Full text of Commercial and Financial Chronicle : March 29, 1879, Vol. 28, No. 718 [Copy 1]

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MERCHANTS’

HUNT'S

MAGAZINE,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES-

CONTENTS.
THE CHRONICLE.
Mr. Sherman’s Provision for
Bond Settlements

Latest Monetary

April
311

Propositions for Tax Reform
312
Tne Berlin Trenty and the Settle¬
ment

in the East

Money Market, U. S.

and Commercial

English News
Commercial

and

Miscellaneous

Banks, etc

314
316

News

313
THE BANKERS GAZETTE.
General Quotations of
Securities,

Railway Stocks, Gold Market,
Foreign Exchange, N. Y. City

Stocks and

Bonds

319

Investments, and State, City and

317

325

Corporation Finances

THE COMMERCIAL TIMES.
Cott mercial
Cotion

NO. 718.

SATURDAY, MARCH 29, 1879.

VOL. 28.^

£29 I Dry Goods
334
‘29 Imports, Receipts and Exports.... 335

Epitome

333

Breadstuff 8

JTltc Chronicle.
The Commercial and Financial Chronicle

is issued

on

Satur¬

day morning, with the latest news up to midnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE

postage)

For One Year, (including
For Six Months
ao
Annual subscription in London

IN ADVANCE:
$10 20.

by the Secretary, since a single false step, or even a
hesitating course, is quite sure to work harm.
We are very glad, therefore, to have new evidence
that the situation is fully appreciated by Mr. Sherman.
His letter of this week (March 23) to Treasurer G Ifillan,published in another column, covers the very points
which were causing anxiety.
Entire confidence is now
felt among those most interested in these bond settle¬
ments, that no disturbance of the money market will be
This

is

allowed to

result from that

the

satisfactory because of the many rumors
been
in circulation during the past

more

which

have

week.

It

can

do

no

harm

cause.

now

to state

assurance

that six of

.

our

•4.

have, in the aggregate, on their books
Treasury for subscriptions to the four per
cents, 190 millions; of course, back of these banks are
associated banks

as

due the

private bankers who are conducting the conversions.
(including postage)
£2 6s.
But, coupled with the above statement of indebtedness
do
Sixmos,
ao
do
1 7s.
by
Subscriptions will be continued until ordered stopped
a written order, or
at the publication office.
The Publishers cannot be responsible for Remittances (which was known to be a fact), the further suggestion
unless made by Drafts or P*st-Offiee Money Orders.
found circulation (which was not a fact) that only 90
London Office.
millions of called bonds had been deposited with the
The London office of the Chronicle is at No. 5 Austin Friars. Old Broad
Street, where subscriptions will be taken at the prices above named.
Treasury, leaving, according to this rumor, for settle¬
Advertisements.
ment during April and May by these six banks, 100
Transient advertisements are published at 25cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal dis¬
count is made.
Any one can see that if there really were such
Special* Notices in Banking and Financial column 6U cents per millions.
line, each insertion.
balances to be adjusted, as this statement indicated, the
dana,
WILLIAM B. DANA & CO. Publishers,
I
FLOYD, JR. f
79 & 81 William Street, NEW YORK.
utmost care would be necessary to prevent disturbance.
Post Office Box 4592.
The truth is, however, that between 75 and 85 per cent
fW“ A neat file-cover is furnished at 50 cents; postage on the same is 18 of all the called bonds maturing in April and M >y have
cents. Volumes bound for subscribers at $1 20.
been already received at the Treasury.' This we have
fW’ For a complete set of the Commercial and Financial Chronicle—
July, 1865. to date—or of Hunt’s Merchants’ Magazine, 1339 to lo71, inquire from a source that ensures its
accuracy, and of itself
the office.
changes at once the whole situation, leaving, as it does,
MR.
SHERMAN'S
PROVISION POR APRIL only about 20 per cent of the total for the two months
BOND
SETTLEMENTS.
to be prov’ded for.
Furthermore, the letter to Treasurer Gilfiilan shows
It is unquestionable, that early in the week a feeling
of decided uneasiness widely prevailed, in view of the that whatever balances remain will not be called in
April settlements for the four per cents purchased in except as paid out for called bonds. Under Sec. 5,153
January. The relief afforded by the publication of Mr. of the Revised Statutes there seems to be abundant
Sherman’s letter of the 12th of March, was only tem¬ reason (especially when we study the course of previous
porary, because the course subsequently pursued by him legislation authorizing depositaries) for holding that the
failed to meet expectations, and raised new doubts. Secretary has full power to draw his checks directly on
That letter, however, and the immediate improvement the depositary banks, so that the money need not go
following its appearance, and also the new relief which into the Sub-Treasury at all. The first half of that
has now come, well illustrate how largely the monetary section is as follows :
6 10.

.....

,

william

.

the

...

.

b.

JOHN G.

at

within the control of the Secre¬
tary. This conditiou of affairs is of course undesirable^
but it is fortunate for the public that it has occurred at
a time when the management of the department is under
situation is at present

wiser direction than has sometimes ruled

there.

And

5,153. All national banking associations, designated for
by the Secretary of the Treasury, shall be depositaries

Sec.
pose

that pur-a

of public*

except receipts from customs, under such regulations as may he
prescribed by the Secretary; and they may also be employed as financial
agents of the Government; and they shall perform all such reasonable
duties as depositaries of public moneys and financial agents of the Gov¬
money,

ernment

as may

he required of them.

provision appears to make these banks general
the time being, of
the action of the depositaries and financial agents of the Government,
Treasury, cannot be kept too constantly in remembrance authorizing them as such to perform all duties which
yet the fact of this dependence, for
the commerce of the ciuntryupon




This

312

Being, therefore, in this case
appointed agents for refunding purposes, they could hold
this money, if the Secretary so desired, to be checked

may

be required of them.

[VOL. XXVIII.

THE CHRONICLE.
that to

carry

out the

idea fairly we must include

in the indebtedness. The second is aimed to
reach the quite common practice of temporarily buying
bonds, or of otherwise putting capital into them techni¬
out for each called bond as presented for payment.
Such a plan would remove any possibility of derange¬ cally but not really, for the sole purpose of escaping as¬
sessment upon real estate.
Whether this plan should or
ment, as the money would not for a moment be locked
would be held to be a virtual taxation of bonds, need not
up; and since the law apppears to authorize it, its sim¬
be considered now, for its inexpediency is evident. The
plicity and effectiveness certainly recommend it.
belief of the committee “ that no person claiming
But if that system is believed to be undesirable, and the
deductions on account of indebtedness will own and
Secretary prefers, as his letter indicates, to make payments
hold United States securities unless for the fraudulent
only through the Sub-Treasury, he has abundant means
for redeeming the bonds first, that is paying for them, purpose of evading taxation,” is equivalent to the belief
that no bona fide owner of such bonds will be in debt;
and then, when that is done, drawing on the banks for the
amount to reimburse hiarself.
In this way the money this is an absurdly broad statement, for although there
is abundant evasion of tax by means of bonds, there
would not go out of t' e banks and into the Sub-Treas¬
are innumerable
cases of honest ownership combined
ury before a correspo * "ing amount had come out of the
with actual debt. The proposed remedy would strike
Sub-Treasury and b' n deposited in the banks. That
is what we understand the Secretary directs to be done every bondholder, however, excluding him from all
benefit of such deductions. Furthermore, instead of
by his letter. But some doubt is expressed as to whether
that is the meaning intended. The point to be guarded simply making oath, as now, that he has no personal
estate above his indebtedness, the person asking deduc¬
against is, any withdrawal of funds from the channels of
tions must make an affidavit setting forth in detail, the
commerce, even for a day or two ; for, of course, where
items of his indebtedness separately; the name and resi¬
the operation is large and is being repeated constantly
dence of the creditor to whom such is due; the nature
through two months, if there is a delay of only a day of its
origin; whether it is joint or individual; whether
or two
in each case, it amounts to an absolute and
he holds any securities, or any other person for him,
decided contraction of loanable funds.
The bank
against the debt; that the debt is a legal claim; and that
reserves being already low, makes special care in this
he neither owns nor is interested in any United States
respect imperative.
bonds.
It need not be a surprise, however, even if there be
The annual report of the State Assessors devotes
no friction in Government operations, to find the rate
a number
of pages to setting forth, with indignant
of interest ruling higher.
The condition our money
market has been in for many months, and even years, emphasis, the inequalities and absurdities of the present
assessments.
Local assessors are required by law to
is not a natural or healthy one.
Trade is now reviving,
ascertain” and report the value of personal estate; but
exchanges are becoming more active, and as a conse¬
they cannot do it, and the result is that only a fraction
quence we must expect more activity in money. This,
is reached, the personal assessment of some cities being
however, is not a cause for regret, but rather for con¬
less than the visible bank capital therein, and other
gratulation, and all that is desired of the Government is cities
escaping with less than a single widow in some
that it shall not disturb the improving tendency by
exciting distrust through an unnatural interference or adjoining town is assessed. Widows, orphans, minors,
lunatics, and those who do not understand how to dodge,
contraction.
are hit the hardest as to personal assessment.
But we
have not space to set forth- the instances of inequality
PROPOSITIONS FOR TAX REFORM.
| —the only uniform fact is the lack of uniformity.
The subject of taxation is brought again into present Most of the
suggestions of the Assessors move in
prominence by the appearance of the annual report of parallel lines to those of the Senate Committee.
the State Assessor, and by the report of the special
They renew their advice to relieve the land from
Senate Committee of Inquiry.
The latter contains a State tax, making corporations pay the State expenses ;
number of recommendations, embodied in a bill like¬
put all State taxes upon corporations ; leave to the
wise submitted, which we summarize, for convenience,
County Supervisors the question of taxing personal
in the order in which they are named.
property owned by individuals; “ and, in order to
1. That the privilege of deducting: from assessments the amount of in¬
relieve the lands in cities and villages from much of
debtedness shall apply to real estate as well as to personal property.
2. That no deductions shall be permitted to owners of United*States
taxation now paid, adopt a system of taxes upon rental
securities. "
3. That “ various societies ” now exempt, which have accumulated in¬
values of all buildings and places, lots and lands oc¬
come in rented real estate, shall be assessed upon the basis of those rents.
4. That “ foreign capital ” employed in the State shall be taxed, and
cupied for business purposes.” A bill of thirty-one sec¬
that “ the capital of our own citizens invested in other or foreign States
shall be taxable in this State, although the securities therefor may be
tions, from the Assessors, is now before the Assembly
held by agents abroad.”
5. That corporations shall make detailed returns to the State Assessors
Committee on Ways and Means, which, for this county,
of sundry specified information, from which their assessments for general
taxation shall be made up; in case of corporations doing business in only constitutes the Tax Commissioners, and for the other
county, that the State Assessors shall report the assessments to the
of the county officers, a board to
county otheers, in order that they may be entered upon the rolls of the counties three
proper towns.
determine the value of shares in each corporation
6. That insurance, railroad, canal, telegraph and forwarding companies,
he assessed on the real and personal estate in each county where their
lines of business run ; that the State Assessors apportion their gross as¬
having its business office within the county, reports
sessment upon that basis, that the county supervisors apportion the
thereon to be made to the State Comptroller ; corporate
real estate assessment to the towns where situated, and the remainder to
the several towns of the county pro rata.
capital is not to be taxed, but the stockholders are to be
7. That surface and elevated railroads be taxed for real estate.
We give the gist of these propositions in detail as a assessed and taxed on the value of their shares.
Still another bill is also before the Senate, intro¬
matter of reference and of interest, as showing what
methods of dealing with the problem of taxation are duced by Mr. Harris, which provides that stockholders
shall be assessed on their shares at market value, the
suggested, rather than with any intent of discussing
sum total
and the value being determined by the
them at length.
The first proposition is based
upon the lack of equitable reason for allowing a Comptroller as provided, at the same rate which other
deduction to personal property only,
and implies property pays for State purposes ; that each corporamortgages

|

“

one




March 29,

tion shall retain from
tax

THE

1879. J

until such tax is

paid

;

that local collectors sh%ll

Comptroller annually a list of corporations in
their district, with a memorandum of their property ;
that officers of corporations shall report to him full
information annually ; and that four State officers
named shall constitute aboard for hearing and deciding
claims of parties aggrieved.

thus before the Legisla¬
ture, having in the main one general purpose in common—
to reach corporate property by taxation.
To lighten the
burdens upon real estate and such other property as is now
reached, by reaching corporate property which has thus
far succeeded in escaping, is a plan which may be
defended on the ground of equity, and needs for its jus¬
tification only that adequate means be devised for prac¬
tically accomplishing it; but the pet plan of the Asses¬
sors, which is accepted apparently by the framers of all apparent.
these bills, is quite another thing.
If corporations alone
THE BERLIN TREATY AND THE SETTLE¬
are to be taxed for State purposes, what is to bear local
MENT IN THE EAST
taxation ? If corporations are to pay the State expenses,
When we consider the number of questions involved,
in addition to their present share of local expenses, they
will be overweighted; if, on the other hand, corporations and the peculiarly difficult character of those questions,
it does not seem altogether marvellous that the provi¬
are to be relieved from local assessment by virtue of
paying State expenses, many towns and cities will find sions of the treaty of Berlin should not all, by this
that such a lessening of the sources from which their time, have been carried into effect. It is not to be
local taxes are to be draw'n will more than offset the denied, however, that in the execution of some of its
relief from State taxation; furthermore, the very unequal provisions there has been very great delay.
Jt is
distribution of corporations throughout the counties difficult, indeed, to discover any good and satisfactory
will make the benefits of exemption from State tax reason why the prescribed arrangements should not loDg
unequal as between the counties, some having their since have been carried out in Bulgaria and Roumelia,
share of State expenses nearly or quite assumed by the why the boundary question should not have been settled
corporate property situated within them, and others between Greece and Turkey, and why the Russian army
getting scarcely any relief in that way; by this reason¬ of occupation should not have been withdrawn from all
ing, the relief to the lards will be very unequally dis¬ the territory south of the Danube. It is gratifying
Three

tributed.
„

How to reach the con¬
cealed personal property is, then, the great problem to
be solved.
As it is the rate which frightens rather than
the valuation?, the most effective measure would be
to
raise the
latter, rigidly and
uniformly, to
We
see
full values.
can
no
hope of doing
this by the independent action of the local boards. In
fact, it seems to us, if assessments were not made at
all, or, at least, not exclusively, by residents of the
county, a decided reform would be accomplished.
Perhaps, instead of the imperfect ** equalization ” now
made by them, the State Assessors could by them¬
selves in person and by their appointees do the entire
work. If the equalization were reasonably effectual,
the inequalities complained of would be corrected; and
the usefulness of having local boards in each county to
do work, as now, which has to be done over, is not

dividends due enough to pay the itself and practically goes free.

send the

.

313

CHRONICLE.

separate measures are

“ To relieve the land of all State taxes” in
*r

o

know that, at last, there
of a settlement all around.
to

is

a

reasonable prospect

is to put local taxation upon-the land, unless
The arrival of Lord Dufferin at St. Petersburg has
corporations are to be assailed from both sides; and we
must not forget that in this State the State taxation is given a new complexion to the entire relations subsisting
light and the local heavy. “ To relieve the lands in between Great Britain and Russia. We learn on the one
cities and villages,” the Assessors propose to tax rentals. hand that the Government of the Czar has no immediate
Such a tax has its advantages and its disadvantages, and intention to interfere with affairs in Afghanistan, and
may very properly be considered upon its intrinsic merits; that the Government of Great Britain, or rather of
but to offer it as a relief to the lands seems to us to indi¬ British India, will be permitted without any outside
cate a confusion of ideas.
A tax on real estate directly pressure to make what terms it can with Yakoob Khan.
falls upon the user; a tax upon rentals as such, or upon We learn on the other hand that Russia is no longer
the basis of rental values, wrould also fall upon the user, disposed to listen or lend encouragement to the malcon¬
whether collected directly from the owner as a nominal tents in Eastern Roumelia, and that the terms of the
tax on the property, or from the user as a percentage treaty of Berlin, not the terms of the treaty of San
upon the rent he pays.
A tax on fishing tackle would be Stefano, are to be carried out in the reconstruction of
a-tax upon the fish, or upon the profits of the occupa¬ both Bulgaria and Roumelia.
These are encouraging
tion, and a license tax upon the occupation would be a signs, and are, of themselves, sufficient to encourage the
tax upon the tackle. So with real estate.
The objection hope that the aspect of affairs both in Europe and in
to the proposition for rental tax, as it is now brought Asia, will soon be so changed as to justify a belief in a
forward, is, therefore, that it would not operate as an long era of peace and prosperity.
These, however, are not the only encouraging signs.
actual relief to land.
The
Greek question, as we long since pointed out in
We see from this hasty review that all these measures
these columns, although it did not receive the attention
are instigated by the complaints of real estate holders, for
they look about in every direction for new subjects for or assume the prominence in the Berlin Conference to
taxation, corporate property being especially selected which it was entitled, is one of the most vital of all the
as the fittest.
To take from local boards the work of questions connected with the affairs of the East. It has
assessing corporations and give it to the State boards is at last emerged from obscurity ; and from recent mani¬
certainly a step towards uniformity, and the propo¬ festations, we can plainly learn that the Greeks of the
sition to collect State taxes from corporations and local kingdom are fully prepared, if the necessity is laid upon
ones from land and personal estate has an appearance of them, to assert what they consider their rights.
A war
between
Turkey and Greece, in the present condition of
simplicity; and yet, as a whole, we cannot see here
much promise of practical reform. Real estate now affairs, would be scarcely less calamitous than a war be¬
bears the brunt, and is taxed fairly, except that the tween Russia and Great Britain ; for it would quite as
assessment is at haphazard; personal property hides much as the other unsettle the whole of Europe, and
this way




'riiilii«^'»y

ownin'*'1***

!5Bi5i5!W5iiwi8wi5SS^iWWS

THE CHRONICLE.

[Vol. XXVIII.

could

scarcely fail to bring about a general conflict. This the Sultan is unwilling to give. A compromise
Happily there is now the prospect of a peaceful solution seems to be the only possible solution. It may be neces¬
of the difficulty. Turkey has become more liberal in sary for the other Powers to
say what the compromise
her offers of territory, although she has not quite come shall be.
up to the demands of the Greeks ; and there is a dispo¬
sition on the part of the Powers to interfere and to in¬
BXmictavvjs (Commercial %uqUs1x items
sist on such arrangements as shall prove acceptable to
the Greeks, and yet not too humiliating to the Turks. K4TKSOP EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
"With the removal of this boundary difficulty this second

possible cause of war will disappear.
In making these remarks we are not to be sup¬
posed to be endorsing or approving of all the arrange¬
ments of
the Berlin treaty ; on the contrary, we
consider * some of these arrangements most defec¬
tive and in the last degree unsatisfactory.
At the
same time, we consider the provisions of that
treaty
the best that could possibly be made in the circum¬
We do not blame the Christians in Northern
Macedonia and in Eastern Roumelia, who consider

stances.

themselves

Bulgarians, for desiring a larger incorpora¬
tion, and for wishing to be included in the new kingdom
of Bulgaria.
On the other hand, we cannot ignore the
claims of the Mohammedans who largely people those
districts, and of whom many are large land-owners and
•even

We

have

on

Bulgarian Sclav.
as little
ignore the disturbing effect it would
the balance of power if Bulgaria and Roumelia

united

Russia wishes them

united, and as it was
provided they should be united by the treaty of San
Stefano.
Such an arrangement would have given
Russia a preponderance of power in Europe, would
have provided for the ultimate extension of the great
Sclavic empire, south of the Danube, would prospec¬
tively have secured for that power outlets both into the
Aegean and the Adriatic, and would finally and forever
have extinguished the hopes of the Hellenic race.
We
hold, therefore, that the arrangements which were come
to at Berlin by the representatives of the Powers, in
regard to Bulgaria and Roumelia, were the best pos¬
sible in the circumstances. And so also in regard to
were

LONDON—
MARCH 14.

as

EXCHANGE ON LONDON.
LATEST

OK—

TIMS.

Amsterdam.
Amsterdam

..

...

short.
3 mos.
44

Antwerp
Paris
Paris

short.
3 mos.
*4

Hamburg
Berlin

U

Frankfort
St. Petersburg.
Vienna
Madrid
Cadiz

44

Genoa
Milan

44

1*2.2 @12.3
12.4* @12.5

44

U

days.

Bom nay

•

60

•

•

Calcutta

Bong Kong...
Shanghai

•

•

•

^

12.10

ra

@20.16

March 14.

short.

20.40

@20.67
©20.67

March
March
March
March

•»

20.49

.

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oar own

44

3

mos.
4

14.

4

20.49
23 5-16
116.50

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....

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14.
12.

March 14.
March 14.
March 14.

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25.30

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28.7% @28.12)*
28.7)* @28.12)6
28.7i/, @28.12)*
51%©51%

days.

March 14.

RATE.

short.

....

Alexandria....

TIME.

cheques

11.y2%a11.9714

44

DATE.

March 14.
March 14.

<5.27%@25.37%
*25.47 ^@25.52)*

23%@23 %

44

90

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25.47^@25.52i/2!
20.02
20.63
20.63

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Naples
Lisbon
New York

RATE.

44

native to the soil than the

mere
can

tfXLHAN<4R AT

March
March
March
March
March
March

3

14. 60
12. 3
11
6
11.
10.
10

mos.
44
44

days.
mos.
mos.
44
44
44

.

27.60
27.60
27 m

4.87)*
95%
Is. 7 7-16d.
18. 7 7-16(2.
3s. 7)id.
4 8. 11% (2.

correspondent.!

London, Saturday, March 15, 1879.
The Bank return is

very satisfactory that the directors have
found it necessary to reduce their rate of discount to
per cent,
and the state of their account would have
justified a fall to 2 per
cent. The item of loans and discounts has alone been reduced to
so

the extent of

£1,178,586, while the reserve has been augmented
by £1,021,139, raising its proportion to the liabilities of the
establishment from 47*42 per cent to 50*32 per cent. Since the
16th of October last, the reserve has increased from £8,517,000 to
£19,301,752, and the stock of bullion now amounts to £33,138,637.
Notwithstanding the prevailing ease of the money market, and
that there is a prospect of this ease not only continuing, but also
increasing, the leading exchanges are in our favor. We are still
expecting gold both from Paris and New York, and the probabil¬
ity seems to be that, as I have mentioned on previous occasions,
we are likely to witness a 2 per cent rate of discount
throughout
the Summer months. The state of the money market during
the summer of 1879 is expected to be very similar to that of 1876,
the arrangements which were come to respecting when money could be obtained at a mere trifle per cent
per
Greece. We do not blame the Greeks for clamoring for annum. Indeed, if it were possible, money would be still
extension of territory.
On the contrary, we consider cheaper, as trade is not only very slack, but all commodities are
much lower in price, and less capital is necessary in order to con¬
that in the Berlin Conference the cause of the Greeks
duct our commerce.
It is true, however, that things are looking
was shamefully neglected, and that the small measure
brighter in a few departments, though principally in the metal
of justice which was meted out to them by the collec¬
trade, but the textile industies are still languishing, and the
tive diplomatic wisdom of Europe, was little other than masters in the cotton trade have resolved to effect a further
insult.

But

admit the

difficulty of acting other¬
wise. It was the great aim of the other Powers, espe¬
cially of England, France and Austria, to hold Russia
in check.
It was the purpose, first of all, to undo the
:San Stefano arrangement ; but to accomplish this end it
was necessary to be moderate in any demands which
might be made for Greece. It was the less difficult for
the representatives of the Powers to reconcile them¬
selves to this course, since in preventing the union of
Bulgaria and Roumelia, and thus shutting off the new
Bulgarian kingdom from the waters of the JEgean,
they had actually fought and won a battle for the
Greeks. Special provision was made for Greece by the
thirteenth Protocol of the Berlin treaty; but it was left
to the two Powers themselves to perfect and complete
the details.
It was not certainly a satisfactory mode of
settling the difficulty; but it was, perhaps, as we have
tried to show, the best the occasion permitted. It is a
question whether the Greeks are to be pacified by a slice
of Albania or by a slice of Thessaly. As they cannot
have both, which they think they ought to have, they
prefer, for the sake of the sea coast, the slice of Albania.
an




we

reduction

of

per cent in the operatives’ wages.
Taken
commercial
position
of
the
altogether, the
country is far from
satisfactory, but living is comparatively cheap. There is, how¬
ever, this to ba said, viz., that we are not lending foreign coun¬
tries large sums of money to spend here and elsewhere, and thus
to promote an inflated trade.
What we are now selling to for¬
eign customers is legitimately paid for by bona fide and not
borrowed money. This is a satisfactory feature, and the position
of affairs will prove to be more encouraging when the effect of
the inflated prices peculiar to recent years ha3 disappeared.
Before very long, we shall be able to ascertain the minimum cost
of producing goods, and it will depend on the cost of production
which country is to be the largest manufacturer for the world*
If, by the aid of American supplies,we can keep down the co3t of
living, and if men will work steadily for a fair wage, there need
be no apprehension about the future of British commerce.
We
do not want the customers who borrowed money of us, spent the
greater portion here, and have never repaid the principal. The
period when so much activity prevailed has been very disastrous
to British commerce.
Prices were forced up to a high point,
wages rose considerably, much extravagance prevailed, and food
became dear.
But a re-action was evident, and it is still appar¬
ent that matters have not yet been adjusted on a sound basis.
The process, however, if tedious, is a certain one.
The half-yearly meeting of the shareholders, of the Bank of
England was held on Thursday. It was stated that the net
ten

March

THE CHRONICLE.

29, 1879.]

profits

for the half-year had been £833,455, making the
rest” on that day £3,856,282.
A dividend of 5£ per cent for
the half-year, being at 'the rate of 11^
per cent per annum,
was
declared, the payment of which will leave the “rest”
at £3,019,485.
The dividend is one perjcent for the half-year
more than for the
corresponding half of the preceding twelve

315

“

“

on

The announcement of the abolition of the Indian
import duties
all descriptions of cotton goods made from 30’a and coarser

has been received”—says the Manchester 'Juardian—“ with
good deal of satisfaction. Opinions differ with regard to the

yarns
a

amount of benefit

which

Indian

our

trade will derive from the

change. Some hold that it will be possible to secure a consider¬
months.
able import under the free list of
shirtings, madapollams and heavy
Tenders were received at the London and Westminster Bank dhooties. This view is founded
upon the fact that the duty upon
on
Thursday for the 4£ per cent Victoria railway loan of Austra¬ such goods is now so great that its abolition will be
enough to
lia.
There were about 1,400 tenders, for a total sum of
£8,400,- turn the scale in their favor in comparison with cloths made from
000. Tenders at £93 19s. and upwards received in full; and those
yarns a trifle over the limit.
Thus an 8£lb. 39in. shirting made
at £98 18s. 6d
about one-third of the amount applied for. from 30’s twist and 30’s weft, which would at present
pay a duty
There has been a moderate inquiry for money
during the week of 5d. per piece, will be offered to the consumer at a reduction in
in connection with the Stock Exchange
settlement, but the com¬ price so great as to make it preferable to a cloth made from
mercial demand has been upon a very limited scale.
Gold and yarns a trifle finer. On the other hand, it is urged that the
notes are still returning from provincial circulation,
indicating natives of India are very conservative in their habits, and that
not only that trade is slack, but that there is
increasing confi¬ they will not be easily induced to buy, at once and largely, a
dence, there beiDg less necessity for hoarding any abnormal class of goods to which they have not been accustomed. It is
quantity of notes or gold. The distinctive features of the money obvious, however, that the tendency of the present reform will
market remain unchanged. The following are the
present quo¬ be to encourage the consumption of purer goods, and thus it will
tations for money :
appear that if there be any discredit attaching to the production
Per cent. \ Open-market rates:
and distribution of heavily-sized cloths, the Indian
Per cent.
import dutiesBank rate
t
2# |
4 months’ bank bills
2if®2#
are largely chargeable with
Open-market rates:
'
|
6 months’bank bills
it.”
2#®2>;
30 and 60days’ bills
2#®2#
4 and 6 months’ trade bills. 2#:®3
The statistics of emigration from the United
3 months’bills
Kingdom, which
2#®-# !
have just been published, reflect very clearly those fluctuations
The rates of interest allowed by the joint-stock banks and
iu the prosperity of the laboring classes at home and in the newer
discount houses for deposits have been reduced, and are now as
countries which are the main
,

,

inducements to leave

follows:

Per cent.

Joint-stock banks
Discount houses at call
Discount houses with 7 days’ notice
Discount houses with 14 days’ notice..

Annexed is

1#
1#
1#
1#

statement

showing the present position of the
England, the Bank rate of discount, the price of Consols,
the average quotation for English wheat, the price of
middling
upland cotton, of No. 40 mule twist, fair second quality, and the
Bankers’ Clearing House return, compared with the four
pre¬
a

Bank of

vious years.
1879.

1878.

£

£

Circulation, including
bank post

Public
Other

bills

29,’0r,9-)5
9,720,720
23,366,650

deposits
deposits

Government securities. 14,931,878
Other securities
22,540.444
Reserve of notes and
coin

Coin

and

19,301,752

bullion

26,976,517
11,312,16 )
22,396,6)7
15,536.187
24,001,835

both departments
33.1:8,637
Proportion cf reserve

21,428,274

...

liabilities
Bank-rate
Consols

£
27,322,505
8,695,911
22,2:9,1 -5

12,754,429

in

50 32

to

1877.

2

1875.
£

=

15,993,532
19,103,570

26,638.186
10,012,167
19,694,577
13,853,215
21,805,854

8,089,214
17,902,470
13,608,887
20 374,512

14,411.018

12,601,915

10,588,061

26,499,238

37 50

2# p. c.
96#
English wheat,av.price 39s, Id.
Mia. Upland cotton...
5#d.
No. 40 mule twist
8*4d.
Clearing House return. 77,560,000

1876.
£

25,859.238

23,937,465

21,131,101

4 p. c.
94#

3# p. c.
y3#

43s. 3d.

41s. 4d.

46*21

2 p. c.
96*;
51s. 4d.
6#d.
10#d.

p. c.

93#
50s. 2d.
6#d.
Hid.

6#d.

7%d.

lid.

Is. Od.

90,026,000 102,265,000

Gold continues to arrive from

Paris, but the French exchange
this country during the last two
days. It still pays, however? to import gold from France. The
silver market has been very quiet during the
past week, but sup¬
plies have been small, and there has been very little change in
prices. Mexican dollars have slightly improved in value, there
being a moderate inquiry for China. The following prices of
bullion are from Messrs. Pixiey & Abeli'kcircular:
has been rather less favorable

to

GOLD.

Bar

Gold, fine

.per oz. standard,
.per oz. standard.
per oz.
per oz.
per oz.
per oz.

Bar Gold, refinable

Spanish Doubloons
South American Doubloons.
United States Gold Coin....
German gold coin

d.

e.

77
77
73
73
76

9

®
10#®
9 ®
8#@
3*@

76

3

silver.

Bar Silver, fine.
Bar Silver, containing 5 grs.
Mexican Dollars

per oz.

Gold.

Chilian Dollars

Quicksilver, £6 5s. Od.

8.

peroz.,
*•
.peroz., nearest
per oz., none here.
Discount, 3 per cent.

,

...

....

....
....

....
....

d.

standard, nominal

d.

d.

49#®

....

50

....

®

-;8#®
®
....

....

weekly sale of bills on India was held at the Bank of
England on Wednesday. The amount allotted was £450,000,
£132,000 being* to Calcutta, £155,000 to Bombay, and £1,000 to
Madras.
Tenders on all Presidencies at Is. 7d. the
rupee will
receive in full. Next Wednesday, not more than £350,000 will be
offered.
are

the current

rates of

discount at the

principal

foreign markets:
Bank

Open

Bank

mark’t.
p. c.
p. c.
3
2
3
2#

St.

3#

3

Madrid,Cadiz and Bar¬

4
4
4
4

2
2
2
2

Genoa.... *

4

Geneva

3#

2#
3#

rate,

Pans

Brussels
Amsterdam
Berlin

Hamburg

Frankfort

Leipzig




.

®2 #

@2#

rate,

Vienna

Petersburg

celona

Lisbon and Oporto....
New York..
Calcutta

Copenhagen.

Open
mark’t.

p. c.

p. c.

Looking back

Net

Emigrants.

1870
1871
1872
1873
1874
1875
1876
1877
1878

.

295,213

7>), 181
86.416

241,014

118,129

122,585-

138,2*22

94.2*28

79,581

91,557

44.665
38.123

81,848
77,951

69,712

The great falling off in the net emigration since 1872 is due to
the commercial crisis of 1873 which occurred iu the United

States, and to the great reduction in the value ot labor which has
place there. The effect of this charge is at onceobvious, not only upon the outward stream in 1874, but also on
the return current.
The relatively better position of the work¬
man at home since 1873
has vastly reduced the net emigration..
It may be expected, however, that the present downward move¬
ment in wages in this country will lead ere
long to a considerable
increase in the emigration returns.
The following were the quantities of cotton mamfactured
piece goods exported in February, compared with the correspond¬
ing period in the two preceding years:
since taken

1877.
To
To
To
To
To
To
To
To
To
To
To
To
To
To

Germany

.Yards.

Holland
France

r

Portugal, Az )res, and Maieira,

Italy
Austrian territories
Greece

Turk-y

Egypt
West Coast of Africa
United State?

Foreign West Indies
Mexico
United

States

of

...

...

(New Granada)
To Argentine
To
To
To
To
To
To
To
To
To

..

Peru
China and

4.101,000
7,155,200

4,580,600-

5,215,3)0
8,"98,9J0

5,829,300
7,214,200

...

Philippine Islands
Gibraltar

Malta
British North America
British West India islands and
Gu*'ana
To British possessions in South
Africa
To British India—
.

1,59!,60)

914,403

1,752,606

545,700

.11,739,900
7,305,7- 0

3,294,100
27,381,000
3.956,200

2,419,000
5,473,6)0

5,734,000

7,575.600

2,195,600
2,179,600
2 ,244,600
3,675,500
5,656,100
1,623,600
1,331,690

31,543,900
1,912,500
5,631,600
5,22%°00
2,825,100
1,327,600
5,182,10)

Straits Settlements

®6

Ceylon
...

Total unbleached

or

bleached....

643,400

4,123,500
10,731,700
LO.o, 70a
1,303,700
1,924,700
2,457,0^0
37,254.b00
3,417,70)
5,198,600
2.717,900
899,900

J,2 2,700

3,767,100

4,218,300

3,459,600

1,187,900

1,229,400

2.877,600
9,846,000

20.385,800

28,151,800
6,110,3t0
76,154,900
8,452.080
1,854,200
2,723,800
19,491,100

49,845,200
7,156,100
2,938,200
2,508,000
13,050,900*

203,912,400

204,263,490

173,240,600*

10,024 700
3,159.8)0
2,834,8)0

To Australia
To other countries

6,758.400

3,475,600

2,292,700
5s,979,300

®7

602,300"

698,100

6,163,200

28,® 91.800

6

2,*48,200
11,765,90)
1,916,000

3,084,903

Madras

5

3,771,50)
1,717,900

2,490,400

Bombay

Bengal

4.564, COO
3,767,900
5,8*8,600

2,243,900
18,092,40)
8,664,900
3,133.200
6.137,900
5,855,)00
2,082,300

3,338,9) 0

Hong Kong.,

Japan
Java

4,634,990

769,600
15,844,800
2,285,100

Republic....,

1879.

7.141,100

Colombia

To Brazil
To Uruguay
To Chiii

1878.

4,995,800
4,584,900
6,095,500

4

4®l#

emigration.
207,7c3
198,608
225,032
224,196

5-3,827

4

4®i#

Immigrants.
49,157

6

3 #®4#

stay at

over

4#

6
5

to

the tables, we find that whilst in
1872 the number of native emigrants leaving our shores was
210,494 and in 1873, 228,345, it fell to 95,195 in 1877; but there
was an increase last year to
112,902. The number in 1873 was
the highest on record since 1854, when it was 267,047.
The
following table shows the total number of emigrants of British
origin going from this country, the number of immigrants, and
the net emigration during each of the
past nine years:

...

The

Annexed

home.

or

4,249,300

THE

316
Total printed, dyert, or col'd. Yds.
Total of mixed materials, cotton

1877.

If 73.

1879.

82,831,390

77,472,400

7t>,01b,-J0G

950,309

1,060,600

1,007,000

predominating

^Total

287,694,000

Oilier manufactures of catton show
Lace and patent net

105,702

Thread for sewing
lb.
Other manufac .’s nnenumerated.£
Total value of cotton manufact’s £

734.236

produce hate attracted

250,26 *,8JG
»8 CC9
65/51
709,967

118,410
71,815
911,656

73.272
71,768

70,862

06 6:2

4,226,237

3,568,471

'

4,372,784

The trade for wheat has been

of

282,796,400
follows:

as

£
£

Hosiery of all sorts

quiet, but choice qualities
attention, and have realized

very

some

The weather has been favorable for

extreme rates.

CHRONICLE

ricultural

a

Imports

Vol. XXVIII.

Exports

Week.—The

imports of
compared with those of the preceding week, show
a
decrease in
both dry goods and general
merchandise.
The total imports were $5,803,558, against $7,075,817 the pre¬
ceding week and $7,937,063 two weeks previous. The exports
for the week ended Mar. 25 amounted to $6,098,015, against
$5 900,575 last week and $6,344,611 the previous week. The
following are the imports at New York for the week ending (for
dry goods) Mar. 23 and for the week ending (for general
merchandise) Mar. 21:
and

for

the

last week,

1.587812879—Sctrh. 187609.
work, and considerable progress lias been made during the week.
During the week ended March 8, the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to 44,491 quarters, against 35 747 quaiters last year;
and it is estimated that in the whole kingdom
they were 178,C00
quarters, sgainst 143,000 quarters in 1878. Since harvest the sales
in the 150 principal markets have been 1,516,542 quarters, against
1,217,902 quarters; while in the whole kingdom it is computed
that they have been 6,066,200 quarter.*, against 4,879,600 quarters
in the corresponding period of last season.
Without reckoning
the supplies furnished ex-granary at the commencement of each
season, it is estimated that the following quantities of wheat and
flour have been placed upon the British markets since harvest:
Imports of wheat
Imports of flour
bales of home-grown produce

1877-3.

1876-7.

1875-6

cwt.

cwt.

cwt.

cwr.

19,690,914
3,171 333
24,024,000

31.913,2^1

25,736.604

4,350,121
25,287,000

31,529.905
4,665,313
21,145,000

56,433,725
1,105,228

57,340,218
1,062,043

46,8*6.312
6 73,721

58,703,507
134,325

55,328,497

55,278,175

45/262,591

5 ,573,982

40s. 4d.

531. 3d.

49i. It

45s. 9d

TotaE

Exports of wheat and flour
Result

Aver, price of Eng. wheat for

1878-9.

season

3?725,724
23 069,300

The

following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the first of September to the close of last week,
compared
with the corresponding period in the three previous years:

FOREIGN IMPORTS AT NEW YORK FOR THE

Dry Goods

1877.

1878.

$2,027,327

$1,946,801

$1,942,845

General mdse...

3,583,255

Total week
Prey, reported..

$5,610,582

74,187,032

Tot. s’ce Jan. 1..

$79,798,214

$76,487,995

In

1877-8

1876-7.

Wheat

31,529,9: 5

Barley

19,6! 0,921
7,581,259
5,404,10 j

802,211

7.860,7o6
6,019.116
973,544

:5,c81.402
4,360,121

2,191,943
15,931,471
4,665,313

Oats
Peas

Beans
Indian Corn
Floor

31,913,2B

763,379

5,499.420
5 077,794
914,017

2.406/35
16,60 *,695
3,171,333

?/>3Mm2
11,6V<,552
3 725,724

EXPORTS.

Wheat

......

Barley

Oats
Peas
Beans
Indian Corn
Flour

1,025,961
82,557
68,03)

602.930
18,828

322,COO
16,206

70,556

156/490

14.697
11.546

1\933

75,530
36,C8>

261,145

2:2.601

61,913

w

...

17,363

16.768

4,915
25,624
12,125

„

20,741

English Market Reports—Per Cable.

The

daily closing quotations in the markets of London and
Liverpool for the past week, &3 reported by cable, are shown in
the following summary:

$7,638,271

$6,893,801

$5,803,558

08,849,724

63,308,271

64,880,116

report of the dry goods trade will be found the imports
dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports for the week ending

of

Mar. 25:

•

-

EXPORTS FROM NEW YORK FOR THE WEEK.

1877.

1878.

1879.

For the week...
Prev. reported..

$4,410,423

$3,952,107

$6,948,985

$6,098,015

51,211,353

56,700,002

Tot. s’ce Jan. 1..

$55,621,776

1876.

•Silver, per oz
Consols for money
Consols for aecouilt
V. 8. (is <5-20s) 18(i7
U. 8. 10-408.
...

U. 8. 5s of 1881
U. 8. 41-2? of 1891
U. 8. 4s of 1907
Brie, common stock
Illinois Ceutral

.

...

83

82

83

Pennsylvania

81 *2
35 4

354

Philadelphia^ Reading.
12*2
Liverpool Cotton Market.—See special report

Tli urs.
Fri.
Mar.27. Mar.28

50:{ 10

503]0
974g
9746

97110
9746

104
104 4

104
104

100*2

1004

100%
1014
24*2

1074
101 4

82

244
824

354

35

d.

x.

