In Store
Tames F.Wenman& Co.,
tkO,
COTTON BROKERS,
146 Pearl Street, near W^all, N. 1.
Established (In Tontine Building)
Ware
&
COTTON COMMISSION MERCHANTS,
111 Pearl Street,
New
Bpeoial attention paid to the execution of orders
NEW
YORK.
Special attention Klven to the execution of
&
Tainter,
43ENERAI. COTTON KIERCHANTS,
97 PEARL STREET, NEW YORK.
H.
W. &
John
&
Co.,
COTTON
«oinrREissioN merchants,
NASHVILLE, TKNNESSKB.
Bpectal attention given to Spinners' orders.
Carre
•poDdence solicited.
BkrsKxsoBs.— Third and Fourth National Bankfl
•ndrroprlttoraof ToiCuBOMioiJi. ...^
OR-
Unpaid
NET
1,
Company
$6,914,147 79
1879
tiOOO.OOO 00
...
losses, etc
bUR^'LUS, Jan.
r,617,189 85
851,499 00—
1,
1819..
2 Cortlandt
St.,
JAS. A.
4,886,683 85
$2,045, 468 94
New
ALEXANDER,
York.
Agent.
United Stales Board of Management,
JV.E'F
H.
Farley,
J.
COTTON FACTORS,
COMMISSION MERCHANTS,
O Box
ASTOR,
York.
and
Special nersonal attention to the purchase
CONTRACTS FOR FUTURE DELIVERY
C UTTOS.
of
''
OF
Liverpool
BOSTON, MASS.,
Geo. Copeland
&
STOCKS,
BONDS,
NEW YORK.
HENRY
Asst.
Deputy Manager.
LyOmmerctal
Felix Alexander,
LJntoit Ins. LyO,
COTTON BROKER,
Entire attention given to purchase of
for
PULSFORD, Resident Manager.
W. EATON, Deputy Manager.
&C.,
AUGUSTA, GEORGIA.
ORDER
E.
GEO. W. HOYT,
Orders In " Futures" executed at N.Y. Cotton Exch.
"Wm.
& Globe
45 Williain St,
JAMES
&
WILLIAM STREET,
&
Insurance Company^
Co.,
PEARL STREET. NEW YORK.
Co.,
H. Tileston
COTTON,
York.
of the
COTTON BROKERS,
136
London
CO.),
all
WUUam St., New
sale
COTTON BUYERS AND BROKEKS,
No. 95 WATER STREFT
Agencies for the purchase of Cotton at
principal Southern Markets.
54
Office
Almy & Co.,
GRAY &
Esq.
MANAGERS,
Nevff
3,909.
:
CHAS. E. WHITE, SAM. P. BLAGDEN,
132 Pearl Street,
P.
FORK
SOLON HIIMPnRBYS. Ch'r'n,(E. D.Morgan & Co
DAVID DOVV'f), Eaq. (Uavid Dowa & Co.)
E. P. FABBRI, Esq. (iirexel, Slorgan i&Co.)
Hon. S. B. CUITTENDEN.
EZRA WHITE. Esq.
J. J.
FINANCIAE AOEMTS
'Future " orders executed at N. Y. Cotton Ezch'ge.
F. Wheless
iETNA
DERS FOR FUTURE CONTRACTS.
25
Waldron
Insurance.
North British
Mohr, Hanemann& Co.,
& Mercantile Ins. Co.
COTTON BROKERS,
OF
123 PEARL STREET,
LONDON AND EDINBVROH.
..
>-0l(niments.
OFFICB.
BKOADW^AY.
U
Hio.
York.
rlor the purchate or sale of contracts for future deUrerj of cotton. Liberal advances made on con-
Co.,
Orders left with Messrs. ISKLIN & BARKER
Broad at., will receive immediate attention.
No.
Re-Insurance f nnd.
^
(Successors to
Schroeder,
&
Iselin
MEMBERS CHICAGO BOARD OF TRADE.
Totai Assets, January
Capital
H. W.HANEMANN,
WU.MOHB. CLEMENS FISCHER, of
Son
J. T, Uanemann,
late of Knoop, Uanemann & Co.
1841.
GILLIAT SCHROEDER
-Henky U. Ware.
CO..
OF HARTFORD.
PEARIi STREET,
NKW YORK.
Advances made on Conslgamenta.
^
John H.
Insurance
or the purchase or sale of Contracts for Future
Co.,
MERCHANTS AND BANKERS,
BROAD STREET, NEW YORK,
«4
A
UABCOCK BllOTHERS &
50 Wall Stkebt.
NEW YORK
Special attention given to the execution of order
/)eUver7.
Dennis Perkins
Receive consl^Baents of Cotton and other Prodnce.
and execute ortiers at the Kzchangcs In Liverpool.
Represented In New York at the ofllce of
No. 36
Bennet & Foulke,
commssiow merchants,
AND
street, N.
BABCOCK&CO.
COMMISSION MERCHANTS,
17 Water Street, lilVERPOOIj,
OPTIONS BOUGHT AND SOLD.
EZCHANGK PLACK,
New York.
brders executed at (be Cotton Exchanges In New
TorV and vii<erpo»l »»d i4vtaus made on Cotton
andotherprodaceconajgnei toBB, or to our corrependents In L:."rpool, Messrs. B. Newgass & Co.
andMeasrs'L. Roseuhelta A Sons.
COTTON FACTORS
140 Peart
AND
COTT»N COMMISSION MERCHANTS
No. 10 Old Slip, New York.
.
Gwynn & Co.,
Fielding,
.
commssioN merchants,
jneMn. FINlAlf, MUIH & CO.,
CALCUTTA AND BOMBAY.
TUTURB CONTRACTS FOR COTTON bought
and sow on Commlsaion
DUEB & CO
Montgomery, Ata.
LEHMAN
Cotton AND Factors
Advances made on ConslKnmenta to
.BleMra. JAMES FINI.Air 4c CO.,
LIVERPOOL, LONDON AND GLASGOW.
Co.,
BANKERS
BRO'S,
-COJimiSSlON OTKKCHANTS,
8 SonlU
I,£UHA.N,
KcwC.-ieans, La,
&
Jemison
S.
B. F.
SOV^HERW SECVRITIES.
erders for
Special attention paid to the execution of
E.
MOODT & JEMISON, Galveston, Texas,
LOANS MADE ON
dTRnces made on ConslgnmenU.
Ubera
20, 1880.
Cotteu.
Cotton.
Cotton.
«o«. 74
[March
COTTON
(OF LONDON),
c?
SPINNERS and EXPORTERS
ALFRED
COBBIBPONCXfiOI SOLIOITID.
References :—National Bank of Augusta, Georgia
Henry Hentz & Co., Commission Merchants Ne^
York; William B.Dana* Co., Proprietors Cokkkb
ouL AKD FisAKOLU, CsBOViou, wA Other New
Toik Ha >>
PELL,
Resident Manager,
3r
&
39 Wall
Street.
@FedFRASER