Full text of Commercial and Financial Chronicle : May 1, 1880, Vol. 30, No. 775 [Copy 1]

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maitriat
AND
HUNTS

MERCHANTS1

MAGAZINE.

9 Wtthl#
REPRESENTING

THE

INDUSTRIAL AND

COMMERCIAL

INTERESTS

OP

THE

UNITED

STATES.

[Entered, according to act of Congress, in the year 1880, by Wm. B. Dana <fc Co., In the office of the Librarian of Congress, Washington, D. C.]

YOL. 30.

SATURDAY, MAY 1, 1880.
But

CONTE NTS.
THE

CHRONICLE.

Taxing Bank Capital
445
Bhall Europe Draw Its Needed

Gold from the United Statesl 446
The Embargo on
Southern
Trade

by the Louisville <fc

Nashville Road

447

Turkey in Europe

449
450

.

Financial Review of

Imports

and
March, 1880

April
Exports
,

for
451

Latest Monetary and Commer¬
cial English News
452
Commercial and Miscellaneous
News
453

no

NO. 775.

principle has been settled

or

acknowledged in all

this matter, except it may be that the noblest aim a legis¬
lator can have is to discover a pile of corporate capital on
which he can lay another tax.
And

includes

yet, strange as it may seem, the week’s history
excellent

thing done—unintentionally and
unwittingly
to
be
sure.
We mean that the passage of the
Supervision
448
act against foreign corporations has made so
THE BANKERS
GAZETTE.
apparent the
General Quotations of 'Stocks
Money Market, U. S. Securi¬
evil tendency of this species of legislation, that the truth we
and Bonds
ties, Railway Stocks, Foreign
457
Exchange, New York City
Investments, and 8tate, City
have been so long laboring to make plain, must we think
and Corporation Finances... 463
Banks, etc
455
now become
THE COMMERCIAL TIMES.
palpable, even at Albany. For the whole
Commercial Epitome
468 I Dry Goods
474 city has suddenly waked up to the idea that
legislation can
Cotton
468 Imports, Receipts and Exports 475
Breadstufts
473
drive capital away from us and raise the rates of interest
The statutory poison worked very slowly, and to the general
observer imperceptibly, when administered only to our own
banks, and consequently alarmed no one. In fact, the public
The Commercial and Financial Chronicle is issued every Satur¬
had hardly stopped to consider how large was the amount of
day moi'ning, with the latest news up to midnight of Friday.
the banking capital represented here by foreign
agencies,
[Entered at the Post Office at New York, N. Y., as second-class
mail matter.]
and still less to inquire into the cause of its
presence.
the
total
now
Probably
nominal
equals the whole home
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE:
For One Year (including postage)
banking capital of the city, and its standing here is largely
$10 20.
For 8ix Months
do
6 10.
due to the oppressive and illegal taxes which for so many
Annual subscription in London (including postage)
£2 7s.
Six mos.
do
do
do
1 8s.
Subscriptions will be continued until ordered stopped by a written, years have been enforced against our own banks, keeping
order, or at the publica tion office. The Publishers cannot be responsible them from all natural
growth and actually putting many
for Remittances unless made by Drafts or Post-Office Money Orders.
of
out
existence.
There
Advertisements.
was, consequently, a necessity for
Transient advertisements are published at 25 cents per line for each
more banking facilities, and
fortunately foreign capital
insertion, but when definite orders are given for five, or more, insertions,
a liberal discount is made.
Special Notices in Banking and Financial came in to
supply the place thus made vacant by our tax
column 60 cents per line, each insertion.
WILLIAM
laws.
But
the
work of extinguishing banks by taxation
DANA,
)
WILLIAM B. DANA & CO., Publishers,
JOHN G. FLOYD, JR. j
79 & 81 William Street, NEW YORK.
Post Office Box 4592.
was, as we have stated, comparatively a slow process when
directed against our home institutions; but when our wise
Cp3 A neat file cover is furnished at 50 cents; postage on the same is
18 cents. Volumes bound for subscribers at $1 20.
men at Albany loaded
their little gun and turned it towards
BP3 For a complete set of the Commercial and Financial Chroni¬
cle—July, 1865, to date—or Hunt's Merchants’ Magazine, 1839 to foreign capital, it quickly took the hint and began to pack
1871. inquire at the office.
up.
This, therefore, has furnished an excellent illustration
(because so palpable) of how oppressive tax laws against
OUR EXTRA.
capital operate; not more inevitably, but more quickly in
We issued last week our Investors’ Supplement of 68
pages this
case
simply because foreign capital could be more
gratis to our subscribers. This week we make an addition of 8
pages to the Chronicle, so as to be able to give our monthly easily dislodged.
list of prices of railroad stocks and bonds without
Since attention is directed to the question, perhaps our
crowding the
other departments of the paper.
legislators will now be willing to read the following state¬
ment, taken from the report of the Comptroller of the
TAXING BANK CAPITAL.
Currency, showing how oppressive our laws have been.
Another week has passed without any true
progress We have given tables like this many times before, but we
having been made with regard to the tax question at think more will read and heed the facts now.
Albany. To be sure, the law taxing foreign corporations
has got into the Governor’s hands, the
Rate of Tax by—
Savings Bank bill
Total.
United
States.
State.
has been amended and has passed one house, the Life Insur¬
Per Cent.
Per Cent.
ance bill has been
Per Cent.
materially modified, and the bill taxing New York city
2-2
5*1
2*9
2*8
United States and State banks has had its
5*6
Albany
2*8
enacting clause Massachusetts
1*1
29
17
Boston
struck out
2*6
1*3
1*3
That lively committee which started the ses¬
1*4
2*1
0*7
Pennsylvania
:..
Chicago to Kansas City

The Latest Illustration of State

448

one

*

3^Itc Chronicle.

-

B.

sion with

a

day, has had




fresh shot at
a

class of

corporations each
lively week of it looking after its offspring.
a new

Philadelphia

Maryland

Baltimore

2*0
1*4
1*2

0*7
1*3
1*8

2*7
2*7
3*0
)V

[Vui. XXX. ^

THE CHRONICLE.

446
This statement shows almost

three per cent of State tax it is instructive

to

notice that

so

far

as

the home supply

is concerned it was a largely decreasing quantity for the
York and Albany institutions, although the
United States also taxes their capital, their deposits and their whole of 1877, and down to September, 1878, and the
outflow was only checked and temporarily changed
circulation, showing in the aggregate nearly two and a hal::
under the strain which followed the panic in the month
per cent more of tax than the banks in any of our neigh¬
last mentioned.
Great Britain’s imports and exports of
boring cities were called upon to pay. Notwithstanding
these facts, our legislators at Albany have been torturing gold during the period covered by the Economist have
been as follows.
their brains to devise some way in which they could circum vent the late decisions of the United States Court, and
Net Exports.
Exports.
Tears.
Imports.
put these heavy burdens again on our banks. One precious
£
&
£

put upon New

which was
struggling along but this week seems to have come to an
untimely end, was the proposed law not to allow any
individual or corporation to deduct debts. Perhaps that
would have been a good act to pass, since no stirred-uphomet’s-nest could compare with the buzzing and the
stinging it would have produced around the legislative
little

scheme, concocted for this very purpose,

1880, three months
1879, year
1878,
“ *
1877,
“

.

1,184,630
13,331,369
20,872,216
15,451,925

1,884,351

699,721

17,578,818
14,968,507
20,361,386

4,247,449

*5,903,709

50,840,140

54,793,062

3,952,922

4,909,461

Actual loss of Great Britain

during period
*Net

imports.

This statement shows that while the Bank of

England
was gaining three millions sterling the country was
We have no fears about this latest of crude laws against
actually losing about four midions sterling; in other
foreign capital, now in the Governor’s hands. The general
words, during the period in question about seven mil¬
belief is that the Governor will veto it; we have no doubt
lions sterling, or thirty-five million dollars, were with¬
he will.
But even if he should not, it would be repealed
ears.

before the

session closes,

it operates so quickly and

as

drawn from

active

use

The full

in Great Britain.

meaning or importance of that fact will be seen by
effectually to put out of existence the object taxed that the another statement
showing Great Britain’s gold imports
complaints of our commercial classes would be emphatic and
exports for a series of years previous.
enough to be heard and heeded. Foreign banking capital
and home banking capital are willing to be taxed but not to
Net Imports.
Years.
Exports.
Imports.
be confiscated.
Our Legislature has had before it for some
£
£
£
time a proposition from our associated banks to pay a tax 1862
16.011,963
3,891,741
19,903,704
15,303,279
3,839,386.
19,112,665
for their shareholders of one per cent. This is more than 1863
3,621,212
13,279,739
1864
16,900,951
the banks have any right to pay, and more than the 1865
8,493,332
5,992,238
14,485,570
12,742,059
10,767,582
23,509,641
authorities will get in any other manner.
Would it not 1866
7,889,030
7,911,129
15,800,159
1867
be wise to accept it ?
12,708,308
4,427,869
17,136,177
1868

1872

18,469,442

1873

20,611,165

1874

18,081,019

1875

23,140,834
23,475,975

8,473,699
10,013,521
20,698,275
19,748,916
19,071,220
10,641,636
18,648,296
16,515,748

284,853,766

210,239,021

1870

13,770,812
18,806,728

1871

21,618,924

1869

ITS NEEDED
FROM THE UNITED STATES.

SHALL EUROPE DRAW

We

are

advocates

GOLD

glad to see that some of the old single standard
in Europe are beginning to take notice of the

rapid shrinkage in the gold reserve there. As for instance,
the London Economist of the 10th of April gives figures
showing a very decided falling off in the aggregate
available supply of the Banks of England, France and
Germany since January, 1877. We have called the
attention of our readers from time to time to Europe’s
vanishing stocks, so that the results reached in the
present case will be no surprise. After allowing for the
reserve which the Bank of England is compelled to hold
and also allowing for the gold needed for the wants of
the branches of the Bank of France, the Economist
furnishes the following as indicating the available supply
held by the three banks at the present time and in Jan¬
uary,

1877.
Available Gold Held.

January, 1877.
'

Bank of

England

eay.

Bank of France
Bank of Germany

£14,000,000
46,000,000
12,000,000
£72,000,000

Total

April, 1880.
£17,000,000

18,000,000
14,000,000

£49,000,000

187e
Total

.

Average
*

*

5,297,113
8,793,207
920,649
*1,279,474
1,539,945
7,439,383
4,492,538
6,960,227
75,894,219
5.059,614

*

Net export.

Here

we see

commerce

that

during all previous years England’s

has received and

apparently needed for its

expansion an average annual addition to its
supply of £5,059,614 (or say, 25 million dollars) of
gold. Only one interruption in this movement has
occurred, and that was in 1871-73, while France was
making those amazing indemnity payments to Germany;
but it was a very temporary and partial interruption,
recovering itself immediately and going on in larger
proportions than before. The true situation, therefore,
is something like this—
(1.) England has actually lost during the past three years about
twenty million dollars of its stock of gold; and, as the
Bank of England deems it prudent now to keep a much
larger reserve, it (the Bank) has during the same period
natural

drawn from active use fifteen

millions

more;

so

Great Britain’s commerce has really lost thirty-five
dollars of its gold supply in three years.

that

million

(2.) During all years previous to 1877 Great Britain has received
and appeared to need an average increase of twenty-five
we could have wished that the Economist had gone one step
million dollars to supply its wants; so that the loss noted
above must be taken in connection with this usual new
further and given its readers the benefit of the changing
supply, if we would measure the extent of the necessities
movement |in Great Britain during late years.
It is
in this particular of England to-day with business re¬
true that the Bank of
These

figures

are

perhaps sufficiently impressive, but

England has gained £3,000,000

viving.

period named above, but it would have been (3.) While these late changes have been in progress the avail¬
in point to have stated that it has not drawn any portion
able visible supply of gold in other countries of Europe
of that three million from outside sources, it all having
has shown the remarkable loss indicated by the Economi'*•
of twenty-six millions sterling, or say one hundred and
been gathered ia from the home supply. Furthermore,1
in the




mat

447

THE CHRONICLE-.

1, 1880]

to New Orleans, whence some of it is distributed by rail¬
thirty million dollars, although, during the same period,
gold (instead of, as formerly, gold and silver) has become roads, as needed, over Alabama, Georgia and other South¬
the only money of commerce, and therefore doubly ern States.
Hitherto a portion of this traffic has passed
needful.
north over the Chicago St. Louis & New Orleans and

recital of these facts furnishes positive indi¬
cation of the extreme want of Europe for gold, a
want, that will be developed aggressively as soon
as the
present business revival becomes more pro¬
nounced and general. Nothing but the unusual and
The

mere

wide-spread depression the world has been passing
through, has hitherto kept this want in abeyance. As
exchanges become more active one of three things must
happen:—either this want must be supplied, or it must
be relieved by the remonetization of silver, or pan¬
ics or crises in Europe cannot fail to be of frequent
occurrence;

The United States

has

a

deep interest in this

question.

general desire here is to have silver re-established,
believing remonetization to be a requisite of com¬
The

l

the world. The only
out of a disagreement as
to the means to be used for attaining that end.
But in
the light of the facts above cited, is it not evident that
the desired end is really approaching, and can be secured
through the necessities of European commerce ? It is,
however, an essential condition that we should hold on to
our gold.
That, of course, we cannot do in any artificial

mercial progress throughout
difference of opinion has arisen

thence east over the
bama

Vicksburg & Meridian, the Ala¬

Central, and the Western of Alabama,

via Mont¬

Now, the Louisville & Nashville, having
acquired the New Orleans & Mobile and the Mobile &
Montgomery, is anxious to make those lines as profitable
as possible, and therefore seeks to send this business
entirely to that route. And it has been successful in
its effort, for the Chicago St. Louis & New Orleans
already announces that with such odds against it, it
can no longer compete for the traffic to points east of
Selma and Atlanta and south of Norfolk and Peters¬
burg, and that its through rates have been withdrawn.
But the course pursued by the Louisville & Nashville
has a very extended bearing.
Even St. Louis will not
escape its effects. Traffic from St. Louis, destined to
points in Alabama, Georgia, and Florida, and coming
over the St. Louis Iron Mountain & Southern to Colum¬
bus, Ky., thence over the Mobile & Ohio to Lauderdale,
and there passing eastward over the Alabama Central
and the Western of Alabama, will, between Selma and
Montgomery, of course, be affected in like manner as
the freight coming up from New Orleans. It seems not
unlikely that the Louisville & Nashville had this business
gomery.

cannot throw our arms around it and hold also in mind when it drew up its recent order, seeking
it here, and yet, if it goes to Europe in any considerable thereby to compel that traffic too to pass over its own
amounts, it will relieve their wants and defer the very line. This determination of the Louisville & Nashville
object we are aiming at. To retain our production, then? to force the entire business passing through the Southern
we must make gold so useful here that the United States
States into its own channels, by virtually closing up all
demand will over-balance the European demand. Our the other avenues of trade, is therefore by this time suf¬
Silver bill acts in just the opposite direction now. It not ficiently apparent.
Whether this action is really wise is quite another
only prevents exports of silver, which would help to pay
our debts, but besides that, tends also to undervalue question.
Such an arbitrary policy will certainly breed
manner; we

valuable substitute for it. It is
to-day virtually saying to Europe,—here we will help
you out of your difficulties, only let aus coin enough sil¬
ver dollars to enable us to force every American bank
and citizen to take them, and then you may have our gold.
Cannot our people see the folly of this policy and the
need of an immediate change? In this contest we hold
the strongest and most independent position to-day of
any country in the world. We are producing plenty
of gold for our own purposes, and we can keep it if we
choose; besides that, we can bring about a remonetiza¬
tion of silver, and then can use and have the command

opposition, both from Legislatures and from other roads.
Whole States will not quietly have their channels of
trade revolutionized by an edict, simply because a few
miles of road have been bought which make it possible.
Besides, in this case, the purchase of the section of the
Western of Alabama is subj ect to criticism. It seems that
before its purchase the Louisville & Nashville prepared an
order similar to the one now in operation, applying local
rates to the whole length of the Western of Alabama,
but canceled it when called upon for an explanation by
the Georgia railroads.
Subsequently, it bought the
piece between Selma and Montgomery, and now carries
of that metal also. We entreat our Congressmen to out the same idea. It may well be doubted whether the
revise their judgments under the new facts now develop¬ Georgia railroads would have sold (it was a sale in effect)
this section had they known the purpose to which it
ing, and let Europe have our silver, but not our gold.
was to be applied, for it was generally supposed that
the Louisville <fc Nashville wanted it merely to bring the
THE EMBARGO ON SOUTHERN TRADE BY
Pensacola & Selma in connection with its system.
THE LOUISVILLE <& NASHVILLE ROAD.
One thing cannot be too constantly remembered in
In our article last week we noticed the fact that the
making these large railroad combinations, and that is,
Louisville & Nashville Railroad, in order to bring the
that they are looked upon with disfavor, and are only
Pensacola & Selma road (secured by them some time
justified on the supposition that the public is thus better
ago) in connection with their system, had purchased served. No mere personal policy, no narrow selfthat portion of the Western Railroad of Alabama lying
interest, can safely control in any of them. If Georgia
between Selma and Montgomery. It now appears
or Alabama can get their corn cheaper by the old routes,
that that purchase had a deeper meaning and a wider
they are entitled to it and will have it, and a railroad
significance. As soon as the Louisville & Nashville that stands in the way will be brushed aside. Moreover,
found itself securely in possession, it issued an order
it does not look to us like good policy to force the oppo¬
notifying competing companies that hereafter they sition of so many
cities and strong corporations. It takes

gold by making a less

would have to pay

this piece
A moment’s

over

full local rates for

business passing

of road.

make clear
to any one the meaning of this action.
Quite a quan¬
tity of grain comes down the Mississippi River in barges



consideration will suffice to

but little time to
the

build another road where the

abundantly combined. For
we are inclined to think that this embargo

ability to do it are so

these reasons
was a

will and

short-sighted arrangement.

THE CHRONICLE.

448

[vol. xxx.

CHICAGO TO KANSAS CITY.

THE LATEST ILLUSTRATION OF STATE

interesting announcement of this week is that the
Kansas City St. Joseph & Council Bluffs Railroad has
passed into the control of the Chicago Burlington &
Quincy. This step seems to have been forced upon the
management of the latter corporation by the changes that
have taken place in the relations of the Missouri River
roads.
So long as those roads were in the hands of dis¬
tinct parties, whose interests were not identical, there was
comparatively little danger that the line in question would

SUPERVISION.

An

be unavailable.

But with the Wabash

run

'

A resolution

passed by the Assembly at Albany, a few
days ago, has caused the publication in response to it of
a correspondence perhaps the most extraordinary in its
peculiar features ever known.
It appears that exSuperintendent of Insurance, John F. Smyth, recently
addressed to the Mutual Life a letter, stating that his
predecessor had deemed it necessary to make minute
examinations of the mortgage loans of certain companies,
extending to a tracing of titles far back, and that such
examinations resulted, in striking off certain sums from
the assets of twelve companies; that the wisdom of this
procedure was verified by such reductions; that the
Mutual is one of three concerning the titles to whose
property such examination has not been made; that he
therefore suggested to the company to put itself “in

in the Gould

interest, the Missouri Pacific owned absolutely by Gould,
and the Hannibal & St. Joseph supposed to be closely
identified with the same combination, it was clearly neces¬
sary that the Burlington & Quincy road should take
measures to
guard against any attempt that might be
made to debar it from reaching Kansas City and other

the Missouri River. Recent developments have “immediate communication with” a certain law firm
tended to increase the necessity for such action.
Gould’s named, to retain that firm to search the titles, as well as
evident determination to control the course of traffic two others (also named) to appraise mortgaged property;
between Kansas City and St. Louis, left it morally certain that if these gentlemen were found to be excessively
that when the Wabash’s line to Chicago came into opera¬ costly he would at once “ suggest other names to you
who will be satisfactory to the Department;” and that
tion he would wish to exercise a strong pressure on
he wished a prompt reply, &c.
Chicago business as well.
To this amazing document President Winston replied
There are at present four routes between Kansas City
and Chicago.
The Chicago Burlington & Quincy has two in a long letter, the writing of which cannot be re¬
of these.
It receives part of its traffic between those gretted, inasmuch as it is a masterly combination of dig¬
points over the Hopkins • branch of the Kansas City nified retort and unanswerable argument, although the
road, and the rest is delivered to it at Hannibal circumstances might well have justified the company in
by the Hannibal & St. Joseph. These two outlets paying no attention to the matter whatever. In the
have given it nearly one-half of the entire business first place, the company was examined under the admin¬
between those cities.
The other lines that compete istration of Mr. William Smyth, three years ago. Mr.
for this traffic are the Chicago & Alton, which uses Deputy McCall—who made the examination in this as
its own track throughout,
and the Chicago Rock in other cases—reported his entire satisfaction in the
Island & Pacific, which formerly made connection with most unqualified terms; also that “ a schedule giving in
detail the information necessary for valuations of propKansas City over the Kansas City road, via Beverly,
but now reaches that centre by means of the Han. & St.
erty, verification of title, etc., of each of the 7,156
mortgages, has been compiled, and, with a list of unJoseph branch. It will be seen that the Chicago & Alton is
and deferred premiums, is now on file in the
collected
the only road that has a line of its own for the whole dis¬
tance.
All the others have to depend upon the connecting
Department.” To this seemingly conclusive certificate
Mr. William Smyth also added that he was present
lines, Hannibal & St. Joseph and Kansas City St. Joseph.
& Council Bluffs.
As to the Hannibal & St. Joseph, the in
examination of mortgages
person during the
and other securities, and desired to join with his deputy
general belief is, as we have stated above, that the Gould
in hearty approval, and that certain particulars respect¬
party is largely represented in the management, though it
may not have a controlling voice.
Consequently, the Kan¬ ing title—really covering all the points now cited as
sas City St. Joseph & Council Bluffs is the only connecting
necessary to have inquired into—were then verified by
him in person.
After citing this, Mr. Winston quotes
line independent of the Gould influence.
The contest for this road was begun long ago, when its the certificate given as to the company’s investments
stock and bonds were selling much lower than they are recently by the annual auditing committee, consisting of
now;
But Gould was not inactive, and his competition, two bank presidents and four merchants, none of whom
aside from the improved prospects of the oroperty itself, are or were members of the committee under whose di¬
He also says that All the
had the effect of sending up the securities to much higher rection the loans were made.
figures. During the past nine or ten months the rumor has mortgage titles had been examined by one of several
repeatedly been current that Gould had secured the line, eminent lawyers named; that in the company’s 37
and as often has it proved untrue, but the present report, years’ experience not a dollar has been lost by failure in
confirmed by the publication in Boston of a circular issued any title ; that the expense of the minute inquiry pro¬
to the stock and bond holders of the Kansas City company, posed would be both heavy and useless, and that a sim¬
announcing that holders of a majority of the income bonds ple verification of the statements already made should
and the stock considered the offer of the Burlington & be sufficient ; and he further shows, by the Department’s
Quincy Company advantageous and had decided to accept own reports, that Mr. Smyth’s quotation of reductions
it, dispels all doubt in the matter. The Chicago Tribune made in assets by examination is largely overstated in
is authority for the further statement that the Bur¬ seven out of twelve instances.
As to the invitation to retain the legal gentlemen
lington & Quincy determined, in the early part of the
year, when it seemed doubtful whether the Kansas City named—concerning whom it is only fair to say that
road could be brought in close connection with its system, they have promptly disavowed all connection with the
to construct a new line to Kansas City from Viele, at the matter—Mr. Winston, with peculiar appropriateness,
Mr. Smyth of the specifications of law as to
junction with tfce Burlington & Southwestern, and that reminds
this line will be pushed to completion, giving another out¬ how the charges for examinations shall be limited, made,
audited; and paid. The company’s officers might therelet to that point.
points

on




“

“

“

“

“
“

f

,

may i.ieso

THE CHRONICLE.

]

449

TURKEY IN EUROPE.
adjudged guilty of misdemeanor under the law
The
should they comply; furthermore, the benefits of com¬
reports which reach us - daily as to the internal
condition
of the empire of Turkey, especially of the
pliance do not appear, inasmuch as Mr. Smyth’s promise
to be satisfied with the work of these parties could not European portion, indicate that the ruinous effects of
bind his successor.
This rejoinder, justifiable and the late war are being felt more and more as time
unavoidable as it was, touched upon delicate ground, advances, and that the absolute collapse of the empire
inasmuch as Mr. Smyth was once impeached for openly cannot be far off. Its debt has been enormously in¬
and defiantly violating these very provisions of law creased, while its territory has been greatly diminished,
fore be

regarding the payment of bills*, offering in
better

excuse no

plea than his assertion that the payment could
been otherwise arranged and the opinion of a

not have

personal and political friend of bis that the law is
unconstitutional.
gram

To this Mr. Smyth replied by a tele¬

demanding what amount the 245 plots of

up¬

city property, taken on foreclosure during the
past four years and sold at auction on the 20th of April,
represented in the last annual statement of assets. To
this came a crushing reply, in the simple statement that
the amount so inquired about was 8516,270, while the
sales of the property footed up $666,055, and that on
other real estate sold since the year opened, which
figured as assets to the amount of $696,045, the receipts
amount to $738,130, making a profit of $191,^70 on all
property sold in 1880. To this Mr. Smyth replied with
town

a

letter of

which

retreat

we

need not

attempt to

sketch.
The motive of

this

and hitherto fruitful

sources

of

revenue

have been dried

diverted into other channels. So heavy and so longon the farming and agricul¬
tural interest generally that the entire rural population
are reduced to a condition of extreme
poverty. It is not
only impossible for them to pay taxes; they are without
the means of maintaining or securing the necessary
material for the ordinary work of husbandry.
The imperial exchequer is also empty, and the govern¬
ment finds it impossible to borrow.
The borrowing
power of the Turkish government, in fact, came to an
end in 1874, when the amount of the foreign debts had
reached one hundred and eighty-five millions sterling.
In the interval the government has been compelled to
resort to various shifts and expediencies in order to
seem to be able to carry on the affairs of the State.
The
imperial decree, in October, 1875, reducing the interest
on the debt, “ for a time,” to one-half of the stipulated
amount, was followed by another decree, issued in July,
1876, in which it was openly announced that no pay¬
up or

continued has been the drain

unprecedented demand we can
scarcely understand, for we do not know how Mr.
Smyth could have supposed that any company would ments would be made “ until the internal affairs of the
yield to him, under the circumstances. Whatever his empire have become more settled.” Later in the same
past powers of menace, his official day had gone, so that month a decree for the issue of paper money, called
calmh” or assignats, was published. According to
the impotence of his attempt is as marked as its impu¬
“

dence.

Besides, it is disagreeable to have to interpret the best estimate, more than
the affair by dishonorable motives, and yet to try to sterling had been issued, and as

gloss it with a varnish of respectability would be weakly
closing our eyes to the dark record made. There is no
proof that he has prostituted the office to his own per¬
sonal profit in money directly, but the most judicial
language and the furthest stretch of charity cannot say
more for him than that there were perhaps some evil
deeds which he could have done officially, but did not do.
The disgrace of hfe career may best be admitted fully
and openly, and in precisely the language which most
appropriately characterizes it. It is exactly what must
he when State supervision goes down into partisan muck,
and when a man is put in office in pursuance of a bar¬
gain, and kept there for the most ignoble of partisan
reasons and uses, albeit his guiltiness is admitted and he
aas no defender on the merits of his case.
“ If, at the
‘direction of every insurance department in every State
“
of the Union having reciprocal laws, we are to be
“subjected to the expense of re-examining our titles
“and re-appraising our securities, as an alternative of
“
exclusion from the State, it is manifest that we shall
“be ultimately superintended out of existence.” So
Mr. Winston wrote in his letter, but it is equally true that
if insurance is to be consigned to the mercies of political
supervision the
tion

same

sets in which

result must follow, unless

a reac¬

compels the real reorganization of

State supervision on a different basis, or else abolishes it
altogether. The latter would be the better course in
this State, as we have repeatedly urged,* for while it is
not

fair to

prejudge the

1879 this paper money was

It

was

hundred millions
natural result during

one

a

repudiated.

reserved, however, for this present

year to com¬

plete the work of financial ruin. Since the repudiation
of the “cam£,” the ordinary medium of exchange for
the great mass of the people has been a debased silver
coinage, representing in all a nominal value of from
fourteen to fifteen millions sterling. While yet groaning
under the blow of last year, the people are now informed
that the debased silver currency will no longer be taken
by the government in payment of taxes at its nominal
but at its intrinsic value—a

depreciation which amounts
fully to one-half. In addition to the foreign debt above
mentioned, it ought to be borne in mind that Turkey
carries a heavy internal debt. It is difficult to arrive at
exact figures in the matte* of this floating debt.
It is
certain that in 1878 it was not less than seventy-five
millions sterling. The presumption is that it is now
greatly in excess of that figure. Of course, such a con¬
dition of affairs

as

these facts

indicate, cannot be lasting.

The

empire is bankrupt and practically exhausted#
More than a million of pounds sterling is due the army
and navy contractors. They are clamant for payment,
and it is feared that the provisions and other supplies for
both services will be stopped.
Such being the general situation, the question natu¬
rally arises, what is to beoome of the Turkish empire?
It looks as if it no longer possessed the power of self¬
restoration, and that help from without alone could save
it.
What foreign power is interested sufficiently to
become its guarantor and protector ?
The present con¬
dition of Europe would indicate there is none.
Yet

incumbent, it is impossible
forget that the system is not changed, and that he
can be a faithful officer
only by disappointing those who
have placed him in office and repudiating the processes there are interests at stake which must be cared for.
of which he is a fruit.
He may do this—we will hope to Turkey may be allowed to go to pieces; the house of
Bee him do
it; but the weight of precedent and of the Oihman may find it necessary to re-cross the Bosphorus
most perverse of influences will
and seek a home in Asia; but the land will remain; the
oppose it.
to




new

THE

450

CHRONICLE.

[v<*. xxx
$

•

.

•

stimulated shipments, and the quiet but steady out¬
much-coveted city of Constantine will remain; the
flow of American securities to Europe had the effect of
itors will remain; and in the new condition of things
counterbalancing the very large imports of foreign merchan¬
there will be openings for new kingdoms and oppor¬
dise.
tunities for the development of wealth and prosperity.
The following summary shows the condition of the New York
There are several possible modes of settlement.
The
Clearing House banks, the premium on gold, rate of foreign
European territory might be retained intact;
a new exchange, and prices of leading securities and articles of mer¬
Christian government established in place of
chandise, on or about the first of May in each year from
with its headquarters at Constantinople. Or
1878 to 1880, inclusive:

cred¬

and
the old,
independ¬
might be granted to the Albanians as it has been
granted to the Montenegrins; Roumelia might be
enlarged so as to include all the remaining territory out¬

ence

STATISTICAL SUMMARY

I, 1878 TO 1880.

ON OR ABOUT MAY

1878.

1879.

1880.

independent king¬ New York City Banks—
229,936,400
& 278,886.200 231.096,900
and discounts
dom or principality; and Constantinople dissevered from
30,051,900
18,228; 100
48,983.600
#$ 20,612,800 19,707.600 19,998,300
Specie
the other parts of the old empire, converted into a free
Circulation.
199,074,000
$ 248,896,700 204,514,200
deposits
45,224.500 36,435,300
15,432,100
-city and placed under the protection of the powers.
Legal tenders
$ 2,191,525 12,324,050 16,718,700
Surplus reserve (over 25 p.c.)$
'Borne such arrangement as this latter is the more likely "Money, Gold, Exchange—
3®5
3®3%
4®6
Call loans
6@5%
3®4
wQ
•to commend itself, for the reason that no one of the
100%
Gold
%d.
50%d.
52%d.
great powers is willing to see Constantinople fall into
in London,
oz
86%®4 87
86%®4 87
"4 85®4 86
sterling
bills,
60
days..
the hands of any of the others, and for the further rea¬ ETnited Slates Bonds—
108%
107%
106%
6s, 1881, coupon
119%
son that it would not do to allow it to be in the hands of'
124%
6s, currency, 1898
104%
103%
5s, 1881, coupon
small or weak power. Russia, as we know, would like
103%
106%
108%
4%s, 1891, coupon
100%
101%
107%
of 1907, coupon
^to occupy the city; so, too, would Austria; and it is not
Railroad Stocks—
106
117%
130%
York Central & Hud. Riv.
■at all improbable that difficulty and even trouble will
12%
26%
43%
Erie (N. Y. L. E. & W.)
61%
72%
107%
Shore
&
Mich.
Southern.
arise from the ambitious designs of both those powers.
t>8%
78%
89%
Michigan Central
104%
130%
192%
Chicago Rock Island & Pacific.
Germany, for the sake of compensation on her own
85%
105%
Central
51%
58%
93%
border, would, no doubt, lie willing to farther the designs
Chicago & Northwestern, com.
49%
41%
77%
Chicago Milw. <fe St. Paul, com.
51%
51%
86%
of Austria. But France and England will probably be
Delaware Lack. & Western
17
76%
Central of New Jersey
Strong enough, whatever the course of Italy, to take Merchandise—
lOUie
11%
1113iq
Middl’g Uplands.$ lb.
34@42
28®33
50®56
care of Constantinople.
Constantinople, under a wise Cotton,
Wool, American XX.....^ lb.
00® 18 50
50® 19 00
00®31 00
Iron, Amer. pig, No. 1..# ton. 28
1 22®1 25
101® 103
and liberal government, would become one of the great¬
121®123
Wheat, No. 2 spring.. .$ bush.
48®54
42®44
51®53
Corn, Western mixed.. $ bush.
est and most prosperous cities of the world, as it is
15® 10 25 9 65®9 85
90®11 00
mess
Pork,
bbl.
already for situation, beyond all question, the most
CITY BANK MOVEMENTS IN APRIL.
beautiful. It is Turkish rule which is the curse of the
East. In the interests of the suffering people and in the
April 24.
April 17.
April 10.
April 3.
City Bank Statements.
interests of progress and civilization generally, the
$290,639,500 $288,470,900 $284,250,800 $278,S86,200
discounts
48.983,600
50,050,800
52,023.600
side of

Constantinople, and made an

Loans

44853873612
Net

5
100'

Prime paper

Silver
Prime

100

53

per

4

4

125
104

48

New

Lake

76

Illinois

-

...

43

-

-

18

18

10

10

NEW YORK

N. Y.

Loans and

sooner

that rule is

ended the better.

53.669,300
20,981,600
259,306,800
10,847,500

Specie

20,612,800
20,843,000
20.987.900
256,267,800 253,519.800 248,896,700
15,432,100
13,966,000
11.935.900
2,191,525
536,850
Def. 309.900 Def. 107,450
8 @6
4@0*
4@0+
4@0*
5 @6
5@6
5@6
5©0

Circulation

deposits
Legal tenders
Surplus reserve

Net

APRIL.
The month of April was marked by a decided stringency in
the money market, and the city bank reserves were drawn down
below the legal limit. This scarcity of loanable funds, which
led to the payment of commissions of 1-64 to 1-16 per cent a
•day, in addition to 6 per cent per annum, was charged some¬
times to the manipulations of stock speculators; but although
their operations may have had something to do with it, the
conspicuous fact remains that the bank reserves were for several
weeks at so low a point that the withdrawal of a few millions
could at any time disturb the market. The city bank statement
for April 24 shows some remarkable changes from the same
period in 1879—thus, legal tenders are now about 130,000,000
less and specie about $30,000,000 more than at that time, and
the loans and discounts have increased over $47,000,000.
In Government bonds the transactions were rather moderate,
FINANCIAL REVIEW OF

purchases by the Treasury each week, and the
reluctance of holders to sell at the approach of summer,
caused a decided scarcity of the floating supply of bonds, and
made prices strong. Railroad bonds and other investment se¬
curities generally held their own at or near the highest prices
but the steady

Range of call loans
Rate of prime paper
*

And a

t And a

1-04@1-10.
commission of 1-64<&i.

commission of

CLOSING PRICES

6s,
5s, 4%s, 4s,
6s,
1881, 1881, 1891, 1907, Cur.,

TUdv

*

1898.
coup. ooup. coup. coup.

1..
2
3..
8.
4
10*3 % 109%
5..
6..
7.. 105% 103%
103%
8
103%
9
109
10..
S.
11..
103% 109
12..
13..
103%
14..
103%
15..
16..
17..
S.
18

speculative stocks business was much checked by the
tightness in money, and at times there was considerable depres¬
sion in tone, but never any such decline as to create a panic in

prices or serious apprehensions of a material decline in the
market. The high prices already established were well sus¬

large earnings on nearly all the railroads
making reports of their traffic.
Foreign exchange became easier in the latter part of the
month, when the decline in prices of cotton and breadstuffs

1880.

......

107%
107%
107%
107%

107%

107%
107%
106%
106%

6s,
5s, 4%s, 4s,
6s,
1881, 1881. 1891, 1907, Cur.

i

1898.
coup. coup. coup. coup.

19..
20.. io*6**
21.. L06
22":.
23..
24..
25..
26..
27.. 106%
28..
29..
30..

107

103%

103%
103% 108% 107%
107
103%
103%
108% 107
8.

103%
104

104

108% 107%
108% 107%
109

107%

c

Open 105% 103% 109 x06%
High 106% 104 109% 107%

Low. 105% 103% 108% 106%
109
107%
Clos. 106% 104

-

..

CLOSING PRICES OF

Cons’l money.
for

April.

CONSOLS AND U. 8.
I

98

of

105% 111

109

93316 105% 111% 109%

:

9
10
11
12

18

19

105% 111%
985x6 106 111%
98»i6 105% 111%
987x6 105% 111%
989ie 105% 111%
8.

9811x6 105%

....

April.

109%
109%
109%
109%

109%

iii% 10*9%

Cons’l money.
for

21
22
23

98I516

26

5s of

4%s

4s

of

of
1881. 1891. 1907.

98i316 104% 111% 109%
9811x6 104% 111% 109%
98iii6 104% 111% 109%
9811x6 104% 111% 109%
104% 111% 109%

20

98&i6 105% 111% 109%
98%

7

.

4%s

S.

5
6

SECURITIES AT LONDON- IN APRIL.

48 of
1881. 1891. 1907.
5s of

98ii6 105% 111% 108%

1
2

tained by the very




x06%
106%
106%

—

made.
In

SECURITIES IN APRIL,

OP GOVERNMENT

1

.........

98*15x6

S.

104% 111% 109%

109%
99316 104% 111% 109%
104% 111%
991i6

30

104% 111% 109%
109%
99i16 104% 111%

98l*xe

29
.

111% 108%
98i3l6 105% in% 109% Opening... 981x6 105% 111% 109%
105% in% 109% Highest.. . 993i6 106
98%
108%
x04% 111
9815i6 x04% iii% 109% Lowest.... 98
111% 109%
109%
104%
in%
104%
991x6
Closing....
981316
9813x6 104% in% 109% Since Jan. 1
111% 109%
S.
Highest... 993x6 106% 109% 106%
104%
10*9%
Lowest.... 979i6
9813x6 104% [iii%

May 1,

The

lowest, highest, and dos¬

following table will show the

York

ing prices of railway and miscellaneous stocks at the New
Stock Exchange during the months of March and April:

<

Canton
Del. & Hud. Canal...
New York Gas

>
—April.
Feb. 28. Low. High. Mar. 31. Low. High. Apr.30.

-Marcli.-

Railroads.

50

57%

64%

.

18

29

25%

83%

90%
83%
25%

85

76

20%

Dref

Chic. Burl. & Quincy.
Chic. Mil. & St. Paul
Do
pref.
Chic. & Northwest...
Do
pref.
Chic. & Rock Island.
Chic. St.L. <fc N.Orl’ns

H1578

67%

62%

24%
85%

*76%

20%

24%

27%

31

23%

107% xl04%

21%

110%
190
45

37%

59%
80%
111%
21 %

54%
77
110

*64

40%

71%
40%

37%

75

75
101%

110

47

30
46

4
pref
Lake Erie & West....
Louisville <fe Nashv..

31%
108%
140

Louisv.N.Alb.<& Chic.

104

Lake Shore

Manhattan
Mar’tta & Cin. 1st pf.
2d pf.
Do

..

Mobile & Ohio

31%
8
7%

91%

90%

24

22

14%

36%
38%
111%
164
104%
57%
14
11

35%
108%
160

32%

10%

117% x!05%
95
93%
44%
46%
23%
29%

41%

108
*80

194%

192%

11

30
55
74
111

41

31
*57

12
13

76%
113%
14
86%

14
15
16

13%
83%
68
31
65

39
10
30

85

95

25%
7%

33%
10%
6%
39%

19%

105%

pref.

25%

Ohio Central

Mississippi...
Do
pref.

35%
74

Panama
Peo. Decat. & E’ville.
Phila. <fc Reading

*182
22%

Ohio &

pref.

Do

St.L.I.Mt. & So.,asbd.
St. L. & 8. Francisco.
Do
Do

St.' Paul &

pref.
1st pref.

Duluth

...

pref.
3t.Paul & Sioux City.
Do
pref..
Texas <fc Pacific
Do

Union Pacific
.
Un. N. J. RR. & Can.
Wab. St. L. & Pacific.
Do

.

pref.

27%
44%

24
38

20
32

83%

76%

180

180
21
68

117%
119
30

..

57%

51%
24

33%
70%

69%

27

34%

23%

20%

64

61
56

61%

28%
72%
119%
120
34
27
70

65%

*44%

41

57%
*76
39%

76%

54%
37%

45%
60%
83%
37%

70

68

68

43%

41%
76%

45%

80
47

90%

4678
87%
xl57%
42

43%
68%

81
47%

94%
160
46

65%

70%

70

76
51

180

51%
72
185

23%
70%
118%

26
70
59

58%
117
119
25
20
63

32

107%

89%

94%
45%
24

108%
x84%

35%
*19
107
x73

130%
*112%
43%
46%
67%
70%

136
117

161

163

29%

31%
81
31%
54%
24%
39%

28

52%
*

*3*4%

00 CO

©4*85%
®4*85%

00 00

2%

3%

2%

...

...

...

...

...

...

...

...

...

...

00 00
CO 00
CD CD

17
18
19
20
21

4-85

©4*80

4*85

©4*86

4-88

©4*89

4*85
4*85

©4*86
©4*86
©4*86

4-88
4*88
4*88

©4*89
©4*89
©4*89

4-85

22

4*88 ’ ©4*88%

23
24
25
26
27
28
29

4-88

30

s..
4*85

4*85
4*85
4-85

@4*85%
©4*85%
©4*85%
'©4*85%

4*84%®4*85

©4*88%

4-88

®4'88%
©4*88%

4*88

60

April.

4*88%®4*89
4*88 ©4*89

4*85%®4*86

...

...

$$$

00 00

8..

...

45%

114%

117

1%

2%

xllO

40%.

.......

' 2

4*87%®4*88

...

...

...

...

...

...

...

...

...

...

...

...

...

1880.
Demand.

days.

4*84%®4‘ 85

4*87%»4*88

..S
4*84%'94‘ 85

87%®4‘88

4*84%©4* 85
4*84%®4* 85
4*84%'d4* 85

87
87

®4-88
®4*88

87

4-84%©4* 85
4*84%®4’ 85

87

®4-88
®4-87%
®4*87%r

87

..8
4‘84%®4 85

87%®4*88
87 %® 4*88%

4*84%04' 85%
4*85 %®4 86
4*85%®4 86

88Va>4*89

88%®4*89 "

®4 86

88

©4*89

Range 4*84%®4'80

4*87

*®4*89

...

4-85

IMPORTS AND EXPORTS FOR

MARCH.\ 1880.

Below is given the ninth monthly statement for the currentfiscal year of the imports and exports of the United States :
■
The excess of exports over imports of merchandise, stated in
Month ended March 31, 1880
—
Month ended March 31,1879
Nine months ended March 31,1880.
Nine mouths ended Maroli 31, 1879
Twelve months ended March 31, 1880
Twelve months ended March 31,1879

The

excess

follows

Month ended March 31,1880, excess of imports
Month ended March 31,1879, excess of exports
Nine months ended March 31,1880, excess of imports
Nine months ended March 31, 1879, excess of imports
Twelve months ended March 31,1880, excess of imports...
Twelve months ended March 31,1879, excess of exports...

The total values of

imports and of domestic

:36

56
79
t39
t69

165

79

170%

37
65
42

38

91%

specie values

160

*159
39%

44%

64

70

67 7s

79%
45

77%
43%

109

106%

and foreign

:

the 112
the
9 For
months end¬ months end¬

For

For the
mouth of
March.

1880.—Exports—Domestic
Foreign

....

ed Mar. 31.

::

8,472,594

911.760

11,170,401

$627,283,630 $779,075,833
468,208,087

70,902,969

Imports

ed Mar. 31.

$76,438,571 $618,811,036 $767,905,432

$77,3561331

Total

584,610,685

imports $6,447,362 $159,075,543 $194,465,143
exports

$65,187,450 $549,246,394 $707,298,319

1879.—Exports—Domestic

12,986,144
9,400,844
$720,284,463
$558,647,238
$66,154,745
967,295

Foreign

88

36%

96,09570,674,955
562,967

liBBCHANDISB.

Excess of exports over
Excess of imports over

76%

75,472,491

[Corrected to April 26, 1880.]

150

66

45%
80

$7,599*
1,876,099

exports for the month of March, 1880, and for the nme
March 31, 1889, are presented in

and twelve months ended
the following tables, all in

-

t 65
50%

and

:

26%
25
69

$6,447,362
24,298,134
159,075,543
229,272,061
194,465,148
283,971,594

^

exports of gold and silver coin

of imports or

was as

120

*45

160

©4*85%

*

:3i%

44%
69%

...

4*85
4*85
4*85

tl89
26%
*60%
70%
118% *116

*40%

86%

...

190

41
56%

89%

xllO

37%

118%

115

Demand.

days.

76%

76%

59%

76%

8

...

bullion

46%

44%
79%

xl07

specie values, was as follows :

133
90
30
8

*96

105

33%

41%

62

80%

*86

104

[Prepared by the Bureau of Statistics. 1

35%
109%
164%

92
89

105%

35
39
15
35

30%
105%
115

31%
53%

29%

83

109%

;111

36%

78

104

33%
72%

73%

70

33%
56%

17
94%
68

37%

.

pref
Northern Pacific ....

3
4
5
6
7

186

110
106% 109%
x68
128
117%
75
132%xl29% 137 xl35% 129%
125% xll7% 112
124 xll7
41%
47%
45%
45%
43%
63%
72%
71
Do
71
pref.
68%
159% 159% 159%
N. Y. N. H. & Hartf'rd 156
156
30%
27%
25%
25%
N. Y. Ontario «& W...
29
Do

1
2

9
10

114

60

April.

102
97
93%
110% *108%

105%

39%

Nashv.Cliatt.&St.L.
N. Y. Cent. & Hud. R.
New York Elevated
N. Y. Lake Erie & W.

.

*107
*125

60%
80

105

85%

BANKERS' STERLING EXCHANGE FOR APRIL,

92%
107%

102

5

-

Morris «fc Essex

St. L. Alton & T. H

20%
27%
*21%

25%
127

66%
104%
30%

109

47
15

92%

44

72
81

39%

xl05%

Metiooontan iMev... "114

Michigan Central....

91%

14%
35
30
107%
139

45
12
8

79
111%

67%
35%

69%

Do

58%
16%
93%

74%
80%
xl02%

Indiana Bl. & West...
Interna! & Gt. No..
Keok. & Des Moines

96%
110%
190
41%

94%

15%
89%

92%

Dubuque <fc Sioux C..
Hannibal & St. Jo—

97

151%

152%
44%
56%

Col. Chic. & Ind.Cent.
Del. Lack. <fc West’m.