,

Flour (ex. State) $ bbl .23
Wheat, spr’g, No. 2, lOOlb
Spring, No. 3...
8
“
Winter, West.,n.
“
9
Southern, new
“
9
Av. Cal. white..
“
9
California club.
“
9
.

"

0

0
1
4

8
9
9

1

9
9
4

5

Cora,mix,sft,old,^Jcent’l 4 74
Prime,

“

new

4

Mon.
X.
</.
23 0

5*2

4

b

i
4
1
5

74

54

following will show the exports of specie from the port of
for the week ending Mar. 22, 1879, and also a c?m
parison of the total since Jan. 1, 1879, with the corresponding
totals for several previous years:

March.
18—Str. Wisconsin
20—Str.
20—Str.
20—Str.
22—Str.
22—Str.

Liverpool

Mex. silv. dols.

Am. silv.
Loudon
Gellert
Am. silv.
Havre
France
Fr. silver
C. of New York. .Liverpool
Am. silv.
Germanic
Liverpool
Mex. silv.
Mosel
Paris via S’hamp’tn.Mex. silv.
,

Sat.
d.

Pork. West, mess..$>bbl.52
Bacon ,Fng tTr,new.cwt.27
Short clear, new
“ 28
Beef, pr. mess, new,$?te.73

O

0
O

.

0
3

Lard, prime West. $cwt.33
Cheese, Am. choice. “ 47

O

Mon.
d.
X.
52 O
27 O
28 O
73 0
33 0
47 0

d.

Petroleum, ref
%> gal
Petroleum, si>irits •*




a:...
../a...

Wed.

d.
6

X.

23

x.

23

d.
0

Thurs.
8.
d.
23 0

7 11
9 O
9 3
9
1
9 5
4
8
4 0

7 11
9
O
9 3
9
1
9 5
4
8
4 0

7 11
9 O
9
3
9
1
9 5
4 8
4 0

Tues.

Wed.

Thurs.

d.
O
O
0
0
0
0

X.

52
27
28
73
33
40

x.

52
27
28
73
33

40

Mon.
d.

Tues.

'(V

'rr

...

bars.
dols.

dols.

Mex. silv. bars.
Am. silv. bars.
Fr. silver coin.

London

22—Str. Germanic

Am. silv. bars.

Fri.
d.
X.
23 0
7 11
9
1
9
4
9
1
9
5
4 8

4

0

d.
O
O
0
0
O
0

8.

52
27
28
73
33

40

Fri.

-

d.
O

X.

O
O
O
O

52
27
28
73
33

0

45

d
O
O
0
O

■<>
0

(

Wed.
d.

d.

Fri.

d.

d.

7%'<z'74 7%'tf*

..

'at...

Thui*s.

8

#84

.

.

.

at.

$71,640
113,865
197,700
1,000
26,000

45,477
22,000
41,850
Cl,439
7,600
112,000

($700,571 silver, and $
gold)
$700,571
Previously reported ($3,842,577 silver, and $1 43,787 gold).. 3,986,364

Total for the week

Tot. since Jan. 1, ’79

($1,543,143 silver, and $143,787 gold) ..$4,036,935

Same time in—
1878...
$2,607,527
1877
3,343,606
1876
11,530,959
1875
16,286,346

The

been

Same time in—

1874

'

1873
1872
1871

Same time in-

$7,979,048

1870

14,352,316
5,222,581
14,131,847

I860..:..
1868
1867

$6,582,314
8,797,027
14,724,399
6,513,641

imports of specie at this port for the same periods have

aa

follows

:

March.
17—Schr. S. A. Paine
17—Str. Colon

Am. silver
Am. silver

Mayaguez
Aspinwall

$3,380
2,930
2,315

Gold dust
Gold bullion...

17—Str. City

of Merida. ..Vera Cruz

,

Gibraltar...*.

Pollux
19—Ailsa

Aspinwall

Port-au-Princc
Bremen

*

Am. silver
Am. silver
Am. silver

54,505
3,484
150
2,620
14,343
375
376

Gold bullion...

800

Am. silver
Foreign gold...
Am. silver.
Am. gold

1,000

Am. silver
Am. silver

..

320

3,180
600
1,790
3,380
30,659

202,181

2,508,336

1, ’79 ($2,320,237 silver, and $390,280 gold). .$2,710,517

Same time in-

$4,428,837

1877
1876

1,473
52,477
5,426
700
992

($187,400 silver, and $14,781 gold)
Previously reported ($2,132,837 silver, and $375,499 gold)

Tot. since Jan.

14,217

Silver bars
Gold bars

Am. silver
Am. silver
Foreign silver.
Foreign gold...

City of Nassau .Nassau

689

Am. silver

Am. gold
Foreign silver.
Foreign gold...

17—Str. Mosel
’...Bremen
17—Schr. City of Chester.Nassau
San Domingo
San Domingo
IS. A. I>e Hart..Porto Plata
18—Str. Colon
Aspinwall..

on cotton.

London Petroleum Market.—
Sat.

burs.
bars.
coin.

Total for the week

Tues.

65,994,392

$60,652,109 $82,136,770 $72,092,407

Gold dust

Liverpool Provisions Market.s.

75,187,735

New York

Claribcl
Oder

Liverjtool Breadstuff* Market.—
Sat.

■

The

Money and Sto:k Market.—The bullion in the Bank
England has increased £525,000 during the week.
Sat.
Mon.
Tues.
Wed.
Mat\22. Mar.24. Mar.25. Mar.2C.
49%
d 487*
494
49Go
9()151q 901316 90 34
901516
904
9()I516 907h
901616
104
10334
1035*
1034
10334
10334
103%
103%
1003s
1004
100*4
1004
100*2
1007^
100*2
1004
101 is
101 **
101 4
1014
‘2 4*4
254
243*
234

$70,202,072 $70,083,674

our

London

of

1879.

$1,786,583 *
4,016,975

1875-6

*

'

4,950,956

5,6»1,470'

IMPOSTS.

1878-9.

WEEK.

1876.

4,705,258
1,171,723

3,995,857

Same time in—
1874
: $1,062,838
1873
666,909
1872
561,214
•
1871
2,777,007

St. Louis Kansas City &

Same time in-

1868
1867

$5,818,954
4,372,055
1,796,025
477,340

Northern.—St. Lours, March 24.—
the lorg-peridirg ciseof

The State Supreme Court *o-day decided
Col. G. Kitchen against the St. Louis

Kan as Ci y & Northern
Railway Company, to set aside the sale of that road under a deed
of trust, in 1871, to the present company, and Morris K. Jesup
and Solon Humphreys of New York.
The decision affirms the

judgment of the Circuit Court in favor of the defendants.
Tennessee State Debt.—'flie following despatch from Nash¬
ville, TVnn., March 27, gives the latest phase of the financial
question: The House to-day amended the Senate bill to adjust
the State debt at 40 cents by striking out “40’ and substituting
“50" cents, at which rate, it is believed, the Legislautra will
agree to sett e it^ if the bondholders will concur.

March

The range in prices since Jan.
cl-iss of bonds outstanding Mar.

glxc gauliers' (Odette.
NATION AL B INKS

Comptroller of the Currency furnishes the
following statement of national banks organized :
2,420—First National Bank of Leadville, Colorado. Authorized capital,
$(>0,000; paid-in capital, $00,000. James F. Eshelman, Presi¬
dent; John W. Zollars, Cashier. Authorized to commence busi¬
March 19,1879.
D

The

ft

V

I O B N

D 8.

following dividends have recently been
Name of

Per
Cent.

Company.

Railroad*.
Chic. Rock Island Sc Pac. (quar.)..

announced:

When

Books Closed.

Payable.

(Days inclusive.)

r

Amount Mar. 1, 1879.

6s, 1881
cp.
6s, 5-20s,’65.cp.
6s, 5-208,’67.cp.
6s, 5-20s,’68.cp.
58, 10-408... cp.
5s, fund.,’81.cp.
4*28,1891 ..cp.
4s, 1907
cp.
6e, cur’ncy.reg.

Registered.

Highest.

Lowest.

Coupon.

10534 Mch. 22 10678 Jan. 17 $201,075,400

$81,060,950

12,090,200
132,951,000
16,421,500
144,302,900
255,773,150
165,583.700
250,313,400
04.623,512

3,899,900
170,021,600
21,033,700
50,263,400
252,667,200
84,416,300
150,586,600

ioi^ JanV 24
102% Mch. 22
101*4 Mch. 19

x0378 Mch. 25
104

Mch. 21

102%
104%
108%
107*2
100%
100*8

99*8 Mch. 26
119*2 Jan. 4 122

Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.

2
4
4

15
28
17
20

Closing prices of securities in London for three weeks past and
since Jan. 1, 1879, were as follows:

the range
2^2

May

1. Mch.

31 to

April 21.

Mch.
14.

FRIDAY, MARCH 28, 1870-5 JP. M.
Money Market and Financial Situation.—There
considerable uneasiness in the financial markets early in the
week and a decided hardening in the rates for money.
The
prices for Government bonds were unusually depressed, but at
the lower range of values buyers came in, and on a sharp demand
for London account as well as from home purchasers, there has
The

was

rapid improvement the past two days. This improvement
was due in part to the following letter from Secretary Sherman
addressed to Treasurer Gilfillan, March 26:
been

1, 1879, and the amount of each
were as follows:

1, 1879,

Range since Jan. 1,1879.

ORGANIZED.

The United States

ness

317

THE CHRONICLE.

29, 1879. j

a

James Gilfillan, Esq., Treasurer United States:
Sir—As it is desirable to make payment of called bonds in the mode
that will least disturb the market, you will draw from the deiiository
banks the proceeds of 4 per cent bonds only when required to make pay¬
ment of called bonds, and in proportion from the several depositaries, to
the amounts held by them, as near as may be, in sums of $1,000. Money
in the Treasury received for 4 per cent bonds should lie applied to the

U.
U.
U.
U.
U.

8.

6s, 5-20s, 1867

8.

5s, 10-408

8. 5s of 1881
8. 4%s of 1891

8. 4s of 1907
State and Railroad

to State bonds

Mch.
21.

Mch.
28.

Range since Jan. 1, 1879.
Lowest.

103%
10378 103% 104
101
x03%
103% 104
106*i> 106% 106% 106*4
107% 106%
107% 107
x01% 101*4 101*4 101

Bonds.—The

have been the passage

Highest.

Jan. 23 104% Jan.
Jan.
Mch. 15 111
Feb. 11 109% Jan.

2
7
4

Mch. 24 109% Jan. 29
Mch. 26 102% Feb. 28

principal features in regard
of the new funding bill in

Virginia, substantially the compromise bill as first reported, and
the vote in the Tennessee Senate proposing a compromise at 50
per cent of the present bonds in new bonds bearing 4 per cenfr
The new 4 per cent bonds of North Carolina—or
interest.
rather the certificates for bonds to he issued—have sold here
at 56.

quiet this week, but there isperceptible
weakening
bonds
as a rule ; and while the
in
payment of called bonds before such drafts are made. When practicable,
drafts upon depository banks, for transfers of deposits, on account of higher rates for money checii* purchases, there is no depression,
proceeds of 4 per cent bonds, may be so drawn as to be payable, at the arising from free sales.
option of the bank, through the New York Clearing-House. Drafts on
Messrs. A. H. Muller & Son sold the following at auction :
depository banks in cities other than New York should be drawn a suffi¬
cient time in advance to meet

payments there.

Payment by “ called
of the date when it

bonds” should be treated as payment in money as
would under the order be required.

Very respectfully,

John Siierman, Secretary.

Bail road bonds have been rather

no

Shares.

Shares.

Brooklyn Gaslight Co... .138
Nassau Gaslight Co
70
Baring Cross Bridge Co.. 50
Wil. & Weldon RR
40
Bank of Republic
100%
145
Union Nat. Bank
200
Broadway Ins
W’msburg City Fire Ins..202*4
Irving Fire Ins
75%
Peter Cooper Fire Ins
197%
Cent. Park North Sc East
35*2
River RR
40 Grocers’ Bank
55*2
5 Bowery Nat. Bank
144

100
50
50
25
25
24
30
30
10
25
100

20 Cent. Park North & East
River RR.
Bonds.

35%,

$315 Metrop. Gaslight scrip. .102

2,000 W’msburg G’light scr. 92
market lias been somewhat irregular, with rates
408 U. 8. Life Ins. scrip
77%.
decidedly firmer, and lenders less inclined to put out money at any
2,000 Rochester & State Line
price. Yesterday and to-day, however, the demand for Govern¬
RR. 1st mort. 7s, due
ment bonds was so large to put in the Treasury as collateral that
1892
93*2
the rates to Government bond dealers fell off 6 per cent, although
2,000 Louisville <fc Nashville
RR. (Cecilia Branch) 1st
this transaction is rather a loan of Government bonds than a loan
mort. 7s, due 1907, 98
of money.
The rates on ordinary transactions with Government
and int.
collaterals has been 5 to 6 per cent, and on stock collaterals 5 to
7 per cent, with exceptions on Thursday at 1-32 per day.
Prime
Closing prices of leading State bonds for two weeks past, and
paper is slow at G per cent.
the range since Jan. 1, 1879, have been as follows:
On Tuesday the 25th it was announced that the New Orleans
banks, which suspended on the 20th, resumed full payment, and
Range since Jan. 1, 1879.
Mch.
Mch.
States.
that New York exchange at New Orleans had advanced to $
28.
21.
Lowest.
Highest.
discount, so that currency could no longer be sent there.
Jan.
6
Mch. 18 69
49
49*4 47
The Bank of England statement on Thursday showed a gain Louisiana consols
'104% *104*2 103% Mch. 5 106% Feb. 12
of £525,000 for the week, and the reserve was 51$ per cent of Missouri Gs, ’89 or ’90
Feb.
8 22% Moll. 26
*21 *2
22% 18
North Carolina Os, old
Feb. 13
35
Mch. 8 42
*35
liabilities, against 50$ last week. The discount rate is unchanged Tennessee Os, old
*34
*75
*76%
at 2£ per cent.
Silver advanced sharply to 50$d. per oz., and it Virginia Os, consol
Mch. 2844
Mch. 28 44
44
do
do
2d series.. *43
was reported in London that Germany sold £ 100,000 at that
81
*50% 79% Jan. 3 83% Feb. 27
Diet. of Columbia, 3-05s
figure.
The last statement of the New York City Clearing-House banks,
This is the price bid; no sale was made at the Board.
issued March 22, showed an increase of $283,475 in the excess
Railroad and Miscellaneous Stocks.—The stock market
above their 25 per cent legal reserve, the whole of such excess
has
shown a comparatively moderate volume of business, and in
being $4,128,450, against; $3,844,975 the previous week.
the
The following table shows the changes from the previous week
early part of the week prices had a declining tendency. To¬
and a comparison with the two preceding years.
day, however, with the better feeling in the money and Govern¬
ment bond markets, there is a much stronger tone in stocks, and!
1877.
1878.
Differ’nces fr’rn
1879.
prices at the close show a decided advance. No definite settle¬
Mar. 23.
Mar. 24.
Mar. 22.
previous week.
ment has been announced of the pending differences between
Pacific Mail and Panama.
The coal stocks are pretty well held
Loans and di£. $243,839,800 Dec.$2,484,700 $241,566,700 $259,690,200
22,391,200 in the face of a further decline in the price of coal.
39,687.500
18,803,700 Inc. 1,491,300
The trunk¬
Specie
15,732,100 line stocks are also steady to firm, notwithstanding the reduction
19,906,300
19.290,900 Dec.
44,300
Circulation .1
Net deposits
206,591,400 Dec. 3,971,900 211,938,500 221,820,000
Northwest and St. Paul are also
44,454,000 on east-bound freight rates.
29,605,700
36,972,600 Dec. 2,200,800
Legal tenders.
The firmness in prices
among the strongest stocks of the list.
generally indicates a strong undertone in the market, and should
United States Bonds.—The market for governments was
the April and May settlements be easily effected, and the bank
much depressed in the early part of the week, hut at the lower
reserves show a good increase, the outlook seems favorable for
prices there sprang up a sharp demand from London, and it is another
upward turn. It lias generally been the rule, rather
estimated that the foreign brokers have taken nearly $1,500,000
than the exception, for the stock market to show depression
of bonds yesterday and to-day—mostly 4 per cents.
Home about the first of April.
buyers also took hold sharply at the first upward turn in prices,
The Stock Exchange has admitted to dealings the following
and to-day there was a sharp recovery in the market.
The 4 per securities:
cents sold came principally out of the Treasury, and this gave
The Province of Quebec Government loan of $3,000,000 5 per eent
rise to a sharp demand for other bonds to be left as collateral.
bonds, placed on the regular list undei; the heading of “ Foreign Govern¬
Closing prices at the N. Y, Board have been as follows:
ment Securities,” next after Htate bonds, and called Quebec os. This in
tlie first foreign government loan ever placed on the New Yor%j»xchange>
Interest March March March March March March
The preferred stock ($1,524,000) and the common stock ($2,'WO,400). of
20.
28.
25.
27.
22.
24.
Period

The money

*

.

•

Os, 1881

reg.

Os, 1881

coup.

Os, 5-20s, 1807...reg.
Os, 5-20s, 1807 .coup.
Os, 5-20s, 1808...reg.
Os, 5-20s, 1808 .coup.
5s, 10-40s
reg.
5s, 10-40s
coup.
5s, fund., 1881.. .reg.
5s, fund., 1881 ..coup.
4*28, 1891
reg.
4*28, 1891
coup.
4s, 1907
reg.
4s, 1907
coup.
Os. cur’cy, ’95-99 reg.
*

J. <fc J. 105% 105% 10544 *1057ft
*
J Sc J. 105% *105% 1057h 105 7h
J
& J. *102 l4 *102*8 *102
*102*8
*102
Sc J. 102 ‘4 102
102*8
J
& J. K102% *102*4 *102*4 *102 ^
J
J
Sc J. 102 % *102*4 *102*4 *10238
M. Sc S. 101%
101*4 *101*8 101*2
M. Sc 8. 10114 *101*4 *101*4 *1011*8
*
104
'.-Feb. 1044* 104*8 104
c i.-Feb. *104*6 104
1037h 101
(.-Mar. *1O370 10376 1035ft *103%
104
*1035* *10378
t( ;.-Mur. *104
98*4
98*4
t, (.-Jan. *98*2 *98*2
99*8
99*4
99*4
(, '.-Jan. *99*2
& J. *121*2 121*2 *121
J
121*2
.

.

.

.

.

‘

.

This is the price bid; no sale was made at the Board.




„

10(5 *4

106*4
*100*4
*102*4
102*4
102%
*102%
*101*2

100*8
*102*8
*102*8
*102*8
*102*8
*101%
101 a4 102
104% 104*4
104% *104*4
104*2 *104%
*104% 104%
98%
98%
99*2
99%
121*2 121%

the Keokuk Sc Des Moines Railway placed on the free list.
The St. Louis Kansas City Sc Northern Railway, Omaha

Division, first

mortgage bonds ($2,350,000) ordered to be placed on the regular list ou
April 1.
The stock of the Erie & Pittsburg Railroad, leased to the Pennsylvania
Railroad

($1,998,400), placed on the free list.

The new second consolidated mortgage bonds of the New York Lake
Erie & Western Railroad ($25,000,000), the first consolidated mortgage
funded coupon bonds of the same road ($3,718,1(H)),
con¬

and the second

bonds of the same road ($8,597,400),
placed on the regular list next after those of the old Erie Company.
The following bonds of the St. Isolds Iron Mountain & Southern Radroad have been placed on the regular list:
First mortgage Cairo Sc Fulton, $7,998,000; first mortgage St. Louis Sc
Iron Mountain (Ark. Branch), $2,500,000; first mortgage Cairo Ark. <te
Texas, $1,450,000; first preferred income bonds, 7 per cent and accumu¬
lative, $1,103,297; second preferred income builds, o per cent and accu¬
mulative, $4,089,000.
solidated mortgage funded coupon

318

THE CHRONICLE.

The daily

highest and lowest prices have been

follows:

as

Saturday,i Monday, Tuesday, i Wednes. Thursd’y,
Friday,
March 22. March 24. March 25. March 28. March 27. March 28.
Canada South: 60
Cent, of N. J
Chic. Sc Alton. *78
Chic. Bur. & C/ n :vi
Chic.M.& St.F.
do
pref.
Chic. & N. W
do
pref. 84-K
Chic. R. 1. & P. 128}4
Clev. C. C. & I.
Clev.&P.,guar 90
Col. Chie.&I.C.
0
Del.&H. Canal
Del.Lack.& W. 4r>%
Erie
2434
44
do pref
Han. & St. Jo. 14%
do
pref. 43
Illinois Cent.. 80*.»
Kansas Pacific 19
Lake Shore.... 69)4
Mich. Central. 8r>
Mo. Kans. & T.
Mor. & Essex.. *82
N.Y.C.& H. K. 113
Ohio & Miss...
10
Pacific Mail...
1234
Panama
*125
Pitts.F.W.& C. 106
St.L.I.Mt.&So. *
8
St. L. K.C.&N.
do
pref. 31
St.L.& S. Fran,
6341
do
pref.
7-**
do 1st prf. 17%
.Sutro Tunnel.
Union Pacific. 69%
.Wabash
19*4
West. Un. Tel. 102-H

5934 60
35J* 37X
79-M 79*4

..

•

..

.

*

These

are

5734 59 ! 60% 6034 60
35% 36% 30% 37
36%
78 ~ 78 j 78
78
*79%

iu-y±

.vv

81?
55
55
5534
55% 55% 57% 56% 57% 57% 59%
84% > 8434 85
8534
8534 8634 85% 86%! 86% 87%
130
1251% 129% 130
12934
13034 18«3| 130*4:131
132!
40
40%
40%,*40
4034 *4034 42
41% 41%
91
90% 90
90% 90
90% 9034 9034! 90% 90% 91
5
5
5
*4%
534' 5
*4%
5 | *4%
39
40
38%
39
38% 38% 38% 39]
39%! 38%
40*4
46% 45% 4634! 44% 45% 45J4 46% | 45% 46]
45% 46%
2:134 2 434 ' 23% 23% 2334 24%! 23% 24*4 23% 24%
44
44
4334 4334! 43% 435
| 4234 43
14 H *14% 15 1 15
15
15% 1534 15*4 153
43
4234 42%; 4234 42% 43
43%; 4334 43%
8034! 79% 7934 7934 75)% *79% 81
80% 80
20
15)
15)% 15)% 19%
19% 19%!....'
7034 68% 70 | 00% 65)% 69% 70% 70% 70%
84% 82*4 83% 8234 83 | 83% 84% 83% 84%
5)
|
s%
8%
8%. 8%
5)
9
9
9%
9%
9
81
83
83
8334 82% 8234 8234 8234 82% 82% 83
113
112
112%. 112% 113 1113
113% 113% 11334 114
114
10%
9% 10%' 9% 10 | io*4 1034 io*4 10% j 10% 11%
12% 12% 13% 13
13>4i 12% 13
12% 13%; 13*4 13%
130
*125 130
130
130
j *127 130
*127'
1190 130
106
*10534 106 10534 10534 x10134 4*4 103% 103% *10334 04*4
1534. *.... 15% I 14% 14%; 14% 14% *13% 14% [*13% 1434
8
7%
T-H
8 I 774
8%
8%
8%
8%' 8% 834
33
3134 32%; 32% 82% a2% 33% 32% 3:1*4
33*4 3334 34
6
6J,4
6%
5%
6%
5%
634' 6%
6% 6% 7
8
7%
7%. 7%
7%
734
834! 8%
8->g 8% 8%
1734 1734 17*4....
17% 1834| 17% 17% 1834 1834
4
4
434
3%
4 j 4
4%! 4*4. 4*| 432 4*4
71
68% 70 | 70
71
’ 71
7134i 7134 71% 71}^ 72
20% 19% 20% 20
20*4 20% 20% 2034 20%' 19% 20%
103% 102% 103% J 03 104% 104*4 105 1103% 104*4 103% 105
HI 74

81%
54%
83%
12874
40%

111334113% *13% 11434’114 11434
38% 38% 39% 38% 39%; 39% 40*4
81H 8234 82% 82% 8234 82% j 82% 8:1%

8*

.

....

were as

'Chicago & Altoii
..

4,695
38,471

3

75

3
88
Jan.
7 122% Feb.
4 48% J m.
4
85% Jan.
3
6538 Jan.
3 91% Feb.
8 135
Fob.
2
48% Jan.
0
95
Feb.
4
6% Feb.

0

Mch.

1,431 111% Jan.
343s Jan.
53,325

Chicago & North w... 126,775

49% Jan.
70% Jan.

do
do pref.
Chic. Rock ThI. & Pac.
■Clev. Col. Ciu. & lud.

50,392
448

Jan.
Jail.

Clev. A Pittsb.,guar.

1,171

84% Jan.

4,387 119

•Col. Chie.& lud. Cent

1,075
Del. &■ Hudson Caual
4,087
Del. Lack. & Western 118,565
Erie
66,540

5
33
43

Illinois Central
.Kansas Pacific
Lake Shore

Michigan Central....
Missouri Kan. & Tex
Morris <fe Essex
*N. Y. Cent. & Hud. R.
Ohio <fc Mississippi...
Paoific Mail.
Panama
Pitts. Ft. W. & Chic..
St. L. I. Mt. & South.
St. L. K. C. & North.
do
St. L.<fc S. Francisco.
do
pref.
do
1 st pref.
Sutro Tunnel
Union Pacific
Wabash
Western Union Tel...

900

34

3,200
1,095
8,000

March ‘22...
it
•

((

it

•

“

OJ
n-y

07

28’’’

2
4
2
4
10

Jan.

79% Mch. 26
9% Jan. 21

69,551

67

Jan.

6

21,610
5,875

73% Jan.
5% Jau.
75% Jan.

0

2,120

Mch.
4,235 112
7% Jan.
11,020
103s Jail.
10,360
50
240
600

1-23
101
13
7

2,560
6,950

25%
3%
4%
9%
238
57%
1 17%
1 943s

4,750
5,800
2,065
4,527

6,405
23,665
49,S78

Total sales of the week in
Central
of N. J.

0

21% Jan.
3 / ^2 J ail.
13% Jau.

2,735

pref.

Jan.
Jan.
Jan.

St.
Paul.

4.200
9,346

11,620
4,750

9,600
5,325
4,200

2,200
11,150
6,600

5,800

17,005

Jan.
Jan.
Jau.
Jan.

Jan.
Jan.
Jau.
Jan.
Jan.
Jan.
Mch
Jan.

63% Mch. 15
473s Feb. 17

89

Jan. 30

90% Jan. 27

High.

38

13%
66%

85

99% 114%
27% 54%
64
84%
32% 55%
59% 79%
9838 122
23
38%
63% 85
638
2%
3438 59%
41

61%

7%
21%

22%
38

10

16%
41%

21%
723s

12%
71%

55%
58%

75

2
7%
673e 89
Feb. 18 103% 115
Feb. 17
0% 11%
Feb. 18 12% 23%

Feb. 18

Mch. 17
Feb. 19
Jan. 27
Mch. 4

were as

North- N’rtliw. Del. L.
west.
& West.
pref.

7,6.0
4,100
8,710. 10,000
8 00:)
6,500
30,025'
7,200

11,800
14,300
38,875
12,850

29,820

16,330
24,410

1%
1%
5%
3%
61%

4%
5%

n*
73

12%

23%

75% 102

follows:
Lake
Shore.

Erie.

9,175
13,300
17,040
9,590

7,575

0,860

9,725
19,100

8,500
15,810
5,400
11,016

..

The total number of shares of stock
outstanding
last line for the purpose of comparison.
The latest railroad earnings and the totals from

.

is given in the

Jan. 1 to latest
given below. The statement includes the gross earnings of all railroads from which returns can be obtained. The
columns under the heading “Jan. 1 to latest date” furnish the
•gross earnings from Jan. 1 to, and including, the period men¬
dates

are

tioned^ the second
column.
'—Latest

earnings reported.—vJan. 1 to latest da te.-^

Week or Mo.
T879.
1878.
Atch. Top. & 8. F.2d wk Mch $142,000
$80,565
Atl. & Gt. West. ..January
30*,),121 298,976
Atlantic Miss.& O.January
109,894
142,537
Bur. C. Rap. & N.3d wk Mch
25,308
26,540
■Cairo <& St. Louis.February
13,048
16,055
Central of Iowa. .January
58,060
67,111
Central Pacific...February 1,093,000
980,528
Chicago & Alton..3d wk Mch
86,449
113,959
Chic. Burl. & Q.. .January ..1,105,098 1,045,467
Chic. & East. Ill..3d wk Mch
14,75)7
14,621
Chic. Mil. & St. P.3d wk Mch 143,000
136,826
Chic.&Northwest. 1st wk Mch 212,476
235,744
■Clev. Mt. V. & D.. 1st wk Mch
6,509
6,372
Dakota Southern.January
19,705
16,430
-

1879.

1878.

$954,000

$507,980

..

309,121

..

109,89 4

298,976
142,537

.

..
.

Gal. Houst. & H..February
Grand Trunk. Wk.eua.Mch. 15
.

290,817
32,109
58,060
2,182,166
909,407
1,105,098

176,929
1,486,000
2,151,706
59,994

43,948

33,909

19,705
150,711
92,880

179,752

174,785

1,876,528

..

Dubuque & S.City.2d wk Mch




ludianap. Bl.&W.2d wk Mch
Inf. & Gt. North..2d wk Mch
Kansas Pacific.. .3d wk Mcli
Mo. Kans. <fc Tex ,3d wk Mch
Mobile & Ohio
February
Nashv. Cli.& St.L.February
Pad.& Elizabetht.lst wk Mch
Pad. & Memphis.. 1st wk Mch
Phila. & Erie
February
Pliila. & Reading.February
St.L.A.&T.II. (brs)2d wk Mch
St. L. Iron Mt.
S.3d wk Mch
8t. L. K. C. tfc No. .3d wk Mch
St. L.&Southeast. 1st wk Mch
St. Paul & S. City.February
Sioux City
St. P.February .
Southern Mum...January
Tol. Peoria A War.3d wk Mch
Union Pacific
February.
Wabash
2d wk Mch

19,716

24,285

.

..

.

.

.

.

..

17,224
27,305
76,267

3,254

24,002
23,379
67,604
53,392
188,790
155,771
6,734
5,807

237,000
877,S65
10,650

180,507
525,410
9.343

113,112

94,937

89,250
88,917
25,554

78,619
87,822

9f6,294

990,124

753.392

197,265
8 4.689
42,672

723,238
194,598

20,724

25,906
41,341
28.176

37,151
22,750

60.016
27,3 47

37,151
239,619

81,803
54,084
60,016
296.362

747,761
74,344
74,344

679,763
75,128

1,438,302

1,377,268

50.530
165,600

153,034
4.970

37,965

400,973

24,015
67.111

2,091.516
869,122
1,045,467
167,267

75,875

1,955,942

262,861

365,213
672,522
546.960
355,600
315,312

296,070
557,370
560,177
460,782
333,577
61,573
39.968
401,003
1.199,390

52,062
31,834
449,748
1,835,080

736.660

•826,179

and

on

about

4.85£@4.85£ for bankers’ 60
days sterling bills, and 4 8804.881- for demand.
Quotations for foreign exchange are as follows:
were

•

March 28.

60

Prime bankers’ sterling bills on London.
Good bankers’ and prime commercial...
Good commercial

Documentary commercial
Paris (fraucsj
An twerp (francs).
Swiss (francs)
Amsterdam

(guilders)

Bremen (reichmarks)
Berlin (reichmarcks)

The

following

are

4.85%@4.86
4.85
4.84

$4 84

Napoleons

3 83

X X Reiclimarks.
X Guilders

4 74
3 90

Span’ll Doubloons. 15 70

4.88 @4.88%
4.87% @4.88
4.86%@4.87
4.86 @4.86%
5.18%@5.15
5.18%@5.15
5.18%@5.15

@4.85%

@4.84%
4.83%@4.84

quotations in gold for various

Sovereigns

3
4
4
■2)15
@15
@
@
@

40%@
95%@
95%@
953s@
95 %@

87
79
00
95
65

English silver

...

Prus. silv. thalers
Trade dollars....
New silver dollars

..

40%

95%
95%
95%

95%

coins:

Dimes & % dimes
Silver %s and %s
Five francs
Mexican dollars.

@$4 88

Mex. Doubloons.. 15 50
103 %@
Fine silver bars
109%
Fine gold bars....
par.@%prem.
New York

Demand.

days.

5.20%@5.17%
5.20%@5.17%
5.20%@5.17%
40% @ 40%
94% @ 95%
94%@ 95%
94%@ 95%
94%@ 95%

Hamburg (reiclimarks)
Frankfort (reichmarks)

—

98 @
99
@
92
cu
85 %@
75
@
63 @
98 %@

—

95

—

86%

—

99

99%a)

—

par.

98%
99%

—
—

4 80
70
—

City Banks.—The

following statement shows the
City for the week
ending at the commencement of business on March 22, 1879 :
condition of the Associated Banks of New York

—AVERAGE AMOUNT

Loans aud

Legal

Specie.

Tenders.

8,211,80)

*
791,500

1
1,393,030

5,504.803

530,400

301,600

6.312.600

481,900

866,700

5,839,500

Sil.800

4,053,800
7,73 >,300
2.401,003
7,231,000

262,409
301,500
268.000

344,500
532,000

Capital. Discounts.

Banks.

New York
2,000,000
Manhattan Co.... 2,*50,000
Mechanics'
2,030,000
Merchints’
2,01)0.003
Union
1,200,000
America
3,000,030
Phoenix
1,030,000

1,000 00)

City

Tradesmen’s
1,000,000
Fulton
6 0,000
Chemical
300.000
Merchants’ Exch. 1,000,000
Gallatin National 1,000,000
Butchers’ADrov.
300.000
Mechanics’ & Tr.
300,003
Greenwich
200,000
Leather Mauf’rs.
600,000
Seventh Ward..
300,000
State of N. York.
800.000
American Exch.. 5,000,000
Commerce
5.003,000

Broadway

1,000,009
1,000,000
422,700
1.500,000
450,000
412,500

Mercantile

Pacific

Republic
Chatham

People’s
North America..
Hanover
...

Irving
Metropolitan.
Citizens’
Nassau

.

..

.

.....

Market
St. Nicholas
Shoe and Leather
Corn Exchange..
Continental
Oriental ...., ...
Marine

700,000

1/00,000
500,000
3,000,000
600,000
1,0)0.000
500,000
500,000
500.00)

1,000,000
1,030,000
300,000
400,000

Importers’&Trad 1,500,000
Park

2,000,000

Mech. Bkg. Ass’n
500,000
Grocers’
300,000
North River
240,00(4
East Kiver
250,000
Manuf’rs’A Mer.
100,000
Fourth National. 8,200,000
Central National. 2,000,000
Second National.
300, COO
Ninth National..
75;),000
First National...
500,000
Third National.. 1,000,000

N. Y. Nat. Exch.

Bowery National.

300,000
250,000
2.0,003

New Y ork County
German Americ’u

750,000

Chase National..

300,000

1.817.463

2,398,492
62,740
16,430
215,059

221,777

Exchaiijre.—Foreign exchange ruled firm to-day,
actual business the rates

87

4

Total
38,471 53,325 126,775! 50,392 118,565 66,540 69,551
Whole stock. 206,000 154.042 149.888 215.256 524.000 762,000 494.660
.

.

.

45%
45%

Mch. 13

7% Mch. 14
Mch. 14
Mch. 18

leading stocks

41,720

1878.

Feb. 20 112
131
102
Jan. 24 85
5
Jau. 24
15%
Jan. 25
3%
7%
3838 Jan. 30 19
26%

8

11,250
11,342

25
30
10
17

22% Mch. 7
74% Jan. 28

21
9%
23
19%
16
4%
31
81
13
25
7 108

.

10
11

45% Jan. 24
55% Jan. 27

4
11
3 86%
24 120
4
13
13
15%
2 136
4 107%
2
17%
2
9
O

28
19
28
28
27
19
18
30

27% Jan.
51% Jan.
16% Feb.
45% Mch.

Range for
Low.

Highest.

45% Jan.
33% Jan.

74% Jan.

..

in prices for 1378 and

Lowest.

13,480

pref

made at the Board.

Prices since Jan. 1, 1879.

316

Chic. Burl.& Quiucy.
Chic. Mil. &St. P..
do
do pref.

was

follows:

Sales of
Week.
Shares.

Canada Southern....
Central of N. J

•

.

...

-

do

Latest earnings reported.■Jan. 1 to latest date.WeekorMo.
1879.
1878.
1878.
1879,
Gr’t Western.Wk.end.Mch.21
82,469
89,530
983,237 1,128,434
Hannibal & St. Jo.2d wk Mch
44,137
359,977
37,303
333,745
Houst. & Tex. C..February
241,315
502,061
205,883
445,085
Illiuois Cen. (Ill.)..February
379,377 380,048
829,958
867,798
do
(Iowa).February
95,866
131,339
196,439
268,243

....

Total sales this week, and the range

do

80

38

the prices bid ana asked; no sale

-Hannibal & 8t. Jo.

*78

80

113% 1133a 11334 114

since Jan. i, 1379,

do

60*4 6034
36% 38

6034
3734

.

[V<H- XXVIII.

*

1,007,700
314,000
803 1,037,000

975
29 ■‘,000

2,906,303
1,497,800

4 >2,8)0
197,100
1,501,300 2,445,600
20.3.700
361,500

11.0'9,900
3,(97,200

3.372.700
1,196,630
1,169.000

.

469,700

168,000
24,0)0

•207.000

92,600

19,200
211,100

3.499.900

329.700
52.900

426,9)0
333,800

103,500

392,200
623,700
95,200

142,300
333.500
173.900

61,200
9.7(H)

413,200
11,714,000 1,306,000
667,000
15,156.01*0 1,203,900 1,641,600
649.400
5.214.700
217,200
2,181,100
3,60 >,10.)
2,962.990
1.306.600

107,000
57.9)0

50,000

1,727,200
5,5hl,000

477,100

2.077,700
11,801.000

121,900
347.000

1,4 >6,000
2.113.900
2,091,500
1/09,500
2,874.000

122,700
18,900
28,300

3.267.700

528 00

562,700
767,930
738,100

22 3,000

328,000
42.200

261,000

1,077,0:0
445,000
165,000
2,270,000
197,000
3,321,000
8.241.300 2,129.900

1.405.900
1.160.600
1,082,200
1,902,100
2.915.900

1,491,300
2,200,800

222.000

93.900

63,000
1,997,800
987,000
420.000

658,000
716,200

748,300 1,070,700
47,400
165,000
32,000
212,000
7,900
377,200
139,800
212,600
66,400
386,300

6.182.700

Inc..
Dec.

401,70*1

100

94,600
1,500

4)4,703
13,264.300
7,408,000

$2,434,700

341,100
1,543.000
393.200
290,600

15,900

15.523.400
11,323,330

Dec.

2)5,00)
783.000

780,400
41.900
200,00)
554,00)
7,600
1,017,400 3,740.500
246,900 3,467,000
31.300
120,700
81.800
40,800
49,600
127,900

3,763/00
1.344.300
2,277,400

Deposits.

Circula
tion.

S

$

8,091,500
3,602.600
5,247,500
4,375,100
2,99i,600
5,156,400

2,176,000
7,240,500
1,809,900
1,269,400
10.813,400
2,397,000
1,802,3)0
950,700
917,000
709,300
2,045,800

44,000
500

81,800
44,500

117,800
1,100

213,000
....

775,300
42*1,700
528,700
259,200

192,000
2,700
304,200

792,800

34,000
45,000
1.426,800
180,000
7,9U,COO
8.410,600 1,62 >,700
3,667,800
845,100
3,141,100
179,800
1,960,000
1,909,500
2,816,700
l,OS4,noo

540.100

400,300
5,400

1,478,100
360,070
5,239.600
189,500
1,915,200
7,655.000 2,228,000
246,900
1,623,300
3,900
1,958,8)0
344,200
1,678,600
450,00!)
830,0u0
2,433,300
447,000
4,700
1.800,400
780,300
3,085,000
f.212,600
350,000
2,103,000
16.988,900 1,089,300
.

-

-

-

.

_

14,074,000

534,90)

452.800

307,200

430,400
727.100

136,400
538,900
405,700
11,6:35,800 1/65.900
5,9 :2,000

2.352,000
3.247,000
9.442,700
6,308,700
841,000
802.000

1.206,700
1,679,100
1.549,900

1,474,000
269,0)0
357,000
45.0C0
798.408

263,200
225,000
180,000
270,000

18,803,703 36,972,600 206,591,400 19,290,900

The deviations from leturns of

Specie.
Legal tenders..

81,300

720,590
2,520,390
85),100
1,5>5.400

Total
60,875.2)0 243,839,800
Other than United States.

Loans

177,000

OP

♦Net

previous week
Net

deposits

Circulation

are as follows:
Dec. $3,971,900
41,300
Dec.

March 29,

THE CHRONIC LE.

1879.]
GENERAL

QUOTATIONS

STOCKS

OF

319
AND

BONDS.

Quotations in New York represent the per cent value, wkatevor the par may be; other quotations are frequently male per share.
The following abbreviations are often used, viz.; “M.,”for mortgage; “ g.,” for gold; “ g’d,” for guaranteed; “end.,” for endorsed; “cons.,
for consolidated; “ conv.,” for convertible; “ s. f.,” for sinking fund; “ 1. g.,” for land grant.
Quotations in New York are to Thursday; from other cities, to late mail dates.
Subscribers will confer a favor by giving notice of any error discovered in these Quotations.
Bid.

