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0Jtlllttttial|f
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE IHflTBD STATES.
SATURDAY. MARCH
VOL. ]a
CONTEf! T8.
The
THB CHRONICLK.
Tb« Bank Statemenla and the
Rnmored Movement in Gold..
The Increase of SalaricB Bill. ...
The Debt Statement and the Rnmored New iBsaea of Qreen-
Agents
backs
Bow
to Wind np the Market
SavinesBank
Cotton Supply and Consumption
in Europe
818
814
in
the
Redeeming
of National Banks....
SiS
811
Latest Monetary and Commercial
310
Commercial and Miscellaneons
815
News
817
318
THE BANKERS' GAZETTE.
Gold Market,
Foreign EichanRe, New York
City Banks. Boston Banks,
Philadelphia Banks, National
U.
9. Socurities,
Banks, etc.
Qnoiations of Stocks and Bonds
818
New York
322
821
Local Securities
Investments and State, City and
Corporation Finances
S2S
THB COMMKKCLAL TIMES.
Commercial Epitome
Cotton
328
BreaastoAs
839!
1
Groceries
880
831
snlDryGoods
the latest
news up
on Saturmidnight of Friday.
to
I
)
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"
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Half-Yearly "
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Advertisements. 9d. per line each insertion; if ordered for live or more
insertions, a liberal discount is allowed.
A Journal of general Railroad Intelligence, intended to supplement the brief railroad news contained in Th8
Chronicle, is published monthly on the ftfteenth of each month.
Subscription price per year (includinc a file cover tlie first year)
$4 80
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to subscribers of the Chronicle
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responeible for Remittances nnlesa
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^^ A neat file for hoidini; current numbers of
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postage on the same
made by
the Chronicle is sold at the
Volumes bound for subChboniclb are wanted
is 20 cents.
The ftrst and second volumes
of the
the publishers.
THE BANK STATEMExMS AND THE RUMORED MOVEMENT
IN
relaxation
generally
Comptroller publishes his
call for
occurs
soon
after
the quarterly reports.
present, however, the expected ease is
slow to make
its
not yet
but yesterday the stringency returned.
did last month.
It
would, indeed, be strange
during the past
of
fifteen
dollars
of capital
found investment in one kind of
fire at
the western
if
show some signs of replemonths it is estimated that
did not begin to
from the eait has
loans or
The
other in the
deitruction ofospital
Chicago eighteen months ago made, however,
such a void in the supply, and created such an
demand, that
some time
tor
markets can scarcely
less aiTected
monetary
to
come our
imperious
eastern
to find their condition
fail
money
more or
thereby, especially during the critical periods of
which well-known general causes bow
instability
and then produce.
The loan market has been more or
less of late
noxious influence of the gold clique,
manceuvring
for
a'
sudden
rise at
who
under the
are said to b«
an early day.
They are
reported to wield a large capital, and to have bought up 12
or 15 millions
of the gold floating in the street, by which
made and customs duties paid. Thmr object
is supposed to be to make cash-gold scarce, and when they
have got up sufficient pressure, to turn the screw and mark
deliveries are
up the
price.
They seem
to rely also on the small
of gold in the Treasury, which, as
GOLD.
Monetary
itself,
is
partial relaxation has
Another cause at work in the proddotion of rase is the
improved condition of the interior money markets which do
not seem to be draining so much currency from us as they
by tha
delivered by carrier
to all others (exdosive of postage).
For One Year
$10 00
For Six Months
8 00
1h» CHROinci.E wW. be tent to tubeeribers until ordered diecontinued by letter.
yoetagt itKcenttper year, nnd it mid bv (he nihscrtber at his nw" vetiifflce.
WILLIAM B. DANA,
WILLIAM B. DANA & CO., Pnblisbors,
79 and 81 William Street, NEW YORK.
JOHN a. FLOYD, JK.
Post OrFiCE Box 4,59-2.
Subscriptions and Advertisements will be taken In London at the office of
the Chronicle, No. 5 Anstin Frinrs. Old Broad street, at the following rates
Annual Subscription (inclndiug postage to Great Britain)
£3 it.
01" The Publishers cannot be
developed
several days past a
neighborhood of Chicago alone.
TXBKB OF BUBSCBIFTIOH-FATABLB IH ADVAHOB.
and mailed
For
the forced contraction they had to
This temporary pressure
their loans.
an end.
at
tion, for
Thi CojoiKRCtAL AND FiNAWciAL CHSomcLB,
to city subscribers,
realize in
over 70 millions
The Commercial and Financial Chronicle it itiuecl
day morning, with
stringency originating from other causes was
made worse on account of
money markets
€l)ronifie.
9i:i)c
effects
last issue, the
BngiishNewa
Mone'
loney -Market, Railway Slocks,
banks have made to achieve a good positioo
department is chiefly important in its
on the money market, where, as was stated in our
effort the
Month
for March.
The Debt Statement
Ctianges
NO. 402.
in their reports to the
Financial Review of the
of February
809
810
1873.
8.
A
we show
amount
elsewhere,
is
year ago the amount was nearly 78
the
only $41,915,801.
At
millions,
ap-
lions of gold during the year,
showing that the Treasury has lost aix>ut 36 mil
and is therefore less able than
making up their statements in re- for some years past to interfere by extra sales to stop a sudThey are made up to the den advance in the premium or to check a speculative move28th February, as was expected by the banks ; and these in- ment in the market to bring on such an advance. These
stilutions, having by some chance get possession of the idea persons are also calculating on an export of gold to meet
that they would be called about that date, were very busy the demand for Germany, which they expect to revive.
strengthening themselves for some days before, so that they Here, however, we shall not b« surprised to see them
pearance.
The banks
sponse to the
are
call just issued.
appear now pretty well
in line as
to
their
reserves.
This
disappointed.
In
the present demoralized
state
of the
market no heavy export of gold is likely.
given on another page. But that report shows the averages Still those of our foreign merchants who have been addicted
for the whole week, and as they were rising, the position of to the bad habit of going short of gold will do well to
As the
the banks on the 28th will probably nppear stronger than accept the warning and get into a safe position.
their average condition in the previous five days. The banks gold clique cannot hope much longer to Umper with the
show an increase of about \\ millions in the reserve which money market they may perhaps try what they can do in
can be inferred from
is
now
the
last
week's bank
statement, as
within $312,350 of the 25 per cent required by law.
foreign exchange
their chosen
do&ain
of the gold market.
:
THE CHRONICLK
310
his being anythmg else but a citizen of respectable
means
and moderate opulence during his subsequent life
these times, says Arthur Helps,
THE INCREASE OF SALARIES
Good government,
[March 8 1873.
in
"is a very costly article to buy, and
think he is riglit.
costs."
is
it
Bill.
well worth all
We cannot,
We
it
therefore, joiu
the too-prevalent cry against Ihe principle of the Salary
now a law.
Bill, which was passed on Monday, and is
We
down his ofHce, The
ment forbids us, and we fervently
simplicity of our govern-
after laying
us,
from exacting that
men
chair shall bo
will
ho])e
always forbid
canJidates for the Pres'.dential
all
of wealth
give them
before
What we
election.
the opportuuity
by a
liberal
ought to do is to
have not yet received a copy of the act but its main jiroduring
their term
competency
salary
acqnirj
moderate
to
a
It augments the salary of our
visions are well known.
of pffioe. If w* iire right io nui* vi^w of tlio importance of
loUows
chief public men, as
placing the President beyond the reach of pecuniary anxiety,
C
BAUIBIKS DNDEB THE OLD AND NEW LAW.
then every one will coiiceda that $,50,000 a year is by no
bid.
New.
;
President Of the iJnited States
Vice-President
Chief Jnstice of Supreme Court
Justices of Supreme Court
$50,000
$3S,000
10,000
8,000
10,600
8,600
10,000
8,000
«,«»
As
even more
^fi""
8,000
highest
10,000
MembersoftheCabinet
10,000
8,000
country.
•Senators
1,500
5,000
•Members and Delegates House of Representatives
Assistant Secretaries of Departments.
7,500
5,000
6,000
3,500
..rrr^rrrn->^i....
Two
are raised
objections
lien of mileage, newspapers,
and to be in
*.\pply to the present Congress,
and stationery.
against
As
expedience.
to the
advance
this
the ground of economy, the other on
on
—one
the ground of
argued that the pressure
first, it is
the
to
Speaker of House of Representative*
Circolt Judges
to ba allotted for the purpose.
means an extravagant sum
Judges
On
clear.
legal
bench we have need of the
experience to i>0 found in the
the
and
talent
Such
Supreme Conrt the case h
the
of
qualifioations are very
costly to acquire.
They bring their owner a great income in business. If we
wish to employ and retain the right men we must pay
larger, oerhips, than even
larger sain ries thun we have paid
those set down in th^ new bill. The honor of a seat in the
—
United States ofFeis, of
of our b?st lawyers
ambition
course, a temptation to the
that
the fittest men can
be
such
emoluments
but except the
Appellate Court in the
highest
country ought to be lightened instead of afford to relinquish their private practice we shall fail to
that our people are impatient of their present get them.
increased
burdens, and will not brook the heavy addition thus made
As to members of Congress we have also a word to say.
grant at once that the pressure of taxation The members of both houses h id their salaries raised during
to them.
of taxation
in this
;
We
economy
should be mitigated by judicious
administration, as well as in
the
civil
the expenditure for the
army
in
the
They now
They
$7,500, without mileuge or other allowances.
war from ^3,000
receive
to
|5,O00 with miloage.
But though economy is a gotd thing, pinching have certainly a great increase, but this is not the quesparsimony is by no means good. In our domestic and per- tion. Is it too much 1 Can an average Congressman live
sonal expenditure how often do we find that a liberal outlay, on less?
If not, then we ask is it wise to give any mah a
approaching even to profusion, may at times be the truest seat in the National Legislature when his lapse from virtue
economy 1 In our business disbursements few of us fail to at a critical nr.oment may let loose evils involving a loss of
recognize a dozen times a day the truth of the old Hebrew millions to the country ? Is it wise to put him in such power
proverb, " there is that giveth and yet increasetb, and there and then lempt him to abuse both by the goad of penury
and navy.
'
Indeed, one
that withholdelli but it tendeth to poverty."
fundamental part of Ihe admi'iistnitive wisdom which wins
success in life is to know when to expand and when to draw
is
in,
or
when
ship,
Now,
to give."
as a question of |iractical
appears to us that the case oflered to ns
it
precisely 'One for giving, and
is
for withholding.
Our government
say
costly
we
members of Congress cannot live on their old salasome additional sources of income. The
statesman- scandals of the Credit Mobilter investigation shew how
" when to witiiliold and
it,
salary discussion
more
'
the inspired sige has
lis
;
but we can well
more
are growing in wealth
this
in
not one
indf-ed
be a
little
the cost.
We
often
will
afford
swiftly than
We have inquired of disand the ?ting of absolute want?
that in the city jf Washand
assured
are
interested persons,
any nation
ington
ries
without
designing
men tempt
Congressional
by
closures are wisely followed
virtue.
Those
dis-
the Increase of Salaries bill.
THE DEBT STATEMENT AND THE RUMORED NEW ISSUES OF
GREENBACKS.
we boast is
real, if our m»terial riches and productive
power ar?
Once more we find the debt shows a slight decrease after
expanding as we pretend they are, then surely we should an intermission of two months in the usu»l course of
not grudge any needful outlay for the support of those of monthly liquidation to which during the past four years we
*bur citizens who serve the ccUnlry in Congress, on the have been accus'omed.
The decrease last month was
u^on
earth.
If this
of which
national growth
;
Judicial Chair, or in the various departments of executive
administration.
"
'
But
this
brif)g8 us
We
and unneces'^ary.
*^view with those
'hints'
by way
who
the other objection, namely, that
t'o
the advance of salaries
before us
in the bill
have not space
Hold
it,
to discuss fully this
but will
And
of sfugffestion
a few
bri. fly offer
the
in
is inc X|iedient
first
place
we
ask
15,277,880, making the total decrease for the four years
The balance of
ending March 1, 1873, $3(58,082,559.
currency in the Treasury
coin
balance
to
is
down
belongs to the Government.
This
held for
Secretary
in selling
justifies
is
tiie
some
coin the Treasury has
th-i
$4,600,902, and the
to
$65,930,781, of which only $41,915,801
six
lowest lialance of
years, and
scarcely
millions this month,
becoming in a great Republic to have its Presi- which he is reported to have been persuaded to do
'dent a poor mim, compell'.-d to dig' for a living at the close instance of the Syndicate.
whether
it is
of his four years of taithlu' service,
Executive, the responsible head of
peer thereby
Woild.
We
of
the
pri,.ces
do not wish
impf'rialincomip, t6'sbirotlid
dor of a court, or even
ask
is
that he
may
tio
family
serving as
it?
chief
government, and the
potentates
of the Old
our President a regal or
him with the corrupting
make him very
wealthy.
splen-
All
we
have such & salary as will enable him to
lay by enough during his
his
and
to give
.'ifter
its
tei'in
of office to place hifinself
beyond the reaob of want, and
A
more
noticeable feature of the debt statement
is
the
reduction of the greenback issues to the aggregate of three
hundred and
been the
fifty-six millions,
maximum
;
until
quence of the Boston
the
money market,
issued
during Mr.
fire
four
refuting
which
for
several years had
October last, when, in conseand of apprehended trouble to
in
and a half millions more were
B.^utwell'.*
and These new' greenbacks have
t9 preclude
at the
absence
all
froin
NVashington.
teen' withdrawn
;
thus
the predictions so rife of lat? that further issues
:
March 8 1J78
TTTT:
]
nre lo be hereafter made, on
some pretext or
Wl
f^TTKON'TCiLE.
the Treasury to usurp thii prerogative
other, to the
would h^ an utioonjtlpower which might r»nd«r the penon
It is not easy to see how any such inflation of the currency
guilty of it liable to impeachment.
We would not, thereis believed in.
For in the first place the 3 per cent certificates fore, advise any one to build upon the ho|.e of more gretnin the statement before us are reported at f 1,310,000, all of
back inflation. Mr. Boulwell has given the death blow to
which ore about to be withdrawn ; and, secondly, the only all such hopes by his contraction of the greenback
iMU<> to
auihority fir the issue of any greenbacks beyond the 350 350 millions.
If the Treasury had been likely tu Ueae
millions ouistandi'ig will expire when the last of these cer- more notes, it would not have called thew note* in
now,
tificates expire.
This authority is given by the 3J section unless, indeed, which we cannot believe, the policy of ib«
extent of
many
luiional stretch
millions.
of
of the act uf July II, IS&i, which provides thkt for the Treasury is to be subverted if Mr. Boutwell should leave
tt
payment of tem orary loans, and for that purpose only, a for the Senate of the United Statei. The subjoined Ubie
reserve of 50 millions of greenbacks shall be kept, on hand, compares the aggregate of greenbacks, cortlfioates and frac
in addition to the aggregate in circulation.
So long as tional notes for several month* past, go aa to show the rise
I
these
certificates
remains
outstanding this provision of the law
are
and gradual decline of the expansion.
AoasiuATia OF Tmi ctrBRXKcr nrt.
and authorizes the use of any part of this
reserve which may be need.'ul to prevent embarrassment to
the Treasury from the payment of these demand loans.
in force,
Under
this
3d section of the act
was made, and
issue of greenbacks
is
now
virtually obsolete
;
there
On
to issue them.
October
we
said,
the contrary,
all
such
.
.
1..
ception of the real state of ihe
law on
t,MS,000
aao,im,')64
^oM.«ao
»e,OIU.IM
4,«to,oao
no
iM,9Sfl.9m
t.TOO.OOO
Fc^rIUlry^
8S6,0IS,Stt
i,«w,ooo
March
356,000,000
1,310,000
„..
1
1
WW.
Frull«Ml.
40.4M,4fl
4a,w.«n
<s.m,io(
issuer are
forbidden implicitly by the whole of the legislation of Con-
must have been from some strange and
MW,ooa,(ioo
Jantiarjrl
HOW TO WIND
gress since 1862.
It
to UAtum
Cerillcales.
1873.
no chance of
j^ives
1*71
1.
1..
November
December
as that section of the law
is, p.s
Orceobackii.
September
1802 the October
of
of any further issue of greenbacks, because the law
power
187t.
total
UP THE MARKET SiVINGS BASI.
The depositors of the Market Savings Bank
miscon-
appointed to learn that
this subject that the
the second
will
be dia
dividend, just declared,
no more than 8 per cent, making -id per c«at
payment last summer. In June laat the
dicting that if some new law did not interpose an express Committee appointed by the depositors to examine the
prohibition, the Trewury would proceed, immediately on affairs of this defunct bank, reported that it owed #900,452,
These a^seta were
the adjournment of Congress, to issue 44 millions of retired its available assets being $447,277.
of
in cash deposited in bank; booda
up
$107,336
made
greenbacks. But why stop at 44 millions?
If the Treasury
can issue any amount of greenbacks needful to replace what and mortgages $173,156; together with $133,642 in Suie
have been withdrawn in past years, why not is-ue 06 mil- and other bonds, and over drafts $33,141. The details were
lions 1 For in this month, seven years ago, 422 millions were as follows
ASSETS or TBS MARKIT SATIHOi BAn.
outstanding, and previously the aggregate of greenbacks was Canh in Park Bank
tl07.aM M
I7S,1MSI
larger still?
.^
Why stop, then, at 44 millions? The answer Bonds and murtsaKes
amounts
Washington correspoi'dents of the morning papers have
been amusing themselves and exciting Wall street by pre-
is
$50,000
Supreme Court, stated in
Bank vs. The Supervisors,
that Chief Justice ChBse, in the
giving the decision in the case of
7 Wallaco, 29,
that
until
resumption
three
acts
of
Congress contemplated a circulation
400 millions of
authorizing greenbacks
dollars, and that the
authorize just so
to
with the previous
Alabama State bond*,
al
^
8<t
11,810 00
$8.^000 Sonth Carolina State lionda, at 35
$5,000 Tonkers bonds, at 97
0.110 00
4.8S0 00
$3,600
M,4ao 00
Washington Square, Richmond
Overdrarts, about two-thirds against
much
44,200 00
$i0.0a0 Georgia State bonds, at 8t
$59,000 Georgia St«t« bonds, »t es
M* «
Co.. bonds, at 97
Wn. Van Name
n,l41 00
no more as permanent.
$447,177 ae
But these gentlemen, if they had read the Chief Justice's
To these assets, which were reported g'-od. there was
decision a Hltle more carefully, would find that he treats added a second class of inferior value, comprising call
the power of Congress to issue more greenbacks as a war loans, $36l,13!>, of which $241,980 were set off as "bad,"
power, and as conferred only by the circumstance ihat we $78,478 as " doubtful," and $40,672 as " good." The
were at war when it was exercised. If then, the three laws general result of the report was that the Assignee, Mr. F
which authorized the greenback issues, namely, the laws of W. Worth, had about $450,000 to divide among claims for
»n(l
$960,000, which would give some 46 pe' cent. Mr. Worth
reports that his cash balance afler paying the June dividend
February, 1862, July, 1862, and March, 1803, had been
enacted at a time when the country wag at peace, they
would have been unoonstitutioual so far as the greenback
of 30 per cent, was $7,909 79
;
his receipts have since been
Equally does it $84,235 74, with current expenses $6,733 02. The nature
war no new law could be constitu- of these heavy expenses is not stated, but they reduce the
tionally passed authorizing greenback issues,, and ihat if available balance (o $84,412 51.
The 8 per cent dividend
Congress had positively authorized by special enactment now being paid will amount to $76,836 16, leaving a cash
This stim is
the issue of the 44 millions of which Mr. Richardson has balance in Mr. Worth's hands of $7,576 35.
said so much in his otherwise excellent book on the public reserved apparently to piy the costs of certain suits which
debt, still no authority would attach to any such enact
are being carried on against Mr. Van Name, the President
ment.
It would be unconstitutional and void, and t.he of the Bank, for the rewvery of $50,000; against H. R.
issues which they pretended to authorize.
follow
thai
since
the
Treasury would have no more power to issue greenbacks
afler such an enactment than before it.
If,
then, Congress itself has no authority to aulhoriz*
Treasury to emit notes,
still
less
Conklin, Cashier, $10,000
;
and against C. L. Goddard, the
Vice President, for $20,000. When thtso suits will be determined might seem very doubtful to persona who have
tlie
had experience of the law's delays.
can the Treasury claim
any such power, or attempt to put out new greenl<acks to
any aniount, except, as we have said, m exchange for, and in
redemption of, certificates payable on demand. Ttie issue
Mr. Worth
But
for
some reawm
entertains hopes of their early settlement, as he
announces the
final
dividend for September next.
that the depoaitors
In view of ihese facts we must admit
disappointment
*^of ^nency is one of the highest prerirtgntive^ ever clainivd
of this bank nave good cause to express
January, 1872,
of
by the Govtrpment of the United States, For any officer of and dissatisfaction. It was on the 16th
i
'
THE CHRONICLE.
312
[March
8, 1878.
bank suspended ; and the depositors, for all that our bank failures this has some of the worst features. If
appears, might have been paid 45 per cent of their claims the law cannot be made to inflict summary punishment
After fourteen weary we ought to know it before the Legislature adjourns at
within a few weeks of the failure.
months of delay, the helpless orphans aud poor widows, who Albany. And this punishment will be inadequate if it do
have been swindled by the concern, find that instead of 45 not include the refunding of the half million embezzled, or
per cent they are to have at present but 38 per cent, with as much thereof as the estates of parties will afford toward
This is the true way
slender hope of getting much more, and with two or three the payment of the deposits in full.
Market
Savings
Bank,
to quicken the
wind
the
to
up
doubtful lawsuits on their hands.
dilatory
broken
other
banks, and to
of
the
liquidation
this
were
all.
if
sad
case,
Truly the depositors are in a
that the
But there is still more. Thousands of dollars of their
recovered money have been spent in expenses, but so far as
appears no efforts have been made to get punishment
on the President, Vice President, and Directors of
the Bank. The absconded Secretary, Conklin, is said to be
inflicted
doing
all in his
power
the assignee
to aid
m
the task of
prevent such atrocious failures in future.
COTTON SUPPLY AND CONSUMPTION IN EUROPE.
We
have
our previous articles confined ourselves
in
mainly to the question
The
chief interest
disentangling the accounts of the bank, whose bookkeeping
us to forecast the
was of a piece with the rest of its management. If Conklin,
on condition of this service being faithfully discharged, and
this,
his testimony honestly given for the conviction of the other
bank, ha^ been allowed to escape criminal
officers of the
how
prosecution,
with
proceedings
the
is it
directors
the
Van Name,
with
We
?
have
with Goddard, and
been
urging
and
ance of this conspiracy to defraud.
going on, and concealed
They now
But was not he
their tool
unfaithful officer
1
moneys and hold
The published evidence
They knew what was
blame on Conklin,
Why
?
Why
plead ignor-
for fear of ruining the
it
lay the
not
It will
his fellow trustees to
shows that they were not ignorant.
priate
creoit of
the Cashier.
remove
did they not
that
did they allow him to misappro-
They were
his place?
the trustees,
responsible to the public, to the stockholders, and to the
Why
State.
which they held
in trust?
Why
insolvent?
on the notorious
breach of
Is it
money
facts.
trust.
account before now.
doors ?
been done.
not these suffering creditors of the bank forget
that they have a
remedy
own
in tl\eir
the machinery of the law in
They can
hands.
motion themselves.
own knowledge as
proper authorities and make
of them able to speak of his
may go
He will
to
It is the
duty of that
these
the
find
men
the District Attorney
officer to
ready
set
Any one
to the facts
him
is
all
complete and the evidence
indictment, the depositors will
to
take action.
is
not
Any
competent
person
to
go
who
are reputed to be rich.
to
the
he knows.
Till the case
sufficient
to secure an
have done their duty to
facts.
who
believe that the tendency of our articles has been to
depress prices.
It
hardly necessary for
is
always write regardless of the market.
us
We
to
say
we
have not and
that an artificial depression or inflation of prices
They
These defaulting
know how
it
of
sued
man
officers
are charged with swindling the
The public
is
in the
no one but a few speculators. What the planter
needs and what the consumer needs is stability, and this
can onh bo attained by the most searching discussion
which will enable them to distinguish the true from the
We hope to give expression to facts only ; and yet
false.
no one need fear that untruths will gain any considerable
inteiest of
currency whoever utters them for the cotton trade is full
of the sharpest wit of any trade existing ; quick to detect
:
and expose error. Let us then now turn to the question of
supply and consumption for 1873, referring our readers
to our previous articles for any explanation our figures may
need.
Snppl]
We
rope, in the
Bales. At. Wght.
with the stock in Earopa
1,538,450
ports and held by spinners Jan. 1, 1873
Deduct what may have been added to " stock )
95,460
in process" or for furnishing new machinery V
start
started during the last year
160
750,000
Brazil
Pounds.
577,882,000
34,582,000
)
Leaving visible stock and spinners' surplus
1,500,000
January 1,1873
Probable imports from
Lbs.
Bales A. wht.
8,450,000 438 1,073,100,000
United States
362
543,300,000
120,000,000
876,000,000
540,000,000
52,600,000
575,000 480
Egypt, Ac
1,500,000 360
East Indies
W. Ind. * others. 250,000 210
Total imports for year
Total supply for the year
5,526,000
378
2,061,600,000
7,026,000
871
2,604,900,000
370
2,080,000,000
ConRamptlon.
Great Britain
Continent
Wgt.
3,200,000
2,412,000
375
365
Lbs.
1,200,000,000
880,000,000
Total consumption for year
5,612,000
1,413,000
372
Dec. 31. 1873
1,500,000
362
Against, Dec. 31, 18T2
In the above the estimated consumption of 1873 is increased upon
that of 1872. by
And the estimated import is reduced, from Brazil 256,000 bales,
from the E. Indies, 196,000 bales, together equal to..».
Total
depositors of half a million of dollars.
another
We
are
desire to
78,311,000
111,520,000
States, Egypt, &c., is Increased
489,000 bales, equal to
213,822,000
In makine; estimates for the cotton trade,
sider
524,900,000
543,300,000
189,831,000
While the imports from the United
there are also the civil suits.
is
to help
Probable stock In ports and held by spinners
the public or to themselves.
all,
is
to have any influence with them
they become convinced that our statements
have received some complaint from those
his affidavit.
presecute such ofienders as
are notoriously held to be.
District Attorney and tell
But
however,
In assisting our readers to do
expect
not
far as
Bales.
has lost [money^by this bank
is
to almost
But we need not dwell
These men were guilty of a crimThey should have been brought to
The depositors have reason to be
its
dissatisfied that this has not
let
of the poor after the bank was
did the bank take deposits up
the very hour of closing
But
embezzle the moneys
compatible with innocence
did they let Conklin
to go on receiving the
iual
in the past,
The bank has robbed never had any interest in a pound of cotton, and desire
these men.
whose trustees they were. The loss of simply to present what we believe to be the truth, knowing
for the President
the bank.
future.
against
depositors
these poor people is half a million of dollars.
do
criminal
we do
except so
consumption during past years.
of
we have
best to take
it
we always conwe believe
the consumption at what
maximum upon
happens that Van Name, the most wealthy man
for no more than $50,000, and Goddard,
ning machinery, with due regard to the character of goods
of opulence, tor no more than $10,000, while
produced
the other directors implicated in the evidence have not been
will
be
mum
its
;
to count in
a full use of the available spin-
the supply only the probable mini-
quantity to be received from each country, with due
These unfaithful trustees must not be allowed allowance for the detaining effect of low prices should they
They have not only violated the sacred obliga- occur in the course of the movement.
The foregoing
tion which hallows every money trust, but they have used estimates are made on that basis.
Of the assumed supply
this very fiduciary power to shield themsel (res ; to conspire none we think will now doubt that Europe will get the
together to rob those who trusted them and to unsettle the 2,450,000 bales from the United States, seeing that on the
foundations of savings banks all over the country. Of all 3d of January, when there had only been 900,000 bales
sued at
all.
to escape.
March
exported,
THE CHRONICLE
1878.]
8,
was
there
of
afloat
still
American
Great sarplus)
for
Britain 204,000 bales, and for the Continent 199,000 bales,
which aJded to the exports of that weelc from the United
States (not included in the European figures), would
BtlUalloat
to he taken oat of
Beptember
Oat
tU> crop
in Europe are correct; and if the consumption shall not
exceed that of 1872, then the surplus held by spinncra aod
B«le«.
474,000
the stock in ports at the end of the year in
for the balance of the year to
187S, lay
1,
of next crop, ezporti
up to December t
(laet
year BM,000 balea)
.
. .
Total....
This
is
l,4«S,00n
600,000
8,480.000
may
than
le^s
be InoreaMd at the doM of tha two perio4».
be a larger supply from this country, and the
larger estimates of the supply of other sorU which obtain
will
there
If
make
(out of the 900,000 bales then exported):
And iMvlng
818
reasonably be ex pected, but
we
much
be
Europe would
larger.
1871 there was less cotton in the supply,
and probable, proportioned to the consumption than
there is now.
Then active business with large profita preIn the spring of
actual
now the greater part of the business io England ia
;
and everywhere the profits are materially
The import from India
reduced. Then middling upland fell to 7d. in Liverpool
in 1871, when the circumstances most nearly resembled
thooe of the present year, except as higher prices now carry- and 15 cents in Now York; now it is 9Jd. in Liverpool,
an influence to send forward more of the production, of and 20| cenU in New York. Then the price fell loo low,
which an unsually large po\tion was that year retained and Whs followed by a great reaction on the report of tha
now, in about seventy days, w<
because of low prices. That reserve came largely into the poor planting in 1871
vailed
prefer to Iceep our statement of supply an undere»tiraate.
37,000 bales less than
is talcen at
profitless,
;
have the report, good or
import of 1872 with the production of the season, thus
shall
making
" stand " obtained
the large aggregate of that import, which so swelled
The sum
the supply of 1872.
American,
taken below
ill,
of the planting, and the
1873.
in
of all the imports, other than
FINANCIAL REVIEW OF THE MONTH OF FEBRUART.
The general trade of the city during: the month of Febroaiy
The consumption is given at 78,000,000 lbs., or 208,000 was far from satisfactor}r, bosinen beings greatly interrupted by
bales larger than in 1872, equal to an increase of 4,000 bales the impediments to street travel making the transportation ot
is
estimates
the
prevailing
at
Liverpool.
goods difficult.) This evil was intensified by the difficulties of the
monetary situation, there having been great stringency throaghIt had been anticipated during the previous month that
out.
the continued tendency there, as well as in £n£;land, to the
when the disbarsements ot interest and dividends incident to tha
production of lighter fabrics
the effect of which, in re- first of January had been distributed the severity of the presanr*
ducing the quantity of cotton for a given number of spindles, would be greatly alleviated this, however, has unfortunately
is far more than is commonly supposed.
Rut that England not been the case. There have been several reasons to accoont
can exceed, or even equal her consumption of 1872, pre- for it, prominent among which was the fact that the return of
been on a diminished scale, and
supposes a material decline in the price of oottoo. In the currency from the interior has
even at the close of the month rates of domestic exchange were at
early part of that year her cotton use was larger than ever
a point not admitting shipments this way. Again the city banks
before attained. During the year many adversities came; daring the first half of the month expanded to their ntmoat in
her profits became loss, and the prospect of the cotton in- accommodations to their customers, and to sncb an extent thatwa
dustry in Lancashire for 1873 is gloomy indeed.
As be. find them at the close of the third week $1359.850 below tha
tween the prices of raw cotton and medium or low counts required reserve of 26 per cent. We may add here, however, that
at the close of the month this deficit had been brooght np to
of yarn, there is an adverse change of -^Sfil., and then the
within a few hundred thousand dollars of the lawful requirerise in wages, in ooah, in all mill supplies has within a
ments, the deficiency being mainly with the State banks, which
twelvemonth altered the condition for the worse by nearly are outside of the National law. The Treasury Sinking Fond
Id. per pound of cotton more.
Does not the alternaiive purchases were only |3,518.250, though the gold sales amounted
appear to be very clearly presented, of cheaper cotton or to six millions. This depletrd the street of fully $3,000,000 eoz
stopping splindlesi If cotton was dear from scarcity, th>- tency, the U. S. Treasury in the meantime bringing down the legal
tenders to $356,000^000 against $358,000,000 ouUtanding on the
latter would necessarily occur, as it did in 1869, when tha
per week.
The increase
assigned to the continent
even without much diminution
in price,
is
probable,
and notwithstanding
—
;
In addition to these caasea
31st of January.
artificial
Influ-
was not worse than it is now. If there is ences weie brought to bear upon the market to intensify the
a superabundance of cotton, it seems unnecessary that its closeness resulting from the natural causes above referred to. It
consumption ehall be diminished by high prices, and the is gratifying to note that with money worth a daily bonus of
estimate given assumes that it will not be', but rather will 1-64 to i o( one per ceut there was no semblance of panic in eithsT
commercial or financial circles.
be increased by lower prices.
In government bonds a firm market was the mie, and tha
The estimate to October 1, in Europe, oorrespondinjj to
change in price of 67s, which may be accepted as the standard ot
the end of our cotton year, is as follows
the market, has been onlv one-half per cent, the range bt-injf 116|
situation certainly
:
Supply.
Balea.
S.OOu 000
OCO.OCO
4*0,000
880,000
800,000
UnltedStates
Braiil
Egypt, &c
Kaatlndles
W.
Indlea and othera
Supply toOct.
Lbi.
Bale*.
Stock in hand Jannarv 1, 1878 (net)
Import to October 1, from
1,(00,000
Lbs.
876,000,000
104,000.000
801,600,000
806,000,000
48,000,000 4,180,000
1,889,600,000
8,680.000
8,078.900,000
4,184,000
1,583,700,000
1,486,000
889,800,000
1
Oonsnmptlon.
Jan. X to October
1,
39
weeka
Stock remaining October
1
This supposes the arrival of only about 80 per cent of the
import from India to October
1,
closing early in the
for the first six weeks of this year with the same
1871 show an earlier and larger movement than in that
year.
Th( consumption is rather below the average for the
in
the
early months against the existing adversities.
It is
obvious that so far as supply shall exceed, or con-
sumption
fall
below the estimate given, the stook (or
department was the opening and
this
of the books for subscription to
bankers.
nuoKa or ooTsiuiiuirr
asouamn
rssBCABT,
ra
1873.
—Coupon bonda-
shipments
in
in
month
the $300,000,(100 new five per cents In London and New York.
Full information in regard to the final result of the Syndicate
operations has not been vouchsafed as yet, though that its snccesa
was somewhat modified is perhaps evidenced in the fact that tha
Secretary of the Treasury so amended his original plan of calling
$100,000,000 bonds of 1862, as to call in only $50,000,000
Toward the close the stringency in money compelled some offer.
Ings of bonds, but these were quickly taken by the foreign
though the comparative
whole year, because that rate cannot be attained
The event
and 116^.
148,300.000
Ss '81 fnnd. Sa'81 Ss'Sl 8-308 8-80s 8-8via &-M« S-SOa &-80a 10-«0s 10-40a <•
coap. reg. coup. 1868. 1864. 186S. ISBSn. 18«7. 1868. reg. coop. ear.
Feb.
1.
8
8
..
...
118X
8
6
:.
7
U
....
118M
118K
IISX
iisx
118X
U4X
.... i«x
IMK -MX
.
116X 115X
114X
U6X
116H 11»X 115K
8.
4
8
9
10
.„
IKM
n6X
U7X
USX
....
mx
mx inx
.
lUX
....
11«X 116,H ...
....118V
116X116X118
114X
.... 116X il4X U6X
ii6>»
.
114X 116X 118X
ni>K
"5X UIX
8.
I16X
118X
....
U8X U8X115X lUX
....
U«X
118
mx
USX
114X 1»X
}'*^ JifH
"•"< ;;j?i
»1X ...USX
U4X ...
..
^BE CHRONICLE.
3l4
mx
n3«
13
IS
14
15
iisx 118X
115X
....
....
•...
114Jf
117
....
117%
....
115>i
115«
116X 116X
116X
11«X
114K
IHJf
114^
114X
111% 114%
&
....
\\f
1183< 115^
118% 115%
18
116'/,
....
....
....
19
W
117%
Jl
38
117
114%
114%
114% 116% 116M
....
iUH
....
....
116%
114% .... 1I6«
114% 116% 116%
Panama
114%
1H%
S3
116% 118% 114%
Hlgh-rt n3% 117% 118% 115%
Lowest 118% 116;^ 118% 114%
Closing 118% 116% 118% 116%
Open'g
!13!i
115%
116%
115%
llb%
114%
115%
114%
115%
for
Saturday..
..
1|
Sunday
2,
Monday
3
Tuesday
Wednesday
4
Thursday....
6'
Friday
7
8
Saturday..
5
..
Sunday
Dl
Monday
in
Tuesday ... Ill
Wednesday.. 121
Thursday
13|
Friday
Saturday
141
15|
161
Sunday
Monday
17
18
Tuesday
114%
114%
114%
114%
116% 116*^ lt«% 115%
116% 116% 112% 115%
116% 116% 111% 114%
116% 116% 111% 114%
115%
115%
114%
114%
AT LONDON IN FEBRUARY,
Cons U.S.!
S.
6-20, 6-20, 10-40
'65 o. 1867.