Do

72

115

108
124

85%

104
xl03%
91%
93%
107% 106%

78%

Mo. Kans. & Texas

115

116

79

Chio.St.P.& Minncap.

pref.
Cent..

f

‘*67 “

57%
18
74%
72

80

86%

78%

•Prices asked.

49%
75%

149% xl23%
xl44% 140% 149% 148%xl23
75%
83%
77%

Clev. Col. Cin. & Ind.
Clev. & Pittsb., guar.

Do
Houst. 4c Tex.

*24%

27%

pref
23%
Chicago & Alton
*106% 106%
2d

Do

23%
*30%

35

—30%

lstpref.

78%

58%
80

Oreg’n R’y & Nav.Co. 110
Pacific Mail
46%
Pullman Pal. Car Co. *119
Sutro Tunnel
3%

*105

110

108
45
69

110% r108
50
54
76%
80%
69 %
66%

105%

Albany <fe Susq’hanna ‘106
53
Bos. & N. Y. Air-L. pf
t60
Burl. Cod. Rap. & No.
66%
Canada Southern....
Cedar Falls <fc Minn
Central of N. Jersey. *87'*
80%
Central Pacific
Ches. & Ohio
21'a

—n
-«-March.
-April.Apn
Low. High. Mar. 31. Low. High. Apr.30.
16
: .17%
11
11
15
58%
58%
*61
53 '
54

Feb. 28.
Various.
Boston Water Power.
!7%

MARCH AND APRIL.

RANGE OF STOCKS IN

Do
Do

451

THE CHRONICLE.

1S80.]

Total

41,856,611 329,375,177 436,312,869Imports
Excess of exports over imports $24,298,134 $229,272,061 $283,971,594
Excess of imports over exports

Telegraph.

American District...
Atlantic & Pacific....
Western Union

72%
48%
114%

x41%
104%

76

x43%
113% xl06%

72
42
104

GOLD AND SILVER—COIN

Adams

American
United States

Wells, Fargo & Co....

109%
56%
47%
103%

109%

114% "111%

60%

56

47%

50

108%

104

*58
49

106%

111%
57%
47

104%

113% tll4
59

49%

107%

57%

48%
107

2%
2%

2%

Excelsior Mining....
Homestake Mining..
La Plata Mining

34

Maryland Coal

Montauk Gas Coal..

New Central Coal.
N.Y. & Straitsv. Min.
..

6%
1%

9

*25
t75

Little Pittsb’g Min..

40
32
60
18
20
33

'

xl3%

2%
3%
9%
2%
42%
36
62
21
39
7

2%
40%
35
62

29
200

210

27

26%

57%
30%

50

3%

34

3%

9
*22

*210

*2

*

Prices bid.




37%

33

20%

17

23

64

63%

78%
6%

*2*7%

t Prices asked.

5%
24

33%

2%
3%
7%

6
2
35
35

40%
35

19**

*2*6“

3

19%

20

33%

36

Excess of imports over

exports

*2%
6%
2%

5%
50

50

29

35

105
190

107
190

34

tl8

5%
32

\ Ex privilege.

9%
22

2%
12
60

3%
26%

Total

$2,417,197

*35
*35

*33

6%

—

Foreign

5%
32

$18,802,210

5,270,840

7,757,504

$3,061,244

$15,892,581

$20,559,714

1212*

exports over imports
imports over exports

1879.—Exports—Domestic

....

Foreign

*64

4%
29%

25,996,747

$002,967
96,095

SPECIE.

$76,643,528 $626,546,231 $782,573,921
2,580,986

14,368,450

19.237,82*

557,311,629

$6,439,763

$83,603,052 $123,790,193

'

•

$67,604,647 $559,868,135 $726,100,520
1,611,342
43,041,765

Imports
Excess of exports over
Excess of imports over

678,021,551

72,784,751

14,671,684

20,743,648

$69,215,989 $574,539,819 $740,844,177

Total
34
*12

15,988,676

$79,224,514 $640,914,681 $801,811,744

Imports
Excess of
Excess of

70,674,955-

$10,621,741

TOTAL MERCHANDISE AND

1880.—Exports—Domestic

93,410,800

$

644,047

imports $1,876,090 $
exports

29

3
3
35
15
71

$

1,185,154

Imports
Excess of exports over
Excess of imports over

Total

20

3

Do

Standard Cons. Min’g

$22,735,911

7,599

$13,631,051
89,103,542
$
75,472,491

Foreign

3

3%
15%

8

27
54
35

pref.
Ontario Silver Mm’g.

2%
2%

19%

x6%
3%

Pennsylvania Coal... *205
*3%
Mariposa Land & M.
Quicksilver Mining..
Do
pref.
Silver Clift Mining..

8,067,42*

$1,874,183
1,881,782
imnnrts

$14,668,489-

5,895,856

Imports
F.yp-arh of p.Ynnrts nvor

1879.—Exports—Domestic

Climax Mining........
Colorado Coal & Iron
Consolidation Coal...
Cumberland C. & I..
Deadwood Mining...

Lcadville Mining.....

Total

$7,735,195

fl,669,226

Foreign

Coal and Mining.

Amie Consol. Mining
Caribou Consol. Min..
Cent. Arizona Min...

$204,957

1880.—Exports—Domestic

Express.

AND BULLION.

345,363,853

462,309,616

import* $20,174,224 $229,175,966 $284,534,501
export*

districts,

The following is a statement showing, by customs
the values of merchandise imported into and exported from

United States during

the month of March, 1880:

the

THE CHRONICLE,

452
Customs Districts.

,

Baltimore, Md
Boston, &c.,-Mass
Brazos, &c., Texas

$6,924,921

$5,282

8,685,533
129,202
293,333
171,281

4,671,525
108,728

154,139
52,249

38,312

135

673

1,929,678

35,205
142,359
50,294
333,306
39,303
10,692
15,549
73,077
901,132

19,568

3,292

123,876

604

394,936
54,193
66,132
481,672
4,656
12,416,608

49,218,924

33,074,584

22,269
539,962

280,469

264

4,256

3,569
109,208
53,313
2,874

1,540,429

4,126.939

3,897,589

87,120
3,166
5,800

782,584

■Champlain, N. Y
Charleston, 8. C
Corpus Christi, Texas
Detroit, Mich
Galveston, Texas
Huron, Mich
Key West. Fla
Minnesota, Minn
Mobile. Ala

"New Haven, Conn
New Orleanp, La
New York, N. Y

Foreign
Exports.

Exports.

$1,433,248

Buffalo Creek, N. Y

Niagara, N. Y

Norfolk, <fcc.,

Domestic

Imports.

Va

Oswegatchie, N. Y
Passamaquoddy, Me

Pensacola, Fla'
Philadelphia, Pa
Portland, &c., Me
Richmond, Va.
Baluria, Texas
San Francisco, Cal
Savannah, Gal
Vermont, Vt
Willamette, Oregon
Wilmington, N. C

84,655

176

2,799
43,157
682

80,779

g (ttammcvtinl

30 and 60 days’
3 months’bills

bills

273

$911,760

IJexxrs

BATES OF EXCHANGE AT LONDON AND ON LONDON

2^
2h

The rates of interest allowed

discount houses for

deposits are

Joint-stock banks
Discount houses at call
Do
with 7

Annexed is

2
or

Time.

OnParis
Paris

Antwerp....
Amsterdam.
Amsterdam.
Berlin

Hamburg

...

Frank! ort...
Vienna
Genoa

Rate.

Short. 25*25 ©25*30
April 15
3 mos. 25*42L»®25*47L>
25*47©25*52 ^ April 15
Short. 12*112 ©12*212
April J 5
3 mos. 12*312 ©12*4
*4
20*62
*©20*66
April 15
a
20*62
©20*66
April 15
a
20*62 ©20*66
April 15
a
it

12*712 ©12*1212
27*85 ©27*90

a

Madrid

a

4734©48

Cadiz
Lisbon

a

47

90 daj*8
8t.Petersb’rg 3 mos.
Alexandria..
New York...
Bombay.... 30 days
44
Calcutta
•

....

....

Shanghai....

....

25*27i2

Short.
Short.

25*31

4

i

29,691,032

28,373,888

Other deposits
26,374,381
Governing securities. 15.947,679
Other securities
18,607,495
Res’ve of notes & coin 15,967,962
Coin and bullion in
both departments.. 28,283,387

6,545.999
31,824,554

22,334,573
19,091,514

7,241,867
21,151,689
22,359.140
16,556,488

20*46i2

mos.

3 mos.

48*80

April 14 3

mos.
44

ADril 14

April
April
April
April
April

8d.
8d.

to liabilities
Bank rate
Consols
Eng. wheat, av.

97

11 Short.
14 4 mos
14
II
14
u
14
II

251332

fortnightly settlement

little

more

49*41
p. c.
93

32*93

42*63

3 p. c.

2 p. c.
95*8

95

41s. Od.
51s. 5d.
52s. 4d.
d^d.
5‘6lfid.
6^1.
64,680,000 109,437,000 112,727,000

The

following are the current rates of discount at the principal foreign centres:
Bank

Paris
Amsterdam....
Brussels

2i2

..

..

..

..

Erankfort
Vienna
St. Petersburg.

3

312

..

..

..

..

3
3
3
4
6

Open.
market.
Pr. ct.
2
©2is

Genoa
Geneva

234©3
3 ©314
2i2©2%
2

Bank
rate.
Pr. ct.
4
4

Open
market.
Pr. ct.
4

3i2©4

Madrid, Cadiz <fe
Barcelona
Lisbon & Oporto

© 2 L)

238©2»8
3i2©3^
5 @512

Copenhagen

4

4
6
m

Calcutta

m

m

©5

5i2©6
4 @4*2

4©4i2

New York

5^2/3>6^2

m

6

abated

early iu the week.

Spain, though the inquiry had
A considerable quantity of gold has

also, it is stated, been sent from Paris to Madrid.

Bar silver

India Council bills

were disposed of on Wednesday at
The following prices of bullion are
Pixley & Abell’s circular :

from Messrs

GOLD.

Bar
Bar

gold, line

per oz.

on

B.

standard.

accom¬

modation, and the payment of a large sum of money into the
Bank of England by Messrs. Rothschild—in connection with
Egyptian finance—has restricted the supply in the open market
and has given the Bank of England more control over it. It is
unquestionably the fact that there are .no present indications
of a return to very easy rates of money. Some are, indeed,
looking forward to a higher range in the quotations at an early
date, and most persons are confident that there will be no decline
from the rates now current. There is a very general demand
for money, and although the summer months are usually char¬
acterized by a certain degree of inactivity, the probability is
that the steady development of our commerce, and of general
enterprise, will continue to exert its influence in monetary
circles, and will enable capitalists to obtain better terms. The
additional inquiry for money is undoubtedly of a very healthy
character, indicating that assistance is required for legitimate
purposes. As far as our trade is concerned, this admits of no
doubt; while the loans and public undertakings introduced of
late have only been successful when the pnblic had been con¬

d.

B.' d.

91«3>

77 11

®

peroz.
peroz.
peroz.

74
73
76

6

©

peroz.

7C

per oz. standard, last price. 51i3ie©
do
5 grs. gold.per oz. standard,
523j6 ©
...peroz.
55io16©
.•
peroz. 53.38 ©>
per oz
©
Quicksilver, £6 17s. 6d.
Discount, 3 per cent.

Messrs. Hambro & Sons have introduced
for

£1,156,000, of which £881,000

a

75

0

9 ©
3*2®
354®
d.

Bar silver, fine
Bar silver, eontain’g
Cake silver
Mexican dollars
Chilian dollars

the Stock Exchange

animation in the demand for

77

gold, containing 20 dwts. silver, per oz. standard.

Spanish doubloons

South American doubloons
United States gold coin
German gold coin
silver.

The money market has presented a steady appearance during
the week, and there has not been much variation in the rates of
a

26,194,994

2

price

4*84
Is. Shfid.
Is. 8ii«d.
3s. 9^d.
5s. 23sd.

.

has caused

33,516,239 22,925,444

48*55
3 p. c.
99

48s. 4d.
Mid. Upland cotton7d.
Clearing-Houseret’n. 96,937,000

active.

London, Saturday, April 17, 1880.

The

12,779,964

reserve

fFrom our own correspondent.]

discount.

15,329,901

9,846,189

has declined in value, owing to the fall in the Indian exchanges;
but Mexican dollars are higher, the demand for China being

5212@5*2o6

1 s.
Is.

14,906,801

£

28,744,433
6,157,402
19,490,216
23,190,134

Gold continues in demand for

12*0812
20*45
20*47
11*91

if

1877.

£

....

Short.

1878.

£

Is. 7 13-16d. the rupee.

24l&i«@25ii«

....

Hong Kong..

Short.

April 15 3

April 14

Rate.

1879.

Circulation, including
£
Bank post bills.... 27,619,301
Public deposits
6,208,026

Hamburg

481ft

••

•

Time.

21*

showing the present position of the
England, the Bank rate of discount, the price of Con¬
sols, the average quotation for English wheat, the price of
Middling Upland cotton, and the Bankera* Clearing-House
return, compared with the three previous years :

Berlin
Latest
Date.

14 days’notice

Bank of

rate.

EXCHANGE ON LONDON.

Per cent.
2
.

Pr. ct.
April 17.

by the joint-stock banks and
as follows :

statement

a

AT LATEST DATES.
EXCHANGE AT LONDON—

Per cent.

4 months’ bank bills
23* ©27e
6 months’ bank bills
278@3
4 & 6 months’ trade bills. 3
©3*u

Open-market rates—

Proportion of

$70,902,969 $76,438,571

Total

Open-market rates—

1880.

204,689
56,550
2,739,183
2,719,394
92,618
339,577
211,018
683,948

463,710
11,888
23,659
122,687

All other districts

1,686

26,955
32,187
300,754

1,388

Per cent.
3

Bank rate

.

2,416,788

4,044,068

[Vol. XXX.

d.
....

....
....
....
....

Norwegian loan

offered for public sub¬
scription. The price of subscription is £97 10s. for each £100
stock, the rate of interest being 4 per cent per annum. The
object of the loan is to redeem the 4^ per cent loans issued in
1858 and 1863, and partly for other State requirements, includ¬
ing a further contribution to the Norwegian Mortgage Bank.
are now

The next series of sales of colonial wool
commence

on

the 20th insfc.

are announced to
The arrivals amount to about

320,000 bales, and it is expected that about 350,000 bales will be

brought forward.
The weather has been very

popular, while the foreign loans brought forward have
chiefly for small amounts, and for countries which, though
not amongst the leading nations of the world, are yet
relied
upon for their integrity. We have not yet reached the period
of recklessness in the investment of our surplus capital, and it
is hoped that that period is still remote.
Money has been in fair demand throughout the week, and

favorable for the young crops
during the week. There has been a copious fall of rain, which
was much needed, and the last two days have been warm and
genial. Vegetation is making, therefore, good progress, and
there is an increasing belief in an improved agricultural future.
Very scanty supplies of home-grown produce have been on
offer throughout the country; but there is a fair show of for¬
eign produce. Buyers operate with caution, and as prices con¬
tinue to give way in New York the tendency is downwards on
this side. The movement is, however, a very slow one, owing
to the small quantities of English wheat offering.
On the Stock Exchange, during the week, business has been
somewhat irregular, but, on the whole, firm. This was espec¬
ially the case early in the week; bat the uncertainty of the
money market has lately induced operators to be more cautious.
Egyptian bonds have attracted considerable attention, it having
jeen officially announced that all points of difficulty between

the rates of discount

Messrs. Rothschild and the

vinced of their soundness.

The loans for

our

very

been




are

firm

as

under:

i

colonies

are

still

Egyptian Government have been

May

THE

1, 1880.J

There has also been some activity in the market for
Atlantic & Great Western Railroad bonds, and especially for
the 1st preference; while there has been some influential buying
of Canadian railroad bonds, which has led to a decided rise in
arranged.

prices.
A

Russian loan will be

new

brought out

on

the European

markets as soon as the Russian Government, and those
whom they may entrust the operation, can see the way clear

money

to

453

CHRONICLE.

During the week ended April! 10, the sales of home-grown
in the 150 principal markets of England and Wales
amounted to 24,643 • quarters, against 52,939 quarters last
year; and it is estimated that in the whole kingdom they were
98,600 quarters, against 212,000 quarters in 1879.
Since
harvest the sales in the 150 principal markets have been
997,556 quarters, against 1,757,739 quarters; while in the whole
Kingdom it is computed that they have been 3,990,210 quarters,
against 7,031,000 quarters in the corresponding period of last
season.
Without reckoning the supplies furnished ex-granary
at the commencement of the season, it is computed that the
following quantities of wheat and flour have been placed upon
wheat

satisfactory price. A new Portuguese loan for
£3,000,000 will, it is understood, be brought out in a few days.
Only a few elections have now to be held in the more distant
parts of the country, and these will have no effect upon the gener¬
al result. The Liberal party has undoubtedly succeeded beyond the British markets since harvest:
1878-9.
1879-80.
1877-8.
1876-7.
its own anticipations. It has a substantial majority, without
Imports of wheat.cwt.33,355,361 29,684,805 36,498,630 23,200,710
reckoning upon the support of the Home Rulers, and this fact Imports of flour
6,706,567
5,316,056
5,592,136 3,805,195
has had the effect of promoting confidence amongst most Sales of homo-grown
produce.....
17,291,000 30,467,500 24,329.000 23,574,700
classes of the community. The reason for such a change in
Total..
62,352,923 65,463,361 66,419,316 53,640,605
the opinions of the electoral body is now the subject of much
Deduct
exports
of
wheat and flour....
947,206
1,236,521
1,243,811
604,601
discussion, and the more general conclusion arrived at is that
Result...
61,405,632 G4,231,840 65,175,975 52,970,001
years of depression in trade have led the working classes,
whose votes have a great preponderating influence, to desire a Av’ge price of English j
wheat for the season. 46s. 10J.
40s. 4d.
52s. 8(1.
493. Gil.
change, hoping it may bring about some advantage to them.
The following figures show the imports and exports of cereal
The change would probably therefore have occurred, whether
the Government had been Whig or Tory. Those who, though produce into and from the United Kingdom since harvest, viz.,
from the first of September to the close of last week, compared
Liberals, have given their support to the Government policy will
with the corresponding period in the three previous seasons:
now be desirous of knowing what is the process by which the
IMPORTS.
end sought by the present Government could have been
1879-30.
1878-9.
1877-3.
1876-7.
attained by the Liberals. The opposition has been on several Wheat
cwt.38,355,361 29,684,805 36,498.680 23,200,710
10,546,479
7,443.989
9,165,737 9,563,762
occasions hardly pressed for an answer to this question; but, Barley
Oats..
5,508,850
6,571,218
G,912,519
6,305.861
Peas
1,375,482
971,713
1,118.804
819,929
excepting the trite reply of an eminent member of the House
Beans
1,659,019
770,311
2.276,643
3,056,654
that’s tellings,” no response has been given. Mr. Gladstone Indian corn
15,079,287 19,327,939 19,295.913 20,213,555
6,706,567
5,316,056
3,365,195
5,592,136
and several other leading statesmen are anxious now that the Flour
EXPORTS.
past should be forgotten, and are desirous of convincing their
1879-80.
1878-9.
1877-8.
1876-7.
856,311
638,919
.....cwt.
1,145,272
1,203,312
supporters of the need of legislation for the future. We are Wheat
16,451
90,340
33,542
37,620
inclined to believe that the change of government will be bene¬ Barley
Oats
68,030
59,023
23,264
77,501
84.723
12,122
15,862
19,953
ficial to the country. After six years of laborious work, a Peas
Beans
26,404
7,025
14,836
18,973
change is to some extent necessary; and as, during the past six Indian corn
565,465
290,961
146.315
307,847
Flour
90,935
91,249
40.529
25,682
years, many difficulties in the commercial and financial world
have been overcome, we start again with good prospects and
Knglisli Market Reports—Per Cable.
with many indications of renewed prosperity.
The daily closing quotations in the markets of London and
Annexed is a return showing the extent of our exports of
British and Irish produce and manufactures to the United Liverpool for the past week, as reported by cable, are shown in
States durmg March and during the three months ended the following summary:
March 31 :
London Money and Stock Market.—The bullion in the Bank
EXPORTS.
of England has decreased £128,000 during the week.
to float it at

a

.

“

.

*

*

In March.
1879.
1880.

cwt.

Alkali

,,

£

202,608
3,453

328.364
6,274

doz.

38,385

25,858

bbls.

1,887

2,606

Cotton piece goods..yds. 5,886,900
Earthen w.&porcelain. £
76,783

7,568,900

Apparel and slops
Bags and sacks
Beer and ale

In Three Months.
1879.
1880.

735,660
14,178
92,169
4.699
86,165,600
149,228

94,269

878,29G
22,535

87,971
5,711

26,525,400
223,724

Haberdashery and mil¬
linery

£

Hardware and cutlery.£

Iron—Pig
Bar, &c
Railroad

tons.
tons.

tons.

,

Hoops,

sheets

and

boiler platen
tons.
Tin plates...,
tons.
Cast or wrought..tons.
Old
tons.

22,343
30,035

50,275
43,170

3,429
524
372

106,302
10,482
15,198

146
14,801
845
' 1,034

4.479
14,801
428

,

44.861

Steel—Unwrought .tons.
657
5,625
tons.
42
113
Lead—Pig
Jute yarn
lbs.
618,900
112,000
Linen piece goods...yds. 8,847,400 9,436,500
Jute manufactures, ex¬
cept bags
yds. 4,202,900 7,669,000
Machinery
£
18,603
38,553

83,597
83,164
9,792

127,200
117,259
232,523

715

23,827

1,184

43,367

235
32,933
1,798
1,601
1,432
83
292,400
27,736,400

14,421
42 071
2,201
99,362
11,125
183

1,699,900
35,939,000

i...,

Other

36,834

103.747

343

6G6

265

130

cwt.

kinds, except

paper

only
Do of

433

225

1,981

991

17,862

12,080

61,704

56,748

35,063

26.010

118,792

117,873

733

334

2,774

1,166

1,819

3,308

6,226

10,301

3,352

9,078

13,056

2.3,674

2,354

3,813

11,970

15,747

5,157
7,939
4,785
4,446
52,300.2,387,100

15,661
9,117
117,000
2,576,000
575,000

15,294
9,484
5.737,900
12,198,120
1,231,200

liangings.cwt.

Salt
tons.
Silk broad stuffs....yds.
Ribbons
£
Other articles of silk

£
silk

and other
£

materials

Spirits—British

gals.

Stationery—Other than
£

paper

Tin—Unwrought ...cwt.
Wool—British

lbs.

yds.

JVorsted stuffs
Carpets,
rugs....

not

72,900

4,430,600
283,500

yds. 3,170,900 3,719,800

being
yds.

9,400

160,100

7,917,200 11,533,200
63,600

quantities of iron and steel rails
shipped to the United States in March and during the three
months:
T




tons
•.

1879.
372
301

875

Thurs.

Fri.

April

April

April

26.

27.

28.

29.

30.

5H%6
99%6
99l,0

5115,6

52%

52%

99b6

981516

99lie
99%6

-

Consols for money
9815ie
Consols for account.... 981516
U. S. 5s of 1881. ....i.... 104%
111%
U. 8. 4%s of 1891
109%
U. 8. 4s of 1907
44%
Erie, common stock
110
Illinois Central

51%
98*Bis

99l,6
101%

111%
109%
44%
110

56% *

56%
Pennsylvania
Philadelphia& Reading. 34%

991 is

104%
111%
109%

99%
104%

104%

111%
109%

111%
109%

44%
109%

109

56%
30%

....

32

33

,

104%
111%
109%
43%
109

108

56%

56%
33%

43%

43%

Liverpool Cottm Market.—See special report on

cotton.

Liverpool Breadstuff* Market.—
Mon.
d.
8.
14 3
10 2
9 9
10 9
10 11
9 9
10 4
5
3%
5 2%

Sat.
d.

8.

Flour (ex.

3
2

State) $eent'l. 14

Wheat,spr’g,No.2,1001b. 10
Spring, No. 3...
“
9
“
“
“
“

Winter.Wc8t.,n.
Southern, new
Av.Cal. white..

California club.

9
9

10
10 11
9 9
10 4
4
3

Corn,mlx.,W.old$ cent’l 5
do

do

“

new.

5

14

10

Thurs.
d.
8.
14 0
9 11

Wed.

Tues.
s.
d.

d.
0
1

8.

14
10

0
1

9 8
10 8
10 10
9 7
10 3
4 11
4 10

.

.

.

-

.

10 7
10 9
0 7
10 3
4 11
4 9%

.

. .

10
10
9
10
4
4

Fri.

d.

8.

14 0
9 10
•

.

5
7
G
1

•

•

•

10
10
9
10

9%

4

7%

4

3
5
6
1
9
8

Liverpool Provisions Market.—
d.
0
6
6
0
0
0

“

Cheese. Am. choice

65
34
35
75
38
75

8.

65
34
35
75
37
75

0

75

Wed.

Tues.

Mon.
d.
8.
65 0
34 6
35 0
75 0
37 6

Sat.
8.

d.
0
6
6
0
6

8.

65
34
35
75
37
75

0

d.
0
0
6
0
6

0

Thurs.
d.
8.
65 0
34 0
35 0
75 0
37 6
75 0

Fri.
d.
65 0
34 0
35 0
75 0
37 6
75 0
8.

London Petroleum Market.-—

PetTeum,ref. #gal... ©
Pet’Ieum, spirits “
ra
..

..

..

..

.

®
®

Wed.

Tues.
d.

Mon.
d.

Sat.
d.

..

6

®6%

..

..

*©

..

..

ft

Fri.

Thurs.
d.

d.

6%

..

6%®7%

..

-a

..
....

®
®

..
..

Commercial anclUligcellaneous ffiems.
Imports

•
March—Iron rails
Steel rails
m d months—Iron rails
Steel rails
,

Wed.

696,100

The following were the

m

Tues.

April

24.

Short clear

Colonial & foreign.lbs. 1,189,000

Woolen cloth

Mon.

April

d. 51%

Silver, per oz

.

Paper—Writing or print¬
ing

Sat.

April

v

1880.

10,518
4,010
25,067
17,522

and

Exports fob the Week.—The

imports of last

week, compared with those of the preceding week, show
a
decrease in both dry goods and general merchandise.
The total

imports

were

$10,908,842, against $12,273,708 the pre-

•

THE

454

CHRONICLE.

[Tol. XXX.

West Side & Yonkers.—A mortgage from the West Side &
ceding week and $8,938,079 two weeks previous. The exports
Yonkers Railway Company, organized in 1879, to the Central
for the week ended April 27 amounted to $8,198,954, against Trust
Company was recorded this week. The instrument was
$7,555,588 last week and $7,545,332 the previous week. -The dated Feb. 1,1880, and is given to secure the payment at the
following are the imports at New York for the week ending end of thirty years of registered first mortgage bonds of $100
(for dry goods) April 22 and for the week ending (for general each, aggregating $1,142,500, and bearing interest at the rate
of 6 per cent. The railroad company is about- building a rail¬
merchandise) April 23:
road from River Street and Eighth Avenue to Yonkers, connect¬
FOREIGN IMPORTS AT NEW YORK FOR THE WEEK.
ing with the upper terminus of the Metropolitan Elevated Rail¬
1877.
1878.
1880.
1879.
way by a bridge over the Harlem River, authorized by the Rapid
Dry Goods....... $1,111,845
$1,148,496 $1,785,385 $2,302,469 Transit act passed by the Legislature in June, 1875.
General mdse...
5,687,716
6,132,219
5,183,353
8,606,373

210—Str.

234—Str.

*

$7,473,101 $10,908,842
95,365,350 154,245,184

$6,331,849
90,653,114

$7,244,064

Total week
Prev. reported..

103,028,044

$96,984,963 $102,838,451 $165,154,026

Total s'ce Jan. l.$110,272,108

New York

report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
opecie) from the port of New York to foreign ports for the
week ending April 27:
In

EXPORT8 FROM NEW YORK FOR THE WEEK.

1830

1879.

1878.

1877.

For the week....

$4,591,867

$5,945,499

Prev. reported..

81,774,138

107,557,456

$8,196,954
$6,956,903
96,480,289 106,094,123

$113,502,955 $103,437,192 $114,291,077

following will show the exports of specie from the port
of New York for the week ending April 24, and also a com¬
The

parison of the total since Jan. 1, 1880, with the
totals for several previous years:
April.

$1,600

Liverpool

London

Mex.g’d (eagl’s)

9,000

Havana
Hamilton

Total for the week ($11,580 silver, and

Tot.since Jan. 1, *80 ($1,663,278 silv., and
1879
1878
1877
1876

The

been

$6,602,901
7,063,105
4,853,632
16.033.447

22,800
3,900
9,980

$47,280
3,164,594

$35,700 gold)

Previously reported ($1,651,698 silv., and $1,512,896
Same time in-

corresponding

Mex. silv. dole.
Span, doubl’ns.
Eng.goid sov’ns
Mex. silv. dols.

St. Jago de Cuba

Santiago
Niagara
*22—Str. Bermuda
24r—Str. Celtic
24—Str. Rhein

gold)

..

$1,548,596 gold) ..$3,211,874
Same time in1871..... $25,143,056
1870
8,689,287
1869
10,914,451

Same time in1875
$23,183,975
1874
11,230,486
1873
18.527,757
1872
10,763,548

22,821,938

1868

imports of specie at this port for the same periods have

as

follows:

Average amount of

U. S. of Colombia. ..Am. silv. coin..

21—Str. Bermuda
British West
21—Schr.E. B. Coombs...Venezuela

250
206

Gold bullion...
Silver bullion..

1,000
1,350

Indies.Am. silv. coin..
Am. silv. coin..
Am. gold coin..

2.237
3,558

Trade dols
For. silv. coin..
For. gold coin..

1,500
58,441

Indies.For. gold coin..
Am. silv. coin..

2,921

1,338

2,015
17

For. silv. coin..

183

83

Am. silv. coin..

21—Schr. F. E. Mo i^onald. Venezuela

West Indies

21—Str. Alps

$1,232

Am. gold com..
For. silv. coin..

19—Str. C. of Dallas
British West
19—Str. C. of Alexandria.Mexico

For. silv. coin..

2.17

Am. silv. coin..

41,316

620

Am. gold coin..
For. silv. coin..
For. gold coin..

5,000

2,278

Am.

1,050
500
1,200

Am. silv. coin..

2,100

Am.

1,010

Danish West Indies. Am. silv. coin..

23—Bark Kestrel

gold coin..
Danish West Indies.Am. silv. coin..
Am. gold coin..

Felicia

Venezuela

gold coin..
Am. gold coin..

Porto Rico

Canirna

24—Str. Alvo

$12,279 gold)
Previously reported ($1,663,435 silv., and $1,196,299 gold)

Tot. since Jan. 1, ’80 ($1,796,858 silv., and

..

$3,459,278

1875

10,412.378
6,270,074
1,552,308

1$74

$5,593,610
1,234,079

1873
1872

1,593,530
638,519

following table shows the receipts and payments at the
Sub-Treasury in this city, as well as the balances in the same,
for each day of the past week:
Balances.

Payments.

Receipts.

.April 24...

677,4i6 28

26...
27...
28...
29...

1,277,696 79

44

30...

Total

Gold.

$
666,207 31 101,402,103 21
1,214,365 21 101,664.792 08
$

$

44

Republic

*...

:

847,004 92

349,889 26 102,187,098 28
396,670 57 102,366,131 69

784,295 98
2,030,459 68

1,920,401 73 101,098,421 81
2,839,230 08 100,040,911 21

952,649 71

6,569,553 36

Currency.

$
6,377,582
6,178,225
6,258,679
6,529,980
6,661,584
6,910,324

76
47
72
66
79
99

7,386,764 16

Yirginia State Finances.—A despatch from Richmond, Va.,;

486,000
61,000

1,276.400

3,181,000
6.323.600

605.000

336.800
50.000

North America..
Hanover

Irving
'.
Metropolitan....

Nqpsau
Market
St. Nicholas
Shoe A Leather..
Corn Exchange..
Continental

320.500
170.600

102.800

299,10C

980.000

99,00C
10,40*
444,10(

40,100
158,000

1.294.500
952.000

109,50(

82.900

13,020,000
14.772.30C'

581,00<
1,939.G0(
2,769.30<

92,000
436.000
1,002,100

2.811.400
9,188,000
10,203,400

5.364.800

739.90C

257.300

3.377.700

486,70(

107.400
211.300
122.700
134.100

4.040,000
2.960.200
1.981.100
8.137.700
3.404.000
1.158.700
2.263.500

Park
...

N. Y. Nat. Exch..

Bowery National

2,325,000
7.974.800
2.789.800

11,253.000
1.702.000
2.409.600

500,000
500,000

3.239.000

3.859.800
5.455.800
1.523.600
2.887,000

1,000,000

2.403.00C
182.90C
113.700
50.80*.
418.00C
602,000

59.600
246.000
123,000
198.000

212,lot
1.308,000

258.500

81.400
712.000

168.000
551.900
763.500

1,015,700
15.354.100
8.079,000

587,900

729,000

757.000
363.000
344.600
352.500

1.362.100
1.282.600
2.158.100
2,843,000

30.000
44.000
193.500
599.100

1.540.700

245,200

200,000
750,000
300,000
100,000

16.677.00C

723,300
14,300.000
7,020,000
3.038.000
3.920.300

1,376,200
175,000

723.100
95.800
281.000
809.800
90.200
147.600
54,700

1,410,700
900.006

179.800

1,125,odd

132,000
5,400

800,000
437.800
45.000

268.600
3.900

456,000

1,293.300

7,577,000
1,352.000

37.800
627.200
450,000

1.738.200
3,330.000
2.514.200
5,652,800
1,373.600
3.252,000
18,472,300

2.375,300
521,400

2.700
474.200

444.800

882.700

350.000

180.000
,

1.905.700

74.600

3.313.800

718.600
201,700

1.872.000

38.200

4.338.700
11.915.000

057,400

1.659.900

115.400

2,729.000

793,600

7.993.700
2.558.100
10,798,000

111,900
35.300
71.300

818.200
857,000

240,000
250,000
8,200,000
2,000,000
300,000
750,000
500,000
1,000,000
300,000
250,000

Fifth Avenue....

220.800
703.OQ0
252.100
124.100
440.800

17,524,400 4.179.600
14,251,600 3.409.100

500,000

Germ’n Americ’n

63.000

142,000
421.800

1.624,10<
441.90* •

2.026,100

1,000,000

Chase National..

97,60*
234,001

2.148.900

1,000,000
500,000

N. York County..

720,80*

1.342.900

300,000

Mech. Bkg. Ass’n
North River.
East River
Fourth National.
Central Nat
Second Nation’l.
Ninth National..
First National...
Third National..

248.1CK
641.30(

537,000

862,100
2.021.000
737,800

5.613.100
3,202,300

400,000
1,500,000
2,000,000

lVlOO

478.300
406.800

600,000

Oriental

3.515.300
5.819.400

181,100
99.200

<

400

2,527,700

108,000

2,218,500
332,000

2.143.400

3,000.000

562,200
44,500

12,647,000
8,478.000
3.981.600
1.452.400

1,006,000

Citizens’

4.477.200
5.181.300
5.111.300

79.800
80.200

970.900
2.757.900
826.200
3.542.400

500,000

495,000

315.800

3,047.500
1,680,000

450,000
412,500
700,000

People’s

S

$
8,542.000

2,637,000
6.641.100
1.864.700
1.192.900
11,387,800
2,572.000
2.138.200

1,500,000

Chatham

12.943,000
7.870.400

1,033.500
1.086,500

1,332,000
1,847,000
2,876,000
1.523.500

450.000
4.600

751.900
180,000
1.111,6C0
533.900
857.200
225.060

810.COO

1,484,000
45,000
430,000
450.000
_

800.000
270.000

224,000
180,000
243.200

60.475,200 278,886,200 48.983,600 15,432,100 248,896,700 30,612,800

Total

The deviations from returns of previous

week are as follows :

Loans and discounts

Dec. 45,364,600 | Net deposits

8pecie

Dec.
Inc.

Legal tenders

Dec.

1,067.200 I Circulation
1,566,100 1

...Dec.

$4,623,100

230,200

BANKING AND FINANCIAL.
FISK

Sc

HATCH,

NO. 5 NASSAU STREET,

3,600

8,463,145
2,817,142

1868

800.600
833.300

8.503.700

422,700

Pacific

9,733

The

44

Mercantile

NEW YORK.

FIRST MORTGAGE BONDS
of the

NEW YORK WOODHAVEN

& ROCKAWAY RAILROAD

COMPANY.

Interest Seven per cent per Annum,

„

Same time in—
1871
$2,994,481
1870
6,340,509
1869

6,553.000
4.438.600

1,000,000
1,000,000

Broadway

127

2,859,734

728.100
1.173.600

1,932.000

8,740.000
6.354.400

300,000

400

$1,208,578 gold).. $3,005,436

Same time in—

Same time in-

’4‘

1,000,000
1,000,000
300,000
200,000
200,000
600,000
300,000
800,000
5,000,000
5,000,000

Tradesmen’s

$145,702

Total for the week ($133,423 silver, and

“

Chemical
Merch’nts’ Exch.
Gallatin Nation’l
Butchers’&Drov.
Mechanics’ & Tr.
Greenwich
Leather Man’f’rs
Seventh Ward...
State of N. York.
American Exch..
Commerce

City

220

Am. silv. coin..

Germany
Trade dols
U. S. of Colombia...Am. silv. coin...

24—Str. Neckar

1879
1878
1877
1876

Fulton

Union
America
Phoenix.

6,568.000

I
486,000
172.700
206.20C

*

t

t

2,000,000
2,050,000
2,000,000
2,000,000
1,200,000
3,000,000
1,000,000
1,000,000
1,000,000
600,000

New York
Manhattan Co...
Merchants
Mechanics’

dept’s Circula¬
Legal
other
tion.
Tenders. than U. S.

Specie.

discounts.

Importers’ & Tr..

17—Str. Crescent City

Net

Capital. Loans and

Banks.

Marine

April.

shows

following statement

our

Total s’ce Jan. 1. $86,366,005

til

City Banks.—The

the condition of the Associated Banks of New York City for the
week ending at the commencement of business on April 24, 1889:

Fayable January 1 and July 1, in New
Principal due in

York City.

1909.

TOTAL AMOUNT OF ISSUE.
Price 106 and Accrued Interest.

-

$1,000,000

The natural advantages of Rockaway Beach, with the ocean on one
side and Jamaica Bay on the other, enhanced by the extensive improve¬
ments now in progress and to be completed in time for the

coming

attractive sea-side resort in the world;
and when brought within easy reach of New York and Brooklyn by a
double-track rapid transit railroad, with first-class appointments, w
cannot fail to he thronged with visitors from all parts of the country.
season,

will render it the most

BONDS

PURCHASE MONBY FUNDING
of the

CHESAPEAKE Sc OHIO

RAILWAY COMPANY*

Interest Six per cent per annum, payable
New York City.
Principal due in

January 1 and July 1 hi

1898.

‘

TOTAL AMOUNT OF ISSUE,
Price 107 and Accrued Interest.
These Bonds are the First Lien on

-

the entire Property and

$2,350^00
Franchises

of 423 miles of completed
April29, says: “The Supreme Court of Appeals of Yirginia road, represents a capital in Stock and Bonds of over $50,000,000; ana,
tcC-day decided the cause that has been for some days pending with the steady growth of the business of the road, and the perfection or
before it, to test the constitutionality of the McCulloch debt its connections and terminal facilities, now in progress, It is rapidly
:r
settfement law. The Court decided the law to be constitutional, increasing in value.
And held that the coupons from the bonds must be received by
Both the above issues of Bonds, of which we have but a small amount
the Auditor in payment of all dues to the State, and that no still unsold, are especially desirable for investment purposes.
FISK Sc HA3C&
A x can be deducted from them.”
,




of the Company.

The property, consisting

;

THE

1680. J

May 1,

455

CHRONICLE.

Bonds.—Government securities remained very
strong, as the supply offering is quite limited. At the Treas¬
ury purchase on Wednesday the total bonds offered were
$7,835,400, and Secretary Sherman accepted $3,000,000, as fol¬
lows : $1,148,600 fives of 1881; $1,593/400 sixes of 1881; and
United States

(Saxettc.

£kc jBaitlicrs'
NATIONAL BANKS

banks organized

No national

ORGANIZED.

during the past week.

$258,000 sixes of 1880.
The closing prices at the

DIVIDENDS.
The following

dividends hare recently been

Name of Company.

TSnston A

Per

When

Books Closed.

Payable.

(Days inclusive.)

Santa Fe

$4

2%,

Fitchb*g A N. B., pref.
Cleve., pref
.

A Ga
M fin eh eftfcer A Lawrence
Nashua A. Lowell

East Tenn. Va.

(Stoning.) quar.

Banks.

American Exchange
Fulton National

National Mech. Banking

Aes’n

...

Union National

M Iscellaneous.

Pullman Palace Car

(quar.)

1
1
1
May 1
May 1
May 10 May 2 to May 10.

5
2

May 15

May
May

FRIDAY* APRIL

April
April
April
April

24 to May 2.
18 to May 2.
24 to April 30.
28 to April 30.

Ffnaneial Situation.—The finan¬
cial situation remains much the same as last week. The sup¬
ply of loanable funds is sufficient to meet all current wants,
but there has been quite an alarm over the reported with¬
drawal of several millions of banking capital by the Canadian
banks and other foreign bankers, in consequence of the law
in
passed at Albany proposing to tax such capital
this State. The bill which has been passed by the Legislature,
and is now in the hands of Governor Cornell, is that—
“All persons and associations doing business in the State of New York
as merchants, bankers or otherwise, either as principals, agents, mana
fers
partners,
whether
tate,or
shall
be assessed
and taxed onor all sums used or employed in any
manner in said business, whether money or credit, the same as if they
were residents of this State; and said tax shall be collected from the
Tlie Money

6s, 1880
6s, 1880
6b, 1881
6a, 1881
5a, 1881
5a, 1881
4i«8,1891
4%s,1891
48,1907
4a, 1907
6a, curicy,
68, eur’oy,
6a, curioy,
6a, curicy,
6a, ouricy,

Market and

employed

special

otherwise, and resident of this

property of the firms, persons or
belong. ”
It is thought, however, that

associations to which they severally

the Governor will veto it, or

*

*10414 *104% *104%
reg. J. A J. *10414 104% *104%
coup. J. A J. *106i« *106% *106%
r eg. J. A J.
*106is *106% 106%
coup. J. A J. *102% 102% 102%
.-Feb.
reg.
*103% 103% 104
coup. .-Feb.
.-Mar. 108% *108% 108%

reg.
coup.

reg.
coup.

1895..reg.
1896..reg.
1897..reg.

1898..reg.

1899..reg.

This is the price

The range
of each class
lows :

,-Mar.

.-Jan.
-Jan.
A J. *126
A J. *126
A J. 126
A J. *126
A J. 126

104%
*104%
*106% *106%
*106% *106%
102% *102% 102%

*104%
*104%
*106%
-106%

*104
*104

104

*104

*125

*125

*125

*125
125
126
126

*125
*126
*126

30.

*104

108% *108%
*108%
107% *107%
*107% 107%
109

125
125
*125
*126
*126

*125
*125
*125
*125
*125

made at the Board.

in prices since January 1,1880, and the amount
of bonds outstanding April 1, 1880, were as fol¬
1, 1880.

Highest.

Amount April

1, 1880.

Registered.

Coupon.

$13,865,000
176,938,550
290,660,050

102% Jan. 13 104% Apr. 23
104% Jan.
7 106% Apr. 27
Feb.
103
2 104% Apr. 28
106% Jan.
2 109% Feb. 17
103
Jan.
2 107% Apr. 30
125
Apr. 21 126% Feb. 17

Closing prices of
the range

*125
*125
*125
-125
*125

bid; no tale was

Lowest.

6s,cur’ncy.reg.

29.

*108%
108% *108% 108% 108%
107% *107% *107%
107
*107% 107% 107%
107

Range since Jan.

6s, 1880
cp.
6s, 1881
cp.
5s, 1881
cp.
4%s, 1891.. cp.
cp.
4s, 1907

April April

AJf A|erU A2P7U A&u

Interest
Periods.

30* 1880-5 P. M.

New York Board have been as fol¬

:

23.

May
May
May

1
1
May 1
May 1

3%
3%
2%

National....

May 18 to May

On dem.

3
5
3
5
3
2

(!inn. San. A

N.Y. Prov. A Bos.

May 25
May 15

1%

Albanv

Bos. Clint.

lows

Cent.

Railroads.
Atchison Topeka A

announced

170,058,800
514,793,950

three weeks past and

1880, were as follows:

Apr.
16.

else

224,223,400“

64,623,512

securities in London for

since January 1,

$3,421,000*
61,897,900
208,302,850
79,941,200

Apr.

Apr.

23.

30.

Range since
Lowest.