United States Bonds.

Ask.

reg

do

6s, 5-20s, 1867
6s, 5-20s, 1867
6s, 5-20s, 1868
6s, 5-20s, 1868
5s, 10-40s
5s, 10-dOs
5s, funded, 1881
5s, funded, 1881
4Vb1891
4Vb 1891
4s, 1907
4s, 1907

1
6s, non-fnndable bonds
Var
6s, consols, 1893
J A Ji 75
Tennessee—6s, old, 1890-98 ..J & J! 34
6s, new bonds, 1892-1900...J A J 25
6s, new series, 1914
J A J 25
Texas—6s, 1892
M ASt 103
7s, gold, 1892-1910
M ASt 112
7s, gold, 1904
J AJt 113
10s, pension, 1894
J AJt 101
Vermont—6s, 1890
J AD 112%
Virginia—6s, old, 1886-’95
J A J 34
6s, new bonds, 1886-1895...J A J 34%
6s, consol., 1905
J A J 77
57
do
6s,
ex-coup., 1905...J A J
6s, consol., 2d series
J A J 44 hi

reg..J & J'j106*8 106 V
coup..J A J lOGis 106%

6f*, 1881
Called Bonds

coup
...reg.
.coup.
...reg.
.coup.

.

....
....

Ask.

...JAJ 1021s 10238
...JAJ 10218 1023?

...JAJ 10238110258
...JAJ 1023s! 1025r
..MAS 101 3g; 101
..coup. ..MAS 10158110178
...reg. .-Q-F 104^ 10438

..Q-F 10414(10438
.Q-M 10414; 1041*
..coup. .Q-M 10458; 105
98 hr 985s
...reg. ..Q-J
coup.
Q-J 99hr 995sj
.coup.

...reg.

6s, deferred bonds

7^4
80

Tax coupons

.

-Q-J 99 V 9958
L.reg. ...JAJ 1213s 12158

1%

;

82
36
28
28
105
113
115
102
114

;
!

|

!
!

STATE SECURITIES.
Alabama—5s and 8s, fundable. .Var.

8s, Mont. & Euf
8s, Ala. & Chat
JAJ

:

Arkansas—6s, funded, 1899 ..J
7s, L. R. & Ft. S. issue, 1900. A
7s, Memphis A L. R., 1899..A
7s,L. R.P.B.AN.O., 1900..A
7s, Miss. O. & R. Riv\,1900..A

20

&
A
&
A
&

J
O

O
O
O

75
54hi
10
1
1

1
1

7s, Ark. Central RR., 1900. A A O
1
7s, Levee of 1871, 1900
J & J
1
California—6s, 1874
105
.Connecticut—5s
t

JAJ!
JAJ
JAJ* 97

JAJ*!

Atlanta, Ga.—7s

I

;

.

Q-J 111%

-

Q-M 111%

.MA S
MAS
..JAJ
JAJ
JAJ

6s, bounty, 1893.
6s,
do
exem

..

.

5s, new 1916.
Bangor. Me.—6s

102h>

104

loan(Leg.)6s,

1902 Var.

104

i
Var.

50
38
38

g.,

Elizabeth, N. J.—7s, short
7s, funded, 1880-1905
7s, consol., 1885-98

AAO

1

112
112
114
117

1

117

|107%
60
47
47
46
112
103

1111-2

102

103

Harrisburg, Pa.—6s,coupon.. .Var.* 102
Hartford, Ct.— City 6s, var. dates..t 102

105
107
117
102
110

t

115

Houston, Tex.—10s
6s, funded
105 h2
91
7s,
do
1899-1902
J A J 97
7s, sewerage, 1878-’79
J A J 95
7s, assessment,’78-79. J A J-MA N 95
7s, improvement, 1891-’o4—Var. 95
7s, Bergen, loner
J A J 97

Indianapolis, Ind.-7-30s,’93-99. JAJ
Jersey City—6s, water, long, 1895..
;

106%

101
111
105

FA At

Fitchburg, Mass.—6s. ’91,W.L.. JAJt

20
109
95
100
100
100
100
100

Hudson County, 6s
AAO
do
7s.MAS and JAD

Bayonne City, 7s, long...
JAJ
(Lawrence, Mass.—6s, 1894. ..AA Ol 111% 112hi
Long Island City, N. Y
M 90 100
106hs
Louisville, Ky.—7s, longdates. Var.t 104

103 hi
99hl 100 hi
Var.t 99hl 100
112 **
W. L.MANt 112
J A J 101h2

Var. 103

Var.t

J A J

115

FAAt 108 hi 110
112hl
JAJ 112
102
MANt 101

=.

101
101
102

Fund.

108
7s, short dates
115
6s, long
116
6s, short
104
'Lowell, Mass.—6s, 1890,
Q—J
410
AAO
Lynchburg, Va.—6s
10734 108
I 8s
105
Var.l 104
Lynn, Mass.—6s, 1887
107
108
i Water loan, 1894-96
105 hi
..JAJt 105
5s, 1882
1041?
AAOt 104

6s, West. Md. RR.

109h>
109

112
113
107
113
114
102
108

!

j

109
l.Q-J 106
JAJ 106 hi 109
Q-J 111% 112

83
J & J 75
F & A 101% 1011-2

114

99

Austin, Texas—10s

4
4
107

81
81

Hartford Town bonds,6s. uutax. .t 100
Haverhill, Mass.—6s,’85-89.. AAOt 109

104
90
102
107
101
104

.

110

87

|102

oh>

80%

JAJ 107h2 110
Wash.—Fund.loan (Cong.)6s,g.,’92 104% 106%

| Capitol, untax, 6s...

Augusta, Me.—6s, 1887, mun..FAAt|103
Various! 102
Augusta, Ga—7s

JAJ*

78, new bonds, 1886
J & J
7s, endorsed, 1886
7s, gold bonds, 1890
Q-J
8s, ”76, ’86
AAO
Illinois—6s, coupon, 1879... .J & J
War loan, 1880
J A J
Kansas—7s,’76 to’99
JAJt

108

Ask.

80%

1891....JAJ

Fredericksburg, Va.—7s
MAN
8
^Galveston, Tex.—10s, ’80-’95 ..Var.
80% i Galvest’n County,10s, 1901.J & J

! 105
! 97

Do.
8a
Waterworks
20

imp.
imp. 7s, 1891

F &A

5s, 1894, gold
1

Various 107

Allegheny Co., 5s

1105

6s, 1883-4

Kentucky—6s

Wharf 7s, 1880

48

do
small
Class “B,” 5s, 1906
Class “ C,” 2 to 5, 1906

Georgia—6s, 1879-80-86

12

48 hi

Class “A,” 2 to 5, 1906

Delaware—6s
Florida—Consol, gold 6s

Allegheny, Pa.—4s
6s, 1876-’90

8s of 1892-93
>

51

reg
6s, guar.,

Georgetown, D.C.—See Dist. of Col.

Various; 105

7s

48

do
Perm.
Perm.

I 78 1905..
■Fall River, Mass.—6s, 1904...FA At 111

SECURITIES.

Albany, N. Y,—6s, long

Dist. Columbia—
Consol. 3-65s, 1924, coup

East Saginaw, Mich.—8s

-

CITY

Bid.

City Securities.

South Carolina —(Continued)—

UNITED STATES BONDS.

6s, 1881

Bid.

State Securities.

50

60

102
Bath, Me.—6s,railroad aid
Var 1402% 102V Manchester,N.II.—5s, 1883-’S5JAJt 101
5s, 1897. municipal
!l00 jl02 [ 6s, 1894
JAJt 11034 lllhl
30
Belfast, Me.—6s, railroad aid, ’98.. tjlOOV 102
Memphis, Tenu.—6s, old, C
JAJ 20
30
Boston,Mass.—6s, cur, long,1905Varl. 11534j 116
6s, new, A A B...
JAJ 20
30
6s, currency, short, 1880 ....Var.t! 101 s4 102% ij 6s, gold, fund., 1900
MAN 20
35
25
5s, gold, 1905.
6s, end., M. A C. RR
Var.t.A1034 ill |
45
4s, currency, 1899
JAJ 30
JAJ 100 j 100V | S 6s, consols

110
103

Louisiana—Old bonds,fundable.Var. 37
8s, non-fundable
Var. 37
New consol. 7s, 1914
J & J 4834 49
Maine—Bounty, 6s, 1880
FA A 10134 1024}
•

War debts assumed,
War loan, 6s, 1883

6s,’89. A A Ot 113h? 114
107
MAS 106
AAO;;108% 109h>! I Milwaukee, Wis.—5s, 1891—J A D 96
Sterling, 5s, gold, 1893
108
do
Maryland—6s, defence, 1893..JAJt 109% 1091$
5s, gold, 1899
JAJiil05
107
j '<8,1806-1901
Var. 102
114
do
6s, exempt, 1887
JAJt 112
5s, gold, 1902
JAJ 108
AAO;!108% 109hi i 7s, water, 1902
112
104
6s, Hospital, 1882-87
JAJt 108
Brooklvn,N.Y.—7s,’79-80....J A J 101
Mobile, Ala.—3s
.....JAJ
112
145
6s, 1890
J A J 104
7s, 1881-95..
i 5s
JAJ
Q-J 108
30
105
;
5s, 1880-’90
6s, funded
MAN 20
7s, Park, 1915-18
J A J419% 122
Q—J 99
40
Massachusetts—5s, 1880,gold.JAJI 101% 10134
7s, Water, 1903
J A J 119* 122
Montgomery, Ala.—New 3s ..JAJ
104
81
122
72
5s, gold, 1883
7s, Bridge, 1915
JAJ 103
!Nashville, Tenn.—6s, old
J A J 119
90
112
80
5s, gold, 1894
6s, Water, 1902-5
Var. t 1103* llliq
J A J 110
6s, new
j
110
113
53, g., sterling, 1891
Newark—6s, long
JAJ ; 108
J A J ill
Var. 103
J 6s, Park, 1900-1924
110
111
do
do
1894
110
;
Kings Co. 7s, 1882-’89
MAN 104
7s, long
MAN; 109
Var. 106
115
109
do
do
110
!
do
1888
MAN 104
7s, water, long
6s, 1879-’8G
Var.t 110
AAO; 107
113
106
New Bedford,Mass.—6s, 1893. AAO' 112
Buffalo, N, Y.—7s, 1870-’30... .Var. 102
Michigan—6s, 1878-79
J A J 101
110
N. Brunswick. N. J.—7s
t 100 hi 103hi
6s, 18S3
J A J105
7s, 1880-’95
Var. 103
114
7s, 1890
MA Nj 115
7s, water, long
INewburyport, Mass.—6s, 1890. JAJt llOhi
Var. 111
10s
30
N. Haven, Ct.—Town, 6s, Air Line... 106
Minnesota—7s, RR. repudiated
6s, Park, 1926
.MA Si 102
' 20
105
107 |
103
Missouri—6s, 1886
J A jjlOJh?
Town, 6s, war loan
Cambridge, Mass.—5s, 1839...AAOt 106
103
114
100
Funding bonds, 1894-95
J A j'l08a4 110
;
JAJt 113
6s, 1894-96. water loan
11
6s, Town Hall
do
117
115
115
j
Long bonds, ’89-90..
J A J 404hi 105
6s, 1904, city bonds
JAJ 114
City, 7s, sewerage
104
108
101
Asylum or University, 1892. J A JilOO
ICamden Co., N, J.—6s, coup... JAJ*;104
do 6s, City Hall
|
26
Hannibal A St. Jo., 1S86....J A J,104hi
Camden City, N. J.—6s, coup.. JAJ* 104
i.New Orleans, La.—Premium bonds. 24
do
do
1887....J A J 104% i05
!! Consolidated 6s, 1892
7s, reg. and coup
Var. 27 hi 30
JAJ* 112
26
N. Hampshire—6s, 1892-1894.. JAJ I! 114 hi 115
5
59
i ^Charleston, S.C.—6s, st’k,’76-98..Q-J
j Railroad issues, 6s,’75 A’94..Var. 24
War loan, 6s, 1901-1905
62
J A J414%41 5*8 ! 7s, lire loan bonds, 1890
ji Wharf impr., 7-30s, 1880—J AD
J A J
War loan, 6s, 1884
83
78, non-tax bonds
1
MAS 106%'108
HN.Y.City—6s, water stock,’80.Q—Ft 101 402
New Jersey—6s, 1897-1902....JAJ* 104
Chelsea, Mass.—6s, ’97,water 1.FAAM11
111%
6s,
1879
do
Q-Ft 100 hi 101
106
6s, exempt, 1877-1896
JAJ* 104
Chicago, Ill.—6s,longdates
JAJti 105
Q—FI 103 105
j
5s,
do
1890
110
New York—6s, gold, reg., ’87... JAJ 110
1883-90
7s, sewerage, 1892-’95
JAJt 110% 11IVI 6s,
do
Q—F 104
110
112
6s, gold, coup., 1887
J A J 110
7s, water, 1890-’95
..JAJt 411
6s, aqueduct stock,’84-1911..Q—F 104
118 ’
110
6s, gold, 1883
J A J 106
7s, pipes and mains, 1900..M AN 115
7s, river impr., 1890-’95
JAJ tj 110% 111V
110
6s, gold, 1891
J A J 120
7s, 1890-’95
JAJt! 110% 111%
6s, reservoir bonds, 1907-41.Q—F 109
105
102 V!
Cook' Co. 7s, 1880
6s, gold, 1892.
MAN ti 102
5s, Cent. Park bonds, 1898. .Q -F 104
:.A AO 121
6s, gold, 1893
do
7s, 1892....
J A J|122
MAN110% 111 ji 6s,
1395...Q—F 107 108
do
118
N. Carolina—6s, old, 1886-’98..JAJ! 22% 23
Lake View Water Loan 7s
! 7s, dock bonds, 1901
MAN 116
t-j 100
110
Lincoln Park 7s
6s, old
AAO! 223s
1905
MAN 109
i 102 hi 103 hi i 6s,
do
117
116
South Park 7s
103
J A J 102
6s, N C. RR., 1883-5
J A J;100%
j! 7s, market stock, 1894-97..M AN 107
108
West Park 7s, 1390
102
'
6s,
do
A A 0 400%
101
6s, improvem’t stock, 1889.M A N
114
103
6s,
do
J A J 81
coup, off
Cincinnati, O —6s, long
do
7s,
1379-90.M A N
Var.t; 102
113
6s,
do
6s, short—
Var.t; 100
coup, off
AAO 81
6s, gold, cons, bonds, 1901.M A N 112
7-30s
8
6s, Funding act of I860,1900 JAJ
Var.t: 112
!
6s, street impr. stock, 1838.M A N 102hi 105
107
do
8
7s
6s,
108
Var.t 107
1368,1893AAO
7s,
do
do
’79-82.M A N 104
112
111
6s, new bonds, 1892-8
Southern RR. 7-30s, 1902... JAJ til 10hi 110
i
JAJ 10%
6s, gold, new consol., 1896
107
do
106
6s,
do
109
7s, Westchester Co., 1891
t 108
7-30s, new
AAO; 10%
do
6s, Chatham RR..
100
6s, g., 1906..MANt! 99
Newton—6s, 1905, water loan.. JAJ 115hl 116
AAO[ 5
Hamilton Co., O., Os
6s, special tax, class 1,1898-9A AO j
1-2
5s, 1905, water loan
JAJ 105 hi 106 hi
| 95
108
do
1
102
; Norfolk,Va.—6s,reg.stk,’78-85. .JAJ 100
7s, short
t lOO
6s,,
do
AAO!
class 2
6s.
116
do
class 3
1
do
AAO
110
long 7s A 7-30s ti 107
8s, coup., 1390-93
Var. 112
J A Jil03%'
Ohio—6s,1881
I Cleveland, O.—6s. long
MAN 115 hi 116%
8s, water, 1901
Various.Il05 107
104
63,1886
J A J408% 110
100
30-year 5s
I 99
Norwich, Ct.—5s, 1907
AAOt 102
104
Pennsylvania—5s, gold, ’77-8.FAA*i 100 104 li 6s, short
:..Various. 101
Orange, N. J. -7s
t 104
102 hi
5s, cur., reg., 1877-’82
113
7s, long
FA A*! 100
Various till
Oswego, N. Y.—7s
f 101
5s, new, reg., 1892-1902
113 i
107
FA A'112
7s, short
VarioustilOo
Paterson, N. J.—7s, long
Var 107
6s. 10-15, reg., 1877-’82
102 V
F A A 102
Special 7s, 1879-’89
j Petersburg, Va.—6s
Yearly t! 103 hi 406
JAJ 97hl 100
6s, 15-25, reg., 1382-’92
F A A407% 108% Columbia, S.C.—6s,bonds
I
I 60 | 8s
JAJ 1071-2 110
108
Rhode Island—6s, 1882
107
105
MASt 104
Columbus, Ga.—7s, Various
Var.l 45 I 60
8s, special tax
6s, 1893-9
J AJI110
Covington. Ky—7.30s
tllOo |
JAJ* 100
Philadelphia* Pa.—5s, reg
110
South Carolina—6s
J & J; 10
8s
ti 106
6s, old, reg
JAJ 106
6s
117
AAO 10
Dallas, Texas—8s, 1904
I
I
6s, new, reg
JAJ 115
6s, funding act, 1866
I 10s, 1883-96
J A J 10
f
’Pittsburg, Pa.—4s, coup.,1913.. JAJ 60
6s, Land C., ’89
85 hi 90
J A J 10
Dayton. O.—8s
i 106 \
5s, reg. and coup., 1913
JAJ
6s. Land C., 1889
115
Detroit, Mich.—7s, long
AAOj 10
Var.t! 107 410
7s, water, reg.Acp.,’93-’98.. .AAO 108
7s of 1888
1...I 10
7s. water, long
Var.t!Ill 413
! 7s, street imp., re?. ’33-86.. .V. Var L03 115
..

1

......

.

„

,

*

Price nominal; no late transactions.




t Purchaser also pays accrued Interest.

t In London.

THE

320

GENERAL QUOTATIONS

CHRONICLE.

[VOL. XXVIll.

OF STOCKS AND BONDS—Continued.

Explanations Sec Notes at Head of First Page of Quotations.

For

Bid.

Railroad Bonds.

Ask.

Bid.

City Securities.

Bid.

Railroad Bonds.

Ask.

Bur. & Mo. R.—L’d M., 7s, 93.A&0 113V 114V Cin.&Sp.—7s, C.C.C.& L, 1901. A&O j
do
114
Conv. 88. 1894 series
...J&J 113
guar., L.S.&M.S.,1901 A&O
107
Bur.&Mo.(Neb.)—1st, 6 s, 1918. J&J *105*2 105V Cin. Laf.& Ch.—1 st, 7s, g., 1901. M&S j
Cin. Hain.&D.—1st M., 7s,’80.M&N'
113
8s, conv., 1883
J&J 11G 118
2d mort., 7s, 1885
J&J
Consol, m., Gs, 'non-exempt..J&J H01*2 102
103*4
Consol, mort., 7s, 1905
10LV
A&O
117
Repub. Valley, 1st, Gs, 1918.J&J 101
14
20
Cin. H. & I., 1st M., 7s, 1903.J&J
Buv.&South w.—1st M., 88,’95.M&N
108
Cin. Rich. & Chic.—1st, 7s, ’95. J&J;
Cairo & St.L.—1st M., 7s, 1901. A&O
40
Oiii.Rich. &F. W.—1st, 7s, g...J&D
Cairo & Vine.—1st, 7s, g.,1909. A&O +35
111
in. Sand’k}' & Cl.—Gs, 1900,.F&A
107
Calif or. Pac.—1st M.,7s, g.,’89. J&J 107
92
100
78,1887 extended
M&S
114
2d M.. 6s, g.,end C. Pac., ’89.J&J
71
Consol, mort., 7s, 1890
J&D
3d M. (guar. C. P.), 6s, 1905. J&J
10114
Clev. Col. C. & I.—1st, 7s, ’99.M&N
30
do
do
3s, 1905. J&J
Consol, mort., 7s, 1914
90
J&D
Camden & Atl.—1st, 7s, g.,’93..J&J 115*4
Belief. & lud. M., 7s, 1899.. .J&J
113
2d mort., 7s, 1879
A&O 104*4 i’0'6
10s
Clev.&M. Val.—1st, 7s, g.,’93.F&A
105
Cam.&Bur. Co.—l8tM.,6s,’97.F&A *103
78
S. F. 2d mort., 7s, 187G
78*4
M&S
103
Canada So.—1st M.,guar.,1908,J&J
lev. & Pitts.—4th M., Gs, 1892.J&J
97ie Cape Cod—7s, 1881
F&A 105 106
25
35
Consol. S. F., 7s, 1900
M&N
Carolina Cent.—1st, 6s,g.,1923. J&J
77
77
Carthage & Burl.—1st, 8s, ’79.M&N 1100*4 100V Clev.Mt.V.&Del.—1st, 7s, gold,J&J
Columbus ext., 7s, gold, 1001 —
Catawissa—1st M., 7s, 1882..F&A
Colorado Cent.—1st, 8s, g., ’9Q. J&D
New mort., 7b, 1900
G5
F&A 108*2 109
100
Col. Chic. & Ind. Cent.—
Cedar F. & Min.—1st, 7s, 1907. J&J
1st cons, mort, 7s, 1908—A&O
Cedar R. & Mo.—1st, 7b, ’91.. .F&A 1109% 110*4
2d mort., 7s, 1890
F&A
107
1st mort., 78,1916
M&N 1112*2 113
112
Trust Co. cert., 1st, cons
107 V Cent, of Ga.—let, cons., 7s, ’93.J&J 110
43
48
Chic. & Gt. East,, 1st, 7s,’93-’95.
107V Cent, of Iowa—1st M., 7s, g...J&J
Col.& Ind. C., 1stM.,7s, 1904.J&J
107 is Central of New Jersey—
do
2d M., 7s, 1904.M&N
1st mort., 7s, 1890
107*2
F&A 113*2
Un.& Logansp.,lst,7s, 1905.A&O
107*2
7s, conv, 1902
M&N 100 7
82V 83 ;
T. Logausp. & B., 7s, 1884..F&A
do assented
103
! Cin. & Chic. A. L., 18S6-’90
95
Consol. M., 7s, 1899
Q—J
83V 83V;
Ind. Cent., 2d M., 10s, 1882 .J&J
do
assented
107

Gs, railroad aid
Portsmouth, N.H.—0s,’93,RR.J&Jjt

106V
Poughkeepsie, N. Y.—7s, water—jt 111

Providence, R.I.—5s, g.,1900-5. J&J U07V
Gs, gold, 1900, water loau..J & J 115ic
Gs, 1885
M & S 1107
Richmond, Va.—Gs
J&J 10334
119

J & J

8s

Rochester, N.Y.—6s,’7G-1902. Var. 100
7s, water. 1903
J & J 112
Rockland, Me.—Gs, ’89-99, RR.F&A 110034
g. 28
Sacramento, Cal.—City bonds, Gs
..

g.85

Sacramento Co. bonds, Gs

Salem, Mass.—Gs, long, W. L.. A&0:t ll2
J&J :t 103
5s, 1904, W. L
S. Francisco—7s, g..City & Co. .Var. |g.l06
Dupont street 7s
[g. 95
74
Savannah, Ga.—7s, old
Var.
74
Var.
7a, new
34
St. Joseph, Mo.—7s
Var.
Bridge 10s, 1891
J & J
St. Louis,Mo.—Gs cur.,long bds.Vav. *104
6s, short
Var. it 100
Water Gs, gold, 1887-90...J & D tlOG
do
do (new), 1892. A & O 107
107
Bridge approach, Gs
Renewal, gold, Gs
Var. 107
Sewer, Gs, gold, 1891 -’93
Var. 107
St. L. Co.—Park, Gs, g.,1905.A & O 107
Currency, 7s. 1887-’88
Var. 106
90
St. Paul, Minn.— Gs, ’88-’90.. J & D
7s, 1874-90
M&N 104
8s, 1889-96
Var. 105
Somerville, Mass.—5s, 1895..A&0 tl02
6a, 1885
J&J 4100

Iucome bonds,

103
107
109
114
122
105
105

9650

M&N

1908

Small bonds, 1908
M&N
Am. Dock & Imp. Co., 7s,’86 J&J
do
assented
Leh.& Wilkesbarre Coal,’88,M&N
Small bonds, 1883
M&N

6VM884
A&O 1108
Bpringtield, Mass.—Gs, 1903..A&OiU3 3
78,1903, water loan
A&O 1120
Stockton, Cal .—8s
jg.100
Toledo, O.—7-30s, RR., 1900.M & N 1101 V
88,1877-89
Var. 104
8s, water, 1893 & ’94
Var. 108 :115
Washington, D.C.—See Dist. of Col.
Wilmington, N.C.—Gs, gold, cou. on

Consol., 7s, gold, 1900
11

do

Q-M

assented

3d mortgage, 7s, 1881
Consol, mort., 7s, 1906

M&N
A&O

Allegh. Val.—Gen. M., 73-10s. .J&J
East, exten. M., 7s, 1910
A&O
Income, 7s, end., 1894
A&O
Atch’n& Pikes P.—lst,6s,g.’95M&N

20

111

104*2 108
98
94
108
98

113
102
2834 30
93
103

lof

Atch’n & Neb.—1st, 7s, 1907.. M&S
Atch. Top.&S.F.—1st,7s, g.,’99.J&J * 111
Land grant, 7s, g., 1902
A&O it 11034
Consol, mort., 7s, g., 1903.. .A&ojtll3%
Land income, 8s
J&J tlOo
Atlantic & Gt. Western—
1st mort., 7s, gold, 1902
J&J ;30
2d mort., 7s, g., 1902
M&S + 10
3d mort.. 7s, g., 1902
14*2
M&N
1st mortgage trustees’ certitic’s..
;3i
2d
do
do
do
Ui
3d
do
do
do
:5*2
Con. mort. Bischotf certs.,7s, 1892

Re-organization, 7s
Leased L. rental, 7s, g., 1902.J&J
do
do 7s, g., 1903.J&J
West. ext. certifs, 8s, 187G..J&J
do
do
7s, guar. Erie
Atlantic & Gulf—Cons. 7s, ’97. J&J
Consol. M., 7s, end. Sav
1st mortgage, 7s
r&J
S.Ga.& Fla., 1st M. 7s, 1899, M&N
At.Mi8S.&Ohio.—Cons.,g. 1905. A&O

Cheraw & Dari.—1st M.,8s,’88. A&O
2d mort., 7s
dies. & Ohio—Pur. money fd.,1884

60

too

tl5
+32

132
100
30
100
104

13 4
t34

!

do

M&S :ios
g.,

1902. .M&S :108

Gs, g., 1910. M&N ;109

Balt. & Pot’c—1st, Gs, g., 1911. J&J

3d M., Gs, 1884...J&J
4th M., 8s, 187G ..J&J

Sterling mort., Gs,

32
12

g.,

A&O
Bds. Kan. C. line,Gs,g.,1903.M&N
B. & Q.—1st, S.F.,8s,
Consol, mort., 7s, 1903
Bonds, 5s, 1895

5*2, Chic.
33
13

i

’83.J&J
J&J
J&D

0*2
Chic. & Can. So.—1st, 7s, 1902 1
Chic. Cinn.&Louisv.—1st M., guar.
5/
17
37
37
101
40
104
107
3G
3G
LOG
10G

110
110
111
99
99

Cliic.Clin.Dub & Minn.—7s,’8 4 F&A
Chic. & East. III., 1st mort. Gs
do
income M., 7s, 190
Chic. & Iowa—2d M., 8s, 1901.J&J

Chic. Mil. & St. Paul—
P. D. l8tmort., 8s, 1898

F&A

P. D., 2d M., 7 3-lOs, 1898..1
St. P. & Chic., 7s, g., 1902....

I. & M., 1st M., 7s, 1897
I’a. & Dak., 1st M., 7s, 1899. J&J
Hast. & Dak., 1st M.,7s, 1902. J&J

Chic. & Mil., 1st M.,7s, 1903.J&J
l9t mort., consol., 7s, 1905. .J&J
1st

M., I. & D. Ext., 7s, 1903J&J

Chicago & Northwest-

:lJ7
Sinking fund, 1st M., 7s, ’85 F&A
1st, tunnel, Gs, g., g’d, 1911. A&O 197
Interest mort., 7s, 1883
M&N
Bellev.&S. III.—1st, S.F.8s,’90. A&O 103*2
Consol, mort., 7s, 1915
Q—F
Belvidere Del.—1st,6s,c.,1902. J&D *109
i'l’6 ! Exten. mort., 7s, 1885
F&A
2d mort., Gs, 1885
105
i
M&S 104
1st mort., 7s, 1885
F&A
3d mort., Gs, 1887
9934 100
F&A
Consol., gold, 7s, cp., 1902. .J&D
Boston & Albany—7s, 1892-5.F&A 111 8*2 118341!
do
do
reg
6s, 1895
J&J *10934 IL0*4!
Iowa Mid., 1st M., 8s, 1900. A&O
B08t.Clint.& F —1st M..,6s, ’84, J&J 1100
Gal. & Ouic. ext., 1st, 7s,’82.F&A
let M., 78,1889-90
J&J 1 102
Peninsula, 1st, conv., 7s,’93.M&S
N. Bedford RR., 7s, 1894....J&J tios
Ill
Chic. & Mil., 1st M., 7s, ’98.. J&J
100
102
F&A
Equipment, Gs, 1885
Madison ext., 7s, g., 1911...A&O
Boat. Conc.&Mon.—S.F., Os,’8 9. J&J
196*2 100
Menominee ext., 7s, g., 1911. J&D
Consol, mort., 7s, 1893
108
A&O 1107
Nortliw. Un.,l8t, 7s, g.. 1915.M&S
Bo'St. Hart,& E—1st, 7s, 1900.J&J
33*2 35
Chic. & Pad.—1st M., 7s, 1903. J&J
2
‘
1st mort., 7s, guar
30
35
J&J
Chic. Pek.&S.W.—1st, 8s,1901.F&A
Boston & Lowell—New 7s, ’92. A&O; 1113 V 114V
Cliic.R.I.&Pac.—S.F.,in.,Gs,’95F&A
do 6s, 1879
A&O H 100*4 100%
Gs, 1917, coup.
J&J
New Gs, 1896
J&J 1105V 106*4
Gs, 1917, reg
J&J
&
Boston
Maine—7s. 1893-94. J&J>117 lll7V Ch.St.P.&M’polis,lst,Gs,g,’18.M&N
Bost. & N. Y. Air L.—1st 7fl
I 103*2
;| Land M., inc.,6s, g., 1918 ..M&N
Bost. & Providence—7s, 1893. J&J 1116
118
!;Cliic. St.Louis& N.O.—1st consol. 7s
Buff. Brad.& P.—Gen. M.7s,’9G.J& I, *50
2d mort. Gs
I
Buff.N.Y.&Erie-1st, 7s, 1916.J&D| 110 116 'JChic.&S.W.—1st,7s, guar.,’90. M&N

Buff.N.Y.&Phil.—1st, 6s,g.,’96.J&Jj
Bur. C. R.&N.—lst.5s,new,’06.J&D

93

72

100

Cin. & Indiana— 1st M., 7s, ’92.J&D
72*2 1 2d mort., 7s, 1882-87
J&J

Price




nominal;

no

late transactions.

100 V

100
45

93 V
50

84V

87

t92V

t 87

90

i 79

55V

55
113
98

115
100
■

m

m

iio

108
114

3GV

1136*4
H34

100

*190

99 V!

62
25
62
50
100
77
90
95

61*4
0‘>

45
95
75

85
90

100

33

10
......

93
93
103

Daub’y & Norwalk—7s, ’80-92. .J&J

*

*

97 V

t95V
100
41

46
98 V Dan. Ur. Bl. & P.—1st,7s, g...A&0
! Davton & Mich.—1st M., 7s, ’81. J&J tl0l*2 102
•
2d mort., 7s, 1887
M&S 1100
j
3d mort., 7s, 1888
A&O t;>3
88
! Dayt. & West.—IstM.,Gs, 1905.J&J tso

100
100

62

86

99*4
34V

Cumberl.Val.—IstM., 8s,1904. A&O
Dakota Southern—7s. gold,’94,F&A

1st mort., 7s, 1905
J&J
T07
! Delaware—Mort., 6s, guar.,’95. J&J 107
Del.& Bound B’k—1st, 7s,1905F&A

107 V

i Del. Lack.& W.—2d

104*2
M.,7s,’82.M&S 104
104*2
35 V
Convertible 7s, 1892
J&D 104
35
Mort. 7s, 1907
M&S 106
54
60
Denver Pac.—IstM. ,7s, g.,’99.M&N
12
90*4 99V
! Den.& Rio G.—1st, 7 s, g., 1900.M&N
74V
Des M. & Ft. D.—1st, Gs, 1904. J&J T74
1
I

!

C.—lst,8s,1902.M&N *50
1st M., 8s, end. M. C., 1902.M&N 1106% 107*4
111
Det. L. & North.—1st,7s, 1907. A&O tuo
52
148
Detr. &Milw.—1st M., 7s, ’75.M&N
52
2d mort., 8s, 1875
M&N +48
90
95
Det.&Pontiac, 1st M.,7s, ’78.J&J

i Detroit & Bay

111

10630

do
3d M., 8s, 1886. F&A
Peo.&Il.—1st, 8s,’74-89. J&J
Dubuque& Sioux C.—1st,7s,’83. J&J
1
1st mort., 2d Div., 1894
J&J

Dixon

103 V
111

75
105

......

105Vi
107

115V 116V Dunk. A.V.&P.—lst,7s,g..l890J&D 104V 107 V
115
t95
96
| East Penn.—1st M.,7s, 1888..M&S *107
97V 99V
E.Tenn.Va.&Ga.—1st, 7s,1900. J&J
46
90
55
E. Tenn. & Ga., 1st,6s,’80-86.J&J
95
ioo
E.Tenu.& Va.,end.,6s, 1886. M&N
Eastern, Mass.—3*25, g.,1906.M&S 169*4 69V
80
"si" 87 V Sterling debs., Gs, g., 1906..M&S +73
105 V 10GV
38
45
! Elmira& W’msport—1st, 7s,’80. J&J
78
70
80
80 |
5s, perpetual
A&O
1107
Erie- (See N. Y. Lake E. & West.)
1103
Erie & Pittsb.—1st M., 7s, ’82. J&J 100
Cons, mort,, 7s, 1898
J&J i 95 V 97*2
123
124
78
Equipment, 7s, 1890
A&O
108*2 109 V Europ’n & N.Am.—1st, Gs, ’89.J&J
*

407
100
103

108

Baugor & Pise. 6 & 7s, ’99... A&O

102

Evansv. & Crawf.—1st, 7s, ’87. J&J
110

Evansv.T.H.&Chi

105*2 108
103
103
110

—

1st, 7s, g.M&X

Fitchburg—6s, 1898

A&O

1894
A&O
Flint* Pcre M.—ist, l.g.8s,’88 .M&N
Cons. S. F„ 8s, 1902
M&N
102 3g 102V
Flint & Holly, 1st, 10s, ’88.M&N
109*2
Bay C.& E. Sag.—1st, 10s„82.J&J

107

DO

7s

-i

103*2 110
10G

j i Florence & El

90

Go

70

30
90

-

75
•

.

•

•

106
105

Cent, exten
Ft. W. Jack. &S.—1st, 8s, ’89..J&J
Ft.W. Mun.& C.—1st, 73, g
Ill

101*2
110
115

Fram’gham & Lowell—1st, 7a, 1891
•

do

Gal.Har.&S.A.—lst,Gs,g.l9lO.F&A
117*2'

Tf0234 102 Vi Georgia—7s, 1876-96..!
*T02%
1198 V

6s

60

11130
111
93
50
93
35
95

102
75

112'
52

Ex laud grant, 1st 7s, ’99.
Greenv. & Col.—1st M., 7s, “guar.

Bonds, guar
Hack’s’k&N.Y. E.—1st, 7s,’90..M&:
Hannibal & Nap.—1st,7s, ’83.M&!
Han. & St. Jo.— Conv. 85,1835. M&

96
40

t The purchaser als) pays accrued interest.

“

““

105*4
•

80

•

70

.

1075s
107*6

T

92

105

Dorado

Flushing &N. S.-lst, 7, ’89. M&N
116*2 117*2
2d mort., 7s.
M&N
106 Vi
105
Cent. L. I., 1st, 7s, 1902
M&S

*85
*

Holly W. & M.—1st, 8s, 1901.J&J

k

80

k

j*

97
15
89

195
10

86
33 V
113
117
106
107
100
92V

.

,

GO
-

•

•

•

90
42

10 1
60 I 80
105 V :106
50 (
1112 V 115
106
*104 1110
ilOS
105
'104
102

....

....

105

80
Gs. 1889....

*

•

|

10G

1903..J&J :io9

Income, 7s, 1883

-

85

93
2d M., 7s, 1892
J&J; t91
t93
100*2
Col. & Toledo—1st mort. bonds
25
59
|I Col. Springf.& C.—1st, 7s,1901.M&S
22*4
Col. & Xenia—1st M., 7s,1890.M&S
20
Conn. &Passump.—M.,7s,’93.A&O 1106% 107
70 V
Massawippi, g., Gs, gold, ’89 J&J *t93
49
53
48
48 V Conu. Val.—1st M., 7sf 1901... J&J
22
103 V 104
18
Conn. West.—1st M., 7s, 1900. J&J
112
Connecting (Phila.)—1st, Gs ..M&S 110

58%

.

do
do

:

54
G2
63

111V Cheshire—6s, 1896-1898
J&J 1101% 102
111*4
Gs, 1880
1&J k1100 V 101
114*4 Chester Val.—1st M., 7s, 1872.M&N
116
109
; Chic. & Alton—1st M., 7s, ’93:.J&J

Com. bondholders certs
Atl.& St. Law.—St’g 2d, 6s ,g. A&O 11104
3d mort., 1891
+104
Bald Eagle Val.—1st M., Os,’81.J&J
Baltimore & Ohio—6s, 1880...J&J 101*2 IO2"
6s, 1885
A&O 107*2 108
Sterling, 5s, 1927
J&D ;92V 93*2

Sterling, Gs, 1895
Sterling mort., Gs,

gold, series B, iut. def. 1908..
gold, small bonds, 1908
curreucy, int. deferred, 1918.
currency, small bonds, 1918
Va. Cent., 1st M., Gs, 1880...J&J

Gs,
Gs,
Gs,
Gs,

•

•

-IstM., 7s, ’97. A&Ojt 104*2 106
IstM., 7s, 1880
....J&J t99 101

9670!

51
......

i,Cent. Ohio—1st M., 6s, 1890 .M&S
!'Central Pacific (Cal.)—
I
1st mort., Gs, gold, ’95-98
J&J 10830
!l State Aid, 78, g., 1884
8e, gold, cou. on
J&J
S. Joaquin, IstM.,6s, g.l900.A&0
Worcester, Mass—Gs, 1892...A&O(t 112V 114 j
97
Cal. A Oregon, 1st, Gs, g., ’88.J&J
08,1905
A&O 108 j 108*2
110 1113 i
Cal.&Or. C.P.bonds,6s,g.,’92 J&J *98
Yenkers.N.Y.—Water, 1903
99*4
Land grant M., Gs, g., 1890. A&O
RAILROAD BONDS.
West. Pacif., 1st, 6s, g., ’99. .J&J 103
86
45
55
Ala.Cent.—1stM., 8s, g., 1901.. J&J
Chari’te Col.&A.—Cons.,7s,'95.J&J
59
10
12
2d mort., 7s, 1910
Ala.&Chatt.—1st, 8s,g.,g’d,’99.J&J
J&J
7s, receiver’s certs, (var. Nos.)...
Alb’y & Susq.—1st M., 7s, ’88. .J&J
2d mortgage, 7s, 1885
A&O

100
83
100

,

Adjustment bonds, 1903

92

91

110V
tl03
Var 1105 V 106 34

Portland, Me.—6s, Municipal..Var

Ask.

J In London.

TT In Amsterdam.

GENEUAL
For

Houston & Tex. C.—1st, 7s, g., ’91..
West. Div.t 1st, 7s, g., 1891. .J&J
Waco & N. W., 1st, 7s, g.,1903. J&J

KM..CSTo0Sp&teka&WL8

Cons, mort., 8s, 1912

QUOTATION'S

A&O

Ask.

113
F&A *103
28
A&O

115
105
30

M.&Clarksv8t’g,61902

£102
£113
£100

Equipment 6s, 1882

104
113
102

Marietta & Cincinnati—
1st mort., 7s, 1891,

112*4
21
3

5

712

8%
75

70
65

70
102

98

2d mort., 6s, g., guar., 1900.M&N

Conv. 8s, 1892.F&A

Balt. Short L., 1st, 7s, 1900..J

Cin. & Balt., 1st, 7s, 1900....J
Marietta P. & Clev.—1st, 7s, g.,

Marq’tte Ho.& O.—Mar.& 0.,8s,
M
6s, 1908
Mass. Central—1st, 7s, 1893.