Date.
for
mon.
92% 93% 93% 92% Wednesday.. 19 92%
Thursday
20 92%
21 92%
92% 93" 94" 92% Friday
22 92%
92« 93
94% 92% Saturday
23
94
91% Sunday
92% 93
24 92%
92% 92% 93% 91% Monday
25' 92%
92% 9-2% 93% 91%| Tuesday
92% 92% 93% 91% Wednesday... 26 92%
Thursday
27 92%
28 92%
92% 92% 93% 91% Friday
92% 92% 93% 91%
92« 93% 91%
9-2ii
92%
92% 92% 93% 91% Opening
92%
92% 92% 93% 91% Highest
92
92
92% 93% x89% Lowest
Closing.
..
92%
92% 92?i 93%\ 83% High't. Since 92%
92% 92% 93%! 89% Lowest Jan. 1, 91%
I
I
.
I
1
(
t
6-20, 5-20, 10-40
'65 0. 1867.
said to be for the purpose of getting
AmericanCoal
Spring Mountain coal
Maryland Coal
New
Cuba
own
cable
its
Open. High. Low.
8%
113
do scrip... 97
116
do pref
Chicago, Burl. & Quincy 138%
do
& Northwest'n 82%
do pref. 88%
do
& Rock Island. 111%
do
Columb., Chic. &Ind. C. 37
&
Pittsburg guar.
do Col., Cin. & Ind..
Del., Lack. & Western
.
&
Dubuque
&
St.
9%
115
97
116
138%
84
92
92
29
6%
112X
97
116
114
80%
87%
1H%
109%
36%
60%
do preferred
Harlem
92%
38%
.
41%
89% 90%
93% 93%
93% 101%
Sioux City..
Bri2
Hannibal
do
:
—January.—
do
do
Cleve.
Paciflc
66-68
94
34
,30
75%
7.5%
71%
73%
47%
48%
70
54
60
21
70
62
60
43
70
B4
60
20
Cen. L.L Co
102
72
prof
27%
46%
72
72
2X
89
means
to purchase a
line.
The company
87
63%
23%
24%
23
42%
45
230
215
7%
73%
6
76%
23%
43%
2a5
5
46%
56%
85%
55%
2
100
57%
2
101
1%
1
22%
15%
30
30
30
16
30
46
46%
46%
43%
44%
53
50%
85%
57
57
55
56
85%
99
98
68
94%
99%
68%
78%
85%
83%
94%
89%
94%
78%
94%
100%
102
100
22%
210%
I
Sl%
48
75
M
.30
119%
89%
92%
63%
34%
73%
22%
210
89
66
71%
01%
44%
2%
2
119%
92%
92%
91%
H6
33
16%
27%
43%
210
I
91%
%%%%%%
1
25
32
Manhattan Gas
93% 93%
93%! 94%
92H
93%! 93%
93% 94%
92%
93%
90
80
69%
77%
77%
85%
88
118
210
118%
66
10
66
74
85%
85%
118%
124
181
The movement in gold, while not especially exciting at any
was gradually upward, and with occasional reactions
time,
eventuated in a rise from 112| to 115i. There were various local
causes, from time to time, entering into the consideration, though
it may be taken for granted that the rise was due
almost entirely to clique manipulation, based in the first place on
the modified success of the Syndicate and the amended call of thg
as a rule,
;
our importations, and
on the market.
secondly, on the extent of
thirdly, on the limited supply of available gold
The clique express confidence in thair ability to mark up the
high point. On the other hand, the condition of
price to a still
the foreign markets has not warranted the strong speculation,
money having
ruled easy all over the continent and especially in
London, where for the greater part of the month it has been i to
1^ per cent below the munimum Bank of England rate, which
was di per
cent.
OOUBSK or GOLD IN FEERUART,
1873.
Date.
Date.
m
Saturday.... 1113% 113% 113% 113% Saturday
Sunday
2
j
Monday
3 113% 113
113X lis'
4lll3
Tuesday
112% 11-3%|I13. .,
Wednesday .. 6,113% 11.3% 113%, 113%
Thursday .... 6 113% 113% ,113%lll3%l
Friday
71113% 113% 114 1113%
Saturday
8 114
113% 1H%|114
Sunday
9
..
I
.
Monday
10 114
highest, lowest and
89
89%
93
Sunday
Monday.
Tuesday
Wednesday... 26 114%|114% 115% 114%
;
Thursday
Feb.,
"
"
"
Thursday.... 13 114% 114
114%114%
Friday
14 114% 114
114% 114%
Saturday
15 114% 114% 114% 114%
"
Monday
114% 114%|114%
18 114% 114% 114%
Wednesday... 19 114% 114%ill4%
Thursday ....20 11^% 114%lll4Ji
Friday.... ..2llll4% 114%|ll4«
1
,
114%
28 114%jll4%!ll4%|114%
I
113% 114% [114
16
17
:
....27 114,'^!ll4%:]
ill4%
Friday
11 114% 113%im%;i;4%|
Tuesday
Wednesday. ..12'll4% 114 i;l4% 114%
Sunday
...
I(HoIi,day.) ..
22
23
24 114% '114% 114% 114%
25' !i4%;n4%|r
;114% lllJi
"
"
1873
1872
1871
1870
1869
1868
1867
1866
1865
1864
1863
1862
114%
"
114%
"
114%
114%
114% S'ce Jan.
1,
113%|112%
109% 109«
111% 110%
121%|ll5%
136% 130J4
140% 1.39%
1
1
115% ,114%
111
1110%
112%110%
121%115%
136%ll31%
144
|14I%
140% 139%
140% 135% 140% 136
204% 196% 216% 202%
157% 157% 161 1159%
1.35% 1.35%
1
1
1
157%]52% 172%|172
103% 102% 104% 102%
18731 112%!l!l% 115%lll4%
effect of checking the demand
The high rate for
from the importers for foreign exchange, and this in connection
with tight money gave the market for sterling a weak and unsettled tone. During the month the standard drawers of exchange
reduced the rates of their prime sixty days' bills from lOOJ to
108f and of sight from llOf to 109i. Large operators in stocks
in order to tide over the period of active money, borrowed some
lieavy amounts of sterling and sold the same on the market at a
It should be
concession, thereby occasioning the reduction.
understood, however, that cotton bills have come in freely, thus
Increasing the supply offering. The closing rates were nominal,
as bills could be had materially lower.
gold had the
,
77
48%
do pref.
70
126%
24
96
STERLING EXOHANGB FOR FEBRUAET,
60 days.
Feb.
"
Marietta
& Cin. ,1st pref.
Michigan Central
Milwaukee & St. Paul
do pref.
do
Missouri, Kan. & Texas.
Morris & Essex
"
Mich. South
1..
2.
3.
4.
5.
109%@109%
,
I09%@109%
109%@109%
109%@109%
109%@109%
109%@109%
109%®109%
,
,
6
Central,
N. Y. Cen. &H.R
do N, Haven & Hart.
,
9,
10
no%@iio%
11(!%@110%
iio%@iio%
110!i@110%
110%@110%
110%@110%
'
109%@109%
I09%@109%
109%@109%
109%@109%
109%@109%
109%®109%
1873.
Feb. 16..
" 17..
.S..
"
"
18..
19..
". 20..
" 21..
"
22
,
109
109
109
110
110
110
108%@109
109%®109%
108%®!!!-
.(Holiday.).
.
.S.
108%@109
108%@109
108%@108%
108%®108%
10e%©108%
109V@109%
109%@109%
109%@109%
109%@109%
109%®109%
Range., io8%®109%
109%®110%
,
110%@110%
,
iio%(aiio%
110%®
®
@
@
10.I%@1C9%
@109%
©109%
©109%
110ii@110%
110%@110%
110%@110%
3 days.
60 days.
.S..
,
II.,
12.
13.,
14.,
15..
3 days.
.8.
.
Southern
72
93% 93%
93% 93% 8!)%
93% 93% 89%
9.3% 93% 89%
93%
"
New Jersey
New Jersey
8
73%
100%
81%
92%
87
7%
5
69%
100%
63
74%
49
IDS
90
80
92%
67%
36%
74%
49
75
60
24%
44%
13%
75%
1
2%
Mng Co 16%
126
91
46
60
43%
102%
13%
73%
Quicksilver
pref
do
West. Union Telegraph.
"
"
<fc
24%
47%
48%
49
95
9i)
67%
36%
73%
70
62
44%
74%
80
215
MaU
Mariposa ...
do
pref
do Land &
do
do
Long Island
Lake Sho.
J.
94
70
47%
Canton
114%
Joseph.
Illinois Central
Kansas Pacilic
N.
97%
39%
68v'
75}J
85
115
Western Union Tele-
show the opening,
92
29
93>i
878.
stock,
January and February
& Susquehanna
& Pacific pref..
Boston, Hartford & Erie
Chicago & Alton
125%
no
80
92
38
82
86
closing prices of railway and miscellaneous stocks during the
Railroad Stocks-
9.3%
95
67
Tupsday
Atlantic
92
93%
92%
70%
prices.
Albany
128%
79
SS
unfavorable monetary outlook, provoked in the rest of the list,
tor the time being, quite a feeling of panic, under which prices
as a rule touched the lowest pcftnt of the month, and the general
sentiment at the close was rather on the side of a lower basis of
of
13)
68%
Stockwell, the president and principal operator.
Panama, its
tender, declined during the excitement to 95, but rallied to 110The suddenness of this flurry coming concurrently with the
table will
69%
UuitedStates
Wells, Far JO & Co
Del. & Hud. Canal
of the injurious reports concerning the financial ability of Mr.
The following
75
58%
American
render speculation on either side of the account very uncertain.
At the close of the month, however, the price, after fluctuating
between 76 1 and 67^, suddenly broke and declined to 55^, though
reacting on Friday, the 28tb, to 62| at the close, upon the denial
months
..
Central Coal
Pennsylvania Coal
Atlantic Mail
which it claims the right
to sell whenever the interests of the company demand it.
Pacific
Miil was a feature of the market and held such a position as to
retained 90,0C0 shares of
49%
75
95
graph, and the advance in that specialty of about 10 per cent,
prices were well maintained. Thi.i company sold a portion of its
own reserve stock, breaking the price to some extent. This sale
controlling interest in the
48%
75
69
54
125
Adams
I
despite the great activity in money, and under the
nartial cornering of the bear speculators in
was
N. Pref.
Consolidated Coal
Cumberland Coal & Iron
Treasury
list,
48%
73
92% 93% 80%
.S3
92% 93
92% 93% B9%
92% 93%
Railroad stocks were active on speculative operations. The
opening week of the month recorded a steady feeling in the
general
45%
75
Miscellaneous-
114% 116% ............ 114%
116% .... 111% 114% 111«
114%
111% 116%
114% 116% 116% ....114% 114%
114% 116%
8EOT7RITIES
8.
&
Paciflc
Tol.,Wab.& Western,.
Cons U.
mon.
L.,K. City
Union
New Jersey
OLOSINa PRICES OF CONSOLS AND V.
Date.
St.
49%
60%
51
12S
do special
Rome & Watertown
St. Louis & Iron Monn..
.S.,
113% 116% ....116%
...:il8% ...
113% ....118% .... 115% 116
116
113% 116%
116%
116% 118%
84
25
36
27
& Chi.guar
W.
do
115
(Holiday.)
,
48%
74%
0^.10
Mississippi
do
do
pref.
Paciflc of Missouri
Pitts., F.
16.
17
tMarcli 8
"
26.
87.
28....
....
iio%(a....
—
iSfarch 8,
.
..
.:
:
;
:
THE CHEONICLE
1878.]
8l6
THE DEBT STATEMENT FOR MARCH, im.
The
following
is
tho
as appears from the books
"f business on tho
and Treasurer's relurn<
day of February. 1873:
last
Hew
stalement of the public
oflicial
deU
at the clone
The following
87th
Character ot iMuo.
JiotlSSS
{•01168I
•l,
Oregon War
Wui-n
tlsr
2, 'iil....ll«tl
1881, July 17 and '>U|{. S. 'lil ...l»»l
5-W», oflDW
Feb. 85, '6J.... 1881
•»0f 18S1
Mar. 8. 'M ...1881
fl?
,\H
irn
fl
•a,
Mar.
5a, :(M08..,
ea.S-SOs.of 1884
-
I
«l ...IKOi
'61. ...1984
8,
Mar.8,
'ii3,XI4
<all'<4,l'U
7'4>«
la)l),l3ll
81.1,:i;ii'(/)l.VM.j
l.MS.eoO
6;-
.11»,'«U
11
1.6
i
»,iM
3
»
-
J.ooo-ni
,
.\ulhurixc(l lucuu,..
f.OliT— The Wimisboru' .National Bank. Huath
tOO.OUU ; paid In caplul, ftl6,00a
W
Baonal B. Clovix, UaaUar.
March t. ItlS.
l>l
l.-^.,
S-iOa,
ii.iVt.'VV
3.1. -14,5^0
:ii,7oi,iiso
<a,,VaOB,
aa.SWB,
148,147 {b,\.M::£a
909/186 <6j8.ll8.Mi<
I'i.fAJKO
in.'.xjjai)
1I0,WI,35U WI,8'(7.4S0
H,II7.IiU0
24,:Sll.«(W
ri<.f'S5 4M)
7l,S14,.V«
99.(KStl,3ItU
I.
!,U7.SI.1 (11,8,138,618
HMW
(a)&ia,a«6
618.469
jf<;898,aa3
.,-.-.
.
Ag)treKatoof debt bearlnir Interest
Cattal flloiutarn anl» <Soinmtrtial
BXCHANflE AT LONDON—
FEBIIUAKY 21.
In
lawtul
moner
$13,988,000
Matured
1, '37.
.
$64,174
1,101
1.660
I.80U
85
ILXOO
10,000
963, KIO
82.579
6.000
102.915
2,inu
.. „
Jalyn,
.o.,-*""!''.'^'^''"'.*^"'1861, and I-eb. ri, Ise;
Feb. -a and July
Jun«
has ceaaed since mat'v
11. '62.
and March 8.
'63.
.
2,linr)
3.)V)
19,450
1.4-1
378
4.36-1
.'5
61.U0
4..117
613,519
io,i,r.;7
396.a'X»
S«.9.'5
S.00O
78,560
S1.S
7,318
7.>0,000
2,192
$3 0/J,2i0
$331 .VJS
Intereat.
Character or iBsne.
neniaud notes
I). S. leiial-tender notca
8. 18 2
certificates
".„186.'
Fractional
3, 1863, and June 30, 1861
Fractional
3, 1863(111 $20. 50,100,500, 1.00J5,000).Certlls. for
Ju'y
206
57
106
91,1
—
Int.
6V5
950
.
Debt BearluK no
rl
«s
ii4jno
'
debt on which
Interest
$37,665
at
.
AjTff. Ot
$110,618
•rlnrlpal
Mntur'd at varrartateaprlor to Jan.
Mex. indoni
March
March
of
Amt.
depodl
Currency
outstan-l.
tit 3n
356(>0ucon
27.770 (Ul
j, m»V,..
-".WS.'Oo
currency..
(
gold deposited..... 2l.(ril,930
(
Agi^regalo 01 debt bearing no Interest
$153,171,8^
Bocaplt ulatloii
Amount
,^ BUBINS IHTBBBST IK COM— Bonds at 6
DSBT
p.
Bonds
at 5 p.
T-.«.__.
Ouutandlng. 'nwreet.
Cent
cent
$lr139.24 .:&
414,S67.JUJ
Total debt bearing interest In coin
DBBT BKARINn iNTBRKsr
IN
1.
..tl,753.813.(.'(M
AWFUL MoKBY
Certificates at 4 per cct
Navy pension fund, at 3 per cent
Certificates at 3 per cent
$2»,ue,C2$
$is.9!i8.00l'
110/18
8,09J,240
331 .503
06
2l.024.98J
4').292,
Total debt hearing no Interest
$4'>3,17l,383
Unclaimed Interest
16.601
.•.---.;
$2.226065,629 $21l,«;6,735
debt, principal and interest, to date. Including Interest due nut
presented for payiueut
$2,235,682,384
..T?**'
m tub Trkabubt—
Coin
v;urrency
Special deposit held for redemption of certificates of deposit as
$«.«»0.7S1
1,6001^2
proTtded bylaw
27,*.70,OCO
Total
Debt, leas amount In the Treasury, March 1, 18T3
Debt, less amount In the Treasury, Feb. 1. 1874
Decrease of debt during the past month
Decrease of debt since March 1, 1872
Decrease of deht since .Mari-h I.WiM. 10 March
Bonda laaued
Amount
accrued
outstanding, and not
yet paid.
Central Pacific
late U.P.K.D.
[Tnlon Pacific
,.
$99,901,684
2.157 JM>.7(0
2.162,658,511
$3,-377,8)
i
$68,432,710
1. 18'.3
$.'i68.n?'2,r,59
Uallroad Companlea, Intereat
Payable In Luivlul money.
Interest
Kan. Pac.,
.
to tho Parlllc
Charaetar oi
of issue.
Tuna
cnaracter
Co
$23,?»5,12a
6,303,000
27.231.512
Can. Br'h Un. Pacific.
Weatern Pacific
Sioux City and Pacific...
Paris
Paris
OwaM. lu
II.
abort.
M.48
(
Ui.K)
I
1,600,000
1,970,^60
1,628,3.>0
$25J.85l
63,0SO
27<,3a5
16.000
19,705
16,233
Interest Balance of
repaid by
Int. paid
trausp'tlon by Oiilted
States, of malls, Ac. Statea.
$7,UI,9.'9
$714897
$6,430,031
Interest
paid
by-
United
2,158.448
7.798,847
511,808
426,796
438,453
l.0dl,S«U
2.33I.4\5
18,651
9,*i4
3,124
I.076,5£i
8.411.S62
523,156
417,B1
435,331
;
THE RGDEGMI.NO AGENTS OF NATIONAL RANIS
The
followine are the changes In the Redeeming Agents of
approved
National Banks
since
the 27th ult.
These
weekly changes are luruished by, and published in accordance
with an arrangement made with the Comptroller of the Currency
LOCATIOH.
Vermont Woodstock.
iiAiiB
or bank.
Vienna
II
BBDBBllIMa AOBKT.
plaeii of ilic >satlonal
of the Redempliiin, Boston.
»ppruvi.-<l in
Bank
t
tib,<i
UAlHi
HI tSK
S.UM
Berlin
Frankfort ....
St. Petatsborg
IM
io
«n
»9.«aj<
lax
il)i<l»
Oadlx....
Llabon.
Milan...
Wdayt.
.
Ociibn....
)-
,
NtDlea...
New York
3
month*. K.iir)i9».nH
Fab.
•hen
II.
j
•Odaya.
...
RIode Janelfto
Babla
Buenos Ayrcs
Vulpumiso
Pernambuco
.
,.
Singapore.
Iloni; Kong...
Shangtial
80 days.
4*.
M.
u.
ta.
rcb. I.
Jan. 17.
Jan. It.
Jan. U.
Jan. W.
Wdaya
r*b.'T
(aoi.
Fob. 90
(moa.
mi:
b.'tli
Oeylon
Bombay
60 days.
Madras
Calcalta...
U. 105(1». lox-
u.iox-
.
Sydney
ovn eormpuodaou
HP-c-<H»-Xvn.
dajra.
.0
.
LFroin our
u. lY 'Am.
Dioa.
I p. c. dis.
Atoxandrla....
I
|
LOKDON. Satnrdar. Febraary 99. 1978.
An easier tone has pervaded the money market darlog tho
week, and in the open market the beat bills have. In aome instances, been taken at rates somewhat below those carrent at the
Bank of England. The bank return which baa been publiahed
shows that the proportion of reserve to liabilitica, which in the
precedinp; return was about 4.51 per cent, ia now nearly 47 per
demand
money
The
slackneaa
due partly to tlie fact, however, that,
in the previous week, borrowers had more than amply provided
themselves, under an apprehension that the bank rate would bo
raised.
Their necessities, this week, have therefore l>een dimfor
is
ini.shed to a consiJerable extent.
A feat«>fe in '.be return ia that
there has been a return of about £350,000 in coin from the provinces. For a long period it will be remembered that much aatoaisbment was expressed at the very large absorption of coin lo ths
provincial,
and especially
manafaeturing
in tho
dia'.riets.
Then,
summer and autumn
trade was very attire,
and the working classes were fullyand rHmuneralively empUyed.
tliat is to
say, in the
Times, however, have changed since then. The price of coal has
advanced to an extent which causes the greatest anxiety amongst
manufacturers, and in every direction a desire is shown to eartall
production. This curtailment naturally reduces tbo wages of tko
artizan cla8!<, so that if the return of coin from the provinces
should continue, and on an increasing scale, there need bo no aar'
prise. This is, no doubt.in favorof an easf money market, and unless there should be any special demand arising out of cireuastaoces
purely financial, there is every reason to believe in lower rather
The quotations
than higher rates ot discount.
for
money
an now
as follows
Bank
w
Per cast.
|
4 months' bank bills
t monllu' bank bills
4 and ( moatha' tr.tde blUa.
3X
rate
Open-market rates
80 and 60 diys' bills
S mouths'•Uls
bills
3\O^V
3.*<t»3X
iM
The rates of Intereat allowed by the joint stock banks and
count houses for depotits are as follows
dis-
Per cant.
Joint stock banks
Discount houses at
tw
C4tll
Dlscouu I huu ses with 7 days' notice
Discount houses with 14 daya' notice .. .
_
The following are the quotations for money
n 'utal
t
at tho l ea dt ag CVmv*
cities
Bank Open
rate, aiarket.
The Woodstock Na- Thd National Revere Bank of Boston
tional Bank.
It.W
i».M
Percent.
Total Issued
»6W.235 $nj(».'2<0
$4,183,331
$14.323527
$64,623JS12
Pacific Kall'oad bonds are all Issued under tiio acts ol July 1, 1382. and Jmy
they are registered bands, Iti deuouilnatlons of $1.>«0, $5,0i;« & $10,00«
pear six oer c >nt lnier.>st In currency) payable January 1 and July 1, and mature
$0 years from their dat •.
The
2, 1864:
CILiNGBS IN
r«b.tl.
Allw
3 montliB.
in tlie
$31'1.0^4,302
27.770, OrXJ
Certificates of deposit
yractional currency
Amount
abort.
. .
HATS.
cjnt, so that an increase of fitrength is apparent.
$P7i*,(loo
l,310,(KiO
Certificates of gold deposlte:!
,
.ORMlil
tanar
14.000.000
Total debt bearing Interest In lawftil money
Dbbt on whiuu Ikt. has ceaard sinob Matijbitt
DBBT BEARING NO IXI-KRKS'I —
Demand and legal tender notes
_
.
Total
Ntms.
SXOBANOS OK LOMOON.
KATB.
Uamburg
various dates la "31 and '52...
t'a.Bonda
NUiturerl Dec. 31, 1887
ta. Bounty L acp ...Matured July 1. 1W9
5'>, Texas indum.... Matured Dee. 31, 1S6I
5a. Bonds
Matured Jan. 1.1N71
Sa.5.S0a. (called). ...Matured Dee. l.'U. and Meh.7& 30, '73..
>-10SeaTr. notes.... Matured at various dates from '38-'44....
i-lOaea Tr. notes.. .Matured at various dates In "47 and '48.
(a. Tr'y notes
Matured « t various dates in 18 and '49.
a®6'a, Tr'y n's
Matured at various dates In '58 and '59...
t'e, Tr'y notes
Matured March I, istiy
7 S-lU'a. S years
Matured Aua. I!) und Oct. 1, 1861
5a. one year
Matured at various dates In isw
5'l.2year8
Matured at varluu« dates In 18i>«
I's. Com. Int. n's..., Matured June 10, 'c;, and .May 15, '68..
7 s-10'», 3 yoare
Matured Auit. 15, 1867, and June 13 and
July 15,18«
6't, Certlf. of ind
Matured at various dates In 18ii6
4, 5&6's, Teni.l
Matured Oct. 15, 1866
8a, Certlfs. (ealled).Mat'ired monthly Irom Dec. 31, 1S70, to'
April 1,18 72
5a.
sii!
ir
i
(Eiiglisl)
U.l'riM.
Antwerp...... a mon-.b*. $S.S7m;
ou Urblch Intereat Ba* Geaaed Since lOatn rlty.
4to6a,Brind8
-
.
of Indobtedneu.. Act Julys,
JDebt
.^>t..u.ci.i«
RArKVOV ItVOHAMWlC AT LONWUnI AN0 OM
At- (..ITKN-r
Asisterdam
4a, Certll'a
AHthuiixvU tu
-J
..
AKitrogateofdisbtbearlnif Inter'tlncoln. 73J,170.1(XM,uie,648.1l(« 4.»78,680 iW,i7»34a
(a) Intereat nnvable Jan.& July. (6) Muv ds Nov. (c< M ircli 4t .>ept., exci'Dl
eoaponB9S0& llOO paid annually In ^'HrRti. (<1> Kob., May.
auk. A .Sov. (e> Hea.
,. 4U«.
»3,(«l; coupoil i\.m.
--(/) «ni{. 1,000, »5,aio.'«;o.oe
1.000; coap'in $1,000.
(g) .
.
"0,000; coupous, $50, $100, $3u0 4k
^ KOO. ilt) U<K. $30, $100, $300, $1,UOO, $3,000 jk $li
.
;,)£•:
-• (/
.
Cudln. LV.»hl,r.
'
or 1884
Jllile3()/6I....1B.-<4A
18«
Mar. 3, 'M....I8W
1883, Bew....Mar. a. 'II3....:889
••,5-2.l», 1867
Mar, 8, '61.. ..18-17
6»,VJ0b,18«.S
Mar. S, '63,.,.1Sj8
S»,FuudedLoan,1831.Julyl4, "TO... .1881
(ia,
81:l.:lllO
National Bank of na<-.h«aier, Mian. Aslbartaad Oaltst
Laid In .-aiill.il. av, l«»l. J V rix,!..!.
l"->l.i. >•
K, jT,
1,'nlon
I'il.lOfl;
(0)!H.-i,ll«JO
••of
•ka.
Init., viz.:
a.OHH— The
Intereat Acrii'd
OviTdii •. iMrnrat.
»l».4i» rn)lli«,«M
Iijk .0 .
J'.iy'blii UrKl-tcred (.'oiipon.
)iiiicli.'»s....ij;i (<.)»li,oi3.()a> n:t,ift5.n)()
Kcl). S,'61....1l««l (/JIJ.TM.OOO
l.Ml.OUU
NattoMil
of Natlonm) B«iikf orffuiis«l •ioM U>«
liit
OfHrloI No.
Debt bearlnic Intoreat In Coin.)
A'JUiorU'
a
li
Paris
per cent, per cent,
»
IK
.rr
AniatetdaM.
....
-4
»X
OpCB.
rata, aarkel
par cast, par rent
*
Lisbon and Oporto. ...
T
SuPatanlMii
th
t)t
:
THE CHRONICLE
316
HamburK
--..
8-4
•-
8-3K
*
Berlin
Brnssels
Tnriii, Florence
and
4X
<3<
6
SSX
Trieste....
4
8
6X
Bremen
B
*
Madrid, Cadiz and Barcelona
Leipslg
4H
^X-*
*-4X
6
6
Antwerp
*>t
*-4>i
Frankfort
Viennaand
One
53s. per ton in
428. per ton.
high.
Rome
week
London
of the features of the
which was
still
,;
;
,
that the price of house coal,
Is
last
week, has Veen reduced to
The reduction is considerable, but the quotation is
The effect has been to give a firmer tone to the rail-
way market, though the
fact
seems to have been
lost sight of that
steam coal is not clieaper. The railway reports issued this week
complain greatly of the increased working expenses, arising out
of the augmented charges for coal and wages, and there seems to be
every probability that before long it will be found necessary to
raise the fares both for goods and passengers. It would no doubt be
unwise policy to determine upon any great advance, but it is
thought that a small extra charge would meet the difficulty,
against which dir. ctors have to contend, without diminishing the
By that means the proportion of net and gross profits
traffic.
would be increased. So great has been the additional cost of coal
that many large mnnufacSuring firms spent £9,000 and £10,000
more last year than in the previous year, to acquire the same
amount of steam power; and it was remarked to me the other day
by the proprietor of a restaurant of no great dimensions that coal
This
cost him £4 to £5 per week more than in ordinary times.
largely increased outlay affects all classes of the community, and
had it not been for the mildness of the winter the suffering must
have been prolonged an'l severe. Fortunately we had no winter
weather until the commencement of this month, and I think that
seven degrees of frost (Fahrenheit) has been the highest registered
in London. The slowness with which the public sales of wool
are progressing is due in a great measure to the curtailed operations of the Yorkshire mill owners, who have so much diminished their productions as to necessitate
much
smaller purchases
raw material the'result being that wool, especially long
which was expected to maintain its value, has receded in
from Id. to 3d. per pound. Other branches of business are
of the
;
four previous years
:
1870.
1889.
bank post
S3,S5S,346
bills
Public deposits
Other deposits
Government
5030,K93
17,469 1.54
securities. 14,076.537
Other securiUes
16,308,037
Reserve of notes and
com
£
£
£
8.1,782,251
25.178.074
8.677,621
19,741.481
915,011
20,261,148
24,878.827
10.419.1B3
19.468,896
18,995,441
19,910,612
13,778,748
14,318,852
U
12,606,511
10,476,935
and bullion in
both departments.... 18,271,215
1873.
1872.
1871.
£
82.738,974
9.271,118
17.896,639
14 831,314
18,803,247
£
Including
Clrcnlation,
18.fi74,49»
0»
13,948
13.3J0.874
22,208,784
15,460,498
Coin
Bank rate
19.889,996
3 p. c.
8 p. c.
a5.a78.5»$
28,795,417
8 p. c.
P- c.
21.861.793
2X
3X
p. c.
92}4d.
92Xd
91J<d.
92Xd.
93Ka.
S8s. 8d.
66s. 7d.
40s. 8d.
538. lid.
Price of wheat
60s. Sd.
llXd.
9Kd.
116-183.
lljjd
7 ll-16d.
Mid. tJpland cotton ..
No. 40 mule yarn fair Sd
..
,
Is. Jd,
Is. 4d.
Is. 0%d.
Is -IKd.
is. Sd.
quality
Clearing House return. 68,230,000 80,718,000 71,407,000 134,812,000 143,802,000
Consols
Bills
on Continental
cities
have been
in
demand, and the quota-
favorable to this country. In the bullion market
there has been no important feature. In the gold market, though
there are still buyers for Germany, there is no especial move
ment, but silver is rather cheaper. Mexican dollars continue very
tions are less
The following
scarce.
prices of bullion are
Messrs, Pixley, Abell, Langley
&
Blake
from tbe circular
of
:
eoLD.
per oz. sundard, last price.
do.
per oz standard,
do.
per oz. standard,
peroz.
peroz.
sn.viB.
BarGold
Bar Gold, fine
Bar Gold, Refinable
South American Doubloons
United Sutes Gold Coin
d.
•.
d.
s.
9X@
9X@
77
77
77
73
76
ll>i®
s.
—
9
® 74
4
ta 76
d.
s.
4J<^
d.
peroz. standard, nearest... 4 11J<®
Bar Silver, Fine
Bar Silver, containing 6 grs. Gold, .per oz. standard, last price6 OX®
per oz
no price
Fine Cake Silver
old, 6 1
per oz., last price, new, 4 11
Mexican Dollars
here
...
oz.,
none
per
Five Franc Pieces
®
As the public sales of Colonial wool progress less disposition to
buy is daily evinced, and biddings are made with extreme cau-
—the foreigners purchasing
tion
price
therefore
Unfortunately the strike in South Wales seems likely to be
fought out to the bitter end. T"je men have, indeed, gone to work
at Mr. Brogden'a collieries, but he has urged upon the men the
necessity of a full week's work being given in order that he may
He
fulfil the contracts he has in hand with punctuality.
remarked that notwithstanding the great demand for coal last
year, the output was 60,000 tons less from his collieries, arising
out of the idleness of the men, who could only work three or four
days a week. Mr. Crawshay, and Mr. Menelaus and others, however, have intimated that all the injury the men can do them has
been done, and that rather than receive a deputation from the
1873.
8,
of England, the Bank rate of discount, the price of Consoli
the average quotation for English Wheat, the price of Middling
Upland Cotton, of No. 40 Mule Yarn fair second qualiij
and the Bankers' Clearing House return compared with the
stapled,
similarly affected.
[March
sparingly.
A
further decline is
and we quote prices for Port Phillip
fleece and scoured S^d to 3d, and greasy 2d to S^d per lb. lower
Sydney and New Zealand have also declined 2d to 2id per lb.
Good snow white Capes and fleece are Id to l^d, and faulty sorts
The new clip of Port Phillip is in souud and
li<i to 2d lower.
good condition, but in almost every flock the burr is very preva-
now submitted
to,
lent.
In the state of the
notice.
There
is
no
com
is very little alteration to
but prices are well supported, espe-
trade there
activity,
better qualitie.-s of wheat. Otxr importations are
moderate, but not being in excess of our requirements, theie is no
have had a week of dry and rather
accumulation of stock.
cold weather, and rapid progress has been made with spring sowIt is believed, however, that the acreage of land under
lag.
cially for the
We
Union they will close their works for two years, if necessary.
Mr. Crawshay is understood to be a man who keeps his word
wheat will be below, and that of barley and beans much above
but tne men have nevertheless passed a resolution that they will the average.
not return to work until Mr. Crawshay sends for them, and gives
The following statement shows the imports and exports of
them their terms, even if they have to wait for two years. There cereal produce into and from the United Kingdom since harvest,
is, however, a division between the Unionists and Non-Unionists,
viz., from September 1 to the close of last week, compared with
and that is the last phase in the affair.
the corresponding periods in the three previous years
A want of animation has been apparent in the stock markets
IMPORTS.
and the public seem to be operating to a very| moderate extent.
1869-70.
1870-71.
1871-78.
1872-73.
16.273.507 23,1.35,019
cwt. 23,972.953 21,481.867
British railway shares were very dull in the early part of the Wheat
a,!'56,7S0
3,901,950
5,';67,814
8.607.844
Barley
5,4!!3.97a
4,096,210
4,54(<,256
week, but they have since recovered. Amongst foreign stocks Oats "
4,71S.5ia
391. 2J5
727,873
700.975
441,788
Peas
prominent
feature
has
demand
been a
for French scrip,
the more
8'il,284
!63.00fl
1.743.977
1,213,991
Beans'
8 071,404 10.ail,.'i80
in,7M223fl
9.3 0,236
which hasrisen to 6i@6t francs. United States Government Secu- IndlanCom
3,48l',879
2,299,193
1,659,388
8,377,546
Floor
Erie shares have, on
rities have been dull, and are rather lower.
BXPORTS.
the whole, been firm, and the tendency as regards other American Wheat
127,498
1,268,619
1,934.648
117.809
cwv.
11.745
80.960
6,75B
11.3.30
railway bonds has been favorable. The following were the Barley
542.8H4
:
closing prices of consols
and the principal American
Beaiis
Conaola
United States 6 per cent 5 SC bonds, ex 4-8
do
Sd series
do
1865i88ue
do
do
do
ISBTlssue,
5 per cent. 10-40 bonds, ex 4-8
X
S per cent Funded Loan, 1871, er 4-6
Atlantic and Gt West., 8 per cent. Debent's. Bischoffshelc's ctfs..
Ditto Consolidated Bonds, 7 per cent., Blschoffsheim'a certificates.
Ditto iHtMorrjrage. 7 per cent bonds
Ditto 2d Mortgas;o, 7 per cent bonds
Ditto 3d Mortgage
...
.
Erie Share?, ex 4-6
Dittos Dcr cent. Convertible Bonds
Ditto 7 per cent Confolidaied Morigage Bonds
Illinois Central Shares. *10n pd., ex 4-6
Illinois and St. Louis Bridge, Ift mort
Louisiana ti uer cent. Levee Bond:*
Mas!>acliusetti« 5 per rent, sterling bds. 1900
New Jersey United Canal and Rail bds
Panama Gen. Mort. 7 per cent bonds, 1897
Pennsylvania Gen. Mort. 6 per ct. bds, 1910
,
Virginia 6 percent bonds, ex 4-6
The
following statement
•,
87,868
4,159
732
OHtS
Peas
securities
Com
95X® 92>i
91X@ 31^
Indian
Flonr
91)i@ BlJi
9iX(& '*3
93Ji@ 93K
of 163. in the
® 89J^
9
@ 63J(
i8}i@ 89X
78 @ 79
® 70
33 @ 33S<
89
9n>i@
61
fi9
68
StS
96
a
S2ji
®t
fl9
®
94)0
97
95>^
99
40
92
(gilOO
45
94
101
®103
95
96
41
©97
©97
®
(3i
£^43
shows the present position of the Bank
.
15,671
11,475
63.474
5.506
1,754
18,6S4
87.427
31.160
5.697
40.729
855,817
43,903
8,030
1,I8T
9.414
9,088
At a meeting of the creditors of Messrs. Pawson & Co., an offer
pound was accepted; 12s. in cash, Ss. in three
months, and Is. in nine months^ It is also proposed to construct
to carry on the business.
Messrs. Baring Brothers have issued a prospectus of a small
loan for £123 800 in 5 x>n cent bonds for the State of MassachuThe price of issue is 9H.
setts.