Jan. 1,1880.
Highest.

x04% Apr. 15 106% Jan. 12

x04% 104% 104%
111% Apr. lO*
returned by him and modified so as to make it U. 8. 5s of 1881...
111% 111% 111% 109% Jan. 2
U. 8. 4%s of 1891.
109% Feb. 19>
Jan.
2
106%
109%
109%
109%
less objectionable.
U. 8. 4s of 1907...
The general change of commercial prosperity in the country
State and Railroad Bond*.—Transactions in State bonds^
is wonderfully shown in some of the statistical results. The
have been limited. A victory has been gained in Virginia*
immigrants landed at the port of New York in the month of where the State Court has sustained the McCulloch funding
April have numbered about 50,000, the largest of any month in law. Bids were received by the Treasurer of Kings County for
the history of the port. The Bureau of Statistics at Wash¬ $266,000 five per cent bonds, payable in 1891. The total
ington has just issued the figures showing the commerce of the bid for was $1,629,000. The $266,000 was awarded as follows:
South JBrooklyn Savings . Bank, $216,000 at 105‘65@106*55
United States for the month of March, and for the nine months
Geo. K. Sistare’s Sons, $50,000 at 105*57.
ending March 31,1880. During March the imports of mer¬
Railroad bonds are higher, and Erie second consolidated were
chandise amounted to 170,992,000, against $41,856,000 for the particularly strong and active at the close.
Messrs. A. H. Muller & Son sold the following at auction:
corresponding month of 1879. The exports were also very large,
Shares.
the total of merchandise being $77,350,000, compared with $66,Shares.
13 Republic Fire Ins
75
13 Merchants’ Nat. Bank.. .135%
50 Long Island Fire Ins
136
154,000 in March, 1879. The imports (not including specie) from
60 Citizens’ Bank.v
..105
15 N. J. Lighterage Co
25
Ill
July 1, 1879, to March 81,1880, amount to $468,200,000, against 40 Chatham Nat. Bank
10 New York City Ins
60
10 Nat. Park Bank
125% 20
114%
Fire Ins
$329*400,000 for 1878-79, showing an increase of $138,800,000/ 10 Bank of America
145% 25 Globe
Broadway Ins
211
80 Broadway Nat. B’k.245a245%
The exports of merchandise for the nine months reach a total
50 Peter Cooper Fire Ins.... 186
23 Bank of N. Y. Nat. Bank¬
Mech. A Traders' Fire Ins. 156
value of $627,300,000, against $558,600,000 for the^corespond¬
ing Association
154% 20
20 Pacific Fire Ins
216%
7 Park Fire Ins
113
20 Commercial Fire Ins
114%;
ing time of the previous year, showing an increase of $68,700,60 Brooklyn Fire Ins
181
15 Manhattan Fire Ins
104%
000. For the nine months, imports, inclusive of suede, were 120 Swiftsure Transp. Co. of
5 N. Y. Equitable Ins
160
Penn
$6
10 N. Y. Equitable Ins
164
$557,300,000; exports, including specie, were $640,900,000;
50 St. Croix A Lake Superior
20 Manuf. A Builders’ Ins... 140
RR. Co. of Wisconsin
$4
excess of exports over imports, $83,600,000.
5 Star Fire Ins
105
The 'surplus of 225 St. Croix A Lake Superior
20 N. Y. Mutual Gaslight Co. 80%:
Warehouse
Co
$4
exports for corresponding months of 1878-9 was $229,200,000.
Westchester (now Cen¬
20 Merch. Nat. Bank
136% 10tral)
Gaslight Co
76
The money market has been reasonably easy all^th e week,
35 Sterling Fire Ins
80
8 N. Y. & Boston Fire Ins.. 65
and stockbrokers have paid 4@6 per cent for call loans while
Government bond dealers have usually paid 3@4 per cent.
Railroad and Miscellaneous Stocks.—The stock market'
Prime paper is quoted at 5@6 per cent.
has been irregular this week, and at times feverish in tone.
The Bank of England on Thursday showed a decrease of The money market has relaxed, and outside influences are rather
£128,000 in specie for the week, and the reserve was 47 7-16, in favor of the market; but—either from the sales of those who
have been holding for a rise till they have become discouraged,
against 48 9-16 the previous week. The discount rate remains or from the hammering of shorts for the purpose of covering—
at 3 per cent.
the fact is indisputable that great weakness nas at times been
The last statement of the New York City Clearing-House developed. Among the rumors of the week the most important
banks, issued April 24, showed an increase of $1,654,670 in the was that William H. Vanderbilt had sold to Jay Gould 100,000
reserve held, the surplus over the 25 per cent requirement
shares of the Western Union Telegraph stock at par. No positive
being $2,191,600 against a surplus of $536,930 the previous confirmation of this story was obtained, but it was known that

that it will be

amounts

,

week.

some

heavy blocks

of Western Union

stock had been changing

with being
his American
the coal-road stocks have
fr'm
April 27.
be undoubted that the
April 24. previous week. April 26.
demand for coal is slack, and a nominal advance in prices, of
$5,364,600 $231,096,900 $230,301,500 anthracite can not make up for a lack of sufficient demand to
dis. $278,886,200
32,585,100
18,228.100
1,067,200
48.983,600
Specie
20,021,800
the tonnage produced. Ontario & Western was strong
19.707.600
230,200
20.612.800
Circulation
4.623,100 204,514.200 200,875,000 and was purchased heavily; the Gould stocks were barely sus¬
Net deposits. 248,896,700
45,224,500
1,566,100
15,432,100
34,933^00 tained, and the general list has shown, as a rule, considerably
Legal tenders.
$50,2185750
$51,128,550
Dec.$l,155,775
lower prices during the week, closing at a partial recovery,,
$62,224,175
Legal
67,518,900
63.452.600
498,900
64,415,700
with
strong tone.
The
$17,300,150
daily
Highest and lowest prices have been as follows:
$12,324,050
.$1,654,675
$2,191,525
Surplus...
the previous week

The following table shows the changes from
and a comparison with the two preceding years.
1880.

Differences

-

1878.

the
Union into a consolidation. As a class
been the weakest, and the fact seems to

Dec.

Loans and

Dec.

..

reserve.
Reserve held.




1879.

and Mr. Gould was naturally credited
buyer, for the purpose of ultimately bringing

hands of late,

Dec.
Dec.
Ino.

Inc.

Inc

consume

a

456"

THE CHRONICLE.
Saturday*

Monday,
April 26.

April 24.
77
Atl.APac.Tel. 44
Canada South. 62%
Cent.of N. J.. 77%
Cent. Pacific.. 74%
Chcs. A Ohio.. 21R>
Do l«t prf. *27
Am. Dist. Tel.

Do

2d prf.. *23

Chic. & Alton.
Chic Bur.A Q.
Chic.M.&St.P.
Do
pref.
Chic. AN. W..
Do
pref.
Chic.R. I. & P.
Ch.St.L.&N.O.
Chic.St.P.&M.
Clev.C.C.&I.
Col.Chic.&I.C.
Del.&H.Canal
Del. Lack.&W.
Han.&St. Jo..
Do
pref.
Hous.&Tex.C.

78
*44

78
45

78

64%
79

April 23.

70
44
01

*43

74

72

59%
70% 78%

*28%

70
44

75%

....

....

....

59% 61%
74% 77
73
21

27% 27%

....

109% 109% *109% no

109% 109%

191
34

190

191
34

....

.

.

188

188

+

34%

60

•

82
108
139

33%

108%
140

31%
.

•

•

.

14%
89%
sm
73%

34

71%
70

73%

•

•

139
■

....

90% 91
22
*21% 23
37% ,36% 37%
108
75

108
75

139

30% 31%

....

.

-

•

....

37

mi
72

132% 138

2956 30)6

*

90%

75

21

35% 36%

107
75

107
75

33%

100

74%

66%
20%

•

.

•

•

•

•

no
192
58

58

*57

76% 76%
\m 14%
795^ 80%
84
86%
33% 34%
71% 72%

14%

80%
80%
34

7296
70

107
132

107% 106% 107%
135

132
30
8

30% 31%
7%
7%

133
31

8

33%

130% 130

42%
65

30%
28%

359*

33% 35%

42
65

42%
65%

34%

33% 3496

64
20

20

64

73%
29

73

39%
*

42

44

64%
29%

67%
29%

28

28

51% 52%
33% 34%
76
76%
39% 40%

73
41
189

5996 6296

20

107

130% 129% 131

53

40%

20

107
73
29

75

29% 30
28% 28%
51% 52%

72% 73%
39
41%

*186
60
20

89%

S9
19% *19

72%

74
43
05

90%

189
61

58%

65”

...

•

49% 50%
33% 33%
....

.

....

....

48
32

49%
33
43

+45
+67

67

48% 4996
31% 83
46% 49

48% 50%

65

67% 70%

85
50

66

36
50

....

....

.

93j

*108% 11 (
192^ 192%

St.P.ASiouxC. 43% 43%
42% 42% 42
42% 42% 43
77
78
77
Do
pref.
77% 76% 70%
2
2
2
Sutro Tunnel.
2
2%
2%
2%
2
1%
1%
89
88
Union Pacific. 89
88% 89
88% 86% 87%
87%
Wab.St.L.AP. 39% 40% 39% 40% 39% 39% 38>g 39% 38% 39% 1
Do
pref. 66% 07% 67% 67% 07
67% 65% 61U 66% 0796
West. Un.Tel. 107% 108% 106% 107% 105*^ 1O0>$ 104% 106
10596
♦ These
are the prices bid and asked; no sale was made at the Board
+ Ex privilege.
•

102

9296

77%

10594-106

34%

65

49% 51%
37% +35% 3o%
52% *49% 51
73

100
76
29

33

190

60
20
63

35%

22

74

42% 43%
*

102

93% 94%

89% 90% 89%
20
20
19%

29% 31% 29
131% 130% 131% 129%
43% 42% 43
41%
66
65% 65% 03%
80% *0% 31% 29%
28
29% 28% 29
53% 53% 54
51%

7o

....

—

....

90
21

29%
29% 80
53% 54
53%
22
22% 22%
35%
34%
'0% 35% 34

Do
pref.
Ohio Central..
Ohio A Miss...
Do
pref.
Pacific Mail... 42% 44%
*
Panama
190
Phil. A Read’g 67
67%
St.L.A.AT.H. *20% 23%
67
Do
pref. *65
8t.Ij.LM. A So. 50% 52%

t

r

43

104% 105% 105
105% 105% 105%
30% 31% 31% 31% 31% 32

....

....

t

31% 31% *30%
57%
70% 75% 75%
15
14% 15% 14%
81% 78
80% 79
88% 83% S0% 84%
34% 32% 34
33%
72% 70% 71% 71%
72
09
70
09%

105% 100

139

75% 77H
43%
61% 63
75% 77%
72
72
72
72%
20% 20% 20U 20%
2796 27%
*21% 25%
*107% 110 *10# 109
123% 124
123% 123%
76% 78% 76% 78

108% 108% 110
189% 189% *189

32
82% 32
108% 107% 108% 106% 107%

....

....

.

.

14%
80%
86%

82

91%

108
79

-

70

30% 31%

9
.

-

107

75% 76
42% 43
00
63%
75
76%

32% 32%

00
78

*

190

Friday,

%

•

ISI

107™

76%
2

88

39%
68
107

Total sales of leading stocks for the week ending
Thursday,
And the range in prices for the year 1879 and from Jan. 1,1880,
to

date,

were as

follows:

Sales of

Week,
Canada Southern....
Central of N. J

Shares.

Lowest.

38,130
89.780

57% Apr.
7439 Apr.
99*2 Jan.

495
975

Chicago & Alton

Chic. Burl. & Quincy
Chic. Mil. & St. P....
do prof.
Do
Chic. & Northw
do pref.
C&ie. Rock l8l. & Pac.
Col. Chic.& Ind.Cent.
Del. & Hudson Cana!
Del. Lack. & Western
Hannibal & St. Jo...
Do
do pref.

Illinois Central
Lake Erie & Western
Lake Shore
Louisville & Nashv..
Manhattan

Michigan Central....

*

Apr.

75% Jan.
921 100% Jan.
88% Feb.
41,478

1,446

104

297

149

Feb.
Jan.

13% Apr.
1,596
7048 Feb.
25,205
83
Jan.
279.460
31
10,730
Apr.
64
Jan.
26,920
9943 Jan.
2,233
2042 Jan.
2.900
9848 Jan.
45,285
3,250 864i Jan.
10.780
25% Apr.
88 % Feb.
15.600
55,770 32 Jan.
2,558 101% Jan.
11,200 63
Apr.
Jan.
17,726 129
4142 Apr.
183,524
63 34 Apr.
2,715
27
4,337
Apr.
514e Apr.
4,961
28 7e Jan.
42,435
164,430 3642 Jan.

Missouri Kan. & Tex.
Morris & Essex
Nashv. Cbatt. & St. L.
N.Y. Cent.* Hud. Hi v
N.Y. Lake E.& West.
Do
do pref.
Northern Pacific
Do
pref.
Ohio & Mississippi..
Pacific Mail
Panama
Phila. & Reading
33,3*50
St.L.Iron Mt.&South.
60,135
St. L.& San Francisco
2,415
Do
pref.
1.900
Do
1st pref.
760
Union Pacific
5,262
Wab. St. L. & Pacific
27,650
<Do
do pref.
54.600
Western Unioa Tel.. 113,760
....

123

89,775

Do

Range from Sept. 25.

Range for

Range since Jan. 1,1880.

168

Jan.

5844 Apr.
46% Apr.
3144 Apr.
45
Apr.
65

Apr.

8442 Jan.
36 34

64

Apr.
Apr.

99% Jan.

Year 1879.

| Low.

High

7442 Jan. 141 4544
90i4 Mar. 8i 3342
116
Mar. 291 75
132
Jan. 26 11118
85 % Mar.
343s
10742 Mar.
74%
97
Mar.
49%
110% Mar.
194% Apr.
119
5
251s Jan.
86% Mar.
38
43
9478 Mar.

784*2

Highest.

4242 Feb.

150%
28

89%
94

34

67
35
35

16412 Apr.
57% Mar.
Mar.

89%
72%
98

,

3534

75% 104%

128

35%

83
139
21% 49

3712
t 16

781s
1042

14414

65

17
2
8
9
19
27
2#
24

7%

333s

103s

39%

123

182

13

56
53

3*8
4%?
934
57%

*8*8%

60%
78%
95

Ala.Gt. Southern.March
$17,829 $33,152
Albany & Susq ..February
104,434
82,887
Atch.Top.&S.Fe.3d wk Apr. 195,500
145,800
Atl. & Char. Air-L. February
85,899
63,979
Atl.&Gt. West—February
384,000 294,712
.Atl. Miss. & Ohio. March
175,420
132,802
Bur.C.Rap.&No..3d wk Apr.
23,443
28.623
Burl & Mo. R.i n N. January... 155,330
132,698
Cairo & St. Louis. 1st wk Apr
8.384
5,147
Canada Southern.March
409,189
226,378
Carolina Central.February
48,213
45,383
Central Pacific...March
1,250,000 1,280,272




.

.

.

.

-Jan. 1 to latest date.1880.
1879.

$154,457
204,396
2,105,000
168.287

773,486
494,244
636,834
155,330
87,087

1,003,702
92,946
3,488,614

19.980

54,506
12,258
6,813
34,832
8,972
78,732
49.224
127,080
6,931
44,147
80,869
28,051

45,363

12,879
126,900
70,436
141,510
8,028
77,984
78,154
30,324

Ogd. & L. Champ.3d wk Apr.

Pad &Elizabetht.lst wk Apr
Pad. & Memphis.. 1st wk Apr

158,034
27,519
2,474,392
1,207,391
151,737
1,126
334,166
108,975

7,333

4,765

7,009

4,783
2,410

3,703
3,278,186 2,603,068

March

Pennsylvania

Peoria Dec. & Ev.4thwkMar
9,580
Philadel. «fe Erie..March.
327,678
Plilla. & Reading.March
1,457,322

4,784

111,912
22,898
10,840

86,406
14,839
10, 19
85,038
17,800
27,808
74,945
21,433
5,115
37,151

212,775
1,041,142
9,169
17,882

Ports.Gt.F.&Con. March
Rensselaer & Sar. February
St.L.Alt.&T.H, ..3d wk Apr.

Do
(brehs). 3d wk Apr.
St. L. Iron Mt.& S. 3d w k Apr..
St. L. & San Fran.3d wk Apr.

109,330
39,800

St.Paul <fe Ouluth.March.
37,896
St.P.Minn.&Man.2 wks Apr. 165,555
St. Paul & S. Oity. .3d wk Apr.
27,891
Scioto Valley —3dwkApr.
4,440
Southern Minn...January...
50,128
Tol.Peoria
War. 3d wk Apr.
i 21,603
Union Pacific... .lRt wk Apr 393,901
Wab. St. L. & Pac.3d wk Apr. 224,137
Wisconsin Cent... 1st wk Apr
22,044
Wisconsin Valley.3d wk Apr.
6,800
*

Mileage last year was 85
t Decrease due to cyclone.

38,996

287,775

$623,765 $322,916
2,024,406 1.238.265
2,381,091 2,087,475
183,270
138.598
306,254
241,579
3,000,000 2,175,858
3,681,315 3,004,986
361,750
289,382
225,086
171,876

172*409
253,842
1,123,530
869,798
111,848
87,798
196,647 183,912
475,434
91,865
337,935
257,938
259,062
227,578
616,609
504,853
468,475
322,993
103,139
114,930
2,893,647 2,515,870
1,378,644 1.236.265
689,2204
601,361
829,577
715,007
1,355,233 1,244,618
384,230
334,655
312,824
356,303
491,527
497.599
225,800
157,706
321,857
204,082

.

379,5*5*9

399,559
13t),lbj

80,983

2,174,310

1,552,216

179,392
368,562
155,746

129,968
332,792
105,689
749,026
80,869
614,193
315,313
53,106

1,292,513
78,154
722,061
396,788
98,665
7,765,679
2,548,599
495,890
61,812
1,080,679
257,835

6,709,508
2,354,564
398,625
26,594

872,776
190,647

*99,272

74,083
43,531
7,684,531

57,741
9,306,313
797,357

662,5*23

3,836,720

2,876,222

226,363
379,885
193,740
1,824,665
718,402

242,125
168,914
1,281,771
320,086

109,301

73,886

165,95*5

745,236

2*89,284

385,209
84,186
50,128
396,090
4,013,898

81,185
37,151
350,908
3,027,077

^

143,747
15,338

3,210,223

2,267,133

3,310

99,208

44,293

miles, against 147 miles now.

y

Exchange.—The market for foreign exchange is rather easier
and bankers’ quotations are a fraction off.
On actual business
the rates are 4 84%@4 65/6 for 60 days’ sterling and 4 87%@

for demand.
following are the rates of domestic exchange

on New
to-day: Savannah—buying
3-16, selling 5-16 premium; Charleston, steady—buying
3-16, selling % premium; New Orleans commercial 50c. dis*
count@par, bank 250 premium ; and Boston, 25c. discount.
Quotations for foreign exchange are as follows :
April 30.

Documentary commercial
Paris (francs)
Antwerp (francs)
Swiss (fraucs).
Amsterdam (guilders)
Hamburg (reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)

$100,187
160,249

1,601,859
121,688

593,358
364,147

following

Sovereigns

4
4
4
4
5
5

85

®4 86

® 4 77
® 3'95

Five francs
Mexican dollars..
Do uncommerc’l.

Span’h Doubloons.15 70

®16 00

Mex. Doubloons.. 15
Fine silver bars
1
Fi ue gold bars —
Dimes & % dimes. —

®15 65
® 1 14%

English silver....

3 83 .® 3 86
4 73
3 90

..

Boston

banks for

a

“

9..

“

15..
2*2..
29..

“
“

April
5..
K

611,483

26..

12..
19.

83,291
*

55
14

par® % prem.
99 %® par.

88

4 87 ®4 87%
4 86%®4 87

5 18%@5
5 19%S>5
5 18%®5
40%®

167s
17%
1678
40%

95% §>
95%®
95%®
95% ®

95%
9558
95^8
95%

92
91
87
80
68

Prus. 8ilv. thalers.
Trade dollars
New silver dollars

City Banks will he found

Hanks.—The

following

are

®

—

99%®

99%®

on page

95

® — 92
® — 88
® 4 85
® — 70

99%
par.

-

454.

the totals of the Boston

series of weeks past:

Loans.

1880.
Mar. 2..

89

4 88
®4
4 87%® 4

84%®4 85
84 ® 4 84%
83%®4 84
21%®5 19%
217s®5 20
5 21%®5 19%
40 ® 40%
94%@ 95
94%® 95
94%® 95
94%® 95

are quotations in gold for various coins:
Silver %s and %s.
99%® par.
$4 83 ®$4 86

X X Reichmarks.
X Guilders

396,193
132,698
59,324

3,426,129

1

Napoleons

New Ytrk

Demand.

Sixty Days.

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

The
116

The latest railroad earnings and the totals from Jan. 1 to
latest dates are given below. ‘The statement includes the
gross
earnings of all railroads from which returns can be obtained.
The oolumns under the
heading “ Jan. 1 to latest date” furnish
the gross earnings from Jan. T to, and
including, the period
mentioned in the second column.
/•

26,375

89,581
19,194
15,434

Louisv.N.Alb.&C.March
Maine Central ...March
Minn. & St. Louis.2d wk Apr.
Mo. Kan.& Texas.3d wk Apr.
Mobile & Montg..January...
Mobile & Ohio... .3d wk Apr.
Nashv. Ch.&St.L,February . 191,154
N. Y. & Canada ..February .
48,855
N. Y. Cent. & Hud.March
2,854,835
N.Y. L. Erie& W.February .1,252,218
N.Y. & N. Engl’d.March
181,751
North Wisconsin.3d wk Apr.
1,929
Northern Central. March
415,325
Northern Pacific .March
119,573

112

t Range from July 30.

/—Latest earnings reported.—v
Week or Mo.
1880.
1879.

Int. & Gt. North.. 3d wk Aur.
Iowa Central
March
K. C. Ft. S.& Gulf .2d wk Apr.
Kans.C.Law.&So.2d wk Apr.
K. C. St. J. & C. B.4thwkMar
Little Rk. & Ft. S.2 wks Apr.
Louisv. & Nashv.Sd wk Apr.

-Jan. 1 to latest date,1880.
1879.

York at the undermentioned cities

108

73%
53s

4914 Jan.
IIOI2 Feb.
Mar.
137
Mar.
4378 Feb.
73 78 Feb.
36
Jan.
60
Jan.
4412 Mar.
62
Mar.
190
Apr.
723s Jan.
66
Feb.
48
Feb.
6OI4 Mar.
8312 Mar.
973e Jan.
48
Jan.
720s Jan.
11642 Feb.

108

Ches. & Ohio

Chicago & Alton .3d wk Apr. 140,448
90,035
Chic. Burl. & Q...February .1,180,853
982,377
Chic.Cl.Dub.&M.2dwk Apr.
10,393
9,329
Chic. & East. Ill.. 3d wk Apr.
21,934
15,707
Chic. Mil. & St. P. 3d wk Apr. 194,000
162,648
Chic. & Nortliw..March
1,395,000 1,107,042
Chic. St. P. & Min. 3d wk Apr.
27,889
20,107
Chic. & W. Mich.. 2d wk Apr.
16,658
12,090
Cm. Sand. & Clev.Marcli
54,634
47,356
Cin. & Springf. ..SdwkApr.
14,632
10,616
Col.Cin.&I.3d
Clev.
wk Apr.
65,276
52,296
Clev.Mt.V.&Del.2st wk Apr
7,717
7,203
Del.&H.Can., Pa.Div..Feb..
84,484
95,849
Denv.S.P’k& Pac. March*.... 195,704
41,366
Det. Lane. & No.. 3d wk Apr.
24,629
21,452
Dubuque&S.City.2d wk Apr.
17,345
18,351
Eastern
March
238,950 188,243
Flint & Pere Mar.3d wk Apr.
30,697
25,266
Gal. Har.& San A.January...
103,139 114,930
Grand Trunk.Wk.end. Ap. 17 196,418
171,024
Gr’t Western.Wk.end. Ap. 16
90,660
81,949
Hannibal & St. Jo. 3d wk Apr.
38,460
'49,384
Houst. & Texas C.March
237,745
212,946
IllinoisCen. (Ill.).March
475,324
400,159
Do
(Iowa). March
144,671
132,001
Indiana Bl. & W. .3d wk Apr.
24,032
22,434

41%
70%' 4 88M
79% 100%
The
*16
28%

Feb.
Mar.
383s Mar.
11148 Mar.

95

8978
10014
13412
82ie
102%
94%

13%

76
110

/—Latest earnings reported.—
Week or Mo.
1880.
1879.
March..... $222,749 $132,172

April 80.

April 29.

*108% .... 109 109
108% 108% 109 109
125
126
125% 126
*124% 25% *20% 125%
79
79% 78% 79% 77% 78% 76% 77%
102 •*> 102% 102
102
103% 103%
94% 94% 94% 94% 9356 94% 92% 931'

N.Y.C.AH. K. 131% 131% 131%
N.Y.L.E.A W. 43% 43% 42%
00
Do
pref.
N.Y.Ont.AW. 29% 29% 29%

Do
pref.
Do 1st prf.

Wednesd. Thursday,

21% 21% 21% 21% 20%

22
32

....

St.L.A8.Fran.

74
44

74

74%

25% *22%

Lake Erie&W. 32%
Lake Shore.... 108%
Louisv.ANash ,140
Manhattan.... 31%
9
Mar.AC.lst pf.
Do
2d prf.
Mich. Central,. 00%
Mobile* Ohio. 22
Mo.Kans. AT. 37
Mor.A Essex.. 108
Nash.Ch.A8tL 74

Northern Pac.

April 27.

44%
61% 63%
77% 78%

77% 77% *76%
15% 15/4 14%
82
82% 81
89
90% 87%
34%
84% 35
71% 72% 7~%
72
74%
73%
107
Illinois Cent-. 106% 107

NewCentCoal

Tuesday,

iy<w-. xxx

$
139,927,300
139,679,400
141,040,200
140,975,000
140,412,000
139,462,200
13 ,511,400

Specie.
4,393,600
5,224,000
5,321,500
4.345.100

]

i.

Tenders. Deposits* Circulation, Agg.Clear.

$
3,511,300
3,527,600
3 835,700
t 3,016,600

4.930.100 / 2.987.200

4.805.100
5,331,300

2,635,400

137,758,tr 00

5,994,900

2.349.200
2,067,200

137.923,400

6,738,800

2,095,000

$
52.793.300

$

52,671,100

31,052,000
30.875.200
31,019,400
31,092,500
31,048,400
31.145.200
31.264.200
31.221.900

53.653.400

31.223.900

53.217.400

53,038,800
51.871.300
50,373,800
50,827,900
51,687,600

Other than Government and hanks, less Clearing-House checks.

$

56,560,135

68.452,060

63,289,012
63.798,913
58,909.044
69,627,777

59.6 J 0.799

68.605,917

457

THE CHRONICLE.

1, 1880]

Mat

QUOTATIONS OF STOCKS AND BONDS.
Quotations in Now York represent tlio per cent value, whatever the par may bo; other quotations are frequently made per share.
The following abbreviations are often used, viz.: “M.,”for mortgage; “ g.,” for gold; “ g’d,” for guaranteed;' “end.,” for endorsed; “cons.”
GENERAL

for consolidated; “ conv.,” for

convertible; “ s. f.,” for sinking fund; “ 1. g.,” for land grant.

Quotations in New York are to Thursday; from

other cities, to late mail dates.

Subscribers will confer a fttvor by giving
Bid.

United States Bonds.
UNITED STATES BONDS.
reg
J&J
coup
J&J
reg
J&J
68. 1881
coup
J&J

6s, 1880
6s, 1880
6s, 1881

Ask.

104

reg...Q—P 102% 10278

104*8
coup...Q—F 3 04
reg.. Q—M 10b78 109

4*28,1891

coup..

1907
1907
Currency,
Currency,
Currency,
Currency,
Currency,

reg...Q—J 10714 10738
.Q—J 10714 107^8
reg
J&J 1*25
reg
J&J 125
12';
reg
J&J 125
reg
J&J 126
reg
J&J 126

1899

M&N

105

101

SECURITIES.
Alabama—Class “A,” 2 to 5,1906...
do
small
Class “B,” 5s, 1906
Class “ C,” 2 to 5, 1906

Arkansas—6s, funded, 1899 ..J&J
78, L. R.&Ft. S. issue, 1900.A & O
7s, Memphis & L.R., 1899..A & O
7s,L.R.P.B.&N.O., 1900..A & O
7s, Mies. O. & R. Riv., 1900. .A & O
78, Ark. Central RR., 1900. A & O
7s, Levee of 1871,1900
J&J
California—68,1874

6s, 1883-4-5

;

Delaware—6s
Florida—Consol, gold 6s

Georgia-68,1879-80-86
7s, new bonds, 1886
7s, endorsed, 1886
7s, gold bonds, 1890
8s, *76, ’86

-

Illinois—68,

coupon,

1879...

War loan, 1880...
Kansas—7s, ’76 to ’99
Kentucky—6s.

Louisiana—New

con.

6s,

do

J
J
J
J
J

bonds, 1886-1895... J

6s, deferred bonds

10-40s,

new

.

Tax-receivable coupons

CITS
78

.

58

59

75

85

s

105

r

112

loug.

J
*

*

*

J&J’

Allegheny Co., 5s
Atlanta, Ga.—7s

62*2
12*2
3
3
3
3

105
no

.

.

99
f 104
p
.

£
6s,

i 105
106
J&JH
J & J 88
F & A 99
J & J 109
109
Q—J 109
A & O 110
.J&J 100
J & J 100

108

do

105
100

1 110
117
119
100
) no

103
110
104
104
100
100

95

111

5a, 1897, municipal.

116
100
107

58, g

104

do
5s, g
100*2
Maine—Bounty, 6s, 1880
F&A 100
War debts assumed, 6s,’89.A& Of 11378 114
Brooklyn, N.Y.-

108
101
104
125
124
124
111
115
106

-

-

.

do

.

M&S 105*4 105*2
no
Maryland—6s, defense, 1883.. J&J 108
War loan, 6s, 1883

114
114
110
107

111
no
107
100
100
103

100*4
103*2
108
no

104
.

.

•

a

Cambridge, Mass.-

.

a

•

68,1904, city bonds

id
.

-

a

.

6s, exempt, 1896

.

6s.

gold, 1893

North Carolina-

«

Chicago, Ill.—6s, long dates

do

class 3

A&O

5s,

cur., reg.,
new, reg.,

3*2

.F&A
6s. 10-15, reg., 1877-’82..,..F'& A
6s, 15-25, reg., 1882-’92
F &A
Rhode Island—6s, 1882
M&Sf
J&J
6s, 1893-9

South Carolina—6s, Act of March ?
23,1869. Non-fundable, 18S8.. >

Improvement consols
Tennessee—68, old, 1890-98 ,.J & J
6s,

18*2
18*2 Cleveland, O.—6s. long

30-year 5s
6s, short
78, long
7s, short

4
4
4
75

„

7s, gold, 1892-1910
7s, gold, 1904

Vermont—6s, 1890
*

Various.
Various f
Various i
Yearly!

Special 7s, 1879-’89
Columbus, Ga.—7s, Various

Var.

Covington. Ky.—7-30s, long
7-30s, short

i
i

Dallas, Texas—8s, 1904
10s, 1883-96.

11434
101*2
107

5*2

95

100

33
29

36
30
30
105
112
113
111

.M&Sfilll

J &Jf 112

J &D113

1904...F& Ai
F&A \
:
Fitchburg, Mass.—6s. ’91,W.L.. J&Jt
Fredericksburg, Va.—7s
; ..M&N

Galveston, Tex.—10s, ’80-95 ..Var.
Galvest’n County,10s. 1901.J & J
Harrisburg, Pa.—Water loan
Hartford, Ct.—City 6s, var. dates..*
Capitol, untax, 6s
Hartford Town 4*28. untax
i
Haverhill, Mass.—6s,’85-89.. A&Ot
Houston, Tex.—10s
108
6s, funded
113
Indianapolis, Ind.-7-30s,’93-99. J&J
105
~srsey City—6s, water, long, 1895..
104*2
7s,
do
1899-1902
J & J
110
7s, improvement, 1891-’94—Var.
103
7s, Bergen, long
J & J

,

i

Var.f
Var.t

106
101

Consol. 3-65s,

1924, coup

F&A

107

101
117
105
107
18
20

109
118

il07

99
113

105*2
108
25
30
115
102

108
106

101
103
107
100
114
100
113
109

105

103*2 104

113
103
J & 7 117

114

5s, 1882

J&J 113 114
'..... M&Nt 100*2 101*2

6s, 1894./.

lemphis, Tenn.—6s, C
68, A & B
68, gold, fund., 1900
6s, end., M. & C. RR
68, consols
[ilwaukee, Wis.—5s, 1891
r> s, 1896-1901
7s, water, 1902

100*2
109
106
110
104
115
128

70

1894-96
:

J&Ji
J&J
J&J
.M & N

90
102

110
25
25
25
25
45

110*2

J&J
J & D 96
Var. 108
J&J 113
J&J

5s

M& N
6s, funded
fontgomery, Ala.—New 3s ..J&J
58, new
6s,

80
101

new.

78, long
Var.
7s, water, long
Var. i
few Bedford,Mass.—6s, 1893. A&0‘
5s, 1900, Water Loan
A.&O

20
20

35
50
60
90
97
105

111

114*2
113*2
106*«
100

119*2
117

107*2

114*a
107*«
105

Town, 68, war loan
do
6s, Town Hall
City, 7s, sewerage

106
100
115
100

35

112
108
103
117
103
106
30
37

101

102

104

1
5

114
118

97*2
110*2 111*2

bonds.
Consolidated 6s, 1892
Var.
Railroad issues, 6s, ’75 & ’94..Var.
Wharf impr., 7-30s, 1880
J &D
LY.City- -6s, water stock,’80. Q—F1
6s,
do
1879
Q—Fi
5s,
do
Q-Fi
1890
do
6s,
1883-90.....Q—F
6s, aqueduct stock, ’84-1911..Q—E
7s, pipes and mains, 1900..M&N
68, reservoir bonds, 1907-’11.Q—F
5s, Cent. Park bonds, 1898...Q-F
6s,
1895... Q—F
do
7s, dock bonds, 1901
M &N
6s,
do
1905
M&N
7s, market stock, 1894-97..M & N
6s, improvem’t stock, 1889.M & N
7s,
do
1879-90.M & N
6s, gold, cons, bonds, 1901. M&N J
6s, street impr. stock, 1888 .M & N
7s,
do
do
’79-82.M & N
68, gold, new consol., 1896
7s, Westchester Co., 1891

108
L15
L16
L15
115
115
109
L07
108
107
107

100
102

92

do
6s
do
5s, 1897
j lew Orleans, La.—Premium

113*2

40

6s.

109

69

100
114
118

27

100*2 101
1C8
104
106

125
118
106

117

118

125

126
120
126
108

118
125
107

114
118

7s, 1905

J.&J

120

102*2 105
104
117
106
117
107

J&J
5s, 1905, water loan..
ferfolk,Va.—6s,reg.stk,’78-85 ..J&J 102
88, coup., 1890-93
Var. 116
8s, water, 1901
;M&N 119

J

109
110
120
126
120
108

105
118
105

107
113
107
118
108
112
121
122

107
120

101*2 103*2
85
95

90
105

108
115

lli

93 7s

117
94

J&J

interest.

E
E
8s

88, special tax

112
100
J&J 108

ids’*

109

E 'liiladelphia, Pa.—5s, reg
J&J* 105
6s, old, reg
J&J* 104
68, new, reg., due 1895 & over. J&J 122
104
4s, new

118
123
105

E

94

j

t Puronjwc. »\ io pa, s ao n-ued

111
105
112

105

L.M&Ni

C

102
do
• small
..J&J 102
do
registered...;—J&J 102
Perm. imp. 6s, guar., 1891...J&Jt 107
Perm. imp. 7a, 3.891
...J&Ji 109
Wash.—Fund.loan(Cong.)6s,g.,’92t 107.
Fund, loan (Leg.) 6s, g., 1902 Var 108

Funding 5s, 1899....%

Mass’.—68,1890,* W.

52
50
50

106*2 108

117

108
102
101
114
107
107
92

ATqt» {

Ask.

102

Var.i 104*4

flhnrf.

Water loan,

120
110
119
11-6
107
105
103
112
107
100
100
no
102
103
88

47
46
46
109
103
111
105

94
107
Var. 104

8a.

104
111
105
105
101
102

District of Columbia—
Consol. 3-658,1924, reg

’

112*1
107*2
114*2
115*2
114*2
114*2
114*2
106*2
106*2
106*2
106*2

J&J

7s, short dates
6s, long

.owell,

47*2

101
107
105
100
A&O 102
6s
7s.M&SandJ&D 106

Bayonne City, 7s, long

Aq

iio* ~rrm
67

County^

do

111
121
121
108
112

I

Dayton. O.—8s
Detroit, Mich.—7s, long
78, water, long

114
113

Price nominal; no late transactions.




Various.

8s

bonds, 1892-1900 ..J&J
6s, new series, 1914
J & J
Texas—6s, 1892
M &St 103
new

Var.i

68, short.

7-30s
Var. f
7s...
Var.i
Southern RR. 7-bOs, 1902...J&Ji
do
7-30s, uew
i
do
6s, g., 1906..M&Ni
Hamilton Co., O., 6s
do
78, short
i
do
long 7s & 7-30s. 1

F&A*

1892-1902

Var.i

297e

J & J 102*2
J&J 109

1877-’82

J & J

29 78

Pennsylvania—5s, gold, ’77-8.F&A*
5s,

7s, water, 1890-’95
J&Ji
7s, river impr., 1890-’95.....J&JI
7s, 1890-’95
J&Ji
Cook Co. 7s, 1892
M&N 1
Lake View Water Loan 7s
f

Cincinnati, O.—6s, long..

72

4s, new
Ohio—6s, 1881
6s,1886

J&J i

Lincoln Park 7s
South Park 7s
West Park 7s, 1890

11*2

1905

5s, 1894, gold

128
115
118
114
101*2 no
114
104
113*2 117
107*2 111
106
105
114
113
116
115

67

78, tire loan bonds, 1890....J & J
7s, non-tax bonds
4s, non-taxable

117
118
119

J&J 29
68, old, 1886-’98
6s, old
A & O 29
J&J 110
6s, N C. RR., 1883-5
6s,
do
A & O 110
6s,
do
coup, off
J & J 90
6s,
do
coup. off.
A & O 90
6s, Funding act of 1866,1900 J&J 10
1S68,1898A&0 10
6s,
do
6s, new bonds, 1892-8
J&J 17
68,
do
A & O 17
2*2
6s, Chatham RR
A&O
3%
68, special tax, class 1,1898-9A&U
3»8
do
class 2
A &O
6s,
6fc.

J&J

.

M&S 105*2 106*2
J&J* 115
J&J* 118

J & J
A &O
A& O

7
41
88

78

Fall’River, Mass.—6s,

Camden Co., N, J.—6s, coup... J&JJ

New York—6s, gold, rtg., ’87...J&J 107
68, gold, coup., 1887
J & J 107
6s, gold, 1883
J & J 106

6s, gold, 1891
6s, gold, 1892

Var.

78, water, long

Hannibal & St. Jo., 1886
do
do
1887....J & J 106
N. Hampshire—68,1892-1894..J&J I 113*2 114
War loan, 6s, 1901-1905
J & J 116*2 117

War loan, 6s, 1884
New Jersey—6s, 1897-3902

ao

109*2 no

& J 107*2
& J 111
& J
& J 107
J & J 105

-

110*4'110*2
49

Missouri—6s, 1886
J
Funding bonds, 1894-95
J
Long bonds, ’89-90
J
Asylum or University, 1892. J

•

102*2 103
1

100

106
do
do
1894
M&N 1 108
do
do
1888
....A&Oi 102
Michigan—6s, 1883
J & J 103
7s, 1890
M&N 113
30
Minnesota—7s, RR. repudiated

•

105*2 108
110
r 108
113*2
r 113
113*2
r 113
114
[ 112
121
U 116
125
5 119

J&Jf

68, exempt, 1887
J&J
6s, Hospital, 1882-87
J&J
6s, 1890
Q—J
5s, 1880-’90
Q—J
Massachusetts—5s, 1880, gold .J&J
5s, gold, 1883
J&J
5s, gold, 1894
Var.i
5s. g./sterling, 1891
J&J {

54*2
a

112*2 112%

45

t
Var.
A&O

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

Hudson

68, consol., 1890
68, Balt. & O. loan, 1890.

Bid.

City Securities.

Baltimore—

6

7s, small bonds

A sk.

......

J&J’

6s, 1876-'90

Austin, Texas—10s.....:

60

3

7s, 1914..J&J

22
22
73
53 7e
22
5h
38
84

SECURITIES.

Augusta, Me.—6s, 1887, mun..I
Augusta, Ga—7s.
.Va:

STATE

Connecticut—5s

new

Do.
8s
Waterworks

FOREIGN GOV. SECURITY.

Quebec—5s, 1908

6s,

Q—M 108 78 109

coup..

1895
1896
3 897
3898

Bid.

State Securities.

104

106J8
1061s

5s, funded, 1881
5s, funded, 1881
4*28, 1891..

4s,
4s,
6s,
6s,
6s,
6s,
6s,

notice of any error discovered in tbese Quotations.

105
105
105
112

116
112
113

5s, reg. and coup., 1913
J&J. 95*2
78, water,reg.& cp.,’93-’98...A&0. 116*2 120
7s, street imp., reg, ’83-86—Var. 107%
114
E 'ortland, Me.—6s, Mun., 1895.Var.i 112
114
6s, railroad aid, 1907
M&S 113*2
—
E
N.H.—6s, ’93,RR. J&J i 1106*2 107
Portsmouth,
E
Poughkeepsie.
N. Y.—7s, water

t In London.

1412

116

m

GENERAL QUOTATIONS
For

OP STOCKS AND

Explanations See Notes at
Bid.

City Securities.

BONDS—Continued.

Head of First Page of
Bid.

Railroad Bonds.

Ask.

XXX.

fV0L.

rHE CHRONICLE.

458

Quotations.
Railroad Bonds.

Ask.

Bid.

Ask.

96
Chic.R.I.&Pac.—6s, 1917,coup. J&J 117*a 117*2
Buff.N.Y.A Phil.—1st, 6s,g.,’96. J&J
108
6s, 1917, reg
J&J 116%
Providence, R.I.—5s, g.,1900-5. J&J 1107*2 118
2d mortgage, 7s, g
116*2
107*2 110
91%
Chic.&S.W..lst,7s,guar.,’90.M&N
6s, gold, 1900, water loan..J & J
91*2
107*2 Bur. C. R.&N.—l8t.5s,new,'06.J&D
40
Chic. St.L.& N.O.—lst.con. 1914, 7s 11178 112*436
6s, 1885
M & S 1106*2
Bur.&Southw.—1st M., 8s,’95.M&N
74
79
2d mort. 6s, 1907
J&D
Richmond, Va.—6s
J&J 107*2
Cairo & St.L.—1st M., 7s, 1901. A&O
121%
120*2
Ten. lien, 7s, 1897
J&J
73
8s
...M&N
$71
Cairo & Vine.—1st, 7s, g.,1909.A&O
103
110
Miss. Cen., 1st M.,7s,’74-84.M&N 102"* 105*"
Rochester, N.Y.—6s,’70-1902.Yar. 1100
1105
Califor. Pac.—1st M.,7s, g.,’89. J&J
118
1114
106
109
105
do
2d mort., 8s
98
7s, water, 1903
J & J tlOO
2d M.. 6s, g.,end C. Pac., '89.J&J
113
95
N.O.Jack.& Gt. N.,1st.,8s,’86. J&J 111
Rockland, Me.—6S, ’89-99,RR.F&A
t90
3d M. (guar. C. P.), 6s, 1905. J&J
112
do
2d M.,8s,’90,ctfs. A&O 108
65
St. Joseph, Mo.—7s
55
Yar. 55
do
do
3s, 1905. J&J
68
do
2d mort. debt
A&O 108 112
’109
Bridge 10s, 1891
J & J 1107
Camden & Atl.—1st, 7s, g.,’93.. J&J
107
St Louis,Mo.—6s cur.,long bds.Var.
Ch.8t.P.& M’polis,lst,6s,g,’18.M&N 105
109
Cam.& Bur. Co.—1st M., 6s,’97.F&A
tl05*2
101
103
Land M., inc., 6s, 1898
M&N
6s, short
Var. 1106*2
90*a
M.,guar.,1908,J&J
Canada So.—1st
100
60
Water 6s, gold, 1887-90...J &D
45
M.,
7s,’80.M&N
Cin.
Ham.&D.—1st
Carolina Cent.—1st, 6s,g.,1923. J&J
do
do (new), 1892.A& O 108
112
2d nw^t., 7b, 1885
104
J&J 1102
Catawissa—1st M., 7s, 1882..F&A
108
1106*4
Consol, mort., 7s, 1905
113
A&O
Bridge approach, 6s
New mort., 7s, 1900
F&A 105*4
1103
104
do
6s, 1905
Renewal, gold, 6s
Var. 108
A&O
Cedar F. & Min.—1st, 7s, 1907. J&J
%
100
Cin. H. & I., 1st M., 7b, 1903.J&J 199
1111*2 112
Sewer, 6s, gold, 1891-’93
Var. 107
Cedar R. & Mo.—1st, 7s, ’91...F&A
114
St. L. Co.—Park, 6s, g.,1905. A & O 109
Cin. I. St. L. & Chic.—1st, new
1st mort., 7s, 1916
M&N 1113*2
112
Cin.& Indiana, 1st M.,7s,’92.J&D 1106
Currency, 7s, 1887-88
Var. 109
110
Cent, of Ga.—1st. cons., 7s, ’93. J&J
105
102
110
2d M.. 7s,’82-87.J&J 1101
do
St. Paul, Minn.— 6s, ’88-’90.. J & D 100
100
Macon & Aug., 2d,end.,7s,’79. J&J
111
71*2
78,1890
...M&N 108
i 97*s
Indianapolis
C.
&L.,
7s
of’97..
..
Cent. Iowar-lst M., 7s, g
J&J 53
8s, 1889-96
Var. 110
Ind’apolis & Cin., 1st, 7s,’88.A&O 103
Con. debt cert
99
96
Salem, Mass.—6s, long, W. L..A&0 1113*2 il4*2
Cin. Laf.& Ch.—1st, 7s,g.,1901.M&S
93
New 1st mort., 6s
102
Cin.Rich. &Chic.—1st, 7s, ’95.J&J tlOO
5s, 1904, W. L
J&J 1106*2 107
2d mort
90
85
S. Francisco—7s, g..City & Co. .Var.
Cin.Rich. &F. W.—1st, 7s, g...J&D
117
Central of N. J.—1st M.,7s,*90.F&A
100
68
108*2 Cin. Sand’ky & Cl.—6s, 1900..F&A 198
107*2
79
82
7s, conv, 1902, assented....M&N
Savannah funded 5s. consols
105
M&S t 90
7s, 1887 extended
Consol. M.;7s,1899, assented. Q—J 104%
105
92
90
Somerville, Mass.—5s, 1895..A&O tl03
Consol, mort., 7s, 1890
J&D
108*2
108
Adjustment bonds, 1903
107
77
6s, 1885..
J&J tl07
Cin.&Sp.—7s,
I.,
1901.
765a
C.C.C.&
A&O
Income bonds, 1908
M&N
107%
6**6,1884
A&O tl08 109
77
74
7s, guar., L.8.& M.8., 1901..A&O
Small bonds, 1908
M&N 108
114
Clev. Col. C. & I.—1st, 7s, *99.M&N 120*
Springfield, Mass.—6s, 1905..A&O 1133*2
Am. Dock & Imp. Co., 7s,’86 J&J
121
1119
A&O
78,1903, water loan
Consol, mort., 7s, 1914
108
J&D 115
do
assented
74
Belief. & Ind. M., 7s, 1899...J&J
Toledo, 0.-7-308, RR., 1900.M & N 1106 111
Leh.& Wilkesbarre Coal,'88,M&N
«•••••

m

m

m

m

m

^

_

.

,

-

-

,

-

•

-

Var.

8s

Var.
Washington, D.C.—See Diet, of Col.
88, water, 1893 & ’94

105
113

110*2

1888
Consol., 7s, gold, 1900
Small bonds,

<1

Wilmington, N.C.—6s, gold, cou. on
8s, gold, cou. on
Worcester, Mass.—6s, 1892...A&O tll3*2 114
5s. 1905
A&O 106*2 107
1113-^
Yonkers. N. Y.—Water. 1903

......

■•••••

RAILROAD BONUS.