J f 103
)
too
)
t93%
J
)
)
I
1

Metrop’n Elev.—1st M
Michigan Central ¬

.,

!l03

N.Y.&Os.Mid.—1st M.,7s,g, ’94.J&J
7%
35
Receiver’s certifs. (labor)
30
do
do
95%
(other)..’
N. Y. Pro v. &B’ n—Gen. 7s, 1399. J&J ! 117
110012:102
+98*
96
194
6s, due 1831
1100%! 102
Norf’k&Petersb.—lstM.,8s,’37.J&J 104
99
1st mort., 7s, 1837
1100% 102
J&J
2d mort., 8s, 1893
95
102
J&J
102
North Carolina—M., 8s, 1878.M&N 110
North Missouri—1st M., 1893.. J&J 110
93

......

J

Ionia & Lansing—1st 8s,’89. ..J&J 107%
I’a Falls & Sioux C.—1st, 7s,’99 A&O 1106%' 106*4
112
Ithaca & Atheus.—1st m., 7s,g. J&J *109

Jackson Lansing & Saginaw—

109%
1st M., 8s,’85, “white bonds”J&J 1109
109
North Exten., 8s, 1890.
M&N 1 109
Consol, mort., 8s, 1891
M&S 1100% 101

ist M.

on

117

.

Air

jMich. L. Shore

1st M., 8s, ’89.J&J

)

do
85
guaranteed
1 Miss. Cen.—1st
95
100
M., 7s,’74-84.N
1st mort., 7s, 1889
J&J
do
112
2d in., 8s, ex coup.
Jeff. Mad.&Ind.—1st, 7s,1906.A&O till
iMiss.&Tenn.—1st M., 8s,series
9812
2d mort., 7s. 1910
J&J
do
8s, series “ B”..
Ind’pciis& Mad., lst,7s,’81.M&N 100 100% 1

Jefferson—Hawl’y Br. 7s, ’87..J&J

110%’

101

’

.

J
)

)

20

21
do
Missouri Pacific-

r
r

Car. B., 1st mort., 6s, g. ’91
1st M.,7s,g.,.J&J -109
3d mortgage
Income 7s
A&O ! 107
Kansas Pacific¬
Depot mort. bonds, 1392...
1
ist mort., 6s, gold, 1895
F&A
j Mobile & Ohio—
1 ******
!
With coupon certificates...
1
Ex. certif., ster., 6s, 1883.
1st mort., 6s, g., 1896
J&D !
116 "
Interest 8s, 1883
| 115
With coupon certificates
1
1st mort., Denver
1899.M&N
10 2% '103*8
New 1st mortgage.
With coupon certificates
1
New debenture....
Land 1st mort., 7s, g., 1880. .J&J
113
115
With coupon certificates...
1
'Morris & Essex—
Land 2d mort., 7s, g., 1836
!j 65
With coupon certificates
05
48
52
Leav. Branch, 7s, 1896
M&N
52
With coupon certificates
II 48
48
35
33
Income bds, No. 11,7s, 1916.M&S
do
No. 16,7s, 1916.M&S;
36
Consol, mort.,7s, 1915..
Denver Di v., Trust. Rects
i
1037b
!.! 90
90
Detached coup. Rects.
Nash.Chat.&3t.L.—1st,7s,
Kookuk& Des M.—1st.5s, guar.A&Oi|
1st, Tenn. & Pac., 6s, 111
90 r*
91
Small bonds
1st, McM. M. AV.&A.,6s,
A&O !
Keokuk & St. P.-lst, 8s,’79..A&O 11100
100*4
50
Laf. B1.& Miss.—1st, 7s, g.,’91.F&A
50
Laf.Munc.& Bl.—lst,7s,g.l901F&A
Lake Shore & Mich. So.—
I Newark & N. Y.

g., 7.3, g. J&J
Omaha & S.W.—IstM.,8s,1896. J&D

! Orange

i

105%
106
100
100
55

1*07%
107

100%
100%
57

95

97
103
t
96
t....
94
105% 107
106
90
91%
34
80
82
1107
107%
1107
107%
1115% 116
12
25
115
91

M&N

100

86
90
mort., 6s, 1875
J&J
45
47
105
100
M&N
mort., 8s, 1873
14
16
97 V 99%
4th mort., 8s, 1880
M&S
55
112
114
Or. Alex.& M., IstM., 7s. ’82.J&J
55%
40
92
89
Oregon & Cal. 1st M. 7s, 1890. A&O ;35
34
95
Frankfort Com. Rec’ts, x coup...
£32
92
20
92% 96
15
Osw.&Romo—IstM.,7s. 1915.M&N
95
Osw. & Syracuse—1st, 7s, ’80.M&N
56% 56% Ott. Osw. & Fox R.-M., 8s, ’90.J&J 113
112
! 83%! Panama—Sterl’gM., 7s, g. ’97. A&O 1110
23% 23% Paris & Danville—IstM.,7s .1903.
92

Paris&Dec’t’r— lstM.,7s,g.,’92.J&J

99% 'lOO

+

PekinL.&Dec.—IstM.,7s,1900. F&A
Pennsylvania—1st M., 6s,’80.. J&J 104% 105
111
112
General mort, 6s, coup.,1910 Q—J
do
6s, rog.,. 1910. A&O 113% 116
J
Cons, mort., 6s, reg., 1905..Q—M 102% 105
do
6s, coup., 1905..J&D 102% 103
103%
Navy Yard, 6s, reg., 1881 ...J&J *102
117
!iPcnn.&N.Y.—lst.7s,’96&1906.J&D 115
40
iPeoria Pekin & J.—1st, 7s, ’94. J&J *25

i

..

95

iPerkiomen—1st
i
M., 6s, 1897..A&O

75
75
65
15
80
29

70
70
55
12
79
26

C. M., guar.,P.&.R., 6g.,1913.J&D
Ex fd. cps.,Dec.,’77,to J’e,’80,inc.

*75

80

£50

:© :©

f

♦

Scrip iss. for f’d coup’ns,’77 to ’80
Petersburg—1st M., 8s,’79-’93.J&J 103
25
J&J
j 2d mort., 8s, 1902
35
Phil. & Erie—1st M., 6s, 18S1.A&0 106% 107%
2d mort., 7s, 1388
J&J 106% 103
86
83
121
2d mort., guar., 6s, g., 1920. J&J
103% Philadelphia & Reading—

80
119
108

j

86

1st mort., 6s,
1st mort., 7s,

,

j

..

j

104
117

48

103%
95
81
50
54
65
42
112
102

102

....

......

118
109

23

......

.

.

.

.

50
80
20

107%
.....

119%
120

80%

.

.

.

.

.

.

.

....

......

.

.

....

*

Price nominal; no late transactions.




111%

103

1830
J&J 102
1893
....A&O 115
40
i'o'i“ i'06%1 Debenture, 1893
J&J
|
i
93
Mort., 7s, coup., 1911
J&D 103%
92
'!
bo
Gold mort., 6s, 1911
98
J&D
£79
Improvement mort., 6s, 1897
!
|
45
New convertible, 7s, 1393...J&J
103
G. s. f., $&£,6s,g.,1903, x cps.J&J
'
£52
! i*02%
1105 % 105%
£55
Scrip for 6 deferred % coupons
33
10!)
J
Coal & L, guar. M., 7s, ’92.. M&S
*108
90
1
Phil.Wil.&Balt.—3s,
’92-1900.
A&O
i 82
Pitts.C.&St.L.—IstM.,78,1900. F&A 101
N.I., S.F.,lst, 7s,’85.M&Ni 110%
95
2d mort., 7s, 1913
93 j
A&O
Cleve. & Tol., 1st M.,7s, ’85..J&J 1 109*8 116*4
111
Pittsb.&Con’llsv.—lstM.7s,’93.J&J
iN. H. & N’tlTton—1st M.,7s,’99. J&J 108
do
2d M., 7s, 1886.A&0 110% 112
<
90
87
Sterling cons. M., 6s, g., guar.J&J £100
Conv. 6s, 1882
/
Cl. P. & Ash., 2d M., 7s. ’80..J&J 102*4 1031-3
35
40
Pitts.Ft.W.&C.—IstM.,7s,1912. J&J 123
N. J. Midl’d—1st M„ 7s, g.,’93.1
do
3d M.,7s, 1892.A&O 112
6
3
2d mort., 7s, 1912
J&J 121
Bufi.& E., new bds, M.,7s,’93.A&0 114
40
42
N. J. Southern—1st M.,7s,’89.M&N
3dmort., 7s, 1912
A&O
Buff. & State L„ 7s, 1882 ...J&J 102
70
64
114%
Equipment, 8s, ’84, all paid.M&S £ i<>7
Det. Mon. & Tol., 1st, 7s, 1906...
1
25
Pitts. Titusv.& B.—New 7s,’96F&A
LakeSh. Div. bonds, 1899..A&O 114
Pleas’t Hill & De Soto—1st,7s,1907.
S., cons.,cp.,l8t,7s.J&J 116% 117*3
hPort Hur.&L.M.—1st,7s,g. ,’99 M&N 30
103% 110
N.O.Jack.&Gt.N.do cons., reg.,lst,7s,1900.Q—J 117
70
105
102
do 2-jns., cp.,2d,7s, 1903...T&D'! 109
Portl’nd&Ogb’g—l3t6s,g.,1900J & J
5
99
100
Vt. div., 1st M., 6s, g.,1891..M&N
do cons., reg.,2d, 7s, 1903. J&D 109
40
45
Portl.&Roch.—1st M.,7s,1837. A&O
N.O.Mob.&Cliatt.—lst.8s, 1915. J&J
Lawrence—1st mort., 7s,1895.F&A
93
JPueblo & Ark. V.—1st, 7s, g., 1903. 1107%
N.Y. & Can.—£ M.. 6s, g., 1901.M&N
£91
Leav. Law. & G.—1st, 10s, ’99. J&J "46" 45
New York Cent. & Hud.—
Quincy&Wars’w—IstM.,8s,’90. J&J 113
South. Kans., 1st M., 8s, 1892
]Ron.&S’toga—1st 7s,1921 cou.M&N
Mort., 7s, coup., 1903
J&J 121
Lehigh & Lack.—1st M.,7s, ’97.F&A
1st 7s, 1921, rog
112
Mort., 7s, reg., 1903
J&J 121
Lehigh Val.—1st M., 6s, 1893. J&D ui
86%
1Ricli’d&Dan.—Con.,6s,’78-90. M&N
117
2d mort., 7s, 1910
Subscription, 6s, 1883
M&N 104%
M&S 116
116
General mort., 6s, gold
U14
102
101%
Gen. M., s. f., 6s, g., 1923
mort.,
g.,
Sterling
6s,
1903...
J&J
J&D
Piedmont Br., 8s, 1883
A&O 104
N. Y. C., premium, 6s, 1383.M&N 105%
Delano Ld Co. bds, end.,7s,’92 J&J
I Rich.
I
Fred. & Potomac—6s, 1875...
do
Lewisb.
6s, 1887
J&D 105
Spruce Cr.—1st, 7s.M&N
i
Mort, 7 s, 1881-90
J&J lOO*
do
real est., 6s, 1833..M&N 104
Little Miami—1st M., 6s,1883.M&N uoo
< Rich.
]
& Petersb., 8s,’80-’86...A&0 107
152
Had. R„ 2d M., 7s., 1385....J&D 109%
L. Rock& Ft.S.—lst,l.gr.,7s ’95.J&J
52%
106
M&N 100
N. Y. Elevated.—1st M., 1906.J&J
Little Schuylkill—1st, 7s, ’77. A&O *101
| New m >rt., 7s, 1915
93
124
IRomo Wat’n&O.—S.F.,7s, 1891. J&D
101
N.Y.&Harlem—7s,coup.,1900.M&N
Long Island—1st M., 7s, 1893.M&N
55
j
2d
i*24
1892
mort.,
7s,
J&.J
80
Newtown & FI., 7s, 1903 ...iil&N
7s, reg., 1900
M&N
30%
Consol, mort., 7s, 1904
A&O
80
;N. Y. Lake Erie & West. (Erie) —
N. Y. & Rockawav, 7s, 1901.A&O
175
I utland—1st M., 8s, 1902....M&N
1st mort., 7s,1897,extendedM&N 118% 119
Smitht’n & Pt. Jeff., 7s, 1901 .M&S
1 102%
103
2d mort., 7s, 1879
M&S 159
Louis’a & Mo.R.—1st, 7s, 1900F&A
Equipment, 8s, 1880
M&S
3d mort., 7s, 1833
Equipment, 7s, 1880
M&N 159
Lou’v.C.& Lex.—1st,7s,’97 J&J(ex) tio's *4 10912
M&3 106% 107 j
86
4th mort., 7s, 1830
![S ig. Val.A St.Louis—1st M. 8s,M&N
2d mort., 7s, 1907
A&O 106 %
A&O
90
114 IS
5tli mort., 7s, 1833
Louisville & Nashville—
J&D
a avannah&Chas.—lstM.,7s,’89J&J
112
1st cons. M., 7s, g., 1920.ex. M&S 103 % 104
Consol. 1st mart.,- 7s, 1893. A&O 110
30
100
103% ! Chas.&Sav., guar., ’6s, 1877. M&S
do
do ex certifs
2d mort., 7s, g., 1883
98
M&N
100
119 i|8
100
99
do
do ctfs. 6 cps., 7s.M&S £117
Louisville loan, 6s, ’86-’87..A&0
100
Lob. Br. ext., 7s, ’80-’85.
Conv. gold bds. & 2d con. mort. 1
IOOI3
163% 67%
Leb. Br. Louisv. l’n, 6s, ’93.. A&O 100% 100%
reconstruction trustees’ certs.)
-lstM.,8s,1901M&N *50
107
2d con. M. funded cp. bds.5 p.o.)
Mem.& 0.,stl., M.,7s, g.,1901J&D £105
£71% 72% ®
70
100
till
June
£98
’83,&
6
)
1,
p.
c.
aftwds
F&A
105
8
113
115
L. Paducah & S.W.—8s, 1890..M&S ni778
Long Dock mort., 7s, 1893..J&D
100
Macon & Aug.—2d, end.,7s,’79.J&J
M&N £93
95
Sterling mort., 6s, g
N.Y.&N.Eng.—1st M., 1905... J&J 105% 106
*

97%
112

& Alexandria.—

lstmortg., 6s, 1873

.....

ii*5%

J&D
M&S

2d
3d

104
103

23
45
111
no

6s, 1895
7s, 1395

iOmaha&N.W.—1st, 1.

90

87

35

Kans. C. &S. Fe.—1st, 10s. 90.M&N

£

107

2d mort.

j

90

'Mo. Kansas & Texas—

193% 100
1821*2 S3

lstM., C. B. & St. Jos.,7s,’80.J&J
Jos.&C.B., M. 78,1907.J&J
do inc*. bds, rg.,6s,1907. A&O

1st mort..Springf.Div.,1905 M&N
j
Creek—1st M., 7s, 1832... A&O
iOil
F&A
j Old Colony—6s, 1897

50

35

)

108

Ogd’nsb’g&L.Ch.—lstM.6s,’93,J&J

102
101
100

1 1100
3 198
99

do

Jamest. & Frankl.—1st, 7s, ’97. J&J
2d mort., 7s, 1894
J&D

Joliet & Chic.—1st M.,8s, ’82..J&J
99
Joliet & N. Ind., 1st, 7s (guar. M.C.)
Junction HR. (Phil.)—1st,6s,’82 J&J *106
2d mort., 6s, 1900
A&O *107^
Kalamazoo A1.& Gr. R.— 1st, 8s.J&J 100
95
Kal.& 8choolcraft—1st, 8s, ’87.J&J
Kal.& Wli. Pigeon—1st,7s, ’90.. J&J 101
Kans. C. St. Jo. &C. B.-

Northern, N.J.—1st M., 6s,’83.J&J
Norw’li&Worc’r—1st M.. 6s.’97. J&J

)

Gd. Riv.

107
103

Con. mort, stg. 6s, g., 1904...J&J
Northern Cent’! Mich.—1st, 7s

S. F., 8s. 1890
M&S
Ohio&Miss.—Cons. S. F. 7s,’93. J&J
112% | Cons, mort., 7s, ’98
J&J
118
A&O
j 2d mort., 7s, 1911

79

8%
45

109
116
112% 116
110
114
94

1885.J&J
M&N
J&J
Northeast.,S.C.—1st M.,8s,’99,M&S
2d mort.. 8s, 1899..
M&S
North’11 Cent.—2d mort.,6s,’35. J&J
3d mort., 6s, 1900
A&O
Con. mort., 6s, g., coup., 1900. J&J
6s, g., reg., 1900.
A&O
Mort. bonds., 5s, 1926
..J&J

80
41
97

39

Ask.

107
116

North Penn.—1st M., 6s,
2d mort., 7s, 1896
Gen. mort., 7s, 1903

ib‘i

95
78

96%

190S

Bid.

Railroad Bonds.

86
L
84
87
^
i
34% 36%
J
14
14%
100
J
90
j
100
I
96
5
)
110
2 *105
72
3
68
*20
1

Quotations.

| Ask.

Bid.

i

2d mort., 7s, 1885
Mem. & L. Rock—1st, 7s

96
77

90
73
78
23
77
20

Iutern’l&Gt.No.—Int. 1st, 7s. A&O
Conv. 88, 1892
'i..F&A
H. & Gt. No., 1st, 7s,g., with certs,

do
Cons. M., 6s,
Mansf. & Fr’ham.—1st, 7s

103

A&O!

Ind’apolis& Vin.—1st, 7s,1908. F&A

Maine Cent.—Mort. 7s, 1898...
Exten. bonds, 6s, g., 1900....
Cons. 7s, 1912

99
98
98 % 100
93
98

2d mort., 7s, g.f 1895
Cons. 3d M. 7s. 1895
Ill. Ceut.—1st M.Chic.& Sp.’9S. J&J ;i06

2d mort., 7s, 1900

BONDS—Continued.

OF STOCKS AND

Railroad Bonds.

103*4 105

Houst. E. & W. Tex.—1st, 7s, 1898.
Hunt. & Br. Top—1st, 7s, ’90..A&O

Sterling, S. F., 5s, g., 1903..A&O
Sterling, gen. M.,6s, g., 1895. A&O
do
53,1905
J&D
III. Grand Tr.—1st M., 8s, ’90.A&O
Ind’lis Bl. & W.—1st, 7s, g.,’09.A&O
2d mort., 8s, 1890
.T&J
Extens’n 1st M.. 7s, g., 1912.J&J
Iud’polis C. & L. —7s of ’97,Low Nos
do
do
High Nos
3d mort.,7s. 1899......
J&D
Ind’apolis & Cin., 1st, 7s,’88. A&O
Indianapolis Peru & C.—1st mort..
Ind’polis& St. L.--lst,7s, 1919.Var.

321

Explanations See Notes at Head of *First Page of
Bid.

Railroad Bonds.

clo

CHRONICLE

THE

March 29, 1879 J

j

|

rest.
t The purchaser also pays accrued interest.

In London.

In Amsterdam.

97
65
31
77
60
60

100
40
103

25

*7*6
115
95

THE

322
GENERAL

QUOTATIONS

Railroad Bonds.

Bid.

So. Carolina—1st M.,7s,’82-’88.JAJ

97

Ask.

..

So.Pac.,Cal.—1st.,6s,g.,1905-6. JAJ

30

17
105
76
66
50

1 OV

Steubenv.AInd.—lstM.,0s,’84.Var.

101

St.L.Alt.AT.H.—1st M., 7s, ’94.JAJ
2d mort., pref., 7s. 1894
FAA
2d income, 7s, 1894
MAN
St. Louis A I. Mt.—1st, 7s, ’92,H AA
2d mort., 7s, g., 1597
MAN
Cons, mort., 7s, g., 1914
A AO
Ark. Br. 1. gr., M., 7s, g., ’97.JAD
Cairo Ark. A T..lst,7s.g.,’97.JAI)|
Cairo A Ful., lst,l.g.,7s,g.,’91.JAJ

ill

'

85
87
80
97

St.L.K.C.AN.2d(r’l est.),7s,’95 MAS
55
St. L.A S.E.—Con. M..7s. g.,’94MAN
7
1st, cons., 7s, g., 1902
FAA
*41
Evansv. II. A N.,1st,7s, 1897. JAJ
St.L. Jacks’v.A C.—1st. 7s, ’94.A AO! 110
St. L. Valid. AT. II.—IstM.,7s,’97. JAJ | 105

,

JAJ

Consol, mort., 7s, 1890
AAO
Wichita AS. W.—1st,7s,g..guar.,1902
Wil.A Weldon—S. F., 7s, g., ’96. JAJ

RAILROAD STOCKS.

1I

do
'
do
Dost. Con. A Montreal

80

do

pref 100
100

Pref., 6... 100

2S*‘j

do

MAS jHIO
MAS $112
FAA 102*2
JAD 104*2

mort., Os, ’89.MAN

Union Pac.—1st M.,0s,g.’96-’99.JAJ
Land Grant, 7s, 1887-9
AAO
Sink. F., 8s, 1894
Om. Bridge, sterl.

Reg. 6s, 1893

8s, g.,

111

112
114

106
36
85
76

MAS

Chicago A North Western
do

100
Pref., 7.100

104*2 Chicago A Rock Island
105*2 Chicago St. Paul A Minn.,
112

107*8 107*4

MAS! i*0*8
’96. A AO1 JUS

!

L10
107*2 109

7038

17

35
90
87

j Louisville A Nashville.
jLykens Valley, leased, 10.
! Macon A Augusta

45*2

100
100
100
50

Maine Central
Manchester A Lawrence
Marietta A Cin
Balt. Short Line, guar.,

139

141
50c.

7

84*2
48

93g
4

83*2

112
109
115

j

do

36*2

§26
§42
O
md

25

2*4

i

Ohio A Mississippi

36%

do

Old

Oswego A Syracuse, guar., 9.. ..50Pacific of Missouri (new)
100

45*2
35
133
39

82*2

56r>$
85%

24
20
15

134

Pennsylvania Railroad
Pennsylvania Company

40*2

Pref

do

:

•

Pref., 8

1 Philadelphia A Reading

34*8

50,
50i*

100,
50

§7*4

50*
50' §1238

39*8
do
Pref., 7
50;§
82% Pliila. A Trenton, leased, 10... 100 135
57
Phila. Germ’n A Nor., l’sed, 12. .50i§101
.

66

Wilmington A Balt
50
Pittsburgh Cincinnati A St. L...50

Pittsb. A Connellsville,

28
21

32
42

ns

Pliila.

131*4

434

§28

100! 127
50: §31

Panama

Petersburg
46*2 Philadelphia A Erie
45

100*2 101

100;

Colony

do

*•••*•

■

7*2

12*3
139
102

64*4
5

leased...50

&

Pittsburg Titusville A Buffalo...50
7.100
do
Special, 7.100

4%

103% 104

Pittsb. Ft. W. A Chic, guar.;

90

Pleasant Hill A De Soto
100
I Portland Saco A Portsm.,l’sed 6 100 j
1 Portsm’th Gt. Falls A Conway. 10 1
1
Providence A Worcester
100
Pueblo A Arkansas Valley
100 !
Rensselaer A Saratoga
100 i

„

10%

100

27*2!
4
27
80

10*4

100!

Pref

43

79%
107
11334 114*8

pref. 100

;Cin. Sandusky A Cleveland
50
do
Pref., 6.50
Clev. Col. Cin. A Indianapolis.. 100

49*2

$12*2

130

|

98

53

100
100

com

70

1

,,

46 34

N. Y. Central A Hudson Riv
100 112%!..-..
New York Elevated
166*4; 167
vo
80 ; New York A Harlem
50 149
70*2 71*2
do
pref
50
24
N. Y. L. Erie A West., $4 paid
ll07e 111
ll‘J
1112*2
4334 43%
do
Pref
New York A New England
100; 33*4 33*2
N. Y. N. Haven A Hartford ....100J 159% 160
125
New York Providence A Bos.. .1001 1°2
36
North Pennsylvania
50
>
13
Northern Central
50
90
88
Northern New Hampshire
100
Northern Pacific, new pref
100 §26% 27*4
8
8*4
do
common
100
117
Nor wic hAWorcestcr, leased, 10.100 116
15
Id *2
Ogdensburgh A Lake Champ... 100
62*2 63
do
Pref., 8. .100

65

97

95

6*2

5*2

Union A Titusv.—1st, 7s, 1890. JAJ
42
97
Clev. A Mahoning Val., leased...50
Utah Cen.—1st M., 6s, g.,1890. JAJ
*9*1*
65
95
'C’lev. A Pittsburgh, guar., 7
50
Utah Southern—let 7s, 1891
5
80
47e
99
|Col.
A
Indiana
Central...
Chic.
100
Utica A Bl’k R.—1st M., 7s, ’78.JAJ
92
88
Columbus A Hocking Valley
Republican Valley
50
lOOj 117
95
Mort., 7s, 1891
JAJ
Columbus A Xenia, guar., 8
Richmond A Danville
100
50 106
1
Verm’t A Can.—New M., 8s
251
82
«
81
26
;.50
Richmond Fred. A P
100
1 Concord
oj
120
20
115
Mississquoi, 7s, 1891
JAJ
do
do
j
guar. 6
100
j
A
Concord
Portsmouth,guar.,7
100
Verm’t A Mass.—1st M.,6s, ’83. JAJ 1IO414IO434 Connecticut A Passumpsic
40
42
do
do
•
100
guar. 7
100
Conv. 78, 1879
JAJ 1112
112*2 Connecticut River
100 137*2 138
Richmond A Petersburg
100
do
119
7s, 1885
JAJ 1116
Cumberland Valley
Rome Watertown A Ogdeusb. .100 |
50
Vermont Cen.—1st M., 7s, ’86.MAN
10
10*2
do
Rutland
Pref
50
100
2d mort., 7s, 1891
3
JAD
do
Danbury A Norwalk
50 ?
Pref., 7
100\ 10
Income extension 8s
*2*6
24
2d
MAN
18
2%
St. Louis Alton A Terre Haute. 100
Dayton A Michigan, guar., 3*2-.50
Stanstead S. A C., 7s, 1887..JAJ
25
26
98
5
do
do
do
Pref. 100
Pref., guar., 8.50
Vick. AMer.—1 stM. .end. ,7s,’90. J AJ
45
i Delaware
Belleville A So. Ill., pref
50
100
*
2d mort, end., 7s, 1890
1
30
JAJ
(Delaware A Bound Brook
100
St. Louis Iron M’n A Southern. 100
1378
VirginiaATenn.—M., 6s, 1884.. JAJ
93*2 94
i Delaware Lack. A Western
45% 45 7a
do
assented....
1358
pO
4th mort., 8s. 1900
JAJ 103 34 104*2 Denver A Rio Grande
8
11*2 16 ! St. Louis Kansas C. A North.. .100
100
Wabash—1st M.,ext.,7s, 1890. FAA 135 I
22
25
do
do
32%
pref., 10.100
[Det.
Lansing
Northern,
com
.100
A
do
do
ex coup....
65
103*2
do
~
do
100
90*2 91*2 St. Louis A San Fran
pref. 100
2d mort., 7s, 1878
MAN 102 ’
57
60
38
do
Pref
100
j Dubuque A Sioux City
100
do ext., ex coup.. 1893
40
40
do
1st pref.vIOO
8178: 82*2 East Pennsylvania, leased
50 §36
11
’ East Tennessee Virginia A Ga. 100
42
Equipment, 7s, 1883
MAN
37
4*2
St. Paul A Duluth
\
Cons, mort., 7s, 1907, conv. .Q-F;
11*2 11*8
do
22*2
j
'(Eastern (Mass.)
pref
do
do
ex coup...
72
73
63~s 64*4 Eastern in N. H
100
Schuylkill Valley, leased, 5
50 §
1st, St. L. div., 7s, 1896
20
95
FAA L15
Eel River
100
Seaboard A Roanoke
100
do
do ex mat. coup.
30
95
86®8 87*2 Elmira A Williamsport, 5
do
50 §*26
guar
100
Gt. West., Ill., 1st, 7s, ’88... FAA 135
44
Shamokin Val. A P., leased, 6...50 §
1
Pref., 7..50 §*41
do
do
do ex coup.FAA 103
70
60
!iErie A Pittsburg, guar., 7
Shore Line (Conn.), leased, 8... 100
50
do
2d, 7s,’93...MAN 101
115*4 South Carolina
100
Fitchburg..
100 115
do
do
ex coup....
82
25
30
83
82*2 Florence El Dorado A Walnut V.100
Southwestern, Ga., guar., 7
100
Q’ncy A Tol., 1st, 7s, 1890..MAN
80
84
^Georgia Railroad A»Bank’g Co.100
Syracuse, Bingh’tou A N. Y
100
do
1 Grand
do
ex coup....
90
5
River Valley, guar., 5.. 100
Summit Branch, Pa
50
Ill. A S. Ia., 1st, 7s, ’82
FAA 115
Hannibal A St. Joseph
90
15*8 15% Terre Haute A Indianapolis... .100
100
do
43*2 44
Toledo Peoria A Warsaw
100
7.. 100
tit
do ex coup
9434 ...... |
do
Pref., 7..100
Warren (N.J.)—2d M., 7s, 1900.
59
do
do
1st pref. 100
..j
!
HarrisburgP. Mt.J.AL., guar.,'7.50 §*57
WarrenAFr’kln—lstM.,7s,’96.FAA; 82 ! 85 ; Housatonic
100
do
2d pref.. 100
do
Weetch’rA Phil.—Cons.,7s,’91. AAOj 117
118
do
United N. Jersey RR. A C. Co.. 100 134*2
Pref., 8
100
West’n Ala.—1st M., 8s, ’88...AAO, 112
115
20
30
Houston A Texas Central
71
100
Union Pacific
100
2d mort., 8s, guar.,’90
115
1 Huntingdon A Broad Top.. ..:..50
3
AAO! Ill
13
§1
West. Md.—End., 1st, 6s,90...JAJl 108
112
ii
do
4*4 Vermont A Mass., leased, 5....100 117
do
Pref... 50
§*3 5p
1st mort., 6s, 1890
106 j Illinois
JAJ 103
79*2 81
20*8
' Wabash
Central
100
End., 2d mort., 6s, 1890
112
Warren (N. J.), leased, 7
81*2
Indianap’s Cin. A Lafayette
JAJj 108
50
50
2d mort., pref., 6s, 1895
95 ! Jeft’v. Mad. A Ind’p’s, l’sed. 7..100 103
JAJ
90
105
i1 Westchester A Pliila., pref
50 §50
2d, end. Wash. Co., 6s, 1890. JAJ 104
110
' Joliet A Chicago, guar., 7
100 100
§20
3d, end., 6s, 1900
112
JAJ 110
1
80
West. Maryland.
j Kalamazoo A. A Gr.R., guar., 6.100
WeBt’nPenn.—lst*M.,6s, ’93..AAO) 100% 101 ; Kansas City St. Jos. A Conn. B.100
5
58
Pitts. Br., IstM., 6s, ’96.....JAJ
99
! Wilmingt’n A Weldon, leas’d, 7.100
(100
Kansas City Topeka A West’n. 100 101*2 i’oo
West. Union RR.—lstM.,7Sj’96FAA I
74
79
Kansas Pacific
100
36*4
100
19*4 19% 1 Worcester A Nashua..

d”

70*2

100

“I

.

6s, 1901

109

Keokuk A Des Moines, pref... .100
Lake Shore A Mich. So
100
Lawrence (Pa.), leased, 10
50
Leavenworth Law. A Galv
100

'

!

do

j109

......

n

Cam. A Amb., 6s, 1883
do
6s, 1889

87
108

Bid. I Ask.

Railroad Stocks.

Ala. Gt.

Boston A Lowell
500
JAB! t.
hi
!Boston A Maine
100
MAN
—
St. Vincent A B.. 7s
JAJ IT 8*2,
100
83, Boston A Providence
!
do Receivers’ certfs., 10s. JAJ 1708
Buff. N. Y. A Erie, leased
100
St.L. ASanF.—2 d M.,class A ,’OOM AN
70
j 75 j Burlington C. Rapids A North.. 100
2d M., class B, 1900
40
45
MAN
j Burlington A Mo., in Neb
100
do
class C, 1900
36
43
MAN
l; Camden A Atlantic
50
South Pacific.—1st M, 1888 .JAJ
93*2! 94*s'
Pref
50
do
Summit Br.—1st, 7s, 1903
137
95
JAJ
:
j;Canada Southern
100
50
SunburyAErie— 1st M., 7s,’77. AAO 113 ! 117*2 iCatawissa
Sunb. H.A Wilkesb. 1st, 5s,’28,MAN
72
82
do
Old, pref
50
j
70
80
!
do
Susp.B.AErie June.—IstM.,7s
New, pref
50
Syr.Bing. AN. Y.—consoles,’06AAO 104 !.106 c> Cedar Rapids A Mo. and la. Ld.100
Terre H.A Ind.—1st M., 7s,’79.AAO
88 1 95 jl
do
Pref., 7
100
Texas A Pac.—1st, Os, g.1905 MAS
97
! Central of Georgia
100
Consol, mort.,6s, gold, 1905. JAD
HCentral of New Jersey
100
Inc. and land gr., leg., 1915. July
30
50
31*2 Central Ohio
Tol.Can. S.AD’t.—1st,7s,g. 1900JAJ
60
do
50
!
Pref
Tol.P.A W.—1 stM..E.D..7s,’94. J AD
!'Central Pacific
100
1st mort., W. D., 7s, 1896...FAA
jj
Col.
A
Aug
100
Charlotte
2d mort., W D., 7s, 1880
AAO
Cheshire, pref
100
Burl. Div., 1st, 7s, 1901
JAD
IjCliicagoA Alton
100
do
Cons. M., 7s, 1910..MAN
do
Pref., 7
100
Purch. Com. Rec’t 1st M., E. D...
Chicago Burlington A Quincy.. 100
do
1st mort, W. D...
96*2 99*4'
do
Burlington D
Chicago A East Illinois
1st pref. inc. for 2d mort
40
Chicago Iowa A Nebraska
100
do
IV r cons’d
30
Chicago Milwaukee A St. Paul. 100
United Co’s N.J.—Cons.,6s,’94.AAO *107
do
Pref., 7.100

Sterling mort., Os, 1894

! Ask.

Par

|

"

Bid.

25c.
8
%7
South.—Lim., A., 6s,pref..
:ioi jl
1%
Ul4'
Lim.,
B,
com
8
I
79 '
.' Albany A Susqueli., Guar., 7... 100
Cincinnati A Balt., guar., 8
D
.'*82* ;! Allegheny Valley
50
Memphis A Charleston
25
84*4
.! 46
31*2! 33
i! Atchison A Nebraska
100
Michigan Central
100
.'111
10334 104
Mine Hill A S. Haven, leased—50 §47*2
i Atchison Topeka A Santa Fe..l00
93s
Missouri Kansas A Texas
100
j
;: Atlantic A Gulf
100
2*o
4
Mobile A Ohio
100
;
'!
do
100
Guar.,7
111
82*2
Morris A Essex, guar., 7..
100 $109
i 91 I \tl. A St. Law., leased, 6, £
50
Nashville. Chat. A St. Louis
25
84
Augusta A Savannah, leased. ..100
! 9sn,ii Baltimore A Ohio
94
95 *
94*2 Nashua A Lowell
100
100
104
99WI
do
Pref., 6
100 103
Naugatuck
100
09
100
do
24, pref
:
Nesquekoning Valley, leased, 10.50 $19
60
Washington Branch
100 135 '145 | New Haven A Northampton... .1001
I 10
2*2' 3
New Jersey Southern RR
100
Parkersburg Branch
100;
110341 Boston A Albany
100 132*4 132 34; N. Londoii Northern, leased, S.. 100
11
10
1108
New Mexico A So. Pacific,
100
I! Bost. Clint. Fitchb. A New Bed.100
11 n

---•!

MAN!

2d sec., 7s..
Cons., 7s...
Bonds of 1809, 7s

92
95

76

MAN

St. Paul A Pac.—1st sec., 7s... JAD:

Jersey—Debent. 6s, 1883..MAS

1st mort., 6s, 1896

Wisconsin Cent.—1st, 7s, 1901. JAJ
Worc'r A Nashua—5s, ’93-’95.. Var. t
Nash. A Roch., guar., 5s, ’94.A AO I

*98**1

South western(Ga.)—Conv.,7s,1886

2d, 7s,guar., ’98

20
106
80
TO
70
75

88

of First Page of (^notations.

! 110
Lehigh Valley
50 § 34*e 34*4
6
5*«
28 | 30
Little Rock A Fort Smith
100
Wil.Col.AAug.—lstM.,7s;i900.JAD
i Winona ASt.Pet.—IstM.,7s,’87. JAJ 104 1107
103*4
Little Miami, leased, 8
50 103
102
2d mort., 7s, 1907
§41*2 42
MAN 100
I Little Schuylkill, leased, 7... .*.50
!!
Ex., 1. g., mort., 7s, g., 1916.. JAD n.... 99% Long Island...,
50

**85*' ’*9*6”

j

3d mort., Os, 1880-’90
JAJ
So. Ceu. (N.Y.)—1st7s, 1899.. FAA
2d mort. 7s, gold, 1882, guar..
So. Minnes’ta—lsfM.,7s (piub)JAJ
1st mort. 7s, 1888
JAJ

VV.

j

fVoL. xxviii.

BONDS—Continued.

STOCKS AND

Railroad Stocks.

100
100

1st, sterl. mort.. 5s,g.,’82-’88.JAJ

-

OF

Explanations See Notes at Head

For

Bds,7s,’02,2d M.,unenjoined A AO
B(ls.,ls,non. mort.,enjoined AAO
South Side, L.I.—1st,7,1887...MAS
do
S. F., 2d, 7s,1900.MAN
South Side, Va.—1 st, 8s,’84-’90.JAJ
2d mort., Os, 1884-’90
JAJ

CHRONICLE.

„

105
66
100

117*2

3
12
4
10

14%
1478
8*4

33*4
42

0*2
23
105
105

90
8
95

I

*7*i%
15
120

2038
56
25

'

5

62

li

‘Price nominal; n« late transactions,




t The purchaser abso pays accrued interest.

J In London,

ft In Amsterdam.

§ Quotation per shars.

March

THE

29, 1879.]

GENERAL
For

Union Trust

,

Chesap. & Delaware—

mort.,6s,’86 J&J

Chesapeake & Ohio—
Q.-J
6s, 1870
Delaware Division—

|U. S. Trust Co...

Coup. 7s. 1894. A&O
Keg. 7s, 1894 ..A&O
1st Pa.D.cp.,7s,M&S
do
reg. 7s,M&S
James Riv. & Kan.—
1st mort., 6S...M&N

2dmort., 6s.. .M&N

N.E

Lehigh Navigation—
6s, reg., 1884
Q-J
RR. 6s, reg., ’97.Q-F
Deb.6s, reg.,’77,J&D
Conv.6s,reg.,’82J&D
do 6s,g.,rg.,’94M&S

6s,g.,cp.&rg..’97J&D

Consol. M., 7s.. J&D
Louisville & Portl.—
3d mort,, 6s
4tli mort., 6s
Morris-

EXPRESS ST’CKS

100
97
102
101
100

96
101

100% 100%
50
10

[American
1

j Wells Fargo

106%

106

*92% •95"

GAS STOCKS.

68

89

91

85
110
90
135
70
50
70
25
75

Brooklyn, L. 1
25
Citizens’, Brooklyn.20
Metropolitan, B’klyn.
Nassau, Brooklyn ..25

People’s, Brooklyn. 10
60% Williamsb’g, B’klyn 50

59%

Charlest’n,S.C.,Gas.25
Chicago G.& Coke. 100

26

Cincinnati G. & Coke

40

130
150
31
145
60
106

.

Hartford, Ct., G. L..25
Jersey C.& Hobok’n 20

70

51

People’s, Jersey C...

25

Louisville G. L
Mobile Gas & Coke..
Central of N. Y
50

40
180
115
115
70
100
70

Harlem, N. Y
50
Manhattan, N.Y... 50

Metropolitan, N.Y.100
Municipal
100
Mutual of N. Y....100
New York, N.Y
100
N. Orleans G. L. .100
N. Liberties, Pliila..25
.

§*25

Washington, Phila..20

100

Portland, Me., G. L.50
.50

St: Louis G. L

50

Laclede, St. Louis. 100
Oarondelet
50
San Francisco G L...

50
pref. 50
Susquehanna
50
do

Canton (Bait.)—
£ 6s. g., 1904. ..J&J

'68

Knob I. (St.L)lOO
do

80
89

Mort. 6s,g.,1904 J&J
Un. RR.,lst, end.,6s.
do 2d,end. 6s,g.M&N

80

57%
75
30
85
24

M., 7s, 1885.J&J

’79...J&J
.

HI. & St. L. Bridgelet, 7e, g.. 1900. A&O
2d M.,7s,g.,1901 J&J
3d, 7s, g., 1886.M&S
Tun’l RR.,lst,£,9s,g.