Messrs. Grant Brothers have announced that they are authorized to reissue subscriptions to 10,000 shares of £20 each of the
River Plate & Brazilian Telegraph Company. The concessions
have been granted for terms of not less than 40 years, and the
;ine, which will start from Rio, will connect the Argentine and
Uruguayan Republics with the European system of telegraphs.
The Transandine system of land lines will also be connected, so
that the greater part of South America will be in direct com
munication with that country. The new line is to be in working
order by the 16th of August next.
a
company
.
:
.
March
8,
;
.
—
—
:
I
. .... .
...
THE CHKONICLE
1H78
BuKliBb market Reports— Per Cable.
The dr.ily closing ({tiotatioDS in the markets of London and
reb.3S—Str.
Anerlran
London Money and Stock Afarktt.—dTB close at a decline of i
on the prices of a week ago otheririae these prices are the same
American
.
Kon.
KH
HH
Wf
WJi
93X
98X
a. S.6((5-S0i,)1866,oia.. KSTi
98X
P«K
186T
U. S.lD-lOt
Tnsi
««K
Six
98X
98X
Thnr.
FrI
MX
985i
»K
MH
MX
98X
9«X
91K
RtK
9»X
9»X
8SV
90X
mk
89),
WH
New Be
The dally qnot«cions for United
9o2
90A
90X
90X
States 6s (1863) at Frank
were
74. 188
Total for the weak
ToUi
Previously reported
ToUl since Jan.
Same time Id
MtLMt
IdLMMR
1.
UTS
1878
1871
1870
1869
$3.nO,a«7
B,M*.S1«
|
Sam* tlma
I
1S8S
188T
$]1,IH,ST4
tn
|....
$1I.3M.M«
».»n,£6l
ISM
6,171.003
•,44«,4>>1
The Imports
•ijm
March l-8ir. Donaa, Oeatk.
amptou —
Silver balMon
Oold bnlllua
Msitcaa sUvar ioUifs. ..
13a,>44
Feb. 3T— Str. Clmbrla. Hsai-
Wed.
UtIW
Sllfcr bars
pool—
England has decreased £188,000
of
Hat.
I
4.40IJM
1868
of ipeole at this port
4,(M.»14
during the past week Iiava
been as follows:
Feb. 34 -Str. Ontario,
Frankfort
9BK
— This
^J bbl S8
»pr)..«ctl 11
"
(Red Winter)
(Cal.
Com
White
(Went, iii'd)
BarltiyrCanadian)
¥
IS
18
"
clab)
d.
3
S
39
Wed.
d.
•.
18
IS
87
8
8
89
4
6
2
38
11
1)
13
87
8
8
87
8
all
•.
Beef (Pr. megs) new 9 tee.. 8S
(Pr. mess) new ^bb!. 55
B:>cou(Cum. cat)new$ cwl 35
Lard (American) ..."
87
d.
Ohe«4se(.\mer'n fine)
9
71
*'
d.
B.
88
tS
d.
B. d.
a.
84
56
86
38
78
84
55
86
88
78
d.
a. d.
Spirits turpentine...
9
d.
9 8
B.
B.
8
«H
£
d.
B.
cwt
oil..
»
6
46
(I
16
17
6
IS
—There
s.
£
d.
B.
6
Wed.
£ s. d.
10 10
65 6
d.
10 10
65
38
91
40 10
S3 10
38
"
6X
1
«
40 10
33 10
88
94
40 10
S3 10
;
188748.
line
A br
mile*
Double track
rn
d.
1
6
5X
Sidings,
*c
Eqnlv^t single track
Locomotive englnea
Pass'r train (8-wh)c«r«.
Frght train (8-wh) cars.
have been no
Thnr.
Frl.
£ s.d. £ B.d.
10 10
10 10
66 6
66 6
Rents, malls,
sc
9910
80 68
84-38
86-48
306'a3
64
318(8
316 IT
607,783
867,780
801,(73
800,400
10,(03
370,616
—
83
33
94
40 10
33 10
88
94
40 10
83 10
Operating, taxea,
Ac.
Netintereift
Dividends
155«
(88
—
Imports and Exports for the Wkbk. The imports thie
week show a decrease in dry (foods and an increase in (reneral merchandise.
The total imports amount to $9,394,730 tliis week,
wenk, and f 11, 364,368 the previous week.
The exports are $5,353,903 this week, ajjrainst $5,034,810 last
week, and $5,641,333 tike previous week. Tlie exports. of cotton
the past week were 5,680 bales, against 9,031 bales last week.
The followinsr are the imports at New York for week ending
(for dry goods) Feb. 87, and for the week ending (for general
merchandise) Feb. 28
atfainst |9,983,515 :ast
81
148
(88
1.088
>s
and fUeal Btmttt.
ei8.4(»
$1,437,460 $1,608,613 $1,680,M1 $t,]8S.880
838.541
915,118
818,4*4
1,044,780
117,888
141,6T7
188,413
101,388
$1,808,818
844,888
884,983
(80.858
7,187
818,011
413,838
831,388
1,151,607
64J3S
*«,164
tllTSl
1,088,8m
UT,88t
$8^88,803 $8,677,147 $8,678,888 $lJ14,tM
1,889,308
1,847368
1,883,6(6
1,8(6,880
$906,891
$878,094
188,336
763,878
113.774
776,168
$938,388
148,748
$388,387
7W,341
861,(11
Finantial Oonditbm at CXotttf
OOMVIKRHUJ. AND MI>!CRLlANBOUS NEWS.
SO
1871-78
878,818
488,317
8(0,«06
1,387,438
184,788
318,438
$3,398,897
1,488,006
Neteamlngs
1870-71.
9910
80 68
183
Paaaenger earnings.
Freight earnings
1889-70.
9910
80 18
»7-88
968X
Pass'ger train mileage.
Freight train mileage.
Passengers (throogh).
Passengers (local)
Freight (through)
Freight (local)
1868-69.
(BIO
80-16
36-35
306-51
63
.
40 10
S3 10
383^8
Baltimore Railroad,—
doubt of its ultimate value to both through and local trafBc Improvements, by associations, are going on along the whole line.
COMPARAXrVlE BTATKMBm'S FOR FrV* TKAS8.
Soad and BjtilpmttU.
Optratiolu
91
&
•1,0(7.483
6»«.93«
The principal event in the history of the Company dnring 187S
was the completion of their new road (Darby Improvement) between Philadelphia and Chester, which was snffidently advanced
to allow the running of passenger trains since November 18. Th*
cost has been larger than was anticipated
but there can be no
Main
>
6X
8.08t881
tur-
s.
g
n
16
1
3,107,616
Orosi earnings
ton 94
"
..
6
£
1
6
»
13
6
Oil
10 10
66
9
16
1
43
46
47
d.
B.
8
tH
i
Marketi.
these prices the past w«ek.
Mon.
Tnes.
Sat.
Llns'dc'ke(obl).y tn 10 10
LlB8eed(CalcutU)....
63
Sugar (No. 18 D'oh std)
d.
16
1
cwt. 47
London Produce and
¥
9
16
d.
e*
56
88
89
73
—
d.
mi
1870
isrn
1888
1887
(Returns for Fiscal Tear ended October 81, 1872.)
B.
84
66
85
88
78
Liverpool Produce Market. Refined ^petroleum, spirits
pentine and tallow have each declined.
Hon. TaeB.
Wed. Thnr.
Bat.
Boaln(com. N. C.)...Vcwt. 9
" ane
•'
16
Petroleam (refined)
IBeal 1
"
"
(spirits)
1
Tallow( American)... V cwt. 43
Ciuverseed (Am. red)
46
$808,748
Same tlma la
8
40
— This
et
66
86
Pork
18TS
»S75.ni«
8
(I
3
8
40
1,
1873
Philadelphia, Wilmington
IS
87
8
IS
market closes at an ad.
prices excepting beef, which has declined Is.
Tnes'
Bat.
Mon.
Wed. Thnr.
Frl
Liverpool Provisions Market.
in
d.
11
U
Total since January
In
Same tune
Fri
.
d.
t.
83
8
11
Tbnr.
d.
•.
as
8
S
..
38—Str. City of Havana,
market closes steady at
Tnei.
d.
B.
qaarter 47
^ bush
Oats(Am. ACan.)....^ hush
Peas COanadian) ... V onarter
cotton.
in peas.
Mon.
Bat.
«.
Wheat (Red W'n.
Silver
Ftb.
— See special report of
Liverpool Breadttuft Market.
an advance of 6d. in flour and Is.
Flonr (Western)
»S«
98X
lAvervool Cotton ifarkit.
Linseed
allTer dollar*
—
'«r bar«..„.,.
AbjBilnla, Liver-
bnrg—
ban
CoDiole for money
"
acconct
on spot,
Snermoil
Whaleoll
3»— St.
r»K>
a.ld bars
March i Htr City of ««•.
8,000
I'eal, Liverpool—
Sllrar bar*
daring the past week.
changes
Marck l-8tr. AtiaaUc, Uvsr«.n4
Silver
Bank
bullion in the
ance in
B**a-
allTer coin
Jacmel—
as for last Friday.
"
"
Clarib*',
Feb. 3.t—Schr. Crown Point,
Feb.
fort
817
nllla—
I.lver
pool tor t ho past week ha7e been reported by submarine telegraph,
as thowit in the following summary
The
.
nch
64J01
$1,188,814
94.448
(80.318
Ttar.
Capital stock
19,084.800 $9,630,860 $9,083,880 $10,997,300 $11,485,780
1,7a^aOO
<a68,oao
3,387,000
3,888,600
3,000^00
Funded debt
684,647
614,808
680,471
374,988
.,
Sundry acconnU.......
Rcnow&l fnod
Revenue balance!..'.'.'..'
lflO,000
l.lOiilW
484,186
484^678
4(8^888
610.478
$18,068,714 $13,867,188 $13,877,1(8 $18,884,777 $:4,t88,a80
Total
Road and eqntpment.
$8,080,888 $8,090,888 $8,0(0,588 $8,0SOJ18 $8.080486
artjei
380,083
868,870
K6.(88
1,618,108
1,689,041
1,661,866
1,679,788
1,611,838
317387
317,587
317,687
317.687
nT,6>T
18,813
18318
18318
18318
18,818
78,400
78,400
78,400
78,400
76,400
680,464
1,471,888
1,816
Second track
Susquehanna Bridge.
Port Deposit branch...
Tramway, Wash. av.
Terminus on the Del.
Darby Improvement.
.
:
roKiiaif niToaTS at
Dr7 goods
(General merchandise...
Total for the week.
Prevloasly reported....
Since Jan.
1.
mm
1870.
$8,480,889
8,884,797
$10,811,1(6 $10,884,341 $10,874,488 $11,001,080 $11300,788
tohx roa thi wbhk.
1871.
$1,976,606
4,868,930
1873.
$7,878,401
7,323,8i8
36.880413
$9 8 1.S486
4J,858,501
$41,585,604
$58,097,940
J«.3n5,'86
$57,838
Canton Improvement...
1878.
NcsUe&FhtwnRRstk.
$8,933,348
5,473,488
R. E. In Pa. and Del.
Stocks, ix., at cost
Sundry accounts
$14,800,713
68,338,808
«9 894,736
Cash
Advances to conctgrda.
$76,988,916
$79,867,683
69,968.69o
Total
.
$744,438
$180,000
$160,000
$180,000
108,(84
886,703
(78,881
83,788
138,360
187,386
831,083
1 ,098,414
119,837
170,884
187.709
1,184.774
688.367
141,900
878,091
189,709
1,884.146
490,738
138,747
306.407
160,008
188348
l,4l83n
S80,t7O
178386
311,718
$18,068,714 $18,867,188 $13,877,199 $18,634,777 $14,693,060
—Attention it directed to the card of Messrs. W. N. Coler h.
This firm
dry goods for one week later.
Co., which will be found in our advertising columns.
The following is a statement of the exports (ezcltulTe of specie) makes a specialty of dealing in county, township and dty bonds,
from the port of New York to foreign ports, for the week ending and the head of the firm, Mr. W. N. Coler, who haa had long
experience as a lawyer at the West, has given hia particular attenMarch 4:
zroRTB moM Haw vobk roa
wm.
tion to thid branch of the bond basinees for about twenty years past.
The great attraction about the Western secnritiesis in the fact that
1870.
1871.
1873.
1878.
For the week
$.3,908,'439
$6,864,385
$5,858,908 they generally pay very high rate* of interest, and that when they
$4,883,985
Previously reported.
87,117,:839
89,477,883
87.587,344
89,017,067
are in all respects legally issued an action will lie to compel their
payment. Messrs. Coler & C!o. give their certificate with every
Since Jan. 1
$31,080,858
$45,741,608
$41,971,389
$44,899,976
purchased from them in the words following " We hereby
The following will show the exports of specie from the port of bond
guarantee that the said bond is a valid snbsUting debt against
New York for the week ending March 1, 1873, and since the
municipality, and such a debt as may be enforced at law."
beginning of the year, with a comparison for the corresponding the said
Mr. W. N. Coler has just issued a book, comprising two large
in
previous
years
date
volumes, treating of the "law of municipal bonds," which gives
Feb. 85— Str. Vicksbarg, Aux
Feb. 37— Str. City of Merlda,
the general principles of law applicable to them and the particn.
Cayes—
Progreso
American ailver coin,
American silver coin
$40,1001
$1,098 lar laws of each State.
In our report of the dry goods trade will be found the imports of
m
:
:
I
,
!
THE CHRONICLR
318
—Attention
directed to the card o( the City Bank of London
in our advertising columtis to-day. The
ehareholders held their general meeting in London on Tuesday,
Jan. 31, at which the directors' report tor the half year ending
December 31 last was pretenled, showing gross profits of £68,079.
A dividend for the half year, at the rate of 10 per cent per annum,
was declared, and £10,000 added to reserved fund trom profits
and £20,000 premium on 10,000 new shares issued. The paid up
capital is now £600,000, and the total reserved fund £150,000.
is
which will be found
rMarch
RAII.ROAD BONDS
—Whether yon wish
HASSLER &
Saukerg'
^i)e
New
York.
otreet.
(3a}titt.
DIVIDENDS.
declared dnring the past week
[When
Per
COMPANT.
BANKING OFFICE OF FISK & HATCH,
Cent. IP'able.
Railroad*.
Phil.,
Books Cumko.
i
Germnntown & Norristown
(quar)..
3
1
50.
IMch. 15 Mch.lO to Mch. ]«
Miscellaneous.
5
CHESAPEAKE
SELL,
CO..
No. 7 Well
BANKING AND FINANCIAL.
The
BUY or
write to
The following Dividends have been
Nassau Sthemt.
New York, March 7, 1873.
and OHIO, the CENTRAL PACIFIC and
to
§, 1878.
Central Petroleum Co
Eailroad Car Trust of Philadelphia
S
....
....
1
EvENiHe, March 7, 1813.
rates for money on
i<'BiDAT
WESTERN PACIFIC BONDS, all of which have been negotiated The Money Market—The extreme
by us, we believe to be among the best and most desirable Invest call have shown some relaxation, particularly during the past
ment Securities in the market, which in time must become very few days, since the call of the Comptroller was issued to the
especially as the Government will probablypay off, in National Banks for a statement of their condition at the close of
scarce
gold, $300,000,1100 more FrvB-TwENTiES during the year, and a business on Friday, February 28. The banks had been expecting
large amount ^'^ money thus released from investment must find this call, and kept their loans well in hand till it should be made
its way into this class of securities.
naturally desiring to make a good statement as soon as the call
The CHESAPEAKE AND OHIO SIX PER CENT. GOLD was issued, applying to a day already past, they felt more willing'
BONDS, the total amount of which is only $15,000,000, are to use their funds, and hence the more abundant supply of money.
secured upon a property worth $35,000,000 to $40,000,000, and It is to be noticed, however, in this connection, that while the
are fully equal in intrinsic value to the Central Pacific Bonds. street rates for money have been somewhat less stringent than
They are issued in denominations of $100, $500 and $1,000, cou- last week, the supply of money to leading borrowers on governpon or registered, and at their present market price, 87^ and ao- ment collateral has been no larger than before, and this suggests
the idea that money from the banks has gone to stock brokers at
;
;
cru«d
The
very desirable.
interest, are
CENTRAL PACIFIC SIX PER CENT. GOLD BONDS
are too well
known
to require description or commendation.
Their total amount is $25,885,000 they have for a long time
ranged in market price near or above par. Their market price
;
to-day
is
104@104i.
The WESTERN PACIFIC SIX PER CENT. GOLD BONDS
amount to $3,735,000. This road is now consolidated with the
Ckntral Pacific, and the payment of its bonds, principal and
interest, is assumed by the latter.
As they have recently
we expect to see
Central Pacifics, being
been introduced on the Stock Exchange,
them
rapidly rise
substantially the
to the price
same
of
in character
Coupon Bonds,
and value.
Their market price to-day
$1,000 each.
is
94J@95.
We buy and sell, as usual. Government Bonds, receive deposits
on which we allow interest, make collections, and conduct a gen,
oral banking business in all its branches.
FISK & HATCH.
high rates rather than
to the regular borrowers at 7 per cent.
In
aidition to legal interest the commissions paid for money during
the week have rangi d from ^ to 1-33 and 1-64 per day, and today the rate in the morning was 1-64, advancing later to 1-33, and
in the afternoon to as high as i, but closing at 1-16.
Prime commercial paper is more active at 9@10 perjcent for the
v«ry best names.
notice also that there is considerable
bankers' paper offering.
By the public debt statement for March 1, it appears that the
legal tender issues have been reduced to $356,000,000, though it
is interesting to note in this connection the Washington telegram
of yesterday, stating that Secretary Bout well considers that he
has the right to issue the additional $44,000,000, when the financial requirements of the country may seem to demand it.
The Treasury programme for March provides for the purchase
of $1,000,000 of Five-Twenties March 5th and 19th, and $500,000
March 12th and 36th, making a total of $3,000,000 in all. The
gold sales are $1,500,000 each Thursday, or $6,000,000 in all. The
We
$390000 Three Per Cent Certificates called in on which interest is
to cease April 30. leave only $335,000 outstanding, and these of
the denomination $5,000. In December, 1870, the amount called
was $3,000,000 in the year 1871, $31,900,000; in 1872, $17,350,000, and in 1873, $3,530,000.
Advices by cable continue to be favorable, though the bank of
England loses £188,000 in bullion this week ; the Bank of France
gains 3,300 000 francs in specie.
The last statement of our city banks (March 1) showed a reduction of the deficiency below the 35 per cent reserve required by
law to $312,350. The total liabilities were $329,667,400, and the
reserves $57,094,500.
;
TO INVESTOKS.
who wish to REINVEST COUPONS OR DIVIDENDS, and those who -nishto INCREASE THEIR INCOME
To
those
from means already invested in other less profitable securities,
we recommend the Seven-Thirty Gold Bonds of the Northern
Pacific Railroad Company as WbU secured and unusually productive.
The bonds are always convertible at Ten per cent, premium
(1.10) into the Company's Lands, at Market Prices. The rate of
interest (seven and three-tenths per cent, goW) is equal liow to
about 8 1-4 currency yielding an income more than one-third
greater than U. S. 5-208. Gold Checks for the semi-annual
interest oh the Registered Bonds are mailed to the post office
address of the owner. All marketable stocks and bonds are
received in exchange for Northern Pacifics ON MOST FAVORA-
—
BLE TERMS.
JAY COOKE &
New
CO.,
York, Philadelphia and Washington.
The following statement shows the changes from previous week
and a comparison with 1873 and 1871:
-1ST3.-
Feh.
Loans and
2:.
dls.... |28(i.870,lM
Specie
.
. .
27,573.100
ai5,B9a,:00
2(12.(168.100
41,4SI,'200
40,721.000
United States Bonds
33 Wall street, N. Y.
Dec.
Inc.
IS.Iffi.aW
1,SJ3,600
Inc.
28.200
Dec. 3,832.600
Deo.
737.200
— Government
5-208
OF
1862,
»11 facilities
and accommodations granted usual with City Banks
Numbers.
1,000b
;
THIBD SERIES
In addition thereto 4 per cent interest allowed.on all daily balances
Exchange drawn on England, Ireland Scotland and the
Continent
Travelers' and Mercantile Credit issued available
Bills of
m" THE EIGHT PER CENT (quarterly interest)
Or
1862,
COCPON.
1 to
lOOs
1 to
1200
4752
5008
1 to
1 to
3000
5733
1,0008
Total coupon bonds
|45,OCO,000
REQISTEBED
$508
1,0008
6,0003
10,0008
5-208
OF .1862.
1233
8803
5360
1S151 to 20680
4103 to 6403
4775 to 7092
J.....
841 to
5992 to
2969 to
100s
600s
First Mort-
5-20S
fSOs
;
throughout the world.
Amonnt.
10771) to 21738
25936 to 66646
16180 to 4U73
27444 to 71259
1003
.
been
COUPON.
5003
Deposit accounts of Mercantile firms and Individuals received
58,013,768
;
$50s
f
24,33-2,207
S1.660.'S2
2.5,0.'i!l.574
have
securities
Denomination.
Co.,)
i.
|2S2.2SO,100
13,333 61.0
28,165,400
210.472,800
43,770,400
quite steady on a moderate business the firm tendency in the
gold market has some effect, as usual, in giving a strength to
Governments. The Secretary of the Treasury has issued his call
for $50,000,000 of Five-Twenties of 1863, on which interest will
cease June 1. This call is made in pursuance of an arrangement
with the Syndicate, and we presume it will not be withdrawn.
The numbers of the called bonds are as follows:
iSCOND SERIES
Banking House op Henry Clews &
ISTl.
Mch. 4.
»282.631,88«
18T2.
Mch.
Differences.
1.
ie.370,i-i»
27.6'U,.«I0
;5,l)46,900
Clrcnlatlon
Netdeposits
Leeal tenders
Mch.
|281.!;<t,900
,.
gage Gold Bonds of the Logansport, Crawfordsville & SouthTotal registered
western Railway of Indiana, offered for sale by Messrs. JONES
Grand total
& SCHUYLER, No. 13 Pine street, yield the largest income of
At the Treasury purchase on Wednesday tlie
»ny fijBt-clftSB Railway Security on the market,
amounted to $3,0aT,350, and $1,000,000 were accepted.
5,000,000
»60,000,000
offerings
V
.
March
: :
i873.|
8,
.
—
iisv
"
"
•111
10-40'a,connon..
•mi»'!ilH
•
Thli
in;,
6'»...,,
the price bid. no
It
M8H
IISS
•ll'H•^^x
115V
11«V
1U\ 118V
•IHX "Jies
..
...
I0-40'«, re<c.
Currency
tKM Jan.
ll'S Jan.
U8K Jan.
Mt'A 1!«S
ll«»< lliiK Jan.
..
IMH'IUK 112V Jan.
II8S Jan.
•iiejj Miex tir,K Jan.
.... 'UOH 10<H Jan.
•ll'iH !II
IMK Jan,
118V *U3V 112H Jan.
;i8^
5-S0'»lBU, coup.,, •lli.K 'IISV
115S •115?
6-»'ll8«5, "
...
116X MfiS
Mi'iHW.n" „, IHH
lUX
s-3n'ai8«4, coup...
5-a)'lI888,
:
laU v««made
.
'I
!l8v
'I'H
IISV
m
n»H
M'X
.'an. 34
Feb. 8
Korthwaat
10
Feb.
do
pref, yx Ian.
Jan.
:!4U Jan.
IISS Jan.
IISS Jan.
117
S
W
K
»
-.18
90
U.
80«
S.9a,IO-4(le
NewBa
MM
9<V
W)i Jan.
8»W
8»H
m
Jan.
89V Jan.
MX
ns
""
Cei.tralofK.J.
•
nmton.ll.
(,
w" F,.r
1"
7
;«
Jan.
aa NX
ax Jan.
n
L.aw...
* gt.Joa
—
business.
CloBing; prices daily,
1.
SaTenn., old
88 Tenn., now....
ejN.Car., old....
eaN.Car., new...
81
MIX
81»«
8>'K
!ll«
HtH
Un.Par.,I,'dClr't •7SH
Un. P. Income ... 'x71
xtl
N.Y. Cen. 68. 1883. •w
.
•48 «
•5liM
•15
.»5v
•I4s
•aiS
94
91
uu
•1(14
6.
6i\
SI
si
(H
•I«J4
.'•«
i^X
•72
•9li<
94
•IWV
•icia
•17
•45
....
to
«IV
•101
86«
8<>«
.
ioa>,-
41
aiH
'MX
:ui
Dn.Pac.lst
Bock
auH
SOK
s.
•17
6b3. C.n, J.& J.
8s MtSHourl
Gent. Pac. rold..
Erie iKt in. 78
N.J. Cen l8t m
Ft Wayne 1st m
Chlcft NW.af
4.
8«V
77V
71H
94 H
•101 s
•lois
7a
"a
7a
.
lUI
iU4V< •'.U3H
•Da
•97
laid 1st tp 78
• Tnls la the price bid,
104
•a9
•9»
•101 >4 •101
ll'J
56«
»:»
20
91
101
88
83
T»
79
SS
»««
771,
7!
'9 IX
•mi
ins«
•101
»9
at the
Since Jon. 1.
-^
HiKheat
Feb. 12 S3H Krb.
44
54
w
•20
94
103V
tmi
•7JV
W«
9414
•lOJW
'WIH
•loix
•1M
lOlX •101
no sale waa made
have been
Feb. 12 83H Fob. S
Feb. 17 34H Jan. a)
.Ian.
i;V Jan, 21 19
4
reb. 7 19
Feb. 7
Jan. « 56X Jan. 23
14
Jaa. SI 15), Jan. 2
20
Mch. S 23 Jan. 20
9i;< Feb. 11
«2V Jan.
99
Jan. 2 lOlX Fob. 10
83
Jan. 10 89
Feb. 4
74
Jan. 13 80
Jan. 8
rO^Mrh. 7 83 V Jan. <
92
Jan.
94 X Feb. »i
201
Jan.
lOS
Feb. 25
in«x Jan. 22
102H Feb.
lOS
imH Jan.
Feb. 15
102X F«b.
10::X Feb. 1
iOi
Jan.
102
Jan. 17
•17
•J5
•56V<
•14
1,
^Loweat
7.
•a:«
•n
" cou80lld*d
'jBS
" deferred., •IS
••
a.
"£U
8a Vlrg.,old
•*
and the range since Jan.
Mrh. Mch. Mch. Mrh. Mch.
Mcli.
Board.
—
Railroad and IHIncellaneons Stocks. The Stock market
early in the week showed a decidedly bearish tendency, with
large sales of Pacific Mail, Western Union, and other prominent
stocks.
Since Wednesday, however, there has been a better
feeling, and prices have recovered materially.
Tliero has been
much talk during the week about the possibility of farther issues
of " greenbacks" by the Secretary of the Treasury, and the idea
has not been without effect on speculation.
The annual meeting of the Cleveland, Columbus, Cincinnati
Indianapolis Railroad resulted in the election of a board of directors in the interest of the Erie and Atlantic and Great Western
roads.
The election of the Union Pacific stockholders in Boston resuited in keeping the same party in control, with Mr, Horace F.
Clarke as President.
The market to day was generally strong, and so closed, although
prices showed a reaction from the highest point of the day.
The following were the highest and lowest prices ot theacti\e
list of railroad and miscellaneousstouke on each day of the laatweek:
Saturday, Monday, Tuesday, vveocoii'.ay Thnraaay, Friday,
Mch. 1.
Mch. 3.
Mch. 4.
Mch. 5.
Mch.<.
Mch. 7.
N.T.OenftH.B -.03 lf3X
Harlem
129
130
&
Brie
do pret
Lake snore....
Wabaah
Vortliweat
do
Rock
pref
&
Island.
..
8t. Paul
„,
-
i:8x 113X
-
do
pref...
AtrcAPac.pref
Uhlo Si Misslp.
Del.,
L.&
107
Weat. Un.Tel.
Quicksilver
...
do
pref.
Pacific Mall ...
Adam8 Kxp
..
V
Canton
Cons. Coal
New Cen.Coal.
»
WV
109X
89X ?0X
44X lix
52
9.1X
iJ.??
cent lur «u daya
101
51V
i'NJaa. \
.
M«
re*.N
Place, qoote stock "privil.
H dan.Skd
'•"""»••»"
IXaSm
aiprlceo rarrlna from ib« narfctt •• fullowa:
'«''"•• CaJla abor«.
Pgu below. Calu abaia
""
'
.
-:;:1S!
Wabaah
Man
Mc*.
k>
k.
f'O.
Col.. I Mr.* I.
B, H at KrIe..
81. 1-aul .....
...
Northwealcrn
do
pref.
Weat. Union Tel.
Ohio 4k Mlaalsalppl.
.
ii
do
pref
Oold X P c for »
"'
Uold X P c for
ji
I
s
2XL
S«l
Sis
Tlie Sold nark«t.— The fpeciilatlon in goU eontlnae*. th*
price opening to day at
115i. advancing to IISJ at 3:49 P
awl
closing at 115J@115t. In addition to the
flrat party f.rmei to
advance gold, and which was reported to )h> compowd jhiear
ol
the German bankers and others who were unfavorable
to th«
Syndicate, it is lately rumored that another cliqae baa
been
formed for the same purpose, embracing some well-known
bankers accustomed to engage in speculative transartiona. If the
reports in regard to these cliques are true, either in whole or in
part, it is possible that they will encourage short sale*, by giving
the market at tira«8 the appearance of weaknen. On gold loana
tho rates jjaid for carrying to-day were 3. 3, 4, .5. and
34 per cent,
and 1, 1 04,'and 1 ,'32 per cent to flat for borrowing. Time loana
in gold are now quoted at M6@i for use of gold for thirty days
i®i for sixty and ninety days |@4 for four months
per
cent for six months, and 2 per cent for all the year.
At the
Treasury sale of $1,600,000 on Thursday the total bids amounted
M
;
to $6,745,900.
$2,492,000.
Customs
^i
;
;
receipts
the
for
week amount
to
The following table will show the course of the gold premlnn
each day of the past week
•Woutiona.
Open- Low- Ulth- Cloa
ing.
Satarday,Mch.
"
Monday,
•
Tuoaday,
Wed'day, "
Tharaday,
Friday,
'^
1.
8.
.
eat.
eat
1I4X
II4X
115X
I15X
1I5X
liSX
l!»X
11S«
U4V
4.... ....IIS
S.... ....lis
6....
7.... ;::;!§
••
in
IIS
i:»X
Current week
Prevlona week
.
Total
'l\i^
IIS
«3
II9X
I19X
a.i
ai.2»ljOoa
mx
IKK lisv
•MJM'Jro
1143
S49JNJM
lux
Balaocea.
Gold. Com
ClMrint.
In
Init.
II5X
1/Ol.M
«.4IMH
xo»i.iat
S,4I«JM
V lux
market has been altoifether damoraii/.ed by tho high rates for gold and ttie extreme tightneM
in money, which have checked the demand for exchange, whilk
at tho same time there has been a good supply of commercial
bills offerlnir.
The old influence of borrowed bills may also har*
had some effect, though it Is said that there is a drowing pn-Jadloa
Jan.
1,
1973,
to date
.
.
..Iltx
ForclKn Exchanse
115
—The
among bankers
against the practice of lending their bills to atoek
they are thrown on the street at low rate*,
with the necessary result of breaking down prioea. Nominal
rates are quoted below, though very good bills ooald be tiooght
to-day at mnch lower prices. The foTiowlng are the qootaUons
operators, by
whom
London prime banker*
au rtaya.
\
loex*
"
commercial
Paria (bankera)
aay*.
m....
»
iOi
..
f^X^imx
S.n Ss.MW
».tlXM.2>S
Antwerp
Bwlaa
i.io'Ss'iiii
«.i:x«>.i
«....
WKAaSX
Amaterdam
Hambnrn
» MSX
M •llj?
H iHX
Frankfort
Bremen
Prnaalan thaler*
.
nx«7IX
.
7IX«7t
The
transactions for the waek at the Custom Uonao and SnbTreasurr have been as follows:
Cuatom
Sab-TraaaoTT.Hooae
Beealpta.'
raymenta.
»,
Oold.
Reoelpta.
Saturday, Mch.
"
Monday,
"
Tnesday,
4io«n
Wednesday, ••
trtjuo
Thursday,
MM3I9M
«
W
714,1(1
«»<.il4
7(7,487 50
mjm
"
XHJOi
317
/no
CoTT«B«jr.
4II.M
i«,m7s
iwJHsa
M4,
s»»
7t
411,141 41
CarrracT.
Gold.
Ittf.TS'.
M
71
SLMMR
UaoJMH UMJMJt
>VMS,M«
i,tHjnti
57
67
67
52
.
•rtala is the price bid
•
9SV
73X
'S3ii
....
•....102
SIX 5'!
44X 4IX
28X 2314
ssBwi.su
a*
:
ATBaaea
•
'
„
Baaaa.
Hew rork..
S5X SSX
39
V
li7
89
48
64
49
"....
OS
Citt Bakks.— The following sUtement shows the
condition of the Associated Banks of New York City lor the week
ending at the commencement of bnMinesa on March!. 1873
M
1C«V 113
8.iX
•....
tmjKsjm
New Vokk
!13X
m
«'
;SX 74
S5X 65V
101
M\
f-'aijiM
Exch
Bazley, 47
Balance. Feb. 39.
Balance. March?,
10U?1"1X
4IX 44t<
6tx
84
its
88X 40X
54
53X
95S
•
44X
Maryland Coal. •28X 23X
Ths range
8!)
112
52
58
56
amerlran Kx.. «TX
United States..
Wells, FarKO..
81
7SX-7.1X
VV...
Panama
81
S8X
23
23 H
"X 45X
103V IClK
Centriilor N. J
Boston, II & e.
Hann. 4k St Joa 45
do
pref
Union Pacific.. S4X
Col Chlc.^k I.e. 40X
Co'.
Meb.
Ffr
Total
"
„
•iurr.*
MX
79.
92X 93
TSH 73X
-.
I
:0M
MX
Feb.ni
Friday,
86X 66V
19ii
Jan.
4'.>v
«,
...
h' '"Ponslb'e nartlea) I«ix pof rent prenlam for
Pacinc
State and Railroad Bond*
Among tho Southern State
bonds Tennesaoea bavo been strong ou the prospect that a funding bill of some kind will bo pan.sod by tho Legislature this
session.
Louisiana bonds are naturally depreased by the politi
cal disturbances in that Statu.
Othor State bonds are quiet.
In regard to the Alabama & Chattanooga Railroad it is net
generally known thai after the company went into the bands of
a receiver he was authorized by tho court to issue $1,200,000 of
" Receiver's Bonds," or certificates to protect the road
and pay its
necessary expenses, those bonds having the preference overall
other lions, even lirst mortgage bonds. It was made an express
condition that the bonds should not be sold below 90, and tliat
they should be sold only for the purposes specified in the order.
We believe that only about |400,000 or $500,000 of the bonds
have yet been issued.
The businesfl in railroad bonds Is hardly as large as it was
during the first weeks of February, and it is evident that the
stringency in money is beginning to have an effect in checking
I
At. » Par. pref 20 >pb.28 asx Jaa
ObloikMlaa... IIX Feb.2) 1*2 Ja?'
r'..i_i » u
Lake Shore,
Itock Island.
Krie
1«
•flnr Mall
AdauiiKipreaa
54XJaii,
HX Jaa.
1
Mot.
7,1
I>apiiley
Jan.
XJan.
»
do pref
Baoo.
4
rab.tt
1" >4
Fob.
llocklaland.... IJJX Jan. 7 II5X Mrh,
8t. Paul
nol..
,
1IX Jan.
I
U.8.«B,5-30s,'65....
O. 8.8«.5.ao«, 'iT..
leb'.
I,
tiX^Jaii. 4
«|
-
Jaa.
Feb.
77
Mrh.
Mrh.
since Jan. 1.
Lowetl.
Ulgheat.
7.
do pref
Ukeiher*
it the Boat i,
M.
21.
-
Jan.
Feb. 18
1
Ja».
MrO«n*BB. MX Jan
narlmn
Erie
'HSJi:s;ii|fe^
lltX
IISH
:i5\
<IIM
Oloaing prices of aecnritiea in London have been as follawt
Uaroh
5h 9
3=
Wabaah
:
.
THE CHBONICLEi
Cloeing prioea daily, and tbo range BlDca Jan.
1. hnir„ been
Mch. Mch. Mrh. Mcli. Mch Mrh.
8lDc« Ju. 1.
'•
3i.
5.
«.
7.
.-LoweM.—
lllghcit.-.
Sa.rtind, 1881,00. •list* -IISX' m\
... <|1J
USX in Jau. Ilinsx Jan. 11
•1,1981, nil......
I1«u ii«U :nv lUH -Un.
11«M
Ills Kab. II
«S, IWl.roup ...
I'ss
5-20'« IBB;.
.
•42
VV)
SIX 56X
94V 94$
67
73
•83 X
!3
81
K"k
44X 44X
and asked, no sale
95
•....
78
67
52"
21
55X
23
•
wj^h niaoe at the
...
102
51
SSX 54
JIX 45X
'22 X 23X
45V
•22
Board.
in thnse stocks since Jan. 1 has been as follows
ICH
121IX
45
54
57 X
M
..