85
Ala. Cent.—IstM., 8s,g., 1901.. J&J
Ala. Gt. Southern—1st mort., 1908 t 95
50
Ala.& Chatt., 7s,receivers* ctfs..

’88..J&J
A&O
M&N
mortgage, 7s, 1881

Alb’y & Susq.—1st M., 7s,
2d mortgage, 7s, 1885
3d
Consol, mort., 7s, 1906

A&O

Allegh. Val.—Gen. M., 73-10s..J&J
East, exten. M., 7s, 1910
A&O
Income, 7s, end., 1894
A&O

90
99
100
116

108

Q-M

do
assented
Cent. Ohio—1st M., 6s, 1890..M&S
Cent. Pacific—1st, 6s, g.,’95-98.J&J

S.Ga.& Fla., 1st M. 7s, 1899,

:

:

M&N

mort., 7s, 1910
J&J
Cheraw & Dari.—1st M.,8s,’88. A&O

2d mort., 7s
Clies. & Ohio—Pur. money fd.,1884
109
Series A.
116*2 118*2
103
6s, gold, series B, int. def.
•

30

38
116
105
100
1116
117
115
1114
tll8*2 119
1107% 108

At.Miss.&Ohio.—Com.bondh’rs efts J110
Norf’k & Petersb., 1st, 8s. ’87.J&J 100
do
IstM., 7s, 1887. J&J 101
2d M., 8s. 1893.J&J 110
do
South Side,Va.,1st, 8s,’84-’90. J&J
do
2d M., 6s,’84-’90.J&J
do
3d M., 6s,’86-’90.J&J

Virginia&Tenn., M.,6s, 1884. J&J
do

4th M., 8 s.1900. J&J

110
94
102

iio

118
’101

120
104

•

Atl.& St. Law.—St’g 2d, 6s ,g.A&0
3d mort., 1891..
$106 108
Bald Eagle Val.—IstM., 6s,’81.J&J
Baltimore & Ohio—6s, 1880...J&J 101*2 103
A&O 106*2 108
6s, 1885

if

Clev.Mt.V.&Del.—1st, 7s, gold,J&J
Columbus ext., 7s, gold, 1901
Clev. & Pitts.—4th M., 6s, 1892. J&J
Consol. S. F., 7s, 1900
M&N
C. C. & I. C.—1st cons, m., 7s .A&O
2d mort., 7s, 1909
F&A
Trust Co. cert., 1st, cons., assd;..

83

81

*35* \36*

_

110
100

106
106
92

*67%

T.

Logansp. & B., 7s,

65
41

100
102
103

113
105
105
105

ti07

112

r

1st M., 7s, 1880
J&J tlOO
2d M., 7s, 1892
....J&J 1102
102
Col. Springf.& C.—1st, 7s,1901.M&S
tioT
1104*4 104% Col. & Toledo—1st mort. bonds
100*4 Col. & Xenia—1st M., 7s,1890.M&S tl07
tlOO

Price nominal; no late




transactions.

•

•

• •

•

39

★

106

&Pa8sump.—M., 7s, '93.A&O tll0*4 110*2
Massawippi, g., 6s, gold, ’89 J&J t99% 100
67
65
Conn. Val.—1st M., 7s, 1901...J&J
29
32
Conn. West.—1st M., 7s, 1900. J&J
107
6s
..M&S
Connecting (Phila.)—1st,
ioo‘*
95
Cumberl’d & Penn—1st 6s,’91.M&8
98
2nd 6s, 1888
M&N 92
Cumberl.Val.—IstM.,8s,1904. A&O
Conn-.

ii8*
’115

117

103

105
L14
94

107

1112

115
110

109
121

1100*2
95

114*4
1145

102
98
94
85
75

Chic.Clin.Dub &Minn.—7s,’84 F&A
Chic. & East. Ill., S. F. c'y, 1907
do
small bonds....
do
income bonds
Chic. & Iowa—2d M., 8s, 1901.J&J
Chic. I’a & Neb.—1st M., 7s,’88.J&J 1107
Chic.& Mich.L.Sh.—1st, 8s,’89.M&S tl05

197

Dakota Southern—7s, gold,*94,F&A

Danb’y & Norwalk—7s, ’80-92. .J&J
Dayton & Mich.—1st M., 7s, *81. J&J
2d mort., 7s, 1887
M&S
3d mort., 7s, 1888
A&O
Dayt. & West.—1st M.,6s, 1905. J&J
1st mort., 7s, 1905
J&J
Delaware—Mort., 6s, guar.,’95. J&J

103
102

*95**

t The purchaser also pays accrued interest.

100

100

T

1101*2 102
4102
T 101
tlOO
H05
*108
115

106

116*2
101*2 102*2
105

11678 117
105 7e 106
f

Det.G.Haven&Mil.—Equip.6s,1918
Con. M., 5% till’84, after 6*. .1918

*62

1108
’107

$98

109
109
100

89
Det.&Pontiac, 1st M:,6s,’86.A&O
95
do
3d M., 8s, 1886.F&A
Det. L. & North.—1st,7s, 1907. A&O tll3

103

103
113

106

110
95

111
100

Dubuque& Sioux C.—lst,7s,’83.J&J 104
1st mort., 2d Div., 1894
J&J 110*2

Dunk. A.V.& P.—lst,7s,g..l890J&D
Chic.M.&St.P.—P.D.lst,8s,’98 F&A 127
East Perm.—1st M., 7s, 1888..M&S
P. D., 2d M., 7 3-10s, 1898..F&A 113*2
$103
Sterling, 5s, 1927
J&D
112
E.Tenn.Va.& Ga.—1st, 7s,1900. J&J
St.
&
P.
Chic.,
1902....
7s,
g.,
J&J
$112
Sterling, 6s, 1895
M&8
E. Tenn. & Ga., 1st, 6s,’80-86.J&J
Mil. & St. P., 2d M., 7s, 1884.A&O 105
Sterling mort., 6s, g., 1902. .M&S $112
113
E.Tenn.& Va.,end.,6s, 1886.M&N
La.
’115
C.,
7s,
J&J
do
1st
M.,
1893
6s, g., 1910. M&N
ill
*2 112*« Eastern, Mass.—4*28, g.,1906.M&S
&
I.
M.,
M.,
7s,
1897
J&J
107*4
1st
ParkersburgBr., 6s, 1919...A&O
107
I’a. & Dak., 1st M., 7s, 1899. J&J 110
Balt. & Pot’c—1st, 6s, g., 1911.J&J $105
Hast. & Dak., 1st M.,7s, 1902. J&J 110
108
1st, tunnel, 6s, g., g’a, 1911. A&O 1106
Chic. & Mil., 1st M.,7s, 1903.J&J 114
Belvidere Del.—1st,6s,c.,1902. J&I) *111
111
Erie & Pittsb.—1st M., 7s, ’82. J&J
1st mort., consol.. 7s, 1905..J&J
2d mort., 6s, 1885
M&8 106
109
Cons, mort,, 7s, 1898
J&J
1st
101*4
M.,
I.
D.
Ext.,
7s,
1908J&J
&
3d mort., 6s, 1887
F&A
103*2
Equipment. 7s, 1890
A&O
1st M.,68, S’thwest Div.l909J&J 102
122*2
Boston & Albany—7s, 1892-5.F&A 1122
Evansv. & Crawf.—1st, 7s, ’87. J&J
85
1st M., 5s. La C. & Dav.l910J&J
6s, 1895
J&J 1112*2 113
110*2 Evansv.T.H.&Chi.—1st, 7s, g.M&N
110
Bost.Clint.& F —IstM..,6s, '84,J&J 100*2 101*2 Chic.&N.W—Sink.f.,lst,7s,*85 F&A
Fitchburg—5s, 1899
Interest mort., 7s, 1883
M&N 107*2
1st M., 7s. 1889-90
J&J 1107 109
6s, 1898
A&O
110
Consol, mort., 7s, 1915
Q—F 123 i*25**
N. Bedford RR., 7s, 1894....J&J 1109
7s. 1894
A&O
Exten. mort., 7s, 1885
F&A 106 107
Equipment, 6s, 1885
F&A 102 103
110*2 Flint & P.Marq.—1st m.,l.g.8sM&N
1st mort., 78,1885
.F&A
Boat. Conc.& Mon.—S.F., 6s,’89. J&J 104
118
Cons. S. F., 8s, 1902
M&N
Consol, mort., 7s, 1893
Consol., gold, 7s, cp., 1902..J&D
A&O 1 113*2
118
Flint & Holly, 1st, 10s, ’88.M&N
do
do
reg
55*4
Bost. Hart.& E.—1st, 7s, 1900. J&J
106
BayC.& E. Sag.—1st, 10s„82.J&J
55
Sinking fund, 6s, ’79,1929. A&O
1st mort., 7s, guar
J&J
121
Holly W. & M.—1st, 8s, 1901.J&J
Iowa
H16
116*2
Mid.,
1st
8s,
M.,
1900.
A&O
Boston & Lowell—7s, ’92
A&O
105
Flushing & N. S.—1st, 7, ’89..M&N
Gal. & Chic, ext., 1st, 7s,’82.F&A
6s, 1896
J&J 1106*2 107*2
2d mort., 78
M&N
Peninsula, 1st, conv.,7s,’98.M&8
New 5s, 1899
J&J 100*2 101
Ft. W. Jack. &S.—1st, 8s, ’89..J&J
Chic. & Mil., 1st M., 7s, *98..J&J
120*4
Boston & Maine—7s. 1893-94. J&J H20
Ft.W. Mun.&C.—1st, 7s, g.,’89. A&O
106
Madison ext., 7s, g., 1911.**A&O
Bost. & N. Y. Air L.—1st 7s
FTam’gham & Lowell—1st, 7s, 1891
Menominee ext., 7s, g., 1911.J&D
123*’
Bost. & Providence—7s, 1893. J&J 1122
Notes, 8s, 1883
North w. Un.,lst,7s, g.. 1915.M&8
Bost.&Revere B’h—1st,6s,’97. J&J 104*4 104%
Frankfort & Kokomo—1st, 7s, 1908
90
100
Chic. & Pad.—1st M., 7s, 1903. J&J
Buff. Brad.& P.—Gen.M.7s,’96.J&J
Gal.Har.& S.A.—lst,6s,g.l910.F&A
Chic. Pek.& S.W.—1st, 8s,1901.F&A
Buff.N.Y.&Erie—1st, 7s, 1916. J&D 120 124

*

mm••m

•

il0*2

1884..F&A

Cin. & Chic. A. L., 1886-’90
Col. & Hock. V.—1st M., 7s, '97.A&O

82*2
81*4

80*2

do
do
supplementary.,
do
do
...
.
2d
do
income 7s.. 1890
Chic. & Gt. East., 1st, 7s,’93-’95.
Col.& Ind. C., 1st M., 7s, 1904.J&J
do
2d M., 7s, 1904.M&N
Un.& Logansp.,lst, 7s, 1905. A&O

*107*4 107% Del.&Bound B’k—1st, 7s,1905F&A
Del. Lack.& W.—2d M., 7s, ’82.M&S
120
Convertible 7s, 1892
J&D
do
Cons, 68, non-ex.. J&J 1101*4 i'o’i‘%
Mort. 7s. 1907
M&S
do
Neb. RR,1st,7s, A&O 112
do
Om.&S.W.,l8t,8s,J&D 117*2 ii*8*‘ Den.& Rio G.—1st, 7s, g.,1900.M&N
1st consol, mort., 7s, 1900
J&J
Dixon Peo.& H.,lst, 8s,’74-89J&J 107*2
ii9*‘ Des M. & Ft. D.—1st, 6s, 1904. J&J
Ott. 08W.& Fox R., M.,8s,’90.J&J 117
115
Detroit & Bay C.—lst,8s,1902.M&N
114
65
1st M., 8s, end. M. C., 1902.M&N
60
c. & Can. So.—1st, 7s, 1902 A&O

3uincy& Wars’w, 1st, 8s, '90. J&J

98*2

108

116

i9*08..

113

112
112

112*2

Cal. & Oregon, 1st, 6s, g.,’88.J&J 104
Cal.&Or. C.P.bonds, 6s,g.,'92 J&J $106
104
Land grant M., 6s, g., 1890.A&O
109
West. Pacif., 1st, 6s, g., ’99.. J&J
Charl’te Col.&A.—Cons.,7s,'95. J&J 105
95
2d

104

109

98%
108

State Aid, 7s, g., 1884
J&J 105i.2
S. Joaquin, 1st M.,6s, g.1900. A&O 1104

6s, gold, small bonds. 1908
6s, currency, int. deferred, 1918.
6s, currency, small bonds, 1918 .
Va. Cent., 3d M., 6s, 1884...J&J
Atch. Top.& S.F.—1st, 7s, g.,’99. J&J
Cheshire—6s, 1896-1893
J&J
Land grant, 7s, g., 1902
A&O
J&J
6s, 1880
2d. mort., 7s, g.,1903, conv. A&O
Chester Val.—1st M., 7s, 1872.M&N
Land income, 8s
J&J
109*2 Chic. & Alton—1st M., 7s, '93.. J&J
Guaranteed 7s, 1909-. J&J&A&O 109
Sterling mort., 6s, g., 1903..J&J
Florence & El Dor’do, lst.7s. A&O 100% 101
Income, 7s, 1883
A&O
115*2
K.C.Topeka&W., 1st M.,7s,g.J&J 1115
Bds. Kan. C. line,6s,g.,1903.M&N
110
ao
income 78. A&O 108
106
Miss.Riv.Bridge, 1st.,s.f.,6s,1912
Pleas’t Hill & DeSoto, 1st,7s,1907 105
Joliet & Chic., 1st M., 8s,*82..J&J
Pueblo & Ark.V., 1st, 7s, g.,1903. 11095a 10978
Louis’a & Mo.R., 1st, 7s,1900F&A
106
Wichita&8.W.,lst,7s,g.,gua..l902 1104
do
2d, 7s, 1900 M&N
73
$71
Atlan.& Gt.W—1st M.,trustees’ ctfs
St.L. Jacks’v.& C., 1st,7s,’94. A&O
38
136
2d mortgage trustees* certiAc’s..
Chic. B. & Q.—1st, S.F.,8s, '83. J&J
18
do
$17
3d
do
do
Consol, mort., 7s, 1903
J&J
Leased L. rental, 7s, g., 1902.J&J
Bonds, 5s, 1895
J&D
do
do 7s, g.,1903.J&J
5s. 1901....,
85
A&O
West. ext. certifs, 8s, 1876..J&J ’80
Bur. & Mo. &., I’d M., 7s,’93.A&O
85
do
do
7s, guar. Erie !80
do
Conv. 8s.’94 ser.J&J
’99
101
Scrip for prior lien bonds, 6s
108
Bur.&Mo.(Neb.),lst,6s,1918.J&J
Atlantic & Gulf—Cons. 7s, ’97. J&J 105
do
8s, conv.,1883.J&J
1st mortgage, 7s
J&J 105

Atch’n & Neb.—1st,7s, 1907..M&8
At& Pk P.—lst.6s,g.ex cou.’95M&N

Clev.&M. Val.—1st, 7s. g., *93.F&A
S. F. 2d mort., 7s, 1876
M&S

M&N

$ In London.

V In Amsterdam.

192

$99

92*4
101

.

109
......

100

105

90

104
96

*

103
85
103
111
119*2
100
86

95

103*«
112

120*2
110

88

90

93
92

......

55
20

t90
12*2

W

93

*93*"
93*2

Mat 1,

THE

1680.]

GENERAL QUOTATIONS

Bid.

......

K.CStJos&
6s.

l.g., g’d, 7s,
1st M.,7s, l.g., gold,not guar. AA

Ex land grant, 1st 7s, ’99
Greenv. & Col.—1st M., 7s

Bonds, guar
Hack’s’k&N.Y. E.—1st, 7s,’90.M&
Hannibal & Nap.—1st, 7s, *88.M&

108% 106%
70

Kans.C. & Cam., 1st,

ill5

10s,’92.J&J

i

J&J

2d mort., 6s, 1889

M.&Clarksv,t’g61902

Hunt. & Br. Top—1st, 7s, ’90..A&O
2d mort., 7s, g., 1895
F&A
Cons. 3d M. 7s, 1895
.A&O
HI. Cent.—1st M,Cbic.& Spr.’98J&J
Sterling, 8. F., 5s, g., 1903..A&O
Sterling, gen. M.,6s, g., 1895. A&O
do
5s, 1905
J&D
Ill. Grand Tr.—1st M., 8s, ’90.A&O
Indiana Bloom. & Western1st mort., pref., 7s, 1900
J&.T

1st,'3s, 4s, 5s & 6s, 1909.

2d M., 3s, 4s, 5s,
Income, 1919

*

1

106% 107

Equipment bonds, 8s, ’83.. .A&O
Ga. Riv. V., 1st 8s, guar.,*86.J&J

107

6s, 1909

J.L.&Sag.lst,88’85,“wh.bds”J&J
do

100
112% 114
109
68
63
no
*108
105
*103
112
*110
105
*103
115
114
:.

..A&O

guar.,1900.M&N

International & Gt. Northern
1st mort., 6s, gold. 1919
M&N
2d mort., income, 8s, 1909

Lansing—1st 8s, ’89. ..J&J
Iowa City& West.—1 st,7s,1909M&S
I’a Falls & Sioux C.—1st, 7s,’99 A&O

Ionia &

7s,g.J&J
Jefferson—Hawl’y Br. 7s, ’87.. J&J
Ithaea & Athens.—1st m.,
1st mort., 7s,

1889

J&J

Jeff. Mad.& tnd.—1st, 7 s,1906. A&O
2d mort., 7s, 1910
J&J

Ind’pcli8& Mad., 1st,7s,’81.M&N
Junction RR. (Pliil.)—1st,6s,’82 J&J

100
102

A&O

2d mort., 6s, 1900

106%
86%
C.B.—M. 7s,1907.. J&J (111%
Incomebds,reg. ,6s, 1907... A&O
88
Kansas & Nebraska—1st mort
75
35
2d mort.

K.C.Ft.Scott& G.—1st,7s,1908 J&D
Kansas C. Lawr. & So. 1st, 4s. 1909

Keokuk&DesM.—lst,58, guar. A&O
L. Erie & West.—1st, 6s,1919.F&A
Income, 7s, 1899

98
54
Laf. BL&Mun.,lst, 6s,1919.M&N 100%

do
income, 7s, 1899..
Lake Shore & Mich. So.—
M. So.& N.I., S.F.,lst, 7s,’85.M&N
Cleve. & Tol., 1st M.,7s, ’85..J&J

65

110

Jamest.&

.

Frankl..lst,7s,’97.J&J *

do
2dM.,7s,’94.J&D
Kalamazoo Al.&Gr.R.,1st,8s. J&J
Kal.& Schoolcraft, 1st, 8s.’87. J&J
Kal.& Wh. Pigeon,1st. 7s,’90.. J&J
Lake Sh. Div. bonds, 1899.. A&O
L. S.&M. S., cons., cp., 1st,7s.J&J
do cons., reg.,1st,78,1900.Q—J
do cons., cp., 2d,7s, 1903..J&D
do cons.,reg.,2d, 78,1903.J&D

Lawrence—1st mort.,

North Ext., 8s, ’90.M&N
Cons, mort., 8s,’91.M&S (106

Cons, assented, 1904-6
1st, 6s, g., 1899. (U. P. S.

F&A

Br.)J&J
2d mort., income, 1911
A&O
Boonev’e B’ge,7s,guar,1906.M&N
Han. & C.

Lewisb. <x Spruce Cr.—1st, 7s.M&N
Little Miami—1stM.,6s,1883.M&N
L. Rock& Ft.S.—lstjl.gr.,78 ’95. J&J
Little Schuylkill—1st, 7s, ’82.A&O

J&D
6s, 1895
M&S
7s, 1895
F&A 106 112
Cape Cod, 7s, 1881
Or’ge& Alex’ndria—lst,6s,*73M&N
2d mort., 6s, 1875
J&J 109% 110%
85
3d mort., 8s, 1873
M&N 80
50
4th mort., 8s, 1880
M&S 46
82% 83
Or. Alex.& M.,lstM., 7s. ’82.JAJ

Paris&Dec’t’r—lstM.,7s,g.f’92.J&J *30
Pekin Lin.& Deo.—1st,7s,1900 F&A
Pennsylvania—1st M., 6s, ’80. .J&J 102%
117
General mort, 6s, coup.,1910 Q—J
do
6s, reg., 1910.A&0 118
113

110

108%
108
( L09
(104

Iowa extension
Mi88.&Tenn.—1st M., 8s, series “A”
88, series “B”

105
60

89

Mo., 1st 7s, g.,’90.M&N

115
100

110

109%

109
65
91
102

1905..Q—M
1905..J&D
Navy Yard. 6s, reg., 1881 ...J&J
Penn. Co., 6s, reg., 1907
Q.—J
Penn.&N.Y.—lst.7s,’96&1906. J&D
Peoria Dec.&Ev.—1st,6s,1920,J&J

118

Incomes, 1920
Peoria Pekin & J.—1st,

102

Perkiomen—1st M., 6s,

Cons, mort., 6s, reg.,

106

110

ill

102

New

74
50
40

63
101
68

N. J. Midl’d— 1st M., 7s, g.,’95.F&A
2d mort., 7s, 1881
F&A
N. J. Southern—1st M.,new 6s. J&J

112
111

102
114

108
100

105

122%
122
118%

120

123

N. Y.

N.Y.&Harlem—7s,coup.,1900.M&N

119

7s, reg., 1900
M&N
N. Y. Lake Erie & West. (Erie)—
4.1
1st mort., 78.1897,extended M&N
•

*103

116
98
95
28

84

120
126

2d mort. exten.,

5s, 1919 ...M&S

3d mort., 7s, 1883
4th mort., 7s, 1880
5th mort., 7s, 1888
1st cons. M., 7s, g.,1920
New 2d cone. 6s, 1969

113

M&8
A&O
J&D
M&S

Pitts. Tifcusv.A
2d ,7s,




transactions.

107%

*86
*92
*113
115

M&S

125
119

*110

B.—New 7s,’96F&A

.J&J

Mort, 7s, 1881-90

Rich. & Petersb., 8s,’80-’86...A&0
New mort., 7s, 1915
M&N
Rome Wat’n&O.—S.F.,7s,1891. J&D
2d mort., 7s, 1892.
,...J&J

Consol, mort., 7s, 1904
A&O
Rutland—1st M., 8s, 1902....M&N

Equipment, 2d mort., 5s
F&A
& Pacif.—1st mort..

3t. Joseph
2d mort

St.L.Alt.&T.H.—1st M., 7s, ’94.J&J
2d mort., pref.. 7s, 1894
F&A
2d income, 7s, 1894
M&N

123%
105%
105%
101% 102
111% 111%
118% 119
85% 86%

115

109%
117%
116%
130
111

3t.L.Vand.&T.H.-lstM.,7s,’97.J&J
2d mort., 7s, 1898
M&N
2d, 7s,guar.,

’98

M&N
J&J
A&O

St.P.Minn.&Man.—1st 7s,1909. J&J
1st, 7s, 1909, small
2d 6s, 1909
St. P. & S. City—1st, 6s,

1919.A&0

82

98

100%

87

88

101

102

35
80

50
90
30
130

15

104% 105%
100

111

113
100
117

110
109

103
95

110
101

65%' 65%
96
75
85
60

(95
74

80
55
112

104%
93

25
*90
113
95
105
108

35
100
•

•

•

•

•

•

t94% 95%
101% 102%

Mort. on new lines
St.P. Stillw.A T. Falls,lst,8s,1901

111
111
111

do
do
Sandusky M.&N.—1st.

81
104

income....

7s,1902.J&J

104% 107%

Savannah&Chas.—IstM.,7s,’89 J&J
Chas.& Sav.. guar., *6s, 1877.M&S
tlOl
Scioto Val.—1st M., 7s, sink’g fund
75
2d mort
Sham. Val. &

110

P.—1st, 7s, g., 1901 J&J
i*oi% Sheboyg’nA F-du-L.—lst,vs,'84J&D
90% Shore L., Conn.—1st M.,7s,'80.M&S
Sioux C. & Pae., 1st M., 6s, ’98.J&J
50
..

116%

* In

London.

In Amsterdam.

103
80
35

90
109

8o.&N.Ala.—lst,8s,g.,end.’90.. J&J *105
Sterling mort., 6s, g
M&N

-

t The purohaser also pays aoorued interest.

112

BeUev.&S.Il]..l8t,S.F.8s,’96.A&0 113% 117
113%
3t. Louis & I. Mt.—1st, 7s, ’92,F&A
103%
103%
2d mort., 7s, g., 1597
M&N 93% 93%
1st 7s, inc., pf. int. accumulative.
73% 74
2d 6s, inc., int. accumulative
105
104
Ark. Br. 1. gr., M., 7s, g., ’97.J&D
1007e 101
Cairo Ark. & T.,lst,7s,g.,’97.J&D
108%
Cairo & Ful., 1st,l.g.,7s,g.,’91. J&J
93% 94
St.L.&SanF.—2d M.,classA,'06M&N
75%
2d M., class B, 1906
M&N 75
74%
class C, 1906.
M&N i‘03% 104%
do
South Pacific.-1st M, 1888 .J&J
100
85

1st cons, fund coup.,78,1920
2d cons, f’d cp., 5s,1969

110

121

80

cou.M&N

Rich’d&Dan.—Con.,6s,’78-90. M&N
General mort., 6s, gold
A&O
Piedmont Br., 8s, 1888
Rich. Fred. & Potomao— 6s, 1875

126%
126%

115%

F&A

1896

Ren.&S’toga—1st 7s,1921
1st 7s, 1921, reg

22

95

130

Portl’nd&Ogb’g— lst6s,g.,1900J&J
Yt. div., 1st M., 6s,g.,1891..M&N

127

88

104
tl02
114% 114%
*110 112

Warren & Fr’kln, 1st, 7s,’96.FAA
Port Hur.&L.M.—1st,7s,g.,’99 M&N

1891.F&A tl05

Price nominal; no late

A&O

6s,’84.Var.

102%

118% 119

Buff Ch.L.&Pitt.lst,78,1909 M&N
Oil Creek, IstM., 7s, 1882... A&O
Union & Titusv., 1st, 7s,1890.J&J

♦

(100
6s, due 1880
North Carolina—M., 8s, 1878.M&N 110
North Penn.—1st M., 6s, 1885. J&J 108%
.M&N 107
2d mort., 7s, g., 1883..
2d mort., 7s, 1896
110%
M&N 116
..M&S
Cecilian Br., 7s, 1907..
105
Gen. mort., 7s, 1903
J&J 115%
104%
.A&O
Louisville loan, 6s, ’86-’87..A&0
125
103
Northeast.,8.C.—1st
M.,8s,’99,M&S
102
Leb. Br. ext., 7s, ’80-’85
115
2d mort.. 8s, 1899
M&S
Leb. Br. Louisv. l’n, 6s, ’93..A&O
118
North’n Cent.—2d mort.,6s,*85. J&J 108
Mem.& 0.,stl., M.,7s, g.,1901J&D 1116
3d mort., 6s, 1900
A&O 109
F&A *115 117
Con. mort., 6s, g., coup., 1900. J&J 109
Memphis & Ohio, 1st, 7s, 1901
113%
68, g., reg., 1900
A&O 109
Maine Cent.—Mort. 7a, 1898...J&J till
104
Mort. bonds., 5s, 1926
J&J 80
Exten. bonds, 6s, g., 1900...A&O f 103
110
Con. mort, stg, 6s,g., 1904...J&J *102
Cons. 7s, 1912
A&O tl09 106
Northern Cent’l Mien.—1st, 7s
95
Androscog. & Ken., 6s,
104
Northern, N.J.—1st Ml, 6s, *88. J&J
Leeds & Farm’gt’n, 6s, 1901.J&J 1103
103
Norw’h&Worc’r—1st M.. 6s.’97. J&J 108
Portl’d & Ken., 1st, 6s, ’83..A&O tl02
106
Ogd’nsb’g&L.Ch.—1st M.6s,’98,J&J 100
do
Cons. M., 6sr ’95.A&O 105
8. F., 8s, 1890;
...M&S (101%
Marietta & Cincinnati—
90
Ohio
Cent.—Ist.mort.,6s,1920,J&J
109%
1st mort.. 7s. 1891
F&A 109 107
Incomes, 1920
Sterling, 1st M., 7s, g., 1891.F&A
82% OMo&Miss.—Cons. S. F. 7s,’98. J&J 115
2d mort., 7s, 1896
M&N 82
J&J 114
48
Cons, mort., 7s, *98
3d mort., 8s, 1890
J&J]
*

*il5*‘

J&D
M&S
J&D 91% 91%
69
Gold income bonds, 6s, 1977..
.
117% 119
Long Dock mort., 7s, 1893..J&D 111% 111%
N.Y.&N.Eng.—1st M.. 1905... J&J
St. L.& S.E.—Con. M.,7s, g.,’94M&N
N.Y.N. H.&Hart., H.& P. 1st,7s. A&O 110
1st, cons., 7s, g., 1902
F&A
N.Y.Prov.&B’n—Gen. 7s, 1899. J&J (120
Evansv. H. & N.,1st,7s, 1897. J&J

102

Long Island—1st M., 7s, 1898.M&N 107
80
Newtown & FI., 7s, 1903 ...M&N
80
N. Y. & Rockaway, 7s, 1901.A&0
75
Smitht’n & Pt. Jeff, 7s, 1901.M&S
Lou’v.C.A Lex.—1st,7s,’97 J&J (ex)
.A&O
2d mort., 7s, 1907...
A&O
Louisville & Nashville—
.A&O 1114% 115
Consol. 1st mort., 7s, 1?

105%
47

1913

Equipment, 8s, 1884

......

55
18

56%
60

82
124
75% 80
102%

Sterling cons. M., 6s, g., guar.J&J
Pittsb.Ft.W.& C.-lst, 7 s, 1912. J&J
2d mort., 7s, 1912
J&J
3d mort., 7s, 1912
A&O

112
Elevated.—1st M., 1906.J&J in%i 61

122% N. Y. & Greenw’d Lake.—1st M., 6s
2d mortgage

(102%
101 %

114
96
93
27

98

*78

Pitt8b.&Con’llsv.—lstM.7s,’98.J&J

J&J 127 127
J&J
Subscription, 6s, 1883
M&N
118
Sterling mort., 6s, g., 1903... J&J *116
106
N. Y. C.,premium. 6s, 1883.M&N
108%
do
J&D
6s, 1887
105
.do
real est., 6s, 1883.. M&N
Hud. R., 2d M., 7s., 1885... .J&D iio%

110

125
111%

100

Mort., 78, coup., 1903
Mort., 78, reg., 1903

116

118%

90

125

121

1893...J&J

6teubenv.& Ind., 1st.,

112

N’burgh&N.Y.—1st M. 7s,1888. J&J
N.Haven&Derby, 1st M., 7s,’98.Var
N. H. & N’th’ton—1stM.,78,’99. J&J
Conv. 6s, 1882
A&O

convertible, 7s,

2d mort., 7s,

100

New’kS’set&S.—1st, 7s, g.,’89.M&N

103

1897..A&O

$&£,68,g.,1908, x cps.J&J
Scrip for 6 deferred % coupons ..
Coal& I., guar. M., 7s, ’92.. M&S
Income mort., cons. 7s, ’96, J&D
Phila. Wil.&Balt.—6s, ’92-1900A&0
Pittsb.C.A St.L.—1st, 7s, 1900.F&A

113%

97
112

102

G. srt..

1.02%

95
no

112

8unbury&Erie, lstM.,7s.’97.A&0 112% 116%

129

Nashv.& Decat’r.—1st,7s,1900. J&J
Nevada Cen.—1st 6s, 1904.... A40
Newark & N. Y.—1st, 7s, 1887.J&J

99%

7s, ’94. J&J

Phila. &.Read.—1st M., 6s,’80..J&J
106%
1st mort., 7s, 1893
A&O
109% 109%
Debenture, 1893
J&J
Mort., 7s, coup., 1911
1 .J&D
Gold mort., 6s, 1911
J&D
Improvement mort., 6s, 1897
12% 20
73
41
32
32

40

Phila. & Erie—1st M.,6s,1881.A&0
111% 112%
2d mort., 7s, 1888
J&J 1108
110
2d mort.. guar., 6s, g., 1920. J&J

62

61%

115

119
120
114
114

122
98
55
*40

cps.,Dec.,’77,to J’e,’80,inc.
Petersburg—1st M., 8s, '79-’98.J&J
2d mort., 8s, 1902.
J&J

103

102

51

102

105% 105%

Ex fd.

Bonds, 7s, 1900
J&J
111
General mort., 7s, 1901
A&O
Consol, mort., 7s, 1915
J&D
109
Nashua & Low.—6s, g., 1893.F&A (107
107
Nashv.Ch.A St. L.—1st, 7s, 1913 J&J 114%
86%
1st, Tenn. & Pac., 6s, 1917...J&J
99
112
1st, McM. M. W.&A.,6s,1917.J&J
89
80
40

6s, coup.*

do

106%

109%

7s,1895.F&A

Lehigh & Lack.—1st M.,7s, ’97.F&A
Lehigh Val.—1st M., 6s, 1898. J&D
2d mort., 7s, 1910
M&S
Gen. M., s. f., 6s, g., 1923....J&D
Delano Ld Co. bds, end.,7s,’92J&J

100

1108

N.O.Mob.&Chatt.—1st,8s,1915. J&J
do
2d M., 7s, 1886.A&0 106%
116”
N.Y. & Can.—£ M.. 6s, g., 1904.M&N
Cl. P. & Ash., new 7s, 1892.. A&O 113
119
N. Y. Central & Hudson—
Bufl.& E., new bds, M.,7s,’98.A&O (117%
Buff. & State L., 7s, 1882....J&J
Det. Mon. & Tol., 1st, 7s, 1906...

96

F&A

1897

112%
76
(109% lio
(109% 110
(118
118%
101% 103

100 *
101% 101% Oreg. & Cal.—Frankfort Com.Rec.x *49
98
Osw.&Rome—1st M., 7s, 1915.M&N
106%
Osw. & Syracuse—1st, 7s, ’80.M&N
122
121
Panamar—Sterl’g M., 7s, g. ’97.A&O *113
111% 112
105% Paris & Danville—IstM., 7s .1903.
105

do
2d, 1892.... M&N
88
Mo.Pac.—1st mort.,6s,gld,’88, F&A
2d mort., 7s, 1891
I 45
J&J
107
Car. B., 1st mort., 6s, g. ’93..A&0
3d mortgage
Income, 7s, 1892
M&S
100* 101% Mob. & Ala. Gr. Tr.—1st, 7s, g’ld,’95
68
Mobile & O.—1st pref. debentures..
L13
2d pref. debentures
112
3d pref. debentures
4th pref. debentures
(106 L07
New mortgage, 6s, 1927
*104% 107% Morris
& Essex—1st, 7s, 1914 M&N
95 L08
2d mort, 7s, 1891
F&A
Construction, 7s, 1889
F&A
115% 116

109

87

Old Colony—6s,

106

1st M.,

62%
50% 55
99% 100
64% 65

& 6s, 1909. A&O

116

83

Minneapolis & Duluth.—1st 7s
Minn. & St. L.—1st M., 1927..J&D

74%

110
no

90

Mo. Kansas & Texas—

115
74

Mississippi (continued)
7s, 1911
A&O
1st mort., Springf.Div.,1905 M&N

2d mort.,

112

•

do
Joliet & N.Ind.,lst,78 (guar.M.C.)
Mil. & North.—1st, 8s, 1901... J&D

In’polis D.& Sp’d—1st,7s,1906 A& D
2d mort., income, 1906
J&J 80
Ind’polis & St. L.—1st,7s, 1919.Var.
40
2d mort., 7s, 1900
A&O 105
Ind’apolis& Yin.—1st, 7s,1908.F&A
95
2d mort.. 6s, g.,

M&S

Kalamazoo&S.H.,lst,8s,’90.M&N

110% 110%
i

108

Memp. & Charl’n—2d, 7s, ’85..J&J
1st, cons.,Tenn. lien, 7s, 1915 J&J
Mem. & L. Rock—1st, 7s
Metrop’n Elev.—1st M ., 1908, J&J
Mich. Cent.—1st M., 8s,1882..A&O
Consol., 7s, 1902
M&N
1st M. on Air Line, 8s, 1890. J&J
Air Line, 1st M., 8s, guar. ..M&N

109%

West. Div.. 1st, 7s, g., 1891..J&J
Waco & N. W., 1st, 7s, g.,1903. J&J
Cons, mort., 8s, 1912
A&O

&N., 8s, 1915

95

85

Tex.—1st, 7s, 1898.
Houst.&Tex.Ceu.—1st M.,7s,g’d,’91
Houst. E. & W.

Waco

120

101
106

Ask.

Bid.

Railroad Bonds.

Ask.

Ohio &

92
Marietta & Cincinnati (continued) —
119
Scioto & Hock.Val., 1st, 7S..M&N
116
Balt. Short L., 1st, 7s, 1900..J&J
105
Cin. & Balt., 1st, 7s, 1900. ...J&J
108% 110%
105
Marietta P. & Clev.—1st, 7s, g., ’95
100
85
Consol. 7s
J&D
75
100
Marq’tteHo.A O.—Mar.& 0.,8s, ’92
105
6s, 1908
M&S
18% Mass. Central—1st, 7s, 1893.
15

Gr.Rap. & Ind.—1st,

Quotations.

Head of First Page of

Railroad Bonds.

Ask.

Bid.

Railroad Bonds.

BONDS—Continubd.

OF STOCKS AND

Explanations See Notes at

For

459

CHRONICLE.

100
115
107

THE CHRONICLE.

460
GENERAL
For

QUOTATIONS OF STOCKS AND

Explanations See Notes at Head
Bid.

Railroad Bonds.

So. Carolina—1st

M.,7s/82-’88.J&J
1st, sterl. mort., 5s,g.,’82-’88. J&J
Bds,7s,'02,2d M.,uneDjoinedA&0
Bds., 7s, non-mort
A&O
South Side, L.I.—lst,7,1887...M&fe
do
S. F., 2d, 7s,1900.M&N
So. Cen. (N.Y.)—1st7s, 1899.. F&A
2d mort. 7s, gold, 1882, guar..
So. Minnesota—1st, 7s, (pink). A&O

102
92

72
38
99
25

Ask.

..

1st mort. 7s, 1888
Extension

:.J&J

S ).Pac.,Cal.—1st., 6s, g.,1905-6. J&J
Southwestern (Ga.)—Con v.,7s, 1880
Summit Br.—1st, 7s, 1903
J&J

100
105
95

97%
107
90

104
106

98%
110
100

Su8p.B.&ErieJunc.—1st M.,7s

Syr.Bing.&N.Y—cousol.7s,’06A&0 rii’3

Texas & Pac.—1st, 6s, g.1905 M&SConsol, mort., 6s, gold, 1905. J&L)
Inc. and land gr., reg., 1915. July
Tol.P.&W.—Pur. C. rec’ts, 1st, E. D.
Purch. Com. Rec’tlstM., W.D...

113%

101
95
68% 69
130
129

103

127% 129%

do

Burlington D
1st pref. inc. for 2d mort
do

f(

r

60
60

cons’d

United Co’s N.J.—Cons.,6s,’94. A&O

Sterling mort., 6s, 1894

M&S

till* 11*3 "

do

r

M&S tl 15
6s,1901
Cam. & Amh., 6s, 1883
F&A 101%
do
6s,1889
J&D 10/%
do
mort., 6s, ’89.M&N 114
UnionPac.—1st M.,6s,g.’96-’99.J&J 112%
Land Grant, 7s, 1887-9
A&O 111
Sink. F., 8s, 1893
M&S 116
Om. Bridge, sterl. 8s, g., ’96.A&O 1118
Reg. 6s, 1893
M&S 114
Coil, trust, 6s, 1908
J&J 105%
Colorado Centrist,8s, g.,’90. J&D *tioo
Denver Pac.,lstM.,7s,g.,’99.M&N
Kans. Pac., 1st, 6s, g., 1895.F&A
do

do
do
do
do
do

do

1st

M., 6s,

g.,

1896.J&D

90
118

116%

117

105%
108%
116

11234
111%
.....

120

do
Denv.Div.,6sass.cp.cert.
do 1st cons. M ,6s,1919 M&N
Utah Cen.—1st M., 6s, g.,1890. J&J
Utah Southern—1st 7s, 1891

Utica & Bl’k R.—1st M., 7s, ’78. J&J
Mort., 7s, 1891
J&J
Verm’t & Can.—M., 8s

Mississquoi, 7s, 1891

J&J
Vermont Cen.—1st M., 7s, ’86.M&N
2d mort., 7s, 1891
..J&L
Income extension 8s
M&N
Stanstead S. & C., 7s, 1887. .J&J

Verm’t&Mass.—1st M.,6s, ’83.J&J
Oonv. 78,1885
J&.i

Vick.&Mer.—l8tM..end.,7s,’90.J&J
2d mort, end., 7s, 1890
J&J
Wabash—1st M.,ext.,7s,’90,ex.F&A

Mort., 7s, 1879-1909
2d mort., 7s, ext. 1893,
Equipment, 7s, 1883

A&O
ex.. M&N

M&N
Cons, mort., 7s,1907,con.,exQ—1
1st, St. L. div., 78, 1889, ex.F&A
Gt. West,, Ill.,1st,7s, ’88,ex. F&A
do
2d,7s, ’93,ex.M&N

Q’ncy & Tol., 1st, 7s,’90, ex.M&N
Ill. & 8. Ia., 1st, 7s, ’82„ ex.F&A

100

Washington Branch

Parkersburg Branch

100

100

California Pacilic

Cambridge (street), Boston ....100

il8

60

83

107% 108
93

100
33
10
12
1

38
25

100

rs h/p*'

120
70
50
109

Chic. St. L. & N. 0

100

40
20
14
3
40
35

109
96

104% 104%
40

Chicago & West Michigan

100

Cin. Hamilton & Dayton
.100
Cin. Sandusky & Cleveland
50
do
Pref., 6.50
Clev. Col. Cin. & Indianapolis.. 100
Clev. & Mahoning Val., leased...50
Clev. & Pittsburgh, guar., 7...'..50
Col. Chic. & Indiana Central...100
Columbus & Hocking Valley—50

Columbus & Xenia, guar., 8
Concord

50

50

Concord & Portsmouth,guar.,17 100
Connecticut & Passumpsic
100
Connecticut River
100

100% 101
Dayton & Michigan, guar., 3%.. 50
do
105% 106
Pref., guar., 8.50
Delaware & Bound Brook
100
107%
104% 104% Delaware Lack. & Western
50
105

108

Denver & Rio Grande

104
Det.
105%

102

85
95

100

103
113
112
111
112
115

108
115

99
108
115
105
106

1C4
119
114
114
121
114
121

100

Lansing & Northern, com .100
do

do

Pref. 100

Eastern in N. H
1..100
Eel River
100
Elmira & Williamsport, 5
50
do
Pref., 7..50

Erie &

Flint & Pere Marquette
Florence El Dorado & Walnut V.100
Frankfort & Kokomo..,
50

......

Houston & Texas Central

100

Huntingdon & Broad Top

50

110
109

110

113% Indiana Bloomington & Western...

70
60
40
i 95

195

X 8%
:4%

75
65

do
Illinois Central

do

Pref.. .50
100

Indianap’s Cin. & Lafayette

50

International & Gt. Northern.. 100
Iowa Falls & Sioux City
100
40% Jeft’v. Mad. & Ind’p’s, l’sed. 7.. 100
100
Joliet & Chicago, guar., 7
100
100

9

4%

106

Price nominal; no late transactions.




50
100

105

Atoliisou & Nebraska
100
80
Atchison Topeka & Santa Fe.. 100 xl24
Atl. & 8t. Law., leased, 6, £
100 J 118
Augusta & Savannah, leased...100
Baltimore & Ohio
100 xl*5*2
do
Pref., 6
100 116
do
2d, pref
107%

*

Pittsburg, guar., 7.

Fitchburg

Georgia Railroad & Bank’g Co. 100
Grand River Valley, guar., 5.. 100
Hannibal &St. Joseph
100
100%
do
Pref., 7.. 100
114
Harrisburg P. Mt. J.&L., guar.t7.50
121
Highland (street;, Boston
100

Par

South.—Lim., A., 6s,pref..
Jim., B, com
Albany & Susqueh., Guar., 7...100
Allegheny Valley
50

Marietta & Cin

100

40*
143

30%

50

1st
2d

pref
50
50
pref
Memphis & Charleston
..25
Metropolitan (street;, Boston ...50
Metropolitan Elevated
Michigan Central
100
Middlesex (street), Boston
100
Mine Hill & 8. Haven, leased
50

98
126

135
100
70

118% 149
25

20
126

126%

Kansas City
do

81
125
120

156
120
109

( The

93%
109
189

110
192

30%
57%

Missouri Kansas & Texas
100
Missouri Pacific
100
Mobile & Ohio RR. asstd
J.00
Morris & Essex, guar., 7
50
Nashville. Chat. & St. Louis
25
Nashua & Lowell
100
Nashua & Rochester, guar., 3.. 100

Ft. Scott & Gulf... 100
do

Pref. 100

City Lawrence & So ...100
City St. Jos. & Coun. B.100

Kansas
Kansas City Topeka &
Kansas & Nebraska..^
Kansas Pacific.
Keokuk & Des Moines

West’n. 100
:

do
Pref
Lake Erie & Western.
Lake Shore & Mich. So

Lehigh Valley
Little Rock & Fort Smith
Little Miami, leased, 8
Little Schuylkill, leased, 7

58

Long Island

100

46

$44
113%
1412
95
125
x89
117

77%

120

53
119

54
120

993i 100
8514
'

107
60

63

96
LOS

§60
70
35

Pennsylvania Company

106

50

Wilmington & Balt
50
Pittsburgh Cincinnati & St. L...50
Pittsb. & Conn ells ville, leased... 50

Pliila.

Pittsburg Titusville & Buffalo...50
Pittsb. Ft. W. & Chic, guar., 7.100
do
Special, 7.100
Pleasant Hill & De Soto.
100
Portland Saco& Portsra.,rsed 6 100

Portsm’th Gt. Falls & Conway. 10u
Providence & Worcester
100
Pueblo & Arkansas Valley
100
Rensselaer & Saratoga
100

100

Rutland
do

100
100
100

100

& Ogdensb. .100
100

100

Pref., 7

22

Syracuse Bingh’tou & N. Y
Summit Branch, Pa
Terre Haute & Indianapolis
Toledo Peoria & Warsaw

109

4914
80

80%
70

107%

32

483*
120%

§54%
10

100

90

i*8*9*"
54%

§5 4%

50

St. Joseph & Western
30
33
St. Louis Alton & Terre Haute. 100
do
do
Pref. 100
ios" 106'
Belleville & So. Ill., pref
100
St. Louis I.M’n & South.,hssen’dl00
”33 is 33% St. Louis & San Fran
100
do
Pref
100
7112 71%
*55
do
1st pref.. 100
130
St. Paul & Duluth
100
73
do
'
100
Pref
Seaboard & Roanoke
100
$8
do
Guar
100
§12
Shore Line (Conn.), leased, 8...100
10434
30
South Boston (street)...'.
50
South Carolina
100
South Side..c
!
25
Southwestern, Ga., guar., 7
100

30

76%
112

do
Pref
50
Peoria Decatur & Evansville ..100

Richmond & Danville
Richmond Fred. & P
do
do
Guar. 7
Richmond & Petersburg

125% 126

To'

*33%

100

Panama

Rome Watertown

'26'

‘

33%
76%

100 111%
Oswego & Syracuse, guar., 9.. ..50 108

Republican Valley

80

18

33%

79

25

16%
64%

50 §16
Philadelphia & Erie
64
15% Philadelphia & Reading
i. .50
100
do
PreL, 7
50 §....
Pliila. & Trenton, leased, 10... 100 160
‘89% Phila. Germ’n & Nor., l’sed, 12. .50 §102

6414 65
14412 145

65
93

33%

78
22

Old Colony

13% Pennsylvania Railroad

§52%

& Chic. 100

Pref

do

13%

Louisiana & Mo. Riv., pref., guar..

Louisville & Nashville.
Louisville New Albany

100

Mississippi

62
71

50
50
50
50

..100

Ohio Central....

61
70

50
100
loO
100
100
100

Ogdensburgh & Lake Champ... 100
do
Pref., 8. .100
Ohio &

Pref. 100

do

(

Ala. Gt.

38'
100
IOC xl40

......

Kansas

RAILROAD STOCKS.