Cambria Iron(Pa.).. 50

OO

93
45

i:o3

68

+

Mariposa Gold L.&M.—
Cons. M., 7s,’86.J&J
Pullm’n Palace Car—
2d series,8s,’81M&N
3d series, 8s,’87F&A
4th .do
8s,’92F&A

Deb’nt’re,7s,’88A&0
8tlg, 7s,g.,1885 A&O
St.Charles Bridge—
7 for 3, 8 for 25 ju s.
Western Union Tel.—
7s, coup., 1900.M&N
7s reg., 1900.. M&N

102
101
102
100

96

pref. 100

i Allouez

50

[Calumet & Hecla.. .25
25

Central

1
i

|

80
45
190
125
125
75
105
74
34
36
70

Copper Falls

50

Dana
Dawson Silver
Duncan Silver

25
20
20

Franklin

25

25
International Silver20

Humboldt

j Madison

[Mesnard

25
25

[Minnesota

25

National

..15

25

[Osceola
Pewabic

Phenix

25

Quincy
Ridge

25

Rockland
Silver Islet
Star

25
25
25

Superior

25




95

Chollar-Potosi
100
Cleveland Gold
10
Consol. North Slope...
Consol. Pacific
Consol. Virginia... 100
Confidence Silver. 100
Crown Point
100
Dalilonega
90% Eureka Consol.... 100
880
Exchequer G. & 8.100

*580

(Ct.)lOO
100
Holyoke W. Power. 100

214
53
159
1000

220

Laconia (Me)
400 410
Lancaster M.(N.H)400 710
Lawrence (Mass.) 1000 1310
Lowell (Mass)
690 550

420

j Middlesex

36V

35

595
7
40
94
510
97
101
50

Findley
Gold Placer
Gould & Curry S..100
Grant..
100
Grand Prize
Granville Gold Co
Hale & Norcross. .100

Henry Tunnel Co.....

1320
560

234

178
2%

Kings Mountain

HJ....500 515

525
90

Lacrosse

89

Pepperell (Me.)

500

Salmon Falls (N.H.) 300

100
30

99% 101

4%

183

2% Naumkeag (Mass.)lOO
35
2
j N. E. Glass (Mass.)375
2%: Pacific (Mass.)... 1000 1750
Penn. Salt Mfg. Co..50 §74
30
20

13
78
30

180

(Mass.). 100

Nashua (N.

720

250

20
Sandw.Glass(Mas8.)80
Stark Mills (N.H.) 1000 990
Tremont& S. (Mass) 100 xllO
Thorndike(Mas8.) 1000 700

Union Mfg.(Md.)..
13% W ashingrn (Mass.) 100
79% Weed Sew. M’e (Ct.)25

!

15

Farmers’&Planters’25

1 First Nat.of Balt.. 100

Franklin
12%
! German
American....

i

172% 173

Howard
1
Marine
30
3s! Mechanics’
10
10c. j
Merchants’
100
10c. I
National Exch’ge. 100
4%

24

23

%
•«••••

5c.

4%

)

People’s
25
Second National ..100

**50cJ
25c. [

Third National....100
Union
75
Western
20

4

1

45c.

50c.

15c:
10 34

7s!
10 34

34
56

5
11
1

transactions, t The purchaser

100

City

100

100

Commerce (new).

Commonwealth... 100
Continental
100

7%

6%

28
9% 10
106
105
99
98
20
16
160
120
91% 95
58% 60
30
29
27

130% 131
106% 107%
87
85
93
102
89

85

Columbian

148
79
107
135
83
78

85
100
94

88
90

93%
103
91
90
150
80
108
137
84
80

85%

101
95
Eliot
100
Exchange
100 129% 130
86
84
Everett
100
•21
125
100 122
Faneuil Hall
175
First National
1001 172
75
70
First Ward
100
•30
83
82
Fourth National..
94
Freemans’
100; 90
85
Globe
100! 80
110
Hamilton
100, 108
97
•53
96
Hide & Leather
.100
101%
101
Howard
100[
71
69
Manufacturers’.. 100 [
81
Market
100: 79
140
Market(Brighton). 100’ 135
105%
Massachusetts ....250[ 105
Maverick
100; 146 148
108
Mechanics’ (So. B.)100[ 107
93
91%
Merchandise
100
2-50
Merchants’
190; 129% 130
97
530
100 96% 160
Metropolitan
Monument
100 155
90
Mt. Vernon
100
132
•24
130
New England
100
115
North
100, 114
91%
91
North America.... 100j
58
•59
56
50[
Old Boston..:
*28
Pacific
1001 93% 94
140
People’s
100 135 121
120
Redemption
100 124 126
Republic
100 90
93
•20
100
Revere
125
122
Rockland
100
132
..100 131
Second Nat
176
175
Security
100
•25
102%
100 102
Shawmut
91
1-40
89
Shoe & Leather... .100
1-50
State
100 109% 110
Suffolk
100 109% 110
88
85
Third Nat
100

100

Eagle

100[

50

.

•30

100

Traders’
Tremont
Union

Washington

100
.

Webster

100

Moose
Mont Bross

Atlantic (State)

Brooklyn
First National

10

Merrimac Silver... .10
Mexican G. & Silv.100

100
100
100

Brooklyn.
•25

Fulton
3’55

Navajo
78
N. Y. & Colorado
3
64% 65% Northern Belle.... 100
Willim’tic Linen(Ct)25
York Co. (Me.)
750 1150 1160 Ontario

Price nominal; no late

!

25
1
57 |
25c. I
5c.

Memphis

25

1010

20
80
7

100
100

Leviathan
Lucerne

100
100
100

|

Leeds

Leopard

78

740
260

j

Boston.
Atlantic
Atlas
n
5c.! Black8tone

Lady Washington

50

725

-

Kossuth

1760

115

Farmers’ & Merch..40

112
20
29
12% 13
98
97
30
28
35% 36
33
31
116
109
7
6%
108
101

110
13
26

..

100

Bullion

Caledonia Silver ..10o
100
California
Calumet & Hecla
112% Cashier

Cocheco (N.H.)
500
Collins Co. (Conn.).. 10
Continental (Me.). 100

6%

Buckeye

40

McKaySew’g Mach. 10 '*28*

*

*62

American Consol...
American Flag....
Bechtel
Belcher Silver ....100
Bertha & Edith...^
Best & Belcher.... 100
Bobtail...:
Bodie

25

Equitable Tr. (N.Y) 100

Mtg.SecurJBost.)

29
1610
92
675
120
20
127
1625
975

48

STOCKS.

O. Dominion SS. Co. 100
Pacific Mail SS. Co. 100
Pullm’n Palace CarlOO
8t. Louis Transfer Co.
Sutro Tunnel
10

102

Citizens’
10
| Com. & Farmers’.. 100
1 Farmers’ B’k of Md.30

50
56

25
25
50

Petherick

25

Chesapeake

25

MINING
i| BOSTON
STOCKS.

155
33
155
70
108

STOCKS.

Bank of Baltimore 100
Bank of Commerce.25

Wilkesb. Coal & I.. 100

,

100

St. Nicholas Coal ...10

Alpha Consol G& S.100

100 §112

Jackson (N. H.).. 1000
Kearsarge
100

BANK

-.

San Juan Sil. Min.100

Hukill
Lowell Bleachery.200 192% 197% Hussey
725
Imperial
Lowell Mach.Shop.500 715
82
Independence
79
LymanM. (Mass.). 100
Julia
Manchester (N.H.) 100 123% 124
Mass. Cotton
1000 1040 1050 Justice
Kentuek
48% Merrimack (Mass) 1000 1300 1305

93%

MISC’LLANEOIJS

Merc’ntile Tr. (N Y) 100

100

12%
34%

26
13
36

j

i
j

*59
•10

Trio
Tuscarora

CAL. & NEVADA
MINING STOCKS

90
Dougl’8 Axe (Mass) 100
Dwight (Mass.). ..500 500
95
Essex Wool (Mass.)lOO
Everett (Mass.)... 100 100
103
45
Franklin (Me.)
102
100
90
Great Falls (N. H.)100
103
100% Hamilton (Mass.) 1000 870

112
111

Amer’n

Amer. Dist. Tel
25
Amer. Dist. Tel.(Balt.)
Atlan. &Pac. Tel. .100
10
Boston Land
Boston Water Power..
Brookline (Mass.)L’d5
Canton Co. (Balt.). 100
Cent. N.J. L’dlmp.100
Cin. & Cov. B’dge pref.

..

Hartf. Carpet
Hill (Me)

8terl’g 6s, 1900.M&S iioo
SS.Co.(Phil.)—
6s, R. C., 1896..A&O

Chicopee (Mass.)

Tip Top

Utah
40% Union Consol
137
I
Yellow Jacket

[Westmoreland Coal.50 $50
i
I

Bates (Me), new ..100 124
Boott Cot. (Mass.) 1000 1610
Boston Co. (Mass.) 1000 925
Boston Belting.... 100 115% 116%
720
Bost. Duck (M~ass.)700 700

1879 F& A
'Cumberl’d&Pa.,l st,’91

4
10

2

[Spring Mount. Coal.50

110%
95
140

pref

iSliamokin Coal

65

89
Androscog’n (Me.).100
Appleton (Mass.). 1000 650
Atlantic (Mass.)... 100 119
15
Bartlett (Mass.)... 100

108

1st, coiiv.,68,’97.J&J
Cumberl’d Coal & I.—
let M., 6s,

Silver City
100
Silver Hill
100
Southern Star G&S100

......

Baltimore.

do

125
77
90

$65

96% Am.B.H.S.M.(Pa.)12% §28
96% Amoskeag (N.H.) 1000 lo90

Consol. Coal—

2d M., 6s,

32%

|S. Raph’l Sil.,Mob. 100

MAM CFACT’ING
STOCKS.
96
96
106

'*60* ■*90

40

(At N. Y. Board.)

MISC’LL ANEO CJS
BONDS.

1st

110
124
75

100

Salem, Mass.,

pf., guar.l0..100

do

88%

Maid. & Melrose... 100
Newton & Wat’n ..100

Lehigh Navigation..50

Schuylkill Nav

75

pref. 100

Quicksilver Min’g.100

126% 127

Cambridge, Mass.. 100

106

65%

Raymond & Ely... 100
St. Joseph Lead
10
Savage Gold& Silv.100

-

New Creek Coal.... 10
N.Y. & Middle Coal.25

110

Brookline, Mass... 100

IO3W10412 Lynn, Mass., G. L..100
105

115

99%
11% 12
747% 750
28%
28
j Pilot
107% 108
I

Boston Gaslight...500
East Boston
25
South Boston
100

Del. & Hudson
100
Del. Div. leased, 8..50

Pennsylvania

105
98

Baltimore Gas....100
do
certs...

Par.

4

do

Chelsea, Mass
100
93% I Dorchester, Mass. .100
Jamaica Pl’n,MasslOO
1
Lawrence, Mass... 100

93
65

-

1

George’s Cr’k C’l (Md.)

99

People’s G.L.of Balt.25
104

-r

*2 ”

Chesapeake & Del..50

guar.,

Phil. Sheridan

20

48

.100
.100

United States...

-

3*35

Plumas

40

*

105% 106
4834
47

.100

Adams

98

97

CANAL STOCKS.

do

iCameron Coal.

90

Union¬
ist M., 6s, ’83..M&N

Morris,

1 Overman G. & S...100

25

43

40

Boat l’n,reg.,’85A&0
New mort.'.

Pennsylvania—
6s, coup., 1910..J&J
Schuylkill Nav.—
1st M., 6s, 1897.Q-M
2d M.,6s, 1907..J&J
Mort. 6s„cp., ’95 J&J
6s, imp.,cp., ’80 M&N
6s,bt&car,1913M&N
7s,bt&car,1915M&N
Susquehanna—
Gs, coup., 1918. .J&J
7s, coup., 1902..J&J

Orig.Comst’k G& S100
Original Keystone....

$*35

Delaware & Hudson—

7s, 1891
J&J
1st ext,, 1891..M&N
7s, 1884
J&J

'American Coal

Ask.

100

Ophir Silver

COAL & MISCEL.
MINING STOCKS.

103% 104

Bid.

Bank Stocks.

Ask.

Bid.

Miscellaneous.

Ask.

112

.100
.100

U. S. Mort.Co.(NY) 100
West. Union Tel. .100

76%

75

J&J

6s, 1878

Bid.

Miscellaneous.

Quotations

Head of First Page of

I
i

CANAL BONDS.

1st

BONDS—Continued.

QUOTATIONS OP STOCKS AND

Explanations See Notes at

Ask.

Bid.

Canal Stocks.

323

CHRONICLE.

also pays accrued int. tin London.

City National
Commercial
Long Island
Manufacturers’
Mechanics’
Nassau

Brooklyn Trust

§ Quotation per share.

80

85

105

106

130
125
98

132
128
99

105
100
170
75
200

190
96

230

75
90

85
95

150

160
160
105

150
95

.

324

THE
GENERAL
For

Bid.

Bank Stocks.

QUOTATIONS

Ask.

Bank Stocks.

100

)
)

105% LOG *2

>

80

8
45
40

140
140

13*6'

|;1591

City---.-

175
90

100

121*4

;82
J135
l

)

East River

!200

:

93

1

;

99*2
Gallatin National

i

'

101
1100
|102

145

ill5
'145

t‘203

City Nat

74
32
114
97
147
119
64
147
107

118

i

116
59
85
92

60
89
95
12
82
90

Commercial of

..

West.Finan.Corp..lOOj
Mobile.
Bank of Mobile
25
First Nat
100
Nat. Commercial.. 100
Southern B’k of Ala25

..

80
88
83
105
100
100

84
..

93

:ioo

102
88
126
82
100
80

Shoe & Leather.

:

:i23
93

Tradesmen’s

12
92
127
85
102

Exchange

100

Federal
Hamilton

100
100

Imperial

100

Jacques Cartier... 100

Maritime
Merchants’
Molsoii8
Montreal
Nation ale
Ontario

Quebec

100
100
50
200
50
40
100

Standard
Toronto
Union
Ville Marie

100
100
100

Lafayette

00
94

53
53

91

Southern
State Nat
Union

Workingmen’s

50
50
100
.\100
25

51

ioi *2

1(34*2

60

55
55

92
65
95
93
93

90
90
47 *2

133
122
65
L17

63
xlll
xll5
64
65
xl26
95
130

120
65
70

128
100
140

.Etna Fire
100
Atlas Insurance.. .100
Connecticut
100
Hartford
100
National..:
„100
Phoenix
Steam Boiler

1

85

......

127
80
115
90
90
120
112
85
120
100
115
60
90

100
40

Canal Nat
Casco Nat
First Nat

100
100
100
Merchants’ Nat
75
National Traders’. 100

London.
Commerc’l Uuion

25
First Nat
100
Merchants’ Nat... 100
Nat. Bk of VirginialOO
Planters’ Nat...... 100
State Bank of Va.100

£5

222 *2
37
111
230
146
108
222
60

1

"II!*.*

& L...2

63

j]]

37

15*4
.43%
3*4
..3

49
141
123
127
105

127

ns’ Mutual. ..100

50*2
L42
130
129
10G
129

113
80
104
73

Farragiit

:

Firemen’s

Germania
Globe
Greenwich
Guardi aii
Hamilton
Hanover

50
50
25
100
15
50

Hoffmap

50

Home

100

Hope

[l

315
125
70

|;

h

§ Quotation per share.

170

50

•*

......

105
GO

50
135
175
105
270
67
135
155
85
122

140
180
125

75
140
162

90
125

105

108
105
80

Importers’ & Trad.. 50 100
75
Irving
...100
Jefferson

30

Kings Co. (B’klyn) .20

Knickerbocker... ..40
Lafayette (B’klyn) .50

Lamar
Lenox

100
25

165
85
150
105
90

140
100

Long Isl’d (B’klyn).50

150

Manuf. & Ruilders’100

135

Manhattan.
100
Mech. & Traders’...25

87*2

50

110
166
170
80
140

30
Montauk (B’klyn).. 50

115

Nassau (B’kly'n)....50
National
37*o
New York City
N. Y. Equitable
35

105
65
190

Niagara

50

North River

25

112
115

Mechanics’ (B’klyn)50
Mercantile
50
.

Pacific
Park
Peter

25
100

Cooper

20

People’s
50
Plienix (B’klvn) ....50
Produce
Relief

ExchangelOO

Republic

Ridgewood...
Rutgers’
Safeguard

100

100

.

100
100
52

St. Nicholas

Standard
Star

50
100
100

Sterling

Stuyvesant

25

Tradesmen’s
United States
Westchester
Wi|bamsbur°f City

25
25
10

50

m

m

*

•

85

120
170

•

•

.

•

123
240
110
198

......

105
190
115
123
60

120
127
*

~ ..50

90
75

70
95
160
105

112

80

......

125
109

•••*•■

112
95
122

......

......

135
125
105
198

140
135
110

Philadelphia. §

150
248
454
37*2

29*e
255
170

Richmond.

City

100

Granite

100

Virginia F. & M
25
Virginia Home.... 100
Virginia State..
25

93

St. Louis.
American Central..25
Citizens’
100
Jefferson
100

80

....

107*2 Marine
Pacific

21

100
100

San Francisco.
California
100

43

......

35

80*2 82*2
2Si8; 28%*
448*2 Western

|

X Last price this month preceding 27th.

37
100

27

25
102 bj

•

.

.

•

90

85

90
15

110

112
90
117
85
112
115
105

88

Firemen’s Fund
100
Home Mutual
State Investment. 100
Union
100

......

80
84

Piedm’t & A. Life. 100

41

175

200
105

25

Howard

45*2
...

55

70
133

100
45
103

15
50
50

*85” ’96”

Mutual

125
120

17

Firemen’s Fund.... 10
Firemen’s Trust
10
Franklin
160

13
45

IS

206
200

175

115
123

Merchants’&Mech.lOO

54

80
87*2

200

30
50

75

75
35

20

80
200
30

100

Exchange

60
75

New Orleans.
escent Mutual
ctors’ and Traders’.

16.6

55
73
195

3*2

21*4'

21

73
135

American Fire
100 *135
Fire Association... .50 245
7*2 Franklin Fire
100 *440
65 j Delaware Mutual.. .25 *35
15*2! Ins. Co. of N. Am’ca 10
2978
33
Ins. Co. State of Pa 200 *245
44*4' Pennsylvania Fire 100 155

Mobile.

St. Louis.
B’k of Commerce.. 100
Commercial
100
Continental
100

20*2
68
155

7*4

!

!<

70

IP*-,
66
153

125

Richmond, Va.
City Bank

219
30
109
225
145
107
220
58

170

Portland, Me.
Cumberland Nat.. .40

100

Emporium T.

Metropolitan

481*2

97* ’
12%

90

133
121

50

BO

German-American 100

Hartford, Conn.

137

Price nominal; no late transactions.




OU

1 u

120

......

83

Clinton

414

11 *2

50
85

55

1
*

r;A
i

110

51

G2
95

City

7

115

52
170
165
123
64*2 G5
GO
62
25
25*2
95
95*4'
GO
95
97
125
135
80

Mechanics’ Nat....

17
20
70
100

Citizens’

27
39

3 *2

.

*150
*150
120

81

50
..

People’s

38*o

85
100
115
110

*40

Sixth Nat
100
Southwark Nat
50 *120
98
100*2
Spring Garden
100
100
98
22d Ward
50
102 *«
Third Nat
100
31% 33
Union Banking Co.100
Union Nat
54
50
78*2 79*4 Western
*
Nat
50
75
77*2 West
Philadelphia. 100

Louisiana Nat..
100
Mechanics’ & Trad..20
Mutual Nat
100
New Orleans Nat.. 100

2638

23*2

*

136

Enterprise...

260
*175*2 180
80
98
53

46*2 147*2

150

Brooklyn

Empire City

1

Commercial..

Manufacturers’Na

SO

New Orleans.
Canal & Ban king.. 100
Citizens’
100
Germania Nat
100
Hibernia Nat
100

145

..

50

25

! Brewers’&M’ist’rs.lOO
Broadway
25

6*4

5%

60
125
75
135
110

azon(uew stock
Cincinnati

Philadelphia.§

Eighth Nat

100

Merchants’..

ll6”

:
>:

Excli... 100

J Bowery

98

Cincinnati.

....

82
90
103

12
120
72*2 75
20
18

97

| North American ..100
Prescott
100
■'93” Revere
-.100
102*2 Shawm ut
100
L- Shoe & Leather. ..100
92
! Suffolk Mutual... .100
125
Washington
100

250

10
115

47*2

LOO

103

x

Kensington Nat,...

100
101

N.Engl’d Mut.F&MlOO

...

108*2!
89

128

..

102

103

135
79

.

4

'

Montreal.
British N. America.
Commerce
50
Consolidated
100
Dominion
50
Du Peuple
50
Eastern Townships.50

70
112
97

Mercantile F. & M.100 130
Neptune F. & M...100IXL18

128

Park
Plienix

Alliance
100)
American F. & M. .100
Boston
100)
Boylston
100

GO

;ioo

I Pacific
! People’s.

Louisville.

Farmers’ of Ky ...100
Farmers’ & Drov ..100
First Nat
100
German Ins. Co.’s. 100
German
100
German National. 100
Kentucky Nat
100
liouisv. Ins.& B. Co.40!
Masonic
.100
Merchants’ Nat. ..100
Northern of Ky
.100
People’s
100
Second Nat
100
100
Security
Third National. ...100
Western
100

35

50

Atlantic.

81
88
35
40
75
115

100
135
123
90~~ loo”
112*2 113
126
Commonwealth. ..100
77
80
:72
Dwelling
House...101' xll4 Li 6
117
11778 Eliot
100 xl26
L28
1 Faneuil Hall
80
100
70
80
i
*123
L57
Firemen’s.,
100 xl53
Franklin
59
100
62
:i47
Manufacturers’. ..100 x.120
125
71*2
Mass. Mutual
100 110
LL2
7 OH
Mechanics’ MutuallOO
84
85

1

Merchants’

118
03
125
76
33
115
LOO
L50
122
66
150
114

Amity

105

Boston.

127

Mechanics’ B.

114
62

Ky 100
Falls City TobaccolOO

12G
80

115

Hartford.

100

100
80
87
30

:ioo

Etna Nat
100
American Nat
50
Charter Oak Nat.. 100

City Nat

! American

70

Commerce Fire-.... 100
Commercial
50
Continental
100
40
Eagle

\

120
70

.

100

Columbia

Baltimore.
Associate Firemen’
Baltimore Fire Ins.10)
,1 Firemen’s Insur’ce. 18l
i Howard Fire
5
Maryland Fire
10)
Merchants’ Mutual.50
National Fire
.10)

100

25

[Etna

STOCKS.

81*2
150

>:

Citizens’S. &L....100
Commercial Nat .100
First Nat
100
Merchants’ Nat... 100
National City
100
Ohio Nat
100
Second Nat
100,

Bank of Kentucky 100
Bank of LouisvillelOO
Citizens’ National, ion

i Wells, Fargo & Co

93

...

Adriatic

......

115

First Nat
100
Hartford Nat
100
Mercantile Nat
100
National Exchange.50
Phcenix Nat
..100
State
100

Merchants’ Excli.. 100)
Nat.Gold Bank&Tr.Co>
Pacific

104*2

New York.

90
72

145

t
-228
144
7G

j130

1 Union

J American

Grangers’ B’k of C.100)

......

,400

130

140

89

Bank of California....
First Nat. Gold
100)

20

jSun Mutual

San Francisco.

L...

! loo

101
110

)

....

....

83
200
100

135
120
93

)

7
69

)

People’s

Ask.

1 Teutonia

)

112
100

Chatham
Chemical

Insurance Stocks. ! Bid.

50
212

205
90

42*2

.

:

Ask.

)

Merchants’, Old.
Merchants’ Nat
8t. Louis Nation;

..

95
94

Cleveland.

100
Connecticut River..50
Far. & Meek. Nat. 100

Bid.

i

128

)
)

Chicago.

Fourth National
German Banking Co..
Merchants’ National..
Nat. Bank CommerceSecond National
Third National

Insurance Stocks.

New York.

S.C.Loan&Tr. Co. 100
Union Bank of S. C.50

Cincinnati.
First National

AND BONDS —Concluded.
I

Ask.

Bid.

America

People’s National. 100}
People’sofS.C.(new)20:

Fifth National ....100
First National
100
Hide and Leather
Home National ...100
Merchants’ Nat.. .100
Nat. B’k of Illinois.100
Northwestern Nat. 100
Union National
100
Un.Stock Y’ds Nat. 100

STOCKS

OF

[VOL.- XXVIII.

Etplanation^ See Notes at Head of First Page of Q,dotations.

Charleston.
B’k of Clias.(NBA) 100
First Nat. Chas.. .100

Commercial Nat... 100
Corn Excli. Nat.. .100

CHK0N1CLE.

115
80
110
112

100

•

•

March

325

THE CHRONICLE.

20, 1879. |

Mail
Rent
Pullman Iron Mtn.

Jmrcst inputs
CORPORATION FINANCES.
The Investors’Supplement is published on the last Saturday
of each month, and furnished to all regular subscribers of the
Chronicle.
No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular
subscribers. One number of the Supplement, however, is bound
up with The Financial Review (Annual), and can be purchased
STATE, CITY AND

in that

shape.

ANNUAL
St. Louis Iron

densed

REPORTS.

31, 1878.)
the following is cor-

:

The gross earnings
year were
The operating and

of the transportation

department for the

general expenses were

Total earnings

Net

$4,514,321
2,568,365

$4,500,422

$13,898

earnings

$1,945,955

$2,131,901

Motive power
Maintenance of cars
Maintenance of way
General expenses

Real estate
U. 8. land-grant,
U. 8. land-grant,

$-1,514,321
2,568,365

89-100 per cent.
against interest account

“

8,912
199,845

2,368,520

$924,895

$839,909

606,806
198,613
603,759
234,290

172,916
553,718
238,429

563,547

Dee.

Inc.

$84,985
43,259
25,696
50,041

4,139

Missouri

Cash

Uncollected earnings
Sundry railroads and persons
Rills receivable.

Bonded debt—Consolidated
Bonded debt—Unconsolidated
Funded interest—Certificates issued
Funded interest—Coupons outstanding
Interest accrued on bonds
Interest accrued on certificates
Bills
Bills
Bills

payable—Real estate
payable—New York
payable—St. Louis

Pay-rolls
Auditor’s

The

their consolidated bonds. While the
matter was referred to a master in chancery to ascertain the
amount due, and before any definite action thereon, amicable
negotiations led to a meeting of stockholders and bondholders,
which resulted in an ‘'agreement,” under date of November 27,
1878, which effectually and happily terminates the litigation.
The amount of coupons and deferred interest certificates which
will be thus disposed of by funding into first preferred income
bonds is $4,163,295; and of consolidated bonds—principal,
$3,934,000, and $56,000 of past due interest, and $99,000of
Cairo & Fulton incomes, to be converted into eecoud preferred
income bonds,—$4,089,000.
Total indebtedness to be thus
funded, $8,252,295.
This arrangement leaves the company subject to an absolute
charge for interest, from and after July 1, 1879, on the divisional
mortgages only, which amount to $21,876,000, and upon which
the actual annual interest to be paid will be $1,531,320.
The
amount of interest to be paid, if earned, on the first preferred
income bon ’8, 7 r er cent, will be $291,430.
The amount of
interest to be paid annually, if earned, on the second preferred
income bsnds, 6 per cent, will be $245,340.
Net income neces¬
sary to pay all interest in full upon the divisional mortgages,
and both classes of income bonds, will be $2,068,090.
No extraordinary expenditure is anticipated in the coming
year, unless it should be decided to change the gauge of the road
from 5 feet to 4 feet 8 inches. The estimated cost of such change,
now that our new shop buildings at De Soto are nearly complet¬
ed, is from $150,000 to $200,000.
Possibly, some new rolling
stock may be needed, and the 450 cars now running upon a rent
charge.of 1 cent per mile run ought to bo purchased. A new
bridge;at the crossing of R£d River is contemplated during tlie
coming year, and its cost is es.iinated at about $90,000. It is
quite possible that it may l e necessary to advance $75,000 to
$80,000 during the year to preserve our title to tlie laads in
Arkansas, as stated by the Land Commissioner.
earnings.

$3,282,897
1,027,884
62,545

>

Dec.

$

80,784
831

133,263
149,446
123,076
22,726

pay-checks.

437,240
$52,335,184

->

*

101,788

$8,727

*

Accounts audited

entitled to the interest on

Inc.

$21,202,661
266,440 $21,469,101
3,934,000
21,975,000 25,909,000
2,269,710
168,455 2,438,165
*1,896,652
t83,237 1,979,889

Capital stock—Consolidated
Capital stock —Unconsolidated

purchase

$74,147

752,929

$52,335,184

large amount paii for car mileage admonishes us of the pro¬
priety of relieving the road of leased cars as soon as
of
the whole number (450) can be accomplished. The fact that your
railway in 1878 performed more work, and received less in pro¬
portion for it, than in the preceding year, is to be attributed in
part, to the direct effect of the law of the State of Missouri,
enacted in 1875, and which took effect upon tlie operations of this
company in Missouri ou the first of April, 1878.
The serious litigation referred to in our last annual report
was substantially terminated by a decision of the United States
Court, in Oc ober, to the effects that the complainants were

1877.

604,826

1,236,415

Income

earnings for the year were n' t quite equal to expect¬
ation, and the operating and general expenses were somewhat
larger in proportion than they were during the year 1877. The

$3,208,749
1,108,668

438

3,165
19,126—
432,365
145,425
166,007
9,130—

-.

$279,965 for interest due Jan. 1, 1879, on
interest due Jan. 1, 1879, as follows:
C. & F. first mortgage certificates
consolidated mortgage certificates

Includes

C. & F. 1st mort.

t Includes

On
On

$58,513

19,051

$77,564
LAND

The gross

1878.

$560,189
21,907

laud-grant notes
Thomas Essex, Land Commissioner
W. A. Kendall, Assistant Laud Commissioner...
Union Trust Company, New York
Missouri

nominal,and was overbalanced by the cash
paid during the year all the accruing
mortgage (I. M.) bonds, and upon the
certificates, and half the interest upon all other

deferred interest
classes of bonds, so far as the coupons were presented.
total amount of coupons paid and canceled was $1,166,020.

^
656,977
$3,426,466
221,541— 3,648,008
198,310

'

Arkansas

Supplies and material (on hand)
Arkansas Trust land notes

The floating debt was
assets.
The company
interest upon the first

63,376

14,620

1,677

$2,568,365 =$2,368,520 $199,845
CONDENSED BALANCE SHEET OF GENERAL LEDGER^ DEC. 31, 1878.
Construction and equipment
$45,237,715

during tlie year
was $1,994,444,
toward the payment of which $84,371 was
derived from the proceeds of land sales, leaving $1,910,072 to be
provided for out of the net earnings of transportation. These
earnings were more than sufficient, to cover the entire balance of
the interest charge by the sum of $35,883.
But there was expended during the year $230,894 for construc¬
tion and equipment; $34,741 for real estate; $25,615 for taxes on
the Arkansas trust
lands; and $5,610 to pay a judgment
obtained against the Cairo & Fulton Railroad.
Our capital stock, including unconsolidated, stands at
$21,469,101
Our bonded debt remains at
.*
25,909,000
Deferred interest certificates outstanding
2,269,710
unfunded
168,455
Unpaid accrued interest on bonds
1,896,652




11,843

Conducting transportat’n.

The amount audited

Freight
Passenger
Express

12,642
2,777
8,912

OPERATING EXPENSES.
1877.
1878.

earnings were

“

10,965

1,298

DETAILS OF

The

43
earnings was 56

9,949

^

Less expenses

$1,945,955
proportion of net earnings to gross earnings was
11-100 per cent, and the proportion of expenses to gross
The net

8,650

$-

Total expenses

Mountain & Southern,

{For the year ending Bee.
the annual report just issued,

From

$106,757
Sleep¬

Miscellaneous

$21,411

$85,345

ing Car Company

AND

Dec.

Inc.

1877.

1878.

DEPARTMENT.

Sales of

Land.

Number of acres sold in 1878
Average price per acre $-1 34,
sales of land.
Of this, there has been received in
Sales of Town

32,854

making aggregate amount of $142,834
26,667
cash
Lots.

Amount of sales of town lots
Amount of cash collected on same

Showing total aggregate amt. of sales of lands
And total amount of cash payments on same
There has been collected on notes.
Ou aocouut of timber
And on account of rents from squatters

$9,447

and town lots...

Cash receipts

4,011
152,281
30,679
50,647
2,400
1,374
85,101

Remittances.

Remitted to Union Trust
Remitted to Union Trust

$51,936

Co. in cash
Co. in vouchers

33,873

$85,809

arises from the fact
the papers were not
completed in time to appear in report of sales for month of
December, 1878, but which will appear in report for month of
January, 1879.
There has been expended during the year $33,973.

The excess of
that mo ey was

remittances over receipts
received on sales when

Maine Central,

{For the year ending Bee. 31,1878.)
directors’report says: "The financial d illicithies
commenced in 1873 seemed to have reached their culminating
ve
point in Maine in 1878, and there is every reason to
return of prosperity to all our industrial and mercantile

which

The

that a
interests
is
near at hand.
In looking over the business of the road and comparing it with
previous years, it will be noted that the dim nislied business in
both passengers and freight lias been uniform y distributed
among our stations, showing that it is not owing to local causes
operating at special points, but arises from the general depression
This railroad extends
in business throughout the community.
large a portion of Maine that its returns for any one year
indicate unerringly the prosperity of the business ot the State,
and, as we note our statistics of traffic from mouth to month, we
without difficulty judge as to whether the general business
is
is not improving.”
The direc ors cf former years were advised that the State h*d
light under our charter to lay any tax upon this c unpany,
and in accordance therew;th the collection of taxes, assessed first
in 1874, was resisted in tlie courts as a violation of our chartered
rights. This question was finally decided against this company
by the United States Supreme Court, in the spring of 1878, and
have in accordance therewith paid taxes to the State of Maine
for the years 1874, 1875,1876, 1877 and 1878.
The aggregate of
taxes and interest for these years would have been about $72,000;
but under the provisions of a law passed in 1878 by the Legisla¬
ture of Maine, authorizing the abatement by the Governor and
br)i

now

“

over so

can

or

no

\te

326

THE CHRONICLE

Council of such portion of these taxes as should seem to them to
have been in excess of actual value, we obtained such an abate¬
ment from the sum assessed as to enable us to settle the taxes for
all these years, including interest, by paying $50,280, and we
have

accordingly

so settled with the State authorities.
It has been our endeavor to maintain the track and
equipment
of the Maine Central Railroad in every particular in the best

condition, notwithstanding the fact that diminished receipts
might have afforded a sufficient pretext for reducing our
expenditures to such a degree as to make an apparent surplus
where in reality none should exist.
INCOME ACCOUNT FOR

1878.

Receipts.
Passenger transportation
“
Freight
Express
“
Extra baggage
“

U. S. mail
Car use

$623,718

’

Rents and wharfage
Dividends Dexter & Newport

17,766-

$1,434,687
5,673

RR. Stock

300

Total earnings
Less operating expenses

Net

$1,440,661
840,704

earnings

$599,956
Receipts from other

sources.

Exchange of Maine Central consolidated bonds for
Portland & Kennebec RR. stock and Main Central
interest scrip, viz.:
Class B
$3,000
“
C
1,600
“
D
100From notes
“
sale of real estate
Dexter & Newport RR. rent, not due until after December 31

Outstanding

not presented for payment, and
interest scrip not called for
Sundry accounts payable on presentation
Add balance from report of 1877
$380,589
Less change of Guage E. & N. A. R’y, and other
items charged to profit and loss during the year
13,383—
dividends

“

on
“

floating

“
“

4,700
21,041
550

6,000

Less discount in exchange for bonds
Paid for real estate purchased
“

“

“

on

48,775
18,942

Total

Three

$317,732

engine-houses have been built, and considerable
progress made in filling in trestles and renewing truss bridges.
Tlie filling in of the trestles will be continued, and it is
expected
that all the heavy filling will be completed this
year, except the
West End trestle.
Only necessary work will be done upon this
until the question of ownership is decided.
The road is obliged to lease terminal facilities at both ends,
and,
especially at Jersey City, this has been an onerous charge. The
receivers secured a reduction last year from the
Pennsylvania
Railroad Company, amounting to $15,940, and
hope to secure a
new

further reduction.
The earnings of the road,
and all terminal charges on
follows in 1878 and 1877 :

after deducting all drawbacks, etc.,
the Pennsylvania Railroad, were as

-

319,392

367,206

$483,824

$428,700

$1,015,141

320,745
40,672
Total

change of guage European & N. Am. R’y
New Brunsw. & Can.R’y

11,095
3,802

“

“

previous years
sundry accounts

16,386
308.352

40,672

$361,417
$361,417

$349,024

$122,406

$79,676

Of the rentals, $37,960 was paid to the Middletown Unionville
& Water Gap RR. ,a’d $2,712 for trackage at Middletown. Passen¬
ger business shows a steady gain. •Freight also shows an increase
in spite of a falling off in iron ore and some other articles.
The
most

4,400
14,050

1877.

355,564
5,926

Mail, etc.

100

600—

“

1878.

$92,921

18,000
1,669

important business is in milk, and especial attention has
that traffic. The number of 10-gallon cans carried

been given to
for four years

10,876
37,161-

has been

as

follows:

No. cans
Increase

1875.

1876.

1877.

1878.

268,566

329,642
61,076

366,648
37,006

374,257

710,380

7,609

Detroit

$304,760

Assets

$304,760
BALANCE SHEET, DEC.

31, 1878.

Dr.

Construction account

$10,019,932

Androscoggin RR. lease.
Equipment account

768,333
1,658,540

Dexter & Newport RR. stock.
Eastern RR. certificates of indebtedness
Notes receivable
>
Change of gauge New Brunswick & Canada R’y...
Due from railroads and transportation companies.
Due from station agents
Due from sundry accounts
Wood and coal on hand
Stock for repairs on hand
Cash on hand

5,000

15,195
5,346

3,802
5,630
32,027
48,977
79,388
71,964
37,426

$12,751,566
Cr.

Capital stock.
Stock bonds
Bonded debt
Maine Central interest scrip
Portland & Kennebec RR. stock
Notes payable
Dexter & Newport RR. rent not yet due
Coupons not presented for payment, and
interest scrip not called for
Due railroads and transportation companies
Due on sundry accounts
Profit and loss balance

$3,603,300
16,800

8,708,942
26,092
1,000
4,681

dividends

6,000
on

14,408
127

1,150
369,064

$12,751,566
New

{For the

Jersey Midland.
year ending Dec. 31, 1878.)

Bonds
Stock

Floating debt

The second

Lansing & Northern.
{For the year ending Dec. 31, 1878.)
annual report supplies the
following

:

Tlie gross earnings for the year were
An increase in amount over the
earnings of the preceding year
of
....'
$181,473
The total expenses of every kind, except cost of extension of
Stanton Branch, were
Net

earnings

An increase over last year

of

$89,252

$970,033

597,835

$372,198

The operating expenses have been made
up on the usual
and include entire cost of 3,200 tons steel rail and over

expended for

basis,
$30,000

new

equipment.

Net earnings were, as above
Tlie interest accruing upon

during the

the funded debt of the

year has been

Dividend of $6 per share upon the preferred stock,

$372,198
company

$209 680

payable Feb. 15, 1879
Surplus

150,042—359,872

f.

$12,326

During the year 1878, the Stanton Branch was extended in a
northerly direction for a distance, inc luding side tracks, of nearly
sixteen miles, the building of which extension has
materially

increased the earnings of the road.
The total cost of this.exten¬
sion has been at the rate of say $7,800 per
mile—$124,121. The
balance to credit trustees Detroit
Lansing & Lake Michigan Rail¬
road Company mortgages lias been expended in
partial payment
for same, amounting to $32,029.
The balance was provided for
by a sale at public auction of
$90,000 of the first mortgage seven percent bonds of the company,
due 1907.
The bonds were sold at 111|- which, less
expenses of

sale, netted the company $99,962 and accrued interest.

Messrs G. A. Hobart and J. W. McCulloch, the
receivers, have
made their report for 1878.
The debt of the company on March 30,
1875, was about—

$5,500,000
1,423,745
9^9,724

Total
The property,

..$7,913,469
other than the road and franchises, consists of
buildings, &c.; 14 locomotives, 26 passenger and baggage cars,
64 box, 72 flat, 54 ore-dump cars, 71 gravel, 1 tool, 1 derrick
car and 1 steam shovel,
which, with supplies on hand, are valued
at $307,295.
On 13 passenger and 38 box cars there are vendors’
liens, which are being paid off in monthly installments.

The lease of the Middletown Unionville & Water
Gap gives
the road a terminus and connections at
Middletown, and for two
years past it has contributed, in milk alone, nearly twice the
amount of its rental to the
freight receipts.




135,312

3,844
36,000

Balance

.

$114,901

1,277

$5,000

expenses of

“

condition.

$122,333

scrip surrendered... $1,400
Port & Ken. RR. stock
3,600

“

$308,111

receivers took charge, the roa-1 vas in a
very bad
The receivers had authority to issue $170,000 in cer¬

14,408

M. C. interest

“

earnings'of tlie receivership

tificates, but have used only $65,000 in payment for some locomo¬
tives, and $30,338 in settlement of overdue rental; of this amount
$51,138 has been paid and canceled, leaving $44,199 outstanding
January 1, which it is hoped will be nearly all paid in the current
year.
The receivers have paid in cash the following amounts :

$569,380

“

“

142,500— 2,173,628

When the

following expenditures.

funded debt
“
Rent of Belfast & Mooscliead Lake RR
Dexter & Newport RR
Paid on principal of Port. & Ken. fund. int. loan..
Somerset & Kennebec 2d mortgage loan
“

Net

$2,481,739

$2,031,128

Rental of leased road

coupons

on

Less the

Interest

receipts from all sources
Expenses, taxes, interest, drawbacks, Ac

Settlement of back rentals

40,713

Total transportation earnings

Gross

Equipment
Right of way

821
,

The gross receipts from all sources for the three
years and nine
months of the receivership were as follows :

Construction

702,668
'40,000

“
“

[Vol. XXVJ1L

INCOME, EXPENSES

AND NET INCOME FOR TIIE YEARS

From passengers
From freight

Total income
Total expenses

Net income
GENERAL

To—

1878.