.
Manhattan Co.,
MerohanU'...
Mechanic*
Onion
America
,
PkOBttlX
City
,
Tradeaman**..
Fulton..
,
,
Loana and
a«or«Toi—
Net
T irdt: a. Depoalu
L*>al
OapltaU nia<^onnta SprrI •
S«.«n,aO(|||.]s;im
1 1.137 JM |1.5ltJ0ttlJ«J(»
2.osa,iiw
3/nO.OM
t,000,00«
ao6/«o
7.iii(,;oo
ORJOO
4,215,400
1/100,000
tgum
s.tsian
'.81.400
MtjgOD
oM,ioa
640,000
300,000
1.7(0.000
(.7SI.I0C
l»,»C
M,400
«r
73
Chemical
MarchanU Kxehanite.... \JI6JMt
t,l(SJOC
211,000 i.!»,'in
90,400
Sl«,400
81V
Oallatln, Rational
S.SMJO0
IM.aM
IMUOO
1,444,800
ijr;2 7oo
11,100
(73.100
*<o.an)
:09,icc
ois too
UJOC
iiojor
102
f4X
46
23X
Btttchera'* Drovers
UeehanloaandTradera'.
Greenwich
Leather Manof
SeveDCO Ward
B«ai«ol
New Yo'k
AmericanSxchaPK*.
uonunaro*..
I
900,000
800,000
(00,000
W0.O0O
(OO/KM
500,000
2,000,000
.5.000.000
io,o«o,oo«
UMK
Bwaro
t.8D8J0O
i.iaijap
ISSAQ
<.a,i»7,4«e
l^S
Mate*
(M400
MSyWO
UN.!m
I.MS/XK
IJ4.5,MI0
4.m.»
i,4;»,;oo
1.4«SJ00
I.07/JIS
1.1(5.100
718,R«'
(.iit/ini
Tn.no
lOLTDO
ntjots
t.581J0fl
4.763.100
K.totmt
l!s>.
SOOJOO
i.He.lOo
1.100.001)
(0«,inS
ClrcBla-
s.7n.«»
sjsuao
ft,81>.<0l
(.!90JBS
tV».M»
aiio,aio
IJUO.OOl
S,00OMt
XJMOJXK
^'lop
4,»-W(l0
(.worn
KS.ia(
(.IAIOO
:.
:,
Droadway
t.ooo.ooo
MorcantUe
l.OOO.MO
1,444.400
4 08! 5(0
423.701)
S,(I84.8(»
a.OOO.CMb
490,000
412.SO0
1.000,000
1. 000.000
500.000
4,000.000
400.00U
1.000.000
1.000.000
5.1«90U
raclflo
BepaoUo
Cbatbam
Paople'a
ITorth Amsrtea
Hanover
Irving
UstropellMa
Oltlzena
RaiiHan
Market
c.
NIchoIai
and Leather
.,...,
Oorn itxchange
Oontlnental
1,000.00(1
1,000.00(1
1,000.000
s.ooo.ooo
,
OommoDwealth
750,0(1(1
.
Oriental
900.000
400.000
aoo.ooo
Marine
u
At!satlc
Importeri and Traders'.
Pirk
Mechanics' Banking Ass.
Grocers'
North River
1,500.000
a.ooc.ooo
500.000
300.000
400.000
350,000
500.000
.'fantRlver
Manufacturers ft Mer....
foartuFiatlonal
Cent/al National
Second Nat:l2nal
HInth Mationa;
First National
Third National
New York N. ICxchanKe
Tenth NattOD'il
5,000.000
3,000,000
300,00C
lAio.iuo
2.071.800
7S9.000
18.137,300
16 089.40C
1.291.S00
786,500
986;i(Hi
1.287.200
1.187.800
22.1»9 500
10.202,(100
1,«=9.600
4,894,J00
6,668.600
1,276,200
S,;09,000
1,180,000
l,158,J0O
5,013,900
250.000
2UO.OO0
2.0OO.000
l.OOO.OOO
The
1,4-4,200
2.1S5.300
3,032,000
2,4;6.SB0
3,530,800
i.6 15,000
3,'in.90O
1,860,100
500.000
Bowery National
Kew York County
Total
5%
9.8':2
7,l,;6,000
(German American
Drv Goods
2.112,800
1.454.400
8.i7e.8U0
a.4S9.70O
i.265.000
l.50U.OO(.
l.OOO.OOC
500.000
1.000.000
?4.4a).200
2,136,!)00
Bpecle
Lacal Ten.1ers
Dec.
•S.52S2("'
Inc.
1,'!28,«10
Dec.
I
ol previous
Net Deposits
I
Circulation
Specie,
Tenders.
19.'-'35.400
45.107.700
42,778,800
41,461.200
40,724,000
16,161.000
15,048,900
16 310,500
286.870.100
281,314,900
Boston Banks,
DenoBlts.
220.299.200
214.613.400
205,893.700
20i,066,100
Below we give a
1750,000
Continental
Eliot
Everett
t'aneuilHall
Freeman's
(llobe
Hamilton
Howard
Market
Massachuseita
Maverick
Marchants
Mount Vernon
New Rngland
North
Old Boston
Shawmut
&
Shoe
Leather
State
Suffolk
Traders
tremont
Washington
First
Second (Granite)...
Third
Bank of Commerce
Bank of N. America
B'Sof Bedemptlou.
Bankof
Kepubilc...
City
Kagle
Eichange
Hide & Leather
Ravere
Sacnrlty
Union
Webster
Total
The
1.674.200
526.400
13,2:8,400
19,164.700
1,113.200
617J0O
805,100
773.300
969.40C
18,812,900
10.8CO
J22.0J(I
2,949,2(l6
8,i23,(X)0
1.442.600
!67.0(«
606.000
M7..3I0
796.000
268,400
854,500
225.000
180,000
1.334,200
6,597,000
4,781.600
6.528,500
845,4(0
655,700
865
912,200
ao
8,9:5.8110
1,667,800
27.601.300
as tollows
2,20Cl.70O
1,663,300
503,700
2,530,000
2,073,200
162.400
311.700
186.300
185.000
325,000
100,200
334,600
83,600
120,500
1,600
2,9.iO,700
32,700
764.300
3.180.100
9!I0
17,900
2.200
125,0:)0
276.600
97.300
136,000
100,600
147,300
16,900
678,600
89,tOO
191,200
185,400
305.700
241.6(0
SSl.lOO
149.300
25,100
18.000
18.400
39,700
8,300
129,800
1.502.',00
1,919.800
l,10t.8«
7,943,100
618,100
2,4>3,700
38,600
96,100
147,600
9,100
.1,225.300
2,03^,300
2,569,800
3,060,300
3.635,300
8,260,900
7,000
14,200
20,200
53,900
5,300
8.600
77,600
18,600
1,000
1,(101.300
3,650.300
l,-43,lliO
4,-30;.CO0
5,C58,ioc
l,ili,200
4,921,700
1,907,900
5,915,500
3,005.800
1,873,900
2,130.000^
4,S71.SOO
3,808,000
4.787.300
355.300
2.611.100
!,639,003
1,000,000
1,500,000
1,000,000
1,000,000
1,000,000
1,500,000
2.000,000
I127.400
53,(i<J0
'..eiueoo
2,289,800
•..57S200
2,214.300
1,01)0,000
»48.850.000
|8,3f2,600
Inc.
S8,20
i;ircula-
Aggregate
tlon.
CleartnuB,
27,520.100
27,6S9,bO0
27,5;8,100
27,601,300
823,394,601
fS"..8 '5,447
626,895.9(2
6lS,260,2C.'
the Boston
Monday
8'J4.SO0
45.800
199.500
121,000
432,300
17,400
18,100
11,400
86,900
2.600
2.500
4.300
18.800
..
796,41X1
758.300
242,000
925.000
636.100
1.061.200
648,900
1,977,700
556,000
1,170,900
841,800
724,600
994,900
962,600
60*, 700
3,821,800
422,100
988,500
1.599,500
1,016.200
868,100
1,624,900
814,000
1,016.200
009,600
1,093,800
7S8.9(«)
590.400
413.110
174,200
792,(Oi\
S.->8,300
796,00,1
115,900
510,600
S47.30C
352,300
242800
446,600
394.100
404 90]
243 200
1,536 400
1:3,6110
77<,90J
781,100
330,500
588(00
597.900
970.2
736 .00:1
174 800
6<«,5(:o
660. lOU
5=i3.;0J
769.e(K)
174.4iiO
105,200
2,OW,100
2^9.100
771.100
192.800
473,400
1,961.600
"63.(XI0
735.200
58S.2U0
773,1'
799,300
829,800
736.200
452.700
327,70(1
385 100
1,314,800
2,22C,8O0
1,303 400
2,096,600
82.S('0
626.1)00
745.000
180.000
165.100
191 800
812,400
1,138,800
929,300
1.801,900
943.9iX)
487.001
250.00(1
371.110
493,800
241,8(,'0
.
1,915 ,8(M
1.044,700
657.8(J0
158.'!00
303
2,:i92,5liO
J444.900
1,860,400
2,567.700
1,2:8,600
6b7.4|^0
900
I463.700
869,900
(124.390.400 11.015,1(10 tll,l!i5.6C0
$58,085,700
amount "due to other Banks," as per statement of March 3, is
deviations from last week's returns are as follows
792,800
771,71(1
»25,45M0C
$19 793 ooo
•
Decrease,«l, 138,400
i-'*"'
S.iecie.....
Decrease.
LeitalTenders
Increase.
156.300
28.:00
(
Deposits
Circulation
Decrease, $3 76S 6O0
Decrease
"oi-reBBe.
lM9Vfi
ius,9.'o
PHILADELPHIA BANKS.— The following is the average condition
th« Philadelphia National Banks for the week preceding Mon
**
day, March 8, 1873
Total net
of
Banks.
Capital.
Loans.
Specie.
Philadelphia
|1,500,00C
1,000,000
2,000,000
810,000
800,000
500,000
f5.536,0OC
S,83*,60O
135,000
250,000
250,000
500,000
400,000
1,357.200
1.0:0,5t8
1,332,159
1,511,483
2,l(»,00l
Korth America
Farmers and Mecb.
Commercial
Mechanics'
Bank N. Liberties
Bouthwark
Kensington
Penn
Western
5,4r.8,6(.i0
2,396,000
2,.320,000
2,95;,il00
Manni'actnrers'....
Bank of Commerce
1,000.000
250.000
airard
Tradesmen's
TSi.TSO
1,000,000
3,93-1,000
200,000
300,000
400,000
300.000
1,5S6.7*7
1,162,796
Oonsoildation
City
Central
Bank of Bepublic,
Ss(iarlty
Total
1,000,000
290,000
1,017
18,000
17,136
10,500
401
2,739
52,700
12,000
34,000
207 897
810,000
290,186
139,330
325.243
91,670
356 000
328,000
985,000
isilsio
935,9.'6
1,424,209
1,083.;56
10(1,000
$9,917,655
$11,499,605
3,SI>1,000
1, "19,7110
Seven:u
Klghth
5.000
2,498
418,000
210,000
137,000
1,712,000
300.000
130,000
350.000
275,000
750,000
9,200
1,145,300
620,000
814,000
242,000
896.000
i.'8,m)
114,745
300,935
190,100
»S.749.ogO
2.580.212
3.8:9.500
1.648,000
1,802,000
2,111,000
l,lSi,400
781,160
uos^aoo
500,000
Third
7,000
2,528
Tende Deposits.ClrcnIat'D
Tender.
1902,000
652,500
3,300.000
2.184.000
638,000
.500.000
1,000,000
Bl«h
5,731
50,100
L,
600,632
2,915,000
1 050,480
761,690
925,f87
423,148
2,261,000
1,190,000
8,670,000
939,409
417,000
593,000
791,000
3,461,000
1,110,000
398,000
i,-i85,85*
75,5.476
2,-166,000
Commonwealth,,..
Corn Exchange
Union
First
:
Dec.
total
The
986,300
233,900
4,100
360.000
98 .200
496.900
S98JiUU
306.000
i.oa.coo
stateraent of
»1.100
26,700
5.200
2.300
2,900
II 557 90C
3,01 1,6' JO
3,756.300
1,500.000
1,500,000
1,000,000
600,000
200,000
1,000,000
1,000,000
1,000,000
200,000
1/100,000
300.000
1,000,000
750,000
1,000,000
800,000
800.000
400,000
3,000,000
200,000
1,000,000
1,000,000
900,000
1,000.000
1,000,000
2,000,000
1,900,000
600,000
3,000,000
780,000
1,000.000
1,600 000
300,000
2,000,000
200,000
1,000.000
1.500.000
500,000
Commonwealth
5,(100
Specie. L.T. Notes. Deposits. Clrcnla
Loans,
Capital
niackstono
Boston
BoTlston
liroadway
Columbian
3,900
879,600
742,0 JO
791,100
1.687.000
National Banks, as returned to the Clearing House, on
March 3, 1873
Banks.
181 90U
737.2001
Les^ai
Loans.
Date.
Feb. 3.... 298.939.000
Feb. 15... 291.62J.700
.Ulantlc
Atlas
Id4,fi00
1.5'.13W
week are
604,000
SOI,000
67,(100
7,000
76,000
SKOTBITIXt.
•mm
l,162,90f
11.000.000
794 650
l.OOO.OOO
605,800
459,000
*65,U0(l
217,-200
225 7«3
177,535
175.180
541,46-i
203,6
593,000
181,700
270,000
353,381
209,225
450,000
267,000
797,00(1
260,752
ia5,000
2i9.0«i
24S,!00
m.lM
800,000
130,000
piarchS, 1878.
ftUOTATIONS IN BOSTON. PHILADELPHIA, BALTIMORE, &e.
Bie'ico
129.800
5,600
are the totals for a series of weeks past
The following
Feb. 21...
Mircbl..
900.000
475.900
6 0^.70C
l.i29.«0C
1.584.800
3.165.600
2.518.800
1.140.600
2.884.900
1.431.100
2.162.0(0
4.157,400
1,233.100
1.991.800
2.00!,SOO
1,031,900
2,458,000
1.203,100
281.3*1.900 16.870.500 40.724.000 202.066.100
from the returns
devlatioiiB
Xioans
173,300 1,595,600
129.500
779.7110
8.900
178,800
077.300
175.200
139.<l(J0
686.600
122.100
4.300
Wt.OvK)
280.000
2(ili.6ll0
181.100
i-i.DnO
ILUIX)
564.500
96S.600
299.400
24.900
2(10.000
34.300
636.600
67.500
860.(00
B9.200
5SI5.000
161.900
14-<.U(10
99J!00
255,1100
285.900
485.900
17.100
173. !(0
5.200
256.000
164.003
170.400
15.000
266.9J0 S.186,«00
387.900 4,427,700
133,900
216.200
133.200
K.IOO
16.900
168,600
6.IU0
l9i.400
38.500
198,100
2.040,700 3,58cl,600
377,100 1,871,'.'00
396,200
333,000 1,314,000
559.700
674,800
642.500 1,276,500
211,300
1,000
2-0.200
100 SOO
271.000
3.600
229.000
80,000
259.700
539,600
3,7U)
233,400
Bid, Ask,
BOSTON.
MX
Maine 6s
New Hampshire, 6s
Vermont
..
,
$16,435,000 $56,867,353
a°*°,'opeoie^,,..
Ltgai Tender'
Notes',."'
$271,544
$11,389,972
returns of previous week are as follows
Ino,
390,918
,nr.
...Ino.
98.251
131,986
(Deposits
Circulation,..
•
Inc.»l,096Ji8i
Dec'
2,i»9
'
Pennsylva„Ben,m,, conv, 1910 SIX
do
95
do
reg,,,
Perklomen 1st m. 6s. '»7
Phlla. ft Erie Ist m. 6b, '81,,,.
si
do
'Sit
2dm. 7b,
9IX
„
an
Philadelphia
MassaohnBetts6s, Currency...
6s Gold, 1876...
do
do
5s, Gold
Boston 6s
do 5s,gold
;oo
98X 9SX
Chicago Sewerage 7s
Mnniclpal 7b
do
ft
do
do
do
do
do
do
loix
100
99
95
Bid,
aXOTTBITISt,
fls
Heading 6s,
do
7s,
'80
'93
coav. 7s, '9n
'93
deb, bonds,
g, ni,7s,
c„
do
Cheshire, 6
Oin., San. ft Clev., 1st M., 7, '67,
Eastern Mass.. codv.. 6. 1874...
Hartford * Rrie. 1st M (new)7.
Ogdensburg& Lake ch. 8b
Old Col. 4 Newport Bds, 6, '76.
Sunbury
ft
Lewlston
Warren ft F. ist m.
89H West Chester cons,
West Je.-sey 6s, '83
AiA
91
98
lOlX
1910
reg,
108
,
too
68, g., 1970,,
Phli„WiIm,ftBai.,6s,'84
PlttB., Cln.* St. Louis 7s
Snnbury ft Erie 1st m. 7s,
Portland 6s, bnilding loan
Burlington & Mo. L. U.,7
'17.
7s
is, '96
;s, '91
do
Istra, 6b, '96
do
do 7b, '97
do Bonds, 7, 1877,.
do
Western Penn. 66, '93
Rutland, new, 7
do
do
68. p,b„'9f
Btansted & Chambly 7s
Wllming, & Read„l8t M „7, 190(i 99X 9'lt
Verm'tCen,, Ist M,,cons,,7,'86
do
do 2d Mort 1902
59
do 2d Mort,, 7, 1891
Reading
Coal
&
Iron
deb, b.
Vermont & Can., new, 8
do
do
mort. b.
Vermont ft Mass., 1st M., 6, '83.
CANAL BONDS.
147X 148
Boston ft Albanv stock
Chesapeake ft Dela. 68. °8^... 83
138
Boston ft Lowell stock
Delaware Division 68, '7<
lisjk
Boston ft Maine
96"
Lehigh Navigation 6b. '31
149
87X
Boston ft Providence
do
79
74
RR. '97.... 22>«
Cheshire preferred
do
'77.
83
84
lllK 112
Chic. Bur. & Qnlncy
do
conv., g,'9*. 91M
Cln., Sandusky & Clev. Btock. 19X 19X
do
SO
gold, '97 91
Concord
IJH
137'
Morris, 1st M., 6, 1876
99
:86
(Connecticut River
do
2dM„ 1878
Connecticut & Passumpslc, pf. 89H
do
boat, '89
ItSV
EB^tcrr. (Mass
Pennsylvania 68, 1910
103
69
..
Eastern (New Hampshire)
Schuylkill NaT. let m. 6s. "73.. 77X
ISOX 131
Fitchburg
do
2d m.,'62....
135
Maccliester ft Lawrence
68, '93
do
liOH
Norther:! of New Hampshire,,
.
"•
Norwich*
do
6s, imp., '91.,,
do
68, boat, '88,
do
7b, boat, '89,,,
Susquehanna 68, 'M
do
Coal Co. bontie.
Union let mort. 68, '8(
West Branoh If t m. 6s,'78
127" 139
fVorcesler
Ogdens, ft L. Charcplaln
pref.,:
do
do
Old Colony,,,
Port., Saco* Portsmouth
Rutland common
do preferred
—
Vermont ft Canada
Vermont & MassachHsetts
69X
69
.
100
lii*
5
112
1S8
12
54
55
Wyoming
SIX
89
Vailey Ist m.
18.
6s,
BAI^TimORE.
Maryland
PIIILADBI.PHIA.
6s,
Jan.,
A„
J.
O..
ft
do
6s, Delence
108
STATE AND CITY BONDS.
Baltimore 6s of75
99V
101
Pennsylvania 58. coup
do
1884
68,
103
5-10,
Ist,.
do
'07,
102X
do
68,1900
10-15, 2d.,
107
do
do
do
1890, Park 6e
15-35, Sd..
do
lOSX
do
Baltimore ft Ohio 6s of '76
Philadelphia 6s, old
96X
do
do 68 o( '90
lOOH 101
6s, new
do
do
do 6s of &5 .,,
Alleghany Connty, 58, coup,,. 76
do
(N, W,Va,)2<iM 6).
AIleBhauy City 6s
do
3dM.6ji
5s
Pittsburg
Central Ohio, let M., 6
68
do
Marietta ft Cin„ let M,, 7, 1891
7s
do
do
do
2d M„7, 1896
104
New Jersey State 6s, Exempts
Norfolk Water ?s
Delaware state 68
Northern Cent., lstM.(gnar)6
RAILROAD STOCKS,
do
do 3dM., S. F.,«,'85. 99X
United N. J. Companies
i2:x
do
do 3d M„B. F., 6,190C 68
33
32
Camden ft Ailantlc
do
do8d M, (T, &C)6,'7
40
do
pref.
do
do
do
Cons, (gold) 6. 1900 32k
Catawlssa
22X
'98 93X
pref
do
44K 44 X PlttB.ftConnellBv.,lstM.,7,
do
do
iBt M„ 6, 1889
wuliamsport
27
Elmira ft
46" West Md, iBtM,, endorsed, 6, '90
i?lmira ft WlUlarasport pref.
do
Ist M., unend,- 6, "go.,
East Pennsylvania
do 3d M.,endorBed 6, '90. ..
Harrisb'g. Lancaster ft C
i63
IIX Baltimore ft Ohio Block.'
Huntln„'ton ft Broad Top. ..
Parkersbnrg
Branch
II
do
do pref,
18X Central Ohio
61
83X
Lehigh Valley
do
preferred,,,
J?2
Little Schuylkill
53"
MInehlil
Nesquehonlng Valley
t?" 91X Cincinnati 5e
do
6s
89
33
Norristown
do
7-308
Nor'hern Central
89X 40
Ham,Co,,Ohio6p.c. longbds.
46
47
North Pennsylvania
do
do 7 p.c.l to6yr8.
Oil Creek ft Allegheny River
33H 34
do
do Ig bds. 7 ft 7.80b
Pennsylvania
6(>X 60X
Covington ft Cln. Brldgw
Philaaelphla ft Frie
26V 27
PiilUdelphlaft Reading
97X 57\- Cln., Ham. ft D.. Ist M., 7,
do
2dM..7, '85„,
do
122
Philadelphia ft Trenton
do
3d M,, 8,77...
do
Phlla., wlimlng, ft Baltimore
54H 55
Cin. ft Indiana, 1st M,, 7
Tioga
'.0<
87
91
87X
9SX
167X
CINCINNATI.
,
Westchester
do
pref
WestJersey
do
,
CANAL STOCKS,
Morris
60
do pref
I3iy
Schuylkill Navigation
do
pref.
Union pref
RAILROAD BONDS.
Alleghany Valley 7 3-lOs.
do
do
ft
Camden
ft
do
Louisville 6s, '32 to '8'
do
65, '97 to '98
7s, '80..
Jeff,,
'88
do
chat. m. do
new 7s. 1900..
do
lOOX
86
Connecting 6b 19OO-1904
EaatPenn. lstmort.7s,'8ij,..
CSX
El. & WniBport, 1st m, 79, 'SC,
do
do
5s
.
do
Sdmort.
7s,
.
!07
1.04
31
U
do 2dM.,7,
do Ist M., 7,1906.,..
80
'97,.
68
87
do
Lonlsv. Loan. 6. '81.
(m. 8.) 7. Tl.
Lon. Loan fm. s.5B. '8fi-'87
s Nash. Ist M.
do
do
do
do
do
do
do
•.'9
84
(•Leb.Br.)6,'S6
83K
n
™
lstM.(Mem.Br)7,'70-'75.
:stM.a,eb.br.ex)7. '80.'86 91
t*
Lou.L'n(Leb.br.ex)6,'9S SIX
Consol. 1st M.. 7. 1898
x91
Jeirerson., Mad. ft Ind
79
»9i< 95X LoulBv., Cln.ft Lex., pref
'99
,
Lehigh Valley, 1st M., 6s, 1878.
do new 68, *98
do
do
do
do reg,
97K
do
do new 78. reg., 1910 101
Little 8chuylkm.letM.,7,l'"I. lOC
Northern Central 3d m, 6b, '85 93
do
do 2d m. g. 6b, 1900 92X
do
do2dm. 68. 191JO...
North Penn. lstm.68,'85
do
2dm. 7s, '96
96X
do
108. chat, m., "77
Oil Creek ft Al. R., con. 7b, '88.
Oil Creekl8tm.78. '82
84X
Pern, ft Hightstown 78, '89
Penn ft N, T. Canal 7s, '96-1906
Pennsylvania, Ist M„ 6, 1S80,
do
3dM.,«,1876,,.,
,
89
90
80
80
86
S3
89
99
09
41
81
32
'8(1.
Lcvils. ft Fr'k., Ist M.,6, '70-'78..
L.
107
'75...
do
8d m. cons. 78,
Junction iBt mort. 6s. 'SS.
2d
do
do
1900
60
95
94
100
88
If
95
9«
92
89
84
Mad,& I,l8tM.n&M)7, '61
LoillST.C.ALex..1»tM.,7,
, ,
.
special tax 6s of
do
do
.
Harrisburg Ist mort, 6«, '83,
B. T. Ist mort. 78, '90.
93
r.
101
81
Water 68, '87 to '
Water Stock 68, '97.
Wharf 6a
do
do
do
do
'89...
consol.. 6s. '94...
Atlan. let ra, 7b, '78.
2dm,
86
91
104
i.o(;i8vii,i.B.
CatawisSa. 1st M.conv.,'82
H,&
Ind ,, Cln, ft Laf., ist M ,, 7
do
(I, &C)l8tM„7.1888
'June, Cln, ft Ind„lstM.,i,'85.
Little Miami, Ist M.. 6. 1883 ...
Cln. Ham. ft Dayton stock..
Columbus & Xenia stock ex d lll*X
Dayton ft Ml chlgan stock ex d 41
do
8 p. c. st'k guar ll^X
ex. d. 102X
Little Miami stock
'75
do
68,'83
do
68, '89
do raort, 6s,
do
do
do
do
78
78
f5
80
81
93
.
1896.
2d M.,'35
3d M„'87
Amboy, 6s,
2d M., 7, 1877,.
let M,,7, '90.
Xenia,
(
14;,
..,
Belvidert- Delsware,lstm,6,'7:
do
do
ft
Dayton ft Mich,, 1st M,, 7 81,
do
do
2d M., 7, '84,
3d My 7, '88..
do
do
do To'do dep. bds, 7, '81-'94.
Dayton ft West,, ist M., 7, 1905,
do
do
l8tM„6, 1905,
Cheeapeakeft nelaware
Delaware Division
Lehigh Navigation
Camden
do
Colnm,,
,
,,,
.
...
The deviations from the
X
. .
.
.
,
THE CHRONICLE.
3Ja'
Stio»
.. ,,
:
1
1
common.
do
do
Louisville
ft
Nashville
ST. I.OI7I8.
93 y.
St Louis
86
34
78X
Long Bonds
^"^
93
Short do
WaterCs i-.>Id
»9X
?J (new) 97
do
93
ParkCsgoid
...
gcwerlSpeclalTax«s 5BX
•lo
91
SIX
North MlseonrL 1st M. 7s
2d M.78...
90
do
do
io
do
do
109
77
68.
68.
,13
77K
.
3,1
,|0
Pacific (ut M.J
)
1st
M.73..
M. gid..
Kansas PaclOc stock
99X r-,!!,, RB. of Mo, stock
,
9X1
..
f6x'
58
'
isx
."
March
.
8, 1878.]
..
ff*wr»m*n< B<md* ana
m
activ»
kat^tm
Irl«
Bonds.
par rnayZ.
do
W
P
new bonds
Cleve.
Asylum bonds
lo
20
'li^
23
do
do
do
ton
do
do
do
8b
98
8b
do
1875..
of 1910.
108><
:0SJ«
lOl
loa
larue bonds
,
v.fOnneotlcnt68
7s,
SUode I8land6s
',',
"
MabamaSa
do
do
do
.<lo
8b
38
Ss
Es
.
A.rkanBa8
do
do
do
do
(lo
Mera{)lii8
7b,
L.R.,T.
MlBS.
4
isB.'
0.4 U
N.O.
Hlv.
s>»
Ms
411
W
6>
...
'
w
* Hannibal
nS?!**
Chicago
»6
ft
Western,
1st
M
3dM.,
7s, conv
Wab'b, 1st Mort. exfd.
do
IstM.StLdlv.
do
2dMoit
Bqnip. Bda....
Cons. Convert
Hannibal ft Nan los Ist M .
Oraat Western, 1st M., 1888;.;'
do_
3dM. 18M....
„ .
QnlncT
ft Tol.. 1st M., 1890...
111. 4 So. ICWR. 1st Mort..
Uaiena ft Ctaln«Ko Extended
do
2>| Moit.
(a
Ml
M
Col.
ft
oo
i«
M
la
AUaaU.a«..3B
65
, ...
Mock. V. l«t 7s. V tra
do
lBl7s,!0 yra..
<'
m
m
.
Maa^ta old bos^. Os.
Ist "s....
H"
a'
rv..
V ^f" l'"'' Orant 8a
Dan., ??
Vrh
Bl. ft p. 1st
7 rid
Detroit, nill.dale ft In. RR.Vs
Utttchess ft Columbia "s..
Denver Parlflc 78, gold.. .
Denver ft Rio Grande 7s, gold
H
70
M
m
»7)4
91
DetrolT. Lnnslng
Lake M.
ft
*X'rawfordsv.
5'.*"l''Ji'"
Erie
ft Pittsburgh Ist 7a
do
1<>1
—
>»)j
•••
"
*
:
101
»«)4
90
WX Ms
gj
^
^
Elltabethtown
Evansvllle,
Padu.
ft
ft
new
la..
'"
KlcbmonifSs......
Chic 7«.gld
W.
Z.
...
',.
Savannah 7s, old
do
7s, saw
_
WllmlagtoB, R.C.Iateld...
do
do
iatold...
,
lArLanaos.
.
*!»• • Chait.jBt. M. (i,
'Ala.ft Tenn.R. Ist
3dM.,%
Atlantic
4,
1st 7s. gid.
I
ai.
M„k
do
no
"lo
M *>'
^„
Vfnren. isi 's^nar
""o
...
I
Indlanap.
6s,
Norfolkss
Petersbnrc
con
8s
...'...
MawOrisaaaSa
so
eoaael.ta...
30
o
do
bonds, H...
do
do
Ilk
*"
loralliosils.«»
mi'5. .^
7s..
Eur"pean 4 North Am.««.gld
Flint 4 PereM. 7b. Land Gr.
Fort w.. Jackson 4 Sag. 8a...
Grand R. ft Ind. 7s, gold.guar.
do
do 7s. plain
Grand River Valley la
Indlanap., Bl.
•*
88)4
H
„ do
ft Nm1iv.'7s!.'
ft
TH
H
waahvuii te'eii.. .:.::;;::
2<i;b
ETanavllle, Hen.
M
oo
M onlgtMBny as,
i
m
101
SMaHttaa.
eiTiss.
Mich. Lake Shore 8a..
Des Moines Valley Hi fs
Chic,
.
..
.
ii ra.
D's....
Connecticut Western
?59
7UH
Lostaftg. r Rk COS.*.
ft Esat RR. 1.1 a,
Mda of L. 1 1st a. ag.
•tkara
l;nic.,
•4 it
.
t.
'ewrk.
M
N
K
"lo
'd7.,2Uyra...
^k. "..
Danv.ft VIncen s Ts.itld
Cleve.. »li.v. ft Url.ls.gold.
tonnectlcut Valley 7s, gold..
iMk
.
Beatk
.<6
mo
ft Iowa R.
AmerTcsn Central 8s
»6H
UMa.>
^^v
ssa-orio'CsfTij^rKiid
rfkftBt.P.nlfi'-'-'-"-
"'• O'V"' Tr-ink..
Chic, Dub. ft Mian
1)6
M
ft
do
do
40
Ark. Cent K.
do 68,1881
do 68, 1886
Kentucky Bs
iOl
Mora i m.tA»r'4i» Is.
Vorlk. Pse. im bi.soUI l^la'
ebsiaad Af UasST.
„.
»"."..*>,• '" • " "« isigiU
Joolk Carolina BR, J« «.
r
gs
'SU X'??"A«<"«aftllan
0.0.4F0X K. TaUer
1U4
art
do
do
do
L. R..
B.*
L-.ek.
'Jo
a»
T.iOMreg.. MM.
so
Os
n
do
6a, 34 M gitf
^
S"»»?*»o"'!>ern Ist Ta.goRL.
,
"111.,
.aka
tot
P»rtl>age*Bo:.
7a..
Iowa Midland, 1st mort. 8i..
dan. ft St. Jo. Land Orants.
,do
do convertible
Tol.
4
IS,
IB,
M
M. prof
M. Income..
™?,° .. „''2„
Ohlc. ft
N. Western 8. Fund,
do
do
Int. Bonds
do
do Consol. bds
do
do
Bxtn. Bds
"lo
Ist Mort.
''»,...,
,
orisw..
6B, rnnded.. .
7b, L. K.
Kt. 8.
7B
im
Mont 4 Euf la R."
Mab. *Chat. K..
Texas, ICs, of 1876
t>nio6B,i8ra
do
do
»Ui»„do<'o^»U> t.,do-..
do Crealon I'raa'-b
<lo
CbsrlionBraDsh
„
J«
Jdo
„„,?»
104H
'<>
';allu>rnla78
do
Land Grant,
.^\
UalUomla Pac. Hit.rs.Vld...
Income lOa
?"„
Illinois Central 7 p. ct., 1875...
Bollev'le ft S.Ills. H. iBt M. 8'B.
Alton ft T. H., Ist
Ponllentlary
levee bonds
7b,
s
,...
.',
fts.
.
do
Bute AH bds.
Western Paclflc bonds
Onion Pacillc Ist M'ge Bonds,
do new nonds
do new doatlngdebt
do
do
'.Ofx
101
.
Tol, n-w bonds
Central PacUTc gold Bonds.
91
LoiJtrilanH6H
do
4
Z
BU. Aal
Is, 1903,..,
Cleve., p-vllle ft Ash., old bds.
do new bds.
_ .00
Detroit, Monroe ft Tol bonds
Buffalo ft Brie, new bond! ..
Lake Shore DIv. bonds
Laki* Shore ron. roup, bonds
o .3° „ Con. reif. bonds..
Pacillc R. 7s, guart'd by Mo..
AftU
-do 78
of 1838.
Mlsaotir 6*
d
H«Ti *'st. ,'io«oph.
do
li'
•4
.
Consol.
NKvTtom
^, Z
f.a^i^'iJ^^,,r,J32^.*;5;J^
.
bds'.
Ohic., Bur. ft (J. 8 p. c. 1st M..
Mich. 80. 7 per ot.M Mort
Mlch.S.ft S 1.8. F.7P.C....
Cleve. * Tol. Sinking Fund
1818.
do
Jan. & July...
do
April * Oct...
do KundliiR Act, 186e
do Lanric,1889, J A J
do L<ndC,18S9,
cons. mort. gold
''°~
-^.
(ontb Carollnafis
do
.
M
M
endorsed
Oold
.'orth Carolina 6«. old
do
do to N. C. B.B.COUP
do
do
do ex coup...
do
do PundlOK Act,iHM,
do
do
do new bonds
do Special Tax
.:
.
821
FN
BI4.
mortcaa IMO
do
laaa.
Mort., I»I5
_ dp 7a,
asrieu, 1st Hortcage 7b
do Con. M. fSTig F'd 6s:
llbany ft Susqh's, tst bonds
do
do
2d
do
'o
ad d' ..
.-.*? „
Mich. Cent., 1st M. 6s, \f«i....
a
do oonsol. bonds....
do deferred do
7s,
78,
7s,
Mb
N.
'•
Baff:N.y.*it.istM.,i»r:..::
Had. R. 7s, 3d M. B. F. 1B8S.
Seorgues
do
00
„do
4tb
Long Dock Bonds
State Bonilii.
TMDeuue OS, old
do
do new
T.rginUSs, old
do
do new bonds
00
00
7a,
7s,
7s,
do
(Quoted pre vluunly.)
AND BONDS
Railroad BtccJc ar« picttd <m a
previous
rvalue..
aooBiTiBa.
17. 8.
.
.
THE CHRONICLE.
QUOTATIONS OF STOCKS
c
. ..
.
do
do
ft
Qnll eonaol....
end BSTaaii
stock
do
do
*•
do
S.- L
gH
Central Oaorgta. 1st M
""o
ft
Block;
"•"
L.. "."
Slonx C. IsiTs...
ICbarloii. Cot. ft A. 1st n.. IB.
J.-'
Indianapolis 4 St. Louis Is. ..
"
do
da
alock.
_.
Jackson^ Lansln^ ft Sag. 8s
Cbarlaalan
1870.
st <avaanab la, tsd.
Kansas Pac. vs. ExTenslo'n, gId
do
Chic. R. Island ft Paclflc...
WI*
6b coupon, 77...,
BaTSSDab aai; Char.. Isi s>.. la
do
7s, Land Or., gld
do
.\<omsft Essex, 1st Men
do
1*0
and DarHngma ts.
1ST»..
do
7s,
do new,gid
n Cbersw
do
>.