82

100

Macon & Augusta
Maine Central
Manchester & Lawrence
Manhattan Railway

*29%

Chicago St. Paul & Minn., com 100

103% 103%

Winona&St.Pet.—lstM.,7s,’87.J&J

2d mort., 7s, 1907
M&N
Ex., 1. g., mort., 7s,g., 1916..J&D
Wis. Cent.—1st, 7s, coups, unfund.
1st series, new
2d series, new
Worc’r & Nashua—5s, ’93-’95.. Var.
Nash. & Roch., guar., 5s, ’94.A &0

81

Lynn & Boston (street)

'

Chicago & North Western
100
do
9.»34 96%
Prof., 7.100
105
100
Chicago & Rock Island
100

Westch’r& Phil.- Cons.,7s,’91.A&O

.

Ask.

.

Om.Div.,lst7s,1919.A&0 109% 109% Dubuque & Sioux City
100
Clarin. Br., 6s, 1919.F&.A
95
East Pennsylvania, leased
50
No. Mo.,1st M., 1895. J&J
116
East Tennessee Virginia & Ga.100
Wabash Fund, Int. Bds., 1907Eastern (Mass.)
100

W. Jersey—Debent. 6s, 1883..M&S
1st mort., 6s, 1896
J&J
Consol, mort., 7s, 1890
A&O
West’n Ala.—1st M., 8s, ’88...A&O
2d mort., 8s, guar., ’90
A&O
West. Md.—End.., 1st, 6s,90... J&J
1st mort., 6s, 1890*
J&J
End., 2d mort., 6s, 1890
J&J
2d mort., pref., 6s, 1895
J&J
2d, end. Wash. Co., 6s, 1890 J&J
3d, end., 6s, 1900
J&J
West’nPenn—lst’M., 6s, ’93..A&O
Pitts. Br., 1st M., 6s, ’96
J&J
Wil.& Weldon—8. F., 7s, g., ’96. J&J

Bid.

25
Camden & Atlantic
50 §20
32
do
Pref
50 §29
Canada Southern
100
53% 61
16
Catawissa
50 §14
Naugatuck
100
do
52% Nesquehoning Valley, leased, 10.50
54%
Old, pref
50 §52
do
51%
New Haven & Northampton... .100
New, pref
50 §50
20
30
Cedar Falls & Minnesota
100
2%
New Jersey Midland RR
4%
100
Cedar Rapids & Mo. and Ia. Ld.100 xllO
110% N. London Northern,leased,8.. 100
115
105‘*
do
New Mexico & So. Pacific
100 104
Pref., 7
100 112
90
95
Central of Georgia
N. Y. Central & Hudson Riv
100 130% 131%
100
22
Central Iowa
100
New York Elevated
112% 113
75% 75 %! New York & Harlem
180
Central of New Jersey
50
100
41
|
Central Ohio
50 §39
do
Pref.
50
51
do
50 §50
Pref
42% 42%
| N. Y. L. Erie & West
65
72% 72%'
Central Pacific...
do
Pref
100
*
65%
20
Charlotte Col. & Aug
New York & New England
49% 50
100
100
21
20
N. Y. N. Haven & Hartford ....100 160
Chesapeake & Ohio, common ..100
28%
do
1st pref ...100
N. Y. Ontario & Western pref
do
2d pref.... 100
do
do
common..
22%
29%=
52 34 53
5
6
New York & Oswego Midland. .100
Cheshire, pref
100
New York Providence & Bos... 100 1133%
Chicago & Alton
100 107% 110
do
North Pennsylvania
100 123
Pref., 7
50 §50% 51
100
Chicago Burlington & Quincy..100 123% 125% North Wisoou8in.
74
74% Northern Central
...50 §34% 34%
Chicago Clin. Dubuque & Minn.100
100
90
9o% 96
Northern New Hampshire
100
Chicago & East Illinois
28% 28%
Northern Pacilic, common .....100
Chicago Iowa & Nebraska
100 142% 143
52
773s 77%
do
52%
Pref
;...100
Chicago Milwaukee & St. Paul. 100
139
do
103% Norwich&Worcester,leased,10.100 138
Pref., 7.100

do
do
do

..

144
21
97

Railroad Stocks.

'

St.L.K.C. &N. (r.est.& R.),7s.M&fe

Various 7s
F&A
Various 4-5-6s
F&A
Warren (N.J.)—2d M., 7s, 1900.

150

Boston & Albany
100 xl43
20
Bost. Clint. Fitchb. & New Bed. 100
do
do
Pref 100 lx95
Bost. Con. & Montreal
100
85
do
'
Pref., 6... 100
97
Boston & Lowell
500
100 xl25
Boston & Maine
Boston & New York Air Line, pref.
Boston & Providence
100 x 134
Boston Revere Beach & Lynn.. 100
99%
90
Bulf. N. Y. & Erie, leased
100
66
Burlington C. Rapids & North.. 100

Burlington & Mo., in Neb

*

Ask.

......

105
100

lst,R.&L.G.D’d,’99.M&N
L’d 1st M,7s,g.,’80.J&J
Land 2d M., 7s, g., 1880
Leav. Br., 7s, ’96..M&N
Tnc.,No.ll, 7s, 1916.M&&
Inc.,No.l6,7s,1916.M&>

Bid.

Baltimore & Ohio (continued)--

74%
42
103
35

BONDS—Cost^iied.

of First Pa<ge of Quotations.

Railroad Stocks.

105
100

fVoL. XXX.

24

100
50

§69%

as*
112%
45
105

106

30
106

30%
112

120

120

148

J 49

82
65
114

117%
84

79%

*6% *7**
20

29
24

20%

23%

65
30

40

28%

67

48%
31
46

*31%

66

66
39
67

46%

125

13%

50 110

100

do
do
1st pref. 100
do
do
2d pref.. 100
162
United N. Jersey RR & C. Co.. 100 159
87%
67
Union Pacific
100
20
17
Vermont & Canada, leased
100
Vermont & Mass., leased, 6
100 xll9 119%
38% 38%
Wabash St. Louis & Pacific
100
67
67%
Pref. 100
do
f
do
Warren (N. J.), leased, 7...:
50 109
Westchester & Pliila., pref.......50
West Jersey
50 *30
9
7%
West. Maryland
82
78
Wichita & Southwestern.-.
100

Wilmingt’n & Weldon, leas’d, 7.100
W isconsin V alley
100

do
Pref.
Worcester & Nashua

purchaser also pays aoorued interest, 1 In London* H la Amsterdam.

...100

100

65
69

•

••*

# «

74

72
77

63%

63%

§ Quotation pezrafewe.

„

Mat 1,

THE

1880.]

QUOTATIONS OF STOCKS

GENERAL
For

CANAL BONDS.
(Jbesnp. &

Delaware—

1st mort., 6s, ’86 J&J
Chesapeake & Oliio—
6s,1870
Q.-J
Delaware Division-

92*2

110

109:

iOG^
108*2
11 278
112

78,M&S
James Riv. & Kan.—
reg.

GAS STOCKS.
Baltimore Gas....100
do
certs...

Consumers’ Gas, Balt.
Boston Gaslight...500
Fast Boston
25
South Boston
100

60
20

Lehigli Navigation-

Brookline, Mass... 100
Cambridge, Mass.. 100
111
Chelsea, Mass
100
Dorchester, Mass. .100
Jamaica Pl’n.MasslOO
103*8
106*2 Lawrence, Mass... 100
106

107*2 108

68, reg., 1884
Q-J
KR. 6s, reg., ’97.Q-F

Deh.6s, reg.,’77,J&D

Conv.6s,reg.,’82J&D

6s,g.,rg.,’9tM&S

6s,g.,cp.&rg..’97J&D

Lynn, Mass., G. L..100
101
107

100
106

3d mort., 6s
4th mort., 6s

100

105*2 Lowell

105

Cons.M.,1911 7sJ&D
Louisville & Portl.—

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

Salem, Mass.,

Morris-

100

25
Brooklyn, L. 1
Citizens’, Brooklyn.20

Boat l’n,reg.,’85A&0
New mort

Metropolitan, B’klyn.

George’s Cr’k C’l (Md.)
190
102*2 108
180

7*8
26*4

7

26*8
785
26
105

790

28
106
101*2 102
131*4
134
75
65
80
79
l-'O
118
130
128
155
150
76
75
100
95
117*2 118
100
i*30
125
73
70
70
60
60
55
45
40
72*2 77
21

PennsylvaniaNassau, Brooklyn /.25
81
80
68, uoup., 1910.. J&J
People’s, Brooklvn.10
Schuylkill Nav.—
1st M., 6s, 1897.Q-M 100*2 101*2 Williamsb’g, B’kfyn 50
Charlest’u,S.C.,Gas.25
79
78
2d M., 6s, 1907..J&J
Chicago G.& Coke. 100 1*6*6
Mort. 6s, cp.,’95 J&J
Cincinnati G. & Coke.
68, imp.,cp.,’80 M&N
30
Hartford, Ct., G. L..25
70
6s,bt&car,1913M&N
150
Hobok’n
20
85
Jersey
C.&
80
7s,l)t&car,1915M&N
People’s, Jersey C
Susquehanna—
113
Louisville G. L
55
50
6s, coup., 1918..J&J
Mobile Gas & Coke. 8
7s, coup., 1902..J&J
Union,1st 6s,’83.M&N

Central of N. Y
50
Harlem, N. Y
50
Manhattan, N. Y... 50

CANAL STOCKS.

Metropolitan, N.Y.100

Chesapeake & Del..50

79%

Lehigh Navigation..50

*^35*2

guar., 4
100
do pr., guar.l0..100

Moms,

39

37

35%
62

6%

§14

ItHSC9 LLANEO US
BONDS.
Amer’n SS.Co.fPhil.)—

6s, R. C., 1896.. A&O
Balt. Gas Light 6s..
Canton (Balt.)—
£6s. g., 1901. ..J&J
Mort. 6s,g.,1904 J&J
Un. RR.jlst, end.,6s.
do 2d,end. 6s,g.M&N
Consol. Coal—
1st M., 7s, 1885. J&J

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

102*2

102

102*2 105
111

110
110

111
115
110

110

102

con v.,6s,’97. J&J

MAN LFACT91NG
STOCK S.

Am.B.H.S.M.(Pa.)12*2
Amory (N. H.)
100
Amoskeag (N.H.) 1000
Androscog’n (Me.).100
Appleton (Mass.). 1000
Atlantic (Mass.)... 100
Bartlett (Mass.)... 100
Bates (Me),
100
Boott Cot. (Mass.) 1.000
Co.(Mass.)1000
Boston Belting.... 100

Boston

Cumberl’d&Pa.,lst,’91
111. & St. L. Bridge—
1st, 7s, g.. 1929.A&O |108

110
108

Bost. Duck (Mass.)700
Cambria Iron (Pa.). .50

32
155

114

75
200
198
140
132
180
170
85
80
108
105
76*2 78

68

102

.

Spring Vallejr—

Lancaster M.(N.H)400

W.W.,lsts,1906.M&S 101*8

Lawrence

Western Union Tel.—

7s, coup., 1900. M&N
7s reg., 1900.; M&N

117
117

118*2

.

104

Sterl’g 6s, 1900.M&S |102
raiSC’LLANEOLS
STOCKS.

.

Amer. Dist. Tel
25
Amer. Dist. Tel.(Balt.)

Atlan.&Pac. I'd.. 100
Boston Laud
10
Boston Water Power..
Brookline (Mass.)L’d5
Canton Co. (Balt.). 100
Cent. n.J. L’d Imp. 100
Oin. & Cov. B’dge pref.
Mutable Tr. (N.Y) 100

Loan
& Trust
farmers’
(*old & stock
Tel... .25
Bjuiisville Bridge.
McKay Sew’g Mach.10

Maverick Land.... 10

18
43

9*2
12%
4%
J

130
225

113*4
x36

3*4

Merc'ntiie Tr. (N Y) 100

Mtg.SecurJBost.)
v

v

n’rw

r^^ire Rand 25
ife&TrustCo. 100

107

7%

Lowell

365

COAL & MISCEL.
LINING STOCKS.

39% 40
116
114

American

Big

50

Coal.....25

Mountain Coal. 10

Buck Mount’n

Ask.

Hussey
Imperial
Independence

Coal.50

2*2
6%
2%

Pennsylvania Coal.50
Pilot Knob I.

(St.L)lOO

Quicksilver Min’g.100
do
pref
St. Nicholas Coal ...10
San Juan Sil. Min.100
9. Raph’l Sil.,Mob.lOO
do
pref. 100
Sbamokin Coal
25

Spring Mount. Coal.50

BOSTON MINING
STOCKS.
Allouez
25
Atlantio
25
Blue Hill 'Me.)
10
Brunsw’k Antimony.5
Calumet & Hecia...25

Catalpa Silver

10

Central

25

Copper Falls

50

25

Dana.

Franklin

5
20
25

800

1700
840
235
775

95

..

•85

Kings Mountain....

50

Kossuth
Lacrosse

60
20
19

•51

Lady Washington

2*70

Leadville
Leeds

100

Leopard

35

33

20

3% Leviathan
Little Chief

"6*4
’

8*80
21
75

10

Lucerne
Martin White

5" May Belle
McClinton

6

Memphis

20

Merrimac Silver
10
Mexican G. & Silv.100

1*10

Moose.
Mont Bross

35

Navajo
200
100

1-60

N. Y. & Colorado
North Standard
Northern Belle....100

215

Opliir Silver
100
Orig.Comst’k G& S100
Original Keystone.

15
69

11*2

2*2 Overman G. & S.. .100

1

11
13

9
10

2-20

Plumas
Phil. Sheridan

•29

Rappalianock
Raymond & Ely...100
Cl 05 4" St. Joseph Lead
10
Savage Gold& Silv.100

29

§68

•28

Seaton consol

Segregated Belch’rlOO

1*00

Shamrock
Sierra Nevada Silv.100
Silver City
100

16

17

19*4
8*2

19*2 Silver Cliff

4*50

Silver Hill
100
38
South Bodie
37
South Bulwer
236
235
2*8 Southern Star G&S100
2
South Bodie
39
38
12% 3outh Bulwer
12
75c. 85c. South Hite
10c. Standard
5c.
4*4 Tioga
4
3
2%
Tip Top
16*2 17*2 Trio
1% Tuscarora
1
50c. 75c. Utah
*
7*4 Union Consol
7

Manhattan

935
100
162
760

9*4
80
103
700
140
106
109
1200
275

106
1225
60
o50

Sullivan(Me.)Silver 10
Superior
..2r\
Wintbrop
*.25

9

Alpha Consol G&S.100
AmericauConsol
American Flag
Bechtel
Belcher Silver ....100
Bolvidere

Belle Tale
Bertha & Edith
Best & Belcher.... 100
Bobtail
Bodie

Buckeye

1710

Bullion
Bulwer

850
240

800

100

Calaveras
Caledonia B. IL

California
Calumet & Hecla
Cashier

lOu
100

i-oo
63
•40
*63
1*60
2*50

6-50
•22

4

BANK STOCKS.
Baltimore.
Bank of Baltimore 100

3*4
39% Bank of Commerce.25
10
Com. & Farmers’. .100
1*4 Farmers’ B’k of Md.30
30% Farmers’ & Merch. .40
Citizens’

6

6
75c.
17

Farmers’&Planters’25

10

11

First Nat. of Balt.. 100
Franklin
121!!
German American....
Howard
1

40c.

50c.

Marino

90o.

$1

2*4

People’s
25
Second National ..100
Third National.... 100

58
90

Boston.||
Black8tone

100
100
100

Blue Hill

100

Boston Nat

Atlantic
40

7-88

Great Eastern
Green Mountain
Hale & Norcross.

Hukill

t Tk9 purchaser r,lso pays accrued ini.

115
32

44

45

39

40
150

120
7

7*2

100

9*4

9

32
11*4

34

11*2

120

130

110

115

16
140
105
75

20
160
108
79

36

33*2

145*2 146

110*1

100

100
109

110

Boylston

100

101

Broadway

100

Brighton, (Nat.)...100

•75

Bunker Hill

100

Central

100

City

100
100

Columbian
Commerce

100

......

113*2 114
.

...

94
158
156
105*2 106
121
120
141
120

......

121

110*4
100 110 106
100 105*2
112*1
Eagle
100 112
115
Eliot
100 114%
Exchange
100 139 139*2
110
100 109
Everett
126
Faneuil Hall
100 125*2
First National
100 185
97
First Ward
100
98
Fourth National. .100
...

......

......

*14

100
100
Hamilton
100
Hide & Leather... 100
Howard
100
Manufacturers’., .100
Market
.100
Market(Brighton). 100
Massachusetts ;.. .250
Maverick
100
Globe....

•63
•84
•47

23
66

315

.100

*15*2 i6*‘
111
30

122

19-00 Freemans*

Gold Placer
Goodshaw
Gould & Curry S..100
Grant
100
Grand Prize
Granville Gold Co

130
17

110

82
2*40

126
15

121

Atlas

Dahlunega

Exchequer G. & S.100
Findley

75
20

Union
Western

300
2-95

100

30

Mechanics’
10
100
Merchants’
National Exch’ge. 100

Chollar-Potosi
100
Cleveland Gold
10
Consol. North Slope...
Consol. Pacific
Consol. Virginia.. .100
Confidence Silver. 100
Crown Point.
100
Eureka Consol

25

Chesapeake

21

2000

100

Yellow Jacket

Commonwealth
16-00 Continental

Chrysolite

Horn Silver
......

75c.
2

45

Henry Tuunel Co

55

50

CAL.& NEVADA
MINING STOCKS
(At iX, ¥. Board.)

825

102*2 103

§53*2

100

Kentuck

40c
International Silver20
50c
25
1%
Mesnard
25
2
Minnesota
25
3
National
25
33
§29%
..25 x39
119*2 Osceola
119
25
1890 1900 Petherick
20%
25
Pewabio
127
123
4
50
1090 1100 Phenix
1
25
Poutiac
144
143
30
30*2 32
Quincy
25
5*2
Ridge
25
170% 172
Rockland
25 62*2C.
X2000 2050
16
25
1360 Silver Islet
1340
2
Star
25
163
xl62
930

•40

100

27e Justice

35

Ask,

•45

Julia

Montank Gas Coal. 100
New Central Coal..
New Creek Coal. ...10
N.Y. & Middle Coal.25

Ontario Sil. Miu’g. 100
Penn. Anthracite Coal.

Bid.

Miscellaneous.

'

Lyman M. (Mass.). 100
Manchester (N.H.) 100 170
Mass. Cotton
1000 1175
Merrimack (Mass) 1000 1650
Middlesex (Mass.). 100 225
750
Nashua

Price nominal; no late transactions.



Mach.Shop.500

73

171
1185
1670
235
30
770
(N. H.)
500
43%
112*2 114
9% Naumkeag (Mass.) 100
80
76
12% N. E. Glass (Mass.)375 2315 2325
Pacific (Mass.)... 1000
o
80
Penn. Salt Mfg.Co..50
60
925“
915
40
Pepperell (Me.)
500 ■375
380
Salmon Falls(N.II.)300
34
30
9andw.Glass(Ma88.)80
1390
1375
Stark Mills (N.H.) 1000
L40
Tremont&S. (Mass) 100 139
150
1025
Tliorndike(Mass.) 1000 1000
114
21*2 25
Union Mfg.(Md.j
37
95
94
3% Washingt’n(Mass.)100
23
20
Weed Sew. M’e (Ct.)25
90
89
Willim’tic
Linen(Ct)25
108
1250
X1230
York Co. (Me.)
750
8

^•Dominion SS.Co.100

SfJ^^Ry.&N.Co.iOO
Pmw ^ul SS. Co.100
CarlOO
Pjillm
n Palaoe
pc.
Lours
Transfer Co

(Mass.)lOOO

Lowell (Mass)
690
Lowell Bleachery.200

Marip’sa L.&M.CallOO
do
pref. 100
Marylan d Coal.... 100

Douglas (Me.)
Duncan Silver

-34*2

§95
161
Chicopee (Mass.) ..100
82
+78
Cocheco (N.H.)
500 750
8%
3d, 7s, g., 1886.M&S
Collins Co. (Conn.).. 10
78
98
Tun’l RR.,lst,£,9s,g. *93
Continental (Me.). 100
101
Mariposa Gold L.&M.Dougl’s Axe (Mass) 100 690
Cons. M.f 7s, ’86.J&J
Dwight (Mass.). ..500
93% 93% Everett (Mass.)... 100 139
0reg.R.&M.lat,68,J&J
Pullm’n Palace Car—
Franklin (Mo.)
100 105*2
105
104
2d series, 8s,’81M&N 103
Great Falls (N. H.)100
110
3d series, 8s,’87F&A 106
Hamilton (Mass.) 1000 1195
112*4 Hartf. Carpet (Ct.)lOO 270
4th do
8S/92F&A 112
I>eb’nt’re,78,’88A&0 104% 105
Hill (Me)
100 104*2
240
Stlg, 7s,g..1885 A&O
Holyoke W. Power.100
Rutland Marble—
Jackson (N. HJ..1000 1205
57%
7s gM 1898
M&S
Kearsarge
100
105*4 Laconia (Me)
Bt.Cbarles Bridge, 7s
400 535
Reconstruc. certfs...
2d M.,7s,g.,1901 J&J

Homestake Min’g.100
Leadville Mining...10
La Platta M’g&S.Co.lO
Little PiDsb’g Con. 100
50
Locust Mt. Coal

Stand’d Cons. G.M.100
Westmoreland Coal.50
167*2 Wilkesb. Coal & I.. 100

Washington, Phila..20 §*....
71
Portland, Me., G. L.50
50 2L7
7% 3t. Louis G. L
92*2
14*4 Laclede, St. Louis. 100
11
Carondelet
50
San Francisco G. L..

*

Pennsylvania
50
Schuylkill Nav
50
do
do pref.50
50
Susquehanna

1st,

100

Municipal

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

Bid.

Miscellaneous.

§$2%

People’s G.L.ol'Balt.25

1st mort., 6s...M&N
2d mort., 6s.. .M&N

do

DO

Ask.

Page of Quotations*

25
2% Butler Coal
..10
150*2 Cameron Coal
Caribou Con. Min’g.lO
Ceut.Arizona Min.100
10
106% Climax Mining
West. Union Tei...l00 106
Clinton Coal & Iron.10
EXPRESS ST’CKS
Colorado Coal & T.100
Adams
100 111% 113
Consol.Coal of Md. 100
59
58
American
100
Cumberl’d Coal&I. 100
48
47%
United States
100
Deadwood Mining
Wells Fargo
Excels’r W.&M.f o.l 00
100 106*2

Sutro Tunnel
10
Union Trust
^.100
100
U. S. Trust Co
U. S. Mort.Co.(NYil00

*103

68, 1878
J&J
Delaware & Hudson—
7s, 1891
J&J
1st ext., 1891..M&N
7s, 1884
J&J
Coup. 7s. 1894. A&O
Keg. 7s, 1894 ..A&O
1st Pa.D.cp.,7s,M&8
do

81

82

AND BONDS—Continued.

at Head of First

Bid.

Miscellaneous.

Ask.

Bid.

Canal Stocks.

Explanations See Notes

461

CHRONICLE.

Mechanics’ (So.B.)lOO
Merchandise
100
Merchants’
100

18-38 Metropolitan
2-10 I Monument

100

116
107
121
119
114% 115
116
114
101% 102
105
104
155
154
114
113
201
200

114
106

112
105
140

105%
141

110*2 111

100 161

1 164

-

In London.^

Quotation per share. U Shares doubled.

U AUex«diT

GENERAL
For
Bid.

Bank Stocks.

Mfc. Vernon
New England

100

North
North America
OldBoston
Pacific

100
100
50
100

People’s

100

Redemption

100

100

100
142

100
100
100

Revere
Rockland
Second Nat

Hamilton

116

100

12212

100
100
100
100

110

1104

Washington

100

Webster

100

Brooklyn.
Atlantic (State)...

Brooklyn
First National

11812

10212 103
12012 121
144
132

City National

145

Manufacturers’.
Mechanics’
Nassau

..

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

People’s National. 100
8. C. Loan & Tr. Co. 100

Chicago.

130
120
203

140
125
100
250

98
96
180

100
100

160

130

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

140
210
100
75
200
117

Citizens’ S. A L
500
Commercial Nat. .100
First Nat
100
Merchants’ Nat... 100
National City
100
Ohio Nat
100
Second Nat
100

Hartford.
jEtnaNat
100
American Nat
50
Charter Oak Nat.. 100
City Nat
100
Connecticut River. .50
Far. * Mech. Nat. 100
First Nat
100
Hartford Nat
100
Mercantile Nat... .100
National Exchange.50
Phoenix Nat
100
State
100

674

100

New Orleans.
Canal A Banking. .100
Citizens’
100
Germania Nat
100
Hibernia Nat
100
Louisiana Nat..
100
..

People’s

50

State Nat.....
Union Nat

100
0.00

New York.
America
100

American Exch’gelOO
Bank.* Br’kers A. 100

144
144
110
142

146
146
111
144

First Nat
100
Merchants’ Nat.. .100
Nat. Bk of VirginialOO
Planters’ Nat
100
704
State Bank of Va.100

120

230

Citizens’
Commerce
Continental
Com Exchange
East River

...

160

:95

25
100

Eleventh Ward
First National

118

Fourth National... 100
Fulton

30

JlOOx

Fifth Avenue
100 275
Gallatin National ..50 J140
German American. .75
Germania
100
Greenwich
25
Grocers’
30
Hanover
,.100

195
140
100
113
145
129
200

200

115
150

125
210

400
120
160
120
125

Bank of KentuckylOO
Bank of LouisvillelOO
Citizens’ National. 100

100

Commercial of Ky 100
Falls City Tobacco 100

Farmersrof Ky ...100

90

122
130
100

122

125

130
66
130
95
35
120
114
160
134
70
160

132
68
132

112

131
83
110
113
9

89

...

100 127
103
101

West.Finan.Corp.. 100
Mobile.
Bank of Mobile
25
First Nat
100
Nat. Commercial.. 100

100
40

116
165
136

85

122

People’s.

25

Phenix

20

100
101
120

Republic

100

B’k of N. America. 100
Central National.. 100

City National

130
104
103

110

93
145

Baltimore.
Associate Firemen's.5
Baltimore Fire Ins. 10

Firemen’s Insur’ce. 18
Howard Fire
5
Maryland Fire
10
Merchants’ Mutual.50
National Fire
10

95

n

74
5

4
50

60

114

13

Boston.
Alliance
100
American F. & M. .100 142
Boston
100 115

Boylston
100 120
Commonwealth. ..100
89
Dwelling House...100 112
Eliot
Faneuil Hall

100

100
100
100
Manufacturers’. ..100
Mass. Mutual
100

Mechanics’ MutuallOO
Mercantile F. A M.100
Neptune F. A M.. .100
North American ..100
Prescott..
100
Revere
100

Shawmut

100

135
60
158

120
112
80
141
120

i*15
115
65
78
127

100 xl37

50

Manufacturers’ Nat.25

57
90
135

"75*

100
100
100
50

Sixth Nat
British N. America...
103
1034 Southwark Nat.
Commerce
50 1194 120
Spring Garden.... 100
Dominion
50 120
1224 2 2d Ward.
50
Du Peuple
72
50
75
Third Nat
100
Eastern Townships.50
994 100
Union Nat..
50
40
Exchange
100
474 Western Nat..
50
Federal
100 1064 108 I West Philadelphia. 100

Guardian

Price nominal; no late transactions.

58
85

50
25
Lancashire F. A L. .25
London Ass.Corp.124
Liv. * Lond. &Globe20
North’nFire A Life ..5
North Brit. A Mer. 64
Queen Fire A Life.. .1
Royal Insurance
3

Imperial Fire.

90

.

80

125

102

115
140
137

140

112
250

65

75
135

133

25

55

65

Importers’ <fc Trad. .50
Irving
100

95

100

60
130

70

Hope

90

50 100

Howard

30

40

50[

170
50
117

102

70
135

100
150
160
75

120
112
150
100
155
110
140
100

200
109
180
105

(B’klyn)....50

50,
100
100

160

Star

52
50 125
100 102

Sterling
Stuyvesant

100
25

Standard

75
112

122
106
95
136
80
140
106

160
165
85
130

160*
109
65
165
145 *
110
114
112

130
85
75
165

83
130
105
80

25 100
25 120
10 100

105
127
110

Williamsburg City. .50, 200

210

American Fire ... .100
Fire Association—50

Franklin Fire
100
Delaware Mutual.. .25
Ins. Co. of N. Am’ca 10
Ins. Co. State of Pa 200

241
40

Pennsylvania Fire 100
50

132

Lumbermen’s

250

162

320

529
40

50

334

33%

36
122

37
126

284

127
242

Richmond.

65

25

23

244
•

mmmrn

99

204

67

69
154
S
7%
60
62

152

25
....25

....

17

174

42
49

53
50

3*8
24%

254

St. Louis.
American Central..25

Citizen a’

3<fe J^ff«r«on

Mobile.
Citizens’ Mutual... 100
Factors’* Trad’s’ Mut.
Mobile Fire Dep’t..25
Mobile Mutual
70
Planters’ * Merch.Mut
Stonewall
Waak’ton Fire * M. .50

100

107

78

194

123

Philadelphia.^

80

130

.Etna Fire
100 239
Atlas Insurance... 100
35
Connecticut
100 130
Hartford
100 248
National
100 160
Orient
100 125
Phcenix
100 238
Steam Boiler
40
60

London.
Comraero’l Union ..£5

120

76

25

175
95
102
117
95

102

130

Tradesmen’s
United States
Westchester

101

105

165

St. Nicholas

100

55

130
160

'

70

Second Nat
Seventh Nat

50

Republic
Rutgers’

Hartford* Conn.

95

190

30

Frank.& Emp’ium
German-American 100
50
Germania
Globe
50
25
Greenwich
Guardian
100
Hamilton
15
Hanover
50
Hoffman
50
Home
100

Phenix
Relief

115
100'

54

40
100

.....

60
28

100
Philadelphia Nat.. 100

85
140
110
95
110
130
100
95
140
105
125
70

984
334

Eagle
Empire City
Exchange
Farragut

100
Lamar....
25
1204 Lenox
90
Long Isl’d (B’klyn). 50,
115
Lorillard
25
138
Manuf. * Builders’100
65
Manhattan
100
163
Mech. A Traders’.. .25
80
Mechanics’ (B’klyn) 50
123
Mercantile
50
115
Merchants’
50
85
Montauk (B’klyn).. 50
143
Nassau (B’klyn)....50
123
National
374
New York City
117
N. Y. Equitable
35
120
New York Fire ...100
66
Niagara
50
80
North River
25
130
*...25
Pacific
Park
100
140
Peter Cooper
20
80

92

974
324

140
90
115

70

Lafayette (B’klyn) .50

135

57

100 130
30
50 110
100 175

People’s
76
130

53
40
91

Clinton
Columbia
Commercial
Continental

20

Kings Co. (B’klyn) .20

20

Western...

Mechanics’ Nat....100 1024
Nat. B’k Commerce.50
55
Nat.B’k Germant’n.50
Nat.B’kN. Liberties 50 125
Nat. B’k Republic.. 100
National Security. 100
Penn National.
50

100
20

Washington

31

132
76

25
20
25

Eureka:
20
Firemen’s
20
Germania
.20
Globe
20
1174 Merchants'* Manuf 20
110
Miami Valley
50
National
100
Union
20

65
60
56

Cincinnati
Citizens’..
Commercial

Eagle
Enterprise

260
200

Eighth Nat

Kensington Nat

150

Cincinnati.
Amazon(neW stock) 20

94%
274

210
190
198

25
17

Knickerbocker
145
120

27

200
175
190
118

—25

Bowery
Broadway
Brooklyn

17
Firemen’s Trust—10

7

53
82

140

Firemen’s

27
35

784

130
98
180

City

6

94

1024

Citizens’

26
334

92

1094 1104

Teutonia

85

934
99%

Ask.

Sun Mutual

974
.

Bid.

20
103

People’s

Jefferson

W as king ton

105

Merchants’ Mutual...
Mechanics’ A Traders’
New Orleans Ins. Ass’n
New Orleans Ins. Co

New York.
American
50
American Exch... 100

INSUR’CE
;stocks.

8hoe A Leather. ..100
Suffolk Mutual... .100

People's

100

320
165
80
225
90
80
7

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

N.Engl’d Mufc.F&MlOO

50

Commercial Nat
50
Commonwealth Nat 50
Consolidation Nat..30
Com Exchange Nat.50
First Nat
100
Farmers’&Mech.N.lOO
Girard National... .40

111
99
12

100

Anglo-Califomia

Firemen’s
Franklin

100
130

Philadelphia^

i*06 *

96
114
97

....

111

90

150

.

Second National..100
3eventh Ward
100
3hoe & Leather.... 100 ;130
114
St. Nicholas.
100 108
State of N. Y
100
40
1324 Tradesmen’s
85
Union
50 143

100
25
120
90

50

Leather Manuf ts.. 100 ii.35
Manhattan
50
Manuf. A Merch’ts.20
Marine
100 J115
Market...
100 121
25 144
Mechanics’
73
Mechanics’ B. Ass’n50
96
Mechanics’ A Tr.. .25
Mercantile
100
50 1314
Merchants’.
Merchants’ Exch’ge50 100
100 149
Metropolitan
Nassau
100 J90
New York
100 +138
N. Y. Nat. Exch’gelOO
New York County. 100
Ninth National... .100 110
North America
70 ♦100
North River
50
Oriental
25
Pacific
50
Park
100 1244

71

90

Farmers’ A Drov..l00
98
First Nat
100 106
German Ins. Co.’s. 100
German
100 100
German National. 100 118
Kentucky Nat
100 132
Louisv. Banking Co.40 165
Masonic
100 106
Merchants’ Nat. ..100 110
Northern of Ky
97
100
People’s
100
Second Nat
100 1051*
100
100

414
125

Irving

934

99
99

FIRE

100
25

120

Pacific...,
Wells, Fargo A Co..

143

New Orleans.
Crescent Mutual.
Factors’ and Traders’.
Firemen’s
Germania
Hibernia
Home

Lafayette

Nat. Gold Bank* Tr. Co

25 :ioo
100 140
100 110

Insurance Stocks.

Hope
21%

Grangers’ B’k of C.100
Merchants’ Exch. .100

100 J200

City

Casco Nat
First Nat

San Francisco.

140
116

118

90

100
100
964 Merchants’ Nat
75
85
National Traders’. 100

72

St. Louis.
B’k of Commerce. .100
106
Commercial
100
52
55
100
97
1004 Continental
Fourth National ..100
944 97
International
100
100
Mechanics’
100
95
100
Merchants’, Old
100
103
Merchants’ Nat.. .100
109
111
8t. Louis National.100
47
Third National.... 100
106
Valley National... 100
86

Central National.. 100

165

152

25 J225

Broadway

56

100

994 Canal Nat

70
824 83
125
130

Chase National... .100 1314
25 U10
Chatham
Chemical
100 J1700

185

Louisville.

*

50

Ask.

55
151

1354 136
Richmond, Va,
804 80%
25
804 804 City Bank

140

Cleveland.

Montreal.

100

80

Bid.

Bank Stocks.

Portland* Me.
Cumberland Nat.. .40

Importers’ & Tr... 100 :235

First National
Fourth National
German Banking Co..
Merchants’ National..
Nat. Laf. & Bk. of Com.
Second National
Third National

Third National
Western...:

100

95%

170

Cincinnati.

Security

98%
704

110

95
85
40

155

1014

Butchers’* Drovers25

185

60

Commercial Nat... 100
Corn Exch. Nat.. .100

City Nat

100

Mutual Nat
100
New Orleans Nat..100

Commercial

Long Island

Quebec

Ask.

100

1321^
Metr opolitan
10512 106

90
240

Fulton

100
50
200
50
40

Toronto
Union
Ville Marie

Third Nat
Traders’
Tremont
Union

121ia
1154

100

Mantime
Merchants’
Molsons
Montreal
Nationale
Ontario
Standard

Suffolk

100

100
Shawmut
Shoe A Leather... .100
8tate
100

Bid.

Hoclielaga
100
Imperial.
100
Jacques Cartier... 100

14*9ia
182
123
116
119
123

Security

QUOTATIONS OF STOCKS AND BONDS—Concluded.
Bank Stocks.

143
12612 127
111
11112
61
60
112
113
156
157
133
132

114
120
149
178

[VOL. XXX.

Explanations See Notes at Head of First Page of Quotations.

Ask.

100 12512 126

Republic




CHRONICLE

THE

462

324
264
324

35

34*

32

100 102
....100

MtirinA

100

103

San Francisco.

60
75
15
50
35
75
40

l Last price this month preceding April 29.

65
16

riftlifftmla
100
Commercial
100
Firemen’s Fund... 100

40
80

Home Mutual
State Investment. 100
Union
.100

45

Western...........

55

....

$ Quotation per sham.

....

1880. J

Mat 1,

;463

/

CHRONICLE.

THE

The

freight earnings show a decrease of $44,716.
in crude oil freights, 682,164 barrels. .$205,010
in refined oil freights, 182,483 barrels. 11,156

$216,167

$83,545
29,777
58,127

171,450

Decrease
Decrease
AND
Increase
Increase
Increase

AND CORPORATION FINANCES.
THE INVESTORS* SUPPLEMENT.
The Investors* Supplement is issued every other
STATE, EIT?

month, and

the

Total decrease

$44,716

lumber and
loss of the

steadily increasing development of coal,
furnace-material traffic is gradually overcoming the
crude oil trade, which has, to a great extent, been

published Saturday, June 26.
ANNUAL REPORTS.

next number

in coal freights
in lumber freights
in miscellaneous freight

The

will be

transferred
of $89,473, which is
Grand Rapids & Indiana Railroad.
owing wholly to the loss of travel to and from the Parker oil
(For the year ending December 31 st, 1879.)
distnct, in consequence of the continued developments in the
The annual report states that the mileage operated is 460*5 Bradford region.
The expenses of conducting the business of the company for
miles, having been increased 11*5 miles by the lease of the
the
period were as follows :
Allegan & Southeastern Road.
The following is a statement of earnings, expenses and net
•9,288
$288,913
$279,624
14,385
235,574
221,189
earnings on main line, 332 miles, Fort Wayne to Petoskey:
90,003
105,872
northern or Bradford region.
The passenger earnings show a decrease

to the

same

Decrease.

1878.

1879.

.

.

EARNINGS.

Freight
Passengers

Express
Mails

,

Hire of cars

Telegraph
Interest and

rentals.

_

Miscellaneous

EXPENSES.

Conducting

1879.

$699,557
425,882
17,238
17,142
12,685
7,820
15,589
4,712

$795,058
467,829
15,578
19,511
14,051
10,463
15,839
6,798

$1,200,629

Total
;

1878.

1878.

$225,665
187,886
419,664
67,740
57,213
$958,170
79*81
$242,458

transportation

Motive power
Maintenance of way
Maintenance of cars
General expenses

$1,345,134

Increase in

of gross earnings
Net earnings

earnings

increasedFUNDED
$190,187,
which is 78*4 per
AND FLOATING DEBT.

1879.

212,496
290,694
94,299

71,066

cent.

had been issued a total of $987,-

account

*

current account..
Co
Co

matured and not presented.

By coupons

information

River division
Low Grade division..

Bligo branch

j

!

INCOME

1

From freight
From passengers
From express
From mail
From rents
From miscellaneous

Total




Scott & Gulf.

ending December

$332,811

the $4,000,000 -

280,000
$52,811

has been
of the road is given
the present
has had but
April 1,1879. The
nine months of
required for payment of
amount has been
the terms of the
advanced to them from the land
receipts of 1880 to enable them to make their first advertise¬
ment for the purchase of bonds under the sinking fund pro¬
vision of the mortgage. As to the bonds and stock of other
corporations owned by this company, the market value of these
securities, January 1, 1880, is conservatively estimated as at
least $400,000, although they appear on the books of the
company at the low valuation of $240,005.
These securities are not covered by the mortgage, and the
intention of the board is to reserve them as a fund to provide
for
equipment needed for the road, and for any other
together with

other cash assets,

$11,092,085
136,015
21,811
176,947
2,431
60,008
1,644,386

any new

special expenditure. The estimated cost of
ment in 1880 for the increasing business of

additional
equip¬
the road, as men¬

managers report, is $200,000, and by
sale of the above-mentioned securities
to this ana kindred purposes, the entire net earnings of the road
should be left free for division among its stockholders. During
the past year 13 3-10 additional miles of steel track were laid.
Eighteen more miles, contracted for last October, will be laid
in 1880.
There have been added to the company’s equipment
160 coal cars, two switching* engines and one freight engine.
During the whole of 1879 the land commissioner sola 36,406
acres of land for $160,733, being an average of $4 40 per acre.
Eighty-four town lots were sola for $5,791. The cash receipts
of the land department for twelve months, on sales of lands,

tioned in the

general

applying proceeds of the

$2,800,000
8,000,000
37,925
93,101
336,839
137,502 town lots, contracts, royalties, taxes from delinquents, and
1,724,668
3,648 lecember
orders,soldwere32,759
on31county
there were
$164,119.
acres of From
land for $139,678
$13,133,686 Erofits
town lots for

April 1 to

$4,676.

BALANCE SHEET,

DECEMBER

31, 1879.

Credit.

6,086

def. 596

$983,481

$761,835

5,490

1879.
$1,300,666

393,021
17,053
21,014
6,798
6,762

$1,745,316

April 13th.

By common stock
By contracts for preferred stock
By first mortgage 7 per cent
By accrued Interest on $4,000,000

Net

505,252

$1,745,316
The earnings of the company for
those of 1878 as follows:—
-

City Fort

$4,000,000
2,750,000
Scott, President, contained the
bonds
4,000,000
bonds from Dec. 1,1879.
23,333
By bills payable
173,000
ACCOUNT.
By coupons due and not presented
9,481
earnings. By income land account, for investment in bonds of this
Expenses.
Earnings.
$526,722
$707,851
company
33,545
$1,234,573
235,709
269,543
$10,989,360

Total

^

$15,868.
$761,835
915,726
$153,890

of net revenue for the year of

GENERAL

The annual meeting was held
The annual report of Mr. John

following

in 1879 over 1878,

56,053

and sixty- four

ending Dec. 31, 1879.)
at Pittsburg on

$11,014

absorbed by payment for new equipment.
The report of twelve months’ business
for convenience in making comparison. In reality,
Kansas City Fort Scott & Gulf Railroad Company
a nine-months’ existence, commencing with
net revenue of the land department during the
1879 was $33,545, and, as none of it was
interest on the first mortgage bonds, this
turned over to the trustees m conformity with
mortgage, and enough cash

Allegheny Talley.
(For the year

$994,495

report of the company

Leaving a surplus
This surplus,

$13,133,686
By capital stock
By funded debt
By amount due other companies in
By accounts payable
By bills payable held by Pennsylvania
By coupons held by Pennsylvania Co
By coupons held by Pennsylvania RR.

$983,481

7 per cent upon
first mortgage bonds of the company is

1st, 1879.**

31, 1879.
to Dec. 31,1879
companies in current account
agents and conductors

1,716

The net earnings were
The annual interest charge of

information as to the land
“land sales have been very
good, although not so large as in 1878. We have sold 30,922
acres, including- ‘ lands in common,* for $359,007.
We sold
$14,181 acres farming lands to 278 purchasers for actual settle¬
ment ; average 51 acres to each. Average price per acre of the
total sales to date has been $13 95 an increase in average of
ACCOUNT, DEC.

$25,165

70,709

cent

$125,054.
The report gives very little
department ana merely says the

GENERAL

$923,786

68,992

31, 1879.)
has the following:
The gross earnings were
$895,864
The operating expenses (including taxes) were 62 85-100 per

Road, and the total

To cost of road, equipment, etc.,
To amount due by other
To amount due by
To amount of cash on hand
To bills receivable
To stock of supplies on hand
To loss as shown by income

$914,488

v.

(For the year

The annual

$85,006, against $299,520 for 1878.
There was paid the entire interest on the unguaranteed and
$70,000 on account of that on the guaranteed bonds during the
year. Net decrease of floating liabilities was $41,080; floating
assets have increased $83,973, making a total improvement of

$1 62 since January

1878

Kansas

same amount of first mortgage
which $192,000 were exchanged during
would have beeD larger had it been
possible to purchase more bonds within the prescribed rates,
par and interest. The loss in operation during the year has
been $58,685. Add to this $26,320 for liability on account of

& Fort Wayne

1,492

maintenance of cars
for 1879 were
for 1878 were

Decrease from

$243,932

At the end of the year there
000 of incomes in exchange for
seven per cent bonds, of
the year. This amount

Cincinnati Richmond
deficiency has been

309,294

The net earnings
The net earnings

$912,488
67*84
$432,645
The gross earnings for the year have increased $144,506, or
12 per cent. Expenses decreased $45,682, or 4*76 per cent. Net
Total

Per cent

307,802

Debit.

459

To construction account, 1,599
To equipment
To material on hand
To cash in bands of cashier
To stook of the Kansas City
To cash in hands of treasurer
To bills receivable, Boston

553

To

the year i879 compare with
1878.

$1,345,383
#

482,494
17,512

21,568

Decrease.

$44,716
89,473
4,741

11,540
31,722

24,959

$1,910,222

$164,905

miles of road,

&c

Union Depot Company

bonds and stocks

of other corporations

To miscellaneous balances..
To income account

$9,976,312
401,706
49,329
39,601
3,409
5,260
JL3.20T
240,005
155,116

5,321

$10,989,360

■

464

THE CHRONICLE.

[Vol. XXX.

Great Western of Canada.

unascertained, yet to be deducted, and it cannot be assumed
that the Receiver has done more than
(For the half-year ending Jan. 31,1880.)
pay his way. But the
The report states that the revenue of the half-year
property has, in the meantime, been very much improved.” * *
compares
All matters in dispute with the trustees of the
-with that of the corresponding period of Jan, 31, 1879, as fol¬
Cairo Trust
lows :
Property have been happily adjusted by an issue of Receiver’s
certificates for $15,000.
This arrangement will relieve the
1879.
1880.
Gross receipts, including the Galt & Guelph (now
undertaking
from
many of its difficulties as to access into the
incorporated with the main line and branches). £393,400
£461,140 city of Cairo, which has heretofore been more or
less inter¬
Working expenses, including credits to reserve
funds
260 322
281,952 rupted at certain seasons by overflow. The six locomotives
leased from Baldwin Locomotive Works have been
purchased
£133,078
£179,188 for $21,000.
To pay the cost and for interest and rental due
Boss on working leased lines, interest on bonds,
from the Receiver, certificates for $25,197 were issued.
It is a
104,626
99,977
matter for congratulation that this trade was closed before
the
recent large advance in prices.
£79,211
£28,452
The cars leased from the late
Balance from previous half-year.
747
6,260 Mr. B.
Bewail, of Boston, were purchased from him just before
his death, for $19,000, and certificates for
£29,199
$20,486 were issued
£72,951
to pay the cost thereof, and interest and rental due
The net result of the half-year’s working is an
from the
improvement Receiver.” * * ‘‘In addition to
the foregoing the Receiver
over the corresponding
half-year of 1879 of £50,759. From the has
purchased new equipment up to the present date to the
available surplus of £72,950 the directors recommend the
pay¬
ment of dividend on the five per cent preference stock for the extent of 8 locomotives, 34 flat cars (8 wheels), 84 coal cars (8
entire year to January 31, 1880, amounting to £25,287, and a wheels), 100 coal cars (8 wheels) and 2 coal cars (4 wheels', in
dividend on the ordinary shares for the half-year at the rate of order to accommodate growing traffic and to meet the demands
the contract with the Carbondale Coal & Coke
l/£ per cent per annum, which will absorb £45,876, leaving a of
Company.”
*
*
The Receiver regrets to report that the suits for
balance to be carried forward of £1,786. A comparison of the
gross earnings on the main line and branches (^including the recovery of local aid bonds have resulted adversely to the
company. It is to be feared that nothing is to be hoped for
Galt & Guelph) shows the following results :
“

,

5781

Increase
Increase
Increase
Increase
Increase
Increase

in
in
in
in
in

local passenger earnings
through passenger earnings

.