$205,242

$236,734
694,372

38,926

$788,560

$970,033

505,614

597,835

$282,946

$372,198

ACCOUNT, DEC. 31, 1878.

$1,825,617
2,503,380

.

;

Bonded debt

Unpaid interest coupons.
Accrued coupon interest on bonded debt to date, inclusive...
Unpaid dividends
Unpaid vouchers at Ionia
Taxes for year 1878, due July 1, 1879
Balance of income account

AND

1878.

537,502
45,816

From miscellaneous

Capital stock
Preferred capital stock

1877

1877.

:

2,876,000
2,035

101,588
78

41,443
21,297
156,539

$7,527,978

CHRONICLE

THE

Q^rch 29, 1879,j

•Construotion'acconnt—total cost of road to this company
Equipment account—total cost of equipment to this company
Bills receivable

$6,(573,801
545,288

104,457
62,478

77

Cash

Supplies, material, &c., on hand
Amounts due from other roads and
Trustees of sinking fund*

51,073
19,145

agents

70,000

1,733

Suspense; premium of insurance to Nov. 15, 1880

$7,527,978
*

Amount of cash

paid to trustees.

Montgomery.
(For the year ending December 81, 1878.)
The president remarks in his report that the accounts for the
past year show that after paying two dividends, amounting in the
aggregate (including commissions for paying same) to $148,763,
and the cost of the new depot at Mobile, $16,194, there remains
to the credit of the company the sum of $28,732.
It thus appears
that on the 31st of December, 1878, after the above mentioned
disbursements, the balauce to the credit of the company was
$11,682 in excess

of tlie cars, as determined by the Court.
been made to Schall in full, tlie road was

of that for the preceding year.

In reviewing the course of the company’s business during his
term of office, the president says;
“
It is very gratifying, in looking hack at the results of your
business since the 26th November, 1874, to see that there has
been an almost steady increa-e in receipts up to the present time,

only excepting the three yellow-fever months of 1878. By com¬
paring the receipts of January, 1875 ($52,593), January, 1876
($64,078), Jaimarv, 1877 ($63,596), January, 1878 ($75,700) and
January, 1879 ($80,869), it will he seen that, with one exception,
there has been a steady increase in the business of this month;
and the business of the other months will show, with very few
exceptions, a similar increase from year to year. I therefore
think it but reasonable to look forward to tlie gross receipts of
your road, during the current year, amounting to at least $700,009.
Operating Expenses.
Conducting transport’on.. $152,130
Motive power
1
86,887
Maintenance of way
143,299

$135,840

Freights
Passengers
Express

198,847
13,651

Mails
Miscellaneous

'.

the decree ordering
however, that Schall
has established any equitable claim to additional compensation out of
the fund in the Court, for the reason that the cars were not sold at the
foreclosure sale and have consequently contributed nothing to the fund
now in Court for distribution.
Schall, for the balance due him after his
own security has been exhausted, occupies the position of a general
creditor only. The decree of the Circuit Court is, therefore, reversed so
far as it directs the payment of $14,000 to Schall, and affirmed in all
other respects; the costs to be paid by the appellee. The Chief Justice
delivered the opinion.
No. 573—Frederick W. Hinderkoper et at., appellants, agt. The Hinck¬

ley Locomotive Works; appeal from the'Circuit Court of the United
This case is similar in most
respects to that of Schall above, and arises out of the same state of facts.
The decree of the Circuit Court, by which the Locomotive Company was
awarded $15,000, is therefore reversed. The opinion was delivered by
States for the Northern District of Illinois.

Chief Justice Waite.

East-Bound Railroad

From Chicago to—
Boston and common northeast
New York, Albany and Troy

From

which

have

$680,183
*....
been

171*3
18

Hoosac Tunnel.—The reports

following:
....

of Manager Prescott show the

1876.

1877.

1878.

$83,(525

$158,141

$209,410

45,779

60,235

80,679

$97,905

$128,731

120,879
325,997

154,460
539,433

expenses

receipts

Number of passengers
Number of tons of freight

68,715

....

....

*

Flour.
50c.
40
36
34
30
32

242,266

Metropolitan Elevated RR.—The motion of the defendants
complaint in the suit of the New England
the Gilbert Elevated Railroad Company, to
$24,720 recover $4,000,000, was granted by Judge Freedman, in the
31,471 Superior Court. Tlie claim by the defendants that the president
19,693 did not have authority to sign the contract, and that, there¬

,

new

$421,792

paid the following expenses not

Expenses bondholders’ committee
Interest on bonds, and exchange
•Construction of
Dividend No. 2

23
22

Bridge

receipts

25c.
20
18
17
15
16

$258,390

charged to operating expenses, viz:
Taxes

30c.
25

Pittsburg and Oil City

Total
Total

Grain.

Fourth class.

points

Philadelphia
Baltimore
Buffalo and Suspension

Net

Total oper’ng expen’s
Total earnings from
all sources, 1878....
Net earnings

Freights.—The following is the new
representatives of roads leading
by this agreement was to go into

tariff as agreed upon by the
east from Chicago, and which
effect on the 24th instant :

39,475

Maintenance of cars

25,712
6,131

This Court holds that the title of the mortgagees is subject to

all tlie rights of Schall under his contract, and that
return of cars to the hitter was right. It denies,

EARNINGS AND EXPENSES.

Earnings.

In 1877, before payment had

wold under a decree of fore¬
closure, the cars, however, not being included in the sale. Schall, in the
meantime, had tiled an intervening petition, asking that the balance due
him might be paid out of any funds in the hands of the Court to the
credit of the cause. To this tlie mortgagees objected, on the ground that
the title to the cars had passed to the railroad company and become sub¬
ject to the lien of the mortgagees, and that all Seliall’s rights had been
foreclosed. In 1877 the Master, to whom tlie matter had been referred,
found the title to the ears to lie in Schall, and the Court thereupon
ordered their restoration to him, with $14,000 rental for their use sub¬
sequent to the appointment of a receiver, to be paid out of funds stand¬
ing to the credit of the cause. From this decree the bondholders have

appealed.

Mobile &

327

16,194

froight depot at Mobile

for a dismissal of the
Iron Company against

properly executed, was overruled by Judge
that the contract was incomplete
Total
$166,704 because no plans and specifications were annexed. The Court
Leaving to the credit of the company, for the operations of the
also holds that an assignment of the contract to trustees for the
year ending 31st Dec. 1878
$91,686 benefit of creditors by the plaintiffs without notice to the defend¬
Less for supplies paid for, but not charged out and accounted
74,624

5,864

for in annual inventory

$85,821
17,050

-Cash balance, 31st Dee., 1877

fore, it was never

Freedman; so also was the point

did not rescind the contract, unless the plaintiffs disquali¬
fied themselves by some further acts from the performance of
the contract. The claim was made that the Iron Company did so
ants

disqualify itself by allowing its property to be sold, and main¬
tained a nominal existence only for the purpose of liquidation.
$102,871 Judge Freedman says of this, in conclusion: “It conclusively
COMP A RATI V E STATE M ENT.
appears by the report of the New England Iron Company that
Net earnings, 1877
$224,560 since October, 1873. and during 1874 and 1875, it was not ready
1878
258,390
and able, though it may have been willing, to perform the
Increase in net earnings
$33,829 contract; and hence the contract made in 1876 between the
Operating expenses, 1877
$441,47(5 Gilbert Company and the New York Loan & Improvement
r
1878
421,792 Company did not constitute a breach for which the plaintiff can
maintain an action. The complaint must be dismissed with costs.
Decrease in operating expenses
$19,683
Mobile City.—A notice to the creditors of the City of Mobile
Average percentage of operating expenses for 1878
62
6(5 is published as follows:
Average percentage of operating expenses for 1877
The expanses of 1878 include, as did those of 1877, many heavy
The undersigned, appointed “Commissioners of Mobile’’ under an act
and unusual outlays made to the permanent improvement of tne of the General Assembly of tlie State of Alabama, approved February 11,
1879, have duly qualified, and, in pursuance of said act, have been
roadway, bridges, rolling stock, &c.
appointed receivers of the Chancery Court for the Southern Chancery
COMPARATIVE STATEMENT OF TONNAGE MOVED ONE MILE.
Division of the State of Alabama, at Mobile, and have entered upon tlie
Leaving to the credit of the company, 31st Dec., 1878, after
paying all indebtedness except funded debt

“

“

“

“

North.

South.

Total.

1878
1877

9,042,117

10,333,040
13,099,381

19,375,157
21,023,396

Increase

1,118,102

7,924,115

discharge of their duty;
By said act the corporation
same

Decrease

:

2,766,341

1,648,239

lt
AU persons

holding claims of any kind against

please make them

practicable.

GENERAL INVESTMENT

NEWS.

Bangor <fe Bucksport.—The franchise of the Bangor &
Bucksport Railroad was soldMarch 26, in Bangor,at Sheriff’s sale
for about $16,000.
The ,franchise was purchased for the term
of 99 years, and was bid in for the interest of the bondholders by
R. P. Buck and S. P. Swasey.

of the city of Mobile was dissolved and its

Its assets were vested in us in trust to administer the
under the direction and aid of said court for the benefit of the cred-

charter repealed.

said city of Mobile will

known to the commissioners in Mobile as soon as
'*
(Signed)
L. M. Wilson,
,

_

Jas. A. McCaw,
W’m. J. Hearin,

Commissioners.

New York City

Bonds.—The Court of Appeals has affirmed

the order of the General Term of the Supreme Court directing a
mandamus 4o issue against the Comptroller of the City of New

him to issue $1,000,000 bonds, and to pay the
proceeds
to
the
trustees
of the East River Bridge.
Chicago Danville & Vincennes.—The important suits of
thi3 company were recently passed on by the United States
North Carolina Debt.—The March circular of Messrs. Thomas
Supreme Court at Washington, We have not yet seen a copy of Branch & Co., of Richmond, Va., gives the following in regard
the full opinion of Chief Justice Waite, but give in the meantime
to North Carolina bonds :
the brief report as made in the New York Tribune : .
The bill for funding the debt of the State of North Carolina,
No. 631—Wm. R. Fosdick et «/., appellants, agt. Michael Schall, interwhich has become a law, provides for the issue of new thirtyvenor; appeal from Illinois.—Michael Schall, the intervenor in this
year 4 per cent coupon bonds, in denominations of $50, $100, $500
-case, sold on the 1st day of February, 1873, to the Chicago Danville &
and $1,000, to be exempt from all taxation by any authority
Vincennes Railroad Company, 225 coal cars, taking notes of the com¬
pany therefor, with a written agreement that until said notes should be
within the State, the coupons to be receivable for all State taxes,
paid the title to the cars should remain vested in himself. In 1875 two
and the bonds to be a lawful investment for all fiduciaries in the
mortgages upon the railroad, executed previous to the purchase of the
State.
A certain portion of the taxes is also specifically set
cars in question, were foreclosed, and the road went into the hands of a
Tec-eiver. The receiver thereupon entered into a new agreement with
apart for the payment of the interest, so that the contract between
-Schall, which provided for a monthly payment to him of $7 a car, to be the State and the holders of the new bonds is as well secured and
continued until the aggregate of such payments should equal the value




York, requiring

*

CHRONICLE.

THE

"328

[VOL. XXVIII.

nearly self-<-xecuting as it can be. The new bonds are to be of $79,029, an aggregate gain of $202,371. All the increase is
made in the coal traffic, for the passenger movement and the
exchanged for those now outstanding, as follows :
For class 1. Ante-war bonds, 40 per cent of the principal (all shipments by steam colliers slightly declined, whilst llie move¬
ment of general merchandise was very nearly the same.
The
past due interest to be surrendered).
For class 2. Recognized new railroad bonds 25 per cent of the Reading Railroad is, however, ceasing to he a transporter of coal
freight exclusively, for its return show-; that more than one-third
principal (all past due interest to be surrendered.
For class 3. Funding bonds of 18G3 and 1868, 15 per cent of the of its freight tonnage was of general merchandise during the
quarter just closed.”
principal (all past due interest to be surrendered).
We presume this compromise will be generally accepted; it is, in
Union Pacific.—Washington, March 25.—In the United
fact,all that the bondholders can get, and, just o.* unjust, we have States
Supreme Court to-day the case of William H. Platt, appel¬
no hesitation iu advising its prompt acceptance.
Tne new bonds lant,
against
the Union Pacific Railroad Company and F. L.
will be immediately prepared, and we have made arrangements
The coutroversy in this case involves the
for funding and exchanging all classes of o!d bonds into the new. Ames, was argued.
whether
a
may make pre-emption upon the lands
question
settler
We recommend our correspondent to send in their bonds at
granted
by
Congress
to
the
Union Pacific Railroad Company
once, as the time within which they may be exchanged is limited. under section 3 of the act of
July 1, 1862. '1 hat act provides
Ohio & Mississippi.—Mr. John KiDg, Jr., receiver, has filed that “all such lands so granted by this section which shall not
wiih the Clerk of the U. S. Court the statement below of receipts be sold or disposed of by said company within three years after
the entire road shall have been completed shall be subject to
and disbursements for the month of February:
settlement and pre-emption I ke other lands, at a price not
RECEIPTS.
The
Cash on hand February 1, 1879
$85,007 exceeding $1 25 per acre, to be paid to said compary.”
Receipts from section agents
357,517 company denies the right of the settler to pre-empt, upon the
Receipts from conductors
3,798 ground that the mortgage executed by it in 1867. to secure its
Receipts from individuals, railroad companies, <fce
41,059 bonds, was a disposal of the lands wiihin the meaning of the.
.Receipts from express companies
735 third section of the act referred to.
The question involves the
Total
$488,717 important principle raised by the Dudymont case with the Kan¬
as

..

.

$21

prior to November 18,187(5
subsequent to Nov. 17, 1876

Arrearages
on

Virginia Finances.—According to

a sta'ement of the S-cocd
Virginia, the amount of past due tax receivable Vir¬
ginia coupons unpaid up to and including Jau. 1, 1879\ is $338,867 ; amount of interest due up to and including Jan. 1, 1879, on

191,776
123,701
699
172,548

Pay-rolls..;.
Cash

Pacific.

sas

DISBURSEMENTS.

Vouchers
Vouchers

hand March 1, 1879

Auditor of

peeler bonds after deducting one-third for unfunded bonds, and
excluding inter-st on literary and sinking funds, $3,953,382 ;
Oregon & California.—The following is a statement of the amount of pee’er bonds outstanding against the State after de¬
business for 1878 :
ducting one-third from the funded bonds and excluding those
EARNINGS.
EXPENSES.
belonging to literary and sinking funds, $9,070,142.
$232,860 Maintenance of way
Passenger
$101,081
—The bill wliicli has now passed both Houses of the Virginia
345,482 Rolling stock
Freight
23,714
providing for funding the debt of the State, now
Legislature,
Mail, &c
30,414 Transportation
163,270
Other
39,359 Taxes, <fcc
122,385 goes to the Governor for signature.
The Journal of Commerce
for
to
says:
The
plan
funding
is
issue
registered aud coupon
Total
Total
$648,116
$410,451 bonds, dated Jan. 1, 1819, the
payable
principal
in 1919, with in¬
Net earnings
.$237,665 terest at 3
per cent for ten years, 4 per cent for the next twenty
Funded debt
10,950,000
Current accounts
...797,141 years, and 5 per cent for the last ten years, payable at Richmond,
New York or London, oh January 1 and July 1 in each year until
Pennsylvania Railroad.—The following statement of the the principal is redeemed. The S ate has the option to redeem
business of all lines of the Pennsylvania Railroad Company east
of Pittsburg and Erie for February, 1879, as compared with the any or all of the bonds, by paying the principal and accrued in¬
terest, at any time after the expiration of ten years from Jan. 1,
same month in 1878, shows :
1879. The coupons will be receivable at maturity for all taxes
An increase in gross earnings of
$375,130 debts, dues and demands of the State. The holder of registered
A decrease in expenses of
52,956
$488,717

Total

.

An increase in net

earnings of

The two months of

1879,

$-128,086
as

compared with the

same

period in

1878, show:
An increase in gross earnings
A decrease in expenses of

An increase in net

$522,259

of

47,160

earnings of

$569,419

All lines west of Pittsburg and Erie for the two months of
1879 show a surplus over all liabilities of $229,995, bring a gain
over the same period in 1878 of $97,201.
—The present bmrd of directors of the Pennsylvania Railroad
was re-electel in Philadelphia by a slock vote of $366,909 shares.

Philadelphia & Reading.—The following is
statement of gross
of February:

receipts, tonnage and

comparative
for the month
' - '
e

a

passengers

CROSS RECEIPTS.

bonds will be entitled to receive a certificate for in erest, and
this certificate will be good for taxes or other demands due the
State.
The bonds, coupons and certificates are non-taxable. The
law will be bincing if on or before May 1 the Council of Foreign
Bondholders and the Funding Association file their assent with
the Governor ; and they may present for funding at least $8,000,000 of the outstanding obligations of the State on or before Jan.

Every six months thereafter they may fund $5,000,000,
until the whole debt of $34,000,000 is funded.
Iu the year 1885,
and annually thereafter until all the new bonds are issued, there
will be collected a tax of two cents on the $100 of the asssesed
valuation of all property for a sinking fund.
1, 1880.

Worcester & Nashua.—A notice to bondholders is published,
requesting them to agree to reduce the interest on the bonds held
by them. The notice states :
“It is proposed, as soon as po-sible, provided ail parties assent
to the reduction of interest, to secure the bonds by a
mortgage.
The board of director have this day voted to pay interest at
the rate of only five Der cent per annum.
Parties holding bonds
to amount of about $600,000 have already approved of the plan,
and it is necessary for all parties to agree to this plan at once.
Please return an answer and oblige
“

1879.
Month. Year to date.
Railroad traffic
Canal traffic
Steam colliers
Richmond coal barges..

$825,154 $2,536,527

Total Railroad Co

Month.

v

Year to date.

$482,238

$2,299,441

571

14,359

17,707
168,366
17,877

$877,865

$2,716,736

551,396

$525,410 $2,503,394

1,558,092

$1,429,261

$4,274,828

1,223
51,487

Reading Coal & Iron Co.
Total of all

1878.

,

9,000
156,849

42,600

319,060

1,479,063

$844,470 $3,982,457

519,001
221,869
Passengers carried
418,656
Coal transp’d by st. colliers 44,086

1,343,868
722,378
1,427,118
122,350

173,462
237,282
399,057

44,114

1,052,512
714,784
1,462,683
141,618

TONS OF COAL MINED.

By Coal & Iron Company.. 260,001
By tenants
86,681

682,236
228,754

65,680
2S.047

524,445
173,133

910,990

93,727

697,578

Total

lands
mined from
owned and controlled by

Company, and from lease¬
hold estates

346,682

“T. W. Hammond, Treasurer W. & N. R.R, Co.
“P. S.—Interest accruing ou bouds of Worcester & Nashua
and N sliua & Rochester. Railroad, falling due April 1, will be

paid at their office in Worcester—and not at the Globe Bank in
annum.”

Boston—at rate of five per cent per

TONNAGE AND PASSENGERS.

Tons of coal on railroad
Tons of merchandise

“

On tliis tlit?

Philadelphia Ledger comments as follows ;
“The business of the Reading Railroad during
February shows
what is claimed as the advantage the company lias secured,

through the expiration of the coal combination

and the

conse¬

Charles W. Haesler, Esq., of this city,.one of the counsel
for the bondholders of the Portland & Ogdensburg Railroad has
addressed an open letter to Mr. Horace Fairbanks, of St. JobDS—

bury, Vermont. Mr. Hissler's letter, with the extracts from
documents, &c., quoted therein, covers twelve printed pages of let¬
ter paper, and gives, we presume, a pretty complete
review of the
P. & O. rai road loan ana llie litigaiion which has grown out of
the company’s default.
Attention is called to the card of M-ssrs. Almy & Co., 95
Water street, Boston.
M-ssrs. Almy & Co. are the successors to
the old and well-known firm of Grey and Co., who were recog¬
nized as among the leading cotton brokers of New Englard.
Messrs. Almy & Co. also rec ive cotton, and their
large acquaint¬
ance and extended conneciions with the
prominent mill-owners
and cotton spinners of the East should enable them to do well
for planters or factors who may consign to them.
--Parties interested in New York & Brooklyn City Railroad
bonds and stocks, or New York Elevated Railroad stocks or
bonds, also Insurance or Gas stocks and Marine Insurance scrip,,
—

ability of the management to conduct its business without
restriction.
Compared with February last year, the receipts of
both the Railroad and the Coal & Iron company show a
large
increase, aggregating $584,791. The restrictions of the combina¬
tion pressed heavily upon the operations of the
Reading Compan¬
ies all last year, and particularly so during February ; and now
the relief is shown by an increase that comes within about
$250,- will do well to notice the advertisement of Mr. Samuel M.
000 of doubling the momli’s receipts, and brings over a lial
Smith, No. 71 Wall street, in the Investors’ Supplement for this
million more money into the treasury.
February closes the firsl; month. Mr. Smith lias been dealing for many years in these
quarter of the Reading’s fiscs 1 year, and for the three months the specialties in Wall street, and will be found well
posted in
railroad shows a gain of $213,842 and the Coal & lion
Company regard to all the various stocks and bonds above named.

quent




March 20,

|*lxe Ccmxnxeccuil jinxes.

~~

COMM EROLAL E PI TO M E.
-Friday Nigiit,

Trade has

329

THE CHRONICLE

137S.}

felt the effect of the

cold

an

March 23, 18‘.D.

1 rather unseasonable

weather, ani in some degree the uneasiness in the money
market. Business however, as a rule, has been moderate, but

(as noted on another page) speculative values
well supported. Mercantile circles congratulate
themselves that warmer weather, and the general re opening of
inland navigation at the North and West, are not far off, and
that from these influences, with the crisis in our money market
except for cotton

have no'- been

will

past, there can hardly fail to be such a revival of activity as
impart a much more satisfactory aspect. Nothing has occurred
as yet in Congress to disturb the country.

gradual easing up of values in the provision
market, which at times induced quite a liberal movement ; but,
on the whole, affairs have presented rather an unsatisfactory
There has been a

COTTON.
Friday, P. M., March 28, 1879.
The Movement op the Crop, as indicated by our telegrams
from the South to-night, is given below.
For the week ending
this evening (Mar. 28), the total receipts have reached 69,698
bales, against 6 >,292 bales last week, 78,490 bales the previous
week, and 83,286 bales three weeks since; making the total
receipts since the 1st of September, 1878, 4,119,229 bales, against
3,893,458 bales for the same period of 1877-3, showing an increase
since September 1, 1878, of 225,762 bales.
The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:

14,290
2,026
1,287

25,461

10,539

5,466
4,569

2.159

693

269

378

8,191
5,527

8,222
4,136

2,7?9
1,770

3,219
5,997

104

15

23

145

318

10,543

12,541

8,794

5,481

4,441

2,80S
2,888

Charleston
Port

22,010
5,246
2,761

16,667

New Orleans

Mobile

Royal, &c

....

8avannali

Galveston
iDdianola, &c
Tennessee, &c

793

225

1,821

1,895

Florida
North Carolina

1875.

1876.

1877.

1878.

1879.

Receipts this w’k at

-

3,055
•

•

•

■

3,845
4,227

35

61

81

7 66

1,533
7,266

2,207
7,335

until near the close, when more steadiness and Norfolk
2,932
9,414
6.,870
331
324
426
843
regularity were noticeable.
To day, the tone remained in City Point, &c
1,939
sellers' favor, though business was quite limited ; old mess pork
59,912
30,397
38,531
65,470
00,698
Total this week
was sold on the spot at $9 40,
and new mess was quoted at
Total since Sept. 1. 4,119,220 3,893,458 3,731,049 3,757,676 3,194,907
$10 30(5)10 50 ; for future delivery there were no sales ; April
The exports for the week ending this evening reach a total of
quoted at $10 20(5)10 30; May at $10 30(5)10 40 bid and asked
Lard closed quite firm at 6.45c. for prime city on the spot, and 53,949 bales, of which 34,289 were to Great Britain, 12,252 to
0.52£c. for do. Western ; April sold at 6.52|c, May at 6 57£@ France, aud 12,417 to rest of the Continent, while the stocks aa
made up this evening are now 548,016 bales.
Below are the
<5.60c., and June at 6.65 36.67^0. ; refined for the Continent was stocks and exports for the week, and also for the corresponding
quoted at_6.S5(36.90c. Bacon wa3 more active and firm at 5£c. week of last season:
for long and short clear and 5£c. for long clear.
Cut meats Week
STOCK.
exported to—
f
Same
Total
Week
this
quiet. Butter in buyers’ fav3r, liberal receipt and quiet.
Conti¬
ending
Great
1878.
1878.
1879.
Week.
Rio coffee ha3 been firmly held all the week, but the transac¬ Mar. 28. Britain. France. nent.
tions have reached only a moderate aggregate, and at the close N. Orl’ns
25,055 221,707 270,729
27,173
4,309 10.522!
12,342
appearance,

...

the stock here is

66,377 bags; fair cargoes are

quoted at 13^=

@13fc.; mild grades have also been only moderately active, but
have been about steady at recent quotations.
To-day, there was
some business in the poorer grades of Maracaibo at 12§g!l3c.;
only a moderate supply of mild coffee, and the jobbing
sales are rather liberal.
Rice has met with less demand, but
-has shown no marked change.
Molasses has, on the whole, been
there is

quiet; early in the we-k there was rather more inquiry, but lat¬
terly both foreign and domestic have met with only a jobbing
demand ; New Orleans is quoted at 28(a)40c., with the stock
stated at from 15,000 to 20,000 bbls., notwithstanding the recent
large transactions ; Cuba 50-test is at 25c. Raw sugar liaj been
dull and depressed, and closes at 6^@6Jc. for fair, to 6f@6£c. for
good refining Cuba ; refiners continue to import to a consider¬
able extent on their .own account, and their product, moreover^
has but a modera*e sale.
Refined closes at 8£c. for crushed, the
same as last Friday.
The tobacco market has been much more active.
The move¬
ment in Kentucky leaf amounts to 3,200 hhds., of which 3,100
for export, mainly for account of the Spanish contract.
The
close, however, is quiet. Lugs quoted at 334|c., and leaf5@
12c.
Seed leaf has been much more active, and the sales for tbe
week are as follows, all crop of 1877 : 500 cases Penosylvania,
8| to 16c.; 250 do. New England, 7 to 22£c ; 76 do. State, private
terms; 50 do. Wisconsin, 7£ to 11c.; and 36 do. Ohio, 10|c.
Spanish tobacco more active, but at a decided decline ; sales 500
bales Havana at 70c. @$1 05.
There has been a fair demand for ocean freight room, prin¬

cipally in the interests of the grain trade ; petroleum tonnage
at one time met with considerable recognition.
Rites, however,
are low and irregular,
in view of the abundant offerings of
room.
Late engagements and charters include : Grain to Liver¬
pool, by steam, 5|@6d., 60 lb*. ; provisions, 25@30s. ; grain to
London, bv steam, ofd., 61 lb?.; do., do., to Avonmouth, by
steam, 6d.‘60 lbs.; do. to Bristol, by steam, 6|d.; do. to Lon¬
don, 4s. l^d. per qr.; do. to direct Irish port, 4s. 3d.; refined
petroleum to Bremen, 2s. 9£d.; do. to Riga, 3*. id.; do. to the
Adriatic, 3s. 10£d.; do. to Bremen or Hamburg, 3s.; do., in
cases, to Java, 35c.
To-day, rates were without improvement ;
grain to London, by steam, 6|d.; do. to Glasgow, by steam, 6fd.,
60 lbs.; do. to Cork for orders, 5s.; do. to a Danish. port, 5s. 3d.
per qr.; refined petroleum to London, 3s.; do. to Lisbon, 3s. 9J.
-

of late, with
good strained rosins
$1 40 ; spirits turpentine, 29(329£c.. Petroleum was quite firm,
owing to limited offerings and fair sales induced by lower rates
f >r ocean freight room ; refined, in bbls., 9^c.; do., in cases, 1U
@12£c. American and scotch pig irons are momentarily quiet, but
nevertheless very firm ; of scrap iron 1,200 tons have been sold,
and
quoted firmly at $231224. Rails are quiet, but firm ;
steel, at tide-water, $45. Grass seeds dull. Whiskey nominal

a

At

Naval stores have shown considerable steadiness
mrderate business going on ; common to

$1 05*.




Cbarl’t’n

....

5,070
3,634
3,322
1,240
4,004

8a van’ll.

Galv’t’nN. York.

NorfolkOther*..

700

3,800
2,928

4,668

Mobile..

920

275

....

1,215

....

....

•

....

....

....

....

1,240
4,004

6,980 27,038 33,093
12,244 13,793 20,709
9,084 26,689 45,562
13,362 25,740 41,007
13,354 188,036 152,061
3,820 13,983 19,809
9,592 26,000 44,000

58,949

93,991 543,046 631,970

9,168
3,848
5,345
4,849

3,322^

Tot. this

12,417

12,252

34,280

week..

J Tot.8inoe
Sept. 1. 1672,949 381,567 32 4,656 2379,172 2656,413
*
The exports this week under the head of “ other ports” include, from Balti¬
more, 763 bales to Liverpool; from Boston, 3,061 bales to Liverpool; from
Philadelphia, 180 bales to Liverpool.
From the foregoing statement it will be seen that,
with the corresponding week of last season, there is a decrease
in the exports this week of 35,042 bales, while the
are 83,924 bales less than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
U3 the following amounts of cotton on shipboard, not
at
the ports named.
We add also similar figures for
which are prepared for our special use by Messrs. Carey,
Lambert. 60 Beaver street:

compared

stocks to-night

cleared,
New York,
Yale &

On

March 28, at—

Liver¬

pool.

Shipboard, not cleared—for
France.

Tele gram

New Orleans

9,200
2,840
1,100
9,896

Mobile
Charleston

3,200

not
None.

6,300
8,500
2,362

9,000

1,000

32,536

3,300

18,562

500

|

Foreign

None.
None.
None.
100
None

Savaunali
Galveston
New York
Other ports
Total

Other

400

Coast¬
wise.

Leaving

Total.

Stock.

receiv ed

12,438
9,533
16,089
12,846
186,486

2,000

14.600
9,265
10.600
12,894
*1,600
12,000

5,961

60,959

265,380

2,200
125

1,000
636
None.

*
Included in this amount there are 600 bales at presses
destination of which we cannot learn.

27,988

for foreign ports, the

the movement of
the latest mail dates:

The following is our usual table showing
cotton at all the ports from Sept. 1 to Mar. 21,
EXPORTED SINCE

RECEIPTS SINCE

Ports.

SEPT.

1878.

1.
1877.

N.Orlns 1086,140 1255,181
Mobile.
Char’n*
Sav’li..
Galv.*.
N. York

Florida
N. Car.

NorPk*
Other..

340,121
497,102
659,154
523,058
131,134
51,155
127,314
490,338
153,006

This yr. 4058,522

Lastyr.

380,771
432,801
544,947
409,811
98,345
12,731

130,342
441,138
121,421

Great
Britain.

SEPT. 1
Other

France.

Foreign

501,056 139,366231,471
37,367 23,547 23,977
141,638 54,212 161,440
179,660 23,646 219,493
196,449 58,263 61,285
188,764 10,551 21,772
135
1,967
13,756
2,050 18,539
44,472
713
3,858
175,553
15,219
159,904
*

Point, &c.

Stock.
Total.

971,893 236,830
94.891 36,367
357,340 19,776
422,799 27,255
315,997 23,965
221,087 186,008

15,853
65,111
180,124
175,123

*

4,878
16,200
23,000

2820,223 579,279
1638,669 I 369,315|812,239
"
1

3927,938i584,456'425,6ll!552,355 2562.422 667,594
under the head of
JKorjolk is Included City

Under the head of Charleston is included Port Royal^Ac.;
Galveston is included Indianola, &c.; under the head of
*

TO—

0
5
.
1
0
2
0
7
.
1
0
1
.
1
0
0
1
.
0 322
1
330

THE CHRONICLE.

000038.5.2
1
'Tlie mark et for cotton

the first half of the

the spot was quiet and

on

week, but

unchanged for

Wednesday quotations were
advanced l-16c., and yesterday
again 3-lGc. To-day, there was a
further advance of ^c., to 10|c. for
middling, with 1,000 bales

sold for

on

expert, and a good business

for home consumption. The
fairly active, but with a feverish tone

speculation in futures was
and widely variable prices, on
Saturday and Monday. Saturday
opened firmer than on the previous day and closed lower ; Mon¬
day opened lower and closed dearer. Tuesday was depressed by

the weak accounts from
Liverpool, attributed to the unfavorable
financial advices from London. But on
Wednesday there was re¬
newed excitement and
buoyancy, closing 12015 hundredths higher
for this crop and September, and
6011 hundredths higher for the
other months of next crop, the
early months of both crops

improving most. Yesterday, with Liverpool still advancing, there
was a further
improvement of 106 hundredths for this crop, and
204 hundredths for the next crop, except October, which was
one hundredth
lower; the greatest improvement was for the
spring months. To-day, the market was active and buoyant;
this crop advanced 6@8 hundredths,
except March and April,
which were 10011 hundredths
higher. The next crop was 407
hundredths higher, the latter figure for October.
The total sales for forward
delivery for the week are 633,800
bales, including — free on boardi For immediate delivery
the
total sales foot up this week 6,434
bales, including 2,202 for export,
3,932 for consumption, 300 for speculation, and — in transit. Of
the above, 100 bales were to arrive.
The following tables show
the official quotations and sales for each
day of the past week:
Sat.

NEW ORLEANS.

Mon Tues

Sat.

TEXAS.

Mon Tues

Sat.

1,300
6,000
1,100

1,800

87ie
81*16
fi°16

Strict Ord..
Good Ord..
Btr. G’d Ord
9yl6
Low Midd’g 91*10
Str. L’wMid 10

Middling... 1018
Good Mid
10%
Btr. G’d Mid 10%
Midd’g Fair 11*8
Fair
12*8
Wed

8I2

Strict Ord.
Good Ord..
Btr. G’d Ord
Low

8%
9*8

95a
9%

Midd’g

Btr.L’w Mia

8716
8**16
9*10
9»io
9**16

S5lS

10

1018
1012
10%
11*8
12*8

..

Ordin’y.$lb

87i6
81*16

Good Mid..
Btr. G’d Mid

10»i6

1012
10%
11*8
12*8

Th. 1 Frl.

81*16
9*16
99,6

8**16
9*10
9**16
9**16 9**16
10*16 10*16
10*8
10*2
10%
11*8
11%

10%

101*i6 11
Midd’g Fair H716 1158
Fair
12716 12%

8 * ° 16

9716
9**16
9**16
10%

10*8

10l16 10%
Middling... 10*16 10*8

S*16

12%

STAINED.

10%
10%

10%
10*8
10%
11%

10*8
10%
11%

12%

12%

Wed

8*8

$ 1b.

Middling

8916
8*°10
9716
91*16
9**16

8916
8**16

9%

9%
10

9‘ig

10%
10%
10*8

10%
10%

10%

10%
10%

10%
10%
10*8
10%

11%
12%

11%
12%

11%
12%

Th.

Frl.

10*16 10%
10*] 6 10%
10**16 10%

10%
10*8

Wed

10*°16 11%

11%

11916
129lfi

11%
12%

8*8

8%

8%

9

9

9

3,600.
300
100

9%
9%
10

10°i6

10%

1

l9ltt 11%
129lfi 12%

9%

9%

9%

9**16

9*-‘>i6

9%

11%
12%

10%
10%

io**16 10%
10*°ig 11%

8916
9*16
99ie

2,600
5,6(H)

2.400!

1,600
3,400
4,! 00

4,200

The

8%
9*8

9%
10*16

10*16

SALES OF 8POT AND TRANSIT.

Ex¬

port.

Bat.. Dull
Mon
Dull
Tues. Dull

733
200
44
225

.

Wed
Quiet, higher....
Thurs Steady, higher..
Fri.
Easy, higher.... 1,000
.

.

Total

2,202

Con8pec- H
OJ
sump. ul’t’n

FUTURES.

Deliv¬

i

l-J r-p

Total.

Sales.

eries.

254

254

401
454

88,100

1,194

98.700

054

82,200

338
885

200

1,540

100

3,932

....

....

m

m

m

m

....

300

....

100
200
100

582 122,500
1,110 120.000

2,040 122,300

100

0,434 033,800

500

For forward delivery, the sales have reached
during the week
633,800 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices:
For March.
Bale*.
Cf.°.
100 8.0.2 tli 10 16
300 s.n
ICO a n.27' 10-i8
lOOe.n.dthlO-19
200
10-19
1.000
.1020
.

600

3,500
400
100
soo
100

.10-23
.10-24
.10-25
10-27

100

Ttioo
900
400

2,100
100

(’ta.
10-82

....

....

10.900
5,900
2,800.
3,200
3,600
5,500
1,400
1,600*....

10-35
10-36
...10-37
10-38
10-39

....

...

10-34
.10 35
.10-36
10-40
.10-43
.1048

.10-41
10-42
10-43
10-44
10-4S
10-48
...10-49
1050
10-52
1st.10-53
10-53

.... ...

2,800...
7,700
100
100

s.n.

1.600

.

3,400.
1,300
200
700
500

...

s.n.
....

100.-.

101,600

10-19

1,900

5,500.
2,200
3,800
2,700
6,500
7,600
4,100

2,100
500




Pales.

7,000
9,IKK)
16,900
7,300
4,000
4,500
6.5O0

1,600
8.400
10,100.

For July.
700
10-67
4 0
10-68
100
...

.10-22
.1024
.10 25

10-28
10-80

....

...

11,500
9,800
8,100.
7,700
7,000
10,800
1.800

2,400

10-43

1,200

...

....

10-48
10-49

..

4,500
1,700
2,900
3,200
2.100.

10-73

...10-57

.

.

...10-77
10-78

..

10-81

200
2,300

3,600
4,600

3,100
3,300

....10-62
.

...10-64

1085

..

700

....10-68

1,700..,.
5,900
4,000

...10-70«

2,100
1,000

9 500

...10-71

10,700
7,500

...10-72
....1073

200

2,200

10-22
10-23
10 24
10-25

1,500

10 39

1,300
2,000
1,900

10-40
10-41
10-42
10-43
10-47
10-48

1900.

1II-.1U

200

2,500

10-50

1,000

....10-51

7,800
For December.
300
10-12600
10-14
200
.10-16

1,100

|
1

16,700

-17 pd. to exch.
*44 pd. to cxch.
pi. to exen.
-1J pd. to exch.
*14

200 May for June.
8)0 April for July.
1,000 Aphl for May.

I,c00 April for May.

Saturday.

Monday.

Tuesday.

Variable.

Variable.

Easier.

For

March

:

s.n.
..

May.

..
.

.

July.. August.
Sept’b’r
October
Nov’ber
Dec’ber
Tr. old.

Closed.

Day.

Closing.

For

Day.

Closing.

For Day.

Closing..

High. Low. Bid Ask High. Low. Bid. Ask High. Lou\ Bid. A sic
10-2010-22 10 20 22 10-2 M0-22 10-24 25 10-20-10-10 10
21 22
10-18-10-18
10 10-10-10
10-32-10-24 10-23 24 10-28-10-18 10-27 — 10-24-10-20
10-23 24
10-52-10-41 10-41 42 10-40-10-30 10-45 46 10-42-10-38 10-40 41
10-71-10-50 10-50 00 10-05-10*55 10-63 04 10-01-10-57 10-50 00
10-8410-71 10-71 72 10-70-10-07 10-77 78 10-75-10-71 10-73 74
10-02-10-81 10-80 81 10-80-10-77 10-85 80 10-8410-80 10-82 S3
10-75-10-60 10 03 05 10-00-10-61 10-66 68 10-00-10-04 10-04 0510-42-10-35 10-33 35 10-40-10-36 10-37 38 10-37-10-35 10-30 37
10-17-1014 10-10 12 10-14-10-14 1013 15
10-12 14
10 08 10
10-10 12
10-00 10
io-i: 5
10-2 5
10-2 5
Weak.
Firm.
Steady.
—

—

—

-

—

—

—

—

—

—

.

—

—

—

—

—

—

Futures

Wednesday.

Tlinrsday.

Market.

Buoyant.

Excited.

For

Day.

Closing.

For

Day.

—

Friday.
Higher.

Closing.

For

Day.*

_

Closing..

High.

March

April.
“

.

.

s.n.

Mav.
June...
..

...

August.
October
Nov’ber
Dec’ber
Tr. ord.