RastTenn ftUxigiaSa
WarLoan
do
2d Mort
_ do
.;•
do
<s,g'd, JnnftDec
.a
tadlar.aSs
Jersey Central, 1st M., n. "»>i PS:
RaalTenn.ft Va.l. and. Teaa
do
Is,
do
Feb*
M
Aug
WlcblRan <S,1BT<
K. Tenn., Va ft Oa.. i>i M- U
do
2d Mort. ,;•
„ "lo
do
7», I87», Land Or
N
do
68, 1S78
!!,«» Jersey Southern 1st m 7s J*
(7
si->«k....'
*?
do
J^'L^
;b. Leaven. Brcb.
M bsorglaU.
ntts., n. *. ft Chic, ist U... If*)! :06
do
68,1888
R..lk
»7
_.
do
Incomea,
No
It.,
41
do
do
78,1878
do
do
atoek
3d Mort. »'>»
do
do
No. II..
M eraravllla ft Col. Is. gaar. .
do
York Bounty, reft
do
SdMort. ;;;
10«X
do
..Stock
12*4
do
„
do
do cou
00
do
,•J^ p.c.ig'thds '>« lOO
7s.
errt«.
„
Kalamazoo ft South H.Ba.gnar too
Clove, ft I'ltu., Consol. B.F'd. ..; lUO
Itacosft BraaawlckaBd.Ts
CO
68, UanaUms
no" 119
Kal..Alleghan.4
R.8a«n>r *4 too' WaeoB* Wastam Block....
do
Jo
do
*»* TO
6b,
do
2dMort
1874
107
Kal. ft White Pigeon 7* .....
IB
do
do
Macos
and Angaau bonds.
do
;••
SdMort
68, do
1875
;07
Kansas
City ft Cameron lOa...
lo
do
84)4 85)4
do 4th Mort ...
do
do
68, do
IWi
endorse
107
Kan. C, St. Jo. ft C. B. 8 p. c.
do
Ctalc. ft Alton Sinking Fund
*"
do
do
68,
do
1878
stock
107
LakeBnp.
ft Miaa. ist 7's. gld.
B
Ueupkls ft Cbarlaaloa.lat <v
do
do let Mortgage... IW
do
6*. dogldl887
il!J<
do
do
3d
7b
71
do
do
do
f.a.
do Income
do
do
1874
3d la.
105
L«av., Atch.ft N. W. 7s. guar
M
Uhloft Miss., ronsol. sink. r.
'o
do
do
!>8.
''k
do
1B7S
otock
L«av Law. *Oal.,atock.....
IS
Uemphit 4 01 lo. It*,..
do
do
Ss, do
Consolidated...
1876
do
do
1st M. ,10s..
80
.
lo
do
do
2d
t
do
LonlfUna
*
Mo.
Ri<-.
i«t m. 7b
n Memphis ft Little
Oub. ft sloDx C, Ist M
liailroad Stocks.
Logans.. Craw, ft s. W. 8a, gld
"X MlaalBslppI Central.\i."i'tiii"'
do
do 3d div.
I>t ^la,
fflot previously quoted.)
Michigan Air Line.SB... ..
no
Peninsnia 1st Mort., conv
"H
Albany ft Susquehanna..
Mojtlrcllo ft P. JervlsTs.goId
MlaalMlpp*l°ft Tenn..'fsl"»!^;
St. L. ft Iron Mountain. iBt M
* »H Montclair lat 7b, gold, guar..
Chlcai^o & Alton.
110
is'
do
Mil. ft St Paul. Ist M. 8s P.D I"!
do ronaatdZ,te.
do
di
!'
prer
!!
do
7b, Income.. ..)
19
Moatgomeryft WeaiP..ui.kdo
do
Chic. Bur AQulncy
do7.s.liido ~
HI
Mo.Jtnn. ft Texa« "s gold....
do Isi tad.
do
do 7s gold R^D.
Clev., CoL.Ulii. & Indlanap.' 89
Mo.R.. Ft s. ft enlf.stock...
do .
do Income
do
do 1st Mort. LaC.D
Cleve. & Pittsburg, (ruar
. "
„
00
do
89H
1st. M. 10b
Montgpm.ft Kofanla 1st la.gld
do
do iBtM.I.ftM.D.
D'tii'l'-nR A .Sluux citv
75
2d M.. IOb
?°
?".,...
do
w
do
3d M
Harlem prel
do
lii"
N. J. Midland l»t 7b, gold.guar
Mont..MgaM,aad.
do
do Ist M. I. ft D..
u
c
Illinois Central
do
laox
3d 7s guar
Mobile ft Oklo sUrTJig..".
do
do IBtM. I.ftl...
Toilet 4 ('htcago
N. T. ft Osa Xlld. .81 7«, gold
91
do
do
do axeila
do
do iBtM. H.4D,
Loner Island
do
do
20 7s, conv.
do
do
la, inura
do
do Ist M. C. 4 M.
Marietta A CIn.. 1st preferred as"
New v*,rk 4 Ronton 7a gold 79
.
Marietta 4 Cln., l«t Mo;
do
do
2d pref.
N. Haven. Mlddlet. ft Wr7a
1]
18
d
d"
I'aSSli'*'
KX
Chic. 4 Milwaukee Ist Mort..
Michigan Central
N'eabu'g br'rh 7s. guar. Erie. »»
107
103X Joliet 4 Chicago,
_do
do
BIOS*,. :;;;;"
1st Mori.... :04
Morri«« KsBez
Omaha ft Sonthweatem RR. s'a 8S
91X
H.Orle.naft .lacka. tdM.S*
Chic, ft Qt. Eastern, 1st Mort..
Mo., Kansas
Oregon ft California 7s, gold. a)
87
do
An
f*rv% la
Col., Chic, ft Ind. C, iBt Mort.
New Jersey Bouthern
Oswego ft Rome 7b, guar.
•1
K.OrleauBft n|.e\.aa.lai>l.lk
00
do
3d Mort....
S. T., New Haven * Hartford 140)4 ui"
?15l Peoria. Pekin ft I. Ist m, told 10
ffaabvllle ft C'hattaaooaa.to
•IM
Tol., Peoria ft Warsaw. K, U.
N.T., Prov. ft Bost (Stonlngt.)
Pitts. Cin. ft St. L. Ist 7a....
7TH Norfolkft Peterabsrg lit ».> n
76)4
8»'
do
do
W. D. 5?X
Ohio ft MiBstssipnl, preterrod
Port Huron ft L M.Ts.gld.end.
do
do
7>
o
do Burl'n Div
»7
dc»
Pitts., Ft W. ft Chlcirnar...
do 7s, gold
•5
do
do 3d
Is
00
do
2dM.. .„
83K Peorlaft Rock I. 7's. gold ...
do
do
special..
Nortkaaatem,
B.C., lat M.k.
'0
do
Consol.
80
7s
Hensselaer ft Saratoga
Rockf'l.R 1.4 St. L.nt7sjild
do
3dM..k
L
NewTorkft N. Haven 6s
1* 108
Some, Watenowii ft OKdens'
Rome » Watertown s..
Oraageand Alax.. lata.la. ._
Beaton, H. ft Krlo, Ist mort. .. *X WJ4 Rome. w. 4 Ogdensbnrg
St. LoulB. Alton 4 T. Haute.
7s.
do
ada. is .. .
do
do
guaranteed ^
Rondoiu * Oawego 7b. gold
do
do
pref.
do
Ma.ts
('odar
Falls
ft
Minn.
82
IBt M.
St. Louis ft Iron Mountain..
ritv & Pacfilcla
do
ltks.tB
_.
Bur.. C. apldsft Mlnn.7B,gld S
W Sioux
8t. L.. Kan. C.ft Northern pref
Souther,' raclflcl's.gold....
Rtcbn'd ft PacsrfR lat b. la
W 85 South Side (L. 1.1 7b
Rome 4 Watertown Ist M
Toledo, Peorln ft Warsaw
do
do
.. ts
M »6)4 Stenbenvllleft IndlanaSa ... li
Hi Dnckft lm.Co.7.'i«i
Toledo. Wab ft Western, prel.
do
do
id SI, k
West. Union Tel., Ist mort. 7s. 1?? 100
Jo 7s
'Klch..Fv«'ksb'ga
Petck...
Lonir I-land RR Ist M. 7s.
iithern
Minn,
construe.
Rllaoellaneous Stoeka
Sa.
do
do
do eoav.k.
Smithtown ft Pt. Jeff. 1st M.
do
do 7b
American Coal
Rtek. and Daav. 1st eeaa'd ts..
St. Louis, JacK. 4 Chic. 1st M. *>H
St.Jo.ftC.BI. atM.,iaB..
Boston Water I'ower "..'.'
do
PladaMwt la. ..
Boutt: Side, L.I. 1st Mort. bds
do
do
8 p. c.
Onmbcrlanrt >;aal and Iron
d'
IsU. Is
do
Sinking Fund..
St. Jo. ft Den. C.Ss.gold,^. D
elma. Rome ft r>..ist M.. ai..
N. J. Land Improvement Co"
Moms ft Essex, convertible...
do
do Ss.gold, K. D
Bonth ft North Ala. lat M.. la.
. Pennsylvania Coal ....
230
do
do construction.
Bsndnakr Jlsns. ft Newark 7a
BoBthalda, Vs.. Ist mtg. ts
Bnrlni; Monntain Coal
65
WInonaft St. Peters Ist m
^ -"'
St.Lonla.Vasdallaft T H. t-t M
do
3d m ., guart'd la...
Wllkesbarre Coal
O. C. C. ft Ind's iBt M. >. 8. F. WIX lOi
do
do
3d M
do
Canton Co
MBi..is
iw'
Crosse ft Mil. Ss, 1st M
St. L. ft Bo'eaatem 1st 7s. gold
do
4thm..la
Delaware ft Hudson CaoaV..'! ISO 121X La
Lafayette, Bl'n 4 Mlsa. 1st M.
86k St. L.. ft St Joseph. Ist^.gld
Bovthwaat. RR., Ga., lat mtc—
Atlantic Mall Steamship
4
Pekin, Lincoln 4 DecatnristM -Bonthem Central of N. T. S.
do
stock
Mariposa &old^
....
Han.&Cent.
Missouri Ist M,. "H
Tebo
ft
NeoahOia,gold
8. Carolina RR. 'St M.nrsaw)
do
p-ef.
'ix Cin., Lafayette ft Cblc. Ist M
Union ft LosaaaportTa
do
do
la
-do
TruBteee uertlt
Del. ft Hudson Canal ist M....
103
Utah Central la, gold
•
do
do 7s
do
Land Mining Co... ISK
Galveston. H. ft H ,7s, gold,71
Union Pac.. >-o. branch. 6a. gld
do st«Kk
do
do
do
pref.
Pacinc RK. of Mo., BtooK
Wi
Walklll Valley lai 7s.goId ...
Vs.* TSBB. Isla.«i
PaclUcR.of Mo. !8t«8,gold>il8 ^H
West Wisconsin 78, gold
3dt,la
do
Railroad Bonds.
do
do 2d 7b, cnr^y, •91
Jda k
do
T. Central 6s, 1888
MX
West Ala. M gaar.
Neir
Loans.
...
do
a* 10*7.
IHIscellaneouB
List,
Arkanaaa Stat* Bonda, end. 7s
WHaUagloD asd WaMos'h...
do
6s, real estate...
Arkansaa Levee binds 7s
CIn., Rich, ft F.W. 1st m gld 7s
dcT^ Ckft Raik.lst a.aM
do
6e, subscription. 87
Atchlaonft P. Pic.tsgald...'! M
lalM..ia...,
do
Cblo. ft CSD. Bonth. :Bt m gl 7s
do
_4o
78. 1876
Atlantic ft Pacillc L.O. 6's gld 66
Cta., D. ft v., I. div.. I m sfd 7s
do
7r. conv. 1976....
Atchison. Top. ft s. Pe 7s gld.
PAST sva oovFoaa.
Hoot. • Tex. C. Ist m. gold 7s
do
78,1365-76
Atcbiaon ft >ebraska 8 p. c...
Tesaaassv State t'ssiwaa
Hotuton ft OL N. Ist m. glil 7s
rip !' Mo
Bar. ft Mo. Rlvar. stock
Vl*wlola '"«'-ro'.
Internatn RR, Tex, Ist m gld 7a
do
do
Endorsed... •3 101
do
do
Land M. 7s..
Cesaol. COas
17
Ind. ft QLC 1st m. gold 7B...I ... M
do 7s, 2d do
1879
100
do
do
3d 8.. do 7s.. 10)
.... 'ind.. B. ft w. Kit, fst m gl 7B ....I W
do 7a, 8d do
do
do
Id 8., do as.. 108
MaahTUIst
^•^•'••SSSSStv.v.:.
....<'Jack.,K.W.*8.R. IstmglTal ....
!04
106
'
UlnolB canal bonds,
Iowa Falls
ft
t"l
I
*8
MA
.
. .
ew
,
.
.
ew
Ma
.
.
w
H
.
.
.
.
;
.
l
.
AT
. .
BC
W
.
.
.
I
M
M
.
I
.
'
I
.
'
.
-
.
,
»••
.
55
,
.
.
[March 8 1878,
THE CHRONICLE.
322
NEW YOEK LOCAL
Bank Stock
656565 565
..
SECURITIES.
Insnrance Stock
lilst.
(Qaotallons by E.
List.
Bailet, broker,
S.
Wall street.)
65
CoMPiKIUB.
turkcil thus (•) »re!
uotNatloDal.
PLUS,
Jan.
Am»rlc«'
Americvi.
1,
Bid. |A8k<
186911870
1«3.*
Pari
Amerlon Exchange
Atlantic
Adriatic
Bowery
BroadWAy
ALtTlA
Soiri He«d'
American
American Exch'e.
Central
Arctic
Atlantic
Chatham
Bowery
Chatnlcal
Brewers' AM'lst
Broa-lway
Brooklyn
atchem * Droireti
Cltlaehi*
CUj
Commerce
Commonwealth
.
a«,ooo
rs
200,(H:0
Continental
City
Clinton
Corn Kxnhaiiifo*
Columbia
Carrencv
Dry 0<>o(l»*
commerce
Kait Hlver
Continental
tCorn Exchange..,
Eagle
Filth
Flrit
100
40
100
SO
Exciiange
Farragut
German American"..
Si-
ll
10
10
100
100
Firemen's
Flremcn'srund...
Firemen's Trust..
Gernianta*
Orae wlch'
Grocers
Gebhard
German-American
Germanla. ..
Globe
Hanover
Harlem*
Importers' * Traders'
IrvInK
Manulc'trers'* Build.
Leather Mannfactri..
50
50
26
100
Greenwich...,
—
Guardian
Hamilton
Manhattan*
Hanut. & Merchants*.
Marine
Market
Mechanics
Mech. Bkg Aaso'tlon.
Mechanics * Traders,
Hanover
15
50
50
100
25
50
Hoffman
Home
Hope
Howard
Importors'&Trad.. UV
tlnternatlonal
Irving
Jefferson
Kings Co. (B'klyn)
Mercantile
Merchants
Merchants' Ex
Metropolis*
Knickerbocker
Metraiiolllan
Lalayctte (B'klyn)
MurruyHlll*
Mutaal*
Nassau*
Lamar..
Lenox.
Longl8land(Bkly.)
'.
,
^ ational
Gallatin
yorJi
Lorillard
New
New York County
N T. Nat.ExchanRe..
N T. Gold Exciiange*
Manufft Builders
Manhattan
.
Mech.*Trad'rs'....
Mechanlc8'(Bklyn)
Mercantile
Merchants'
Metropolitan
Ninth
Ninth Waru*
Nort America*
North River*
I
Montauk (B'klyn)
Orl*iil;U*
Pacific*
Nassau (B'klyn)..
Peoples*
Pheu'T
Repnb'uC
Becurlty*
Bt. Nicholas
Pacific
BeyenthWard
Park
Second
Shoe and Leather
Peter Cooper.
People's
Sixth
State of New York..
Phenlx (B'klyn)
..
Relief
.
Tenth
Republic
Resolute
Tcird
Tradesmen's
Union
Rutgers'
Safeguard
St. Nicholas
Side*
Standard
Gas and City K.U. Stocks and Bonds.
[Quotations by Oiaries Otis, 9 New street and "4 Broa.lway.1
Aug,. 72.. .51
Q-K.
Brooklyn Gas Light Co.... i5 2.000,0()0
'72.. .5
.Jan.
20 1.200,000 J.& J.
Citizens' Gas Co iBkl>n..
Apr., Ti.SH
300.' ;:0
A.* O.
C'jrtmcates
do
Aug., 72...
50 1,01X1,000
Harlem
Jan., 'T2.7X
J.& J.
886,000
Jersey City &IIohoken,.. iO
•- .5
Jan.,
50 4,000,000 .J.& J.
Maobattau
Various
•'(w.a'o
J.& J.
bonds.
do
Jan., 'T2...5
100 8,800,000 J.& J.
Metropolitan
Various.
7S0,(XX)
J. & J.
certiQcates
do
Star
Sterling
I
240
1
—
Mutual.N. Y
Nassau. Brooklyn
do
100
25
scrip.,
,
50
10
People's (Brooklyn)
bonds.
do
do
Westchester County
WUllamsburg
1
I
s***-'"
I
50
4,000,000
1,000,000
800,000
401.000
1,000.000
1,000,000
M.AN.
M.&N.
Various.
Aug., 72..
M.
Feb., 73.. .4
& S.
V. & A.
900.000
160
mortgage
BroaiUcau S Seoenth ylfc— stock. 100
lOOC
1st mortgage
:o
BrooWj/n Cilj/-8tock
lOdO
1st mortgage
50
BklynJ'roniJeKt rk(t Flatb—tlocfi.
1000
Istmortgage
6'i4,000
lat
Broiitlwai/ (BrooH-/?/?!)— stock
.Brootfyn * JSTiDitcr's PI— stock...
1st
mortgage
Istmortgage
do
do
3rd
100
'.00
1000
Brooklyn— sloc:}l 100
500
3d
.'00
WWi'""''Vrii
Utiuorlg g
^fliU
<t .B.
f-
J.
1110
3»(1,00n
1000
135,01'0
columi. MiwwH last dlrldend en etockB,
t>iii
&
J.
Feb.,'7H..7
17
10
Jan., '73. .5
July, -72. .5
Julv, 'T2..5
July, 72. .6
90
e>i Jan.,'73.3X
110
&J.
1834
ISiS
J.
26'
80,906
Il,'241
&s.
1874-76
90
100
'73. .F
1(10
J»n.,'73...5
Auir.,'72.14
July,
8X
—B,'.4S
'72..
Jan,,'73..)0
14<
.Jan., '73.,
100
75
80
July, 72..
July,T2..5
—380,209
—13,377
.Tan., '72. .5
'm"
Jan.,'73.SK
July, -72..
3,015
„
16,593 llO
...... |io
,
July.
'71.,
Sept,
,'72.
loe
-59.857
191,8vS
85,139
99,183
Jan.
Jan,
•73.10
Juiy, '72.
37,?»i
—9,£01
Jan., '73. .5"
Jan., 73.
33,790
206,187
11.379
60.481
60,000
186,329
Jan., '73, .5
Jan., 73. .5
Jan., 73.10
Jan., '73,
July, '72,
July, 72.10
—16,5S7
16,895
4,884
123,000
175,540
11. '86
199.972
136,870
Jan'.iTs'.io
Jan., 73.10
July, 7- Jan,
Feb.
,
95
70
too
iib"
<9S
'73.10
iTs"
'73..8
133
M
5.30
131 ,693
102,43;
216,368
1)8,417
168,1119
76,413
59,B50
1,862
13,772
23,S10
143,866
Oct., '72.,
53
Jan. '78,10
11
.Tan
12
12
12
Feb. '73.10 165
160
Jan
l'.«
11
10
3X
'73. .8
115
73..
73. .5
100
Jan.
July, '73
Feb. 78.3H
July,71.3«
16
Feb., '73.10
M
91
,Tan.,'73..5
8,779
3.440
1,967
21.568
Jnly,72 3M
July, '72..
Feb, ,71. .6
Jan., 73. .6 107
l(r;,240
jO.697 12
187,019 14
36,179
100
111
Jan. 73,
3S<
18
—
Rate,
iVeJO
y'ork:
Water stock
,
.Tan., '78. .6
Jan., 78
July, '72
Jan.,*73
10
105
133
.51.
Months Payable.
May, Aug.& Nov.
do
do
do
do
do
do
do
do
May & November.
Feb.. May, Ang.& Nov.
do
do
do
do
do
do
do
do
Feb.,
lSJl-68,
1K54-57
do
Croton water stock.. 1845-51
..1852-(».
de
do
Croton Aqned'ct stock. 1865.
pipes and mains
do
reservoir bonds
do
Central Park bonds. .18.68-57.
..1853-66.
do
do
1862.
1870.
do
do
do
Consolidated bonds
Street imp. stock'
Nov.''
175
100
110
1873
100
1865-68.
1863.
1863.
1863.
1869
....1869.
—
6B-
January
do
do
do
do
do
do
18.9-415.
Water bonds
1.^57-71
8 years
Sewerage bonds
Assesemeut bonds... do
Jeriey City:
Water loan
do
January
do
do
.
J
& July,
iio
1852-67.
.1869-71
do
i..
Sewerage bonds. ... .1866-69,
l'r*-69.
Bergen bonds
Assessment bouds... 1870-71.
lOO
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
1
var.
var.
var.
1861-65
do
ie6a-«
Local Imp. bonds
...,18at-70
do
do
bonds...
.1870.
N.y. Bridge
1860-71
Park bonus
<
uate o1 uaxvMvy ol ooncts;
do
Tuy'Cids
J.
J.* J. ju;y72
J.&D.
iSrr
F.&A.
1876
A.&O.
1885
M.&N.
18S9
M.&N. Nov.'?2|
J. & J.
1890
Q-F. Nov.'72'
J. & J.
lf,90
May & November.
Ang.& Nov
May & November.
Feb., May,
Floating debt stock..., 1860,
Mcrket stock
Soldlers'aid fund
do
do
do
do
July'70
.& B.
,
Jan.,
t.
Nov.'TJ
M
July, '72..
Jan., '66, .3
fan , '7Aug., '72. .6
31.60' 20
19,993
49,991
475
86,799
74,252
55.194
210.717
6,800
91,859
14.178
all liabilities.
do
,
100
Julv,'72.3X
160,000
250,000
200.000
250,000
Improvement stock
'
20O
'72,
Psioi.
& J.
Q-F.
*
Feb.,
Bonds due.
J.
J.
<0
a!7'.»!-8
177
110
&A.
M.tN.
J.& .1.
J. & J.
M.&N.
A.&O.
10
Oct., '72.10
Jan, ,'78. .5
City Securities.
F.
^r.
U
200,000
Dock bonds
isn
10
63,159
Eealeslate bonds;... 1860-63.
A.& O.
,lan,, '73.10
20
—
1872
A.&O.
Feb., '73. 10
Including re-insurance, capital and profit scrip.
Oyer
nre.
t Gone Into hands of receiver since Boston
Before figures denotes impairment of capital.
•
1878
M.&N.
J.& J. June 72
iHrer— stock
UtthuKh—Klotk.
Variou**.
I
13
ISH jBn.,'78.3)<
25
100
80
Dec. ,72. 10
20
•25
'25
tWashington
Williamsburg City
J.& J.
J &1>. Junel?
1884
J. AD.
Q-F. Nov.'72
2,100,000
1,600,000
2,000,000
300,000
234,000,
800,000
200,000
80,000
4,000,000
700,000
,115.000
lOO.OOO
500
151,(W
100 1.161,000
650,000
1000
6110,011"
1000
eoney lalrtnd it Brooklyn- etoiA 100
600,000
litmortgago
1000
214,000
Dry noi:k, E. B. it Batlery— slock 100 1,200,000
Istmortgage
1000
420,000
2dmortxage
...
SOJ.OOO
Eighth ivenue—stoa^
100 1,000.000
l(itX)
503.000
1st mortzage
750,000
VldSl. <t Ornnd St Ferry—elocY.. 100
lUOO
200,000
Istmortgage
arand Street it JVeiotown— stock. 20 170,000
100
797,000
Ninth Avenue—stoc^
1000
167,000
Istmortgage
800,000
Second Avenue— stocM.
50
lOOo
360,000
litmortiagc
'200,000
Muiortgage
10
lOIXl
150,000
8d mort',ai'e
lOOOl
315.000
Cons, Convertible
l(0|
«(jc«/i .Ic^Hwe— stock
760,000
lit mortrage
2SO,000
iO(«
TMril ,t<-eii.i^-stock
100 2,1)00,000
1st li-i!tg.ig
1000 2,000,000
CeniTOl /"t, A^.
Istmortgage
id
do
Stuyvesant
Tradesmen's
Fnitcd States
'73. .5
20
114,400
165,898
51,663
—2-2,566
350,000
25
200,000
100
200,000
20
150.000
20
160,000
50 1,000,000
SO
200,000
100
800,000
ICO
200,000
26
200,000
100
200,000
'50,000
25
50
200,000
ICO
200,000
100
200,000
Jan., '72...
Jan., 7'.. .5.
,!,& J.
.T.&.T.
Sleecktr Ht.it FHUonFerrif—eloc^; umi
Atlantic Avenue,
'^15
i
.6
200088
500.(»)0
5 000,000
1,000,000
510,1)00
,
New York
do
100
25
60
50
50
!0
60
50
Jan.,
-116,211
150,000
200,000
150,000
200,000
300,000
2 0.000
250,000
200,000
150,000
200,000
200,000
300,000
150,000
200,000
200,000
J10,000
200,000
200,000
1110
'73. .7
,
J'iiy,'73..5
184,«1
280,00(1
National
35
N. Y. Equitable...
New York Fire .. 100
N, Y'. & \onkers.. 100
fO
NlBirara
26
North Klver..
Park
"
50
60
80
20
40
60
100
25
60
25
.
July, 72.
14,428
260,196
50.300
200,000
300,000
200,000
200,000
200,000
201,000
150,000
i50,aio
200,000
1,0(«,000
500,000
2On,00O
200,000
500,000
150,000
250,000
200,000
2,500.000
150,000
1 00,000
200,000
500,000
200.000
200,010
160,000
m
'72..
.laly.'Ti..
Jan
,210
27,846
1,000,000
2-1
Eraiiire City
Fourth
Fulton
West
Fire....
Commercial
Eleventh Ward'
91,
200,000
153,000
800,000
210,000
250.000
300,000
200,000
200,000
,
Citizens'
July,
6,150
12,607
200.000
200,000
400.000
200,000
250.000
200,000
Pbiob,
Dividends.
\
Jan.,
&
Julv.
do
do
do
do
May, July* Nov.
1875-79
1890
1883-90
1884-1911
1884-1900
1907-11
1874-98
1874-95
1873
1871-76
1901
1878
1894-97
1872
1873-75
1876
1889
1879-90
1901
1888
1S79-82
9S
98
98
106
M
9a
98
98
98
106
100
106
97
ICO
108
»S'
107
99
101
100
lOS
96
98
103X
104
92 H
104
101
1872-91
1866-91
1881-95
1872-95
1911
1915-21
1881-1902
loss
various
varlouB
M
18T7-*
90
90
108 H
103
^"^
I'm
»5
»
1S9»-1!«)2
1872-79
1874-I9II!)
99
100
1875-91
UX)
«
March
8,
THE CHEONICLR
li73J
InueBtmenta
R*letgl>. N. f.. apcclal nays that tliP V.>nl»
<-arr>llna UffU
'"'j"""""'' «ltl""it passing any r«rlr meuarM.
Of
f
J^
the 500 laws enacted all ar- of spM-lnl
- Tfc»
tax levied bv tho 8ut«i for the year Is lit
nvery ooe hundred dullan, a'ld tl 05.
1
or
•
EXPLANATCOJI OF STOCK AND BOND
3.
Oorornment
Uw ComiolttM oi
Brookljru Clljr.—The
men, alter a conference with
the Brookin „
tli« Citr ('«ini.tr..ll«r, rMotrad
lo f»
port In favor of applying lo the Legl'sUturu i.. ralae to
M/MOiMO
the amount to which city bonds caa tw lasue.1 for
ordioarr local
iinproviincnts other than repavlnjr; aud to fix tli« limit lor
Kecnrldeii, with
full Information In ruLnird to each
pnym^nt, sixe or douoinlustlon oriwinds and
civcn in the U. S. Debt statcmonl published In
The CiiiioNici.E oii the (Irwt of each month
3. City Roitdi, aod Rank, Inisurance, ritjr Railroad and
CiRa Stoci{«,
--.urtunlly bu publUhi-d the first three
will lirtuull
, with ({t).itjitlont4,
-.
-.
•-wi'CkH
of• filch nidtiih. on the p«;,'<.r iinnu'dintdy
ic(llat<-lv prcccilln
thl»
.flsne, tht;
periods of
iiiliM-fnt
othi-r details, iirc
-
-
,
paving
-•
]>ap«rs wb
i|m
directors of the Chicago, Burlington and Qulnrv
.„g^
pnny have just lmue<l their nineteenth annual'
lh«
Blockholder^. The time of cloalng tli« lisrsl jvmt has
Ix-mi
changed lo the 31»l of Oeeember. The present re|>ort, tberefnra
cation of Uu\M'. tfthlcB. occupyiiit; fourteen papew. rer|ulres the l*»i«ui* of a
snpploment, which is neiitly
eiitlv *stitched In with the usual edition and furnished
•
'
allI rr
resular
subscribersB of Tnc
1
Cubohiclb.
ftre
:
BUJNl-
Krom iHissengers
From frelj»ht
From mlxcc Itneons
Prom Burlington bridge.!
attention than nt nny
report
made
to the Constitutional
amounts
to tlie largo
Commission, that the
sum
better
S>ia,*Ma
•l«,71»l^
MU.r4s'bb
•l,6IM*l»
n
i
i\g
4e'tti io
IM
I.t'iivlngofneteiimlngirorSinos. to therrrdlt of tnenmaarc't..
Making surplus
Amount
"It.
I,
to credit of this account
to credit of
vious years,
is
Which, added
to
sinking fund,
Uken from eamlnga
W
t1]0 4M
j,oai,m( It
u
^IgaiTi
of pre-
l.in.tH It
lucoma
credit,
makes theamonnlof
The
he cross
gross eamlnga
eamlnm exceed thoaaof
thoae of
Iha correspo'
eorresrio'
the
aurplna... $a,aea,6l6
M
,tbl
«IMH
oflas'. ycjir
of
1
iti.Tis
n
I'he average number of miles of toad operated from Kay lo
December, inclusive, was 787-^an increase orer (he avera^-r- of
the previous year of 20 miles.
There haa been an iacrease in both fr ight and paaaengn
btislncss.
work
From the above statement
will be seen 'l<at the. gross earnings
were |5,524,7;50 85, and that the oi"
taxes, were $3,099,008 51. Duri.g
jnst pubtreating of the " imw of
Municipal Bonds." This book, embracing two large volumes of
nearly 500 pages each, gives the general rules of law applicable
to these securities and secondly, the laws and decisions of each
State in regard to bonds of this class issued by counties, towns,
ol operating accouinalt
for 'Im lart eight mrn'ba
•• niMH.
.-irloslvp n(
..xl of the prr.c<l-
ing year the gro.«s earnings were 95.4 in.^tf, i.>, and the operal n(f
expenses 3,326,519 19, showing the increase in the grow earning*
over tho corresponding montlu of last year of $75,803 78, and a
decrease in operating expenses of $127,515 OS. The reoelpta on
business from tho Hannibal & St. Joa Kailrokd for the last eight
months have been :
;
&c.
The
.......'..........
In all
To whichadd snridusat commeoceninitorthsprrtod. May
established that they are legal, and tho municipal corporations
putting them out are abundantly responsible and able to pay
them.
The price of the work is flO, and we should think (without having examined the contents in detail) that it would be an
invaluable assistant to every dealer in this class of securities.
t&.tnt.v-K i»
I
chase such securities wiih safety, unlosii the circumstances attending their issue are thoroughly investigated, and the fact well
lished in this city
H
Leuvliga alance of
Out of which hss been paid dlrldeod No. S4
Kent of tracks
Interest and cxcbai'ga
But in regard to the immengo number of small issues of town
and county bonds in the Western States, it is itnpoi^sible to pur-
elaborate
oiieratlnK cxpensei for the siune pierlod,' aiclasive of luxes
t3,im,IHt
Lenvlnc n-f earnings for the elirhl mootht
Amount of Interest paid on bonds has b««a
usually issued in larger amounts, and are introduced upon tlie lead,
ing financial markets with the publicity necessary in such cases.
we may refer to an
by Mr. W. N. Color,
i«
Taxes have been.
total debt
of |33,167,781, not includ-
known than
la this connection
iMjm
The
the others, on account of the greater
ease with wliich information can be obtained about the financial
afiUira of prominent cities, and from the fact that their loans are
is
t,»uc*i It
•M,»lt»l
Total revenue
ing the debts of cities. In Missouri, the Auditor reports a large
amount of town, county and city bonds registered in his olUce,
and mnnlcipalitiesin Illinois, Kansas, Ohio, &c..,are well known as
having issued large amounts of these bonds. The status of city
bonds
m
ti.tn.m
'
previous time, on account of the very large ngRregatc amount of
them outstanding. In New York State alone, it appears l)y a
of townships
i
I
covers only eight monilw, ending on the 3lat ot
December, JWt.
Iliogro.-s receipt B and disbnrMmenla of tlia
company tor Um
period named were as followa
to
These bonds
|1,,'-.0«),I)00.
Chicngo, Biirlinrton and Onlncy, and Barlinirton and 11*.
4. Tlio <;omi>l«t« Tablca or State Kcciirltlc*, <:|ly Noriiri<lea, and Railroad and Ifllaccllaneoua Htorka and Rouda
will be n-|,'uhirly piibllBlicd on the lust Saturday in eHoh month.
The publi-
INVESTMENTS-COrNTY, TWONSHIP AND
ra.
at
SOliri Kill I roads.— From the ('biraKO
,
-
CIPAI. BONDS.
now nttracting more
•
$800,000.
T'VUf.B*.
Price*
nnmernun
'
'
AND CORPORATION FINANCES.
of the ino<t Actlvo Stocks and Bonds are given In the " Banker* Oajielte," previously.
Full quotations of all other securities will be
found on preceding pages.
I
r^
,
AKD
STATE, CITY
328
Freight
Passenger
w
aud KauSns, requiring
$ai,MS
During the game period the earnings on the trafBc to and from
with the State authorities, have proved
tbe
Burlington
&
Missouri
River
Railroad
have
b««-n
an important step towards preventing fraud, and furnishing a
Freight
|«S7.«M M
partial guaranty of value as to the bonds registered
but still the Passenger
»I8,II»«
issues are so numerous, that purchasers should have definite information as to the origin and history of each particular claae of
An increase on the latter road and a diminution on the loruirr.
bonds they propose to inves' in.
There has been a steady increase in tbe business on the levtr*!
branch
roads.
A» personal examination is in most cases impossible, purchasers
The report, after calling attention to the completion and oie»are obliged to rely upon tho statements of their brokers, and as a
ing of the Chicsgo & Iowa Railroad, extending from Aurora to
consequence of this necessity there are several firms in our Forreston, 80 miles, and of the Chicago & Hock Uiver brar.h,
city who make the examination of, and dealing in municipal bonds gdes on to state that since the first of May last the double tr.ick
a specialty. Several of these firms advertise from time to time between Riverside and Aurora has been completed. Including <h«
iron bridge across Anx Plaines River at R.vi-rside, tbe track hnU
in our columns, and some of them, we understand, furnish a
lasted and put in fir8t<las8 condition.
certificate to all purchasers from themselves, stating that they
The length of double track all of which is betwevn Chtcaro
guarantee tho bond was legally issued, and that the municipality ""d Mendota is Olj miles 6J miles of new side tiirk have alao
beeu constructed at various |K>inta on the line lU 2'.' 100 niilrs of
is able and can be compelled to pay it.
I
steel rail have been laid in the track during the eight moolli.f,
making the whole numl>er of miles of stoel rails now in the tiack
all
registry laws in Illinois, Missouri
bonds
to bo registered
:
;
—
—
;
;
Tennessee Finances— «
—
New
Issnes" of the
Itaiik
of Ten-
The State Treasurer, Mr. Morrow, says: " Tliv oiilv
nessee.
question deciced so far, and that by o ir iii'irjur (Miir:"
tliat
the bank is liable for this new issue, aud must receive it in pnyment of its debts, when tendered by any party owing the bank.
An appeal was taken to the Supreme Court of the State, whicli
'
has not been decided yet.
" The bank assets are sufficient to absorb every dollar of the
new issue,' as I 1. am, and there is no probability that this
money will ever be paid in for taxes, as the old has been.
"No holder, fo far as I know, seeks to hold anyone else but
i.-<
'
the bank liable."
Georgia Bonds.— The bondholders
134 15100.
THE
ILLINOIS OIt.\SD TKUJfK KXTKKSIOX
and opened for business in Jnly. Surveys Ijavt^ been completiMl.and every preparation made to proc^i-d
with tho erenion of a bridge across tbe Misaissippi Hiver at tl. a
point, so as to bring your road into connection with tbe Chicago
Clinton &. Dubuque and the Chicago, Dubuque & M Innsso ta
Roads.
was completed
to Clinton
STOCK AND BONDS.