6,144

local

freight earnings
local live-stock earnings
through freight earnings
in mails, express freight and sundries

Decrease in

£4,548

.

from this

source.

12 MONTHS ENDING DECEMBER 31ST, 1879.
Debtor.
expenses—
*•
transportation, passenger
$11,8.31

REVENUE ACCOUNT FOR

23,873

'

505

33,950
' 2,470
£71,492

through live-stock earnings.

3,753
£67,739

Operating
Conducting
Conducting transportation, freight

Motive power
Maintenance of way
Maintenance of cars
General expenses

30,099

52,088

'

94,214

.'

13,539
20,179

The total tonnage carried during the half-year was
Total ordinary expenses
1,041,532,
$221,941
net earnings
against 813,954, an increase of 28 per cent; in consequence, Balance,
$48,917
To extraordinary expenses and other expenditures for 1879—
however, of the extreme low rates current in the early part of
Extraordinary expenses
I
$8,857
the half-year, the average rate received for
through freight Construction and equipment
8,430
Taxes
business has not been quite so favorable as in the
6,253
corresponding Payments on account of Cairo & St. Louis RR.
Co.,
period of 1879. While the gross earnings have increased by
largely for legal expenses for cases occurring prior
£67,739, the working expenses show an excess of only £21,630
to appointment of Receiver
8,013— $31,554
over the corresponding period of the
previous year. "The per¬ To balance revenue account
17,362
centage of working expenses to gross receipts amounts to 61*14
$48,917
per cent, as compared with 66*17 per cent, or, excluding trans¬
Creditor.
fers to reserve funds in both half-years, the comparison is 61*21
Earnings for 1879".
per cent, against 64*88. The earnings and working exj enses Passenger
$65,352
148,276
per train mile for the last six corresponding half-years compare Freight
Coal
40,797
•

as

follows:

Express

Earnings
per train

mile.
e.
d.

Half-years ended Jan. 31 —

/—Work in g<
Per train
mile.

6 8*4
5 7
4 9
5 2^2
4 11H
III4
5 512

„

d.
4 11 s4
3 llkj
s.

3, 8*2
3 312
3 2i2
3

4

4,066
7,977

Mail
Per cent
of gross

receipts.
74-38
70-99
78-11
63-19
64-88
612L

Miscellaneous
Total

:

4,388

earnings.

.$270,858

Housatonic.

(For the year ending Sept. 39, 1879.)
only recently published, gives the follow¬
The general account is condensed as follows :

The annual report,

charges to capital account for the half-year amount to ing.
stock old
£16,001. Five per cent perpetual debenture stock has been Common
Preferred stock
placed to the extent of £10,000, leaving on January 31 a balance Bonds
The

at

the

debit

of

capital account

of

£7,932 6s. lOd. Ex¬
cluding
the Galt & Guelph (the receipts and expenses
of which are incorporated with those of the main line
and branches in the half-year to Jan.
31, 1880), the
loss on working the leased lines amounts
In
the halfyear to £11,831, against £15,462, showing an improvement
of £3,630. The working of the Detroit Grand Haven & Mil¬
waukee Railway Company has been
satisfactory. From Nov.
15, 1878, when the interest on the bonds of the Detroit Grand
Haven & Milwaukee Company commenced, to December
31,
1879, a period of thirteen and a half months, the revenue, after
providing for interest on all of the bonds guaranteed by this
company, and funds for renewal of permanent way and rollingstock, exhibits a surplus of $50,557. This amount, from which
a dividend will be
payable in respect of the share capital held
by this company, is not available for the past half-year.
Milwaukee Lake Shore & Western.
(Far the year ending December 31, 1879.)
This company was organized in 1875
by the bondholders, who
bought the road at foreclosure sale. 1
From a summary of the years’ operations
recently published,
we have the
following:
1879.

Gross earnings

.Expenses

1

$315,942
187,983

1878.

$250,130
■197,797

Net earnings
$127,959
$52,333
The net earnings were enough to pay interest on the bonded
debt of $1,845,000, and leave a moderate surplus. A further
extension is in progress towards Colby on the Wisconsin Central.

Cairo & St. Louis.

(For the

year

ending December 3\st, 1879.)
Smithers, the Receiver, supplies the

The report of Mr. H. W.

following
“The

:

operation of the road during the past year produced a
net revenue of $17,362, and, after
deducting the deficit of the
preceding
year, the profit of the receivership has been—from
its commencement until tlie 31st
December, 1879—$4,373. From
this,however, there are probably some further charges, at present




$820,000
1,180,000
550,000
148,050
79,988

Bills payable
'
Accounts and balances and October expenses
Profit and loss
.'

172,143

r

-

Total
Road and property

$2,798,401

.

Stockbridge & Pittsfield Co

$2,950,182

5,992
53,128
92,659

Materials
Cash and receivables

$2,950,182
The

earnings and

expenses were as

Passage
Freight and milk
Mail, express, &o

.'

Total

Expenses...
Net

earnings

The income account
Net earnings
State tax, &c
Rents of leased lines
Interest on bonds
Other interest, &c

was as

follows:
1878-79.

1877-78..

$177,543
397,681
24,435

$175,017
370,421
24,974

$599,660
349,815

$570,413

$249,844

$219,941

350,472

follows:
1

$10,10879,564
35,500

1

12,384—137,557

Balance
Dividends on preferred stock, 8 per cent

$112,287

94,400

Surplus
Balance at credit of profit and loss, Sept. 30,1878
Balance at credit,

$249,844

Sept. 30, 1879

Boston Water Power

$17,887
154,256

$172,143

Company.

(For the year ending December 31, 1879.)
The annual meeting of the stockholders of the Boston Water
Power Company was held in Boston, President Braman in the
chair. The Treasurer’s report said : No better
security for
payment of Jhe bonds could be desired than the lands on the
Back Bay, which are worth twice the amount of the company’s
bonded debt and interest, and are constantly increasing in value
and demand. One parcel of land in the full basin has been
sold for $250 per foot, or $400,000. Larger sales on the westerly
side are under consideration. The report says that the trustees
do not wish to sacrifice any of the property, but suggest that

n

Mat 1,

1880. J

465

THE CHRONICLE,

(

the ordinary stock. In addition to
the
Cleveland & Mahoning Road after the termination of the lease.
The revenue of the company is secure beyond the possibility
of failure. It is a rent-charge upon the best-paying portion of
the Atlantic & Great Western system, and it is a charge which
comes before the prior lien bonds, which are now about par.
At the present time the ordinary shares, carrying a dividend,
secured on a rent-charge, of 2j£ per cent, with a certainty of
increasing to 4 per cent in 1885, can now be purchased at 48.
Persons who are in search of a really well-secured and pro¬
dividend-paying investment would probably find it in
gressive
the* trustees accomplished a very important work in re¬
this ordinary stock of the ‘ Atlantic First Leased Lines Rental
leasing the underlying mortgages held by the Boston Five Trust
(Limited).”’
Cents Savings Bank. In June last the city took the deed of an
additional parcel for the park, containing 77,987 feet, which
Chicago Rock Island & Pacific.—The Chicago Rock Island
was paid to the bank for the mortgages.
There yet remain & Pacific has been operating the Chicago & Southwestern Road
other lands within the park which will be conveyed to the city. from Atchison Junction to Atchison for some years past, but
The event of the greatest importance during the year was the lately it has purchased the road outright, and new owns the
settlement in full of all differences between Mr. Matthews and entire line from Chicago to Atchison. The St. Louis Globeothers. The papers were signed January 22, these parties re¬ Democrat says : “The managers of the Rock Island are now at
ceiving $200,000 irf bonds of the company and $30,000 in cash. Atchison to find a suitable location for extensive shops at that
A full and complete release was given of all matters of differ¬ point. As long as the Rock Island did not own that property
ence in litigation or otherwise.
By this settlement the bonded it did not care to make extensive improvements at its western
debt was fixed at $2,148,000, and limited to that sum by the terminus, because the Southwestern branch might have slipped
cancellation of $427,000 of bonds, and an agreement was made sooner or later from its grasp; but now it means to make exten¬
to destroy $225,000 in 1880.
The $30,000 paid in cash is in sive improvements on the line, and plaoe it in as good and sub¬
addition to the floating debt, and steps should be taken for its stantial condition as its other lines. Negotiations are now pend¬
payment. It will be impossible to meet it by sales, and it is ing between the managers of the Rock Island and Atchison
recommended that 3,000 new shares be issued, which the par¬ Topeka & Santa Fe to run trains from Chicago through to
ties to the agreement are ready to take in payment at the rate Topeka.
of $13 per share: $5,000,000 can be realized on the company’s
Chicago St. Louis & New Orleans.—Mr. Moore, one of the
property, enabling it to pay its bonds and leave an equity on
the present market for land worth $25 per share. The follow¬ engineers of the Illinois Central Railroad Company, is making a
survey from Jackson, Tennessee, to the Tennessee River, a dis¬
ing financial statement closes the report:
tance of about 45 miles. The new line is to pass through Lex¬
ASSETS.
470,785 feet land on Beacon Street and Commonwealth
ington, and will be put under contract as soon as the survey is
Avenue, at $2
$941,570 00 completed.
1,914,947 feet aronnd tlie park ($1 25)
2,872,420 00
1,789,679 feet east of Parker Street, filled (1 25)—
2,237,098 00
Chicago & Tomah.—This road has been sold to the Chicago
18,700 feet Northampton Street ($1)
18,000 00 & Northwestern Company. It is a narrow-gauge road, extend¬
Land in Brookline
15,000 00
House on Carlton Street (in hands of trustees)
3,000 00 ing from Woodman, Wis., to Lancaster, 31 miles, with a branch
Thirty-three shares of stock ($13*2)
445 00 from Dankloff Junction to Montpont, 14 miles. An extension
Cash balance, March 31,1880
3,184 56 about eight miles, which is all graded, will carry this branch to
$6,090,717 56 McCormac, the terminus of the Galena & Wisconsin, which also
LIABILITIES.
has been bought by the Northwestern.'
First mortgage bonds
$2,148,000 00
Interest unpaid on same to April 1
Cincinnati Hamilton & Dayton.—An exchange says that
670,355 00
Cash borrowed by trustees to pay underlying mortgage
an
understanding has been effected with regard to the
about
150,000 00
future management of the Cincinnati Hamilton & Dayton
C. W. Wilder <fc Estahrook, mortgages and interest
*
34,000 00
Notes payable (due July 21,1880)
Railroad, in connection with the Cleveland Columbus Cincin¬
* 33,167 17
Mortgage on Northampton Street laud.,
;
9,000 00 nati & Indianapolis. It is, that at the coming election for Cin¬
Dividend No. 16 (unclaimed), cash
410 00 cinnati Hamilton & Day ton directors, the C. 0. C. & I. Company
Dividend No. 17 (script, payable in land at option of com¬
The president shall be
pany)
20.433 00 shall name three and C. H. & D. nine.
Taxes..
50,000 00 of the C. H. & D. party, while the C. C. C. & I. Company will have
a minority of the board and of the stock.
They will be joined
$3,115,365 17
by
some heavy stockholders of the C. H. & D., and thus have
The cash receipts during the year have been $168,701 55, control., One
saving of $90,000 a year will be made by surren¬
andr the cash expenditures $165,516 99—leaving a balance on
dering the lease of the Cincinnati & Baltimore track, and of the
hand of $3,184 56. Officers for the ensuing year were elected Cincinnati Indianapolis St. Louis & Chicago track, and running
as follows, and the meeting adjourned: William B. Brown,
trains of the Dayton short line in on the C. H. & D. track from
clerk of corporation ; Henry M. Whitney of Brookline, John Ludlow Grove.
Brown of Boston, William B. Brown of Marblehead, Peter
Cincinnati.—The sinking fund trustees offer for sale $1,250,Butler of Quincy, Francis B. Wallace of New York, William C.
Whitney of New York, Jarvis D. Braman of Boston, directors. 000 consolidated sinking fund coupon or registered five per cent
bonds, 30-50 years, to bear date July 1st, 1880. Sealed pro¬
posals will be received until May 16th, proximo.
GENERAL INVESTMENT NEWS.
Connecticut Western.—The Treasurer of Connecticut, as
trustee, has taken possession of this road, on the petition of
Atlantic & Great Western.—The London Railway News
persons holding $1,289,000 worth of the bonds of the road,
gives the following editorial comments on the Atlantic & Great being more than one-third of the total amount of bonds. The
Western First Leased Lines Rental Trust (Limited): “ A scheme
treasurer will probably take steps for foreclosure.
of reorganization of what has hitherto been known as * The
Dallas & Wichita.—An injunction restraining the sale of
Leased Lines Rental Trust, 1872,’ has been completed by the
formation of a limited liability company with the above title. the Dallas & Wichita Railway under a decree of foreclosure has
There are some advantages resulting from this change which been granted in the Federal court in Texas, and the motion to
the same will be heard at the June term. The sale
do. not appear to be very generally appreciated. The Trust, as perpetuate
originally formed, consisted of £1,100,000 bonds, bearing 7 per had been fixed for Tuesday next.
cent interest, secured upon the rent payable by the Atlantic &
Georgia State Bonds.—The State Treasurer of Georgia has
Great Western in respect of the Cleveland & Mahoning Rail¬ issued a notice to holders of 4 per cent bonds of the State that
way’s portion of that system. The coupons thus secured have he w ll redeem $250,000 of them at par, upon presentation at
been duly paid up to July, 1876. Consequent upon the reor¬ the State
Treasury, or at the National Park Bank in this city.
ganization of the Atlantic & Great Western Company, it has Of this the Macon (Ga.) Tclegrayh and News says :
been deemed desirable to enter into new leases, and the rentals
It seems that Mr. Reufroe, finding that the assets in4 ready money of
to be paid under these are to be collected and distributed by the State would exceed by at least $250,000 the sums which had been
the company which has recently been formed. The rent to be appropriated by the Legislature, in a note to the Governor said:
‘“lam eleariy of the opinion that this large sum can be used under
paid for the six years ending 1884 is £55,000, after which it is section
958 of the code to great advantage. All the 4 per cent bonds
to be increased to £66,000. The bonds of the original Trust at
now outstanding can at once be redeemed at par, and, perhaps, some
resent outstanding amount to £1,074,000.
The new company bearing a larger rate of interest than that. The prompt redemption of
the 4 per cents will save the State $6,000 per annum until their ma¬
as been formed with a nominal capital of £1,611,000, whicn
five years hence, thus saving to the State $30,000.’
consists of £805,500 of debentures and an equal amount of turity,
[u accordance with this suggestion, Governor Colquitt issued the fol¬
ordinary stock. In exchange for each bond of $1,000, or £200, lowing notice:
large sales daring the coming year will render smaller indebted¬
ness at the close of the year.
This will advance the value of the
remainder and also the price of the bonds and stock. Agreements
between the city of Boston, the Boston Water Power Company
and land-owners have been made with the Boston & Albany
Railroad Company for filling Commonwealth Avenue and the
lands lying between Beacon Street and the railroad. Work has
already commenced, and will be vigorously prosecuted, the
liberal appropriations of the city government rendering
this
The city has also done much in
practicable.
filling in the park, appropriating $120,000.
Late in 1879

to

a

further 1 per cent on

this, the ordinary stock possesses the entire reversion to

,

“

“

the holder has received £150 of debentures
nary stock. The debentures bear 4 per

and £150 of ordi¬

cent interest. The
rent to be paid for the next five years is £55,000, and this will
provide 4 per cent on the debentures and leave available a sum
of £22,780 for the ordinary shares, which is equal to 2^ per
With the increase to £66,000, the revenue will be suf¬
ficient to give 4 per cent to the ordinary as well as to the de¬
bentures. There are some other sources of revenue which will
also come in aid of the dividends on the ordinary stock. Among
cent.

“Ordered, That the Treasurer be, and

he is hereby, authorized to redeem

to the extent of said sum of $250,000 the outstanding 4 per cent bonds
and such other valid bonds of the State not due as can be redeemed at

par.”

^

‘

Kansas City Fort Scott & Gulf.—This railroad company
offers to its stockholders rights to subscribe for $500 of
and a $1,000 bond for $1,000, $50 shares having the right to a

stock

subscription. The branch corporations, whose roads it is thus
proposed to complete, and which will be leased to the Fort
Scott Road for 7 per cent on the bonds, and the same dividends
others, a saving which may be effected by the issue of four per
cent debentures to pay off the present seven per cent bonds of as are paid on Fort Scott common bonds, are thus described in
the Cleveland & Mahoning Company, and which would be equal the circular:




.

Railroad Company, owning a
road from Baxter Springs, Kan., to Joplin, Mo., its length
toeing 15J2 miles, and costing
Second.—Memphis Kansas & Colorado Railroad Company
(narrow gauge), owning a completed road from Cherokee
east to the coal mines and zinc works at Wier City, six
miles; and from Cherokee west to the city of Parsons, 26
miles, and which it is further proposed to extend from
Parsons west to the line of the Kansas City Lawrence <fe
Southern Road, 12 miles. The whole 44 miles to cost,

Capital stock, par value $100 per share (non-aseessable)
49,995 shares issued to James Boyce in payment for

First—Short Creek <fc Joplin

$215,000

'

with equipment
Third.—Fort Scott Southeastern 4c Memphis Railway Com¬
pany (extension) proposes to build from
minus of its road southeasterly, in the direction of Spring-

field, Mo., 39 miles, at a cost of
..
fourth.—A corporation to toe organized under the name
of Rich Hill Railroad Company, for the purpose of con¬
structing a road from a point on the Kansas City Fort
Scott <fe Gulf Road, near Ploasonton, Mo., easterly to the
coal fields of Bates and Vernon counties, Mo., a distance
of 27 J4 miles, at an estimated cost of—

And

Total..

City St. Jo. & Council

cular has been issued:

veyed to company, and five shares paid for in cash.
:
Money expended in surface improvements
$150,000
Money expended in underground improvements, exclusive of
payments to miners and laborers
14>500
Capacity of milling, mining and other machinery, 450,000 tons per
annum.

300,000
440,000

Livestock
Tools
Cash' in treasury
Set aside for improvements
Additional working capital

$13,000

fore

2,000

-.

to be paid into Treasury on or beof company under con¬

April 20,1880, by stockholders

tract....

-

Principal offices—American Building, Baltimore,
Broadway, New York City.
Transfer office—111 Broadway, New York City.

2,800
37,500
37,500
50,000

Md., and

111

370,090

..$1,325,000

.

$5,000,000

property con¬

Rolling stock, cars and locomotives

the southern ter¬

Kansas

[Vol. XXX.

IHE CHRONICLE.

466

Bluffs.—The following cir¬

Registrar—Union Trust Company.

Officers—President, John White, of New

James
York;

Boyce, of Baltimore; Secretary,

York; Treasurer,.

James Boyce, of New

Directors—James R. Keene, Wm. C. Kimball, James Boyce,.
17,1880.
stock of the Kansas Isaac Prince, J. A. Sprigg, John White.
City St. Joseph & Council Bluffs Railroad Company have decided to
accept what they consider an advantageous offer for the sale of their
Memphis k Little Bock. —It has been a matter of doubt for
securities, with the agreement that the other holders of such shares and
some time past as to what parties would obtain the control
bonds may dispose of the same upon the same terms before August 1,
of this road. We are now informed, from reliable authority,
1880. The terms are as follows :
The purchaser agrees, to pay $72 50 per share for the stock of the that the St. Louis Iron Mountain & Southern Railway Company
Kansas City St. Joseph & Council Bluffs Railroad Company, and $72 50
have carried off the prize, which will be another step towards,
per share for the stock, when issued, of the Nodaway Valley &Tarkio
Valley Railroad Companies, and 90 per cent flat for income bonds of the giving them a monopoly of the traffic of the State of Arkansas.
Kansas City St. Joseph & Council Bluffs Railroad Compan3r—the pur¬
The audited net earnings of the Little Rock Road for the five
chaser to have the option for three weeks from April 17,1880, to pay in
months, November to March, inclusive, are $174,749. The ob¬
cash for the above-named securities, or in Chicago Burlington & Quincy
Railroad Company’s stock at $125 per share. If cash is paid, interest is ligatory interest charges for the ensuing two years are only
to be added at 6 per cent per annum on the purchase price from May 1,
$128,000 per annum and after 1882 the obligatory interest rises
1880, to date of payment.
If paid in Chicago Burlington & Qumcy to $225,500, which should leave a handsome surplus in net.
Railroad Company’s stock, the stock is to be delivered as soon as may be
earnings without allowing for the natural growth of traffic.
after the election is made to pay in stock. The mortgage bonds of the
Kansas City St. Joseph & Council Bluffs Railroad Company to remain as The road is now reported in good order.
We understand that,
they now are, and the mortgage bonds of the Nodaway Valley and the credit of securing this road for the Iron Mountain is.
Tarkio Valley railroad companies to be issued as originally proposed in
mainly due to Messrs. Levy & Borg, bankers, who succeeded in
the circular offering the same to the subscribers.
26 Sears Building,

Holders of a

Boston, April

mstfority ef the income bonds nnd

Charles Msrxham.

Lake Ontario Southern.—This Company has recorded a
trust deed to* the Union Trust Company of New York for
$3,300,000 of coupon bonds at 6 per cent, gold, per annum,
the purpose of completing and equipping the road.

getting $1,400,000 of the stock.

New Orleans City Bonds.—At New Orleans, April 27, Judge
Billings, of the United States Circuit Court, granted an injunc-,
for tion restraining the City Council from modifying the budget
so as to strike out the $300,000 set aside in the December
Local Indebtedness of Ohio.—The Cleveland Leader of April budget for redeeming premium bonds and paying the interest
24 says: “ The State debt of Ohio has never been very oppres¬ on them; also from refusing premium bonds drawn in payment
sive, but the local indebtedness has increased with portentious of all dues.
—The Public savs editorially: “New Orleans is in difficulty.
rapidity during the last decade. In 1872, the first year in
which returns of local indebtedness were made under the act of The rapid and suaden fall in the price of its premium bonds,
May 2,1871, the entire local debts of the State amounted to which had been growing in favor for some months prior to tho
but $17,000,000 in round numbers. Of this, the debts of cities adjournment of the Legislature, gave warning that there was
of the first and second classes footed up to $11,495,591, and the some serious mischief afoot, and the explanation now appears
debts of counties to about $4,500,000. In 1872 and 1873 we in the New Orleans journals. The Legislature, it is stated,
were in the high tide of business prosperity, and our growing
passed an act prohibiting the city from collecting during the
cities, like those of other States, rushed headlong into local year 1880 a tax of more than ten mills for any purpose what¬
improvement regardless of expense. From 1872 to 1876 inclu¬ ever.. But the premium bond act of 1876 obliged the city to
sive the indebtedness of cities of the first and second classes levy
a tax of fifteen mills, of which five mills were to be applied
increased several million dollars annually, and the reports for to the interest and the ultimate redemption of the bonded debt.
the latter year show the aggregate to have reached $30,510,503. Such a tax was devised by the city council in December, in the
The last report, made in 1879, gave a total of local indebtedness assumption that its right to do so would not be disturbed or
in cities of $36,036,069. In the incorporated villages the indebt¬
questioned, the constitutional limitation not having taken
edness yearly increased about $300,000 from 1872 to 1879, while effect. But the council now declares that ten mills barely
the debts of townships during the same period fell from $447,- suffice to carry on the city government, and that a revision of
238 to $161,321. This moderation, however, only prevailed in the
budget will be made in compliance with the ten-mill act,
the small villages and townships of the State. In the largest leaving the public creditors without any provision whatever for
cities debts were accumulated with such supreme indifference interest or redemption. The correctness of this interpretation
that the total local indebtedness of the State in 1879 amounted of the new act is disputed, and is to be tested in the courts.
to $41,490,574. The great bulk of this increase was in the Some assert that the Legislature must have intended to limit
large cities, chiefly in Cincinnati, where the Southern Railroad only the tax in excess of that required by the contracts with
was built, involving an expenditure of about $17,000,000 in round
public creditors, and that a tax of ten mills besides the interest
numbers. The construction of this road by bonds issued by the and redemption tax of five mills can lawfully and should bfr
city of Cincinnati was the first great step taken on the road to levied. But it is commonly believed that the council will
municipal indebtedness. Before that the Legislature seldom adhere to its position, and will refuse to levy a tax of more
granted to a municipality the power to tax itself to construct a than ten mills in all, with the excuse that payment of a larger
railroad. But the Cincmnati Southern opened the way, and tax would be likely to be resisted in the courts, at least for a
lobbies thronged the State Capital at every session, asking time successfully, by the taxpayers.”
authority to levy special taxes for some local purpose. The
N. 0. Mobile & Texas.—At New Orleans, La., April 24, .thesession which just closed passed a number of such bills. The
New
Orleans Mobile & Texas Railroad was sold by the master
first was to enable Lima, Ohio, to levy a tax and issue bonds to
in
chancery,
and purchased for account of the committee of the
build machine shops. Then the Cincinnati Southern appeared
in the Legislature again, asking permission to levy a tax of bondholders, Louis Yon Hoffman, George Bliss and Oliver
$300,000 for terminal facilities. This petition was granted, and Ames, for $4,000,000.
and was immediately followed by a gnst of bills enabling cities
Port Royal & Augusta.—The following statement is made
and villages 4to levy a tax to build a railroad and leaseor operate for the six months from Sept. 1, 1879, to March 1, 1880 :
the 8ame., In nearly every bill an amendment was incorpor¬
1879-80.
1877-78.
Increase.
P. <?.
ated requiring that the question be submitted to a vote of Passage
$25,238
$20,092
$5,146
25.6
the people, and that no tax should be levied unless two-thirds Freight
142,281
106,905
35,375
33.1
20,820
8,726
66.T
‘ 12,094
of the people favored it. It now rests with the people to Other sources
determine whether they will tax themselves or not. It is to be
Total.-.
$188,340
$139,091
$49,248
35.4
hoped that many of the propositions will be voted down.”
Quicksilver Mining Co.—A decision favorable to the present
Louisville New Albany & Chicago.—The Louisville New Al¬ owners of the preferred stock of the Quicksilver Mining Com¬
bany & Chicago Railroad directors have ordered the issue of pany has been rendered by Justice Barrett in the Supreme
$3,000,000 first mortgage bonds on the road, the proceeds of the Court Special Term, in the suit of Margaret Manning, as
sale of which are to be used in improving the road. The im¬ administratrix, against the Quicksilver Mining Company and
provements include relaying and straightening a portion of the others. The I'ribune reports: “The most important decision wa*
track, new passenger coaches, locomotives, and other needed that of the Court of Appeals, holding that the stock was.proprolling stock.
erly issued. The decision of the referee, more recently ren¬
Maryland Union Coal Company.—The Stock Exchange dered, held that the preferred stockholders were entitled to
has admitted the securities of tnis .company, which was or¬ their dividends for all the jrears that such dividends had been
ganized for the purpose of mining, transportation and sale of retained, and that their claims took precedence of the bonded
coal. Incorporated under the laws of the State of Maryland indebtedness. The entire dividends amounted to more than 60per cent. The present suit was brought by the representatives.
(by special charter) January, 1868 ; amended 1872.




*

i

Mat

467

THE CHRONICLE.

1, I860.]

disposed of his
entitled to the divi¬
The defend¬
ants demurred to the complaint, contending that each stock¬
holder, when. he sold his stock, relinquished all claim to divi¬
dends by not especially reserving them, and that no present
of the original stockholders who had
stock. It was claimed that the plaintiff was
dends which occurred up to the time of the sale.

of one

entitled to the entire amount of dividends.
The demurrer was sustained. Justice Barrett, in his opinion,says:
<The case is not at all like ordinary or even preferred stock trans¬
ferred after the declaration of a dividend, nor is it analogous to
those cases where the contract itself is equivalent to such a
declaration. One reason why declared dividends do not pass
with a transfer of the shares is that the act of the trustees in
declaring the dividend implies the taking out of the assets of
the company, and the setting apart of the required amount.
A severance is thus effected, and the right to share in the
^amount thus set apart vests. But here there was no such set¬
ting apart; in fact no act of the company, and consequently no
severance.
The right to demand the interest may have
attached, but only as an incident and in the sense to which we
have referred. Further, there cannot be the slightest doubt as
to the intentions of the parties where, as here, an uncondi¬
tional transfer of the preferred stock has been made. No one
stockholders were

constitutional. This Court is of the opinion that
to adopt the latest ruling of the Supreme Court

it is not bound
of Missouri, if,

by such adoption, the rights which have became
an earlier ruling are to be injuriously affected.”

Valley, of Ohio.—At
statement

was

vested under

the recent annual meeting the

submitted for the year ending

,

ap:
From sale of

bonds
i
first mortgage

Miscellaneous

road and

on

6,360

/.

,...$1,030,931
2,589
226,867

$749,991

equipment

Supplies

Floating debt paid
Cash and receivables

51,482

,

The road is now in
miles.
—The Maverick

$8,364

1,016,206

Total
Paid

following

March 31:

operation from

$1,030,931

Cleveland to Canton, 58

National Bank of Boston, whose

card will be

the first page of the Chronicle, has been one of the
most prominent of Eastern institutions in the large
attending the funding of Government bonds.
business of this bank the Boston Globe remarks : “ One strongfeature of the conservative management of the Maverick is
shown by the fact that the larger part of its business
the loaning of money on solid securities and
out-of-town banks, taking business paper endorsed by the
banks.
The wisdom and success of this policy has

found

on

operations
Of the regular

surprised than the transferrer to
these semi-annual interest pay¬
has been
be given to this intention as
for
discounting
evidenced by the instrument whereby the transfer was effected.
Here there was no reservation upon the face of the instrument,
been
and certainly there was no such reservation dehors. The con¬ particularly
during
the
five
six
of
demonstrated
or
years
clusion is irresistible, both from the certificate itself, the nature the late depression, which thoroughly tested all business rules
of the original transaction, and the understanding as to subse¬ and the strong or weak points of all financial institutions. Dur¬
quent transfers. The interest in question has never been ing this trying period the surplus of the Maverick has increased
detached or severed in any manner. It therefore, under all
the special circumstances of this particular case, passed to the | from a little over $100,000 to more than
stockofhas
present holders as an incident to the shares. There must be | ithe—One
therisen
mostfrom
conservative and at the same time most prom¬
judgment for the defendants on the demurrer, with costs’.”
ising of railroad enterprises, among those on a moderate scale, is
Quincy Missouri & Pacific.—The election of directors was the Houston East & West Texas RR. The road runs in a north¬
held April 28. The road will be turned over to the Wabash easterly direction from Houston, and has already over 60 miles
in operation, on which the earnings are $8,500 per month and
•Company in about one month, when it will
Milan. The following directors were electee
the operating expenses only 30 per cent of gross earnings. The
York,
Ridgely
of
Springfield
Humphreys of New
Charles
and authorized issue of 20-year 7 per cent gold bonds on this narrow
Frank Ferris of Quincy, representing the Wabash Company; gauge road is only $7,000 per mile, and much less than the full
Henry Root, C. H. Bull, Amos Greene, J. F. Sawyer, W. B. amount has yet been issued, as the surplus net earnings build
Larkworthy, Eisher E. M. Miller, and John Wheeler, all of about 25 miles per year. Mr. A. E. Hachfield, 17 Nassau Street,
has a limited amount of these bonds for sale, and will give full
•Quincy.
information in regard to the enterprise.
Savannah & Memphis.—By order of the committee named in
The firm of Sand Brothers & Co., bankers and brokers, of
the agreement of the bondholders, dated January 10, 1878, a
54
Wall
Street, have the following partners, viz.: Mr. Theodore
meeting of the subscribers to said agreement will be held at
Y.
Sand,
late of Sand, Hamilton & Co., Mr. Max E. Sand, for
room 4, No. 49 Nassau Street, New York, on the 28th day of
the past ten years well known in the tea business, and Mr.
April, 1880, at noon.
Edward A. Petit, a member of the New York Stock Exchange.
Southern Minnesota.—Notice is given to holders of Farmers’ The members of this house have a high standing both in busi¬
Loan & Trust Company certificates for construction bonds of ness and social circles, and have every prospect of a large and
the Southern Minnesota Railroad Company that the six per cent
growing business.
coupon bonds of the Chicago Milwaukee & St. Paul Railway
We present in our advertising columns of this issue the state¬
Company, issued in exchange therefor, will be ready for delivery ment of several of our most prominent and strongest national
and after May 3,1880, at the rate of $1,250 in 6 per cent
bonds for each construction bond, with all its past-due coupons. banks, among which will be found the names of the Metropolitan,
American Exchange, Continental, Bank of New York ana Third
Tennessee State Railroad Bonds.—Argument in the test National Bank. These institutions are, as a rule, increasing their
case on the lien of the bonds issued by the State of Tennessee
gold reserves, and the better business of the present year
the railroads built in part by the proceeds of those bonds, will enable them, we believe, to increase their dividends.
was begun in the United States Circuit Court in Nashville,
—Messrs. J. H. Latham & Co., 52 William Street,Jare offering
April 27.
Township Bonds.—The Missouri Republicin, reviewing the I to investors a limited amount of the
United States Supreme Court decisions, recently said m an | of
perseven
cent twenty-year
bonds..
bonds due.
are The success of
are falling
per cent bonds,
whichThese
editorial that the third decision by the United States Supreme the
negotiation of the five per cent bonds last year—now selling
Court on the subject of Missouri township bonds, somewhat im¬ at 106—indicates the high credit of the county, and bespeaks
patiently awaitea for two years, was rendered in a case taken up an early sale of the bonds offered.
from Pike County, and it affirms the Court’s second decision, hold¬
—Special attention is called to the card of Mr. Robert Mur¬
ing that township bonds are valid and binding, and must be paid. doch, commission
merchant, found in another column. This
Afl the township railroad bonds in the State of Missouri were
well-known house makes advances on consignments of cotton
issued under the “ Township Aid Act,” authorizing such issues.
for sale in New York or Liverpool, and pays especial attention
This act appeared to be in violation of the State constitution,
the purchase of future contracts in Liverpool as well as in
(Bates County) case, which to
and in the Mount Pleasant
New York.
went up to the United States Supreme Court, about five years
—The London & Lancashire Fire Insurance Company, of which
ago, it was so declared. The holders of township bonds, not
Mr.
James Yereance is the able manager in this city, now
satisfied with this, took up another case from Cass County, and
beautiful offices, corner Pine and Wilasked for a rehearing.
It was granted, and on the second
trial theCourt reverse* its Bates (Wy decision,and declared I
that the “Township Aid Act” was not invalid, fortifying its new j foreign company will hereafter find them.
'
decision with what it claimed were the rulings of the State Su—Messrs. J. & J. Stuart, the old and conservative banking
reme Court on the same question.
Subsequently, the State house of 33 Nassau Street, will move on the 1st of May to the
Supreme Court positively denied that its rulings possessed more accessible and convenient offices in the basement of the
such meaning, and, in a case brought before it, decided plainly same building.
and emphatically that the “Township Aid Act” was unconstitu¬
—Attention is called to the list of coupons paid on or after
tional. As the United States Court has avowed the rule of being
May 1 at the office of Messrs. Jesup, Paton & Co. This list, as
will be seen, includes the Chicago & AJton and other import¬
.governed
by
the
decisions
of
a
State
Supreme
Court
on
all
ques¬
tions arising under its constitution, a third case, that of Cuiyre ant roads.
Township, from Pike County, was taken up, in the expectation
Messrs. Lloyd & McKean, bankers and brokers, now occupy
that the United States Supreme Court would adopt the last de¬
offices
at No. 34 Wall Street, where their many friends will find
cision made by the Supreme Court of the State ana thus put the
ample
conveniences for the transaction of business.
Question at rest forever. But the United States Court declined to
—The
National Bank of the Republic will hereafter occupy
uo this.
It recognizes its general obligation to follow the con¬
the
premises
stitutional decisions of the Missouri Supreme Court, but declares
No. 33 Nassau Street, until their new building,
that the rights of parties in the present litigation are to corner Wall Street and Broadway, is completed.
be determined by the law as it was judicially construed
—The patrons of Messrs. Coleman Benedict & Co. will now
■by the State Court at the time when the bonds in question were find them in their new offices at No. 24 Broad Street.
would

probably be more

learn that he had reserved
ments.
Expression should

its present capital, and
$120 to $200 per share.”

on

on

(Illinois)
4)f
Cook County
issued
in place
m

taTtet-cb£

a

Jjut
time,” say held,
“ the‘Town¬
State
on theCourt
market.
At had
that repeatedly
the Court,
nrpreme
held, “and
that the
ship Aid Act’




was

constitutional. It now thinks that act is un-

—Messrs. A. M. Kidder & Co.
offices at No. 18 Wall Street.

move on

Saturday to their new

468

THE

CHRONICLE.

[VOL. XXX.

3?}xc CcmxMci'cxal jinxes.
COMMERCIAL

O O T T O N

Friday, P. M., April 33, 1880.

EPITOME.

Friday Night, April 30, 1880.
General trade is without new features. The .falling off in

demand is

chiefly felt by jobbers. Importers and commission
carrying large stocks. The weather is generally
favorable to spring business, but the South and West have
continued to suffer from violent tornadoes, devastating consid¬
erable districts. The damage has been so serious that appeals
are published soliciting aid for the sufferers.
Hail storms are
reported at the South which it is feared must have done injury
to the crops.
The navigation of the Erie Canal will, it is
thought, be resumed this week. The money market has been
somewhat disturbed by legislative action at
Albany, but has
become quieter and easy.
The market for provisions, after manjr variations, with a
gen¬
erally good movement, closes dull and without features of inter¬
est. To-day, old mess pork on the spot, $10 50 ;
new, $11 ; new
for May sold at $10 85 ; for June at $10 95 ; and for
August at
$11 05; July quoted at $10 90@$11. Lard ruled about steady
for “spot” lots, but futures showed some
irregularity ; prime
new Western sold on the
spotat7*37/£c.; forfuture delivery May
sold at 7'35c.; June, 7*40c ; July, 7'45c.;
August, 7*50c.; seller
the year, 7*32%@7*30c.; refined to the Continent sold at 7*70c.
Bacon is quiet here at 7c. for long and short clear
together.
Butter has been weak and dull; tallow dull at
6@6 l-16c.
Cheese has also declined somewhat. The
following is a com¬
parative summary of aggregate exports, from November 1 to
April 24, showing a recent increase in the exports of lard.
houses

are

not

1879-80.
Pork
Bacon
Lard

lbs.

35,049,000

lbs.413,674,428
lbs.197,295,484

Total

1878-79*

Increase.

40,l>08,400
471,092,650

Decrease.

5,857,400

184,375,838, 12,919,646

58,018,222

fair'cargoes; mild
grades have been firm during the last few days, though early
in the week prices were depressed,
especially for Laguayra ;
recent large receipts of this description made holders at
one
time anxious to realize, but sales of over
9,000 bags have
steadied the market, and all grades have
latterly sympathized
with Rio ; the prospective receipts of Maracaibo are
reported
to be heavy, but the close is steady at
sales dur¬

13@17c., after
ing the past week of 3,500 bags. Rice has been quiet at rather
easier prices. Molasses has been in fair demand for
grocery grades
and boiling stock has sold
moderately; prices for foreign have
ruled slightly easier. Raw sugar lias been
quiet, but about
steady at7%@7%c. for fair to good refining; but there has
some

business in cargoes to

arrive, taken

at

“ cost and

freight” rates, including, it is reported, 1,000 tons Manila at
17s. 9d. ; refined has sold fairly at
unchanged prices. The fol¬
lowing shows the movement in raw here :
.

^

Receipts since April 1,1880
Bales since April l, 1880
Btock April 28, 1880
Stock April 30, 1879

The

Hilda.

83,634
41,660

81,760
40,317

Boxes.
10,370
4,304
6,301
26,414

Bairs. Mclado.
248,543
1,723
211,815

686,399
6s3,360

demand for Kentucky tobacco

2,779
2,429

weeks of four previous years are as follows:

Receipts this w’k

18S0.

at

New Orleans

Charleston
Port

The sales for the week are 1,156 cases, as follows
1878 crop, Pennsylvania, 12c. to 22c.; 92

:
500 cases,
cases, 1877 crop, Penn¬

sylvania, private terms; 380 cases, 1878 crop, New England, 13c.
to 28c.; 8 cases, 1878 crop,
Ohio, and 101 cases, 1879 crop, Wis¬
consin, from Havana seed, private terms. The movement in
Spanish tobacco has been on a more liberal scale, and sales are
to the extent of 600 bales Havana at

85c.@$1 15.
Ocean freights have been
very quiet during the past week;
rates have ruled weak and
very irregular at a much lower basis
than a week ago. The engagements

to-day included grain to
Liverpool, by steam, 4%d., standard bushel; provisions, 27s. 6d.
@35s.; beef, 5s.@5s. 6d.; cotton, by sail, %d.;
grain to London,
by steam. 4^4d., 60 lbs.; do. to Leith, by steam, 6d., 60 lbs.; do.
to Cork for orders, 4s. 9d., free
elevating; do. to Hamburg,
4s. 3d., long lay days and free
refined petroleum to
elevating;
the Continent, 2s. 9d.; do. to Trieste
quoted at 3s. 9d.
Naval stores have been quiet but firm at
$1 37%@$1 42%
for strained to

good strained rosins ; spirits turpentine closed
at 32%@33c.- Petroleum was
again dull and wholly nominal
at7%c. for refined, in bbls.; United certificates
have latterly
advanced with a better
speculation, closing to-day at 73%c.,
after selling at 75c. Metals have continued on their
downward
course.
Business is very limited, and the whole
market ap¬
pears demoralized.
Ingot copper remains quiet at 20%@21c.
for Lake. Wool has
latterly shown more steadiness, in
thy with strong, foreign advices and the reduced stockssympa¬
at the
several distributing centres in the
east, though the movement
is still unimportant.

1879.

12,449
1,407
2,540

Mobile

Royal, &c

..

.

3avamiali

Galveston

Indianola, &c
Tennessee, &c

.

1876.

5,195
1,666

10,893
3,032

6,477
999

8,980
2,003

744

1,222
390

2,013

1,492

63

231

1,495

733

1,744

686

2,578
4,002’

...

....

6

85

15

7

'211

6,515

4,991

7,712

2,209

2,603

1

28

121

127

37

17

117

299

893

572

888

3,793

3,800

2,932

2,661

2,785

152

1,399

G91

98

206

30,858

22,283

31,196

16,560

26,002

Norfolk

City Point, &c
...

1877.

.

2,979
1,004

;.

Total this week

1878.

1,149
2,702

Florida

North Carolina

Total since Sept. 1. 4,633,867 4,317,007 4,113,803 3,839,630
3,941,356

The exports for the week
ending this evening reach a total of
72,231 bales, of which 59,724 were to Great Britain, 3,005 to
France, and 9,502 to rest of the Continent, while the stocks as
made uu this evening are now 598,877 bales.
Below are the
exports for the week and stocks to-night, and a comparison with
the corresponding period of last season.
Week

EXPORTED TO—

ending
Great
April 30. Britain.
23,175

•

Charl’t’ii

g8,169

Savan’h.
Galv’t’n-

•

3,115

•

•

•

8

1880.

....

10,677

....

2,705
•5,577
21,308

,

29,709

....

....

5,185

....

14,827

3,474 250,296 174,542
13,211
40,000

....

5,185

1879.

30,631 196,504 111,748
34,797
7,698
18,115
9,879
1,154 16,245 13,422

....

•

Other*..

STOCK.

Same
Week
1879.

26,779

•

2,705
1,359
2,323

....

....

•

....

....

4,218
18,977

Norfolk-

.

2,508

....

N. York.

nent.

489

Mobile..

Total
this
Week.

Conti¬

France.

•

.

.

7,248

9,665
27,000

Tot. this
week..

59,724

3,005

9,502

72,231

42,507 593,877 369,781

Tot. since

Bept. 1.. 2110,468 326,979 742,873 3180,320 3162,791

•

•

at

»«*•

♦The exports this week under the head of “ other ports”
include, from Bal¬
timore, 2,534 bales to Liverpool; from Boston, 1,436 bales to Liverpool; and
from Philadelphia, 1,165 bales to Liverpool.

From the foregoing statement it will be seen
that, compared
with the corresponding week of last
season, there is an increase
in the exports this week of 29,724
the
are

230,096 bales

bales, while

more

than

stocks

they

to-night

were at this time a year ago.
In addition to above exports, our
telegrams to-night also give

us

the

following amounts of

the ports
which are

cotton on shipboard, not cleared, at
named. We add also similar figures for New York,
prepared for our special use by Messrs. Carej, Yale &

Lambert. 60 Beaver street

2,101

has continued fairly
active, with^a tendency towards better prices. The sales of
the
week are 900 hhds., of which 750 for
export and 150 for home
consumption. Prices are not decidedly higher,
still quoted at 4@5%r\, and leaf 6@12c. There however; lugs
has been rather
more doing in seed
leaf, but the movement still lacks activity.




as indicated by our
telegrams
below. For the week ending
this evening (April 30), the total
receipts have reached 30,858
bales, against 36,714 bales last week, 38,910 bales the previousweek, and 37,323 bales three weeks since, making the total
receipts since the 1st of September, 1879, 4,638,867 bales against
4,317,007 bales for the same period of 1878—9, showing an increase
since September 1, 1879, of 321,860 bales.
The details of the
receipts for this week (as per telegraph) and for the
corresponding

N. Orl’ns

lbs.646,OL8,912

696,974,888 12,919,646 63,875,622
Rio coffee, with favorable news from Rio
Janeiro, has latterly
been more active at an advance to 14Mc. for

been

The Movement of the Crop,
from the South to-night, is
given

On

April

30, at—

New Orleans
Mobile

Shipboard, not cleared—for

Great
Britain.

34,254
6,090

:

France.

Other

Total.

5,560
2,000
3,800

567
None.

45,925

4.200

Foreign
'

5,544
3,350

Leaving

Coast¬
wise.

Other ports

8,575
19,700
6,000

None.
None.
918
None.
None.

None;
5.200

None.
None.
None.

None.

500

11,350
4,350
4,200
9,493
*3 4,400
6,500

Total

75,029

9,812

20,760

1,117

116.218

Charleston
Savannah
Galveston
New York

500
None.

‘

50

Stook.

>

150,579
23,447
13,765
12,045
20,216

215,896
46,711

482,659

*

Included In this amount there are 9,500 bales at
presses for foreign
ports, the destination of which we cannot learn.

The

following is

cotton at all the

Ports.

our usual table showing the movement of
ports from Sept. 1 to Apr. 23, the latest mail dates:

receipts since
sept. 1.

1879.

1878.

N.Orlns 1408,262 1145,225
Mobile. 341,539 354,163
Char’n*

463.544

Sav’h..

713,499
453,458

Galv.*.
N. York
Florida

183,124
20,027

N. Car.

101.957

Norf’k*

679,174
243r425

Other..

This yr. 4608.009

505,991
689,103
542,577
142,972
55,934
132,927
537,774

185,058

EXPOR rED SINC E SEPT. 1 TO—

Great
Britain.

France.

Stock.