Closed.
*

Low. Bid. AsA* High. Low. Bid. Ask High. Low. Bid. Ask
10-30-10-30 10-30 3» 10-43-10-40 10-43 44 10-50-10-48 10-53 54
10-38-10-30 10-37 — 10-44-10 40 10-43 44 10-5 MO-43 10-54 —
10-53-10-48
10-56-10-47 10-53 54 10-59-10-54 10-58 59 10-05-10-50 1000 —
10-75-1007 10-72 — 10-77-10-70 10-74 75 10-80-10-75 10-81 10-80-10-81 10-80 87 10-9110-83 10-87 88 1004-10-80 1004 —
10-00-1001 10-94 05 10-90-1003 10-90 97 11-03-10-97 1102 03
10-70-10-77,10*77 78 10-82-10-77 10-81 82 10-84-10-81 10-85 80
10-4010-40 10-47 40 10-50-10-46 10-46 48 10-51-10-47 10-53 54
10-22 10-20 j 10-10 21 10-25-1019 10-22 23 10-25-10-20 10-20 2S
10-14-1014I1012 14 1010-10-12 1014 17
1019 21
10-40
10*45
10-55
Firm.
Firm.
Strong.
—

_

—

—

—

—

—

—

—

.

—

—

To 2 P. M.

The Visible Supply of Cotton, as made
up by cable andtelegraph, is as follows. The Continental stocks are the figuresof last Saturday, but the totals for Great Britain and the afioat
for 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. 28), we add the item of
exports from the United States, including in it the exports of
Friday only:
1879.
Stock at Liverpool
Stock at London

540,000

59,750

Total Great Britain stock
Stock at Havre

.

Stock at Marseilles
Stock at Barcelona
Stock at

.

Hamburg

Stock at Bremen

Antwerp

608,750

172,500
2,000
42,750
4,250
25,250
45,250
8,750
3.750

1878.

1877.

753.000-

748,750 1,106,750
265,000
194,250
6,000
'3,500
30,030
60,000
7,000
14,500
58.500
30,000
35,500
73,500
10,250
10,000
6,500
6,750

809,500
196,750

5,500

7,750

14,500

Total continental ports....

310,000

398,000

441,500

Total European stocks..
India cotton afloat for Europe.
..

Amer’n cotton afloat for Eur’pe
Egypt,Brazil,&c.,aflt for E’r’pe

United States exports to-day..

1876.

736,000 1,073,000
12,750
33,750

Stock at other conti’ntal ports.

56,500

4,75096,000
19,000
47,750
49,750
16,50.0
14,750
21,250466,500

918,750 1,146,750 1,543.250 1,276,000
113,000
161,000
180,000
172,000
708,000
639,000
345,000
734,000'
10.000
53,000
36,000
55,000
548,046
631,970
719.46S
619,420
81,918
77,253
88,742
92,258
12,000
17,000
10,000
13,000'

Total visible supply.bales.2,397,714 2,725,073 2,927,460
2,966,678above, the totals of American and other descriptions are asfollows:
Of the

American—

Liverpool stock

3,100

...10-67

2,400

800
400
800

10-37
10-34

0

..

9.400
..

10-68
10-69
10-71
10-72
10-75
10-76
10-77
.10-73
10-79
10-80

..

300
206

8,200

200
100
700
100
200
500

October.
10-35
10-36

600
300
300

10-65
10-66
10-67

1,300

Stock in United States ports
8tock in U. S. interior ports...

2,100

10,000

2,600
L>,500

...10-71

3,400
8,600

...10-65

For June.
400
...1075
1,700
io-:6

200
1.600
900

.

„

195,000

6,400
9,000
6,500

.

Kor

400

1,100

10-15

10-17
10-19
10-2010-21

Market.

Stock at
10-79
...10-80
.

146,000

5,100
1.000
8.000

1,300
1,100

Stock at Rotterdam

1.800

...10-54
...10-59
...10-60
...1061

100

8tock at Amsterdam.

5,600

8,500..

For Mar.
....10-36
l,#ro
10-37
1,900
1.100
10-34
10-39
7,800....
10-40
13,100
10-41
2,900

Cts.

9,900
7,500
8,700
4,100
10,000

8 500

For April.

6,600

rts.

...

10600
500
100

Bales.
6,800
7,400
7.600

....

1,200
300
-

Bales.
100
200
600

10-61
10-6f
D.-63
10-64

ut«.

10-14

600..
1,700
600

24,900

September.

November.

Futures

Sept’b’r

8%
9%
9%

200

For
Ba’es.
600
300
TOO

The following will show the
range of prices paid for futures,
and the closing bid and
asked, at 3 o’clock P. M., on each day in
the past week.

July

Frl.

1,900
1,000

56,100
For
300
100

Cts
10-81
10-82
10-83
10 84

4 800

following exchanges have been made during the week:

11%
11%
12%

Th.

900

Bales.

•21 pd. to exch. 100 July for Aug.
,•14 pd. to exch. 100 Ju e for lu
y.
*19 pd. to exch. 100 *ay for Jun^.
*17 pd. to exch. 300 Nov. for
April.

11

MARKET AND SALES.

SPOT MARKET
CLOSED.

10-89
10 90
1091
...10-92
10-93
1094
..10-95
10-96
10-97
...10-9 •
10-99
11-00

f't".
11.01
11*02
...1103

2.700

10-86
.10-87

Frl.

10*16 10%

9**16

10%
10%

10%
10%

Th.

Mon Toes Wed

8%

89,6
8**16
9%6
9**16
9*°16

8**16 8**16
9*16
9*16
9**16 9**16
9*°16 10*16
10*,6 10°i6

9

11

11%
12%

89,6
8**16
9<16
9**16
9**16

9*1,6
9U4j

8**16 8**16
9*16
9*16
9**16 9**16
9*°ig 10*16
10*16 10u16

9

Sat.

Good Ordinary
Strict Good Ordinary
Low Middling

8916
8*°16
97,0
9**16
9*yio

Bales.
100

10 83
10 8 4
10-85

April

Mon. Tues

Ot=.
10-77
10-78
10-80
10-81
10-82

1-00

June

Ordin’y.$Tb

August.

1,900

“

UPLANDS.

Mar. 22 to
Mar. 23.

For
Bales.

[Voi. XXVIII.

10-88
...10 89
_

.

.

1094

Continental stocks
American afloat to Europe....
United States stock
United States interior stocks..
United States exports to-day..

414,000
267,000
708,000
548,046
81,918
12,000

556,000
351,000
639,000
631,970
77,253
17,000

737,000
356,000
345,000
719,468
88.742
10,000

421,000*
290,000

734,000
619,420

92,258
18,000

_

|

68,400

Total American

bales. 2,030,961

2,272,223 2,256,210 2,174,678-

March ?9,

THE CHRONICLE.

1879.]

331

—

^

East

Indian, Brazil, <£c.—

1879.
135,000
59,750
43,000
113,000
16,000

•Liverpool stock
‘London stock
•Continental stocks
India afloat for Europe

Egypt, Brazil, &c., afloat
Total East India, &c
Total American

1378.

1877.

1876.

180,000

336,000
33,750
85,500
180,000
36,000

332,000
56,500

12,750

47,000
161,000
53,000

176,500

172,000
55,000

366,750
453,750
671,250
792,000
2,030,964 2,272,223 2,256,210 2,174,678

Total visible supply

Price Mid. Upl., Liverpool

These

2,397,714 2,725,973 2,927,460 2,966,678
57sd.
6*81.
57sd.
6^.
a decrease in the cotton in sight to-night

figures indicate
828,259 bales as compared with the same date of 1878, a
-decrease of 529,746 bales as compared with the corresponding date
•of 1877, and a decrease of 568,964 bales as compared with 1876.
•of

l*

At the Interior Ports the movement—that is the

receipts
shipments for the week, and stocks to-night, and for the
corresponding week of 1878—is set out in detail in the following
and

•statement:

Week

ending Mar. 28, ’79. Week ending Mar. 29, ’78.

Receipts Shipm’ts

Augusta, Ga

1,208

1,726

559
07

553
806

1,511

2,882

542

Stock.

Receipts Shipm’ts Stock.
1,195

850

12,362
6,567
1,832
4,332
2,137

8,723

13,574

*48,323

915

6,983

1,743

6,363

Total, old ports.

13,525

22,134

Dallas, Texas....
-Jefferson, Tex....
Shreveport, La
Vicksburg, Miss
Columbus, Miss..
Eufaula, Ala
•Griffin, Ga

92
285

703

•Columbus, Ga....
Macon, Ga
Montgomery, Ala
•Selma, Ala
Memphis, Tenn..
Nashville, Tenn..

750

899

13,944
1,481

10,640
8,792
3,533
7,279
2,841
41,401
2,762

81,918

11,541

22,746

77,253

389
1,276

630
471

348

2,358
2,331

60S
400
911
545

2,458

-

1,000

2,394
719

■

ZY

■

Corsicana, Texas.—We have had warm, dry weather through¬
out the week, and a
good shower would prove welcome. Corn
is generally planted, and cotton
planting is progressing. Aver¬
age thermometer 66, highest 87, and lowest 46.
Balias, Texas.—No rain has fallen during the week and some
sections are needing it
badly. Corn planting is about finished
and cotton
planting continues, but everything needs moisture.
The thermometer has
averaged 67, the highest being 87 and the
lowest
46.

Brenham, Texas.—The weather during the week has been
warm and
dry. Both corn and cotton are coming up well, but
some sections
require more rain.
Average thermometer 73,
highest 82 and lowest 65.
New Orleans, Louisiana.—Telegram
not received.
Shreveport, Louisiana.—Telegram not received.
Vicksburg, Mississippi.—The weather during - the week has

been

delightful.

Columbus, Mississippi.—It has rained on two days, but the rest
of the week has been
pleasant. Cotton planting is progressing.
Little Rock, Arkansas.—Telegram not received.
Nashville, Tennessee.—Rain has fallen during the week on
three days, to a depth of one inch and
twenty-one hundredths.
The thermometer has
ranged from 39 to 72, averaging 54.
Memphis, Tennessee.—We have had rain on three days of the
week, the rainfall reaching one inch and fifty-one hundredths.
Roads are good and crop
closely marketed. Planting prepara¬
tions vigorous.
Average thermometer 59, highest 79, and lowest
39.

Mobile, Alabama.—It has rained severely one
day the earlier
part of the week, the rainfall reaching four inches and seventy1,796
439
seven hundredths, but the latter
portion has been clear and
896
1,771
3,417
1.592
3,819
1,819
pleasant.
1,909
Planting is progressing. Average thermometer 64,
2,172
2,538
3,104
3.099
3,739
109
60
647
216
600
1,280 highest 82, and lowest 49.
194
221
250
1,705
439
1,945
Montgomery, Alabama.—The first four days of the past week
127
404
732
37
157
636
were showery, but the
latter part has been clear and pleasant, and
189
Atlanta, Ga
1,028
542
4,713
1,582
4,391 it is
now
546
730
Rome, Ga
371
1,255
very warm. Planting is making good progress. Average
1,036
1,059
382
676
Charlotte, N. C...
953
488
486
thermometer 63, highest 82, and lowest 44.
448
The rainfall for
St. Louis, Mo
5,605
7,744
22,255
5,313
7,704
24,725 the week is one inch and five hundredths.
Cincinnati, O
9,113
7,110
9,665
4,730
4,275
7,811
Selma, Alabama.—We have had rain on three days of the
Total, new p’rts 21,161
22,701
49,545
17,744
54.542
week, but at the close there is a favorable change in the weather.
21,994
Madison, Flonda.—Telegram not received.
Total, all
34,686 1 44,835 131,463
29,285
44,740 131,795
M,acon, Georgia.-—Telegram not received.
Actual count.
Columbus, Georgia.—It has rained severely on two days of the
The above totals show that the old interior stocks have week, the rainfall
reaching two inches and twenty-eight hun¬
adecreased during the week 13,509 bales, and are
to-night 4,665 dredths. The thermometer has averaged 66.
bales more than at the same period last year.
Savannah, Georgia. —It has rained on two days, the rain¬
The receipts at the
same towns have been 1,984 bales more than the same
week last fall reaching six hundredths of an inch, but the balance of the
week has been pleasant.
year.
The thermometer has averaged 66, thb
highest
being 79 and the lowest 51.
Receipts from the Plantations.—The
following table is
Augusta, Georgia.—Rain has fallen lightly on the first four
prepared for the purpose of indicating the actual movement each
of the
but the latter part has been clear and pleasant.
days
•week from the plantations.
Receipts at the out ports are some¬ Planters areweek,
busy preparing ground, but no cotton has been put
times misleading, as they are made up more
largely one year in yet. They are
sending cotton to market freely. Average
than another, at the expense of the interior stocks.
We reach, thermometer
61, highest 79, and lowest 44. The rainfall for the
therefore, a safer conclusion through a comparative statement
week is one inch and four
..

.

'•

-•like the

hundredths.

following:

RECEIPTS

Week

Receipts at the Ports.

end’g-

1877.

’Ian. 3.
“

10.

“

17.
21.

“

31.

?eb.7.
“

14.

“

21.

“

ga.

Mar, 7.
“

14.

“

21.

28.

1578.

1879.

115,268 165,75’
101,132 142,099
115,015 153,727
109,447 164,059
139,374 159,186
110,006 137,138
120,720 120,090
83,068 109,736
68,615 94,349
50,742 90,94:
44,537 82,264
32,366 75,7 i:30,391 65,470

PROM

PLANTATIONS.

Stock at Inter’r Ports

1877.

1873.

Rec’pts from Plant'ns.

1879.

1877.

141,155 249,905 253.239 281,634
121,091 221,007 233,293 253,647
113,613 214,057 237,380 233,236
148,64
195,082 ^42,013 218,585
167,097 182,240 244,494 220,935
171,60.- 179,266 249,708 214,117
150,841 174,977 233,103 190,765
134,: 28 173,478 226,685 182,246
110,047 173,178 210,935 170,438
83,266 169,291 192,465 165,619
78,490 165,747 169,636 159,419 1
60,202 j158,041 146,653 141,612 (
60,693 1151,199 131,795 131,463 1
.

1878.

108,776 157,118
74,234 125,153
106,065 154,814
90,472 168,692
125.532 161,667
137,032 133,352
116,431 112,485
86,569 103,318
68,315 78,599
46,855 72,477
40,993 59,435
24,660 52,740
23,555 50.612

1879.

130,508

93,104
93,302

133,997
169,447

164,790
127,489

648

19

460

884

Mon

920

713

2,236

50,349

Tnes

5,230
2,972
4,851

685

552

9S0

412

460

1,321

Wed

will be later than last year.

This, however, is no disadvantage.
Galveston, Texas.—The weather has been warm and dry all
week, and rain is desired.

coming

Corn is

growing rapidly, and
Average thermometer 67, highest 78, and

up.

lowest 62.

Indianola, Texas.— There has been
week, and rain is
leaves.

.

now needed.

The thermometer has

range of 63 and 84.




.

New
of
Or¬
we’k leans.

Sat..

Telegraph.—In general the weather
has been seasonable during the past week.
Rain is needed in
Texas, and in some sections of it badly. Good progress is every¬
where making in the preparations for the next crop, but the start

cotton is

PORT RECEIPTS FROM SATURDAY, MAR.

72,289
42,396

by

no

rainfall

Some cotton

during the
already has four

averaged 73, with-an

extreme

and

Daily Crop Movement.—

comparison of the port movement by weeks is not accurate,
as the weeks in different
years do not end on the same day of the
month.
We have consequently added to our other
standing
tables a daily and monthly statement, that the reader
may con¬
stantly have before him the data for seeing the exact relative
movement for the years named.
First we give the receipts at
eich port each day of the week ending to-night.

125,809
98,2:9
76,447

the plantations since Sept. 1 in
1878-9 were 4,245,031 bales; in 1877-8 were 4,008,771 bales; in
1876-7 were 3,844,422 bales.
2. That although the receipts at the out
ports the past week
were 60,698 bales,
the actual movement, from plantations was
only 59,549 bales, the balance being drawn from stocks at the
interior ports.
Last year the receipts from the plantations for the
■same week were 50.612 bales, and for 1877
they were 23,555 bales.

the

Comparative Port Receipts
A

D’ys

The above statement shows—
1. That the total receipts from

Weather Reports

Charleston, South Carolina.—We have had a light rain on one
day this week. The thermometer has averaged 65, the highest
being 75 and the lowest 55.

Mo¬
bile.

22, ’79, TO FRIDAY,

Char¬ Savan¬ Galleston.
nah.
vest’n.

Nor¬
folk.

413

363

401

974

Fri..

2,553

409

302

1,799

569

1,122

Tot.. 10,667

2,808

2,888

8,194

5,527

9,414

The movement each month since
Year

Receipts.
Sept’mb’r

1878.

'

1877.

28, ’79.

Wil¬

ming¬
ton.

1,139 1,702
1,6311 1,714
371
1,329
1,033 1,779
784 i 1,768

Tliur

MAR.

All

others.

Total,

338

1,237

157

1,106

192

1,770

173

1,156
1,611
7,205

8,851
11,185
6,426
14,102

1,115 14,085

60,698

112

143

Sept. 1 has been

as

6,427
13,707

follows:

Beginning September 1.
1876.

288,848
689,264
779,237

98,491
578,533
822,493

236,868
675,260
901,392

893,664
618,727
566,824

900,119
689,610

787,769

1875.

169,077
610,316
740,116
821,177
637,067
479,801

1874.

1873.

134,376
536,968
676,295
759,036
444,052

811,668
702,163

383,324

482,683

Tot.Fb.28 3,838,564 3,561,300 3,551,655 3,457,554 2,934,051

3,043,205

October..
Novemb’r
Decemb’r

January
February.
.

Perc’tage of tot. port
receipts Feb. 28...

472,054

81*95

500,680
449,686

87'95

82-50

83*90

115,255
355,323
576,103

79*99

This statement shows that up to Feb. 28 the
receipts at the
ports this year were 275,264 bales more than in 1877 and 284,909
bales more than at the same time in 1876. By
adding to the
above totals to Feb. 28 the daily receipts since that
time, we
shall be able to reach an exact comparison of the movement

for the different years.

THE CHRONICLE.

332

The

1873-74.

1874-75.

1875-76.

1876-77.

1877-78.

1878-79.

[VOL. XXVIII.

following are the receipts of cotton at New York, Boston,

Philadelphia and Baltimore for the past week, and since September

3,830,564 3,561,300 3,551,055 3,457,554 2,934,051 3,043,205
8.
8,903
6,325
7,842
17,754
10,547
26,819
10,947
8.
2....
12,518
9,782
9,868
12,802
8.
14,779
3....
4,567
12,817
19,628
S.
18,943
10,411
4....
10,928
32,985
19,653
S.
10,479
10,617
8,531
5....
17,175
7,947
14,037
6....
6,678
8,240
19,134
9,746
9,800
8.
11,795
7....
8,722
15,922
8,873
15,631
S.
8....
6,501
15,674
13,681
12,300
12,430
19,884
9....
S.
16,228
12,118
0,387
8,728
10,817
8.
10....
8,473
9,247
10,364
18,704
S.
15,914
11...
8,451
12,365
19,179
14,887
S.
12,002
12....
9,203
8,391
8,298
11,487
11,112
8,017
7,845
13....
17,597
14,234
10,344
S.
10,571
14....
13,992
6,758
11,280
13,767
S.
7,692
14,581
15....
11,015
14,044
7,531
16,789
S.
16....
6,341
6,572
5,923
11,210
S.
9,721
4,227
9,628
7,439
17....
12,019
S.
10,008
10,121
7,989
18...
18,579
7,453
8.
12,628
8,265
16,441
7,229
19...
8,718
9,222
5,378
5,279
20
10,397
12,539
10,584
S.
8,804
7,584
7,913
11,024
21....
13,897
S.
4,982
8,072
11,312
13,096
22....
0,427
S.
18,011
5,943
8,224
9,800
10,312
23....
S.
8,164
5,830
9,375
7,436
24....
13,707

T*J Feb.29

1, 1878:

Mar. 1....
44
••
“
44
44
“

44
44
“

"
44

44
44
“
“
44
“

44

...

44
44
“
44
44

25....

44

26

44

27....

44

28....

...

S.

13,681
15,793
11,323
7,317

8,851
11,185

0,420
14,102

10,479
S.

7,428
6,145
4,682

.

7,896
8,884
0,254

13,800
0,347

S.

11,876
8,120
9,713
10,124

4,119,220 3,885,902 3,724,155 3,727,100 3,162,466 3,352,100
Percentage of total
89-42
92-22
88-93
90*43
88-12
pt. rec’pts Mar. 28.

Total

This statement shows that the receipts since Sept. 1 up to
to-night are now 233,318 bales more than they were to the same
day of the month in 1878, and 395,065 bales more than they
were to the same day of the month in 1877.
We add to the last
table the percentages of total port receipts which had been

received Mar. 28 in each of the years named.
Bombay Shipments.—According to our cable dispatch received
to-day, there have been 1,000 bales shipped from Bombay to
Great Britain the past week and no bales to the Continent :
while the receip s at Bombay during this week have been 37,000
bales. Th? movement since the 1st of January is as follows.
These figures are brought down to Thursday. March 27.
Shipments since Jan. 1.

Shipments this week
Great
Brit’n.

Great

Conti¬

Total. Britain.

nent.

Conti¬

Receipts.
This
Week.

Total.

nent.

124.000 37,000
209,000 40,000

1879 1,000
1,000 54,000 70,000
1878 17,000 7,000 24,000 115,000 154,000
1877 31,000 20,000 51,000 151,000 117,000

208,000 02,000

Since
Jan. 1.

240,000
400,000
394,000

From the

foregoing it would appear that, compared with last
there has been a decrease of 23,000 bales in the week’s ship¬
ments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 145,000 bales,
compared with the corresponding period of 1878.

!

PHELADELP1 LA

BOSTON.

NEW YORK.

bbcb’tb prom
This

This

Since

week.

Sept. 1.

Sew Orleans..
Texas
Savannah...*..
Mobile
Florida
3’th Carolina
S’th Carolina.

4,011
3,726

1,4)9

93,242
107,505
125,187

Since!

This
week.

Since

week. Sept.1.

This

84o!

1,925
297 20,050

...

....

Since

Sept.1. i week. Sept.1

767

1,892
8,463
2)2 28,101

BALTIMORE.

...

•

....

1,171

....

•

....

.

•

•

40,195

...

....

614
380

17,944

...

....

84,52-3

•

1,79-.
1,598

133.8:8

2,365

6,238
133, m

622

5,835

Total this year

16,571

741,794

9,327 250,631

3,022

68,930|

<2,538 132,680

Total last

23.391

742,744

6,770 269,567

1,659

54,506!

2,718 124,667

.

Virginia
North’rn Porte

Tennessee, Ac

Foreign..

...

year.

•

•

.

.

34.949

•

®-

'

•

....

....

•

4,4bl

....

....

43,045

.

18,431
76,592

.

.

...

.

17.709

.

12,765
47,011

....

1,963 46,115

7

....

.

„

232
244
891

....

200

....

1,524
3,;-50

.

15,000

....

....j

....

....

....

News.—The exports of cotton from the United
past week, as per latest mail returns, have reached

Shipping
States ti

e

So far as the Southern ports are concerned, these
the same exports reported by telegraph, and published in
TnE Chronicle, last Friday.
With regard to New York, we
include the manifests of all vessels cleared up to Wednesday

88,876 bales.
are

night of this week.

Total bales.

New York—To Liverpool, per steamers
410
Teniers, 501
per ships

Wyoming, G76
Viscount, 049

Erin,
Royal

Edwards, 580

2,822
500

To Hull, &c., per steamer Othello, 500
New Orleans—To Liverpool, per steamers

Tuscany, 3,207
per ships Glentinart, 6,049
ArdenChrysolite, 1,411
lea,*3,707
Ismer, 4,708
Gareloch, 4,302
Morning
Star, 4,520
28,024
To Cork, per bark Braato, 1,891
1,891
To Reval, per ship China, 4,501
per hark Nannie T. Bell,
1,020

0,121

Malaga, per hark Erna, 000
.
Mobile—To Genoa, i>er bark Ephriam Williams, 1,900
Charleston—To Liverpool, per bark Fiuzel, 1,103 Upland and

GOO
1,900

53 Sea Island
To Barcelona, per steamer John Dixon, 4,174 Upland...'.per
bark Baltic, 1,025 Upland
Savannah—To Amsterdam, per bark Ada, 2,350 Upland
To Reval, per ship Ella S. Thayer, 3,400 Upland
per bark

1,150

To

5,799
2,350

Betty, 3,140 Upland

0,552

Liverpool, per ship Adolphus, 4,514
per hark
Nordmaling, 1,192
5,700
To Ha vre, per brig Romeo, 1,075
1,075
Pensacola—To Liverpool, per ship Eliza A Kenny, 3,400, Jan.11
3,460
To Genoa, per harks Vencenzo Lavagna, 75, Jan. 30
Florida, 00, Feb. 27
135
Wilmington—To Liverpool, per bark Augustiua, 1,055
1,655
Norfolk—To Liverpool, per steamer Egypt, 4,010—per ship
John Bryce, 0,798
per barks Arklow, 1,330
Albina,
2,830.
14,968
Baltimore—To Liverpool, per steamer Moravian, 712
Alfonso, 100
812
To Bremen, per steamer Berlin, 005
005
Boston—To Liverpool, per steamers Illyrian, (in addition) 412
Tagus, 699
Massachusetts, 522
1,633
Philadelphia—To Liverpool, per steamers Lord Clive, 895
Texas—To

year,

Gunny Bags, Bagging, &c.—Bagging is in good request for
small parcels, but no disposition is shown as yet to take large
lots.
Some transactions are reported of a few parcels, in all
about 300 rolls various weights.
The market is about steady,
and dealers are still quoting 8|@9|c., according to quality.
Butts are ruling steady in tone, but there is very little inquiry to
be noted.
The sales for the week foot up only a few hundred
bales damaged at lfc., cash, and 700^800 bales of sound at 2£@

2|c.,

as to

quality and time, and the close is quiet at these

figures.

88,870

Total

The
are as

particulars of these shipments, arranged in

our

usual form,

follows;
Cork
Liver-

pool.
New York... 2,822
New Orl’ns..28.024
Mobile
Charleston..

Bremen
& Ams-

and

A Bar-

....

1,150
2,350
5,700
3,460

Malaga

Hull. Havre, terdam. Reval.celona. Genoa. Total.
500
3,322
1,891
0,121
000
30,030
1,900
1,900

Savannah
Texas
Pensacola...

-

....

6,552

5,799

0,955

1,075

8,902
6,781
3,595

_

135

1,655

Wilmington. 1,055
Norfolk.
14,908

14,908
1,477

005

812

Baltimore...
Boston

1,033

increase, as compared with last week, the total reaching 3,322
bales, against 3,103 bales last week. Below we give our usual
table showing the exports of cotton from New York, and then
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1878, and in the last column the total

Philadelphia

1,052

lor the

Castle wood, steamer (Br.), Miller, from Charleston for Reval, before

The Exports

same

of

Cotton from New York this week show

an

period of the previous year.

Bxporta o! Cotton(bales) from New

Vorksloce SeDt.l, 1878

Total ....01,288

Below
carrying

UPOBTED TO

March
5.

Idverpool
Other British Porte

fetal to Gt. Britain

1,683
...

March
19.

26.

4,429

2,695

2,822

...

1.883

Havre

March
12.

4,429

14S

Other French ports

....

Total French

Bremen and Hanover
Hamburg
Other ports

148
371
'

•

..

•

2,6! 5

....

278

fcalmOportoA Gibraltar Ac

950

1,000




10,451

4,007

100

115

10,551

4,722

13,325
2,i02

14,863

635

10,132

16,162

29,449

....

328
....

828

....

....

!•

yso

1,000

3.352

5,707

....

3,106

1,817

4,454

5,610

....

Another*

Grand Total

245,344

,,

371

Spain, Ac

192,086

■

278

'

3,322

...

83

year.

243,527

83

....

perio;
prev’m

187,274
4,812

•

.

Total
to
date.

•

•

2,398

•

1,075

3,015 12,073

0,399

2,035

88,870

give all news received to date of disasters to vessels
cotton from United States ports, etc.:

reported at Bermuda in distress, having completed repairs and
settled salvage, resumed her voyage March 9.
A stem dock, built by the Jetty Company, was

placed under the steamer City of Limerick (Br.), where she was
repaired without returning to New Orleans. She resumed her

500

....

....

Total to If. Europe.

Total

March

2,391

we

City of Limerick.

Same

WEEK ENDING

1,033
1,052

....

/....

5,610

2,398

3,3.2

224,409

281.913

voyage on March 25.
Guy Mannering, steamer

(Br.), at Liverpool from New Orleans, before
reported in collision, &c., had been docked at Birkenhead March 10
for repairs.
Mary Louisa, steamer (Br.), Mace, at Liverpool March 7, from Boston,
experienced very7 rough weather from Feb. 21 to the 23d; had two
boats, standard compass, and several other movables carried away
by the heavy sea.
Mikado, steamer (Br.), from New Orleans for Liverpool, aground at Port
Eads, discharged cargo into barges at the jetties, and came off on
the 22d, and was reloading on the 25th.
Tagus, steamer (Br.), Clark, from Boston for Liverpool, which put hack
March 10 with shaft broken, repaired the same, and resumed her
voyage on the 19th.
Ardenlea, ship (Br.), Sterling, for Liverpool, with 3,700 bales of cotton
on board, was on fire at New Orleans March 19, but the fire was
extinguished; not more than 200 bales damaged; vessel but little
damaged.
David Brown (of Bath, Maine). At about nine o’clock on March 23, the
cotton aboard the ship David Brown, which cleared at Charleston,
S. C., March 22, with 47 bales Sea jRlaud and 2,881 bales Upland
cotton and 150 tons of phosphate rock for Havre, was discovered
to be on fil e. The ship was scuttled, filled with water and the fire
in the cotton extinguished. The water would be pumped out. Her
condition will not be known until the removal of the cargo.
cargo was valued at $140,000.

The

333

THE CHRONICLE

29,1879.1

March

March 6, from St.

Emma, (Ft). According to advices received at Havre,
Michaels, the ship Emma (Fr.), from New Orleans

for Havre,

reported at St. Michaels, Sic., would effect such temporary
repairs as would allow of her taking forward her 3,100 bales of cot¬
ton.
These repairs would occupy about 6 weeks.
She would
repair without discharging.
Forest City, bark, which arrived at Havre, Fob. 10, from Savannah,
with cotton, discharged 137 bales, marked “ Ralli T. (in reversed
triangle), Stoutside,” sea-damaged, which would bo sold by public
auction. The vessel appeared to have made a great deal of water,
and the above goods were in the bottom of the hold, and very much
damaged. (The F. C. sailed March 13 on her return voyage to
before

Savannah.)

bark (Ger.) According to private advices received at
Gothenburg, March 3, the sum of 25,000 kronens lias been awarded

Fiuda Lehment,

to the salvors who brought the Frida Lehment into Lillesand.
King Arthur, bark (Br.) The Liverpool Salvage Association
bales and 7 bags cotton saved and landed from King Arthur,

reported, at Waterford, since last reports up

report 00
before

to March 0.

Thursday.

tug to extricate her, which was only accomplished after
breaking several hawsers.
Wetteriiorn, bark, Skilling, from Galveston for Liverpool, appeared off
the north side of Bermuda March 6, in distress, being nearly on her
beam ends. The steamtug Spitfire was promptly sent out to her
assistance, and she was safely taken into port on the 7th. The W.
encountered a hurricane on Feb. 24, was thrown on her beam ends
and only partly righted, so that it was difficult to walk or move ou
her deck even in harbor. She had 6 feet of water in her hold. She
of

a

had discharged cargo March 19, and about
be badly damaged. The vessel was being

400 bales were found to

repaired.

Cotton

Liverpool, steam d.
sail

do

.

d.

Havre, steam

..

....

© k

..©*4

.

....

©

x4

316®732 316®732 316®732 316®732 316®732 316®732

c.

sail

..©*4

Fri.

Thurs.

Wednes.

Tues.

Mon.

Satur.

do

follows:

freights the past week have been as

....

©

© Sq*
^8* ....©*58
© k1 ....©^
....

....

© 58*

....© *2

c.

....

©

58*

...©^

.

*12©91G *12©916 *12©916 *12®913 *12©91g
t**32® *2 1532®^ 1°32® *2 1532® *2 I030© lo
*916®58 *916© ^8 *916®38
*916®^ *916®

Bremen, steam, .c.
sail
c.
do

I Aug.-Sept

52732

June-July
July-Aug

-

—

52933

.5toie®2932 [ May-June

53I32 1 Aug.-Sept

51,32

Friday.

Delivery.

j

Delivery.

|

Delivery.

6©53i32 | March
5i5iri®29:<2®78 I June-July
Mar.-Apr. 5t516-2932-78 1 July-Aug. .Gii6®132®G Mar.-Apr
Apr.-May..5R>lG-2932-78 I Aug.-Sept.. . -Ghe®1:^ I June-July
May-June.. .G®53i32® May-June....:
578 May-June
513iG®52y32 | July-Aug
53i32 |
Mar

Reynard, bark, Kingman, which arrived at Havre, March 5, from
Charleston, while attempting on the lltli to pass from the Bassin
de l’Eure Dock to the Vauban Dock, struck fast between the dock
gates, owing to her breadth of beam, and had to obtain the assist¬
ance

Delivery.
Apr.-May
578©2732
May-June
57g
July-Aug
6
52*32
May-June
53i38
July-Aug

Delivery.
...6
Mar.-Apr.. .52732®1316 | Apr.-May
5t316
Apr.-May
52732 I July-Aug
51&10
May-June
52732
578 I Apr.-May
I

Delivery.

Mar

52732
52*32
515i6

:

.52*32

BRE ADSTDPFS.
Friday, P. M., March 28.

opened stronger, with sales of common extra
State in lines at $3 90@3 95, and the better shipping grades at
full prices; but latterly the demand has been quite moderate, and
nrices are barely supported.
Receipts are not excessive andstocks are believed to te quite moderate, but holders do not
derive much encouragement from the general position of matters
r lating to the trade.
To-day, the market was generally dull,
was
a
but there
fair business in Minnesota common extras for
The flour market

export at $4(a)$4 05.
The wheat market ruled decidedly firmer early in the week
No. 2 red winter sold at

15£

$1

delivery, aDd $1 1G£ for May ;

on

the spot and for early

No. 1 white, $1 13£. But in the

past few days prices have been drooping, and sales yesterday
embraced No. 2 red at $1 14|g$l 15 on the spot and $1 lTf for

The improvement in the demand for sp, ing wheat noted
last has continued, and yesterday there were large sales
© *2 ....©^
.© *2
© *2
© h:
sail ...c.
do
at $1 03(a$l 05 for No. 2 and 93@96c. for No. 3.
©^
...©Ss
--•..© 58 ....©^
...©^
There was
Amst’d’m, steam c.
©...
©.
©...
©...
©...
'a)...
do
sail
c.
exceptional demind yesterday for fanev amber, and as high as
©716 ....@710 ....©716
Baltic, steam—d. ....©716 ....©716 ....©716
$1 16 paid, while No. 2 sold at $1 ll£@$i 12 ; No. 1 white sold
©...
©
©
©
©
©
sail
da
.d.
at $1 13£@$1 13f, spot and early option, and $1 14£ for May.
Compressed.
Receipts of wheat at the seaboard continue liberal. To-day, the
Liverpool.—By cable from Liverpool, we have the following maiket
was dull and weak, prices in some cases slightly lower.
Statement of the week’s sales, stocks, &c., at that port :
Business in Indian Corn had been to a fair extent at rather
Mar. 28.
Mar. 14. Mar. 21.
Mar. 7.
better p rices until yesterday, when some re-action took place
Hamburg, steam, c.

....

...

....

....

.

....

May.
in

our

.

.

..

....

_.

__

*

bales.

Sales of the week

Forwarded
Sales American
Of which exporters took ....
Of which speculators took..
Total stock
Of which American
Total import of the week......
Of which American
Actual export
Amount afloat
Of which American
The tone of the Liverpool
itlie week ending March 28,
have been as follows:

71,000

72,000

8,000

8,000
55,000
7,000

46,000
9,000
3G,000
3,000
3,000
556,000
427,000
94,000
81,000
7,000
330,000

55,000
9,000
46,000
5,000
4,000
552,000
417,000
57,000
41,000
4,000
373,000

567,000
432,000
89,000
75,000
9,000
370,000

313,000

317,000

310,000

56,000
7,000
7,000

8,000
549,000
414,000
48,000
34,000
5,000

367,000

313,000

market for spots and futures, each day of

and the daily closing prices of spot cotton,

Saturd’y. Monday'. Tuesday'. Wedn’sdy' Tliursd’y Friday.

Spot.

\

Market,

j

12:30 P.M.

Easier.

51-V,

5*t

51

57e

51*16

534

Mid. Upl’ds
Mid. Orl’ns.

Market,

?

5 P. M.

J

Dull and
easier.

Buoyant.

Active
and
firmer.

Firm.

578

5i3iG
51o16

511ig

he

Firm.

534

6

15,000
4,000

10,000

7,000

1,000

1,000

10,000
2,000

15,000
.

2,010

10,000
1,000

Futures.
Weaker,
Barely
free sel’rs steady, ofat last quo f’r’j?s free.

)
$

P. M.

Flat.

Quiet.

Easy.

Easier.

The actual sales of futures at Liverpool, for the same week, are given
below. These sales are on the basis of Uplands, Low Middling clause,
•unless otherwise stated.
Saturday.

Delivery.

d.

5i*hg'g)25g2

Mar.

Mar.-Apr ..5131G@2532
April-May ..5131G©2532
.

Delivery.
d.
May-J une. 5 78-131 e-2732
June-July
.578@2782
July-Aug
Sice'S) 2932
..

...

d.
Delivery.
Aug.-Sept
’6©5t51G
6
Sept.-Oct
May-June —578®2732

Monday.

Delivery.
52332@rtio | Mar.-Apr
Mar.-April..52^32®1116 I April-May
Apr.-May. 5 34-2332-11i6 I J uly-Aug’
Delivery.

Mar

May-June.52530-34-2332 Aug.-Sept
June-July ..5i*i6©2532 | April-May
July-Aug
.
.52732 I May-June
Aug.-Sept
-52932 j June-July

52332

532*32
5t3je
57s

534
534

Delivery.
July-Aug

57a

Shipments.

Feb.-Mar., sail... 52332
Apr.-May, n. crop,
sail
578

Delivery.
Mar

51 tie

Mar.-Apr
Apr.-May... 52*32©ii

5i31G

..

Delivery;
June-July
52532
J uly-Aug
578© 27*32

I Aug.-Sept
534©2S32 I June-July
i6

Wednesday.
Delivery.

Rye declined, with sales of prime Western and State at 59@
Barley has been dull, drooping and unsettled.
Oats have been in demand at firm prices, but no decided ad¬

61c.

quoted. Yesterday, the sales included 50,000 bash.
April delivery, 33£c., and 12,000 bush. No. 2
Chicago mixed, 32^c. To-day, the market was quieter, No. 2
graded closing at 31|c. for mixed and 33fc. for white.
The following are clasing quotations :
vance can

be

No. 2 white for

Grain.

Flour.

$ bbl. $2 40® 3 15

No. 2

578
534

52632

Mar

.

Extra State, &c
Western spring

extras..*

wheat

City shipping extras
Southern bakers’ and fa¬
mily brands
Southern

Delivery.
July-Aug—

51316

Mar.-April
Apr. May

52t32
52i32

Mar

52i32

3

3

do XX and XXX
do winter shipping ex¬
tras
do
XX and XXX..
Minnesota patents

shipp’g extras.

Rye flour, superfine

Corn meal—Western,&c.
Corn meal—Br wine. &c.

30 ® 3 65
85 ® 4 00

Wheat-No.3spring,bush. $0 92®
95
No. 2 spring
1 03® 1 05
Rejected spring
76®
78
Red winter No. 2
1 14}4®1 14V

3 80® 4 10
4 25® 6 03

4 00® 4 40

4 5 0® 6 00

5 53© 8 25

3 90® 5 25
75®
4 20©
2 85®
2 10®

4

6
4
3
2

25

1 118© 1 14
1 13®1 13V
Corn—West’n mixed
43® 45#
do
No. 2, new—
45V® 45 V
do
white
45®
47
White
No. 1 white

yellow Southern new.
Rye—Western

47
59

45®
57®

State and Canada
Oats—Mixed.

59® 61V

20® 32$4
32®
36

White

80© 1 05
70®
80

65 j Barley—Canada West....
State, 4-rowed
15 I
State, 2 rowed., .i
30 I
2 60® 2 65 I Peas—Canada.bond&free

55®
72®

65
90

Receipts at lake and river ports for the week enling March 22,
1 to March 22, and from Aug. 1 to March 22.
Rye,
Flour,
Wheat,
Corn,
Oats, Barley,

1879, and from Jan.

bbls.

(196 lbs.)

At—

41,9:8

Chicago

47,274
106
12,100
2,412
26,415
3,564

Milwaukee.
Toledo
Detroit

Peoria.
Duluth

Delivery.
578
April-May.... 5%®2532 June-July
51316
52532 J uly-Aug
Mar.-Apr
52332 May-June
G
52732 Aug.-Sept
April-May 5H1 6©2*32 June-July
5t3!e©2532
July-Aug
57a ~ Mar
53t
May-June
52532
5 ©131G Mar.-April
June-July
51 3ie Mar.-Apr
52532
5t31G Apr.-May
July-Aug... 5i316®2732 Apr.-May
Mar
534
5t3*1€
May-June.. 5131C®2732 May-June
Delivery.




depressed.