In the consolidation of tbe railrcad and property of the Bnr
lington & Missouri River Railroad with the ChIc«;ro. Burline"-
&
CJuincv, in order to equalize the share values of the sto<l>^
two companies, instead of aiding to_ the capital m...
the
will
be pleased to learn
recently passed by the Georgia Legislature, providing
that the bill
for the payment of tlm post due interest on the $2,598,000 gold,
quarterly 7 per cent bonds, aud apprr.priating $567,000 for other
past due interest, has been signed liy the liovornor.
i
<
i.
purpose, tbe company Issued its 7 per cent hoods to
the amount of $4,663,225. whi-^h were dUirihnt*<i aooag \h»
'-""
stockholders pro rata as of the 31«t of TVv
iiia
ntl
In order to meet the ex|n>ndltur. » prcv
.t-i
n...
extension of the Prophelsiown branch t-'
for that
:
.
:
THE CHRONICLE
324
pletlng the construction of the vftrious other branches, your company sold its 7 per cent bonds to the amount of |1,600,000, and
the bonded debt of the company has been accordingly increased
by these amounts since last report.
The capital stock has befn increased by the issue of 30 shares
to a foreign stockholder, wliich was a part of the issue of stock
authorized by the Board Aucust 19, 1871, and which in conse•eqaeuce of his .bsence from the country had not previously been
Operations
212,666
Fas. train mileage
Freight train mileage...
283,669
Pas.,mall, Ac, carmil'ge 1,713,329
Freight car mileage
4,182,198
Passengers carried
438,394
287,729
Freight (tons) carried...
Usued.
THE TRKA8UBKR"8 REPORT
hows
Gross earnings:
Passenger
$754,361
Freight
906,425
Total, incrgrent8,*c. 1,718.(1M
Operating expenses
1,018,636
Nett earnings
704,468
that the permanent investment of the company, on the Sis*
Interest
sundry
of December, 1872, -was as follows:
Constmctlon. equipment, cost of branch roads, railroad bonds,
$41,6(18,899 99
stock, and materials
$18,652,910 00
Capital stock
11,846,226 00
Bonded debt, bearing interest
Bcrlp issued to pay for Northern Cross road, Gales152,250 00
burg to Qttiiicy, not bearing interest
256,206 95
Amouni due bondholders' Northern Cross road
of bills and accounts payable over bills
•nl accounts leceivahle, and cash
Amonnt contingent liabilities for bonds on branch
"•primarily• reats
roada. upon which liability
interest,
1,721,918
4,379,211
447,041
317.115
Sttultt.
819,912
819,129
1,755,264
5,014,916
438,074
330,569
364,169
326,610
1,754,141
5,756,052
440,239
877,769
282,274
586,537
1,743,407
4,684,214
459,808
315,994
$694,261
$638,906
$618,178
$586,176
871,282
1,615,618
949,351
666,267
784,847
1,421,123
803,110
1,607,218
941,584
565,634
730,017
1,881,603
939,448
395,ff70
897,480
917,899
503,223
Ac
498,983
442,166
Capital stock
Preference shares
$452,350
$452,350
$452,350
$422,140
$822,140
Funded debt
9,020,047
2,096,000
7.156,387
2,096,000
7,530,047
2,096,000
7,696,387
2,096,000
7,296,388
Total, representing cost
$9,472,397 $9,708,787 $10,077,397 $10,213,527 $10,218,528
of property
DIRECTORS AND OFFICERS FOR 1878-73.
6,'!66,000 00
Hamilton, Can.
Charles C. Trowbridge.. Detroit, Mich. Donald Mclnnes
Montreal, Can.
Hamilton, Can. Hugh Allan
Joseph Price
Hamilton. Can.
Detroit, Mich. Wm. K. Muir
Henry N. Walker
Hamilton,
Can.
Brush
Detroit,
Mich.
Barker
Edmund A.
Samuel
Detroit, Mich.
Christian H. Buhl
President, Charles C. Trowbridge, Detroit, Mich; Vice-Pretident, Joseph
Price, Hamilton, Can. General Superintendent, .\ndrew Watson, Detroit, Mich.;
Secretary, James H. Muir, Detroit, Mich.; Auditor, H. R. Morton, Detroit,
Mich. chief Engineer, George Wasson, Detroit, Mich. Agency, M. K. Jesup
& Co.. No. 59 Liberty street. New York city; and Brnckstone Baker, No. 126
Gresham House, Old Broad street, London, England; and Bankers, Second
National Bank, Detroit, Mich.
ParNcrPAL Office
Detroit, Wayne Co., Hich.
.
$37,326,286 13
$4,342,463 86
leaving a surplns
209,088
283,580
Financial Condition at Clote of each Tear.
162,644 18
^
and FUeal
on bonds and
Amonnt
'
[xMarch 8 187».
In the above statement there is included that part of tlie
original cost of the property which has not hitherto been repreBented in the accounts by either stock or bonds.
As to the Burlington and_ Missouri Kiver Railroad Company,
the railroad and appurtenances have been transferred, and are
now held under the form of a lease in perpetuity, which it is expected will, at En early day, be superseded by an absolute consolidation, when the stock certificates, now held by the stockholders
of the Burlington and Missouri River Railroad Company will be
called in, and those of the Chicago, Burlington and Quincy Railroad Company substituted therefor.
On the last day of the year, the Chicago, Burlington and^Quincy
Company took possession of the railroad and property of the
Burlington and Missouri River Railroad Company, and assumed
;
;
;
Marietta k Cincinnati Railroad.— The Baltimore Sun gives
the following from the Annual Report
The report shows that the ratio of working expenses is 79} per
The net
cent, a decrease as compared with 1871 of 7J per cent.
earnings, being $410,451, have increased $200,396 as compared
with the year ending December 31, 1871. The total earninjjs for
1871 were $1,690,976; for 1872, $2,029,164— Increase $338,198.
From and after that date, the rail- The local freight increase was $58,996 through freight increase
Its liabilities and obligations.
roads and properties of the two companies are to be operated and $215,795 through passenger increase $28,112, local passenger decrease $17,410, showing that there is a marked increase in every
treated as one.
The following statement exhibits a summary of the combined description of traffic except local passengers.
The following statement is presented in order to furnish partiassets and liabilities of the two companies, as consolidated at the
date of this report, in reference to the management and conduct, culars of the revenue and working expenses in comparison with
the two preceding years
of which future reports will treat
;
;
:
1870.
SUMHABT STATEMENT.
Permanent investment
$61,204,15107
Capital stock
Bo. ded debt (including branches)
$26,050,592
25,813,185
152,250
256,206
t
B<-rip
Due Northern
Cross bondholders
Bills and accounts payable and receivable balance
their accounta
76
00
00
95
52,874,680 74
$8,829,470 33
snnpujs AocotjHTs.
Blnklngfnnd
Income account
$1,179,744 88
3.514,272 16
259,447 23
3,876,006 06
Surplus fund
landgrant, Ac
$8,829,470 S3
[A
full statement of the stocks and
will be found in the monthly tables of
bonds of each company
The Chronicle.]
Detroit & Milwaukee Railroad.—
{Returns for the Fiscal Tear ended December
81, 1872.)
road and equipment.
J/aln iine. -Detroit, Mich., to Grand Haven, Mich
Second track and
sidings,
189 miles.
"
26
Ac
Total length in equivalent single track
Guage, 4
ft.
216
"
8)^ in.; rail, 60 lbs.
to Grand Haven, 189 miles.
Telegraph— Detroit
—
$1,420,345 56
1,842,1E6 27
1871.
1872.
$1.690,9B7 66
1,480.912 60
$2,029,164 68
1,61H,713 06
Earnings more than expenses.
78,189 28
210,064 86
410,151 69
Working expenses
%iyi per ct.
79X per et.
87X per ct.
lu addition to ordinary expenses, a large outlay has been made
during the year for construction, reconstruction and extraordinary
602,466 03
Bnrplm
Earnings
Expenses
Equipment. Locomotive engines 34, viz. passenger, 14; freight,
and switching 4. Passenger coaches, 80; mail, baggage, and
way cars, 20 emigrant cars, 7; box, grain, and stock cars, 326;
platform cars, 176— total of all cars 559, being 17 less than a
year ago.
operations and fiscal results.
Train Mileage.— PsLSsenger, 319,912; freight, 319,129, and other
:
16,
;
renewals.
There were invested in the Cincinnati and Baltimore Company
$400,000 for capital stock, and $280,741 09 cash advanced, and in
the stock of the Baltimore Short Line Company $50,000 were invested and $37,495 59 advanced in cash. About 674,000 new
cross-ties and 20,928 tons of new and reroUed rails, more than
sufficient to relay the entire line from Parkersburg to Cincinnati,
were placed in the main track and branches, and charged to
repairs.
A
third mortgage for $3,000,000 was placed upon the property
in 1870, the bonds realizing from 70 to SO per cent, an average
rate far above^hat obtained for those of the second mortgage.
The grosss earnings steadily increased after 1868, but it was
not until 1871 and 1873, when the increase attained the ratio of
twenty per cent annually, the augmented revenue began to yield
a return commensurate with the heavy outlay for construction
and extraordinary expenses, which, while made at the lowest cash
rates for labor and material, have so largely enhanced the intrinsic
w oith of the property.
As was to be expected a very large floating debt has been incurred, now amounting, after deducting the available means on hand,
including the stock and debt of theCincionati and Baltimore, and
Baltimore Short Line Companies, to about two and a quarter
millions, which it is proposed to fund by a fourth mortgage for
four millions of dollars, using the surplus as may be required for
880,559.
improvements.
CINCINNATI AND BALTIMORE RAILROAD.
This line was completed on the first day of June, 1872, as a
single track road. Inconsequence of the largely increased business of the Marietta & Cincinnati road and the traffic of the Cin-
Gross Earnings.— T?SiSsengeT, $588,176; freight and live stock,
$7a0,017; mail, &c., $42,538, and rents $20,883. Total, $1,381,603.
Operating Expenses.— Way and structures, $316,437;
locomotive power, $208,876; cars, $86,283; passenger
traffic,
$92,934; freight traffic, $154,794; general
charges, $40,721; and taxes and insurance, $89,452...— 939,448
cinnati and Springfield road, it was determined, as indicated in
the report for 1871, to commence at once a double track, and the
canital stock was increased to $800,000. This work has progressed
satisfactorily, and the double traci will be completed in July,
1873, when the rent from the Cincinnati and Springfield Company
will be increaued to $40,000 per annum. Of the Cincinnati and
138,705.
Car
Total, 775,746.
Jfaeaffg. -Passengers,
baggage, &c., 755,264, and
Total, 6,770,225.
carried, 488,074.
6,014,961.
yra^c—Passengers
Freight (tons) carried,
Nett earnings over expenses and taxes, &c
Interest on bonds, $397,521, and sundry interest and
discounts, $41
Balance carried to
profit
freiffht
and loss
$442,155
397 430
$44,675
comparative statements for five tears.
Itoad and Equipment.
1
1867-68.
Miles of road owned
Miles of track owned
Locomotive engines.
189
207
..
Pas'ger, bag., &c.,car8..
BOX, grain
platform.
Cars of all kinds
&
34
63
585
678
1868-69.
189
208
34
68
520
578
1869-70.
1870-71.
1871-72.
189
210
34
60
518
678
189
210
34
57
521
578
189
216
34
67
602
669
Baltimore Company's bonds, $314,000 have been sold, leaving
$186,000 to be disposed of, but the Marietta and Cincinnati Company has advanced, in addition to its subscription of $396,300,
cash amounting to $330,741 09, which will be repaid by the Cincinnati and Baltimore Company as the bonds and stock are sold.
BALTIMORE SHORT LINE.
The survey of this road having been completed and the line
located, contracts were made in September, 1872, and the work
has been vigorously pressed. The Marietta and Cincinnati Com
pany, in addition to $50,000 subscription to the stock, has advanced
the Baltimore Short Line in cash $37,495 59. It is expected that
this road will be finished early in 1874, thus lessening the distance between Cincinnati and Parkersburg more than 10 milas,
and perfecting the
line,
—
:
,
:
Marct
1^78,
8,
;
:
:
THE CHRONIOLK
Northern Central (Pa.
& Md.)— At the
annaat meetinir of the
326
•tockholders, fa Baltimore, Feb. 27, the President reported
for
the year ending December 8t, 1B78
Jut".^« :"'**'"
_
From
Manager, Oacar Town send OoomU 8op«riol,od.Bl,
E. 8.
Hecreury and Treaaurer. Oaorm H Ku««.ll
AnAUn,
Alfred Ely C^.f E„p!„e«r. Frank ForTcne^^TrlghX^^
'Hf'»*'
Lucien Hills General Ticket Agent, S. P. PierMo
It will bo seen that the maj.irity of
the Boanl of uxnaan
OiiMtort f.
M.
preaent the Erie Railway iut/rr.t.
Otcar Townsend, retiring Precidant, trti appoialwl
cwwal
manager. All the sabordinate offloera wen rMppolatad!
The
report 0/ the Direetort for the laat yei.r shows ih*
groM •aialoM
of the road to have be«n $4,578 170
of
80,
which $S,4tt,M9 3l
likiuiiNei.
Prom
From
From
From
»t.»*tiiA i»
BBs'lM
expre«
UoaZ
'....'.'.'.
M
MM M
transportation of mallt
mlBCellanooua Boarcea
Total earnlnga for the year.
la
MB
M
M,(IW,H)
It
ttl'
The operating expensea were:
For conductlnjj tranaportatlon
For motlvo power
For maintenance of way
For malntenancu of cars
For general ezpenaea
tMrtBOM
1
.'...'.'...
W
W
lu'tlS
'iWllTtt
lUlM
.'...!!!."
ToUlaxpeniei
tl
T4!n4 30
|S,U7,(»0 »7
M
Netrevanue
tl. »!,''»
The earnings, as] compared with the preceding year, were
follows
Incrcaae from rrelj;hts
Increase from pasaengera
Increase from express
;
..."
Total Increase
Decrease from mlBcellaneoni •oorce*.
8M
TS
0)
m^j 471
75
7
..'..'...".'...'.'.".".'.'.'.'.'."
Increase of earnlnga over prevlona year
$281,041 84
of this year exceeded those of the preceding year
f4dr,'?13 11, sbowintr adecrenso of net earnings, as compared with
previoue y.-ar, of 1125,891 77. The proposition for a lease of the
road to the Pennsylvania Uailroad Company was referred to a
committee, to report at an adjourned meeting. J. D. Cameron
was re-elected President of the Northern Central. An injunction
against the proposed lease was afterwards issued in Baltimore.
Philadelphia & Erie Railroad.— The report of the Board of
Managers shows that during the past year the total receipts
were $3,980,752 89. During the same period the expenses were
''."^.''".[.'.'."WW.
Total
;
;
•e'Plo" OT.r exp«D*M for tb« rear »aa
tlie eompany'a total lurplua $310,413 01
'*•' P*"' 'n J'vldend., The ..^-u fuT up $1»:
,,'o"L!i'-'*<*-**^
772,972, including ntarly $2,000,000 lu atock of other
railway aad
traniportation compaLles.
'^^''
r«'?if2'?Q'"''.''''!
VSH.WM 1«. wbich
makea
Bogton, Hartford
k
Erie.— The Tribun* mjt
lo regard to tbia
four leailing iaterrat*.
The Erie
Railway Company have guaranteed $5,000,000 of the Aral mortgage bonds of the road, under certain condliioDS. and (hit is
now
a subject of litigation then there are tl.e bondholder! who
bar* received no Interest In thr.o year*, and are anxioua to
loiecloaa;
thiraly, the contractors who built, and tlioae who
famished tap.
;
ll,'530 41
The expenses
.'.".'.;;..'.'.'.
H» 87
^46',7il 79
833 1(>^ 92
l,S89J9i 33
(»8,Ta8 90
tSiO
plies for the load, all asserting that tU.-ir claims
abuuld taka
precedence of all others and finally, the stockholders, riiiinasiitail
by Frederick A. Lane, President, and the B ard of
DliaelonL
;
It is no secret that for months pa.>t a few wealtliy
men ba*a baaa
buying up the mortgage bonds 0/ the road, with the iDtentioa of
foreclosing as soon as the necessary forma of law can be compltad
with, and a considerable amount of litigation In which the road
is interested be disposed of.
Under a foreelotare sale all tba oat.
sUndlng obligations would be settled or wiprd out, and the nwd
would paatf into the posseaaion of the higheet bidder.
Union Pacific— At
whole number
the meeting in Boaton on Wedneaday, tba
of votes polled was 259,394.
The followinir wera
declared elected: Horace F. Clark, of
York ; John Doff, of
Boston Augustus Scbell, of
York ; Cakes Ames, of Eaaton
New
New
;
C
Oliver Ames, of Easton Sidney Dillon, of Council Blafb;
8.
Bushnell, of New York Elisha Atkins, of Boston Koyall E.
RobDlns, of Waltham F. Gordon Dexter, of Boston E H- Baker.
of Boston Joseph Richardson, of New York George S. B.>w.
doin, of New York Frederick Nieketaoo, of Boston, and 0. 8.
Chapman, of Canton, Mass. The Board elected Horace F. Clatk,
President, and John Duff Vicn-Pres.dent. The Di rretora adjooraad
to meet in Boston on the first Wednesday lu Joof uext.
;
;
;
;
Gross earnints In
..$8,1)60,781 89
1871
..
ParMM: Om.
;
road: There are at prtTient
bX.'401
'.'
Vle^Prealdrnt, H. E.
;
Flint
m
ftKOglT 98
......,,
Conducting transportation.
Motive power.
Maintenance of cars
Maintenance of way
Net earnlnga
Pr.-ident, H. B. Horlbat
eral
transportation of freight
trannpnrtatlon of pauengen
trttiisportatl.mof
•»»'^»""I/1«e««i lh,toiJowt.g«
SMI.SdSTS
;
;
;
;
Increase In 1872
$438,489 14
Account with the Pennsylvania Railroad Company
is, debtor
12,070.802 54; credit, 11,496,88(5 25 balance, |573.986 20.
The
dividends received from the Oil Creek Railroad have been
paid to the Pennsylvania lUilroad on account of interest on the
bonds used in tlie purchase of that stock. The July dividend
only was received in the bonds of the Oil Creek and Alleghany
River Railway Company at their market value, and are still held
by this company at available assets. The report says, in relation
;
casli
to dividends
NotwlthaUnding the flattering Increase In the buslnesa of the road, as
staled, your board regret to say that after paylnj; all necessary expenses no
margin is left to admit of our declaring a dividend, however small, to the
•tociholdem. This result Is due In part to the expense consequent on the
bnrnlngof Linden bridge and to the purchase of a large amount of iron at
nigh p'lces for track renewal, but mainly to the peculiar character of the road
being a single track 287 miles long, with only the necessary sidings for passing
trains, and traversing In ihat distance two mountain summits at an elevation
of l.ViO feet above tidewater, with an Interval of only 85 miles between them
and with grades from 58 to 104 feet per mile on either side, where the separation of freight trains and the nae of extra motive power Is rendered Indispensable, thereby increasing the cost of grading It beyond that of ordinary
roada in the countiy.
The Maine Central Railroad.—The stockholders of the Maine
Central Railroad held recently their annual meeting at Waterville.
The report of the President, Judge Rice, shows that the receipts
of the road for the year 1871 were |1,566.210.25. For the year
1872 they have been $1,936,479.20, showing an increase of
$870,289.04.
The operating expenses for 1871 were $1 ,094,688.97 net earnings for 1871, $471,671.28. The operating expenses for 1872 were
$1,820,641.39; net earnings for 1872, $606,887.90, showing an increase of net earnings for 1872 of $185,269.(;2.
The receipts haye been from passengers $877,408.72 from
freight, $947,805.19
from other sources. $111,265.38.
;
—
•
;
Ala.
says:
A Chattanooga
lU— The Savannah
R.
(Oa.) Adt4rtittr
The bond committee,
in their report to the Legialatnre, rmva It
as their opinion that the State was liable for her indorsement of
the bonds ot the Alabama and Chattanooga Railroad. However,
when the question came ui> the House refused to adopt tba lasolution oSered by the Bond Committee, declaring tba bonda
valid and binding. The Senate, however, decl'<red them valid ;
so the two houses failing t
Iiarmonize, the question remained in
statu ^uo. During the past sesiiou the Senate passed a resolutioa
declaring the bonds valid, but when the resolution came to tba
House they refused to concur in it, and the matter Is at a deadlock.
Prominent lawyers, familiar with the status of the eaaa,
claim that Georgia will lose about $60,000 by this neglect on tba
part of the Legislature. That amount baa already been expended
by the State on the'road, and now it is stated that Alabama will
apply to the Supreme Court of th- United Stales by a writ o( injunction against 'Georgia to dispossesa her oi any part of the road,
and in this suit she will be joined by many ciliiens of Northwest
Georgia, who are contractors, 8ttb-c<'>ntracior«, laborer* acd stockholders in the enterprise. A reterenee to the receiver's jonda of
this Company appears in another coliunn.
.
—
Cleveland, Mount Vernon & Delairars. It is reported that
the Pennsylvania Company have advanced $1,000,000 to tba
above road to complete its connection between Dreadan and
Oxford.
Gilbert Elevated Railroad.- It
la
-again suted that tba oon-
tract for the construction of a section ot this road on the west of
Broadway,
York, to the Central Park has l>een awarded to
England Iron Company, that $5,000,000 of iu bonda
the
have been sold in England, and that a large amount of stock baa
been sold.
New
New
Indianapolis, Bloomington and Western.— Arrangements
have been completed by the officers of the Quincy, Missouri and
Pacific Railroad, with C. W. Smith, representing the Indianapolis,
Bloomington and Western Railroad, backed by the Pennsylvania
Pacific Mail.— The Directors of the Pacific Mall Staamship
Central, by which the former road will be finished to Browns- Company held a mreting this week, the proceeding* being withville, Nebraska, as fast as practicable.
Mr. Smith, under the held from publication. The TVibune sors: "It is understood,
new airangement, will become President of the Quincy, Missouri however, that one of the results of the meetings for the past few
and Pacific Railroad. The election takes place this month. As days has been a negotiation for the purchase of the veaael* of tba
Dart of the arrangement, the Indianapolis, Bloomington and California, New Zealand & Australia Mail Steamship Company,
Western Railroad is to be bnilt from Havana, LI., to Quincy at four in number, and named, respectively, Nevada, Nebraska,
once.
Daily Bulletin.
Dakota, and Moses Taylor. One of the officers ot the oompanr
said that the vessels bad been secured at a price would b« agread
Clereland, Col., Cincinnati & Indianapolis.—The annual upon as soon as several experts, who were to examine
th<m,
meeting of tlie stockholders ot the Cleveland, Columbus, Cincinshould make their report. It is expected that the purchaaa of
nati and Indianapolis Railroad Company was held March 5.
these veeaels will involve the expenditure ot about $l,C00,00O.
The following directors were elected: P. H. Watson, New York
General George B McCIellan, New Tork
Tho Maryland Court of Appeals has decided the long pending
S. L. M. Barlow,
New York J. J. Cisco, New York W. B. Duncan, New York litigation between the Georges Creek Coal Company and tiie New
F. Schuchardt, New York
H. E. Parsons, Ashtabula R. R. Ran- Central Coal Company, in favor of the latter affirming the validney, Cleveland H. B. Hurlbut, Cleveland L. M. Hubby, Cleve- ity of the latter's charter, and givinff them the right to bniid a
land Stillman Witt, Cleveland T. P. Handy, Cleveland R. M, railroad to one of their mines, which tba former company at*
Shoemaker, Cincinnati.
tempted to prevent.
;
;
;
;
;
;
;
;
;
;
;
;
—
—
CHRONICLE
fWP.
:i2H
(To MMEiiciAL
187;5.
Export* or liCadlUK Articles from New York.
The lollowingtable,compiledfrom Custom House returns, shows
Commercial ®imes.
Qi\]^
tMarchS,
the exports of loading articles from the port of New York since
1, 1873, to all the principal foreign countries, and also the
totals for the last week, and since January 1.
The last two lints
show total values , iaclading tha value of all other articles besldei
those mentioned in the table.
Epitome.
January
Friday Night, March 7, 1873.
pxceciilingly cold and unsoasonable weather throughout
the whoh; ol thn past w.'ek, little progress has been made towards
the opening of wh it is termed the " spring trade." Still some-
With
cat.-m»-T«
thing has boon accomplished towards improving the condition of
our streets, and less dilllculty has been experienced from the ice
in the harbor. The ^reat trunk railways have been partially
relieved (by the termination of the season for most descriptions of
game, and by other circumstances) of the crowd of "perishable"
merchandise upon their carrying cipacity, and promise better
Bupplies of staple products, which.'jit seems, will be much needed,
as the lateness of the season threatens to cause great delay in
the resumption of inland navigation.
The following is a statement of the stocks of leading articles
of domestic and foreign merchandise, at dates given
i
^ ^.
-t*
^ L" ta
-s
'•
'-
zj
—
'NCOS
- o c^o/w; »-"^i- ob j3
_o
o» 2J OS JS
•3
22
«o*
I- a- o*
—>
co
ct.
ssss'^
*3S
o-N
Os s
'^ «« 90
:
1878.
tce.andbbla.
Pork
bbls.
bales.
Tobacco, foreign
Tobacco, domestic
Coffee, Kio
Ooflee, other
Coflee, Java,
Sugar
Sugar
Sugar
68.57J
18,827
Melado
Mousses
Molasses
Hides
Cotton
Hosin
Spirits Turpentine
50,4.58
39.95:1
«,597
30,701
7,153
29,537
CD
ao,4:3fi
14,l«i)
21.604
12,745
803
'.(.912
1,717
6,000
30,000
92,000
9,600
40,400
59,874
49,289
7,153
1,172
17,650
7,5-25
122,111
54,0!I4
3,871
5,211
7,700
400
403
bags.
21,100
6,300
101,500
5,500
26,400
5,400
91,100
8,000
bales.
bales.
4:1,950
1.57,070
20,177
69.900
bales,
Linseed..".
Saltpetre
bags
ManilaHemu
4.3,074
31,10;)
.5.354
QttnnyBags
Jute and Jute Bntta
:5SS3SS
1.
3«.3li:i
bbla.
bags.
casks.
bales,
Cloth (Cal)
,
March
hlyjs.
No.
Rice, Carolina
1.
iSfiSi
hhds.
bales.
bbls.
bbls.
bbls.
Tar
Bice,E.I
Feb.
39,794
17,609
88,561
113,917
77
bags, etc.
,
Gunny
1.
(il,ai2
hhds.
10,0ii7
bags. 116,K5t
bags.
41,780
mats. 26,529
hhds.
15,164
boxes.
27,747
&c
1873.
,
March
Beef
sa
-.3
to t-3;
^T^CO CO
:S^
•
to
ec^^
•
-^
CO
-
-
o
:
''£
S
18011
76,i>49
IX'H
j-j
2
S Miner)
t-o
too*
S"
:SC2S
|3
is
92,400
90.859
64,3:38
•
7,749
2,071
13,837
2,666
26 lOil
5.400
68,600
8,500
152,800
56,3)0
Provisions have ruled iirm. Pork has been fairly active and
has advanced, new mess having sold in a jobbing way at $1.5 87J,
and in larger lots at $15 3.i for March, $L5 50 for April, $15 75
for May, and $10 for June. Prime mess quoted $14'al0 for
Western and city. Lird has been very active for March and
April delivery, the sales in the ]>ast two days amounting to about
35,000 tcs., at 8 y-16c. for March, and 8 ]l-16®8fc. for April, with
Bome for June at 9^c. Bacon has shown some advance, which
has served to check business to some extent long clear has sold
at 7ic. for this month, and short c'.ear at 8|c. Cut meats have
been in moderate demand, and dry salted shoulders have sold at
5J'36c, while dry salted short cut hams of from 14 to 20 lbs average have brought 10f@lljc.
pickled hams of about 14 lbs.
weight have sold in tierces at lac. Beef has been quiet. Butter
been
in pretty good demand, and fine grades are
has latterly
firm. Cheese has met with a fair demand at steady prices prime
to choice factory, 16@17c. To day, new mess pork sold freely at $ 15
75 for March, April and May, with ,$16 bid for June, and 500 bbls.
extra prime for April at $12. Lard was active at 8f c. for prime
Western, sell-^r April, and 9c. for do. May. The export of cheese
•
«
c* 1—
•
o
not
-^
S>
•
s
g8'
{>
c»o ^
o
to-*!"
e-
t-.
• i-i
I-
•
Si8
:
ss
:
— -^ oO
S
O
50
a> at
OOrf
o
^
COiO
W
'^
IS
rH
"
3t-
;
u
.
-eOW^C)© -O
"
s;
•
•
:Si
8
.ojo
;
•
"T^taj•
Q t-
©»
.
iQ
.
^^
CO
as
CCtf>
^ —' O
,
'
tatr
CO
Cf'
a«0
;
week
about 7,000 boxes.
Tallow has been in active demand and firmer at8 13-10@9 l-16c.
for fair to prime. Cloverseed, with a falling ofi" in the export
demand, has declined to 8i@Sfo. per pound. Whiskey declined
to 90ic., and recovered to 92c., ^ith free sales.
Rosin declined to
f 3 60@^3 05 tor strained, at which a large business was done,
and the close was firmer at $3 70. Spirits turpentine has been
dull and drooping, closing at 60c. Petroleum has further dethis
•g :S5S
•
:a
'
1<1S
a
Vrf
s^
is
id"
o
:
a>
b
S
a
t-
:§SS
:2g8
:!8
:|
.
:
^
.
e4
•
O 00 M I-
OS
clined crude, in bulk, 81-c., and refined, in bbls.,181((il9c. Oils have
been steady, with some late business in crude sperm for export at
$1 52J@$1 55. The sales of wool by auction have developed
lower prices of 800 bales Cape offered on Wednesday, only 100
bales sold at 34335c. The pale of miscellaneous wools yesterday
52 :2S
;
:
:S
!
C4 o>
;
went
with fair spirit, but low prices, including fiir to good
domestic fleece, 50@60c.; poorer grades do., 40@49e.; Cape. 32^
84ic.; English Noils, 38i@46c.; domestic pulled, 33@44c.; scoured,
50@72c. 'i'lie prices realized were from 5c. to 1-jc. below late
asking prices.
The market for Kentucky leaf tobacco has been very quiet, and
the sales for the week aggregate only 100 hhds., mainly for home
consuraplion. Prices are, of course, quite nominal. Old crop leaf,
ll@15c.; new crop, lugs, 7i@SJc-, and leaf, 9@13ic. Seed leaf
tobacco has also remained very quiet. The sales have been
crop of 1871, 300 cases Connecticut. 55@65c., and 300 do. Wisconsin, 9@9Jc.; crop of 1870, 200 cases sundries, 9iffil3c.
Spanish
tobacco is in very large stock, but has a slow sale; 400 bales
off
•
3
3
:
:
•
C ©< ^
•
TO iO
•
•
lO
:asg
o>
:S
:S ••-'
2g^
5 O?
:% :p:g;?S^J
M O O* ^• M
.rl
•
C-
:
.
:
:
•
-00
.
CM 00
5-H
5«
.
SSS
.CO
:
:§ :2§
ill
CO
3
:
Havana changed hands at 95c@$l 10. Manufactured tobacco quiet.
Freights have shown scarcely a new feature. There has been
but a moderate amount of room on the berth for British or Continental ports, but the offerings for shipment have bean small also,
and rates are without improvement. To Liverpool.by steam, grain
at B^Q^d., cotton i@5-10d.; bacon 40s., and cheese 50s., have been
the ruling rates. Petroleum charters have been mostly in vessels
to arrive at irreguiar rates. To-day a Liverpool steamer took
corn at 6Jd., with bacon at 35s; and a British bark from Phila-
Hamburg with refined petroleum at 6s. 61.
Hides have I'emained quiet, but of leather 34,000 sides have
been 'aken for Liverpool and Hamburg. East India goods quiet.
Metals without new feature, except a movement in ingot copper
to the extent of about seven million pounds for summer arrival
«1 1-
•S8
i
SS ^
8
:S
.
:
-I
TH ^M <0 iN C.
I.*
^
:S :S
•o o
Hi^
^ "" "
SSS
^-^""-^
ooj
5"
go^
gs
^P^pO^^'d,'
.Si
delpiiia to
and
delivery, at 30c.
^
.-
«a
C
(S o
I
•o
Sip g pi|s lal'i sill Ills' ili 5 »"s|,
(Bf-H
^-B
e
:33
.
S March
8
.
:
foUovrlnjr table, co^u;>ile(l from
(Juatom Hoaae return*
•HOWS the foroiga imports of leading articloa at
Jan. 1, 1873, and for the same period of 1872 and
Same
atuce
Jan.
Same
time
lluitt
1873.
I8i2,
1871.
1
Since
Ian.
Metals, Ac
Cutlery..
3,0«l
r..013
73,00»
Earthenware...
Olaaa
Ulaaaware
Olaaa plate
Buttons
Goal, tons
Oucoa. biiffa..
ColTee, bags
Cotton, bales
Drugs, AcBaric, Peruvian
5,841
1,11.5
1,201
6.881
ll.Svj
28C,28l
V2
t.»i
4.M2
2.122
71.601
6,831
I,*75
l,«lt
!6,U88
4.167
6!>,91i
boxes
bags
6,514
g,955
5,*177l
4,iiaj
5,:1J3
6,009
Tea
l.6>-
1,861
1.213
7,.'65
801
Tobacco
Waste
127
UU
476
Oambler
:,1II2
Uaddur
494
131
5,831
M
4,
Opium
3:1
Ut
bl-carb....
Sodii sal
7,710!
7,SJS|
12,SI5
4.177
8oda,aali
8.874
9,4.50
2.3('4
5,810.
Lemons
671|
1,100
Oranges
Nuts
8:3.
1.970
1,2U4
1,134
1.227
1,42<!
lialslni
Hemp, bales
Hides,
Bristles
Hides, dressed..
28,8541
32,678
23.077
311
2,487
230
Cndla rubber
Ivory
Jewelry.
14,413,
jflax
Curs
1,!M0'
Qanny
cloth
868.'
Hair
Ac-
j'9€orks
Ac—
199
181,480
10,736
!
t21i.715
23.1.X1S
16,683
l2,Mt
690
M3
514
42.232
i3,aB
16.8
11
2.' ,41"
70.4S«
18,2«3
23,686
ai,9v>
4,633
<3.«<3
216
a9,l<S7
120 618
23.AS6
:5.252
80,189
168.123
238,99:
192.917
a93,Oli9
559.815
338.242
2606,(56 2,502,518 2362,947
130,F81
121,910
4,233
Ac—
Cassia
7I.4W
U9.3M
Olugor
Pepper
27.073
6,TJa
40.S3S
5,137
137 414
3.509
Woods-
9:il
15.150
Logwood...
Manogany.
48,990
11,912
57,941
72,7*1
7,r61
135,894
23.95
Tl'.O.'W
Fnatlo
6,821
Oulf
cnttoiiN
Taaadav
.litii,
•
-
•
>
1
;
buiI
an
a further dcclini- of Jr
iitimulati.-d the oxport demand.
Tod«^- tlio miuo »t
furibcr reduced ic.. inaMiiK Jc. aince la*t Kr'.dar, w*
ever, lending to much buainni, and the i;
,.,.,j
weak.
There haa beim no ciianre In the price of
Urf.
For
fntnre delivery the market opened flrtn, an<l v....,...,.
-1 ..- .-#
buovaocy. I.jite Mondav ana eiirly Tueixlay acrounta lpool were more favorablo, while up to that limn the r
the porta, as reported at the Cotton Kxclianfre, ahowed a UliinK
oft of ab<mt 50 per cent as compared with the prccMjinK week.
Tlio hi<;heat pricea on Tuea<lay motning were; for March 20|c
for April 20§c., for May 20 IMfle-, for June 21 JUCc., and tot Ja\j
31 1> lOc; but the market broke before noon, the advien (fom
Livernool being leaa favorable, receipta at the porta a;.'aia on a
liberal scale, and there followed a atoady decline, which haa baen
continued during the remainder of the week. Tivday the eaily
months were comparatively ateady, but the later montha Ull off
1
l-l(J<8ic., the whole market cloaintj weak, March ar Hog alter
'Change at lOJc. The prices for futuren laat reported were (btMla
low middling) 19 lS-16c. for March, 20tc. for April, 8<Hc. for
May, 20 15 10c. for June, and aOic for July. The total aalea of
this description for the week are 122,2.'>0 balea, iiirluding
free on board.
For Immediate delivery the tutal aalca foot
I
up this week 10,074 bales, including 7,078 lor export, 3,7t0 for
consumption, 376 for speculation, and ... la tranait.
Of tba
above 403 bales were to arrive. The following are the cloaiDf
qaotations to-day
Xaw
Dpiaad «a4
Mobile.
Florida.
Ordinary
..per lb
Oood Ordinary
Strict G.odO.dlnary.
Low Middling
Orlaana.
'.
Cork
251
114,136
113,1104
«7.29«
832,823
5J(90,
41.