Other

Foreign

Total.

723,660 236,770 224,484 1189.914 211,072
71,762
92.008 35.216
6,791 13,455
142,559 16,914 154,810 314,283 26,863

185,105
194,906
297,135

18,950 213,059
21,785 47,304
20,108 42,492

....

....

22,668
214,591
193,358

1,177
1,479
....

•

•

•

417,114
263,995

19,634
34,147

359,735 266,812

•

....

10,447

34,292

......

5.840

221,910

3,872
13,803

21,480

214,839

36,750

2050,744 323,974 733,371 3108,089 648,169
*■

Last year

1294,7241830,168
f

389,792'900,324*3120,294

*

397,755

Under the head of Charleston is included Port
Royal, &c.; under the head of
Galveston is Included Indianola, &c.; under
the hpad of Norfolk is included City
Point, &c.
-

THE

Mat 1, 1680.]

CHRONICLE,

There was a considerable advance in cotton for future

*

delivery
during Saturday and Monday of the week under review, but on
Tuesday and Wednesday wide fluctuations followed, in which
part of the advance was lost. The present crop showed the most
strength, the next being weakened by accounts of the planting of
a greatly-increased acreage
for the next crop, and favorable
weather for germinating the seed and giving the young plant a
start. Yesterday the opening was lower, but the decline was
soon recovered, and finally there was some advance on the closing
figures of Wednesday, leading holders having again come for¬
ward in support of the market. To-day the opening was lower,
but the close « as at some further advance.
Cotton oq the spot
has been moderately active for export, with a f«ir spinning de¬

604.35707215.8504.81
mand.

Quotations

advanced l-16c.

Monday; on Thurs¬
day an early decline of 1-16c, was recovered. To-day white
cotton was unchanged, but stained l-16c.@£c. lower.
The total sales for forward delivery for the week are 754,100
bales, including
free on board. For immediate delivery the
total sales foot up this week 14,830 bales, including 12,470 for
export, 1,943 for consumption, 417 for speculation, and
in
transit.. Of the above,
bales were to arrive. The following
tables show the official quotations and sales for each day of the
past week:
were

NEW ORLEANS.

UPLANDS.

April 24 to
Sat.
April 30.

Mon Toes

9%

0rdin’y.$lb

on

TEXAS.

Mon Tues Sat.

Sat.

Mon. Toei

91516 915i« 978
Strict Ord.. 10*4
107,0 10’ie 103b
10516
Good Ord.. 10%
101*10
101^10 10i5lft 1078
Btr. G’d Ord 11
lHl« 11*16 1118 113i6 H3i0 11%
Low Midd’M 11%
H7io H710 Ilia H016 11»16 11%
Str.L’wMid 11010 U% 1158
U’He 11% 11% IHI18
Middling.. 11% 1H310 1H316 11% 1H510 11«10 1178
Good Mid
1218
12316 123iq 12% 12516 12516 12%
Btr. G’d Mid 1298
121i0 127,0 12% 129i0 129i0 12%
Midd’g Fair 1278 121510 121*16 13
131i« 131,0 13
Fair
13Lj
13010 13016 1350 131110 13ili6 I35g
91310 97s
105,0 103a
101316 1070

91»i0

..

.

Wed

Th.

Wed

Frl.

91316 91316 91316
Strict Ord. 105,0 105,rt 105,0
Good Ord. 101316 101316 101316
Btr. G’d Ord 11*16
11*16
1^16 U710
Low Midd’g
11^10
0rdin’y.$Mb

Btr.L’wMid 115s

1150

llSg

Middling... li13io 13i«l6 IU316
Good Mid.. 123le 12316 123i0
Btr. G’d Mid
127,0 127j6
121&10 1215i6
Midd’g Fair
Fair
13010 139i0 139j0

12%

STAINED.

V B>*

Middling.

Frl.

IO1S10

11%

11%

915i0

107,0

113,0

11*16

111516 ill5™
125,0 12J101
12010 12010
13%0 13110;
13Ui0 1311,0

Wed

th.

10151Q 10i516 lOi5i0 lUl*>i0 1015,0 1015,0
H3l0 11^10 H310 ll®16 U3,0 113,0
11016 119.6 119.6 11016 119,0 119,6
11%

11%

11%

lH6l0
I25l6
120,0
131i«

Hl%6
125io
129,0
131,0
13Hi«

1115i0
12510
12010
131.6

I3iii0

11%

11%

11%

111516 ill516 1115,0
!25i« 125,0 125,0
129,0 129,0 129,0
131i0 131,«. 131,0
1311,« 13Hi« 131110 1311,0

Mon Toes Wed

Fri.

Th.

930
9»p
930
950
9%
99i6
i()%
10%
10%
lO7i0 10% 10%
1078
101510 1OL>10 101516 101610 10 7g
1130
1130
11%
H510 1130
115,0

MARKET AND SALE8.

Sat..
Mon.
Tues.
Wed.

Ex¬

Conport. sump.

3,000

Quiet

Steady,ati,6 adv.
Easy
Steady
Thurs Steady
Fri.. Firm, rev, quo...

915

2,305

1,300
*

Total

FUTURES.

Spee- Tran¬
uf’t’n sit. Total.

152
362
340
410

3,150
1,800

100

....

....

....

....

....

417
262

317

1,943

417

....

1,352
1,834
1,049
96,900

700
700
900
600
600
600

14,830 754,100

4,100

3,512
2,140
1,325
3,039
1,562

....

....

....

Deliv¬
eries.

Sales.

3,252

....

1.178
1,159

*12,470.

2,700.

For April.

Bales.

For June.
Bales.
Cts.
900
11*72

ct
11*66
.

200
500
7i)0
3T0
200

.11*70

7,000

11*71
1173
8.0.
11*7»
200s.n.<9thl 79
100
11*79
400
11*83

For May.

nt00

11*65
11*6-1
H*r>7,
2008 c. 1st. 1 - *6S
J1-B8
ili9
ii*71
200 s.n. lat.li’72
l! *7a

5*3004^00

;

ir.s1
1-74

„’00 8.0. l.t.11*7
3.0C0
.

100«.’.

11*75

1ft. 11*70

1®.

117«

«8fc:::::*^Ril

4®

v

11*88

1,*00
2,500
4,0 0

11*89
11^0
.11*91
.1« *98
11*93
U* 4

...

3,-00
2,300

14, *00

9.100
7,TOO
7,6 •»'
5,800

.

....

7,900
5, 00

*•00

300.

I

11-86 t

87,700




2,100

ls.30!»

4,000

7,900
9,200
4, 00

.

..11-97

..11-08'
..11-99

2,9U0..
3,200..
0,700.
1,000
2,oOO
2,4i 0

.1^-00

7,000.

100.400

11*97

For
500

11 98

,11*99

10,500
8.200
7,8 0

6,800
9,300.

11*77

11*78
ir;9

5,900.

8,600

1180

ll*81

...11*82 20,400.
U*p«

...

I

12-02
12*03
12 04
12*0 >
.12*06
12*07
12*«H
12*09

.

.

....

4.E00

6,900
6,800
600.

....

3,300
2,3 >0

0,700.
5,800.

.

10.500..

4,900

11*90
11*91
11* 2
11* 8
.1194
11*95
11*96
11*97

For

80* *

11*29
11*30

1,000

11*31

11*82

£00
fOO
1.000

11*11

11*33
11*34

11*12

1,000

1118
11*14

8O1).
500

2,000

For November.
100
10*88
700
10*!-5

11*: 5

600.....

11*17
11*18

400

300

10-8

200

.10*89

2,800
2,800.
1,800

500
800

11*02

H00

11 07

200

11*00

100

mo
11*07
11*12

..10*80

400

Futures

Saturday.

Monday.

Tuesday.

Market.

Higher.

Higher.

Lower.
>

For

Day.
Low.

Ei:rh.

For Day.

Closing.
Bid

High.

A*l

Low.

Closing.
Bid. Ask

11 71-1170 11*62 63 li 83-11-71 11*82
May ... 11*7511*64 11*65 66 ll 85-11-70 11*84
June... 11*87-11*79 11*79 — 11 99-11*85 11*98
July... 12*00-11*89 11 90 91 12 10-11*98 12*08
August. 12*08-11-99 11*99 * 12*18-12*08 12*14
8ept’br. 11*78-11*72 11*70 72 ll 85-11*73 11*82
October 11*25-11-20 11 22 24 11-31-11*24 11*30
Nov’ber 11*05-10 99 11*00 02 11-09-11*01 11 06

April...

.

Futures

—

09
15

Wednesday.

Thursday.

—

-

—

—

t
■—

—

11*65

Tr. ord.

Closed

—

Barely steady.

Dec’ber 11*01-10*96 L0.98

Jan’ry.

—

83
32
08
11*05-11*00 11-03 05
11-12-11*07
1185
Firm.

Market.

Irregular.
For

Day.

—

For

Day.

High.

Low.

11-79-11-73
11-86-11-70
11-93-11 80
12*08-11-89
12-13-11*96
11*81-11*07
11*28-11*12
11-04-10*89
‘-10*90
—

—

_

For

Closing.

Day.

Bid. Ante High. Low.
Bid. Auk
11*70 71
-11*66 11-75 77
May ... 11*76-1165 11*70 71 11-77-11*65 11-76 7S
June... 11*86-11*73 11 *82 83 11*81-11*72 11-84 —
July... 11 98-11*81 11*92 93 11*94-11*81 11*94 —
August. 12*04-11*89 12 00 - 12*01-11*90 12*01 —
Sept... 11*73-11*59 11*69 71 11*70-11-59 11*69 70
October 11*21-11*05 1119 20 11-22-11-09 11-21 22
Nov.... 10*95-10*85 10*92 93 10*97-10*83 10*97 9-i
10*80 10-95 97
Dec’ber 10-88-1O-85 10-90 92

High.

Jan’ry.

—

—

—

-

-

—

Tr. ord.

11*75

Closed.

Steady.

—

—

-

—

—

—
—

91
98
67
15
10*90 93
10*89 91

—

Irregular.

Low.

—•

11-82
11-90
11-97
11-65
11-13

—

Friday.

For

Sigh.

Bid. Ask.

U-72
11-72

11-75

Closing.

April...

Closing

Barely steady.

Variable.

—

11-75

—

Day.
Low.
.

Closing.
Bid. Ast

—

11-82-11-70 11-79 80

11-89-11-76 11-88 89
99

11 99-11*86 11-98
12*07-11-92 1206
11*74-11*60 11*74
11*25-11*11 11*24
11*00- —
10 99
10*90-10 89 10*97
11*00- —

—
—

25
t
99
_

11-80
Firm.

Steady.

12e.
tile.
Short notices for April: Monday, 11*75; Tuesday, 11*79. Short notices
for May: Tuesday, 11*83® 11*82; Wednesday, 11*76® 11*72; Friday,
11*68.
*

Cotton,

as

made up by cable and

telegraph, is as follows. The Continental stocks are the figures
Saturday, but the totals for Great Britain ar.d the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (April 30), we add the item of
exports from the United States, including in it the exports of
Friday only.
of last

1880.
Stock at Liverpool

bales

714.000

35,800

Total Great Britain stock.

1879.

635,000
54,000

1878.
1877
887.000 1 ,124,000
11.750
44,500

749,^*00

689.000

898.750 1 ,168,500

82,«00

160,250

238.750

2,000

5,750

4.250

Stock at Barcelona

2,410
28,240

41,000

34,000

66.000

Stock at Hamburg
Stock at Bremen

3.600

4,500

7,500

15,000

35.900

26.750

43.000

69.500

19,400
2,100

49,500
7,500

68,000
11,000
6,750

23.750

14.500

421 750

472.250

Stock at Marseilles

a

Stock at Amsterdam

217,250

932,340

985.750 1,320,500 1 .610,750
216,000
211.000
301,000
405,000
490,000
304.000

Stock at Rotterdam

...

390

Stock at Antwerp

..

247.000

358,000
46,0 iO
593,877
113,368
11,000

Egypt,Brazil,&c.,afit for E’r’pe
Stock in United States ports ..
Stock in U, S. interior ports...

United Stf tes exports to-day..
Total visible supply

11*67
1168
11*09

Liverpool stock

11*70

Continental stocks

.

.

512,000
139,000

United States stock
J 59o.877
United States interior stocks. ./ 113,868
11.000
United States exports to-day.

1..12*03

800
400

ll v0

12*04

1,200

.11*83

700

11*85

1**1
11*82

21,000

32,000

429.329

545,415

46.495

65.430

100

6,000

7,000

American—

11*73

1,700

15,000

368.731
48.662

2,307,085 2,039,293 2,524,321 2 895.645

6,400.

1.100.

12.000

Of the above, the totals of American and other description are as follows:

American afloat for Europe...

.

January.

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

11*72

.

For

lri).
200
100

For December.

11*71

00

4,200

1,100

100

800.

...11*04
11*05

V0O

11*99
12*00
12*01

....

400

Total European stocks..

11*64
...ll*P5
11*06

800
700

11*03

296,750

300
^0
300

1.10 ».

10*97
11*00
1101
11*06
»1 *00

182.540

11*02
1103

...

300
400

Total continental ports....

100

8,8*0
1,000.
1,000.

1,300

11*00
11*01

.12*15

.12*10
.1217

11*60
11*61

.

2,800
1,900

12*13

11-58
11*60
.

100
300
ICC
100

U *94
10*95

11,800

.....

11*19
11*20

1,100.
4,500

200.

10*97
10*93

1/00,

27,500

ctg
10*85
10*87
io*88
11*89
10*90
.10*96

3 10
400

7,900

September.

700

11*98

5|lOO!...V.....H*871 lslooo..'.’*.'.*’.,’!l2-05

800

Bales.

Stock at other conti’utal ports.

11*.4
11*75
11 70
.11*77
11*78
.11*79

12*02'

1!*2“
11*24

J00
900

Ots.
...10*90
10*91
10*98
10*93

43,750
4,750
3,750
10,000

12 08
12*03
12*10
.1*2*11

208,700

August.

;r-9

11*21
11*25

3,100

India cotton afloat for Europe.
Amer’n cotton afloat for Biir’pe

.12*10

11*05
,1!1)6

11*83
11—4
li*85

..li**4

7.400.

Cts.
.12-06

8,000
6,3! i0
4,200
5,^»n
S',300
8,300.
10,000

..mo

,

8,1- 0.

Tor July.

3,00"

*‘1*'2I L200

®*!99—.11*85'
400.

6,100

..

Bales.

4,900.,

204,400

U-76.

"’SX

12,800
11,100
10,loO

12.700

11*64 '

3,600

11*78
1177
11*18
11*79
11*80
11*81
11*82
1»*83
11*84
11*85
1»*8*
.11*81

7,400
1,600
8,000
*
,900
13, 00

:

Cts.
..11*88

2,700

11*73
11*74
...11*75

4,tf 0

2,600

Bales.

2,100

800
100
200
100
300
400.
800
100

Jl-l0

Stock at Havre

_

11*23

11*00

200
400

For forward delivery the sales have reached during the week
754,100 bales (all middling or on the basis of middling), and the

statement of the sales and prices

Bales.

.11*21

60-»

For October.
11*05
800
100
11*01
200
1107
100
U*0<

8tock at London

a

Cts.

1,900

86,900

The daily deliveries given above are actually delivered the day pre¬
vious to that on which tuev are reported.

following is

Bales.

The Visible Supply of

SALKS OP SPOT AMD TRANSIT.

SPOT MARKET
CLOSED.

Cts.
1To7

200

Frl.

915i0 915i6 915i« 91516 915i6 915,0
107,0 107.6 107,0 107,0 10710 107,0

Sat.

Good Ordinary
Strict Good Ordinary
Low Middling

Til.

9!5i0
107ie
10151Q
H3l0
11»10

Bales.

469

.,

358.000

.

.

Total American
Liverpool stock
Continental stocks
India afloat for Europe

514,000
253,000
405,000
368,781

48,662
100

662,000
370,000
490,000
429.329

46,495
6,000

727.000

397,000
304,000
545,415
65.480

7,000

.1,732.745 1,589.543 *2,003,824 2.045.895
.

.

.

202.000
35.800

43,540
247,000

121,000
54,000
43.750

22\<>* 0
11,7:0
51,750

397.000
44.500
75.1:50

216,000

211,000

301,000

o

THE CHRONICLE.
1880.

1879.

1878.

1877.

46,000

15,000

21,000

32,000

East Indian, Brazil, dkc.—

Egypt, Brazil, &c., afloat

fol.jxx.

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

the plantations since Sept. 1 in

1879-80 were 4,835,720 bales; in 1878-79 were 4,390,317 bales; in
1877-78 were 4,172,871 bales.
2. That although the receipts at the out ports the past week

849,750
2,045,895
Total visible supply
2,307,085 2,039,293 2,524.324 2,895.645 were 30,858 bales, the actual movement from plantations was
Frioe Mid. Upl., Liverpool....
6*316d.
6581.
57ed.
578fb only 14,076 bales, the balance being drawn from stocks at the
The above figures indicate an increase in the cotton in sight to¬ interior ports.
Last year the receipts from the plantations for the
same week were 13,951 bates, and for 1878 they were 17,604 bales.
night of 267,792 bales as compared with the same date of 1879,
a decrease of 217,239 bales as compared with the corresponding
Weather Reports by Telegraph.—Considerable rain has
date of 1878, and a decrease of 588,560 bales as compared with 1877*
fallen the past week at most points reported, but no harm to
In the preceding visible supply table we have heretofore only
crops has resulted.
In Texas the cotton is now all planted and
included the interior stocks at the 7 original interior towns
As we did not have the record of the new interior towns for the the rain has been very beneficial.
four years, we could not make a comparison in any other way.
Galveston, Texas.—We have had delightful showers on threeThat difficulty no longer exists, and we therefore make the fol¬
days the past week, and the indications are that they extended over
lowing comparison, which includes the stocks at the 19 towns
given weekly in our table of interior stocks instead of only the nearly the whole State and have proven very beneficial. A storm,
We shall continue this double statement for a on Wednesday and Thursday traversed the State from north toold 7 towns.
time but finally shall simply substitute the 19 towns for the 7 south, doing much damage to buildings and fences; but crops aro
towns in the preceding table.
unhurt.
Locally there was no damage of any sort done. The
Americanr1880.
1879.
1878.
1877
Liverpool stock
bales 512,000 514,000 062,000 727,000 thermometer has averaged 75, the highest being 81 and the
Continental stocks
139,000 253,000 370,000 397,000
American afloat to Europe
358,000 405,000 490,000 304,000 lowest 63. The rainfall for the week is one inch and eighteen
United States stock
598.S77 368,781 429,329 545,415 hundredths, and for the month one inch and forty-one hundredths..
United States interior stocks.. 204,154
78,962
75,550 107,534
United States exports to-day..
11,000
100
6,000
7,000 Planting finished’ everywhere.
Indianda, Texas.—There have been drizzles during the week
itotal American
1,823,031 1,619,843 2,032,879 2,087,949
on
five days and a high wind on one day, but no serious damage
East Indian, Brazil, dkc.—
Liverpool stock
202,000 121,000 225,000 397,000 has been done. Crops doing well. The thermometer has ranged
London stock
54,000
11,750
44,500
35,800
Continental stocks
43,750
51,750
75,250 from 63 to 84, averaging 73. The rainfall is thirty-one hun¬
43,540
India afloat for Europe
247,000 216,000 211,000 301,000 dredths of an inch. The rainfall for the month of April is fortyEgypt, Brazil, <fec., afloat
46,000
15,000
21,000
32,000
574,340 449,750 . 520,500
1,732,745 1,589,543 2,003,824

Total East India. &c
Total American.

574,340 449,750 520,500 849,750
1,823,031 1,619,843 2.032,879 2,087,949

Total East India, &c
Total American

2,397,371 2,069,593 2,553,379 2,937,699
figures indicate an increase in the cotton in sight to-night
of 327,778 bales as compared with the same date of 1879. a
decrease of 156,008 bales as compared with the corresponding date
of 1878, and a decrease of 540,328 bales as compared with 1877.
At the Interior Ports the movement—that is the receipts
and shipments for the week, and stocks to-night, and for the
corresponding week of 1879—is set out in detail in the following
Total visible supply

,

These

statement:
Week ending

April 30, ’80.

Receipts Shipm’ts
Augusta, Ga
Columbus, Ga....
Macon, Ga
Montgomery* Ala

Selma, Ala

1,008

5,181
4,289
1,008

2,273

71,444
11,607

2,136

3.826

156

792

31,397
2,672

12,753 113,868

3,953

7,570

48,662

76
125

1,468
6,765

346
94
30
29
229
348
198

904
485

133
300
265
852
86
386
250

65
583

1,405

124
89
909
838

9,499
476

Total, old ports.

2,860

Dallas,Texas....

95
75
420
293
15
30
5
71
149
97

Gplumbus, Miss..
Eufaula, Ala
Griffin, Ga
Atlanta, Ga
Rome, Ga
Charlotte, N. C..
St. Louis, Mo

240
324
34
875
188

412

....

359

..

Receipts Shipm’te Stock.

920

636
810

1,445

Jefterson, Tex.x..
Shreveport, La
Yicksburg, Miss..

ending May 2,’79.

12,817
8,208
1,850
5,669

451
163
44
164
234

Nashville, Tenn..

Memphis, Tenn..

Stock.

Week

200

2,281
943

9,241

3,660
1,187

20

437
347
708
452

2,863
1,252

2,164
950
209

834

220
14
185
199
247

4,586

2,099

201
266

686

3,294
4,593

4,684
3,713

13,814

225

656

2,439

6,154

55,285

Cincinnati, O....

2,304

3,848

7,867

Total, new p’rts

5,993

12,882

90,286

10,732

15,722

30,300

Total, all

8,853

25,635 204,154

14,685

23,292

78,962

*

This year’s

The above

8,015

totals show that the old

interior stocks have de¬

prom

the

Plantations.—The following table is

inch.

Gorsicana, Texas.—It has rained splendidly on four days. We
have had an unusually severe storm this week, and, although no

damage has been done to crops, considerable injury has
inflicted on buildings and fences. Crop prospects are good,

serious
been

planting is about completed in this vicinity. Average ther¬
71, highest 89 and lowest 52. The rainfall has reached
two inches and eighteen hundredths. The rainfall for the month
is five inches and eignty-seven hundredths.
Dallas, Texas.—We have had rain on four days during the
week, the rainfall reaching one inch and five hundredths, which,
although very welcome, was hardly enough. A wind storm
which visited this place the past week blew down some build¬
ings and fences, but otherwise did no serious damage. We have
abjut finished planting in this neighborhood, more land having
been given to cotton this year than last.
Young crops doing
well.
The thermometer has averaged 71, the highest being 89,
During the month of April the rainfall
and the lowest 52.
reached one inch and fifty hundredths.
Brenham, Texas— Rain has fallen on three days the past week,
with a rainfall of one inch and fifty hundredths, and has been very
and

mometer

beneficial, but was unfortunately accompanied
which demolished some buildings and much

by a wind storm,
fencing.

Young

unhurt and doing well. Planters in this vicinity have
given increased land to cotton this year. The thermometer has
ranged from 55 to 85, averaging 70. '1 he rainfall for the past
crops

month is two inches.

"

Louisiana.—It has rained during the week on
two days, with a rainfall of forty hundredths of an inch.
The
thermometer has averaged 76.
New Orleans,

Shreveport,

figures estimated.

creased during the week 9,893 bales, and are to-night 65,206 bales
more than at the same period last yeai.
The receipts at the same
towns have been 1,093 bales less than the same week last year.
Receipts

nine hundredths of an

Louisiana.—The heavy rains of the fore and

latter

parts of the week have put the roads in a very bad condition.
Average thermometer during the week 70, highest .84
lowest 56.
The rainfall has reached three inches and eighty-

and

eight hundredths.
on

Vicksburg, Mississippi.—Rain
three days.

has fallen during the past

week

prepared for the purpose of indicating actual movement each
Columbus, Mississippi.—We have had an unusually severe storm
week from the plantations.
Receipts at the outports are some¬ this week. Rain has fallen on five days to a depth of four
times misleading, as they are made up more largely one year inches and
fifty-four hundredths. The thermometer has averaged
than another, at the expense of the interior stocks.
We reach, 72, the highest being 77 and the lowest 67. During the month
therefore, a safer conclusion through a comparative statement of April the rainfall reached ten inches and twenty-hundredths.
like the following.
In reply to frequent inquiries we will add
Little Bock, Arkansas.—We have had acceptable showers on
that these figures, of course, do not include overland receipts or five
days of the past week, with hard rain one night; the
Southern consumption; they are simply a statement of the
remaining two days have been clear, but the weather is quite
weekly movement from the plantations, of that part of the crop cool for the season. Thermometer—highest 83, lowest 48, and
which finally reaches the market through the out-ports.
average 65. Rainfall for the week, two inches and thirty-eight
RECEIPTS FROM PLANTATIONS.
hundredths. Thermometer for April: highest 92, lowest 40,
average 64.
Rainfall during the month, four inches and fiftyWeek
Receipts at the Ports. Stock at Inter’r Ports Rec’ptsfrom Plant’ns
six hundredths, with rain on fourteen days.
ending—
1880.
1878.
1879.
1880.
1879.
1878.
1880.
1879.
1878.
Nashville, Tennessee.—It has rained on three days the past
week, the rainfall reaching one inch and forty-seven hundredths.
120,090 150,841 119,854 233,103 190,765 345,975 112,485 127,489 107,913
Yeb. 13
The thermometer has averaged 67, the highest being 87 and the
20
109,736 134,328 115,307 226.085 182,246 327,084 103,318 125.809 90,41f
'

*4

II

10

u

23

94,349 110,047 102,995
90,947 83,266 78,451
82,264 78,490 04,368
75,723 60,202 49,611
65,470 60,098 53,419
59,886 54,283 47,393
51,391 44,851 37,323
39,010 40,187 38,910
38,858 30,183 38,714

M

30

31.1961

ftl

Mar.

27
5

•«

12

•1

28

19

Apr.

2

Aft

9




22.283

30 85^

210,935 170,438 310,972 78,599
192,465 165,619 303,279 72,477
109,636 159,418 289,996 59,435
146,653 141,012 281,047 52,740
131,795 131,463 266,120 50,012
119,991 118,879 259,223 48,082
108,633 107,005 252,495 40,033
95,979 91,960 238,550 26,362
89,142 87,294 220,930 32,019

98,239
78,447
72,289
42,396
50,549
39,099
34,977
25,148
31,511

92,883

lowest 45.

64,758

17.604

13.951

14.070

Memphis, Tennessee.—Telegram not received.
Mobile, Alabama.—It has been showery one day, and we have
had an unusually severe storm on one day during the week, the
rainfall reaching ninety-three hundredths of an inch.. Crop
accounts are less favorable.
We are having too much rein, but
no serious damage has been done.
The thermometer has ranged
from 64 to 85, averaging 74.
The rainf&U for the past month
two inches and ninety-nine hundredths.

75.550

78.962 204,154

51,095

40,062
38,492
40,496

30,595
24,971

19,094

"

THE

1880.]

Mat 1,

r

'

a

this point on three;
rainfall reaching ninety-six hun¬
72, highest 83 and
the lowest 58.
We are having too much rain, and the weather
has been too cold.
Selma, Alabama.—We have had heavy rains on three days the
rained

Montgomery, Alabama.—It has
at
days during the week, the
dredths of an inch. Average thermometer

April 30 the receipts at the
ports this year were 330,889 bales more than in 1878-79 and
539,077 bales more than at the same time in 1877-78. By adding
to the totals to April 30 the daily receipts since that time,
we shall be able to reach an exact comparison of the move¬

and the weather has

past week. We are having too much rain,
been too cold.
Madison, Florida.—It has rained on one day during the week.
The thermometer has ranged from 63 to 92, averaging 77.
Planting is about completed in this neighborhood.

during the week on two

Georgia.—Rain has fallen

Macon,

hundredths; but

the rainfall reaching two inches and three
The thermometer
the balance of the week has been pleasant.
has averaged 72, the highest being 85 and the lowest 58.
The
rainfall for the month is four inches and thirty-five hundredths.
Columbus, Georgia.—We have had rain during the week on
one day, with a rainfall of fifty hundredths of an inch.
Average
thermometer -71, highest 80 and the lowest 60.
The rainfall
for the month of April is four inches and fifty-six hundredths.
Savannah. Georgia.—We have had rain on three days, with a
rainfall of eighty-four hundredths of an inch, but the balance of
the week has been pleasant.
The Thermometer has averaged

days,

75, with an extreme range

3,757,682 3,185,484
Tot.Mr.31 4,480,842 4,140,519 3,901,825 3,734,592
44

2....

“

3....

44

5....

44

6....

“

7....

44

8....

44

9....

“

10....

44

11....

14

12....

44

13....

Comparative
A
as

Port Receipts and

14....

44

15....

••

17....

44

18....

of

we’k leans.

Mo¬

bile.

196

406

975

514

261

1,290

936

36

421

180

85

592

2,129

43

735

85

781

322

590

104

249

92

648
320

3,793

200

Tbnr

Fri:.
Tot.

folk.

569

1,558
Moh 4,175
Tuea 1,420

6at.

Wed

Nor¬

592

*

194

2,577

432

107

178

48

12,449

1,407

2,540

1,149

2,702

The movement each

Monthly
Receipts.

Sept’mb’r
October..

Novemb’r
Decemb’r

January.
February.
March...

April....

333,643
888,492
942,272
956,464
647,140
447,918
264,913
158,025

1878.

288,848
689,264
779,237

893,664
618,727
566,824
303,955
167,459

4

1,232

....

909

28
•

•

98,491
578,533
822,493
900,119
689,610
472,054
340,525
197,965

•

•

46
....

78

926

1876.

236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,194

receipts April 30..




96*36

94-34

94*96

28....

4,350

6,484
4,910
7,987
5,557

8.

4,026

...

3,272

30....

4,832

3,395

4,433

6,441

8.

5,973

8.

4,406

10.675

4,484
2,347
2,641

6,138
6,639
5,112
6,987
4,782

8.

3,512
7,450
2,563

3,270

29

10,114

s.,
5,136

8.

6,759
5,231

2,579
4,682
1,561
2,724
4,995
5,923
3,075
7,402
3,064

8.

1,502

6,478
3,714
8.

2,680
'

7,474
4,190

8.

6,077
3,469
3,897
2,843
3,426
2,327

4,698
2,865

8.

9,090
4,948
4,646
3,346
11,269
5,519

8.

10,104
6,189
6,008
3,285
6,374
2,983

8.

4,640

8,379
4,547
3,592
3,478
5,184
2,956
3,097

•

8.

4,643
3,932
4,375
3,141
4,447

6,740

30,858

.

since Sept. 1 up to
to-night are now 330,889 bales more than they were to the same
day of the month in 1879, and 539,077 bales more than they
were to the same day of the month in 1878.
We add to the last
table the percentages of total port receipts which had been
shows that the receipts

named.

30 in each of the years

received to April

Ports.—The figures
which are now collected for us, and forwarded by cable each
Friday, of the shipments from Calcutta, Madras, Tuticorin, Carwar, &c., enable us, in connection with our previously-received
report from Bombay, to furnish our readers with a full and
•omplete India movement for each week. We first give the
Bombay statement for the week and year, bringing the figures

5,021
3,272
4,832

India Cotton

down to

Great
Conti¬
Total. Britain.
Brit’n. nent.

1880 12,000 37,000 49,000
1879 5,000 25,000 30,000
1878 6,000 16,000 22,000
1877 10,000 38,000 48,000

FOR FOUR YEARS.

Shipments since Jan.

Year Great

Conti¬

1.

Total.

nent.

169,000 229,000
114,000 163,000
194,000 264,000
236,000 232,000

398,000
277,000
458,000
468,000

Receipts.

■

Since
Jan. 1.

This
Week.

60,000
44,000

36,000
58,000

625,000
442,000
572,000
702,000

According to the foregoing, Bombay appears to show an increase
compared with last year in the week’s receipts of 14,000
an increase in shipments of 19,000 bales, and the shipments since
January 1 show an increase of 121,000 bales. The movement at
Calcutta, Madras, Tuticorin, Car war, &c. for the same week
years has been as follows.
CALCUTTA, MADRAS, TUTICORIN, CARWAR, RANGOON AND KURRACHBE.
Shipments since January 1.
Shipments this week.

bales, and

and

Year.

444,052
383,324
251,433
133,598

RECEIPTS AND SHIPMENTS

Shipments this week

1874.

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

Movement prom all

April 29.
BOMBAY

1.
169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593

5,707

6,243
4,541

This statement

5,110
8,677
3,916

1,349
1,170

1875.

5.199

8.

8,677
3,916
5,021

3,164

8.

8,578
8,487
6,045
4,485
7,523
5,319

3,319,082
4,638,867 4,307,978 4,099,790 3,834,786 3,921,275
Percentage of total
94*91
93*56
94*96
94*34
96*89
p’rtreo’pts Apr. 30

3,921,275 3,319,082
4,638,867 4,307,978 4,099,790 3,834,786
Pero’tage of tot. port
94*91
93*56

Tot Ap.30

27....

Total

Total.

.

26....

44

44

is the

1,154

44

44

been as follows:

Beginning September
1877.

All

25....

15,839
7,094
9,576

2,794

7,629

10,014

8.

6,277
4,836
3,083
4,915

8.

8,081
6,566

9,106
4,423

8.

..

5,140

ton.

month since Sept. 1 has
Year

1879.

Wil¬

ming¬ others.

8.

24....

44

Daily Crop Movement.—

Char¬ Savan¬ Galleston. nah. vest’n.

9,905
7,353
5,696
4,746
6,054
6,299

5,311

8.

11,515
9,724
9,790
4,729
9,816
6,299

4,505
5,976
5,160

8,735

8.

8.

6,862
7,649
6,885

S.

44
44

9,834
6,649
5,114
14,158
5,817

5,156

6,260

We have

New
Or¬

5,264
4,717

23....

21....

5,570
6,785
11,236
8.

22....

44

15,764

10,317
9,222
5,310

44

20....

9,393

5,491

8,237
6,338
6,243

44

19....

44

consequently added to our other standing
tables a daily and monthly statement, that the reader may con¬
stantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week ending to-night.
PORT RECEIPTS FROM SATURDAY, APR. 24, ’80, TO FRIDAY, APR. 30, ’80.
D*ys

S.

9,291
3,378
5,846
5,640

44

comparison of the port movement by weeks is not accurate,
the weeks in different years do not end on the same day of the

month.

6,524

16....

44

For ordinary

but for standard qualities 3fc.

grades holders ask 3fc.,
lowest we hear named.

44

..

1,500 bales at full prices.

transactions are about

.

4....

44

4
7
12
Memphis
Above low-water mark... 24
6
17
40
Nashville
Above low-water mark... 15
0
12
Shreveport
Above low-water mark... 16
8
1
9
Above low-water mark... 41
Vicksburg.
10
33
3
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when tkq zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
1871, or 16 feet above low-water mark at that point.
Gunny Bags, Bagging, Etc.—Bagging has not changed in
price, and the market continues in the same position noted in our
last. The demand is of a jobbing character, but more inquiry is
reported, with fair parcels moving, and nothing to be had below
10Jc. for'If lbs., llic. for 2 lbs. and life, for standard quality.
Butts are in fair request, but no large lots are reported.
The
Below high-water mark

New Orleans

5,922
8,298

Apr. 1

May 1. ’79.
Feet. Inch.

Inoh.

Feet.

1874-75.

1875-76.

1876-77.

1877-78.

1878-79.

1879-80.

general) four days
reaching two inches
has been clear
highest 88 and lowest
points
chop¬
showers
seventy-two hun¬
averaged 73, the
highest being 87 and the lowest 52.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
April 29, ’80.

the different years.

ment for

of 63 to 88.

1, 1879.

that up to

This statement shows

Augusta, Georgia.— It rained (heavy and
on
the earlier part of the past week, the rainfall
and ninety-one hundredths, but the latter portion
and pleasant.
Average thermometer 70,
54. Planting in this section is nearly completed. At some
we have secured a good stand of cotton, and planters are
ping out. Accounts very favorable. .
Charleston, South Carolina.—There have been heavy
on one day the past week, the rainfall reaching
dredths of an inch. The thermometer has

April 29, 1880, and May

471

CHRONICLE.

Great
Britain.

Conti¬
nent.

6,000
7,000

3,000
4,000

11,000

18,000

33,000

1880.-.
1879........
1878
1877

The above

15,000

totals for this

Total.

9,000

Great
Britain.

124,000
70,000

15,000
59,000

Conti¬

Total. •

nent.

36,000
49,000
34,000
24,000

;

160,000
119,000
49,000

83,000

week show that the movement

from

than Bombay is 2,000 bales less than same week
For the whole of India, therefore, the total
shipments this week and since January 1, 1880, and for
corresponding weeks and periods of the two previous years, ar%

the ports other
of last year.

as

follows.

the

THE CHRONICLE.

472

Shipping News.—The

BXPORT8 TO EUROPE FROM ALL INDIA.

from—

Bombay
All other

p*rts

Total

Since '

Since
Jan. 1.

This
week.

Jan. 1.

277,000
! 19,000

22,000

458,000

11.000

41,000

396,000

22,000

This

This
week.

Since
Jan. 1.

49,000
9,000

398,000
160,000

30,000

58,000

558,000

week.

This last statement affords a very interesting
total movement for the week ending April 29,

49,000
507,000

comparison of the
and for the three

Alexandria Receipts and Shipments.—Through arrange¬
ments we have made with Messrs. Davies, Benachi & Co., of

Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt.
The following
are the receipts and shipments the past week and for the corre¬
sponding weeks of the previous two years.
Alexandria, Egypt,

This week....
Since Sept. 1

Exports (bales)—
To Liverpool
To Continent
Total Europe

This
week.

Since

This
week.

1,000
2,551,000

3,000
1,564,000

3,199,000
Sept. 1.

Since

Sept. 1.

This
week.

Since

Sept. 1.

1,700 282,450
3,451 169,204

1,000 157,000
2,000

1,000 226,000
5,000 176,000

5,151 451,654

3,000

230,500'

6,000 402,000

73,500|

A cantar is 98 lbs.

This statement shows that the

receipts for the week ending
cantars, and the shipments to all Europe

Manchester Market.—Our report received from Manchester
April 30 states that the market for twists and shirtings was
weaker ahd inactive.
We give the prices of to-day below, and
leave previous weeks’ prices for comparison.
1878-79.

1879-80.

Shirtings.

d.

d.

Cott’n
32s Cop.
Mid.
Twist.

8*4 lbs.

32s Cop.
Twist.

d.
9
9
6

8.

d.
9
9
3
3
3
3

s.

..

The Exports

of

..

.

.

d.

d.

Cott’n

8*4 lbs.

Mid.

Shirtings.

Uplds

Uplds

d.
6

d.

53a

55l6

7^16

7*2@8*4 5

d.
s.
3
®7

73a
730
7*4
738
7*4
7*4

7 38® 8 *8

1*2®7

4*2

0
3

4*2

59ifl

6
6

5*316

7*2

6*8
63q
63s
6*2

d.

®8
7
7
@8
5 11383/12
®8
12 Ll*4®1134 7
“
19 11 ® 11 *2 7
4*2 2)8
“
26 11 ®11*2 7
4*2®8
April 2 11 -2)1110 7 4*22)8
“
®
®
9
“
7
16 10*2®11
1*2®8 0
“
23 103s@ lO^e 7 0 -2>8 0
30 10*^10% 6 10*q®7 10*2

Feby.27 1138®12

Mar.

8.

D

738® 8*8 5

758®8*4 5
7 78 ® 8 3q 5
8*4@83s 5
5
83s®9
8 *2®9*8 5

7

6l&i<? 8^8® 9*4 5
6* 3m 878®9*2 5

®7
®7

4*2®7
6
6

®7
®7

7*2®7
7*2®7
9

3

9
9

®7 10*2

York this week

Cotton from New

538

enow an

increase, as compared with last week, the total reaching 21,308
bales, against 14,671 bales last week. Below we give our usual
table showing the exports of cotton from New York, and their
direction, for ea'di of the last four weeks; also the total exports
and direction since Sept. 1, 1879, and in the last column the total
for the

same

period of the previous

year.
York since Sept. 1,1879.

Exports of Cotton (bales) from New

Same
Total to period
date.
previ’us

Week ending—

Exported to—

Apr.

Apr.

Apr.

Apr.

7.

14.

21.

28.

year.

Other British ports...

7,153 13,712 14,198 17,714 307,843 207,345
1,263
8,269
4,812

Total to Great Britain

7,153 13,712 14,198

Liverpool

20,116

11,860
100

Other French ports
473

Total French
Bremen and Hanover

....

Hamburg
Other ports
Total to North. Europe

198

20,116

302
300
199

1,723

801

2,323

600

11,960

25,035
14,051
2,523

13,708

41,609

18,745

2,202

Spain, Op’rto, Gibralt’r,&c
All other

3,206

Total Spain, &c

3,206

7,464 14,513 14,671 21,308 381,043 218,472

Grand Total

The Following are the Receipts of Cotton at New

York,
Boston, Philadelphia and Baltimore for the past week, and since
September 1, 1879:
from—

New York.

Philadelphia.

Boston.

Since

Sept. 1.

This
week.

3.013

350

Since

Sept. 1.

This
week.

97.756

176,056

Since

This

Sept.l. week. Sept. 1.

2.575
8 14,938

....

Foreign..
This year.
Last

vear

72
42
263
13

5,650
101,355
40,017
197,132
6,059

2,566 185.690
424

957

57,552




31
....

49.504
1 324 131.663

1,100

728 137.312

......

......

......

....

™

^

^

65
.....

.

10,890
10,202

73,759
462

4

299

229
35
832

58,009

15,0u0

307 81,766

2,053 167,805

3,438

9.948 975,168
I2.412 81

......

3,152 382.954

2.217* 10.9

1.618

79.082

2,025

Iberian, 362—Palestine, 905
Liverpool, per steamers British Crown,
880....Indiana, 400

thou, 300

4,893
2,468

1,875

Philadelphia—To

Total

The

form,

1,280
55,061

.

particulars of these shipments, arranged in our usual
are as

follows:
Liver¬
Hull.

pool.
17,714

New York
N. Orleans

1,263

Bremen
& Ham- BarceHavre, buiur.
Iona. Malaga.
8 2,323

3,244

25,802
4,513

Mobile....
Savannah

1,296

5,049

2,000

Vera

Cruz.
1,277

2,025

2,025
4,893
Baltimore
2,468
Boston....
1,875
Philadelphia 1,280

4,893
2,468
1,875
1,280
1,263

Total.... 60,570

Below

we

Total.

21,308
38,668
4,513
2,025
2,025

Texas
Norfolk...

give all

news

3,252

1,296 2,000

9,397

1,277

79,055

received to date of disasters to vessels

carrying cotton from United States ports, etc.:
Lomond, steamer (Br), Brook, from New Orleans for Rouen,
into Dartmouth, April 19, with loss of spars, &c., arrived
at Rouen April 23.
Irene Morris, steamer (Br.), Moffet, from Charleston, whioli put into
Baltic port and discharged part of her cargo damaged by fire,
arrived at Reval April 21.
William Burkitt, steamer (Br.), from Savannah for Roval, before
reported, arrived at Reval April 20.
Iron Cross, ship (Br.)—A lire was discovered at 9 P. M.f April 22, in the
second deck forward hatch of ship Iron Cross, (Br.) at New Orleans,
for Liverpool, with 1,400 bales cotton on board. The ship was
filled with water. The fire is supposed to have been the work of
an incendiary.
Themis, bark (Br.), from Savannah for Bremen, before reported at
Cadiz, &c., had effected temporary repairs, and was to proceed
April 7 for her destination.
Ben

which put

Cotton

freights the past week have been

.c.

*2
*2®^*

*2
*2'&58*

*2
*2® 58*'

c.

*2®910

*2@916

*2®916

Hamburg, steam.c.

*2® ®8*

sail

c.

Bremen, steam,
Do
Do

sail

8all...c.

Baltic, steam
sail.

*

d.
d.

•

Fri.

*fl®

*2®

*2®

*2@916

*2®916

*2®916

*2® ?8*

*2®

*2® ®S*

l2®918

*2®916

*2® ®8*

*2® ®8*

*2® ^8*

*2®916

*2®916

*2®916
®8

®16® ®8

...®....

®....

..

Thurs.

®8

*8

Amst’d’m, steam.e.

Do

*12®
*2

sail..\c.

follows:

*4®932 *4@932 *4®932
14®1764 34®1764 *4®1764

Liverpool, steam d. 932®B10 932®516 932®316
Do
sail...ef. *4'#17 64 *4®1764 34®1764
Havre, steam
c.
*2®916* *2®916*
Do

as

Wednes.

Tues.

Mon.

Satur.

3&®l332 38®1332 **8® *332 38®1332 38®1S32 38®1382
516
932®516 *32®^ ®32®616
516
B10

Compressed.

Liverpool.—By cable from Liverpool we have the following
sales, stocks, &c., at that port:

statement of the week’s

April 9.

Sales of the week...,
hales.
Forwarded
Sales American
Of which exporters took ....
Of which speculators took..
Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American
Actual export
Amount afloat
Of which American

1,375 147,570

54,000
15,000

42,000
4,300
2,200
655,000
474,000
97,000
72,000

6,500
335,000
232,000

been

April 16.
44.500
23,000
35.500

April 23.
39,000
17,000
-

30,000

6,200

4,900

1,320
659,000

702,000

468.000

499,000

63,000
48,000
5,300
331,000
209,000

1,290
98,000

April 30.
42,000
24,000
32,000
3,800
1,510
714,000
512,000
77,000
65,000

75,000
7,200
319,000

322,000

182,000

179,000

6,100

for spots and futures each day cf the
ending April 30, and the daily closing prices of spot cotton, have

The tone of the Liverpool market
week

11 304.099

1,277
4,513
2,025

Mary lone, 2,463....

.

1,290
......

2,000

Baltimore—To Liverpool, per steamers Hibernian, (additional),
395
Carolina, 600
Sardinian, 649
Enrique, 824
Boston—To Liverpool, per steamers Minnesota, 308
Mara-

Since

Mobile

North, pts
Tenu., &c.

1,296

1,096.

Baltimore.

5,279

23,545
2,869
36,675

3,205 158,415

Virginia..

5,049

barks Paquete de Vendrell, 200... .Tita,

*

This
week.

'

To Malaga per schooner Mattie W. Atwood, 2,000
To Vera Cruz, per steamer City of Mexico, 1,277
Mobile—To Liverpool, per ship Northumbria, 4,513
Savannah -To Bremen, per bark Oluf Glas, 2,025Upland
Texas—To Liverpool, per bark Brenham, 2,025
Norfolk—To Liverpool, per barks William Oweu, 2,430

Do

5,610

600

Arcturus, 3,102
Adept
4,014....Prince Rupert, 4,771 25,802
To Havre, per ship Henry 8. Sanford
3,244
To Bremen, per ships Southern Chief, 4,490... .Annie Bingay,

2,835

5,610

17,714
1,263
8
1,723

2,177
To Hull, per steamer Otranto 1,263 —.... .:
To Havre, per steamer St. Laurent, 8 (additional)
To Bremen, per steamer Donau, 523
Hohenstaulen, 1,200
To Hamburg, per steamer Lessing, 600—
New Orleans—To Liverpool, per ships Birmingham, 5,392
Ella S. Thayer, 4,791
per barks E. T. G., 3,732

316,112 212,157

473

113

Havre

Receipts

Total bales.