Cleveland
St. Louis

Tuesday.

May-June.

dull and

ern

Spec. & exp.

5

was

Superfine State & West¬

Unch’ged. Unch’ged.

Unch’ged.

•'SalGS

Market,

leading to a brisk business; old No 2 mixed sold at 46@46£c.,
new No. 2 mixed, 45f@45|c., closing at 451c., spot and
April, and 46£@46fc. for May ; steamer mixed, 45@45£c., spot
and March, but 44£c. accepted for April.
To-day, the market

in store ;

.

....

133,869
124,118

Total
Previous week

bush.

bush.

(60 lbs.)

(56 lbs.)

290 667

217,420
68,525
93,000
18,200
190,173
3,2.i0
36,905

lim

a

1 AVK

1

1 1 ft *71

f

348.837

27,700
5,009
17,500
18,400
95,573
112,200

22,880

27,703

....

1,123.077
908,4(9 1,226,641
595,942 1,5:8,711

626,269
641,785

92,945
119,775
69,535

Q non

757,137

419,418

205,670

16,311
5,120
»

5,4J0
28,966
8,000

....

921,091

bu9h.

74,150

16,114,652 4,749,650 1,551,815
12,871,665 4.199,982 1,903,021
13,317,343 32,947,470
1,355,375
19 Rltt 7*1
7011 fiat 1
77*

•

•

•

450

18,682

4,950
45,493
41,081
84,716

17,340
663,968
690,803
471.911
285,641

69,720,261 56,182,017 21.610,632 8.593,591 l,625,8f*
55,406,700 47,961,231 16,611,539 8,381.861 2.667,620
33,064,854 52,067,744 13,993,260 7,421,025 2,329,396
1875-6... 3,422,617 47,8:3,318 34,045,430 18,413,408 6,477,373 1,515,490

Tot Aug. 1 to Mar. 22.4,232,702
Same time 1877-3.. .4.101,469
Same time 1876-7. ...3,564,161

Same time

11,200
76,237
11,900
5:,903
240,140
231,030

bush.

....

Corre8p’ng week,’78.
91,703
Gorresp’ng week,’77.
61,460
235,903
>t Jan.l to Mar. 22.1,381,346 13.631,397
me time 1873
1,329,075 11,931,409
me time 187tt....
970,46) 3,871,369
m o

495,590

bush.

(32 lbs.) (48 lbs.) (56 lbs.)

334

THE

CHRONICLE

Shipments of flour and grain from Western lake and river
ports from Jan. 1 to March 22 for four years.

IVOI,. XXVIIt

2,539 packages. The exports from this port included 1,028
packages to Great Britain, 260 to U. S. of Colombia, 159 to Peru,
Flour,
Wbeat,
Corn,
Oita,
Rye.
Barley,
bbls.
bush.
93 to Brazil, 84 to Argentine Republic, &c.
bush.
bish.
bush.
bush
The steamer
Jan. 1 to Mar. 22
1,482,114 6,408,527 8,394,721 8,1 s3,657 1,102,149
815,604
Sam^ time 1878
Serapis,” about leaving this port for China <via Suez
1,340 5?l 10,393,662 9,103,160 8,532,088 1,083,866
415,805
Same time 1877
818,357 1,653,034 6,671,775 1,713.169
819,967
217,214 Canal), will take out a
very large quantity of dome'orics as part
Same time 1876
1,184,065 8,658,516 9,286,274 2,2)0,270
1 84,687
742,942
cargo. There was a steady demand for all leading makes of
Rail shipments of flour and grain from Western lake and river
plain cottons, and prices ruled firm in sympathy with the staple.
ports.
Week
Colored cottons were in fair request, but cheviots and cottonades
Flour,
Wheat,
Corn,
Oats,
Barley,
Rye,
bbls.
ending—
bush.
bush.
bush.
bush.
bush.
were rather quiet in first hands.
Grain bags continued active
March 22, 1879
770,9.'8 1,0j9,801
143,719
100.3*4
449,114
41,7i8
March 23, 1373
81,10)
497,750 1,032.552
41.107
208,217
51,248 and in light supply.
White goods and quilts were in good
March24, 1877
4»,S9i
103,864
384,641
104,910
55,631
15.747
March 25. 1876
80,034
263.925
143,361
535,520
12.217 demand and steady.
Print cloths were in good request at an
39,034
Receipts of flour and grain at seaboard ports for the week end¬ advance upon last week’s quotations, and at the close of the week
ing March 23, 1879, and from Jan. 1 to March 23.
extra 64x64s were almost nominal at
3fc. cash bid to 3£c. cash
Flour,
Wheat,
Corn,
Oats,
Barley,
Rye,
offers
of
cash
asked,
and
3c.
were
At—
bbls.
bu-h.
bush.
freely made for 56xG0s. Printsbush.
bn-»h.
bush.
New York
82\903
93,883
516,218
311,154
met with liberal sales and some makes of 56x603
60,150
28.23*
(of which theBoston
112.900
51,05)
334,560
92,150
17,701
Portland
6.500
19,500
supply
is
very
1,*<'0
1,500
light) were advanced ^c. per yard. Cotton dress
Montreal
750
75
7,080
811
goods
and
ginghams
continued in good demand at unchanged
16,770
Philadelphia
277,3 K)
4*30,500
80,5 X)
23,501
7,500
Baltimore
24,655
455.800
20,b00
383,100
2,000 prices.
New Orleans.
were

“

.

.

.

l

4

1

.

......

Total
Previous week
...

11,247

16,000

216,194

1,637,450
1,689,910

.

.

62,104

....

2,213,573
568,783
105,192
1,769,: 5 *
402,374
62,7r 8
1.111,357 2,342,192
378,971
92,900
17,096,839 29,649,23-3 3,645,377 1,054.769
15,04-2.817 21,178,327 3,033,057 1.682.016
1,37^,049 16,519.566 2.953.0)3 772,6)8
4,160,3 ;9 16,801,714 3,346,127 1,452,277

241,0*5
182,637
Tot. Jan. 1 to Mar. 21,.2,284,508
Same time 1873
.1.939,418
Same time 1877
1,491,211
Same time 1876
,2,009,487
...

Corrcsp’ng week,’78

490,159

.

.

39,745

93,477
78,291
115,bl4
53-2.8^2

627,804
246,716

66,749

Exports from United Spates seaboard ports and from Montreal
for week ending March 22, 1879.
Flour,

From—
New York
Boston
Portland
Montreal.

Wtept,

bbis.
79.072

148,122
19,500

3,9S1
12,408

482,512

116,817

1,8*0,023
1,475.930
1,414,849
1,266,640

Baltimore

431,361
50,993

Oats,

Rye,

Peas.

bush

bu?h.

t>ush

4,255

15,036
15,400

#

240.90*4

Philadelphia
Total for week..
Previous week
Two wc*eks ago
Same time in 1878...

bush.

9*8,991

15,5*22
5,334
,

Corn,

bush.

160,377
101,113
9.*,171

495,276
890,115
1,S67,743
1.677,945

1,361,610
1,722,508

20,915
90

....

....

4,315
5,449

20,915
16,7 5

25,436
3**,510

7,511
9,753

116,051

10.647

51.523

71,198
The visible supply of grain, comprising the stocks in
granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and afloat in New York and Chicago,
March 22, 1879, was as follows:

In Store
New York

Wheat,
bush.

at—

Corn,
bush.

1,180,686

Oswego
St. Lou

...

3,515,10.)

...

s

...

Boston

T«>rof)to
Mont real (lath)

...

522,707
336,451
90,407
321,629

4*9.510

769 471

404/; 00

70,000

158,000
1,263

1,583,814

36.907

44,4 8

956

2,737

1,325
135.737
33,481
8,411

83.813

24,332

81,679

969
18 910

91,178
10,160
1,490

4,996

47/21

100,'21

40,000
919.431

449,1.4
25,0i 0
25,685

13,150.646
13,342,312
14,083,812

2,271.434
2,153,016

215,000
2,325,817
349,3.5
1,940

2.178

115,589

335.440

157.883
607,328

..

Indi-napolis

Kansas City
Baltimore
K‘.il shipments, week...
Afloat in New York*....
Afl .at in Chicag >

Total
.1
March 15, 1879
March 8, 1879
March 1, 1879
Feb.
22, 1879
Feb.
15, 1879
Feb
8. 1879
March 23, 1878

...

164,323
20.090 411

..

....20.985,326
.

.21,416,359

..

....

..

21,104,121 13.801,5*7 2,202.169
20.716.84!]* s-42,596.669 2,162.019
20.736.»!?ff

.20/0»,146

11,5'9,546
10,613,838

7,563,149

5,72-,!6*

...

...

2,062 8*8

2,346,9 i4

2,345,967
2,539,150

35,000
50,747
218

3.762

2,2-0

609.175

1,009.601
...

412,023

3,068
422,000
56,167
7,788

'

211.5 0

Peoria

*

3,059.3’6
23,80)

118,252

Philadelphia

Rye,
bush

137,500
21.201
.303,326
160,600

422,943

...

hush.

36,900
89,419

53 00J

Buffaio

Milwaukee
Duluth
Toledo
Detroit

Barley,
582,903
251,000
167,186

Albany
Chicago

Oats,
but-h.
613.439

41,773

155.00)
...

3,139038- 1,230595
3,(98,617 1,195,233
3,555.296 1,224 799
3,850.636 1,264,275
4,107,046 1,213,583
4 301.391
1.359,361
4.541,2 3 1,321/11
2,583,131
6.0,163

istlnutei.

THE DRY GO 3D3

T£ADE.

Friday, P. M.. March 25, 1379.

Domestic Woolen Goods.—There

sluggish move¬
hands. Light-weight
fancy cassimeres were in irregular demand, and while makes
adapted to the clothing trade ruled quiet, fine cassimeres and
suitings were taken in moderate parcels by cloth jobbers.
Cheviots were in light request and prices are unsettled and lower
ment in men’s

in

some

wear

demand, and transactions

were

seemingly governed by actual

wants.

Domestic Cotton Goods —The exports of domestics from this

port to foreign markets during the week ending March 25 reached
1>798 packages, and the* shipments from Boston in the same tiwt 3




coatings lacked animation and there

only a limited inquiry for tweeds and cashnierettes. Ken¬
tucky jeans w re rather more active in jobbers’ hands, but the
package demand was light and unimportant.
Satinets ruled
quiet and prices are low and unsatisfactory in many instances.
Worsted dress goods were fairly active in first hands, and
job¬
was

bers’ sales

were

liberal in the aggregate and attended with fair-

profits. Shetland and laced shawls changed hands in considera¬
ble quantities, and there was a moderate inquiry for worsted
shawls.
Foreign Dry Goods.—Business

rather less active witli

was

importers, but a liberal distribution of foreign goods was made
by the jobbing trade. Silks were repeatedly offered in the auc¬
tion

moderate

with

rooms

success,

and fair

sales

of black,,

colored and

fancy silks were reported by jobbers. Staple and
fancy dress goods were in fair request and generally steady in
price. Linen and white goods, embroideiies, handkerchiefs^
laces, hosiery, gloves and trimmings were fairly active in«
jobbers’ hands, and moderate quantities of men’s-wear woolens
and worsteds were distributed by the cloth houses.
We

annex

prices of

a

few articles of domestic dry goods
1

do
do
do
do
do
do
do
do

..

do 4-4
A..
B..
C..
D..
E.
..

..

..

..

..

F.i

awning

15
20

11#
10#

..

10

..

15#

Conestoga

..

do prem A.4-4
B.4-4
do do
ex. ..4-4
do
ex.. 7-8
do
do Gld md!4-4
CCA7-8
do
CT..4-4
do
do Penna. 36
do
7-8
do
A A 7-8
do
FF
do
do
A....7-8

do
No. 1.
do awning.
dc
No. 2.
do
No. 3.
do
No. 4.
do
No. 5.
do
No. 6.
do
No. 7.
do
No. 8.
Falls AAA
do
AA
do
BB
d)
A
Hamilton BT..
do
TT
do
D
Lewiston A...
do
A....
do
A..,.

H'A
13#
12#

.

18
17
16
15
15

12#

13#

32
..
..

..

..

..

....

10
17
9

Width. Price..
Lancaster

14
13

4-4
do
7-8
Methuen AA..
do
ASA.
Minnehaha... 7-8
do
...4-4

UK

Omega medal. 35

16

..

.

.

..

do
do

10

6#

..

14
13
12
10
..

..

do

32
ACA.. 36
do
ACA
32
do
A
3b
Pearl Rive.*

9

..

..

.

12

:

icking.

Width. Price.
Cordis AAA. 32
14
do
ACE.-32
16

Width. Price.

Amosk’g ACA.

...

Palmer
Pemberton A A
B
do
do
E
Swift River.
Thorndike A..
do
E
Willow Br’k No 1
York AAA.... 32
do

12
10

.

h'.'A
14#

..

30

13

..

28
25
17
15
] 5

14#

7#

8K8#

..

36
32

18

14
3 2#
11
8

..

12#

20
17
n
18

..

15#
15

12#7

Stripes.

The

dry goods market has displayed a fair degree of activity
the past week, and
though both wholesale and retail buyers continued to operate with marked
caution, a large aggregate
amount of seasonable goods
was placed in the channels of
xonsumption. There was a steady movement in cotton goods,
prints and dress goods from agents’ hands, but woolen
goods remained quiet, and
importers reported a some¬
what light demand for foreign fabrics.
The late advance in
cotton has imparted increased confidence to
buyers of nearly all
descriptions of manufactured cottons, and the general condition
of the cotton-goods market is regarded as
more satisfactory than
for several years past.
The jobbing trade was fairly active dur¬
ing the week, and a liberal business was accomplished in both
domes:ic and foreign goods by mo3t of the
leading houses,
although there was not the least symptom of speculation in the

very

woolens from agents

Worsted

cases.

was a

Amoskeag

Century

8#- 9#

American
do
Bates Cheviot..
Belm’nt Chev’t

Clarendon do
Creed moor do
Cherwell
do
Century
33

Everett Cheviot
do

8

heavy

•

•

Otis BB
Park Mills Ch’t.
Thorndike A....
do
B....
Uncasville A...
do
UCA.
Whittenton AA
do
B...

•

9
10

11 #

Hamilcon
;. .10#-11#
Lew’n AA.Chev.

....

....

...
..

27

Columbian

10K-11#
fancy
11#

A....

do

.

Massabesic

....

....

—

12#
11/4r
10*.
S#-9#
10-31
9
8-

....

Carpets.
I

Hartford Company’s—
Extra 3-ply

I

1 00

Imperial3-ply..
Superfine ingrn
Super ingrain..

5 fr Brussels:.
do
4 fr
do
3 fr

..

..

90
70
62K

1 35
1 25
1 15

I

Sanfords—
Extra 3-ply....

75

Tap’y Brussels

Palisade,best

Ex. tap. Brusls

|

Brussels
XX quality

70

d’ble
cotton chain
all-w’l

filling

Super all-wool
acid worsted.

Liberty Mills—
eagle
....
Alex.Smith’6Sons&Co— I
Superfine donblecot'nch’n
82K |
Tap. ingrains..
do Brtfsis beet
60 I
all-w'l fi lingdo

do i

1 Horner Brothers—
Extra Persian
damask Vene¬

Ex super

|

25-37*

chain

tap

Brussels
65
Knickerbocker Mills—

72#
65

Medium super
ai:-wuol and
worsted
55
| Indian Mills—
I All-wool filling
d’b e c’n ch’n4*2#-50*
|
Cotton & wool
double cotton
|
....

....

Higgins & Co—
75
Star qual. tap.

|

90

80
Tap. ingrains..
70
Tap.Brus’lSjbst 65-75

Palisade
E. S.

I

Low-11—

Superfine 3-ply.
Ex super ingn..
Superfine ingr’n

Tap’y Brussels

J

|

60
60

I
|

55

|

I

tians.,

sq-yd.

70

Ex. Aubusson
damask Vene¬
tians
Stinson Brother?—
Ex. double cot¬
ton

55-

chain w’l

figures

,.

36-

March

CHRONICLE,

THE

29, 1879.]

Receipt* of Leading Article* of Domestic Produce.

Importations of Bry Mood*.

importations of dry goods at this port for the week ending
March 27, 1879, and for the corresponding weeks of 1878 and
The

1877, have been

follows

as

:

ENTERED FOR CONSUMPTION FOR THE WEEK ENDING

27, 1679.

MARCH

—

1878.

1877.

Value.

Fkgs.

1,690

134,075

530
956
588
867
m

4,910

$1,477,659

3,327

661

Manufactures of wool..
do
do
do

cotton

1,005

silk
flax...

652
899

..

Miecell’neous dry goods
-

Total

WITHDRAWN

$253,580
328,646
537,001
224,357

WAREHOUSE

FRDM

AND

THROWN

1879

Value.

Pkgs

•

799

V03
4,592

{1,252,613

9,325

THE

Value.

Pkgs.

$222,441
295,460
403,275
19**732
132,712

INTO

$322,932
454,259
559,220
327,426

1,567
864

$1,832,353

MARKET

$180,868
76,309

449

{183,973

§83

silk..
flax...

89.276

94,129

113
592

83,137
111,413
129,174

369
184
98
411

Miscell’neous dry goods

6,873

62,017

6,316

60,615

4,290

8,121
4,910

$502,599
1,477,659

7,782
3,327

59,614
1,252,613

5,262

do

Total
Add ent’d for cons’mp’n

$1,980,253 11,115

Tot. thr’wn upon mark’t 13,031

DURING

00

cotton

9,325

$1,812,227 14,587

$2,290,386

SAME PERIOD.

do
do

silk
flax

..

.

Miscell’neous dry good*

533
195
149
408
251

$120,986
63,888
185,117

330
200
136
359
309

67,533

25,465

$211,294
51,482
125,173
86,523
35,C66

Total
Add ent’d for oons’mp’n

1,334
4,910

$162,989

1,511

$512 5*8

1,177,659

3,327

1,25 <(,613

Tot’l entered at the port

6.244

$1,910,648

4,868

imports of

L«a<tliiK

{151,031
£4,062
83,4-9
86,399
83,052
458,033
1,832,353

ENTERED FOB WAREHOUSING DURING

Manufactures of wool..

395
172
133
317
152

$165,930
40,482
123.501

69.049
36,245

Jan. !,
I8i9.

Earthenware..

.

Glass

Glassware
Glass plate.
Butons
C >al, tons
Cjcoa bags..,.

Coffee, bags
0>tton, bales
□rugs, &c—
Bark, Peruvian.
Blea. powders..
Cochineal
Cream Tartar..
Gambier

Gam, Arabic....
(ndigo

1,007
2,751

1.0

2,186
253,723
15,112

2,909

433,498

Tin, boxes
slabs,lbs...
3,231,481
13,061 Paper Stoca
28,347
5,324 Sugar, hhds, tcs. &

3,847.463

516,796
3,870

Hides, dressed..
India rubber

Ivory
Jewelry, <fec.—
Jewelry
Watch 33
L'nseed
M >laeso \

253,736

Tin

bbls

869

9,066

106,384

Sugar, bxs & bags.

6,866 Tobacco
6,805 Waste

3,057
7‘JO

439

18,631

3,039
'

1,253
1,325

Champagne,bk ts.
Wines

3 0

Wool, bales
Articles reported by

531

value—

9,935 Cigars

'

205

230 Corks

5,815
15,055

1 028

Lemons

1,197

1,375

100

280
1,416

Oranges.

39,779

Rice

1,194
14,067

193

506

651
146

613
123

146,716
7,024

71,735

1 09

17,531

12,878

151

129

Spices. Ac.—
Cassia

Ginger
Pepper
Saltpetre
WoodsCork
Fustic

5,251

13,227
20,669
7,936

$
328,880

159,704
586.004
208,173

Nuts
Raisins

427

12,325

22,901

2ol,9*7

500,15'J

94,395

55,010 Hides, undressed..

266

217,349

66,557
607,669
327,228

15,311
153,693

5,550 Fancy goods
13,820 Pish
15,759 Fruits, Ac.—

13,219

9,842

Wines, Ac—

2,751

1,161

Bristles

Steel

341,466

544

H^mp, bales
Hides, &c—

Lead, pigs
Spelter, lbs

Tea

1,200

Stir

8,122

2,402

7.725

6,729

Ganny cloth

1,183

1,5 It!

7,019

Madder&Ext.of

P ax
Purs

lime
18.8.

159

59,235
5,439

7,125

Oil, Olive
Opium
Soda, bi-carb...
Soda, sal
Sodaasb

Same

1.251

Hardware

13,914
21,479

7,817
$

347,031
12,609

Liverpool.
London

1,670
102
198
59

Glasgow

Hull
Bristol
British ports

Marseilles......
Oporto

1,580
....

1,472
40j
33
255

....

•

Hamburg
Bremen
Havre

bbls.

•

.

134
50

110
212
6!

1,174
....

....

•

•

•

•

•

•

•

•

....

•

•

•

Continental Ports
South and Cent America.
West Indies
British N. A. Colonies....
Other countries.

341

69

1,546

444
41

T«*tal week
Previous week

5,376
8,015




•

105
....

...

4,317
4,429

Bacon,

lbs.

lbs.

309,117 10,438,837

4,400
16,600
16,(03
....

80,000
981,025

1,165,763

169,0G0
1,678,875
892,050

7,117
4C0

146
2

2,854
No.

2,692
5,392

14,173

31,306
217,658
34,912

16.175

Cheese,

Tallow,

lbs.

lbs.

2,406,816 1,111,464
16,800
170,000
449,940
5108,400

528,000
141,200
55,000

64,644
14,000
135,320

15,800
6,510
37,387

412*,500
14,593

11,533

...

60

12,038

6,912

64,213
6,479

76,935
5.621

493

566

110.994

311

3,495

33,035

18,960

7,728

78,985
13,075
640,127
273,698
273,r66

99,742
20,116
415,557
200,694*
149,387
125,215
324, £51

....bbls.

1,049
33,507
16,523
19,323
13,879
10,115

tcs. & bbls.

430
179

Rice

1,040

Steariue

3,529
371
79
502

Pkgs.

Sugar

hhds

Sugar
Tallow
Tobacco.

’..

1,783
3,425
1,291
6,085

..

bxs and
.

cases.

Tobacco

Whiskey

675

123,793
6,429

Hogs, dressed

Wool

920

3,045

79.474

242,677
6.876

7,270
13,560

49,619
10,412

7,205.

33.351

•

•

•

•

•

6,870

8,822
814

272

21,989
c0,256

9,081
24.333-

28,743

31,232;
15,522
44,184
10,644

7,639
88.871

11,058

Exports of Leading Articles of Domestic Produce.
The

following table, tfosed upon Custom House returns, shows
from New Vork of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the 1st of January, 1879 to the same day, and for the
corresponding period in 1878:
the exports

Mar.

4'oio

3.871,594 18*493,225 3,234,493 2.886,469
3,285,029 18,534,151 3,393,982 1,317,878

ending Since Jan. 1,
25.

...bbls.

Ashes, pots
Ashes, pearls
..

last year.

463

SO

42

324
99

2,378

18,700

43,30$

58,662
1,256
2,603

692,506

627,718

909,297

....

Beeswax.

Same time

1879.

Breadstuff's—
...bbls
..bbls

Flour, wheat
Flou'*, rye

Rye
121,530
8,7^7
246 322

-..

332
9.917

609

EggLard
Lard

Wheat...

78,840
5,009

50
465

bbls.
bbls.

Peanuts
Provisions—
Pork
Beff
Cutraeats
Butter.
Ch*ese

68,783

232.140

88,623

.

14,494
..

45,363

4,504
bbls.
...

95,953*

968,488

#

..

2,621
79,389
55,878
40,318
20,740
375,691
4,941
69,506

76,654
11,962

Turpentine, spirits...

1,827,768
1,051,543
124,952
274,916
9,457

31,593
36,056
1,004,412

1.246

Turpentine, crude....

70,489

564,400
469,125
879,431
713,825
24,000

2,716

243.212

5,823.192

Molasses
Molasses
Naval Stores—

Corn meal

527,425

184,000
34,500
1,500
238,200 1,900,959
7.839
341,835
491,731
214,752

20.796

417,230
278,068
96,819

Leather
Lead

86 535

t

10,559,642
451,801
4,671,775
1,489,047
1,542,499
182,240
287,010

16,3.9

Grass seed
Hides
Hides

57.392

Orleans for the week ended Mch. 22, 1879, and their distribution:

bbls

42,586*

8,841,644

Cotton *eed oil
Flax seed

76,364
41,516
131,112

following are the exports of provisions from New York,
Bo3ton, Baltimore, Philadelphia, Montreal, Portland and New

To—

1,003.170

44,590

Week

The

Lard,

1,220,924

3.788
913,200

12,620

164,058

Exports of Provisions.

Pork, Beef,

97,695

161,515
114,589

582,870
179,034
805 812
209,232
2,733,570 3,583,023
17,17c
38,343

ICO,638

Logwood
Mabogftpy

1,120
22,489

Peas
Cotton

Oil, lard
Oil, whale

Articles.

2,551

..bush.

..

Barley and malt

Pitch
Oil cake

Cutlery
2,216
7,36=»
43,812

Corn
Oats

$2,267,560

Metals, Ac.—

EarthenwareChina

1,714
20,106

Rye

{1,765,151 10,494

Since
Jan. 2,
1879.

Cmna, Glass and

Wheat

Ro*in
Tar

Same
time
1878.

Since

bbls.
bbls.

Same time
last year.

181
691

..

Flour, wheat

$43',207
1,832,353

in oacSaire? wrien not otherwise specified.1

is given

Ashes
Beans
Breadstuff's—

1,169
9,325

table, compiled from Custom House returns,
imports of leadiug articles at this port since
January 1, 1879, and for the same period in 1878:
Trie quantity

Week ending Since Jan. 1,
Mar. 25.
1879.

Hops

The following
shows the foreign
i

following table, based upon daily reports made to the?
Exchange, shows the receipts of leader:
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, 1879, to tbit day, and for the corres ponding period in 1878:
New York Produce

Corn meal

453
237
114
444

do

The

163,516

THE SAME PERIOD.

Manufactures of wool..
do
cotton

335

•..

•

.

...bush.

Oats

•

•

4,355

Barley
Pea9
Corn
Candles

Coal
Cotton
Domestics

..pkgs.
;

...

48,978

8,690,018

9,912,830

704,512
41,103

618,402

21.712

1,029,016

14, 62

187,287

1,334

6,705,273
16,430
19,100

2,231

69, 06

1,767

•

'

•

•

•

•

£9,921
100,599
4,011,774
11,029
1P,4S2‘
137,302

•

....

5i9

Naval Stores—
Crude turpentine

...bbls.

....

109

Spiiits turpentine.
Rosin
Tar
Pitch
Oil cake

.

.

.bbls.

3,5:»5

.bbls.

107
65

....

9,716
100

2,420
34,677
1,820

1,211

29,506
-

\x

3,075
53,279
1,463
1,571

....

Oils—
Whale

Sperm
....gals.
...bbls

—..

tierceb.
lbs.

...

bales and cases.
Tobacco, manufactured.... ....lbs.
Whalebone

56.021

239

260,873
1,900

3,930,024

30,829,023

30,516,371

3,917

59,565

673

10,461

65.S31
10,697
20,£80
159,027,283
2,165,281
14,218,065

19,460

Linseed

14,249
24,341

219,877
206,515
1,428;

....

Lard

Provisions—
Pork
Beef
Beef
Cntmeats
Batter
Cheese
LaM
Rice
Tallow
Tobacco, leaf
Tobacco

1.404

88.186

5S'*,5(»7

•

Hay
Hops

2.5C2

2,166
13,871,359
536,427

10.615

200,610,656
7,b22,037

276

24,596.877
68,817,933
4,181

1,375,235

18,923,297

19,212,191

1,483

12,84ft
13,160

80,474

11,725
7,204
1,501

6,434

15,695

2,098,100

2,192,093

312

96,501,455
6,118

1,671,89$
62,727

THE CHRONICLE.

336

SOUTHERN
OF NEWCOURT,
YORK—
DISTRICT
STATES
UNITED
CIRCUIT

equity.—Between JOHN G. STEVENS ard
others, complainants, and the NEW YOHK & OS¬
In

MIDLAND RAILROAD COMPANY and

others, defendants.

of foreclosure and sale

United States for the
Southern District of New York, tilting in Equity,
made in the above entitled suit, and dated the sec¬
ond day of October, eighteen hundred and seventysix, I, Kenneth G. White, the Master therein
named, will sell at public auction, at the Wickham
Avenue Depot of the New York & Oswego Mid¬
land Railioad Company, in Middletown, in the
County of Orange, and State c f New York, on

Saturday, the twenty eighth day of June, eighteen
hundred, and seventy-nine, at twelve o’clock, noon,
of said day, the premises and property in and by

the said derrte directed t-* be sold; that is to say:
All and singular the railroads, railways, branches

and rights of ways, and other property belonging or
appurtenant thereto, constructed at or since the

date of the in on gage made by the
the New York & Oswego Midland

said defendant
Railroad Com

and for the foreclosure cf which this suit
brought, namely: The main line of road, ex
tending fiom the city of Osw»go. upon Lake On
tario, through the counties of Oswego, Oneida
MadisoD, Chenango, Otsego, Delaware, Suilivun and
Orange, to the State line between the States of New
York and New Jetsey. The Cortland branch from
Cortland, in. the county of Cortlai d, by way of
Truxton and De Rujttr, through the counties of
pany,
was

Cortland. M di*on and e henango, to Norwich on

The New Berlin branch
Chtnango. to
branch, from
the aforesaid
mainline. The Kings-ton and Ellenville branch
from Ellenville, through the counties of Ulster anci
Sullivan, to aforesaid main line. Together with
all and singular the lands, truck*, lines, rails,
bridges, -viaducts, culverts, ways, rights of way and
the aforesaid main line.

from New t erlin, in tl.e county of
the aforesaid main line. The Delhi
Delhi, in the county of Delawaie, to

materials, buildings, ferries

arid feiry-boats, piers,

walls, fixtures, tele¬
graph poles, telegraph wires and appurtenances to
telegraphs, privil ges. < asements, rights under
wharves, erections

fei ces,

teims and parts of terms, agreements,
covenants and cor tracts of all and every kind,

leases,

franchises, rights at d interests, real estate, per
tonal property, choses in action, leasehold and
other things of ard belonging to the said New
York & Oswego Midland Railroad Company of
every kind, nature ard character whatsoever. And
all railway stations and depots, engine houses and
machine shops, with all the np; urtenances neces¬
sary or convenient for the sole, complete and entire
use and operation, £.8 well as maintenance, of the
said roads or rai.ways. And also all the locomo¬

tives, engires, tenders, cars of every kind, carriages,
rolling stock,materials, t ols and machinery owi ed
on the first day of July, one thousand eight hun¬
dred and sixty-nine, by
or thereafter acquired

the said railroad company,
by cr belonging or apper¬
taining to said railroad and railways, ana connected
with the proper equipment, operation and c in¬

And'together

duct of the same.
with all improve¬
ments or additions made since to any or a’l of said
properties, estates, lailroads or railways, and their
appurtenances. And aho all and every other es¬
tate, interest, property cr thing which the said
railroad company, on the first day of July, one
thousand eight hundred and sixty-nine, owned or
held, or thereafter acquired and held, and now own
and hold necessary or convenient for the use, oc:u-

pation, opera ion and enjoyment of all or any of its
said railroads, :aihvays, leases and property lights,'
privileges and franchises, or any part or portiou
thereof.
And also all rights and privile.es to use
the said road-beds, tracks, sidings, turnouts and
switches constructed on the first day of July one
thousand eight hundred and sixty-nine, or there¬
after construe ed for the convenient use of said

railroads, railways and branches, or any of them
owned or operated by the said railroad company, as
ful y and effectually as the said railroad company is
or was by law entitled to have or acquire, including
any leasehold or other privileges or rights under
leases or contracts made by the New Jersey Mid¬
land Railway Company, the Montclair Railway

Company, the 8u sex

Railway Company,

the

Middletown & Crawford Railroad Company, the
Ridgefield Park Railroad Company, the Middletown Unionv lie & Water Gap Railroad Com
pany, or the Pie ident, Managers a d Company of
the Delaware & Hudson Canal Company. Also all
side tracks, depots, stations,

turn-tables and other
appurtenances. And also all the equipment, roll¬
ing-stock, engines and cars of the said railroad com¬
pany, defendan . Also all other property, real, per¬
sonal or mixed, of the said railroad company, de¬
fendant, appurtenant to or connected with any of
the aforesaid railroads, or which has been purchased
or acquired by the receivers in this cause.
Also all
the franchises of the said New York &

Oswego

Midland Railroad Company, including the fran¬

chise of being a corporation, which the said com¬
pany possessed on the first day of July, one thou¬
sand eight hundred and sixtv-nine, or which it
afterwards acquired, and which are necessary,
material or useful in connection with the owner¬
ship, use or operation of the afo esaid railroads.
Also all the rights of the said railroad company,
defendant, to the telegraph erected and used along
its aforesaid railroads. Excepting, however, all the
railroads of said railroad company known as the
Western Extension, extending from the town of
Cortland to Freeville, and from Freevilie, in the

county of Tompkins, westwardly and northwardly
to some point on the Niagara River, in the county
of Erie, and including in such exception anyiuteiest
in or right to the use of the track or railroad of the
Utica Ithaca & Elmira RR. Company between Cort¬

land and Freeviile. And excepting also three par¬
cels of land in the village of Middletown, in the
county of Orange and State of New York, con¬
veyed by the said railroad company to the defend¬

ant, David 0. Winfield, by deed dattd tie first day




of August, one thousand eight hundred and sev*
enty, and now held and possessed by him.
And

Banking Corporation,
Head Office, Hons Kong.

m

AGENT,
3. W POMEROY Jf„ 59 Wall St..

land situate, lying
and being in the town of
Minisink, county of Orange and State of New York,

as follows:—The firs- of which said lots is
described in a conveyance made and executed by
Maicus S. Hayne and wife to the New York &
Oswego Mid and Railroad Company, and recorded

described

Orange County Records for Deeds, in Liber No.
229, on page 273. &c. The second of which said
Rts is described in a deed of conveyance made and
executed by Lewis Tuthili and wife to the New
York & Oswego Midland Kailroad Company, and
recorded in Orange County Records for Deeds, in
Liber No. 218, on page 273, &c.
The third of
which said lots is described in a deed of convey¬
made and executed by Lawson Dunn and wife
to the New York & Oswego Midland Railroad

Company, and recorded in Orange County Records

for Deeds, in Lib.rr No. 239, on page 704, <&c.
The
fourth of which said lots is described in a deed of

conveyance xii: de and executed by Dennis Clark
and wife to the N w York & Osw’ego Midland Rail¬
road Company, and recordtd in Orange County
Records for Deeds, in LibefNo. 210. on page 20y,
&c. The fifth of which said lots is described in a
deed of conveyance made and executed by William
W. Tuthili and wife to the New Yoik & Oswego
Midland Railn ad Company,
and recorded in

Orange

County’

Records

AND

shanghai and Hankow,

Boston Agency,
J. MURRAY FORBES
30 Central Street

E. R. Mudge, Sawy er& Co
AGENTS

money or hid.
Of the whole purchase-money, not less than one
hundred thousand dollars will he required to be

purchase

FOR

Washington JIIIIm, Chicopee Mfg Co.,

Burlington Woolen Co.,

Ellertou New Mills,

Mills,

Atlantic Cotton

Saratoga

Victory Mfg Co.,

and

Drawers

Hosiery, $liiri» and

From Various Mille.

NEW YORK,
43 & 45 White Street.

BDSiON,
15 Chaunoet St.

PHILADELPHIA,

J. W. DAYTON. 230 Chestnut Street.

No.
of
252
on
deeds,
sixth of which said lots is described in a
deed of conveyance made and executed by Henry
White and wife to the New York & Osw'ego Midland
Railroad Company, and recorded in Ora- ge County
Records for Deeds, in Liber No. 237, on page 84,
&c. The seventh < f which said lots is described in
deed of conveyance mad© aud executed by
a

Orange County Rec rds for Deeds, in Liber No.
238, on pace 170, &c.
The said property will be sold in one parcel.
The sale will be made subject to judgments
obtained for right of way ar d cairns therefor, and
also subject to all sums due for taxes, and also
subject to any unpaid claims of any of the emplo ees of the receivers, and of all others for labor
or for supplies furnished for the operation of the
railroad from the time of the first publication of
the notice of sale of the said property, under the
said decree, up to the time of the delivery of the
dtedtothe purchaser, so that the said claims of
errpioyees and ethers for labor and supplies shall
not exceed the sum of fifty th< usand dollars, which
claims, judgment and taxes shall he assumed by
the purchaser in addition to the amount of the

Cnlna.

New York Agency,
S. W. POMEROY JR.,
59 Wall 8t.. N. Y

Sii

Dee Is, in Liber
page 584, &c.
The

cuted by Elias F. Morrow to the New York & Os¬
wego Midland Railroad Company, and recorded in

MERCHANTS

SHIP AGENTS.

Hong Kong, Canton, Amoy, Foochow

for

Bridget Donovan to the New York <fe Oswego Mid¬
land Railioad Company, and recorded in Orange
County Records for Deeds, in Liber No. 226, on
page 254, &c. The eighth of which said lots is de¬
scribed by a deed cf conveyance made and exe¬

N. Y.

Russell & Co.,
COlfl MISSION

in

ance

Cards.

Hong Kong & Shanghai

also excepting certain lands in the village of Mid¬
dletown heretofore conveyed by the said railroad
company to the defendant. Mathias Donohue, aud
now’ held and possessed by him.
And also except¬

ing all those several lots, nieces and parcels of

In pursuance 0f a decree
of the .Circuit Court of the

Commercial

Legal Notice.

Legal Notice.

WEGO

[Vol. XXVIL.

BrinckerholT, Turner
&

Co.,

Manufacturers and Dealers in

COTTON SAILDUCK
And all kinds of

COTTON CANVAS, FELTING DUCK, CAR COVER

IMG, BAGGING. RAVENS DUCK, SAIL TWINES
&C. “ ONTARIO ’ SEAMLESS BAGS,
•
AWNING STRIPES.’
Also, Agents

United

States

A full supply all

Bunting Company.

Widths and Colors always in stool.

No. 109

Duane

Street.

The Christian Advocate,
V

NEW

YORK.

LEADING NEWSPAPER OF THE METHODIST

EPISCOPAL CHURCH.

paid in cash at the time of sale, and at the time of Circulation over 00,000 Copies Weekly.
the delivery of the deed so much of the total pur¬
chase-money shall be paid in cash as shall be neces¬
sary to pay and discharge the certificates issued and
to be issued by the receivers of the said railroad.
BUSINESS HOUSES
heretofore appointed in this cause, with the interest
THE PUBLISHERS
accrued ana to accrue thereon, together with all
o her obligations, liabilities or indebtedness of the
Who are in the con¬
Of THE CHRISTIAN
said receivers; and there shall also be paid in cash
s j much of the said purchase-money as shall be
stant habit of using its
ADVOCATE present to
necessary to pay and discharge all unpaid taxes not
assumed by the purchaser upon the said mortgaged
its readers, in its week¬
Advertising Columns
premises, and all the costs, fees, allowances and
Indorse
It Highly
compensation provided for in said decree, as ly issues, a paper SEC¬
well as all the expenses of the said sale. For the re¬
as an Advertising Me¬
OND TO NO OTHER
mainder of the pui chase-money, the Master will
receive any of the receivers’ certificates, or any of
dium that it pays to
PUBLICATION of its
ihe past-due coupons and any of the bonds secured
patronize. Reason: Its
by the aforesaid mortgage set forth in the bill of kind in the world, in
complaint, each such certificate, coupon and bond
readers are of the bet¬
being received for such sum as the holder thereof point of actual merit.
would be entitled to receive under the the dLtribution ordered by said decree, and according to
the

priorities therein adjudged.
15, 1879.

Da ed March

KENNETH G. WHITE, Master.
Green,
Complainants’ Solicitors,
No. 120 Broadway,
New York City,

Alexander &

membership

ter class in every com¬

of the Church appreci¬

munity where it circu¬

ate this fact is evinced

lates ; in fact, just the

That

the

the

in

and

people that first-class
Business Houses desire
to reach.

PARTICULAR

AT¬

TENTION is given

that

LATION of the paper.
It

George A. Clark & Bro.,

IN¬

CIRCU¬

CREASING

Commercial Cards.

large

present

STEADILY

has

a

large local

around
New

and

in

circulation

cities of

the

York, Brooklyn,

Jersey City and Phila¬

no

Advertisement cal¬

culated to mislead the
readers of the paper

is

inserted.

delphia, and goes, also,
into

every

State

and

CORRESPONDENCE

Territory of the Union,
AND

MILWARD’S
400

HELIX

and Canada and

NEEDLES.

SOLICITED.

Europe.

BROADWAY, NEW YORK.
ESTIMATES

PROMPTLY

FURNISHED ON

APPLICATION.

J. Alden
Gaylord,
St.) New York,
33 Wall

PHILLIPS

&

HUNT,

DEALER IN

ST. LOUIS CITY & COUNTY BONDS

PUBLISHERS,'

AND ALL CLA >SE8 OF

INVESTMENT & MISCELL ANEOUS SECURITIES
Refers by permission to W. S. Nichols & Co., Bankers

No.

805

Broadway, New York.