30378
193,Tie
Saltpetre
Molasses
3<7,284
16.417
8,783
773'
Unseed
^,674
r.jm
263,811'
278,06.1
Hides undressed
130 Spices,
3.293
10,625
137
403
Ac—
19.911
8<,'9>
6:8.111
t3>9.2S9 I2«I,T03 t249,84«
6.278
11.183
6.027
229,:66
81.819
S99.2 8
102,U33
6,80;
81, 1»
25,450 Fancy goods
9,613 Klsb
7.6i8 Fruits,
iKIce
Jewelry
Watches
;i4
90.M4
ai«.(M
'
4,9^1 Clifiirs
Si)dft,
1
1051
101.448
A
607
Wliioa
2,1 (2 Wool, balus
l,t98,Artlc1UR reporte
by value72
2,1.•»
95
I,3W
l!2M
10I,:U6
•^.ul7
1156.1.16 1,742,12!
W,172
a9.1i2
«H
WlooB, Ac—
294{ Champag*e,bks.
836
i;oJ
Oil. Olive
1,9S1
'.3,0.1
1,58a:
;
essential..
mil.
Till, boxes
ISO.ai
:6<jii
Tin slabs, lbs. 1261,089 !,603.5»8
.- Ilaus
18,431
n.Mo
197,3'I7 Suicar. bhda., tea.
Abbls
613:
49,033
30,237
Urlniatone, tons
Coctilucal
Cream Tartar..
Ola,
time
(111
Bltia powilura..
VIS
Same
9,83{
'
1,887
ira^eahM b«M
1'liiiri>(lBy
•1,
307,'t<il
in«nlar tka pMt
•
•
tluiu
t8T2.
72.SS6
:7.«81
piffs
Spelter, lbs
Steel
4,829
i,6l2
Tlie market for apot cotton baa been qalto
fonitlderable nieaeare to aell t<
aiiiinront, r««ultii)(f In lower prieaa for
ordinary of ail f^rnwtba wan rwl>
week,
ne8:i for exp<irt in
Saint
!,452
Iron, lUi bars
Lead,
327
•
Hardware
l>,»87
Sugar,
Gaui, Arabic...
IndlKO
1.
I!ri3.
Uhlaa, Glaaa and
Barthaiiwaru —
Cblna
thlv port aiucb
1871:
glvoiiln packsi;ea when nulotharwlioBpeciaed.l
U
[Thequiiutlty
—
.
THE (HRONia.^
8, iSfs.]
Imvorla or I<e«dlnB Articles.
The
X
:
H8.763
21.459
M.578
•>
Middling....."
COTTON.
eoodMlddlIng
Friday. P. M., March
7,
1873.
By
special telegrams received to-nightfrom the Southern ports,
are in possession of the returns showing the receipts, exports,
Ac, of cotton for the week ending this evening, March 7. It
appears that the total receipts for the seven days have reached
82,307 bales against 105,588 bales last week, 109,153 bales the previous week and 122,052 bales three weelss since, making the total
receipta since the first of September, 1872, 2,708,164 baies against
2.393,827 bales for the same period of 1871-72, showing an increase since September 1, 1872, of 505,337 bales. The details of
the receipts for this week (as per telegraph) and for the corresponding weeks of the five previous years are as follows
Below we
i«K»:.".r
:«V(ft...
i«X«....
:•
i^K*..
i>Ka..
a....
19X«...
joir* ...
23K»....
»
..
18H<».
S..
the aaiea of apot and transit cotton and priea of
Uplands at this market each day of the paat week
(rive
:
we
:
Kaoalred
this
week at-
Ifew Urleana
Mobile
Charleston
isn.
bales.
Texas
JTorth Carolina
1.
Virginia
Total this
23,6511
2.493
3,455
5,196
2.883
5,953
89.796
8.739
8,630
13,428
R.87S
15,663
663
1318
6.782
351
1.417
1.216
3.763
3,176
1,48(
8,769
4.0-14
15326
37.418
5.921
3.239
For March.
S.256
S.118
7374
4,l2:i
7.9.-i3
4,151
8.274
bales.
.83,.1(I7
2,793.164
1
50,063
2.392.827
73',197
136,53)
season
of last
1.703311
sTSi/iSi)
1.619..'M0
March
7.
a. Brit.
Trance
Stock.
Total this
Samew'k
week.
1872.
ContlB't
NawOrleas*.
Mobile
34.735
4318
4318
Oharlnfton...
4.235
2.501
4.614
5.6-0
821
4,239
Savari'.ah
New
Vork...
(Mhuiporu..
Tot-il
iBce
Sept.
1
57.439
1,164.215
50.:i9
11.968
3.476
15.995
3,168
9,791
5.680
744
3.176
179.189
1372
73H
4.762
1,150
....
:7,753
10305
878
1,971
I3,6Sl
793»
817322
1,690,726
I
49.621
,376.166
BXOBIPTS
PORTS.
187.612
48.121
29.173
49,709
71.445
96.408
28,000
2lll,0«l
515.494
4!I0,4»5
90.018
23.21X1
54.:.91
37.085
91.520
SO.OCO
:=T2.
ib7l.
Mew Orleans
878,452
Mobile
Charleston
271364
Texas
271310; 161309
72 321
77.854
ail833l
S33.897
Hew York
le,^16
45313,
S6.231
Other ports
14,884
42,6J1
Total laat year
69.339
2715357
Total this year
....
Britain! France
714,968 398,821
260.552
331.IIM
79.079
S92.V81 16t,I8S
303,107, 222.783
.... 1242,764
Other
<
9«3«2
276317
128,972
1.073
10,929
27,613
5315
2,0»
156382
7388
2231
94.437
16,836
24,177
682.979
81.264
112,S!2
286.220
121,633
30«,1.'4<!
job
7,170
1104,T7«
17S.71S
m,««s
201,122
47.546
2!.,169
57 2'!
16.411
90,b«8
431
10376
41361
2.5.'W
294,696
4.814
11.669
20,-76
....
2'.,U00
....
«i
129,187
189,863
l«2,004
188 X!l
67,392
1611.187 1081,100
140321 206.130 13^6.^45
7*169,
»«
.20
20
no not.
100nonot....90)i
3339t)toial March.
For April.
6lh
30'1«
600
100
200 s. n
20
20 3-32
4301
70H
3.900
S.4nO
1.800
M6
lOOnocot.
till
ISth
«0O
X%
•.S8
.»X
3UW
2300
JOS-ln
S30O
6300
It0
9-lt
20
»K
7-H
eta.
30...
.Sil-al
..._n
«*0...
TOO...
.m-u
1310...
4.»0...
:.«8li
Xtjaa total April.
For May
2300
t.ou
»)<
w
t-ii
2VIMt
100
»%
UO)
3,100
»o
»\\-l
io2»ai
..a*
3.250
201-32
no not
bale*.
..J»».i<
IMIM loui Jmn.
(or July.
ton
.MO
.«!<
as-il
Wli-i)
1.100.
10300
>M
m
2015-1*
I.IOU
»
WJCW toul May.
m..
J0«
.„
SIM
2D0
Iij.ll
w
ii»il
:.¥»
For June.
800
!»%.»
i/eo
UN
l/M
-,.vy< total Jaly.
The following exchanges have been made daring the week :
20 3-16
20;vii
SOH
paid to exchange 100 March for 1(0 April,
Jane for a«> July.*
March for SO April.
May.
1.000 AprU for I/UO July,
**
200 March no notice for 300 Jane.
le.
The following will show the closing prices each day oa the
basis of low middling uplands, for contracts for the several months
S-llc.
%t.
Ic.
**
"
'•
•
auu
SOO
100 April lor 100
named:
Saturday.
March...
...
20 9-16
April....
...
10»-lt
iUy
June....
July
:::SVi.
Monday.
Tbanday.
Tneoday.
»X
2UH
aoK
raaay.
l*U-lt
so
Sl(-li
JOS
2V1S-I*
.
»>•
I*
11 l-l<
ZIK
5«
Weather Reports by Tbi.eorapii.—It has rained two days
slightly at New Orleans the past week. At Mobile it haa rained
...
21H
21
on one day preparations for planting ate very backward. There
has been no rain at Selma. At Montgomery it has rained one
day the indications now are of fair weather. It has also rained
one day at Augusta, Columbus, Charleston and Memphis; oar
Memphis telegram states that the rivers are now falling, that the
crop is being marketed freely. The thermometer at CfaarleMon
has averaged 42, Montgomery and Columbus 43, Macon 48.
;
;
Stock,
For'gn Total. Ports.
2,538
1S.406
aeo.iM
wise
t
209-H
.201-16
berore 171b. ..30K
3.ino
100
wc.
ZPOBTXD 9IK0B SBrT.lTO- Coas^
Qreat
.
,>«c.
1872.
1873.
From the foregoinij statement It will be seen tbai.comparea
with the corresponding week of last season, there is an increase in
the exports this week of 29,918 bales, while the stocks to-night are
24,999 bales more than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to Feb. 28, the latest mail dates.
North Carolina
9,P0O
200
100
13J0
:
Kxported to—
Weekending
S.9<»
30
els
43on
JO,',
20O no not. ini
«) 5-16
6th
8.200
n
fore 20th.
The exports for the week ending this evening reach a total of
79,539 bales, of which 57,439 were to Great Britain, 3.470 to
France, and 18,624 to rest of the Continent, while the stocks as
made up this evening, are now 515,494 bales.
Below are the
exports and stocks for the week, and also for the corresponding
week
wa
19IM6
.00 «.
44,589
1.450
9.100
19V
2,400
_4,a!_
bales.
no not. this
week. ...19 13-16
£00
1,130
l.(!48
n
•.CO t.
2.40O
463
cu.
no not. be-
fore mb...90U
balea.
iOO
eta.
2U0 no not. be-
week
Total since Sept.
1870.
4.311
7,701
6,279
112
Ac
"•lorlda
1871.
12 562
5233
6303
Bavaanuli
Tennessee,
1372.
free on board)
For forward delivery the sales (inelnding
have reached during the week 133,250 balea (all low middling or on
the basis of low middling), and the fallowing is a statement of the
aales and prices
543310
6116.911
Supply and Consomption or Cottos.— An
article
with regard
will be fMiad
to the supplv and consumption of cotton for 1873
call the attention ot
in our editorial columns, to which we would
our readers.
Stock of Carrow in New Yob* Kkb. 28.— Mr. n>*ri«« A
Easton Chairman ol the committee on ataiiatirs of New York
Cotton Exchange rejiorts the stock in New lork. Feb ra, as fol
In warehouses, 76;»5 balea la Brooklyn, 8,W8 bal(i|
lows
:
;
.
.
:
.
.
.
;
: 11
1
1
THE CHRONICLR
328
[March
1878.
8,
same period last year. The receipts have been 5,892 bale*
more than the same week last year.
The exports ot cotton this week from New York show a de"
BOSTBAT SHIPMENTS. According to our cable dispatch received
to<iay, there have been 23,000 bales shipped from Bombay to Great crease since last week, the total reaching 5,680 bales, against
Britain the past week and i3,000 bales to the continent, while the 9,021 bales last week. Below we give our table showing the
receipts at Bombay, during the same time have been 42,000 exports of cotton from New York, and their direction for each of
The movement since the first of January is as follows. the last foui weeks also the total exports and direction since
bales.
These are the figures of W. Nicol & Co., of Bombay, and are September 1, 1872 and in the last column the total for the same
j>eriod of the previous year
brought down to Thursday, March 6
on wharves, 5,583 bales
;
on Bbipboaid (not cleared) 8,717 bales
at the
total, 90,858.
—
;
;
:
f-Sbipraeats this
1878...
1372...
1871...
week
Great
Con-
Brltala.
tlneat.
23,000 12,000
21,000 8,000
16.000 8,000
Con-
Qreat
Bntaln.
Total.
35,000
39,000
24,000
Week't
^Sblpmeats since Jan. 1 to—,
to-^
Total,
tlnent.
128,000
199,000
115,000
49,000
75,000
38,000
receipts.
Exports ot Cotton (bale*) flromNeiv Tork (luce Sept. 1, 18TS
177,000 42,000
274,000 40,000
153,000 41,000
From the forejfoing it would appear that compared with last
fear there is an increase this year in the week's shipments to Great
Britain of 2,000 bales, and that the total movement since Jan. 1
shows a decrease in shipments of 97,000 bales compared with
the correaoonding period of 1872.
—
Gunny Bags, Bagging, &c. The market for bagging- has
ruled very steady the past week, and both holders and manufacturers are firm. The sales since our last have been as follows
600 rolls on spot at 13c. cash, 500 rolls on spot at 13^c. cash,
1,000 rolls Boston at 13c. cash, 500 rolls summer delivery at 15c.
quote prices for immediate delivery at 13@13ic. in
cash.
Boston, and 13i@13ic. in Uew York. Contracts are held at 14ic.,
July and August delivery, in Boston, and ]5@15Jc. would be
about the price lor a contract, June to October delivery. For bags
there are several inquiries in the market, but we hear of no
quote
sales. Buyers and sellers are a little too far apart as yet.
prices asktd as i5@15^., according to weights. The sales of
butts have been rather "mailer than usual the past week, and are
as follows 75 bales at 2 3-16c. cash; 300 bales part at 2^c. cash.,
part at 2ic. time 1,000 bales at 2ic., and partly 200@300 bales
more in lots at 2J@'Jic. cash and time. Owine to email consumptive demand the market has fallen off a little from closing
clip the lollowing from the latest cirprice of last week.
cular of Messrs. J. C. Rogers & Co. " Gunny Cloth Stock 26,500
Only sale this month 300 bales at 9^0. cash. The import
bales.
has nearly ceased, owing to prohibitory duty, only 330 bales on
" This
the way from Calcutta, and advices of January 17 says
article has ceased to bs an article of export, and the manufacture
has stopped.' Domestic bagging has been active during last half
of the month, with sales of 16,000 rolls including spot at 12^c. to
13c. March delivery at ISJc, April at 14c., contracts March to October at 13J@14c., June to October atl4iB., C. O. D. Mills are not
running full force, and stock in the country is much less than
March 1, 1673, when it was 8,689,000 yards. Gunny Bags— Stock
quote 15@15io., according to weight."
5,440 bales.
:
We
We
WISK XNDINe
Feb.
Feb.
19.
12.
36.
9.258
19,718
1«,711
Havre
8,778
9,368
lime
to
date.
prev.
year.
5.
8,775
5,622
381,531
168
3li6
94»
5,680
231,897
348,7-6
3,046
881
119
Other BrltlBh Ports
Total to Gt. Britain
Sam*
Total
March
Feb.
SO
30
78
30
SO
78
242,827
Other French ports
1 otal Prencb
Bremen and Hanover
Hamburg
3,046
1,000
17,152
4,593
8,265
286
1.188
32,036
6,747
Other porta
Total to N. Europe.
168
349
Spain,Oporto& Qlbraltar&c
All others
isi
Total Spain, &c
134
Grand Total
i;i«6
19,866
9,278
5,680
9,031
2,741
1,198
308,720
352.719
;
;
We
The following are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the last week, and since September
1,
1872:
—
KBW TORK.
BOSTON.
PHn-ADBLF'tAi
i
BjU.TI](ORZ.
aaoB'Ti rsoM-
This
week.
This Since
week. Septli
This Since
Since
This Since
ISept 1.1 week. Sept.l.i week. Sept.l.
<
1
I
I
:
We
Visible Supply op C^otton Made up by Cable and TelkSRAPH. By cable we have tonight the stocks at the different
European ports, the India cotton afioat for all of Europe, and the
American afloat for each port as given below. Froir figures thas
received, we have prepared the following table, showing the
quantity of cotton in sight at this date (March 7) of each of the
—
two
past seasons
:
1873.
1872
588,000
188,000
196,000
13,500
43,000
68,000
31,000
30,000
50,000
13,500
287,000
39,000
629,008
182,000
197,000
12,750
New
Orleaos..
Texas
Savannah
2,923
1,2101
3,897;
;
Mobile
1,076! 27,085
...,l
6,38911
....I 30,60a
....| 6.661
70,387!!
37,327
124,4151
I
1
i
Florida
S'th Carolina.!
N'th Carolina.
Virginia
North'm Ports
Tennessee, Ac
2,474 1!
188!
98611
....I
146!
12,362
I
1,145
|
2,630
172'
I
4.4391
89
2,670
3021
Foreign
123,49711
23,503;
159 852,
.'.'.'.I
891
323
5,605
9;
77,82.')!i
ToUl last
;|18.580' .%37,12l'!
624,724!
lU.Oll
820; 82,161
....1
1,097
62.690.
693' 12,1891
105.
15,«75||
68;
18,332]
292
7,628
3831
16|
r)9,876l
1,680
Total this year)
year.!
10',568
....|
....'
I
1.<I8!
9,099
••••
2,299 219,526'!
975:35,743
1,584! 78,714
4.369'l62,49l'|
1,5J9' 45.428!l
8,5971 70. 854
—
Shipping News. The exports of cotton from the United Statei
the past week, as per latest mail returns, have reached 58,380
bales. Solar as the Southern ports are concerned these are the
sameexDorts reported by telegraph, and published in TheChiionICLE last Friday, except Galveston, and the figures for that port
are the exports for two weeks back. With regard to New York,
we include the manifests of all vessels cleared up to Wednesday
night of this week
,
bales.
Stock in Liverpool
Stock in London
Stock in Havre
Stock in Marseilles
Stock in Bremen
Stock in Amsterdam
'
Stock in Antwerp
Stock in Hamburg
Stock in Barcelona
Stock in Trieste
Afloat for Great Britain (American)
Afloat for Havre (American and Brazil).
Afloat for Bremen (American)
Afloat for Amsterdam (American)
Total Indian cotton afloat for Europe
Stock in United States ports
Stock in inland towns
Exports from United States this week.
^.
.
.
15750
23.000
110,000
515,494
103,029
79,539
58,000
13,500
15,000
70,000
10,800
199,000
26,000
18,000
15,500
364,000
490,495
88,108
49,621
3,417,063
3,454,334
41 ,000
:
Total bales.
Liverpool, per steamers Atlantic, 904. ...City of Montreal, 1,605.
8,523
.Idaho, 1,000 ... Spain, 2,0:3
To London, por ship Cariebrook Castle, 158
158
per ships
New Orleans To Liverpool, per steamer Maharajah, 3,455
Assam Valley, 3,S96. .. .ISfile, 4,263. ...per barks J S. Harris, 1,815
....Atilla, 1,369.... Heiress, 2,356
16,884
To ScUly Islands, Eiig., for orders, per bark Admiral Tegethofl, 2,575. 2,876
To Antwerp, per bark Libra, 1,248
1,248
1,500
To Cronstadt, per bnrk Neetor, 1,600
To Reval, per ship Southampton, 3,955
8,958
To Barcelona, per brigs Dos do Miiyo, 411
Llasat, 8'5
...
1,216
685
To Genoa, per brig Profeta, 565
3,606
Mobile— To Liverpool, per ship Lady Russell, 2,605
2,886
To Bremen, per ship Clara Killam, 2,385
2,889
Charleston To Liverpool, per ship James Duncan, 2,8S9
Savannah— To Liverpool, per ship Herbert Beech, 3.400 Upland and 73
Sea Island ...per barks George, 1, 108 Upland and 63 Sea Island
Sales, 2,053 Upland and 20 Sea Island
8,716
To Bremen, per barks Atalanta, 1,700 V pland ... Grace E.Cann, 2,130
Nbw York— To
. .
.
•
"
'
—
.
. .
—
.
Total..
These figures indicate a decrease in cotton in sight to-night
of 37,382 bales compared with the same date of 1872.
Movements of Cotton at the Interior Ports. — Below we
—
give the movements of cotton at the interior ports receipts and
sliipmen's for the week, and stock to-night and for the corresponding week of 1872
Wuek ending March 7, 1873-, .—Week ending March 8, '72
Shipments. dtock.
2,763
2,649
14,502
691
176 12,646
510
b09 11,182
447
960
8.409
6.59
670
4,878
10,060 41,100
12,849
1,!02
10,312
1,257
Iteceipf*.
AngUBta.
Columbus
Macon*
Montgomery
.
Selma
Memphisf.
Nashville
.
.
.
.
19,176
16,492 103,029
Receipts. Shipments. Stock
2,092
2,743
398
335
302
359
808
719
599
737
9,337
9,480
471
881
18,284
15,967
16,187
8,518
9,159
6,133
3,996
38,666
8,479
88,108
*0n count of stock at Macon to-daj the stock was reduced 573 bales.
tThere vas an Increase found in the Memphis stock (on a count made to-day) of
a,«9« bales.
The above totals sliow that the interior stocks have increated during the week S,108 bales, and are to-night 14,921 bales mor* than
Upland
To Barcelona,
3,880
per bark Ana, 800 Upland
800
Texas— To
Sciliy for orders, per bark Schiller, 1,575
•To Cork for orders, per brig Gerhard Erdwln, 581
To Bremen, per bark Jason, 960
Baltimore—To Liverpool, per steamer Hibernian,
Boston— To LlTerpool, per steamer Hecla, 41
San Francisco— 'To Liverpool (via Panama), per
1,678
681
960
776
775
41
,
40
40
Total
...
The
particulars of these shipiaents, arranged in onr usual
arenas follows:
Bre-
LiverL'Jew
i-f
York
ew Orleans
.Mobile
Charleston
Savannah
Texas
Baltimore
Boston
Ban Franclaco
Total
pool. ScUly.
5.522
....
16,854 2,575
2.605
....
2,359
....
....
8,716
1,675
775
....
41
40
....
86,912
4,160
Ant- Cron-
men. werp.
....
1,348
3,888
stadt.
1,600
68.880
form
BarceReval. lona. Genoa. Total.
8,986
1,216
688
....
SOO
8,830
960
5,680
38,018
4.990
3,859
18,846
8,116
776
41
40
7,175
1,348
Included iu the above total* are, firom
from Texas, 681 bain to Cork.
1,600
N«w York,
3,955
158
3,016
balM
to
565
58,360
London, and
—
.
March
:
Below we give
all
news
to vessels carrying cottua
received, during the week, of di«utera
from any port of the United States
Marblebrai), S82 tons
(of Providence), Coltlna^ uiled from OslTMton Nor. IS,
for Liverpoul.wltti 1646 bales of cotton and hoa not ilnce
bwurd fromIt la feared alie haa been lott In Dome of the hear; niei which have pr»vallod on the Atlantic 8lnco tier departure.
GXTTTSBDita, Walker, from New Orleaoa Feb. 17 for Havre, with
bale*
cotton. 540 ticrcea lard and 4^40 etavea, ran aabore on liOO Key, Florida
Reef, Feb. 'iS. The Coatit Wrecking Company'a ataamer WInanta waa
rendering aaaletance. The
waa got off night of March 1, tranafarrlng
between 400 and 600 baiea cotton to the wreclang ateamer, and la on bar
way to Key West
RiasAKOH (Br.) Owen, from Oalvoaton for Qneenatown, arrived at New
Orleana Feb. 35, leaky; would dUcbargo her cargo of cotton and repair.
Vabuxa (1318 tone Iron), Kerr, from New York Jan.
of and for Liverpool,
waa abandonded at aea Jan 30 : crew landed at Liverpool. 8be had a
cario conalstlng of 66,0Sa bashela corn, 9I>> bbla renin, &>» tiercea hutL
1S7 Dales cotton, BS bbda tallow. 833 bbla flour and 10.040 sUvea.
West Dirbt, iBr.) The amount of aalvag* and expenaes at Key V7eat on
•hip West Derby, from Mobile for Queenatown, was $13,896 39, which
had been paid Feb. 21, and the veaaela waa to leave 23d, not aa before.
bMD
MM
G
&
em
a
•ztraa
to thla port la 48».000 bales of
(OOOl)
Total
siilea
60,000
4,000
2,000
441.000
117,000
896,000
314,000
Bales for export
Salea on speculation
Total stock
Stock of American. ..
Total afloat
American
afloat
Feb. 88
61,000
4,000
8,000
498,000
JCarch
67,000
4,000
3,000
626,000
196,000
660,000
865.000
176,000
401,000
318.000
7.
78,000
6,000
6,000
888,000
266,000
489,000
287,000
The following table will abow the dailv closing prices of
Sat.
Mon.
Tues.
Wed.
FriceMld.0pl'ds. 9)i(6.... 9X®.... 9Xa.... OX®..
"
Orleans. 9%@ 10 9Ji@ 10 10©.... 10 &....
cotton for the week:
Thnrs.
Fri.
Trade Report.—The market
and onchanged.
Mancheater
for
yams and
fabrics at
9J<(a
«X 9Ha 9X
9J<aiO
p. M..
Hontban, wtota.'.'.'.
and Caaa^i
Black
Chicago Blzad
"
Rye,
—
l$m.
Bom* , t t .tfa.
.
Sine* time Jan. For tha
BIbc*
week.
Jan. 1.
I, int.
waak.
Jan.
1.
48.78(1
io.ni
104.440
8.287
e«,«H
M.S7S
'."•
18.066
i
.
For the
st.aoo
118,402
7«a,»it
<ai).7M
8,042.170
8n,M7
480
l,89S
1.418
M.«0
2ae,8»
eoo,o«
March
7. 1878.
favorable turn as regards shipping grades of flour, spring wheat
• foUotni„
„^
,
177.088
1,004
^
.
WW.
—
J.rt.
For the
waak.
,
Blaea
-
IIMM
n.a8B
t.m
»u,m IIMM
tjuijm m.»M
U.U2
,
«« TTmt
1
M^ifgj
l"in^ |fl
14»
IffLfli
....
uau
MLSra I,3S8,«n
l,36S,«n
e«,M8
M8.M8
7M
4,H1
HO
The tollowlng tables, prepared lor Tbb Cbrobiclb br Ut.t.
H. Walker, of the New York Produce Exchange,
^eOniu
„-, ahow lb.
in sight and the movemant of Breadstufli to the latest
.
Barley, Ac.
dates
l.«M
••m
:
OBirTS AT LAUt AHD RITKB
KABC
1,
PORTI FOR TBI WXXX KHDDIO
1
TO MARCH 1.
Wbaat
Oom uata Barley. Rye,
AMD FBOM
Floor
bbla.
ACO.
baab.
(l«6lb«.> (AOIba.)
88,ttO
188,100
...
OWcago
Milwaukee
S.4M
100.0M
Toledo
Detroit
6.011
7.188
80,714
88.128
8.200
114,680
^....
Cleveland
*J.8B0
88.980
Lonla
Duluth
St.
Toul
W.488
Previous week.
Oorresp'ng weak. '71.
"
'71.
'TO.
'69.
88,371
90,000
71,861
117.008
880.841
818.491
112.518
261.962
487.480
119,M9
8a6.(<ei
1
to datcT. .8.174,649
UMOia
Same lime 1871-71. .. .8.147.778 8ll«,6n
Bams time 1870-71.. .JI.86L,878 81,648,787
Same time 1869-70. .. .8.131.609 34.&M.409
week has taken a
for breadstufis during the past
«
Wealem
Uata-N«w
baab.
bnah.
baab.
baab.
(Mlha.)(««lb..*(ttlba.) (Mlka.)
864.878
10.877
172,000
81.018
19.280
178.685
UJM
140.1
10.710
48.147
11.887
17,880
»J40
1,800
8,188
14.400
n4,8»
K108
1.014.706
1.080.807
48^640
477.161
144.17*
114,818
1.06t,7W
M1.487
MI.104
402.528
iaa.817
181.811
48.106
81M97
116,840
Fridat
The market
It
I
I
Ky»-Huu
80
,
^
quiet
RE ADSTUPPS
I
Wklu.WaMwa
8 18
.
Total Aug.
B
k
MS
H
.
9J<(aiO
la
B«d wwura.
Anbar tfo.
Whiu.
C«E»-W«S}WB I
Honthcm ablpp'g nlru.
Wbll* Waatan, *«
Rye flunr
Barley— Weaum
Com meal— Waal«ra, «kc
Canada Writ
Oora Heal— Br'wio*. *e
Paaa Canada
—^
The movemant In breadMufia at thU niarket haa baan
•—amoBom at aaw Toaa
.,
azroara
raoii
-
which 987,000 balea are
Feb. «.
14.
n
n
brands
Southern bakara* and fa
mlly brands
American.
Feb.
7aiSi«
TaoaTw
7
.
Bt TOLSaRAPH FBOU lilVKRPOOL.
—
j
City ahipiilng ezlraa. ..
City trade and family
;
LiTuipooL, March 7—6 P. M.-The market haa ruled quiet to-day,
with Bales footing up 10,000
bales.
Including 1,000 bales for export and speculation. The sales of the week have been 78,000 bales, of
which 5,000 bales were taken for export and S 000 bales on speculation. Tho
stock In port is 688,000 bales, of which 265.000 bales are American. The atock
Uaaoi.
WktM--lfo.li»rliiCkMk.$l
.—
Mo. t tprlDg.
1
M«- lott e n
dodonble exlraa
7 SBA t
do winter wheal ezlraa
and double extraa
7
kll 79
.
1084(ai08i, and Commercial, 107@107i.
Freights
closed at
S-16d@|d. by steam and i(g5-16d. by sail to Liverpool, Ij^l^c.
Sold by steam and Ic. by sail to Havre, and fd. by steam to
[amburg.
bbl.
xtia Bute, Ac
Wastam Spring Wheal
—
bound
•:
829
Floob.
BopartD* Bute and Wett
UOLO, EXOHANOE AND B'REiaHTS. (iold has Uuctuated the
past week between 114f and 115}, and the close was llSf. /lour, bbla.
0. meal, "
Foreign Exchange market is weak.
The following were Wbaat,l>na.
the last quotations: London bankers', long, 107 j<3107j short, Oom, '•
of cotton at sea,
—
:
THE CHRONICLE
ia78.]
8,
«
.
186.812
183,471
«Mn
tl.OTt
17,144
17.104
21,088
11.648
10,16
7.4M:mJ l.tll.012
8B.Me,f]8
34.230.011 17,808,816 8.818.880 l.»8,800
17.800,174 11.646,1M 4.786.ni i.i7«.iai
17,191,838 10.818,116 1.178.444 i,t8a,«n
78.801
KHlTlW
* Estimated
Sbipmekts of Flour and Qraiu from Chicago, Milwaukee
Toledo. Detroit, Cleveland, and St. Louis lor the week rndlDK
March 1, and from Jan. 1 to March 1
Oata.
Corn,
Flonr. Wheal.
Rye.
and Indian com, but in other respects has remained quiet, with
bnab.
Weekending—
baab.
baab.
hbla.
bash.
baab.
prices in some cases lower.
171.286
116.400
81.783
Mch. 1,1973
111.517
1I.68B
85.780
Flour has ruled firm, and low grades being in demand for the Feb. 22, 1873
101.707
83.180
142.018
149, r.2
ijtm
80.717
81.817
614.133
101.111
S.6U
Correep'uK week 1871 88,089
4^470
British Provinces and Great Britain, have recovered 10(326c per Corresn'g week 1871* 47.278
218,177
U.7M
11.878
87.238
1.84B
19.886
11.041
7.180
Common Western extras, which, Corresp'g week 1870* 16.788 101.864 143.646
bbl. from the lowest point.
880.717
Totaljau. to date.. 674.970 1.006.888 1,164,718 1.401.061
under a pressure to sell from the wharf, could be picked up in Same time 1872
848,544
881.881
u,iat
53U,170
889.703 3.989.716
8M.464
150,010
81,M4
Same time 1S71*
299.062 2.138,760
431,889
lots of 1 or 200 bbls. at $6 75(%|6 S6, cannot now be had undei
»1.14S 104,666
Same time 1870*
578.618
871.067 1.280,780
i8i,088
$7, and we heard of |7 30 being bid for a large line of a well,
St. Louis not Included.
known brand. The better grades have been rather more salable, KBOBIPTS OF FLOUR AND ORAIN AT 8RAB0ARD PORTS FOB THX
and prices firm, but receipts being again pretty liberal checks any
WEEK ENDING MARCH 1, AND FROM JAN. 1 TO MARCB 1.
Barley.
Corn,
Oau,
Rye,
Wheat,
Floor.
advancing tendency. Rye flour has materially declined. To-day
baab.
baab.
bnab.
bnab.
bblb.
bnab.
At
19.860
416
110.730
89,800
New York
48.888
13M04
the market was quiet, but very firm.
S.MO
hS.611
800
64,000
8,428
14,184
Boston
Wheat has been more steady, and in spring growths there ha^ Portland*
1,808
11.880
20,000
3,800
1.106
11,200
...
10.880
Montreal
been a good degree of activity for export, including No. 3 spring PhiladelphU
181800
77.800
84.800
88.800
MIB
201118
MO
17.860
107.800
12,300
H,828
No. 8 Chicago, |1 58@$1 62i No. 3 Milwaukee, BalUmore
at |1 54@H 55
78.048
52,671
17MI1
Orleana
New
the
lower
at $1 63i®|l 67, and No. 1 spring at |1 73(»$1 75,
48418
806.2T1
484.788
154.716
196317
ToUl
Local millers have done but little, as
figures early in the week.
41.200
I
.
;
;
wheat, owing to present scarcity in this market, is relatively
higher than flour. White wheats are irregular in quality, and
prices cover a wide range. Receipts at the Western markets
continue largely in excess of last year, and the visible supply in
the United States does not diminish. To-day three loads of spring
|1 64<a|l 68 for No. 3 Northwest and Mil.
waukee in store and afloat being Ic advance.
Indian corn has latterly shown some improvement in the demand, and holders have l>een able to establish a slight recovery
sold for export at
Shippers have purchased moderately, paying 631(564c.
in store, and 66(366ic. afloat, for old Western mixed 64i@66c.
for new do. aflcat, as in quality, and 65i066c. for new Delaware
yellow. Receipts are moderate and the home trade improving.
For May delivery there have been sales of about 100,000 bushels
in prices.
;
prime Western mixed
at
61c
afloat.
To-day the market was very
quiet, but holders firm.
Rye has sold to a limited extent at 93c for Western in store
In barley there have been some closing out sales on private termi^
understood to be at some decline,
Oats have been pressed on the market, and have declined fully
per bush., with large salea oi prime new mixed at 49c., and
do. white at 51c. To-day there was a firmer feeling, and prime
2c.
old
mixed
The
Previous weak
Feb. 16, 1878
Cor. week, -Tl.
:
114,980
143,086
143,808
Total Jan. I to data. 1.160.294 1.466,791
931.383
Do. same time 1872. .1,007,476
.
•
Two
193,M6
401,917
806.1tn
471,804
808.119
Iff.llS
3,806,839 2.648.116
M14.285
HO
85.886
8O1886
606.471
1.6r
13
1.919.588
weeks.
The V18I BLB Sdpplt of Qrair, Including stocks in store a*
tho principal points of accumulation at lake and seaboard porta.
t, 1873
In transit by rail, and frozen in New York canals, March
•—
"-•"
Oau, Barley,
Com.
Wheat.
—
bosh.
Is store at Kew York and afloat.
I'tore at Albany
-I
InsioreatBnflUo
In store at Chicago*
81.ft«
rIS-Pf
••'2-SJJ
.SSS
S'^
In store at Toledo
In store at Detroit
In store at Oswago
InstorealSt. Loois.
In store at Boston
SJ-iS
V'lS??
*ii21
»»4
»,
Instoreat Toronto
In store at Montreal
Instoreat PhiladelphU*
Instoreat Baltimore*
Ball shipments for week
Amount on New York canala
S'S?
•E'SSI
gkOOO
-ff'SSS
'Il'5Il
b*,'"
7.1K745
Total
••
"
..
«
"
bnab.
1.688.610
7.000
I36.011
3,681.187
89.666
:
baak.
8M.7a7
K.100
6lk4n
11.116
1.684.ia
HUM*
166.17*
lU,Mi
766!6i'i
I47J88
lOJH
78.511
116.000
888,148
17.777
78.186
880
864,060
110.000
101 .ia>
171.410
80.«n
«.4n
«.]«
11.104^100
1T.1
as
81.1H
171.M8
114.467
47JI6
11060
8B.W1
9,m
3.8481000
lM68.4n S,«1.3I0
HU-^l
8,487.181
Feb. 1&73 6J80.4i5 t0,19&S«
••«**? S,«1.«l
6,016.778
Feb. 8/78
9.8n.lt6 8.414,711 LlllllOi
D«C.*1,JI •.J4M'?
Meb.S.Tl 9.819.211 U.S96,BM e.ni.ia« i.ir.«
Total In atore and in transit Feb.M. 73
*BatlJDatad.
771. »42
.12I-21?
In store at MUwankae
In storeatDnlnth
in store brought 51o.
following are closing quotations
188,046
186,888
118,440
—
:
THE
S30
:
CHR0NIC3LE.
GROCERIES.
[March
on
large refineries are running
Pbidat Evbkiso, March
7,
; :
full
and
time,
1873
8,
their productions supply the
demand for the moment, and check operations on the part of other refiners
who prefer closing their works to running at a lo.ss. Refined shows a little
1873.
There has been a lack of animation in the grocery market more steadiness at the close, and the indicadons are that the bottom has been
reached. We note sales of .1,450 hhds. Cuba at 7;i(g«>^c.; 1,755 boxes and 80"
daringthe past week, and the tendency of prices on almost all
hhds. Centrifugals, 9Sia9%c.; 268 hhds. Porto Rico, 8%@9Kc.; 550 boxea
This is due to the stag- clayed, 8Ji@9;ic.; 167 hhds. and ICO bbls. Demerara,
articles has been in favor of the buyer.
to the trade, at 10@10fic.
nation of business by the blockaded condition of roads in the 101 hhds. Martinique, 7Ji®8c.; 7,666 bags Manila at 8 1-16C.; 60 boxes Havana
eountry, and to the stringency of money both here and in the atSXc
Imports at New York and stock in
Culia.