Liverpool, per steamers City of New York, 2,213
Bothnia, 1,387
Wyoming, 3,100
City of Brussels,
1,628
Celtic, 989
Egypt, 2,270
Sirius, 2,203
per ships
Lady Palmerstone, l,747....Locksley Hall,

New York—To

--

April 29, were
were 5,151 bales.

to Wednesday

night of this week.

559
To Barcelona, per

Receipts (cantars*)—

*

include the manifests of all vessels cleared up

1878.

1879.

1880.

April 29.

'

past week, as per latest mail returns, have reached
79,055 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chronicle last Friday.
With regard to New York, we

date, at all India ports.

years up to

exports of cotton from the United

States the

1878.

1879.

1880r

Shipments
to all Europe

rvoi. xxx.

as

follows:

,

-

Spot.
Market,

THE CHRONICLE.

1880.]

Mat 1,

Saturday Monday. Tuesday. Wednes. Tliursd’y

Friday.

.

Dull

Mod. inq.

?

Dull.

and

Quiet

Firm.

Firmer.

freely

173

sold at 54@54%c. on the spot; but the close was at 53%c.
on the spot and 47c. for May, June and July.
White corn has
been in fair

supply, and sold at a little above the prices for
scarce and relatively dear. To-day No.
Mid. Upl’d8
7
7
678
6151Q
6«ie
6«ie
Mid. Orl’ns.
2 mixed was lower on the spot at 52^6@53c., but firmer for
Market. \
futures at 47%c. for May and 47%c. for June. Receipts at
5 p.m. \
Western markets have materially decreased.
6,000
6,000
8.000
7,000
10,000
5,000
1,000
500
1,000
1,000
1,000
1,090
gpec.&exp.
Rye has been in limited demand, but, the supply being small,
prices are maintained. To-day a boat-load of Canada sold at
”Futures.
Very
89c. for the first half of May.
Firm.
Market, l
Firm.
Steadier.
Firm.
Steady.
Barley has been in fair request,
steady.
5p.m. $
but as the end of the malting season approaches prices are
The actual sales of futures at Liverpool for the same week are given more or less nominal.
Oats have been declining for some days
^low. These sales are on the basis of Uplands, Low Middling clause,
past, but with considerable activity in spots and early futures;
unless otherwise stated.
Saturday.
No. 2 mixed selling largely for May at 38c.@38%c. The mar¬
d.
Delivery.
d.
d.
Delivery.
Delivery.
..02732®78 ket to-day was dull, with No. 2 graded quoted at 39%c. for
6i310 Sept.-Oct. 62B32® 13i0 June-July
12:30 P.M.J supplied.
678

678

61516

615i0

678

.

easier.

6L3i«

mixed; but yellow is

’

Ipril......
nr.-May . 62532®1310
^pr.-May

..

Oct.-Nov

..

6*2

April
A pr.-May
May-June

ay-Juue ..62B32®13i0
one-Juiy..
62532®13ie
ine-July.- o-°32®*3ie
oly-Aug ... 6’3i «@2732

ug.-Sept.. ..62732<a)78

62732®78
62 732 @ 78
62732

Sept.-Oct
Oct.-Nov

Delivery.

Delivery.
Oct.-Nov
Nov.-Dee

62732®78

6*2® *732

6^32
678
.62932
61&10
.678
62»32

62732® 78
..62732 May-June
.62732®7q July-Aug
t>78 • Aug.-Sept
Auff.-Sept.. ..678®2932 Sept.-Oct
Bept.-Oct... 6i316-2>2732 June-July

Apr.-Mav
May-June
june-July
july-Aug

t>78
62932
62732
6*732

July-Aug
Aug.-Sept

Monday,

Delive.y.

April

—

—

—

—

...

April
Apr.-May
May-June
June-July
July-Aug

62932
62932
6*5i8
63i3J
62932
62932

May-June

61Bi0 Juue-July
6i»ib July-Aug

6’Bie Aug.-Sept
Joly-Aug
63*32 Apr.-May
Aug.-Sept. '...63132'®7 April
8ept.-Oct... 62232® 1310 Apr.-May
Oct.-Nov
6®8® *®32 May-June
Not.-Dec
6*2
\ Aug.-Sept
June-July

67e

67s
6i5i6

Delivery.
62932
Sept.-Oct
62732
April-May
May-June
62732
June-July
67s
July-Aug
678
Apr.-May
6*3X0a,2732
62732
June-July

..

•

■

© ®

&•
r*

•

-

..

Aug.-Sept

67a®2932

®

5>

S3:

..

April
61310® %
Apr.-May
t»3*
May-June
6i3i0®^
June-July ..6*316@2532

July-Aug.. .62732/3>l:ii&
678®2732
6i3ie

8ept,-Oct

July-Aug.,'
Aug.-Sept
Sept.-Oct

6*316
62732
,...62532

6*B32
62bs2
62532
62B32

Oct.-Nov

April
Apr.-May
June-July
July-Aug

62b32

Thursday.

Delivery.

Delivery.

Aug.-Sept

6*2
638

Oct.-Nov
Nov.-Dee

Oct.-Nov

June-July

Aug.-Sept
Apr.-May
May-June
July'-Aug
Aug.-Sept

Delivery.
67a
Sept.-Oct
6^a>2332
Nov.-Dee
6bi6
6%
6%
6*3,6 May-Juue
•62o30
63332 July-Aug.
61316
62332 Aug.-Sept..
.....6%
Sept.-Oct..
63*
6%
62B32 Apr.-May

Delivery.
April....
63^@23g2

Delivery.
July-Aug

Apri-May

Aug.-Sept.. 6i3le'®2532

6 %® 23g2

Kay-June ....634®2332

June-July 62°32~%-2332

Sept.-Oct

Nov.-Dee

a o

•

•

>-*;

;

:

meal

63*
63i
6»i0

Delivery.
June-July
July-Aug

Sept.-Oct

6%

62b32
62332®

even

.

GOOD<1 X-

xo:

78,036159 ,13972 ,043.2 7,32 48
GC10

M

0:

:

05

O

■

•

3, 20 173,250

4

®^
a*
fcr
®

tO

WpO

WX3C<1
td MX — M
M tC 00 tO

QOCJob

to m •
<4OWt0 m:
X O; MOO 0.

Mb

w

tow X

O

o;oo w^i-v4

m: :
b>* •

m;

05

0:

:

©•

.

u
0

p

b co to b

OQ

Co to O
M Oi^OOX*-1

;

b*sibM

MOlWM*

wto^j<ibow p.

M M to O

<1100101;

MO 01 4-

05 01 too-

00 M Oi M M to
o» Oi 00
<1 X

©to

M

w

QD WPIM

00 <4

tow

M M <1 Oi C

to 00X01
MMtOX mmoim;

:

cc
«

;

:

•

....

;

o;

;

:

to-

00.

.

....

h-

:

:

W
T>

M*

;

:

bib.MGc b*

M*

•

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co;

:

to.

.

OO WM m;
05 m xo; o*

rc

>

:

*

:

•

3

0 0*

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01

w

mm B*

:

M

0
0

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:

as

c

OM

•

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w

w

cootooo P

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tO M M M 05 O M

r-CDCO

MOOOl om<i:
05 05^100 X wo-

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X
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to w

<1

ca

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;

•^Oto^l poo; COMOOOOppM
to^lbb b CO io • 00 to<tb O MO

to td
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to^4 XCJO

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ww
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x to

7+

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p-‘WtOOC
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xw<ib

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X 05 CO 05 GC

MMtOXMOOC

^jytGOM

ptooo, JOpjOpp Mj-t
wbocM *coom' bxM-bbbtc
MtO^lX
-•ixtow

O'QO-i;

OytQDMMOM
O OtO W M 05 M

XCOtO.

to to
GO W10 tO

towac©<iw as
toa woooo-vi
t-MMtOXM
MMXOOOtO

;

;

;

•
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arc too w*
05CPWX m

•

w

MMp
M<iytbbbc

:

-o;

xwmmw

pMODX

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Mj^tOMO

HI

05^ CO OHOftWH

P
B —
o <

MOT
M^WOtO
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fC tO 4- CO
toooo
to 05 05 to to -Jjf- COW 0)00

w

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to

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„

_

...

May and $1,22% for June; $1 22 for
No. 2 white on the spot, $1 20/6 for May and $1 20 for June,
and about $1 21 for No. 2
spring. To-day there was a decided
recovery, with sales of futures, including No. 2 red winter, at
|1 27% for May, and $1 25% for June. After ’Change the
market further improved, with sales of No. 2 red winter at
fl 28 for May and $1 26 for June.
Indian corn was advanced on the spot, owing to the break in
the Erie Canal near
Utica, and on Wednesday No. 2 mixed

g

^4 p

o®
1I

•

°
*-J
e+

CM4-HHOI M

W;
O'

<J05
QOCt<IX

mo

OppM

m; K>pv-*p_to_—
Jo* xccboMb

WM05X
<1^4 tO tO

05;
yi.

xxxo;mcr.
oy*• 0005x

M

Or COO M CO ^
CD 05 CO CO 05 00 r

lo

*3*

bbbo'*'-'QC<41^

W

bw

M

XXQOtO

pwxp
blocox

•

*

00

;

;

tow;

to

3*

.

.

CO M *

*

to*-*to*

to
<x

®

xooi;
COOl©.

M

XO WM :

:

mm;

;

^4 — 00 05

.

00 05.

.

.

m

<iwoccc5<i3
WtO W<] f 05

to <-*

M *J* tO M

H

M

tMOM®

to

05.
co.

O to05
MMCOQDO'MQD
to ‘.X M M
QC — CO M M 05
O M <l go yt ac to co co m m

•

to: *•

-1 o

.

P
3

2

Mb M m Vocn

uiOiw-4Mwy*wcooto
ooccooccwo>too«cccoco

to;
05.

MM

o
r+

05 MOO CO

CO

MM

tO; ;

and firmer.

values, but with only temporary and partial results.
The business yesterday was down to $1 26 for No. 2 red winter

<rt-

t-1 M 35 <1 OMl^CCHtOM
CO Or CO Cn CO e nr i—* os o co to

re¬

course of

o
M

M

OD

the spot, $1 24% for

1,63794 634,92 126,14 4,89065

cr

pc

o

a




•

*

X

OOUOOC

M

falling off in the demand from the Continent. Spring
growths, being wanted to some extent for the English markets,
have been better supported, yet are somewhat lower. There
hare been strong speculative efforts to check the downward

°n

3

oo: :

M

M
tC
0(0 WM

w

■66

The wheat market shows a material decline in winter growths,

wing to

w:

:

OXOM b b* 05 b •
WOMO W WOO 01;
MCJ1-1X 00OMO*

when offered at

o

•

to*

I

.

p-p-:

:

quite irregular.

dull of sale,

are scarce

®

wo:

00:

i

*

.

X; W; ;

*rt

^00

•

Oi

»

33:
o
w

to

S;

p. 00 QD

SS:

09

:

—

P.P.COO

r—■

.

f-j

g-d

P r pr

MM

<100-

Patents have also been scarce and higher.
To-day the market was dull and prices barely sustained. Rye
corn

® ®

O

.

ductions in prices.
flour and

®

1—

MM-

There was a
better demand from the Provinces for the best grades, and
these were found to be scarce; consequently there was a marked
advance in prices* especially for choice No. 2 and superfine.
Common shipping extras also did better, but medium extras
were

s.

c;

cow:

Friday, P. M., April 30, 1880.

from winter wheat

B

ei-

:
:

p*p*.

2 S

8*

:

>—

®

p*

? ? B-p*

O

W

i

:

BREADSTUPFS.
The flour market lias been

c
®
<rt-

O' M "1 <1

Friday.

.....

■

Delivery.

Delivery.

April
61316
Apr.-May
62B32®13ie
May-June
...62B32
June-July
61310
July-Aug
62732
Aug.-Sept.... 62732® 78

S-ggWr-POBg-BK:

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o

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<1GD •

00-30.

Delivery.

8

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m

Wednesday.

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0,0.

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BBSS
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Delivery.

61^0

April
Apr.-May
May-Juue

oooo
ctctc+tt

c t

Tuesday.

Delivei'y.

Statement of exports of domestic breadstuffs from
mentioned customs districts of the United States,

the under¬
during the
month of March, 1880, and the nine months ended the same, as
compared with similar exports during the corresponding months
62232
62932 of the previous fiscal year:
6iBie
6iBie
6i5i6
63i32
62932

Aug.-Sept
Sept.-Oct

mixed and 46c. for white.

*

®

® M

■eft
tOM

w

to
MCCM

o.

MtOM'Vt'VjVtCO

<lCOtOtOOOMtOQD—‘t—W

w.

=J O

pi*^

p-S*

to X CO -4 C5

M^HCOa®

w

co;

O0505t0t0^t0^*t0M
OMMCOtOOMMCOOiM

®

©.

The

following

are

05 01

XCDODy

^100

oito<i

B*

X CO to M
-4 M 00 OD

bMOtJc

to
CO

ooytooc
to ^4005

05

MM

(O-CH
wo; mm
—

-1

nr cr

closing quotations:
GRAIN.

$ bbl. $2 85® 4 00
Superflue State and
No. 2

4 2 >® 4 75

Spring wheat extras..

4 80® 5 10

Winter sliipp’ffextras.
do XX and XXX...

5 40® 6 75

Patents

6 25® 8 00

do XX and XXX...

00

ppwp

FLOUR.

Western

ex
a
cr.

to to

OlMpp

to;

mm; p

tO COM CO

00 CO MM
00 05 <100

b-

w

b

Mtoa>*
wm<t

I ®
p

boscototobocMob

<|MjsttO

5 25® 6 50

4 85® 5 25

WheatNo. 3 spring, $ bu.$l
No. 2 spring
Amber winter
Red winter, No. 2
White
No. 1 white
Corn —West, mixed
West’n No. 2, new
West, yellow, uew
West, white, new
...

Western‘*rye mix”... 5 40® 5 05
City shipping extras. 4 90® GOO
Southern, bakers’ and
family brands
5 75® 6 75 Rye
South’n sliip’g extras, o 25® 5 05 Oats—Mixed
White.
Rye flour, superflno.. 4 60® 4 90
Barley—Canada W
Corn meal—
State, 4-rowed..
Western, &e
2 50® 3 00
State, 2-rowed..
Brandywine, Ac.... 315® 3 20
Peas—Can’da,b.&?;

®1 17
®1 23
®1 28
27*a®l 28
20
®124
3*2 2>1 24
15
21
24

®

53

52*2®

53

51
55
52
87
38
42
80
70
62

83

57
54
90
40
50
®1 05
®
®
®
®
®

®
®
®

80
70
95

474
{From the “ Neva

York Produce Exchange

At-

Chicago

...

....

Milwaukee..
Toledo
Detroit

...

Wheat,

(196 lbs.)
44,311
35,949

(60 lbs.)
105,633
60,740
255,329

4,075
2,085

106,206
15,300
105,129
4,295

...

Cleveland...
8t. Louis

...

...

bush.
(56 lbs.)

bush.

24,016
4,100

...

Peoria

Com,

Flour.
bbls.

Weekly.”)
Barley,

bush.

bush.

Rye,
bush.

(48lbs.) (56 lbs.)

326,951
28,900
18,399
1,138
8,960
88,179
153,450

261,200

In Store

Oats,

(32 lbs.)

505,830
31,833
427,108
11,510
36,900
263,560

Wheat,

lake and river ports

Receipts of flour and grain at Western
for the week ending April 24, 1880 :

1,346
9,000

6,946

8,962

652,632
895,267

114,536

Total

'79. 108,719

Total receipts

at same ports from

for four years:

5,950
8,475

11,500

bbls.

1,779,637

2,094,418

bush.

13,089,454
40,436,966
6,772,232
1,999,705

17,786,224
23,242,798
7,144,094

Flour
Wheat
Com
Oats

Barley

1,911,296
914,698

681,706

Ryei

24,771
75,984

Jan. 1 to April 24, inclusive,
1877.

1878.

1879.

1880.

-

at—

270,000
430,291

Duluth
Toledo
Detroit

308,926
170,000

Oswego
St. Louis
Boston
Toronto

1,911,139

1,355,325

18,157,452
23,479,232
6,342,521
2,302,836
1,243,041

5,225,301
20,585,868
4,507,265
1,807,717

Indianapolis......
Kansas City......
Baltimore
Rail shipments...
Lake shipments..
On canal

(24)

Total Apr.

....

238,000
514,385
6,558
50,000
1,200,778
291,129

Barley,

Oats,

bush.

bush.

5,283

65,386
3,426
2,500
83,075
13,130
23,050
131,471

bush;

1,458

3,667

64

34,493
4,400
2,075

58,005

41,073

39,000

8,400

12,747,937 1,909,549 1,292,978
23,002,047 13,969,947 2,085,255 1,350,585
23,838,359 15,877,576 2,253,504 1,669,178
24,382,845 15,163,948 2,769,185 2,033.927
24,226,709 16,698,308 2,993,794 2,227,583
16,972,424 12,246,085 1,865,490 1,646,400

495,376
544,070

143,616
167,421
10,976
66,700
222,970
795,000
103,102
981,941
990,000

36,500
349,340
316,697
100,900
144,518
810,810

89,332
105,500
132,663

509,918

429,806

3,273,932

47,100
98,000

184,000

*

,24’80. 21,494,865

Apr. 17, '80
Apr. 10, '80
Apr. 3, '80
Mar. 27, '80
Apr. 26, '79......

Rye,

46,000

326,514

Montreal (15)....

Com,
bush.

240,000
4,111
5,598
59,650
5,972

287,256
55,712

Peoria

625,977 70,809
564,960 65,438

1,537,941
1,824,678

bush.

Philadelphia

2,613
1,800
38,988

Duluth

Same time

r^oi,. xxi.

CHRONICLE.

1ELE

THE DRY

12,685
925

33,133

637,073
690,543
680,498

972,603

GOOD3 TRADE.
Friday, P. M.,

673,519

April 30, 1880.-

The past week has witnessed a very light movement in nearly
62,980,063 50,999,110 51,525,082
32,799,670 all descriptions of dry goods from first hands, and the jobbing
Total receipts (crop movement) at the same ports from Aug. 1
trade was by no means active. Manufacturers* agents repre¬
to April 24, inclusive, for four years:
1879-80.
1878-79.
1876-77. senting the best makes of domestic cotton and woolen goods
1877-78.
Flour
bbls.
4,106,482
4,838,974 4,683,533
4,009,017 continued to hold such fabrics with a fair degree of steadiness;
Total grain....

bush. 75,473.884

Wheat

84.938,596

Cora
Oats

21,185,666
9,866,584
3,633,694

Barley
Rye

73,874,990
63,313,193
23,104,104
8,953,042
3,871,041

34,618,286
59,335^769
15,553,055
7,873,367
2,531,003

61,642,743
58,568,848

18,754,078
8,781,696
3,219,858

had manifested less apathy it is quite probable
slight concessions would have been made in some cases as

but if buyers
that
an

incentive to more

liberal transactions.

The cautious policy

195,098,424 173,116,370 150,967,223 119,911,480 lately adopted by both wholesale and retail buyers seems
Comparative shipments of flour and grain from
same indicate that (despite the active business that has been in prog¬
years: 1877. ress for some months past) stocks are still ample for the pur¬
ports from Jan. 1 to April 24, inclusive, for
1880.
1879.
1878.
1,522,217
2,181,115
Flour
bbls.
1,909,980 1,298,527 suance of current trade, and little beyond a hand-to-mouth de¬
Total grain

....

to

the

four

4,038,048
13,220,248
3,113,240
1,106,106

16,265,408
17,130,979
3,049,270
1,296,968

anticipated in the immediate future. The
most important feature of the week was a material reduction in
Barley
1,216,880
384,411
the price of certain makes of printed calicoes controlled by a
Rye...
572,863
616,666
951,810
44,198,843
34,479,943
38,694,465
21,862,053
Total grain
leading jobbing house. These goods were placed on the market
Rail shipments from same ports for the last four weeks:
Barley,
at very low figures, but buyers failed to respond with the ex¬
Rye,
Oats,
Wheat,
Com,
Week
Flour,
bush.
bush.
bush.
bush.
bush.
ending—
bbls.
58,005 41,073 pected alacrity, and the result was not satisfactory.
2.383,850 476,906
Apr, 24
116,770 1,025,043
82,286 42,298
463,965
940,573
2,275,624
Domestic Cotton Goods.—The exports of domestics for the
Apr. 17
81.696 1,514,676 5,471,394 512.037
83,906 148,301
Apr, 10
102,942
88,120 42,232
426,347
week ending April 27 were 2,567 packages, distributed as fol¬
Apr. 3
124,994 2,185,550 3,213,295
Total, 4 w’ks.426,402 5,665,842
*
1,879,255 312,317 273,907 lows : China, 1,294 ; Great Britain, 480; IT. S. of Colombia, 199;
4 weeks’79.,514,781 4,021,723 6,021,189 1,494,432
399,013 247,503
9,053,868
28,317,378
5,037,854

bush.

Wheat
Com
Oats..

11.477,828
15,617,392
5,136,905
1,601,152

mand is therefore

.

Republic, 93; Japan, 90; Chili, 77; Hayti,
Receipts of flour and grain at seaboard ports for the week 62; Mexico, 51; &c., &c. The main features of the cotton goods
market are unchanged, the demand having been comparatively
ended April 24:
Barley,
Rye,
Oats,
Com,
Wheat,
Flour,
bush.
bush.
bush.
bush.
bush.
light, and prices fairly steady on such fabrics as were not
bbls.
At—
522,852 197,998 18,150 19,044
59,316 698,441
advanced to unreasonably high figures some time ago. Print
356,967 21,850 10,500
51,800
32,125
1,500
12,000
28,000
1,500
cloths continued dull at a further decline, and the market
Portland
180
1,170
3,600
8,261
500
1,500
90,400
closed nominal at 4%@5c. for 64x64s and 4%@4%c. for 56x60s.
268,000 811,200
9,790
1,000
186,900 11,200
456,400
20.501
were very quiet in first hands, and while agents’ prices
Prints
5,977
42,490 517,185
25,427
*

Brazil, 140; Argentine

13,344,163.

•

156,920 1,548,731

Total week.....

2,409.104 330,095

192,639 1,611,850 2,448,711 375,082
And from Jan. 1 to April 24, inclusive, for four

Cor, week’79....

Flour...

.

•

•

•

29,150

21,724

30,618

66,536

years:

1878.

1879.

1880.

.

1877.

2,147,189

2,729,733
19,822,119
32,491,913
4,527,823
2,001,025

...bbls.

2,703,188

3,260,200

bush.

16,178,535
41,167,966
5,806,320
1,353,160
351,283

25,364,887

987,430

1,259,622

4,320.278
987,329
331,756

64,857,264

66,890,757

60,102,502

32,338,234

Wheat...
Com—
Oats

,..

Barley..
Rye
Total grain....

33,315,904

5,902,434
1,320,102

Exports from United States seaboard ports
for week ending April 24:
Flour,

Fron^r

NewYurk
Boston

bbls.

1,582,466

9,557

Montreal
Baltimore

bush.

52,230
27,775

Portland

Philadelphia..

Wheat,

13,157

Total for w’k 102,719
Dame time '79. 110,357

1,873,763
24,825,108

and from Montreal

com,
bush.

Oats,

Rye,

bush.

bush.

648,039

3,880

49,837

418,869

27,600

10,000

118,656
509,961

524,806

500,796

500

2,288,520

2,102,210

5,076

1,812,899 2,523,767

7,878

Peas,
bush.

2,336
7,200

696

7,878

9,536

3,150 62,087 21,446

unchanged, some standard and 56x60 makes (controlled
by jobbers) were reduced to 6%c. and 5%c., respectively
out giving the desired impetus to their distribution.
Lawns,
jaconets, wide prints, ginghams and cotton dress goods were ,
in moderate request and steady in price.
Domestic Woolen Goods.—There was an irregular and, on the
whole, sluggish demand for men’s-wear woolens, and transac¬
tions were light iq the aggregate. There was, however, a
movement in fancy cassimeres, cheviot suitings, worsted coat¬
were

with¬

fair

ings, overcoatings, &e., in execution of former orders,
stocks are so well in hand that prices ruled firm on all

and

fabrics
of
strictly desirable character. Kentucky jeans were very
quiet, and satinets were in limited request^ but leading makes
ruled fairly steady in price. For flannels and blankets the
demand was of strictly moderate proportions, but the supply is
in such good shape that prices are firmly maintained. Worsted
dress goods were in light request, and shawls remained quiet.
a

making deliv¬
ruled firm and

Transactions in carpets were chiefly confined to
eries on account of old orders, but prices

the stocks in granary unchanged.
principal points of accumulation at lake and seaboard
Foreign Dry Goods.—There was a very moderate inquiry for
ports, and in transit by lake, rail and canal, April 24, was as imported goods3at first hands, and the jobbing trade was less
follows:
Rye,
Barley,
active than of late. Silks were quiet, but there was a steady
Oats,
Cora,
Wheat,
bush.
bush.
bush.
bush.
In Store at—
bush.
Dress goods moved
o0,68o demand for black and colored satins.
234,809 166,420 120,617
New York
2,146,857
Do. afloat (ost.)
75,000 slowly, but the most staple fabrics are steadily held. For
99,500
27,000
9,000
1,500
Albany
55,390 other descriptions of foreign goods, the demand was mostly of .
40,870
Buffalo
1,303,766 1,844,016 * 118,927
The visible

supply of grain, comprising

t the

Chicago
Milwaukee




8,542,582 2,615,210
4,169,725

17,437 i

371,990

371,092

83,228

773

239,549

46,431

a

hand-to-mouth character.

r"

^

Mat 1,

Importations of Dry

.

Receipts of Leading

Goods.

importations of drygoods at this port for the week ending
.April 29, 1880, and for the corresponding weeks of
ana
1878, have been as follows:
ENTERED fob consumption for THE WEEK ENDING APRIL 29, 1880.
The

1879

Manufactures of—

Wool
Cotton
Silk..............
Flax

.

-

184,938
329,780

Total

$
104,509

726

205,422

1,728

418

1,443

5,670 1,716,647

1,066

5,954

5,024

303,890
197,873
124,677

8,395

906,063

7,502

936,371

Manufactures of—

96,008
56,265

249
158
63
289

Wool/.
Cotton
Silk
Flax

1,552

Miscellaneous.....

947

70,805
46,804
91,409
62,599

236

98,458

198

5,268

57,669

5,956

329.286

41,386
58,365

252

47,045

3,408

40,608

62

292,291

4,156
7,502

906,063

824

182
153
98
255

50,516
52,588
50,121

299,069

2,311
8,395

Total

Ent’d for consumpt.

273,944
498,852
503,986
277,494
162,371

728

April 27.

Manufactures of—

...bbls.
...bbls.

1,828

1,486
19,499

2,432
27,739

BreadstuffsFlour, wheat

...bbls.

67,655

1,284,324

1,708,175

Com meal

Rye
Com

Oats

Barley and malt..
Peas

92,715
33,584
51,102
59,359

4,357

40,121

Wool....
Cotton
Silk
Flax

Miscellaneous

5,154
8,395

Total
nt’d for cousumpt.

54,435
65,912

57,424
67,236

3,752
7,502

Imports of Leading
The following table,
shows the foreign imports of leading

China, &c.—
China
Eartlienw

7,811 2,474.517

.

Glass
Glassware.
Glass plate.
Buttons

li;869
2,073

5,350
10,075
15,737
781,856

Coal, tons...
Cocoa, bags.

Coffee, bags.

1,928

Cotton,bales
Drugs, &e—
Bark, Peru.
Blea. powd.

8,440
2,040
24,173
3,171

Gambier
Gum, Arab.
.

171

40,803
43,978

23,871

Madder, <fcc

697

Oil? Olive..

15,012

20,787
24,081
2,622

Soda, sal...
Soda, ash..
Flax
Furs

Hemp, bales
Hides, &c.—
Bristles

..

28,484

Ivory...
Jewelry ,&c-

830

Jewelry...

1,195

.

420,840
991,491
325,253
472,882

287,956
897,734
253,568
329,046

undr. 10,136,753

3,857,773

Lemons

1,487

Oranges
Nuts
Raisins

72.367

459 Hides,

..

.

...

....

Cassia

87,431

124,656

Ginger.. ..
924 Pepper....
205 Saltpetre...

28,461

60,244
194,121
121,460

378

339

222,688
188,578
P

190,993 Woods—
19,785 Cork

142,219
25,871

Linseed
Molasses....

Fustic

Metals, &e—
Cutlery

2,577

Hardware...

471

246,574
135,812

31,969

1

.

22,275

75,583

1,560 Rice...
16,566’ Spices, &c.—

3,612

India rubber

Watches

500

1,075

.

Hides,dr’sd

447,280

2,523 Fruits, &c.—

1,414
5,550
76,899

Hair

555,391
28,886
317,779
154,270

933 Fish

4;413

Gunny cloth

$

$

value.

368

6,465 Cigars
21,674 Corks
21,093; Fancy goods

5,602

39,511
11,549

55,976

1,346 Wool, bales.
10,691 Reported by

507

Opium .. ..
Soda, bi-cb.

Wines

2,132

3,393

Indigo

Peanuts
Provisions—
Pork
Beef

698,979

478

.....

Logwood

1,745

219,408
15,679
296,989

..

69.700

178' Mahogany.

Exports of

172,912

60;088

294,295
62,949

Provisions.

following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland and New
Orleans, for week ending April 24, 1880, and their distribution :
The

Tork,
bbls.

To—

Lard,

bbls.

lbs.

Bacon,
lbs.

Cheese,

Tallow,

lbs.

lbs.

2,481

Liverpool

Glasgow

•

Bristol
Cardiff
Rotterdam...

Hamburg
Bremen

Antwerp

•

•

•

64
218
58
51
41

..

bbls.

Marseilles
Sweden &Nor.
...

Brazil
CentralAraer.

32
15

5
17

8
16

Hayti

....

799
492
681

W. I. ports...
B. N. A. Col..
Oth'r countr’s

1,987
1,212

Total week..

9,109




54,290
111,210

23,160
....

.

617,500

>••

164

'

222
112
1
725
216
48

3,387
56,575
715,343
20,393
172,030
1,600
3,230

401

5,339

1,876

34,174

94

238

3,366

5,420

6,445
3,058

28.038

47,344

6,571

1,250

7,304
5,754

1,120

400

12,586

3,451

4,516 11,657,243 17,103.828 1,055.539

17,535
91,049

19

1,201

41,518

45,099

..pkgs.

5,858

36,105

120,765
17,054

.pkgs.

47,967
24,043
14,659
18,715
24,183

16,212

10,326

8,077
•

.

Cutmeats

.

Butter
Cheese

..pkgs.
...bbls.

tcs. &

bbls.

Lard

Hogs, dressed

2,678
......

1,421
4,084

pkgs.

449

...bbls.
..hhds.

129

Rice..

Stearine

Sugar

Sugar

1,853

Tallow
Tobacco
Tobacco

900

..pkgs.

Spelter

boxes & cases.

..hhds.
...bbls.

Whiskey

3,018

1,258
7,301
193

Wool

,

•

» •

•

12,871
640,542
319,225
140,520
228,363
220,803
45,009
40,672
30,121
19,956

704,579
361,062
318,842
181,063
300,291
17,722
49,869
15,499
35,853

5,658

12,305

71

998

7,166
36,256
56,017
18,061
112,967
7,768

26,203
42,919
41,772
14,930

118,721
14,946

Leading Articles of Domestic Produce.
The following table, based upon Custom House returns, shows
the exports from New York of all leading articles of domestic
Exports ol

produce for the week
from the 1st of

ending with Tuesday last; also the exports
the same day, and for the cor¬

January, 1880, to

responding period in 1879:
Week ending

April 27.
Ashes, pots

Ashes, pearls

....bbls.
bbls.

Breadstuff's—
Flour, wheat
Flour, rye
Com meal
Wheat

Rye
Oats

Barley
Peas
Com

Candles
Coal
Cotton
Domestics

Hay
Hops
Naval Stores—
Crude turpentine.

bbls.

62,497

bbls.
bbls.

40

...bush.
...bush.
...bush.
..bush.
...bush.
...hush.

3,397

1,628,829
20,600

2,846

.

...pkgs.

..

.pkgs.

...hales.

Since Jan.
1880.

2,116

539,182
1,240

1,

Same time
last year.

497
73

727
48

41,771

13,025

1,135,106

997,855

1,469
52,305
13,310,491
651,772
56,815
254,630
142,162

2,861
57,690
13,793,161
1,099,575
135,573

10,519,599

9,219.888

31

lbs.

Beeswax

86.290

149,009

19,557

22,336

577

19,718

15,754
2,507
1,623

137,181

29,255
95,626

29,567

47,123

29,848
1,845

22,859
10,751

......

...

100
3.191

•

467

5,444
457
278

33,985

3,174
72,911
2,244
1,919
581,979

65,688
2,495
1,950

601,883
61,088

288 i

35,760

Sperm

—gals.

Lard
Linseed
Petroleum

145

62,314
197,994
11,017

....gals.

3,889,502

83,937,798

51,413,746

....bbls.

5,440

79,025

89,207

18,159
22,445
192.520,018
5,847,151

16,006

Provisions—
Pork
Beef
Beef

gals.

.tierces.
lbs.

Cutmeats
Butter
Cheese
Lard
Rice
Tallow

1,000
17,173

886
946

9,934,434
336,609
624,637

7,046,366
....bbls.

633

1,869,983
1,065

Tobacco, leaf
Tobacco
bales

and cases.
Tobacco.manufactured. lbs.
Whalebone

,878,111

437

1,420
20,914

2,288
1,557

956

Pitch
Oil cake
Oils—
Whale

3,354
1,149

396,116
4,941
74,938

545

176,341

51,700
355,000

....

22,605

1,337,664

209,594
1,687

..pkgs.

Tar.

419,953

....

53,903

866

452.627

232,480
12,400

10,861
2,986
88,616
71,240

......

245,500

....

....

Arg. Republic

Mexico
S. Am. ports
Cuba

64,600
18,000

346,312

101,353
8,007

...bbls.

:

2,805,119
1,360,210
142,012

108

bbls.
bbls.
Spirits turpentine.
....bbls.
Rosin

....

....

....

179,640
660,600
110,820

117

...bbls.

...

440,475
187,225
2,476 2,372,733 11,383,215
7^0,700
102
490,500
357,200
150
133,400
287
54,000 1,243,475
53i
491,250
191,630
47.225
50 1,850,458
118,750
50 1,192,752
319,6?5
1,186,900
758,100
352,000
233,746
1,539,079
11,875
240,000
2

790

London

Denmark
Havre

Beef,

100,907

Oil, lard
Oil, whale

194,788

29,011

..sides.

.

Pitch
Oil cake

40,457

Tobacco....

41,674

.bales.

1,424
8,735
2,255

Rosm
Tar

397,971
4,177,052

5,206 Waste
1,053 Wines, &o.—
19,157 Champ’gne
baskets..
1,745

754

..bajs.

Turpentine, spirits.

24,587

350,607
21,134

15,157

11,889

Cochineal..
.

•

12,472 Spelter, lbs 2,871,070
153,282
79,157 Steel
558,367
9,561 Tin, boxes.
1,715 Tin slbs.,lbs 12,273,588
99,746
3,999 Paper Stock.
10,233 Sugar, hhds,
199,879
10,679 tea., <fcbbls.
727,189 Sugar, boxes
5,281 and bags... 1,001,332
423,942
Tea

1,691

782
19

429.046

9,414,494

11,822,758
3,227,100
1,404,679
189,069
369,241
14,799
3,933
60,153
54,414
19,896
6,113
1,239,590
49,723

420

Turpentine, crude. ...bbls.

3,942
452,360

27,057

-

55,858

...bbls.

’

Eggs
Lard

Metals, &c—
Lead, pigs.

.

59,913
12,861,870

32,701
6,673,076
196,275

Naval Stores—

1880.

3,664

4,763
16,316
192,451

818,528
295,402

Molasses
Molasses

Articles.

1879.

..hush.
..bush.
..hush.
..bush.

Leather
Lead

compiled from Custom House returns,
articles at this port since
January 1, 1880, and for the same period in 1879:
I The quantity is given in packages when not otherwise specified. 1
1879.
1880.

662,239
9,040

Hops

2,141
5,670 1,716,647

1,250,991
Total at the port... 13,549 1,182,944 11,916

..bush.
..bush.

11,360

Grass seed
Hides
Hides

757,870

314,620
936,371

4,414

276,881
906,063

4.090

Cotton
Cotton seed oil
Flax seed

220,665
103,546
184,688
211,714
37,257

557
331
208
866
179

69,613

160
152
81
269

138

.bbls.

..

Wheat

WAREHOUSE DURING SAME PERIOD.

276
149
65
307

Same time
last year.

1,

Ashes
Beans

11,658 1,228,662 11,616 2,045,933
Total on market... 10,706 1,205,132
ENTERED FOR

Since Jan.
1880.

Week ending

5,670 1,716,647

936,371

made to the

based upon daily reports

foUowing table,

Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for exports)
also the receipts from January 1,1880, to that day, and for the
corresponding period in 1879:

THE MARKET DUR¬

WAREHOUSE
AND THROWN INTO
ING THE SAME PERIOD.

WITHDRAWN FROM

$

268

161,657
105,863

837

:

Miscellaneous

•

$
123,825

363
711
530

Articles of Domestic Produce.

New York Produce

Value.

Pkgs.

Value.

Pkgs.

Value.

Pkgs.

The

1880.

1879.

1878.

475

CHRONICLE

THE

I860.]

«•••

.lbs*

897

67,683
••••••

13,860,433
98,459,426
4,724
24,954,442
22,126

15,125
2,258,472
42,801

351,989

3,340

22,804
251,256,290
9,782,780
29,974,368
98,460,396
5,821

25,487,352
17,663

*»

8,907

2,377,249

19,778

J. S. Kennedy & Co.,
Bankers and Merchants,
No.

STREET,

WILLIAM

63

New York.

Dividends ;

Collect Coupons and

LOANS AND

NEGOTIATE

DRAW BILLS OF

EXCHANGE ON LONDON.

the Construction and

All business relating to

Equipment of Railroads undertaken.

Dickinson

sts., Brooklyn, N. Y.

This Company is authorized by special charter to
act as receiver, trustee, guardian, executor, or ad¬
ministrator.
It can act as agent in the sale or
real estate, collect interest or dividends,

management of
receive
make purchase and

Religious and

INVESTMENT SECURITIES;

RAILROAD

Brooklyn Trust Co.

Cor. of Montague & Clinton

registry and transfer books, or
sale of Government and other securities.

SELL

AND

BUY

The

BANKERS,

Give full description, an**

price paid for them.

Exchange Place, New York.
Stocks, Railroad Bonds, Governments, and all Se¬
curities dealt in at the N. Y. Stock Exchange, bought
and sold, either for investment or on margin.
Have been connected with mining since the dis¬
covery of the famous Comstock Lode, and also
pioneers in the celebrated Bodie district, in which
are located the “ Standard,” 44 Bulwer,” 44 Bodie, ’
and other well-known mines. Letters and telegrams
No. 43

address,

BROKER,

AND

124 N. Third street,

St. Louis, Mo.

OF WALL STREET

the

AND BROADWAY,

General Banking Business, including
purchase and sale of STOCKS and BONDS for

Transact

a

Buy and Sell Investment

Securities.

John F. Zebley, Jr.,
BROAD

ST.,

H. J. Morse.

Sheldon & Wadsworth,

in

Investment

Orders executed at the Stock and

All classes of negotiable securities bought and
sold at the Stock Exchange on Commission. Ad¬
vances made on same.
Wm. B. Wadsworth.
Wm. C. Sheldon.

BANKERS AND BROKERS,
No. 19 Broad Street, New York,

Street,

GOVERNMENT AND INVESTMENT SECURITIES
BUI AND SELL ON COMMISSION,
For cash or on margin, all securii ies dealt in at the
New York Stock Exchange. Brokers in State, Rail¬
way, Municipal, Mining and Miscellaneous stocks

AND

ADRIAN

H.

Boston.

SATURDAYS.

MULLER A SON,
NEW YORK.

No. 7 PINE STREET,

Rosenbaum,

H. W.

Place,

Exchange

51

BUYS

ALL CLASSES

AND

BANKERS, No. 12 WALL STREET,

AND

BANKER

No. 13 BROAD

RAILROAD

Smith,

BONDS AND STOCKS.

GOVERNMENT BONDS, STOCKS AND
LANEOUS SECURITIES,

DEALT IN AT THE

ACTIVELY

NEW YORK STOCK EX

A

fully furnished.

Kimball, Howell & Co.,
C. H. Kimball, J.

SECURITIES

SPECIALTY.

Railway Bonds and Coupons bought and sold at best
Market Rates.

Beers, Jr.,

STOCK

AND

Gas
HAS

Stocks, Railroad Bonds,
Miscellaneous Securities,

No.

May 1. 1879.




1

NEW

YORK.

Governments, and
Bought and Sold*

BANKERS
t

COTTON

TO

NEW YORK.
i

AND

COMMISSION MERCHANTS,
34

STREET,

N. P. Henderson,

68 BROADWAY AND 17

NEW ST.,

Buy, Sell and Carry on Margins
All Securities dealt in at the

Exchange

J. H. Latham & Co.,
EXCHANGE,

United States, Chicago, Cincinnati, St.
District of Columbia Bonds,

SECURITIES,
STREET.
F. w. Perry.

WILLIAM

J. H. Latham.
—

.

-

.

Louis,

OTHER

INVESTMENT

—

Buttrick & Elliman,
AND

BANKERS

BROKERS,

Street, New York.

No. 2 Nassau

C. A. Buttrick, Member of the N. Y. Stock
Wm. Elliman. Memoer of the S.Y. Mining

Exch’ge

Exuh’ge

PINE

STREET,

New lork.

CO.

UNION TRUST
OP
No. 73

YORK,

NEW

Broadway, Cor. Rector St*

HAS SPECIAL

rr

•

-

.

.

$1,000,000.

FACILITIES FOR ACTING AS

and

Transfer Agent

BROKERS,

Dodge, Potter & Co.,

Stocks, Ac.,

REMOVED

BOND

No. 52 EXCHANGE PLACE, NEW

BROOKLYN SECURITIES, CITY BONDS,

P. Howell,

Members N. Y. Stock Exchange,

CAPITAL,

J. D. Probst & Co.,

Investors or Dealers wishing to buy or sell are
invited to communicate.
State, Municipal and

N. T.

information cheer¬

BROKER,

(An intimate knowledge of all for the past 10 Years

MISCEL¬

OF INVESTMENT AND MIS

Correspondence solicited and

ST., NEW YORK.

sell

and

BONDS, STOCKS and INVESTMENT SECURITIES
BOUGHT AND SOLD
COMMISSION.

SELLS

SECURITIES NOT

CELLANEOUS

entrusted to the firm.

Hatch & Foote,

52

AND

St., New York.

sonal attention to all business

ON

WEDNESDAYS

DREXEL BUILDING,

BUY and SELL RAILROAD STOCKS and BONDS,
U. S. GOVERNMENT, STATE. CITY, and all otkef
Negotiable Securities, ON COMMISSION.
Mr. J. M. Drake has been a member of the NeW
York Stock Exchange since 1852, and will give per¬

CHANGE A SPECIALTY.

Fred. H.

22

AND

BONDS

AND

STOCKS

RAILROAD

Buy and Sell-on Commission all Securities
Current at the New York Stock Exchange.
Allow Interest on deposits. Make Advances
on Approved Collateral.

Drexel Building.

BROKERS IN

SALES of all classes of

ANTHONY, POOR & OLIPHANT,
Devonshire

RANKERS,
No. 3 Broad Street,

FOREIGN

Undersigned hold REGULAR AUCTION

Securities.

Jas. L. Anthony, Member N. Y. Stock Exchange.
Hekrt Wm poor.
Jas. H. Oliphant, Member N. Y. Mining Exch’ge

And 83

Clinton B. Fisk & Co.,

STOCKS and BONDS
The

Special attention given to Defaulted Railroad and
Municipal Securities of Illinois, Kansas, Missouri,
owa and Nebraska.
Correspondence solicited and full information
given on all classes of bonds and stocks.

Stock Exchanges,
Special attention

Frank F. Dickinson,
Jos. C. Walcott,
Members N. Y. Stock and Mining Exchanges.

STOCKS.

AND

BONDS

IN

DEALERS

AND

BANKERS

YORK,

Mining Exchanges.

and sell
the New

given to Mining stocks.

At Auction.

(Drexel Building)

Dealer

STREET,

WAI L

10

BROKER,

NEW

York, Philadelphia and Boston

BUY

Wayland Trask.

A. M. Kidder.

C. W. McLellan, Jr.

Street, ;

either for cash or on margin.

P. O. BOX 2,647.

Reuben Leland.

CO.,

Transact a General Banking Business, buy
on commission all securities dealt in at

cash or on margin.

P. O. BOX 447.

5

29 Broad

No.

Wall

York.

New

BANKING BUSINESS,
INCLUDING THE PURCHASE AND 8ALE OF
STOCKS AND BONDS FOR CASH OR ON MAR¬
GIN. BUY AND SELL COMMERCIAL PAPER.

&

BANKERS,

BANKERS,

BANKERS,

TRANSACT A GENERAL

AND

WALCOTT

C.

J.

21

BANKERS,

BANKER

mercial bills.

d6C«.

COR.

Exchange Place,

New York.'

Street,

(P. O. BOX 2,847.)
Special attention paid to the negotiation of Com¬

yamesM. Drake & Co.

Howard C. Dickinson,
Members N. Y. Stock Exchange and N, Y. Mining
Stock Exchange.

D. A. Boody.

Wall

63

and bonds.

Piatt K. Dickinson,

58 Broadway, cor.

,

DEALERS in

COQUARD,

li. A •
BANKER

from these districts received daily. Orders exe¬
cuted direct at the San Francisco Stock Exchange

iBoo dtjf
Ate Jbeflau
&

ILLINOIS DE¬
Highest market

of MISSOURI and
COUNTY BONDS.

All kinds
FAULTED

IN

Foreign Exchange, Stocks and Bonds,

charitable institutions, and persons

unaccustomed to the transaction of business, will
Hnd this Company a safe and convenient depository
for money.
RIPLEY ROPES, President.
CHAS. R. MARVIN, Vice-Pres’t.
Edgar M. Cullen, Counsel.
TRUSTEES:
Wm. B. Kendall, Henry Sanger, Alex. McCue,
John P. Rolfe,
Chas. B.MarvimA A. Low,
Thomas Sullivan, Abm. B. Baylis, Henry K. Sheldon
H.E. Pierrepont, Dan’l Chauncey, John T. Martin,
Alex. M. White, Josiah O. Low, Ripley Ropes,
Austin Corbin. Edmund W. Conies.
WM. R. BUNKER, Secretary.

WANTED:

Bro’s,

BROKERS

Registrar of Stocks*
Authorised by law to act aa Executor,
tor, Guardian, Receiver, or Trustee,

LEGAL

Administra¬

and Is a
DEPOSITORY FOR MONEY*

Interest allowed on Deposits, which may
*nd withdrawn at any time.
N. B.—Checks on this institution pass

through the
EDWARD KLNG, President-

Clearing-House.
J. M.

be made

McLean, 1st Vice-President.

J. H. OGILVIE,

2d Vice-President.

EXECUTIVE
J. M. McLean,

Augustus Schell,
1. B. Wesley,
h G. Williams,

A. O.

COMMITTEE.
Samuel Willets,

Wm. Whitbweight,
Geo. Cabot Ward
G. D. Wood.

RONALDSON, Secretary*