Cuba.
CofTee has drooped considerably, and is shaded a fracfrom our last quotations. Sugar is easy and off a point.
while tea is heavy and is (juoted nominally. Foreign fruits Lave
been strong, and, in some cases, are quoted higher. Spices are
firm and rather higher.
interior.
tion
Imports this week..
"
since Jan. 1.
" same time, '7a
Ptock In
•
TEA.
now coming in are landed at a loss, the eflfect of these
added to the present enormous stocks In the country, the result of
year's accumulation, must nt^cessarlly depress our markets. The position
receipts
of the importing trade is a trying one. The sales Into distribution are
rwtrlcted to the running wants of the trade, and Importers are compelled to
carry the bulk of the stock. T^he market for Greens Is unsettled, and the
small sales effected have been at prices tending in favor of buyers. This Is
especially the case In the lower grades, the finer qualities being in
better demand, though lower prices have to be accepted to move these. The
(Mies Indicate an actual decline of l@2c. per lb. since our last. Japans are dull
and weak, and these, as well as Oolongs, are quoted nominally In the absence
more
of trade. Other grades are flat and nominal. We have had three arrivals
during the week, the "Aurora Australis," from Amoy, with Oolongs; the
"Jas. 8. Stone," from Shanghae, with Greens, and the " Dcvana,'' from
Yokohama, with Japans. The sales have Included 5,000 half chests Greens,
1,900 do. Oolongs, and 200 do. Souchongs.
Imports the past week have included 507,305 lbs. Black, per " Aurora Australia," from Amoy ; 56,2.59 lbs. Black, 626 075 lbs. Green and 41,264 lbs. Japan,
per " Jam«»8 S. ^ tone," from Shanghai, and 88U,665 lbs. Japan, per *' Devana,"
from Yokohama.
The following table shows the Imports of Tea Into the United States
from January 1 to date. In 1873 and 1672
Japan.
Gfeen.
21.4.16
32,411
:
HS
2,431
1M0.125
214,722
97.1US
8,312
9,ie5
26,:i00
SOS
7.8«6
1,510
1,3I'5
67.547
129,290
373.371
10.S31
14.486
34,005
420
9,320
Refining operations are being extended somewhot, but the direct importations of refiners have supplied their wants for the most part, and the current
sales of goods for their uses are extremely small. The stock of Cuba Is well
under control, and amounts to only about 834 hhds., iBcluding grocery quail.
lies.
Of Porto Rico there arc 601 hhds. hero, which arc held at former rates,
with the reduction of slock progressing very slowly. The stock of English
Islands descriptions amounts to 117 hhds. There has been a fair call for domestic grades during the past week, and the stock is reduced to 7,500 bbls.
Quotations remain the same as last given, 75c. being the extreme for choice
goods. The market for syrups has not been very active, bnt with a light production prices are steadily maintained. Sugar syrups worth about 45c. are
most in request, and are scarce. "Black strap" is selling for future delivery
at 21(g,22c. in bbls., and 18c. in hhds. Sales since our last have included 350
bbls. domestic at 70@73c., and a few trade lots of foreign.
The receipts at New York, and stock first hands JIarch 6, were as follows
although the teas
Black.
19,892
1872
13T1
were as follows
6,
Other Brazll.MBnIla.&c.Melado
•hhds bafrs.
hhds.
ttiafrs.
Ulco.
•hhils.
234
2,113
316
2,874
25.416
15,033
SS,J43
hands.
1'.
inoiiASSES.
The position of the market as developed during the current week would
ladicate t conditlou of affairs not fully justifying the favorable view we took
of the situation in our last report. This is the season for heavy arrivals, and
last
(Irst
Same time
s.-sa
88.3'>1
hands March
first
•hhds.
bXB.
m
Cuba,
r.Kico,
Demerara,
Oliier
•hhds.
•hhds.
•hhds.
•hhds
bbls.
'is5
264
22!7(i9
iTiportstblsweek
"
since Jan. 1
"
'..039
9,730
2,567
Bametlmel872
S07
3^3
r.iei
261
514
same time -72
same time '71
"
"
4i5
1,801
7,579
626
Import* o< Sugar & inolasaes at leadlns ports
Total.
The Imports
Atlantic ports, 18'S... lbs.
4.96S.629
5,204,6"5
5.2:^683
15,383.387
Atlantic ports, 187j
4.69»,056
6,0«6,23U
lj,305,8U3
13,070.931
The indirect receipts nt New York, principally overland receipts from San
Francisco, have bci; 12,210 pkus. since Janimrvl. against 41,197 last year.
Imports at San Francisco from Jan, 1 to Feb. 15, were 70,245 lbs. of China
and 396,190 lbs. of Japan tea.
from January
7.500
5,000
«,(,00
tilnce
-sugar.—
....
1873.
38,^91
1873.
58,81.1
43,-.07
Philadelphia...
Baltimore
New
The market for Brazil cofl'ees has been weakened somewhat during the past
weak by the adverse reports from Kio and the apathy prevailing here. The
61,351
«,i;3
62,767
3.661
'.5,360
Orleans...
Total
telegram of Feb. 6 advises accuoiulatlng stocks and very heavy receipts, with
prices down to 91600. The sales on American account were not heavy, and
the shipments and loadings were small. Exchange was up a fraction, but
whilt that offsets a portion of the decline it does not prevent the news from
having a depressing effect here. It Is not likely, however, that the holders of
coffee here will be induced to make very liberal concessions while the supply
remains as light as it now Is. not only In this market but thronghont the
interior.
Values have already yielded a fraction from the highest point
reached during the late excitement, and the arrival of the cargo now due may
reaolt In a further light decline, though the stock will be landed at a bare
profit if the current prices are maintained. The Jobbing demand for the week
has been fair in the aggregate, but bu^rs are taking no more than they need
to meet actual running requirements. The lower grades continue scarce, and
are firmly hold. West India coffees have sold to a fair extent, and continue
to realize full prices, though the market is duller at the close. In sympathy
with Rio. Java coffee has been quiet, but closes steady. The sales include
3,865 bags Rio, ex "Ontario;" 3,260 bags Laguayra, ex "St. Thomas," at 19^®
19XC.; 1,97* do. Ceylon, 620 do. St Domingo, 235 do. Savanilla. and ISi mats
Singapore sold in lots for consumption, and 2,720 bags St. Domingo exported
to Europe 3,500 bags to arrive at Mobile, ex " Catharine ;" 800 do. at Baltimore, ex " Campanero ;" 2,003 do. ex"C. R. C," and 500 do., to arrive, ex
"Virginia Dare," 500 at Galveston, 200 at Savannah.
Imports at this port the past week have included 7,214 bags Laguayra
p«r "St. Thomas," and ROO do. St. Domingo, per "Isaac Oliver."
The stock of Rio March 6, and the imports since Jan. 1, 1873, are as follows
7,012
3.153
10.397
12.114
3.862
3,770
11,316
;;2
1,964
,
•llEds.-
1872.
Boston
COFFEE.
Jan.
I.
of sugar (Including Melado), and of Molasses at the leading porta
1, 1873, to date, have been as follows
,
New York
<8.!i89
117
472
456
69!
"
"
li.d.
tBags
,
1872.
25.980
2,798
2,392
ll.JlO
1873.
227,233
340.137
25,825
arf.ni
10.000
217
E87,I93
593,195
42,647
— Uoiasfles.
—
•Hhds.—
,
1872.
218,022
1873.
11.479
2.5)1
1.921
1.012
711
1872
3,906
17,684
16,201
3.714
7,734
607
ISO
tierces aiKl barrelfl reduf ol to hlida
t Includes baskets, Ac, reduced.
•
liieln'llntc
WHOI.ESAI.E PRICES OCRRENT.
Tea.
Hyson,
Common to
fair
Superior to fine....
Ex. flne'to finest
do
do
foung Ilyson, Com. to fair.
Super, to floe.
do
Kx.Anetoflnest
do
Bunpowder Com to fair
do
Sup. to fine..
do Ex. One to finest.
Com
Imperial,
do
do
to f'*lr,..,
SuD. to fine
Extra fine to finest
@
85
50
45
65
80
45
75
05
60
9
@
@
®
el
®
m %
®1 15
a 50
®
® 92
70
jt5
53
Bii
43
Ki
HO
37
57
75
Hyson 8k. & Tw.C. lo fair.
do
do
Sup. to fine.
'lo
do
bx.l.loUn'st
I
0ncol. Japan.Cou). to lair..
m
do
Sup'r to fine...
<»
Ex. f. to finest.
do
@1
Oolong, Common to lalr
@
do Superior to fine
41 »
do Ex One to finest. ... 7t'
Souc.&ConK., Com. tordr. 55
do
Sun'r to line. 40 «>
do
Bx. r. to finest. 68 @I
I
m
I
I
-.0
I
45
65
05
15
12
05
55
ts
Cemee.
Rio Prime
gold. 20K920M
gold. Hl^@20
gold. 19 @19)„'
gold. \11i®'.i\i
do good
do lair
do ordinary
lava, mats and bags
Javamats, brjwi
f?old.
@22
'20
Native Ceylon
i
]
81 Domingo
.lamHlca
1
gold. 22)^828
gold, is el9
gold. ISXelBX
gold. 18>i'«20X
gold. 16J<"17
Maracalbo
Laguayra
1
@19
....irold. 18
Mocha
1
gold
&,.,.
;
'
•
New
In Bags.
Btook
8»medatel872
laiports
"
In 1872
Phlla- HaitiNew Mobile, Galdelphla. more. Orleans.
&c. veston.
York.
29.5r(7
1'20.436
i>s633
122,631
3,0CO
4,012
30,170
27,791
87.502
63.938
Of Other sorts the stock at New York, March
ports since January 1, 1873, were «i foilIn bags,
Tav* and Singapore
Ceylon
Haracaibo
LsKuayra
5t,
Domingo
Other
Total
Same time, 18T2
18,812
10,114
61,150
41,502
6,
11,6S9
and the Imports
Total.
99,070
162.374
280,391
260,773
4,(100
18,109
19,400
12.000
8,212
1,293
'
,
I
NewOrleani new
•25,865
gall. 55
®75
Porto Rleo.
,83
®«0
Cuba Muicovado
82
ft
013
Raisins,8eeaieu, nv V frail.
do Layer, 1372, » box.
do Sultana, » 1»
2,267
4.0S3
7.7S4
42,910
•la^lndesmats.&c. reduced
to bags.
85
8,000
210
t Also, 20,871
104,787
108,891
mats
SUGAR.
There has been a very fair business during the^past week, chiefly In centrifugal and clayed sugars, which are still attracting the most attention.
There has been a fair call for
uscovado sugars, and good refining has been
,'Vf
pretty well cleared out. The basis of quotations has been lowered an eighth,
but the nngo i-< widened somewhat, owing to the scarcity of "good" sugars,
which re. iiAln ^U 85ic., while "fair" Is down to SJCc CentrlfBgataMinafti aP
previous rates, ami are llrmly held. The demand from refiners Is Improving
iomewhat, as the outlet for th«ir products is becoming pjore liberal.
A few
I
I
Cuba Clayed
Cuba centrifugal
@35
@19
®45
sp
17
35
English Islands
Fraita and Nnta.
fa
1,414
13,611
I
nolaaaea.
Boston. Pblladel. Bait. N. Orle's.
Import. import, import. Import. Import.
(2,250
7,6>0
Havana, Box, white
10V®UK
Porto Rico, refining grades...
7H® 8V
grocery grades
do
8)^@ 9^
Brazil, bags
7)^@ gj^
Manila, bags
7V® ^M
White Sugars, A
10K@10!<
do
do B
4>«a 6V
Jo Melado
10J<a
do extra C
do
lo molasses
7Hd ?k
10K3
Yellow sugars
Bav'a, Boi.D. 8. Nos. 7to9... 7^i® 8
8V@10li
do
do 10 to 12
lo
V<.%&
8X8 !l« Crushed
do 13tol5
Powdered
do
do
9S®10
llXia...
do
IGtolS
lOM
do
ftlOK
Granulated
<io
l\%%....
11
do 19 to 20
do
(in%
do'
I
at the sevei al
^New York^
stock.
Saear.
Cuba, Inf. to com. refining
7 @8
do fair to good refining.
SX
8><a '"'
'
do prime
.•&*%
do fair to good grocery.... 8j<@ 9
grocery...
choice
its^®
do pr. to
9K
do centrllugal,hhds.&bxs. 9)>e 9X
lo
do
Valencia,* ft
Loose Muscatels... .2
Currants, new
Citron, LeKhom (new)
Prunes, .French
Prunes, Turkish, old
new
do
Dates
V
1J>.
4
25®
2
10®
12J«8
7X®
85
®S
6>^®
35
1)i
65^
•a
12M®
3
®
at
Filberts, Sicily
do
12
Barcelona
,
I
:
«),!«
6H
I
Hit® 12H
V
Apples, state
do sliced
...
...
oo
do
do
Western
Southern, good
prime
6K®
n>.
8)4®
—
5
7
»i lb.
Smvrna
9 @
sliced, new.
do
7 5" !3,7 75
Peaches, pared
14
Canton Singer, case.
'20
do
unpared,qrs& hive 4
Almonds, Languedoc
..
20X1
Tairagona
Blackberries
do
IKX® 19
7
Ivlca
do
18 0t
21
18X Cherries, pitted
jPaeanNntB
Sicily, soft shell
» n>, g
do
m
Shelled,
Sicily...
3J
®
31
Hickory
Nuts
iibush.
do
..
Flirs,'
I
I
10
Sardines
•ardlnes
paper shell
DrazllNats new
v
hi.
*
ar,
I
\..m'
..;.-»
box. 81>iS 31
box. 2UHa 21K
11H9
im
1
i
12X
lliK
DOMESTIC DBIHB FBriTS.
1
7V®
®
@
113^®
..
Walnuts' Bordeaux
Macaroni, Italian
\
5
4
3S
Atrtcan Peanuts
I
15
3
dc
ChcitniitA
Peanuts. Va,i;'d
t.>
liiey ol
Or,
w
a
20
1 00
1
rt
11
18
5H
S
«t
®
<»
M
«
»
i
do
i:oii.!W
do Wll.,g'dtobe»ld».
®
®
®
sa
'22
10
....
,
.
75
«16l
,
:
March 8
THE CHRONICLE.
1878.]
Brown
Splee*.
.(.
Pepper, In bond... ...(trtil)'
!«
<ia Sania ra * Bjn(apara 11
Mhh «
... »
iJiMta,lneMm...got(I Vlb.
Cuata. lno»u....
do
'ii
ainRpr.Raceand Af (gold) lOiia iiu PInitnto, Jamaica
M«ee
do 117 9125
_ do la bond.
Votneci, caaki
n A M Clotei
'lo
caaeaPenaug
do
In bond
CloTcitemi ...
NAM
.
I
v
#
•nd
i^
l)U
(gold)
In
ond
ax« 3X
I
AdrlaOc
Atlantic A...
dintribution of dry goods in a jobbinfj:
wny
•
in trade, either in
moving
•
Width. Pric*.
March 7. ims.
has not been
M
XXM
u
,^
u
Amoakoac,
own
erations of speculators here, have produced a tiglitnegs of
money
over almost the entiro country, and the outlook for the spring
trad« is not of a most encouraging character. The distribntion
so far this season has been in unusually small lots, but the iigKregate has been fair, all things considered, and some of the lead
ing commission houses report their sales as footing up about as
do
7.....
m
do
..48
Ind'n Orchard
A..,
do
do
do
BB.
as
33
C.
,18
W.
SO
Laconia B .... .17
do
S... SB
io
O.... 39
Lawronce A
do
D..
do
J..
do
LL.
do
XX
do
y..
Nashua flne B
do
O....
do K....
.
.
so
Oamer* Co
:)«
40
nyi
do
The
gales of prints continue to be
on a
liberal scale, the
demiind
running mainly on medium effects in chocolates, " polka spots,"
padded and white grounds, and shirting stripes. Percales and
lawns are somewhat alow of sale, owing to the unfavorable condition of the weather for the distribution of these summer fabrics.
Colored cottons rale firm, with a fair jobbing demand for well
B...
38
do
XX.
do
l(ij<-18
Blacketone
AA....
38
Boott B.
«>i
Loom
do
do
do
Q
S
A
JX-14
H
36
36
ms
31
13X
33
14
l3;i
7-4
8-4
»-4
do
—
Domestic Woolbn Goods. Agents continue to work off
moderate amounts of goods for the Spring trade, but the move
meat is far from active. Clothiers have completed their pur
Poccaaset
Utlca
F
Albany
Algodoa
American
do
37X
Park, No.
47,H
though the utter absence of speculative
look for a later demand this year than
feeling leads holders to
usual.
Tlie slow distribution is effecting a gradual reduction of
the stocks
fancy cassimeres, and the market is steady at previous
tjnotationa.
The better grades are well cleared out, but the
offerings of low-priced goods are still liberal.
From second
hands the sales remain light. The stocks of spring shawls have
Aaoskoac
14
Great Falla A.
tl
19
17
Lsdiow AA„..
88 tO
88 00
M 00
Lewlalon
84
17
88
48
OnUrln A
•4
»4
Po«ba)UnA.
tl
BUrkA
do
B..
ttn
csbnah
do
00
80
00
90
88 00
Cotton Sack.
Sail dnik, tlln.-
Wdbry,
ay»
I
Fl'twlnc '
DrnId
Light duckBear dnck (8 oa.)
\
do henry /Boa.).
WontRarenalOln
.
u
84
Velvet, J. Croaa-
&
ley
Son'a
beat
do do
14
ta
ANol.. ta»
Tap Bmaaela,
17-18
18^ Cmaalejr* Oon'al
tO-1 40
Kug. Bmaaela. t tO-S IB
Hartford Carpel Co
BxtraSpljr
t Stjt
17
14-lS
18
lBi>erUI8-pJj..
.
10
80..
90..
80..
148
In
SuperOne
Med.eoper..
1 OO
Body Bnia S fia. 1 00
do
4 do 1 SO
do
8 do 1
16
18
»..
10..
30..
'Hemp,
IS
17
I
do ex
m
plain, 881b
plain, 88 In
NEW YORK.
March
0,
have been as follows
INTSRKO roR ooNsi-MTTTOH roR THi
:
1R71
Pk(t«.
do
do
808
797
6S8
stik
ftnx
Hlsccllaneona dry Roods.
Total
6,151
.
Valne.
WBU
sunms MABCn
1873
.
Pk^.
(836,490
l,4.'M
Mi.8>7
1.a«
1. 149
i.3t7 tl.07<(.llt
1.898,445
tS.811
7.040
1,093
781
«30.6<«
100,575
48,783
117
1,008
t,17t
1,418,506
»aOT.888
1S0.851
149.
J»
lM.9|fT
8l,»S8
»J
WO
«T8
ivna
•*«VS14
t;*B
14.8M
t7B0,ia
i\in
9,038. 4 !5
T«l«l eutored at the port. »,ilO »S,ttl.58B
89.843
W.«f7>TI
.
i*.{*.
n. 6
iM
ta^im
KTtT
S,fl7«
ti.8>un
7,8M
t.l0(.tt8
14,t80
K«».W
89B
MM
fn.»4
l.irs
U4.408
aa:
tot
>«f.OOT
8.118.908
Totnl
Add ent'd forconmiopl
sn,M7
1.884
IS^SW
iao.«
t487.8a>
1,107
80,844 |a.M8.8»«
aAMa raaioo.
omns
474
wkstt
7.M> tS,8M,<M
Tss ABarr omiite rni
$440,619
188,040
198 885
1I0.971
45,118
1S»,.1S8
rotalthrownnponm'kl 10,858 tA<8M19
SNTSRED »on WAiiBHocsrao
cotton..
do
i;o
atlk
do
BOO
flax...
do
Mlwellaneona dry goods. 1,154
tta^i
t«.«».«9
Toul
Add ent'd for consnmpt'n. 8,151
861
753
78^180
no
88.817
11,04^714
Mannfactarcaof wool....
990
t>«,404
888,900
818,438
$377..18»
A4<|rr
(BtaitOt
1.080
wool... 1,138
cotton.. 737
do
silk
IW
do
flax
1,839
do
MlsceUaneoua dry gooda. 1,011
dtaiinfactarcs of
Valne.
I.ttO
«,a9«
1.«9
19,6a
»«.418,9fl6
Pkra
ISRT.WS
eSI.'M
S88.8I0
114,109
8, IS18.
.
Valne.
n4.1S0
wiTimSAWN raoH w^nsaotrsa inn thiwwk ino
sAva psnon.
'
.
of
Manufactures of wool... 1.8S8
cotton'.. 3,018
du
ricB
American
dry goods at this port for the week nnding
1873, and the corresponding weeks of 1873 and 1871
The importations
.
—
have sold freely, and are fully maintained at the opening rates.
For most other lines of imported goods the demand has been
light, and the running wants of the trade have been supplied o
a large extent by the sales at auct'on, which have been rather
large, and haye attracted good attendances of buyers.
80
mPOHTATIONS OF DRT GOODS AT THE PORT OF
of
been opened by the agents for all of the leading knitting mills,
since our last report, but as yet comparatively few have been disposed of. The offerings are principally stripes, but include many
very choice styles.
Foreign Goods. The imports of dry go«ds are beginning to
run lower, and holders show a better feeling in the face of the
dull trade than they might were the supplies to continue to come
in upon them as freely as they did at the opening of the year.
The demand for imported goods from first hands has been rather
slack, dress fabrics alone moving with any degree of freedom.
Allot the principal lines of both British and Continental dress fab
m
Blerlinc
!8-14
18-19
19
C.
lOH
37X
«>4
il-4
33
8-4
«««
Hadler
Hulrnka
UM
UU
Okcrks.
do
do
do
do
do
«X
Daa-
40tn.
7X V ~^ do
Ilj^
rarpata.
Caledonia, 8..
chases for the most part, and will soon bo canvassing the market
for their fall assortments,
.10
.10
.
30-30
N. Y. Mills S8
PepporcU ..6-4
....
....
....
.
.
«7V
70
teli.
19
17
IS
14
B...
A
Oreen
It
gx
.13
Lonsdale... 38
do
do
do
A
70
ID
do 8 cord.
14-1
Amoekeai;
Arkwrlght....
Eaetoo
namlltnn
Jewett City...
Whittenton A.
do
BB..
do ....10-4
assorted lots.
I
'
do Caiubric 36
Ujf
Winimanltc. *
cord
Stripes.
Prnlt of the
ar't Falls
Clark'a, Geo. A.
TIeklBca.
do
A Co
IS
14
14
11
Amoak'g ACA.
do
A.,
do
B..
do
C.
do
D..
Cordle AAA.,
No. 1.
do
No. 8.
do
do
No. 4.
No. 8.
do
do
No. 8.
do
No. 7.
70
10
J. A P. Coafa
Clark. John, it.
U
Peabodr
Pcqna
Renfrew
Union
^
tM
ipool Cottaa.
BnM»ki. per 4os.
mo < da ...
14
Namaake
Park HDlB
10
K«l Croee.
Victory n
UX
Mancheater
Lewlston
-Mf
lUramiT.....
ManVllW....
Pennot
II*
B..
Hamilton...
H
14if-ia
Amoskaa(....,
llu
do
jB
<Ua>*d Caatkrtca.
is
14-lS
Olaagow
13
1
Peqaoi
llli
OIoBcester
Hartford
Lancaater
15
m
do C.
83
do R..
»8
KllcrtonWS4-4
Xaamkeacast
Domestic Glaskams.
I
HK
.
I0J4
RIchmond'a
11
SImpaon td Mourn. IIM
do black A white. MM
I
UK
Imp
tl^
Eaaton A.
36
_
Ind.Orch.Iaip
11 ji
Amoakeag
14
19
45
Ballowell
1|>|
Batei
Caledonia
CTrde
—
been so general this season as to materially affect the market,
which is fully sustained by the very small supply of staple
cottons in first hands. The demand for brown and bleached
sheetings has been more liberal than the agents for the principal
brands could supply, and sales continue to be effected largely in
advance of the production. (Contracts are made chiefly "at value,"
the tendency of values being toward higher rates in the future.
UJJ
W
|
18
Rirrr.. IOX-11
Ux UconU
.. llw
do
pk and par. 18
do BhIrtlDg
Wff
rtii
U
Androaeog'B est
lljf
namlltoo.
. .
17^
Canoe
Spragae'afan
Uii
heavy as for a like period In former years. This must be, howSO
ever, where there has been a number of cotton acoounts included,
27 W
.10
as the woolen business is far below the average. The principal
ma
do ....10-4
SXit
buyers at present are the heavy dealers in the interior, who are
do ....11-4
4S)4
do
taking considerable amounts, and have helped to make the trade
....l»-4
48
iri!oa
88
VH
from first hands during the current week aggregate a fair
do
48
27M
do
rn
ss
araoant. The advent of milder weather and the removal of the
Hue N'on 40V l»)i
existing obstructions to transportation here and in the interior Bl'ohod SliPolluK*
and
Khirtln;;)!.
may have the effect of reviving trade, though much of the early Atnoskeag.A.1ii
Iflw
do
.it
17
Bpriug business has been lost, and is not likely to be recovered.
do
48
ViX
Domestic Cotton Goods The attitude of the general market AndroBCOggInL..... 88
18
during the week has been about as last noted on all of the more ArkwrrtWTSn
17
86 le^-lS
important lines of cotton fabrics. Prices have ruled very strong Auburn
Albion
.4-4
II
for the most part, and rather tended upward, the only exception
Bartletts... 31
13
do ... 33
lax
being where the dulness of trade has indaced jobbers to shade
do
...
.16
I8J4
18«
prominent lines of cotton to push sales. This practice has not Batea. BB.. 38
.
tH
Lodl
Mancbcater
Merrlmae D dk.
18
IS
I4W
«r
tl
Uw
do moarnlng
l».)i
I
B
do CC
Qlouceator
li
IK
.18
HaxniakT Bro
OlI.AXA
du UB
PaclBc
II
14
38
40
88
38
doW.. 48
Peppcrcll.
7-4
do .... 8-4
do .. . 9-A
IS
0«ra«t jMiaa.
Bedford
Oochaea.j.
.IK
Bearer C>,
Cheater D'k
Kverett
Anoekaag
li
88
«8«
Amerlcaa.
HK
]«
n
11
MW
n;i
KX
..
Boatiin
Amoakeag
1.1
Indian IIoad.7-8
-
Amoalaag
AlgMM.T..
IMford
18
M,
U
s*
U
M
U
.
Albaav,
Print*.
18
11
It
M..
100
»«ala«.
M
Adriatic..
LacoDls...
&^.
to.,
Vn'i
.
iJ^
Cahot A. ... as
Dwl«lilX... 30
do
Y.... .»
du
do
do
88
SO
Wamaolla 40U
do UH
do
10
Broiro Drills.
i»X
Pries.
It
tl
Psrk, Ha. TO
I
do ...."»-«
do
8-4
do
»4
do b'lTV 88
do XX IO-«
u
S7
do a... 87
Appleton A.,
do
N. mi
An^iiriK.
an
BoiUord R... ao
Boolt FF .... 16
do S
40
do W.
4S
OonuatoKo D. S8
KoDD
ntlea
.
products or purchasing
goods. This complete stagnation of business in the country,
more especially the West aud Northwest, together with the optheir
M
an
M
m
M
Tery liberal during the past week, owing in a great nieaaare to
the contiaaed coldness of the weather, wliich has the eflect of
preventing consumers in the interior from engaging to any ex.
t^t
D...
dit
THE DRY QOODS TRADE.
The
A
Albion
•
P. M..
Asawani P..
do
Carolina
Friday.
Nb««tliiKS
Vhlrtliiaa.
Wldlh. Price.
do
do
do
illee.
KangooD drensd, gold
331
18.908 »4,0S8.514
:
THE CHROiaCLE
332
MIDLAND
n/
[March
Financial.
FinanoiaL
NAYLOR &
Co.
No.
WILLIAM STREET,
53
NEW
39
YORK.
Dealers In Bills of Exchange.Govemmonts, Bonds,
Stocks, Gold, Commercial Paper and all Negotiable
"llold Bonds
Completed Road,
on Deposits subject to Sight
Interest allowed
Draft or Check.
Advances made on approved
ISSUED ON THE
mONTCLAIR RAIIiW^AY
AND GUARANTEED BY
NETT YORK MIDI-AND.
securities.
Special facilities for negotiating Commercial paper.
Collections both inland and foreign promptly made.
Foreign and Domestic Loans Negotiated.
& Co
Robins, Powell
MONTCLAIR is the DIRECT and SHORT
LINE OP THE MIDLAND through New Jersey,
over which the vast accnmnlated business of the
New York Midland will oass. Its bonds are issued
on the basis of about half cost. It is a home road,
running DIRECT FROM THE CITY OF NEW
YORK,
Government Securities, Gold, Stocks, and Bonds
bought and sold on Commission.
Deposits received and Interest allowed.
assured of a large business and a fine
It is completed and running regular trains.
AliliEN,
STEPHENS &
CO.,
WALL
W. B. LXOK^BD,
Bankers,
NEW YORK.
STREET,
W.
C.
SHBLDON,
W.
H FOSTBE.
Leonard Sheldon&Foster
NO. 25 PINE STREET.
BANKERS,
Gold Bond.
8 Per Cent.
Government, state, Railroad and other
desirable securill^s. making liberal advances on same
aLow interest on deposits, deal In commercial paper,
furnish to travelers and others Letters of Credit current In the principal cities In Europe.
Interest Payable ((aarterly.
Completed Road.
Gibson Casanova &Co.,
BANKERS,
Flrat Tflortgage
OIVL.Y 916,000
PER miLE
IiOgansport, Cra^vrordsvllle dc SouthTrestern Railway of Indiana.
BKNDERING THE LARGEST INCOMK OF ANT
riRBT-CLASS RAILWAY SECURITY UPON
THE MARKET.
EXCHANGE PLACE.
GOVERNMENT SECURIFOREIGN EXCHANGE and GOLD bought
TIES,
and sold on the most favorable terms.
INTEREST allowed on deposits either In Currency in Gold, subject to check at sight, the same
as with the City Banks.
ADVANCES made on all marketable securities.
CERTIFICATES of
COLLECTIONS made
3T
BANKEHS,
dit
bonds advertised on the market at
tubscription prices, execute orders for Government
Testore, furnish
ecurities, gold
and railroad stocks, and do a
GBNERAIi BANKINO BUSINESS,
No. 31 Pine Street.
WOOD,
SAMUEL D D A VIS
D.
Former.y of Termilye
.
BANKERS,
NEW YORK,
84 Pine Street,
CBICAGO. 164 23nd
FRANK FORT- ON-XHE-MAIN,
on
Bills of
all
LOCKWOOD
BANK,
Edward W.
always on hand.
Co.,
BANKERS,
&
R. T. Wilson
Co.,
BANKERS AND COMMISSION MERCHANTS,
44 BROAD STREET.
Liberal cash advances made on conslgnme >ts of
Cotton and Tobacco to our address ala j to our fri nds
In Liverpool and London.
Government
78
RAILROADS, BRIDGES AND EXPL0RATI01<S.
"SEBBELL'S PATENT WROUGHT
IRON VIADUCTS."
— .—o1^ Particular
of Public
attention given to the ezaialnatlon
for capitalists seeking Livfstiaents
Works
Heyerdalil, SchbnlDerg& Co.,
31 PINE STREET, NEtV YORK.
Samuel Fox
BESSEmER
Secnrltles a Specialty.
Securities, Gold, Stocks
ASTHOLOMEW HOUSE,
VERMILYE &
CO.,
BANKERS,
16 and 18 Nassau Street,
J. ».
Gold Privileges a
DEALERS IN ALL ISSUES OF GOVERNMENT
SECURITIES.
BUY AND SELL ON COMMISSION
STOCKS, BONDS
GOIiD,
MAKING LIBERAL ADVANCBS.
on Depoalts.
AND
-
Speciality*
" stock Privileges."—f 100 an
comralBslon will purchase a first class contract, giving you the privilege of
calling or delivering (1. e being " long" or " short,'*)
at
any time In 30 or 60
100 shares of any active stock,
days. $125 and commission will purchase an Al contract, (same time and terms as stocks') on $50,000 Amer'
lean gold coin. These contracts, known as "put--'
and " calls." are now used by many operators iu preference to speculatiuar on a margin, as no further risk
or outlay is incurred beyond the amount you decide to
risk, and they are the very best mode of operating for
those who are " out of town" or *' up town." *' Privileges" can bt* had fiom 100 to 10,000 shares of stock, or
$10,000 to *l,000,000gold. For further particulars write
or send for our"Explana ory Ci cular." Settlement
to be made at time of purchase, or on our delivery of
the contracts to your agents or bankers in New York.
All " puts" and " calls" negotiated by us are tigned by
bankers and brokers of acknowledged responsibility
and credit. We are executing orders from all the
leading cltlea In the United States.
i
New Tork.
BA.ZLBT-
Co.,
NEW
YORK.
P.O.Box SOTO.
Railroad
Iron,
In Ports of Netv Tork and Neiv
Orle ms.
moat approved makers.
Steel Rails of
Importers of old Iron Rails for re-roUing.
Bills of Excliange on Imperial Bank, London.
M. K. Jesup
BANKERS AND
& Company,
ItlERCIIANTS,
LIBERTT STREET,
Negotiate
Bonds and Iioans
I.APSLEV & BAZIiET,
47 EXCHANGE PLACE NEW TORK.
&
No. 30 PINE ST.,
BANK, LONDON.
59
NEGOTIATED.
W. LAPSLEY.
Stock. A;
Co.'s
ic
STEEIi RAII.S.
Gilead A. Smith
and Bonds
Accounts received and Interest »llowed on balances
which n:ia> be checked for at Bight.
B.
KANSAS AND ILLINOIS
Serrell,
ENGINEER,
Broadway, New IToric.
CIVIIi
RAILBOAD SECURITIES NEGOTIATED.
&
94 BROADIVAT,
Transact a General Banking business, Including tbe pnrcbase and sale
of Government and State Bonds, Rail
road Stocks and Bonds, and other
secnrltles, on Commission.
I^OANS
ADVANCES made upon Approved Collaterals.
INVESTMENT SECURITIES of the Highest Grades
:
A. G. Berlin.
Bought and Sold on CommlBBion, and
INTEREST allowed on Dally Balances.
Interest
OFFICE AND WAREHOUSES
GO LP STREET, NEW ,YOBK.
Exchange and Issue Letters of Cre-
principal cities of Europe.
Bleber Gasie, 13.
RAILWAY
Manufacturers of "Wrought Iron Tubes, Lap "Vreld
BoUer Flues, Gas Works Castings and Street
Mains, Artesian Well Pipes and Tools,
Gas and Steam Fitters' Tools, &c.
Lichtenstein, Steel and Iron Rails.
BANKERS,
Broad Street, New Ifork.
Sole Agent! in the United States for
;
Street,
Co,,
Pascal Iron 'Works, PhUadelplila.
& Co
Jacob R Shipherd&Co.,
&
Morris, Tasker
10 CornblU, E. C, Iiondon.
Telegraphic transfers made.
SpeciulPartner.— DEUTSCHE
RAILROAD BOND'.
choice bonds to supply In-
UNION
Open Credits on Slian^bae and Yokohama
AND
JDEAI.ERS IN
Railroad Iron,
as Old Ralls, Scrap Iron and Metala.
yr< !1
&
Draw
Keep on hand a variety of
who
CO.,
Knoblauch
No. 12 Pine Street.
Davis,
at all points of the
and BRITISH PROVINCES.
SCBi;iri.ER,
W00D&
Deposit issued bearing inter-
BENZON
&.
34 Old Broad St.,
give special attention to orders for
STOCKS, BONDS,
particulars apply to
JONES &
HOUSE IN LONDON,
NATIiOR,
No. 50
or THE
For further
sell
PHILA.,
80 State street 208 So. 4th street
Cast Steel Frogs, and all other Steel Material for
Railway Use.
16
No. 10 \rall Street.
Buy and
street.
CAST STEEL RAILS,
CAST STEEL TYRES.
n>
BANKERS,
10
John
,
The
NO.
1878.
CO.,
NEir ¥OBK, BOSTON,
BANKERS.
fluaranteed
8,
Railroads.
&
SOUTTER
7
future.
:
for
Railroad Cos.
Contract for
Iron or Steel Ralls, IiOcomotlTes,
Cars, etc.
and undertake
all business
connected irltb Rallirays.
CRDCIBI.E STEEL WORKS.
William Butcher &Co.,
.
IjCirlsto'crn,
Pa.
Manufacturers of
CR17GIBI.E STEEL TYRES,
Axles, Forglngs,
dee., dec.
OFFICES.
BOSTON
NEW TORK
No.
59
John Strbst.
PHILADELPHIA:
No.
125
FBDiBii. Stbjsbt.
CHICAGO:
38 South Cakal Stbbet.
18 South Foukth St.
'Win, TOOTHE, Ceueral Asents,
59 John Street, N. ¥.
@FedFRASER